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 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 August 10, 1989 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, WWeeeekk eennddeedd Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss AAuugguusstt 99,, 11998899 August 2, 1989 August 10,1988 August 9, 1989 Reserve Bank credit: 1 2 260,440 + 1,253 + 8,781 262,392 U.S. government securities- Bought outright-—system account 219,478 + 882 - 3,628 220,789 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 6,609 — - 592 6,609 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 708 + 67 - 2,468 1,278 Includes: seasonal borrowing of 485 - 23 + 80 481 extended credit of 54 - 1 - 2,597 56 Float 605 - 192 - 74 609 Other F.R. assets 33,040 + 497 + 15,543 33,107 Gold stock 11,066 — + 4 11,066 Special Drawing Rights certificate account 8,518 — + 3,500 8,518 Treasury currency outstanding 19,319 + 10 + 111 19,319 Total factors supplying reserve funds 299,344 + 1,263 + 13,063 301,296 Currency in circulation* 249,589 + 888 + 13,082 249,930 Treasury cash holdings* 435 - 18 + 39 431 Deposits, other than reserve balances, with F.R. Banks: Treasury 5,542 + 393 + 2,384 6,185 Foreign 255 - 10 + 41 179 Service-related balances and adjustments 3 1,974 + 132 - 86 1,589 Other 221 - 71 - 98 234 Other F.R. liabilities and capital 8,618 + 503 + 1,339 7,615 Total factors, other than reserve balances, absorbing reserve funds 266,634 + 1,818 + 16,703 266,164 Reserve balances with F.R. Banks4 32,710 - 555 - 3,640 35,132 On August 9, 1989 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 239,294 million, an increase of $ 1,136 million for the week. 1 Net of $ 6, 690 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,277 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,271 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,271 million was with foreign official and international accounts. Includes $ 460 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ i , 589 million and adjustments of $ 385 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 AAuugguusstt 99,, 11998899 August 2, 1989 August 10, 1988 ASSETS Gold certificate account 11,066 + 4 Special Drawing Rights certificate account 8,518 + 3,500 Coin 453 + 7 + 76 Loans 1,278 + 619 1,750 Acceptances- Held under repurchase agreements Federal agency obligations- 6,609 592 Bought outright Held under repurchase agreements 1 U.S. government securities: 98,076 + 1,364 - 7,623 Bought outright—Bills 92,300 — + 4,816 Notes 3300,,441144 — 921 Bonds +++ 222200,,778899 +++ 1,364 1,887 Total bought outright2 Held under repurchase agreements1 Total U.S. government securities 220,789 +++ 1,364 1,887 Total loans and securities 228,676 + 1,983 - 4,229 Cash items in process of collection (1068) 5,951 - 1,644 - 367 768 — + 37 Bank premises 32,339 + 309 + 15,012 Other assets 3 (1068) 287,772 + 655 + 14,034 TOTAL ASSETS LIABILITIES Federal Reserve notes 231,494 729 12,462 Deposits: Depository institutions 36,721 + 493 - 167 U.S. Treasury—general account 6,185 + 1,378 + 1,788 Foreign—official accounts 179 48 + 2 Other 234 + 6 - 125 Total deposits 43,319 + 1,828 + 1,498 Deferred availability cash items (1068) 5,343 1,118 296 Other liabilities and accrued dividends4 .2, gOO + 100 + 200 TOTAL LIABILITIES (1068) 283,056 + 1,539 + 13,864 CAPITAL ACCOUNTS Capital paid in 2,159 + 3 + 84 Surplus 2,112 + 65 Other capital accounts _ 887 + 21 * Figures in parentheses are the eliminations made in the consolidating 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 $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 5271 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 460 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 $ 77 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. Components may not add to totals due to roundings. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 9, 1989 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings {Weekly changes Holdings |Weekly changes Within 15 days 949 10,180 3,107 16 days to 90 days 329 — 49,338 + 2,616 810 + 89 91 days to 1 year — — 69,758 + 1,855 1,344 89 Over 1 year to 5 years — — 51,583 3,249 Over 5 years to 10 years — — 13,623 1,016 Over 10 years ~ ^^ 2266,,330066 — 118899 Total 1,278 222200,,778899 ++ 1,364 66,,660099 IT 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 August 9, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,066 699 3,417 400 661 943 508 1,361 370 198 494 613 1,402 Special Drawing Rights certif. acct. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 453 33 15 32 28 66 63 29 31 12 31 38 75 Loans 1,278 6 706 4 10 6 26 44 154 180 54 16 73 Acceptances held under repurchase agreements — — — — — — — — — — — Federal agency obligations: Bought outright 6,609 411 2,329 191 380 548 302 785 203 Ill 264 278 806 Held under repurchase agreements 1 — — — — — — — — — — ~ — — U.S. government securities: Bought outright-Bills 98,076 6,103 34,570 2,830 5,642 8,128 4,479 11,651 3,020 1,651 3,922 4,120 11,959 Notes 92,300 5,744 32,534 2,664 5,310 7,650 4,216 10,965 2,842 1,554 3,691 3,878 11,254 Bonds 30,414 1,893 10,720 878 1,750 2,521 1,389 3,613 936 512 1,216 1,278 3,708 Total bought outright 2 220,789 13,739 77,824 6,371 12,702 18,298 10,084 26,229 6,798 3,717 8,830 9,276 26,922 Held under repurchase agreements 1 — __ — __ — __ __ — __ Total U.S. government securities 220,789 13,739 77,824 6,371 12,702 18,298 10,084 26,229 6,798 3,717 " 8,830 9,276 26,922 Total loans and securities 228,676 14,156 80,859 6,566 13,091 18,852 10,412 27,058 7,155 4,008 9,148 9,569 27,801 Items in process of collection 7,020 282 728 369 254 438 598 754 363 330 1,018 505 1,381 Bank premises 768 91 31 46 34 129 59 109 22 26 48 24 150 Other assets 3 32,339 1,111 7,903 1,239 1,522 1,724 2,312 5,733 784 800 1,121 4,410 3,681 Interdistrict settlement account -o- + 1,010 + 3,549 293 + 1,313 + 1,945 - 1,580 769 - 712 + 61 - 1,315 - 971 - 2,239 TOTAL ASSETS 288,840 17,913 99,398 8,607 17,411 24,842 12,703 35,375 8,304 5,588 10,906 14,620 33,174 1 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 $ 5,271 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 460 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 $ 77 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 August 9, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 231,494 15,258 82,019 6,496 15,376 20,989 7,498 30,215 6,759 4,159 8,392 11,475 22,857 Deposits: Depository institutions 36,721 1,976 8,016 1,475 1,377 2,848 4,069 3,581 997 897 1,209 2,226 8,049 U.S. Treasury—general account 6,185 6,185 Foreign—official accounts 179 5 70 7 8 9 14 19 4 5 6 11 21 Other 234 1 96 1 1 36 2 81 1 1 4 10 1 Total deposits 43,319 1,981 14,367 1,483 1,387 2,893 4,085 3,682 1,002 902 1,218 2,248 8,071 Deferred credit items 6,411 314 693 329 229 416 539 517 320 333 986 476 1,259 Other liabilities and accrued dividends' 2,900_ 179 1,028 ...._._==86_= 163 237 _136__ 347 87 _ _ 5 2_ 120 121 344 TOTAL LIABILITIES 284,125 17,731 98,107 ,394 17,153 24,535 12,259 34,761 8,169 5,447 10,717 14,320 32,531 CAPITAL ACCOUNTS Capital paid in 2,159 79 578 101 118 138 213 281 61 67 87 139 297 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 445 27 147 9 25 46 35 60 15 7 15 3 55 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 288,840 17,913 99,398 8,607 17,411 24,842 12,703 35,375 8,304 5,588 10,906 14,620 33,174 "FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 275,542 18,325 87,355 9,577 17,775 24,577 12,069 33,395 8,363 5,289 10,974 14,927 32,916 Less Held by F.R. Banks 44,048 3,068 5,336 3,081 2,400 3,588 4,571 3,180 1,604 1,130 2,582 3,452 10,059 F.R. notes, net 231,494 15,258 82,019 6,496 15,376 20,989 7,498 30,215 6,759 4,159 8,392 11.475 22,857 Collateral held against F.R. notes'2 Gold certificate account 11,066 Special Drawing Rights certif. acct. 8,518 Other Eligible assets -0- U.S. govt, and agency securities 211,910 Total collateral 231,494 TOTAL RESERVE BANK CREDIT 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. FR 211 (R*v 9/83) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis