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 •f^TO? the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 21, 1990 Millions of dollars Averac jes of daily figures Reserve balances of depository institutions at HeeK ended Change fromi week ended Hednesday F.R. Banks, Reserve Bank credit, and related items Jun 20, 1990 Jun 13, 1990 Jun 21, 1989 Jun 20, 1990 Reserve Bank credit1 2 276,828 - 3,309 • 14,603 276,750 U.S. government securities Bought outright—system account 228,982 • 1,185 • 4,339 229,101 Held under repurchase agreements 0 - 2,550 0 0 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 0 - 907 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 34 - 707 - 75 48 Seasonal credit 312 • 31 - 126 332 Extended credit 164 - 352 - 228 171 Float 525 - 47 - 1,086 221 Other F.R. assets 40,365 • 38 • 11,987 40,432 Gold stock 11,065 0 • 4 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,013 • 14 822 20,013 ••• Total factors supplying reserve funds 316,424 - 3,295 _ 15,429 316,347 Currency in circulation* 265,816 - 85 • 18,106 265,731 Treasury cash holdings* 582 - 4 • 94 578 Deposits, other than reserve balances, with F.R. Banks Treasury 5,003 • 429 - 4,271 5,944 Foreign 233 + 16 - 9 223 Service-related balances and adjustments3 2,028 + 118 • 99 2,028 Other 302 • 72 • 4 242 Other F.R. liabilities and capital 9,553 - 679 • 1,383 9,365 Total factors, other than reserve balances, absorbing reserve funds 283,516 - 133 • 15,405 284,111 Reserve balances with F.R. Banks4 32,908 - 3,162 • 23 32,235 On June 20,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 230,141 million, a change of - $ 1,571 million for the week. 1 Net of $ 4,734 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,734 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,371 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,371 million was with foreign official and international accounts. Includes $ 21 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,764 million and adjustments of $ 263 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 Jun 20, 1990 Jun 13, 1990 Jun 21, 1989 ASSETS Gold certificate account 11,065 0 + 4 Special drawing rights certificate account 8,518 0 0 Coin 474 • 5 • 25 Loans 550 - 5,098 - 282 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 0 - 208 Held under repurchase agreements2 0 - 1,053 0 U.S. government securities Bought outright—Bills 106,556 • 1,245 - 870 Notes 91,782 0 - 540 Bonds 30,763 0 • 349 Total bought outright2 229,101 • 1,245 - 1,061 Held under repurchase agreements1 0 - 1,032 0 Total U.S. government securities 229,101 • 212 - 1,061 Total loans and securities 236,098 - 5,938 - 1,550 Items in process of collection (785) 5,937 • 414 . 1,684 Bank premises 825 0 • 58 Other assets3 3399,,557777 - 45 •• 11,361 TOTAL ASSETS ((778855)) 330022,,449944 - 5,565 •• 8,214 LIABILITIES Federal Reserve notes 246,770 - 412 • 17,535 Deposits Depository institutions 34,359 - 5,841 • 3,571 U.S. Treasury—general account 5,944 • 653 - 13,878 Foreign—official accounts 223 0 • 20 Other 242 • 18 - 25 Total deposits 40,768 - 5,170 - 10,312 Deferred availability cash items (785) 5,590 • 305 - 391 Other liabilities and accrued dividends* 44,,227777 - 265 972 TOTAL LIABILITIES ((778855)) 229977,,440066 - 5,542 7,805 CAPITAL ACCOUNTS Capital paid in 2,344 - 1 • 199 Surplus 2,243 0 + 131 Other capital accounts 500 - 22 • 78 * 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 $ 5,371 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 21 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 $ 86 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 20, 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 Meekly Meekly Holdings Holdings changes changes Hithin 15 days 516 0 HHiitthhiinn 1155 ddaayyss 11,332 + 3,86c 195 868 16 days to 90 days 34 0 1166 ddaayyss ttoo 9900 ddaayyss 51,726 3,755 679 185 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 70,543 • 100 1,418 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 57,482 0 2,849 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 11,617 0 1,117 0 OOvveerr 1100 yyeeaarrss 26,402 0 188 0 Total 550 0 TToottaall 229,101 • 212 6,446 1,053 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 20, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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. sect. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 474 38 18 31 35 84 41 30 36 15 37 34 76 Loans 550 15 0 14 9 156 24 34 85 150 22 6 35 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 106,556 7,159 39,335 3,103 6,384 9,918 3,721 12,996 3,090 1,702 3,477 3,803 11,869 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 229,101 15,391 84,573 6,672 13,725 21,323 8,000 27,942 6,643 3,660 7,477 8,177 25,518 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 229,101 15,391 84,573 6,672 13,725 21,323 8,000 27,942 6,643 3,660 7,477 8,177 25,518 Total loans and securities 236,098 15,840 86,952 6,873 14,120 22,079 8,249 28,762 6,915 3,913 7,709 8,413 26,272 Items in process of collection 6,722 338 844 343 308 486 558 487 234 425 758 564 1,378 Bank premises 825 90 50 46 34 124 60 110 25 29 53 55 149 Other assets3 39,577 1,587 11,189 1,714 2,192 2,575 3,608 4,987 1,072 1,124 1,512 2,811 5,205 Interdistrict settlement account 0 • 734 •5,547 -468 •1,073 -1,079 -1,393 -1,355 -803 -763 -1,413 •803 -883 TOTAL ASSETS 303,279 19,907 111,006 9,171 18,959 26,021 11,918 35,498 8,115 5,100 9,440 13,697 34,447 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 $ 5,371 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 21 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 $ 86 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

n.4.i ic; STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JUNE 20, 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 246,770 17,502 92,104 7,072 16,496 22,143 7,256 31,017 6,667 3,878 7,328 10,854 24,453 Deposits Depository institutions 34,359 1,678 8,123 1,550 1,688 2,811 3,478 2,842 998 597 1,091 1,849 7,656 U.S. Treasury—general account 5,944 0 5,944 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 242 1 119 1 1 16 1 89 0 5 2 7 2 Total deposits 40,768 1,685 14,299 1,557 1,697 2,835 3,493 2,949 1,003 606 1,099 1,867 7,678 Deferred credit items 6,375 329 787 239 318 441 577 547 224 422 723 484 1,285 Other liabilities and accrued dividends1 4,277 196 2,389 92 173 274 113 365 85 52 98 109 330 TOTAL LIABILITIES 298,191 19,711 109,580 8,961 18,684 25,694 11,440 34,878 7,979 4,958 9,248 13,314 33,745 CAPITAL ACCOUNTS Capital paid in 2,344 85 639 99 126 145 232 286 63 68 89 185 327 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 500 27 179 11 26 42 28^ 54^ 12^ 1_ 14^ 28[ 72 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 303,279 19,907 111,006 9,171 18,959 26,021 11,918 35,498 8,115 5,100 9,440 13,697 34,447 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 287,921 20,021 97,701 8,924 18,930 26,424 11,017 34,498 8,650 4,681 9,712 14,144 33,217 Less—Held by F.R. Banks 41,150 2,520 5,597 1,852 2,435 4,281 3,761 3,481 1,983 803 2,384 3,290 8,764 F.R. notes, net 246,770 17,502 92,104 7,072 16,496 22,143 7,256 31,017 6,667 3,878 7,328 10,854 24,453 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 227,187 Total collateral 246,770 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