H.4.1 Factors Affecting Reserve Balances of Depository Institutions

O^ GOw •VP. FEDERAL RESERVE •^•te^ •"••'" Wy^' 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 September 19, 1991 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt NNeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss SSeepp 1188,, 11999911 Sep 11, 1991 Sep 19, 1990 Sep 18, 1991 Reserve Bank credit1 2 299,898 + 3,040 + 12,808 311,787 U.S. government securities Bought outright—system account 257,119 + 1,430 + 23,432 256,149 Held under repurchase agreements 3,561 + 1,608 + 134 15,116 Federal agency obligations Bought outright 6,154 3 223 6,154 Held under repurchase agreements 216 211 1,178 816 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 42 42 510 177 Seasonal credit 270 + 2 152 292 Extended credit 550 + 110 + 546 548 Float 628 121 + 235 1,044 Other F.R. assets 31,358 + 268 9,475 31,491 Gold stock 11,062 0 2 11,062 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,861 + 14 + 664 20>861 Total factors supplying reserve funds 341,839 + 3,054 + 14,970 353,728 Currency in circulation* 294,980 877 + 22,042 294,512 Treasury cash holdings* 611 + 5 + 92 607 Deposits, other than reserve balances, with F.R. Banks Treasury 8,321 + 2,512 + 750 12,774 Foreign 268 + 24 + 21 229 Service-related balances and adjustments3 3,256 33 + 1,345 3,256 Other 249 + 19 38 259 Other F.R. liabilities and capital 8,637 44 957 8,379 Total factors, other than reserve balances, absorbing reserve funds 316,322 + 1,605 + 23,255 320,016 Reserve balances with F.R. Banks4 25,518 + 1,449 8,285 33,712 On September 18, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 251,649 million, a change of - $ 193 million for the week. 1 Net of $ 5,228 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,228 million was with foreign official and international accounts. Includes securities loaned-fiilly secured by U.S. government securities. 2 Net of $ 6.685 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,685 million was with foreign official and international accounts. Includes S 124 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,192 million and adjustments of $ 64 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 * HHeeddnneessddaayy Wednesday Wednesday Sep 18, 1991 Sep 11, 1991 Sep 19, 1990 ASSETS Gold certificate account 11,062 0 - 3 Special drawing rights certificate account 10,018 0 + 1,500 Coin 564 + 12 + 56 Loans 1,017 + 234 - 3,010 Acceptances 0 0 0 Federal agency obligations Bouaht outright 6,154 0 - 223 Held under repurchase agreements1 816 + 574 - 885 U.S. Government securities Bouaht outright—Bills 126,189 + 618 + 14,704 Notes 98,347 + 650 + 6,765 Bonds 31,613 0 + 650 Total bouaht outright*- 256,149 + 1,268 + 22,119 Held under repurchase agreements1 15,116 + 14,103 + 10,611 Total U.S. government securities 271,265 + 15,371 + 32,730 Total loans and securities 279,252 + 16,179 + 28,612 Items in process of collection (491) 6,225 + 1,047 + 207 Bank premises 954 + 4 + 114 Other assets3 3311,,007799 •§- 358 9,665 TOTAL ASSETS ((449911)) 333399,,115555 + 17,600 ++ 20,822 LIABILITIES Federal Reserve notes 274,823 - 992 • 21,479 Deposits Depository institutions 37,766 + 10,663 + 4,659 U.S. Treasury--general account 12,774 + 7,718 - 3,985 Foreign—official accounts 229 - 2 + 49 Other 259 ++ 3355 - 49 Total deposits 51,029 ++ 1188,,441144 + 675 Deferred availability cash items (491) 4,924 4 238 - 470 Other liabilities and accrued dividends* 22,,776644 112222 - 1,279 TOTAL LIABILITIES ((449911)) 333333,,553399 ++ 1177,,553388 + 20,405 CAPITAL ACCOUNTS Capital paid in 2,580 + 6 •f 185 Surplus 2,423 0 + 180 Other capital accounts 612 + 55 + 52 * 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 $ 6,685 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 124 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 S 76 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, SEPTEMBER 18, 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 975 0 WWiitthhiinn 1155 ddaayyss 24,699 ++ 1155,,993322 11,,005577 + 996 16 days to 90 days 42 0 1166 ddaayyss ttoo 9900 ddaayyss 59,797 11,,221144 772277 180 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 87,537 ++ 220022 11,,447788 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 61,234 ++ 445500 22,,446688 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,820 00 11,,005522 0 OOvveerr 1100 yyeeaarrss 24,178 00 118888 0 Total 1,017 0 TToottaall 271,265 ++ 1155,,337711 66,,997700 + 816 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 SEPTEMBER 18, 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 564 36 16 40 31 106 53 53 36 12 35 50 96 Loans 1,017 1 147 1 0 0 560 19 113 100 53 4 19 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,154 417 2,425 163 385 487 206 773 163 80 171 241 644 Held under repurchase agreements1 816 0 816 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 126,189 8,543 49,731 3,334 7,896 9,982 4,220 15,857 3,342 1,631 3,498 4,951 13,205 Notes 98,347 6,658 38,758 2,599 6,154 7,779 3,289 12,358 2,605 1,271 2,726 3,859 10,291 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 256,149 17,341 100,948 6,768 16,027 20,261 8,567 32,187 6,784 3,312 7,100 10,050 26,804 Held under repurchase agreements1 15,116 0 15,116 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 271,265 17,341 116,064 6,768 16,027 20,261 8,567 32,187 6,784 3,312 7,100 10,050 26,804 Total loans and securities 279,252 17,759 119,453 6,932 16,412 20,748 9,333 32,979 7,060 3,491 7,323 10,296 27,466 Items in process of collection 6,716 456 763 561 522 442 667 556 224 351 365 516 1,292 Bank premises 954 89 114 44 34 122 57 112 28 32 54 120 147 Other assets3 31,079 1,324 9,640 1,339 1,661 1,919 2,767 3,795 798 807 1,102 2,135 3,793 Interdistrict settlement account 0 +1,167 -7,037 +3,107 ++22,,226666 ++22,,771199 --33,,008899 ++11,,221188 --990022 --994444 --339977 --22,,664499 +4,590 TOTAL ASSETS 339,646 22,289 130,211 12,661 2222,,226633 2277,,996655"" 1100,,556699"" 4411,,441199 77,,888800 44,,009933 99,,118855 1111,,444466 39,663 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 S 0 million was outstanding at the end of the latest statement week. 2 Net of $ 6,685 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 124 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 $ 76 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 SEPTEMBER 18, 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 274,823 19,844 106,388 10,361 19,311 23,836 5,513 36,075 6,358 2,499 7,466 8,239 28,932 Deposits Depository institutions 37,766 1,720 7,364 1,692 2,243 3,054 3,893 3,747 1,132 1,018 1,081 2,197 8,625 U.S. Treasury—general account 12,774 0 12,774 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 229 6 121 7 8 9 15 19 4 4 6 11 20 Other 259 11 110055 1 2 60 1 78 0 4 2 4 2 Total deposits [" 51,029*" 11,,772277 2200,,336644"" 1,700 2,252 3,123" 3,909 3,844 1,136 1,027 1,088 2,212 8,646 Deferred credit items 5,415 321 651 297 210 426 527 486 176 385 345 492 1,100 Other liabilities and accrued dividends1 2,764 174 1,159 7733 116611 221133 9933 333322 6699 3377 7755 110044 273 TOTAL LIABILITIES 334,031 " 22,06 7~ 128,562" 1122,,443311 2211,,993344 2277,,559988 1100,,004422 4400,,773377 77,,773399 33,,994488 88,,997755 1111,,004477 38,952 CAPITAL ACCOUNTS Capital paid in 2,580 99 739 102 152 167 253 314 65 69 99 190 332 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 612 26 243 13 52 52 28 68 13^ 1_ 19_ 25^ 65 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 339,646 22,289 130,211 12,661 22,263 27,965 10,569 41,419 7,880 4,093 9,185 11,446 39,663 FEDERAL RESERVE AGENTS' ACCOUNTS F.R, notes outstanding 361,158 24,786 133,224 13,031 22,682 32,405 13,289 42,247 9,559 4,117 10,040 12,318 43,460 Less—Held by F.R. Banks 86,336 4,942 26,836 2,670 3,372 8,569 7,776 6,172 3,201 1,617 2,574 4,079 14,528 F.R. notes, net 274,823 19,844 106,388 10~,361 19,311 23,836 5,513 36,075 6,358 2,499 7,466 8,239 28,932 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 253,743 Total collateral 274,823 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