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. *4i RE' ri.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 13, 1991 Millions of dollars Averac ies of daily f:L gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frorri week ended Wednesday FF..RR,, BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 12, 1991 Jun 5, 1991 Jun 13, 1990 Jun 12, 1991 Reserve Bank credit1 2 291,165 - 563 + 11,013 293,497 U.S. government securities Bought outright—system account 247,738 - 820 + 19,940 248,624 Held under repurchase agreements 0 0 - 2,550 0 Federal agency obligations Bought outright 6,213 0 - 233 6,213 Held under repurchase agreements 0 0 - 907 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 167 + 136 - 574 307 Seasonal credit 179 • 6 - 102 191 Extended credit 3 - 12 - 513 6 Float 295 - 315 - 284 1,481 Other F.R. assets 36,570 + 442 - 3,764 36,674 Gold stock 11,058 + 1 - 7 11,061 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,704 + 10 _+ 695 20,704 Total factors supplying reserve funds 332,945 - 552 13,201 335,280 Currency in circulation* 290,988 + 320 + 25,076 291,136 Treasury cash holdings* 627 - 1 + 41 623 Deposits, other than reserve balances, with F.R. Banks Treasury 5,158 - 784 + 585 4,519 Foreign 242 + 15 + 25 226 Service-related balances and adjustments3 3,125 - 58 + 1,215 3,125 Other 192 - 26 - 39 191 Other F.R. liabilities and capital 8,734 + 274 - 1,497 8,133 Total factors, other than reserve balances, absorbing reserve funds 309,066 - 261 + 25,407 307,953 Reserve balances with F.R. Banks4 23,879 - 291 - 12,206 27,327 On June 12, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 247,697 million, a change of + $ 1,644 million for the week. 1 Net of $ 5,606 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of S 5,606 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,720 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,720 million was with foreign official and international accounts. Includes $ 251 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,019 million and adjustments of $ 106 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 ** HHeeddnneessddaayy Hednesday Wednesday Jun 12, 1991 Jun 5, 1991 Jun 13, 1990 ASSETS Gold certificate account 11,061 + 4 - 5 Special drawing rights certificate account 10,018 0 + 1,500 Coin 582 + 7 + 113 Loans 504 + 301 - 5,144 Acceptances 0 0 0 Federal agency obligations Bought outright 6,213 0 - 233 Held under repurchase agreements1 0 0 - 1,053 U.S. government securities Bought outright—Bills 120,454 - 252 + 15,142 Notes 96,707 0 + 4,925 Bonds 31,463 0 + 700 Total bought outright2 248,624 - 252 + 2.0,767 Held under repurchase agreements1 0 0 - 1,032 Total U.S. government securities 248,624 - 252 + 19,735 Total loans and securities 255,341 + 49 + 13,305 Items in process of collection (448) 5,547 - 840 + 24 Bank premises 927 + 12 + 102 Other assets3 35,801 + 361 - 3,822 TOTAL ASSETS (448) 319,277 - 407 + 11,218 LIABILITIES Federal Reserve notes 271,637 + 290 + 24,454 Deposits Depository institutions 29,766 + 661 - 10,433 U.S. Treasury—general account 4,519 - 397 - 773 Foreign—official accounts 226 + 20 + 2 Other 191 + 1 - 33 Total deposits 34,702 + 285 - 11,237 Deferred availability cash items (448) 4,805 - 696 - 481 Other liabilities and accrued dividends4 2,680 + 158 - 1,863 TOTAL LIABILITIES (448) 313,823 + 37 + 10,875 CAPITAL ACCOUNTS Capital paid in 2,547 + 2 + 202 Surplus 2,393 + 16 + 151 Other capital accounts 514 - 462 - 9 * 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 $ 1,862 million was outstanding at the end of the latest statement week. 2 Net of $ 4,720 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 251 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 $ 59 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 12, 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 Weekly Heekly Holdings Holdings changes changes Nithin 15 days 377 0 NNiitthhiinn 1155 ddaayyss 77,,550066 4,061 44 2 16 days to 90 days 126 0 1166 ddaayyss ttoo 9900 ddaayyss 6622,,991144 + 759 1,032 + 4 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7788,,445511 + 3,050 1,475 8 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,445533 0 2,464 + 6 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,558844 0 1,010 0 OOvveerr 1100 yyeeaarrss 2244,,771166 0 188 0 Total 504 0 TToottaall 224488,,662244 252 6,213 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 JUNE 12 ,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 11,061 747 3,916 318 692 948 479 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 582 45 19 47 33 109 46 57 34 17 38 30 106 Loans 504 13 298 2 4 2 9 9 51 86 14 2 14 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 120,454 8,155 47,471 3,183 7,537 9,528 4,028 15,136 3,190 1,557 3,339 4,726 12,604 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 248,624 16,832 97,983 6,569 15,556 19,666 8,315 31,241 6,585 3,214 6,891 9,755 26,016 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 248,624 16,832 97,983 6,569 15,556 19,666 8,315 31,241 6,585 3,214 6,891 9,755 26,016 Total loans and securities 255,341 17,266 100,729 6,736 15,949 20,159 8,532 32,031 6,800 3,380 7,077 10,001 26,680 Items in process of collection 5,995 346 871 396 205 424 621 721 174 332 351 459 1,094 Bank premises 927 89 101 45 34 122 57 111 28 33 54 105 147 Other assets3 35,801 1,536 10,370 1,606 1,938 2,247 3,348 4,464 933 955 1,314 2,550 4,539 Interdistrict settlement account 0 -2,725 +6,472 -1,631 -1,817 + 252 +1,390 -1,526 -135 -503 +686 -918 +456 TOTAL ASSETS 319,725 18,016 125,873 7,835 17,679 25,223 14,776 38,565 8,469 4,557 10,224 13,205 35,302 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 $ 1,862 million was outstanding at the end of the latest statement week. 2 Net of $ 4,720 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 251 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 $ 59 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 12, 1991 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 271,637 15,928 111,690 6,052 15,508 21,741 9,635 34,300 7,193 3,291 8,661 10,174 27,464 Deposits Depository institutions 29,766 1,331 6,234 1,185 1,490 2,461 3,994 2,705 911 738 925 2,055 5,738 U.S. Treasury—general account 4,519 0 4,519 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 226 6 117 7 8 9 15 19 4 4 6 11 20 Other 191 1 11 1 1 38 1 61 0 5 2 1 3 Total deposits 34,702 1,338 10,946 1,194 1,498 2,508 4,010 2,785 915 748 933 2,067 5,760 Deferred credit items 5,253 336 625 283 185 400 565 471 151 338 345 464 1,089 Other liabilities and accrued dividends1 2,680 179 1,027 77 165 212 99 343 71 37 78 109 282 TOTAL LIABILITIES 314,271 17,781 124,288 7,606 17,356 24,861 14,309 37,899 8,330 4,414 10,017 12,814 34,595 CAPITAL ACCOUNTS Capital paid in 2,547 105 713 104 149 165 251 307 65 69 98 187 332 Surplus 2,393 97 667 115 125 148 216 300 64 69 93 185 315 Other capital accounts 514 33 205 10 49 48 0_ 58 11 4_ 17 19 59 TOTAL LIABILITIES Ah© CAPITAL ACCOUNTS 319,725 18,016 125,873 7,835 17,679 25,223 14,776 38,565 8,469 4,557 10,224 13,205 35,302 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 318,508 19,350 122,226 7,692 17,644 27,750 14,363 38,115 9,196 4,317 10,452 12,980 34,421 Less—Held by F.R. Banks 46,871 3,422 10,536 1,640 2,137 6,009 4,728 3,815 2,003 1,026 1,792 2,806 6,956 F.R. notes, net 271,637 15,928 111,690 6,052 15,508 21,741 9,635 34,300 7,193 3,291 8,661 10,174 27,464 Collateral held against F.R. notes Gold certificate account 11,061 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 250,558 Total collateral 271,637 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