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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 10, 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 9, 1994 Mar 2, 1994 Mar 10, 1993" Mar 9, 1994 Reserve Bank credit1 2 374,354 - 1,758 + 38,183 374,530 U.S. government securities Bought outright--system account 333,846 + 796 + 36,185 333,803 Held under repurchase agreements 2,639 - 2,761 + 312 3,174 Federal agency obligations Bought outright 4,237 - 77 - 979 4,237 Held under repurchase agreements 238 - 67 + 35 555 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 9 - 20 + 3 5 Seasonal credit 15 0 - 4 15 Extended credit 0 0 0 0 Float 1,408 + 337 + 709 523 Other F.R. assets 31,963 + 35 + 1,920 32,219 Gold stock 11,053 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,230 + 14 + 690 22,230 Total factors supplying reserve funds 415,655 - 1,744 _ 38,870 415,831 Currency in circulation* 365,796 + 803 + 34,696 367,050 Treasury cash holdings* 375 + 9 - 137 378 Deposits, other than reserve balances, with F.R. Banks Treasury 5,222 + 787 - 173 4,722 Foreign 193 + 20 - 9 204 Service-related balances and adjustments3 6,388 - 839 - 146 6,389 Other 363 + 24 + 19 345 Other F.R. liabilities and capital 10,167 + 138 + 1,054 9,703 Total factors, other than reserve balances, absorbing reserve funds 388,504 + 940 + 35,304 388,789 Reserve balances with F.R. Banks4 27,151 - 2,684 + 3,566 27,042 On March 9, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 364,648 million, a change of - $ 277 million for the week. 1 Net of $ 6,651 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,651 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,707 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,707 million was with foreign official and international accounts. Includes $ 20 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,170 million and adjustments of $ 218 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 Mar 9, 1994 Mar 2, 1994 Mar 10, 1993 ASSETS Gold certificate account 11,053 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 437 - 2 - 87 Loans 20 - 13 - 8 Acceptances 0 0 0 Federal agency obligations Bought outright 4,237 0 - 928 Held under repurchase agreements1 555 - 260 + 448 U.S. government securities Bought outright--Bills 162,771 •f 384 + 18,178 Notes 131,311 0 + 13,356 Bonds 39,721 0 + 4,460 Total bought outright2 333,803 + 384 + 35,993 Held under repurchase agreements1 3,174 - 3,680 + 2,874 Total U.S. government securities 336,977 - 3,296 • 38,867 Total loans and securities 341,789 - 3,570 + 38,379 Items in process of collection (590) 6,046 - 1,132 + 1,026 Bank premises 1,054 0 + 27 Other assets3 31,093 - 146 + 2,295 TOTAL ASSETS (590) 399,489 - 4,849 + 41,638 LIABILITIES Federal Reserve notes 345,634 + 1,176 + 34,483 Deposits Depository institutions 33,711 - 4,945 + 6,338 U.S. Treasury--general account 4,722 + 353 - 519 Foreign--official accounts 204 + 44 - 26 Other 345 - 48 - 2 Total deposits 38,982 - 4,595 + 5,790 Deferred availability cash items (590) 5,171 - 1,011 + 524 Other liabilities and accrued dividends4 2,486 - 63 + 233 TOTAL LIABILITIES (590) 392,273 - 4,492 + 41,030 CAPITAL ACCOUNTS Capital paid in 3,440 * 1 + 285 Surplus 3,401 0 + 348 Other capital accounts 375 - 358 - 26 * 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 $ 6,707 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 20 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. 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 9, 1994 .^ceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum .aujrity of the agreements. H'Ons of dollars 11 U.S. government Federal agency securities obligations i «-=«*- i*~ i_~~...~ Loans ii u -, J- i Weekly Weekly Holding57s ! j c . h anges Holdings changes . r->in 15 days 12 0 Within 15 days 17,486;- 3,919 555 260 .: days to 90 days 7 0 16 days to 90 days 34,636;+ 4,462 806 * 241 C f.-r *0 days 0! 0 91 days to 1 year 101,319 1 - 3,33* 933 241 Over 1 year to 5 years 77,654: 0 1,921 0 Over 5 years to 10 years j 23,318 0 5521 0 OOvveerr 1100 yyeeaarrss 3322,,006644 00 25j 0 Total 20 0 TToottaall || 333366,,997777 ""-- 33,,229966 4,792 260 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4 I (b) STATEMENT Ol i »..*• vjfi Of EACH FEDERAL RESERVE BANK ON MARCH 9, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco AYaLl y Gold certificate ac-ou«\i 11,053 660 3,753 399 701 899 509 1,186 392 243 409 510 1,392 Special drawing rights cert if. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 437 23 20 25 22 78 55 32 26 19 30 41 64 Loans 20 4 0 0 0 1 0 1 1 6 2 2 2 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 555 0 555 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 162,771 9,605 56,209 6,169 10,934 12,696 6,622 18,916 5,747 3,726 6,173 6,971 19,003 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 333,803 19,697 115,272 12,650 22,423 26,037 13,580 38,792 11,786 7,641 12,660 14,296 38,970 Held under repurchase agreements1 3,174 0 33,,117744 0 00 0 0 0 0 0 0 0 0 Total U.S. govt, securities 336,977 19,697 111188,,444466 12,650 2222,,442233 26,037 13,580 3388,,779922 1111,,778866 77,,664411 1122,,666600 1144,,229966 38,970 Total loans and securities 341,789 19,952 120,464 12,811 22,707 26,369 13,752 3399,,228866 1111,,993366 77,,774444 1122,,882233 1144,,447799 39,466 Items in process of collection 6,636 370 820 473 256 477 738 554 290 451 517 532 1,159 Bank premises 1,054 91 140 47 38 138 61 113 31 36 51 158 151 Other assets3 31,093 1,245 9,789 1,040 1,962 2,308 2,469 3,544 762 771 1,122 1,967 4,113 Interdistrict settlement account 0 -3,329 +18,457 + 644 -4,253 + 234 ++11,,338888 ++11,,557700 ++11,,335577 --774433 ++ 775588 --33,,447722 -12,610 TOTAL ASSETS 400,079 19,522 156,250 15,742 21,989 31,155 1199,,229900 4477,,332211 1144,,996633 88,,770077 1155,,990088 1144,,559922 34,640 1 Does no! include US government and iederal 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 $ 670/ tiiiliion matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 million securities loaned fully secured by US 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 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 345,634 16,623 141,379 12,718 19,238 27,290 14,573 41,470 13,578 7,110 13,900 11,721 26,034 Deposits Depository institutions 33,711 2,099 6,343 2,293 1,907 2,644 3,186 4,080 944 913 1,220 1,868 6,215 U.S. Treasury--general account 4,722 0 4,722 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 204 5 103 5 9 9 13 16 3 4 5 10 21 Other 345 1 122 1 2 96 1 114 1 3 3 1 1 Total deposits 38,982 2,105 11,290 2,299 1,918 2,750 3,200 4,210 947 920 1,228 1,879 6,237 Deferred credit items 5,761 379 720 367 201 433 723 526 177 417 390 375 1,053 Other liabilities and accrued dividends1 2,486 149 769 115 159 190 138 286 99 68 120 115 277 TOTAL LIABILITIES 392,863 19,255 154,158 15,499 21,516 30,663 18,634 46,492 14,802 8,515 15,638 14,091 33,601 CAPITAL ACCOUNTS Capital paid in 3,440 125 985 115 225 234 321 396 75 93 129 244 498 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 375 20 138 14 24 30 15 42 12 9 13 12 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 400,079 19,522 156,250 15,742 21,989 31,155 19,290 47,321 14,963 8,707 15,908 14,592 34,640 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 412,828 20,015 161,889 14,535 22,221 32,987 20,024 46,968 16,278 8,243 15,609 15,821 38,239 Less--Held by F.R. Banks 67,194 3,392 2200,,551100 11,,881177 22,,998833 55,,669988 55,,445500 55,,449988 22,,770000 11,,113322 11,,770099 44,,110000 12,205 F.R. notes, net 345,634 16,623 114411,,337799 1122,,771188 1199,,223388 2277,,229900 1144,,557733 4411,,447700 1133,,557788 77,,111100 1133,,990000 1111,,772211 26,034 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 326,563 Total collateral 345,634 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