H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE 1\ ' -Attfc.r-*' S' 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 18, 1990 Millions of dollars Averac les oi daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 17, 1990 Oct 10, 1990 Oct 18, 1989 Oct 17, 1990 Reserve Bank credit1 2 284,752 - 1,742 + 23,604 285,524 U.S. government securities Bought outright—system account 234,224 - 666 * 17,954 233,484 Held under repurchase agreements 1,451 - 838 + 1,451 2,532 Federal agency obligations Bought outright 6,377 0 - 178 6,377 Held under repurchase agreements 365 - 184 + 365 737 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 44 + 2 - 96 49 Seasonal credit 333 - 24 + 4 323 Extended credit 15 + 5 - 5 16 Float 596 - 72 - 299 801 Other F.R. assets 41,347 * 35 * 4,408 41,204 Gold stock 11,062 0 - 2 11,061 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,255 + 14 + 795 20,255 Total factors supplying reserve funds 324,586 - 1,729 _ 24,398 325,358 Currency in circulation* 275,472 + 866 • 25,657 275,297 Treasury cash holdings* 525 - 1 + 86 530 Deposits, other than reserve balances, with F.R. Banks Treasury 5,505 + 1,045 - 648 6,244 Foreign 241 - 16 - 19 201 Service-related balances and adjustments3 2,278 + 402 • 464 2,278 Other 259 + 19 4- 11 302 Other F.R. liabilities and capital 9,332 - 220 + 1,507 9,015 Total factors, other than reserve balances, absorbing reserve funds 293,612 + 2,094 • 27,057 293,868 Reserve balances with F.R. Banks4 30,974 - 3,823 - 2,659 31,491 On October 17,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 237,628 million, a change of + $ 553 million for the week. 1 Net of $ 5,824 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,824 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Het of $ 6,735 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,735 million was with foreign official and international accounts. Includes $ 67 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,736 million and adjustments of $ 542 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 Oct 17, 1990 ! Oct 10, 1990 Oct 18, 1989 ASSETS Gold certificate account 11>061 - 1 - 2 Special drawing rights certificate account ' 8,518 0 0 Coin 547 0 • BB - - Loans 389 18 13 Acceptances 0 0 0 Federal agency obligations Bought outright 6,377 0 - 178 Held under repurchase agreements1 737 + 737 + 737 U.S. government securities Bought outright—Bills 110,940 - 3,240 • 14,018 Notes 91,582 0 + 155 Bonds 30,963 0 + 350 Total bought outright2 233,484 - 3,240 •f 14,523 Held under repurchase agreements1 2,532 * 2,532 + 2,532 Total U.S. government securities 236,017 - 707 + 17,056 Total loans and securities 243,519 + 13 + 17,602 Items in process of collection (774) 6,699 - 3,682 - 1,420 Bank premises 847 + 1 + 70 Other assets3 40,631 - 2 + 3,673 TOTAL ASSETS (774) 311,823 - 3,671 + 19,981 LIABILITIES Federal Reserve notes 256,119 - 362 * 25,038 Deposits Depository institutions 34,046 - 2,680 - 6,572 U.S. Treasury—general account 6,244 + 1,847 + 106 Foreign—official accounts 201 - 69 - 16 Other 302 * 54 + 26 Total deposits 40,793 - 848 - 6,456 Deferred availability cash items (774) 5,896 - 2,302 - 4 Other liabilities and accrued dividends4 3,761 - 177 • 907 TOTAL LIABILITIES 1 (774) 306,569 - 3,689 + 19,485 CAPITAL ACCOUNTS Capital paid in 2,402 + 2 + 202 Surplus 2,243 0 • 131 Other capital accounts 610 * 16 + 163 * 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 $ 6,735 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 67 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 $ 74 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commiltments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, OCTOBER 17, 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 351 0 HHiitthhiinn 1155 ddaayyss 10,539 984 908 t 836 16 days to 90 days 38 0 1166 ddaayyss ttoo 9900 ddaayyss 55,957 + 638 600 99 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 71,427 227 1,761 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 60,431 91 2,531 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,126 43 1,125 0 OOvveerr 1100 yyeeaarrss 24,536 0 188 0 Total 389 0 TToottaall 236,017 707 7,114 + 737 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 17, 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 ,11,061 750 3,504 384 688 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 547 43 16 32 37 103 59 29 34 13 33 50 99 Loans 389 11 5 25 5 0 12 27 143 85 35 27 14 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 737 0 757 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 110,940 7,453 40,953 3,231 6,646 10,326 3,874 13,531 3,217 1,772 3,621 3,960 12,357 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 233,484 15,686 86,191 6,800 13,987 21,731 8,153 28,476 6,770 3,730 7,620 8,334 26,007 Held under repurchase agreements1 2,532 0 2,532 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 236,017 15,686 88,723 6,800 13,987 21,731 8,153 28,476 6,770 3,730 7,620 8,334 26,007 Total loans and securities 243,519 16,125 91,819 7,010 14,375 22,325 8,388 29,281 7,098" 3,916 7,862 8,588 26,730 Items in process of collection 7,473 356 987 410 309 569 730 686 215 417 730 712 1,353 Bank premises 847 90 66 45 35 123 58 110 27 32 53 60 148 Other assets3 40,631 1,612 11,499 1,753 2,211 3,102 3,613 5,053 1,084 1,129 1,520 2,818 5,237 Interdistrict settlement account 0 +118 +4,789 -422 +1,420 -4,685 -865 +3,150 -804 -746 -1,245 +1,107 -1,817 TOTAL ASSETS 312,597 19,625 115,575 9,459 19,582 23,290 12,779 40,786 8,291 5,117 9,737 14,354 34,002 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 $ 6,735 million matched sale-purchase transactions outstanding at the end of the latest statement week, Includes $ 67 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 $ 74 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 OCTOBER 17, 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 256,119 16,892 97,647 6,860 17,418 19,218 7,964 36,155 6,852 3,658 7,507 11,220 24,727 Deposits Depository institutions 34,046 2,001 7,210 1,987 1,422 2,940 3,482 2,920 1,025 823 1,227 2,062 6,947 U.S. Treasury—general account 6,244 0 6,244 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 201 6 91 7 8 9 15 19 4 5 6 11 20 Other 302 1 155 1 2 43 1 77 1 5 3 6 8 Total deposits 40,793 2,007 13,700 1,995 1,432 2,992 3,498 3,016 1,029 832 1,236 2,080 6,975 Deferred credit items 6,670 327 798 278 288 483 701 616 188 434 701 562 1,294 Other liabilities and accrued dividends * 3,761 190 1,940 87 169 267 105 354 82 49 95 105 319 TOTAL LIABILITIES 307,343 19,416 114,085 9,220 19,308 22,959 12,268 40,142 8,151 4,973 9,539 13,966 33,315 CAPITAL ACCOUNTS Capital paid in 2,402 91 665 113 124 145 245 293 63 68 92 185 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 610 55 218 27 27 46 47 70 15 8^ 18 32 67 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 312,597 19,625 115,575 9,459 19,582 23,290 12,779 40,786 8,291 5,117 9,737 14,354 34,002 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 299,060 19,640 104,442 8,745 19,389 25,374 12,141 39,869 8,844 4,653 9,911 13,843 32,208 Less—Held by F.R. Banks 42,941 2,748 6,795 1,885 1,971 6,156 4,177 3,714 1,992 995 2,404 2,623 7,482 F.R. notes, net 256,119 ! 16,892 97,647 6,860 17,418 19,218 7,964 36,155 6,852 3,658 7,507 11,220 24,727 Collateral held against F.R. notes | Gold certificate account 11,061 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities' 236,539 Total collateral 256,119 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