FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 25, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Oct 24, 2007 Oct 17, 2007 Oct 25, 2006 Oct 24, 2007
Federal Reserve Banks

Reserve Bank Credit                                         858,846    +     757    +  28,248      867,438
 Securities held outright                                   779,580    -      17    +  12,167      779,574       
    U.S. Treasury (1)                                       779,580    -      17    +  12,167      779,574
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         472,142            0    +  13,331      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   8,323       35,753
       Inflation compensation (3)                             4,667    -      17    +     515        4,661
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    37,714    -     786    +  14,821       46,000
 Loans to depository institutions                               294    +      54    +     120          502
    Primary credit                                              142    +      16    +     133            3
    Secondary credit                                             57    +      57    +      57          402
    Seasonal credit                                              95    -      19    -      70           98
 Float                                                         -489    +     982    -      80         -635
 Other Federal Reserve assets                                41,747    +     524    +   1,219       41,996
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,693    +      14    +     573       38,693
       
Total factors supplying reserve funds                       910,780    +     771    +  28,820      919,371
                                                                   
Currency in circulation(5)                                  812,823    -   1,685    +  18,677      813,872
Reverse repurchase agreements (6)                            36,726    +   2,322    +   6,005       37,428
   Foreign official and international accounts               36,726    +   2,322    +   6,005       37,428
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          322    -      13    +     142          310
Deposits with F.R.Banks, other than reserve balances         12,032    -      81    -     438       11,714       
  U.S. Treasury, general account                              5,046    -      34    -     132        4,737
  Foreign official                                               99    +       2    +      10           99
  Service-related                                             6,578            0    -     336        6,578
     Required clearing balances                               6,578            0    -     336        6,578
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         309    -      48    +      19          300
Other liabilities and capital                                41,940    +     348    +   5,523       41,612

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  903,843    +     890    +  29,909      904,936

Reserve balances with Federal Reserve Banks                   6,937    -     119    -   1,089       14,435
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         2,030,609    +  12,375    + 344,979    2,032,855
     U.S. Treasury                                        1,234,088    +   3,857    +  92,552    1,231,085
     Federal agency                                         796,521    +   8,518    + 252,427      801,770
  Securities lent to dealers                                  6,449    +     575    +   4,786        9,509   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
2  Face value of the securities. 
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Oct 24, 2007     Oct 17, 2007     Oct 25, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,216        +      37        +     385
Securities, repurchase agreements, and loans                   826,077        +  10,128        +  27,484
   Securities held outright                                    779,574        -      17        +  11,152
      U.S. Treasury (1)                                        779,574        -      17        +  11,152       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          472,142                0        +  12,327
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   8,323
         Inflation compensation (3)                              4,661        -      16        +     504
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    46,000        +   9,750        +  16,000    
   Loans                                                           502        +     394        +     330
Items in process of collection                      (583)        2,354        +     977        -   1,022
Bank premises                                                    2,106        +       1        +     204
Other assets (5)                                                39,985        +     707        +   1,304
      Total assets                                  (583)      884,973        +  11,849        +  28,353
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  776,701        -     985        +  18,232
Reverse repurchase agreements (6)                               37,428        +   2,341        +   6,277
Deposits                                              (0)       26,243        +  10,450        -     493       
  Depository institutions                                       21,107        +  10,831        +     101
  U.S. Treasury, general account                                 4,737        -     368        -     609
  Foreign official                                                  99        +       2        +       9
  Other                                               (0)          300        -      15        +       7
Deferred availability cash items                    (583)        2,989        -     204        -   1,246
Other liabilities and accrued dividends (7)                      5,934        +       9        +     404
      Total liabilities                             (583)      849,296        +  11,612        +  23,175
                          
Capital Accounts
Capital paid in                                                 17,756        +      20        +   2,657
Surplus                                                         15,438                0        +   2,537
Other capital accounts                                           2,484        +     218        -      15
      Total capital                                             35,678        +     238        +   5,178


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,   October 24, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days             501       57,578   +   2,179            0           0       46,000       37,428
16 days to 90 days           2      157,995   -   1,550            0           0            0            0
91 days to 1 year            0      166,029   -     631            0           0     ------      ------
Over 1 to 5 years     ------        236,319   -       6            0           0     ------      ------
Over 5 to 10 years    ------         75,478   -       3            0           0     ------      ------
Over 10 years         ------         86,174   -       7            0           0     ------      ------
                   		 	
All                        502      779,574   -      17            0           0       46,000      37,428

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on   October 24, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,216         44         68         89        110        131        162        139         48         45         84        128        169
Securities, repurchase agreements,
      and loans                              826,077     38,047    299,340     36,531     33,785     71,529     76,570     69,263     26,401     16,504     26,744     36,281     95,080
   Securities held outright                  779,574     35,927    282,282     34,489     31,903     67,544     72,304     65,388     24,916     15,554     25,235     34,252     89,780
      U.S. Treasury (1)                      779,574     35,927    282,282     34,489     31,903     67,544     72,304     65,388     24,916     15,554     25,235     34,252     89,780
         Bills (2)                           267,019     12,306     96,687     11,813     10,927     23,135     24,765     22,397      8,534      5,328      8,644     11,732     30,752
         Notes and bonds(3)                  512,555     23,622    185,595     22,676     20,975     44,409     47,538     42,991     16,382     10,227     16,592     22,520     59,029
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                46,000      2,120     16,656      2,035      1,882      3,986      4,266      3,858      1,470        918      1,489      2,021      5,298
      Loans                                      502          0        402          8          0          0          0         16         15         32         20          8          2
Items in process of collection                 2,937        101         47        373        289        178        504        189        103        154        229        156        614
Bank premises                                  2,106        119        217         62        154        177        230        206        105        113        252        259        212
Other assets(5)                               39,985      1,339     12,391      3,374      2,304      7,507      3,407      2,601        803        750        800      1,046      3,663
Interdistrict settlement account                   0    - 3,411    +12,016    - 1,012    - 1,197    + 3,725    +   585    -   946    +   694    - 1,649    +   501    - 3,667    - 5,639
          Total Assets                       885,556     36,803    329,006     39,955     35,978     84,263     82,741     72,567     28,551     16,150     29,012     34,914     95,618

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on   October 24, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,002,075     38,014    363,019     40,863     38,295     81,703    111,660     80,356     30,444     17,109     30,306     57,374    112,933
  Less: notes held by F.R. Banks              225,375      6,174     71,305      7,970      8,585     15,182     37,196     14,599      4,081      3,122      3,845     25,957     27,358
    Federal Reserve notes, net                776,701     31,840    291,714     32,893     29,710     66,521     74,464     65,758     26,363     13,986     26,460     31,417     85,575
Reverse repurchase agreements (1)              37,428      1,725     13,552      1,656      1,532      3,243      3,471      3,139      1,196        747      1,212      1,644      4,310
Deposits                                       26,243      1,192     12,987      1,037      1,721      3,354      1,312      1,009        302        288        437        715      1,890
  Depository institutions                      21,107      1,181      8,007      1,032      1,679      3,232      1,307      1,045        300        287        435        714      1,887
  U.S. Treasury, general account                4,737          0      4,737          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 99          1         69          5          3         11          3          2          0          1          0          1          3
  Other                                           300          9        174          0         40        111          2        -38          1          0          1          0          0
Deferred availability cash items                3,572        164        104        407        521        298        362        288         91        244        300        230        564
Other liabilities and accrued                 
  dividends (2)                                 5,934        263      1,761        282        273        918        544        471        218        161        201        274        567
   
    Total liabilities                         849,879     35,184    320,119     36,275     33,756     74,334     80,155     70,665     28,170     15,426     28,609     34,280     92,906
                              
Capital                    
Capital paid in                                17,756        973      4,295      1,813      1,089      5,093      1,229        927        179        354        190        302      1,310
Surplus                                        15,438        396      3,827      1,811      1,087      4,098      1,278        861        167        276        176        214      1,248
Other capital                                   2,484        251        765         56         45        738         79        115         35         94         36        118        154
     Total liabilities and capital            885,556     36,803    329,006     39,955     35,978     84,263     82,741     72,567     28,551     16,150     29,012     34,914     95,618
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Oct 24, 2007
              
Federal Reserve notes outstanding           1,002,075
   Less: Notes held by F.R. Banks
         not subject to collateralization     225,375
      Federal Reserve Notes to be
         collateralized                       776,701 
Collateral held against Federal Reserve            
   notes                                      776,701
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              763,464
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         825,574
   Less:face value of securities under
         reverse repurchase agreements         37,604
      U.S. Treasury and agency securities
             eligible to be pledged           787,970
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face 
   value of inflation-indexed securities, and cash value of repurchase agreements.