H.4.1 Factors Affecting Reserve Balances of Depository Institutions

._• GfCOlo FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will-be announced, when •••f^ff^: 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 23, 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 * OOccttoobb 11 ee 9988 rr 66 2222,, 0c tytotf 15» 0c^? r 23» 0ct?S8£ 22» Reserve Bank credit: 1 2 216,068 + 2,323 + 20,500 221,989 U.S. government securities- Bought outright—system account 188,605 + 928 + 17,465 I 188.055 Held under repurchase agreements 1,112 + 1,112 + 1,112 ! f *• *-* * 5 *! , y 0 \J 7 «/ 5 J Federal agency obligations- Bought outright 7,973 — 15 254 7,954 Held under repurchase agreements 244 + 244 + 244 923 , Acceptances- Bought outright .. Held under repurchase agreements Loans to depository institutions 888 + 235 413 2,261 Includes: seasonal borrowing of 95 + 14 80 110000 eexxtteennddeedd ccrreeddiitt ooff 480 15 187 552233 FFllooaatt 601 145 226688 665588 OOtthheerr FF..RR.. aasssseettss 16,645 - 35 ++ 22,,661144 1177,,006633 GGoolldd ssttoocckk 11,084 66 1111,,008844 SSppeecciiaall DDrraawwiinngg RRiigghhttss cceerrttiiffiiccaattee aaccccoouunntt 5,018 ++ 330000 55,,001188 TTrreeaassuurryy ccuurrrreennccyy oouuttssttaannddiinngg 17,481 + 10 ++ 553311 1177,,449900 TToottaall ffaaccttoorrss ssuuppppllyyiinngg rreesseerrvvee ffuunnddss 249,651 + 2,333 + 21,325 255,581 Currency in circulation-* 202,763 — 294 + 13,362 202,415 Treasury cash holdings** 493 __ 51 493 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,552 + 851 98 3,349 Foreign 210 « 7 + 17 206 Service-related balances and adjustments * 1,926 - 13 + 117 1,717 Other 475 „ 101 + 34 439 Other F.R. liabilities and capital 6,291 __ 11 + 58 6,227 Total factors, other than reserve balances, absorbing reserve funds 215,710 + 425 + 13,439 214,846 Reserve balances with F.R. Banks4 33,941 + 1,907 + 7,885 40,735 On October 22, 1986 . marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 164,010 million, a decrease of $ 109 million for the week. 1 Net of $ 2,939 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,939 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,489 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,489 million was with foreign official and international accounts. Includes $ 851 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,717 million and adjustments of $ 209 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Atlanta District). ** 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 OP CONDITION OF ALL FEDERAL RESERVE 1ANKI Millions of dollars ""^^•• Change since ** WWeeddnneessddaayy **** Wednesday, Wednesday, OOccttoobbeerr 2222,, 11998866 October 15, 1986 October 23, 1985 ASSETS Gold certificate account 11,084 — - 6 Special Orawing Rights certificate account 5,018 — + 300 Coin 506 - 22 - 20 Loans 2,261 + 1,623 - 94 Acceptances- Held under repurchase agreements ... ___ Federal agency obligations- Bought outright 7,954 - 34 - 273 Held under repurchase agreements1 923 + 923 + 923 U.S. government securities: Bought outright—Bills 95,682 - 933 + 13,938 Notes 66,597 + 525 Bonds 25,776 — + 1,377 Total bought outright? 188,055 - 933 + 15,840 Held under repurchase agreements1 5,075 + 5,075 + 5,075 Total U.S. government securities 193,130 + 4,142 + 20,915 Total loans and securities 204,268 + 6,654 _ 21,471 Items in process of collection (1002) 6,850 - 5,228 141 Bank premises 648 + 1 + 52 Other assets 3 16,415 + 487 + 2,577 TOTAL ASSETS (1002) 244,789 + 1,892 + 24,233 LIABILITIES Federal Reserve notes 185,924 - 1,046 + 12,800 Deposits: Depository institutions 42,452 + 6,794 + 10,198 U.S. Treasury—general account 3,349 + 244 + 759 Foreign—official accounts 206 - 34 + 26 Other 439 - 186 + 67 Total deposits 46,446 + 6,818 + 11,050 Deferred credit items (1002) 6,192 _ 3,969 + 219 Other liabilities and accrued dividends4 2,181 + 36 53 TOTAL LIABILITIES (1002) 240,743 + 1,839 + 24,016 CAPITAL ACCOUNTS Capital paid in 1,853 + 5 + 94 Surplus 1,780 — + 154 Other capital accounts 413 + 48 - 31 * Figures in parentheses are the eliminations made in the consolidating process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase tranaactiona to foreign official and international accounts of which $ -0- million was outstanding at the end of the latest atatement week. 2 Net of $ 3,489 million matched sale-purchase tranaactiona outstanding at the end of the latest atatement week. Includes $851 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currenciea, revalued monthly at market exchange ratea. Includes special investment account at Chicago of $ 66 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. **Estimated (Atlanta district). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, October 22, 1986 Acceptances and securities held under repurchaae agreements are claaaifled aa maturing within 15 days in accordance with maximum maturity of the agreements. U.8. government securities Federal agency obligations Loans Acceptances Holdings [Weekly changes Holdings [Weekly changes Within 15 days 2,255 14,839 + 4,449 1,120 + 1,043 16 days to 90 daya 6 44,474 64 1,025 44 91 days to 1 year 58,730 - 243 1,355 54 Over 1 year to 5 years 36,703 3,815 46 Over 5 years to 10 years 15,575 1,188 + 40 Over 10 years 22,809 374 - 50 Total 2.261 193,130 + 4,142 "57577 + 889 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (h) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON Oc-tobor 22, 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 1,4 70 Special Drawing Rights certif. acct. 5.018 314* 1,489 162 314 461 203 656 160 66 216 307 670 Coin 506 23 19 24 36 90 53 29 28 19 44 45 96 Loans 2,261 1.393 5 151 9 11 13 27 15 394 237 6 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 7.954 471 2.579 255 467 684 317 887 234 115 327 509 1,109 Held under repurchase agreements 1 923 923 US government securities: Bought outright-Bids 95.682 5,666 31,024 3,064 * 5,619 8,223 3.818 10,671 2,816 1,383 3,930 6,126 13,342 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 2 188.055 11.135 60,976 6.021 11.044 16,162 7.503 20,973 5.535 2,717 7,725 12,042 26,222 Held under repurchase agreements ' 5.075 5,075 Total U.S. government securities 193.130 11.135 66,051 6.021 11.044 16,162 7,503 20,973 5,535 2,717 7.725 12,042 26,222 Total loans and securities 204,268 11.606 70,946 6.281 11,662 16,855 7,831 21.873 5.796 2,847 8,446 12,788 27,337 Items in process of collection 7,852 500 854 389 281 438 785 694 482 436 1,114 448 1,431 Bank premises 648 93 33 47 31 100 51 36 19 24 45 19 150 Other assets 3 16.415 500 3,765 566 776 788 1,028 4.648 393 368 581 1,005 1,997 Interdistrict settlement account -0- + 850 -1.389 + 224 + 375 - 472 +1.891 + 768 - 132 + 297 - 321 - 261 -1,830 TOTAL ASSETS 245,791 14.589 78.863 8.124 14,125 19.219 12,349 30,098 7,112 4,225 10,723 15,043 31,321 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 $ 3.489 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 851 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. •Estimated (Atlanta district). 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 22, 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 185,924 11,728 57,865 5,488 11,808 16,014 6,922 25,589 5,331 2,667 8,067 11,306 23,139 Deposits: Depository institutions 42,452 2,200 14,641 2,079 1,663 2,382 4,081 3,050 1,188 955 1,317 2,827 6,069 U.S. Treasury—general account 3,349 — 3,349 — — — — — — — — — — Foreign—official accounts 206 5 93 7 9 8 12 20 4 5 7 12 24 Other 439 — 317 1 -- 25 1 86 1 — 3 2 3 Total deposits 46,446 2,205 18,400 2,087 1,672 2,415 4,094 3,156 1,193 960 1,327 2,841 6,096 Deferred credit items 7,194 405 815 313 282 395 888 ' 580 405 443 1,052 433 1,183 Other liabilities and accrued dividends 1 2,181 119 736 68 121 170 92 237 59 33 105 130 311 TOTAL LIABILITIES 241,745 14,457 77,816 7,956 13,883 18,994 11,996 29,562 6,988 4,103 10,551 14,710 30,729 CAPITAL ACCOUNTS Capital paid in 1,853 57 464 80 112 100 166 250 57 59 81 157 270 Surplus 1,780 53 439 83 107 91 146 241 54 58 80 148 280 Other capital accounts 413 22 144 5 23 34 41 45 13 5_ 11 28 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 245,791 14,589 78,863 8,124 14,125 19,219 12,349 30,098 7,112 4,225 10,723 15,043 31,321 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 226,565 14,404 63,951 7,992 13,456 18,726 12,508 28,888 7,015 3,466 11,658 13,822 30,679 Less-Held by F.R. Banks 40,641 2,676 6,086 2,504 1,648 2.712 5,586 3,299 1,684 799 3,591 2,516 7,540 F.R. notes, net 185,924 11,728 57,865 5,488 11,808 16,014 6,922 25,589 5,331 2,667 8,067 11,306 23,139 Collateral held against F.R. notes: Gold certificate account 11,084 Special Drawing Rights certif. ace 5,018 Other eligible assets -0- U.S. govt, and agency securities 169,822 Total collateral 185,924 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis