H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE "•" -*" '' I .11 . ,.—I.. L. • IJ.II ^^,,,1.1. ,.-,,.., II .,!.,. .,,., .,|l,«—». . Ill- I... II...I , . «S-»-,»«~»—- 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 26, 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 May 25, 1994 May 18, 1994 May '2 6, 1993 May 25, 1994 Reserve Bank credit1 2 382,516 + 249 + 33,650 383,834 U.S. government securities Bought outright--system account 344,147 + 729 + 38,200 346,899 Held under repurchase agreements 1,716 + 267 - 3,970 375 Federal agency obligations Bought outright 4,016 - 6 - 1,068 3,977 Held under repurchase agreements 942 + 806 + 552 725 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 30 - 91 + 10 35 Seasonal credit 148 + 15 + 55 165 Extended credit 0 0 0 0 Float 17 - 425 - 144 37 Other F.R. assets 31,500 - 1,045 + 15 31,622 Gold stock 11,052 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,400 + 14 + 737 22,400 Total factors supplying reserve funds 423,986 _ 263 _ 34,385 425,304 Currency in circulation* 374,016 - 16 • 35,422 375,694 Treasury cash holdings* 373 - 2 - 115 361 Deposits, other than res&rve balances, with F.R. Banks Treasury 5,287 - 711 - 823 5,594 Foreign 215 + 10 + 19 222 Service-related balances and adjustments3 6,017 - 44 - 307 6,017 Other 282 - 36 - 30 297 Other F.R. liabilities and capital 10,489 + 49 + 1,222 10,291 Total factors, other than reserve balances, absorbing reserve funds 396,678 - 750 + 35,388 398,475 Reserve balances with F.R. Banks4 27,308 + 1,013 - 1,003 26,829 On May 25, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 365,291 million, a change of + $ 1,306 million for the week. 1 Net of $ 6,152 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,152 miiiion was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,569 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,569 million was with foreign official and international accounts. Includes $ 475 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,917 million and adjustments of $ 100 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 25, 1994 Hay 18, 1994 Hay 26, 1993 ASSETS Qold certificate account 11,053 0 - 1 Special drawing rights certificate account 8,018 0 0 Coin 380 •- 17 - 72 Loans 200 + 12 + 88 Acceptances 0 0 0 Federal agency obligations Bought outright 3,977 - 45 - 1,077 Held under repurchase agreements1 725 - 230 - 395 U.S. government securities Bought outright--Bills 167,981 + 4,382 + 23,180 Notes 138,536 + 5 + 14,666 Bonds 40,381 0 + 2,905 Total bought outright2 346,899 + 4,387 + 40,750 Held under repurchase agreements1 375 - 1,641 - 11,555 Total U.S. government securities 347,274 + 2,746 + 29,195 Total loans and securities 352,176 • 2,483 + 27,811 - - Items in process of collection (528) 4,756 816 183 Bank premises 1,057 0 + 19 Other assets3 30,550 + 252 - 508 TOTAL ASSETS (528) 407,989 •f 1,903 + 27,067 LIABILITIES Federal Reserve notes 354,036 + 1,069 + 35,245 Deposits Depository institutions 32,995 + 841 - 9,348 U.S. Treasury--general account 5,594 • 463 + 225 Foreign--official accounts 222 + 44 - 24 Other (-3) 297 - 18 - 14 Total deposits (-3) 39,108 + 1,330 - 9,162 Deferred availability cash items (531) 4,554 - 492 - 168 Other liabilities and accrued dividends4 2,924 - 22 + 685 TOTAL LIABILITIES (528) 400,623 + 1,884 + 26,601 CAPITAL ACCOUNTS Capital paid in 3,517 ¥ 1 + 217 Surplus 3,401 0 + 348 Other capital accounts 448 + 17 - 98 * 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 $ 3,344 million was outstanding at the end of the latest statement week. 2 Net of $ 3,569 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 475 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 $ 110 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 25, 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 176 0 WWiitthhiinn 1155 ddaayyss 20,859 •• 22,,001144 996666 275 16 days to 90 days 24 0 1166 ddaayyss ttoo 9900 ddaayyss 78,589 ++ 225555 335533 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 105,410 ++ 447711 994499 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 84,026 ++ 55 11,,883333 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 25,264 00 557777 0 OOvveerr 1100 yyeeaarrss 33,125 00 2255 0 Total 200 0 TToottaall 347,274 ++ 22,,774466 44,,770022 275 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

t;.4 i {bj M'ATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MAY 25, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis ] \\..'' ****??aass Dallas San Francisco ASSETS Gold certificate account 11,053 553 4,136 393 660 902 542 1,217 429 2hd ''**3366 453 i ,182 Special drawing rights certif. acct 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 9m Coin 380 26 21 18 17 66 47 29 18 19 25 36 6© Loans 2Q0 3 11 6 0 10 12 14 38 72 26 1 ? Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,977 208 1,470 156 251 318 178 456 158 aa 171 150 375 Held under repurchase agreements1 725 0 725 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 167,981 8,794 62,071 6,570 10,589 13,427 7,508 19,243 6,681 3,699 7,206 6,353 I? *8't«© Notes 138,536 7,252 51,190 5,418 8,733 11,074 6,192 15,870 5,510 3,051 £,943 5,239 1^ :<*% Bonds 40,381 2,114 14,921 1,579 2,545 3,228 1,805 4,626 1,606 889 1,732 1,527 ,£C£ Total bought outright2 346,899 18,160 128,182 13,567 21,867 27,729 15,505 39,740 13,796 7,640 14,881 13,120 ""33??.."" /} 1 Bald under repurchase agreements1. 375 0 375 0 0 0 0 0 0 0 0 0 *f Total U.S. govt, securities 347,274 18,160 128,557 13,567 21,867 27,729 15,505 39,740 13,796 7,6^0 14,661 13,120 ???...::: 1 Total loans and securities 352,176 18,371 130,763 13,729 22,118 28,057 15,695 40,210 13,993 7,799 15,077 13,271 asr items in process of collection 5,284 325 590 369 231 369 574 588 197 413 374 311 **'jh Bank premises 1,057 91 139 46 39 138 62 113 30 39 50 158 , ... Other assets3 30,550 1,194 9,608 1,043 1,915 2,322 2,458 3,500 781 759 1,144 1,904 -r-: Interdistrict settlement account 0 +469 +12,661 -241 -3,168 -1,319 -1,315 +3,050 -600 -921 -1,275 -2,456 TOTAL ASSETS 408,517 21,540 160,724 15,660 22,368 31,186 18,381 49,743 15,015 8,525 16,030 14,054 • Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and »nte* national accounts, of which $ 3,344 million was outstanding at the end of the latest statement week. / *tet cf % 3,569 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 475 million -i ;Ui(7.i ioaned-fully secured by U.S. government securities. H • ki-ias assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of % 110 million in Treasury bills maturing within 90 days. v•ii.:..->nems 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 MAY 25, 1994 Millions of dollars 1 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 354,036 18,919 144,541 12,842 19,565 26,785 14,144 44,417 13,305 6,980 13,662 11,050 27,824 Deposits Depository institutions 32,995 1,853 6,713 2,086 1,913 3,200 2,802 3,479 1,244 863 1,597 2,044 5,202 U.S. Treasury—general account 5,594 0 5,594 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 222 5 121 5 9 9 13 16 3 4 5 10 21 Other 294 1 128 1 2 44 1 111 0 4 0 2 1 Total deposits 39,105 1,859 12,555 2,091 1,924 3,253 2,816 3,606 1,248 871 1,602 2,056 5,224 Deferred credit itens 5,086 327 588 292 207 357 582 541 176 402 346 331 935 Other liabilities and accrued dividends1 2,924 158 973 133 179 233 169 327 124 77 147 123 282 TOTAL LIABILITIES 401,151 21,263 158,658 15,358 21,875 30,628 17,712 48,891 14,852 8,329 15,758 13,561 34,265 CAPITAL ACCOUNTS Capital paid in 3,517 130 964 144 235 263 329 407 75 94 129 240 506 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 448 24 134 44 34 66 21 55 14 10 15 7 25 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 408,517 21,540 160,724 15,660 22,368 31,186 18,381 49,743 15,015 8,525 16,030 14,054 35,291 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 420,919 22,942 164,376 14,109 22,579 32,322 19,925 50,455 15,676 8,252 15,196 15,311 39,774 Less--Held by F.R. Banks 66,883 4,023 19,834 1,267 3,014 5,537 5,781 6,037 2,371 1,272 11,,553344 44,,226611 11,950 F.R. notes, net 354,036 18,919 144,541 12,842 19,565 26,785 14,144 44,417 13,305 6,980 1133,,666622 1111,,005500 27,824 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 334,965 Total collateral 354,036 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