H.4.1 Factors Affecting Reserve Balances of Depository Institutions

IrTir^rFnTi |? pj H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 13, 1995 Millions of dollars Averac es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frcin week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 12, 1995 Jul 5, 19^5 ~Jul~ 13, 1994 Jul 12, 1995 Reserve Bank credit1 2 413,331 - 7,248 + 19,117 411,515 U.S. government securities Bought outright--system account 372,828 + 189 • 23,422 373,005 Held under repurchase agreements 1,199 - 7,847 - 3,981 0 Federal agency obligations Bought outright 3,081 - 15 - 839 3,081 Held under repurchase agreements 406 + 155 - 1,229 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 4 - 231 - 21 6 Seasonal credit 216 + 1 - 119 224 Extended credit 0 0 0 0 Float 754 + 446 - 53 257 Other F.R. assets 34,843 + 54 + 1,936 34,942 Gold stock 11,053 0 + 1 11,053 Special drawing rights certificate account 10,518 + 1,429 • 2,500 10,518 Treasury currency outstanding 23,444 _^ 14 + 892 23,444 Total factors supplying reserve funds 458,346 - 5,806 £ 22,510" 456,529 Currency in circulation* 412,852 + 1,630 + 28,194 412,937 Treasury cash holdings* 315 - 3 - 43 339 Deposits, other than reserve balances, *ith F.R. Banks Treasury 5,767 - 7,961 - 264 6,164 Foreign 202 + 17 • 17 173 Service-related balances and adjustments3 4,263 - 241 - 1,792 4,263 Other 285 + 23 + 7 300 Other F.R. liabilities and capital 13,112 - 216 + 1,531 12,626 Total factors, other than reserve balances, absorbing reserve funds 436,796 - 6,749 + 27,648 436,801 Reserve balances with F.R. Banks* 21,550 + 944 - 5,138 19,728 On July 12, 1995, the face amount of marketable US. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 464,371 million, a change of 4- $ 4,970 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 7,738 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,738 million was with foreign official ar\6 international accounts. Includes securities loaned—fuiiy secured by U.S. government securities. 2 Net of $ 7,560 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,560 million was with foreign official and international accounts. Includes $ 155 million securities !oaned--fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,094 million and adjustments of $ 169 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 12, 1995 Jul 5, 1995 Jul 13, 1994 ASSETS Gold certificate account 11,053 1 0 + 1 Special drawing rights certificate account 10,518 0 + 2,500 Coin 336 + 2 + 55 - - Loans 229 1,605 151 Acceptances 0 0 0 Federal agency obligations Bought outright 3,081 - 15 - 839 Held under repurchase agreements1 0 0 - 1,667 U.S. government securities Bought outright--Bills 182,329 + 2,468 + 12,143 Notes 146,998 0 + 8,311 Bonds 43,679 0 + 3,297 Total bought outright2 373,005 + 2,468 + 23,752 Held under repurchase agreements1 0 - 6,429 - 4,198 Total U.S. government securities 337733,,000055 - 3,961 ++ 19,554 Total loans and securities 337766,,331166 - 5,581 ++ 16,897 Items in process of collection (392) 5,597 + 1,212 - 447 Bank premises 1,093 + 2 • 31 Other assets3 3333,,553355 - 563 • 1,543 TOTAL ASSETS ((339922)) 443388,,444477 - 4,928 + 20,580 LIABILITIES Federal Reserve notes 390,167 - 442 + 27,257 Deposits Depository institutions 23,896 - 5,070 - 9,508 U.S. Treasury--general account 6,164 - 895 + 890 Foreign--official accounts 173 - 20 - 110 Other 300 • 18 + 66 Total deposits 30,532 - 5,967 - 8,662 Deferred availability cash itejns (392) 5,122 + 1,822 + 56 Other liabilities and accrued dividends4 44,,449999 - 120 ++__ 1,214 TOTAL LIABILITIES ((339922)) 443300,,332200 - 4,708 19,865 CAPITAL ACCOUNTS Capital paid in 3,842 + 22 + 307 Surplus 3,683 0 + 282 Other capital accounts 602 1 - 243 + 126 * 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 $ 7,560 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 155 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 $ 63 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/JULY 12, 19S5 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 cbligations LLooaannss AAcccceeppttaanncceess L, , .. ! Weekly j - ,. 1 Weekly Holdings J H ouldings i changes cnanges Within 15 days 56 0 Within 15 day; j 17,428+ 164 18 • 3 16 days to 90 days 174 0 16 days to 90 days 85,486j- 4,499 683 18 Over 90 days 0 0 91 days to 1 year j 120,879|+ 374 791 + 32 Over 1 year to 5 years j 85,7461 0 1,148 32 Over 5 years to 10 years j 28,511! 0 417 0 Over 10 years | 34,955 0 25 0 Total 229 0 Total 373,005|- 3,961 3,081 15 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 12, 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 336 14 16 23 15 59 44 26 22 21 21 36 40 Loans 229 0 0 0 0 0 7 28 54 108 11 4 17 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,081 152 1,225 134 178 237 143 355 141 56 118 100 245 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 182,329 8,967 72,467 7,910 10,511 14,004 8,465 21,020 8,344 3,292 6,967 5,912 14,471 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 22,,114488 1177,,336600 1,895 2,518 33,,335555 22,,002288 55,,003366 11,,999999 778899 11,,666699 11,,441166 3,467 Total bought outright2 373,005 1188,,334455'' 114488,,225533"" 16,183 21,503 2288,,664488 117777331177"" 4433,,000033~~ 1177,,007700 66,,773344 1144,,225522 1122,,009944"" 29,604 Held under repurchase agreements1 0 000 000 000 000 000 000 000 000 000 000 000 0 Total U.S. govt, securities 373,005 111888,,,333444555 111444888,,,~~~222555333~~~ 111666,,,111888333""" 222111,,,555000333 222888,,,666444888""" 111777,,,333111777 444333,,,000000333""" 111777,,,000777000 666,,,777333444""" 111444,,,222555222 111222,,,000999444""" 29,604 Total loans and securities 376,316 111888,,,444999666""" 111444999,,,444777777 111666,,,333111777 222111,,,666888111 222888,,,666888bbb""" 111777,,,444666777 444333,,,333888bbb 111777,,,222666555 666,,,888999888 111444,,,333888111 111222,,,111999777 29,866 Items in process of collection 5,989 565 703 2b9 297 517 669 492 150 512 449 280 1,084 Bank premises 1,093 94 140 48 55 127 63 111 30 54 54 159 156 Other assets3 33,535 1,340 10,438 1,428 2,lb4 2,828 2,659 3,768 952 805 1,235 1,897 4,021 Interdistrict settlement account 0 +1,883 --55,,113300 --22,,559977 ++886622 ++11,,778822 ++55,,773300 ••11,,551199 +691 -1,308 --22,,113344 ++22,,221133 -473 TOTAL ASSETS 438,839 23,497 116633,,995588 1166,,334477 2266,,330000 3355,,887777 2277,,773300 4488,,66 iiii""66"" 20,102 7,371 1144,,77<<**22 1177,,557766 36,741 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 $ 7,560 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 155 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 $ 63 million in lieasury 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 12, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 390,167 21,275 149,125 14,200 23,661 32,063 22,996 43,810 18,676 6,111 12,833 15,091 30,326 Deposits Depository institutions 23,896 1,265 4,067 1,318 1,593 2,166 3,061 2,726 832 506 1,030 1,526 3,805 U.S. Treasury*-general account 6,164 0 6,164 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 173 5 69 6 10 11 13 16 3 4 5 9 20 Other 300 0 119 1 2 88 20 64 0 3 11 1 Total deposits 30,532 1,271 10,420 1,325 1,605 2,2oB 3,094 2,806 836 513 1,037 1,536 3,825 Deferred credit items 5,514 380 607 219 225 592 649 495 177 438 365 269 1,097 Other liabilities and accrued dividends1 4,499 233 214 259 357 259 517 213 105 203 165 393 TOTAL LIABILITIES 430,712" 23,159 161,733 15,958 25,750 35,277 26,998 47,627 19,902 7,167 14,437 17,062 35,642 CAPITAL ACCOUNTS Capital paid in 3,842 159 1,014 194 261 283 356 462 89 98 144 250 531 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 602 40 223 34 31 21 35 92 25 8 21 17 55 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 438,839 23,497 163,958 16,347 26,300 35,877 27,730 48,600 20,102 7,371 14,742 17,576 36,741 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 467,620 26,308 174,951 17,057 27,267 38,081 29,647 49,835 21,021 7,471 14,143 19,109 42,729 Less~-Held by F.R. Banks 77,453 5,033 25,826 2,657 3,jb 0 7_ 6,018 6,651 6^026 2,345 1,359 1,511 4,018 12,403 F.R. notes4 net 390,167 21,275 149,125 14,200 23,661 32,0o3 22,996 43,810 18,676 6,111 12,833 15,091 30,326 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 368, 596 Total collateral 390,167" 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