H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday. 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 21, 1995 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 20, 1995 Dec 13, 1995 Dec 21, 1994 Dec 20, 1995 Reserve Bank credit1 2 421,947 + 6,639 + 16,172 429,353 U.S. government securities Bought outright--system account 378,879 469 + 14,307 378,439 Held under repurchase agreements 4,848 + 4,273 + 1,762 8,235 Federal agency obligations Bought outright 2,637 31 1,007 2,637 Held under repurchase agreements 0 0 1,157 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 516 + 515 + 383 3,432 Seasonal credit 43 • 4 62 45 Extended credit o 0 0 0 Float 2,776 + 1,953 • 1,Q41 4,143 Other F.R. assets 32,248 + 394 + 4 32,423 Gold stock 11,050 0 1 11,050 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 23,^23 14 + 949 23,923 Total factors supplying reserve funds 467,088 + 6,653 + 19,270 : 474,494 Currency in circulation* 418,787 • 1,370 + 20,487 ! 421,267 Treasury cash holdings* 271 0 71 j 270 1 Deposits, other than reserve balances, with F.R. Banks Treasury 8,633 + 3,073 + 1,936 j 11,383 Foreign 210 + 33 + 31 220 Service-related balances and adjustments3 5,253 121 + 7C6 j 5,253 Other 304 18 12 | 308 Other F.R. liabilities and capital 13,164 + 537 • 7o0 12,959 Total factors, other than reserve balances, 1 ! ! absorbing reserve funds 446,621 ; + 4,875 i * 23,837 ! 451,660 Reserve balances with F.R. Banks^ i ! i 20,467 + 1,777 j - 4,567 i 22,834 On December 20. 1995. the face amount of marketabie U.S. government securities held in custody by the Federal Reserve Sanks 'or foreign official and international accounts was $ 501.563 million, a change of - S 6,769 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds 1 Net of $ 11,654 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11,654 million was with foreign official and international accounts, includes securities !oaned--fuiiy secured by U.S. government securities. 2 Net of $ 12,095 million matched sale-purchase transactions outstanding at the end of the iatest statement week, of which a net of $ 12,095 million was with foreign official and international accounts. Includes $ 137 million securities loaned-fully secured US. government securities. 3 Consists of required clearing balances of $ 4,931 million and adjustments of S 322 million to compensate for float. 4 Excludes required clearing balances and adjustments tc 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 20, 1995 Dec 13, 1995 Dec 21, 1994 ASSETS Gold certificate account 11,050 0 0 Special drawing rights certificate account 10,168 0 + 2,150 Coin 446 - 1 • 105 Loans 3,477 + 3,436 + 2,561 Acceptances 0 0 0 Federal agency obligations Bought outright 2,637 0 - 1,007 Held under repurchase agreements1 0 0 - 100 U.S. government securities Bought outright--Bills 183,357 - 419 + 5,175 Notes 151,013 0 • 6,870 Bonds 44,069 0 • 1,071 Total bought outright2 378,439 - 419 • 13,116 Held under repurchase agreements1 8,235 • 6,223 + 3,115 Total U.S. government securities 386,674 + 5,804 + 16,231 Total loans and securities 392,788 • 9,240 + 17,686 Items in process of collection (400) 10,279 + 3,883 + 3,241 Bank premises 1,153 • 1 • 81 Other assets3 31,230 • 107 - 152 TOTAL ASSETS (400) 457,113 •f 13,230 + 23,111 LIABILITIES Federal Reserve notes 398,060 + 2,458 • 19,794 Deposits Depository institutions 28,168 + 3,930 - 59 U.S. Treasury-general account 11,383 + 5,827 + 2,632 Foreign--official accounts 220 + 41 + 28 Other 330088 - i<r __ 10 Total deposits 4400,,007799 + 9,788 2,591 Deferred availability cash items (400) 6,015 • 674 4- 144 Other liabilities and accrued dividends4 4,592 • 275 - 18 TOTAL LIABILITIES (400) 448,746 + 13,195 • 22,511 CAPITAL ACCOUNTS Capital paid in 3,962 4- 2 + 282 Surplus 3,b83 0 • 282 Other capital accounts 721 + 33 • 36 * 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 S 12,095 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 137 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 S 132 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 20. 1995 Acceptances and securities held under repurchase agreements arQ classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations Loans Weekly Weekly Holdings Holdings changes changes Within 15 days Within 15 days 13,480 + 3,462 243 j + 240 16 days to °0 days 16 days to 90 days 91,994 - 2,258 4611 - 240 Over 90 days 91 days to 1 year 122,538 • 4,o00 540 | 0 Over 1 year to 5 years 85,273 0 8411 0 Over 5 years to 10 years 31,469 0 527! 0 Over 10 years 36,921 0 25! 0 Total Total 336,674 + 5,304 2,637: 0 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 20, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,050 575 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 496 21 21 26 25 72 73 39 21 20 39 47 41 Loans 3,477 6 1,350 1 1,400 0 2 573 9 21 4 1 109 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,637 130 1,048 114 152 203 122 304 121 48 101 85 209 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 118833,,335577 9,018 777222,,,888777666 777,,,999555555 111000,,,555777000 111444,,,000888333 888,,,555111222 222111,,,111333999 88,,339911 3,310 777,,,000000666 555,,,999444555 14,553 Notes 115511,,001133 7,427 666000,,,000222111 666,,,555555222 888,,,777000666 111111,,,555999888 777,,,000111111 111777,,,444111000 66,,991111 2,726 555,,,777777000 444,,,888999666 11,985 Bonds 4444,,00bb99 2,167 111777,,,555111555 111,,,999111222 222,,,555HHH000 333,,,333888555 222,,,000444666 555,,,000888111 22,,001177 796 111,,,666888444 111,,,444222999 3,498 Total bought outright2 ii 337788,,443399"" 18,612 111555000 ,,,444111222""" 111666,,,444111888 222111,,,888111666 222999,,,000666666 111777,,,555666999""" 444333,,,666222999 1177,,331199 6,832 111444,,,444666000 111222,,,222777000 30,036 Held under repurchase agreements1 88,,223355 0 888,,,222333555 000 000 000 000 000 00 0 000 000 0 Total U.S. govt, securities 386,674 18,612 111555888777666444777 111666,,,444111888 222111,,,888111666""" 222999,,,000bbb666 111777,,,555666999 444333,,,666222999 17,319 6,832 111444,,,444666000 111222,,,222777000 30,036 Total loans and securities 392,788 187748" 111666111,,,000444555""" 111666,,,555333444 222333,,,333bbb888 222999,,,222666888~~~ 111777,,,666999333""" 444444,,,555000666 17,448" 6,901 111444,,,555666555 111222,,,333555666 30,354 I tents in process of collection 10,679 991133 11,,559944 778833 441177 11,,220088 996644 999944 458 512 558899 444400 1,807 Bank premises 1,153 9944 1144bb 4499 6666 112277 8855 111111 30 70 5555 116611 158 Other assets3 31,230 11,,223300 1100,,114499 11,,330055 11,,99//33 22,,557744 22,,339988 33,,552222 873 730 11,,113311 11,,771133 3,632 lnterdistrlet settlement account I ° ••77,,005500 --2211,,113399 --11,,444422 --993355 ••33,,663333 ++1133,,111155 --44,,331188 • 285 -1,022 --22,,889988 ++33,,776677 +3,905 TOTAL ASSETS 1 457,513 2299,,114411"" 115599,,999933"" 1188,,1111))33 2266,,112200"" 3388,,553344 3355,,4400 77 4477,,115533 20,090 7,595 1144,,220044 1199,,226655~~ 41,910 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 $ 12,095 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 137 million securities loaned- hilly secured by U.S. government securities. i 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of % 132 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

M.4.1 (c) STATFMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON DECEMBER 20, 1995 Millions of dollars Kansas San Total New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 393,060 26,039 138,307 15,975 23,267 34,660 31,100 41,303 18,350 5,953 12,152 15,493 35,460 Deposits Depository institutions 28,168 2,145 5,184 1,298 1,834 2,156 22,,444422 3,641 1,076 839 1,060 2,785 3,708 U.S. Treasury--general account 11,383 0 11,383 0 0 0 00 0 0 0 0 0 0 Foreign — official accounts 220 5 117 6 10 11 1133 16 3 4 5 9 20 Other 308 1 127 I 2 29 bb 133 0 3 1 3 2 fotal deposits 40,0 79" 2","l5l" lb/ttlV 1,30b 1,847 2,196 22,,446600 3,790 1,079 845 1,067 2,797 3,729 Deferred credit items 6,415 357 865 210 202 714 880000 559 235 482 466 299 1,226 Other liabilities and accrued dividends1 4^592 __ 230_ 1,715 211 259 351 252 511 210 110 197 169 377 TO I At LIABILITIES 449,146 28,777 157,698 17,703 25,575 37,922 34,612 46,163 19,874 7,390 13,882 18,759 40,793 CAPITAL ACCOUNTS Capital paid in 3,962 171 057 190 259 292 389 4 69 98 99 152 246 541 Surplus 3,663 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 721 53 251 48 29 24 65 102 33 8 31 13 64 TOl'AL LIABILITIES AND CAPITAL ACCOUNTS 457,513 29,141 159,993 18,103 26,120 38,534 35,407 47,153 20,090 7,595 14,204 19,265 41,910 FEDERAL RESERVE AGENTS' ACCOUNTS ¥.H. notes outstanding 484,322 31,575 168,476 19,709 26,915 41,547 37,357 48,716 20,806 7,160 13,961 19,955 48,146 Less Held by F.R. Banks _ 86^262 5,535 30,169 3,733_ 3,648 t>,887_ k/257 7,413 2,456 1,207 1,808 4,462 12,686 F.R. notes, net 398,060 26, 03<> 138730 7 ~ 15,975 23 ,267 34,66 0 31,10o" 41,303 18;350 5,953 12,152 15,493 35,460 Collateral held against F.R. notes Gold certificate account 11,050 Special did wing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities 376,842 Total collateral 398,060 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