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 January 10, 1985 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday JJaannuuaarryy 99,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Janugry 2, January ii, i January 9, 11998855 1984 1985 RReesseerrvvee BBaannkk ccrreeddiitt:: 11>> 22 186,559 2,732 j + 13,060 182,364 UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess-- BBoouugghhtt oouuttrriigghhtt——ssyysstteemm aaccccoouunntt 161,033 + 1,392 + 7,871 160,187 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 2,010 1,327 + 1,476 527 FFeeddeerraall aaggeennccyy oobblliiggaattiioonnss-- BBoouugghhtt oouuttrriigghhtt 8,389 253 8,389 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 148 332 + 128 96 AAcccceeppttaanncceess-- BBoouugghhtt oouuttrriigghhtt HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 7 LLooaannss ttoo ddeeppoossiittoorryy iinnssttiittuuttiioonnss 2,062 1,475 + 1,499 1,437 IInncclluuddeess:: sseeaassoonnaall bboorrrroowwiinngg ooff 53 32 16 34, eexxtteennddeedd ccrreeddiitt ooff 1,817 584 + 1,815 1,236 FFllooaatt 1,258 792 688 91 OOtthheerr FF..RR.. aasssseettss 11,659 198 + 3,035 11^819 GGoolldd ssttoocckk 11,096 25 11,096 SSppeecciiaall DDrraawwiinngg RRiigghhttss cceerrttiiffiiccaattee aaccccoouunntt 4,618 4,618 TTrreeaassuurryy ccuurrrreennccyy oouuttssttaannddiinngg 16,431 + 14 4- 688 16,443 TToottaall ffaaccttoorrss ssuuppppllyyiinngg rreesseerrvvee ffuunnddss 218,704 2,718 + 13,723 214,521 CCuurrrreennccyy iinn cciirrccuullaattiioonn** 182,796 1,106 + 11,865 181,982 TTrreeaassuurryy ccaasshh hhoollddiinnggss** 515 + 2 + 42 517 DDeeppoossiittss,, ootthheerr tthhaann rreesseerrvvee bbaallaanncceess,, wwiitthh FF..RR.. BBaannkkss:: TTrreeaassuurryy 3,490 543 + 32 4,195 FFoorreeiiggnn 218' i - 37 + 2 249 SSeerrvviiccee--rreellaatteedd bbaallaanncceess aanndd aaddjjuussttmmeennttss 33 1,886 i + 8 536 1,131 OOtthheerr 429 134 42 393 OOtthheerr FF..RR.. lliiaabbiilliittiieess aanndd ccaappiittaall 6,163 121 ! + 597 6,144 Total factors, other than reserve balances, absorbing reserve funds 195,497 1,931 + 11,960 194,611 Reserve balances with F.R. Banks 4 [ 23,207 [ - 788 + 1,764 j 19,911 On January 9, 1985 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official f and international accounts were $ 115,985 million, a decreasef $ 4,29&million for the week. 0 1 Net of $ 2,030 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,030 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $2,876 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,876 million was with foreign official and international accounts, includes $ 250 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,131 million and adjustments of $ 755 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 — January 9, 1985 January 2, 1985 January 11, 1984 ASSETS Gold certificate account 11,096 — - 25 Special Drawing Rights certificate account 4.618 — — Coin 434 + 4 + 16 Loans 1,437 - 4.910 - 778 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,389 — - 246 Held under repurchase agreements1 96 - 614 + 96 U.S. government securities: Bought outright—Bills 71,999 + 1,571 + 3,007 Notes 65,237 — + 1,303 Bonds 2222,,995511 — ++ 2,137 Total bought outright2 116600,,118877 + 1,571 ++ 6,447 Held under repurchase agreements1 527 - 6,822 + 527 Total U.S. government securities 160,714 - 5,251 + 6,974 Total loans and securities 170,636 -10,775 + 6,046 Cash items in process of collection (1,093) 6,367 - 1,876 - 6,220 Bank premises 570 + 1 + 22 Other assets 3 11,249 - 131 + 3,108 TOTAL ASSETS ((11,,009933 ) 204^970 -12,777 +_ 2,947 LIABILITIES Federal Reserve notes 166,489 - 2,141 +11,097 Deposits: Depository institutions 21,042 -11,373 - 8,814- U.S. Treasury—general account 4,195 + 1,138 + 937 Foreign—official accounts 249 + 2 + 23 Other 393 - 352 - 43 Total deposits 25,879 -10,585 - 7,897 Deferred availability cash items (1,093) 6,458 + 24 - 843 Other liabilities and accrued dividends4 2,574 300 + 283 TOTAL LIABILITIES (1,093) 201,400 -13,002 + 2,640 CAPITAL ACCOUNTS Capital paid in 1,629 + 2 + 164 Surplus 1,626 — + 161 Other capital accounts 315 + 223 - 18 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 $ 2,876 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 250 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 $ 45 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, JANUARY 9, 1985 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 AAcccceeppttaanncceess Holdings |Weekly changes Holdings {Weekly changes Within 15 days 1,399 — 5,763 -4,802 171 -589 16 days to 90 days 38 — 35,586 - 614 618 - 25 ' 91 days to 1 year — — 47,960 + 165 1,701 — Over 1 year to 5 years — — 37,072 __ 4,329 — Over 5 years to 10 years — — 14,100 — 1,267 — Over 10 years — 2200,,223333 — 339999 — ~~ Total 1,437 116600,,771144 -5,251 88,,448855 -614 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 January 9, 1935 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 434 24 18 14 35 61 49 26 23 16 43 32 93 Loans 1,437 2 13 30 1 73 2 1.225 18 1 42 20 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 * 96 96 U.S. government securities: Bought outright-Bills 71,999 3,623 24,171 2,419 3.986 6,000 1.711 9,830 2,066 970 3,431 4,561 9,231 Certificates: Special Other Notes 65,237 3,283 21,901 2.191 3.612 5.437 1,550 8,907 1,871 879 3.109 4,132 8,365 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 2 160,187 8.061 53.777 5.381 8.869 13,350 3.806 21.870 4,596 2.157 7.634 10.147 20,539 Held under repurchase agreements * 527 527 Total U.S. government securities 160.714 8,061 54,304 5,381 8,869 13.350 3,806 2,157 7,634 10,147 20,539 Total loans and securities 170,636 8,485 57,229 5,693 9,335 14,122 4.007 24.240 4,855 2,271 8.076 10,698 21,625 Cash items in process of collection 7,460 406 378 445 293 392 637 545 539 475 1.452 618 1,280 Bank premises 570 95 26 49 28 103 40 21 17 25 36 19 111 Other assets 3 11,249 274 2.013 315 441 471 414 4.503 208 182 337 948 1,143 Interdistrict settlement account -0- -••1,159 -1.412 - 410 f 539 + 785 +1,862 -4,229 + 355 - 48 - 703 •I- 376 +1,726 TOTAL ASSETS 206,063 11,283 62,944 6.846 11.590 17.311 7.530 27,262 6.524 3.142 10.090 13.727 27,814 1 Does not include U.S. government and federal agency securitie sresold under matched saleiiurchase transactions to foreign official and international accounts, of which $ .0. million was outstanding at the end of the latest statement week. 2 Net of $ 2,876 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 250 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 $ 45 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 January 9, 1985 Millions of dollars . . . . Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 166,489 9,823 51,230 5.490 10,042 15,352 4.657 23,684 5,139 2.034 7.667 10,638 20.713 Deposits: Depository institutions 21,042 856 4,419 742 870 1,220 1.876 2,112 651 394 893 2,037 4,972 U.S. Treasury-general account 4,195 4,195 Foreign-official accounts 249 4 135 7 10 8 13 20 4 5 7 11 25 Other 393 1 280 1 11 1 55 2 24 18 Total deposits 25,879 861 9,029 749 881 1,239 1.890 2,187 655 399 902 2,072 5,015 Deferred availability cash hams 7,551 366 923 348 296 323 638 529 536 557 1.236 599 .1,200 Other liabilities and accrued dividends1 2,574 127 857 88 145 209 68 354 73 40 122 159 332 TOTAL LIABILITIES 202,493 11,177 62,039 6,675 11,364 17,123 7.253 26,754 6,423 3.030 9,927 13,468 »27.260 CAPITAL ACCOUNTS Capital paid in 1,629 45 397 80 104 80 135 228 46 54 74 130 256 Surplus 1.626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 315 16 HI 11 18 28 8 52 9 4 15 43 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 206.063 11,283 62,944 6,846 11,590 17.311 7,530 27,262 6,524 3.142 10,090 13,727 27.814 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 193.632 11,520 55,832 7,947 11,047 17.369 7,647 25,630 6,457 2.574 10,739 12,593 24.277 Less-Held by F.R. Banks 27,143 1,697 4,602 2,457 1,005 2,017 2,990 1,946 1,298 540 3,072 1,955 3,564 F.R. notes, net 166,489 99,,882233 5511..223300 55,,449900 1100,,004422 1155,,335522 44,,665577 2233,,668844 55..115599 22..003344 77,,666677 1100,,663388 20,713 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 150,775 Total collateral 166,489 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