H.4.1 Factors Affecting Reserve Balances of Depository Institutions

oP^g^fV FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time °'j^frReBi??priH the Information is available, on (202) 452-3206 L_i!I£J]XOtr\ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 5, 19c5 Millions of-dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended | Change frow weak ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 4, 1995 | Dec 28, 1994 | - Jan 5, 1994 Jan A, I** Reserve Bank credit1 2 412,118 f 1,923 * 30,928 413,221 U.S. government securities y Bought outright--system account 364,635 + 410 • • 32,033 364,75c Held under repurchase agreements 9,590 •f 2,758 • 1,176 9,873 Federal agency obligations Bought outright 3,637 - 5 - - 952 3,63^ Held under repurchase agreements 802 - 245 - 50 413 Acceptances 0 0 0 1 Loans to depository institutions Adjustment credit 237 • 172 • 10 1,0C3 Seasonal credit 72 - 46 + 62 " * Extended credit 0 0 0 - Float 134 - 1,470 - 1,398 7- Other F.R. assets 33,011 f 349 + 47 32,oc- Gold stock 11,051 0 - 3 11,05: Special drawing rights certificate account 8,018 0 0 8,015 Treasury currency outstanding 22,912 •f 14 + 812 | 22,912 Total factors supplying reserve funds 454,099 _ 1,937 +~ 31,737 455,2C1 Currency in circulation* 403,870 + 1,986 + 38,259 403,8*3 Treasury cash holdings* 334 - 1 - - 44 3:3 Deposits, other than reserve balances, with F.R. Banks Treasury 7,148 • 174 2,666 8,63: --• Foreign 241 • 22 - 62 l": Service-related balances and adjustments3 4,506 4- 2 - 2,066 4,5Go Other 687 + 409 • 344 22: Other F.R. liabilities and capital 12,104 " 480 i • 2,717 12,loo Total factors, other than reserve balances, absorbing reserve funds 428,889 • 2,112 + ..-36,483 429,8C0 Reserve balances with F.R. Banks4 25,210 - 175 - 4,746 25,311 On January 4, 1995, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was S 412,970 million, a change of 4- S 1.243 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 7,925 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7.925 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 7,805 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,805 million was with foreign official and international accounts. Includes $ 868 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 4.239 million and adjustments of $ 267 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. «* Estimated data ( Kansas City District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

r~n Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALlI FEDERAL RESERVE BANKS Millions of dollars |.\- Change since r * WWeeddnneessddaayy Wednesday Wednesday Jan 4, 1995 Dec 28, 1494 1 Jan 5, 199' ASSETS Gold certificate account 11,050 - 1 - 4 Special drawing rights certificate account 8,018 0 0 Coin 310 11 • -.* • 48 •-• - Loans 1,053 4 885 180 Acceptances 0 0 0 Federal agency obligations Bought outright 3,637 0 - 885 Held under repurchase agreements1 413 - 587 226 • - U.S. government securities Bought outright--Bills 177,615 - 187 • 14,958 Notes 144,143 0 • 12,1)67 Bonds 4422,,999988 0 44-- 3,426 Total bought outright2 336644,,775566 - 187 TT 30,451 Held under repurchase agreements1 9,878 4- 3,858 4 6,568 Total U.S. government securities 374,634 • 3,671 4- 37,019 Total loans and securities 379,736 + 3,970 4- 35,729 - Items in process of collection (1,012) 9,591 2,330 4- 1,997 Bank premises 1,076 • 2 4- 21 Other assets3 31,577 - 250 4- 269 TOTAL ASSETS (1,012) 441,358 4 1,379 4 37,963 LIABILITIES Federal Reserve notes 381,589 j - 581 4- 37,377 Deposits Depository institutions 30,197 - 451 - 6,436 U.S. Treasury--general account 8,632 j • 955 4- 1,8*7 Foreign--official accounts 170 i - 3 - 93 Other 222 j - 49 - 2 Total deposits 39,221 + 452 - 4,635 Deferred availability cash items (1,012) 8,380 4 1,613 4- 2,460 Other liabilities and accrued dividends4 4,659 4 185 4- 2,270 TOTAL LIABILITIES (1,012) 433,849 • • 1,670 4- 37,472 CAPITAL ACCOUNTS Capital paid in 3,685 0 4- 283 Surplus 3,676 • 274 4- 288 Other capital accounts 149 - 565 - 80 * 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 $ 7,805 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 868 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 $ 49 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. ** Estimated data ( Kansas City District) MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JANUARY 4, 1995 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 ..... 1 Weekly Holdings Holdings i . changes * ,' changes Within 15 days 1,019 0 WWiitthhiinn 1155 ddaayyss 1166,,669944 1,516 27 2 16 days to 90 days 34 0 1166 ddaayyss ttoo 9900 ddaayyss 8822,,335533 4 1,099 788 4 2 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111122,,004400 516 922 4 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 9900,,778811 4 750 1,387 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2288,,005533 0 488 OOvveerr 1100 yyeeaarrss 3344,,884455 0 25 Total 1,053 0 TToottaall 336644,,776655 1831 3,637 ~ i 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 JANUARY 4, 1995 Millions of dollars Kansas San Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,050 553 4,133 393 660 902 542 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 310 14 19 19 14 55 44 22 23 20 21 28 32 Loans 1,053 4 1 315 0 0 25 1 27 5 15 0 660 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,637 190 1,344 142 229 291 163 417 145 80 156 138 343 Held under repurchase agreements1 413 0 413 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright — Bills 177,615 9,298 65,630 6,947 11,196 14,198 7,939 20,347 7,064 3,912 7,619 6,717 16,749 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 ^_710 3^437 L'922_ 4,926 1,710 947^ 1,844 1,62b 4,055 Total bought outright2 364,756" 19,094 134,781 14,266 22,993 29,157 16,304 41,785 14,506 8,033 15,647 13,795 34,396 Held under repurchase agreements1 9,878 0_ 9jL878_ 0 0 0 __ 0 0 0 0 0 0 0 Total U.S. govt, securities _374^634_ J9JL0~94_ J.44,65^ 14,266 22^993 29_, 157 j^304_ 41,785 14,506 8,033 15,647 13,795 Total loans and securities 379,736 19,289 146,416 14,723 23,222 29,447 16,491 42,203 14,678 8,118 15,818 13,932 35,399 Items in process of collection 10,603 647 1,451 742 523 876 1,091 864 445 834 676 784 1,671 Bank premises 1,076 93 137 47 46 134 64 112 30 46 54 157 156 Other assets3 31,577 1,236 10,191 1,081 1,964 2,389 2,483 3,513 807 780 1,182 1,953 3,998 Interdistrict settlement account 0_ -2,195 •7,436 + 1,724 -1,636 -1,335 tAzJ>6l_ -1,532 +4,59b -1,452 -1,698 -1,345 -4,624 TOTAL ASSETS 442,370 20,149 172,592 19,031 25,348 33,119 23,093 47,436 21,177 8,763 16,687 16,339 38,637 1 Does not include US government and federal agency securities resold under matched sale-purchase transactions to foreign official and infernationa! accounts, of which $ 0 million was outstanding at the end of the latest statement week 2 Net of S 7,805 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 868 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 $ 49 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. ** Estimated data ( Kansas City District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEJYIENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 4, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal ki&s&rv* notes 381,589 17,727 151,827 16,753 22,575 28,945 17,977 42,227 19,235 6,556 13,935 12,899 30,934 Deposits Depository institutions 30,197 1,426 6,739 1,143 1,611 2,313 3,290 2,976 1,271 1,063 1,664 2,104 4,597 U.S. Treasury--general account 8,632 0 8,632 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 ' 222 1 129 2 1 2222 33 5511 00 55 33 33 1 Total deposits 39,221 1,432 15,569 1,149 1,621 227733~~4444"" 33,,330066 33,,004433 11,,227755 11,,007722 11,,667733 22,,111188 4,618 Deferred'credit items 9,392 475 1,258 617 370 891 903 834 316 823 592 664 1,646 Other liabilities and accrued dividends1 4,659 230 1,883 186 255 336 223 478 117766 111144 220033 116688 406 TOTAL LIABILITIES 434,861 19,864 170,538 18,706 24,821 32,516 22,410 46,582 ..2211,,000022 88,,556655 1166,,440033 1155,,884499 37,603 CAPITAL ACCOUNTS Capital paid in 3,685 139 988 161 258 296 341 419 85 100 139 247 512 Surplus 3,676 139 988 161 258 296 339 419 85 98 139 241 512 Other capital accounts 149 6 79 3 11 10 3 16 5 0 5 2 10 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 442,370 20,149 172,592 19,031 25,348 33,119 23,093 47,436 21,177 8,763 16,687 16,339 38,637 FEDERAL RESERVE AGENTS' ACCOUNTS p.K. notes outstanding 453,906 22,825 174,297 18,438 26,093 35,291 23,275 48,187 21,882 8,040 15,260 16,770 43,549 Less--Hold by F.R. Banks 72,316 5,098 22,470 11,,668855 33,,551188 66,,334466 55,,229977 55,,996600 22,,664477 1,484 1,525 3,870 12,615 F.R. notes, net 381,589 17,727 151,827 1166,,775533 2222,,557755 2288,,994455 1177,,997777"" 4422,,222277 1199,,223355 6,556 13,935 12,899 30,934 Collateral held against F.R. notes Gold certificate account 11,050 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 362,522 Total collateral 381,589 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. **" Estimated data ( Kansas City District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis