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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
                                                                                          November 16, 2000
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     Nov 15, 2000  Nov 8, 2000 Nov 17, 1999 Nov 15, 2000

Reserve Bank Credit                                         566,796    +   4,385    +   5,074      570,886
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    512,336    +   1,612    +  19,659      511,748
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                             130            0    -      51          130
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      17,427    +   2,869    -  16,242       25,795
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                            38    +      25    -     397          251
    Seasonal credit                                             155    -      20    +      96          156
    Extended credit                                               0            0            0            0
   Float                                                      1,054    -      74    +     639           79
   Other F.R. assets                                         35,656    -      28    +   1,375       32,727
Gold stock                                                   11,046            0    -       3       11,046
Special drawing rights certificate account                    3,200            0    -   4,000        3,200
Treasury currency outstanding                                30,689    +      14    +   2,950       30,689
        Total factors supplying reserve funds               611,731    +   4,399    +   4,021      615,821
                                                                   
Currency in circulation*                                    573,626    +   1,457    +   5,278      575,306
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         274    +       3    +     179          285
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    5,279    +     206    +     553        4,850
  Foreign                                                        79    -      17    -     185           90
  Service-related balances and adjustments (5)                6,947    +     170    -     139        6,947
  Other                                                         200    -      57    -      56          266
Other F.R. liabilities and capital                           17,528    +     663    -     841       17,318
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             603,934    +   2,425    +   4,791      605,063

Reserve balances with F.R. Banks  (6)                         7,797    +   1,973    -     770       10,758
                                                                
On  November 15, 2000, 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 $    687,877 million, a change of $  +   2,246 million for the week. The total includes
$    593,902 million of U.S. government securities and $     93,975 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 $     16,578 million (daily average over statement week) and $     17,171 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     16,578 million (daily average)
   and $     17,171 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $        727 million (daily average) and $      1,900 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      6,395 million of inflation-indexed securities valued at the original face amount and 
   $        454 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 $      6,429 million and adjustments of $        519 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
                                                           Nov 15, 2000      Nov 8, 2000     Nov 17, 1999
                ASSETS
Gold certificate account                                        11,046                0        -       3
Special drawing rights certificate account                       3,200                0        -   4,000
Coin                                                               909        +       3        +     637
Loans                                                              407        +     248        -   1,777
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           25,795        +  13,820        -   9,525
Federal agency obligations (2)          
  Bought outright                                                  130                0        -      51
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       183,044        -   2,276        -  17,370
                   Notes (3)                                   236,021        +       7        +  23,773
                   Bonds (4)                                    92,682        +       2        +  12,248
    Total bought outright (5)                                  511,748        -   2,267        +  18,652
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          511,748        -   2,267        +  18,652
       Total loans and securities                              538,080        +  11,801        +   7,298
                          
Items in process of collection                      (839)        7,922        -   2,316        -     935
Bank premises                                                    1,442        +       7        +      95
Other assets (6)                                                32,071        -   3,192        +     948
                TOTAL ASSETS                        (839)      594,669        +   6,302        +   4,040
                          
                LIABILITIES
Federal Reserve notes                                          545,812        +   1,346        +   1,882
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       18,978        +   5,640        +   4,089
  U.S. Treasury--general account                                 4,850        -     609        -     378
  Foreign--official accounts                                        90        +      18        -      81
    Other                                             (0)          266        +      37        +      19
      Total deposits                                  (0)       24,183        +   5,085        +   3,647
Deferred availability cash items                    (839)        7,356        -     393        -     666
Other liabilities and accrued dividends (7)                      4,364        +      92        -     154
                TOTAL LIABILITIES                   (839)      581,716        +   6,131        +   4,710
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  6,988                0        +     610
Surplus                                                          2,679                0        -   3,273
Other capital accounts                                           3,287        +     172        +   1,993

*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 $      4,857 million of inflation-indexed securities valued at the original face amount and 
   $        358 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and 
   $         96 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     17,171 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $      1,900 million that are fully collateralized by other
   U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.
7  Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of 
   foreign exchange commitments.
Components may not add to totals due to rounding.


MATURITY DISTRIBUTION OF LOANS AND SECURITIES,  November 15, 2000
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             336       17,502   +     449            0           0       15,800           0
16 to 90 days               71      108,823   -   7,852            0           0        9,995           0
91 days to 1 year            0      128,476   +   5,236            0           0     ------      ------
Over 1 to 5 years                   131,941   +     577          130   +     100     ------      ------
Over 5 to 10 years                   54,117   +     581            0   -     100     ------      ------
Over 10 years                        70,889   -   1,258            0           0     ------      ------
                   		 	
Total                      407      511,748   -   2,267          130           0       25,795           0

1  Includes $      6,395 million of inflation-indexed securities valued at the original face amount and 
   $        454 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  November 15, 2000
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,046        535      4,428        414        520        750        802      1,064        359        158        340        514      1,162
Special drawing rights certif. acct.           3,200        167      1,271        120        151        213        242        309        103         44         96        143        341
Coin                                             909         33         75         53         58        115        106        100         45         33         65         75        152
                       
Loans                                            407          2          0          1          0          0         18        269         38         24         45          8          2
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          25,795          0     25,795          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)      
  Bought outright                                130          7         50          5          7          8          9         16          5          1          4          4         14
  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                     183,044     10,508     70,656      7,624     10,243     10,745     12,184     21,895      6,953        771      6,100      5,416     19,950
                   Notes (3)                 236,021     13,550     91,105      9,830     13,208     13,855     15,710     28,232      8,966        994      7,865      6,983     25,724
                   Bonds (4)                  92,682      5,321     35,776      3,860      5,187      5,441      6,169     11,086      3,521        390      3,089      2,742     10,101
     Total bought outright(5)                511,748     29,379    197,536     21,315     28,638     30,041     34,063     61,213     19,440      2,154     17,054     15,141     55,775
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             511,748     29,379    197,536     21,315     28,638     30,041     34,063     61,213     19,440      2,154     17,054     15,141     55,775
       Total loans and securities            538,080     29,388    223,381     21,320     28,645     30,048     34,090     61,497     19,483      2,179     17,104     15,154     55,791
                       
Items in process of collection                 8,761        525      1,163        349        424        442        597        691        344        596        754        397      2,480
Bank premises                                  1,442         94        166         50        155        126        235        104         33        126         49        138        165
Other assets(5)                               32,071      1,509     10,773      1,087      1,879      4,997      2,088      3,070        941        658        922        985      3,162
Interdistrict settlement account                   0    + 2,206    + 8,400    -   209    + 2,098    +   764    + 2,215    - 3,175    -   595    -   532    -   772    - 5,345    - 5,056
          TOTAL ASSETS                       595,508     34,457    249,657     23,185     33,930     37,455     40,375     63,660     20,713      3,261     18,558     12,060     58,197

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 $      4,857 million of inflation-indexed securities valued at the original face amount and  $        358 million 
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and  $         96 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     17,171 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $      1,900 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  November 15, 2000
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                         545,812     31,199    234,983     21,556     30,905     32,315     37,091     58,758     19,143      1,285     16,473     10,108     51,993
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      18,978      1,711      3,896        560      1,551      1,671      1,174      2,543        852        935        986      1,132      1,967
  U.S. Treasury--general account                4,850          0      4,850          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                       90          1         66          1          2          8          2          3          1          1          1          1          3
  Other                                           266          0        142          1          4         49          1          1          0          0         42         22          3
    Total deposits                             24,183      1,713      8,954        561      1,557      1,728      1,177      2,547        853        937      1,029      1,155      1,973
Deferred credit items                           8,195        551        980        406        389        614        853        585        235        491        529        279      2,284
Other liabilities and accrued                 
  dividends (2)                                 4,364        257      1,488        196        250        317        336        489        181         71        169        160        449
    TOTAL LIABILITIES                         582,554     33,720    246,404     22,719     33,101     34,975     39,457     62,380     20,413      2,784     18,200     11,702     56,700
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 6,988        358      1,496        236        460      1,681        493        616        138        359        178        186        786
Surplus                                         2,679        120        552         83        185        705        192        241         66         98         75         88        275
Other capital accounts                          3,287        259      1,205        146        183         95        233        423         96         21        106         84        436
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              595,508     34,457    249,657     23,185     33,930     37,455     40,375     63,660     20,713      3,261     18,558     12,060     58,197
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        758,530     37,259    303,692     31,868     36,960     51,623     60,829     70,918     23,512      9,701     21,790     32,727     77,651
  Less--Held by F.R. Banks                    212,718      6,059     68,709     10,312      6,055     19,308     23,738     12,160      4,368      8,416      5,316     22,618     25,658
  F.R. notes, net                             545,812     31,199    234,983     21,556     30,905     32,315     37,091     58,758     19,143      1,285     16,473     10,108     51,993
Collateral held against F.R. notes            
   Gold certificate account                    11,046
   Special drawing rights                 
     certificate account                        3,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        531,566
     Total collateral                         545,812

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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