H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•:oQ£Sta»\- FEDERAL RESERVE Factors Affecting Reserve Balances of Depository ln%fittitio»s and Condition Statement of F.R. Banks For release at 4:30 p.m. Eastern time June 27, 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 JJuunnee 2266,, June 19, June 27, June 26, 11998855 198S IQftA Reserve Bank credit: 1< 2 188,052 438 + 11,482 188,027 U.S. government securities- Bought outright—system account 166,709 + 657 + 13,846 166,282 Held under repurchase agreements 2,269 Federal agency obligations- Bought outright 8,303 198 8,303 Held under repurchase agreements 255 Acceptances- Bought outright Held under repurchase agreements 241 Loans to depository institutions 735 692 2,238 776 Includes: seasonal borrowing of 149 + 13 137 166 extended credit of 493 314 1,521 470 Float 314 484 492 391 Other F.R. assets 11,991 + 81 + 3,330 12,275 Gold stock 11,090 13 11,090 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,771 + 14 + 671 16,783 Total factors supplying reserve funds 220,531 424 + 12,140 220,518 Currency in circulation* 185,150 497 + 11,129 185,427 Treasury cash holdings* 594 3 + 67 588 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,754 + 1,240 + " 353 3,892 Foreign 210 30 26 243 Service-related balances and adjustments 3 1,605 163 + 178 1,345 Other 400 222 + 41 349 Other F.R. liabilities and capital 6,307 50 639 6,144 Total factors, other than reserve balances, absorbing reserve funds 198,020 + 275 + 11,102 197,988 Reserve balances with F.R. Banks 4 22,511 700 + 1.037 22,530 On June 26, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $121,759 million, a decrease of $642 million for the week. 1 Net of $ 4,039 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $4,039 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,466 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,466 million was with foreign official and international accounts. Includes $ 723 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,345 million and adjustments of $ 260 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 Change since •• WWeeddnneessddaayy Wednesday, Wednesday, _June 2,6, 19P^ June 19, 1?85 JtfiIfi-27. 1984 ASSETS | Gold certificate account 11,090 10 Special Drawing Rights certificate account 4,618 — Coin 481 1 + 36 Loans 776 3,030 - 2,556 Acceptances— Held under repurchase agreements Federal agency obligations- Bought outright 8,303 198 Held under repurchase agreements1 U.S. government securities: Bought outright—Bills 75,473 + 851 + 8,497 Notes 67,066 — + 3,196 Bonds 2233,,774433 — +++ 1,682 Total bought outright2 116666,,228822 +++ 851 +++ 13,375 Held under repurchase agreements1 Total U.S. government securities 166,282 +++ 851 +++ 13,375 Total loans and securities 175,361 - 2,179 + 10,621 Cash items in process of collection (905) 6,316 - 1,466 - 1,195 Bank premises 583 - 1 + 28 Other assets3 11,692 + 109 + 3,462 TOTAL ASSETS (905) 210,141 33,,553388 ++ 12,942 LIABILITIES Federal Reserve notes 169,713 8822 ++ 10,417 Deposits: Depository institutions 23,875 _ 2,282 + 3,159 U.S. Treasury—general account 3,892 + 351 + 359 Foreign—official accounts 243 + 75 — Other 349 - 218 + 39 Total deposits 28,359 - 2,074 + 3,557 Deferred availability cash items (905) 5,925 - 1,340 - 1,234 Other liabilities and accrued dividends4 2,381 - 42 - 149 TOTAL LIABILITIES (905) 206,378 - 3,538 + 12,591 CAPITAL ACCOUNTS Capital paid in 1,721 + 5 + 180 Surplus 1,626 — + 161 Other capital accounts 416 - 5 + 10 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 $ 4,466 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 723 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 $ 67 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 26, 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 759 7,230 + 2,188 159 + 39 16 days to 90 days 17 37,122 - 1,253 619 - 39 91 days to 1 year 48,794 84 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 20,813 399 Total 776 166,282 851 8,303 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

n.H. i \ui STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON June 26,1985 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 Coin 481 23 17 26 32 81 53 26 27 23 50 30 93 Loans 776 11 1 8 10 348 16 49 42 54 213 7 17 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 75,473 4,409 25,174 2,643 4,411 6,657 2,312 8,315 2,191 994 3,367 4,878 10,122 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 2 166,282 9,714 55,464 5,823 9,720 14,666 5,093 18,319 4,827 2 ,191 7,417 10,748 22,300 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 166,282 9,714 55,464 5,823 9,720 14,666 5,093 18,319 4,827 2 ,191 7,417 10,748 22,300 Total loans and securities 175,361 10,210 58,235 6,122 10,215 15,746 5,363 19,283 5,110 2 ,354 8,000 11,292 23,431 Cash items in process of collection 7,221 421 691 327 289 347 774 545 485 431 1,186 573 1,152 Bank premises 583 94 26 49 28 102 45 22 17 25 40 19 116 Other assets 3 11,692 313 2,126 329 471 513 472 4,544 224 191 353 1,002 1,154 Interdistrict settlement account -0- 138 - 1,058 - 533 - 400 - 493 + 1,429 + 1,099 - 161 + 288 - 515 - 152 + 634 TOTAL ASSETS 211,046 11,822 64,649 7,028 11,572 17,673 8,710 27,616 6,229 3 ,529 9,972 13,787 28,459 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 $ 4,466 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 723 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 $ 67 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 26, 1985 Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 169,713 10,079 51,595 5,562 10,039 15,544 5,353 24,056 5,020 2,417 7,645 10,791 21,612 Deposits: Depository institutions 23,875 1,095 6.220 902 897 1,387 2,264 2,205 568 527 915 2,030 4,865 U.S. Treasury-general account 3,892 3.892 Foreign-official accounts 243 4 129 7 10 7 13 21 4 5 7 12 24 Other 349 1 264 1 7 71 2 1 2 Total deposits 28,359 1,100 10.505 909 908 1,401 2,277 2,297 572 532 924 222,,,000444333 4,891 Deferred availability cash items 6,830 398 800 300 257 321 682 483 464 429 1,129 555000444 1,063 Other liabilities and accrued dividends1 2,381 134 775 85 137 203 107 268 68 34 108 111555222 310 TOTAL LIABILITIES 207,283 11,711 63,675 6,856 11,341 17,469 8,419 27,104 6,124 3,412 9,806 111333,,,444999000 27,876 CAPITAL ACCOUNTS Capital paid in 1,721 46 434 80 106 87 141 236 49 56 77 111333999 270 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 111222999 255 Other capital accounts 416 20 143 12 21 37 16 48 10 7 15 222999 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 211,046 11,822 64,649 7,028 11.572 17,673 8,710 27,616 6,229 3,529 9,972 111333,,,777888777 28,459 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 200,227 12,266 56,436 8,116 11.403 17,948 8,292 26,095 6,516 3,039 11,104 12,694 26,318 Less-Held by F.R. Banks H 30^514 2,187 . 4,841 2,554 1,364 2,404 2,939 2,039 1,496 622 3,459 1,903 4,706 F.R. notes, net 169,713 1100,,007799 5511,,559955 55,,556622 1100,,003399 1155,,554444 55,,335533 2244,,005566 55,,002200 22,,441177 77,,664455 1100,,779911 21,612 Collateral held against F.R. notes: Gold certificate account 11,090 Special Drawing Rights certif. acct. 4,618 Other eligible assets -0- U.S. govt, and agency securities 154,005 Total collateral 169,713 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