H.4.1 Factors Affecting Reserve Balances of Depository Institutions

&2&g&;'. 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. '.*IACK^I H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks September 1, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AAuugg 3311,, 11999944 Aug 24, 1994 | Sep 1, 1993 Aug 31, 1994 Reserve Bank credit1 2 390,416 + 203 + 32,720 393,988 U.S. government securities Bought outright--system account 348,953 + 425 • 32,817 349,110 Held under repurchase agreements 2,793 946 1,936 6,519 Federal agency obligations Bought outright 3,837 58 1,003 3,837 Held under repurchase agreements 1,413 + 606 • 1,182 1,732 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 35 + 10 76 35 Seasonal credit 476 + 16 + 231 459 Extended credit 0 0 0 0 Float 576 • 10 + 314 354 Other F.R. assets 32,333 + 139 + 1,190 31,942 Gold stock 11,054 0 2 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,646 + 14 + 838 22,646 Total factors supplying reserve funds 432,134 • 217 j • 33,556 435,706 Currency in circulation* 384,157 99 + 35,751 385,995 Treasury cash holdings* 361 + 8 21 368 Deposits, other than reserve balances, with F.R. Banks Treasury 5,029 179 516 5,994 Foreign 208 + 26 • 22 188 Service-related balances and adjustments3 5,516 42 600 5,516 Other 321 1 + 39 289 Other F.R. liabilities and capital j 11,229 • 134 • 1,567 10,864 Total factors, other than reserve balances, absorbing reserve funds 406,821 153 • 36,241 409,214 Reserve balances with F.R. Banks* 25,313 • 370 2,685 26,492 On August 31, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 398,851 million, a change of 4- $ 927 million for the week. 1 Net of $ 7,847 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of S 7,847 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of 5 8,004 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of 5 8,004 million was with foreign official and international accounts. Includes $ 693 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,352 million and adjustments of $ 165 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 AAuugg 3311,, 11999944 Aug 24, 1994 Sep 1, 1993 ASSETS Gold certificate account 11,054 o 2 1 ° Special drawing rights certificate account 8,018 0 Coin 315 7 1 65 1 Loans 494 30 + 261 Acceptances 0 0 0 Federal agency obligations Bought outright 3,837 58 1,003 Held under repurchase agreements1 1,732 + 1,182 «• 951 U.S. government securities Bought outright--Bills 117700,,334455 554477 • 17,963 Notes 113388,,000066 00 ! • 12,795 Bonds 4400,,776600 00 + 2,922 Total bought outright2 334499,,111100 •• 554477 • 33,685 Held under repurchase agreements1 66,,551199 ++ 22,,552299 51 Total U.S. government securities 335555,,662299 ++ 33,,007766 + 33,634 Total loans and securities 336611,,669922 ++ 44,,117700 + 33,343 Items in process of collection (335) 55,,112255 9988 1,081 Bank premises 11,,006655 00 * 21 Other assets3 1 3300,,996655 332244 • 281 TOTAL ASSETS (385) , 441188,,223333 •• 33,,993377 + 32,997 LIABILITIES 1 Federal Reserve notes 364,032 1,233 35,382 Deposits Depository institutions 32,282 • 2,210 3,734 U.S. Treasury-general account 5,994 + 500 + 1,335 Foreign — official accounts 188 + 24 6 Other 289 28 46 Total deposits 38,753 + 2,706 2,451 Deferred availability cash items (385) ! 4,584 + 69 960 Other liabilities and accrued dividends'* 3,632 + 214 + 1,224 TOTAL LIABILITIES (385) ] 411,001 + 4,221 + 33,194 CAPITAL ACCOUNTS Capital paid in 3,588 * 12 • 270 Surplus 3,383 19 • 329 , Other capital accounts 262 277 797 % Figures in parentheses are -he 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 0 million was outstanding at the end of the latest statement week. 2 Net of S 8,004 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 690 million securities !oaned--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 $ 112 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 31, 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 obligat ions LLooaannss AAcccceeppttaanncceess . ,. ! Weekly Weekly Huoldings , Holdings changes | changes Within 15 days 257 0 Within 15 days 1188,,229900;;-- 22,,005533 2,022 • 1,124 16 days to 90 days 237 0 16 days to 90 days 8833,,331111 -- 7755 448 • 70 Over 90 days 0 0 91 days to 1 year 111100,,333300jj++ 55,,005522 763 + 17 Over 1 year to 5 years 8844,,552222??++ 115522 1,752 76 Over 5 years to 10 years 2255,,117788|| 00 559 11 Over 10 years 3333,,449999)) 00 25 0 Total 494 0 Total 335555,,662299jj++ 33,,007766 5,569 + 1,124 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 31, 1994 Millions of dollars Kansas San Boston New York Philadelphia Cleveland Richmond Atlanta Chicago Minneapolis Dallas City 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 ,018 511 2 808 303 556 652 318 1 ,036 168 186 199 377 904 Coin 315 9 11 12 14 59 59 25 18 15 19 30 43 Loans 494 2 0 3 0 0 28 47 121 191 56 23 24 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3 ,837 201 1 ,418 150 242 307 171 440 153 84 165 145 362 Held under repurchase agreements1 1 ,732 0 1 ,732 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 170,345 8,917 62,944 6,662 10,738 13,616 7,614 19,514 6,775 3,751 7,307 6,442 16,063 Notes 138,006 7,224 50,994 5,397 8,699 11,031 6,lb8 15,809 5,489 3,039 5,920 5,219 13,014 Bonds _2Z134 15,_U6l_ 1^594 _?_i_569_ 3^258 1,822_ 4^66^ 1,621 898 1,748 1,542 3,844 Total bought outright2 "349,110 "18,275 f29,00~0 13,654" 22,007 27,906 15 7604 39,993 13,884 7,688 14,976 13,203 32,920 Held under repurchase agreements 6^519 0 b,514 0 0 0 0 0 0_ 0 0 0_ 0 Total U.S. govt, securities 3557629 T872 7 5 77 1 3 Si5"19! 13765477227° 077I?7T9i677jXVo4~ 39,993 13,884 7,688 14,976 13,203 32,920 Total loans and securities 3b~l,b92~ 18,479" 138,bb8 13,807 ~22,249 28,213 15,804 40,479 14,157 7,964 15,196 13,371 33,306 Items in process of collection 5,509 353 64b 357 233 403 614 531 183 371 356 425 1,037 Bank premises 1,065 91 138 46 43 138 62 113 30 41 50 158 155 Other assats3 30 9b5 9,822 1> 053 1 >933 2,323 2,491 3 537 777 3,968 -1 — " • Interdistrict settlement account 0 + 127 + 692 +2,722 -501 + 539 + 3,010_ +1,483 +1,956 -1,138 -1,440 -1,357 -6,093 TOTAL ASSETS 418,618" 21,328 156,923 18,692 25,187 33,229 22,901 48,421 17,719 8,436 15,974 15,387 34,422 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 $ 8,004 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 693 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 $ 112 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 31, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 364,032 18,870 139,885 16,206 22,662 29,298 17,948 42,624 16,236 6,801 14,013 12,477 27,013 Deposits Depository institutions 32,282 1,683 6,921 1,809 1,623 2,706 3,489 3,946 989 957 1,168 1,945 5,047 U.S. Treasury--general account 5,994 0 5,994 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 188 5 87 5 9 9 13 16 3 4 5 10 21 Other 289 1 123 1 1 38 1 113 0 4 4 1 2 Total deposits 38,753 1,689 13,124 1,815 1,633 2,753 3,504 4,075 992 965 1,177 1,956 5,069 Deferred credit items 4,969 308 552 214 187 365 610 503 171 392 327 338 1,003 Other liabilities and accrued dividends1 3,632 188 1,357 159 182 271 190 339955 114466 8899 117777 114444 334 TOTAL LIABILITIES 411,386 21,055 154,919 18,394 24,664 32,688 22,252" 4477,,559977 1177,,554455 88,,224477 1155,,669933 1144,,991155 33,419 CAPITAL ACCOUNTS Capital paid in 3,588 136 985 149 246 264 332 411 85 96 133 241 509 Surplus 3,383 123 969 114 224 228 317 390 74 91 128 231 494 Other capital accounts 262 14_ 51 35 53 48 0 23 15 Z_ 20 0 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 418,618 21,328 156,923 18,692 25,187 33,229 22,901 48,421 17,719 8,436 15,974 15,387 34,422 FEDERAL RESERVE AGENTS' ACCOUNTS F,R. notes outstanding 442,669 24,121 164,913 18,055 26,122 35,846 23,611 49,471 18,758 8,372 15,804 16,494 41,103 Less--Held by F.R. Banks 78,637 5,251 25,028 1,849 3,460 6,548 5,663 6,847 2,522 1,571 1,792 4,017 14,090 F.R. notes, net 364,032 18,870 139,885 16,206 22,662 29,298 17,948 42,624 16,236 6,801 14,013 12,477 27,013 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 344,960 Total collateral 364,032 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