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`These data are scheduled for release each Thursday.  The exact time of each release will be announced, whenthe information is available, on (202) 452-3206.H.4.1Factors Affecting Reserve Balances of Depository Institutions andCondition Statement of F.R. Banks                                                                                                October 16,  1997Millions of dollars`

|        | Averages of daily figures
|------- | -------------------------
|
|
|453,978 | +       2,655            
|        |                          
|413,270 | +          50            
|6,152   | +       2,046            
|        |                          
|833     | -          33            
|1,256   | +         116            
|0       | 0                        
|        |                          
|8       | -          83            
|232     | -          44            
|0       | 0                        
|607     | +         331            
|31,620  | +         271            
|11,050  | 0                        
|9,200   | 0                        
|25,516  | +          14            
|499,744 | +       2,669            
|        |                          
|461,769 | +       2,606            
|242     | -          14            
|        |                          
|5,110   | -         292            
|176     | -          31            
|7,010   | +          48            
|382     | +           7            
|15,842  | -         200            
|490,531 | +       2,123            
|        |                          
|9,214   | +         546            

`On   October 15, 1997,  the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreignofficial and international accounts was $ 635,857 million, a change of + $ 2,314 million for the week.  The total includes the facevalue of U.S. Treasury strips and other zero coupon bonds.1  Net of $ 14,607 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which    a net of $ 14,607 million was with foreign official and international accounts.  Includes securities loaned--fully secured by U.S.    government securities.2 Net of $ 14,504 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of   $ 14,504 million was with foreign official and international accounts.  Includes $ 179 million securities loaned--fully   secured U.S. government securities.3 Includes $ 1,550 million of inflation-indexed securities valued at the original face amount and $ 13 million of compensation that adjusts for the effects of   inflation on the principal of such securities.4 Consists of required clearing balances of $ 6,768 million and adjustments of $ 242 million to compensate for float.5 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 BANKSMillions of Dollars`

|      |         |             | Change Since
|----- | ------- | ----------- | ------------
|
|      | 11,050  | 0           | +         1 
|      | 9,200   | 0           | -       518 
|      | 524     | -         3 | -        86 
|      |         |             |             
|      | 238     | -        45 | -       671 
|      | 0       | 0           | 0           
|      |         |             |             
|      | 761     | -       105 | -     1,549 
|      | 905     | -       817 | +        81 
|      |         |             |             
|      | 195,100 | -       184 | +     8,305 
|      | 163,074 | -        64 | +    10,683 
|      | 56,059  | +     1,068 | +     8,190 
|      | 414,233 | +       819 | +    27,178 
|      | 7,040   | -       514 | +     5,785 
|      | 421,273 | +       305 | +    32,963 
|      | 423,177 | -       662 | +    30,824 
|      |         |             |             
|(495) | 12,299  | +     4,893 | -       418 
|      | 1,271   | +         3 | +        58 
|      | 31,022  | +       588 | +       653 
|(495) | 488,543 | +     4,819 | +    30,513 
|      |         |             |             
|      |         |             |             
|      | 438,072 | +     1,736 | +    27,297 
|      |         |             |             
|      | 19,103  | -       621 | -     1,248 
|      | 5,174   | +       316 | +     1,581 
|      | 164     | 0           | -         1 
|(1)   | 381     | +         7 | +        15 
|(1)   | 24,822  | -       298 | +       347 
|(494) | 10,050  | +     3,437 | +       930 
|      | 4,682   | -        80 | +       411 
|(495) | 477,626 | +     4,795 | +    28,985 
|      |         |             |             
|      |         |             |             
|      | 5,252   | +         7 | +       719 
|      | 4,389   | 0           | +       528 
|      | 1,277   | +        17 | +       281 

`*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 Includes $ 1,550 million of inflation-indexed securities valued at the original face amount and  $ 13 million of compensation that adjusts for the effects of inflation   on the principal of such securities.3 Net of $ 14,504 million matched sale-purchase transactions outstanding at the end of the latest statement week.  Includes   $ 179 million securities loaned--fully secured by U.S. government securities.4 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.  Includes special investment account   at Chicago of $ 150 million in Treasury bills maturing within 90 days.5 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 15, 1997Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements.Millions of dollars`

|    | Loans | Acceptances |                  | U.S. government securities (1) | Federal agencyobligations
|--- | ----- | ----------- | ---------------- | ------------------------------ | -------------------------
|
|43  | 0     | 20,717      | +            548 | 955                            | -            887         
|195 | 0     | 91,089      | +          4,512 | 26                             | -             35         
|0   | 0     | 134,293     | -          5,574 | 202                            | 0                        
|    |       | 91,356      | -            600 | 203                            | 0                        
|    |       | 38,429      | +            771 | 255                            | 0                        
|    |       | 45,389      | +            648 | 25                             | 0                        
|238 | 0     | 421,273     | +            305 | 1666                           | -            921         

`1 Includes $ 1,550 million of inflation-indexed securities valued at the original face amount and $ 13 million of compensation that adjusts for the effects of   inflation on the principal of such securities.Components may not add to totals due to rounding.H.4.1 (b)STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 15, 1997Millions of dollars`

|ASSETS  | Total  | Boston  | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | KansasCity | Dallas | SanFrancisco
|------- | ------ | ------- | -------- | ------------ | --------- | -------- | ------- | ------- | --------- | ----------- | ---------- | ------ | ------------
|11,050  | 624    | 3,937   | 350      | 669          | 965       | 723      | 1,069   | 401     | 147       | 286         | 459        | 1,420 
|9,200   | 530    | 3,202   | 282      | 574          | 792       | 602      | 900     | 340     | 123       | 247         | 367        | 1,241 
|524     | 23     | 20      | 53       | 33           | 70        | 64       | 64      | 19      | 22        | 31          | 47         | 76    
|        |        |         |          |              |           |          |         |         |           |             |            |       
|238     | 2      | 0       | 11       | 2            | 0         | 4        | 36      | 59      | 81        | 39          | 3          | 2     
|0       | 0      | 0       | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|        |        |         |          |              |           |          |         |         |           |             |            |       
|761     | 46     | 246     | 25       | 53           | 72        | 51       | 81      | 30      | 11        | 22          | 28         | 96    
|905     | 0      | 905     | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|        |        |         |          |              |           |          |         |         |           |             |            |       
|195,100 | 11,894 | 63,105  | 6,522    | 13,495       | 18,563    | 13,019   | 20,810  | 7,771   | 2,717     | 5,571       | 7,085      | 24,547
|163,074 | 9,941  | 52,747  | 5,452    | 11,280       | 15,516    | 10,882   | 17,394  | 6,495   | 2,271     | 4,656       | 5,922      | 20,517
|56,059  | 3,417  | 18,132  | 1,874    | 3,878        | 5,334     | 3,741    | 5,980   | 2,233   | 781       | 1,601       | 2,036      | 7,053 
|414,233 | 25,253 | 133,984 | 13,848   | 28,653       | 39,413    | 27,642   | 44,184  | 16,498  | 5,769     | 11,828      | 15,043     | 52,117
|7,040   | 0      | 7,040   | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|421,273 | 25,253 | 141,024 | 13,848   | 28,653       | 39,413    | 27,642   | 44,184  | 16,498  | 5,769     | 11,828      | 15,043     | 52,117
|423,177 | 25,301 | 142,175 | 13,884   | 28,708       | 39,485    | 27,696   | 44,301  | 16,587  | 5,861     | 11,889      | 15,074     | 52,215
|        |        |         |          |              |           |          |         |         |           |             |            |       
|12,794  | 757    | 1,597   | 412      | 568          | 1,088     | 1,429    | 913     | 593     | 1,185     | 610         | 738        | 2,905 
|1,271   | 94     | 153     | 50       | 125          | 126       | 77       | 108     | 31      | 143       | 55          | 150        | 159   
|31,022  | 1,307  | 9,805   | 1,419    | 1,863        | 2,357     | 2,377    | 3,334   | 861     | 580       | 987         | 1,405      | 4,728 
|-0      | -2791  | 20516   | -2279    | -2084        | -7710     | -2090    | -3440   | -1735   | -1486     | 362         | 3937       | -1202 
|489,038 | 25,846 | 181,405 | 14,171   | 30,457       | 37,173    | 30,879   | 47,249  | 17,096  | 6,574     | 14,467      | 22,178     | 61,542

`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 was outstanding at the end of the latest statement week.2 Includes $ 1,550 million of inflation-indexed securities valued at the original face amount and $ 13 million of compensation that adjusts for the effects of inflation  on the principal of such securities.3 Net of $ 14,504 million matched sale-purchase transactions outstanding at the end of the latest statement week.  Includes $ 179 million   securities loaned--fully secured by U.S. government securities.4 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.  Includes special investment account at Chicago of    $ 150 million in Treasury bills maturing within 90 days.Components may not add to totals due to rounding.H.4.1 (c)STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 15, 1997Millions of dollars`

|LIABILITIES | Total  | Boston  | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | KansasCity | Dallas | SanFrancisco
|----------- | ------ | ------- | -------- | ------------ | --------- | -------- | ------- | ------- | --------- | ----------- | ---------- | ------ | ------------
|438,072     | 23,296 | 165,423 | 12,089   | 28,133       | 33,098    | 27,276   | 42,449  | 15,598  | 4,429     | 12,650      | 19,662     | 53,968
|            |        |         |          |              |           |          |         |         |           |             |            |       
|19,103      | 1,230  | 5,656   | 977      | 759          | 981       | 1,521    | 2,207   | 684     | 747       | 749         | 1,322      | 2,269 
|5,174       | 0      | 5,174   | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|164         | 5      | 53      | 9        | 9            | 10        | 13       | 17      | 4       | 3         | 5           | 8          | 28    
|381         | 1      | 108     | 4        | 4            | 102       | 3        | 152     | 0       | 1         | 4           | 1          | 1     
|24,823      | 1,237  | 10,991  | 990      | 771          | 1,093     | 1,538    | 2,376   | 688     | 751       | 759         | 1,332      | 2,298 
|10,545      | 642    | 1,217   | 344      | 492          | 902       | 985      | 881     | 393     | 902       | 589         | 445        | 2,755 
|4,682       | 280    | 1,461   | 183      | 310          | 434       | 328      | 491     | 196     | 98        | 164         | 186        | 551   
|478,121     | 25,454 | 179,092 | 13,605   | 29,706       | 35,526    | 30,126   | 46,196  | 16,874  | 6,181     | 14,162      | 21,625     | 59,573
|            |        |         |          |              |           |          |         |         |           |             |            |       
|            |        |         |          |              |           |          |         |         |           |             |            |       
|5,252       | 187    | 1,101   | 281      | 366          | 811       | 315      | 514     | 105     | 197       | 125         | 275        | 974   
|4,389       | 164    | 999     | 262      | 279          | 303       | 405      | 512     | 109     | 101       | 167         | 244        | 845   
|1,277       | 41     | 213     | 23       | 106          | 533       | 33       | 27      | 8       | 96        | 13          | 33         | 151   
|489,038     | 25,846 | 181,405 | 14,171   | 30,457       | 37,173    | 30,879   | 47,249  | 17,096  | 6,574     | 14,467      | 22,178     | 61,542
|            |        |         |          |              |           |          |         |         |           |             |            |       
|            |        |         |          |              |           |          |         |         |           |             |            |       
|            |        |         |          |              |           |          |         |         |           |             |            |       
|551,608     | 29,685 | 205,376 | 15,801   | 32,875       | 40,077    | 36,761   | 50,933  | 17,988  | 6,220     | 15,448      | 26,639     | 73,805
|113,536     | 6,389  | 39,953  | 3,712    | 4,742        | 6,979     | 9,485    | 8,484   | 2,389   | 1,790     | 2,798       | 6,977      | 19,837
|438,072     | 23,296 | 165,423 | 12,089   | 28,133       | 33,098    | 27,276   | 42,449  | 15,598  | 4,429     | 12,650      | 19,662     | 53,968
|            |        |         |          |              |           |          |         |         |           |             |            |       
|11,050      |        |         |          |              |           |          |         |         |           |             |            |       
|9,200       |        |         |          |              |           |          |         |         |           |             |            |       
|0           |        |         |          |              |           |          |         |         |           |             |            |       
|417,822     |        |         |          |              |           |          |         |         |           |             |            |       
|438,072     |        |         |          |              |           |          |         |         |           |             |            |       

`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.`

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