H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•'hjooC;- 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<7r^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks Novenfcer 29, 1991 Millions of dollars Averac >es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Nov 27, 1991 Nov 20, 1991 Hov 28, 1990 Nov 27, 1991 Reserve Bank credit1 2 300,917 • 1,139 + 12,417 301,434 U.S. government securities Bought outright—system account 262,310 - 156 + 23,942 262,928 Held under repurchase agreements 1,350 + 1,350 - 2,449 1,627 Federal agency obligations Bought outright 6,118 _ 21 - 224 6,090 Held under repurchase agreements 21 + 21 - 211 5 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 21 •§• 7 - 30 25 Seasonal credit 77 «. 15 - 57 64 Extended credit 2 0 ~ 23 2 Float 652 • 13 + 324 472 Other F.R. assets 30,367 - 61 - 8,855 30,222 Gold stock 11,059 0 _ 1 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 20,982 _+ 14 * 645 20,982 Total factors supplying reserve funds 342,975 1,153 __ 13,061 343,492 Currency in circulation* 299,681 + 393 + 19,587 301,424 Treasury cash holdings* 637 + 3 + 82 636 Deposits, other than reserve balances, with F.R. Banks Treasury 5,281 - 314 + 387 5,104 Foreign 205 + 16 - 8 301 Service-related balances and adjustments3 3,667 - 97 + 1,698 3,667 Other 219 - 9 _ 20 208 Other F.R. liabilities and capital . 8,635 + 203 - 593 8,519 Total factors, other than reserve balances, absorbing reserve funds 318,325 * 193 4 21,134 319,858 Reserve balances with F.R. Banks4 24,650 + 960 - 8,073 23,634 On November 27, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 256,262 million, a change of - $ 20 million for the week. 1 Net of $ 5,933 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,933 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Uei of $ 6,202 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,202 million was with foreign official and international accounts. Includes $ 32 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,522 million and adjustments of $ 146 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 HHeeddnneessddaayy Wednesday Wednesday ** Nov 27, 1991 Nov 20, 1991 i Nov 28, 1990 ASSETS I Gold certificate account 11,058 0 - 1 Special drawing rights certificate account 10,018 0 0 Coin 560 - 7 • 27 Loans 91 - 6 - 92 Acceptances 0 I 0 0 Federal agency obligations Bought outright 6,090 - 50 - 253 Held under repurchase agreements1 5 ! * 5 - 448 U.S. government securities Bought outright—Bills 131,693 * 1,204 + 15,489 Notes 99,472 * 400 • 7,990 Bonds 31,763 0 • 600 Total bought outright2 262,928 •f 1,604 • 24,079 Held under repurchase agreements1 1,627 • 1,627 - 3,540 Total U.S. government securities ' 264,555 + 3,231 • 20,539 Total loans and securities 270,740 + 3,180 + 19,746 - Items in process of collection (485) 5,798 251 • 232 Bank premises 973 • 2 + 113 Other assets3 29,718 • _ 80 - 8 ,802 TOTAL ASSETS (485) 328,865 4 2,845 • 11,315 LIABILITIES Federal Reserve notes 281,638 • 2,098 • 2C,753 Deposits Depository institutions 28,008 + 582 - 9,562 U.S. Treasury—general account 5,104 - 273 • 362 Foreign—official accounts 301 • 116 + 59 Other 208 - 3 , 21 Total deposits 33,621 + 422 - <>,163 Deferred availability cash items (485) 5,088 + 43 + 289 Other liabilities and accrued dividends4 2,857 + 274 - 993 TOTAL LIABILITIES (485) 323,204 • 2,837 • 10,886 CAPITAL ACCOUNTS Capital paid in 2,645 • 12 + 237 Surplus 2,423 0 + 180 Other capital accounts 594 - 4 + 12 * 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 $ 6,202 million matched sale-purchase transactions outstanding at the end of the latest statement; week. Includes $ 32 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 $ 50 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 27, 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 83 0 WWiitthhiinn 1155 ddaayyss 12,200 2,026 313 70 16 days to 90 days 7 0 1166 ddaayyss ttoo 9900 ddaayyss 64,151 + 1,155 565 + 82 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 88,806 + 3,702 1,430 + 8 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 61,144 • 400 2,608 55 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 14,089 0 990 10 OOvveerr 1100 yyeeaarrss 24,165 0 188 0 Total 91 0 TToottaall 264,555 + 3,231 6,095 45 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 27, 1991 Millions of dollars Kansas 1 San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City ] Dallas Francisco ASSETS Gold certificate account 11,058 747 3,913 318 692 948 479 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 560 37 20 37 30 103 52 53 30 15 34 45 105 Loans 91 3 0 5 0 0 4 2 23 23 23 0 8 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,090 412 2,400 161 381 482 204 765 161 79 169 239 637 Held under repurchase agreements1 5 0 5 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 131,693 8,916 51,900 3,480 8,240 10,417 4,404 16,548 3,488 1,703 3,650 5,167 13,780 Notes 99,472 6,734 39,202 2,628 6,224 7,868 3,327 12,499 2,634 1,286 2,757 3,903 10,409 Bonds 31,763 2,150 12,518 839 1,987 2,512 1,062 3,991 841 411 880 1,246 3,324 Total bought outright2 262,928 17,800 103,620 6,947 16,451 20,798 8,793 33,039 6,963 3,399 7,288 10,316 27,513 Held under repurchase agreements1 1,627 0 1,627 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 264,555 17,800 105,247 6,947 16,451 20,798 8,793 33,039 6,963 3,399 7,288 10,316 27,513 Total loans and securities 270,740 18,215 107,652 7,113 16,832 21,279 9,001 33,806 7,148 3,501 7,479 10,555 28,158 Items in process of collection 6,283 336 654 520 223 435 604 551 276 353 370 707 1,252 Bank premises 973 89 122 44 34 122 57 112 28 32 53 133 146 Other assets^ 29,718 1,273 8,768 1,323 1,618 1,866 2,752 3,676 773 786 1,082 2,096 3,705 Interdistrict settlement account 0 -174 -10,153 •2,784 +1,685 + 270 +1,607 +1,089 -1,666 +2,860 -1,088 +1,332 +1,454 TOTAL ASSETS 329,351 21,235 114,372 12,457 21,760 25,984 14,855 41,993 7,224 7,889 8,635 15,846 37,101 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 $ 6,202 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 32 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 $ 50 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 27, 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 ' 281,638 19,064 99,896 10,499 19,853 22,913 10,193 37,496 5,861 6,653 7,071 12,852 29,287 Deposits Depository institutions 28,008 1,456 5,526 1,261 1,224 2,030 3,467 2,938 988 697 943 1,811 5,666 U.S. Treasury—general account 5,104 0 5,104 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 301 6 192 7 8 9 15 19 4 4 6 11 20 Other 208 2 97 2 2 40 3 52 0 4 1 3 2 Total deposits 33,621 1,464 10,919 1,270 1,234 2,079 3,485 3,008 993 706 950 1,825 5,688 Deferred credit items 5,573 317 620 386 175 411 585 482 162 349 332 625 1,129 Other liabilities and accrued dividends1 2,857 169 1,259 70 162 209 94 325 68 36 74 105 284 TOTAL LIABILITIES 323,689 21,014 112,694 12,226 21,424 25,613 14,357 41,311 7,084 7,743 8,428 15,407 36,388 CAPITAL ACCOUNTS Capital paid in 2,645 98 772 103 157 170 243 318 65 70 99 211 338 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts 594 [ 26 238 12 54 53 10 64 12 7__ 16 43 59 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 329,351 21,235 114,372 12,457 21,760 25,984 14,855 41,993 7,224 7,889 8,635 15,846 37,101 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 371,379 24,211 130,314 13,005 23,323 31,926 17,464 42,985 9,081 8,434 9,974 17,520 43,143 Less—Held by F.R. Banks 89,742 5,147 30,417 2,506 3,471 9,013 7,271 5,489 3,220 1,781 2,903 4,668 13,856 F.R. notes, net 281,638 19,064 99,896 10,499 19,853 22,913 10,193 37,496 5,861 6,653 7,071 12,852 29,287 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 260,562 Total collateral > 281,638 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