H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-•jslfrafe 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. H.4 1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 20, 1996 Millions of dollars | Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended I Change from week ended J Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 19, 1996 1 Jun 12, 1996 j Jun 21, 1995 1 Jun 19, 1996 Reserve Bank credit1 2 422,872 • 5,529 • 5,365 433,336 U.S. government securities Bought outright — system account 382,857 • 2,095 + 10,801 ! 382,761 Held under repurchase agreements 5,418 • 3,016 - 1,325 12,711 Federal agency obligations Bought outright 2,388 1 - 26 - 716 2,388 Held under repurchase agreements 256 | - 255 - 341 195 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 586 • 579 • 326 3,644 Seasonal credit 193 • 41 • 15 207 Extended credit 0 0 0 0 Float 318 - 330 • 18 98 Other F.R. assets 30,858 •f 410 - 3,414 31,331 Gold stock 11,051 0 - 3 11,051 Special drawing rights certificate account 10,168 0 + 2,150 10,168 Treasury currency outstanding 24,404 _+ 14 + 962 24,404 Total factors supplying reserve funds 468,496 5,543 8,474 478,959 Currency in circulation* 423,139 - 91 + 14,701 423,751 Treasury cash holdings* 286 - 3 - 27 279 Deposits., other than reserve balances, with F.R. Banks i Treasury 6,022 • 326 - 5,219 6,142 Foreign 173 - 6 - 46 167 Service-related balances and adjustments3 6,123 - 5 • 1,702 6,123 Other 336 • 6 + 40 326 Other F.R. liabilities and capital 1 13,304 • 216 i • 231 13,141 Total factors, other than reserve balances, f absorbing reserve funds 449,382 4- 443 • 11,383 449,929 Reserve balances with F.R. Banks* 19,113 1 • 5,100 - 2,909 29,029 On June 19, 1996, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Sanks for foreign official and international accounts was $ 553.403 million, a change of - S 8,198 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of S 12 539 million, da^y average: matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 12,539 million was with foreign officiai and international accounts Includes securities loaned--fully secured by U.S. government securities. 2 Net of S 12 534 million matched saie-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 12,634 million was with foreign official and international accounts. Includes 5 121 million securities loaned-fully secured US. government securities. 3 Consists of required clearing balances of S 5,916 million and adjustments of $ 208 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasur/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 19, 1996 Jun 12, 1996 Jun 21, 1995 ASSETS Gold certificate account 11,051 0 3 Special drawing rights certificate account 10,168 0 2,150 Coin 542 4 162 Loans 3,851 3,679 3,649 Acceptances 0 0 0 Federal agency obligations Bought outright 2,388 0 716 Held under repurchase agreements1 195 100 108 U.S. government securities Bought outright--Bills 186,216 99 4,955 Notes 150,102 0 3,104 Bonds 46,443 0 2,764 Total bought outright2 382,761 99 10,824 Held under repurchase agreements1 12,711 10,551 3,203 Total U.S. government securities 395,472 10,452 7,621 Total loans and securities 401,906 14,231 10,661 Items in process of collection (451) 6,384 287 1,111 Bank premises 1,182 1 84 Other assets3 30,107 752 3,379 TOTAL ASSETS (451) 461,339 15,274 10,787 LIABILITIES Federal Reserve notes 400,168 431 • 14,165 Deposits Depository institutions 35,456 14,848 • 2,932 U.S. Treasury--general account 6,142 580 7,494 Foreign--official accounts 167 1 139 Other 326 10 • 46 Total deposits 42 ,091 • is,419 4,654 Deferred availability cash items (451) 5 ,940 • 239 • 1,054 Other liabilities and accrued dividends* 4 ,415 't 25 - 409 TOTAL LIABILITIES (451) 452,614 15,251 • 10,156 CAPITAL ACCOUNTS Capital paid in 4,147 9 330 Surplus 3,966 0 283 Other capital accounts 611 14 17 * 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 0 million was outstanding at the end of the latest statement week. 2 Net of $ 12.634 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 121 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 $ 139 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 19, 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 L. , .- 1 Weekly Holdings Holdings j changes changes Within 15 days 3,832 0 WWiitthhiinn 1155 ddaayyss 2211,,886677 • 7,318 465 * 370 16 days to 90 days 19 0 1166 ddaayyss ttoo 9900 ddaayyss 9933,,114444 • 3,283 530 270 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111177,,110066 150 612 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 9911,,669944 0 485 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 3322,,994411 0 467 0 OOvveerr 1100 yyeeaarrss 3388,,772211 0 25 0 Total 3,851 0 TToottaall 339955,,447722 • 10,452 2,583 • 100 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 19, 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 11,051 661 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 542 24 24 32 25 89 71 51 32 24 51 39 80 Loans 3,851 i 283 1,758 1111 112255 333333 111100003333 22226666 44440000 87 23 11112222 1,060 Acceptances 0 0 0 0000 00 00 0000 0000 0000 0 0 0000 0 Federal agency obligations Bought outright 2,388 141 888 99992222 114400 119988 111155559999 222255559999 111111112222 36 75 88886666 202 Held under repurchase agreements1 195 0 195 0000 00 00 0000 0000 0000 0 0 0000 0 U.S. government securities Bought outright--Bills 186,216 10,957 69,253 7777,,,,222200007777 1100,,994455 1155,,444422 11112222,,,,444422227777 22220000,,,,111188881111 8888,,,,777722223333 2,808 5,833 6666,,,,666666668888 IS,772 Notes 150,102 8,832 55,822 5555,,,,888800009999 88,,882222 1122,,444477 11110000,,,,000011117777 11116666,,,,222266667777 7777,,,,000033332222 2,264 4,702 5555,,,,333377775555 12,713 Bonds 46,443 2,733 17,272 1111,,,,777799997777 22,,773300 33,,885511 3333,,,,00009999^^^^ 5555,,,,000033333333 2222,,,,111177776666 700 1,455 1111,,,,666666663333 3,934 Total bought outright2 382,761 22,521 111444222,,,333444777 11114444,,,,888811114444"""" 2222,,44**9977 3311,,774400"" 22225555,,,,555544444444 4444""""llll,,,,44448888ffff 11117777,,,,999933331111"""" 555,,,777777333 111111,,,999888999 11113333,,,,777700006666 32,419 Held under repurchase agreements 1 12,711 0 111222,,,777111111 0000 00 00 0000 0000 0000 000 000 0000 0 Total U.S. govt, securities 395,472 2222,,552211 111555555,,,000666888 11114444jjjj,,,,8888llllVVVV 2222,,449977 3311,,774400 22225555^^^^555544444444 4444****1111,,,,444488881111 11117777,,,,999933331111"""" 555,,,777777333 111111,,,999888999 11113333,,,,777700006666 32,419 Total loans and securities 401,906 2222,,994444 111555777,,,888999999 11114444,,,,999900008888 22 22 77//66 22 3322,,227711"" 22226666,,,,888800006666 44441111,,,,777766665555"""" 11118888,,,,000088883333"""" 555,,,888999666 111222,,,000888777 11113333,,,,888800003333 33,681 Items in process of collection 6,835 437 11,,009900 227788 229966 771122 771122 558877 228811 445599 444477 342 1,195 Bank premises 94 114466 4488 8888 112277 8811 111111 3311 8844 5566 157 159 Other assets3 30,10/ 1,361 99,,779933 11,,228877 11,,880088 22,,335544 22,,553388 33,,441155 889922 663355 11,,003355 1,553 3,437 Interdistrict settlement account 0 • 144 --2200,,664488 --11,,445522 ••55,,224411 ••88,,002244 ••11,,772200 --11,,003377 --22,,445522 **441188 --11,,118811 •394 •10,829 TOTAL ASSETS 461,790 26,176 115566,,226688 1155,,993377 3311,,442288 4455,,228866 3322,,222200 4477,,1111**22 1177,,882299"" 77,,886644 1133,,115588 17,098 51,425 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 Het of $ 12,634 million matched sale-purchase transactions outstanding al the end of the latest statement week Includes $ 121 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated m foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 139 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 JUNE 19, 1996 Millions of dollars Total Boston Philadelphia Cleveland Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 400,168 23,837 132,612 13,974 27,974 41,163 28,118 41,719 15,890 6,083 11,224 13,717 43,855 Deposits Depository institutions 35,456 1,199 12,505 1,144 !,326 2,520 2,177 3,129 1,289 973 994 2,391 4,810 U.S. Treasury--general account 6,142 0 6,142 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 167 6 62 7 9 11 14 17 4 4 5 9 20 Other 32b 1 1 08_ 1 6b 140 0 1 2 1 2 Total deposits 42,090 1,20b 18,816 1,152 2,338 2,596 2,192 3,28b 1,293 977 1,001 2,401 4,832 Deferred credit items 6,391 535 883 227 317 556 723 568 208 495 402 29U 1,188 Other liabilities and accrued dividendsJ 4,415_ 251 1,565 188 251 353 312 464 204 101 168 173 386 TOTAL LIABILITIES 453/065 25,829 153,877 15,541 30,880 44,669 31,345 46,037 17,594 7,656 12,796 16,581 50,260 CAPITAL ACCOUNTS Capital paid in 4,147 161 1,102 190 268 292 425 510 107 101 175 251 565 Surplus 3,966 171 1,057 190 259 292 389 473 98 99 152 246 542 Other capital accounts 611 15 lb 21 33 61 92 30 8 35 20 59 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 461,790 26,176 156,258 15,937 31,428 45,286 32,220 47,112 17,829 7,864 13,158 17,098 51,425 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 518,280 28,880 188,286 17,546 30,891 47,789 35,015 49,474 18,476 7,066 12,840 21,057 60,960 Less--Held by F.R. Banks _118^1JL2_ _5 x 04j5 55,673_ 3,572 2,917 6^897_ 7,754 2,586 982 1,616 7,340 17,105 F.R. notes, net 400,168 23,837 132,612 13,974 27,974 41,163 "28,118 41,719 15,890 6,083 11,224 13,717 43,855 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 _378,949 Total collateral 400,168" 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