H.4.1 Factors Affecting Reserve Balances of Depository Institutions

' COu/ FEDERAL RESERVE ihese 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. ^J.*£ H.4 1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks September 8, 1994 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Week ended Change from week ended Wednesday F.R. Banks, Reserve Bank credit, and related items Sep 7, 1994 J Aug 31, 1994 j Sep 3, 1993 I Sep 7, 1994 Reserve Bank credit1 2 392,844 2,437 32,087 397,375 U.S. government securities Bought outright-- system account 353,916 4,963 34,151 354,017 Held under repurchase agreements 656 2,137 1,786 2,295 Federal agency obligations Bought outright 3,837 0 1,003 3,837 Held under repurchase agreements 429 985 193 1,500 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11 25 621 11 Seasonal credit 450 26 226 440 Extended credit 0 0 0 0 Float 1,1^2 597 471 2,694 Other F.R. assets 32,404 51 457 32,582 Gold stock 11,054 0 2 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,660 14 839 22,660 Total factors supplying reserve funds 434,576 2,451 32,925 439,107 Currency in circulation* 387,234 3,077 35,913 338,595 Treasury cash holdings* 368 7 15 369 Deposits, other than reserve balances, with F.R. Sanks Treasury 4,514 515 1,435 5,939 Foreign 186 22 36 192 Service-related balances and adjustments5 5,328 187 789 5,328 Other 355 33 27 327 Other F.R. liabilities and capital 10,893 335 ^29 10,989 Total factors, other than reserve balances, absorbing reserve funds 408,873 2,058 34,599 411,740 Reserve balances with f.R. Banks'* 25,6^8 394 1,674 27,367 On September 7, 1994, .Tiarketable U 5. government securities held ;n custody by the Federal Reserve Banks for foreign official and international accounts were $ 397,180 million, a change of - $ 1,671 million for the week. 1 Net of $ 7,657 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,657 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,556 miiiion matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7.556 million was with foreign official and international accounts Includes S 20 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,006 million and adjustments of S 323 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 RE SERVE BANKS Millions of dollars Change since •• WWeeddnneessddaayy Wednesday Wednesday Sep 7, 1994 Aug 31, 1994 Sep 3, 1993 ASSETS Gold certificate account 11,054 0 2 Special drawing rights certificate account 8,018 0 0 Coin 309 5 61 Loans 450 43 • 232 Acceptances 0 0 0 Federal agency obligations Bought outright 3,837 0 - 1,003 Held under repurchase agreements1 1,500 232 • 1,405 U.S. government securities Bought outright--Bills 170,792 + 448 + 16,628 Notes 141,389 •f 3,333 4- 13,092 Bonds 41,836 4- 1,076 4- 3,058 Total bought outright2 354,017 + 4,907 • 32,779 Held under repurchase agreements1 2,2°5 - 4,224 • 21 Total U.S. government securities 335566,,331122 4- 683 44-- 32,800 Total loans and securities 336622,,009999 4- + 07 44-- 33,434 Items in process of collection (513) 9,539 4- 4,414 + 104 Bank premises 1,066 4- 1 4- 21 Other assets3 31,469 4- 504 4- 426 TOTAL ASSETS (518* 423,554 4- 5,321 4- 33,922 LIABILITIES Federal Reserve notes 366,613 4- 2,581 4- 35,351 Deposits Depository institutions 32,894 + 612 - 4,124 U.S. Treasury--general account 5,939 - 55 4- 1,824 Foreign--official accounts 192 • 5 4- 1 Other ((44)) 332277 4> 38 11 Total deposits ((44)) 3399,,335522 • 600 II 2,310 Deferred availability cash items (514) 6,600 4- 2,015 - 638 Other liabilities and accrued dividends4 3,513 111144 __44-- 1,058 TOTAL LIABILITIES ((551133)) 416,083 TT 55,,008822 33,412 CAPITAL ACCOUNTS Capital paid in 3,596 + 3 4- 278 Surplus 3,399 4- 17 + 346 Other capital accounts 476 4- 214 113 " * 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 $ 7,556 nruilion matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 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 S 91 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, SEPTEMBER 7, 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 AAcccceeppttaannccaass Weekly Weekly Holdings Holdings changes changes Within 15 days 132 0 WWiitthhiinn 1155 ddaayyss 18,060 229 1,500 522 16 days to 90 days 318 0 1166 ddaayyss ttoo 9900 ddaayyss 80,868 2,942 780 • 332 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 109,377 454 721 42 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 87,052 • 2,530 1,752 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 26,116 • 938 559 0 OOvveerr 1100 yyeeaarrss 34,339 • 840 25 0 Total 450 0 TToottaall 356,312 • 633 5,337 232 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 SEPTEMBER 7, 1994 Millions of dollars Kansas San Totiil Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco 1 ASSETS Gold certificate account 11,054 553 4,13/ 393 660 902 542 1,217 429 230 436 453 1,102 Special drawing rights cert if. acct 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 309 8 12 13 14 57 57 25 19 15 19 29 42 Loans 450 0 1 3 0 2 22 41 109 184 53 23 12 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 44 0 153 84 165 145 362 Held under repurchase agreements1 1,500 0 1,500 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 170,792 8,941 63,109 6,680 10,766 13,652 7,634 19,565 6,792 3,761 7,326 6,459 16,105 Notes 141,389 7,401 52,245 5,530 8,913 11,302 6,320 16,197 5,623 3,114 6,065 5,347 13,333 Bonds 41,836 22,,119900 1155,,445599 11,,6633bb 22,,663377 33,,334444 1,870 44,,779933 11,,666644 992211 11,,779955 11,,558822 3,945 Total bought outright2 354,017 1188,,553322"" 113300//881133 1133,,884466"" 2222,,331166 2288,,229988 15,824 4400,,555555"" 1144,,007799 77,,779966 1155,,118866 1133,,338899"" 33,383 Held under repurchase agreements1 2,295 00 222,,,222999555 000 000 000 000 000 000 000 000 00 0 Total U.S. govt, securities 1 356,312 1188,,553322 111333333///LLL000888 111333,,,888444666""" 222222,,,333111666 222888 ,,,"""222999888 111555,,,888222444 444000,,,555555555 111444,,,000777999""" 777,,,777999666 111555,,,111888666 1133,,338899"" 33,383 Total loans and securities 362,099 18,733 111333666,,,000222666 """111333///999999999""" 222222^^^555555888 222888,,,666000777 111666,,,000111777""" 444111,,,000333666 111444,,,333444111 888,,,000666444 111555,,,444000444 13,557 33,756 Items in process of collection 10,057 549 917 509 528 792 1,167 846 537 599 653 714 2,247 Bank premises 1,066 91 137 46 43 138 62 113 30 42 51 158 155 Other assets3 31,469 1,236 9,941 1,074 1,969 2,372 2,523 3,539 798 780 1,181 1,955 4,050 Interdistrict settlement account 0 • 608 ++33,,552255 ++22,,225500 --11,,112266 --7766 +2,196 + 388 +1,836 -1,552 -1,796 -1,758 -4,494 TOTAL ASSETS 424,072 22,2tt9 115577,,550033 1188,,558877 2255,,220011 3333,,444455 22,883 48,250 18,159 8,364 16,145 15,485 37,761 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign ofticial 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 outstandtncj at the and of the latest statement week. Includes $ 20 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 $ 91 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 SEPTEMBER 7, 1994 Millions of dollars Kansas San Philadelphia Clevelanndd |RR ichmond Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 366,613 19,012 140,839 16,289 22,848 29,311 18,076 42,667 16,466 6,752 14,121 12,749 27,481 Deposits Depository institutions 32,894 2,335> 6,314 1,503 1,326 2,558 3,107 3,483 1,084 740 1,062 1,648 7,731 U.S. Treasury--general account 5,939 01 5,939 0 0 0 0 0 0 0 0 0 0 Foreign — official accounts 192 5i 91 5 9 9 13 16 3 4 5 10 21 Other 331 _ 0) 116 1 1 105 1 92 1 4 4 1 5 Total deposits 39,356 "2,341 12,461' 1,50 9 1,336 2,673 3,121 3,591 1 ,088 748 1,071 1,660 7,757 Deferred credit items 7,114 452> 880 318 319 630 830 732 27s 579 512 441 1,147 Other liabilities and accrued dividends1 3,518 I 1,216 161 184 277 190 4 01 147 89 172 145 343 TOTAL LIABILITIES 155,396 18,2/7 24,688 32,892 22,217 47,391 17,976 8,168 15,876 14,994 36,729 CAPITAL ACCOUNTS Capital paid in 149 246 265 332 411 85 96 133 247 509 Surplus 114 224 228 320 390 74 91 128 2<t4 495 Other capital accounts 47 44 60 13 59 24 9 8 0 28 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 424,072 22,289 157,503 18,587 25,201 33,445 >,883 48,250 18,159 8,36M 16,145 15,485 37,761 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 443,960 24,127 166,068 18,021 26,113 35,841 23,505 49,4 09 18 ,937 8 ,360 15 ,780 16 ,597 41 ,203 Less—Held by F.R. Banks 77,34 7 _ 5,115 25^229 _ l±7i2_ ^2_26f> 6i.S3l _ 5,429 _6^/41 2 ,471 1 ,607 1 ,659 3 ,848 13 ,722 F.R. notes, net "366,613" 197012 140,839 16,289 22,848~ 29:, 311 " 187o7t>'~ "42,66/ 16 ,466 6 ,752 14 ,121 12 ,749 27 ,481 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 ^47^541 Total collateral 366,613 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