H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserve Balances of Depository Institutions and •.f^m^ Condition Statement of F.R. Banks H.4.1 For release at 4:30 p.m. Eastern time October 3, 1985 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday OOccttoobbeerr 22,, ** RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss September 25, October 3, October 2, * 11998855 V 1985 1984 1985 Reserve Bank credit: 1» 2 193,581 2,750 + 12,515 193,586 U.S. government securities- Bought outright—system account 169,819 1,424 + 15,953 169,831 Held under repurchase agreements 1,903 Federal agency obligations- Bought outright 8,227 266 8,227 Held under repurchase agreements 371 Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 1,440 + 178 4,733 1,067 Includes: seasonal borrowing of 216 4 117 191 extended credit of 624 30 4,254 613 Float 1,271 + 803 + 853 1 ,324 Other F.R. assets 12,824 32 + 708 13,137 Gold stock 11,090 7 11,090 Special Drawing Rights certificate account 4,618 4,618 Treasury currency outstanding 16,931 + 14 + 692 16,943 Total factors supplying reserve funds 226,220 2,736 + 13,200 226,237 Currency in circulation** 187,486 46 + 11,858 188,148 Treasury cash holdings** 545 1 + 80 544 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,672 2,929 4,070 3,001 Foreign 306 + 85 + 75 214 Service-related balances and adjustments 3 1,622 48 + 170 1,452 Other 448 + 2 + 25 466 Other F.R. liabilities and capital 6,266 + 27 + 200 6,156 Total factors, other than reserve balances, absorbing reserve funds 200,344 2,911 + 8,337 199,981 Reserve balances with F.R. Banks 4 25,876 + 176 + 4,865 26,256 On October 2, 1985 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official f and international accounts were $ 125,921 million, a decrease of $ 2,121million for the week. 1 Net of $ 5,041 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,041 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,030 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,030 million was with foreign official and international accounts. Includes $ 290 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,452 million and adjustments of $ 170 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. •Estimated (St. Louis and Kansas City Districts). ** 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 October 2, 1985 September 25, 1985 October 3. 1984. ASSETS Gold certificate account 11,090 Special Drawing Rights certificate account 4,618 Coin 516 + 6 29 Loans 1,067 - 1,054 4,644 Acceptances- Held under repurchase agreements Federal agency obligations- 8,227 266 Bought outright 625 Held under repurchase agreements 1 U.S. government securities: 79,360 - 619 + 13,156 Bought outright—Bills 66,072 - 350 + 1,878 Notes 24,399 — + 2,362 Bonds 169,831 - 969 + 17,396 Total bought outright^ — 33,,884466 — Held under repurchase agreements1 169,831 __ 44,,881155 ++ 17,396 Total U.S. government securities 179,125 - 6,494 + 12,486 Total loans and securities (1082) 8,310 + 2,259 + 232 Cash items in process of collection 594 - 1 + 30 Bank premises 12,543 + 63 + 968 Other assets 3 (1082) 216,796 - 4,167 + 13,738 TOTAL ASSETS LIABILITIES Federal Reserve notes 172,265 + 832 + 11,263 Deposits: Depository institutions 27,708 _ 1,283 + 5,025 U.S. Treasury—general account 3,001 - 5,008 - 2,395 Foreign—official accounts 214 - 16 - 36 Other 466 + 65 + 35 Total deposits 31,389 - B7ZZT2 + Z7&29 Deferred availability cash items (1082) 6,986 + 1,160 - 514 Other liabilities and accrued dividends4 2,145 - 99 - 367 TOTAL LIABILITIES (1082) 212,785 - 4,349 + 13,011 CAPITAL ACCOUNTS Capital paid in 1,753 + 1 + 152 Surplus 1,626 — + 161 Other capital accounts 632 + 181 + 414 * 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 $ _ - million was outstanding at the end of the latest statement week. Q 2 Net of $ 5,030 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $290 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 $ 67 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. k* Estimated (St. Louis and Kansas City Districts). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 2, 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 Loans Acceptances Holdings |Weekly changes! Holdings [Weekly changes Within 15 days 981 6,975 5,266 15 771 16 days to 90 days 86 38,545 2,035 529 91 days to 1 year 53,127 1,296 1,909 + 147 Over 1 year to 5 years 34,855 288 4,168 + 59 Over 5 years to 10 years 14,866 1,207 60 Over 10 years 21,463 399 Total 1,067 169,831 4,815 8,227 625 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 October 2, 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 ??5 302 408 161 646 170 61 241 310 518 Coin 516 26 17 26 35 89 63 29 27 22 50 41 91 Loans 1,067 12 31 15 6 404 16 39 62 30 313 26 113 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 t U.S. government securities: Bought outright—Bills 79,360 4,636 26,471 2,779 4,639 6,999 2,431 8,743 2,305 1,046 3,540 5,129 10,642 Notes 66,072 3,860 22,038 2,314 3,862 5,828 2,024 7,279 1,918 870 2,947 4,271 8,861 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 2 169,831 9,922 56,647 5,948 9,927 14,979 5,202 18,710 4,931 2,238 7,575 10,977 22,775 Held under repurchase agreements 1 Total U.S. government securities 169,831 9,922 56,647 5,948 9,927 14,979 5,202 18,710 4,931 2,238 7,575 10,977 22,775 Total loans and securities 179,125 10,415 59,422 6,251 10,414 16,109 5,470 19,655 5,232 2,376 8,255 11,535 23,991 Cash items in process of collection 9,392 445 666 421 321 1,382 1,276 625 473 385 1,424 620 1,354 Bank premises 594 93 29 48 28 102 46 22 17 25 44 19 121 Other assets 3 12,543 342 2,310 370 565 544 574 4,506 240 232 386 1,203 1,271 Interdistrict settlement account -0- + 95 - 1,516 - 644 - 281 - 1,590 4-1,777 + 87 - 257 + 184 - 599 + 508 + 2,236 TOTAL ASSETS 217,878 12,315 65,540 7,180 12,019 18,013 9,780 27,021 6,259 3,441 10,418 14,949 30,943 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 $ 5 sQ30 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 290 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 $ 67 million in Treasury Bills maturing within 90 days. * Estimated (St. Louis and Kansas City Districts). 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 October 2. 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 172,265 10,326 52.778 5,452 10,595 15,312 6,197 23,207 4,995 2,349 7,671 11,056 22,327 Deposits: Depository institutions 27,708 1,319 6,548 1,093 750 1,848 2,289 2,309 649 448 1,106 2,870 6,479 U.S. Treasury-general account 3,001 3,001 Foreign—official accounts 214 4 100 7 10 7 13 21 4 5 7 12 24 Other 466 1 318 1 34 91 8 1 4 6 2 Total deposits 31,389 1,324 9,967 1,100 761 1,889 2,302 2,421 661 454 1,117 2,888 6,505 Deferred availability cash items 8,068 421 1,045 364 294 412 899 591 430 479 1,391 542 1,200 Other liabilities and accrued dividends 1 2,145 123 720 79 126 187 73 255 64 32 59 139 288 TOTAL LIABILITIES 213,867 12,194 64,510 6,995 11,776 17,800 9,471 26,474 6,150 3,314 10,238 14,625 30,320 CAPITAL ACCOUNTS Capital paid in 1,753 49 438 82 107 88 142 240 50 58 79 144 276 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 Other capital accounts 632 27 195 23 32 45 33 79 13 15 27 51 92 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 217,878 12,315 65,540 7,180 12,019 18,013 9,780 27,021 6,259 3,441 10,418 14,949 30,943 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 205,711 12,943 57,896 8,343 12,084 17,571 9,431 26,300 6,578 3,090 10,956 13,228 27,291 Less-Held by F.R. Banks 33,446 2,617 5,118 2,891 1,489 2,259 3,234 3,093 1,583 741 3,285 2,172 4,964 FF..RR.. nnootteess,, nneett 172,265 1100..332266 5522,,777788 55 445522 1100 559955 11 CC OOiill 66,,119977 2233,,220077 44,,999955 22,,334499 77,,667711 1111,,005566 22,327 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 156,557 TToottaall ccoollllaatteerraall 172,265 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. *Estimated (St. Louis and Kansas City Districts). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis