H.4.1 Factors Affecting Reserve Balances of Depository Institutions

*Of GOVi FEDERAL RESERVE Wm 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 September 7, 1989 Millions of dollars Averac es of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnss--ffcciittuuiiiioonnss aatt Heek ended Change froiri week ended Nednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Sep 6, 1989 Aug 50, 1989 Sep 7, 1988 Sep 6, 1989 Reserve Bank credit1 2 258,274 _ 448 + 5,263 259,462 U.S. government securities Bought outright—system account 218,414 - 267 - 5,620 219,132 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,593 - 15 - 598 6,555 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 34 + 6 - 138 82 Seasonal credit 458 - 54 + 53 434 Extended credit 20 - 3 - 2,247 16 Float 982 + 569 - 208 1,112 Other F.R. assets 31,773 - 683 + 14,022 32,131 Gold stock 11,066 0 + 5 11,066 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,344 + 10 + 761 19,344 Total factors supplying reserve funds 297,202 - 438 _ 9,529 298,390 Currency in circulation* 249,634 + 1,624 • 12,588 250,465 Treasury cash holdings* 423 + 1 + 26 424 Deposits, other than reserve balances, with F.R. Banks Treasury 4,819 - 861 + 1,641 4,537 Foreign 251 + 42 + 6 209 Service-related balances and adjustments3 1,818 ~ 24 + 23 1,608 Other 306 - 222 - 83 263 Other F.R. liabilities and capital 7,077 - 610 - 365 7,096 Total factors, other than reserve balances, absorbing reserve funds 264,328 - 51 + 13,837 264,602 Reserve balances with F.R. Banks4 32,874 - 387 - 4,308 33,789 On September 6, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 240,668 million, a change of - $ 2,077 million for the week. 1 Net of $ 6,463 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,134 million was with foreign official and international accounts. Includes securities loaned-fuliy secured by U.S. government securities. 2 Net of $ 5,745 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,745 million was with foreign official and international accounts. Includes $ 196 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,608 million and adjustments of $ 210 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 Sep 6, 1989 Aug 30, 1989 Sep 7, 1988 ASSETS Gold certificate account 11,066 0 • 4 Special drawing rights certificate account 8,518 0 * 3,500 Coin 430 - 20 • 76 - - Loans 532 29 2,463 Acceptances 0 0 0 Federal agency obligations Bought outright 6,555 - 54 - 636 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 96,568 • 2,793 - 6,900 Notes 91,950 0 + 4,466 Bonds 30,614 0 + 1,121 Total bought outright2 219,132 + 2,793 - 1,513 Held under repurchase agreements1 00 __.. 00 0 Total U.S. government securities 221199,,113322 22,,779933 - 1,313 Total loans and securities 226,219 + 2,710 - 4,412 Items in process of collection (1,042) 9,356 + 3,090 - 1,275 Bank premises 775 + 6 + 40 Other assets3 31,356 - 402 + 13,578 TOTAL ASSETS (1,042) 287,720 • 5,385 + 11,511 LIABILITIES Federal Reserve notes 231,974 + 1,899 + 12,011 Deposits Depository institutions 35,396 • 2,230 - 1,919 U.S. Treasury—general account 4,537 - 1,177 + 1,889 Foreign—official accounts 209 + 2 • 4 Other 263 - 75 - 90 Total deposits 40,405 + 980 - 116 Deferred availability cash items (1,042) 8,245 + 2,875 - 70 Other liabilities and accrued dividends4 2,931 + 187 + 35 TOTAL LIABILITIES (1,042) 283,555 + 5,940 • 11,860 CAPITAL ACCOUNTS Capital paid in 2,162 + 1 + 78 Surplus 1,879 - 234 - 168 Other capital accounts 125 ~ 322 - 258 * 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 $ 5,745 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 196 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 $ 74 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, SEPTEMBER 6, 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 Weekly Weekly Holdings Holdings changes changes Hithin 15 days 247 0 WWiitthhiinn 1155 ddaayyss 7,080 2,236 0 334 16 days to 90 days 285 0 1166 ddaayyss ttoo 9900 ddaayyss 52,247 + 2,290 719 + 246 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 68,617 + 2,978 1,383 + 24 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 51,537 240 3,260 • IB OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,145 0 1,004 3 OOvveerr 1100 yyeeaarrss 26,506 0 189 0 Total 532 0 TToottaall 219,132 + 2,793 6,555 54 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 SEPTEMBER 6, 1989 Millions of dollars San Total Boston Mew York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minnea polis Ka C n it s y a s 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 430 27 12 32 28 64 62 25 29 13 30 37 70 Loans 532 1 0 4 10 0 24 49 174 134 93 19 23 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,555 408 2,311 189 377 543 299 779 202 110 262 275 799 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 96,568 6,009 34,038 2,787 5,555 8,003 4,411 11,472 2,973 1 ,626 3,862 4,057 11,775 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 219,132 13,636 77,240 6,323 12,606 18,161 10,009 26,032 6,747 3 ,689 8,763 9,206 26,720 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 219,132 13,636 77,240 6,323 12,606 18,161 10,009 26,032 6,747 3 ,689 8,763 9,206 26,720 Total loans and securities 226,219 14,045 79,550 6,517 12,993 18,705 10,332 26,860 7,123 3 >933 9,118 9,501 27,542 Items in process of collection 10,399 634 1,112 506 423 786 996 859 368 540 1,481 767 1,927 Bank premises 775 91 37 46 34 130 59 109 21 26 48 24 150 Other assets3 31,356 1,037 7,508 1,206 1,451 1,650 2,258 5,632 772 780 1,075 4,391 3,595 Interdistrict settlement account 0 +1,403 +4,413 +542 +1,568 +2,087 -1,653 -646 -905 -15 -1,487 -1,164 -4,143 TOTAL ASSETS 288,763 18,467 98,946 9,496 17,666 25,109 12,892 35,300 8,070 5 ,629 11,121 14,601 31,466 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 $ 5,745 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 196 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 $ 74 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 SEPTEMBER 6, 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 231,974 15,532 81,891 6,881 15,305 21,177 7,294 30,830 6,674 4,150 8,216 11,182 22,842 Deposits Depository institutions 35,396 2,063 9,131 1,949 1,532 2,736 4,221 2,723 871 771 1,122 2,324 5,954 U.S. Treasury—general account 4,537 0 4,537 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 209 5 100 7 8 9 14 19 4 5 6 11 21 Other 263 0 105 1 3 65 2 78 1 1 3 3 2 Total deposits 40,405 2,069 13,872 1,957 1,543 2,810" 4,236 2,820 876 777 1,131 2,338" 5,976 Deferred credit items 9,287 533 953 390 442 630 838 747 311 528 1,490 702 1,722 Other liabilities and accrued dividends1 2,931 174 1,063 87 163 236 135 347 87 53 116 122 346 TOTAL LIABILITIES 284,597" 18,308 97,779 9,316 17,453 24,853 12,503 34,744 7,949 5,508 10,953 14,344 30,887 CAPITAL ACCOUNTS Capital paid in 2,162 80 579 101 118 137 214 282 61 67 86 139 298 Surplus 1,879 75 566 71 95 119 160 273 58 48 70 102 240 Other capital accounts 125 3^ 22^ 8_ 0_ 0_ 15 0_ Z_ 5^ 12 17 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 288,763 18,467 98,946 9,496 17,666 25,109 12,892 35,300 8,070 5,629 11,121 14,601 31,466 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 276,474 18,481 87,745 9,828 17,633 24,956 11,898 34,187 8,223 5,204 10,795 14,679 32,844 Less—Held by F.R. Banks 44,500 2,949 5,854 2,947 2,328 3,779 4,604 3,357 1,549 1,053 2,580 3,498 10,002 F.R. notes, net 231,974 15,532 81,891 6,881 15,305 21,177 7,294 30,830 6,674 4,150 8,216 11,182 22,842 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 212,390 Total collateral 231,974 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