FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 30, 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           Aug 29, 2007 Aug 22, 2007 Aug 30, 2006 Aug 29, 2007
Federal Reserve Banks

Reserve Bank Credit                                         849,988    -   1,708    +  21,262      859,211
 Securities held outright                                   784,630    -   4,983    +  19,232      784,637       
    U.S. Treasury (1)                                       784,630    -   4,983    +  19,232      784,637
       Bills (2)                                            272,019    -   5,000    -   5,000      272,019
       Notes and bonds, nominal (2)                         472,142            0    +  13,782      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   9,734       35,753
       Inflation compensation (3)                             4,717    +      18    +     716        4,723
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    24,571    +   1,964    +     178       33,750
 Loans to depository institutions                             1,577    +      36    +   1,165        1,357
    Primary credit                                            1,315    +     115    +   1,263        1,101
    Secondary credit                                              0    -      85            0            0
    Seasonal credit                                             262    +       6    -      99          257
 Float                                                            7    +     762    +     229           33
 Other Federal Reserve assets                                39,203    +     513    +     457       39,434
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,633    +      14    +     608       38,633
       
Total factors supplying reserve funds                       901,862    -   1,694    +  21,870      911,086
                                                                   
Currency in circulation(5)                                  809,918    -   1,166    +  16,380      812,481
Reverse repurchase agreements (6)                            30,888    -     463    +   5,120       31,210
   Foreign official and international accounts               30,888    -     463    +   5,120       31,210
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          309    +      29    +     139          329
Deposits with F.R.Banks, other than reserve balances         12,289    +      55    -     140       12,122       
  U.S. Treasury, general account                              5,089    +     247    -       6        4,924
  Foreign official                                               95    -       4    +       5           95
  Service-related                                             6,853    -       5    -     127        6,853
     Required clearing balances                               6,853    -       2    -     127        6,853
     Adjustments to compensate for float                          0    -       3            0            0
  Other                                                         252    -     182    -      11          250
Other liabilities and capital                                40,717    +     274    +   5,075       40,291

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  894,122    -   1,270    +  26,575      896,434

Reserve balances with Federal Reserve Banks                   7,741    -     423    -   4,704       14,652
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,979,353    -   7,058    + 300,473    1,982,579
     U.S. Treasury                                        1,205,372    -  13,458    +  61,554    1,206,794
     Federal agency                                         773,981    +   6,399    + 238,919      775,785
  Securities lent to dealers                                  5,268    +     187    +     999        8,567   


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 Aug 29, 2007     Aug 22, 2007     Aug 30, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,014        -       3        +     233
Securities, repurchase agreements, and loans                   819,744        +   8,863        +  22,064
   Securities held outright                                    784,637        -   4,982        +  17,899
      U.S. Treasury (1)                                        784,637        -   4,982        +  17,899       
         Bills (2)                                             272,019        -   5,000        -   5,000
         Notes and bonds, nominal (2)                          472,142                0        +  12,447
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   9,734
         Inflation compensation (3)                              4,723        +      17        +     717
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    33,750        +  14,750        +   3,500    
   Loans                                                         1,357        -     905        +     664
Items in process of collection                      (716)        3,255        +     600        -     805
Bank premises                                                    2,071        +       3        +     194
Other assets (5)                                                37,450        +     555        +     279
      Total assets                                  (716)      876,771        +  10,018        +  21,965
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  775,186        +     646        +  15,180
Reverse repurchase agreements (6)                               31,210        +   1,254        +   5,126
Deposits                                              (0)       26,861        +   8,092        -   1,970       
  Depository institutions                                       21,592        +   8,510        -   1,976
  U.S. Treasury, general account                                 4,924        -     405        +       5
  Foreign official                                                  95                0        +       6
  Other                                               (0)          250        -      13        -       5
Deferred availability cash items                    (716)        3,222        +      34        -   1,240
Other liabilities and accrued dividends (7)                      6,006        -      24        +     676
      Total liabilities                             (716)      842,486        +  10,003        +  17,772
                          
Capital Accounts
Capital paid in                                                 16,847        +       6        +   1,787
Surplus                                                         15,423        +      11        +   2,522
Other capital accounts                                           2,015        -       1        -     116
      Total capital                                             34,285        +      15        +   4,193


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,    August 29, 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             257       57,974   -     686            0           0       33,750       31,210
16 days to 90 days       1,100      156,116   -   5,490            0           0            0            0
91 days to 1 year            0      174,430   +   1,176            0           0     ------      ------
Over 1 to 5 years     ------        234,428   +       7            0           0     ------      ------
Over 5 to 10 years    ------         75,489   +       3            0           0     ------      ------
Over 10 years         ------         86,200   +       8            0           0     ------      ------
                   		 	
All                      1,357      784,637   -   4,982            0           0       33,750      31,210

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    August 29, 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                                           1,014         26         56         67         95        108        138        120         46         37         76        111        134
Securities, repurchase agreements,
      and loans                              819,744     37,716    296,886     36,214     33,491     71,457     75,909     68,689     26,220     16,400     26,532     35,968     94,262
   Securities held outright                  784,637     36,161    284,115     34,713     32,110     67,983     72,773     65,813     25,078     15,655     25,399     34,474     90,364
      U.S. Treasury (1)                      784,637     36,161    284,115     34,713     32,110     67,983     72,773     65,813     25,078     15,655     25,399     34,474     90,364
         Bills (2)                           272,019     12,536     98,497     12,034     11,132     23,568     25,229     22,816      8,694      5,427      8,805     11,952     31,327
         Notes and bonds(3)                  512,618     23,624    185,618     22,678     20,978     44,414     47,544     42,997     16,384     10,228     16,594     22,523     59,036
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                33,750      1,555     12,221      1,493      1,381      2,924      3,130      2,831      1,079        673      1,093      1,483      3,887
      Loans                                    1,357          0        550          8          0        550          5         46         64         72         40         11         12
Items in process of collection                 3,971        153         64        416        341        208        318        848         92        221        291        232        788
Bank premises                                  2,071        119        218         57        155        175        230        207        100        114        234        260        203
Other assets(5)                               37,450      1,233     11,527      3,309      2,170      7,129      3,179      2,410        718        699        726        955      3,393
Interdistrict settlement account                   0    - 4,589    + 7,993    -   888    - 1,510    + 2,131    + 5,023    - 1,307    -   236    - 1,659    +   642    - 2,716    - 2,885
          Total Assets                       877,487     35,222    321,671     39,713     35,274     82,223     86,079     72,082     27,336     16,046     28,903     35,522     97,416

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    August 29, 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             994,749     37,329    356,820     41,156     38,189     81,475    110,818     80,201     29,326     17,304     30,293     57,858    113,980
  Less: notes held by F.R. Banks              219,562      5,656     71,216      7,813      8,978     15,137     32,606     14,664      3,991      3,234      3,713     25,681     26,874
    Federal Reserve notes, net                775,186     31,673    285,603     33,343     29,211     66,337     78,212     65,536     25,335     14,070     26,581     32,177     87,107
Reverse repurchase agreements (1)              31,210      1,438     11,301      1,381      1,277      2,704      2,895      2,618        998        623      1,010      1,371      3,594
Deposits                                       26,861        828     13,761        489      1,608      2,872      1,467      1,241        331        240        481        737      2,807
  Depository institutions                      21,592        825      8,603        484      1,604      2,786      1,463      1,238        330        239        479        737      2,804
  U.S. Treasury, general account                4,924          0      4,924          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 95          1         65          5          3         11          3          2          0          1          0          1          3
  Other                                           250          2        169          0          1         76          0          1          1          0          1          0          0
Deferred availability cash items                3,938        204         82        563        596        254        366        347         80        252        225        348        621
Other liabilities and accrued                 
  dividends (2)                                 6,006        262      1,834        278        276        854        562        483        221        157        207        284        587
   
    Total liabilities                         843,201     34,405    312,580     36,053     32,970     73,021     83,501     70,226     26,965     15,341     28,504     34,917     94,717
                              
Capital                    
Capital paid in                                16,847        388      4,406      1,808      1,136      4,676      1,229        897        176        350        189        287      1,306
Surplus                                        15,423        396      3,816      1,811      1,087      4,097      1,277        860        167        276        176        214      1,248
Other capital                                   2,015         34        869         41         82        429         71         99         29         78         34        103        145
     Total liabilities and capital            877,487     35,222    321,671     39,713     35,274     82,223     86,079     72,082     27,336     16,046     28,903     35,522     97,416
                              

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
                                          Aug 29, 2007
              
Federal Reserve notes outstanding             994,749
   Less: Notes held by F.R. Banks
         not subject to collateralization     219,562
      Federal Reserve Notes to be
         collateralized                       775,186 
Collateral held against Federal Reserve            
   notes                                      775,186
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              761,949
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         818,387
   Less:face value of securities under
         reverse repurchase agreements         31,249
      U.S. Treasury and agency securities
             eligible to be pledged           787,137
   

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.