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.41 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 18, 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 iitteennss Aug 17, 1994 Aug 10, 1994 Aug 18, 1993 Aug 17, 1994 Reserve Bank credit1 2 389,675 - 3,047 + 32,519 385,255 U.S. government securities Bought outright--system account 348,343 - 734 • 33,521 348,639 Held under repurchase agreements 2,861 - 1,253 - 1,679 0 Federal agency obligations Bought outright 3,895 - 4 - 1,069 3,895 Held under repurchase agreements 651 - 346 * 413 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 13 0 - 19 14 Seasonal credit 440 + 21 + 204 451 Extended credit 0 0 0 0 Float 534 - 4 + 41 495 Other F.R. assets 32,940 - 727 + 1,107 31,762 Gold stock 11,054 + 2 - 3 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,618 • 14 • 840 22,618 Total factors supplying reserve funds 431,365 - 3,032 + 33,357 426,945 Currency in circulation* 384,780 + 226 • 35,979 385,281 Treasury cash holdings* 352 - 1 - 34 352 Deposits, other than reserve balances, with F.R. Banks Treasury 4,780 - 642 - 895 6,522 Foreign 178 - 13 - 60 163 Service-related balances and adjustments3 5,493 - 88 - 602 5,493 Other 314 + 22 • 20 329 Other F.R. liabilities and capital 11,063 - 228 • 1,660 10,772 Total factors, other than reserve balances, absorbing res&rye funds 406,960 - 723 • 36,067 408,912 Reserve balances with F.R. Banks4 24,405 - 2,309 - 2,711 18,033 On August 17, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 392,187 million, a change of + $ 99 million for the week. 1 Net of $ 7,628 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,628 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,566 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,566 million was with foreign official and international accounts. Includes $ 280 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,405 million and adjustments of $ 88 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 17, 1994 Aug 10, 1994 Aug 18, 1993 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 324 • 7 69 Loans 465 • 28 + 184 Acceptances 0 0 0 Federal agency obligations Bought outright 3,895 - 5 - 1,070 Held under repurchase agreements1 0 - 650 - 170 U.S. government securities Bought outright--Bills 169,873 + 45 + 17,255 Notes 138,006 - 378 • 13,345 Bonds 40,760 + 378 + 2,922 Total bought outright2 348,639 + 45 • 33,522 Held under repurchase agreements1 0 - 4,299 - 7,675 Total U.S. government securities 348,639 - 4,254 + 25,847 Total loans and securities 352,999 - 4,882 + 24,791 Items in process of collection (569) 5,703 + 608 - 25 Bank premises 1,063 0 + 18 Other assets3 30,821 - 2,061 + 1,025 TOTAL ASSETS (569) 409,982 - 6,327 + 25,738 LIABILITIES Federal Reserve notes 363,339 445 + 35,605 Deposits Depository institutions 23,914 - 6,308 - 11,310 U.S. Treasury--general account 6,522 + 234 - 128 Foreign--official accounts 163 - 1 - 57 Other 329 + 24 • 68 Total deposits 30,929 - 6,051 - 11,427 Deferred availability cash items (569) 4,942 + 273 + 44 Other liabilities and accrued dividends4 3,272 - 120 + 943 TOTAL LIABILITIES (569) 402,482 - 6,343 • 25,164 CAPITAL ACCOUNTS Capital paid in 3,564 + 4 • 255 Surplus 3,401 0 • 348 Other capital accounts 535 + 12 - 29 * 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 $ 7,566 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 280 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at mar-ket exchange rates. Includes special investment account at Chicago of $ 109 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 17, 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 388 0 WWiitthhiinn 1155 ddaayyss 1166,,774444 7,029 348 360 16 days to 90 days 77 0 1166 ddaayyss ttoo 9900 ddaayyss 7799,,553399 • 3,553 378 290 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,330099 * 853 746 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8844,,337700 2,206 1,828 • 10 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,117788 * 201 570 15 OOvveerr 1100 yyeeaarrss 3333,,449999 • 374 25 0 Total 465 0 TToottaall 334488,,663399 4,254 3,895 655 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 17, 1994 y ill ions of dollars Kansas San Total Boston 1 New York 1 Philadelphia | Cleveland Richmond | Atlanta 1 Chicago St. Louis Minneapolis Dallas Francisco . _ ± i u -Clty_ ASSETS Gold certificate account 11,054 553 4,137 393 66i 9C?2 542 1,217 429 230 436 453 1,102 Special drawing rights ceriif* sect. 8,016 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 324 11 13 10 14 63 60 23 20 16 20 30 46 Loans 465 0 0 3 4 27 43 104 197 55 18 13 Acceptances 0 0 0 G 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,895 204 1,439 152 246 311 174 446 155 86 167 147 367 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 169,873 8,893 62,770 66,,664444 1100,,770088 1133,,557799 77,,559933 1199,,446600 66,,775566 33,,774411 77,,228877 66,,442255 16,019 Notes 138,006 7,224 50,994 55,,339977 88,,669999 1111,,003311 66,,116688 1155,,880099 55,,448899 33,,003399 55,,992200 55,,221199 13,014 Bonds 40,760 2,134 15,061 11,,559944 22,,556699 33,,225588 11,,882222 44,,666699 11,,662211 889988 11,,774488 11,,554422 3,844 Total bought outright*1 348,639 18,251 128,825 1133"",, 663355 2211,,997777 2277,,886688"" 1155,,558833 3399,,993399 1133""## 886655 7777667788 1144,,995555 1133//118855 32,876 Held under repurchase agreements1 0 0 0 CC 00 00 00 00 00 00 00 00 0 Total U.S* govt, securities 348,639H 18,25i 128,825 13,633 21,977 27,868 15,583 39,939 13,865 7,678 14,955 13,185 32,876 Total loans and securities 352^999 18,455 130,265 13,791 22,222 28,184 15,784 40,429 14,124 7,961 15,178 13,351 33,256 Items in procj@ss of collection 6,272 498 747 549 269 402 751 594 237 394 363 406 1,061 Bank prmm isms 1,063 91 138 46 42 138 62 113 30 41 51 158 154 Other asfels3 30,821 1,198 9,642 1,051 1,934 2,326 2,506 3,542 771 768 1,156 1,941 3,986 Interdi^trict settlement account 0 -13 +6,690 +2,577 -1,403 -283 +1,142 +600 +1,577 -1,104 -1,369 -1,738 -6,676 TOTAL ASSETS 410,551 21,304 154,440 18,719 24,295 32,383 21,166 47,554 17,356 8,490 16,034 14,978 33,833 1 Does not include US 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 Met of $ 7,566 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 280 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 $ 109 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 17, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 363,339 19,375 140,373 16,512 22,181 29,063 17,150 43,052 15,970 6,897 14,146 12,086 26,534 Deposits Depository institutions 23,914 1,127 3,601 1,427 1,128 1,953 2,477 2,566 874 898 1,077 1,889 4,896 U.S. Treasury—general account 6,522 0 6,522 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 329 1 120 1 2 81 1 112 1 4 4 1 2 Total deposits 30,929 1,133 10,306 1,433 1,139 2,044 2,491 2,694 878 906 1,086 1,900 4,919 Deferred credit itens 5,512 338 561 327 260 461 664 575 191 406 355 359 1,014 Other liabilities and accrued dividends1 3,272 177 1,088 149 200 260 182 372 139 84 165 137 318 TOTAL LIABILITIES 403,052 21,023 152,327 18,421 23,780 31,828 20,488 46,694 17,178 8,293 15,753 14,482 32,785 CAPITAL ACCOUNTS Capital paid in 3,564 131 981 142 246 264 332 409 82 94 133 241 509 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 535 26 163 43 46 62 27 62 22 12 20 9 45 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 410,551 21,304 154,440 18,719 24,295 32,383 21,166 47,554 17,356 8,490 16,034 14,978 33,833 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 439,726 24,300 164,462 18,154 25,462 35,499 22,692 49,850 18,497 8,464 15,939 16,146 40,261 Less--Held by F.R. Banks 76,387 4,925 24,089 1,642 3,281 6,436 5,543 6,797 2,526 1,567 1,793 4,060 13,727 F.R. notes, net 363,339 19,375 140,373 16,512 22,181 29,063 17,150 43,052 15,970 6,897 14,146 12,086 26,534 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 344,266 Total collateral 363,339 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