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. •t*4iRE*' H.41 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 1, 1990 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssffiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 31, 1990 Oct 24, 1990 Nov 1, 1989" Oct 31, 1990 Reserve Bank credit1 2 284,388 + 524 + 23,896 288,605 U.S. government securities Bought outright—system account 234,880 + 257 + 19,918 237,763 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,343 - 19 - 182 6,343 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 104 + 77 + 73 297 Seasonal credit 295 - 24 + 37 262 Extended credit 31 + 11 + 5 33 Float 685 - 248 + 6 937 Other F.R. assets 42,051 + 470 + 4,039 42,971 Gold stock 11,060 - 1 - 2 11,060 Special drawing rights certificate account 8,732 + 214 + 214 10,018 Treasury currency outstanding 20,279 + 14 + 785 20,279 Total factors supplying reserve funds 324,460 _ 752 ~" 24,893 329,961 - Currency in circulation* 274,533 296 + 25,742 275,043 Treasury cash holdings* 536 + 6 • 93 544 Deposits, other than reserve balances, with F.R. Banks Treasury 6,274 + 1,343 - 162 7,607 Foreign 249 - 6 + 30 297 Service-related balances and adjustments3 2,041 + 94 + 320 2,041 Other 524 + 299 + 32 1,777 Other F.R. liabilities and capital 9,346 • 183 + 1,454 9,995 Total factors, other than reserve balances, absorbing reserve funds 293,502 + 1,623 + 27,509 297,302 Reserve balances with F.R. Banks4 30,958 - 871 - 2,616 32,659 On October 31, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 240,993 million, a change of + $ 2 201 million for the week. 1 Net of $ 5,977 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,977 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,169 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3.169 million was with foreign official and international accounts. Includes $ 365 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,731 million and adjustments of $ 309 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 Hednesday Nednesday Oct 31, 1990 Oct 24, 1990 Nov 1, 1989 ASSETS Gold certificate account 11,060 - 1 - 2 Special drawing rights certificate account 10,018 + 1,500 • 1,500 Coin 551 + 6 + 59 Loans 591 + 227 + 361 Acceptances 0 0 0 Federal agency obligations Bought outright 6,343 0 - 182 Held under repurchase agreementsl 0 0 0 U.S. government securities Bought outright—Bills 115,218 + 4,999 + 19,506 Notes 91,582 0 + 155 Bonds 30,963 0 + 350 Total bought outright2 237,763 + 4,999 + 20,011 Held under repurchase agreements1 0 0 0 Total U.S. government securities 223377,,776633 + 4,999 ++ 20,011 Total loans and securities 224444,,669977 + 5,226 ++ 20,189 Items in process of collection (815) 5,992 + 580 _ 946 Bank premises 853 + 4 + 78 Other assets3 41,896 + 1,092 + 4,422 TOTAL ASSETS (815) 315,067 + 8,407 + 25,298 LIABILITIES Federal Reserve notes 255,860 + 266 + 25,023 Deposits Depository institutions 34,546 + 3,118 - 2,443 U.S. Treasury—general account 7,607 + 2,060 + 474 Foreign—official accounts 297 + 14 + 71 Other 1,777 + 1,575 + 1,385 Total deposits 44,226 + 6,766 - 513 Deferred availability cash items (815) 4,986 • 298 - 1,245 Other liabilities and accrued dividends4 33,,556699 - 117 ++ 780 TOTAL LIABILITIES ((881155)) 330088,,66^^11 + 7,212 24,045 CAPITAL ACCOUNTS Capital paid in 2,402 0 + 179 Surplus 2,243 0 + 131 Other capital accounts 1,781 1,195 + 943 •§• * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federal agency secunties resold under matched sale-purchase transactions to foreign official and international accounts of which $ 2,684 million was outstanding at the end of the latest statement week. 2 Net of $ 3.169 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes % 385 million secunties 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 as Chicago of $ 68 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, OCTOBER 31, 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 Weekly Holdings Holdings changes changes Hithin 15 days 484 0 WWiitthhiinn 1155 ddaayyss 1133,,774477 + 6,467 99 38 16 days to 90 days 108 0 1166 ddaayyss ttoo 9900 ddaayyss 5544,,997700 3,288 705 + 105 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7711,,889999 + 2,767 1,710 62 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,448844 947 2,516 5 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,112266 0 1,125 0 OOvveerr 1100 yyeeaarrss 2244,,553366 0 188 0 Total 591 0 TToottaall 223377,,776633 + 4,999 6,343 0 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 SANK ON OCTOBER 31, 1990 Millions of dollars Kansas San Total Philadelphia Cleveland Atlanta Chicago Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,060 750 3,503 384 688 1,008 465 1,377 346 203 422 585 1,329 Special drawing rights certif. acct 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 551 46 15 35 38 104 61 27 36 13 33 49 96 Loans 591 46 8 7 3 180 60 26 115 64 37 31 14 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 426 2,341 185 380 590 221 774 184 101 207 226 706 Held under repurchase agreements * 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 115,218 7,741 42,533 3,355 6,902 10,724 4,023 14,052 3,341 1,840 3,760 4,112 12,834 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 ZG, )o5 2.080 11,430 902 1,855 2,882 1,081 3,776 898 495 1,010 1,105 3,449 Total bought outright2 15,973 87,770 6,924 14,244 22,129 8,303 28,998 6,894 3,798 7,759 8,486 26,483 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities ?y7,?lz J5,°73 87,770 6,924 14,244 22,129 8,303 28,998 6,894 3,798 7,759 8,486 26,483 Total loans and securities 244,5 3/ 16..44 5 90,120 7,116 14,627 22,899 8,585 29,798 7,193 3,963 8,004 8,744 27,204 Items in process of collection 6,807 303 916 441 278 421 658 584 251 374 685 562 1,333 Bank premises 853 90 71 45 35 123 58 110 27 32 53 62 148 Other assets3 41,896 1,672 11,767 1,793 2,293 3,200 3,743 5,216 1,126 1,171 1,577 2,920 5,418 Interdistrict settlement account 0 -225 +10,552 -997 +498 -6,128 -463 +2,014 -853 -893 -1,327 +1,567 -3,745 TOTAL ASSETS 315,881 19,792 120,339 9,135 19,102 22,588 13,409 40,462 8,433 5,035 9,780 14,952 32,855 _L_ 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 $ 2684 million was outstanding at the end of the latest statement week. 2 Net of $ 3,169 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 365 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 $ 68 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 31, 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 255,860 17,137 97,821 6,728 17,020 18,788 9,000 35,785 6,938 3,614 7,490 11,271 24,268 Deposits Depository institutions 34,546 1,930 8,875 1,726 1,340 2,717 3,125 2,932 1,002 804 1,270 2,530 6,296 U.S. Treasury--general account 7,607 0 7,607 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 297 6 187 7 8 9 15 19 4 5 6 11 20 Other 1,777 2_ 1,637 4 1 27 2 71 1 5 4 14 9 Total deposits 44,226 1,937 18,306 1,736 1,349 2,754 3,142 3,021 1,007 814 1,279 2,556 6,325 Deferred credit items 5,801 279 651 294 226 377 538 515 222 380 673 544 1,102 Other liabilities and accrued dividends1 3,569 187 1,754 86 167 265 104 350 96 49 94 103 314 TOTAL LIABILITIES 309,456 19,540 118,532 8,845 18,763 22,184 12,785 39,670 8,262 4,855 9,536 14,475 32,009 CAPITAL ACCOUNTS Capital paid in 2,402 90 666 113 124 146 245 293 63 68 92 184 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 1,781 79 533 78 92 119 160 218 46 44 64 122 227 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 315,881 19,792 120,339 9,135 19,102 22,588 13,409 40,462 8,433 5,035 9,780 14,952 32,855 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 300,234 19,968 105,028 8,647 19,182 25,053 13,143 39,581 8,950 4,638 9,966 13,991 32,087 Less--Held by F.R. Banks 44,375 2,832 7,207 1,919 2,162 6,264 4,143 3,796 2,012 1,024 2,476 2,720 7,819 F.R. notes, net 255,860 17,137 97,821 6,728 17,020 18,788 9,000 35,785 6,938 3,614 7,490 11,271 24,268 Collateral held against F.R. notes Gold certificate account 11,060 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 234,782 Total collateral 255,860 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