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 March 29, 1990 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 28, 1990 Mar 21, 1990 Mar '2 9, 1989 Mar 28, 1990 Reserve Bank credit1 2 268,074 - 576 • 8,974 269,425 U.S. government securities Bought outright—system account 218,070 - 907 - 10,395 220,529 Held under repurchase agreements 0 - 332 0 0 Federal agency obligations Bought outright 6,524 0 - 255 6,524 Held under repurchase agreements 0 - 144 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 45 - 163 - 290 30 Seasonal credit 96 + 10 - 60 94 Extended credit 2,023 • 89 + 496 1,771 Float 191 - 348 - 1,391 -99 Other F.R. assets 41,126 4- 1,218 + 20,871 40,576 Gold stock 11,059 0 - 2 11,059 Special drawing rights certificate account 8,518 0 • 3,314 8,518 Treasury currency outstanding 19,807 • 14 + 855 19,807 Total factors supplying reserve funds 307,459 - 562 _ 13,142 308,810 Currency in circulation* 257,010 - 110 • 14,658 257,357 Treasury cash holdings* 532 • 7 • 76 540 Deposits, other than reserve balances, with F.R. Banks Treasury 5,506 + 505 - 444 6,218 Foreign 217 - 4 + 7 285 Service-related balances and adjustments3 2,200 + 381 + 103 2,200 Other 389 - 3 - 83 397 Other F.R. liabilities and capital 9,172 - 8 + 1,066 8,979 Total factors, other than reserve balances, absorbing reserve funds 275,026 + 767 • 15,384 275,977 Reserve balances with F.R. Banks4 32,432 - 1,329 - 2,242 32,832 On March 28, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 223,490 million, a change of + $ 2,253 million for the week. 1 Net of $ 5,718 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,718 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,259 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,259 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 $ 1,723 million and adjustments of $ 477 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 Nednesday Nednesday Mar 28, 1990 Mar 21» 1990 Mar 29, 1989 ASSETS Gold certificate account 11,059 0 - 2 Special drawing rights certificate account 8,518 0 + 3,150 Coin 572 - 3 • 82 .. «. Loans 1,895 1,316 410 Acceptances 0 0 0 Federal agency obligations Bought outright 6,524 0 - 255 Held under repurchase agreements1 0 .. 1,009 0 U.S. government securities Bought outright—Bills 98,134 • 2,080 - 9,158 Notes 91,439 0 + 836 Bonds 30,955 0 • 926 Total bought outright2 220,529 • £,080 - 7,395 Held under repurchase agreements1 000 - 2,324 0 Total U.S. government securities 222222000,,,555222999 224444 —— 7,395 Total loans and securities 222222888,,,999444888 ~~ 22,,556688 - 8,060 -. - Items in process of collection (944) 5,348 915 1,361 Bank premises 793 - 1 • 35 Other assets3 39,724 + 443 + 20,202 TOTAL ASSETS (944) 294,962 -- 3,043 • 14,046 LIABILITIES Federal Reserve notes 238,662 • 234 • 13,858 Deposits Depository institutions 35,536 - 5,316 - 842 U.S. Treasury—general account 6,218 • 403 + 964 Foreign—official accounts 285 + 89 + 61 Other 339977 + 105 196 __ Total deposits 4422,,443366 -- 2,720 13 Deferred availability cash items (944) 4,885 - 549 - 904 Other liabilities and accrued dividends4 33,,998811 - 18 ++ 790 TOTAL LIABILITIES ((994444)) 228899,,996644 .. 3,054 ++ 13,731 CAPITAL ACCOUNTS Capital paid in 2,295 0 • 165 Surplus 2,243 0 + 131 Other capital accounts 461 * 10 • 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 $ 2,483 million was outstanding at the end of the latest statement week. 2 Net of $ 3,259 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 $ 85 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 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. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Meekly Weekly Holdings Holdings changes changes Hithin 15 days 1,891 0 HHiitthhiinn 1155 ddaayyss 12,095 + 1,654 175 1,069 16 days to 90 days 4 0 1166 ddaayyss ttoo 9900 ddaayyss 46,985 1,768 574 15 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 66,010 130 1,426 * 52 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 56,581 0 3,098 + 18 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,607 0 1,062 + 5 OOvveerr 1100 yyeeaarrss 26,252 0 188 0 Total 1,895 0 TToottaall 220,529 244 6,524 1,009 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 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. sect. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 572 43 16 38 47 96 47 51 39 18 38 44 95 Loans 1,895 1,758 5 16 0 1 15 1 13 39 16 23 8 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 98,134 6,107 34,590 2,832 5,645 8,133 4,482 11,658 3,021 1,652 3,924 4,123 11,966 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 220,529 13,723 77,732 6,364 12,687 18,277 10,072 26,198 6,790 3,713 8,819 9,265 26,890 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 220,529 13,723 77,732 6,364 12,687 18,277 10,072 26,198 6,790 3,713 8,819 9,265 26,890 Total loans and securities 228,948 15,887 80,037 6,568 13,062 18,819 10,386 26,974 7,003 3,862 9,096 9,562 27,694 Items in process of collection 6,293 294 784 319 228 399 672 535 194 334 743 482 1,308 Bank premises 793 91 49 46 34 126 59 110 24 28 52 26 149 Other assets3 39,724 1,587 11,239 1,702 2,193 2,547 3,628 4,985 1,081 1,143 1,549 2,829 5,242 Interdistrict settlement account 0 -578 •3,536 -42 -153 •3,605 -4,775 +2,527 -364 -550 -2,293 -290 -622 TOTAL ASSETS 295,906 18,554 101,966 9,278 16,579 27,280 10,855 37,642 8,638 5,187 10,041 13,698 36,190 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 $ 2,483 million was outstanding at the end of the latest statement week. 2 Net of $ 3,259 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 $ 85 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 28, 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 238,662 15,871 84,198 6,910 14,594 23,543 5,774 33,210 7,162 3,800 7,828 10,748 25,024 Deposits Depository institutions 35,536 2,023 6,854 1,789 1,326 2,766 3,872 2,855 1,078 847 1,199 1,984 8,943 U.S. Treasury—general account 6,218 0 6,218 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 285 6 176 7 8 9 15 19 4 5 6 11 20 Other 397 2 242 2 4 38 1 88 0 5 11 2 2 Total deposits 42,436 2,031 13,490 1,798 1,338 2,813 3,887 2,962 1,082 856 1,216 1,997 8,965 Deferred credit items 5,829 289 708 277 220 381 585 521 174 341 695 439 1,198 Other liabilities and accrued dividends1 3,981 168 2,212 80 155 222 130 327 83 49 109 114 332 TOTAL LIABILITIES 290,908 18,359 100,608 9,065 16,308 26,959 10,376 37,020 8,501 5,047 9,848 13,299 35,519 CAPITAL ACCOUNTS Capital paid in 2,295 84 608 100 125 144 229 288 63 67 89 188 311 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 461 29 141 13 23 37 31 53 13 6_ 16 40 __ 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 295,906 18,554 101,966 9,278 16,579 27,280 10,855 37,642 8,638 5,187 10,041 13,698 36,190 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 278,938 18,789 87,912 9,202 17,321 26,871 10,317 35,444 8,939 4,770 10,193 14,513 34,666 Less—Held by F.R. Banks 40,276 2,919 3,715 2,291 2,727 3,328 4,542 2,234 1,777 970 2,366 3,765 9,643 F.R. notes, net 238,662 15,871 84,198 6,910 14,594 23,543 5,774 33,210 7,162 3,800 7,828 10,748 25,024 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 219,084 Total collateral 238,662 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