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^LRt^.. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 3, 1990 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt?? aanndd rreellaatteedd iitteemmss May 2, 1990 Apr 25, 1990 May 3, 1989 May 2, 1990 Reserve Bank credit1 2 272,521 - 14 _. 5,262 273,547 U.S. government securities Bought outright—system account 223,996 - 312 - 9,401 224,207 Held under repurchase agreements 0 0 - 9,588 0 Federal agency obligations Bought outright 6,446 - 45 - 208 6,446 Held under repurchase agreements 0 0 - 4,143 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 101 + 6 - 293 84 Seasonal credit 181 • 47 - 112 215 Extended credit 707 - 383 - 524 233 Float 476 + 284 - 162 1,467 Other F.R. assets 40,614 + 391 + 19,169 40,895 Gold stock 11,060 0 - 1 11,060 Special drawing rights certificate account 8,518 0 + 3,000 8,518 Treasury currency outstanding 19,895 + 14 + 878 19,895 Total factors supplying reserve funds 311,995 0 - 1,384 313,020 Currency in circulation* 259,936 - 362 + 16,179 260,573 Treasury cash holdings* 561 + 3 + 84 561 Deposits, other than reserve balances, with F.R. Banks Treasury 4,543 + 520 - 17,442 8,230 Foreign 230 + 11 - 37 221 Service-related balances and adjustments3 2,344 + 323 + 399 2,344 Other 437 + 111 + 19 274 Other F.R. liabilities and capital 9,377 + 215 + 495 9,382 Total factors, other than reserve balances, absorbing reserve funds 277,427 + 822 - 305 281,583 Reserve balances with F.R. Banks4 34,567 - 821 - 1,079 31,437 On May 2, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 223,360 million, a change of + $ 369 million for the week. 1 Net of $ 5,625 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,625 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,531 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,531 million was with foreign official and international accounts. Includes $ 386 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,745 million and adjustments of $ 599 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 May 2, 1990 Apr 25, 1990 May 3, 1989 ASSETS Gold certificate account 11,060 0 - 1 Special drawing rights certificate account 8,518 0 + 3,000 Coin 523 - 11 + 62 Loans 532 + 91 „ 1,747 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 0 - 208 Held under repurchase agreements1 0 0 - 4,446 U.S. government securities Bought outright—Bills 101,712 + 263 - 8,290 Notes 91,539 0 - 958 Bonds 30,955 0 + 641 Total bought outright2 224,207 263 - 8,606 Held under repurchase agreements1 00 ••• 00 - 8,047 Total U.S. government securities 222244,,220077 11-- 226633 - 16,653 Total loans and securities 231,185 • 353 - 23,054 Items in process of collection (881) 8,172 + 1,844 - 361 Bank premises 795 0 • 33 Other assets3 39,879 + 498 + 19,106 TOTAL ASSETS (881) 300,133 + 2,684 - 1,214 LIABILITIES Federal Reserve notes 241,761 + 602 • 15,359 Deposits Depository institutions 33,283 - 3,000 - 5,249 U.S. Treasury—general account 8,230 + 4,105 - 11,730 Foreign—official accounts 221 - 45 + 1 Other 274 - 440 - 31 Total deposits 42,007 + 619 - 17,010 Deferred availability cash items (881) 6,983 + 1,029 - 419 Other liabilities and accrued dividends4 44,,002299 ++ 113388 + 299 TOTAL LIABILITIES ((888811)) 229944,,778800 22,,338888 - 1,771 CAPITAL ACCOUNTS Capital paid in 2,321 + 1 + 185 Surplus 2,243 0 + 131 Other capital accounts 789 + 296 + 241 * 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 $ 5,531 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 386 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 $ 84 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, MAY 2, 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 390 0 WWiitthhiinn 1155 ddaayyss 1100,,771155 + 1,934 5555 105 16 days to 90 days 142 0 1166 ddaayyss ttoo 9900 ddaayyss 4488,,776688 1,828 667788 + 39 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6677,,775511 501 11,,554466 + 66 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,114466 + 657 22,,889922 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,557766 0 11,,008877 0 OOvveerr 1100 yyeeaarrss 2266,,225522 0 118888 0 Total 532 0 TToottaall 222244,,220077 + 263 66,,444466 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 MAY 2, 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 523 40 15 40 39 88 36 48 37 18 37 39 86 Loans 532 238 1 39 5 3 13 19 61 99 21 19 16 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 101,712 6,833 37,547 2,962 6,093 9,467 3,552 12,405 2,949 1,625 3,319 3,630 11,329 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 224,207 15,063 82,766 6,529 13,432 20,868 7,829 27,345 6,501 3,581 7,317 8,002 24,973 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 224,207 15,063 82,766 6,529 13,432 20,868 7,829 27,345 6,501 3,581 7,317 8,002 24,973 Total loans and securities 231,185 15,733 85,146 6,756 13,823 21,471 8,067 23,150 6,749 3,783 7,548 8,251 25,707 Items in process of collection 9,053 381 1,011 734 327 558 688 712 317 561 935 886 1,944 Bank premises 795 91 49 46 34 126 59 110 24 29 53 27 149 Other assets3 39,879 1,623 11,351 1,705 2,215 2,619 3,575 5,043 1,083 1,120 1,523 2,800 5,222 Interdistrict settlement account 0 • 121 +3,219 -231 +426 +317 -3,356 + 967 -327 -904 -810 +893 -315 TOTAL ASSETS 301,014 19,269 107,189 9,680 18,060 26,932 9,865 37,507 8,521 4,962 10,070 13,915 35,044 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 $ 5,531 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 386 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 $ 84 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 MAY 2, 1990 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 241,761 16,580 86,432 7,007 15,750 23,167 5,579 32,376 7,138 3,805 7,651 10,758 25,517 Deposits Depository institutions 33,283 1,931 7,766 1,651 1,544 2,601 3,012 3,430 933 476 1,230 2,024 6,683 U.S. Treasury—general account 8,230 0 8,230 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 221 6 111 7 8 9 15 19 4 5 6 11 20 Other 274 2 124 2 2 44 2 87 0 4 3 1 2 Total deposits 42,007 1,939 16,231 1,660 1,554 2,655 3,029 3,536 938 485 1,239 2,037 6,706 Deferred credit items 7,864 360 765 708 304 509 645 591 222 473 836 602 1,799 Other liabilities and accrued dividends1 4,029 183 2,277 85 162 254 104 339 79 49 91 101 306 TOTAL LIABILITIES 295,661 19,062 105,706 9,460 17,770 26,585 9,356 36,842 8,376 4,812 9,866 13,497 34,328 CAPITAL ACCOUNTS Capital paid in 2,321 84 626 98 125 146 231 284 63 67 89 189 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 789 39 250 22_ 42 61 59 101 21 16 26 58 96 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 301,014 19,269 107,189 9,680 18,060 26,932 9,865 37,507 8,521 4,962 10,070 13,915 35,044 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 283,347 19,196 92,991 9,135 18,291 26,762 9,844 34,808 8,828 4,727 9,952 14,383 34,429 Less—Held by F.R. Banks 41,586 2,616 6,559 2,128 2,540 3,595 4,265 2,432 1,691 922 2,301 3,625 8,912 F.R. notes, net 241,761 16,580 86,432 7,007 15,750 23,167 5,579 32,376 7,138 3,805 7,651 10,758 25,517 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 222,183 Total collateral 241,761 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