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. ' •. ML R^ . * FEDERAL RES^VHTJANX H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 18, 1991 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 17, 1991 Apr 10, 1991 Apr L8, 1990 Apr 17, 1991 Reserve Bank credit1 2 284,882 - 1,634 + 9,325 288,577 U.S. government securities Bought outright—system account 240,092 - 1,836 + 16,413 242,925 Held under repurchase agreements 617 + 49 - 729 2,072 Federal agency obligations Bought outright 6,542 0 - 183 6,342 Held under repurchase agreements 0 - 33 - 596 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 124 + 93 - 66 55 Seasonal credit 69 - 1 - 37 72 Extended credit 79 + 7 - 1,375 75 Float 845 - 43 - 734 451 Other F.R. assets 36,714 + 133 - 3,368 36,584 Gold stock 11,058 0 - 2 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,594 + 10 + 717 20,594 Total factors supplying reserve funds 326,552 - 1,624 _ 11,540 330,247 Currency in circulation* 288,300 + 103 + 27,348 288,085 Treasury cash holdings* 640 + 11 + 97 645 Deposits, other than reserve balances, with F.R. Banks Treasury 3,780 - 1,015 - 1,201 3,384 Foreign 247 + 18 + 31 196 Service-related balances and adjustments3 3,294 + 448 + 1,305 3,294 Other 242 + 21 - 16 225 Other F.R. liabilities and capital 6,543 + 472 - 2,742 6,512 Total factors, other than reserve balances, absorbing reserve funds 303,046 + 59 + 24,822 302,341 Reserve balances with F.R. Banks4 23,506 - 1,683 - 13,282 27,906 On April 17, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 242,837 million, a change of + $ 3,321 million for the week. 1 Net of $ 9.640 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,812 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6.807 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,807 million was with foreign official and international accounts. Includes $ 328 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,683 million and adjustments of $ 611 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 i nee •• WWeeddnneessddaayy Wednesday Wednesday Apr 17, 1991 Apr 10, 1991 ! Apr 18, 1990 ASSETS Gold certificate account 11,058 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 630 - 12 + 90 - - Loans 203 43 1,034 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 0 - 183 Held under repurchase agreements1 0 0 - 2,191 U.S. government securities Bought outright—Bills 114,955 + 3,497 • 13,377 Notes 96,707 0 5,167 ••• Bonds 31,263 0 + 308 Total bought outright2 242,925 • 3,497 + 18,852 Held under repurchase agreements1 2,072 + 2,072 - 2,885 Total U.S. government securities 244,997 + 5,569 + 15,967 Total loans and securities 251,541 + 5,526 + 12,559 Items in process of collection (623) 6,638 - 172 - 542 Bank premises 906 + 7 I + 110 Other assets3 3355,,668866 112222 - 3,689 TOTAL ASSETS ((662233)) 331166,,447788 ++ 55,,222277 + 10,026 LIABILITIES Federal Reserve notes 268,766 - 652 + 26,654 Deposits Depository institutions 31,463 + 5,565 - 11,314 U.S. Treasury—general account 3,384 - 934 - 1,824 Foreign—official accounts 196 - 18 + 26 Other 225 + 15 - 40 Total deposits 35,267 + 4,628 - 13,153 Deferred availability cash items (623) 5,932 + 917 - 846 Other liabilities and accrued dividends4 || 22,,333333 9922 - 1,748 TOTAL LIABILITIES ((662233)) 331122,,229988 ""++~~~~ 44,,880000 •f 10,907 CAPITAL ACCOUNTS Capital paid in I 2,511 1 + 4 + 196 Surplus 1,661 1 + 416 - 581 Other capital accounts 7 + 7 - 495 * 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 $ 6,807 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 328 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 $ 50 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 17, 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 1111,,006600 3,484 225 + 99 16 days "to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 6600,,887755 + 6,972 633 84 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7722,,556655 + 2,245 1,818 15 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,003333 268 2,418 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,778899 + 105 1,059 0 OOvveerr 1100 yyeeaarrss 2244,,667766 0 188 0 Total 203 0 TToottaall 224444,,999977 + 5,569 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 17, 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 630 56 24 50 47 122 50 43 36 18 40 35 111 Loans 203 35 2 30 0 48 5 4 30 40 8 1 2 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 agreements * 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 114,955 7,723 42,436 3,348 6,887 10,699 4,014 14,020 3,333 1,836 3,752 4,103 12,804 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 242,925 16,320 89,676 7,075 14,553 22,610 8,483 29,628 7,044 3,880 7,928 8,671 27,058 Held under repurchase agreements * 2,072 0 2,072 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 244,997^ 16,320 91,748 7,075 14,553 22,610 8,483 29,628 7,044 3,880 7,928 8,671 27,058 Total loans and securities 251,541 16,781 94,091 7,289 14,933 23,248 8,709 30,406 7,258 4,022 8,142 8,898 27,766 Items in process of collection 7,260 426 757 469 260 549 816 658 257 403 464 877 1,323 Bank premises 906 89 94 45 35 122 58 111 28 33 53 90 147 Other assets3 35,686 1,549 10,380 1,593 1,913 2,314 3,298 4,435 941 955 1,324 2,496 4,489 Interdistrict settlement account 0 -606 +9,009 -2,028 -677 -3,257 +322 +494 -364 -1,122 -518 + 747 -2,000 TOTAL ASSETS 317,100 ~ 19,756 121,249 8,121 17,844 25,067 14,020 38,860 8,810 4,684 10,261 14,191 34,238 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 $ 6,807 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 328 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 $ 50 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 17, 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 268,766 16,781 108,930 6,354 15,672 21,243 9,290 34,477 7,201 3,567 8,615 10,603 26,033 Deposits Depository institutions 31,463 2,166 6,012 1,129 1,513 2,792 3,660 2,938 1,215 585 1,008 2,306 6,140 U.S. Treasury—general account 3,384 0 3,384 0 0 0 0 0 0 0 0 0 0 Foreign—off icial accounts 196 6 Q7 7 8 9 15 19 4 4 6 11 20 Other 225 2 92 1 1 56 1 52 0 5 1 8 5 Total deposits 35,267 2,174 9,575 1,138 1,521 2,857 3,676 3,008 1,219 595 1,015 2,325 6,164 Deferred credit items 6,555 426 694 408 238 418 647 553 208 385 395 921 1,263 Other liabilities and accrued dividends1 2,333 170 714 79 149 238 95 313 73 43 85 93 280 TOTAL LIABILITIES 312,921 19,550 119,913 7,979 17,580 24,756 13,708 38,352 8,700 4,589 10,110 13,942 33,739 CAPITAL ACCOUNTS Capital paid in 2,511 101 705 104 148 165 248 306 64 69 96 188 315 Surplus 1,661 97 631 38 116 145 64 202 45 26 55 61 183 Other capital accounts 7 7 0 0 0 0 0 0 0 0 0 0 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 317,100 19,756 121,249 8,121 17,844 25,067 14,020 38,860 8,810 4,684 10,261 14,191 34,238 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 312,090 20,224 117,825 7,782 17,889 27,049 13,717 37,597 9,107 4,395 10,516 13,162 32,829 Less—Held by F.R. Banks 43,324 3,443 8,896 1,427 2,217 5,806 4,426 3,120 1,905 828 1,901 2,559 6,796 F.R. notes, net 268,766 16,781 108,930 6,354 15,672 21,243 9,290 34,477 7,201 3,567 8,615 10,603 26,033 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 247,690 Total collateral 268,766 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