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 the information is available, oh (202) 452-3206. •f*4lRt^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 23, 1992 Millions of dollars Averac es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssiiiittuuttiioonnss aatt Heek ended Change fromi week ended Hedhesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 22, 1992 Jul L5, 1992 Jul 24, 1991 Jul 22, 1992 Reserve Bank credit1 2 313,819 • 997 • 21,274 316,951 . U.S. government securities Bought outright—system account 275,186 • 133 • 24,356 277,525 Held under repurchase agreements 1,061 • 1,061 • 1,061 1,840 Federal agency obligations Bought outright 5,683 - 18 - 507 5,675 Held under repurchase agreements 27 • 27 • 27 63 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 9 - 15 - 137 17 Seasonal credit 208 • 19 - 131 214 Extended credit 0 0 - 4 0 Float 294 - 138 - 56 493 Other F.R. assets 31,351 - 72 - 3,335 31,123 Gold stock 11,060 0 - 3 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,308 _ 14 • 533 21,308 Total factors supplying reserve funds 356,205 1,011 • 21,805 359,336 Currency in circulation* 313,942 - 531 • 21,053 313,738 Treasury cash holdings* 586 - 17 - 27 584 Deposits, other than reserve balances, with F.R. Banks Treasury 5,231 - 13 - 802 5,041 Foreign 264 • 56 • 43 374 Service-related balances and adjustments3 5,890 • 529 • 2,574 5,890 Other 233 - 3 • 41 218 Other F.R. liabilities and capital 8,185 - 104 • 276 8,005 Total factors, other than reserve balances, absorbing reserve funds 334,331 - 84 • 23,158 333,847 Reserve balances with F.R. Banks4 21,874 4- 1,095 - 1,354 25,489 On July 22, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 288,655 million, a change of -f $ 4,031 million for the week. 1 Net of $ 5,395 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,395 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities, .j 2 Net of $ 3,056 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,056 million was with foreign official and international accounts. Includes $ 119 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,237 million and adjustments of $ 653 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 NNeeddnneessddaayy [[ Nednesday 1 Wednesday ** JJuull 2222,, 11999922 Jul 15, 1992 Jul 24, 1991 ASSETS Gold certificate account 11,059 0 3 Special drawing rights certificate account 10,018 0 0 Coin 469 1 71 Loans 231 • 21 213 Acceptances 0 0 0 Federal agency obligations Bought outright 5,675 15 «tt4 Held under repurchase agreements1 63 4- 63 • 63 U.S. government securities Bought outright—Bills 137,492 + 1,104 • 17,109 Notes 106,974 0 • 9,643 Bonds 33,059 0 • 1,596 Total bought outright2 277,525 1 • " 1,104 1 • 28,:*48 Held under repurchase agreements1 1,840 • 1,840 • 1,840 Total U.S. government securities 279,365 • 2,944 • 30,188 Total loans and securities 285,335 • 3,013 4 29,554 Items in process of collection ((66,,773355)) 55,,221133 1,033 • 14 Bank premises 11,,002288 0 • 90 Other assets3 3300,,112222 238 3,692 TOTAL ASSETS ((66,,773355)) 334433,,224455 • 1,741 • 25,893 LIABILITIES Federal Reserve notes 293,483 746 • 20,614 Deposits Depository institutions 333111,,,333000444 • 2,673 • 4,142 U.S. Treasury—general account 555,,,000444111 • 333 • 397 Foreign—official accounts 333777444 • 167 • 174 Other (((666,,,222000333))) 111 222111888 26 + 44 Total deposits (((666,,,222000333))) 333666,,,999333777 ;; •• 33,,114466 • 4,758 Deferred availability cash items (((555333333))) 444,,,888222333 660044 ! • 276 Other liabilities and accrued dividends4 111,,,888888888 5533 1 - 435 TOTAL LIABILITIES (((666,,,777333555))) 333333777,,,111333000 •• "" 11,,774444 • 25,213 CAPITAL ACCOUNTS Capital paid in 2,908 + 23 • 352 Surplus 2,652 0 • 261 Other capital accounts 556 26 4- 66 * 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 $ 2,805 million was outstanding at the end of the latest statement week. 2 Net of $ 3,056 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 119 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 $ 28 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 22, 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 210 0 HHiitthhiinn 1155 ddaayyss 18,406 • 5,152 226 + 146 16 days to 90 days 21 0 1166 ddaayyss ttoo 9900 ddaayyss 63,477 1,795 753 98 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 89,727 414 1,316 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 66,273 0 2,532 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,932 0 757 0 OOvveerr 1100 yyeeaarrss 25,549 0 154 0 Total 231 0 TToottaall 279,365 + 2,944 5,738 • 48 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 22, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,059 705 4,045 347 658 941 503 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 469 25 12 43 26 86 48 37 28 16 24 33 91 Loans 231 1 5 2 0 10 13 19 46 98 18 5 14 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,675 362 2,208 173 357 444 193 703 139 88 154 208 646 Held under repurchase agreements1 63 0 63 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 137,492 8,782 53,489 4,185 8,654 10,751 4,681 17,028 3,364 2,143 3,719 5,044 15,651 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 277,525 17,726 107,967 8,447 17,468 21,701 9,448 34,372 6,790 4,325 7,508 10,181 31,592 Held under repurchase agreements1 1,840 0 1,840 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 279,365 17,726 109,807 8,447 17,468 21,701 9,448 34,372 6,790 4,325 7,508 10,181 31,592 Total loans and securities 285,335 18,090 112,082 8,622 17,825 22,155 9,655 35,094 6,976 4,512 7,679 10,394 32,252 Items in process of collection 11,949 309 5,146 331 236 580 695 503 196 332 315 2,211 1,095 Bank premises 1,028 89 142 44 35 124 57 112 29 32 52 165 146 Other assets3 30,122 1,225 9,471 1,138 1,808 2,074 2,451 3,612 737 733 1,062 2,150 3,660 Interdistrict settlement account 0 -1,288 -16,274 •2,894 •1,669 -893 •2,400 -1,887 •2,055 •2,374 •2,433 +7,279 -762 TOTAL ASSETS 349,980 19,866 118,020 13,738 22,902 26,028 16,112 40,078 10,631 8,367 12,228 23,159 38,853 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 $ 2,805 million was outstanding at the end of the latest statement week. 2 Net of $ 3,056 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 119 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 $ 28 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 22, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 293,483 17,699 101,111 11,520 20,463 22,810 11,997 35,596 9,344 6,834 10,514 13,990 31,604 Deposits Depository institutions 31,304 1,540 8,385 1,542 1,762 2,154 2,807 3,046 942 1,000 1,128 1,848 5,150 U.S. Treasury—general account 5,041 0 5,041 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 374 5 276 6 8 9 13 17 3 4 5 11 18 Other 6,420 2 109 1 2 66 1 29 1 4 2 6,203 2 Total deposits 43,139 1,548 13,810 1,548 1,772 2,229 2,820 3,092 946 1,007 1,135 8,062 5,170 Deferred credit items 5,356 280 623 369 193 409 640 443 149 333 306 567 1,045 Other liabilities and accrued dividends1 1,888 119 708 61 116 151 72 238 46 32 55 77 213 TOTAL LIABILITIES 343,865 19,646 116,252 13,499 22,543 25,600 15,529 39,369 10,484 8,205 12,010 22,697 38,031 CAPITAL ACCOUNTS Capital paid in 2,908 101 831 115 169 202 286 335 70 78 105 225 393 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 556 21 165 18 29 56 54 54 12 13 14^ 26^ 94 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 349,980 19,866 118,020 13,738 22,902 26,028 16,112 40,078 10,631 8,367 12,228 23,159 38,853 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,476 22,360 121,644 13,509 22,835 29,174 16,925 39,248 11,479 7,920 12,170 16,904 47,308 Less—Held by F.R. Banks 67,994 4,660 20,533 1,989 2,372 6,364 4,928 3,652 2,135 1,086 1,656 2,914 15,704 F.R. notes, net 293,483 17,699 101,111 11,520 20,463 22,810 11,997 35,596 9,344 6,834 10,514 13,990 31,604 Collateral held against F.R. notes Gold certificate account 11,059 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 1 272,405 Total collateral [ 293,483 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