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.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks September 22, 1994 Millions of dollars Averages oi daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 21, 1994 Sep 14, 1994 Sep 22, 1993 Sep 21, 1994 Reserve Bank credit1 2 392,989 - 1,283 + 26,365 393,150 U.S. government securities Bought outright--system account 354,977 - 507 + 34,323 354,496 Held under repurchase agreements 0 - 309 - 6,567 0 Federal agency obligations Bought outright 3,817 - 11 - 1,023 3,817 Held under repurchase agreements 0 - 1,000 - 671 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 60 + 51 - 66 301 Seasonal credit 443 + 19 + 209 459 Extended credit 0 0 0 0 Float 857 + 316 + 432 1,111 Other F.R. assets 32,836 + 158 - 274 32,967 Gold stock 11,054 0 - 2 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,688 + 14 + 842 22,688 Total factors supplying reserve funds 434,749 - 1,269 _ 27,204 434,910 Currency in circulation* 385,846 - 1,712 + 34,979 386,058 Treasury cash holdings* 384 + 13 + 10 366 Deposits, other than reserve balances, with F.R. Banks Treasury 7,367 + 1,791 - 9,615 11,359 Foreign 179 + 8 - 3 188 Service-related balances and adjustments3 5,105 - 33 - 1,004 5,105 Other 331 + 15 - 5 300 Other F.R. liabilities and capital 11,151 + 7 + 1,705 10,948 Total factors, other than reserve balances, absorbing reserve funds 410,362 + 88 + 26,066 414,323 Reserve balances with F.R. Banks4 24,387 - 1,357 + 1,138 20,587 On September 21, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 401,042 million, a change of + $ 2,707 million for the week. 1 Net of $ 6,597 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6.597 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,077 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,077 million was with foreign official and international accounts. Includes $ 86 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,915 million and adjustments of $ 190 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 i Wednesday Sep 21, 1994 Sep 14, 1994 Sep 22, 1993 ASSETS Gold certificate account 11,054 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 333 + 16 44 Loans 759 + 314 + 438 Acceptances 0 0 0 Federal agency obligations Bought outright 3,817 0 - 1,023 Held under repurchase agreements1 0 0 - 1,506 U.S. government securities Bought outright--Bills 171,272 1,400 + 18,059 Notes 141,389 0 + 13,092 Bonds 41,836 0 + 3,058 Total bought outright2 354,496 - 1,400 + 34,209 Held under repurchase agreements1 0 0 - 22,036 Total U.S. government securities 354,496 - 1,400 • 12,173 Total loans and securities 359,072 - 1,086 + 10,083 Items in process of collection (560) 6,059 + 432 - 219 Bank premises 1,067 + 1 + 21 Other assets3 31,864 + 241 - 1,531 TOTAL ASSETS (560) 417,467 - 396 • 8,308 LIABILITIES Federal Reserve notes 364,069 1,432 + 34,515 Deposits Depository institutions 25,857 - 4,463 - 12,003 U.S. Treasury--general account 11,359 + 5,777 - 15,536 Foreign--official accounts 188 - 5 - 23 Other 300 + 14 - 33 Total deposits 37,703 + 1,323 - 27,595 Deferred availability cash items (560) 4,747 - 232 - 177 Other liabilities and accrued dividends4 3,398 - 30 + 1,011 TOTAL LIABILITIES (560) 409,917 - 370 + 7,754 CAPITAL ACCOUNTS Capital paid in 3,605 + 8 + 275 Surplus 3,401 0 ! + 348 Other capital accounts 545 - 34 - 68 * 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 $ 7,077 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 86 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 $ 105 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 21, 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 708 0 WWiitthhiinn 1155 ddaayyss 1188,,229900 + 862 211 + 200 16 days to 90 days 52 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,002266 + 1,942 569 200 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110055,,667722 4,204 741 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8877,,005522 0 1,712 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,111166 0 559 0 OOvveerr 1100 yyeeaarrss 3344,,333399 0 25 0 Total 759 0 TToottaall 335544,,449966 1,400 3,817 0 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 21, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis 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 333 8 13 16 14 61 64 26 24 15 20 29 42 Loans 759 2 0 12 0 4 27 329 109 188 60 21 8 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 171,272 8,966 63,287 6,698 10,796 13,691 7,655 19,620 6,812 3,772 7,347 6,477 16,150 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 Bondfi 41,83* 2,190 IS,4** 1,63* 2,637 3,344 1,570 4 ,7*3 1,664 •21 1,7*6 1,*32 3,941 Total bought outright2 354,496 18,557 ""140,990 13,864 ~22,S46r 26,-536 "1B/84S 40,610 "l4,v98 7,80? 1£,26? UM1 35,42* Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 354,496 18,557 130,990 13,864 22,346 28,336 15,845 40,610 14,098 7,807 15,207 13,407 33,428 Total loans and securities 359,072 18,759 132,400 14,026 22,587 28,646 16,043 41,376 14,359 8,079 15,430 13,573 33,796 Items in process of collection 6,619 376 798 556 258 354 751 776 242 426 407 402 1,272 Bank premises 1,067 91 137 46 42 139 63 113 30 42 51 158 155 Other assets3 31,864 1,254 10,064 1,090 1,999 2,410 2,540 3,656 815 788 1,199 1,977 4,072 Interdistrict settlement account 0 -1,151 +10,128 +1,198 -173 -1,497 +1,362 -867 +3,207 -1,861 -1,967 -1,040 -7,340 TOTAL ASSETS 418,028 20,401 160,485 17,628 25,943 31,665 21,682 47,333 19,275 7,906 15,776 15,930 34,004 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 $ 7,077 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 86 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 $ 105 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 21, 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 364,069 18,529 141,541 15,954 22,563 28,373 17,093 42,061 17,558 6,672 13,900 13,093 26,732 Deposits Depository institutions 25,857 1,055 3,537 905 2,417 1,989 3,073 3,396 1,184 521 1,058 1,825 4,897 U.S. Treasury--general account 11/359 0 11,359 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 300 1 118 1 2 62 1 105 0 4 4 1 1 Total deposits 37,703 1,061 15,100 910 2,429 2,060 3,087 3,518 1,187 529 1,067 1,836 4,918 Deferred credit items 5,308 331 594 294 255 403 631 501 201 416 356 350 975 Other liabilities and accrued dividends1 3,398 186 1,125 156 211 275 188 387 144 88 169 143 325 TOTAL LIABILITIES 410,477 20,106 158,361 17,315 25,457 31,111 20,999 46,468 19,090 7,704 15,492 15,423 32,951 CAPITAL ACCOUNTS Capital paid in 3,605 138 992 149 246 265 334 411 85 96 133 246 509 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 545 34_ 163 50 17^ 61 30 65 26 14 22 15 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 418,028 20,401 160,485 17,628 25,943 31,665 21,682 47,333 19,275 7,906 15,776 15,930 34,004 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 447.485 24,341 17,952 26,133 35,856 22,988 49,150 20,280 8,336 15,712 17,191 41,562 Less--Held by F.R. Banks 83,417 5,812 26,444 1,997 3,570 7,483 5,896 7,088 2,722 1,664 1,812 4,098 14,830 F.R. notes, net 364,069 18,529 141,541 15,954 22,563 28,373 17,093 42,061 17,558 6,672 13,900 13,093 26,732 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 344,997 Total collateral 364,069 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