FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           November 3, 2005
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 2, 2005 Oct 26, 2005  Nov 3, 2004  Nov 2, 2005
Federal Reserve Banks

Reserve Bank Credit                                         801,887    +   3,955    +  28,536      795,735
 Securities held outright                                   740,525    +   2,243    +  33,502      740,614       
    U.S. Treasury (1)                                       740,525    +   2,243    +  33,502      740,614
       Bills (2)                                            270,711    +     455    +  11,391      270,781
       Notes and bonds, nominal (2)                         446,792    +   1,759    +  16,495      446,792
       Notes and bonds, inflation-indexed (2)                19,983            0    +   4,721       19,983
       Inflation compensation (3)                             3,038    +      29    +     894        3,057
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    20,536    +   1,465    -   3,750       14,500
 Loans to depository institutions                               154    -      68    +      39          129
    Primary credit                                                5    -      35    -       3            0
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             148    -      35    +      41          128
 Float                                                          371    -      94    +      43          380
 Other Federal Reserve assets                                40,301    +     410    -   1,298       40,112
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,485    +      14    +     121       36,485
       
Total factors supplying reserve funds                       851,613    +   3,969    +  28,655      845,460
                                                                   
Currency in circulation(5)                                  768,457    +     604    +  25,902      770,059
Reverse repurchase agreements (6)                            25,347    +   1,129    -   1,497       24,939
   Foreign official and international accounts               25,347    +   1,129    -   1,497       24,939
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          213    -       7    -      87          225
Deposits with F.R.Banks, other than reserve balances         14,177    +      34    -   2,084       13,703       
  U.S. Treasury, general account                              4,981    -     168    -     294        4,499
  Foreign official                                              105    +       9    +      20          106
  Service-related                                             8,782    +     194    -   1,789        8,782
     Required clearing balances                               8,782    +     194    -   1,789        8,782
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         308    -       2    -      23          316
Other liabilities and capital                                31,872    +     199    +   7,993       31,437

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  840,065    +   1,958    +  30,226      840,363

Reserve balances with Federal Reserve Banks                  11,548    +   2,011    -   1,570        5,097
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,477,826    +   1,470    + 177,027    1,474,199
     U.S. Treasury                                        1,086,477    -   1,238    +  33,872    1,080,978
     Federal agency                                         391,350    +   2,710    + 143,157      393,221
  Securities lent to dealers                                  3,123    -   1,383    +   2,682        3,365   


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 2, 2005     Oct 26, 2005      Nov 3, 2004

Assets
Gold certificate account                                        11,036        -       1        -       3
Special drawing rights certificate account                       2,200                0                0
Coin                                                               727                0        -      52
Securities, repurchase agreements, and loans                   755,242        -   6,225        +  26,780
   Securities held outright                                    740,614        +   1,072        +  32,484
      U.S. Treasury (1)                                        740,614        +   1,072        +  32,484       
         Bills (2)                                             270,781        +     132        +  11,388
         Notes and bonds, nominal (2)                          446,792        +     902        +  15,464
         Notes and bonds, inflation-indexed (2)                 19,983                0        +   4,721
         Inflation compensation (3)                              3,057        +      38        +     910
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    14,500        -   7,250        -   5,750    
   Loans                                                           129        -      47        +      47
Items in process of collection                    (1,355)        7,850        +   1,664        +     136
Bank premises                                                    1,843        -       1        +     102
Other assets (5)                                                38,204        +      61        -   1,765
      Total assets                                (1,355)      817,102        -   4,502        +  25,199
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  734,523        +     892        +  24,911
Reverse repurchase agreements (6)                               24,939        +   1,285        -   1,573
Deposits                                              (1)       18,734        -   7,965        -   6,375       
  Depository institutions                                       13,813        -   7,691        -   5,871
  U.S. Treasury, general account                                 4,499        -     228        -     472
  Foreign official                                                 106        -      59        +      24
  Other                                               (1)          316        +      13        -      56
Deferred availability cash items                  (1,354)        7,469        +   1,335        +     424
Other liabilities and accrued dividends (7)                      4,031        +      23        +   1,082
      Total liabilities                           (1,355)      789,696        -   4,430        +  18,469
                          
Capital Accounts
Capital paid in                                                 13,455        +       4        +   2,911
Surplus                                                         11,630                0        +   2,783
Other capital accounts                                           2,322        -      75        +   1,037
      Total capital                                             27,406        -      72        +   6,730


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 2, 2005
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              13       57,663   +   1,226            0           0       14,500       24,939
16 days to 90 days         116      158,746   -     660            0           0            0            0
91 days to 1 year            0      182,848   -     445            0           0     ------      ------
Over 1 to 5 years     ------        210,651   +      26            0           0     ------      ------
Over 5 to 10 years    ------         52,617   +       6            0           0     ------      ------
Over 10 years         ------         78,089   +     919            0           0     ------      ------
                   		 	
All                        129      740,614   +   1,072            0           0       14,500      24,939

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 2, 2005
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                      11,036        510      4,354        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             727         29         52         49         54         63         96         81         36         21         59         72        115
Securities, repurchase agreements,
      and loans                              755,242     37,892    308,179     26,273     31,287     56,521     57,305     66,738     23,016     15,495     20,965     36,476     75,094
   Securities held outright                  740,614     37,892    293,679     26,273     31,287     56,521     57,298     66,696     22,982     15,468     20,948     36,476     75,094
      U.S. Treasury (1)                      740,614     37,892    293,679     26,273     31,287     56,521     57,298     66,696     22,982     15,468     20,948     36,476     75,094
         Bills (2)                           270,781     13,854    107,374      9,606     11,439     20,665     20,949     24,385      8,403      5,655      7,659     13,336     27,456
         Notes and bonds(3)                  469,833     24,038    186,305     16,667     19,848     35,856     36,349     42,311     14,579      9,813     13,289     23,140     47,638
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                14,500          0     14,500          0          0          0          0          0          0          0          0          0          0
      Loans                                      129          0          0          0          0          0          7         42         35         27         18          0          0
Items in process of collection                 9,205        538        439        384        456        508      2,221        481        285        432        930        544      1,987
Bank premises                                  1,843        108        204         53        157        143        272        211         68        120         80        261        164
Other assets(5)                               38,204      3,260     14,532      1,068      2,478      4,857      2,171      2,680        932        768        710      1,032      3,714
Interdistrict settlement account                   0    - 3,658    -16,723    + 6,535    +   907    + 3,893    + 2,078    + 1,145    +   159    -   813    +    27    - 5,196    +11,646
          Total Assets                       818,457     38,795    311,911     34,877     35,896     66,968     65,254     72,476     24,895     16,265     23,156     33,837     94,127

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 2, 2005
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             893,853     39,032    329,939     37,467     36,364     68,404     81,311     77,136     26,427     16,948     26,148     47,582    107,096
  Less: notes held by F.R. Banks              159,330      4,849     45,237      6,249      5,789     13,160     22,875     10,826      3,620      2,675      5,436     17,006     21,609
    Federal Reserve notes, net                734,523     34,183    284,702     31,218     30,575     55,244     58,436     66,310     22,807     14,274     20,712     30,577     85,487
Reverse repurchase agreements (1)              24,939      1,276      9,889        885      1,054      1,903      1,929      2,246        774        521        705      1,228      2,529
Deposits                                       18,735        725      7,645        624      1,039      1,799      1,584      1,380        611        300        577        713      1,740
  Depository institutions                      13,813        718      2,897        623      1,035      1,659      1,581      1,377        603        299        575        712      1,735
  U.S. Treasury, general account                4,499          0      4,499          0          0          0          0          0          0          0          0          0          0
  Foreign official                                106          5         78          1          4          7          2          3          1          1          1          0          4
  Other                                           317          1        172          0          0        132          1          1          8          0          1          1          0
Deferred availability cash items                8,823        716        767        675        924        638      1,183        398        167        555        684        802      1,314
Other liabilities and accrued                 
  dividends (2)                                 4,031        212      1,375        162        204        426        334        366        146        110        127        202        368
   
    Total liabilities                         791,051     37,111    304,378     33,563     33,795     60,010     63,465     70,700     24,504     15,760     22,805     33,521     91,437
                              
Capital                    
Capital paid in                                13,455        316      3,660        746      1,027      3,939        869        867        143        244        170        149      1,325
Surplus                                        11,630      1,353      3,430        294      1,065      2,148        516        763        236        254        153        135      1,283
Other capital                                   2,322         14        444        274          9        872        403        146         12          7         27         31         82
     Total liabilities and capital            818,457     38,795    311,911     34,877     35,896     66,968     65,254     72,476     24,895     16,265     23,156     33,837     94,127
                              

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 2, 2005
              
Federal Reserve notes outstanding             893,853
   Less: Notes held by F.R. Banks
         not subject to collateralization     159,330
      Federal Reserve Notes to be
         collateralized                       734,523 
Collateral held against Federal Reserve            
   notes                                      734,523
   Gold certificate account                    11,036
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              721,286
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         755,114
   Less:face value of securities under
         reverse repurchase agreements         24,965
      U.S. Treasury and agency securities
             eligible to be pledged           730,148
   

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.