H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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 January 25, 1990 Millions of dollars Averac les of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Keek ended Change from week ended Necbesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 24, 1990 Jan 17, 1990 Jan 25, 1989 Jan 24, 1990 Reserve Bank credit1 z 268,022 - 1,291 * 6,989 269,550 U.S. government securities Bought outright—system account 220,558 - 1,852 - 12,431 221,961 Held under repurchase agreements 0 0 - 431 0 Federal agency obligations Bought outright 6,525 0 - 378 6,525 Held under repurchase agreements 0 0 - 181 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 305 • 147 • 305 565 Seasonal credit 42 • 2 - 15 42 Extended credit 32 • 9 - 689 33 Float 1,056 • 146 • 888 768 Other F.R. assets 39,505 • 256 • 20,219 39,656 Gold stock 11,059 0 • 3 11,059 Special drawing rights certificate account 8,518 0 • 3,500 8,518 Treasury currency outstanding 19,645 • 10 • 802 19,645 Total factors supplying reserve funds 307,244 - 1,281 + 11,294 308,771 Currency in circulation* 255,231 « 2,114 * 13,756 254,251 Treasury cash holdings* 472 • 4 • 63 475 Deposits, other than reserve balances, with F.R. Banks Treasury 5,930 • 1,822 - 3,430 6,044 Foreign 217 - 31 - 64 188 Service-related balances and adjustments3 2,125 • 31 • 175 2,125 Other 209 - 18 - 172 206 Other F.R. liabilities and capital 9,021 • 72 • 996 8,824 Total factors, other than reserve balances, absorbing reserve funds 273,204 - 234 • 11,323 272,114 Reserve balances with F.R. Banks4 34,039 - 1,047 - 29 36,658 On January 24,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 228,642 million, a change of + $ 74 million for the week. 1 Net of $ 7,527 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,237 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,875 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,700 million was with foreign official and international accounts. Includes $ 30 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,622 million and adjustments of $ 503 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 Jan 24, 1990 Jan 17, 1990 Jan 25, 1989 ASSETS Gold certificate account 11,059 0 • 3 Special drawing rights certificate account 8,518 0 • 3,500 Coin 505 • 27 • 48 Loans 640 • 494 « 1,378 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 294 Held under repurchase agreements1 0 0 - 1,268 U.S. government securities Bought outright—Bills 99,766 • 213 - 12,328 Notes 91,381 0 • 431 Bonds 30,814 0 • 884 Total bought outright2 221,961 • 213 - 11,013 Held under repurchase agreements1 0 0 - 3,014 Total U.S. government securities 221,961 • 213 - 14,027 Total loans and securities 229,125 • 707 - 16,968 Items in process of collection (1,101) 5,892 - 8,380 _ 713 Bank premises 791 0 • 39 Other assets3 38,854 • 415 • 19,970 TOTAL ASSETS (1,101) 294,746 - 7,231 • 5,881 LIABILITIES Federal Reserve notes 235,588 - 2,471 + 13,149 Deposits Depository institutions 38,540 • 1,011 • 833 U.S. Treasury—general account 6,044 - 904 - 7,725 Foreign—official accounts 188 - 85 - 16 Other 206 - 51 - 543 Total deposits 44,978 - 29 - 7,451 Deferred availability cash items (1,101) 5,357 - 4,863 - 679 Other liabilities and accrued dividends4 3,915 + 120 • 566 TOTAL LIABILITIES (1,101) 289,837 - 7,242 • 5,584 CAPITAL ACCOUNTS Capital paid in 2,250 4 1 • 133 Surplus 2,243 0 • 130 Other capital accounts 416 • 11 + 34 * 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 $ 5,875 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 60 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 24, 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 chancres changes Hi thin 15 days 640 0 WWiitthhiinn 1155 ddaayyss 5,076 2,414 156 47 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 54,451 • 702 570 • SO Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 69,402 • 1,926 1,281 50 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 52,717 0 5,277 + 47 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,60? 0 1,051 0 OOvveerr 1100 yyeeaarrss 26,706 0 188 0 Total 640 0 TToottaall 221,961 * 212 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 JANUARY 24, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificat® account 11,059 699 3,410 400 661 943 508 1,361 370 198 494 613 1,402 Special drawing rights cert if. acei* 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 505 29 15 33 43 88 49 44 33 14 35 42 81 Loans 640 478 4 18 27 2 37 4 17 2 8 33 8 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 99,766 6,208 35,166 2,879 5,739 8,268 4,557 11,852 3,072 1,680 3,990 4,191 12,165 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 221,961 13,812 78,237 6,405 12,769 18,395 10,138 26,368 6,834 3,737 8,876 9,325 27,065 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt* securities 221,961 IJBJJIJL 78,237 6,405 12,769 18,395 10,138 26,368 6,834 3,737 8,876 9,325 27,065 Total loans and securities 229,125 " 14,696"" 80,540 6,612 13,171 18,938 10,473 27,148 7,052 3,849 9,146 9,633 27,868 Items in process of collection 6,994 376 949 325 208 452 679 517 395 372 774 667 1,280 Bank premises 791 91 47 46 34 127 59 110 23 28 52 25 149 Other assets3 38,854 1,439 10,464 1,745 2,033 2,272 3,245 4,798 1,052 1,114 1,518 4,151 5,022 Interdistrict settlement account 0 •1,284 •5,882 +817 • 292 •3,299 -4,062 •1,549 -549 -761 -2,496 -1,910 -3,345 TOTAL ASSETS 295,847 19,145 104,204 10,224 16,949 26,864 11,281 36,627 8,667 4,967 9,885 13,654 33,380 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and Internationa! accounts, of which $ 0 million was outstanding sit the end of the latest statement week. 2 Net of $ 8,875 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 60 million in Treasury bills maturing within 90 days. Components may not add to totals du® 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 24,1990 Millions of dollars Kansas San I Total Boston hew York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 255,588 16,656 82,957 7,094 14,754 25,054 5,945 51,688 6,984 5,829 7,615 10,529 24,526 Deposits Depository institutions 58,540 1,782 10,807 2,595 1,550 2,852 4,115 5,426 1,116 554 1,256 2,080 6,655 U.S. Treasury—general account 6,044 0 6,044 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 188 5 79 7 8 9 14 19 4 5 6 11 21 Other 206 1 95 1 2 51 5 65 1 5 5 5 1 Total deposits 44,978 1,788 17,022 2,401 1,540 2,892 4,129 5,508 1,120 565 1,245 2,094 6,675 Deferred credit items 6,458 540 777 429 228 401 618 485 542 581 720 545 1,191 Other liabilities and accrued dividendsx 5,915 172 2,114 85 157 226 150 555 84 51 112 116 555 TOTAL LIABILITIES 290,958 18,955 102,850 10,010 16,679 26,555 10,821 56,014 8,551 4,826 9,691 15,285 52,725 CAPITAL ACCOUNTS Capital paid in 2,250 85 608 100 124 159 219 285 62 67 89 174 502 Surplus 2,245 85 608 100 124 159 219 281 62 67 88 171 502 Other capital accounts 416 25 159 15 25 55 22 49 15 7 16 26 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 295,847 19,145 104,204 10,224 16,949 26,864 11,281 56,627 8,667 4,967 9,885 15,654 55,580 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 279,680 19,509 88,018 9,567 17,659 26,828 10,425 55,200 8,907 4,959 10,195 14,529 54,085 Less—Held by F.R. Banks 44,092 2,855 5,081 2,475 2,905 5,795 4,482 5,515 1,924 1,150 2,578 5,800 9,559 F.R. notes, net 255,588 1166,,665566 8822,,995577 77,,009944 1144,,775544 2255,,005544 55,,9944** 5511,,668888 66,,998844 55,,882299 77,,661155 1100,,552299 24,526 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 216,010 Total collateral 255,588 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