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`FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            August 18, 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 17, 2005 Aug 10, 2005 Aug 18, 2004 Aug 17, 2005
Federal Reserve Banks

Reserve Bank Credit                                         793,703    +   2,045    +  39,469      795,714
 Securities held outright                                   726,345    +   1,643    +  32,304      727,339       
    U.S. Treasury (1)                                       726,345    +   1,643    +  32,304      727,339
       Bills (2)                                            266,259    +   1,244    +  11,008      266,259
       Notes and bonds, nominal (2)                         437,771    +     397    +  15,941      438,764
       Notes and bonds, inflation-indexed (2)                19,533            0    +   4,671       19,533
       Inflation compensation (3)                             2,782    +       2    +     684        2,783
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    26,857    +     893    +   6,321       28,500
 Loans to depository institutions                               445    +     176    +     199        1,234
    Primary credit                                              155    +     153    +     143          924
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             290    +      23    +      55          310
 Float                                                           23    +     377    +     415          752
 Other Federal Reserve assets                                40,032    -   1,045    +     229       37,890
Gold stock                                                   11,041            0    -       3       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,699    +      14    +     550       36,699
       
Total factors supplying reserve funds                       843,642    +   2,058    +  40,015      845,654
                                                                   
Currency in circulation(5)                                  764,087    -     509    +  29,023      764,950
Reverse repurchase agreements (6)                            25,370    +   2,259    +   3,642       23,503
   Foreign official and international accounts               25,370    +   2,259    +   3,642       23,503
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          250    +       4    -      56          250
Deposits with F.R.Banks, other than reserve balances         14,334    -     175    -   1,094       15,185       
  U.S. Treasury, general account                              4,805    -     184    +     349        5,669
  Foreign official                                               94    +       2    -      17           78
  Service-related                                             9,119    +       1    -   1,407        9,119
     Required clearing balances                               9,116    -       2    -   1,410        9,116
     Adjustments to compensate for float                          3    +       3    +       3            3
  Other                                                         316    +       6    -      20          319
Other liabilities and capital                                30,893    +     213    +   8,928       30,553

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  834,934    +   1,793    +  40,443      834,442

Reserve balances with Federal Reserve Banks                   8,708    +     265    -     428       11,212
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,468,310    +   7,007    + 202,760    1,470,140
     U.S. Treasury                                        1,099,496    +   7,207    +  74,053    1,101,010
     Federal agency                                         368,814    -     200    + 128,707      369,130
  Securities lent to dealers                                  4,259    +     778    +   3,174        3,176   


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 17, 2005     Aug 10, 2005     Aug 18, 2004

Assets
Gold certificate account                                        11,037                0        -       3
Special drawing rights certificate account                       2,200                0                0
Coin                                                               644        +       8        -     110
Securities, repurchase agreements, and loans                   757,073        +   7,585        +  45,571
   Securities held outright                                    727,339        +   2,636        +  32,579
      U.S. Treasury (1)                                        727,339        +   2,636        +  32,579       
         Bills (2)                                             266,259        +   1,244        +  11,005
         Notes and bonds, nominal (2)                          438,764        +   1,390        +  16,223
         Notes and bonds, inflation-indexed (2)                 19,533                0        +   4,671
         Inflation compensation (3)                              2,783        +       2        +     681
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    28,500        +   4,000        +  12,000    
   Loans                                                         1,234        +     949        +     993
Items in process of collection                    (1,508)        7,052        +   1,127        +   1,481
Bank premises                                                    1,829        +       2        +     118
Other assets (5)                                                36,107        -   3,419        +     109
      Total assets                                (1,508)      815,942        +   5,304        +  47,167
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  729,141        -     881        +  28,228
Reverse repurchase agreements (6)                               23,503        -     137        +   2,129
Deposits                                              (0)       26,443        +   6,015        +   7,378       
  Depository institutions                                       20,377        +   6,086        +   6,376
  U.S. Treasury, general account                                 5,669        -      10        +   1,004
  Foreign official                                                  78        -      78        -      26
  Other                                               (0)          319        +      17        +      25
Deferred availability cash items                  (1,508)        6,301        +     147        +     561
Other liabilities and accrued dividends (7)                      3,464        +      52        +     944
      Total liabilities                           (1,508)      788,853        +   5,198        +  39,241
                          
Capital Accounts
Capital paid in                                                 13,441        +      34        +   4,179
Surplus                                                         11,629        +      29        +   2,782
Other capital accounts                                           2,019        +      42        +     965
      Total capital                                             27,089        +     106        +   7,926


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 17, 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           1,193       58,275   +   2,874            0           0       28,500       23,503
16 days to 90 days          41      158,012   -     373            0           0            0            0
91 days to 1 year            0      169,507   -   2,786            0           0     ------      ------
Over 1 to 5 years     ------        212,630   +   5,042            0           0     ------      ------
Over 5 to 10 years    ------         51,932   -     956            0           0     ------      ------
Over 10 years         ------         76,983   -   1,166            0           0     ------      ------
                   		 	
All                      1,234      727,339   +   2,636            0           0       28,500      23,503

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 17, 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                                             644         14         34         28         49         58         98         87         37         16         51         75         97
Securities, repurchase agreements,
      and loans                              757,073     37,663    316,915     25,802     31,029     55,508     56,280     65,765     22,633     15,281     20,612     35,829     73,756
   Securities held outright                  727,339     37,213    288,415     25,802     30,726     55,508     56,271     65,500     22,570     15,191     20,572     35,823     73,748
      U.S. Treasury (1)                      727,339     37,213    288,415     25,802     30,726     55,508     56,271     65,500     22,570     15,191     20,572     35,823     73,748
         Bills (2)                           266,259     13,623    105,581      9,445     11,248     20,320     20,599     23,978      8,262      5,561      7,531     13,114     26,997
         Notes and bonds(3)                  461,080     23,590    182,834     16,357     19,478     35,188     35,672     41,522     14,308      9,630     13,041     22,709     46,751
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                28,500          0     28,500          0          0          0          0          0          0          0          0          0          0
      Loans                                    1,234        450          0          0        302          0          9        265         63         90         40          7          8
Items in process of collection                 8,560        530        551        480        816        511      1,205        328        309        342        904        709      1,876
Bank premises                                  1,829        107        206         54        156        143        273        200         66        120         76        263        165
Other assets(5)                               36,107      3,198     13,598      1,048      2,423      4,781      1,954      2,460        860        727        649        906      3,502
Interdistrict settlement account                   0    - 2,820    -16,815    + 6,665    +   473    + 5,873    + 5,367    + 2,759    +   256    -   647    +   216    - 2,818    + 1,491
          Total Assets                       817,450     39,317    319,719     34,592     35,502     67,858     66,287     72,739     24,560     16,081     22,893     35,610     82,293

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 17, 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             882,181     39,567    333,015     37,498     35,719     67,765     81,865     77,041     26,002     16,691     25,854     47,672     93,491
  Less: notes held by F.R. Banks              153,040      4,831     42,720      6,315      5,432     13,230     23,286     10,818      3,310      2,568      5,264     14,924     20,342
    Federal Reserve notes, net                729,141     34,737    290,295     31,183     30,287     54,535     58,579     66,223     22,692     14,123     20,589     32,748     73,150
Reverse repurchase agreements (1)              23,503      1,203      9,320        834        993      1,794      1,818      2,117        729        491        665      1,158      2,383
Deposits                                       26,443      1,082     10,646        682        866      3,803      3,016      1,919        456        384        568        713      2,309
  Depository institutions                      20,377      1,069      4,755        681        861      3,662      3,014      1,916        453        383        566        712      2,304
  U.S. Treasury, general account                5,669          0      5,669          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 78          5         50          1          4          7          2          3          1          1          1          0          4
  Other                                           319          8        171          0          1        133          0          0          2          0          1          0          0
Deferred availability cash items                7,809        586        784        604        900        624        809        389        162        475        604        487      1,385
Other liabilities and accrued                 
  dividends (2)                                 3,464        184      1,177        137        177        335        284        326        132        102        114        181        315
   
    Total liabilities                         790,361     37,791    312,221     33,440     33,222     61,091     64,507     70,973     24,172     15,575     22,540     35,287     79,542
                              
Capital                    
Capital paid in                                13,441        173      3,645        742      1,129      3,970        869        861        138        243        170        150      1,351
Surplus                                        11,629      1,353      3,430        294      1,065      2,148        516        763        236        254        153        135      1,283
Other capital                                   2,019          0        423        117         86        648        396        142         14          9         29         39        118
     Total liabilities and capital            817,450     39,317    319,719     34,592     35,502     67,858     66,287     72,739     24,560     16,081     22,893     35,610     82,293
                              

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 17, 2005
              
Federal Reserve notes outstanding             882,181
   Less: Notes held by F.R. Banks
         not subject to collateralization     153,040
      Federal Reserve Notes to be
         collateralized                       729,141 
Collateral held against Federal Reserve            
   notes                                      729,141
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              715,904
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         755,839
   Less:face value of securities under
         reverse repurchase agreements         23,525
      U.S. Treasury and agency securities
             eligible to be pledged           732,314
   

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.`

Statistical releases

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