H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time August 30, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, Week ended | Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AuflE 29> August 22, August 31, August 29, 1984 1983 1984 Reserve Bank credit: 1» 2 i 174,355 _ 554 + 10,656 173,944 U.S. government securities- Bought outright—system account 149,332 - 1,046 + 4,754 149,054 Held under repurchase agreements — — 323 — Federal agency obligations- Bought outright 8,494 — 248 8,494 Held under repurchase agreements — — 27 — Acceptances- Bought outright — — — — Held under repurchase agreements — — 30 — Loans to depository institutions 8,356 + 421 + 6,644 8,166 Includes: seasonal borrowing of 364 + 10 + 148 356 extended credit of 7,356 + 344 + 6,857 7,299 Float 90 - 181 674 24 Other F.R. assets 8,083 + 252 + 559 8,254 Gold stock 11,099 — 29 11,098 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,235 + 15 + 732 ! 16,248 Total factors supplying reserve funds 206,306 - 540 + 11,358 205,908 Currency in circulation* 175,496 - 649 + 13,327 176,033 Treasury cash holdings* 472 - 3 18 465 Deposits, other than reserve balances, with F.R. Banks: | Treasury 3,615 + 267 + 315 3,783 Foreign j 206 - 2 31 215 Service-related balances and adjustments 3 < 1*503 j + 50 + 437 1,141 Other 436 + 114 + 5 428 Other F.R. liabilities and capital 5,979 - 60 + 690 5,792 Total factors, other than reserve balances, absorbing reserve funds 187,707 - 284 + 14,725 187,857 Reserve balances with F.R. Banks 4 18,599 - 256 3,367 j 18,051 On August 29, 1984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official f and international accounts were $118,930 million, an increase of $1,221 million for the week. 1 Net of $3,242 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $3,242 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $3,508 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $3,508 million was with foreign official and international accounts. Includes $ 328 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,141 million and adjustments of $ 362 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday, Wednesday August 29, 1984 August 22, 1984 August 31, 1983 ASSETS Gold certificate account 11,098 1 30 Special Drawing Rights certificate account 4,618 — — Coin 462 + 2 + 47 Loans 8,166 + 340 + 4,533 Acceptances— Held under repurchase agreements 209 Federal agency obligations- Bought outright 0,^4 Z4« Held under repurchase agreements1 — - 190 U.S. government securities: Bought outright—Bills 63,123 - 1,338 + 2,170 Notes 63,894 — + 850 Bonds 22,037 — ++ 1,808 Total bought outright2 149,054 - 1,338 ++ 4,828 Held under repurchase agreements1 — — 2,263 Total U.S. government securities 149,054 - 1,338 ++ 2,565 Total loans and securities 165,714 - 998 + 6,451 Cash items in process of collection (1,837) 6,130 - 327 - 2,028 Bank premises 556 — + 3 Other assets 3 7,698 + 65 + 715 TOTAL ASSETS (1,837) 196,276 - 1,259 + 5,158 LIABILITIES Federal Reserve notes 160,712 146 + 12,471 Deposits: Depository institutions 19,192 - 1,419 - 6,510 U.S. Treasury—general account 3,783 + 425 - 406 Foreign—official accounts 215 18 - 33 Other 428 57 - 19 Total deposits 23,618 - 1,069 - 6,968 Deferred availability cash items (1,837) 6,154 - 265 -. 1,025 Other liabilities and accrued dividends* 2,356 66 + 300 TOTAL LIABILITIES (1,837) 192,840 - 1,254 + 4,778 CAPITAL ACCOUNTS Capital paid in 1,558 + 2 + 124 Surplus 1,465 — 106 ++ Other capital accounts 413 7 ++ 150 * Figures in parentheses are the eliminations made in the consolidating process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 3,508 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $328 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 50 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 29, 1984 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings Weekly changes Holdings Weekly changes Within 15 days 8,109 — 7,293 + 39 202 + 18 16 days to 90 days 57 — 29,081 - 968 523 •- 81 91 days to 1 year — — 44,519 - 409 1,754 +100 Over 1 year to 5 years — — 33,985 4,304 -- 37 Over 5 years to 10 years — — 14,808 1,312 Over 10 years — ^^ 1199,,336688 — 339999 — Total 8,166 114499,,005544 -1,338 88,,449944 — Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON August 29, 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,098 599 3,359 515 617 969 360 1,510 357 160 608 726 1,318 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 462 21 20 21 35 61 57 25 24 14 43 36 105 Loans 8,166 30 44 58 47 109 57 7,359 84 87 218 51 22 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 8,494 427 2,852 285 470 708 202 1,160 244 114 405 538 1,089 Held under repurchase agreements 1 — — — — — — — — — — — __ — U.S. government securities: Bought outright—Bills 63,123 3,177 21,191 2,121 3,495 5,260 1,500 8,618 1,811 850 3,008 3,998 8,094 Certificates: Special Other Notes 63,894 3,216 21,450 2,146 3,538 5,325 1,518 8,723 1,833 860 3,045 4,048 8,192 Bonds 22,037 1,109 7,398 740 1,220 1,837 523 3,009 632 297 1,050 1,396 2,826 Total bought outright 2 149,054 7,502 50,039 5,007 8,253 12,422 3,541 20,350 4,276 2,007 7,103 9,442 19,112 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 149,054 7,502 50,039 5,007 8,253 12,422 3,541 20,350 4,276 2,007 7,103 9,442 19,112 Total loans and securities 165,714 7,959 52,935 5,350 8,770 13,239 3,800 28,869 4,604 2,208 7,726 10,031 20,223 Cash items in process of collection 7,967 311 631 299 280 1,844 596 506 480 404 1,041 505 1,070 Bank premises 556 95 25 50 27 103 38 21 16 26 31 18 106 Other assets 3 7,698' 257 2,015 286 417 438 412 966 191 200 314 1,201 1,001 Interdistrict settlement account -0- + 1,377 + 1,909 + 583 + 891 + 714 + 1,355 - 6,915 + 289 + 48 - 218 - 37 + 4 TOTAL ASSETS 198,113 10,860 62,229 7,329 11,339 17,776 6,779 25,628 6,131 3,121 9,786 12,790 24,345 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 3,508 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 328 million securities loaned -fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 50 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON August 29, 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 160,712 9,716 49,934 6,162 10,059 14,289 4,278 22,567 4,947 1,940 7,692 10,187 18,941 Deposits: Depository institutions 19,192 603 5,715 638 610 1,236 1,534 1,687 554 632 800 1,681 3,502 U.S. Treasury—general account 3,783 3,783 Foreign—official account; 215 4 102 10 8 12 20 4 7 11 25 Other 428 1 342 1 13 1 64 2_ 1 1 Total deposits 23,618 608 9,942 646 621 1,257 1,547 1,771 558 638 809 1,693 3,528 Deferred availability cash items 7,991 318 678 271 304 1,856 631 516 465 396 1,016 495 1,045 Other liabilities and accrued dividends 1 2,356 116 785 81 132 192 62 327 68 35 112 14_8_ 298 TOTAL LIABILITIES 194,677 10,758 61,339 7,160 11,116 17,594 6,518 25,181 6,038 3,009 9,629 12,523 23,812 CAPITAL ACCOUNTS Capital paid in 1,558 44 393 79 104 78 128 194 42 54 72 123 247 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 413 18 140 19 18 30 11 61 11 7 17 36 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 198,113 10,860 62,229 7,329 11,339 17,776 6,779 25,628 6,131 3,121 9,786 12,790 24,345 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 189,348 11,332 55,355 8,499 11,239 16,313 7,105 24,787 666,,,111111444 222,,,777222222 111000,,,888444777 111222,,,111333333 22,902 Less-Held by F.R. Banks 28,636 1,616 5,421 2,337 1,180 2,024 2,827 2,220 111,,,111666777 777888222 333,,,111555555 111,,,999444666 3,961 F.R. notes, net 160,712 99,,771166 4499,,993344 66,,116622 1100,,005599 1144,,228899 44,,227788 2222,,556677 444,,,999444777 111,,,999444000 777,,,666999222 111000,,,111888777 18,941 Collateral held against F.R. notes: Gold certificate account 11,098 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0- U.S. govt, and agency securities 144,996 Total collateral 160,712 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis