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 9, 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 Dec 8, 1993 Dec 1, 1993 Dec 9, 1992 Dec 8, 1993 Reserve Bank credit1 2 369,780 + 1,319 + 40,392 362,954 U.S. government securities Bought outright--system account 332,435 + 5,150 + 38,915 326,773 Held under repurchase agreements 0 - 3,843 - 470 0 Federal agency obligations Bought outright 4,719 - 2 - 815 4,719 Held under repurchase agreements 0 - 229 - 6 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 2 - 23 - 9 1 Seasonal credit 34 - 18 + 16^ 35 Extended credit 0 0 0 0 Float 918 - 168 + 477 -367 Other F.R. assets 31,672 + 451 + 2,283 31,792 Gold stock 11,054 0 - 4 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,997 + 14 + 576 21,997 Total factors supplying reserve funds 410,849 _ 1,333 _. 38,965 404,023 Currency in circulation* 359,518 + 369 + 31,479 359,999 Treasury cash holdings* 375 + 5 - 146 373 Deposits, other than reserve balances, with F.R. Banks Treasury 4,482 - 934 - 594 3,628 Foreign 197 - 196 + 20 175 Service-related balances and adjustments3 6,479 + 12 + 691 6,479 Other 295 - 14 + 24 295 Other F.R. liabilities and capital 9,419 - 144 + 1,691 9,476 Total factors, other than resers/e balances, absorbing reserve funds 380,764 - 904 + 33,166 380,424 Reserve balances with F.R. Banks* 30,085 + 2,236 + 5,7^8 23,600 On December 8, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 346,455 million, a change of - $ 33 million for the week. 1 Net of $ 5 833 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5.056 million was with foreign official and international accounts. Includes securities ioaned--fu!ly secured by U.S. government securities. 2 Net of $ 11,591 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,156 million was with foreign official and international accounts. Includes $ 160 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,161 million and adjustments of $ 318 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 FEIDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Dec 8, 1993 Dec 1, 1993 Dec 9., 1992 ASSETS Gold certificate account 11,054 0 - 4 Special drawing rights certificate account 8,018 0 - 2,000 Coin 373 + 5 - 113 Loans 36 - 24 + 2 Acceptances 0 0 0 Federal agency obligations Bought outright 4,719 0 - 815 Held under repurchase agreements1 0 - 15 - 5 U.S. government securities Bought outright--Bills 155,126 - 7,707 + 1< ,916 Notes 132,076 + 3,623 + 12,897 Bonds 39,572 + 1,019 + < ,534 Total bought outright2 326,773 - 3,065 + 33,347 Held under repurchase agreements1 0 - 898 - 75 Total U.S. government securities 326,773 - 3,963 + 32,272 Total loans and securities 331,529 - 4,002 + 32,455 Items in process of collection (728) 6,624 + 29 + 844 Bank premises 1,051 + 1 + 25 Other assets3 3300,,774499 ++ 886655 + 2,163 TOTAL ASSETS ((772288)) 338899,,339988 33,,110022 + 33,371 LIABILITIES Federal Reserve notes 338,747 4- 340 + 30,517 Deposits Depository institutions 31,397 - 1,726 + 1,707 U.S. Treasury--general account 3,628 - 1,397 - 977 Foreign--official accounts 175 - 106 - 21 Other 229955 __ 2222 + 22 Total deposits 3355,,449944 33,,225511 + 730 Deferred availability cash items (728) 5,681 - 420 + 496 Other liabilities and accrued dividends4 2,414 - 47 + 633 TOTAL LIABILITIES (728) 382,335 - 3,378 + 32,376 CAPITAL ACCOUNTS Capital paid in 3,389 + 6 + 359 Surplus 3,054 0 + 462 Other capital accounts 620 + 269 + 174 A 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 $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 11.591 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 160 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly al: market exchange rates. Includes special investment account at Chicago of $ 92 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. Component may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, DECEMBER 8, 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 3 0 WWiitthhiinn 1155 ddaayyss 1144,,998899 3,779 2255 15 16 days to 90 days 33 0 1166 ddaayyss ttoo 9900 ddaayyss 7711,,003377 5,015 881166 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110055,,000033 + 402 11,,008811 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7799,,334466 + 2,596 22,,006677 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,665599 + 1,008 558899 0 OOvveerr 1100 yyeeaarrss 3311,,773399 + 826 114422 0 Total 36 0 TToottaall 332266,,777733 3,963 44,,771199 15 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 8, 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 373 12 11 15 18 67 53 32 21 15 23 40 65 Loans 36 0 0 0 0 0 1 1 5 25 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 155,126 9,154 53,569 5,879 10,420 12,100 6,311 18,028 5,477 3,551 5,883 6,643 18,110 Notes 132,076 7,794 45,610 5,005 8,872 10,302 5,373 15,349 4,663 3,023 5,009 5,656 15,419 Bonds 39,572 2,335 13,665 1,500 2,658 3,087 1,610 4,599 1,397 906 1,501 1,695 4,620 Total bought outright2 326,773 19,283 112,844 12,384 21,950 25,489 13,294 37,975 11,538 7,480 12,394 13,995 38,149 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 326,773 19,283 112,844 12,384 21,950 25,489 13,294 37,975 11,538 7,480 12,394 13,995 38,149 Total loans and securities 331,529 19,561 114,474 12,563 22,267 25,857 13,487 38,525 11,709 7,613 12,576 14,197 38,700 Items in process of collection 7,352 379 904 550 269 544 797 597 244 538 468 583 1,478 Bank premises 1,051 91 141 46 37 139 60 113 30 35 51 159 150 Other assets3 30,749 1,232 9,553 1,149 1,783 2,350 2,485 3,504 774 763 1,078 1,905 4,174 Interdistrict settlement account 0 -2,426 +12,744 + 681 -2,724 + 916 +1,734 +802 +2,473 -762 +1,916 -2,500 -12,854 TOTAL ASSETS 390,126 20,021 144,389 15,706 22,907 31,424 19,442 45,795 15,812 8,631 16,719 15,270 34,010 1 Does not include US. 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 $ 11,591 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 160 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 $ 92 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 DECEMBER 8, 1993 Millions of dollars Total Boston New York PhilaJeiphia Cleveland Richmond Atlanta Chicago Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 338,747 17,499 131,958 13,112 20,590 27,327 14,477 40,458 14,063 6,977 14,511 11,941 25,834 Deposits Depository institutions 31,397 1,736 5,022 1,794 1,465 2,897 3,433 3,544 1,294 941 1,374 2,289 5,610 U.S. Treasury--general account 3,628 0 3,628 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 175 5 76 5 8 10 13 16 3 4 5 10 21 Other 295 1 _126 0 1 60 2_ 94 0 3 2 3 1 Total deposits 35,494 1,741 8,852 1,800 1,474 2,967" 3,448 3,654 1,297 948 1,381 2,301 5,632 Deferred credit items 6,409 374 797 444 226 473 756 592 195 447 442 411 1,252 Other liabilities and accrued dividends1 2,414^ 143 723 111 1B7__ 190 137 280 97 67 120 114 274 TOTAL LIABILITIES 383,063 19,757 142,330 15,467 22,447 30,956 18,818" 44,985 15,653 8,439 16,453 14,767 32,992 CAPITAL ACCOUNTS Capital paid in 3,389 123 968 114 222 222 320 388 74 93 127 247 490 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 620 32 206 8 62 35 14 77 15 20 30 44 17 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 390,126 >0,021 144,389 15,706 22,907 31,424 19,442 45,795 15,812 8,631 16,719 15,270 34,010 rtUtKAL KtbtKVt AUtNIb" AUCUUNI5 F.R. notes outstanding 409,059 20,081 155,190 14,726 23,930 33,847 19,943 45,528 16,852 8,296 16,176 16,270 38,218 Less--Held by F.R. Banks 70,312 2,582 23,233 1,614 3,340 6,520 5,465 5,070 2,789 1,319 1,665 4,330 12,384 F.R. notes, net 338,747 17,499 131,958 13,112 20,590 27,327 14,477 40,458 14,063 6,977 14,511 11,941 25,834 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 319,675 Total collateral 338,747 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