H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•OcC0 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 ^EDERAI.RESERV£BAJfe Factors Affecting Reserve Balances of Depository Institutions and OFVIiiT*-!>.EL?HIA Condition Statement of F.R. Banks October 10, 1991 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Oct 9, 1991 Oct 2, 1991 Oct L0, 1990 Oct 9, 1991 Reserve Bank credit1 2 295,158 - 977 4 8,707 294,075 U.S. government securities Bought outright--systejn account 256,525 - 1,490 4 21,635 254,960 Held under repurchase agreements 0 0 - 2,289 0 Federal agency obligations Bought outright 6,154 0 - 223 6,154 Held under repurchase agreements 0 0 - 549 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11 - 41 - 31 17 Seasonal credit 243 - 48 - 114 223 Extended credit 5 4 4 - 5 8 Float 507 4 130 - 145 850 Other F.R. assets 51,714 + 468 - 9,571 31,864 Gold stock 11,062 0 0 11,062 Special drawing rights certificate account 10,018 0 4 1,500 10,018 Treasury currency outstanding 20,903 4 14 4 663 20,903 Total factors supplying reserve funds 337,141 - 963 10,870 33£7058 Currency in circulation* 294,984 4 1,402 4 20,380 295,786 Treasury cash holdings* 607 0 4 81 607 Deposits, other than reserve balances, with F.R. Banks Treasury 5,260 - 3,138 4 800 4,963 Foreign 240 - 15 - 16 1 192 Service-related balances and adjustments3 3,451 4 67 4 1,578 1 3,451 Other 261 - 16 4 21 249 Other F.R. liabilities and capital 9,229 4 303 - 323 8,594 Total factors, other than reserve balances, absorbing reserve funds 314,032 - 1,396 4 22,520 313,642 Reserve balances with F.R. Banks* 23,109 I 4 433 - 11,650 22,416 On October 9, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250145 million, a change of + $ 446 million for the week. 1 Net of $ 6.334 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,055 million was with foreign official and international accounts. Includes securities ioaned-fully secured by U.S. government securities. 2 Net of $ 7,899 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5.949 million was with foreign official and international accounts. Includes $ 212 million securities Ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,205 million and adjustments of $ 246 million to compensate for float. 4 Exciudes 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 Wednesday Wednesday Wednesday Oct 9, 1991 Oct 2, 1991 Oct 10, 1990 ASSETS Gold certificate account 11,062 0 0 Special drawing rights certificate account 10,018 0 + 1,500 Coin 587 5 + 39 Loins 247 48 159 Acceptances 0 0 0 Federal agency obligations Bought outright 6,154 0 223 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 124,975 2,429 10,796 Notes 98,372 0 6,790 Bonds 31,613 0 650 Total bought outright2 254,960 2,429 18,236 Held under repurchase agreements1 0 0 0 Total U.S. government securities 254,960 2,429 18,236 Total loans and securities 261,361 2,476 17,854 Items in process of collection (398) 5,414 762 4,967 Bank premises 957 3 111 Other assets3 31,450 237 9,183 TOTAL ASSETS (398) 320,848 2,994 5,354 LIABILITIES Federal Reserve notes 276,077 1,633 19,596 Deposits Depository institutions 26,403 124 10,323 U.S. Treasury—general account 4,963 2,933 565 Foreign—official accounts 192 25 77 Other 249 32 0 Total deposits 31 ,80b 3,113 9,835 Deferred availability cash items (398) 4 ,570 759 3,628 Other liabilities and accrued dividends* 2 ,837 23 1,101 TOTAL LIABILITIES (398) 315,291 2,262 5,033 CAPITAL ACCOUNTS Capital paid in 2,569 1 169 Surplus 2,423 0 180 Other capital accounts 565 732 29 * 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 $ 7,899 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 212 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 $ 70 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 9, 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 Hithin 15 days 95 0 HHiitthhiinn 1155 ddaayyss 88,,557733 ++ 7744 114 + 10 16 days to 90 days 152 0 1166 ddaayyss ttoo 9900 ddaayyss 6611,,336655 22,,337766 834 + 165 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8866,,336600 112277 1,484 175 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6600,,666644 00 2,485 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,882200 00 1,050 0 OOvveerr 1100 yyeeaarrss 2244,,117788 00 188 0 Total 247 0 TToottaall 225544,,996600 22,,442299 6,154 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 OCTOBER 9, 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 587 38 22 41 33 107 55 56 36 13 34 50 102 Loans 247 0 10 1 0 8 10 8 82 86 38 2 3 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 124,975 8,461 49,253 3,302 7,820 9,886 4,180 15,704 3,310 1,616 3,464 4,903 13,077 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 254,960" 17,261 100,480 6,737 15,953 20,167 8,527 32,038 6,752 3,296 7,067 10,004 26,679 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 254,960 17,261 100,430 6,737 15,953" 20,167" 8,527 32,038 66,,775522 33,,229966 77,,006677 1100,,000044 26,679 Total loans and securities 261,361 17,677 i02,915 6,900 16,338 20,662 8,742 32,818 66,,999988 33,,446611 77,,227755 1100,,224477 27,326 Items in process of collection 5,812 329 684 443 167 422 559 480 165 355 340 520 1,347 Bank premises 957 89 117 44 34 122 57 112 28 32 53 120 146 Other assets3 31,450 1,379 9,291 1,383 1,725 1,995 2,859 3,926 820 822 1,141 2,193 3,916 Interdistrict settlement account 0 + 223 -3,046 ++22,,663366 ++11,,224444 ++11,,557777 ++11,,447733 ++22,,336699 --11,,110000 --11,,550033 --11,,000099 --33,,334477 +483 TOTAL ASSETS 321,246 21,193" 117,294 1122,,008855 2200,,887788 2266,,779955 1144,,552299 4422,,446677 77,,558811 33,,552233 88,,554400 1100,,776611 35,600 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 $ 7,899 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 212 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 $ 70 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 OCTOBER 9, 1991 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve note* j 276,077 19,319 102,799 10,448 19,347 23,654 10,294 38,147 6,328 2,388 7,143 8,165 28,044 Deposits Depository institutions 26,403 1,155 5,853 1,089 881 2,086 3,104 2,823 888 601 778 1,629 5,516 U.S. Treasury-general account 4,963 0 4,9b3 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 192 6 83 7 8 9 15 19 4 4 6 11 20 Other 249 2 86 1 1 79 1 73 0 4 1 1 1 Total deposits 31,806 1,163 10,985 1,097 890 2,173 3,120 2,915 892 609 785 1,641 5,537 Deferred credit items 4,968 313 621 239 151 388 531 396 153 347 328 456 1,046 Other liabilities and accrued dividends1 2,837 175 11,,224477 7744 115599 221144 9933 332277 6688 3355 7755 104 268 TOTAL LIABILITIES 315,689 20,970 111155,,665522 1111,,885588 2200,,554477 2266,,443300 1144,,003388 4411,,778844 77,,444400 33,,337799 88,,333311 10,365 34,895 CAPITAL ACCOUNTS Capital paid in 2,569 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 565 27 236 11 53 50 8 66 12 6 17 22 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 321,246 21,193 117,294 12,085 20,878 26,795 14,529 42,467 7,581 3,523 8,540 10,761 35,600 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 366,079 24,447 131,769 13,093 22,866 32,393 17,981 44,313 9,497 4,114 9,887 12,426 43,295 Less--Held by F.R. Banks 90,002 5,127 2288,,997700 22,,664455 33,,551188 88,,773399 77,,668877 66,,116655 33,,116699 11,,772266 22,,774433 44,,226611 15^251 F.R. notes, net 276,077 19,319 110022,,779999 1100,,444488 1199,,334477~~ 2233,,665544 1100,,229944 3388,,114477 66,,332288 22,,338888 77,,114433 88,,116655 28,044 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 254,997 Total collateral 276,077 — 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