H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 9, 1989 Miilions of dollars 1 Averages of daily figures Reserve balances of depository institutions at H&ek ended Change from week ended Wednesday F.R. Banks? Reserve Bank credit? and related items Nov 8, 1989 Nov 17 1989 Nov 9, 1988 Nov 8, 1989 * Reserve Bank credit1 2 262,712 + 2,201 + 3,690 262,938 U.S. government securities Bought outright—system account 216,751 + 1,789 - 11,207 216,595 Held under repurchase agreements 0 0 - 360 0 Federal agency obligations Bought outright 6>525 0 - 591 6,525 Held under repurchase agreements 0 0 - 105 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 27 - 4 - 38 17 Seasonal credit 159 - 99 - 27 142 Extended credit 19 - 7 - 2,696 18 Float 1,228 + 530 + 146 1,083 Other F.R. assets 38,005 - 8 + 18,570 38,558 Gold stock 11,063 0 + 1 11,062 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,508 + 14 + 804 19,508 Total factors supplying reserve funds 301,801 — 2,215 7,995 302,026 Currency in circulation* 250,130 + 1,339 * 11,495 250,875 Treasury cash holdings* 444 •t- 1 + 43 449 Deposits? other than reserve balances? with F.R. Banks Treasury 5>361 - 1,075 - 148 5,949 Foreign 223 + 3 + 7 190 Service-related balances and adjustments3 1,971 * 250 + 42 1,624 Other 329 163 - 4 228 Other F.R. liabilities and capital 8,088 4. 196 - __J!Z- 7,615 Total factors? other than reserve balances? absorbing reserve funds 266,545 + 552 i + 11,297 266,931 1 1 " Reserve bala?ices with F.R, Banks4 35,255 + 1,663 3,303 35,096 On Movember 8 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 234,715 million, a change of + $ 1,331 million for the week. 1 Net of $ 4,455 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,455 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,673 million matched sale-purchase transactions outstanding at the end of the latest statement week of which a net of $ 4,673 million was with foreign official and international accounts. Includes $ 563 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of S 1.624 million and adjustments of $ 347 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. ** Estimated data ( Atlanta District) 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 ** NNeeddnneessddaa11^^** Wednesday | Wednesday Nov 8, 1989 Nov 1, 1989 J Nov 9, 1988 ASSETS Gold certificate account 11,062 0 J 0 Special drawing rights certificate account 8,518 0 | + 3,500 Coin 496 + 4 + 71 - _ Loans 177 54 2,902 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 591 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 94,555 - 1,157 - 16,305 Notes 91,426 0 • 3,942 Bonds 3300,,661144 00 + 1,121 ~~ Total bought outright2 221166,,559955 11,,115577 - 11,242 Held under repurchase agreements1 0 0 0 Total U.S. government securities 216,595 - 1,157 - 11,242 Total loans and securities 223,297 - 1,211 - 14,735 - - Items in process of collection (892) 6,784 155 956 Bank premises 776 + 1 + 34 Other assets3 37,782 + 308 + 19,235 TOTAL ASSETS (892) 288,715 - 1,053 • 7,149 LIABILITIES Federal Reserve notes 232,312 + 1,476 + 10,272 Deposits Depository institutions 36,720 - 269 - 2,246 U.S. Treasury—general account 5,949 - 1,183 - 843 Foreign—off icial accounts 190 - 36 + 4 Other 228 - 163 - 51 Total deposits 43,087 - 1,652 - 3,136 Deferred availability cash items (892) 5,701 - 531 ~ 71 Other liabilities and accrued dividends4 22,,880099 1 + 19 - 130 TOTAL LIABILITIES ((889922)) 228833,,990099 1 687 + 6,935 CAPITAL ACCOUNTS Capital paid in 2,225 * 2 + 113 Surplus 2,112 0 + 65 J ~__ Other capital accounts 469 368 + 36 * 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 $ 4.673 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 563 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 $ 81 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. x* Estimated data ( Atlanta District) MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 8, 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 Meekly Weekly Holdings Holdings changes changes Hithin 15 days 70 0 NNiitthhiinn 1155 ddaayyss 88,,115511 3,536 0 0 16 days to 90 days 107 0 1166 ddaayyss ttoo 9900 ddaayyss 4477,,771188 + 3,007 791 • 119 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6699,,556699 629 1,327 119 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5511,,447766 0 3,180 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,117755 0 1,038 0 OOvveerr 1100 yyeeaarrss 2266,,550066 0 189 0 Total 177 0 TToottaall 221166,,559955 1,157 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 8, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond ^nta Chicago St. Louis Minneapolis City Dallas 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 496 31 16 38 33 80 61 37 29 14 31 45 82 Loans 177 1 0 3 8 0 17 9 59 41 19 18 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 94,555 5,884 33,329 2,729 5,440 7,836 4,319 11,233 2,911 1,592 3,781 3,973 11,530 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 216,595 13,478 76,345 6,250 12,460 17,951 9,893 25,731 6,669 3,646 8,662 9,100 26,410 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 216,595 13,478 76,345 6,250 12,460 17,951 9,893 25,731 6,669 3,646 8,662 9,100 26,410 Total loans and securities 223,297 13,885 78,645 6,442 12,844 18,491 10,208 26,515 6,928 3,797 8,942 9,392 27,206 Items in process of collection 7,675 516 915 473 245 531 812 673 255 422 888 521 1,426 Bank premises 776 91 38 46 33 127 59 110 22 26 50 24 150 Other assets3 37,782 1,372 9,934 1,615 1,919 2,166 3,002 4,534 993 1,041 1,426 5,028 4,753 Interdistrict settlement account 0_ +2,946 +2,850 +638 +1,682 +1,926 -2,807 +1,795 -318 -470 -2,040 -2,602 -3,602 TOTAL ASSETS 289,607 20,071 98,708 9,898 17,926 25,010 12,173 36,124 8,569 5,180 10,153 13,455 32,338 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 $ 4,673 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 563 million securities loaned-fully secured by U.S. government securities. v, Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 81 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. ** Estimated data ( Atlanta District) 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 8, 1989 Millions of dollars I Kansas San Total Boston New York I Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 232,312 16,998 79,939 7,260 15,707 21,034 6,966 31,385 7,271 4,084 7,905 10,831 22,934 Deposits Depository institutions 36,720 2,374 9,478 1,998 1,550 2,971 3,970 3,151 877 460 1,083 1,658 7,150 U.S. Treasury—general account 5,949 0 5,949 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 190 5 80 7 8 9 14 19 4 5 6 11 21 *> Other 228 0 91 3 0 36 1 85 1 5 Z 2 c Total deposits 43,087 2,380 15,598 2,008 1,558 3,016 3,985 3,255 882 470 1,090 1,671 7,173 Deferred credit items 6,592 341 839 335 249 432 576 546 200 436 859 474 1,306 Other liabilities and accrued dividends1 2,809 164 990 82 153 219 197 326 82 49 109 116 322 TOTAL LIABILITIES 284,800 19,883 97,366 9,684 17,667 24,701 11,724 35,512 8,434 5,039 9,964 13,092 31,735 CAPITAL ACCOUNTS Capital paid in 2,225 83 600 101 118 138 215 283 62 67 87 171 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 469 30 175 11 26 47 38 56 15 8 16 35 13 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 289,607 20,071 98,708 9,898 17,926 25,010 12,173 36,124 8,569 5,180 10,153 13,455 32,338 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 279,088 19,831 87,066 9,749 18,150 222444,,,888111555 111111,,,555555999 333555,,,666333000 888,,,999555000 555,,,000777333 111000,,,333999999 111444,,,444111777 33,449 Less—Held by F.R. Banks 46,775 2,833 7,127 2,490 2,443 333,,,777888111 444,,,555999333 444,,,222444555 111,,,666777999 999888999 222,,,444999333 333,,,555888666 10,515 F.R. notes, net 232,312 1166,,999988 7799,,993399 77,,226600 1155,,770077 222111,,,000333444 666,,,999666666 333111,,,333888555 777,,,222777111 444,,,000888444 777,,,999000555 111000,,,888333111 22,934 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 212,732 Total collateral 232,312 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. ** Estimated data ( Atlanta District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis