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 July 14, 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 Jul 13, 1994 Jul 6, 1994 Jul 14, 1993 Jul 13, 1994 Reserve Bank credit1 2 394,195 - 4 + 38,324 393,323 U.S. government securities Bought outright--system account 349,405 - 705 + 37,460 349,254 Held under repurchase agreements 5,179 - 472 - 549 4,198 Federal agency obligations Bought outright 3,920 0 - 1,105 3,920 Held under repurchase agreements 1,636 + 1,327 + 1,266 1,667 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 25 - 419 • 20 24 Seasonal credit 335 • 29 • 133 356 Extended credit 0 0 0 0 Float 789 4- 83 • 111 934 Other F.R. assets 32,905 • 153 + 986 32,971 Gold stock 11,052 0 - 5 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,545 _ 14 + 819 22,545 Total factors supplying reserve funds 435,810 10 • 39,137 434,937 Currency in circulation* 384,651 + 1,285 • 36,870 384,820 Treasury cash holdings* 358 + 4 - 67 354 Deposits, other than reserve balances, with F.R. Banks Treasury 6,031 + 114 - 791 5,275 Foreign 185 - 135 - 7 283 Service-related balances and adjustments3 6,059 - 81 - 134 6,059 Other 279 + 2 - 15 233 Other F.R. liabilities and capital 11,581 ~ 165 • 2,294 10,697 Total factors, other than reserwe balances, absorbing reserve funds 409,144 • 1,024 • 38,151 407,721 1 Reserve balances with F.R: Banks* 26,666 " 1,014 + 986 27,216 On July 13, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 386,280 million, a change of + $ 3,671 million for the week. 1 Net of $ 6,401 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,401 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities 2 Net of $ 6,552 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,552 million was with foreign official and international accounts. Includes $ 20 million securities loaned-fully secured US. government securities. 3 Consists of required clearing balances of $ 5.659 million and adjustments of $ 400 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 Jul 13, 1994 Jul 6, 1994 Jul 14, 1993 ASSETS Gold certificate account 11,052 0 - 5 Special drawing rights certificate account 8,018 0 0 Coin | 280 - 4 - 99 ! Loans 380 2,315 • 166 Acceptances 0 0 0 Federal agency obligations Bought outright 3,920 0 - 1,094 Held under repurchase agreements1 1,667 • 1,204 + 1,467 U.S. government securities Bought outright--Bills 170,186 • 789 • 18,391 Notes 138,686 0 + 14,816 Bonds 40,381 0 • 2,905 Total bought outright2 349,254 + 789 •f 36,111 Held under repurchase agreements1 4,198 - 984 - 1,654 Total U.S. government securities 353,452 - 195 + 34,457 Total loans and securities 359,418 - 1,307 • 34,997 Items in process of collection (611) 6,044 - 3,228 • 91 Bank premises 1,062 0 • 21 Other assets3 31,993 • 282 • 862 TOTAL ASSETS (611) 417,867 - 4,256 • 35,867 LIABILITIES Federal Reserve notes 362,910 - 360 + 36,424 Deposits Depository institutions 33,404 • 869 + 121 U.S. Treasury--general account 5,275 - 1,683 - 1,822 Foreign--official accounts 283 + 108 + 80 Other 233 - 61 - 237 Total deposits 39,194 - 768 - 1,859 Deferred availability cash items (611) 5,066 - 2,365 - 159 Other liabilities and accrued dividends4 3,285 + 7 + 954 TOTAL LIABILITIES (611) 410,455 - 3,487 + 35,360 CAPITAL ACCOUNTS Capital paid in 3,535 + 12 • 241 Surplus 3,401 0 + 348 Other capital accounts 1 476 - 781 - 82 ! * 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 $ 6,552 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 million securities loaned-fully secured by US government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 62 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, JULY 13, 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 96 0 WWiitthhiinn 1155 ddaayyss 2211,,008877 •• 33,,774455 11,,668877 + 1,219 16 days to 90 days 284 0 1166 ddaayyss ttoo 9900 ddaayyss 7799,,779955 33,,885588 770000 + 10 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110088,,665577 8822 776699 30 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8855,,552244 00 11,,883311 + 5 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226644 00 557700 5 OOvveerr 1100 yyeeaarrss 3333,,112255 00 3300 5 Total 380 0 TToottaall 335533,,445522 119955 55,,558877 • 1,204 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 JULY 13, 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 280 9 10 6 13 55 44 18 18 14 18 28 47 Loans 380 0 0 0 0 3 9 43 80 182 40 10 13 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 1,667 0 1,667 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 170,186 8,909 62,885 6,656 10,728 13,604 7,607 19,496 6,768 3,748 7,300 6,436 16,048 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 349,254 18,283 129,053 13,659" 22,016 27,917 15,611 40,009 13,890 7,692 14,982 13,209 32,934 Held under repurchase agreements1 4,198 0 4,198 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities r 353,452 18,283 133,251 13,659 22,016 27,917 15,611 40,009 13,890 7,692 14,982 13,209 32,934 Total loans and securities 1 359,418 18,488 136,366 13,813 22,263 28,233 15,795 40,502 14,126 7,960 15,190" 13,367 33,316 Items in process of collection 6,655 524 768 464 265 272 863 759 239 437 421 490 1,153 Bank premises 1,062 91 138 46 42 138 62 113 30 40 50 158 153 Other assets3 31,993 1,262 10,204 1,095 2,000 2,426 2,537 3,615 821 791 1,204 1,969 4,068 Interdistrict settlement account 0 +1,357 +2,786 +3,933 -2,849 -642 +1,365 +2,533 +49 -1,189 -1,087 -1,377 -4,878 TOTAL ASSETS 418,478 22,796 157,216 20,052 22,949 32,037 21,527 49,792 15,880 8,468 16,431 15,465 35,865 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 $ 6,552 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 million securities loaned-fuily 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 $ 62 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 JULY 13, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 362,910 19,852 141,778 17,124 19,981 28,278 16,263 44,371 14,270 7,094 14,469 12,266 27,163 Deposits Depository institutions 33,404 2,147 6,088 2,107 2,026 2,416 3,709 3,509 1,110 670 1,147 2,167 6,308 U.S. Treasury--general account 5,275 0 5,275 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 283 5 182 5 9 9 13 16 3 4 5 10 21 Other 233 1 56 1 3 94 4 63 0 3 6 2 1 Total deposits 39,194 2,153 11,600 2,112 2,038 2,520 3,727" 3,588 1,114 677 1,158 2,179 6,329 DefsrrBd credit items 5,676 335 624 371 239 432 685 611 187 418 367 392 1,015 Other liabilities and accrued dividends1 3,285 174 1,147 147 196 252 178 364 136 82 162 133 313 TOTAL LIABILITIES 411,066 22,514 155,149 19,755 22,454 31,481 20,853 48,934 15,707 8,271 16,156 " 14,971 34,820 CAPITAL ACCOUNTS Capital paid in 3,535 131 974 142 236 263 328 408 80 94 130 241 506 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 476 27 124 42 35 63 25 61 19 11 17 8 43 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 418,478 22,796 157,216 20,052 22,949 32,037 21,527 49,792 15,880 8,468 16,431 15,465 35,865 FEDERAL RESERVE AGENTS" ACCOUNTS F.R. notes outstanding 430,652 24,187 162,578 18,289 22,944 33,847 21,308 50,426 16,656 8,594 16,117 16,282 39,424 Less--Held by F.R. Banks 67,742 4,335 20,799 1,165 2,963 5,569 5,045 6,056 2,386 1,500 11,,664488 44,,001166 12,261 F.R. notes, net 362,910 19,852 141,778" 17,124 19,981 28,278 16,263 44,371 14,270 7,094 1144,,446699 1122,,226666 27,163 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 343,840 Total collateral 362,910 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