H.4.1 Factors Affecting Reserve Balances of Depository Institutions

!o*cov 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 Hay 31, 1990 Millions of dollars Averac> es of daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froirs weeke nded Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Hay 30, 1990 May 23, 1990 May 31, 1989 May 30, 1990 Reserve Bank credit1 2 273,363 •f 1,979 • 16,776 272,286 U.S. government securities Bought outright—system account 224,942 4 1,866 - 536 224,463 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 634 4 572 * 474 75 Seasonal credit 290 4 25 - 84 291 Extended credit 1,159 4 123 • 72 1,009 Float 459 ~ 807 - 196 469 Other F.R. assets 39,434 4 201 + 17,255 39,533 Gold stock 11,065 0 4 5 11,065 Special drawing rights certificate account 8,518 0 4 71 8,518 Treasury currency outstanding 19,971 4 14 + 898 19,971 Total factors supplying reserve funds 312,917 ~~4 1,993 _ 17,750 311,839 Currency in circulation* 263,789 • 1,363 4 17,141 264,828 Treasury cash holdings* 577 + 4 • 92 581 Deposits, other than reserve balances, with F.R. Banks Treasury 4,562 - 712 - 592 4,420 Foreign 215 • 2 - 45 207 Service-related balances and adjustments3 1,980 - 39 4 46 1,980 Other 575 4 306 « 327 377 Other F.R. liabilities and capital 9,386 + 60 4 1,316 9,206 Total factors, other than reserve balances. absorbing reserve funds 281,086 4 985 4 17,633 281,599 Reserve balances with F.R. Banks* 31,831 4 1,008 4 117 30,240 On May 30, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 227,715 million, a change of - $ 1,558 million for the week. 1 Net of $ 4,796 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,796 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,275 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,275 million was with foreign official and international accounts. Includes $ 275 miLion securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,759 million and adjustments of $ 221 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 We dnesday Wednesday ** May 30, 1990 1 May 23, 1990 May 31, 1989 ASSETS Gold certificate account 11,065 0 + 5 Special drawing rights certificate account 8,518 0 0 Coin 473 - 31 + 41 Loans 1,375 • 138 «. 658 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 0 ~ 208 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 101,968 • 371 + 1,169 Notes 91,732 0 - 590 Bonds 30,763 0 + 349 Total bought outright2 224,463 • 371 + 928 Held under repurchase agreements1 0 0 0 Total U.S. government securities 224,463 • 371 • 928 Total loans and securities 232,284 • 509 . + 62 - Items in process of collection (1,066) 8,450 • 2,732 1,992 Bank premises 795 0 • 34 Other assets3 3388,,667711 ** 229999 • 17,049 TOTAL ASSETS ((11,,006666)) 330000,,225566 33,,550088 4 15,199 LIABILITIES Federal Reserve notes 245,910 • 1,933 • 16,538 Deposits Depository institutions 32,694 + 481 - 859 U.S. Treasury—general account 4,420 - 1,320 - 868 Foreign—official accounts 207 •f 8 - 222 Other 337777 •• 116633 - 147 Total deposits 3377,,669999 666688 - 2,095 Deferred availability cash items (1,066) 7,441 + 2,247 - 937 Other liabilities and accrued dividends4 4,131 + 15 • 919 TOTAL LIABILITIES (1,066) 295,181 • 3,527 • 14,425 CAPITAL ACCOUNTS Capital paid in 2,339 + 1 i • 197 Surplus 2,243 0 • 162 Other capital accounts | 493 - 20 • 415 * 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 $ 5,275 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 275 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 $ 73 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 30, 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 chariges Hithin 15 days 1,359 0 HHiitthhiinn 1155 ddaayyss 1100,,773377 • 261 266 60 16 days to 90 days 37 0 1166 ddaayyss ttoo 9900 ddaayyss 4499,,119933 + 9 564 + 97 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6688,,882200 • 100 1,416 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,669955 0 2,895 22 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,661177 0 1,117 0 OOvveerr 1100 yyeeaarrss 2266,,440022 0 188 0 Total 1,375 0 TToottaall 222244,,446633 • 371 6,446 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 30, 1990 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco ASSETS Gold certificate account 11,065 750 3,508 384 688 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 473 37 16 31 33 79 38 40 35 15 36 34 79 Loans 1,375 826 7 20 8 204 31 30 79 114 34 14 9 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 101,968 6,850 37,642 2,970 6,109 9,491 3,561 12,436 2,957 1,629 3,328 3,639 11,358 Notes 91,732 6,163 33,863 2,671 5,495 8,538 3,203 11,188 2,660 1,465 2,994 3,274 10,217 Bonds 30,763 2,067 11,356 896 1,843 2,863 1,074 3,752 892 491 1,004 1,098 3,427 Total bought outright2 224,463 15,080 82,860 6,537 13,447 20,892 7,838 27,376 6,508 3,586 7,325 8,012 25,002 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 224,463 15,080 82,860 6,537 13,447 20,892 7,838 27,376 6,508 3,586 7,325 8,012 25,002 Total loans and securities 232,284 16,338 85,247 6,744 13,841 21,696 8,094 28,193 6,775 3,802 7,569 8,256 25,729 Items in process of collection 9,516 ^05 1,213 429 422 710 832 846 362 585 1,111 784 1,716 Bank premises 795 91 49 46 34 124 60 110 25 29 53 28 148 Other assets3 38,671 1,536 10,889 1,677 2,141 2,503 3,566 4,856 1,049 1,102 1,480 2,764 5,109 Interdistrict settlement account 0 + 255 +3,566 • 6 + 963 + 150 -2,095 -846 -503 -470 -1,144 +996 -876 TOTAL ASSETS 301,322 20,043 107,384 9,563 18,630 27,014 11,290 35,675 8,379 5,419 9,889 13,880 34,157 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 $ 5,275 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 275 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 $ 73 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 30, 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 245,910 17,536 88,996 7,208 16,540 22,742 6,749 31,254 6,919 3,891 7,482 10,948 25,644 Deposits Depository institutions 32,694 1,696 8,916 1,705 1,225 2,984 3,136 2,612 935 778 1,099 1,793 5,817 U.S. Treasury—general account 4,420 0 4,420 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 207 6 98 7 8 9 15 19 4 5 6 11 20 Other 377 1 263 2 3 22 1 77 0 5 2 1 1 Total deposits 37,699 1,702 13,696 1,713 1,236 3,015 3,152 2,707 939 787 1,107 1,805 5,839 Deferred credit items 8,507 422 935 351 413 662 801 750 301 548 1,016 631 1,677 Other liabilities and accrued dividends l 4,131 186 2,333 86 166 261 108 346 82 49 93 103 319 TOTAL LIABILITIES 296,248 19,846 105,961 9,357 18,355 26,680 10,811 35,057 8,241 5,276 9,698 13,487 33,478 CAPITAL ACCOUNTS Capital paid in 2,339 86 639 98 126 147 232 285 63 68 90 188 319 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 493 29^ 176 8 26 48 28 55 13 jr_ 13^ 34 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 301,322 20,043 107,384 9,563 18,630 27,014 11,290 35,675 8,379 5,419 9,889 13,880 34,157 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 285,846 20,041 95,010 9,033 18,936 26,567 10,458 34,197 8,739 4,723 9,810 14,339 33,993 Less—Held by F.R. Banks 39,936 2,505 6,013 1,826 2,396 3,824 3,709 2,943 1,820 832 2,327 3,391 8,349 F.R. notes, net 245,910 17,536 88,996 7,208 16,540 22,742 6,749 31,254 6,919 3,891 7,482 10,948 25,644 Collateral held against F.R. notes Gold certificate account 11,065 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 226,327 Total collateral 245,910 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