H.4.1 Factors Affecting Reserve Balances of Depository Institutions

^pc COi/,. / 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) 452-320S. ^LRO\'' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 2, 1989 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change fron week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss NNoovv 11,, 11998899 Oct 25, 1989 Nov 2, 1988 Nov 1, 1989 Reserve Bank credit1 2 260,572 + 2,442 + 4,899 263,464 U.S, government securities Bought outright--system account 214,962 + 2,103 9,903 217,752 Held under repurchase agreements 0 0 1,003 0 Federal agency obligations Bought outright 6,525 17 591 6,525 Held under repurchase agreements 0 0 344 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 31 25 137 23 Seasonal credit 258 43 7 188 Extended credit 25 • 5 1,888 20 Float 767 175 327 707 Other F.R. assets 38,005 + 593 + 19,101 38,249 Gold stock 11,063 1 0 11,062 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,481 + 14 + 787 19,481 Total factors supplying reserve funds 299,634 + 2,456 + 9,186 302,526 Currency in circulation* 248,779 464 + 11,594 249,383 Treasury cash holdings* 442 + 3 + 47 442 Deposits, other than reserve balances, with F.R. Banks Treasury 6,436 + 1,047 + 239 7,133 Foreign 219 2 15 226 Service-related balances and adjustments3 1,719 96 390 1,621 Other 492 + 160 + 90 392 Other F.R. liabilities and capital 7,891 + 237 55 7,962 Total factors, other than reserve balances, absorbing reserve funds 265,979 + 885 + 11,511 267,158 Reserve balances with F.R. Banks* 33,655 + 1,571 2,326 35,368 On November 1, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were S 233,384 million, a change of - $ 672 million for the week. 1 Net of S 6427 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,712 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3.788 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,788 million was with foreign official and international accounts. Includes $ 447 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,621 million and adjustments of $ 98 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 Nov 1, 1989 Oct 25, 1989 ! Nov 2, 1988 ASSETS Gold certificate account 11,062 0 0 Special drawing rights certificate account 8,518 0 + 3,500 Coin 492 + 63 + 69 Loans 231 - 166 - 2,380 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 591 Held under repurchase agreements1 0 0 - 428 U.S. government securities Bought outright—Bills 95,713 + 5,882 - 11,863 Notes 91,426 0 + 3,942 Bonds 3300,,661144 0 ++ 1,121 Total bought outright2 221177,,775522 + 5,882 6,801 Held under repurchase agreements1 0 0 - 1,232 Total U.S. government securities 217,752 + 5,832 - 8,033 Total loans and securities 224,508 + 5,715 - 11,432 Items in process of collection (1,034) 6,938 + 981 - 971 Bank premises 775 - 2 + 34 Other assets3 37,474 + 375 + 18,881 TOTAL ASSETS (1,034) 289,768 + 7,132 + 10,082 LIABILITIES Federal Reserve notes 230,836 + 479 + 10,789 Deposits Depository institutions 36,989 + 4,347 - 2,719 U.S. Treasury—general account 7,133 + 1,306 + 2,666 Foreign—official accounts 226 + 12 • 3 Other 339922 - 419 11 ++ 41 Total deposits 4444,,773399 + 5,246 10 Deferred availability cash items (1,034) j 6,231 4 896 - 583 Other liabilities and accrued dividends4 22,,779900 ++ 113399 - 141 TOTAL LIABILITIES ((11,,003344)) 228844,,559966 ++ 66,,776600 + 10,055 CAPITAL ACCOUNTS Capital paid in 2,223 + 1 + 114 Surplus 2,112 0 + 66 Other capital accounts 838 + 372 - :i52 * 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 $ 1,871 million was outstanding at the end of the latest statement week. 2 Net of $ 3,788 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 447 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 $ 73 million in Treasury bills maturing within SO 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, NOVEMBER 1, 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 obliaations LLooaannss AAcccceeppttaanncceess Weekly Heekly Holdings Holdings changes changes Within 15 days 121 0 WWiitthhiinn 1155 ddaayyss 1111,,668866 ++ 33,,113388 0 89 16 days to 90 days 109 0 1166 ddaayyss ttoo 9900 ddaayyss 4444,,771111 11,,119922 672 + 37 Over 90 days 0 0 9911 ddaayyss iioo 11 yyeeaarr 7700,,119977 ++ 22,,998899 1,446 + 52 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5511,,447766 ++ 994477 3,180 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,117755 00 1,038 0 OOvveerr 1100 yyeeaarrss 2266>>550066 00 189 0 Total 231 0 TToottaall 221177,,775522 ++ 55,,888822 6,525 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 NOVEMBER 1, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,062 699 3,413 400 661 943 508 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 492 30 16 37 31 79 62 36 29 13 31 45 83 Loans 231 4 2 5 3 0 18 12 88 52 22 24 0 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 95,713 5,956 33,737 2,762 5,506 7,932 4,372 11,370 2,947 1,611 3,828 4,021 11,671 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 217,752 13,550 76,753 6,284 12,527 18,047 9,946 25,868 6,704 3,666 8,708 9,148 26,551 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 217,752 13,550 76,753 6,284 1122,,552277 1188,,004477 99,,994466 2255,,886688 66,,770044 33,,666666 88,,770088 99,,114488 26,551 Total loans and securities 224,508 13,960 79,055" 6,477 1122,,990066 1188,,558877 1100,,226622 2266,,665555 66,,999944 33,,882288 88,,999911 99,,444477 27,347 Items in process of collection 7,972 395 877 412 253 476 789 731 314 459 903 628 1,736 Bank premises 775 91 37 46 33 127 59 109 22 26 50 24 150 Other assets3 37,474 1,356 9,839 1,606 1,902 2,146 2,988 4,505 990 1,033 1,414 5,009 4,684 Interdistrict settlement account 0 +2,551 +4,181 ++117700 ++11,,669955 ++11,,440066 --33,,002200 ++11,,993322 --443333 -413 -2,162 -2,339 -3,569 TOTAL ASSETS 290,802 19,612 100,315 99,,339955 1177,,999900 2244,,550099 1111,,997799 3366,,442299 88,,557766 5,298 10,084 13,860 32,755 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 $ 1,871 million was outstanding at the end of the latest statement week. 2 Net of $ 3,788 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 447 million securities loahed-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 $ 73 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 NOVEMBER 1, 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 230,836 16,711 79,890 7,052 15,680 20,692 6,961 31,372 7,253 4,043 7,860 10,689 22,634 Deposits Depository institutions 36,989 2,140 9,691 1,636 1,619 2,737 3,760 3,353 785 577 1,015 2,028 7,647 U.S. Treasury—general account 7,133 0 7,133 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 226 5 116 7 8 9 14 19 4 5 6 11 21 Other 392 1 253 2 1 41 1 77 1 5 3 4 3 Total deposits 44,739 2,146 17,193 1,645 1,628 2,787 3,775 3,449 791 587 1,024 2,044 7,671 Deferred credit items 7,265 388 818 389 247 475 629 616 305 464 887 621 1,426 Other liabilities and accrued dividends1 2,790 168 993 84 155 222288 113322 333366 83 51 111 117 332 TOTAL LIABILITIES 285,630 19,413 98,894 9,170 17,711 2244,,118811 1111,,449977 3355,,777722 8,432 5,144 9,882 13,471 32,062 CAPITAL ACCOUNTS Capital paid in 2,223 82 600 101 118 138 215 282 62 67 B7 171 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 833 43 255 22 46 66 71 102 25 19 28 60 102 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 290,802 19,612 100,315 9,395 17,990 24,509 11,979 36,429 8,576 5,298 10,084 13,860 32,755 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 278,810 19,670 87,185 9,617 18,137 24,575 11,748 35,714 8,889 5,073 10,439 14,410 33,352 Less—Held by F.R. Banks 47,974 2,959 77,,229955 22,,556655 22,,445577 33,,888833__ 44,,778877 44,,334422 11,,663377 1,030 2,580 33,,772211 10,719 F.R. notes> nci 230,836 16,711 7799,,889900 77,,~~005522 1155,,660000 2200,,669922 66,,996611 3311,,337722 77,,225533 4,043 7,860 1100,,668899~~ 22,634 Collateral held against F.R. notes Gold certificate account 11,062 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 211,256 Total collateral 230,836 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