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 •AL RES*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 31, 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 3300.. 11998866 July 23. 1986 July 31. 1985 July 30, 1986 Reserve Bank credit: 1 2 209,795 + 500 +20,619 210,292 U.S. government securities— Bought outright—system account 184,256 - 534 +17,626 184,104 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,137 ~ - 159 8,137 Held under repurchase agreements — — — — Acceptances- Bought outright — — -*- — Held under repurchase agreements — — — — Loans to depository institutions 746 + 88 204 909 Includes: seasonal borrowing of 128 + 2 62 134 extended credit of 342 + 97 204 370 Float 608 + 223 12 913 Other F.R. assets 16,048 + 724 + 3,369 16,229 Gold stock 11,084 — 6 11,084 Special Drawing Rights certificate account 4,818 — + 200 4,818 Treasury currency outstanding 17,370 + 10 + 559 17,379 Total factors supplying reserve funds 243,068 + 511 +21,373 243,573 Currency in circulation* 199,655 - 804 +13,095 199,955 Treasury cash holdings* 636 — + 62 636 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,862 + 229 + 137 3,286 Foreign 255 + 45 + 51 204 Service-related balances and adjustments3 1,811 - 98 + 88 1,614 Other 406 + 1 + 108 415 Other F.R. liabilities and capital 6,258 - 47 + 47 6,088 Total factors, other than reserve balances, absorbing reserve funds 212,883 - 674 +13,588 212,198 Reserve balances with F.R. Banks « 30,183 + 1,185 + 7,784 31,374 On July 30, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 151,639 million, a decrease of $ 53 million for the week. 1 Net of $2,990 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,990 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $3,371 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,371 million was with foreign official and international accounts. Includes $216 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,614 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 30, 1986 July 23, 1986 July 31, 1985 ASSETS Gold certificate account 11,084 — - 6 Special Drawing Rights certificate account 4,818 — •f 200 Coin 475 + 12 _. 11 Loans 909 + 220 - 658 Acceptances- Held under repurchase agreements Federal agency obligations- Bought outright 8,137 — 120 Held under repurchase agreements1 — U.S. government securities: Bought outright—Bills 91,731 + 362 + 15,445 Notes 67,097 — + 31 Bonds 25,276 — + 1,533 Total bought outright2 184,104 + 362 + 17,009 Held under repurchase agreements1 — Total U.S. government securities 184,104 + 362 + 17,009 Total loans end securities 193,150 + 582 + 16,231 Cash items In process of collection (1259) 6,696 + 872 698 Bank premises 637 + 49 Other assets 3 15,592 + 160 + 1,605 TOTAL ASSETS (1259) 232,452 + 1,626 + 17,370 LIABILITIES Federal Reserve notes 183,688 , - 197 + 12,402 Deposits: Depository institutions 32,988 + 1,717 + 6,735 U.S. Treasury—general account 3,286 - 44 + 630 Foreign—official accounts 204 - 14 - 70 Other 415 + 46 + 92 Total deposits 36,893 + 1,705 + 7,387 Deferred availability cash items (1259) 5,783 + 153 _ 2,182 Other liabilities and accrued dividends4 2,104 _ 37 __ 108 TOTAL LIABILITIES (1259) 228,468 + 1,624 + 17,499 CAPITAL ACCOUNTS Capital paid in 1,833 + 3 + 92 Surplus 1,781 + 155 Other capital accounts - :.— 370 - 1, 376 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 $ 3,371 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $216 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 30, 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 901 — 10,068 — 37 175 + 5 16 days to 90 days 8 — 45,390 + 349 645 - 48 91 days to 1 year — — 57,444 + 50 1,704 - 34 Over 1 year to 5 years — — 33,793 3,885 + 52 Over 5 years to 10 years — — 15,100 — _ 1,304 + 25 Over 10 years 2222,,330099 — 442244 __««.. Total ""990099 118844,,110044 + 362 88,,113377 — 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 julv 30, 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 475 22 16 24 35 89 51 25 24 23 45 41 80 Loans 909 8 29 96 5 42 23 39 44 32 319 218 54 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 ~ ~ -- — — — — — — — — — — U.S. government securities: Bought outright—Bills 91,731 5,432 29,743 2,938 5,387 7,884 3,660 10,230 2,699 1,326 3,768 5,873 12, 791 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 2 184,104 10,902 59,695 5,895 10,811 15,823 7,346 20,532 5,418 2,660 7,562 11,789 25,671 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 184,104 10,902 59,695 5,895 10,811 15,823 7,346 20,532 5,418 2,660 7,562 11,789 25,671 Total loans and securities 193,150 11,392 62,362 6,252 11,294 16,564 7,694 21,478 5,701 2,810 8,215 12.528 26,860 Items in process of collection 7,955 711 815 544 364 412 798 780 412 375 947 469 1,328 Bank premises 637 93 33 47 30 100 50 29 19 24 45 19 148 Other assets 3 15,592 486 3,268 517 739 757 863 4,559 381 342 544 1,292 1,844 Interdistrict settlement account -0- + 457 + 219 - 53 67 - 281 - 208 + 439 6 + 331 -.387 - 890 -f 446 TOTAL ASSETS 233,711 14,165 71,289 7,918 13,346 19,042 9,950 29,334 7,051 4,136 10,215 14,446 327819 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 $ 3,371 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 216 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 30. 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes j 183,688 11,885 55,029 5,726 11,701 16,180 6,267 25,156 5,571 2,793 7,792 11,222 24,366 Deposits: Depository institutions 32.988 1,549 10.125 1,323 880 2,100 2,607 2,798 903 795 1,233 2,321 6,354 U.S. Treasury—general account 3,286 3,286 Foreign-official accounts 204 5 91 7 9 8 12 20 4 5 7 12 24 Other 415 324 1 36 3 46 1 2 1 1 Total deposits 36.893 1,554 13,826 1,330 890 2,144 2,622 2.864 908 800 1,242 2,334 6,379 Deferred credit items 7,042 473 741 621 386 321 649 539 387 387 919 428 1,191 Other liabilities and accrued dividends 1 2,104 121 680 66 131 175 88 241 61 34 86 132 289 TOTAL LIABILITIES 229,727 14,033 70,276 7,743 13,108 18,820 9,626 28.800 6,927 4,014 10,039 14,116 32,225 CAPITAL ACCOUNTS Capital paid in 1,833 57 456 83 111 98 156 249 57 59 83 155 269 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 370 22 118 9 20 33 21 44 13 5 13 27 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 233,711 14.165 71,289 7.918 13,346 19,042 9,950 29,334 7,051 4,136 10,215 14,446 32,819 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 218,655 14,729 60,087 7,862 13,292 18,655 11,915 222777,,,444999999 777,,,000999111 333,,,444888666 111111,,,222999999 111333,,,333333666 29.404 Less-Held by F.R. Banks 34,967 2,844 5,058 2,136 1,591 2,475 5,648 222,,,333444333 111,,,555222000 666999333 333,,,555000777 222,,,111111444 5,038 F. R. notes, net 183,688 1111,,888855 5555,,002299 55,,772266 1111,,770011 1166,,118800 66,,226677 222555,,,111555666 555,,,555777111 222,,,777999333 777,,,777999222 111111,,,222222222 24,366 Collateral held against F.R. notes: Gold certificate account > 11,084 Special Drawing Rights certif. ace 4,818 Other eligible assets -0- 1*7,7*1* U.S. govt, and agency securities 183,688 Total collateral 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