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. ^MLR^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 8, 1990 Millions of dollars Averages of dailv figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek Bnded Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 7, 1990 Oct 31, 1990 Nov 8, 1989 Nov 7, 1990 Reserve Bank credit1 2 288,203 + 3,826 + 25,525 286,189 U.S. government securities Bought outright—system account 238,926 + 4,046 + 22,175 237,943 Held under repurchase agreements 1,274 + 1,274 + 1,274 0 Federal agency obligations Bought outright 6,343 0 - 182 6,343 Held under repurchase agreements 121 + 121 + 121 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 40 - 64 + 14 6 Seasonal credit 212 - 83 • 53 198 Extended credit 24 - 7 + 6 22 Float 684 + 15 - 528 1,031 Other F.R. assets 40,579 - 1,477 + 2,592 40,646 Gold stock 11,060 0 - 2 11,060 Special drawing rights certificate account 10,018 • 1,286 • 1,500 10,018 Treasury currency outstanding 20,289 + 10 + 782 20,289 Total factors supplying reserve funds 329,569 _. 5,121 _ 27,804 327,555 Currency in circulation* 275,702 + 1,169 + 25,572 276,379 Treasury cash holdings* 545 + 9 + 101 551 Deposits* other than reserve balances, with F.R. Banks Treasury 6,519 + 245 + 1,158 5,996 Foreign 245 - 4 + 23 236 Service-related balances and adjustments3 2,005 - 34 + 22 2,005 Other 245 - 279 - 84 224 Other F.R. liabilities and capital 10,164 + 818 + 2,086 8,902 Total factors? other than reserve balances. absorbing reserve funds 295,425 + 1,924 + 28,877 294,292 Reserve balances with F.R. Banks4 34,144 j. 3,197 - 1,073 33,264 On November 7, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 239,590 million, a change of - $ 1,403 million for the week. 1 Net of $ 5,323 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,323 million was with foreign official and international accounts. Includes securities loaned-futiy secured by U.S. government securities. 2 Net of $ 6,305 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,305 million was with foreign official and international accounts. Includes $ 189 million securities toaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,733 million and adjustments of $ 272 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 ** HHeeddnneessddaayy Wednesday Wednesday Nov 7, 1990 Oct 31, 1990 Nov 8, 1989 ASSETS Gold certificate account 11,060 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 551 - I • 55 - Loans 225 366 • 48 Acceptances 0 0 0 Federal agency obligations Bought outright 6,343 0 - 182 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 115,399 + 181 + 20,843 Notes 91,582 0 + 155 Bonds 30,963 0 + 350 Total bought outright2 237,943 + 181 + 21,348 Held under repurchase agreements1 0 0 0 Total U.S. government securities 237,943 + 181 + 21,348 Total loans and securities 244,511 - 185 + 21,214 Items in process of collection (731) 6,398 + 405 _ 319 8>ank premises 853 0 + n Other assets3 39,789 - 2,106 + 2,007 TOTAL ASSETS (731) 313,180 - 1,887 + 24,532 LIABILITIES Federal Reserve notes 257,191 + 1,331 + 24,879 Deposits Depository institutions 35,116 + 570 - 1,603 U.S. Treasury—general account 5,996 - 1,611 + 46 Foreign—official accounts 236 - 61 + 46 Other 224 - 1,553 » 4 Total deposits 41,572 - 2,654 - 1,515 Deferred availability cash items (731) 5,515 + 529 - 185 Other liabilities and accrued dividends4 3,680 + 110 • 937 TOTAL LIABILITIES (731) 307,958 - 684 + 24,116 CAPITAL ACCOUNTS Capital paid in 2,402 + 1 + 177 Surplus 2,243 0 + 131 Other capital accounts 577 - 1,204 + 108 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include US, 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 Met of S 6,305 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 189 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 S 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, NOVEMBER 7, 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 Meekly Weekly Holdings Holdings changes changes Hi thin 15 days 72 0 WWiitthhiinn 1155 ddaayyss 88,,333344 5,412 0 99 I6 days to 90 days 153 0 1166 ddaayyss ttoo 9900 ddaayyss 5588,,661144 + 3,644 819 + * 114 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7733,,884488 + 1,949 1,695 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,448844 0 2,516 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,112266 0 1,125 0 OOvveerr 1100 yyeeaarrss 2244,,553366 0 188 0 Total 225 0 TToottaall 223377,,994433 + 181 6,343 0 ! 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 NOVEMBER 7, 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 11,060 750 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 36 38 105 60 27 36 13 32 49 94 Loans 225 7 1 0 3 0 10 12 87 49 32 24 2 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,343 426 2,341 185 380 590 221 774 184 101 207 226 706 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 115,399 7,753 42,599 3,361 6,913 10,741 4,030 14,074 3,346 1,843 3,766 4,119 12,854 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 Ponds 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 237,943" 15,985 87,837 6,929" 14,255 22,146 8,309 29,020" 6^899 3,801" 7,765 8,493 26,503 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 237,943 15,985 87,837 6,929 14,255 22,146 8,309 29,020 6,899 3,801 7,765" 8,493 26,503 Total loans and securities 244,511 16,418 90,179 7,114 14,637 22,737 8,540 29,806 7,170 3,951 8,004 8,743 27,212 Items in process of collection 7,129 362 807 428 307 517 749 641 220 411 809 578 1,300 Bank premises 853 90 71 45 35 123 58 110 27 32 53 62 149 Other assets3 39,789 1,599 11,218 1,685 2,229 3,072 3,516 4,930 1,065 1,112 1,490 2,748 5,124 Interdistrict settlement account 0 + 129 +7,691 -700 +643 -5,917 +581 +2,139 -635 -855 -1,387 +1,049 -2,738 TOTAL ASSETS 313,911™ 20^104 116,879 9,311 19,222 22,605 14,273 40,367 8,536 5,039 9,758 14,277 33,541 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 $ 6,305 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 189 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 NOVEMBER 7, 1990 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a r n is co LIABILITIES Federal Reserve notes 257,191 17,318 97,809 6,784 17,103 18,772 9,120 35,803 7,222 3,751 7,712 11,444 24,353 Deposits Depository institutions 35,116 2,053 8,813 1,896 1,410 2,758 3,905 2,926 907 683 983 1,806 6,976 U.S. Treasury--general account 5,996 0 5,996 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 236 6 127 7 8 9 15 19 4 5 6 11 20 Other 224 11 8866 22 I 41 1 7755 0 5 4 5 4 Total deposits 41,572 22,,006600~~ iiss "",,002211"" 11,,990055 1,419 2,809 3,920 33,,001199 912 692 993 1,822 7,000 Deferred credit items 6,246 328 729 295 256 427 617 550 180 403 758 519 1,182 Other liabilities and accrued dividends1 3,680 119922 11,,003311 8899 117722 226677 110088 360 83 49 97 107 323 TOTAL LIABILITIES 308,689 ""1199,,889988"" TTii55,,339900 99,,007744 1188,,995500 ~~2222,,227755 1133,,776666 39,733 8,397 4,896 9,560 13,892 32,859 CAPITAL ACCOUNTS Capital paid in 2,402 90 666 113 124 147 245 293 63 68 92 184 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 577 33 215 25 25 44 43 61 14 7 17 30 63 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 313,911 20,104 116,879 9,311 19,222 22,605 14,273 40,367 8,536 5,039 9,758 14,277 33,541 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 301,496 20,093 105,622 8,640 19,096 24,945 13,220 39,769 9,188 4,728 10,145 14,107 31,943 Less—Held by F.R. Banks 44,304 2,775 77,,881122 11,,885566 11,,999944 66,,117744 44,,110000 33,,996655 11,,996666 997788 22,,443333 22,,666633 7,590 F.R. notes, net 257,191 17,318 9977,,880099"" 66,,778844 1177,,110033 1188,,777722 99,,112200 3355,,880033 77,,222222"" 33,,7755ll"" 77,,771122 1111,,444444 24,353 Collateral held against F.R. notes Gold certificate account : 11,060 Special drawing rights certificate account 10,018 Other eligible assets o U.S. govt, and agency securities | 236,113 j Total collateral 257,191 j 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