H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;o*covv 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. '•^ALRt^; H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 16, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change fro* week Bnded Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteennss Jun 15, 1994 Jun 8, 1994 Jun L6, 1993 Jun 15, 1994 Reserve Bank credit1 2 385,389 - 1,286 • 35,038 387,586 U.S. government securities Bought outright--system account 348,867 - 1,180 • 35,238 351,146 " Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 3,955 - 22 - 1,099 3,952 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 13 - 14 + 8 19 Seasonal credit 192 + 11 + 61 205 Extended credit 0 0 0 0 Float 280 - 259 - 132 75 Other F.R. assets 32,081 • 178 • 963 32,189 Gold stock 11,052 0 - 3 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,479 • 14 • 786 22,479 Total factors supplying reserve funds 426,938 - 1,272 + 35,822 429,135 Currency in circulation* 378,629 + 269 • 35,662 379,343 Treasury cash holdings* 358 0 - 123 357 Deposits, other than reserys balances, with F.R. Banks Treasury 4,826 - 167 - 538 5,530 Foreign 176 - 8 - 49 178 Service-related balances and adjustments3 5,854 - 29 - 255 5,854 Other 300 0 • 16 307 Other F.R. liabilities and capital 10,756 - 35 • 1,315 10,553 Total factors, other than reserve balances, absorbing reserve funds 400,898 •f 31 • 36,028 402,123 Reserve balances with F.R. Banks* 26,040 - 1,303 - 206 27,012 On June 15, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 375,988 million, a change of + $ 1,223 million for the week. 1 Net of $ 6,546 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,546 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4.267 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,267 million was with foreign official and international accounts. Includes $ 200 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,734 million and adjustments of $ 120 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 15, 1994 Jun 8, 1994 Jun 16, 1993 ASSETS Gold certificate account 11,053 5 8,018 0 0 Special drawing rights certificate account 337 6 88 Coin Loans 224 26 68 Acceptances 0 0 0 Federal agency obligations Bought outright 3,952 26 1,103 Held under repurchase agreements1 0 0 U.S. government securities Bought outright--Bills 172,079 2,127 18,767 Notes 138,686 0 14,816 Bonds 40,381 0 2,905 Total bought outright2 351,146 2,127 36,488 Held under repurchase agreements1 0 0 0 Total U.S. government securities 351,146 2,127 36,488 Total loans and securities 355,322 2,128 35,453 Items in process of collection (585) 6,007 171 84 Bank premises 1,060 2 20 Other assets3 31,129 211 909 TOTAL ASSETS (585) 412,925 2,164 36,372 LIABILITIES Federal Reserve notes 357,559 149 35,372 Deposits Depository institutions 33,134 1,229 2,851 U.S. Treasury--general account 5,530 302 3,075 Foreign--official accounts 178 15 114 Other 307 38 41 Total deposits 39 ,149 • 1,507 - 379 Deferred availability cash items (585) 5 ,664 + 541 • 64 Other liabilities and accrued dividends4 3 ,164 - 12 + 828 TOTAL LIABILITIES (585) 405,536 2,185 35,886 CAPITAL ACCOUNTS Capital paid in 3,523 2 232 Surplus 3,401 0 348 Other capital accounts 465 23 92 * 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 $ 2,170 million was outstanding at the end of the latest statement week. 2 Net of $ 4,267 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 200 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 $ 107 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 15, 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 151 0 WWiitthhiinn 1155 ddaayyss 2211,,778866 + 9,367 32 • 7 16 days to 90 days 73 0 1166 ddaayyss ttoo 9900 ddaayyss 7777,,664455 7,237 644 32 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,660011 3 842 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8833,,772255 0 1,830 3 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226644 0 579 • 2 OOvveerr 1100 yyeeaarrss 3333,,112255 0 25 0 Total 224 0 TToottaall 335511,,114466 • 2,127 3,952 26 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 15, 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 11,053 553 4,136 393 660 902 542 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 337 18 17 13 12 61 47 25 19 17 24 30 54 Loans 224 0 0 6 0 11 9 20 34 109 22 2 10 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,952 207 1,460 155 249 316 177 453 157 87 170 149 373 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 172,079 9,008 63,585 6,730 10,847 13,755 7,691 19,713 6,844 3,790 7,382 6,508 16,227 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 351,146 18,382 129,752 13,733 22,135 28,069 15,695 40,226 13,965 7,733 15,063 13,280 33,112 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 351,146 18,382 129,752 13,733 22,135 28,069 15,695 40,226 13,965 7,733 15,063 13,280 33,112 Total loans and securities 355,322 18,589 131,212 13,894 22,384 28,395 15,880 40,699 14,157 7,930 15,255 13,432 33,495 Items in process of collection 6,593 352 972 444 240 441 700 676 223 464 418 529 1,134 Bank premises 1,060 91 138 46 41 138 62 113 30 40 50 158 153 Other assets3 31,129 1,225 9,794 1,064 1,953 2,367 2,490 3,573 804 771 1,169 1,932 3,986 Interdistrict settlement account 0 +500 •11,168 +1,144 -2,496 -1,948 -595 +3,290 -971 -918 -1,514 -2,461 -5,200 TOTAL ASSETS 413,511 21,840 160,244 17,300 23,351 31,008 19,445 50,629 14,860 8,719 16,036 14,451 35,628 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 $ 2,170 million was outstanding at the end of the latest statement week. 2 Net of $ 4,267 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 200 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 $ 107 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 15, 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 357,559 19,994 144,289 14,623 20,227 26,952 14,418 44,680 13,171 7,011 13,657 10,993 27,543 Deposits Depository institutions 33,134 1,049 6,004 1,842 2,169 2,751 3,445 4,023 1,187 979 1,573 2,436 5,676 U.S. Treasury--general account 5,530 0 5,530 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 178 5 77 5 9 9 13 16 3 4 5 10 21 Other 307 0 119 1 2 62 2 108 1 3 3 2 5 Total deposits 39,149 1,055 11,731 1,847 2,180 2,822 3,460 4,147 1,190 986 1,581 2,448 5,701 Deferred credit items 6,250 343 1,140 383 256 428 717 568 196 445 365 383 1,025 Other liabilities and accrued dividends1 3,164 171 1,025 144 194 255 178 377 133 81 159 132 316 TOTAL LIABILITIES 406,122 21,563 158,184 16,996 22,858 30,458 18,772 49,772 14,691 8,523 15,762 13,957 34,585 CAPITAL ACCOUNTS Capital paid in 3,523 130 964 144 235 263 329 408 78 94 130 241 507 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 465 24 127 45 34 59 24 59 17 10 17 7_ 41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 413,511 21,840 160,244 17,300 23,351 31,008 19,445 50,629 14,860 8,719 16,036 14,451 35,628 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 423,702 23,980 164,034 15,859 23,171 32,354 19,882 50,678 15,546 8,385 15,187 15,122 39,504 Less--Held by F.R. Banks 66,143 3,985 19,745 1,237 2,944 5,402 5,464 5,998 2,376 1,374 1,529 4,129 11,960 F.R. notes, net 357,559 19,994 144,289 14,623 20,227 26,952 14,418 44,680 13,171 7,011 13,657 10,993 27,543 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 338,488 Total collateral 357,559 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