H.4.1 Factors Affecting Reserve Balances of Depository Institutions

oQLCOu FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and •T«URESV Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time November 15, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss NNoovveemmbbeerr 1144,, November 7, Ngvember 16, November 14, 11998844 1984 Reserve Bank credit: 1- 2 179,595 4- 180 ~ 11,373 180,370 U.S. government securities- Bought outright—system account 152,998 -1- 2,888 1+ 5,088 153,152 Held under repurchase agreements — 2,336 — — Federal agency obligations- Bought outright 8,453 26 276 . 8,389 Held under repurchase agreements — 146 — — Acceptances- Bought outright — -- — — Held under repurchase agreements — — — — Loans to depository institutions 4,683 878 4- 3,662 4,968 Includes: seasonal borrowing of 215 7 4- 103 209 extended credit of 4,276 + 396 + 4,272 4,593 Float 701 4- 488 1,311 821 Other F.R. assets 12,760 4- 190 4- 4,209 13,040 Gold stock 11,096 — 27 11,096 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,317 4- 12 4- 670 16,327 Total factors supplying reserve funds 211,626 4- 192 4- 12,016 212,411 Currency in circulation* 178,589 4- 1,580 4- 11,094 179,162 Treasury cash holdings* 491 4- 11 4- 7 489 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,128 63 79 3,740 Foreign 266 4- 29 4- 31 191 Service-related balances and adjustments 3 1,436 381 4- 89 1,134 Other 537 69 55 494 Other F.R. liabilities and capital 6,265 114 4- 715 6,096 Total factors, other than reserve balances, absorbing reserve funds 190,711 + 993 4- 11,801 191,306 Reserve balances with F.R. Banks 4 20,915 802 4- 215 21,105 On November 14, 1984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official t and international accounts were $ 117,677 million, a decrease of $690 million for the week. 1 Net of $ 2,161 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,161 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,091 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,091 million was with foreign official and international accounts. Includes $ 402 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,134 million and adjustments of $302 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, WeeT iesday, November 14, 1984 November 7, 1984 November 16, 1983 ASSETS Gold certificate account 11,096 — - 27 Special Drawing Rights certificate account 4,618 — — Coin 480 - 1 + 25 Loans 4,968 - 7,225 + 3,434 Acceptances- — — Held under repurchase agreements Federal agency obligations- Bought outright 8,389 - 90 - 341 Held under repurchase agreements1 — - 25 — U.S. government securities: Bought outright—Bills 66,621 + 2,890 + 2,736 Notes 64,494 — + 1,884 Bonds 2222,,003377 — ++ 1,374 Total bought outright2 115533,,115522 ++ 2,890 ++ 5,994 Held under repurchase agreements1 — 335588 — Total U.S. government securities 153,152 ++ 22,,553322 ++ 5,994 Total loans and securities 166,509 - 4,808 + 9,087 Cash items in process of collection (1,571) 10,037 + 3,430 - 1,085 Bank premises 566 + 1 + 13 Other assets3 12,474 + 454 + 5,185 TOTAL ASSETS ((11,,557711)) 205,780 —— 924 ++ 13,198 LIABILITIES Federal Reserve notes 163,804 + 1,280 + 10,987 Deposits: Depository institutions 22,239 _ 4,431 + 715 U.S. Treasury—general account 3,740 _ 436 + 425 Foreign—official accounts 191 _ 54 _ 78 Other 494 _ 67 _ 55 Total deposits 26,664 - 7T79SF + T7UU7 Deferred availability cash items (1,571) 9,216 + 2,751 + 528 Other liabilities and accrued dividends 4 2,528 + 10 + 314 TOTAL LIABILITIES (1,571) 202,212 - 947 + 12,836 CAPITAL ACCOUNTS Capital paid in 1,614 — + 158 Surplus 1,465 — + 106 Other capital accounts 489 + 23 + 98 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 $ 1,253 million was outstanding at the end of the latest statement week. Net of $ 2,091 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $402 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 $ 67 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, November 14, 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 {Weekiy changes Within 15 days 4,856 9,572 + 3,940 40 75 16 days to 90 days 112 29,051 2,501 617 23 91 days to 1 year 46,663 + 1.093 1,743 17 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 4,968 153,152 2.532 8,389 115 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 14, 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 480 26 20 18 38 61 57 29 25 17 45 39 105 Loans 4,968 4 14 21 — 45 10 4,580 62 27 147 48 10 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,389 422 2,816 282 465 699 199 1,145 241 113 400 531 1,076 Held under repurchase agreements 1 — — ~ — — — — — — — — — — U.S. government securities: Bought outright-Bills 66,621 3,353 22,366 2,238 3,689 5,552 1,583 9,095 1,912 897 3,174 4,220 8,542 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 2 153,152 7,708 51,415 5,145 8,480 12,764 3,638 20,909 4,394 2 ,062 7,298 9,702 19,637 Held under repurchase agreements 1 — ~ — — — — — — — — — — — Total U.S. government securities 153,152 7,708 51,415 5,145 8,480 12,764 3,638 20,909 4,394 2 ,062 7,298 9,702 19.637 " Total loans and securities 166,509 8,134 54,245 5,448 8,945 13,508 3,847 26,634 4,697 2 ,202 7,845 10,281 20,723 Cash items in process of collection 11,608 531 1,455 702 775 671 775 1,202 817 611 2,161 664 1,244 Bank premises 566 95 25 49 28 103 38 21 16 26 33 18 114 Other assets 3 12,474 321 2,284 328 491 552 679 4,698 230 195 386 1,141 1,169 Interdistrict settlement account -0- + 1,018 + 1,005 + 14 + 746 + 1,245 + 971 - 7,064 + 95 + 146 - 127 + 187 + 1,764 TOTAL ASSETS 207,351 10,965 63,726 7,299 11,942 17,517 6,888 27.676 6,407 3 ,418 11,192 13.366 26,955 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 $ 1,253 million was outstanding at the end of the latest statement week. 2 Net of $ 2,091 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 402 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. 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 November 14, 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 163,804 9,615 50,371 5..750 10,334 15,092 4,327 23,464 4,788 1,986 7,970 10,180 19,927 Deposits: Depository institutions 22,239 635 5,996 799 663 1,483 1,286 2,246 643 600 1,003 2,003 4,882 U.S. Treasury—general account 3,740 — 3,740 — — — — — — — — Foreign—official accounts 191 4 78 7 10 8 12 20 4 5 7 11 25 . Other 494 1 376 — 1 30 1 76 — 1 3 3 2 Total deposits 26,664 640 10,190 806 674 1,521 1,299 2,342 647 606 1,013 2,017 4,909 Deferred availability cash items 10,787 480 1,421 486 568 514 915 1,005 804 676 1,929 735 1,254 Other liabilities and accrued dividends 1 2,528 124 845 87 140 206 72 349 73 38 119 157 318 TOTAL LIABILITIES 203,783 10,859 62,827 7,129 11,716 17,333 6,613 27,160 6,312 3,306 11,031 13,089 26,408 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 489 21 147 19 21 31 19 97 12 7__ 20 41 54 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 207,351 10,965 63,726 7,299 11,942 17,517 6,888 27,676 6,407 3,418 11,192 13,366 26,955 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 192,926 11,648 56,183 8,083 11,290 17,073 7,183 25,645 6,090 2,660 10,974 12,548 23,549 Less-Held by F.R. Banks 29,122 2,033 5,812 2,333 956 1,981 2,856 2,181 1,302 674 3,004 2,368 3^622 F.R. notes, net 163,804 9,615 50,371 5,750 10,334 15,092 4,327 23,464 4,788 1,986 7,970 10,180 19,927 Collateral held against F.R. notes: Gold certificate account 11,096 Special Drawing Rights certif. aoct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 148,090 Total collateral 163,804 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