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 c-^ 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 11, 1992 Millions of dollars Averages of daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 10, 1992 Jun 3, 1992 Jun 12, 1991 Jun 10, 1992 Reserve Bank credit1 2 309,928 + 1,193 + 18,760 311,659 U.S. government securities Bought outright~~system account 274,504 + 3,441 + 26,766 275,877 Held under repurchase agreements 0 - 2,033 0 0 Federal agency obligations Bought outright 5,719 - 18 - 494 5,719 Held under repurchase agreements 0 - 114 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11 - 32 - 156 10 Seasonal credit 122 - 5 - 57 121 Extended credit 0 0 - 3 0 Float 170 - 336 - 116 477 Other F.R, assets 29,402 + 289 - 7,181 29,455 Gold stock 11,057 0 - 1 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,278 + 14 + 568 21,278 Total factors supplying reserve funds 352,281 _ 1,207 _ 19,327 354,012 Currency in circulation* 310,270 + 340 + 19,276 310,568 Treasury cash holdings* 675 - 8 + 47 628 Deposits, other than reserve balances, with F.R. Banks Treasury 4,916 - 623 - 242 4,480 Foreign 216 - 11 - 27 218 Service-related balances and adjustments3 5,212 - 38 + 2,088 5,212 Other 282 + 31 + 90 315 Other F.R. liabilities and capital 8,450 - 250 - 284 8,099 Total factors, other than reserve balances, absorbing reserve funds 330,021 - 559 + 20,949 329,520 Reserve balances with F.R. Banks* 22,261 + 1,766 - 1,622 24,492 On June 10, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 276,678 million, a change of - $ 941 million for the week. 1 Net of $ 6,077 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,077 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,704 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,704 million was with foreign official and international accounts. Includes $ 30 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,155 million and adjustments of $ 57 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 Jun 10, 1992 Jun 3, 1992 Jun 12, 1991 ASSETS Gold certificate account 11,057 o - 4 Special drawing rights certificate account 10,018 0 0 Coin 498 + 9 - 84 - - Loans 131 8 373 Acceptances 0 0 0 Federal agency obligations Bought outright 5,719 0 - 494 Held under repurchase agreements1 0 - 215 0 U.S. government securities Bought outright—Bills 135,843 - 766 + 15,389 Notes 106,974 + 2,814 + 10,268 Bonds 33,059 • 716 • 1,£!96 Total bought outright2 275,877 + 2,765 + 27,253 Held under repurchase agreements1 0 - 1,712 0 Total U.S. government securities 275,877 + 1,052 • 27,253 Total loans and securities 281,727 + 830 + 26,386 Items in process of collection (587) 4,957 - 1,236 - 590 Bank premises 1,023 0 • 95 Other assets3 28,438 + 385 - 7,363 TOTAL ASSETS (587) 337,718 - 12 + 18,441 LIABILITIES Federal Reserve notes 290,415 + 409 + 18,778 Deposits Depository institutions 29,533 + 1,580 - 254 U.S. Treasury—general account 4,480 - 1,218 - 58 Foreign--official accounts 218 + 16 - 8 Other 315 + 69 + 124 Total deposits 34,546 + 447 - 156 Deferred availability cash items (587) 4,658 - 745 - 147 Other liabilities and accrued dividends4 2,113 + 73 - 566 TOTAL LIABILITIES (587) 331,732 + 184 • 17,91)9 CAPITAL ACCOUNTS Capital paid in 2,818 • 7 + 271 Surplus 2,652 0 + 258 Other capital accounts 516 - 203 + 2 * 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 $ 2,053 million was outstanding at the end of the latest statement week. 2 Net of $ 4,704 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 75 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 10, 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 56 0 WWiitthhiinn 1155 ddaayyss 99,,220044 6,555 9 246 16 days to 90 days 75 0 1166 ddaayyss ttoo 9900 ddaayyss 6699,,110066 + 821 817 9 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8899,,440077 + 3,541 1,405 + 25 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6666,,339999 + 1,993 2,579 • 2 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1166,,221122 + 597 755 + 13 OOvveerr 1100 yyeeaarrss 2255,,554499 + 655 154 0 Total 131 0 TToottaall 227755,,887777 + 1,052 5,719 215 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 10, 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 11,057 705 4,043 347 658 941 503 1,270 304 195 329 463 1,299 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 498 32 15 51 24 89 49 39 28 18 26 35 92 Loans 131 2 0 6 0 8 6 4 24 51 12 10 8 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,719 365 2,225 174 360 447 195 708 140 89 155 210 651 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 135,843 8,677 52,848 4,135 8,550 10,622 4,625 16,824 3,324 2,117 3,675 4,984 15,464 Notes 106,974 6,833 41,617 3,256 6,733 8,365 3,642 13,249 2,617 1,667 2,894 3,924 12,177 Bonds 33,059 2,112 12,861 1,006 2,081 2,585 1,125 4,094 809 515 894 1,213 3,763 Total bought outright2 275,877 17,621 107,325 8,397 17,364 21,572 9,392 34,167 6,750 4,299 7,463 10,121 31,405 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 275,877 17,621 107,325 8,397 17,364 21,572 9,392 34,167 6,750 4,299 7,463 10,121 31,405 Total loans and securities 281,727 17,988 109,550 8,577 17,724 22,028 9,592 34,879 6,914 4,440 7,629 10,341 32,064 Items in process of collection 5,545 295 657 412 254 415 603 499 172 351 365 432 1,090 Bank premises 1,023 89 140 44 35 124 57 112 29 32 53 161 147 Other assets3 28,438 1,152 8,797 1,076 1,710 1,963 2,348 3,467 698 700 1,007 2,053 3,468 Interdistrict settlement account 0 -1,103 -10,356 +1,872 +1,838 -923 +2,217 -1,709 +2,000 +2,304 +1,846 +2,632 -618 TOTAL ASSETS 338,305 19,869 116,241 12,698 22,887 25,599 15,672 39,893 10,451 8,212 11,589 16,580 38,613 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 $ 2,053 million was outstanding at the end of the latest statement week. 2 Net of $ 4.704 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 75 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 10, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 290,415 17,796 101,279 10,752 20,695 22,127 11,467 35,443 9,022 6,839 9,848 13,289 31,859 Deposits Depository institutions 29,533 1,421 6,982 1,279 1,507 2,440 2,970 2,931 1,080 829 1,144 2,276 4,673 U.S. Treasury—general account 4,480 0 4,480 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 218 5 119 6 8 9 13 17 3 4 5 11 18 Other 315 1 166 2 0 59 1 11 0 4 2 1 3 Total deposits 34,546 1,427 11,747" 1,286 1,516 2,508 2,984 3,024 1,083 837 1,152 2,288 4,693 Deferred credit items 5,245 295 639 353 189 402 590 465 150 339 312 450 1,061 Other liabilities and accrued dividends1 2,113 134 788 69 131 166 83 265 52 35 61 88 242 TOTAL LIABILITIES 332,319 19,652 114,453 12,460~ 22,531 25,203 15,124 39,197 10,306 8,050 11,373 16,116 37,855 CAPITAL ACCOUNTS Capital paid in 2,818 98 823 114 168 187 268 326 68 IS 103 225 359 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 516 21 194 19 27 38 38 49 11 14 14 28 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 338,305 19,869 116,241 12,698 22,887 25,599 15,672 39,893 10,451 8,212 11,589 16,580 38,613 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,560 22,706 125,118 12,903 22,914 29,105 16,633 38,960 11,231 7,886 11,628 16,366 46,110 Less—Held by F.R. Banks 71,146 4,910 23,839 2,151 2,219 6,978 5,166 3,517 2,210 1,047 1,780 3,077 14,251 F.R. notes, net 290,415 17,796 101,279 10,752 20,695 22,127 11,467 35,443 9,022 6,839 9,848 13,289 31,859 Collateral held against F.R. notes Gold certificate account 11,057 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 269,340 Total collateral 290,415 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