FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            October 4, 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            Oct 3, 2007 Sep 26, 2007  Oct 4, 2006  Oct 3, 2007
Federal Reserve Banks

Reserve Bank Credit                                         861,582    +   2,035    +  32,175      854,970
 Securities held outright                                   779,630    -       4    +  10,704      779,624       
    U.S. Treasury (1)                                       779,630    -       4    +  10,704      779,624
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         472,142            0    +  10,351      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   9,734       35,753
       Inflation compensation (3)                             4,716    -       4    +     618        4,711
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    41,893    +   2,786    +  20,679       35,250
 Loans to depository institutions                               202    -     104    -     141          179
    Primary credit                                               27    -      61    -      13           26
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             175    -      43    -     128          153
 Float                                                       -1,047    -     870    -     701         -658
 Other Federal Reserve assets                                40,905    +     229    +   1,634       40,574
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,651    +      14    +     567       38,651
       
Total factors supplying reserve funds                       913,474    +   2,050    +  32,742      906,861
                                                                   
Currency in circulation(5)                                  811,789    +   1,935    +  20,002      814,600
Reverse repurchase agreements (6)                            35,242    +     104    +   4,744       34,542
   Foreign official and international accounts               35,242    +     104    +   4,744       34,542
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          337    +       4    +     186          340
Deposits with F.R.Banks, other than reserve balances         12,281    +     536    -   1,735       12,518       
  U.S. Treasury, general account                              5,430    +     669    -   1,220        5,645
  Foreign official                                              103    +       6    +       9           98
  Service-related                                             6,469    -     180    -     523        6,469
     Required clearing balances                               6,469    -     180    -     523        6,469
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         278    +      40    -       2          306
Other liabilities and capital                                41,351    +     201    +   5,335       40,689

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  900,999    +   2,779    +  28,532      902,690

Reserve balances with Federal Reserve Banks                  12,475    -     729    +   4,209        4,172
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,998,409    +   3,163    + 323,745    1,998,716
     U.S. Treasury                                        1,214,132    -     710    +  82,767    1,215,623
     Federal agency                                         784,277    +   3,873    + 240,979      783,093
  Securities lent to dealers                                  3,729    +     410    +   2,120        6,021   


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  Oct 3, 2007     Sep 26, 2007      Oct 4, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,120        +      15        +     272
Securities, repurchase agreements, and loans                   815,053        -  20,787        +  27,605
   Securities held outright                                    779,624        -       9        +  10,692
      U.S. Treasury (1)                                        779,624        -       9        +  10,692       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          472,142                0        +  10,351
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   9,734
         Inflation compensation (3)                              4,711        -       8        +     607
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    35,250        -  20,750        +  17,000    
   Loans                                                           179        -      28        -      88
Items in process of collection                      (823)        2,678        +      71        -   2,321
Bank premises                                                    2,103        +      13        +     202
Other assets (5)                                                38,576        -     237        +     709
      Total assets                                  (823)      872,766        -  20,925        +  26,466
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  777,405        +   2,562        +  20,312
Reverse repurchase agreements (6)                               34,542        -     770        +   5,330
Deposits                                              (0)       16,793        -  22,718        -   2,730       
  Depository institutions                                       10,744        -  23,495        -   2,131
  U.S. Treasury, general account                                 5,645        +     702        -     577
  Foreign official                                                  98        +       2        +       6
  Other                                               (0)          306        +      73        -      28
Deferred availability cash items                    (823)        3,337        +     157        -   1,514
Other liabilities and accrued dividends (7)                      6,004        -       2        +     602
      Total liabilities                             (823)      838,080        -  20,771        +  22,000
                          
Capital Accounts
Capital paid in                                                 17,290        +     143        +   2,213
Surplus                                                         15,438        +      13        +   2,537
Other capital accounts                                           1,958        -     310        -     284
      Total capital                                             34,686        -     154        +   4,466


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,    October 3, 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              47       46,514   -   5,648            0           0       35,250       34,542
16 days to 90 days         132      164,935   +   7,342            0           0            0            0
91 days to 1 year            0      169,183   -   3,182            0           0     ------      ------
Over 1 to 5 years     ------        237,311   +   1,483            0           0     ------      ------
Over 5 to 10 years    ------         75,487   -       1            0           0     ------      ------
Over 10 years         ------         86,195   -       3            0           0     ------      ------
                   		 	
All                        179      779,624   -       9            0           0       35,250      34,542

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    October 3, 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                                           1,120         37         62         81        100        119        158        128         49         40         81        119        147
Securities, repurchase agreements,
      and loans                              815,053     37,554    295,064     36,058     33,347     70,627     75,578     68,379     26,071     16,305     26,413     35,811     93,846
   Securities held outright                  779,624     35,930    282,300     34,491     31,905     67,548     72,308     65,392     24,918     15,555     25,237     34,254     89,786
      U.S. Treasury (1)                      779,624     35,930    282,300     34,491     31,905     67,548     72,308     65,392     24,918     15,555     25,237     34,254     89,786
         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)                  512,606     23,624    185,613     22,678     20,977     44,413     47,543     42,996     16,383     10,228     16,593     22,522     59,035
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                35,250      1,625     12,764      1,559      1,443      3,054      3,269      2,957      1,127        703      1,141      1,549      4,060
      Loans                                      179          0          0          7          0         25          0         30         27         47         35          8          0
Items in process of collection                 3,501        122         52        350        301        165        277        262        149        249        586        274        713
Bank premises                                  2,103        119        217         62        154        177        230        206        104        113        254        259        209
Other assets(5)                               38,576      1,279     11,908      3,286      2,232      7,321      3,291      2,499        766        725        761        995      3,513
Interdistrict settlement account                   0    - 4,458    +11,086    - 1,311    - 2,136    + 2,692    + 3,403    -   582    -   197    - 1,565    +   222    - 3,247    - 3,908
          Total Assets                       873,589     35,217    323,315     39,064     34,529     82,118     84,220     72,007     27,339     16,101     28,718     34,921     96,040

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    October 3, 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           1,001,331     37,017    364,748     40,768     38,155     81,679    111,410     79,901     29,162     17,171     30,198     57,604    113,520
  Less: notes held by F.R. Banks              223,927      5,891     72,650      8,011      8,731     15,053     35,042     14,649      3,990      3,148      3,846     25,960     26,955
    Federal Reserve notes, net                777,405     31,126    292,098     32,757     29,424     66,626     76,368     65,252     25,171     14,022     26,352     31,644     86,564
Reverse repurchase agreements (1)              34,542      1,592     12,507      1,528      1,414      2,993      3,204      2,897      1,104        689      1,118      1,518      3,978
Deposits                                       16,794        493      8,006        353        674      1,965      1,046      1,187        318        224        380        614      1,534
  Depository institutions                      10,744        486      2,121        349        671      1,831      1,042      1,184        315        223        378        613      1,530
  U.S. Treasury, general account                5,645          0      5,645          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                                           306          6        172          0          0        123          0          0          3          0          1          0          0
Deferred availability cash items                4,159        216        123        510        553        289        479        333        143        295        254        258        708
Other liabilities and accrued                 
  dividends (2)                                 6,004        271      1,796        280        274        896        561        475        225        158        213        277        576
   
    Total liabilities                         838,904     33,697    314,530     35,428     32,339     72,769     81,658     70,144     26,962     15,388     28,317     34,310     93,361
                              
Capital                    
Capital paid in                                17,290        973      4,289      1,810      1,089      4,661      1,229        909        179        353        190        297      1,310
Surplus                                        15,438        396      3,827      1,811      1,087      4,098      1,278        860        167        276        176        214      1,248
Other capital                                   1,958        150        669         14         15        590         56         93         31         84         35        100        122
     Total liabilities and capital            873,589     35,217    323,315     39,064     34,529     82,118     84,220     72,007     27,339     16,101     28,718     34,921     96,040
                              

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
                                           Oct 3, 2007
              
Federal Reserve notes outstanding           1,001,331
   Less: Notes held by F.R. Banks
         not subject to collateralization     223,927
      Federal Reserve Notes to be
         collateralized                       777,405 
Collateral held against Federal Reserve            
   notes                                      777,405
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              764,168
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         814,874
   Less:face value of securities under
         reverse repurchase agreements         34,586
      U.S. Treasury and agency securities
             eligible to be pledged           780,288
   

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.