H.4.1 Factors Affecting Reserve Balances of Depository Institutions

OV GOvf '. FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be annourice* the information is available, on (202) 452-3206. Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 30, 1992 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 29, 1992 Jul 22, 1992 Jul 31, 1991 Jul 29, 1992 Reserve Bank credit1 2 311,821 - 1,993 + 20,254 311,899 U.S. government securities Bought outright—system account 274,415 - 771 + 25,098 274,554 Held under repurchase agreements 0 - 1,061 0 0 Federal agency obligations Bought outright 5,625 - 59 - 534 5,625 Held under repurchase agreements 0 - 27 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 15 + 6 - 17 14 Seasonal credit 222 + 14 - 140 229 Extended credit 0 0 - 186 0 Float 387 + 99 - 243 126 Other F.R. assets 31,157 - 194 - 3,723 31,351 Gold stock 11,059 0 - 3 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,322 + 14 +_ 539 21,322 Total factors supplying reserve funds 354,221 - 1,979 20,790 354,298 Currency in circulation* 313,487 - 455 + 21,209 313,894 Treasury cash holdings* 583 - 3 - 23 578 Deposits, other than reserve balances, with F.R. Banks Treasury 5,562 + 331 - 908 5,365 Foreign 226 - 38 - 13 206 Service-related balances and adjustments3 5,447 - 488 + 2,187 5,447 Other 236 + 3 + 23 219 Other F.R. liabilities and capital 8,178 - 8 + 171 8,047 Total factors, other than reserve balances, absorbing reserve funds 333,719 - 658 + 22,646 333,754 Reserve balances with F.R. Banks4 20,502 - 1,321 - 1,855 20,544 On July 29, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 287,236 million, a change of - $ 1,419 million for the week 1 Net of $ 6,166 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,166 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,027 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,027 million was with foreign official and international accounts. Includes $ 180 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,277 million and adjustments of $ 169 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 29, 1992 Jul 22, 1992 Jul 31 , 1991 ASSETS Gold certificate account 11,059 0 - 3 Special drawing rights certificate account 10,018 0 0 Coin 478 + 9 - 67 Loans 244 + 12 - 330 Acceptances 0 0 0 Federal agency obligations Bought outright 5,625 - 50 - 534 Held under repurchase agreements1 0 - 63 0 U.S. government securities Bought outright—Bills 134,520 - 2,972 + 12,337 Notes 106,974 0 + 9,643 Bonds 33,059 0 + 1,596 Total bought out right *• 274,554 - 2,972 + 23,576 Held under repurchase agreements1 0 - 1,840 0 Total U.S. government securities 274,554 ~ 4,812 + 23,576 Total loans and securities 280,422 - 4,912 + 22,712 - - Items in process of collection (526) 5,056 157 491 Bank premises 1,028 0 + 88 Other assets3 30,313 + 191 - 3,761 TOTAL ASSETS (526) 338,375 - 4,870 + 18,479 LIABILITIES Federal Reserve notes 293,627 + 145 + 20 ,665 Deposits Depository institutions 26,362 - 4,942 - 1509 U.S. Treasury--general account 5,365 + 324 - 466 Foreign—official accounts 206 - 169 - 109 Other 219 + 1 + 7 Total deposits 32,152 - 4,785 - 2*076 Deferred availability cash items (526) 4,550 - 273 + 8 Other liabilities and accrued dividends4 11,,885588 - 29 512 TOTAL LIABILITIES ((552266)) 333322,,118877 - 4,943 ++ 18,085 CAPITAL ACCOUNTS Capital paid in 2,930 + 22 + 373 Surplus 2,652 0 + 228 Other capital accounts 607 + 52 - 208 * 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 $ 6,027 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 38 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 29, 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 doll a r s U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings change's changes Within 15 days 207 0 WWiitthhiinn 1155 ddaayyss 13,849 44,,555588 98 128 16 days to 90 days 37 0 1166 ddaayyss ttoo 9900 ddaayyss 66,856 ++ 33,,337788 836 + 83 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 86,095 33,,663322 1,297 19 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 66,273 00 2,483 49 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,932 00 757 0 OOvveerr 1100 yyeeaarrss 25,549 00 154 0 Total 244 0 TToottaall 274,554 44,,881122 5,625 113 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 29, 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 11,059 705 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 478 24 13 43 27 86 46 39 29 15 25 34 96 Loans 244 0 0 1 0 9 12 17 55 101 20 5 23 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,625 359 2,188 171 354 440 191 697 138 88 152 206 640 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 134,520 8,592 52,333 4,094 8,467 10,519 4,580 16,660 3,291 2,096 3,639 4,935 15,313 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 274,554 17,536" 106,811 8,357 17,281 21,469 9,347 34,004 6,718 4,279 7,427 10,072 31,254 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 274,554 17,536 106,811 8,357 17,281 21,469 9,347 34,004 6,718 4,279 7,427 10,072 31,254 Total loans and securities 280,422 17,896" 108,999 8,529 17,635 21,918 9,550 34,717 6,910 4,468 7,599 10,283 31,917 Items in process of collection 5,583 369 726 381 199 404 507 477 178 317 319 391 1,314 Bank premises 1,028 89 143 44 35 124 57 112 29 32 52 165 146 Other assets3 30,313 1,242 9,436 1,146 1,864 2,098 2,462 3,654 742 739 1,069 2,167 3,694 Interdistrict settlement account 0 -1,373 -11,666 +2,829 +1,197 -343 +2,303 -1,849 +2,304 +2,050 +2,366 +2,298 -115 TOTAL ASSETS 338,901 19,664 115,090 13,638 22,260 26,189 15,731 39,756 10,803 7,989 12,093 16,265 39,424 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 $ 6,027 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 38 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 29, 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 293,627 17,659 101,499 11,427 20,478 22,894 11,716 35,829 9,370 6,823 10,560 14,031 31,342 Deposits Depository institutions 26,362 1,365 4,898 1,556 1,117 2,276 2,817 2,497 1,084 649 952 1,324 5,827 U.S. Treasury—general account 5,365 0 5,365 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 206 5 107 6 8 9 13 17 3 4 5 11 18 Other 219 1 124 1 2 38 1 39 0 4 3 1 6 Total deposits 32,152 1,370 10,494 1,562 1,127 2,323 2,831 2,553 1,088 656 960 1,336 5,850 Deferred credit items 5,076 295 585 345 180 393 527 428 153 317 301 358 1,197 Other liabilities and accrued dividends1 1,858 117 693 60 114 147 72 236 46 30 55 77 211 TOTAL LIABILITIES 332,713 19,441 113,271 13,394 21,900 25,757 15,146 39,046 10,656 7,826 11,876 15,801 38,600 CAPITAL ACCOUNTS Capital paid in 2,930 101 852 115 169 202 286 335 70 78 105 224 393 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 607 24 196 24 30 60 57 54 12 15 14 27 95 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 338,901 19,664 115,090 13,638 22,260 26,189 15,731 39,756 10,803 7,989 12,093 16,265 39,424 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,148 22,308 121,511 13,425 22,805 29,144 16,682 39,430 11,457 7,884 12,174 16,897 47,431 Less—Held by F.R. Banks 67,521 4,649 20,011 1,999 2,327 6,251 4,966 3,601 2,087 1,061 1,614 2,866 16,089 F.R. notes, net 293,627 17,659 101,499 11,427 20,478 22,894 11,716 35,829 9,370 6,823 10,560 14,031 31,342 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 272,550 Total collateral 293,627 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