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 the information is available, on (202) 452-3206. • f «^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks October 17, 1991 Millions of dollars Averac >es of daily f:i gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change frowi week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Oct 16, 1991 Oct 9, 1991 Oct 17, 1990 Oct 16, 1991 Reserve Bank credit1 2 296,052 • 895 • 11,343 301,381 U.S. government securities Bought outright—system account 256,366 - 159 • 22,142 256,894 Held under repurchase agreements 531 • 531 - 920 3,718 Federal agency obligations Bought outright 6,150 - 3 - 226 6,150 Held under repurchase agreements 99 • 99 - 266 695 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 100 • 89 • 57 216 Seasonal credit 213 - 30 - 121 214 Extended credit 8 • 3 - 7 9 Float 616 • 109 • 36 1,539 Other F.R. assets 31,968 • 255 - 9,352 31,945 Gold stock 11,062 0 0 11,061 Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,917 14 4- 661 20,917 Total factors supplying reserve funds 338,049 908 _. 13,504 343,378 Currency in circulation* 296,584 • 1,600 4 21,111 297,019 Treasury cash holdings* 610 • 2 • 84 623 Deposits, other than reserve balances, with F.R. Banks Treasury 4,486 - 775 - 1,020 5,356 Foreign 214 - 26 - 27 220 Service-related balances and adjustments3 3,341 - 110 • 1,067 3,341 Other 261 0 • 2 258 Other F.R. liabilities and capital 8,514 - 715 - 818 8,211 Total factors, other than reserve balances, absorbing reserve funds 314,009 - 23 • 20,400 315,028 Reserve balances with F.R. Banks* 24,040 • 931 - 6,896 28,350 On October 16, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 247,684 million, a change of - $ 2,461 million for the week. 1 Net of $ 6,493 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,797 million was with foreign official and international accounts. Includes securities loaned-fuily secured by U.S. government securities. 2 Net of $ 5,965 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,965 million was with foreign official and international accounts. Includes $ 75 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,203 million and adjustments of $ 138 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. 1 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 ** NNeeddnneessddaayy Nednesday Nednesday Oct 16, 1991 Oct 9, 1991 Oct 17, 1990 ASSETS Gold certificate account 11,061 0 0 Special drawing rights certificate account 10,018 0 • 1,500 Coin 589 • 3 • 42 Loans 439 + 191 • 50 Acceptances 0 0 0 Federal agency obligations Bought outright 6,150 - 3 - 226 Held under repurchase agreements1 695 • 695 - 42 U.S. government securities Bought outright—Bills 126,910 • 1,934 • 15,970 Notes 98,372 0 • 6,790 Bonds 31,613 0 + 650 Total bought outright2 256,894 • 1,934 -f 23,410 Held under repurchase agreements1 3,718 • 3,718 • 1,186 Total U.S. government securities 260,612 + 5,652 • 24,595 Total loans and securities 267,897 + 6,536 4- 24,377 Items in process of collection (789) 10,343 • 4,929 + 3,644 Bank premises 957 0 • 110 Other assets3 3311,,556666 111166 - 9,065 TOTAL ASSETS ((778899)) 333322,,443311 1111,,558844 • 20,609 LIABILITIES Federal Reserve notes 277,315 • 1,238 • 21,196 Deposits Depository institutions 32,458 + 6,055 - 1,588 U.S. Treasury—general account 5,356 * 393 - 889 Foreign—official accounts [ 220 • 28 • 19 Other 258 • 9 - 45 Total deposits 38,292 • 6,485 - 2,502 Deferred availability cash items (789) 8,614 • 4,044 • 2,718 Other liabilities and accrued dividends* || 22,,667766 __ 116611 - 1,085 TOTAL LIABILITIES ((778899)) 332266,,889977 1111,,660066 • 20,329 CAPITAL ACCOUNTS Capital paid in 2,569 0 • 167 Surplus 2,423 0 4 180 Other capital accounts 543 - 23 - 67 * 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 $ 5,965 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 75 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 $ 66 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 16, 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 Neekly Weekly Holdings Holdings changes changes Hithin 15 days 378 0 HHiitthhiinn 1155 ddaayyss 15,823 • 7,249 748 • 635 16 days to 90 days 61 0 1166 ddaayyss ttoo 9900 ddaayyss 59,923 1,442 816 18 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 85,956 405 1,463 20 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 60,692 • 28 2,580 • 95 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 14,042 • 222 1,050 0 OOvveerr 1100 yyeeaarrss 24,178 0 188 0 Total 439 0 TToottaall 260,612 + 5,652 6,845 • 692 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 16, 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 11,061 747 3,916 318 692 948 479 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 589 37 22 41 32 108 54 57 35 15 34 49 106 Loans 439 1 40 33 0 9 11 5 98 84 57 1 99 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,150 416 2,424 163 385 487 206 773 163 80 170 241 644 Held under repurchase agreements1 695 0 695 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 126,910 8,592 50,015 3,353 7,941 10,039 4,244 15,947 3,361 1,641 3,518 4,979 13,280 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 256,894 17,392 101,242 6,788 16,074 20,320 8,592 32,281 6,804 3,321 7,120 10,079 26,882 Held under repurchase agreements1 3,718 0 3,718 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 260,612 17,392 104,960 6,788 16,074 20,320 8,592 32,281 6,804 3,321 7,120 10,079 26,882 Total loans and securities 267,897 17,809 108,119 6,983 16,459 20,815 8,808 33,058 7,064 3,485 7,348 10,322 27,624 Items in process of collection 11,132 700 1,335 837 561 975 1,177 932 322 817 594 869 2,014 Bank premises 957 90 117 44 34 122 57 112 28 32 53 121 146 Other assets3 31,566 1,377 9,529 1,380 1,716 1,987 2,851 3,924 819 720 1,138 2,190 3,936 Interdistrict settlement account 0_ • 718 -7,444 +2,794 •2,387 •1,416 +2,037 •2,147 -1,172 -58 -870 -2,936 • 980 TOTAL ASSETS 333,221 22,189 118,990 12,716 22,526 27,332 15,766 42,936 7,731 5,354 9,002 11,592 37,085 1 Does not include U.S. government and federaLagency 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 $ 5,965 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 75 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 $ 66 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 16, 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 277,315 19,430 102,293 10,503 19,314 23,349 10,719 38,301 6,339 3,425 7,064 8,326 28,250 Deposits Depository institutions 32,458 1,735 7,251 1,200 2,234 2,610 3,568 2,738 918 1,020 1,082 2,009 6,093 U.S. Treasury—general account 5,356 0 5,356 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 220 6 112 7 8 9 15 19 4 4 6 11 20 Other 258 2 94 1 2 79 1 70 0 4 2 1 2 Total deposits 38,292 1,743 12,812 1,208 2,244 2,698 3,583 2,827 923 1,028 1,089 2,021 6,115 Deferred credit items 9,403 626 1,124 708 483 716 883 810 264 723 568 749 1,750 Other liabilities and accrued dividends1 2,676 168 1,135 70 154 206 89 317 65 34 72 100 265 TOTAL LIABILITIES 327,686 21,967 117,364 12,489 22,196 26,969 15,275 42,255 7,591 5,210 8,793 11,196 36,381 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 543 25 220 11 52 48 8^ 65 11 6_ 17 22^ 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 333,221 22,189 118,990 12,716 22,526 27,332 15,766 42,936 7,731 5,354 9,002 11,592 37,085 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 366,834 24,475 131,801 13,052 22,923 32,313 18,177 44,137 9,457 5,119 9,857 12,479 43,042 Less—Held by F.R. Banks 89,519 5,045 29,508 2,549 3,609 8,964 7,457 5,836 3,118 1,694 2,793 4,153 14,792 F.R. notes> net 277,315 19,430 102,293 10,503 19,314 23,349 10,719 38,301 6,339 3,425 7,064 8,326 28,250 Collateral held against F.R. notes Gold certificate account 11,061 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 256,236 Total collateral 277,315 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