H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•'ovcov. 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. *4l R& H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks August 30, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change froiri week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 28, 1991 Aug 21, 1991 Aug 29, 1990 Aug 28, 1991 Reserve Bank credit1 2 291,827 . : - 376 + 11,488 291,126 U.S. government securities Bought outright—system account 252,922 * 1,427 + 22,682 253,044 Held under repurchase agreements 577 - 51 - 2,129 0 Federal agency obligations Bought outright 6,159 0 - 239 6,159 Held under repurchase agreements 28 - 1 - 866 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 53 - 73 - 1 71 Seasonal credit 337 0 - 109 328 Extended credit 369 • 77 + 360 329 Float 314 - 269 - 531 256 Other F.R. assets 31,066 - 1,487 - 7,679 30,940 Gold stock 11,062 0 - 2 11,062 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,823 + 10 + 663 20,823 Total factors supplying reserve funds 333,730 ~ 366 _ 13,649 333,029 Currency in circulation* 293,428 - 576 + 22,674 293,896 Treasury cash holdings* 608 - 4 + 72 605 Deposits, other than reserve balances, with F.R. Banks Treasury 5,196 + 58 - 23 4,758 Foreign 245 - 19 + 7 302 Service-related balances and adjustments3 3,298 18 + 1,343 3,298 •*• Other 221 + 10 - 56 233 Other F.R. liabilities and capital 8,154 + 54 - 873 8,006 Total factors, other than reserve balances, absorbing reserve funds 311,150 - 459 + 23,143 ! 311,098 Reserve balances with F.R. Banks4 22,580 + 93 - 9,494 | 21,931 On August 28,1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 251,663 million, a change of + $ 1,519 million for the week. 1 Het of $ 4,548 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,548 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 4,678 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,678 million was with foreign official and international accounts. Includes $ 31 million securities loaned-ftilly secured U.S. government securities. 3 Consists of required clearing balances of $ 3,169 million and adjustments of $ 129 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 WWeeddnneessddaayy Wednesday Wednesday ** Aug 28, 1991 Aug 21, 1991 Aug 29, 1990 ASSETS Gold certificate account 11,062 0 - 3 Special drawing rights certificate account 10,018 0 + 1,500 Coin 559 - 5 + 64 Loans 727 - 643 + 196 Acceptances 0 0 0 Federal agency obligations Bought outright 6,159 0 - 218 Held under repurchase agreements1 0 0 - 823 U.S. government securities Bought outright—Bills 123,909 - 1,273 + 16,139 Notes 97,522 0 • 5,940 Bonds 31,613 0 + 650 Total bought outright2 253,044 - 1,273 + 22,729 Held under repurchase agreements1 0 0 - 3,206 Total U.S. government securities 253,044 - 1,273 + 19,523 Total loans and securities 259,930 - 1,917 + 18,678 Items in process of collection (434) 4,723 - 657 - 1,172 Bank premises 950 •f 4 + 119 Other assets3 30,012 1,530 - 7,956 •- TOTAL ASSETS (434) 317,255 - 4,106 + 11,230 LIABILITIES Federal Reserve notes 274,237 + 14 + 21,689 Deposits Depository institutions 25,394 -- 3,517 - 7,940 U.S. Treasury—general account 4,758 -- 406 - 1,372 Foreign—official accounts 302 • 36 • 56 Other 233 • 34 - 43 Total deposits 30,686 - 3,854 - 9,299 Deferred availability cash items (434) 4,325 - 373 - 407 Other liabilities and accrued dividends4 2,468 • 62 - 1,091 TOTAL LIABILITIES (434) 311,716 - 4,151 + 10,892 CAPITAL ACCOUNTS Capital paid in 2,569 + 1 + 173 Surplus 2,423 0 ! + 180 Other capital accounts 547 + 43 - 15 * 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 $ 1,898 million was outstanding at the end of the latest statement week. 2 Net of $ 4,678 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 31 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 $ 68 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 28, 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 645 0 WWiitthhiinn 1155 ddaayyss 1133,,223300 2,381 328 182 16 days to 90 days 82 0 1166 ddaayyss ttoo 9900 ddaayyss 5599,,112211 + 4,187 660 + 57 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8811,,884466 3,079 1,401 + 82 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6600,,884488 0 2,553 + 43 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,882200 0 1,029 0 OOvveerr 1100 yyeeaarrss 2244,,117788 0 188 0 Total 727 0 TToottaall 225533,,004444 1,273 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

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON AUGUST 28, 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 559 35 21 42 31 106 51 53 36 11 36 45 93 Loans 727 0 0 1 3 2 403 17 123 124 33 4 17 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 123,909 8,389 48,832 3,274 7,753 9,801 4,144 15,570 3,282 1,602 3,434 4,862 12,966 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 1,240 3,308 Total bought outright2 253,044 17,131 99,724 6,686 15,833 20,016 8,463 31,797 6,702 3,271 7,014 9,928 26,479 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 253,044 17,131 99,724 6,686 15,833 20,016 8,463 31,797 6,702 3,271 7,014 9,928 26,479 Total loans and securities 259,930 17,548 102,152 6,850 16,221 20,505 9,072 32,587 6,988 3,475 7,217 10,174 27,140 Items in process of collection 5,157 310 628 318 154 418 550 530 158 299 349 481 962 Bank premises 950 89 114 44 34 123 57 112 28 32 53 117 146 Other assets3 30,012 1,297 8,803 1,333 1,637 1,891 2,767 3,753 782 794 1,095 2,110 3,750 Interdistrict settlement account 0 +1,306 +4,302 +4 +864 -1,011 -2,718 -2,583 -846 -1,143 -472 -2,778 +5,074 TOTAL ASSETS 317,689 22,044 123,332 9,228 20,278 23,940 10,561 37,158 7,782 3,811 8,983 11,126 39,443 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 $ 1,898 million was outstanding at the end of the latest statement week. 2 Net of $ 4,678 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 31 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 $ 68 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 28, 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 274,237 20,149 110,209 7,410 18,394 20,806 6,546 33,377 6,563 2,609 7,702 8,602 31,871 Deposits Depository institutions 25,394 1,209 4,926 1,274 1,259 2,103 2,914 2,258 852 710 679 1,566 5,643 U.S. Treasury—general account 4,758 0 4,758 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 302 6 193 7 8 9 15 19 4 4 6 11 20 Other 233 1 105 1 3 41 3 71 1 4 2 1 1 Total deposits 30,686 1,217 9,983 1,282 1,269 2,154 2,932 2,347 856 718 687 1,578 5,663 Deferred credit items 4,758 293 609 238 138 403 473 440 157 306 314 454 935 Other liabilities and accrued dividends1 2,468 168 912 70 154 213 91 322 67 34 74 101 263 TOTAL LIABILITIES 312,150 21,826 121,713 9,000 19,955 23,576 10,042 36,486 7,642 3,667 8,776 10,735 38,732 CAPITAL ACCOUNTS Capital paid in 2,569 96 734 102 150 167 252 313 65 69 98 188 335 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 547 2b_ 219 11_ 47 49 22 60 11 6_ 16 L9. 61 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 317,689 22,044 123,332 9,228 20,278 23,940 10,561 37,158 7,782 3,811 8,983 11,126 39,443 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 351,976 24,776 133,181 9,766 21,589 29,262 13,629 39,161 9,536 4,069 10,155 12,592 44,261 Less—Held by F.R. Banks 77,738 4,626 22,972 2,356 3,195 8,455 7,083 5,784 2,974 1,460 2,453 3,990 12,390 F.R. notes, net 274,237 20,149 110,209 7,410 18,394 20,806 6,546 33,377 6,563 2,609 7,702 8,602 31,871 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 253,157 Total collateral 274,237 1 Includes exchange iransiation 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