H.4.1 Factors Affecting Reserve Balances of Depository Institutions

-M- FEDERAL RESERVE -^ DETCK L illi These data are scheduled for release each Thursday, The exact ^rrieUfiaiita-r-alease .wilt eiipntlttnc^d, when the information is available, on (202) 452-3206. UL ?&\ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 26, 1995 Millions of dollars Averages o f daily f jg ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR,, BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 25, 1995 Jan 18, 1995 Jan 26, 1994 Jan 25, 1995 Reserve Bank credit1 2 399,106 - 7,033 + 28,064 399,320 U.S. government securities Bought outright--system account 361,134 - 3,051 + 29,041 361,284 Held under repurchase agreements 0 - 2,772 0 0 Federal agency obligations Bought outright 3,585 - 25 - 912 3,546 Held under repurchase agreements 0 - 743 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 153 + 110 + 134 470 Seasonal credit 40 + 4 + 21 46 Extended credit 19 + 19 + 19 22 Float 865 - 534 - 818 492 Other F.R, assets 33,310 - 40 + 581 33,459 Gold stock 11,050 0 - 3 11,050 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,046 + 14 f 901 23,046 Total factors supplying reserve funds 441,220 - 7,019 _ 28,962 441,434 Currency in circulation* 397,768 - 1,787 + 35,988 397,179 Treasury cash holdings* 332 + 1 - 51 335 Deposits/ other than reserve balances, with F.R. Banks Treasury 5,919 - 606 - 2,859 7,672 Foreign 201 - 5 - 3 200 Service-related balances and adjustments3 4,284 - 84 - 2,560 4,284 Other 307 + 23 + 16 315 Other F.R. liabilities and capital 12,495 + 3 f 2,753 12,248 Total factors, other than reserve balances, absorbing reserve funds 421,307 - 2,455 • 33,285 422,233 Reserve balances with F.R. Banks^ 19,914 - 4,564 - 4,323 19,201 On January 25, 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 $ 405,890 million, a change of ~ $ 2,312 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 10,806 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,977 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 10,655 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,705 million was with foreign official and international accounts. Includes $ 410 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of S 4,169 million and adjustments of $ 115 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 25, 1995 Jan 18, 1995 Jan 26, 1994 ASSETS Gold certificate account 11,050 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 380 + 29 - 38 Loans 538 + 445 + 510 Acceptances 0 0 0 Federal agency obligations Bought outright 3,546 - 64 - 891 Held under repurchase agreements1 0 - 1,101 0 U.S. government securities Bought outright--Bills 174,764 - 3,149 + 11,090 Notes 143,522 0 + 12,062 Bonds 42,998 0 + 3,426 Total bought outright2 361,284 - 3,149 + 26,578 Held under repurchase agreements1 0 55,,882211 0 ~~ Total U.S. government securities 361,284 88,,997700 ++ 26,578 Total loans and securities 365,369 - 9,690 + 26,198 - - Items in process of collection (642) 5,620 5,582 2,973 Bank premises 1,076 0 + 22 Other assets3 32,391 + 154 + 640 TOTAL ASSETS (642) 423,905 - 15,089 + 23,845 LIABILITIES Federal Reserve notes 374,849 - 2,447 + 34,640 Deposits Depository institutions 23,619 - 9,307 - 11,591 U.S. Treasury--general account 7,672 + 783 - 1,512 Foreign--official accounts 200 + 43 - 127 Other 315 + 19 • 28 Total deposits 31,806 - 8,462 - 13,202 Deferred availability cash items (642) 5,001 - 3,934 - 243 Other liabilities and accrued dividends4 4,414 - 267 + 1,964 TOTAL LIABILITIES (642) 416,071 - 15,109 + 23,158 CAPITAL ACCOUNTS Capital paid in 3,697 + 4 + 294 Surplus 3,683 0 + 282 Other capital accounts 453 + 16 + 111 * 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 $ 10,655 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 410 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 $ 114 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 25, 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 536 0 WWiitthhiinn 1155 ddaayyss 1177,,667733 + 4,610 116 65 16 days to 90 days 3 0 1166 ddaayyss ttoo 9900 ddaayyss 7799,,444488 6,909 628 + 20 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111122,,447788 90 902 20 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 9900,,224422 0 1,393 • 6 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,559977 766 482 6 OOvveerr 1100 yyeeaarrss 3344,,884455 0 25 0 Total 538 0 TToottaall 336611,,228844 3,155| 3,546 65 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 25, 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 11,050 553 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 380 18 22 23 19 66 52 32 26 23 25 36 36 Loans 538 7 0 6 0 0 16 2 91 7 20 3 386 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,546 186 1,310 139 224 283 158 406 141 78 152 134 334 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright — Bills 174,764 9,149 64,577 6,835 11,017 13,970 7,812 20,020 6,950 3,849 7,497 6,610 16,480 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 22,,225511 1155,,888888 11,,668822 22,,771100 33,,443377 11,,992222 44,,992266 11,,771100 994477 1,844 1,626 4,055 Total bought outright2 361,284 1188,,991133 113333,,449988 1144,,113300 2222,,777744 2288,,887799"""" ""116677114488"""" 4411,,338877 1144,,336688"" 77,,995566 15,498 13,664 34,068 Held under repurchase agreements1 0 00 00 000 000 00 00 00 00 000 000 000 0 Total U.S. govt, securities 361,284 1188,,991133 ''""1133337744 9988"" """"""'''111444 777111333000--- ~~~ 222222TTT777777444^^^ 2288 77887799"" 116677114488 4411,,338877 1144,,336688 777,,,999555666 111555,,,444999888 111333,,,666666444 34,068 Total loans and securities 365,369 19,105 134,808 111444,,,222777444 """ 222222,,,999999888""" 29,163 16,323 41,796 14,600 888,,,000444222 111555,,,666777000 111333,,,888000111 34,788 Items in process of collection 6,263 392 777 439 288 448 763 588 254 423 383 397 1,112 Bank premises 1,076 93 137 47 46 133 64 112 30 46 54 157 156 Other assets3 32,391 1,319 9,916 1,350 2,124 2,765 2,520 3,671 862 805 1,226 1,858 3,972 Interdistrict settlement account 0 -3,451 +20,352 ++11,,113311 --22,,117733 --22,,991177 --116688 --22,,338800 ++33,,770088 --22,,117777 --22,,885566 --22,,663333 -6,437 TOTAL ASSETS 424,547 18,541 172,954 1177,,996611 2244,,551199"" 3311,,221122 2200,,441155 4466,,007722 2200,,007777 77,,557799 1155,,113377 1144,,444466 35,634 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 $ 10,655 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 410 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 $ 114 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 25, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richntond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 374,849 16,592 156,290 15,879 21,362 27,591 16,482 41,744 18,624 6,202 13,145 12,092 28,845 DopOSl id Depository institutions 23,619 1,031 4,368 1,188 2,101 2,186 2,325 2,272 894 615 1,095 1,301 4,245 U.S. Treasury--general account 7,672 0 7,672 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 200 5 97 6 10 11 13 16 3 4 5 9 20 Other 315 1 134 4 4 49 1 115 0 4 2 1 1 Total deposits 31,806 1,037 12,270 1,198 2,114 2,246 2,339 2,403~ 897 623 1,102" 1,311 4,265 Deferred credit items 5,644 374 730 343 231 395 653 531 186 427 376 357 1,040 Other liabilities and accrued dividends1 4,414 237 1,522 193 270 351 223355 550000 118844 111199 221144 117788 411 TOTAL LIABILITIES 416,713 18,241 170,812 17,613 23,977 30,583 1199,,771100 4455,,117799 1199,,889911 77,,337711 1144,,883388 1133,,993377 34,561 CAPITAL ACCOUNTS Capital paid in 3,697 139 988 166 256 298 341 425 85 100 141 247 512 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 453 21 167 21 28 35 23 50 16 10 19 15 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 424,547 18,541 172,954 17,961 24,519 31,212 20,415 46,072 20,077 7,579 15,137 14,446 35,634 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 455,381 22,388 178,046 18,340 25,596 34,812 23,465 48,919 21,777 7,865 15,046 16,506 42,622 Less--Held by F.R. Banks 80,532 5,796 21,756 22,,446611 4,234 7,221 66,,998833 7,174 3,153 1,662 1,900 4,414 13,777 F.R. notes, net 374,849 16,592 156,290 1155,,887799 21,362 2>,59i 1166,,448822 41,744 18,624 6,202 13,145 12,092 28,845 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 355,781 Total collateral 374,849 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