H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE "•"fSrs^V 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 June 20, 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 June 19, 1985 June 12, 1985 June 20, 1984 June 19, 1985 Reserve Bank credit: 1> 2 188,441 - 355 +11,917 190,224 U.S. government securities- Bought outright—system account 166,052 - 624 +12,702 165,431 Held under repurchase agreements — — - 1,687 — Federal agency obligations- Bought outright 8,303 - 34 198 8,303 Held under repurchase agreements — — 111 — Acceptances- Bought outright — — — — Held under repurchase agreements — — 175 — Loans to depository institutions 1,427 + 608 - 1,994 3,806 Includes: seasonal borrowing of 136 - 12 132 129 extended credit of 807 + 390 - 1,144 658 Float 769 - 257 + 15 517 Other F.R. assets 11,890 _ 48 + 3,365 12,167 Gold stock 11,090 _ 1 14 11,090 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,757 + 14 + 672 16,769 Total factors supplying reserve funds 220,906 - 342 +12,575 222,701 Currency in circulation* 185,647 + 95 +11,372 185,486 Treasury cash holdings* 597 - 1 + 67 597 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,514 + 437 - 1,567 3,541 Foreign 240 + 29 29 168 Service-related balances and adjustments 3 1,768 + 99 + 334 1,423 Other 622 + 196 + 133 567 Other F.R. liabilities and capital 6,357 + 82 + 135 6,186 Total factors, other than reserve balances, 197,745 +~ 937 +10,445 197,968 absorbing reserve funds Reserve balances with F.R. Banks4 23,162 - 1,279 + 2,132 24,734 On june 19 9 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $122,401 million, an increase of $1,575 million for the week. 1 Net of $4,696 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,268 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $5,317 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,992 million was with foreign official and international accounts. Includes $ 292 million securities loaned —fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,423 nnMlion and adjustments of $ 345 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, Wedne sday, June 19, 1985 June 12. 1985 June 20. 1984 ASSETS Gold certificate account 11,090 — - 13 Special Drawing Rights certificate account 4,618 — — Coin 482 - 7 + 29 Loans 3,806 + 3,118 - 588 Acceptances- Held under repurchase agreements _ 619 Federal agency obligations- Bought outright 8,303 — - 198 Held under repurchase agreements1 — — - 371 U.S. government securities: Bought outright—Bills 74,622 - 1,385 + 7,371 Notes 67,066 — + 3,196 Bonds 23,743 — + 1,682 Total bought outright2 165,431 _ 1,385 + 12,249 Held under repurchase agreements1 — - 5,401 Total U.S. government securities 165,431 _ 17385" + 6,848 Total loans and securities 177,540 + 1,733 + 5,072 Cash items in process of collection (1,062) 7,782 + 478 651 Bank premises 584 + 2 + 30 Other assets 3 11,583 + 286 + 3,315 TOTAL ASSETS (1,062) 213,679 + 2,492 + 7,782 LIABILITIES Federal Reserve notes 169,795 - 360 + 10,798 Deposits: Depository institutions 26,157 - 48 - 3,154 U.S. Treasury—general account 3,541 + 1,763 + 619 Foreign—official accounts 168 _ 39 _ 11 Other 567 + 135 + 162 Total deposits 30,433 + 1,811 _ 2,384 Deferred availability cash items (1,062) 7,265 + 922 _ 578 Other liabilities and accrued dividends4 2,423 + 118 _ 424 TOTAL LIABILITIES (1,062) 209,916 + 2,491 + 7,4l2 CAPITAL ACCOUNTS Capital paid in 1,716 - 1 + 177 Surplus 1,626 — + 161 Other capital accounts 421 + 2 + 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 $ 5,317 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 292 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 $ 66 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, June 19, 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 3,792 — 5,042 - 2,543 120 + 120 16 days to 90 days 14 — 38,375 928 658 - 120 91 days to 1 year — — 48,878 + 2,086 1,871 -- Over 1 year to 5 years — — 37,042 — 4,023 Over 5 years to 10 years — — 15,281 — 1,232 Over 10 years — ^^ 2200,,881133 — 339999 — Total 3,806 116655,,443311 - 1,385 88,,330033 — 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 June 19, 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 11,090 658 3,277 483 635 969 413 1,451 357 156 617 713 1,361 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 482 23 18 26 33 80 53 27 28 23 51 26 94 Loans 3,806 92 2,615 2 23 350 13. 472 19 36 140 5 39 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,303 485 2,770 291 485 732 254 915 241 109 370 537 1,114 Held under repurchase agreements 1 — — — — — — "•"• — —— "' ""'. ••"" U.S. government securities: Bought outright-Bills 74,622 4,359 24,890 2,613 4,362 6,582 2,286 8,221 2,167 983 3,329 4,823 10,007 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 2 165,431 9,664 55,180 5,793 9,671 14,591 5,067 18,225 4,803 2 ,180 7,379 10,693 22,185 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 165,431 9,664 55,180 5,793 9,671 14,591 5,067 18,225 4,803 2 ,180 7,379 10,693 22,185 Total loans and securities 177,540 10,241 60,565 6,086 10,179 15,673 5,334 19,612 5,063 2 ,325 7,889 11,235 23,338 Cash items in process of collection 8,844 455 1,155 452 277 415 817 644 561 453 1,411 758 1,446 Bank premises 584 94 27 49 28 102 45 22 17 25 40 19 116 Other assets 3 11,583 314 2,055 316 463 516 468 4,555 215 194 336 987 1.164 Interdistrict settlement account -0- + 124 - 4,302 - 251 - 43 - 106 -I- 977 + 1,684 + 225 + 493 - 80 + 216 + 1,063 TOTAL ASSETS 214,741 12,150 64,130 7,386 11,874 18,057 8,268 28,641 6,636 3 ,730 10,505 14,264 29,100 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 S -o- million was outstanding at the end of the latest statement week. 2 Net of $ 5,317 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 292 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 $ 66 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 June 19, 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 169,795 10,161 51,881 5,527 10,202 15,600 4,633 24,428 5,078 2,406 7,705 10,779 21,395 Deposits: Depository institutions 26,157 1,318 5,510 1,144 990 1,655 2,525 2,671 872 678 1,125 2,281 5,388 U.S. Treasury-general account 3,541 — 3,541 — — — — — — — — — — Foreign—official accounts 168 4 54 7 10 7 13 21 4 5 7 12 24 Other 567 1 481 — 1 9 — 70 — 1 2 1 1 Total deposits 30,433 1,323 9,586 1,151 1,001 1,671 2,538 2,762 876 684 1,134 2,294 5,413 Deferred avai ability cash items 8,327 419 909 455 299 376 722 665 510 443 1,391 741 1,397 Other liabilities and accrued dividends 1 2,423 136 779 82 141 207 83 270 69 81 107 153 315 TOTAL LIABILITIES 210,978 12,039 63,155 7,215 11,643 17,854 7,976 28,125 6,533 3,614 10,337 13,967 28,520 CAPITAL ACCOUNTS Capital paid in 1,716 46 433 80 106 87 141 236 47 56 77 138 269 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 421 20 145 11 21 36 17 52 10 6 17 30 56 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 214,741 12,150 64,130 7,386 11,874 18,057 8,268 28,641 6,636 3,730 10,505 14,264 29,100 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 199,819 12,356 56,670 8,021 11,504 17,928 7,605 26,457 6,515 3,041 11,197 12,613 25,912 Less-Held by F.R. Banks 30,024 2,195 4,789 2,494 1,302 2,328 2,972 2,029 1,437 635 3,492 1,834 4,517 F.R. notes, net 169,795 10,161 51,881 5,527 10,202 15,600 4,633 24,428 5,078 2,406 7,705 10,779 21,395 Collateral held against F.R. notes: Gold certificate account 11,090 Special Drawing Rights cert if. acct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 154,087 Total collateral 169,795 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