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*?n*£: 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 October 3, 1991 Millions of dollars Averac es o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Meek ended i Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 2, 1991 Sep 25, 1991 ! Oct 3, 1990 Oct 2, 1991 Reserve Bank credit1 2 296,150 • 102 j • 10,860 296,002 U.S. government securities Bought outright—system account 258,015 • 1,203 1 + 23,884 257,389 Held under repurchase agreements 0 - 873 - 1,341 0 Federal agency obligations Bought outright 6,154 0 - 223 ! 6,154 Held under repurchase agreements 0 - 95 - 456 | 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 52 4 13 - 43 28 Seasonal credit 291 - 11 „ 117 265 Extended credit 1 - 80 - 7 2 Float 396 - 183 - 898 588 Other F.R. assets 31,242 • 129 ~ 9,940 31,577 Gold stock 11,062 0 - 1 11,062~ Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,889 • 14 + 666 20,889 Total factors supplying reserve funds 338,119 _ 116 • 13,026 337,971 - Currency in circulation* 293,582 113 • 21,237 294,144 Treasury cash holdings* 607 0 • 81 607 Deposits? other than reserve balances, with F.R. Banks Treasury 8,398 - 1,510 • 697 7,896 Foreign 255 • 38 ~ 42 | 217 Service-related balances and adjustments3 3,384 + 4 • 1,442 3,383 Other 277 • 31 " 54 280 Other F.R. liabilities and capital 8,926 • 392 - 670 9,148 Total factors, other than reserve balances, absorbing reserve funds 315,429 - 1,158 1 * 22,691 315,676 1 Reserve balances with F.R. Banks4 22,691 • 1,274 9,665 22,295 On October 2, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 249,699 million, a change of - $ 2,295 million for the week. 1 Net of $ 4,844 miUion, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,844 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5.471 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,471 million was with foreign official and international accounts. Includes $ 45 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,183 million and adjustments of $ 201 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 | Wednesday OOcctt 22,, 11999911 Sep 25, 1991 Oct 3, 1990 ASSETS Gold certificate account 11,062 0 0 Special drawing rights certificate account 10,018 0 • 1,500 Coin 582 • 8 + 47 Loans 295 | 60 304 Acceptances o 0 0 Federal agency obligations Bought outright 6,154 o 223 Held under repurchase agreements1 0 0 1,454 U.S. government securities Bought outright—Bills 112277,,440044 ••• 111,,,000222777 • 16,036 Notes 9988,,337722 000 • 6,790 Bonds 3311,,661133 000 • 650 Total bought outright2 225577,,338899 ••• 111,,,000222777 + 23,476 Held under repurchase agreements1 00 000 4,594 Total U.S. government securities 225577,,338899 ••• 111>>>000222777 • 18,882 Total loans and securities 263,837 ••• 999666888 • 16,901 Items in process of collection ((443322)) 66,,117766 • 1,182 426 8ar?k premises 995533 1 • 109 Other assets*** 3311,,221133 + 469 9,400 TOTAL ASSETS ((443322)) 332233,,884411 + 2,627 + 8,730 LIABILITIES Federal Reserve notes 274,444 + 719 + 20,299 Deposits Depository institutions 222666,,,555222777 2,473 10,808 U.S. Treasury--general account 777,,,888999666 • 2,572 81 Foreign--official accounts 222111777 26 37 Other 222888000 4 • 18 Total deposits 333444,,,999222000 •• 6699 10,908 Deferred availability cash items (((444333222))) 555,,,333222999 •• 998811 388 Other liabilities and accrued dividends4 222,,,888666000 •• 112200 1,179 TOTAL LIABILITIES (((444333222))) 333111777,,,555555333 ++ 11,,888888 + 7,824 CAPITAL ACCOUNTS Capital paid in 2,568 * 3 • 168 Surplus 2,423 0 • 180 Other capital accounts 1,297 • 736 + 558 * 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 $ 1,223 million was outstanding at the end of the latest statement week. 2 Net of $ 5,471 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 45 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 $ 77 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, OCTOBER 2, 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 Hi thin 15 days 104 0 WWiitthhiinn 1155 ddaayyss 88,,449999 1,350 103 18C 16 days to 90 days 191 0 1166 ddaayyss ttoo 9900 ddaayyss 6633,,774411 • 1,210 669 • 4! Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8866,,448877 • 1,762 1,659 * 13! OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6600,,666644 595 2,485 i OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,882200 0 1,050 OOvveerr 1100 yyeeaarrss 2244,,117788 0 188 Total 295 0 TToottaall 225577,,338899 • 1,027 6,154 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

M.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 2, 1991 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San 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 582 39 19 41 31 108 56 56 36 12 33 50 101 Loans 295 0 0 20 2 2 9 14 101 92 45 3 5 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 127,404 8,625 50,210 3,366 7,972 10,078 4,261 16,009 3,374 1,647 3,531 4,999 13,332 Notes 98,372 6,660 38,768 2,599 6,155 7,781 3,290 12,361 2,605 1,272 2,727 3,860 10,294 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 257,389 17,425 101,437 6,801 16,105 20,359 8,608 32,343 6,817" 3,328 7,134 10,099 26,933 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 000 000 0 Total U.S. govt, securities 257,389 17,425 101,437 6,801 16,105 20,359 8,608 32,343 66,,881177 33,,332288 777,,,111333444 111000,,,000999999 26,933 Total loans and securities 263,837 17,842 103,862 6,984 16,492 20,849 8,823 33,130 77,,008800 33,,449999 777,,,333555000 111000,,,333444444 27,583 Items in process of collection 6,608 399 752 482 326 540 674 607 323 365 356 608 1,174 Bank premises 953 89 114 44 34 122 57 112 28 32 53 120 146 Other assets3 31,213 1,360 9,172 1,374 1,707 1,970 2,871 3,896 815 816 1,131 2,189 3,913 Interdistrict settlement account 0 •421 -439 •2,706 •1,012 •1,845 -511 •1,754 -1,337 -1,340 -976 -3,335 • 201 TOTAL ASSETS 324,273 21,607 120,793 12,268 20,939 27,343 12,752 42,262 7,580 3,727 8,651 10,954 35,397 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 $ 1,223 million was outstanding at the end of the latest statement week. 2 Net of $ 5,471 million matched sale purchase transactions outstanding at the end of the latest statement week. Includes $ 45 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 $ 77 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

M.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 2, 1991 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 274,444 19,211 102,952 10,371 19,172 23,714 8,844 38,003 6,270 2,372 7,175 8,062 28,298 Deposits Depository institutions 26,527 1,588 5,982 1,246 1,033 2,426 2,599 2,551 899 774 802 1,798 4,827 U.S. Treasury—general account 7,896 0 7,896 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 217 6 108 7 8 9 15 19 4 4 6 11 20 Other 280 1 95 1 1 85 1 60 0 4 4 3 4 Total deposits 34,920 1,596 14,081 1,254 1,042 2,521 2,616 2,650 904 783 812 1,812 4,850 Deferred credit items 5,761 370 674 321 195 483 632 499 177 370 350 520 1,170 Other liabilities and accrued dividends1 2,860 178 1,250 74 162 221133 9933 333322 6699 3366 7766 110055 273 TOTAL LIABILITIES 317,985 21,355 118,958 12,020 20,570 2266,,993311 1122,,118844 4411,,448844 77,,441199 33,,556611 88,,441133 1100,,449999 34,591 CAPITAL ACCOUNTS Capital paid in 2,568 99 739 101 153 168 238 316 65 69 99 190 332 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 1,297 56 429 33 90 96 85 161 32 29 47 81 159 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 324,273 21,607 120,793 12,268 20,939 27,343 12,752 42,262 7,580 3,727 8,651 10,954 35,397 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 365,871 24,403 131,947 13,144 22,838 32,527 16,760 44,478 9,535 4,131 9,927 12,431 43,749 Less—Held by F.R. Banks 91,427 5,192 28,995 2,773 3,665 8,813 7,916 6,475 33,,226666 11,,776600 22,,775522 44,,336699 15,451 F.R. notes, net 274,444~1 19,211 102,952 10,371 19,172 23,714 8,844 38,003 66,,227700 22,,337722 77,,117755 88,,006622 28,298 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 253,364 Total collateral [ 274,444 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