H.4.1 Factors Affecting Reserve Balances of Depository Institutions

\qt£oCt A FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, wheti/ •f«Sn*^. 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 16, 1989 Millions of dollars Averac es of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 15, 1989 Nov 8, 1989 Nov L6, 1988 Nov 15, 1989 Reserve Bank credit1 2 261,245 - 1,457 + 1,737 261,062 U.S. government securities Bought outright—system account 214,890 - 1,861 - 13,592 216,088 Held under repurchase agreements 0 0 - 438 0 Federal agency obligations Bought outright 6,525 0 - 577 6,525 Held under repurchase agreements 0 0 - 127 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 186 + 160 - 182 1,177 Seasonal credit 135 - 24 - 37 129 Extended credit 20 + 1 - 2,940 23 Float 1,206 - 11 + 37 563 Other F.R. assets 38,283 + 278 + 19,593 36,556 Gold stock 11,062 0 + 1 11,062 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,522 + 14 + 808 19,522 Total factors supplying reserve funds 300,347 - 1,444 _ 6,045 300,164 Currency in circulation* 251,338 + 1,208 + 10,712 251,555 Treasury cash holdings* 449 + 6 + 45 452 Deposits, other than reserve balances, with F.R. Banks Treasury 4,757 - 604 - 452 6,637 Foreign 213 - 9 - 20 277 Service-related balances and adjustments3 1,867 - 103 - 20 1,623 Other 248 - 81 - 57 301 Other F.R. liabilities and capital 7,716 - 362 - 35 7,405 Total factors, other than reserve balances, absorbing reserve funds 266,590 + 54 + 10,175 268,250 Reserve balances with F.R. Banks4 33,757 - 1,498 - 4,129 31,914 On November 15, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 236,514 million, a change of + $ 1,799 million for the week. 1 Net of $ 6,378 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,682 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,180 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,180 million was with foreign official and international accounts. Includes $ 171 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,623 million and adjustments of $ 244 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 sincia WWeeddnneessddaayy Wednesday Wecfoesday ** Nov 15, 1989 Nov 8, 1989 i Nov 16, 1988 ASSETS Gold certificate account 11,062 - 1 + 2 Special drawing rights certificate account 8,518 ] 0 + 3,500 Coin 493 - 3 + 71 Loans 1,330 + 1,153 - 2,076 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 577 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 94,049 - 507 - 18,152 Notes 91,226 - 200 + 3,742 Bonds 30,814 + 200 + 1,321 Total bought outright2 216,088 •- 507 - 13,090 Held under repurchase agreements1 0 0 0 Total U.S. government securities 216,088 - 507 - 13,090 Total loans and securities 223,943 646 - 15,743 •»• - Items in process of collection (979) 6,732 + 16 4,713 Bank premises 778 + 2 + 38 Other assets3 3355,,777788 - 2,004 ++ 19,458 TOTAL ASSETS ((997799)) 228877,,330033 - 1,345 ++ 2,612 LIABILITIES Federal Reserve notes 232,977 + 664 + 10,397 Deposits Depository institutions 33,537 - 3,182 - 6,799 U.S. Treasury—general account 6,637 + 688 + 1,253 Foreign--official accounts 277 + 87 + 95 Other 301 + 73 - 53 Total deposits 40,753 - 2,334 ! 5,503 Deferred availability cash items (979) 6,169 + 468 - 2,219 Other liabilities and accrued dividends4 22,,662288 111155 i 257 --..-- TOTAL LIABILITIES ((997799)) 228822,,552266 11,,331166 + 2,417 CAPITAL ACCOUNTS Capital paid in 2,227 + 2 + 120 Surplus 2,112 0 + 65 Other capital accounts | 439 - 31 • 11 * 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 $ 5,180 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 171 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. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 15, 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 changes changes Within 15 days 1,293 0 WWiitthhiinn 1155 ddaayyss 1100,,226699 ++ 22,,111199 82 + 82 16 days to 90 days 37 0 1166 ddaayyss ttoo 9900 ddaayyss 4400,,779988 66,,992211 709 82 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7733,,005533 ++ 33,,448855 1,327 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5522,,773322 ++ 11>>225566 3,180 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,552299 664466 1,038 0 OOvveerr 1100 yyeeaarrss 2266,,770066 ++ 220000 189 0 Total 1,330 0 TToottaall 221166,,008888 550077 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 15, 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 493 32 15 38 34 79 59 38 28 14 30 43 82 Loans 1,330 1 1,151 7 3 0 14 7 60 40 17 28 2 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 94,049 5,852 33,150 2,714 5,410 7,794 4,296 11,173 2,896 1,583 3,761 3,951 11,468 Notes 91,226 5,677 32,155 2,633 5,248 7,561 4,167 10,837 2,809 1,536 3,648 3,833 11,124 Bonds 30,814 1,917 10,861 889 1,773 2,554 1,407 3,661 949 519 1,232 1,295 3,757 Total bought outright2 216,088 13,446 76,167 6,236 12,431 17,909 9,870 25,670 6,653 3,638 8,642 9,079 26,349 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 216,088 13,446 76,167 6,236 12,431 17,909 9,870 25,670 6,653 3,638 8,642 9,079 26,349 Total loans and securities 223,943 13,853 79,617 6,431 12,810 18,450 10,182 26,453 6,914 3,788 8,920 9,381 27,146 Items in process of collection 7,711 469 771 416 306 500 725 710 251 399 929 721 1,512 Bank premises 778 91 38 46 34 127 59 110 22 27 51 24 150 Other assets3 35,778 1,240 9,179 1,573 1,878 1,987 2,898 4,274 926 1,037 1,339 4,943 4,505 Interdistrict settlement account 0 +2,884 +660 +258 +1,634 +2,160 -2,880 +2,163 + 71 -91 -1,578 -2,092 -3,188 TOTAL ASSETS 288,282 19,799 96,589 9,409 17,864 24,991 11,882 36,208 8,872 5,525 10,548 14,067 32,530 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 $ 5,180 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 171 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, 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 15, 1S89 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes | 232,977 17,065 79,964 7,335 15,651 21,143 6,785 31,626 7,280 4,107 7,988 10,854 23,179 Deposits Depository institutions 33,537 1,956 6,637 1,428 1,502 2,810 3,901 2,999 1,166 759 1,300 2,109 6,968 U.S. Treasury—general account 6,637 0 6,637 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 277 5 167 7 8 9 14 19 4 5 6 11 21 Other 301 1_ 146 2 3 35 2 87 1 6 7 4 7 Total deposits 40,753 1,962 13,587 1,437 1,513 2,855 3,917 3,106 1,172 770 1,314 2,124 6,996 Deferred credit items 7,148 422 818 347 291 473 610 553 205 460 953 618 1,399 Other liabilities and accrued dividends1 2,628 161 902 80 150 217 126 318 83 48 106 113 325 TOTAL LIABILITIES 283,505 19,609 95,271 9,198 17,605 24,688 11,437 35,603 8,740 5,386 10,361 13,709 31,899 CAPITAL ACCOUNTS Capital paid in 2,227 83 600 101 118 139 215 283 62 67 87 171 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 439 32 153 6_ 25 41 33 49 12 6_ 13 29 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 288,282 19,799 96,589 9,409 17,864 24,991 11,882 36,208 8,872 5,525 10,548 14,067 32,530 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 279,415 19,903 86,972 9,786 18,133 24,936 11,408 35?^24 8,971 5,062 10,443 14,480 33,597 Less—Held by F.R. Banks 46,438 2,838 7,008 2,452 2,482 3,792 4,623 4,097 1,691 955 2,455 3,626 10,418 F.R. notes, net 232,977 17,065 79,964 7,335 15,651 21,143 6,785 31,626 7,280 4,107 7,988 10,854 23,179 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 213,397 Total collateral [ 232,977 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis