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) 452-3208. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 17, 1990 Millions of dollars Averac ;es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended | Change from week ended i Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss | May 16, 1990 [" May 9, 1990 | May 17, 1989 May 16, 1990 Reserve Bank credit1 2 274,190 1 • 956 j + 4,501 275,346 U.S. government securities Bought outright—system account 224,357 - 214 - 8,331 223,872 Held under repurchase agreements 819 + 819 - 3,596 3,013 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 691 • 691 - 1,300 2,077 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 98 + 31 - 89 36 Seasonal credit 221 + 2 - 127 230 Extended credit 763 + 182 - 436 716 Float 680 + 25 - 297 1,031 Other F.R. assets 40,114 - 580 + 18,884 37,923 Gold stock 11,061 0 0 11,062 Special drawing rights certificate account 8,518 0 + 2,557 8,518 Treasury currency outstanding 19,943 + 14 * 898 19,943 Total factors supplying reserve funds 313,712 971 £ " 7,956 314,869 Currency in circulation* 262,218 * 937 • 16,511 262,573 Treasury cash holdings* 570 - 2 + 83 | 572 Deposits, other than reserve balances, fciith F.R. Banks Treasury 5,037 + 197 - 11,129 3,817 Foreign 220 + 23 - 12 215 Service-related balances and adjustments3 2*007 •f 26 + 85 2,007 Other 264 * 20 - 117 ! 318 Other F.R* liabilities and capital 9>497 ~ 61 + 867 9,203 Total factors? other than reserve balances, absorbing reserve funds 279,813 + 1,139 • 6,289 ! 278,704 Reserve balances with F.R. Banks4 33,899 - 168 f 1,668 36,165 On May 18, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 223,637 million, a change of + $ 466 million for the week, 1 Net of $ 5,381 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,381 million was with foreign official and international accounts, includes securities loaned-fuliy secured by U.S. government securities. 2 Met of $ 5,865 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,865 million was with foreign official and international accounts. Includes $ 307 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 1,747 million and adjustments of $ 253 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 16, 1990 May 9, 1990 May 17, 1989 ASSETS Gold certificate account 11,062 • 2 + 1 Special drawing rights certificate account 8,518 0 • 2,000 Coin 509 - 8 + 37 Loans 982 + 363 _ 725 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 0 - 208 Held under repurchase agreements1 2,077 + 2,077 • 2,077 U.S. government securities Bought outright—Bills 101,378 - 238 - 9,043 Notes 91,732 • 192 - 665 Bonds 30,763 - 192 • 349 Total bought outright2 223,872 - 238 - 9,360 Held under repurchase agreements1 3,013 + 3,013 • 3,013 Total U.S. government securities 226,886 + 2,775 - 6,346 Total loans and securities 236,392 + 5,216 - 5,201 Items in process of collection (882) 7,202 + 1,035 - 663 Bank premises 797 + 1 • 35 Other assets3 38,115 - 2,130 • 18,797 TOTAL ASSETS (882) 302,594 + 4,117 • 15,005 LIABILITIES Federal Reserve notes 243,710 + 561 + 16,055 Deposits Depository institutions 39,157 + 4,870 + 4,551 U.S. Treasury—general account 3,817 - 2,355 - 6,169 Foreign—official accounts 215 • 29 - 12 Other 318 + 86 - 282 Total deposits 43,507 + 2,630 - 1,912 Deferred availability cash items (882) 6,174 + 837 - 283 Other liabilities and accrued dividends4 4,182 + 142 + 825 TOTAL LIABILITIES (882) 297,574 + 4,171 + 14,686 CAPITAL ACCOUNTS Capital paid in 2,332 + 3 i + 190 Surplus 2,243 0 + 131 Other capital accounts 445 - 58 - 2 * 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 $ 5,865 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 307 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 $ 88 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 16, 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 887 0 WWiitthhiinn 1155 ddaayyss 1111,,006699 924 2,137 + 2,082 16 days to 90 days 96 0 1166 ddaayyss ttoo 9900 ddaayyss 4488,,336655 763 733 60 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7711,,773388 + 5,722 1,431 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,669955 451 2,917 + 25 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,661177 959 1,117 + 30 OOvveerr 1100 yyeeaarrss 2266,,440022 + 150 188 0 Total 982 0 TToottaall 222266,,888866 + 2,775 8,524 + 2,077 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 16, 1990 Millions of dollars Totai Boston New York Philadelphia Cleveland Richmond Atlanta Chicago i St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 243,710 17,426 87,615 7,116 16,396 23,016 5,578 31,948 7,035 3,881 7,573 10,732 25,394 Deposits Depository institutions 39,157 1,881 10,047 1,874 1,670 3,234 4,057 3,546 1,134 680 1,252 2,027 7,755 U.S. Treasury—general account 3,817 0 3,817 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 215 6 105 7 8 9 15 19 4 5 6 11 20 Other 318 2 184 2 2 24 1 90 0 6 4 1 3 Total deposits 43,507 1,889 14,153 1,883~ 1,680 3,266" 4,073 3,655 1,138 690 1,261" 2,039 7,77B Deferred credit items 7,056 357 848 358 272 495 640 599 191 429 721 688 1,457 Other liabilities and accrued dividends1 4,182 191 2,359 85 168 264 110 352 82 50 94 106 521 TOTAL LIABILITIES 298,455" 19,863" 104,976 9,442"* 18,517 27,042 10,401 36,554 8,446 5,049 9,650 13,565 34,950 CAPITAL ACCOUNTS Capital paid in 2,332 84 635 98 126 146 231 284 63 67 89 189 319 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 445 __J-2L «._J:ii. 10 24 40 24 48 11 5 13^ 29 __ 50 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 303,476 20,057 106,382 9,650 18,791 27,368 10,875 37,167 8,582 5,189 9,841 13,954 35,621 rlDERAlTlESERVE AGENTS^n^miNf^-™" F.R. notes outstanding 284,789 19,950 93,994 9,085 18,889 26,884 9,622 34,659 8,823 4,760 9,893 14,244 33,987 Less—Held by F.R. Banks 41,079 2,524 6,379 1,969 2,493 3,868 4,044 2,711 1,788 879 2,319 3,512 8,593 F.R. notes» net 243,710"" 17,426 87,615 7,116 16,396 23,016 5,578" 31,948 7,035 3,881 7,573 10,732 25,394 Collateral held against F.R. notes Gold certificate account 11,062 Special drawing rights certificate account 8*518 Other eligible assets 0 U.S. govt, and agency securities 224,130 Total collateral 243,710 1 Includes exchange translation account reflecting the moni?i!y 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

H4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MAY 16, 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 243,710 17,426 87,615 7,116 16,396 23,016 5,578 31,948 7,035 3,881 7,573 10,732 25,394 Deposits Depository institutions 39,157 1,881 10,047 1,874 1,670 3,234 4,057 3,546 1,134 680 1,252 2,027 7,755 U.S. Treasury—general account 3,817 0 3,817 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 21S 6 105 7 8 9 15 19 4 5 6 11 20 Other 318 2 184 2 2 24 1 90 0 6 4 1 3 Total deposits 1 437S07 1,889 14,153 1,883 1,680 3,266 4,073 3,655 1,138 690 1,261 2,039 7,778 Deferred credit items 7,056 357 848 358 272 495 640 599 191 429 721 688 1,457 Other liabilities and accrued dividends1 4,182 191 2,359 85 168 264 110 352 82 50 94 106 52J TOTAL LIABILITIES 298,455 19,863 104,976 9,442 18,517 27,042 10,401 36,554 8,446 5,049 9,650 13,565 34,950 CAPITAL ACCOUNTS Capital paid in 2,332 84 635 98 126 146 231 284 63 67 89 189 319 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 445 _ 27^ 163 10 24 40 24 48 11 5_ 13 29^ 50 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 303>476 20,057 106,382 9,650 18,791 27,368 10,875 37,167 8,582 5,189 9,841 13,954 35,621 FEDERAL RESERVE AGENTS8 ACCOUNTS F.R. notes outstanding 284,789 19,950 93,994 9,085 18,889 26,884 9,622 34,659 8,823 4,760 9,893 14,244 33,987 Less—Held by F.R. Banks 41,079 2,524 6,379 1,969 2,493 3,868 4,044 2,711 1,788 879 2,319 3,512 8,593 F.R. notes, net 243,710 17,426 87,615 7,116 16,396 23,016 5,578 31,948 7,035 3,881 7,573 10,732 25,394 Collateral held against F.R. notes Gold certificate account 11,062 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 224,130 Total collateral 243,710 1 Includes exchange translation account reflecting the monthly revaluation a! 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