H.4.1 Factors Affecting Reserve Balances of Depository Institutions

|i1pono"wTQ] 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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March Z, 1995 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change fro» week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar I, 1995 Feb 22, 1995 Mar 2/ 1994 Mar 1/ 1995 Reserve Bank credit1 2 401,548 + 673 + 25/435 402,968 U.S. government securities Bought outright--system account 363>465 + 390 + 30/415 364/466 Held under repurchase agreements 0 0 - 5/400 0 Federal agency obligations Bought outright 3/522 - 24 - 791 3/491 Held under repurchase agreements 0 0 - 305 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 18 - 12 - 11 13 Seasonal credit 37 + 3 • 22 42 Extended credit 0 0 0 0 Float 864 - 145 - 206 685 Other F.R. assets 33/643 + 460 + 1/712 34,271 Gold stock 11,050 0 - 3 11,050 Special drawing rights certificate account 8,018 0 0 8/018 Treasury currency outstanding 23/113 + 14 + 881 23,113 Total factors supplying reserve funds 443/729 + 687 + 26/314 445/149 Currency in circulation* 397/028 - 221 + 32,019 398,151 Treasury cash holdings* 341 - 2 - 25 345 Deposits, other than r&serv& balances/ with F.R. Banks Treasury 5/177 - 529 + 742 3/461 Foreign 183 - 17 • 9 265 Service-related balances and adjustments3 4/174 - 70 - 3/051 4/174 Other 665 + 307 + 326 408 Other F.R. liabilities and capital 12,941 + 217 + 2/912 13/278 Total factors, other than reserve balances, absorbing reserve funds 420/510 - 314 • 32/934 420/083 Reserve balances with F.R. Banks4 23/219 + 1/001 - 6/620 25/067 On March 1, 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 $ 416,571 million, a change of + $ 2,303 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 8,475 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,604 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,473 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,473 million was with foreign official and international accounts. Includes $ 180 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,038 million and adjustments of $ 136 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 Mar 1, 1995 Feb 22, 1995 Mar Z, 1994 ASSETS Gold certificate account 11,050 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 424 13 16 Loans 55 8 • 22 Acceptances 0 0 0 Federal agency obligations Bought outright 3,491 55 - 746 Held under repurchase agreements1 0 0 - 815 U.S. government securities Bought outright--Bills 177,946 620 + 15,559 Notes 143,773 0 + 12,462 Bonds 42,747 0 + 3,026 Total bought outright2 364,466 620 • 31,047 Held under repurchase agreements1 0 0 - 6,854 Total U.S. government securities 364,466 620 + 24,193 Total loans and securities 368,012 683 + 22,654 Items in process of collection (661) 6,594 3,100 - 584 Bank premises 1,078 1 + 25 Other assets3 33,221 + 927 + 1,983 TOTAL ASSETS (661) 428,398 2,869 • 24,059 LIABILITIES Federal Reserve notes 375,806 + 34 •f 31,349 Deposits Depository institutions 29,622 + 820 - 9,033 U.S. Treasury--general account 3,461 2,198 - 908 Foreign--official accounts 265 30 + 106 Other 408 + 76 + 15 Total deposits 33,757 1,333 - 9,820 Deferred availability cash items (661) 5,556 2,279 - 626 Other liabilities and accrued dividends4 4,437 168 • 1,888 TOTAL LIABILITIES (661) 419,556 3,745 + 22,791 CAPITAL ACCOUNTS Capital paid in 3,768 10 + 328 Surplus 3,683 0 + 282 Other capital accounts 1,390 + 886 + 658 * 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 $ 7,473 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 105 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, MARCH 1, 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 24 0 WWiitthhiinn 1155 ddaayyss 1166,,442200 1,848 0 310 16 days to 90 days 31 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,881133 + 283 448 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111144,,996677 + 1,503 1,143 + 255 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,773311 558 1,418 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,999900 0 457 0 OOvveerr 1100 yyeeaarrss 3355,,554455 0 25 0 Total 55 0 TToottaall 336644,,446666 620 3,491 55 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 MARCH 1, 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 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 424 20 28 26 23 74 52 33 27 25 28 40 47 Loans 55 2 0 0 0 1 0 1 11 16 19 0 5 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,491 183 1,290 137 220 279 156 400 139 77 150 132 329 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 177,946 9,315 65,753 6,960 11,217 14,224 7,954 20,385 7,077 3,919 7,633 6,730 16,780 Notes 143,773 7,526 53,126 5,623 9,063 11,492 6,426 16,470 5,718 3,166 6,167 5,437 13,557 Bonds 42,747 2,238 15,795 1,672 2,695 3,417 1,911 4,897 1,700 941 1,834 1,617 4,031 Total bought outright2 364,466 19,079 134,674 14,254 22,975 29,133 16,291 41,752 14,495 8,027 15,634 13,784 34,368 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 364,466 19,079 134,674 14,254 22,975 29,133 16,291 41,752 14,495 8,027 15,634 13,784 34,368 Total loans and securities 368,012 19,264 135,964 14,391 23,195 29,413 16,447 42,153 14,645 8,119 15,803 13,916 34,702 Items in process of collection 7,255 390 705 478 264 519 731 905 341 540 508 455 1,420 Bank premises 1,078 93 137 47 47 133 64 112 30 48 53 158 156 Other assets3 33,221 1,338 9,995 1,388 2,194 2,823 2,683 3,758 862 834 1,249 1,953 4,145 Interdistrict settlement account 0 -3,703 +18,037 + 949 -2,705 -946 +57 -2,677 +3,755 -2,220 -2,958 -2,450 -5,140 TOTAL ASSETS 429,059 18,466 171,807 17,975 24,234 33,572 20,893 46,537 20,256 7,763 15,318 14,902 37,336 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 $ 7,473 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 105 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 MARCH 1, 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 375,806 16,160 158,571 15,499 21,239 28,809 15,931 41,430 18,576 6,158 13,130 11,799 28,505 Deposits Depository institutions 29,622 1,360 4,876 1,432 1,877 3,091 3,172 2,830 1,076 779 1,223 1,957 5,949 U.S. Treasury--general account 3,461 0 3,461 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 265 5 162 6 10 11 13 16 3 4 5 9 20 Other 406 1 159 1 1 128 1 106 1 6 1 1 1 Total deposits 33,757 1,366 8,658 1,439 1,888 3,231 3,187 2,952 1,080 789 1,230 1,967 5,969 Deferred credit items 6,218 334 685 454 230 456 747 602 207 473 417 386 1,225 Other liabilities and accrued dividends1 4,437 241 1,484 194 275 371 242 506 186 120 214 180 422 TOTAL LIABILITIES 420,217 18,102 169,398 17,586 23,631 32,867 20,107 45,491 20,049 7,540 14,991 14,333 36,121 CAPITAL ACCOUNTS Capital paid in 3,768 154 1,006 168 257 299 345 449 85 96 140 248 522 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 1,390 71 415 60 87 109 100 178 37 30 48 74 181 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 429,059 18,466 171,807 17,975 24,234 33,572 20,893 46,537 20,256 7,763 15,318 14,902 37,336 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 456,702 22,061 181,720 17,938 25,483 35,425 22,826 48,882 21,504 7,893 14,767 16,011 42,191 Less--Held by F.R. Banks 80,896 5,900 23,150 2,439 4,244 6,616 6,896 7,452 2,929 1,736 1,638 4,212 13,685 F.R. notes, net 375,806 16,160 158,571 15,499 21,239 28,809 15,931 41,430 18,576 6,158 13,130 11,799 28,505 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 356,738 Total collateral 375,806 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