H.4.1 Factors Affecting Reserve Balances of Depository Institutions

; o^ cov. 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 25, 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 ocm%i 24» 0ctm 17» 1O ctober Zb, October 24, 1983 1984* Reserve Bank credit: 1> 2 175,155 - 2,717 + 6,115 173,495 U.S. government securities- Bought outright—system account 148,166 667 + 687 147,877 Held under repurchase agreements — — - 1,687 — Federal agency obligations- Bought outright 8,479 3 - 252 8,479 Held under repurchase agreements — — - 161 — Acceptances- Bought outright — — — — Held under repurchase agreements — — - 110 — Loans to depository institutions 5,645 1,177 + 5,080 5,164 Includes: seasonal borrowing of 317 + 24 + 173 321 extended credit of 4,955 951 + 4,950 4,273 Float 666 773 - 531 602 Other F.R. assets 12,200 97 + 3,091 12,577 Gold stock 11,097 — - 30 11,096 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,281 + 12 + 671 16,291 Total factors supplying reserve funds 207,150 2,706 + 6,755 205,500 Currency in circulation** 176,392 857 + 12,043 176,127 Treasury cash holdings** 475 _._ — 475 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,136 566 - 2,693 2,971 Foreign 213 3 + 5 194 Service-related balances and adjustments 3 l395 + 46 + 136 1,142 s Other 287 68 - 360 275 Other F.R. liabilities and capital 6,228 _Z _79 + 631 6,037 Total factors, other than reserve balances, absorbing reserve funds 188,127 1,525 + 9,763 187,221 Reserve balances with F.R. Banks 4 19,024 1,180 - 3,004 18,279 On October 24, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 119,058 million, an increase of $3,951 million for the week. 1 Net of $ 5,061 million, daily average, matched safe-purchase transactions outstanding during the latest statement week, of which a net of $ 3,303 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,150 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,125 million was with foreign official and international accounts. Includes $ 302 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $1,142 million and adjustments of $ 253 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Cleveland District). ** 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 24, 1984 October 17, 1984 October 26, 1983 ASSETS Gold certificate account 11,096 1 - 30 Special Drawing Rights certificate account 4,618 — — Coin 490 + 5 + 25 Loans 5,164 - 1,261 + 3,659 Acceptances- Held under repurchase agreements — — Federal agency obligations— Bought outright 8,479 — - 252 Held under repurchase agreements'! — — — U.S. government securities: Bought outright—Bills 61,646 - 2,542 - 2,353 Notes 64,194 — + 1,150 Bonds 2222,,003377 — ++ 1,808 Total bought outright2 114477,,887777 - 2,542 ++ 605 Held under repurchase agreements1 — — Total U.S. government securities 147,877 - 2,542 + 605 Total loans and securities 161,520 - 3,803 + 4,012 Cash items in process of collection (1,943) 5,199 - 4,231 - 2,377 Bank premises 566 + 1 + 13 Other assets 3 12,011 + 375 + 3,308 TOTAL ASSETS ((11,,994433)) 195,500 - 7,654 ++ 4,951 LIABILITIES Federal Reserve notes 160,801 - 949 + 11,164 Deposits: Depository institutions 19,421 - 3,258 - 3,846 U.S. Treasury—general account 2,971 - 1,217 - 1,653 Foreign—official accounts 194 65 - 52 Other ( 817) 275 43 - 368 Total deposits ( 817) 22,861 - 4,583 - 5,919 Deferred availability cash items (1,126) 5,801 - 2,049 - 959 Other liabilities and accrued dividends4 2,492 81 + 299 TOTAL LIABILITIES (1,126) 191,955 - 7,662 + 4,585 CAPITAL ACCOUNTS Capital paid in 1,608 + 1 + 158 Surplus 1,465 — + 106 Other capital accounts 472 + 7 + 102 * 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 $ 5,150 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 302 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 $ 64million 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. **Estimated (Cleveland District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 24, 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 5,101 4,285 + 88 104 25 16 days to 90 days 63 30,882 - 2,563 641 + 25 91 days to 1 year 44,778 67 1,750 + 66 Over 1 year to 5 years 33,756 4,353 46 Over 5 years to 10 years 14,808 1,232 20 Over 10 years 19,368 399 Total 5,164 147i877 2,542 8,479 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 24, 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 11,096 599 3,357 515 617 969 360 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 490 27 23 21 40 61 58 29 26 17 45 37 106 Loans 5,164 5 401 12 2 48 30 4,289 57 39 196 70 15 Acceptances held under repurchase agreements — — __ — — — — — ~ — — — ~ Federal agency obligations: Bought outright 8,479 427 2,847 285 469 707 201 1,158 243 114 404 537 1,087 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 61,646 3,102 20,695 2,071 3,414 5,137 1,465 8,416 1,769 830 2,937 3,905 7,905 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 2 147,877 7,442 49,644 4,968 8,188 12,324 3,513 20,189 4,242 1,991 7,047 9,368 18,961 Held under repurchase agreements 1 Total U.S. government securities 147,877 7,442 49,644 4,968 8,188 12,324 3,513 20,189 4,242 1,991 7,047 9,368 18,961 Total loans and securities 161,520 7,874 52,892 5,265 8,659 13,079 3,744 25,636 4,542 2,144 7,647 9,975 20,063 Cash items in process of collection 7,142 327 810 266 96 344 632 619 546 392 1,108 833 1,169 BBBaaannnkkk ppprrreeemmmiiissseeesss 566 95 25 49 28 104 38 21 16 26 33 18 113 OOOttthhheeerrr aaasssssseeetttsss 333 12,011 297 2,298 315 487 510 435 4,600 221 189 358 967 1,334 IIInnnttteeerrrdddiiissstttrrriiicccttt ssseeettttttllleeemmmeeennnttt aaaccccccooouuunnnttt -0- + 1,273 - 443 + 257 + 1,900 + 1,505 + 930 - 6,414 + 5 + 207 + 224 + 553 + 3 TTTOOOTTTAAALLL AAASSSSSSEEETTTSSS 197,443 10,733 60,297 6,913 12,129 16,980 6,358 26,647 5,883 3,196 10,264 13,419 24,624 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 $ 5,150 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 302 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. Estimated (Cleveland District). 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 24, 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 160,801 9,177 49,880 5,636 10,014 14,876 3,806 23,149 4,694 1,940 7,917 10,178 19,534 Deposits: Depository institutions 19,421 1,005 4,598 721 900 1,363 1,585 1,962 523 402 962 2,235 3,165 U.S. Treasury—general account 2,971 — 2,971 — — — — — — — — — Foreign-official accounts 194 4 81 7 10 8 12 20 4 5 7 11 25 Other 1,092 1 173 — 501 21 1 74 __ 317 2 1 1 Total deposits 23,678 1,010 7,823 728 1,411 1,392 1,598 2,056 527 724 971 2,247 3,191 Deferred availability cash items 6,927 317 874 293 338 325 616 581 497 381 1,098 561 1,046 Other liabi ities and accrued dividends 1 2,492 124 826 87 140 203 65 346 71 37 118 158 317 TOTAL LIABILITIES 193,898 10,628 59,403 6,744 11,903 16,796 6,085 26,132 5,789 3,082 10,104 13,144 24,088 CAPITAL ACCOUNTS Capital paid in 1,608 45 393 80 104 79 133 227 43 55 73 127 249 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 472 20 144 18 21 31 18 96 11 8 19 40 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 197,443 10,733 60,297 6,913 12,129 16,980 6,358 26,647 5,883 3,196 10,264 13,419 24,624 FEDERAL~RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 191,730 11,306 56,031 8,234 11,143 16,933 6,878 25,501 6,072 2,662 10,954 12,586 23,430 Less-Held by F.R. Banks 30,929 2,129 6,151 2,598 1,129 2,057 3,072 2,352 1,378 722 3,037 2,408 3,896 F.R. notes, net 160,801 9,177 49,880 5,636 10,014 14,876 3,806 23,149 4,694 1,940 7,917 10,178 19,534 Collateral held against F.R. notes: Gold certificate account 11,096 Special Drawing Rights certif. acct. 4,618 Other eligible assets - 0 - U.S. govt, and agency securities 145,087 Total collateral 160,801 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Cleveland District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis