H.4.1 Factors Affecting Reserve Balances of Depository Institutions

££s!2&: 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. ^lR£>V H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 10, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss FFeebb 99,, 11999944 Feb 2, 1994 Feb 10, 1993 Feb 9, 1994 Reserve Bank credit1 2 371,535 5,703 + 39,102 375,036 U.S. government securities Bought outright--system account 332,868 • 1,036 • 36,851 332,508 Held under repurchase agreements 0 4,508 0 0 Federal agency obligations Bought outright 4,437 0 866 4,437 Held under repurchase agreements 0 607 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 31 4 + 16 22 Seasonal credit M 2 3 15 Extended credit 0 0 0 0 Float 1,320 1,198 + 839 5,045 Other F.R. assets 32,864 420 • 2,265 33,010 Gold stock 11,053 0 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,123 • 14 • 624 22,123 Total factors supplying reserve funds 412,730 5,689 • 39,724 416,231 Currency in circulation* 362,376 • 1,553 • 33,851 364,034 Treasury cash holdings* 374 3 92 371 Deposits, other than reserve balances, with F.R. Banks Treasury 5,960 7,264 • 569 5,053 Foreign 263 • 40 • 41 242 Service-related balances and adjustments3 7,163 • 465 • 595 7,163 Other 309 • 21 • 10 319 Other F.R. liabilities and capital 9,601 85 + 551 9,548 Total factors, other than reservB balances, absorbing reserve funds 386,046 5,275 • 35,524 386,731 Reserve balances with F.R. Banks4 26,683 414 • 4,200 29,500 On February 9, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 363,257 million, a change of -r $ 3,044 million for the week. 1 Net of $ 6,099 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,099 million was with foreign official and international accounts. Includes securities loaned-fufty secured by U.S. government securities. 2 Net of $ 6,459 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,459 million was with foreign official and international accounts. Includes $ 76 million securities loaned-fufly secured U.S. government securities. 3 Consists of required clearing balances of $ 6,232 million and adjustments of $ 931 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 I Change since * WWeeddnneessddaayy Wednesday Wednesday Feb 9, 1994 Feb 2j 1994 Feb 10, 1993 ASSETS Gold certificate account 11,053 0 2 Special drawing rights certificate account I 8,018 0 0 Coin 457 * 18 85 Loans 36 8 + 1 Acceptances 0 0 0 Federal agency obligations Bought outright 4,437 0 823 Held under repurchase agreements1 0 2,050 0 U.S. government securities Bought outright--Bills 161,476 407 + 20,761 Notes 131,460 0 + 13,281 Bonds 39,572 0 + 4,534 Total bought outright2 332,508 + 407 • 38,577 Held under repurchase agreements1 0 11,601 0 Total U.S. government securities 332,508 - 11,194 + 38,577 Total loans and securities 336,^81 13,252 + 37,755 Items in process of collection (885) 10,076 + 3,071 + 4,799 Bank premises 1,054 0 + 30 Other assets3 31,924 - 1,033 + 2,1°7 TOTAL ASSETS (885) 399,564 - 11,196 + 44,694 LIABILITIES Federal Reserve notes 342,739 2,116 + 33,767 Deposits Depository institutions 36,620 + 2,582 + 9,614 U.S. Treasury--general account 5,053 15,095 + 74 Foreign--official accounts I 242 58 + 43 Other 319 28 Total deposits. 42 235 12,562 9,758 Deferred availability cash items (885) 5 042 817 304 Other liabilities and accrued dividends'* 2 388 60 174 TOTAL LIABILITIES (885) 392,404 11,323 44,003 \L ACCOUNTS •*- Capital paid in 3,426 16 + 348 Surplus 3,401 0 +" 365 Other capital accountts s ! ^ 333 * 111 " 22 * 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 :he end o.f the latest statement week. 2 Ner of S 6,459 million matched sale-purchase transactions outstanding at the -end of the latest statement week. Includes $ 76 million securities loaned-'njlly 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 S 109 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 9, 1994 Acceptances and securities held under repurchase agreements ^re 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 Acceptances i •• 1 Weekly Weekly uHoLuings j changes Holdings changes Within 15 days 31 0 Within 15 days 1188,,220000 ++ 115599 0 2 16 days to 90 days 5 0 16 days to 90 days 7777,,^^7788 •• 33,,668866 884 + 25 Over 90 days 0 0 91 days to 1 year 110011,,221166 33,,445500 944 25 Over 1 year to 5 years 7799,,999922 00 2,016 0 Over 5 years to 10 years 2233,,888844 00 567 0 Over 10 years 3311,,7733** 00 25 0 Total 36 0 Total 333322,,550088 ++ 339955 4,437 - 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 9, 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 457 20 17 20 24 80 64 36 29 19 29 50 71 Loans 36 7 0 14 0 0 1 1 3 5 4 0 3 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 lfc>8 190 518 Held under repurchase agreements1 0 0 P 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 161,476 9,529 5555,,776622 6666,,,,111122220000 11110000,,,,888844447777 11112222,,,,555599995555 6666,,,,555566669999 11118888,,,,777766666666 5555,,,,777700001111 3333,,,,666699996666 6666,,,,111122224444 6666,,,,999911115555 18,852 Notes 131,460 7,757 4455,,339977 4444,,,,999988882222 8888,,,,888833331111 11110000,,,,222255554444 5555,,,,333344448888 11115555,,,,222277777777 4444,,,,666644442222 3333,,,,000000009999 4444,,,,999988886666 5555,,,,666633330000 15,347 Bonds 39,572 2,335 1133,,666655 1111,,,,555500000000 2222,,,,666655558888 3333,,,,000088887777 1111,,,,666611110000 4444,,,,555599999999 1111,,,,333399997777 999900006666 1111,,,,555500001111 1111,,,,666699995555 4,62t Total bought outright2 332,508 19,621 111144,,882244 11112222,,,,666600001111 22222222,,,,333333336666 22225555,,,,999933336666 11113333,,,,555522227777 333388887777666644442222 11111111,,,,777744440000 7777,,,,666611111111 11112222,,,,666611111111 11114444,,,,222244440000 38,81V Held under repurchase agreements1 0 0 00 0000 0000 0000 0000 0000 0000 0000 0000 0000 0 Total U.S. govt, securities 332,508 19,621 111144,,882244 11112222,,,,666600001111 22222222,,,,333333336666 22225555,,,,999933336666 11113333,,,,555522227777 33338888,,,,666644442222 11111111,,,,777744440000 7777,,,,666611111111 11112222,,,,666611111111 11114444,,,,222244440000 38,819 Total loans and securities 336,981 19,890 111166,,335577 11112222,,,,777788883333 """" 22222222,,,,666633334444 22226666,,,,222288883333 11113333,,,,777700008888 33339999,,,,111155558888 """" 11111111,,,,888899999999 7777,,,,777711118888 11112222,,,,777788883333 11114444,,,,444433330000 39,339 Items in process of collection 10,961 1,135 11,,778833 1,041 672 883311 11,,222211 11,,002266 444466 442211 445500 552255 1,410 Bank premises , 1,054 91 114400 47 38 113388 6611 111133 3311 3355 5511 115588 151 Other assets3 31,924 1,320 99,,884411 1,090 2,061 22,,440011 22,,550099 33,,667766 779944 880000 11,,116699 22,,001133 4,250 Interdistrict settlement account 0 -4,772 ++2233,,002299 + 296 -4,05b ++ 2255 ++11,,007733 ++ 113399 ++11,,771133 --886666 ++887744 --33,,221155 -14,240 TOTAL ASSETS 400,449 18,855 115577,,772266 15,979 22,630 3311,,331100 1199,,446633 4466,,336699 1155,,447722 88,,555566 1155,,996655 114477884488 33,277 1 Does not include US 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 $ 6,459 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 76 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 $ 109 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 FEBRUARY 9, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 342,739 16,141 139,721 12,714 19,434 27,687 14,385 41,137 13,751 7,046 13,959 12,043 24,723 Deposits Depository institutions 36,620 1,945 9,348 2,241 2,351 2,429 3,528 3,501 1,269 871 1,196 1,781 6,161 U.S. Treasury--general account 5,053 0 5,053 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 242 5 142 5 9> 9 13 16 3 4 5 10 21 Other 319^ 0 120 3 2 67 22 111100 0 4 3 1 7 Total deposits 42,235 1,951 14,663 2,248 2,362! 2,506 33,,554433 33,,662277 1,272 878 1,204 1,792 6,189 Deferred credit items 5,927 356 561 602 205 445 750 504 192 374 415 402 1,062 Other liabilities and accrued dividends1 2,388 143 717 113 157 185 134 278 97 65 118 109 271 TOTAL LIABILITIES 393,289 18,590 155,663 15,737 22,158 30,823 18,811 45,545 15,312 8,363 15,696 14,345 32,245 CAPITAL ACCOUNTS Capital paid in 3,426 123 980 116 224 233 320 394 74 93 129 244 497 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 333 18 115 13 24 25 12 41 11 9 13 13 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 400,449 18,855 157,726 15,979 22,630 31,310 19,463 46,369 15,472 8,556 15,965 14,848 33,277 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 410,825 19,342 161,533 14,584 22,821 33,522 19,334 46,446 16,453 8,285 15,802 15,982 36,721 Less--Held by F.R. Banks 68,086 _3^201 21,812_ 3,387 5,835 44,,995500 5,309 2,702 1,239 1,843 3,938 11,^*8 F.R. notes, net 342,739 16,141 139,721 12,714 19,434 27,687 1144,,338855 41,137 13,751 7,046 13,959 12,043 24,723 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 323^668 Total collateral 342,739 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