H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.VRSSS&V 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 June 9, 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 Jun 8, 1994 Jun 1, 1994 1 Jun 9, 1993 Jun 8, 1994 Reserve Bank credit1 2 386,649 + 2,653 [ • 34,935 386,038 U.S. government securities Bought outright--system account 350,047 + 6,324 • 38,880 ! 349,019 Held under repurchase agreements 0 - 2,905 3,401 0 Rederal agency obligations Bought outright 3,977 0 1/077 3,977 Held under repurchase agreements 0 - 836 152 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 27 - 30 • 20 19 Seasonal credit 180 + 8 • 75 178 Extended credit 0 0 0 0 Float 563 + 39 + 141 858 Other F.R. assets 31,854 + 52 1 • 449 31,986 Gold stock 11,052 0 1 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,428 _ 14 • 744 22,428 Total factors supplying resarwe funds 428,147 2,666 • 35,679 427,536 Currency in circulation* 378,323 + 1,160 + 35,523 379,137 Treasury cash holdings* 358 - 3 123 358 Deposits, other than reserve balances, with F.R. Banks Treasury 4,993 + 310 + 525 5,229 Foreign 184 + 18 2 163 Service-related balances and adjustments3 5,883 - 98 354 5,882 Other 300 • 8 + 22 345 Other F.R. liabilities and capital 10,791 • 224 + 1,422 10,586 Total factors, other than reserve balances, absorbing reserve funds 400,831 + 1,619 + 37,012 401,701 Reserve balances with F.R. Banks4 27,316 + 1,047 1,334 25,835 L On June 8, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 374,763 million, a change of + $ 1,348 million for the week. 1 Net of $ 5,368 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,366 million was with foreign official and international accounts. Includes securities loaned—fully secured by us. government securities. 2 Net of $ 6,394 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,394 million was with foreign official and international accounts. Includes $ 170 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,834 million and adjustments of $ 49 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 Jun 8, 1994 Jun 1, 1994 Jun 9, 1993 ASSETS Gold certificate account 11,052 0 1 Special drawing rights certificate account 8,018 0 0 Coin 343 9 78 Loans 197 21 • 78 Acceptances 0 0 0 Federal agency obligations Bought outright 3,977 0 - 1,077 Held under repurchase agreements1 0 1,300 - 75 U.S. government securities Bought outright--Bills 169,951 • 4,059 • 19,304 Notes 138,686 0 • 14,816 Bonds 40,381 0 • 2,905 Total bought outright2 349,019 • 4,059 • 37,025 Held under repurchase agreements1 0 - 4,405 - 312 Total U.S. government securities 349,019 - 346 + 36,713 Total loans and securities 353,194 - 1,667 • 35,639 Items in process of collection (685) 6,178 - 2,711 • 415 Bank premises 1,058 • 1 • 19 Other assets3 30,918 + 17 + 590 TOTAL ASSETS (685) 410,762 - 4,369 • 36,584 LIABILITIES Federal Reserve notes 357,410 + 300 • 35,153 Deposits Depository institutions 31,905 - 4,144 + 73 U.S. Treasury--general account 5,229 • 2,103 - 9 Foreign--official accounts 163 - 14 - 40 Other 345 • 50 + 71 Total deposits 37,642 - 2,004 • 95 Deferred availability cash items (685) 5,123 - 2,746 • 44 Other liabilities and accrued dividends4 3,176 + 92 + 810 TOTAL LIABILITIES (685) 403,351 - 4,358 + 36,101 CAPITAL ACCOUNTS Capital paid in 3,522 + 4 • 232 Surplus 3,401 0 • 348 Other capital accounts 488 - 15 - 97 * 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 $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 6,394 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 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 $ 95 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 8, 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 61 0 WWiitthhiinn 1155 ddaayyss 1122,,441199 8,092 25 1,300 16 days to 90 days 137 0 1166 ddaayyss ttoo 9900 ddaayyss 8844,,888833 • 1,849 676 • 290 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,660044 + 5,896 842 290 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8833,,772255 0 1,833 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226644 0 577 0 OOvveerr 1100 yyeeaarrss 3333,,112255 0 25 0 Total 197 0 TToottaall 334499,,001199 346 3,977 1,300 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 8, 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 11,052 553 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 343 20 18 13 12 62 46 24 17 17 26 31 56 Loans 197 0 0 2 0 8 6 14 43 92 22 1 10 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 169,951 8,897 62,799 6,647 10,713 13,585 7,596 19,469 6,759 3,743 7,290 6,428 16,026 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 349,019 18,271 128,966 13,650 22,001 27,899 15,600 39,982 13,881 7,686 14,972 13,200 32,912 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 349,019 18,271 128,966 13,650 22,001 27,899 15,600 39,982 13,881 7,686 14,972 13,200 32,912 Total loans and securities 353,194 18,479 130,436 13,807 22,252 28,225 15,784 40,452 14,081 7,866 15,165 13,351 33,296 Items in process of collection 6,863 407 862 558 281 527 872 610 342 431 500 441 1,033 Bank premises 1,058 91 138 46 41 138 62 113 30 40 50 158 153 Other assets3 30,918 1,215 9,721 1,056 1,938 2,352 2,487 3,540 786 769 1,162 1,926 3,966 Interdistrict settlement account 0 •599 +11,824 + 293 -2,207 -1,697 -917 +2,778 -1,093 -884 -1,663 -2,749 -4,283 TOTAL ASSETS 411,446 21,875 159,942 16,470 23,533 31,160 19,194 49,769 14,760 8,655 15,875 13,988 36,227 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 $ 6,394 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 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 $ 95 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 8, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 357,410 19,291 144,850 14,136 20,358 26,945 14,253 44,754 13,255 7,029 13,720 11,082 27,737 Deposits Depository institutions 31,905 1,756 5,907 1,502 2,236 2,892 3,293 3,123 1,002 922 1,260 1,912 6,099 U.S. Treasury--general account 5,229 0 5,229 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 163 5 62 5 9 9 13 16 3 4 5 10 21 Other 345 1 116 2 1 65 52 96 0 3 5 1 4 Total deposits 37,642 1,762 11,314 1,508 2,246 2,967 3,358 3,235 1,005 929 1,270 1,923 6,124 Deferred credit items 5,808 371 660 379 240 439 729 556 198 418 452 354 1,012 Other liabilities and accrued dividends1 3,176 172 1,042 146 195 256 179 367 135 83 159 134 308 TOTAL LIABILITIES 404,036 21,596 157,866 16,169 23,039 30,606 18,520 48,912 14,593 8,460 15,601 13,494 35,181 CAPITAL ACCOUNTS Capital paid in 3,522 130 964 144 235 263 329 408 78 94 130 240 506 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 488 26 143 43 3£ 62 25 60 15 10 16 8^ 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 411,446 21,875 159,942 16,470 23,533 31,160 19,194 49,769 14,760 8,655 15,875 13,988 36,227 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 422,358 23,231 164,220 15,304 23,176 32,226 19,640 50,613 15,572 8,329 15,202 15,189 39,655 Less--Held by F.R. Banks 64,948 3,940 19,370 1,169 2,818 5,282 5,387 5,859 2,317 1,300 1,482 4,108 11,918 F.R. notes, net 357,410 19,291 144,850 14,136 20,358 26,945 14,253 44,754 13,255 7,029 13,720 11,082 27,737 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 338,340 Total collateral 357,410 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