H.4.1 Factors Affecting Reserve Balances of Depository Institutions

• cok£gte? 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^TRE1 H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 12, 1993 Millions of dollars Averages of 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 11, 1993 Aug 4, 1993 Aug 12, 1992 Aug 11, 1993 Reserve Bank credit1 2 356,377' + 2,416 + 41,535 356,645 U.S. government securities Bought outright--system account 313,139 - 803 + 37,594 313,437 Held under repurchase agreements 4,325 + 2,068 + 3,507 5,022 Federal agency obligations Bought outright 4,964 0 - 647 4,964 Hald under repurchase agreements 346 + 287 323 351 «• Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 375 + 366 + 363 18 Seasonal credit 218 - 1 + 1 219 Extended credit 0 0 0 0 Float 625 + 192 + 238 53 Other F.R. assets 32,385 + 306 + 156 32,582 Gold stock 11,057 0 - 3 11,057 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,795 + 14 + 506 21,795 Total factors supplying reserve funds 397,246 _. 2,430 _ 40,038 3977515 Currency in circulation* 348,449 + 1,877 + 32,230 348,889 Treasury cash holdings* 385 0 - 175 386 Deposits, other than reserve balances, with F.R. Banks Treasury 5,661 - 273 + 217 4,662 Foreign 291 + 30 + 96 197 Service-related balances and adjustments3 6,034 - 44 * 412 6,034 Other 291 + 36 + 31 301 Other F.R. liabilities and capital 9,339 - 21 + 548 9,287 Total factors, other than reserve balances, absorbing reserve funds 370,452 + 1,605 + 33,358 369,756 Reserve balances with F.R. Banks4 26,794 + 825 + 6,680 27,759 On August 11, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 324,505 million, a change of + $ 9,650 million for the week. 1 Net of $ 8,366 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,366 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,259 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6.259 million was with foreign official and international accounts. Includes $ 180 million securities loaned-fuiiy secured U.S. government securities. 3 Consists of required clearing balances of S 5,904 million and adjustments of $ 130 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. f r - 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 11, 1993 Aug 4, 1993 Aug 12, 1992 ASSETS Gold certificate account 11,057 0 - 2 Special drawing rights certificate account 8,018 0 - 2,000 Coin 392 0 - 96 Loans 237 + 14 + 2 Acceptances 0 0 0 Federal agency obligations Bought outright 4,964 0 - 647 Held under repurchase agreements1 351 + 182 + 351 U.S. government securities Bought outright--Bills 152,088 + 415 + 16,840 Notes 123,872 0 + 16,703 Bonds 37,477 0 + 4,418 Total bought outright2 313,437 + 415 + 37,960 Held under repurchase agreements1 5,022 - 1,377 + 5,022 Total U.S. government securities 318,459 - 962 + 42,982 Total loans and securities 324,011 - 766 + 42,688 Items in process of collection (561) 5,266 - 959 - 58 Bank premises 1,044 0 + 29 Other assets3 31,446 + 97 • 214 TOTAL ASSETS (561) 381,233 - 1,627 + 40,774 LIABILITIES Federal Reserve notes 327,872 + 1,345 + 31,522 Deposits Depository institutions 34,245 + 585 + 8,373 U.S. Treasury--general account 4,662 - 2,618 - 301 Foreign--official accounts 197 79 + 56 •- Other 301 * 13 + 36 Total deposits 39,405 - 2,100 + 8,164 Deferred availability cash items (561) 4,668 976 - 82 -• Other liabilities and accrued dividends4 2,353 - 23 * 467 TOTAL LIABILITIES (561) 374,299 - 1,753 + 40,072 CAPITAL ACCOUNTS Capital paid in 3,300 - 3 * 359 Surplus 3,054 0 • 402 Other capital accounts 580 + 129 - 59 * 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 $ 6,259 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 85 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 11, 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 68 0 WWiitthhiinn 1155 ddaayyss 2255,,115511 + 2,674 476 + 307 16 days to 90 days 169 0 1166 ddaayyss ttoo 9900 ddaayyss 6677,,114455 3,807 726 125 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110044,,556677 • 171 1,099 + IS OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7700,,445566 0 2,226 + 70 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,004400 0 647 85 OOvveerr 1100 yyeeaarrss 3300,,009999 0 142 0 Total 237 0 TToottaall 331188,,445599 962 5,315 + 182 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 11, 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 10 12 15 19 68 57 30 22 18 27 35 30 Loans 237 0 0 1 0 4 6 12 50 131 13 4 16 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* 351 0 351 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 152,088 8,975 52,520 5,764 10,216 11,863 6,187 17,675 5,370 3,481 5,768 6,513 17,755 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 1,525 4,355 1,323 858 1,421 1,605 4,375 Total bought outright2 313,437 18,496 108,238 11,878 21,055 24,449 12,7*1 36,425 11,067 7,175 11,888 13,423 36,592 Held under repurchase agreements1 5,022 0 5,022 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 318,459 18,496 113,260 11,878 21,055 24,449 12,751 36,425 11,067 7,175 11,888 13,423 36,592 Total loans and securities 324,011 18,789 115,326 12,068 21,388 24,840 12,959 37,014 11,292 7,419 12,089 13,640 37,188 Items in process of collection 5,827 348 629 409 200 403 775 524 178 369 389 431 1,172 Bank premises 1,044 90 139 45 37 138 59 112 30 34 51 159 149 Other assets3 31,446 1,254 10,031 1,166 1,818 2,376 2,508 3,525 786 772 1,095 1,918 4,197 Interdistrict settlement account 0 -1,470 +2,272 +29 -292 +2,147 +1,608 -1,288 +907 -153 +1,858 -1,190 -4,428 TOTAL ASSETS 381,794 20,191 134,974 14,434 24,427 31,523 18,791 42,139 13,776 8,887 16,117 15,880 40,654 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 $ 6,259 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 85 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 11, 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 327,872 17,437 120,504 11,963 21,799 27,441 13,405 36,630 12,197 7,196 14,240 12,994 32,067 Deposits Depository institutions 34,245 2,026 6,239 1,739 1,858 2,966 4,006 3,857 1,158 1,077 1,141 1,912 6,267 U.S. Treasury--general account 4,662 0 4,662 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 197 5 98 5 8 10 13 16 3 4 5 10 21 Other 301 1 125 1 1 78 2 86 0 44 22 11 2 Total deposits 39,405 2,032 11,124 1,744 1,867 3,053 4,022 3,958 1,161 11,,008844 11,,114488 11,,992222 6,289 Deferred credit items 5,230 335 609 373 166 393 602 485 169 352 362 349 1,033 Other liabilities and accrued dividends1 2,353 140 716 107 158 181 129 273 95 63 116 108 267 TOTAL LIABILITIES 374,860 19,944~ 132,952' 14,188 23,991 31,068 18,158 41,346 13,622 8,696 15,865 15,374 39,655 CAPITAL ACCOUNTS Capital paid in 3,300 119 946 117 207 216 310 378 71 92 120 246 481 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 580 20 191 12 54 29 34 69 13 19 23 48 68 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 381,794 20,191 134,974 14,434 24,427 31,523 18,791 42,139 13,776 8,887 16,117 15,880 40,654 FEOER/iinRESERVE AGENTS^™ ACCOUWS F.R. notes outstanding 390,313 19,655 141,395 13,681 25,001 32,657 19,228 42,087 14,414 8,437 15,921 16,534 41,303 Less--Held by F.R. Banks 62,442 2,218 20,891 1,718 3,201 5,216 5,824 5,457 2,217 1,241 1,682 3,540 9,236 F.R. notes, net 327,872 17,437 120,504 11,963 21,799 27,441 13,405 36,630 12,197 7,196 14,240 12,994~ 32,067 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 308,796 Total collateral 327,872 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