H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.•i&g&i: FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and fssrsfrv Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time November 1, 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 3311,, October 24, i "w uvem'D eT "£ , OOccttoobbeerr 3311,, 1984 1984 1983 1984 Reserve Bank credit: 1. 2 176,151 j + 1)85 +10,003 174,892 U.S. government securities- Bought outright—system account ! 149,457 i + 1,291 + 2,860 148,220 Held under repurchase agreements ! — — — Federal agency obligations- Bought outright 8,479 — - 252 8,479 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 5,187 - 458 + 4,747 5,060 Includes: seasonal borrowing of 307 10 + 179 274 extended credit of 4,487 468 + 4,482 3,539 Float 569 110 643 658 Other F.R. assets 12,458 + 260 + 3,289 12,475 Gold stock 11,096 1 30 11,096 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,293 + 12 + 671 16,303 Total factors supplying reserve funds 208,158 + wr +10,644 206,909 Currency in circulation* 175,864 528 +11327 176,315 Treasury cash holdings* 475 ~ 2 475 Deposits, other than reserve balances, with F.R. Banks: -* Treasury 3,803 + 667 - 120 3,791 Foreign 237 + 24 + 2 [ 270 Service-related balances and adjustments 3 1,900 j + 505 + 521 1 1,126 Other 286 i - i - 347 321 Other F.R. liabilities and capital 6,172 i - 56 + 534 i 5,997 Total factors, other than reserve balances, 188,737 + 610 j +11,915 188,295 absorbing reserve funds Reserve balances with F.R. Banks 4 19,420 + 385 - 1,269 [ 18,614 On October 31, 1984 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 119,233 million, an increase of $ 175 million for the week. 1 Net of $ 3,757 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,458 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,314 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,314 million was with foreign official and international accounts. Includes $307 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,126 million and adjustments of $774 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 31, 1984 October 24, 1984 November 2, 1983 ASSETS Gold certificate account 11,096 — — 30 Special Drawing Rights certificate account 4,618 —— "-~ Coin 485 - 5 + 25 Loans 5,060 - 104 + 4,326 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,479 — - 252 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 61,689 + 43 - 2,083 Notes 64,494 + 300 + 1,450 Bonds 2222,,003388 — ++ 1,808 Total bought outright2 114488,,222200 ++ "" 343 ++ 1,175 Held under repurchase agreements'1 — — — Total U.S. government securities 148,220 ++ "" W ++ 1,175 Total loans and securities 161,759 + 239 + 5,249 Cash items in process of collection (1,229) 7,020 + 1,821 - 2,117 Bank premises 565 • 1 + 12 Other assets 3 11,910 _ 101 + 3,098 TOTAL ASSETS ((11,,222299)) 197,453 ++ 11L ,953 ++ 6,237 LIABILITIES «» Federal Reserve notes 160,972 + 171 + 10,423 Deposits: Depository institutions 19,740 + 319 - 3,737 U.S. Treasury—general account 3,791 + 820 + 595 Foreign—official accounts 270 + 76 + 40 Other 321 + 46 - 278 Total deposits 24,122 + :L .261 - 3,380 Deferred availability cash items (1,229) 6,362 + 561 - 1,442 Other liabilities and accrued dividends4 2,433 - „. 59 + 288 TOTAL LIABILITIES (1,229) 193,889 + :L .934 + 5,889 CAPITAL ACCOUNTS Capital paid in 1,611 + 3 + 159 Surplus 1,465 — + 106 Other capital accounts 488 + 16 + 83 * 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 $ 5,314 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 307 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 $ 70 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 31, 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 4,973 — 5,672 + 1,387 174 + 70 16 days to 90 days 87 — 29,871 - 1,011 560 -. 81 91 days to 1 year — — 44,811 + 33 1,756 + 6 Over 1 year to 5 years — — 33,690 - 66 4,358 + 5 Over 5 years to 10 years i — 14,808 — 1,232 — Over 10 years I — -- 19,368 — 399 — Total 5,060 148,220 343 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 31, 19U4 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 485 27 23 21 39 62 57 28 25 17 44 37 105 Loans 5.060 15 809 37 3 45 14 3,550 50 128 185 61 163 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 ouinght-Bills 61,669 3,105 20,710 2,07: > 3.416 5,141 1,466 8,422 1,770 830 2,940 3,907 7,910 Certificates: Special Other Notes 64,494 3,246 21,651 2,16> i 3,571 5,375 1,532 8,805 1,850 868 3,074 4,086 8,269 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 2 148,220 7,460 49,759 4,97$ > 8,207 12,353 3,521 20,236 4,252 1,995 7,064 9.389 19,005 Held under repurchase agreements ' — -- — —. — — — — -- — — — Total U.S. government securities 148,220 7,460 49,759 4.97S > 8,207 12,353 3,521 20,236 4,252 1,995 7,064 " 9.389 T9~,005 Total loans and securities 161,759 7,902 53,415 5,30] 8,679 13,105 3,736 24,944 4.545 2,237 7,653 9.987 20,255 Cash items in process of collection 8,249 329 940 390 365 461 822 776 585 354 1,294 668 1,265 Bank premises 565 95 25 49 27 104 38 21 16 26 33 18 113 Other assets 3 11,910 308 2,317 3U » 474 518 439 4,631 221 217 359 991 1,121 Interdistrict settlement account -0- + 1,051 191 + 21J + 1,097 + 1,200 + 1,668 - 6,329 + 40 261 + 31 + 460 1,023 TOTAL ASSETS 198,682 [ 10,552 61,221 7,026 11,600 16.827 7,281 26,227 5,959 2,811 10.263 13.197 25,718 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 $ -f, million was outstanding at the end of the latest statement week. 2 Net of $ 5,314 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 307 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 $ 70 million in Treasury Bills maturing within 90 days. • Less than $500,000. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H4.1 (c) STATEMENT Ql CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 31, 1984 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co LIABILITIES D Fe e d p e o r s a i l t s R : eserve notes 160,972 9,281 49,455 5,651 10,138 14,838 4,460 22,919 4.714 1.935 7.895 10.152 19,534 Depository institutions 19,740 695 4,94a 689 731 1,177 1.794 1.651 554 302 891 2,091 44,,221177 U.S. Treasury-general account 3,791 — 3,791 — — Foreign—official accounts 270 4 156 7 10 8 13 20 4 5 7 1111 2255 OOtthh TT ee oo rr ttaall ddeeppoossiittss 2244,,11 33 22 22 22 11 ' 700 1 9,1 2 0 1 5 0 697 1 TT4422 11 11,,2200 11 44 99 11,,880088 11 11,,7755 88 11 00 558 308 1 900 2 2,106 44 44,,224433 11 Deferred availability cash items 7,591 344 958 423 358 401 677 703 523 419 1,194 509 11,,008822 Other liabilities and accrued ddiivviiddeennddss 11 22,,443333 112211 880088 8855 113355 119988 6622 337 70 36 115 152 314 TTOOTTAALL LLIIAABBIILLIITTIIEESS '' 119955,,111188 1100..444466 6600,,332266 6677885566 1111,,3377 33 1166,,664411 77 ,,000077 25,710 5.865 2,698 10,104 12,919 25,173 CAPITAL ACCOUNTS Capital paid in 1,611 45 393 80 104 79 133 227 43 54 73 128 252 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 48£ 21 _ UU55 1199 __2222__ 3333____ 1199 98 11 8 18 42 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 198,682 10,552 61,221 7,026 11,600 16,827 7,281 26,227 5.959 2.811 10.263 13,197 25,718 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 191,730 11.435 55.782 8,179 11,225 16,865 7,425 25,260 6.043 2.649 10,893 12,531 23,443 Less-Held by F.R. Banks 30,758 2,154 6,327 2,528 1,087 2,027 2,965 2,341 1,329 714 2,998 2,379 3.909 F.R. notes, net 160,972 9,281 49,455 5,651 10.138 14,838 4,460 22.919 4,714 1.935 7.895 10,152 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 145,258 Total collateral 160,972 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