H.4.1 Factors Affecting Reserve Balances of Depository Institutions

[o^oovj- 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. •4LR£^. H.4.1 Factors Affecting Reserve Balances of Depository institutions and Condition Statement of F.R. Banks September 9, 1993 Millions of dollars 1" ~~ Averages of daily figures RRReeessseeerrrvvveee bbbaaalllaaannnccceeesss ooofff dddeeepppooosssiiitttooorrryyy iiinnnssstttiiitttuuutttiiiooonnnsss aaattt WWeeeekk eennddeedd Change from week ended Wednesday FFF...RRR... BBBaaannnkkksssjjj RRReeessseeerrrvvveee BBBaaannnkkk cccrrreeedddiiittt,,, aaannnddd rrreeelllaaattteeeddd iiittteeemmmsss SSeepp 88,, 11999933 f Sep 1, 1993 | Sep 9, 1992 Sep 8, 199 Reserve Bank credit1 2 360,828 i ,f 3,125 + 39,975 362,754 U.S. government securities Bought outright--system account 319,765 + 3,629 + 38,065 321,238 Held under repurchase agreements 2,442 - 2,287 + 965 2,274- Federal agency obligations Bought outright 4,839 0 700 4,839 Held under repurchase agreements 236 + 5 • 224 9.5 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 632 * 521 * 609 3 Seasonal credit 224 - 21 * 33 216 Extended credit 0 0 0 0 Float 694 4- 422 + 347 2,135 Other F.R. assets 31,996 + 856 • 432 31,954 Gold stock 11,056 0 3 11,056 Special drawing rights certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,818 + 14 * 509 21,818 Total factors supplying reserve funds 401,"720 +~ ~~ 3,139 "~ + '38,481 """403,647" Currency in circulation* 351,314 * 2,912 * 31,904 352,332 Treasury cash holdings* 383 + 1 152 378 Deposits, other than reserve balances, with F.R. Banks Treasury 5,949 + 404 * 26 4,116 Foreign 222 + 36 45 i 191 Service-related balances and adjustments3 6,126 + 7 * 458 | 6,126 Other 328 46 * 31 338 •*• Other F.R. liabilities and capital 9,964 + 302 + 906 1 9,42'5 Total factors, other than reserve balances, absorbing reserve funds 374,286 + 3,708 + 33,129 372,901 Reserve balances with F.R. Banks4 27,434 - 569 • 5,352 1 30,746 . 1 On September 8, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 325,559 million, a change of - $ 670 million for the week. 1 Net of $ 6,189 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,189 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 4,716 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,716 million was with foreign official and international accounts. Includes $ 10 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,970 million and adjustments of $ 156 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 Sep 8, 1993 Sep 1, 1993 Sep 9, 1992 ASSETS Gold certificate account 11,056 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 370 - 9 - 112 Loans 219 - 14 + 17 Acceptances 0 0 0 Federal agency obligations Bought outright 4,839 0 - 695 Held under repurchase agreements1 95 - 686 + 55 U.S. government securities Bought outright--Bills 154,164 + 1,787 + 17,115 Notes 128,297 + 3,086 + 17,421 Bonds 38,778 + 940 + 5,193 Total bought outright2 321,238 + 5,812 + 39,729 Held under repurchase agreements-1 2,274 - 4,296 - 2,501 Total U.S. government securities 323,512 + 1,516 + 37,228 Total loans and securities 328,665 + 816 + 36,606 Items in process of collection (690) 9,435 + 3,229 + 2,341 Bank premises 1,045 + 1 * 27 Other assets3 31,043 + 359 - 53 TOTAL ASSETS (690) 389,632 + 4,395 + 36,807 LIABILITIES Federal Reserve notes 331,262 + 2,612 + 31,093 Deposits Depository institutions 37,018 + 1,001 + 4,774 U.S. Treasury--general account 4,116 - 543 + 133 Foreign--official accounts 191 - 3 + 8 Other 338 + 3 + 60 Total deposits 41,663 + 459 + 4,975 Deferred availability cash items (690) 7,287 + 1,742 - 563 Other liabilities and accrued dividends* 2,460 + 52 + 610 TOTAL LIABILITIES (690) 382,671 + 4,865 + 36,116 CAPITAL ACCOUNTS Capital paid in 3,318 0 + 359 Surplus 3,054 0 + 402 Other capital accounts 589 - 470 - 70 * 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 $ 1.537 million was outstanding at the end of the latest statement week. 2 Net of $ 4,716 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 10 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 $ 76 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, SEPTEMBER 8, 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 60 0 WWiitthhiinn 1155 ddaayyss 1177,,114499 + 101 95 686 16 days to 90 days 158 0 1166 ddaayyss ttoo 9900 ddaayyss 7766,,003333 2,470 704 + 265 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110011,,773377 + 72 1,197 265 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7744,,997799 + 2,300 2,150 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2222,,550055 + 797 647 0 OOvveerr 1100 yyeeaarrss 3311,,111111 + 717 142 0 Total 219 0 TToottaall 332233,,551122 + 1,516 4,934 686 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 SEPTEMBER 8, 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 11,056 660 3,756 399 701 899 509 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 370 9 9 13 17 65 55 31 20 15 26 37 72 Loans 219 0 0 0 0 0 8 13 54 112 13 6 13 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,839 286 1,671 183 325 377 197 562 171 111 184 207 565 Held under repurchase agreements1 95 0 95 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 154,164 9,097 53,237 5,842 10,356 12,025 6,272 17,916 5,443 3,529 5,847 6,602 17,998 Notes 128,297 7,571 44,304 4,862 8,618 10,007 5,219 14,910 4,530 2,937 4,866 5,495 14,978 Bonds 38,778 2,288 13,391 1,470 2,605 3,025 1,578 4,506 1,369 888 1,471 1,661 4,527 Total bought outright2 321,238 18,956 110,933 12,174 21,579 25,057 13,068 37,332 11,342 7,353 12,184 13,758 37,503 Held under repurchase agreements1 2,274 0 2,274 0 0 0 0 0 00 00 000 000 0 Total U.S. govt, securities 323,512 18,956 113,207 12,174 21,579 25,057 13,068 37,332 1111,,334422 77,,335533 111222,,,111888444 111333,,,777555888 37,503 Total loans and securities 328,665 19,242" 114,973 12,358 21,904 25,435 13,273 37,908 11,567 7,575 111222,,,333888000 111333,,,999777111 38,081 Items in process of collection 10,125 558 1,581 715 432 844 1,165 1,004 364 598 655 565 1,643 Bank premises 1,045 91 139 45 37 138 59 112 30 34 51 159 149 Other assets3 31,043 1,233 9,693 1,159 1,800 2,358 2,529 3,506 776 770 1,087 1,926 4,205 Inierdistrict settlement account q_^ 1,817 +5,559 +80 + 215 + 983 +1,172 -1,423 +857 -912 +1,629 -2,014 -4,330 TOTAL ASSETS 390,322 20,487 138,518 15,072 25,662 31,375 19,081 43,360 14,175 8,510 16,435 15,531 42,116 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 $ 1,537 million was outstanding at the end of the latest statement week. 2 Net of $ 4,716 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 10 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 $ 76 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 SEPTEMBER 8, 1993 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 331,262 17,467 121,768 12,303 21,803 27,402 14,013 37,669 12,617 6,981 14,188 12,737 32,315 Deposits Depository institutions 37,018 2,127 8,684 1,880 2,846 2,547 3,376 3,724 1,015 741 1,309 1,701 7,067 U.S. Treasury--general account 4,116 0 4,116 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 191 5 92 5 8 10 13 16 3 4 5 10 21 Other 338 0 124 0 1 98 2 103 0 3 2 2 2 Total deposits 41,663 2,132 13,016 1,886 2,854 2,655 3,390 3,843 1,019 748 1,316 1,713 7,090 Deferred credit items 7,977 491 990 529 326 671 912 777 292 526 562 465 1,436 Other liabilities and accrued dividends1 2,460 | 143 722 109 244 181 131 276 95 64 116 110 270 TOTAL LIABILITIES 383,361 20,232 136,497 14,827 25,227 30,908 18,445 42,566 14,022 8,320 16,182 15,025 41,111 CAPITAL ACCOUNTS Capital paid in 3,318 119 953 117 207 220 311 379 71 92 121 246 483 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 589 27 184 11 53 36 35 70 12 18 24 48 71 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 390,322 20,487 138,518 15,072 25,662 31,375 19,081 43,360 14,175 8,510 16,435 15,531 42,116 FEDERAL RESERVE AGENTS" ACCOUNTS F.R. notes outstanding 392,708 19,591 142,063 14,160 24,968 32,683 19,602 43,185 14,986 8,377 15,987 16,319 40,787 Less--Held by F.R. Banks 61,446 2,124 20,294 1,858 3,166 5,281 5,589 5,515 2,369 1,396 1,799 3,583 8,472 F.R. notes, net 331,262 17,467 121,768 12,303 21,803 27,402 14,013 37,669 12,617 6,981 14,188 12,737 32,315 Collateral held against F.R. notes Gold certificate account 11,056 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 312,188 Total collateral 331,262 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