H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE ••TOT**V 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 February 7, 1985 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 FFeebbrruuaarryy 66,, January 30, February 8, February 6, 11998855 1985 1985 Reserve Bank credit: 1> 2 180,162 + 261 + 13,325 180,050 U.S. government securities- Bought outright—system account 155,135 - 1,723 + 6,984 155,562 Held under repurchase agreements 1,137 + 699 + 1,137 — Federal agency obligations- Bought outright 8,389 — - 196 8,389 Held under repurchase agreements 126 + 75 + 126 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,642 + 475 + 1,283 1,055 Includes: seasonal borrowing of 58 _ 2 - 27 55 extended credit of 1,249 + 596 + 1,239 838 Float 1,467 + 590 + 674 2,645 Other F.R. assets 12,267 + 145 + 3,318 12,399 Gold stock 11,095 - 25 11,095 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,487 + 14 + 694 16,499 Total factors supplying reserve funds 212,362 + m—~ +~ 13,994— 2121262 Currency in circulation* 177,666 + 357 + 10,728 178,121 Treasury cash holdings* 538 + 4 + 56 545 Deposits, other than reserve balances, with F.R. Banks: Treasury 5,015 + 69 + 305 5,618 Foreign 203 _ 9 . 5 211 Service-related balances and adjustments 3 1,981 + 369 + 429 1,163 Other 653 + 79 + 174 597 OOtthheerr FF..RR.. lliiaabbiilliittiieess aanndd ccaappiittaall 6,040 - 126 + 594 5,840 TToottaall ffaaccttoorrss,, ootthheerr tthhaann rreesseerrvvee bbaallaanncceess,, absorbing reserve funds 192,095 + 742 + 12,280 192,095 Reserve balances with F.R. Banks 4 20,267 - 467 -l- 1,714 20,167 OnFebruary 6, 1985 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official f and international accounts were $ 115,854 million,a decrease of $ ! »002million for the week. 1 Net of $ 3,551 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,551 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,099 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,099 million was with foreign official and international accounts. Includes $ 290 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,163 million and adjustments of $ 818 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 Wednesday Wednesday, Wednesday, February $. 1985 January 30, 1985 February 8. 1984 ASSETS Gold certificate account 11,095 24 Special Drawing Rights certificate account 4,618 Coin 514 19 4 Loans 1,055 855 803 Acceptances- Held under repurchase agreements Federal agency obligations- 8,389 196 Bought outright Held under repurchase agreements1 U.S. government securities: 67,474 + 144 + 3,169 Bought outright—Bills 65,137 — + 1,503 Notes 22,951 — +++ 2,137 Bonds 155,562 +++ 144 +++ 6,809 Total bought outright 2 Held under repurchase agreements1 155,562 +++ 144 +++ 6,809 Total U.S. government securities 165,006 - 711 + 7,416 Total loans and securities (1,377) 9,373 + 2,168 + 1,330 Cash items in process of collection 570 — + 21 Bank premises 11,829 + 75 + 3,222 Other assets 3 (1,377) 203,005 + 1,551 + 11,961 TOTAL ASSETS LIABILITIES Federal Reserve notes 162,681 836 10,144 Deposits: Depository institutions 21,330 2,387 + 593 U.S. Treasury—general account 5,618 2,655 + 827 Foreign—official accounts 211 27 + 1 Other 597 53 - 6 Total deposits 27,756 188 + 1,415 Deferred availability cash items (1,377) 6,728 643 - 95 Other liabilities and accrued dividends4 2,283 76 + 177 TOTAL LIABILITIES (1,377) 199,448 1,591 + 11,641 CAPITAL ACCOUNTS Capital paid in U650 15 + 178 Surplus 1,626 — + 161 Other capital accounts zai_ 55 - 19 * 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 $ 3,099 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 290 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 $ 60 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. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 6, 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 1.035 — 8,611 + 5,132 17 - 80 16 days to 90 days 20 — 29,697 - 5,149 755 + 74 91 days to 1 year — — 45,921 -1- 133 1,724 + 6 Over 1 year to 5 years — — 37,100 + 28 4,262 + 14 Over 5 years to 10 years — — 14,000 — 1,232 - 14 Over 10 years 1 — 20,233 — 399 — Total 1,055 155,562 144 8,389 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 February 6, 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 514 29 20 18 44 70 60 34 29 20 48 38 104 Loans 1,055 5 1 34 1 48 — 820 12 4 103 4 23 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 67,474 3,396 22,652 2,267 3,735 5,623 1,603 9,212 1,936 909 3,216 4,274 8,651 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 2 155.562 7,829 52,224 5,226 8,613 12,965 3,696 21,238 4,463 2 ,094 7,414 9,854 19,946 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 11 ~ — TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 155,562 7,829 52,224 5,226 87613 12,965 3,696 21,238 4,463 2 7094 77414 97854 19,946 Total loans and securities 165,006 8,256 55,041 5,542 9,079 13,712 3,895 23,203 4,716 2 ,211 7,917 10,389 21,045 Cash items in process of collection 10,750 720 1,388 787 515 816 1,014 581 576 450 1,502 886 1,515 BBaannkk pprreemmiisseess 570 95 25 49 28 103 41 21 17 25 36 19 111 OOtthheerr aasssseettss 33 11,829 307 2,188 358 452 511 434 4,685 227 186 360 1,014 1,107 IInntteerrddiissttrriicctt sseettttlleemmeenntt aaccccoouunntt -0- + 372 + 2,334 307 + 491 + 508 + 1,050 - 4,199 62 - 115 - 1,060 + 50 + 938 TTOOTTAALL AASSSSEETTSS 204,382 | 10,619 65,687 7,187 11,528 17,097 7,015 26,481 6,030 2 ,998 9,652 13,432 26,656 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 $ 3,099 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 290 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 $ 60 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 FEDIE RAL RESERV E BANK ON February 6, 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 162,681 9.426 50,182 5,683 10,122 15,081 4,069 23,393 4,935 1,951 7,291 10,346 20,202 Deposits: Depository institutions 21,330 597 6,665 602 720 1,252 1.819 1,611 459 424 843 2,028 4,310 U.S. Treasury-general account 5,618 5,618 Foreign-official accounts 211 4 97 7 10 7 13 21 4 5 7 12 24 Other 597 1 436 49 36 68 3 2 2 Total deposits 27,756 602 12,816 609 779 1,295 1.832 1,700 463 429 853 2.042 4,336 Deferred availability cash items 8,105 376 1,035 649 275 352 774 571 469 472 1,236 627 1,269 Oth d e iv r i d li e a n b d i s it 1 ie s and accrued 2,283 112 754 78 129 184 64 312 65 36 108 140 301 TTOOTTAALL LLIIAABBIILLIITTIIEESS 200,825 10,516 64,787 7,019 11,305 16,912 6.739 25,976 5,932 2,888 9,488 13.155 2b,108 CCAAPPIITTAALL AACCCCOOUUNNTTSS CCaappiittaall ppaaiidd iinn 1,650 45 404 80 105 82 137 229 46 54 77 131 260 SSuurrpplluuss 1,626 45 397 80 104 80 134 228 46 54 74 129 255 OOtthheerr ccaappiittaall aaccccoouunnttss 281 13 99 8 14 23 5 48 6 2 13 17 33 TTOOTTAALL LLIIAABBIILLIITTIIEESS AANNDD CCAAPPIITTAALL AACCCCOOUUNNTTSS 204,382 10,619 65,687 7,187 11,528 17,097 7.015 26,481 6,030 2,998 9.652 13.432 26,656 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 193,509 11,511 55,224 / 8,311 11,415 17,154 7,401 25,639 6,373 2,517 10,610 12,582 24.772 Less-Held by F.R. Banks 30.828 2,085 5,042 2,628 1,293 2,073 3,332 2.246 1,438 566 3,319 2,236 4.570 F.R. notes, net 162,681 99,,442266 5500,,118822 55,,668833 1100,,112222 1155,,008811 44,,006699 2233..339933 44,,993355 11,,555511 77,,229911 1100,,334466 20.202 Collateral held against F.R. notes: Gold certificate account 11.095 Special Drawing Rights otrtif. aoct. 4.618 Other eligible assets -0- U.S. govt, and agency securities 146.968 Total collateral 162.681 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