H.4.1 Factors Affecting Reserve Balances of Depository Institutions

• Qf COVi FEDERAL RESERVE 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 August 8 , 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 AAuugguusstt 77 ,, July 31 , August 8 , August 7 , 11998855 1984 1985 Reserve Bank credit: 1< 2 190 ,519 + 1 ,343 + 14 ,333 190 ,800 U.S. government securities- Bought outright—system account 167 ,740 + 1 ,110 + 17 ,039 167 ,580 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,257 39 237 8,257 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions . 835 115 6 ,447 861 Includes: seasonal borrowing of 226 + 36 105 206 extended credit of 490 56 6 ,152 511 Float 580 40 204 892 Other F.R. assets 13,107 + 428 + 4,182 13,210 Gold stock 11 ,090 — 9 11 ,090 Special Drawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16 ,822 + 11 + 666 16 ,834 Total factors supplying reserve funds 223 ,049 + 1 ,354 + 14 ,990 223 ,342 Currency in circulation* 187 ,684 + 1 ,124 + 11,433 188 ,228 Treasury cash holdings* 557 17 + 77 557 Deposits, other than reserve balances, with F.R. Banks: Treasury 2 ,798 927 1 ,144 3 ,847 Foreign 200 4 18 259 Service-related balances and adjustments 3 1,609 114 + 205 1 ,399 Other 510 + 212 + 236 418 Other F.R. liabilities and capital 6,429 _+ 218_ + 576 6 ,007 Total factors, other than reserve balances, absorbing reserve funds 199,787 + 492 + 11,365 200,715 Reserve balances with F.R. Banks 4 23,262 _+ 863 + 3 ,625 22 ,627 On August 7 , 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 124 ,984 million, a decreaseof $ 659 million for the week. 1 Net of $ 2 ,956 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2 ,956 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3 ,122 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3 ,122 million was with foreign official and international accounts. Includes $ 285 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1 ,399 million and adjustments of $ 210 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, August 7. 1985 July ^1- IQfi^ | Angi • ct ft, IQftA ASSETS Gold certificate account 11,090 — - 9 Special Drawing Rights certificate account 4,618 — — Coin 486 + 13 + 40 Loans 861 - 706 - 6,524 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,257 — - 237 Held under repurchase agreements 1 — — — U.S. government securities: Bought outright—Bills 76,759 + 473 + 12,030 Notes 67,072 + 6 + 3,202 Bonds 23,749 + 6 + 1,688 Total bought outright2 167,580 + 485 + 16,920 Held under repurchase agreements1 — — — Total U.S. government securities 167,580 ++ 485 ++ 16,920 Total loans and securities 176,698 _ 221 + 10,159 Cash items in process of collection (960) 6,838 _ 556 _ 882 Bank premises 589 + 1 + 33 Other assets 3 12,621 1,366 + 3,932 TOTAL ASSETS (960) 212,940 - 2,129 + 13,273 LIABILITIES Federal Reserve notes 172,437 + 1,164 + 10,977 Deposits: Depository institutions 24,026 - 2,227 + 2,819 U.S. Treasury—general account 3,847 + 1,191 - 373 Foreign—official accounts 259 - 15 + 31 Other 418 + 95 + 172 Total deposits 28,550 - 956 + 2,649 Deferred availability cash items (960) 5,946 - 2,019 _ 549 Other liabilities and accrued dividends4 2,224 + 12 _ 155 TOTAL LIABILITIES (960) 209,157 - 1,799 + 12,922 CAPITAL ACCOUNTS Capital paid in 1,741 __ + 187 Surplus 1,626 — + 161 Other capital accounts 416 - 330 +_ 3__ 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 oifficiai and international accounts of which $ -0- million was outstanding at the end of the latest statement week. Net of $ 3,122 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 285 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 $ 15 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, August 7, 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 740 10,678 + 1,387 30 _ 90 16 days to 90 days 119 — 37,667 + 2,058 719 + 84 91 days to 1 year 2 — 46,860 - 2,971 1,789 + 6 Over 1 year to 5 years — — 36,361 + 6 4,080 Over 5 years to 10 years — — 15,201 + 5 1,240 Over 10 years ^^ 2200,,881133 339999 — Total 8866ll 116677,,558800 + 485 88,,225577 — 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 August 7, 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 cert if. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 486 19 16 25 34 83 61 27 28 22 49 32 90 Loans 861 9 3 1 10 340 12 36 56 77 239 41 37 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,257 482 2,754 289 483 728 253 910 240 109 368 534 1,107 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 76,759 4,484 25,603 2,688 4,487 6,770 2,352 8,456 2,228 1,011 3,424 4,962 10,294 Notes 67,072 3,918 22,371 2,349 3,921 5,916 2,054 7,390 1,947 884 2,992 4,335 8,995 Bonds 23,749 1,387 7,922 832 1,388 2,095 727 2,616 690 313 1,059 1,535 3,185 Total bought outright 2 167,580 9,789 55,896 5,869 9,796 14,781 5,133 18,462 4,865 2,208 7,475 10,832 22,474 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 167,580 9,789 55,896 5,869 9,796 14,781 5,133 18,462 4,865 2,208 7,475 10,832 22,474 Total loans and securities 176,698 10,280 58,653 6,159 10,289 15,849 5,398 19,408 5,161 2,394 8,082 11,407 23,618 Cash items in process of collection 7,798 428 985 149 261 391 1,090 215 906 696 978 551 1,148 Bank premises 589 94 27 49 28 102 46 22 17 25 42 19 118 Other assets 3 12,621 367 2,422 390 526 584 526 4,489 253 217 394 1,184 1,269 Interdistrict settlement account -0- - 496 - 2,260 - 283 + 47 - 729 + 1,077 + 1,637 - 522 - 190 - 224 + 524 + 1,419 TOTAL ASSETS 213,900 11,591 64,455 7,197 12,122 17,657 8,772 27,895 6,370 3,381 10,179 14,740 29,541 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 $ 3,122 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 285 million securities ioaned-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 $ 15 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 August 7, 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 172,437 10,147 52,187 5,640 10,620 15,427 5,458 24,437 5,135 2,307 7,933 1111,,228888 21,858 Deposits: Depository institutions 24,026 864 5,451 1,024 882 1,428 2,220 2,196 640 438 785 22,,443377 5,661 U.S. Treasury—general account 3,847 3,847 Foreign-official accounts 259 4 145 7 10 7 13 21 4 5 7 1122 24 Other 418 355 32 25 1 2 11 2 Total deposits 28,550 868 9,798 1,031 892 1,467 2,233 2,242 645 443 794 22,,445500 5,687 Deferred availability cash items 6,906 340 772 256 254 378 719 465 423 481 1,188 550055 1,125 Other liabilities and accrued dividends 1 2,224 123 723 100 125 184 70 239 61 33 96 119900 280 TOTAL LIABILITIES 210,117 11 ,478 6633 ,,448800 77,,002277 11 ,891 17 ,456 8,480 27 ,383 6,264 3,264 10,011 14 ,433 28 ,950 CAPITAL ACCOUNTS Capital paid in 1 ,741 48 443366 8800 107 88 142 238 49 57 77 144 275 Surplus 1 ,626 45 339977 8800 104 80 134 228 46 54 74 129 255 Other capital accounts 416 20 __114422____ 1100____ 20 33 16 46 11 6 17 34 61 TOTAL LIABILITIES AND CAPITAL | ACCOUNTS 213,900 11 ,591 6644 ,,445555 77,,119977 12 ,122 17,657 8,772 27 ,895 6,370 3,381 10,179 14 ,740 29,541 NBBGMdL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 202 ,913 111222 ,,,444333222 56 ,754 7,946 111111 ,,,888666666 111777 ,,,888111555 888,,,444444222 26 ,645 6,626 3,089 111111 ,,,111444777 13,498 26 ,653 Less—Held by F.R. Banks _^ 30 ,476 222 ,,,222888555 4,567 2 ,306 111 ,,,222444666 222 ,,,333888888 222,,,999888444 2 ,208 1 ,491 782 333,,,222111444 2,210 4,795 F.R. notes, net 172 ,437 111000,,,111444777 5522 ,,118877 55,,664400 111000 ,,,666222000 111555 ,,,444222777 555,,,444555888 2244 ,,443377 55,,113355 22 ,,330077 777,,,999333333 1111 ,,228888 21 ,858 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 156,729 Total collateral 172,437 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