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. °m'?*4LRt^y H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks September 17, 1992 Millions of dollars Averacjj eess ooff ddaaiillyy ffiic jures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended CChhaannggee ffrroonn week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 16, 1992 Sep 9, 1992 Sep f8TT99r Sep 16, 1992 Reserve Bank credit1 2 323,656 + 2,864 + 23,787 325,411 U.S. government securities Bought out right — system account 280,496 - 1,204 + 23,377 283,122 Held under repurchase agreements 4,167 + 2,690 + 606 2,682 Federal agency obligations Bought outright 5,534 - 5 - 620 5,534 Held under repurchase agreements 168 + 157 - 48 307 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 244 + 221 + 202 1,398 Seasonal credit 182 - 9 - 88 191 Extended credit 0 0 - 550 0 Float 1,039 + 748 + 434 98 Other F.R. assets 31,826 + 266 + 475 32,079 Gold stock 11,060 0 - 3 11,060 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,370 + 14 + 505 21,370 Total factors supplying reserve funds 366,103 + 2,878 + 24,290 367,859 Currency in circulation* 320,003 + 546 + 25,019 319,316 Treasury cash holdings* 531 - 5 - 80 530 Deposits, other than reserve balances, with F.R. Banks Treasury 6,284 + 361 - 2,037 7,881 Foreign 257 - 9 - 11 501 Service-related balances and adjustments3 5,710 + 41 + 2,461 5,710 Other 293 - 5 + 43 328 Other F.R. liabilities and capital 8,274 - 784 - 363 8,104 Total factors, other than reserve balances. absorbing reserve funds 341,351 + 146 + 25,033 342,371 Reserve balances with F.R. Banks^ 24,752 + 2,731 ~ 744 25,488 On September 16, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 291,497 million, a change of - $ 2,935 million for the week 1 Nel of $ 5.709 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net ^>f $ 5,709 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,126 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,126 million was with foreign official and international accounts. Includes $ 170 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,478 million and adjustments of $ 232 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 Wed nesday Wednesday Sep 16, 1992 Sep 9, 1992 Sep 18, 1991 ASSETS Gold certificate account 11,060 0 3 Special drawing rights certificate account 10,018 0 0 Coin 492 + 10 72 Loans 1,589 + 1,388 + 572 Acceptances 0 0 0 Federal agency obligations Bought outright 5,534 0 620 Held under repurchase agreements1 307 + 267 509 U.S. government securities Bought outright—Bills 138,162 + 1,113 + 11,973 Notes 111,376 + 500 + 13,030 Bonds 3333,,558844 00 + 1,971 Total bought outright2 228833,,112222 ++ 11,,661133 + 26,973 Held under repurchase agreements1 2,682 - 2,093 12,434 Total U.S. government securities 285,804 - 480 + 14,539 Total loans and securities 293,235 + 1,175 + 13,983 Items in process of collection (623) 6,354 - 739 + 130 Bank premises 1,020 + 2 t 66 Other assets3 3311,,006633 - 32 16 TOTAL ASSETS ((662233)) 335533,,224411 + 417 + 14,087 LIABILITIES Federal Reserve notes 298,968 - 1,201 + 24,145 Deposits Depository institutions 31,743 - 501 6,023 U.S. Treasury—general account 7,881 + 3,899 4,892 Foreign—off icial accounts 501 + 318 + 272 Other 328 + 50 + 69 Total deposits 40,454 + 3,766 10,575 Deferred availability cash items (623 ) 5,715 - 2,135 + 791 Other liabilities and accrued dividends^ 11,,880077 4422 957 TOTAL LIABILITIES ((662233)) 334466,,994444 ++ 338888 + 13,405 CAPITAL ACCOUNTS Capital paid in 2,972 + 13 + 392 Surplus 2,652 0 + 228 Other capital accounts 674 + 15 + 62 * 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 $ 3,086 million was outstanding at the end of the latest statement week. 2 Net of $ 3.126 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 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 $ 74 million in Treasury bills maturing within 90 da/s. 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 16, 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 1,570 0 WWiitthhiinn 1155 ddaayyss 1199,,006622 + 1,264 555588 + 438 16 days to 90 days 19 0 1166 ddaayyss ttoo 9900 ddaayyss 6644,,448811 2,184 771155 196 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8899,,993377 60 11,,222233 55 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6688,,552299 + 500 22,,445544 + 100 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1177,,116655 0 773377 20 OOvveerr 1100 yyeeaarrss 2266,,663311 0 115544 0 Total 1,589 0 TToottaall 228855,,880044 480 55,,884411 + 267 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 16, 1992 Millions of dollars Kansas San Total Boston I New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,060 705 4,046 347 658 941 503 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 492 19 13 39 31 95 47 41 28 15 28 40 97 Loans 1,589 1 1,230 8 0 0 13 15 59 69 23 10 160 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 307 0 307 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 138,162 8,825 53,750 4,205 8,696 10,804 4,704 17,111 3,381 2,153 3,738 5,069 15,728 Notes 111,376 7,114 43,329 3,390 7,010 8,709 3,792 13,794 2,725 1,736 3,013 4,086 12,679 Bonds 33,584 2,145 13,065 1,022 2,114 2,626 1,143 4,159 822 523 909 1,232 3,823 Total bought outright2 283,122 18,084 110,144 8,618 17,820 22,139 9,639 35,065 6,927 4,412 7,659 10,387 32,229 Held under repurchase agreements1 2,682 0 2,682 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 285,804 18,084 112,826 8,618 17,820 22,139 9,639 35,065 6,927 4,412 7,659 10,387 32,229 Total loans and securities 293,235 18,438 116,516 8,794 18,169 22,571 9,840 35,765 7,122 4,563 7,832 10,600 33,020 Items in process of collection 6,978 372 900 476 282 534 671 760 202 452 392 396 1,542 Bank premises 1,020 89 140 44 35 125 57 112 29 32 52 158 147 Other assets3 31,063 1,242 10,016 1,148 1,827 2,099 2,485 3,716 759 741 1,073 2,192 3,765 Interdistrict settlement account 0 -985 -15,756 +2,594 +1,325 + 601 +1,485 -1,979 +3,233 +2,308 +3,244 +1,647 +2,285 TOTAL ASSETS 353,865 20,591 119,270 13,>61 22,971 27,927 15,391 41,022 11,983 8,483 13,283 15,957 43,225 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 $ 3.086 million was outstanding at the end of the latest statement week. 2 Net of $ 3,126 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 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 $ 74 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 16, 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 298,968 18,062 100,823 11,389 20,521 24,200 11,108 35,691 10,556 6,997 11,358 13,561 34,701 Deposits Depository institutions 31,743 1,833 6,634 1,649 1,736 2,555 2,932 3,604 1,014 859 1,279 1,454 6,194 U.S. Treasury--general account 7,881 0 7,881 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 501 5 403 6 8 9 13 17 3 4 5 11 18 Other 328 1 163 1 1 74 1 75 0 4 1 3 5 Total deposits 40,454 1,840 15,080 1,655 1,745 2,638 2,945 3,696 1,018 866 1,285 1,469 6,216 Deferred credit items 6,338 349 819 417 233 515 680 693 188 427 369 392 1,254 Other liabilities and accrued dividends1 1,807 111 666 57 110 140 70 221 74 30 51 73 202 TOTAL LIABILITIES 347,567 20,363 117,389 13,519 22,610 27,492 14,805 40,302 11,836 8,320 13,063 15,495 42,374 CAPITAL ACCOUNTS Capital paid in 2,972 104 869 116 170 205 287 338 69 79 105 224 406 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 674 27 241 21 30 59 57 61 12 15 15 27 109 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 353,865 20,591 119,270 13,761 22,971 27,927 15,391 41,022 11,983 8,483 13,283 15,957 43,225 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 357,784 21,933 118,784 13,279 22,811 29,184 15,868 38,947 12,442 7,863 12,835 16,658 47,180 Less—Held by F.R. Banks 58,816 3,870 17,961 1,890 2,290 4,985 4,759 3,256 1,886 866 1,477 3,097 12,478 F.R. notes, net 293,968 18,062 100,823 11,389 20,521 24,200 11,108 35,691 10,556 6,997 11,358 13,561 34,701 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 277,890 Total collateral 298,968 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