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. «4L Rt^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 19, 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 18, 1993 Aug 11, 1993 Aug 19, 1992 Aug 18, 1993 Reserve Bank credit1 2 357,185 + 812 + 40,133 359,596 U.S. government securities Bought outright--system account 314,821 + 1,683 + 38,771 315,117 Held under repurchase agreements 4,540 + 215 + 1,842 7,675 Federal agency obligations Bought outright 4,964 0 - 647 4,964 Held under repurchase agreements 237 - 109 + 161 170 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 32 - 343 - 13 38 Seasonal credit 236 + 18 + 13 243 Extended credit 0 0 0 0 Float 519 - 102 - 288 455 Other F.R. assets 31,835 - 550 + 294 30,934 Gold stock 11,057 0 - 2 11,057 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,776 + 14 + 484 21,776 Total factors supplying reserve funds 398,036 + 826 _ 38,615 400,447 Currency in circulation* 348,799 + 382 + 32,497 348,731 Treasury cash holdings* 386 + 1 - 165 386 Deposits, other than reserve balances, with F.R. Banks Treasury 5,675 + 14 + 384 6,650 Foreign 238 - 53 + 26 221 Service-related balances and adjustments3 6,097 + 63 + 505 6,097 Other 294 + 3 0 261 Other F.R. liabilities and capital 9,403 + 64 + 1,135 9,256 Total factors, other than reserve balances, absorbing reserve funds 370,893 + 474 + 34,382 371,602 Reserve balances with F.R. Banks4 27,143 + 353 + 4,233 28,845 On August 18, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 325,011 million, a change of + $ 506 million for the week. 1 Net of $ 6,040 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,040 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,005 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,005 million was with foreign official and international accounts. Includes $ 120 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,904 million and adjustments of $ 193 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. jp*^ n > 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 18, 1993 Aug 11, 1993 Aug 19, 1992 ASSETS Gold certificate account 11,057 - 1 3 Special drawing rights certificate account 8,018 o - 2,000 Coin 393 * i ! - 97 - Loans 281 Hh 44 18 Acceptances 0 0 0 Federal agency obligations Bought outright 4,964 0 - 647 Held under repurchase agreements1 170 - 181 • 170 U.S. government securities Bought outright--Bills 152,618 • 530 + 15,547 Notes 124,661 • 789 + 17,039 Bonds 37,838 + 361 • 5,031 Total bought outright2 315,117 + 1,680 + 37,617 Held under repurchase agreements1 7,675 + 2,653 + 7,093 Total U.S. government securities 322,792 + 4,333 + 44,710 Total loans and securities 328,207 + 4,197 + 44,214 Items in process of collection (588) 5,728 + 462 + 192 Bank premises 1,045 •¥ 2 + 29 Other assets3 29,796 - 1,649 + 360 TOTAL ASSETS (588) 384,244 + 3,012 + 42,696 LIABILITIES Federal Reserve notes 327,734 - 138 + 31,875 Deposits Depository institutions 35,224 + 979 + 7,365 U.S. Treasury--general account 6,650 + 1,988 • 2,238 Foreign--official accounts 221 + 24 - 32 Other 261 - 40 - 60 Total deposits 42,356 + 2,951 + 9,511 Deferred availability cash items (588) 4,898 + 230 + 139 Other liabilities and accrued dividends4 2,329 - 24 + 479 TOTAL LIABILITIES (588) 377,318 + 3,019 + 42,004 CAPITAL ACCOUNTS Capital paid in 3,309 + 9 + 358 Surplus 3,054 0 + 402 Other capital accounts 564 1 16 - 69 * 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 $ 6,005 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 120 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 18, 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 260 0 WWiitthhiinn 1155 ddaayyss 2244,,444400 771111 597 + 121 16 days to 90 days 21 0 1166 ddaayyss ttoo 9900 ddaayyss 7722,,997744 ++ 55,,882299 424 302 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110011,,223388 33,,332299 1,099 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7722,,003399 ++ 11,,558822 2,226 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,770077 ++ 666688 647 0 OOvveerr 1100 yyeeaarrss 3300,,339944 ++ 229955 142 0 Total 281 0 TToottaall 332222,,779922 ++ ~~ 44,,333333 5,134 181 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 18, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louts 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 393 11 11 15 19 68 58 31 25 17 27 35 76 Loans 281 0 0 2 0 6 11 14 46 131 15 9 49 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 170 0 170 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 152,618 9,006 52,703 5,784 10,252 11,904 6,209 17,736 5,389 3,493 5,788 6,536 17,817 Notes 124,661 7,356 43,049 4,724 8,374 9,724 5,071 14,487 4,401 2,853 4,728 5,339 14,554 Bonds 37,838 2,233 13,066 1,434 2,542 2,951 1,539 4,397 1,336 866 1,435 1,620 4,417 Total bought outright2 315,117" 18,595 108,819 11,942 21,167 24,580 12,819 36,621 11,126 7,213 11,951 13,495 36,788 Held under repurchase agreements1 7,675 0 7,675 0 0 00 00 00 00 00 00 00 0 Total U.S. govt, securities 322,792 18,595 116,494 11,942 21,167 2244,,558800 1122,,881199 3366,,662211 1111,,112266 77,,221133 1111,,995511 1133,,449955 36,788 Total loans and securities 328,207 18,888 118,378 12,132 21,501 24,973 13,032 37,211 11,347 7,457 12,155 13,717 37,417 Items in process of collection 6,316 354 707 485 260 467 742 637 222 418 436 408 1,180 Bank premises 1,045 91 139 45 37 138 59 112 30 34 51 159 149 Other assets3 29,796 1,146 9,553 1,100 1,689 2,240 2,427 3,322 724 730 1,028 1,844 3,995 Interdistrict settlement account 0 -1,628 +2,340 + 137 -385 +1,758 + 900 -1,222 +854 + 11 +2,013 -529 -4,248 TOTAL ASSETS 384,832 20,033 137,692 14,615 24,378 31,194 18,045 42,314 13,762 9,097 16,317 16,520 40,865 i 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 $ 6005 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 120 million securities loaned-fuliy 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 18, 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 327,734 17,451 121,014 11,988 21,798 27,290 13,197 36,818 12,248 7,200 14,261 12,877 31,592 Deposits Depository institutions 35,224 1,856 6,414 1,912 1,791 2,817 3,434 3,783 1,085 1,259 1,324 2,638 6,910 U.S. Treasury--general account 6,650 0 6,650 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 221 5 122 5 8 10 13 16 3 4 5 10 21 Other , 261 . 1 123 1 1 38 2 86 00 44 33 11 2 Total deposits 42,356 1,862 13,309 1,918 1,800 2,865 3,450 3,885 11,,008899 11,,226666 11,,333322 22,,664499 6,932 Deferred credit items 5,486 327 639 359 199 405 639 549 180 376 358 381 1,075 Other liabilities and accrued dividends1 2,329 137 730 104 147 176 129 267 93 64 114 107 262 TOTAL LIABILITIES 377,906 19,777 135,691 14,370 23,944 30,736 17,414 41,520 13,610 8,906 16,065" 16,014 39,860 CAPITAL ACCOUNTS Capital paid in 3,309 119 947 117 207 218 310 378 71 92 120 246 485 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 564 29 169 11 52 30 32 70 11 19 23 48 69 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 384,832 20,033 137,692 14,615 24,378 31,194 18,045 42,314 13,762 9,097 16,317 16,520 40,865 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 391,195 19,696 141,878 13,802 25,089 32,771 19,105 42,382 14,531 8,44b 15,989 16,458 41,048 Less--Held by F.R. Banks 63,461 2,246 20,864 1,813 3,291 5,481 5,908 5,564 2,284 11,,224466 11,,772277 33,,558800 9,457 F.R. notes, net 327,734 17,451 121,014 11,988 21,798 27,290 13,197 36,818 12,248~ 77,,220000 1144,,226611 1122,,887777 31,592 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 308,659 Total collateral 327,734 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