H.4.1 Factors Affecting Reserve Balances of Depository Institutions

5^g&: FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when "•.f«lRc£> 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 14, 1993 Millions of dollars Averac les of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Nednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 13, 1993 Jan 6, 1993 Jan L5, 1992 Jan 13, 1993 Reserve Bank credit1 2 336,147 - 8,094 • 29,039 334,536 U.S. government securities Bought outright—system account 299,052 + 3,513 + 33,164 296,764 Held under repurchase agreements 864 - 8,484 + 864 0 Federal agency obligations Bought outright 5,413 0 - 603 5,413 Held under repurchase agreements 32 - 696 • 32 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 40 - 395 - 7 36 Seasonal credit 6 0 - 4 4 Extended credit 0 0 0 0 Float 1,139 - 1,494 + 168 2,563 Other F.R. assets 29,601 - 538 - 4,575 29,756 Gold stock 11,056 0 - 3 11,056 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,517 + 14 + 483 21,517 Total factors supplying reserve funds 376,738 - ""8,080 +" 27,520 375,127 Currency in circulation* 331,932 - 2,622 + 28,096 330,893 Treasury cash holdings* 505 - 2 - 169 502 Deposits, other than reserve balances, with F.R. Banks Treasury 5,492 - 2,868 + 38 5,080 Foreign 196 - 22 - 193 203 Service-related balances and adjustments3 6,547 • 364 + 2,342 6,546 Other 255 - 87 + 17 282 Other F.R. liabilities and capital 8,262 + 235 - 330 8,360 Total factors, other than reserve balances, absorbing reserve funds 353,189 - 5,002 + 29,801 351,866 Reserve balances with F.R. Banks4 23,550 - 3,078 - 2,281 23,262 On January 13, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 292,767 million, a change of -f $ 3,517 million for the week. 1 Net of $ 4,383 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,383 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 6,671 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,671 million was with foreign official and international accounts. Includes $ 60 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,820 million and adjustments of $ 727 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 Wednesday Wednesday Wednesday Jan 13, 1993 Jan 6, 1993 Jan 15, 1992 ASSETS Gold certificate account 11,056 0 3 Special drawing rights certificate account 8,018 0 2,000 Coin 462 13 86 Loans 40 126 144 Acceptances 0 0 0 Federal agency obligations Bought outright 5,413 0 598 Held under repurchase agreements1 0 920 0 U.S. government securities Bought outright—Bills 143,548 401 12,490 Notes 118,179 0 16,659 Bonds 35,037 0 2,706 Total bought outright2 296,764 401 31,855 Held under repurchase agreements1 0 16,076 0 Total U.S. government securities 296,764 15,675 31,855 Total loans and securities 302,217 16,721 31,113 Items in process of collection (580) 7,394 529 915 Bank premises 1,026 0 37 Other assets3 28,722 795 4,310 TOTAL ASSETS (580) 358,894 18,033 25,667 LIABILITIES Federal Reserve notes 310,339 2,751 + 27,196 Deposits Depository institutions 29,619 11,464 1,501 U.S. Treasury—general account 5,080 2,760 + 78 Foreign—official accounts 203 28 203 Other 282 53 + 74 Total deposits 35 ,183 - 14,142 1,552 Deferred availability cash items (580) 5 ,011 - 1,356 90 Other liabilities and accrued dividends4 2 ,242 - 96 - ^14 TOTAL LIABILITIES (580) 352,775 18,345 + 25,240 CAPITAL ACCOUNTS Capital paid in 3,065 1 404 Surplus 2,866 150 214 Other capital accounts 188 162 192 * 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 $ 6,671 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 60 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 $ 66 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, JANUARY 13, 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 39 0 HHiitthhiinn 1155 ddaayyss 12,914 15,717 103 882 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 73,285 + 3,077 995 + 20 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 95,106 3,036 966 58 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 68,750 0 2,511 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 18,903 0 696 0 OOvveerr 1100 yyeeaarrss 27,805 0 142 0 Total 40 0 TToottaall 296,764 15,675 5,413 920 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 13, 1993 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 462 19 12 22 29 99 41 31 27 18 37 33 94 Loans 40 1 0 6 0 2 1 6 4 1 1 0 19 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 143,548 9,169 55,845 4,369 9,035 11,225 4,887 17,778 3,512 2,237 3,883 5,266 16,341 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 296,764 18,955 115,451 9,033 18,679 23,205 10,103 36,754 7,261 4,625 8,028 10,887 33,782 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 296,764 18,955 115,451 9,033 18,679 23,205 10,103 36,754 7,261 4,625 8,028 10,887 33,782 Total loans and securities 302,217 19,302 117,557 9,203 19,020 23,631 10,289 37,430 7,397 4,710 8,175 11,086 34,418 Items in process of collection 7,973 429 1,037 511 1,054 448 796 904 239 372 474 441 1,269 Bank premises 1,026 90 137 45 36 128 57 112 30 33 51 161 146 Other assets3 28,722 1,203 9,112 1,070 1,716 2,078 2,251 3,476 697 680 993 1,996 3,450 Interdistrict settlement account 0 -2,048 -13,956 +1,783 +1,452 +196 +3,057 -5,226 +5,091 +2,461 +4,853 +1,736 +600 TOTAL ASSETS 359,474 20,211 120,748 13,284 24,521 28,172 17,313 39,033 13,953 8,655 15,112 16,292 42,180 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 $ 6,671 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 60 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 $ 66 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 13, 1993 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 310,339 18,252 106,420 11,091 21,431 24,648 12,131 34,855 12,611 7,409 13,360 13,761 34,371 Deposits Depository institutions 29,619 1,261 5,718 1,462 2,393 2,454 3,897 2,596 976 679 1,086 1,621 5,474 U.S. Treasury—general account 5,080 0 5,080 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 203 5 104 6 8 9 13 17 3 4 5 11 18 Other 282 1 124 1 1 52 2 67 0 5 2 25 1 Total deposits 35,183 1,267 11,026 1,469 2,402 2,516 3,912 2,680 980 688 1,093 1,658 5,493 Deferred credit items 5,591 327 656 410 189 402 670 504 166 366 370 380 1,151 Other liabilities and accrued dividends1 2,242 140 745 91 142 180 118 267 76 48 90 93 253 TOTAL LIABILITIES 353,355 19,985 118,846 13,061 24,163 27,745 16,831 38,306 13,833 8,510 14,914 15,892 41,269 CAPITAL ACCOUNTS Capital paid in 3,065 109 885 117 176 210 290 354 70 80 110 212 450 Surplus 2,866 108 885 105 176 210 193 346 51 64 88 188 450 Other capital accounts 188 8^ 131 0_ 5^ 7_ 0_ 26 0_ 0_ 0_ 0_ 11 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 359,474 20,211 120,748 13,284 24,521 28,172 17,313 39,033 13,953 8,655 15,112 16,292 42,180 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 364,076 21,339 120,935 13,066 23,654 30,034 16,893 38,502 14,440 8,239 15,099 16,863 45,011 Less—Held by F.R. Banks 53,736 3,087 14,516 1,976 2,223 5,386 4,762 3,647 1,829 830 1,739 3,102 10,640 F.R. notes> net 310,339 18,252 106,420 11,091 21,431 24,648 12,131 34,855 12,611 7,409 13,360 13,761 34,371 Collateral held against F.R. notes Gold certificate account 11,056 Special drawing rights certificate account 8,018 Other eligible assets j 0 U.S. govt, and agency securities 291,266 Total collateral 310,339 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