H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE statistical release H.4.1 NOTICE Because of the Independence Day holiday, the H.4.1 statistical release (Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks) will be published on Friday, July 6, instead of Thursday, July 5. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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. H4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 28, 1990 Millions of dollars Averages of daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 27, 1990 Jun 20, 1990 Jun i> 8, 1989 Jun 27, 1990 Reserve Bank credit1 2 277,919 4 1,091 + 6,821 279,952 U.S. government securities Bought outright—system account 229,576 4 594 - 1,045 230,978 Held under repurchase agreements 0 0 - 1,277 0 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 0 0 - 333 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 74 4 41 - 241 84 Seasonal credit 345 • 33 - 151 356 Extended credit 202 + 38 4 21 168 Float 572 + 47 - 992 1,081 Other F.R. assets 40,703 + 338 + 11,046 40,839 Gold stock 11,065 0 4 4 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,027 + 14 4 826 20,027 Total factors supplying reserve funds 317,530 • 1,105 _ 7,651 319,562 - Currency in circulation* 265,468 348 4 18,170 266,074 Treasury cash holdings* 578 - 4 4 92 580 Deposits, other than reserve balances, with F.R. Banks Treasury 5,364 + 361 - 12,979 5,915 Foreign 266 4 33 4 51 189 Service-related balances and adjustments3 1,946 - 81 - 11 1,947 Other 328 4 26 0 314 Other F.R. liabilities and capital 9,625 4 73 4 1,408 9,409 Total factors, other than reserve balances. absorbing reserve funds 283,576 4 59 4 6,731 284,427 Reserve balances with F.R. Banks* 33,954 4 1,046 4 921 35,135 On June 27, 1990, marketable U.S. government sec irities held in custody by the Federal Reserve Banks for foreign official and international accounts were S 227,365 million, a change of - $ 2,776 million for the week. 1 Net of $ 5,115 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,115 million was with foreign official and international accounts. Includes securities loaned-fully secured by US. government securities. 2 Net of $ 3,907 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,907 million was with foreign official and international accounts. Includes $ 168 million securities toaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,764 million and adjustments of $ 182 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 s i nee Wednesday Wednesday Wednesday Jun 27, 1990 Jun 20, 1990 Jun 28, 1989 ASSETS Gold certificate account 11,065 0 3 Special drawing rights certificate account 8,518 0 0 Coin 474 0 25 Loans 608 58 1,151 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 108,433 1,877 107 Notes 91,762 0 540 Bonds 30,763 0 349 Tot^l bought outright2 230,978 1,877 84 Held under repurchase agreements1 0 0 0 Total U.S. government securities 230,978 1,877 84 Total loans and securities 238,032 1,935 1,443 Itettrs in process of collecticn (611) 5,923 14 817 Bank premises 825 0 58 Other assets3 39>914 338 9,976 TOTAL ASSETS (611) 304,7~52 2,258 7,803 LIABILITIES Federal Reserve notes 247>101 330 17,435 Deposits Depository institutions 36,812 + 2,453 • 2,751 U.S. Treasury-—general account 5,915 - 30 - 13,329 Foreign—official accounts 189 - 34 - 98 Other 314 • 72 - 13 Total deposits 43,230 * 2,462 - 10,689 Deferred availability cash items (611) 5,012 - 578 - 390 Other liabilities and accrued dividends* 4>311 4 34 + 1,053 TOTAL LIABILITIES (811) 299,655 2,248 7,410 CAPITAL ACCOUNTS Capital paid in 2,344 1 199 Surplus 2,243 0 131 Other capital accounts 511 10 64 * 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 $ 2,003 million was outstanding at the end of the latest statement week. 2 Net of $ 3,907 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 168 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 no» add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JUNE 27, 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 Heekly Holdings Holdings changes changes Hithin 15 days 559 0 HHiitthhiinn 1155 ddaayyss 1122,,663311 + 1,298 225 • 30 16 days to 90 days 49 0 1166 ddaayyss ttoo 9900 ddaayyss 5522,,228877 + 561 672 7 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,556600 + 17 1,406 12 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,448822 0 2,846 3 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,661177 0 1,109 8 OOvveerr 1100 yyeeaarrss 2266,,440022 0 188 0 Total 608 0 TToottaall 223300,,997788 + 1,877 . 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 BAIJK ON JUNE 27, 19S0 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 3,508 384 686 1,008 465 1,377 346 203 422 585 1,329 Special drawing rights certif. acci. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 474 37 18 34 34 82 44 28 36 15 35 33 11 Loans 608 11 0 21 9 177 27 49 100 160 24 10 18 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 108,433 7,285 40,028 3,158 6,496 10,092 3,787 13,225 3,144 1,732 3,539 3,870 12,078 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 889966 11,,884433 22,,886633 11,,007744 33,,775522 889922 449911 11,,000044 11,,009988 3,427 Total bought outright2 230,978 15,517 85,265 66,,772277"" 1133,,883377 2211,,449988 88,,006666~~ 2288,,117711"" 66,,669977 33,,669900 77,,553388"" 88"",,''224444 25,727 Held under repurchase agreements1 0 0 0 0 000 0 000 000 000 000 000 000 0 Total U.S. govt, securities 230,978 15,517 85,265 66,,772277 111333,,,888333 777""" 2211,,449988 888,,,000666666 222888,,,111777111 666,,,666999777 333,,,666999000""" 777,,,555333888 888,,,222444444 25,727 Total loans and securities 238,032 15,962 87,645 66,,993366~~ 111444,,,222333333 2222,,227755 888,,,333111888 222999,,,000000666 666,,,999888555 333,,,999555333 777,,,777777222 888,,,444888555 26,464 Items in process of collection 6,734 322 862 383 260 400 602 616 270 355 677 609 1,379 Bank premises 825 90 50 46 34 124 60 110 25 29 53 56 148 Other assets3 39,914 1,602 11,314 1,743 2,211 2,602 3,622 5,027 1,083 1,129 1,524 2,827 5,229 Interdistrict settlement account 0 +677 •6,725 -500 •536 --11,,773311 --224499 --11,,558833 --11,,004466 --773333 --11,,557711 ++11,,449988 -2,023 TOTAL ASSETS 305,563 19>:72 113,019 9,273 18,504 2255,,550033 1133,,119911 3355,,668811 77,,999900 55,,110044 99,,227744 1144,,552266 33,525 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 $ 2,003 million was outstanding at the end of the latest statement week. 2 Net of $ 3,907 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 168 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

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JUNE 27, 1990 Millions of dollars Total j Boston New York Philadelphia Cleveland Richmond T CChhiiccaaggoo St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co Atlanta j LIABILITIES Federal Reserve notes 247,101 17,357 92,456 6,997 16,339 21,846 8,214 30,745 6,659 3,839 7,252 10,954 24,443 Deposits Depository institutions 36,812 1,929 9,790 1,706 1,462 2,666 3,832 2,302 940 698 1,103 2,582 6,801 U.S. Treasury—general account 5,915 0 5,915 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 189 6 80 7 8 9 15 19 4 5 6 11 20 Other 314 0 190 11 22 1122 11 9900 00 55 44 88 1 Total deposits 43,230 1,935 15,975 11,, 771144 11,,447722 22,,668877 ""33,,88^^yy ~~""''YY,,''44ll66"" 994455 770088 11,,111133 2277660022** 6,823 Dei&rrGd credit items 5,824 289 724 265 245 369 538 54 £ 164 362 620 478 1,228 Other liabilities and accrued dividends1 4,311 193 2,438 87 117744 227722 111155 336622 8855 5522 9977 110099 231 TOTAL LIABILITIES 300,466 19,774 111,592" 9,062 1188,,222299 2255,,117744 1122,,771111 3355,,006600 77,,885522 44,,996611 99,,008822 1144,,114433"" 32,825 CAPITAL ACCOUNTS Capital paid in 2,344 85 642 96 126 145 232 287 63 68 90 183 328 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 511 29 177 15 26 44 2_9 5544 1133 88 1144 3300 70 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 305,563 19,972 113,019 9,273 18,504 25,503 13,191 35,681 7,990 5,104 9,274 14,526 33,525 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 288,282 19,882 97,922 8,951 18,827 26,140 11,829 34,346 8,620 4,635 9,629 14,232 33,270 Less—Held by F.R. Banks 41,181 2,525 5,466 1,954 2,488 4,294 3,615 33,,660011 11,,996611 779966 22,,337777 33,,227788 8,826 F.R. notes, net 247,101 17,357 92,456 6,997 16,339 21,846 8,214 " 3300,,774455 66,,665599 33,,883399 77,,225522 1100,,995544"" 24,443 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 227,518 Total collateral 247,101 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

Board of Governors of the POSTAGE AND FEES PAID r««krat Reserve System B^oaorfd o f OGoovvterrnnoonrs of the Federal Reserve System Washington, D.C. 20551 «a OfOOAl IUSINESS P***l»y (or Private UM, 4300 First Class Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis