H.4.1 Factors Affecting Reserve Balances of Depository Institutions

VO* 0OVfr 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 August 22, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Nednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 21, 1991 Aug 14, 1991 Aug 22, 1990 Aug 21, 1991 Reserve Bank credit1 2 292,177 - 1,263 + 10,287 295,191 U.S. government securities Bought outright—system account 251,495 - 189 + 21,356 254,317 Held under repurchase agreements 628 + 628 - 3,788 0 Federal agency obligations Bought outright 6,159 0 - 255 6,159 Held under repurchase agreements 29 + 29 - 684 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 127 + 116 - 1,021 797 Seasonal credit 337 + 15 - 101 348 Extended credit 293 + 23 + 287 226 Float 589 + 154 + 469 858 Other F.R. assets 32,521 - 2,041 - 5,974 32,487 Gold stock 11,062 0 - 2 11,062 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,813 + 10 + 663 20,813 Total factors supplying reserve funds 334,070 ~ 1,253 _ 12,448 337,084 Currency in circulation* 294,004 - 245 + 23,169 293,864 Treasury cash holdings* 612 + 1 + 67 608 Deposits, other than reserve balances, with F.R. Banks Treasury 5,138 - 890 - 363 5,164 Foreign 265 + 47 - 90 266 Service-related balances and adjustments3 3,280 - 25 + 1,148 3,280 Other 212 + 26 - 54 199 Other F.R. liabilities and capital 8,100 - 130 - 890 7,900 Total factors, other than reserve balances, absorbing reserve funds 311,609 - 1,216 + 22,985 311,281 Reserve balances with F.R. Banks* 22,461 - 38 - 10,537 25,803 On August 21. 1991, marketable U.S. government securities held \n custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,144 million, a change of + $ 1,252 million for the week. 1 Net of S 5,325 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,325 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 2.999 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2.999 million was with foreign official and international accounts. Includes $ 57 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,181 million and adjustments of S 99 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 s ince ** NNeeddnneessddaayy Nednesday Wednesday Aug 21, 1991 Aug 14, 1991 Aug 22, 1990 L ASSETS Gold certificate account 11,062 0 - 2 Special drawing rights certificate account 10,018 0 + 1,500 Coin 565 + 10 + 62 Loans 1,371 + 800 - 6,340 Acceptances 0 0 0 Federal agency obligations Bought outright 6,159 0 - 255 Held under repurchase agreements1 0 0 - 186 U.S. government securities Bought outright--Bills 125,182 + 4,587 + 17,635 Notes 97,522 - 50 + 5,940 Bonds 31,613 + 150 + 650 Total bouaht outriqht2 254,317 + 4,687 + 24,225 Held under repurchase agreements1 00 0 - 693 Total U.S. aovernment securities 225544,,331177 + 4,687 + 23,532 Total loans and securities 261,846 + 5,487 + 16,751 Items in process of collection (459) 5,381 + 423 - 317 Bank premises 946 + 5 + 114 Other assets3 3311,,554433 22,,115566 - 6,057 TOTAL ASSETS ((445599)) 332211,,336611 ++ 33,,776699 + 12,050 LIABILITIES Federal Reserve notes 274,224 - 445 + 22,641 Deposits Depository institutions 28,911 + 4,039 - 9,188 U.S. Treasury—general account 5,164 + 200 - 274 Foreian--official accounts 266 - 16 + 49 Other ((44)) 119999 ++ 99 - 34 Total deposits ((44)) 3344,,554400 ++ 44,,223333 - 9,448 Deferred availability cash items (455) 4,698 + 152 - 387 Other liabilities and accrued dividends* 22,,440066 - 147 - 1,039 TOTAL LIABILITIES ((445599)) 331155,,886677 + 3,794 + 11,767 CAPITAL ACCOUNTS Capital paid in j 2,567 + 4 + 181 Surplus 1 2,423 0 + 180 Other capital accounts 504 - 30 - 78 * 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 $ 3,379 million was outstanding at the end of the latest statement week. 2 Net of $ 2.999 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 57 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 $ 58 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 21, 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. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 1,312 0 WWiitthhiinn 1155 ddaayyss 15,611 ++ 11,,229922 551100 + 280 16 days to 90 days 59 0 1166 ddaayyss ttoo 9900 ddaayyss 54,934 ++ 22,,669988 660033 280 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 84,926 ++ 11,,667788 11,,331199 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 60,848 11,,443311 22,,551100 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,820 ++ 998888 11,,002299 0 OOvveerr 1100 yyeeaarrss 24,178 553388 118888 0 Total 1,371 0 TToottaall 254,317 ++ 44,,668877 66,,115599 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 AUGUST 21, 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 565 35 22 41 32 107 52 54 37 11 37 45 92 Loans 1,371 2 755 2 8 2 236 19 120 140 35 5 47 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 agreements* 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright-~Bills 125,182 8,475 49,334 3,308 7,833 9,902 4,187 15,730 3,315 1,618 3,470 4,912 13,099 Notes 97,522 6,602 38,433 2,577 6,102 7,714 3,262 12,254 2,583 1,261 2,703 3,826 10,205 Bonds 31,613 2,140 12,459 835 1,978 2,501 1,057 3,972 837 409 876 11,,224400 3,308 Total bought outright2 254,317 17,217 100,226 6,720 15,913 20,117 8,505 31,957 6,735 3,288 7,049 99,,997788 26,612 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 254,317 17,217 100,226 6,720 15,913 20,117 8,505 31,957 6,735 3,288 7,049 9,978 26,612 Total loans and securities 261,846 17,636 103,409 6,884 16,306 20,606 8,948 32,749 7,018 3,508 7,255 10,225 27,304 Items in process of collection 5,840 500 755 328 248 443 610 510 166 320 376 571 1,014 Bank premises 946 89 110 44 34 123 hi 112 28 32 54 117 146 Other assets3 31,543 1,353 9,237 1,406 1,713 1,978 2,936 3,918 820 838 1,155 2,236 3,951 Interdistrict settlement account 0 +1,846 ++55,,006611 --555555 --881166 --22,,660077 --33,,002211 -1,815 -947 -914 -261 --22,,110088 +6,136 TOTAL ASSETS 321,821 22,917 112255,,990066 88,,778866"" 1188,,885544 2222,,555588 1100,,336644 38,234 7,758 4,138 9,319 1122,,006644 40,922 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 $ 3,379 million was outstanding at the end of the latest statement week. 2 Net of $ 2,999 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 57 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 $ 58 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 21, 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 274,224 20,493 111,758 7,155 17,279 19,072 6,434 33,794 6,607 2,650 7,841 8,865 32,276 Deposits Depository institutions 28,911 1,582 5,655 1,068 924 2,472 2,769 2,975 791 977 840 2,177 6,680 U.S. Treasury—general account 5,164 0 5,164 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 266 6 157 7 8 9 15 19 4 4 6 11 20 Other 203 1 78 1 2 46 7 60 0 4 3 1 1 Total deposits 34,544" 1,590" 11,054 1,076 934 2,526" 2,792" 3,053 795" 986" 849 2,189 6,700 Deferred credit items 5,153 440 653 258 162 392 532 395 150 324 348 519 980 Other liabilities and accrued dividends1 2,406 170 843 71 157 209 90 323 67 35 74 102 265 TOTAL LIABILITIES 316^326 22,693 124,308 8,560 18,532~ 22~,199~ 9,848 37,565 7,619 3,995 9,112 11,675 40,221 CAPITAL ACCOUNTS Capital paid in 2,567 96 734 102 150 167 252 313 65 69 98 188 334 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 504 31 197 9^ 47 44 18 57 11 5_ 16 17 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 321,821 22,917 125,906 8,786 18,854 22,558 10,364 38,234 7,758 4,138 9,319 12,064 40,922 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 349,245 24,883 133,282 9,417 20,460 27,411 13,411 39,412 9,594 4,130 10,241 12,688 44,316 Less—Held by F.R. Banks 75,021 4,391 21,524 2,261 3,181 88,,334400 66,,997777 55,,661188 22,,998877 11,,448800 22,,440000 33,,882233 12,040 F.R. notes, net 274,224 20,493 111,758 7,155" 17,279 1199,,007722"" 66,,443344"" 3333,,779944 66,,660077~~ 22,,665500 77,,884411"" 88,,886655 32,276 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 253,143 Total collateral 274,224 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