H.4.1 Factors Affecting Reserve Balances of Depository Institutions

r'bjcoC^, FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be ahnounced, when •f^U^ 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 January 18> 1990 Millions of dollars Averac res of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt rteeix enoeo> Change from week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 17, 1990 Jan 10, 1990 Jan 18, 1989 Jan 17, 1990 Reserve Bank credit1 2 269,322 - 4,887 + 6,510 271,289 U.S. government securities Bought outright—system account 222,410 - 1,735 - 11,398 221,748 Held under repurchase agreements 0 - 2,555 0 0 Federal agency obligations Bought outright 6,525 0 - 441 6,525 Held under repurchase agreements 0 - 285 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 158 + 61 • 158 81 Seasonal credit 39 0 - 26 40 Extended credit 22 + 4 - 1,313 26 Float 919 - 487 - 14 3,649 Other F.R. assets 39,249 + 109 + 20,024 39,222 Gold stock 11,059 0 + 2 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,640 + 10 • 811 19,640 Total factors supplying reserve funds 308,539 - 4,877 + 10,822 310,506 Currency in circulation* 257,350 - 1,785 + 13,698 256,749 Treasury cash holdings* 468 + 5 + 60 471 Deposits, other than reserve balances, with F.R. Banks Treasury 4,108 - 1,308 - 260 6,948 Foreign 248 • 2 • 1 273 Service-related balances and adjustments3 2,102 - 117 • 218 2,102 Other 227 • 63 - 103 257 Other F.R. liabilities and capital 8,949 + 76 • 1,102 8,692 Total factors, other than reserve balances, absorbing reserve funds 273,452 - 3,064 • 14,717 275,492 Reserve balances with F.R. Banks4 35,087 - 1,813 - 3,894 35,014 On January 17, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 228,568 million, a change of + $ 141 million for the week. 1 Net of $ 6,578 miliion, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,448 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,132 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,779 million was with foreign official and international accounts. Includes $ 2 million securities loaned--fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,627 million and adjustments of $ 475 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 Wechesday Jan 17, 1990 Jan 10, 1990 Jan 18, 1989 ASSETS Gold certificate account 11,059 0 + 3 Special drawing rights certificate account 8,518 0 • 3,500 Coin 478 + 24 + 53 - - Loans 146 11 1,168 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 441 Held under repurchase agreements1 0 - £92 0 U.S. government securities Bought outright—Bills 99,553 - 1,919 - 12,698 Notes 91,581 0 • 431 Bonds 30,814 0 • 884 Total bought outright2 221,748 - 1,919 - 11,383 Held under repurchase agreements1 0 - 3,394 0 Total U.S. government securities 221,748 - 5,313 - 11,383 Total loans and securities 228,418 - 5,916 - 12,993 Items in process of collection (1,450) 14,272 + 7,048 • 527 Bank premises 791 + 1 + 40 Other assets3 38,439 • 73 • 20,030 TOTAL ASSETS (1,450) 301,977 • 1,229 + 11,162 LIABILITIES Federal Reserve notes 238,059 - 1,552 • 12,876 Deposits Depository institutions 37,528 - 4,065 - 4,379 U.S. Treasury—general account 6,948 • 2,439 • 3,298 Foreign—official accounts 273 • 57 + 28 Other 225577 •• 111122 - 108 Total deposits 4455,,000077 11,,445566 - 1,160 Deferred availability cash items (1,450) 10,220 * 4.405 - 1,611 Other liabilities and accrued dividends4 33,,779955 - 148 ++ 788 TOTAL LIABILITIES ((11,,445500)) 229977,,007799 | • 1,248 10,891 CAPITAL ACCOUNTS Capital paid in 2,249 + 1 + 134 Surplus 2,243 0 • 130 Other capital accounts 1 405 - 20 ; • 6 * 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 $ 7,132 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 2 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 $ 38 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, JANUARY 17, 1990 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 Within 15 days 146 0 WWiitthhiinn 1155 ddaayyss 77,,449900 3,127 203 + 118 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 5533,,775500 • 242 540 119 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6677,,447777 2,147 1,311 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5533,,771177 559 3,231 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,660077 + 78 1,051 0 OOvveerr 1100 yyeeaarrss 2266,,770066 0 188 0 Total 146 0 TToottaall 222211,,774488 5,313 6,525 1 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 JANUARY 17, 1990 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. 6,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 478 25 15 32 40 83 47 39 31 13 34 41 78 Loans 146 3 5 26 25 0 13 2 14 2 17 27 12 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 99,553 6,195 35,090 2,873 5,727 8,251 4,547 11,826 3,065 1,676 3,981 4,183 12,139 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 221,748 13,799 78,162 6,399 12,757 18,378 10,128 26,343 6,827 3,733 8,868 9,316 27,039 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 221,748 13,799 78,162 6,399 12,757 18,378 10,128 26,343 6,827 3,733 8,868 9,316 27,039 Total loans and securities 228,418 14,208 80,466 6,613 13,157 18,918 10,439 27,120 7,042 3,845 9,145 9,618 27,846 Items in process of collection 15,722 836 1,876 861 740 1,058 1,818 1,634 640 814 1,625 1,222 2,600 Bank premises 791 91 47 46 34 127 59 110 23 28 52 25 150 Other assets3 38,439 1,419 10,330 1,755 2,010 2,244 3,202 4,726 1,038 1,103 1,500 4,120 4,991 Interdistrict settlement account 0 •2,075 +6,253 • 11 • 190 •2,934 -4,788 +822 -750 -401 -2,765 -2,043 -1,537 TOTAL ASSETS 303,427 19,884 105,294 9,965 17,340 27,052 11,614 36,911 8,685 5,753 10,447 14,029 36,452 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 $ 7,132 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 2 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 $ 38 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 JANUARY 17, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 238,059 16,830 82,919 7,309 15,064 22,873 6,435 31,777 7,171 3,991 7,721 10,744 25,225 Deposits Depository institutions 37,528 2,075 10,454 1,762 1,284 2,811 3,551 3,033 871 815 1,042 1,891 7,939 U.S. Treasury—general account 6,948 0 6,948 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts ! 273 5 163 7 8 9 14 19 4 5 6 11 21 Other 257 L 164 1 2 32 2 42 1 5 4 3 2 Total deposits 45,007 2,081 17,729 1,770 1,294 2,852 3,567 3,094 875 825 1,052 1,904 7,961 Deferred credit items 11,670 616 1,243 589 559 798 1,029 1,102 422 746 1,373 901 2,291 Other liabilities and accrued dividendsl 3,795 167 2,048 83 152 219 126 324 81 49 109 113 323 TOTAL LIABILITIES 298,530 19,694 103,939 9,752 17,070 26,741 11,157 36,298 8,549 5,611 10,256 13,662 35,801 CAPITAL ACCOUNTS -*s Capital paid in 2,249 83 608 100 124 139 219 282 62 67 89 174 302 Surplus 2,243 83 608 100 124 139 219 281 62 67 68 171 302 Other capital accounts 405 23 140 12 23 33 19 50 13 7_ 15 23 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 303,427 19,884 105,294 9,965 17,340 27,052 11,614 36,911 8,685 5,753 10,447 14,029 36,452 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 279,256 19,593 87,173 9,606 17,706 26,535 10,673 35,055 8,946 4,976 10,243 14,425 34,324 Less—Held by F.R. Banks 41,197 2,763 4,254 2,297 2,642 3,663 4,238 3,279 1,775 984 2,522 3,681 9,099 F.R. notes> net 238,059 16,830 82,919 7,309 15,064 22,873 6,435 31,777 7,171 3,991 7,721 10,744 25,225 Collateral held against F.R. notes Gold certificate account j 11,059 Special drawing rights j certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 218,481 Total collateral 238,059 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