H.4.1 Factors Affecting Reserve Balances of Depository Institutions

..•;cg^g^;. : FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when ••f^rf?^: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 30, 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 OOccttoobbeerr 2299.. uct?SBE "' JJcm r JU* October 29, Reserve Bank credit: ' 2 213,822 2,270 + 20,747 21IQ2f,tA5 47 U.S. government securities- Bought outright—system account 188,083 522 + 19,328 188,302 Held under repurchase agreements — 1,112 — """• Federal agency obligations- Bought outright 7,954 19 - 273 7,954 Held under repurchase agreements — 244 -— ""*"• Acceptances- Bought outright — — ~ •"*" Held, under repurchase agreements — — ~" —— Loans to depository institutions 715 173 - 310 807 Includes: seasonal borrowing of 104 + 9 - 70 109 extended credit of 533 + 53 - 135 550 Float 312 316 - 254 517 Other F.R. assets 16,758 + 116 + 2,256 17,067 Gold stock 11,084 — - 6 11,084 Special Drawing Rights certificate account 5,018 — + - 300 5,018 Treasury currency outstanding 17,491 + 10 + 529 17,500 Total factors supplying reserve funds 247,415 2,260 + 21,570 248,249 Currency in circulation* 201,949 814 + 13,429 202,255 Treasury cash holdings* 492 1 - 52 491 Deposits, other than reserve balances, with F.R. Banks: Treasury 3.332 220 + 668 3,594 Foreign 231 + 21 + 28 238 Service-related balances and adjustments * 1,899 27 + 228 1,735 Other 453 22 + 78 455 Other F.R. liabilities and capital 6.266 - 23_ + 96 6,081 Total factors, other than reserve balances, absorbing reserve funds 214,621 1,087 + 14,474 214,849 Reserve balances with F.R. Banks4 32,794 1,173 + 7,097 33,400 On October 29. 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and International accounts were $ 166.086 million, an increase of $ 2,076 million for the week. 1 Net of $ 3,671 million, dally average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,671 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,714 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of S 3,714 million was with foreign official and international accounts. Includes $ 691 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1.735 million and adjustments of $ 164 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 CONOfTION OF AU FIOCRAL RBSIRVE BANKS Millions of dollars Change since ** WWeeddnneeeeddaayy Wednesday Wednesday October 29, 1986 October 22. 1986 October 30. 1985 ASSETS Gold certificate account 11,084 — 6 Special Drawing Rights certificate account 5,018 — + 300 Coin 507 + 1 22 Loans 807 - 1,454 - 285 Acceptances— Held under repurchaae agreements _» _«. ... Federal agency obllgatione— Bought outright 7,954 — - 273 Held under repurchaae agreements' — - 923 U.S. government securities: Bought outright—Bills 95,929 + 247 +24,498 Notes 66,597 — + 525 Bonds 25,776 — + 1,377 Total bought outright 2 188,302 + 247 +26,400 Held under repurchaae agreements1 — 22__ 55..007755 — Total U«S« government seeuntlee 188,302 44,,882288 +26,400 Total loana and securities 197,063 ~ 17205 +25,842 Items in process of collection (1,100) 6,091 _ 634 26 Bank premises 649 + 1 + 55 Other assets 3 16,418 TOTAL ASSETS (1,100) 236,830 Figures In parentheses are the eliminations made m the coneoildatlng process. Does not Include U.S. government and fadaral agency securities reeotd under matched sale-purchase and International accounts of which $ -o million wee outstanding at the end of the lateet atatement Net of S 3,714 million matched sale-purchase tranaaetiona outetandlng at the end of the lateet atatement million securities loaned—fully eecured by DA. government eecurttiee. Includes assets denominated In foreign currencies, revalued monthly at market exchange rate*. mcludee at Chicago of $ 68 million m Treasury Mile maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange ratee of foreign mltments. + l»l 16,418 99 + 2,292 (1,100) 236,830 7.738 +28,435 LIABILITIES Federal Reserve notes 185,753 - 171 +12,762 Deposits: Depository institutions 35,135 - 7,317 +13,241 U.S. Treasury—general account 3,594 + 245 + 2,408 Foreign—official accounts 238 + 32 + 17 Other 455 + 16 + 78 Total deposits 39,422 - 7.024 +15,744 Deferred credit items (1»100) 5,574 - 412 - 188 Other liabilities and accrued dividends* 2,067 «. 109 64 TOTAL LIABILITIES (1.100) 232,816 - 7,716 +28,254 CAPITAL ACCOUNTS Capital paid In 1.853 -.— + 91 Surplus 1,781 + 1 + 155 Other capital accounts • 380 _ - 23 65 to foreign official Includes $ 691 investment account exchange com- MATURITY DISTRIBUTION OF AND SECURITIES, OCTOBER 29, 1986 Acceptances and securities held repurchaae agreements are claaaifiad aa maturing wrthtn 19 daya kt accordance with maximum maturity of the agreements. *#••. o^ywfnmeni oocuniioo Federal agency obligations LLooaannaa AACCCC^^CC-- Holdings HSlAAfctw nhinnn oOHJinge IWeekfy changes fwe^Hiy enangos Within 19 daya 802 — 9,673 -5,166 279 -841 19 daya to 90 days 5 — 46,627 +2,153 940 - 85 91 days to 1 year — — 56,915 -1.815 1,360 + 5 Over 1 year to 5 years — 36,703 — 3,808 - 7 i — Over 5 years to 10 years — — 15,575 — 1.193 + 5 Over 10 years 2222,,880099 — 337744 — Total 880077 mmmmmm 118888,,330022 -4,828 VVSS55SS -923 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 29. 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 507 24 18 25 36 89 54 30 27 19 43 44 98 Loans 807 5 2 36 1 7 20 22 27 20 416 245 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 — — —. — ~ — *""• *•- — — — — — U.S. government securities: Bought outright-Bills 95.929 5,681 31.104 3.072 5,633 8,245 3.828 10,698 2,823 1,387 3.940 6,142 13,376 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 2 188,302 11.150 61,056 6.029 11,058 16.184 7,513 21,000 5,542 2,721 7,735 12,058 26,256 Held under repurchase agreements ' — — — — — — — — — — — — — Total U.S. government securities 188,302 11.150 61,056 6.029 11,058 16,184 7,513 21.000 5,542 2,721 7,735 12,058 26,256 Total loans and securities 197,063 11.626 63,637 6.320 11,526 16.875 7,850 21.909 5,803 2.856 8,478 12,812 27,371 Items in process of collection 7,191 401 779 414 387 405 634 618 395 366 1,028 448 1,316 Bank premises 649 93 32 47 31 100 51 38 19 24 45 19 150 Other assets 3 16,418 512 3,513 582 786 804 944 4.672 401 572 588 1,018 2,026 Interdistrict settlement account -0- j + 619 +1,565 - 452 - 138 - 542 +1.059 + 228 - 531 - 270 - 524 - 500 - 514 TOTAL ASSETS 237,930 14.292 74.179 7,529 13,592 19.151 11,302 29.545 6,640 3.801 10,472 14,840 32,587 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 $ 3,714 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 691 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 $ 68 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.Hc) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October 29. 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 185.753 11,847 58,049 5,421 11,729 16,048 6,807 25,641 5.295 2,668 8,145 11,368 22,735 Deposits: Depository institutions 35,135 1.835 9,663 1,413 1.183 2,344 3,409 2,512 776 590 1,069 2,591 7,750 U.S. Treasury-general account 3.594 3,594 Foreign-official accounts 238 5 125 7 9 8 12 20 4 5 7 12 24 Other 455 346 1 22 2 78 1 2 2 1 39.422 1,840 13,728 1,421 1,192 2,374 3,423 2,610 780 596 1,078 2,605 7.775 Deferred credit items 6,674 357 712 449 308 336 642 524 379 383 994 406 1,184 Other liabilities and accrued dividends1 2,067 117 666 66 122 169 85 234 63 32 84 129 300 TOTAL LIABILITIES 233,916 14.161 73.155 7,357 13,351 18,927 10,937 29,009 6,517 3,679 10,301 14,508 31,994 CAPITAL ACCOUNTS Capital paid in 1,853 57 464 80 112 100 166 250 57 59 81 157 270 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 380 21 121 9 22 33 32 45 12 5 10 27 43 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 237,930 14,292 74,179 7,529 13,592 19,151 11,302 29,545 6.640 3,801 10,472 14,840 32,587 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 227,605 14,553 64,130 7,985 13,445 18,822 12,483 29,001 6,985 3,441 11,774 14,186 30,800 Less-Held by F.R.Banks 41,852 2,706 6,081 2,564 1,716 2,774 5,676 3,360 1,690 773 3,629 2,818 8,065 F. R. notes, net 185,753 1111,,884477 5588,,004499 55,,442211 1111,,772299 1166,,004488 66..880077 2255,,664411 55..229955 22,,666688 88,,114455 1111,,336688 22,735 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 169,651 Total collateral 185,753 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