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. f«VR£^V H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 26, 1990 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change frot?i week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 25, 1990 Apr 18, 1990 ~ApF~2 6, 1989 Apr 25, 1990 Reserve Bank credit1 2 272,535 - 3,034 + 9,041 271,343 U.S. government securities Bought outright—system account 224,307 + 628 - 6,992 223,944 Held under repurchase agreements 0 - 1,346 - 1,533 0 Federal agency obligations Bought outright 6,492 - 33 - 182 6,446 Held under repurchase agreements 0 - 596 - 499 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 96 - 94 - 143 113 Seasonal credit 135 + 28 - 102 145 Extended credit 1,090 - 364 - 453 183 Float 192 ~ 1,377 - 177 75 Other F.R. assets 40,223 + 120 + 19,121 40,436 Gold stock 11,060 0 - 1 11,060 Special drawing rights certificate account 8,518 0 + 3,000 8,518 Treasury currency outstanding 19,881 + 14 + 878 19,881 Total factors supplying reserve funds 311,995 - 3,020 + 12,919 310,803 Currency in circulation* 260,298 - 644 + 16,800 259,946 Treasury cash holdings* 557 + 15 + 80 561 Deposits, other than reserve balances, with F.R. Banks Treasury 4,022 - 959 •- 4,098 4,125 Foreign 219 + 3 + 12 266 Service-related balances and adjustments3 2,021 + 32 + 22 2,021 Other 326 + 69 - 111 714 Other F.R. liabilities and capital 9,162 - 125 + 942 8,948 Total factors, other than reserve balances, absorbing reserve funds 276,606 - 1,608 + 13,648 276,580 Reserve balances with F.R. Banks4 35,389 - 1,412 - 728 34,222 On April 25, 1990, marketable U.S. government securities held in custody by the Federat Reserve Banks for foreign official and international accounts were $ 222,991 million, a change of - $ 474 million for the week. 1 Net of $ 5,062 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,062 million was with foreign official and international accounts. Includes securities toaned-fully secured by U.S. government securities. 2 Net of $ 5,447 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,447 million was with foreign official and international accounts. Includes $ 360 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1745 million and adjustments of $ 276 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 25, 1990 Apr 18, 1990 Apr 26, 1989 ASSETS Gold certificate account 11,060 0 0 Special drawing rights certificate account 8,518 0 + 3,000 Coin 533 - 7 + 63 _ .. Loans 441 796 1,318 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 - 78 - 208 Held under repurchase agreements1 0 - 2,191 - 2,057 U.S. government securities Bought outright—Bills 101,450 - 129 - 5,462 Notes 91,539 0 - 958 Bonds 30,955 0 + 641 Total bought outright2 223,944 - 129 - 5,779 Held under repurchase agreements1 00 - 4,957 -- __ 6,281 Total U.S. government securities 222233,,994444 - 5,086 12,060 Total loans and securities 230,832 - 8,150 - 15,642 - - Items in process of collection (925) 6,328 851 1,134 Bank premises 796 0 + 36 Other assets3 39,381 + 6 + 19,008 TOTAL ASSETS (925) 297,448 - 9,003 + 5,331 LIABILITIES Federal Reserve notes 241,159 - 953 * 15,741 Deposits Depository institutions 36,283 - 6,494 - 1,309 U.S. Treasury—general account 4,125 - 1,084 - 9,304 Foreign—official accounts 266 + 95 100 ••• Other 714 4- 450 + 118 Total deposits 41,388 - 7,033 - 10,395 Deferred availability cash items (925) 5,954 - 824 - 719 Other liabilities and accrued dividends4 3,892 - 190 + 343 TOTAL LIABILITIES (925) 292,392 - 8,999 + 4,969 CAPITAL ACCOUNTS Capital paid in 2,320 + 5 + 186 Surplus 2,243 0 + 131 Other capital accounts 493 - 9 4- 45 * 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 $ 5,447 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 360 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 $ 75 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. Note: See the note on the fourth page of this release for a correction to last week's data. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 25, 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 Heekly Heekly Holdings Holdings changes changes Hithin 15 days 428 0 HHiitthhiinn 1155 ddaayyss 88,,778800 2,832 116600 2,214 16 days to 90 days 13 0 1166 ddaayyss ttoo 9900 ddaayyss 5500,,559966 2,610 663399 + 23 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6688,,225511 + 357 11,,448800 + 48 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,448899 0 22,,889922 126 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,557766 0 11,,008877 0 OOvveerr 1100 yyeeaarrss 2266,,225522 0 118888 0 Total 441 0 TToottaall 222233,,994444 5,086 66,,444466 2,269 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 25, 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 11,060 750 3,503 384 688 1,008 465 1,377 346 203 422 585 1,329 Special drawing rights certif. acct. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 533 40 15 41 41 89 40 48 38 18 37 39 87 Loans 441 187 20 14 2 0 10 21 46 65 12 18 47 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,446 433 2,380 188 386 600 225 786 187 103 210 230 718 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 101,450 6,816 37,450 2,954 6,078 9,442 3,543 12,373 2,942 1,621 3,311 3,621 11,300 Notes 91,539 6,150 33,792 2,666 5,484 8,520 3,197 11,164 2,654 1,462 2,987 3,267 10,196 Bonds 30,955 2,080 11,427 901 1,854 2,881 1,081 3,775 898 494 1,010 1,105 3,448 Total bought outright2 223,944 15,045 82,669 6,522 13,416 20,843 7,820 27,313 6,493 3,577 7,308 7,993 24,944 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 223,944 15,045 82,669 6,522 13,416 20,843 7,820 27,313 6,493 3,577 7,308 7,993 24,944 Total loans and securities 230,832 15 ,"665 85,068 6,723 13,804 21,443 8,055 28,120 6,726 3,745 7,531 8,241 25,709 Items in process of collection 7,253 340 762 571 308 444 535 597 249 369 786 725 1,567 Bank premises 796 91 49 46 34 126 59 110 24 29 53 27 149 Other assets3 39,381 1,602 11,235 1,718 2,185 2,584 3,525 4,948 1,070 1,105 1,500 2,766 5,144 Interdistrict settlement account 0 +37 -736 -106 +483 +1,183 -2,546 +1,275 -179 -585 -723 +898 +1,000 TOTAL ASSETS 298,373 19,056 102,793 9,624 18,051 27,621 10,462 37,575 8,566 5,037 9,968 13,714 35,907 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 $ 5,447 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 360 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 $ 75 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 25, 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 241,159 16,571 86,708 6,954 15,539 23,324 5,014 32,593 7,132 3,814 7,664 10,586 25,261 Deposits Depository institutions 36,283 1,784 7,022 1,772 1,811 3,257 4,289 3,416 969 647 1,236 2,014 8,067 U.S. Treasury—general account 4,125 0 4,125 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 266 6 156 7 8 9 15 19 4 5 6 11 20 Other 714 2 565 1 2 48 1 81 0 5 6 1 2 Total deposits 41,388 1,791 11,868 1,780 1,821 3,314 4,305 3,515 973 656 1,247 2,026 8,089 Deferred credit items 6,879 310 710 595 252 395 559 489 242 376 772 603 1,575 Other liabilities and accrued dividends1 3,892 187 2,099 86 166 260 108 348 81 49 93 105 310 TOTAL LIABILITIES 293,317 18,858 101,386 9,415 17,778 27,293 9,986 36,945 8,429 4,896 9,776 13,320 35,235 CAPITAL ACCOUNTS Capital paid in 2,320 84 626 98 125 146 231 291 63 67 89 189 311 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 493 30 174 11 25 42 27 59 13 6 14 35 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 298,373 19,056 102,793 9,624 18,051 27,621 10,462 37,575 8,566 5,037 9,968 13,714 35,907 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 283,053 19,296 92,691 9,157 18,164 27,034 9,415 35,083 8,890 4,764 10,042 14,269 34,247 Less—Held by F.R. Banks 41,894 2,725 5,983 2,203 2,626 3,710 4,402 2,490 1,758 950 2,378 3,683 8,986 F.R. notes> net 241,159 16,571 86,708 6,954 15,539 23,324 5,014 32,593 7,132 3,814 7,664 10^586 25,261 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 221,581 Total collateral 241,159 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. Note: Several figures for "Total deposits" were misstated in last week's release, as follows: On the worksheet for Table H.4.1 (a) (which shows consolidated values), on page 2 of that release, the correct figures for "Toiai deposits* in the second column (for Wednesday April 18, 1990) and in the two "changes" columns are $48,421 million, + $6,710 million, and - $4,632 million, respectively. On Table H.4.1 (c) of that release, the correct figures for "Total deposits" for the Federal Reserve Bank of St. Louis and in the "Total" column are $2,519 million and $49,645 million, respectively. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis