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 April 4, 1985 Averages of daily figures (mil ions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday AApprriill 33,, 7 RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss _ m - kml 4, April 3, 11998855 Reserve Bank credit: 1« 2 183,629 + 2,488 + 13,835 180,969 U.S. government securities- Bought outright—system account 160,186 + 450 + 9,744 158,841 Held under repurchase agreements 334 + 334 + 334 — Federal agency obligations- Bought outright 8,372 — - 186 8,372 Held under repurchase agreements 21 + 21 + 21 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,687 + 790 + 573 824 Includes: seasonal borrowing of 125 + 21 - 17 121 extended credit of 1,301 + 786 + 1,265 528 Float 530 + 290 - 184 789 Other F.R. assets 12,499 + 603 + 3,532 12,143 Gold stock 11,093 — - 18 11,093 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,590 + 14 + 671 16,602 Total factors supplying reserve funds 215,930 + 2,502 + 14,488 1 213,282 Currency in circulation* 179,556 + 706 + 10,511 180,485 Treasury cash holdings* 558 + 4 + 43 569 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,981 - 1,299 - 773 2,683 Foreign 251 + 46 + 15 192 Service-related balances and adjustments 3 1,554 + 16 - 123 1,264 Other 398 _ 75 - 138 402 Other F.R. liabilities and capital 6,572 + 310 + 698 6,352 Total factors, other than reserve balances, absorbing reserve funds 191,870 - 293 + 10,233 191,947 Reserve balances with F.R. Banks 4 24,060 + 2,794 + 4,255 21,336 On April 3, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $118,798 million, an increase of $ 3»71^nillion for the week. 1 Net of $2,170 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,170 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,571 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,571 million was with foreign official and international accounts. Includes $ 174 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,244 million and adjustments of $ 290 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

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since •• WWeeddnneessddaayy Wednesday, Wednesday, April 3, 1985 March 27, 1984 April 4, 1984 ASSETS Gold certificate account 11,093 — - 18 Special Drawing Rights certificate account 4,618 — •—~ Coin 558 + 10 + 44 Loans 824 + 439 + 236 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,372 — 186 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 69,327 - 328 + 2,748 Notes 66,070 — + 3,149 Bonds 23,444 — + 1,917 Total bought outright* 158,841 - 328 + 7,814 Held under repurchase agreements1 — — — Total U.S. government securities 158,841 328 ++ 7,814 Total loans and securities 168,037 + 111 + 7,6-4 Cash items in process of collection (1,112) 7,741 + 1,312 _ 2,495 Bank premises 574 _ 2 + 25 Other assets 3 11,569 + 32 + 3,095 TOTAL ASSETS ((11..111122)) 204,190 ++ "" 1,463 ++ 8,515 LIABILITIES Federal Reserve notes 165,009 + 1,494 + 10,165 Deposits: Depository institutions 22,600 + 503 + 2,727 U.S. Treasury—general account 2,683 - 1,521 - 2,018 Foreign—official accounts 192 - 24 - 8 Other 402 - 37 - 55 Total deposits 25,877 - 1,079 + 646 Deferred availability cash items (1,112) 6,952 + 797 - 2,950 Other liabilities and accrued dividends4 2,378 _ 34 + 38 TOTAL LIABILITIES (1,112) 200,216 + 1,178 + 7,899 CAPITAL ACCOUNTS Capital paid in 1,687 + 2 + 186 Surplus 1,624 + 159 Other capital accounts 66.3. + 283 + 271 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 $ 3,571 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 174 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 a count at Chicago of $ 70 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, April 3, 1985 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maxinu maturity of the agreements. U.S. government securities Federal agency obligations Loans Acceptances Holdings | Weekly changes Holdings [Weekly changes Within 15 days 755 5,107 - 286 20 - 122 16 days to 90 days 67 34,748 + 4 581 + 120 91 days to 1 year 46,619 + 138 1,965 + 23 Over 1 year to 5 years 37,125 - 184 4,143 21 Over 5 years to 10 years 14,546 1,264 Over 10 years 20,696 399 Total 822 158,841 328 8,372 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 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,093 599 3,354 515 617 969 360 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 558 31 21 32 43 78 56 38 34 24 54 37 110 Loans 824 31 6 48 39 36 4 522 18 31 66 1 22 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 ' — — — — — — — — — — — — — U.S. government securities: Bought outright—Bills 69,327 3,489 23,274 2,329 3,839 5,778 1,646 9,465 1,989 933 3,304 4,391 8,890 Certificates: Special Other Notes 66,070 3,325 22,181 2,219 3,658 5,506 1,570 9,020 1,896 889 3,149 4,186 8,'471 Bonds 23,444 1,180 7,870 788 1,298 1,954 557 3,201 672 316 1,117 1,485 3,006 Total bought outright 2 158,841 7,994 53,325 5,336 8,795 13,238 3,773 21,686 4,557 2 ,138 7,570 10,062 20,367 Held under repurchase agreements 1 — — — — — -- — ~ — — — — Total U.S. government securities 158,841 7,994 53,325 5,336 8,795 13,238 3,773 21,686 4,557 _7 TW 7,570 10,062 20,367 Total loans and securities 168,037 1 8,446 56,142 5,665 9,298 13,972 3,976 23,351 4,815 2 ,282 8,035 10,593 21,462 Cash items in process of collection i 8,853 371 1 ,118 404 305 415 980 664 507 440 1,405 733 1,511 Bank premises [ 574 95 25 49 28 103 42 21 17 24 • 37 19 114 Other assets 3 11,569 291 2,076 317 442 484 495 4,610 218 190 348 1,021 1,077 Interdistrict settlement account -0- + 1,491 - 3,821 218 + 684 + 936 +1,670 - 2,883 + 162 + 211 - 701 + 334 + 2,135 TOTAL ASSETS 205,302 11,565 60,250 6,989 11,719 17,365 7,740 27,957 6,280 3 ,392 10,027 13,773 28,245 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 $ 3,571 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 174 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 $ 70 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 April 3, 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 165,009 9,937 49,477 5,572 10,047 15,345 4,516 24,052 5,103 2,396 7,498 10,443 20,623 Deposits: Depository institutions 22,600 969 4,823 810 1,013 1,234 2,008 2,293 516 371 835 2,289 5,439 U.S. Treasury-general account 2,683 — 2,683 — — — — — — — — — — Foreign—official accounts 192 4 78 7 10 7 13 21 4 5 7 12 24 Other 402 2 274 — — 40 — 78 __ 1 2 3 2 Total deposits 25,877 975 7,858 817 1,023 1,281 2,021 2,392 520 377 844 2,304 5,465 Deferred availability cash items 8,064 422 1,109 333 302 343 813 619 478 460 1,390 562 1,233 Other liabilities and accrued dividends 1 2,378 116 793 81 130 191 78 326 67 35 114 149 298 TOTAL LIABILITIES 201,328 11,450 59,237 6,803 11,502 17,160 7,428 27,389 6,618 3,268 9,846 13,458 27,619 CAPITAL ACCOUNTS Capital paid in 1,687 46 415 80 105 82 139 236 47 57 77 135 268 Surplus 1,624 45 397 80 104 80 134 228 46 52 74 129 255 Other capital accounts 663 24_ 201 26 8 43 39 104 19 15 30 51 103 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 205,302 11,565 60,250 6,989 11,719 17,365 7,740 27,957 6,280 3,392 10,027 13,773 28,245 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 196,118 12,093 55,095 8,108 11,365 17,165 7,877 26,101 6,607 2,866 11,134 12,649 25,058 Less-Held by F.R. Banks 31,109 2,156 5,618 2,536 1,318 1,820 3,361 2,049 1,504 470 3,636 2,206 4,435 F.R. notes, net 165,009 9,937 49,477 5,572 10,047 15,345 4,516 24,052 5,103 2,396 7,498 10,443 20,623 Collateral held against F.R. notes: Gold certificate account 11,093 Special Drawing Rights certif. acct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 149,298 Total collateral 165,009 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