H.4.1 Factors Affecting Reserve Balances of Depository Institutions

UQfCQVi FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of •WS§^' each release will be announced, when the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks For release at 4:30 p.m. Eastern time January 16, 1986 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 January 15, January 8, January 16, January 15, 1985 1986 TQ&6 Reserve Bank credit: 1» 2 205,173 + 545 + 21,421 206,093 U.S. government securities- Bought outright—system account 179,955 + 866 + 21,310 181,192 Held under repurchase agreements 578 + 86 _ 2,188 Federal agency obligations- Bought outright 8,227 - 162 8,227 Held under repurchase agreements 151 + 81 _ 100 Acceptances- Bought outright __ Held under repurchase agreements Loans to depository institutions 615 + 3 _ 585 644 Includes: seasonal borrowing of 25 5 37 33 extended credit of 485 + 29 _ 440 457 Float 581 _ 545 _ 83 800 Other F.R. assets 15,066 + 54 + 3,230 15,230 Gold stock 11,090 _ 5 11,090 Special Drawing Rights certificate account 4,718 + 100 4,718 Treasury currency outstanding 17,105 + 14 + 657 17,117 Total factors supplying reserve funds 238,086 + 559 + 22,173 239,018 Currency in circulation** 194,049 - 2,266 + 1133,,445577 119933,,225500 Treasury cash holdings** 550 2266 555500 Deposits, other than reserve balances, with F.R. Banks: Treasury 5,032 + 892 + 1,569 5,669 Foreign Service-related balances and adjustments 3 2,1 2 5 2 3 7 + 1 8 1 0 7 + f 26 1 9 6 1,5 1 1 9 5 1 Other 433 31 + 13 575 OOtthheerr FF..RR.. lliiaabbiilliittiieess aanndd ccaappiittaall 6,341 + 269 + 22 6,142 TToottaall ffaaccttoorrss,, ootthheerr tthhaann rreesseerrvvee bbaallaanncceess,, aabbssoorrbbiinngg rreesseerrvvee ffuunnddss 208,785 - 1,099 + 15,372 207,892' Reserve balances with F.R. Banks 4 29,301 + 1,659 + 6,801 31,126 On January 15, 1986 marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official t and international accounts were $ 125,691 million,a decrease of $ 821 million for the week, 1 Net of $ 1,908 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 1,908 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 786 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 786 million was with foreign official and international accounts. Includes $ 530 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 1,515 million and adjustments of $ 638 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Atlanta 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, January 15. 1986 January 8, 1986 January 16, 1985 ASSETS Gold certificate account 11,090 .._ - 5 Special Drawing Rights certificate account 4,718 — + 100 Coin 508 + 26 + 51 Loans 644 + 68 - 481 Acceptances- Held under repurchase agreements —— — __ Federal agency obligations- Bought outright 8,227 _ 162 Held under repurchase agreements 1 _ 255 U.S. government securities: Bought outright—Bills 88,819 + 3,171 + 18,274 Notes 67,647 + 2,410 BBoonnddss 2244,,772266 —. ++ 1,775 TToottaall bboouugghhtt oouuttrriigghhtt 22 118811,,119922 ++ 3,171" ++ 22,459 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss''!! 4,420 TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 181,192 + 3,171* 4- 1188,,003399 Total loans and securities 119900,,006633 + 33,,223399 + 1177,,114411 Cash items in process of collection (1,426) 88..008899 + 338833 445588 Bank premises 660066 11 Other assets 3 + 36 TOTAL ASSETS 14,624 + 17 + 3,055 (1,426) 229,698 + 3,664 + 19,920 LIABILITIES Federal Reserve notes 177,191 — 2,052 + 12,867 Deposits: Depository institutions 32,641 + 4,824 + 5,308 U.S. Treasury—general account 5,669 + 359 + 2,338 Foreign—official accounts 191 68 7 Other 575 + 173 + 154 Total deposits 333999,,,000777666 ++ 55,,228888 + TT77mm O De th fe e r r re li d a b a i v li a ti i e la s b a il n it d y a c c a c s r h u e it d e m di s v idends4 ((11,,442266)) 777,,,222888999 446655 667744 222,,,222555666 TOTAL LIABILITIES •~" 46 — 369 (1,426) 225,812 + 3,655 + 19,617 CAPITAL ACCOUNTS Capital paid in 1,783 — + 153 Surplus 1,781 + 11 + 155 Other capital accounts 322 - 2 - 5 * 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 $ 2,400 million was outstanding at the end of the latest statement week. 2 Net of $ 786 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 530 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. * Estimated (Atlanta District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, January 15, 1986 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 634 9,942 + ,664 186 + 89 18 days to 90 days 10 42,746 + 437 813 - 51 91 days to 1 year 56,310 + 70 1,746 + 102 Over 1 year to 5 years 35,672 + 22 3,886 - 140 Over 5 years to 10 years 14,763 22 1,187 Over 10 years 21,759 409 Total 644 181>1*2 + 3.T71 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 BANK ON January 15, 1986 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 508 28 16 25 34 92 52 32 28 23 49 42 87 Loans 644 10 41 9 26 253 39 21 6 3 215 6 15 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 88,819 5,189 29,626 3,110 5,192 7,833 2,721 9,785 2,578 1,171 3,962 5,741 11,911 Notes 67,647 3,952 22,564 2,369 3,954 5,967 2,072 7,453 1,964 891 3,017 4,372 9,072 Bonds 24,726 1,444 8,247 866 1,446 2,181 757 2,724 718 326 1,103 1,598 3,316 Total bought outright 2 181,192 10,585 60,437 6,345 10,592 15,981 5,550 19,962 5,260 2,388 8,082 11,711 24,299 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 181,192 10,585 60,437 6,345 10,592 15,981 5,550 19,962 5,260 2,388 8,082 11,711 24,299 Total loans and securities 190,063 11,076 63,222 6,642 11,099 16,960 5,841 20,889 5,505 2,499 8,664 12,249 25,417 Cash items in process of collection 9,515 491 1,592 449 382 543 846 797 611 380 1,393 534 1,497 Bank premises 606 93 30 48 28 101 48 22 18 25 46 19 128 Other assets 3 14,624 441 2,954 469 641 722 839 4,681 323 292 487 1,147 1,628 Interdistrict settlement account -0- - 90 +1,018 -1,018 16 - 913 +2,067 - 166 + 323 + 462 -1,132 - 705 + 170 TOTAL ASSETS 231,124 12,978 73,463 7,293 13,073 18,900 10,298 28,326 7,322 3,900 10,387 14,306 30,878 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 $ 2,400 million was outstanding at the end of the latest statement week. 2 Net of $ 786 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 530 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 (Atlanta 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 January 15, 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta * Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 177,191 11,145 53,535 5,458 11,094 16,072 6,358 23,365 5,613 2,596 7,623 10,785 23,547 Deposits: Depository institutions 32,641 1,118 10,924 1,113 1,184 1,878 2,732 3,405 931 648 1,096 2,529 5,083 U.S. Treasury—general account 5,669 5,669 Foreign—official accounts 191 5 78 7 9 8 12 20 4 5 7 12 24 Other 575 1 447 1 35 1 79 2 1 2 1 5 Total deposits 39,076 1,124 17,118 1,120 1,194 1,921 2,745 3,504 937 654 1,105 2,542 5,112 Deferred availability cash items 8,715 460 1,101 459 422 509 746 688 590 497 1,396 520 1,327 Other liabilities and accrued dividends 1 2,256 125 722 78 131 189 143 247 61 33 99 139 289 TOTAL LIABILITIES 227,238 12,854 72,476 7,115 12,841 18,691 9,992 27,804 7,201 3,780 10,223 13,986 30,275 CAPITAL ACCOUNTS Capital paid in 1,783 53 439 83 107 90 148 241 54 58 80 149 281 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 322 18 109 12 18 28 11 40 13 4 4 23 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 231,124 12,978 73,463 7,293 13,073 18,900 10,298 28,326 7,322 3,900 10,387 14,306 30,878 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 207,917 13,627 57,193 7,888 12,546 17,993 10,134 25,603 7,055 3,259 11,018 12,883 28,718 Less—Held by F.R. Banks 30,726 2,482 3,658 2,430 1,452 1,921 3,776 2,238 1,442 633 3,395 2,098 5,171 F. R. notes, net 177,191 1111,,114455 5533,,553355 55,,445588 1111,,009944 1166,,007722 66,,335588 2233,,336655 55,,661133 22,,559966 77,,662233 1100,,778855 23,547 Collateral held against F.R. notes: Gold certificate account 11,090 Special Drawing Rights certif. acct. 4,718 Other eligible assets -0- U.S. govt, and agency securities 161,383 Total collateral 177,191 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. k Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis