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 ••ff^Rtsf. 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 22, 1990 Millions of dollars Averac les of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change frorri week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 21, 1990 Feb 14, 1990 Feb 22, 1989 Feb 21, 1990 Reserve Bank credit1 2 264,137 • 729 + 10,741 265,705 U.S. government securities Bought outright—system account 216,140 • 1,245 - 9,003 215,814 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,525 0 - 254 6,525 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1,600 + 604 + 1,176 2,488 Seasonal credit 59 + 18 - 51 59 Extended credit 229 + 194 - 970 1,332 Float 1,567 • 950 352 1,505 *• Other F.R. assets 38,017 - 2,281 • 19,491 37,981 Gold stock 11,059 0 - 2 11,059 Special drawing rights certificate account 8,518 0 • 3,500 8,518 Treasury currency outstanding 19,710 _ 14 • 811 19,710 Total factors supplying reserve funds 303,424 743 _ 15,050 304,991 Currency in circulation* 255,230 • 566 + 14,445 255",495 Treasury cash holdings* 495 0 + 63 495 Deposits, other than reserve balances, with F.R. Banks Treasury 4,783 - 1,663 - 292 5,310 Foreign 236 + 23 - 10 224 Service-related balances and adjustments3 1,963 - 12 - 195 1,963 Other 343 • 109 + 3 302 Other F.R. liabilities and capital 8,985 • 156 + 1,116 8,782 Total factors> other than reserve balances, absorbing reserve funds 272,035 - 821 + 15,130 272,572 Reserve balances with F.R. Banks4 31,389 • 1,564 - 80 32,419 On February 21, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 225.040 million, a change of - $ 2,546 million for the week. 1 Net of $ 6,852 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,189 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 7,177 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,477 million was with foreign official and international accounts. Includes $ 129 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,637 million and adjustments of $ 326 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 Feb 21, 1990 Feb 14, 1990 Feb 22, 1989 ASSETS Gold certificate account 11,059 0 - 2 Special drawing rights certificate account 8,518 0 • 3,500 Coin 568 • 7 + 56 Loans 3,879 + 2,852 + 1,872 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 93,620 + 502 - 10,407 Notes 91,239 - 142 • 636 Bonds 30,955 + 142 + 926 Total bought outright2 215,814 • 502 - 8,845 Held under repurchase agreements1 0 0 0 Total U.S. government securities 215,814 + 502 - 8,845 Total loans and securities 226,218 • 3,354 - 7,227 - Items in process of collection (1,289) 9,937 • 4,161 1,219 Bank premises 792 0 • 37 Other assets3 37,385 (1,289) 294,478 .!• 37,385 2,147 • 19,345 TOTAL ASSETS (1,289) 294,478 5,376 .!• 2,147 5,376 • 14,491 LIABILITIES Federal Reserve notes 236,849 • 513 + 13,809 Deposits Depository institutions 34,215 • 1,213 • 852 U.S. Treasury—general account 5,310 - 34<f - 986 Foreign—official accounts 224 + 43 - 83 Other 302 • 84 - 22 Total deposits 40,051 • 997 - 1239 Deferred availability cash items (1,289) 8,795 + 3,557 - 158 Other liabilities and accrued dividends4 3,852 + 253 • 797 TOTAL LIABILITIES (1,289) 289,548 • 5,325 + 14,210 CAPITAL ACCOUNTS Capital paid in 2,274 • 14 + 130 Surplus 2,243 0 • 131 Other capital accounts 413 + 38 • 20 * 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 $ 7,177 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 129 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 $ 67 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 21, 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 3,878 0 WWiitthhiinn 1155 ddaayyss 77,,662244 7,553 280 0 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 4477,,110088 + 734 498 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6655,,665555 • 4,659 1,317 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5566,,556688 + 3,117 3,183 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,660077 1 1,057 0 OOvveerr 1100 yyeeaarrss 2266,,225522 455 188 0 Total 3,879 0 TToottaall 221155,,881144 + 502 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 21, 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 568 39 16 36 48 93 57 49 38 17 39 46 90 Loans 3,879 1,284 2,467 11 0 0 20 1 8 19 14 44 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 93,620 5,826 32,999 2,702 5,386 7,759 4,276 11,122 2,882 1,576 3,744 3,933 11,415 Notes 91,239 5,678 32,160 2,633 5,249 7,562 4,167 10,839 2,809 1,536 3,649 3,833 11,125 Bonds 30,955 1,926 10,911 893 1,781 2,565 1,414 3,677 995533 521 1,238 1,301 3,774 Total bought outright2 215,814 13,429 76,070 6,228 12,415 17,886 9,857 25,638 66,,664455"" 3,633 8,631 9,067 26,315 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 215,814 13,429 76,070 6,228 12,415 17,886 9,857 25,638 6,645 3,633 8,631 9,067 26,315 Total loans and securities 226,218 15,119 80,837 6,427 12,791 18,427 10,176 26,414 6,853 3,762 8,905 9,385 27,122 Items in process of collection 11,226 529 1,336 617 558 711 1,162 965 462 666 1,329 823 2,067 Bank premises 792 91 48 46 34 127 59 110 23 28 52 26 149 Other assets3 37,385 1,422 10,078 1,540 1,992 2,290 3,295 4,522 976 1,024 1,402 4,111 4,735 Interdistrict settlement account 0 • 718 +3,605 -64 • 113 •4,003 -4,282 •3,361 -608 --771144 --11,,885566 --11,,882255 -2,452 TOTAL ASSETS 295,767 19,149 102,227 9,247 16,705 27,338 11,305 37,882 8,405 55,,113333 1100,,772277 1133,,661122 34,036 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 $ 7,177 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 129 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 $ 67 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 21, 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 236,849 16,354 82,967 7,008 14,573 23,360 5,845 33,100 6,877 3,820 7,873 10,446 24,626 Deposits Depository institutions 34,215 1,921 8,984 1,427 1,244 2,719 3,856 2,892 935 506 1,323 1,914 6,493 U.S. Treasury—general account 5,310 0 5,310 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 224 6 114 7 8 9 15 19 4 5 6 11 20 Other 302 1 165 1 2 37 2 71 0 5 6 9 1 Total deposits 40,051 1,928 14,573 1,435 1,254 2,766 3,873" 2,982 940 516 1,335 1,934 6,515 Deferred credit items 10,084 515 1,192 512 461 683 1,002 871 373 606 1,220 735 1,916 Other liabilities c.nd accrued dividends1 3,852 162 2,142 79 148 216 125 315 80 49 106 110 319 TOTAL LIABILITIES 290,836 18,959 100,874 9,035 16,435 27,024 10,845 37,267 8,269 4,992 10,533 13,225 33,377 CAPITAL ACCOUNTS Capital paid in 2,274 85 608 100 124 142 221 284 62 67 89 183 308 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 413 21^ 137 12^ 22^ 32 21 50 13^ 7_ 17 33^ 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 295,767 19,149 102,227 9,247 16,705 27,338 11,305 37,882 8,405 5,133 10,727 13,612 34,036 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 280,516 19,232 88,272 9,452 17,491 27,086 10,197 35,993 8,781 4,857 10,387 14,410 34,358 Less—Held by F.R. Banks 43,667 2,878 5,305 2,444 2,918 3,726 4,353 2,893 1,904 1,037 2,514 3,965 9,731 F.R. notes, net 236,849 16,354 82,967 7,008 14,573 23,360 5,845 33,100 6,877 3,820 7,873 10,446 24,626 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 217,272 Total collateral 236,849 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