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 wUUae announced, when 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 July 8, 1993 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss..,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJuull 77,, 11999933 Jun 30, 1993 Jul 8, 1992 Jul 7, 1993 Reserve Bank credit1 2 355,526 5,607 + 41,202 361,590 U.S. government securities Bought outright--system account 315,101 + 1,049 + 42,061 313,556 Held under repurchase agreements 2,825 4,929 + 467 8,111 Federal agency obligations Bought outright 5,032 3 678 5,032 Held under repurchase agreenents 220 361 + 215 712 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 39 164 273 198 Seasonal credit 195 + 10 + 12 196 Extended credit 0 0 0 0 Float 737 + 71 768 1,674 Other F.R. asscj*<- 31,378 1,281 + 166 32,111 Gold stock 11,057 0 2 11,057 Special drawing certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,755 + 14 + 492 21,755 Total factors supplying reserve funds 396,357 5,593 + 39,693 402,420 Currency in circulation* 346,358 + 3,481 + 33,076 347,674 Treasury cash holdings* 431 17 175 428 Deposits, other than reserve balances, with F.R. Banks Treasury 6,833 9,423 + 700 6,566 Foreign 222 + 4 30 247 Service-related balances and adjustments3 6,258 38 + 859 6,258 Other 288 3 + 60 266 Other F.R. liabilities and capital 8,953 348 265 9,099 Total factors, other than reserve balances, absorbing reserve funds 369,343 6,343 + 34,224 370,537 Reserve balances with F.R. Banks4 27,014 + 750 + 5,468 31,883 On July 7, 1993, marketable U.S. government securities held in custody by the Federal Reser/e Banks for foreign official and international accounts A^TP $ 313,312 million, a change of - $ 924 million for the week. 1 Net of S 4,214 < iiiy average, matched sale-purchase transactions outstanding during the latest statement week; of which a net of $ 4,214 .r: //as with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 5,759 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,759 million was with foreign official and international accounts, includes $ 0 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 6,054 million and adjustments of $ 204 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's 'Iqures). 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 Jul 7, 1993 Jun 30, 1993 1 Jul 8, 1992 ASSETS Gold certificate account 11,057 1) - 2 Special drawing rights certificate account 8,018 I) - 2,000 Coin 376 - 32 - 95 Loans 394 - 1,143 - 1,487 Acceptances 0 3 0 Federal agency obligations Bought outright 5,032 0 - 678 Held under repurchase agreements1 712 - 237 + 681 U.S. government securities Sought outright--Bills 152,209 + 413 + 19,778 Notes 123,870 0 + 16,896 Bonds 37,477 0 + 4,418 Total bought outright2 313,556 + 413 + 41,092 Held under repurchase agreements1 88,,111111 - 6,945 1,161 Total U.S. government securities 332211,,666677 - 6,532 ++ 42,253 Total loans and securities 327,805 - 7,910 + 40,769 Items in process of collection (606) 9,393 + 3,872 + 4,201 Bank premises 1,041 0 + 13 Other assets3 3311,,112299 882200 + 493 —— TOTAL ASSETS ((660066)) 338888,,881199 44,,889900 + 43,378 LIABILITIES Federal Reserve notes 326,723 + 3,470 + 32,559 Deposits Depository institutions 38,364 + 10,640 + 8,080 U.S. Treasury--general account 6,566 - 21,820 - 830 Foreign--official accounts 247 - 39 + 45 Other 266 - 31 + 47 Total deposits 45,443 - ll,2i50 + 7,341 Deferred availability cash items (606) 7,554 + 2,496 + 2,480 Other liabilities and accrued dividends4 2,328 + 100 + 309 TOTAL LIABILITIES (606) 382,048 - 5,134 + 42,689 CAPITAL ACCOUNTS Capital paid in 3,293 + 5 + 417 Surplus 3,053 + 15 + 402 Other capital accounts 424 + 274 - 130 * 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 l.o foreign official and international accounts of which S 0 million was outstanding at the end of the latest statement week. 2 Net of $ 5759 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 assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 57 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, JULY 7, 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 238 0 WWiitthhiinn 1155 ddaayyss 1199,,558844 1100,,338877 727 452 16 days to 90 days 156 0 1166 ddaayyss ttoo 9900 ddaayyss 7755,,886699 ++ 11,,775566 832 • 220 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110033,,884499 ++ 22,,009999 1,127 5 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7700,,666600 00 2,181 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,660066 00 736 0 OOvveerr 1100 yyeeaarrss 3300,,0099QQ 00 142 o Total 394 0 TToottaall 332211,,666677 66,,553322 5,744 237 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 JULY 7, 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 11,057 660 3,757 399 701 899 509 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 376 12 11 13 23 68 47 28 22 19 29 30 75 Loans 394 0 0 0 0 47 4 130 25 114 61 3 10 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,032 297 1,738 191 338 393 205 585 178 115 191 216 587 Held under repurchase agreements1 712 0 712 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 152,209 8,982 52,562 5,768 10,224 11,873 6,192 17,689 5,374 3,484 5,773 6,519 17,770 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 i 2,211 1122,,994422 1,420 22,,551177 22,,992233 11,,552255 44,,335555 11,,332233 885588 11,,442211 11,,660055 4,375 Total bought outright2 313,556 18,503 110088,,228800 11,883 2211,,006633 2244,,445588 1122,,775566 3366,,443399 1111//007711 77//117777 1111,,889922 1133,,442299 36,606 Held under repurchase agreements1 8,111 0 88,,111111 0 00 00 00 00 00 00 00 00 0 Total U.S. govt, securities 321,667 18,503 111166,,339911 11,883 2211,,00oo33 2244,,445588"" "" 1122,,775566 ""3366//443399 "" 1111,,007711 77,,117777 1111,,889922 1133,,442299"" 36,606 Total loans and securities !~ 327" ,805" 18,80 0~ 111188,,884400 12,074 2211,,440011 2244,,889977~~ 1122//996655"" 3377//115544 1111,,227744 77,,440077 1122//114444"" ""1133,,664477"" 37,204 Items in process of collection 9,999 583 1,152 582 438 1,046 1,242 1,001 410 632 701 579 1,632 Bank premises 1,041 90 139 45 37 137 58 112 30 34 51 158 148 Other assets3 1 31,129 1,212 10,239 1,137 1,759 2,315 2,465 3,418 774 753 1,064 1,884 4,108 Interdistrict settlement account 1 0 -906 -596 + 3 ++ 117722 ++22,,221133 ++22,,335511 --442200 ++881144 ++ 227744 ++22,,004444 -809 -5,141 TOTAL ASSETS P 389,425 20,961 136,352 14,556 2255,,008877 3322,,222277 1199//995544"" 4433,,551155 1133,,888855~~ 99,,554499 1166,,664400 16,376 40,322 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 $ 5,759 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 assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 57 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 JULY 7, 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 326,723 17,642 118,320 11,780 21,700 27,307 14,015 36,843 11,959 7,382 14,296 13,309 32,171 Deposits Depository institutions 38,364 2,448 7,483 1,997 2,474 3,470 4,290 4,765 1,322 1,368 1,365 1,985 5,396 U.S. Treasury--general account 6,566 0 6,566 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 247 5 148 5 8 10 13 16 3 4 5 10 21 Other 266 1 125 11 11 5577 22 5588 00 44 22 99 5 Total deposits 45,443 2,454 14,322 22,,000033 22,,448833 33,,553366 44,,330055 44,,883399 11,,332266 11,,337755 11,,337733 22,,000044 5,422 Deferred credit items 8,lbl 467 1,003 432 334 753 902 797 352 545 615 467 1,493 Other liabilities and accrued dividends1 2,328 139 717 108 148 180 126 268 9944 6644 111144 110066 264 TOTAL LIABILITIES 382,654 20,703 134,362 14,323 24,665 31,776 19,349 42,747 1133,,773311 99,,336655"" 1166,,339977 1155,,888866 39,350 CAPITAL ACCOUNTS Capital paid in 3,293 119 945 116 205 215 311 373 72 92 119 246 481 Surplus 3,053 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 424 32 160 0 41 26 5 49 12 11 16 32 41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 389,425 20,961 136,352 14,556 25,087 32,227 19,954 43,515 13,885 9,549 16,640 16,376 40,322 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 386,680 19,877 139,374 13,374 24,626 32,082 19,302 41,477 14,009 8,473 15,654 16,705 41,726 Less--Held by F.R. Banks 59,957 2,235 21,054 11,,559944 22,,992277 4,776 5,287 4,635 2,050 1,091 11,,335588 33,,339966 9,555 F.R. notes, net 326,723 17,642 118,320 1111,,778800 2211,,770000 27,307 14,015 36,843 11,959 7,382 1144,,229966 1133,,330099 32,171 Collateral held against F.R. notes Gold certificate account 11,057 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 307,647 Total collateral 326,723 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