H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•vigLs&i >^r^ V* FEDERAL RESERVE t'ji i W- These data are scheduled for release each Thursday. The exact time of each release will be announced when •?/;^ iTt^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 8. 1987 | Averages of daily figur es (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 OOcctt.. 77,, 11998877 Sept. 30. 1987 Oct. 8, 1986 Oct. 7. 1987 Reserve Bank credit: '•* 1237,896 _ 3,936 + -- 24,994 237,931 U.S. government securities- Bought outright—system account 211,909 ! + 196 + 24,854 . . 210,942 Held under repurchase agreements — - 3,148 — __ Federal agency obligations- Bought outright 7,623 — - 365 7,623 Held under repurchase agreements — - 935 — Acceptances- Bought outright — — — —. Held under repurchase agreements — — — — Loans to depository institutions 1,193 - 4 + 330 1,382 Includes: seasonal borrowing of 204 - 52 + 108 182 extended credit of 468 - 1 - 26 457 Float 861 + 373 + 394 1.300 Other F.R. assets 16,309 - 420 - 220 16,684 Gold stock 11,079 + 11 - 5 11,085 Special Drawing Rights certificate account 5,018 — — 5.018 Treasury currency outstanding ! 18,008 + 11 + 561 18.020 Total factors supplying reserve funds 272,001 - 3,915 + 25,550 272.054 Currency In circulation* 217,429 + 880 + 15,833 218.196 Treasury cash holdings* | 459 — - 33 459 Deposits, other than reserve balances, with F.R. Banks: Treasury 5,341 - 9,014 + 1,917 2.816 Foreign 287 + 24 + 94 220 Service-related balances and adjustments * 2,070 + 71 + 146 * 1.705 Other 447 - 37 - 95 372 Other F.R. liabilities and capital 6.971 - 123 + 614 6.948 Total factors, other than reserve balances, absorbing reserve funds 233,003 ~ 8,204 + 18,475 230,716 Reserve balances with F.R. Banks * 38,998 + 4,289 + 7,075 41,338 On October 7, 1987 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official •nd International accounts were $ 187,437 million, an increase of S 5,359 million for the week. 1 Net of $ 2,395 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,395 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,381 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of 5 3,381 million was with foreign official and International accounts. Includes $ 723 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,705 million and adjustments of $ 365 million to compensate for float. * 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 AL1 FEDERAL RESERVE BANKS Millions of dollars Change since Wednesday Wednesday Wednesday October 7, 1987 September 30. 1987 Orrnhpr fl. !Qfife_ ASSETS Gold certificate account 11,085 + 10 Specisl Drawing Rights cartltlcats account 5,018 Coin 454 . + 5 49 Loans 1,382 559 803 Acceptances- Held under repurchase agreements Federal agency obligations— 365 7,623 Bought outright Held under repurchase agreements1 U.S B . o g u o g v h e t r n o m u e tr n ig t h s t e — c B ur il i l t s ie s: 104,786 999 + + 1 9 1 , , 8 9 1 4 9 7 Notes 78,544 + 1,836 Bonds 27,612 Total bought outright* 210,942 999 + 23,602 To H ta e l ld U .S un . d g e o r v e re rn p m ur e c n h t a s s e e c a u g ri r t e ie e s m ents1 210.942 ~999 + 237602 T C B o a a t s n a h k l l I p o te r a e m n m s s i s a in e n s d p r s o e c c e u s r s i ti o e f s collection (1,232) 219 7 , , 9 7 6 4 5 9 7 8 3 + + 1 1 , , 5 4 5 7 8 1 5 + + + ' 22 1 , , 4 0 3 4 4 3 4 1 6 5 15,991 391 Other assets3 (1,232) 260,946 458 + 23.438 TOTAL ASSETS LIABILITIES Federal Reserve notes 201,089 1,409 + 15,208 Deposits: Depository institutions 43,043 + 4,016 + 7,472 395 U.S. Treasury—general account 2,816 6,304 Foreign—official accounts 220 236 + 21 * 95 Other 372 47 O De th T fe e O r r T r T e o l A i d t a L s b l a i L v l d i I a t e A i i e p l B a s o b I L s a i i I l n t T i s t d I y E a S c c a c s r h u e It d e m d s iv idends4 ( ( 1 1 , , 2 2 3 3 2 2 ) ) 2 4 5 6 6 2 6 , , , , 4 4 6 6 2 5 5 2 1 6 4 8 + + 2,5 4 5 2 7 1 0 4 1 9 3 0 4 + ++ + . 2 7 3 , , 0 1 4 4 0 0 6 3 4 3 0 3 CAPITAL ACCOUNTS 164 C Su a r p p it lu al s paid In 2 1 , , 0 87 0 3 9 + + 9 7 2 8 Other cspital accounts 440 * Figures In parentheses are tha eliminations made In the consolidating process. foreig Q nn officii' 1 Does not Include U.S. government and federal agency securities resold under matched sale-purchase transactions to and international accounts of which I -0- million was outstanding at tha and of tha latatt atatamant wa«k. ^ 723 2 Net of $ 3,381 million matched sale-purchase transactlona outstanding at tha and of tha Imtaat atatamant wtefc. memo million aecuritles loaned—fully aacured by U.S. government securities. vestment sccounl 3 Includes assets denominated In foreign currencies, revalued monthly at marfcat exchange rata*. Includot special mves at Chicago of S 94 million In Treasury bills maturing within go days. . com- 4 Includes exchange-translation account reflecting the monthly revaluation at marfcat exchange rates of foreign exeneng mltments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES. October 7. 1987 dmu rn Acceptances and aecuritles held undar repurchase agraamants are classified aa maturing within 15 dayt In accordance with mtf maturity of the agreements. -—~~ Loans Acceptances U.S. government eacurttlee Holdlnga [Waakly changes Within 15 daya 1,282 7,861 4,906 16 daya to 90 daya 98 52,544 + 2.749 01 daya to 1 year 1 2 68,454 + 1,158 Over 1 year to 5 years *™ 42,435 Over 5 yaara to 10 years — 14,819 Ovar 10 years — 24,829 Total T7382 210,942 999 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H41 (h) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October 7, 1967 Militant ol dollars Total Boston New Yock 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 ASSETS Gold certificate account 11,085 706 3,184 385 664 933 596 1.383 351 169 562 669 1,483 Special Drawing Rights certif. eccl. 5,018 314 1,489 162 314 461 203 656 160 66 216 307 670 Coin 454 25 19 20 29 68 57 34 27 12 37 3B 88 Loans 1,382 1 489 3 6 3 106 15 91 40 75 363 190 Acceptances held under repurchase agreements ~" " "~ ~~ — — — — — — — — Federal agency obligations: Bought outright 7,623 470 2,453 231 457 644 338 884 220 115 303 452 1,056 Held under repurchase agreements ' — — ~~ "~ ~~ — — ~ -- — — -- — U S government securities: Bought outright-Bills 104,786 66..44AA 33.713 3,m 6.285 0,854 4.654 12.152 3,026 1.575 4.161 6,216 14,516 Notes 78.544 4,845 25.270 2,376 4,711 6.637 3,488 9,108 2.269 1.181 3.119 4.660 10,880 Bonds 27.612 1.703 8,884 836 1.656 2.333 _ _ K226 3,202 797 415 1.09 7 1.636 3.825 Total bought outright 2 210,942 13,011 67,867 6.383 12,652 17.674 9,368 24,462 6.092 3.171 8.377 12.514 29.221 Held under repurchase agreements 1 1 "" -~ "" "~ "~ ~™ ~~ -~ -- -- -- -- Total U.S. government securities 210.942 13.011 67.867 6,383 12,657 17J824__ 9,368 24.462 6,092 3.171 8.377 12.514 29.221 Total loam and securities 219,947 13,482 70,809 6,617 13.115 18.471 9,812 25,361 6.403 3.326 8.755 13.329 30.467 Items in process ol colled ton 8,990 545 941 466 275 550 787 1,189 423 403 1.156 502 1.753 Bank premises 693 92 33 46 32 106 55 66 20 23 47 70 153 Other assets 3 15.991 557 3,464 532 769 8J6 970 4.504 398 349 54 2 968 2.112 Interdrstrict settlement account -0- + 582 + 5,130 - 146 16 - 1.350 68 + 297 18 • 185 - 538 240 - 3,818 TOTAL ASSETS 262.178 16.303 85.069 8,082 15.182 20,065 12.412 33.490 7,764 4.533 10.777 15,593 32,908 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 S -0- million was outstanding at the end of the latest statement week. 2 Net of $ 3,381 mi II ion matched sale pure has* I ransact ions outstanding at the end ol the latest statement week. I ncludes $ 723 million securities loaned-fulty secured by U S government securities. 3 Includes assets denommaied in loretgn currencies, revalued monthly at market exchange rates Includes special investment account at Chicago of S 94 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (cl STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago I St. Louis I Minneapolis K C an it s y a s Oatlas Fra S n a c n is co LIABILITIES Federal Reserve notes 201,089 12.647 66.738 5.498 12,842 16,089 7,284 28.419 6,155 3.027 8.154 11,805 22,431 Deposits: Depository institutions 43.043 2.937 12,316 1.845 1,707 3.008 3.958 3,4 36 1.020 921 1,210 2.819 7,866 U.S. Treasury-general account 2.816 2.816 Foreign-official accounts 220 5 106 7 9 8 14 20 5 5 6 13 22 Other 372 — 199 1 43 2 119 _ L __ 2 2 2 Defer T re o d ta c l r d e e d p it o s i i t t e s m s 46 7 ~ . , 6 4 9 5 0 1 "279 4 4 0 2 4 " 1 * 5 .4 8 2 3 0 7 " "T78 4 Y 54 3 "V.V 2 3 l/ 0 '""37 4 0 5 5 9 6 " 3.V 6 7 7 4 4 " "T.5 6 7 3 5 8 ' I ,0 38 2 8 6 4 92 0 6 9 1 1. , 1 2 2 1 6 8 " 2,8 4 3 5 4 5 ""7 1 , . 8 6J 9 4 0 Other liabilities and accrued _ 10° dividends ' 2.626 158 907 78 150 209 302_ 70 43 148 346 TOTAL LIABILITIES Ys 7.856 16.151 " "83 .'902" 77883 ' 147939 1V.8V5" 12.04 7 '32,934 7.639 4.405 107598" 15,242 32. 101 CAPITAL ACCOUNTS Capital paid in 2.009 67 532 96 112 112 176 259 58 62 83 170 282 Surplus 1.873 61 466 86 111 101 168 251 58 61 81 158 271 Other capital accounts 440 24 169 J_?_ 20 3 7 21 46 9 5_ 15 23 54 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 262.178 16.303 85,069 8.082 15.182 20.065 12.412 33.490 7,764 4.533 10,777 15.593 32.908 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 253,305 15,593 74.977 9,374 15.29H 21.482 13.189 31,821 8.427 3,961 11,223 15,486 32.474 Less-Held by F.R. Banks __52_.216_ _2_.946__ 8,239 3,876 2.456 5,393 5.905 3^402_ 2.2_72 934 >.°_69_ 2;681 10,04 3 F.R. notes, net 201.089 \2~bU~f 667738" 5.498 12.842 ""' ~"!6",089 77284" 28,419 6.155 3.027" "HJ54 11,805 * 22,4jr Collateral held against F.R. notes: Gold certificate account 11.085 Special Drawing Rights certif. ace 5.018 Other eligible assets -0- U.S. govt, and agency securities 184.986 Total collateral 201,069 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rales of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis