H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•Co2^2£4V. FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, wheo, the information is available, on (202) 452-3206. ;^vu p£fj\ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R, Banks December 7, 1989 Millions of dollars Averac ies of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change frorr week ended Nednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 6, 1989 Nov 2 9, 1989 Dec 7, 1988 Dec 6, 1989 Reserve Bank credit1 2 266,587 + 2,081 + 4,708 266,028 U.S. government securities Bought outright—system account 223,003 + 6,749 - 11,189 221,821 Held under repurchase agreements 0 - 3,805 0 0 Federal agency obligations Bought outright 6,525 0 - 577 6,525 Held under repurchase agreements 0 - 320 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 58 - 489 - 361 30 Seasonal credit 92 - 17 - 47 86 Extended credit 21 - 4 - 1,437 20 Float 691 - 289 + 577 1,003 Other F.R. assets 36,197 + 256 + 17,742 36,543 Gold stock 11,060 - 1 - 2 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,564 + 14 + 819 19,564 Total factors supplying reserve funds 305,728 _ 2,094 _ 9,025 305,169 Currency in circulation* 253,842 + 201 + 11,391 254,561 Treasury cash holdings* 445 - 2 + 47 448 Deposits? other than reserve balances? with F.R. Banks Treasury 5,162 + 70 + 856 4,020 Foreign 327 + 74 + 43 241 Service-related balances and adjustments3 1,905 - 61 - 242 1,639 Other 283 - 174 - 34 230 Other F.R. liabilities and capital 8,464 + 552 + 390 8,292 Total factors, other than reserve balances. absorbing reserve funds 270,428 + 660 + 12,450 269,431 Reserve balances with F.R. Banks4 35,300 •f 1,435 - 3,425 35,738 On December 6, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 235,957 million, a change of + $ 2,933 million for the week. 1 Net of $ 4,006 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,006 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,374 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,374 million was with foreign official and international accounts. Includes $ 78 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,639 million and adjustments of $ 266 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 ** HHeeddnneessddaayy Hednesday Wednesday Dec 6, 1989 Nov 29, 1989 ! Dec 7, 1988 ASSETS Gold certificate account 11,059 - 1 - 3 Special drawing rights certificate account i 8,518 0 + 3,500 Coin 477 + 5 + 69 Loans 136 - 1,089 - 1,683 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 577 Held under repurchase agreements1 0 - 1,164 0 U.S. government securities Bought outright—Bills 99,626 + 5,149 - 13,380 Notes 91,381 0 + 866 Bonds 30,814 0 • 884 Total bought outright2 221,821 + 5,149 - 11,630 Held under repurchase agreements1 00 —— 1122,,222266 0 Total U.S. government securities 222211,,882211 77,,007777 - 11,630 Total loans and securities 228,482 - 9,330 - 13,890 Items in process of collection (980) 7,547 + 1,272 - 1,432 Bank premises 787 • 11 • 42 Other assets3 35,756 - 366 + 18,255 TOTAL ASSETS (980) 292,626 - 8,409 • 6,541 LIABILITIES Federal Reserve notes 235,923 • 624 + 10,826 Deposits Depository institutions 37,377 - 7,647 - 4,484 U.S. Treasury—general account 4,020 - 2,450 - 165 Foreign—official accounts 241 • 56 - 10 Other 223300 - 719 - 115 Total deposits 4411,,886688 - 10,760 - 4,774 Deferred availability cash items (980) 6,543 1 • 1,290 - 122 Other liabilities and accrued dividends* 22,,995522 ! 88 130 TOTAL LIABILITIES ((998800)) 228877,,228866 - 8,935 ++ 5,800 CAPITAL ACCOUNTS Capital paid in 2,229 - 1 • 122 Surplus ! 2,112 0 + 65 Other capital accounts 999 •t 527 + 554 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federal agency secunties 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 $ 5,374 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 78 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 $ 77 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, DECEMBER 6, 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 72 0 WWiitthhiinn 1155 ddaayyss 99,,441188 10,418 70 1,410 16 days to 90 days 64 0 1166 ddaayyss ttoo 9900 ddaayyss 4488,,993322 + 480 673 + 255 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,772266 + 2,085 1,386 9 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5533,,550099 * 777 3,166 + 7 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,552299 0 1,041 7 OOvveerr 1100 yyeeaarrss 2266,,770066 0 189 0 Total 136 0 TToottaall 222211,,882211 7,077 6,525 1,164 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 DECEMBER 6, 1989 Millions of dollars Kansas ••——————-— ~" ——— ^ ~~ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City San ASSETS Francisco Gold certificate account 11,059 699 3,410 400 661 943 508 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 477 29 15 37 35 77 51 36 31 13 31 42 82 Loans 136 0 0 28 0 0 19 5 29 18 15 22 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 99,626 6,199 35,116 2,875 5,731 8,257 4,550 11,835 3,067 1,677 3,984 4,186 12,148 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 221,821 13,803 78,187 6,401 12,761 18,384 10,131 26,351 6,829 3,734 8,871 9,319 27,047 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 221,821 13,803 78,187 6,401 12,761 18,384 10,131 26,351 6,829 3,734 8,871 9,319 27,047 Total loans and securities 228,482 14,209 80,487 6,617 13,137 18,925 10,448 27,132 7,059 3,862 9,147 9,615 27,843 Items in process of collection 8,527 495 1,012 436 323 663 834 654 304 416 940 573 1,877 Bank premises 787 91 47 46 34 127 59 110 22 27 51 25 150 Other assets3 35,756 1,297 9,557 1,610 1,862 2,072 2,990 4,427 964 1,034 1,393 3,934 4,616 Interdistrict settlement account 0 +2,520 -915 +818 +1,270 +3,224 -3,593 +1,524 -261 -341 -2,135 -982 -1,128 TOTAL ASSETS 293,607 19,871 96,509 10,211 17,829 26,775 11,629 36,343 8,780 5,362 10,281 14,252 35,765 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 Met of $ 5,374 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 78 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 $ 77 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 DECEMBER 6, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 235,923 16,959 80,348 7,436 15,521 22,489 6,713 31,853 7,320 4,087 8,016 10,945 24,237 Deposits Depository institutions 37,377 2,131 8,470 2,044 1,563 3,130 3,558 2,821 949 639 1,042 2,239 8,791 U.S. Treasury—general account 4,020 0 4,020 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 241 5 131 7 8 9 14 19 4 5 6 11 21 Other 230 0 104 1 1 28 2 80 1 5 2 3 2 Total deposits 41,868 2,136" 12,725 2,052 1,572 3,167~ 3,574 2,920 954 649 1,050 2,254 8,813 Deferred credit items 7,524 394 879 402 277 543 712 556 270 417 887 536 1,651 Other liabilities and accrued dividends1 2,952 175 1,085 88 163 233 136 346 87 52 115 122 351 TOTAL LIABILITIES 288,266 19,665 95,038 9,977 17,533 26,432 11,134 35,675 8,632 5,205 10,068 13,857 35,051 CAPITAL ACCOUNTS Capital paid in 2,229 83 600 100 124 139 216 280 62 67 88 171 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 999 48 305 31 58 81 83 115 28 22 38 66 122 TOTAL LIABILITIES AND CAPITAL »* ACCOUNTS 293,607 19,871 96,509 10,211 17,829 26,775 11,629 36,343 8,780 5,362 10,281 14,252 35,765 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 280,873 19,953 86,504 9,707 17,908 26,098 11,363 35,792 9,116 5,002 10,464 14,714 34,252 Less—Held by F.R. Banks 44,950 2,994 6,156 2,272 2,387 3,609 4,650 3,939 1,796 915 2,449 3,769 10,015 F.R. notes, net 235,923 16,959 80,348 7,436 15,521 22,489 6,713 31,853 7,320 4,087 8,016* 10,945 24,237 Collateral held against F.R. notes Gold certificate account 11,059 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 216,345 Total collateral 235,923 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