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. •f*4iRe^v H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 3, 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 Mar 2, 1994 _____ 23, 1994 Mar 3, 1993 Mar 2, 1994 Reserve Bank credit1 2 376,163 • 3,390 + 38,319 378,454 U.S. government securities Bought outright--system account 333,050 + 773 + 35,630 333,420 Held under repurchase agreements 5,400 + 2,036 + 1,222 6,854 Federal agency obligations Bought outright 4,314 - 68 - 911 4,237 Held under repurchase agreements 305 + 30 + 53 815 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 29 2 - 19 17 Seasonal credit 15 0 - 3 16 Extended credit 0 0 0 0 Float 1,107 4- 219 + 199 805 Other F.R. assets 31,943 + 403 + 2,148 32,290 Gold stock 11,053 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,216 + 14 + 688 22,216 Total factors supplying reserve funds 417,450 _ 3,404 _ 39,005 1 419,741 Currency in circulation* 364,993 + 88 + 35,052 365,860 Treasury cash holdings* 366 - 7 - 104 374 Deposits, other than reserve balances, with F.R. Banks Treasury 4,435 - 1,550 - 1,582 4,369 Foreign 174 - 88 - 81 159 Service-related balances and adjustments3 7,227 + 680 + 815 7,227 Other 339 + 27 + 12 393 Other F.R. liabilities and capital 10,029 + 203 + 899 10,122 Total factors, other than reserve balances, absorbing reserve funds 387,564 646 + 35,013 388,505 Reserve balances with F.R. Banks4 29,886 + 4,050 + 3,992 31,236 On March 2, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 364,925 million, a change of + $ 4,841 million for the week. 1 Net of $ 6,973 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,973 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 6,991 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,991 million was with foreign official and international accounts. Includes $ 40 million securities Ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,225 million and adjustments of $ 1,002 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 Minions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Mar 2, 1994 Feb 23, 1994 Mar 3, 1993 ASSETS Gold certificate account 11,053 0 2 Special drawing rights certificate account 8,018 0 0 Coin 439 5 88 Loans 33 8 28 •» Acceptances 0 0 0 Federal agency obligations Bought outright 4,237 - 145 - 988 Held under repurchase agreements1 815 • 585 + 670 U.S. government securities Bought outright--Bills 162,388 1,679 + 19,525 Notes 131,311 0 • 13,356 Bonds 39,721 0 + 4,460 Total bought outright2 333,420 - 1,679 + 37,341 Held under repurchase agreements1. 6,854 + 3,405 - 276 Total U.S. government securities 340,274 + 1,726 + 37,065 Total loans and securities 345,359 + 2,175 • 36,719 Items in process of collection (744) 7,178 - 4,817 + 264 Bank premises 1,054 - r-l + 27 Other assets3 31,238 + 802 + 2,254 TOTAL ASSETS (744) 404,339 - 1,845 + 39,174 LIABILITIES Federal Reserve notes 344,458 + 36 + 34,451 Deposits Depository institutions 38,656 + 66 + 6,410 U.S. Treasury--general account 4,369 - 551 - 3,271 Foreign--official accounts 159 - 30 - 65 Other 393 • 85 + 42 Total deposits 43,577 - 429 + 3,116 Deferred availability cash items (744) 6,182 - 1,869 • 466 Other liabilities and accrued dividends4 2,549 + 34 • 259 TOTAL LIABILITIES (744) 396,765 - 2,228 + 38,292 CAPITAL ACCOUNTS Capital paid in 3,439 + 3 + 321 Surplus 3,401 0 + 348 Other capital accounts 733 + 380 • 213 * 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 $ 6,991 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 40 million securities loaned-fuily 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 $ 113 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, MARCH 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 27 0 WWiitthhiinn 1155 ddaayyss 21,405 343 815 + 220 16 days to 90 days 6 0 1166 ddaayyss ttoo 9900 ddaayyss 80,174 + 1,928 565 + 45 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 105,159 + 524 1,174 * 230 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 77,654 383 1,921 55 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 23,818 0 552 0 OOvveerr 1100 yyeeaarrss 32>064 0 25 0 Total 33 0 TToottaall 340,274 + 1,726 5,052 + 440 . _.. ...... 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 MARCH 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 certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 439 23 20 23 22 78 58 32 27 19 30 43 65 Loans 33 6 4 4 0 2 0 0 5 5 2 2 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,237 250 1,463 161 285 330 172 492 150 97 161 181 495 Held under repurchase agreements1 815 0 815 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 162,388 9,582 56,077 6,154 10,908 12,666 6,606 18,872 5,734 3,717 6,159 6,955 18,958 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 1,507 1,701 4,637 Total bought outright2 333,420 19,675 115,139 12,636 22,397 26,007 13,564 38,748 11,772 7,632 12,646 14,279 38,925 Held under repurchase agreements1 6,854 0 6,854 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 340,274 19,675 121,993 12,636 22,397 26,007 13,564 38,748 11,772 7,632 12,646 14,279 38,925 Total loans and securities 345,359 19,930 124,276 12,801 22,682 26,339 13,737 39,240 11,927 7,734 12,808 14,463 39,422 Items in process of collection 7,922 473 834 530 306 815 890 732 293 539 557 650 1,302 Bank premises 1,054 91 140 47 38 138 61 113 31 36 51 158 151 Other assets3 31,238 1,235 10,008 1,038 1,955 2,298 2,470 3,527 752 770 1,118 1,964 4,104 Interdistrict settlement account 0 -2,966 +17,471 +553 -4,629 + 290 +2,279 +1,560 +1,390 -426 +1,002 -3,154 -13,370 TOTAL ASSETS 405,082 19,957 159,308 15,693 21,631 31,510 20,322 47,427 14,980 9,101 16,173 15,010 33,970 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 $ 6,991 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 40 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 $ 113 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 MARCH 2, 1994 Millions of dollars Total Boston • New York Phiiadetptiia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 344,458 16,585 141,391 12,736 19,132 27,234 14,785 41,201 13,575 7,070 13,873 11,750 25,127 Deposits Depository institutions 38,656 2,560 9,567 2,155 1,539 2,839 3,831 4,251 918 1,233 1,392 2,163 6,208 U.S. Treasury--general account 4,369 0 4,369 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 159 5 59 5 9 9 13 16 3 4 5 10 21 Other 393 1 136 2 1 129 1 114 1 3 3 1 1 Total deposits 43,577 2,566 14,131 2,161 1,550 2,977 3,846 4,381 921 1,240 1,400 2,175 6,229 Deferred credit items 6,926 376 767 428 294 591 860 689 216 521 500 442 1,241 Other liabilities and accrued dividends1 2,549 150 831 114 160 190 136 286 99 68 120 111144 280 TOTAL LIABILITIES 397,509 19,678 157,120 15,439 21,135 30,992 19,628 46,557 14,811 8,899 15,892 1144,,448811 32,877 CAPITAL ACCOUNTS Capital paid in 3,439 125 987 115 225 234 321 394 75 93 129 244 498 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 733 32 232 25 47 56 54 85 20 18 24 39 100 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 405,082 19,957 159,308 15,693 21,631 31,510 20,322 47,427 14,980 9,101 16,173 15,010 33,970 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 412,317 19,927 161,896 14,581 22,297 33,067 20,153 46,766 16,331 8,235 15,641 15,925 37,497 Less--Held by F.R. Banks 67,859 3,343 2200,,550055 11,,884455 33,,116666 55,,883333 5,368 5,565 22,,775577 11,,116655 11,,776699 44,,117755 12,370 F.R. notes, net 344,458 16,585 114411,,339911 1122,,773366 1199,,113322 2277,,223344 14,785 41,201 1133,,557755 77,,007700 1133,,887733 1111,,775500 25,127 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 325,387 Total collateral 344,458 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