H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE statistical release 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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 28, 1990 Millions of dollars Avera< ies of daily figures Reserve balances of depository institutions at Meek ended Change from week ended Hednesday F.R. Banks> Reserve Bank credit, and related items Dec 26, 1990 Dec 19, 1990 Dec 27, 1989 Dec 26, 1990 Reserve Bank credit1 2 291,396 • 4,893 • 20,633 294,255 U.S. government securities Bought outright—system account 238,901 - 401 • 16,958 237,937 Held under repurchase agreements 3,587 • 3,587 • 917 3,632 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 9 • 9 - 253 10 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 754 • 703 • 348 4,880 Seasonal credit 76 - 5 - 14 74 Extended credit 22 0 • 6 25 Float 1,331 • 660 - 342 759 Other F.R. assets 40,373 • 340 • 3,196 40,597 Gold stock 11,058 0 - 1 11,058 Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,378 •f 10 • 768 20,378 Total factors supplying reserve funds 332,851 _ 4,903 _. 22,900 335,710 Currency in circulation* 284,928 • 2,457 • 25,812 286,167 Treasury cash holdings* 553 •f 1 • 106 553 Deposits> other than reserve balances> with F.R. Banks Treasury 6,810 • 1,405 • 2,240 11,375 Foreign 236 • 2 • 21 180 Service-related balances and adjustments3 1,939 - 220 • 117 1,939 Other 201 - 45 - 137 240 Other F.R. liabilities and capital 9,093 • 146 • 953 8,826 Total factors, other than reserve balances. absorbing reserve funds 303,760 • 3,747 • 29,110 309,279 Reserve balances with F.R. Banks4 29,091 • 1,156 - 6,210 26,431 On December 26,1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,684 million, a change of + $ 1,713 million for the week. 1 Net of $ 5,512 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,512 million was with foreign official and international accounts. Includes securities loaned-fuliy secured by U.S. government securities. 2 Net of $ 6,459 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,459 million was with foreign official and international accounts. Includes $ 145 million securities loaned-fuily secured U.S. government securities. 3 Consists of required clearing balances of $ 1,793 million and adjustments of $ 146 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 Dec 26, 1990 Dec 19, 1990 Dec 27, 1989 ASSETS Gold certificate account 11,058 0 - 1 Special drawing rights certificate account 10,018 0 • 1,500 Coin 546 - 13 • 79 Loans 4,979 • 4,840 4 2,820 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 10 • 10 - 1,491 U.S. government securities Bought outright—Bills 115,367 - 2,918 • 15,366 Notes 91,407 0 • 25 Bonds 31,163 __ 00 350 Total bought outright2 237,937 22,,991188 15,741 Held under repurchase agreements1 3,632 • 3,632 - 8,124 Total U.S. government securities 241,569 •• 771144 •• 7,617 Total loans and securities 252,899 55,,556644 8,764 - - Items in process of collection (364) 4,043 3,058 4,108 Bank premises 870 • 4 • 81 Other assets3 39,756 • 802 • 2,619 TOTAL ASSETS (364) 319,191 • 3,299 • 8,934 LIABILITIES Federal Reserve notes 266,887 • 2,672 • 25,288 Deposits Depository institutions 28,639 - 1,515 - 19,497 U.S. Treasury--general account 11,375 • 4,719 • 6,345 Foreign—official accounts 180 - 66 - 90 Other 224400 - 84 - 284 Total deposits 4400,,443333 + 3,053 - 13,525 Deferred availability cash items (364) 3,044 - 2,642 - 3,593 Other liabilities and accrued dividends4 33,,557755 + 283 __ 377 TOTAL LIABILITIES ((336644)) 331133,,993399 • 3,366 8,547 CAPITAL ACCOUNTS Capital paid in 2,423 + 5 + 176 Surplus 2,243 0 • 131 Other capital accounts 586 - 72 + 81 * 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 $ 6.459 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 145 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 $ 45 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 26, 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 4,979 0 WWiitthhiinn 1155 ddaayyss 1111,,448899 464 221100 35 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 5566,,888822 608 773377 • 75 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7755,,996688 + 1,786 11,,663399 9 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,337722 0 22,,555555 18 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,112211 0 11,,002222 3 OOvveerr 1100 yyeeaarrss 2244,,773366 0 118888 0 Total 4,979 0 TToottaall 224411,,556699 + 714 66,,335522 • 10 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 26, 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 11,058 750 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 546 43 16 32 40 106 54 32 36 14 34 46 93 Loans 4,979 25 3,515 4 0 7 53 269 56 12 162 26 850 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,342 426 2,341 185 380 590 221 773 184 101 207 226 706 Held under repurchase agreements1 10 0 10 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 115,367 7,751 42,588 3,360 6,911 10,738 4,029 14,070 3,345 1,843 3,765 4,118 12,850 Notes 91,407 6,141 33,743 2,662 5,476 8,508 3,192 11,148 2,650 1,460 2,983 3,263 10,181 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 237,937 15,985 87,834 6,929 14,254 22,146 8,309 29,019 6,899 3,801 7,765 8,492 26,502 Held under repurchase agreements1 3,632 0 3,632 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 241,569 15,985 91,466 6,929 14,254 22,146 8,309 29,019 6,899 3,801 7,765 8,492 26,502 Total loans and securities 252,899 16,436 97,332 7,118 14,634 22,743 8,584 30,062 7,139 3,914 8,134 8,745 28,058 Items in process of collection 4,407 244 526 287 120 272 288 341 156 529 286 772 586 Bank premises 870 90 76 45 36 122 58 110 28 33 53 71 148 Other assets3 39,756 1,554 11,374 1,674 2,196 3,036 3,552 4,884 1,059 1,106 1,477 2,753 5,090 Interdistrict settlement account 0 + 945 +7,298 -1,067 +1,201 -6,515 +2,926 +2,157 -320 -640 -1,318 +951 -5,618 TOTAL ASSETS 319,555 20,772 123,520 8,793 19,560 21,733 16,229 40,299 8,751 5,331 9,423 14,386 30,758 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 $ 6,459 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 145 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 $ 45 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 26, 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 266,887 18,831 102,279 7,029 16,934 18,873 11,827 35,945 7,473 3,915 7,790 11,462 24,529 Deposits Depository institutions 28,639 1,353 6,015 1,278 2,047 2,047 3,514 2,971 942 690 1,124 1,908 4,749 U.S. Treasury—general account 11,375 0 11,375 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 180 6 70 7 8 9 15 19 4 5 6 11 20 Other 240 0 160 2 2 12 2 49 1 5 3 1 3 Total deposits 40,433 1,359 17,620 1,287 2,058 2,068 3,531 3,038 947 700 1,133 1,921 4,772 Deferred credit items 3,408 171 444 146 117 185 252 300 107 523 204 508 452 Other liabilities and accrued dividends1 3,575 193 1,693 91 177 272 112 366 85 49 97 109 330 TOTAL LIABILITIES 314,303 20,554 122,036 8,552 19,286 21,398 15,721 39,650 8,612 5,188 9,224 14,000 30,084 CAPITAL ACCOUNTS Capital paid in 2,423 97 667 115 125 148 246 300 64 68 93 185 315 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 586 38 209 26 26^ 47 44 69 14 8_ 18_ 31 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 319,555 20,772 123,520 8,793 19,560 21,733 16,229 40,299 8,751 5,331 9,423 14,386 30,758 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 305,635 21,426 108,858 8,404 18,687 24,622 15,249 39,047 9,192 4,705 9,930 13,972 31,543 Less—Held by F.R. Banks 38,748 2,596 6,579 1,374 1,753 5,749 3,423 3,102 1,719 790 2,139 2,510 7,014 F.R. notes, net 266,887 18,831 102,279 7,029 16,934 18,873 11,827 35,945 7,473 3,915 7,790 11,462 24,529 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 245,811 Total collateral 266,887 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