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 September 24, 1992 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Nednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Sep 23, 1992 Sep 16, 1992 Sep 25, 1991 Sep 23, 1992 Reserve Bank credit1 2 525,033 + 1,314 + 29,015 333,929 U.S. government securities Bought outright--system account 280,594 + 99 + 23,782 280,683 Held under repurchase agreements 5,901 + 1,735 + 5,028 14,303 Federal agency obligations Bought outright 5,534 0 - 620 5,534 Held under repurchase agreements 195 + 26 + 100 224 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 - 220 - 15 44 Seasonal credit 194 + 12 - 107 200 Extended credit 0 0 - 81 0 Float 518 - 581 - 26 177 Other F.R. assets 32,073 + 243 + 954 32,765 Gold stock 11,059 0 - 3 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,369 + 14 + 492 21,369 Total factors supplying reserve funds 367,480 + 1,328 +~ 29,505 376,376 Currency in circulation* 318,187 _ 1,801 + 24,490 317,752 Treasury cash holdings* 529 - 2 - 78 522 Deposits, other than reserve balances, with F.R. Banks Treasury 13,697 + 7,413 + 3,789 21,796 Foreign 297 + 40 + 80 310 Service-related balances and adjustments3 5,760 + 50 + 2,388 5,760 Other 289 - 4 + 44 256 Other F.R„ liabilities and capital 8,235 - 39 - 299 8,107 Total factors, other than reserve balances. absorbing reserve funds 346,994 + 5,657 + 30,414 354,503 Reserve balances with F.R. Banks4 20,486 - 4,329 - 909 21,873 On September 23, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 282,343 million, a change of - $ 9,154 million for the week. 1 Net of $ 5,941 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,941 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,342 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,342 million was with foreign official and international accounts. Includes $ 125 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 5,608 million and adjustments of $ 152 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 Wednesday Wednesday ** Sep 23, 1992 Sep 16, 1992 Sep 25, 1991 ASSETS Gold certificate account 11,059 - 1 - 3 Special drawing rights certificate account 10,018 0 0 Coin 498 • 6 - 75 - - Loans 244 1,345 111 Acceptances 0 o 0 Federal agency obligations Bought outright 5,534 0 - 620 Held under repurchase agreements1 224 - 83 + 224 U.S. government securities Bought outright—Bills 135,072 - 3,090 • 8,696 Notes 112,026 + 650 + 13,655 Bonds 33,584 1 0 + 1,971 Total bought outright2 280,683 j - 2,440 • 24,321 Held under repurchase agreements1 14,303 + 11,621 • 14,303 Total U.S. government securities 294,986 + 9,181 + 38,624 Total loans and securities 300,988 + 7,753 • 38,118 Items in process of collection (536) 5,426 - 929 + 433 Bank premises 1,019 - 1 + 65 Other assets3 31,673 + 610 + 929 TOTAL ASSETS (536) 360,681 + 7,439 + 39,467 LIABILITIES Federal Reserve notes 297,402 - 1,566 + 23,677 Deposits Depository institutions 28,171 - 3,572 - 828 U.S. Treasury—general account 21,796 • 13,915 • 16,472 Foreign--official accounts 310 - 191 + 68 Other 256 - 73 - 29 Total deposits 50,533 + 10,080 + 15,683 Deferred availability cash items (536) 4,637 - 1,078 + 289 Other liabilities and accrued dividends4 1,814 + 7 - 926 TOTAL LIABILITIES (536) | 354,387 + 7,443 + 38,722 CAPITAL ACCOUNTS Capital paid in 2,974 + 2 + 408 Surplus 2,652 0 + 228 Other capital accounts 669 - 5 + 108 * 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 $ 6,342 million matched safe-purchase transactions outstanding at the end of the latest statement week. Includes $ 125 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 $ 80 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, SEPTEMBER 23, 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 211 0 WWiitthhiinn 1155 ddaayyss 2277,,225511 • 8,188 475 83 16 days to 90 days 33 0 1166 ddaayyss ttoo 9900 ddaayyss 6677,,665522 + 3,172 715 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8877,,110088 2,829 1,223 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6699,,117799 + 650 2,454 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1177,,116655 0 737 0 OOvveerr 1100 yyeeaarrss 2266,,663311 0 154 0 Total 244 0 TToottaall 229944,,998866 + 9,181 5,758 83 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 23, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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 498 19 13 39 32 97 49 44 29 15 28 38 96 Loans 244 24 0 9 0 0 14 18 59 69 29 14 8 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 224 0 224 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 135,072 8,627 52,548 4,111 8,502 10,562 4,598 16,729 3,305 2,105 3,654 4,955 15,376 Notes 112,026 7,155 43,582 3,410 7,051 8,760 3,814 13,874 2,741 1,746 3,030 4,110 12,753 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 280,683 17,928 109,195 8,543 17,667 21,948 9,556 34,763 6,868 4,374 7,593 10,297 31,952 Held under repurchase agreements1 14,303 0 14,303 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 294,986 17,928 123,498 8,543 17,667 21,948 9,556 34,763 6,868 4,374 7,593 10,297 31,952 Total loans and securities 300,988 18,306 125,875 8,721 18,015 22,381 9,757" 35,466 7,062 4,530 7,772 10,514 32,589 Items in process of collection 5,962 387 676 349 238 422 590 667 198 362 385 413 1,275 Bank premises 1,019 89 140 44 35 125 57 112 29 32 52 158 146 Other assets3 31,673 1,260 10,495 1,159 1,853 2,125 2,496 3,751 753 748 1,083 2,204 3,746 Interdistrict settlement account 0 -1,408 -13,902 +2,545 + 706 +313 +1,562 -3,002 +3,692 +2,164 +3,350 +1,681 +2,299 TOTAL ASSETS 361,217 20,068 130,738 13,523 22,182 27,365 15,318 39,644 12,373 8,218 13,333 15,934 42,523 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 $ 6,342 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 125 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 $ 80 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 23, 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 297,402 17,939 98,548 11,341 20,243 24,243 11,456 35,120 11,041 7,021 11,844 13,347 35,259 Deposits Depository institutions 28,171 1,474 6,856 1,510 1,242 2,099 2,606 2,983 976 660 872 1,686 5,206 U.S. Treasury—general account 21,796 0 21,796 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 310 5 212 6 8 9 13 17 3 4 5 11 18 Other 256 1 111 1 3 45 1 83 0 4 2 1 4 Total deposits 50,533 "I 1,480 28,976 1,517 1,253 2,153 2,619 3,083 980 667 879 1,698 5,228 Deferred credit items 5,173 312 621 366 214 393 578 507 162 339 340 354 987 Other liabilities and accrued dividends1 1,814 109 717 57 108 136 79 215 43 29 50 73 198 TOTAL LIABILITIES 354,923 19,840 128,862 13,281 21,819 26,926 14,732 38,925 12,226 8,056 13,113 15,472 41,671 CAPITAL ACCOUNTS Capital paid in 2,974 104 870 116 170 205 287 338 69 79 105 224 406 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 669 26 235 21 31 63 56 60 12 14 15 26 110 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 361,217 20,068 130,738 13,523 22,182 27,365 15,318 39,644 12,373 8,218 13,333 15,934 42,523 FEDERAL^RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 357,903 21,810 117,333 13,322 22,632 29,304 16,449 38,684 13,048 7,866 13,301 16,732 47,420 Less—Held by F.R. Banks 60,500 3,871 18,785 1,981 2,389 5,061 4,994 3,564 2,007 846 1,457 3,385 12,162 F.R. notes, net 297,402 17,939 98,548 11,341 20,243 24,243 11,456 35,120 11,041 7,021 11,844 13,347 35,259 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 276,326 Total collateral 297,402 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