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, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks September 3, 1992 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change frorr week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 2, 1992 Aug 26, 1992 Sep" 4, 1991 Sep 2, 1992 Reserve Bank credit1 2 317,527 + 4,424 + 21,209 322,668 U.S. government securities Bought outright--system account 277,088 + 653 + 22,034 277,254 Held under repurchase agreements 3,248 + 3,248 + 638 7,452 Federal agency obligations Bought outright 5,571 - 29 - 588 5,571 Held under repurchase agreements 36 + 36 - 96 100 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 29 - 5 - 55 31 Seasonal credit 220 - 12 - 83 208 Extended credit 0 0 - 442 0 Float 785 + 61 + 607 746 Other F.R. assets 30,549 + 473 - 806 31,306 Gold stock 11,059 0 - 3 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,342 + 14 + 501 21,342 Total factors supplying reserve funds 359,946 + 4,438 + 21,707 365,087 Currency in circulation* 316,453 + 1,090 + 21,306 317,793 Treasury cash holdings* 539 - 3 - 66 536 Deposits, other than reserve balances, with F.R. Banks Treasury 5,744 + 124 - 515 5,316 Foreign 213 + 18 - 70 236 Service-related balances and adjustments3 5,769 + 155 + 2,358 5,769 Other 276 + 8 + 54 302 Other F.R. liabilities and capital 8,665 + 481 - 20 9,032 Total factors, other than reserve balances, absorbing reserve funds 337,659 + 1,872 + 23,045 338,984 Reserve balances with F.R. Banks* 22,287 + 2,566 - 1,338 26,103 On September 2, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 295.956 million, a change of + $ 854 million for the week. 1 Net of $ 4,277 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,277 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,207 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,207 million was with foreign official and international accounts. Includes $ 0 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5.475 million and adjustments of $ 295 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 Nednesday Sep 2, 1992 Aug 26, 1992 Sep 4, 1991 ASSETS Gold certificate account 11,059 0 - 3 Special drawing rights certificate account 10,018 0 0 Coin 493 - 1 - 50 - - Loans 239 36 449 Acceptances 0 0 0 Federal agency obligations Bought outright 5,571 0 - 588 Held under repurchase agreements1 100 + 100 - 508 U.S. government securities Bought outright—Bills 136,626 + 431 + 10,313 Notes 107,822 0 + 10,300 Bonds 32,807 0 + 1,194 Total bought outright2 277,254 + 431 + 21,807 Held under repurchase agreements1 7,452 + 7,452 - 3,931 Total U.S. government securities 284,706 + 7,883 + 17,876 Total loans and securities 290,616 + 7,946 + 16,331 Items in process of collection (2,303) 6,248 + 1,490 .- 2,347 Bank premises 1,016 - 1 + 66 Other assets3 3300,,330066 997733 - 608 TOTAL ASSETS ((22,,330033)) 334499,,775555 ++ 1100,,440088 Hh 13,389 LIABILITIES Federal Reserve notes 297,481 + 2,031 + 21,184 Deposits Depository institutions 31,722 + 6,303 - 5,815 U.S. Treasury—general account 5,316 - 362 - 1,074 Foreign--official accounts 236 + 12 + 29 Other (1,696) 302 + 20 + 63 Total deposits (1,696) 37,577 + 5,972 - 6,797 Deferred availability cash items (607) 5,667 + 1,383 - 1,441 Other liabilities and accrued dividends4 1,938 + 129 - 1,070 TOTAL LIABILITIES (2,303) 342,662 + 9,515 + 11,875 CAPITAL ACCOUNTS Capital paid in 2,958 + 6 + 388 Surplus 2,652 0 + 228 Other capital accounts 1,484 + 887 + 897 * 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 $ 2,131 million was outstanding at the end of the latest statement week 2 Net of $ 4,207 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 90 million in Treasury bi'ls 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, SEPTEMBER 2, 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 Neekly Neekly Holdings Holdings changes changes Nithin 15 days 85 0 NNiitthhiinn 1155 ddaayyss 1188,,334433 + 2,744 180 230 16 days to 90 days 153 0 1166 ddaayyss ttoo 9900 ddaayyss 6688,,337733 + 1,174 911 + 458 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8899,,664477 + 3,800 1,278 128 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6666,,002299 • 165 2,391 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1166,,441155 0 757 0 OOvveerr 1100 yyeeaarrss 2255,,889999 0 154 0 Total 239 0 TToottaall 228844,,770066 + 7,883 5,671 * 100 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 SEPTEMBER 2, 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 493 22 13 40 31 92 48 42 28 14 26 40 97 Loans 239 0 0 9 0 0 15 12 65 79 22 11 25 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,571 356 2,167 170 351 436 190 690 136 87 151 204 634 Held under repurchase agreements1 100 0 100 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 136,626 8,727 53,152 4,159 8,599 10,683 4,651 16,921 3,343 2,129 3,696 5,012 15,553 Notes 107,822 6,887 41,946 3,282 6,786 8,431 3,671 13,354 2,638 1,680 2,917 3,956 12,274 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 277,254 17,709 107,861 8,439 17,451 21,680" 9,439 34,338 6,784 4,321 7,500 10,171 31,561 Held under repurchase agreements1 7,452 0 7,452 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 284,706 17,709 115,313 8,439 17,451 21,680 9,439 34,338 6,784 4,321 7,500 10,171 31,561 Total loans and securities 290,616 18,065 117,580 8,618 17,802 22,115 9,644 35,040 6,985 4,486 7,672 10,387 32,221 Items in process of collection 8,551 377 981 510 304 559 880 560 1,661 373 439 481 1,425 Bank premises 1,016 89 140 44 35 124 57 112 29 32 52 155 147 Other assets3 30,306 1,197 9,623 1,134 1,793 2,050 2,494 3,646 731 738 1,061 2,185 3,653 Interdistrict settlement account 0 -944 -16,501 +2,855 +1,116 +860 +2,093 -1,332 +2,806 +2,398 +2,679 +2,574 +1,397 TOTAL ASSETS 352,059 20,223 119,277 13,867 22,383 27,702 16,022 40,674 12,850 8,409 12,593 16,748 41,310 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 $ 2,131 million was outstanding at the end of the latest statement week. 2 Net of $ 4,207 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 90 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 SEPTEMBER 2, 1992 Millions of dollars Kansas San Total Bos'on New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 297,481 17,728 101,632 11,419 20,327 24,027 11,669 35,735 9,824 6,968 10,684 13,822 33,646 Deposits Depository institutions 31,722 1,769 8,517 1,685 1,306 2,438 2,826 3,204 932 828 1,175 1,887 5,156 U.S. Treasury—general account 5,316 0 5,316 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 236 5 137 6 8 9 13 17 3 4 5 11 18 Other 1,998 1 118 1 1 77 2 91 1,696 4 2 1 5 Total deposits 39,273 1,775 14,088 1,692 1,315 2,524 2,841 3,312 2,632 835 1,182 1,899 5,179 Deferred credit items 6,274 342 702 422 212 516 778 569 182 390 422 420 1,318 Other liabilities and accrued dividends1 1,938 121 762 61 117 149 71 236 46 31 54 77 214 TOTAL LIABILITIES 344,965 19,965 117,184 13,594 21,971 27,216 15,360 39,852 12,683 8,225 12,342 16,219 40,356 CAPITAL ACCOUNTS Capital paid in 2,958 103 858 116 169 205 286 338 69 79 105 224 406 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 1,484 56 464 52 82 111 134 164 32 36 46 94 212 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 352,059 20,223 119,277 13,867 22,383 27,702 16,022 40,674 12,850 8,409 12,593 16,748 41,310 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 357,713 21,950 119,200 13,343 22,690 29,132 16,340 39,044 11,694 7,915 12,178 16,715 47,512 Less—Held by F.R. Banks 60,232 4,222 17,568 1,924 2,363 5,105 4,671 3,309 1,870 947 1,494 2,893 13,866 F.R. notes, net 297,481 17,728 101,632 11,419 20,327 24,027 11,669 35,735 9,824 6,968 10,684 13,822 33,646 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 276,403 Total collateral 297,481 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