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
                                                                                           October 26, 2000
Millions of dollars
                                                                   Averages of daily figures
      Reserve balances of depository institutions at     Week ended   Change from week ended     Wednesday
 F.R. Banks, Reserve Bank credit, and related items     Oct 25, 2000 Oct 18, 2000 Oct 27, 1999 Oct 25, 2000

Reserve Bank Credit                                         559,523    -   2,351    +  15,950      560,096
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    510,464    +     979    +  19,753      511,038
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                             130            0    -      64          130
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      11,689    -   2,641    -   5,372        9,995
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                           175    -     124    +     135           13
    Seasonal credit                                             277    -      24    +      86          270
    Extended credit                                               0            0            0            0
   Float                                                        400    -     771    +      76        2,036
   Other F.R. assets                                         36,389    +     231    +   1,342       36,615
Gold stock                                                   11,046            0    -       4       11,046
Special drawing rights certificate account                    3,200            0    -   4,000        3,200
Treasury currency outstanding                                30,647    +      14    +   3,052       30,647
        Total factors supplying reserve funds               604,416    -   2,336    +  14,998      604,989
                                                                   
Currency in circulation*                                    570,581    -   1,522    +  17,300      571,377
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         289    +      33    +     197          289
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    5,278    +     108    +      72        4,207
  Foreign                                                        91    -      17    -      89           71
  Service-related balances and adjustments (5)                6,698    +      84    -     364        6,698
  Other                                                         241    -       9    -      19          241
Other F.R. liabilities and capital                           16,066    +     639    -   2,176       16,254
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             599,243    -     685    +  14,920      599,137

Reserve balances with F.R. Banks  (6)                         5,173    -   1,651    +      78        5,852
                                                                
On   October 25, 2000, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal Reserve
Banks for foreign official and international accounts was $    686,779 million, a change of $  -   2,853 million for the week. The total includes
$    589,652 million of U.S. government securities and $     97,127 million of federal agency securities. The total includes the face value of
U.S. Treasury strips and other zero coupon bonds.
1  Face value of the securities.
2  Net of $     16,091 million (daily average over statement week) and $     16,076 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     16,091 million (daily average)
   and $     16,076 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $        757 million (daily average) and $         98 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      6,395 million of inflation-indexed securities valued at the original face amount and 
   $        435 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal agency securities.
5  Consists of required clearing balances of $      6,347 million and adjustments of $        351 million to 
   compensate for float.
6  Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).
Components may not add to totals due to rounding.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                           Oct 25, 2000     Oct 18, 2000     Oct 27, 1999
                ASSETS
Gold certificate account                                        11,046                0        -       4
Special drawing rights certificate account                       3,200                0        -   4,000
Coin                                                               856        +      32        +     539
Loans                                                              282        -      21        +      71
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                            9,995        -   8,848        -  10,070
Federal agency obligations (2)          
  Bought outright                                                  130                0        -      58
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       182,744        +     135        -  17,606
                   Notes (3)                                   236,389        +     662        +  25,117
                   Bonds (4)                                    91,905        +      72        +  11,476
    Total bought outright (5)                                  511,038        +     870        +  18,987
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          511,038        +     870        +  18,987
       Total loans and securities                              521,445        -   7,999        +   8,930
                          
Items in process of collection                      (816)        9,168        +     673        +   2,512
Bank premises                                                    1,433                0        +      92
Other assets (6)                                                35,305        +     391        +   1,721
                TOTAL ASSETS                        (816)      582,454        -   6,901        +   9,790
                          
                LIABILITIES
Federal Reserve notes                                          541,875        -     764        +  13,426
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       12,860        -   4,611        -   1,915
  U.S. Treasury--general account                                 4,207        -     942        -     156
  Foreign--official accounts                                        71        -      16        -     101
    Other                                             (0)          241        -      28        +      18
      Total deposits                                  (0)       17,380        -   5,596        -   2,153
Deferred availability cash items                    (816)        6,945        -   1,143        +     215
Other liabilities and accrued dividends (7)                      4,293        -       2        -     151
                TOTAL LIABILITIES                   (816)      570,493        -   7,505        +  11,337
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  6,981        -       1        +     627
Surplus                                                          2,679                0        -   3,273
Other capital accounts                                           2,300        +     603        +   1,099

*Figures in parentheses are the eliminations made in the consolidation process.
1  Cash value of agreements arranged through third-party custodial banks.
2  Face value of the securities.
3  Includes $      4,857 million of inflation-indexed securities valued at the original face amount and 
   $        343 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and 
   $         92 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     16,076 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $         98 million that are fully collateralized by other
   U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.
7  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 25, 2000
Holdings of securities include securitites held under repurchase agreements, which are classified according 
to remaining maturity.

Millions of dollars
                                    U.S. government         Federal agency                      Reverse
                     Loans          securities (1,2)        obligations(2)        Repurchase   Repurchase
                                              Weekly                  Weekly      Agreements   Agreements
                                  Holdings    changes      Holdings    changes    Triparty(3)  Triparty(3)
Within 15 days             241       19,440   +   2,160            0           0        5,995           0
16 to 90 days               41      108,798   -   2,323            0           0        4,000           0
91 days to 1 year            0      126,292   +     298            0           0     ------      ------
Over 1 to 5 years                   131,315   +     734           30           0     ------      ------
Over 5 to 10 years                   53,530   +       1          100           0     ------      ------
Over 10 years                        71,663           0            0           0     ------      ------
                   		 	
Total                      282      511,038   +     870          130           0        9,995           0

1  Includes $      6,395 million of inflation-indexed securities valued at the original face amount and 
   $        435 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
2  Includes face value of securities held under repurchase agreements classified by the remaining maturity of 
   the agreements.
3  Cash value of agreements arranged through third-party custodial banks classified by remaining maturity of 
   the agreements.
Components may not add to totals due to rounding.


H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON   October 25, 2000
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,046        535      4,428        414        520        750        802      1,064        359        158        340        514      1,162
Special drawing rights certif. acct.           3,200        167      1,271        120        151        213        242        309        103         44         96        143        341
Coin                                             856         26         67         49         55        107        104        100         45         29         59         72        142
                       
Loans                                            282          0          0          4          0          1         13         59         61         64         65         13          2
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)           9,995          0      9,995          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)      
  Bought outright                                130          7         50          5          7          8          9         16          5          1          4          4         14
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
U.S. government securities(2)         
  Bought outright--Bills                     182,744     10,491     70,539      7,611     10,227     10,727     12,164     21,859      6,942        769      6,090      5,407     19,917
                   Notes (3)                 236,389     13,571     91,247      9,846     13,229     13,877     15,735     28,276      8,980        995      7,878      6,994     25,764
                   Bonds (4)                  91,905      5,276     35,476      3,828      5,143      5,395      6,117     10,993      3,491        387      3,063      2,719     10,017
     Total bought outright(5)                511,038     29,338    197,262     21,285     28,598     29,999     34,016     61,128     19,413      2,151     17,030     15,120     55,698
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             511,038     29,338    197,262     21,285     28,598     29,999     34,016     61,128     19,413      2,151     17,030     15,120     55,698
       Total loans and securities            521,445     29,345    207,307     21,295     28,606     30,008     34,037     61,203     19,478      2,216     17,100     15,137     55,714
                       
Items in process of collection                 9,984        377      1,316        394        767        501        877        908        362        573        770        830      2,309
Bank premises                                  1,433         94        166         50        156        125        228        104         33        126         49        138        166
Other assets(5)                               35,305      1,692     11,940      1,251      2,067      5,266      2,305      3,445      1,054        686      1,028      1,078      3,493
Interdistrict settlement account                   0    + 1,774    +17,101    -   669    +   608    +   133    + 1,796    - 6,197    - 1,312    -   752    - 1,683    - 5,607    - 5,194
          TOTAL ASSETS                       583,270     34,011    243,596     22,904     32,930     37,102     40,392     60,937     20,122      3,080     17,759     12,305     58,132

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal agency securities.
2  Face value of the securities.
3  Includes $      4,857 million of inflation-indexed securities valued at the original face amount and  $        343 million 
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and  $         92 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     16,076 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $         98 million that are fully collateralized by other U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.

Components may not add to totals due to rounding.


H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON   October 25, 2000
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                         541,875     30,673    231,885     21,481     30,664     32,539     37,384     57,481     19,053      1,182     16,377     10,893     52,263
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      12,860      1,923      1,977        428        909      1,115      1,071      1,299        405        792        506        659      1,777
  U.S. Treasury--general account                4,207          0      4,207          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                       71          1         48          1          2          8          2          3          1          1          1          1          3
  Other                                           241          0        136          1          4         94          1          2          1          0          3          0          1
    Total deposits                             17,380      1,925      6,367        429        914      1,216      1,073      1,303        406        794        510        660      1,781
Deferred credit items                           7,761        502        909        392        346        551        780        566        213        547        392        269      2,295
Other liabilities and accrued                 
  dividends (2)                                 4,293        252      1,459        194        247        311        326        484        178         68        168        159        446
    TOTAL LIABILITIES                         571,309     33,352    240,621     22,496     32,172     34,617     39,563     59,835     19,850      2,591     17,447     11,981     56,784
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 6,981        358      1,493        237        460      1,685        491        615        138        357        178        186        784
Surplus                                         2,679        120        552         83        185        705        192        241         66         98         75         88        275
Other capital accounts                          2,300        181        930         88        113         95        147        246         68         34         59         50        289
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              583,270     34,011    243,596     22,904     32,930     37,102     40,392     60,937     20,122      3,080     17,759     12,305     58,132
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        760,932     37,036    304,171     32,083     37,097     52,068     61,486     70,347     23,654      9,786     21,754     32,975     78,475
  Less--Held by F.R. Banks                    219,057      6,363     72,286     10,602      6,433     19,529     24,102     12,866      4,601      8,604      5,377     22,082     26,212
  F.R. notes, net                             541,875     30,673    231,885     21,481     30,664     32,539     37,384     57,481     19,053      1,182     16,377     10,893     52,263
Collateral held against F.R. notes            
   Gold certificate account                    11,046
   Special drawing rights                 
     certificate account                        3,200
   Other eligible assets                        6,466
   U.S. govt. and agency securities(3)        521,163
     Total collateral                         541,875

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal agency securities.
2  Includes exchange translation account reflecting the monthly revaluation at market exchange rates of 
   foreign exchange commitments.
3  U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount.
   Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities
   pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.