H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.^o?J£w>. 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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 22, 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 2211,, 11999933 Jul 14, 1993 Jul 22, 1992 Jul 21, 1993 Reserve Bank credit1 2 357,385 + 1,503 + 43,574 360,516 U.S. government securities Bought outright — system account 313,429 + 1,484 + 38,243 312,748 Held under repurchase agreements 5,774 + 46 + 4,712 8,918 Federal agency obligations Bought outright 5,013 11 670 5,013 Held under repurchase agreements 643 + 274 + 616 846 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 14 + 10 + 5 12 Seasonal credit 218 + 15 + 10 225 Extended credit 0 0 0 0 Float 339 352 + 54 483 Other F.R. assets 31,956 + 38 + 604 32,271 Gold stock 11,057 0 2 11,057 Special drawing rights certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,783 + 14 + 509 21,783 Total factors supplying reserwe funds 398,244 + 1,517 + 42,081 401,374 Currency in circulation* 346,465 1,359 + 32,557 345,994 Treasury cash holdings* 408 18 178 408 Deposits., other than reser^B balances, with F.R. Banks Treasury 6,065 757 • 833 6,787 Foreign 197 + 5 67 198 Service-related balances and adjustments3 6,209 + 16 + 276 6,209 Other 273 20 + 41 262 Other F.R. liabilities and capital 9,325 + 38 + 1,140 9,187 Total factors, other than reserve balances, absorbing reserve funds 368,942 2,096 + 34,601 369,044 Reserve balances with F.R. Banks4 29,302 + 3,612 + 7,479 32,330 On July 21, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 313,664 million, a change of - $ 4,448 million for the week. 1 Net of $ 5588 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,588 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6269 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,269 million was with foreign official and international accounts. Includes $ 0 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,996 million and adjustments of $ 213 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 Wed • nesday Jul 21, 1993 1 Jul 14, 1993 Jul 22, 1992 ASSETS Gold certificate account 11,057 0 - 2 Special drawing rights certificate account 8,018 0 - 2,000 Coin 386 + 7 - 83 Loans 237 + 23 + 6 Acceptances 0 0 0 Federal agency obligations Bought outright 5,013 0 - 662 Held under repurchase agreements1 846 + 646 + 783 U.S. government securities Bought outright--Bills 151,699 - 97 + 14,207 Notes 123,572 - 298 + 16,598 Bonds 37,477 0 + 4,418 Total bought outright2 312,748 - 395 + 35,222 Held under repurchase agreements1 8,918 + 3,066 + 7,078 Total U.S. government securities 321,666 + 2,671 + 42,300 Total loans and securities 327,762 + 3,341 + 42,428 Items in process of collection (562) 5,438 - 515 + 225 Bank premises 1,041 0 + 13 Other assets3 31,323 + 192 + 1,200 TOTAL ASSETS (562) 385,026 + 3,025 + 41,781 LIABILITIES Federal Reserve notes 325,005 - 1,481 + 31,522 Deposits Depository institutions 38,787 + 5,504 + 7,483 U.S. Treasury--general account 6,787 - 310 + 1,746 Foreign--official accounts 198 - 5 - 177 Other 262 - 209 + 44 Total deposits 46,034 + 4,980 • 9,097 Deferred availability cash items (562) 4,800 - 424 - 23 Other liabilities and accrued dividends'* 2,288 - 43 + 401 TOTAL LIABILITIES (562) 378,127 + 3,031 + 40,997 CAPITAL ACCOUNTS Capital paid in 3,297 + 3 + 389 Surplus 3,054 0 + 402 Other capital accounts 548 - 10 - 7 * 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 $ 6,269 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 $ 29 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 21, 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 securit ies obligations LLooaannss AAcccceeppttaanncceess Holdings c W h e a e n k g l e y s Hiio li dji-n qy s ' | 1 c .W h e a e n k g l e y s Within 15 days 207 0 WWiitthhiinn 1155 ddaayyss 24,426 ++ 33,,881155 999966 + 747 16 days to 90 days 31 0 1166 ddaayyss ttoo 9900 ddaayyss 71,274 880011 668822 101 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 103,886 5588 11,,113322 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 71,041 ++ 338811 22,,117766 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 20,940 666666 773322 0 OOvveerr 1100 yyeeaarrss 30,099 00 114422 0 Total 237 0 TToottaall 321,666 ++ 22,,667711 55,,885599 + 646 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 21, 1993 Millions of dollars Kansas San Total BBoossttoonn ii New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,057 666600 3,757 399 701 899 509 1,186 392 243 409 510 1,392 Special drawing rights cert if. acct 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 386 10 9 14 22 66 54 27 25 20 30 33 77 Loans 237 0 0 1 0 11 8 21 29 124 18 8 16 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,013 296 1,731 190 337 391 204 583 177 115 190 215 585 Held under repurchase agreements1 846 0 846 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright~~Bills 151,699 8,952 52,386 5,749 10,190 11,833 6,171 17,629 5,356 3,472 5,754 6,497 17,710 Notes 123,572 7,292 42,673 4,683 8,301 9,639 5,027 14,361 4,363 2,829 4,687 5,292 14,426 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 312,748 18,455 108,001 11,852 21,008 24,395 12,723 36,345 11,042 7,159 11,862 13,394 36,5i: Held under repurchase agreements1 8,918 0 8,918 0 0 0 0 0 0 0 0 0 0 Total U.S, govt, securities 321,656 18,455 116,919 11,852 21,008 24,395 12,723 36,345 11,042 7,159 11,862 13,394 36,512 Total loans and securities 327,762 18,751 119,496 12,043 21,345 24,797 12,935 36,949 11,249 7,398 12,070 13,617 37,113 Items in process of collection 6,000 361 762 392 218 435 643 488 300 348 403 625 1,027 Bank premises 1,041 90 139 45 37 137 58 112 30 34 51 159 148 Other assets3 31,323 1,221 10,341 1,144 1,772 2,333 2,475 3,406 772 758 1,073 1,895 4,133 Interdistrict settlement account 0 1,243 + 769 ++ 119977 -313 +2,716 +1,628 -1,316 +434 -20 +1,918 -810 -3,960 TOTAL ASSETS 385,588 20,362 138,081 1144,,553377 24,338 32,035 18,620 41,887 13,369 8,966 16,154 16,405 40,835 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 $ 6,269 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 $ 29 million in Treasury biils 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 21, 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 525,005 17,449 118,620 11,845 21,771 27,262 15,070 56,660 11,925 7,267 14,255 15,000 51,884 Deposits Depository institutions 58,787 2,186 9,087 1,994 1,790 5,646 4,210 5,627 979 1,076 1,166 2,585 6,640 U.S. Treasury--general account 6,787 0 6,787 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 198 5 99 5 8 10 15 16 5 4 5 10 21 Other 262 1 115500 1 0 85 22 5500 00 55 66 22 2 Total deposits 46,054 2,195 1166,,110055 2,001 1,799 5,740 44,,222244 55,,667755 998855 11,,008855 11,,117777 22,,559977 6,662 Deferred credit items 5,562 550 644 545 192 405 569 509 214 562 562 599 1,055 Other liabilities and accrued dividends1 2,288 154 711 105 145 178 112255 262 95 65 112 110044 255 TOTAL LIABILITIES 578,689 20,106 156,077 14,294 25,906 51,586 1177,,998899 41,105 15,215 8,775 15,905 1155,,990000 59,856 CAPITAL ACCOUNTS Capital paid in 5,297 119 946 116 206 215 512 574 72 92 119 246 480 Surplus 5,054 108 885 117 176 210 290 546 70 80 109 212 450 Other capital accounts 554488 29 175 10 4499 2244 5500 6644 1155 1199 2222 4488 68 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 585,588 20,562 158,081 14,557 24,558 52,055 18,620 41,887 15,569 8,966 16,154 16,405 40,855 FEDERAL RESERVE AGENTS' ACCOUNTS F.3. notes outstanding 588,872 19,855 140,577 15,559 25,096 52,505 18,951 42,002 14,112 8,448 15,929 16,559 41,520 Less-~Held by F.R. Banks 65,867 2,406 2211,,775577 1,714 5,525 55,,224422 55,,886611 55,,554422 22,,118877 11,,118822 11,,667766 55,,555588 9,657 F.R. notes, net 525,005 17,449 111188,,662200 11,845 21,771 "" 2277,,226622 1155,,007700 5566,,666600 1111,,992255 77,,226677 1144,,225555 1155,,000000 51,884 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 505,950 Total collateral 525,005 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