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 29, 1984 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy NNoovveemmbbeerr 2288,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss IjJgggmber 21, November 30, NNoovveemmbbeerr 2288,, 11998844 11998844 Reserve Bank credit: 1- 2 180,643 + 397 + 11,603 180,899 U.S. government securities- Bought outright—system account 155,643 + 1,158 + 5,955 155,214 Held under repurchase agreements 72 - 1,112 + 72 Federal agency obligations- Bought outright 8,389 270 8,389 Held under repurchase agreements 11 64 + 11 Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 4,148 120 + 3,271 3,750 Includes: seasonal borrowing of 199 -I- 5 + 76 205 extended credit of 3,268 231 + 3,255 3,242 Float 1,156 + 264 580 2,371 Other F.R. assets 11,225 + 272 + 3,144 11,175 Gold stock 11,096 27 11,096 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,331 + 12 + 661 16,343 Total factors supplying reserve funds 212,690 + 409 + 12,237 212,956 Currency in circulation* 179,847 + 755 + 11,530 179,905 Treasury cash holdings* 495 + 5 + 16 500 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,984 525 + 103 3,431 Foreign 223 11 35 213 Service-related balances and adjustments 3 1,520 70 + 283 1,254 Other 466 31 146 456 Other F.R. liabilities and capital 6^236 68 + 694 6,057 Total factors, other than reserve balances, absorbing reserve funds 191,771 + 56 + 12,444 191,816 Reserve balances with F.R. Banks 4 20,919 + 353 208 1 21,140 On November 28, 1984 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official t and international accounts were $ 118,744 million, an increase of $ 1,456million for the week. 1 Net of $ 2,977 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,977 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,-912 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,912 million was with foreign official and international accounts. Includes $ 4-63 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,254 million and adjustments of $ 266 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury1 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, November 28, 1984 November 21. 1984 November 30. 1983 ASSETS Gold certificate account 11,096 — - 27 Special Drawing Rights certificate account 4,618 — — Coin 455 - 22 + 27 Loans 3,750 - 2,982 + 2,691 Acceptances- __ Held under repurchase agreements Federal agency obligations- Bought outright 8,389 — - 258 Held under repurchase agreements1 — - 77 — U.S. government securities: Bought outright—Bills 67,208 + 1,560 + 2,517 Notes 65,055 — + 1,121 Bonds 22,951 — + 2,137 Total bought outright2 155,214 + 1,560 + 5,775 Held under repurchase agreements1 — - 503 — Total U.S. government securities 155,214 + 1,057 + 5,775 Total loans and securities 167,353 .. 2,002 + 8,208 Cash items in process of collection (1,138) 8,550 + 368 „ 397 Bank premises 567 + 16 Other assets 3 10,608 + 96 + 2,721 TOTAL ASSETS ((11,,113388)) 203,247 1,560 ++ 10,548 LIABILITIES Federal Reserve notes 164,517 + 113 + 10,717 Deposits: Depository institutions 22,394 - 1,581 + 813 U.S. Treasury—general account 3,431 + 752 + 535 Foreign—official accounts 213 - 13 - 147 Other 456 - 6 - 125 Total deposits 26,494 - 848 + 1,076 Deferred availability cash items (1,138) 6,179 - 820 _ 1,870 Other liabilities and accrued dividends4 2,484 + 5 + 115 TOTAL LIABILITIES (1,138) 199,674 - 1,550 + 10,038 CAPITAL ACCOUNTS Capital paid in 1,618 —-. + 160 Surplus 1,465 + 106 Other capital accounts 490 - 10 + 244 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 $ -0- million was outstanding at the end of the latest statement week. Net of $ 3,912 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 463 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 $ 58 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 28, 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 3,697 7,463 221 226 + 41 16 days to 90 days 53 — 31,558 + 1,673 473 - 76 91 days to 1 year — — 44,798 - 395 1,727 - 16 Over 1 year to 5 years — — 37,062 — 4,334 - 24 Over 5 years to 10 years — — 14,100 1,230 - 2 Over 10 years — 2200,,223333 — 339999 Total 3,750 ZZZZ~~"" 115555,,221144 + 1,057 88,,338899 - 77 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 28, 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 455 25 20 15 36 59 48 27 24 15 44 37 105 Loans 3,750 6 19 74 - 61 23 3,244 36 15 202 53 17 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 67,208 3,382 22,562 2,257 3,721 5,601 1,597 9,176 1,928 905 3,203 4,258 8,618 Certificates: Special Other Notes 65,055 3,274 21,840 2,186 3,602 5,422 1,545 8,882 1,866 876 3,100 4,121 8,341 Bonds 22,951 1,155 7,705 771 1,271 1,913 545 3,133 659 308 1,094 1,454 2,943 Total bought outright 2 155,214 7,811 52,107 5,214 8,594 12,936 3,687 21,191 4,453 2 ,089 7,397 9,833 19,902 Held under repurchase agreements 1 — — -- — — -- — — — — Total U.S. government securities 155,214 7,811 52,107 5,214 8,594 12,936 3,687 21,191 4,453 2 ,089 77397 9,833 19,902 Total loans and securities 167,353 8,239 54,942 5,570 9,059 13,696 3,909 25,580 4,730 2 ,217 7,999 10,417 20,995 Cash items in process of collection 9,688 496 1,209 471 463 481 986 1,176 649 433 1,285 705 1,334 Bank premises 567 95 25 49 27 104 39 21 16 26 33 18 114 Other assets 3 10,608 255 1,777 276 407 426 416 4,495 211 175 305 912 953 Interdistrict settlement account -0- +1,107 + 93 + 29 + 715 + 979 +1,701 - 6,628 + 58 - 52 - 293 ++ 445555 + 1,836 TOTAL ASSETS 204,385 11,057 62,758 7,150 11,626 17,122 7,620 26,827 6,215 3", 035 10,222 1133,,558800 27,173 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 $ 3,912 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 463 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 $ 58 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA He) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON November 28, 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 164„517 9,603 50,088 5,627 10 ,195 15,189 4,783 23,427 5,096 1,980 7,885 10 ,204 20,440 Deposits: Depository institutions 22,394 874 6,268 780 742 1,195 1,811 1,863 422 444 866 2 ,358 4,771 U.S. Treasury-general account 3.431 3.431 Foreign-official accounts 213 4 100 7 10 8 12 20 4 5 7 11 25 Other 456 1 369 14 1 66 . 2 1 1 1 Total deposits 26,494 879 10,168 787 752 1,217 1.824 1.949 428 449 874 2 ,370 4,797 Deferred availability cash items 7,-317 345 782 484 314 329 661 594 518 455 1,186 572 1,077 Other liabilities and accrued dividends1 2,484 123 818 83 139 203 76 345 72 38 117 157 313 TOTAL LIABILITIES 200,812 10,950 61,856 6,981 11 ,400 16,938 7,344 26,315 6.114 2,922 10,062 13,, 303 26,627 CAPITAL ACCOUNTS Capital paid in 1,618 45 395 80 104 79 134 227 46 54 73 128 253 Surplus 1,465 40 357 71 101 74 122 192 40 51 68 108 241 Other capital accounts 490 22 150 18 21 31 20 93 15 8 19 41 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 204,385 11,057 62,758 7,150 11 ,626 17,122 7,620 26,827 6,215 3,035 10,222 13, 580 27.173 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 193,762 11,551 55.974 8,159 11 ,220 17,206 7,731 25.494 6,427 2,628 10,943 12 ,476 23,953 Less-Held by F.R. Banks 29,245 1,948 5,386 2,532 1 ,025 2,017 2.948 2,067 1,331 648 3*058 2 U72 3,513 F.R. notes, net 164,517 99,,660033 5500,,008888 55,,662277 1100 ,,119955 1155,,118899 44,,778833 2233,,442277 55,,009966 11,,998800 77,,888855 1100 ,,220044 20.440 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 148,803 Total collateral 164,517 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