H.4.1 Factors Affecting Reserve Balances of Depository Institutions

\o*£Ov l 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 April 5, 1990 Millions of dollars Averac ies of daily figures Reserve balances of depository institutions at Heek ended Change from week ended Wednesday Fv-.fRe.p tBra^t nks, v%R eserve rsB anI»k cred1*i1 t> anId rel1at1e1d" 'i! tems Apr 4, 1990 Mar 28, 1990 Apr 5, 1989 Apr 4, 1990 Reserve Bank credit1 2 269,490 + 1,416 • 11,390 269,354 U.S. government securities Bought outright—system account 219,527 + 1,457 - 8,320 220,700 Held under repurchase agreements 610 «• 610 • 610 0 Federal agency obligations Bought outright 6,524 0 - 255 6,524 Held under repurchase agreements 218 + 218 * 218 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 148 + 104 - 186 18 Seasonal credit 96 0 - 81 96 Extended credit 1,906 - 117 + 83 1,623 Float 569 + 379 - 591 765 Other F.R. assets 39,891 - 1,235 • 19,911 39,628 Gold stock 11,060 0 - 1 11,060 Special drawing rights certificate account 8,518 0 • 3,oa* 8,518 Treasury currency outstanding 19,826 • 14 • 863 19,826 Total factors supplying reserve funds 308,894 • 1,430 + 15,338 308,753 Currency in circulation* 258,085 • 1,070 • 14,957 258,981 Treasury cash holdings* 540 • 8 • 80 541 Deposits, other than reserve balances, with F.R. Banks Treasury 4,455 - 1,051 - 370 4,138 Foreign 269 • 52 - 17 210 Service-related balances and adjustments3 2,113 - 88 + 110 2,113 Other 295 - 94 - 57 269 Other F.R. liabilities and capital 8,567 - 605 + 839 8,409 Total factors, other than reserve balances, absorbing reserve funds 274,324 - 707 + 15,542 274,660 Reserve balances with F.R. Banks4 34,570 + 2,137 - 204 34,099 On April 4, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $224 500 million, a change of + $ \ Q10 million for the week. 1 Net of $ 4,370 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,370 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,288 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,288 million was with foreign official and international accounts. Includes $ 31 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,723 million and adjustments of $ 390 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 Apr 4, 1990 Mar 28, 1990 Apr 5, 1989 ASSETS Gold certificate account 11,060 + 1 0 Special drawing rights certificate account 8,518 0 + 3,000 Coin 561 - 11 • 85 - _ Loans 1,737 159 768 Acceptances 0 0 0 Federal agency obligations Bought outright 6,524 0 - 255 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 98,305 • 171 - 5,380 Notes 91,439 0 • 836 Bonds 30,955 0 + 926 Total bought outright2 220,700 + 171 - 3,617 Held under repurchase agreements1 0 0 0 Total U.S. government securities 222200,,770000 117711 - 3,617 Total loans and securities 222288,,996611 ++ 1122 - 4,640 Items in process of collection (951) 7,140 + 1,792 - 2,028 Bank premises 794 + 1 + 33 Other assets3 38,829 - 894 + 19,405 TOTAL ASSETS (951) 295,862 + 900 + 15,854 LIABILITIES Federal Reserve notes 240,256 + 1,594 • 14,638 Deposits Depository institutions 36,527 • 991 • 2,862 U.S. Treasury—general account 4,138 - 2,081 - 1,559 Foreign—official accounts 210 - 75 • 3 Other !! 226699 - 128 27 Total deposits 4411,,114444 - 1,293 ++ 1,279 Deferred availability cash items (951) [ 6,054 + 1,169 - 1,034 Other liabilities and accrued dividends4 3,835 - 146 + 748 TOTAL LIABILITIES (951) 291,289 • 31,325 • 15,631 CAPITAL ACCOUNTS Capital paid in 2,311 + 16 • 179 Surplus 2,189 - 54 • 79 Other capital accounts 73 - 387 - 35 * 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 $ 2,142 million was outstanding at the end of the latest statement week. 2 Net of $ 3,288 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 31 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 $ 80 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, APRIL 4, 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 1,670 0 WWiitthhiinn 1155 ddaayyss 99,,559911 2,504 25 150 16 days to 90 days 66 0 1166 ddaayyss ttoo 9900 ddaayyss 4488,,882222 • 1,836 759 + 185 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6666,,007788 + 68 1,391 35 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,335511 + 770 3,098 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,660077 0 1,062 0 OOvveerr 1100 yyeeaarrss 2266,,225522 0 188 0 Total 1,737 0 TToottaall 222200,,770000 + 171 6,524 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 APRIL 4, 1990 Millions of dollars 1 ' 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 ASSETS Gold certificate account 11,060 699 3,411 400 661 943 508 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 43 16 38 45 93 47 51 38 18 37 42 93 Loans 1,737 1,619 1 9 2 3 7 2 26 44 9 11 4 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 98,305 6,117 34,651 2,837 5,655 8,147 4,490 11,678 3,027 1,655 3,931 4,130 11,987 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 220,700 13,733 77,792 6,369 12,696 18,291 10,080 26,218 6,795 3,716 8,826 9,272 26,911 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 220,700 13,733 77,792 6,369 12,696 18,291 10,080 26,218 6,795 3,716 8,826 9,272 26,911 Total loans and securities 228,961 15,758 80,093 6,566 13,074 18,834 10,385 26,995 7,022 3,869 9,096 9,557 27,711 Items in process of collection 8,091 395 968 398 504 570 849 689 318 394 821 573 1,611 Bank premises 794 91 49 46 34 126 59 110 24 28 52 26 149 Other assets3 38,829 1,549 10,935 1,668 2,146 2,490 3,552 4,892 1,058 1,100 1,515 2,771 5,153 Interdistrict settlement account 0 -579 •4,403 -241 •348 •3,942 -5,252 •2,900 -384 -386 -2,291 •0 -2,458 TOTAL ASSETS 296,813 18,487 102,770 9,121 17,319 27,743 10,479 38,098 8,736 5,374 10,087 14,015 34,583 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 $ 2,142 million was outstanding at the end of the latest statement week. 2 Net of S 3,288 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 31 million securities loaned-futly 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 $ 80 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 APRIL 4, 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 240,256 15,972 84,970 6,973 14,775 23,695 5,735 33,171 7,273 3,836 7,885 10,730 25,240 Deposits Depository institutions 36,527 1,850 9,336 1,522 1,837 2,953 3,459 3,350 970 956 1,116 2,275 6,903 U.S. Treasury—general account 4,138 0 4,138 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 210 6 101 7 8 9 15 19 4 5 6 11 20 Other 269 2 109 3 1 53 1 83 0 5 4 1 £ Total deposits 41,144 1,858 13,684 1,531 1,847 3,016 3,476 3,452 975 965 1,126 2,287 6,928 Deferred credit items 7,004 321 774 345 293 520 710 579 279 397 789 524 1,473 Other liabilities and accrued dividends1 3,835 167 2,096 84 151 219 127 319 80 50 106 113 322 TOTAL LIABILITIES 292,239 18,317 101,524 8,933 17,066 27,450 10,047 37,521 8,608 5,248 9,906 13,654 33,964 CAPITAL ACCOUNTS Capital paid in 2,311 84 626 98 125 144 229 289 63 67 89 188 311 Surplus 2,189 83 608 84 124 139 192 281 62 56 88 171 302 Other capital accounts 73 2^ 12 6^ 5^ 10 11 8^ 4_ Z_ 3_ 2^ 7 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 296,813 18,487 102,770 9,121 17,319 27,743 10,479 38,098 8,736 5,374 10,087 14,015 34,583 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 278,782 18,771 88,474 9,186 17,358 26,801 10,110 35,310 8,972 4,752 10,148 14,430 34,470 Less—Held by F.R. Banks 38,526 2,799 3,504 2,214 2,583 3,106 4,375 2,139 1,699 916 2,263 3,699 9,230 F.R. notes* net 240,256 15,972 84,970 6,973 14,775 23,695 5,735 33,171 7,273 3,836 7,885 10,730 25,240 Collateral held against F.R. notes Gold certificate account 11,060 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 220,678 Total collateral 240,256 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