H.4.1 Factors Affecting Reserve Balances of Depository Institutions

A 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 October 14, 1993 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss OOcctt 1133,, 11999933 Oct 6, 1993 Oct 14, 1992 Oct 13, 1993 Reserve Bank credit1 2 362,877 118 + 39,785 363,220 U.S. government securities Bought outright--system account 320,883 + 33 + 38,846 322,978 Held under repurchase agreements 2,291 166 + 367 325 Federal agency obligations Bought outright 4,803 1 731 4,799 Held under repurchase agreements 316 289 + 163 31 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 375 47 4 Seasonal credit 218 8 + 91 210 Extended credit 0 0 0 0 Float 822 + 9 172 1,657 Other F.R. assets 33,534 • 680 + 1,269 33,216 Gold stock 11,056 0 4 11,056 Special drawing rights certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,892 + 14 + 535 21,892 Total factors supplying reserve funds 403,843 • 105 + 38,317 404,186 Currency in circulation* 353,931 + 2,159 + 32,860 354,615 Treasury cash holdings* 387 + 2 137 388 Deposits, other than reserve balances, with F.R. Banks Treasury 5,179 2,339 + 624 5,234 Foreign 209 29 84 309 Service-related balances and adjustments3 6,220 + 112 + 519 6,220 Other 292 17 * 15 283 Other F.R. liabilities and capital 9,682 61 + 1,502 9,358 Total factors, other than reserve balances, absorbing reserve funds 375,900 173 * 35,299 376,407 Reserve balances with F.R. Banks4 27,942 • 68 + 3,018 27,778 On October 13, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 325,914 million, a change of - $ 5,218 million for the week. 1 Met of $ 5,840 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,840 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,790 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,790 million was with foreign official and international accounts. Includes $ 421 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,019 million and adjustments of $ 200 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 Oct 13, 1993 Oct 6, 1993 Oct 14, 1992 ASSETS Gold certificate account 11,056 0 - 4 Special drawing rights certificate account 8,018 0 - 2,000 Coin 393 4- 4 - 122 Loans 214 - 2 - 95 Acceptances 0 0 0 Federal agency obligations Bought outright 4,799 - 5 - 735 Held under repurchase agreements1 31 - 109 - 1,013 U.S. government securities Bought outright--Bills 155,603 + 387 + 20,251 Notes 128,597 0 • 16,221 Bonds 38,778 0 + 5,193 Total bought outright2 322,978 + 387 + 41,665 Held under repurchase agreements1 325 + 275 - 9,506 Total U.S. government securities 323,303 + 662 + 32,159 Total loans and securities 328,347 + 546 + 30,317 Items in process of collection (853) 9,976 + 3,607 + 185 Bank premises 1,048 0 + 24 Other assets3 32,211 + 402 + 138 TOTAL ASSETS (853) 391,049 + 4,559 + 28,538 LIABILITIES Federal Reserve notes 333,505 + 1,910 + 32,231 Deposits Depository institutions 34,205 + 1,147 - 5,825 U.S. Treasury--general account 5,234 - 799 + 892 Foreign--official accounts 309 + 119 + 30 Other 283 - 14 - 17 Total deposits 40,031 • 453 - 4,920 Deferred availability cash items (853) 8,155 + 2,413 - 34 Other liabilities and accrued dividends4 2,349 - 23 + 580 TOTAL LIABILITIES (853) 384,040 + 4,752 * 27,856 CAPITAL ACCOUNTS Capital paid in 3,333 f 1 + 343 Surplus 3,054 0 + 402 Other capital accounts 623 - 194 - 63 * 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 $ 2,245 million was outstanding at the end of the latest statement week. 2 Net of $ 3,790 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 421 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, OCTOBER 13, 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 Weakly Holdings Holdings changes changes Within 15 days 70 0 WWiitthhiinn 1155 ddaayyss 1177,,114400 * 326 96 74 16 days to 90 days 144 0 1166 ddaayyss ttoo 9900 ddaayyss 7777,,001177 + 595 670 35 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110000,,558899 258 1,172 + 30 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7744,,994422 0 2,157 30 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2222,,550055 0 594 5 OOvveerr 1100 yyeeaarrss 3311,,111111 0 142 0 Total 214 0 TToottaall 332233,,330033 + 662 4,830 114 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 OCTOBER 13, 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 393 9 11 14 20 66 62 30 23 16 24 41 75 Loans 214 0 0 0 0 5 10 10 52 99 12 12 13 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,799 283 1,657 182 322 374 195 558 169 110 182 206 560 Held under repurchase agreements1 31 0 31 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 155,603 9,182 53,734 5,897 10,452 12,137 6,330 18,083 5,494 3,562 5,902 6,664 18,166 Notes 128,597 7,588 44,408 4,873 8,638 10,031 5,232 14,945 4,540 2,944 4,877 5,507 15,013 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 322,978 19,059 111,533 12,240 21,696 25,193 13,139 37,534 11,404 7,393 12,250 13,832 37,706 Held under repurchase agreements1 325 0 325 0 0 0 0 000 000 000 000 000 0 Total U.S. govt, securities 323,303 f~T9,059 111,858 12,240 2211,,669966 2255,,119933 1133,,113399 333777,,,555555****** 111111,,,444000444 777,,,333999333~~~ 111222,,,222555000 111333,,,888333222 37,706 Total loans and securities 328,347 19,342 113,547 12,422 2222,,001188 2255,,557733 1133,,334455 333888,,,111000222 111111,,,666222555 777,,,666000222 111222,,,444444444 111444,,,000555000 38,279 Items in process of collection 10,829 536 1,264 882 603 857 1,434 896 400 732 728 698 1,798 Bank premises 1,048 91 139 45 37 139 59 113 30 35 51 159 150 Other assets3 32,211 1,292 9,978 1,202 1,866 2,456 2,569 3,653 813 797 1,129 2,075 4,361 Interdistrict settlement account 0 -1,928 +8,651 + 2 -1,618 • 954 +1,545 -720 +2,197 -793 +1,908 -2,356 -7,842 TOTAL ASSETS 391,902 20,513 140,154 15,270 24,182 31,598 19,861 44,296 15,649 8,818 16,892 15,553 39,116 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 $ 2,245 million was outstanding at the end of the latest statement week. 2 Net of $ 3,790 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 421 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. 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 OCTOBER 13, 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 333,505 17,971 123,540 12,769 21,684 26,991 14,559 38,407 14,063 6,885 14,347 12,316 29,973 Deposits Depository institutions 34,205 1,657 7,241 1,557 1,528 3,161 3,463 3,865 1,019 973 1,590 2,020 6,132 U.S. Treasury--general account 5,234 0 5,234 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 309 5 210 5 8 10 13 16 3 4 5 10 21 Other 283 1 122 0 0 69 1 77 0 3 6 2 1 Total deposits 40,031 1,663 12,807 1,563 1,536 3,239 3,477 3,958 1,023 980 1,601 2,032 6,153 Deferred credit items 9,008 479 1,057 592 372 716 1,043 859 314 697 574 590 1,714 Other liabilities and accrued dividends1 2,349 143 702 108 153 184 133 270 94 65 115 110 272 TOTAL LIABILITIES 384,892 20,255 138,107 15,031 23,745 31,130 19,212 43,494 15,495 8,626 16,637 15,048 38,112 CAPITAL ACCOUNTS Capital paid in 3,333 120 956 114 208 221 318 381 71 92 122 246 484 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 623 30 207 7 54 37 41 74 12 20 25 47 70 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 391,902 20,513 140,154 15,270 24,182 31,598 19,861 44,296 15,649 8,818 16,892 15,553 39,116 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 395,875 20,228 142,138 14,619 24,873 32,651 20,172 44,160 16,526 8,253 16,202 16,298 39,756 Less--Held by F.R. Banks 62,371 2,257 18,598 1,851 3,189 5,660 5,612 5,753 2,463 1,368 1,856 3,982 9,783 F.R. notes, net 333,505" 17,971 123,540 12,769 21,684 26,991 14,559 38,407 14,063 6,885 14,347 12,316 29,973 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 314,431 Total collateral 333,505 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