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 inforfrfttion is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 4, 1993 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 3, 1993 Feb 24, 1993 Mar 4, 1992 Mar 3, 1993 Reserve Bank credit1 2 337,913 + 4,348 + 33,087 339,016 U.S. government securities Bought outright--system account 297,420 - 716 + 32,620 296,079 Held under repurchase agreements 4,178 + 4,178 + 2,850 7,130 Federal agency obligations Bought outright 5,225 - 35 - 735 5,225 Held under repurchase agreements 252 + 252 + 169 145 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 48 + 24 + 16 43 Seasonal credit 18 - 4 - 7 18 Extended credit 0 0 - 2 0 Float 974 - 24 + 415 385 Other F.R. assets 29,798 + 674 - 2,239 29,992 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,546 + 14 _+ 447 21,546 Total factors supplying reserve funds 378,531 + 4,362 31,531 379,635 Currency in circulation* 329,959 - 271 + 28,248 330,513 Treasury cash holdings* 470 + 7 - 233 512 Deposits, other than reserve balances, with F.R. Banks Treasury 6,017 + 1,050 + 453 7,640 Foreign 254 + 17 + 30 224 Service-related balances and adjustments3 6,419 + 234 + 1,796 6,419 Other 327 + 20 + 73 351 Other F.R. liabilities and capital 9,130 + 202 + 1,668 8,982 Total factors, other than reserve balances, absorbing reserve funds 352,574 + 1,259 + 32,037 354,640 Reserve balances with F.R. Banks* 25,957 + 3,104 - 506 24,995 On March 3, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 303,372 million, a change of + $ 2,016 million for the week. 1 Net of $ 6,015 million, dally average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,015 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,356 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,356 million was with foreign official and international accounts. Includes $ 30 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,010 million and adjustments of $ 409 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 Mar 3, 1993 Feb 24, 1993 Mar 4, 1992 ASSETS Gold certificate account 11,055 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 527 - 4 ~ 96 Loans 61 + 12 + 17 Acceptances 0 0 0 Federal agency obligations Bought outright 5,225 - 35 - 735 Held under repurchase agreements1 145 + 145 + 34 U.S. government securities Bought outright—Bills 142,862 - 3,699 + 13,064 Notes 117,955 0 + 15,120 Bonds 3355,,226611 00 +• 3,218 Total bought out right *~ 229966,,007799 11 33,,669999 + 31,402 Held under repurchase agreements1 77,,113300 ++ 77,,113300 + 5,114 Total U.S. government securities 330033,,220099 ++ 33,,443311 + 36,516 Total loans and securities 308,639 + 3,553 + 35,832 Itemc in process of collection (756) 6,914 + 1,783 + 474 Bank premises 1,027 + 1 + 26 Other assets3 2288,,998855 + 754 2,020 TOTAL ASSETS ((775566)) 336655,,116655 + 6,088 ++ 32,213 LIABILITIES Federal Reserve notes 310,007 + 608 + 27,509 Deposits Depository institutions 32,246 + 1,329 + 1,768 U.S. Treasury--general account 7,640 + 2,667 + 1,326 Foreign-~official accounts 224 - 8 - 23 Other 351 + 69 + 72 Total deposits 40,460 + 4,057 + 3,143 Deferred availability cash items (756) 5,716 + 1,258 - 111 Other liabilities and accrued dividends4 2,290 - 14 + 66 TOTAL LIABILITIES (( 775566 )) 358,473 + 5,908 + 30,607 CAPITAL ACCOUNTS Capital paid in 3,118 + 9 + 384 Surplus 3,054 0 + 711 Other capital accounts 520 + 171 + 511 * 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 $ 7,356 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 93 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, MARCH 3, 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 54 0 WWiitthhiinn 1155 ddaayyss 19,048 + 1,631 225555 228 16 days to 90 days 7 0 1166 ddaayyss ttoo 9900 ddaayyss 68,921 + 2,147 778899 + 276 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 96,752 810 11,,009944 + 119 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 70,753 + 463 22,,337799 57 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 19,628 0 771111 0 OOvveerr 1100 yyeeaarrss 28,108 0 114422 0 Total 61 0 TToottaall 303,209 + 3,431 55,,337700 + 110 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 MARCH 3, 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 11,055 705 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 527 26 19 23 36 105 50 40 27 23 36 41 101 Loans 61 5 0 0 0 1 0 1 3 7 6 0 38 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,225 334 2,033 159 329 409 178 647 128 81 141 192 595 Held under repurchase agreements1 145 0 145 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 142,862 9,125 55,578 4,348 8,992 11,171 4,864 17,694 3,496 2,226 3,865 5,241 16,263 Notes 117,955 7,534 45,888 3,590 7,424 9,223 4,016 14,609 2,886 1,838 3,191 4,327 13,427 Bonds 35,261 2,252 13,718 1,073 2,219 2,757 1,200 4,367 863 550 954 1,294 4,014 Total bought outright2 296,079 18,911 115,185 9,012 18,636 23,152 10,080 36,669 7,244 4,614 8,009 10,862 33,704 Held under repurchase agreements1 7,130 0 7,130 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 303,209 18,911 122,315 9,012 18,636 23,152 10,080 36,669 7,244 4,614 8,009 10,862 33,704 Total loans and securities 308,639 19,250 124,492 9,171 18,965 23,561 10,258 37,318 7,375 4,703 8,157 11,054 34,337 Items in process of collection 7,670 318 939 553 250 682 865 890 305 488 567 501 1,311 Bank premises 1,027 89 138 45 36 130 57 112 30 32 51 158 147 Other assets3 28,985 1,133 9,415 1,039 1,625 2,146 2,354 3,285 651 682 949 1,784 3,920 Interdistrict settlement account 0 -2,726 -14,493 +2,336 +1,895 +555 +3,080 -3,477 +4,768 +2,542 +4,907 +1,752 -1,139 TOTAL ASSETS 365,921 19,307 127,359 13,819 24,021 28,774 17,486 40,473 13,629 8,851 15,194 16,130 40,879 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 $ 7,356 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 93 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 MARCH 3, 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 310,007 17,141 110,891 10,905 21,580 24,415 11,434 35,488 12,014 7,099 13,157 13,651 32,231 Deposits Depository institutions 32,246 1,434 5,020 2,124 1,679 3,132 4,573 3,219 1,181 1,071 1,243 1,488 6,081 U.S. Treasury—general account 7,640 0 7,640 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 224 5 126 5 8 10 13 16 3 4 5 10 21 Other 351 1 141 4 1 99 2 94 0 4 2 1 2 Total deposits 40,460 1,440 12,927 2,133 1,688 3,241 4,588 3,328 1,184 1,078 1,251 1,498 6,104 Deferred credit items 6,471 329 814 442 213 476 738 616 202 453 464 444 1,282 Other liabilities and accrued dividends1 2,290 139 782 90 144 183 117 270 77 50 89 90 260 TOTAL LIABILITIES 359,229 19,049 125,414 13,570 23,625 28,314 16,877 39,702 13,477 8,680 14,961 15,683 39,877 CAPITAL ACCOUNTS Capital paid in 3,118 117 890 117 186 212 290 356 71 81 110 214 472 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 520 32 170 14 34 37 29 68 11 10 15 21 80 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 365,921 19,307 127,359 13,819 24,021 28,774 17,486 40,473 13,629 8,851 15,194 16,130 40,879 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 371,135 20,722 129,462 13,177 23,864 29,616 16,578 39,168 14,269 8,097 14,904 17,064 44,215 Less—Held by F.R. Banks 61,128 3,580 18,571 2,271 2,284 5,201 5,144 3,679 2,254 998 1,747 3,413 11,984 F.R. notes, net 310,007 17,141 110,891 10,905 21,580 24,415 11,434 35,488 12,014 7,099 13,157 13,651 32,231 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 290,934 Total collateral 310,007 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