H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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. -.fsrof. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 9, 1995 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froti week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 8, 1995 Mar 1, 1995 Mar 9, 1994 Mar 8, 1995 Reserve Bank credit1 2 402,584 + 1,036 + 28,281 401,887 U.S. government securities Bought outright--system account 363,898 + 434 + 30,053 361,803 Held under repurchase agreements 0 0 2,639 0 Federal agency obligations Bought outright 3,491 - 31 746 3,491 Held under repurchase agreements 0 0 238 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 16 - 2 + 7 16 Seasonal credit 38 + 1 • 23 40 Extended credit 0 0 0 0 Float 1,045 + 184 310 2,779 Other F.R. assets 34,096 + 450 + 2,131 33,759 Gold stock 11,050 0 2 11,050 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,127 + 14 + 877 23,127 Total factors supplying reserve funds 444,779 _ 1,050 + 29,156 444,083 Currency in circulation* 398,406 + 1,378 + 32,591 400,405 Treasury cash holdings* 346 + 5 29 349 Deposits, other than reserve balances, with F.R. Banks Treasury 5,158 - 19 64 5,114 Foreign 177 - 5 16 166 Service-related balances and adjustments3 4,286 + 112 2,099 4,286 Other 393 - 272 • 30 381 Other F.R. liabilities and capital 13,326 + 385 + 3,159 12,312 Total factors, other than reserve balances, absorbing reserve funds 422,092 + 1,582 + 33,572 423,013 Reserve balances with F.R. Banks4 22,687 - 532 4,416 21,069 On March 8, 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 $ 418,601 million, a change of + $ 2,030 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 8,041 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,029 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 10,136 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,886 million was with foreign official and international accounts. Includes $ 75 million securities loaned--fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,032 million and adjustments of $ 255 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 8, 1995 Mar 1, 1995 Mar 9, 1994 ASSETS Gold certificate account 11,050 0 - 2 Special drawing rights certificate account 8,018 0 0 Coin 421 - 2 - 16 Loans 55 + 1 + 36 Acceptances 0 0 0 Federal agency obligations Bought outright 3,491 0 - 746 Held under repurchase agreements1 0 0 - 555 U.S. government securities Bought outright—Bills 175,284 - 2,663 • 12,512 Notes 143,773 0 + 12,462 Bonds 42,747 0 + 3,026 Total bought outright2 361,803 - 2,663 + 28,000 Held under repurchase agreements1 0 0 - 3,174 Total U.S. government securities 361,803 - 2,663 + 24,826 Total loans and securities 365,350 - 2,662 + 23,561 Items in process of collection (582) 7,898 + 1,304 + 1,852 Bank premises 1,079 + 1 + 25 Other assets3 32,706 - 515 + 1,613 TOTAL ASSETS (582) 426,523 - 1,875 + 27,033 LIABILITIES Federal Reserve notes 378,048 + 2,241 + 32,414 Deposits Depository institutions 25,463 - 4/L59 - 8,248 U.S. Treasury--general account 5,114 + 1,653 + 392 Foreign--official accounts 166 - 100 - 38 Other 381 - 26 + 37 Total deposits 31,125 - 2,632 - 7,857 Deferred availability cash items (582) 5,038 - 518 - 133 Other liabilities and accrued dividends4 4,369 - 68 + 1,883 TOTAL LIABILITIES (582) 418,580 - 977 + 26,306 CAPITAL ACCOUNTS Capital paid in 3,765 - 2 • 325 Surplus 3,683 0 + 282 Other capital accounts 494 - 896 + 120 * 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 $ 10,136 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 75 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 $ 95 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 8, 1995 Acceptances and securities field 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 Holdings Weekly Holdings *. '.'tervly changes Within 15 days 23 0 WWiitthhiinn 1155 ddaayyss 1133,,336699 33,,005511 00 16 days to 90 days 32 0 1166 ddaayyss ttoo 9900 ddaayyss 9900,,002277 ++ 66,,221133 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 110099,,114422 55,,882255 TTiill J OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,773311 00 11,,441188 Q OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,999900 00 445577 0 OOvveerr 1100 yyeeaarrss 3355,,554455 00 2255 0 Total 55 0 TToottaall 336611,,880033 22,,666633 33,,449911 0 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 8, 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 421 20 28 26 24 73 50 32 28 26 26 39 48 Loans 55 1 0 3 0 0 3 2 5 22 19 0 2 Acceptances 0 C 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 175,284 9,176 64,769 6,855 11,049 14,011 7,835 20,080 6,971 3,860 7,519 6,629 16,529 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 361,803 18,940 133,690 14,150 22,807 28,921 16,172 41,447 14,389 7,968 15,520 13,683 34,117 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 361,803 18,940 133,690 14,150 22,807 28,921 16,172 41,447 14,389 7,968 15,520 13,683 34,117 Total loans and securities 365,350 19,123 134,980 14,289 23,027 29,200 16,330 41,849 14,533 8,067 15,688 13,815 34,448 Items in process of collection 8,480 767 1,561 515 324 777 901 662 314 447 473 467 1,271 Bank premises 1,079 93 137 47 47 133 64 112 30 48 53 158 156 Other assets3 32,706 1,323 9,862 1,368 2,158 2,786 2,612 3,696 852 821 1,235 1,920 4,074 Interdistrict settlement account 0 -4,051 +22,399 +466 -2,954 -1,665 -501 -2,269 +3,742 -2,147 -3,010 -2,958 -7,053 TOTAL ASSETS 427,105 18,339 175,908 17,408 23,842 32,858 20,317 46,336 20,096 7,678 15,102 14,271 34,950 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 $ 10,136 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 75 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 $ 95 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 8, 1995 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 378,048 16,216 160,503 15,515 21,402 28,996 15,738 41,527 18,681 6,185 13,191 11,722 28,373 Deposits Depository institutions 25,463 1,213 5,884 1,032 1,402 2,288 2,940 2,717 836 737 985 1,500 3,929 U.S. Treasury--general account 5,114 0 5,114 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 166 5 63 6 10 11 13 16 3 4 5 9 20 Other 381 1 148 1 0 126 1 96 0 5 1 1 1 Total deposits 31,125 1,219 11,209 1,039 1,413 2,425 2,954 2,829 839 746 992 1,510 3,950 Deferred credit items 5,620 340 599 308 219 436 676 534 206 429 407 346 1,119 Other liabilities and accrued dividends1 4,369 237 1,443 194 269 370 237 503 185 118 213 180 421 TOTAL LIABILITIES 419,161 18,013 173,754 17,055 23,302 32,226 19,605 45,392 19,911 7,478 14,803 13,758 33,863 CAPITAL ACCOUNTS Capital paid in 3,765 152 1,006 167 256 299 345 449 85 96 140 248 522 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 494 35 160 24 26 37 26 76 15 6 20 18 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 427,105 18,339 175,908 17,408 23,842 32,858 20,317 46,336 20,096 7,678 15,102 14,271 34,950 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 455,720 21,929 181,939 17,852 25,601 35,362 22,434 48,802 21,513 7,888 14,721 15,840 41,839 Less--Held by F.R. Banks 77,672 5,713 21,436 2,337 4,199 6,366 6,696 7,276 2,832 1,702 1,530 4,118 13,466 F.R. notes, net 378,048 16,216 160,503 15,515 21,402 28,996 15,738 41,527 18,681 6,185 13,191 11,722 28,373 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 358,979 Total collateral 378,048 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