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 October 4, 1990 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Meek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 3, 1990 Sep 26, 1990 Oct 4, 1989 Oct 3, 1990 Reserve Bank credit1 2 285,326 + 1,529 + 20,546 288,955 U.S. government securities Bought outright--system account 234,131 - 83 • 12,963 233,913 Held under repurchase agreements 1,341 + 326 • 1,162 4,594 Federal agency obligations Bought outright 6,377 0 - 178 6,377 Held under repurchase agreements 456 • 137 + 312 1,454 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 95 + 22 - 426 213 Seasonal credit 408 - 32 - 24 377 Extended credit 8 0 - 17 10 Float 1,305 + 973 + 771 528 Other F.R. assets 41,206 + 185 + 5,983 41,488 Gold stock 11,063 0 - 2 11,062 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,227 + 14 + 802 20,227 Total factors supplying reserve funds 325,133 + 1,543 + 21,345 328,762 Currency in circulation* 272,349 + 436 + 24,442 273,311 Treasury cash holdings* 526 + 8 + 87 527 Deposits, other than reserve balances, with F.R. Banks Treasury 7,701 + 1,034 - 2,991 7,977 Foreign 298 + 90 - 15 254 Service-related balances and adjustments3 1,950 - 261 + 10 1,950 Other 331 + 36 + 21 262 Other F.R. liabilities and capital 9,597 + 286 + 942 9,421 Total factors, other than reserve balances, absorbing reserve funds 292,750 + 1,629 •f 22,496 293,701 Reserve balances with F.R. Banks* 32,383 - 86 - 1,151 35,061 On October 3, 1990. marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 236,673 million, a change of + $ 2,787 million for the week. 1 Net of $ 5,868 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,868 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Ne! of $ 6,087 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,087 million was with foreign official and international accounts. Includes $ 204 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,742 million and adjustments of $ 208 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. ** Estimated data ( Dallas District) 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 Wednesday Oct 3, 1990 Sep 26, 1990 Oct 4, 1989 ASSETS Gold certificate account 11,062 0 - 2 Special drawing rights certificate account 8,518 0 0 Coin 535 • 11 + 56 Loans 601 + 99 - 2,885 Acceptances 0 0 0 Federal agency obligations Bought outright 6,377 0 - 178 Held under repurchase agreements1 1,454 • 890 + 1,454 U.S. government securities Bought outright—Bills 111,368 + 58 + 13,148 Notes 91,582 0 + 132 Bonds 30,963 0 + 350 Total bought outright2 233,913 • 58 + 13,629 Held under repurchase agreements1 44,,559944 + 1,874 ++ 4,594 Total U.S. government securities 223388,,550066 + 1,932 18,223 Total loans and securities 246,938 • 2,921 • 16,614 Items in process of collection (870) 6,602 • 1,393 - 75 Bank premises 845 • 1 + 70 Other assets3 4400,,661122 __ 333355 + 5,665 TOTAL ASSETS ((887700)) 331155,,111111 44,,666600 • 22,328 LIABILITIES Federal Reserve notes 254,145 -f 1,464 • 24,035 Deposits Depository institutions 37,335 - 431 - 5,031 U.S. Treasury--general account 7,977 • 2,575 • 3,249 Foreign—official accounts 254 + 56 - 68 Other 226622 - 105 - 16 Total deposits 4455,,882277 + 2,094 - 1,866 Deferred availability cash items (870) 5,718 + 809 - 725 Other liabilities and accrued dividends4 4,038 • 114 • 1,077 TOTAL LIABILITIES (870) 309,729 • 4,481 + 22,522 CAPITAL ACCOUNTS Capital paid in 1 2,399 • 1 + 202 Surplus 2,243 0 • 131 Other capital accounts 740 • 179 - 526 * 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 $ 6,087 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 $ 80 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 ( Dallas District) MATURITY DISTRIBUTION OF LOANS AND SECURITIES, OCTOBER 3, 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 Nithin 15 days 361 0 HHiitthhiinn 1155 ddaayyss 11,807 1,074 1,459 + 695 16 days to 90 days 240 0 1166 ddaayyss ttoo 9900 ddaayyss 56,794 + 376 571 + 45 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 71,677 + 1,808 1,858 + 150 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 60,522 + 822 2,634 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,170 0 1,120 0 OOvveerr 1100 yyeeaarrss 24,536 0 188 0 Total 601 0 TToottaall 238,506 + 1,932 7,831 • 890 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 OCTOBER 3, 1990 Millions of dollars Kansas San Total Boston Now York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,062 750 3,505 384 688 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 535 43 14 32 34 102 57 27 35 13 33 49 95 Loans 601 7 13 7 5 20 88 46 164 95 38 25 93 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 1,454 0 1,454 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 111,368 7,482 41,111 3,243 6,672 10,365 3,889 13,583 3,229 1,779 3,634 3,975 12,405 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 1111,,443300 902 11,,885555 22,,888822 1,081 3,776 898 495 1,010 1,105 3,449 Total bought outright2 233,913 15,715 8866,,334499 6,812 1144,,001133 2211,,777711"" 8,168 28,529 6,782 3,737 7,634 8,349 26,054 Held under repurchase agreements1 4,594 0 4,594 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 238,506 15,715 90,943 6,812 1144,,001133 2211,,777711 8,168 28,529 6,782 3,737 7,634 8,349 26,054 Total loans and securities 246,938 16,150 94,764 7,004 1144,,440000 2222,,338855 8,479 29,352 7,131 3,934 7,880 8,602 26,857 Items in process of collection 7,472 354 894 561 355 492 651 839 212 402 762 605 1,344 Bank premises 845 90 66 45 35 123 58 110 26 31 53 59 149 Other assets3 40,612 1,594 11,431 1,721 2,195 3,072 3,606 5,008 1,078 1,126 1,512 2,833 5,436 Interdistrict settlement account 0 -485 +4,942 --885588 ++11,,661166 --44,,668833 --559988 ++22,,228888 --11,,009911 ^^669955 --11,,228833 ++11,,665544 -806 TOTAL ASSETS 315,981 19,026 118,511 99,,113377 1199,,8833ll"" 2233,,224444 1133,,004488 4400,,110011 88,,002299 55,,116666 99,,774411 1144,,881199 35,326 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 $ 6,087 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 $ 80 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. ** Estimated data ( Dallas 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 OCTOBER 3, 1990 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 254,145 16,558 96,530 6,746 17,540 19,342 8,045 35,534 6,695 3,620 7,511 11,234 24,788 Deposits Depository institutions 37,335 1,721 9,351 1,653 1,566 2,768 3,760 2,834 925 905 1,190 2,522 8,141 U.S. Treasury—general account 7,977 0 7,977 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 254 6 144 7 8 9 15 19 4 5 6 11 20 Other 262 1 93 1 1 64 1 84 0 5 4 4 5 Total deposits 45,827 1,727 17,565 1,660 1,575 2,841 3,775 2,936 929 914 1,200 2,538 8,167 Deferred credit items 6,588 329 741 397 261 446 597 603 176 434 730 540 1,334 Other liabilities and accrued dividends1 4,038 199 2,149 91 175 275 109 367 85 51 98 108 332 TOTAL LIABILITIES 310,599 18,813 116,985 8,894 19,550 22,905 12,526 39,441 7,686 5,019 9,539 14,420 34,621 CAPITAL ACCOUNTS Capital paid in 2,399 90 665 112 124 145 245 293 63 67 92 185 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 740 39 253 31 34 54 58 86 18 13 23 44 86 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 315,981 19,026 118,511 9,137 19,831 23,244 13,048 40,101 8,029 5,166 9,741 14,819 35,326 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 297,532 19,321 103,569 8,792 19,326 25,500 12,249 39,086 8,692 4,589 9,973 13,957 32,479 Less—Held by F.R. Banks 43,387 2,763 77,,003399 2,046 1,786 6,157 4,204 3,552 1,997 968 2,462 2,723 7,690 F.R. notes, net 254,145 16,558 9966,,553300 6,746 17,540 19,342 8,045 35,534 6,695 3,620 7,511 11,234 24,788 Collateral held against F.R. notes Gold certificate account 11,062 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities 234,565 Total collateral 254,145 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 ( Dallas District) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis