H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE * -*feWj; n fi nn\\\&--*.//*- ' 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 August 1, 1991 Millions of dollars Averac es o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jul 31, 1991 Jul 24, 1991 Aug 1, 1990 Jul 31, 1991 Reserve Bank credit1 2 291,564 - 978 + 14,058 293,650 U.S. government securities Bought outright—system account 249,318 - 1,512 + 18,146 250,978 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,159 - 31 - 255 6,159 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 32 - 114 - 56 85 Seasonal credit 362 + 23 - 72 359 Extended credit 186 + 182 - 204 130 Float 626 • 277 + 488 896 Other F.R. assets 34,880 + 197 - 3,989 35,044 Gold stock 11,062 0 - 1 11,062 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,792 + 10 + 674 20,792 Total factors supplying reserve funds 333,436 - 968 _ 16,230 335,522 Currency in circulation* 292,286 - 609 + 24,106 292,603 Treasury cash holdings* 606 - 7 + 51 606 Deposits, other than reserve balances, with F.R. Banks Treasury 6,470 + 437 + 1,142 5,831 Foreign 239 + 18 •i 23 314 Service-related balances and adjustments3 3,265 - 53 + 1,264 3,265 Other 213 + 21 - 95 212 Other F.R. liabilities and capital 8,006 + 97 - 1,200 8,165 Total factors, other than reserve balances, absorbing reserve funds 311,086 - 95 + 25,292 310,996 Reserve balances with F.R. Banks* | 22,349 - 873 - 9,061 24,525 On July 31, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 245,159 million, a change of + $ 2,032 million for the week. 1 Net of $ 6,046 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,046 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,386 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,386 million was with foreign official and international accounts. Includes $ 323 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,152 million and adjustments of $ 113 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 Wednesday j Wednesday Jul 51, 1991 Jul 24, 1991 ' Aug 1, 1990 ASSETS Gold certificate account 11,062 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 544 + 4 + 67 Loans 574 + 129 - 287 Acceptances ! 0 0 0 Federal agency obligations Bought outright 6,159 0 - 255 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 122,185 + 1,801 + 12,521 Notes 97,552 0 + 5,550 Bonds 51,465 0 + 700 Total bought outright2 250,978 + 1,801 + 18,771 Held under repurchase agreements1 0 0 0 Total U.S. government securities 250,978 + 1,801 * 18,771 Total loans and securities 257,710 + 1,950 + 18,229 Items in process of collection (504) 5,547 + 548 - 749 Bank premises 940 + 2 + 109 Other assets3 5544,,007744 ++ 226600 •- 4,195 TOTAL ASSETS ((550044)) 551199,,889966 22,,554444 + 14,961 LIABILITIES Federal Reserve notes 272,962 + 94 f 23,299 Deposits Depository institutions 27,871 + 709 - 5,558 U.S. Treasury—general account 5,851 + 1,188 \ 109 Foreign--official accounts 514 + 115 t 109 Other 212 + 58 - 27 Total deposits 54,228 + 2,049 - 5,585 Deferred availability cash items (504) 4,541 - 5 - 1,585 Other liabilities and accrued dividends* 2,570 + 48 - 1,155 TOTAL LIABILITIES (504) 514,102 + 2,185 + 14,976 CAPITAL ACCOUNTS Capital paid in j 2,556 + 1 : + 181 Surplus 2,425 + 55 + 180 Other capital accounts 815 + 325 377 * 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 $ 1,913 million was outstanding at the end of the latest statement week. 2 Net of $ 4,386 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 323 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 $ 23 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 31, 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 395 0 WWiitthhiinn 1155 ddaayyss 15,726 + 5,729 170 + 15 16 days to 90 days 181 0 1166 ddaayyss ttoo 9900 ddaayyss 54,258 744 956 17 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 81,426 495 1,584 12 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,040 691 2,487 + 29 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrrr 12,852 0 974 15 OOvveerr 1100 yyeeaarrss 24,716 0 188 0 Total 574 0 TToottaall 250,978 + 1,801 6,159 0 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

11.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JULY 31, 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 11,062 747 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 544 35 18 43 31 102 50 53 37 12 35 36 91 Loans 574 3 0 8 8 66 137 25 103 155 43 4 22 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,159 417 2,427 163 385 487 206 774 163 80 171 242 644 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 122,183 8,272 48,152 3,228 7,645 9,665 4,086 15,353 3,236 1,580 3,387 4,794 12,785 Notes 97,332 6,589 38,358 2,572 6,090 7,699 3,255 12,230 2,578 1,258 2,698 3,819 10,185 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 250,978 16,991 98,910 6,632 15,704 19,852 8,394 31,537 6,647 3,245 6,956 9,847 26,262 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 250,978 16,991 98,910 6,632 15,704 19,852 8,394 31,537 6,647 3,245 6,956 9,847 26,262 Total loans and securities 257,710 17,411 101,337 6,803 16,097 20,405 8,737 32,336 6,913 3,479 7,171 10,092 26,929 Items in process of collection 6,052 379 1,096 400 183 423 617 516 251 310 334 511 1,032 Bank premises 940 89 109 44 34 122 57 111 28 32 54 112 147 Other assets3 34,074 1,488 10,020 1,506 1,860 2,153 3,117 4,206 889 901 1,241 2,389 4,305 Interdistrict settlement account 0 -2 +10,211 -1,283 -3,933 -2,012 -2,213 -2,211 -792 -977 -259 -1,963 +5,433 TOTAL ASSETS 320,401 20,859 130,104 8,151 15,609 23,103 11,148 37,717 7,961 4,100 9,281 12,155 40,215 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 $ 1,913 million was outstanding at the end of the latest statement week. 2 Net of $ 4,386 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 323 million securities loaned-fully secured by U.S. government securities. 3 Includes arsets denominated in foreign currencies, revalued monthly at market exchange r^tes. Includes special investment account at Chicago of $ 23 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 JULY 31, 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 272,962 19,038 114,826 6,393 13,996 19,947 7,555 33,650 6,766 2,789 7,892 9,268 30,841 Deposits Depository institutions 27,871 1,049 5,999 1,127 945 2,139 2,477 2,566 817 799 760 1,899 7,294 U.S. Treasury—general account 5,831 0 5,831 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 314 6 206 7 8 9 15 19 4 4 6 11 20 Other 212 1_ 137 1 1 28 1 26 0 5 3 5 2 Total deposits 34,228~ 1,056 12,173 1,135 954 2,176 2,493 2,611 821 808 769 1,916 7,316 Deferred credit items 5,046 351 577 312 167 401 500 424 160 316 328 460 1,049 Other liabilities and accrued dividends1 2,370 166 851 69 153 201 88 317 66 34 72 97 257 TOTAL LIABILITIES 314,606 j 20,611 128,428 7,909 15,269 22,726 10,636 37,001 7,813 3,947 9,062 11,741 39,463 CAPITAL ACCOUNTS Capital paid in 2,556 105 717 102 149 166 252 312 65 69 98 187 333 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 815 46 292 25 65 63 15 103 19 15 28 42 103 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 320,401 20,859 130,104 8,151 15,609 23,103 11,148 37,717 7,961 4,100 9,281 12,155 40,215 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 342,614 23,283 133,166 8,665 17,050 27,776 14,262 39,144 9,503 4,193 10,356 12,930 42,286 Less—Held by F.R. Banks 69,652 4,245 18,340 2,272 3,055 7,829 6,707 5,494 2,736 1,404 2,464 3,662 11,444 F.R. notes, net 272,962 19,038 114,826 6,393 13,996 19,947 7,555 33,650 6,766 2,789 7,892 9,268 30,841 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 251,882 Total collateral 272,962 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