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 August 9, 1990 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Aug 8, 1990 Aug 1, 1990 Aug 9, 1989 Aug 8, 1990 Reserve Bank credit1 2 281,585 + 4,074 + 21,150 284,782 U.S. government securities Bought outright-'-system account 232,027 + 855 + 12,549 233,686 Held under repurchase agreements 1,509 + 1,509 • 1,509 2,205 Federal agency obligations Bought outright 6,414 0 - 195 6,414 Held under repurchase agreements 426 + 426 + 426 936 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 32 - 56 - 137 116 Seasonal credit 423 - 11 - 62 422 Extended credit 448 • 58 + 394 469 Float 1,075 + 918 + 478 1,164 Other F.R. assets 39,232 + 376 + 6,189 39,371 Gold stock 11,064 0 - 2 11,064 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,117 • 14 • 798 20,117 Total factors supplying reserve funds 321,283 _ 4,088 __ 21,944 324,480 Currency in circulation* 269,548 + 1,386 + 19,959 270,223 Treasury cash holdings* 556 - 2 + 121 546 Deposits, other than reserve balances, with F.R. Banks Treasury 5,763 + 435 + 221 5,341 Foreign 236 + 19 - 19 215 Service-related balances and adjustments3 2,023 + 17 + 46 2,023 Other 188 - 119 - 33 183 Other F.R. liabilities and capital 9,624 • 417 + 1,006 8,903 Total factors* other than reserve balances> absorbing reserve funds 287,938 + 2,153 + 21,301 287,434 Reserve balances with F.R. Banks* 33,345 •f 1,935 • 643 37,046 On August 8, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 230,611 million, a change of + $ 1,946 million for the week. 1 Net of $ 3,562 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,562 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 2,155 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,155 million was with foreign official and international accounts. Includes $ 5 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,760 million and adjustments of $ 263 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 8, 1990 Aug 1, 1990 Aug 9, 1989 ASSETS Gold certificate account 11,064 0 | - 2 Special drawing rights certificate account 8,518 o 1 0 Coin 484 + 7 j + 31 Loans 1,006 + 146 - 272 Acceptances 0 0 0 Federal agency obligations Bought outright 6,414 0 - 195 Held under repurchase agreements1 936 + 936 + 936 U.S. government securities Bought outright—Bills 111,141 + 1,480 + 13,065 Notes 91,782 0 - 518 Bonds 30,763 0 + 349 Total bought outright2 233,686 + 1,480 + 12,897 Held under repurchase agreements1 2,205 + 2,205 + 2,205 Total U.S. government securities 235,891 + 3,684 + 15,102 Total loans and securities 244,247 + 4,766 + 15,571 Items in process of collection (17,008) 6,252 - 44 + 301 Bank premises 831 0 • 63 Other assets3 38,608 + 339 + 6,269 TOTAL ASSETS (17,008) 310,005 + 5,069 + 22,233 LIABILITIES Federal Reserve notes 251,137 + 1,474 + 19,643 Deposits Depository institutions 39,011 + 5,582 + 2,290 U.S. Treasury—general account 5,341 - 599 - 844 Foreign—official accounts 215 + 10 + 36 Other (16,326) 183 - 56 - 51 Total deposits (16,326) 44,750 •f 4,937 + 1,431 Deferred availability cash items (681) 5,215 - 911 - 128 Other liabilities and accrued dividends4 3,719 1 + 196 * 819 TOTAL LIABILITIES j (17,008) 304,821 * 5,696 + 21,765 CAPITAL ACCOUNTS Capital paid in 2,378 + 3 + 219 Surplus 2,243 0 + 131 Other capital accounts I 563 - 629 + 118 * 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 $ 2,880 million was outstanding at the end of the latest statement week. 2 Net of $ 2,155 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 5 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 $ 40 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 8, 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 Heekly Heekly Holdings Holdings changes changes Hithin 15 days 721 0 HHiitthhiinn 1155 ddaayyss 1177,,112288 + 2,672 936 + 936 16 days to 90 days 286 0 1166 ddaayyss ttoo 9900 ddaayyss 5511,,447755 128 811 + 99 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,884466 + 1,140 1,484 99 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,223399 0 2,820 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1111,,880011 0 1,110 0 OOvveerr 1100 yyeeaarrss 2266,,440022 0 188 0 Total 1,006 0 TToottaall 223355,,889911 + 3,684 7,350 + 936 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 8, 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 11,064 750 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 484 38 16 35 30 87 50 27 35 12 35 39 80 Loans 1,006 2 0 4 7 471 13 37 163 165 22 8 114 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 936 0 936 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 111,141 7,467 41,028 3,237 6,658 10,344 3,881 13,555 3,223 1,775 3,627 3,967 12,379 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 233,686 15,699 86,265 6,805 14,000 21,750 8,160 28,501 6,776 3,733 7,626 8,341 26,029 Held under repurchase agreements1 2,205 0 2,205 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 235,891 15,699 88,470 6,805 14,000" 21,750 8,160 28,501 6,776 3,733 7,626 8,341 26,029 Total loans and securities 244,247 16,133 91,774 6,996 14,391 22,818 8,397 29,320 7,125 4,000 7,858 8,578 26,857 Items in process of collection 23,260 664 10,653 2,091 1,437 839 804 2,089 341 509 1,017 753 2,064 Bank premises 831 90 55 45 33 123 59 110 25 30 53 57 149 Other assets3 38,608 1,570 11,107 1,653 2,138 2,537 3,450 4,802 1,048 1,085 1,481 2,699 5,037 Interdistrict settlement account 0 +118 -3,697 -1,990 +16,886 -3,816 -79 -1,840 -1,253 -1,024 -1,746 +1,408 -2,968 TOTAL ASSETS 327,012 19,894 116,312 9,461 36,112 24,340 13,476 36,986 7,959 4,969 9,482 14,552 33,469 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 $ 2,880 million was outstanding at the end of the latest statement week. 2 Net of $ 2,155 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 5 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 $ 40 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 8, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 251,137 17,274 95,988 6,980 17,072 20,350 8,572 32,104 6,658 3,724 7,345 11,164 23,906 Deposits Depository institutions 39,011 1,874 10,729 1,999 2,035 2,906 3,741 3,282 912 695 1,168 2,325 7,345 U.S. Treasury—general account 5,341 0 5,341 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 215 6 106 7 8 9 15 19 4 5 6 11 20 Other 16,509 1 78 1 16,327 41 1 43 0 5 3 5 3 Total deposits 61,076 1,880 16,253 2,007 18,370 2,957 3,757 3,344 916 705 1,177 2,341 7,368 Deferred credit items 5,897 345 745 151 223 434 535 548 162 346 670 554 1,184 Other liabilities and accrued dividends1 3,719 192 1,878 89 171 268 107 358 83 51 97 105 319 TOTAL LIABILITIES 321,828 19,692 114,864 9,227 35,835 24,008 12,972 36,354 7,820 4,825 9,289 14,164 32,778 CAPITAL ACCOUNTS Capital paid in 2,378 90 646 112 124 147 243 290 63 68 89 185 321 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 563 30 193 23 30 46 42 61 14 8^ 15 32 69 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 327,012 19,894 116,312 9,461 36,112 24,340 13,476 36,986 7,959 4,969 9,482 14,552 33,469 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 290,931 19,838 100,117 8,964 19,388 25,541 12,219 35,972 8,384 4,581 9,695 14,027 32,206 Less—Held by F.R. Banks 39,794 2,564 4,130 1,983 2,316 5,192 3,647 3,868 1,726 856 2,350 2,863 8,300 F.R. notes, net 251,137 17,274 95,988 6,980 17,072 20,350 8,572 32,104 6,658 3,724 7,345 11,164 23,906 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 231,555 Total collateral 251,137" 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