H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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. ^iRe> H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 17, 1994 Millions of dollars Averages 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 16, 1994 Feb 9, 1994 Feb 17, 1993 Feb 16, 1994 Reserve Bank credit1 2 371,586 + 51 + 36,632 370,389 U.S. government securities Bought outright — system account 331,708 - 1,160 + 34,582 331,286 Held under repurchase agreements 886 + 886 - 123 2,698 Federal agency obligations Bought outright 4,413 - 24 - 847 4,382 Held under repurchase agreements 95 + 95 ¥ 32 452 Acceptances 3 0 0 0 Loans to depository institutions Adjustment credit 130 + 99 f 116 31 Seasonal credit 15 + 1 - 5 15 Extended credit 0 0 0 0 Float 1,743 + 423 + 642 196 Other F.R. assets 32,596 - 268 + 2,234 31,330 Gold stock 11,053 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,137 + 14 + 628 22,137 Total factors supplying r&ser^e funds 412,794 + 65-" + 37,258 411,598 Currency in circulation* 363,907 + 1,531 + 33,427 364,702 Treasury cash holdings* 372 - 3 ~ 92 374 Deposits, other than res&rye balances, with F.R. Banks Treasury 4,691 Foreign 307 Service-related balances and adjustments3 7,185 Other 315 Other F.R. liabilities and capital 9,860 Total factors, other than reserve balances, absorbing reserve funds 385,620 Reserve balances with F.R. Banks4 25,978 On February 16, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 359,498 million, a change of - $ 3759 million for the week. 1 Net of S 7,259 million, daily average, matched saie-purchase transactions outstanding during the latest statement week, of which a net of $ 6,543 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of S 7,682 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,682 million was with foreign official and international accounts. Includes $ 180 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,220 million and adjustments of $ 965 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 16, 1994 Feb 9, 1994 Feb 17, 1993 ASSETS Gold certificate account 11,053 0 2 Special drawing rights certificate account 8,018 0 0 Coin 453 5 88 Loans 46 + 10 + 7 Acceptances 0 0 0 Federal agency obligations Bought outright 4,382 - 55 - 878 Held under repurchase agreements1 452 + 452 + 302 U.S. government securities Bought outright--Bills 160,254 - 1,223 + 16,445 Notes 131,311 - 150 • 13,356 Bonds 39,721 + 150 • 4,460 Total bought outright2 331,286 - 1,223 + 34,261 Held under repurchase agreements1 2,698 + 2,698 - 133 Total U.S. government securities 333,984 + 1,475 • 34,128 Total loans and securities 338,864 + 1,883 + 33,559 Items in process of collection (674) 6,121 3,955 - 4,354 Sank premises 1,054 0 + 29 Other assets3 30,243 - 1,681 + 1,783 TOTAL ASSETS (674) 395,806 - 3,758 + 30,927 LIABILITIES Federal Reserve notes 343,392 + 653 + 32,913 Deposits Depository institutions 33,585 - 3,035 + 1,442 U.S. Treasury--general account 2,953 - 2,100 - 1,916 Foreign — official accounts 385 + 142 + 129 Other (1) 324 + 5 + 1 Total deposits (1) 37,247 - 4,988 - 345 Deferred availability cash items (673) 5,471 + 429 - 2,566 Other liabilities and accrued dividends* 22,,551177 + 129 ++ 210 TOTAL LIABILITIES ((667744)) 338888,,662266 - 3,778 ++ 30,213 CAPITAL ACCOUNTS Capital paid in 3,429 + 4 • 345 Surplus 3,401 0 + 353 Other capital accounts 350 + 16 + 16 * 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 $ 7,682 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 180 million securities loaned-fully secured by U.S. government securities. C Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 100 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 15, 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 46 0 WWiitthhiinn 1155 ddaayyss 1144,,116600 44,,004400 881177 + 817 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 8811,,005544 ++ 33,,557766 552200 365 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110044,,885511 ++ 33,,663355 994444 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7788,,003377 11,,995555 11,,997766 40 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2233,,881188 6666 555522 15 OOvveerr 1100 yyeeaarrss 3322,,006644 ++ 332255 2255 0 Total 46 0 TToottaall 333333,,998844 ++ 11,,447755 44,,883344 + 397 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 16, 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 453 21 17 22 24 79 62 34 29 19 28 47 68 Loans 46 6 0 2 0 1 0 0 1 6 4 0 27 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,382 259 1,513 166 294 342 178 509 155 100 166 188 512 Held under repurchase agreements1 452 0 452 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 160,254 9,456 55,340 6,073 10,765 12,500 6,519 18,624 5,658 3,668 6,078 6,863 18,709 Notes 131,311 7,749 45,345 4,976 8,821 10,242 5,342 15,260 4,636 3,006 4,980 5,624 15,330 Bonds 39,721 2,344 13,717 1,505 2,668 3,098 1,616 4,616 1,402 909 11,,550077 11,,770011 4,637 Total bought outright2 331,286 19,549 114,402 12,555 22,254 25,841 13,477 38,500 11,697 7,583 1122,,556655 1144,,118888 38,676 Held under repurchase agreements1 2,698 0 22,,669988 00 00 00 00 00 00 00 00 00 0 Total U.S. govt, securities 333,984 ^9,549 111177,,110000 1122,,555555 2222,,225544 2255,,884411 1133,,447777 3388,,550000 1111,,669977 77,,558833 1122,,556655 1144,,118888 38,676 Total loans and securities 338,864 19,813 119,065 12,723 22,548 26,184 13,655 39,009 11,853 7,689 12,735 14,375 39,214 Items in process of collection 6,795 485 1,055 525 237 519 702 606 224 435 410 449 1,149 Bank premises 1,054 91 140 47 38 138 61 114 31 35 51 158 151 Other assets3 30,243 1,209 9,419 1,017 1,921 2,262 2,430 3,447 722 755 1,097 1,934 4,030 Interdistrict settlement account 0 -3,572 +18,209 + 641 -3,757 +1,149 +1,622 + 959 +2,114 -824 +999 -2,489 -15,050 TOTAL ASSETS 396,480 19,217 154,466 15,678 22,267 31,882 19,360 46,391 15,533 8,539 15,928 15,362 31,857 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 $ 7,682 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 100 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 18, 1994 Millions of dollars i Kansas San Total Boston NI ew York Philadelphia CieveiaruJ Richmond j Attaiua i Chii.ago St. Louis j Minneapolis City Dallas Francisco ._ ..._ _. i_ LIABILITIES Federal Reserve notes 343,392 16,306 140,736 12,656 19,393 27,64 3 14,295 41,068 13,773 7,073 13,945 12,025 24,478 Deposits Depository institutions 33,585 2,102 6,666 2 232 2,013 2,973 3,477 3,524 1,310 781 1,176 2,337 4,994 U.S. Treasury--general account 2,953 0 2,953 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 385 5 284 5 9 o 13 16 3 4 5 10 21 Other 325 1 __ 130 22 33 7733 110011 0 3 66 11 2 Total deposits 37,247 2,108 10,032 22,,223399"" "" 22ff002255 ""~~3377005566 ''""""3377449922""""'' 33,,<<>>44ll"" 1,313 788 11,,118877 22,,334499 5,016 Deferred credit items 6,144 390 831 42b 214 499 782 569 187 417 405 373 1,051 Other liabilities and accrued dividends1 2,517 148 783 111144 llbb44 196 113399 228877 110000 68 112222 111155 282 TOTAL LIABILITIES 389,300 18,952 152,382 1155,,443355 2211,,779977 31,594 1188,,770088 4455,,^^oo55 1155,,337744 8,346 1155,,665599 1144,,886622 30,827 CAPITAL ACCOUNTS Capital paid in 3,429 123 980 115 225 234 320 394 74 93 129 244 499 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 350 19 135 14 22 26 12 42 11 9 13 10 36 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 396,480 19,217 154,466 15,678 22,267 31,882 19,360 46,391 15,533 8,539 15,928 15,362 31,857 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 410,888 19,566 161,989 14,546 22,748 33,382 19,229 46,514 16,412 8,286 15,771 15,906 36,539 Less--Held by F.R. Banks 67,49b 3,260 21^253 1,889 3,354 5,739 4,934 5,446 2,639 1,212 F.R. notes, net 343,392 16,306 140,736 12^656 19,393 27,643 14,295 41,068 13,773 7,073 13,945 12,025 24,478 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 324,321 Total collateral 343,392 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