H.4.1 Factors Affecting Reserve Balances of Depository Institutions

IT CI I? •Cos^s^: FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of a^fe-nelfas^ wilt be"arrj<furt^e^/v^rA?ri the information is available, on (202) 452-3206. •t^LR^V- H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 19, 1995 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Week ended j Change from week ended Wednesday F.R. Banks, Reserve Bank credit/ and related items Jan 18, 1995 ; Jan 11, 1995 j Jan 19, 1994 Jan 18, 1995 Reserve Bank credit1 2 406,163 1,456 32,265 410,097 U.S. government securities Bought outright--systen account 364,185 2,469 31,512 364,434 Held under repurchase agreements 2,772 415 1,195 5,821 Federal agency obligations Bought outright 3,610 19 912 3,610 Held under repurchase agreements 743 235 558 1,101 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 43 28 72 53 Seasonal credit 36 4 23 38 Extended credit 0 0 0 3 Float 1,415 542 808 1,751 Other F.R, assets 33,359 645 769 33,288 Gold stock 11,050 1 3 11,050 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,032 14 901 23,032 Total factors supplying reserve funds 448,264 1,442 33,163 452,197 Currency in circulation* 399,555 1,926 36,797 399,645 Treasury cash holdings* 331 2 51 332 Deposits^ other than reserve balances, with F.R. Banks Treasury 6,525 896 878 6,888 Foreign 206 36 162 157 Service-related balances and adjustments3 4,369 58 3,282 4,369 Other 284 61 14 296 Other F.R. liabilities and capital 12,492 365 2,755 12,495 Total factors, other than reserve balances, absorbing r^serye funds 423,762 2,417 36,921 424,181 Reserve balances with F.R. Banks'* 24,502 975 3,757 28,017 On January 18, 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 $ 408,202 million, a change of - $ 3,511 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds 1 Net of $ 8,198 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 8,198 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,506 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,506 million was with foreign official and international accounts, includes $ 150 million securities loaned-fully secured U S. government securities. 3 Consists of required clearing balances of $ 4,197 million and adjustments of $ 171 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 Jan 18, 1995 Jan 11, 1995 Jan 19, 1994 ASSETS Gold certificate account 11,050 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 351 + 23 - 49 Loans 94 + 47 + 58 Acceptances 0 0 0 Federal agency obligations Bought outright 3,610 0 - 912 Held under repurchase agreements1 1,101 + 301 • 242 U.S. government securities Bought outright--Bills 177,914 - 2,523 + 16,645 Notes 143,522 - 621 + 12,062 Bonds 42,998 0 • 3,426 Total bought outright2 364,434 - 3,144 + 32,133 Held under repurchase agreements1 5,821 + 5,572 - 1,970 Total U.S. government securities 370,254 + 2,427 + 30,163 Total loans and securities 375,058 + 3,275 * 29,551 Items in process of collection (947) 11,203 + 4,418 - 4,913 Bank premises 1,076 0 • 21 Other assets3 32,236 + 340 + 223 TOTAL ASSETS (947) 438,993 + 8,055 + 24,831 LIABILITIES Federal Reserve notes 377,296 - 1,313 • 35,431 Deposits Depository institutions 32,927 + 5,497 - 13,427 U.S. Treasury--general account 6,888 - 388 - 562 Foreign--official accounts 157 - 40 - 79 Other 296 + 24 - 1 Total deposits 40,268 + 5,092 - 14,069 Deferred availability cash items (947) 8,935 + 3,790 + 726 Other liabilities and accrued dividends4 4,681 + 383 + 2,061 TOTAL LIABILITIES (947) 431,180 + 7,9S2 + 24,149 CAPITAL ACCOUNTS Capital paid in 3,693 0 + 292 Surplus 3,683 0 + 282 Other capital accounts 437 + 104 + 108 * 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 $ 1,873 million was outstanding at the end of the latest statement week. 2 Net of $ 7,506 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 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 $ 104 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 18, 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 Holdings changes changes Within 15 days 91 0 WWiitthhiinn 1155 ddaayyss 1133,,006633 -- 66,,336644 181 183 16 days to 90 days 3 0 1166 ddaayyss ttoo 9900 ddaayyss 8866,,335577 -- 667777 608 116 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111122,,556688++ 44,,888811 922 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 9900,,224422 -- 553388 1,387 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2277,,336644 -- 669900 488 0 OOvveerr 1100 yyeeaarrss 3344,,884455ii 00 25 0 Total 94 0 TToottaall 336644,,443399jj-- 33,,338888 3,611 299 .. .. 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 18, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,050 553 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 55b 652 318 1,036 168 186 199 377 904 Coin 351 16 19 21 16 64 47 29 27 22 24 33 34 Loans 94 6 8 8 1 0 14 1 14 2 12 0 29 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 1,101 0 1,101 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 177,914 9,314 65,741 6,958 11,215 14,221 7,952 20,381 7,076 3,918 7,632 6,729 16,777 Notes 143,522 7,513 53,033 5,613 9,047 11,472 6,415 16,441 5,708 3,161 6,157 5,428 13,534 Bonds 42,998 2,251 15,888 11,,668822 22,,771100 33,,443377 11,,992222 44,,992266 11,,771100 994477 11,,884444 11,,662266 4,055 Total bought outright2 364,434 19,078 134,662 1144,,225533 2222,,997733 2299,,113311 1166,,228899 4411,,774488 1144,,449944 88,,002266 1155,,663333"" 1133,,778833 34,365 Held under repurchase agreements1 5,821 0 55,,882211 00 0 0 0 0 000 000 000 000 0 Total U.S. govt, securities 370,254 19,078 114400,,448822 1144,,225533 22,973 2299,,113311 1166,,228899 4411,,774488 111444,,,444999444 888,,,000222666 111555,,,666333333 111333,,,777888333 34,365 Total loans and securities 375,058 19,272 142,925 14,402 23,201 2299,,441199 1166,,446644 4422,,116633 111444,,,666555111 888,,,111000777 111555,,,777999999 111333,,,999111999 34,735 Items in process of collection 12,150 707 1,436 851 648 1,254 1,151 1,144 538 735 759 722 2,206 Bank premises 1,076 93 137 47 46 133 64 112 30 46 54 157 156 Other assets3 32,236 1,266 10,257 1,106 2,011 2,444 2,608 3,649 825 797 1,210 1,973 4,089 Interdistrict settlement account 0 1,850 •13,162 +1,684 --11,,993377 --22,,112288 ++221144 --11,,449955 ++44,,114444 --22,,113388 --22,,550011 --11,,662277 -5,527 TOTAL ASSETS 439,940 20,569 174,878 18,807 2255,,220011 3322,,774400 2211,,440088 4477,,885544 2200,,881111 77,,998866 1155,,998800 1166,,000088 37,699 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 $ 1,873 million was outstanding at the end of the latest statement week. 2 Net of $ 7,506 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 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 $ 104 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 JANUARY 18, 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 377,296 17,109 155,113 16,138 21,929 28,144 16,389 42,034 18,960 6,371 13,434 12,233 29,440 Deposits Depository institutions 32,927 2,335 7,640 1,543 1,993 2,596 2,868 3,392 1,116 574 1,381 2,498 4,991 U.S. Treasury--general account 6,888 0 6,888 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 157 5 56 5 9 9 13 16 3 4 5 10 21 Other 296 1 119 0 44__ 5566 11 110055 11 44 33 11 3 Total deposits 40,268 2,341 14,703 1,548 22,,000066 22,,666622 22,,888822 33,,551133 ii,, 111199 558822 11,,338899 22,,550099 5,014 Deferred credit items 9,882 580 1,155 581 451 955 1,197 915 360 707 642 578 1,761 Other liabilities and accrued dividends1 4,681 238 1,771 194 268 355 240 550033 118855 111177 221155 117777 419 TOTAL LIABILITIES 432,127 20,268 172,742 18,460 24,654 32,116 20,707 4466,,996655 2200,,662255 77,,777788 1155,,667799 1155,,449988 36,634 CAPITAL ACCOUNTS Capital paid in 3,693 139 988 166 259 296 341 420 85 99 141 247 512 Surplus 3,683 139 988 lbl 258 296 341 419 85 98 139 247 512 Other capital accounts 437 22 lbl 21 30 3322 1188 5500 1177 1100 2200 1166 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 439,940 20,569 174,878 18,80/ 25,201 32,740 21,408 47,854 20,811 7,986 15,980 16,008 37,699 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 454,275 22,603 176,065 18,397 26,049 35,195 22,834 48,709 21,827 8,012 15,271 16,508 42,806 Less--Held by F.R. Banks 76,980 5,493 2200,,995522 22,,225599 44,,112200 77,,005511 66,,444455 6,675 2,867 11,,664411 11,,883377 44,,227744 13,366 F.R. notes, net 377,296 17,109 115555,,111133 1166,,113388 ""2211//992299"" 2288,,114444 1166,,338899 42,034 18,960 66,,337711 1133,,443344 1122,,223333 29,440 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 358,228 Total collateral 377,296 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