H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-o? cov t FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when ••^f^^:the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Sanks August 11, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change froir week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AAuugg 1100,, 11999944 Aug 3, 1994 Aug 11, 1993 Aug 10, 1994 Reserve Bank credit1 2 392,723 + 2,335 + 36,379 391,908 U.S. government securities Bought outright--system account 349,076 + 260 + 35,938 348,594 Held under repurchase agreements 4,114 A. 1,427 - 210 4,299 Federal agency obligations Bought outright 3,900 0 - 1,065 3,900 Held under repurchase agreements 996 + 19b + 650 650 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 13 - 39 - 362 7 Seasonal credit ,19 - 1 + 201 431 Extended credit 0 0 0 0 Float 538 + 359 - 57 205 Other F.R. assets 33,666 + 133 + 1,285 33,823 Gold stock 11,053 + 1 - 4 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,604 + 14 +_ 841 22,604 Total factors supplying reserve funds 434,397 + 2,349 37,216 433,584 Currency in circulation* 384,553 + 1,487 + 36,135 385,719 Treasury cash holdings* 353 + 1 - 33 352 Deposits, other than reserve balances, with F.R. Banks Treasury 5,422 + 376 - 239 6,289 Foreign 191 + 5 - 100 164 Service-related balances and adjustments3 5,581 ~ 129 - 452 5,581 Other 292 + 24 1 + 1 305 Other F.R. liabilities and capital 11,292 - 24 + 1,952 10,877 Total factors, other than reserve balances, absorbing reserve funds 407,683 + 1,740 + 37,265 409,287 Reserve balances with F.R. Banks4 26,714 + 610 - 49 24,297 On August 10, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 392,088 million, a change of 4- $ 1,881 million for the week. 1 Net of $ 6,483 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,483 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,094 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,094 million was with foreign official and international accounts. Includes $ 30 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,406 million and adjustments of $ 175 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 10, 1994 Aug 3, 1994 Aug 11, 1993 ASSETS Gold certificate account 11,054 + 2 3 Special drawing rights certificate account 8,018 0 0 Coin 517 • 12 75 Loans 438 57 • 201 Acceptances 0 0 0 Federal agency obligations Bought outright 3,900 0 1,065 Held under repurchase agreements1 650 + 650 • 299 U.S. government securities Bought outright--Bills 169,829 + 304 + 17,741 Notes 158,384 0 • 14,512 Bonds 40,581 0 • 2,905 Total bought outright2 548,594 + 304 + 35,158 Held under repurchase agreements1 4,299 - 626 723 Total U.S. government securities 552,895 - 522 + 34,455 Total loans and securities 357,880 + 270 • 55,870 Items in process of collection (464) 5,094 765 171 Bank premises 1,064 0 + 20 Other assets3 52,882 + 554 + 1,457 TOTAL ASSETS (464) 416,509 - 124 + 55,077 LIABILITIES Federal Reserve notes 365,784 + 1,106 + 55,912 Deposits Depository institutions 50,222 + 201 4,023 U.S. Treasury--general account ! 6,289 - 456 + 1,627 Foreign--official accounts j 164 - 17 33 Other 305 + 24 + 4 Total deposits 36,980 - 247 2,425 Deferred availability cash items (464) 4,669 - 624 0 Other liabilities and accrued dividends4 5,592 - 111 + 1,039 TOTAL LIABILITIES (464) 408,825 + 125 • 34,527 CAPITAL ACCOUNTS Capital paid in 5,560 + 9 + 260 Surplus 3,401 0 + 348 Other capital accounts 523 - 256 57 * 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 $ 7,094 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 89 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation ait market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, AUGUST 10, 19y4 Acceptances and securities held under repurchase agreements are classified as maturing within i5 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess - ,. 1 Weekly Weekly uHolding 3 s ! j c . h anges Holdings changes Within 15 days 117 0 WWiitthhiinn 1155 ddaayyss 2233,,777733 + 5,606 708 • 695 16 days "to 90 days 521 0 1166 ddaayyss ttoo 9900 ddaayyss 7755,,..998866 4,207 668 58 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr-- 110088,,445566 * 279 746 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,557766 0 1,818 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2244,,997777 0 585 + 15 OOvveerr 1100 yyeeaarrss 3355,,112255 0 25 0 Total 4S8 0 TToottaall 335522,,889955 522 4,550 • 650 — i t- 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 10, 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 11,054 553 4,137 393 660 902 542 1,217 429 230 436 453 1,102 Special drawing rights certif. acct. 8,016 511 2,808 303 556 652 31& 1,036 168 186 199 377 904 Coin 317 9 12 9 15 61 60 20 18 15 21 30 47 Loans 438 0 1 0 20 100 193 50 16 12 Acceptances 0 0 0 c 0 0 0 0 Federal agency obligations Bought outright 3,900 20<v I 441 '*4 7 147 363 Held under repurchase agreements* 650 n 6 5'" 0 0 J,S. government securities Bought outright--Bills 169,829 8,890 62 ,753 6,642 10,705 13,575 7,59: 19,455 .,754 3,743 7,285 6,423 16,014 Notes 138,384 7,244 51 ,134 5,412 8,723 11,062 6,165 li>,853 1^,504 3,04^ 5,936 5,234 13,049 Bonds 40,381 2,114 14 ,921 i,57c 2,545 3,228 i.&G1? 4,626 1,606 889 1,732 1,527 3,808 Total bought outright 348,594 18,248 128,809 13,654 21,974 27,865 15,581 333999,,,999333444 111333,,,888666444 777,,,666777777 111444,,,999555333 111333,,,111888444 32,872 Held under repurchase agreements1 4,299 0 4,299 G C 0 0 000 000 000 000 000 0 Total U.S. govt, securities 352,892 18,248 133,108 13,634 21,974 27,865 l£,^8'i 333999,,,999333444 111333,,,888666444 777,,,666777777 111444,,,999555333 111555,,,111888444~~~ 32,872 Total loans and securities 357,880 18,453 135,199 13,787 22,220 20,180 .15,77^ 444000,,,444222222 """ 111444,,,111111999 777,,,999555666 111555,,,111777000 111333,,,333444777 33,252 Itams in process of collection 5,558 424 622 418 228 381 684 444888777 222000555 333777111 333666666 444444999 923 Bank premises 1,064 91 138 46 42 138 62 111111333 333000 444111 555000 111555888 154 Other assets3 32,882 1,299 10,507 1,126 2,056 2,478 2,593 333,,,777333888 888444888 888111222 111,,,222333999 222,,,000111999 4,166 Interdistrict settlement account ° ^500 +1,834 +2,800 -1,158 +334 +1,776 +++111,,,444666111 +++111,,,888333777 ---111,,,222444000 ---111,,,222444555 ---111,,,555444777 -5,351 TOTAL ASSETS i 416,773 21,839 155,257 18,882 24,619 33,126 21,812 48,494 17,654 8,370 16,237 15,287 35,196 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 $ 7,094 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 89 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 10, 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 363,784 19,396 139,946 16,643 21,843 29,214 17,079 43, 3» 16,112 6,903 14,222 12,245 26,796 Deposits Depository institutions 30,222 1,575 5,006 1,498 1,846 2,642 3,244 3,272 1,036 801 1,229 2,041 6,032 U.S. Treasury--general account 6,289 0 6,289 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 164 5 63 5 9 9 13 16 3 4 5 10 21 Other 305 2 118 0 2 83 1 90 0 3 4 1 1 Total deposits 36,980 1,582 11,476 1,503 1,857 2,735 3,258 3,379 1,039 808 1,238 2,052 6,054 Deferred credit items 5,133 401 550 285 202 359 612 492 186 379 330 356 980 Other liabilities and accrued dividends1 3,392 179 1,185 153 202 261 184 379 140 84 166 138 321 TOTAL LIABILITIES 409,289 21,558 153,157 18,584 24,104 32,569 21,133 47,635 17,477 8,173 15,957 14,792 34,150 CAPITAL ACCOUNTS Capital paid in 3,560 131 981 142 246 264 331 409 82 94 133 241 506 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 523 27^ 150 42 46 64 28 60 21^ 12 19 8 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 416,773 21,839 155,257 18,882 24,619 33,126 21,812 48,494 17,654 8,370 16,237 15,287 35,196 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 437,920 24,215 163,307 18,162 25,067 35,345 22,452 49,933 18,514 8,474 15,970 16,239 40,241 Less--Held by F.R. Banks 74,136 4,820 23,361 1,520 3,224 6,131 5,373 6,548 2,402 1,571 1,748 3,994 13,445 F.R. notes, net 363,784 19,396 139,946 16,643 21,843 29,214 17,079 43,385 16,112 6,903 14,222 12,245 26,796 Collateral held against F.R. notes Gold certificate account 11,054 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 344,711 Total collateral 363,784 jj __,, 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