H.4.1 Factors Affecting Reserve Balances of Depository Institutions

••;&!&: FEDERAL RESE RVE These data are scheduled for release ea ch Thursday. The exact time of each release wiii be announced, when ••?f^fj?rf:the information is available, on (202) 452 -3203. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 6, 1990 Millions of dollars Averac les of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Changs froir week ended Nednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 4, 1990 Jun 27, 1990 Jul 5, 1989 Jul 4, 1990 Reserve Bank credit1 2 279,629 + 1,732 + 12,359 280,079 U.S. government securities Bought outright--system account 231,276 + 1,700 + 2,309 231,299 Held under repurchase agreements 0 0 - 425 0 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 0 0 - 96 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 62 - 13 - 57 81 Seasonal credit 368 + 22 - 125 363 Extended credit 157 - 46 - 4 137 Float 891 + 344 + 577 1,596 Other F.R. assets 40,430 - 276 + 10,389 40,157 Gold stock 11,065 0 + 1 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,041 + 14 + 830 20,041 Total factors supplying reserve funds 319,253 1,746 _ 13,190 319,703 Currency in circulation* 267,736 + 2,268 + 18,117 269,117 Treasury cash holdings* 579 + 1 • 104 577 Deposits, other than reserve balances, with F.R. Banks Treasury 5,580 • 217 - 5,634 5,989 Foreign 287 * 21 + 38 239 Service-related balances and adjustments3 1,851 - 105 - 451 1,851 Other 278 - 50 + 39 224 Other F.R. liabilities and capital 9,136 - 489 + 970 9,116 Total factors, other than reserve balances, absorbing reserve funds 285,448 + 1,862 + 13,183 287,113 Reserve balances with F.R. Banks4 33,805 - 116 + 7 32,590 On July 4, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 227,069 million, a change of - $ 298 million for the week. 1 Net of $ 3,608 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,608 million was with foreign official and international accounts. Includes securities loaned-fufly secured by U.S. government securities. 2 Net of $ 3,586 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,586 million was with foreign official and international accounts. Includes S 221 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,775 million and adjustments of $ 76 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 ** HHeeddnneessddaayy Wednesday Wednesday Jul 4, 1990 Jun 27, 1990 Jul 5, 1989 ASSETS Gold certificate account 11,065 0 - 1 Special drawing rights certificate account 8,518 0 0 Coin 457 - 17 + 29 - _ Loans 581 28 84 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 108,754 + 321 + 7,122 Notes 91,782 0 - 531 Bonds 30,763 0 + 349 Total bought outright2 231,299 • 321 + 6,940 Held under repurchase agreements1 0 0 0 Total U.S. government securities 231,299 • 321 + 6,940 Total loans and securities 238,326 + 293 • 6,648 Items in process of collection (1,174) 9,369 • 3,446 + 3,072 Bank premises 828 + 2 • 62 Other assets3 39,395 - 519 • 9,771 TOTAL ASSETS (1,174) 307,958 + 3,206 • 19,581 LIABILITIES Federal Reserve notes 250,110 • 3,010 •¥ 17,485 Deposits Depository institutions 34,506 - 2,305 - 1,179 U.S. Treasury—general account 5,989 + 74 - 762 Foreign—official accounts 239 + 49 • 24 Other 224 - 90 - 4 Total deposits 40,958 - 2,273 - 1,921 Deferred availability cash items (1,174) 7,774 + 2,761 • 2,799 Other liabilities and accrued dividends4 33,,771144 - 597 612 TOTAL LIABILITIES ((11,,117744)) 330022,,555566 + 2,901 ++ 18,975 CAPITAL ACCOUNTS Capital paid in 2,346 + 2 + 195 Surplus 2,243 0 • 131 Other capital accounts 813 + 303 + 280 * 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 $ 2,567 million was outstanding at the end of the latest statement week. 2 Net of $ 3,586 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 221 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 $ 69 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, JULY 4, 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 Hithin 15 days 322 0 WWiitthhiinn 1155 ddaayyss 1122,,119933 438 40 185 16 days to 90 days 259 0 1166 ddaayyss ttoo 9900 ddaayyss 5555,,225544 + 2,967 867 + 195 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6677,,883388 2,721 1,396 10 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,999955 + 513 2,846 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,661177 0 1,109 0 OOvveerr 1100 yyeeaarrss 2266,,440022 0 188 0 Total 581 0 TToottaall 223311,,229999 + 321 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 FEDERALRESERVE BANK ON JULY 4, 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 457 38 17 35 28 77 43 26 36 14 34 32 78 Loans 581 15 6 34 9 134 18 33 117 163 17 5 30 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 108,754 7,306 40,147 3,167 6,515 10,122 3,798 13,264 3,153 1,737 3,549 3,882 12,114 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 231,299 15,539 85,384 6,736 13,857 21,528 8,077 28,210 6,707 3,695 7,548 8,256 25,763 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 231,299 15,539 85,384 6,736 13,857 21,528 8,077 28,210 6,707 3,695 7,548 8,256 25,763 Total loans and securities 238,326 15,987 87,770 6,958 14,252 22,262 8,320 29,029 7,011 3,961 7,775 8,491 26,511 Items in process of collection 10,543 546 1,378 471 487 754 1,124 982 344 551 1,219 823 1,865 Bank premises 828 91 52 45 34 124 60 110 25 29 53 56 148 Other assets3 39,395 1,577 11,108 1,765 2,176 2,556 3,569 4,990 1,067 1,114 1,533 2,786 5,154 Interdistrict settlement account 0 + 928 +6,117 -742 +608 -1,351 -124 -2,135 -964 -655 -1,557 + 995 -1,121 TOTAL ASSETS 309,132 20,447 112,846 9,163 18,781 26,175 13,787 35,479 8,156 5,370 9,841 14,200 34,887 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 $ 2,567 million was outstanding at the end of the latest statement week. 2 Net of $ 3,586 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 221 million securities Icaned-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 $ 69 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 JULY 4, 1990 MifJsons 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 250,110 17,578 93,519 7,150 16,659 21,878 8,576 31,092 6,772 3,863 7,298 11,133 24,593 Deposits Depository institutions 34,506 2,017 8,555 1,376 1,226 3,023 3,754 2,525 891 767 1,025 1,849 7,499 U.S. Treasury—general account 5,989 0 5,989 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 239 6 129 7 8 9 15 19 4 5 6 11 20 Other 224 1 95 1 1 24 2 77 0 6 8 8 2 Total deoosits 40,958 2,023 14,768 1,384 1,235 3,056 3,771 2,620 895 777 1,039 1,868 7,521 Deferred credit items 8,948 437 1,098 327 426 621 848 759 261 533 1,212 706 1,719 Other liabilities and accrued dividends1 3,714 191 1,914 87 167 261 102 350 81 48 94 102 316 TOTAL LIABILITIES 303,730 20,230 111,300 8,948 18,486 25,817 13,297 34,821 8,009 5,222 9,642 13,808 34,149 CAPITAL ACCOUNTS Capital paid in 2,346 85 642 96 128 145 232 286 63 68 89 183 328 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 813 49 297 19 43 73 39 91 22 12 21 39 108 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 309,132 20,447 112,846 9,163 18,781 26,175 13,787 35,479 8,156 5,370 9,841 14,200 34,887 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 288,769 19,914 98,301 8,978 18,935 26,083 11,933 34,534 8,587 4,623 9,610 14,179 33,091 Less—Held by F.R. Banks 38,658 2,336 4,782 1,828 2,277 4,205 3,357 3,442 1,815 760 2,312 3,047 8,498 F.R. rotes, net 250,110 17,578 93,519 7,150 16,659 21,878 8,576 31,092 6,772 3,863 7,298 11,133 24,593 Collateral held against F.R. notes Gold certificate account 11,065 Special drawing rights certificate account 8,518 Oth^r eligible assets 0 ii.S. govt, and agency securities 230,527 Total collateral 250,110 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