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 29, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frow week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 28, 1994 Sep 21, 1994 "Sep-29, 1993 Sep 28, 1994 Reserve Bank credit1 2 391,797 - 1,192 + 25,142 387,945 U.S. government securities Bought outright--system account 353,810 - 1,167 + 33,353 349,846 Held under repurchase agreements 0 0 - 7,284 0 Federal agency obligations Bought outright 3,812 - 5 - 1,012 3,806 Held under repurchase agreements 0 0 - 570 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 94 + 34 • 72 92 Seasonal credit 472 + 29 + 213 478 Extended credit 0 0 0 0 Float 492 - 365 + 508 553 Other F.R. assets 33,117 + 282 - 138 33,170 Gold stock 11,054 0 - 2 11,054 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,716 + 14 + 858 22,716 Total factors supplying reserve funds 433,586 - 1,178 + 25,998 429,734 Currency in circulation* 385,137 - 724 + 34,774 386,277 Treasury cash holdings* 365 - 18 - 12 363 Deposits, other than reserve balances, with F.R. Banks Treasury 6,195 - 1,172 - 3,909 6,658 Foreign 229 + 50 + 20 399 Service-related balances and adjustments3 5,098 - 6 - 1,097 5,098 Other 300 - 31 - 34 256 Other F.R. liabilities and capital 11,384 + 233 • 1,819 11,181 Total factors, other than reserve balances, absorbing reserve funds 408,708 - 1,669 + 31,560 410,234 Reserve balances with F.R. Banks4 24,878 + 491 - 5,563 19,500 On September 28, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 398,798 million, a change of - $ 2,244 million for the week. 1 Net of $ 7,764 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,114 miilion was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 11727 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,177 million was with foreign official and international accounts. Includes $ 837 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,908 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 Wednesday Sep 28, 1994 Sep 21, 1994 Sep 29, 1993 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 339 + 6 39 Loans 570 190 + 301 Acceptances 0 0 0 Federal agency obligations Bought outright 3,806 11 - 999 Held under repurchase agreements1 0 0 - 1,621 U.S. government securities Bought outright--Bills ! 166,621 4,650 • 14,552 Notes 141,389 I 0 + 12,892 Bonds 41,836 0 + 3,058 Total bought outright2 349,846 - 4,650 + 30,502 Held under repurchase agreements1 0 00 __ 7,594 Total U.S. government securities 349,846 11 44,,665500 22,908 Total loans and securities 354,222 - 4,851 • 20,590 - Items in process of collection (515) 5,037 1,022 + 36 Bank premises 1,068 + 1 + 21 Other assets3 32,139 + 275 - 252 TOTAL ASSETS (J515) 411,876 - 5,591 + 20,353 LIABILITIES Federal Reserve notes 364,263 + 195 + 34,508 Deposits Depository institutions 24,701 - 1,157 - 10,754 U.S. Treasury--general account 6,658 - 4,701 - 4,781 Foreign--official accounts 399 + 212 + 105 Other 256 - 43 - 91 Total deposits 32,014 - 5,689 - 15,521 Deferred availability cash items (515) 4,417 - 330 - 416 Other liabilities and accrued dividends4 I 3,607 + 210 + 1,190 TOTAL LIABILITIES (515) 404,302 - 5,615 + 19,761 CAPITAL ACCOUNTS Capital paid in , 3,607 + 3 •»• 276 Surplus 3,401 0 + 348 Other capital accounts 566 • 21 - 32 * 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 $ 11,727 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 837 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 $ 107 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 28, 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 510 0 WWiitthhiinn 1155 ddaayyss 99,,778811 8,510 223300 + 19 16 days to 90 days 60 0 1166 ddaayyss ttoo 9900 ddaayyss 8822,,884488 178 554466 23 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,771100 + 4,038 778800 • 39 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8877,,005522 0 11,,666666 46 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,111166 0 555599 0 OOvveerr 1100 yyeeaarrss 3344,,333399 0 2255 0 Total 570 0 TToottaall 334499,,884466 4,650 33,,880066 11 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 28, 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 339 11 14 18 15 61 66 25 23 16 20 29 41 Loans 570 13 0 12 0 4 30 57 131 213 67 19 23 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,806 199 1,406 149 240 304 170 436 151 84 163 144 359 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 166,621 8,722 61,568 6,517 10,503 13,319 7,448 19,088 6,627 3,669 7,147 6,302 15,712 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 33,,334444 11,,887700 44,,779933 11,,666644 992211 11,,779955 11,,558822 3,945 Total bought outright2 349,846 18,314 129,272 13,683 22,053 2277,,996655 1155,,663377 4400,,007777 1133,,991133 77,,770055 1155,,000077 1133,,223311 32,990 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 349,846 18,314 129,272 13,683 22,053 27,965 15,637 40,077 13,913 7,705 15,007 13,231 32,990 Total loans and securities 354,222 18,526 130,678 13,843 22,293 28,273 15,837 40,570 14,196 8,001 15,238 13,394 33,372 Items in process of collection 5,551 387 668 447 254 223 734 563 228 385 356 362 944 Bank premises 1,068 92 137 46 42 139 63 113 30 42 51 159 156 Other assets3 32,139 1,268 10,156 1,102 2,017 2,433 2,556 3,691 824 796 1,211 1,989 4,096 Interdistrict settlement account 0 -1,259 +8,080 +1,563 -1,166 -841 +1,777 -1,237 +3,531 -1,740 -1,849 -379 -6,480 TOTAL ASSETS 412,391 20,088 156,678 17,715 24,672 31,841 21,893 45,979 19,430 7,916 15,661 16,384 34,133 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 Met of $ 11,727 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 837 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 $ 107 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 28, 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 364,263 18,091 140,560 15,952 22,627 28,385 17,656 41,598 17,952 6,579 13,805 13,575 27,485 Deposits Depository institutions 24,701 1,211 5,213 1,007 1,075 2,152 2,798 2,499 944 650 1,055 1,801 4,294 U.S. Treasury--general account 6,658 0 6,658 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 399 5 298 5 9 9 13 16 3 4 5 10 21 Other 256 1 74 1 2 58 1 108 0 4 4 1 2 Total deposits 32,014 1,217 12,243 1,013 1,087 2,220 2,812 2,623 948 658 1,064 1,813 4,316 Deferred credit items 4,932 287 556 273 226 378 544 489 193 384 332 337 932 Other liabilities and accrued dividends1 3,607 198 1,200 163 223 290 119988 440088 115522 9933 117799 115511 352 TOTAL LIABILITIES 404,816 19,793 154,559 17,401 24,162 31,273 2211,,221100 4455,,111188 1199,,224455 77,,771155 1155,,337799 1155,,887766 33,085 CAPITAL ACCOUNTS Capital paid in 3,607 138 992 151 246 265 334 411 85 96 133 246 509 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 566^ 34 158 50 41 75 29 _ 61 25 14 21 15 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 412,391 20,088 156,678 17,715 24,672 31,841 21,893 45,979 19,430 7,916 15,661 16,384 34,133 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 448,609 24,081 167,724 17,913 26,160 35,772 23,608 48,675 20,700 8,304 15,626 17,654 42,391 Less--Held by F.R. Banks 84,346 5,990 27,164 1,961 3,533 7,387 5,952 7,077 2,748 1,725 1,821 4,080 14,906 F.R. notes, net 364,263 18,091 140,560 15,952 22,627 28,385 17,656 41,598 17,952 6,579 13,805 13,575 27,485 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 345,191 Total collateral 364,263 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