H.4.1 Factors Affecting Reserve Balances of Depository Institutions

'oOL£2 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. *4LR£" H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 18, 1995 Millions of dollars I Averages of daily f igures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended [ Change from week ended J Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 17, 1995 piay 10, 1995 | May 18, 1994 1 May 17, 1995 Reserve Bank credit1 2 410,582 - 434 + 28,267 412,018 U.S. government securities Bought outright — system account 369,414 + 424 + 25,995 368,850 Held under repurchase agreements 1,663 - 175 + 214 3,880 Federal agency obligations Bought outright 3,358 - 26 - 664 3,358 Held under repurchase agreements 429 • 136 + 292 1,000 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 5 - 7 - 117 4 Seasonal credit 134 + 7 i + 1 138 Extended credit 0 0 0 0 Float 401 - 143 - 45 715 Other F.R. assets 35,178 - 650 + 2,590 34,075 Gold stock 11,055 0 + 2 11,055 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,318 • 14 • 897 23,318 Total factors supplying reserve funds 452,973 - 421 _ 29,166 454,409 Currency in circulation* 408,527 + 850 + 34,459 409,131 Treasury cash holdings* 345 - 5 - 30 336 Deposits, other than reserve balances, with F.R. Banks ' Treasury 5,582 + 706 - 415 5,835 Foreign 185 + 9 - 20 179 Service-related balances and adjustments3 4,187 + 54 - 1,862 4,187 Other 320 + 4 + 2 320 Other F.R. liabilities and capital 1 12,925 - 177 •f 2,485 12,688 Total factors, other than reserve balances, | absorbing reserve funds 432,071 + 1.442 + 34,619 432,676 Reserve balances with F.R. Banks4 20,902 - 1,862 - 5,453 21,733 On May 17, 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 $ 444,649 million, a change of •+• $ 4,178 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 6,682 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,682 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,246 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,246 million was with foreign official and international accounts. Includes $ 192 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,031 million and adjustments of $ 156 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 hay 17, 1995 May 10, 1995 May 18, 1994 ASSETS Gold certificate account 11,055 0 2 Special drawing rights certificate account 8,018 0 0 Coin 414 6 17 Loans 141 20 46 Acceptances 0 0 0 Federal agency obligations Bought outright 3,358 0 664 Held under repurchase agreements1 1,000 1,000 45 U.S. government securities Bought outright--Bills 178,173 1,823 14,574 Notes 146,998 543 8,466 Bonds 43,679 543 3,297 Total bought outright2 368,850 1,823 26,338 Held under repurchase agreements1 3,880 1,925 1,864 Total U.S. government securities 372,730 102 28,202 Total loans and securities 377,229 1,082 27,536 Items in process of collection (508) 5,833 54 260 Bank premises 1,090 4 34 Other assets3 32,928 1,958 2,631 TOTAL ASSETS (508) 436,566 812 30,480 LIABILITIES Federal Reserve notes 386,563 94 33,596 Deposits Depository institutions 25,833 - 1,986 - 6,321 U.S. Treasury--general account 5,835 • 959 + 704 Foreign--official accounts 179 + 23 • 1 Other 320 • 5 + 5 Total deposits 32 ,167 - 999 - 5,611 Deferred availability cash items (508) 5 ,148 + 332 + 101 Other liabilities and accrued dividends4 4 619 - 54 + 1,673 TOTAL LIABILITIES (508) 428,498 — 815 + 29,759 CAPITAL ACCOUNTS Capital paid in 3,810 + 6 + 294 Surplus 3,683 0 • 282 Other capital accounts 576 - 2 + 145 * 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 ito foreign official and international accounts of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 7.246 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 192 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, MAY 17, 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 135 0 WWiitthhiinn 1155 ddaayyss 2222,,557766 •• 114433 1,366 • 1,366 16 days to 90 days 6 0 1166 ddaayyss ttoo 9900 ddaayyss 8855,,116699 •• 11,,774455 389 308 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111155,,007700 22,,992288 861 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8866,,444499 337788 1,300 58 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2288,,551111 •• 33,,224488 417 0 OOvveerr 1100 yyeeaarrss 3344,,995555 11,,772288 25 0 Total 141 0 TToottaall 337722,,773300 •• 110022 4,358 • 1,000 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 17, 1995 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San 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 414 25 25 28 23 70 43 33 30 27 24 36 50 Loans 141 6 0 0 0 0 6 11 24 65 17 3 9 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 1,000 0 1,000 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 178,173 8,763 70,816 7,730 10,271 13,684 8,272 20,541 8,154 3,217 6,808 5,777 14,141 Notes 146,998 7,229 58,425 6,377 8,474 11,290 6,824 16,947 6,727 2,654 5,617 4,766 11,667 Bonds 43,679 2,148 17,360 1,895 2,518 3,355 2,028 5,036 1,999 789 1,669 1,416 3,467 Total bought outright2 368,850 18,140 146,601 16,002 21,263 28,329 17,124 42,524 16,880 6,659 14,094 11,959 29,275 Held under repurchase agreements1 3,880 0 3,880 0 0 00 0 0 00 0 0 0 0 Total U.S. govt, securities 372,730 18,140 150,481 16,002 21,263 2288,,332299 17,124 42,524 1166,,888800 6,659 14,094 11,959 29,275 Total loans and securities 377,229 18,311 152,816 16,148 21,457 28,587 17,285 42,922 17,058 6,785 14,238 12,072 29,550 Items in process of collection 6,341 453 853 299 330 408 656 532 281 452 449 425 1,204 Bank premises 1,090 93 139 48 51 133 63 111 30 52 54 159 156 Other assets3 32,928 1,292 10,245 1,395 2,124 2,764 2,650 3,705 882 794 1,199 1,888 3,990 Interdistrict settlement account 0 + 174 + 325 -1,763 -336 +1,611 +3,724 -706 +1,318 -615 -1,674 -963 -1,097 TOTAL ASSETS 437,074 ! 21,435 171,489 16,892 24,824 35,087 25,297 48,853 20,251 7,884 14,871 14,398 35,794 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 $ 7,246 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 192 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 MAY 17, 1995 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 386,563 19,515 155,622 14,864 22,499 31,324 20,798 43,693 18,707 6,131 12,913 11,643 28,853 Deposits Depository institutions 25,833 959 5,266 1,236 1,263 2,229 2,783 3,081 924 991 1,070 1,705 4,328 U.S. Treasury--general account 5,835 0 5,835 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 179 5 76 6 10 11 13 16 3 4 5 9 20 Other 320 1 119 2 2 77 1 110044 00 33 22 55 4 Total deposits 32,167| 965 11,296 1,244 1,275 2,317 2,797" 33,,220011 992277 999988 11,,007777 11,,771199 4,351 Deferred credit items 5,656 377 691 213 243 449 714 470 205 448 375 355 1,115 Other liabilities and accrued dividends1 4,615J 238 1,668 216 262 363 2b2 530 214 108 204 169 387 TOTAL LIABILITIES 429,006 21,095 169,278 16,537 24,279 34,452 24,570 47,893 20,053 7,684 14,570 13,886 34,706 CAPITAL ACCOUNTS Capital paid in 3,810 159 1,011 167 259 302 354 455 89 97 142 249 525 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 576 __ 4^ 212 26 29 36 32 86 24 5 2200 1166 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 437,074 21,435 171,489 16,892 24,824 35,087 25,297 48,853 20,251 7,884 14,871 14,398 35,794 FEDE~RAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 464,074 24,784 180,164 17,176 26,517 37,230 27,596 50,475 21,058 7,555 14,256 15,927 41,336 Less--Held by F.R. Banks 77,511 5^269 24,542 2,312 4,018 5,906 6,798 6,782 2,351 1,424 1,343 4,284 12,483 F.R. notes, net 386,563 19,515 155,622 14,864" 22,499 31,324 20,798 43,693" 18,707 6,131 12,913 11,643 28,853 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 367,490 Total collateral 386,563 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