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 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 29, 1993 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 28, 1993 Jul 21, 1993 Jul 29, 1992 Jul 28, 1993 Reserve Bank credit1 2 351,153 - 6,228 + 39,327 350,515 U.S. government securities Bought outright--system account 313,911 * 482 + 39,495 312,990 Held under repurchase agreements 0 - 5,774 0 0 Federal agency obligations Bought outright 4,992 - 21 - 632 4,964 Held under repurchase agreements 0 - 643 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11 - 3 - 4 9 Seasonal credit 224 + 6 + 1 220 Extended credit 0 0 0 0 Float 338 + 6 - 50 547 Other F.R. assets 31,677 - 280 + 518 31,785 Gold stock 11,057 0 - 2 11,057 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,767 + 14 + 486 21,767 Total factors supplying reserve funds 391,995 - 6,214 _ 37,812 391,357 Currency in circulation* 345,599 - 835 + 32,154 345,779 Treasury cash holdings* 405 - 3 - 178 386 Deposits, other than reserve balances, with F.R. Banks Treasury 5,435 - 629 - 127 5,747 Foreign 253 + 56 + 27 234 Service-related balances and adjustments3 6,149 - 60 + 705 6,149 Other 259 - 15 + 22 233 Other F.R. liabilities and capital 9,506 - 19 + 1,129 9,153 Total factors, other than reserve balances, absorbing reserve funds 367,406 - 1,505 + 33,732 367,681 Reserve balances with F.R. Banks4 24,588 - 4,709 + 4,080 23,676 On July 28, 1993, marketable U S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 311,303 million, a change of - $ 2,361 million for the week. 1 Net of $ 5,106 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,106 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,027 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,027 million was with foreign official and international accounts. Includes $ 291 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,915 million and adjustments of $ 234 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 Jul 28, 1993 Jul 21, 1993 Jul 29, 1992 ASSETS Gold certificate account 11,057 0 - 2 Special drawing rights certificate account 8,018 0 - 2,000 Coin 388 + 2 - 90 - - Loans 229 8 14 Acceptances 0 0 0 Federal agency obligations Bought outright 4,964 - 49 - 660 Held under repurchase agreements1 0 - 846 0 U.S. government securities Bought outright--Bills 151,941 + 242 + 17,421 Notes 123,572 0 + 16,598 Bonds 37,477 0 + 4,418 Total bought outright2 312,990 + 242 + 38,436 Held under repurchase agreements1 0 - 8,918 0 Total U.S. government securities 312,990 - 8,676 + 38,436 Total loans and securities 318,183 - 9,579 + 37,761 - - Items in process of collection (662) 5,006 432 50 Bank premises 1,043 + 2 + 14 Other assets3 30,673 - 650 + 360 TOTAL ASSETS (662) 374,368 - 10,658 + 35,993 LIABILITIES Federal Reserve notes 324,786 - 219 + 31,158 Deposits ; Depository institutions 29,610 - 9,177 + 3,248 U.S. Treasury--general account 5,747 - 1,040 + 382 Foreign--official accounts 234 + 36 + 28 Other 233 - 29 + 14 Total deposits 35,824 - 10,209 + 3,673 Deferred availability cash items (662) 4,605 - 195 + 55 Other liabilities and accrued dividends4 2,236 - 53 + 378 TOTAL LIABILITIES (662) 367,450 - 10,676 + 35,264 CAPITAL ACCOUNTS Capital paid in 3,296 - 1 + 366 Surplus 3,054 0 + 402 Other capital accounts 568 + 20 - 39 * 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 $ 6,027 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 291 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 $ 35 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 28, 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 210 0 WWiitthhiinn 1155 ddaayyss 15,788 8 638 110011 895 ; 16 days to 90 days 19 0 1166 ddaayyss ttoo 9900 ddaayyss 74,606 + 3,332 774477 + 65 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 100,516 3,370 11,,008877 45 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 71,041 0 22,,115566 20 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 20,940 0 773322 0 OOvveerr 1100 yyeeaarrss 30,099 0 114422 0 Total 229 0 TToottaall 312,990 8,676 44,,996644 895 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 28, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Chicago Minneapolis City Dallas 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 388 10 9 16 20 68 54 30 22 19 29 33 77 Loans 229 0 0 8 4 20 33 122 16 5 20 Acceptances 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,964 293 1,714 188 333 387 202 577 175 114 188 213 580 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 151,941 8,966 52,470 5,758 10,206 11,852 6,181 3,478 5,763 6,507 17,738 Notes 123,572 7,292 42,673 4,683 8,301 9,639 5,027 2,829 4,687 5,292 14,426 Bonds 37^477^ 2,211 _J.2^_942_ 1,420 2,517 2,923 1,525 858 1,421 1,605 4,375 Total bought outright2 312,990 18,469 108,084 11,861 21,025 24,414 12,733 7,164 11,871 13,404 36,540 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 312,990 18,469 108,084 11,861 21,025 24,414 12,733 36_^373 11^051 7,164 11,871 13,404 36,540 Total loans and securities 318,183 18,762 109,799 12,052 21,358 24,809 12,939 36,970 11,259 7,400 12,075 13,621 37,139 Items in process of collection 5,668 346 543 391 201 489 715 542 217 382 440 404 998 Bank premises 1,043 90 139 45 37 138 59 112 30 34 51 159 148 Other assets3 30,673 1,238 9,530 1,155 1,778 2,353 2,483 3,441 780 764 1,082 1,905 4,164 Interdistrict settlement account 0 -1,668 +6,925 +126 -514 +1,052 +1,281 -2,353 +598 -272 +1,768 1,251 -5,691 TOTAL ASSETS 375,030 19,950 133,510 14,487 24,137 30,459 18,357 40,963 13,466 8,757 16,053 15,757 39,133 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 $ 6,027 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 291 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 $ 35 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 28, 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 324,786 17,267 118,621 11,827 21,574 27,271 13,613 36,229 11,922 7,184 14,205 13,010 32,063 Deposits Depository institutions 29,610 1,978 5,603 1,953 1,800 2,143 3,395 3,081 1,098 927 1,115 1,743 4,773 U.S. Treasury--general account 5,747 0 5,747 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 234 5 135 5 8 10 13 16 3 4 5 10 21 Other 233 1 131 1 2 50 2 36 0 4 3 2 2 Total deposits 35,824 1,983 11,615 1,960 1,810 2,203 3,411 3,132 1,102 934 1,123 1,755 4,795 Deferred credit items 5,267 309 602 350 176 353 571 560 195 385 363 382 1,021 Other liabilities and accrued dividends1 2,236 134 667 105 144 173 127 225599 9922 6622^^ 111133 110044 256 TOTAL LIABILITIES 368,113 19,694 131,505 14,242 23,704 30,000 17,721 4400,,118811 1133,,331111 88,,556666 1155,,880044 1155,,225522 38,134 CAPITAL ACCOUNTS Capital paid in 3,296 119 946 116 207 215 310 374 72 92 119 246 480 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 568 29 175 12 50 34 37 62 13 19 21 48 68 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 375,030 19,950 133,510 14,487 24,137 30,459 18,357 40,963 13,466 8,757 16,053 15,757 39,133 FIDERAJTRESERVE AGENfS' ACCOUNTS F.R. notes outstanding 389,104 19,677 140,124 13,557 24,920 32,567 19,601 41,798 14,182 8,438 15,861 16,720 41,660 Less--Held by F.R. Banks 64,319 2,411 21,503 1,730 3,346 5,296 5,988 5,570 2,259 1,253 1,656 3,709 9,598 F.R. notes, net 324,786 ^7,267 118,621 11,827 21,574 27,271 13,613 36,229 11,922 7,184 14,205 13,010" 32,063 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 305,710 Total collateral 324,786 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