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 ••??«s^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 May 20, 1993 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 19, 1993 May 12, 1993 May 20, 1992 May 19, 1993 Reserve Bank credit1 2 344,950 - 84 + 40,061 342,713 U.S. government securities Bought outright--system account 305,724 + 626 + 39,380 305,540 Held under repurchase agreements 904 - 190 - 1,528 35 Federal agency obligations Bought outright 5,095 0 - 815 5,095 Held under repurchase agreements 114 + 100 + 114 10 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 8 - 119 - 28 5 Seasonal credit 87 + 14 - 16 94 Extended credit 0 0 0 0 Float 700 + 250 + 450 924 Other F.R. assets 32,317 - 765 + 2,504 31,010 Gold stock 11,054 0 - 3 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,676 • 14 + 483 21,676 Total factors supplying reserve funds 385,697 - 70 _ 38,540 383,461 Currency in circulation* 338,623 • 569 • 30,820 338,587 Treasury cash holdings* 498 - 7 - 193 489 Deposits, other than reserve balances, with F.R. Banks Treasury 5,937 + 290 • 867 6,080 Foreign 268 - 111 • 56 263 Service-related balances and adjustments3 6,169 + 178 + 955 6,168 Other 322 + 15 • 55 323 Other F.R. liabilities and capital 9,243 - 678 + 1,055 9,094 Total factors, other than reserve balances, absorbing reserve funds 361,058 • 257 + 33,615 361,004 Reserve balances with F.R. Banks* 24,639 - 327 + 4,926 22,456 On May 19, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 312,958 million, a change of 4- $ 2,737 million for the week. 1 Net of $ 5,995 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,995 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 6 221 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,221 million was with foreign official and international accounts, includes $ 0 million securities loaned-fuily secured US government securities. 3 Consists of required clearing balances of $• 5,928 miilion and adjustments of $ 241 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 •• ** May 19, 1993 May 12, 1993 May 20, 1992 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 472 - 10 - 58 Loans i 99 + 5 <- 71 Acceptances 0 0 0 Federal agency obligations Bought outright 5,095 0 - 815 Held under repurchase agreements1 10 - 85 + 10 U.S. government securities i Bought outright--Bills 144,194 - 39 + 14,487 Notes 123,870 - 66 + 19,910 Bonds 37,477 + 66 + 5,134 Total bought outright2 305,540 - 39 + 39,531 Held under repurchase agreements1 35 - 7,625 + 35 Total U.S. government securities 305,575 77,,666644 ++ 39,566 Total loans and securities 310,780 —— 77,,774444 -- 38,690 Items in process of collection (579) 5,424 - 150 + 67 Bank premises 1,038 + 2 + 16 Other assets3 30,049 - 2,394 + 1,451 TOTAL ASSETS (579) 366,835 - 10,296 + 38,163 LIABILITIES Federal Reserve notes 317,872 - 111 + 29,600 Deposits Depository institutions 28,283 - 11,156 + 6,027 U.S. Treasury--general account 6,080 + 1,129 + 1,377 Foreign--official accounts 263 + 52 + 54 Other 323 + 10 + 51 Total deposits 34,949 - 9,965 + 7,509 Deferred availability cash items (579) 4,919 - 186 - 32 Other liabilities and accrued dividends4 2,205 - 64 + 169 TOTAL LIABILITIES (579) 359,945 - 10,326 + 37,247 CAPITAL ACCOUNTS Capital paid in 3,284 + 11 + 472 Surplus 3,054 0 + 402 Other capital accounts 552 + 19 + 42 * 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 iatest statement week. 2 Net of $ 8,221 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 million securities loaned-fuily 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 $ 94 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; MAY 19, 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 j Federal agency securities ; obligations LLooaannss AAcccceeppttaanncceess Weexly >. ,. _ .. i Weexiy Holdings ch • a nges Holdin a g s , ch . a nges Within 15 days 97 WWiitthhiinn 1155 ddaayyss 15,707 - 5,474 327i+ 191 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 69,198j- 310j 427!- 276 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 97,900!- 342; 1,216J 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 71,065:- 1,850| 2,282; 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 21,6061+ 135| 711; 0 OOvveerr 1100 yyeeaarrss 30,0991+ 177i 142' 0 Total 99 0 TToottaall 305,575 7,664| 5,i05 85 r Components may net add ro 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 MAY 19, 1993 Millions or dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,054 660 33333,,,,,777775555544444 333339999999999 777770000011111 889999 550099 11111,,,,,111118888866666 333339999922222 222224444433333 444440000099999 555551111100000 1,392 Special drawing rights certif. acct. 8,018 511 22222,,,,,888880000088888 333330000033333 555555555566666 665522 331188 11111,,,,,000003333366666 111116666688888 111118888866666 111119999999999 333337777777777 904 Coin 472 21 1111155555 1111144444 3333344444 8899 4488 3333366666 2222277777 2222255555 3333366666 3333344444 94 Loans 99 7 00000 44444 00000 99 55 66666 1111166666 4444433333 99999 00000 0 Acceptances 0 0 00000 00000 00000 00 00 00000 00000 00000 00000 00000 0 Federal agency obligations Bought outright 5,095 301 11111,,,,,777776666600000 111119999933333 333334444422222 339977 220077 555559999922222 111118888800000 111111111177777 111119999933333 222221111188888 595 Held under repurchase agreements1 10 0 1111100000 00000 00000 00 00 00000 00000 00000 00000 00000 0 U.S. government securities Bought outright--Bills 144,194 8,509 4444499999,,,,,777779999944444 55555,,,,,444446666655555 99999,,,,,666668888866666 1111,,224477 55,,886666 1111166666,,,,,777775555577777 55555,,,,,000009999911111 33333,,,,,333330000011111 55555,,,,,444446666699999 66666,,,,,111117777755555 16,834 Notes 123,870 7,309 4444422222,,,,,777777777766666 44444,,,,,666669999944444 88888,,,,,333332222211111 99,,666622 55,,003399 1111144444,,,,,333339999955555 44444,,,,,333337777744444 22222,,,,,888883333355555 44444,,,,,666669999988888 55555,,,,,333330000055555 14,461 Bonds 37,477 2,211 1111122222,,,,,999994444422222 11111,,,,,444442222200000 22222,,,,,555551111177777 22,,992233 11,,552255 44444,,,,,333335555555555 11111,,,,,333332222233333 888885555588888 11111,,,,,444442222211111 11111,,,,,666660000055555 4,375 Total bought outright2 330055,,554400 18,030 111110000055555,,,,,555551111122222 1111111111,,,,,555557777799999 2222200000,,,,,555552222244444 2233,,883333 1122,,443300 3333355555,,,,,555550000088888 1111100000,,,,,777778888888888 66666,,,,,999999999944444 1111111111,,,,,555558888888888 1111133333,,,,,000008888855555 35,670 Held under repurchase agreements1 3355 0 3333355555 00000 00000 00 00 00000 00000 00000 00000 00000 0 Total U.S. govt, securities 330055,,557755 1188,,003300 111110000055555,,,,,555554444477777 1111111111,,,,,555557777799999 2222200000,,,,,555552222244444 222333,,,888333333 111222,,,444333000 3333355555,,,,,555550000088888 1111100000,,,,,777778888888888 66666,,,,,999999999944444 1111111111,,,,,555558888888888 1111133333,,,,,000008888855555 35,670 Total loans and securities 310,780 1188,,333377 111110000077777,,,,,333331111166666""""" 1111111111,,,,,777777777766666 2222200000,,,,,888886666666666 222444,,,222333999 111222,,,666444222 3333366666,,,,,111110000066666 1111100000,,,,,999998888844444 77777,,,,,111115555544444 1111111111,,,,,777779999900000 1111133333,,,,,333330000033333""""" 36,265 Items in process of collection 6,003 333399 777773333311111 333336666644444 222221111188888 444333333 666777111 666660000099999 111119999900000 333338888866666 333338888844444 444446666688888 1,212 Bank premises 1,038 9900 111113333399999 4444455555 3333377777 111333666 555888 111111111122222 3333300000 3333344444 5555511111 111115555588888 147 Other assets3 30,049 11,,117744 99999,,,,,222222222288888 11111,,,,,111113333300000 11111,,,,,777773333355555 222,,,222666555 222,,,444999666 33333,,,,,444441111188888 777774444433333 777775555511111 11111,,,,,000005555533333 11111,,,,,999994444400000 4,115 Interdistrlet settlement account 0 --11,,334455 +++++55555,,,,,222224444455555 +++++444448888888888 -----222220000077777 +++ 888333666 +++111,,,000222333 -----22222,,,,,444446666633333 +++++888889999900000 +++++ 111111111177777 +++++11111,,,,,666665555599999 -----999997777766666 -5,267 TOTAL ASSETS 367,414 19,787 111112222299999,,,,,222223333377777""""" 1111144444,,,,,555551111188888 2222233333,,,,,999994444400000 222999,,,555555000 111777,,,777666555 4444400000,,,,,000004444400000 1111133333,,,,,444442222244444 88888,,,,,888889999955555 1111155555,,,,,555558888811111 1111155555,,,,,888881111144444 38,862 1 Does not include US 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 $ 6,221 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 0 million securities loaned-fully secured by U.S. government securities. 3 Includes asstis denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 94 million in Ireasury 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 MAY 19, 1993 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 317,872 17,539 115,957 11,540 21,404 25,698 11,912 35,560 11,868 7,519 13,641 13,247 31,989 Deposits Depository institutions 28,283 1,526 3,594 2,310 1,710 2,730 4,437 2,770 1,141 725 1,236 1,597 4,506 U.S. Treasury--general account 6,080 0 6,080 0 0 0 0 0 0 0 0 0 Foreign--official accounts 263 5 164 5 8 10 13 16 3 4 5 10 21 Other 323 1 123_ 1 5 75 2 97 0 4 3 1 11 Total deposits 34,949 1,532 9,962 2,316 1,723 2,815 4,452 ».,883 1,145 733 1,243 1,608 4,537 Deferred credit items 5,498 330 662 314 254 406 659 573 168 393 340 343 1,056 Other liabilities and accrued dividends1 2,205 131 661 102 143 172 127 252 90 61 108 105 254 TOTAL LIABILITIES 360,524 19,531 127,242 14,271 23,524 29,091 17,150 39,267 13,271 8,705 15,332 15,303 37,836 CAPITAL ACCOUNTS Capital paid in 3,284 119 941 117 197 219 302 367 71 92 118 248 493 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other- capital accounts 552 29 168 13 43 30 24 60 12 18 21 51 83 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 367,414 19,787 129,237 14,518 23,940 29,550 17,765 40,040 13,424 8,895 15,581 15,814 38,862 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 381,079 20,400 136,696 13,373 24,234 31,113 17,545 40,610 14,061 8,553 15,199 16,789 42,506 Less- Held by F.R. Banks _ 63^207 2,861 20,739 1,833 2^831 5,416 5,634 B,050 2,192 1,033 1,556 3,542 10,517 F.R. notes, net 31/7,872~ 17,539 115,957 11,540 21,404 25,698 11,912 35,560 11,868 7,519 13,641 13,247 31,989 Collateral held against F.R. notes Gold certificate account 11,054 Special dtawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities _29ft,800 Total collateral 317,872 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