FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           November 8, 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            Nov 7, 2007 Oct 31, 2007  Nov 8, 2006  Nov 7, 2007
Federal Reserve Banks

Reserve Bank Credit                                         864,361    +   1,666    +  29,150      871,373
 Securities held outright                                   779,603    +      35    +   9,632      779,613       
    U.S. Treasury (1)                                       779,603    +      35    +   9,632      779,613
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         470,984    -     993    +  11,919      470,984
       Notes and bonds, inflation-indexed (2)                36,911    +     993    +   7,230       36,911
       Inflation compensation (3)                             4,689    +      35    +     483        4,699
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    42,821    +   1,571    +  19,285       48,000
 Loans to depository institutions                               245    -      38    +      76        1,344
    Primary credit                                              191    +       1    +     146        1,300
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              54    -      39    -      70           44
 Float                                                         -664    +      65    -   1,294         -373
 Other Federal Reserve assets                                42,356    +      33    +   1,451       42,790
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,709    +      14    +     568       38,709
       
Total factors supplying reserve funds                       916,311    +   1,680    +  29,718      923,323
                                                                   
Currency in circulation(5)                                  815,786    +   2,704    +  18,447      819,409
Reverse repurchase agreements (6)                            37,290    -     841    +   5,125       36,358
   Foreign official and international accounts               37,290    -     841    +   5,125       36,358
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          298    -      10    +     108          278
Deposits with F.R.Banks, other than reserve balances         12,088    +      83    -     249       11,855       
  U.S. Treasury, general account                              5,119    +     169    +      85        4,902
  Foreign official                                               98    -      71    -       2           98
  Service-related                                             6,584    -       1    -     348        6,584
     Required clearing balances                               6,584    -       1    -     348        6,584
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         287    -      14    +      15          272
Other liabilities and capital                                42,309    +     128    +   5,672       42,215

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  907,772    +   2,064    +  29,104      910,115

Reserve balances with Federal Reserve Banks                   8,539    -     384    +     614       13,208
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         2,032,571    +     311    + 336,507    2,029,132
     U.S. Treasury                                        1,237,175    +   5,697    +  92,541    1,236,921
     Federal agency                                         795,396    -   5,386    + 243,966      792,210
  Securities lent to dealers                                  7,249    -     849    +   5,599        8,211   


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  Nov 7, 2007     Oct 31, 2007      Nov 8, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,230        -      21        +     383
Securities, repurchase agreements, and loans                   828,957        +     779        +  26,714
   Securities held outright                                    779,613        +      27        +   9,188
      U.S. Treasury (1)                                        779,613        +      27        +   9,188       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          470,984                0        +  11,919
         Notes and bonds, inflation-indexed (2)                 36,911                0        +   6,806
         Inflation compensation (3)                              4,699        +      27        +     463
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    48,000        -     500        +  16,500    
   Loans                                                         1,344        +   1,252        +   1,026
Items in process of collection                      (831)        2,931        +     721        -   2,233
Bank premises                                                    2,110        -       8        +     206
Other assets (5)                                                40,765        +     829        +   1,521
      Total assets                                  (831)      889,229        +   2,300        +  26,590
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  782,204        +   4,049        +  19,021
Reverse repurchase agreements (6)                               36,358        -   1,697        +   4,871
Deposits                                             (-3)       25,068        -     847        -   2,238       
  Depository institutions                                       19,797        -     923        -   2,455
  U.S. Treasury, general account                                 4,902        +     595        +     278
  Foreign official                                                  98        -     503        -      57
  Other                                              (-3)          272        -      15        -       3
Deferred availability cash items                    (835)        3,385        +     430        -   1,065
Other liabilities and accrued dividends (7)                      5,963        +     239        +     353
      Total liabilities                             (831)      852,977        +   2,174        +  20,941
                          
Capital Accounts
Capital paid in                                                 17,953        +       6        +   2,657
Surplus                                                         15,456        +       1        +   2,555
Other capital accounts                                           2,844        +     120        +     438
      Total capital                                             36,252        +     126        +   5,649


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,   November 7, 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           1,311       44,044   -  17,052            0           0       48,000       36,358
16 days to 90 days          33      171,579   +  23,492            0           0            0            0
91 days to 1 year            0      161,289   -   3,604            0           0     ------      ------
Over 1 to 5 years     ------        241,043   -   2,825            0           0     ------      ------
Over 5 to 10 years    ------         75,480   +       5            0           0     ------      ------
Over 10 years         ------         86,178   +      11            0           0     ------      ------
                   		 	
All                      1,344      779,613   +      27            0           0       48,000      36,358

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   November 7, 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                                           1,230         39         66         88        114        136        169        139         49         42         79        130        179
Securities, repurchase agreements,
      and loans                              828,957     38,141    299,796     36,619     34,959     71,796     76,759     69,426     26,451     16,525     26,801     36,369     95,313
   Securities held outright                  779,613     35,929    282,296     34,490     31,904     67,547     72,307     65,391     24,917     15,555     25,237     34,254     89,785
      U.S. Treasury (1)                      779,613     35,929    282,296     34,490     31,904     67,547     72,307     65,391     24,917     15,555     25,237     34,254     89,785
         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)                  512,594     23,623    185,609     22,677     20,977     44,412     47,542     42,995     16,383     10,227     16,593     22,522     59,033
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                48,000      2,212     17,381      2,124      1,964      4,159      4,452      4,026      1,534        958      1,554      2,109      5,528
      Loans                                    1,344          0        120          5      1,090         90          0          9          0         13         11          7          0
Items in process of collection                 3,763        132         70        278        419        258        363        341        162        282        246        323        886
Bank premises                                  2,110        119        216         62        154        178        230        206        107        113        259        258        209
Other assets(5)                               40,765      1,365     12,597      3,441      2,350      7,655      3,493      2,655        827        769        817      1,066      3,730
Interdistrict settlement account                   0    - 3,988    +13,224    - 1,183    - 2,858    + 2,535    -   292    -   604    + 2,799    -   607    +   604    - 3,749    - 5,881
          Total Assets                       890,061     36,373    330,896     39,843     35,669     83,575     82,005     73,278     30,793     17,358     29,208     35,107     95,956

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   November 7, 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           1,002,829     38,222    360,608     40,899     38,446     81,531    110,463     80,791     32,466     18,261     30,532     57,422    113,188
  Less: notes held by F.R. Banks              220,625      6,098     69,289      7,947      8,025     14,490     36,774     14,520      3,884      3,030      3,844     25,653     27,069
    Federal Reserve notes, net                782,204     32,124    291,319     32,952     30,421     67,041     73,688     66,271     28,582     15,231     26,688     31,769     86,119
Reverse repurchase agreements (1)              36,358      1,676     13,165      1,608      1,488      3,150      3,372      3,050      1,162        725      1,177      1,597      4,187
Deposits                                       25,064        412     15,620        766        668      2,031      1,151      1,243        359        230        400        556      1,629
  Depository institutions                      19,797        409     10,483        761        664      1,922      1,148      1,241        357        229        398        559      1,625
  U.S. Treasury, general account                4,902          0      4,902          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 98          1         68          5          3         11          3          2          0          1          0          1          3
  Other                                           268          2        168          0          0         98          0          0          1          0          1         -3          0
Deferred availability cash items                4,220        203         94        541        591        344        390        375         88        289        344        218        744
Other liabilities and accrued                 
  dividends (2)                                 5,963        267      1,746        283        273        951        563        473        218        156        197        274        562
   
    Total liabilities                         853,809     34,682    321,943     36,150     33,441     73,517     79,165     71,411     30,408     16,631     28,805     34,414     93,241
                              
Capital                    
Capital paid in                                17,953        981      4,296      1,813      1,089      5,093      1,410        872        180        354        190        361      1,313
Surplus                                        15,456        396      3,842      1,811      1,087      4,099      1,278        861        167        276        176        214      1,248
Other capital                                   2,844        314        816         68         51        866        152        134         38         97         36        118        154
     Total liabilities and capital            890,061     36,373    330,896     39,843     35,669     83,575     82,005     73,278     30,793     17,358     29,208     35,107     95,956
                              

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
                                           Nov 7, 2007
              
Federal Reserve notes outstanding           1,002,829
   Less: Notes held by F.R. Banks
         not subject to collateralization     220,625
      Federal Reserve Notes to be
         collateralized                       782,204 
Collateral held against Federal Reserve            
   notes                                      782,204
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              768,967
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         827,613
   Less:face value of securities under
         reverse repurchase agreements         36,441
      U.S. Treasury and agency securities
             eligible to be pledged           791,171
   

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.