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 ••f«r«3£ Hie information is available, en (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 11, 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 iitteennss AApprr 1100,, 11999966 Apr 3, 1996 Apr 12, 1995 Apr 10, 1996 Reserve Bank credit1 2 418,226 • 2,392 + 8,856 420,655 U.S. government securities Bought outright--system account 377,055 421 • 8,403 377,189 Held under repurchase agreements 6,337 • 2,836 + 4,574 8,148 Federal agency obligations Bought outright 2,521 5 887 2,491 Held under repurchase agreements 57 943 136 400 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 34 • 7 • 25 0 Seasonal credit 19 • 6 42 20 Extended credit 0 0 0 0 Float 831 • 759 • 508 874 Other F.R. assets 31,372 • 154 3,590 31,534 Gold stock 11,053 0 1 11,053 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 24,207 + 14 • 956 24,207 Total factors supplying reserve funds 463,654 + 2,406 + 11,961 466,083 Currency in circulation* 419,041 * 1,886 + 14,270 420,488 Treasury cash holdings* 318 + 3 49 319 Deposits, other than reserve balances, with F.R. Banks Treasury 5,986 30 • 1,008 5,000 Foreign 212 * 32 •§• 37 201 Service-related balances and adjustments3 5,869 61 + 1,851 5,869 Other 372 32 • 3 365 Other F.R. liabilities and capital 12,789 * 153 1,574 12,793 Total factors, other than reserve balances, absorbing reserve funds 444,587 + 1,951 + 15,B^h 445,036 Reserve balances with F.R. Banks4 19,067 • 455 3,585 21,048 ,,. ,. , _ On April 10, 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 $ 562,062 million, a change of + $ 7,069 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 12,338 million, daily average, matched sale-purchase transactions outstanding during the latest statement w*Pk, of which a net of S 12,338 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 12,204 million matched sale-purchase transactions outstanding at the end of the latest statement w»*k, of which a net of $ 12,204 million was with foreign official and international accounts. Includes S 260 million securities Joaned-fuHy secured U.S. government securities. 3 Consists of required clearing balances of $ 5.563 million and adjustments of $ 306 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 Apr 10, 1996 Apr 3, 1996 Apr 12, 1995 ASSETS Gold certificate account 11,053 0 - 1 Special drawing rights certificate account 10,168 0 • 2,150 Coin 561 1 • 149 Loans 20 5 51 Acceptances 0 0 0 Federal agency obligations Bought outright 2,491 - 35 - 917 Held under repurchase agreements1 400 - 600 - 50 U.S. government securities Bought outright--Bills 183,335 - 5,298 • 4,561 Notes 148,885 • 3,098 • 2,061 Bonds 44,969 0 • 747 Total bought outright2 377,189 - 2,200 • 7,369 Held under repurchase agreements1 8,148 4- 6,245 • 4,792 Total U.S. government securities 385,337 • 4,045 4 12,161 Total loans and securities 388,248 • 3,405 • 11,142 Items in process of collection (498) 6,279 - 189 + 927 Bank premises 1,154 + 4 • 71 Other assets3 30,425 • 321 - 3,561 TOTAL ASSETS 1498) 447,887 • 3,539 •¥ 10,877 LIABILITIES Federal Reserve notes 397,160 + 1,520 -f 13,246 Deposits Depository institutions 26,959 • 1,745 - 3,631 U.S. Treasury--general account 5,000 + 515 • 590 Foreign--official accounts 201 • 36 • 14 Other 365 - 2 • 15 Total deposits 32,526 •f 2,293 - 3,012 De-ferred availability cash items (498) 5,407 - 782 • 597 Other liabilities and accrued dividends4 4,316 • 248 - 371 TOTAL LIABILITIES (498) 439,409 • 3,279 • 10,460 CAPITAL ACCOUNTS Capital paid in 4,008 - 3i • 215 Surplus 3,966 + 1 • 283 Other capital accounts 503 + 291 - 82 * Figures in parentheses are the eliminations made in the consolidation process. 1 Ooes 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 12,204 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 260 million securities loaned-fully secured by US government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 120 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, APRIL 10, 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 7 0 WWiitthhiinn 1155 ddaayyss 1177,,<<4422 33,,771155 447 553 16 days to 90 days 13 0 1166 ddaayyss ttoo 9900 ddaayyss 9933,,11,,3311 ++ 7744 792 47 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111133,,**2200 ++ 44,,558888 610 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 9900,,779922 •• 33,,009988 526 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 3322,,115511 00 492 35 OOvveerr 1100 yyeeaarrss 3377,,880011 00 25 0 Total 20 0 TToottaall 338855,,333377 ++ 44,,004455 2,891 635 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 APRIL 10, 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 11,053 661 4,054 423 624 919 769 1,140 474 168 321 433 1,067 Special drawing rights certif. acct. 10,168 511 3,903 413 584 790 523 1,079 490 180 342 376 977 Coin 561 32 27 37 34 89 71 58 29 25 44 42 73 Loans 20 3 0 0 0 0 1 2 4 8 3 1 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,491 147 926 96 146 207 166 270 117 38 78 89 211 Held under repurchase agreements1 400 0 400 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 183,335 10,787 68,181 7,096 10,776 15,203 12,235 19,868 8,589 2,765 5,743 6,565 15,528 Notes 148,885 8,760 55,370 5,762 8,751 12,346 9,936 16,135 6,975 2,245 4,664 5,331 12,610 Bonds 44,969 2,646 1166,,772244 11,,774400 22,,664433 33,,772299 33,,000011 44,,887733 22,,110077 667788 11,,440099 11,,661100 3,809 Total bought outright2 377,189 22,193 114400,,227755 1144,,559988 2222,,116699 3311,,227788 2255,,117722 4400,,887777 1177,,667700 55,,668899 1111,,881155 1133,,550066~~ 31,947 Held under repurchase agreements1 8,148 0 8,148 00 000 000 000 000 000 000 000 000 0 Total U.S. govt, securities 385,337 22,193 148,423 1144,,559988 *** 222222,,,111666999 333111,,,222777888 222555,,,111777222 444000,,,888777777 111777,,,666777000 555,,,666888999 111111,,,888111555 """ 111333,,,555000666""" 31347 Total loans and securities 388,248 22,342 149,749 14,695 """ 222222iii333111666 333111,,,444888555 222555,,,333333999™™™ 444111,,,111444888 111777,,,777999000 555,,,777333444 lllTTT,,,888999555 111333,,,555999777 32,158 Items in process of collection 6,777 701 858 259 277 583 733 470 277 431 397 414 1,3"'^ Bank premises 1,154 94 146 49 82 126 77 109 30 69 55 157 1r - Other assets3 30,425 1,391 9,706 1,313 1,832 2,414 2,589 3,463 909 649 1,055 1,592 3,- . Interdistrict settlement account 0 ++11,,335511 --1133,,998899 --331133 ++11,,222288 ++66,,990088 ++11,,990099 --992244 --11,,227744 44226677 --11,,112211 ++ 776677 +5 . ', '• TOTAL ASSETS 448,385 2277,,008833 115544,,445555 1166,,887766 2266,,997788 4433,,331133 3322,,001100 4466,,554455 1188,,772266 77,,552233 1122,,998899 1177,,337788 »*4 , • • 4 ^oes not include US. government and federal agency securities resold under matched sale-purchase transactions to foreign official and mational accounts, of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 12,204 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 260 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 $ 120 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 APRIL 10, 1996 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 397,160 24,475 139,794 14,865 24,379 38,905 27,487 41,701 17,039 6,129 11,054 13,548 37,785 Deposits Depository institutions 26,959 1,575 4,949 1,197 1,459 2,782 2,650 2,744 1,054 640 1,038 2,859 4,011 U.S. Treasury--general account 5,000 0 5,000 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 201 6 96 7 9 11 14 17 4 4 5 9 20 Other 365 2 129 1 3 9977 55 112233 11 11 11 00 1 Total deposits 32,526 1,583 10,173 1,205 1,472 22,,88WW 22,,667700"" 22,,888844 11,,005599 664444'' 11,,004455 22,,886688 4,032 Deferred credit items 5,905 399 653 216 329 553 724 490 198 448 395 281 1,220 Other liabilities and accrued dj vidends1 4,316 224499 11,,449933 118866 224499 335511 330099 445566 220033 9933 116699 117711 385 T0"UL LIABILITIES 439,907 2266,,770066 115522,,111133 1166,,447711 2266,,442288 4422,,770000 3311,,119900 4455,,553311"" 1188,,550000 77,,331155 1122,,666633 1166,,886699 43,422 CAPITA! ACCOUNTS Capital paid in 4,008 178 1,084 193 262 291 400 482 103 101 155 248 511 Surplus 3,966 171 1,057 190 ?59 292 389 473 98 99 152 246 542 Other capital accounts 503 29 201 21 29 30 31 58 25 8 19 15 35 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 448,385 27,083 154,455 16,876 26,978 43,313 32,010 46,545 18,726 7,523 12,989 17,378 44,509 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 506,465 29,856 191,520 18,084 27,863 45,798 34,402 49,437 19,390 7,244 12,666 18.896 51,309 Less-~Held by F.R. Banks 109,305 5,382 51,726 33,,221199 33,,448844 66,,889944 66,,991155 77,,773366 22,,335522 11,,111144 11,,661122 55,,334488 13,523 F.R. notes, net 397,160 24,475 139,794 1144,,886655 2244,,337799 3388,,990055 2277,,448877 4411,,770011 1177,,003399 66,,112299 1111,,005544 1133,,554488 37,785 Collateral held against F.R. notes Gold certificate account 11,053 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities 375,940 Total collateral 397,160 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