H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;o*co 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. • :MLRE' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R, Banks July 19, 1990 Millions of dollars i Averac> es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 18, 1990 Jul 11, 1990 Jul .L 9, 1989 Jul 18, 1990 Reserve Bank credit1 2 279,317 - 3,470 4- 19,155 277,174 U.S. government securities Bought outright—system account 230347 • 402 * 8,921 229,255 Held under repurchase agreements 711 « 2,519 * 711 0 Federal agency obligations Bought outright 6,446 - 1 - 208 6,446 Held under repurchase agreements 240 ~ 997 • + 240 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 35 * 16 - 22 22 Seasonal credit 380 * 30 - 125 387 Extended credit 249 + 43 •f 124 242 Float 426 - 481 - 96 539 Other F.R. assets 40,484 * 36 + 9,611 40,284 Gold stock 11,065 0 - 1 11,065 Special drawing rights certificate account 8.518 0 0 8,518 Treasury currency outstanding 20,075 + 14 + 836 20,075 Total factors supplying reserve funds 318,975 - 3,456 „. — 19,990 316,832 Currency in circulation* 269,506 - 501 •f 19,375 . 269,232 Treasury cash holdings* 573 - 4 • 109 559 Deposits, other than reserve balances, with F.R. Banks Treasury 5,108 - 865 - 47 5,156 Foreign 221 - 41 * 11 190 Service-related balances and adjustments3 2,032 * 10 + 359 2,032 Other 229 + 31 * 1 193 Other F.R. liabilities and capital __ 9,136 « 165 * 1,221 8,823 Total factors, other than reserve balances. absorbing reserve funds 286,805 ~ 1,535 * 21.028 286,185 Reserve balances with F.R. Banks4 32,170 - 1,921 - 1,037 30,647 - - - . — _ _ _J On July 18, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 228,606 million, a change of 4- $ 1,857 million for the week. 1 Met of $ 4,578 miHion, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,573 million was with foreign official and international accounts Includes securities loaned-fully secured by U.S. government securities. 2 Met of $ 5,698 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,698 million was with foreign official and in ernational accounts. Includes $ 41 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,775 million and adjustments of $ 257 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 Chanac since ** NNeeddnneessddaayy Wednesday Wednesday Jul 18, 1990 Jul 11, 1990 Jul 19, 1989 ASSETS Gold certificate account 11,065 0 2 Special drawing rights certificate account 8,518 0 0 Coin 455 • 5 • 26 Loans 651 • 23 + 19 Acceptances 0 0 0 Federal agency obligations Bought outright 6,446 0 208 Held under repurchase agreements1 0 - 1,774 0 U.S. government securities Bought outright—Bills 106,710 - 1,026 • 9,614 Notes 91,782 0 518 Bonds 30,763 0 • 349 Total bought outright2 229,255 - 1,026 • 9,445 Held under repurchase agreements1 000 -- 33,,997722 0 Total U.S. government securities 222222999,,,222555555 44,,999977 • 9,4H5 Total loans and securities 222333666,,,333555222 - 6,748 + 9,257 - Items in process of collection (790) 6,022 331 1,352 Bank premises 828 - 1 + 61 Other assets3 3399,,444433 - 277 + 9,642 TOTAL ASSETS ((779900)) 330022,,668844 - 7,352 • 17,633 LIABILITIES Federal Reserve notes 250,172 - 906 + 18,871 Deposits Depository institutions 32,871 - 6,501 1,604 U.S. Treasury—general account 5,156 + 487 + 172 Foreign—official accounts 190 - 86 52 Other 119933 - 19 61 Total deposits 3388,,441100 - 6,118 1,544 Deferred availability cash items (790) 5,279 - 22 862 Other liabilities and accrued dividends4 3,609 - 461 + 684 TOTAL LIABILITIES (790) 297,470 - 7,507 + 17,149 CAPITAL ACCOUNTS Capital paid in 2,369 4 20 + 207 Surplus 2,243 0 + 131 Other capital accounts 602 + 135 • 146 * 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 S 5,693 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 41 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 $ 28 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 tota s due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JULY 18, 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 rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings chanaes changes Within 15 days 599 0 WWiitthhiinn 1155 ddaayyss 8,455 2,816 223322 1,659 16 days to 90 days 52 0 1166 ddaayyss ttoo 9900 ddaayyss 53,875 2,424 664400 110 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 71,174 + 506 11,,440066 5 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 57,548 447 22,,885511 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 11,801 + 185 11,,112288 0 OOvveerr 1100 yyeeaarrss 26,402 0 118888 0 Total 651 0 TToottaall 229,255 4,997 66,,4444bb 1,774 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 18,1 990 Millions of dollars Kansas San Iota! Boston Hew York Ph ladelphia Cleveland Richmond Aiiania Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,065 750 3,508 384 688 1,008 465 1,377 346 203 422 505 1,329 Special drawing rights certif. acct. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 455 35 16 34 30 80 43 26 35 13 33 33 7S Loans 651 1 0 6 9 221 32 36 128 172 19 10 17 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,446 433 2,379 188 306 600 225 786 187 X03 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 106,710 7,169 39,392 3,108 6,393 9,932 3,726 13,015 3,094 1,705 3,482 3,809 11,866 Notes 91,782 6,166 33,80X 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 llll,,3355ii 889966 11,,884433 22,,886633 11,,007744 33,,775522 889922 449911 11,,000044 11,,009988 3,427 Total bought outright2 229,255 15,402 8844~~,,662299 66,,667766 1133,,773344"" 2211,,333388 88,,000066 2277,,996611 66,,664477 33,,666622 77,,448822 88,,118833 25,535 Held under repurchase agreements1 0 0 0 0 0 000 000 000 000 000 000 000 0 Total U.S. govt, securities 229,255 1155,,440022 8844,,662299 66,,667766 1133,,773344 222111,,,333333888""" 888,,,000000666 222777,,,999666111""" 666,,,666444777 333,,,666666222 777,,,444888222 888,,,111888333 25,535 Total loans and securities 236,352 1155,,SS3366~~ 8877,,000099 66,,887700 1144,,112299 222222,,,111555888 888,,,222666333 222888,,,777888333 666,,,999666333 333,,,999333777 777,,,777111111 888,,,444222222 26,271 Items in process of collection 6,812 303 1,035 349 278 483 623 664 211 368 669 526 1,305 Bonk premises 828 91 52 45 34 124 59 110 25 30 53 56 149 Other assets3 39,443 1,589 11,199 1,725 2,188 2,599 3,570 4,919 1,069 1,115 1,509 2,790 5,172 Interdistrict settlement account 0 +864 ++55,,776600 --556611 ++11,,221199 --22,,443399 ++ 9988 --11,,009988 --11,,000011 --889977 --11,,446666 ++11,,001177 -1,495 TOTAL ASSETS 303,474 19,998 111111,,447766"" 99,,009933 1199,,007744 2244,,775588 1133,,445511 3355,,888811 VV,,993399~~ 44,,992211 99,,229922"" 1133,,886622 33,729 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 $ 5,698 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 41 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 $ 28 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 18, 1990 Millions of dollars Kansas Son Total Boston Ncv York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 250,172 17,499 94,730 7,114 16,861 21,247 8,309 31,671 6,635 3,799 7,242 11,068 23,996 Deposits Depository institutions 32,871 1,804 7,410 1,390 1,500 2,443 3,953 2,635 887 543 1,069 1,777 7,460 U.S. Treasury—general account 5,156 0 5,156 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 190 6 81 7 8 9 15 19 4 5 6 11 20 Other 1°3 0 110088 11 22 2299 11 3311 00 55 66 77 2 Total deposits 38,410 1,810 1122,,775555 11,,339988 11,,551100 22,,448822 33,,996688 22,,668855 889911 555522 11,,008811 11,,779966 7,483 Deferred credit items 6,069 294 772 285 245 425 568 529 190 374 675 504 1,210 Other liabilities and accrued dividends1 3,609 195 1,758 88 117733 226699 110066 336611 8855 50 97 105 322 TOTAL LIABILITIES 298,260 19,798 110,014 8,885 1188,,778899~~ 2244,,442233 1122,,995511"" 3355,,224455 77,,880011 4,776 9,096 13,472 33,011 CAPITAL ACCOUNTS Capital paid in 2,369 85 643 96 129 146 243 290 63 68 89 185 332 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 602 31 212 12 33 4499 3377 6655 1144 1100^^ 1199 3344 85 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 303,474 19,998 111,476 9,093 19,074 24,758 13,451 35,881 7,939 4,921 9,292 13,862 33,729 FLDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 290,109 20,026 99,128 8,972 19,257 25,909 11,921 35,496 8,498 4,597 9,582 14,076 32,645 Less—Held by F.R. Banks 39,937 22,,552277 44,,339999 11,,885533 22,,339966 44,,666622 33,,661122 33,,882255 11,,886633 779988 22,,334411 33,,000077 8,649 F.R. notes, net 250,172 1177"",, 449999 9944,,773300 77,,111144 1166,,886611"" 2211,,224477 88,,330099 3311,,667711 66,,663355 33,,779999 77,,224422 1111,,006688 23,996 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 230,588 Total collateral 250,172 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