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 August 7, 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 AAuugguusstt 66,, 11998866 July 30, 1986 August 7, 1985 August 6, 1986 Reserve Bank credit: 1 2 211,327 + 1,554 +20,792 210,328 U.S. government securities- Bought outright—system account 184,720 + 464 +16,980 183,930 Held under repurchase agreements — — Federal agency obligations- Bought outright 8,137 — - 120 8,137 Held under repurchase agreements — — -,- — Acceptances- Bought outright — Held under repurchase agreements — — Loans to depository institutions 705 41 130 716 Includes: seasonal borrowing of 134 + 6 92 125 extended credit of 357 + 15 - 133 373 Float 1,309 + 733 + 720 790 Other F.R. assets 16,457 + 399 + 3,343 16,755 Gold stock 11,084 6 11,084 Special Drawing Rights certificate account 4,818 + 200 4,818 Treasury currency outstanding 17,381 + 11 + 562 17,393 Total factors supplying reserve funds 244,610 + 1,564 +21,548 243,623 Currency in circulation* 200,607 + 952 +12,924 201,144 Treasury cash holdings* 636 + 80 636 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,524 - 338 + 726 4,349 Foreign 198 57 2 217 Service-related balances and adjustments3 1,820 + 9 + 203 1,635 Other 623 + 217 + 113 436 Other F.R. liabilities and capital 6,674 + 416 + 245 6,497 Total factors, other than reserve balances, absorbing reserve funds 214,082 + 1,199 +14,289 214,914 Reserve balances with F.R. Banks « 30,528 + 367 + 7,258 28,708 On August 6, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 153,894 million, an increase of $ 2,255 million for the week. 1 Net of $ 2,820 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,820 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,713 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,713 million was with foreign official and international accounts. Includes $ 375 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $1,635 million and adjustments of $ 185 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 Wedne sday, Wednes day, August 6, 1986 July 30, 1986 August 7, 1985 ASSETS Gold certificate account 11,084 — " 666 S C p o e in c ial Drawing Rights certificate account 4,8 4 1 7 8 3 - 2 + 222000 111 000 333 Loans 716 - 193 - 145 Acceptances— — — ~ Held under repurchase agreements Federal agency obligations- Bought outright 8,137 — 120 Held under repurchase agreements1 — — __ U.S. government securities: Bought outright—Bills 91,557 - 174 + 14,798 Notes 67,097 — + 25 Bonds 2255,,227766 — ++ 1,527 Total bought outright? 118833,,993300 - 174 ++ 16,350 Held under repurchase agreements1 — — — Total U.S. government securities 183,930 - 174 + 16,350 Total loans and securities 192,783 - 367 + 16,085 Cash items in process of collection (1037) 7,220 + 524 + 382 Bank premises 638 + 1 + 49 Other assets3 16,117 + 525 + 3,496 TOTAL ASSETS (1037) 233,133 + 681 + 20,193 LIABILITIES Federal Reserve notes 184,861 + 1,173 + 12,424- Deposits: Depository institutions 30,343 - 2,645 + 6,317 U.S. Treasury—general account 4,349 + 1,063 + 502 Foreign—official accounts 217 + 13 - 42 Other 436 + 21 + 18 Total deposits 35,345 - 1,548 + 6,795 Deferred availability cash items (1037) 6,430 + 647 + 484 Other liabilities and accrued dividends4 2,087 - 17 - 137 TOTAL LIABILITIES (1037) 228,723 + 255 + 19,566 CAPITAL ACCOUNTS Capital paid in 1,839 + 6 + 98 Surplus 1,781 — + 155 Other capital accounts 790 + 420 + 374 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 $ 3,713 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 375 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 $ 47 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, August 6, 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 656 — 12,880 + 2,812 90 85 16 days to 90 days j 60 — 43,380 - 2,010 799 + 154 91 days to 1 year — — 55,794 - 1,650 1,635 69 Over 1 year to 5 years — — 34,467 + 674 3,885 Over 5 years to 10 years — — 15,100 — 1,304 «._ Over 10 years 2222,,330099 — 442244 — 7711?? __ __ Total 118833,,993300 174 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 August 6, 19&6 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco * 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 473 23 15 24 34 91 52 25 23 22 45 41 78 Loans 716 — 2 20 4 43 20 33 35 35 325 186 13 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 * — — — — — — — — — — — ~ — U.S. government securities: Bought outright-Bills 91,557 5,422 29,687 2,932 5,377 7,869 3,653 10,210 2,694 1,323 3,761 5,862 12,767 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 2 183,930 10,892 59,639 5,889 10,801 15,808 ' 7,339 20,512 5,413 2,657 7,555 11,778 25,647 Held under repurchase agreements * — — — — — — — — — — — — — Total U.S. government securities 183,930 10,892 59,639 5,889 10,801 15,808 7,339 20,512 5,413 2,657 7,555 11.778 25,647 Total loans and securities 192,783 11,374 62,279 6,170 11,283 16,550 7,684 21,452 5,687 2,810 8,214 12,485 26,795 Items in process of collection 8,257 591 1,076 496 300 487 761 667 421 491 1,096 477 1,394 Bank premises 638 93 33 47 30 100 50 30 19 24 45 19 148 Other assets 3 16,117 499 3,388 547 758 789 924 4,650 388 379 575 1,305 1,915 Interdistrict settlement account -0- + 583 23 + 28 + 96 - 100 + 268 + 892 - 104 + 75 - 688 - 991 - 36 TOTAL ASSETS 234,170 14,167 71,344 7,899 13,452 19,318 10,441 29,740 6,954 4,032 10,093 14,323 32,407 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 $ _Q- million was outstanding at the end of the latest statement week. 2 Net of $ 3,713 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $375 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 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 August 6 ,' 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 184,861 11,961 55,278 5,763 11,890 16,277 6,282 25,491 5,653 2,811 7,802 11,238 24,415 Deposits: Depository institutions 30,343 1,431 8,670 1,528 873 2,148 2,834 2,768 689 550 927 2,126 5,799 U.S. Treasury—general account 4,349 — 4,349 -•• — — — — — — — — — Foreign—official accounts 217 5 104 7 9 8 12 20 4 5 7 12 24 Other 436 2 310 1 1 36 2 77 1 — 4 1 1 Total deposits 35,345 1,438 13,433 1,536 883 2,192 2,848 2,865 694 555 938 2,139 5,824 Deferred credit items 7,467 504 843 335 294 432 863 556 412 495 1,071 439 1,223 Other liabilities and accrued dividends * 2,087 120 680 70 121 173 85 237 60 35 86 129 291 TOTAL LIABILITIES 229,760 14,023 70,234 7,704 13,188 19,074 10,078 29,149 6,819 3,896 9,897 13,945 31,753 CAPITAL ACCOUNTS Capital paid in 1,839 57 456 83 111 99 160 249 57 59 83 156 269 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 790 34 215 29 46 54 56^ 101 24 19 33 74 105 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 234,170 14,167 71,344 7,899 13,452 19,318 10,441 * 29.740 6,954 4,032 10,093 14,323 32,407 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 219,348 14,707 60,466 7,886 13,396 18,580 11,817 27,813 7,097 3,466 11,322 13,276 29,522 Less-Held by F.R. Banks 34,487 2,746 5,188 2,123 1,506 2,303 5,535 2,322 1,444 655 3,520 2,038 5,107 F.R. notes, net 184,861 11,961 55,278 5,763 11,890 16,277 6,282 25,491 5,653 2,811 7,802 11,238 24,415 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 168,959 Total collateral 184,861 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