FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          November 15, 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 14, 2007  Nov 7, 2007 Nov 15, 2006 Nov 14, 2007
Federal Reserve Banks

Reserve Bank Credit                                         865,773    +   1,412    +  30,860      873,345
 Securities held outright                                   779,631    +      28    +   9,279      779,639       
    U.S. Treasury (1)                                       779,631    +      28    +   9,279      779,639
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         470,984            0    +  11,967      470,984
       Notes and bonds, inflation-indexed (2)                36,911            0    +   6,806       36,911
       Inflation compensation (3)                             4,718    +      29    +     507        4,726
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    43,250    +     429    +  17,464       49,500
 Loans to depository institutions                               567    +     322    +     445           60
    Primary credit                                              523    +     332    +     520           11
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              44    -      10    -      74           49
 Float                                                         -917    -     253    -     452          757
 Other Federal Reserve assets                                43,242    +     886    +   4,123       43,389
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,723    +      14    +     573       38,723
       
Total factors supplying reserve funds                       917,737    +   1,426    +  31,433      925,309
                                                                   
Currency in circulation(5)                                  821,078    +   5,292    +  21,160      821,664
Reverse repurchase agreements (6)                            35,176    -   2,114    +   2,701       34,703
   Foreign official and international accounts               35,176    -   2,114    +   2,701       34,703
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          278    -      20    +      96          276
Deposits with F.R.Banks, other than reserve balances         11,954    -     134    -     232       12,318       
  U.S. Treasury, general account                              5,143    +      24    +     183        5,540
  Foreign official                                              102    +       4    +      11           97
  Service-related                                             6,397    -     187    -     430        6,397
     Required clearing balances                               6,382    -     202    -     426        6,382
     Adjustments to compensate for float                         15    +      15    -       5           15
  Other                                                         312    +      25    +       4          284
Other liabilities and capital                                42,932    +     623    +   8,195       42,386

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  911,418    +   3,646    +  31,920      911,347

Reserve balances with Federal Reserve Banks                   6,319    -   2,220    -     487       13,962
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         2,028,735    -   3,836    + 325,011    2,033,228
     U.S. Treasury                                        1,234,478    -   2,697    +  84,894    1,237,555
     Federal agency                                         794,258    -   1,138    + 240,118      795,673
  Securities lent to dealers                                  8,096    +     847    +   7,482        7,672   


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 14, 2007      Nov 7, 2007     Nov 15, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,203        -      27        +     370
Securities, repurchase agreements, and loans                   829,200        +     243        +  23,782
   Securities held outright                                    779,639        +      26        +   9,589
      U.S. Treasury (1)                                        779,639        +      26        +   9,589       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          470,984                0        +  12,254
         Notes and bonds, inflation-indexed (2)                 36,911                0        +   6,806
         Inflation compensation (3)                              4,726        +      27        +     529
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    49,500        +   1,500        +  14,250    
   Loans                                                            60        -   1,284        -      58
Items in process of collection                    (1,294)        5,885        +   2,954        +   2,009
Bank premises                                                    2,111        +       1        +     202
Other assets (5)                                                41,386        +     621        +   7,097
      Total assets                                (1,294)      893,020        +   3,791        +  33,458
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  784,415        +   2,211        +  19,460
Reverse repurchase agreements (6)                               34,703        -   1,655        +   1,939
Deposits                                              (0)       26,388        +   1,320        +   3,519       
  Depository institutions                                       20,467        +     670        +   2,803
  U.S. Treasury, general account                                 5,540        +     638        +     720
  Foreign official                                                  97        -       1        +       5
  Other                                               (0)          284        +      12        -      10
Deferred availability cash items                  (1,294)        5,128        +   1,743        +     770
Other liabilities and accrued dividends (7)                      5,940        -      23        +       3
      Total liabilities                           (1,294)      856,574        +   3,597        +  25,690
                          
Capital Accounts
Capital paid in                                                 18,078        +     125        +   2,789
Surplus                                                         15,456                0        +   4,902
Other capital accounts                                           2,913        +      69        +      78
      Total capital                                             36,446        +     194        +   7,768


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 14, 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              20       58,408   +  14,364            0           0       49,500       34,703
16 days to 90 days          41      157,628   -  13,951            0           0            0            0
91 days to 1 year            0      160,879   -     410            0           0     ------      ------
Over 1 to 5 years     ------        241,053   +      10            0           0     ------      ------
Over 5 to 10 years    ------         75,484   +       4            0           0     ------      ------
Over 10 years         ------         86,188   +      10            0           0     ------      ------
                   		 	
All                         60      779,639   +      26            0           0       49,500      34,703

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 14, 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                                           1,203         36         65         86        112        136        164        135         48         42         79        127        173
Securities, repurchase agreements,
      and loans                              829,200     38,212    300,229     36,688     33,931     71,838     76,901     69,558     26,502     16,554     26,852     36,435     95,499
   Securities held outright                  779,639     35,930    282,305     34,492     31,905     67,550     72,310     65,394     24,918     15,556     25,238     34,255     89,788
      U.S. Treasury (1)                      779,639     35,930    282,305     34,492     31,905     67,550     72,310     65,394     24,918     15,556     25,238     34,255     89,788
         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)                  512,621     23,625    185,618     22,679     20,978     44,415     47,544     42,997     16,384     10,228     16,594     22,523     59,036
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                49,500      2,281     17,924      2,190      2,026      4,289      4,591      4,152      1,582        988      1,602      2,175      5,701
      Loans                                       60          0          0          7          0          0          0         12          2         11         12          6         10
Items in process of collection                 7,179        269        677        929        820        400      1,041        473        149        314        799        410        897
Bank premises                                  2,111        119        216         62        154        179        230        206        107        113        259        258        210
Other assets(5)                               41,386      1,387     12,805      3,479      2,377      7,750      3,560      2,699        843        777        829      1,086      3,793
Interdistrict settlement account                   0    - 3,198    + 6,649    - 1,711    - 1,298    + 6,680    - 1,749    -    39    + 2,878    -    59    +   439    - 3,120    - 5,471
          Total Assets                       894,314     37,389    325,567     40,071     36,627     87,999     81,429     74,147     30,923     17,974     29,658     35,908     96,621

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 14, 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           1,004,133     38,449    360,042     41,043     38,401     81,644    110,222     81,522     32,717     18,243     30,765     57,571    113,514
  Less: notes held by F.R. Banks              219,718      5,920     69,663      7,855      7,588     14,144     37,260     14,697      3,922      2,974      3,683     25,358     26,655
    Federal Reserve notes, net                784,415     32,529    290,378     33,188     30,814     67,500     72,962     66,826     28,795     15,269     27,081     32,213     86,860
Reverse repurchase agreements (1)              34,703      1,599     12,566      1,535      1,420      3,007      3,219      2,911      1,109        692      1,123      1,525      3,997
Deposits                                       26,388        987     11,776        380      1,088      5,791      1,082      1,616        259        757        401        780      1,470
  Depository institutions                      20,467        984      5,982        375      1,084      5,692      1,078      1,612        258        756        399        780      1,467
  U.S. Treasury, general account                5,540          0      5,540          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                                           284          3        187          0          1         89          0          1          1          0          1          0          0
Deferred availability cash items                6,422        276        159      1,005        745        594        758        501        159        374        448        390      1,013
Other liabilities and accrued                 
  dividends (2)                                 5,940        264      1,742        286        279        960        517        475        219        158        200        276        565
   
    Total liabilities                         857,868     35,656    316,621     36,395     34,345     77,851     78,538     72,328     30,541     17,251     29,254     35,183     93,905
                              
Capital                    
Capital paid in                                18,078        985      4,353      1,813      1,154      5,093      1,410        873        180        354        190        361      1,312
Surplus                                        15,456        396      3,842      1,811      1,088      4,099      1,278        861        167        276        176        214      1,248
Other capital                                   2,913        353        751         52         40        956        203         86         36         93         37        149        156
     Total liabilities and capital            894,314     37,389    325,567     40,071     36,627     87,999     81,429     74,147     30,923     17,974     29,658     35,908     96,621
                              

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 14, 2007
              
Federal Reserve notes outstanding           1,004,133
   Less: Notes held by F.R. Banks
         not subject to collateralization     219,718
      Federal Reserve Notes to be
         collateralized                       784,415 
Collateral held against Federal Reserve            
   notes                                      784,415
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              771,178
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         829,139
   Less:face value of securities under
         reverse repurchase agreements         34,879
      U.S. Treasury and agency securities
             eligible to be pledged           794,260
   

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.