H.4.1 Factors Affecting Reserve Balances of Depository Institutions

%m&m£ £•> FEDERAL RESERVE '^mstM\i ^m^L 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. Ai. Rt-' H.41 Factors Affecting Reserve Balances of Depository institutions and Condition Statement of F.R. Banks July 16, 1992 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change fron week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul IS, 1992 "—juT 8, 1992 Jul 17, 1991 Jul 15, 1992 Reserve Bank credit1 2 312,824 - 1,516 4 18,799 314,416 U.S. government securities Bought outright—system account 275,054 • 2,014 • 26,016 276,422 Held under repurchase agreements 0 - 2,358 - 2,623 0 Federal agency obligations Bought outright 5,701 - 9 - 512 5,690 Held under repurchase agreements 0 - 4 - 190 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 - 288 - 121 12 Seasonal credit 190 + 7 - 110 198 Extended credit 0 0 „_ 3 0 Float 435 - 1,086 • 29 773 Other F.R. assets 31,422 4 208 - 3,686 31,321 Gold stock 11,060 0 - 3 11,060 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,294 • 14 • 527 21,294 Total factors supplying reserve funds 355,196 - 1,502 _ 19,323 356,788 Currency in circulation* 314,473 4 1,174 + 20,162 314,466 Treasury cash holdings* 602 - 4 - 18 586 Deposits? other than reserve balances, with F.R. Banks Treasury 5,245 - 888 - 1,401 4,708 Foreign 209 - 44 - 21 207 Service-related balances and adjustments3 5,361 - 42 • 2,216 5,360 Other 236 • 8 - 51 244 Other F.R. liabilities and capital 8,289 - 929 4 377 8,059 Total factors, other than reserve balances, absorbing reserve funds 334,415 - 725 4 21,265 333,631 Reserve balances with F.R. Banks* 20,780 - 777 - 1,941 23,157 On July 15, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accoufits were $ 284,624 million, a change of + $ 4,477 million for the week. 1 Net of $ 5,527 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,527 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 4,159 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,159 million was with foreign official and international accounts. Includes $ 248 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,236 million and adjustments of $ 124 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 Jul 15, 1992 Jul 8, 1992 Jul 17, 1991 ASSETS Gold certificate account 11,060 0 - 3 Special drawing rights certificate account 10,018 0 0 Coin 470 - 1 - 65 Loans 210 - 1,671 - 141 Acceptances 0 0 0 Federal agency obligations Bought outright 5,690 - 20 - 524 Held under repurchase agreements1 0 - 31 - 150 U.S. government securities Bought outright—Bills 136,386 • 3,958 • 14,833 Notes 106,974 0 • 9,768 Bonds 33,059 0 • 1,596 Total bought outright2 276,422 • 3,958 • 26,196 Held under repurchase agreements1 0 - 6,950 - 682 Total U.S. government securities 276,422 - 2,992 ••• 25,514 Total loans and securities 282,322 - 4/714 • 24,700 Items in process of collection (569) 6,246 • 1,054 • 657 Bank premises 1,029 • 1 • 91 Other assets3 3300,,336600 227766 - 3,642 TOTAL ASSETS ((556699)) 334411,,550044 -- 33,,""993366 4 21,737 LIABILITIES Federal Reserve notes 294,228 • 65 • 20,181 Deposits Depository institutions 28,631 - 1,653 • 3,097 U.S. Treasury—general account 4,708 - 2,689 - 2,403 Foreign—official accounts 207 • 5 - 12 Other 244 •• 2266 •• 13 Total deposits 33,790 44,,331111 695 Deferred availability cash items (569) 5,426 • 352 436 «•• Other liabilities and accrued dividends* 11,,994411 - 79 __ 291 TOTAL LIABILITIES ((556699)) 333355,,338866 - 3,973 21,021 CAPITAL ACCOUNTS Capital paid in 2,885 • 9 • 336 Surplus 2,652 0 • 287 Other capital accounts 582 • 28 • 93 * Figures in parentheses are the eliminations made m 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 $ 1,771 million was outstanding at the end of the latest statement week. 2 Net of S 4,159 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 248 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 $ 35 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, JULY 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 Meekly Weekly Holdings Holdings changes changes Nithin 15 days 65 0 HHiitthhiinn 1155 ddaayyss 13,254 1,740 80 23 16 days to 90 days 145 0 1166 ddaayyss ttoo 9900 ddaayyss 65,272 1,347 851 13 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 90,141 • 202 1,316 • 13 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 66,273 + 173 2,532 215 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,932 280 757 • Z OOvveerr 1100 yyeeaarrss 25,549 0 154 0 Total 210 0 TToottaall 276,422 2,992 5,690 51 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 JULY 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 11,060 705 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 470 25 12 45 27 83 50 38 27 17 22 33 92 Loans 210 0 0 5 0 8 12 14 40 93 15 9 13 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 C Federal agency obligations Bought outright 5,690 363 2,214 173 358 445 194 705 139 89 154 209 648 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities • Bought outright—Bi^ls 136,388 8,711 53,060 4,151 8,585 10,665 4,643 16,892 3,337 2,126 3,690 5,003 15,526 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 276,422 17,656 107,537 8,414 17,399 21,615 9,410 34,235 6,763 4,308 7,478 10,141 31,467 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 276,422 17,656 107,537 8,414 17,399 21,615 9,410 34,235 6,763 4,308 7,478 10,141 31,467 Total loans and securities 282,322 18,019 109,751 8,592 17,757 22,067 9,616 34,953 6,943 4,490 7,647 10,359 32,127 Items in process of collection 6,815 410 1,014 547 262 555 643 587 271 358 388 603 1,177 Bank premises 1,029 89 142 44 35 124 57 112 29 32 52 165 147 Other assets3 30,360 1,232 9,404 1,148 1,832 2,089 2,497 3,664 741 746 1,125 2,182 3,699 Interdistrict settlement account 0 -1,439 -11,588 +2,860 •1,755 -727 +1,848 -1,157 +1,914 +2,178 +2,233 +2,422 -298 TOTAL ASSETS 342,073 19,753 116,175 13,901 22,970 26,093 15,516 40,804 10,535 8,188 12,131 16,690 39,316 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 $ 1,771 million was outstanding at the end of the latest statement week. 2 Net of $ 4,159 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 248 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 $ 35 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 JULY 15, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve note* 294,228 17,978 101,748 11,431 20,976 22,665 11,275 36,168 9,346 6,861 10,523 13,842 31,416 Deposits Depository institutions 28,631 1,098 6,271 1,610 1,298 2,302 2,954 3,071 827 766 987 1,733 5,715 U.S. Treasury—general account 4,708 0 4,708 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 207 5 109 6 8 9 13 17 3 4 5 11 18 Other 244 0 125 1 2 67 1 38 0 4 3 1 2 Total deposits 33,790 1,103 11,212 1,616 1,308 2,378 2,968 3,126 831 773 995 1,746 5,735 Deferred credit items 5,995 331 717 550 208 468 617 560 164 361 338 561 1,120 Other liabilities and accrued dividends1 1^941 124 733 62 ' 119 154 72 246 47 31 56 78 219 TOTAL LIABILITIES 335,955 19,536 114,411 13,659 22,611 25,665 14,931 40,100 10,388 8,026 11,913 16,226 38,490 CAPITAL ACCOUNTS Capital paid in 2,885 98 811 115 169 202 286 335 70 78 104 225 393 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 582 21^ 182 22^ 29 56^ 57 49^ 12^ 14^ 14_ 28^ 98 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 342,073 19,753 116,175 13,901 22,970 26,093 15,516 40,804 10,535 8,188 12,131 16,690 39,316 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,896 22,482 122,980 13,320 23,105 28,912 16,153 39,647 11,454 7,933 12,158 16,747 47,004 Less—Held by F.R. Banks 67,668 | 4,504 21,232 1,889 2,130 6,248 4,879 3,479 2,108 1,071 1,635 2,905 15,589 F.R. notes, net 294,228 17,978 101,748 11,431 20,976 22,665 11,275 36,168 9,346 6,861 10,523 13,842 31,416 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 273,151 Total collateral 294,228 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