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STATEMENT FOR THE PRESS
Released, for publication
Monday morning, Pec. 1,
I519 ; *iot earlier.
St. 725
Federal Reserve Board,
November 29, 1919*
CONDITION OF MEMBER BANKS.
Further reductions of 66*7 millions in loans secured ty stocks and bonds and
of 20*9 millions in the holdings of Government securities; a moderate increase in
war paper, and a decrease of 32*7 millions in all other loans and investments are
indicated by the Foderal Reserve Board’s weekly statement of condition on Nov
ember 21, 1919 , of 791 member banks in leading cities*
United States bonds on hand declined ty 0*7 million , Victory notes by 5*7
millions, and Treasury certificates by l4«5 millions.
Of the total reduction in
loans secured ty stocks and bonds 59*1 millions constituted the amount of net
liquidation at the New York City member banks.
Total loans and investments are
shown 111*7 millions less than the week before, the New York banks reporting a
decrease of 82*8 millions under this head*
Aggregate holdings of war securities and war paper are given as 2t8C5»'l mil
lions, compared with 2 ,.817*5 millions the week before and constitute, just as the
week before, 18,1 per cent of total loans and investments of all reporting banks.
In harmony with the reduction in loans all classes of deposits show substantial
decreases, Government deposits declining ty 5^*7 millions, other demand deposits
(net) by 95*1 millions, and time deposits ty 5*2 millions* Reserve balances with
Federal Reserve banks went down 19*3 millions,while cash in vault shows a gain of
l.S millions. Accommodation at the Federal Reserve banks, as measured by the
total of the reporting banks* own collateral notes and of customers* paper redis
counted likewise shows a moderate reduction of 11*4 millions.
It may be noted that
while changes in the amounts of the-member banks* own collateral notes do not af
fect the amounts of loans and discounts carried among their assets, the amounts
of rediscounted customers’ bills are deducted from the aggregate loans and dis
counts shown among the assets of those banks.
Released for publication Monday morning, December 1, 1919; not earlier-
_
St*725a
PRINCIPAL RESOURCE AND LIABILITY ITEMS OF REPORTING MEMBER BANKS IN LEADING CITIES• .
________________ ___________________________ (In thousands of dollars.)______________________________________
>v. 2 1 , 1919
Nov. l4, 1919
Aug.22, 1919
May 23, 1919
Number of reporting banks - - - - - - - - - - - - - - - - - -
791
790
775
’ 773
U. S. bonds to secure circulation - - - - - - - - - - - - - -
269,073
268,997
260,953
262,215
Other U. S* bonds including Liberty bonds--- ----
63121
63^,939
642,1G2
864,846
U. S. Victory notes - - - - - - - - - - - - - - - - - - - - -
275,396
281,067
321,955
U* S, Certificates of indebtedness - - - - - - - - - - - - -
821, 004
S35,*+59
1 ,127,316
1,777,26s
Total U* S. securities - - - - - - - - - - - - - - - - - -
1,999,59**
2,020,462
2 ,420,412
2 ,910,929
-------------
1 ,074,622
l>066,037
1,307,272
l, 179,537
Loans secured by stocks and bonds other than U*S- securities
3 ,220,690
3,287,320
All other loans and investments ---------
9,175,779
9 ,202,495
2,942,699)
)
2,293,*+91)
Reserve balances with F» R* bank - - - - - - - - - - - - - -
1,408, 880
l,428,223
1 ,226,616
1 ,298,008
335,926
384,096
350,507
359 ,124
Net demand deposits - - - -- -- -- -- -- - - -- -- --
1 1 ,3^0,520
n,*+35,527
10,794,660
10,370,747
Time deposits - - - - - - - - - - - - - - - - - - - - - - - - -
2 ,227,297
2,293,139
1,900,776
1 ,7 15 ,5*+2
231,701
288,435
573,213
627,297
1 ,05*+,532
1,070,275
1,086,341
1,226,526
679,546
675,136
290,526
225,553
18.1
18.1
23.1
Loans secured by U* S* bonds, etc*
Cash in vault - -- - - -- -- -- -- -- - - - - -- - - --
Government deposits
Bills payable with Federal Reserve bank - - - - - - - - - - - Bills rediscounted with Federal Reserve bank
Ratio of U. S. war securities and war paper to total loans and
investments, per cent - - - - - - - - - - - - - - - - - - -
,
-
10 ,515,096
26.2
Released for publication Monday morning, December 1 , 1919; not earlier.
St 725b
PRINCIPAL RESOURCE AND LIABILITY ITEMS OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS NOVIMBER 21 toiq
_________ __________ ____________________________ (In thousands of dollars.)
*
‘
Federal Reserve District
Boston New York Fhila. Clevel. Richm. Atlanta Chicago “St.Louis Minn. K^ns'^Cy. Dallas San Fran-- ----No. reporting banks
U6
112
56
SO
22
kj
107
-5
35
77
g-,
*
U.S.bonds to secure circulation
13,536
>+2,737 11,097 4l,g4l 26,071 14,015
20,257 17,154 7,120 14,467 19 571 7U 605
fiQ T ’”?
other u s ind Liberty bonds
14,235
2g3,770 22,936 62,501 36 ,93s 27,936
51,799 13,340 io,i4s 24,912 19,259 52*641
634*121
J. S. Victory notes
g,i«
117,907 13,723 27,262 13,573
9,77S
49,550 6,002 4,065
S,36l
4 722 IP P29 275 30?
U. S. certificates of indebtedness
__ 3J>^SU_33_,iO_7...67,11.6 20,231 30,714 115.710 13,054 23,255 21.217
lh zvr, ^ Up?
Total U. S. securities
66,376 23 9,2S7 93,423 19S,720 37 ,4l3 32,
Loans secured by U.S.bonds,etc.
40,7o4 553,622 130,202 91,325 37,665 24.S32
96,292 29,270 14,712 19,772
6 2*8 27 566 i’c f U ^ ?
Loans secured by stocks and bonds210,960 1 ,427,216 2 13 ,119 339,392 114,029 45,246 457,593 149,219 32,066 71,646 30 644 124,’ 955 3*220 6%
All otner loans and investments 660,443 3 ,276,725 477,200 732,475 3^4,149 342,335 1,344,361 295,366 255,764 461,499 205,364 729,492 9 *1755779
Reserve balances with F.R. bank
19,590
b27,255 &6.070 93,553 39,1+14 33,224 125,565 43,411 26,732 53 ,<£9 26 094 73 4^7 ?’u2*g«o
Cash in vault
24,748 123,976 12,209 35,342 12,634 13,704
7 1 ,26? 11 ^ 7
9 {33 g
10 2 9 7 £ ’& [
^ off
Net demand deposits
784,093 5,109,451 662,020 225,594 374,731 226,222 1,405,303 342,442 259,027 4b0,42o 234 g p 522^26 U ?k0 4 o
Time deposits
124,312
427 >627 22,393 323,379 96,732 119,052
543,375 107,590 59 023 82 S10 33 2^0 $ h o 4 o ^ 7 * 5
Government deposits
15,613
112,196 1 5 ,33s 17,227
7,427 3,l44
24,009 4,473
5 ,71+0
6 143
4*726
’ w "’pri’fm
Bills payabie with F R bank
35 ,202
507,273 73,472 93,734 4s,940 42,290
106,781 21,376 20,024 37^33 10,’o29
1,054 5p
_
Bills rediscountedwith F.R, bank PUi.Uxe: 2 17 .77 * Q7 on* 11 nni -t-7 c-M. 7r mo.
/-«
No. reporting banks
U. S. bonds to secure circulation
Other u. S. including L lo srty oonds
Tot^l^U
n2S5
S1C^ecurities
j-otal u. b. oecurities
loans .ssuM d y J. S. tonds, etc.
Loajis secured oy stocks and oonas
“ erv X
° n " t ^ n" eT
cLhin^at'
8-v‘ l
A*
•+
T medZ S i S POSltS
P
deposits
Government deposits
^
pay-,Dle ./1 „n . R. bank
Bills reiiacounted *ith j .
2. bank
Ratio 01 U.S.war securities ana war paper
to total loans and investments,per cent
4
New York City
City of Chicago All F.R.bank cities
F.R-branch cities
reporting tanks
I^ov.21 -— Nov.lUNov.y---Nov.14
Nov.2^-— Nov-lk,,
Nov-P^U------ W j . 4
39/^40
3?,936
ifes
I5,9*39 1 & ,% S1
igffigl*
6^ q
^ q 9 100^87
10^1*
353,361*
353,078
i 7 ,1*15
17,15!*
375,062
376,908
131 039
130 578 128 630
127 U53
105,1*31
3!,,336
35,062
i 6U,056
166,63s
56251
5 7 ,60b
5*080
56 835
560.987
l 6l . 6?0
l&lTg
I Q S .S n
^ ' } 2° ____ 550,523
_ 75l, 009 7b2,>4>
102,499 10 5 .2 7 2 1 ,1 9 1 ,5 2 2 1 ,206,317
415.14° Ul3 55Q 392,917
V)i 52£
523, oo2
526,831
10,2jl
67,72'4
81*5,761*
836, U36
122,101
123^077
106 757
521*
1 ,2 8b ,0 57 l , 3 !*5 , l 60
373 , 091
371,639 2 ,UlO, 2SU 2 , 1*70, 71*8
1*08 613
^ ,8 7 5
H O I,'^
U O ^
2 f 5 . * 9 7 2 '? g '® 5
763,081
761+.779 5,75ft. 3*7 5.820.815 1,667,1*1*6 1.673 858 i.713 &
l i c ’c S
-?S 'P 2
^3° 1271
133, 0501, 05^ ,0601, 069,231* 182,165
182,310 172,655 176,679
1 116,646
113,427
42,312
41,124 226,223
222,526
62,293
67.276
91,410
93 634
U,S 2 ’S U’S f ’S S
>S3? s,0-l3,457 2 ,077,269 1 ,572:335 1 ,593;264 1,742:6is 1,759 ®
> 4,255
^51,533
246,219 245,594 1 ,143,652 1 ,150,249
b00,039
600,553
544,200
542.337
115,807
156,212
12,243
21,086 126,6^4 232:421
21^8
24^66
23^59
- 451,119
461,752
50,691
59,311 695,047 713,253
225,712 215,162 133,767
l4l 254
203,2 56
217,851
5^,671
U6 ,506
^ 3 ,3 5 7
517,281
90,165
90,107
66,021*
l.m.iSL
22.7
22-6
1 3 .1
1 3 .1
ig.5
ig.g
15 .2
15-3
CON FIDEN TIAL
Not for publication
Federal Eeserve Bank
RATIO OF TOiTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES
RATIO OF GOLD RESERVES TO F. R. NOTES IN ACTUAL CIRCULATION,
AND OF GOLD AND LATOUL MONEY KESERVES TO NET DEPOSIT LIABILITIES OF
ALL FEDERAL RESERVE BANKS.
November 28, 1919-
Eatio of total reserves to
net deposit and F. £~ note
liabilities combined
November 21— ^November 28
Ratio of gold reserves to F. R. notes in
actual circulation after setting aside
35i° against net deposit liabilities
November 21-- -November 28
St.727
Ratio of gold and
Ratio of gold reserves
lawful money reserves
to F.R. notes in
to net deposits
actual circulation
Nov-21---Nov. 28
Nov. 21 -- Nov. 22
Boston
ko.s
1+5.2
1+1+-2
50.8
1+0.2
5I+.2
1+1.3
1+0.-3
New York
*+5*°
1+1.9
55-1
1+9.2
1+9-1+
1+3.6
1+0-7
l+o.l
Philadelphia
i+o.1+
1+0.2
*+3-1
1+2 .5
1+0-1
39-7
I+O.5
1+0 .1+
Cleveland
1+1+.6
1+3.2
50.1
1+7 .1+
1+5.8
1+1+.2
1+3-9
1+2.6
Richmond
50.2
■^9-3
56.2
55 .1+
70.0
66.3
1+2-3
1+1 .3
Atlanta
2+3.9
1+7-2
^7-1
52.0
52.8
61+.2
I+O.7
1+0.7
Chicago
52-S
5 1.5
62.0
59-9
1+3-3
1+1 .7
57-6
56.5
St- Louis
53-7
50.s
62.0
58-3
52.1
1+5 .1
5U.1+
53*5
Minneapolis
1+7 .4
1+1+.7
55-6
50.7
52-7
1+6.0
1+3.9
1+3-8
Kansas City
'
4 9.6
1+8 .3
62.9
60.9
55*o
53-5
1+1+.7
1+3.1+
Balias
56 .s
50.S
7 1.7
§1.8
78.2
6i+.7
1+2.0
1+1-1
San Francisco
4s.u
1+8.3
.. 5!+.-9
5I+-6
1+5*1+
41+.2
50.0 -----50.3
/y.*j _
1+6.9
^5’5
51+.7
52-5
1+8.8
1+6 .1+
1+5.6
Total
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
DECEMBER 1 , I919.
1+5.0
st.735
GOLD "RECEIPTS AND DISBURSEMENTS OF EACH FEDERAL RESERVE DANK DURING WEEK ENDING OCTOBER 31, 1919 .
(Figures
do
not
include
gold
received
from
or
paid
to
another
Federal
Reserve
Bank.)
T I
C0FF I
°
(in thousands of dollars*) ______ _______ ____
Hgt for publication
RE CE IP TS
All
By
Credits to deposit accounts
In exchange for F. R. notes
Total
other
foreign
U.S.GovernmentJ Member
Other banks,
Jirom
From U. S.
NS.
receipts
agencies
Total
General account banks
Government members individuals, etc. Total
314
314
116
160
33
Boston
4,050
246
3,667
—
3.667
137
19
New York
25
93
65
53
53
7
7
Philadelphia
2
314
395
24
31*
79
Cleveland
55
30
19
15
11
11
Richmond
1,534
46
46
_
1.533
iSLanta
1,532
34s
327
—
327
11
6
17
Chicago
84
84
84
St. Louis
67
53
53
9
Minneapolis
9
48
43
^3
5
Kansas City
5
14
10,150
10,136
136
10,000
Dallas
4*53
445
445
-v
13 .._
13
San Francisco
__Total_for_S^stem____ lilSl ___ 22o_ ___ 119_.Z_I_2.130__ _____io.,oog=____ 5 ,12 1___I s I H i__ ______ : _______ ?s6-------- 17x523-------—
—
-
-
—
-
—
—
mm
_
mm
—
—
—
L.
In ssxchanae for F. -B. notea
Other banks,
To
To U. S.
Total
Government members individuals 3tc
377
377
1,143
52
1,089
733
783
1.039
1.039
429
429
2,043
2,043
1.271
1,2 71
426
426
68
33
15
121
121
62
62
,
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
101
San Francisco
__ Total_fcr_Sys1 ;em
h m .
Excess receipts
6,013
Excess payments
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
DECEMBER 4, 1919-
10
__6Z.
153
12
.
kj
XJ
11
W
XJ
J.
Debi ts to deioosit acccjunts
Member
U. S..
Total
banks
Government
28
28
a
—
2,862
2,862
35
35
6
11
6
11
1
l
69
3,621
.6x635.
111
.1x388.
10,000
107
5,753
1.^33
69
3.623.,
.6x635.
8,562
By
foreign
agencies
223
1,12 2
245
251
. 150
110
All
other
N. S.
310
232
150
500
Total
Di3bur3ements
10
5.^57
1.295
1,41+0
1,035
2,164
1,646
200
1,260
366
-
364
144
33
147
80
l4l
.3x260.
6,3733x615.
10.248
j 6a128 .
^,060
8,349
8,605
P
65
353
276
FEDERAL RESERVE BOARD
+0*
t
GOLD S E T T L E M E N T FUND
Siimnary of transactions for week ending Beoember 4, 1919.________ _______________
Bolance last
Aggregate
Federal
statement
Gold
Gold
withdrawals
Reserve
November 26,
withdrawals
deposits
and transfers
Eank of
1919
to Agent‘s
Fund
Boston
4.
1 ,246 ,063.11
10 ;000,000,00
2 ,000,000.00
New York
2 5 ,002 ,000.00
36,744,673.75
10,000 ,000.00
35.002.000.00
Philadelphia
28,858,225.03
1 ,000.000.00
Cleveland
26*blg J7 6 ,85
530.040,00
■Richmond
2 7 ,672 ,233.84
200,000 ..00
6 ,061 ,000.00
200 ,000.00
Atlanta
21.766.326.57
4,500.00
2,504.600.00
2.504.600.00
Chicago
69,945 ,653.28
20 ,000.00
508,000.00
20 ,000.00
St* Louis
13 ,390 ,282.87
920,675.00
1 ,000,000-00
5.920.675.00
Minneapolis
12,634,064.92
87,500.00
Kansas City
15.000 00
52 .193 .414.57
5-5^oo
1 5 ,000.00
Dallas
2 1 ,487 ,493.8?
410,500-00
10 ,000.00
1.410.300.00
San Francisco
28,080,794.49
19.515 000.00
2,500,000.00
19.515.000.00
Total
440 ,638,763.10
46,035,175.00 32 ,747 ,515.00
67,588,175.00
Federal
Reserve
Bank of
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St* Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
Settlements:from November 27,1919 to December 4, 1313
both inclusive
Net
Total
:
Total
Net
Debits
Debits
;
Credits
Credits
143 .616,85 b.1 ? ■ ii37 ,00.
1 ,15 s-59
12,615,700.59
10,72 6,669.59
504,102 ,460.37: 49;,,375 ,730,7 s
167 ,8,7,442.82 : 169 ,32 8,3 81.7 8
2,050,938.96
123,688,534.36: 130,010,8^0.39
6,322,236.03
157,620,248.71: 157,764,639-04
144,330,33
55,243,020.01: 55,716,313.37
467,833-36
9,226,466.05
229,372,987.68 : 220,146,521,63
134,246,098.30: 136,540,343.72
2 ,234 ,251.42
3 ,690,489.68
42 ,373 ,340,3 1 : 38 ,683,451.23
6 ,920 ,532.16
105,338,159-21: 99 ,077 ,627.05
64,508,536.S2 : 70 ,156 ,410.74
5,647,873.92
54,860,133.16: 81,112,346.61
2 6 ,252 ,213.45
43 ,179 ,858.07 1 ,783,514,418.53 1 ,783,5i4,418.53
43,179,858-07
X-17Q8
*____________________■
_____(CONFIDENTIAL)
I\jyjvtcj.oj-C.ni
Aggregate
deposits and
TRANSFERS
transfers
Debits
Credits
from Agent*s
Fund
10 ,000,000.00
12 ,257 ,012.22
10 ,000,000.00
3 ,228 ,617.98
30 ,000,000.00
23,781,657.88
23,697,990.40
1 ,000,000.00
53o,o4o.oo
2,288,699.33
172,515.45
I,148,000.00
6 ,061 ,000.00
126,746.05
2 ,050>460.00
448,000.00
19,817,030-48
508,000.00 28 ,500.-000.00
4,9l3,4oo.o2
1 3 ,000,000.00 12 ,000,000-00
87 ,500.00
2 -000,000000
95,059.53
515*00 3.0.0005COO.00
316,994.73
91,538.81,
10 ,000.00
3 ,000:000.00
l6l,953.25'
4 ,623,500.00 10 .000.000.00
46,877,015-00 94 ,022 ,608.3 s.
3^,022,608-38
Balance in
. Summary of changes in owner
Fund at close
ship of gold by ban&s through
of "business
tx^nsfers and settlements
December 4, 1919
Decrease
Increase
. 48,887,375.34
358,687,77
88,787,386.18
1 7 ,044 ,712.43
29,993,431.47
2 ,13 4 ,606.44
34.759.912.21
7 ,610 ,335.36
32,702,133 &
831,094.22
21,458,82 6*58
146,640.01
52 ,524 ,2 1 7 ,7 1 17,909,435.57
4,792,348.56
1 5 ,677 ,253.31
7 ,126 ,134.77
5,595,430.15
3 5 ,575 ,392.14 16,603,537.43
22,826,006.55
2 ,733 ,412.73
2 9 .609.461.22
l6 ,4i4 166 i7,
419 ,927 ,603-10” 46 ,090 ,533.70
46,030,533-70
*
#
1
x-170*
FEDERAL
AGE N T S ’ F UND
RES I RVE
(CONFIDENTIA
Si’
.rnrnn.rv of trannsj'+.i nns for week endine DecetrbeT 4. 1919.
■Fed(?ra3.
Reserve
Agent
at
Balance last
Gola
statement
November 26,
1919
____ \
-AzzjL------ ----- Withdrawals
Gold
Deposits
Y.rithdrawals
for
transfers
to hank
Deposits
through
transfers
from bank
Total
Total
Wi thdrawals
Deposits
3 ,000,000
s
Bal&nce at
close of
business
Dec. 4, 1919
12 ,000,000
52 ,000,000
10 ,000,000
95,000,000
1 ,000,000
64,3&9,260
—
2 ,000,000
-
-
10 ,000,000
-
-
1 .000,000
-
-
-
2 ,000,000
-
-
-
49 ,000,000
2 ,000,000
-
-
540,144,500
4 ,000,000
-
-
St- Louis
6 1 ,930,600
2 ,000,000
Minneapolis
*9 ,600,000
-
~
-
-
-
-
19 ,800,000
Kansas City
36 ,360,000
-
-
-
-
-
-
36 ,360,000
Dallas
11,484,000
-
-
1 ,000,000
-
Boston
i+9 ,oootooo
New York
85 ,000,000
Philadelphia
6s,389,260
Clevelnnd
65 ,000,000
Richmond
46,000,000
Atl&nta
Chicago
San Francisco
Total
3 ,000,000
5 ,000,000
-
3.0r000,000
Id j000,000
1 ,000,000
2,129,500
89,907,500
822,015,260
18 ,000,000
11,000,000
14,129,500
2 ,500.000
5 ,000,000
65,000,000
2 ,000,000
2 ,000,000
2 ,500,000
_
21,500,000
14,000 ,000
49 ,500,000
236 ,144,500
4,000,000
5 ,000,000
44,000,000
5 ,000,000
2 ,000,000
52 ,930,600
13,484,000
1
2 ,129,500
-
87 ,778,000
32 , 129,500
32,5co,oo-e
822,3 86,360
GOLD RECEIPTS AND DISBURSEMENTS OF FEDERAL RESERVE BANICS DURING THE
FIVE V/EEXLY PERIODS ENDING ON FRIDAYS, OCTOBER 3 ^0 31, 1919*
C O N F I D E N T I A L
(In thousands of dollars 5; x -e ., ut.jv omiT-tea. )
Not for publication____ —— —1
TOTAL
OCT. I
OCT,
OCT,
OCT.
OCT,
Sept
.27
to Oct.31
24
10
. _31__ i
3
17
R E C E I P T S ____
In exchange for F. R* notes
6,797
1,791
1,199
950
1,586 ■ 1,271
From U. S. Government
220
220
150
1,075
212
From member banks
273
701
146
167
l44
125
119
Other banks, individuals, etc.
2,130
1,586
8,573
1,246
1,608
Total
Credit to deposit accounts:
40,029
10,000
10,000
10,000
10,029
U. S, Government
17,230
2,066
1,094
5,197
6,350
2,523
Member banks
12,066
57,259
15,197
16,350
11,123
Total
6l,oo4
27,113
33.891
By foreign agencies
266
300
4,305
396
1,998
1,3^5
All other N, S.
131,141
4i ,065
17,992
17,593
39>762
lU.729
TOTAL RECEIPTS
&
To U, S, Government
To .■.■Ierr.bers
Other banks, individuals
Total
Debits to deposit accounts
U, S. Government
Member banks
Total
By foreign agencies
All other N. S.
TOTAL DISBURSEMENTS
Excess receipts
Excess payments
7,459 (a)5,060
7
10
64
1,623
7,5.82
e tc .
i,6o6
___S,02§__..__2i.?82_(a)l2,i59__.
6,356
7,809
32,158
TOTAL SINCE
DEC.27,1918
73,283
15,021
8,979
97,283
310 ,10 s
131,151
449,459
140,374
93,378
786.494
)
163
275:368
)
67
10,848
)
12
___7 188S___ ______ 43^2... --- ..JTL5i M __
16,380
6,635
14,175
6,809 , 5.932
i^
-iIS
—
.__6iiQ2— l§25i.932__.
.„IJ35—
3,060
1,047
770
1,206
4,370
8,615
1,571
1,524
2.17U
1,439
26,198
21,321
22,303
18,239
32 , 33*+
8,499
18,162
1 7 ,428
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
DECEMBER 5, 1919'
5,^
15
18
>t.73^
3,510
3,329
(a) Amended.
8,605
42,050
232,599
42i05Q___------ _ 1^S_3Z2___
10,453
15,323
10,453
197., 96s
110,995
732,768
20,146
47,726
St.736
RATIO OF "FLOAT" OF EACH FEDERAL RESERVE BANK TO IL/MEDIATEBf AVAILABLE DEPOSITS.
CONFIDEN TIAL
Not for publication
Federal
Reserve
Bank
Boston
(in thousands of dollars.)
"Float" after adding net debik
"FLOAT"
or deducting net credit in
Deferred
Ratio to
Saturday1s settlement
Uncollected availability Amount immediately
Ratio to immediately
available
items
items
available deposits
deposits
Amount
Per cent
Per cent
4,8
6,082
8,012
78,235
6.3
72,753
New York
25+8,125
182,922
59,203
6.8
62,462
November 28, 1919
"Float" after deducting National and F.R. bank
notes, also net investment in .transfers from
second calculation
Ratio to immediately
available deposits
Amount
Per cent
6 .1
7.79^
62,462
7.2
-
(a) 6,466
7.2
-
Philadelphia
88,495
90,160 (a) 1,665
Cleveland
78,112
67,506
10,606
7-5
5,213
3-7
4,386
3-1
Pdchmond
85 , 64s
71,595
14,053
18.7
15,464
20.6
15,12 1
20.1
'+1,665
33,575
2,090
3*5
5,673
9*5
5.35S
9.0
111,15 0
91,131
20,019
7.6
9,244
3-5
i,5S7
.6
3t* Louis
70,776
62,591
8,185
10,9
12,626
16 18
11,895
15.8
:anneapolis
22,96s
19,199
3,769
6.7
U,946
8.8
3,610
6.5
Kansas City
77,
82,163 (a) 4,715
(a) 332
-
Balias
60,341
43 ,29s
17,0U3
26.2
15,^9
23.8
7,399
11.4
San Francisco
48,085
32,543
15,542
12.6
18,356
i 4 .s
9,983
8 .1
861,436
150,212
7-4
150,212
T'k
122,797
6.0
Mlanta
Chicago
Total
1 ,0 1 1 ,648
FEDERAL RESERVE' 20ARD
DIVISION OF REPORTS AND STATISTICS
EECKiBER 5, 1919
-
-
(a) 6,466
(a) 767
-
(a) Excess of deferred availability items.
COMPOSITION OP UNCOLLECTED ITEL1S AND DEFERRED.AVAILABILITY ITEMS.
St.736a
C O N F I D E N T I A L
(in thousands of dollars.)
Hot for publication
Bank
Clearing
House ■
Exchanges
UNCOLLECTED ITEMS
Checks National Bank
notes and
and
other bank notes of Transfers All other
bought uncollected
other
cash
items
items F. R. banks
November 28, 1919
DEFERRED AVAILABILITY ITEMS
Total
Gold
Settlement
Suspense
Transfers
sold
Government
transit
items
Other
transit
items
Total
2,24g
344
21S
-
76,025
78,835
28,418
-
-
44,335
72,753
28,349
14,112
-
-
205 ,664
248,125
106,647
-
-
82,275
188,922
Philadelphia
6,465
1,195
-
-
so,S35
8S,495
31,572
-
37S
57,610
90,160
Cleveland
3,480
29
Us?
3*40
73,776
78,112
20,871
-
1,376
45,259
67,506
Richmond
3,242
1,273
343
-
80,790
85,648
32 t4o6
-
571
3S,6l8
71,595
Atlanta
1.79 4
112
315
-
39,444
41,665
15,369
-
1,39^
22,812
39,575
Chicago
3 ,56s
-
1,522
6,735
99,325
111,15 0
36,197
600
1,433
52,895
91,131
St.Louis
2,931
901
731
-
66,163
70,776
31,199
-
709
30,683
62,591
Minneapolis
2,346
131
29
1,307
19,155
22,968
9,281
-
204
9,714
19,199
Kansas City
360
1,030
165
-
75»393
77,448
23,221
Goo
-
5S,342
82,163
Dallas
97s
1,415
113
7,937
49,89s
60,341
14,261
-
744
28,293
43,292
1,30s
109
144
____ §,230
32x22.4....
48,085
16,456
1
129
__ 15,957
32,543
57,119
20,651
4,067
24,549
1,011,648
365,898
1,201
7,544
486,793
861,436
Boston
New York
San Francisco
Total
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
DECIDER 5 , 1919.
905,262
C 0 N F I D E it I I A L
Not for publication
• St, 742
LOANS OF EEPORTISB MEMBER BANKS SECURED 3jj|PVERIMENT WAR OBLIGATIONS
(in thousands of dollars)
1 . Loans of all reporting member banks in each Federal Reserve district secured by —
1
Liberty Bonds
Victory Notes
1 Certificates of Indebtedness T
Total
F. R. District 1
r Nov. 2S*. 1919 * J
tlov. 21, 1912 1 Nov* 2S 1919 1 Nov. 21, 1919 1 Nov- 2St 1912 ’ Nov. 21, 19 19 * Nov. 23 1919 ' Nov. 21 t 1319
8,026
33,126
650
32,189
40,764
6,909
549
Boston
40,745
200,439
325,720
317,266
528,133
10,433
553 ,62s
New York
217,755
10,093
30,742
1,’
403
94,780
96,07s
126,930
123,542 *
Philadelphia
1,323*
31, l4l
12,019
20,1*39
Cleveland
867
12,387
91,885
7^,999
763
93,589
89
7,626
Richmond
30,286
7,312
29,970
37,687
37,665
69
18,744
19,024
5,720
368
24,749
Atlanta
2^,832
5,391
, 334
5,490
4,527
96,398
19,912
Chicago
71,496
71,313
20,353
96,193
6,630
7,502
30,208
21,594
1,267
29,870
St. Louis
774
22,311
870
688
13,154
14,712
Minneapolis
787
13,253
15,779
1,739
3,100
3 ,010*
16 ,55 s*
Kansas City
19.758
19,807 *
16,379
279
239
4,6so
5,072
1,298
6,228
1,415
Dallas
143
133
6,513
6r154
61+2
2 ?T06l
21.239
.. 6.032 .
28.857
27.566
San Francisco
.... 295
22,324
730,4si*
20,888 *
321 ,028*
391,502
725,370
Total
1 ,01+9,196
1,072,397*
2 . Loans of reporting member banks in Federal Reservei bank cities secured by ->«»
1
Liberty Bonds
Victory Notes
Certificates of Indebtedness *
F.R.Bank Cities’
Total
i Nov. 28, 1919 1 Nov. 21, 1919 1 Nov* 28, 1919 * Nov. 21, 1919 ' Nov. 23, 191 ° ' Nov. 21 , 1919 ' Nov. 23, I919 » Nov.• 21 , 1919
21,46l
4,250
638
Boston
5 ,17 2
27,170
22,339
27,227
537
209,664
New York
523,662
295, 521
304,035
9,963
498,729
192,855
10,353
90,544
Philadelphia
92,no
123,542 =
29,961
30,109
l,4o.§
1,323 *
121,913
21,830
Cleveland
146
150
27,762
4,815
22,797
4,263
26,239
—
3,540
l4, 080
10,540
Richmond
10,376
3,542
13,918
2,034
6,034
1,920
Atlanta
4,107
3,945
6,132
105
105
15,047
15,332
4,026
5,026
Chicago
50,178
49,975
70,251
69,333
15,496
St. Louis
15 ,6ll
21,496
5,269
21,479
5,455
545
599
7,281
Minneapolis
7,330
8,102
318
299
8,072
473
473
70U*
658
Kansas City
5,158*
i4o
170
6 ,002*
5,079
5,907
Dallas
1,150
4o
1,005
1,120
1,0^3
67
30
25
llt74g12.470___
San Francisco
_ 4,137
208
206
...4.010 .
16.813
15.966
544,623*
Total
537,356
is, 16 s
280, >403*
18 ,U96 *
263,103
813,627
343,522*
* Revised figures.
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS,
DECEMBER 6, 1919
statement for the peess
Released for publication
Sunday morning, Dec, 7, 1919>
not earlier.
St- T33
Federal Reserve Beard
Dec. 6 , !<£.?.
CONDITION OF FEDERAL RESERVE BANKS.
Net reduction V
132.7 millions of war paper, apparently in connection with
substantial liquidation of Treasury certificates by member banks, is indicaterl in
the Federal Reserve Board1s weekly bank statement issued as at close of business on
December 5, 1919.
This considerable decline in war paper holdings is partly offset
ty increases of 26.6 millions of other discounted bills and 1 S.6 millions of ac
ceptances on hand. Net deposits show a corresponding decline. As a result, the
banks* reserve ratio, notwithstanding a reduction of 5-6 millions in cash reserves
and an expansion during the week by 29*1 millions in Federal Reserve note circula
tion shows a rise frcci 4-5*5 to 46.4 per cent.
TTar paper holdings of the Chicago and St* Louis banks are inclusive of 24.4
millions of paper discounted for other Reserve banks, as against 23-5 millions the
week before, while acceptance holdings of these two and five other banks include
124.3 millions of bills, as against 136.9 millions the week before, taken over from
the Boston and New York banks. Treasury certificates on hand show a decrease of
4,2 millions, while the circulation of F- R. bank notes, which are largely secured
ty such certificates, shows a slight increase.
All classes of deposits show declines for the week.
Government deposits — by
5S.4- millions, members' reserve deposits - by 14.4-millions, and all ether deposits,
including foreign government credits, - ty 4.7 millions.
The "float” carried by
the banks increased 50.5 millions. As a result, net deposits work out at 127-9
millions less than the week before.
Gold withdrawals for export, also further sales of gold accomt for a net re
duction of 6 .4 millions in gold reserves, 2 .8 millions of which represent the de
crease
in the amount held with foreign agencies.
Released for publication Sunday morning, December 7, 1319; not earlier.
CCS,CBHIED RESOURCES AKD LIABILITIES OF THE TTCELVE FEDERAL RESER17? BAIIKS.
December 5, 1919
November 28, 1913
RESOURCES
Gold coin and certificates
$234,622,000
$235,3*+8,000
Gold settlement mid - 3T. R. Board
^•22,812,000
440.286.000
Gold with foreign agoncics
-132 .935T000
i35.6q6.OQO
Total gold held ty banks
796 ,369,000
811 .330.000
Gold with Federal Reserve Agents
1 ,172 ,191,000
1,148,724,000
Gold redemption fund
.118.704. COO
133.587.000
Total gold reserves
$2,087,264,000
$2 ,093,0 +1,000
Legal tender notes, silver, etc.
66 , 531,000
66.G25-Q00
Total reserves
2,15^,095,000
2 ,159 ,666,000
Bills discounted
~oy Government war obligations
1,603,313,000
1,736,033,000
. (All other
50^,795,000
1+78,176,000
Bills bought in open market
514. 219.000
495.595,000
Total bills on hand
2 .622.327.000
2 ,709,801+,oco
U. 3. Government bonds
26,8^-8,000
26,848,000
U» S. Victory notes
54 ,000
57,000
U. S. Certificates of Indebtedness
283.853.000
288,032,000
All other earning assets.
Total saining assets
2.933.082.000
3 ,02!+,71+1,000
Bank premises
12 ,896,000
12 ,878,000
Uncollected items and other deductions fro., gross deposits
920.299.000
1,013,426,000
5f<>Redemption f'ond against 3T. R. bank notes
12 ,696,000
12 ,671,000
All other resources
8.328. OOP
6.659.000
TOTAL RESOURCES
6.041.396.000
6 ,230,01+1,000
LIABILITIES
Capital paid-in
26.973.000
27 ,001,000
Surplus
81 .087.000
81
,087,000
Government deposits
39,792,000
98,157,000
Due to members - Reserve account
1 ,830,037,000
1 ,844,
000
Deferred availability items
7 17 ,552,000
861,1+36 ,000'
Other deposits, including foreign government credits
q4. 133 .000
qS.7qg.000
Total gross deposits
2,681, 820,000
2 ,902,825,000
IT* R. notes in actual circulation
2,881,359,000
2 ,852 ,277,000
F. R. bank notes in circulation - not liability
257,480,000
256,793,000
All other liabilities
52.677.000
50.058,000
TOTAL LIABILITIES.
6,0*41,396,000
6,230,041,000
Ratio of total reserves to net deposit and F. R. note
liabilities ccubined
46.4. $
45.5 fo
*Includes 1-year
Ratio of gold reserves to F. R. notes.in,circulation after
setting aside 35 /° against net deposit liabilities.
Treasury nctes*
53-7 f
52.5.#
St. 739a
December 6,1918
$353, 208,000
422, 491,000
__ ^ 829.OQQ
781 ,528,000
I,207,377,000
78. 4q6-000
2,067, 401,000
^5. Q66.000
2 , 121 ,367,000
1,467, 322,000
39o, 462.000
371. 406. 000
2,235, 190.000
29, 196.000
* 105,606,000
27,000.
2,370,019,000
650.039.000
4.844.000
22. 440.000
5 ,168 ,709,000
80.304.000
1 .134.000
185.355.000
1 .547 .838.000
514.512.000
106 .685.000
2.354.390.000
2.584.523.000
92.799.000
55.559.000
5 .168 .709.000
49.5 fo
59*0 5S
Released for publication Sunday morning, December 7. 1919, not earlier.
St.739^
RESOURCES A!IB LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 5, 1919RESOURCES
(in thousands of dollars.)
Federal Reserve bank of
Boston New York Phila. Clevel. Richrn. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Total
Gold coin and certificates
2,722 151,201 1,234 2,077
2,314 2,206 24,129 3,142 2,257
I58 6,565 12 ,6 11
234,622
Gold Settlement Fund - F.R.Board 5^,243
74,56l 22,792 43,191 31,662 23,249 57,009 12,456 9,362 37,297 24,295 26,629
422,212
Gold with foreign agencies
9,704
42,727 10,635 10,901
6,514 4,726 15,219 6,242 3»529 6,321 3,456
6,115 132>935
Total gold held by banks
72,669
274,549 4o,66l 62,169 40,490 3b,24l 96,957 27,852 21,214 43,836 34,316 45,413
796,369
Gold with F. r. Agents
71,692
291,356 77,485 118,420 45,381 55,097 243,826 61,207 35,733 40,126 26,651 105,217 1 ,172,191
Gold redemption fund
19,248
25,000 12,864
983 7,750 6,071 23.678
6,147
94l 3.983 2,776 9,263 118,704
Total gold reserves
163,609
590,905 131,010 181,572 93,621 97,409 364,461 95,206 57,288 87,9^5 63,7 ^3 1 5 9 .2 9 5 2 ,037,264
Legal tender notes,silver,etc.
4,535
50,107
477
913
209 1,220 2,715 4,744____ 6l
277 1,314
259
66,231
Total reserves
l62,l44 641,012 131,487 182,485 93,830 98,629 367,176 99,950 57,949 82,222 65 ,0 5 7 16 0 ,1 5 4 2 ,154,095
Bills discounted:
Secured by Government war
obligations (a)
105,868
667,512 184,407 116,672 24,478 65,497 173,759 43,519 26,167 43,330 27,630 64,474 1 ,603,313
All other
39,870 119,342 15,028 35,463 15,324 35,202 27,254 3 1 ,322 33,544 46,669 13,920 31,245
504,795
Bills bought in open market (b) 36,266
131,265 3,649 57,900 12,004 11,849 95.063 31.149 19,'040 10,205 12,663 92,566 514,219
Total bills on hand
182,004 918,719 203,084 210,035 111,606 112,554 356,676 105,996 78,751 100,204 54,213 188,285 2,622,327
U. S. Government bonds
539
1,257
1,325
844 1,235
376 4,4/7
1.153
H 6 2,262 3,966 2,632
26,248
U. 3* Victory notes
50
~
_
5I4U.S.certificates of indebtedness 22,021
8 , b4 l) 11 ,^95. ...223 .,851
75,^07 31,760 25,146 12,260 15.665 39,903 17,300
2,320 15,811
Total earning assets
204,624
995,^33 236,229 236,025 125,301 128,599 401,056 124,449 27,247 124,823 66,824 202,412 2,933,022
Bank premises
399
4oo
12,296
1,091
3,994
500
889
^91
5O3 2,936
600
402
691
Uncollected items and other de
ductions from gross deposits
66,250
920,299
225,597 75, 93^ 65,025 72,423 36,836 106,157 65.712 24,024 76,894 49,952 49,495
5/fe Ral3mption fund-against F.R*
baric notes
1,072
2,884
12,696
1,450
530
1,262
804
134
1,876
497
655
957
575
All other resources
224
2,328
350 _
514 ....... 39P_
1,363
783
2,181
200
1,092
245
753
* 173
441,465 1,270,283 445,950 486,439 300,801 265,571 880,293 291, 5^ 170,127 291,872 123,152 413,899 6 , 041,396
TOTAL RESOURCES
(a) Includes bills discounted
for other F,R*banks,viz.
-
-
-
(b) Includes bankers1 acceptances
bought from other F-R.banks:
With their endorsement
Without their endorsement
r 0 V 6 r lil: n t- ovox" '.ra:ft
-
-
20,850
3,500
-
15,210
27,732
15,118
10,551
.5,080
20,367
of
:7C ,w^C-
-
-
-
lo-, 005
5,065
5.012
-
10,185
24,350
40,473
23>252
VRf»loa<iAr! for jiablieo.tion Siunday morning; December 7, 1919; n°t earlier.
RESOURCES AND LIABIIITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 5, 1919(in thousands of dollars.)
LIABILITIES
New
York
Boston
Phila- Clevel. Hichm* Atlanta Chicago St*Loms Minn. Zans.Cy,. Dallas
Federal Reserve hank of
4,060
3,413 12,309
22,373
9,469
4,388
3,998
3,073
3,439
5.473
7,105
7,873
Capital paid-in
2,320
5
,s
6
o
3,800
2,805
32,922
9,710
4,578
5,206
2,029
2,589
3,957
5, 3H
Surplus
2,658
1,676
2,92s
3,662
2,102
6,467
2,269
3,157
1,119
Government deposits
2,305
11,455
746,535 100,122 128,145 62,091 50,278 243,715 67,368 50,874 86 , 64o 60,700 117,783
Due to members - Reserve account 115.786
162,920 67,778 58,161 68,655 36,590 76,730 51.027 17,106 66,257 31.335 22,886
58,407
Deferred availability items
Other deposits indluding
2,124 . 3,575
6,624
2,050
4,992
5,748
foreign government credits
43,117
6,073 ... 3,571
2,715 . 9 * 542. 4,002
182,246
964,027 177,681 195.307 136,419 91,852 331,663 125.055 70,104 160,134 95.204
Total gross deposits
F.S.notes in actual circulation 223,073
774,971 222,612 ,250,384 142,296 150,749 :480,334 142,049 85,014 102,342 71,006
F.R.bank notes in circulation 20,044
56,163 38,454 21,720 11,748 14,654 40,264 15.916 8,014 18,954 10,094
net liability
1,602
1,380
2,150
2,098. 6,013
3,791
19,827
4,019
1,875
2,487
3,736
All other liabilities
3.699
St.739c
Total
86,973
81,087
39,798
,830,037
717,852
_A
133..
52,677
441,465 1 , 870,283 445,950 ;486,439 300,801 265,571 ■
880,293 291,544 170,127 291,872 183,152
TOTAL LIABILITIES
Contingent liability as endorser
on Discounted paper rediscounted
with other F.R.banks
Bankers acceptances sold to
other F.R. banks
40,473
M E 1M O R A N D A
-
24,350
-
—
-
-
_
-
-
-
-
—
_
—
-
24,350
*+0,473
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F. R, notes outstanding
F.R.notes held by bank
868,304 234,433 265,747 147,937 154,417 507,521 161,921
5,641 3,668 27,187 19,872
_3l 1 Q6 _ 93,333 11,821 15,563
232,779
F.R.notes in actual circulation 223,073
Bills discounted
Bills bought in open market
U.S. certificates of indebtedness
86,329 108,502
1,315
6,l60
73,776 266,711 3.108,377
2,770 30.182
227-018
774,971 222,612 250,384 142,296 150,749 480,334 142,049 85,014 102,342 71,006 236,529 2,881,359
DISTRIBUTION OF BILLS AND U.S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES
V/ithin 15 days 16 to 30 days 31 to 60 days 6l to 90 days Over 90 days
Total
1,476,085
125,065
298,600
189,634
18,724
2,108,108
82,562
115,662
185,802
129,193
514,219
13,242
8,454
29,075
6,289
226,793
283,853
St.7394
Released fo r p u b lica tio n Sunday mcrning, December 7 , 1919; not e a r lie r .
FEDERAL RESERVE AGENTS’ ACCOUNTS AT CLOSE OF BUSINESS DECEMBER 5 , 1919(in thousands of d o lla r s .)
Federal Reserve Agent at
Boston
New York
P h ila . C le v e l.
Richm. A tlan ta Chicagc St.Louis I.iinn. Xans.Cy.
D allas San Fran.
T otal
.FEDERAL RESERVE NOTES:
Received from Comptroller
Returned to Comptroller
Chargeable to F. H. Agent
►
In hands cf F. R. Agent
'
<
•
Issued to F.R- bank less
amount returned to F. R.
Agent fcr redemption
H61.8OO i,90H,660 i*98,7S0 >.61,500 293.1*0 296.300 « * ,7 6 o 286,760 Htf.Uso 197,160 135.500 388,Wo 5.869,780
lS lt .721
233,007 166.913 12M 86 88.383 273,399 106,799
5 3 ,^ 1
93,039 113,962
277,079
981, 30U
2 6 5 ,773
44,300
113,000
31,3^0
,ll° i
868.^04
29» . 587 1&9,05>t 202,117 531, 3& 179.961
2 S.SU0
21,117
^7,700
26s , 7U7 147,957
2 3 ,^ 0
is,Q 4o
6,710
S8 . 8U1
5,^ Q
15,065
.1,150
356,562
507,,521
■COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
j
[
|
Gold coin and certificates
on hand
Gold redemption fund
|1
Gold Settlement Fund - F.R.
Board
Eli~It>l8 paper, mini ..Train
required
TOTAL
ATC/UH7 OF EI.IG-irLE PAPEB
- •' .DELIVERED 10 F. R. AGENT
1S3,7U0
-
37,525
-
13,692
12,616
13,096
15,895
1,381
58,000
95,000
64,339
65,000
44,000
2,500
M 97
2.682
4s , 500 235, 1^
4,000
-
S>S31
3,766
4,336
13,^39
93,153
36,360 1 3 ,^ 4
91,773
324,385
j,?sz,yn
13,052
4,277
.2,881
52,930
19,300
-
249 , 64s
161,087
R7h.a 4s Ih 6,q 4g 147,327 102,556
99,320 263, 695.100,714
232,779
868,304 234,433 265,747 147,937 1 5 ^ 1 7 507,521 161,921
86,329 108,502
73,776 2 6 6 J U
182,004
917,23s 161,014 208,542 106,593 104,330 356,193 105,973
68,495 100,204
5!+>2 i 3 171,269 2,53o,Oo3
STATEMENT FOR THE PRESS
Released for publication
Monday morning, Dec*
8, 1919 ; n-ot earlier.
s t . 7U0
Federal Reserve Board,
December 6, 1919*
CONDITION OF MEMBER BANKS.
Liquidation of
millions of Government war securities and war paper, part
ly offset ty increases in other loans and investments; also considerable withdraw
als of Government deposits and increased borrowings from Federal Reserve banks are
indicated by the Federal Reserve Board's weekly statement of condition on November
28, 1919 , of 79^ member banks in leading cities*
Holdings of U. S. Government securities show declines for the week as follows!
United States bonds - 6.2 millions, Victory notes - 9‘5 millions, and Treasury Cer
tificates - U«5 millions. Far paper on hand was 23.2 nillions loss than tbs week
before, while loans secured by stocks and bonds show but a nominal increase of 0*7
million for the week. All other loans and investments went up 32*2 millions,the
incroase for the New York City banks alone being 25*7 millions, while total loans
and investments show a decrease of 10.,14 millions*
Aggregate holdings of war securities and war paper show a reduction for the
week from 2,803.3
2,759*9 millions, and constitute 17*9 Por cent, as compared
with 1S.1 por cent the week before, of the reporting banks' total loans and invest
ments.
For the New York City banks the percentage shows a decline for the week
from 22.7 to 21*9 per cent.
Net withdrawals of U-8,6 millions of Government de
posits and reduction of 6.2 millions in other demand deposits (net) are shown, while
time deposits remained practically unchanged. Reserve balances with F. R. banks
increased 5*7 millions for all reporting banks and 30*7 millions for New York City
banks, while cash in vault was 1.5 millions less than the preceding week. Accom
modation ty the Federal Reserve banks, as measured by the total of the reporting
banks’ collateral notes and rediscounted customers' paper, increased 7S«S millions
for the week, an increase of 61.2 millions being shown for the New York City banks
alone *
Beleased for publication Monday morning, December 8, 1919; not earlier.
PRINCIPAL RESOURCE AND LIABILITY ITEMS OF REPORTING MEMBER BANKS IN LEADING CITIES.
____________________ (In thousands of dollars.)_______ _______________—
Nov. 22, 1915
Number of reporting banks------- - - —
794
- ---- ~
Nov. 21, 1919
Aug. 29, 1919
May 29, 1919
794
774
772
269,097
269,073
269,25.2
268,378
- -
62S, 216
634,3bS
637,322
S52, 544
Other U, S. bonds including Liberty bonds-------------U. S. Victory notes----- ----- ---
265,955
275,522
319,222
Sl6 540
821.016 __
U. S. "bonds to secure circulation-- -----
-
- - -
U. S. Certificates of indebtedness ----------------------
V
X V / 41
J
* V
--
1.155. 560
1.739.522
1 ,979,20s
1,999,979
2,321,476
2 ,660*904
1 ,049,196
i,07'2>397
1 ,302,062
1,194,722
Loans secured by U. S. bonds, etc. - - - - - - - - - - - - - Loans secured by stocks and bonds other than U. S. securities -
3,221,644
3.220,937
2,914,632)
All other loans and investments-----------
9,210,613
9,172,416
2,370,737)
1,414,779
1,409,113
1,325,776
1 ,225,891
334,475
3S6,o46
345,605
344,662
1 1 ,336,262
11,343,025
10,802,505
10,442,847
2,227,964
2,225,186
1,923,494
1,729,689
123,053
231,701
524,017
541,247
1,107,935
1,054,532
1,123,709
1 ,250,202
679,546
227,428
235,772
Total U. S. securities -- ---- -
Reserve balances with !• R* bank
Cash in vault ---- Net demand deposits - -
-
-
- — — - -- — - —
- --
-- -------
-----
Tine deposits--- - - --- Government deposits - -
----- - - - - -- - - - - -- - -
Bills payable with Federal Reserve ban£
————
—
Bills rediscounted with Federal Reserve bank' ----j£atio of U. S. war securities and war paper to total loans and
investments, per cent - - - - - - - -
704,974 .
17.9
1S.1
10,561,604
22 -S
25-9
St^OJi
s
Federal Reserve District
No - reporting "banks
U.S.bends to secure circulation
Other U.S. incl. Liberty bonds
U.S. Victory notes
U.S.certificates of indebtedness
Total U. S. securities
Loans secured by U.S.bonds,etc.
Loans secured by stocks & bonds
All other loans and investments
Reserve balances with F.R. bank
Cash in vault
Net demand deposits
Time deposits
Government deposits
Bills payable with F.R. ^
bank
Boston New York Phila• Clevel.
90
56
112
1
+
1
,8Ul
>+8,759 11,097
13.536
62,198
29
,
1+11
275,007
ii+,%8
110,860 ii+,o6o 27.023
7,858
,1+50 61+,
^6.680 381,015
9l+,018
195,997
72,572 815 ,6Ul „ .
to,71+5 528,188 126,930 93,539
202,533 1 ,1+30,583 208,635 3^3,951
645,266 , 303,521+ 1+90,233 783.S03
720 101 60 3§+ 90 391
73,601
ai'.iri
2
b,57s 129.830 12,333 32,329
779,391 5,121,737 666,231 S21.U37
126,501
1+19,076 22,1+1+0 323,239
33 .573
553:923
553!923
7S,3^ 103 . W
P?j'lCIPAL_RESOURCE AND LIABILITY ITEMS OFTfflMBER BANKS IN F.
New York l>xty
Nov.28— -Nev.21
71
71
No. reporting banks
39
,01+0
39,062
U. S. bonds tc secure circulation
253
,261+
2
l
+
5
,
0
l
l
+
Other U. S. including Liberty bonds
97.782
101+.751
U- S. Victory notes
36*+,53035$, t e i
U. S. certificates cf indebtedness
738,285
761,535
Total U. S. securities
523,662
1+93,729
Loans secured by U. S. bonds, etc.
1
,
286,057
1,289,057
Loans secured by stocks and bonds
2 ,91+1,637 2 ,915.397
All other loans and investments
682,727 652.031
Reserve balances with F. R* bank
116 ,61+6
115,907
Cash in vault
K
685,335
>+»673,083
Net demand deposits
336,312
3^.355
Time deposits
85.157 115.307
Government deposits
1+97,1+01+
1+51,119
Bills payable with F. R. bank
203,256
218,202
Bills rediscounted with F. R. bank
Batic cf U.S.war sedurities and war
paper to total loans and investments,
22-7
21-9
*per cent
a
y
- ™
r —
—
• » -
Richm Atlanta Chicago St.Louis
35
107
82
1+7
20,859 17.15^
26,071 11+.015
^+,21+1+ 1^,375
37,19^ 28,680
1
+8 ,1+11+ 5,7^3
13,215 9,537
117,72c
. liqi+o
20,86 29,1"
2>+l,2l+6 $,1+12
97,3^31,369.
37,687 j2l+,7l+9 | 96,193 30,20s
1 1 3 ,59^ / 50.196
3*+0 ,27 y 332 ,95S;l,3^>969 2 ?9>S77
HO,i+l+O 32,9H
181,235 1+3,373
U.5W
70.576 K .g o
37M 30 2S9.997 l.JBO.97* 338,631
96,79^ U S , T O
5^,195 lu* g
—
”
Minn. Kans.Cy.
80
35
7,120 ii+,i+67
9,785 2i+,965
3.73S 8 ,15 1
22,321 20,98c
1+2 ,961+ 68,572
15.779 1 9 .75 s
30.737 73,^5S
256,039 1+67 ,Hi^
25,729 ^9,995
9 ,171+ 1 5 ,1+38
—
—
- —
g » :
Dallas San Fran. Total
6l
79^ .
^3
3l+,605
269>097
19,573
628,216
20,127 57.732
265,955
12,763
U.593
816
il
l6,YS0
60 ,62^ 161,051 1,979,SOS
6,513\ 28,857 1,01+9,196
30 ,37^ (
127,597 3,221,61+1+
209 ,30V 736,955 9 ,210,613
2i+,582 72,007 1,1+1^,779
3gi+,l+75
12,096 26 ,1+1+5
255 2g «=7 3| 3 £ g
^
|
^
oj
g
183,053
£ i i . j ; 565„ ^
22 ;oS2 _ 1 .7^974
2 1 31° j35:61215-“5U
' 107,935
All
ether
' M m AND'BRANCH CITIES AND ALL OTHER w.POKING BANKS _
reporting "bariks
City of Chicago All F.R.bank cities j;.R.branch cities
Ncv *28---Nov*21
Nov.28___Nov.21
Ncv.28--- Nov-21
Hov-28--31+1
31+1
178
178
275
50
275
50
100,988
100,987
66,199
101,887
66,199
101,910
1 ,1+38
■1A39
127,931 128,235
131,029
18,966
17 M 5 367 ,69^ 375 ,10^ 132,5^1
55.203
51+,306
56,251
55,899
2U,326
155,750 161+,06?
23,103
110,926
108,823
161.670
59>3.2Q_ 5l+l+,938. 550,523- 160,676
_59>3.l£L
1
+
15,3
15
1
+
1
5
,149
39^.201
393»2i+S
1,191,582
102,855 102,1+99 1 ,170,292
120,770
122,10
1
109,799
106 ,771*
8U3.522
70,251
818,627
69,333
1+08,613
1+03,gi+o 1+01,957
i
+
i
1
*
,
633
2,1+10,367
373,^97 373,091 2 ,1+0 3,171
1 ,666 ,71+6 1 ,667 ,^1+6 1 ,710,025 1,715,392
766,1+70 763 ,08! 5 ,833,81+2 5,795,573
171+.200
172,888
152,165
171,233
l,
05
l
+
,
060
130,271 1 ,069,3^1
126,836
93,001
91,^92
68,293
67,279
.„
,
1+2,312
221+.195 226,261
1+1 ,0 11
1,750,OSS
1,572,803
1,57^,385
1,7^2,01+7
8
,
020,612
958,691 8 ,022,012
91+1+,695
544,070
51+1+,1+69
600,039
601,898
21+6,819 1 ,11+1,996 1 ,11+3.678
21+9,201
2
1
,
09
s
23,959
22,333
16,921
18,21+3 11+3,799 186,61+1+
16,361
13
5
,
1+00
133,767
225,718
225,217
695 ,01+7
7^7,313
50,691
5^,119
66,021+
67,735
90,165
90,330
523,357
51
+
6,859
5^,671
62,957
f .'W
13.0
*5,7^
13*1
is. 5
18.9
18-0
1S.0
15.1+
15 .2
@FedFRASER