H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of eaci •f^f^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 25, 1994 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 23, 1994 ~No7 16, 1994 Nov 24, 1993 Nov 23, 1994 Reserve Bank credit1 2 400,684 + 1,125 + 30,314 403,153 U.S. government securities Bought outright--system account 359,509 + 1,343 • 31,754 359,627 Held under repurchase agreements 3,553 + 810 - 1,624 4,306 Federal agency obligations Bought outright 3,744 0 - 991 3,744 Held under repurchase agreements 1,193 + 386 + 743 2,050 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 57 + 17 + 46 338 Seasonal credit 140 - 23 • 75 131 Extended credit 0 0 0 0 Float 755 + 58 - 134 921 Other F.R. assets 31,734 - 1,465 + 443 32,037 Gold stock 11,052 0 - 2 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,828 + 14 + 832 22,828 Total factors supplying reserve funds 442,582 _ 1,139 _ 31,144 445,051 Currency in circulation* 394,192 - 32 + 36,918 395,796 Treasury cash holdings* 396 • 25 •f 28 1 391 Deposits, other than reserve balances, with F.R. Banks Treasury 4,821 - 405 - 1,151 1 4,532 Foreign 197 • 15 - 23 198 Service-related balances and adjustments3 4,544 - 150 - 1,671 4,544 Other 310 - 7 + 25 290 Other F.R. liabilities and capital 12,098 • 343 + 2,425 11,905 Total factors, other than reserve balances, absorbing resery& funds 416,557 - 211 • 36,552 417,656 Reserve balances with F.R. Banks4 26,025 • 1/351 - 5,408 27,395 On November 23, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 414,559 million, a change of 4- $ 2,123 million for the week. 1 Net of S 7,347 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,347 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 7,398 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,398 million was with foreign official and international accounts. Includes $ 440 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,427 million and adjustments of $ 117 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 8ANKS Millions of dollars ' Change since ** WWeeddnneessddaayy Wednesday Wednesday » ... Nov 23, 1994 Nov 16, 1994 Nov 24, 1993 ASSETS Gold certificate account 11,052 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 341 - 5 - 48 Loans 469 • 290 • 386 Acceptances 0 0 0 Federal agency obligations Bought outright 3,744 0 - 991 Held under repurchase agreements1 2,050 • 1,200 • 1,445 U.S. government securities Bought outright--Bills 176,931 • 810 • 16,690 Notes 140,950 0 • 12,497 Bonds 4411,,774466 0 ++ 3,192 Total bought outright2 335599,,662277 4- 810 ++ 32,380 Held under repurchase agreements1 4,306 • 996 - 2,122 Total U.S. government securities 363,933 + 1,806 • 30,258 Total loans and securities 370,195 + 3,296 • 31,098 Items in process of collection (598) 6,243 - 1,082 - 1,116 Bank premises 1,071 + 1 + 20 Other assets3 30,984 + 335 + 623 TOTAL ASSETS (598) 427,904 + 2,546 + 30,575 LIABILITIES Federal Reserve notes 373,700 + 1,192 • 36,202 Deposits Depository institutions 31,841 + 1,382 - 7,219 U.S. Treasury--general account 4,532 • 282 - 795 Foreign--official accounts 198 • 14 - 33 Other 290 - 40 • 9 Total deposits 36,862 + 1,638 - 8,039 Deferred availability cash items (598) 5,438 - 622 • 21 Other liabilities and accrued dividends4 4,197 + 297 + 1,687 TOTAL LIABILITIES (598) 420,197 + 2,505 + 29,871 CAPITAL ACCOUNTS Capital paid in 3,656 + 10 • 291 Surplus 3,401 0 • 348 Other capital accounts 650 + 30 + 6F * 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 $ 7,398 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 440 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 $ 112 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 23, 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 459 0 WWiitthhiinn 1155 ddaayyss 13,014 3,901 404 + 1 16 days to 90 days 10 0 1166 ddaayyss ttoo 9900 ddaayyss 85,653 • 4,383 439 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 112,232 • 328 850 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 87,746 0 1,510 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 27,036 0 518 0 OOvveerr 1100 yyeeaarrss 33,950 0 25 0 Total 469 0 TToottaall 359,631 • 811 3,746 • 1 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 NOVEMBER 23, 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 341 16 19 15 16 55 59 28 21 21 23 32 37 Loans 469 1 230 3 0 0 105 7 17 76 28 1 2 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 2,050 0 2,050 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 176,931 9,262 65,378 6,920 11,153 14,143 7,908 20,269 7,037 3,897 7,590 6,691 16,684 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 359,627 18,826 132,885 14,065 22,670 28,747 16,074 41,19*8 14,302 7,920 15,427 13,601 33,912 Held under repurchase agreements1 4,306 0 4,306 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 363,933T 18,826 137,192 14,065 22,670 28,747 16,074 41,198" 14,302 7,920 15,427 13,601 33,912 Total loans and securities 370,195 19,023 140,855 14,214 22,906 29,046 16,347 41,633 14,468 8,078 15,615 13,743 34,267 Items in process of collection 6,841 404 924 519 317 507 756 637 330 493 370 452 1,131 Bank premises 1,071 92 137 46 43 137 63 113 30 44 52 158 156 Other assets3 30,984 1,196 9,861 1,047 1,928 2,314 2,487 3,538 786 763 1,152 1,934 3,978 Interdistrict settlement account 0_ -1,358 •3,164 •2,154 -627 -602 •1,735 -1,059 +3,969 -1,134 -1,723 -996 -3,524 TOTAL ASSETS 428,502 20,438 161,903 18,692 25,800~ 33,011 22,307" 47,143 20,200 8,681 16,123 16,153 38,050 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 $ 7,398 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 440 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 $ 112 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 23, 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 373,700 17,881 145,470 16,752 23,147 28,842 17,244 41,613 18,550 6,558 14,102 12,793 30,748 Deposits Depository institutions 31,841 1,664 7,211 1,085 1,638 2,706 3,465 3,487 1,101 1,315 1,173 2,310 4,688 U.S. Treasury--general account 4,532 0 4,532 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 196 5 97 5 9 9 13 16 3 4 5 10 21 Other 290 1 126 1 2 37 1 113 0 4 1 3 1 Total deposits 36,862" 1,670 11,966 1,090 1,649 2,752 3,480 3,617 1,104 1,322 1,180 2,323 4,709 Deferred credit items 6,036 373 769 354 237 487 673 584 194 496 355 360 1,153 Other liabilities and accrued dividends1 4,197 218 1,555 177 247 313 217 456 167 100 195 166 386 TOTAL LIABILITIES 420,794 20,142 159,760 18,373 25,280 32,393 21,613" 46,2*70 20,016 8,477 15,833 15,642 36,996 CAPITAL ACCOUNTS Capital paid in 3,656 140 996 151 247 292 341 414 85 98 137 248 508 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 650 33^ 178 54_ 50 97 34 70 26^ 16 25 17 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 428,502 20,438 161,903 18,692 25,800 33,011 22,307 47,143 20,200 8,681 16,123 16,153 38,050 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 452,852 23,512 171,116 18,395 26,649 35,716 22,805 48,178 21,262 8,166 15,642 17,114 44,297 Less--Held by F.R. Banks 79,153 5,632 25,646 1,643 3,503 6,874 5,561 6,565 2,712 1,607 1,540 4,321 13,548 F.R. notes, net 373,700 17,881 145,470 16,752 23,147 28,842 17,244 41,613 18,550 6,558 14,102 12,793 30,748 Collateral held 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 354,630 Total collateral 373,700" 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