H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE ' • Hi • •"•' i i •• i • . i •; | f ••" ' ' M , •"• 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 14, 1991 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss NNoovv 1133,, 11999911 Nov 6, 1991 Nov 14, 1990 Nov 13, 1991 Reserve Bank credit1 2 302,372 + 1,952 + 14,954 313,098 U.S. government securities Bought outright—system account 260,562 + 394 + 21,943 263,015 Held under repurchase agreements 2,720 + 1,475 + 1,936 9,100 Federal agency obligations Bought outright 6,140 0 203 6,140 Held under repurchase agreements 44 + 41 77 108 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 8 76 24 Seasonal credit 92 12 84 97 Extended credit 3 + 3 22 0 Float 517 283 + 16 1,749 Other F.R. assets 32,284 + 342 8,479 32,866 Gold stock 11,059 1 1 11,059 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 20,973 + 14 + 659 20,973 Total factors supplying reserve funds 344,421 + 1,965 + 15,613 355,147 Currency in circulation* 299,051 + 2,123 + 21,354 299,647 Treasury cash holdings* 632 + 1 + 81 633 Deposits, other than reserve balances, with F.R. Banks Treasury 5,832 2,077 + 361 4,278 Foreign 178 37 135 191 Service-related balances and adjustments3 3,767 + 264 + 1,882 3,767 Other 208 18 19 213 Other F.R. liabilities and capital 8,433 + 90 670 8 ? 439 Total factors, other than reserve balances, absorbing reserve funds 318,100 + 346 + 22,853 317,167 Reserve balances with F.R. Banks4 26,321 + 1,619 7,241 37,980 _ On November 13, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 250,521 million, a change of - $ 693 million for the week. 1 Net of $ 5,307 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,307 million was with foreign official and international accounts. Includes securities ioaned-fiilly secured by U.S. government securities. 2 Net of $ 3.358 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,358 million was with foreign official and international accounts. Includes $ 95 million securities ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,312 million and adjustments of $ 454 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 Wednesday Wednesday Wednesday Nov 13, 1991 Nov 6, 1991 Nov 14, 1990 ASSETS Gold certificate account 11,059 1 1 Special drawing rights certificate account 10,018 0 0 Coin 569 9 17 Loans 121 28 477 Acceptances 0 0 0 Federal agency obligations Bought outright 6,140 1 203 Held under repurchase agreements1 108 108 738 U.S. government securities Bought outright—Bills 132,580 434 16,702 Notes 98,822 350 7,240 Bonds 31,613 0 65C! Total bought outright2 263,015 784 24,592 Held under repurchase agreements1 9,100 9,100 3,610 Total U.S. government securities 272,115 9,884 28>20;i Total loans and securities 278,483 10,020 26,784 Items in process of collection (564) 9,772 3,688 29 Bank premises 970 5 114 Other assets3 32,526 968 7,580 TOTAL ASSETS 1564) 343,396 14,671 19,3*3 LIABILITIES Federal Reserve notes 279,875 1,692 20,5!S6 Deposits Depository institutions 42,561 12,093 4- 849 U.S. Treasury--general account 4,278 1,889 - 1,056 Foreign—official accounts 191 15 - 7 Other 213 2 - 21 Total deposits 47 ,243 • 10,187 - Z35 Deferred availability cash items (564) 7 ,838 + 2,564 - 579 Other liabilities and accrued dividends* 2 ,789 + 29 - 320 TOTAL LIABILITIES (564) 337,746 14,472 + 18,922 CAPITAL ACCOUNTS Capital paid in 2,632 7 + 229 Surplus 2,423 0 + 180 Other capital accounts 595 192 + 31 * 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 $ 2,435 million was outstanding at the end of the latest statement week. 2 Net of $ 3.358 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 95 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. Comoonents may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 13, 1991 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. yilUons of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Nithin 15 days 48 0 WWiitthhiinn 1155 ddaayyss 12,731 55,,332211 105 H 46 16 days to 90 days 73 0 1166 ddaayyss ttoo 9900 ddaayyss 64,259 ++ 55,,883333 762 105 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 85,975 ++ 8811 1,422 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 61,739 ++ 220000 2,663 + 58 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 14,142 00 1,000 0 OOvveerr 1100 yyeeaarrss 24,178 00 188 0 Total 121 0 TToottaall 263,024 ++ 779933 6,140 1 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 13 ,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 11,059 747 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 569 36 22 39 30 105 55 53 30 14 34 46 104 Loans 121 1 0 8 0 1 7 6 24 39 25 0 10 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,140 416 2,420 162 384 486 205 771 163 79 170 241 642 Held under repurchase agreements1 108 0 108 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 132,580 8,976 52,250 3,503 8,296 10,487 4,434 16,660 3,511 1,714 3,675 5,202 13,873 Notes 98,822 6,690 38,946 2,611 6,183 7,817 3,305 12,418 2,617 1,278 2,739 3,877 10,341 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 263,015 17,806 103,654 6,950 16,457 20,804 8,796 33,050 6,966 3,400 7,290 10,320 27,522 Held under repurchase agreements1 9,100 0 9,100 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 272,115 17,806 112,754 6,950 16,457 20,804 8,796 33,050 6,966 3,400 7,290 10,320 27,522 Total loans and securities 278,483 18,223 115,282 7,119 16,841 21,291 9,008 33,828 7,152 3,519 7,485 10,560~ 28,175 Items in process of collection 10,335 588 1,375 720 596 866 950 885 278 695 616 853 1,915 Bank premises 970 89 121 44 34 122 57 112 28 32 53 130 146 Other assets3 32,526 1,416 10,071 1,387 1,748 2,030 2,939 3,979 834 822 1,150 2,201 3,949 Interdistrict settlement account 0 -62 -13,794 +3,818 +2,153 +1,193 +3,198 +1,729 -1,534 +2,573 -1,265 -126 +2,120 TOTAL ASSETS 343,959 21,747 120,386 13,764 22,739 27,515 16,988 43,292 7,424 7,997 8,777 14,642 38,688 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 $ 2,435 million was outstanding at the end of the latest statement week. 2 Net of $ 3,358 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 95 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 F3ANK ON NOVEMBER 13 ,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 279,875 19,005 100,781 10,527 19,693 23,138 10,688 37,478 5,910 6,351 6,678 10,880 28,747 Deposits Depository institutions 42,561 1,851 11,199 2,472 2,169 3,069 4,873 3,997 1,052 857 1,217 2,538 7,267 U.S. Treasury—general account 4,278 0 4,278 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 191 6 82 7 8 9 15 19 4 4 6 11 20 Other 213 22 8822 11 11 4444 11 6688 00 44 33 55 3 Total deposits 47,243 '' 11,,885588"" 1155,,664400 22,,447799 22,,"" 117788 33,,112233 ""44^^888899 44,,008833'' 11,,005577 886655 11,,222266 22,,555555 7,289 Deferred credit items 8,402 496 l,0b6 458 359 678 824 732 250 601 590 667 1,681 Other liabilities and accrued dividends1 2,789 116677 11,,221144 7711 117766 220055 9933 331177 6677 3355 7733 110055 266 TOTAL LIABILITIES 338,309 2211,,552266~~ 111188,,770011"" 1133,,553355 2222,,440055 2277,,114444 1166,,449944 4422,,660099"" 77,,228833 77,,885533 88,,556688 1144,,220077 37,983 CAPITAL ACCOUNTS Capital paid in 2,632 98 768 103 155 3 70 241 317 65 69 100 211 334 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 595 2266 224499^^ 1100^^ 53 53 77 65 12 6 17 39 56 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 343,959 21,747 120,386 13,764 22,739 27,515 16,988 43,292 7,424 7,997 8,777 14,642 38,688 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 369,759 24,202 130,290 13,040 23,018 32,175 18,181 43,145 9,174 8,144 9,638 15,402 43,350 Less--Held by F.R. Banks 89,884 5,197 2299,,550099 22,,551133 33,,332255 99,,003377 77,,449933 55,,666688 33,,226644 11,,779933 22,,995599 44,,552211 14,603 F.R. notes, net 279,875 19,005 110000,,778811"" 1100,,552277 1199,,669933 "" 2233,,113388 1100,,668888 3377,,447788 55,,991100"" 66,,335511 66,,667788 1100,,888800 28,747 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 258,799 Total collateral 279,875 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