H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•ftOj^oyi FEDERAL RESERVE '?^f^- Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks For release at 4:30 p.m. Eastern time August 22, 1985 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AAuugguusstt 2211,, August ±4, AUgUSt Tly AAuugguusstt 2211,, 11998855 TQftS ! TQftA 11998855 Reserve Bank credit: 1* 2 190,049 - 1,490 +15,125 190,009 U.S. government securities- Bought outright—system account 168,551 + 190 +18,173 167,837 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,227 17 - 267 8,227 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,079 65 - 6,856 1,441 Includes: seasonal borrowing of 221 «— - 133 227 extended credit of 524 3 - 6,488 560 Float 553 19 + 267 517 Other F.R. assets 11,639 - 1,580 + 3,808 11,987 Gold stock 11,090 — 9 11,090 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,847 + 14 + 671 16,859 Total factors supplying reserve funds 222,604 - 1,476 +15,787 222,576 Currency in circulation* 187,902 - 435 +11,800 187,601 Treasury cash holdings* 550 3 + 75 550 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,182 + 150 166 4,172 Foreign 202 7 6 198 Service-related balances and adjustments 3 1,655 + 48 + 203 1,426 Other 661 + 248 + 339 413 Other F.R. liabilities and capital 6,165 51 + 126 5,987 Total factors, other than reserve balances, 200,317 50 +12,371 200,347 absorbing reserve funds Reserve balances with F.R. Banks 4 22,286 - 1,426 + 3,415 22,230 On August 21, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 124,800 million, an increase of $363 million for the week. 1 Net of $ 2,680 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,680 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,422 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,422 million was with foreign official and international accounts. Includes $ 298 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,426 million and adjustments of $ 229 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 21, 1985 Aupust 14, 1985 August.22^ ASSETS Gold certificate account 11,090 — - Special Drawing Rights certificate account 4,618 — - Coin 491 + 3 + j Loans 1,441 - 956 - 6,38 Acceptances- — - Held under repurchase agreements Federal agency obligations—* Bought outright 8,227 — - 26 Held under repurchase agreements 1 — — - U.S. government securities: Bought outright—Bills 77,016 - 1,637 + 12,55. Notes 66,422 - 650 + 2,52f Bonds 24,399 + 650 + 2,362 Total bought outright? 167,837 - 1,637 + 17,44! Held under repurchase agreements1 — — __ Total U.S. government securities 167,837 1,637 ++ 17,44: Total loans and securities 177,505 - 2,593 + 10,79 Cash items in process of collection CI • 042) 6,342 + 108 - 11 Bank premises 589 + 3 Other assets 3 11,398 - 1,991 + 3,76 TOTAL ASSETS ((11 004422)) 212,033 ——'' 4,473 ++ 14,49 LIABILITIES Federal Reserve notes 171,782 - 742 + 11,21 Deposits: Depository institutions 23,656 - 5,035 + 3,04 U.S. Treasury—general account 4,172 + 1,418 + 81 Foreign—official accounts 198 - 17 - 3 Other 413 + 67 - 7 Total deposits 28,439 - 3,567 + 3,75 Deferred availability cash items (1 ,042) 5,825 - 127 - 59 Other liabilities and accrued dividends4 2,182 - 35 - 24 TOTAL LIABILITIES (1 ,042) 208,228 - 4,471 + 14,13 CAPITAL ACCOUNTS Capital paid in 1,748 + 4 + 191 Surplus 1,626 — + 16 Other capital accounts 431 - 6 + 1 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 and international accounts of which $ -o- million was outstanding at the end of the latest statement week. Net of $ 3,422 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 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 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 21, 1985 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with m maturity of the agreements. U.S. government securities Federal agency obli£ LLooaannss AAcccceeppttaanncceess Holdings |Weekly changes Holdings (Weekly Within 15 days 1,401 — 8,690 - 1,843 210 + : 16 days to 90 days 40 — 35,025 - 2,725 509 - 91 days to 1 year — — 52,558 + 3,742 1,879 Over 1 year to 5 years — — 35,235 - 1,126 3,990 Over 5 years to 10 years — — 14,866 335 1,240 Over 10 years — 5555 2211,,446633 ++ 665500 339999 Total 1,441 116677,,883377 -- 11,,663377 88,,222277 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 21. 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 491 20 16 26 34 86 62 28 28 23 49 34 85 Loans 1,441 58 425 4 7 381 25 35 52 74 313 41 26 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 77,016 4,499 25,689 2,697 4,502 6,793 2,359 8,485 2,236 1,015 3,435 4,978 10,328 Notes 66,422 3,880 22,155 2,326 3,883 5,858 2,034 7,318 1,929 875 2,963 4,293 8,908 Bonds 24,399 1,426 8,138 855 1,426 2,152 747 2,688 708 322 1,088 1,577 3,272 Total bought outright 2 167,837 9,805 55,982 5,878 9,811 14,803 5,140 18,491 4,873 2,212 7,486 10,848 22,508 Held under repurchase agreements 1 — • — — — — — — — — — — — — Total U.S. government securities 167,837 9,805 55,982 5,878 9,811 14,803 5,140 18,491 4,873 2,212 7,486 10,848 22,508 Total loans and securities 177,505 10,344 59,151 6,170 10,299 15,910 5,417 19,432 5,164 2,394 8,166 11,421 23,637 Cash items in process of collection 7,384 331 900 359 259 403 694 594 471 395 1,200 526 1,252 Bank premises 589 94 27 49 28 102 46 21 17 25 42 19 119 Other assets 3 11,398 296 2,016 320 455 471 485 4,475 219 208 342 1,023 1,088 tnterdistrict settlement account -0- - 36 - 1,117 - 590 - 117 - 514 + 1,126 + 972 - 90 + 44 - 508 + 450 + 380 TOTAL ASSETS 213,075 11,948 65,605 7,042 11,895 17,835 8,404 27,619 6,336 3,306 10,149 14,496 28,440 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 $ 3,422 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 298 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. 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 21, 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 171,782 10,342 52,814 5,337 10,493 15,321 5,069 24,073 5,099 2,278 7,902 11,181 21,873 Deposits: Depository institutions 23,656 1,032 5,694 1,094 791 1,738 2,328 2,236 610 469 782 2,383 4,499 U.S. Treasury—general account 4,172 4,172 Foreign-official accounts 198 4 85 7 10 7 12 21 4 5 7 12 24 Other 413 1 347 1 15 1 41 1 2 2 2 Total deposits 28,439 1,037 10,298 1,101 802 1,760 2,341 2,298 615 474 791 2,397 4,525 Deferred availability cash items 6,867 330 782 354 239 362 629 489 453 401 1,190 471 1,167 Other liabilities and accrued dividend;' . 2,182 125 729 77 130 188 72 245 62 33 98 139 284 TOTAL LIABILITIES 209,270 11,834 64,623 6,869 11,664 17,631 8,111 27,105 6,229 3,186 9,981 14,188 27,849 CAPITAL ACCOUNTS Capital paid in 1,748 49 438 81 107 88 142 238 50 58 78 144 275 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 431 20 147 12 20 36 17 48 11 8 16 35 61 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 213,075 11,948 65,605 7,042 11,895 17,835 8,404 27,619 6,336 3,306 10,149 14,496 28,440 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 204,277 12,721 57.786 7,967 11,863 17,976 8,063 26,567 6,646 3,062 11,093 13,458 27,075 Less—Held by F. R. Banks 32,495 2,379 4,972 2,630 1,370 2,655 2,994 2,494 1,547 784 3,191 2,277 5,202 F.R. notes, net 171,782 1100,,334422 5522,,881144 55,,333377 1100,,449933 1155,,332211 55,,006699 2244,,007733 55,,009999 22,,227788 77,,990022 1111,,118811 21,873 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 156,074 Total collateral 171,782 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