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 (2D2) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 12> 1990 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended ; Change froni week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 11 1990 Apr 4, 1990 Apr 12, 1989 Apr 11, 1990 ? Reserve Bank credit1 2 275,006 + 3,565 • 10,609 272,284 U.S. government securities Bought outright—system account 224,003 4 4,476 - 7,546 223,271 Held under repurchase agreements 0 - 610 0 0 Federal agency obligations Bought outright 6,524 0 - 255 6,524 Held under repurchase agreements 0 - 218 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 23 - 125 - 31 13 Seasonal credit 93 - 3 - 80 94 Extended credit 1,898 - 8 - 131 1,609 Float 598 • 62 - 679 681 Other F.R. assets 39,867 - 9 * 19,331 40,093 Gold stock 11,060 0 0 11,060 Special drawing rights certificate account 8,518 0 + 3,000 8,518 Treasury currency outstanding 19,840 + 14 + 863 19,840 Total factors supplying reserve funds 312,425 _ _ 3,579 _. 14,473 311,703 Currency in circulation* 259,928 + 1,843 *• 15,741 260,683 Treasury cash holdings* J 541 0 4 71 541 Deposits» other than reserve balances> with F.R. Banks Treasury 4,745 * 290 .. 1,718 4,310 Foreign 224 - 45 • 8 249 Service-related balances and adjustments3 1,836 - 282 - 641 1,836 Other 253 - 43 - 68 234 Other F.R. liabilities and capital 8,787 4- 220 + 1,008 8,912 Total factors* other than reserve balances, absorbing reserve funds 276,315 4 1,984 4- 14,402 276,765 Reserve balances with F.R. Banks4 36,110 * 1,595 4 71 34,938 On April 11,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 222,067 million, a change of - $ 2,433 million for the week. 1 Net of $ 4,689 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,639 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 5,650 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,650 million was with foreign official and international accounts. Includes $ 85 million securities loaned-fuiiy secured U.S. government securities. 3 Consists of required clearing balances of $ 1,727 million and adjustments of $ 109 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 ** HHeeddnneessddaayy Hednesday Hednesday Apr 11, 1990 Apr 4, 1990 Apr 12, 1989 ASSETS Gold certificate account 11,060 0 G Special drawing rights certificate account 8,518 0 4 3,000 Coin 557 - 4 * 87 _ «, Loans 1,716 21 572 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 100,776 • 2,471 - 6,864 Notes 91,539 • 100 - 958 Bonds 30,955 0 • 641 Total bought outright2 223,271 * 2,571 - 7,180 Held under repurchase agreements1 0 0 0 Total U.S. government securities 223,271 + 2,571 - 7,180 Total loans and securities 231,511 * 2,550 - 8,007 Items in process of collection (869) 6,636 » 504 - 410 Bank premises 795 • 1 • 36 Other assets3 39,114 * 285 • 19,330 TOTAL ASSETS <869) 298,191 • 2,328 • 14,036 LIABILITIES Federal Reserve notes 241,940 + 1,684 • 15,405 Deposits Depository institutions 36,918 + 391 - 333 U.S. Treasury—general account 4,310 + 172 - 1,477 Foreign—official accounts 249 • 39 + 72 Other 223344 • 35 52 __,, Total deposits 4411,,771111 • 567 1,790 Deferred availability cash items (869) 5,628 .. 426 - 673 Other liabilities and accrued dividends4 3,930 + 94 • 779 TOTAL LIABILITIES (869) 293,208 + 1,920 4- 13,720 CAPITAL ACCOUNTS Capital paid in 2,314 • 3 + 179 Surplus 2,232 + 42 • 120 Other capital accounts 437 + 364 * 17 * 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 $ 5,650 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 85 million securities loaned~fu!ly 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 $~ 57 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reftecting 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 11, 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 1,654 0 WWiitthhiinn 1155 ddaayyss 77,,882222 1,768 78 + 53 16 days to 90 days 62 0 1166 ddaayyss ttoo 9900 ddaayyss 5533,,449977 • 4,676 721 38 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6655,,664411 437 1,432 + 40 OOVVeerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,445511 • 100 3,018 80 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,660077 0 1,087 + 25 OOvveerr 1100 yyeeaarrss 2266,,225522 0 188 0 Total 1,716 0 TToottaall 222233,,227711 + 2,571 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 11, 1990 Millions of dollars Kansas San Total Boston | New York Philadelphia Cleveland Richmond Atlanta Chicago St Louis Minneapolis Dalias City Francisco 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 557 43 17 41 43 91 45 50 38 18 38 41 91 V Loans 1,716 1,606 0 10 2 2 3 3 24 42 8 12 3 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 agreements* 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 100,776 6,271 35,521 2,908 5,797 8,352 4,603 11,972 3,103 1,697 4,030 4,234 12,288 Notes 91,539 5,696 32,266 2,642 5,266 7,586 4,181 10,875 2,818 1,541 3,661 3,846 11,162 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 223,271 13,893 " "78,698 6,443 12,844" 18,504 10*198 26,524 6,874 3,759 8,929 9,380 27,224 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 223,271 13,893 78,698 6,443 12,844 18,504 10,198 26,524 6,874 3,759 8,929 9,380 27,224 Total loans and securities 231,511 15,906 " 80,998 6,641 13,222 19,047 10,499 27,301 7,099 3,911 9,198 9,666 28,023 Items in process of collection 7,505 342 872 392 312 539 839 547 333 356 774 577 1,623 Bank premises 795 91 49 46 34 126 59 110 24 29 53 27 149 Other assets3 39*114 1?S68 11,047 1,683 2,164 2,512 3,577 4,902 1,068 1,108 1,528 2,788 5,171 Interdistrict settlement account __ 0 ~<>&B *3,939 + 157 +41 +3,737 -4,554 +1,860 -444 -639 -2,355 -352 -982 TOTAL ASSETS 299,060 18,771™ 103,229 93~606 16,984 27,739 11,302 37,231 8,779 5,134 10,092 13,792 36,400 1 Does not Include US. 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 $ 5,650 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 85 million securities foaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at marke! exchange rates, includes special investment account at Chicago of $ 57 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 11, 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 241,940 16,357 85,851 7,075 14,944 23,759 5,699 32,991 7,287 3,863 7,878 10,767 25,470 Deposits Depository institutions 36,918 1,724 8,582 1,866 1,344 2,949 4,395 2,695 1,003 704 1,144 2,027 8,484 U.S. Treasury—general account 4,310 0 4,310 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 249 6 139 7 8 9 15 19 4 5 6 11 20 Other 234 4 104 1 1 50 1 60 0 5 3 1 2 Total deposits 41,711 1 1,733 13,135 1,875 1,353 3,009 4,411 2,774 1,008 714 1,153 2,040 8,506 Deferred credit items 6,497 315 709 373 258 424 607 510 263 373 754 489 1,421 Other liabilities and accrued dividends * 3,930 170 2,142 83 155 226 131 330 83 50 111 118 330 TOTAL LIABILITIES 294,077 18,576 101,837 9,405 16,711 27,418 10,849 36,604 8,641 5,000 9,897 13,413 35,728 CAPITAL ACCOUNTS Capital paid in 2,314 84 626 98 125 144 229 290 63 67 89 188 311 Surplus 2,232 83 608 100 124 139 219 281 62 56 68 171 302 Other capital accounts 437 28 159 3_ 25 38 S_ 56 13 11^ 17 21^ 60 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 299,060 18,771 103,229 9,606 16,984 27,739 11,302 37,231 8,779 5,134 10,092 13,792 36,400 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 280,467 18,994 90,188 9,209 17,441 26,901 9,888 35,222 8,956 4,735 10,112 14,404 34,417 Less—Held by F.R. Banks 38,527 2,636 4,337 2,135 2,496 3,141 4,189 2,231 1,670 873 2,234 3,638 8,947 F.R. notes, net 241,940 16,357 85,851 7,075 14,944 23,759 5,699 32,991 7,287 3,863 7,878 10,767 25,470 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 222,362 Total collateral 241,940 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