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 ''•f^LRe^V 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 June 2, 1994 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 1, 1994 May 25, 1994 Jun 2, 1993 Jun 1, 1994 Reserve Bank credit1 2 383,995 + 1,429 + 36,490 387,795 U.S. government securities Bought outright--system account 343,723 - 424 + 38,716 344,960 Held under repurchase agreements 2,905 + 1,189 - 2,568 4,405 Federal agency obligations Bought outright 3,977 - 39 - 1,077 3,977 Held under repurchase agreements 836 - 106 + 802 1,300 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 57 + 27 + 30 40 Seasonal credit 172 + 24 + 75 178 Extended credit 0 0 0 0 Float 524 • 500 • 467 1,016 Other F.R. assets 31,802 + 259 + 45 31,918 Gold stock 11,053 0 - 1 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,414 + 14 + 740 22,414 Total factors supplying reserve funds 425,480 _ 1,443 _ 37,229 429,279 Currency in circulation* 377,163 + 3,147 + 35,985 378,814 Treasury cash holdings* 361 - 13 - 128 358 Deposits, other than res&rye balances, with F.R. Banks Treasury 4,683 - 603 - 1,300 3,126 Foreign 166 - 49 - 166 177 Service-related balances and adjustments3 5,981 - 36 - 316 5,981 Other 292 • 10 - 13 295 Other F.R. liabilities and capital 10,566 + 78 + 1,531 10,506 Total factors, other than reserye balances, absorbing reserve funds 399,212 + 2,534 + 35,393 399,256 Reserve balances with F.R. Banks* 26,268 - 1,091 + 1,835 30,023 On June 1, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 373,415 million, a change of + $ 8,124 million for the week. 1 Net of $ 7,584 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,584 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 6,703 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,703 million was with foreign official and international accounts. Includes $ 205 million securities Ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,834 million and adjustments of $ 147 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 Wednesday Wednesday Wednesday Jun 1, 1994 May 25, 1994 Jun 2, 1993 ASSETS Gold certificate account 11,052 0 1 Special drawing rights certificate account 8,018 0 0 Coin 352 29 72 Loans 218 18 100 Acceptances 0 0 0 Federal agency obligations Bought outright 3,977 0 1,077 Held under repurchase agreements1 1,300 575 1,160 U.S. government securities Bought outright~-Bills 165,893 2,088 21,361 Notes 138,686 150 14,816 Bonds 40,381 0 2,905 Total bought outright2 344,960 1,938 39,082 Held under repurchase agreements1 4,405 4,030 1,758 Total U.S. government securities 349,365 2,092 37,324 Total loans and securities 354,861 2,685 37,507 Items in process of collection (724) 8,890 4,134 306 Bank premises 1,058 1 19 Other assets3 30,901 351 197 TOTAL ASSETS (724) 415,131 7,142 37,344 LIABILITIES Federal Reserve notes 357,110 3,074 35,453 Deposits Depository institutions 36,049 3,053 4,669 U.S. Treasury--general account 3,126 2,468 3,625 Foreign--official accounts 177 45 274 Other 295 2 12 Total deposits 39,, 646 538 + 758 Deferred availability cash items (724) 7,r 869 3,314 - 328 Other liabilities and accrued dividends4 3,, 084 160 + 869 TOTAL LIABILITIES (724) 407,709 7,086 36,751 CAPITAL ACCOUNTS Capital paid in 3,518 217 Surplus 3,401 0 348 Other capital accounts 503 55 28 * 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 $ 1,722 million was outstanding at the end of the latest statement week. 2 Net of $ 6,703 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 205 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 $ 88 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, JUNE 1, 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 84 0 WWiitthhiinn 1155 ddaayyss 2200,,551100 349 1,325 + 359 16 days to 90 days 134 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,003333 + 4,444 386 • 33 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110033,,770088 1,703 1,132 + 183 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8833,,772255 301 1,833 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226644 0 577 0 OOvveerr 1100 yyeeaarrss 3333,,112255 0 25 0 Total 218 0 TToottaall 334499,,336655 + 2,092 5,277 + 575 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 JUNE 1, 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 11,052 553 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 352 23 20 16 12 61 44 26 16 18 25 34 56 Loans 218 5 0 7 0 3 12 18 50 84 25 1 15 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 88 171 150 375 Held under repurchase agreements1 1,300 0 1,300 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 165,893 8,684 61,299 6,488 10,457 13,261 7,415 19,004 6,598 3,653 7,116 6,274 15,643 Notes 138,686 7,260 51,246 5,424 8,742 11,086 6,199 15,887 5,516 3,054 5,949 5,245 13,078 Bonds 40,381 2,114 14,921 1,579 2,545 3,228 1,805 4,626 1,606 889 1,732 1,527 3,808 Total bought outright2 344,960 18,058 127,466 13,491 21,745 27,574 15,419 39,517 13,719 7,597 14,798 13,046 32,529 Held under repurchase agreements1 4,405 0 4,405 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 349,365 18,058 131,871 13,491 21,745 27,574 15,419 39,517 13,719 7,597 14,798 13,046 32,529 Total loans and securities 354,861 18,272 134,641 13,654 21,996 27,895 15,609 39,991 13,927 7,769 14,993 13,198 32,919 Items in process of collection 9,613 541 1,068 661 523 870 1,082 891 364 632 778 653 1,552 Bank premises 1,058 91 139 46 40 137 62 113 30 39 50 158 152 Other assets3 30,901 1,206 9,812 1,077 1,922 2,336 2,486 3,504 774 763 1,150 1,917 3,953 Interdistrict settlement account 0 +859 +9,175 -244 -2,545 -599 -706 +4,047 -640 -801 -1,448 -2,865 -4,233 TOTAL ASSETS 415,854 22,055 161,797 15,906 23,164 32,255 19,437 50,824 15,068 8,835 16,183 13,926 36,405 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 $ 1,722 million was outstanding at the end of the latest statement week. 2 Net of $ 6,703 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 205 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 $ 88 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 JUNE 1, 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 357,110 19,139 145,280 13,040 20,129 27,026 14,365 44,884 13,290 6,977 13,744 11,083 28,153 Deposits Depository institutions 36,049 1,964 9,024 1,859 2,000 3,657 3,226 3,799 1,149 947 1,324 1,694 5,406 U.S. Treasury--general account 3,126 0 3,126 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 177 5 76 5 9 9 13 16 3 4 5 10 21 Other 295 0 122 1 1 68 2 88 0 3 3 2 4 Total deposits 39,646 1,969 12,348" 1,865 2,010 3,734 3,240 3,903 1,152 954 1,332 1,706 5,431 Deferred credit items | 8,592 504 986 565 352 707 984 840 338 631 686 516 1,484 Other liabilities and accrued dividends1 3,084 162 1,125 135 178 232 165 337 123 76 147 123 281 TOTAL LIABILITIES 408,433 21,774 159,739 15,605 22,669 31,699 18,755 49,964 14,903 8,638 15,910 13,428 35,349 CAPITAL ACCOUNTS Capital paid in 3,518 130 964 144 235 263 329 408 76 94 128 240 506 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 503 27 126 43 36 64 34 62 15 13 17 12 54 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 415,854 22,055 161,797 15,906 23,164 32,255 19,437 50,824 15,068 8,835 16,183 13,926 36,405 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 421,172 22,975 164,318 14,265 23,003 32,217 19,747 50,595 15,627 8,275 15,172 15,251 39,727 Less--Held by F.R. Banks 64,062 3,836 19,038 1,225 2,874 5,191 5,382 5,711 2,337 1,299 1,427 4,168 11,574 F.R. notes, net 357,110 19,139 145,280 13,040 20,129 27,026 14,365 44,884 13,290 6,977 13,744 11,083 28,153 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 338,040 Total collateral 357,110 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