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 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 23, 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 iitteennss Jun 22, 1994 Jun 15, 1994 Jun 23, 1993 1 Jun 22, 1994 Reserve Bank credit1 2 388,314 2,921 + 33,738 388,667 «• U.S. government securities % Bought outright--systen account 350,769 • 1,902 • 35,882 351,581 Held under repurchase agreements 0 0 - 2,351 0 Federal agency obligations Bought outright 3,952 - 4 - 1,103 3,952 Held under repurchase agreements 0 0 - 178 1 o Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 84 • 71 + 65 319 Seasonal credit 242 + 50 • 81 263 Extended credit 0 0 0 0 Float 946 • 662 • 544 107 Other F.R. assets 32,322 • 241 • 797 32,446 Gold stock 11,052 0 - 5 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,493 + 14 •f 791 22,493 Total factors supplying reserve funds 429,877 + 2,935 _ 34,524 430,230 Currency in circulation* 378,535 - 94 • 35,860 379,084 Treasury cash holdings* 357 - 1 - 104 356 Deposits, other than reserve balances, with F.R. Banks Treasury 7,064 + 2,238 - 2,603 6,682 Foreign 172 - 4 - 35 166 Service-related balances and adjustments3 5,937 • 83 - 246 5,937 Other 314 + 14 • 40 393 Other F.R. liabilities and capital 10,712 - 43 • 1,333 10,530 Total factors, other than res&rve balances, absorbing reserve funds 403,091 • 2,193 • 34,246 403,148 Reserve balances with F.R. Banks* 26,786 + 742 + 278 27,083 On June 22, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 380,346 million, a change of + $ 4,360 million for the week. 1 Net of $ 4,644 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,644 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,832 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,832 million was with foreign official and international accounts. Includes $ 406 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,732 million and adjustments of $ 205 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 22, 1994 Jun 15, 1994 Jun 23, 1993 ASSETS Gold certificate account 11,052 0 - 5 Special drawing rights certificate account 8,018 0 0 Coin 324 13 102 Loans 582 • 358 • 380 Acceptances 0 0 0 Federal agency obligations Bought outright 3,952 0 - 1,103 Held under repurchase agreements1 0 0 - 993 U.S. government securities Bought outright--Bills 172,513 • 435 • 20,407 Notes 138,686 0 • 14,816 Bonds 40,381 0 • 2,905 Total bought outright2 351,581 • 435 • 38,128 Held under repurchase agreements1 0 0 - 10,261 Total U.S. government securities 351,581 • 435 • 27,867 Total loans and securities 356,115 • 793 • 26,151 Items in process of collection (623) 5,419 - 588 • 274 Bank premises 1,061 • 1 • 20 Other assets3 31,451 + 323 • 74 TOTAL ASSETS (623) 413,441 • 516 • 26,411 LIABILITIES Federal Reserve notes 357,271 288 • 35,478 Deposits Depository institutions 33,329 • 195 - 3,789 U.S. Treasury--general account 6,682 • 1,151 - 6,991 Foreign--official accounts 166 - 12 - 20 Other 393 • 86 • 125 Total deposits 40,570 • 1,421 - 10,674 Deferred availability cash items (623) 5,069 - 595 • 316 Other liabilities and accrued dividends4 3,128 - 37 • 787 TOTAL LIABILITIES (623) 406,038 • 502 • 25,907 CAPITAL ACCOUNTS Capital paid in 3,521 2 • 234 Surplus 3,401 0 • 348 Other capital accounts 480 • 16 - 79 * 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 $ 3,366 million was outstanding at the end of the latest statement week. 2 Net of $ 3,832 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 406 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 $ 103 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 22, 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. governnent Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 549 0 WWiitthhiinn 1155 ddaayyss 2222,,116666 • 380 192 • 160 16 days to 90 days 33 0 1166 ddaayyss ttoo 9900 ddaayyss 7777,,881199 • 174 484 160 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,448822 119 842 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8833,,772255 0 1,830 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226644 0 579 0 OOvveerr 1100 yyeeaarrss 3333,,112255 0 25 0 Total 582 0 TToottaall 335511,,558811 • 435 3,952 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 JUNE 22, 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 324 18 14 12 12 62 47 25 17 16 23 29 51 Loans 582 1 3 3 0 256 18 57 64 133 30 4 13 Accaptancas 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 undar rapurchasa agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 172,513 9,031 63,745 6,747 10,875 13,790 7,711 19,763 6,861 3,799 7,400 6,524 16,268 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 351,581 18,405 129,913 13,750 22,162 28,103 15,715 40,276 13,982 7,743 15,082 13,297 33,153 Held undar rapurchasa agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 351,581 18,405 129,913 13,750 22,162 28,103 15,715 40,276 13,982 7,743 15,082 13,297 33,153 Total loans and securities 356,115 18,613 131,376 13,908 22,412 28,675 15,909 40,786 14,204 7,963 15,282 13,450 33,538 Items in process of collection 6,042 443 815 422 289 457 644 603 205 417 404 377 966 Bank premises 1,061 91 138 46 41 138 62 113 30 40 50 158 153 Other assets3 31,451 1,237 9,882 1,074 1,970 2,456 2,507 3,602 804 779 1,182 1,945 4,014 Interdistrict settlement account 0 •1,054 +11,977 +2,399 -3,088 -2,832 -436 +2,869 -898 -1,069 -1,876 -2,242 -5,859 TOTAL ASSETS I 414,064 22,520 161,145 18,557 22,852 30,510 19,592 50,251 14,959 8,562 15,700 14,547 34,870 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 $ 3,366 million was outstanding at the end of the latest statement week. 2 Net of $ 3,832 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 406 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 $ 103 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 22, 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 357,271 20,079 143,643 15,800 20,021 26,934 14,766 44,601 13,085 6,907 13,621 10,896 26,918 Deposits Depository institutions 33,329 1,622 6,759 1,941 1,905 2,244 3,284 3,737 1,360 940 1,265 2,656 5,618 U.S. Treasury--general account 6,682 0 6,682 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 166 5 65 5 9 9 13 16 3 4 5 10 21 Other 393 1 213 1 2 61 1 lt>4 00 33 55 11 1 Total deposits 40,570 1,627 13,719 1,946 1,916 2,314 3,299 3,857 11,,336633 994477 11,,227755 22,,666688 5,639 Deferred credit items 5,693 366 696 370 227 453 675 580 209 429 373 356 958 Other liabilities and accrued dividends1 3,128 169 1,026 143 192 251 179 355 132 82 157 133 308 TOTAL LIABILITIES 406,662 22,242 159,084 18,259 22,356 29,952 18,918 49,393 14,790 8,365 15,426 14,052 33,823 CAPITAL ACCOUNTS Capital paid in 3,521 130 964 142 236 263 329 408 78 94 130 241 507 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 480 25^ 127 43 36 66 25 60 17 11 16 8 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 414,064 22,520 161,145 18,557 22,852 30,510 19,592 50,251 14,959 8,562 15,700 14,547 34,870 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 425,145 24,204 163,801 17,054 23,139 32,587 20,301 50,718 15,504 8,390 15,195 15,048 39,205 Less--Held by F.R. Banks 67,874 4,125 20,158 1,254 3,118 5,653 5,536 6,117 2,419 1,483 1,574 4,153 12,287 F.R. notes, net 357,271 20,079" 143,643 15,800 20,021 26,934 14,766 44,601 13,085 6,907 13,621 10,896 26,918 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 338,201 Total collateral 357,271 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