H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.••o!Gow.V 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. •AL RES*; H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 24, 1989 Averages of dally figures (mi llions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss WWeeeekk eennddeedd Change from week ended Wednesday AAuugg.. 2233,, 11998899 Aug. 16, 1989! Aug. 24. 1988 Aug. 23, 1989 Reserve Bank credit: 1 2 257,677 2,389 + 7,660 261,421 U.S. government securities- Bought outright—system account 217,744 1,431 - 4,515 219,214 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 6,609 — - 582 6,609 Held under repurchase agreements — — -— — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 925 + 345 - 2,297 2,902 Includes: seasonal borrowing of 491 + 4 + 52 505 extended credit of 28 32 - 2,602 25 Float 420 264 - 6 448 Other F.R. assets 31,980 1,040 + 15,064 32,249 Gold stock 11,066 — + 4 11,066 Special Drawing Rights certificate account 8,518 — + 3,500 8,518 Treasury currency outstanding 19,324 + 10 + 762 19,324 Total factors supplying reserve funds 296,586 - 2,380 + 11,927 300,330 Currency in circulation* 248,984 847 + 13,343 248,641 Treasury cash holdings* 426 5 + 32 422 Deposits, other than reserve balances, with F.R. Banks: Treasury 4,662 1,085 + 1,546 5,648 Foreign 243 38 + 30 180 Service-related balances and adjustments 3 1,843 37 - 30 1,610 Other 273 + 12 - 42 258 Other F.R. liabilities and capital 7,667 100 + 317 7,487 Total factors, other than reserve balances, absorbing reserve funds 264,099 2,100 + 15,196 264,246 Reserve balances with F.R. Banks 4 32,487 280 - 3,269 36,083 On August 23, 1989 , marketable U.S. government securities held jn custody by the Federal Reserve Banks for foreign official and international accounts were $ 240,939 million, a de crease of $ 542 million for the week. 1 Net of $ 7,220 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,596 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,663 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,328 million was with foreign official and international accounts. Includes $ 441 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,610 million and adjustments of $ 233 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 SANK! Millions of dollars Change since •• WWeeddnneessddaayy Wednesday Wednesday August 23, 1989 August 16. IQftQ August 24. lQflfl ASSETS Gold certificate account 11,066 — + 4 Special Drawing Rights certificate account 8,518 — + 3,500 Coin 461 + 1 + 81 Loans 2,902 + 2,323 - 416 Acceptances- Held under repurchase agreements — — — Federal agency obligations- Bought outright 6,609 — 582 Held under repurchase agreements 1 — — — U.S. government securities: Bought outright—Bil s 96,651 362 - 6,845 Notes 91,950 — + 4,466 Bonds 30,614 — + 1,121 Total bought outright^ 219,214 - ^62" - 1,259 Held under repurchase agreements1 — — Total U.S. government securities 219,214 33^^22 1,259 Total loans and securities 228,725 + 1,960 - 2,257 Cash items in process of collection (1002) 5,815 - 1,534 - 422 Bank premises 769 + 1 + 36 Other assets 3 31,479 + 395 + 14,709 TOTAL ASSETS (1002) 286,834 + 822 + 15,652 LIABILITIES Federal Reserve notes 230,200 - 1,095 + 12,628 Deposits: Depository institutions 37,694 + 2,096 + 687 U.S. Treasury—general account 5,648 + 1,036 + 2,145 Foreign—official accounts 180 - 58 - 35 Other 258 - 50 - 36 Total deposits 43,780 + 3,024 + 2,761 Deferred availability cash items (1002) 5,367 «. 1,126 _ 54 Other liabilities and accrued dividends4 2,775 - 5 + 108 TOTAL LIABILITIES (1002) 282,122 + 797 + 15,443 CAPITAL ACCOUNTS Capital paid in 2,159 — + 80 Surplus 2,112 — + 65 1 Other capital accounts 440 + 25 + 63 Figures in parentheses are the eliminations made in the consolidating proceaa. Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 1,662 million waa outstanding at the end of tha lateet statement week. Net of $ 5,663 million matched sale-purchase transactions outstanding at the end of tha lateat statement week. Includes $ 441 million securities loaned-fully secured by U.S. government securities. includes assets denominated in foreign currencies, revalued monthly at market exchange ratea. Includes special investment account at Chicago of $ 89 million in Treaeury bills maturing within 90 days. includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 23, 1939 Acceptances and securities held undar repurchase agreements are ciaasified aa maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannaa AAcccceeppttaanncceess Holdings Weakly changes Holdlnga [Weakly changes Within 15 days 2,827 — 10,547 + 439 420 + 334 16 days to 90 days 75 — 49,056 + 3,588 390 334 91 days to 1 year — — 68,184 - 4,389 1,344 — Over 1 year to 5 years — — 51,777 — 3,264 — Over 5 years to 10 years — — 13,145 — 1,001 — Over 10 years — 2266,,550066 — 11..8899 — ^^ .. Total 2,902 221199,,221144 362 ••66,,660099 — Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.A.I (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON August 23, 1989 Millions of dollars Kansas _____ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City ASSETS 1 _—i Francisco uold 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 461 29 14 33 31 70 65 29 32 13 31 39 75 Loans 2,902 13 1,762 2 10 47 26 53 185 167 63 28 547 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 agreements1 — — — — — -- — — — ~ __ — — U.S. government securities: Bought outright—Bills 96,651 6,014 34,067 2,789 5,560 8,010 4,414 11,482 2,976 1,627 3,865 4,061 11,785 Notes 91,950 5,722 32,411 2,653 5,290 7,621 4,200 10,923 2,831 1,548 3,677 3,863 11,212 Bonds 30,614 1,905 _10_,7_9_1 _ 883 1,761 2,537 1,398 3,637 943 515 1,224 1,286 3,733 219,214 13,641 6,326 12,611 18,168 10,012 26,042 6,749 3,691 8,767 9,210 26,730~ Total bought outright2 — — — — — — — — — — — Held under repurchase agreements1 ______ Total U.S. government securities 2T972T4 * 13,641 6,326 12,611 18,168 10,012 26,042 6,749 3,691 87767 9,210 "167730" Total loans and securities 228,725 14,065 81,361 6,518 13,001 18,762 10,340 26,880 7,137 3,969 9,093 9,516 28,082 Items in process of collection 6,817 312 767 335 220 468 685 584 248 346 1,036 387 1,428 Bank premises 769 91 31 46 34 129 59 109 22 26 48 24 150 Other assets' 31,479 1,036 7,525 1,247 1,458 1,632 2,277 5,639 752 787 1,079 4,433 3,613 Interdistrict settlement account -0- » + 861 + 6,218 + 182 +1,288 + 2,353 - 1,947 - 826 - 999 - 284 - 1,656 - 1,487 - 3,703 TOTAL ASSETS 1 287,83*6 1~7,625 102,229 9,008 17,201 25,103 12,317 34,877 7,853 5,208 10,488 13.958 .• 11.970 1. Does not include U.S. bovernment and federal agbency securities resold under matched sale-purchase transactlonsto foreign official and International ac counts, of which $ l ,662million was outstanding at the end of the latest statement week. 2. Net of $ 5,663 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 441 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 $ 89 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 PEOEftAL RESERVE SANK ON AuKust 2 3, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 230,200 I 14,976 81,776 6,859 15,104 20,891 7,374 30,510 6,577 4,111 8,152 11,343 22,526 Deposits: Depository institutions 37,694 1,992 11,704 1,543 1,458 3,250 3,673 2,790 814 546 1,016 1,700 7,211 U.S. Treasury—general account 5,648 5,648 Foreign—official accounts 180 5 71 7 8 9 14 19 4 5 6 11 21 Other 258 1 111 1 2 32 2 93 1 1 4 10 1 Total deposits 43,780 1,998 17,533 1,551 1,468 3,290 3,688 2,902 818 552 1,025 1,721 7,232 Deferred credit items 6,369 298 661 303 214 390 680 501 239 354 1,011 478 1,240 Other liabilities and accrued dividends1 2,775 170 968 80 157 226 130 352 83 51 111 115 330 TOTAL LIABILITIES 283,124 17,441 100,938 8,794 16,943 24,797 11,872 34,264 7,718 5,068 10,300 13,659 31,329 CAPITAL ACCOUNTS Capital paid in 2,159 80 579 101 118 136 214 281 61 67 87 139 297 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 440 28 146 10 25 46 35 58 15 7 15 3 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 228877,,883366 1177,,662255 110022,,222299 99,,000088 1177,,220011 2255,,110033 1122,,331177 3344,,887777 77,,885533 55,,220088 1100,,448888 1133,,995588 31.970 FEDERAL RESERVE AGENTS' ACCOUNTS F.R notes outstanding 227766,,884488 1188,,112244 8877,,663377 99,,889955 1177,,667755 2244,,994433 1122,,225533 3344,,111122 88,,227722 55,,224433 1100,,887711 1144,,883377 32,986 Less Held by F.R Batiks 4466,,664488 33,,114499 55,,886611 33,,003366 22,,557711 44,,005522 44,,887799 33,,660011 11,,669955 11,,113311 22,,771199 33,,449944 10,460 F.R notes, net 223300,,220000 14,976 81,776 6,859 15,104 20,891 7,374 30,510 6,577 4,111 8,152 11,343 22,526 Collateral held against F.R. notes Gold certificate account 1111,,006666 Special Drawing Rights cert if acct 88,,551188 Other Eligible assets --00-- U.S. govt, and agency securities 221100,,661166 Total collateral 230,200 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. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis