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 October 4, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss OOccttoobbeerr 33,, September 26, October 5, OOccttoobbeerr 33,, 11998844 1983 11998844 IQftA Reserve Bank credit: 1< 2 181,147 + 197 + 8,293 179,356 U.S. government securities- Bought outright—system account 153,866 178 + 7,470 152,435 Held under repurchase agreements - 2,062 - 6,292 Federal agency obligations- Bought outright 8,493 244 8,493 Held under repurchase agreements 231 438 Acceptances- Bought outright Held under repurchase agreements 558 Loans to depository institutions 6,173 723 + 4,760 5,711 Includes: seasonal borrowing of 333 16 + 172 298 extended credit of 4,878 1,222 + 4,339 5,095 Float 499 + 612 339 578 Other F.R. assets 12,116 + 2,779 + 3,934 12,139 Gold stock 11,097 31 11,097 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,282 + 15 + 710 16,295 Total factors supplying reserve funds 213,144 + 212 + 8,972 211,366 Currency in circulation* 175,673 + 291 + 12,560 176,345 Treasury cash holdings* 465 5 465 Deposits, other than reserve balances, with F.R. Banks: Treasury 7,742 668 - 4,584 5,396 Foreign 231 5 25 250 Service-related balances and adjustments 3 1,452 + 99 + 334 1,139 Other 423 9 51 431 Other F.R. liabilities and capital 6,066 254 + 328 5,796 Total factors, other than reserve balances, absorbing reserve funds 192,053 546 + 8,558 189,822 Reserve balances with F.R. Banks 4 21,092 + 758 + 418 21,544 On October 3, 1984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official t and international accounts were $H&,671 million, an increase of $835 million for the week. 1 Net of $ 2,457 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,457 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,432 miHion matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,432 million was with foreign official and international accounts. Includes $ 216 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,139 million and adjustments of $ 313 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, October 3, 1984 September 26, 1984 October 5, 1983 ASSETS Gold certificate account 11,097 31 Special Drawing Rights certificate account 4,618 — Coin 487 + 10 + 36 Loans 5,711 + 925 + 4,326 Acceptances— Held under repurchase agreements 20 Federal agency obligations- Bought outright 8,493 — - 244 Held under repurchase agreements i — - 26 - 247 U.S. government securities: Bought outright—Bills 66,204 _ 745 + 2,688 Notes 64,194 - 300 + 1.150 Bonds 2222,,003377 — ++ 1,808 Total bought outright^ 115522,,443355 __-- 1,045 ++ '' 5,646 Held under repurchase agreements1 — 268 2,739 Total U.S. government securities 115522,,443355 --- [[[ 11,,331133 +++ ''' 2,907 Total loans and securities 116666,,663399 441144 +++ """ 6,722 Cash items in process of collection (2,338) 8,078 + 1,378 - 1,110 Bank premises 564 — + 12 Other assets 3 1111,,557755 380 +++ 3,994 TOTAL ASSETS (2,338) 220033,,005588 +++ """ 594 +++ 9,623 LIABILITIES Federal Reserve notes 161,002 +++ 898 +++ 11,831 Deposits: Depository institutions 22,683 + 2,338 + 1,802 U.S. Treasury—general account 5,396 - 3,418 - 4,298 Foreign—official accounts 250 + 54 + 56 Other 431 + 29 + 45 Total deposits 28,760 - 997 - 2,395 Deferred availability cash items (2,338) 7,500 + 965 - 84 Other liabilities and accrued dividends4 2,512 - 71 + 264 TOTAL LIABILITIES (2,338) 199,774 + 795 + 9,616 CAPITAL ACCOUNTS Capital paid in 1,601 + 35 + 154 Surplus 1,465 — + 106 Other capital accounts 218 - 236 - 253 Figures in parentheses are the eliminations made in the consolidating process. 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. Net of $ 3,432million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 216 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 64 million in Treasury bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 3, 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 5,540 6,792 - 1,431 104 -156 16 days to 90 days 171 33,744 + 2.310 558 + 68 91 days to 1 year 43,967 - 1,988 1,856 + 62 Over 1 year to 5 years 33,756 204 4.310 Over 5 years to 10 years 14,808 1,266 Over 10 years 19,368 399 Total 5,711 152,435 1,313 8.493 26 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 October 3, 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 11,097 599 3,358 515 617 969 360 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 487 24 22 22 38 60 59 27 31 17 44 37 106 Loans 5,711 8 15 34 11 29 21 5,167 79 41 230 64 12 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 66,204 3,332 22,225 2,224 3,666 5,517 1,573 9,038 1,900 891 3,155 4,194 8,489 Certificates: Special Other Notes 64,194 3,231 21,551 2,157 3,554 5,350 1,525 8,764 1,841 864 3,060 4,067 8,230 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 2 152,435 7,672 51,174 5,121 8,440 12,704 3,621 20,811 4,373 2,052 7,265 9,657 19,545 Held under repurchase agreements 1 — — — ~ — — — — -- __ — — — Total U.S. government securities 152,435 7,672 51,174 5,121 8,440 12,704 3,621 20,811 4,373 2,052 7,265 9,657 19,545 Total loans and securities 166,639 8,107 54,040 5,440 8,921 13,441 3,844 27,138 4,696 2,207 7,900 10,259 20,646 Cash items in process of collection 10,416 343 892 358 364 2,316 908 908 615 419 1,400 523 1,370 Bank premises 564 95 25 49 27 104 38 21 16 26 32 18 113 Other assets 3 11,575 280 2,188 294 433 472 433 4,503 206 181 332 1,233 1,020 Interdistrict settlement account -0- + 1,113 + 3,020 + 62 + 816 + 698 + 1,197 - 8,426 + 37 222 508 + 253 + 1,960 TOTAL ASSETS 205,396 10,802 64,880 6,965 11,518 18,468 7,000 26,327 6,128 2,849 10,049 13,359 27,051 1 LD/UoCeSs InIUoIt iiinicLliuuduce UKJ..XSJ.. gyvojvveeir mnmuceinnt, cauniud fIeCdUeCrIOaIl aagtfceinrcc*yy saeccvuuir iutiiecas irnesuoiuld uui nder matched sale-purchase transactions to foreign official and international accounts, of which $$ --00-- mmiilllliioonn wwaass oouuttssttaannddiinnga aatt tthhee eenndd ooff tthhee llaatteesstt ssttaatteemmeenntt wweeeekk . 2 Net of $ 3,432 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 216 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 $ 64 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 October 3, 1984 Millions or aoiiars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 161,002 9,283 49,737 5,776 9,909 14,617 4,256 22,710 4,841 1,935 7,664 10,380 19,894 Deposits: Depository institutions 22,683 948 6,572 622 912 1,154 1,647 2,083 569 347 723 2,012 5,094 U.S. Treasury-general account 5,396 5,396 Foreign-official accounts 250 4 137 7 10 8 12 20 4 5 7 25 Other 431 1 300 1 37 1 85 2 2 2 Total deposits 28,760 953 12,405 629 • 923 1,199 1,660 2,188 573 352 732 2.025 5,121 Deferred availability cash items 9,838 342 1,062 315 338 2,274 768 624 555 419 1,385 540 1,216 Other liabilities and accrued dividends * 2,512 125 836 86 140 206 65 350 72 36 119 157 320 TOTAL LIABILITIES 202,112 10,703 64,040 6,806 11.310 18,296 6,749 25,872 6,041 2,742 9,900 13.102 26,551 CAPITAL ACCOUNTS Capital paid in 1.601 45 393 80 104 79 129 227 42 55 72 126 249 Surplus 1.465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 218 14 90 8 3 19 36 5 1 9 23 10 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 205,396 10,802 64,880 6,965 11,518 18,468 7,000 26,327 6,128 2,849 10,049 13,359 27,051 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 190,478 11,294 55,335 8,375 11,022 16,553 7,084 24,975 5,990 2,689 10,672 12,700 23,789 Less-Held by F.R. Banks 29,476 2,011 5,598 2,599 1,113 1,936 2,828 2,265 1,149 754 3,008 2,320 3,895 F.R. notes, net 161,002 99,,228833 4499,,773377 55,,777766 99,,990099 1144,,661177 44,,225566 2222,,771100 44,,884411 11,,993355 77,,666644 1100,,338800 19,894 Collateral held against F.R. notes: Gold certificate account 11,097 Special Drawing Rights certif. acct. ! 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 145,287 Total collateral 161,002 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