H.4.1 Factors Affecting Reserve Balances of Depository Institutions

/>^2^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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 28, 1989 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frorri week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Dec 27, 1989 Dec 20, 1989 Dec 28, 1988 Dec 27, 1989 Reserve Bank credit1 2 270>882 + 3,342 + 6,388 283,575 U.S. government securities Bought outright—system account 221,943 - 666 - 10,938 222,195 Held under repurchase agreements 2,670 + 2,439 + 999 11,756 Federal agency obligations Bought outright 6,525 0 - 485 6,525 Held under repurchase agreements 261 + 243 - 647 1,501 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 406 + 325 + 114 2,047 Seasonal credit 90 + 3 - 56 95 Extended credit 17 - 3 - 907 17 Float 1,688 + 379 - 83 1,514 Other F.R. assets 37,282 + 623 + 18,391 37,926 Gold stock 11,059 0 - 1 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,606 + 14 + 819 19,606 Total factors supplying reserve funds 310,065 _ 3,356 _ 10,706 322,758 Currency in circulation* 259,112 + 2,429 + 12,514 260,291 Treasury cash holdings* 447 0 + 50 447 Deposits, other than reserve balances> with F.R. Banks Treasury 4,571 + 169 + 71 5,029 Foreign 215 - 37 + 32 269 Service-related balances and adjustments3 1,833 - 48 - 16 1,637 Other 337 0 - 75 523 Other F.R. liabilities and capital 8,140 + 302 + 20 8,062 Total factors, other than reserve balances, absorbing reserve funds 274,656 + 2,815 + 12,596 276,258 Reserve balances with F.R. Banks4 35,409 + 541 - 1,890 46,500 On December 27, 1989, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 230,616 million, a change of - $ 1,653 million for the week. 1 Net of $ 6,350 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,350 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,634 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,634 million was with foreign official and international accounts. Includes $ 281 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,637 million and adjustments of $ 197 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 s irce ** WWeeddnneessddaayy Wednesday Wednesday Dec 27, 1989 Dec 20, 1989 Dec 28, 1988 ASSETS Gold certificate account 11,059 0 - 1 Special drawing rights certificate account 8,518 0 + 3,500 Coin 467 - 22 + 59 Loans 2,159 + 1,977 + 556 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 442 Held under repurchase agreements1 1,501 + 1,371 + 66 U.S. government securities Bought outright—Bills 100,000 - 428 - 12,782 Notes 91,381 0 + 531 Bonds 30,814 ____ 00 ••ff 884 Total bought outright2 222,195 442288 11,367 Held under repurchase agreements1 111111,,,777555666 + 10,134 ++ 8,050 Total U.S. government securities 222333333,,,999555111 ++ 99,,770077 3,317 Total loans and securities 222444444,,,111333666 ++ 1133,,005555 - 3,137 - - Items in process of collection (1,044) 8,150 366 2,986 Bank premises 789 - 1 + 43 Other assets3 3377,,113377 + 899 ++ 18,792 TOTAL ASSETS ((11,,004444)) 331100,,225566 + 13,565 ++ 16,270 LIABILITIES Federal Reserve notes 241,599 + 2,555 + 11,855 Deposits Depository institutions 48,136 + 10,359 + 7,003 U.S. Treasury—general account 5,029 - 326 - 793 Foreign—official accounts 269 + 42 + 53 Other 523 + 296 - 33 Total deposits 53,958 + 10,370 * 6,231 Deferred availability cash items (1,044) 6,637 + 220 - 1,808 Other liabilities and accrued dividends4 33,,119988 ++ 339900 - 289 TOTAL LIABILITIES ((11,,004444)) 330055,,339922 1133,,553344 + 15,989 CAPITAL ACCOUNTS Capital paid in 2,247 + 3 + 134 Surplus 2,112 0 + 65 Other capital accounts | 505 + 28 + 82 * 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 $ 6634 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes ; $ 281 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 $ 51 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 27, 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 2,157 0 WWiitthhiinn 1155 ddaayyss 1188,,113344 ++ 88,,551133 1,654 * 1,477 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 5522,,229977 ++ 111144 568 f 72 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,777766 ++ 22,,770000 1,346 40 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5533,,550099 00 3,198 8 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,552299 00 1,071 0 OOvveerr 1100 yyeeaarrss 2266,,770066 00 188 0 Total 2,159 0 TToottaall 223333,,995511 ++ 1111,,332277 8,026 + 1,501 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 27, 1989 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San 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 467 27 14 34 35 77 49 37 31 12 31 41 79 Loans 2,159 44 1,685 37 0 3 293 9 29 14 18 23 4 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 1,501 0 1,501 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 100,000 6,223 35,248 2,886 5,753 8,288 4,567 11,880 3,079 1,684 3,999 4,201 12,193 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 222,195 13,826 78,319 6,412 12,782 18,415 10,149 26,396 6,841 3,741 8,886 9,335 27,093 Held under repurchase agreements1 11,756 0 11,756 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 233,951 13,826 90,075 6,412 12,782 18,415 10,149 26,396 6,841 3,741 8,886 9,335 27,093 Total loans and securities 244,136 14,276 95,561 6,637 13,158 18,958 10,740 27,180 7,071 3,865 9,165 9,632 27,893 Items in process of collection 9,194 445 1,051 554 342 616 862 933 496 530 1,064 616 1,686 Bank premises 789 91 47 46 34 127 59 110 22 27 51 25 150 Other assets3 37,137 1,342 10,423 1,672 1,906 2,127 3,036 4,489 989 1,044 1,421 3,970 4,718 Interdistrict settlement account 0 +3,207 -2,015 +670 +1,339 +3,758 -3,821 +1,986 +15 -435 -1,814 -1,314 -1,576 TOTAL ASSETS 311,300 20,618 111,388 10,259 17,984 27,350 11,762 37,196 9,285 5,395 10,774 14,016 35,274 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 $ 6,634 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 281 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 $ 51 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 27, 1989 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 241,599 17,313 82,308 7,656 15,588 23,321 6,897 32,294 7,402 4,154 8,105 11,056 25,504 Deposits Depository institutions 48,136 2,575 19,866 1,939 1,626 2,972 3,577 3,279 1,286 535 1,329 1,911 7,241 U.S. Treasury—general account 5,029 0 5,029 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 269 5 160 7 8 9 14 19 4 5 6 11 21 Other 523 1 431 2 3 12 4 56 0 5 2 3 5 Total deposits 53,958 1 2,582 25,486 1,948 1,637 2,992 3,595 3,355 1,290 545 1,337 1,925 7,267 Deferred credit items 7,681 355 946 360 323 489 672 585 368 500 1,024 550 1,510 Other liabilities and accrued dividends1 3,198 177 1,287 88 167 237 143 355 89 54 117 125 359 TOTAL LIABILITIES 306,436 20,427 110,028 10,052 17,714 27,040 11,307 36,588 9,150 5,253 10,582 13,655 34,640 CAPITAL ACCOUNTS Capital paid in 2,247 83 612 100 124 139 219 281 62 67 88 171 302 Surplus 2,112 75 566 103 115 123 196 273 58 67 87 158 291 Other capital accounts 505 32 183 4_ 31 47 40 54 15 8_ 17 33 41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 311,300 20,618 111,388 10,259 17,984 27,350 11,762 37,196 9,285 5,395 10,774 14,016 35,274 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 280,128 19,879 86,508 9,603 17,903 26,661 10,789 35,513 9,032 5,031 10,383 14,572 34,255 Less—Held by F.R. Banks 38,529 2,566 4,200 1,947 2,315 3,340 3,892 3,219 1,630 877 2,278 3,516 8,751 F.R. notes, net 241,599 17,313 82,308 7,656 15,588 23,321 6,897 32,294 7,402 4,154 8,105 11,056 25,504 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 222,022 Total collateral 241,599 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