H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE -•^m-- 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 January 17, 1991 Millions of dollars Averacj es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss JJaann 1166,, 11999911 Jan 9, 1991 Jan 17, 1990 Jan 16, 1991 Reserve Bank credit1 2 283,563 + 254 + 14,398 285,429 U.S. government securities Bought outright—system account 235,214 32 • 12,804 235,871 Held under repurchase agreements 405 423 • 405 0 Federal agency obligations Bought outright 6,342 0 183 6,342 Held under repurchase agreements 126 + 34 + 126 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 365 + 84 + 207 50 Seasonal credit 23 0 16 34 Extended credit 26 + 7 • 4 28 Float 1,561 + 516 + 772 3,680 Other F.R. assets 39,500 + 68 + 279 39,425 Gold stock 11,058 0 1 11,059 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,408 + 10 • 747 20,408 Total factors supplying reserve funds 325,047 + 264 + 16,643 326,914 Currency in circulation* 284,568 1,668 + 27,196 284,075 Treasury cash holdings* 567 + 1 + 99 576 Deposits, other than reserve balances, with F.R. Banks Treasury 5,320 1,586 + 1,211 5,099 Foreign 242 15 6 213 Service-related balances and adjustments3 4,355 + 1,733 + 2,260 4,355 Other 196 • 35 31 195 Other F.R. liabilities and capital 8,377 + 167 571 8,190 Total factors, other than reserve balances, absorbing reserve funds 303,625 1,334 + 30,159 302,703 Reserve balances with F.R. Banks4 21,422 + 1,598 13,515 24,211 On January 16,1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,004 million, a change of - $ 167 million for the week. 1 Net of $ 5,931 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,572 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,274 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,274 million was with foreign official and international accounts. Includes $ 447 million securities ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,205 million and adjustments of $ 2,151 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 ** Jan 16, 1991 ! Jan 9, 1991 Jan 17, 1990 ASSETS Gold certificate account 11,059 | + 1 - 1 Special drawing rights certificate account 10,018 0 • 1,500 Coin 553 f 24 • 75 - - Loans 112 528 35 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills j 113,301 • 4,092 • 13,748 Notes 91,407 0 • 25 Bonds 31,163 0 •¥ 350 Total bought outright2 235,871 • 4,092 • 14,123 Held under repurchase agreements1 00 __.. 00 0 Total U.S. government securities 223355,,887711 44,,009922 • 14,123 Total loans and securities 242,324 + 3,564 * 13,906 Items in process of collection (1,317) 9,231 + 2,141 - 5,041 Bank premises 876 + 1 • 85 Other assets3 38,453 - 36 • 14 TOTAL ASSETS (1,317) 312,514 + 5,695 + 10,537 LIABILITIES Federal Reserve notes 264,796 - 1,420 + 26,738 Deposits Depository institutions 28,170 + 7,056 - 9,358 U.S. Treasury—general account [ 5,099 1 479 - 1,849 Foreign—official accounts ! 213 + 16 - 60 Other 195 + 45 - 62 Total deposits 33,676 + 6,639 - 11,330 Deferred availability cash items (1,317) 5,851 + 472 - 4,368 Other liabilities and accrued dividends4 2,945 | 32 - 850 TOTAL LIABILITIES (1,317) 307,269 + 5,658 • 10,189 CAPITAL ACCOUNTS Capital paid in 2,438 + 11 + 189 Surplus 2,423 0 + 180 Other capital accounts 384 + 25 - 21 * 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 $ 2,086 million was outstanding at the end of the latest statement week. 2 Net of $ 5,274 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 447 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 $ 40 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 16, 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 rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 108 0 WWiitthhiinn 1155 ddaayyss 11,230 2,829 105 + 105 16 days to 90 days 4 0 1166 ddaayyss ttoo 9900 ddaayyss 55,719 + 9,189 907 25 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 72,368 2,215 1,589 55 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 58,510 239 2,530 25 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,306 + 185 1,022 0 OOvveerr 1100 yyeeaarrss 24,736 0 188 0 Total 112 0 TToottaall 235,871 + 4,092 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 16, 1991 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 553 41 17 33 42 113 55 37 37 14 34 41 89 Loans 112 33 7 3 0 4 10 4 12 2 2 29 7 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 113,301 7,612 41,825 3,300 6,788 10,545 3,957 13,819 3,285 1,810 3,698 4,044 12,620 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 235,871 15,846 87,072 6,869 14,130 21,953 8,237 28,767 6,839 3,768 7,698 8,419 26,272 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 235,871 15,846" 87,072 6,869 14,130 21,953 8,237 28,767 6,839 3,768 7,698 8,419 26,272 Total loans and securities 242,324 16,305 89,419 7,057 14,510 22,547 8,468 29,545 7,035 3,871 7,907 8,674 26,986 Items in process of collection 10,548 555 1,251 1,121 395 782 1,446 993 495 466 663 680 1,700 Bank premises 876 90 79 45 34 122 58 110 28 33 54 75 148 Other assets3 38,453 1,518 10,759 1,630 2,137 2,966 3,465 4,769 1,025 1,080 1,439 2,702 4,966 Interdistrict settlement account 0 +437 •12,039 -1,372 -267 -6,353 +129 +1,414 -687 -707 -1,268 +590 -3,954 TOTAL ASSETS 313,831 20,406" 120,461 9,216 18,185 22,147 14,389 39,581 8,585 5,133 9,583 13,810 32,336 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 $ 2,086 million was outstanding at the end of the latest statement week. 2 Net of $ 5,274 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 447 million securities loaned-fully secured by US government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 40 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 16, 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 264,796 18,564 104,379 6,648 16,419 18,995 10,311 35,410 7,307 3,848 7,974 10,964 23,979 Deposits Depository institutions ! 28,170 1,077 7,246 1,445 1,049 2,045 2,843 2,494 728 673 767 1,682 6,121 U.S. Treasury—general account ! 5,099 o 5,099 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 213 6 103 7 8 9 15 19 4 5 6 11 20 Other 195 ! 1 100 1 1 32 1 43 1 5 3 4 3 Total deposits 33,676 1,084 12,548 1,453 1,058 2,086 2,859 2,556 733 683 775 1,698 6,144 Deferred credit items 7,169 359 804 829 238 486 632 642 333 419 547 669 1,209 Other liabilities and accrued dividends1 2,945 178 1,233 78 156 246 95 324 7S 44 90 96 331 TOTAL LIABILITIES 308,586 20,185 118,963 9,008 17,872 21,813 13,897 38,932 8,447 4,993 9,386 13,426 31,663 CAPITAL ACCOUNTS Capital paid in 2,438 98 677 93 147 149 246 301 64 69 93 185 317 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 384 26 153 0_ 41 36 0_ 48 10 3_ 12 14^ 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 313,831 20,406 120,461 9,216 18,185 22,147 14,389 39,581 8,585 5,133 9,583 13,810 32,336 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 305,196 21,404 109,305 8,256 18,674 24,941 14,535 38,889 9,112 4,668 10,307 13,734 31,371 Less—Held by F.R. Banks 40,399 2,840 4,927 1,608 2,255 5,946 4,224 3,479 1,805 820 2,333 2,771 7,392 F.R. notes, net 264,796 18,564 104,379 6,648 16,419 18,995 10,311 35,410 7,307 3,848 7,974 10,964 23,979 Collateral held against F.R. notes Gold certificate account 11,059 Special drawing rights certificate account 10,018 Other eligible assets 1,507 | U.S. govt, and agency securities 242,212 1 Total collateral 264,796 ! 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