H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.\^°!B2^eJ: 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. •;*vup£f- H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks October 26, 1989 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 25, 1989 Oct 18, 1989 Oct 26, 1988 Oct 25, 1989 Reserve Bank credit1 2 258,129 3,019 + 3,632 257,290 U.S. government securities Bought outright—system account 212,859 3,412 - 12,235 211,871 Held under repurchase agreements 0 0 - 303 0 Federal agency obligations Bought outright 6,542 13 - 574 6,525 Held under repurchase agreements 0 0 - 82 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 55 84 - 52 84 Seasonal credit 301 28 - 3 290 Extended credit 20 0 - 1,928 23 Float 942 + 44 + 114 622 Other F.R. assets 37,411 + 475 + 18,696 37,876 Gold stock 11,063 0 - 1 11,063 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,467 + 14 + 786 19,467 Total factors supplying reserve funds 297,178 3,005 _ 7,919 296,338 Currency in circulation* 249,244 565 + 12,279 248,954 Treasury cash holdings* 439 0 + 43 442 Deposits, other than reserve balances, with F.R. Banks Treasury 5,389 765 - 234 5,827 Foreign 221 39 - 17 214 Service-related balances and adjustments3 1,814 1 - 101 1,620 Other 332 + 85 - 57 810 Other F.R. liabilities and capital 7,654 - 171 + 130 7,450 Total factors, other than reserve balances, absorbing reserve funds 265,093 1,456 + 12,045 265,316 Reserve balances with F.R. Banks4 32,085 1,549 - 4,125 31,022 On October 25, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 234,056 million, a change of + $ 566 million for the week. 1 Net of $ 8,829 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,944 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 9,450 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,539 million was with foreign official and international accounts. Includes $ 253 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,620 million and adjustments of $ 194 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 Nednesday Hednesday Wednesday Oct 25, 1989 Oct 18, 1989 Oct 26, 1988 ASSETS Gold certificate account 11,063 0 0 Special drawing rights certificate account 8,518 0 3,500 Coin 429 60 2 Loans 397 4 1,583 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 30 591 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 89,831 7,091 17,455 Notes 91,426 0 3,942 Bonds 30,614 0 1,121 Total bought outright2 211,871 7,091 12,392 Held under repurchase agreements1 0 0 0 Total U.S. government securities 211,871 7,091 12,392 Total loans and securities 218,793 7,125 14,566 Items in process of collection (918) 5,958 2,161 967 Bank premises 777 0 38 Other assets3 57,098 140 19,176 TOTAL ASSETS (918) 282,636 9,206 7,179 LIABILITIES Federal Reserve notes 230,358 723 + 11,277 Deposits Depository institutions 32,642 7,976 3,979 U.S. Treasury—general account 5,827 311 + 137 Foreign—official accounts 214 3 12 Other 810 534 + 210 Total deposits 39 ,492 7,757 3», 645 Deferred availability cash items (918) 5 ,336 565 584 Other liabilities and accrued dividends4 2 ,651 203 - 92 TOTAL LIABILITIES (918) 277,836 9,248 + 6,955 CAPITAL ACCOUNTS Capital paid in 2,222 22 115 Surplus 2,112 0 65 Other capital accounts 465 19 43 * 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 $ 9,450 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 253 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 $ 79 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 25, 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. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changers ? changes Hithin 15 days 378 0 WWiitthhiinn 1155 ddaayyss 88,,554499 1,865 89 94 16 days to 90 days 19 0 1166 ddaayyss ttoo 9900 ddaayyss 4455,,990033 2,587 635 + 47 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6677,,220088 2,638 1,394 + 25 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5500,,552299 0 3,180 18 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,117755 0 1,038 + 10 OOvveerr 1100 yyeeaarrss 2266,,550066 0 189 0 Total 397 0 TToottaall 221111,,887711 7,091 6,525 30 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 25, 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 11,063 699 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 429 30 16 37 33 77 63 34 30 14 32 44 21 Loans 397 2 0 22 9 26 31 20 107 93 36 28 22 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,525 406 2,300 188 375 541 298 775 201 110 261 274 796 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 89,831 5,590 31,664 2,592 5,168 7,445 4,103 10,672 2,766 1,512 3,592 3,774 10,953 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 3,637 943 515 1,224 1,286 3,733 Total bought outright2 211,871 13,184 74,680 6,114 12,189 17,559 9,677 25,169 6,523 3,567 8,473 8,901 25,834 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 211,871 13,184 74,680 6,114 12,189 17,559 9,677 25,169 6,523 3,567 8,473 8,901 25,834 Total loans and securities 218,793 13,592 76,980 6,324 12,572 18,126 10,006 25,964 6,831 3,770 8,770 9,204 26,652 Items in process of collection 6,875 293 843 352 219 458 663 590 288 389 807 589 1,385 Bank premises 777 91 37 46 34 130 59 109 22 26 49 24 150 Other assets3 37,098 1,338 9,706 1,604 1,878 2,117 2,946 4,443 971 1,018 1,396 4,971 4,710 Interdistrict settlement account 0 +2,426 +3,474 +43 +1,775 +1,594 -2,690 +1,895 -539 -422 -1,978 -2,273 -3,305 TOTAL ASSETS 283,553 19,001 97,366 9,052 17,681 24,190 11,885 35,496 8,263 5,146 9,932 13,606 31,936 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 $ 9,450 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 253 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 $ 79 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 25, 1989 Millions of dollars Kansas San | Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 230,358 16,700 79,933 6,910 15,657 20,445 7,111 31,364 7,025 4,029 7,858 10,727 22,601 Deposits Depository institutions 32,642 1,627 7,851 1,531 1,382 2,768 3,558 2,596 768 537 990 1,890 7,142 U.S. Treasury—general account 5,827 0 5,827 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 214 5 104 7 8 9 14 19 4 5 6 11 21 Other 810 2 678 2 1 25 1 85 1 5 2 4 4 Total deposits 39,492 1,635 14,460 1,540 1,391 2,802 3,573 2,701 773 547 998 1,906 7,167 Deferred credit items 6,253 319 740 313 222 419 625 502 250 381 782 496 1,204 Other liabilities and accrued dividends1 2,651 161 936 76 152 215 126 319 80 48 106 114 316 TOTAL LIABILITIES 278,754 18,815 96,069 8,839 17,422 23,881 11,435 34,886 8,128 5,005 9,744 13,242 31,287 CAPITAL ACCOUNTS Capital paid in 2,222 82 600 101 118 138 215 282 62 67 86 171 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 465 30 132 10 25 47 39 55 15 7_ 14 34 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 283,553 19,001 97,366 9,052 17,681 24,190 11,885 35,496 8,263 5,146 9,932 13,606 31,936 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 278,559 19,705 87,066 9,582 18,152 24,457 11,927 35,619 8,732 5,087 10,487 14,428 33,317 Less—Held by F.R. Banks 48,201 3,005 7,134 2,672 2,495 4,012 4,817 4,255 1,708 1,057 2,629 3,701 10,716 F.R. notes, net 230,358 16,700 79,933 6,910 15,657 20,445 7,111 31,364 7,025 4,029 7,858 10,727 22,601 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 210,777 Total collateral 230,358 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