H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday :ti^imfe.ol.each release 'villi b& anr/Q&jde':: when the information is available on (202) 452 3208 H.4.1 Factors Affecting Reserve Balances of Depositor v Institutions and Condition Statement of F.R. Banks December 15, 1994 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Week ended Change from week ended Wednesday F.R, Banks, Reserve Bank credit, and related items Dec 14, 1994 Dec 7, 1994 !D ec 15, 1993 Dec 14, 1994 Reserve Bank credit1 2 402,067 + 1 ,766 1 31,493 402,701 U.S. government securities Bought outright--system account 364,693 + 846 31,466 364,100 Held under repurchase agreements 718 4 718 ! 718 1,675 Federal agency obligations Bought outright 3,661 13 I 1,059 3,644 Held under repurchase agreements 30 0 300 | 300 700 Acceptances 0 | 0 0 Loans to depository institutions Adjustment credit 26 83 | 8 22 Seasonal credit 91 6 j 54 97 Extended credit 0 0 I 0 0 Float 620 260 ! 52 288 Other F.R. assets 31,956 263 ! 59 32,176 Gold stock 11,051 1 | 3 11,051 Special drawing rights certificate account 8,018 0 ! 0 8,018 Treasury currency outstanding 22.870 14 i 820 22,870 Total factors supplying reserve funds 444,0 06 + 1 ,779 + 32,310 444,640 Currency in circulation* ! 396,912 + 959 + 36,368 398,263 Treasury cash holdings* i 347 - 37 - 26 344 Deposits, other than reserve balances, with F.R. Banks j Treasury I 6,044 * 1 ,706 + 879 5,977 Foreign i 189 f 15 - 32 206 Service-related balances and adjustments3 4,889 + 420 - 1,973 4,889 Other 320 + 3 + 14 314 Other F.R, liabilities and capital 11,706 Hh 460 + 2,078 11,837 Total factors^ other than reserve balances, absorbing reserve funds 420,406 3,527 37,308 421,828 Reserve balances with F.R. Banks4 23,601 1,748 4,998 22,812 On December 14, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 413,713 million, a change of - $ 1,619 million for the week. 1 Net of $ 7424 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,424 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of % 8,017 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of S 8,017 million was with foreign official and international accounts, includes $ 586 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,321 million and adjustments of $ 568 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 Dec 14, 1994 Dec 7, 1994 Dec 15, 1993 ASSETS Gold certificate account 11,051 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 341 + 11 - 43 - - Loans 119 694 45 Acceptances 0 0 0 Federal agency obligations Bought outright 3,644 - 30 - 1,076 Held under repurchase agreements1 700 + 700 + 700 U.S. government securities Bought outright--Bills 176,959 + 3,565 + 14,085 Notes 144,143 0 + 12,067 Bonds 42,998 0 + 3,426 Total bought outright2 364,100 + 3,565 + 29,578 Held under repurchase agreements1 1,675 + 1,675 + 1,675 Total U.S. government securities 365,775 + 5,240 + 31,253 Total loans and securities 370,237 + 5,216 + 30,832 - - Items in process of collection (603) 6,085 1,086 996 Bank premises 1,071 • 3 • 19 Other assets3 31,081 + 361 + 101 TOTAL ASSETS (603) 427,884 + 4,505 + 29,911 LIABILITIES Federal Reserve notes 376,077 + 1,069 + 35,965 Deposits Depository institutions 27,983 + 1,909 - 8,000 U.S. Treasury--general account 5,977 + 1,006 + 145 Foreign--official accounts 206 + 39 - 73 Other (-6) 314 - 10 0 Total deposits (-6) 34,479 + 2,945 - 7,927 Deferred availability cash items (609) 5,491 • 8 - 483 Other liabilities and accrued dividends4 4,187 + 160 + 1,779 TOTAL LIABILITIES (603) 420,233 • 4,183 + 29,334 CAPITAL ACCOUNTS Capital paid in 3,675 - 7 + 281 Surplus 3,390 4- 54 4- 336 Other capital accounts 585 + 275 - 41 * 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 $ 8,017 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 586 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 $ 120 million in Treasury bills maturing within go 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, DECEMBER 14, 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 32 0 WWiitthhiinn 1155 ddaayyss 1155,,229999 ++ 33,,009944 8! • 8 16 days to 90 days 87 0 1166 ddaayyss ttoo 9900 ddaayyss 8877,,992277 ++ 44,,669911 742'- 7 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110077,,994466 44,,2211^^ 992 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 9900,,003311 00 1,390! 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2288,,005533 00 488^- 30 OOvveerr 1100 yyeeaarrss 3344,,884455 00 25! 0 Total 119 0 TToottaall 336644,,110022 ++ 33,,556666 3,644 29 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 DECEMBER 14, 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 11,051 553 4,134 393 660 902 542 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 18 21 17 19 56 53 28 25 20 21 33 31 Loans 119 2 0 11 0 0 4 7 8 52 33 0 1 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,644 191 1,346 143 230 291 163 417 145 80 156 138 344 Held under repurchase agreements1 700 0 700 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 176,959 9,264 65,388 6,921 11,155 14,145 7,910 20,272 7,038 3,897 7,591 6,693 16,687 Notes 144,143 7,546 53,262 5,637 9,086 11,522 6,443 16,513 5,733 3,174 6,183 5,451 13,592 Bonds 42,998 2,251 15,888 1,682 2,710 3,437 1,922 4,926 1,710 947 1,844 1,626 4,055 Total bought outright2 364,100 19,060 134,539 14,240 22,952 29,104 16,274 41,710 14,480 8,019 15,619 13,770 34,334 Held under repurchase agreements1 1,675 0 1,675 0 000 0 0 0 000 0 0 000 0 Total U.S. govt, securities 365,775 19,060 136,214 1144,,224400 222222,,,999555222 2299,,110044 1166,,227744 4411,,771100 111444,,,444888000 88,,001199 1155,,661199 111333,,,777777000 34,334 Total loans and securities 370,237 19,253 138,260 1144,,339933 222333,,,111888111 2299,,339955 1166,,444411 4422,,113344 111444,,,666333444 88,,115511 1155,,880088 111333,,,999000888 34,678 Items in process of collection 6,688 430 751 446 336 471 731 670 216 459 389 591 1,200 Bank premises 1,071 93 137 46 45 134 63 112 30 45 53 158 156 Other assets3 31,081 1,216 9,849 1,057 1,933 2,336 2,464 3,557 790 770 1,162 1,911 4,034 Interdistrict settlement account 0 -2,023 +8,946 +2,217 -1,903 --11,,440099 +1,538 -2,250 +3,986 -1,472 -2,149 -1,703 -3,779 TOTAL ASSETS 428,487 20,051 164,905 18,872 24,828 3322,,553377 22,150 46,505 20,278 8,388 15,918 15,728 38,326 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 $ 8,017 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 586 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 $ 120 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 DECEMBER 14, 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 376,077 17,703 149,139 16,722 22,559 28,777 17,276 41,501 18,808 6,568 13,991 12,693 30,341 Deposits Depository institutions 27,983 1,460 5,311 1,253 1,224 2,259 3,307 2,922 923 1,084 1,059 1,861 5,321 U.S. Treasury--general account 5,977 0 5,977 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 206 5 105 5 9 9 13 16 3 4 5 10 21 Other 308 0 119 1 2 60 1 121 1 -2 2 2 1 Total deposits 34,474 1,466 11,512 1,258 1,235 2,328 3,321 3,059 926 1,086 1,067 1,874 5,342 Deferred credit items 6,100 366 667 382 251 496 673 611 191 434 374 511 1,143 Other liabilities and accrued dividends1 4,187 220 1,442 179 248 316 218 446600 116677 110000 197 168 472 TOTAL LIABILITIES 420,836 19,755 162,760 18,542 24,292 31,917 21,488 4455,,663311 2200,,009922 ~~88,,118888~~ 15,628 15,245 37,298 CAPITAL ACCOUNTS Capital paid in 3,675 140 988 161 258 293 341 416 85 98 136 248 512 Surplus 3,390 123 969 114 224 228 320 390 74 91 128 235 495 Other capital accounts 585 33 189 56 54 98 22 6688 2277 1111 2266 00 21 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 428,487 20,051 164,905 18,872 24,828 32,537 22,150 46,505 20,278 8,388 15,918 15,728 38,326 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 457,181 23,138 175,559 18,563 26,461 35,653 23,041 48,474 21,721 8,148 15,446 16,963 44,014 Less -Held by F.R. Banks 81,105 5,435 26,419 1,842 33,,990022 66,,887766 55,,776655 66,,997733 22,,991144 11,,558800 11,,445566 44,,227700 13,673 F.R. notes, net 376,077 17,703 149,139 16,722 2222,,555599 2288,,777777 1177,,227766 4411,,550011 1188,,880088 66,,556688 1133,,999911 1122,,669933 30,341 Collateral held against F.R. notes Gold certificate account 11,051 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 357,008 Total collateral 376,077 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