H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•:;^^v FEDERAL RESERVE statistical release •?f^P?T-' 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 21, 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 November 20, November 13, November 21, November 20, | 1985 1985 1984 1985 Reserve Bank credit: 1* 2 ! 196,580 - 1,678 +16,334 192,039 U.S. qovernment securities- Bought outright—system account 170,222 - 1,958 +15,737 163,594 Held under repurchase agreements 1,020 + 793 - 164 Federal agency obligations- Bought outright 8,227 _«. - 162 8,227 Held under repurchase agreements 329 + 80 + 254 Acceptances- Bought outright — — — Held under repurchase agreements — _- — —. Loans to depository institutions 1,565 + 774 - 2,703 4,682 Includes: seasonal borrowing of 96 15 98 93 extended credit of 510 23 - 2,989 527 Float 1,556 + 59 + 664 1,773 Other F.R. assets 13,661 - 1,426 + 2,708 13,763 Gold stock 11,090 6 11,090 Special Drawing Rights certificate account 4,718 + 100 4,718 • Treasury currency outstanding 17,001 + 14 + 672 17,013 Total factors supplying reserve funds 229,389 - 1,664 +17,100 224,860 Currency in circulation** 191,568 + 177 +12,467 191,517 Treasury cash holdings** 554 + 64 554 Deposits, other than reserve balances, with F.R. Banks- Treasury 3,008 56 - 501 2,652 Foreign 231 + 2 3 236 Service-related balances and adjustments 3 1,718 + 4 + 128 1,481 Other 676 + 203 + 179 598 Other F.R. liabilities and capital 6,280 63 -^ 24^ 6,114 Total factors, other than reserve balances, absorbing reserve funds 204,035 + 268 +12,310 203,152 Reserve balances with F.R. Banks 4 25,354 J - 1,933 J + 4,788 21,708 On November 20, 1985 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $124,617 million, an increase of $635 million for the week. 1 Net of $ 5,460 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,762 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 12,088 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,661 million was with foreign official and international accounts. Includes $ 352 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,481 million and adjustments of $ 237 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. •Estimated (New York District). ••Estimated (Treasury's figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for HU.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since Wednesday Wednesday Wednesdc y November 20, 1985 November 13, 1985 November 21, 1984 ASSETS Gold certificate account 11,090 6 Special Drawing Rights certificate account 4,718 + IOC Coin 528 41 + 51 Loans 4,682 + 3,924 - 2,05C Acceptances- Held under repurchase agreements Federal agency obligations- 8,227 — 162 Bought outright ~ — 77 Held under repurchase agreements1 U.S. government securities: 73,388 - 8,073 + 7,74C Bought outright—Bills 65,807 - 615 + 752 Notes 24,399 — + 1,44£ Bonds 163,594 - 8,688 + 9,94C Total bought outright2 — — 50 2 Held under repurchase agreements1 163,594 - 8,688 + 9,437 Total U.S. government securities 176,503 - 4,764 + 7,14£ Total loans and securities (1,288) 8,347 - 5,680 + 16!! Cash items in process of collection 599 + 2 + 32 Bank premises 13,164 - 1,536 + 2,652 Other assets 3 (1,288) 214,949 --1122,,001199 +10,142 TOTAL ASSETS LIABILITIES Federal Reserve notes 175,586 556644 +11,182 Deposits: Depository institutions 23,189 - 8,141 786 U.S. Treasury—general account 2,652 658 27 Foreign—official accounts 236 + 7 + IC Other 598 + 119 + 136 Total deposits 26,675 - 8,673 667 Deferred availability cash items (1,288) 6,574 - 2,800 425 Other liabilities and accrued dividends4 2,173 67 306 TOTAL LIABILITIES (1,288) 211,008 -12,104 + 9,784 CAPITAL ACCOUNTS Capital paid in 1,772 + 4 + 154 Surplus 1,626 — + 161 Other capital accounts 543 + 81 + 43 * 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 $ -o- million was outittanding at the end of the latest statement week. 2 Net of $12,088 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $352 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 iccount at Chicago of $ 69 million in Treasury bills maturing within CIO days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. k* Estimated (New York District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, November 20, 1985 Acceptances and securities held under repurchase agreements lire classified as maturing within 15 days in accordance with mi ximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings (Weekly changes Holdings [Weekly changes Within 15 days 4,648 »_ 6,206 +2,513 175 +109 16 days to 90 days 34 — 31,615 -9,492 610 -109 91 days to 1 year — — 55,631 + 95 1,848 — Over 1 year to 5 years — — 34,455 -1,172 4,016 — Over 5 years to 10 years — — 14,256 - 600 1,179 — Over 10 years — ^^ 2211,,443311 -- 3322 339999 — Total 4,682 116633,,559944 --88,,668888 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 November 20, 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 528 30 18 26 35 93 58 32 28 22 51 43 92 Loans 4,682 366 3.255 11 4 333 185 13 18 17 368 27 85 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 73,388 4,287 24.479 2,570 4,290 6,473 2,248 8,085 2,130 967 3,274 4,743 9,842 Notes 65,807 3,844 21,950 2,304 3,847 5,804 2,016 7,250 1,911 867 2,935 4,254 8,825 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 2 163,594 9,557 54,567 5,729 9,563 14,429 5,011 18,023 4,749 2 ,156 7,297 10,574 21,939 Held under repurchase agreements 1 Total U.S. government securities 163,594 9,557 54,567 5,729 9,563 14,429 5,011 18,023 4,749 2 ,156 7,297 10,574 21,939 Total loans and securities 176.503 10,404 60,566 6,028 10,048 15,488 5,448 18,942 5,006 2 ,281 8,032 11,133 23,127 Cash items in process of collection 9,635 473 1.193 466 439 425 825 1,034 758 461 1,425 621 1,515 Bank premises 599 93 29 48 29 101 47 22 17 25 44 19 125 Other assets 3 13,164 354 2,439 434 579 552 659 4,564 269 265 422 1,029 1,598 Interdistrict settlement account -0- + 1,119 -6,488 - 441 + 811 + 363 +2,677 + 465 + 581 + 391 - 415 - 136 +1,073 TOTAL ASSETS 216,237 13,412 62,388 7,239 12,846 18,417 10,319 27,130 7,173 3 ,664 10,439 13,729 29,481 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 $ 12,088 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 352 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. * Estimate (New York 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. November 20. 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 175,586 11,234 52,526 5,574 11,145 15,968 6,428 23,647 5,645 2,334 7,755 10,554 22,776 Deposits: Depository institutions 23,189 1,535 3,968 1,009 934 1,620 2,807 1,965 777 728 1,062 2,214 4,570 U.S. Treasury—general account 2,652 2,652 Foreign-official accounts 236 4 122 7 10 7 13 21 4 5 7 12 24 Other 598 2 481 1 14 5 87 4 3 1 Total deposits 26,675 1,541 7,223 1,017 944 1,641 2,825 2,073 781 733 1,073 2,229 4,595 Deferred availability cash items 7,862 396 835 397 398 417 693 650 563 445 1,344 490 1,234 Other liabilities and accrued dividends 1 2,173 122 731 75 127 183 73 241 69 33 95 142 282 TOTAL LIABILITIES 212,296 13,293 61,315 7,063 12,614 18,209 10,019 26,611 7,058 3,545 10,267 13,415 28,887 CAPITAL ACCOUNTS Capital paid in K772 51 438 82 107 91 146 241 54 58 80 147 277 Surplus 1,626 45 397 80 104 80 134 228 46 74 129 255 Other capital accounts 543 23 238 14 21 37 20 50 15 7 18 38 62 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 216,237 13,412 62,388 7,239 12,846 18,417 10,319 27,130 7,173 3,664 10,439 13,729 29,481 FFEEDDEERRAALL RREESSEERRVVEE AAGGEENNTTSS'' AACCCCOOUUNNTTSS FF..RR.. nnootteess oouuttssttaannddiinngg 208,523 13,826 57,570 8,126 12,576 17,946 9,828 26,396 7,094 3,053 11,230 12,840 28,038 LLeessss--HHeelldd bbyy FF..RR.. BBaannkkss 32,937 2,592 5,044 2,552 1,431 1,978 3,400 2,749 1,449 719 3,475 2,286 5,262 FF..RR.. nnootteess,, nneett 175,586 1111,,223344 5522,,552266 55,,557744 1111,,114455 1155,,996688 66,,442288 2233,,664477 55,,664455 22,,333344 77,,775555 1100,,555544 22,776 CCoollllaatteerraall hheelldd aaggaaiinnsstt FF..RR.. nnootteess:: GGoolldd cceerrttiiffiiccaattee aaccccoouunntt 11,090 SSppeecciiaall DDrraawwiinngg RRiigghhttss cceerrttiiff.. aacccctt.. 4,718 OOtthheerr eelliiggiibbllee aasssseettss -0- UU..SS.. ggoovvtt,, aanndd aaggeennccyy sseeccuurriittiieess 159,778 Total collateral 175,586 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (New York District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis