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. ••f**LRttf; H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 24, 1992 Millions of dollars Averac tes of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Nednesclay FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Dec 23, 1992 Dec 16, 1992 Dec 25, 1991 Dec 23, 1992 Reserve Bank credit1 z 338,799 4 5,061 4 23,852 347,512 U.S. government securities Bought outright—system account 296,138 • 1,209 4 29,699 296,066 Held under repurchase agreements 6,119 4 4,254 - 1,635 13,132 Federal agency obligations Bought outright 5,450 - 35 - - 640 5,450 Held under repurchase agreements 103 4 103 - 170 277 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 59 4 39 - 79 87 Seasonal credit 20 4 2 - 19 19 Extended credit 1 - 2 0 0 Float 941 - 761 • 211 2,291 Other F.R. assets 29 ? 969 4 253 - 3,514 30,190 Sold stock 11,057 - 1 - 2 11,056 Special drawing rights certi "*Ciate account 8,018 - 286 - 2,000 8,018 Treasury currency outstand **».:* 21,475 4 14 4 467 21,475 Total factors supplying reserve funds 379,349 _ 4,789 __+_ 22,318 388,062""" Currency in circulation* 331,187 4 2,017 4 25,518 '533,221 Treasury cash holdings* 512 - S - 119 510 Deposits other than reserve balances, with F.R. Banks ? Treasury 7,764 • 2,763 - 1,958 6, £68 Foreign 220 4 17 - 75 1 78 Service-related balances and adjustments3 5,781 - 68 4 1,532 5,781 Other 313 • 21 4 99 305 Other F.R. liabilities and capital 8,399 4 347 - 450 8 344 Total factors, other than reserve balances, absorbing reserve funds 354,176 • 5,092 4 24,547 354,907 Reserve balances with F.R, Banks4 25,173 - 303 - 2,230 33,154 On December 23, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 288,854 million, a change of + $ 1,093 million for the week. 1 Net of $ 7,297 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,297 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7 369 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,369 million was with foreign official and international accounts. Includes $ 45 million securities toaned-futiy secured U.S. government securities. 3 Consists of required clearing balances of $ 5,622 million and adjustments of $ 159 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 Hednesday Hednesday NeoViesday Dec 23, 1992 Dec 16, 1992 Dec 25, 1991 ASSETS Gold certificate account 11,056 1 2 Special drawing rights certificate account 8,018 0 2,000 Coin 476 11 69 Loans 107 68 75 Acceptances 0 0 0 Federal agency obligations Bought outright 5,450 0 640 Held under repurchase agreements1 277 277 123 U.S. government securities Bought outright—Bills 142,850 1,929 10,768 Notes 118,179 0 16,659 Bonds 35,037 0 2,706 Total bought outright2 296,066 1,929 30,133 Held under repurchase agreements1 13,132 13,132 3,130 Total U.S. government securities 309,198 11,203 33,264 Total loans and securities 315,031 11,547 32,426 Items in process of collection 1588) 8,418 1,176 140 Bank premises 1,028 2 46 Other assets3 29,361 527 3,498 TOTAL ASSETS (588) 373,387 10,888 26,762 LIABILITIES Federal Reserve notes 312,731 3,310 25,941 Deposits Depository institutions 39,177 9,213 • 6,193 U.S. Treasury—general account 6,568 390 3,266 Foreign—official accounts 178 43 89 Other 305 39 ± 105 Total deposits 46 ,228 •f 8,820 • 2,942 Deferred availability cash items (588) 6 ,084 - 1,517 1,505 Other liabilities and accrued dividends* 1 ,990 4 210 - 895 TOTAL LIABILITIES (588) 367,033 10,822 • 26,483 CAPITAL ACCOUNTS Capital paid in 3,054 5 404 Surplus 2,640 22 217 Other capital accounts 660 38 342 * 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 $ 7,369 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 45 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 $ 74 million in Treasury bills maturing within 00 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, DECEMBER 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 Meekly Weekly Holdings Holdings changes changes Hithin 15 days 107 0 HHiitthhiinn 1155 ddaayyss 22,913 • 7,701 504 • 467 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 71,996 54 769 190 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 97,624 • 3,556 1,024 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 69,957 0 2,592 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 18,903 0 696 0 OOvveerr 1100 yyeeaarrss 27,805 0 142 0 Total 107 0 TToottaall 309,198 • 11,203 5,727 • 277 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 23, 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 11,056 705 4,042 347 658 941 503 1,270 304 195 329 463 1,299 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 476 19 13 26 28 98 45 34 28 17 37 31 100 Loans 107 3 1 28 0 0 2 16 3 6 5 0 43 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,450 348 2,120 166 343 426 186 675 133 85 147 200 620 Held under repurchase agreements1 277 0 277 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 142,850 9,124 55,573 4,348 8,991 11,170 4,863 17,692 3,495 2,226 3,864 5,241 16,261 Notes 118,179 7,548 45,976 3,597 7,438 9,241 4,023 14,637 2,892 1,842 3,197 4,335 13,453 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 296,066 18,911 115,179 9,011 18,635 23,151 10,079 36,668 7,244 4,614 8,009 10,861 33,703 Held under repurchase agreements1 13,132 0 13,132 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 309,198 18,911 128,311 9,011 18,635 23,151 10,079 36,668 7,244 4,614 8,009 10,861 33,703 Total loans and securities 315,031 19,262 130,709 9,205 18,978 23,577 10,267 37,359 7,380 4,705 8,161 11,061 34,366 Items in process of collection 9,006 497 1,240 448 371 753 1,437 981 351 437 459 602 1,430 Bank premises 1,028 89 137 44 35 127 57 112 29 33 52 166 146 Other assets3 29,361 1,185 9,679 1,066 1,708 2,072 2,260 3,530 694 681 990 2,048 3,448 Interdistrict settlement account 0 -793 -22,694 •2,105 •1,653 •1,269 •4,049 -3,243 •5,349 •2,871 •5,335 •2,771 •1,327 TOTAL ASSETS 373,976 21,476 125,935 13,543 23,987 29,489 18,936 41,079 14,304 9,124 15,562 17,519 43,020 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 $ 7,369 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 45 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 $ 74 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 DECEMBER 23, 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 312,731 18,541 104,481 11,326 21,583 24,919 13,228 35,265 12,751 7,439 13,528 14,088 35,581 Deposits Depository institutions 39,177 2,205 11,114 1,501 1,662 3,408 4,312 3,982 1,147 1,024 1,338 2,519 4,964 U.S. Treasury—general account 6,568 0 6,568 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 178 5 79 6 8 9 13 17 3 4 5 11 18 Other 305 1 145 1 2 38 3 75 1 4 5 27 4 Total deposits 46,228 2,212 17,906 1,508 1,672 3,455 4,327 4,073 1,151 1,032 1,348 2,558 4,985 Deferred credit items 6,672 372 839 404 240 515 774 776 209 462 407 380 1,293 Other liabilities and accrued dividends1 1,990 114 798 61 119 154 76 234 45 32 55 79 224 TOTAL LIABILITIES 367,621 21,239 124,024 13,299 23,615 29,043 18,406 40,348 14,156 8,965 15,339 17,105 42,084 CAPITAL ACCOUNTS Capital paid in 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Surplus 2,640 98 771 105 161 171 241 321 66 70 99 202 336 Other capital accounts 660 31 255 22 35 66 0_ 64 12 10 15 0_ 151 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 373,976 21,476 125,935 13,543 23,987 29,489 18,936 41,079 14,304 9,124 15,562 17,519 43,020 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 364,870 21,488 119,451 13,121 23,745 30,061 17,589 38,887 14,509 8,209 15,127 16,977 45,704 Less—Held by F.R. Banks 52,139 2,946 14,970 1,795 2,162 5,142 4,362 3,622 1,759 770 1,599 2,889 10,123 F.R. notes> net 312,731, 18,541 104,481 11,326 21,583 24,919 13,228 35,265 12,751 7,439 13,528 14,088 35,581 Collateral held against F.R. notes Gold certificate account 11,056 Special drawing rights certificate account 8,018 Other eligible assets 0 < U.S. govt, and agency securities 293,657 Total collateral 312,731 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