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 February 15, 1990 Millions of dollars Averac ies of 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 14, 1990 FeET^7 , 1990 Feb 15, 1989 Feb 14, 1990 Reserve Bank credit1 2 263,406 + 441 + 8,726 263,771 U.S. government securities Bought outright—system account 214,895 + 559 - 10,472 215,312 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,525 0 - 260 6,525 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 996 * 181 + 886 947 Seasonal credit 40 •f 4 - 47 37 Extended credit 56 + 7 - 987 42 Float 617 - 436 - 538 472 Other F.R. assets 40,298 * 126 + 20,145 40,436 Gold stock 11,059 0 - 2 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,683 + 14 • 798 19,683 Total factors supplying reserve funds 302,666 "~~ + 454 _ 13,022 303,031 Currency in circulation* 254,651 + 1,001 + 13,995 254,957 Treasury cash holdings* 495 + 10 + 66 495 Deposits, other than reserve balances, with F.R. Banks Treasury 6,446 341 + 1,445 5,654 *• Foreign 213 + 22 -. 43 180 Service-related balances and adjustments3 1,973 - 358 + 127 1,973 Other 234 - 92 - 85 218 Other F.R. liabilities and capital 8,829 - 38 + 1,119 8,478 Total factors, other than reserve balances, absorbing reserve funds 272,841 + 886 •¥ 16,623 271,956 Reserve balances with F.R. Banks4 29,825 - 432 - 3,600 31,075 On February 14, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 227,586 million, a change of - $ 2,061 million for the week. 1 Net of $ 8,096 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,878 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of S 7,679 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,685 miiMon was with foreign official and international accounts. Includes $ 52 million securities ioaned-fulfy secured U.S. government securities. 3 Consists of required clearing balances of $ 1,636 million and adjustments of $ 338 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. The figures shown in column 3 of this release for the change in adjustment credit from the corresponding week of 1989 were incorrect in the releases dated January 4, 1990 through February 8, 1990, because incorrect data were used for the year-ago levels. (The error involved only the year-ago data for adjustment credit; this year's data and the other changes in column 3 were reported correctly.) The correct values for the change in adjustment credit from the week ended one year earlier are as follows: January 3, -821; January 10, -149; January 17, -321; January 24, -91; January 31, +578; and February 7, +197. 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 Feb 14, 1990 Feb 7, 1990 Feb 15, 1989 ASSETS Gold certificate account 11,059 0 _ 2 Special drawing rights certificate account 8,518 0 * 3,500 Coin 561 + 17 + 49 Loans 1,027 „ 706 _ 382 Acceptances 0 0 0 Federal agency obligations Bought outright 6,525 0 - 254 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 93,118 + 2 >844 - 12,524 3 Notes 91,381 0 + 778 Bonds 30,814 0 + 785 Total bought outright2 215,312 + 2*844 - 10,962 Held under repurchase agreements1 0 0 0 Total U.S. government securities 215,312 + 2,844 - 10,962 Total loans and securities 222,864 + 2,138 - 11,598 Items in process of collection (839) 5,776 - 1,496 _ 1,423 Bank premises 792 + 1 + 36 Other assets3 39,532 • 102 + 21,492 TOTAL ASSETS (839) 289,102 + 761 + 12,054 LIABILITIES Federal Reserve notes 236,331 + 712 + 13,436 Deposits Depository institutions 33,003 + 1,473 - 2,133 U.S. Treasury—general account 5,654 - 757 + 829 Foreign—official accounts 180 - 23 - 128 Other 221188 - 24 - 178 Total deposits 3399,,005555 + 670 - 1,610 Deferred availability cash items (839) 5,238 - 477 - 798 Other liabilities and accrued dividends4 3,599 - 141 + 783 TOTAL LIABILITIES (839) 284,223 4 764 + 11,811 CAPITAL ACCOUNTS Capital paid in 2,260 + 6 + 131 Surplus 2,243 0 + 131 Other capital accounts 376 - 8 - 19 * 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 $ 7,679 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 52 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 $ 40 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 14, 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. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 1,025 0 WWiitthhiinn 1155 ddaayyss 1155,,117788 + 3,307 280 + 280 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 4466,,337744 + 3,939 498 225 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6600,,999955 4,^02 1,317 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5533,,445522 0 3,183 55 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,660077 0 1,057 0 OOvveerr 1100 yyeeaarrss 2266,,770066 0 188 0 Total 1,027 0 TToottaall 221155,,331122 + 2,844 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 14, 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. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 561 38 16 36 49 93 58 49 39 16 37 46 84 Loans 1,027 931 8 13 0 0 4 0 8 16 9 37 2 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 95,118 5,794 32,822 2,687 5,357 7,717 4,253 11,062 2,867 1,568 3,724 3,912 11,354 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 215,312 13,398 75,893 6,213 12,387 17,844 9,834 25,578 6,629 3,625 8,611 9,046 26,254 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 215,312 13,398" 75,893 6,213 12,387 17,844 9,834 25,578 6,629 3,625 8,611 9,046 26,254 Total loans and securities 222,864 14,735 78,201 6,415 12,762 18,385 10,136 26,353 6,838 3,751 8,880 9,357 27,051 Items in process of collection 6,615 381 854 374 220 436 643 540 203 358 754 540 1,311 Bank premises 792 91 48 46 34 127 59 110 23 28 52 26 149 Other assets3 39,532 1,542 10,784 1,616 2,104 2,456 3,432 4,758 1,039 1,065 1,488 4,232 5,016 Interdistrict settlement account 0 +611 +2,947 +337 +325 +3,931 -4,226 +3,353 -600 -385 -2,234 -1,850 -2,209 TOTAL ASSETS 289,940 18,627 99,156 9,470 16,662 27,117 10,941 37,624 8,202 5,185 9,833" 13,397 33,727 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 $ 7,679 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 52 million securities ioaned-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 $ 40 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 14, 1990 Millions of dollars i 1 Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 236,331 16,333 82,675 6,923 14,630 23,345 6,030 32,989 6,882 3,813 7,743 10,441 24,529 Deposits Depository institutions 33,003 1,618 6,555 1,889 1,401 2,821 3,735 3,187 929 822 1,086 1,954 7,005 U.S. Treasury—general account 5,654 0 5,654 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 180 6 71 7 8 9 15 19 4 5 6 11 20 Other 218 5 101 2 2 41 2 46 0 5 4 9 1 Total deposits 39,055" 1,629 12,381 1,897 1,411 2,871 3,752 3,252 934 832 1,096 1,975 7,026 Deferred credit items 6,077 327 756 364 214 389 586 482 177 354 704 499 1,226 Other liabilities and accrued dividends1 3,599 153 1,997 76 139 199 118 294 75 45 99 104 299 TOTAL LIABILITIES 285,062 18,441 97,809 9,260 16,394 26,805 10,485 37,016 8,067 5,044 9,642 13,018 33,079 CAPITAL ACCOUNTS Capital paid in 2,260 79 608 100 124 141 220 283 62 67 89 183 304 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 376 23 131 10 21^ 31 17 44 11 6 14 25^ 42 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 289,940 18,627 99,156 9,470 16,662 27,117 10,941 37,624 8,202 5,185 9,833 13,397 33,727 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 280,461 19,279 88,114 9,412 17,505 27,083 10,357 36,114 8,813 4,872 10,283 14,345 34,283 Less—Held by F.R. Banks 44,130 2,946 5,439 2,489 2,876 3,737 4,327 3,126 1,932 1,059 2,541 3,905 9,754 F.R. notes, net 236,331 16,333 82,675 6,923 14,630 23,345 6,030 32,989 6,882 3,813 7,743 10,441 24,529 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 216,754 Total collateral 236,331 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