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. ••f*4LR£^*' H4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks September 10, 1992 Millions of dollars Averages of daily f]i gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 9, 1992 Sep 2, 1992 Sep 11, 1991 Sep 9, 1992 Reserve Bank credit1 2 320,785 + 3,250 + 23,957 323,349 U.S. government securities Bought outright--system account 281,700 + 4,611 + 26,010 281,509 Held under repurchase agreements 1,477 - 1,772 - 476 4,775 Federal agency obligations Bought outright 5,539 - 32 - 617 5,534 Held under repurchase agreements 11 - 25 - 416 40 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 23 - 6 - 61 20 Seasonal credit 191 - 28 - 76 181 Extended credit 0 0 - 441 0 Float 415 - 377 - 311 270 Other F.R. assets 31,428 + 878 + 345 31,020 Gold stock 11,059 0 - 3 11,060 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,356 + 14 + 503 21,356 Total factors supplying reserve funds 363,218 + 3,264 _ 24,457 365,783 Currency in circulation* 319,449 + 2,996 + 23,586 320,463 Treasury cash holdings* 535 - 3 - 71 531 Deposits, other than reserve balances, with F.R. Banks Treasury 5,923 + 179 + 114 3,982 Foreign 267 + 54 + 23 183 Service-related balances and adjustments3 5,669 - 100 + 2,389 5,669 Other 297 + 21 + 67 279 Other F.R. liabilities and capital 9,068 + 403 + 387 8,190 Total factors, other than reserve balances, absorbing reserve funds 341,208 + 3,549 + 26,495 339,296 Reserve balances with F.R. Banks4 22,010 - 286 - 2,037 26,487 i On September 9, 1992. marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 294,432 million, a change of - $ 1,524 million for the week. 1 Net of $ 3.879 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of S 3,879 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,084 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,084 million was with foreign official and international accounts Includes $ 90 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,477 million and adjustments of $ 192 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. ** Estimated data ( Cleveland District) 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 Sep 9, 1992 Sep 2, 1992 Sep 11, 1991 ASSETS Gold certificate account 11,060 0 - 3 Special drawing rights certificate account 10,018 0 0 Coin 482 - 11 - 70 - - Loans 201 37 581 Acceptances 0 0 0 Federal agency obligations Bought outright 5,534 - 37 - 620 Held under repurchase agreements1 40 - 60 - 202 U.S. government securities Bought outright--Bills 137,049 + 424 + 11,477 Notes 110,876 + 3,055 • 13,180 Bonds 3333,,558844 + 777 ++ 1,971 Total bought outright*- 228811,,550099 + 4,255 ••ff 2b ,b28 Held under repurchase agreements1 4,775 - 2,677 +++ 3,762 Total U.S. government securities 228866,,228844 + 1,578 30>3G0 Total loans and securities 229922,,006600 + 1,444 +++ 28,98 7 Items in process of collection (3,786 ) 7,861 + 1,614 + 2,683 Bank premises 1,017 + 2 + 67 Other assets3 3300,,117711 - 135 - 550 TOTAL ASSETS ((33,,778866 )) 335522,,666699 f 2,913 + 31,114 LIABILITIES Federal Reserve notes 300,119 + 2,639 + 24,305 Deposits Depository institutions 32,241 + 519 5,138 *• U.S. Treasury—general account 3,982 - 1,334 - 1,074 Foreign—official accounts 183 - 53 - 48 Other ((33,,115588 )) 279 ~~ 2244 ++ 54 Total deposits ((33,,115588)) 36,685 889922 ++ 4,071 Deferred availability cash items H628) 7,675 + 2,008 + 2,988 Other liabilities and accrued dividends^* 11,,885500 - 88 1,036 TOTAL LIABILITIES ((33 >>778866 )) 334466,,332299 + 3,667 •• 30,328 CAPITAL ACCOUNTS Capital paid in 2,959 0 + 385 Surplus 2,652 0 + 228 Other capital accounts 730 ~ 754 + 173 * 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 $ 2.329 million was outstanding at the end of the latest statement week. 2 Net of $ 4.084 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 90 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 $ 81 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. ** Estimated data ( Cleveland District) MATURITY DISTRIBUTION OF LOANS AND SECURITIES, SEPTEMBER 9, 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 rntnen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 64 0 WWiitthhiinn 1155 ddaayyss 1177,,779988 545 112200 60 16 days to 90 days 137 0 1166 ddaayyss ttoo 9900 ddaayyss 6666,,666644 1,709 991111 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8899,,999977 + 350 11,,227788 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6688,,002299 + 2,000 22,,335544 37 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1177,,116655 + 750 775577 0 OOvveerr 1100 yyeeaarrss 2266,,663311 • 731 115544 0 Total 201 0 TToottaall 228866,,228844 * 1,578 55,,557744 97 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 9, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland i R ichmond Atlanta C h i c a y o St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,060 705 4,046 34 7 658 941 503 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 482 19 13 39 30 90 46 41 29 14 27 39 96 Loans 201 0 0 0 0 0 13 9 62 71 16 6 24 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,534 353 2,153 168 348 433 188 685 135 86 150 203 630 Held under repurchase agreements1 40 0 40 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 137,049 8,754 53,317 4,171 8,626 10,717 4,666 16,974 3,353 2,136 3,707 5,028 15,601 Notes 110,876 7,082 43,135 3,375 6,979 8,670 3,775 13,732 2,713 1,728 2,999 4,068 12,622 Bonds 33,584 2,145 13,065 11,,002222 22,,111144 22,,662266 11,,114433 44,,115599 882222 552233 990099 11,,223322 3,823 Total bought outright1- 281,509 17,981 109,517 88,,556688 1177,,771199 2222,,001133 99 ,,558844 3344,,886655 66,,888888 44,,338877 77,,661155 1100,,332277 32,046 Held under repurchase agreements1 4,775 0 4,775 0 000 000 000 000 00 00 00 00 0 Total U.S. govt, securities 286 ,284 17,981 111144,,229922 88,,556688 111777,,,777111999 222222~~~,,,000111333 """999,,,555888444 """333444 ,,,888666555 66,,888888 44,,338877"" 77,,661155 1100,,332277 32,046 Total loans and securities 292,060 18,334 111166,,448844 88,,773377 111888,,,000666 777 222222,,,444444555 999,,,777888555 333555,,,555666000 7,085 4,545 7,781 10,536 32,700 Items in process of collection 11,648 495 3,987 749 156 955 1,075 699 354 550 586 366 1,675 Bank premises 1,017 89 140 44 35 125 57 112 29 32 52 155 147 Other assets3 30,171 1,242 9,879 1,180 962 2,106 2,512 3,734 748 750 1,082 2,242 3,734 Interdistrict settlement account 0 -1,173 -20,525 +3,082 +4,614 + 779 +1,842 --22,,003355 ++22,,888844 ++22,,331144 ++22,,883333 ++22,,331100 +3,074 TOTAL ASSETS 356,455 20,423 117,419 14,498 25,166 28,403 16,122 4400,,771177 1111,,774400 88,,557722 1133,,002244 1166,,557744 43,797 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 $ 2,329 million was outstanding at the end of the latest statement week 2 Net of $ 4,084 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 90 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 $ 81 million in Treasury bills maturing within 90 days. Components may not add lo totals due to rounding. ** Estimated data ( Cleveland District) 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 9, 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 300,119 17,958 101,496 11,500 20,456 24,352 11,783 35,835 10,343 6,994 11,126 13,848 34,428 Deposits Depository institutions 32,241 1,684 7,433 2,137 873 2,725 2,795 3,110 912 887 1,111 1,756 6,817 U.S. Treasury—general account 3,982 0 3,982 0 0 0 0 0 0 0 0 0 0 Foreign—off icial accounts 183 5 85 6 8 9 13 17 3 4 5 11 18 Other 3,437 1^ 109 1 3,159 73 1 82 0 4 1 1 4 Total deposits 39,843 1,689 11,609 2,143 4,041 2,808 2,809 3,209 916 894 1,117 1,767 6,839 Deferred credit items 8,303 431 1,764 552 124 663 872 724 288 489 507 419 1,469 Other liabilities and accrued dividendsl 1,850 117 697 61 114 143 71 230 45 31 53 77 208 TOTAL LIABILITIES 350,115 20,195 115,566 14,256 24,735 27,966 15,536 39,998 11,592 8,409 12,804 16,112 42,945 CAPITAL ACCOUNTS Capital paid in 2,959 103 858 116 169 205 286 338 69 79 105 224 406 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 730 27 224 21 101 61 57 60 12 14 16 27_ 110 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 356,455 20,423 117,419 14,498 25,166 28,403 16,122 40,717 11,740 8,572 13,024 16,574 43,797 FEDERAL RESERVE AGENTS" ACCOUNTS F.R. notes outstanding 357,837 21,999 119,001 13,285 22,683 29,117 16,139 39,018 12,102 7,893 12,564 16,752 47,285 Less--Held by F.R. Banks 57,718 4,041 17,505 1,786 2,227 4,765 4,356 3,183 1,758 899 1,438 2,904 12,857 F.R. notes> net 300,119 17,958 101,496 11,500 20,456 24,352 11,783 35,835 10,343 6,994 11,126 13,848 34,428 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 279,042 Total collateral 300,119 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. ** Estimated data ( Cleveland District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis