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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 Federal Reserve Banks
                                                                                           October 18, 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     Oct 17, 2001 Oct 10, 2001 Oct 18, 2000 Oct 17, 2001

Reserve Bank Credit                                         614,114    +   1,143    +  52,231      621,553
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    541,322    +   1,187    +  31,837      544,024
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                              10            0    -     120           10
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      33,154    +     435    +  18,824       37,045
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                             7    -       1    -     292            1
    Seasonal credit                                              67    -      14    -     234           64
    Extended credit                                               0            0            0            0
   Float                                                        898    -     822    -     283        1,623
   Other F.R. assets                                         38,657    +     360    +   2,500       38,786
Gold stock                                                   11,045            0    -       1       11,045
Special drawing rights certificate account                    2,200            0    -   1,000        2,200
Treasury currency outstanding                                33,041    +      14    +   2,069       33,041
        Total factors supplying reserve funds               660,400    +   1,157    +  53,299      667,839
                                                                   
Currency in circulation*                                    616,113    -     588    +  43,671      616,220
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         442    +      14    +     186          453
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    4,722    -     354    -     448        5,038
  Foreign                                                       632    -      17    +     524          744
  Service-related balances and adjustments (5)                8,095    -     231    +   1,481        8,095
  Other                                                         257    -      26    +       7          256
Other F.R. liabilities and capital                           17,958    +      60    +   2,531       17,734
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             648,219    -   1,141    +  47,952      648,539

Reserve balances with F.R. Banks  (6)                        12,181    +   2,298    +   5,347       19,300
                                                                
On   October 17, 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 $    736,675 million, a change of $  +   3,997 million for the week. The total includes
$    597,202 million of U.S. government securities and $    139,473 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 $     18,846 million (daily average over statement week) and $     17,545 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     18,203 million (daily average)
   and $     17,545 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $      3,467 million (daily average) and $      3,604 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 
   $        869 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 $      7,733 million and adjustments of $        362 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
                                                           Oct 17, 2001     Oct 10, 2001     Oct 18, 2000
                ASSETS
Gold certificate account                                        11,045                0        -       1
Special drawing rights certificate account                       2,200                0        -   1,000
Coin                                                             1,105        -       5        +     281
Loans                                                               65        -      56        -     238
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           37,045        +   3,540        +  18,202
Federal agency obligations (2)          
  Bought outright                                                   10                0        -     120
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       183,373        +   1,820        +     764
                   Notes (3)                                   258,389        +   1,832        +  22,662
                   Bonds (4)                                   102,261        +     260        +  10,428
    Total bought outright (5)                                  544,024        +   3,913        +  33,856
  Held under repurchase agreements                                   0                0                0
     Total U.S. government securities                          544,024        +   3,913        +  33,856
       Total loans and securities                              581,144        +   7,397        +  51,700
                          
Items in process of collection                      (863)        8,097        -   7,991        -     398
Bank premises                                                    1,511        +       1        +      78
Other assets (6)                                                36,511        +     265        +   1,597
                TOTAL ASSETS                        (863)      641,612        -     334        +  52,257
                          
                LIABILITIES
Federal Reserve notes                                          584,736        -   1,797        +  42,097
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       25,295        +   4,850        +   7,824
  U.S. Treasury--general account                                 5,038        -      69        -     111
  Foreign--official accounts                                       744        +     141        +     657
    Other                                             (0)          256        -       3        -      13
      Total deposits                                  (0)       31,333        +   4,920        +   8,357
Deferred availability cash items                    (863)        7,810        -   3,352        -     278
Other liabilities and accrued dividends (7)                      2,847        -      69        -   1,448
                TOTAL LIABILITIES                   (863)      626,725        -     299        +  48,727
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  7,271        +       3        +     289
Surplus                                                          6,744        +       3        +   4,065
Other capital accounts                                             872        -      41        -     825

*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 
   $        557 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 
   $        312 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     17,545 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $      3,604 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,   October 17, 2001



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              61       22,407   +   9,111            0           0       22,045           0
16 days to 90 days           4      115,828   -   6,460            0           0       15,000           0
91 days to 1 year            0      130,569   +   1,996            0           0     ------      ------
Over 1 to 5 years                   146,198   +   4,393           10           0     ------      ------
Over 5 to 10 years                   50,204   -   5,366            0           0     ------      ------
Over 10 years                        78,817   +     238            0           0     ------      ------
                   		 	
Total                       65      544,024   +   3,913           10           0       37,045           0

1  Includes $      9,243 million of inflation-indexed securities valued at the original face amount and 
   $        869 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   October 17, 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                      11,045        546      4,451        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                                           1,105         57         66         46         68        178        130        131         60         35         68        121        143
                       
Loans                                             65          0          0          0          0          0          7         22          4         19         10          3          0
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          37,045          0     37,045          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                     183,373     11,017     75,116      7,532     10,736     10,955     12,609     20,769      6,609        572      5,660      3,324     18,474
                   Notes (3)                 258,389     15,525    105,845     10,613     15,127     15,436     17,768     29,265      9,313        806      7,975      4,684     26,032
                   Bonds (4)                 102,261      6,144     41,890      4,200      5,987      6,109      7,032     11,582      3,686        319      3,156      1,854     10,303
     Total bought outright(5)                544,024     32,686    222,850     22,345     31,850     32,500     37,409     61,615     19,608      1,697     16,791      9,862     54,809
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             544,024     32,686    222,850     22,345     31,850     32,500     37,409     61,615     19,608      1,697     16,791      9,862     54,809
       Total loans and securities            581,144     32,687    259,899     22,346     31,850     32,501     37,416     61,638     19,613      1,716     16,801      9,866     54,810
                       
Items in process of collection                 8,960        533      1,093        426        452        544        733        696        462        599        622        421      2,379
Bank premises                                  1,511         93        168         49        153        133        286        107         41        124         49        136        173
Other assets(6)                               36,511      1,895     13,247      1,296      2,161      4,950      2,410      3,462        983        683        991        811      3,622
Interdistrict settlement account                   0    +   423    -19,841    - 1,818    -   407    +11,167    + 1,413    + 6,068    +   516    + 7,403    -   288    + 3,147    - 7,784
          TOTAL ASSETS                       642,476     36,348    259,958     22,882     34,918     50,361     43,425     73,342     22,089     10,734     18,627     15,078     54,713

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  $        557 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  $        312 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     17,545 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $      3,604 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   October 17, 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                         584,736     31,593    242,165     21,224     30,518     44,705     40,086     67,488     20,416      8,848     16,928     13,593     47,171
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      25,295      3,160      6,734        653      2,601      1,178      1,128      3,349        988        916        736        661      3,190
  U.S. Treasury--general account                5,038          0      5,038          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      744          2        720          1          2          7          2          3          1          1          1          1          3
  Other                                           256          2        131          0          2        103          4          1          0          5          2          4          1
    Total deposits                             31,333      3,164     12,623        654      2,605      1,288      1,134      3,353        989        923        740        665      3,194
Deferred credit items                           8,673        548      1,078        406        367        668        863        666        248        607        457        368      2,397
Other liabilities and accrued                 
  dividends (2)                                 2,847        174        944        129        168        241        237        304        120         64        112         93        262
    TOTAL LIABILITIES                         627,588     35,480    256,811     22,413     33,657     46,903     42,320     71,810     21,773     10,442     18,236     14,720     53,023
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 7,271        421      1,472        221        619      1,757        538        741        149        177        188        163        825
Surplus                                         6,744        358      1,468        228        472      1,679        495        632        138        115        179        188        792
Other capital accounts                            872         89        208         20        170         23         71        159         30          0         24          6         72
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              642,476     36,348    259,958     22,882     34,918     50,361     43,425     73,342     22,089     10,734     18,627     15,078     54,713
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        743,345     36,421    287,670     29,116     35,895     56,025     64,058     75,008     23,431     11,398     20,986     33,066     70,271
  Less--Held by F.R. Banks                    158,610      4,828     45,504      7,892      5,377     11,320     23,972      7,520      3,015      2,550      4,059     19,473     23,100
  F.R. notes, net                             584,736     31,593    242,165     21,224     30,518     44,705     40,086     67,488     20,416      8,848     16,928     13,593     47,171
Collateral held against F.R. notes            
   Gold certificate account                    11,045
   Special drawing rights                 
     certificate account                        2,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        571,491
     Total collateral                         584,736

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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