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 19, 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 18, 2000 Oct 11, 2000 Oct 20, 1999 Oct 18, 2000

Reserve Bank Credit                                         561,873    +     166    +  17,409      565,646
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    509,485    -   2,600    +  18,578      510,168
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                             130            0    -      68          130
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      14,330    +   3,391    -   3,793       18,843
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                           299    +     263    +     284           12
    Seasonal credit                                             301    -      24    +      77          290
    Extended credit                                               0            0            0            0
   Float                                                      1,174    -   1,418    +     621         -150
   Other F.R. assets                                         36,154    +     554    +   1,710       36,352
Gold stock                                                   11,046            0    -       4       11,046
Special drawing rights certificate account                    3,200            0    -   4,000        3,200
Treasury currency outstanding                                30,437    +      14    +   2,883       30,437
        Total factors supplying reserve funds               606,556    +     180    +  16,288      610,329
                                                                   
Currency in circulation*                                    571,907    -     522    +  20,208      571,964
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         256    +      54    +     162          289
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    5,170    -     154    -     251        5,149
  Foreign                                                       108    +      19    -      79           87
  Service-related balances and adjustments (5)                6,614    -     100    -     482        6,614
  Other                                                         250    -      19    -      41          269
Other F.R. liabilities and capital                           15,427    +     221    -   2,905       15,652
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             599,732    -     501    +  16,611      600,024

Reserve balances with F.R. Banks  (6)                         6,824    +     681    -     323       10,305
                                                                
On   October 18, 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 $    689,632 million, a change of $  -   4,941 million for the week. The total includes
$    593,453 million of U.S. government securities and $     96,179 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 $     16,681 million (daily average over statement week) and $     16,007 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     16,351 million (daily average)
   and $     16,007 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $      1,986 million (daily average) and $        613 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 
   $        434 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 $      6,353 million and adjustments of $        261 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 18, 2000     Oct 11, 2000     Oct 20, 1999
                ASSETS
Gold certificate account                                        11,046                0        -       4
Special drawing rights certificate account                       3,200                0        -   4,000
Coin                                                               824        +       1        +     507
Loans                                                              303        -      41        +      75
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           18,843        +   7,303        -   4,707
Federal agency obligations (2)          
  Bought outright                                                  130                0        -      68
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       182,609        -   2,505        -  17,060
                   Notes (3)                                   235,727        +       1        +  24,457
                   Bonds (4)                                    91,833        +     500        +  11,405
    Total bought outright (5)                                  510,168        -   2,005        +  18,801
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          510,168        -   2,005        +  18,801
       Total loans and securities                              529,444        +   5,257        +  14,101
                          
Items in process of collection                    (1,107)        8,495        -   6,382        +     839
Bank premises                                                    1,433        +       1        +      91
Other assets (6)                                                34,914        +     387        +   1,689
                TOTAL ASSETS                      (1,107)      589,355        -     738        +  13,223
                          
                LIABILITIES
Federal Reserve notes                                          542,639        -   1,583        +  16,712
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       17,471        +   3,922        -   2,162
  U.S. Treasury--general account                                 5,149        -   1,013        +     224
  Foreign--official accounts                                        87        +       2        -      80
    Other                                             (0)          269        +      16        -      42
      Total deposits                                  (0)       22,976        +   2,926        -   2,059
Deferred availability cash items                  (1,107)        8,088        -   2,739        +     909
Other liabilities and accrued dividends (7)                      4,295        +       8        -     168
                TOTAL LIABILITIES                 (1,107)      577,998        -   1,388        +  15,394
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  6,982        +      37        +     645
Surplus                                                          2,679                0        -   3,273
Other capital accounts                                           1,697        +     614        +     458

*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 
   $         91 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     16,007 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $        613 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 18, 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             286       17,280   -   2,353            0           0       12,843           0
16 to 90 days               16      111,121   -   1,526            0           0        6,000           0
91 days to 1 year            0      125,994   +   1,373            0           0     ------      ------
Over 1 to 5 years                   130,581           0           30           0     ------      ------
Over 5 to 10 years                   53,529           0          100           0     ------      ------
Over 10 years                        71,663   +     500            0           0     ------      ------
                   		 	
Total                      303      510,168   -   2,005          130           0       18,843           0

1  Includes $      6,395 million of inflation-indexed securities valued at the original face amount and 
   $        434 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 18, 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                                             824         25         68         48         52        103        104         95         41         27         58         66        137
                       
Loans                                            303          5          0          0          0          1         13         70         68         70         66         10          2
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          18,843          0     18,843          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                     182,609     10,483     70,487      7,606     10,219     10,720     12,155     21,843      6,937        769      6,085      5,403     19,902
                   Notes (3)                 235,727     13,533     90,991      9,818     13,192     13,838     15,691     28,196      8,955        992      7,855      6,975     25,692
                   Bonds (4)                  91,833      5,272     35,448      3,825      5,139      5,391      6,113     10,985      3,488        387      3,060      2,717     10,009
     Total bought outright(5)                510,168     29,288    196,926     21,249     28,550     29,948     33,958     61,024     19,380      2,148     17,001     15,095     55,603
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             510,168     29,288    196,926     21,249     28,550     29,948     33,958     61,024     19,380      2,148     17,001     15,095     55,603
       Total loans and securities            529,444     29,300    215,819     21,254     28,557     29,956     33,980     61,109     19,452      2,218     17,072     15,108     55,619
                       
Items in process of collection                 9,602        612      1,686        328        504        766        716        613        453        552        576        599      2,197
Bank premises                                  1,433         94        166         50        156        125        228        105         33        126         49        138        166
Other assets(5)                               34,914      1,670     11,767      1,265      2,042      5,242      2,273      3,391      1,036        681      1,011      1,091      3,444
Interdistrict settlement account                   0    +   806    +10,780    -   818    + 1,815    + 1,690    + 1,898    - 4,187    -   952    -   531    -   934    - 4,813    - 4,754
          TOTAL ASSETS                       590,462     33,208    245,984     22,660     33,796     38,845     40,242     62,498     20,527      3,275     18,269     12,846     58,311

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  $         91 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     16,007 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $        613 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 18, 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                         542,639     30,927    232,086     21,331     30,812     32,629     37,172     57,612     19,116      1,185     16,416     10,995     52,357
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      17,471        739      3,261        360      1,524      2,470      1,049      2,742        718        936        951      1,026      1,696
  U.S. Treasury--general account                5,149          0      5,149          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                       87          1         63          1          2          8          2          3          1          1          1          1          3
  Other                                           269          0        161          1          3         98          0          1          0          0          1          1          1
    Total deposits                             22,976        741      8,634        362      1,529      2,577      1,052      2,745        719        937        953      1,028      1,699
Deferred credit items                           9,195        651      1,075        391        471        878        903        624        263        598        440        358      2,541
Other liabilities and accrued                 
  dividends (2)                                 4,295        252      1,469        192        260        307        325        484        177         68        166        156        440
    TOTAL LIABILITIES                         579,105     32,571    243,264     22,276     33,072     36,390     39,452     61,465     20,275      2,788     17,976     12,538     57,038
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 6,982        368      1,493        237        460      1,685        491        615        139        357        178        188        772
Surplus                                         2,679        120        552         83        185        705        192        241         66         98         75         88        275
Other capital accounts                          1,697        148        676         64         79         66        108        177         47         32         41         33        226
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              590,462     33,208    245,984     22,660     33,796     38,845     40,242     62,498     20,527      3,275     18,269     12,846     58,311
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        762,123     37,244    305,283     31,852     37,317     52,245     61,106     70,440     23,725      9,798     21,788     32,961     78,362
  Less--Held by F.R. Banks                    219,484      6,317     73,197     10,520      6,505     19,617     23,934     12,829      4,610      8,613      5,371     21,966     26,005
  F.R. notes, net                             542,639     30,927    232,086     21,331     30,812     32,629     37,172     57,612     19,116      1,185     16,416     10,995     52,357
Collateral held against F.R. notes            
   Gold certificate account                    11,046
   Special drawing rights                 
     certificate account                        3,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        528,393
     Total collateral                         542,639

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.