H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;o* GO\^* FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when '.f^T^f. 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 November 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 Nov 10, 1993 Nov 3, 1993 Nov 11, 1992 Nov 10, 1993 Reserve Bank credit1 2 364,776 + 3,048 • 38,077 368,067 U.S. government securities Bought outright--system account 327,065 + 6,732 + 41,997 329,543 Held under repurchase agreements 0 - 2,658 - 4,306 0 Federal agency obligations Bought outright 4,734 0 - 800 4,734 Held under repurchase agreements 0 - 341 - 288 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 39 • 25 + 34 6 Seasonal credit 82 - 45 + 39 73 Extended credit 0 0 0 0 Float 107 - 524 - 188 932 Other F.R. assets 32,748 - 141 + 1,588 32,780 Gold stock 11,054 - 1 - 5 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,941 + 14 • 555 21,941 Total factors supplying reserve funds 405,790 _ 3,061 _ 36,627 409,081 Currency in circulation* 355,236 + 2,013 + 32,127 356,681 Treasury cash holdings* 373 - 5 - 128 370 Deposits, other than res&ry^ balances, with F.R. Banks Treasury 5,059 - 930 - 190 5,732 Foreign 611 + 233 + 229 542 Service-related balances and adjustments3 6,286 - 56 + 557 6,286 Other 295 - 21 + 1 304 Other F.R. liabilities and capital 9,017 + 65 + 1,484 9,143 Total factors, other than r^s&rwB balances, absorbing reserve funds 376,879 + 1,299 + 34,080 379,058 Reserve balances with F.R. Banks4 28,911 • 1,762 • 2,547 30,023 On November 10, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were 5 337,191 million, a change of 4- $ 2,262 million for the week. 1 Net of $ 4,840 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,840 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 2,593 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,593 million was with foreign official and international accounts. Includes $ 130 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,094 million and adjustments of $ 192 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

Worksh^t for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Million* of dollars Change since •• WWeeddnneessddaayy [[ Wednesday 1 Wednesday NNoovv 1100,, 11999933 Nov 3, 1993 Nov 11, 1992 ASSETS 11,054 0 5 Gold certificate account Special drawing rights certificate account 8,018 0 2,000 Coin 402 1 109 Loans 78 33 • ' 32 Acceptances 0 0 0 Federal agency obligations Bought outright 4,734 800 Hel<J Under repurchase agreements1 0 0 533 U.S. government securities B°UQht outright--Bills 162,537 + 7,597 + 23,383 Notes 128,228 0 • 15,402 Bonds 38,778 0 . • 5,193 To**i bought outright2 329,543 + 7,597 • 43,978 Hold under repurchase agreements1 0 0 4,688 Total U.S. government securities 329,543 + 7,597 • 39,290 Total loans and securities 334,355 • 7,564 • 37,990 Items in process of collection | (535) 5,793 961 1,692 Bank Pr««i 1,049 • 1 + 23 Other asset s s as 3 ! 31,863 + 227 + 1,290 TOTAL ASSETS (535) j 392,535 • 6,831 1 + 35,496 LIABILITIES Federal Reserve notes 335,513 + 2,564 + 31,542 Deposits Depository institutions 1 36,208 + 4,179 + 3,574 U.S. Treasury--general account 5,732 • 459 + 344 Foreign--official accounts 542 + 100 + 277 Other 304 + 63 0 Total deposits 42,786 + 4,801 + 4,195 Deferred availability cash items (535) 5,094 880 1,738 Other liabilities and accrued dividends4 2,393 + 18 + 605 TOTAL LIABILITIES (535) 385,786 + 6,503 + 34,604 CAPITAL ACCOUNTS Capital paid in 3,352 + 9 + 331 Surplus 3,042 + 20 + 456 Other capital accounts 355 + 299 • 105 J_ * 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 $ 2,880 million was outstanding at the end of the latest statement week. 2 Net of $ 2,593 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 130 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 Include* exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Component may not add to touts duo to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 10, 1993 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity <»' the agreements. Millioni.otdon3£l_ U.S. government Federal agency LLooaannss AAcccceeppttaanncceess securities obligations Weekly Weekly Holdings Holdings changes changes Within l* d^s 17 0 WWiitthhiinn 1155 ddaayyss 19,812 1,470 0 0 16 day* *° 90 da*s 61 0 1166 ddaayyss ttoo 9900 ddaayyss 78,865 + 7,755 756 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 102,389 + 1,313 1,104 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 75,743 0 2,139 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 21,623 0 594 0 OOvveerr 1100 yyeeaarrss 31,111 0 142 0 Total 78 0 TToottaall 329,543 • 7,597 4,734 0 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 NOVEMBER 10, 1993 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco ASSETS Gold certificate account 11,054 660 3,754 399 701 899 509 1,186 392 243 409 510 1,392 Special drawing rights certif. acct. 1 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin ! 402 14 11 18 18 70 66 31 22 16 24 41 70 Loans 78 0 0 2 0 0 3 3 12 43 8 5 3 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright~-Bills 162,537 9,591 56,128 6,160 10,918 12,678 6,612 18,889 5,739 3,720 6,165 6,961 18,975 Notes 128,228 7,567 44,281 4,860 8,614 10,002 5,217 14,902 4,527 2,935 4,863 5,492 14,970 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 329,543 19,446 113,800 12,489 22,136 25,705 13,406 38,297 11,635 7,543 12,499 14,113 38,472 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 329,543 19,446 113,800 12,489 22,136 25,705 13,406 38,297 11,635 7,543 12,499 14,113 38,472 Total loans and securities 334,355 19,725 115,435 12,670 22,455 26,074 13,602 38,850 11,814 7,694 12,686 14,321 39,028 Items in process of collection 6,327 308 890 421 118 457 714 585 209 516 418 357 1,334 Bank premises 1,049 91 140 46 37 139 59 113 30 35 51 159 150 Other assets3 31,863 1,293 9,908 1,198 1,900 2,437 2,540 3,615 811 789 1,121 1,957 4,294 Interdistrict settlement account 0 -2,034 +10,671 + 630 -1,766 -292 +2,467 + 150 +2,631 -1,018 +1,767 -1,925 -11,281 TOTAL ASSETS 393,069 20,569 143,618 15,684 24,019 30,436 20,276 45,566 16,077 8,462 16,675 15,797 35,891 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 $ 2,860 million was outstanding at the end of the latest statement week. 2 Net of $ 2,503 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 130 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 NOVEMBER 10, 1993 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 335,513 17,691 127,671 13,051 21,332 25,949 14,796 39,633 14,289 6,923 14,589 12,145 27,444 Deposits Depository institutions 36,208 2,156 6,273 1,941 1,894 3,348 4,087 4,254 1,358 929 1,345 2,712 5,911 U.S. Treasury--general account j 5,732 0 5,732 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 542 5 443 5 8 10 13 16 3 4 5 10 21 Other 304 | 1 138 1 0 66 1 86 0 3 2 2 3 Total deposits 42,786 2,162 12,586 1,948 1,902 3,424 4,101 4,355 1,361 936 1,353 2,723 5,934 Deferred credit items 5,628 321 674 345 217 416 640 515 172 355 362 343 1,268 Other liabilities and accrued dividends1 2,393 142 710 109 154 189 143 277 97 66 118 113 276 TOTAL LIABILITIES 386,320 20,316 141,641 15,452 23,606 29,978 19,680 44,781 15,919 8,280 16,421 15,324 34,923 CAPITAL ACCOUNTS Capital paid in 3,352 123 958 114 208 221 318 384 74 92 126 246 487 Surplus 3,042 108 885 117 176 210 278 346 70 80 109 212 450 Other capital accounts 355 22 133 1 29 27 0 56 14 9 18 15 31 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 393,069 20,569 143,618 15,684 24,019 30,436 20,276 45,566 16,077 8,462 16,675 15,797 35,891 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 401,179 20,410 147,521 14,824 24,391 32,129 20,189 45,088 16,814 8,261 16,273 16,211 39,071 Less--Held by F.R. Banks 65,667 2,719 19,850 1,773 3,058 6,180 5,393 5,455 2,525 1,338 1,684 4,066 11,626 F.R. notes, net 335,513 17,691 127,671 13,051 21,332 25,949 14,796 39,633 14,289 6,923 14,589 12,145 27,444 Collateral Neld against F.R. notes 1 Gold certificate account i 11,*5<% Special drawing rights certificate account 8,018 Other eligible assets 1 ° U.S. govt, and agency securities 316,440 Total collateral 335,513 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