H.4.1 Factors Affecting Reserve Balances of Depository Institutions

' O^ COVi FEDERAL RESERVE •.f«filas? 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 31, 1985 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 JJaannuuaarryy 3300,, JJaannuuaarryy 2233,, FFeebbrruuaarryy 11,, JJaannuuaarryy 3300,, 11998855 11998855 11998844 11998855 Reserve Bank credit: 1> 2 179,903 + 628 + 8,699 179,161 U.S. government securities - Bought outright—system account 156,858 + 490 + 6,512 155,418 Held under repurchase agreements 438 + 438 - 1,055 — Federal agency obligations- Bought outright 8,389 __ 213 8,389 Held under repurchase agreements 51 + 51 58 — Acceptances- Bought outright — — — — Held under repurchase agreements — — 59 — Loans to depository institutions 1,167 + 383 + 495 1,910 Includes: seasonal borrowing of 60 6 49 62 extended credit of 644 + 103 + 641 745 Float 884 728 37 1,120 Other F.R. assets 12,117 5 + 3,115 12,324 Gold stock 11,095 — 25 11,095 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,473 + 14 + 694 16,485 Total factors supplying reserve funds 212,089 + 642 + 9,368 211,359 Currency in circulation* 177,309 - 1,377 +10,962 177,301 Treasury cash holdings* 534 + 6 + 50 534 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,946 + 1,646 - 2,234 2,963 Foreign 212 11 + 3 238 Service-related balances and adjustments 3 1,612 462 + 14 1,157 Other 574 + 187 + 148 650 Other F.R. liabilities and capital 6,166 - 56 + 515 5,956 Total factors, other than reserve balances, absorbing reserve funds 191,353 67 + 9,458 188,799 Reserve balances with F.R. Banks 4 20,736 + 708 89 22,560 On January 30, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $116,856 million, an increase of $221 million for the week. 1 Net of $ 2,516 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,516 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,826 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,826 million was with foreign official and international accounts. Includes $268 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,157 million and adjustments of $455 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, Januarv 30. 1985 Januarv 23. 1985 Feb ruarv I,. 1984 ASSETS Gold certificate account 11,095 — - 25 Special Drawing Rights certificate account 4,618 — — Coin 495 + 19 - 4 Loans 1,910 + 1,146 + 618 Acceptances- Held under repurchase agreements —_ __ Federal agency obligations- Bought outright 8,389 — - 196 Held under repurchase agreements'! .— — U.S. government securities: Bought outright—Bills 67,330 - 612 + 1,106 Notes 65,137 + 1,503 -p- Bonds 22,951 — + 2,137 Total bought outright2 155,418 «. 612 + 4Z/46 Held under repurchase agreements'! — — Total U.S. government securities 155,418 - 612 + 4,746 Total loans and securities 165,717 + " 534 + 5,168 Cash items in process of collection (1,028) 7,205 _ 1,654 _ 1,878 Bank premises 570 + 7 -f 22 Other assets 3 11,754 + 248 + 2,984 TOTAL ASSETS ((11,,002288)) 201,454 —— 846 ++ 6,267 LIABILITIES Federal Reserve notes 161,845 - 852 + 10,041 Deposits: Depository institutions 23,717 + 2,273 + 1,102 U.S. Treasury—general account 2,963 - 1,436 - 3,719 Foreign—official accounts 238 + 14 + 42 Other 650 + 284 + 213 Total deposits 27,568 + 1,135 - 2,362 Deferred availability cash items (1,028) 6,085 - 1,113 - 1,831 Other liabilities and accrued dividends4 2,359 - 7 + 19 TOTAL LIABILITIES (1,028) 197,857 - 837 + 5,867 CAPITAL ACCOUNTS Capital paid in 1,635 — + 165 Surplus 1,626 — + 161 Other capital accounts 336 - 9 + 74 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 $ 3,826million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 268 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 $ 52 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 30, 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 LLooaannss AAcccceeppttaanncceess Holdings Weekly changes Holdings Weekly changes Within 15 days 1,905 — 3,479 - 515 97 + 8 16 days to 90 days 5 — 34,846 - 450 681 + 56 91 days to 1 year — — 45,788 + 353 1,718 + 16 Over 1 year to 5 years — — 37,072 — 4,248 - 80 Over 5 years to 10 years — * — 14,000 — 1,246 — Over 10 years — 2200,,223333 339999 — Total 1,910 --====-- 115555,,441188 -- MMII 88,,338899 — 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 30, 1985 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,095 599 3,356 515 617 969 360 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 495 27 19 17 43 68 58 33 26 19 47 37 101 Loans 1,910 8 135 53 431 174 8 805 20 8 173 5 90 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 67,330 3,389 22,604 2,262 3,728 5,611 1,599 9,192 1,932 907 3,208 4,265 8,633 Certificates: Special Other Notes 65,137 3,278 21,867 2,188 3,607 5,429 1,548 8,893 1,868 877 3,104 4,126- 8,352 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 2 155,418 7,822 56,176 5,221 8,606 12,953 3,692 21,218 4,459 2,092 7,406 9,845 19,928 Held under repurchase agreements 1 — -- — — __ ~ ~ — — — «~ — Total U.S. government securities 155,418 7,822 52,176 5,221 8,606 12,953 3,692 21,218 4,459 2,092 7,406 9,845 I9T928 Total loans and securities 165,717 8,252 55,127 5,556 9,502 13,826 3,899 23,168 4,720 2,213 7,979 10,381 21,094 Cash items in process of collection 8,233 455 1,019 420 309 385 649 721 520 432 1,293 787 1,243 Bank premises 570 95 25 49 28 103 41 21 17 25 36 19 111 Other assets 3 11,754 303 2,188 317 452 513 491 4,631 220 181 352 1,023 1,083 Interdistrict settlement account -0- + 710 + 637 - 303 + 645 + 689 + 1,167 - 4,038 - 20 - 48 - 833 + 349 + 1,045 TOTAL ASSETS 202,482 10,682 63,706 6,796 11,898 16,961 6,826 26,692 6,010 3,043 9,723 13,632 26,513 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 $ 3,826 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 268 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 $ 52 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 30, 1985 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LLLLIIIIAAAABBBBIIIILLLLIIIITTTTIIIIEEEESSSS FFFFeeeeddddeeeerrrraaaallll RRRReeeesssseeeerrrrvvvveeee nnnnooootttteeeessss 161,845 9,302 50,132 5,582 9,981 14,923 4,167 23,378 4,888 1,918 7,247 10,318 20,009 DDDDeeeeppppoooossssiiiittttssss:::: DDDDeeeeppppoooossssiiiittttoooorrrryyyy iiiinnnnssssttttiiiittttuuuuttttiiiioooonnnnssss 23,717 791 7,368 646 1,264 1,317 1,610 1,837 544 566 1,033 2,210 4,531 UUUU....SSSS.... TTTTrrrreeeeaaaassssuuuurrrryyyy————ggggeeeennnneeeerrrraaaallll aaaaccccccccoooouuuunnnntttt 2,963 2,963 FFFFoooorrrreeeeiiiiggggnnnn————ooooffffffffiiiicccciiiiaaaallll aaaaccccccccoooouuuunnnnttttssss 238 4 125 7 10 7 12 21 4 5 7 12 24 OOOOtttthhhh TTTT eeee oooo rrrr tttt aaaallll ddddeeeeppppoooossssiiiittttssss 650 2 558 24 2 60 2 1 1 27,568 797 11,014 653 1,274 1,348 1,624 1,918 548 571 1,042 2,223 4,556 DDDDeeeeffffeeeerrrrrrrreeeedddd aaaavvvvaaaaiiiillllaaaabbbbiiiilllliiiittttyyyy ccccaaaasssshhhh iiiitttteeeemmmmssss OOOOtttthhhheeeerrrr lllliiiiaaaabbbbiiiillll ttttiiiieeeessss aaaannnndddd aaaaccccccccrrrruuuueeeedddd 7.113 361 873 310 286 311 674 562 406 407 1,162 662 1,099 ddddiiiivvvviiiiddddeeeennnnddddssss 1111 2,359 116 779 80 132 191 82 325 67 35 112 146 294 TTTTOOOOTTTTAAAALLLL LLLLIIIIAAAABBBBIIIILLLLIIIITTTTIIIIEEEESSSS 198.885 10,576 62,798 6,625 11,673 16,773 6,547 26,183 5,909 2,931 9,563 13,349 25,958 CCCCAAAAPPPPIIIITTTTAAAALLLL AAAACCCCCCCCOOOOUUUUNNNNTTTTSSSS C S T C S T C S T C S T OOOO uuuu OOOO aaaa tttthhhh rrrr pppp TTTT pppp eeee iiiitttt llll AAAA rrrr uuuu aaaa LLLL ssss cccc llll aaaa pppp LLLL pppp aaaa IIII iiii iiii tttt dddd AAAA aaaa BBBB llll iiii nnnn aaaa IIII LLLL cccccccc IIIITTTT oooo IIII uuuu EEEE nnnn SSSS ttttssss AAAANNNNDDDD CCCCAAAAPPPPIIIITTTTAAAALLLL 1 1 . . 6 6 3 3 2 3 5 6 6 4 4 1 5 5 6 4 3 1 0 9 1 0 7 1 8 8 1 0 0 1 1 1 0 0 1 4 4 7 8 8 2 1 0 7 1 1 3 3 9 6 4 2 2 2 2 5 8 9 2 4 4 9 6 6 5 5 4 4 4 1 7 7 2 4 4 1 12 3 2 9 0 4 2 2 5 4 5 6 4 5 AAAACCCCCCCCOOOOUUUUNNNNTTTTSSSS 202,482 10,682 63,706 6,796 11,898 16,961 6,826 26,692 6,010 3,043 9,723 13,632 26,513 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 193,598 11,427 55,393 8,285 11,344 17,074 7,612 25,634 6,395 2,520 10,646 111222,,,555444444 24,724 Less-Held by F.R. Banks 31,753 2,125 5,261 2,703 1,363 2,151 3,445 2,256 1,507 602 3,399 222,,,222222666 4,715 F.R. notes, net 161,845 99,,330022 5500,,113322 55,,558822 99,,998811 1144,,992233 44,,116677 2233,,337788 44,,888888 11,,991188 77,,224477 111000,,,333111888 20,009 Collateral held against F.R. notes: Gold certificate account 11,095 Special Drawing Rights certif. acct. 4,618 -0- Other eligible assets U.S. govt, and agency securities 146,132 Total collateral 161,845 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