H.4.1 Factors Affecting Reserve Balances of Depository Institutions

'O*GOw 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. *4L Rt H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 13, 1990 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Dec 12, 1990 Dec 5, 1990 Dec 13, 1989 Dec 12, 1990 Reserve Bank credit1 2 289,058 - 2,814 + 21,460 292,795 U.S. government securities Bought outright—system account 241,660 - 163 + 18,620 240,830 Held under repurchase agreements 648 - 1,733 •¥ 190 4,537 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 3 - 338 - 21 21 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 23 + 8 - 6 107 Seasonal credit 76 - 22 - 5 81 Extended credit 24 - 1 + 2 25 Float 491 - 885 - 347 820 Other F.R. assets 39,791 + 319 + 3,209 40,032 Gold stock 11,058 - 1 - 1 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,358 + 10 + 783 20,358 Total factors supplying reserve funds 330,493 - 2,805 _ 23,742 334,230 Currency in circulation* 281,153 + 1,298 + 25,805 281,934 Treasury cash holdings* 551 + 3 4 103 552 Deposits, other than reserve balances, with F.R. Banks Treasury 4,148 - 1,503 - 327 4,515 Foreign 230 - 15 + 7 256 Service-related balances and adjustments3 1,957 + 72 - 208 1,957 Other 224 + 2 - 7 227 Other F.R. liabilities and capital 9,412 - 76 + 954 8,910 Total factors, other than reserve balances, absorbing reserve funds 297,675 - 219 + 26,327 298,352 Reserve balances with F.R. Banks4 32,818 - 2,586 - 2,585 35,878 On December 12, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,491 million, a change of - $ 2,083 million for the week. 1 Net of $ 6,143 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,829 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,886 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,886 million was with foreign official and international accounts, includes $ 95 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,745 million and adjustments of $ 212 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 Nednesday Dec 12, 1990 Dec 5, 1990 Dec 13, 1989 ASSETS Gold certificate account 11,058 0 - 1 Special drawing rights certificate account 10,018 0 + 1,500 Coin 549 + 17 • 53 Loans 212 + 82 + 66 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 21 - 355 - 145 U.S. government securities Bought outright—Bills 117,961 - 510 + 16,760 Notes. 91,707 0 + 325 Bonds 31,163 0 • 350 Total bought outright2 240,830 510 + 17,435 - • Held under repurchase agreements1 4,537 + 2,531 + 1,331 Total U.S. government securities 245,367 •• 22,,002211 18,766 Total loans and securities 251,943 11,,774488 ++ 18,504 - - Items in process of collection (690) 6>354 730 1,240 Bank premises 865 + 3 + 76 Other assets3 39,113 + 415 * 2,834 TOTAL ASSETS (690) 319,900 + 1,454 + 21,726 LIABILITIES Federal Reserve notes 262,677 + 1,490 + 25,299 Deposits Depository institutions 37,845 + 2,130 - 3,013 U.S. Treasury—general account I 4,515 - 1>364 ; 1,177 Foreign—official accounts | 256 •i 38 + 50 Other 227 + 14 * 10 Total deposits 42,843 + 819 "" 4,130 Deferred avariability cash items | (690) 5,469 i 489 ~ 476 Other liabilities and accrued dividends4 | 3,657 - 22 1 + 654 TOTAL LIABILITIES (690) 314,647 + 1,798 * 21,348 CAPITAL ACCOUNTS Capital paid in 2,416 + 7 * 184 Surplus 2,243 0 + 131 Other capital accounts 594 - 351 + 63 * 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 $ 6,886 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 95 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 $ 70 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 12, 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 154 0 WWiitthhiinn 1155 ddaayyss 1133,,003377 + 1,465 6666 310 } 16 days to 90 days 58 0 1166 ddaayyss ttoo 9900 ddaayyss 5577,,662233 + 644 886622 45 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7777>>117788 88 11,,664488 + 30 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,557722 0 22,,557733 30 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,222211 0 11,,002255 0 OOvveerr 1100 yyeeaarrss 2244,,773366 0 118888 0 Total 212 0 TToottaall 224455,,336677 + 2,021 66,,336633 355 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 12, 1990 Millions of dollars Kansas San Total Boston Hew York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate 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 549 43 19 33 38 108 59 31 35 13 34 47 89 Loans 212 11 5 4 0 5 8 4 116 18 19 19 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 21 0 21 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 117,961 7,925 43,545 3,435 7,067 10,979 4,119 14,387 3,420 1,884 3,850 4,210 13,139 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 240,830 16,179 88,903 7,014 14,428 22,415 8,410 29,372" 6,983 3,847 7,859 8,596 26,825 Held under repurchase agreements1 4,537 0 4,537 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 245,367 16,179 93,440 7,014 14,428 22,415 8",4i0 29,372 6,983" 3,847 7,859 8,596 26,825 Total loans and securities 251,943 16,616 95,807 7,202 ~ 14,808 23,011 8,640 30,149 7,283 3,967 8,085 8,841 27,534 Items in process of collection 7,044 371 794 432 230 455 900 725 195 408 689 557 1,289 Bank premises 865 89 75 45 36 122 58 110 28 33 S3 67 149 Other assets3 39,113 1,528 11,068 1,658 2,166 2,981 3,517 4,824 1,041 1,097 1,464 2,737 5,033 Interdistrict settlement account _ ° +1,214 +2,660 -625 +622 -5,775 +2,478 +2,275 -84 -613 -1,046 +1,256 -2,362 TOTAL ASSETS 320,590 21,322 117,320 9,448 19,234 22,871 16,419 40,827 9,151 5,278 10,034 14,553 34,132 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 Met of S 6,886 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 95 million securities ioaned-fully secured by U,5, government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of S 70 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 DECEMBER 12, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 262,677 18,827 100,793 6,800 16,815 18,592 11,085 35,750 7,409 3,854 7,774 11,210 23,768 Deposits Depository institutions 37,845 1,737 7,802 1,997 1,746 3,194 4,054 3,412 1,338 854 1,307 2,296 8,106 U.S. Treasury—general account 4,515 0 4,515 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 256 6 146 7 8 9 15 19 4 5 6 11 20 Other 227 1 97 3 1 34 2 73 0 5 8 3 2 Total deposits 42,843 1,744 12,561 2,006 1,755 3,237 4,070 3,504 1,343 864 1,321 2,310 8,123 Deferred credit items 6,159 337 721 311 210 431 644 560 174 366 641 536 1,227 Other liabilities and accrued dividends1 3,657 196 1,756 92 178 275 113 367 86 51 99 111 333 TOTAL LIABILITIES 315,337 21,104 115,831 9,209 18,958 22,536 15,913 40,181 9,012 5,134 9,835 14,166 33,456 CAPITAL ACCOUNTS Capital paid in 2,416 95 667 113 125 148 245 300 63 68 92 185 314 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 594 40 214 26 27 47 43 66 14^ 9_ 19 32 59 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 320,590 21,322 117,320 9,448 19,234 22,871 16,419 40,827 9,151 5,278 10,034 14,553 34,132 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 306,737 21,717 108,960 8,494 18,851 24,569 15,074 39,486 9,260 4,736 10,029 13,993 31,566 Less—Held by F.R. Banks 44,060 2,891 8,167 1,694 2,037 5,977 3,989 3,736 1,851 883 2,254 2,783 7,799 F.R. notes> net 262,677 18,827 100,793 6,800 16,815 18,592 11,085 35,750 7,409 3,854 7,774 11,210 23,768 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 241,601 Total collateral 1 262,677 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