H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Q! cQyfj>* * FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and .f^sr*r Condition Statement of F R. Banks H.4.1 For release at 4:30 p.m. Eastern time February 14, 1985 Averages of daily figuresfmillions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss FFeebb 1199 rruu 8855 aa rryy 1133,, Feb 19 ru 85 a ry 6, 1 February i>, Fefrc&5ry 13> Reserve Bank credit: 1» 2 179,559 - 603 + 12,526 182,424 U.S. government securitiesm Bought outright—system account 155,694 + 559 + 7,974 157,651 Held under repurchase agreements 962 - 175 + 962 — Federal agency obligations- Bought outright 8,382 - 7 188 8,372 Held under repurchase agreements 310 + 184 + • 310 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,095 - 547 + - 342 1,613 Includes: seasonal borrowing of 62 + 4 32 60 extended credit of 735 - 505 + " 730 840 Float 728 - 739 343 2,189 Other F.R. assets 12,388 + 121 + 3,470 12,599 Gold stock 11,094 - 1 25 11,094 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,492 + 14 + 684 16,504 Total factors supplying reserve funds 211,763 - 590 + 13,185 214,640 Currency in circulation* 178,479 + 822 + 11,044 178,779 Treasury cash holdings* 549 + 11 + 67 556 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,797 - 218 + 399 3,974 Foreign 210 + 7 8 268 Service-related balances and adjustments 3 1,590 - 392 + 16 1,164 Other 521 - 132 109 479 Other F.R. liabilities and capital 6,008 - 32 + 511 5,860 Total factors, other than reserve balances, absorbing reserve funds 192,154 + 66 + 11,920 191,080 Reserve balances with F.R. Banks 4 | 19,608 - 658 + 1,264 23,559 On February 13, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 116,226 million, an increase of $ 372 million for the week. 1 Net of $ 2,430 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,430 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 636 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 636 million was with foreign official and international accounts. Includes $ 362 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,164 million and adjustments of $ 426 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, Fp-bruarv 13. 1985 Februarv 6. 1985 Februarv 15. 198^ r ASSETS Gold certificate account 11,094 - 1 - 24 Special Drawing Rights certificate account 4,618 — — Coin 527 + 13 - 3 Loans 1,613 + 558 - 605 Acceptances- Held under repurchase agreements —— __ — Federal agency obligations- Bought outright 8,372 - 17 - 196 Held under repurchase agreements 1 — — — U.S. government securities: Bought outright—Bills 69,563 + 2,089 + 6,440 Notes 65,137 — + 2,216 Bonds 2222,,995511 — ++ 1,424 Total bought outright2 115577,,665511 ++ 2,089 ++ 10,080 Held under repurchase agreements1 — — — Total U.S. government securities 157,651 ++ 2,089 ++ 10,080 Total loans and securities 167,636 + 2,630 + 9,279 Cash items in process of collection (1,029) 7,893 - 1,480 - 2,519 Bank premises 570 — + 21 Other assets 3 12,029 + 200 + 4,560 TOTAL ASSETS ((11,,002299)) 204,367 ++ 1,362 ++ 11,314 LIABILITIES Federal Reserve notes 163,359 + 678 + 10,430 Deposits: Depository institutions 24,723 + 3,393 + 3,957 U.S. Treasury—general account 3,974 - 1,644 - 903 Foreign—official accounts 268 + 57 + 8 Other ( 2) 479 - 118 - 128 Total deposits ( 2) 29,444 + 1,688 + 2,934 Deferred availability cash items (1,027) 5,704 _ 1,024 _ 2,621 Other liabilities and accrued dividends4 2,236 _ 47 + 203 TOTAL LIABILITIES (1,029) 200,743 + 1,295 + 10,946 CAPITAL ACCOUNTS Capital paid in 1,661 + 11 + 183 Surplus 1,626 + 161 Other capital accounts 337 + 56 + 24 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 $ 2,192 million was outstanding at the end of the latest statement week. Net of $ 636 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 362 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 $ 56 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, February 13, 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 Acceptances Holdings |Weekly changes Holdings | Weekly changes Within 15 days 1,589 13,121 + 4,510 387 + 370 16 days to 90 days 10 29,240 - 457 682 - 73 91 days to 1 year 45,843 78 1,748 + 24 Over 1 year to 5 years 37,101 + 1 4,230 - 32 Over 5 years to 10 years 14,000 1,232 Over 10 years 20,233 399 Total 1,599 159,538 + 3,976 8,678 + 289 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 13, 1985 Millions of dollars i Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,094 599 3,355 515 617 969 360 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 527 29 20 18 45 71 61 35 30 20 51 40 107 Loans 1,613 13 510 44 1 33 2 830 14 6 129 6 25 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 8,372 421 2,811 281 464 698 199 1,143 240 113 399 530 1,073 Held under repurchase agreements 1 ~ — — — — — — — — — — U.S. government securities: Bought outright-Bills 69,563 3,501 23,354 2,337 3,851 5,797 1,652 9,497 1,996 937 3,315 4,407 8,919 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 2 157,651 7,934 52,926 5,296 8,729 13,139 3,745 21,523 4,523 2,122 7,513 9,987 20,214 Held under repurchase agreements 1 ~ ~ — — — ~ -- — — — — — — Total U.S. government securities 157,651 7,934 52,926 5,296 8,729 13,139 3,745 21,523 4,523 2,122 7,513 9,987 20,214 Total loans and securities 167,636 8,368 56,247 5,621 9,194 13,870 3,946 23,496 4,777 2,241 8,041 10,523 21,312 Cash items in process of collection 8,922 470 703 447 754 490 731 1,200 597 403 1,174 562 1,391 Bank premises 570 95 25 49 28 103 41 21 17 25 36 19 111 Other assets 3 12,029 316 2,262 LL.. 331 492 .. 553344 445 4.7G9 230 ;? 190 372 1,030 1,118 Interdistrict settlement account -0- + 859 + 1,135 '" + 128 + 481 ++ 884499 + 1,106 - 4,797 - 153 + 87 - 789 + 208 + 886 TOTAL ASSETS 205,396 10,977 65,082 7,334 11,913 17,294 6,851 26,820 6,025 3,187 9,734 13,418 26,761 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions t oforeign official and international accounts, of which $ 2,192 million was outstanding at the end of the latest statement week. 2 Net of $ 636 milKon matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 362 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 $ 56 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 February 13, 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 163,359 9,562 50,372 5,725 10,167 15,183 3,997 23,455 4,814 2,070 7,329 10,402 20,283 Deposits: Depository institutions 24,723 896 7,824 1,029 1,044 1,420 1,905 1,846 604 572 1,008 2,097 4,478 U.S. Treasury-general account 3,974 3.974 Foreign-official accounts 268 4 155 7 10 7 12 21 4 5 7 12 24 Other 481 374 33 1 68 2 2 1 Total deposits 29,446 900 12.327 1,036 1,054 1,460 1,918 1,935 608 577 1,017 2,111 4,503 Deferred availability cash items 6,731 299 718 327 336 284 595 616 437 394 1,113 484 1,128 Other liabilities and accrued dividends1 2,236 110 749 76 130 181 60 307 65 34 106 138 280 TOTAL LIABILITIES 201,772 10,871 64,166 7,164 11,687 17,108 6,570 26,313 5,924 3,075 9,565 13,135 26,194 CAPITAL ACCOUNTS Capital paid in 1,661 45 404 80 105 81 137 233 46 54 77 132 267 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 337 16 115 10 17 25 10 46 9 4 18 22 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 205,396 10,977 65.082 7,334 11,913 17.294 6,851 26,820 6,025 3,187 9,734 13,418 26,761 IS FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 193,693 11,623 55,132 8,265 11,437 17,166 7,208 25,782 6,393 2,612 10,658 12,639 24,778 Less-Held by F.R.Banks 30,334 2,061 4,760 2,540 1,270 1,983 3,211 2,327 1,579 542 3,329 2,237 4,495 F.R. notes, net 163,359 99,,556622 5500..337722 55,,772255 1100,,116677 1155,,118833 33,,999977 2233,,445555 44,,881144 22,,007700 77,,332299 1100,,440022 20,283 Collateral held against F.R. notes: Gold certificate account 11,094 Special Drawing Rights certif. acct. 4,618 Other eligible assets -0- • U.S. govt, and agency securities 147,647 Total collateral 163,359 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