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^f. 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 August 20, 1992 Millions of dollars Averages o f daily fig urcs RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froi? week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 19, 1992 Aug 12, 1992 Aug _____ Aug 19, 1992 Reserve Bank credit1 2 317,056 + 2,211 + 24,855 314,928 U.S. government securities Bought outright--systeni account 276,050 + 506 + 24,555 277,500 Held under repurchase agreements 2,698 + 1,879 + 2,070 582 Federal agency obligations Bought outright 5,612 0 - 547 5,612 Held under repurchase agreements 76 + 54 + 47 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 45 + 33 - 82 70 Seasonal credit 223 + 5 - 114 230 Extended credit 0 0 - 293 0 Float 811 + 420 + 232 522 Other F.R. assets 31,541 - 688 - 1,014 30,412 Gold stock 11,059 0 - 3 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,364 + 14 + 546 21,364 Total factors supplying reserve funds 359,498 + 2,225 + 25,399 357,369 Currency in circulation* 316,374 + 94 + 22,365 316,190 Treasury cash holdings* 551 - 9 - 61 542 Deposits, other than reserve balances, with F.R. Banks Treasury 5,291 - 153 + 153 4,412 Foreign 212 + 16 - 53 253 Service-related balances and adjustments3 5,593 - 28 + 2,316 5,593 Other 294 + 34 + 83 321 Other F.R. liabilities and capital 8,269 - 523 + 169 8,086 Total factors, other than reserve balances, absorbing reserve funds 336,584 - 570 + 24,972 335,398 Reserve balances with F.R. Banks* 22,914 + 2,795 + 427 21,971 On August 19, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 296,114 million, a change of + $ 2,751 million for the week. 1 Net of $ 4,874 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,874 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities 2 Net of $ 3,596 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,596 million was with foreign official and international accounts. Includes $ 150 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,404 million and adjustments of $ 189 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 Aug 19, 1992 Aug 12, 1992 Aug 21, 1991 ASSETS Gold certificate account 11,059 0 - 3 Special drawing rights certificate account 10,018 0 0 Coin 490 + 2 - 75 _ Loans 299 + 65 1,071 Acceptances 0 0 0 Federal agency obligations Bought outright 5,612 0 - 547 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 137,071 + 1,824 + 11,889 Notes 107,622 + 452 + 10,100 Bonds 3322,,880077 225522 + 1,194 Total bought outright2 227777,,550000 ++ 22,,002244 + 23,183 Held under repurchase agreements1 582 + 582 + 582 Total U.S. government securities 278,082 + 2,606 + 23,765 Total loans and securities 283,993 + 2,670 + 22,147 Items in process of collection (629) 5,536 + 212 + 155 Bank premises 1,017 + 2 + 70 Other assets3 29,436 - 1,796 - 2,107 TOTAL ASSETS (629) 341,549 + 1,090 + 20,187 LIABILITIES Federal Reserve notes 295,858 - 491 + 21,635 Deposits Depository institutions 27,859 + 1,987 - 1,052 U.S. Treasury—general account 4,412 - 551 - 751 Foreign—official accounts 253 + 111 - 13 Other 321 + 56 + 122 Total deposits 32,845 + 1,604 - 1,695 Deferred availability cash items (629) 4,759 + 9 + 62 Other liabilities and accrued dividends'* 1,850 - 35 - 556 TOTAL LIABILITIES (629) 335,314 + 1,086 + 19,446 CAPITAL ACCOUNTS Capital paid in 2,951 + 10 + 383 Surplus 2,652 0 + 228 Other capital accounts 633 - 6 + 129 * 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 $ 2,910 million was outstanding at the end of the latest statement week. 2 Net of $ 3,596 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange i ites. Includes special investment account at Chicago of $ 85 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, AUGUST 19, 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 267 0 WWiitthhiinn 1155 ddaayyss 17,812 + 7 441177 + 330 16 days to 90 days 33 0 1166 ddaayyss ttoo 9900 ddaayyss 63,494 + 3,310 553333 330 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 88,797 + 51 11,,228811 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 65,664 1,400 22,,447700 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 16,415 + 288 775577 0 OOvveerr 1100 yyeeaarrss 25,899 + 350 115544 0 Total 299 0 TToottaall 278,082 + 2,606 55,,661122 0 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 AUGUST 19, 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 490 23 14 39 32 89 50 42 29 14 28 36 95 Loans 299 4 0 5 0 7 21 13 62 94 49 8 36 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,612 358 2,183 171 353 439 191 695 137 87 152 206 639 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 137,071 8,755 53,325 4,172 8,628 10,718 4,666 16,976 3,354 2,136 3,708 5,029 15,604 Notes 107,622 6,874 41,868 3,276 6,774 8,415 3,664 13,329 2,633 1,677 2,911 3,948 12,251 Bonds 32,807 2,095 12,763 999 2,065 2,565 1,117 4,063 803 511 887 1,204 3,735 Total bought outright2 277,500 17,725 107,957 8,446 17,466 21,699 9,447 34,368 6,790 4,325 7,507 10,180 31,589 Held under repurchase agreements1 582 0 582 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 278,082 17,725 108,539 8,446 17,466 21,699 9,447 34,363 6,790 4,325 7,507 10,180 31,589 Total loans and securities 283,993 18,088 110,722 8,622 17,820 22,145 9,659 35,077 6,989 4,506 7,707 10,394 32,264 Items in process of collection 6,165 337 828 349 273 489 570 507 176 352 361 431 1,492 Bank premises 1,017 89 140 44 35 124 57 112 29 32 52 155 147 Other assets3 29,436 1,171 9,080 1,119 1,765 2,015 2,452 3,590 722 729 1,048 2,155 3,589 Interdistrict settlement account 0 -954 -13,864 +2,531 +1,494 +505 +1,546 -834 +2,366 +2,116 +2,395 +2,799 -99 TOTAL ASSETS 342,178 20,169 114,360 13,371 22,721 27,269 15,140 41,101 10,922 8,116 12,253 16,896 39,860 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 $ 2,910 million was outstanding at the end of the latest statement week. 2 Net of $ 3,596 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 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 $ 85 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 AUGUST 19, 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 295,858 17,764 101,894 11,459 20,514 23,683 10,979 36,351 9,577 6,907 10,633 13,754 32,342 Deposits Depository institutions 27,859 1,753 4,493 1,212 1,537 2,538 2,906 3,191 983 654 994 2,208 5,391 U.S. Treasury—general account 4,412 0 4,412 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 253 5 154 6 8 9 13 17 3 4 5 11 18 Other 321 1 157 1 1 57 2 86 0 4 2 2 7 Total deposits 32,845^ 1,760 9,217 1,218 1,546 2,604 2,920 3,294 987 661 1,002 2,221 5,415 Deferred credit items 5,389 305 695 394 190 407 586 506 168 355 346 382 1,055 Other liabilities and accrued dividends1 1,850 116 704 59 114 148 70 232 44 30 53 76 205 TOTAL LIABILITIES 335,943~" 19,944 112,510 13,131 22,364 26,842 14,555 40,383 10,775 7,954 12,034 16,433 39,018 CAPITAL ACCOUNTS Capital paid in 2,951 103 858 115 169 201 286 338 69 78 105 225 402 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 633 24 220 20 27^ 56 56 59 11 14 15^ 27_ 104 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 342,178 20,169 114,360 13,371 22,721 27,269 15,140 41,101 10,922 8,116 12,253 16,896 39,860 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 359,235 22,095 120,944 13,289 22,751 29,129 15,812 39,654 11,593 7,898 12,055 16,661 47,355 Less--Held by F.R. Banks 63,377 4,331 19,049 1,829 2,238 5,446 4,833 3,302 2,015 991 1,421 2,907 15,013 F.R. notes> net 295,858 17,764 101,894 11,459 20,514 23,683 10,979 36,351 9,577 6,907 10,633 13,754 32,342 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 274,781 Total collateral 295,858 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