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. ^IFE' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 31, 1992 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 30, 1992 Dec 23, 1992 Jan 1, 1992 Dec 30, 1992 Reserve Bank credit1 2 342,162 + 3,459 + 21,536 343,652 U.S. government securities Bought outright—system account 297,076 + 938 + 31,557 296,212 Held under repurchase agreements 6,432 + 314 - 7,410 5,130 Federal agency obligations Bought outright 5,434 - 16 - 611 5,413 Held under repurchase agreements 546 + 443 + 126 646 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 78 + 20 - 63 39 Seasonal credit 18 - 2 _ 9 16 Extended credit 0 - 1 - 1 1 Float 2,365 + 1,520 + 1,699 5,885 Other F.R. assets 30,212 + 243 - 3,753 30,311 Gold stock 11,056 - 1 - 2 11,056 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,489 + 14 + 472 21,489 Total factors supplying reserve funds 382,725 _ 3,472 + 20,006 384,215 Currency in circulation* 334,140 + 2,954 + 26,518 335,021 Treasury cash holdings* 510 - 3 - 123 508 Deposits, other than reserve balances, with F.R. Banks Treasury 6,320 - 1,445 - 6,686 7,270 Foreign 207 - 13 - 313 254 Service-related balances and adjustments3 6,334 + 554 + 2,225 6,334 Other 290 - 24 - 364 266 Other F.R. liabilities and capital 8,401 + 3 - 192 8,278 Total factors, other than reserve balances, absorbing reserve funds 356,202 + 2,026 + 21,065 357,931 Reserve balances with F.R. Banks4 26,523 + 1,446 - 1,059 26,284 On December 30, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 290,166 million, a change of + $ 1,312 million for the week. 1 Net of $ 6,359 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,359 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 7,223 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,223 million was with foreign official and international accounts. Includes $ 206 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,901 million and adjustments of $ 434 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 doHars Change since ** •• WWeeddnneessddaayy Wednesday Wednesday Dec 30, 1992 1 Dec 23, 1992 Jan 1, 1992 ASSETS Gold certificate account 11,056 - 1 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 455 - 21 - 73 - _ Loans 56 51 163 Acceptances 0 0 0 Federal agency obligations Bought outright 5,413 - 37 - 632 Held under repurchase agreements1 646 + 369 • 93 U.S. government securities Bought outright—Bills 142,996 • 146 • 10,361 Notes 118,179 0 + 16,659 Bonds 35,,Q3 7 0 • 2,706 Total bought outright2 296,212 + 146 + 29,726 Held under repurchase agreements1 55,,113300 ~~ 88,,000022 - 10,215 Total U.S. government securities 330011,,334422 77,,885566 + 19,511 Total loans and securities 307,456 - 7,575 • 18,809 Items in process of collection (974) 11,756 • 3,338 + 4,079 Bank premises 1,028 • 1 + 41 Other assets3 2299,,332200 4411 - 4,217 TOTAL ASSETS ((997744)) 336699,,008899 ~~ 44,,229999 + 16,636 LIABILITIES Federal Reserve notes 314,494 + 1,763 + 26,588 Deposits Depository institutions 33,170 - 6,007 • 3,757 U.S. Treasury—general account 7,270 • 702 - 10,427 Foreign—official accounts 254 • 76 - 713 Other (1) 266 - 39 - 1,440 Total deposits (1) 40,959 - 5,269 - 8,824 Deferred availability cash items (973) 5,357 - 727 - 1,294 Other liabilities and.accrued dividends4 1,873 - 116 1 936 TOTAL LIABILITIES ( 974) 362,683 - 4,349 ; -f 15,534 CAPITAL ACCOUNTS Capital paid in 3,054 - 1 • 402 Surplus 2,649 + 9 - 2 Other capital accounts 702 + 42 + 702 * 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 $ 7,223 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 206 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 $ 44 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, DECEMBER 30, 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 Within 15 days 55 0 HHiitthhiinn 1155 ddaayyss 18,785 4,128 836 + 332 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 70,610 1,386 810 + 41 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 103,582 + 5,958 1,064 + 40 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 68,750 1,207 2,511 81 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 18,903 0 696 0 OOvveerr 1100 yyeeaarrss 27,805 0 142 0 Total 56 0 TToottaall 308,435 763 6,059 + 332 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 30, 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 455 19 13 24 26 95 41 30 26 16 37 29 99 Loans 56 1 0 3 0 0 1 12 7 4 6 0 22 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,413 346 2,106 165 341 423 184 670 132 84 146 199 616 Held under repurchase agreements1 646 0 646 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 142,996 9,134 55,630 4,352 9,000 11,182 4,868 17,710 3,499 2,229 3,868 5,246 16,278 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 296,212 18,920 115,236 9,016 18,644 23,162 10,084 36,686 7,248 4,616 8,013 10,867 33,719 Held under repurchase agreements1 5,130 0 5,130 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 301,342 18,920 120,366 9,016 18,644 23,162 10,084 36,686 7,248 4,616 8,013 10,867 33,719 Total loans and securities 307,456 19,266 123,118 9,184 18,985 23,586 10,269 37,368 7,387 4,705 8,165 11,065 34,357 Items in process of collection 12,730 863 2,034 969 503 899 1,978 1,322 458 501 802 638 1,762 Bank premises 1,028 90 137 44 36 127 57 112 29 33 51 166 146 Other assets3 29,320 1,199 9,608 1,076 1,725 2,090 2,273 3,486 700 685 998 2,009 3,473 Interdistrict settlement account 0 -1,725 -19,701 +2,005 +1,637 +479 +3,748 -3,968 +5,242 +2,548 +5,070 +2,575 +2,090 TOTAL ASSETS 370,062 20,927 122,059 13,952 24,126 28,868 19,187 40,657 14,315 8,868 15,651 17,322 44,130 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 $ 7,223 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 206 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 $ 44 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 30, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 314,494 18,635 105,104 11,389 21,640 25,128 13,269 35,497 12,809 7,452 13,542 14,118 35,910 Deposits Depository institutions 33,170 1,585 5,987 1,560 1,755 2,701 4,611 3,505 1,118 828 1,351 2,269 5,900 U.S. Treasury—general account 7,270 0 7,270 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 254 5 156 6 8 9 13 17 3 4 5 11 18 Other 267 3 159 2 3 18 3 45 0 4 4 24 2 Total deposits 40,960 1,593 13,571 1,567 1,766 2,727 4,627 3,567 1,121 836 1,360 2,304 5,920 Deferred credit items 6,330 342 792 682 220 403 674 630 189 386 465 398 1,148 Other liabilities and accrued dividends1 1,873 114 697 60 118 153 76 233 46 31 55 80 211 TOTAL LIABILITIES 363,657 20,683 120,164 13,698 23,745 28,412 18,645 39,927 14,166 8,705 15,421 16,900 43,189 CAPITAL ACCOUNTS Capital paid in 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Surplus 2,649 98 771 105 161 171 243 321 66 70 99 209 336 Other capital accounts 702 38 239 31 44 75 10 63 13 13 22 0_ 154 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 370,062 20,927 122,059 13,952 24,126 28,868 19,187 40,657 14,315 8,868 15,651 17,322 44,130 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 363,714 21,441 119,290 13,074 23,694 29,974 17,367 38,728 14,450 8,193 15,093 16,925 45,485 Less—Held by F.R. Banks 49,220 2,806 14,185 1,685 2,054 4,846 4,098 3,230 1,641 741 1,552 2,807 9,574 F.R. notes> net 314,494 18,635 105,104 11,389 21,640 25,128 13,269 35,497 12,809 7,452 13,542 14,118 35,910 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 i 295,420 Total collateral 314,494 | 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