H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•$Sri§&- 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 25, 1994 Millions of dollars i Averages o f daily f.L gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended [ Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 24, 1994 Aug 17, 1994 i Aug 25, 1993 Aug 24, 1994 Reserve Bank credit1 2 390,213 + 487 + 35,381 390,473 U.S. government securities Bought outright--system account 348,528 4- 185 + 33,006 348,564 Meld under repurchase agreements 3,739 + 878 + 790 3,990 Federal agency obligations Bought outright 3,895 - 1 - 1,052 3,895 Held under repurchase agreements 807 • 157 4- 649 550 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 25 • 13 4- 18 41 Seasonal credit 460 + 20 4 213 483 Extended credit 0 0 0 0 Float 566 + 30 4- 223 553 Other F.R. assets 32,193 - 795 4 1,532 | 32,398 Gold stock 11,054 0 - 2 11,055 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,632 + 14 4- 839 22,632 Total factors supplying reserve funds 431,917 + 501 _ 36,217 432,178 Currency in circulation* 384,256 - 524 • 36,032 384,749 Treasury cash holdings* 353 + 1 - 33 360 Deposits, other than reserve balances, with F.R. Banks Treasury 5,208 • 428 - 762 5,494 Foreign 182 + 4 - 4 164 Service-related balances and adjustments3 5,558 + 65 ~ 600 5,558 Other 323 + 9 4- 55 317 Other F.R. liabilities and capital 11,095 + 31 4- 1,708 10,934 Total factors, other than reserve balances, absorbing reserve funds 406,974 + 14 4 36,394 407,577 Reserve balances with F.R. Banks4 24,943 + 487 - 176 24,601 On August 24, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 397,924 million, a change of 4- $ 5,737 million for the week. 1 Net of $ 7,834 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,834 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 8,050 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of S 8,050 million was with foreign official and international accounts. Includes $ 107 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,352 million and adjustments of $ 206 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 24, 1994 Aug 17, 1994 Aug 25, 1993 ASSETS Gold certificate account 11,055 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 322 - 2 - 69 Loans 524 + 58 + 265 Acceptances 0 0 0 Federal agency obligations Bought outright 3,895 0 - 945 Held under repurchase agreements1 550 • 550 • 366 U.S. government securities Bought outright--Bills 169,798 - 75 + 17,016 Notes 138,006 0 • 12,995 Bonds 40,760 0 • 2,922 Total bought outright2 348,564 - 75 + 32,933 Held under repurchase agreements1 3,990 + 3,990 + 1,165 Total U.S. government securities 352,554 + 3,915 • 34,098 Total loans and securities 357,522 + 4,523 + 33,784 Items in process of collection (554) 5,026 - 676 + 346 Bank premises 1,065 • 2 • 21 Other assets3 31,288 • 467 • 1,595 TOTAL ASSETS (554) 414,296 • 4,314 • 35,675 LIABILITIES Federal Reserve notes 362,799 - 539 + 35,706 Deposits Depository institutions 30,072 • 6,158 - 1,091 U.S. Treasury--general account 5,494 - 1,028 - 707 Foreign--official accounts 164 0 - 37 Other 317 - 12 + 37 Total deposits 36,047 + 5,118 - 1,798 Deferred availability cash items (554) 4,516 - 427 • 72 Other liabilities and accrued dividends4 3,418 + 146 + 1,122 TOTAL LIABILITIES (554) 406,780 + 4,298 + 35,103 CAPITAL ACCOUNTS Capital paid in 3,576 + 12 + 268 Surplus 3,401 0 + 348 Other capital accounts 539 + 5 - 44 * 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 $ 8,050 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 107 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 $ 111 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 24, 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 443 0 WWiitthhiinn 1155 ddaayyss 2200,,334422 •• 33,,559999 889988 + 550 16 days to 90 days 80 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,888855 •• 44,,334477 337788 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110055,,227799 44,,003311 774466 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8844,,337700 00 11,,882288 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,117788 00 557700 0 OOvveerr 1100 yyeeaarrss 3333,,449999 00 2255 0 Total 524 0 TToottaall 335522,,555544 •• 33,,991155 44,,444455 + 550 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 24, 1994 Millions of dollars Kansas San Philadelphia Cleveland Richmond Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,055 553 4,138 393 660 902 542 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 322 10 10 11 15 62 61 27 18 15 18 29 45 Loans 524 1 0 9 0 4 28 46 131 212 61 17 14 Acceptances 0 0 0 0 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 550 0 550 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright~-Bills 169,798 8,889 62,742 6,641 10,703 13,573 7,590 19,451 6,753 3,739 7,284 6,422 16,012 Notes 138,006 7,224 50,994 5,397 8,699 11,031 6,168 15,809 5,489 3,039 5,920 5,219 13,014 Bonds 40,760 2,134 15,061 1,594 2,569 3,258 1,822 4,669 1,621 898 1,746 1,542 3,844 Total bought outright2 348,564 18,247 128,798 13,632 21,972 27,862 15,580 39,930 13,862 7,676 14,952 13,183 32,869 Held under repurchase agreements1 3,990 0 3,990 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 352,554 18,247 132,788 13,632 21,972 27,862 15,580 39,930 13,862 7,676 14,952 13,183 32,, 869 Total loans and securities 357,522 18,452 134,777 13,794 22,218 28,178 15,782 40,422 14,148 7,974 15,181 13,347 33,250 Itens in process of collection 5,580 356 678 563 193 252 645 605 182 385 389 388 942 Bank premises 1,065 91 138 46 42 138 63 113 30 41 51 158 155 Other assets3 31,288 1,211 9,951 1,061 1,955 2,344 2,517 3,567 781 775 1,166 1,951 4,008 Interdistrict settlement account 0 -254 +3,570 +2,527 +131 +48 +3,045 +419 +1,582 -741 -1,506 -2,043 -6,779 TOTAL ASSETS 414,850 20,930 156,070 18,698 25,769 32,576 22,973 47,407 17,340 8,865 15,933 14,661 33,627 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 $ 8,060 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 107 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 $ 111 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 24, 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 362,799 19,062 140,608 16,240 22,515 29,037 17,329 42,860 15,881 6,880 14,062 11,938 26,386 Deposits Depository institutions 30,072 1,073 5,841 1,697 2,335 2,299 4,199 2,644 980 1,314 1,045 1,727 4,917 U.S. Treasury--general account 5,494 0 5,494 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 317 1 109 1 2 76 11 111155 11 44 44 11 2 Total deposits 36,047~^ 1,079 11,508 1,703 2,346" 2,385 44,,221144 22,,777755 998844 11,,332222"" 11,,005544 11,,773399 4,939 Deferred credit items 5,069 331 602 300 192 339 567 543 159 382 370 351 933 Other liabilities and accrued dividends1 3,418 177 1,241 150 200 259 183 370 139 84 116655 113388 311 TOTAL LIABILITIES 407,334 20,650 153,959 18,393 25,253~ 32,020~ 22,293 46,549 17,163 8,668 1155,,665522 1144,,116666 32,569 CAPITAL ACCOUNTS Capital paid in 3,576 131 984 149 246 264 332 409 82 94 133 241 509 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 539 26 158 43 4b 63 28 60 21 11 21 8_ 54 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 414,850 20,930 156,070 18,698 25,769 32,576 22,973 47,407 17,340 8,865 15,933 14,661 33,627 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 441,472 24,293 165,288 18,112 25,908 35,706 23,088 49,741 18,466 8,452 15,908 16,076 40,433 Less--Held by F.R. Banks 78,672 5,231 24,680 1,872 3,393 6,668 55,,776600 66,,888822 22,,558855 11,,557722 11,,884466 44,,113388 14,048 F.R. notes, net 362,799 19,062 140,608" 16,240 22,515 29>37 1177,,332299 4422,,886600~~ 1155,,888811 66,,888800 1144,,006622 1111,,993388 26,386 Collateral held against F.R. notes Gold certificate account 11,055 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 343,727 Total collateral 362,799 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