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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks July 12, 1990 Millions of dollars Averages of daily f: gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frotrj week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 11, 1990 Jul 4, 1990 Jul 12, 1989 Jul 11, 1990 Reserve Bank credit1 2 282,798' + 3,169 + 16,642 284,244 i U.S. government securities Bought outright—system account 229,944 - 1,332 + 3,477 230,280 Held under repurchase agreements 3,230 + 3,230 + 2,521 3,972 Federal agency obligations Bought outright 6,446 0 - 208 6,446 Held under repurchase agreements 1,237 + 1,237 + 1,075 1,774 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 19 - 43 - 38 43 Seasonal credit 350 - 17 - 123 368 Extended credit 206 + 49 + 75 219 Float 928 + 37 - 235 420 Other F.R. assets 40,438 + 8 + 10,098 40,724 Gold stock 11,065 0 - 2 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,061 + 14 + 840 20,061 Total factors supplying reserve funds 322,442 _ 3,183 + 17,480 323,888 Currency in circulation* 270,006 + 2,264 + 18,645 270,113 Treasury cash holdings* 577 - 2 + 104 575 Deposits, other than reserve balances, with F.R. Banks Treasury 5,973 + 393 - 335 4,669 Foreign 262 - 25 + 26 276 Service-related balances and adjustments3 2,023 + 171 - 79 2,023 Other 199 - 80 - 27 212 Other F.R. liabilities and capital 9,302 + 166 + 971 9,128 Total factors, other than reserve balances, absorbing reserve funds 288,341 + 2,887 + 19,302 286,996 Reserve balances with F.R. Banks4 34,101 + 296 - 1,822 36,893 On July 11, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 226,749 million, a change of - $ 320 million for the week. 1 Net of $ 4,940 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,940 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,604 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,604 million was with foreign official and international accounts. Includes $ 443 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,775 million and adjustments of $ 247 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 Jul 11, 1990 Jul 4, 1990 Jul 12, 1989 ASSETS Gold certificate account 11,065 0 - 1 Special drawing rights certificate account 8,518 0 0 Coin 450 - 7 + 27 Loans 629 + 48 - 58 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 - 1 - 208 Held under repurchase agreements1 1,774 + 1,774 + 637 U.S. government securities Bought outright—Bills 107,736 - 1,018 + 2,225 Notes 91,782 0 - 531 Bonds 30,763 0 + 349 Total bought outright2 230,280 - 1,018 + 2,043 Held under repurchase agreements1 3,972 + 3,972 - 990 Total U.S. government securities 234,252 + 2,953 + 1,054 Total loans and securities 243,100 + 4,774 + 1,424 - - Items in process of collection (711) 6,354 3,015 636 Bank premises 828 + 1 • 61 Other assets3 39,720 + 325 + 9,644 TOTAL ASSETS (711) 310,035 + 2,077 + 10,519 LIABILITIES Federal Reserve notes 251,078 + 968 + 18,202 Deposits Depository institutions 39,371 + 4,865 - 7,447 U.S. Treasury—general account 4,669 - 1,320 - 762 Foreign—official accounts 276 + 38 + 92 Other 212 - 12 • 6 Total deposits 44,528 + 3,570 - 8,110 Deferred availability cash items (711) 5,301 - 2,472 - 629 Other liabilities and accrued dividends4 4,070 + 356 + 715 TOTAL LIABILITIES (711) 304,977 + 2,421 + 10,177 CAPITAL ACCOUNTS Capital paid in 2,348 + 3 + 190 Surplus 2,243 0 • 131 Other capital accounts 467 - 346 + 21 * 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 $ 1,292 million was outstanding at the end of the latest statement week. 2 Net of $ 4,604 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 443 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 $ 33 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 11, 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. gove rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Meekly Meekly Holdings Holdings changes changes Hiihin 15 days 499 0 HHiitthhiinn 1155 ddaayyss 1111,,227700 922 1,890 1,851 16 days to 90 days 130 0 1166 ddaayyss ttoo 9900 ddaayyss 5566,,330000 + 1,046 750 117 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,666688 + 2,830 1,411 + 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5577,,999955 0 2,851 + 5 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,661177 0 1,128 + 19 OOvveerr 1100 yyeeaarrss 2266,,440022 0 188 0 Total 629 0 TToottaall 223344,,225522 + 2,953 8,219 + 1,773 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 JULY 11, 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 450 35 16 33 31 78 42 24 35 13 33 33 78 Loans 629 2 21 9 10 204 26 40 116 165 14 6 17 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,446 433 2,379 188 386 600 225 786 187 103 210 230 718 Held under repurchase agreements1 1,774 0 1,774 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 107,736 7,238 39,771 3,138 6,454 10,027 3,762 13,140 3,124 1,721 3,516 3,845 12,000 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 230,280 15,471 85,008 6,706 13,796 21,433 8,041 28,086 6,677 3,679 7,515 8,219 25,650 Held under repurchase agreements1 3,972 0 3,972 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 234,252 15,471 88,979 6,706 13,796 21,433 8,041 28,086 6,677 3,679 7,515 8,219 25,650 Total loans and securities 243,100 15,906 93,153" 6,903 14,191 22,237 8,292 28,911 6,980 3,947 7,740 8,455 26,384 Items in process of collection 7,065 282 901 707 280 467 606 614 223 354 702 571 1,356 Bank premises 828 91 52 45 34 124 60 110 25 30 53 56 149 Other assets3 39,720 1,595 11,337 1,721 2,194 2,605 3,587 4,987 1,079 1,118 1,511 2,799 5,188 Interdistrict settlement account 0 +1,069 +2,369 -734 +1,323 -1,423 + 202 -640 -813 -624 -1,215 +1,614 -1,128 TOTAL ASSETS 310,747 20,259 114,233 9,305 19,250 25,841 13,584 36,483 8,166 5,194 9,608 14,547 34,277 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 $ 1,292 million was outstanding at the end of the latest statement week. 2 Net of $ 4,604 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 443 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 $ 33 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 11, 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 251,078 17,671 94,328 7,180 16,793 21,686 8,656 31,296 6,764 3,831 7,318 11,153 24,402 Deposits Depository institutions 39,371 1,893 10,628 1,543 1,738 3,082 3,758 3,629 1,006 793 1,294 2,392 7,615 U.S. Treasury—general account 4,669 0 4,669 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 276 6 167 7 8 9 15 19 4 5 6 11 20 Other 212 1 107 1 1 47 1 37 0 5 5 6 1 Total deposits 44,528 1,900 15,570 l,55l" 1,747 3,139" 3,773 3,685 1,010 803 1,305 2,409 7,637 Deferred credit items 6>013 294 747 281 254 417 565 518 169 365 693 497 1,213 Other liabilities and accrued dividends1 4,070 200 2,169 91 177 276 111 367 86 52 100 108 333 TOTAL LIABILITIES 305,688" 20,065 112,813 9,103 18,971 25,517 13,105 35,866 8,029 5,051 9,417 14,166 33,584 CAPITAL ACCOUNTS Capital paid in 2,348 85 642 96 129 146 232 286 63 68 89 183 328 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 467 25 170 6_ 26 39 28 50 12 7_ 14 27 63 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 310,747 20,259 114,233 9,305 19,250 25,841 13,584 36,483 8,166 5,194 9,608 14,547 34,277 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 289,304 19,997 98,822 9,023 18,998 25,998 11,963 34,758 8,541 4,615 9,580 14,115 32,894 Less—Held by F.R. Banks 38,226 2,326 4,494 1,842 2,205 4,312 3,306 3,462 1,777 784 2,262 2,962 8,492 F.R. notes, net 251,078 17,671 94,328 7,180~ 16,793 21,686 8,656 31,296 6,764 3,831 7,318 11,153 24,402 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 231,495 Total collateral 251,078 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