H.4.1 Factors Affecting Reserve Balances of Depository Institutions

KJ-^^Fj 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 October 16, 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 rm? s; lQcf8^r lt}' 0ct?M 15» Reserve Bank credit: 12 213,745 1 + 843 i + 20,014 216,106 U.S. government securities- Bought outright—system account 187,677 + 622 + 17,010 188,988 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 7,988 — - 239 7,988 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 653 - 210 ' - 282 638 Includes: seasonal borrowing of 81 - 15 - 81 79 extended credit of 495 + 1 - 135 480 Float 746 + 279 + 246 1,917 Other F.R. assets 16,680 + 151 + 3,278 16,575 Gold stock 11,084 — - 6 11,084 Special Drawing Rights certificate account 5,018 — + 300 5,018 Treasury currency outstanding 17,471 + 10 +_ 533 17,480 Total factors supplying reserve funds "| 247,318 + 853 + 20,840 249,688 Currency in circulation* i 203,057 + jL ,447 + 13,273 203,429 Treasury cash holdings* 493 + 1 - 48 493 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,701 - 723 - 244 3,105 Foreign 217 + 24 + 14 240 Service-related balances and adjustments3 1,911 - 13 + 79 1,689 Other 576 + 34 + 31 625 Other F.R. liabilities and capital J 6,302 - 55 + 76 6,138 Total factors, other than reserve balances, 1 absorbing reserve funds 215,257 + 715 + 13,181 215,719 Reserve balances with F.R. Banks4 32,062 + 139 + 7,662 33,969 On October 15, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 164,119 million, an increase of $ 1,165 million for the week. 1 Net of $ 3,821 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,821 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,556 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,556 million was with foreign official and international accounts. Includes $ 1,238 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,689 million and adjustments of $ 222 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, ** October 15, 1986 October 8, 1986 October 16, 1985 ASSETS Gold certificate account 11,084 — - 6 Special Drawing Rights certificate account 5,018 — + 300 Coin 528 + 25 + 4 Loans 638 - 1,547 - 249 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 7,988 — 239 Held under repurchase agreements1 — — — U.S. government securities: Bought outright—Bills 96,615 + 1,648 + 16,348 Notes 66,597 — + 525 Bonds 2255,,777766 — . __ ++ 1,377 Total bought outright 2 118888,,998888 + 1,648 18,750 Held under repurchase agreements'* -.- — — Total U.S. government securities 188,988 + 1,648 + 18,750 Total loans and securities 197,614 •+• 101 + 18,262 Items in process of collection (1,702) 12,078 + 5,361 - 6 Bank premises 647 + 52 Other assets3 15,928 _ 98 + 2,977 TOTAL ASSETS (1,702) 242,897 __ 5,389 + 21,583 LIABILITIES 186,970 + 1,089 + 12,712 Federal Reserve notes Deposits: 35,658 + 87 + 8,884 Depository institutions 3,105 106 + 332 U.S. Treasury—general account 240 + 41 + 96 O Fo th r e e r ig n—official accounts 625 + 158 _ 19 39,628 180 9,263 Total deposits (1,702) 10,161 + 4,163 423 Deferred credit items Other liabilities and accrued dividends4 2,145 - 48 - 136 TOTAL LIABILITIES (1,702) 238,904 + 5,384 + 21,416 CAPITAL ACCOUNTS Capital paid in 1,848 + 3 + 90 Surplus 1,780 ~ 1 + 154 Other capital accounts j 365 + 3 - 77 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 $ 1,314 million was outstanding at the end of the latest statement week. Net of $2,556 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,238 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange ratea. Includes special investment account at Chicago of $66 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, October 15, 1986 Acceptances and securities held under repurchase agreements are claaaified 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 | 606 — 10,390 + 3,561 77 - 57 18 days to 90 days 32 44,538 - 1,961 1,069 + 97 91 days to 1 year — — 58,973 + 48 1,409 - 51 Over 1 year to 5 years — — 36,703 + 5 3,861 + 15 Over 5 years to 10 years I — 15,575 - 5 1,148 4 Over 10 years , — 22,809 -_. 424 -- Total 638 188,988 1,648 7,988 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 October 15, 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. 5,018 314 1,489 162 314 461 203 656 160 66 216 307 670 Coin 528 22 19 24 36 91 53 54 28 19 43 44 95 Loans 638 1 — 11 1 8 49 14 16 16 329 188 5 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 7,988 473 2,590 256 469 686 319 891 235 115 328 512 1,114 Held under repurchase agreements 1 ~ — — — — — — — — -- — ~ -- U.S. government securities: Bought outright-Bills 96,615 5,722 31,327 3,094 5,673 8,304 3,856 10,774 2,843 1,396 3,968 6,186 13,472 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 2 188,988 11,191 61,279 6,051 11,098 16,243 7,541 21,076 5,562 2,730 7,763 12,102 26,352 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 188,988 11,191 61,279 6,051 11,098 16,243 7,541 21,076 5,562 2,730 7,763 12,102 26,352 Total loans and securities 197,614 11,665 63,869 6,318 11,568 16,937 7,909 21,981 5,813 2,861 8,420 12,802 27,471 Items in process of collection 13,780 661 1,639 852 804 876 1,292 1,559 742 705 1,748 714 2,188 Bank premises 647 93 34 47 31 100 50 36 19 24 45 19 149 Other assets 3 15,928 490 3,372 553 765 824 962 4,631 388 367 572 1,006 1,998 Interdistrict settlement account -0- + 859 +1,105 - 129 75 - 774 - 201 + 405 - 441 + 213 - 600 - 383 + 21 TOTAL ASSETS 244,599 14,807 74,673 8,258 14,093 19,474 10,775 30,716 7,075 4,423 11,042 15,201 34,062 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 $ 1,314 million was outstanding at the end of the latest statement week. 2 Net of $ 2,556 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 11238 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 $ 66 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 October 15. 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 186.970 11,782 58,055 5,624 11,992 16,146 6,314 25,843 5,372 2,705 8,013 11,398 23,726 Deposits: Depository institutions 35.658 2,187 9,768 1,612 1,199 2,131 2,990 2,859 892 850 1,114 2,657 7,399 U.S. Treasury—general account 3.105 3,105 Foreign-official accounts 240 5 127 7 9 8 12 20 4 5 7 12 24 Other 625 467 1 1 41 2 105 3 3 2 Total deposits 39.628 2,192 13,467 1,620 1,209 2,180 3,004 2,984 896 855 1,124 2,672 7,425 Deferred credit items 11,863 579 1,463 772 515 748 1,027 1,112 621 709 1,647 666 2,004 Other liabilities and accrued dividends 1 2.145 122 677 75 136 176 88 242 63 33 86 132 315 TOTAL LIABILITIES 240,606 14,675 73,662 8,091 13,852 19,250 10,433 30,181 6,952 4,302 10,870 14,868 33,470 CAPITAL ACCOUNTS Capital paid in 1.848 57 459 80 112 100 166 250 57 59 81 157 270 Surplus 1,780 53 439 82 107 91 147 241 54 58 80 148 280 Other capital accounts 365 22 113 5 22 33 29 44 12 4 11 28 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 244,599 14,807 74,673 8,258 14,093 19,474 10,775 30,716 7,075 4,423 11,042 15,201 34,062 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 225,259 14,386 63,772 7,973 13,565 18,631 11,672 28,871 7,004 3,458 11,494 13,720 30,713 Less-Held by F.R. Banks 38,289 2,604 5,717 2,349 1,573 2,485 5,358 3,028 1,632 753 3,481 2,322 6,987 F.R. notes, net 186,970 1111,,778822 5588,,005555 55,,662244 1111,,999922 1166,,114466 66,,331144 2255,,884433 55,,337722 22,,770055 88,,001133 1111,,339988 23,726 Collateral held against F.R. notes: Gold certificate account 11,084 Special Drawing Rights cert if. acct. 5,018 Other eligible assets -0- U.S. govt, and agency securities 170,868 Total collateral 186,970 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