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 December 3, 1992 Millions of dollars Averac ies of daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change froiTi week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 2, 1992 Nov 25, 1992 Dec 4, 1991 Dec 2, 1992 Reserve Bank credit1 2 330,253 • 280 • 23,358 329,670 U.S. government securities Bought outright—system account 292,902 + 1,074 • 27,323 293,076 Held under repurchase agreements 1,301 - 791 - 412 1,415 Federal agency obligations Bought outright 5,534 0 - 555 5,534 Held under repurchase agreements 63 - 59 + 55 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 134 - 19 • 101 11 Seasonal credit 26 - 8 - 20 22 Extended credit 0 0 - 1 0 Float 686 4- 351 - 529 297 Other F.R. assets 29,607 - 269 - 2,603 29,315 Gold stock 11,059 0 0 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,468 • 14 • 486 21,468 Total factors supplying reserve funds 372,798 _ 294 _ 23,845 372,215 Currency in circulation* 327,308 • 1,674 • 25,127 327,714 Treasury cash holdings* 525 • 30 - 111 522 Deposits, other than reserve balances, with F.R. Banks Treasury 5,602 - 186 - 319 4,760 Foreign 183 - 16 - 118 167 Service-related balances and adjustments3 6,069 •f 300 + 2,038 6,070 Other 292 + 8 + 71 294 Other F.R. liabilities and capital 7,984 - 193 - 1,943 7,552 Total factors, other than reserve balances, absorbing reserve funds 347,963 + 1,617 + 24,746 347,080 Reserve balances with F.R. Banks4 24,835 - 1,323 - 901 25,135 On December 2,1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 289,879 million, a change of + $ 4,601 million for the week. 1 Net of $ 6,508 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,508 miliion was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,677 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,677 million was with foreign official and international accounts. Includes $ 50 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,685 million and adjustments of $ 384 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. ** Estimated data ( Philadelphia District) 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 Dec 2, 1992 Nov 25, 1992 Dec 4, 1991 ASSETS Gold certificate account 11,059 0 0 Special drawing rights certificate account 10,018 0 0 Coin 476 - 19 — 75 Loans 35 - 852 - 16 Acceptances 0 0 0 Federal agency obligations Bought outright 5,554 0 - 555 Held under repurchase agreements1 0 0 - 10 U.S. government securities Bought outright—Bills 140,160 • 756 • 6,725 Notes 117,879 0 • 16,659 Bonds 55,057 0 • 2,706 Total bought outright2 295,076 •f 756 • 26,088 Held under repurchase agreements1 1,415 • 1,072 •¥ 608 Total U.S. government securities 294,491 + 1,808 • 26,696 Total loans and securities 500,058 + 977 • 26,115 Items in process of collection (612) 6,452 + 254 - 55 Bank premises 1,029 + 1 + 55 Other assets3 2288,,229911 - 511 5,256 TOTAL ASSETS ((661122)) 555577,,558844 + 701 44~~~~ 22,805 LIABILITIES Federal Reserve notes 507,244 + 659 • 25,878 Deposits Depository institutions 51,484 + 1,276 - 828 U.S. Treasury—general account 4,760 - 1,514 • 1,551 Foreign—official accounts 167 - 18 - 56 Other 294 + 16 • 86 Total deposits 56,706 - 41 + 555 Deferred availability cash items (612) 5,882 + 619 + 770 Other liabilities and accrued dividends* 11,,881188 4455 - 1,060 TOTAL LIABILITIES ((661122)) 555511,,664499 ++ 11,,119944 • 24,141 CAPITAL ACCOUNTS Capital paid in 5,029 + 1 • 584 Surplus 2,542 - 87 + 119 Other capital accounts 164 - 408 - 1,840 * 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 $ 6,677 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 $ 67 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. ** Estimated data ( Philadelphia District) MATURITY DISTRIBUTION OF LOANS AND SECURITIES, DECEMBER 2, 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 Meekly Neekly Holdings Holdings changes changes Nithin 15 days 14 0 HHiitthhiinn 1155 ddaayyss 15,981 + 3,851 55 558 16 days to 90 days 19 0 1166 ddaayyss ttoo 9900 ddaayyss 68,541 1,154 886 • 375 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 95,604 + 100 1,109 20 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 69,757 627 2,608 15 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 18,805 0 722 0 OOvveerr 1100 yyeeaarrss 27,805 0 154 0 Total 55 0 TToottaall 294,491 + 2,151 5,554 0 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 DECEMBER 2, 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 476 19 14 33 26 98 43 35 26 17 35 32 100 Loans 33 1 0 3 0 0 0 5 5 10 6 0 4 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 140,160 8,952 54,527 4,266 8,822 10,960 4,772 17,359 3,429 2,184 3,792 5,142 15,955 Notes 117,879 7,529 45,859 3,588 7,420 9,218 4,013 14,599 2,884 1,837 3,189 4,324 13,419 Bonds 35,037 2,238 13,631 1,066 2,205 2,740 1,193 4,339 857 546 948 1,285 3,988 Total bought outright2 293,076 18,720 114,016 8,920 18,447 22,917 9,977 36,298 7,171 4,568 7,928 10,752 33,362 Held under repurchase agreements1 1,415 0 1,415 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 294,491 18,720 115,431 8,920 18,447 22,917 9,977 36,298 7,171 4,568 7,928 10,752 33,362 Total loans and securities 300,058 19,074 117,584 9,092 18,795 23,350 10,166 36,987 7,311 4,664 8,084 10,955 33,996 Items in process of collection 7,064 362 747 497 162 543 764 663 321 488 417 654 1,447 Bank premises 1,029 89 141 44 35 127 57 112 29 33 52 165 146 Other assets3 28,291 1,156 8,883 1,057 1,687 2,036 2,269 3,416 692 679 987 2,003 3,428 Interdistrict settlement account 0 -1,635 -20,055 +2,377 +1,618 + 786 +3,937 -3,157 +5,112 +2,463 +4,791 +1,636 +2,126 TOTAL ASSETS 357,996 20,481 114,753 13,766 23,626 28,841 18,042 40,662 14,102 8,710 15,028 16,371 43,615 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 $ 6,677 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 $ 67 million In Treasury bills maturing within 90 days. Components may not add to totals due to rounding. ** Estimated data ( Philadelphia District) 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 DECEMBER 2, 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 307,244 18,341 100,362 11,198 21,438 24,996 12,557 35,543 12,727 7,230 13,257 13,932 35,661 Deposits Depository institutions 31,484 1,454 6,321 1,864 1,527 2,780 4,090 3,516 914 882 1,130 1,515 5,489 U.S. Treasury—general account 4,760 0 4,760 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 167 5 69 6 8 9 13 17 3 4 5 11 18 Other 294 1 135 2 1 47 1 68 0 4 4 26 5 Total deposits 36,705 1,460 11,286 1,872 1,536 2,836 4,104 3,601 918 890 1,139 1,552 5,512 Deferred credit items 6,494 350 702 413 208 467 815 630 275 418 380 442 1,393 Other liabilities and accrued dividends1 1,818 114 691 59 111 141 70 229 43 29 54 76_ 202 TOTAL LIABILITIES 352,261 20,264 113,042 13,542 23,293 28,440 17,546 40,003 13,963 8,567 14,830 16,002 42,768 CAPITAL ACCOUNTS Capital paid in 3,029 108 880 117 175 209 289 346 70 79 106 204 445 Surplus 2,542 98 771 105 158 171 206 312 66 64 91 165 336 Other capital accounts 164 10 60 1^ 0_ 22 0_ 0_ 3_ 0_ 0_ 0_ 67 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 357,996 20,481 114,753 13,766 23,626 28,841 18,042 40,662 14,102 8,710 15,028 16,371 43,615 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 360,239 21,537 115,830 13,148 23,459 30,080 17,167 38,978 14,350 8,013 14,603 16,945 46,129 Less—Held by F.R. Banks 52,995 3,196 15,468 1,949 2,021 5,084 4,609 3,434 1,623 783 1,346 3,012 10,468 F.R. notes> net 307,244 18,341 100,362 11,198 21,438 24,996 12,557 35,543 12,727 7,230 13,257 13,932 35,661 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 286,167 Total collateral 307,244 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. ** Estimated data ( Philadelphia District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis