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. *4lRfc' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R, Banks January 31, 1991 Millions of dollars ___ Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 30, 1991 Jan 23 > 1991 Jan 31, 1990 Jan 30, 1991 Reserve Bank credit1 2 286,407 + 5,448 4 21,208 285,732 U.S. government securities Bought outright—system account 234,862 •¥ 2,020 + 17,635 234,234 Held under repurchase agreements 3,797 + 3,797 + 3,797 2,359 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 266 + 266 + 266 866 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 213 - 1,079 - 550 51 Seasonal credit 43 + 11 - 7 41 Extended credit 38 + 8 0 44 Float 826 - 56 + 161 1,744 Other F,R. assets 40,020 + 481 + 90 40,052 Gold stock 11,058 0 -. 1 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,444 + 10 + 749 20,444 Total factors supplying reserve funds 327,927 ___ 5,458 23,456 327,252 Currency in circulation* 283,126 - 579 + 29,853 282,780 Treasury cash holdings* 578 + 2 + 102 590 Deposits, other than reserve balances, with F.R. Banks Treasury 14,064 + 8,570 + 4,514 16,884 Foreign 241 - 13 - 14 225 Service-related balances and adjustments3 2,829 - 41 + 944 2,829 Other 217 + 44 - 409 197 Other F.R. liabilities and capital 8,690 + 176 - 321 8,506 Total factors, other than reserve balances, absorbing reserve funds 309,744 + 8,158 + 34,669 312,011 Reserve balances with F.R. Banks4 18,183 ~ 2,701 - 11,213 15,241 - __J On January 30, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 255,372 million, a change of + $ 5,486 million for the week. 1 Net of $ 6,282 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of S 6,282 million was with foreign official and international accounts. Includes securities loaned-fiilly secured by U.S. government securities. 2 Net of $ 6,911 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,911 million was with foreign official and international accounts. Includes $ 329 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,276 million and adjustments of $ 553 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 30> 1991 Jan 23, 1991 Jan 31, 1990 ASSETS f Gold certificate account 11,058 0 - 1 Special drawing rights certificate account 10,018 0 * 1,500 Coin 611 + 27 * 87 Loans 136 - 5,006 - 596 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 866 + 866 4- 866 U.S. government securities Bought outright—Bills 111,664 - 4,484 j • 15,466 Notes 91,407 o • 25 Bonds 31,163 0 + 350 Total bought outright2 234,234 - 4,484 + 15,841 Held under repurchase agreements1 2,359 + 2,359 + 2,359 Total U.S. government securities 223366,,559922 - 2,125 18,200 Total loans and securities 224433,,993366 - 6,266 ++ 18,287 Items in process of collection (607) 6,650 - 2,709 • 801 Bank premises 875 - 1 + 84 Other assets3 39,146 • 334 - 497 TOTAL ASSETS (607) 312,294 - 8,615 + 20,261 LIABILITIES Federal Reserve notes 263,537 - 1,079 + 29,065 Deposits Depository institutions 17,926 - 10,558 - 11,538 U.S. Treasury—general account 16,884 + 5,805 • 3,731 Foreign—official accounts 225 + 37 - 27 Other 197 i + 35 - 160 Total deposits 35,232 ! 4,681 - 7,994 Deferred availability cash items , (607) 5,019 - 2,932 - 433 Other liabilities and accrued dividends4 3,195 + 64 - 716 TOTAL LIABILITIES (607) 306,982 - 8,628 4- 19,922 CAPITAL ACCOUNTS Capital paid in 2,450 + 12 ! + 201 Surplus 2,423 0 + 180 Other capital accounts 438 + 2 - 43 * 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 $ 6,911 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 329 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 $ 43 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 30, 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 Meekly Weekly Holdings Holdings changes changes Hithin 15 days 136 0 WWiitthhiinn 1155 ddaayyss 1122,,556677 + 494 1,035 + 816 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 5544,,330022 1,247 864 20 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7733,,116699 1,372 1,548 + 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,551100 0 2,550 + 55 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,330066 0 1,022 0 OOvveerr 1100 yyeeaarrss 2244,,773366 0 188 0 Total 136 0 TToottaall 223366,,559922 2,125 7,208 + 866 Components may not add to totals clue 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 30, 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 11,058 750 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 611 45 18 36 46 124 62 41 41 16 36 47 98 Loans 136 35 3 1 0 6 23 14 8 5 10 29 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,242 426 2,341 185 380 590 221 773 184 101 207 226 706 Held under repurchase agreements1 866 0 866 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright-~Bills 111,664 7,502 41,221 3,252 6,690 10,393 3,899 13,619 3,238 1,784 3,644 3,986 12,438 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 234,234 15,736 86,467 6,821 14,032 21,801 8,179 28,568 6,792 3,742 7,644 8,360 26,090 Held under repurchase agreements1 2,359 0 2,359 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 236,592 15,736 88,826 6,821 14,032 21,801 8,179 28,568 6,792 3,742 7,644 8,360 26,090 Total loans and securities 243,936 16,197 92,036 7,007 14,412 22,397 8,424 29,355 6,983 3,848 7,861 8,616 26,799 Items in process of collection 7,257 409 860 468 355 610 799 777 258 358 399 659 1,305 Bank premises 875 90 80 45 34 123 58 110 28 33 53 75 148 Other assets3 39,146 1,557 11,114 1,647 2,176 3,036 3,471 4,800 1,044 1,087 1,462 2,705 5,045 Interdistrict settlement account 0 -487 +18,328 -1,929 -1,015 -6,643 +104 +539 -867 -1,134 -1,287 -185 -5,425 TOTAL ASSETS 312,901 19,272 129,332 7,977 17,342 21,616 13,686 38,335 8,140 4,583 9,281 12,965 30,371 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 $ 6,911 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 329 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 $ 43 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 30, 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 263,537 17,893 104,942 6,470 15,976 18,848 10,449 34,800 7,193 3,731 8,043 10,835 24,357 Deposits Depository institutions 17,926 683 3,753 825 686 1,736 2,101 1,477 556 335 598 1,090 4,085 U.S. Treasury—general account 16,884 0 16,884 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 225 6 115 7 8 9 15 19 4 5 6 11 20 Other 197 1 103 3 2 28 1 46 1 5 3 Z 2 Total deposits 35,232 689 20,855 835 697 1,773 2,117 1,542 561 345 607 1,104 4,107 Deferred credit items 5,626 289 597 361 189 358 529 1,006 170 319 342 542 925 Other liabilities and accrued dividends1 3,195 180 1,428 81 162 302 101 332 78 45 91 98 297 TOTAL LIABILITIES 307,589 19,051 127,823 7,747 17,024 21,282 13,195 37,680 8,001 4,440 9,083 12,578 29,686 CAPITAL ACCOUNTS Capital paid in 2,450 98 677 103 147 149 246 304 64 69 93 185 317 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 438 26 166 12 46 38 0_ 50 12 6^ 12 17 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 312,901 19,272 129,332 7,977 17,342 21,616 13,686 38,335 8,140 4,583 9,281 12,965 30,371 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 306,722 21,090 111,029 8,141 18,473 24,849 14,840 38,310 9,160 4,618 10,464 13,742 32,006 Less—Held by F.R. Banks 43,185 3,197 6,087 1,672 2,497 6,001 4,391 3,510 1,967 887 2,421 2,907 7,650 F.R. notes, net 263,537 17,893 104,942 6,470 15,976 18,848 10,449 34,800 7,193 3,731 8,043 10,835 24,357 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 242,460 Total collateral 263,537 _ I 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