H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE -f«^«x 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 25, 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 AApprriill 2244,, April 17, AApprriill 2255,, April 24, 1985 P1985 11998844 1985 Reserve Bank credit: 1- 2 186,236 610 + 8,558 189,571 U.S. government securities- Bought outright—system account 163,900 325 + 9,494 166,717 Held under repurchase agreements — — - 2,258 — Federal agency obligations- Bought outright 8,372 — 184 8,372 Held under repurchase agreements — — 313 — Acceptances- Bought outright — — — — Held under repurchase agreements — — 172 — Loans to depository institutions 1,118 80 595 1,480 Includes: seasonal borrowing of 134 + 7 14 137 extended credit of 669 194 + 618 788 Float 665 4- 66 169 416 Other F.R. assets 12,181 271 + 2,754 12,586 Gold stock 11,092 1 17 11,091 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,646 + 14 + 686 16,658 Total factors supplying reserve funds 218,592 597 + 9,227 221,938 Currency in circulation* 180,816 882 +10,063 180,545 Treasury cash holdings* 580 + 10 + 52 586 Deposits, other than reserve balances, with F.R. Banks: Treasury 6,016 + 2,296 - 2,591 8,868 Foreign 204 27 3 180 Service-related balances and adjustments 3 1,543 44 82 1,326 Other 371 282 + 18 315 Other F.R. liabilities and capital 6,407 + 221 + 2_^1 6,229 Total factors, other than reserve balances, absorbing reserve funds 195,937 + 1,291 + 7,738 198,049 Reserve balances with F.R. Banks 4 22,655 - 1,888 + 1,489 23,889 On April 24, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 116,686 million, an increase of $ 399 million for the week. 1 Net of $5,753 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,932 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,950 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,950 million was with foreign official and international accounts. Includes $ 435 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,326 million and adjustments of $ 217 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 24, 1985 April 17, 1985 April 25, 1984 ASSETS Gold certificate account 11,091 2 18 Special Drawing Rights certificate account 4,618 Coin 542 5 + 54 Loans 1,480 + 210 - 4,854 Acceptances- — — - 349 Held under repurchase agreements Federal agency obligations- Bought outright 8,372 — — 184 Held under repurchase agreements 1 — — ~ 325 U.S. government securities: Bought outright—Bills 75,908 + 2,278 + 7,022 Notes 67,269 — + 3,142 Bonds 2233,,554400 — ++ 1,736 Total bought outright2 116666,,771177 + 2,278 ++ 11,900 Held under repurchase agreements1 — — 3,514 Total U.S. government securities 166,717 + 2,278 .. ++ 8,386 Total loans and securities 176,569 + 2,488 + 2,674 Cash items in process of collection (1,021) 7,679 404 - 677 Bank premises 576 — + 28 Other assets3 12,010 - 911 + 2,902 TOTAL ASSETS ((11,,002211)) 213,085 + 1,166 ++ 4,963 LIABILITIES Federal Reserve notes 165,015 - 955 + 9,335 Deposits: Depository institutions 25,215 - 1,365 + 1,397 U.S. Treasury—general account 8,868 + 4,584 - 5,177 Foreign—official accounts 180 25 - 71 Other 315 509 - 4 Total deposits 34,578 + 2,685 - 3,855 Deferred availability cash items (1,021) 7,263 722 - 739 Other liabilities and accrued dividends4 2,520 + 142 - 140 TOTAL LIABILITIES (1,021) 209,376 + 1,150 + 4,601 CAPITAL ACCOUNTS Capital paid in 1,687 — + 169 Surplus 1,626 — + 161 Other capital accounts 396 + 16 + 32 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 $ 2,950 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 435 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 $ 63 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 24, 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 1,458 4,438 184 148 75 16 days to 90 days 22 39,293 88 465 + 67 91 days to 1 year 49,570 2,374 1,941 22 Over 1 year to 5 years 37,986 4,135 + 30 Over 5 years to 10 years 14,638 1,284 Over 10 years 20,792 399 Total 1,480 166,717 2,278 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 24, 1985 Millions of dollars Kansas ^.- ... . Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas ASSETS | 1 Francisco Gold certificate account 11,091 658 3,278 483 635 969 413 1,451 357 156 617 713 1,361 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 542 30 20 32 42 79 54 38 33 24 52 33 105 Loans 1,480 66 18 25 20 130 12 807 150 30 205 3 14 Acceptances held under repurchase agreements — — — — — — — - — — — — Federal agency obligations: Bought outright 8,372 489 2,793 293 489 738 257 922 243 110 374 541 1,123 Held under repurchase agreements 1 — — — — — — — ~ — — — -- — U.S. government securities: Bought outright—Bills 75,908 4,434 25,319 2,658 4,438 6,695 2,325 8,363 2,204 1,000 3,386 4,906 10,180 Notes 67,269 3,930 22,438 2,356 3,932 5,933 2,060 7,411 1,953 887 3,000 4,348 9,021 Bonds 23,540 1,375 7,852 824 1,376 2,077 721 2,593 683 310 1,050 1,522 3,157 Total bought outright 2 166,717 9,739 55,609 5,838 9,746 14,705 5,106 18,367 4,840 2,197 7,436 10,776 22,358 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 166,717 9,739 55,609 5,838 9,746 14,705 5,106 18,367 4,840 2,197 7,436 10,776 22,358 Total loans and securities 176,569 10,294 58,420 6,156 10,255 15,573 5,375 20,096 5,233 2,337 8,015 11,320 23,495 Cash items in process of collection 8,700 349 1,083 474 335 108 679 629 611 454 1,194 1,249 1,535 Bank premises 576 94 25 49 28 103 42 22 17 25 38 19 114 Other assets 3 12,010 349 2,279 334 487 549 472 4,531 237 194 362 1,055 1,161 Interdistrict settlement account -0- - 358 + 70 - 642 - 414 + 131 + 683 + 788 - 48 + 420 - 412 - 159 - 59 TOTAL ASSETS 214,106 11,657 66,510 7,111 11,670 17,920 7,879 28,201 6,610 3,671 10,107 14,540 28,230 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 $ 2,950 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 435 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 $ 63 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 24, 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 165,015 10,100 49,622 5,412 10,114 15,352 4,676 23,764 5,032 2,440 7,663 10,325 20,515 Deposits: Depository institutions 25,215 910 5,087 939 862 1,826 2,158 2,981 822 626 938 2,658 5,408 U.S. Treasury-general account 8,868 8,868 Foreign—official accounts 180 4 67 7 10 7 12 21 4 5 7 12 24 Other 315 4 210 1 23 1 70 3 2 1 Total deposits 34,578 918 14,232 947 872 1,856 2,171 3,072 826 631 948 2,672 5,433 Deferred availability cash items 8,284 387 873 495 308 303 660 559 576 446 1,217 1,088 1,372 Other liabilities and accrued dividends 1 2,520 145 840 86 148 217 85 284 73 40 111 161 330 TOTAL LIABILITIES 210,397 11,550 65,567 6,940 11,442 17,728 7,592 27,679 6,507 3,557 9,939 14,246 27,650 CAPITAL ACCOUNTS Capital paid in 1,687 46 415 80 105 82 140 236 47 55 77 136 268 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 396 16 131 11 19 30 13 58 10 5 17 29 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 214,106 11,657 66,510 7,111 11,670 17,920 7,879 28,201 6,610 3,671 10,107 14,540 28,230 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 196,630 12,264 54,813 7,986 11,629 17,312 8,039 25,869 6,552 2,922 11,382 12,480 25,382 Less-Held by F.R. Banks 31,615 2,164 5,191 2,574 1,515 1,960 3,363 2,105 1,520 482 3,719 2,155 4,867 F.R. notes, net 165,015 1100,,110000 4499,,662222 55,,441122 1100,,111144 1155,,335522 44,,667766 2233,,776644 55,,003322 22,,444400 77,,666633 1100,,332255 20,515 Collateral held against F.R. notes: Gold certificate account 11,091 Special Drawing Rights certif. acct. 4,618 Other eligible assets U.S. govt, and agency securities j 149,306 Total collateral 165,015 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