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 •.MTSsf. 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 16, 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 Mar 15, 1995 Mar 8, 1995 Mar "1 6, 1994 Mar 15, 1995 Reserve Bank credit1 2 404,406 + 1,823 + 28,778 411,206 U.S. government securities Bought outright--system account 364,415 + 517 + 30,401 363,316 Held under repurchase agreements 2,103 + 2,103 - 2,392 9,018 Federal agency obligations Bought outright 3,491 0 - 746 3,491 Held under repurchase agreements 61 + 61 - 231 325 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 15 - 1 - 20 18 Seasonal credit 49 + 11 + 31 53 Extended credit 0 0 0 0 Float 473 - 571 + 203 1,256 Other F.R. assets 33,800 - 296 + 1,532 33,727 Gold stock 11,051 0 - 2 11,051 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,141 +_ 14 + 872 23,141 Total factors supplying reserve funds 446,615 1,837 _ 29,649 453,416 Currency in circulation* 401,253 + 2,847 + 34,591 402,312 Treasury cash holdings* 349 + 4 - 29 352 Deposits, other than reserve balances, with F.R. Banks Treasury 5,175 + 17 - 288 5,470 Foreign 173 - 4 + 2 165 Service-related balances and adjustments3 4,375 + 89 - 2,365 4,375 Other 384 - 9 + 30 413 Other F.R. liabilities and capital 12,850 - 476 + 2,835 12,761 Total factors, other than reserve balances, absorbing reserve funds 424,559 + 2,467 + 34,776 425,848 Reserve balances with F.R. Banks4 22,056 - 630 - 5,127 27,569 On March 15, 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 $ 419,363 million, a change of + $ 762 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 7,525 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,525 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of % 8,621 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 8,621 million was with foreign official and international accounts. Includes $ 0 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,031 million and adjustments of $ 344 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for f\oat. * Estimated (Treasury's figures). Components may not add to totals due to rounding. !Q ? ^..y rUUn Uii L"- 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 15, 1995 Mar 8, 1995 Mar 16, 1994 ASSETS Gold certificate account 11,051 + 1 - 1 Special drawing rights certificate account 8,018 0 0 Coin 423 + 2 - 17 Loans 71 + 15 - 48 Acceptances 0 0 0 Federal agency obligations Bought outright 3,491 0 - 746 Held under repurchase agreements1 325 + 325 - 180 U.S. government securities Bought outright--Bills 176,798 + 1,515 + 12,031 Notes 143,773 0 + 12,462 Bonds 42,747 0 + 3,026 Total bought outright2 363,318 + 1,515 + 27,519 Held under repurchase agreements1 9,018 + 9,018 + 3,289 Total U.S. government securities 372,336 + 10,533 + 30,808 Total loans and securities 376,223 + 10,873 + 29,834 Items in process of collection (429) 6,461 - 1,437 + 229 Bank premises 1,079 0 + 25 Other assets3 3322,,668877 - 1199 ++ 1,359 TOTAL ASSETS ((442299)) 443355,,994433 + 99,,442200 ++ 31,429 LIABILITIES Federal Reserve notes 379,946 + 1,898 + 33,879 Deposits Depository institutions 32,246 + 6,783 - 2,070 U.S. Treasury--general account 5,470 + 356 - 2,723 Foreign--official accounts 165 - 1 - 8 Other 413 + 31 + 31 Total deposits 38,293 + 7,169 - 4,770 Deferred availability cash items (429) 4,942 - 97 - 622 Other liabilities and accrued dividends4 4,780 + 411 + 2,161 TOTAL LIABILITIES (429) 427,961 + 9,381 + 30,648 CAPITAL ACCOUNTS Capital paid in 3,769 + 4 + 329 Surplus 3,683 0 + 282 Other capital accounts 529 + 34 + 169 * 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 $ 8,621 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 102 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 15, 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 35 0 WWiitthhiinn 1155 ddaayyss 1199,,331111 + 5,942 440088 + 408 16 days to 90 days 35 0 1166 ddaayyss ttoo 9900 ddaayyss 9900,,556688 + 541 773311 83 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111133,,119922 + 4,050 777777 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,773311 0 11,,441188 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,999900 0 445577 0 CCvveerr 1100 yyeeaarrss 3355,,554455 0 2255 0 Total 71 0 TToottaall 337722,,333366 + 10,533 33,,881166 + 325 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 15, 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 423 21 28 27 25 73 50 34 30 26 24 38 47 Loans 71 2 0 0 0 0 3 4 8 25 24 1 3 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 325 0 325 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 176,798 9,255 65,329 66,,991155 1111,,114455 14,132 7,902 20,253 7777,,,,000033331111 3333,,,,888899994444 7777,,,,555588884444 6666,,,,666688886666 16,672 Notes 143,773 7,526 53,126 55,,662233 99,,006633 11,492 6,426 16,470 5555,,,,777711118888 3333,,,,111166666666 6666,,,,111166667777 5555,,,,444433337777 13,557 Bonds 42,747 2,238 15,795 11,,667722 22,,669955 3,417 1,911 4,897 1111,,,,777700000000 999944441111 1111,,,,888833334444 1111,,,,666611117777 4,031 Total bought outright2 336633,,331188 1199,,001199 134,250 1144,,220099 2222,,990022 2299,,004422 111666,,,222333999 444111,,,666222000 11114444,,,,444444449999 8888,,,,000000001111 11115555,,,,555588885555 11113333,,,,777744441111 34,260 Held under repurchase agreements1 99,,001188 00 9,018 00 00 00 000 000 0000 0000 0000 0000 0 Total U.S. govt, securities 337722,,333366 119977001199 143,268 14,209 22,902 2299,,004422 111666,,,222333999 444111,,,666222000 11114444,,,,444444449999 8888,,,,000000001111 11115555,,,,555588885555 11113333,,,,777744441111 34,260 Total loans and securities 376,223 19,204 144,883 14,346 23,122 29,321 111666,,,333999999 444222,,,000222555 11114444,,,,555599996666 8888,,,,111100003333 11115555,,,,777755559999"""" 11113333,,,,888877774444 34,592 Items in process of collection 6,890 381 811 345 283 604 795 697 221 391 431 578 1,353 Bank premises 1,079 93 137 47 48 133 64 112 30 48 54 158 156 Other assets3 32,687 1,313 10,029 1,352 2,142 2,764 2,578 3,673 848 812 1,232 1,916 4,028 Interdistrict settlement account 0 -3,210 +16,943 + 927 -2,437 -783 -889 -1,835 +4,023 -2,043 -2,753 -2,113 -5,829 TOTAL ASSETS 436,371 18,867 179,773 17,740 24,399 33,666 19,856 46,958 20,345 7,753 15,380 15,280 36,353 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 $ 8,621 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 102 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 15, 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 379,946 16,213 162,878 15,454 21,423 29,037 15,418 41,710 18,622 6,214 13,198 11,658 28,120 Deposits Depository institutions 32,246 1,735 6,672 1,499 1,900 3,067 2,808 3,128 1,138 879 1,273 2,548 5,600 U.S. Treasury--general account 5,470 0 5,470 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 165 5 62 6 10 11 13 16 3 4 5 9 20 Other 413 1 173 00 22 112222 11 110033 00 44 11 11 4 Total deposits 38,293 1,741 12,377 11,,550055 11,,991122 33,,220000 22,,882222 33,,224477 11,,114422 888866 11,,227799 22,,555599 5,623 Deferred credit items 5,370 339 597 228 240 412 659 530 202 330 375 366 1,090 Other liabilities and accrued dividends1 4,780 246 1,740 200 282 387 224455 552211 119933 112222 222200 118866 437 TOTAL LIABILITIES 428,390^ 18,539 177,591 17,389 23,857 33,037 1199,,114455 4466,,000099 2200,,115599 77,,555533 1155,,007722 1144,,776699 35,270 CAPITAL ACCOUNTS Capital paid in 3,769 152 1,007 167 256 299 348 449 85 96 140 248 522 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 529 36 187 23 28 34 23 82 17 6 29 16 48 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 436,371 18,867 179,773 17,740 24,399 33,666 19,856 46,958 20,345 7,753 15,380 15,280 36,353 FTDERAL~RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 455,014 21,794 182,428 17,762 25,643 35,349 22,082 48,868 21,468 7,875 14,677 15,704 41,364 Less--Held by F.R. Banks 75,068 5,581 19,550 2,307 4,220 6,312 6,663 7,158 2,846 1,661 1,480 4,046 13,244 F.R. notes, net 379,946 16,213 162,878 15,454 21,423 29,037 15,418 41,710 18,622 6,214 13,198 11,658 28,120 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 360,877 Total collateral 379,946 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