H.4.1 Factors Affecting Reserve Balances of Depository Institutions

&kS2&* 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^n^f. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks October 5, 1989 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssiiiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Oct 4, 1989 Sep 27, 1989 Oct 5, 1988 Oct 4, 1989 Reserve Bank credit1 2 264,775 4 1,528 4 6,101 266,279 U.S. government securities Bought outright—system account 221,168 4 2,069 - 2,075 220,283 Held under repurchase agreements 180 - 519 - 3,740 0 Federal agency obligations Bought outright 6,555 0 - 636 6,555 Held under repurchase agreements 143 - 316 - 2,161 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 521 4 201 + 22 3,984 Seasonal credit 432 - 42 4 17 381 Extended credit 25 4 1 - 1,682 20 Float 534 - 585 - 788 234 Other F.R. assets 35,218 • 721 4 17,145 35,722 Gold stock 11,065 0 4 2 11,065 Special drawing rights certificate account 8,518 0 • 3,500 8,518 Treasury currency outstanding 19,400 4 14 • 761 19,400 Total factors supplying reserve funds 303,758 _ 1,542 ___ 10,365 305,262 Currency in circulation* 247,882 4 281 4 12,026 248,597 Treasury cash holdings* 440 4 4 4 49 435 Deposits, other than reserve balances> with F.R. Banks Treasury 10,691 - 1,625 4 801 4,728 Foreign 312 4 76 • 44 322 Service-related balances and adjustments3 1,922 4 113 • 107 1,613 Other 310 - 102 - 34 278 Other F.R. liabilities and capital 8,654 4 912 • 852 8,537 Total factors* other than reserve balances> absorbing reserve funds 270,211 - 341 4 13,846 264,509 Reserve balances with F.R. Banks4 33,546 • 1,883 - 3,482 40,752 On October 4,1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 236,311 million, a change of - $ 3,105 million for the week. 1 Net of $ 3,431 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,431 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,943 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,943 million was with foreign official and international accounts. Includes $ 676 million securities Joaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,613 million and adjustments of $ 310 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for fioat. * 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 Wedrtesday Oct 4, 1989 Sep 27, 1989 Oct 5, 1988 ASSETS Gold certificate account 11,065 - 1 4 1 Special drawing rights certificate account 8,516 0 4 3,500 Coin 478 • 6 + 80 - Loans 3,485 •f 2,900 1,688 Acceptances 0 0 0 Federal agency obligations Bought outright 6,555 0 ~ 636 Held under repurchase agreements1 0 ~ 1,058 0 U.S. government securities Bought outright—Bills 98,220 • 1,725 - 4,439 Notes 91,450 -. 500 4 3,966 Bonds 30,614 0 220,283 + 1 + 30,614 1,121 Total bought outright2 220,283 • 1,225 + 1 + 647 Held under repurchase agreements1 00 - 1,507 0 Total U.S. government securities 222200,,228833 - 282 44 647 Total loans and securities 230,324 • 1,560 - 1,676 - Items in process of collection (989) 6,677 • 547 11,375 Bank premises 775 0 4 38 Other assets3 34,947 • 2,014 4 17,662 TOTAL ASSETS (989) 292,783 • 4,126 4 16,229 LIABILITIES Federal Reserve notes 230,110 • 939 4 11,307 Depos i ts Depository institutions 42,365 + 6,344 | 4 4,851 U.S« Treasury—general account 4,728 • 5,040 4 811 Foreign—official accounts 322 - 13 4 148 Other 227788 - 98 - 37 Total deposits 4477,,669933 • 1,192 i 4 5,773 Deferred availability cash items (989) I 6,443 • 1,117 | 52 Other liabilities and accrued dividends4 2,961 * 58 • 140 TOTAL LIABILITIES ( 989) 287,207 + 3,306 4 17,168 CAPITAL ACCOUNTS Capital paid in 2,198 ! 1 4 101 Surplus 2,112 0 4 65 Other capital accounts 1,266 i * 821 4 895 * 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 $ 1,288 million was outstanding at the end of the latest statement week. 2 Net of $ 3,943 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 676 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 $ 119 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, OCTOBER 4, 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 Within 15 days 3,274 0 HHiitthhiinn 1155 ddaayyss 88,,444400 567 44 147 16 days to 90 days 212 0 1166 ddaayyss ttoo 9900 ddaayyss 5522,,882244 • 1,378 759 + 140 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6699,,882288 + 2,411 1,376 + 37 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5500,,667711 866 3,173 40 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,114455 0 1,014 • 10 OOvveerr 1100 yyeeaarrss 2266,,550066 0 189 0 Total 3,485 0 TToottaall 222211,,441144 + 2,356 6,555 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 OCTOBER 4, 1989 Millions of dollars .—, Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta St. Louis Minneapolis Dallas Chicago City Francisco ASSETS Gold certificate account 11,065 699 3,416 400 661 943 508 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 478 26 17 35 30 75 63 33 31 14 30 41 83 Loans 3,485 1 3,035 1 9 0 22 36 164 106 43 25 43 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 98,220 6,112 34,621 2,834 5,650 8,140 4,486 11,668 3,024 1,654 3,928 4,127 11,976 Notes 91.450 5,691 32,234 2,639 5,261 7,579 4,177 10,864 2,816 1,540 3,657 3,842 11,151 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 220.283 13,707 77,646 6,357 12,672 18,256 10,061 26,169 6,782 3,709 8,809 9,255 26,860 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 220*283 13,707 77,646 6,357 12,672 18,256 10,061 26,169 6,782 3,709 8,809 9,255 26,860 Total loans and securities 230,324 14,116 82,991 6,547 13,058 18,800 10,383 26,984 7,148 3,925 9,114 9,556 27,702 Items in process of collection 7?666 401 974 433 272 493 681 645 266 391 1,172 606 1,332 Bank premises 775 91 37 46 34 129 59 109 22 26 48 24 150 Other assets3 34,947 1,263 9,073 1,478 1,761 2,016 2,766 4,204 909 955 1,308 4,815 4,397 Interdistrict settlement account -1 +1,838 +4,625 + 161 +2,003 +752 -2,545 +2,605 -1,154 -311 -1,922 -1,894 -4,157 TOTAL ASSETS 293,772 18,965 104,029 9,347 18,326 23,953 12,246 37,041 7,884 5,351 10,606 14,194 31,830 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 $ 1,288 million was outstanding at the end of the latest statement week. 2 Net of $ 3,943 miHion matched sale-purchase transactions outstanding at the en^ of the latest statement week. Includes $ 676 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 $ 119 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 OCTOBER 4, 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 i 230,110 16,165 80,756 6,747 15,796 20,534 7,043 31,656 6,604 4,091 7,958 10,844 21,917 Deposits Depository institutions 42,365 2,002 14,825 1,907 1,769 2,282 3,858 3,589 788 607 1,136 2,244 7,358 U.S. Treasury—general account ! 4,728 0 4,728 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts | 322 5 212 7 8 9 14 19 4 5 6 11 21 Other 278 1. 99 1 1 44 1 122 1 1 2 4 2 Total deposits 47,693 2,009 19,864 1,915 1,778 2,335 3,873 3,731 793 613 1,144 2,258 7,380 Deferred credit items 7,432 395 836 347 288 495 671 590 242 428 1,166 549 1,424 Other liabilities and accrued dividends1 2,961 180 1,076 87 166 235 136 347 87 53 117 123 353 TOTAL LIABILITIES 288,196 18,749 102,531 9,097 18,027 23,600 ~ 11,723 36,324 7,725 5,185 10,385 13,774 31,075 CAPITAL ACCOUNTS Capital paid in 2,198 82 579 101 118 137 214 282 62 67 87 171 298 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 1,266 59 353 46 66 92 113 162 38 32 48 91 166 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 293,772 18,965 104,029 9,347 18,326 23,953 12,246 37,041 7,884 5,351 10,606 14,194 31,830 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 277,846 19,144 87,458 9,681 18,208 24,455 11,859 35,638 8,239 5,123 10,643 14,458 32,940 Less—Held by F.R. Banks 47,737 2,979 6,703 2,934 2,412 3,920 4,816 3,982 1,636 1,032 2,685 3,614 11,023 F.R. notes> net 230,110 16,165 80,756 6,747 15,796 20,534 7,043 31,656 6,604 4,091 7,958 10,844 21,917 Collateral held against F.R. notes Gold certificate account 11,065 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 210,527 Total collateral 230,110 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