H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Qi£Owv". K\— 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 February 5, 1987 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy IInnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss WWeeeekk eennddeedd 11 Change from week ended Wednesday FFeebb.. 44,, 11998877 Jan. 28, 1987] Feb. 5, 1986 Feb. 4, 1987 Reserve Bank credit: '•3 228,298 - 5.903 + 24,250 224,675 U.S. government securities- Bought outright—system account 198,928 - 1.322 + 22,595 197,818 Held under repurchase agreements 1,864 - 1.262 + 541 — Federal agency obligations- Bought outright 7,719 — 508 7,719 Held under repurchase agreements 531 148 + 264 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 448 531 279 361 Includes: seasonal borrowing of 52 + 15 + 7 53 extended credit of 248 + 13 239 253 Float 933 - 3,391 499 978 Other F.R. assets 17,876 + 753 + 2,137 17,799 Gold stock 11,071 4 19 11,060 Special Drawing Rights certificate account 5,018 — + 300 5,018 Treasury currency outstanding 17,625 + 14 + 520 17,637 Total factors supplying reserve funds 262,011 - 5,894 + 25,050 258.390 Currency In circulation* 205,664 281 + 15,057 206,165 Treasury cash holdings* ' 459 — 107 459 Deposits, other than reserve balances, with F.R. Banks: Treasury 12,895 - 3,958 + 420 5,310 Foreign 241 + 11 5 338 Service-related balances and adjustments * 2,087 96 + 488 1,785 Other 460 — 12 423 Other F.R. liabilities and capital 7,087 + 636 + 552 7,033 Total factors, other than reserve balances, absorbing reserve funds 228,894 - 3,688 + 16,394 221,513 Reserve balances with F.R. Banks' 33,118 - 2,205 + 8,655 36,878 On February 4,1987 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and International accounts were $ 165,808 million, an Increase of $ 2,202 million for the week. 1 Net of $ 3,882 million, dally average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,882 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities, 2 Net of $ 4,893 mttHon matched saJe-purchaae transactions outstanding at the end of the latest statement week, of which a net of S 4,893 million waa with foreign official and international accounts. Includes $ It389 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,785 million and adjustments of $ 302 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 RESCftVI BANKS Millions of dollars - - j << Change since •• WWeeddnneessddaayy "WeHnescTajr . Wednesday . February 4, 1987 January 28, 1987 February 5, 1986 ASSETS Gold certificate account 11. 060 ** 15 — 3300 Special Drawing Rights certificate account 5, 018 + 330000 Coin 562 • + 17 1111 Loans 361 - 3, 562 - 230 Acceptances- Held under repurchase agreements — — Federal agency obligations— Bought outright 7, 719 — . — 508 Held under repurchase agreements 1 — - 723 U.S. government securities: Bought outright—Bills 103 971 - 3 744 + IS 253 Notes 68 123 - 3 + 476 Bonds 2255 772244 — ++ 998 Total bought outright* 119977 881188 - 3 747 ++ .. ~~ .727 Held under repurchase agreements' — ""** 22 ,,884477 — Total U.S. government securities 197 ,818 66 ,,559944 + 24 ,727 Total loans and securities 205 ,898 - 10 ,879 + 23 ,989 Items in process of collection (1 ,230) 7 .462 + 788 - 3 ,374 Bank premises 664 + 4 + 53 Other asset&3 17 ,135 + 598 + 1 ,947 TOTAL ASSETS (1 .230) 247 ,799 - 9 ,487 + 22 ,874 LIABILITIES Federal Reserve notes 189 .548 + 524 + 14 ,599 Deposits: Depository institutions 38 ,663 + 1 .119 + 10 ,061 U.S. Treasury—general account 5 ,310 - 12 ,434 - 1 ,881 Foreign—official accounts 338 + 102 + 143 Other 442233 9944 - 8 Total deposits ~~4444"" ..773344 ~~""~~~~ TTTT,, 330077 + 8 .315 Deferred credit items (1 ,230) 6 ,484 + 566 - 751 Other liabilities and accrued dividends4 22 ,,116611 ~~ 9911 + 1 TOTAL LIABILITIES ((11 ..223300)) ""224422"",, 992277 ""TToo"" ,,330088 + 22 ,164 CAPITAL ACCOUNTS Capital paid In 1 ,881 • + 4 + 92 Surplus 1 ,873 1 + 92 Other capital accounts 1 ,118 + 818 + 526 Figures In parentheses are the eliminations made in ths consolidating process. Does not Include U.S. government and federal agency securltlea 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. Net of $ 4,893 milt ion matched sals-purchase transactions outstanding at the end of the latest statement wsek. Includes Sl» 389 million securities loaned—fully secured by U.S. govsrnment securities. Includes assets denominated In foreign currencies, revalued monthly at market exchange rates. Includes special Investment account at Chicago of $ 63 million In Treasury bills maturing within 00 days. Includes exchang**transJation account reflecting the monthly revaluation st market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 4, 1987 Acceptances and securities hsld under repurchase agreements are classified ss maturing within 15 days In accordance with maximum maturity of the agreements. U.S. government securities Federsl agsney obligations __ Loans Acceptances Holdings [Weekly changes Holdings (Weekly change? Within 15 days 319 7,934 5,792 60 847 1S days to 00 days 42 52,306 818 931 + 130 01 days to 1 year 62,440 141 1,353 + 15 Over 1 year to 5 years 36,641 157 3,712 21 Over 5 years to 10 years 15,431 1,342 37 Over 10 years 23,066 321 37 Total 361 197,818 6,594 7,719 723 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.I.UbJ STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 4, 1987 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a ci n s co ASSETS ] Gold certificate account 11.060 703 3,122 431 650 959 507 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 562 30 19 22 41 91 60 38 30 23 47 45 116 Loans 361 — 8 38 2 11 11 23 4 7 88 168 1 Acceptances held under repurchase agreements — — — — — — — — — — — — — Federal agency obligations: Bought outright 7,719 457 2,503 247 453 664 308 861 227 112 317 494 1,076 Held under repurchase agreements 1 — — — — — — — — — ~ — — — U.S. government securities: Bought outright-Bills ' 103,971 6,157 33,712 3,329 6,106 8,935 4,149 11.595 3,060 1.502 4,271 6,656 14,497 Notes 68,123 4,034 22,089 2,181 4.001 5.855 2,718 7,597 2,005 984 2,798 4,362 ; 9,499 Bonds 25.724 1.523 8,341 824 1,510 2,211 1,026 2,869 757 372 1,057 1,647 3,587 Total bought outright 2 197,816 11,714 64,142 6.334 11,617 17,001 7,893 22,061 5,822 2,858 8.126 12,667 27,583 Held under repurchase agreements 1 — — — — — — — — — — — — Total U.S. government securities 197,818 11,714 64,142 6,334 11,617 17.001 7,893 22,061 5,822 2,858 8,126 12,667 27,583 Total loans and securities 205,898 12,171 66.653 6,619 12,072 17,676 8,212 22,945 6,053 2,977 8.531 13.329 28,660 Items in process of collection 8,692 487 974 579 350 558 776 651 691 435 1,253 555 1,383 Bank premises 664 93 32 47 32 100 52 44 20 24 46 20 154 Other assets 3 ! 17,135 556 3,707 617 848 851 1,119 4,777 437 409 615 1.126 2,073 Interdistrict settlement account -0- + 77 +5,880 -1.142 32 - 903 +1,850 + 192 - 723 + 113 - 699 -1,704 -2,909 TOTAL ASSETS 249,029 14,431 81,676 7,335 14,275 19,793 12,779 30,697 7,034 4,215 10.607 14,370 31,617 1 . 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 $ ^ .893 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $1 t389milUon securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Include sspecial investment account at Chicago of $63 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 February 4, 1987 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 189.548 W.835 61,843 4,931 12,106 16,402 6,970 26,477 5,617 2,684 7,954 10,626 22,103 Deposits: Depository institutions 38.663 1,874 11.250 1,640 1,463 2,472 4,508 2,643 828 953 1,192 2.657 7,183 U.S. Treasury-general account 5,310 5,310 Foreign-official accounts 338 5 224 7 9 8 14 20 5 5 6 13 22 Other 423 293 1 1 25 I 89 1 6 3 3 Total deposits 1 44.734 1.879 17,077 1,648 1,473 2,505 4,523 2,752 833 959 1,204 2,673 7,208 Deferred credit items 7.714 1 421 1,016 468 281 427 780 569 374 386 1,152 532 1,308 Other liabilities and accrued dividends ] 2,161 125 709 68 127 186 86 248 64 33 90 133 292 TOTAL LIABILITIES 244,157 14,260 80.645 7,115 13,987 19.520 12,359 30,046 6,888 4,062 10,400 13,964 30,911 CAPITAL ACCOUNTS •Capital paid in 1,881 63 467 87 HI 102 168 252 57 61 80 158 275 Surplus 1,873 61 466 86 HI 101 168 251 58 61 81 158 271 Other capital accounts 1.118 47 298 47 66 70 84 148 31 31 46 90 160 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 249,029 14,431 81,876 7,335 14,275 19,793 12.779 30,697 7,034 4,215 10,607 14,370 31,617 FEDERAL RESERVE AGENTS- ACCOUNTS F.R. notes outstanding 232,188 14,436 67,032 7,772 13,967 20,007 12,620 28,851 7,341 3,431 11,469 13,992 31,270 Less-Held by F.R. Banks 42.640 2,601 5.189 2,841 1,861 3,605 5,650 2,374 1.724 747 3,515 3,366 9,167 FM. notes, net 189.548 1111..883355 6611..884433 44,,993311 1122,,110066 1166,,440022 66,,997700 2266,,447777 55,,661177 22,,668844 77,,995544 1100,,662266 22,103 Collateral held against F.R. notes: Gold certificate account 11.060 Special Drawing Rights certif. ace 5,018 Other eligible assets -0- U.S. govt, and agency securities 173.470 Total collateral 189.548 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