H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•$£ss£&- FEDERAL RESERVE ,„.,,,,, i a s a-"-f *• " "•"> *»* e--j" - - . .. .. l 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 • ?*4u&&: H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 30, 1993 Millions of dollars Averages o f 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 29, 1993 Dec 22, 1993 Dec 50, 1992 Dec 29, 1993 Reserve Bank credit1 2 380,106 + 2,817 + 37,950 383,659 U.S. government securities Bought outright--system account 331,751 - 853 + 34,675 332,903 Held under repurchase agreements 8,725 + 2,494 + 2,293 11,418 Federal agency obligations Bought outright 4,685 - 35 - 749 4,638 Held under repurchase agreements 803 + 703 + 257 885 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 - 5 - 54 29 Seasonal credit 21 - 9 + 4 18 Extended credit 0 0 0 0 Float 1,023 + 163 - 1,361 166 Other F.R. assets 33,074 + 360 + 2,887 33,602 Gold stock 11,054 0 - 3 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,039 + 14 + 595 22,039 Total factors supplying reserve funds 421,217 _. 2,831 _ 38,543 424,769 Currency in circulation* 365,998 + 2,493 + 31,902 367,182 Treasury cash holdings* 376 + 3 - 133 377 Deposits, other than reserve balances, with F.R. Banks Treasury 7,116 - 1,148 + 797 5,407 Foreign 258 + 6 + 51 286 Service-related balances and adjustments3 6,604 - 27 + 272 6,604 Other 258 - 45 - 32 245 Other F.R. liabilities and capital 9,786 + 16 + 1,385 9,617 Total factors, other than reserve balances, absorbing reserve funds 390,396 + 1,297 + 34,242 389,718 Reserve balances with F.R. Banks* 30,821 + 1,534 + 4,301 35,051 On December 29, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 348,827 million, a change of - $ 3,250 million for the week. 1 Net of $ 7,832 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,832 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,681 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,681 million was with foreign official and international accounts includes $ 81 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,338 million and adjustments of $ 266 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 • •• • •' Tt Change since • Wednesday Wednesday Wednesday Dec 29, 1993 Dec 22, 1993 Dec 30, 1992 ASSETS Gold certificate account 11,053 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 358 8 - 97 -• - - Loans 47 28 9 Acceptances 0 0 0 Federal agency obligations Bought outright 4,638 - 81 - 774 Held under repurchase agreements1 885 + 526 + 239 U.S. government securities Bought outright--Bills 161,255 + 1,667 + 18,259 Notes 132,076 0 + 13,897 Bonds 39,572 0 + 4,534 Total bought outright2 332,903 + 1,667 + 36,691 Held under repurchase agreements1 11,418 257 + 6,288 Total U.S. government securities 344,321 + 1,410 + 42,979 Total loans and securities 349,891 + 1,827 + 42,434 - - Items in process of collection (663) 5,607 1,987 6,149 Bank premises 1,054 + 1 + 26 Other assets3 3322,,559977 ++ 449911 + 3,277 TOTAL ASSETS ((666633)) 440088,,557788 ++ 332233 + 39,489 LIABILITIES Federal Reserve notes 345,878 + 1,161 + 31,384 Deposits Depository institutions 42,097 + 3,601 + 8,928 U.S. Treasury--general account 5,407 - 3,416 - 1,863 Foreign--official accounts 286 - 2 + 32 Other 245 -- 24 - 21 Total deposits 48,036 + 159 + 7,077 Deferred availability cash items (663) 5,048 - 943 - 309 Other liabilities and accrued dividends4 2,533 •- 36 + 660 TOTAL LIABILITIES (663) 401,495 + 340 + 38,811 CAPITAL ACCOUNTS Capital paid in 3,377 0 + 324 Surplus 3,054 0 + 404 Other capital accounts 652 - 17 - 50 * 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 $ 6,681 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 81 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 accotnt at Chicago of $ 60 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 29, 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 47 0 WWiitthhiinn 1155 ddaayyss 3300,,006688 + 5,637 1,065 445 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 7722,,335566 4,603 565 10 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110066,,115533 + 376 1,078 3 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7799,,334466 0 2,105 7 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,665599 0 569 0 OOvveerr 1100 yyeeaarrss 3311,,773399 0 142 0 Total 47 0 TToottaall 334444,,332211 + 1,410 5,523 H 445 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 29, 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 11,053 660 3,753 399 701 899 509 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 358 10 10 15 20 62 54 30 21 15 22 38 61 Loans 47 0 1 3 0 0 2 0 6 12 3 0 19 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 federal agency obligations Bought outright 4,638 274 1,602 176 312 362 189 539 164 106 176 199 542 Held under repurchase agreements1 885 0 885 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 161,255 9,515 55,686 6,111 10,832 12,578 6,560 18,740 5,694 3,691 6,116 6,906 18,826 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 11,,550000 22,,665588 33,,008877 11,,661100 44,,559999 11,,339977 906 1,501 1,695 4,620 Total bought outright2 332,903 19,644 114,961 1122,,661166~~ 2222,,336622 2255,,996677 1133,,554433 3388,,668888 1111,,775544 7,620 12,626 14,257 38,865 Held under repurchase agreements1 11,418 0 11,418 0 00 00 000 000 000 000 000 000 0 Total U.S. govt, securities 344,321 19,644 126,379 12,616 2222,,336622 2255,,996677 111333,,,555444333 333888,,,666888888 111111,,,777555444 777,,,666222000 111222,,,666222666 111444,,,222555777 38,865 Total loans and securities 349,891 19,918 128,866 12,795 22,674 26,329 111333,,,777333444 333999,,,222222777 111111,,,999222444""" 777,,,777333999 111222,,,888000555 111444,,,444555666 39,425 Items in process of collection 6,270 346 724 386 233 571 689 618 201 451 432 408 1,211 Bank premises 1,054 91 140 46 38 139 61 113 30 35 51 160 151 Other assets3 32,597 1,273 10,888 1,182 1,835 2,429 2,518 3,555 798 779 1,105 1,988 4,248 Interdistrict settlement account 0 -3,225 +7,158 +1,050 -2,588 +2,103 ++33,,119955 ++11,,553311 ++22,,224477 --990055 ++11,,884488 --22,,660066 -9,807 TOTAL ASSETS 409,241 19,583 154,349 16,175 23,468 33,183 22ll77007788 4477,,229966 1155,,778822 88,,554411 1166,,887711 1155,,333300 37,585 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 $ 6,681 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 81 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 $ 60 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 29, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 345,878 17,386 135,155 13,110 20,231 28,312 15,282 41,706 14,069 7,066 14,563 12,271 26,727 Deposits Depository institutions 42,097 1,445 9,906 2,359 2,380 3,742 4,340 3,843 1,279 792 1,542 2,062 8,408 U.S. Treasury--general account 5,407 0 5,407 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 286 ! 5 187 5 8 10 13 16 3 4 5 10 21 Other 245 1 1 152 3 2 5 4 61 1 4 6 4 3 Total deposits 48,036 1,450 15,652 2,368 2,391 3,756 4,357 3,920 1,283 800 1,553 2,075 8,432 Deferred credit items 5,711 337 679 345 215 440 645 567 171 419 368 409 1,116 Other liabilities and accrued dividends1 2,533 146 806 112 161 190 142 289 100 67 121 116 283 TOTAL LIABILITIES 402,158 19,319 152,292 15,935 22,998 32,698 20,426 46,481 15,623 8,352 16,605 14,871 36,557 CAPITAL ACCOUNTS Capital paid in 3,377 123 969 114 224 223 32C 390 1 "T 7 ±. 128 ooo 495 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 652 33 203 9 70 46 43 79 15 18 29 25 83 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 409,241 19,583 154,349 16,175 23,468 33,183 21,078 47,296 15,782 8,541 16,871 15,330 37,585 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 409,832 19,725 157,494 14,496 23,482 34,059 19,918 45,675 16,754 8,227 16,031 16,132 37,839 Less--Held by F.R. Banks 63,954 2,339 22,338 1,385 3,251 5,747 4,636 3,969 2,685 1,160 1,468 3,862 11,113 F.R. notes, net 345,878 17,386 135,155 13,110 20,231 28,312 15,282 41,706 14,069 7,066 14,563 12,271 26,727 Collateral held against F.R. notes Gold certificate account 11,053 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 326,806 Total collateral 345,878 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