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 November 8, 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 N 19 o 8 v 4 em ber 7, ?§ogber31» N IQ ov ft < a mber 9, N IQ o f v tA e mber 7, Reserve Bank credit: 1« 2 179,406 + 3,255 . + 13,662 184,044 U.S. government securities- Bought outright—system account 150,110 + 653 + 5,313 150,262 Held under repurchase agreements 2,336 + 2,336 + 2,336 358 Federal agency obligations- Bought outright 8,479 — - 252 8,479 Held under repurchase agreements 146 + 146 + 146 25 Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 5,561 + 374 + 4,519 12,193 Includes: seasonal borrowing of 222 85 + 99 207 extended credit of 3,880 607 + 3,877 4,388 Float 225 344 - 1,838 142 Other F.R. assets 12,549 + 91 + 3,438 12,585 Gold stock 11,096 - 27 11,096 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,305 + 12 + 670 16,315 Total factors supplying reserve funds 211,425 + 3,267 + 14,305 216,073 Currency in circulation** 177,009 + 1,145 + 11,019 177,875 Treasury cash holdings** 480 + 5 + 1 484 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,191 612 + 284 4,176 Foreign 237 -f 21 245 Service-related balances and adjustments 3 1,817 89 + 641 1,133 Other 606 + 320 — 9 561 Other F.R. liabilities and capital 6,379 + 207 + 723 6,063 Total factors, other than reserve balances, absorbing reserve funds 189,718 + 975 + 12,679 190,537 Reserye balances with F.R. Banks 4 1 21,708 + 2,294 + 1.627 25»7 f On November 7, 1984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official f and international accounts were $ 118,367 million, a decreaseOf $8 66 million for the week. 1 Net of $ 3,426 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,426 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,288 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,288 million was with foreign official and international accounts. Includes $ 515 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,133 million and adjustments of $ 684 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Kansas City 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 Wedn esday, Wednesday, Kovpmhpr 7, 1QR4 October 31. 1984 November 9, 1983 ASSETS Gold certificate account %$*, 11,096 — - 27 Special Drawing Rights certificate account 4,618 — — Coin 481 - 4 + 26 Loans 12,193 + 7,133 + 7,832 Acceptances- Held under repurchase agreements — Federal agency obligations- Bought outright 8,479 — - 252 Held under repurchase agreements 1 25 + 25 + 25 U.S. government securities: Bought outright—Bills 63,731 + 2,042 + 6,072 Notes 64,494 — + J,450 Bonds 2222,,003377 — ++ 1,808 Total bought outright2 115500,,226622 ++ 2,042 ++ 9,330 Held under repurchase agreements1 358 + 358 + 358 Total U.S. government securities 150,620 + 2,400 + 9,688 Total loans and securities 171,317 + 9,558 + 17,293 Cash items in process of collection (1,295) 6,607 - 413 - 2,826 Bank premises 565 — + 12 Other assets3 12,020 + 110 + 3,453 TOTAL ASSETS ((11,,229955)) 206,704 ++ 9,251 ++ 17,931 LIABILITIES Federal Reserve notes 162,524 + 1,552 + 10,125 Deposits: Depository institutions 26,670 + 6,930 + 7,453 U.S. Treasury—general account 4,176 + 385 + 172 Foreign—official accounts 245 «. 25 + 6 Other 561 •f 240 + 7 Total deposits 31,652 + 7,530 + 7,638 Deferred availability cash items (1,295) 6,465 + 103 _ 7 Other liabilities and accrued dividends4 2,518 + 85 _ 159 TOTAL LIABILITIES (1,295) 203,159 + 9,270 + 17,597 CAPITAL ACCOUNTS Capital paid in 1,614 + 3 + 162 Surplus 1,465 + 106 Other capital accounts .. .. 466 - 22 + 66 * 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 $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 3,288 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 515 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 $ 67 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. * Estimated (Kansas City District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, November 7, 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 12,081 — 5,632 40 115 ' 59 16 days to 90 days 112 — 31,552 + 1,681 640 + 80 91 days to 1 year — — 45,570 + 759 1,760 + 4 Over 1 year to 5 years — — 33,690 — 4,358 — Over 5 years to 10 years — — 14,808 — 1,232 — Over 10 years — — 19,368 — 399 — Total 12,193 150,620 + 2,400 8,504 25 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 November 7, 1984 Millions of dollars Kansas* San TToottaall Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 1111,,009966 599 3,357 515 617 969 360 1,510 357 160 608 726 1,318 Special Drawing Rights eertif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 481 27 22 19 38 62 56 27 25 17 45 37 106 Loans 12,193 288 4,522 52 201 139 66 4,804 41 183 262 156 1,479 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 25 25 U.S. government securities: Bought outright-Bills 63,731 3,207 21,396 2,14! 3,529 5,311 1,514 8,700 1,829 858 3,037 4,037 8,172 Certificates: Special Other Notes 64,494 3,246 21,651 2,167 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 2 150,262 7,562 50,445 5,048 8,320 12,523 3,569 20,514 4,311 2 ,023 7,161 9,519 19,267 Held under repurchase agreements 1 358 — 358 — — — — — — — — — Total U.S. government securities 150,620 7,562 50,803 5,048 8,320 12,523 3,569 20,514 4,311 2 ,023 7,161 9,519 19,267 Total loans and securities 171,317 8,277 58,197 5,385 8,990 13,369 3,836 26,476 4,595 2 ,320 7,827 10,212 21,833 Cash items in process of collection 7,844 326 629 348 327 630 648 611 559 400 1,362 626 1,378 Bank premises 565 95 25 49 27 103 38 21 16 26 33 18 114 Other assets 3 12,020 313 2,232 325 487 538 450 4,756 229 193 373 987 1,137 Interdistrict settlement account -0- + 1,419 - 1,228 + 650 -f 1,205 + 1,482 + 1,843 - 6,932 + 57 - 42 + 302 + 605 + 639 TOTAL ASSETS 207,941 11,297 64,569 7,516 11,993 17,561 7,392 27,115 6,008 3 ,135 10,791 13,521 27,043 1 Does not include US, 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 $ 3,288 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 515 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 $ 67 million in Treasury Bills maturing within 90 days. * Estimated (Kansas City 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 0N November 7, 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 162,524 9,566 49,799 5,792 10,306 14,937 4,364 23,250 4,746 1,967 8,008 10,143 19,646 Deposits: Depository institutions 26,670 1,113 7,449 1,105 1,000 1,839 2,078 2,121 627 531 1,076 . 2,370 5,361 U.S. Treasury—general account 4,176 4,176 Foreign—official accounts 245 132 7 10 8 12 20 4 5 7 11 25 Other 561 1 442 1 32 1 76 1 2 3 2 Total deposits 31,652 1,118 12,199 1,112 1,011 1,879 2,091 2,217 631 537 1,085 2,384 5,388 Deferred availability cash items 7,702 386 841 358 293 361 594 790 465 482 1,421 564 1,147 Other liabilities and accrued dividends1 2,518 122 837 84 158 202 68 349 71 37 117 154 319 TOTAL LIABILITIES 204,396 11,192 63,676 7,346 11,768 17,379 7,117 26,606 5,913 3,023 10,631 13,245 26,500 CAPITAL ACCOUNTS Capital paid in 1,614 45 395 80 104 79 134 227 43 54 73 128 252 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 466 20 141 19 20 29 19 90 12 7 19 40 50 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 207,941 11,297 64,569 7,516 11,993 17,561 7,392 27,115 6,008 3,135 10,791 13,521 27,043 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 192,142 11,639 55,805 8,141 11,273 16,900 7,344 25,499 6,029 2,668 10,940 12,509 23,395 Less-Held by F.R. Banks 29,618 2,073 6,006 2,349 967 1,963 2,980 2,249 1,283 701 2,932 2,366 3,749 F. R. notes, net v 162,524 99,,556666 4499,,779999 55,,779922 1100,,330066 1144,,993377 44,,336644 2233..225500 44,,774466 11,,996677 88,,000088 1100,,114433 19,646 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 146,810 Total collateral 162,524 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Kansas City District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis