FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 18, 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 17, 2007 Oct 10, 2007 Oct 18, 2006 Oct 17, 2007
Federal Reserve Banks

Reserve Bank Credit                                         858,089    -     226    +  26,495      855,421
 Securities held outright                                   779,597    -      16    +  11,020      779,591       
    U.S. Treasury (1)                                       779,597    -      16    +  11,020      779,591
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         472,142            0    +  11,339      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   9,129       35,753
       Inflation compensation (3)                             4,684    -      15    +     553        4,677
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    38,500    +     429    +  15,714       36,250
 Loans to depository institutions                               240    -      17    +      10          108
    Primary credit                                              126    +      13    +      92           10
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             114    -      30    -      83           98
 Float                                                       -1,471    -     956    -   1,004       -1,816
 Other Federal Reserve assets                                41,223    +     334    +     755       41,289
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,679    +      14    +     571       38,679
       
Total factors supplying reserve funds                       910,009    -     212    +  27,066      907,341
                                                                   
Currency in circulation(5)                                  814,508    -   1,656    +  19,656      814,867
Reverse repurchase agreements (6)                            34,404    +      55    +   2,980       35,087
   Foreign official and international accounts               34,404    +      55    +   2,980       35,087
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          335    -       5    +     170          324
Deposits with F.R.Banks, other than reserve balances         12,113    +     805    -      57       12,095       
  U.S. Treasury, general account                              5,080    +     701    +     225        5,105
  Foreign official                                               97            0    -       7           97
  Service-related                                             6,578    +     108    -     337        6,578
     Required clearing balances                               6,578    +     108    -     337        6,578
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         357    -       5    +      60          315
Other liabilities and capital                                41,592    +     471    +   5,512       41,364

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  902,953    -     329    +  28,261      903,737

Reserve balances with Federal Reserve Banks                   7,056    +     117    -   1,195        3,604
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         2,018,234    +  14,371    + 332,716    2,024,595
     U.S. Treasury                                        1,230,231    +   8,396    +  84,707    1,236,887
     Federal agency                                         788,003    +   5,975    + 248,009      787,708
  Securities lent to dealers                                  5,874    +   2,818    +   4,874        8,354   


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 17, 2007     Oct 10, 2007     Oct 18, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,179        +      36        +     349
Securities, repurchase agreements, and loans                   815,949        -  13,832        +  26,144
   Securities held outright                                    779,591        -      17        +  12,940
      U.S. Treasury (1)                                        779,591        -      17        +  12,940       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          472,142                0        +  14,084
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   8,323
         Inflation compensation (3)                              4,677        -      17        +     534
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    36,250        -  13,750        +  13,500    
   Loans                                                           108        -      65        -     296
Items in process of collection                      (684)        1,377        -   3,294        -   2,880
Bank premises                                                    2,105        +       2        +     206
Other assets (5)                                                39,278        +     192        +   1,128
      Total assets                                  (684)      873,124        -  16,897        +  24,946
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  777,686        -   2,062        +  18,941
Reverse repurchase agreements (6)                               35,087        +     663        +   2,192
Deposits                                              (0)       15,793        -  14,536        -     203       
  Depository institutions                                       10,276        -  15,262        +     197
  U.S. Treasury, general account                                 5,105        +     939        -     435
  Foreign official                                                  97                0        +       6
  Other                                               (0)          315        -     214        +      28
Deferred availability cash items                    (684)        3,193        -   1,520        -   1,478
Other liabilities and accrued dividends (7)                      5,925        -      83        +     433
      Total liabilities                             (684)      837,684        -  17,539        +  19,885
                          
Capital Accounts
Capital paid in                                                 17,736        +     445        +   2,640
Surplus                                                         15,438                0        +   2,537
Other capital accounts                                           2,266        +     196        -     116
      Total capital                                             35,440        +     641        +   5,061


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 17, 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             101       55,399   +   8,844            0           0       36,250       35,087
16 days to 90 days           7      159,545   -   6,099            0           0            0            0
91 days to 1 year            0      166,660   -   1,772            0           0     ------      ------
Over 1 to 5 years     ------        236,325   -     980            0           0     ------      ------
Over 5 to 10 years    ------         75,481   -       3            0           0     ------      ------
Over 10 years         ------         86,181   -       7            0           0     ------      ------
                   		 	
All                        108      779,591   -      17            0           0       36,250      35,087

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 17, 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                                           1,179         43         65         86        103        122        164        131         47         45         86        125        163
Securities, repurchase agreements,
      and loans                              815,949     37,599    295,414     36,098     33,387     70,686     75,668     68,443     26,092     16,312     26,434     35,852     93,966
   Securities held outright                  779,591     35,928    282,288     34,489     31,903     67,545     72,305     65,390     24,916     15,555     25,236     34,253     89,782
      U.S. Treasury (1)                      779,591     35,928    282,288     34,489     31,903     67,545     72,305     65,390     24,916     15,555     25,236     34,253     89,782
         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)                  512,572     23,622    185,601     22,676     20,976     44,410     47,540     42,993     16,382     10,227     16,592     22,521     59,031
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                36,250      1,671     13,126      1,604      1,483      3,141      3,362      3,041      1,159        723      1,173      1,593      4,175
      Loans                                      108          0          0          5          0          0          1         13         16         34         24          7          9
Items in process of collection                 2,061        110         53        286        108        121         30        227        134        192        113        200        489
Bank premises                                  2,105        119        217         62        154        177        230        206        104        113        252        259        212
Other assets(5)                               39,278      1,313     12,158      3,326      2,266      7,406      3,327      2,549        796        737        783      1,024      3,593
Interdistrict settlement account                   0    - 3,556    + 9,922    -   938    - 1,758    + 2,954    + 2,348    -    52    -   349    - 1,465    +   706    - 3,497    - 4,315
          Total Assets                       873,808     36,191    322,756     39,457     34,792     82,481     83,051     72,619     27,220     16,165     28,774     34,673     95,628

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 17, 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           1,001,313     38,177    363,470     40,839     38,135     81,778    111,433     80,465     29,123     17,172     30,201     57,351    113,169
  Less: notes held by F.R. Banks              223,626      6,013     71,389      7,992      8,451     15,100     36,282     14,528      4,064      3,114      3,777     25,931     26,987
    Federal Reserve notes, net                777,686     32,164    292,081     32,847     29,685     66,678     75,151     65,936     25,058     14,058     26,424     31,420     86,182
Reverse repurchase agreements (1)              35,087      1,617     12,705      1,552      1,436      3,040      3,254      2,943      1,121        700      1,136      1,542      4,041
Deposits                                       15,793        388      7,276        662        695      1,665      1,041      1,030        328        227        371        564      1,544
  Depository institutions                      10,276        386      1,941        657        691      1,510      1,038      1,027        326        226        370        564      1,540
  U.S. Treasury, general account                5,105          0      5,105          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 97          1         67          5          3         11          3          2          0          1          0          1          3
  Other                                           315          2        164          0          1        144          0          0          1          0          1          0          0
Deferred availability cash items                3,877        172         95        451        493        364        452        362        114        299        242        244        588
Other liabilities and accrued                 
  dividends (2)                                 5,925        269      1,765        280        271        910        532        470        219        161        202        275        571
   
    Total liabilities                         838,368     34,610    313,922     35,792     32,580     72,658     80,431     70,741     26,841     15,445     28,375     34,046     92,927
                              
Capital                    
Capital paid in                                17,736        973      4,292      1,814      1,089      5,093      1,229        910        179        354        190        302      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                                   2,266        212        715         40         35        632        113        107         33         91         32        111        143
     Total liabilities and capital            873,808     36,191    322,756     39,457     34,792     82,481     83,051     72,619     27,220     16,165     28,774     34,673     95,628
                              

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 17, 2007
              
Federal Reserve notes outstanding           1,001,313
   Less: Notes held by F.R. Banks
         not subject to collateralization     223,626
      Federal Reserve Notes to be
         collateralized                       777,686 
Collateral held against Federal Reserve            
   notes                                      777,686
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              764,449
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         815,841
   Less:face value of securities under
         reverse repurchase agreements         35,133
      U.S. Treasury and agency securities
             eligible to be pledged           780,708
   

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.