H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•l&rSMi-- FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when APR''-f85T the information is available, on (202) 452-3206. H.4.1 FEDERAL RESERVE BANK Factors Affecting Reserve Balances of Depository Institutions and 0F PHILADELPHIA Condition Statement of F.R. Banks April 5, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaa cceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Apr 3, 1991 Mar 27, 1991 Apr 4, 1990 Apr 3, 1991 Reserve Bank credit1 2 286,919 + 3,189 + 17,498 287,842 U.S. government securities Bought outright--system account 240,866 + 3,582 + 21,339 240,296 Held under repurchase agreements 1,421 + 1,041 + 811 4,371 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 58 - 19 - 160 266 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 131 + 97 - 18 124 Seasonal credit 67 - 1 - 29 73 Extended credit 52 _ 19 - 1,853 58 Float 1,093 + 820 + 571 -192 Other F.R. assets 36,889 - 2,312 - 2,981 36,503 Gold stock 11,058 0 - 2 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,556 + 10 + 717 20,556 Total factors supplyi?ig reserve funds 328,551 + 3,199 _ 19,712 329,474 Currency in circulation* 286,973 + 942 + 28,875 287,729 Treasury cash holdings* 624 + 3 + 84 627 Deposits, other than reserve balances, with F.R. Banks Treasury 8,352 + 2,221 + 3,897 4,401 Foreign 226 - 40 - 43 214 Service-related balances and adjustments3 2,831 + 19 + 713 2,831 Other 208 + 2 - 87 222 Other F.R. liabilities and capital 6,127 - 2,422 - 2,440 5,815 Total factors? other than reserve balances, absorbing reserve funds 305,341 + 726 + 30,998 301,839 Reserve balances with F.R. Banks4 23,210 + 2,473 - 11,286 27,635 On April 3, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 243,467 million, a change of - $ 732 million for the week. 1 Net of $ 6,849 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,849 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 8,163 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 8,163 million was with foreign official and international accounts. Includes $ 216 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,678 million and adjustments of $ 153 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 Apr 3, 1991 Mar 27, 1991 Apr 4, 1990 ASSETS Gold certificate account 11,058 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 651 - 7 + 90 Loans 256 + 83 - 1,481 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 266 + 266 + 266 U.S. government securities Bought outright—Bills 113,127 - 1,542 + 14,821 Notes 95,907 + 600 + 4,467 Bonds 31,263 0 + 308 Total bought outright2 240,296 - 942 + 19,596 Held under repurchase agreements1 4,371 + 4,371 + 4,371 Total U.S. government securities 244,667 + 3,429 + 23,967 Total loans and securities 251,531 + 3,779 + 22,570 Items in process of collection (444) 5,505 + 786 - 1,635 Bank premises 899 + 3 + 105 Other assets3 35,680 - 3,000 - 3,149 TOTAL ASSETS (444) 315,341 + 1,560 + 19,479 LIABILITIES Federal Reserve notes 268,451 + 1,447 + 28,196 Deposits Depository institutions 31,014 + 3,809 - 5,514 U.S. Treasury--general account 4,401 - 1,755 + 263 Foreign—official accounts 214 - 86 + 4 Other 222222 ++ 1144 - 47 Total deposits 3355,,885500 ++ 11,,998833 - 5,294 Deferred availability cash items (444) 5,225 + 708 - 829 Other liabilities and accrued dividends4 2,484 - 516 - 1,351 TOTAL LIABILITIES (444) 312,010 + 3,622 + 20,722 CAPITAL ACCOUNTS Capital paid in 2,501 0 + 189 Surplus 760 - 1,663 - 1,429 Other capital accounts 70 - 398 - 3 * 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 $ 8,163 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 216 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 $ 57 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, APRIL 3, 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 201 0 WWiitthhiinn 1155 ddaayyss 88,,339977 2,313 80 195 16 days to 90 days 55 0 1166 ddaayyss ttoo 9900 ddaayyss 5599,,551100 + 716 843 + 190 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7722,,223344 + 1,095 1,813 + 5 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6611,,880011 436 2,393 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,668844 0 1,024 0 OOvveerr 1100 yyeeaarrss 2244,,667766 0 188 0 Total 256 0 TToottaall 224400,,330011 937 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 APRIL 3, 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 651 57 22 49 49 124 58 43 37 19 41 39 113 Loans 256 40 16 8 2 26 5 5 18 37 9 1 89 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 266 0 266 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 113,127 7,600 41,761 3,295 6,777 10,529 3,950 13,797 3,280 1,807 3,692 4,038 12,601 Notes 95,907 6,443 35,404 2,793 5,746 8,926 3,349 11,697 2,781 1,532 3,130 3,423 10,683 Bonds 31,263 2,100 11,541 910 1,873 2,910 1,092 3,813 907 499 1,020 1,116 3,482 Total bought outright2 240,296 16,143 88,705 6,998 14,396 22,365 8,391 29,307 6,968 3,839 7,842 8,577 26,765 Held under repurchase agreements1 4,371 0 4,371 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 244,667 16,143 93,076 6,998 14,396 22,365 8,391 29,307 6,968 3,839 7,842 8,577 26,765 Total loans and securities 251,531 16,609 95,700 7,191 14,777 22,981 8,618 30,085 7,169 3,976 8,058 8,804 27,561 Items in process of collection 5,949 315 709 419 186 515 579 518 185 332 411 536 1,245 Bank premises 899 89 94 45 35 122 58 111 28 33 53 83 147 Other assets3 35,680 1,537 10,413 1,589 1,904 2,296 3,320 4,406 936 947 1,318 2,491 4,523 Interdistrict settlement account 0 -989 +8,018 -1,489 -746 -3,160 +187 +1,031 -283 -873 -639 +470 -1,527 TOTAL ASSETS 315,785 19,080 121,852 8,506 17,537 24,847 13,587 38,908 8,724 4,810 9,998 13,471 34,464 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 $ 8,163 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 216 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 $ 57 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 APRIL 3, 1991 Millions of doilars ] r 1 [ Kansas San Total Boston New York Ph ladelphia Cleveland Richmond Atlanta Chicago j St. Louis 1 Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 268,451 16,863 107,797 6,563 15,660 21,111 9,717 34,331 7,361 3,649 8,481 10,741 26,176 Deposits Depository institutions 31,014 1,557 6,885 1,422 1,309 2,766 2,868 3,295 1,029 684 917 1,881 6,399 U.S. Treasury—general account 4,401 0 4,401 0 0 0 0 0 0 0 0 0 0 Foreign~-official accounts 214 6 105 7 8 9 15 19 4 4 6 11 20 Other 222 2 84 2 1 59 1 60 0 4 3 1 4 Total deposits 35,850 1,565 11,474 1,431 1,313 2,835 2,885 3,374 1,033 693 926 1,893 6,423 Deferred credit items 5,669 331 664 318 198 432 616 491 172 346 384 532 l,18i Other liabilities and accrued dividends1 2,484 169 891 78 148 233 93 303 71 42 84 92 276 TOTAL LIABILITIES 312,454 18,928 120~,826 8,390 17,323 24,611 13,311 38,504 8,637 4,730 9,876 13,258 34,059 CAPITAL ACCOUNTS Capital paid in 2,501 100 704 103 143 165 247 305 64 69 96 185 315 Surplus 760 50 322 8 50 71 29 99 20 10 26 17 57 Other capital accounts 70 2 00 44 1166 00 00 00 22 22__ 00__ 1111 32 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 315,785 19,080 121,852 8,506 17,537 24,847 13,587 38,908 8,724 4,810 9,998 13,471 34,464 FEDERAL RESERVE AGENfs* ACCOUNTS F.R. notes outstanding 311,266 20,279 116,546 7,872 17,851 26,708 14,096 37,332 9,188 4,407 10,507 13,311 33,169 Less—Held by F.R. Banks 42,814 3,415 8,750 1,308 2,191 5,597 4,379 3,001 1,827 753 2,025 2,570 6,993 F.R. notes, net 268T451 16,863 " 107,797 6,563 15,660 21, ill 9,717 34,331 7,361 3,649 8,481 10,741 26,176 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 247,375 Total collateral 268,451 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