H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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 15, 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 1144,, August 7, August 15, August 14, * T985 TQftA IQftS Reserve Bank credit: 1. 2 191,524 + 1,005 + 15,402 194,367 U.S. government securities- Bought outright—system account 168,361 + 621 + 18,918 169,474 Held under repurchase agreements Federal agency obligations- Bought outright 8,244 13 250 8,227 Held under repurchase agreements Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 1,144 + 309 7,548 2,397 Includes: seasonal borrowing of 221 5 124 225 extended credit of 527 + 37 6,781 540 Float 565 15 18 291 Other F.R. assets 13,211 + 104 + 4,301 13,978 Gold stock 11,090 9 11,090 Special Drawing Rights certificate account 4,618 4 ,618 Treasury currency outstanding 16,836 + 14 + 670 16,848 Total factors supplying reserve funds 224,068 + 1,019 + 16,063 226,923 Currency in circulation** 188,341 + 657 + 11,585 188,343 Treasury cash holdings** 553 4 + 77 550 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,032 + 234 88 2,754 Foreign 209 + 9 + 4 215 Service-related balances and adjustments3 1,607 10 + 229 1,407 Other 413 97 + 138 346 Other F.R. liabilities and capital 6,216 213 + 149 6,024 Total factors, other than reserve balances, 200,372 + 577 + 12,095 199,639 absorbing reserve funds Reserve balances with F.R. Banks 4 23 ,696 + 442 + 3,968 27,284 On August 14, 1985 } marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $124,437 million,a decrease of $547 million for the week. 1 Net of $ 2,716 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,716 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 1,753 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,753 million was with foreign official and international accounts. Includes $ 383 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,407 million and adjustments of $ 200 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. •Estimated (San Francisco 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, August 14, 1?85 Au^u sr 7. 1985 Aug list- 1St 1_QR4_ ASSETS Gold certificate account 11,090 — - 9 Special Drawing Rights certificate account 4,618 — — Coin 488 + 2 + 33 Loans 2,397 + 1,536 - 10,390 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,227 30 - 267 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 78,653 + 1,894 + 19,895 Notes 67,072 — •f 3,178 Bonds 2233,,774499 — 1,712 Total bought outright2 116699,,447744 ++ 1,894 ++ 24,785 Held under repurchase agreements1 — — — Total U.S. government securities 169,474 ++ 1,894 ++ 24,785 Total loans and securities 180,098 + 3,400 + 14,128 Cash items in process of collection (1,021) 6,243 - 595 - 1,298 Bank premises 589 + 34 Other assets3 13,389 + 768 + 5,992 TOTAL ASSETS ((11,,002211)) 216,515 ++ 3,575 ii"" 18,880 LIABILITIES Federal Reserve notes 172,533 + 96 + 11,126 Deposits: Depository institutions 28,691 + 4,665 + 10,469 U.S. Treasury—general account 2,754 - 1,093 - 1,639 Foreign—official accounts 215 - 44 + 10 Other 346 - 72 + 57 Total deposits 32,006 + 3,456 4 8,897 Deferred availability cash items (1,021) 5,952 + 6 - 1,325 Other liabiiities and accrued dividends4 2,217 - 7 - 187 TOTAL LIABILITIES (1,021) 212,708 + 3,551 + 18,511 CAPITAL ACCOUNTS Capital paid in 1,744 + 3 + 187 Surplus 1,626 + 161 Other capital accounts 437 + 21 + 21 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 $ 1,560 million was outstanding at the end of the latest statement week. 2 Net of $ 1,753 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 383 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 $ 15 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 ( San Francisco District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 14, 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 JJWWeeeekkllyy changes Within 15 days 2,272 — 10,533 - 145 97 ++ 67 16 days to 90 days 122 — 37,750 + 83 622 - 97 91 days to 1 year 3 — 48,816 + 1,956 1,879 + 90 Over 1 year to 5 years — — 36,361 — 3,990 _ 90 Over 5 years to 10 years — — 15,201 — 1,240 Over 10 years — 55^^-- 2200,,881133 — 339999 Total 2,397 116699,,447744 + 1,894 88,,222277 30 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 14, 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 488 20 15 25 35 86 62 26 28 22 49 32 88 Loans 2,397 3 1,303 4 9 518 11 55 58 75 279 41 41 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,227 481 2,744 288 481 726 252 906 239 108 367 532 1,103 Held under repurchase agreements 1 U.S. government securities: Bought outright—Bills 78,653 4,595 26,235 2,754 4,598 6,937 2,409 8,665 2,283 1,037 3,508 5,084 10,548 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 2 169,474 9,900 56,528 5,935 9,907 14,948 5,190 18,671 4,920 2,234 7,559 10,954 22,728 Held under repurchase agreements 1 Total U.S. government securities 169,474 9,900 56,528 5,935 9,907 14,948 5,190 18,671 4,920 2,234 7,559 10,954 22,728 Total loans and securities 180,098 10,384 60,575 6,227 10,397 16,192 5,453 19,632 5,217 2,417 8,205 11,527 23,872 Cash items in process of collection 7,264 353 670 323 254 434 724 567 462 394 1,269 457 1,357 Bank premises 589 94 27 49 28 102 46 22 17 25 42 19 118 Other assets 3 13,389 384 2,499 374 539 608 551 4,507 258 226 404 1,133 1,906 Interdistrict settlement account -0- - 263 - 2,309 - 525 + 125 - 433 + 1,349 + 1,330 + 137 + 60 - 369 + 530 + 368 TOTAL ASSETS 217,536 11,871 66,089 7,181 12,315 18,366 8,759 28,181 6,646 3,361 10,458 14,721 29,588 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 $ 1,560 million was outstanding at the end of the latest statement week. 2 Net of $ 1,753 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 383 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 $ 15 million in Treasury Bills maturing within 90 days. '* Estimated (San Francisco 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 August 14, 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 172,533 10 ,123 52 ,661 5,516 10 ,652 15 ,439 5 ,317 24 ,291 5,138 2 ,283 7 ,936 11 ,228 21 ,949 Deposits: Depository institutions 28 ,691 1 ,149 7 ,818 1 ,148 1 ,050 2 ,165 2 ,323 2,594 908 517 982 2 ,579 5,458 U.S. Treasury—general account 2 ,754 2 ,754 Foreign-official accounts 215 4 101 7 10 7 13 21 4 5 7 12 24 Other 346 1 303 16 21 2 1 2 Total deposits 32 ,006 1 ,154 10 ,976 1 ,155 1 ,060 2,188 2 ,336 2,636 912 522 991 2 ,592 5 ,484 Deferred availability cash items 6,973 351 748 259 240 343 730 490 424 405 1 ,264 448 1 ,271 Other liabilities and accrued dividends 1 2 ,217 128 723 77 132 192 83 249 65 33 99 146 290 TOTAL LIABILITIES 213,729 11 ,756 65 ,108 7,007 12 ,084 18,162 8,466 27 ,666 6,539 3,243 10 ,290 14,414 28 ,994 CAPITAL ACCOUNTS Capital paid in 1 ,744 49 437 81 107 88 142 238 49 58 77 143 275 Surplus 1 ,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 437 21 147 13 20 36 17 49 12 6 17 35 64 TOTAL LIABILITIES AND CAPITAL 217,536 11,871 66,089 7,181 12,315 18,366 8,759 28,181 6,646 3,361 10,458 14,721 29,588 ACCOUNTS FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 203,802 12,467 57,427 7,929 11,869 17,948 8,234 26,619 6,657 3,073 11,118 13,490 26,971 Less-Held by F.R. Banks , 31,269 2,344 4,766 2,413 1,217 2,509 2,917 2,328 1,519 790 3,182 2,262 5,022 FF..RR.. nnootteess,, nneett 172,533 1100,,112233 5522,,666611 55,,551166 1100,,665522 1155,,442299 55,,331177 2244,,229911 55,,113388 22,,228833 77,,993366 1111,,222288 21,949 CCoollllaatteerraall hheelldd aaggaaiinnsstt FF..RR.. nnootteess:: GGoolldd cceerrttiiffiiccaattee aaccccoouunntt 11,090 SSppeecciiaall DDrraawwiinngg RRiigghhttss cceerrttiiff.. aacccctt.. 4,618 OOtthheerr eelliiggiibbllee aasssseettss -0- UU..SS.. ggoovvtt,, aanndd aaggeennccyy sseeccuurriittiieess 156,825 TToottaall ccoollllaatteerraall 172,533 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (San Fransciso district). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis