H.4.1 Factors Affecting Reserve Balances of Depository Institutions

vo<^2>, FEDERAL RESERVE These data are scheduled for release eaeh Thursday. The exact time of each release will be announced, when !L the information is available, on (202) 452-3206. *>H- R« Mi^V - I jgq] H.41 Factors Affecting Reserve Balances of Depository Institutions an<% UCM/M 111 ~" Condition Statement of F.R. Banks April"" 25, 1991 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 24, 1991 Apr 17, 1991 Apr 25, 1990 Apr 24, 1991 Reserve Bank credit1 2 —, - 557 + 11,821 282,711 U.S. government securities 284,258 bought outright--system account 240,451 + 359 + 16,144 239,000 Held under repurchase agreements 0 - 617 0 0 Federal agency obligations Bought outright 6,302 - 39 - 189 6,250 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 41 - 83 - 55 32 Seasonal credit 83 • 14 - 51 93 Extended credit 90 • 11 - 1,001 92 Float 493 - 295 + 400 200 Other F.R. assets 36,797 + 93 - 3,427 37,045 Gold stock 11,058 0 - 2 11,058 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,607 + 10 + 711 20,607 Total factors supplying reserve funds 325,941 - 547 _ 14,029 324,394 Currency in circulation* 287,197 - 1,106 + 26,884 286,830 Treasury cash holdings* 645 + 5 + 88 645 Deposits, other than reserve balances, with F.R. Banks Treasury 5,509 + 1,729 • 1,487 4,411 Foreign 251 * 4 + 32 186 Service-related balances and adjustments3 3,171 - 123 + 1,150 3,171 Other 232 - 10 - 95 208 Other F.R. liabilities and capital 6,780 + 237 - 2,382 6,939 Total factors, other than reserve balances. 1 absorbing reserve funds 303,784 + 736 + 27,164 302,389 Reserve balances with F.R. Banks4 22,156 - 1,283 - 13,135 22,005 On April 24, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 240,164 million, a change of - $ 2.673 million for the week. 1 Net of $ 9,281 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6.782 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 10.732 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6332 million was with foreign official and international accounts. Includes $ 508 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,911 million and adjustments of $ 260 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 24, 1991 Apr 17, 1991 Apr 25, 1990 ASSETS Gold certificate account 11,058 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 622 - 8 • 88 - Loans 217 • 14 225 Acceptances 0 0 0 Federal agency obligations Bought outright 6,250 - 91 - 196 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 111,030 - 3,925 • 9,581 Notes 96,707 0 + 5,167 Bonds 31,263 0 + 308 Total bought outright2 239,000 - 3,925 + 15,056 Held under repurchase agreements1 0 - 2,072 0 Total U.S. government securities 239,000 - 5,997 • 15,056 Total loans and securities 245,467 - 6,074 + 14,635 Items in process of collection (502) 5,226 - 1,411 - 1,102 Bank premises 906 0 + 110 Other assets3 35,997 + 311 - 3,384 TOTAL ASSETS (502) 309,293 - 7,184 • 11,845 LIABILITIES Federal Reserve notes 267,490 - 1,276 • 26,331 Deposits Depository institutions 25,234 - 6,229 - 11,049 U.S. Treasury—general account 4,411 + 1,027 • 286 Foreign—official accounts 186 - 10 - 80 Other 220088 - 17 507 __ Total deposits 3300,,003388 - 5,229 11,350 Deferred availability cash items (502) 4,826 - 1,105 - 1,128 Other liabilities and accrued dividends* 2,355 + 22 - 1,536 TOTAL LIABILITIES (502) 304,709 - 7,589 + 12,317 CAPITAL ACCOUNTS Capital paid in 2,511 + 1 • 191 Surplus 1,884 • 222 - 359 Other capital accounts 189 • 182 - 304 * 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 $ 10,732 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 508 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 $ 52 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 24, 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. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 207 0 WWiitthhiinn 1155 ddaayyss 10,267 793 134 91 16 days to 90 days 10 0 1166 ddaayyss ttoo 9900 ddaayyss 55,770 5,104 687 + 55 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 72,465 100 1,764 55 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,033 0 2,418 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,789 0 1,059 0 OOvveerr 1100 yyeeaarrss 24,676 0 188 0 Total 217 0 TToottaall 239,000 5,997 6,250 91 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 24, 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 622 54 23 51 46 120 50 41 37 17 39 34 110 Loans 217 57 3 10 0 52 4 9 21 44 11 2 4 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,250 420 2,307 182 374 582 218 762 181 100 204 m 223 696 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securi t ies Bought outright—Bills 111,030 7,459 40,987 3,233 6,652 10,334 3,877 13,542 3,219 1,774 3,623 3,963 12,367 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 990077 449999 11,,002200 11,,111166 3,482 Total bought outright2 239,000 16,056 88,227 6,960 14,318 22,245 8,346 29,149 66,,993300 33,,881188 77,,880000 88,,553300 26,621 Held under repurchase agreements* 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 239,000 16,056 88,227 6,960 14,318 22,245 8,346 29,149 6,930 3,818 7,800 8,530 26,621 Total loans and securities 245,467 16,533 90,537 7,152 14,692 22,879 8,568 29,920 7,132 3,961 8,015 8,756 27,321 Items in process of collection 5,728 322 675 373 178 348 612 481 209 324 352 641 1,211 Bank premises 906 89 94 45 35 122 58 111 28 33 54 90 147 Other assets3 35,997 1,569 10,480 1,609 1,937 2,344 3,307 4,459 952 956 1,335 2,511 4,539 Interdistrict settlement account g_ -1,461 +12,094 -2,137 -911 -3,608 + 109 +34 -642 -1,047 -618 -188 -1,625 TOTAL ASSETS 309,795 18,567 120,799 7,796 17,309 24,174 13,472 37,760 8,369 4,620 9,933 12,893 34,104 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 $ 10,732 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 508 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 $ 52 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 24 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 267,490 16,321 108,888 6,207 15,334 21,296 9,589 33,911 7,139 3,495 8,564 10,606 26,139 Deposits Depository institutions 25,234 1,517 4,458 1,038 1,346 1,902 2,912 2,481 860 643 777 1,306 5,993 U.S. Treasury—general account 4,411 0 4,411 0 0 0 0 0 0 0 0 0 0 ' Foreign—official accounts 186 6 77 7 8 9 15 19 4 4 6 11 20 Other 208 1 83 1 2 53 1 54 0 5 1 1 5 Total deposits 30,038 1,524 9,029 1,047 1,356 1,965 2,928 2,554 864 653 784 1,318 6,017 Deferred credit items 5,328 328 626 310 185 335 531 431 173 329 339 612 1,130 Other liabilities and accrued t dividends1 2,355 166 772 76 146 231 9955 330077 7722 4422 8844 9911 273 TOTAL LIABILITIES 305,211 18,339 119,314 7,640 17,021 23,828 1133,,114433 3377^^220033 88,,224488 44,,551199 99,,777700 1122,,662288 33,558 CAPITAL ACCOUNTS Capital paid in 2,511 101 705 104 148 165 248 306 64 69 96 187 316 Surplus 1,884 97 667 52 125 148 81 250 57 32 67 78 229 Other capital accounts 189 3f£ 112 0_ 14 33 0 0 0 0 0 0 0 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 309,795 18,567 120,799 7,796 17,309 24,174 13,472 37,760 8,369 4,620 9,933 12,893 34,104 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 312,068 19,821 118,254 7,730 17,643 27,149 14,163 37,072 9,045 4,357 10,533 13,223 33,078 Less--Held by F.R. Banks 44,578 3,500 9,366 1,522 2,308 5,852 4,574 3,161 1,906 886622 11,,996699 22,,661177 6,939 F.R. notes, net 267,490 16,321 108,888 6,207 15,334 21,296 9,589 33,911 7,139 33,,449955 88,,556644 1100,,660066 26,139 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 1,164 U.S. govt, and agency securities 245,250 Total collateral 267,490" 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