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 f^LRttf-V 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 20, 1990 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek end&d Change from week ended Nednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 19, 1990 Sep 12, 1990 Sep 20, 1989 Sep 19, 1990 Reserve Bank credit1 2 287,095 - 344 + 25,161 292,305 U.S. government securities . Bought outright—system account 223,687 + 754 + 15,325 234,030 Held under repurchase agreements 3,427 - 1,015 • 2,346 4,505 Federal agency obligations Bought outright 6,377 0 - 178 6,377 Held under repurchase agreements 1,394 + 158 + 1,139 1,701 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit £52 + 522 + 275 3,587 Seasonal credit 422 + 24 - 25 435 Extended credit 5 + 1 - 18 5 Float 402 - 1*086 - 590 802 Other F.R. assets 40,828 + 298 + 6>888 40,862 Gold stock 11,064 0 - 1 11,065 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,216 + 14 + 822 20,216 Total factors supplying reserve funds 326,893 - 330 _ 25,982 332,103 Currency in circulation* 272,957 - 1,144 + 24,127 272,533 Treasury cash holdings* 519 - 9 + 84 518 Deposits, other than reserve balances, with F.R. Banks Treasury 7,570 + 2,880 + 1,085 16,758 Foreign 247 - 4 4- 4 180 Service-related balances and adjustments3 1,914 - 115 - 1 1,914 Other 287 4 43 - 132 308 Other F.R. liabilities and capital 9,594 - 950 + 1,975 9,241 Total factors, other than reserve balances, absorbing reserve funds 293,089 + 700 + 27,143 301,452 Reserve balances with F.R. Banks4 33,804 ~ 1,030 - 1,161 30,651 On September 19, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 234,483 million, a change of - $ 3,082 million for the week. 1 Net of $ 6,240 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,240 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 5,969 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5 969 million was with foreign official and international accounts. Includes $ 241 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,739 miiiion and adjustments of $ 175 miiiion 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 19, 1990 Sep 12, 1990 Sep 20, 1989 ASSETS Gold certificate account 11,065 0 - 1 Special drawing rights certificate account 8,518 0 0 Coin 508 + 16 + 54 Loans 4,027 + 3,589 + 3,065 Acceptances 0 0 0 Federal agency obligations Bought outright 6>377 0 - 178 Held under repurchase agreements1 1,701 * 277 - 84 U.S. government securities Bought outright—Bills 111,485 • 2,513 • 15,172 Notes 91,582 0 - 368 Bonds 30,963 0 • 350 Total bought outright2 234,030 • 2,513 + 15,154 Held under repurchase agreements1 4,505 • 1,453 - 3,066 Total U.S. government securities 238,535 + 3,966 + 12,088 Total loans and securities 250,640 • 7,832 • 14,891 Items in process of collection (838) 6,017 - 235 - 1,704 Bank premises 840 + 2 + 64 Other assets3 40,744 • 953 * 6,654 TOTAL ASSETS (838) 318,333 • 8,568 + 19,959 LIABILITIES Federal Reserve notes 253,344 - 1,303 + 23,588 Deposits Depository institutions 33,108 - 2,077 - 9,994 U.S. Treasury—general account 16,758 + 12,033 + 5,282 Foreign—official accounts 180 - 21 - 11 Other 308 + 73 • 9 Total deposits 50,354 • 10,008 - 4,714 Deferred availability cash items (838) 5,395 + 47 - 520 Other liabilities and accrued dividends* 44,,004433 - 155 ++ 1,048 TOTAL LIABILITIES ((883388)) 331133,,113355 • 8,596 19,402 CAPITAL ACCOUNTS Capital paid in 2,395 0 + 198 Surplus 2,243 0 * 237 Other capital accounts 560 - 29 * 121 * 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 $ 5,969 million matched safe-purchase transactions outstanding at the end of the latest statement week. Includes $ 241 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 $ 72 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 19, 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 chanoes changes Hithin 15 days 3,965 0 HHiitthhiinn 1155 ddaayyss 15,185 + 5,589 1,929 + 472 16 days to 90 days 62 0 1166 ddaayyss ttoo 9900 ddaayyss 53,600 1,672 530 195 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 72,344 • 49 1,668 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 59,700 0 2,642 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,170 0 1,120 0 OOvveerr 1100 yyeeaarrss 24,536 0 188 0 Total 4,027 0 TToottaall 238,535 + 3,966 8,078 + 277 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 19, 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 11,065 750 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 508 41 12 33 32 96 55 28 34 12 32 46 87 Loans 4,027 2 740 110 256 100 144 820 167 185 91 20 1,391 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 1,701 0 1,701 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 111,485 7,490 41,155 3,247 6,679 10,376 3,893 13,597 3,233 1,781 3,638 3,979 12,418 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 234,030 15,722 86,392" 6,816 14,020 21,782" 8,172 28,543 6,786 3,738 7,638 8,353 26,067 Held under repurchase agreements1 4,505 0 4,505 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 238,535^ 15,722 90^897 6,816 14,020 21,782 8,172 28,543 6,786 3,738 7,638 8,353 26,067 Total loans and securities 250,640^ 16,i53 95,693 7,111 14,658 22,476 8,539 30,141 7,138 4,026 7,936 8,601 28,169 Items in process of collection 6,856 358 845 323 280 456 638 684 178 403 735 572 1,384 Bank premises 840 90 61 45 34 123 59 110 26 31 53 59 149 Other assets3 40,744 1,574 11,315 1,724 2,176 3,071 3,558 4,942 1,065 1,111 1,496 2,778 5,934 Interdistrict settlement account 0 -350 +11,228 -866 +1,366 -4,727 -1,322 +114 -944 -978 -1,017 +1,368 -3,872 TOTAL ASSETS 319,171 19^147 125,557 9,001 19,742 23,247 12,322 38,496 8,134 4,962 10,020 14,441 34,102 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 $ 5,969 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 241 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 $ 72 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 19, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 253,344 16,830 97,433 6,777 17,713 19,696 7,762 33,953 6,594 3,636 7,564 11,074 24,311 Deposits Depository institutions 33,108 1,592 6,758 1,616 1,321 2,436 3,358 2,909 1,145 711 1,457 2,324 7,480 U.S. Treasury—general account 16,758 0 16,758 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 180 6 71 7 8 9 15 19 4 5 6 11 20 Other 308 1 123 1 1 88 1 74 0 5 5 4 5 Total deposits 50,354 1,599 23^711 1,623 1,330 2,533 3,373 3,002 1,150 720 1,468 2,339 7,505 Deferred credit items 6,233 316 744 277 253 419 574 555 170 413 697 537 1,278 Other liabilities and accrued dividends1 4,043 195 2,185 89 175 271 108 355 84 51 97 107 327 TOTAL LIABILITIES 313,973 18,941 124,074 8,766 19,471 22,919 11,817 37,865 7,997 4,820 9,826 14,057 33,422 CAPITAL ACCOUNTS Capital paid in 2,395 90 665 112 124 145 245 291 63 67 91 184 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 560 33 210 23_ 24 43 42 60 13 7_ 15 29^ 61 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 319,171 19,147 125,557 9,001 19,742 23,247 12,322 38,496 8,134 4,962 10,020 14,441 34,102 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 295,430 19,536 103,197 8,811 19,547 25,728 11,805 37,558 8,517 4,612 10,056 13,810 32,252 Less—Held by F.R. Banks 42,086 2,706 5,764 2,034 1,834 6,032 4,043 3,605 1,924 976 2,493 2,735 7,941 F.R. notes,. net 253,344 16,830 97^433 6,777 17,713 19,696 7,762 33,953 6,594 3,636 7,564 11,074 24,311 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 233,761 Total collateral 253,344 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