H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.•oofcoi.;, 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. ,^L RE H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 2, 1990 Millions of dollars Averac >es of daily f:g ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change frotr week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 1, 1990 Jul 25, 1990 Aug 2, 1989 Aug 1, 1990 Reserve Bank credit1 2 277,517 - 1,252 • 18,334 278,250 U.S. government securities Bought outright—system account 231,172 + 435 • 12,576 232,207 Held under repurchase agreements 0 - 729 0 0 Federal agency obligations Bought outright 6,414 - 19 - 195 6,414 Held under repurchase agreements 0 - 237 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 89 - 154 • 11 23 Seasonal credit 434 • 23 - 75 437 Extended credit 390 • 43 • 334 400 Float 162 - 655 - 627 -148 Other F.R. assets 38,856 • 40 • 6,309 38,917 Gold stock 11,064 - 1 - 2 11,064 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,103 + 14 + 794 20»103 Total factors supplying reserve funds 317,201 - 1,239 19,124 317,935 Currency in circulation* 268,162 _ 301 + 19,461 268>731 Treasury cash holdings* 557 - 2 • 104 557 Deposits, other than reserve balances, with F.R. Banks Treasury 5,328 • 246 + 179 5,940 Foreign 217 - 34 - 48 206 Service-related balances and adjustments3 2,007 - 130 + 162 2,007 Other 308 • 70 • 17 239 Other F.R. liabilities and capital 9,207 * 71 + 1,092 9,334 Total factors, other than reserve balances, absorbing reserve funds 285,786 - 80 • 20,967 287,014 Reserve balances with F.R. Banks* 31,415 - 1,160 - 1,843 30,921 On August 1, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 228,665 million, a change of + $ 2,267 million for the week. 1 Net of $ 3,896 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,896 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,011 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,011 million was with foreign official and international accounts. Includes $ 147 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 1,760 million and adjustments of $ 246 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 ** NNeeddnneessddaayy Nednesday Nednesday Aug 1, 1990 Jul 25, 1990 Aug 2, 1989 ASSETS Gold certificate account 11,064 0 - 2 Special drawing rights certificate account 6,518 0 0 Coin 477 4 7 4 31 Loans 861 - 1,469 4 201 Acceptances 0 0 0 Federal agency obligations Bought outright 6,414 0 - 195 Held under repurchase agreements1 0 - 539 0 U.S. government securities Bought outright—Bills 109,662 4 2,776 4 12,950 Notes 91,782 0 - 518 Bonds 3300,,776633 0 44 349 Total bought outright2 223322,,220077 4 2,776 44 12,782 Held under repurchase agreements1 00 11,,883333 0 Total U.S. government securities 223322,,220077 44 994433 4 12,782 Total loans and securities 239,481 - 1,065 4 12,787 Items in process of collection (845) 6,296 4 876 - 1,299 Bank premises 831 4 3 4 63 Other assets3 38,269 4 343 4 6,239 TOTAL ASSETS (845) 304,936 4 164 4 17,819 LIABILITIES Federal Reserve notes 249,663 4 453 4 18,898 Deposits Depository institutions 33,429 - 1,807 - 2,799 U.S. Treasury—general account 5,940 4 28 4 1,132 Foreign—official accounts 206 - 23 - 22 Other 239 - 236 4 11 Total deposits 39,813 - 2,037 - 1,678 Deferred availability cash items (845) 6,126 4 1,330 - 335 Other liabilities and accrued dividends4 33,,552233 - 255 44 723 TOTAL LIABILITIES ((884455)) 229999,,112255 - 509 44 17,608 CAPITAL ACCOUNTS Capital paid in 2,375 4 17 4 219 Surplus j 2,243 0 4 131 Other capital accounts 1 1,192 4 656 - 140 * 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 $ 2,591 million was outstanding at the end of the latest statement week. 2 Net of $ 3,011 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 147 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 $ 34 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, AUGUST 1, 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 Meekly Weekly Holdings Holdings changes changes Hithin 15 days 564 0 NNiitthhiinn 1155 ddaayyss 1144,,445566 • 3,757 0 654 16 days to 90 days 297 0 1166 ddaayyss ttoo 9900 ddaayyss 5511,,660033 1,913 712 • 38 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6699,,770066 1,592 1,583 • 77 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,223399 • 691 2,820 + 18 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,880011 0 1,110 18 OOvveerr 1100 yyeeaarrss 2266,,440022 0 188 0 Total 861 0 TToottaall 223322,,220077 • 943 6,414 539 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 AUGUST 1, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,064 750 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 477 38 16 35 30 85 50 26 34 13 35 35 78 Loans 861 3 4 6 8 372 44 46 155 169 25 10 19 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 109,662 7,367 40,482 3,194 6,570 10,207 3,829 13,375 3,180 1,752 3,579 3,914 12,215 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 232,207 15,600 85,719 6,762 13,911 21,612 8,109 28,321 6,733 3,709 7,578 8,288 25,864 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 232,207 15,600 85,719 6,762 13,911 21,612 8,109 28,321 6,733 3,709 7,578 8,288 25,864 Total loans and securities 239,481 16,033 88,091 6,955 14,303 22,582 8,376 29,149 7,074 3,981 7,812 8,527 26,597 Items in process of collection 7,141 353 823 330 379 466 591 675 201 399 818 626 1,478 Bank premises 831 90 55 45 34 123 59 110 25 30 53 57 149 Other assets3 38,269 1,551 10,978 1,633 2,151 2,509 3,431 4,759 1,037 1,077 1,455 2,689 4,999 Interdistrict settlement account 0 •442 •7,488 -605 •603 -3,294 -337 -656 -1,103 -916 -1,135 •1,320 -1,808 TOTAL ASSETS 305,781 19,789 113,855 9,024 18,696 24,224 12,964 36,541 7,907 4,940 9,823 14,273 33,744 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 $ 2,591 million was outstanding at the end of the latest statement week. 2 Net of $ 3,011 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 147 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 $ 34 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 AUGUST 1, 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 249,663 | 17,252 95,345 6,957 16,688 20,498 8,570 31,599 6,621 3,729 7,128 11,172 23,905 Deposits Depository institutions 33,429 1,789 7,794 1,391 1,025 2,604 3,129 3,242 858 607 1,676 1,990 7,325 U.S. Treasury—general account 5,940 0 5,940 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 206 6 96 7 8 9 15 19 4 5 6 11 20 Other ; 239 0 133 1 1 44 1 38 0 5 4 8 3 Total deposits 39,813 1,795 13,963 1,398 1,034 2,657 3,144 3,299 862 616 1,686 2,010 7,349 Deferred credit items I 6,971 334 1,193 335 289 440 581 579 187 383 697 552 1,401 Other liabilities and accrued dividends1 3,523 188 1,734 B7 166 260 102 350 81 49 94 102 311 TOTAL LIABILITIES 299,970 19,568 112,236 8,776 18,376 23,855 12,397 35,827 7,750 4,777 9,606 13,836 32,966 CAPITAL ACCOUNTS Capital paid in 2,375 85 643 112 129 147 243 290 63 68 89 185 321 Surplus i 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 1,192 53 368 36 68 84 105 144 32 28 40 81 155 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 305,781 19,789 113,855 9,024 18,696 24,224 12,964 36,541 7,907 4,940 9,823 14,273 33,744 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 290,756 19,896 99,959 9,020 111999,,,222444666 222555,,,444999000 111222,,,222888222 333555,,,666888222 888,,,444222444 444,,,555999777 999,,,555222999 111444,,,111111777 32,515 Less—Held by F.R. Banks 41,093 2,644 4,613 2,063 222,,,333555888 444,,,999999222 333,,,777111222 444,,,000888333 111,,,888000444 888666888 222,,,444000111 222,,,999444555 8,609 F.R. notes, net 249,663 1177,,225522 9955,,334455 66,,995577 111666,,,888888888 222000,,,444999888 888,,,555777000 333111,,,555999999 666,,,666222111 333,,,777222999 777,,,111222888 111111,,,111777222 23,905 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 230,081 i Total collateral j 249,663 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