H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when 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 January 25, 1996 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iittee**iiss JJaann 2244,, 11999966 Jan 17, 1996 Jan 25, 1995 Jan 24, 1996 Reserve Bank credit1 2 412,519 - 4,074 + 13,530 408,831 U.S. government securities Bought outright--system account 374,412 - 3,343 + 13,278 372,514 Held under repurchase agreements 0 - 548 0 0 Federal agency obligations Bought outright 2,634 0 - 951 2,634 Held under repurchase agreements 0 643 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 12 - 21 - 141 13 Seasonal credit 4 + 2 - 36 4 Extended credit 0 0 - 19 0 Float 2,8*9 + 364 + 2,157 992 Other F.R. assets 32,557 + 116 - 758 32,674 Gold stock 11,050 0 0 11,052 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 23,993 + 14 + 938 23,993 Total factors supplying reserve funds 457,730 4,059 ^ 16,618 454,045 • Currency in circulation* 415,659 - 3,465 + 17,881 414,387 Treasury cash holdings* 270 + 45 - 62 270 Deposits, other than reserve balances, with F.R. Banks Treasury 7,218 • 1,669 • 1,298 7,089 Foreign 174 0 - 26 173 Service-related balances and adjustments3 6,424 + 995 ¥ 1,900 6,424 Other 310 + 23 + 3 313 Other F.R. liabilities and capital 12,877 - 63 • 382 12,633 Total factors, other than reserve balances, absorbing reserwe funds 442,933 795 + 21,376 441,290 Reserve balances with F.R. Banks4 14,797 - 3,264 - 4,758 12,755 On January 24, 1996, the face amount of marketable U.S government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was % 503 921 million, a change of - $ 3,060 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 14 393 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11,439 million was with foreign official and International accounts. Includes securities loaned--fully secured by US. government securities. 2 Net of $ 16792 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11,502 million was with foreign official and international accounts. Includes S 50 million securities Joaned-fuKy secured U 5 government securities 3 Consists of required clearing balances of $ 5,195 million and adjustments of $ 1 229 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate tor 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 Jan 24, 1996 Jan 17, 1996 Jan 25, 1995 ASSETS Gold certificate account 11,052 • 2 • 2 Special drawing rights certificate account 10,168 0 • 2,150 Coin 492 • 46 • 112 Loans 17 128 522 Acceptances 0 0 0 Federal agency obligations Bought outright 2,634 0 912 Held under repurchase agreements1 0 3,000 0 U.S. government securities Bought outright--Bills 178,660 5,187 • 3,896 Notes 149,785 0 • 6,263 Bonds 44,069 0 • 1,071 Total bought outright2 372,514 - 5,187 • 11,229 Held under repurchase agreements1 0 - 1,500 0 Total U.S. government securities 372,514 - 6,687 + 11,229 Total loans and securities 375,165 - 9,815 • 9,796 Items in process of collection (591) 5,797 13,115 + 177 Bank premises 1,135 0 + 59 Other assets3 3311,,554400 + 286 851 TOTAL ASSETS ((559911)) 443355,,335500 - 22,595 •• 11,445 LIABILITIES Federal Reserve notes 391,156 4,188 • 16,307 Deposi ts Depository institutions 18,898 - 13,038 - 4,722 U.S. Treasury--general account 7,089 - 770 - 582 Foreign — official accounts 173 + 8 - 27 Other 313 + 7 - 2 Total deposits 26,473 - 13,793 - 5,333 Deferred availability cash items (591) 5,087 - 4,568 + 86 Other liabilities and accrued dividends* 4,192 - 88 - 222 TOTAL LIABILITIES (591) 426,910 - 22,637 • 10,839 CAPITAL ACCOUNTS Capital paid in 3,991 + 3 • 294 Surplus 3,966 0 • 283 Other capital accounts 483 + 39 + 30 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. gcvernment 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 $ 16,792 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 $ 108 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, JANUARY 24, 1996 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 j Federal agency securities obligations LLooaannss AAcccceeppttaanncceess ,_,- i Weekly !..,.. 1 Weekly lHMoldings | Holdings • cnanges changes Within 15 days 16 0 WWiitthhiinn 1155 ddaayyss 14,402|+ 2,856 141 3,000 16 days "to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 83,280 - 9,578 613 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyss€€aarr 121,537'+ 35 664 • 17 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 84,904| 0 664 17 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 31,469 J 0 527 o OOvveerr 1100 yyeeaarrss 36,9211 0 25 0 Total 17 0 TToottaall 372,514'- 6,687 2,634 3,000 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 JANUARY 24, 1996 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,052 575 4,275 433 621 862 556 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 492 20 19 23 25 80 73 43 25 22 58 55 50 Loans 17 1 0 0 0 0 4 1 4 0 4 3 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,634 130 1,047 114 152 202 122 304 121 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 178,660 8,787 71,009 7,751 10,299 13,722 8,294 20,597 8,176 3,225 6,826 5,793 14,180 Notes 149,785 7,367 59,533 6,498 8,635 11,504 6,954 17,268 6,855 2,704 5,723 4,856 11,888 Bonds 44,069 22,,116677 1177,,551155 11,,991122 22,,554400 33,,338855 22,,004466 55,,008811 22,,001177 779966 11,,668844 11,,442299 3,498 Total bought outright2 372,514 1188,,332200 114488,,005577"" 1166,,116611 2211,,447755 2288,,661111 1177,,229944 4422,,994466 1177,,004477 66,,772255 1144,,223344 1122,,007788 29,565 Held under repurchase agreements1 0 000 000 000 000 000 000 000 0 0 0 0 0 Total U.S. govt, securities 372,514 111888,,,333222000 111444888,,,000555777 111666,,,111666111""" 222111,,,444777555 222888,,,666111111 111777,,,222999444 444222,,,999444666 17,047 6,725 14,234 12,078 29,565 Total loans and securities 375,165 111888,,,444555111 111444999,,,lllOOO*** 111666,,,222777bbb 222111777666222666 222888,,,888111333 111777,,,444222000*** 444333,,,222555111 17,172 6,773 14,338 12,166 29,774 Items in process of collection 6,388 394 861 278 331 607 652 609 312 452 509 288 1,096 Bank premises 1,135 95 14b 49 71 127 77 110 31 59 55 157 159 Other assets3 31,540 1,381 9,979 1,422 1,917 2,484 2,547 3,696 951 710 1,171 1,640 3,643 Interdistrict settlement account 0 •5,880 --1155,,001188 --11,,777788 --558844 ++33,,0077bb ++1100,,772233 --55,,221100 --666666 --11,,003388 --33,,773366 ++22,,112233 +6,229 TOTAL ASSETS 435,941 27,307 115533,,226688 1177,,111166 2244,,55»»>>ii 3366,,883388 3322,,557700 4444,,779988 1188,,779999 77,,336600 1133,,112200 1177,,220099 42,964 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 $ 16,792 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 $ 108 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 JANUARY 24, 1996 Millions oi dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 333999111,,,111555666 222222555555,,,,,,333333444444999999 111333888,,,222000555 15,344 2222,,770022 33333333,,,,777700006666 22229999,,,,222244445555 44440000,,,,333300009999 11117777,,,,555511118888 55,,558855 1111,,334400 1155,,110022 36,752 Deposits Depository institutions 111888,,,888999888 111111,,,,,,000000111111000000 333,,,111888777 898 884433 1111,,,,666633334444 1111,,,,666633332222 2222,,,,333377770000 666688883333 11,,002222 779999 11,,115588 3,662 U.S. Treasury--general account 777,,,000888999 000000 777,,,000888999 0 00 0000 0000 0000 0000 00 00 00 0 Foreign--official accounts 111777333 666666 666888 7 99 11111111 11114444 11117777 4444 44 55 99 20 Other 333111333 222222 111222555 33 66662222 6666 111100009999 0000 11 22 11 1 Total deposits 222666,,,^^^///333 111111,,,,,,000000111111888888 111000,,,444666999""" 999000777 885555 1111,,,,777700006666 1111,,,,666655552222 2222,,,,444499996666 666688886666 11,,002277 880066 11,,116688 3,683 Deferred credit items 555,,,666///888 333333555555444444 888000333 222bbblll 225533 444488880000 oooo22223333 555500004444 111177775555 443355 446633 227744 1,053 Other liabilities and accrued dividends1 444,,,111999222 222222222222111111 111,,,444666000 222000444 224455 333333333333 222233337777 444488887777 222200002222 110044 119911 115599 350 TOTAL LIABILITIES 444222777,,,555000000 222222666666,,,,,,999999^^^^^^222222 111555000,,,999333777 111666,,,777111777 2244,,005555 33336666,,,,222222225555 33331111,,,,777755557777 44443333,,,,777799995555~~~~ 11118888,,,,555588881111 77,,115522 1122,,880000 1166,,770033 41,838 CAPITAL ACCOUNTS Capital paid in 333,,,999999111 111111777777222222 111,,,000666888 111999111 225566 222288888888 333399996666 444477778888 99999999 110011 115522 224477 544 Surplus 333,,,999666666 111111777777111111 111,,,000666777 111999000 225599 222299992222 333388889999 4444////3333 99998888 9999 115522 224466 542 Other capital accounts 444888333 222222222222 222000777 111999 2211 33333333 22229999 55552222 22220000 99 1177 1133 41 TOTAL LIABILITIES AND CAPITAL ACCOUNIS 443355,,994411 222222777777,,,,,,333333000000777777 153,268 111777,,,111111666 2244,,559911 33336666,,,,888833338888 33332222,,,,555577770000 44444444,,,,777799998888 11118888,,,,777799999999 77,,336600 1133,,112200 1177,,220099 42,964 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 448844,,990066 333333111111,,,,,,111111444444000000 117711,,441199 1199,,229922 4400,,779933 33^^443366 4488,,115544 2200,,553333 66,,996699 1133,,554499 1199,,336600 50,748 Less- Held by F.R. Banks 9933,,775500 555555,,,,,,777777^^^^^^111111 3333,,221144 33,,994488 33,,881100 77,,008888 77,,119911 77,,884455 33,,001155 11,,338844 22,,220099 44,,225577 13,99/ F.R. notes, net 391,156 222222555555,,,,,,333333444444999999 113388,,220055 115577334444 2222,,770022"" 333377//0066 2299,,224455 4400,,330099 1177,,551188 55,,558855 1111,,334400 1155,,110022 36,752 Collateral held against F.R. notes Gold certificate account 11,052 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities 369,936 Total collateral 391,15o 1 Includes t-xchanye 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