H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•oQi£2te FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when the information is available, on (202) 452-3206. •.f«W?> H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 3, 1993 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttii ttuutt iioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 2, 1993 "MaT 26, 1993 Jun 3, 1992 Jun 2, 1993 Reserve Bank credit1 2 347,570 - 1,330 + 38,835 349,678 U.S. government securities Bought outright--system account 305,007 - 940 + 33,944 305,878 Held under repurchase agreements 5,473 - 213 + 3,440 6,163 Federal agency obligations Bought outright 5,054 - 29 - 682 5,054 Held under repurchase agreements 34 - 357 - 80 140 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 27 + 6 - 16 8 Seasonal credit 97 + 4 - 30 110 Extended credit 0 0 0 0 Float 115 - 83 - 395 624 Other F.R. assets 31,763 + 282 + 2,654 31,701 Gold stock 11,053 - 1 - 3 11,053 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,685 + 14 + 475 21,685 Total factors supplying reserve funds 388,327 - 1,317 _ 37,307 390,434 Currency in circulation* 341,189 + 2,587 + 31,313 342,437 Treasury cash holdings* 488 0 - 194 481 Deposits, other than reserve balances, with F.R. Banks Treasury 5,984 - 126 + 444 6,751 Foreign 332 + 136 + 106 451 Service-related balances and adjustments3 6,298 - 28 •f 1,050 6,298 Other 305 - 7 + 54 307 Other F.R. liabilities and capital 9,235 - 32 + 536 9,045 Total factors, other than reserve balances, absorbing reserve funds 363,831 + 2,530 + 33,308 365,770 Reserve balances with F.R. Banks4 24,496 - 3,847 + 3,999 24,664 On June 2, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 319,112 million, a change of 4- $ 6,243 million for the week. 1 Net of $ 7,023 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,023 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,254 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,254 million was with foreign official and international accounts. Includes $ 256 million securities loaned-fuliy secured U.S. government securities. 3 Consists of required clearing balances of $ 6,113 million and adjustments of $ 186 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 Jun 2, 1993 May 26, 1993 Jun 3, 1992 ASSETS Gold certificate account 11,053 0 - 4 Special drawing rights certificate account 8,018 0 - 2,000 Coin 424 - 28 - 65 Loans 118 + 6 - 21 Acceptances 0 0 0 Federal agency obligations Bought outright 5,054 0 - 665 Held under repurchase agreements1 140 - 980 - 75 U.S. government securities Bought outright-~Bills 144,531 - 270 + 7,922 Notes 123,870 0 + 19,710 Bonds 37,477 0 + 5,134 Total bought outright2 305,878 - 270 + 32,766 Held under repurchase agreements1 6,163 - 5,767 + 4,451 Total U.S. government securities 312,041 - 6,037 + 37,217 Total loans and securities 317,354 - 7,011 + 36,456 Items in process of collection (704) 9,196 + 4,258 + 3,002 Bank premises 1,039 + 1 + 17 Other assets3 30,703 - 355 + 2,650 TOTAL ASSETS (704) 377,787 - 3,135 + 40,057 LIABILITIES Federal Reserve notes 321,657 + 2,866 + 31,651 Deposits Depository institutions 31,379 - 10,964 + 3,427 U.S. Treasury--general account 6,751 + 1,382 + 1,053 Foreign — official accounts 451 + 205 + 249 Other 307 - 4 + 62 Total deposits 38,888 - 9,381 + 4,790 Deferred availability cash items (704) 8,197 + 3,475 + 2,794 Other liabilities and accrued dividends4 2,216 - 24 + 175 TOTAL LIABILITIES (704) 370,958 - 3,064 + 39,410 CAPITAL ACCOUNTS Capital paid in 3,300 0 + 489 Surplus 3,054 0 + 402 Other capital accounts 475 - 71 - 244 * 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 S 6,254 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 256 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 $ 67 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, JUNE 2, 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 33 0 WWiitthhiinn 1155 ddaayyss 1199,,663300 + 1,384 165 586 16 days to 90 days 85 0 1166 ddaayyss ttoo 9900 ddaayyss 7744,,773322 + 5,251 527 + 125 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9944,,336611 3,631 1,412 + 151 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7711,,661133 + 548 2,237 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,660066 0 711 0 OOvveerr 1100 yyeeaarrss 3300,,009999 0 142 0 Total 118 0 TToottaall 331122,,004411 + 3,553 5,194 310 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

ti.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JUNE 2, 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 11,053 660 3,753 399 701 899 509 1,186 392 243 409 510 1,392 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 424 18 14 11 29 81 47 29 25 23 33 28 87 Loans 118 1 0 2 0 9 6 4 24 56 10 0 6 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,054 298 1,745 192 340 394 206 587 178 116 192 216 590 Held under repurchase agreements1 140 0 140 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 144,531 8,529 49,911 5,477 9,709 11,274 5,880 16,796 5,103 3,308 5,482 6,190 16,873 Notes 123,870 7,309 42,776 4,694 8,321 9,662 5,039 14,395 4,374 2,835 4,698 5,305 14,461 Bonds 37,477 2,211 12,942 1,420 2,517 2,923 1,525 4,355 1,323 858 1,421 1,605 4,375 Total bought outright2 305,878 18,050 105,628 11,592 20,547 23,859 12,444 35,547 10,800 7,002 11,601 13,100 35,710 Held under repurchase agreements1 6,163 0 6,163 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 312,041 18,050 111,791 11,592 20,547 23,859 12,444 35,547 10,800 7,002 11,601 13,100 35,710 Total loans and securities 317,354 18,349 113,677 11,786 20,886 24,262 12,655 36,139 11,003 7,173 11,803 13,316 36,305 Items in process of collection 9,900 701 1,297 674 325 891 1,150 963 384 702 617 566 1,631 Bank premises 1,039 90 140 45 37 136 58 112 30 34 51 158 147 Other assets3 30,703 1,183 9,950 1,129 1,735 2,268 2,473 3,391 771 751 1,053 1,887 4,112 Interdistrict settlement account 0 -1,790 +3,924 -36 +297 +1,335 +377 -1,659 +866 -73 +1,844 -949 -4,136 TOTAL ASSETS 378,491 19,721 135,563 14,311 24,566 30,523 17,588 41,197 13,638 9,039 16,008 15,893 40,442 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 $ 6,254 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 256 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 $ 67 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 JUNE 2, 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 321,657 17,483 116,718 11,697 21,608 26,638 12,819 35,470 11,894 7,469 13,889 13,434 32,537 Deposits Depository institutions 31,379 1,298 7,814 1,717 2,081 2,390 2,970 3,718 1,152 714 1,169 1,349 5,008 U.S. Treasury--general account 6,751 0 6,751 0 0 0 0 0 0 0 0 0 U Foreign--official accounts 451 5 352 5 8 10 13 16 3 4 5 10 21 Other 307 1 128 3 1 96 3 67 0 4 2 1 1 Total deposits 38,888 1,304 15,045 1,725 2,090 2,496 2,985 3,801 1,156 721 1,176 1,359 5,030 Deferred credit items 8,901 552 1,138 546 314 764 1,040 906 350 601 591 495 1,605 Other liabilities and accrued dividends1 2,216 132 687 101 139 170 124 250 88 60 107 102 254 TOTAL LIABILITIES 371,662 19,472 133,587 14,070 24,151 30,068 16,968 40,427 13,488 8,852 15,763" 15,390 39,425 CAPITAL ACCOUNTS Capital paid in 3,300 119 942 117 200 220 307 371 71 92 119 248 494 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 475 23 149 7 39 25 24 52 9 16 18 43 71 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 378,491 19,721 135,563 14,311 24,566 30,523 17,588 41,197 13,638 9,039 16,008 15,893 40,442 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 382,302 20,139 137,344 13,424 24,369 31,652 18,167 40,356 13,976 8,447 15,260 16,877 42,291 Less—Held by F.R. Banks 60,645 2,656 20,626 1,726 2,761 5,014 5,348 4,886 2,083 977 1,371 3,443 9,754 F.R. notes, net 321,657 17,483 116,718 11,697 21,608 26,638 12,819 35,470 11,894 7,469 13,889 13,434 32,537 Collateral held against F.R. notes Gold certificate account 11,053 Special -drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 302,586 Total collateral 321,657 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