H.4.1 Factors Affecting Reserve Balances of Depository Institutions

IgJJtowV FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when .fssrss*: 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 October 19, 1989 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 18, 1989 r___ 11, 1989 Oct 19, 1988 Oct 18, 1989 Reserve Bank credit1 2 261,187 + 395 + 5,624 265,872 U.S. government securities Bought outright—system account 216,270 - 576 - 9,694 218,961 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,555 0 - 631 6,555 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 139 - 306 - 136 70 Seasonal credit 329 - 26 + 4 310 Extended credit 20 + 2 - 1,663 22 Float 949 + 348 - 772 2,218 Other F.R. assets 36,924 • 953 + 18,515 37,736 Gold stock 11,063 - 1 0 11,063 Special drawing rights certificate account 8,518 0 • 3,500 8,518 Treasury currency outstanding 19,446 14 • 779 19,446 Total factors supplying reserve funds 300,214 408 _ 9,902 304,899 Currency in circulation* 249,802 + 253 • 11,904 249,600 Treasury cash holdings* 439 • 3 • 38 438 Deposits, other than reserve balances, with F.R. Banks Treasury 6,154 • 1,051 • 684 6,138 Foreign 260 • 20 + 24 217 Service-related balances and adjustments3 1,825 - 230 - 157 1,635 Other 247 - 10 - 67 277 Other F.R. liabilities and capital 7,825 - 766 + 258 7,612 Total factors, other than reserve balances, absorbing reserve funds 266,551 • 322 • 12,683 265,916 Reserve balances with F.R. Banks4 33,663 * 87 - 2,780 38,983 On October 18, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 233,490 million, a change of - $ 1,070 million for the week. 1 Net of $ 6,448 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,132 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,384 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3.384 million was with foreign official and international accounts. Includes $ 445 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,635 million and adjustments of $ 190 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 j Change since * WWeeddnneessddaayy [[ Wednesday | Wednesday Oct 18, 1989 Oct 11, 1989 Oct 19, 1983 ASSETS Gold certificate account I 11,063 0 0 Special drawing rights certificate account 8,518 0 + 3,500 Coin 489 + 5 + 65 Loans 401 _ 74 - 3,145 Acceptances 0 0 0 Federal agency obligations Bought outright 6,555 0 - 631 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright--Bills 96,921 + 3,950 - 12.n 344 Notes 91,426 - 24 • 3,942 Bonds 30,614 0 • 1,121 Total bought outright2 218,961 + 3,926 - 7,281 Held under repurchase agreements1 0 0 0 Total U.S. government securities 218,961 + 3,926 - 7,281 Total loans and securities 225,917 * 3,852 - 11,057 - - Items in process of collection (804) 8,119 2,941 411 Bank premises ^ 777 0 • 38 Other assets3 36,959 - 283 + 19,£84 TOTAL ASSETS (804) 291,842 + 633 + 11,419 LIABILITIES Federal Reserve notes 231,081 - 482 • 11,292 Deposits Depository institutions 40,617 • 2,703 * 96 U.S. Treasury—general account 6,138 • 1,580 + 606 Foreign—official accounts 217 - 88 - 22 Other 277 + 60 " 60 Total deposits 47,249 + 4,255 + 620 Deferred availability cash items (804) 5,900 - 3,057 - 775 Other liabilities and accrued dividends4 2,854 - 63 j + 38 TOTAL LIABILITIES (804) 287,084 • 653 + 11,2,25 CAPITAL ACCOUNTS Capital paid in 2,200 0 • 93 Surplus 2,112 0 + 66 Other capital accounts 446 - 21 • 25 * 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 $ 3.384 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 445 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 $ 75 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 18, 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 Keekly Weekly Holdings Holdings changes changes Nithin 15 days 379 0 NNiitthhiinn 1155 ddaayyss 10,414 • 4,604 183 • 89 16 days to 90 days 23 0 1166 ddaayyss ttoo 9900 ccbbyyss 48,491 296 589 76 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 69,846 270 1,368 13 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 50,529 142 3,198 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,175 • 31 1,028 0 OOvveerr 1100 yyeeaarrss 26,506 0 189 0 Total 401 0 TToottaall 218,961 • 3,926 6,555 0 Components may no! 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 18, 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 ASSETS Gold certificate account 11,063 699 3,414 400 661 943 508 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 489 28 16 36 32 75 64 33 30 14 31 43 87 Loans 401 2 0 30 10 0 21 22 117 96 43 24 37 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 96,921 6,031 34,163 2,797 5,576 8,033 4,427 11,514 2,984 1,632 3,876 4,072 11,818 Notes 91,426 5,689 32,226 2,638 5,260 7,577 4,176 10,861 2,815 1,539 3,656 3,841 11,148 Bonds 30,614 1,905 10,791 883 1,761 2,537 1,398 3,637 994433 551155 1,224 1,286 3,733 Total bought outright2 218,961 13,625 77,179 6,319 12,596 18,147 10,001 26,012 66,,774411 33,,668866 8,756 9,199 26,699 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 218,961 13,625 77,179 6,319 12,596 18,147 10,001 26,012 6,741 3,686 8,756 9,199 26,699 Total loans and securities 225,917 14,035 79,490 6,537 12,983 18,690 10,321 26,813 7,060 3,893 9,062 9,499 27,535 Items in process of collection 8,923 489 951 461 329 579 793 930 312 461 1,434 608 1,577 Bank premises 777 91 37 46 34 130 59 109 22 26 49 24 150 Other assets3 36,959 1,324 9,615 1,587 1,892 2,093 2,930 4,422 964 1,012 1,387 4,954 4,777 Interdistrict settlement account 0 +2,454 •4,357 -422 •1,705 •1,434 -3,164 +2,155 -462 -334 -2,519 --22,,331155 -2,889 TOTAL ASSETS 292,646 19,651 100,776 8,892 18,145 24,689 11,842 36,922 8,586 5,423 10,301 1133,,885599 33,561 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 $ 3,384 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 445 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 $ 75 million in Treasury bills maturing within 00 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 18, 1989 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 231,081 16,696 80,611 6,820 15,862 20,602 6,831 31,621 6,951 4,101 7,967 10,773 22,246 Deposits Depository institutions 40,617 2,240 10,736 1,412 1,595 3,057 3,763 3,633 1,182 689 1,222 2,049 9,039 U.S. Treasury—general account 6,138 0 6,138 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 217 5 107 7 8 9 14 19 4 5 6 11 21 Other 277 1 160 1 2 26 1 79 1 2 2 2 1 Total deposits 47,249 2,246 17,141 1,421 1,604 3,092 3,778 3,731 1,187 696 1,230 2^062 9,061 Deferred credit items 6,704 358 834 355 261 464 654 628 229 434 806 543 1,137 Otl*or liabilities and accrued dividends1 2,854 170 941 79 159 226 130 331 83 51 110 118 457 TOTAL LIABILITIES 287,888 19,470 99,528 8,675" 17,886 24,384 11,393 36,311 8,451 5,282 10,113 13,496 32,901 CAPITAL ACCOUNTS Capital paid in 2,200 82 579 101 118 137 215 282 62 67 86 171 299 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 446 24 104 13 26 44 38 57 16 7_ 15 34 70 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 292,646 19,651 100,776 8,892 18,145 24,689 11,842 36,922 8,586 5,423 10,301 13,859 33,561 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 278,175 19,583 87,337 9,584 18,280 24,521 11,605 35,666 8,543 5,100 10,595 14,345 33,015 Less—Held by F.R. Banks 47,094 2,888 6,726 2,764 2,418 3,919 4,774 4,046 1,591 999 2,628 3,572 10,769 F.R. notes, net 231,081 16,696 80,611 6,820 15,862 20,602 6,831 31,621 6,951 4,101 7,967 10,773 22,246 Collateral held against F.R. notes Gold certificate account 11,063 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 211,500 Total collateral 1 231,081 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