H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.••q^cow: 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. ••.fSSfS^' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 1, 1996 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJaann 3311,, 11999966 Jan 24, 1996 J Feb 1, 1995 Jan 31, 1996 Reserve Bank credit1 2 409,603 2,913 • 9,893 413,184 U.S. government securities Bought outright--system account 373,871 541 + 12,606 378,208 Held under repurchase agreements 0 0 732 0 Federal agency obligations Bought outright 2,634 0 912 2,634 Held under repurchase agreements 0 0 266 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 2 87 10 Seasonal credit 5 + 1 36 5 Extended credit 0 0 0 0 Float 700 2,196 + 547 976 Other F.R. assets 32,382 175 1,225 31,350 Gold stock 11,052 + 2 • 2 11,052 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 24,044 + 14 + 971 24,044 Total factors supplying reserve funds 454,868 2,897 • 13,017 458,448 Currency in circulation* 412,334 3,362 • 16,682 412,629 Treasury cash holdings* 271 0 64 273 Deposits, other than reserve balances, with F.R. Banks Treasury 6,963 255 1,667 8,210 Foreign 207 + 32 • 20 165 Service-related balances and adjustments3 6,319 105 • 1,258 6,319 Other 344 • 34 + 35 406 Other F.R. liabilities and capital 12,701 176 • 176 11,832 Total factors, other than reserve balances, absorbing reserve funds 439,137 3,832 • 16,439 439,834 Reserve balances with F.R. Banks4 15,730 • 935 3,422 18,614 On January 31, 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 $ 509044 million, a change of + $ 5,123 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 15,435 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11,949 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 11,097 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11,097 million was with foreign official and international accounts Includes $ 262 million securities loaned-fully secured US. government securities. 3 Consists of required clearing balances of $ 5,194 million and adjustments of $ 1,125 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 Jan 31, 1996 Jan 24, 1996 Feb 1, 1995 ASSETS Gold certificate account 11,052 0 • 2 Special drawing rights certificate account 10,168 0 • 2,150 Coin 513 • 20 + 109 Loans 15 2 57 Acceptances 0 0 0 Federal agency obligations Bought outright 2,634 0 - 912 Held under repurchase agreements1 0 0 - 25 U.S. government securities Bought outright--Bills 184,355 • 5,695 • 7,470 Notes 149,785 0 • 6,263 Bonds 44,069 0 • 1,071 Total bought outright2 378,208 • 5,695 • 14,804 Held under repurchase agreements1 0 0 - 1,300 Total U.S. government securities 378,208 * 5,695 • 13,504 Total loans and securities 380,857 • 5,693 • 12,511 Items in process of collection (469) 6,374 + 577 • 646 Bank premises 1,134 - 1 • 58 Other assets3 30,246 - 1,294 - 2,477 TOTAL ASSETS (469) 440,344 • 4,995 + 12,999 LIABILITIES Federal Reserve notes 389,371 1,786 • 15,349 Deposits Depository institutions 25,122 • 6,224 - 3,092 U.S. Treasury--general account 8,210 • 1,121 • 1,436 Foi•> *gn~-official accounts 165 - 8 - 5 0tu, 406 • 92 • 74 v I deposits 33,903 • 7,429 - 1,587 Def- ed availability cash items (469) 5,239 • 151 - 199 Ott" liabilities and accrued dividends* 4,181 - 11 - 188 TOTAL LIABILITIES (469) 432,693 + 5,784 • 13,375 CAPITAL ACCOUNTS Capital paid in 3,996 * 5 • 298 Surplus 3,654 - 312 - 29 Other capital accounts 1 - 482 - 644 * 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 S 1,100 million was outstanding at the end of the latest statement week. 2 Net of $ 11,097 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 262 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 $ 140 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 31, 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 Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 15 0 WWiitthhiinn 1155 ddaayyss 20,294 •• 55,,889911 141 0 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 84,103 •• 882233 660 + 47 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 119,461 22,,007766 617 47 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 85,961 •• 11,,005577 664 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 31,469 00 527 0 OOvveerr 1100 yyeeaarrss 36,921 00 25 0 Total 15 0 TToottaall 378,208 •• 55,,669955 2,634 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 JANUARY 31, 1996 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San 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 513 21 18 24 26 83 77 45 27 23 60 54 55 Loans 15 1 0 6 0 0 1 1 0 4 3 0 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 184,355 9,067 73,273 7,998 10,628 14,159 8,559 21,254 8,437 3,328 7,044 5,977 14,632 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 2,167 17,515 1,912 2,540 3,385 2,046 5,081 2,017 796 1,684 1,429 3,498 Total bought outright2 378,208 18,601 150,321 16,408 21,803 29,048 17,558 43,603 17,308 6,828 14,451 12,263 30,017 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 378,208 18,601 150,321 16,408 21,803 29,048 17,558 43,603 17,308 6,828 14,451 12,263 30,017 Total loans and securities 380,857 18,731 151,367 16,529 21,955 29,250 17,681 43,907 17,429 6,879 14,554 12,348 30,226 Items in process of collection 6,844 493 886 303 420 632 748 558 365 413 517 383 1,125 Bank premises 1,134 95 146 49 71 126 77 110 30 59 55 157 159 Other assets3 30,246 1,326 9,621 1,358 1,831 2,394 2,416 3,560 906 677 1,120 1,556 3,479 Interdistrict settlement account 0 •6,469 -12,335 -1,741 -944 •3,141 •10,061 -5,670 -1,128 -1,460 -4,151 +2,208 +5,550 TOTAL ASSETS 440,813 28,221 157,883 17,368 24,564 37,279 32,139 44,809 18,603 6,974 12,880 17,488 42,607 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 $ 1,100 million was outstanding at the end of the latest statement week. 2 Net of $ 11,097 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 262 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 $ 140 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 ,,•>*i,l,AHV 31, 1 Millions of dollars Total Boston New York Philadelphia | Cleveland „nu;ago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 389,371 25,232 138,741 15,138 22,557 33,657 28,431 40,274 17,290 5,489 11,032 14,717 36,813 Deposits Depository institutions 25,122 2,043 6,403 1,436 1,009 2,070 2>09/ 2,484 725 773 901 1,836 3,345 U.S. Treasury--general account 8,210 0 8,210 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 165 6 60 7 9 11 14 17 4 4 5 9 20 Other 406 2 142 7 5 __&? 8 141 1 1 3 4 3 Total deposits 33,903 2,052 14,815 1,450 1,024 " 2,170 2,119 2,642 730 778 909" 1,848 3,367 Deferred credit items 5,708 385 739 216 255 554 621 503 187 414 463 308 1,062 Other liabilities and accrued dividends1 4,181 218 1,487 200 j!4l 339 231 475 198 101 188 156 348 TOTAL LIABILITIES 433,163 27,886 155,781 17,004 24,077 36,720 317403 43,893 18,405 6,782 12,592 17,029 41,590 CAPITAL ACCOUNTS Capital paid in 3,996 173 1,070 192 256 289 397 478 99 101 152 246 544 Surplus 3,654 162 1,031 171 231 270 340 438 98 92 136 212 474 Other capital accounts 1 0 0 0 0 0 0 0 1 0 0 0 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 440,813 28,221 157,883 17,368 24,564 37,279 32,139 44,809 18,603 6,974 12,880 17,488 42,607 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 489,867 31,031 l/b^/b ±9,170 26,515 40,81 48,758 20,521 6,956 13,482 19,227 51,534 Less--Held by F.R. Banks 100,496 5,799 37,237 4^032 3,959 7,161 7,44b 8,485 3,231 1,467 2,450 4,510 J.4^721 F.R. notes, net 389,371 25,232 138,741 15,138 22,557 33,657 28,43J~ 40,274 17,290 5,489 11,032 14,717 36,813 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 368,150 Total collateral 389,371 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates ot 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