H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.voi^ss^; FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when ••?f^ftr?:-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 February 3, 1994 Millions of dollars Avera< es 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 Feb 2, 1994 Jan 26, 1994 Feb 3, 1993 Feb 2, 1994 Reserve Bank credit1 2 377,279 + 6,194 + 40,965 385,474 U.S. government securities Bought outright--system account 331,832 - 261 + 34,611 332,102 Held under repurchase agreements 4,508 + 4,508 + 1,646 11,601 Federal agency obligations Bought outright 4,437 - 61 - 873 4,437 Held under repurchase agreements 607 + 607 + 535 2,050 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 35 + 16 + 5 30 Seasonal credit 16 - 4 + 5 14 Extended credit 0 0 - 2 0 Float 2,560 + 833 + 2,587 1,213 Other F.R. assets 33,284 + 556 + 2,451 34,029 Gold stock 11,053 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,109 + 14 + 620 22,109 Total factors supplying reserve funds 418,460 _ 6,208 _ 41,583 426,655 Currency in circulation* 360,823 - 907 + 33,896 361,918 Treasury cash holdings* 377 - 6 - 125 375 Deposits, other than reserve balances, with F.R. Banks Treasury 13,224 + 4,446 + 1,777 20,148 Foreign 223 + 19 - 31 301 Service-related balances and adjustments3 6,699 - 147 + 694 6,699 Other 288 - 3 + 4 310 Other F.R. liabilities and capital 9,686 - 55 + 610 9,481 Total factors, other than r&serve balances, absorbing reserve funds 391,321 + 3,347 + 36,825 399,232 Reserve balances with F.R. Banks* 27,139 + 2,860 + 4,757 27,423 On February 2, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 360,213 million, a change of + $ 3,553 million for the week. 1 Net of $ 7,136 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,136 million was with foreign official and international accounts, includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,866 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,868 million was with foreign official and international accounts. Includes $ 236 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,230 million and adjustments of $ 468 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 Feb 2, 1994 Jan 26, 1994 Feb 3, 1993 ASSETS Gold certificate account 11,053 0 2 Special drawing rights certificate account 8,018 0 0 Coin 439 + 21 88 Loans 44 + 16 50 Acceptances 0 0 0 Federal agency obligations Bought outright 4,437 0 - 873 Held under repurchase agreements1 2,050 + 2,050 + 2,050 U.S. government securities Bought outright--Bills 161,070 2,605 + 16,466 Notes 131,460 0 + 13,281 Bonds 39,572 0 + 4,534 Total bought outright2 332,102 | - 2,605 + 34,281 Held under repurchase agreements1 11,601 + 11,601 + 5,763 Total U.S. government securities 343,703 j + 8,996 + 40,044 Total loans and securities 350,233 + 11,062 + 41,171 Items in process of collection (674) 7,005 - 1,588 + 1,209 Bank premises 1,054 - 1 + 25 Other assets3 32,958 + 1,207 + 2,963 TOTAL ASSETS (674) 410,760 + 10,701 + 45,278 LIABILITIES Federal Reserve notes 340,623 + 414 + 33,460 Deposits Depository institutions 34,038 - 1,173 - 2,003 U.S. Treasury--general account 20,148 + 10,964 + 12,864 Foreign--official accounts 301 - 26 + 17 Other 310 + 23 j + 7 Total deposits 54,797 + 9,789 + 10,885 Deferred availability cash items (674) 1 5,859 + 615 + 406 Other liabilities and accrued dividends4 2,448 - 3 + 194 TOTAL LIABILITIES (674) 403,727 • 10,814 + 44,944 CAPITAL ACCOUNTS Capital paid in 3,410 + 7 + 335 Surplus 3,401 0 + 375 L: Other capital accounts 222 - 120 376 * 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 $ 6,866 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 236 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 $ 97 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, FEBRUARY 2, 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 36 0 WWiitthhiinn 1155 ddaayyss 1188,,004411 1,098 2 103 16 days to 90 days 7 0 1166 ddaayyss ttoo 9900 ddaayyss 7733,,779922 445 859 + 105 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110044,,666666 951 969 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7799,,999922 99 2,016 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2233,,888844 0 567 0 OOvveerr 1100 yyeeaarrss 3311,,773399 0 25 0 Total 44 0 TToottaall 333322,,111133 2,593 4,439 + 2 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 FEBRUARY 2, 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 cortif. acct 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 439 17 16 19 22 76 64 36 27 18 27 49 68 Loans 44 4 0 1 0 0 0 0 1 7 3 0 28 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 2,050 0 2,050 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 161,070 9,505 55,622 6,104 10,820 12,564 6,553 18,718 5,687 3,687 6,109 6,898 18,804 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 L 2>356 13,665 1,500 2,658 3,087 1,610 4,599 1,397 906 1,501 1,695 4,620 Total bought outright2 332,102 19,597 114,684 12,586 22,308 25,904 13,510 38,595 11,726 7,602 12,596 14,223 38,771 Held under repurchase agreements1 11,601 0 11,601 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 343,703 19,597 126,285 12,586 22,308 25,904 13,510 3388,,559955 1111,,772266 77,,660022 1122,,559966 1144,,222233 38,771 Total loans and securities 350,233 19,863 129,867 12,755 22,606 26,250 13,691 3399,,111100 1111,,888833 77,,771111 1122,,776677 1144,,441133 39,317 Items in process of collection 7,679 467 934 625 320 569 934 676 244 463 451 687 1,309 Bank premises 1,054 91 140 47 38 138 61 113 31 35 51 158 151 Other assets3 32,958 1,303 11,064 1,077 2,023 2,383 2,499 3,644 787 793 1,165 2,002 4,218 Interdistrict settlement account 0 -4,063 +20,186 + 955 -4,458 + 796 +928 +443 +1,530 -627 +1,011 -2,648 -14,054 TOTAL ASSETS 411,434 18,849 168,769 16,180 21,809 31,763 19,003 46,244 15,061 8,821 16,080 15,548 33,305 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 $ 6,866 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 236 million securities loaned-fuliy 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 $ 97 million so 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 FEBRUARY 2, 1994 Millions of dollars „,. Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 340,623 16,068 138,409 12,706 19,398 27,673 14,024 41,048 13,724 7,010 13,917 11,953 24,694 Deposits Depository institutions 34,038 1,988 6,380 2,668 1,544 2,791 3,368 3,375 866 1,092 1,353 2,445 6,166 U.S. Treasury--general account 20,148 0 20,148 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 301 5 200 5 9 9 13 16 3 4 5 10 21 Other 310 1 121 2 1 76 2 98 1 4 3 1 1 Total deposits 54,797 1,994 26,849 2,675 1,554 2,876 3,384 3,489 870 1,099 1,361 2,457 6,188 Deferred credit items 6,533 384 710 451 238 550 820 621 214 455 420 532 1,138 Other liabilities and accrued dividends1 2,448 142 784 112 154 184 133 279 97 66 118 110 269 TOTAL LIABILITIES 404,400 18,588 166,753 15,943 21,344 31,283 18,361 45,437~ 14,905 8,630 15,816 15,052 32,288 CAPITAL ACCOUNTS Capital paid in 3,410 123 970 115 224 230 319 393 74 92 128 244 497 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 222 16 78 8^ 17 22 3 25 8 8 7 6 25 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 411,434 18,849 168,769 16,180 21,809 31,763 19,003 46,244 15,061 8,821 16,080 15,548 33,305 FEDERAL RESERVE'"AGENTS1 ACCOUNTS F.R. notes outstanding 410,175 19,220 160,499 14,509 22,883 33,650 19,457 46,426 16,511 8,275 15,794 16,042 36,910 Less--Held by F.R. Banks 69,552 3,152 22,089 1,804 3,485 5,977 5,432 5,379 2,787 1,265 1,877 4,088 12,216 F.R. notes, net 340,623 16,068 138,409 12,706 19,398 27,673 14,024 41,048 13,724 7,010 13,917 11,953 24,694 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 321,552 Total collateral 340,623 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