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 August 4, 1994 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 3, 1994 ~Jul7 27, 1994 Aug 4, 1993 Aug 3, 1994 Reserve Bank credit1 2 390,372 + 3,472 + 36,429 391,574 U.S. government securities Bought outright--system account 348,816 - 560 + 34,875 348,291 Held under repurchase agreements 2,688 + 2,688 + 431 4,925 Federal agency obligations Bought outright 3,900 - 11 - 1,065 3,900 Held under repurchase agreements 800 + 800 + 741 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 52 + 14 + 43 76 Seasonal credit 420 + 15 + 200 419 Extended credit 0 0 0 0 Float 197 - 121 - 218 462 Other F.R. assets 33,499 + 647 + 1,420 33,502 Gold stock 11,052 0 - 5 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,587 + 14 + 838 22,587 Total factors supplying reserve funds 432,028 + 3,486 + 37,262 433,231 Currency in circulation* 383,063 + 609 + 36,523 384,608 Treasury cash holdings* 352 - 2 - 34 353 Deposits, other than reserve balances, with F.R. Banks Treasury 5,046 - 327 - 888 6,744 Foreign 186 + 3 - 76 181 Service-related balances and adjustments3 5,710 - 105 - 604 5,710 Other 268 + 32 + 13 281 Other F.R. liabilities and capital 11,315 + 535 + 1,955 11,235 Total factors, other than reserve balances, absorbing reserve funds 405,940 + 745 + 36,890 409,112 Reserve balances with F.R. Banks* 26,088 + 2,741 + 372 24,119 On August 3, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 390,207 million, a change of - $ 2,474 million for the week. 1 Net of $ 6,688 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,688 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,214 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,214 million was with foreign official and international accounts. Includes $ 81 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,516 million and adjustments of $ 195 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 Aug 3, 1994 Jul 27, 1994 1 Aug 4, 1993 ASSETS Gold certificate account 11,052 0 5 Special drawing rights certificate account 8,018 0 0 Coin 304 • 8 88 Loans 495 + 39 + 272 Acceptances 0 0 0 Federal agency obligations Bought outright 3,900 0 - 1,065 Held under repurchase agreements1 0 0 - 169 U.S. government securities Bought outright--Bills 169,525 2,604 + 17,852 Notes 138,384 0 + 14,512 Bonds 40,381 0 + 2,905 Total bought outright2 348,291 - 2,604 • 35,269 Held under repurchase agreements1 4,925 + 4,925 - 1,474 Total U.S. government securities 353,216 + 2,321 + 33,795 Total loans and securities 357,610 + 2,359 + 32,834 Items in process of collection (564) 5,857 + 1,236 - 368 Bank premises 1,063 0 + 20 Other assets3 32,529 + 520 + 1,180 TOTAL ASSETS (564) 416,434 + 4,123 + 33,574 LIABILITIES Federal Reserve notes 362,678 + 1,320 + 36,151 Deposits Depository institutions 30,021 + 64 3,639 U.S. Treasury--general account 6,744 + 1,142 - 536 Foreign--official accounts 181 + 18 - 95 Other 281 + 64 - 8 Total deposits 37,228 + 1,288 - 4,278 Deferred availability cash items (564) 5,293 + 849 - 351 Other liabilities and accrued dividends4 3,504 + 370 + 1,128 TOTAL LIABILITIES (564) 408,702 + 3,828 + 32,651 CAPITAL ACCOUNTS Capital paid in 3,551 + 13 + 248 Surplus 3,401 0 + 348 Other capital accounts 779 + 282 + 328 * 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 $ 7,214 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 81 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 $ 65 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, AUGUST 3, 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 185 0 WWiitthhiinn 1155 ddaayyss 2200,,116677 ++ 4433 1155 96 16 days to 90 days 310 0 1166 ddaayyss ttoo 9900 ddaayyss 8800,,119933 22,,883377 772266 + 119 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110088,,117788 ++ 44,,005500 774466 23 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,557766 ++ 11,,006655 11,,881188 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,997777 00 557700 0 OOvveerr 1100 yyeeaarrss 3333,,112255 00 2255 0 Total 495 0 TToottaall 335533,,221166 ++ 22,,332211 33,,990000 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 AUGUST 3, 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 304 10 11 8 14 62 53 19 18 15 19 31 45 Loans 495 1 45 1 0 4 17 52 91 195 55 22 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 169,525 8,874 62,641 6,630 10,686 13,551 7,577 19,420 6,742 3,733 7,272 6,411 15,986 Notes 138,384 7,244 51,134 5,412 8,723 11,062 6,185 15,853 5,504 3,048 5,936 5,234 13,049 Bonds 40,381 2,114 1144,,992211 11,,557799 22,,554455 33,,222288 11,,880055 44,,662266 11,,660066 888899 11,,773322 11,,552277 3,808 Total bought outright2 348,291 18,232 112288,,669977 1133,,662222 2211,,995555 2277,,884400 1155,,556688 3399,,889999 1133,,885522 77,,667700 1144,,994400 1133,,117722 32,843 Held under repurchase agreements1 4,925 0 44,,992255 0 0 0 000 000 000 000 000 000 0 Total U.S. govt, securities 353,216 18,232 113333,,662222 13,622 2211,,995555 2277,,884400 111555,,,555666888 333999,,,888999999 111333,,,888555222 777,,,666777000 111444,,,999444000 111333,,,111777222""" 32,843 Total loans and securities 357,610 18,438 135,108 13,775 2222,,220011 2288,,115566 111555,,,777555999 444000,,,333999888 111444,,,000999888 777,,,999555222 111555,,,111666333 111333,,,333444111 33,223 Items in process of collection 6,421 431 715 336 245 532 824 680 241 419 491 500 1,006 Bank premises 1,063 91 138 46 42 138 62 113 30 41 50 158 154 Other assets3 32,529 1,288 10,328 1,115 2,039 2,458 2,581 3,696 838 806 1,228 2,009 4,142 Interdistrict settlement account 0 +548 +2,323 +3,123 -836 -76 +1,005 +1,073 +1,811 --11,,225588 --11,,331199 --11,,001133 -5,381 TOTAL ASSETS 416,998 21,870 155,566 19,099 24,919 32,824 21,144 48,233 17,632 88,,339900 1166,,226677 1155,,885577 35,195 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 $ 7,214 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 81 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 $ 65 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 AUGUST 3, 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 362,678 19,390 139,301 16,732 21,765 28,732 16,825 43,378 16,141 6,896 14,250 12,223 27,045 Deposits Depository institutions 30,021 1,624 5,215 1,589 2,201 2,697 2,714 2,881 964 771 1,106 2,582 5,676 U.S. Treasury--general account 6,744 0 6,744 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 181 5 80 5 9 9 13 16 3 4 5 10 21 Other 281 2 113 1 1 8888 11 6666 00 33 44 11 1 Total deposits 37,228 1,631 12,153 1,595 2,211 22,,779955 22,,772299 22,,996633 996677 777788 11,,111155 22,,559933 5,697 Deferred credit items 5,857 378 664 315 214 468 702 620 201 425 446 385 1,041 Other liabilities and accrued dividends1 3,s°4 181 1,290 152 203 261 184 380 141 85 167 139 321 TOTAL LIABILITIES 409,267 21,580 153,407 18,793 24,393 32,255 20,439 47,342 17,450 8,185 15,979 15,340 34,104 CAPITAL ACCOUNTS Capital paid in 3,551 131 974 142 246 264 331 409 81 94 132 241 506 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 779 36 216 50 57 76 55 93 26 20 29 30 90 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 416,998 21,870 155,566 19,099 24,919 32,824 21,144 48,233 17,632 8,390 16,267 15,857 35,195 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 436,306 24,196 162,148 18,203 24,993 34,733 22,265 50,021 18,561 8,487 16,002 16,302 40,395 Less--Held by F.R. Banks 73,628 4,806 22,847 1,472 3,228 6,002 5,441 6,642 2,420 1,591 1,752 4,079 13,349 F.R. notes, net 362,678 19,390 139,301 16,732 21,765" 28,732 16,825 43,378 16,141 6,896 14,250 12,223 27,045 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 343,608 Total collateral 362,678 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