H.4.1 Factors Affecting Reserve Balances of Depository Institutions

* QYGOVI FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release win be announced, when the information is available, on (202) 452-3206. •T^CRE' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 30, 1994 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJuunn 2299,, 11999944 Jun 22, 1994 Jun 30, 1993 Jun 29, 1994 Reserve Bank credit1 2 387,351 - 998 + 26,280 388,910 U.S. government securities Bought outright--system account 348,221 - 2,549 + 34,169 347,643 Held under repurchase agreements 1,705 + 1,705 - 6,049 3,979 Federal agency obligations Bought outright 3,938 - 14 - 1,098 3,920 Held under repurchase agreements 129 + 129 - 452 300 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 107 + 23 - 95 96 Seasonal credit 278 + 36 + 93 284 Extended credit 0 0 0 0 Float 535 - 415 - 105 491 Other F.R. assets 32,439 + 86 - 184 32,198 Gold stock 11,052 0 - 5 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,507 + 14 + 796 22,507 Total factors supplying reserve funds 428,927 - 984 _ 27,070 430,487 Currency in circulation* 379,126 + 591 + 36,280 381,550 Treasury cash holdings* 355 - 2 - 93 353 Deposits, other than reserve balances, with F.R. Banks Treasury 7,561 + 497 - 8,695 6,435 Foreign 182 + 10 - 36 163 Service-related balances and adjustments3 5,870 - 66 - 410 5,870 Other 274 - 40 - 18 270 Other F.R. liabilities and capital 10,758 + 46 + 1,457 10,634 Total factors, other than reserve balances, absorbing reserve funds 404,126 + 1,035 + 28,485 405,276 Reserve balances with F.R. Banks4 24,801 - 2,019 - 1,415 25,211 On June 29, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 381,850 million, a change of -f- $ 1,504 million for the week. 1 Net of $ 7,316 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,316 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 8,017 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 8,017 million was with foreign official and international accounts. Includes $ 250 million securities loaned-fully secured US government securities. 3 Consists of required clearing balances of $ 5,688 million and adjustments of $ 183 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 29, 1994 Jun 22, 1994 Jun 30, 1993 ASSETS Gold certificate account 11,052 0 - 5 Special drawing rights certificate account 8,018 0 0 Coin 302 23 107 Loans 381 202 1,153 Acceptances 0 0 0 Federal agency obligations Bought outright 3,920 - 32 1,113 Held under repurchase agreements1 300 + 300 649 U.S. government securities Bought outright — Bills 168,575 3,938 + 16,779 Notes 138,686 0 + 14,816 Bonds 40,381 0 + 2,905 Total bought outright2 347,643 - 3,938 + 34,500 Held under repurchase agreements1 3,979 + 3,979 - 11,077 Total U.S. government securities 351,622 + 41 + 23,423 Total loans and securities 356,222 + 107 + 20,507 - Items in process of collection (569) 4,998 421 524 Bank premises 1,061 - 1 + 20 Other assets3 3300,,995544 449977 - 994 TOTAL ASSETS ((556699)) 441122,,660066 ""II~~ 883355 + 18,897 LIABILITIES Federal Reserve notes 359,698 + 2,427 + 36,446 Deposits Depository institutions 30,864 2,465 + 3,140 U.S. Treasury — general account 6,435 247 - 21,951 Foreign — official accounts 163 - 3 - 123 Other 270 - 123 - 27 Total deposits 37,732 - 2,838 j 18,960 Deferred availability cash items (569) 4,541 - 528 - 517 Other liabilities and accrued dividends4 3,230 + 102 + 1,001 TOTAL LIABILITIES (569) 405,202 - 837 + 17,969 CAPITAL ACCOUNTS Capital paid in 3,523 + 1 + 234 Surplus 3,401 0 + 363 Other capital accounts 481 + 1 1 331 * 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 $ 8,017 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 250 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 $ 100 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 29, 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 340 0 WWiitthhiinn 1155 ddaayyss 2222,,336600 + 194 465 + 273 16 days to 90 days 40 0 1166 ddaayyss ttoo 9900 ddaayyss 8811,,665533 + 3,334 490 • 6 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110055,,449944 3,988 839 3 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8833,,772255 0 1,826 4 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226644 0 575 4 OOvveerr 1100 yyeeaarrss 3333,,112255 0 25 0 Total 381 0 TToottaall 335511,,662222 • 41 4,220 + 268 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 29, 1994 Millions of dollars Kansas San Total New York ! Philadelphia Cleveland Chicago St. Louis Minneapolis 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 302 14 12 8 12 58 45 22 15 15 21 30 50 Loans 381 1 0 7 0 6 15 48 76 156 33 3 36 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,920 205 1,448 153 247 313 175 449 156 86 168 148 370 Held under repurchase agreements1 300 0 300 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 168,575 8,825 62,290 6,593 10,626 13,475 7,535 19,311 6,704 3,712 7,231 6,375 15,896 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 1144,,992211 11,,557799 22,,554455 33,,222288 1,805 4,626 1,606 889 1,732 1,527 3,808 Total bought outright2 34 7,643 18,199 112288,,445577 1133,,559966 2211,,991144 ""2277,,778899 15,539 39,825 13,826 7,656 14,913 13,148 32,782 Held under repurchase agreements1 3^979 0 3,979 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 351,622" 18,199 113322,,443366 1133,,559966 2211,,991144 2277,,778899 15,539 39,825 1133,,882266 77,,665566 1144,,991133 1133,,114488 32,782 Total loans and securities 3567222 18,405 113344,,118855 ""~~ 113377775566"" 2222,,116611 2288 ,,110088 15,729 40,322 1144,,005577 77,,889988 1155,,111133 1133,,229999 33,187 Items in process of collection 5,567 377 597 348 277 380 644 637 201 381 369 399 956 Bank premises l,0bl 91 138 46 41 138 62 113 30 40 50 158 153 Other assets3 30,954 1,222 9,828 1,061 1,935 2,359 2,448 3,540 801 765 1,164 1,900 3,932 Interdistrict settlement account 0 + 7H2 ++66,,884466 +3,355 -2,872 -1,770 +1,199 +2,543 -1,144 -1,082 -959 -2,122 -4,736 TOTAL ASSETS 413,175 21,915 11558877554488 19,270 22,770 30,828 20,986 49,430 14,558 8,432 16,394 14,494 35,549 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 $ 8,017 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 250 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 $ 100 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 29, 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 359,698 19,823 142,357 16,684 19,851 27,556 16,158 44,335 13,155 7,037 14,279 11,143 27,319 Deposits Depository institutions 30,864 1,318 5,779 1,828 2,008 2,069 3,326 3,260 925 727 1,328 2,348 5,950 U.S. Treasury--general account 6,435 0 6,435 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 163 5 63 5 9 9 13 16 3 4 5 10 21 Other 270 1 122 1 2 27 4 101 1 3 5 2 1 Total deposits 37,732 1,323 12,398 1,833 2,020 2,106 3,344 3,377 929 734 1,338 2,359 5,971 Deferred credit items 5,110 324 601 311 214 356 632 504 172 384 348 364 902 Other liabilities and accrued dividends1 3,230 168 1,123 143 192 259 179 357 133 80 157 132 307 TOTAL LIABILITIES 405,771 21,638 156,479 18,972 22,277 30,277 20,313 48,573 14,388 8,235 16,121 13,999 34,498 CAPITAL ACCOUNTS Capital paid in 3,523 130 964 142 236 263 329 408 79 94 130 241 507 Surplus 3,401 123 9t>9 114 224 228 320 390 74 91 128 246 495 Other capital accounts 481 24 136 43 34 59 25 59 17 12 15 8 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 413,175 21,915 158,548 19,270 22,770 30,828 20,986 49,430 14,558 8,432 16,394 14,494 35,549 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 426,742 24,013 162,741 17,886 22,865 33,051 21,369 50,376 15,473 8,498 15,836 15,135 39,499 Less--Held by F.R. Banks 67,044 4,189 20,384 11,,220022 3,014 5,495 5,211 6,040 2,317 1,461 1,558 3,991 12,180 F.R. notes, net 359,698 f~ 19,823 142,357 1166,,668844 19,851 27,556 16,158 44,335 13,155 7,037 14,279 11,143 27,319 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 340,628 Total collateral 359,698 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