H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.< o*9P FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when '••f^PV 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 27, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change fromi week ended ! Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 26, 1994 Jan 19, 1994 Jan 27, 1993 Jan 26, 1994 Reserve Bank credit1 2 371,086 - 2,842 + 38,391 375,562 U.S. government securities Bought outright--system account 332,094 - 579 + 35,213 334,706 Held under repurchase agreements 0 - 1,577 0 0 Federal agency obligations Bought outright 4,497 - 24 - 834 4,437 Held under repurchase agreements 0 - 186 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 19 - 96 - 52 9 Seasonal credit 20 + 6 + 9 19 Extended credit 0 0 - 3 0 Float 1,727 - 511 + 1,208 3,548 Other F.R. assets 32,729 + 124 + 2,849 32,843 Gold stock 11,053 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,095 + 14 + 615 22,095 Total factors supplying reserve funds 412,252 - 2,828 _ 39,004 416,729 Currency in circulation* 361,730 - 979 + 33,817 361,508 Treasury cash holdings* 383 0 - 119 378 Deposits, other than reserve balances, with F.R. Banks Treasury 8,778 + 3,132 + 17 9,184 Foreign 204 - 164 - 11 327 Service-related balances and adjustments3 6,846 - 264 + 622 6,846 Other 290 - 7 + 14 287 Other F.R. liabilities and capital 9,742 + 4 + 1,003 9,597 Total factors, other than reserve balances, absorbing reserve funds 387,973 + 1,722 + 35,344 388,127 Reserve balances with F.R. Banks4 24,279 - 4,550 + 3,661 28,602 On January 26, 1994. marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 356,660 million, a change of + $ 369 million for the week. 1 Net of $ 6,874 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,489 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,262 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,262 million was with foreign official and international accounts. Includes $ 111 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,231 million and adjustments of $ 614 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 26, 1994 Jan 19, 1994 Jan 27, 1993 ASSETS Gold certificate account 11,053 0 2 Special drawing rights certificate account 8,018 0 0 Coin 418 -i 18 89 Loans 28 8 241 Acceptances 0 0 0 Federal agency obligations Bought outright 4,437 85 873 Held under repurchase agreements1 0 859 0 U.S. government securities Bought outright--Bills 163,674 + 2,405 + 19,464 Notes 131,460 0 + 13,281 Bonds 39,572 0 + 4,534 Total bought outright2 334,706 + 2,405 + 37,280 Held under repurchase agreements1 0 - 7,790 0 Total U.S. government securities 334,706 - 5,385 + 37,280 Total loans and securities 339,171 - 6,337 + 36,166 Items in process of collection (986) 8,593 7,522 + 3,256 Bank premises 1,054 - 1 + 28 Other assets3 31,751 - 262 + 2,769 TOTAL ASSETS (986) 400,059 - 14,104 + 42,127 LIABILITIES Federal Reserve notes 340,209 1,656 + 33,534 Deposits Depository institutions 35,210 - 11,144 + 8,457 U.S. Treasury--general account 9,184 + 1,734 - 1,566 Foreign--official accounts 327 + 92 + 53 Other (1) 287 - 11 + 14 Total deposits (1) 45,008 - 9,328 + 6,959 Deferred availability cash items (984) 5,245 - 2,965 + 662 Other liabilities and accrued dividends* 2,450 - 170 + 169 TOTAL LIABILITIES (986) 392,912 - 14,119 + 41,324 CAPITAL ACCOUNTS Capital paid in 3,403 + 2 + 334 Surplus 3,401 0 + 434 Other capital accounts 342 + 13 + 36 * 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 $ 2,250 million was outstanding at the end of the latest statement week. 2 Net of $ 4,262 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 111 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 $ 80 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 26, 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 28 0 WWiitthhiinn 1155 ddaayyss 19,139 11,,881100 105 944 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 74,237 33,,554477 754 + 55 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 105,617 2288 969 + 9 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 80,091 00 2,016 62 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 23,884 00 567 2 OOvveerr 1100 yyeeaarrss 31,739 00 25 0 Total 28 0 TToottaall 334,706 55,,338855 4,437 944 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 26, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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 418 16 14 16 21 73 61 35 26 16 26 48 68 Loans 28 6 0 1 0 4 0 1 1 8 2 0 5 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,437 262 1,532 168 298 346 180 516 157 102 168 190 518 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 163,674 9,658 56,521 6,203 10,995 12,767 6,659 19,021 5,779 3,746 6,208 7,010 19,108 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 1,500 2,658 3,087 1,610 4,599 1,397 906 1,501 1,695 4,620 Total bought outright2 334,706 19,751 115,583 12,684 22,483 26,108 13,616 38,897 11,818 7,661 12,694 14,334 39,075 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 334,706 19,751 115,583 12,684 22,483 26,108 13,616 38,897 11,818 7,661 12,694 14,334 39,075 Total loans and securities 339,171" 20,019 117,116 12,854 22,781 26,457 13,797 39,414 11,975 7,770 12,864 14,524 39,598 Items in process of collection 9,579 638 1,487 1,119 554 585 1,083 910 427 739 460 438 1,140 Bank premises 1,054 91 140 47 38 138 61 113 31 35 51 158 151 Other assets3 31,751 1,301 9,757 1,078 2,021 2,380 2,497 3,614 917 792 1,159 2,019 4,215 Interdistrict settlement account 0 -3,464 +23,350 -92 -3,951 +350 -471 +951 +1,328 -1,135 + 956 -3,281 -14,543 TOTAL ASSETS 401,045 19,770 158,425 15,725 22,722 31,534 17,854 47,260 15,265 8,647 16,125 14,793 32,925 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 $ 2,250 million was outstanding at the end of the latest statement week. 2 Net of $ 4,262 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 111 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 $ 80 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 26, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 340,209 16,449 138,140 12,681 19,733 27,639 13,207 41,349 13,729 7,067 14,010 11,738 24,467 Deposits Depository institutions 35,210 2,544 7,137 1,900 2,120 2,744 3,179 4,110 1,058 900 1,376 2,060 6,080 U.S. Treasury--general account 9,184 0 9,184 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 327 5 226 5 9 9 13 16 3 4 5 10 21 Other 288 0 136 2 3 50 2 81 1 3 4 1 5 Total deposits 45,010 2,549 16,683 1,907 2,133 2,804 3,194 4,207 1,062 907 1,385 2,071 6,106 Deferred credit items 6,229 362 806 783 231 412 664 606 217 414 343 369 1,024 Other liabilities and accrued dividends1 2,450 147 773311 111144 159 193 135 282 98 68 111199 111144 290 TOTAL LIABILITIES 393,898 19,506 115566,,336611 1155,,448855 22,256 31,049 17,199 46,444 15,106 8,456 1155,,885577 1144,,229922 31,887 CAPITAL ACCOUNTS Capital paid in 3,403 123 970 114 224 230 319 389 74 92 128 244 496 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 342 18 126 12 19 26 16 37 10 8 1111 1111 48 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 401,045 19,770 158,425 15,725 2222,,772222 3311,,553344 17,854 47,260 15,265 8,647 16,125 14,793 32,925 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 410,524 19,461 160,606 14,412 23,279 33,893 18,700 46,637 16,611 8,358 15,956 15,930 36,682 Less--Held by F.R. Banks 70,316 3,012 22,465 11,,773311 33,,554466 66,,225544 55,,449933 55,,228888 22,,888833 11,,229900 11,,994466 44,,119922 12,214 F.R. notes, net 340,209 16,449 138,140 1122,,668811 1199,,773333 2277,,663399 1133,,220077"" 4411,,334499 1133,,772299 77,,006677 1144,,001100~~ 1111,,773388 24,467 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 321,138 Total collateral 340,209 "i 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