H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday, The exact tim#:6t%arcfrTetease wfti tie 2d the information is available, on (202) 452-3206. **l Rt' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 14, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended J Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 13, 1994 Apr 6, 1994 Apr 14, 1993 Apr 13, 1994 Reser.ve Bank credit1 2 380,899 - 1,534 + 35,963 378,073 U.S. government securiij.es Bought outright--system account 338,384 • 335 + 38,259 338,513 Held under repurchase agreements 3,975 - 950 - 2,768 374 Federal agency obligations Bought outright 4,145 - 39 - 967 4,102 Held under repurchase agreements 131 - 41 + 58 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 54 - 61 + 48 187 Seasonal credit 42 + 4 + 10 43 Extended credit 0 0 0 0 Float 480 - 967 - 842 1,342 Other F.R. assets 33,638 + 185 + 2,164 33,512 Gold stock 11,052 0 - 2 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,300 + 14 + 702 22,300 Total factors supplying reserve funds 422,269 - 1,520 + 36,663 419,443 Currency in circulation* 371,269 • 1,615 • 35,301 372,059 Treasury cash holdings* 376 4- 5 - 139 378 Deposits, other than reserve balances, with F.R. Banks Treasury 3,965 - 2,109 - 1,383 3,904 Foreign 209 - 95 - 21 209 Service-related balances and adjustments3 6,233 - 3 - 300 6,232 Other 303 - 30 - 9 274 Other F.R. liabilities and capital 10,740 • 86 + 1,579 9,955 Total factors, other than reserve balances, absorbing res&r\/e funds 393,094 - 530 • 35,028 393,012 Reserve balances with F.R. Banks4 29,175 " 990 • 1,635 26,431 On April 13. 1994. marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 366,814 million, a change of - $ 2,892 million for the week. 1 Net of $ 6,363 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of S 6.363 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,333 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,333 million was with foreign official and international accounts. Includes S 50 million securities loaned-fully secured U S. government securities 3 Consists of required clearing balances of S 6,094 million and adjustments of $ 138 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 13, 1994 Apr 6, 1994 Apr 14, 1993 ASSETS Gold certificate account 11,052 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 417 - 7 - 85 Loans 230 • 178 • 185 Acceptances 0 0 0 Federal agency obligations Bought outright 4,102 - 75 - 993 Held under repurchase agreements1 0 - 200 - 57 U.S. government securities Bought outright--Bills 164,200 - 1,541 • 18,081 Notes 133,858 0 • 13,647 Bonds 40,455 0 • 4,309 Total bought outright2 338,513 - 1,541 + 36,037 Held under repurchase agreements1 374 - 4,049 - 8,152 Total U.S. government securities 338,887 - 5,590 • 27,885 Total loans and securities 343,219 - 5,687 • 27,020 Items in process of collection (1,132) 6,941 • 263 • 767 Bank premises 1,058 + 3 • 25 Other assets3 32,432 - 128 + 1,582 TOTAL ASSETS (1,132) 403,136 - 5,556 • 29,308 LIABILITIES Federal Reserve notes 350,554 + 686 • 34,596 Deposits Depository institutions 32,958 - 4,926 - 4,773 U.S. Treasury--general account 3,904 - 404 - 889 Foreign--official accounts 209 0 - 380 Other (2) 274 - 44 - 78 Total deposits (2) 37,346 - 5,374 - 6,120 Deferred availability cash items (1,129) 5,281 - 288 - 25 Other liabilities and accrued dividends4 2,705 + 46 + 403 TOTAL LIABILITIES (1,132) 395,885 - 4,930 • 28,855 CAPITAL ACCOUNTS Capital paid in 3,456 • 12 + 206 Surplus 3,401 0 • 348 Other capital accounts 393 - 637 - 100 * Figures in parentheses are the eliminations made in the consolidation process. 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 $ 6,333 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 13, 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 196 0 WWiitthhiinn 1155 ddaayyss 1133,,779955 88,,993322 5555 264 16 days to 90 days 34 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,447799 335544 663388 46 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110033,,228855 ++ 33,,669966 995555 5 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8811,,009933 00 11,,885533 60 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,555533 00 447777 0 OOvveerr 1100 yyeeaarrss 3322,,668822 00 112255 • 100 Total 230 0 TToottaall 333388,,888877 55,,559900 44,,110022 275 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 13, 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 11,052 660 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 417 27 21 22 20 76 49 30 24 19 29 35 65 Loans 230 5 0 0 0 2 0 26 11 20 161 0 5 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations > Bought outright 4,102 242 1,417 155 276 320 167 477 145 94 156 176 479 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 164,200 9,689 56,703 6,223 11,030 12,808 6,680 19,082 5,798 3,759 6,228 7,032 19,169 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 1133,,997700 11,,553333 22,,771188 33,,115566 11,,664466 44,,770011 11,,442288 992266 11,,553344 11,,773333 4,723 Total bought outright2 338,513 19,975 111166,,889988 1122,,882299 2222,,773399 2266,,440044 1133,,777711 3399,,334400 1111,,995522 77,,774499 1122,,883399 1144,,449977 39,520 Held under repurchase agreements1 374 0 374 0 000 000 000 000 000 000 000 000 0 Total U.S. govt, securities 338,887 19,975 111177,,227722 1122,,882299 222222,,,777333999 222666,,,444000444 111333,,,777777111 333999,,,333444000 111111,,,999555222 777,,,777444999 111222,,,888333999 111444,,,444999777 39,520 Total loans and securities 343,219 20,222 111188,,668899"" 1122,,998844 222333,,,000111555 222666,,,777222777 111333,,,999333888 333999,,,888444222 111222,,,111000888 777,,,888666222 111333,,,111555555 111444,,,666777333 40,003 Items in process of collection 8,072 336 1,039 985 290 489 894 797 235 474 462 560 1,510 Bank premises 1,058 91 139 47 39 138 62 113 31 39 50 158 152 Other assets3 32,432 1,335 9,993 1,101 2,072 2,448 2,567 3,718 816 814 1,186 2,055 4,325 Interdistrict settlement account 0 -2,847 ••••••2200,,114400 ++ 113322 --55,,442299 --117744 •• 773399 ++22,,888833 ++11,,552255 --992255 ++550011 --33,,228833 -13,263 TOTAL ASSETS 404,268 20,336 115566,,558811 1155,,997744 2211,,226644"" 3311,,225555 1199,,007766 4499,,660066 1155,,229988 88,,771133 1155,,999922 1155,,008855 35,088 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 $ 6,333 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 13, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES "T Federal Reserve notes 350,554 18,140 142,925 12,940 18,728 27,324 14,111 44,318 13,514 7,140 13,790 11,300 26,324 Deposits Depository institutions 32,958 1,441 5,955 1,771 1,614 2,728 3,424 3,476 1,306 863 1,405 2,739 6,237 U.S. Treasury--general account 3,904 0 3,904 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 209 5 109 5 9 9 13 16 3 4 5 10 21 Other 2/7_ 2_ 115_ 1_ o 59_ 1 85 0 3 4_ 2 3 Total deposits 37,348 T,448 10,082 1,777 ~~~l7625~ 2,797 3,438 3,577 1,309 870 1,414 2,751 6,260 Deferred credit items 6,411 317 674 862 264 423 722 564 207 437 387 402 1,152 Other liabilities and accrued dividends1 2,705 160 _ 827_ 125 175 210 149 _ 311 108_ 74 130 124 311 TOTAL LIABILITIES 3 97,017" 20 7uo5_ 154 7508 15 7/04" 20,791" 30,75V 18,420" 48,770 15,137 8,520 15,721 14,578 34,047 CAPITAL ACCOUNTS Capital paid in 3,456 125 957 143 225 242 323 399 75 93 130 245 499 Surplus 3,401 123 969 114 224 228 32 0 390 74 91 128 246 495 Other capital accounts 393 147 13 24 31 12 47 12 9 14 15 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 404,268 20,33b 156,581 15,974 21,2b4 31,255 19,076 49,606 15,298 8,713 15,992 15,085 35,088 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 416,838 21,799 163,229 14,313 21,692 32,820 19,832 49,791 15,986 8,220 15,404 15,460 38,292 Less--Held by F.R. Banks t>6,284 3,659 20,304 1^373 2^964 5,496 5,721_ 5,473 2,472 1, 080 1,614 4,159 11,968 F.R. notes, net 3557554 18,14 0 142,925" 12,94 0 18,728 27,324 14,111 44,318 13,514 7,140 13,790 11,300 26,324 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 331,483 Total collateral 350,554 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