H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-^S»&V- 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 October 20, 1994 Millions of dollars Averages oi daily fiL gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 19, 1994 Oct 12, 1994 Oct 20, 1993 Oct 19, 1994 Reserve Bank credit1 2 394,471 - 1,781 + 30,587 395,360 U.S. government securities Bought outright--system account 353,754 - 2,457 + 33,187 353,103 Held under repurchase agreements 1,791 + 739 - 1,904 4,180 Federal agency obligations Bought outright 3,762 - 31 - 1,033 3,762 Held under repurchase agreements 161 - 398 - 374 375 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 - 2 - 8 11 Seasonal credit 348 - 34 • 146 326 Extended credit 0 0 0 0 Float 765 4- 304 • 246 -235 Other F.R. assets 33,880 + 98 + 327 33,839 Gold stock 11,054 0 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,758 + 14 + 855 22,758 Total factors supplying reserve funds 436,301 - 1,768 ^ 31,441 437,190 Currency in circulation* 389,572 + 75 + 35,491 389,807 Treasury cash holdings* 367 - 1 - 20 372 Deposits, other than reserve balances, with F.R. Banks Treasury 5,112 - 482 - 643 5,510 Foreign 177 - 14 - 95 170 Service-related balances and adjustments3 4,705 - 351 - 1,594 4,705 Other 346 + 7 + 43 280 Other F.R. liabilities and capital 11,420 - 431 + 1,940 11,247 Total factors, other than reserve balances, absorbing reserve funds 411,6^9 1,197 + 35,123 412,091 Reserve balances with F.R. Banks* 24,602 - 571 - 3,682 25,100 On October 19 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 402,593 million, a change of + $ 2,037 million for the week. 1 Net of $ 7,400 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,400 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 7,492 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,492 million was with foreign official and international accounts. Includes $ 0 million securities Ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,596 million and adjustments of 5 109 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 Wednesday Wednesday Wednesday Oct 19, 1934 Oct 12, 1994 Oct 20, 1993 ASSETS Gold certificate account 11,053 2 Special drawing rights certificate account 8,018 0 Coin 350 55 Loans 337 + 65 Acceptances 0 0 Federal agency obligations Bought outright 3,762 0 1,008 Held under repurchase agreements1 375 375 + 37 U.S. government securities Bought outright--Bills 170,857 157 • 17,236 Notes 140,410 979 • 12,232 Bonds 41,836 0 + 3,058 Total bought outright2 353,103 822 + 32,576 Held under repurchase agreements1 4,180 4,180 + 585 Total U.S. government securities 357,283 3,358 • 33,161 Total loans and securities 361,757 3,687 • 32,255 Items in process of collection (725) 5,629 4,455 778 Bank premises 1,070 1 22 Other assets3 32,760 123 310 TOTAL ASSETS (725) 420,638 891 31,751 LIABILITIES Federal Reserve notes 367,771 988 35,230 Deposits Depository institutions 30,557 2,527 5,603 U.S. Treasury--general account 5,510 438 630 Foreign--official accounts 170 5 102 Other 280 47 5 Total deposits 36 ,51b 2,973 5,079 Deferred availability cash items (725) 5 ,103 2,942 356 Other liabilities and accrued dividends4 3 ,608 43 1,306 TOTAL LIABILITIES (725) 412,999 914 31,101 CAPITAL ACCOUNTS Capital paid in 3,639 21 306 Surplus 3,401 0 348 Other capital accounts 5<*9 1 3 * 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 $ 7,492 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 million securities loaned-fuliy 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 $ 110 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, OCTOBER 19, 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 ss gency Loans Acceptances! securities obligat ions Weekly Weekly Holdings Holdings changes charges Within 15 days 305 Within 15 days 19,951;* S,7h2\ 512; 494 16 days to 90 days 32 16 days to 90 days 84,550;+ 4 ,186\ 661 • 119 Over 90 days 0 91 days to 1 yesar 104,493j- 4,130| 72S! 0 Over 1 year to 5 years 38,239;- 55; X .>*7->i 0 Over 5 years to 10 years 25,711j- 40i i 535^ 0 Over 10 years 34,339; o| -5| 0 Total 337 Total 357,283;+ 3,353: 375 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 OCTOBER 19, 1994 Millions of dollars Kansas San Total BBoossttoonn New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,053 555533 4,136 393 660 902 542 1,217 429 230 436 453 1,102 Special drawing rights ceriif. acct. 8,016 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 350 12 18 lb 19 61 68 28 23 19 21 29 38 Loans 337 0 0 7 0 3 18 28 73 145 44 15 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,762 197 1,390 147 237 301 168 431 150 83 161 142 355 Held under repurchase agreements1 375 0 375 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 170,857 8,944 63,133 6,682 10,770 13,657 7,637 19,573 6,795 3,763 7,329 6,462 16,111 Notes 140,410 7,350 51,883 5,491 8,851 11,224 6,276 16,085 5,584 3,092 6,023 5,310 13,240 Bonds 41,836 2,190 15,459 1,636 2,637 3,344 1,870 4,793 l,6t>4 921 1,795 1,582 3,945 Total bought outright2 353/103" 18,484 130,475 13,810" 22,258 28,225 157783 40,450 14,043 7,776 15,147 13,354" 33,297 Held under repurchase agreements1 4,180 0 4,180 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 3577283 187484" 134,655 13,810" 22,258 28,225" 157783 40,450 14,043 7,776^ 15,147 13,354" 337297 Total loans and securities 361,757 18j681~ "136,420 13,964 22,496 28,529 15,969 14,266 8,004 15,352 13,512 33,654 Items in process of collection 6,354 378 733 459 201 387 823 643 259 503 457 377 1,133 Bank premises 1,070 92 137 46 43 138 63 113 30 42 51 159 155 Other assets3 32,760 1,291 10,391 1,119 2,054 2,463 2,603 3,755 838 810 1,233 2,024 4,179 Interdistrict settlement account 0 --115511 ++22,,998800 ••22,,003377 --110066 --664444 ••11,,664488 --336699 +4,129 -1,779 -1,367 -1,024 -5,352 TOTAL ASSETS 421,363 """"2211,,336688"" 118877333366 2255 77992233 3322,,448888 2222,,003333 4477,,333311 20,142 8,016 16,383 15,907 35,813 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 $ 7,402 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 million securities loaned-tully 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 $ 110 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 OCTOBER 19, 1994 Millions of dollars Kansas San Total Boston New York PPhhiillaaddeellpphhiiaa Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 367,771 18,165 141,874 16,000 23,282 28,393 17,110 41,705 18,517 6,574 14,130 13,321 28,703 Deposits Depository institutions 30,557 2,379 6,091 1,447 1,677 2,732 3,273 3,654 1,076 640 1,364 1,553 4,670 U.S. Treasury--general account 5,510 0 5,510 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 170 5 69 5 9 9 13 16 3 4 5 10 21 Other 280 11 7766 11 7788 11 111111 00 33 44 22 1 Total deposits 36,516 22,,338855 1111,,774466 11,,445533 TT77668888 2277882200 33,,228877 33,,778822 11,,007799"" 664466 11,,337733 11,,556655 4,692 Deferred credit items 5,828 327 603 408 220 419 745 577 213 505 421 366 1,023 Other liabilities and accrued dividends1 3,608 194 1,261 160 218 280 197 400 148 89 173 114477 340 TOTAL LIABILITIES 413,724 21,072 155,484 18,021 25,408 31,912 21,339 46,464 19,957 7,814 16,098 1155,,339988 34,758 CAPITAL ACCOUNTS Capital paid in 3,639 138 996 151 24b 284 339 412 85 97 134 247 509 Surplus 3,401 123 9b9 114 224 228 320 390 74 91 128 246 495 Other capital accounts 599 35 175 50 45 64 35 66 26 14 23 16 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 421,363 21,368 157, t>23 18,336 25,923 32,488 22,033 47,331 20,142 8,016 16,383 15,907 35,813 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 449,559 23,915 168,031 17,901 26,693 35,564 23,045 48,428 21,260 8,272 15,796 17,447 43,208 Less--Held by F.R. Banks 81,787 5,750 26,157 1,901 3,411 7,171 5,935 6,723 2,743 1,698 1,666 4,126 14,506 F.R. notes, net 367,771 18,165 141,874 16,000 23,282 28,393 17,110 41,705 18,517 6,574 14,130 13,321 28,703 Collateral held against F.R. notes Gold certificate account 11,053 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 348,700 Total collateral 367,771 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