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 •f«£v 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 8, 1991 Millions of dollars Averac >es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 7, 1991 Jul 31, 1991 Aug 8, 1990 Aug 7, 1991 Reserve Bank credit1 2 293,804 + 2,240 • 12,225 301,747 U.S. government securities Bought outright—system account 249,765 • 447 * 17,738 249,574 Held under repurchase agreements 1,202 + 1,202 307 5,205 Federal agency obligations Bought outright 6,159 0 255 6,159 Held under repurchase agreements 19 • 19 407 74 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 673 • 640 • 640 4,443 Seasonal credit 340 - 22 83 327 Extended credit 190 '• 4 258 124 Float 216 - 409 839 377 Other F.R. assets 35,241 • 360 4,004 35,463 Gold stock 11,062 0 2 11,062 Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,802 * 10 • 673 20,802 Total factors supplying reserve funds 335,686 _. 2,250 + 14,396 343,628 Currency in circulation* 293,365 • 1,079 * 23,799 293,907 Treasury cash holdings* 614 * 8 + 65 610 Deposits, other than reserve balances, with F.R. Banks Treasury 5,808 - 663 • 45 7,435 Foreign 198 - 41 38 203 Service-related balances and adjustments3 3,318 + 53 + 1,301 3,318 Other 183 - 30 5 185 Other F.R. liabilities and capital 8,498 + 492 1,126 8,057 Total factors> other than reserve balances, absorbing reserve funds 311,985 • 898 • 24,041 313,715 Reserve balances with F.R. Banks4 23,701 + 1,352 9,644 29,913 On August 7, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 243,747 million, a change of - $ 1,412 million for the week. 1 Net of $ 5,662 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,662 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,124 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,124 million was with foreign official and international accounts. Includes $ 152 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,151 million and adjustments of $ 167 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 NNeeddnneessddaayy Wednesday Nednesday ** Aug 7, 1991 Jul 31, 1991 Aug 8, 1990 ASSETS Gold certificate account 11,062 0 - 2 Special drawing rights certificate account 10,018 0 * 1,500 Coin 544 0 • 60 Loans 4,894 + 4,320 + 3,888 Acceptances 0 0 0 Federal agency obligations Bought outright 6,159 0 - 255 Held under repurchase agreements1 74 • 74 - 862 U.S. government securities Bought outright—Bills 120,630 - 1,553 • 9,488 Notes 97,482 • 150 • 5,700 Bonds 31,463 0 • 700 Total bought outright2 249,574 - 1,403 • 15,868 Held under repurchase agreements1 5,205 • 5,205 • 3,000 Total U.S. government securities 254,779 • 3,802 • 18,688 Total loans and securities 265,906 • 8,196 + 21,659 Items in process of collection 1479) 5,596 • 48 - 657 Bank premises 940 0 • 109 Other assets3 34,641 • 567 - 3,967 TOTAL ASSETS 1479) 328,707 • 8,811 • 18,703 LIABILITIES Federal Reserve notes 274,260 • 1,298 • 23,123 Deposits Depository institutions 33,484 • 5,613 - 5,527 U.S. Treasury—general account 7,435 | • 1,604 • 2,094 Foreign—official accounts 203 - 111 - 12 Other (-2) 185 - 26 • 3 Total deposits t-2) 41,307 • 7,079 " 3,442 Deferred availability cash items (461) 5,083 • 542 - 132 Other liabilities and accrued dividends4 ii 22,,558833 221122 - 1,137 TOTAL LIABILITIES ((447799)) 332233,,223333 99,,113322 • 18,412 CAPITAL ACCOUNTS Capital paid in 2,557 + 1 • 179 Surplus 2,423 0 • 180 Other capital accounts 494 - 322 - 69 * 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 $ 6,124 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 152 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 $ 39 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, AUGUST 7, 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 Meekly Meekly Holdings Holdings changes changes Hiihin 15 days 4,671 0 HHiitthhiinn 1155 ddaayyss 17,030 • 1,304 134 36 16 days to 90 days 223 0 1166 ddaayyss ttoo 9900 ddaayyss 55,183 • 945 1,055 • 99 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 62,829 • 1,403 1,377 7 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,190 • 150 2,505 • 18 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 12,832 0 974 0 OOvveerr 1100 yyeeaarrss 24,716 0 186 0 Total 4,894 0 TToottaall 254,779 • 3,802 6,233 • 74 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 AUGUST 7, 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 544 36 19 43 32 103 50 53 37 11 36 38 88 Loans 4,894 46 3,431 0 8 2 127 476 101 147 32 2 522 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 74 0 74 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 120,630 8,167 47,540 3,187 7,548 9,542 4,034 15,158 3,195 1,560 3,344 4,733 12,623 Notes 97,482 6,599 38,417 2,576 6,099 7,711 3,260 12,249 2,582 1,260 2,702 3,825 10,201 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 249,574 16,896 98,357 6,595 15,616 19,741 8,347 31,361 6,610 3,227 6,918 9,792 26,116 Held under repurchase agreements1 5,205 0 5,205 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 254,779 16,896 103,562 6,595 15,616 19,741 8,347 31,361 6,610 3,227 6,918 9,792 26,116 Total loans and securities 265,906 17,359 109,494 6,757 16,009 20,230 8,679 32,611 6,874 3,453 7,120 10,036 27,282 Items in process of collection 6,074 390 762 432 247 454 591 538 191 340 338 587 1,206 Bank premises 940 89 109 44 34 122 57 111 28 32 54 112 147 Other assets3 34,641 1,511 10,295 1,517 1,879 2,182 3,141 4,277 902 900 1,252 2,489 4,296 Interdistrict settlement account 0 •1,760 +5,221 -774 -3,496 -1,906 -1,586 -2,105 -693 -981 • 91 -1,688 •6,157 TOTAL ASSETS 329,186 22,602 133,213 8,655 16,042 23,095 11,715 38,191 7,974 4,099 9,595 12,551 41,454 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 $ 6,124 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 152 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 $ 39 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 AUGUST 7, 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 274,260 19,993 113,526 6,768 14,150 19,631 7,326 33,786 6,740 2,801 7,953 9,179 32,408 Deposits Depository institutions 33,484 1,825 8,792 1,211 1,272 2,400 3,217 2,869 861 788 1,018 2,291 6,940 U.S. Treasury—general account 7,435 0 7,435 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 203 6 94 7 8 9 15 19 4 4 6 11 20 Other 183 1 82 1 1 48 1 41 0 5 2 1 1 Total deposits 41,305 1,832 16,403 1,219 1,280 2,457 3,233 2,929 865 797 1,025 2,303 6,961 Deferred credit items 5,564 367 711 369 171 429 546 474 160 322 333 575 1,108 Other liabilities and accrued dividends1 2,583 176 988 73 160 211 92 331 68 36 76 103 270 TOTAL LIABILITIES 323,712 22,367 131,628 8,429 15,760 22,729 11,197 37,520 7,833 3,955 9,387 12,160 40,748 CAPITAL ACCOUNTS Capital paid in 2,557 105 717 102 149 167 252 312 65 69 98 187 333 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 494 33 201 10 1_ 51 21 59 12 6^ 17^ 19^ 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 329,186 22,602 133,213 8,655 16,042 23,095 11,715 38,191 7,974 4,099 9,595 12,551 41,454 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 345,502 24,245 133,271 8,966 17,089 27,677 14,049 39,180 9,617 4,169 10,312 12,847 44,079 Less—Held by F.R. Banks 71,242 4,253 19,745 2,198 2,940 8,045 6,724 5,394 2,878 1,369 2,360 3,668 11,671 F.R. notes* net 274,260 19,993 113,526 6,768 14,150 19,631 7,326 33,786 6,740 2,801 7,953 9,179 32,408 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 253,180 Total collateral 274,260 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