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 July 18, 1991 Millions of dollars Averac es of daily figures Reserve balances of depository institutions at Neek mndmd Change from week mrtdBd Nednesday F.R. Banks, Reserve Bank credit, and related iteas Jul 17, 1991 Jul 10, 1991 ~ Jul .1 8, 1990 Jul 17, 1991 Reserve Bank credit1 2 294,014 - 2,673 4 14,670 293,548 U.S. government securities Bought outright—systen account 249,028 4 1,035 4 18 ? 691 250,225 Held under repurchase agreements 2,623 - 3,696 4 1,912 682 Federal agency obligations Bought outright 6,213 0 - 232 6,213 Held under repurchase agreements 190 - 337 - 50 150 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 145 4 108 4 110 33 Seasonal credit 300 • 7 - 81 316 Extended credit 3 0 - 246 2 Float 408 - 80 - 18 965 Other F.R. assets 35,095 • 291 - 5,416 34,962 Gold stock 11,062 0 - 3 11,062 Special drawing rights certificate account 10,018 0 4 1,500 10,018 Treasury currency outstanding 20,772 4 10 4 680 20,772 Total factors supplying reserve funds 335,866 - 2,663 4 16,847 335,400 Currency in circulation* 294,316 - 545 4 24,793 293,663 Treasury cash holdings* 621 0 4 48 621 Deposits, other than rm%mrv» balances» with F.R. Banks Treasurv 6,646 - 436 4 1,538 7,111 Foreig.i 229 - 15 4 8 219 Service-related balances and adjustments3 3,150 - 69 4 1,133 3,149 Other 287 4 98 4 58 232 Other F.R. liabilities and capital 7,912 4 266 - 1,224 7,633 Total factors, other than reserve balances, absorbing reserve funds 313,161 - 702 4 26,355 312,628 Reserve balances with F.R. Banks4 22,705 - 1,961 - 9,508 22,771 On July 17,1991, marketable U.S. government securities held in custody by the Federal Reserve Banks tor foreign official and international accounts were $ 242,952 million, a change of + $ 1,290 million for the week. 1 Net of $ 5.400 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,400 million was with foreign official and international accounts. Includes securities loaned-futly secured by U.S. government securities. 2 Net of $ 4,885 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,885 million was with foreign official and international accounts. Includes % 282 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of % 3,160 million and adjustments of $ - 10 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\ ** HHeeooVViieessddaayy Hednesday Hednesday Jul 17, 1991 Jul 10, 1991 Jul 18, 1990 ASSETS Gold certificate account 11,062 0 - 3 Special drawing rights certificate account 10,018 0 • 1,500 Coin 535 0 • 80 Loans 351 • 30 - 301 Acceptances 0 0 0 Federal agency obligations Bought outright 6,213 0 - 232 Held under repurchase agreements * 150 - 274 • 150 U.S. government securities Bought outright—Bills 121,556 - 804 • 14,846 Notes 97,207 • 500 4 5,425 Bonds 3311,,446633 0 700 Total bought outright2 225500,,222255 - 304 20,971 Held under repurchase agreements1 682 - 5,473 • 682 Total U.S. government securities 250 907 - 5,777 * 21,653 ? Total loans and securities 257,622 - 6,021 • 21,270 Items in process of collection 1451) 5,589 • 374 - 433 Bank premises 938 • 7 • 111 Other assets3 34,002 - 244 - 5,441 TOTAL ASSETS (451) 319,767 - 5,885 • 17,083 LIABILITIES Federal Reserve notes 274,048 - 1,548 • 23,876 Deposits Depository institutions 25,534 - 6,490 - 7,337 U.S. Treasury—general account 7,111 • 2,068 • 1,955 Foreign—official accounts 219 • 33 • 29 Other 232 • 47 • 39 Total deposits 33,096 - 4,341 - 5,314 Deferred availability cash items (451) 4,990 • 218 - 289 Other liabilities and accrued dividends4 2,232 - 402 - 1,377 TOTAL LIABILITIES (451) 314,365 - 6,072 • 16,895 CAPITAL ACCOUNTS Capital paid in 2,548 • 2 • 180 Surplus 2,364 • 57 • 122 Other capital accounts 489 • 129 - 113 * 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 $ 1,925 million was outstanding at the end of the latest statement week. 2 Net of S 4,885 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 282 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated \n foreign currencies, revalued monthly at market exchange rates, includes special investment account at Chicago of $ 43 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, JULY 17, 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 Meekly Holdings Holdings changes changes Within 15 days 326 0 HHiitthhiinn 1155 ddaayyss 13,984 4,062 359 164 16 days to 90 days 25 0 1166 ddaayyss ttoo 9900 ddaayyss 55,366 2,992 962 7 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 81,279 • 712 1,342 103 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,731 • 317 2,523 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,832 • 248 989 0 OOvveerr 1100 yyeeaarrss 24,716 0 188 0 Total 351 0 TToottaall 250,907 5,777 6,363 274 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 JULY 17, 1991 Millions of dollars Kansas San Total Bos (ton New York Philadelphia Cleveland Richmond Atlanta Chicago St Louis Minneapolis City Dallas Francisco ASSETS Gold cartificata account 11,062 747 3,917 316 692 946 479 1,370 326 171 370 515 1,207 Special drawing rights cortif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 535 36 17 42 32 101 45 50 36 12 36 34 94 Loans 351 2 6 4 7 2 9 22 66 145 36 6 24 Acceptancas 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,213 421 2,449 164 369 491 206 761 165 60 172 244 650 Hold under repurchase apr peasants1 150 0 150 0 0 0 0 0 0 0 0 0 0 U.S. governaant securitias Ooupjit outrijaSt—Bills 121,556 6,229 47,905 3,212 7,606 9,615 4,065 15,274 3,219 1,571 3,369 4,769 12,720 Notas 97,207 6,581 36,309 2,566 6,082 7,669 3,251 12,215 2,574 1,257 2,694 3,614 10,172 Bonds 31,463 2,130 12,400 631 1,969 2,469 1,052 3,954 633 407 872 1,234 3,292 Total bought outright2 250,225 16,940 96,614 6,612 15,657 19,793 6,369 31,443 4,627 3,235 6,936 9,618 26,184 Hold under repurchase) agreements1 682 0 662 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 250,907 16,940 99,296 6,612 15,657 19,793 8,369 31,443 6,627 3,235 6,936 9,616 26,184 Total loans and saouritias 257,622 17,362 101,900 6,760 16,052 20,266 6,565 32,245 6,660 3,460 7,144 10,066 26,856 I team in procass of collection 6,041 365 826 334 291 501 655 547 199 326 372 455 1,167 Bank prenises 936 69 106 44 34 122 57 112 26 33 54 112 147 Other assets3 34,002 1,476 9,975 1,510 1,651 2,145 3,162 4,216 667 694 1,240 2,391 4,252 Intardistrict sattlaaant aooount | g_ -2>013 •U,945 -1,453 -3,015 -1,047 -916 -2,016 -635 -704 •56 -g»l*3 •2,781 TOTAL ASSETS 320,216 17,976 132,063 7,895 16,562 24,016 12,372 37,656 6,030 4,364 9,608 11,654 37,579 1 Does not Include U.S. Government and federal agency securities resold under matctied sale-purchase transactions to foreign official and International accounts, off which $ 1,925 million was outstanding lit the end off the latest statement week. 2 Net off $ 4,885 million matched sale-purchase transactions outstanding at the end off the latest statement week. Includes I 282 million securities toaned-Mly secured by U.S. government securities. 2 Includes assets denominated In foreign currencies, revalued monthly at market exchange rates. Includes special Investment account at Chicago of $ 43 million In Treasury bMs maturing within 00 days. Components may not add to totals duo 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 JULY 17, 1991 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis 1 City Dallas Francisco LIABILITIES Federal Reserve notes 274,048 16,029 116,899 6,106 14,697 20,825 8,027 34,159 6,714 2,966 8,155 9,591 29,879 Deposits Depository institutions 25,534 1.173 4,884 1,236 1,220 2,123 3,210 2,170 918 870 812 1,289 5,629 U.S. Treasury—general account 7,111 0 7,111 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 219 6 111 7 8 9 15 19 4 4 6 11 20 Other 232 L ° 113 1 1 56 1 45 0 5 2 7 2 Total deposits 33,096 1,160 12,218 1,244 1,228 2,188 3,226 2,233 922 879 819 1,308 5,651 Deferred credit items 5,441 361 687 260 176 439 582 474 188 352 356 487 1,080 Other liabilities and accrued dividends * 2,232 171 687 71 156 202 88 322 66 34 74 99 262 TOTAL LIABILITIES 314,817 " 17,741 130,490 7,680 16,257 23,655 11,923 37,188 7,889 4,231 9,405" 11,486 36,871 CAPITAL ACCOUNTS Capital prid in 2,548 105 715 102 149 166 252 308 65 69 98 187 333 Surplus 2,364 97 667 113 125 148 197 300 64 64 93 181 315 Other capital accounts 489 33 211 0_ 50 49 0_ 62 12 0 12_ 0_ 59 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 320,218 17,976 132,083 7,895 16,582 24,018 12,372 37,858 8,030 4,364 9,608 11,854 37,579 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 335,752 19,847 132,700 8,059 17,278 27,894 14,141 39,098 9,244 4,229 10,413 12,977 39,872 Less—Held by F.R. Banks 61,705 3,818 15,802 1,953 2,581 7,068 6,114 *>939 2,531 1,262 2,258 3,386 9,993 F.R. notes* net 274,048 16,029 116,899 6,106 14,697 20,825 8,027 34,159 6,714 2,966 8,155 9,591 29,879 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 252,968 Total collateral 274,048 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