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 September 6> 1990 Millions of dollars Averac ies of daily f:g ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Keek ended Change froir week ended Nednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 5, 1990 Aug i 29, 1990 Sep 6, 1989 Sep 5, 1990 Reserve Bank credit1 2 284,970 • 4,608 • 26,692 292,483 U.S. government securities Bought outright—system account 233,529 • 3,289 • 15,115 233,338 Held under repurchase agreements 3,090 • 384 • 3,090 7,063 Federal agency obligations Bought outright 6,377 - 21 - 216 6,377 Held under repurchase agreements 1,095 • 201 • 1,095 1,793 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 347 • 292 • 313 2,152 Seasonal credit 415 - 31 - 43 399 Extended credit 5 - 5 - 15 3 Float 167 - 695 - 812 955 Other F.R. assets 39,947 • 1,194 + 8,167 40,403 Gold stock 11,065 0 - 1 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,188 • 14 • 844 20,188 Total factors supplying reserve funds 324,740 _ 4,622 • 27,534 332,253 Currency in circulation* 273,114 • 2,348 • 23,480 274,338 Treasury cash holdings* 530 - 7 • 107 530 Deposits, other than reserve balances, with F.R. Banks Treasury 5,368 • 149 • 549 8,238 Foreign 280 •f 42 • 29 228 Service-related balances and adjustments3 1,963 - 2 • 140 1,963 Other 229 - 49 - 77 241 Other F.R. liabilities and capital 10,339 • 1,311 • 3,262 10,479 Total factors» other than reserve balances* absorbing reserve funds 291,824 • 3,793 • 27,491 296,018 Reserve balances with F.R. Banks4 32,917 • 829 • 44 36,236 On September 5,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 235,236 million, a change of + $ 692 million for the week. 1 Net of $ 5,872 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,872 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,179 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,179 million was with foreign official and international accounts. Includes $ 1 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,746 million and adjustments of $ 217 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 Wednesday Wednesday Sep 5, 1990 Aug 29, 1990 Sep 6, 1989 ASSETS Gold certificate account 11,065 0 - 1 Special drawing rights certificate account 8,518 0 0 Coin 480 - 16 • 50 Loans 2,554 • 2,022 • 2,022 Acceptances 0 0 0 Federal agency obligations Bought outright 6,377 0 - 178 Held under repurchase agreements1 1,793 • 970 • 1,793 U.S. government securities Bought outright—Bills 110,794 • 3,024 • 14,226 Notes 91,582 0 - 368 Bonds 30,963 0 •f 349 Total bought outright2 233,338 • 3,024 • 14,206 Held under repurchase agreements1 7,063 • 3,857 • 7,063 Total U.S. government securities 240,402 • 6,881 • 21,270 Total loans and securities 251,125 + 9,874 + 24,906 Items in process of collection (825) 9,409 > 3,513 • 53 Bank premises 836 • 5 • 61 Other assets3 39,689 • 1,720 • 8,333 TOTAL ASSETS (825) 321,121 4 15,096 • 33,401 LIABILITIES Federal Reserve notes 255,160 • 2,612 • 23,186 Deposits Depository institutions 38,559 4* 5,225 • 3,163 U.S. Treasury—general account 8,238 • 2,108 • 3,701 Foreign—official accounts 228 - 18 * 19 Other 241 - 35 •- 22 Total deposits 47,266 • 7,281 + 6,861 Deferred availability cash items (825) 8,216 • 3,484 29 •- Other liabilities and accrued dividends* 4,258 + 700 • 1,327 TOTAL LIABILITIES (825) 314,901 • 14,076 • 31,346 CAPITAL ACCOUNTS Capital paid in 2,394 - 3 + 232 Surplus 2,243 0 • 364 Other capital accounts 1,584 •f 1,022 • 1,459 * 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 $ 6,179 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1 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 $ 64 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, SEPTEMBER 5, 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 Weekly Heekly Holdings Holdings changes changes Hithin 15 days 2,277 0 HHiitthhiinn 1155 ddaayyss 14,244 + 66 1,823 • 690 16 days to 90 days 277 0 1166 ddaayyss ttoo 9900 ddaayyss 56,537 • 1,785 758 • 261 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 72,214 + 4,791 1,620 • 4 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 59,700 • 240 2,670 • 15 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,170 0 1,110 0 OOvveerr 1100 yyeeaarrss 24,536 0 188 0 Total 2,554 0 TToottaall 240,402 • 6,681 8,170 • 970 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 SEPTEMBER 5, 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 11,065 750 3,508 384 688 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 480 38 13 35 29 89 51 25 34 12 32 41 80 Loans 2,554 1 1,325 11 6 0 311 516 162 131 34 15 41 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,377 428 2,354 186 382 594 223 778 185 102 208 228 710 Held under repurchase agreements1 1,793 0 1,793 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 110,794 7,443 40,900 3,227 6,637 10,312 3,869 13,513 3,213 1,770 3,616 3,954 12,341 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 233,338 15,676 86,137 6,795 13,979 21,718 8,148 28,459 6,766 3,727 7,615 8,328 25,990 Held under repurchase agreements1 7,063 0 7,063 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 240,402 15,676 93,200 6,795 13,979 21,718 8,148 28,459 6,766 3,727 7,615 8,328 25,990 Total loans and securities 251,125 16,105 98,672 6,992 14,367 22,311 8,682 29,752 7,112 3,961 7,857 8,571 26,741 Items in process of collection 10,234 446 1,202 517 736 843 906 915 402 543 968 804 1,952 Bank premises 836 90 61 45 33 123 59 110 26 30 53 58 149 Other assets3 39,689 1,550 11,187 1,716 2,155 2,999 3,554 4,913 1,056 1,108 1,466 2,772 5,193 Interdistrict settlement account 0 • 963 •3,478 -261 •1,942 -2,957 -164 •838 -1,234 -455 -1,164 •1,495 -2,481 TOTAL ASSETS 321,947 20,474 121,017 9,676 20,457 25,161 13,883 39,030 8,033 5,555 10,017 14,760 33,885 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 $ 6,179 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1 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 $ 64 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 SEPTEMBER 5, 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 255,160 17,068 97,432 7,021 17,744 20,258 8,556 33,074 6,664 3,738 7,428 11,184 24,993 Deposits Depository institutions 38,559 2,513 9,780 1,931 1,741 3,461 3,842 3,951 808 1,036 1,315 2,271 5,908 U.S. Treasury—general account 8,238 0 8,238 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 241 1 90 1 1 57 1 66 0 5 5 2 11 Total deposits 47,266 2,520 18,227 1,938 1,750 3,528 3,858 4,037 812 1,046 1,326 2,285 5,940 Deferred credit items 9,041 442 1,241 351 459 707 753 793 304 545 930 720 1,796 Other liabilities and accrued dividends1 4,258 202 2,339 92 179 279 112 367 87 52 101 110 338 TOTAL LIABILITIES 315,726 20,232 119,239 9,402 20,132 24,772 13,279 38,272 7,867 5,381 9,785 14,299 33,067 CAPITAL ACCOUNTS Capital paid in 2,394 90 664 112 124 145 245 291 63 68 90 184 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 1,584 69 506 62 79 104 140 187 41 39 53 106 198 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 321,947 20,474 121,017 9,676 20,457 25,161 13,883 39,030 8,033 5,555 10,017 14,760 33,885 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 293,907 19,653 102,307 8,888 19,565 25,665 12,254 36,539 8,402 4,605 9,893 13,881 32,256 Less—Held by F.R. Banks 38,747 2,585 4,875 1,867 1,821 5,407 3,698 3,465 1,738 867 2,465 2,697 7,263 F.R. notes, net 255,160 1177,,006688 9977,,443322 77,,002211 1177,,774444 2200,,225588 88,,555566 3333,,007744 66,,666644 33,,773388 77,,442288 1111,,118844 24,993 Collateral held against F.R. notes Gold certificate account 11,065 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 235,578 Total collateral 255,160 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