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 November 5, 1992 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 4, 1992 Oct 28, 1992 Nov 6, 1991 Nov 4, 1992 Reserve Bank credit1 2 323,493 + 2,725 + 23,093 326,144 U.S. government securities Bought outright—system account 285,693 + 3,788 + 25,526 288,095 Held under repurchase agreements 0 - 1,147 - 1,245 0 Federal agency obligations Bought outright 5,534 0 - 606 5,534 Held under repurchase agreements 0 - 7& - 3 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 21 - 16 + 3 7 Seasonal credit 63 - 23 - 41 48 Extended credit 0 0 0 0 Float 984 + 971 + 210 1,156 Other F.R. assets 31,197 - 771 - 751 31,304 Gold stock 11,060 0 0 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,412 + 14 + 472 21,412 Total factors supplying reserve funds 365,982 _ 2,739 _ 23,566 368,633 Currency in circulation* 320,860 + 892 + 23,951 321,861 Treasury cash holdings* 505 - 4 - 126 501 Deposits, other than reserve balances, with F.R. Banks Treasury 5,622 + 431 - 2,286 6,940 Foreign 457 + 55 + 242 542 Service-related balances and adjustments3 6,041 + 207 + 2,545 6,041 Other 304 + 39 + 78 280 Other F.R. liabilities and capital 7,435 - 807 - 908 7,329 Total factors, other than reserve balances, absorbing reserve funds 341,224 + 812 + 23,496 343,495 Reserve balances with F.R. Banks4 24,758 + 1,927 + 70 25,138 On November 4, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 292,965 million, a change of + $ 8.419 million for the week. 1 Net of $ 5,953 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,953 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,551 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,551 million was with foreign official and international accounts. Includes $ 243 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,617 million and adjustments of $ 425 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 Wednesday Wednesday Wednesday Nov 4, 1992 Oct 28, 1992 Nov 6, 1991 ASSETS Gold certificate account 11,059 0 0 Special drawing rights certificate account 10,018 0 0 Coin 515 1 62 Loans 54 49 39 Acceptances 0 0 0 Federal agency obligations Bought outright 5,534 0 606 Held under repurchase agreements1 0 130 0 U.S. government securities Bought outright—Bills 141,935 6,091 9,789 Notes 112,576 0 14,105 Bonds 33,584 0 1,971 Total bought outright2 288,095 6,091 25,864 Held under repurchase agreements1 0 521 0 Total U.S. government securities 288,095 5,570 25,864 Total loans and securities 293,683 5,391 25,220 Items in process of collection (638) 6,852 2,061 768 Bank premises 1,024 1 59 Other assets3 30,365 648 1,193 TOTAL ASSETS (638) 353,517 6,803 24,792 LIABILITIES Federal Reserve notes 301,466 1,605 23,282 Deposits Depository institutions 31,077 2,916 609 U.S. Treasury—general account 6,940 1,912 773 Foreign—official accounts 542 43 336 Other 280 17 65 Total deposits 38 ,839 4,767 + 1,783 Deferred availability cash items (638) 5 ,883 1,182 + 608 Other liabilities and accrued dividends4 1 ,763 10 - 997 TOTAL LIABILITIES (638) 347,950 7,565 24,677 CAPITAL ACCOUNTS Capital paid in 3,040 34 416 Surplus 2,500 152 77 Other capital accounts 26 645 377 * 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 $ 2,634 million was outstanding at the end of the latest statement week. 2 Net of $ 3,551 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 243 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. 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, NOVEMBER 4, 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 17 0 WWiitthhiinn 1155 ddaayyss 2200,,222244 + 8,557 0 244 16 days to 90 days 38 0 1166 ddaayyss ttoo 9900 ddaayyss 6611,,339922 5,858 951 + 108 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9933,,886644 + 3,527 1,204 + 6 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6688,,997700 657 2,503 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1177,,001144 0 722 0 OOvveerr 1100 yyeeaarrss 2266,,663311 0 154 0 Total 54 0 TToottaall 228888,,009955 + 5,570 5,534 130 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 NOVEMBER 4, 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 515 22 14 42 28 102 50 41 29 18 35 37 97 Loans 54 1 0 3 0 0 2 1 15 15 11 6 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 141,935 9,066 55,217 4,320 8,934 11,099 4,832 17,579 3,473 2,212 3,840 5,207 16,157 Notes 112,576 7,191 43,796 3,427 7,086 8,803 3,833 13,943 2,754 1,754 3,045 4,130 12,815 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 288,095 18,401 112,079 8,769 18,133 22,528 9,808 35,681 7,049 4,490 7,793 10,569 32,795 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 288,095 18,401 112,079 8,769 18,133 22,528 9,808 35,681 7,049 4,490 7,793 10,569 32,795 Total loans and securities 293,683 18,756 114,231 8,940 18,482 22,960 9,998 36,368 7,199 4,591 7,954 10,778 33,426 Items in process of collection 7,490 402 1,093 499 225 582 800 669 250 432 415 638 1,486 Bank premises 1,024 89 141 44 35 126 57 112 29 32 52 161 146 Other assets3 30,365 1,249 9,463 1,124 1,802 2,142 2,387 3,950 734 719 1,047 2,114 3,634 Interdistrict settlement account 0 -1,262 -18,323 +2,427 + 925 + 275 +3,187 -3,359 +4,835 +2,098 +4,485 +1,934 +2,777 TOTAL ASSETS 354,155 20,671 114,060 13,742 22,799 28,089 17,286 40,387 13,686 8,257 14,652 16,588 43,938 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 $ 2,634 million was outstanding at the end of the latest statement week. 2 Net of $ 3,551 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 243 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 NOVEMBER 4, 1992 Millions of dollars Total 1 Boston r j New York Philadelphia Cleveland Richmond Atlanta , Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 301,466 18,315 98,321 11,323 20,472 24,680 11,838 35,247 12,072 6,983 13,047 13,349 35,819 Deposits Depository institutions 31,077 1,682 5,206 1,680 1,656 2,327 4,135 3,545 1,246 673 958 2,289 5,680 U.S. Treasury—general account 6,940 0 6,940 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 542 5 443 6 8 9 13 17 3 4 5 11 18 Other 230 1 114 1 1 59 2 91 0 4 2 1 5 Total deposits 38,839 1,687 12,704 1,687 1,665 2,395 4,149 3,653 1,250 680 965 2,301 5,702 Deferred credit items 6,521 352 712 462 228 490 724 627 194 425 400 473 1,436 Other liabilities and accrued dividends1 1,763 112 658 58 108 141 69 220 42 28 52 74 199 TOTAL LIABILITIES 348,588 20,466 112,395 13,530 22,473 27,706 16,780 39,747 13,558 8,117 14,464 16,196 43,156 CAPITAL ACCOUNTS Capital paid in 3,040 104 880 117 174 209 288 344 69 79 106 226 444 Surplus 2,500 93 771 95 152 171 217 295 56 61 82 166 336 Other capital accounts 26 3 14 0 0 4 0 0 2 0 0 0 3 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 354,155 20,671 114,060 13,742 22,799 28,089 17,286 40,387 13,686 8,257 14,652 16,588 43,938 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 357,439 21,717 115,317 13,174 22,725 30,153 16,692 38,713 13,810 7,776 14,261 16,492 46,608 Less--Held by F.R. Banks 55,974 3,402 16,996 1,851 2,253 5,473 4,854 3,466 1,739 793 1,213 3,143 10,789 F.R. notes, net 301,466 18,315 98,321 11,323 20,472 24,680 11,838 35,247 12,072 6,983 13,047 13,349 35,819 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 280,389 Total collateral 301,466 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