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 ••fWRt**: 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 December 6, 1990 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week Bnded Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 5, 1990 Nov 28, 1990 Dec T, 1989 Dec 5, 1990 Reserve Bank credit1 2 291,872 + 3,337 + 25,202 291,084 U.S. government securities Bought outright—system account 241,823 + 3,455 * 18,820 241,340 Held under repurchase agreements 2,381 - 1,418 + 2,381 2,006 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 341 4 109 + 341 376 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 15 - 36 - 43 19 Seasonal credit 97 - 36 + 6 87 Extended credit 25 0 + 4 24 Float 1,376 + 1,025 + 696 1,293 Other F.R. assets 39,472 + 238 + 3,180 39,596 Gold stock 11,059 0 - 1 11,058 Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,329 + 10 • 770 20,329 Total factors supplying reserve funds 333,278 3,347 _ 27,471 332,489 Currency in circulation* 279,835 - 240 + 25,998 280,441 Treasury cash holdings* 548 - 7 + 103 544 Deposits, other than reserve balances, with F.R. Banks Treasury 5,651 + 757 + 489 5,879 Foreign 245 + 33 - 81 217 Service-related balances and adjustments3 1,885 - 41 - 18 1,885 Other 222 - 16 - 62 214 Other F.R. liabilities and capital 9,488 + 259 + 1,024 9,276 Total factors, other than reserve balances, absorbing reserve funds 297,874 + 745 + 27,452 298,455 Reserve balances with F.R. Banks4 35,404 + 2,602 + 19 34,034 On December 5, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 252,573 million, a change of + $ 6,608 million for the week. 1 Net of $ 6,089 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,089 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. J 2 Net of $ 6,553 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,553 million was with foreign official and international accounts. Includes $ 228 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,746 million and adjustments of $ 140 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

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON DECEMBER 5, 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 261,187 18,554 99,496 6,783 16,861 18,465 11,036 35,606 7,379 3,846 7,735 11,282 24,143 Deposits Depository institutions 35,715 1,686 7,592 1,839 1,563 3,242 3,674 3,036 1,038 781 1,130 2,023 8,110 U.S. Treasury—general account 5,879 0 5,879 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 217 6 108 7 8 9 15 19 4 5 6 11 20 Other 214 1 92 2_ 1 34 2 70 0 5 2 2 2 Total deposits 42,025 1,692 13,671 1,848 1,572 3,285 3,691 3,125 1,042 790 1,139 2,036 8,133 Deferred credit items 6,782 331 778 339 306 515 652 710 202 426 715 540 1,270 Other liabilities and accrued dividends1 3,679 200 1,754 94 179 278 112 375 87 51 101 112 337 TOTAL LIABILITIES 313,673 20,778 115,698 9,063 18,917 22,544 15,492 39,816 8,710 5,113 9,690 13,969 33,883 CAPITAL ACCOUNTS Capital paid in 2,409 95 667 113 125 148 245 294 63 68 92 185 314 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 945 48 318 39 45 68 77 110 24 18 31 57 111 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 319,270 21,004 117,290 9,316 19,211 22,899 16,032 40,500 8,859 5,266 9,901 14,381 34,610 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 305,939 21,532 107,819 8,539 18,839 24,665 15,146 39,458 9,251 4,750 10,057 14,074 31,811 Less—Held by F.R. Banks 44,752 2,978 8,322 1,755 1,978 6,199 4,109 3,852 1,872 905 2,322 2,792 7,667 F.R. notes, net 261,187 18,554 99,496 6,783 16,861 18,465 11,036 35,606 7,379 3,846 7,735 11,282 24,143 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 240,111 Total collateral 261,187 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

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Dec 5, 1990 Nov 28, 1990 Dec 6, 1989 ASSETS Gold certificate account 11,058 - 1 - 1 Special drawing rights certificate account 10,018 0 + 1,500 Coin 531 - 2 + 54 Loans 130 - 53 - 6 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 376 - 77 * 376 U.S. government securities Bought outright--Bills 118,471 + 2,267 • 18,845 Notes 91,707 + 225 + 325 Bonds 31,163 0 + 350 Total bought outright2 241,340 2,492 + 19,520 •*• Held under repurchase agreements1 2,006 - 3,161 * 2,006 Total U.S. government securities 224433,,334466 - 669 ++ 21,526 Total loans and securities 225500,,119955 - 800 ++ 21,713 - Items in process of collection C824) 7,084 + 1,519 463 Bank premises 861 + 1 * 75 Other assets3 38,699 + 179 + 2,942 TOTAL ASSETS (824) 318,446 + 896 + 25,820 LIABILITIES Federal Reserve notes 261,187 + 302 + 25,265 Deposits Depository institutions 35,715 - 1,855 - 1,661 U.S. Treasury--general account 5,879 + 1,137 + 1,859 Foreign—official accounts 217 - 25 - 24 Other 221144 1166 - 17 Total deposits 4422,,002255 ""ZZ 775599 + 157 Deferred availability cash items C824) 5,958 + 1,159 - 585 Other liabilities and accrued dividends4 3,679 117711 727 TOTAL LIABILITIES ((882244)) 312,849 TT~~~~ 553311 ++ 25,563 CAPITAL ACCOUNTS Capital paid in 2,409 f 2 4- 180 Surplus 2,243 0 + 131 Other capital accounts 945 + 363 - 54 * 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 $ 6,553 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 228 million securities loaned-fuily 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. 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, DECEMBER 5, 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 rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 74 0 WWiitthhiinn 1155 ddaayyss 1111,,557711 1,879 376 338 16 days to 90 days 56 0 1166 ddaayyss ttoo 9900 ddaayyss 5566,,997788 655 907 + 303 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7777,,226677 + 2,642 1,618 50 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,557722 777 2,603 + 8 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,222211 0 1,025 0 OOvveerr 1100 yyeeaarrss 2244,,773366 0 188 0 Total 130 0 TToottaall 224433,,334466 669 6,718 77 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 DECEMBER 5, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificats account 11,058 750 3,501 384 688 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 531 43 20 32 37 106 55 28 35 12 31 46 85 Loans 130 13 0 7 0 4 8 3 39 15 18 20 3 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 376 0 376 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 118,471 7,959 43,733 3,450 7,097 11,026 4,137 14,449 3,435 1,892 3,866 4,228 13,196 Notes 91,707 6,161 33,853 2,671 5,494 8,535 3,202 11,185 2,659 1,465 2,993 3,273 10,215 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 241,340 16,214 89,091 7,028 14,458" 22,462 8,428 29,435 6,998 3,855 7,876 8,614 26,882 Held under repurchase agreements1 2,006 0 2,006 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 243,346 16,214 91,097 7", 028 14,458 22,462 8,428 29,435 6,998 3,855 7,876"" 8,614 26,882 Total loans and securities 250,195 16,652 93,814 7,221 14,838 23,057 8,657 30,211 7>22l" 3,972 8,101 8,860 27,591 Items in process of collection 7,908 384 902 465 395 577 760 836 265 443 784 701 1,394 Bank premises 861 90 72 45 37 122 58 110 27 32 53 67 148 Other assets3 38,699 1,509 10,804 1,647 2,195 2,955 3,497 4,797 1,032 1,091 1,453 2,720 4,998 Interdistrict settlement account 0 +865 +4,782 -798 +376 -5,889 +2,238 +1,805 -375 -659 -1,277 +938 -2,008 TOTAL ASSETS 319,270 21,004 117,290 9,316 19,211 22,899 i6,032 40,500 8,859 5,266 9,901 14,381 34,610 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 $ 6,553 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 228 million securities loaned-fufly 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