H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.•rissyggk FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when •:MLRE' 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 30, 1986 Averages of daily figu res (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJaaWWnnuuee mm eekk22 99ee>>nn ddeedd** Jan C m h i ange 2 2> fr om w J e a e nV k 3 e S n % de d 3 0' JJaa WW nn 1199 ee uu 88 dd 66 aa '' nn rr ee yy ssdd 22 aa 99 yy ,, * Reserve Bank credit: 1 2 208,374 - 674 + 28,473 206,918 U.S. government securities- Bought outright—system account 178,904 + 71 + 22,046 178,139 Held under repurchase agreements 3,040 - 1,350 + 2,602 2,564 Federal agency obligations- Bought outright 8,227 - 162 8,227 Held under repurchase agreements 875 - 32 + 824 768 Acceptances- Bought outright — -- — — Held under repurchase agreements — — — — Loans to depository institutions 841 - 123 - 326 769 • Includes: seasonal borrowing of 41 + 5 - 19 52 extended credit of 540 + 23 - 104 506 Float 988 + 666 + 111 832 Other F.R. assets 15,499 + 94 + 3,377 15,619 Gold stock 11,090 — - 5 11,090 Special Drawing Rights certificate account 4,718 — + 100 4,718 Treasury currency outstanding 17,133 +_ 14 +__ 659 17,145 Total factors supplying reserve funds 241,315 - 660 + " 29,227 239,871 Currency in circulation** 190,898 _ 1,519 + 13,588 190,594 Treasury cash holdings** 550 + 16 550 Deposits, other than reserve balances, with F.R. Banks: Treasury 17,487 + 3,631 + 12,541 17,077 Foreign 230 - 13 + 18 228 Service-related balances and adjustments 3 1,842 - 190 + 230 1,525 Other 443 - 101 - 131 366 Other F.R. liabilities and capital 6,393 +_ 36 +_ 227 6,171 Total factors, other than reserve balances, absorbing reserve funds 217,843 + 1,844 + 26,489 216,511 Reserve balances with F.R. Banks4 23,472 - 2,504 + 2,738 23,360 On January 29, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 127,422 million, an increase of $ 1»329 million for the week. 1 Net of $ 3,226 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,226 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,991 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,991 million was with foreign official and international accounts. Includes $ 311 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,525 million and adjustments of $ 317 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Dallas 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, Wednesda}r, January 29, 1986 January 22, 1986 January 30. 1985 ASSETS Gold certificate account 11,090 — - 5 Special Drawing Rights certificate account 4,718 — + 100 Coin 560 + 22 + 65 Loans 769 + 14 - 1,141 Acceptances- Held under repurchase agreements Federal agency obligations- Bought outright 8,227 — - 162 Held under repurchase agreements1 768 - 371 + 768 U.S. government securities: Bought outright—Bills 85,766 - 1,003 + 18,436 Notes 67,647 + 2,510 BBoonnddss 24,726 — + 1,775 TToottaall bboouugghhtt oouuttrriigghhtt^^ 178,139 - 1,003 + 22,721 Held under repurchase agreements'! 2,564 _ 3,395 + 2,564 Total U.S. government securities 180,703 _ 4,398 + 25,285 Total loans and securities 190,467 _ 4,755 + 24,750 Cash items in process of collection (1,162) 6,795 _ 4,638 410 Bank premises 610 2 -l_ 4400 Other assets 3 15,009 46 + 33,,225555 TOTAL ASSETS (1,162) 229,249 _ 9,419 + 2277,,779955 '' LIABILITIES Federal Reserve notes 174,559 - 1,432 + 12,714 Deposits: Depository institutions 24,885 - 2,030 + 1,168 U.S. Treasury—general account 17,077 _ 2,010 + 14,114 Foreign—official accounts 228 + 13 _ 10 Other 366 _ 46 _ 284 Total deposits " 42,556 _ 4,073 + 14,988 Deferred availability cash items (1,162) 5,963 _ 3,923 _ 122 Other liabilities and accrued dividends4 2,230 24 129 TOTAL LIABILITIES (1,162) *225,308 - 9,452 + 27745T CAPITAL ACCOUNTS Capital paid in 1,789 + 3 + 154 Surplus 1,781 — + 155 Other capital accounts 371 + 30 + 35 * 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 officiai and international accounts of which $ 850 million was outstanding at the end of the latest statement week. 2 Net of $ 3,991 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 311 million securities loaned—fuily 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 $ 68 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 (Dallas District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, January 29, 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 763 — 8,786 - 5,430 885 428 16 days to 90 days 6 — 44,084 508 867 + 94 91 days to 1 year — — 55,639 + 1,540 1,763 48 Over 1 year to 5 years — — 35,672 — 3,868 5 Over 5 years to 10 years — — 14,763 — 1,203 4- 16 Over 10 years --^^55 2211,,775599 — 440099 — Total 776699 118800,,770033 - 4,398 88,,999955 - 371 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 Ja*uary 29, 1986 Millions of dollars Tnta! 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. 4,718 ' 281 1,354 195 270 426 192 620 157 63 263 307 590 Coin 560 32 27 28 37 98 60 37 29 24 52 46 90 Loans 769 20 26 47 — 249 56 27 13 4 234 56 37 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 1 768 — 768 ~ — — — — — — — — ~ U.S. government securities: Bought outright-Bills 85,766 5,010 28,607 3,004 5,014 7,564 2,627 9,449 2,490 1,130 3,825 5,544 11,502 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 Totai bought outright 2 178,139 10,406 59,418 6,239 10,414 15,712 5,456 19,626 5,172 2,347 7,945 11,514 23,890 Held under repurchase agreements 1 2,564 — 2,564 — __ — — __ — — — — — Total U.S. government securities 180,703 10,406 61,982 6,239 10,414 15,712 5,456 19,626 5,172 2,347 7,945 11,514 23,890 Total loans and securities 190,467 10,907 65,520 6,574 10,895 16,687 5,764 20,559 5,424 2,459 8,546 12,102 25,030 Cash items in process of collection 7,957 495 616 364 316 387 700 612 623 406 1,279 729 1,430 Bank premises 610 93 31 47 29 101 48 ' 23 18 25 46 19 130 Other assets 3 15,009 450 3,237 480 666 718 736 4,724 341 299 508 1,165 1,685 Interdistrict settlement account -0- + 117 +5,298 -1,346 - 729 -1,514 +1,707 - 985 - 156 + 325 -1,267 -1,055 - 395 TOTAL ASSETS ; 230,411 13,033 79,360 6,825 12,119 17,872 9,620 27,041 6,793 3,757 10,044 14,026 29,921 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 $ 3,991 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 311 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 $ 68 million in Treasury Bills maturing within 90 days. * Estimated (Dallas 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 29,. 1986 Millions of dollars Kansas San Total I Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas* Francisco LIABILITIES Federal Reserve notes 174,559 11,160 52,805 5,347 10,761 15,711 6,151 23,229 5,490 2,654 7,530 10,492 23,229 Deposits: Depository institutions 24,885 1,196 6,611 906 719 1,403 2,395 2,401 649 559 1,032 2,357 4,657 U.S. Treasury—general account 17,077 17,077 Foreign—official accounts 228 5 115 7 9 8 12 20 4 5 7 12 24 Other 366 1 248 1 31 1 74 1 3 1 5 Total deposits 42,556 1,202 24,051 913 729 1,442 2,408 2,495 654 564 1,042 2,370 4,686 Deferred availability cash items 7,125 418 776 309 264 318 666 541 463 384 1,197 686 1,103 Other liabilities and accrued dividends 1 2,230 127 733 78 133 191 85 251 68 33 100 141 290 TOTAL LIABILITIES 226,470 12,907 78,36 5 6,647 11,887 17,662 9,310 26,516 6,675 3,635 9,869 13,689 29,308 CAPITAL ACCOUNTS Capital paid in 1,789 53 440 83 10/ 90 149 242 54 59 81 149 282 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 371 20 116 12 18 29 14 42 10 5 14 40 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 230,411 13,033 79,360 6,825 12,119 17,872 9,620 27,041 6,793 3,757 10,044 14,026 29,921 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 208,363 13,854 57,104 7,879 12,444 17,893 10,354 25,798 6,990 3,411 11,049 12,744 28,843 Less—Held by F.R. Banks 33,804 2,694 4,299 2,532 1,683 2,182 4,203 2,569 1,500 757 3,519 2,252 5,614 F.R. notes, net 174,559 1111,,116600 5522,,880055 55,,334477 1100,,776611 1155,,771111 66,,115511 2233,,222299 55,,449900 22,,665544 77,,553300 1100,,449922 23,229 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 158,751 Total collateral 174,559 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. *Estimated (Dallas District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis