H.4.1 Factors Affecting Reserve Balances of Depository Institutions

••qtcow-; 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 May 5, 1994 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuutt iioonnss aatt Week ended Change fro»i week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteennss May 4, 1994 Apr 27, 1994 1 Hay 5, 1993 j May 4, 1994 Reserve Bank credit1 2 383,017 • 951 • 38,875 385,777 U.S. government securities Bought outright--system account 344,217 • 656 • 38,788 346,650 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 4,047 - 29 - 1,048 4,047 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 90 • 23 • 74 46 Seasonal credit 93 • 19 • 26 105 Extended credit 0 0 - 1 0 Float 615 • 210 - 301 1,382 Other F.R. assets 33,955 • 74 • 1,337 33,547 Gold stock 11,052 0 - 2 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,358 14 __ 728 22,358 Total factors supplying reserve funds 424,445 965 39,602 427,205 Currency in circulation* 371,452 • 900 • 35,158 373,055 Treasury cash holdings* i 378 0 - 126 378 Deposits, other than reserve balances, with F.R. Banks Treasury 8,992 • 3,519 • 2,876 10,373 Foreign 170 ! - 44 - 104 164 Service-related balances and adjustments3 6,326 • 15 • 280 6,326 Other 322 1 • 13 4- 17 319 Other F.R. liabilities and capital 10,170 • 38 • 391 9,991 Total factors, other than reserve balances, absorbing reserwe funds 397,809 • 4,442 • 38,492 400,606 Reserve balances with F.R. Banks4 26,635 - 3,476 • 1,110 26,599 On May 4, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 370.716 million, a change of + $ 2,011 million for the week. 1 Net of $ 5,896 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,896 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,463 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,463 million was with foreign official and international accounts, tncludes $ 140 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,043 million and adjustments of $ 283 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 Hay 4, 1994 Apr 27, 1994 May 5, 1993 ASSETS Gold certificate account 11,052 0 2 Special drawing rights certificate account 8,018 0 0 Coin 411 3 77 Loans 151 7 • 75 Acceptances 0 0 0 Federal agency obligations Bought outright 4,047 0 1,048 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright--Bills 167,737 • 3,490 • 23,685 Notes 137,445 0 • 13,509 Bonds 4411,,446677 0 4,056 Total bought outright2 334466,,665500 • 3,490 41,251 Held under repurchase agreements1 0 0 0 Total U.S. government securities 346,650 • 3,490 • 41,251 Total loans and securities 350,848 • 3,482 + 40,278 Items in process of collection (744) 6,929 • 794 - 1,146 Bank premises 1,056 0 • 21 Other assets3 32,744 - 179 + 878 TOTAL ASSETS (744) 411,058 • 4,094 + 39,952 LIABILITIES Federal Reserve notes 351,487 • 1,481 • 34,962 Deposits Depository institutions 32,855 - 961 - 16 U.S. Treasury--general account 10,373 • 2,831 • 5,056 Foreign--official accounts 164 - 36 - 191 Other 319 + 11 • 15 Total deposits 43,711 + 1,845 • 4,863 Deferred availability cash items (744) 5,869 • 765 - 116 Other liabilities and accrued dividends** 2,707 • 2 • 551 TOTAL LIABILITIES (744) 403,774 • 4,093 + 40,260 CAPITAL ACCOUNTS Capital paid in 3,484 • 5 • 224 Surplus 3,401 0 • 348 Other capital accounts 399 - 4 - 879 * 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 $ 3,021 million was outstanding at the end of the latest statement week. 2 Net of $ 3,463 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 140 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. 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, MAY 4, 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 75 0 WWiitthhiinn 1155 ddaayyss 23,851 •• 66,,227755 2255 105 16 days to 90 days 75 0 1166 ddaayyss ttoo 9900 ddaayyss 80,294 •• 11,,220099 662244 • 96 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 98,809 44,,990022 996644 • 9 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 85,157 •• 990077 11,,883333 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 24,961 00 557777 0 OOvveerr 1100 yyeeaarrss 33,578 00 2255 0 Total 151 0 TToottaall 346,650 •• 33,,449900 44,,004477 0 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 MAY 4, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco ASSETS Gold certificate account 11,052 553 4,135 393 660 902 542 1,217 429 230 436 453 1,102 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 411 29 20 22 21 74 47 33 20 19 28 34 63 Loans 151 8 1 1 1 5 5 11 22 45 41 2 10 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,047 212 1,496 158 255 324 181 464 161 89 174 153 382 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 167,737 8,781 61,981 6,560 10,574 13,408 7,497 19,215 6,671 3,694 7,195 6,344 15,817 Notes 137,445 7,195 50,787 5,376 8,664 10,987 6,143 15,745 5,466 3,027 5,896 5,198 12,961 Bonds 41,467 2,171 15,322 1,622 2,614 3,315 1,853 4,750 1,649 913 1,779 1,568 3,910 Total bought outright2 346,650 18,147 128,091 13,558 21,852 27,709 15,494 39,711 13,786 7,634 14,870 13,110 32,688 Held under repurchase agreements1 0_ 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 346,650 18,147 128,091 13,558 21,852 27,709 15,494 39,711 13,786 7,634 14,870 13,110 32,688 Total loans and securities 350,848 18,366 129,587 13,716 22,108 28,038 15,681 40,185 13,969 7,768 15,084 13,265 33,080 Items in process of collection 7,673 378 875 546 317 514 965 669 215 491 435 524 1,742 Bank premises 1,056 91 139 46 39 138 62 113 30 39 50 158 152 Other assets3 32,744 1,307 10,330 1,125 2,062 2,489 2,597 3,753 847 813 1,238 2,014 4,169 Interdistrict settlement account 0 • 765 •16,081 -420 -4,793 -1,536 -1,019 •3,348 -658 -811 -1,770 -2,771 -6,416 TOTAL ASSETS 411,802 22,000 163,976 15,732 20,970 31,271 19,191 50,354 15,021 8,735 15,701 14,055 34,796 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 $ 3,021 million was outstanding at the end of the latest statement week. 2 Net of $ 3,463 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 140 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

H4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MAY 4, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 351,487 18,938 143,733 12,868 18,295 27,166 14,064 44,486 13,414 6,979 13,694 11,115 26,737 Deposits Depository institutions 32,855 2,249 5,969 1,961 1,758 2,784 3,466 3,974 1,115 1,006 1,175 1,857 5,540 U.S. Treasury--general account 10,373 0 10,373 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 164 5 63 5 9 9 13 16 3 4 5 10 21 Other 319 0 124 1 1 80 2 101 0 4 3 1 1 Total deposits 43,711 2,255 16,530 1,967 1,768 2,874 3,481 4,092 1,119 1,013 1,184 1,868 5,562 Deferred credit items 6,613 391 780 468 250 513 826 630 211 477 413 454 1,200 Other liabilities and accrued dividends1 2,707 151 879 126 170 212 156 311 115 72 139 115 261 TOTAL LIABILITIES 404,518 21,734 161,922 15,430 20,483 30,765 18,527 49,518 14,859 8,541 15,429 13,552 33,759 CAPITAL ACCOUNTS Capital paid in 3,484 125 972 144 235 243 323 399 75 94 128 245 500 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 399 18 113 44 29 35 21 47 13^ 10. 15 12 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 411,802 22,000 163,976 15,732 20,970 31,271 19,191 50,354 15,021 8,735 15,701 14,055 34,796 FE~DERAL RESERVE AGENTIT^CCOUNTS F.R. notes outstanding 419,474 22,838 164,829 14,176 21,308 32,592 19,974 50,294 15,642 8,207 15,257 15,373 38,785 Less--Held by F.R. Banks 67,987 3,900 21,097 1,307 3,013 5,426 5,910 5,808 2,429 1,228 1,563 4,258 12,048 F.R. notes, net 351,487 18,938 143,733 12,868 18,295 27,166 14,064 44,486 13,414 6,979 13,694 11,115 26,737 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 332,417 Total collateral 351,487 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