H.4.1 Factors Affecting Reserve Balances of Depository Institutions

V9^§2£V/. FEDERAL RESERVE These &&ta are scheduled for release each Thursday. The exact time of each release will be announ 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 February 8, 1990 yillions of dollars Averac les o1 daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froiri week ended Wednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 7, 1990 Jan 31, 1990 F^b 8, 1989 Feb 7, 1990 Reserve Bank credit1 2 262,958 - 2,270 * 9,875 262,399 U.S. government securities Bought outright--system account 214,337 - 2,891 - 9,087 212,469 Held under repurchase aareements 0 0 0 0 Federal agency obligations Bought outright 6,525 0 - 294 6,525 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 815 •f 52 * 815 1,670 Seasonal credit 37 - 13 - 43 35 Extended credit 28 - 9 - 862 28 Float 1,047 • 400 - 522 1,504 Other F.R. assets 40,170 + 191 + 20,487 40,168 Sold stock 11,059 0 + 2 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,669 + 14 + 798 19,669 Total factors supplying reserve funds 302,204 - 2,256 _ 14,175 301,645 Currency in circulation* 253,650 • 418 + 13,594 254,248 Treasury cash holdings* 485 + 9 + 65 495 Deposits, other than reserve balances, with F.R. Banks Treasury 6,106 - 3,445 • 27 6,411 Foreign 190 - 64 - 36 203 Service-related balances and adjustments3 2,319 + 449 + 336 2,319 Other 326 - 300 • 2 242 Other F.R. liabilities and capital 8,867 - 144 • 1,348 8,621 Total factors> other than reserve balances> absorbing reserve funds 271,943 - 3,076 * 15,336 272,540 Reserve balances with F.R. Banks* 30,261 • 820 - 1,161 29,105 On February 7,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 229,647 million, a change of + $ 1.574 million for the week. 1 Net of $ 8,864 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,190 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 10,523 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4 676 million was with foreign official and international accounts. Includes $ 54 million securities loaned-fuily ? secured U.S. government securities. 3 Consists of required clearing balances of S 1,623 million and adjustments of $ 696 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 Miiiions of dollars Change since ** NNeeddnneessddaayy Nednesday Nednesday Feb 7, 1990 Jan 31, 1990 Feb 8, 1989 ASSETS Gold certificate account 11,059 0 • 1 Special drawing rights certificate account 8,518 0 • 3,500 Coin 544 • 20 • 45 Loans 1,733 + 1,000 ,» 2,806 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 C - 294 Held under repurchase agreements1 0 0) 0 U.S. government securities Bought outright—Bills 90,274 - 5,924 - 7,902 Notes 91,381 0 • 453 Bonds 3300,,881144 0 44 885 Total bought outright2 221122,,446699 - 5,924 6,564 Held under repurchase agreements1 0 0 0 Total U.S. government securities 221122,,446699 - 5,924 - 6,564 Total loans and securities 222200,,772266 - 4,925 - 9,665 Items in process of collection 1950) 7,272 • 1,424 •f 330 Bank premises 791 0 •f 37 Other assets3 39,429 - 214 • 20,100 TOTAL ASSETS <950) 288,340 - 3,693 • 14,349 LIABILITIES Federal Reserve notes 235,619 • 1,148 • 12,955 Deposi ts Depository institutions 31,529 • 2,065 - 40 U.S. Treasury—general account 6,411 - 6,742 • 825 Foreign—official accounts 203 - <>8 • 19 Other 224422 - 1315 - 69 Total deposits 3388,,338855 - 4,842 •f 735 Deferred availability cash items 1950) 5,715 • 262 - 465 Other liabilities and accrued dividends4 3,740 - 171 • 863 TOTAL LIABILITIES C950) 283,459 - 3,601 • 14,088 CAPITAL ACCOUNTS Capital paid in 2,255 • 6 • 132 Surplus 2,243 0 • 131 Other capital accounts 384 - 97 - 1 * 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 $ 10,523 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 54 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 $ 65 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, FEBRUARY 7, 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 Meekly Weekly Holdings Holdings changes changes Hithin 15 days 1,715 0 WWiitthhiinn 1155 ddaayyss 11,871 • 1,499 0 119 16 days to 90 days 18 0 1166 ddaayyss ttoo 9900 ddaayyss 42,435 4,798 723 • 55 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 65,398 2,624 1,317 • 64 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 53,452 0 3,238 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,607 0 1,057 0 OOvveerr 1100 yyeeaarrss 26,706 0 188 0 Total 1,733 0 TToottaall 212,469 5,924 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 FEBRUARY 7, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Dallas Minneapolis 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 544 35 16 35 46 93 57 47 36 15 36 45 83 Loans 1,733 723 922 19 0 0 11 0 6 14 6 28 4 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 C 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 90,274 5,617 31,820 2,605 5,193 7,482 4,123 10,724 2,779 1,520 3,610 3,793 11,007 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 212,469 13,221 74,891 6,131 12,223 17,609 9,704 25,240 6,542 3,577 8,497 8,926 25,907 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 212,469 13,221 74,891 6,131 12,223 17,609 9,704 25,240 6,542 3,577 8,497 8,926 25,907 Total loans and securities 220,726 14,350 78,113 6,339 12,598 18,149 10,013 26,015 6,748 3,701 8,764 9,228 26,707 Items in process of collection 8,222 461 976 444 281 579 880 695 311 367 822 887 1,518 Bank premises 791 91 48 46 34 127 58 110 23 28 52 26 149 Other assets3 39,429 1,530 10,743 1,617 2,102 2,444 3,432 4,742 1,041 1,065 1,483 4,222 5,010 Interdistrict settlement account 0 •1,104 +5,074 -382 +349 +3,522 -4,362 +2,700 -555 -402 -2,077 -1,837 -3,135 TOTAL ASSETS 289,290 18,800 101,275 8,746 16,578 26,602 10,916 36,770 8,266 5,126 9,937 13,617 32,657 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 $ 10,523 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 54 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 $ 65 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 FEBRUARY 7, 1990 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 235,619 16,387 82,318 6,942 14,624 23,395 6,161 32,532 6,890 3,819 7,634 10,455 24,463 Deposits Depository institutions 31,529 1,670 8,079 1,149 1,269 2,177 3,552 2,698 907 728 1,232 2,124 5,944 U.S. Treasury—general account 6,411 0 6,411 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 203 6 94 7 8 9 15 19 4 5 6 11 20 Other 242 1 100 2 1 43 2 73 0 5 3 9 1 Total deposits 38,385 1,677 14,683 1,158 1,278 2,230 3,569 2,789 911 738 1,241~ 2,144 5,966 Deferred credit items 6,665 393 798 359 267 464 612 542 250 382 768 550 1,277 Other liabilities and accrued dividends1 3,740 153 2,132 76 139 201 117 296 80 46 100 104 296 TOTAL LIABILITIES 284,409 18,610 99,930 8,535 16,309 26,291 10,458 36,160 8,131 4,985 9,743 13,254 32,002 CAPITAL ACCOUNTS Capital paid in 2,255 83 608 100 124 141 220 283 62 67 89 174 304 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 384 24 129 11 22 31 19 46 12 6^ 16 18 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 289,290 18,800 101,275 8,746 16,578 26,602 10,916 36,770 8,266 5,126 9,937 13,617 32,657 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 280,146 19,334 87,966 9,458 17,560 27,039 10,564 35,775 8,809 4,890 10,144 14,285 34,321 Less—Held by F.R. Banks 44,527 2,947 5,648 2,516 2,936 3,644 4,404 3,243 1,920 1,071 2,510 3,830 9,858 F.R* notes, net 235,619 16,387 82,318 6,942 14,624 23,395 6,161 32,532 6,890 3,819 7,634 10,455 24,463 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 216,042 Total collateral 235,619 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