H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•V^S^V- 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. • ;^vu pt H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 14> 1989 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Dec 13, 1989 Dec 6, 1989 Dec 14, 1988 Dec 13, 1989 Reserve Bank credit1 2 267,743 + 1,156 + 5,386 272,155 U.S. government securities Bought outright—system account 223,040 + 37 - 9,866 223,395 Held under repurchase agreements 458 + 458 + 98 3,206 Federal agency obligations Bought outright 6,525 0 - 541 6,525 Held under repurchase agreements 24 + 24 - 324 166 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 29 - 29 - 262 47 Seasonal credit 81 - 11 - 41 81 Extended credit 22 + 1 - 1,577 19 Float 851 + 160 - 491 1,649 Other F.R. assets 36,713 + 517 + 18,390 37,068 Gold stock 11,059 0 - 3 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,578 + 14 •f 819 19,578 Total factors supplying reserve funds 306,898 _ 1,169 __ 9,703 311,311" Currency in circulation* 255,349 + 1,508 + 11,959 256,013 Treasury cash holdings* 448 + 3 + 44 447 Deposits, other than reserve balances, with F.R. Banks Treasury 4,475 - 687 - 332 5,692 Foreign 223 - 103 - 14 206 Service-related balances and adjustments3 2,167 + 263 + 94 1,638 Other 231 - 53 - 79 217 Other F.R. liabilities and capital 8,458 - 6 + 528 7,878 Total factors, other than reserve balances, absorbing reserve funds 271,352 + 924 + 12,201 272,091 Reserve balances with F.R. Banks* 35,546 + 246 - 2,498 39,219 On December 13, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 233,712 million, a change of - $ 2,245 million for the week. 1 Net of $ 4,746 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,746 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,746 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,746 million was with foreign official and international accounts. Includes $ 237 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,638 million and adjustments of $ 529 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 Dec 13, 1989 Dec 6, 1989 Dec 34, 1988 ASSETS Gold certificate account 11,059 0 - 2 Special drawing rights certificate account 8,518 0 + 3,500 Coin 495 + 18 •¥ 66 Loans 146 + 10 - 2,051 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 493 Held under repurchase agreements1 166 + 166 + 92 U.S. government securities Bought outright—Bills 101,201 +• 1,575 - 9,592 Notes 91,381 0 • 791 Bonds 30,814 0 + 884 Total bought outright2 223,395 + 1,575 - 7,918 Held under repurchase agreements1 3,206 + 3,206 * 2,967 Total U.S. government securities 226,602 + 4,781 - 4,950 Total loans and securities 233,439 + 4,957 - 7,402 Items in process of collection (897) 7,594 + 47 - 1,105 Bank premises 789 + 2 + 44 Other assets3 36,279 + 523 + 18,442 TOTAL ASSETS (897) 298,173 + 5,547 + 13,543 LIABILITIES Federal Reserve notes 237,377 + 1,455 + 11,370 Deposits Depository institutions 40,858 * 3,481 • 1,742 U.S. Treasury—general account 5,692 + 1,673 + 1,054 Foreign—official accounts 206 - 35 - 27 Other 217 .. 13 - 83 Total deposits 46,973 + 5,105 • 2,686 Deferred availability cash items (897) 5,945 - 598 - 696 Other liabilities and accrued dividends4 33,,000033 ++ 5511 - 95 TOTAL LIABILITIES ((889977)) 229933,,229999 ++ 66,,001133 • 13,266 CAPITAL ACCOUNTS Capital paid in 2,232 * 3 • 122 Surplus 2,112 0 • 65 Other capital accounts 530 1 469 • 90 * 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 $ 4,746 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 237 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 13, 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 rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 89 0 WWiitthhiinn 1155 ddaayyss 1122,,229911 + 2,873 203 + 133 16 days to 90 days 57 0 1166 ddaayyss ttoo 9900 ddaayyss 5500,,882255 + 1,893 636 37 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,774411 + 15 1,386 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5533,,550099 0 3,206 + 40 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,552299 0 1,071 • 30 OOvveerr 1100 yyeeaarrss 2266,,770066 0 189 0 Total 146 0 TToottaall 222266,,660022 + 4,781 6,691 + 166 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 13, 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 11,059 699 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 495 29 17 36 37 79 54 39 31 13 32 44 85 Loans 146 1 0 6 0 0 13 5 25 19 21 22 33 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 166 0 166 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 101,201 6,297 35,671 2,920 5,822 8,387 4,622 12,022 3,116 1,704 4,047 4,252 12,340 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 223,395 13,901 78,742 6,447 12,852 18,514 10,203 26,538 6,878 3,761 8,934 9,386 27,239 Held under repurchase agreements1 3,206 0 3,206 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 226,602 13,901 81,949 6,447 12,852 18,514 10,203 26,538 6,878 3,761 8,934 9,386 27,239 Total loans and securities 233,439 14,308 84,414 6,641 13,227 19,055 10,514 27,319 7,104 3,890 9,216 9,682 28,068 Items in process of collection 8,491 414 1,089 470 356 907 902 707 253 406 856 515 1,617 Bank premises 789 91 47 46 34 127 59 110 22 27 52 25 150 Other assets3 36,279 1,313 9,817 1,628 1,878 2,110 3,013 4,469 980 1,040 1,407 3,962 4,661 Interdistrict settlement account 0_ +3,478 -3,434 + 204 +1,157 +3,990 -3,083 +2,069 -180 -266 -1,928 -1,232 -775 TOTAL ASSETS 299,070 20,864 98,257 9,672 17,856 27,956 12,296 37,174 8,872 5,460 10,492 14,041 36,130 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 $ 4,746 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 237 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 13, 1989 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 237,377 16,970 81,053 7,404 15,489 22,946 6,550 31,820 7,317 4,116 8,044 10,985 24,684 Deposits Depository institutions 40,858 3,176 7,993 1,641 1,654 3,952 4,510 3,754 1,074 714 1,316 2,084 8,990 U.S. Treasury—general account 5,692 0 5,692 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 206 5 96 7 8 9 14 19 4 5 6 11 21 Other 217 1 90 1 1 27 2 82 1 5 2 4 2 Total deposits 46,973 3,182 13,871 1,649" 1,663 3,988 4,526 3,855 1,079 724 1,324 2,099 9,012 Deferred credit items 6,842 349 832 321 272 480 632 548 254 426 818 474 1,436 Other liabilities and accrued dividends1 3,003 173 1,159 83 162 231 136 341 86 52 114 121 345 TOTAL LIABILITIES 294,195 20,673 96,915 9,457 17,586 27,646 11,844 36,565 8,736 5,319 10,299 13,679 35,478 CAPITAL ACCOUNTS Capital paid in 2,232 83 601 100 124 139 217 280 62 67 88 170 300 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 530 33 175 12 32 48 39 56 15 7_ 17 54 61 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 299,070 20,864 98,257 9,672 17,856 27,956 12,296 37,174 8,872 5,460 10,492 14,041 36,130 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 281,361 19,952 86,774 9,664 17,962 26,498 11,190 35,684 9,098 5,053 10,450 14,691 34,346 Less—Held by F.R. Banks 43,984 2,982 5,721 2,260 2,474 3,552 4,640 3,864 1,781 937 2,406 3,706 9,662 F.R. notes* net 237,377 16,970 81,053 7,404 15,489 22,946 6,550 31,820 7,317 4,116 8,044 10,985 24,684 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 217,800 Total collateral 237,377 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