H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•q^cow--. FEDERERAL 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 24, 1989 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week &nd&d Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 22, 1989 Nov 15, 1989 Nov 23, 1988 Nov 22, 1989 Reserve Bank credit1 2 260,990 - 229 + 2,985 263,150 U.S. government securities Bought outright--system account 216,872 + 1,982 - 12,247 216,633 Held under repurchase agreements 596 + 396 + 396 2,773 Federal agency obligations Bought outright 6,525 0 - 577 6,525 Held under repurchase agreements 11 + 11 + 11 74 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 60 - 126 - 51 36 Seasonal credit 121 - 14 - 62 112 Extended credit 21 + 1 - 2,442 22 Float 848 - 349 - 553 890 Other F.R. assets 36,136 - 2,129 + 18,510 36,086 Gold stock 11,061 - 1 + 1 11,061 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,536 + 14 + 812 19,536 Total factors supplying reserve funds 300,105 - 216 • 7,297 302,264 Currency in circulation* 252,158 + 819 + 11,501 253,389 Treasury cash holdings* 451 + 2 + 50 447 Deposits, other than reserve balances, with F.R. Banks Treasury 4,449 - 308 - 839 4,504 Foreign 239 + 25 - 50 244 Service-related balances and adjustments3 1,982 + 102 + 85 1,637 Other 293 + 45 - 35 232 Other F.R. liabilities and capital 7,651 - 66 - 66 7,572 Total factors, other than reserve balances. absorbing reserve funds 267,222 + 620 + 10,645 268,025 Reserve balances with F.R. Banks4 32,883 - 836 - 3,348 34,240 On November 22, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 237,031 million, a change of + $ 517 million for the week. 1 Net of $ 4,897 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,897 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,453 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,453 million was with foreign official and international accounts. Includes $ 102 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,637 million and adjustments of $ 345 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 22, 1989 Nov 15, 1989 Nov 23, 1988 ASSETS Gold certificate account 11,061 - 1 0 Special drawing rights certificate account 8,518 0 + 3,500 Coin 485 - 8 + 68 _ _ Loans 169 1,161 1,401 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 577 Held under repurchase agreements1 74 + 74 + 74 U.S. government securities Bought outright—Bills 94,438 + 389 - 16,662 Notes 91,381 + 155 + 3,897 Bonds 30,814 0 + 1,321 Total bought outright2 216,633 + 544 - 11,444 Held under repurchase agreements1 2,773 + 2,773 + 2,773 Total U.S. government securities 219,405 + 3,317 - 8,672 Total loans and securities 226,174 + 2,230 - 10,575 _ Items in process of collection (1,213) 7,065 + 333 376 Bank premises 778 0 + 36 Other assets3 35,308 - 470 + 18,103 TOTAL ASSETS (1,213) 289,388 + 2,084 + 10,755 LIABILITIES Federal Reserve notes 234,785 + 1,809 • 10,818 Deposits Depository institutions 35,877 + 2,339 + 451 U.S. Treasury—general account 4,504 - 2,133 - 127 Foreign—official accounts 244 - 33 - 43 Other 223322 - 69 - 27 Total deposits 4400,,885566 + 104 + 253 Deferred availability cash items (1,213) 6,174 + 6 - 347 Other liabilities and accrued dividends* 2,701 + 73 - 250 TOTAL LIABILITIES (1,213) 284,517 + 1,991 + 10,475 CAPITAL ACCOUNTS Capital paid in 2,233 + 6 + 126 Surplus 2,112 0 + 65 Other capital accounts 526 + 88 + 89 * 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 $ 5,453 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 102 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 $ 63 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 22, 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 Weekly Weekly Holdings Holdings changes changes Hithin 15 days 162 0 WWiitthhiinn 1155 ddaayyss 1100,,775511 + 482 329 + 246 16 days to 90 days 7 0 1166 ddaayyss ttoo 9900 ddaayyss 4488,,008866 + 7,288 463 246 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6655,,882288 7,226 1,327 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5522,,773322 0 3,180 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,552299 0 1,038 0 OOvveerr 1100 yyeeaarrss 2266,,770066 0 189 0 Total 169 0 TToottaall 221166,,663333 + 544 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 22, 1989 Millions of dollars 1 11 Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS ^ Gold certificate account 11,061 699 3,412 400 661 943 508 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 485 32 13 38 35 76 54 38 31 14 31 41 83 Loans 169 3 0 12 3 0 12 8 51 32 21 26 1 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 74 0 74 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 94,438 5,877 33,287 2,725 5,433 7,827 4,313 11,219 2,908 1,590 3,777 3,968 11,515 Notes 91,381 5,686 32,210 2,637 5,257 7,573 4,174 10,856 2,813 1,538 3,654 3,839 11,142 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 216,633 13,480 76,359 6,251 12,462 17,954 9,894 25,735 6,670 3,647 8,663 9,101 26,415 Held under repurchase agreements1 2,773 0 2,773 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 219,405 13,480 79,131 6,251 12,462 17,954 9,894" 25,735 6,670 3,647 8,663 9,101 26,415 Total loans and securities 226,174 13,889 81,506 6,452 12,841 18,495 10,205 26,518 6,921 3,789 8,946 9,401 27,211 Items in process of collection 8,278 378 895 371 283 523 753 702 351 453 1,228 558 1,784 Bank premises 778 91 38 46 34 128 59 110 22 27 51 24 149 Other assets3 35,308 1,260 9,426 1,587 1,819 2,025 2,920 4,327 940 1,007 1,354 3,872 4,771 Interdistrict settlement account 0 •2,512 -1,700 +436 +1,738 +2,897 -2,912 +2,240 -150 -95 -2,018 -1,119 -1,327 TOTAL ASSETS 290,601 19,393 96,484 9,576 17,919 25,831 11,917 36,395 8,776 5,546 10,446 13,824 34,495 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 $ 5,453 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 102 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 $ 63 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 22, 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 234,785 17,210 80,335 7,431 15,689 21,667 6,819 31,968 7,300 4,129 7,960 10,887 23,391 Deposits Depository institutions 35,877 1,501 8,301 1,547 1,532 3,172 3,824 2,836 957 767 1,044 1,908 8,489 U.S. Treasury—general account 4,504 0 4,504 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 244 5 134 7 8 9 14 19 4 5 6 11 21 Other 232 0 109 1 3 34 2 67 1 5 3 3 4 Total deposits 40,856 1,506 13,049 1,555 1,543 3,214 3,840 2,922 962 776 1,053 1,922 8,514 Deferred credit items 7,387 328 767 296 278 426 683 575 299 452 1,137 539 1,606 Other liabilities and accrued dividends1 2,701 160 991 76 148 213 125 317 79 47 105 111 328 TOTAL LIABILITIES 285,730 19,206 95,141 9,359 17,658 25,520 11,466 35,782 8,640 5,404 10,256 13,460 33,838 CAPITAL ACCOUNTS Capital paid in 2,233 83 600 101 123 139 216 283 62 67 87 170 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 52b 29 177 13 22 49 40 57 16 8^ 16 35 65 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 290,601 19,393 96,484 9,576 17,919 25,831 11,917 36,395 8,776 5,546 10,446 13,824 34,495 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 279,515 19,974 86,787 9,728 18,102 25,320 11,241 35,741 9,044 5,045 10,472 14,540 33,520 Less—Held by F.R. Banks 44,730 2,764 6,453 2,298 2,413 3,653 4,422 3,773 1,744 917 2,512 3,653 10,129 F.R. notes , net 234,785 17,210 80,335 7,431 15,689 21,667 6,819 31,968 7,300 4,129 7,960 10,887 23,391 Collateral held against F.R. notes Gold certificate account 11,061 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 215,207 Total collateral 234,785 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