H.4.1 Factors Affecting Reserve Balances of Depository Institutions

£j£i2&;:. 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 November 17, 1994 Millions of dollars 1 Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended | Change froii week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteeaass Nov 16, 1994 Nov 9, 1994" Nov 17, 1993 Nov 16, 1994 Reserve Bank credit1 2 399,559 • 3,536 • 33,166 399,883 U.S. government securities Bought outright--systee account 358,166 ! • 3,225 • 31,044 358,817 Held under repurchase agreements 2,743 + 783 • 1,377 3,310 Federal agency obligations Bought outright 3,744 0 - 991 3,744 Held under repurchase agreements 807 + 464 • 686 850 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 40 - 202 • 38 16 Seasonal credit 164 - 24 • 93 163 Extended credit 0 0 0 0 Float 697 • 292 - 91 1,308 Other F.R. assets 33,199 - 1,001 • 1,010 31,676 Gold stock 11,052 0 - 3 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,814 14 • 838 22,814 Total factors supplying r»smr^m funds 441,443 3,££o • 34,002 441,768 Currency in circulation* 394,224 • 2,570 • 37,359 394,580 Treasury cash holdings* 371 • 8 • 1 397 Deposits, other than res%ry balances, with F.R. Banks Treasury 5,225 - 278 - 380 4,250 Foreign 181 • 15 - 339 184 Service-related balances and adjustments3 4,694 - 39 - 1,725 4,694 Other 318 - 5 • 17 331 Other F.R. liabilities and capital 11,755 - 467 + 2,447 11,567 Total factors, other than rmsmrym balances, absorbing r%sBc^m funds 416,769 ! • 1,804 • 37,381 416,002 Reserve balances with F.R. Banks4 24,674 | • 1,746 - 3,379 25,766 On November 16, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 412.438 million, a change of - $ 2,040 million for the week. 1 Net of $ 7,881 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,881 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,727 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,727 million was with foreign official and international accounts. Includes $ 168 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,434 million and adjustments of $ 260 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 Nov 16, 1994 Nov 9, 1994 Nov 17, 1993 ASSETS Gold certificate account 11,052 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 346 7 55 Loans 179 1,638 • 111 Acceptances 0 0 0 Federal agency obligations Bought outright 3,744 0 - 991 Held under repurchase agreements1 850 • 90 • 570 U.S. government securities Bought outright--Bills 176,121 • 2,096 4- 14,315 Notes 140,950 • 90 • 12,497 Bonds 41,746 - 90 • 3,192 Total bought outright2 358,817* • 2,096 • 30,005 Held under repurchase agreements1 3,310 • 2,910 + 2,498 Total U.S. government securities 362,127 • 5,006 • 32,503 Total loans and securities 366,899 * • 3,458 • 32,193 Items in process of collection (666) 7,325 • 1,829 • 443 Bank premises 1,070 0 • 20 Other assets3 30,649 - 1,998 + 839 TOTAL ASSETS (666) 425,358 • 3,282 • 33,437 LIABILITIES Federal Reserve notes 372,508 • 773 • 36,785 Deposits Depository institutions 30,459 • 3,171 - 3,399 U.S. Treasury--general account 4,250 - 2,022 - 2,455 Foreign--official accounts 184 + 22 - 55 Other 331 • 27 • 31 Total deposits 35,223 • 1,198 - 5,878 Deferred availability cash items (666) 6,060 • 1,196 • 296 Other liabilities and accrued dividends4 3,900 • 132 • 1,538 TOTAL LIABILITIES (666) 417,691 • 3,299 • 32,739 CAPITAL ACCOUNTS Capital paid in 3,646 0 • 294 Surplus 3,401 0 • 348 Other capital accounts 620 - 17 • 56 * 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 $ 7,727 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 168 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 $ 118 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, NOVEMBER 16, 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 167 0 WWiitthhiinn 1155 ddaayyss 16,914 • 309 403 • 402 16 days to 90 days 12 0 1166 ddaayyss ttoo 9900 ddaayyss 81,270 1,235 439 402 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111,904 • 2,806 850 • 100 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 87,746 718 1,510 93 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 27,036 • 1,325 518 7 OOvveerr 1100 yyeeaarrss 33,950 389 25 0 Total 179 0 TToottaall 358,820 • 2,098 3,745 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 NOVEMBER 16, 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 11,052 553 4,135 393 660 902 542 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 346 15 19 12 17 56 62 27 22 21 23 32 38 Loans 179 1 0 4 0 3 5 11 26 92 28 2 7 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agenc^ obligations Bought outright 3,744 196 1,383 146 236 299 167 429 149 82 161 142 353 Held under repurchase agreements1 850 0 850 0 0 0 0 0 0 0 0 0 0 U.S. governnent securities Bought outright--Bills 176,121 9,220 65,078 6,888 11,102 14,078 7,872 20,176 7,004 3,879 7,555 t>,661 16,608 Notes 140,950 7,379 52,083 5,513 8,885 11,267 6,300 16,147 5,606 3,104 6,046 5,331 13,291 Bonds 41,746 2,185 15,425 1,633 2,631 3,337 1,866 4,782 1,660 919 1,791 1,579 3,936 Total bought outright2 358,817 18,784 132,586 14,033 22,619 28,682 16,038 41,105 14,270 7,902 15,392 13,570 33,836 Held under repurchase agreements1 3,310 0 3,310 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 362,127 18,784 135,896 14,033 22,619 28,682 16,038 41,105 14,270 7,902 15,392 13,570 33,836 Total loans and securities 366,899 18,981 138,130 14,184 22,855 28,984 16,210 41,545 14,445 8,076 15,581 13,714 34,195 Items in process of collection 7,990 446 958 501 430 512 980 726 295 558 523 572 1,488 Bank premises 1,070 92 137 46 43 137 63 113 30 44 52 158 156 Other assets3 30,649 1,185 9,682 1,042 1,927 2,295 2,475 3,514 761 760 1,143 1,924 3,941 Interdistrict settlement account 0 -1,497 •3,984 +2,129 + 18 -826 +2,252 -1,287 +3,967 -1,743 -1,724 -1,524 -3,750 TOTAL ASSETS 426,024 20,286 159,853 18,611 26,506 32,712 22,904 46,890 20,118 8,132 16,232 15,706 38,075 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 $ 7,727 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 168 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 $ 118 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 NOVEMBER 16, 1994 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 372,508 17,796 144,480 16,507 23,155 28,850 17,496 41,3/0 18,574 6,531 14,032 12,924 30,793 Deposits Depository institutions 30,459 1,583 6,585 1,236 2,329 2,405 3,659 3,457 972 751 1,232 1,683 4,567 U.S. Treasury--general account 4,250 0 4,250 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 184 5 83 5 9 9 13 16 3 4 5 10 21 Other 330 0 129 1 2 66 2 119 0 3 2 3 2 Total deposits 35,223 1,589 11,047 1,242 2,340 2,481 3,674 3,592 976 758 1,239 1,697 4,590 Deferred credit items 6,725 400 768 376 262 489 853 627 225 545 486 419 1,276 Other liabilities and accrued dividends1 3,900 207 1,413 168 231 297 204 429 158 94 183 156 360 TOTAL LIABILITIES 418,357 19,991 157,707 18,293 25,988 32,117 22,227 46,018 19,933 7,928 15,941 15,195 37,018 CAPITAL ACCOUNTS Capital paid in 3,646 138 996 151 247 284 341 414 85 98 137 248 508 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 620 34^ 182 53 47^ 83 16^ 69 26 15^ 26 17^ 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 426,024 20,286 159,853 18,611 26,506 32,712 22,904 46,890 20,118 8,132 16,232 15,706 38,075 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 452,030 23,591 169,893 18,169 26,699 35,784 23,043 47,980 21,324 8,168 15,674 17,199 44,507 Less--Held by F.R. Banks 79,522 5,796 25,414 1>662 3,544 6,934 5,547 6,609 2,750 1,637 1,641 4,275 13,714 F.R. notes, net 372,508 17,796 144,480 16,507 23,155 28,850 17,496 41,370 18,574 6,531 14,032 12,924 30,793 Collateral h«ld against F.R. notes Gold certificate account 11,052 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 353,438 Total collateral 372,508 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