H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data Mre 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 Hay 16, 1996 Million* of dollars i Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy IInnssttiittuuttiioonnss aatt WWeeeekk eennddeedd | Change from week mndmd J Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteerrss HHaayy 1155,, 11999966 Hay 6, 1996 I Hay 17, 19951 Hay 15, 1996 Reserve Bank credit1 2 1 415,333 2,221 1 • 4,759 1 418,398 U.S. government securities Bought outright--system account 379,272 1,346 • 9,858 1 380,134 Held under repurchase agreements 727 678 936 5,089 Federal agency obligations Bought outright 2,444 0 914 2,444 Hmld under repurchase agreements 2 96 426 15 Acceptances ! o 0 0 0 Loans to depository institutions Adjustment credit 27 • 6 • 23 23 Seasonal credit 92 • 14 42 103 Extended credit 0 0 0 0 Float 934 18 • 534 640 Other F.R. assets 31,835 102 3,337 29,950 Gold stock 11,051 0 3 11,051 Special drawing rights certificate account 10,16d 0 • 2,150 10,168 Treasury currency outstanding 24,334 • 14 • 1,003 24,334 Total factors supplying rmservm funds 460,867 2,206 • 7,909 463,952 Currency in circulation* 419,385 • 1,137 • 10,845 420,381 Treasury cash holdings* 265 42 80 265 Deposits, other than reserve balances, with F.R. Banks . Treasury 5,673 864 • 91 J 4,079 Foreign 185 4 • 1 229 Service-related balances and adjustments3 6,039 • 37 | • 1,402 6,039 Other 1 381 • 14 • 61 376 Other F.R. liabilities and capital 12,930 • 225 • 5 1 12,712 Total factors, other than rmsmrwe balances, absorbing rmsmr^9 funds 444,858 • 504 • 12,324 444,080 Reserve balances with F.R. Banks4 16,030 2,710 4,415 19,872 On May 15, 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 $ 553.043 million, a change of + $ 1,746 million for the week. The total includes the face value of US. Treasury strips and other zero coupon bonds. 1 Net of S 12,812 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 12,145 million was with foreign official and international accounts. Includes securities loaned-futly secured by U.S. government securities 2 Net of $ 11,951 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11,951 million was with foreign official and international accounts. Includes $ 440 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,824 million and adjustments of $ 214 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. • Estimated (Treasury* figures). Components may not add to totals due to rounding. **Estimated data for St. Louis District. 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 May 15, 1996 May 8, 1996 May 17, 1995 ASSCIS Cold certificate account 11,051 0 3 Spacial drawing rights certificate account 10,166 0 2,150 575 4 161 Coin Loans 126 25 15 Accaptancas 0 Q C Fadaral agency obligations Bought outright 2,444 0 91* Held under rapurchasa agreements1 15 605 965 U.S. government securities Bought outright--Bills 183,569 13 5,415 Notes 150,102 0 3,104 Bonds 46,443 0 2,764 Total bought outright2 380 ,13* 13 11,284 Held under repurchase agreements1 5 ,089 1,303 1,209 Total U.S. government securities 385"^ 223 1,290 12,493 Total loans and securities 387,808 1,870 10,579 Items in process of collection (456] 6,268 5,408 436 Bank premises 1,171 9 80 Other assets3 29,043 2,015 3,885 TOTAL ASSE1S (456) *46,084 9,288 9,518 LIABILITIES Federel Reserve notes 396,887 622 10,324 Deposits Depository institutions 26 ,257 - 7,756 4 424 U.S. Treasury-general account 4 ,079 - 1,797 - 1,756 Foreign--official accounts 229 4 55 4 50 Other 376 * 15 4 56 Total deposits 30 ,940 - 9,484 - 1,227 Deferred availability cash items (456) 5 ,545 - 359 4 397 Other liabilities and accrued dividends* 4 ,226 - 102 - 393 TOTAL LIABILITIES (456) 437 ,599 — 9,322 i 9,101 CAPITAL ACCOUNTS Capital paid in 4 ,050 4 30 i 240 Surplus 3 ,966 0 4 283 Other capital accounts 469 4 4 - 107 * Figures in parentheses art the eliminations made in the consolidation process. 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 outstanding at the end of the latest statement week. 2 Net of $ 11.951 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 440 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 $ 142 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 **Estimated data for St. Louis District. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MAY 15, 1996 Acceptances and securities held under repurchase agreements are ciassifled as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAccccaappttaannccaass Weekly Weakly Holdings Holdings changes changes Within 15 days 52 0 WWiitthhiinn 1155 ddaayyss 19,563 555 31 589 16 days to 90 days 74 0 1166 ddaayyss ttoo 9900 ddaayyss 84,416 4,637 845 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyaaaarr 117,906 • 3,579 575 0 OOvveerr 11 yyaaaarr ttoo 55 yyaaaarrss 91,676 319 512 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 32,941 • 642 472 20 OOvveerr 1100 yyaaaarrss 38,721 0 25 0 Total 126 0 TToottaall 385,223 1,290 2,459 605 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 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MAY 15, 1996 Millions of dollars Total ! Boston New York Philadelphia Cleveland Richmond Atlanta Chicago ** Minneapolis Kanaac Oaltaa San St Louit City Fmnciaco ASSETS Gold certificate account 11,051 1 661 4,052 423 624 919 769 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 575 31 29 37 27 92 68 63 28 25 62 39 73 Loans 126 2 0 3 0 0 11 21 28 38 12 6 5 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 • Federal agency obligations Bought outright 2,444 144 909 95 144 203 163 265 114 37 77 88 207 Held under repurchase agreements1 15 0 15 0 0 0 0 0 0 0 0 0 8 U.S. government securities Bought outright--Bills 183,589 10,802 6688,,227766 7777,,,,111100005555 11110000,,,,777799990000 1155,,222244 1122,,225522 11119999,,,,888899996666 8,600 2,769 5,751 6,574 15.549 Notes 150,102 8,832 5555..882222 5555,,,,888800009999 8888,,,,888822222222 1122,,««4477 1100,,001177 11116666,,,,222266667777 7,032 2,264 4,702 5,375 12.713 Bonds 46,443 2,733 1177,,227722 1111,,,,777799997777 2222,,,,777733330000 33..885511 33,,009999 5555,,,,000033333333 2,176 700 1,455 1,663 3,934 Total bought outright2 380,134 22,366 114411,,337700 11114444,,,,777711112222"""" 22222222,,,,333344442222 3311,,552222 2255,,336688"" 44441111,,,,111199996666 111777,,,888000888 555,,,777333333 111111,,,999000777 111333,,,666111222 32,196 Held under repurchase agreeaients1 5,089 0 55,,008899 0000 0000 00 00 0000 000 000 000 000 0 Total U.S. govt, securities 385,223 1 22,366 114466,,445599 11114444,,,,777711112222 22222222,,,,333344442222 3311,,552222 2255,,336688 44441111,,,,111199996666"""" 111777,,,888000888 555,,,777333333 111111,,,999000777 111333,,,666111222 32,196 Total loans and securities 387,808 22,512 114477,,338833 11114444,,,,888811110000 22222222,,,,444488886666 3311,,772255 2255,,554422 44441111,,,,444488882222"""" 111777,,,999555000 555,,,888000888 111111,,,999999666 111333,,,777000666 32,408 Iteais in process of collection 6,724 406 990066 335 228811 520 746 536 322 409 439 362 1,4*2 Bank premises 1,171 94 114466 49 8855 126 81 109 31 79 55 157 158 Other assets3 29,043 1,389 88,,996622 1,254 11,,884466 2,308 2,568 3,323 859 629 1,008 1,531 3,367 Interdistrict settlement account 0 •1,888 --1133,,119988 -547 ••11,,116699 •7,548 • 656 -976 -2,753 • 760 -775 -65 •6,294 TOTAL ASSETS 446,540 27,491 115522,,118822 16,774 2277,,110033 44,028 30,953 46,756 17,402 8,058 13,448 16,539 45,806 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 $ 11,951 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 440 million securities loaned--fu1ly 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 142 million in Treasury bills maturing within 90 days Components may not add to totals due to rounding. •"•Estimated data for St. Louis District. 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 MAY 15, 1996 Millions of dollars *~* Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St Loula Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 396,BB7 24,153 137,789 14,494 24,998 40,366 26,927 41,548 16,366 6,136 11,272 13,646 39,191 Deposits Depository institutions 26,257 2,342 5,576 1,451 1,066 2,112 2,101 3,053 332 1,130 1,242 1,942 3,909 U.S. Treasury--general account 4,079 0 4,079 0 0 0 0 0 0 0 0 0 0 Foreign-official accounts 229 6 124 7 9 11 14 17 4 4 5 9 20 Other 376 0 118_ 3 2 78 19 145 0 1 4 2 3 Total deposits 30,940 2,348 9,897 1,461 1,078 2,201 2,134 3,215 336 1,135 1,251 1,953 3,931 Deferred credit itens 6,001 362 698 231 243 501 744 527 280 482 414 262 1,258 Other liabilities and accrued dividends1 4j226 246 1,439 185 247 352 305 454 202 97 164 168 367 TOTAL LIABILITIES 438,055 27,110 149,823 16,371 26,566 43,420 30,110 45,745 17,183 7,850 13,101 16,028 44,748 CAPITAL ACCOUNTS Capital paid in 4,050 179 1,095 194 256 291 414 483 104 101 174 249 512 Surplus 3,966 171 1,057 190 259 292 389 473 98 99 152 246 542 Other capital accounts 469 32 207 20 23 25 40 56 17 8 21 15 6 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 446,540 27,491 152,182 16,774 27,103 44,028 30,953 46,756 17,402 8,058 13,448 16,539 45,606 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 511,322 29,161 192,894 18,160 28,076 46,924 33,543 49,660 16,945 7,250 12,951 20,263 53,475 Less--Held by F.R. Banks 114,435 5,008 55,106 3,686 3,077 6,557 6,616 8^111 2^79 1^114 1^79 6j^l7 14,264 F.R. notes, net 396,887 24,153 1*3"7 ,"7r_8ft9° 14,494 24,998 40,366 26,927 41,548 16,366 6,136 11,272 13,646 39,191 Collateral held against F.R. notes Gold certificate account 11,051 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities 375,668 Total collateral 396,887 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. ••Estimated data for St. Louis District. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis