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. **L R£^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June^ 6y 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 5, 1991 May 29, 1991 Jun 6, 1990 Jun 5, 1991 Reserve Bank credit1 2 291,725 + 5,179 + 14,725 292,392 U.S. government securities Bought outright--system account 248,558 + 4,728 + 21,164 248,876 Held under repurchase agreements 0 - 477 - 1,434 0 Federal agency obligations Bought outright 6,213 - 26 - 233 6,213 Held under repurchase agreements 0 - 76 - 352 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 31 - 76 - 129 22 Seasonal credit 173 - 1 - 109 179 Extended credit 14 - 8 - 587 2 Float 608 + 281 + 309 787 Other F.R. assets 36,128 + 835 - 3,902 36,313 Gold stock 11,057 0 - 8 11,057 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,694 + 10 + 704 20,694 Total factors supplying reserve funds 333,495 + 5,189 _ 16,921 334,162 Currency in circulation* 290,668 + 901 + 25,341 290,838 Treasury cash holdings* 628 0 + 46 628 Deposits, other than reserve balances, with F.R. Banks Treasury 5,942 + 1,298 + 757 4,915 Foreign 227 - 17 - 41 206 Service-related balances and adjustments3 3,183 + 21 + 941 3,182 Other 218 - 5 - 64 190 Other F.R. liabilities and capital 8,460 + 821 - 1,549 8,419 Total factors, other than reserve balances, absorbing reserve funds 309,327 + 3,020 + 25,432 308,378 Reserve balances with F.R. Banks4 24,168 + 2,169 - 8,511 25,784 On June 5, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 246,053 million, a change of - $ 86 million for the week. 1 Net of $ 4,757 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,757 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,468 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,468 million was with foreign official and international accounts. Includes $ 313 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,020 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 since ** WWeeddnneessddaayy Wednesday Wednesday Jun 5, 1991 May 29, 1991 Jun 6, 1990 ASSETS Gold certificate account 11,057 0 - 8 Special drawing rights certificate account 10,018 0 + 1,500 Coin 575 - 3 + 116 Loans 203 - 53 - 393 Acceptances 0 0 0 Federal agency obligations Bought outright 6,213 0 - 233 Held under repurchase agreements1 0 - 534 - 702 U.S. government securities Bought outright—Bills 120,706 + 4,383 • 15,922 Notes 96,707 + 200 • 4,925 Bonds 31,463 0 •f 700 Total bought outright2 248,876 + 4,583 + 21,547 Held under repurchase agreements1 0 - 3,342 - 2,308 Total U.S. government securities 248,876 + 1,241 + 19,239 Total loans and securities 255,292 + 654 + 17,911 Items in process of collection (883) 6,387 - 1,238 - 34 Bank premises 915 0 + 120 Other assets3 3355,,443399 ++ 883322 - 4,117 TOTAL ASSETS ((888833)) 331199,,668844 224455 + 15,487 LIABILITIES Federal Reserve notes 271,347 + 158 + 24,749 Deposits Depository institutions 29,106 - 598 - 7,468 U.S. Treasury—general account 4,915 + 971 + 135 Foreign—official accounts 206 - 60 - 17 Other 190 - 52 - 51 Total deposits 34,417 + 261 - 7,402 Deferred availability cash items (883) 5,501 - 1,018 - 452 Other liabilities and accrued dividends4 22,,552211 ++ 114488 - 1,797 TOTAL LIABILITIES ((888833)) 331133,,778866 445500 + 15,098 CAPITAL ACCOUNTS Capital paid in 2,545 - 3 + 208 Surplus 2,377 + 179 + 135 Other capital accounts 1 976 + 519 i + 46 * 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 $ 2,073 million was outstanding at the end of the latest statement week. 2 Net of $ 4,468 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 313 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 $ 49 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, JUNE 5, 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 Heekly Weekly Holdings Holdings changes changes Within 15 days 80 0 HHiitthhiinn 1155 ddaayyss 1111,,556677 3,442 46 790 16 days to 90 days 123 0 1166 ddaayyss ttoo 9900 ddaayyss 6622,,115555 + 4,928 1,028 + 280 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7755,,440011 709 1,483 24 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,445533 • 463 2,458 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,558844 0 1,010 0 OOvveerr 1100 yyeeaarrss 2244,,771166 0 188 0 Total 203 0 TToottaall 224488,,887766 + 1,241 6,213 534 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 JUNE 5, 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 11,057 747 3,912 318 692 948 479 1,370 328 171 370 515 1,207 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 575 46 19 47 35 109 45 56 34 17 37 26 102 Loans 203 13 11 0 5 4 7 11 46 78 17 2 10 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,213 421 2,449 164 389 491 208 781 165 80 172 244 650 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 120,706 8,172 47,570 3,189 7,553 9,548 4,037 15,168 3,197 1,561 3,346 4,736 12,631 Notes 96,707 6,547 38,112 2,555 6,051 7,649 3,234 12,152 2,561 1,250 2,680 3,794 10,119 Bonds 31,463 2,130 12,400 831 1,969 2,489 1,052 3,954 833 407 872 1,234 3,292 Total bought outright2 248,876 16,849 98,082 6,576 15,572 19,686 8,323 31,273 6,591 3,218 6,898 9,765 26,043 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 248,876 16,849 98,082 6,576 15,572 19,686 8,323 31,273 6,591 3,218 6,898 9,765 26,043 Total loans and securities 255,292 17,282 100,541 6,740 15,966 20,181 8,538 32,065 6,802 3,376 7,087 10,011 26,702 Items in process of collection 7,270 494 889 806 260 635 732 639 245 354 457 537 1,222 Bank premises 915 89 97 45 34 122 57 111 28 33 53 97 147 Other assets3 35,439 1,519 10,266 1,593 1,908 2,222 3,342 4,407 928 950 1,305 2,537 4,464 Interdistrict settlement account 0 -2,824 +6,965 -1,600 -1,912 + 180 +625 -1,840 + 20 -424 +513 -1,385 +1,681 TOTAL ASSETS 320,567 18,065 126,085 8,268 17,627 25,359 14,121 38,144 8,692 4,649 10,157 12,801 36,597 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 $ 2,073 million was outstanding at the end of the latest statement week. 2 Net of $ 4,468 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 313 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 $ 49 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 JUNE 5, 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 271,347 15,878 111,480 5,974 15,309 21,644 9,817 34,000 7,199 3,451 8,651 10,284 27,659 Deposits Depository institutions 29,106 1,379 6,126 1,231 1,567 2,557 3,137 2,446 1,073 665 787 1,525 6,613 U.S. Treasury—general account 4,915 0 4,915 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 206 6 97 7 8 9 15 19 4 4 6 11 20 Other 190 1 84 1 1 39 1 51 0 5 4 0 3 Total deposits 34,417 1,387 11,222 1,239 1,575 2,605 3,152 2,516 1,077 674 797 1,537 6,635 Deferred credit items 6,384 368 678 751 230 509 609 555 194 351 403 492 1,245 Other liabilities and accrued dividends1 2,521 174 949 73 157 201 93 328 67 35 75 102 267 TOTAL LIABILITIES 314,669 17,806 124,329 8,038 17,271 24,959 13,671 37,399 8,537 4,510 9,927 12,416 35,806 CAPITAL ACCOUNTS Capital paid in 2,545 104 713 104 149 165 251 307 65 69 98 187 332 Surplus 2,377 97 667 115 125 148 200 300 64 69 93 185 315 Other capital accounts 976 57 375 11 81 87 0_ 138 28 2_ 40 13^ 144 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 320,567 18,065 126,085 8,268 17,627 25,359 14,121 38,144 8,692 4,649 10,157 12,801 36,597 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 316,818 19,299 122,030 7,568 17,439 27,478 14,439 37,531 9,105 4,324 10,446 13,018 34,140 Less—Held by F.R. Banks 45,471 3,421 10,550 1,594 2,130 5,834 4,621 3,531 1,906 874 1,795 2,733 6,481 F.R. notes> net 271,347 15,878 111,480 5,974 15,309 21,644 9,817 34,000 7,199 3,451 8,651 10,284 27,659 Collateral held against F.R. notes Gold certificate account 11,057 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 250,271 Total collateral £71,347 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