H.4.1 Factors Affecting Reserve Balances of Depository Institutions

>ofcow'- FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of 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 April 10, 1986 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss WWeeeekk eennddeedd Change from week ended Wednesday AApprriill 99,, 11998866 April 2, 1986 kpril 10, 1985 April 9, 1986 Reserve Bank credit: *. 2 201,429 - 309 + 16,808 201,627 U.S, government securities- Bought outright—system account 176,160 + 111 + 14,619 174,918 Held under repurchase agreements — Federal agency obligations- Bought outright 8,187 — - 185 8,187 Held under repurchase agreements -" —_ __ Acceptances- Bought outright — — Held under repurchase agreements — — __ Loans to depository institutions 952 + 157 ~ 911 2,519 Includes: seasonal borrowing of 70 - 12 - 47 55 extended credit of 579 + 6 - 709 608 Float 691 - 375 - 122 441 Other F.R. assets 15,439 - 201 + 3,407 15,562 Gold stock 11,090 — - 3 11,090 Special Drawing Rights certificate account 4,718 — ' + 100 4,718 Treasury currency outstanding 17,232 + 14 + 615 17,244 Total factors supplying reserve funds 234,469 - 295 + 17,520 234,679 Currency in circulation* 194,389 + 1,138 + 13,055 194,878 Treasury cash holdings* 613 — + 44 613 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,365 + 439 - 824 2,900 Foreign 231 _ 13 + 40 251 Service-related balances and adjustments 3 1,760 - 303 + 192 1,536 Other 469 + 15 + 105 445 Other F.R. liabilities and capital 6,092 - 82 - 422 6,093 Total factors, other than reserve balances, absorbing reserve funds 206,921 + 1,195 + 12,192 206,716 Reserve balances with F.R. Banks 4 27,548 - 1,490 f 5,327 27,963 On April 9, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 142,214 million, an increase of $ 2,216 million for the week. 1 Net of $ 4,934 million, daily average, matched saie-purchase transactions outstanding during the latest statement week, of which a net of $ 4,547 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 6,300 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $6,300 million was with foreign official and international accounts. Includes $ 295 million securities loaned—fully secured U.S, government securities. 3 Consists of required clearing balances of $ 1,536 million and adjustments of $ 224 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, lApril 9, 1986 April'2, 1986 April 10, 1985 ASSETS Gold certificate account 11,090 — - 3 Special Drawing Rights certificate account 4,718 — + 100 Coin 571 + 18 + 20 Loans 2,519 + 1,836 - 948 Acceptances- Held under repurchase agreements Federal agency obligations- Bought outright 8,187 185 Meld under repurchase agreements 1 U.S. government securities: Bought outright—Bills 82,545 1,225 + 9,652 Notes 67,397 + 1,327 Bonds 24,976 + 1,532 Total bought outright2 174,918 1,225 + 12,511 Held under repurchase agreements 1 Total U.S. government securities 174,918 1,225 + 12,511 Total loans and securities 185,624 611 + 11,378 Items in process of collection (1,016) 7,373 188 + 729 Bank premises 617 1 + 42 Other assets 3 14,945 47 3,177 TOTAL ASSETS (1,016) 224,938 393 + 15,443 LIABILITIES Federal Reserve notes 178,818 967 12,487 Deposits: Depository institutions ' 29,499 - 936 + 1 ,508 U.S. Treasury—general account 2,900 + 83 + 723 Foreign—official accounts 251 + 2 + 24 Other 445 - 47 + 124 Total deposits 33,095 - 898 + 2 ,379 Deferred credit items (1,016) 6,932 + 127 + 565 Other liabilities and accrued dividends4 2,136 - 3 - 248 TOTAL LIABILITIES (1,016) 220,981 + 193 + 15 ,183 CAPITAL ACCOUNTS Capital paid in 1,824 + 139 Surplus 1,781 + 155 Other capital accounts 352 jm. - _3£. • Figures in parentheses are the eliminations made in the consolidating process. 1 Does not include U.S. government and federal agency securities resold undei matched sale-purchase transactions to foreign official and international accounts of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 6,300million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 295 million securities loaned—fully sacured 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 $ 47 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, April 9, 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 | 2,499 — 5,740 - 3,270 83 + 45 16 days to 90 days 20 — 42,134 + 782 715 - 45 91 days to 1 year — — 57,301 + 1,263 1,914 + 5 Over 1 year to 5 years — — 32,621 — 3,788 - 5 Over 5 years to 10 years — — 15,113 — 1,263 — Over 10 years — __~ 22,009 — 424 — Total 2,519 174,918 1,225 8,187 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 April 9, 1986 Millions of dollars 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 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 571 37 21 30 39 94 49 34 28 28 54 66 91 Loans 2,519 83 1,535 19 2 197 — 10 10 14 350 168 131 Acceptances held under repurchase agreements — — — — — — — -- — — — — — Federal agency obligations: Bought outright 8,187 478 2,731 287 478 722 251 902 238 108 365 529 1,098 Held under repurchase agreements 1 __ — — — — — — — — — — — — U.S. government securities: Bought outright—Bills 82,545 4,822 27,533 2,891 4,825 7,280 2,528 9,094 2,396 1,088 3,682 5,336 11,070 Notes 67,397 3,937 22,480 2,360 3,940 5,945 2,064 7,425 1,957 888 3,006 4,356 9,039 Bonds 24,976 1,459 8,331 875 1,460 2,203 765 2,752 725 329 1,114 1,614 3,349 Total bought outright 2 174,918 10,218 58,344 6,126 10,225 15,428 5,357 19,271 5,078 2,305 7,802 11,306 23,458 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 174,918 10,218 58,344 6,126 10,225 15,428 5,357 19,271 5,078 2,305 7,802 11,306 23,458 Total loans and securities 185,624 10,779 62,610 6,432 10,705 16,347 5,608 20,183 5,326 2,427 8,517 12,003 24,687 Items in process of collection 8,389 444 744 363 299 345 754 600 495 329 1,261 559 2,196 Bank premises 617 93 31 48 29 100 49 24 18 24 45 19 137 Other assets 3 14,945 454 3,074 492 661 739 783 4,642 345 317 522 1,206 1,710 Interdistrict settlement account -0- + 626 -6,914 - 721 + 552 + 369 +2,207 +1,239 +1,074 + 841 - 905 - 256 +1,888 TOTAL ASSETS 225,954 13,372 64,197 7,322 13,190 19,389 10,055 28,793 7,800 4,185 10,374 14,617 32,660 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 $ _0- million was outstanding at the end of the latest statement week. 2 Net of $ 6,300 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 295 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 $ 47 million m 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 April 9, 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 178,818 11,182 53,007 5,612 11,319 16,385 5,939 24,478 5,853 2,866 7,589 10,941 23,647 Deposits: Depository institutions 29,499 1,527 5,306 1,100 1,206 2,192 3,006 2,905 1,268 806 1,287 2,702 6,194 U.S. Treasury—general account 2,900 — 2,900 — — — — — — — — — — Foreign—official accounts 251 5 138 7 9 8 12 20 4 5 7 12 24 Other 445 — 309 1 — 56 1 60 1 — 9 1 7 Total deposits 33,095 1,532 8,653 1,108 1,215 2,256 3,019 2,985 1,273 an- 1,303 2,715 6,225 Deferred credit items 7,948 413 814 347 295 351 714 561 491 354 1,209 500 lr,899 Other liabilities and accrued dividends 1 2,136 122 715 75 125 181 72 239 63 33 94 136 281 TOTAL LIABILITIES 221,997 13,249 63,189"" 7,142 12,954 19,173 9,744 28,263 7,680 4,064 10,195 14,292 32,052 CAPITAL ACCOUNTS Capital paid in 1,824 53 453 84 109 95 152 246 56 59 82 152 283 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 352 17 116 13 20 30 12 _43 10 4 17 25 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 225,954 13,372 64,197 7,322 13,190 19,389 10,055 28,793 7,800 4,185 10,374 14,617 32,660 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 211,515 13,933 58,090 7,851 12,692 18,188 10,603 26,508 7,207 3,450 11,375 12,850 28,768 Less-Held by F.R. Banks 32,697 2,751 5,083 2,239 1,373 1,803 4,664 2,030 1,354 584 3,786 1,909 5,121 F.R. notes, net 178,818 11,182 53,007 5,612 11,319 16,385 5,939 24,478 5,853 2,866 7,589 10,941 23,647 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 163,010 Total collateral 178,818 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