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. "••f^LRE^V H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 29, 1990 Millions of dollars Averages of da ily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Chang B from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 28, 1990 Nov 21, 1990 Nov 29," 1989 Nov 28, 1990 Reserve Bank credit1 2 288,589 + 670 + 24,222 291,068 U.S. government securities Bought outright—system account 238,368 + 45 + 22,114 238,849 Held under repurchase agreements 3,799 + 80 - 6 5,167 Federal agency obligations Bought outright 6,343 0 - 183 6,342 Held under repurchase agreements 232 + 87 ... 88 453 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 51 + 44 - 496 29 Seasonal credit 133 - 14 + 24 128 Extended credit 25 + 1 0 26 Float 388 „ 37 - 596 493 Other F.R. assets 39,251 + 464 + 3,452 39,581 Gold stock 11,059 0 - 1 11,059 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,319 -i- 10 + 773 20,319 Total factors supplying reserve funds 329,985 _ 680 _ 26,494 332,464 Currency in circulation* 280,075 + 1 ,170 + 26,439 280,119 Treasury cash holdings* 555 - 1 + . 107 552 Deposits, other than reserve balances, with F.R. Banks Treasury 4,894 - 481 - 199 4,742 Foreign 213 - 16 - 40 242 Service-related balances and adjustments3 1,926 + 31 - 40 1,925 Other 238 „ 16 - 219 229 Other F.R. liabilities and capital 9,228 + 214 4 1,316 9,082 Total factors, other than reserve balances, absorbing reserve funds 297,129 X. 900 + 27,365 296,891 Reserve balances with F.R. Banks4 32,856 ~ 220 - 871 35,573 On November 28, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 245,965 million, a change of + $ 4,007 million for the week. 1 Net of $ 6,335 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,335 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 5,940 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,940 million was with foreign official and international accounts. Includes $ 372 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,748 million and adjustments of $ 178 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 Nov 28, 1990 Nov 21, 1990 Nov 29, 1989 ASSETS Gold certificate account 11,059 0 - 1 Special drawing rights certificate account 10,018 0 + 1,500 Coin 533 - 14 + 61 Loans 183 + 15 - 1,042 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 453 + 362 - 711 U.S. government securities Bought outright—Bills 116,204 + 490 •f 21,727 Notes 91,482 + 100 + 100 Bonds 31,163 0 + 350 Total bought outright2 238,849 + 590 + 22,177 Held under repurchase agreements1 55,,116677 ++ 22,,664488 - 7,059 Total U.S. government securities 224444,,001166 ++ 33,,223388 + 15,118 Total loans and securities 250,994 + 3,615 + 13,182 - - Items in process of collection (753) 5,565 467 710 Bank premises 860 0 + 84 Other assets3 38,520 • 477 • 2,398 TOTAL ASSETS (753) 317,550 •¥ 3,610 + 16,514 LIABILITIES Federal Reserve notes 260,885 + 117 * 25,586 Deposits Depository institutions 37,570 + 2,627 - 7,454 U.S. Treasury—general account 4,742 + 1,470 - 1,727 Foreign--official accounts 242 + 27 + 56 Other 229 + 19 - 720 Total deposits 42,784 + 4,143 - 9,844 Deferred availability cash items (753) 4,799 - 899 - 454 Other liabilities and accrued dividends4 3,850 + 263 •¥ 810 TOTAL LIABILITIES (753) 312,318 + 3,624 + 16,097 CAPITAL ACCOUNTS Capital paid in 2,407 0 + 177 Surplus 2,243 0 + 131 Other capital accounts 582 ~ 14 + 109 * 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 Het of $ 5,940 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 372 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 $ 55 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 28, 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 Within 15 days 175 0 WWiitthhiinn 1155 ddaayyss 1133,,445500 172 714 + 269 16 days to 90 days 8 0 1166 ddaayyss ttoo 9900 ddaayyss 5577,,663344 + 489 604 + 85 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7744,,662255 + 2,922 1,668 30 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6600,,334499 0 2,595 + 38 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,222211 0 1,025 0 OOvveerr 1100 yyeeaarrss 2244,,773366 0 188 0 Total 183 0 TToottaall 224444,,001166 + 3,238 6,795 + 362 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 NOVEMBER 28, 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 11,059 750 3,502 384 688 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 533 43 18 34 36 105 56 27 35 13 31 46 90 Loans 183 6 1 3 0 5 11 5 62 27 19 23 20 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,342 426 2,341 185 380 590 221 774 184 101 207 226 706 Held under repurchase agreements1 453 0 453 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 116,204 7,807 42,897 3,384 6,961 10,816 4,058 14,173 3,369 1,856 3,792 4,148 12,943 Notes 91,482 6,146 33,770 2,664 5,480 8,515 3,195 11,157 2,653 1,461 2,985 3,265 10,190 Bonds 31,163 2,094 11,504 908 1,867 2,900 1,088 3,801 904 498 1,017 1,112 3,471 Total bought outright2 238,849 16,046 88,171 6,956 14,309 22,230 8,341 29,131 6,926 3,815 7,795 8,525 26,604 Held under repurchase agreements1 5,167 0 5,167 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 244,016" 16,046 93,338 6,956 14,309 22,230 8,341 29,131 6,926 3,815 7,795 8,525 26,604 Total loans and securities 250,994 16,478 96,134 7,144 14,689 22,825 8,574 29,909 7,171 3,944 8,021 8,775 27,332 Items in process of collection 6,318 342 1,749 370 265 398 786 505 175 378 710 567 73 Bank premises 860 90 72 45 35 122 58 110 27 33 53 67 148 Other assets3 38,520 1,491 10,748 1,633 2,129 2,970 3,478 4,725 1,024 1,080 1,440 2,694 5,109 Interdistrict settlement account 0 +1,109 +1,843 -533 +1,084 -6,364 +1,760 +2,280 -249 -619 -1,234 +1,729 -805 TOTAL ASSETS 318,303 21,014 117,460 9,395 19,570 22,025 15,480 40,269 8,837 5,202 9,776 14,927 34,346 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 $ 5,940 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 372 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 $ 55 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 28, 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 260,885 18,396 99,024 6,877 16,946 18,583 10,652 35,671 7,409 3,772 7,703 11,493 24,359 Deposits Depository institutions 37,570 1,911 9,336 1,912 1,912 2,452 3,655 3,030 1,035 854 1,101 2,460 7,913 U.S. Treasury—general account 4,742 0 4,742 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 242 6 132 7 8 9 15 19 4 5 6 11 20 Other 229 2 126 2 2 20 2 58 1 5 3 6 2 Total deposits 42,784 1,918 14,337 1,921 1,922 2,481 3,672 3,107 1,040 864 1,109 2,478 7,936 Deferred credit items 5,552 294 672 269 250 351 536 484 163 371 668 460 1,035 Other liabilities and accrued dividends1 3,850 197 1,946 90 177 277 113 370 86 51 99 111 334 TOTAL LIABILITIES 313,071 1 20,804 115,979 9,157 19,295 21,692 14,973 39,632 8,698 5,058 9,579 14,541 33,662 CAPITAL ACCOUNTS Capital paid in 2,407 91 666 113 125 148 245 293 63 68 92 185 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 582 35 207 25 27_ 47 45 65 14 9_ 17 30 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 318,303 21,014 117,460 9,395 19,570 22,025 15,480 40,269 8,837 5,202 9,776 14,927 34,546 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 304,187 21,143 106,818 8,576 18,809 24,718 14,724 39,203 9,213 4,696 10,086 14,170 52,051 Less—Held by F.R. Banks 43,302 2,747 7,794 1,699 1,863 6,135 4,073 3,532 1,804 923 2,384 2,677 7,671 F.R. notes, net 260,885 18,396 99,024 6,877 16,946 18,583 10,652 35,671 7,409 3,772 7,703 11,493 24,559 Collateral held against F.R. notes Gold certificate account 11,059 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 239,808 Total collateral 260,885 1 Includes exchange translation account reflecting the monthiy 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