H.4.1 Factors Affecting Reserve Balances of Depository Institutions

j&sa& FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when ••f«4» 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 January 16, 1992 Millions of dollars Averac >es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change froiri week ended Nednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 15, 1992 Jan 8, 1992 Jan 16, 1991 Jan 15, 1992 Reserve Bank credit1 2 307,126 - 4,921 • 23,503 306,607 U.S. government securities Bought outright—system account 265,888 - 848 • 30,674 264,909 Held under repurchase agreements 0 - 3,335 - 405 0 Federal agency obligations Bought outright 6,015 - 29 - 326 6,011 Held under repurchase agreements 0 - 33 - 126 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 47 - 809 - 318 174 Seasonal credit 10 - 6 - 13 10 Extended credit 0 0 - 26 0 Float 985 • 37 - 615 1,522 Other F.R. assets 34,180 + 102 - 5,342 33,981 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,066 • 14 • 639 21,066 Total factors supplying reserve funds 349,268 - 4,907 _ 24,142 348,749 Currency in circulation* 303,906 - 2,906 • 19,320 303,027 Treasury cash holdings* 635 + 3 • 68 635 Deposits, other than reserve balances, with F.R. Banks Treasury 5,455 - 692 • 135 5,002 Foreign 389 - 64 • 147 406 Service-related balances and adjustments3 4,205 + 78 - 146 4,204 Other 238 • 55 • 42 207 Other F.R. liabilities and capital 8,592 • 315 + 214 8,248 Total factors, other than reserve balances, absorbing reserve funds 323,420 - 3,212 + 19,780 321,729 Reserve balances with F.R. Banks* 25,848 - 1,695 • 4,362 27,020 On January 15, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 258,898 million, a change of + $ 1,550 million for the week. 1 Net of $ 6,645 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,216 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,453 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,953 million was with foreign official and international accounts. Includes $ 13 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,975 million and adjustments of $ 230 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasun/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 Jan 15, 1992 Jan 8, 1992 Jan 16, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 548 • 25 - 6 - Loans 184 5 J( 289 •f 75 Acceptances 0 0 0 Federal agency obligations Bought outright 6,011 - 54 - 551 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 151,058 •- 1,280 • 17,757 Notes 101,520 0 • 10,115 Bonds 52,551 0 • 1,168 Total bought outright2 264,909 - 1,280 29,058 Held under repurchase agreements1 0 0 •#• 0 Total U.S. government securities 264,909 - 1,280 • 29,058 Total loans and securities 271,104 - 6,602 • 28,780 ~ _ Items in process of collection (495) 6,479 52 2,752 Bank premises 989 0 • 115 Other assets3 55,052 • 69 - 5,421 TOTAL ASSETS (495) 555,227 - 6,560 •f 20,714 LIABILITIES Federal Reserve notes 285,144 - 2,609 + 18,547 Deposits Depository institutions 51,120 - 2,520 • 2,950 U.S. Treasury—general account 5,002 - 1,260 - 97 Foreign—official accounts 406 • 182 • 195 Other 207 ++ 6644 12 Total deposits 56,755 55,,555555 5,059 Deferred availability cash items (495) 5,101 - 257 - 750 Other liabilities and accrued dividends4 2,556 - 95 - 589 TOTAL LIABILITIES (495) 527,555 - 6,476 • 20,267 CAPITAL ACCOUNTS Capital paid in 2,661 • 9 + 222 Surplus 2,652 0 • 228 Other capital accounts 580 - 95 - 4 * 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 $ 7,453 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 13 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 $ 37 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, JANUARY 15, 1992 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 Heekly Heekly Holdings Holdings changes changes Hithin 15 days 181 0 HHiitthhiinn 1155 ddaayyss 10,551 1,486 110011 • 41 16 days to 90 days 5 0 1166 ddaayyss ttoo 9900 ddaayyss 65,149 + 2,586 995511 46 OVer 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 85,769 2,511 11,,228844 20 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 64,104 196 22,,668855 • 175 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 14,796 • 527 885588 150 OOvveerr 1100 yyeeaarrss 24,540 0 115544 54 Total 184 0 TToottaall 264,909 1,280 66,,001111 54 Components may not add to totals c*ue 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 JANUARY 15, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,058 747 3,913 318 692 948 479 1,370 328 171 370 515 1,207 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 548 35 16 43 32 105 52 56 29 14 33 42 93 Loans 184 3 1 11 0 4 2 4 6 0 152 0 2 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,011 407 2,369 159 376 475 201 755 159 78 167 236 629 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 131,058 8,873 51,650 3,463 8,200 10,367 4,383 16,468 3,471 1,694 3,633 5,142 13,714 Notes 101,520 6,873 40,009 2,682 6,352 8,030 3,395 12,757 2,689 1,312 2,814 3,983 10,623 Bonds 32,331 2,189 12,742 854 2,023 2,557 1,081 4,063 856 418 896 1,269 3,383 Total bought outright2 264,909 17,934 104,401 7,000 16,575 20,954 8,860 33,288 7,016 3,425 7,343 10,394 27,720 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 264,909 17,934 104,401 7,000 16,575 20,954 8,860 33,288 7,016 3,425 7,343 10,394 27,720 Total loans and securities 271,104 18,344 106,771 7,169 16,952 21,434" 9,063 34,047 7,181 3,502 7,661 10,630 28,351 Items in process of collection 6,972 437 780 616 264 559 705 866 223 393 416 509 1,204 Bank premises 989 89 129 44 34 123 57 112 29 32 53 141 147 Other assets3 33,032 1,438 9,750 1,464 1,742 2,146 3,018 4,082 882 864 1,209 2,315 4,119 Interdistrict settlement account 0 -1,721 -8,441 •2,798 •1,505 -246 • 910 -700 -1,527 •3,176 -628 •1,490 •3,384 TOTAL ASSETS 333,721 20,080 116,312 12,772 21,866 26,030 14,587 41,168 7,453 8,324 9,448 16,104 39,576 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 $ 7,453 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 13 million securities loaned-fuliy 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 $ 37 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 JANUARY 15, 1992 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond 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 283,144 17,976 101,087 10,495 19,903 22,634 9,721 36,469 6,187 6,640 7,521 13,226 31,284 Deposits Depository institutions 31,120 1,380 6,231 1,651 1,298 2,367 3,634 3,160 902 1,126 1,272 1,854 6,245 U.S. Treasury--general account 5,002 0 5,002 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 406 6 297 7 8 9 15 19 4 4 6 11 20 Other 207 1 103 3 1 45 3 39 Q 5 2 3 2 Total deposits 36,735 1,388 11,633 1,661 1,307 2,420 3,653 3,218 907" 1,134 1,280 1,869 6,266 Deferred credit items 5,594 347 691 332 175 430 633 510 160 373 374 481 1,089 Other liabilities and accrued dividends1 2,556 149 1,203 62 135 176 79 281 59 29 65 91 226 TOTAL LIABILITIES 328,029 19,860 114,614 12,550 21,520 25,660 14,085 40,478 7,312 8,177 9,239 15,667 38,865 CAPITAL ACCOUNTS Capital paid in 2,661 98 772 105 161 171 245 321 66 73 99 212 338 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 380 24 155 11 23 28 15 48 9_ 5_ 10 14^ 37 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 333,721 20,080 116,312 12,772 21,866 26,030 14,587 41,168 7,453 8,324 9,448 16,104 39,576 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 364,580 23,099 127,622 12,931 23,320 31,254 16,409 41,548 9,085 8,082 10,077 17,593 43,560 Less--Held by F.R. Banks 81,437 5,122 26,536 2,435 3,417 8,620 6,688 5,079 2,898 1,442 2,556 4,367 12,276 F.R. notes, net 283,144 17,976 101,087 10,495 19,903 22,634 9,721 36,469 6,187 6,640 7,521 13,226 31,284 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 262,067 Total collateral 283,144 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not ac*d to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis