H.4.1 Factors Affecting Reserve Balances of Depository Institutions

••&2£Sdii: 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, •f^LRe^V* H.4.1 Factors Affecting Reserve Balances of Depository institutions and Condition Statement of F.R. Banks January 24, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froir week ended Hednesday FF..RR,, BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 23, 1991 Jan 16, 1991 Jan 24, 1990" Jan 23, 1991 Reserve Bank credit1 2 280,907 - 2,656 + 13,032 291,374 U.S. government securities Bought outright—system account 232,843 _ 2,371 4 12,285 238,717 Held under repurchase agreements 0 - 405 0 0 Federal sgency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 0 - 126 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1,292 + 927 + 987 5,071 Seasonal credit 32 + 9 - 10 40 Extended credit 30 + 4 „ 2 32 Float 852 - 709 - 85 1,497 Other F.R. assets 39,517 4 16 + 40 39,674 Gold stock 11,058 0 - 1 11,059 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,418 + 10 + 740 20,418 Total factors supplying reserve funds " 32'2740T ~ 2", 646 + 15,270 332,868 Currency in circulation* 283,689 _. 879 + 28,424 283,874 Treasury cash holdings* 576 + 9 + 104 576 Deposits, other than reserve balances, with F.R. Banks Treasury 5,494 + 174 - 436 11,079 Foreign 254 4- 12 * 37 188 Service-related balances and adjustments3 2,870 - 1,484 + 744 2,870 Other 173 - 23 - 36 161 Other F.R. liabilities and capital 8,513 + 136 - 507 __ 8,429 Total factors, other than reserve balances, absorbing reserve funds 301,569 - 2,055 + 28,330 307,177 Reserve balances with F.R. Banks4 20,832 " 591 ~ 13,060 25,691 On January 23, 1991. marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 249,886 million, a change of - $ 118 million for the week. 1 Net of $ 8.302 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,484 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 2,427 million matched sale-purchase transactions outstandmg at the end of the iaiest statement week, of which a net of $ 2,427 million was with foreign official and international accounts. Includes $ 229 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,204 million and adjustments of $ 66? 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 23, 1991 Jan 16, 1991 Jan 24, 1990 ASSETS Gold certificate account 11,059 0 •- 1 Special drawing rights certificate account 10,018 0 f 1,500 Coin 584 + 31 + 79 Loans 5,143 + 5,031 + 4,503 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 116,148 + 2,847 + 16,381 Notes 91,407 0 + 25 Bonds 31,163 0 + 350 Total bought outright2 238,717 + 2,847 + 16,756 Held under repurchase agreements1 00 00 0 Total U.S. government securities 223388,,771177 ++ 22,,884477 + 16,756 Total loans and securities 250,202 + 7,878 + 21,076 Items in process of collection (726) 9,358 + 128 + 3,466 Bank premises 876 0 + 85 Other assets3 38,812 + 359 - 43 TOTAL ASSETS (726) 320,908 + 8,395 + 26,163 LIABILITIES Federal Reserve notes 264,616 - 180 + 29,028 Deposits Depository institutions 28,485 + 315 - 10,055 U.S. Treasury—general account 11,079 + 5,980 + 5,035 Foreign—official accounts 188 - 25 0 Other 116611 - 34 ~~ 45 Total deposits 3399,,991133 + 6,236 5,065 Deferred availability cash items (726) 7,951 + 2,100 + 2,594 Other liabilities and accrued dividends4 33,,113311 ++ 118866 - 784 TOTAL LIABILITIES ((772266)) 331155,,661111 ++ 88,,334422 + 25,774 CAPITAL ACCOUNTS Capital paid in 2,438 0 + 188 Surplus 2,423 0 + 180 Other capital accounts 436 + 53 + 20 * 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 $ 4,314 million was outstanding at the end of the latest statement week. 2 Net of $ 2,427 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 229 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 $ 36 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 23, 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 5,141 0 WWiitthhiinn 1155 ddaayyss 1122,,007744 + 843 219 + 114 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 5555,,554499 170 884 23 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7744,,554411 + 2,173 1,533 56 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,551100 0 2,495 35 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,330066 0 1,022 0 OOvveerr 1100 yyeeaarrss 2244,,773366 0 188 0 Total 5,143 0 TToottaall 223388,,771177 + 2,847 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 23 ,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 11,059 750 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 584 43 17 34 45 118 59 40 40 15 34 45 95 Loans 5,143 33 2,455 246 650 309 18 220 29 3 37 31 1,111 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 116,148 7,803 42,876 3,382 6,958 10,810 4,056 14,166 3,368 1,855 3,790 4,146 12,937 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 990044 449988 11,,001177 11,,111122 3,471 Total bought outright2 238,717 16,037 88,123 6,952 14,301 22,218 8,336 29,115 66,,992222 33,,881133 77,,779911 88,,552200 26,589 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 238,717 ~~16,037 88,123 6,952 14,301 22,218 8,336 29,115' 6,922 3,813 7,791 8,520 26,589 Total loans and securities 250,202 16,496 92,9~19 7,383 15,331 23,118 8,576 30,108 7,134 3,918 8,034 8,777 28,407 Items in process of collection 10,085 591 1,344 606 535 877 923 850 323 583 776 849 1,827 Bank premises 876 90 79 45 34 122 58 110 28 33 54 75 148 Other assets3 38,812 1,540 10,895 1,642 2,163 3,013 3,513 4,769 1,040 1,082 1,451 2,710 4,993 Interdistrict settlement account 0 -68 +16,094 -1,947 -1,596 -6,498 +1,417 +374 -732 -670 -1,356 +1,292 -6,310 TOTAL ASSETS 321,635 20,153 128,244 8,467 17,844 22,719 15,314" 38,965 8,486 5,335 9,749 14,797 31,561 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 $ 4,314 million was outstanding at the end of the latest statement week. 2 Net of $ 2,427 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 229 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 $ 36 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 23, 1991 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago j St. Louis Minneapolis City Dallas Francisco LIABILITIES . , : __j Federal Reserve notes 264,616 18,120 104,673 6,571 16,055 18,913 10,801 34,815 7,230 3,799 8,049 10,981 24,609 Deposits Depository institutions 28,485 1,134 8,310 1,159 902 2,445 3,016 2,362 747 774 827 2,571 4,238 U.S. Treasury—general account 11,079 0 11,079 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 188 79 7 8 9 15 19 4 5 6 11 20 Other 161 1 75 1 2 30 1 38 1 c 2 0 4 Total deposits I ~39~,913 1,140 19,542 1,167 912 2,485 3,032 2,419 752 784" 835 2,582 4,263 Deferred credit items 8,677 489 1,134 436 397 714 889 742 286 568 574 745 1,703 Other liabilities and accrued dividends1 3,131 183 1,390 82 164 255 101 337 78 46 92 99 302 TOTAL LIABILITIES 316,337~ 19*932 126,740 8,257 17,528 22,366 14,823 38,313 8,347 5,197 9,550 14,408 30,877 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 436 26 160 2_ 44 57 o_ 50 12 2_ 14 ___ 18_ 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 321,635 20,153 128,244 8,467 17,844 22,719 15,314 38,965 8,486 5,335 9,749 14,797 31,561 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 306,121 21,137 109,959 8,180 18,528 24,921 15,096 38,387 9,120 4,625 10,395 13,833 31,939 Less—Held by F.R. Banks 41?505 3^,018 5,286 1,609 2,474 6,009 4,296 3,571 1,890 826 2,346 2,852 7,329 F.R. notes, net 264,616 18,120 104,673" 6,571 16,055 18,913 10,801 34,815 7,230 3,799 8,049 10,981 24,609 Collateral held against F.R. notes Gold certificate account 11,059 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 243,539 Total collateral 264,616 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