H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;o*cow-; LIBRARY FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each rel*l iaseVviA Be arfrfoiih ced, when the information is available, on (202) 452-3206. FEDERAL RESERVE BANK H.4.1 OFPHILADELPfflA Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 11, 1991 Millions of dollars Averages of daily f]g ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change frorri week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt?? aanndd rreellaatteedd iitteemmss Apr 10, 1991 Apr 3, 1991 Apr 11, 1990 Apr 10, 1991 Reserve Bank credit1 2 286,511 - 374 + 13,533 284,849 U.S. government securities Bought outright—system account 241,929 + 1,062 + 17,925 239,428 Held under repurchase agreements 568 - 853 + 568 0 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 33 - 25 + 33 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 31 - 99 + . 8 93 Seasonal credit 71 + 4 - 22 70 Extended credit 72 + 20 - 1,825 82 Float 883 - 177 + 280 2,144 Other F.R. assets 36,581 - 306 - 3,251 36,690 Gold stock 11,058 0 - ' 2 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,566 + 10 + 708 20,566 Total factors supplying reserve funds 328,153 - 364 _ 15,739 326,490 Currency in circulation* 288,178 + 1,206 + 28,234 288,703 Treasury cash holdings* 628 + 4 + 86 639 Deposits, other than reserve balances, with F.R. Banks Treasury 4,796 - 3,556 + 51 4,318 Foreign 229 + 3 + 5 214 Service-related balances and adjustments3 2,845 + 14 + 992 2,845 Other 220 + 12 - 33 210 Other F.R. liabilities and capital 6,071 - 56 - 2,716 6,177 Total factors, other than reserve balances, absorbing reserve funds 302,969 - 2,372 + 26,619 303,107 Reserve balances with F.R. Banks4 25,184 + 2,008 - 10,880 23,384 On April 10, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 239,516 million, a change of - $ 3,951 million for the week. 1 Net of $ 7,718 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,807 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 10,304 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,256 million was with foreign official and international accounts. Includes $ 57 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,683 million and adjustments of $ 163 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 s ince ** WWeeddnneessddaayy Wednesday Wednesday Apr 10, 1991 Apr 3, 1991 Apr 11, 1990 ASSETS t Gold certificate account 11,058 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 642 - 9 + 85 - ~ Loans 246 10 1,470 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 0 - 266 0 U.S. government securities Bought outright—Bills 111,458 - 1,668 + 10,683 Notes 96,707 + 800 + 5,167 Bonds 3311,,226633 0 308 Total bought outright2 223399,,442288 - 868 16,158 Held under repurchase agreements1 0 - 4,371 0 Total U.S. government securities 223399,,442288 - 5,239 ++ 16,158 Total loans and securities 224466,,001155 - 5,515 ++ 14,505 Items in process of collection (452) 6 ,810 + 1,305 + 174 Bank premises 899 + 1 + 104 Other assets3 35,808 • 128 - 3,306 TOTAL ASSETS (452) 311,250 - 4,091 + 13,060 LIABILITIES Federal Reserve notes 269,418 •¥ 967 • 27,478 Deposits Depository institutions 25,898 - 5,116 - 11,020 U.S. Treasury—general account 4,318 - 83 + 8 Foreign—official accounts 214 0 - 35 Other 221100 ""~~ 1122 - 24 Total deposits 3300,,664400 55,,221100 - 11,071 Deferred availability cash items (452 ) 5,015 - 209 - 612 Other liabilities and accrued dividends4 22,,442266 - 59 - 1,504 TOTAL LIABILITIES ((445522 )) 330077,,449988 - 4,512 • 14,290 CAPITAL ACCOUNTS Capital paid in ; 2,506 + 5 + 192 Surplus | 1,245 + 486 - 986 Other capital accounts 0 - 70 - 437 *• 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 $ 10.304 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 57 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 $ 45 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 10, 1991 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Minions of dollars U.S. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess heekly Heekly Holdings Holdings changes changes Hithin 15 days 192 0 HHiitthhiinn 1155 ddaayyss 1144,,554444 ++ 66,,114477 126 + 46 16 days "to 90 days 54 0 1166 ddaayyss ttoo 9900 ddaayyss 5555,,990033 55,,660077 717 126 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7700,,332211 11,,991133 1,833 + 20 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,330011 ++ 550000 2,418 + 25 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,668844 00 1,059 + 35 OOvveerr 1100 yyeeaarrss 2244,,667766 00 188 0 Total 246 0 TToottaall 223399,,442288 887722 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 10, 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 642 56 22 50 48 124 55 43 36 18 40 37 112 Loans 246 43 78 6 2 49 4 5 9 36 8 1 6 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 111,458 7,488 41,145 3,246 6,677 10,374 3,892 13,594 3,232 1,780 3,637 3,978 12,415 Notes 96,707 6,497 35,699 2,816 5,793 9,001 3,377 11,795 2,804 1,545 3,156 3,452 10,772 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 239,428 16,085 88,385 6,973 14,344 22,284 8,361 29,201 6,942 3,825 7,814 8,546 26,669 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 239,428 16,085 88,385 6,973 14,344 22,284 8,361 29,201 6,942 3,825 7,814 8,546 26,669 Total loans and securities 246,015 16,554 90,804 7,163 14,725 22,923 8,586 29,979 7,135 3,962 8,029 8,773 27,381 Items in process of collection 7,262 603 869 378 286 443 736 926 245 261 533 569 1,414 Bank premises 899 89 94 45 35 122 58 111 28 33 53 83 147 Other assets3 35,808 1,556 10,359 1,600 1,925 2,322 3,303 4,427 945 1,019 1,332 2,511 4,508 Interdistrict settlement account 0 -1,722 +11,305 -1,727 -863 -3,651 + 92 + 195 -685 -512 -839 -127 -1,466 TOTAL ASSETS 311,702 18,598 120,350 8,213 17,488 24,252 13,597 38,394 8,357 5,156 9,905 12,894 34,498 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 $ 10,304 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 57 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 $ 45 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 10, 1991 Millions of dollars Kansas San Total 1 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 269,418 16,816 108,672 6,586 15,772 21,193 9,564 34,438 7,336 3,567 8,583 10,731 26,159 Deposits Depository institutions 25,898 1,097 4,487 1,137 1,142 2,150 3,053 2,632 695 1,119 7S7 1,303 6,326 U.S. Treasury—general account 4,318 0 4,318 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 210 4 83 1 1 58 2 47 0 4 3 1 6 Total deposits 30,640 " 1,107 8,993 1,145 1,150 2,218 3,070 2,698 699 1,127 765 1,315 6,351 Deferred credit items 5,467 335 638 276 182 341 579 501 153 332 337 525 1,269 Other liabilities and accrued dividends1 2,426 163 866 7S 144 226 94 301 70 43 84 90 267 TOTAL LIABILITIES 307,950 18,421 119,169 8,085 17,249 23,978 13,306 37,939 8,259 5,069 9,768 12,661 34,046 , CAPITAL ACCOUNTS Capital paid in 2,506 100 704 104 148 165 247 306 64 69 96 188 315 Surplus 1,245 78 477 23 91 109 44 149 34 18 41 45 137 Other capital accounts 0 0_ 0 0_ 0 0 0_ 0_ 0 0 0_ 0_ 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 311,702 18,598 120,350 8,213 17,488 24,252 13,597 38,394 8,357 5,156 9,905 12,894 34,498 FEDERAL RESERVE AGENTS*' ACCOUNTS F.R. notes outstanding 311,808 20,248 117,427 7,827 17,890 26,793 13,932 37,372 9,146 4,400 10,509 13,242 33,021 Less--Held by F.R. Banks 42,390 3,433 8,755 1,241 2,117 5,600 4,369 2,934 1,810 833 1,926 2,510 6,862 F.R. notes, net 269,418' 16,816 108,672 6,586 15,772" 21,193 9,564 34,438 7,336 3,567 8,583 10,731 26,159 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 2,572 U.S. govt, and,agency securities 245,770 Total collateral 269~,418 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