H.4.1 Factors Affecting Reserve Balances of Depository Institutions

si M ; » : "Ml etc i ^ ' -' \ i FEDERAL RESERVE These data are scheduled for release each Thursday Th 4fff£i. iR€!^^«R>&l^ will Ib b e announced, when the information is available, on (202) 452-3206. H.41 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 7, 1995 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week snded Wednesday FF..RR,, BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 6, 1995 "Nov" 29, 1995 Dec 7, 1994" Dec 6, 1995 Reserve Bank credit1 2 416,813 • 631 + 16,518 419,664 U.S. government securities Bought outright--system account 376,886 • 3,151 • 13,039 377,865 Held under repurchase agreements 5,611 - 766 • 5,611 6,357 Federal agency obligations Bought outright 2,692 - 69 - 982 2,692 Held under repurchase agreements 56 - 113 + 56 390 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 4 - 355 - 107 6 Seasonal credit 43 - 16 - 54 41 Extended credit 0 0 0 0 Float 327 - 737 - 548 668 Other F.R. assets 31,194 - 465 - 498 31,644 Gold stock 11,050 0 - 1 11,050 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 23,895 + 14 • 948 23,895 Total factors supplying reserve funds 461,926 _ 645 _ 19,615 464,777 Currency in circulation* 416,409 - 213 + 20,365 417,534 Treasury cash holdings* 276 - 3 - 108 271 Deposits, other than reserve balances, with F.R. Banks Treasury 5,942 • 328 + 1,604 5,782 Foreign 183 - 58 + 9 230 Service-related balances and adjustments3 5,240 + 27 + 786 5,240 Other 298 + 15 - 19 328 Other F.R. liabilities and capital 12,701 - 434 • 1,455 12,460 Total factors, other than reserve balances, absorbing reserve funds 441,048 - 338 + 24,093 441,844 Reserve balances with F.R. Banks4 20,878 + 982 - 4,478 22,933 On December 6, 1995, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 503,956 million, a change of 4- $ 7,475 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 10,331 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 10,331 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 11,584 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11,584 million was with foreign official and international accounts. Includes S 174 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,871 million and adjustments of $ 369 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated {Treasury's figures). Components may not add to totals due to rounding. 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 Change since ** WWeeddnneessddaayy Wednesday Wednesday Dec 6, 1995 Nov 29, 1995 Dec 7, 1994 ASSETS Gold certificate account 11,050 0 - 1 Special drawing rights certificate account 10,168 0 + 2,150 Coin 433 + 1 + 103 Loans 47 - 307 - 766 Acceptances 0 0 0 Federal agency obligations Bought outright 2,692 0 - 982 Held under repurchase agreements1 390 + 390 + 390 U.S. government securities Bought outright--Bills 183,868 • 130 + 10,473 Notes 150,588 + 2,707 + 6,445 Bonds 43,410 + 80 0 + 412 Total bought outright2 377,865 + 3,637 + 17,330 Held under repurchase agreements* 6,357 + 882 • 6,357 Total U.S. government securities 384,222 4- 4,519 • 23,687 Total loans and securities 387,351 • 4,602 •f 22,329 . ">jns if, process of collection (431) 6,938 + 1,227 - 232 M j^f i'. „~es 1,152 + 6 + 83 ' .MZV • -^tS3 30,420 - 89 - 299 TOTAL ASSETS (481) 447,512 + 5,747 + 24,133 LIABILITIES Federal Reserve notes 394,343 - 12 + 19,335 Deposits Depository institutions 28,339 + 5,367 + 2,265 U.S. Treasury--general account 5,782 - 657 + 811 Foreign- official accounts 230 + 63 + 63 Other (-3) 328 • 50 + 4 Total deposits (-3) 34,678 + 4,823 • 3,144 Deferred availability cash items (485) 6,032 * 1,341 + 549 Other liabilities and accrued dividends4 4,453 - 63 + 426 TOTAL LIABILITIES (481) 439,505 + 6,090 + 23,455 CAPITAL ACCOUNTS Capital paid in 3,958 0 + 276 Surplus 3,679 - 4 + 342 Other capital accounts 370 - 339 • 60 * Figures in parentheses are the eliminations made in the consolidation 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 $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 11,584 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 174 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 $ 129 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, DECEMBER 6, 1995 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 18 0 WWiitthhiinn 1155 ddaayyss 1199,,665500 501 445 • 73 16 days to 90 days 29 0 1166 ddaayyss ttoo 9900 ddaayyss 8899,,775566 + 1,964 704 + 320 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 112222,,223388 338 528 3 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8855,,227733 + 2,594 853 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 3300,,887766 0 527 0 OOvveerr 1100 yyeeaarrss 3366,,443300 • 800 25 0 Total 47 0 TToottaall 338844,,222222 + 4,519 3,082 + 390 Components may not add to totals due to rounding. 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 DECEMBER 6, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,050 575 4,273 433 621 862 556 1,220 484 203 382 405 1,036 Special drawing rights certif. acct. 10,168 511 3,903 413 584 790 523 1,079 490 180 342 376 977 Coin 433 21 22 31 20 71 66 35 20 19 43 47 39 Loans 47 2 0 0 0 CI 8 0 10 22 4 1 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,692 132 1,070 117 155 207 125 310 123 49 103 87 214 Held under repurchase agreements1 390 0 390 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright — Bills 183,868 9,043 73,079 7,977 10,600 14,122 8,536 21,198 8,414 3,319 7,025 5,962 14,593 Notes 150,588 7,406 59,852 6,533 8,681 11,566 6,991 17,361 6,891 2,719 5,754 4,883 11,952 Bonds 43,410 2,135 1177,,225533 116611,,,,338899883333 "".. 22,,550022 33,,333344 22,,001155 55,,000055 11,,998877 778844 11,,665599 11,,440077 3,445 Total bought outright2 377,865 18,584 115500,,118844 2211,,778833 2299,,002222 1177,,554422 4433,,556633 1177,,229922"" 66,,882222 1144,,443388 1122,,225511 29,990 Held under repurchase agreements1 6,357 0 6,357 0 00 000 000 000 000 000 00 00 0 Total U.S. govt, securities 384,222 18,584 156,541 16,393 2211,,778833 JJJ???999,,,~~~000222222 111777,,,555444222 444333,,,555666333 111777,,,222999222 666,,,888222222 1144,,443388"" 1122,,225511 29,990 Total loans and securities 387,351 18,718 158,001 16,510 21,938 """ 222999,,,222222888 111777,,,666777555 ~~~444333,,,888777444~~~ 111777,,,444222555""" 666,,,888999222 14,545 12,340 30,204 Items in process of collection 7,420 413 1,192 332 339 597 748 707 398 514 501 393 1,285 Bank premises 1,152 94 146 49 66 127 84 111 30 70 55 161 159 Other assets3 30,420 1,189 9,844 1,265 1,923 2,515 2,360 3,416 836 717 1,097 1,685 3,571 Interdistrict settlement account 0 +7,710 --2233,,994455 --663366 ++ 338822 ++55,,001111 ++1122,,440077 --22,,995555 + 266 -852 --22,,660000 ++22,,005588 +3,153 TOTAL ASSETS 447,994 29,232 115533,,443377 1188,,339988 2255,,887733 3399,,2200 00 3344,,441199 4477,,448877** 19,950 7,744 1144,,336666 1177,,446644 40,424 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 $ 11,584 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 174 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 $ 129 million in Treasury bills maturing within 90 days Components may not add to totals due to rounding. 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 DECEMBER 6, 1995 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 394,343 26,039 137,083 15,901 23,736 34,717 30,394 42,128 18,308 6,032 12,431 14,582 32,990 Deposits Depository institutions 28,339 2,209 5,638 1,646 1,046 2,896 2,236 3,144 964 893 1,021 1,892 4,755 U.S. Treasury--general account 5,782 0 5,782 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 230 5 126 6 10 11 13 16 3 4 5 9 20 Other 325 1 111 11 33 6600 33 114444 1 3 -2 1 1 Total deposits 34,675 2,215 11,657 11,,665533 11,,005588 22,,996677 22,,225522 33,,330044 968 899 1,025 1,902 4,775 Deferred credit items 6,516 396 899 253 305 587 7b3 605 260 504 410 320 1,215 Other liabilities and accrued dividends1 4,453 231 1,603 210 255 346 2*7 550055 220077 110088 119966 116699 375 TOTAL LIABILITIES 439,987 28,881 151,242 18,016 25,354 38,617 33,656 4466,,554433 1199,,774444 77,,554433 1144,,006611 1166,,997733 39,356 CAPITAL ACCOUNTS Capital paid in 3,958 171 1,057 190 259 291 387 466 98 99 151 246 541 Surplus 3,679 139 968 161 258 293 341 419 85 98 139 246 512 Other capital accounts 370 40 150 3300 22 00 3355 5577 2244 44 1133 00 14 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 447,994 29,232 153,437 18,398 25,873 39,200 34,419 47,487 19,950 7,744 14,366 17,464 40,424 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 479,323 31,676 163,819 19,879 27,375 41,765 37,126 49,536 20,722 7,337 14,279 19,516 46,293 Less--Held by F.R. Banks 84,980 5,636 26,736 3,978 3,640 7,047 6,732 7,408 2,414 1,305 1,848 4,934 13,303 F.R. notes, net 394,343 26,039 137,063 15,901 23,736 34,717 30/394 42,128 18,308 6,032 12,431 14,582 32,990 Collateral held against F.R. notes Gold certificate account 11,050 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities 373,124 Total collateral 394,343 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis