H.4.1 Factors Affecting Reserve Balances of Depository Institutions

of cow FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release wiil 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 January 23, 1986 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJTTaa WW nn ee uu ee aa kk rryy ee rr 22 ttdd 22 ee ,, dd Change from week ended | | | | JJ WW aann ee uu dd aa nn rr ee yy ss dd 22 aayy 22 ,, 11998866 Janua^-TT- JanY3K "' 11998866 Reserve Bank credit: 1 2 209,048 + 3,958 + 29,774 212,436 U.S. government securities- Bought outright—system account 178,833 1,122 + 22,465 179,142 Held under repurchase agreements 4,390 + 3,812 + 4,390 5,958 Federal agency obligations- Bought outright 8,227 — - 162 8,227 Held under repurchase agreements 907 + 756 + 907 1,139 Acceptances- Bought outright — — — __ Held under repurchase agreements — __ — — Loans to depository institutions 964 + 349 + 180 755 Includes: seasonal borrowing of 36 + 11 - 30 40 extended credit of 517 + 32 - 24 552 Float 322 184 - 1,284 1,547 Other F.R. assets 15,405 + 347 + 3,278 15,667 Gold stock 11,090 — - 5 11,090 Special Drawing Rights certificate account 4,718 __ + 100 4,718 Treasury currency outstanding 17,119 + 14 + 657 17,131 Total factors supplying reserve funds 241,975 + 3,972 + 30,526 245,375 Currency in circulation" 192,417 1,632 + 13,728 192,034 Treasury cash holdings* 550 + 22 550 Deposits, other than reserve balances, with F.R. Banks: Treasury 13,856 + 8,824 + 10,556 19,087 Foreign 243 + 16 + 20 215 Service-related balances and adjustments3 2,024 129 - 50 1,517 Other 544 + 111 + 157 412 Other F.R. liabilities and capita! 6,357 + 16 + 135 6,162 Total factors, other than reserve balances, absorbing reserve funds 215,991 + 7,206 + 24,568 219,977 Reserve balances with F.R. Banks 4 25,984 3,234 + 5,957 25,398 On January 22, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 126,093 million, an increase of $ 802 million for the week. 1 Net of $ 3,297 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,297 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,988 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,988 million was with foreign official and international accounts, includes $ 310 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,517 million and adjustments of $ 507 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, Januarv 22^ 1986 January 15, 1986 Janu ary 23, 1985 ASSETS Gold certificate account 11,090 - 5 Special Drawing Rights certificate account 4,718 + 100 Coin 538 + 30 + 62 Loans 755 + 111 - 9 Acceptances- -.... _ v Held under repurchase agreements Federal agency obligations- Bought outright 8,227 _ 162 Hekj under repurchase agreements1 1,139 + 1,139 + 1,139 U.S. government securities: Bought outright—Bills 86,769 _ 2,050 + 18,827 Notes 67,647 + 2,510 BBoonnddss 24,726 — + 1,775 TToottaall bboouugghhtt oouuttrriigghhtt22 179,142 _ 2,050 + 23,112 Held under repurchase agreements1 5,959 + 5,959 + 5,959 Total U.S. government securities 185,101 + 3,909 + 29,071 Total loans and securities 195,222 + 5,159 + 30,039 Cash items in process of collection (1,672) 11,433 + 3,344 + 2,574 Bank premises 612 + 6 + 49 Other assets3 15,055 + 431 + 3,549 TOTAL ASSETS (1,672) 238,668 + 8,970 + 36,368 LIABILITIES Federal Reserve notes 175,991 _ 1,200 + 13,294 Deposits: Depository institutions 26,915 5,726 + 5,471 U.S. Treasury—general account 19,087 + 13,418 + 14,688 Foreign—official accounts 215 + 24 9 Other 412 163 + 46 Total deposits 46,629 + 7,553 + 20,196 Deferred availability cash items Other liabilities and accrued dividends4 (1,672) 9,886 + 2,597 + 2,688 TOTAL LIABILITIES 2,254 ~ 2 — 112 (1,672) 234,760 + 8,948 + 36,066 CAPITAL ACCOUNTS Capital paid in 1,786 + 3 + 151 Surplus 1,781 + 155 Other capital accounts 341 + 19 4 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 official and international accounts of which $ 850 million was outstanding at the end of the latest statement week. Net of $ 2,988 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $310 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 account at Chicago of $ 67 million in Treasury bills 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, January 22, 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 LLooaannss AAcccceeppttaanncceess Holdings [Weekly changes Holdings [Weekly changes Within 15 days 749 — 14,216 + 4,274 1,313 + 1,127 16 days to 90 days 6 — 44,592 + 1,846 773 - 40 91 days to 1 year — — 54,099 - 2,211 1,811 -f 65 Over 1 year to 5 years — — 35,672 3,873 „ 13 Over 5 years to 10 years — — 14,763 _«. 1,187 Over 10 years — — 21,759 — 409 — Total 755 — 185,101 + 3,909 9,366 + 1,139 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 22, 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 538 29 25 26 36 94 58 35 29 24 50 43 89 Loans 755 16 16 44 12 259 54 21 12 3 302 7 9 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 1,139 — 1,139 — — — — — — — — — — U.S. government securities: Bought outright—Bills 86,769 5,069 28,942 3,039 5,072 7,652 2,658 9,559 2,519 1,144 3,870 5,609 11,636 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 2 179,142 10,465 59,753 6,274 10,472 15,800 5,487 19,736 5,201 2,361 7,990 11,579 24,024 Held under repurchase agreements 1 5,959 — 5,959 — — — — — — — — — — Total U.S. government securities 185,101 10,465 65,712 6,274 10,472 15,800 5,487 19,736 5,201 2,361 7,990 11,579 24,024 Total loans and securities 195,222 10,962 69,611 6,606 10,965 16,785 5,793 20,663 5,452 2,472 8,659 12,118 25,136 Cash items in process of collection 13,105 659 1,538 948 648 704 1,313 983 926 617 1,871 794 2,104 Bank premises 612 94 33 48 29 102 48 22 18 25 46 19 128 Other assets 3 15,055 448 3,338 519 655 703 727 4,714 339 304 500 1,156 1,652 Interdistrict settlement account -0- + 118 +3,759 -1,349 - 218 -1,391 +1,295 -1,423 - 147 + 292 -1,227 -1,186 +1,477 TOTAL ASSETS 240,340 13,249 82,935 7,476 13,020 18,392 9,839 27,065 7,131 3,953 10,779 13,964 32,537 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 $ 850 million was outstanding at the end of the latest statement week. 2 Net of $ 2,988 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 31° 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. 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 22, 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 175,991 11,151 53,515 5,366 10,969 15,876 6,009 23,456 5,526 2,630 7,572 10,584 23,337 Deposits: Depository institutions 26,915 1,269 6.868 1,005 1,135 1,536 2,431 1,866 548 560 1,128 2,213 6,356 19,087 19.087 U.S. Treasury—general account Foreign-official accounts 215 5 102 7 9 8 12 20 4 5 7 12 24 Other 412 265 1 1 33 1 72 1 3 22 13 Total deposits 46,629 1.274 26.322 1,013 1,145 1,577 2,444 1.958 553 565 1,138 2,247 6,393 Deferred availability cash items 11,558 577 1,298 842 545 544 99y 885 871 605 1,797 678 1,917 Other liabilities and accrued dividends ' 2,254 123 805 76 128 186 79 244 63 33 97 136 284 TOTAL LIABILITIES 236,432 13,125 81,940 7,297 12,787 18,183 9,531 26,543 7,013 3,833 10,604 13,645 31,931 CAPITAL ACCOUNTS Capital paid in 1,786 53 439 83 107 90 148 241 54 59 81 149 282 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 341 18 117 13 19 28 13 40 10 3 14 22 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 240,340 13,249 82,935 7,476 13,020 18,392 9,839 27,065 7,131 3,953 10,779 13,964 32,537 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 208,274 13,743 57,391 7,846 12,580 17,900 10,028 25,773 7,029 3,395 11,074 12,811 28,704 Less Held by F R Banks 32,283 2,592 3,876 2,480 1,611 2,024 4,019 2,317 1,503 765 3,502 2,227 5,367 F. R. notes, net 175,991 1111,,115511 5533,,551155 55,,336666 1100,,996699 1155,,887766 66,,000099 2233,,445566 55,,552266 22,,663300 77,,557722 1100,,558844 23,337 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 160,183 Total collateral 175,991 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