H.4.1 Factors Affecting Reserve Balances of Depository Institutions

. O? COVi FEDERAL RESERVE : These data are scheduled for release each Thursday. The exact time of each release will be announced, when $^rthe 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 30, 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 Change from week ended Wednesday AApprriill 2299,, 11998877 April 22, 1987 April 30, 1986 April 29, 1987 Reserve Bank credit: 1 * 233,804 + 1,775 + 29,164 243,550 U.S. government securities- Bought outright—system account 205,270 J- 2,735 + 29,167 204,590 Held under repurchase agreements 2,388 + 530 + 140 9,234 Federal agency obligations- Bought outright 7,683 - 18 504 7,683 Meld under repurchase agreements 691 + 197 + 193 2,753 Acceptances- Bought outright — -- — — Held under repurchase agreements — — — — Loans to depository institutions 798 - 421 259 1,096 Includes: seasonal borrowing of 147 + 34 + 56 157 extended credit of 335 + 51 355 343 Float 66 - 1,578 586 691 Other F.R. assets 17,076 + 330 + 1,013 17,503 Gold stock 11,077 - 1 13 11,077 Special Drawing Rights certificate account 5,018 — + 300 5,018 Treasury currency outstanding 17,758 + _ 10 + . 514 17,767 Total factors supplying reserve funds 267,694 + 1,784 + 29,967 277,412 Currency in circulation* 209,620 - 661 + 15,562 209,899 Treasury cash holdings* 532 ~ 3 50 532 Deposits, other than reserve balances, with F.R. Banks: Treasury 13,312 + 8,554 + 6,543 25,802 Foreign 354 + 84 + 108 504 Service-related balances and adjustments 3 1,991 - 50 + 255 1,809 Other 390 - 61 24 527 Other F.R. liabilities and capital 7,043 + _ 25 + 655 7,165 Total factors, other than reserve balances, absorbing reserve funds 233,241 + 7,886 + 23,048 246,238 Reserve balances with F.R. Banks4 34,452 - 6,104 + 6,918 31,174 On April 29, 1987 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 176,544 million, an increase of $ 1 »189 million for the week. 1 Net of $ 4,088 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,088 million was with foreign official and international accounts, includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,531 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,531 million was with foreign official and international accounts. Includes $ 1,803 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,809 million and adjustments of $ 182 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 BANKS Millions of dollars _ _ _ _^ *i Change since ** WWeeddnneessddaayy Wednesday, Wednesday, AApprriill 2299,, 11998877 April 22, 1987 April in. 1QB6 ASSETS Gold certificate account 11,077 - 1 - 12 Special Drawing Rights certificate account 5,018 — + 300 Coin 523 - 14 - 7 Loans 1,096 - 4,531 + 142 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 7,683 — - 504 Held under repurchase agreements 1 2,753 + 408 + 1,320 U.S. government securities: Bought outright—Bills 104,536 + 371 + 22,597 Notes 73,378 + 1,958 + 5,981 Bonds 26,676 + 227 + 1,700 Total bought outright2 204,590 + 2,556 + 30,278 Held under repurchase agreements1 9,234 + 1,290 + 1,712 Total U.S. government securities 213,824 + 3,846 + 31,990 Total loans and securities 225,356" - 277 + 32,948 Items in process of collection (1,309) 7,039 + 231 - 759 Bank premises 675 — + 52 Other assets 3 16,828 + 415 + 216 TOTAL ASSETS (1,309) 266,516 + 354 + 32,738 LIABILITIES Federal Reserve notes 193,187 - 304 + 14,769 Deposits: Depository institutions 32,983 - 15,563 + 3,567 U.S. Treasury—general account 25,802 + 16,371 + 14,252 Foreign—official accounts 504 + 279 + 178 Other 527 + 5 + 86 Total deposits 59,816 + 1,092 + 18,083 Deferred credit items (1,309) 6,348 - 562 - 599 Other liabilities and accrued dividends4 3,024 + 135 + 807 TOTAL LIABILITIES (1,309) 262,375 + 361 + 33,060 CAPITAL ACCOUNTS Capital paid in 1,921 + 1 + 93 Surplus 1,873 — + 92 Other capital accounts 347 - 8 - 507 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 *531 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,803 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange ratea. Includes special investment account at Chicago of $ 61 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 LOAN8 AND SECURITIES, April 29, 1987 Acceptances and securities held under repurchase agreements are claaslfled aa maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings (Weekly changes Holdings (Weekly changes Within 15 days I 1,082 — 19,553 + 4,374 2,884 + 409 16 days to 90 days 14 — 50,056 - 2,538 669 + 8 91 days to 1 year — — 61,890 + 213 1,547 + 21 Over 1 year to 5 years — — . 41,851 + 1,264 3,750 + 1 Over 5 years to 10 years — — 16,538 + 306 1,306 - 31 Over 10 years — zz 23,936 + 227 280 -- Total 1,096 213,824 + 3,846 10,436 + 408 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 29. 1987 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,077 706 3,176 385 664 933 596 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 523 32 17 24 42 84 45 33 29 21 46 38 112 Loans 1,096 167 146 111 2 17 21 60 117 34 87 306 28 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 2.753 — 2,753 — -- — — — — ~ — — — U.S. government securities: Bought outright-Bills 104,536 6,448 33,633 3,163 6,270 8,833 4,642 12,122 3,019 1,572 4,152 6,201 14,481 Notes 73,378 4,526 23,608 2,221 4,401 6,201 3,259 8,509 2,119 1,102 2,914 4,353 10,165 Bonds 26,676 1,645 8,583 807 1,600 2,254 1,185 3,094 770 401 1,059 1,583 3,695 Total bought outright 2 204,590 12,619 65,824 6,191 12,271 17,288 9,086 23,725 5,908 3,075 8,125 12,137 28,341 Held under repurchase agreements 1 9.234 — 9.234 — — — — — — — — — -._ Total U.S. government securities 213,824 12,619 75,058 6,191 12,271 17,288 9,086 23,725 5,908 3,075 8,125 12,137 28,341 Total loans and securities 225,356 13,260 80,429 6,535 12,734 17,954 9,448 24,676 6,247 3,224 8,517 12,899 29,433 Items in process of collection 8,348 554 834 456 313 495 748 632 422 399 1,189 739 1,567 Bank premises 675 92 32 46 32 103 54 51 19 24 47 20 155 Other assets 3 16,828 583 4,043 560. 804 868 1,024 4,632 410 370 569 1,031 1,934 Interdistrict settlement account -0- - 571 -f 10,563 -1,124 772 - 2,496 571 + 323 - 443 - 274 632 - 1,501 - 2,502 TOTAL ASSETS ; 267,825 14,970 100,583 7,044 14,131 18,402 11,547 32,386 7,195 3,999 10,514 14,202 32,852 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 $ 4,531 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,803million 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 $ 61 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 April 29, 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 193,187 12,568 63,114 4,927 12,376 15,508 7,329 28,211 5,629 2,744 7,959 10,673 22,149 Deposits: Depository institutions 32,983 1,674 7,420 1,506 1,082 2,058 3,088 2,740 972 685 1,161 2,306 8,291 U.S. Treasury-general account 25,802 -- 25,802 — — — — — — — — — — Foreign—official accounts 504 5 390 7 9 8 14 20 5 5 6 13 22 Other 527 1 418 1 1 26 — 73 — — 3 3 1 Total deposits 59,816 1,680 34,030 1,514 1,092 2,092 3,102 2,833 977 690 1,170 2,322 8,314 Deferred credit items 7,657 446 806 349 293 394 661 537 404 399 1,130 743 1,495 Other liabilities and accrued dividends 1 3,024 128 11,,555566 66 129 176 100 259 60 39 86 126 299 TOTAL LIABILITIES 263,684 14,822 " 9999,,550066 6,856 13,890 18,170 11,192 31,840 7,070 3,872 10,345 13,864 32,257 CAPITAL ACCOUNTS Capital paid in 1,921 64 489 90 112 103 171 255 58 62 80 160 277 Surplus 1,873 61 466 86 111 101 168 251 58 61 81 158 271 Other capital accounts 347 23 122 12 18 28 1166 4400 99 44 88 2200 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 267,825 14,970 100,583 7,044 14,131 18,402 11,547 32,386 7,195 3,999 10,514 14,202 32,852 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 240,024 15,176 70,703 8,121 14,325 19,672 13,435 31,124 7,372 3,439 11,221 14,082 31,354 Less-Held by F.R. Banks 46,837 2,608 7,589 3,194 1,949 4,164 6,106 2,913 1,743 695 3,262 3,409 9,205 F.R. notes, net 193,187 12,568 63,114 4,927 12,376 15,508 7,329 28,211 5,629 2,744 7,959 10,673 22,149 Collateral held against F.R. notes: Gold certificate account 11,077 Special Drawing Rights certif. ace 5,018 Other eligible assets -0- U.S. govt, and agency securities 177,092 Total collateral 193,187 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