FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 20, 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           Oct 19, 2005 Oct 12, 2005 Oct 20, 2004 Oct 19, 2005
Federal Reserve Banks

Reserve Bank Credit                                         800,945    -     428    +  30,419      795,857
 Securities held outright                                   737,795    +     135    +  35,134      738,015       
    U.S. Treasury (1)                                       737,795    +     135    +  35,134      738,015
       Bills (2)                                            269,938    +     110    +  10,870      270,149
       Notes and bonds, nominal (2)                         444,890            0    +  18,699      444,890
       Notes and bonds, inflation-indexed (2)                19,983            0    +   4,721       19,983
       Inflation compensation (3)                             2,983    +      25    +     844        2,993
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    21,214    -     929    -   5,750       16,250
 Loans to depository institutions                               226    -      43    +      53          238
    Primary credit                                               10    +       1    +       5           36
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             215    -      45    +      47          202
 Float                                                        1,981    +     255    +   1,596        1,782
 Other Federal Reserve assets                                39,728    +     154    -     615       39,572
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,527    +      14    +     206       36,527
       
Total factors supplying reserve funds                       850,713    -     414    +  30,622      845,626
                                                                   
Currency in circulation(5)                                  769,027    -   2,200    +  27,611      769,263
Reverse repurchase agreements (6)                            26,046    -      55    +     615       25,082
   Foreign official and international accounts               26,046    -      55    +     615       25,082
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          219    -       2    -      80          221
Deposits with F.R.Banks, other than reserve balances         13,556    -     474    -   2,574       13,453       
  U.S. Treasury, general account                              4,555    -     232    -     677        4,469
  Foreign official                                              102    +      17    +       3           87
  Service-related                                             8,589    -     274    -   1,901        8,589
     Required clearing balances                               8,589    -     274    -   1,901        8,589
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         310    +      14    +       2          308
Other liabilities and capital                                31,573    +      10    +   7,693       31,186

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  840,421    -   2,721    +  33,264      839,205

Reserve balances with Federal Reserve Banks                  10,292    +   2,307    -   2,642        6,421
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,468,314    +   1,254    + 174,072    1,469,657
     U.S. Treasury                                        1,087,656    +   1,162    +  40,033    1,087,669
     Federal agency                                         380,658    +      92    + 134,040      381,988
  Securities lent to dealers                                  3,122    -     751    +   2,749        3,187   


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 19, 2005     Oct 12, 2005     Oct 20, 2004

Assets
Gold certificate account                                        11,037                0        -       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               718        +       9        -      40
Securities, repurchase agreements, and loans                   754,503        -   3,679        +  30,261
   Securities held outright                                    738,015        +     343        +  35,202
      U.S. Treasury (1)                                        738,015        +     343        +  35,202       
         Bills (2)                                             270,149        +     317        +  11,071
         Notes and bonds, nominal (2)                          444,890                0        +  18,557
         Notes and bonds, inflation-indexed (2)                 19,983                0        +   4,721
         Inflation compensation (3)                              2,993        +      27        +     853
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    16,250        -   4,000        -   5,000    
   Loans                                                           238        -      22        +      59
Items in process of collection                    (1,183)        8,765        -   8,141        +   1,353
Bank premises                                                    1,841        +       2        +     106
Other assets (5)                                                37,681        -     194        -   1,213
      Total assets                                (1,183)      816,745        -  12,004        +  30,466
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  733,671        -   2,380        +  26,952
Reverse repurchase agreements (6)                               25,082        -   1,199        -     761
Deposits                                              (0)       19,824        -   4,233        -   3,679       
  Depository institutions                                       14,960        -   3,456        -   3,383
  U.S. Treasury, general account                                 4,469        -     796        -     316
  Foreign official                                                  87        +       9        +      11
  Other                                               (0)          308        +      11        +       9
Deferred availability cash items                  (1,183)        6,983        -   4,077        +     534
Other liabilities and accrued dividends (7)                      3,937        -      15        +   1,140
      Total liabilities                           (1,183)      789,496        -  11,906        +  24,185
                          
Capital Accounts
Capital paid in                                                 13,435        +       6        +   2,912
Surplus                                                         11,630                0        +   2,783
Other capital accounts                                           2,184        -     104        +     586
      Total capital                                             27,249        -      98        +   6,281


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 19, 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             227       57,307   +   6,189            0           0       16,250       25,082
16 days to 90 days          11      157,596   -   6,451            0           0            0            0
91 days to 1 year            0      183,233   +   5,739            0           0     ------      ------
Over 1 to 5 years     ------        210,114   -   5,150            0           0     ------      ------
Over 5 to 10 years    ------         52,606   +       5            0           0     ------      ------
Over 10 years         ------         77,159   +      11            0           0     ------      ------
                   		 	
All                        238      738,015   +     343            0           0       16,250      25,082

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 19, 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                      11,037        510      4,355        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                                             718         29         53         45         55         62         96         84         37         20         56         71        110
Securities, repurchase agreements,
      and loans                              754,503     37,759    308,902     26,182     31,177     56,323     57,126     66,527     22,957     15,457     20,914     36,350     74,830
   Securities held outright                  738,015     37,759    292,649     26,181     31,177     56,323     57,097     66,462     22,901     15,414     20,874     36,348     74,830
      U.S. Treasury (1)                      738,015     37,759    292,649     26,181     31,177     56,323     57,097     66,462     22,901     15,414     20,874     36,348     74,830
         Bills (2)                           270,149     13,822    107,123      9,583     11,412     20,617     20,900     24,328      8,383      5,642      7,641     13,305     27,391
         Notes and bonds(3)                  467,866     23,937    185,525     16,597     19,765     35,706     36,197     42,134     14,518      9,772     13,233     23,043     47,439
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                16,250          0     16,250          0          0          0          0          0          0          0          0          0          0
      Loans                                      238          0          3          2          0          0         29         65         55         43         40          2          0
Items in process of collection                 9,948        475        574        375        949        443      2,557        434        280        339      1,105        598      1,819
Bank premises                                  1,841        109        204         54        157        144        273        209         68        120         79        262        164
Other assets(5)                               37,681      3,233     14,329      1,051      2,459      4,832      2,101      2,630        915        758        697      1,010      3,666
Interdistrict settlement account                   0    - 3,199    -15,631    + 7,126    +    21    + 5,019    + 2,253    + 1,197    +    44    -   749    +   100    - 5,101    + 8,920
          Total Assets                       817,929     39,031    313,660     35,347     35,375     67,804     65,516     72,221     24,699     16,187     23,335     33,837     90,916

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 19, 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             890,713     39,126    330,274     37,492     36,259     68,339     81,690     77,255     26,422     16,855     26,072     47,621    103,309
  Less: notes held by F.R. Banks              157,042      4,810     43,464      6,102      5,790     13,051     22,804     11,170      3,661      2,615      5,350     16,940     21,284
    Federal Reserve notes, net                733,671     34,316    286,810     31,390     30,469     55,288     58,886     66,085     22,761     14,240     20,722     30,681     82,024
Reverse repurchase agreements (1)              25,082      1,283      9,946        890      1,060      1,914      1,940      2,259        778        524        709      1,235      2,543
Deposits                                       19,824        849      7,201      1,069        934      2,733      1,644      1,245        454        331        640        730      1,994
  Depository institutions                      14,960        841      2,497      1,067        929      2,603      1,643      1,242        452        330        639        729      1,989
  U.S. Treasury, general account                4,469          0      4,469          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 87          5         58          1          4          7          2          3          1          1          1          0          4
  Other                                           308          3        177          0          1        122          0          0          2          0          1          0          1
Deferred availability cash items                8,166        695        851        561        612        585        937        503        174        477        788        673      1,310
Other liabilities and accrued                 
  dividends (2)                                 3,937        207      1,348        158        198        401        323        362        144        111        125        199        361
   
    Total liabilities                         790,680     37,351    306,155     34,067     33,272     60,921     63,731     70,453     24,311     15,682     22,985     33,518     88,232
                              
Capital                    
Capital paid in                                13,435        316      3,660        744      1,027      3,926        869        865        141        243        170        149      1,324
Surplus                                        11,630      1,353      3,430        294      1,065      2,148        516        763        236        254        153        135      1,283
Other capital                                   2,184         11        416        242         11        809        400        139         11          7         27         35         76
     Total liabilities and capital            817,929     39,031    313,660     35,347     35,375     67,804     65,516     72,221     24,699     16,187     23,335     33,837     90,916
                              

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 19, 2005
              
Federal Reserve notes outstanding             890,713
   Less: Notes held by F.R. Banks
         not subject to collateralization     157,042
      Federal Reserve Notes to be
         collateralized                       733,671 
Collateral held against Federal Reserve            
   notes                                      733,671
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              720,434
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         754,265
   Less:face value of securities under
         reverse repurchase agreements         25,105
      U.S. Treasury and agency securities
             eligible to be pledged           729,160
   

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.