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 November 14, 1985 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR.. BBaannkkss,, Week ended Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss NllUn VvCpilmlUKnZpL.r X1 _1/ f November 7, November 14, November 13, 1985 1985 Reserve Bank credit: 1- 2 198,258 + 3,149 ~ 18,627 201,217 U.S. government securities- Bought outright—system account 172,180 + 1,569 + 19,182 172,282 Held under repurchase agreements 227 + 227 + 227 — Federal agency obligations- Bought outright 8,227 — 226 8,227 Held under repurchase agreements 249 + 249 + 249 — Acceptances- Bought outright — __ — — Held under repurchase agreements — — — — Loans to depository institutions 791 - 334 3,892 758 Includes: seasonal borrowing of 111 - 17 104 102 extended credit of 533 + 5 3,743 546 Float 1,497 + 1,128 + 770 4,653 Other F.R. assets 15,087 + 310 + 2,317 15,297 Gold stock 11,090 — 6 11,090 Special Drawing Rights certificate account 4,718 — + 100 4,718 Treasury currency outstanding 17,010 14 + 697 17,022 T Total factors supplying reserve funds 231,076 T~ 3,163 + 19,418 234,047 Currency in circulation* 191,414 + 1,603 + 12,829 192,048 Treasury cash holdings* 554 + 7 + 63 555 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,064 - 43 64 3,310 Foreign 229 - 7 37 229 Service-related balances and adjustments 3 1,711 + 28 + 275 1,478 Other 473 - 151 64 479 Other F.R. liabilities and capital 6,343 - 23 + 78 6,096 Total factors, other than reserve balances, absorbing reserve funds 203,787 + 1,413 + 13,079 204,195 Reserve balances with F.R. Banks 4 27,290 + 1,751 + 6,339 29,852 On November 13, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $123,982 million, a decrease of $ 2,314million for the week. 1 Net of $ 3,212 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,212 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,401 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,401 million was with foreign official and international accounts. Includes $ 354 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,478 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 •• WWeeddnneessddaayy Wednesday, Wednesday November 13, 1985 Novemb Br 6. 1985 1 NovernhPr' 14. 1 Qfti ASSETS Gold certificate account 11,090 — - 6 Special Drawing Rights certificate account 4,718 —• + 100 Coin 569 + 21 + 89 Loans 758 - 1,688 - 4,210 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,227 — — 162 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 81,461 95 + 14,840 Notes 66,422 — + 1,928 BBoonnddss 24,399 — + 2,362 TToottaall bboouugghhtt oouuttrriigghhtt22 172,282 - 95 + 19,130 Held under repurchase agreements1 — Total U.S. government securities 172,282 _ 95 + 19,130 Total loans and securities 181,267 - 1,783 + 14,758 Cash items in process of collection (1,568) 14,027 + 6,637 + 3,990 Bank premises 597 + 4 + 31 Other assets 3 14,700 + 191 + 2,226 TOTAL ASSETS (1,568) 226,968 + 5,070 + 21,188 LIABILITIES Federal Reserve notes 176,150 + 1,385 + 12,346 Deposits: Depository institutions 31,330 + 1,534 + 9,091 U.S. Treasury—general account 3,310 _ 645 430 Foreign—official accounts 229 + 19 + 38 Other 479 50 15 Total deposits 35,348 + 858 + 8,684 Deferred availability cash items (1,568) 9,374 + 2,924 + 158 Other liabilities and accrued dividends4 2,240 7 288 TOTAL LIABILITIES (1,568) 223,112 + 5,160 + 20,900 CAPITAL ACCOUNTS Capital paid in 1,768 + 2 + 154 Surplus 1,626 + 161 Other capital accounts 462 - 92 - 27 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 offic al and international accounts of which $ -o- million was outstanding at the end of the latest statement week. Net of $ 3,401 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $354 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 accojnt at Chicago of $ 69 million in Treasury bilis 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, November 13, 1985 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days In accordance with maxim jm maturity of the agreements. LLooaannss AAcccceeppttaanncceess ::-- U.S. government securities Federal agency obligations Holdings |Weekly changes Holdings [Weekly changes Within 15 days 717 __ 3,693 3,135 66 + 66 16 days to 90 days 41 — 41,107 + 3,060 719 34 91 days to 1 year — — 55,536 - 20 1,848 + 92 Over 1 year to 5 years — 35,627 4,016 _ 125 Over 5 years to 10 years — 14,856 __ 1,179 + 1 Over 10 years ~ — 21,463 — 399 Total 758 — 172,282 - 95 8,227 — Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANKt)N November 13, 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. 4,718 281 1,354 195 270 426 192 620 157 63 263 307 590 Coin 569 29 17 26 36 118 75 32 27 22 51 43 93 Loans 758 6 3 __ 4 288 30 14 22 15 335 30 11 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 81,461 4,758 27,172 2,852 4,762 7,185 2,495 8,975 2,366 1,073 3,633 5,266 10,924 Notes 66,422 3,880 22,155 2,326 3,883 5,859 2,034 7,318 1,928 875 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 2 172,282 10,064 57,465 6,033 10,071 15,196 5,276 18,981 5,002 2,270 7,684 11,136 23,104 Held under repurchase agreements 1 — — — — -- — — — — — — — — Total U.S. government securities 172,282 ~10,064 57,465 ~6~, 033 10,071 15,196 5,276 18,981 5,002 2,270 7,684 11,136 23,104 Total loans and securities 181,267 10,551 60,212 6,321 10,556 16,210 5,558 19,901 5,263 2,393 8,386 11,698 24,218 Cash items in process of collection 15,595 711 1,649 1,058 898 1,212 1,604 1,694 888 686 2,132 907 2,156 Bank premises 597 93 29 48 29 101 47 22 17 25 44 19 123 Other assets 3 14,700 443 3,000 484 675 675 786 4,749 323 309 499 1,132 1,625 Interdistrict settlement account -0- + 676 - 1,784 - 507 295 356 + 1,739 - 918 + 215, - 121 1,201 292 -* 2,844 TOTAL ASSETS 228,536 13,442 67,754 8,108' 12,804 19,355 10,414 27,551 7,247 3,533 10,791 14,527 33,010 1 Does not include U.S. government and federal agency securities resold under matched sale-put :hase transactions to foreign official and international accounts, of which $ _o- million was outstanding at the end of the latest statement week. 2 Net of $ 3,401 million matched sale purchase transactions outstanding at the end of ths latest statement week. Includes $ 354 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 $ 69 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 November 13, 1985 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louif Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 176.150 11,296 52,728 5,701 10,852 16.139 6.680 23.576 5.650 2,352 7.605 10,694 22,877 Deposits: Depository institutions 31,330 1,411 8.297 1.476 1.121 2,234 2,383 2.098 672 433 1.057 2,683 7,465 3,310 3.310 U.S. Treasury-general account Foreign—official accounts 229 4 115 7 10 7 13 21 4 5 7 12 24 Other 479 378 1 16 1 73 1 2 3 4 Total deposits 35,348 1,415 12,100 1,484 1,131 2.257 2,397 2,192 677 438 1,066 2,698 7,493 Deferred availability cash items 10,942 485 1,204 669 458 559 951 1,009 741 591 1,847 678 1,750 Other liabilities and accrued 2,240 127 739 80 131 191 85 253 65 33 100 143 293 TOTAL LIABILITIES 224,680 13,323 66,771 7,934 12,572 19,146 10,113 27,030 7,133 3,414 10,618 14,213 32,413 CAPITAL ACCOUNTS Capital paid in 1 ,768 50 438 82 107 91 146 241 52 58 79 147 277 Surplus 1,626 45 397 80 104 80 134 228 46 54 74 129 255 fWhpr ranital amounts 462 24 148 12 21 38 21 52 16 7 20 38 65 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 228,536 13,442 67,754 8,108 12,804 19,355 10,414 27,551 7,247 3,533 10,791 14,527 33,010 FFFEEEDDDEEERRRAAALLL RRREEESSSEEERRRVVVEEE AAAGGGEEENNNTTTSSS''' AAACCCCCCOOOUUUNNNTTTSSS FFF...RRR... nnnooottteeesss ooouuutttssstttaaannndddiiinnnggg 207,864 13,834 57,628 8,186 12,222 18,017 9,779 26,248 7.044 3,059 10,960 12,897 27,990 LLLeeessssss---HHHeeelllddd bbbyyy FFF...RRR... BBBaaannnkkksss 31,714 2,538 4,900 2,485 1,370 1,878 3,099 2,672 1,394 707 3,355 2,203 5,113 FFF...RRR... nnnooottteeesss,,, nnneeettt 176,150 1111,,229966 5522,,772288 55,,770011 1100,,885522 1166,,113399 66,,668800 2233,,557766 55,,665500 22,,335522 77,,660055 1100,,669944 22,877 CCCooollllllaaattteeerrraaalll hhheeelllddd aaagggaaaiiinnnsssttt FFF...RRR... nnnooottteeesss::: GGGooolllddd ccceeerrrtttiiifffiiicccaaattteee aaaccccccooouuunnnttt 11,090 SSSpppeeeccciiiaaalll DDDrrraaawwwiiinnnggg RRRiiiggghhhtttsss ccceeerrrtttiiifff... aaaccccccttt... 4,718 OOOttthhheeerrr eeellliiigggiiibbbllleee aaasssssseeetttsss -0- UUU...SSS... gggooovvvttt,,, aaannnddd aaagggeeennncccyyy ssseeecccuuurrriiitttiiieeesss 160,342 TTToootttaaalll cccooollllllaaattteeerrraaalll 176,150 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