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. H.4.1 Factors Affecting Reserve Balances of Depository institutions and Condition Statement of F.R. Banks February 7, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 6, 1991 Jan 30, 1991 Feb 7, 1990 Feb 6, 1991 Reserve Bank credit1 2 285,556 - 850 + 22,629 282,605 U.S. government securities Bought outright—system account 233,094 - 1,768 + 18,757 232,099 Held under repurchase agreements 3,343 - 453 + 3,343 0 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 402 + 136 + 402 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 39 - 173 - 775 17 Seasonal credit 27 - 16 - 10 25 Extended credit 21 - 17 - 8 11 Float 1,221 + 395 + 155 3,124 Other F.R. assets 41,067 + 1,047 + 946 40,988 Gold stock 11,058 0 - 1 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,454 + 10 + 744 20,454 Total factors supplying reserve funds 327,087 - 841 _ 24,871 324,136 Currency in circulation* 282,939 - 187 + 29,247 283,382 Treasury cash holdings* 589 + 11 + 104 590 Deposits, other than reserve balances, with F.R. Banks Treasury 11,182 - 2,881 + 5,077 9,856 Foreign 213 - 27 + 23 234 Service-related balances and adjustments3 2,766 - 63 + 432 2,766 Other 202 - 15 - 124 202 Other F.R. liabilities and capital 9,649 + 959 + 782 9,366 Total factors, other than reserve balances, absorbing reserve funds 307,540 - 2,203 + 35,540 306,397 Reserve balances with F.R. Banks* 19,546 + 1,363 - 10,669 17,739 On February 6, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 255,062 million, a change of - $ 310 million for the week. 1 Net of $ 8,051 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,679 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 9,046 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,071 million was with foreign official and international accounts. Includes $ 50 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,276 million and adjustments of $ 490 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 i Wednesday FFeebb 66,, 11999911 Jan 30, 1991 Feb 7, 1990 ASSETS Gold certificate account 11,058 0 1 Special drawing rights certificate account 10,018 0 f 1,500 Coin 634 + 24 + 90 Loans 53 84 1,680 Acceptances o ! 0 0 Federal agency obligations Bought outright 6,342 0 183 Held under repurchase agreements1 0 866 0 U.S. government securities Bought outright—Bills 110099,,552299 2,135 + 19,255 Notes 9911,,440077 0 + 25 Bonds 3311,,116633 0 + 350 Total bought outright2 223322,,009999 2,135 + 19,630 Held under repurchase agreements1 00 2,359 0 Total U.S. government securities 223322,,009999 4,493 + 19,630 Total loans and securities 223388,,449933 5,443 + 17,767 Items in process of collection (499) 9,249 + 2,599 + 1,977 Bank premises 881 + 5 + 90 Other assets3 40,143 + 997 + 714 TOTAL ASSETS (499) 310,477 1,817 + 22,136 LIABILITIES Federal Reserve notes 264,152 + 615 + 28,533 Deposits Depository institutions 2211,,112222 ++ 33,,119966 10,407 U.S. Treasury—general account 99,,885566 77,,002288 + 3,445 Foreign—official accounts 223344 ++ 1100 + 31 Other 220022 ++ 55 - 40 Total deposits 3311,,441144 33,,881177 6,971 Deferred availability cash items ((449999)) 55,,554444 ++ 552255 170 Other liabilities and accrued dividends4 33,,220011 ++ 66 539 TOTAL LIABILITIES ((449999)) 330044,,331111 22,,667711 + 20,852 CAPITAL ACCOUNTS Capital paid in 2,451 + 1 + 196 Surplus 2,423 0 * 180 Other capital accounts 1,292 + 854 + 908 * 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 $ 9,046 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 $ 48 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, FEBRUARY 6, 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 chanaes Within 15 days 40 0 WWiitthhiinn 1155 ddaayyss 1111,,992222 645 55 980 16 days to 90 days 13 0 1166 ddaayyss ttoo 9900 ddaayyss 5500,,113333 4,170 963 + 99 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7733,,110000 69 1,563 + 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5588,,990011 + 391 2,550 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,330066 0 1,022 0 OOvveerr 1100 yyeeaarrss 2244,,773366 0 188 0 Total 53 0 TToottaall 223322,,009999 4,493 6,342 866 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 FEBRUARY 6, 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 634 49 19 37 49 129 65 41 41 17 40 48 100 Loans 53 18 1 1 0 3 2 1 4 8 11 0 3 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 7C-6 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 109,529 7,358 40,433 3,190 6,562 10,194 3,825 13,359 3,176 1,750 3,574 3,909 12,200 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 11,,008888 33,,880011 990044 449988 11,,001177 11,,111122 3,47J Total bought outright2 232,099 15,593 85,679 6,759 13,905 21,602 88,,110055 2288,,330077 66,,773300 33,,770088 77,,557755 88,,228844 25,85A Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 U Total U.S. govt, securities 232,099 15,593 85,679 6,759 13,905 21,602 8,105 28,307 6,730 3,708 7,575 8,284 25,85, Total loans and securities 238,493 16,037 88,022 6,945 14,284 22,196 8,328 29,082 6,918 3,817 7,792 8,511 26,562 Items in process of collection 9,748 634 1,504 493 645 680 1,098 1,149 366 411 439 835 1,494 Bank premises 881 90 85 45 34 122 58 110 28 33 53 75 148 Other assets3 40,143 1,717 11,443 1,782 2,139 3,064 3,689 4,912 1,048 1,062 1,479 2,794 5,015 Interdistrict settlement account 0 -515 +15,769 -1,939 -728 -6,095 +36 +535 -718 -862 -944 +463 -5,003 TOTAL ASSETS 310,976 19,472 123,738 8,065 17,757 22,065 14,042 38,543 8,335 4,854 9,615 13,773 30,717 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 $ 9,046 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 50 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 $ 48 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 FEBRUARY 6, 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 264,152 17,907 104,993 6,575 15,973 19,349 10,068 34,986 7,236 3,752 8,226 10,756 24,331 Deposits Depository institutions 21,122 790 4,622 836 980 1,596 2,615 1,805 679 540 712 1,822 4,126 U.S. Treasury—general account 1 9,856 0 9,856 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 234 6 126 7 8 9 15 19 4 4 6 11 20 Other 202 1 93 1 1 43 1 51 1 4 2 1 3 Total deposits 31,414 796 14,697 845 989 1,647 2,631 1,874 683 549 719 1,834" 4,148 Deferred credit items 6,043 336 770 310 270 453 656 593 179 338 348 636 1,153 Other liabilities and accrued dividends1 3,201 179 1,535 80 155 242 96 322 74 44 89 95 289 TOTAL LIABILITIES 304,810 19,218 121,995 7,810 17,387 21,691 13,451 37,776 8,173 4,684 9,382 13,322 29,922 CAPITAL ACCOUNTS Capital paid in 2,451 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 1,292 59 398 37 97 78 100 163 35 33 47 81 162 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 310,976 19,472 123,738 8,065 17,757 22,065 14,042 38,543 8,335 4,854 9,615 13,773 30,717 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 307,418 21,080 111,955 8,087 18,420 25,104 14,585 38,250 9,225 4,609 10,561 13,653 31,889 Less—Held by F.R. Banks 43,266J 3,172 6,962 1,512 2,447 5,756 4,517 3,263 1,990 857 2,335 2,897 7,558 F.R. notes, net 264,1521 17,907 104,993 6,575 15,973 19,349 10,068 34,986 7,236 3,752 8,226 10,756 24,331 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 4,635 U.S. govt, and agency securities 238,441 Total collateral | 264,152 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