H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and ••f«Sf5^ Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time April 11, 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 •k April 10. 1985 April % 1985 April 11, 1984 April 10. 1985 Reserve Bank credit: 1> 2 184,754 + 1,125 +13,247 187,547 U.S. government securities- Bought outright—system account 161,541 + 1,355 +10,429 162,407 Held under repurchase agreements — - 334 — — Federal agency obligations- Bought outright 8,372 — - 185 8,372 Held under repurchase agreements — 21 ~ — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,863 + 176 + 350 3,467 Includes: seasonal borrowing of 117 8 4 119 extended credit of 1,288 13 + 1,251 1,496 Float 897 + 367 447 938 Other F.R. assets 12,081 418 + 3,100 12,363 Gold stock 11,093 — 18 11,093 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,604 + 14 + 668 16,616 Total factors supplying reserve funds 217,069 + 1,139 +13,897 219,874 Currency in circulation** 181,416 + 1,860 +11,020 182,497 Treasury cash holdings** 570 + 12 + 55 570 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,189 + 1,208 + 1,091 2,177 Foreign 191 60 17 227 Service-related balances and adjustments 3 1,568 81 + 26 1,359 Other 364 34 65 321 Other F.R. liabilities and capital 6,515 57 + 202 6,090 z Total factors, other than reserve balances, absorbing reserve funds 194,813 + 2,848 +12,313 193,241 Reserve balances with F.R. Banks 4 22,257 - 1,708 + 1,585 26,633 On April 10, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 115,271 million, a decrease of $ 3,527million for the week. 1 Net of $2,627 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,627 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 1,887 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,887 million was with foreign official and international accounts. Includes $423 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,359 million and adjustments of $209 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Chicago District). * * 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 10, 1985 April 3, 1985 April 11, 1984 ASSETS Gold certificate account 11,093 16 Special Drawing Rights certificate account 4,618 — Coin 551 7 + 37 Loans 3,467 + 2,643 + 1,042 Acceptances— Held under repurchase agreements Federal agency obligations- Bought outright 8,372 184 Held under repurchase agreements 1 U.S. government securities: Bought outright—Bills 72,893 + 3,566 + 6,369 Notes 66,070 + 3,149 Bonds 23,444 — + 1,917 Total bought outright^ 162,407 + 3,566 + 11,435 Held under repurchase agreements1 — Total U.S. government securities 162,407 + 3,566 + 11,435 Total loans and securities 174,246 + 6,209 + 12,293 Cash items in process of collection (1,002) 7,346 - 395 - 793 Bank premises 575 + 1 + 26 Other assets 3 11 788 + 219 + 3,193 TOTAL ASSETS (1,002) 210,217 + 6,027 + 14,740 LIABILITIES Federal Reserve notes 167,002 +. 1,993 + 10,880 Deposits: Depository institutions 27,992 + 5,392 + 5,101 U.S. Treasury—general account 2,177 - 506 - 650 Foreign—official accounts 227 + 35 + 10 Other 321 - 81 - 100 Total deposits 30, 717 + 4,840 + 4,361 Deferred availability cash items (1,002) 6 ,408 - 544 - 968 Other liabilities and accrued dividends4 2 ,402 + 24 + 72 TOTAL LIABILITIES (1,002) 206,529 + 6,313 + 14,345 CAPITAL ACCOUNTS _ Capital paid in 1,685 2 + 171 Surplus 1,626 + 2 + 161 I Other capital accounts 377 - 286 + 63 * 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 $ 1,296 million was outstanding at the end of the latest statement week. 2 Net of $ 1,887 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 423 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 $ 62 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. **Estimated (Chicago District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, April 10, 1985 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximim maturity of the agreements. U.S. government securities Federal agency obligations Loans Acceptances Holdings | Weekly changes Holdings |Weekly changes Within 15 days 3,414 6,199 1,092 149 + 129 16 days to 90 days 53 36,216 1,468 432 - 149 91 days to 1 year 47,625 1,006 2,003 + 38 Over 1 year to 5 years 37,125 4,105 - 38 Over 5 years to 10 years 14,546 1,284 + 20 Over 10 years 20,696 399 Total 3,467 162,407 + 3,566 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 April 10, 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 11,093 599 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 551 31 20 31 42 77 54 38 35 24 54 36 109 Loans 3,467 96 952 23 34 56 1 1,500 19 31 65 1 689 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 72,893 3,669 24,471 2,449 4,036 6,075 1,731 9,952 2,091 981 3,474 4,617 9,347 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 2 162,407 8,174 54,522 5,456 8,992 13,535 3,858 22,173 4,659 2 ,186 7,740 10,288 20,824 Held under repurchase agreements 1 — — — — — -- — — — — — — — Total U.S. government securities 162,407 8,174 54,522 5,456 8,992 13,535 3,858 22,173 4,659 2 ,186 77740 10,288 20,824 Total loans and securities 174,246 8,691 58,285 5,760 9,490 14,289 4,058 24,816 4,918 2 ,330 8,204 10,819 22,586 Cash items in process of collection 8,348 367 1,042 402 343 559 486 1,306 465 405 1,213 446 1,314 Bank premises i 575 94 25 49 28 103 42 22 17 25 37 19 114 Other assets 3 11,788 307 2,190 320 455 501 446 4,663 232 193 356 1,025 1,100 Interdistrict settlement account -0- 1 +1,387 - 4,552 - 255 + 737 + 1,283 + 2,295 - 3,983 + 430 + 4 47 - 477 + 1,028 + 1,660 TOTAL ASSETS 211,219 11,717 61,699 7,047 12,014 18,189 7,902 29,018 6,624 3 ,645 10,236 14,409 28,719 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 $ 1,296 million was outstanding at the end of the latest statement week. 2 Net of $ 1,887 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 423 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 $ 62 million in Treasury Bills maturing within 90 days. Estimated (Chicago District). 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 10, 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 167,002 10,132 49,809 5,577 10,199 15,508 4,456 24,914 5,163 2,437 7,673 10,524 20,610 Deposits: Depository institutions 27.992 940 6,770 862 1,172 1,857 2,423 2,535 839 643 1,093 2,893 5,965 U.S. Treasury—general account 2,177 2,177 Foreign—official accounts 227 4 114 7 10 7 12 21 4 5 7 12 24 Other 321 1 218 1 26 1 69 2 2 1 Total deposits 30,717 945 9,279 869 1,183 1,890 2,436 2,625 843 648 1,102 2,907 5,990 Deferred availability cash items 7,410 415 878 349 273 403 654 619 448 410 1,180 538 1,243 Other liabilities and accrued dividends 1 2,402 117 796 82 131 196 71 345 68 36 112 149 299 TOTAL LIABILITIES 207,531 11,609 60,762 6,877 11,786 17,997 7,617 28,503 6,522 3,531 10,067 14,118 28,142 CAPITAL ACCOUNTS Capital paid in 1,685 46 415 80 105 82 139 236 47 55 77 135 268 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 377 17 125 10 19 30 12 51 9 5 18 27 54 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 211,219 11,717 61,699 7,047 12,014 18,189 7,902 29,018 6,624 3,645 10.236 14,409 28,719 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 195,990 12,202 55,031 8,065 11,474 17,199 7,611 26,141 6,590 2,859 11,278 12,580 24,960 Less-Held by F.R. Banks 28,988 2,070 5,222 2,488 1,275 1,691 3,155 1,227 1,427 422 3,605 2,056 4,350 F.R. notes, net 167,002 1100,,113322 4499,,880099 55,,557777 1100,,119999 1155,,550088 44,,445566 2244,,991144 55,,116633 22,,443377 77,,667733 1100,,552244 20,610 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 151,291 Total collateral 167,002 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Chicago District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis