H.4.1 Factors Affecting Reserve Balances of Depository Institutions

%;bfCoJA-.. 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 ••r^r^f--' H4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 11, 1995 Millions of dollars 1 Averages of daily f igures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended jChange from week ended J Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 10, 1995 j May 3, 1995 | May 11, 1994 1 May 10, 1995 Reserve Bank credit1 2 411,008 - 1,608 4- 28,858 412,786 U.S. government securities Bought outright--system account 368,990 27 + 25,857 370,672 Held under repurchase agreements 1,838 1,653 + 1,183 1,955 Federal agency obligations Bought outright 3,384 - 4 - 656 3,358 Held under repurchase agreements 293 - 136 4- 186 o Acceptances 0 i 0 0 0 Loans to depository institutions Adjustment credit 12 23 ! - 35 32 Seasonal credit 127 +• 6 4- 16 130 Extended credit 0 0 0 0 Float 537 + 142 4- 54 659 Other F.R. assets 35,829 4- 87 4- 2,253 35,980 Gold stock 11,055 0 4- 2 11,055 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,304 •f 14 4- 903 23,304 Total factors supplying reserve funds 453,385 - 1,594 _ 29,763 455,163 Currency in circulation* 407,677 4- 1,585 4- 34,242 409,207 Treasury cash holdings* 350 - 6 - 28 347 Deposits, other than reserve balances, with F.R. Banks , Treasury 4,876 - 4,526 - 1/191 4,876 Foreign 175 - 5 4- 15 : 156 Service-related balances and adjustments3 4,133 - 261 - 2,538 4,133 Other 316 - 18 j 4- 8 314 Other F.R. liabilities and capital 13,102 4- 108 • 2,738 12,738 Total factors, other than reserve balances, absorbing reserve funds 430,629 3,122 4- 33,246 431,772 Reserve balances with F.R. Banks4 22,756 4- 1,527 - 3,482 23,390 On May 10, 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 $ 440,471 million, a change of - $ 6,425 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 7,106 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,106 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,424 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,424 million was with foreign official and international accounts. Includes $ 187 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3.908 million and adjustments of $ 225 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 Wednesday Wednesday Wednesday May 10, 1995 May 3, 1995 May 11, 1994 ASSETS Gold certificate account 11,055 0 2 Special drawing rights certificate account 8,018 0 0 Coin 408 8 2 Loans 162 8 7 Acceptances 0 0 0 Federal agency obligations Bought outright 3,358 30 664 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright — Bills 179,996 2,461 16,107 Notes 146,454 0 9,009 Bonds 44,222 0 2,755 Total bought outright2 370,672 2,461 27,871 Held under repurchase agreements1 1,955 2,349 1,955 Total U.S. government securities 372,627 112 29,826 Total loans and securities 376,147 91 29,169 Items in process of collection (554) 5,779 175 -483 Bank premises 1,086 1 29 Other assets3 34,886 237 2,619 TOTAL ASSETS (554) 437,378 161 32,304 LIABILITIES Federal Reserve notes 386,657 1,527 33,541 Deposits Depository institutions 27,820 + 2,712 - 2,237 U.S. Treasury--general account 4,876 - 3,637 - 1,453 Foreign--official accounts 156 - 13 - 15 Other 314 - 6 + 6 Total deposits 33,167 - 944 - 3,699 Deferred availability cash items (554) 4,816 - 494 - 81 Other liabilities and accrued dividends* 4,674 • 200 • 1,794 TOTAL LIABILITIES (554) 429,313 • 289 • 31,555 CAPITAL ACCOUNTS Capital paid in 3,804 • 5 • 321 Surplus 3,683 0 • 282 Other capital accounts 578 - 133 • 146 * 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 $ 1,516 million was outstanding at the end of the latest statement week. 2 Net of $ 5,424 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 187 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 $ 106 million \n 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, MAY 10, 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 55 0 WWiitthhiinn 1155 ddaayyss 2222,,443333 4,452 0 30 16 days to 90 days 107 0 1166 ddaayyss ttoo 9900 ddaayyss 8833,,442244 • 114 697 • 10 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111177,,999977 + 4,450 861 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,882277 0 1,358 10 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2255,,226633 0 417 0 OOvveerr 1100 yyeeaarrss 3366,,668833 0 25 0 Total 162 0 TToottaall 337722,,662277 • 112 3,358 30 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 MAY 10, 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 11,055 575 4,278 433 621 862 556 1,220 484 203 382 405 1,036 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 408 23 25 29 23 68 42 32 28 28 25 34 50 Loans 162 3 0 20 0 0 5 12 29 65 18 3 6 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,358 165 1,335 146 194 258 156 387 154 61 128 109 267 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 179,996 8,852 71,540 7,809 10,376 13,824 8,356 20,751 8,237 3,250 6,878 5,836 14,286 Notes 146,454 7,203 58,209 6,354 8,443 11,248 6,799 16,884 6,702 2,644 5,596 4,748 11,624 Bonds 44,222 2,175 17,576 1,919 2,549 3,39o 2,053 55,,009988 22,,002244 779988 11,,669900 11,,443344 3,510 Total bought outright2 370,672 18,230 147,325 16,081 21,368 28,469 17,208 4422,,773344 1166,,996633 66,,669922 1144,,116633 1122,,001188 29,419 Held under repurchase agreements1 1,955 0 1,955 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 372,627 18,230 149,280" 16,081 21,368 28,469 17,208 42,734 16,963 6,692" 14,163 12,018 29,419 Total loans and securities 376,147 18,398 150,615 16,247 21,562 28,727 17,369 43,133 17,146 6,818 14,309 12,130 29,692 Items in process of collection 6,332 428 792 283 308 553 859 574 222 485 383 409 1,037 Bank premises 1,086 93 138 48 49 133 63 111 30 50 54 159 156 Other assets3 34,886 1,399 10,922 1,484 2,244 2,925 2,742 3,954 980 834 1,282 1,960 4,158 Interdistrict settlement account 0_ -1,633 +2,131 -1,593 -54 ••11,,220099 ++33,,446600 --11,,226611 ++11,,226688 --11,,009988 --11,,664422 --226699 -520 TOTAL ASSETS 437,932 19,796 171,710 17,235 25,310 3355,,113300 2255,,440099 4488,,779999 2200,,332277 77,,550077 1144,,999922 1155,,220055 36,513 1 Does not include U.S. government and federal agency securities resold under matched sate-purchase transactions to foreign official and international accounts, of which $ 1,516 million was outstanding at the end of the latest statement week. 2 Net of $ 5,424 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 187 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 $ 106 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 MAY 10, 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 386,657 17,465 156,879 14,949 22,472 31,314 20,934 43,860 18,740 6,135 12,990 11,823 29,096 Deposits Depository institutions 27,820 1,387 5,208 1,502 1,788 2,269 2,840 2,835 990 654 1,129 2,353 4,8bb U.S. Treasury--general account 4,876 0 4,876 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 156 5 53 6 10 11 13 16 3 4 5 9 20 Other 314 1 115 1 2 80 1 107 0 33__ 11 1 Total deposits 33,167 1 1,394 10,253 1,509 1,800 2,361 2,854 2,958 993 66bbbb ll77ll33oo~~ 22,,33bb33~~ 4,88b Deferred credit items 5,370 364 685 205 230 453 630 467 178 402 357 33b 1,042 Other liabilities and accrued dividends1 , 4,674 239 1,683 221188 226666 3b6 262 535 217 110088 220088 117711 3^8 TOTAL LIABILITIES 429,867 19,461 169,501 1166,,888811 2244,,776688 34,494 247blTo 47,841 20,129 77,,3300bb"" 114477bb9911 llHH,,bb9933 35,423 CAPITAL ACCOUNTS Capital paid in 3,804 159 1,011 167 259 301 354 453 89 95 142 248 525 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 578 36 210 25 26 39 34 87 25 7 20 lb 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 437,932 19,796 171,710 17,235 25,310 35,130 25,409 48,799 20,327 7,507 14,992 15,205 3b,513 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 462,311 22,744 180,453 17,206 26,453 36,962 27,608 50,556 21,086 7,571 14,283 16,029 41,359 Less--Held by F.R. Banks 75,654 5,280 23,574 2,257 3,981 5,648 6,674 6,696 2,346 1,437 1,292 4,206 12,2b3 F.R. notes, net 386,657 |17,465 156,879 14,949 22,472 31,314 20,934 43,860 18,740 6,135 12,990 11,823 29,09o Collateral held against F.R. notes Gold certificate account 11,055 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 367,584 Total collateral 386,657 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