FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 11, 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           Aug 10, 2005  Aug 3, 2005 Aug 11, 2004 Aug 10, 2005
Federal Reserve Banks

Reserve Bank Credit                                         791,658    -   7,447    +  36,871      790,553
 Securities held outright                                   724,702    +       2    +  30,961      724,703       
    U.S. Treasury (1)                                       724,702    +       2    +  30,961      724,703
       Bills (2)                                            265,015            0    +   9,767      265,015
       Notes and bonds, nominal (2)                         437,374            0    +  15,828      437,374
       Notes and bonds, inflation-indexed (2)                19,533            0    +   4,671       19,533
       Inflation compensation (3)                             2,780    +       2    +     695        2,781
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    25,964    -   7,786    +   5,928       24,500
 Loans to depository institutions                               269    -     440    +      30          285
    Primary credit                                                2    -     446    -      14            2
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             267    +       5    +      44          283
 Float                                                         -354    +     391    -      54         -231
 Other Federal Reserve assets                                41,077    +     386    +       6       41,297
Gold stock                                                   11,041            0    -       3       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,685    +      14    +     567       36,685
       
Total factors supplying reserve funds                       841,584    -   7,433    +  37,435      840,479
                                                                   
Currency in circulation(5)                                  764,596    +   1,391    +  29,574      765,825
Reverse repurchase agreements (6)                            23,111    -   2,635    +   2,689       23,640
   Foreign official and international accounts               23,111    -   2,635    +   2,689       23,640
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          246    -       5    -      43          250
Deposits with F.R.Banks, other than reserve balances         14,509    +     396    -   1,472       15,255       
  U.S. Treasury, general account                              4,989    -      23    -      75        5,679
  Foreign official                                               92    -       3    +      11          156
  Service-related                                             9,118    +     423    -   1,420        9,118
     Required clearing balances                               9,118    +     423    -   1,411        9,118
     Adjustments to compensate for float                          0            0    -      10            0
  Other                                                         310    -       1    +      12          302
Other liabilities and capital                                30,680    +     316    +   8,830       30,395

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  833,141    -     538    +  39,577      835,364

Reserve balances with Federal Reserve Banks                   8,443    -   6,895    -   2,143        5,115
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,461,303    +   6,159    + 205,039    1,465,456
     U.S. Treasury                                        1,092,289    -     896    +  74,350    1,096,279
     Federal agency                                         369,014    +   7,055    + 130,689      369,178
  Securities lent to dealers                                  3,481    -     891    +   2,733        3,055   


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 Aug 10, 2005      Aug 3, 2005     Aug 11, 2004

Assets
Gold certificate account                                        11,037                0        -       3
Special drawing rights certificate account                       2,200                0                0
Coin                                                               636        +      11        -     114
Securities, repurchase agreements, and loans                   749,488        -  10,542        +  39,511
   Securities held outright                                    724,703        +       3        +  30,957
      U.S. Treasury (1)                                        724,703        +       3        +  30,957       
         Bills (2)                                             265,015                0        +   9,767
         Notes and bonds, nominal (2)                          437,374                0        +  15,828
         Notes and bonds, inflation-indexed (2)                 19,533                0        +   4,671
         Inflation compensation (3)                              2,781        +       3        +     691
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    24,500        -   7,500        +   8,500    
   Loans                                                           285        -   3,045        +      54
Items in process of collection                      (995)        5,925        -     125        +     608
Bank premises                                                    1,827        +       2        +     117
Other assets (5)                                                39,526        +     383        +     101
      Total assets                                  (995)      810,638        -  10,272        +  40,220
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  730,022        +     421        +  28,814
Reverse repurchase agreements (6)                               23,640        +   1,065        +   3,034
Deposits                                              (0)       20,428        -  10,945        -     620       
  Depository institutions                                       14,291        -  11,839        -   1,793
  U.S. Treasury, general account                                 5,679        +     866        +   1,062
  Foreign official                                                 156        +      72        +      74
  Other                                               (0)          302        -      44        +      37
Deferred availability cash items                    (995)        6,154        -     835        +     268
Other liabilities and accrued dividends (7)                      3,412        +      80        +     900
      Total liabilities                             (995)      783,655        -  10,215        +  32,394
                          
Capital Accounts
Capital paid in                                                 13,407        +      17        +   4,147
Surplus                                                         11,600        +      33        +   2,744
Other capital accounts                                           1,977        -     106        +     937
      Total capital                                             26,983        -      57        +   7,826


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,    August 10, 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              44       55,401   -     482            0           0       24,500       23,640
16 days to 90 days         241      158,385   -     705            0           0            0            0
91 days to 1 year            0      172,293   +   1,187            0           0     ------      ------
Over 1 to 5 years     ------        207,588   +       1            0           0     ------      ------
Over 5 to 10 years    ------         52,888   +       1            0           0     ------      ------
Over 10 years         ------         78,149   +       1            0           0     ------      ------
                   		 	
All                        285      724,703   +       3            0           0       24,500      23,640

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    August 10, 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                                             636         13         34         29         48         55         98         87         37         15         52         71         97
Securities, repurchase agreements,
      and loans                              749,488     37,078    311,872     25,708     30,615     55,307     56,073     65,358     22,534     15,225     20,530     35,699     73,488
   Securities held outright                  724,703     37,078    287,370     25,708     30,615     55,307     56,067     65,263     22,488     15,136     20,498     35,693     73,480
      U.S. Treasury (1)                      724,703     37,078    287,370     25,708     30,615     55,307     56,067     65,263     22,488     15,136     20,498     35,693     73,480
         Bills (2)                           265,015     13,559    105,088      9,401     11,196     20,225     20,503     23,866      8,224      5,535      7,496     13,052     26,871
         Notes and bonds(3)                  459,688     23,519    182,282     16,307     19,420     35,082     35,564     41,397     14,265      9,601     13,002     22,640     46,609
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                24,500          0     24,500          0          0          0          0          0          0          0          0          0          0
      Loans                                      285          0          2          0          0          0          6         95         46         89         33          6          8
Items in process of collection                 6,920        556        374        357        535        420      1,021        379        178        242        820        462      1,576
Bank premises                                  1,827        106        205         54        156        143        273        200         65        120         76        263        165
Other assets(5)                               39,526      3,365     14,956      1,166      2,563      5,033      2,262      2,768        965        797        735      1,072      3,844
Interdistrict settlement account                   0    - 2,405    -14,685    + 6,682    +   440    + 4,864    + 3,386    + 2,486    +   653    -   476    +   546    -   629    -   863
          Total Assets                       811,634     39,339    317,984     34,510     34,914     66,804     64,224     72,418     24,830     16,167     23,143     37,586     79,713

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    August 10, 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             878,586     39,435    333,941     37,439     35,554     67,540     81,483     76,533     26,054     16,765     25,810     46,915     91,118
  Less: notes held by F.R. Banks              148,564      4,723     42,977      6,214      5,313     12,740     23,364     10,417      3,064      2,457      4,923     12,151     20,222
    Federal Reserve notes, net                730,022     34,711    290,964     31,225     30,241     54,799     58,119     66,116     22,990     14,308     20,887     34,764     70,896
Reverse repurchase agreements (1)              23,640      1,210      9,374        839        999      1,804      1,829      2,129        734        494        669      1,164      2,397
Deposits                                       20,428      1,173      8,284        581        584      2,621      1,544      1,657        451        340        533        667      1,991
  Depository institutions                      14,291      1,166      2,315        580        579      2,483      1,542      1,655        447        339        532        666      1,986
  U.S. Treasury, general account                5,679          0      5,679          0          0          0          0          0          0          0          0          0          0
  Foreign official                                156          5        127          1          4          7          2          3          1          1          1          0          4
  Other                                           302          3        162          0          1        131          0          0          3          0          1          0          0
Deferred availability cash items                7,149        550        725        597        637        530        680        436        126        416        598        489      1,366
Other liabilities and accrued                 
  dividends (2)                                 3,412        182      1,154        135        174        333        280        323        130        102        112        179        308
   
    Total liabilities                         784,651     37,826    310,500     33,376     32,635     60,087     62,453     70,660     24,431     15,660     22,799     37,264     76,958
                              
Capital                    
Capital paid in                                13,407        173      3,632        742      1,129      3,958        861        860        138        243        170        150      1,350
Surplus                                        11,600      1,323      3,430        294      1,065      2,148        516        763        236        254        153        135      1,283
Other capital                                   1,977         17        423         99         86        610        394        134         25          9         21         37        122
     Total liabilities and capital            811,634     39,339    317,984     34,510     34,914     66,804     64,224     72,418     24,830     16,167     23,143     37,586     79,713
                              

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
                                          Aug 10, 2005
              
Federal Reserve notes outstanding             878,586
   Less: Notes held by F.R. Banks
         not subject to collateralization     148,564
      Federal Reserve Notes to be
         collateralized                       730,022 
Collateral held against Federal Reserve            
   notes                                      730,022
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              716,785
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         749,203
   Less:face value of securities under
         reverse repurchase agreements         23,662
      U.S. Treasury and agency securities
             eligible to be pledged           725,541
   

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.