H.4.1 Factors Affecting Reserve Balances of Depository Institutions

$HB - FEDERAL RESERVE Z 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 August 5, 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 Aug 4, 1993 28, 1993 Aug 5, 1992" Aug 4, 1993 Reserve Bank credit1 2 353,985 + 2,839 + 37,557 357,586 U.S. government securities Bought outright--system account 313,941 + 30 + 38,890 313,021 Held under repurchase agreements 2,257 + 2,257 - 663 6,399 Federal agency obligations Bought outright 4,964 - 28 - 655 4,964 Held under repurchase agreements 59 + 59 • 51 169 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 9 - 2 - 12 5 Seasonal credit 220 - 4 - 2 218 Extended credit 0 0 0 0 Float 457 + 125 - 113 370 Other F.R. assets 32,079 + 402 + 61 32,439 Gold stock 11,057 0 - 2 11,057 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,781 +_ 14 + 495 21,781 Total factors supplying reserve funds 394,841 2,852 _ 36,049 398,441 Currency in circulation* 346,573 + 974 + 31,817 347,530 Treasury cash holdings* 386 - 19 - 190 385 Deposits/ other than reserve balances, with F.R. Banks Treasury 5,934 + 499 - 773 7,280 Foreign 261 + 8 + 11 277 Service-related balances and adjustments3 6,078 - 71 + 605 6,078 Other 255 - 4 + 22 289 Other F.R. liabilities and capital 9,360 + 54 + 584 9,184 Total factors, other than reserve balances, absorbing reserve funds 368,847 + 1,441 + 32,076 371,022 Reserve balances with F.R. Banks4 25,994 + 1,412 + 3,973 27,419 On August 4, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 314,855 million, a change of 4- $ 3,552 million for the week. 1 Net of $ 5,290 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,290 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,295 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,295 million was with foreign official and international accounts. Includes $ 206 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,910 million and adjustments of $ 169 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 Aug 4, 1993 Jul 28, 1993 Aug 5, 1992 ASSETS Gold certificate account 11,057 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 392 + 4 - 88 Loans 223 - 6 - 5 Acceptances 0 0 0 Federal agency obligations Bought outright 4,964 0 - 647 Held under repurchase agreements1 169 + 169 + 114 U.S. government securities Bought outright--Bills 151,673 - 269 + 17,061 Notes 123,872 + 300 + 16,898 Bonds 37,477 0 + 4,418 Total bought outright2 313,021 + 31 + 38,376 Held under repurchase agreements1 6,399 + 6,399 - 4,283 Total U.S. government securities 319,420 + 6,430 + 34,093 Total loans and securities 324,777 + 6,593 + 33,555 Items in process of collection (636) 6,225 + 1,219 - 169 Bank premises 1,043 + 1 + 29 Other assets3 3311,,334488 + 676 580 TOTAL ASSETS ((663366)) 338822,,886600 + 8,492 ++ 30,744 LIABILITIES Federal Reserve notes 326,527 + 1,741 + 31,076 Deposits Depository institutions 33,660 + 4,050 - 859 U.S. Treasury--general account 7,280 + 1,533 - 348 Foreign--official accounts 277 + 43 + 98 Other 289 + 55 + 44 Total deposits 41,505 + 5,681 - 1,065 Deferred availability cash items (636) 5,644 + 1,039 + 268 Other liabilities and accrued dividends4 2,376 + 140 + 426 TOTAL LIABILITIES (636) 376,052 + 8,601 + 30,705 CAPITAL ACCOUNTS Capital paid in 3,303 + 7 + 363 Surplus 3,054 0 + 402 Other capital accounts 451 - 117 - 726 * 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 $ 6,295 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 206 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 $ 66 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, AUGUST 4, 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 48 0 Within 15 days 22,477 + 6,689 169 + 68 16 days to 90 days 175 0 16 days to 90 days 70,952 3,654 851 + 104 Over 90 days 0 0 91 days to 1 year 104,396 + 3,880 1,084 3 Over 1 year to 5 years 70,456 585 2,156 0 Over 5 years to 10 years 21,040 + 100 732 0 Over 10 years 30,099 0 142 0 Total 223 0 Total 319,420 + 6,430 5,133 + 169 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 AUGUST 4, 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 11,057 660 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 392 11 9 14 19 69 56 31 23 18 27 36 78 Loans 223 0 0 1 0 1 6 11 33 131 13 8 20 Acceptances 0 0 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 169 0 169 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 151,673 8,950 52,377 5,748 10,188 11,831 6,170 17,626 5,355 3,472 5,752 6,496 17,707 Notes 123,872 7,310 42,776 4,694 8,321 9,662 5,039 14,396 4,374 2,835 4,698 5,305 14,461 Bonds 37,477 2,211 12,942 1,420 2,517 2,923 11,,552255 44,,335555 11,,332233 885588 11,,442211 11,,660055 4,375 Total bought outright2 313,021 18,471 108,095 11,863 21,027 24,416 1122,,773344"" 3366,,337777 1111,,005522 77,,116655 1111,,887722 1133,,440066 36,544 Held under repurchase agreements1 6,399 0 6,399 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 319,420 18,471 114,494 11,863 21,027 24,416 1122,,773344 3366,,337777 1111,,005522 77,,116655 1111,,887722 13,406 36,544 Total loans and securities 324,777 18,764 116,377 12,052 21,360 24,804 1122,,994422 3366,,996655 1111,,226600 77,,440099 1122,,007733 13,626 37,143 Items in process of collection 6,860 483 898 491 203 513 817 570 264 394 420 531 1,274 Bank premises 1,043 90 139 45 37 138 59 112 30 34 51 159 149 Other assets3 31,348 1,247 10,089 1,156 1,792 2,354 2,483 3,495 777 789 1,086 1,911 4,168 Iivlerdistrict settlement account 0 -1,666 •3,601 -259 -50 +2,232 +1,337 -1,686 + 765 -225 +1,843 -1,255 -4,638 TOTAL ASSETS 383,495 20,101 137,679 14,201 24,619 31,662 18,522 41,709 13,681 8,848 16,108 15,896 40,470 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 $ 6,295 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 206 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 $ 66 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 AUGUST 4, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louts Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 326,527 17,317 119,317 11,899 21,711 27,383 13,553 36,511 12,174 7,196 14,270 13,008 32,188 Deposits Depository institutions 33,660 1,936 7,281 1,557 2,101 3,082 3,431 3,546 1,019 997 1,088 1,832 5,790 U.S. Treasury--general account 7,280 0 7,280 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 277 5 178 5 8 10 13 16 3 4 5 10 21 Other 289 1 123 1 1 81 6 67 0 4 3 1 1 Total deposits 41,505 1,942 14,862 1,564 2,110 3,173" 3,450~ 3,628" 1,023" 1,004 1,096 1,843 5,812 Deferred credit items 6,280 445 795 390 217 481 767 523 237 396 377 440 1,214 Other liabilities and accrued dividends1 2,376 141 740 106 150 179 128 272 94 65 118 107 274 TOTAL LIABILITIES 376,687 19,844 135,714 13,959 24,187 31,216" 17,898 40,934 13,528 8,661 15,861 15,398 39,487 CAPITAL ACCOUNTS Capital paid in 3,303 119 946 118 208 215 310 378 72 92 120 246 481 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 451 29 134 6 48 20 25 51 11 16 18 40 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 383,495 20,101 137,679 14,201 24,619 31,662 18,522 41,709 13,681 8,848 16,108 15,896 40,470 FEDlRXrRESE^VE~AGENTS' ACCOUNTS" F.R. notes outstanding 389,770 19,635 140,689 13,658 24,992 32,749 19,448 41,893 14,298 8,422 15,894 16,628 41,464 Less--Held by F.R. Banks 63,243 2,318 21,371 1,759 3,281 5,366 5,895 5,382 2,124 1,226 1,624 3,620 9,276 F.R. notes, net 326,527 17,317 119,317 11,899 21,711 27,383 13,553 36,511 12,174 7,196 14,270 13,008 32,188 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 307,452 Total collateral 326,527 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