H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;^rjcov*> 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 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 7, 1991 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change frotri week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 6, 1991 Oct 30, 1991 Nov 7, 1990 | Nov 6, 1991 Reserve Bank credit1 2 300,420 • 4,145 + 12,266 300,641 U.S. government securities Bought outright—system account 260,168 + 3,737 + 21,242 262,231 Held under repurchase agreements 1,245 + 1,245 29 0 Federal agency obligations Bought outright 6,140 0 203 6,140 Held under repurchase agreements 3 + 3 118 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 18 + 2 22 2 Seasonal credit 104 - 71 108 90 Extended credit 0 - 12 24 0 Float 801 - 500 • 147 214 Other F.R. assets 31,942 - 258 8,618 31,964 Gold stock 11,059 - 1 1 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 20,959 + 14 + 657 20,959 Total factors supplying reserve funds 342,456 _ 4,158 + 12,923 342,678 Currency in circulation* 296,928 + 1,454 + 21,216 297,932 Treasury cash holdings* 631 + 4 + 83 632 Deposits, other than reserve balances, with F.R. Banks Treasury 7,908 + 2,778 + 1,389 6,168 Foreign 215 - 16 30 205 Service-related balances and adjustments3 3,503 - 108 + 1,484 3,503 Other 226 - 52 19 215 Other F.R. liabilities and capital 8,344 - 178 1,820 8,211 Total factors* other than reserve balances, absorbing reserve funds 317,755 + 3,882 + 22,302 316,866 Reserve balances with F.R. Banks4 24,701 + 275 9,380 25,811 On November 6, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 251,214 million, a change of + $ 947 million for the week. 1 Net of $ 5,100 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,100 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3,166 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,166 million was with foreign official and international accounts. Includes $ 12 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,317 million and adjustments of $ 186 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 Nov 6, 1991 Oct 30, 1991 Nov 7, 1990 ASSETS Gold certificate account 11,059 - 1 - 1 Special drawing rights certificate account 10,018 0 0 Coin 578 - 8 + 27 - - Loans 93 80 133 Acceptances 0 0 0 Federal agency obligations Bought outright 6,140 0 - JJ03 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 132,146 + 5,088 + 16,747 Notes 98,472 + 100 + 6,890 Bonds 31,613 0 + (.50 Total bought outright2 262,231 + 5,188 • 24,J:87 Held under repurchase agreements1 0 0 0 Total U.S. government securities 262,231 •f 5,188 • 24,287 Total loans and securities 268,463 + 5,109 + 23,952 Items in process of collection (717) 6,084 + 828 - 314 Bank premises 965 0 + 112 Other assets3 31,558 - 94 (717) 328,725 i | + 31,558 8,231 TOTAL ASSETS (717) 328,725 • 5,834 i | + 15,545 LIABILITIES Federal Reserve notes 278,183 • 2,014 + 20,992 Deposits Depository institutions 30,468 + 1,690 - 4,648 U.S. Treasury—general account 6,168 + 1,602 + 172 Foreign—official accounts 205 - 134 - 31 Other 221155 - 5 - 9 Total deposits 3377,,005566 + 3,153 - 4,516 Deferred availability cash items (717) 5,274 + 793 - 2<*1 Other liabilities and accrued dividends4 2,760 - 14 - 920 TOTAL LIABILITIES (717) 323,274 + 5,946 + 15,316 CAPITAL ACCOUNTS Capital paid in 2,625 • 19 • 222 Surplus 2,423 0 + 130 Other capital accounts 403 - 131 - 174 * 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 $ 2,321 million was outstanding at the end of the latest statement week. 2 Net of $ 3,166 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 12 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 $ 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, NOVEMBER 6, 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 rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Meekly Meekly Holdings Holdings changes changes Hithin 15 days 23 0 HHiitthhiinn 1155 ddaayyss 1188,,005522 + 7,382 59 99 16 days to 90 days 70 0 1166 ddaayyss ttoo 9900 ddaayyss 5588,,442277 4,435 867 + 108 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8855,,889944 + 1,294 1,422 9 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6611,,553399 + 847 2,605 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1144,,114422 + 100 1,000 0 OOvveerr 1100 yyeeaarrss 2244,,117788 0 188 0 Total 93 0 TToottaall 226622,,223311 + 5,188 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 NOVEMBER 6, 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 11,059 747 3,914 318 692 948 479 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 578 37 23 40 31 107 57 53 32 14 34 48 102 Loans 93 0 0 0 0 1 2 5 23 39 21 0 2 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 132,146 8,946 52,079 3,492 8,268 10,453 4,420 16,605 3,500 1,708 3,663 5,185 13,828 Notes 98,472 6,666 38,808 2,602 6,161 7,789 3,293 12,374 2,608 1,273 2,729 3,864 10,304 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 262,231 17,753 103,345 6,929 16,408 20,742 8,770 32,951 6,945 3,390 7,268 10,289 27,440 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 262,231 17,753 103,345 6,929 16,408 20,742 8,770 32,951 6,945 3,390 7,268 10,289 27,440 Total loans and securities 268,463 18,169 105,765 7,091 16,792 21,229 8,977 33,728 7,131 3,508 7,460 10,530 28,084 Items in process of collection 6,801 385 801 513 324 561 655 606 209 463 472 546 1,264 Bank premises 965 89 121 44 34 122 57 112 28 32 53 125 146 Other assets3 31,558 1,398 9,393 1,378 1,730 2,006 2,835 3,934 822 816 1,141 2,183 3,923 Interdistrict settlement account 0 -378 -7,108 +2,934 +1,287 +925 +2,095 +1,364 -1,315 +2,491 -1,468 -3,099 +2,272 TOTAL ASSETS 329,442 21,158 116,305 12,637 21,535 26,860 15,458 42,503 7,543 7,667 8,396 11,311 38,069 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 $ 2,321 million was outstanding at the end of the latest statement week. 2 Net of $ 3,166 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 12 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 NOVEMBER 6, 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 278,183 18,977 100,957 10,540 19,467 23,304 10,825 37,748 6,066 6,339 6,830 8,624 28,505 Deposits Depository institutions 30,468 1,450 5,522 1,395 1,403 2,466 3,475 3,182 1,110 588 867 1,572 7,437 U.S. Treasury—general account 6,168 0 6,168 0 0 St 0 0 0 0 0 0 0 Foreign—official accounts 205 6 97 7 8 9 15 19 4 4 6 11 20 Other 215 1 89 1 1 46 1 67 0 4 1 0 3 Total deposits 37,056 1,457 11,875 1,403 1,412 2,521 3,491 3,268 1,115 597 874 1,584 7,460 Deferred credit items 5,992 339 672 401 176 470 564 507 159 557 416 575 1,155 Other liabilities and accrued dividends1 2,760 172 1,184 72 157 206 92 323 67 35 74 110 266 TOTAL LIABILITIES 323,991 20,946 114,688 12,417 21,212 26,501 14,973 41,846 7,407 7,528 8,194 10,893 37,386 CAPITAL ACCOUNTS Capital paid in 2,625 98 764 103 155 170 238 317 65 69 100 211 334 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 403 17 186 Z_ 45 40 2_ 41 7_ 1^ 10 ZZ_ 34 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 329,442 21,158 116,305 12,637 21,535 26,860 15,458 42,503 7,543 7,667 8,396 11,311 38,069 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 367,719 24,188 130,242 13,020 22,981 32,343 18,405 43,255 9,212 8,070 9,675 12,926 43,403 Less—Held by F.R. Banks 89,536 5,211 29,285 2,480 3,513 9,039 7,580 5,508 3,146 1,731 2,844 4,302 14,897 F.R. notes> net 278,183 18,977 100,957 10,540 19,467 23,304 10,825 37,748 6,066 6,339 6,830 8,624 28,505 Collateral held against F.R. notes Gold certificate account 11,059 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 257,106 Total collateral 278,183 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