H.4.1 Factors Affecting Reserve Balances of Depository Institutions

:of covi FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and *AL Rt Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time May 16, 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 May 15, 1985 May 8, 1985 May 16, 1984 Ma;- 15, 1985 Reserve Bank credit: 1> 2 187,967 - 7,625 +13,092 186,438 U.S. government securities- Bought outright—system account 164,869 - 3,295 +12,263 164,212 Held under repurchase agreements ~ - 4,417 — — Federal agency obligations- Bought outright 8,364 7 - 152 8,363 Held under repurchase agreements — - 343 — ~ Acceptances- Bought outright — — — __ Held under repurchase agreements — — — — Loans to depository institutions 1,393 + 759 - 3,220 1,483 t Includes: seasonal borrowing of 146 " 18 41 148 extended credit of 554 + 435 + 503 320 Float 574 122 + 563 982 Other F.R. assets 12,766 201 + 3,637 11,397 Gold stock 11,091 __ 16 11,091 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,688 + 14 + 675 16,700 Total factors supplying reserve funds 220,364 - 7,611 +13,751 218,847 Currency in circulation** 182,900 + 985 +10,732 183,114 Treasury cash holdings** 600 + 3 + 54 602 Deposits, other than reserve balances, with F.R. Banks: Treasury 6,883 - 5,674 + 3,362 3,414 Foreign 241 + 22 + 11 319 Service-related balances and adjustments 3 1,512 + 9 + 132 1,322 Other 647 + 105 + 136 1,469 Other F.R. liabilities and capital 6,290 93 + 513 6,123 Total factors, other than reserve balances, 199,074 - 4 ,,642 +14,941 196,363 absorbing reserve funds Reserve balances with F.R. Banks 4 21,290 - 2,969 - 1,189 22,484 On May 15, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 118,116 million, an increase of $605 million for the week. 1 Net of $ 3,945 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,945 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,574 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,574 million was with foreign official and international accounts. Includes $145 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,322 million and adjustments of $190 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. •Estimated (Atlanta 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, May 15, 1985 Mav ». iQfts MPV 16. 1984 ASSETS Gold certificate account 11,091 — - 16 Special Drawing Rights certificate account 4,618 — — Coin 525 - 11 + 51 Loans 1,484 + 1,057 - 3,975 Acceptances- — — — Held under repurchase agreements Federal agency obligations- Bought outright 8,363 - 8 153 Held under repurchase agreements'! — - 214 — U.S. government securities: Bought outright—Bills 73,403 - 3,448 + 9,917 Notes 67,066 _ 203 •f 3,196 Bonds 23,743 + 203 + 1,682 Total bought outright2 164,212 - 3,448 -f 14,795 Held under repurchase agreements'! __ -- 22,,114411 — Total U.S. government securities 164,212 55,,558899 14,795 Total loans and securities 174,059 _ 4,754 -.- 10,667 Cash items in process of collection (971) 10,844 + 3,896 -h 2,409 Bank premises 582 + 4 + 27 Other assets3 10,815 _ 1,758 + 3,385 TOTAL ASSETS ((997711)) 212,534 -- 2,623 ++ 16,523 LIABILITIES Federal Reserve notes 167,541 + 502 -4- 10,353 Deposits: Depository institutions 23,806 - 3,601 + 4,578 U.S. Treasury—genera! account 3,414 - 4,112 - 1,682 Foreign—official accounts 319 + 52 + 90 Other 1,469 + 965 + 976 Total deposits 29,008 - 6,696 + 3,962 Deferred availability cash items (971) 9,862 + 3,634 + 1,648 Other liabilities and accrued dividends4 2,375 _ 63 + 182 TOTAL LIABILITIES (971) 208,786 2,623 + 16,145 CAPITAL ACCOUNTS Capital paid in 1,711 + 6 + 182 Surplus 1,626 — + 161 Other capital accounts 411 - 6 + 35 * 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 $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 4,574 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 145 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 $ 69 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 (Atlanta District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, May 15, 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 1,410 5,281 - 7,309 67 _ 155 16 days to 90 days 74 — 35,751 + 1,488 631 - 38 91 days to 1 year — — 49,954 360 1,949 + 20 Over 1 year to 5 years — — 37,132 72 4,088 + 6 Over 5 years to 10 years — — 15,281 + 643 1,229 55 Ov T er o t 1 a 0 l years 1,48 — 4 ••^^ 11 22 66 00 44,, ,, 22 88 11 11 22 33 ++ -- 55,,5588 22 99 11 88,,33 33 66 99 33 99 __ 222 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 May ]5> 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 11,091 658 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 525 29 21 31 38 82 55 32 29 24 51 30 103 Loans 1,484 16 11 274 629 9 317 16 44 148 3 17 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,363 488 2,790 293 489 738 256 921 243 110 373 540 1,122 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 73,403 4,288 24,483 2,571 4,291 6,475 2,248 8,087 2,131 967 3,274 4,744 9,844 Notes 67,066 3,918 22,370 2,349 3,921 5,915 2,054 7,388 1,947 884 2,991 4,335 8,994 Bonds 23,743 1,387 7,920 831 1,388 2,094 727 2,616 689 313 1,059 1,535 3,184 Total bought outright 2 164,212 9,593 54,773 5,751 9,600 14,484 5,029 18,091 4,767 2,164 7,324 10,614 22,022 Heid under repurchase agreements 1 Total U.S. government securities 16472T2" ~9T593T 54,773 "5775T "97600 147484" 5,029 18,091 4,767 2,164 7,324 10,614 22,022 Total loans and securities 174,059 10,097 57,563 ,055 10,363 15,851 5,294 19,329 5,026 2,318 7,845 11,157 23,161 Cash items in process of collection 11,815 502 2,772 416 389 903 877 1,082 564 481 1,406 693 1,730 Bank premises 582 94 26 49 28 105 43 22 17 25 39 19 115 Other assets 3 10,815 263 1,897 285 408 433 496 4,420 3 94 179 298 964 978 Interdistrict settlement account -0- __ ^15 - 2,05_5_ 595 - 305 - 753 3,087 f 1,804 + 52 + 324 - 196 - 501 - 847 TOTAL ASSETS 2137505" 11,869 "647837" ,94 9~ 11,858 17,998 10,426 28,786 6,409 3,568 10,301 13,385 27,119 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 $ 4 , S74 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 145 million securities lotfned-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 $ 69 million in Treasury Bills maturing within 90 days. * Estimated (Atlanta 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 May 15, 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 167,541 10,244 50,948 5,448 10,378 15,531 4,278 24,316 5,096 2,431 7,724 10,567 20,580 Deposits: Depository institutions 23,806 974 6,097 931 796 1,598 2,107 2,870 584 570 961 1,822 4,496 U.S. Treasury—general account 3,414 — 3,414 — — — Foreign-official accounts 319 4 206 7 10 7 12 21 4 5 7 12 24 Other 1,469 1 1,342 — — 17 2 87 1 8 4 Total deposits 29,008 979 11,059 938 806 1,622 2,121 2,978 588 576 976 1,841 4,524 Deferred availability cash items 10,833 403 1,078 313 309 452 3,655 715 513 412 1,330 524 1,129 Other liab lities and accrued ddiivviiddeennddss 11 22,,337755 113322 777788 7799 135 198 83 261 109 34 103 158 305 TTOOTTAALL LLIIAABBIILLIITTIIEESS 220099,,77**5577 ""1111,,775588 6633,,886633 66,,77>>88 11,628 17,803 10,137 28,270 6,306 3,453 10,133 13,090 26,538 CAPITAL ACCOUNTS Capital paid in 1,711 46 433 80 105 84 140 237 47 56 77 137 269 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 411 20 144 11 2211 3311 15 51 10 5 17 29 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 213,505 11,869 64,837 6,949 11,858 17,998 10,426 28,786 6,409 3,568 10,301 13,385 27,119 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 197,533 12,337 55,742 7,922 11,703 17,569 7,339 26,444 6,492 2,919 11,327 12,558 25,181 Less-Held by F.R. Banks 29,992 22,,009933 44,,779944 22,,447744 1,325 2,038 3,061 2,128 1,396 488 3,603 1,991 4,601 F.R. notes, net ~1 167,541 1100,,224444 5500,,994488 ""55,,444488 10,378 15,531 4,278 24,316 5,096 2,431 7,724 10,567 20,580 Collateral held against F.R. notes: Gold certificate account 11,091 Special Drawing Rights certif. acct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 151,832 Total collateral 167,541 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. •^Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis