H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday, 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 31, 1991 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Heek ended Change from week ended Wednesday F.R. Banks, Reserve Bank credit, and related items Oct 30, 1991 Oct .2 3, 1991 Oct 51, 1990 Oct 30, 1991 Reserve Bank credit1 2 296,329 + 953 + 11,959 296,141 U.S. government securities Bought outright—system account 256,431 + 86 + 21,551 257,042 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 6,140 - 6 - 203 6,140 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 16 - 8 - 87 16 Seasonal credit 175 - 33 - 120 156 Extended credit 12 - 3 - 19 1 Float 1,352 + 825 • 686 643 Other F.R. assets 32,203 + 91 - 9,850 32,143 Gold stock 11,060 - 1 0 11,060 Special drawing rights certificate account 10,018 0 + 1,286 10,018 Treasury currency outstanding 20,945 + 14 + 655 20,945 Total factors supplying reserve funds 338,352 _ 966 13,899 338,164 Currency in circulation* 295,474 _ 880 • 20,929 295,899 Treasury cash holdings* 626 + 3 + 90 630 Deposits, other than reserve balances, with F.R. Banks Treasury 5,130 - 1,363 - 1,144 4,566 Foreign 231 + 34 - 18 339 Service-related balances and adjustments3 3,611 + 129 + 1,572 3,611 Other 278 + 6 - 246 220 Other F.R. liabilities and capital 8,522 + 160 - 824 8,337 Total factors, other than reserve balances, absorbing reserve funds 313,872 - 1,912 + 20,360 313,603 Reserve balances with F.R. Banks4 24,480 + 2,878 - 6,460 24,561 On October 30, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,267 million, a change of - $ 761 million for the week. 1 Net of $ 6,428 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,535 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,817 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,817 million was with foreign official and international accounts. Includes $ 141 million securities loaned-fully secured U.S government securities. 3 Consists of required clearing balances of $ 3,309 million and adjustments of $ 302 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 ** NNeeddnneessddaayy Nednesday Nednesday Oct 30, 1991 Oct 23, 1991 Oct 31, 1990 ASSETS Gold cert if icate account 11,060 - 1 0 Special drawing rights certificate account 10,018 0 0 Coin 585 + 1 + 34 Loans 172 - 61 419 Acceptances 0 0 0 Federal agency obligations Bought outright 6,140 0 203 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 127,058 • 914 + 11,839 Notes 98,372 0 • 6,790 Bonds 31,613 0 • 650 Total bought outright2 257,042 + 914 + 19,279 Held under repurchase agreements1 0 0 0 Total U.S. government securities 257,042 + 914 + 19,279 Total loans and securities 263,355 + 852 • 18,658 Items in process of collection (474) 5,256 - 129 736 Bank premises 965 + 4 + 112 Other assets3 31,652 - 126 10,244 TOTAL ASSETS (474) 322,891 + 601 • 7,824 LIABILITIES Federal Reserve notes 276,170 - 122 + 20,310 Deposits Depository institutions 28,778 + 2,384 5,768 U.S. Treasury—general account 4,566 - 1,704 3,041 Foreign—official accounts 339 + 130 • 43 Other 220 - 62 1,557 Total deposits 33,903 + 748 10,323 Deferred availability cash items (474) 4,481 - 182 505 Other liabilities and accrued dividends* 2,774 + 136 796 TOTAL LIABILITIES (474) 317,327 + 581 + 8,686 CAPITAL ACCOUNTS Capital paid in 2,606 + 35 i + 204 Surplus 2,423 0 + 180 Other capital accounts 535 - 15 1,246 x 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 $ 5,817 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 141 million securities loaned-fuily 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 $ 68 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 30, 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. gove rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Heekly Heekly Holdings Holdings changes changes Hithin 15 days 143 0 WWiitthhiinn 1155 ddaayyss 1100,,666699 1,213 158 + 16 16 days to 90 days 29 0 1166 ddaayyss ttoo 9900 ddaayyss 6622,,886622 123 759 + 7 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8844,,660000 + 2,250 1,431 + 2 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6600,,669922 0 2,605 25 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1144,,004422 0 1,000 0 OOvveerr 1100 yyeeaarrss 2244,,117788 0 188 0 Total 172 0 TToottaall 225577,,004422 + 914 6,140 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 30 ,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 11,060 747 3,915 318 692 948 479 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 585 38 23 40 31 107 58 55 33 14 33 48 105 Loans 172 0 1 9 0 0 7 4 51 63 28 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 127,058 8,602 50,073 3,357 7,950 10,050 4,249 15,966 3,365 1,643 3,522 4,985 13,295 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 257,042 17,402 101,300 6,792 16,083 20,332 8,597 32,299 6,808 3,323 7,125 10,085 26,897 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 257,042 17,402 101,300 6,792 16,083 20,332 8,597 32,299 6,808 3,323 7,125 10,085 26,897 Total loans and securities 263,355 17,818 103,721 6,963 16,467 20,818 8,809 33,074 7,021 3,465 7,323 10,327 27,548 Items in process of collection 5,730 307 606 441 178 454 589 536 157 391 355 653 1,061 Bank premises 965 89 121 44 34 122 57 112 28 32 53 125 146 Other assets3 31,652 1,397 9,403 1,384 1,735 2,014 2,851 3,950 826 822 1,144 2,190 3,935 Interdistrict settlement account 0 -198 -5,986 +2,852 +1,232 +1,545 +1,832 +1,484 -1,414 +2,627 -1,263 -3,272 +562 TOTAL ASSETS 323,365 20,909 115,198 12,361 21,015 26,969 14,978 41,917 7,286 7,694 8,350 11,050 35,637 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 $ 5,817 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 141 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 $ 68 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 30, 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 276,170 18,908 100,091 10,413 19,281 23,478 10,964 37,579 6,014 6,313 6,776 8,104 28,249 Deposits Depository institutions 28,778 1,303 6,795 1,317 1,078 2,507 2,936 2,818 903 791 979 1,921 5,430 U.S. Treasury—general account 4,566 0 4,566 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 339 6 230 7 8 9 15 19 4 4 6 11 20 Other 220 2 106 1 3 27 2 69 1 4 1 1 2 Total deposits 33,903 1,310 11,697 1,325 1,089 2,543 2,953 2,906 908 799 986 1,934 5,452 Deferred credit items 4,955 300 580 322 155 372 477 429 157 402 308 492 961 Other liabilities and accrued dividends1 2,774 168 1,202 70 158 210 94 322 68 35 73 104 269 TOTAL LIABILITIES 317,801 20,686 113,571 12,130 20,683 26,603 14,487 41,236 7,147 7,550 8,143 10,633 34,931 CAPITAL ACCOUNTS Capital paid in 2,606 98 748 103 155 170 238 316 65 69 99 212 333 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 535 28 213 12 52 48 7_ 65 11 6_ 16 21 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 323,365 20,909 115,198 12,361 21,015 26,969 14,978 41,917 7,286 7,694 8,350 11,050 35,637 FEDERAFRESERVE AGENTS* ACCOUNTS F.R. notes outstanding 368,290 24,154 130,445 13,064 22,930 32,490 18,692 43,423 9,280 8,082 9,717 12,477 43,536 Less—Held by F.R. Banks 92,120 5,246 30,354 2,651 3,650 9,011 7,728 5,844 3,266 1,769 2,941 4,373 15,287 F.R. notes, net 276,170 18,908 100,091 10,413 19,281 23,478 10,964 37,579 6,014 6,313 6,776 8,104 28,249 Collateral held against F.R. notes Gold certificate account 11,060 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 255,092 Total collateral 276,170 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