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 December 2, 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 DDeecc 11,, 11999933 Nov 24, 1993 Dec 2, 1992 Dec 1, 1993 Reserve Bank credit1 2 368,455 1,909 + 38,254 367,409 U.S. government securities Bought outright--system account 327,285 470 • 34,384 329,838 Held under repurchase agreements 3,843 1,334 + 2,541 898 Federal agency obligations Bought outright 4,722 13 812 4,719 Held under repurchase agreements 229 220 + 166 15 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 25 + 14 109 27 Seasonal credit 51 14 + 25 34 Extended credit 0 0 0 0 Float 1,079 + 195 + 444 970 Other F.R. assets 31,221 67 + 1,616 30,908 Gold stock 11,054 0 5 11,054 Special drawing rights certificate account 8,018 0 2,000 8,018 Treasury currency outstanding 21,983 + 14 + 570 21,983 Total factors supplying reserve funds 409,510 1,895 + 36,819 408,464 Currency in circulation* 359,149 + 1,902 + 31,396 359,647 Treasury cash holdings* 371 + 3 154 376 Deposits, other than reserve balances, with F.R. Banks Treasury 5,416 555 186 5,025 Foreign 393 + 174 + 210 281 Service-related balances and adjustments3 6,467 + 247 + 401 6,467 Other 309 + 23 + 16 317 Other F.R. liabilities and capital 9,563 109 + 1,579 9,247 Total factors, other than reserve balances, absorbing reserve funds 381,668 + 1,684 + 33,763 381,359 Reserve balances with F.R. Banks4 27,842 3,580 + 3,056 27,105 On December 1, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 346,488 million, a change of + $ 1,742 million for the week. 1 Net/^f $ 5,947 million, daily average, matched caiP-nnrcHaco .»rancarti<*n* ^!,f<.f_^^;„J. >*..«-? ~j. *v..~ .u.^1 i^*w^mpnt waai* o* whi^h a net of $ 5,947 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3.710 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,710 million was with foreign official and international accounts Includes $ 110 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,160 million and adjustments of $ 307 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 H4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since Wednesday Wednesday Wednesday Dec 1, 1993 Nov 24, 1993 Dec 2, 1992 ASSETS Gold certificate account 11,054 0 5 Special drawing rights certificate account 8,018 0 2,000 Coin 368 21 108 Loans 61 23 27 0 0 0 Acceptances Federal agency obligations 4,719 15 815 Bought outright Held under repurchase agreements1 15 590 15 U.S. government securities Bought outright--Bills 162,832 2,591 22,673 Notes 128,453 0 10,574 Bonds 38,553 0 3,516 Total bought outright2 329,838 2,591 36,762 Held under repurchase agreements1 898 5,530 517 Total U.S. government securities 330,736 2,939 36,245 Total loans and securities 335,531 3,567 35,473 Items in process of collection (709) 6,594 765 142 Bank premises 1,050 0 21 Other assets3 29,885 476 1,594 TOTAL ASSETS (709) 392,500 4,829 35,117 LIABILITIES Federal Reserve notes 338,407 909 31,163 Deposits Depository institutions 33,123 - 5,938 + 1,638 U.S. Treasury--general account 5,025 - 303 + 265 Foreign--official accounts 281 + 50 + 113 Other 317 + 36 + 23 Total deposits 38 ,745 - 6,155 + 2,040 Deferred availability cash items (709) 6 ,100 • 684 + 219 Other liabilities and accrued dividends4 2 ,461 - 50 + 643 TOTAL LIABILITIES (709) 385,713 — 4,612 + 34,065 CAPITAL ACCOUNTS Capital paid in 3,383 + 18 + 354 Surplus 3,054 0 • 511 Other capital accounts 350 - 235 + 187 * 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 $ 2,800 million was outstanding at the end of the latest statement week. 2 Net of $ 3,710 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 110 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 rnimon m i re<*sury DIIIS maturing witnin 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, DECEMBER 1, 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 LLooaannss securities obligations AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 30 0 WWiitthhiinn 1155 ddaayyss 18,768 1,334 40 845 16 days to 90 days 31 0 1166 ddaayyss ttoo 9900 ddaayyss 76,052 2,289 816 + 340 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 104,601 + 17 1,081 23 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 76,750 + 667 2,067 72 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 23,651 0 589 5 OOvveerr 1100 yyeeaarrss 30,913 0 142 0 Total 61 0 TToottaall 330,736 2,939 4,734 605 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 DECEMBER 1, 1993 Millions of dollars Kansas San Total Boston Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,054 j 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 368 11 9 16 16 66 57 31 20 15 22 37 66 Loans 61 0 0 13 0 0 0 2 21 21 4 0 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,719 278 1,630 179 317 368 192 548 167 108 179 202 551 Held under repurchase agreements1 15 0 15 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 162,832 9,609 56,231 6 ,171 10 ,938 12 ,701 6 ,624 18 ,923 5 ,749 3 ,727 6 ,176 6 ,974 19 ,010 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 13,313 1 ,461 2 ,590 3 ,007 1 ,568 4 ,480 1 ,361 882 1 ,462 1 ,651 4 ,501 Total bought outright2 329,838 , 19,463 113,902 12,500 22,156 25,728 13,418 38,331 11,646 7,550 12,510 14,126 38,507 Held under repurchase agreements1 898 898 0 0 0 0 0 0 0 0 0 330,736 19,463 114,800 12,500 22,156 25,728 13,418 38,331 11,646 7,550 12,510 14,126 38,507 Total U.S. govt, securities 335,531 r 1^,742 116,445 12,691 22,473 26,096 13,610 38,882 11,834 7,679 12,692 14,328 39,058 Total loans and securities ; Items in process of collection 7,303 ! 405 952 405 288 494 816 787 251 524 433 536 1,412 Bank premises 1,050) 91 140 46 37 139 60 113 30 35 51 159 150 Other assets3 29,885 1,179 9,259 1,119 1,726 2,283 2,473 3,384 742 746 1,046 1,863 4,065 +12,397 +1,301 -2,373 -33 +2,122 + 358 +2,274 -731 +1,650 -2,536 -11,813 Interdistrict settlement account 0 * -2,616 TOTAL ASSETS 393,209 19,983 145,764 16,280 23,424 30,597 19,964 45,777 15,711 8,698 16,502 15,275 35,234 1 Does not include U.S. government and federal agency secures resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 2,800 million was outstindm9 at the end of the latest statement week. 2 Net of $ 3,710 million matched sale-purchase transaction outstanding at the end of the latest statement week. Includes $ 110 million securities loaned-fiilly secured by U.S. government securities 3 Includes assets denominated in foreign currencies, revaluec 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 ERVE BANK ON DECEMBER 1, 1993 RES 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 338,407 17,483 130,635 13,151 20,980 26,869 15,076 40,317 14,216 6,906 14,517 12,070 26,186 Deposits Depository institutions 33,123 1,744 6,251 2,349 1,579 2,480 3,263 3,732 988 930 1,195 2,129 6,484 U.S. Treasury--general account 1 5,025 0 5,025 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 281 5 182 5 8 10 13 16 3 4 5 10 21 Other 317 00 113344 11 11 9900 44 7744 00 33 33 33 5 Total deposits 38,745^ 11,,774499 1111,,559922 22,,335555 11,,558888 22,,557799 33,,228800 33,,882222 999922 993377 11,,220033 22,,114411 6,509 Deferred credit items 6,810 350 818 430 258 506 864 576 253 601 409 461 1,283 Other liabilities and accrued dividends1 22,,446611 145 752 113 158 190 136 287 98 67 111199 111144 283 TOTAL LIABILITIES 338866,,442233 19,727 143,796 16,049 22,984 30,144 19,356 45,002 15,559 8,511 1166,,224488 1144,,778866 34,261 CAPITAL ACCOUNTS Capital paid in 3,383 123 968 114 222 222 318 385 74 93 127 247 490 Surplus 3,054 108 885 117 176 210 290 34 b 70 80 109 212 450 OOtthheerr ccaappiittaall aaccccoouunnttss 350 25 115 1 42 20 1 45 8 14 18 30 32 TTOOTTAALL LLIIAABBIILLIITTIIEESS AANNDD CCAAPPIITTAALL ACCOUNTS 393,209 19,983 145,764 16,280 23,424 30,597 19,964 45,777 1155,,771111 8,698 16,502 1155,,227755 35,234 FEDERAL RESERVE AGENTS* ACCOUNTS r 1 F.R. notes outstanding 406,346 20,103 152,567 14,805 23,995 33,300 20,170 45,317 16,872 8,269 16,167 16,295 58,489 Less--Held by F.R. Banks 67,939 J 2,620 21,932 1,653 3,015 6,431 5,093 5,000 2,656 1,363 1,650 4,223 12,303 F.R. notes, net f 338,407 17,483 130,635 13,151 20,980 26,869 15,076 40,317 14,216 6,906 14,517 12,070 26,186 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 1 319,335 Total collateral 338,407 L 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