H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•* n* COw" *. FEDERAL RESERVE These data are scheduled for release each Thursday, 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 January 7, 1993 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJaann 66,, 11999933 Dec 30, 1992 Jan 8, 1992 Jan 6, 1993 Reserve Bank credit1 2 344,240 + 2,079 + 32,205 350,596 U.S. government securities Bought outright--system account 295,539 1,537 + 28,803 296,363 Held under repurchase agreements 9,348 + 2,916 + 6,013 16,076 Federal agency obligations Bought outright 5,413 21 632 5,413 Held under repurchase agreements 728 + 183 + 696 920 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 435 + 357 422 162 Seasonal credit 6 12 10 4 Extended credit 0 0 0 0 Float 2,609 + 244 + 1,673 1,088 Other F.R. assets 30,162 51 3,917 30,569 Gold stock 11,056 1 3 11,056 Special drawing rights certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,503 + 14 + 478 21,503 Total factors supplying reserve funds 384,817 + 2,093 + 30,680 391,173 Currency in circulation* 334,554 + 413 + 27,773 333,640 Treasury cash holdings* 507 2 130 506 Deposits, other than reserve balances, with F.R. Banks Treasury 8,360 + 2,041 + 2,213 7,840 Foreign 218 + 11 235 175 Service-related balances and adjustments3 6,183 152 + 2,059 6,182 Other 342 + 52 + 159 228 Other F.R. liabilities and capital 8,027 375 250 8,143 Total factors, other than reserve balances, absorbing reserve funds 358,191 + 1,989 + 31,589 356,714 Reserve balances with F.R. Banks^ 26,626 + 104 909 34,459 On January 6, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 289,250 million, a change of - $ 916 million for the week. 1 Net of $ 7,896 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,896 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities 2 Net of $ 7,072 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7.072 million was with foreign official and international accounts. Includes $ 47 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,901 million and adjustments of $ 282 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 ** Jan 6, 1993 Dec 30, 1992 1 Jan 8, 1992 ASSETS Gold certificate account 11,056 0 I - 2 Special drawing rights certificate account 8,018 0 - 2,000 Coin 449 - 6 - 74 Loans 166 + 110 - 5,307 Acceptances 0 0 0 Federal agency obligations Bought outright 5,413 0 - 632 Held under repurchase agreements1 920 + 274 + 920 U.S. government securities Bought outright—Bills 143,147 + 151 + 10,809 Notes 118,179 0 + 16,659 Bonds 35,037 0 + 2,706 Total bought outright *- 296,363 + 151 + 30,175 Held under repurchase agreements1 16,076 + 10,946 + 16,076 Total U.S. government securities 312,439 + 11,097 + 46,251 Total loans and securities 318,938 + 11,482 + 41,232 - Items in process of collection (654) 7,923 3,833 + 1,392 Bank premises 1,026 - 2 + 37 Other assets3 2299,,551188 + 197 3,445 TOTAL ASSETS ((665544)) 337766,,992277 + 7,838 ++ 37,139 LIABILITIES Federal Reserve notes 313,091 - 1,403 + 27,339 Deposits Depository institutions 41,083 + 7,913 + 7,443 U.S. Treasury--general account 7,840 + 570 + 1,578 Foreign—official accounts 175 - 80 - 50 Other 222288 - 38 ++ 85 Total deposits 4499,,332255 + 8,366 ++ 9,056 Deferred availability cash items ( 654 ) 6,367 + 1,010 + 1,029 Other liabilities and accrued dividends4 22,,333377 + 464 314 TOTAL LIABILITIES || ((665544)) 337711,,112200 i + 8,437 ++ 37,109 CAPITAL ACCOUNTS Capital paid in 3,064 + 10 + 412 Surplus 2,716 + 66 + 64 Other capital accounts 27 - 675 - 446 * 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 $ 7,072 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 47 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 $ 37 million in Treasury bills maturing within 90 days. 4 tncludes 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, JANUARY 6, 1993 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 165 0 WWiitthhiinn 1155 ddaayyss 2288,,663311 + 9,846 998855 + 149 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 7700,,220088 402 997755 + 165 Over 90 days 0 0 9911 ddaavvss ttoo 11 yyeeaarr 9988,,114422 5,440 11,,002244 40 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6688,,775500 0 22,,551111 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1188,,990033 0 669966 0 OOvveerr 1100 yyeeaarrss 2277,,880055 0 114422 0 Total 166 0 TToottaall 331122,,443399 + 4,004 66,,333333 + 274 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 JANUARY 6, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,056 705 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 449 18 13 23 26 96 39 29 25 16 37 30 98 Loans 166 1 0 5 0 0 1 18 2 1 2 0 137 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 920 0 920 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 143,147 9,143 55,689 4,357 9,010 11,193 4,873 17,729 3,502 2,231 3,872 5,251 16,295 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 296,363 18,930 115,295 9,021 18,654 23,174 10,089 36,705 7,251 4,619 8,017 10,872 33,737 Held under repurchase agreements1 16,076 0 16,076 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 312,439 18,930 131,371 9,021 18,654 23,174 10,089 36,705 7,251 4,619 8,017 10,872 33,737 Total loans and securities 318,938 19,276 134,397 9,190 18,994 23,598 10,275 37,393 7,385 4,705 8,165 11,071 34,490 Items in process of collection 8,577 426 1,404 698 460 608 932 759 272 528 486 522 1,483 Bank premises 1,026 90 137 45 36 128 57 112 30 33 51 161 146 Other assets3 29,518 1,182 10,112 1,058 1,697 2,057 2,241 3,401 707 675 983 1,982 3,422 Interdistrict settlement account 0 -1,164 -26,050 +2,274 +2,258 +1,286 +4,706 -2,744 +5,745 +2,782 +5,368 +3,136 +2,402 TOTAL ASSETS 377,581 21,043 126,863 13,938 24,685 29,365 19,072 41,257 14,636 9,119 15,618 17,742 44,243 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 $ 7,072 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 47 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 S 37 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 JANUARY 6, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 313,091 18,500 105,665 11,223 21,655 25,008 12,813 35,231 12,740 7,438 13,457 13,959 35,402 Deposits Depository institutions 41,083 1,798 9,587 1,925 2,300 3,245 4,872 4,390 1,437 985 1,437 2,799 6,308 U.S. Treasury—general account 7,840 0 7,840 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 175 5 76 6 8 9 13 17 3 4 5 11 18 Other 228 1 131 3 1 16 2 38 1 5 4 25 1 Total deposits 49,325 1,804 17,634 1,933 2,309 3,270 4,886 4,445 1,442 993 1,446 2,835 6,327 Deferred credit items 7,021 395 933 478 241 508 786 628 265 500 439 463 1,384 .Other liabilities and accrued dividends1 2,337 138 838 91 142 176 116 269 76 49 88 98 256 TOTAL LIABILITIES 371,775 20,837 125,069 13,726 24,348 28,962 18,601 40,573 14,523 8,980 15,430 17,355 43,370 CAPITAL ACCOUNTS Capital paid in 3,064 109 885 117 176 210 290 354 70 80 109 212 451 Surplus 2,716 96 885 94 160 190 181 330 43 59 79 175 422 Other capital accounts 27 0 24 1_ 0_ 2_ 0 0_ 0 0 0 0_ 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 377,581 21,043 126,863 13,938 24,685 29,365 19,072 41,257 14,636 9,119 15,618 17,742 44,243 FEDERAL RESERVE AGENTS' ACCOUNTS / / F.R. notes outstanding 362,922 21,406 119,460 13,016 23,632 17,134 38,597 14,471 8,170 15,044 16,858 45,237 29,897 Less—Held by F.R. Banks 49,832 2,906 13,795 1,793 1,977 4,889 4,321 3,367 1,731 733 1,587 2,899 9,835 F.R. notes? net 313,091 18,500 105,665 11,223 21,655 25,008 12,813 35,231 12,740 7,438 13,457 13,959 35,402 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 294,017 Total collateral 313,091 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