H.4.1 Factors Affecting Reserve Balances of Depository Institutions

'o*cov. 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. •f**lRE^'" H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 28, 1994 Millions of dollars 1 Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd | Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJuull 2277,, 11999944 pul"2 0, 1994 [Jul 28, 1993 Jul 27, 1994 Reserve Bank credit1 2 386,901 T~T~ 3,991 + 35,797 388,065 U.S. government securities i Bought outright--system account 349,376 ! • 1,089 + 35,465 350,895 Held under repurchase agreements 0 I 3,031 0 0 Federal agency obligations i Bought outright 3,911 : - 9 1,081 3,900 Held under repurchase agreements 0 1 2,002 0 0 Acceptances 0 0 0 0 Loans to depository institutions i Adjustment credit 38 - 46 + 27 43 Seasonal credit 405 + 27 + 181 414 Extended credit 0 - 1 0 0 Float 319 " 84 • 29 -160 Other F.R. assets 32,852 • 66 • 1,175 32,974 Gold stock 11,052 0 - 5 11,052 Special drawing rights cert if icat.e. account 8,018 0 0 8,018 Treasury currency outstanding 2222,,557733 •• 14 t 832 22,573 :- Total factors supplying reserve funds 442288,,554444 "" 37976 36,624 j 429,708 + Currency in circulation* 382,454 - 979 + 36,881 383,282 Treasury cash holdings* 354 + 1 . - -S* 352 Deposits, other than reserve balances, with F.R. Banks Treasury 5,373 + 792 - 62 5,602 Foreign 182 • 9- - -71 1 163 Service-related balances and adjustments3 5,816 • 22 - S62 j 5,816 Other 236 64 - 23 217 Other F.R. liabilities and capital 1100,,778800 92 + 1,474 1 10,569 Total factors, other than reserve balances, absorbing reserve funds 405,195 - 311 • 37,586 I 406,001 Reserve balances with F.R. Banks'* ! 23,349 ~ 3,666 - 962 23,706 On July 27. 1994, marketable U S government securities held in custody by the Federal Reserve 3anks for foreign official and international accounts were $ 392.681 million, a change of ^ $ 1,447 million for the week. 1 Net of S 6.128 million, daily average, matched sale-purchase transactions outstanding during the latest statement week,, of which a net of S 6,128 million was with foreign official and international accounts Includes securities loaned--fuily secured by U.S. government securities 2 Net of S 4.609 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4.609 million was with foreign official and international accounts. Includes S 122 million securities loaned-fully secured U S. government securities. 3 Consists of required clearing balances of $ 5.506 million and adjustments of $ 310 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 27, 1994 Jul 20, 1994 Jul 28, 1993 ASSETS Gold certificate account 11,052 0 - 5 Special drawing rights certificate account 8,018 0 0 Coin 297 • 7 - 91 Loans 456 - 339 • 227 Acceptances 0 0 0 Federal agency obligations Bought outright 3,900 - 20 - 1,065 Held under repurchase agreements1 0 - 2,048 0 U.S. government securities Bought outright--Bills 172,130 + 3,328 • 20,188 Notes 138,384 0 • 14,812 Bonds 4400,,338811 00 • 2,905 Total bought outright2 335500,,889955 •• 33,,332288 • 37,905 Held under repurchase agreements1 0 - i 4,337 0 Total U.S. government securities 350,895 - 1,009 • 37,905 Total loans and securities 355,251 - 3,417 • 37,068 Items in process of collection (549) 4,621 - 718 - 385 Bank premises 1,063 0 • 20 Other assets3 32,009 • 189 • 1,336 TOTAL ASSETS (549) 412,310 - 3,938 • 37,943 LIABILITIES Federal Reserve notes 361,358 - 294 • 36,572 Deposits Depository institutions 29,957 - 2,852 • 347 U.S. Treasury--general account 5,602 - 221 - 145 Foreign--official accounts 163 - 3 -. 70 Other 217 - 49 - 16 Total deposits 35,940 - 3,125 • 115 Deferred availability cash items (549) 4,444 - 381 - 161 Other liabilities and accrued dividends* 3,133 - 135 • 898 TOTAL LIABILITIES (549) 404,874 - 3,935 •¥ 37,424 CAPITAL ACCOUNTS Capital paid in 3,538 • 3 • 242 Surplus 3,401 0 • 348 Other capital accounts 497 - 7 - 71 • 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 S 2,778 million was outstanding at the end of the latest statement week. 2 Net of $ 4,609 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 122 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 $ 45 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 27, 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 400 0 WWiitthhiinn 1155 ddaayyss 2200,,112244 779966 111111 2,053 16 days to 90 days 57 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,003300 ++ 33,,773366 660077 «• 3 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110044,,112288 33,,995500 776699 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8855,,551111 00 11,,881188 13 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,997777 00 557700 5 OOvveerr 1100 yyeeaarrss 3333,,112255 00 2255 0 Total 456 0 TToottaall 335500,,889955 11,,000099 33,,990000 2,068 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 27, 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 297 10 10 8 12 59 50 19 18 13 19 29 47 Loans 456 4 0 5 0 4 17 58 85 198 51 21 12 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,900 204 1,441 153 246 312 174 447 155 86 167 147 368 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 172,130 9,011 66663333,,,,666600004444 6666,,,,777733332222 10,850 13,759 7,694 11119999,,,,777711119999 6666,,,,888844446666 3333,,,,777799991111 7777,,,,333388884444 6666,,,,555511110000 16,231 Notes 138,384 7,244 55551111,,,,111133334444 5555,,,,444411112222 8,723 11,062 6,185 11115555,,,,888855553333 5555,,,,555500004444 3333,,,,000044448888 5555,,,,999933336666 5555,,,,222233334444 13,049 Bonds 40,381 2,114 11114444,,,,999922221111 1111,,,,555577779999 2,545 3,228 1,805 4444,,,,666622226666 1111,,,,666600006666 888888889999 1111,,,,777733332222 1111,,,,555522227777 3,808 Total bought outright2 350,895 1188,,33bb99 111122229999,,,,666655559999 11113333,,,,777722224444 222222,,,111111999 2288,,004499 1155,,668844 44440000,,,,111199997777 11113333,,,,999955555555 7777,,,,777722228888 11115555,,,,000055552222 11113333,,,,222277771111 33,089 Held under repurchase agreements1 0 00 0000 0000 000 00 00 0000 0000 0000 0000 0000 0 Total U.S. govt, securities 350,895 1188,,336699"" 111122229999,,,,666655559999 11113333,,,,777722224444 222222,,,111111999""" 2288,,004499 1155,,668844 44440000,,,,111199997777"""" 11113333,,,,999955555555 7777,,,,777722228888 11115555,,,,000055552222 11113333,,,,222277771111 33,089 Total loans and securities 355,251 18,576 111133331111,,,,111100000000 11113333,,,,888888881111 222222,,,333666555""" 28,365 15,876 44440000,,,,777700002222 11114444,,,,111199996666 8888,,,,000011112222 11115555,,,,222277770000 11113333,,,,444433339999 33,469 Items in process of collection 5,170 338 456 299 234 335533 660099 553388 223300 339911 338811 441188 922 Bank premises 1,063 91 138 46 42 113388 6622 111133 3300 4400 5500 115588 154 Other assets3 32,009 1,269 10,122 1,105 2,011 22,,443377 22,,554433 33,,661188 882266 779955 11,,221111 11,,998877 4,083 Interdistrict settlement account 0 + 234 •6,251 •2,842 -1,897 --664455 ••11,,116699 ••11,,660000 ••11,,334411 --11,,550066 --11,,335522 --11,,773399 -6,298 TOTAL ASSETS 412,859 21,583 155,021 18,877 23,984 3322,,226622 2211,,117700 4488,,884422 1177,,223388 88,,116622 1166,,221166 1155,,112222 34,383 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 $ 2,778 million was outstanding at the end of the latest statement week. 2 Net of $ 4,609 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 122 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 $ 45 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 27, 1994 Millions of dollars Boston I Now York I Philadelphia | Cloli veland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 361,358 19,346 139,297 16,782 21,340 28,559 16,555 43,506 15,751 6,921 14,201 12,145 26,954 Deposits Depository institutions 29,957 j I 1,471 6,267 1,321 1,748 2,4o8 3,169 3,585 1,012 581 1,204 1,986 5,145 U.S. Treasury--general account 5,602 ' 0 5,602 0 0 0 0 0 0 0 0 0 0 Foreign—of ticial accounts lo3 j 5 62 5 9 9 13 16 3 4 5 10 21 Other 217 | 1 10 0_ 1_ _ 2 53_ 3 46 0 4 4 1 1 lotal deposits "'~35,9s0 "]""' 1,478 12,032 1,327 "l,759 ""2,530 "3 ",185 ~" 3,64 7" " r,~o"i5" 588 1,213 l"/997 5,167 Deferred credit items 4,993 I 310 5/3 325 197 362 580 480 163 374 365 353 911 Other liabilities and accrued dividends1 3,133 l_ 169 1,033 144 194_ 246 178 355 134_ 82 160 133 305 IOTAL LIABILITIES "405,423" I 21,302 152/935" 18,578 23,49 0 "31,697 >0,499 47,988 "i'7,06'3 7,965 15,940 14,628 33,338 CAPITAL ACCOUNTS Capital paid in 3,538 j 131 974 .•: 142 236. 264 328 409 81 94 132 241 506 Surplus 3,401 | 123 969 {.>14. 224 228 320 390 74 91 128 246 495 Other capital accounts 497 i 27 143 • , 43- 34 72 23 55 20 11 16 7 45 TOTAL LIABILIIltS AND CAPITAL ACCOUNTS 412,859 j 21,583 155,021 18,877 23,984,32,262 21,170 48,842 17,238 8,162 16,216 15,122 34,383 FEDERAL RESERVE AGENTS' ACCOUNTS i F.R. notes outstanding 434,581 j 24,108 161,495 18,245 24,678 34,634 22,032 50,134 18,226 8,493 16,030 16,344 40,163 Less — Held by F.R. Banks __732223 i 4,762 22,198 1^463 ;3Z338 6^075^ 5,476 _ 62_627_ 2,475 1,572 1,829 4,199 13,208 F.R. notes, net 361,358 I 19,346 139,297 16,782 .21,340 28,559 ~ Ib'ibSB 43,506 15,751 6,921 14,201 12,145 26,954 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 342,288 Iota! collateral 3617358 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