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 ^fJSSe?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 28, 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 Oct 27, 1993 Oct 20, 1993 Oct 28, 1992 Oct 27, 1993 Reserve Bank credit1 2 363,391 - 550 + 42,536 361,844 U.S. government securities Bought outright--system account 321,263 + 697 + 39,357 321,903 Held under repurchase agreements 2,621 - 1,074 + 1,475 691 Federal agency obligations Bought outright 4,754 - 41 - 780 4,734 Held under repurchase agreements 323 - 212 + 245 317 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 12 - 6 - 25 10 Seasonal credit 176 - 26 + 90 170 Extended credit 0 0 0 0 Float 630 + 63 + 627 300 Other F.R. assets 33,612 + 49 + 1,546 33,718 Gold stock 11,056 0 - 4 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,920 + 14 + 549 21,920 Total factors supplying reserve funds 404,384 - 536 + 41,082 402,837 Currency in circulation* 352,894 - 1,190 + 32,953 352,945 Treasury cash holdings* 383 - 4 - 126 379 Deposits, other than reserve balances, with F.R. Banks Treasury 5,130 - 625 - 61 5,030 Foreign 406 + 135 + 4 484 Service-related balances and adjustments3 6,351 + 56 + 520 6,350 Other 268 - 35 + 3 279 Other F.R. liabilities and capital 9,552 + 72 + 1,309 9,380 Total factors, other than reserve balances, absorbing reserve funds 374,984 - 1,591 + 34,603 374,847 Reserve balances with F.R. Banks4 29,400 + 1,055 + 6,479 27,990 On October 27, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 334,033 million, a change of + $ 7,017 million for the week. 1 Net of $ 5.606 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,606 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5.038 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,038 million was with foreign official and international accounts. Includes $ 272 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,102 million and adjustments of $ 249 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 27, 1993 Oct 20, 1993 Oct 2B, 1992 ASSETS Gold certificate account 11,055 0 - 4 Special drawing rights certificate account 8,018 0 1 - 2,000 Coin i 401 - 4 - 115 - Loans 180 93 • 77 Acceptances 0 0 0 Federal agency obligations Bought outright 4,734 35 - 800 Held under repurchase agreements1 317 - 21 + 187 U.S. government securities Bought outright—Bills 154,997 + 1,376 + 19,154 Notes 128,128 0 + 15,552 Bonds 38,778 0 + 5,193 Total bought outright2 321,903 + 1,376 + 39,899 Held under repurchase agreements1 691 - 2,904 • 170 Total U.S. government securities 332222,,559944 - 1,528 ++ 40,069 Total loans and securities 332277,,882255 - 1,677 39,534 - Items in process of collection (618) 5,517 890 + 726 Bank premises 1,048 0 + 23 Other assets3 32,717 + 267 + 1,704 TOTAL ASSETS (618) 386,581 - 2,305 + 39,867 LIABILITIES Federal Reserve notes 331,806 - 736 + 31,945 Deposits Depository institutions 34,574 - 1,586 + 6,413 U.S. Treasury--general account 5,030 • 150 + 2 Foreign--official accounts 484 + 212 - 101 Other (1) 279 - 5 - 18 Total deposits ** (1) 40,366 - 1,229 + 6,294 Deferred availability cash items (617) 5,029 - 430 + 329 Other liabilities and accrued dividends4 2,397 + 95 • 645 TOTAL LIABILITIES (618) 379,598 - 2,299 + 39,213 CAPITAL ACCOUNTS Capital paid in 1 3,335 + 2 + 329 Surplus i 3,054 0 + 402 Other capital accounts 594 - 7 i - 77 i * 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 $ 1,286 million was outstanding at the end of the latest statement week. 2 Net of $ 5.038 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 272 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 $ 86 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitnents. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, OCTOBER 27, 1993 Acceptances and securities held under repurchase agreements are' classified as maturing within 15 days in accordance with max mum 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 170 0 WWiitthhiinn 1155 ddaayyss 88,,553322 10,891 421 56 16 days to 90 days 10 0 1166 ddaayyss --""ccoo 9900 ddaayyss 8855,,448866 + 5,927 65;. + 85 Over 90 days 0 0 9911 ddaayyss ~~::oo 11 yyeeaarr 110000,,993300 + 3,436 1,1 or; 67 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7744,,991111 0 2,13*> 18 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,662233 0 59-» 0 OOvveerr 1100 yyeeaarrss 3311,,111111 0 14> 0 Total 180 0 TToottaall 332222,,559944 1,528 5,05L 56 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 27, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,055 660 3,755 399 701 899 509 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 401 10 10 16 21 69 65 31 22 16 25 42 74 Loans 180 0 0 1 0 0 3 11 32 88 19 11 15 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,734 279 1,635 179 318 369 193 550 167 108 180 203 553 Held under repurchase agreements1 317 0 317 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 154,997 9,146 53,525 5,874 10,412 12,090 6,306 18,013 5,473 3,548 5,879 6,638 18,095 Notes 128,128 7,561 44,246 4,856 8,607 9,994 5,212 14,890 4,524 2,933 4,860 5,487 14,958 Bonds £8,778 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 321,903 18,995 111,162 12,199 21,623 25,109 13,096 37,409 11,366 7,368 12,209 13,786 37,580 Held under repurchase agreements1 691 0 691 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 322,594 18,995 111,853 12,199 21,623 25,109 13,096 37,409 11,366 7,368 12,209 13,786 37,580 Total loans and securities 327,825 19,275 113,805 12,379 21,941 25,478 13,291 37,971 11,564 7,564 12,407 14,000 38,148 Items in process of collection 6,135 339 731 354 252 499 653 620 220 450 424 398 1,195 Bank premises 1,048 91 139 46 37 139 59 113 30 35 51 159 149 Other assets3 32,717 1,299 10,062 1,211 1,882 2,730 2,598 3,664 816 801 1,135 2,149 4,371 Interdistrict settlement accpunt 0 -1,513 +9,494 +691 -1,423 -553 ++11,,554488 ++116677 ++22,,666633 --553355 ++11,,884477 --22,,557766 -9,810 TOTAL ASSETS 387,199 20,672 140,805 15,399 23,967 29,913 1199,,004411 4444,,778877 1155,,887766 88,,776600 1166,,449977 1155,,005599 36,424 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 $ 1,286 million was outstanding at the end of the latest statement week. 2 Net of $ 5,038 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 272 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 $ 86 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 27, 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 331,806 S 17,848 124,737 12,730 21,457 26,266 14,110 39,071 14,125 6,846 14,437 12,012 28,166 Deposits Depository institutions 34,574 2,094 7,150 1,966 1,710 2,527 3,509 4,007 1,320 1*220 1,171 2,005 5,894 U.S. Treasury--general account 5,030 0 5,030 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 484 5 385 5 8 10 13 16 3 4 5 10 21 Other 280 1 128 1 2 47 1 87 0 3 4 2 3 Total deposits 40,367 2,099 12,693 1,972 1,721 2,584 3,524 4,110 1,324 1,227 1,180 2,017 5,917 Deferred credit items 5,647 323 640 348 198 397 622 533 178 427 508 412 1,060 Other liabilities and accrued dividends1 2,397 143 717 108 155 194 136 275 97 66 117 113 276 TOTAL LIABILITIES 380,216" 20,414 138,786 15,159 23,530 29,440 18,392 43,989 15,723 8,567 16,243 14,554 35,419 CAPITAL ACCOUNTS Capital paid in 3,335 120 956 114 208 221 318 383 71 92 122 246 484 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 594 30 178 9 53 42 41 68 12 20 23 48 71 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 387,199 20,672 140,805 15,399 23,967 29,913 19,041 44,787 15,876 8,760 16,497 15,059 36,424 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 397,288 20,512 143,549 14,774 24,738 32,425 19,944 44,807 16,763 8,269 16,312 16,129 39,065 Less--Held by F.R. Banks 65,482 2,664 18,812 2,044 3,280 6,159 5,834 5,736 2,638 11,,442233 11,,887755 44,,111177 10,899 F.R. notes, net 331,806 17,848 124,737 12,730 21,457~ 26,266 14,110 39,071 14,125 66,,884466 1144,,443377 1122,,001122 28,166 Collateral held against F.R. notes Gold certificate account 11,055 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 312,732 Total collateral 331,806 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