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 ••f^SS^ 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 21, 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 ffccuugguusstt 2200,, llQQffttfftt A^USt 1JfQ»A Augus 1 21»1QI» August 20, 1QfiA Reserve Bank credit: 1 2 209,962 _ 1,437 + 19,815 209,624 U.S. government securities- Bought outright—system account 185,038 _ 271 + 16,487 184,199 Held under repurchase agreements Federal agency obligations- Bought outright 8,047 _ 51 _ 180 8,047 Held under repurchase agreements Acceptances- Bought outright Held under repurchase agreements Loans to depository institutions 933 + 121 146 817 Includes: seasonal borrowing of 140 + 6 81 142 eexxtteennddeedd ccrreeddiitt ooff 429 + 40 _ 95 432 FFllooaatt 449 + 15 _ 210 708 Other F.R. assets 15,496 1,250 + 3,865 15,853 Gold stock 11,084 6 11,084 Special Drawing Rights certificate account 4,818 + 200 4,818 TTrreeaassuurryy ccuurrrreennccyy oouuttssttaannddiinngg 17,409 + 14 -I- 562 17,421 TToottaall ffaaccttoorrss ssuuppppllyyiinngg rreesseerrvvee ffuunnddss 243,273 - 1,423 + 20,571 242,947 Currency in circulation* 201,309 - 195 + 13,407 201,022 Treasury cash holdings* 518 1 32 512 Deposits, other than reserve balances, with F.R. Banks: JZ Treasury 3,454 _ 241 + 272 3,542 Foreign 198 6 4 270 Service-related balances and adjustments 3 1,991 + 154 + 341 1,667 Other 566 + 154 - 95 449 Other F.R. liabilities and capita! 6,311 - 375 + 146 6,122 Total factors, other than reserve balances, absorbing reserve funds 214,348 - 508 + 14,036 213,584 Reserve balances with F.R. Banks 4 28,924 - 914 + 6,535 29,363 On August 20, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 156,105 million, an increase of $ 614 million for the week. 1 Net of $ 2,915 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,915 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,920 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,920 million was with foreign official and International accounts. Includes $ 342 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,667 million and adjustments of $ 324 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 FEDEHAL RESERVE SANKS Millions of dollars Change since •• vvwwoonneeeeaavvyy Wednesday, Wednesday, August 20, 1986 August 13, 1986 August 21, 1985 ASSETS Gold certificate account 11,084 — - 6 Special Drawing Rights certificate account 4,818 — + 200 Coin 484 + 7 - 7 Loans 817 - 64 - 624 Acceptances- __ Held under repurchase agreements Federal agency obligations- Bought outright 8,047 — - 180 Held under repurchase agreements * . — — — U.S. government securities: Bought outright—Bills 91,826 - 283 + 14,810 Notes 66,597 - 500 + 175 Bonds 25,776 + 500 + 1,377 Total bought outright2 184,199 - 283 + 16,362 Held under repurchase agreements1 — — Total U.S. government securities 184,199 - 283 + 16,362 Total loans snd securities 193,063 - 347 + 15,558 Items in process of collection (1027) 6,582 + 535 + 240 Bank premises 642 + 2 + 53 Other assets 3 15,211 _ 1,050 + 3,813 TOTAL ASSETS (1027) 231,884 - 853 + 19,851 LIABILITIES Federsl Reserve notes 184,597 - 574 + 12,815 Deposits: Depository institutions 31,030 948 + 7 374 U.S. Treasury—general account 3,542 + 373 663300 Foreign—official accounts 270 + 71 + 7722 Other 449 + 39 + 3366 Total deposits Deferred credit items 35,291 465 + 66 ,,,,885522 Other liabilities and accrued dividends4 (1027) 55,,887744 + 235 + 49 TOTAL LIABILITIES 22,,113333 "* 42 — 49 (1027) 227,895 - 846 + 19,667 CAPITAL ACCOUNTS C Su a r p p it lu a s l paid in 1,841 + 1 + 93 Other capital accounts 1,781 1 + 155 367 _A_ 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 S -0- million was outstanding at the end of the latest statement week. Net of S 3,920 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 342 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 $56 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 20, 1986 Acceptances snd securities held under repurchase agreements are claaeified aa maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations Loans Acceptances Holdings I Weekly changes Holdings [Weekly changed Within 15 days 813 10,334 1,661 202 202 16 days to 90 days 4 41,920 871 722 202 91 days to 1 year 56,980 840 1,550 Over 1 year to 5 years 36,576 + 2,109 3,845 Over 5 years to 10 years 15,580 + 480 1,304 Over 10 years 22,809 + 500 424 Total 817 184,199 283 8,047 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 20, 1986 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 484 21 15 23 34 91 57 25 26 21 44 43 84 Loans 817 3 1 3 51 30 15 41 31 413 213 16 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,047 476 2,609 258 473 692 321 897 237 116 331 515 1,122 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 91,826 5,438 29,774 • 2,941 5,392 7,892 3,664 10,241 2,702 1,327 3,771 5,880 12,804 Notes 66,597 3,943 21,594 2,132 3,911 5,724 2,657 7,427 1,960 962 2,736 4,265 9,286 Bonds 25,776 1,526 8,358 825 1,514 2,215 1,028 2,875 759 372 1,059 1,651 3,594 Total bought outright 2 184,199 10,907 59,726 5,898 10,817 15,831 7,349 20,543 5,421 2,661 7,566 11,796 25,684 Held under repurchase agreements 1 Total U.S. government securities 184,199 10,907 59,726 5,898 10,817 15,831 7,349 20,543 5,421 2,661 7,566 11,796 25,684 Total loans and securities 93,063 11, 386 62 ,335 6 ,157 11, 293 16, 574 7,700 21, 455 5 ,699 2 ,808 8 ,310 12. 524 26, 822 Items in process of collection 7,609 457 943 343 278 496 722 620 436 390 1, 206 439 1 ,279 O Ba th n e k r p a r s e s m et i s s e 3 s 15, 6 21 4 1 2 43 9 1 3 3 ,0 3 2 3 4 5 4 3 7 0 68 3 5 0 6 1 7 0 9 0 84 5 9 0 4, 5 3 1 3 2 34 1 8 9 33 2 9 4 51 4 6 5 1, 23 1 5 9 2 , 1 0 4 6 9 3 Interdistrict settlement account -0- + 728 + 792 2_ 192 +_8 65 z. 633 - 519 + JJ24 -J24_ + 8 -712 -857 - 80 TOTAL ASSETS 232,911 14,120 71,718 7,495 14,136 18,708 9,561 29,493 6,824 3,821 10,215 14,390 32,430 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 $ 3,920 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 342 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 $ 56 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 Augll Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta, Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 184,597 11,885 55,752 5,610 12,148 15,995 5,820 25,824 5,522 2,784 7,858 11,223 24,176 Deposits: Depository institutions 31,030 1,538 9,404 1,349 1,321 1,889 2,628 2,265 698 487 1,060 2,258 6,133 U.S. Treasury—general account 3,542 ~ 3,542 — — — — — — — — — — Foreign—official accounts 270 5 157 7 9 8 12 20 4 5 7 12 24 Other 449 — 326 — 1 33 3 72 1 1 6 3 3 Total deposits 35,291 1,543 13,429 1,356 1,331 1,930 2,643 2,357 703 493 ,1,073 2,273 6,160 Deferred credit items 6,901 437 840 284 289 379 673 534 415 390 1,019 429 1,212 Other liabilities and accrued dividends 1 2,133 124 688 70 128 180 92 244 61 33 88 134 291 TOTAL LIABILITIES 228,922 13,989 70,709 7,320 13,896 18,484 9,228 28,959 6,701 3,700 10,038 14,059 31,839 CAPITAL ACCOUNTS Capital paid in 1,841 57 456 83 112 99 161 249 57 59 83 156 269 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 367 21 114 9 21 34 25 44 12 4 14 27 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 232,911 14.120 71,718 7,495 14,136 18,708 9,561 29,493 6,824 3,821 10,215 14,390 32,430 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 221,234 14,628 61,428 7,919 13,774 18,573 11,627 28,285 7,103 3,499 11,427 13,404 29,567 Less-Held by F.R. Banks 36,637 2,743 5,676 2,309 1,626 2,578 5,807 2,461 1,581 715 3,569 2,181 5,391 F.R. notes, net 184,597 11,885 55,752 5,610 12,148 15,995 5,820 25,824 5,522 2,784 7,858 11,223 24,176 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 168,695 Total collateral 184,597 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