H.4.1 Factors Affecting Reserve Balances of Depository Institutions

:o2^g%.. 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 April 7, 1994 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 6, 1994 "RaF 30, 1994 Apr 7, 1993~~ Apr 6, 1994 Reserve Bank credit1 2 382,431 6,549 + 41,384 383,516 U.S. government securities Bought outright--system account 338,049 + 784 + 36,547 340,054 Held under repurchase agreements 4,924 + 3,779 + 2,098 4,423 Federal agency obligations Bought outright 4,184 - 44 - 939 4,177 Held under repurchase agreements 171 - 1 * 135 200 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 115 + 66 + 106 12 Seasonal credit 38 + 1 + 9 39 Extended credit 0 0 0 0 Float 1,445 1,168 + 941 990 •*. Other F.R. assets 33,503 + 798 + 2,486 33,620 Gold stock 11,052 0 - 2 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,286 + 14 • 698 22,286 Total factors supplying reserve funds 423,787 __ 6,563 " + 42,081 424,873 Currency in circulation* 369,654 + 2,128 + 35,870 371,354 Treasury cash holdings* 371 - 3 - 144 375 Deposits, other than reserve balances, with F.R. Banks Treasury 6,073 + 1,226 + 351 4,308 Foreign 304 + 120 + 37 209 Service-related balances and adjustments3 6,235 - 102 - 209 6,235 Other 333 + 19 + 8 318 Other F.R. liabilities and capital 10,654 • 684 + 1,687 10,535 Total factors, other than reserve balances, absorbing reserve funds 393,625 + 4,072 + 37,599 393,335 Reserve balances with F.R. Banks* 30,163 + 2,491 • 4,482 31,538 On April 6, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 369,706 million, a change of + $ 4,333 million for the week. 1 Net of $ 6,418 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,418 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,557 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,557 million was with foreign official and international accounts. Includes $ 70 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,094 million and adjustments of $ 141 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 Apr 6, 1994 Mar 30, 1994 Apr 7, 1993 ASSETS Gold certificate account 11,052 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 424 6 77 Loans 52 23 + 16 Acceptances 0 1 0 0 Federal agency obligations Bought outright 4,177 - 50 - 946 Held under repurchase agreements1 200 - 310 + 150 U.S. government securities Bought outright--Bills 165,740 + 2,434 + 21,714 Notes 133,858 0 + 13,647 Bonds 40,455 0 + 4,309 Total bought outright2 340,054 • 2,434 + 39,671 Held under repurchase agreements1 4,423 - 211 - 876 Total U.S. government securities 344,477 + 2,223 • 38,795 Total loans and securities 348,905 • 1,840 + 38,014 Items in process of collection (715) 6,678 + 1,475 + 837 Bank premises 1,054 0 + 23 Other assets3 32,560 + 637 + 2,298 TOTAL ASSETS (715) 408,692 + 3,946 + 41,093 LIABILITIES Federal Reserve notes 349,867 + 2,170 + 35,460 Deposits Depository institutions 37,884 + 1,556 • 5,603 U.S. Treasury--general account 4,308 - 1,254 - 1,820 Foreign--official accounts 209 + 11 + 43 Other 318 + 19 + 15 Total deposits 42,720 + 331 + 3,841 Deferred availability cash items 1 (715) 5,570 + 744 + 155 Other liabilities and accrued dividends4 2,659 + 34 + 444 TOTAL LIABILITIES (715) 400,816 + 3,279 + 39,900 CAPITAL ACCOUNTS Capital paid in 3,445 0 + 241 Surplus 3,401 0 + 348 Other capital accounts 1,030 + 667 + 605 * 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 $ 2,072 million was outstanding at the end of the latest statement week. 2 Net of $ 4,557 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 70 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 $ 84 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, APRIL 6, 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 26 0 WWiitthhiinn 1155 ddaayyss 2222,,772277 829 319 616 16 days to 90 days 25 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,883333 + 6,494 684 • 156 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9999,,558888 5,101 960 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8811,,009933 + 1,658 1,913 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,555533 0 477 0 OOvveerr 1100 yyeeaarrss 3322,,668822 0 25 0 Total 52 0 TToottaall 334444,,447777 + 2,223 4,377 460 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 APRIL 6, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St, Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,052 660 3,752 399 701 899 509 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 424 27 20 24 22 78 50 31 24 19 28 38 64 Loans 52 3 1 3 0 4 1 2 10 13 12 2 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,177 246 1,442 158 281 326 170 485 147 96 158 179 488 Held under repurchase agreements1 200 0 200 0 0 0 0 0 0 0 0 0 0 U.S. government secur it ies Bought outright--Bills 165,740 9,780 57,235 6,281 11,133 12,928 6,743 19,261 5,852 3,794 6,286 7,098 19,349 Notes 133,858 7,899 46,225 5,073 8,992 10,441 5,446 15,556 4,726 3,064 5,077 5,733 15,627 Bonds 40,455 2,387 13,970 1,533 2,718 3,156 1,646 4,701 1,428 926 11,,553344 11,,773333 4,723 Total bought outright2 340,054 20,066 117,430 12,887 22,843 26,525 13,834 39,519 12,007 7,784 1122,,889977 1144,,556633 39,699 Held under repurchase agreements1 4,423 0 4,423 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 344,477 20,066 121,853 12,887 22,843 26,525 13,834 39,519 12,007 7,784 12,897 14,563 39,699 Total loans and securities 348,905 20,315 123,496 13,048 23,123 26,855 14,005~ 40,006 12,164 7,892 13,067 14,744 40,190 Items in process of collection 7,393 376 1,033 545 239 796 868 645 232 432 487 528 1,210 Bank premises 1,054 91 139 47 39 138 61 113 31 36 50 158 152 Other assets3 32,560 1,326 10,157 1,095 2,063 2,440 2,569 3,763 793 811 1,180 2,050 4,312 Interdistrict settlement account 0 -2,716 +14,476 + 232 -4,515 +88 +2,262 +3,579 +1,517 -673 +581 -3,599 -11,233 TOTAL ASSETS 409,407 20,590 155,881 15,694 22,228 31,947 20,643 50,359 15,321 8,946 16,003 14,805 36,991 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 $ 2,072 million was outstanding at the end of the latest statement week. 2 Net of $ 4,557 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 70 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 $ 84 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 APRIL 6, 1994 Millions of dollars „. .j, Kansas San Total Boston New York Philadelphia Cleveland Richmond I Atlanta Chicago St. Louis Minneapolis Dallas City Francisco i LIABILITIES Federal Reserve notes 349,867 17,627 141,965 12,927 18,805 27,459 14,547 44,218 13,597 7,151 13,808 11,379 26,383 Deposits Depository institutions 37,884 2,150 5,542 1,940 2,458 3,111 4,457 4,254 1,247 1,074 1,345 2,328 7,979 U.S. Treasury--general account 4,308 0 4,308 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 209 5 108 5 9 9 13 16 3 4 5 10 21 Other 318 0 115 0 1 104 2 SS 0 3 3 2 1 Total deposits 42,720 2,155 10,074 1,945 2,468 3,225 4,473 4,355 1,250 1,081 1,353 2,340 8,001 Deferred credit items 6,285 359 709 441 273 531 761 581 198 434 421 414 1,163 Other liabilities and accrued dividends1 2,659 155 864 119 164 196 140 296 102 70 123 118 312 TOTAL LIABILITIES 401,531 20,296 153,612 15,432 21,710 31,411 19,920 49,450 15,147 8,736 15,706 14,252 35,858 CAPITAL ACCOUNTS Capital paid in 3,445 125 985 116 22b 234 322 397 75 93 129 245 499 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 1,030 46 315 33 69 73 81 122 25 27 39 62 139 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 409,407 20,590 155,881 15,694 22,228 31,947 20,643 50,359 15,321 8,946 16,003 14,805 36,991 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 415,238 21,176 162,002 14,382 21,762 32,825 20,044 49,566 16,037 8,188 15,431 15,539 38,286 Less--Held by F.R. Banks 65,370 3,549 20,036 1,455 2,956 5,366 5,497 5,348 2,440 1,036 1,623 4,159 11,904 F.R. notes, net 349,867 17,627 141,965 12,927 18,805~ 27,459 14,547 44,218 13,597 7,151 13,808 11,379 26,383 Collateral held against F.R. notes Gold certificate account 11,052 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 330,797 Total collateral 349,867 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