H.4.1 Factors Affecting Reserve Balances of Depository Institutions

H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 6, 1995 Millions of dollars Averages 01: daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 5, 1995 Jun 28, 1995 Jul 6, 1994 Jul 5, 1995 Reserve Bank credit1 2 420,659 + 9,488 + 26,469 418,432 U.S. government securities Bought outright--system account 372,639 - 203 , + 22,529 370,538 Held under repurchase agreements 9,045 + 8,596 + 3,394 6,429 Federal agency obligations Bought outright 3,096 - 5 - 824 3,096 Held under repurchase agreements 251 + 251 - 58 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 235 • 225 - 210 1,622 Seasonal credit 216 + 4 - 90 212 Extended credit 0 0 0 0 Float 388 + 113 - 313 991 Other F.R. assets 34,790 + 506 + 2,041 35,544 Gold stock 11,054 0 • 1 11,053 Special drawing rights certificate account 9,089 + 1,071 + 1,071 10,518 Treasury currency outstanding 23,430 + 14 + 896 23,430 Total factors supplying reserve funds 464,232 _ 10,574 _ 28,437 463,433 Currency in circulation* 411,222 + 3,434 + 27,852 413,395 Treasury cash holdings* 318 + 5 - 36 311 Deposits, other than reserve balances, with F.R. Banks Treasury 13,727 + 6,750 • 7,810 7,059 Foreign 185 - 41 - 135 192 Service-related balances and adjustments3 4,504 + 36 - 1,634 4,504 Other 262 - 19 - 14 282 Other F.R. liabilities and capital 13,327 + 423 + 1,581 12,967 Total factors, other than reserve balances, absorbing reserve funds 443,545 + 10,588 + 35,424 438,709 Reserve balances with F.R. Banks4 20,686 - 14 - 6,987 24,723 On July 5, 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 $ 459,901 million, a change of 4- $ 12,175 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 7,927 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,927 million wa^ with foreign official and international accounts. Includes securities loaned-fuHy secured by U.S. government securities. 2 Net of $ 10,028 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 10,028 million was with foreign official and international accounts. Includes $ 304 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,280 million and adjustments of $ 224 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 Jul 5, 1995 Jun 28, 1995 Jul 6, 1994 ASSETS Gold certificate account 11,053 0 + 1 Special drawing rights certificate account 10,518 + 2,500 + 2,500 Coin 334 34 * 49 • - Loans 1,834 + 1,606 - 861 Acceptances 0 0 0 Federal agency obligations Bought outright 3,096 0 - 824 Held under repurchase agreements1 0 0 - 463 U.S. government securities Bought outright--Bills 179,861 - 2,002 + 10,464 Notes 146,998 0 + 8,311 Bonds 43,679 0 • 3,297 Total bought outright2 370,538 - 2,002 + 22,072 Held under repurchase agreements1 6,429 + 3,283 + 1,247 Total U.S. government securities 376,967 + 1,281 + 23,319 Total loans and securities 381,897 + 2,887 + 21,172 - - Items in process of collection (309) 4,385 721 4,886 Bank premises 1,090 - 6 + 29 Other assets3 34,098 * 795 + 2,387 TOTAL ASSETS (309) 443,376 + 5,420 + 21,252 LIABILITIES Federal Reserve notes 390,609 + 3,751 + 27,339 Deposits Depository institutions 28,966 • 3,463 - 3,570 U.S. Treasury--general account 7,059 - 662 + 102 Foreign--official accounts 192 - 67 + 17 Other 282 0 - 13 Total deposits 36,499 + 2,734 - 3,463 Deferred availability cash items (309) 3,300 - 1,335 - 4,131 Other liabilities and accrued dividends4 4,619 + 9 + 1,341 TOTAL LIABILITIES (309) 435,028 + 5,159 + 21,086 CAPITAL ACCOUNTS Capital paid in 3,820 + 6 + 296 Surplus 3,683 0 • 282 Other capital accounts 845 + 256 - 413 * 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 $ 10,028 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 304 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly it market exchange rates. Includes special investment account at Chicago of $ 73 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 uF LOANS AND SECURITIES, JULY 5, 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 1,670 0 WWiitthhiinn 1155 ddaayyss 1177,,226644 33,,882244 15 195 16 days to 90 days 164 0 1166 ddaayyss ttoo 9900 ddaayyss 8899,,998855 ++ 117744 701 + 185 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 112200,,550055 ++ 55,,771166 759 • 10 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8855,,774466 778855 1,179 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2288,,551111 00 417 0 OOvveerr 1100 yyeeaarrss 3344,,995555 00 25 0 Total 1,834 0 TToottaall 337766,,996677 ++ 11,,228811 3,096 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 JULY 5, 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 11,053 575 4,276 433 621 862 556 1,220 484 203 382 405 1,036 Special drawing rights certif. acct. 10,518 529 4,037 427 604 817 541 1,116 507 186 354 389 1,011 Coin 334 16 15 25 14 63 37 25 24 21 19 32 42 Loans 1,834 0 99 58 200 1,065 52 24 139 102 10 3 82 Acceptancas 0 0 0 0 0 0 0 0 0 0 0 0 0 Fadaral agency obligations Bought outright 3,096 152 1,231 134 178 238 144 357 142 56 118 100 246 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 179,861 8,846 71,487 7,803 10,369 13,814 8,350 20,736 8,231 3,247 6,872 5,832 14,275 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 1177,,336600 11,,889955 2,518 3,355 2,028 55,,003366 11,,999999 778899 11,,666699 11,,441166 3,467 Total bought outright2 370,538 18,223 114477,,227722 1166,,007766 21,361 28,459 17,202 4422,,771188 1166,,995577 66,,668899 1144,,115588 1122,,001144 29,409 Held under repurchase agreements1 6,429 0 66,,442299 00 00 00 00 00 00 00 00 00 0 Total U.S. govt, securities 376,967 18,223 115533,,770011 1166,,007766 2211,,336611 2288,,445599 1177,,220022~~ 4422,,771188~~ 1166,,995577 66,,668899 1144,,115588 1122,,001144 29,409 Total loans and securities 381,897 18,376 155,030 16,268 21,739 29,762 17,397 43,100 17,238 6,848 14,286 12,117 29,736 Items in process of collection 4,694 271 719 107 244 198 499 566 224 452 286 207 920 Bank premises 1,090 94 140 48 54 127 63 111 30 54 54 159 156 Other assets3 34,098 1,335 11,034 1,421 2,159 2,814 2,656 3,778 931 803 1,226 1,908 4,032 Interdistrict settlement account 0 +3,079 -8,555 -2,763 +1,620 +1,262 +5,566 -1,473 +932 -691 -1,786 •2,793 +17 TOTAL ASSETS 443,685 24,274 166,697 15,965 27,056 35,906 27,317 48,442 20,370 7,875 14,823 18,011 36,950 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 $ 10,028 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 304 million securities loaned-fiilly 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 $ 73 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 JULY 5, 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 390,609 21,159 149,135 14,224 23,453 32,153 23,196 43,695 18,639 6,051 13,020 15,194 30,690 Deposits Depository institutions 28,966 2,356 5,806 1,053 2,681 2,395 2,754 2,931 1,174 954 1,044 1,856 3,962 U.S. Treasury--general account 7,059 0 7,059 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 192 5 89 6 10 11 13 16 3 4 5 9 20 Other 282 1 121 1 1 56 20 74 0 3 2 1 1 Total deposits 36,499 2,362 13,076 1,060 2,692 2,463 2,787 3,021 1,177 961 1,052 1,867 3,983 Deferred credit items 3,609 165 501 86 86 319 314 209 135 544 235 253 761 Other liabilities and accrued dividends1 4,619 236 1,701 215 261 357 258 520 215 107 202 165 382 TOTAL LIABILITIES 435,337 23,923 164,413 15,585 26,492 35,292 26,556 47,444 20,165 7,664 14,508 17,479 35,817 CAPITAL ACCOUNTS Capital paid in 3,820 159 1,014 176 261 283 356 459 89 98 144 250 531 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 845 53 282 44 45 35 64 119 31 15 32 35 91 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 443,685 24,274 166,697 15,965 27,056 35,906 27,317 48,442 20,370 7,875 14,823 18,011 36,950 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 466,732 26,115 175,438 17,031 27,022 37,864 29,663 49,708 20,866 7,287 14,070 19,069 42,600 Less--Held by F.R. Banks 76,123 4,956 26,303 2,807 3,569 5,711 6,466 6,013 2,228 1,236 1,051 3,875 11,910 F.R. notes, net 390,609 21,159 149,135 14,224 23,453 32,153 23,196 43,695 18,639 6,051 13,020 15,194 30,690 Collateral held against F.R. notes Gold certificate account 11,053 Special drawing rights certificate account 10,518 Other eligible assets 0 U.S. govt, and agency securities 369,038 Total collateral 390,609 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