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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 20, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jun 19, 1991 Jun 12, 1991 Jun 20, 1990 Jun 19, 1991 Reserve Bank credit1 2 290,110 - 1,035 + 13,309 291,197 U.S. government securities Bought outright—system account 246,321 - 1,417 • 17,338 248,626 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,213 0 - 233 6,213 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 44 - 123 + 10 61 Seasonal credit 214 • 35 - 98 241 Extended credit 6 + 4 - 157 8 Float 511 + 246 + 17 -665 Other F.R. assets 36,801 + 219 - 3,568 36,712 Gold stock 11,062 + 4 - 3 11,062 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,714 + 10 + 687 20,714 Total factors supplying reserve funds 331,904 - 1,021 + 15,492 332,991 - Currency in circulation* 290,911 77 + 25,080 290,898 Treasury cash holdings* 623 - 5 + 41 622 Deposits, other than reserve balances, with F.R. Banks Treasury 5,977 • 819 + 975 7,483 Foreign 226 - 17 - 8 244 Service-related balances and adjustments3 3,254 + 129 + 1,216 3,254 Other 204 + 12 - 98 210 Other F.R. liabilities and capital 8,241 - 493 - 1,312 7,878 Total factors, other than reserve balances, absorbing reserve funds 309,435 + 368 + 25,893 310,588 Reserve balances with F.R. Banks4 22,469 - 1,390 - 10,401 22,403 On June 19, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 247,669 million, a change of - $ 28 million for the week. 1 Net of $ 7.023 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,552 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,717 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,717 million was with foreign official and international accounts. Includes $ 250 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,017 million and adjustments of $ 236 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 19, 1991 Jun 12, 1991 1 Jun 20, 1990 ASSETS Gold certificate account 11,062 + 1 - 3 Special drawing rights certificate account 10,018 0 + 1,500 Coin 590 • 8 • 117 Loans 310 - 193 - 240 Acceptances 0 0 0 Federal agency obligations Bought outright 6,213 0 - 233 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 120,457 + 3 + 13,900 Notes 96,707 0 + 4,925 Bonds 31,463 0 + 700 Total bought outright2 248,626 + 3 + 19,525 Held under repurchase agreements1 0 0 0 Total U.S. government securities 248,626 + 3 + 19,525 Total loans and securities 255,150 - 191 + 19,053 - _ Items in process of collection (561) 5,542 6 396 Bank premises 928 0 + 102 Other assets3 3355,,997722 ++ 117711 - 3,605 TOTAL ASSETS ((556611)) 331199,,226622 1155 • 16,768 LIABILITIES Federal Reserve notes 271,395 - 241 + 24,625 Deposits Depository institutions 25,750 ! 4,017 - 8,609 U.S. Treasury—general account 7,483 + 2,965 + 1,539 Foreign—official accounts 244 • 18 + 21 Other 210 j + 18 - 33 Total deposits 33,686 - 1,016 - 7,082 Deferred availability cash items (561) 6,302 • 1,497 • 712 Other liabilities and accrued dividends* 2,416 - 263 ; 1,861 TOTAL LIABILITIES (561) 313,800 - 23 + 16,394 CAPITAL ACCOUNTS Capital paid in | 2,549 ! • 2 + 205 Surplus | 2,410 + 17 • 167 Other capital accounts 503 - 11 + 3 * 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 $ 2,003 million was outstanding at the end of the latest statement week. 2 Net of $ 4,717 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 250 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 $ 67 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 19, 1991 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum n.aturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Meekly Neekly Holdings Holdings changes changes Hithin 15 days 287 0 HHiitthhiinn 1155 ddaayyss 99,,770000 + 2,193 234 + 190 16 days to 90 days 24 0 1166 ddaayyss ttoo 9900 ddaayyss 6600,,557733 2,341 842 190 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 7788,,660011 + 150 1,475 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,445533 0 2,464 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1122,,558844 0 1,010 0 OOvveerr 1100 yyeeaarrss 2244,,771166 0 188 0 Total 310 0 TToottaall 224488,,662266 + 3 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 19, 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 11,062 747 3,917 318 692 948 479 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 590 44 21 47 34 109 47 57 36 16 40 37 104 Loans 310 25 22 9 3 2 11 12 59 109 22 3 33 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 120,457 8,155 47,472 3,183 7,537 9,528 4,029 15,136 3,190 1,557 3,339 4,726 12,6C5 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 248,626 16,832 97,984 6,569 15,557 19,666 8,315 31,242 6,585 3,214 6,891 9,755 26,016 Held under repurchase agreements1 0 0 0 0 000 000 000 000 0 00 000 000 0 Total U.S. govt, securities 248,626 16,832 97,984 6,569 111555,,,555555777""" ''' ~~~111999~~~,,,~~~666666666""" 888,,,333111555~~~ 333111,,,222444222 6,585 "" 33,,""221144 999,,,777555555 26,016 Total loans and securities 255,150 17,277 100,455 6 > 743 111555,,,999444888 222000,,,111666000 888,,,555333333 333222,,,000333444 6,808 3,404 777,,,000888666 111000,,,000000222 26,700 Items in process of collection 6,103 362 805 443 191 405 591 543 204 372 379 531 1,277 Bank premises 928 89 101 45 34 123 57 111 28 33 54 105 147 Other assets3 35,972 1,541 10,480 1,603 1,945 2,254 3,334 4,518 936 951 1,312 2,574 4,524 Interdistrict settlement account 0 -2,818 *10,715 -1,743 ~2>S19 -395 ••tt--662244 --11,,771100 -83 -606 ++443377 --11,,882288 -75 TOTAL ASSETS 319,823 17,953 129,889 7,774 16,970 24,564 llYY,, 996688 3388,,226600"" 8,565 4,514 iioo77ooiizz~~ 1122,,440000~~ 34,955 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 $ 2,003 million was outstanding at the end of the latest statement week. 2 Het of $ 4,717 million matched sale-purchase transactions outstanding at the end of the latest statement week includes $ 250 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 $ 67 million in Treasury bills maturing within SO 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 19, 1991 Millions of dollars ! Total Boston New York Philadelphia Cleveland ! Atlanta Chicago St. Louis Minneapolis Kansas Dallas San Richmond City Francisco LIABILITIES Federal Reserve notes 271,395 15,969 112,485 6,081 15,311 21,584 9,372 34,512 7,149 3,272 8,627 10,102 26,931 Deposits Depository institutions 25,750 1,228 5,295 1,098 961 1,948 3,449 2,144 1,025 697 753 1,285 5,866 U.S. Treasury—general account 7,483 0 7,483 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 244 6 135 7 8 9 15 19 4 4 6 11 20 Other 210 0 92 1 0 33 1 69 0 5 2 1 4 Total deposits 33,686 1,235 13,006 1,106 970 1,991 3,465 2,232 1,030 706 761 1,297 5,890 Deferred credit items 6,863 339 1,999 282 204 422 552 517 178 356 340 519 1,155 Other liabilities and accrued dividends1 2,416 175 813 74 161 207 95 335 68 36 76 105 271 TOTAL LIABILITIES 314,361 17,718 128,302 7,543 16,646 24,204 13,484 37,595 8,425 4,370 9,804 12,024 34,246 CAPITAL ACCOUNTS Capital paid in 2,549 105 714 104 149 165 252 307 65 69 98 187 333 Surplus 2,410 97 667 115 125 148 232 300 64 69 93 185 315 Other capital accounts 503 33 206 12 49 47 0_ 57 11 6^ 17 4^ 60 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 319,823 17,953 129,889 7,774 16,970 24,564 13,968 38,260 8,565 4,514 10,012 12,400 34,955 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 320,160 19,430 123,400 7,744 17,611 27,766 14,254 38,532 9,203 4,304 10,443 12,951 34,522 Less--Held by F.R. Banks 48,765 3,461 10,915 1,663 2,300 6,182 4,882 4,021 2,054 1,032 1,816 2,849 7,591 F.R. notes, net 1 271,395 15,969 112,485 6,081 15,311 21,584 9,372 34,512 7,149 3,272 8,627 10,102 26,931 Collateral held against F.R. notes Gold certificate account 11,062 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 250,315 Total collateral 271,395 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