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 i£$&' i> 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 25, 1992 Millions of dollars Averac es o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 24, 1992 Jun 17, 1992 Jun 26, 1991 Jun 24, 1992 Reserve Bank credit1 2 312,594 + 2,646 + 21,398 315,895 U.S. government securities Bought outright—system account 274,553 + 451 + 28,396 276,743 Held under repurchase agreements 1,666 + 1,666 + 471 2,453 Federal agency obligations Bought outright 5,719 0 - 494 5,719 Held under repurchase agreements 26 + 26 - 123 61 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 56 + 35 - 28 58 Seasonal credit 168 + 37 - 103 179 Extended credit 0 0 - 9 0 Float 468 + 85 + 369 542 Other F.R. assets 29,938 + 346 - 7,081 30,141 Gold stock 11,059 + 2 - 3 11,060 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,252 + 14 + 514 21,252 Total factors supplying reserve funds 354,923 +~ 2,662 + 21,909 358,225 Currency in circulation* 310,125 - 327 + 19,558 309,991 Treasury cash holdings* 619 - 8 - 2 612 Deposits, other than reserve balances, with F.R. Banks Treasury 8,136 + 1,479 + 2,391 7,649 Foreign 200 - 28 - 16 213 Service-related balances and adjustments3 5,312 + 12 + 2,137 5,312 Other 230 - 35 + 7 218 Other F.R. liabilities and capital 8,209 - 17 + 19 8,034 Total factors, other than reserve balances, absorbing reserve funds 332,831 + 1,075 + 24,094 332,030 Reserve balances with F.R. Banks* 22,092 + 1,587 - 2,184 26,195 On June 24, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 279,902 million, a change of + $ 1,137 million for the week. 1 Net of $ 6,028 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,028 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,838 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,838 million was with foreign official and international accounts. Includes $ 330 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,173 million and adjustments of $ 140 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 Nednesday Wednesday Wednesday Jun 24, 1992 Jun 17, 1992 Jun 26, 1991 ASSETS Gold certificate account 11,060 0 3 Special drawing rights certificate account 10,018 0 0 Coin 495 3 85 Loans 237 7 114 Acceptances 0 0 0 Federal agency obligations Bought outright 5,719 0 494 Held under repurchase agreements1 61 61 688 U.S. government securities Bought outright—Bills 136,710 2,557 18,301 Notes 106,974 0 10,268 Bonds 33,059 0 1,596 Total bought outright2 276,743 2,557 30,165 Held under repurchase agreements1 2,453 2,453 2,158 Total U.S. government securities 279,196 5,010 28,007 Total loans and securities 285,213 5,077 26,711 Items in process of collection (515) 5,447 40 575 Bank premises 1,026 0 95 Other assets3 29,164 490 7,240 TOTAL ASSETS (515) 342,422 5,524 20,054 LIABILITIES Federal Reserve notes 289,847 510 18,450 Deposits Depository institutions 31,862 9,154 552 U.S. Treasury—general account 7,649 2,209 2,230 Foreign—official accounts 213 234 20 Other 218 45 44 Total deposits 39 • 942 6,666 + 1,614 Deferred availability cash items (515) 4 ,600 642 + 63 Other liabilities and accrued dividends4 2 ,030 20 - 604 TOTAL LIABILITIES (515) 336,419 5,494 19,523 CAPITAL ACCOUNTS Capital paid in 2,818 8 271 Surplus 2,652 0 228 Other capital accounts 534 21 31 * 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 $ 2,685 million was outstanding at the end of the latest statement week. 2 Net of $ 3,838 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 330 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 $ 66 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 24, 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. gove rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Wstekly Holdings Holdings changes changes Within 15 days 217 0 HHiitthhiinn 1155 ddaayyss 15,709 + 2,498 228800 + 61 16 days "to 90 days 20 0 1166 ddaayyss ttoo 9900 ddaayyss 63,685 + 97 668877 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 89,192 35 11,,332255 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 66,399 0 22,,557799 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 16,212 0 775555 0 OOvveerr 1100 yyeeaarrss 25,549 0 115544 0 Total 237 0 TToottaall 276,746 + 2,559 55,,778800 + 61 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 24, 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 11,060 705 4,046 347 658 941 503 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 495 31 17 50 23 93 50 37 28 18 26 34 90 Loans 237 2 2 6 0 8 10 11 52 76 26 18 27 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 61 0 61 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 136,710 8,732 53,185 4,161 8,605 10,690 4,654 16,932 3,345 2,131 3,698 5,015 15,562 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 276,743 17,676 107,662 8,423 17,419 21,640 9,421 34,275 6,771 4,313 7,486 10,153 31,503 Held under repurchase agreements1 2,453 0 2,453 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 279,196 17,676 110,115 8,423 17,419 21,640 9,421 34,275 6,771 4,313 7,486 10,153 31,503 Total loans and securities 285,213 18,043 112,403 8,604 17,779 22,096 9,626 34,994 6,963 4,478 7,667 10,380 32,182 Items in process of collection 5,961 289 703 351 563 433 607 500 168 332 358 596 1,061 Bank premises 1,026 89 141 44 35 124 57 112 29 32 53 164 147 Other assets3 29,164 1,178 9,208 1,096 1,741 2,001 2,368 3,522 708 708 1,021 2,075 3,538 Interdistrict settlement account 0 -1,385 -11,523 +2,688 +1,706 -1,143 +2,510 -2,353 +1,725 +2,125 +1,947 +2,445 +1,258 TOTAL ASSETS 342,937 19,662 118,388 13,498 23,150 25,505 16,023 39,419 10,231 8,060 11,735 16,619 40,646 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 $ 2,685 million was outstanding at the end of the latest statement week. 2 Net of $ 3,838 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 330 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 $ 66 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 24, 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 289,847 17,713 99,554 11,141 20,781 22,104 11,848 35,196 8,978 6,835 10,046 13,791 31,858 Deposits Depository institutions 31,862 1,300 7,779 1,695 1,690 2,419 2,968 2,731 896 698 1,087 1,814 6,784 U.S. Treasury—general account 7,649 0 7,649 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 213 5 115 6 8 9 13 17 3 4 5 11 18 Other 218 2 114 1 2 23 1 67 0 4 1 1 2 Total deposits 39,942 1,307 15,658 1,701 1,700 2,451 2,982 2,815 900 706 1,094 1,827 6,803 Deferred credit items 5,114 296 644 349 185 385 562 460 156 322 319 451 985 Other liabilities and accrued dividends1 2,030 127 763 66 124 160 81 253 49 34 58 85 231 TOTAL LIABILITIES 336,933 19,443 116,618 13,257 22,790 25,100 15,473 38,723 10,084 7,897 11,518 16,153 39,877 CAPITAL ACCOUNTS Capital paid in 2,818 98 811 114 168 187 268 326 69 78 104 225 368 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 534 22 187 21 31 48 40 50 13 15 14 29 65 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 342,937 19,662 118,388 13,498 23,150 25,505 16,023 39,419 10,231 8,060 11,735 16,619 40,646 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 362,503 22,534 123,520 13,290 22,991 28,995 17,084 38,919 11,276 7,958 11,877 16,898 47,162 Less—Held by F.R. Banks 72,657 4,821 23,965 2,149 2,210 6,891 5,237 3,723 2,298 1,123 1,831 3,107 15,304 F.R. notes, net 289,847 17,713 99,554 11,141 20,781 22,104 11,848 35,196 8,978 6,835 10,046 13,791 31,858 Collateral held against F.R. notes Gold certificate account 11,060 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 268,769 Total collateral 289,847 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