H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-.oQlcow-V. FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when %^:-* •:**LRE 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 November 6, 1986 Averages of daily figures (millions of dollar^ RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss WWeeeekk eennddeedd Change from week ended W£8§&*5 NNoovveemmbbeerr 55,, fu>c.iit o..lu.jeLii- z9rQr ^ *LTV UVtZMU1 CLCT, c 1986 9 11998866 1QA6 1Q8S Reserve Bank credit: 1 2 216,176 + 2,354 +21,067 218,943 U.S. government securities- Bought outright—system account 189,770 + 1,687 +19,159 190,424 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 7,954 — 273 7,954 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,082 + 367 43 3,502 Includes: seasonal borrowing of 81 23 47 71 extended credit of 419 114 - 109 338 Float 542 + 230 + 173 404 Other F.R. assets 16,827 + 69 + 2,050 16,659 Gold stock 11,084 — 6 11,084 Special Drawing Rights certificate account 5,018 — + 300 5,018 Treasury currency outstanding 17,502 + 11 + 529 17,514 Total factors supplying reserve funds 249,780 + 2,365 +21,890 252,559 Currency in circulation* 202,799 + 850 +13,013 203,300 Treasury cash holdings* 491 1 56 491 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,919 - 413 188 3,746 Foreign 255 + 24 + 19 272 Service-related balances and adjustments3 2,042 + 135 + 359 1,744 Other 643 + 190 + 19 526 Other F.R. liabilities and capital 6,363 + 97 3 6,233 Total factors, other than reserve balances, absorbing reserve funds 215,512 + 883 +13,163 216,312 Reserve balances with F.R. Banks 4 34,268 + 1,482 + 8,729 36,247 On November 5, 1986 .marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $164,174 million, a decrease of $1,912 million for the week. 1 Net of $ 2,457 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $2,457 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 1,887 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 1,887 million was with foreign official and international accounts. Includes $ 608 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,744 million and adjustments of $ 298 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 RANKS Millions of dollars Change since ** WWeeddnneessddaayy ~Wedries<Tay7 Wednesday, November 5, 1986 October 29, 1986 November 6, 1985 ASSETS Gold certificate account 11,084 — - 6 Special Drawing Rights certificate account 5,018 — •f 300 Coin 525 + 18 - 23 Loans 3,502 + 2,695 + 1,056 Acceptances- Held under repurchase agreements _ _ — _ _ Federal agency obligations- Bought outright 7,954 273 Held under repurchase agreements 1 « -.— U.S. government securities: Bought outright—Bills 98,051 + 2,122 + 16,495 Notes 66,597 — 4 175 BBoonnddss 25,776 — + 1,377 TToottaall bboouugghhtt oouuttrriigghhtt?? 190,424 + 2,122 + 18,047 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss11 TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 190,424 + 2,122 + 18,047 Total loans and securities 201.880 + 4,817 + 18,830 Items In process of collection (1,077} 6.812 + 721 578 Bank premises 649 4. 5566 Other assets 3 16,010 - 408 + 11,,550011 TOTAL ASSETS (1,077) 241,978 + 5,148 + 20,080 LIABILITIES Federal Reserve notes 186,802 + 1,049 + 12,037 Deposits: Depository institutions 37,991 + 2,856 + 8,195 U.S. Treasury—general account 3,746 + 152 - 209 Foreign—official accounts 272 + 34 + 62 Other 526 + 71 - 3 Total deposits 42,535 + 3,113 + 8,045 Deferred credit items (1,077) 6,408 •f 834 _ 42 Other liabilities and accrued dividends4 2,258 -f 191 + 11 TOTAL LIABILITIES (1,077) 238,003 + 5,187 + 20,051 CAPITAL ACCOUNTS Capital paid in 1,858 + 5 + 92 Surplus 1,781 — 4- 155 Other capital accounts 336 - 44 ~ 218 * 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 transactions to foreign official and international accounts of which $ 1,802 million was outstanding at the end of the latest statement week. 2 Net of $ 1., 387 million matchad sals-purchase transactions outstanding at the end of the latest statement woek. includes $ 608 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 $ 71 million In Treasury biiis maturing within 90 days. 4 includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AN© SECURITIES, November 5, 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 obligation*. LLooaannss AAcccceeppttaanncceess Holdings (Weekly changes Holdings [Weekly chan g Within 15 days 3,470 — 11,371 + 1,698 125 154 15 days to 90 days 32 — 45,279 - 1,348 1,064 + 124 91 days to 1 year — — 59,131 + 2,216 1,390 + 30 Over 1 year to 5 years — — . 36,259 444 3,808 Over 5 years to 10 years — — 15,575 1,193 __ Over 10 years — —— 2222,,880099 — 337744 Total 3,502 119900,,442244 + 2,122 77,,995544 — 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 November 5, 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 525 24 17 24 36 90 53 31 27 19 43 56 105 Loans 3,502 14 1,289 20 301 271 55 249 37 57 233 160 816 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 98,051 5,807 31,792 3,140 5,757 8,427 3,913 10,935 2,886 1,417 4,027 6,278 13,672 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 11,,552266 8,358 825 1,514 2,215 1,028 2,875 759 372 1,059 1,651 3,594 Total bought outright 2 190,424 1111,,227766 61,744 6,097 11,182 16,366 7,598 21,237 5,605 2,751 7,822 12,194 26,552 Held under repurchase agreements 1 -- — — _„ __ ~ — — — — — — — Total U.S. government securities 190,424 " 11,276 61,744 6,097 11,182 16,366 7,598 21,237 5,605 2,751 7,822 12,194 26,552 Total loans and securities 201,880 11,761 65,612 6,372 11,950 17,321 7,970 22,373 5,876 2,923 8,382 12,863 28,477 Items in process of collection 7,889 469 755 485 332 496 878 447 518 417 1,206 463 1,423 Bank premises 649 93 32 47 31 100 50 38 19 24 45 19 151 Other assets 3 16,010 524 3,660 578 791 390 961 4,684 405 378 589 1,024 2,026 Interdistrict settlement account -0- + 693 +1,269 - 247 + 119 - 608 + 742 +1,208 - 187 + 156 + 49 -1,266 -1,928 TOTAL ASSETS 243,055 ~14,581" 75,980 7,852 14,223 19,209 11,364 30,831 7,184 4,151 11,128 14,158 32,394 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 $ 1,802 million was outstanding at the end of the latest statement week. 2 Net of $ 1,887 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 608 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 $ 71 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 RESER VE BANK ON Novembe r 5, 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 186,802 11,951 58,353 5,523 11.948 15,676 6,900 25,922 5,397 2,701 8,240 11,355 22,836 Deposits: Depository institutions 37,991 1,985 10,704 1,763 1.588 2,687 3,245 3,429 1,184 848 1,439 1,856 7,263 U.S. Treasury—general account 3,746 3,746 Foreign-official accounts 272 5 159 7 9 8 12 20 4 5 7 12 24 Other 526 396 1 38 3 80 3 3 2 Total deposits 42,535 1,990 15,005 1,771 1.597 2,733 3,260 3,529 1,188 853 1,449 1,871 7,289 Deferred credit items 7,485 389 781 321 311 404 773 609 416 443 1,182 470 1,386 Other liabilities and accrued dividends1 2,258 122 827 69 128 174 88 240 61 32 86 132 299 TOTAL LIABILITIES 239,080 14,452 74,966 7,684 13,984 18,987 11,021 30,300 7,062 4,029 1100,,995577 1133,,882288 31,810 CAPITAL ACCOUNTS Capital paid in 1,858 57 464 80 112 100 168 251 57 61 8811 115577 270 Surplus 1,781 53 439 83 107 91 147 241 54 58 8800 114488 280 Other capital accounts 336 19 111 5 20 31 28 39 11 3 1100 2255 34 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 243,055 14,581 75,980 7,852 14,223 19,209 11,364 30,831 7,184 4,151 1111,,112288 1144,,115588 32,394 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 227,859 14.592 64,213 7,969 13,529 18,752 12,463 29,202 6,983 3,410 11,811 14,195 30,740 Less-Held by F.R. Banks 41,057 2,641 5,860 2,446 1,581 3,076 5,563 3,280 1.586 709 3,571 2,840 7,904 F.R. notes, net 186,802 1111,,995511 5588,,335533 55..552233 1111,,994488 1155,,667766 66,,990000 2255,,992222 55,,339977 22,,770011 88,,224400 1111,,335555 22,836 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 170,700 Total collateral 186,802 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