H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE I 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 June 6, 1996 Millions of dollars Averages o f dally figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froa week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteennss Jun 5, 1996 May 29, 1996 Jun 7, 1995 Jun 5, 1996 Reserve Bank credit1 2 420,331 • 3,924 • 9,238 422,805 U.S. governnent securities Bought outright--systen account 380,367 - 71 • 7,444 379,748 Held under repurchase agreements 5,772 • 3,596 • 4,976 7,412 Federal agency obligations Bought outright 2,428 - 11 - 804 2,428 Held under repurchase agreements 1,118 • 433 • 1,062 1,428 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 12 - 13 - 13 6 Seasonal credit 142 • 9 • 1 137 Extended credit 0 0 0 0 Float 118 - 83 - 161 1,259 Other F.R. assets 30,374 • 65 - 3,266 30,387 Gold stock 11,051 0 - 3 11,051 Special drawing rights certificate account 10,168 0 • 2,150 10,168 Treesury currency outstanding 24,376 • 14 • 989 24,376 Total factors supplying reserve funds 465,927 _ 3,938 _ 12,374 468,400 Currency in circulation* 422,955 • 850 • 12,701 423,767 Treasury cash holdings* 269 • 5 - 53 288 Deposits, other than rmsery balances, with F.R. Banks Treasury 4,276 - 899 - 149 5,588 Foreign 171 - 25 - 50 164 Service-related balances and adjustments3 6,246 - 479 • 1,522 6,246 Other 311 - 36 • 29 329 Other F.R. liabilities and capital 13,153 • 182 • 370 12,896 Total factors, other than rmsmrye balances, absorbing reserve funds 447,300 403 • 14,370 449,279 Reserve balances with F.R. Banks4 18,547 • 4,341 - 1,996 19,121 On June 5, 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 % 563,166 million, a change of + $ 9,193 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds 1 Net of $ 11,717 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11.717 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 12,338 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 12,336 million was with foreign official and international accounts. Includes $ SO million securities loaned-fully secured U.S. government securities 3 Consists of required clearing balances of $ 5.888 million and adjustments of $ 358 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 Wednesday Wednesday Wednesday Jun 5, 1996 Hay 29, 1996 Jun 7, 1995 ASSETS Gold certificate account 11,051 0 3 Special drawing rights certificate account 10,168 0 2,150 Coin 529 9 151 Loans 142 18 14 Acceptances 0 0 0 Federal agency obligations Bought outright 2,428 0 744 Held under repurchase agreements1 1,428 578 1,035 U.S. government securities Bought outright--Bills 183,203 2,041 1,173 Notes 150,102 0 3,104 Bonds 46,443 0 2,764 Total bought outright2 379,748 2,041 7,042 Held under repurchase agreements1 7,412 4,047 1,841 Total U.S. government securities 387,160 2,006 8,883 Total loans and securities 391,159 2,566 9,187 Items in process of collection (556) 7,708 493 1,561 Bank premises 1,171 1 81 Other assets3 29,155 275 3,539 TOTAL ASSETS (556) 450,941 1,790 9,588 LIABILITIES Federal Reserve notes 400,208 39 11,887 Deposits Depository institutions 25,412 • 2,752 - 3,850 U.S. Treasury--general account 5,588 • 207 • 449 Foreign--official accounts 164 - 16 - 79 Other 329 - 28 • 58 Total deposits 31 ,494 • 2,915 - 3,423 Deferred availability cash items (556) 6 ,343 - 1,278 • 1,075 Other liabilities and accrued dividends4 4 ,411 • 258 - 407 TOTAL LIABILITIES (556) 442,456 4- 1,934 • 9,132 CAPITAL ACCOUNTS Capital paid in 4,155 • 55 • 338 Surplus 3,966 0 • 283 Other capital accounts 364 - 198 - 166 " 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 $ 0 million was outstanding at the end of the latest statement week 2 Net of $ 12,336 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 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 $ 132 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, JUNE 5, 1996 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. ni«Ainiuni Millions of dollars U.S. governtten t Federal agency Loans Acceptances securities obligations Holdings c W h e a e n k g l e y s Holdings c W ha e n e g kl e y s O W 1 v i 6 e t r h d i a n y 9 s 0 15 d t a o y d s a ° y 0 s days 11 3 2 1 ol | ] W 1 9 i 6 1 t h d d i a a n y y s s 15 t t o o da 9 1 y 0 s y e d a a r y s 11 1 9 4 3 5 , , , 5 4 8 4 5 0 6 3 5 ; ; ! * • 4 5 1, , , 5 2 7 1 6 9 5 9 6 l,4 7 6 6 7 1 8 0 0 j+ + • 2 2 9 4 3 7 6 5 Over 1 year to 5 years 91,694!* 18 j 512 0 Over 5 years to 10 years 32,941j 0 472! 0 Total 142, Ove T r o ta 1 l 0 years 38,721' 0! 251 0 387,160.* 2,006; 3,856 f 578 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 JUNE 5, 1996 Millions of dollars I Tola! BBoossttoonn HHeeww YYoorrkk PPhhiillaaddeellpphhiiaa CClleevv eland Richmond Atlanta Chicago St. Lou it Minneapolis Kansas Dallas San City Francisco ASSETS Gold certificate account 11,051 666611 **,,005522 **2233 62* 919 769 1,140 474 168 321 433 1,067 Special drawing rights certif. acct. 10,168 511 3,903 *13 58* 790 523 1,079 490 180 342 376 977 Coin 529 25 2* 32 2* 87 67 50 28 23 57 37 77 L oans 1*2 0 0 * 0 0 6 12 32 59 18 6 5 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,428 1*3 903 9* 1*3 201 162 263 114 37 76 87 206 Held under repurchase agreements1 1,428 0 1,*28 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bouyhl outright~-Bills 183,203 10,779 68,132 7,091 10 ,768 15,192 12,226 19,854 8,582 2,763 5,738 6,560 15,517 Notes 150,102 8,832 55,822 5,809 8 ,822 12,**7 10,017 16,267 7,032 2,264 4,702 5,375 12,713 Bonds 46,4*3 2,733 1177,,227722 11,,779977 22 ,,773300 33,,885511 33,,009999 55,,003333 22,,117766 770000 11,,445555 11,,666633 3,93* Total bought outright2 379,7*8 22,3** 11**11,,222277 1144,,669977 2222 ,, 332200 3311//449900 2255,,33**33 4411,,1155** 1177,,779900 55,,772277 1111,,889955 1133,,559988 32,163 Held under repurchase agreements1 7,*12 0 7,*12 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 387,160 2222,,33**** 1*8,639 1*,6*7 2222 JJ552200 3311,,**9900 2255,,33**33 4411,,115544 1177,,779900 55,,772277 1111,,889955 1133,,559988 32,163 Total loans and securities 391,159 2222,,**8877 150,969 1*,795 2222 ,,**6633 3311,,669922 2255,,551111 **11,,**3300 1177,,993355 55,,882233 1111,,998899 1133,,669911 32,37* Items in process of collection 8,26* 757 1,075 618 3*0 658 1,244 687 265 518 447 399 1,255 Bank premises 1,171 9* 1*5 *8 85 126 81 111 31 79 56 157 159 Other assets3 29,155 1,33* 9,1*7 1,267 1 ,768 2,319 2,507 3,354 871 632 1,023 1,536 3,399 Inter district settlement account 0 •1,786 --2200,,550055 --11^^22**77 ••** ,,559955 ••88,,992277 ••11//331122 --999999 -2,493 • 666 -629 • 1*6 •8,*39 TOTAL ASSETS 451,997 27,655 11**88,,881111 1166,,33**99 3300 ,,**8822 **55,,551188 3322,,001133 4466,,885511 17,601 8,089 13,607 16,775 47,746 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 $ 12,336 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 $ 132 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

M.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JUNE 5, 1996 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 400,208 24,205 133,844 14,378 28,007 41,361 27,693 41,776 16,204 6,164 11,343 13,619 41,613 Deposits Depository institutions 25,412 2,155 4,536 1,127 1,382 2,441 2,375 2,767 742 1,103 1,299 2,137 3,349 U.S. Treasury -general account 5,586 0 5,588 0 0 0 0 0 0 0 0 0 0 lofeiyn official accounts 164 6 59 7 9 11 14 17 4 4 5 9 20 Other 329 1 109 0 1 73_ 5 134 0 13 1 2 Total deposits 31,494 2,162 10,292 1,134 1,392 2,525 2,393 2,918 746 1,108 1,308 2,147 3,370 Defer ted credit items 6,899 661 829 261 307 680 763 629 219 519 433 330 1,270 Other liabilities and accrued dividends1 4,411 255 1,537 191 254 358 315 469 207 96 170 175 385 TOIAL LIABILITIES 443,012 27,2b3 146,501 15,963 29,959 44,923 31,163 45,794 17,375 7,666 13,254 16,272 46,638' CAPITAL ACCOUNTS Capital paid in 4,155 179 1,102 190 255 292 422 517 106 101 174 251 565 Surplus 3,966 171 1,057 190 259 292 389 473 98 99 152 246 542 Other capital accounts 364 22 151 5 9 11 39 67 22 2 27 6 2 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 451,497 27,655 148,811 16,349 30,482 45,518 32,013 46,851 17,601 8,089 13,607 16,775 47,746 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 514,449 29,139 189,481 17,852 30,798 47,424 33,968 49,388 16,560 7,096 12,643 20,887 56,992 Less-Held by F.R. Banks 114,241 4,935 55,637 3^474 2^792 6,064 6,295 7,609 2,357 932 1,500 7,268 15s, 379 F.R. notes, net 400,208 24,205 133,844 14,378 28,007 41,361 27,693 41,778 16,204 6,164 11,343 13,619 41,613 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 376,989 fotal collateral 400,208 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rales 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