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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                                                                                                May 1,  1997Millions of dollars`

|        | Averages of daily figures
|------- | -------------------------
|
|
|466,380 | +      20,517            
|        |                          
|401,462 | +         742            
|28,701  | +      18,519            
|        |                          
|1,972   | -          12            
|691     | -          39            
|0       | 0                        
|        |                          
|119     | -         116            
|114     | +          19            
|0       | 0                        
|837     | -          52            
|32,483  | +       1,456            
|11,052  | 0                        
|9,200   | 0                        
|25,219  | +          14            
|511,851 | +      20,531            
|        |                          
|445,555 | -         260            
|305     | -           3            
|        |                          
|32,937  | +      24,277            
|187     | +          23            
|7,090   | -          19            
|337     | -          14            
|15,243  | +         217            
|501,654 | +      24,221            
|        |                          
|10,197  | -       3,690            

`On   April 30, 1997,  the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreignofficial and international accounts was $ 648,245 million, a change of + $ 1,484 million for the week.  The total includes the facevalue of U.S. Treasury strips and other zero coupon bonds.1  Net of $ 13,651 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which    a net of $ 13,651 million was with foreign official and international accounts.  Includes securities loaned--fully secured by U.S.   government securities.2 Net of $ 13,974 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of   $ 13,974 million was with foreign official and international accounts.  Includes $ 236 million securities loaned--fully   secured U.S. government securities.3 Includes $ 750 million of inflation-indexed securities valued at the original face amount and $ 5 million of compensation that adjusts for the effects of   inflation on the principal of such securities.4 Consists of required clearing balances of $ 6,919 million and adjustments of $ 171 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
|----- | ------- | ----------- | ------------
|
|      | 11,051  | 0           | 0           
|      | 9,200   | 0           | -       968 
|      | 619     | -        15 | +        45 
|      |         |             |             
|      | 156     | -     1,112 | +        64 
|      | 0       | 0           | 0           
|      |         |             |             
|      | 1,970   | -        14 | -       474 
|      | 989     | -     1,045 | -       261 
|      |         |             |             
|      | 195,034 | -       567 | +    12,008 
|      | 156,079 | +     1,925 | +     5,977 
|      | 51,399  | 0           | +     4,957 
|      | 402,513 | +     1,358 | +    22,942 
|      | 50,378  | +    29,306 | +    46,677 
|      | 452,891 | +    30,664 | +    69,619 
|      | 456,006 | +    28,493 | +    68,948 
|      |         |             |             
|(436) | 6,294   | -       715 | -       156 
|      | 1,238   | -        10 | +        80 
|      | 32,025  | +     1,357 | +     1,188 
|(436) | 516,434 | +    29,110 | +    69,137 
|      |         |             |             
|      |         |             |             
|      | 422,329 | +       362 | +    27,831 
|      |         |             |             
|      | 20,534  | -     7,387 | -     1,182 
|      | 52,215  | +    36,352 | +    40,248 
|      | 169     | +        12 | -        19 
|      | 348     | +        25 | -        65 
|      | 73,266  | +    29,003 | +    38,982 
|(436) | 5,862   | -       240 | -       413 
|      | 5,551   | +       511 | +     1,487 
|(436) | 507,008 | +    29,636 | +    67,887 
|      |         |             |             
|      |         |             |             
|      | 4,796   | +         3 | +       772 
|      | 4,475   | -        20 | +       518 
|      | 155     | -       509 | -        40 

`*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 $ 750 million of inflation-indexed securities valued at the original face amount and  $ 5 million of compensation that adjusts for the effects of inflation  on the principal of such securities.3 Net of $ 13,974 million matched sale-purchase transactions outstanding at the end of the latest statement week.  Includes   $ 236 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 $ 97 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, APRIL 30, 1997Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximummaturity of the agreements.Millions of dollars`

|    | Loans | Acceptances |                  | U.S. government securities (1) | Federal agencyobligations
|--- | ----- | ----------- | ---------------- | ------------------------------ | -------------------------
|
|106 | 0     | 68,449      | +         31,856 | 1141                           | -           1059         
|50  | 0     | 90,660      | +          1,438 | 604                            | 0                        
|0   | 0     | 120,653     | -          4,834 | 327                            | +             14         
|    |       | 94,000      | +          2,203 | 416                            | -             14         
|    |       | 37,012      | +              1 | 447                            | 0                        
|    |       | 42,117      | 0                | 25                             | 0                        
|156 | 0     | 452,891     | +         30,664 | 2959                           | -           1059         

`1 Includes $ 750 million of inflation-indexed securities valued at the original face amount and $ 5 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 APRIL 30, 1997Millions of dollars`

|ASSETS  | Total  | Boston  | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | KansasCity | Dallas | SanFrancisco
|------- | ------ | ------- | -------- | ------------ | --------- | -------- | ------- | ------- | --------- | ----------- | ---------- | ------ | ------------
|11,051  | 624    | 3,938   | 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 
|619     | 15     | 33      | 69       | 29           | 93        | 65       | 80      | 25      | 27        | 53          | 47         | 81    
|        |        |         |          |              |           |          |         |         |           |             |            |       
|156     | 10     | 0       | 6        | 0            | 0         | 5        | 31      | 24      | 40        | 23          | 2          | 16    
|0       | 0      | 0       | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|        |        |         |          |              |           |          |         |         |           |             |            |       
|1,970   | 120    | 637     | 66       | 136          | 187       | 131      | 210     | 78      | 27        | 56          | 72         | 248   
|989     | 0      | 989     | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|        |        |         |          |              |           |          |         |         |           |             |            |       
|195,034 | 11,890 | 63,084  | 6,520    | 13,491       | 18,557    | 13,015   | 20,803  | 7,768   | 2,716     | 5,569       | 7,083      | 24,538
|156,079 | 9,515  | 50,484  | 5,218    | 10,796       | 14,850    | 10,415   | 16,648  | 6,216   | 2,174     | 4,457       | 5,668      | 19,637
|51,399  | 3,133  | 16,625  | 1,718    | 3,555        | 4,890     | 3,430    | 5,482   | 2,047   | 716       | 1,468       | 1,867      | 6,467 
|402,513 | 24,538 | 130,193 | 13,456   | 27,842       | 38,298    | 26,860   | 42,934  | 16,032  | 5,606     | 11,493      | 14,618     | 50,643
|50,378  | 0      | 50,378  | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|452,891 | 24,538 | 180,571 | 13,456   | 27,842       | 38,298    | 26,860   | 42,934  | 16,032  | 5,606     | 11,493      | 14,618     | 50,643
|456,006 | 24,668 | 182,197 | 13,528   | 27,979       | 38,485    | 26,997   | 43,175  | 16,134  | 5,673     | 11,572      | 14,691     | 50,907
|        |        |         |          |              |           |          |         |         |           |             |            |       
|6,731   | 390    | 893     | 287      | 298          | 456       | 858      | 523     | 273     | 452       | 326         | 363        | 1,610 
|1,238   | 95     | 153     | 50       | 110          | 127       | 73       | 109     | 30      | 124       | 55          | 152        | 160   
|32,025  | 1,264  | 11,380  | 1,386    | 1,803        | 2,314     | 2,324    | 3,185   | 831     | 563       | 1,011       | 1,367      | 4,596 
|-0      | -823   | 9218    | -1376    | -1774        | -4182     | -5087    | -3276   | -1524   | -91       | -689        | 4884       | 4719  
|516,871 | 26,764 | 211,015 | 14,575   | 29,688       | 39,050    | 26,556   | 45,765  | 16,511  | 7,020     | 12,863      | 22,330     | 64,734

`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 $ 750 million of inflation-indexed securities valued at the original face amount and $ 5 million of compensation that adjusts for the effects of inflation  on the principal of such securities.3 Net of $ 13,974 million matched sale-purchase transactions outstanding at the end of the latest statement week.  Includes $ 236 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   $ 97 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 APRIL 30, 1997Millions of dollars`

|LIABILITIES | Total  | Boston  | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | KansasCity | Dallas | SanFrancisco
|----------- | ------ | ------- | -------- | ------------ | --------- | -------- | ------- | ------- | --------- | ----------- | ---------- | ------ | ------------
|422,329     | 23,626 | 149,586 | 12,914   | 27,541       | 36,012    | 23,050   | 41,473  | 15,181  | 5,106     | 11,310      | 19,552     | 56,978
|            |        |         |          |              |           |          |         |         |           |             |            |       
|20,534      | 2,096  | 3,707   | 689      | 1,010        | 1,341     | 1,502    | 2,050   | 684     | 1,101     | 654         | 1,792      | 3,906 
|52,215      | 0      | 52,215  | 0        | 0            | 0         | 0        | 0       | 0       | 0         | 0           | 0          | 0     
|169         | 5      | 58      | 9        | 9            | 10        | 13       | 17      | 4       | 3         | 5           | 8          | 28    
|348         | 1      | 120     | 0        | 6            | 84        | 25       | 101     | 1       | 1         | 2           | 3          | 3     
|73,266      | 2,103  | 56,100  | 698      | 1,026        | 1,436     | 1,541    | 2,168   | 688     | 1,105     | 662         | 1,803      | 3,937 
|6,298       | 367    | 822     | 235      | 236          | 504       | 744      | 567     | 220     | 483       | 377         | 282        | 1,463 
|5,551       | 280    | 2,345   | 182      | 308          | 421       | 330      | 488     | 194     | 97        | 167         | 186        | 552   
|507,445     | 26,375 | 208,854 | 14,029   | 29,110       | 38,372    | 25,664   | 44,696  | 16,283  | 6,792     | 12,516      | 21,823     | 62,930
|            |        |         |          |              |           |          |         |         |           |             |            |       
|            |        |         |          |              |           |          |         |         |           |             |            |       
|4,796       | 195    | 1,080   | 282      | 284          | 341       | 465      | 554     | 115     | 117       | 179         | 260        | 922   
|4,475       | 168    | 1,023   | 263      | 286          | 310       | 415      | 515     | 112     | 104       | 168         | 247        | 865   
|155         | 26     | 58      | 0        | 8            | 27        | 11       | 0       | 1       | 7         | 0           | 0          | 17    
|516,871     | 26,764 | 211,015 | 14,575   | 29,688       | 39,050    | 26,556   | 45,765  | 16,511  | 7,020     | 12,863      | 22,330     | 64,734
|            |        |         |          |              |           |          |         |         |           |             |            |       
|            |        |         |          |              |           |          |         |         |           |             |            |       
|            |        |         |          |              |           |          |         |         |           |             |            |       
|529,350     | 29,698 | 193,572 | 16,057   | 30,656       | 42,363    | 31,783   | 49,037  | 17,882  | 6,519     | 13,204      | 24,995     | 73,584
|107,022     | 6,072  | 43,985  | 3,144    | 3,115        | 6,351     | 8,734    | 7,564   | 2,701   | 1,413     | 1,895       | 5,443      | 16,606
|422,329     | 23,626 | 149,586 | 12,914   | 27,541       | 36,012    | 23,050   | 41,473  | 15,181  | 5,106     | 11,310      | 19,552     | 56,978
|            |        |         |          |              |           |          |         |         |           |             |            |       
|11,051      |        |         |          |              |           |          |         |         |           |             |            |       
|9,200       |        |         |          |              |           |          |         |         |           |             |            |       
|0           |        |         |          |              |           |          |         |         |           |             |            |       
|402,077     |        |         |          |              |           |          |         |         |           |             |            |       
|422,329     |        |         |          |              |           |          |         |         |           |             |            |       

`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.`

---