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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R- Banks November 26, 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 NNoovv 2244,, 11999933 Nov 17, 1993 Nov 25, 1992 Nov 24, 1993 Reserve Bank credit1 2 370,345 + 3,973 + 40,373 371,622 U.S. government securities Bought outright--system account 327,755 + 633 + 35,927 327,247 Held under repurchase agreements 5,177 + 3,810 + 3,085 6,428 Federal agency obligations Bought outright 4,734 0 800 4,734 Held under repurchase agreements 450 + 328 + 328 605 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 + 9 142 22 Seasonal credit 65 5 + 31 62 Extended credit 0 0 0 0 Float 865 + 104 + 532 1,091 Other F.R. assets 31,289 906 + 1,413 31,433 Gold stock 11,054 0 5 11,054 Special drawing rights certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,969 + 14 + 565 21,969 Total factors supplying reserve funds 411,386 + 3,986 + 38,933 412,664 Currency in circulation* 357,247 + 402 + 31,663 358,708 Treasury cash holdings* 368 2 127 370 Deposits, other than reserve balances, with F.R. Banks Treasury 5,971 + 366 + 184 5,328 Foreign 220 300 + 20 231 Service-related balances and adjustments3 6,220 203 + 463 6,220 Other 286 15 + 2 281 Other F.R. liabilities and capital 9,672 + 365 + 1,495 9,514 Total factors, other than reserve balances, absorbing reserve funds 379,983 + 612 + 33,699 380,652 Reserve balances with F.R. Banks4 31,402 + 3,375 + 5,234 32,012 On November 24, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign officia! and international accounts were $ 344,746 million, a change of - $ 1,278 million for the week. 1 Net of $ 5,061 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,061 million was with foreign official and international accounts. Includes securities !oaned--fully secured by U.S. government securities. 2 Net of $ 5.657 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,657 million was with foreign official and international accounts. Includes $ 102 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,158 million and adjustments of $ 62 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 Wedne sday Nov 24, 1993 Nov 17, 1993 Nov 25, 1992 ASSETS Gold certificate account 11,054 0 - 5 Special drawing rights certificate account 8,018 0 - ;>,ooo Coin 389 - 12 - 106 Loans 83 + 16 - 781 Acceptances 0 0 0 Federal agency obligations Bought outright 4,734 0 - 800 Held under repurchase agreements1 605 + 325 + 605 U.S. government securities Bought outright--8ills 160,241 - 1,565 + 20,818 Notes 128,453 0 + 10,574 Bonds 38,553 0 + 3,516 Total bought outright2 327,247 - 1,565 + 34,907 Held under repurchase agreements1 6,428 + 5,616 + 6,085 Total U.S. government securities 335533,,667755 ++ 44,,005511 + 40,992 Total loans and securities 333399,,009988 ++ 44,,339922 + 40,016 Items in process of collection (1,729) 7,359 + 477 + 1,160 Bank premises 1,050 * 1 + 22 Other assets3 30,361 + 550 + 1,559 TOTAL ASSETS (1,729) 397,329 + 5,408 + 40,646 LIABILITIES Federal Reserve notes 337,498 + 1,774 + SO, 912 Deposits Depository institutions 39,061 * 5,202 + 8,852 U.S. Treasury--general account 5,328 - 1,377 - 747 Foreign--official accounts 231 - 8 + 46 Other (17) 281 - 18 + 3 Total deposits (17) 44,901 + 3,799 + 8,155 Deferred availability cash items (1,713) 5,416 - 348 + 154 Other liabilities and accrued dividends* 22,,551100 + 148 ++ 650 TOTAL LIABILITIES ((11,,772299)) 339900,,332255 + 5,373 ++ 39,870 CAPITAL ACCOUNTS Capital paid in 3,364 + 13 + 337 Surplus 3,054 0 + 425 Other capital accounts 585 + 22 14 I + * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federai 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 $ 5,657 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 102 million securities loaned-fuily 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 $ 72 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly reval jation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 24, 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 81 0 WWiitthhiinn 1155 ddaayyss 20,102 257 ass + 325 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 78,341 + 367 476 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 104,584 + 3,941 1,104 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 76,083 0 2,139 0 OOvveerr 55 yyeeaarrss ttoo 1100 ..yyeeaarrss 23,651 0 594 0 OOvveerr 1100 yyeeaarrss 30,913 0 142 0 Total 83 0 TToottaall 333,675 + 4,051 5,339 + 325 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 24, 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 11,054 660 3,754 399 701 899 509 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 389 14 10 16 17 68 61 33 21 16 24 41 67 Loans 83 1 0 2 0 0 1 3 13 36 8 0 20 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 605 0 605 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 160,241 9,456 55,336 6,073 10,764 12,499 6,519 18,622 5,658 3,668 6,077 6,863 18,707 Notes 128,453 7,580 44,358 4,868 8,629 10,020 5,226 14,928 4,535 2,940 4,872 5,501 14,996 Bonds 38,553 2,275 1133,,331133 11,,446611 22,, 9900 33,,000077 11,,556688 44,,448800 11,,336611 888822 11,,446622 11,,665511 4,501 Total bought outright2 327,247 19,311 111133,,000088 1122,,440022 2211,,998822 2255,,552266 1133 ,,""331133 3388,,003300 1111,,555544 77,,449911 1122,,441122 1144,,001155 38,204 Held under repurchase agreements1 6,428 00 666,,,444222888 0 000 000 000 000 000 00 00 00 0 Total U.S. govt, securities 333,675 1199,,33llTT 111111999,,,444333666 1122,,440022 222111,,,999888222 222555,,,555222666 111333,,,333111333""" 333888,,,000333000 111111,,,555555444 77,,449911"" 1122,,441122 1144,,001155 38,204 Total loans and securities 339,098 19,591 111222111,,,666777555 1122,,558833 222222,,,333000000 222555,,,888999555 111333,,,555000bbb""" 333888,,,555888444 111111,,,777333444 7,635 12,599 14,218 38,777 Items in process of collection 9,088 421 963 1,459 342 608 804 792 275 525 620 563 1,716 Bank premises 1,050 91 140 Hb 37 139 60 113 31 35 51 159 150 Other assets3 30,3bl 1,183 9,631 1,124 1,734 2,306 2,466 3,391 746 745 1,050 1,874 4,111 Interdistrict settlement account 0 -1,883 ++99,,116644 + 991 --22,,112255 ++887799 ++22,,557755 ++660077 ++22,,446688 ++772299 +1,588 -2,624 -12,367 TOTAL ASSETS 399,058 20,587 114488,,114466 16,920 2233,,556622 3311,,444466 2200,,330000~~ 4455,,774422"" 1155,,883355 1100,,111155"" 16,539 15,117 34,749 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 $ 5,657 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 102 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 $ 72 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 24, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 337,498 17,563 129,524 13,191 20,937 26,709 15,272 40,263 14,209 6,870 14,480 12,007 26,475 Deposits Depository institutions 39,061 2,268 9,53o 1,925 1,789 S,582 3,561 3,682 1,130 2,520 1,240 2,133 5,695 U.S. Treasury--general account 5,328 0 5,328 0 0 0 0 0 0 0 0 0 0 Foreign- offieial accounts 231 5 132 5 8 10 13 16 3 4 5 10 21 Other 298 1 129_ 1 3 64 2 90 0 4 2 2 2 Total deposits 44,918 2,274 15,125 1,931" 3L,800~ 3,655 3,576 3,78ft 1,133 2,527 1,247 2,144 5,717 Deferred credit items 7,129 342 t>7o 1,447 227 422 t>83 602 235 457 429 349 1,260 Other liabilities and accrued dividends1 ^,510 144 788 112 160 195 140 285 100 68 120 117 281 TOTAL LIABILITIES 392/055 20,323 146,113 16,681 23,123 30,981 19,671 44,939 15,6/7 9,922 16,275 14,616 33,733 CAPITAL ACCOUNTS Capital paid in 3,364 123 966 114 210 222 318 384 74 93 126 246 489 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 585 33 182 8 53 33 21 73 15 20 29 43 77 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 399,058 20,587 148,146 16,920 23,562 31,446 20,300 45,742 15,835 10,115 16,539 15,117 34,749 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 404,902 20,126 150,868 14,849 24,040 32,995 20,428 45,235 16,890 8,248 16,189 16,295 38,739 Less--Held by F.R. Banks 67,404 2,564 21,344 1,659 3,103 6,286 5^156 4,972 2,681 1,378 1,709 4,289 F.R. notes, net 337,498 17,563 129,524 13,191 20,937 26,709 15,272 40,263 14,209 6,870 14,480 12,007 26,475 Collateral held against F.R. notes Gold certificate account 11,054 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities J518,42b Total collateral 337,498 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