H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•oOf£ou FEDERAL RESERVE '•?f«fS??:- 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 29, 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 AAuu 11 gg 99 uu 88 ss 55 tt 2288,, Au8Y^ 5 21> Au 19 g 8 u 4 s t zy, AAuugg 1199 uu 88 ss 55 tt 2288,, Reserve Bank credit: 1» 2 189,788 261 + 15,417 191,952 U.S. government securities- Bought outright—system account 168,154 397 + 18,822 167,934 Held under repurchase agreements 275 + 275 + 275 1,928 Federal agency obligations- Bought outright 8,227 — 267 8,227 Held under repurchase agreements 51 + 51 + 51 354 Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,096 + 17 7,260 1,098 Includes: seasonal borrowing of 227 + 6 137 245 extended credit of 696 + 172 6,660 698 Float 41 512 65 172 Other F.R. assets 11,943 + 304 + 3,860 12,239 Gold stock 11,090 — 9 11,090 Special Orawing Rights certificate account 4,618 — — 4,618 Treasury currency outstanding 16,861 + 14 + 675 16,873 Total factors supplying reserve funds 222,357 247 + 16,083 224,533 Currency in circulation* 187,245 657 + 11,798 187,635 Treasury cash holdings* 550 — + 78 548 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,436 746 1,179 2,561 Foreign 198 4 8 188 Service-related balances and adjustments 3 1,654 + 4 + 150 1,421 Other 394 267 42 423 Other F.R. liabilities and capital 6,150 - 15 + 171 5,994 Total factors, other than reserve balances, 1 absorbing reserve funds 198,628 1,684 + 10,969 198,770 Reserve balances with F.R. Banks 4 23,730 + 1,439 __+ 5,116 25,763 On August 28, 1985 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official f and international accounts were $ 124,059 million,a decrease of $ 741 million for the week. 1 Net of $ 3,155 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $3,155 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,480 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,480 million was with foreign official and international accounts. Includes $ 132 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,421 million and adjustments of $ 233 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 Wednesday Wednesday, Wednesday, August 28, 1985 August 21, 198 5 August 29. 1984 ASSETS Gold certificate account 11,090 Special Drawing Rights certificate account 4,618 Coin 487 4 + 25 Loans 1,098 343 7,068 Acceptances- Held under repurchase agreements Federal agency obligations- 8,227 — - 267 Bought outright 354 + 354 + 354 Held under repurchase agreements1 U.S. government securities: 77,113 + 97 + 13,990 Bought outright—Bills 66,422 — + 2,528 Notes 2244,,339999 — ++ 2,362 Bonds 116677,,993344 ++ 97 ++ 18,880 Total bought outright^ 1,928 + 1,928 + 1,928 Held under repurchase agreements1 169,862 + 2,025 + 20,808 Total U.S. government securities 179,541 + 2,036 + 13,827 Total loans and securities (944) 5,835 - 507 - 295 Cash items in process of collection 590 + 1 + 34 Bank premises 11,649 + 251 + 3,951 Other assets 3 (944) 213,810 + 1,777 + 17,534 TOTAL ASSETS LIABILITIES Federal Reserve notes 171,797 + 15 + 11,085 Deposits: Depository institutions 27,184 + 3,528 + 7,992 U.S. Treasury—general account 2,561 - 1,611 - 1,222 Foreign—official accounts 188 - 10 - 27 Other 423 + 10 - 5 Total deposits 30,356 + 1,917 + 6,738 Deferred availability cash items (944) 5,663 - 162 - 491 Other liabilities and accrued dividends4 22,,118822 — 174 TOTAL LIABILITIES (944) 220099,,999988 ++ 1,770 ++ 17,158 CAPITAL ACCOUNTS Capital paid in 1,748 ___ + 190 Surplus 1,626 — + 161 Other capital accounts 438 + 7 + 25 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 $ -o- million was outstanding at the end of the latest statement week. Net of $ 3,480 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 132 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 $ 71 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 28, 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 1,079 — 10,845 + 2,155 566 + 356 16 days to 90 days 19 — 34,680 345 476 - 33 91 days to 1 year — — 52,773 + 215 1,813 - 66 Over 1 year to 5 years — — 35,235 — 4,070 + 80 Over 5 years to 10 years — — 14,866 — 1,257 + 17 Over 10 years — 5555 2211,,446633 — 339999 — Total 1,098 116699,,886622 + 2,025 88,,558811 ++ 354 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 28, 1985 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co 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 487 19 16 26 34 82 62 27 27 22 49 37 86 Loans 1,098 9 8 9 388 27 35 56 73 318 143 32 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 1 354 354 U.S. government securities: Bought outright-Bills 77,113 4,504 25,722 2,700 4,508 6,802 2,362 8,495 2.239 1,016 3.439 4,985 10,341 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 2 167,934 9,810 56.015 5,881 9,817 14,812 5,143 18,501 4,876 2,213 7.490 10,855 22.521 Held under repurchase agreements 1 1,928 — 1,928 — — — — — — — — — Total U.S. government securities 168,862 9,810 57,943 5,881 9,817 14,812 5,143 18,501 4.876 2,213 7,490 10,855 22,521 Total loans and securities 179,541 10,300 61,041 6,177 10,307 15,926 5,422 19,442 5.171 2,394 8.175 11,530 23,656 Cash items in process of collection 6,779 320 698 291 272 367 510 667 446 379 1,202 534 1,093 Bank premises 590 94 27 49 28 102 46 21 17 25 43 19 119 Other assets 3 11,649 303 2,156 332 499 504 503 4,431 221 210 345 1,038 1,107 Interdistrict settlement account -0- + 169 - 2,489 - 819 + 191 - 851 + 1,434 + 1,492 + 132 + 220 - 390 + 262 + 649 TOTAL ASSETS 214,754 12,104 66.061 6,764 12,268 17,507 8,551 28,177 6,541 3,467 10,282 14,443 28,589 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 $ 3,480 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 132 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 $ 71 million in Treasury 3ills 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 28. 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 171,797 10,372 52,817 5,264 10,464 15,326 5,370 24,051 5,090 2,270 7,929 11.144 21,700 Deposits: 27,184 1,184 7,879 960 1,194 1,448 2,154 2,701 857 642 911 2,341 4,913 Depository institutions U.S. Treasury-general account 2,561 ~ 2,561 — — — — — — — — — — Foreign—official accounts 188 4 75 7 10 7 12 21 4 5 7 12 24 Other 423 1 313 2 1 13 1 81 — 1 7 1 2 Total deposits 30.356 1,189 10,828 969 1,205 1,468 2,167 2,803 861 648 925 2,354 4,939 Deferred availability cash items 6.607 302 697 283 239 325 641 568 418 396 1,164 499 1.075 Other liabilities and accrued dividends 1 2,182 122 738 75 130 184 80 241 63 33 96 138 282 TOTAL LIABILITIES 210,942 11,985 65,080 6,591 12.038 17,303 8,258 27,663 6,432 3,347 10,114 14,135 27.996 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 438 25 146 12_ 19 36 n_ 48 13 8 16 35 63 _ TOTAL LIABILITIES AND CAPITAL ACCOUNTS 214.754 12,104 66,061 6,764 12,268 17,507 8,551 28,177 6,541 3,467 10,282 14,443 28.589 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 204,535 12,774 57,958 7,920 11,864 17,950 8.353 26.525 6,670 3,045 11,086 13,386 27,004 Less-Held by F.R. Banks 32,738 2,402 5,141 2,656 1,400 2,624 2,983 2,474 1,580 775 3,157 2,242 5,304 F.R. notes, net 171,797 10,372 52,817 5,264 10,464 15,326 '• 5,370 24,051 5,090 2,270 7,929 11,144" 21,700'" 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 156,089 Total collateral " 171.797 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