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. **l R£^> H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 7, 1990 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froir week ended Wednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt?? aanndd rreellaatteedd iitteemmss Jun 6, 1990 May !5 0, 1990 Jun 7, 1989 Jun 6, 1990 Reserve Bank credit1 2 276,990 * 3,659 + 16,146 278,786 U.S. government securities Bought outright—system account 227,394 + 2,452 • 33 227,329 Held under repurchase agreements 1,434 • 1,434 + 1,434 2,308 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 352 • 352 • 352 702 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 160 - 474 • 78 16 Seasonal credit 282 - 7 - 100 277 Extended credit 602 - 557 - 929 302 Float 278 - 164 - 781 1,109 Other F.R. assets 40,041 • 622 • 16,266 40,296 Gold stock 11,065 0 + 5 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 19,985 14 + 814 19,985 •f Total factors supplying reserve funds 316,558 __ 3,673 16,965 318,354 Currency in circulation* 265,321 + 1,531 • 17,492 265,538 Treasury cash holdings* 582 • 6 + 94 586 Deposits> other than reserve balances> with F.R. Banks Treasury 5,185 623 - 480 4,780 *• Foreign 268 + 52 - 28 223 Service-related balances and adjustments3 2,248 • 256 + 340 2,248 Other 282 - 293 - 59 241 Other F.R. liabilities and capital 10,010 + 624 + 2,269 9,827 Total factors> other than reserve balances, absorbing reserve funds 283,895 • 2,798 • 19,627 283,444 Reserve balances with F.R. Banks4 32,663 + 876 - 2,662 34,910 On June 6, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 227,961 million, a change of + $ 3,246 million for the week. 1 Net of $ 5,918 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,918 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,052 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,052 million was with foreign official and international accounts. Includes $ 7 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,771 million and adjustments of $ 477 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 | Nednesday Jun 6, 1990 1 May 30, 1990 Jun 7, 1989 ASSETS Gold certificate account 11,065 0 • 5 Special drawing rights certificate account 8,518 0 0 Coin 459 - 15 • 35 - - Loans 596 780 1,486 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 0 - 208 Held under repurchase agreements1 702 • 702 •¥ 702 U.S. government securities Bought outright—Bills 104,784 • 2,816 • 3,345 Notes 91,782 • 50 - 540 Bonds 30,763 0 + 349 Total bought outright2 227,329 + 2,866 • 3,154 Held under repurchase agreements1 2,308 •f 2,308 • 2,308 Total U.S. government securities 229,637 4- 5,174 • 5,462 Total loans and securities 237,381 • 5,097 • 4,470 - • Items in process of collection (783) 6,421 2,028 1,716 Bank premises 795 0 • 30 Other assets3 39,557 + 886 •f 16,691 TOTAL ASSETS (783) 304,196 • 3,940 + 19,515 LIABILITIES Federal Reserve notes 246,598 • 688 + 16,575 Deposits Depository institutions 36,574 • 3,880 • 1,931 U.S. Treasury—general account 4,780 + 360 - 427 Foreign—official accounts 223 + 16 - 6 Other 241 - 136 - 61 Total deposits ! 41,818 + 4,119 • 1,437 Deferred availability cash items (783) 5,953 - 1,488 - 540 Other liabilities and accrued dividends* 4,318 • 187 + 1,182 TOTAL LIABILITIES (783) 298,688 • 3,506 + 18,655 CAPITAL ACCOUNTS Capital paid in 2,336 - 2 + 193 Surplus 2,243 0 + 136 Other capital accounts 929 * 436 • 531 * 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 $ 6,052 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 7 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 $ 78 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, JUNE 6, 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 407 0 HHiitthhiinn 1155 ddaayyss 11,528 + 791 702 + 456 16 days to 90 days 188 0 1166 ddaayyss ttoo 9900 ddaayyss 54,658 + 5,465 844 + 280 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 67,951 869 1,402 14 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 57,482 21:5 2,895 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 11,617 0 1,117 0 OOvveerr 1100 yyeeaarrss 26,402 0 188 0 Total 596 0 TToottaall 229,637 • 5,174 7,148 + 702 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 JUNE 6, 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 11,065 750 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 459 37 16 30 33 82 38 31 34 16 36 31 74 Loans 596 161 0 9 8 147 9 22 82 127 15 9 7 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 702 0 702 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 104,784 7,040 38,681 3,052 6,277 9,753 3,659 12,780 3,038 1,674 3,420 3,740 11,671 Notes 91,782 6,166 33,881 2,673 5,498 8,542 3,205 11,194 2,661 1,466 2,995 3,276 10,223 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 227,329 15,272 83,918 6,620 13,619 21,158 7,938 27,726 6,592 3,631 7,419 8,114 25,321 Held under repurchase agreements1 2,308 0 2,308 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 229,637 15,272 86,227 6,620 13,619 21,158 7,938 27,726 6,592 3,631 7,419 8,114 25,321 Total loans and securities 237,381 15,866 89,308 6,817 14,013 21,905 8,173 28,534 6,861 3,861 7,644 8,353 26,046 Items in process of collection 7,204 399 925 372 312 490 612 651 218 383 711 678 1,453 Bank premises 795 91 49 46 34 124 60 110 25 29 53 28 148 Other assets3 39,557 1,562 11,106 1,694 2,351 2,539 3,589 4,932 1,063 1,117 1,501 2,800 5,302 Interdistrict settlement account 0 +1,060 -950 + 202 +973 +144 -845 -139 -468 -674 -1,046 •1,033 +711 TOTAL ASSETS 304,979 20,296 106,858 9,790 18,912 27,037 12,422 36,596 8,369 5,088 9,682 13,942 35,986 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 $ 6,052 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 7 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 $ 78 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 JUNE 6, 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 246,598 17,591 89,810 7,236 16,617 22,733 7,044 31,184 6,906 3,893 7,465 10,951 25,168 Deposits Depository institutions 36,574 1,970 7,097 1,951 1,521 3,167 4,110 3,708 1,042 587 1,197 1,845 8,379 U.S. Treasury—general account 4,780 0 4,780 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 223 6 114 7 8 9 15 19 4 5 6 11 20 Other 241 1 104 2 1 35 2 81 0 5 2 7 2 Total deposits 41,818 1,976 12,095 1,960 1,530 3,211 4,127 3,808 1,047 596 1,205 1,863 8,401 Deferred credit items 6,736 324 916 279 297 475 622 579 186 394 708 604 1,353 Other liabilities and accrued dividends1 4,318 192 2,493 89 168 263 107 354 82 49 95 105 321 TOTAL LIABILITIES 299,470 20,083 105,314 9,563 18,613 26,681 11,900 35,924 8,220 4,932 9,474 13,524 35,244 CAPITAL ACCOUNTS Capital paid in 2,336 85 639 99 126 147 232 285 63 68 90 185 319 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 929 45 297 28 50 70 72 108 24 21 31 63 121 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 304,979 20,296 106,858 9,790 18,912 27,037 12,422 36,596 8,369 5,088 9,682 13,942 35,986 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 286,166 20,030 95,634 8,997 18,917 26,554 10,649 34,155 8,695 4,710 9,776 14,284 33,767 Less—Held by F.R. Banks 39,568 2,438 5,824 1,761 2,300 3,821 3,605 2,971 1,789 817 2,310 3,333 8,599 F.R. notes, net 246,598 1177,,559911 89,810 7,236 1166,,661177 2222,,773333 77,,004444 3311,,118844 66,,990066 33,,889933 77,,446655 1100,,995511 25,168 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 227,015 Total collateral 246,598 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