H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE '•?f<^55?? 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 September 20, 1984 Averages of"dally' figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy IInnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd 1 Change from week ended 1 Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss SSeepptteemmbbeerr 1199 September 12, September 21, September 19, 1984 Reserve Bank credit: 1» 2 178,956 + 659 ! + 9,851 ! 182,600 U.S. government securities- Bought outright—system account 152,579 + 384 + 6,774 152,332 Held under repurchase agreements 1,071 + 208 - 2,219 4,298 Federal agency obligations- Bought outright 8,493 1 244 8,493 Held under repurchase agreements 186 + 58 62 549 Acceptances- Bought outright Held under repurchase agreements 61 Loans to depository institutions 7,323 180 + 5,226 7,683 Includes: seasonal borrowing of 307 + 2 + 121 314 extended credit of 6,637 177 + 6,117 6,693 Float 813 + 109 153 465 Other F.R. assets 8,491 + 81 + 590 8,780 Gold stock 11,098 30 11,098 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,252 + 15 + 707 16,265 Total factors supplying reserve funds 210,924 + 673 + 10,528 ; 214,581 Currency in circulation* 176,590 922 + 13,289 176,152 Treasury cash holdings* 465 1 9 465 Deposits, other than reserve balances, with F.R. Banks: Treasury 5,602 + 1,669 | - 1,573 11,710 Foreign 252 + 42 ! + 45 261 Service-related balances and adjustments 3 1,346 ! + 88 + 234 1,155 Other 580 j + 85 25 490 Other F.R. liabilities and capital 6,269 73 i + 652 6,213 Total factors, other than reserve balances, 1 absorbing reserve funds 191,104 + 889 + 12,614 196,446 Reserve balances with F.R. Banks 4 19,820 216 1 2,087 18,135 On September 19, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 119,244 million, an increase of $ 577 million for the week. 1 Net of $ 2,665 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,665 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,097 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,097 million was with foreign official and international accounts. Includes $ 151 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,155 million and adjustments of $ 191 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 September 19, 1984 Sept, 12, 1984 Sept. 21, 1983 ASSETS Gold certificate account 11,098 «.-. - 30 Special Drawing Rights certificate account 4,618 — Coin 464 + 13 + 31 Loans 7,683 + 274 + 866 Acceptances- Held under repurchase agreements 9 Federal agency obligations- Bought outright 8,493 _ 244 Held under repurchase agreements1 549 + 549 + 288 U.S. government securities: Bought outright—Bills 66,401 «. 1,604 + 750 Notes 63,894 + 850 BBoonnddss 22,037 — + 1,808 TToottaall bboouugghhtt oouuttrriigghhtt** 152,332 T" 1,604 + 3,408 Held under repurchase agreements1 4,298 + 4,298 +_3 ,720 Total U.S. government securities 156,630 + 2,694 4_ 7,128 Total loans and securities 173,355 + 3,517 + "8,029 Cash items in process of collection (4,073) 6,090 3,003 2,558 Bank premises 563 + 8 + 10 Other assets 3 8,217 + 265 + 766 TOTAL ASSETS (4,073) 204,405 + 800 + "6,248 LIABILITIES Federal Reserve notes 160,816 - 1,211 +12,562 Deposits: Depository institutions 19,290 - 4,445 - 4,486 U.S. Treasury—general account 11,710 + 8,189 - 1,096 Foreign—official accounts 261 + 63 + 75 Other 490 + 83 +_ 45 Total deposits 31,751 + 3,890 - "5,462 Deferred availability cash items (4,073) 5,625 - 2,012 - 1,603 Other liabilities and accrued dividends* 2,753 +_ 128 + 463 TOTAL LIABILITIES (4,073) 200,945 + 795 + 5,960 CAPITAL ACCOUNTS Capital paid in 1,563 + 3 + 124 Surplus 1,465 — + 106 Other capital accounts 432 + 2 + 58 * 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 $ 3,097 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 151 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 $ 63 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 19, 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 7,651 — 12,499 +5,010 709 +684 16 days to 90 days 32 — 30,279 -2,444 589 -135 91 days to 1 year — — 45,716 + 128 1,736 — Over 1 year to 5 years — — 33,960 — 4,343 — Over 5 years to 10 years — — 14,808 — 1,266 — Over 10 years ~ — 19,368 ~ 399 — Total 7,683 156,630 +2,694 9,042 +549 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 19, 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 464 22 19 20 36 58 56 25 31 16 43 34 104 Loans 7,683 13 17 31 4 84 38 6,827 85 138 152 26 268 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 1 549 — 549 — — — — — — — — — — U.S. government securities: Bought outright-Bills 66,401 3,342 22,292 2,231 3,676 5,534 1,578 9,065 1,905 894 3,164 4,206 8,514 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 2 152,332 7,667 51,140 5,117 8,434 12,696 3,619 20,797 4,370 2,051 7,259 9,650 19,532 Held under repurchase agreements 1 4,298 — 4,298 — — — — __ — — — — Total U.S. government securities 156,630 7,667 55,438 5,117 8,434 12,696 3,619 20,797 4,370 2,051 7,259 9,650 19,532 Total loans and securities 173,355 8,107 58,855 5,433 8,908 13,488 3,859 28,784 4,699 2,303 7,816 10,214 20,889 Cash items in process of collection 10,163 322 888 479 359 2,271 685 712 708 412 1,240 548 1,539 Bank premises 563 95 25 49 27 104 38 21 16 26 32 18 112 Other assets 3 8,217 275 2,237 305 439 472 445 1,023 206 184 338 1,248 1,045 Interdistrict settlement account -0- +1,174 +3,599 + 110 + 691 + 346 + 637 -6,079 - 143 - 210 - 498 73 + 446 TOTAL ASSETS 208,478 10,835 70,317 7,136 11,379 18,116 6,241 26,642 6,044 2,952 9,820 13,025 25,971 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 $ 3,097 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 151 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 $ 63 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 19, 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 160,816 9,542 50,279 5,837 10,014 14,234 3,793 23,061 4,810 1,956 7,641 10,202 19,447 Deposits: Depository institutions 19,290 721 5,044 606 646 1,181 1,412 2,086 458 422 680 1,824 4,210 U.S. Treasury-general account 11,710 11,710 Foreign-official accounts 261 4 148 7 10 8 12 20 4 5 7 11 25 Other 490 367 1 42 1 73 1 3 1 1 Total deposits 31,751 725 17,269 613 657 1,231 1,425 2,179 463 427 690 1,836 4,236 Deferred availability cash items 9,698 335 849 430 340 2,252 692 597 604 420. 1,207 557 1,415 Other liabilities and accrued dividends 1 2,753 129 1,025 89 143 212 65 357 74 38 123 162 336 TOTAL LIABILITIES 205,018 10,731 69,422 6,969 11,154 17,929 5,975 26,194 5,951 2,841 9,661 12,757 25,434 CAPITAL ACCOUNTS Capital paid in 1,563 44 393 79 104 78 130 195 42 54 72 123 249 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 432 20 145 17 20 35 14 61 11 6 19 37 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 208,478 10,835 70.317 7.136 11,379 18,116 6,241 26,642 6,044 2,952 9,820 13,025 25,971 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 189,866 11,369 55,684 8,381 11,186 16,289 6,529 25,302 6.068 2,733 10,764 12,326 23,235 Less-Held by F.R. Banks 29,050 1,827 #,405 2,544 1,172 2,055 2,736 2,241 1.258 777 3,123 2,124 3,788 F.R. notes, net 160,816 99,,554422 5500,,227799 55,,883377 1100,,001144 "" 1144,,223344 33..779933 2233,,006611 44..881100 11,,995566 77,,664411 1100,,220022 19,447 Collateral held against F.R. notes: Gold certificate account 11,098 Special Drawing Rights cert if. aoct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 145,100 Total collateral 160,816 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