H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.vo2^£^* 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 27, 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 Jun 26, 1991 Jun 19, 1991 Jun ;1 7, 1990 Jun 26, 1991 Reserve Bank credit1 2 291,253 + 1,144 • 13,359 295,037 U.S. government securities Bought outright--system account 246,157 - 164 + 16,581 246,578 Held under repurchase agreements 1,195 • 1,195 + 1,195 4,611 Federal agency obligations Bought outright 6,213 0 - 233 6,213 Held under repurchase agreements 149 + 149 + 149 748 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 84 + 40 • 10 68 Seasonal credit 270 + 56 - 75 275 Extended credit 9 + 3 - 193 8 Float 144 - 366 - 398 -746 Other F.R. assets 37,031 + 230 - 3,676 37,282 Gold stock 11,062 0 - 3 11,062 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,724 + 10 + 678 20,724 Total factors supplying reserve funds 333,058 • 1,154 _ 15,534 336,842 Currency in circulation* 290,553 - 358 + 25,066 290,927 Treasury cash holdings* 620 - 2 4- 42 613 Deposits, other than reserve balances, with F.R. Banks Treasury 5,745 - 232 + 381 5,419 Foreign 216 - 10 - 50 233 Service-related balances and adjustments3 3,177 - 76 + 1,221 3,177 Other 224 • 20 - 104 262 Other F.R. liabilities and capital 8,190 - 50 - 1,435 8,107 Total factors, other than reserve balances, absorbing reserve funds 308,726 - 709 + 25,121 308,739 Reserve balances with F.R. Banks4 24,332 • 1,863 - 9,586 28,103 On June 26, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 243,915 million, a change of - $ 3,754 million for the week. 1 Net of $ 7,187 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,741 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 6,765 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,765 million was with foreign official and international accounts. Includes $ 649 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,018 million and adjustments of $ 160 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 | Hednesday ** Jun 26, 1991 Jun 19, 1991 Jun 27, 1990 ASSETS Gold certificate account 11,062 0 3 Special drawing rights certificate account 10,018 0 t 1,500 Coin 580 - 10 t 107 Loans 351 • 41 257 Acceptances 0 0 0 Federal agency obligations Bought outright 6,213 0 233 Held under repurchase agreements1 748 • 748 i- 746 U.S. government securities Bought outright—Bills 118,409 - 2,048 t 9,975 Notes 96,707 0 i- 4,925 Bonds 31,463 0 f 700 Total bought outright2 246,578 - 2,048 f 15,600 Held under repurchase agreements1 4,611 • 4,611 ¥ 4,611 Total U.S. government securities 251,189 • 2,563 f 20,211 Total loans and securities 258,502 f 3,352 * 20,469 Items in process of collection (534) 4,871 „ 670 1,052 Bank premises 931 + 4 f 106 Other assets3 36,404 • 432 3,511 TOTAL ASSETS (534) 322,369 + 3,107 + 17,617 LIABILITIES Federal Reserve notes 271,397 * 2 * 24,296 Deposits Depository institutions 32,414 + 6,664 - 4,398 U.S. Treasury—general account 5,419 - 2,064 - 495 Foreign—official accounts 233 - 11 h 43 Other 226622 ** 5533 - 52 Total deposits 3388,,332288 ++ 44,,664422 - 4,902 Deferred availability cash items i 534) 4,537 - 1,765 - 476 Other liabilities and accrued dividends4 22,,663344 221177 - 1,678 TOTAL LIABILITIES KK 553344)) 331166,,889955 ++ 33,,009955 + 17,241 CAPITAL ACCOUNTS Capital paid in 2,546 - 3 4 202 Surplus 2,423 + 13 + 180 Other capital accounts 504 + 1 " 7 * 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 $ 6,765 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 649 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 $ 70 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 26, 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 Heekly Heekly Holdings Holdings changes changes Hi-thin 15 days 310 0 HHiitthhiinn 1155 ddaayyss 15,476 + 5,776 953 + 719 16 days "to 90 days 42 0 1166 ddaayyss ttoo 9900 ddaayyss 57,085 3,488 827 15 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 78,876 • 275 1,484 • 9 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,453 0 2,499 + 35 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,584 0 1,010 0 OOvveerr 1100 yyeeaarrss 24,716 0 188 0 Total 351 0 TToottaall 251,189 + 2,563 6,961 + 748 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 26 ,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 580 41 21 46 33 108 48 54 36 15 38 37 102 Loans 351 31 18 11 3 3 12 18 73 114 37 6 25 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 748 0 748 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 118,409 8,016 46,665 3,129 7,409 9,366 3,960 14,879 3,136 1,531 3,282 4,646 12,390 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 246,578 16,693 97,176 6,515 15,428 19,504 8,247 30,984 6,530 3,188 6,835 9,675 25,802 Held under repurchase agreements1 4,611 0 4,611 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 251,189 16,693 101,787 6,515 15,428 19,504 8,247 30,984 6,530 3,188 6,835 9,675 25,802 Total loans and securities 258,502 17,145 105,003 6,691 15,820 19,999 8,466 31,783 6,768 3,383 7,043 9,924 26,477 Items in process of collection 5,406 456 740 350 175 375 524 437 160 328 344 485 1,030 Bank premises 931 89 106 45 34 122 57 111 28 33 53 105 147 Other assets3 36,404 1,564 10,734 1,617 1,966 2,281 3,364 4,525 948 961 1,325 2,566 4,553 Interdistrict settlement account 0 -3,066 +10,493 -1,479 -2,538 -2 -18 -767 -53 -712 •561 -1,188 -1,232 TOTAL ASSETS 322,903 17,688 134,408 7,907 16,827 24,793 13,224 38,849 8,523 4,351 10,070 12,907 33,357 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 $ 6,765 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 649 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 $ 70 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 26, 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 271,397 15,518 114,244 5,748 15,081 21,538 9,353 34,304 7,099 3,199 8,563 10,036 26,714 Deposits Depository institutions 32,414 1,404 11,164 1,555 1,084 2,283 2,747 3,045 1,039 646 894 1,885 4,668 U.S. Treasury—general account 5,419 0 5,419 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 233 6 124 7 8 9 15 19 4 4 6 11 20 Other 262 1 141 1 2 32 1 72 0 5 2 1 3 Total deposits 38,328 1,411 16,849 1,563 1,094 2,324 2,763 3,136 1,043 655 902 1,897 4,691 Deferred credit items 5,071 353 683 296 172 366 512 421 174 317 323 479 975 Other liabilities and accrued dividends1 2,634 170 1,057 73 158 203 96 325 68 37 75 105 268 TOTAL LIABILITIES 317,430 17,452 132,833 7,680 16,505 24,431 12,724 38,185 8,384 4,208 9,862 12,516 32,649 CAPITAL ACCOUNTS Capital paid in 2,546 105 714 101 149 165 252 308 65 69 98 187 333 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 504 34 194 10 47 48 Z_ 56 11 6_ 16 19 60 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 322,903 17,688 134,408 7,907 16,827 24,793 13,224 38,849 8,523 4,351 10,070 12,907 33,357 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 323,981 19,182 126,791 7,738 17,365 27,948 14,525 38,457 9,189 4,255 10,441 13,033 35,058 Less—Held by F.R. Banks 52,584 3,664 12,547 1,990 2,284 6,410 5,171 4,154 2,090 1,056 1,878 2,997 8,344 F.R. notes, net 271,397 15,518 114,244 5,748 15,081 21,538 9,353 34,304 7,099 3,199 8,563 10,036 26,714 Collateral held against F.R. notes Gold certificate account 11,062 Special drawing rights j certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 250,316 Total collateral 271,397 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