H.4.1 Factors Affecting Reserve Balances of Depository Institutions

\QSCOV£ FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when •.f«TO? 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 16, 1990 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 15, 1990 Aug 8, 1990 Aug 16, 1989 Aug 15, 1990 Reserve Bank credit1 2 280,169 - 1,413 • 20,112 279,984 U.S. government securities Bought outright—system account 232,406 • 379 + 13,231 230,477 Held under repurchase agreements 423 - 1,086 + 423 2,959 Federal agency obligations Bought outright 6,414 0 - 195 6,414 Held under repurchase agreements 238 - 188 + 238 1,666 Acceptances 0 0 ' 0 0 Loans to depository institutions Adjustment credit 160 + 127 + 127 819 Seasonal credit 425 •f 3 - 62 426 Extended credit 70 - 378 + 10 4 Float 407 - 655 - 279 -857 Other F.R. assets 39,626 • 384 + 6,619 38,076 Gold stock 11,064 0 - 2 11,064 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,149 + 14 • 828 20,149 Total factors supplying reserve funds 319,900 - 1,399 + 20,938 319,715 Currency in circulation* 270,632 + 1,059 + 20,794 271,045 Treasury cash holdings* 546 - 4 • 115 546 Deposits, other than reserve balances, with F.R. Banks Treasury 5,288 - 475 - 459 5,659 Foreign 242 + 6 - 40 245 Service-related balances and adjustments3 1,976 - 41 • 80 1,976 Other 212 + 23 - 50 276 Other F.R. liabilities and capital 9,044 - 580 + 1,278 8,707 Total factors, other than reserve balances, absorbing reserve funds 287,939 - 11 + 21,718 288,456 Reserve balances with F.R. Banks4 31,961 - 1,387 - 780 31,260 On August 15, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ NA million, a change of $ NA million for the week. 1 Net of $ 3,731 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,731 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,850 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,850 million was with foreign official and international accounts. Includes $ 70 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,754 million and adjustments of $ 222 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 Note: Data from the Federal Reserve Bank of New York are partly estimated, and data on custody holdings of U.S. Treasury securities for foreign official and international accounts are not available. 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 ** HHeeddnneessddaayy Hednesday 1 Hednesday 1 Aug 15, 1990 1 Aug 8, 1990 Aug 16, 1989 ASSETS Gold certificate account 11,064 0 - 2 Special drawing rights certificate account 8,518 0 0 Coin 493 • 9 + 33 Loans 1,250 • 243 • 671 Acceptances 0 0 0 Federal agency obligations Bought outright 6,414 0 - 195 Meld under repurchase agreements1 1,666 • 730 4 1,666 U.S. government securities Bought outright—Bills 107,932 - 3,209 4 10,919 Notes 91,582 - 200 - 368 Bonds 30,963 • 200 4 350 Total bought outright2 230,477 - 3,209 4 10,900 Held under repurchase agreements* 2,959 • 754 4 2,959 Total U.S. government securities 233,436 - 2,455 • 13,859 Total loans and securities 242,765 - 1,482 4 16,001 Items in process of collection (800) 5,512 1 740 . 1,837 Bank premises 832 • 1 4 63 Other assets3 37,596 - 1,012 4 6,511 TOTAL ASSETS (800) 306,781 - 3,224 4 20,769 LIABILITIES Federal Reserve notes 251,936 • 799 4 20,641 Deposits Depository institutions 33,780 - 5,231 - 1,818 U.S. Treasury—general account 5,659 • 318 4 1,047 Foreign—official accounts i 245 • 30 4 7 Other ' 276 • 94 - 31 Total deposits 39,961 - 4,789 - 795 Deferred availability cash items (800) 6,177 • 962 - 317 Other liabilities and accrued dividends* 3,514 - 205 4 734 TOTAL LIABILITIES (800) 301,588 - 3,233 4 20,263 CAPITAL ACCOUNTS Capital paid in 2,387 • 9 4 227 Surplus 2,243 0 4 131 Other capital accounts | 564 4 1 4 148 * 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 $ NA million was outstanding at the end of the latest statement week. 2 Net of $ 5,850 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 70 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 $ 54 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. ** Estimated data ( New York District) MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 15, 1990 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings changes Holdings changes Within 15 days Q71 0 WWWWWWWiiiiiiittttttthhhhhhhiiiiiiinnnnnnn 11111115555555 dddddddaaaaaaayyyyyyysssssss l^QSO - ^ 17$ 1.7f>3 4 R77 16 days to 90 days 77A n 11111116666666 dddddddaaaaaaayyyyyyysssssss tttttttooooooo 99999990000000 dddddddaaaaaaayyyyyyysssssss AR Q7S - 9,son 71A Q7 Over 90 days n n 99999991111111 dddddddaaaaaaayyyyyyysssssss tttttttooooooo 1111111 yyyyyyyeeeeeeeaaaaaaarrrrrrr 71 ^S • 7.Z.QQ 1.SA1 4 f>n OOOOOOOvvvvvvveeeeeeerrrrrrr 1111111 yyyyyyyeeeeeeeaaaaaaarrrrrrr tttttttooooooo 5555555 yyyyyyyeeeeeeeaaaaaaarrrrrrrsssssss *>Q Afin «. 1,971 7t7*n fin OOOOOOOvvvvvvveeeeeeerrrrrrr 5555555 yyyyyyyeeeeeeeaaaaaaarrrrrrrsssssss tttttttooooooo 11111110000000 yyyyyyyeeeeeeeaaaaaaarrrrrrrsssssss iVlfiQ f 1 l **fiQ i ( un n OOOOOOOvvvvvvveeeeeeerrrrrrr 11111110000000 yyyyyyyeeeeeeeaaaaaaarrrrrrrsssssss _24_5^f> - 1,ftfifi 1RR n Total 1,249 0 TTTTTTToooooootttttttaaaaaaalllllll 2^,LV = ?,LSL 1 ft,080 ± 730 Components may not add to totals due to rounding. FR 408a (Rev. 8/89) 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 15, 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. 3,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 493 37 16 34 31 86 52 29 36 12 36 41 84 Loans 1,250 1 19 0 7 4 10 830 164 164 25 11 14 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 1,666 0 1,666 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 107,932 7,251 39,843 3,143 6,466 10,046 3,769 13,164 3,130 1,724 3,522 3,852 12,022 Notes 91,582 6,153 33,807 2,667 5,486 8,524 3,198 11,170 2,655 1,463 2,989 3,269 10,201 Bonds 30,963 2,080 11,430 902 1,855 2,882 1,081 3,776 898 495 1,010 1,105 3,449 Total bought outright2 230,477 15,484 85,081 6,712 13,807 21,451 8,048 28,110 6,683 3,682 7,522 8,226 25,672 Held under repurchase agreements1 2,959 0 2,959 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 233,436 15,484 88,040 6,712 13,807 21,451 8,048 28,110 6,683 3,682 7,522 8,226 25,672 Total loans and securities 242,765 15,915 92,092 6,899 14,199 22,052 8,283 29,722 7,033 3,948 7,756 8,466 26,400 Items in process of collection 6,313 416 864 536 228 -44 373 645 196 368 698 626 1,406 Bank premises 832 90 55 45 33 123 59 110 25 30 53 57 149 Other assets3 37,596 1,470 10,450 1,601 2,035 2,919 3,574 4,617 1,005 1,049 1,408 2,634 4,835 Interdistrict settlement account 0 • 708 +3,763 -315 •1,517 -3,156 -170 -383 -809 -732 -1,006 •1,796 -1,212 TOTAL ASSETS 307,582 19,917 113,643 9,431 19,238 23,733 12,966 37,217 8,124 5,031 9,729 14,638 33,913 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 $ NA million was outstanding at the end of the latest statement week. 2 Net of $ 5,850 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 70 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 $ 54 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. "* Estimated data ( New York District) 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 15, 1990 Millions of dollars Kansas San Total 1 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 251,956 17,248 96,582 7,002 17,110 20,337 8,357 52,608 6,604 3,708 7,378 11,117 25,904 Deposits Depository institutions 55,780 ! 1,857 7,257 1,811 1,444 2,348 5,555 2,956 1,033 702 1,372 2,012 7,676 U.S. Treasury—general account 5,659 o 5,659 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 245 6 136 7 8 9 15 19 4 5 6 11 20 Other 276 0 144 2 2 39 2 57 0 6 7 5 12 Total deposits 39,961 1,863 13,196 1,819 1,454 2,396 5,549 5,012 1,038 712 1,384 2,029 7,708 Deferred credit items 6,977 408 705 286 234 407 670 608 263 417 678 1,004 1,297 Other liabilities and accrued dividends1 3,514 192 1,701 87 167 262 104 557 82 49 95 102 315 TOTAL LIABILITIES 502,589 19,710 112,184 9,194 18,965 25,405 12,461 36,585 7,986 4,887 9,536 14,252 35,225 CAPITAL ACCOUNTS Capital paid in 2,587 90 655 112 124 147 244 290 63 68 89 185 521 Surplus 2,245 83 608 100 124 159 219 281 62 67 88 171 302 Other capital accounts 564 34 197 25 26 45 42 61 13 8 15 31 66 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 507,582 19,917 113,645 9,431 19,238 25,755 12,966 37,217 8,124 5,031 9,729 14,638 35,915 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 291,471 19,837 100,485 8,975 19,424 25,644 12,070 56,347 8,411 4,572 9,770 13,958 51,979 Less—Held by F.R. Banks 59,555 2,589 3,903 1,973 2,314 5,307 5,733 3,759 1,807 864 2,392 2,841 8,074 F.R. notes, net 251,936 1177,,224488 9966,,558822 77,,000022 1177,,111100 2200,,333377 88,,335577 5522,,660088 66,,660044 33,,770088 77,,337788 1111,,111177 25,904 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 232,354 Total collateral 251,936 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. ** Estimated data ( New York District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis