H.4.1 Factors Affecting Reserve Balances of Depository Institutions

oOlGOVv 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. '•?f«TO?: H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 31, 1989 Millions of dollars Averac les of daily __f_ig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Fteeix enoeci Change fromi week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 30, 1989 Aug 23, 1989 Aug 31, 1988 Aug 30, 1989 Reserve Bank credit1 2 258,722 • 1,048 + 6,848 256,932 U.S. government securities Bought outright—system account 218,682 • 938 - 4,336 216,339 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,609 0 - 582 6,609 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 28 - 378 - 158 27 Seasonal credit 512 • 21 • 53 508 Extended credit 23 - 5 - 2,674 26 Float 413 - 11 - 88 896 Other F.R. assets 32,455 + 483 • 14,633 32,528 Gold stock 11,066 0 + 4 11,066 Special drawing rights certificate account 8,518 0 • 3,500 8,518 Treasury currency outstanding 19,334 - 10 • 762 19,334 Total factors supplying reserve funds 297,640 1,058 + 11,113 295,850 Currency in circulation* 248,011 - 973 • 12,845 248,540 Treasury cash holdings* 422 - 4 • 25 420 Deposits, other than reserve balances, with F.R. Banks Treasury 5,680 • 1,018 • 1,955 5,714 Foreign 208 - 35 - 51 207 Service-related balances and adjustments3 1,841 - 18 • 60 1,608 Other 528 • 255 - 12 339 Other F.R. liabilities and capital 7,687 • 21 + 329 7,465 Total factors, other than reserve balances, absorbing reserve funds 264,378 • 264 • 15,153 264,292 Reserve balances with F.R. Banks4 33,261 • 794 - 4,040 31,558 On August 30, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 242,745 million, a change of + $ 1,806 million for the week. 1 Net of $ 6,196 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,717 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 8,538 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,283 million was with foreign official and international accounts. Includes $ 410 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,608 million and adjustments of $ 234 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 •• NNeeddnneessddaayy Heonesday Nednesday Aug 30, 1989 Aug 23, 1989 Aug 31, 1988 ASSETS Gold certificate account 11,066 0 • 5 Special drawing rights certificate account 8,518 0 ,. 3,500 Coin 450 - 12 i« 80 Loans 561 - 2,341 . 2,676 Acceptances 0 0 0 Federal agency obligations Bought outright 6,609 0 - 582 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 93,776 - 2,875 - 12,042 Notes 91,950 0 • 4,466 Bonds 30,614 0 • 1,121 Total bought outright2 216,339 - 2,875 - 6,456 Held under repurchase agreements1 0 0 0 Total U.S. government securities 216,339 - 2,875 - 6,456 Total loans and securities 223,509 - 5,216 - 9,714 . Items in process of collection (1,160) 6,266 • 451 17 Bank premises 769 0 + 37 Other assets3 31,758 • 279 • 14,852 TOTAL ASSETS (1,160) 282,336 - 4,499 • 8,743 LIABILITIES Federal Reserve notes 230,075 - 125 • 12,007 Deposits Depository institutions 33,166 - 4,528 - 4,702 U.S. Treasury—general account 5,714 • 67 + 1,324 Foreign—official accounts 207 • 26 - 24 Other 339 •• 8811 55-- 53 Total deposits 39,426 44,,335544 3,455 Deferred availability cash items (1,160) 5,370 • 3 - 254 Other liabilities and accrued dividends4 2,744 - 31 + 131 TOTAL LIABILITIES (1,160) 277,615 - 4,507 + 8,429 CAPITAL ACCOUNTS Capital paid in 2,161 + 1 + 78 Surplus 2,112 0 + 71 Other capital accounts 448 * 7 + 165 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federal agency secunties 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 $ 8,538 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 410 million securities loaned-fuJIy 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 $ 90 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, AUGUST 30, 1989 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 Meekly Meekly Holdings Holdings changes changes Hi-thin 15 days 468 0 NNiitthhiinn 1155 ddaayyss 99,,331166 1,231 334 86 16 days to 90 days 93 0 1166 ddaayyss ttoo 9900 ddaayyss 4499,,995577 • 901 472 + 82 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6655,,663399 2,545 1,359 • 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5511,,777777 0 3,242 22 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,114455 0 1,012 + 11 OOvveerr 1100 yyeeaarrss 2266,,550066 0 189 0 Total 561 0 TToottaall 221166,,333399 2,875 6,609 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 AUGUST 30, 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 450 27 13 33 30 68 66 29 31 12 31 38 72 Loans 561 0 2 9 10 3 29 49 192 164 55 29 18 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,609 411 2,329 191 380 548 302 785 203 111 264 278 806 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 93,776 5,835 33,054 2,706 5,395 7,772 4,283 11,140 2,887 1,579 3,750 3,940 11,434 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 10,791 883 1,761 2,537 1,398 3,637 943 515 1,224 1,286 3,733 Total bought outright2 216,339 13,462 76,255 6,243 12,446 17,929 9,881 25,700 6,661 3,642 8,652 9,089 26,379 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 216,339 13,462 76,255 6,243 12,446 17,929 9,881 25,700 6,661 3,642 8,652 9,089 26,379 Total loans and securities 223,509 13,874 78,586 6,443 12,836 18,480 10,212 26,534 7,057 3,917 8,971 9,396 27,203 Items in process of collection 7,426 328 861 413 300 476 648 643 388 349 983 508 1,527 Bank premises 769 91 31 46 34 130 59 109 21 26 48 24 150 Other assets3 31,758 1,054 7,655 1,232 1,478 1,660 2,296 5,685 773 797 1,094 4,413 3,622 Interdistrict settlement account 0 +1,259 +4,838 +233 +1,289 +2,317 -2,014 -951 -955 -180 -1,558 -1,654 -2,627 TOTAL ASSETS 283,495" 17,863 98,298 9,047 17,136 24,819 12,105 34,510 7,975 5,273 10,424 13,772 32,272 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 $ 8,538 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 410 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 $ 00 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 30, 1989 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 250,075 15,185 81,690 6,779 15,162 21,020 7,209 50,605 6,576 4,115 8,151 11,159 22,429 Deposits Depository institutions 55,166 2,027 7,658 1,555 1,515 2,840 5,759 2,526 845 611 1,025 1,720 7,552 U.S. Treasury—general account 5,714 0 5,714 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 207 5 97 7 8 9 14 19 4 5 6 11 21 Other 559 0 192 1 5 52 1 94 1 1 5 11 1 Total deposits 59,426 2,055 15,641 1,565 1,525 2,880 5,754 2,459 847 617 1,052 1,742 7,555 Deferred credit items 6,550 295 705 415 258 591 567 525 554 555 944 458 1,510 Other liabilities and accrued dividends1 2,744 166 965 82 155 225 129 552 85 49 110 115 556 TOTAL LIABILITIES 278,775 17,680 96,999 8,857 16,878 24,514 11,658 55,898 7,841 5,152 10,257 15,472 51,628 CAPITAL ACCOUNTS Capital paid in 2,161 80 579 101 118 157 214 281 61 67 86 159 298 Surplus 2,112 75 566 105 115 125 196 275 58 67 87 158 291 Other capital accounts 448 29 154 7 25 45 57 58 14 7 14 5 55 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 285,495 17,865 98,298 9,047 17,156 24,819 12,105 54,510 7,975 5,275 10,424 15,772 52,272 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 276,758 18,188 87,894 9,871 17,608 24,998 12,058 54,118 8,259 5,221 10,852 14,754 52,958 Less—Held by F.R. Banks 46,665 5,002 6,204 5,092 2,447 5,978 4,849 5,515 1,665 1,107 2,682 5,595 10,529 F.R. notes, net 250,075 1155,,118855 8811,,669900 66,,777799 1155,,116622 2211,,002200 77,,220099 5500,,660055 66,,557766 44,,111155 88,,115511 1111,,115599 22,429 Collateral held against F.R. notes Gold certificate account 11,066 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 210,492 Total collateral 250,075 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