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 19, 1992 Millions of dollars Averages o f daily fag ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change fron week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 18, 1992 Nov 11, 1992 Nov 20, 1991 Nov 18, 1992 Reserve Bank credit1 2 327,908 + 1,199 + 28,154 322,032 U.S. government securities Bought outright--system account 286,364 + 1,296 + 23,899 286,719 Held under repurchase agreements 4,402 + 96 + 4,402 150 Federal agency obligations Bought outright 5,534 0 - 605 5,534 Held under repurchase agreements 177 - 111 + 177 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 49 + 44 + 35 155 Seasonal credit 39 - 4 - 53 39 Extended credit 0 0 - 1 0 Float 662 + 356 + 42 138 Other F.R. assets 30,682 - 477 + 259 29,297 Gold stock 11,059 0 + 1 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,440 + 14 + 479 21,440 Total factors supplying reserve funds 370,425 _ 1,213 + 28,634 364,549 Currency in circulation* 324,972 + 1,823 + 25,690 325,155 Treasury cash holdings* 500 - CSJ - 134 490 Deposits, other than reserve balances, with F.R. Banks Treasury 5,184 - 65 - 411 6,504 Foreign 247 - 135 + SS 162 Service-related balances and adjustments3 6,035 + 304 + 2,275 6,034 Other 301 + 7 + 73 288 Other F.R. liabilities and capital 7,887 + 354 - 545 7,903 Total factors, other than reserve balances, absorbing reserve funds 345,127 + 2,287 + 27,007 346,537 Reserve balances with F.R. Banks4 25,299 - 1,074 + 1,627 18,012 On November 18, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 292,312 million, a change of - $ 5,316 million for the week. 1 Net of $ 5,948 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of v/hich a net of $ 5,948 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,053 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,053 million was with foreign official and international accounts. Includes $ 306 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5.683 million and adjustments of $ 352 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 ** HHeeddnneessddaayy Wednesday Wednesday Nov 18, 1992 Nov 11, 1992 Nov 20, 1991 ASSETS Gold certificate account 11,059 - 1 • 1 Special drawing rights certificate account 10,018 0 0 Coin 517 + 6 - 51 Loans 194 + 148 + 97 Acceptances 0 0 0 Federal agency obligations Bought outright 5,534 0 - 605 Held under repurchase agreements1 0 - 533 0 U.S. government securities Bought outright—Bills 139,709 + 555 + 9,220 Notes 113,026 + 200 + 13,955 Bonds 33,984 + 400 + 2,221 Total bought outright2 286,719 + 1,155 + 25,396 Held under repurchase agreements1 115500 - 4,538 ++ 150 Total U.S. government securities 228866,,886699 - 3,383 ++ 25,546 Total loans and securities 292,597 - 3,768 + 25,037 - - Items in process of collection (604) 5,741 1,744 307 Bank premises 1,028 + 2 + 58 Other assets3 2288,,336688 - 2,205 1,430 TOTAL ASSETS ((660044)) 334499,,332288 - 7,711 ++ 23,307 LIABILITIES Federal Reserve notes 304,722 + 752 + 25,183 Deposits Depository institutions 24,312 - 8,322 - 3,114 U.S. Treasury—general account 6,504 + 1,116 + 1,127 Foreign—official accounts 162 - 103 - 23 Other 288 - 16 • 77 Total deposits 31,267 - 7,325 - 1,933 Deferred availability cash items (603) 5,436 - 1,396 + 391 Other liabilities and accrued dividends'* 11,,777766 1122 - 807 TOTAL LIABILITIES ((660044 II 334433,,220011 ~~ 77,,998800 + 22,834 CAPITAL ACCOUNTS Capital paid in 3,022 + 2 + 389 Surplus 2,626 + 40 • 203 Other capital accounts 478 + 228 - 119 * 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 $ 6,053 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 306 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 $ 85 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 18, 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 rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 193 0 WWiitthhiinn 1155 ddaayyss 1144,,331111 2,625 458 195 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 6699,,113355 + 2,326 568 263 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9911,,887777 1,766 1,129 75 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6677,,006622 2,159 2,503 0 OO^^eerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1177,,662277 + 613 722 0 OOvveerr 1100 yyeeaarrss 2266,,885588 + 227 154 0 Total 194 0 TToottaall 228866,,886699 3,383 5,534 533 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 18, 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 517 21 16 39 27 102 50 43 28 18 35 36 103 Loans 194 2 0 1 0 0 0 7 9 11 12 3 150 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 139,709 8,924 54,351 4,252 8,794 10,925 4,756 17,303 3,418 2,177 3,779 5,125 15,904 Notes 113,026 7,219 43,971 3,440 7,114 8,838 3,848 13,998 2,765 1,761 3,058 4,146 12,866 Bonds 33,984 2,171 13,221 1,034 2,139 2,657 1,157 4,209 832 530 919 1,247 3,869 Total bought outright2 286,719 18,314 111,543 8,727 18,047 22,420 9,761 35,510 7,015 4,468 7,756 10,519 32,639 Held under repurchase agreements1 150 0 150 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 286,869 18,314 111,693 8,727 18,047 22,420 9,761 35,510 7,015 4,468 7,756 10,519 32,639 Total loans and securities 292,597 18,669 113,846 8,896 18,395 22,853 9,950 36,202 7,160 4,566 7,917 10,725 33,419 Items in process of collection 6,345 338 619 460 404 522 715 568 255 394 384 424 1,262 Bank premises 1,028 89 141 44 35 127 57 112 29 33 52 164 146 Other assets3 28,368 1,130 8,835 1,071 1,690 2,003 2,329 3,451 689 690 1,000 2,049 3,432 Interdistrict settlement account 0 -1,367 -17,685 +2,016 +1,345 + 767 +2,623 -3,254 +5,090 +2,098 +4,693 +1,624 +2,051 TOTAL ASSETS 349,932 20,296 113,211 13,192 23,199 28,276 16,529 39,728 13,861 8,166 14,743 15,947 42,784 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 $ 6,053 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 306 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 $ 85 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 18, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis I Minneapolis Dallas L City Francisco LIABILITIES Federal Reserve notes 304,722 18,433 100,016 11,348 21,133 24,679 11,863 35,730 12,408 6,989 13,097 13,412 35,615 Deposits Depository institutions 24,312 1,175 3,247 1,141 1,376 2,490 3,323 2,386 1,070 538 1,018 1,635 4,864 U.S. Treasury—general account 6,504 0 6,504 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 162 5 63 6 8 9 13 17 3 4 5 11 18 Other 288 0 105 2 1 55 1 86 0 5 3 25 5 Total deposits 31,267 1,180 9,919 1,148 1,385 2,554 3,337 2,483 1,074 597 1,026 1,671 4,886 Deferred credit items 6,040 350 756 407 209 475 730 571 194 401 363 395 1,187 Other liabilities and accrued dividends1 1,776 107 650 57 106 139 69 216 42 29 51 73 238 TOTAL LIABILITIES 343,805 20,070 111,341 12,960 22,832 27,846 16,000 39,005 13,718 8,016 14,537 15,551 41,927 CAPITAL ACCOUNTS Capital paid in 3,022 104 880 117 174 209 289 345 69 79 106 204 445 Surplus 2,626 98 771 105 161 171 240 321 66 70 99 189 336 Other capital accounts 478 24 219 9_ 31 50 0 56 8_ 1_ 1_ 3 76 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 349,932 20,296 113,211 13,192 23,199 28,276 16,529 39,728 13,861 8,166 14,743 15,947 42,784 FEDERAL RESERVE~AGENTS' ACCOUNTS F.R. notes outstanding 358,494 21,700 115,743 13,082 23,269 30,177 16,671 39,014 14,043 7,826 14,480 16,481 46,009 Less—Held by F.R. Banks 53,772 3,267 15,727 1,734 2,137 5,499 4,808 3,284 1,635 837 1,382 3,069 10,393 F.R. notes? net 304,722 18,433 100,016 11,348 21,133 24,679 11,863 35,730 12,408 6,939 13,097 13,412 35,615 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 283,645 Total collateral 304,722 i 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