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 October 27, 1994 Millions of dollars Averages of da ily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Chang e from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 26, 1994 Oct 19, 1994 Oct 17, 1993 Oct 26, 1994 Reserve Bank credit1 2 394,793 + 322 + 31,459 395,845 U.S. government securities Bought outright--system account 353,467 - 286 + 32,204 356,241 Held under repurchase agreements 2,211 + 420 - 410 1,139 Federal agency obligations Bought outright 3,757 - 5 - 998 3,744 Held under repurchase agreements 448 + 287 + 125 500 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 32 + 22 + 19 82 Seasonal credit 303 - 45 + 127 288 Extended credit 0 0 0 0 Float 581 - 183 - 1 -185 Other F.R. assets 33,994 + 113 + 391 34,037 Gold stock 11,053 - 1 - 2 11,053 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,772 + 14 * 854 22,772 Total factors supplying reserve funds 436,636 _ 336 _ 32,310 437,689 Currency in circulation* 388,763 - 809 + 35,870 389,675 Treasury cash holdings* 371 + 4 - 12 363 Deposits, other than r&serye balances, with F.R. Banks Treasury 5,078 - 35 - 52 5,912 Foreign 176 - 1 - 231 178 Service-related balances and adjustments3 4,720 + 16 - 1,635 4,720 Other 325 - 21 + 57 320 Other F.R. liabilities and capital 11,672 + 252 + 2,120 11,452 Total factors, other than reserve balances, absorbing reserve funds 411,105 - 594 + 36,117 412,620 Reserve balances with F.R. Banks4 25,531 • 930 - 3,807 25,069 On October 26, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 406989 million, a change of 4- $ 4,396 million for the week. 1 Net of $ 7,127 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,127 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,354 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,354 million was with foreign official and international accounts. Includes $ 120 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,591 million and adjustments of $ 129 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 Oct 26, 1994 Oct 19, 1994 Oct 27, 1993 ASSETS Gold certificate account 11,053 1 2 Special drawing rights certificate account 8,018 0 0 Coin 348 2 53 Loans 370 + 33 + 190 Acceptances 0 0 0 Federal agency obligations Bought outright 3,744 - 18 - 991 Held under repurchase agreements1 500 + 125 + 183 U.S. government securities Bought outright--Bills 173,995 + 3,137 + 18,998 Notes 140,410 0 + 12,282 Bonds 41,836 0 + 3,058 Total bought outright2 356,241 + 3,137 + 34,338 Held under repurchase agreements1 1,130 - 3,041 + 448 Total U.S. government securities 357,380 + 96 + 34,786 Total loans and securities 361,994 + 236 + 34,168 Items in process of collection (565) 5,113 - 516 - 404 Bank premises 1,071 + 1 + 23 Other assets3 33,011 + 251 + 294 TOTAL ASSETS (565) 420,608 - 29 + 34,027 LIABILITIES Federal Reserve notes 367,614 157 + 35,808 Deposits Depository institutions 30,438 - 119 - 4,136 U.S. Treasury--general account 5,912 + 402 • 882 Foreign--official accounts 178 + 9 - 305 Other 320 + 40 + 40 Total deposits 36,848 + 332 - 3,518 Deferred availability cash items (565) 4,695 - 408 - 335 Other liabilities and accrued dividends4 3,775 + 167 + 1,378 TOTAL LIABILITIES (565) ! 412,931 - 67 + 33,333 CAPITAL ACCOUNTS Capital paid in 3,641 + 2 + 306 Surplus 3,401 0 + 348 Other capital accounts 634 + 36 + 40 * 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 $ 2.842 million was outstanding at the end of the latest statement week. 2 Net of $ 4,354 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 120 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 $ 122 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 26, 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 , ,. I Weekly Holdings uHoldings | changes changes Within 15 days 342 0 WWiitthhiinn 1155 ddaayyss 16,161 3,790 619 • 107 16 days to 90 days 29 0 1166 ddaayyss ttoo 9900 ddaayyss 84,387 164 683 + 22 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 108,543 + 4,050 789 + 61 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 88,239 0 1,603 73 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 25,711 0 525 10 OOvveerr 1100 yyeeaarrss 34,339 0 25 o Total 370 0 TToottaall 357,380 + 96 4,24<* + 107 1 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 26, 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 11,053 553 4,13b 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 348 14 17 15 18 60 66 26 23 20 22 32 35 Loans 370 0 0 56 0 0 16 20 68 136 46 12 15 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,744 196 1,383 146 236 299 167 429 149 82 161 142 353 Held under repurchase agreements1 500 0 500 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 173,995 9,108 64,293 6,805 10,968 13,908 7,777 19,932 6,920 3,832 7,464 6,580 16,407 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 1155,,445599 11,,663366 22,,663377 33,,334444 11,,887700 44,,779933 11,,666644 992211 11,,779955 11,,558822 3,945 Total bought outright2 356,241 18,649 11331177663344 1133,,993333 2222,,445566 2288,,447766 1155,,992233 4400,,881100 1144,,116688 77,,884455 1155,,228811 1133,,447733 33,593 Held under repurchase agreements1 1.139 0 11,,113399 000 000 000 000 000 000 000 000 000 0 Total U.S. govt, securities 357,380 18,649 113322,,777733 111333777999333333 222222,,,444555666 222888,,,444777666 111555777999222333 444000,,,888111000 111444,,,111666888 777,,,888444555 111555,,,222888111 111333,,,444777333 33,593 Total loans and securities 361,994 18,845 134,657 111444,,,111333555 ~~~ 222222,,,666999222 222888,,,777777666 111666,,,111000666 444111,,,222555999 111444,,,333888555 888,,,000666333 111555,,,444888888 111333,,,666222777 33,961 Items in process of collection 5,678 340 713 420 243 336 650 562 193 401 407 386 1,027 Bank premises 1,071 92 137 46 43 139 63 113 30 43 51 158 156 Other assets3 33,011 1,304 10,458 1,133 2,070 2,484 2,615 3,798 848 817 1,244 2,035 4,204 Interdistrict settlement account 0 --11,,118844 +5,261 +1,651 -879 --884466 ++22,,220033 --11,,442266 ++33,,991100 --11,,335555 --11,,998811 --992277 -4,426 TOTAL ASSETS 1 421,174 2200,,447744 158,187 18,097 25,404 3322,,550022 2222,,556633 4466,,558855 1199,,998855 88,,440066 1155,,886666 1166,,114411 36,963 1 Does not include US government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 2,842 million was outstanding at the end of the latest statement week. 2 Net of $ 4,354 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 120 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 $ 122 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 26, 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 367,614 17,920 141,507 16,045 22,976 28,453 17,676 41,251 18,436 6,486 13,928 13,232 29,704 Deposits Depository institutions 30,438 1,739 6,540 1,258 1,440 2,720 3,344 3,386 1,024 1,201 1,101 1,873 4,813 U.S. Treasury--general account 5,912 0 5,912 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 178 5 78 5 9 9 13 16 3 4 5 10 21 Other 320 1 133 1 2 52 1 123 0 3 1 1 1 Total deposits 36,848 ' 1,744 12,662 1,263 1,452 2,782 3,358 3,525 1,027 1,208 1,108 1,884 4,835 Deferred credit items 5,260 310 588 302 224 365 630 520 180 413 362 361 1,005 Other liabilities and accrued dividends1 3,775 203 1,297 116677 223322 229966 220066 420 157 9966 118844 115555 363 TOTAL LIABILITIES 413,497 20,177 156,053 1177,,777788 2244,,888844 3311,,889966 2211,,886699 45,717 19,800 88,,220033 1155,,558822 1155,,663322 35,906 CAPITAL ACCOUNTS Capital paid in 3,641 138 996 151 247 284 340 412 85 97 135 248 509 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 634 35 169 54 50 94 35 67 25 14 21 15 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 421,174 20,474 158,187 18,097 25,404 32,502 22,563 46,585 19,985 8,406 15,866 16,141 36,963 FEDERITTRESERVE AGENTS•n^c^uNTs F.R. notes outstanding 449,975 23,781 167,423 18,007 26,524 35,772 23,674 48,135 21,166 8,181 15,691 17,447 44,174 Less--Held by F.R. Banks 82,361 5,861 25,916 1,962 3,548 7,319 5,998 6,884 2,731 1,694 1,762 4,215 14,470 F.R. notes, net 367,614 17,920 141,507 16,045 22,976 28,453 17,676 41,251 18,436 6,486 13,928 13,232 29,704 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 348,543 Total collateral 367,614 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