H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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 24, 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 2233 11998866 July 16, 1986 July 24, 1985 July 23, 1986 rr Reserve Bank credit: 1* 209,295 - 4,195 +18,655 208,831 U.S. government securities- Bought outright—system account 184,790 + 945 +16,443 183,742 Held under repurchase agreements — - 3,187 — — Federal agency obligations- Bought outright 8,137 — 166 8,137 Held under repurchase agreements — - 1,121 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository Institutions 658 166 - 226 689 includes: seasonal borrowing of 126 + 25 53 120 extended credit of 245 - 176 221 315 Float 385 + 89 - 273 194 Other F.R. assets 15,324 757 + 2,876 16,069 Gold stock 11,084 — 6 11,084 Special Drawing Rights certificate account 4,818 — + 200 4,818 Treasury currency outstanding 17,396 + 14 + 595 17,408 Total factors supplying reserve funds 242,593 - 4,181 +19,444 242,141 Currency In circulation* 200,507 - 1,035 +13,470 200,194 Treasury cash holdings* 636 + ' 62 636 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,633 - 359 + 51 3,330 Foreign 210 + 6 30 218 Service-related balances and adjustments 3 1,906 + 196 + 61 1,612 Other 405 67 + 52 369 Other F.R. liabilities and capital 6,294 100 + 80 6,123 Total factors, other than reserve balances, absorbing reserve funds 213,592 - 1,357 +13,747 212,482 Reserve balances with F.R. Banks« 29,001 - 2,824 + 5,698 29,659 On July 23, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and Internationa! accounts were $ 151,692 million, an Increase of $ 417 million for the week. 1 Net of $2,149 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,149 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,203 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,203 million was with foreign official and international accounts. Includes $ 156 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,612 million and adjustments of $294 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 RANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday July 23, 1986 July 16. 1986 Julv 24. 1985 ___ ASSETS Gold certificate account 11,084 — _ 6 Special Drawing Rights certificate account 4,818 — + 200 Coin 463 + 5 - 20 Loans 689 - 1,222 - 226 Acceptances- Held under repurchase agreements _ .. Federal agency obligations- Bought outright 8,137 -.— _ 166 Held under repurchase agreements1 _ 1,671 U.S. government securities: Bought outright—Bills 91,269 + 692 + 15,784 Notes 67,097 _— + 31 BBoonnddss 2255,,227766 — 1,533 TToottaall bboouugghhtt oouuttrriigghhtt22 118833,,774422 + 692 ++ 17,348 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss11 5,463 TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 183,742 4,771 •f 17,348 Total loans and securities 192,568 mm 77664 T67956 Cash items in process of collection (1,020] 5,824 1,923 841 Bank premises 637 + 2 + 49 Other assets 3 TOTAL ASSETS (1,020< ) 2 1 3 5 0 , , 4 8 3 2 2 6 ~ 10,1 5 4 6 0 0 + 1 3 9 , , 4 82 9 8 0 LIABILITIES Federal Reserve notes 183,885 „. 974 + 12,950 Deposits: Depository institutions 31,271 5,160 + 6,279 U.S. Treasury—general account 3,330 1,908 + 448 Foreign—official accounts 218 - 11 + 1 Other 369 120 + 75 Total deposits 35,188 7,199 + 6,803 Deferred availability cash Items Other liabilities and accrued dividends4 (1,020] > 5,630 ~ 1,848 — 17 TOTAL LIABILITIES 2,141 —_ 139 - 104 (1,020] 1 226,844 - 10,160 + 19,632 CAPITAL ACCOUNTS Capital paid in 1,830 + 18 + 98 Surplus 1,781 + 155 Other capital accounts 371 + - ,..-,2 57 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 $ -0- million was outstanding at the end of the latest statement week. Net of $ 3,203 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 156 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 $ 29 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 23, 1986 Acceptances and securities held under repurchase agreements are classified aa maturing within 15 days in accordance with maximum maturity of the agreements. „ LLooaannss AAcccceeppttaanncceess U.S. government securities Federal agency obligations Holdings |Weekly changes Holdings [Weekly changes Within 15 days 685 — 10,105 - 3,164 170 - 1,666 16 days to 90 days 4 — 45,041 - 1,657 693 51 91 days to 1 year — — 57,394 + 50 T,738 + 25 Over 1 year to 5 years — — 33,793 3,833 + 75 Over 5 years to 10 years — — 15,100 -._ 1,279 54 Over 10 years --5555~~ 2222,,330099 — 442244 Total --""668899 118833,,774422 - 4,771 88,,113377 - 1,671 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 Juiy 23, 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 i 630 154 63 208 295 643 Coin 463 21 16 23 32 87 49 25 24 24 48 39 75 Loans 689 6 4 55 4 47 23 28 37 35 247 184 19 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 I — — — — ~ — — — — ~ — — — U.S. government securities: Bought outright-Bills 91,369 5,410 29,626 2,926 5,366 7,853 3,646 10,189 2,689 1,321 3,753 5,850 12.740 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 2 183,742 10,880 59,578 5,883 10,790 15,792 7,332 20,491 5,408 2,655 7,547 11,766 25,620 Held under repurchase agreements 1 ~ — — — — — — — — — — ~ — Total U.S. government securities 183,742 10,880 59,578 5,883 10,790 15,792 7,332 20,491 5,408 2.655 7,547 11,766 25,620 Total loans and securities 192,568 11,368 62,220 6,199 11,272 16,538 7,680 21,426 5,684 2.808 8,128 12,471 26,774 Items in process of collection 6,844 399 643 377 365 367 695 567 458 363 971 436 1,203 Bank premises 637 93 33 47 29 100 51 29 19 24 45 19 148 Other assets 3 15,432 471 3,223 512 719 744 931 4,527 363 338 536 1,254 1,814 Interdistrict settlement account -0- + 587 -1,667 - 202 + 59 + 402 + 361 + 697 - 181 + 159 - 428 - 783 + 996 TOTAL ASSETS 231,846 13,943 69,044 7,543 13,427 19,639 10,469 29,295 6,887 3.947 10,106 14,423 33,123 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 $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 3,203 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 156 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 $ 29 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 23, 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 183,885 11,902 54,773 5.734 11,578 16,392 6,559 24,903 5,490 2,804 7,784 11,267 24,699 Deposits: Depository institutions 31,271 1,330 8,078 1,231 1,196 2,440 2,827 3,064 786 610 1,076 2,280 6,353 U.S. Treasury-general account 3,330 3,330 Foreign-official accounts 218 5 105 7 9 8 12 20 4 5 7 12 24 Other 369 1 269 1 38 2 54 2 1 1 Total deposits 35,188 1.336 11.782 1,239 1,205 2,486 2,841 3,138 790 615 1,085 2,293 6,378 Deferred credit items 6,650 449 786 327 277 359 656 476 422 372 972 399 1,155 Other liabilities and accrued dividends 1 2,141 124 692 69 129 179 88 244 62 34 88 134 298 TOTAL LIABILITIES 227,864 13,811 68.033 7,369 13,189 19,416 10,144 28,761 6,764 3,825 9,929 14,093 32,530 CAPITAL ACCOUNTS Capital paid in 1,830 57 456 82 110 98 156 248 57 59 83 155 269 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 371 22 116 9 21 34 22 45 12 5 14 27 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 231,846 13,943 69,044 7,543 13,427 19,639 10,469 29,295 6,887 3,947 10,106 14,423 33,123 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 218,085 14,642 59.525 7,904 13,215 18,730 12,049 27,306 7,050 3,506 11,332 13,319 29,507 Less-Held by F.R. Banks 34,200 2,740 4.752 2,170 1,637 2,338 5,490 2,403 1,560 702 3,548 2,052 4,808 F. R. notes, net 183,885 1111,,990022 5544..777733 55,,773344 1111,,557788 1166,,339922 66,,555599 2244..990033 55,,449900 22,,880044 77,,778844 1111,,226677 24,699 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 167,983 Total collateral 183,885 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