H.4.1 Factors Affecting Reserve Balances of Depository Institutions

UQf GOVt 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 July 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 JJuullyy 99.. 11998866 July 2. 1986 July 10. 1985 July 9. 1986 Reserve Bank credit: 1 2 212,078 + 4,216 +19,440 210,499 U.S. government securities- Bought outright—system account 181,824 - 1,180 +13,121 182,610 Held under repurchase agreements 3,728 + 3,728 + 2,826 1,386 Federal agency obligations- Bought outright 8,137 — - 166 8,137 Held under repurchase agreements 846 + 846 + 583 453 Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 692 - 282 - 704 539 Includes: seasonal borrowing of 106 10 46 97 extended credit of 463 56 + 20 356 Float 798 + 655 36 1,251 Other F.R. assets 16,051 + 447 + 3,814 16,123 Gold stock 11,084 — 6 11,084 Special Drawing Rights certificate account 4,818 — + 200 4,818 Treasury currency outstanding 17,368 + 14 + 587 17,380 Total factors supplying reserve funds 245,348 + 4,230 +20,221 243,781 Currency in circulation* 201,804 + 2,432 +13,111 202,048 Treasury cash holdings* 636 «— + 56 636 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,036 + 246 - 1,508 3,162 Foreign 370 + 131 + 123 241 Service-related balances and adjustments3 1,797 - 151 + 234 1,600 Other 513 + 13 + 204 431 Other F.R. liabilities and capital 6,538 + • 184 + 318 6,076 Total factors, other than reserve balances, absorbing reserve funds 214,695 + 2,856 +12,539 214,194 Reserve balances with F.R. Banks4 30,653 + 1,373 + 7,683 29,587 On July 9, 1986 • marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 152,024 million, an increase of $ 2,041 million for the week. 1 Net of $ 4,784 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,784 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,998 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,998 million was with foreign official and international accounts. Includes $ 379 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $1,600 million and adjustments of $ 197 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, July 9, 1986 July 2, 1986 July 10, 1985 ASSETS Gold certificate account 11,084 — - 6 Special Drawing Rights certificate account 4,818 — + 200 Coin 458 - 11 + 1 Loans 539 - 430 - 88 Acceptances- Held under repurchase agreements — __ __ Federal agency obligations- Bought outright 8,137 — - 166 Held under repurchase agreements1 453 + 453 + 253 U.S. government securities: Bought outright—Bills 90,237 _ 208 + 13,307 Notes 67,097 _ „_ + 31 BBoonnddss 25,276 — + 1,533 TToottaall bboouugghhtt oouuttrriigghhtt** 182,610 _ 208 + 14,871 Held under repurchase agreements1 1,386 + 1,386 + 651 Total U.S. government securities 183,996 + 1,178 + 15,522 Total loans and securities 119933,,112255 + T720T + 1155,,552211 Cash items in process of collection (1221) 77,,880077 878 + 887777 Bank premises 663344 4499 Other assets 3 1155,,448899 _ 117 + 33,,338811 TOTAL ASSETS (1221) 223333,,441155 195 + 2200,,002233 LIABILITIES Federal Reserve notes 185,672 + 1,034 + 12,744 Deposits: Depository institutions 31,187 + 531 + 7,977 U.S. Treasury—general account 3,162 - 716 - 1,571 Foreign—official accounts 241 - 5 + 28 Other 431 - 60 + 102 Total deposits (1221) 35,021 - 250 + 6,536 Deferred availability cash items 6,556 — 410 + 675 Other liabilities and accrued dividends4 2,112 _ 27 _ 118 TOTAL LIABILITIES (1221) 229,451 + 347 + 19,837 CAPITAL ACCOUNTS Capital paid in 1,809 + 3 + 85 Surplus 1,781 + 1 + 155 Other capital accounts 374 156_ 54 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 $"°~ million was outstanding at the end of the latest statement week. Net of $3 998 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 379 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 $ 48 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, July *> 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 483 — 9,727 + 879 554 + 532 16 days to 90 days 56 — 47,847 + 2,146 729 + 128 91 days to 1 year — — 55,219 - 1,847 1,791 _ 207 Over 1 year to 5 years — — 33,600 3,765 Over 5 years to 10 years — — 15,294 — 1,327 mmmm Over 10 years ~~^^-- 2222,,330099 — 442244 __ Total 553399 118833,,999966 + 1,178 88,,559900 + 453 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 July 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 11,084 703 3,146 431 650 959 507 1,394 366 168 598 692 1,470 Special Drawing Rights certif. acct. 4,818 301 1,430 156 301 442 195 630 154 63 208 295 643 Coin 458 22 17 23 30 85 47 23 23 25 49 35 79 Loans 539 17 4 12 4 37 13 28 17 37 184 172 14 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,137 482 2,638 261 478 699 325 907 239 118 334 521 1,135 Held under repurchase agreements 1 453 453 U.S. government securities: Bought outright-Bills 90,237 5,343 29,259 2,890 5,299 7,755 3,600 10,063 2,656 1,304 3,707 5.778 12,583 Notes 67,097 3,973 21,756 2,148 3,940 5,767 2,677 7,483 1.975 969 2,756 4,297 9,356 Bonds 25,276 1,497 8,196 809 1,484 2,172 1,009 2,819 744 365 1,038 1,619 3,524 Total bought outright 2 182,610 10,813 59,211 5,847 10,723 15,694 7,286 20,365 5,375 2,638 7,501 11,694 25,463 Held under repurchase agreements 1 1,386 — 1,386 — — — — — — — — — — Total U.S. government securities 183,966 10,813 60,597 5,847 10,723 15,694 7,286 20,365 5,375 2,638 7,502 11,694 25,463 Total loans and securities 193,125 11,312 63,692 6,120 11,205 16,430 7,624 21,300 5,631 2,793 8,019 12,387 26,612 Items in process of collection 9,028 498 1,096 504 319 986 713 789 663 416 1,185 513 1,346 Bank premises 634 93 33 47 29 100 50 29 19 24 45 19 146 Other assets 3 15,489 458 3,369 505 700 720 842 4,557 355 335 527 1,232 1,889 Interdistrict settlement account -0- + 753 -3,013 + 306 + 375 + 328 + 731 + 938 - 54 + 191 - 217 - 759 + 421 TOTAL ASSETS 234,636 14,140 69,770 8.092 13,609 20,050 10,709 29,660 7,157 4,015 10,414 14,414 32,606 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 $ 3998 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $379 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 $ 48 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 July 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 185,762 11,902 54,616 5,882 11,661 16,826 6,682 25,362 5,547 2,917 8,031 11,373 24,963 Deposits: Depository institutions 31,187 1,494 8,992 1,525 1,270 2,372 2,866 2,812 830 491 1,008 2,124 5,403 U.S. Treasury—general account 3,162 3,162 Foreign-official accounts 241 5 128 7 9 8 12 20 4 5 7 12 24 Other 431 2 316 1 34 2 70 1 1 2 1 1 Total deposits 35,021 1 1,501 12,598 1,532 1,280 2,414 2,880 2,902 835 497 1,017 2,137 5,428 Deferred credit items 7,777 484 857 436 307 413 728 621 590 446 1,100 443 1,352 Other liabilities and accrued dividends1 2.112 122 683 68 123 177 95 240 63 33 87 132 289 TOTAL LIABILITIES 230,672 14,009 68,754 7,918 13,371 19,830 10,385 29,125 7,035 3,893 10,235 14,085 32,032 CAPITAL ACCOUNTS Capital paid in 1,809 57 455 82 110 98 156 248 57 59 83 155 249 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 374 21 122 9 21 31 21 46 11 5 16 26 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 234.636 14,140 69,770 8,092 13,609 20,050 10,709 29,660 7,157 4,015 10,414 14,414 32,606 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 216,692 14,488 59,055 7,855 13,020 18,685 11,516 27,370 6,888 3,467 11,435 13,308 29,605 Less-Held by F.R. Banks 30,930 2,586 4,439 1,973 1,359 1,859 4,834 2,008 1,341 550 3,404 1,935 4,642 F.R. notes, net 185,762 1111,,990022 5544,,661166 55,,888822 1111,,666611 1166,,882266 66,,668822 2255,,336622 55,,554477 22,,991177 88,,003311 1111,,337733 24,963 Collateral held against F.R. notes: Gold certificate account 11.084 Special Drawing Rights certif. ace 4.818 Other eligible assets -0- U.S. govt, and agency securities I 169,860 Total collateral 1 185,762 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