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`FEDERAL RESERVE
These data are scheduled for release each Thursday.  The exact time of each release will be announced, when
the information is available, on (202) 452-3206.

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of F.R. Banks
                                                                                            August 30, 2001
Millions of dollars
                                                                   Averages of daily figures
      Reserve balances of depository institutions at     Week ended   Change from week ended     Wednesday
 F.R. Banks, Reserve Bank credit, and related items     Aug 29, 2001 Aug 22, 2001 Aug 30, 2000 Aug 29, 2001

Reserve Bank Credit                                         600,643    -     527    +  43,844      603,567
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    541,874    +   1,053    +  30,727      542,873
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                              10            0    -     130           10
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      22,505    -   2,048    +  11,744       24,755
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                            37    +      27    -      17          138
    Seasonal credit                                             139    -      25    -     447          136
    Extended credit                                               0            0            0            0
   Float                                                        -30    +      39    -     522         -224
   Other F.R. assets                                         36,108    +     428    +   2,489       35,879
Gold stock                                                   11,044            0    -       2       11,044
Special drawing rights certificate account                    2,200            0    -   2,000        2,200
Treasury currency outstanding                                32,782    +      14    +   2,272       32,782
        Total factors supplying reserve funds               646,668    -     513    +  44,113      649,592
                                                                   
Currency in circulation*                                    608,447    +   1,216    +  39,657      611,109
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         410    -       2    +     249          416
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    5,001    -     312    -     244        4,675
  Foreign                                                       106    +      34    +      29          151
  Service-related balances and adjustments (5)                7,723    +     237    +   1,030        7,723
  Other                                                         291    -      14    +      86          282
Other F.R. liabilities and capital                           18,117    -     346    +   2,816       17,848
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             640,095    +     812    +  43,623      642,205

Reserve balances with F.R. Banks  (6)                         6,574    -   1,324    +     491        7,387
                                                                
On    August 29, 2001, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal Reserve
Banks for foreign official and international accounts was $    716,704 million, a change of $  -   2,382 million for the week. The total includes
$    586,569 million of U.S. government securities and $    130,135 million of federal agency securities. The total includes the face value of
U.S. Treasury strips and other zero coupon bonds.
1  Face value of the securities.
2  Net of $     17,571 million (daily average over statement week) and $     17,087 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     17,571 million (daily average)
   and $     17,087 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $      1,766 million (daily average) and $      2,104 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      9,243 million of inflation-indexed securities valued at the original face amount and 
   $        896 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal agency securities.
5  Consists of required clearing balances of $      7,237 million and adjustments of $        486 million to 
   compensate for float.
6  Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).
Components may not add to totals due to rounding.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                           Aug 29, 2001     Aug 22, 2001     Aug 30, 2000
                ASSETS
Gold certificate account                                        11,044                0        -       2
Special drawing rights certificate account                       2,200                0        -   2,000
Coin                                                             1,106        -      17        +     346
Loans                                                              274        +     105        -     332
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           24,755        -   9,510        +  12,820
Federal agency obligations (2)          
  Bought outright                                                   10                0        -     130
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       184,710        +     724        -   4,550
                   Notes (3)                                   257,099        +   1,320        +  23,443
                   Bonds (4)                                   101,064        +      51        +  10,885
    Total bought outright (5)                                  542,873        +   2,095        +  29,778
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          542,873        +   2,095        +  29,778
       Total loans and securities                              567,911        -   7,311        +  42,135
                          
Items in process of collection                      (902)        6,619        -     222        -     492
Bank premises                                                    1,512                0        +     100
Other assets (6)                                                34,769        +     495        +   2,315
                TOTAL ASSETS                        (902)      625,160        -   7,056        +  42,401
                          
                LIABILITIES
Federal Reserve notes                                          579,849        +   2,120        +  38,489
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       15,526        -   8,533        +   2,015
  U.S. Treasury--general account                                 4,675        -     440        -   1,273
  Foreign--official accounts                                       151        +      76        +      52
    Other                                             (0)          282        -       3        +      80
      Total deposits                                  (0)       20,634        -   8,900        +     873
Deferred availability cash items                    (902)        6,829        -     200        +     105
Other liabilities and accrued dividends (7)                      3,055        -      13        -   1,319
                TOTAL LIABILITIES                   (902)      610,367        -   6,992        +  38,148
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  7,190        +      21        +     334
Surplus                                                          6,747        -       3        +   4,068
Other capital accounts                                             855        -      83        -     150

*Figures in parentheses are the eliminations made in the consolidation process.
1  Cash value of agreements arranged through third-party custodial banks.
2  Face value of the securities.
3  Includes $      5,739 million of inflation-indexed securities valued at the original face amount and 
   $        574 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Includes $      3,504 million of inflation-indexed securities valued at the original face amount and 
   $        322 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     17,087 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $      2,104 million that are fully collateralized by other
   U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued daily at market exchange rates.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.
Components may not add to totals due to rounding.


MATURITY DISTRIBUTION OF LOANS AND SECURITIES,    August 29, 2001
Holdings of securities include securitites held under repurchase agreements, which are classified according 
to remaining maturity.

Millions of dollars
                                    U.S. government         Federal agency                      Reverse
                     Loans          securities (1,2)        obligations(2)        Repurchase   Repurchase
                                              Weekly                  Weekly      Agreements   Agreements
                                  Holdings    changes      Holdings    changes    Triparty(3)  Triparty(3)
Within 15 days             266       23,583   +     414            0           0       18,750           0
16 to 90 days                8      111,288   -      82            0           0        6,005           0
91 days to 1 year            0      132,942   +     393            0           0     ------      ------
Over 1 to 5 years                   141,985   +     810           10           0     ------      ------
Over 5 to 10 years                   55,433   +     559            0           0     ------      ------
Over 10 years                        77,642   +       1            0           0     ------      ------
                   		 	
Total                      274      542,873   +   2,095           10           0       24,755           0

1  Includes $      9,243 million of inflation-indexed securities valued at the original face amount and 
   $        896 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
2  Includes face value of securities held under repurchase agreements classified by the remaining maturity of 
   the agreements.
3  Cash value of agreements arranged through third-party custodial banks classified by remaining maturity of 
   the agreements.
Components may not add to totals due to rounding.


H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON    August 29, 2001
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,044        546      4,450        454        538        741        871      1,028        343        143        317        477      1,136
Special drawing rights certif. acct.           2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,106         61         59         59         70        177        131        136         57         33         70        112        139
                       
Loans                                            274          0          0        100         33          0          7         40          6         56         21          5          5
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          24,755          0     24,755          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)      
  Bought outright                                 10          1          4          0          1          1          1          1          0          0          0          0          1
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
U.S. government securities(2)         
  Bought outright--Bills                     184,710     11,098     75,663      7,587     10,814     11,035     12,701     20,920      6,658        576      5,701      3,348     18,609
                   Notes (3)                 257,099     15,447    105,316     10,560     15,052     15,359     17,679     29,118      9,267        802      7,935      4,661     25,902
                   Bonds (4)                 101,064      6,072     41,399      4,151      5,917      6,038      6,949     11,446      3,643        315      3,119      1,832     10,182
     Total bought outright(5)                542,873     32,617    222,379     22,298     31,782     32,431     37,330     61,485     19,567      1,694     16,756      9,841     54,693
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             542,873     32,617    222,379     22,298     31,782     32,431     37,330     61,485     19,567      1,694     16,756      9,841     54,693
       Total loans and securities            567,911     32,618    247,138     22,398     31,816     32,432     37,337     61,526     19,573      1,750     16,777      9,847     54,699
                       
Items in process of collection                 7,521        550        764        416        272        567        686        601        284        518        452        317      2,096
Bank premises                                  1,512         93        169         49        153        132        285        107         40        124         49        137        173
Other assets(5)                               34,769      1,798     12,486      1,202      2,062      4,859      2,298      3,263        922        687        941        785      3,465
Interdistrict settlement account                   0    - 1,595    - 6,709    - 1,468    - 2,479    +11,726    + 1,475    + 3,584    -   718    + 4,031    -   695    + 1,607    - 8,761
          TOTAL ASSETS                       626,062     34,185    259,230     23,193     32,536     50,783     43,250     70,457     20,572      7,316     17,978     13,380     53,182

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal agency securities.
2  Face value of the securities.
3  Includes $      5,739 million of inflation-indexed securities valued at the original face amount and  $        574 million 
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      3,504 million of inflation-indexed securities valued at the original face amount and  $        322 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     17,087 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $      2,104 million that are fully collateralized by other U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.

Components may not add to totals due to rounding.


H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON    August 29, 2001
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                         579,849     31,884    247,575     21,779     29,756     43,653     40,041     64,580     19,285      6,007     16,376     12,119     46,794
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      15,526        686      1,642        379      1,035      2,708      1,152      3,376        640        431        662        510      2,304
  U.S. Treasury--general account                4,675          0      4,675          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      151          2        128          1          2          7          2          3          1          1          1          1          3
  Other                                           282          3        131          0          2        131          2          1          1          0          7          1          2
    Total deposits                             20,634        690      6,577        380      1,039      2,847      1,157      3,380        642        433        670        512      2,309
Deferred credit items                           7,731        557        883        428        350        621        695        645        202        519        420        292      2,117
Other liabilities and accrued                 
  dividends (2)                                 3,055        187      1,023        137        184        243        253        326        130         65        122        100        285
    TOTAL LIABILITIES                         611,269     33,319    256,058     22,725     31,329     47,364     42,146     68,931     20,259      7,024     17,587     13,023     51,504
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 7,190        421      1,467        221        611      1,703        537        737        149        174        188        162        820
Surplus                                         6,747        358      1,468        228        472      1,679        495        632        138        118        179        188        792
Other capital accounts                            855         87        238         19        124         37         72        157         27          0         24          7         66
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              626,062     34,185    259,230     23,193     32,536     50,783     43,250     70,457     20,572      7,316     17,978     13,380     53,182
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        739,484     36,102    290,128     29,374     35,541     55,676     63,794     72,593     22,996      9,028     20,309     32,283     71,660
  Less--Held by F.R. Banks                    159,635      4,218     42,554      7,595      5,785     12,023     23,753      8,012      3,711      3,021      3,933     20,164     24,866
  F.R. notes, net                             579,849     31,884    247,575     21,779     29,756     43,653     40,041     64,580     19,285      6,007     16,376     12,119     46,794
Collateral held against F.R. notes            
   Gold certificate account                    11,044
   Special drawing rights                 
     certificate account                        2,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        566,605
     Total collateral                         579,849

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal agency securities.
2  Includes exchange translation account reflecting the monthly revaluation at market exchange rates of 
   foreign exchange commitments.
3  U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount.
   Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities
   pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.`

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