H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE , j;tsi- naia 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 23, 1990 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frotri week ended 1 Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 22, 1990 Aug 15, 1990 Aug 23, 1989 Aug 22, 1990 Reserve Bank credit1 2 281,914 + 1,737 + 24,241 284,250 U.S. government securities Bought outright—system account 230,140 - 2,267 + 12,396 230,092 Held under repurchase agreements 4,416 + 3,993 + 4,416 693 Federal agency obligations Bought outright 6,414 0 - 195 6,414 Held under repurchase agreements 714 + 476 + 714 186 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1,148 + 988 + 742 7,257 Seasonal credit 438 + 13 - 53 447 Extended credit 6 - 64 - 22 7 Float 120 - 287 - 304 747 Other F.R. assets 38,519 - 1,114 + 6,547 38,408 Gold stock 11,064 0 - 2 11,064 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,160 + 14 +_ 836 20,160 Total factors supplying reserve funds 321,656 + 1,751 25,074 323,992 Currency in circulation* 270,845 + 217 + 21,861 270,703 Treasury cash holdings* 545 - 1 + 119 537 Deposits, other than reserve balances, with F.R. Banks Treasury 5,501 + 213 + 839 5,438 Foreign 355 + 113 + 112 217 Service-related balances and adjustments3 2,140 + 164 + 281 2,140 Other 266 + 54 - 7 233 Other F.R. liabilities and capital 8,990 - 54 + 1,323 8,657 Total factors, other than reserve balances, absorbing reserve funds 288,642 + 706 + 24,527 287,925 Reserve balances with F.R. Banks* 33,014 + 1,045 + 547 36,068 On August 22, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 234,705 million, a change of 4- $ 3,623 million for the week. 1 Net of $ 6,159 million, daily average, matched sale-purchase transactions outstanding during the latest statement week of which a net of $ 6,159 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Met of $ 6,260 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,260 million was with foreign official and international accounts. Includes $ 160 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,754 million and adjustments of $ 386 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 s ince •• NNeeddnneessddaayy Nednesday Wednesday Aug 22, 1990 Aug 15, 1990 Aug 23, 1989 ASSETS Gold certificate account 11,064 0 - 2 Special drawing rights certificate account 8,518 0 0 Coin 503 + 10 + 42 Loans 7,711 •f 6,461 + 4,809 Acceptances 0 0 0 Federal agency obligations Bought outright 6,414 0 - 195 Held under repurchase agreements1 186 - 1,481 + 186 U.S. government securities Bought outright—Bills 107,547 - 385 + 10,896 Notes 91,582 0 - 568 Bonds 50,965 0 + 549 Total bought outright2 250,092 - 385 + 10,878 Held under repurchase agreements1 695 - 2,267 + 695 Total U.S. government securities 250,785 - 2,651 + 11,571 Total loans and securities 245,096 + 2,329 + 16,571 Items in process of collection (798) 5,698 + 193 - 117 Bank premises 855 + 1 + 64 Other assets3 37,600 • 4 + 6,121 TOTAL ASSETS (798) 509,311 + 2,537 + 22,477 LIABILITIES Federal Reserve notes 251,583 - 352 • 21,583 Deposits Depository institutions 38,099 + 4,319 + 405 U.S. Treasury—general account 5,438 - 221 - 210 Foreign—official accounts 217 - 29 + 37 Other 233 - 43 - 25 Total deposits 43,987 + 4,027 + 207 Deferred availability cash items (798) 5,084 - 1,085 - 283 Other liabilities and accrued dividends* 3,445 - 70 + 670 TOTAL LIABILITIES (798) 304,100 + 2,520 • 21,978 CAPITAL ACCOUNTS Capital paid in 2,387 0 + 228 Surplus 2,243 0 + 131 Other capital accounts 582 + 17 • 142 * 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 $ 6,260 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 160 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 $ 71 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 22, 1990 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements, yiiiions of dollars U.S. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Meekly Meekly Holdings Holdings changes changes Within 15 days 7,635 0 WWiitthhiinn 1155 ddaayyss 1111,,998866 11,,996644 563 1,201 16 days to 90 days 78 0 1166 ddaayyss ttoo 9900 ddaayyss 5511,,889955 ++ 22,,992200 434 280 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6699,,773388 33,,660088 1,544 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,446600 00 2,760 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,117700 00 1,110 0 OOvveerr 1100 yyeeaarrss 2244,,553366 00 188 0 Total 7,711 0 TToottaall 223300,,778855 22,,665511 6,600 1,481 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 22, 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 503 37 15 35 32 89 55 29 37 12 34 42 86 Loans 7,711 37 6,639 7 7 2 17 525 163 220 33 16 45 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 186 0 186 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 107,547 7,225 39,701 3,132 6,443 10,010 3,756 13,117 3,118 1,718 3,510 3,839 11,979 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 230,092 15,458 84,939 6,701 13,784 21,416 8,035 28,063 6,672 3,676 7,509 8,213 25,629 Held under repurchase agreements1 693 0 693 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 230,785 15,458 85,632 6,701 13,784 21,416 8,035 28,063" 6,672 3,676 7,509 8,213 25,629 Total loans and securities 245,096 15,926 94,824 6,895 14,176 22,014 8,276 29,370 7,021 3,998 7,752 8,457 26,388 Items in process of collection 6,495 282 787 353 234 426 597 638 212 349 668 609 1,339 Bank premises 833 90 55 45 33 123 59 110 26 30 53 58 149 Other assets3 37,600 1,478 10,490 1,613 2,053 2,879 3,406 4,672 1,005 1,057 1,420 2,647 4,881 Interdistrict settlement account 0 +1,024 +7,471 -743 +1,360 -3,255 -811 -237 -1,158 -829 -1,319 +949 -2,454 TOTAL ASSETS 310,109 20,119 120,046 8,830 19,085 24,029 12,376 37,059 7,780 4,973 9,392 13,781 32,641 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 $ 6,260 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 160 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 $ 71 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 22, 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 251,583 17,244 96,929 6,914 17,016 20,268 8,011 32,654 6,503 3,713 7,329 11,032 23,972 Deposits Depository institutions 38,099 2,201 13,670 1,314 1,414 2,723 3,178 2,757 886 690 1,108 1,757 6,402 U.S. Treasury—general account 5,438 0 5,438 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 217 6 108 7 8 9 15 19 4 5 6 11 20 Other 233 1 86 2 2 38 2 74 0 6 4 4 16 Total deposits 43,987 2,207" 19,301 1,322 1,424 2,770 3,194 2,850 890" 701 1,117 1,773 6,439 Deferred credit items 5,882 274 691 270 207 399 562 566 167 366 659 488 1,231 Other liabilities and accrued dividends1 3,445 187 1,662 83 166 259 105 343 81 50 94 102 312 TOTAL LIABILITIES 304,898 19,912 118,583 8,589" 18,814 23,697 11,872 36,412 7,641 4,830 9,199 13,395 31,954 CAPITAL ACCOUNTS Capital paid in 2,387 90 655 112 124 146 244 290 63 68 90 185 321 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 582 33 201 29 24 46 42 7_h_ 14 8 15 31 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 310,109 20,119 120,046 8,830 19,085 24,029 12,376 37,059 7,780 4,973 9,392 13,781 32,641 FEDERAL RESERVE AGENTS" ACCOUNTS F.R. notes outstanding 292,935 19,849 101,675 8,947 19,414 25,822 11,942 36,545 8,371 4,635 9,867 13,873 31,997 Less—Held by F.R. Banks 41,352 2,605 4,746 2,033 2,398 55,,555533 33,,993311 33,,889911 11,,886688 992222 22,,553388 22,,884422 8,025 F.R. notes, net 251,583 17,244 96,929 6,914" 17,016 2200,,226688 88,,001111 3322,,665544 66,,550033 33,,771133 77,,332299 1111,,003322 23,972 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 232,001 Total collateral 251,583 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