H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•'oO^COv FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of ea<arC£$?§£ ed, when the information is available, on (202) 452-3206. *4L R£(- H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 21, 1993 Millions of dollars Averac les of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Meek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 20, 1993 Jan 13, 1993 Jan 22, 1992 Jan 20, 1993 Reserve Bank credit1 2 337,370 + 1,223 + 30,960 348,017 U.S. government securities Bought outright—system account 298,631 - 421 • 34,016 296,550 Held under repurchase agreements 2,290 + 1,426 • 1,728 10,128 Federal agency obligations Bought outright 5,403 - 9 - 597 5,348 Held under repurchase agreements 168 + 136 + 156 1,027 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 341 + 301 + 142 2,233 Seasonal credit 15 + 9 0 5 Extended credit 1 + 1 • 1 2 Float 748 - 391 - 60 2,204 Other F.R. assets 29,772 + 172 - 4,426 30,520 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,511 + 14 + 468 21,511 Total factors supplying reserve funds 377,954 • 1,236 _ 29,425 388,601 - Currency in circulation* 329,782 2,130 + 27,839 329,352 Treasury cash holdings* 502 - 3 - 175 501 Deposits, other than reserve balances, with F.R. Banks Treasury 6,988 + 1,496 + 916 17,577 Foreign 212 + 16 - 79 226 Service-related balances and adjustments3 6,975 + 428 + 2,655 6,975 Other 282 • 28 • 67 279 Other F.R. liabilities and capital 8,692 + 430 + 154 8,649 Total factors, other than reserve balances, absorbing reserve funds 353,433 + 265 + 31,376 363,559 Reserve balances with F.R. Banks4 24,521 + 971 - 1,950 25,042 On January 20, 1993, marketable U.S. government securities field in custody by the Federal Reserve Banks for foreign official and international accounts were $ 296,251 million, a change of -f $ 3,484 million for the week 1 Net of $ 4,804 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,804 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,885 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,885 million was with foreign official and internationa' accounts. Includes $ 110 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,825 million and adjustments of $ 1,150 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 20, 1993 Jan 13, 1993 Jan 22, 1992 ASSETS Gold certificate account 11,055 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 483 • 21 - 91 Loans 2,241 • 2,200 + 1,082 Acceptances 0 0 0 Federal agency obligations Bought outright 5,348 - 65 - 628 Held under repurchase agreements1 1,027 + 1,027 • 944 U.S. government securities Bought outright—Bills 143,334 - 214 • 12,039 Notes 118,179 0 • 16,659 Bonds 35,037 0 + 2,706 Total bought outright2 296,550 - 214 • 31,404 Held under repurchase agreements1 10,128 • 10,128 • 6,196 Total U.S. government securities 306,678 99,,991144 •• 37,600 Total loans and securities 315,293 1133,,007766 38,998 Items in process of collection (1,025) 11,280 + 3,886 + 1,225 Bank premises 1,026 0 • 34 Other assets3 2299,,661111 __++ 888899 - 4,167 TOTAL ASSETS ((11,,002255)) 337766,,776677 1177,,887733 + 33,996 LIABILITIES Federal Reserve notes 308,826 - 1,514 • 26,924 Deposits Depository institutions 32,175 + 2,556 - 2,293 U.S. Treasury—general account 17,577 • 12,497 • 8,414 Foreign—official accounts 226 + 23 - 82 Other 279 - 3 • 78 Total deposits 50,256 • 15,073 + 6,118 Deferred availability cash items (1,025) 9,036 • 4,025 + 688 Other liabilities and accrued dividends* 22,,336666 • 125 - 297 TOTAL LIABILITIES ((11,,002255)) 337700,,448844 + 17,709 4- 33,432 CAPITAL ACCOUNTS Capital paid in 3,069 • 4 + 397 Surplus 2,924 + 59 + 273 Other capital accounts 290 • 101 - 107 * 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 $ 6,885 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 110 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 $ 76 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 20, 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 Heekly Holdings Holdings changes changes Within 15 days 2,240 0 HHiitthhiinn 1155 ddaayyss 21,160 + 8,245 1,173 + 1,070 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 71,940 1,345 887 108 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 98,361 • 3,255 966 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 68,686 64 2,511 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 18,726 177 696 0 OOvveerr 1100 yyeeaarrss 27,805 0 142 0 Total 2,241 0 TToottaall 306,678 + 9,914 6,375 + 962 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 20, 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 11,055 705 4,041 347 658 941 503 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 483 21 14 22 32 101 45 36 27 19 37 36 93 Loans 2,241 3 800 8 0 0 0 11 5 2 11 0 1,400 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,348 342 2,080 163 337 418 182 662 131 83 145 196 609 Held under repurchase agreements1 1,027 0 1,027 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 143,334 9,155 55,762 4,363 9,022 11,208 4,880 17,752 3,507 2,234 3,877 5,258 16,316 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 296,550 18,941 115,368 9,026 18,665 23,189 10,096 36,728 7,256 4,622 8,022 10,879 33,758 Held under repurchase agreements1 10,128 0 10,128 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 306,678 18,941 125,496 9,026 18,665 23,189 10,096 36,728 7,256 4,622 8,022 10,879 33,758 Total loans and securities 315,293 19,286 129,404 9,197 19,002 23,607 10,278 37,402 7,392 4,707 8,177 11,075 35,766 Items in process of collection 12,305 629 1,633 1,081 766 1,042 1,384 1,131 416 683 873 698 1,968 Bank premises 1,026 90 137 45 36 128 57 112 30 33 51 162 146 Other assets3 29,611 1,200 9,944 1,070 1,718 2,074 2,254 3,479 708 678 991 1,999 3,496 Interdistrict settlement account 0 -1,337 -12,693 +1,654 +807 +323 +2,749 -4,034 +5,522 +2,609 +4,927 +1,541 -2,068 TOTAL ASSETS 377,792 21,105 135,288 13,719 23,575 28,867 17,588 40,431 14,568 9,110 15,586 16,351 41,605 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 $ 6,885 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 110 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 $ 76 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 20, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 308,826 18,121 106,929 10,923 21,198 24,628 11,662 34,827 12,475 7,310 13,323 13,657 33,773 Deposits Depository institutions 32,175 2,026 6,437 1,629 1,356 2,741 4,265 3,563 1,533 962 1,283 1,683 4,697 U.S. Treasury—general account 17,577 0 17,577 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 226 5 127 6 8 9 13 17 3 4 5 11 18 Other 279 1 131 1 1 48 6 79 0 4 3 3 2 Total deposits 50,256 2,032 24,272 1,636 1,365 2,798 4,283 3,659 1,537 969 1,291 1,697 4,717 Deferred credit items 10,061 569 1,340 836 488 814 1,028 922 350 632 675 489 1,918 Other liabilities and accrued dividends1 2,366 143 836 91 147 183 118 273 77 51 90 94 262 TOTAL LIABILITIES 371,509 20,866 133,377 13,486 23,199 28,423 17,092 39,681 14,439 8,961 15,379 15,938 40,669 CAPITAL ACCOUNTS Capital paid in 3,069 109 886 117 180 210 290 354 70 80 110 212 450 Surplus 2,924 108 885 116 176 210 207 346 59 68 97 201 450 Other capital accounts 290 21^ 140 0_ 19 24 0_ 50 0_ 0_ 0_ 0_ 35 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 377,792 21,105 135,288 13,719 23,575 28,867 17,588 40,431 14,568 9,110 15,586 16,351 41,605 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 364,614 21,268 121,965 13,037 23,617 30,027 16,721 38,710 14,410 8,213 15,078 16,838 44,729 Less—Held by F.R. Banks 55,788 3,146 15,036 2,113 2,419 5,399 5,059 3,883 1,935 903 1,756 3,181 10,956 F.R. notes, net 308,826 18,121 106,929 10,923 21,198 24,628 11,662 34,827 12,475 7,310 13,323 13,657 33,773 Collateral held against F.R. notes Gold certificate account 11,055 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 289,752 Total collateral 308,826 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