H.4.1 Factors Affecting Reserve Balances of Depository Institutions

ciS^'e FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when -7?^m 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 February 13, 1986 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss _ F _ F ee WW bbrr ee uu ee aa 11 kk rr 99 yy ee 88 nn 66 dd 11 ee 22 dd ,, reD™ C m ha ? ng > e from 1T w e e b e r k u t e 5 n A de , d 13 ' _ 1 J „ F „ F eebb WW rr ee uu dd aa 11 nn rr 99 yy ee 88 ss 66 dd II aa ZZ yy ,, Reserve Bank credit: 1-2 198,105 - 5 , 9 70 + isTsss 201,509 U.S. government securities- Bought outright—system account 172,271 4,062 + 16,577 175,087 Held under repurchase agreements — 1,323 - 962 Federal agency obligations- Bought outright 8,213 14 - 169 8,195 Held under repurchase agreements — 267 - 310 Acceptances- Bought outright — — — 1 Held under repurchase agreements — — "- 1 Loans to depository institutions 596 131 - 499 639 Includes: seasonal borrowing of 42 3 _ 20 46 extended credit of 472 15 - 263 1 492 Float 1,175 301 + 455 i 1,617 Other F.R. assets 15,850 + 128 + 3,463 15,971 Gold stock 11,090 — _ 4 11,090 Special Drawing Rights certificate account 4,718 __ + 100 4,718 TTrreeaassuurryy ccuurrrreennccyy oouuttssttaannddiinngg 17,138 + 14 + 646 17,150 TToottaall ffaaccttoorrss ssuuppppllyyiinngg rreesseerrvvee ffuunnddss 23T7U5I "= 57J5G "T 19,29; 234,467 Currency in circulation* 191,293 + 668 + 12,814 191,613 Treasury cash holdings* 578 + 12 + 29 575 Deposits, other than reserve balances, with F.R. Banks: Treasury 6,854 5,621 + 2,057 5,596 Foreign 199 47 11 204 SSeerrvviiccee--rreellaatteedd bbaallaanncceess aanndd aaddjjuussttmmeennttss 33 1,860 + 261 + 270 1,505 OOtthheerr 411 61 _ 110 431 OOtthheerr FF..RR.. lliiaabbiilliittiieess aanndd ccaappiittaall 6,391 - 144 + 383 5,997 TToottaall ffaaccttoorrss,, ootthheerr tthhaann rreesseerrvvee bbaallaanncceess,, aabbssoorrbbiinngg rreesseerrvvee ffuunnddss I 207,586 4,931 + 15,432 205,921 Reserve balances with F.R. Banks * 23,465 1,025 + 3,866 28,546 On February 12, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 128,231 million.a decrease of $ 177 million for the week. 1 Net of $ 7,514 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,563 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,453 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,453 million was with foreign official and international accounts. Includes $ 261 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,505 million and adjustments of S 355 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 Wednesday Wednesday, Wednesday, Februarv 12, 1986 Februarv 5, 1986 February 13, 1385- ASSETS 4 11,090 Gold certificate account 4,718 + 100 Special Drawing Rights certificate account 584 + 11 + 57 Coin 639 + 48 974 Loans Acceptances- Held under repurchase agreements Federal agency obligations- 8,195 32 177 Bought outright Held under repurchase agreements 1 U.S. government securities: 82,714 1,996 + 13,151 Bought outright—Bills + 2,510 67,647 Notes + 1,775 Total bought ou B tr o i n g d ht s 2 1 2 7 4 5 , , 7 0 2 8 6 7 + 1,996 + 17,436 T T C o o a H t t s a a h e l l l d U l i o t e . a S u m n n . s d s g e o a i r v n n e r d p e rn p r s o m u e c r c e e c u n s h r t s a i t s s i o e e e f s c a c u g o ri r l t e l i e e e c s m t io en n t s1 (1,472) 1 1 7 8 5 3 7 , , , 0 9 8 8 2 0 7 1 6 + + - + 2 1 3 , , , 9 0 0 9 — 1 3 6 2 2 0 + + + _ 1 1 7 6 , , 4 2 — 3 8 8 4 6 5 7 3 Bank premises 613 + 170 + 3,329 Oth T e O r T a A s L s e A t S s S 3 E TS (1,472) 22 15 4 , , 3 0 5 9 8 0 835 + T?^23 LIABILITIES 12,263 Federal Reserve notes 175,622 673 Deposits: Depository institutions 30,051 1,449 + 5,328 U.S. Treasury—general account 5,596 1,595 + 1,622 64 Foreign—official accounts 204 9 — 48 Other ( 17) 431 Total deposits ( 17) 36,282 137 + 6,838 Deferred availability cash items (1,455) 6,189 1,046 + 485 Other liabilities and accrued dividends4 2,101 59 135 TOTAL LIABILITIES (1,472) 220,194 569 + T9T451 CAPITAL ACCOUNTS + 128 Capital paid in 1,789 + 155 Surplus 1,781 11 Other capital accounts 326 266 • 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 oft* and international accounts of which $ ~0- million was outstanding at the end of the latest statement week. 2 Net of $ 4,453 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ ^ million securities loaned—fully secured by U.S. government securities. t 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment accou 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. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 12, 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 TWeekly^hangeg Holdings [Weekly changes' Holdings Within 15 days 634 9,568 + 510 58 + 26 16 days to 90 days 5 39,525 + 853 968 8 91 days to 1 year 53,929 + 633 1,749 + 10 Over 1 year to 5 years 35,543 — 3,808 - 60 Over 5 years to 10 years 14,763 — 1,203 Over 10 years 21,759 ~ 409 Total 639 175,087 1,996 8,195 32 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 February 12, 1986 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louts 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 3.277 483 635 969 413 451 357 156 617 713 1,361 Special Drawing Rights certif. acct. 4,718 281 1,354 195 270 426 192 620 157 63 263 307 590 Coin 584 35 21 3i 41 101 62 38 33 26 54 48 94 Loans 639 21 10 24 15 223 48 33 5 4 181 73 2 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8.195 479 2.733 287 479 723 251 903 238 108 365 530 1,099 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 82,714 4.832 27.589 2,897 4.835 7,295 2.534 9,113 2,401 1,090 3.689 5.347 11,092 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 2 175.087 10.228 58,400 6,132 10.235 15,443 5.363 19,290 5,083 2,307 7,809 U.317 23,480 Held under repurchase agreements ' — — — — — — — — — — — — — Total U.S. government securities 175,087 10,228 58,400 6,132 10.235 15,443 5.363 19,290 5.083 2,307 7.809 11,317 23,480 Total loans and securities 183.921 10.728 61,143 6,443 10.729 16.389 5.662 20.226 5,326 2,419 8.355 11.920 24.581 Cash items in process of collection 9.278 1,122 1,355 656 367 400 666 597 517 330 1,178 562 1,528 Bank premises 613 93 31 48 29 101 49 23 18 25 46 19 131 Other assets 3 15.358 475 3,190 495 693 755 770 4,808 353 314 533 1,211 1.761 Interdistrict settlement account -0- - 113 +1,485 - 730 - 110 -1,061 +2.018 - 381 + 411 + 475 - 955 - 917 - 122 TOTAL ASSETS 225.562 13.279 71,856 7.621 12,654 18,080 9,832 27,382 7,172 3,808 10,091 .13,863 29,924 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 S _o- million was outstanding at the end of the latest statement week. 2 Net of S 4,453 million matched sate purchase transactions outstanding at the end of the latest statement week. Includes $ 261 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 S 67 million in Treasury Btlls 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 February 12. 1986 Millions of dollars 1 Total | 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 LIABILITIES Federal Reserve notes J 175,622 I 11.298 53.027 5.468 11,123 15,814 6,170 23.348 5.787 2,754 7,452 10,403 22,978 Deposits: Depository institutions 30,051 1.237 10,063 i.358 795 1.533 2,541 2,603 772 553 1,221 2,530 4,845 U.S. Treasury-general account 5,596 5.596 Foreign-official accounts 1 204 5 91 7 9 8 12 20 4 5 7 12 24 Other 448 1 292 1 41 9 95 3 1 5 Total deposits i 36.299 1,243 16,042 1.365 805 1,582 2,562 2,718 776 558 1,231 2,543 4,874 Deferred avaifability cash items 7,644 495 1,126 538 368 298 723 546 432 344 1.138 446 1.190 Other liabilities and accrued dividends ' I 2.101 119 678 76 128 179 70 248 60 31 95 143 274 TOTAL LIABILITIES 222211..666666 13,155 70.873 7,447 12,424 17,873 9,525 26,860 7,055 3,687 9,916 13,535 29.316 CAPITAL ACCOUNTS Capital paid in 11..778899 53 440 83 105 90 150 242 54 59 81 150 282 Surplus 11,,778811 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 332266 18 104 8 18 26 10 39 9 4 14 30 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 222255,,556622 13,279 71,856 7.621 12,654 18.080 9.832 27,382 7,172 3.808 10,091 13,863 29,924 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes ou tstanding 1 209,034 14.004 57,392 7,910 12,828 17,823 10,242 25.802 7,180 3,538 11,054 12,639 28,622 Less-Held by F.R. Banks 1 33,412 2.706 4,365 2,442 1,705 2,009 4,072 2.454 1,393 784 3,602 2,236 5,644 F.R. notes, net f 175,622 1111,,229988 5533,,002277 55,,446688 1111,,112233 1155,,881144 66,,117700 2233..334488 55..778877 22,,775544 77,,445522 1100,,440033 22,978 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 159,814 Total collateral r 175.622 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