H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.•sSJ§>&: 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 ^U R&\ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks October 24, 1991 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt?? aanndd rreellaatteedd iitteemmss Oct 23, 1991 Oct 16, 1991 Oct 24, 1990 Oct 23, 1991 Reserve Bank credit1 2 295,377 - 563 + 11,531 295,372 U.S. government securities Bought outright—system account 256,345 - 21 + 21,722 256,129 Held under repurchase agreements 0 _ 531 0 0 Federal agency obligations Bought outright 6,146 - 4 - 216 6,140 Held under repurchase agreements 0 - 99 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 - 76 - 3 20 Seasonal credit 207 - 5 - 111 197 Extended credit 15 + 7 - 5 18 Float 527 - 75 - 386 714 Other F.R. assets 32,112 + 243 - 9,470 32,155 Gold stock 11,061 - 1 0 11,061 Special drawing rights certificate account 10,018 0 + 1,500 10,018 Treasury currency outstanding 20,931 + 14 + 658 20,931 Total factors supplying reserve funds 337,387 - 550 _ 13,689 337,382 Currency in circulation* 296,354 - 230 + 21,516 296,013 Treasury cash holdings* 624 + 14 + 93 626 Deposits? other than reserve balances? with F.R. Banks Treasury 6,493 + 2,007 + 1,562 6,269 Foreign 196 - 18 - 59 209 Service-related balances and adjustments3 3,483 •¥ 141 + 1,537 3,483 Other 273 + 12 + 48 282 Other F.R. liabilities and capital 8,362 - 152 - 800 8,181 Total factors? other than reserve balances? absorbing reserve funds 315,784 + 1,775 + 23,898 315,063 Reserve balances with F.R. Banks4 21,603 - 2,325 - 10,209 22,319 On October 23, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 251,028 million, a change of + $ 3,344 million for the week. 1 Net of $ 5,514 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,538 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,730 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,630 million was with foreign official and international accounts. Includes $ 24 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,319 million and adjustments of $ 163 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 Oct 23, 1991 Oct 16, 1991 Oct 24, 1990 ASSETS Gold certificate account 11,061 0 0 Special drawing rights certificate account 10,018 0 + 1,500 Coin 584 - 5 + 38 Loans 234 - 205 - 130 Acceptances 0 0 0 Federal agency obligations Bought outright 6,140 - 10 - 203 Held under repurchase agreements1 0 - 695 0 U.S. government securities Bought outright—Bills 126,144 - 766 + 15,924 Notes 98,372 0 + 6,790 Bonds 31,613 0 + 650 Total bought outright2 256,129 - 766 + 23,364 Held under repurchase agreements1 00 - 3,718 0 Total U.S. government securities 225566,,112299 - 4,484 ++ 23,364 Total loans and securities 262,503 - 5,394 + 23,032 Items in process of collection (486) 5,385 - 4,958 - 27 Bank premises 961 + 4 + 112 Other assets3 3311,,777788 ++ 221122 - 9,025 TOTAL ASSETS ((448866)) 332222,,229900 1100,,114411 + 15,630 LIABILITIES Federal Reserve notes 276,291 - 1,024 + 20,697 Deposits Depository institutions 26,393 - 6,065 - 5,035 U.S. Treasury—general account 6,269 + 914 + 722 Foreign—official accounts 209 - 11 - 73 Other ((--55)) 282 ++ 2255 ++ 80 Total deposits ((--55)) 33,154 55,,113377 4,306 Deferred availability cash items (490) 4,663 - 3,951 - 25 Other liabilities and accrued dividends4 ii 22,,663377 - 39 - 1,049 TOTAL LIABILITIES ((448866)) 331166,,774466 - 10,151 + 15,317 CAPITAL ACCOUNTS Capital paid in 1 2,571 + 2 + 169 Surplus 2,423 0 + 180 Other capital accounts i 550 + 7 - 36 * 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 $ 6,730 million matched sale-purchase transactions outstanding at the end of the latest statement week, includes $ 24 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-transliation 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 23, 1991 Acceptances and securities held under repurchase agreements are classified as maturing within 15 clays 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 211 0 WWiitthhiinn 1155 ddaayyss 11,883j- 3,940 114422 606 16 days to 90 days 23 0 1166 ddaayyss ttoo 9900 ddaayyss 62,985U 3,062 775522 64 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 82,350j- 3,606 11,,442288 35 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 60,692 0 22,,663300 + 50 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 14,042! 0 11,,000000 50 OOvveerr 1100 yyeeaarrss 24,178! 0 118888 0 Total 234 0 TToottaall 256,129 4,484 66,,114400 705 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 COMOITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 23, 1991 Millions of dollars !! Kansas San Total New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas BBoossttoonn !! City Francisco II ASSETS Gold certificate account 11*061 774477 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 584 37 22 40 31 108 56 55 34 14 34 49 103 Loans 234 7 0 4 0 20 9 4 68 80 33 1 8 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,140 416 2,420 162 384 486 205 772 163 79 170 241 643 Held under repurchase agreements1 | 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 1 126,144 8,540 49,713 3,333 7,893 9,978 4,219 15,851 3,341 1,631 3,496 4,949 13,200 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 II 3311,,661133 22,,114400 1122,,445599 835 1,978 2,501 1,057 3,972 837 409 876 1,240 3,308 Total bought outright2 || ~~ 22556677112299''^^ 117777114400''"" """"116666,,994400'' 6?768 16,026 20,260 8,566 32,184 6,783 3,311 7,099 10,049 26,801 Held under repurchase agreements1 !! 00 00 00 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities PP"" 225566,,""ii22TT"" ^^""''ll77%%3344CCff~~"" ""''110000,,99**4400"" 6,768 16,026 20,260 8,566 32,184 6,783 3,311 7,099 10,049 26,801 Total loans and securities 262,503 17,763 103,360 6,934 16,410 20,766 8,780 32,960 7,014 3,471 7,303 10,291 27,452 Items in process of collection 1 5,871 321 711 397 261 404 609 614 227 368 336 574 1,050 Bank premises 1 961 89 117 44 34 122 57 112 28 32 53 125 146 Other assets3 1 31,778 1>392 9,400 1.389 1,829 2,015 2,866 3,949 827 823 1,148 2,200 3,941 Interdistrict settlement account 1 o + 286 --33,,449988 *2,776 +1,343 +1,129 +1,158 +1,332 -1,317 +634 -1,258 -3,512 + 927 TOTAL ASSETS [ 322,776 21,346 ''""111177,,442244"" 12,217 21,244 26,453 14,308 41,727 7,448 5,685 8,320 10,705 35,898 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 $ 6,730 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 24 million securities loaned-fuliy 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 23, 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 276,291 19,345 102,074 10,504 19,460 23,144 10,371 38,001 6,052 4,620 6,925 8,075 27,722 Deposits Depository institutions 26,393 1,302 5,416 1,054 1,150 2,298 2,826 2,209 1,029 518 789 1,605 6,197 U.S. Treasury—general account 6,269 0 6,269 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 209 6 101 7 8 9 15 19 4 4 6 11 20 Other 277 2 147 1 -1 53 1 67 0 4 1 1 2 Total deposits 33,150 " 1,309 11,933 1,062 1,157 2,360 2,842 2,295 1,033 526 796 1,617 6,219 Deferred credit items 5,154 304 661 354 147 382 514 440 158 362 320 514 996 Other liabilities and accrued dividends1 2,637 164 1,126 70 151 199 89 311 65 33 71 102 255 TOTAL LIABILITIES 317,232 21,123 115,793 11,990 20,915 26,086 13,817" 41,046 7,308 5,542 8,112 10,309 35,192 CAPITAL ACCOUNTS Capital paid in 2,571 99 739 101 155 168 238 316 65 69 99 190 332 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 550 27 225 11 49 52 &_ 65 12 6_ 17 22 SB TOTAL LIABILITIES AND CAPITAL ACCOUNTS 322,776 21,346 117,424 12,217 21,244 26,453 14,308 41,727 7,448 5,685 8,320 10,705 35,898 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 367,503 24,501 131,852 13,089 23,163 32,231 17,955 43,947 9,394 6,323 9,813 12,366 42,868 Less—Held by F.R. Banks 91,212 5,156 29,778 2,585 3,703 9,088 7,584 5,947 3,343 1,703 2,888 4,291 15,147 F.R. notes, net 276,291 19,345 102,074 10,504 19,460 23,144 10,371 38,001 6,052 4,620 6,925 8,075 27,722 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 255,212 Total collateral 276,291 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