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 m*3E5&?. 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 February 22, 1996 Millions of dollars Averac ies 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 Feb 21, 1996 ^Feb" 14, 1996 1 Feb 2'2 , 1995 1 Feb 21, 1996 Reserve Bank credit1 2 408,964 • 1,625 • 8,113 412,854 U.S. government securities Bought outright--system account 375,178 + 2,898 • 12,104 375,706 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 2,634 0 - 912 2,634 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 8 • 1 - 22 3 Seasonal credit 8 0 - 27 9 Extended credit 0 0 0 0 Float 1,429 * 765 • 426 4,537 Other F.R. assets 29,727 - 2,040 - 3,459 29,966 Gold stock 11,053 * 1 + 3 11,053 Special drawing rights certificate account 10,166 0 • 2,150 10,168 Treasury currency outstanding 24,C86 + 14 • 965 24,086 Total factors supplying reserve funds 454,291 $ 1,639 _ TT7230""" 458,162 Currency in circulation* 413,247 & 866 + 15,976 414,043 Treasury cash holdings* £7$ * 5 - 64 280 Deposits other than reserve, balances, with F.R, Banki ? Treasury 5,137 - 67 - 570 5,192 For-ftisn ^ ! 228 *K 43 • 20 294 Service^related caAancss and adjustments** 1 >.78? ; - 50 * 1,546 5,786 0*her I '591. ^ 17 + 34 368 SHift*r Is-F?. liabilities and cspitai ; ;;tt„„mm :: 119 _ * 55 : 12,642 —— ^^ Ti-t*l factors; other than r*serv® balances,. ' q&sorbing reserve funds j ***? Q\i i 935 * 16,997 436,605 ;• !vHsrv« -.ualsvices with F.R. Banks* | 706 - S,76*» 19,556 i o.i NVj^.-arv ?V 1396, the face amount o? marketabi-a U.S. ^--jver^Tierst >e-\y."-;.*;. *•;«:;! :.r« cui-oc? by !h* Fsdera! Reserve Banks for foreign sfitesai and Internationa! accounts was $ 523,300 million, A r.ftv.-J* n( ;- % S.V^S miiifon tor the week. The iota} Includes the face vasj'i <JJ U.3 Treasury strips and ether zero coupon bonds. 3 Wet of I 14,137 million, daily average, matched sale-^uruhas* -r^nss-jtior:* outstanding -taring the latest statement week, of which a ^et of $ 13.470 million *as with foreign official and ir.te ^at!o- a- accounts, includes securities ?oaned--fuily secured by U.S. government securities. 3 Ntt of $ 13.600 million matched saie-purchase transactions outstanding si the erjd of the latest statement week, of which a net of $ 12,600 million was with foreign official and international accounts. Includes $ 484 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5.365 million and adjustments of $ 421 million to compensate for fioat. 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 Wednesday Wednesday Wednesday Feb 21, 1996 Feb 14, 1996 Feb 22, 1995 ASSETS Gold certificate account 11,053 0 2 Special drawing rights certificate account 10,168 0 2,150 Coin 550 1 114 Loans 12 17 51 Acceptances 0 0 0 Federal agency obligations Bought outright 2,634 0 912 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright--Bills 181,852 1,625 3,286 Notes 148,885 900 5,112 Bonds 44,969 9QQ 2,222 Total bought outright2 375,706 10,619 Held under repurchase agreements1 0 0 Total U.S. government securities 375,706 10,619 Total loans and securities 378,352 1,608 9,656 Items in process of collection (524) 13,201 6,622 3,507 Bank premises 1,141 3 62 Other assets3 28,723 2,069 3,571 TOTAL ASSETS (524) 443,188 6,163 11,921 LIABILITIES Federal Reserve notes 590,786 666 * 15,014 Deposits Depository institutions 25^696 2,334 3,106 U.S. Treasury--general account 5,192 15 467 Foreign--official accounts 294 121 2 Other 368 9 * 36 Total deposits 31 ,551 2,460 3,538 Deferred availability cash items C524) 8 ,209 3^005 * 374 Other liabilities %nd accrued dividends4 4 ,192 78 413 TOTAL LIABILITIES CS24) 434,738 6,054 * 11,436 CAPITAL ACCOUNTS Capital paid in 4,036 12 259 Surplus 3,933 20 255 Other capital accounts 476 7? 29 * figures in parenth«s€s are the eliminations made m 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 it the snd of \he latest statement week, 2 Net of $ 13600 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes ; S 464 million securities loaned—!tif!y secured by U S. government securities. 3 Includes assets de-nominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 126 million in Treasury bills maturing within 30 days. 4 Includes exchange-translation account reflecting the monthly revaluation B\ market'exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, FEBRUARY 21, 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 sacuritlas obligations LLooaannss AAcccceeppttaanncceess u uj I Waekly -"*«•! £££ Holdings « chang s Within 15 days 11 0 WWiitthhiinn 1155 ddaayyss 13,271|- 3,560| 365 • 365 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 87,393 • 3,865 544 365 Ovar 90 days 0 0 9911 ddaayyss ttoo 11 yyaaaarr 116,519 - 2,852 604 0 OOvvaarr 11 yyaaaarr ttoo 55 yyaaaarrss 88,571;• 2,611 569 0 OOvvaarr 55 yyaaaarrss ttoo 1100 yyaaaarrss 32,151;* 682: 527 0 OOvvaarr 1100 yyeeaarrss 37,801* 880 25 0 Total 12 0 TToottaall 375,706j* l,625j 2,634j 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 BAMK ON FEBRUARY 21, 1996 Millions of dollars Kansas San Total Boston Mew York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,053 575 4,276 433 621 662 556 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 550 2S 20 30 32 87 81 50 31 24 57 52 61 Loans 12 4 0 0 0 0 1 0 0 4 3 0 0 Acceptances 0 0 0 0 0 a 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,634 150 1,047 114 152 202 122 304 121 48 101 85 209 field under repurchase agreements^ 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities bought outright--Bills 181,852 S#944 72,278 7,890 10,483 13,967 8,442 20,965 8,322 3,283 6,948 5,896 14,433 Notes 148,885 7,322 59,175 6,459 8,583 11,435 6,912 17,165 6,813 2,688 5,689 4,827 11,817 Bonds 44,969 22,,221122 1177,,887733 11,,995511 22,,559922 33,,445544 22,,008888 55,,118844 22,,005588 881122 11,,771188 1,458 3,569 Total bought outright2 575,706 1188,,447777 114499//332266 1166,,330000 2211,,665599"" 2288,,885566 1177,,444422 4433,,331144"" 1177,,119944 66,,778833 1144,,335555 12,181 29,819 Held under repurchase agreements1 L ° 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities ~"~18~,477*~ 149^326" 16/300" 21,659" 28^856 17*442" 43^314" 17,194" 6,783" 14,355 12,181 29,819 Total loans and securities ! f ~ '" ~3 3 7 75 8 7 , 7 3 0 5 6 2 " " "16,611 " 15¥/3>3~ 21,81V 29,058" 17,565 43,618" 17,314" 6,834" 14,459 12,267 30,028 Ite*s in process of collection 1.3,725 862 2,031 633 783 1,348 1,700 1,503 530 810 725 791 2,012 Bank pre*ises 1,141 95 147 49 74 126 77 110 30 63 55 157 159 Other assets3 2B, 7215 1,250 9,037 1,292 1,744 2,271 2,346 3,378 838 646 1,064 1,508 3,347 lnterdistrict settlement account ! o 1 +5^947 --1133,,773333 --22,,117755 --448888 ••44,,660044 ++88,,994433 --55,,552233 -477 -1,224 -3,850 ++11,,666699 +6,307 TOTAL ASSETS 443,712 27,6/6 ~~TTLL556677OO55~~33 1177//008899"" 2255,,116611 3399,,114477** 3311,,779922"" 4455,,443355"" 19,240 7,536 13,233 1177,,222255^^ 43,927 1 »__„„... ; . 1 Does not include U.S government and federal agency securities resold iwidm matched sale-purchase transactions to foreign official and international accounts, of which $ 0 million was outstanding m lh& »nd of the latest statement week. 2 Net of $ 13,600 million matched sale-purchase lr&ns>&cth>m outstanding at the end of the latest statement week. Includes $ 464 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rales. Includes special investment account at Chicago of % 128 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 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BAHK ON FEBRUARY 21, 1996 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,053 57S 4,276 433 621 862 556 1,220 484 203 382 405 1,036 Special drawing rights certif. acet. 10,168 511 3,903 413 584 790 523 1,079 490 180 342 376 977 Coin 550 25 20 30 32 87 81 50 31 24 57 52 61 Loans 12 444 0000 0000 0000 0000 1111 0000 0000 4444 3333 0000 0 Acceptances 0 000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0 Federal agency obligations Bought outright 2,634 111333000 1111,,,,000044447777 111111114444 111155552222 222200002222 111122222222 333300004444 111122221111 44448888 111100001111 88885555 209 Held under repurchase agreements1 0 000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0 U.S. governwent securities bought outright--Bills 181,852 888,,,999444444 77772222,,,,222277778888 7777,,,,888899990000 11110000,,,,444488883333 11113333,,,,999966667777 8888,,,,444444442222 22220000,,,,999966665555 8888,,,,333322222222 3333,,,,222288883333 6666,,,,999944448888 5555,,,,888899996666 14,433 Notes 148,885 777,,,333222222 66669999,,,,111177775555 6666,,,,444455559999 8888,,,,555588883333 11111111,,,,444433335555 6666,,,,999911112222 11117777,,,,111166665555 6666,,,,888811113333 2222,,,,666688888888 5555,,,,666688889999 4444,,,,888822227777 11,817 Bonds 44,969 222,,,222111222 11117777,,,,888877773333 1111,,,,999955551111 2222,,,,555599992222 3333,,,,444466664444 2222,,,,000088888888 5555,,,,llllfffftttt4444 2222,,,,000055558888 888811112222 1111,,,,777711118888 1111,,,,444455558888 3,569 Total bought outright2 375,706 111888,,,444777777 ''' 111144449999,,,,333322226666 11116666,,,,333300000000 22221111,,,,666655559999"""" 22228888,,,,888855556666 11117777,,,,444444442222 44443333,,,,333311114444"""" 11117777,,,,111199994444 6666,,,,777788883333 11114444,,,,333355555555 11112222,,,,111188881111 29,819 Held under repurchase agreements* 0 000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0 Total U.S. govt, securities 375,706 """ 111888,,,444777777 """ """"111144449999^^^^333322226666"""" 11116666,,,,333300000000"""" 22221111,,,,666655559999"""" 22228888^^^^888855556666"""" 11117777,,,,444444442222"""" 44443333^^^^333311114444"""" 11117777,,,,111199994444~~~~ 6666,,,,777788883333"""" 11114444,,,,333355555555 11112222,,,,111188881111 29,819 Total loans and securities 378,352 18,611 111155550000,,,,333377773333"""" 11116666,,,,444411114444~~~~ 22221111,,,,8888llllVVVV 22229999,,,,000055558888"""" 11117777,,,,555566665555 44443333,,,,666611118888""""**** 11117777,,,,333311114444 6666,,,,888833334444"""" 11114444,,,,444455559999 11112222,,,,222266667777 30,028 IteMS in process of collection 13,725 886622 22,,003311 663333 778833 11,,334488 11,,770000 11,,550033 553300 881100 725 779911 2,012 Bank prewises 1,141 9955 11**77 4499 7744 112266 7777 111100 3300 6633 55 115577 159 Other assets3 2a, 723 11,,225500 99,,003377 11,,229922 11,,774444 22,,227711 22,,334466 33,,337788 883388 664466 1,064 11,,550088 3,347 lnterdistrict settlement account 0 ••55,,994477 --1133,,773333 --22,,117755 --448888 ••44,,660044 ••88,,994433 --66,,552233 --447777 --11,,222244 -3,850 ++11,,666699 •6,307 TOTAL ASSETS 443,712 ""22 77 ,,""887766 """" 115566,,005533 1177,,008899 2255,,1166ll"" 3399,,114477"" 3311,,779922"" 4455,,443355"" 1199,,224400 77,,553366 13,233 1177,,222255^^ 43,927 1 Does not include US government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 0 million was ouisiai>dSf»9 at the end o fift® latest statement week. 2 Net of $ 13,600 million matched sale-purchase transactions outstanding, at the end of She latest statement week. Includes $ 464 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange ra£es. Includes special investment account at Chicago of $ 128 million in treasury bills maturing within SO d^ys Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis