H.4.1 Factors Affecting Reserve Balances of Depository Institutions

' QfGOVt 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 September 12, 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 SSeepptteemmbbeerr 1111,, September 4, September 12, September 11, 11998855 1QRS 1984 lQftS Reserve Bank credit: 1» 2 193,554 317 + 15,250 197,749 U.S. government securities- Bought outright—system account 170,332 + 208 + 18,137 169,474 Held under repurchase agreements 633 17 230 4,430 Federal agency obligations- Bought outright 8,227 267 8,227 Held under repurchase agreements 137 217 + 9 957 Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 1,091 601 6,412 1,381 Includes: seasonal borrowing of 178 35 127 179 extended credit of 669 + 1 6,145 692 Float 753 + 196 + 39 550 Other F.R. assets 12,381 + 114 + 3,974 12,730 Gold stock 11,090 8 11,090 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,889 + 14 + 680 16,901 Total factors supplying reserve funds 226,151 303 + 15,922 230,358 Currency in circulation** 189,375 -1- 615 + 1.1,883 189,262 Treasury cash holdings** 545 2 + 79 546 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,790 + 451 143 2,918 Foreign 215 8 + 5 202 Service-related balances and adjustments3 1,583 66 + 325 1,435 Other 426 + 16 69 437 Other F.R. liabilities and capital 6,349 + 108 + 10 6,192 Total factors, other than reserve balances, absorbing reserve funds 202,283 + 1,114 + 12,090 200,992 Reserve balances with F.R. Banks4 23,689 1,417 + 3,833 29,366 On September 11, 1985 f marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 128,208 million, an increase of $ 597 million for the week. 1 Net of $ 3,698 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,698 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,565 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,565 million was with foreign official and international accounts. Includes $ 482 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,435 million and adjustments of $ 148 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. •Estimated (Cleveland 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 September 11, 1985 September 4, 1985 Sep tember 12, 1984 ASSETS Gold certificate account 11,090 — - 8 Special Drawing Rights certificate account 4,618 — — Coin 475 + 6 + 24 Loans 1,381 + 414 - 6,028 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,227 — - 266 Held under repurchase agreements'! 957 - 238 + 957 U.S. government securities: Bought outright—Bills 78,653 - 1,023 + 10,648 Notes 66,422 — + 2,528 Bonds 2244..339999 2.16? Total bought outright^ 116699,,447744 - 1,023 ++ 15,538 Held under repurchase agreements 1 4,430 + 2,478 + 4,430 Total U.S. government securities 173,904 + 1,455 + 19,968 Total loans and securities 184,469 + 1,631 + 14,631 Cash items in process of collection (967) 6,429 - 3,490 - 2,676 Bank premises 590 + 1 + 35 Other assets 3 12,140 + 195 + 4,209 TOTAL ASSETS ((996677)) 219,811 - 1,657 + 16,215 LIABILITIES Federal Reserve notes 173,382 _ 282 + 11,287 Deposits: Depository institutions 30,801 + 828 + 7,066 U.S. Treasury—general account 2,918 + 320 _ 603 Foreign—official accounts 202 + HH + 33 Other 437 + + 33 Total deposits 34,358 + 1,174 + 6,497 Deferred availability cash items (967) 5,879 - 2,630 - 1,701 Other liabilities and accrued dividends4 2,381 + 139 - 244 TOTAL LIABILITIES (967) 216,000 - 1,599 + 15,839 CAPITAL ACCOUNTS Capital paid in 1,748 + 1 + 188 Surplus 1,626 — + 161 Other capital accounts 437 - 59 + 27 • 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 $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 4,565 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 482 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 $ 61 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 (Cleveland District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, September 11, 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 1,292 — 10,031 -1,339 1,015 -280 16 days to 90 days 89 — 38,228 + 699 691 +106 91 days to 1 year — — 54,173 +2,095 1,722 -115 Over 1 year to 5 years — — 35,143 — 4,091 + 32 Over 5 years to 10 years — — 14,866 — 1,266 + 19 Over 10 years — 5555 2211,,446633 — 339999 — Total 1,381 117733,,990044 +1,455 99,,118844 -238 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 September 11, 1985 Millions of dollars * Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold cert if cate 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 475 19 16 26 34 82 60 26 26 21 48 34 83 Loans 1,381 6 389 2 7 365 10 36 46 50 379 44 47 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 1 957 — 957 ~ -- ~ — — ~ — — — — U.S. government securities: Bought outright-Bills 78,653 4 ,594 26,235 2,754 4,598 6,938 2,410 8,665 2,283 1,036 3,508 5,084 10,548 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 2 169,474 9 ,900 56,528 5,935 9,907 14,948 5,191 18,671 4,920 2,233 7,559 10,954 22,728 Held under repurchase agreements 1 4,430 — 4,430 — — — — — — — — — — Total U.S. government securities 173,904 ~9 ,900 60,958 5,935 9,907 14,948 5,191 18,671 4,920 2,233 7,559 10,954 22,728 Total loans and securities 184,469 10 ,387 65,048 6,225 10,395 16,039 5,453 19,613 5,205 2,391 8,305 11,530 23,878 Cash items in process of collection 7,396 377 660 380 250 407 966 544 513 346 1,222 416 1,315 Bank premises 590 94 28 48 28 102 46 21 17 25 43 19 119 Other assets 3 12,140 350 1,689 395 534 552 594 4,629 254 245 412 1,199 1,287 Interdistrict settlement account -0- + 121 - 5,357 - 664 + 272 - 337 + 2,353 •f 722 2 4- 179 - 355 + 668 + 2,400 TOTAL ASSETS 220,778 12 ,247 66,696 7,118 12,450 18,222 10,046 27,652 6,540 3,424 10,533 14,889 30,961 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 $ _o- million was outstanding at the end of the latest statement week. 2 Net of $ 4,565 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 482 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 $ 61 million in Treasury Bills maturing within 90 days. * Estimated (Cleveland 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 September 11. 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 173,382 10,406 53,080 5,377 10,521 15,455 6,157 23,575 5,108 2.343 7,866 11,208 22,286 Deposits: Depository institutions 30,801 1,261 7.677 1,146 1,320 1,958 2.896 2.686 792 503 1,197 2,735 6.630 U.S. Treasury-general account 2,918 2,918 Foreign—official accounts 202 4 89 7 10 7 12 21 4 5 7 12 24 Oth T e o r t al deposits 1 34.3 4 5 3 8 7 1,266 1 11.0 3 1 2 1 7 1,153 1,331 1 1,99 2 3 8 2.909 2,77 7 7 0 797 1 508 1,208 4 2,750 3 6,655 1 Deferred availability cash items 6,846 328 769 334 234 372 610 529 460 417 1,187 479 1.127 Other liabilities and accrued dividends 1 2,381 133 854 80 133 199 77 257 66 36 101 145 300 TOTAL LIABILITIES ] 216.967 12,133 65,714 6,944 12,219 18,019 9,753 27,138 6,431 3,304 10,362 14.582 30.368 CAPITAL ACCOUNTS Capital paid in 1,748 49 438 82 107 88 142 238 50 58 78 143 275 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 437 20 147 12 20 35 17 48 13 8 19 35 63 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 220,778 12,247 66,696 7,118 12,450 18,222 10,046 27,652 6,540 3,424 10.533 14.889 30,961 FFEEDDEERRAALL RREESSEERRVVEE AAGGEENNTTSS'' AACCCCOOUUNNTTSS FF..RR.. nnootteess oouuttssttaannddiinngg 205,308 12,798 57,958 8,161 11,889 17,817 9,088 26,221 6.642 3,073 10,980 13.322 27.359 LLeessss--HHeelldd bbyy FF..RR.. BBaannkkss 31,926 2,392 4,878 2,784 1,368 2,362 2,931 2,646 1.534 730 3.114 2,114 5.073 FF..RR.. nnootteess,, nneett 173,382 1100,,440066 5533,,008800 55,,337777 1100,,552211 1155,,445555 66,,115577 2233,,557755 55,,110088 22,,334433 77,,886666 1111..220088 22,286 CCoollllaatteerraall hheelldd aaggaaiinnsstt FF..RR.. nnootteess:: GGoolldd cceerrttiiffiiccaattee aaccccoouunntt 11,090 SSppeecciiaall DDrraawwiinngg RRiigghhttss cceerrttiiff.. aacccctt.. 4,618 OOtthheerr eelliiggiibbllee aasssseettss -0- 157,674 Total collateral 173,382 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. *Estimated (Cleveland District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis