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 13, 1990 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change frotr week ended Wednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 12, 1990 Sep 5, 1990 Sep 13, 1989 Sep 12, 1990 Reserve Bank credit1 2 287,438 + 2,478 + 27,726 284,060 U.S. government securities Bought ouiright—system account 232,933 - 596 + 13,882 231,517 Held under repurchase agreements 4,443 •5- 1,353 + 4,443 3,052 Federal agency obligations Bought outright 6,377 0 - 178 6,377 Held under repurchase agreements 1,236 + 142 + 1,236 1,424 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 29 - 317 - 4 30 Seasonal credit 398 - 16 - 30 404 Extended credit 4 - 1 - 15 5 Float 1,487 * 1,325 + 911 570 Other F.R. assets 40,531 + 590 + 7,481 40,682 Gold stock 11,064 0 - Csl 11,064 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,202 + 14 _+ 824 20,202 Total factors supplying reserve funds 3277223 + "2,492 28,547 323,844 Currency in circulation* 274,101 + 991 + 23,866 273,836 Treasury cash holdings* 528 - 6 + 103 519 Deposits? other than reserve balances, with F.R. Banks Treasury 4,690 - 678 f 141 4,726 Foreign 2S2 - 29 - 18 201 Service-related balances and adjustments3 2,029 + 76 + 260 2,029 Other 245 + 16 - 27 235 Other F.R. liabilities and capital 10,544 + 206 + 3,166 9,424 Total factors? other than reserve balances, absorbing reserve funds 292,389 + 575 4- 27,490 290,970 Reserve balances with F.R. Banks^ 34,834 * 1,917 + 1,057 32,874 On September 12, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 237,565 million, a change of + $ 2,329 million for the week. 1 Net of $ 6,585 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6.585 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 8,001 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 8,001 million was with foreign official and international accounts. Includes $ 204 million securities ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,739 million and adjustments of $ 290 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 WWeeddnneessddaayy Wednesday | Wednesday ** Sep 12, 1990 Sep 5, 1990 Sep 13, 1989 ASSETS Gold certificate account 11,064 0 - 1 Special drawing rights certificate account 8,518 0 0 Coin 493 + 13 + 58 - - Loans 438 2,116 45 Acceptances 0 0 0 Federal agency obligations Bought outright 6,377 0 - 178 Held under repurchase agreements1 1,424 - 369 + 1,424 U.S. government securities Bought outright—Bills 108,972 - 1,822 + 12,348 Notes 91,582 0 - 368 Bonds 30,963 0 + 350 Total bought outright2 231,517 - 1,822 + 12,329 Held under repurchase agreements1 3,052 - 4,011 + 3,052 Total U.S. government securities 234,569 - 5,833 + 15,381 Total loans and securities 242,808 - 8,317 + 16,582 _ - Items in process of collection (762) 6,253 3,156 287 Bank premises 838 + 2 • 63 Other assets3 39,791 + 102 + 6,788 TOTAL ASSETS (762) 309,765 - 11,356 + 23,204 LIABILITIES Federal Reserve notes 254,647 - 514 + 23,311 Deposits Depository institutions 35,185 - 3,374 - 826 U.S. Treasury—general account 4,726 - 3,513 - 732 Foreign—official accounts 201 - 27 + 14 Other 235 - 6 - 30 Total deposits 40,346 - 6,920 - 1,575 Deferred availability cash items I (762) 5,348 - 2,868 - 468 Other liabilities and accrued dividends4 4,198 - 60 + 1,247 TOTAL LIABILITIES (762) 304,539 - 10,362 + 22,514 CAPITAL ACCOUNTS Capital paid in 2,394 j * 1 + 230 Surplus 2,243 0 + 273 Other capital accounts 589 - 995 + 187 * 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 $ 8,001 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 204 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 12, 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. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 197 0 WWiitthhiinn 1155 ddaayyss 9,596 4,648 1,457 366 16 days to 90 days 241 0 1166 ddaayyss ttoo 9900 ddaayyss 55,272 1,265 725 33 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 72,295 + 81 , 1,668 + 48 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 59,700 0 2,642 28 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,170 0 1,120 + 10 OOvveerr 1100 yyeeaarrss 24,536 0 188 0 Total 438 0 TToottaall 234,569 5,833 7,801 369 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 12, 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 493 39 14 33 31 92 51 27 34 12 32 43 85 Loans 438 6 0 14 6 0 15 34 169 128 25 18 22 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 1,424 0 1,424 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 108,972 7,321 40,227 3,174 6,528 10,142 3,805 13,291 3,160 1,741 3,556 3,889 12,138 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 231,517 15,554 85,464 6,742 13,870 21,548 8,085 28,236 6,713 3,698 7,556 8,263 25,787 Held under repurchase agreements1 3,052 0 3,052 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 234,569 15,554 88,517 6,742 13,870 21,548 8,085 28,236 6,713 3,698 7,556 8,263 25,787 Total loans and securities 242,808 15,988 92,294 6,942 14,257 22,142 8,322 29,048 7,067 3,929 7,789 8,509 26,520 Items in process of collection 7,015 302 820 475 276 464 698 598 259 378 740 608 1,396 Bank premises 838 90 61 45 34 123 59 110 26 31 53 58 149 Other assets3 39,791 1,571 11,182 1,735 2,175 3,027 3,571 4,924 1,064 1,115 1,498 2,786 5,142 Interdistrict settlement account 0 +536 +4,441 -582 +1,720 -3,875 -529 +1,023 -975 -834 -1,214 + 967 -679 TOTAL ASSETS 310,527 19,806 115,215 9,280 19,690 23,726 12,967 38,208 8,112 4,986 9,683 13,989 34,864 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 $ 8,001 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 204 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 12, 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 254,647 16,948 97,682 6,922 17,693 19,990 8,196 33,532 6,648 3,656 7,594 11,121 24,665 Deposits Depository institutions 35,185 2,147 8,150 1,739 1,309 2,639 3,560 3,062 1,052 737 1,064 1,858 7,869 U.S. Treasury—general account 4,726 0 4,726 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 201 6 92 7 8 9 15 19 4 5 6 11 20 Other 235 0 86 1 0 57 1 67 0 5 4 2 11 Total deposits 40,346 2,153 13,052 1,746 1,317 2,705 3,576 3,148 1,056 747 1,074 1,871 7,900 Deferred credit items 6,110 297 692 284 229 423 576 532 183 389 720 502 1,282 Other liabilities and accrued dividends1 4,198 200 2,298 91 179 276 in 363 86 51 100 110 333 TOTAL LIABILITIES 305,301 19,599 113,724" 9,043 19,418 23,394 12,460 37,575 7,974 4,842 9,488 13,604 34,180 CAPITAL ACCOUNTS Capital paid in 2,394 90 665 112 124 145 245 291 63 68 90 184 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 589 34 219 25_ _26_ 47 44 62 14 8 16 31^ 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 310,527 19,806 115,215 9,280 19,690 23,726 12,967 38,208 8,112 4,986 9,683 13,989 34,864 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 294,709 19,580 102,681 8,852 19,542 25,748 12,039 36,970 8,533 4,629 10,057 13,801 32,277 Less—Held by F.R. Banks 40,063 2,632 5,000 1,930 1,849 5,759 3,843 3,439 1,884 973 2,463 2,680 7,612 F.R. notes, net 254,647 16,948 97,682 6,922' 17,693 19,990 8,196 33,532 6,648 3,656 7,594 11,121 24,665 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 235,064 Total collateral 254,647 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