H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Co2!L£2&?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. H4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 12, 1995 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 11, 1995 Jan 4, 1995 Jan L2, 1994 Jan 11, 1995 Reserve Bank credit1 2 407,620 - 4,347 + 34,904 406,399 U.S. government securities Bought outright--system account 366,654 + 2,019 + 33,632 367,578 Held under repurchase agreements 3,187 - 6 tUi + 1,7G0 249 Federal agency obligations Bought outright 3,629 - 8 - 893 3,610 Held under repurchase agreements 509 - 293 + 323 300 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 15 - 222 + 6 20 Seasonal credit 40 - 33 + 30 27 Extended credit 0 0 0 0 Float 872 + 898 - 233 1,837 Other F.R. assets 32,714 - 305 + 338 32,779 Gold stock 11,050 - 1 - 3 11,051 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,926 + 14 + 811 22,926 Total factors supplying reserve funds 449,614 - 4,334 + 35,711 448,394 Currency in circulation* 401,390 - 2,480 + 37,628 400,875 Treasury cash holdings* 330 - 5 - 141 331 Deposits, other than reserve balances, with F.R. Banks Treasury 7,421 + 273 + 3,386 7,276 Foreign 170 - 71 - 21 197 Service-related balances and adjustments3 4,427 - 79 - 3,088 4,427 Other 223 - 464 - 15 273 Other F.R. liabilities and capital 12,127 + 23 + 2,575 12,009 Total factors, other than reserve balances, absorbing reserve funds 426,087 - 2,802 + 40,323 425,388 Reserve balances with F.R. Banks4 23,527 - 1,532 - 4,612 23,007 On January 11. 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 $ 411,713 million, a change of - $ 1,257 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 5,906 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,906 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,982 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4 982 million was with foreign official and international accounts. Includes $ 170 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,172 million and adjustments of $ 254 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 Jan 11, 1995 Jan 4, 1995 Jan 12, 1994 ASSETS Gold certificate account 11,051 1 3 Special drawing rights certificate account 8,018 0 0 Coin 329 19 51 Loans 47 1,006 33 Acceptances 0 0 0 Federal agency obligations Bought outright 3,610 27 912 Held under repurchase agreements1 300 113 300 U.S. government securities Bought outright--Bills 180,437 2,823 19,172 Notes 144,143 0 12,067 Bonds 42,998 0 3,426 Total bought outright2 367,578 2,823 34,665 Held under repurchase agreements1 249 9,629 249 Total U.S. government securities 367,827 6,806 34,914 Total loans and securities 371,784 7,953 34,335 Items in process of collection (537) 6,784 2,807 428 Bank premises 1,077 0 21 Other assets3 31,896 319 477 TOTAL ASSETS (537) 430,938 10,420 35,207 LIABILITIES Federal Reserve notes 378,609 2,980 36,257 Deposits Depository institutions 27,430 2,768 - 6,568 U.S. Treasury--general account 7,276 1,356 + 3,183 Foreign--official accounts 197 27 + 26 Other 273 51 - 26 Total deposits 35 175 4,046 - 3,385 Deferred availability cash items (537) 5 rl45 3,235 - 214 Other liabilities and accrued dividends4 4 ,299 360 + 1,945 TOTAL LIABILITIES (537) 423,228 10,621 + 34,603 CAPITAL ACCOUNTS Capital paid in 3,694 9 + 291 Surplus 3,683 7 + 281 Other capital accounts 334 185 + 32 * 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 $ 2,184 million was outstanding at the end of the latest statement week. 2 Net of $ 4,982 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 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 $ 77 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, JANUARY 11, 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 Weekly Holdings Moldings changes changes Within 15 days 32 0 Within 15 days 19,427 ++ 22,,773333 336644 + 336 16 days to 90 days 15 0 16 days to 90 days 87,034 ++ 44,,668811 772244 64 Over 90 days 0 0 91 days to 1 year 107,687 44,,335533 992222 0 Over 1 year to 5 years 90,781 00 11,,338877 0 Over 5 years to 10 years 28,053 00 448888 0 Over 10 years 34,845 00 2255 0 Total 47 0 Total 367,827 ++ 33,,006622 33,,991100 + 273 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 JANUARY 11, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 378,609 17,395 153,290 16,372 22,162 28,482 17,117 42,289 19,101 6,385 13,529 12,469 30,019 Deposits Depository institutions 27,430 1,434 5,771 992 2,107 2,178 2,789 2,765 941 709 1,057 2,167 4,519 U.S. Treasury--general account 7,276 0 7,276 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 197 5 96 5 9 9 13 16 3 4 5 10 21 Other 273 1 121 1 2 S7 11 7788 11 44 11 33 1 Total deposits 35,175 1,440 13,264 998 2,119 2,245 22,,880044 22,,885599 994455"" 771177 11,,006644 22,,118800 4,541 Deferred credit items 5,682 364 623 325 235 442 661 567 203 466 352 376 1,068 Other liabilities and accrued dividends1 4,299 227 1,426 186 225588 333366 222288 447788 117766 111122 220066 226655 400 TOTAL LIABILITIES 423,764 19,426 168,603 17,880 2244,,777744 3311,,550055"" 2200,,880099 4466,,119933 2200,,442244 77,,668800 1155,,115511 1155,,229900 36,028 CAPITAL ACCOUNTS Capital paid in 3,694 139 988 166 259 296 341 420 85 100 141 247 512 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 246 512 Other capital accounts 334 25 67 17 2299 3344 1188 4499 1177 99 1177 1133 39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 431,475 19,731 170,646 18,224 25,319 32,132 21,510 47,081 20,611 7,887 15,448 15,797 37,091 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 454,314 22,700 175,061 18,413 26,099 35,203 23,097 48,587 21,841 8,025 15,333 16,630 43,326 Less- Held by F.R. Banks 75,705 5,304 21,771 2,041 3,937 66,,772211 55,,998800 66,,229988 22,,774411 11,,664400 11,,880044 44,,116611 13,307 F.R. notes, net 378,609 17,395 153,290 16,372 22,162 2288,,448822 1177,,111177 4422,,228899 1199,,110011 66,,338855 1133,,552299 1122,,446699 30,019 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 359,540 Total collateral 378,609 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments Components may not add to totals aue 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 f RESERVE BANK ON JANUARY 11, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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 329 15 19 21 15 58 44 25 26 20 22 32 31 Loans 47 2 1 8 0 0 0 0 20 2 13 0 1 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,610 189 1,334 141 228 289 161 414 144 79 155 137 340 Held under repurchase agreements1 300 0 300 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 180,437 9,446 66,673 7,057 11,374 14,423 8,065 20,670 7,176 3,974 7,740 6,824 17,015 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 367,578 19,242 135,824 14,376 23,171 29,382 16,430 42,108 14,619 8,095 15,768 13,902 34,662 Held under repurchase agreements1 249 0 249 0 00 00 00 000 000 000 000 000 0 Total U.S. govt, securities 367,827 19,242 136,073 14,376 2233,,117711 2299,,338822 1166,,443300 444222,,,111000888 111444,,,666111999 888,,,000999555 111555,,,777666888 111333,,,999000222 34,662 Total loans and securities 371,784 19,434 137,708 14,525 23,398 29,671 16,591 444222,,,555222222 111444,,,777888222 888,,,111777666 111555,,,999333555 """ 111444,,,000333888 35,003 Items in process of collection 7,321 434 874 471 292 526 880 744 431 534 527 397 1,211 Bank premises 1,077 93 137 47 46 133 64 112 30 46 54 157 156 Other assets3 31,896 1,254 10,294 1,088 1,979 2,417 2,522 3,576 818 788 1,197 1,941 4,022 Interdistrict settlement account 0 -2,563 ++1144,,667722 ++11,,337755 --11,,662288 --22,,222288 ++554499 --22,,115511 ++33,,992277 --22,,009944 --22,,992222 --11,,660000 -5,338 TOTAL ASSETS 431,475 19,731 117700,,664466 1188,,222244 2255,,331199 3322,,113322 2211,,551100 4477,,008811 2200,,661111 77,,888877 1155,,444488 1155,,779977 37,091 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 $ 2,184 million was outstanding at the end of the latest statement week. 2 Net of $ 4,982 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 million securities loaned-fuMy 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 $ 77 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