H.4.1 Factors Affecting Reserve Balances of Depository Institutions

igjxfiSrl FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and Condign Statement of F.R. Banks For release at 4:30 p.ffi- Eastern Time September 13, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss SSeepptteemmbbeerr 1122,, September 5, September 14 September 12, PP 11998844 11 1984 1984 Reserve Bank credit: 1> 2 178,287 + 53 + 14,317 179,801 U.S. government securities- Bought outright—system account 152,195 + 3,380 + 7,463 153,936 Held under repurchase agreements 863 - 3,152 + 863 Federal agency obligations- Bought outright 8,494 246 8,493 Held under repurchase agreements 128 183 + 128 Acceptances- Bought outright Held under repurchase agreements , Loans to depository institutions 7,503 504 + 6,353 7,409 Includes: seasonal borrowing of 305 8 + 120 298 extended credit of 6,814 374 + 6,313 6,424 Float 694 + 321 909 1,456 Other F.R. assets 8,410 + 191 + 665 8,507 Gold stock 11,098 30 11,098 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,237 + 15 + 706 16,250 Total factors supplying reserve funds 210,241 + 68 + 14,994 211,767 Currency in circulation* 177,512 + 455 + 13,090 177,361 Treasury cash holdings* 466 + 1 8 465 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,933 207 + 495 3,521 Foreign 210 42 + 10 198 Service-related balances and adjustments 3 1,258 135 + 188 1,148 Other 495 + 60 1 + 34 ; 407 Other F.R. liabilities and capital 6,342 + 228 + 693 6,080 Total factors, other than reserve balances, absorbing reserve funds 190,215 + 359 + 14,502 189,180 Reserve balances with F.R. Banks 4 20,026 291 4- 493 22,587 On September 12, 1984 • marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 118,667 million, a decrease of $2,469 million for the week. 1 Net of $ 2,659 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2*659 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 1 » 166 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,166 million was with foreign official and international accounts. Includes $ 270 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ l ,148 million and adjustments of $ no 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 HHee WWeeddnneessddaayy Wednesday, Wednesday, September 12, 1984 September 5. 1994 Sentember 14. 1983 ASSETS Gold certificate account 11,098 30 Special Drawing Rights certificate account 4,618 — Coin 451 + 7 + 35 Loans 7,409 91 + 4,999 Acceptances- Held under repurchase agreements Federal agency obligations- Bought outright 8,493 244 Held under repurchase agreements1 U.S. government securities: Bought outright—Bills 68,005 2,818 + 6,487 Notes 63,894 + 850 Bonds 22,037 + 1,808 Total bought outright2 153,936 + 2 ,818 + 9,145 Held under repurchase agreements1 — Total U.S. government securities 153,936 + 2 ,818 + 9,145 Total loans and securities 169,838 + 2 ,726 + 13,900 Cash items in process of collection (2,427) 9,093 - 1 ,138 Bank premises 555 2 Other assets 3 7,952 - 228 198 TOTAL ASSETS (2,527) 203,605 + 1 ,367 + 14,017 LIABILITIES Federal Reserve notes 162,027 468 + 12,638 Deposits: Depository institutions 23,735 + 4,700 + 357 U.S. Treasury—general account 3,521 - 1,012 + 248 Foreign—official accounts 198 56 45 Other 407 - 2JL Jfi- Total deposits 27,861 + 3,604 542 Deferred availability cash items (2,427) 7,637 - 1,999 30 Other liabilities and accrued dividends4 2,625 + 234 516 TOTAL LIABILITIES (2,427) 200,150 + 1,371 + 13,726 CAPITAL ACCOUNTS Capital paid in 1,560 + 123 Surplus 1,465 + 106 Other capital accounts 43Q _± ^L. * 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 $ 2,099 million was outstanding at the end of the latest statement week. 2 Net of $ 1,166 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 270 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 $ 54 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, September 12, 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 Loans Acceptances Holdings | Weekly changes Holdings [Weekly changes Within 15 days 7,262 7,489 412 25 96 16 days to 90 days 147 32,723 + 1,415 724 + 133 91 days to 1 year 45,588 + 1,815 1,736 58 Over 1 year to 5 years 33,960 4,343 + 20 Over 5 years to 10 years 14,808 1,266 Over 10 years 19,368 399 Total 7,409 153,936 2,818 8,493 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 September 12, 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 451 20 19 35 58 54 24 30 14 42 34 103 Loans 7,409 231 28 7 56 16 6,685 65 57 227 22 11 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,493 427 2,851 285 470 708 202 1,160 244 114 405 538 1,089 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 68,005 3,422 22,830 2,285 3,765 5,667 1,616 9,284 1,951 916 3,241 4,308 8,720 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 2 153,936 7,747 51,678 5,171 8,523 12,829 3,657 21,016 4,416 2,073 7,336 9,752 19,738 Held under repurchase agreements 1 Total U.S. government securities ro793r 7,747 51,678 5,171 8,523 12,829 3.657 21,016 4,416 2,073 7,336 9,752 19,738 Total loans and securities |169,838 8,405 54,533 5,484 9,000 13,593 3,875 28,861 4,725 2,244 7,968 10,312 20,838 Cash items in process of collection 11,520 399 826 405 436 2,467 701 843 633 430 1,280 644 2,456 Bank premises 555 95 25 49 27 104 38 21 16 26 32 18 104 Other assets 3 7,952 268 2,068 300 430 457 434 989 200 185 328 1,251 1,042 Interdistrict settlement account -0- 922 + 1,371 + 312 + 998 + 356 1,462 - 6,116 + 229 - 30 - 352 - 355 + 1,203 TOTAL ASSETS 206,032" 10,949 63,535 7,309 11,845 18,412 7,085 26,778 6,360 3,090 10,147 12,940 27,582 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 2,099 $ 2,099million was outstanding at the end of the latest statement week. 2 Net of $ 1,166 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 270 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 $ 54 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 September 12. 1984 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LLIIAABBIILLIITTIIEESS FFeeddeerraall RReesseerrvvee nnootteess 116622..002277 999,,,666777222 555000,,,444000666 6666,,,,000011114444 11110000,,,,111144446666 11114444,,,,222299990000 4444,,,,111122227777 22223333,,,,111111111111 4444,,,,999966661111 111,,,999666000 777,,,777111999 10,074 19,547 DDeeppoossiittss:: DDeeppoossiittoorryy iinnssttiittuuttiioonnss 2233..773355 777333666 666,,,666999333 666699992222 1111,,,,000000009999 1111....222299993333 1111,,,,999977775555 2222,,,,111188883333 666688886666 555555000 999111666 1.761 5,241 UU..SS.. TTrreeaassuurryy--ggeenneerraall aaccccoouunntt 33..552211 333...555222111 FFoorreeiiggnn--ooffffiicciiaall aaccccoouunnttss 119988 444 888555 7777 11110000 8888 11112222 22220000 4444 555 777 11 25 OOtthheerr 440077 111 222888444 1111 44444444 1111 77772222 222 i 1 DDeeffeerr TT rree oo dd tt aa aa ll vv dd aa ee ii pp llaa oo bb ss ii ii ll tt ii ss ttyy ccaasshh iitteemmss 22 11 77 00 .. ..00 88 66 66 44 11 333 777 000 444 222 111 iiiOOO,,,555 777 666 777 333 000 6666 3333 9999 ****8888 9999 """" 1111,,,, 3333 0000 0000 2222 7777 0000 2222 1111 .... .... 3333 33334444 8888 5555 3333 '''' 1111,,,,9999 6666 8888 3333 8888 9999 2222....2222 5555 7777 8888 5555 6666 """" 6666 55554444 9999 1111 0000 """" ~~~~ 444 555 222 555 333 555 ~~~~~~ 111,,,222 999 222 222 111 555 11,,77 66 77 44 33 22 55 11 .. ,,99 22 11 66 22 77 OOtthheerr lliiaabbiilliittiieess aanndd aaccccrruueedd ddiivviiddeennddss'' 22..662255 111222999 888888222 99990000 111144447777 222211115555 66667777 333366660000 77775555 333999 111222333 116633 333355 TOTAL LIABILITIES 202,577 111000,,,888444444 666222...666444111 7777,,,,111144441111"""""""" 11111111,,,,666622220000 11118888....222233333333 6666,,,,888822221111"""" 22226666....333333332222"""" """"6666,,,,222266667777 222,,,999777777 999,,,999888888 "" 1122,,665522 2277,,006611 CAPITAL ACCOUNTS Capital paid in 1,560 444444 333999333 77779999 111100004444 77778888 111122228888 111199995555 44442222 555444 777222 112233 224488 S O u th rp e l r u s c apital accounts _.__ 1 _ , 4 46 3 5 0 _ 4 2 4 2 4 2 000 ±±± 333 111 555 444 777 444 ___ 1111 7777 8888 1111 1111 2222 0000 0000 1111 ____________ ____ 7777 2222 4444 7777 ________ 11112222 1111 2222 4444 11119999 5555 2222 9999 4444 UUUU 0000 555111 888 666 111 888 999 11 55 00 77 88 2244 33 11 22 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 206.032 10,949 63.535 7777,,,,333300009999 11111111,,,,888844445555 11118888,,,,444411112222 7777,,,,000088885555 22226666,,,,777777778888 6666,,,,333366660000 3,090 10,147 12,940 27,582 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 189.455 1111,,331155 5555,,663399 88,,442277 ..1111..221177 1166,,222200 66,,777722 2255,,221100 66,,007744 22,,770011 1100,,777744 1122,,006644 23,042 Less-Held by F.R. Banks 27.428 11,,664433 55,,223333 22,,441133 11,,007711 11,,993300 22,,664455 22,,009999 11,,111133 774411 33,,005555 11,,999900 3,495 F.R. notes, net 162,027 " 99,,667722 5500,,440066 "" ""66,,001144 1100,,114466 1144,,229900 44,,112277 2233,,111111 44,,996611 """" 11,,996600 77,,771199 1100,,007744 19,547 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 146,311 Total collateral 162,027 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis