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 12, 1992 Millions of dollars Averages of daily fi gures Reserve balances of depository institutions at Week ended Change frorr week ended Wednesday F.R. Banks, Reserve Bank credit, and related items Nov 11, 1992 Nov 4, 1992 Nov 13, 1991 Nov 11, 1992 Reserve Bank credit1 2 326,745 + 3,252 + 24,394 328,498 U.S. government securities Bought outright—system account 285,068 - 625 + 24,507 285,564 Held under repurchase agreements 4,306 + 4,306 + 1,586 4,688 Federal agency obligations Bought outright 5,534 0 - 606 5,534 Held under repurchase agreements 288 + 288 + 244 533 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 5 - 16 - 5 6 Seasonal credit 43 - 20 - 50 41 Extended credit 0 0 - 3 0 Float 343 - 641 - 146 653 Other F.R. assets 31,157 - 40 - 1,133 31,479 Gold stock 11,059 0 + 1 11,060 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,426 + 14 + 476 21,426 Total factors supplying reserve funds 369,248 _ 3,266 + 24,871 371,002 Currency in circulation* 323,149 + 2,289 + 24,121 324,384 Treasury cash holdings* 501 - 3 - 131 501 Deposits, other than reserve balances, with F.R. Banks Treasury 5,250 - 373 - 582 5,388 Foreign 382 - 75 + 204 264 Service-related balances and adjustments3 5,731 - 310 + 1,969 5,731 Other 294 - 10 + 86 304 Other F.R. liabilities and capital 7,533 + 98 - 900 7,645 Total factors, other than reserve balances, absorbing reserve funds 342,840 + 1,616 + 24,767 344,219 Reserve balances with F.R. Banks4 26,408 + 1,650 + 104 26,783 On November 11, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 297,628 million, a change of + $ 4.663 million for the week. 1 Net of $ 6,649 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,649 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 6.332 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,332 million was with foreign official and international accounts. Includes $ 340 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,617 million and adjustments of $ 114 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 Wednesday Wednesday Nov 11, 1992 Nov 4, 1992 Nov 13, 1991 ASSETS Gold certificate account 11,060 0 + 1 Special drawing rights certificate account 10,018 0 0 Coin 511 ~ 5 - 58 Loans 46 - 8 - 75 Acceptances 0 0 0 Federal agency obligations Bought outright 5,534 0 - 605 Held under repurchase agreements1 533 + 533 + 425 U.S. government securities Bought outright—Bills 139,154 - 2,781 + 6,574 Notes 112,826 + 250 + 14,005 Bonds 33,584 00 ++ 1,971 Total bought outright2 285,564 ~~ZZ 22,,553311 ++ 22,549 Held under repurchase agreements1 44,,668888 + 4,688 - 4,412 Total U.S. government securities 229900,,225522 + 2,157 + 18,137 Total loans and securities 296,365 + 2,682 + 17,882 - Items in process of collection (822) 7,485 + 633 2,287 Bank premises 1,026 + 2 + 57 Other assets3 3300,,557733 + 208 1,953 TOTAL ASSETS ((882222)) 335577,,003399 + 3,521 11 ++ 13,643 LIABILITIES Federal Reserve notes ! 303,970 + 2,505 I + 24,095 Deposits Depository institutions 32,634 + 1,557 - 9,927 U.S. Treasury—general account 5,388 - 1,552 + 1,110 Foreign—official accounts 264 - 277 1 + 74 Other 304 + 24 + 91 Total deposits 38,591 - 248 - 8,652 Deferred availability cash items (822) 6,832 * 949 - 1,006 Other liabilities and accrued dividends* 1,788 + 25 - 1,001 TOTAL LIABILITIES (822) 351,182 + 3,231 + 13,436 CAPITAL ACCOUNTS Capital paid in 3,021 - 20 + 389 Surplus 2 ,586 + 86 + 163 Other capital accounts 250 + 224 - 345 * 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 $ 6,332 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 340 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 11, 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 19 0 WWiitthhiinn 1155 ddaayyss 1166,,993366 3,289 653 + 653 16 days to 90 days 28 0 1166 ddaayyss ttoo 9900 ddaayyss 6666,,880099 + 5,417 831 120 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9933,,664433 221 1,204 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6699,,222200 + 250 2,503 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1177,,001144 0 722 0 OOvveerr 1100 yyeeaarrss 2266,,663311 0 154 0 Total 46 0 TToottaall 229900,,225522 + 2,157 6,067 + 533 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 11, 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 11,060 705 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 511 21 15 41 26 102 49 41 28 18 34 36 99 Loans 46 1 0 3 0 0 0 1 11 11 11 6 2 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 533 0 533 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 139,154 8,888 54,135 4,235 8,759 10,881 4,737 17,234 3,405 2,169 3,764 5,105 15,841 Notes 112,826 7,207 43,893 3,434 7,101 8,822 3,841 13,974 2,761 1,758 3,052 4,139 12,844 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 285,564 18,240 111,094 8,692 17,974 22,330 9,722 35,367 6,987 4,450 7,725 10,476 32,507 Held under repurchase agreements1 4,688 0 4,688 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 290,252 18,240 115,782 8,692 17,974 22,330 9,722 35,367 6,987 4,450 7,725 10,476 32,507 Total loans and securities 296,365 18,594 118,468 8,864 18,322 22,762 9,910 36,053 7,133 4,548 7,886 10,685 33,140 Items in process of collection 8,307 431 1,022 575 444 613 970 714 318 598 519 511 1,589 Bank premises 1,026 89 141 44 35 126 57 112 29 32 52 164 146 Other assets3 30,573 1,261 9,779 1,131 1,855 2,157 2,409 3,687 741 723 1,053 2,119 3,659 Interdistrict settlement account 0 -755 -22,683 +2,885 +2,131 + 936 +3,294 -2,737 +4,978 +2,071 +4,894 +2,210 +2,776 TOTAL ASSETS 357,861 21,057 114,182 14,206 24,116 28,598 17,495 40,477 13,838 8,358 15,102 16,651 43,781 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 $ 6,332 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 340 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 11, 1992 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 303,970 18,508 99,025 11,469 20,976 24,807 12,047 35,571 12,190 6,995 13,179 13,350 35,855 Deposits Depository institutions 32,634 1,801 6,079 1,871 2,374 2,545 4,040 3,233 1,202 690 1,193 2,236 5,371 U.S. Treasury—general account 5,388 0 5,388 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 264 5 166 6 8 9 13 17 3 4 5 11 18 Other 304 1 115 1 1 57 1 91 0 4 3 27 4 Total deposits 38,591 1,807 11,748 1,877 2,383 2,612 4,054 3,341 1,206 697 1,201 2,274 5,393 Deferred credit items 7,654 412 916 582 305 635 807 674 265 492 474 572 1,520 Other liabilities and accrued dividends1 1,788 109 694 58 108 140 71 216 42 29 53 75 195 TOTAL LIABILITIES 352,003 20,835 112,382 13,986 23,771 28,194 16,979 39,802 13,703 8,213 14,906 16,270 42,962 CAPITAL ACCOUNTS Capital paid in 3,021 104 880 117 175 209 289 345 69 79 106 204 444 Surplus 2,586 98 771 103 161 171 227 321 66 65 90 177 336 Other capital accounts 250 20 149 0_ 8^ 25 0 9 0_ 0 0 0 39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 357,861 21,057 114,182 14,206 24,116 28,598 17,495 40,477 13,838 8,358 15,102 16,651 43,781 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 357,775 21,715 115,490 13,131 23,068 30,285 16,622 38,761 13,800 7,754 14,389 16,447 46,312 Less—Held by F.R. Batiks 53,805 3,207 16,465 1,662 2,093 5,478 4,575 3,190 1,610 775599 11,,221111 33,,009977 10,457 F.R. notes, net 303,970 18,508 99,025 11,469 20,976 24,807 12,047 35,571 12,190 66,,999955 1133,,117799 1133,,335500 35,855 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 282,893 Total collateral 303,970 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