H.4.1 Factors Affecting Reserve Balances of Depository Institutions

'pyco^ FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when .f^rSTf. 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 March 1, 1990 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change frotri week ended Necbiesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Feb 28, 1990 Feb 21, 1990 Mar 1, 1989 Feb 28, 1990 Reserve Bank credit1 2 265,458 + 1,277 + 9,316 265,805 U.S. government securities Bought outright—system account 217,811 + 1,671 9,872 219,132 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 75 - 1,525 119 57 Seasonal credit 61 + 2 53 59 Extended credit 1,738 + 1,509 + 539 1,662 Float 901 - 720 327 266 Other F.R. assets 38,347 + 341 + 19,402 38,103 Gold stock 11,059 0 2 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,724 + 14 + 812 19,724 Total factors supplying reserve funds 304,759 1 j~~ 1,291 + 13,626 305,106 Currency in circulation* 254,967 - 263 + 14,313 255,186 Treasury cash holdings* 498 + 3 + 66 504 Deposits, other than reserve balances? with F.R. Banks Treasury 6,133 + 1,351 70 6,613 Foreign 218 - 18 116 309 Service-related balances and adjustments3 1,906 - 118 + 43 1,906 Other 398 + 55 19 409 Other F.R. liabilities and capital 8,973 - 12 + 1,034 8,449 Total factors, other than reserve balances. absorbing reserve funds 273,093 + 997 * 15,251 273,376 Reserve balances with F.R. Banks4 31,666 + 294 1,625 31,729 On February 28, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 224.351 million, a change of - $ 689 million for the week. 1 Net of $ 5,197 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,197 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,968 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,968 million was with foreign official and international accounts, includes $ 351 million securities loaned--fuiiy secured U.S. government securities. 3 Consists of required clearing balances of $ 1,698 million and adjustments of $ 208 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 28, 1990 Feb 21, 1990 Mar 1, 1989 ASSETS Gold certificate account 11,059 0 - 1 Special drawing rights certificate account 8,518 0 + 3,500 Coin 568 0 + 53 - Loans 1,779 2,100 + 202 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 96,937 + 3,318 - 10,073 Notes 91,239 0 + 636 Bonds 30,955 0 + 926 Total bought outright2 219,132 + 3,318 - 8,510 Held under repurchase agreements1 0 0 0 Total U.S. government securities 221199,,113322 + 3,318 8,510 Total loans and securities 222277,,443355 + 1,217 -- 8,563 Items in process of collection (837) 5,936 ~ 4,002 - 2,253 Bank premises 791 - 1 + 35 Other assets3 3377,,336611 - 24 ++ 18,358 TOTAL ASSETS ((883377)) 229911,,666699 - 2,809 ++ 11,130 LIABILITIES Federal Reserve notes 236,534 - 515 + 13,634 Deposits Depository institutions 33,811 - 405 - 3,164 U.S. Treasury—general account 6,613 + 1,303 • 1,097 Foreign—official accounts 309 + 85 + 39 Other 409 + 107 - 31 Total deposits 41,142 + 1,091 - 2,059 Deferred availability cash items (837) 5,543 - 3,252 - 1,104 Other liabilities and accrued dividends* 3,853 + 1 + 841 TOTAL LIABILITIES (837) 287,073 - 2,475 + 11,313 CAPITAL ACCOUNTS Capital paid in 2,275 + 1 + 131 Surplus 2,219 i 24 + 107 Other capital accounts 103 - 310 - 420 * 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 $ 1,267 million was outstanding at the end of the latest statement week. 2 Net of $ 3,968 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 351 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 $ 74 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 28, 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 rntnen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 1,767 0 WWiitthhiinn 1155 ddaayyss 1100,,665566 + 3,032 255 25 16 days to 90 days 11 0 1166 ddaayyss ttoo 9900 ddaayyss 4466,,447799 629 558 + 60 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6666,,665577 + 1,002 1,342 + 25 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5566,,448811 88 3,123 60 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,660077 0 1,057 0 OOvveerr 1100 yyeeaarrss 2266,,225522 0 188 0 Total 1,779 0 TToottaall 221199,,113322 + 3,318 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 28, 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 40 14 38 48 94 55 49 38 17 38 45 92 Loans 1,779 1,618 3 10 0 35 18 6 8 21 15 41 5 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 96,937 6,032 34,168 2,797 5,577 8,034 4,428 11,516 2,985 1,632 3,877 4,073 11,820 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 3,677 953 521 1,238 1,301 3,774 Total bought outright2 219,132 13,636 77,240 6,323 12,606 18,161 10,009 26,032 6,747 3,689 8,763 9,206 26,720 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 219,132 13,636 77,240 6,323 12,606 18,161 10,009 26,032 6,747 3,689 8,763 9,206 26,720 Total loans and securities 227,435 15,660 79,542 6,522 12,982 18,737 10,325 26,813 6,955 3,820 9,039 9,521 27,520 Items in process of collection 6,773 338 740 342 246 448 551 560 238 364 793 642 1,511 Bank premises 791 91 49 46 34 126 59 110 23 28 52 25 149 Other assets3 37,361 1,413 10,043 1,545 1,972 2,302 3,339 4,559 970 1,014 1,393 4,098 4,713 Interdistrict settlement account 0 -411 +4,356 +96 -250 +3,746 -4,271 +3,144 -632 -558 -2,129 -1,688 -1,403 TOTAL ASSETS 292,506 18,362 101,050 9,237 16,201 27,142 10,895 37,694 8,253 5,036 10,041 13,689 34,906 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 $ 1,267 million was outstanding at the end of the latest statement week. 2 Net of $ 3,968 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 351 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 $ 74 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 23, 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 236,534 16,001 82,488 6,940 14,378 23,296 6,213 33,091 6,921 3,762 7,866 10,645 24,932 Deposits Depository institutions 33,811 1,687 7,375 1,721 1,170 2,880 3,474 3,111 940 715 1,106 1,935 7,697 U.S. Treasury—general account 6,613 0 6,613 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 309 6 200 7 8 9 15 19 4 5 6 11 20 Other 410 1 265 5 2 35 3 78 1 6 6 5 4 Total deposits 41,143 1,694 14,452 1,733 1,180 2,924 3,492 3,208 944 725 1,118 1,951 7,721 Deferred credit items 6,380 322 707 289 246 415 643 508 182 371 757 625 1,317 Other liabilities and accrued dividends1 3,853 163 2,148 81 148 213 123 315 80 48 107 109 319 TOTAL LIABILITIES 287,910 18,180 99,795 9,043 15,952 26,849 10,470 37,121 8,128 4,905 9,848 13,330 34,289 CAPITAL ACCOUNTS Capital paid in 2,275 85 608 100 124 142 221 284 62 67 89 184 308 Surplus 2,219 83 608 94 124 139 204 281 62 64 88 171 302 Other capital accounts 103 14 39 0 1 11 0 8 2 0 16 5 7 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 292,506 18,362 101,050 9,237 16,201 27,142 10,895 37,694 8,253 5,036 10,041 13,689 34,906 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 280,388 19,017 87,739 9,384 17,273 26,976 10,643 35,832 8,795 4,800 10,368 14,564 34,996 Less—Held by F.R. Banks 43,854 3,016 5,251 2,444 2,895 3,679 4,431 2,741 1,874 1,038 2,502 3,919 10,064 F.R. notes> net 236,534 1166,,000011 8822,,448888 66,,994400 1144,,337788 2233,,229966 66,,221133 3333,,009911 66,,992211 33,,776622 77,,886666 1100,,664455 24,932 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 216,957 Total collateral 236,534 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