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 For Release 4:30 p.m. Eastern Time October 11, 1984 Averages of daily figures (m illions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, Week ended Change from week ended WWeeddnneessddaayy RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss October 10, October 3, October 12, OOccttoobbeerr 1100,, 1984 1984 1983 1984 Reserve Bank credit: 1> 2 178,365 - 2,782 + 8,289 178,558 U.S. government securities- Bought outright—system account 150,966 2,900 + 2,696 147,432 Held under repurchase agreements — — - 2,089 — Federal agency obligations- Bought outright 8,492 1 - 244 8,484 Held under repurchase agreements — — - 280 — Acceptances- Bought outright — — — — Held under repurchase agreements — — - 11 — Loans to depository institutions 6,157 16 + 4,886 5,809 Includes: seasonal borrowing of 296 37 + 157 291 extended credit of 5,416 + 538 + 4,771 5,229 Float 632 + 133 - 639 4,408 Other F.R. assets 12,119 + 3 + 3,971 12,425 Gold stock 11,097 — - 31 11,097 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,297 + 15 + 713 16,310 Total factors supplying reserve funds 210,377 - 2,767 + 8,971 210,583 Currency in circulation* 177,071 + 1,398 + 12,422 177,822 Treasury cash holdings* 474 + 9 - 1 475 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,642 - 3,100 - 3,986 3,144 Foreign 229 2 + 41 246 Service-related balances and adjustments 3 1,428 24 + 302 1,139 Other 405 18 - 241 429 Other F.R. liabilities and capital 6,155 + 89 _±_ 358 6,146 Total factors, other than reserve balances, absorbing reserve funds 190,403 1,650 + 8,895 189,401 Reserve balances with F.R. Banks 4 19,974 1,118 + 77 21,182 On October 10, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 116,909 million, an increase of $238 million for the week. 1 Net of $ 3,826 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,045 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 7,356 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,119 million was with foreign official and international accounts. Includes $ 228 million securities loaned—fully secured by ' U.S. government securities. 3 Consists of required clearing balances of $ 1,139 million and adjustments of $ 289 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 Wednesday Wednesday, Wednesday, October 10, 1984 October 3, 1984 October 12, 1983 ASSETS Gold certificate account 11,097 31 Special Drawing Rights certificate account 4,618 Coin 482 5 + 29 Loans 5,809 98 + 3,413 Acceptances- Held under repurchase agreements Federal agency obligations- 8,484 250 Bought outright Held under repurchase agreements1 U.S. government securities: 61,201 - 5,003 - 4,125 Bought outright—Bills 64,194 — + 1,150 Notes 22,037 — ++ 1,808 Bonds 147,432 __ 5,003 1,167 Total bought outright2 — — — Held under repurchase agreements'! 147,432 __ 5.003 __ 1,167 Total U.S. government securities 161,725 - 4,914 + 1,996 Total loans and securities (2,400) 13,416 + 5,338 + 26 Cash items in process of collection 564 — + 12 Bank premises 11,861 + 286 + 3,932 Other assets 3 (2,400) 203,763 + 705 + 5,964 TOTAL ASSETS LIABILITIES Federal Reserve notes 162,469 + 1,467 11,719 Deposits: Depository institutions 22,321 - 362 - 1,487 U.S. Treasury—general account 3,144 - 2 ,252 - 4,007 Foreign—official accounts 246 - 4 + 64 Other 429 - 2 - 235 Total deposits 26,140 - T rraj - 5,665 Deferred availability cash items (2,400) 9,008 + 1 ,508 - 741 Other liabilities and accrued dividends4 2,616 + 104 + 351 TOTAL LIABILITIES (2,400) + "53? + 5,664 200,233 CAPITAL ACCOUNTS Capital paid in 1,604 + 3 + 156 Surplus 1,465 — + 106 Other capital accounts 461 + 243 + 38 * 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 $ 7,356 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 228 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. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 10, 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 5,635 3,268 - 3,524 50 _ 54 16 days to 90 days 174 30,888 - 2,856 650 + 92 91 days to 1 year 45,344 + 1,377 1,734 _ 122 Over 1 year to 5 years 33,756 «.«. 4,399 + 89 Over 5 years to 10 years —-. 14,808 «... 1,252 «. 14 Over 10 years — 1199,,336688 — 339999 Total 5,809 114477,,443322 - 5,003 88,,448844 9 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 10, 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 482 26 21 21 38 60 59 28 26 17 44 37 105 Loans 5,809 8 10 27 4 49 14 5,296 54 54 233 48 12 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 8,484 427 2,848 285 470 707 202 1,158 243 114 404 538 1,088 Held under repurchase agreements 1 — — — — — — — — — — — — — U.S. government securities: Bought outright—Bills 61,201 3,080 20,546 2,056 3,389 5,100 1,454 8,355 1,756 824 2,916 3,877 7,848 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 2 147,432 7,420 49,495 4,953 8,163 12,287 3,502 20,128 4,229 1 ,985 7,026 9,340 18,904 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 11 — — — — — — ~ — ~ — — -- — TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess TT7702 774TTJ WTW5 4T9~53 8,163 12,28/ 3,502 2U.128 4,229 r ,y85 /,U26 9,34U 18,y04 Total loans and securities 161,725 7,855 52,353 5,265 8,637 13,043 3,718 26,582 4,526 2 ,153 7,663 9,926 20,004 Cash items in process of collection 15,816 712 1,869 818 891 2,819 1,342 1,721 904 656 1,758 919 1,407 Bank premises 564 95 25 49 28 1C3 38 21 16 26 32 18 113 Other assets 3 11,861 286 2,218 303 443 500 439 4,574 226 221 344 1,250 1,057 Interdistrict settlement account -Q- + 843 + 1.078 + 98 + 1.087 + 1.245 + 1.320 - 8.312 + 153 _ 51 + 190 + 708 + 1.641 TOTAL ASSETS 206,163 10,657 62,257 7,294 12,043 19,147 7,437 26,770 6,378 3~, 243 10,880 13,894 26,163 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 $ 7,356 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 228 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 10, 1984 Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 162,469 9,323 50,166 5,842 10,013 14,777 4,217 23,066 4,791 1,957 7,856 10,444 20,017 Deposits: Depository institutions 22,321 686 5,554 765 1,202 1,393 2,011 1,857 659 592 1,147 2,288 4,167 U.S. Treasury—general account 3,144 3,144 Foreign—official accounts 246 4 132 7 10 8 13 20 4 5 7 11 25 Other 429 1 313 1 34 75 2 1 2 Total deposits 26,140 691 9,143 772 1,213 1,435 2,024 1,952 663 597 1,156 2,300 4,194 Deferred availability cash items 11,408 406 1,193 421 443 2,535 869 871 756 539 1,583 712 1,080 Other liabilities and accrued dividends 1 2,616 131 861 90 149 215 68 367 75 40 124 164 332 TOTAL LIABILITIES 202,633 10,551 61,363 7,125 11,818 18,962 7,178 26,256 6,285 3,133 10,719 13,620 25,623 CAPITAL ACCOUNTS Capital paid in 1,604 45 393 80 104 79 131 227 42 55 73 126 249 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 461 21 144 18 20 32 6 95 11 4 20 40 50 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 206,163 10,657 62,257 7,294 12,043 19,147 7,437 26,770 6,378 3,243 10,880 13,894 26,163 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 190,806 11,270 55,655 8,332 11,017 16,634 6,930 25,060 5,984 2,675 10,812 12,708 23,729 Less-Held by F.R. Banks 28,337 1,947 5,489 2,490 1,004 1,857 2,713 1,994 1,193 718 2,956 2,264 3,712 F.R. notes, net 162,469 99,,332233 5500,,116666 55,,884422 1100,,001133 1144,,777777 44,,221177 2233,,006666 44,,779911 11,,995577 77,,885566 1100,,444444 20,017 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 146,754 Total collateral 162,469 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