H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE , ^ — . • • : — • : — • • "' V-l* "" " M» '.«<• ' ." • : These data are scheduled for release each Thursday. The exact time of each release will be announced, when ?fs??t^r: 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 16, 1993 Millions of dollars Averages of daily f: gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss DDeecc IISS,, 11999933 Dec 8, 1993 Dec 16, 1992 Dec 15, 1993 Reserve Bank credit1 2 370,578 + 789 + 36,952 372,207 U.S. government securities Bought outright — system account 333,227 + 792 + 38,299 334,522 Held under repurchase agreements 0 0 - 1,865 0 Federal agency obligations Bought outright 4,719 0 - 765 4,719 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 21 + 19 + 1 127 Seasonal credit 37 + 4 • 20 37 Extended credit 0 0 - 2 0 Float 677 - 234 - 915 828 Other F.R. assets 31,897 + 208 + 2,180 31,974 Gold stock 11,054 0 - 4 11,054 Special drawing rights certificate account 8,018 0 - 286 8,018 Treasury currency outstanding 22,011 + 14 + 583 22,011 Total factors supplying reserve funds 411,662 _ 803 _ 37,245 413,290 Currency in circulation* 360,504 + 987 + 31,368 361,367 Treasury cash holdings* 373 - 2 - 144 373 Deposits, other than resers/a balances, with F.R. Banks Treasury 5,165 + 683 + 163 5,832 Foreign 221 + 24 + 18 278 Service-related balances and adjustments3 6,865 + 386 + 1,020 6,365 Other 306 + 12 + 13 314 Other F.R. liabilities and capital 9,628 + 209 + 1,576 9,482 Total factors, other than reserve balances, absorbing reserve funds 383,062 + 2,298 + 34,014 384,510 Reserve balances with F.R. Banks4 28,600 - 1,495 + 3,231 28,780 On December 15, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 345,158 million, a change of - $ 1,297 million for the week. 1 Net of $ 5,270 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,270 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,255 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,255 million was with foreign official and international accounts. Includes $ 170 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,232 million and adjustments of $ 633 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 Dec 15, 1993 Dec 8, 1993 Dec 16, 1992 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 383 + 11 - 103 Loans 164 + 123 + 125 Acceptances 0 0 0 Federal agency obligations Bought outright 4,719 0 - 750 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright--Bills 162,874 7,749 + 18,0^5 *• Notes 132,076 0 + 13,8<>7 Bonds 39,572 0 + 4,554 Total bought outright^' 334,522 + 7,749 + 36,5;:7 Held under repurchase agreements1 0 0 0 Total U.S, government securities 334,522 + 7,749 + 36,527 Total loans and securities 339,405 + 7,876 + 35,921 Items in process of collection (721) 7,081 + 457 - 2,513 Bank premises 1,053 + 1 + 27 Other assets3 30,979 <f 230 + 2,145 TOTAL ASSETS (721) 397,973 + 8,575 + 35,474 LIABILITIES Federal Reserve notes- 340,111 + 1,364 + 30,690 Deposits Depository institutions 35,983 + 4,586 + 6,019 U.S. Treasury--general account 5,832 + 2,204 - 1,126 Foreign — official accounts 278 + 103 + 53 Other 314 + 19 + 43 Total deposits 42,407 + 6,912 + 4,999 Deferred availability cash items (721) 5,973 + 293 - 1,623 Other liabilities and accrued dividends4 2,408 - 6 + 623 TOTAL LIABILITIES (721) 390,899 + 8,564 • 34,68) CAPITAL ACCOUNTS Capital paid in 3,394 + 6 + 34!l Surplus 3,054 0 + 4311 Other capital accounts 626 + 6 + <-. * 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 $ 2,000 million was outstanding at the end of the latest statement week. 2 Net of S 4,255 million matched sale-purchase transactions outstanding at the end of the latest statement week.. Includes $ 170 million securities loaned-fully secured by U.S. government securities. 3 Includes assets dc-nominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 102 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. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, DECEMBER 15, 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 132 0 WWiitthhiinn 1155 ddaayyss 1177,,225588 ++ 22,,226699 81 + 56 16 days to 90 days 32 0 1166 ddaayyss ttoo 9900 ddaayyss 7799,,772244 ++ 88,,668877 735 81 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110011,,779966 33,,220077 1,081 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7799,,334466 00 2,112 + 45 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,665599 00 569 20 OOvveerr 1100 yyeeaarrss 3311,,773399 00 142 0 Total 164 0 TToottaall 333344,,552222"" •• 77,,774499 4,719 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 DECEMBER 15, 1993 Millions of dollars Kansas San Total Boston New York Phi ladelphia 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 383 12 12 14 20 67 55 34 21 16 24 41 66 Loans 164 126 0 0 0 0 2 3 3 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 162,874 9,611 56,245 6,173 10,941 12,704 6,626 18,928 5,751 3,728 6,177 6,975 19,015 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 22,,333355 1133,,666655 11,,550000 22,,665588 33,,008877 11,,661100 4,599 1,397 906 11,,550011 1,695 4,620 Total bought outright2 *" 334,522 1199,,774400 111155,,552200 112277667788"" 2222,,447711"" 2266,,009933 ""1133,,66 00 99 38,876 11,811 7,657 1122,,668877 14,326 39,054 Held under repurchase agreements1 0 0 0 0 000 000 000 000 000 000 000 00 0 Total U.S. govt, securities 334,522 19,740 111155,,552200 1122,,667788 222222~~~,,,444777TTT 111333""",,, 666000999 333888,,,888777666 111111,,,888111111~~~ 777///666555777 111222,,,666888777 1144,,332266 39,054 Total loans and securities 339,405 20,144 111177JJ115500 1122,,885566"" 222222,,,777888888 222666,,,444666111 ~~~ 111333,,,888000333 333999,,,444222777 111111,,,999888111 777,,,777999000 111222""",,, 888777000 14,529 39,605 Items in process of collection 7,802 411 917 598 384 57b 907 773 304 469 520 578 1,364 Bank premises 1,053 91 141 46 38 139 60 113 30 35 51 159 150 Other assets3 30,979 1,242 9,624 1,158 1,798 2/569 2,490 3,572 780 765 1/084 1,910 4,187 Interdistrict settlement account 0 -2/700 +14,931 ++448800 -2,425 + 152 +1,412 +1,036 ++22,,002211 --11,,001155 ++11,,885588 --22,,770000 -13,049 TOTAL ASSETS 398,694 20,371 149,335 IISS"",, 885544 23,859 31,317 19,555 47,178 1155,,669988 88,,44~~8899 1177,,001166 1155,,440033 34,619 L 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 $ 2,000 million was outstanding at the end of the latest statement week. 2 Net of $ 4,255 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 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 $ 102 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 15, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 340,111 17,447 133,477 13,065 20,380 27,441 14,189 41,086 13,946 7,042 14,537 11,942 25,558 Deposits Depository institutions 3S,983 2,131 6,100 1,971 2,574 2,653 3,804 4,177 1,282 737 1,616 2,411 6,526 U.S. Treasury--general account 5,832 0 5,832 0 0 0 0 0 0 0 0 0 0 horeign--official accounts 278 5 179 5 8 10 13 16 3 4 5 10 21 Other 314 0 132 I 1 58 1 103 1 3 10 1 2 Total deposits 42,407 2,136 12,243 1,977 2,583 2,721 3,819 4,296 1,285 744 1,631 2,422 6,549 Deferred credit items 6,695 382 854 462 273 487 774 704 211 446 464 417 1,220 Other liabilities and accrued dividends1 2,408 142 771177 110099 115588 220022 113366 227777 9966 6655 111166 111155 274 TOTAL LIABILITIES 391,620 20,107 114477,,229911 1155,,661133 2233,,339933 3300,,885511 1188,,99ii88 4466,,336633 1155,,553399 88,,229988 1166,,774488"" 1144,,889977 33,602 CAPITAL ACCOUNTS Capital paid in 3,394 123 969 114 224 222 320 389 74 91 128 247 495 3,054 108 88S 117 176 210 290 346 70 80 109 212 450 Other capital accounts 626 33 190 10 67 33 27 80 15 20 31 47 73 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 398,694 20,371 149,335 15,854 23,859 31,317 19,555 47,178 15,698 8,489 17,016 15,403 34,619 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 410,795 20,029 157,111 14,657 23,875 33,969 19,649 46,003 16,866 8,331 16,197 16,193 37,916 Less--Held by F.R. Banks 70,684 2,583 23,633 1,592 3,495 6,528 5,460 4,917 2,920 1,288 1,660 4,251 12,357 F.R. notes, net 340,111 17,447 133,477 13,065 20,380 27,441 14,189 41,086 13,946 7,042 14,537 11,942 25,558 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 321,040 Total collateral 340,111 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