H.4.1 Factors Affecting Reserve Balances of Depository Institutions

[o^oov, FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when rf^tS^y 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 8, 1990 Millions of dollars Averac es of daily fi gures Reserve balances of depository institutions at Week ended Change from week ended Nednesday F.R. Banks, Reserve Bank credit* und related items Mar 7, 1990 Feb 28, 1990 Mar 8, 1989 Mar 7, 1990 Reserve Bank credit1 2 268,681 • 3,222 • 10,685 272,359 U.S. government securities Bought ouirighi-—system account 220,466 • 2,655 - 8,213 219,271 Held under repurchase agreements 615 * 615 + 615 4,303 Federal agency obligations Bought outright 6,524 0 - 255 6,524 Held under repurchase agreements 64 • 64 + 64 448 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 56 - 19 621 174 "*t Seasonal credit 59 - 2 - 57 63 Extended credit 1,944 • 206 • 644 1,550 Float 471 - 433 - 999 1,230 Other F.R. assets 38,482 + 135 + 19,508 38,796 Gold stock 11,059 0 - 2 11,059 Special drawing rights certificate account 8,518 0 + 3,500 8,518 Treasury currency outstanding 19,738 14 • 816 19,738 Total factors supplying reserve funds 307,996 3,236 + 14,999 311,674 Currency in circulation* 255,617 • 651 • 14,391 256,288 Treasury cash holdings* 513 + 15 + 71 517 Deposits, other than reserve balances> with F.R. Banks Treasury 6,193 4- 60 + 1,018 5,745 Foreign 211 - 7 - 6 220 Service-related balances and adjustments3 2,508 • 603 • 622 2,508 Other 323 - 74 - 57 288 Other F.R. liabilities and capital 8,760 ~ 213 • 756 8,886 Total factors? other than reserve balances, absorbing reserve funds 274,127 • 1,034 • 16,796 274,453 Reserve balances with F=R. Banks4 33,870 • 2,202 - 1,795 37,221 On March 7,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 223,812 million, a change of - $ 539 million for the week. 1 Net of $ 3,020 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,020 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,517 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,517 mtlftcm was with foreign official and international accounts. Includes $ 86 million securities loaned-fully secured U.S. government securities. * 3 Consists of required clearing balances of $ 1,698 mil-ion and adjustments of $ 810 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 ** NNeeddnneessddaayy Hednesday Nednesday Mar 7, 1990 Feb 28, 1990 Mar 8, 1989 ASSETS Gold certificate account 11,059 0 - 2 Special drawing rights certificate account 6,518 0 • 3,500 Coin 572 4 4 • 61 - Loans 1,787 • 9 3,640 Acceptances 0 0 0 Federal agency obligations Bought outright 6,524 0 - 255 Held under repurchase agreements1 448 • 44« • 448 U.S. government securities Bought outright—Bills 96,876 - 61 - 9,759 Notes 91,439 • 200 • 836 Bonds 5500,,995555 0 ++ 926 Total bought outright2 221199,,227711 • 139 7,996 Held under repurchase agreements1 4,303 • 4,303 •f 4,303 Total U.S. government securities 223,574 + 4,442 - 3,693 Total loans and securities 232,333 • 4,898 - 7,140 Items in process of collection (1,051) 7,464 • 1,528 -. 371 Bank premises 792 0 • 37 Other assets3 37,938 + 576 + 19,386 TOTAL ASSETS (1,051) 298,676 • 7,007 + 15,471 LIABILITIES Federal Reserve notes 237,640 • 1,105 * 13,737 Deposits Depository institutions 39,886 • 6,075 * 851 U.S. Treasury—general account 5,745 - 868 4 174 Foreign—official accounts 220 - 89 + 8 Other 288 - 121 - 91 Total deposits 46,139 • 4,997 • 942 Deferred availability cash items (1,051) 6,011 «#• 467 - 342 Other liabilities and accrued dividends4 3,987 • 134 • 987 TOTAL LIABILITIES (1,051) 293,776 • 6,703 • 15,323 CAPITAL ACCOUNTS Capital paid in 2,280 • 5 • 133 Surplus 2,243 • 24 • 131 Other capital accounts 377 • 274 - 116 * 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 whfch $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 4,517 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 86 million securities loaned-fuily 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 $ 81 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, MARCH 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 He*kly Meekly Holdings Holdings changes changes Within 15 days 1,744 0 WWiitthhiinn 1155 ddaayyss 14,291 • 3,635 448 • 192 16 days to 90 days 43 0 1166 ddaayyss ttoo 9900 ddaayyss 47,805 • 1,325 824 • 266 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 66,039 618 1,374 • 32 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 56,581 + 100 3,080 43 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,607 0 1,057 0 OOvveerr 1100 yyeeaarrss 26,252 0 188 0 Total 1,787 0 TToottaall 223,574 • 4,442 6,972 • 447 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 MARCH 7, 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 572 40 15 39 48 94 52 51 37 18 38 46 93 Loans 1,787 1,512 3 3 0 0 11 135 11 31 12 37 51 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,524 406 2,300 188 375 541 298 775 201 110 261 274 796 Held under repurchase agreements1 448 0 448 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Oills 96,876 6,028 34,147 2,796 5,573 8,029 4,425 11,508 2,983 1,631 3,874 4,070 11,812 Notes 91,439 5,690 32,231 2,639 5,260 7,578 4,176 10,863 2*815 1,539 3,657 3,842 11,150 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 219,271 13,644 77*289 6,327 12,614 18,172 10,015 26,048" 6,751 3,692 8,769 9,212 26,737 Held und&r repurchase agreements3 4,303 0 4,303 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 223,574 13,644 81,592 6,327 12,614 18,172" 10,015 26,048™ 6,751 3,692 8,769 9,212 26,737 Total loans and securities 232,333 15,563 84,343 6,519 12,990 18,713 10,324 26,959 6,963 3,833 9,042 9,523 27,563 Items in process of collection 8,515 347 740 414 381 607 915 743 246 461 1,229 649 1,782 Bank premises 792 91 49 46 34 127 59 110 23 28 52 25 149 Other assets3 37,938 1,441 10,326 1,559 2,005 2,320 3,372 4,559 986 1,029 1,416 4,136 4,790 Interdistrict settlement •ceowfc 0 -283 •2,237 + 195 • 248 •4,463 -4,614 •3,916 -404 -579 -2,276 -1,509 -1,396 TOTAL ASSETS 299,727 18,428 104,016 9,420 16,875 " 28,012 10,946 38,798 ~ 3,512 5,139 10,357 13,917 35,305 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 $ 4,517 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 88 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 »t CNcago of $ 81 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 MARCH 7, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 237,640 15,928 83,133 6,950 14,533 23,653 5,964 33,130 7,017 3,781 7,920 10,676 24,956 Deposits Depository institutions 39,886 1,806 10,504 1,851 1,650 3,226 3,696 4,071 1,095 738 1,252 2,178 7,819 U.S. Treasury—general account 5,745 0 5,745 0 0 0 0 0 0 0 0 0 0 Toreign—official accounts 220 6 110 7 8 9 15 19 4 5 6 11 20 Other 288 0 105 1 1 74 1 68 0 5 5 4 2 Total deposits 46,139 1,812 16,465 1,859 1,659 3,310 3,712 4,178 1,099 748 1,263 2,194 7,841 Deferred credit items 7,062 331 784 325 265 519 690 561 181 425 876 580 1,525 Other liabilities and accrued dividends1 3,987 162 2,278 80 147 212 134 313 79 48 104 110 319 TOTAL LIABILITIES 294,827 18,232 102,659 9,215 16,604 27,695 10,500 38,182 8,375 5,003 10,163 13,559 34,640 CAPITAL ACCOUNTS Capital paid in 2,280 85 608 100 124 143 222 285 62 67 89 184 311 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 377 28 142 5^ 23 35 6_ 50 14 2^ 17 3^ 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 299,727 18,428 104,016 9,420 16,875 28,012 10,946 38,798 8,512 5,139 10,357 13,917 35,305 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 279,914 18,974 87,636 9,339 17,303 27,135 10,445 35,708 8,785 4,785 10,329 14,568 34,907 Less—Held by F.R. Banks 42,274 3,046 4,503 2,389 2,770 3,483 4,481 2,578 1,768 1,003 2,409 3,892 9,951 F.R. notes, net 237,640 15,928 83,133 6,950 14,533 23,653 5,964 33,130 7,017 3,781 7,920 10,676 24,956 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 218,063 Total collateral 237,640 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