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. M.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 10, 1991 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Neek ended Change from week ended Wednesday F.R. Banks, Reserve Bank credit» and related items Jan 9, 1991 Jan 2, 1991 Jan 10, 1990 Jan 9, 1991 Reserve Bank credit1 2 283,455 _ 14,769 4 9,246 279,314 U.S. government securities Bought outright—system account 235,246 - 440 * 11,101 231,779 Held under repurchase agreements 828 - 9,641 - 1,727 0 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 93 - 358 - 192 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 281 • 96 • 183 597 Seasonal credit 23 - 36 - 16 21 Extended credit 20 - 3 + 2 22 Float 1,181 - 3,508 - 227 1,208 Other F.R. assets 39,443 ~ 879 4- 306 39,347 Gold stock 11,058 - 1 - 2 11,058 Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,398 * 10 754 20,398 Total factors supplying reserve funds 324,930 - 14,760 11,498 320,788 - Currency in circulation* 286,237 623 4- 27,087 285,520 Treasury cash holdings* 566 • 11 + 102 566 Deposits, other than reserve balances, with F.R. Banks Treasury 6,906 - 1,081 • 1,490 5,577 Foreign 257 - 62 • 11 197 Service-related balances and adjustments3 2,623 + 370 • 411 2,623 Other 161 . 73 - 3 150 Other F.R. liabilities and capital 8,210 - 458 -. 662 8,186 Total factors, other than reserve balances, absorbing reserve funds 304,959 - 1,916 «f 28,435 302,818 Reserve balances with F.R. Banks4* 19,971 - 12,844 - 16,937 17,970 On January 9, 1991, marketable US. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,171 million, a change of + $ 1,037 million for the week. 1 Net of $ 5,899 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,551 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 9,366 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,931 million was with foreign official and international accounts, includes $ 303 million securities loaned~-fu!ly secured U.S. government securities. 3 Consists of required clearing balances of % 1,966 million and adjustments of $ 657 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 Wednesday Wednesday Wednesday Jan 9, 1991 Jan 2, 1991 Jan 10, 1990 ASSETS Gold certificate account 11,058 1 2 Special drawing rights certificate account 10,018 0 1,500 Coin 529 0 74 Loans 639 88 482 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 183 Held under repurchase agreements1 0 0 592 U.S. government securities Bought outright—Bills 109,209 6,275 7,738 Notes 91,407 0 25 Bonds 31,163 0 350 Total bought outright2 231,779 6,275 8,113 Held under repurchase agreements1 0 0 3,394 Total U.S. government securities 231,779 6,275 4,718 Total loans and securities 238,760 6,187 4,426 Items in process of collection (542) 7,090 2,621 134 Bank premises 875 4 85 Other assets3 38,489 80 123 TOTAL ASSETS (542) 306,819 3,483 6,071 LIABILITIES Federal Reserve notes 266,217 1,859 26,606 Deposits Depository institutions 21,114 + 1,473 - 20,479 U.S. Treasury—general account 5,577 - 4,917 + 1,069 Foreign—official accounts 197 - 7 - 19 Other 150 - 35 • 5 Total deposits 27 ,038 - 3,486 - 19,425 Deferred availability cash items (542) 5 • 380 + 1,663 - 435 Other liabilities and accrued dividends4 2 .977 - 58 - 966 TOTAL LIABILITIES (542) 301,610 — 3,740 • 5,779 CAPITAL ACCOUNTS Capital paid in 2,427 + 4 + 178 Surplus 2,423 0 + 180 Other capital accounts 359 + 253 - 66 * 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 $ 9,366 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 303 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 $ 33 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, JANUARY 9, 1991 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 633 0 WWiitthhiinn 1155 ddaayyss 1144,,005599 ++ 11,,9966**44 0 0 16 days to 90 days 6 0 1166 ddaayyss ttoo 9900 ddaayyss 4466,,553300 77,,441144 932 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7744,,558833 882255 1,644 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,774499 00 2,555 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,112211 00 1,022 0 OOvveerr 1100 yyeeaarrss 2244,,773366 00 188 0 Total 639 0 TToottaall 223311,,777799 66,,227755 6,342 0 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 JANUARY 9, 1991 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,058 750 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 529 40 16 32 39 108 51 34 37 13 32 41 84 Loans 639 536 3 8 0 3 2 2 8 3 30 22 24 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 109,209 7,337 40,314 3,180 6,542 10,164 3,814 13,319 3,167 1,745 3,564 3,898 12,164 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 231,779 15,571 85,561 6,750 13,885 21,572 8,094 28,268 6,721 3,702 7,564 8,273 25,817 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 231,779 15,571 85,561 6,750 13,885 21,572 8,094 28,268 6,721 3,702 7,564 8,273 25,817 Total loans and securities 238,760 16,533 87,905 6,942 14,265 22,165 8,317 29,044 6,912 3,807 7,801 8,521 26,547 Items in process of collection 7,632 428 873 625 442 607 693 647 318 423 500 693 1,383 Bank premises 875 90 80 45 36 122 58 110 28 33 54 72 149 Other assets3 38,489 1,520 10,741 1,644 2,151 2,966 3,476 4,707 1,025 1,087 1,455 2,700 5,017 Interdistrict settlement account 0 + 723 +9,892 -1,256 + 266 -6,208 +1,298 +2,396 -439 -753 -1,586 + 789 -5,121 TOTAL ASSETS 307,361 207795 116,403 8,735 18,533 21,730 14,662 39,651 8,534 4,984 9,012 13,865 30,460 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 $ 9,366 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 303 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 $ 33 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 JANUARY 9, 1991 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES . ; Federal Reserve notes 266,217 ! 18,882 103,701 6,817 16,760 18,859 10,958 35,822 7,435 3,877 7,740 11,191 24,175 Deposits Depository institutions 21,114 1,164 3,465 1,246 1,087 1,810 2,487 2,289 713 509 544 1,658 4,142 U.S. Treasury—general account 5,577 0 5,577 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 197 6 87 7 8 9 15 19 4 5 6 11 20 Other 150 1 90 1 1 9 1 35 1 5 2 0 3 Total deposits 27,038 1,171 9,220 1,254 1,096 1,829 2,503 2,343 718 518 552 1,670 4,165 Deferred credit items 5,921 340 711 375 227 458 612 528 174 405 428 536 1,127 Other liabilities and accrued dividendsl 2,977 182 1,280 80 159 248 98 325 77 45 89 97 298 TOTAL LIABILITIES 302,152 20,575 114,911 8,526 18,243 21,393 14,171 39,019 8,402 4,845 8,808 13,493 29,765 CAPITAL ACCOUNTS Capital paid in 2,427 97 668 93 147 149 246 301 64 69 93 185 315 Surplus 9 *?3 97 667 115 3 25 148 246 300 64 69 93 185 315 Other capital accounts 359 i 26 157 U_ U_ 30 4 2 18 2 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 307,361 20,795 116,403 8,735 18,533 21,730 14,662 39,651 8,534 4,984 9,012 13,865 30,460 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 304,081 21,401 108,753 8,115 18,590 24,574 14,828 38,966 9,105 4,684 9,935 13,812 31,118 Less—Held by F.R. Banks 37,864 2,519 5,053 1,498 1,829 5,715 3,870 3,143 1,671 807 2,196 2,621 6,943 F.R. notes, net 266,217 18,882 103,701 6,817 16,760 18,859 10,958 35,822 7,435 3,877 7,740 11,191 24,175 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 7,021 U.S. govt, and agency securities 238,120 Total collateral 266,217 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