H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE .. I, i • •• • • •• • i i ... i i • i • • 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 September 15, 1994 Millions of dollars Averages of daily fj. gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 14, 1994 Sep 7, 1994 [ Sep 15, 1993 Sep 14, 1994 Reserve Bank credit1 2 394,264 • 1,420 • 33,263 393,480 U.S. government securities Bought outright--system account 355,484 + 1,568 + 35,443 355,896 Held under repurchase agreements 309 - 347 - 2,523 0 Federal agency obligations Bought outright 3,828 - 9 - 1,011 3,817 Meld under repurchase agreements 1,000 • 571 + 584 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 9 - 2 + 5 13 Seasonal credit 424 - 26 • 197 432 Extended credit 0 0 0 0 Float 569 - 573 + 229 574 Other F.R. assets 32,641 + 237 • 340 32,748 Gold stock 11,054 0 - 2 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,674 • 14 + 841 | 22,674 Total factors supplying reserve funds 436,010 _ 1,434 i _ 34,101 1 435,226 Currency in circulation* 387,559 • 325 + 35,437 387,471 Treasury cash holdings* 371 , + 3 - 6 387 Deposits, other than r&serye balances, with F.R. Banks Treasury 5,576 • 1,062 + 459 5,581 Foreign 171 - 15 - 105 192 Service-related balances and adjustments3 5,138 - 191 - 964 5,137 Other 316 - 39 - 3 286 Other F.R. liabilities and capital 11,144 • 250 + 1,595 11,003 Total factors, other than reserve balances, absorbing reserwo funds 410,274 • 1,396 • 36,413 410,058 Reserve balances with F.R. Banks4 25,736 38 - 2,312 25,168 «• On September 14, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 398,335 million, a change of 4- $ 1,155 million for the week. 1 Net of $ 6,090 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,090 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,677 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,677 million was with foreign official and international accounts. Includes $ 10 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,005 million and adjustments of $ 133 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 Sep 14, 1994 Sep 7, 1994 Sep 15, 1993 ASSETS Gold certificate account 11,054 0 2 Special drawing rights certificate account 8,018 0 0 Coin 316 • 7 50 Loans 445 6 • 204 Acceptances 0 0 0 Federal agency obligations Bought outright 3,817 - 20 - 1,023 Held under repurchase agreements1 0 - 1,500 - 1,866 U.S. government securities Bought outright--Bills 172,672 • 1,879 • 19,676 Notes 141,389 0 • 13,092 Bonds 41,836 0 • 3,058 Total bought outright2 355,896 • 1,879 + 35,826 Held under repurchase agreements1 0 - 2,295 - 3,601 Total U.S. government securities 355,896 - 416 + 32,225 Total loans and securities 360,158 - 1,941 • 29,540 Items in process of collection (653) 5,627 3,912 - 583 Bank premises 1,066 0 • 21 Other assets3 31,623 + 155 • 215 TOTAL ASSETS (633) 417,863 - 5,691 •f 29,141 LIABILITIES Federal Reserve notes 365,500 1,113 + 34,858 Deposits Depository institutions 30,521 - 2,573 - 6,082 U.S. Treasury--general account 5,581 - 358 - 392 Foreign--official accounts 192 0 - 252 Other 286 - 41 - 67 Total deposits 56,580 - 2,972 - 6,793 Deferred availability cash items (635) 4,979 - 1,620 - 621 Other liabilities and accrued dividends4 3,428 - 90 + 1,077 TOTAL LIABILITIES (655) 410,287 - 5,796 • 28,521 CAPITAL ACCOUNTS Capital paid in 3,596 • 1 • 268 Surplus 3,401 + 2 + 348 Other capital accounts 578 + 102 + 5 * 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 $ 1,423 million was outstanding at the end of the latest statement week. 2 Net of $ 5,677 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 10 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 $ 93 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 14, 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 121 0 WWiitthhiinn 1155 ddaayyss 1177,,442299 652 1111 1,489 16 days to 90 days 324 0 1166 ddaayyss ttoo 9900 ddaayyss 8811,,008844 • 216 776699 11 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,887777 0 774411 • 20 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8877,,005522 0 11,,771122 40 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,111166 0 555599 0 OOvveerr 1100 yyeeaarrss 5544,,555599 0 2255 0 Total 445 0 TToottaall 555555,,889966 416 33,,881177 1,520 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 14, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San 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. 8,016 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 316 8 13 15 14 57 60 24 23 15 19 28 41 Loans 445 0 2 5 0 4 21 42 104 183 54 19 9 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,817 200 1,410 149 241 305 171 437 152 84 164 144 360 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 172,672 9,039 63,804 6,753 10,885 13,802 7,718 19,781 6,867 3,803 7,407 6,530 16,282 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 2,190 15,459 1,636 2,637 3,344 1,870 4,793 1,664 921 1,795 1,582 3,945 Total bought outright2 355,896 18,631 131,507 13,919 22,434 28,448 15,908 40,770 14,154 7,838 15,267 13,460 33,560 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 355,896 18,631 131,507 13,919 22,434 28,448 15,908 40,770 14,154 7,838 15,267 13,460 33,560 Total loans and securities 360,158 18,831 132,919 14,074 22,675 28,758 16,100 41,250 14,410 8,105 15,485 13,623 33,929 Items in process of collection 6,260 465 593 594 259 351 742 585 212 435 395 499 1,131 Bank premises 1,066 91 137 46 42 138 63 113 30 42 51 158 155 Other assets3 31,623 1,246 9,962 1,083 1,985 2,391 2,536 3,620 806 786 1,192 1,965 4,051 Interdistrict settlement account 0 -225 •6,011 +1,498 -736 -260 +1,456 -264 •2,474 -1,403 -1,752 -917 -5,882 TOTAL ASSETS 418,496 21,480 156,581 18,006 25,455 32,988 21,817 47,581 18,552 8,396 16,025 16,186 35,430 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 $ 1,423 million was outstanding at the end of the latest statement week. 2 Net of $ 5,677 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 10 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 $ 93 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 14, 1994 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 365,500 18,725 141,147 16,061 22,758 28,941 17,664 42,439 16,980 6,718 14,005 12,950 27,112 Deposits Depository institutions 30,321 1,883 5,769 1,144 1,758 2,714 2,609 3,234 1,052 944 1,193 2,194 5,828 U.S. Treasury—general account 5,581 0 5,581 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 192 5 91 5 9 9 13 16 3 4 5 10 21 Other 286 1 113 0 2 65 1 94 0 4 4 1 1 Total deposits 36,380 1,889 11,555 1,149 1,770 2,788 2,623 3,344 1,055 952 1,202 2,205 5,850 Deferred credit items 5,613 382 627 324 228 423 656 537 186 435 364 374 1,077 Other liabilities and accrued dividends1 3,428 190 1,143 159 184 276 192 395 147 89 173 151 330 TOTAL LIABILITIES 410,921^ 21,185 154,471 17,693 24,940 32,428 21,135 46,715 18,367 8,194 15,743 15,681 34,369 CAPITAL ACCOUNTS Capital paid in 3,596 138 985 149 246 265 332 411 85 96 133 247 509 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 578 34 156 50 46 66 29 65 26 14 21 12^ 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 418,496 21,480 156,581 18,006 25,455 32,988 21,817 47,581 18,552 8,396 16,025 16,186 35,430 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 445,668 24,162 166,990 17,970 26,111 35,947 23,268 49,305 19,564 8,348 15,745 16,844 41,413 Less--Held by F.R. Banks 80,168 5,436 25,842 1,909 3,353 7,006 5,604 6,866 2,584 1,630 1,741 3,894 14,301 F.R. notes, net 365,500 18,725 141,147 16,061 22,758 28,941 17,664 42,439 16,980 6,718 14,005 12,950 27,112 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 346,428 Total collateral 365,500 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