H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•A*£g!3&. FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when ••f^m?. 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 April 23, 1987 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AA WW££kk££ppddeedd Change from week ended AA rrWWff,,ddaayy PP 11QQffii77 Apr-i 1 15, 1Q87 April 23. 1986 11998877 Reserve Bank credit: 1 2 232,022 + 4,822 + 27,735 242,619 U.S. government securities- Bought outright—system account 202,535 + 1,236 + 25,480 202,034 Held under repurchase agreements 1,858 + 1,413 + 160 7,944 Federal agency obligations- Bought outright 7,701 - 13 486 7,683 Held under repurchase agreements 494 + 346 + 271 2,345 Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,219 + 526 + 227 5,627 Includes: seasonal borrowing of 113 + 6 + 44 128 extended credit of 284 + 34 411 310 Float 1,492 + 1,288 + 1,176 102 Other F.R. assets 16,723 + 26 + 907 17,088 Gold stock 11,078 - 1 12 11,078 Special Drawing Rights certificate account 5,018 — + 300 5,018 Treasury currency outstanding 17,766 + 10 + 531 17,775 Total factors supplying reserve funds 265,885 + 4,831 + 28,555 276,490 Currency in circulation* 210,299 + 169 + 15,899 210,194 Treasury cash holdings* 535 + 2 42 535 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,758 + 943 + 2,537 9,431 Foreign 270 + 68 14 225 Service-related balances and adjustments3 2,041 - 277 + 94 1,810 Other 451 + 52 + 36 522 Other F.R. liabilities and capital 7,018 +_ 256 + 673 7,037 Total factors, other than reserve balances, absorbing reserve funds 225,373 + 1,215 -I- 19,184 229,754 Reserve balances with F.R. Banks4 40,513 + 3,617 + 9,373 46,736 On April 22, 1987 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 175,355 million, an decrease of $ 3,111 million for the week. 1 Net of $ 3,925 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,925 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,749 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,749 million was with foreign official and international accounts. Includes $1,580 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,810 million and adjustments of $ 231 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 iANKS Millions of dollars Change since •• WWeeddnneessddaayy Wednesday, Wednej sday, April 22, 1987 Apri T 15. 1Qft7 Ap1"1*1 71, IQ«A ASSETS Qold certificate account 11,078 — - 12 Special Drawing Rights certificate account 5,018 — + 300 Coin 537 - 12 - 1 Loans 5,627 + 5,163 + 4,394 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 7,683 - 31 - 504 Held under repurchase agreements 1 2,345 + 1,861 + 1,352 U.S. government securities: Bought outright—Bills 104,165 - 784 + 19,878 Notes 71,420 — + 4,023 Bonds 2266,,444499 — ++ 1,473 Total bought outright* 220022,,003344 784 ++ 25,374 Held under repurchase agreements 1 7,944 + 6,845 + 1,003 Total U.S. government securities. 209,978 + 6,061 + 2266,,337777 Total loans and securities 225,633 + 13,054 + TTOOTT?? Items in process of collection (1,155) 6,808 - 824 - 31,434 Bank premises 675 — + 54 Other assets3 16,413 + 336 + 365 TOTAL ASSETS (1,155) 266,162 + 12,554 + 30,891 LIABILITIES Federal Reserve notes 193,491 - 306 + 15,460 Deposits: Depository institutions 48,546 + 7,648 + 5,114 U.S. Treasury—general account 9,431 + 5,375 + 9,431 Foreign—official accounts 225 - 60 - 92 Other 522 - 35 + 153 Total deposits 58,724 + 12,928 + 14,606 Deferred credit items (1,155) 6,910 - 428 + 22 Other liabilities and accrued dividends4 2,889 + 351 + 621 TOTAL LIABILITIES (1,155) 262,014 + 12,545 + 30,709 CAPITAL ACCOUNTS Capital paid in 1,920 + 3 + 95 Surplus 1,873 — + 92 Other capital accounts 355 + 6 - 5 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 $ -0- million was outstanding at the end of the latest statement week. Net of $ 4,749 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $1>580 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 50 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, April 22, 1987 Acceptances and securities held under repurchase agreements are classified as 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 5,619 15,179 + 1,987 2,475 + 1,959 16 days to 90 days 8 52,594 + 1,289 661 71 91 days to 1 year 61,677 + 2,785 1,526 + 41 Over 1 year to 5 years 40,587 3,749 99 Over 5 years to 10 years 16,232 1,337 Over 10 years 23,709 280 Total 5,627 209,978 + 6,061 10,028 + 1,830 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 April 22, 1987 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,078 706 3,177 385 664 933 596 1,383 351 169 562 669 1,483 Special Drawing Rights certif. acct. 5,018 314 1,489 162 314 461 203 656 160 66 216 307 670 Coin 537 32 17 22 43 87 48 36 30 21 47 39 115 Loans 5,627 375 3,347 134 3 7 65 381 34 26 161 317 777 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 7,683 474 2,472 233 461 649 341 891 222 115 305 456 1,064 Held under repurchase agreements 1 2,345 2,345 U.S. government securities: Bought outright-Bills 104,165 6,425 33,513 3,152 6,248 8,802 4,626 12,080 3,008 1,566 4,137 6,179 14,429 Notes 71,420 4,405 22,978 2,161 4,284 6,035 3,172 8,282 2,063 1,073 2,836 4,237 9,894 Bonds 26,449 1,631 8,510 800 1,586 2,235 1,175 3,067 764 398 1,050 1,569 3,664 Total bought outright 2 202,034 12,461 65,001 6,113 12,118 17,072 8,973 23,429 5,835 3,037 8,023 11,985 27,987 Held under repurchase agreements 1 7,944 7,944 TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 209,978 12,461 72,945 6,113 12,118 17,072 8,973 23,429 5,835 3,037 8,023 11,985 27,987 TToottaall llooaannss aanndd sseeccuurriittiieess 225,633 13,310 81,109 6,480 12,582 17,728 9,379 24,701 6,091 3,178 8,489 12,758 29,828 IItteemmss iinn pprroocceessss ooff ccoolllleeccttiioonn 7,963 453 842 446 277 564 692 652 480 371 1,138 616 1,432 BBaannkk pprreemmiisseess 675 92 32 47 32 102 54 51 19 24 47 20 155 OOtthheerr aasssseettss 33 16,413 562 3,761 555 788 924 1,021 4,588 403 370 561 1,009 1,871 IInntteerrddiissttrriicctt sseettttlleemmeenntt aaccccoouunntt 0 + 870 -2,644 - 466 + 301 - 269 + 525 +2,593 - 81 + 12 - 201 - 240 - 400 TOTAL ASSETS 267,317 16,339 87,783 7,631 15,001 20,530 12,518 34,660 7,453 4,211 10,859 15,178 35,154 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 $ 4,749 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $1,580 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 $ 50 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA 1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON April 22, 1987 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 193,491 12,574 63,262 4,891 12,506 15,712 7,035 28.148 5,624 2,690 8,002 10,712 22,335 Deposits: Depository institutions 48,546 3,025 11,296 1,811 1,832 3,834 4,306 5.062 1,157 960 1,481 3,300 10,482 U.S. Treasury—general account 9,431 9,431 Foreign—official accounts 225 5 111 7 9 8 14 20 5 5 6 13 22 Other 522 1 426 1 1 28 2 58 2 2 1 Total deposits 58,724 3,031 21,264 1,819 1,842 3,870 4,322 5.140 1,162 965 1,489 3,315 10,505 Deferred credit items 8,065 458 765 667 281 537 704 564 480 391 1,110 686 1,422 Other liabilities and accrued dividends * 2,889 129 1,416 65 131 178 101 260 62 37 86 127 297 TOTAL LIABILITIES 263,169 16,192 86,707 7,442 14,760 20,297 12,162 34.112 7,328 4,083 10,687 14,840 34,559 CAPITAL ACCOUNTS Capital paid in 1,920 64 489 90 112 103 171 255 58 62 80 159 277 Surplus 1,873 61 466 86 111 101 168 251 58 61 81 158 271 Other capital accounts 355 22 121 13 18 29 17 42 9 5 11 21 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 267,317 16,339 87.783 7,631 15,001 20,530 12,518 34,660 7,453 4,211 10,859 15,178 35,154 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 239,561 15,160 70,672 8,028 14,459 19,752 12,995 30,891 7,402 3,405 11,213 14,096 31,488 Less-Held by F.R. Banks 46,070 2,586 7,410 3,137 1,953 4,040 5,960 2,743 1,778 715 3,211 3,384 9,153 F.R. notes, net 193,491 1122,,557744 6633,,226622 44,,889911 1122,,550066 1155,,771122 77,,003355 2288,,114488 55,,662244 22,,669900 88,,000022 1100,,771122 22,335 Collateral held against F.R. notes: Gold certificate account 11,078 Special Drawing Rights certif. ace 5,018 Other eligible assets -0- U.S. govt, and agency securities 177,395 Total collateral 193,491 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