H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday, 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 26, 1990 Millions of dollars Averages o f daily fii gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt &&ek eroded Change frorri week endmd Wednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 25, 1990 Jul 18, 1990 Jul 26, 1989 Jul 25, 1990 Reserve Bank credit1 2 278,757 „ 561 + 19,276 280,128 U.S. government securities Bought outright—system account 230,736 4- 390 + 10,983 229,431 Held under repurchase agreements 729 * 18 • 729 1,833 Federal agency obligations Bought outright 6,433 ., 12 - 176 6,414 Held under repurchase agreements 237 - 2 + 237 539 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 242 • 207 • 135 1,515 Seasonal credit 411 + 30 „ 102 425 Extended credit "347 • 99 * 292 389 Float 820 • 393 - 30 859 Other F.R. assets 38,801 - 1,683 * 7,206 38,723 Gold stock 11,065 - 1 - 1 11,064 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,089 4 14 4" 836 20,089 Total factors supplying reserve funds 318>429 - 548 " + 20,111 319,798 « Currency in circulation* 268,463 1,043 •f 19,610 268,271 Treasury cash holdings* 559 - 14 • 95 557 Deposits, other than reserve balances, with F.R. Banks Treasury 5,082 - 26 + 57 5,912 Foreign 251 •¥ 30 • 41 228 Service-related balances and adjustments3 2,154 • 122 * 158 2,154 Other 238 * 9 - 80 474 Other F.R. liabilities and capital 9,136 - 1 * 1,318 8,916 Total factors, other than reserve balances, absorbing reserve funds 285,882 - 923 4 21,198 286,513 Reserve balances with F.R. Banks4 32,547 • 376 - 1,086 33,284 On July 25,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 226,398 miliion, a change of - $ 2.208 million for the week. 1 Hei of $ 4,256 million, daily average, matched sale-purchase transactions outstanding during the Sates! statement week, of which a net of S 4,256 million was with foreign official and international accounts. Includes securities loaned-fully secured by US. government securities 2 Het of S 5.586 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,586 million was with foreign official and international accounts. Includes $ 0 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 1,775 million and adjustments of $ 37S million to compensate for float. 4 Excludes reqmreii 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 Chanoe since •• HHeeddnneessddaayy Hednesday hednesday Jul 25, 1990 Jul 18, 1990 1 Jul 26, 1989 ASSETS Gold certificate account 11,064 - 2 - 3 Special drawing rights certificate account 8,518 0 0 Coin 470 • 15 + 27 Loans 2,330 • 1,678 • 1,708 Acceptances 0 0 0 Federal agency obligations Bought outright 6,414 - 32 - 195 Held under repurchase agreements1 539 • 539 • 539 U.S. government securities Bought outright—Bills 106,886 • 176 • 9,702 Notes 91,782 0 - 518 Bonds 30,763 0 • 349 Total bought outright2 229,431 • 176 + 9,534 Held under repurchase agreements1 1,833 • 1,833 • 1,833 Total U.S. government securities 231,264 + 2,009 • 11,367 Total loans and securities 240,546 • 4,194 • 13,418 _ _ Items in process of collection (789) 5,421 602 813 Bank premises 828 0 • 61 Other assets3 37,926 - 1,517 • 6,599 TOTAL ASSETS (789) 304,772 + 2,089 • 19,289 LIABILITIES Federal Reserve notes 249,210 - 961 • 18,910 Deposits Depository institutions 35,235 •f 2,365 - 1,320 U.S. Treasury—general account 5,912 + 756 • 987 Foreign—official accounts 228 • 38 • 28 Other 447744 228811 - 9 Total deposits 4411,,885500 33,,444400 - 314 Deferred availability cash items (789) 4,796 - 483 - 633 Other liabilities and accrued dividends* 3,778 + 169 4 897 TOTAL LIABILITIES (789) 299,634 j • 2,164 • 18,860 CAPITAL ACCOUNTS Capital paid in 2,358 - 10 • 204 Surplus 2,243 0 • 131 Other capital accounts 537 i 65 + 94 * 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 $ 5.586 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 million securities Joaned-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 $ 20 million in Treasury bills maturing within 90 days 4 Includes exchange-translation account refiecting 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 25, 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 Neekly Neekly Holdings Holdings changes changes Mithin 15 days 2,255 0 HHiitthhiinn 1155 ddaayyss 10,699 • 2,245 654 • 422 16 days to 90 days 74 0 1166 ddaayyss ttoo 9900 ddaayyss 53,516 360 674 + 34 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 71,298 • 124 1,506 • 100 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 57,548 0 2,802 49 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 11,801 0 1,128 0 OOvveerr 1100 yyeeaarrss 26,402 0 188 0 Total 2,330 0 TToottaall 231,264 • 2,009 6,952 • 507 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 25, 1990 Millions of dollars Kansas San Totat Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,064 750 3,507 384 688 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 470 37 16 34 31 85 47 26 35 13 34 35 78 Loans 2,330 2 1,000 2 9 365 45 48 139 181 22 10 507 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,414 431 2,368 187 384 597 224 782 186 102 209 229 714 Held under repurchase agreements1 539 0 539 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Dills 106,886 7,181 39,457 3,113 6,403 9,948 3,732 13,036 3,099 1,707 3,488 3,815 11,905 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 11,,009988 3,427 Total bought outright2 229,431 15,414 84,694 6,682 13,744 21,354 8,012 27,982 6,653 3,665 7,487 88,,118899 25,555 Held under repurchase agreements1 1,833 0 1,833 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 231,264 15,414 8866,,552277 66,,668822 13,744 21,354 8,012 27,982 6,653 3,665 7,487 8,189 25,555 Total loans and securities 240,546 15,846 9900,,443344 66,,887700 14,138 22,316 8,280 28,812 6,977 3,949 7,718 8,428 26,777 Items in process of collection 6,210 319 705 255 251 430 586 607 169 340 753 620 1,175 Bank premises 828 91 53 45 34 123 59 110 25 30 53 56 149 Other assets3 37,926 1,535 10,854 1,663 2,104 2,484 3,400 4,703 1,026 1,063 1,442 2,657 4,994 Interdistrict settlement account 0 •358 •5,788 -468 •1,382 -2,719 • 293 -886 -961 -881 --11,,556688 ••22,,116633 -2,502 TOTAL ASSETS 305,562 19,467 114,253 9,032 19,135 24,471 13,460 35,849 7,908 4,870 99,,221177 1144,,997788 32,921 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 $ 5,586 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 20 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 25, 1990 Millions of dollars Kansas San Total | Boston New York Philadelphia C'eveland Richmond Atlanta Chicago Sf. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 249,210 17,212 94,875 7,021 16,705 20,587 8,711 31,504 6,583 3,739 7,129 11,227 23,918 Deposits Depository institutions 35,235 1,548 8,888 1,491 1,732 2,861 3,591 2,775 939 597 1,158 2,773 6,882 U.S. Treasury—general account 5,912 0 5,912 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 228 6 119 7 8 9 15 19 4 5 6 11 20 Other I 474 1 398 1 2 30 1 23 0 5 3 8 2 Total deposits 41,850 1,554 15,316 1,499 1,742 2,900 3,607 2,817 943 606 1,167 2,793 6,905 Deferred credit items 5,585 312 683 222 235 387 532 543 160 330 634 468 1,079 Other liabilities and accrued dividends1 3,778 192 1,948 87 170 226677 110066 335566 8844 5500 9966 110044 319 TOTAL LIABILITIES 300,423 19,270 112,821 8,828 18,852 2244,,114422~~ 1122,,995577 3355,,222200 77,,777700 44,,772266 99,,002255 1144,,559911~~ 32,221 CAPITAL ACCOUNTS Capital paid in 2,358 85 643 96 129 146 243 290 63 68 89 185 321 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 537 29 181 8 30 44 41 59 13 8 15 30 77 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 305,562 19,467 114,253 9,032 19,135 24,471 13,460 35,849 7,908 4,870 9,217 14,978 32,921 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 290,449 19,857 99,342 8,966 19,141 25,591 12,509 35,502 8,458 4,613 9,487 14,181 32,802 Less—Held by F.R. Banks 41,239 2,645 4,467 1,945 2,436 5,004 3,798 3,998 1,874 874 2,358 2,954 8,884 F.R. notes, net 249,210 17,212 94,875 7,021 16,705 20,587 8,711 31,504 6,583 3,739 7,129 11,227 23,918 Collateral held against F.R. notes Gold certificate account 11,064 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 229,629 Total collateral ] 249,210 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