H.4.1 Factors Affecting Reserve Balances of Depository Institutions

o9i22^V 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 January 20, 1994 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Week ended Change from week ended Wednesday F.R. Banks., Reserve Bank credit, and related items Jan 19, 1994 Jan 12, 1994 Jan 20, 1993 Jan 19, 1994 Reserve Bank credit1 2 373,936 182 + 36 ,573 386,004 U.S. government securities Bought outright--system account 332,673 350 + 34 ,042 332,301 Held under repurchase agreements 1,577 90 - 713 7,790 Federal agency obligations - Bought outright 4,522 0 882 4,522 Held under repurchase agreements 186 0 f 18 859 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 115 106 226 19 Seasonal credit 13 4 2 17 Extended credit 0 0 1 0 Float 2,246 1,116 1,505 7,473 Other F.R. assets 32,605 215 2,832 33,023 Gold stock 11,053 0 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,081 14 611 22,081 Total factors supplying reserve funds 415,088 + 1,196 + 37,181 427,157 - Currency in circulation* 362,708 1,005 • 32,967 363,162 Treasury cash holdings* 384 - 86 _ 118 384 Deposits, other than reserwe balances, with F.R. Banks Treasury 5,647 + 1,612 _ 1,342 7,450 Foreign 368 + 177 + 156 235 Service-related balances and adjustments3 7,110 + 75 + 216 7,110 Other 297 + 59 4- 15 297 Other F.R. liabilities and capital 9,737 + 185 + 1,045 9,752 Total factors, other than reserve balances, absorbing reserve funds 386,251 + 1,016 + 32,939 388,391 Reserve balances with F.R. Banks'* 28,837 + 179 + 4,242 38,766 On January 19, 1994; marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 356,291 million, a change of -f $ 5,375 million for the week. 1 Net of $ 6,735 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,735 million was with foreign official and international accounts. Includes securities loaned-futly secured by U.S. government securities. 2 Net of $ 6,667 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,667 million was with foreign official and international accounts. Includes $ 272 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,329 million and adjustments of $ 781 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 Jan 19, 1994 Jan 12, 1994 Jan 20, 1993 ASSETS Gold certificate account 11,053 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 400 + 20 - 83 - Loans 36 + 22 2,205 Acceptances 0 0 0 Federal agency obligations Bought outright I 4,522 0 - 826 Held under repurchase agreements1 | 859 + 859 - 168 U.S. government securities i Bought outright — Bills ! 161,269 + 4 + 17,935 Notes 131,460 - 616 + 13,281 Bonds 39,572 0 + 4,534 Total bought outright2 332,301 - 612 + 35,751 Held under repurchase agreements1 7,790 + 7,790 - 2,338 Total U.S. government securities 340,091 + 7,178 + 33,413 Total loans and securities 345,508 + 8,059 + 30,214 Items in process of collection (908) 16,115 + 9,759 + 4,835 Bank premises 1,055 0 + 29 Other assets3 3322,,001133 + 595 ++ 2,402 TOTAL ASSETS ((990088)) 441144,,116633 + 18,432 ++ 37,396 LIABILITIES Federal Reserve notes 341,865 - 487 + 33,039 Deposits ! Depository institutions 46,354 + 12,356 + 14,179 U.S. Treasury--general account 7,450 + 3,357 - 10,127 Foreign--official accounts 235 + 65 + 10 Other 297 - 2 + 18 Total deposits 54,337 + 15,776 + 4,080 Deferred availability cash items (908) 8,209 + 2,850 - 827 Other liabilities and accrued dividends4 2,621 + 267 + 254 TOTAL LIABILITIES (908) 407,031 + 18,406 + 36,547 CAPITAL ACCOUNTS Capital paid in 3,402 - 1 + 333 Surplus 3,401 0 + 477 Other capital accounts 329 + 27 + 39 * 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 $ 6,667 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 272 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 $ 99 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, JANUARY 19, 1994 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 , .. i Weekly Weekly uHolding 57 s 1 c . h anges Holdings changes Within 15 days 36 0 WWiitthhiinn 1155 ddaayyss 2200,,994499 ++ 44,,114488 1,049 + 964 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 7777,,778844 335577 700 105 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110055,,664444 ++ 33,,889988 960 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8800,,009911 ++ 226655 2,078 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2233,,888844 777766 569 0 OOvveerr 1100 yyeeaarrss 3311,,773399 00 25 0 Total 36 0 TToottaall 334400,,009911 ++ 77,,117788 5,381 + 859 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 JANUARY 19, 1994 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 400 13 10 15 22 71 57 36 25 14 24 46 67 Loans 36 5 1 9 0 2 0 0 0 7 10 0 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,522 267 1,561 171 304 353 184 525 160 104 171 194 528 Held under repurchase agreements1 859 0 859 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright — Bills 161,269 9,516 55,691 6,112 10,833 12,579 6,561 18,742 5,694 3,691 6,116 6,907 18,827 Notes 131,460 7,757 45,397 4,982 8,831 10,254 5,348 15,277 4,642 3,009 4,986 5,630 15,347 Bonds 39,572 2,335 13,665 11,,550000 22,,665588 33,,008877 11,,661100 44,,559999 11,,339977 990066 11,,550011 11,,669955 4,620 Total bought outright2 332,301 19,609 114,753 1122,,559933 2222,,332222 2255,,992200"" 1133 77551199 3388,,661188 1111//773333 77,,660066 1122,,660033 1144,,223311 38,794 Held under repurchase agreements1 7,790 0 77,,779900 0 000 000 000 000 000 000 000 000 0 Total U.S. govt, securities 340,091 19,609 "" 112222,,554433 12,593 222222,,,333222222 222555,,,999222000""" 111333,,,555111999""" 333888,,,666111888 111111,,,777333333""" 777,,,666000666""" 111222,,,666000333 111444,,,222333111 38,794 Total loans and securities 345,508 19,880 124,964 12,773 222222,,,666222666 222666,,,222777555 111333,,,777000222 333999,,,111444444 111111,,,888999333 777,,,777111777 111222,,,777888555 111444,,,444222555 39,325 Items in process of collection 17,023 1,369 2,156 1,227 1,198 1,743 1,587 1,749 1,071 815 902 922 2,286 Bank premises 1,055 91 140 47 38 139 61 113 31 35 51 158 151 Other assets3 32,013 1,275 10,386 1,178 1,833 2,411 2,506 3,572 807 774 1,104 1,928 4,240 Interdistrict settlement account 0 -2,929 +17,156 + 6 -3,358 + 717 ++ 995522 +1,555 +1,382 ++ 220011 ++11,,228855 --22,,225577 -14,709 TOTAL ASSETS 415,070 20,869 161,374 15,949 23,614 32,907 1199,,669922 48,390 15,768 99,,998855 1166,,775588 1166,,110099 33,654 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 $ 6,667 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 272 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 $ 99 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 JANUARY 19, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 341,865 16,699 137,735 12,686 19,798 27,762 13,769 41,576 13,741 7,082 14,135 11,830 25,051 Deposits Depository institutions 46,354 3,164 11,898 2,271 2,746 3,597 4,108 4,727 1,520 1,955 1,540 3,099 5,729 U.S. Treasury--general account 7,450 0 7,450 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 235 5 137 5 8 10 13 16 3 4 5 10 21 Other 297 1 126 1 2 54 1 101 11 55 44 11 1 Total deposits 54,337 3,170 19,611 2,277 2,756 3,661 4,122 4,843 11,,552244 11,,996633 11,,554499 33,,111100 5,751 Deferred credit items 9,117 589 1,197 632 431 683 1,013 874 238 674 686 554 1,546 Other liabilities and accrued dividends1 2,621 147 779 114 159 322 137 281 9988 6688 111199 111144 282 TOTAL LIABILITIES 407,939 20,605 159,322 15,709 23,145 32,428 19,040~ 47,574 1155,,660011 99,,778888 1166,,448899 1155,,660099 32,629 CAPITAL ACCOUNTS Capital paid in 3,402 123 969 114 224 230 319 389 74 92 128 244 495 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 329 18 114 13 23 20 13 37 19 14 13 11 ___ 35 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 415,070 20,869 161,374 15,949 23,614 32,907 19,692 48,390 15,768 9,985 16,758 16,109 33,654 FEDERAL RESERVE~AGENTS• ACCOUNTS F.R. notes outstanding 410,424 19,548 159,765 14,420 23,345 34,019 19,023 46,395 16,642 8,368 16,000 15,945 36,953 Less--Held by F.R. Banks 68,559 2,849 22,030 1,734 3,547 6,257 5,254 4,819 2,900 1,286 11,,886655 44,,111155 11,902 F.R. notes, net 341,865~ 16,699 137,735" 12,686" 19,798 27,762 13,769 41,576 13,741 7,082 1144,,113355 1111,,883300 25,051 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 322,793 Total collateral 341,865 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