The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Eeleased for publication Sunday inorning December 2, 1S*7* Not earlier. STATEMENT FOE THE PEES S. Xbyjt; ^ ' Dec. 1, I 9.L7 , Considerable increases during the week in discount operations of the Eastern banks and large additions by all the banks to the volume of outstanding Federal Reserve note circulation are shown in the Federal Beserve Board5s weekly bank statement issued as at close of business on November 30 > 1917 * The Hew York Bank reports an increase of 102,6 millions in discounted paper, largely collateral notes, on hand. Its total investments,.owing to liqui dation of U. S, certificates show an increase of but 91*6 millions. During the weak reserve deposits at the bank increased by 39*1 millions, while the ba.nk*s note circulation went up 11.2 millions. Most of the ’western banks report consider able liquidation of discounts and substantial gains in reserve. Aggregate re serves show an increase for the week of 17,5 millions, mostly in gold. The banks1 deposit reserve owing to the relatively large increase in net deposits shows a reduction from 66.1 to 62. 8^ while their note reserve owing to the large pro portion of notes issued against gold increased from 62»6 to 63 «S per cent,; About JO per cent of the discounted paper held by the banks is repre sented by collateral notes which increased during the week from 449.5 to 526.5 millions. Of theod notes by far the larger portion is secured by Liberty bonds and Certificate dness, the amount of notes thus secured showing an increase from 365*4 to 405«o millions, largely at the New York Bank. Acceptances on hand show a reduction of 4*5 millions, Boston, Philadelphia and Cleveland re-porting the largest decreases under this head. Chicago reports the sale of 7 millions of Liberty bonds held temporarily pending adjustment of the bank's Liberty Loan account, while New, York liquidated about 17 millions of certificates of indebtedness. The total of Government securi ties held by the barks shows a decrease for the week of 2 2 ,f millions. Aggregate earning assets for the first time are shown in excess of 1 ' billion dollars and constitute at present 1536 per cent of the banks’ paid-in capital, compared with 14-53 per cent the week before. Of the total, 71*9 Pa:r cent is represents:! by discounts, 19*5 P er cent by acceptances, 3 .5 per cent by U. S. securities and 0,1 per cent by warrants. . Payment by newly admitted members for Federal Reserve stock is iepcrted. by nearly all Reserve banks. An increase of $1,115,000 out of a total of $1,364,000 is shown for the Cleveland Bank and is due to the admission of the Union Trust Company of Pittsburgh. Government deposits show an increase of 24,5 millions, while member banks' reserve deposits gained about 62.8 millions, the larger gain at the New York Bank being offset in part by considerable net withdrawals of deposits from the Boston, Philadelphia and Cleveland banks. Federal Reserve Agents report a total of $1,126,345,000 of Federal Reserve notes outstanding, an increase of about 24 millions for the week. Against the total issued they hold at present $490,932,000 of paper and $661,32.4,000 of gold. All the banks report increases in their Federal Reserve note circulation* the total $1,056,933,000 indicating an increase of $41,091*000 for the week under review. Released for publication Sunday morning December 2, -317 Not earlier X543a STATEMENT? OF COMBINED RESOURCES AND: .LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS November 30, 1917* R E S O U R C E S December 1, 1916. November 23, 1917. Novembe■ ‘ r 30, 1917 $ 261 , 917,000 -$4-99,887,000 $ 530 , 045,000 175 , 781,000 ‘ 3 95.236,000 386 , 662,000 .* . 52.500.000 52 , 500,000 437,698,000 . ^ + 7 , 623 , 000 . 965 ,207> OOC 252 , 057,000 Gold with Federal Reserve Agents........................................ . 661,824,000 623 , 9^8 ,GOG . 12,278,000 1,476,000 1 1 , 549,000 691, 231,000 1,621,725.000 $1,604,704,000 54,486,000 10,836,000 54,058,000 1 , 676, 211,000 702,067,000 1,658,762,000 - 756,^57.000 21 , 505,000 656, 002,000 , 205, “±54,000 106 , 606,000 209, 905,000 128,111,000 961,911,000 865 , 907,000 4 7 ,304-, 000 40,215,000 53,962,000 41,792,000 1 1 , 167,000 57 , 850>000 1,429.000 21,254,000 1,422,000 1,052,436,000 200,747,000 979,141,000 , (a) 7 ,091,000 38,188,.000 11 , 872,000 . 373.160,000 30 2, 525,000 3 7 3 , 160,000 314 , 397,000 38,188,000 537,000 537.000 420,000 2,499,000 _J.i29I.000 .2,495,000 3,104,843,000 TOTAL RESOURCES 943,917,000 2 , 956, 130,000 L I A B I L I T I E S . 55,737.000 67 , 136,000 68, 500,000 196 , 411,000 26,777.000 - 220, 962,000 «• « 1,426,648,000 i , 489,429,000 Due to non-member ba&ks - clearing account....... .............. ‘ 17.5^9,000 m*■ 22 , 291,000 ., 613 . 530,000 215,169,000 ••• 1 , 860, 519,000 640, 307,000 1 , 015 , 892,000 247 , 139,000 1.05W9S3 J33X F. R. Banknotes in circulation, net liability.__ . . . . . . 8,000,000 28,000 S.GGQ.OCO All other liabilities including foreign Gov't credits__ 4,583,000 706,000 "5. 555.000 TOTAL LIABILITIES 2 , 956 , 130,000 943 , 917,000 3,10^,843,000 Gold reserve against net deposit liab ilitie s.............. . 62. 6$ 59.4^ 72 , 7 $ Gold and lawful money reserve against net deposit liabilities 66. 15s 62. 8$ 74 . 5$ Gold reserve against F.R. notes in actual circulation... * 62-6$ 102.6$ 63 . 8$ (a) Net amount due to other F,R.Baoks $7,091,000 included in Gross deposits. - * • Eel eased for a'O'5icauxon bimday morning December 2.> IQ.17 Nnt ra "lie r e 1/CETLI.Y rZAT^OOT OF RESOURCES Al'TB IIABIirfr i TILS OS’ EACH OF I IIS J/iD^IAL 3E3EHVS X5i+3b _ •u & a K S F^SOFROFS UCxG. J- Cwx ^ xf a.Vi«u<tf<3m vdillt Gold settlement i.iina G *>ld with foreign agencies 'juOwci-i. g^ulu. violet vcQ .a1lS Geld with Federal Reserve Agents Coll rjder.p^ior fund A x CLOLjE GiT Bu SILE o S liOviivlLiiit, jO , (in thousands of dollars.; Boston N» Y, Phila Cleve, Rich. AtlHa Chicago St-.Louis Minn. I* 32,506 312,190 17,815 24/735 6,163 5.820 33,157 5, ^07 14,064 825 40,660 23,091 60., 833 42,495 11,238 65,198 32,975 21,043 4.725 1.837 1.575 —■■»675--ISuullS--3,675 7.350 2.10C 2.100 37,006 370,962 44,581 90,293 50,495 16,633 105.745 30,482 37,207 29,921 171,097 52,025 51,995 31,867 42,341 J 04,783 45,831 34,197 ■ 1.000 5.000 1.500______ 13 574 ’ 5^5 430 750 ' 719 1917 . -k&its1Cy\-JZ3.l-l.ee3*-S*, Fran •o 3-6±ai 3 ,1 3 6 12,617 32,237 499,687 43 ,6 58 27,974 35,246 395,236 2.6 2 5 1.838 2.066 52.500 49,419 42,. 429 70, 371 947,623 30,146 39,023 ?8 598 661,834 1 .0 5 4 514 56 12.278 80.079 72. 506 .'.OP, 025 1 .6 2 1 ,7 2 5 fO 641 24C 54.486 gOXu. r b S u I v 8 S 67,527 547,059 98,106 142,301 82,936 bl,552 23.x, 008 77,063 72,123 tender notes$ silver, etc —sL-623 42.931_____ 940 641 165 84Q 1.521 669 ____ 30? Tcbc,l T3ze~\T3Z 73 , 550 589,9 90 9 9 , 046 142.542 83,101 62 4-11 2-12, 529 77,632 t&} £,0 80,135 73,1*7 105,268 1 ,6 7 6 ,2 1 1 M £ 1 s discounted - Members 4 8,072 453,721 24,003 32‘.oi2 16.735 1 4 ^ 5 1 8 b .029 17,838 95,114 27.103 6,279 18,600 756,457 Bills bought in open market 23.038 56.190 23.542 27.414 13.340 4 TPfiQ 6.084 8 .2 6 0 7.537 4.0C9 14.675 16.425 205.454 Total t i l l j on hand 7 1,110 509,911 47,545 60,026 30,075 1 9 ,2 40 94,113 26,058 16,701 20,955 35,025 31,112 961,911 J*3*Government long-term securities 609 2,287 550 8,2 9 5 1,277 897 14.007 2,233 3,888 8,849 2,440 3,972 47,3 04 TJ* S , Government short-term securities 2,456 9,148 2,753 6,63-1 2,364 3,411 4,177 1, 693 1,814 2, 2 22 3,253 1,86 v 41,792 Municipal warrants -- ^ --- 2-Q16 44 12 ... ' _____25 _____ 46 ___ 1329 Total earning assets 7 4,175 522,362 50,892 74,969 33,716 23,834 112,297 30,024 20,428 4 2,1 83 28,226 39,330 1 ,0 5 2 ,4 3 6 Due frcn other F, R* Banks - Het ••• ••• 2,094 ... ... 1^ 686 12,999 4,521 8, 228 1,126 1,112 uncoilecbed items 2 U^S 1 -- 2-5>8.34__ 51.043 24.622 23.586 21.984 41.521 16. 979 12.7 28 21.779 14.769 22.334 373.160 Total deductions from gross depositsb 25,981 95,834 53,137 24,622 ’ 586 23,670 54,520 21,500 12,723 30, 007 15,895 Zd} 446 373,160 jf; Eedciipticn fund against F*R.Bk.notes 400 137 537 Axl otner resources 25 204 113 1.009 908 17? 3.499 TOTAL RESOURCES 173,706 1,^08,186 203,075 242, 533 140,428 11c ,149 379,459 130/165 106,490 152,729 117,580 172,109 3 ,1 0 4,84 3 L I A r I L I T I E S, C a d ^ a l paid-in 5,744 18,059 5,613 7,866 3,613 2, 723 8 ,646 3,441 2,589 3,379 2,791 4,036 68,500 Government deposits, 3-o^S1: 11,720 25,966 10,209 22,282 14,289 4,680 39,300 12,635 11,681 11,8 34 13,438 42,928 220,962 Due t j ■jie-m'berc -- resorve account 67,347 746,222 72,562 98,168 46,532 34,472 160,477 46,789 40,404 68,876 45,492 62,038 1,489,429 Due ii.on~.fi!tmoer bamcs—clearing account 9,385 *** 102 71 4,697 190 47 2 3.055 17,549 Collect’.or> Hems 19,087 62,398 36,468 16,161 15*057 10,401 23,776 13,044 4,066 13,634 8,162 9,523 231,776 to Banins ■ * i_. 7.726 1 .2 4 0 20,609 .364 1^918 (a) 7.091 Tocax gross deposits Ip ^,860 845,211 119,'239 157,322 83,242 49,624 'I Q m i & j* . 2^6 23 228,250 72,658 58.. 116 94,346 67,092 117,593 1,966,807 F, H Mrtes an actual circulation 61,443 342,336 7 7,635 76,910 53 , 573 57,802 142,553 54,066 45,785 46,693 47,697 50,480 1,056,963 A x-i* Eaiik notes in circulation,net liab. . . . ... ... 8,000 8,000 AJ1 other liabilities including for— 639 2.580 588 435______ *' ]** 311 4.553 c’ijn Government credits XuCAL LIABILITIES. S»” 3,706 \ 208,186 203,075 242,533 140,428 110,149 379,459 130,165 xG6,49G 152,729 1 1 7 ,b80 172,109 3 ,1 0 4 ,8 4 3 (a.) D x f ereuce oeiween net amounts due to ani net amounts iue^iroc, other F. R. banks. Released for publication Sunday coming December 2 , 1917 . Hot earlier. XS4lc STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT GLC3E OF BUSINESS NOVEMBER 30, 1^17. (In thousands of dollars). Federal Reserve Notes: Boston New York PhilaCleve Rich A tl'ta Chicago St. Louis Minn Kans Cy.Dallas San,Fr^n Received frcci Comptroller, 91,480 b05,4S0 111*,480 102,S80 73,300 80,340 191,720 62,700 61,480 70,740 67,540 64,200 Returned to Comptroller, 7,962_____2i 197 1 1 ,3 65 11,851 5,798 j j r g 5 9 „ J ^ 5 ^ 43__ ^->0.15___ 8,445 1 ^ 8 1 5 IQ >2^5 ___ 6 , 062 Chargeable to F.R.Agent, *+90,337 9 5 ^ 3 5 9 4 , 185,658 59,375 , " ’, In hands of F. R. Agent, 10,580 ,^20 14,080 13,9^0 3 ,0 0 0 10,9 40 3 8 ,3 00 2 ,910 5,090 9 ,900 7,650 Issued to F. R. Bank less iount returned to F. R. lent for redemption, 2 I ^ ^ 7 _ _ g ^ 3 5 5 _ _ g Q ^ 9 5 55»^g5 59.157 _ 1.47,358 33,828 47,193 4-9,475 48,039 53,402 74,221 435 58,485 70,097 113 61,738 52,283 55 689 58 402 « -bilateral held as security for outstanding notes: Gold coin and certificates on hand, Gold redejciption fund, With Federal Reserve Board, Corineroial paper, miiiimm required TOTAL, Amount of commercial paper delivered to IT, R, Agent, Total 1,590,340 234.155 1,356,155 1 :126.345 24,410 3 ,5 H 2,000 162,320 3,277 • ** 4,220 4,001 43 ,304 30,000 31,500 3,603 3, Of 8 35,67C >; * 152 104,631 2 . 5^ 2,013 41,305 1,736 2,717 19,500 28,360 12,474 35,881 242,985 33,714 385,125 33,720 205,320 29,330 23,500 23,613 16,316 42,575 12,997 12,996 1 9 ,529 19,016 19,804 <±64, 521 63,641 376,917 31.355 50,495 55,485 59,157 147,358 < 53,; J28 47,193 49,475 48,039 53,402 33,753 207,362 29,359 29, 55s 30 , 1^7 16,875 43,166 13,012 13,392 19,777 20,000 34,506 490,932 Federal Reserve notes outstanding and in actual circulation, 81,355 30,495 55,435 59,157 147,358 53 , 82s 47,193 3,720 5,583 1,912 1,355______ 4,795 4 ,762 1,408 49,475 2,782 48,039 58,402 ___ 342 7,9 22 1,126,345 69,362 ^ 7.697 1 ,056,983 i s ;237 3 , 75 s 367 13,102 ... l,5S5 i4;os6 2,469 ... 1,126,345- MEMO RA ND A . I* R. Notes outstanding, 'Em R* Notes held by banks, F* R- Notes in actual circulation 63,641 376; 917 _ 2 ,193 34,531 61,443 3^2,336 Within Bills discounted and bought Municipal warrants 4 http://fraser.stlouisfed.org/ 1 Federal Reserve Bank of St. Louis 15 days 531,763 517 77*635 -.76,910 53^,512 57,302 142 563 54,066 45,785 46,693 Distrioution of xsills and Warrants by Maturities. lb to 30 days. 91,555 15 31 to 60 days. 6l to y0 days. 140,417 141,927 125 652 50,480 Over 90 days b,24g 120 Total 961,911 1,429 7 *. ■ X559 fiel«ase& for publication Sunday morning December 9, 1917’ ’ Not earlier, • \ STA£EMB!T BOB JESE PEESS. Deo. S» 2911. Li<tuidatIon in some volume of discounts and acceptances, coujled with considerable decrease* in i»t deposits is indicated in the Federal Reserve Board's weekly bank stats&ent issued as at close of busi ness December 7, 1917* Federal B*serva notes in circulation show an in crease for the week of 53*6 millioas, while combined gold reserves indicate a gain of about 10 millions largely through the exchange of Federal Reserve notes for gold* The reserve situation Of the banks as gauged by the ratio of cash reserve to nat deposits shows an improvement for the week frobi 6£.£ 66.6 per cent, while the note reserve shows a slight decline froa 63*? to 63*2 per cent, The ratio of total cash reserves to net deposit and Fed" oral Beserve note liabilities combined shows a rise for the week fran 63*2 i to 65 .1 per cent. — X)taTng"the week the Resorts banks redeemed the outstanding balancer Of the 300 millions of U. S. Certificates of Indebtedness issued under date o£ September 17- The result is seen in a considerable reduction of the collater al loan account, largely at the New York Sank, The latter reports a gain of about ^5 millions in reserve, a redaction of 103-2 taillions in discounts and an even larger raduct *m in collateral notes secured by Liberty Loan bonds and certificates,', N#fc 4&po<iits:.\at the bank decreased 64,2 millions while its dote circulation went up by 15*7 millions* Boston reports an increase of 35-3 millions in discounts on hand, largely customer*1 paper secured by Liberty bonds and certificates, and a decrease of about 13 millions in acceptances.s Its reserves declined about 6.5 millions, while its net deposits increased about 13»1 millions. Cleveland reports a reduction of 22*9 millions in re serve following the withdrawal of about 16.S millions of Government deposits and a change of an adverse balance of 20.6 millions in account with other FecL3r.il Reserve banks to a favorable balance of 5*7 millions. Reductions in the reserves of other banks are due to withdrawals of GoyeJtSfaeiit d^posi££ ifiii to heavy transfers of credit balances betweenbanks on th<* books of the Gold Settlement Fund. on hand-Indicate net ffurii% week millions of paper» the larger total reported by the New York % n k P3-r*k y increases under this head shown for the Boston, Cl$v©~ i l 'J T * &nf ^ I'ra?ciscQ banks* About 55.4 per cent of the i ? ? ? ^ n * against n®arly 70 per cent the week before were memer banke collateral notes. Of tne latter, 283,7 millions, as against 405.6 s W * nS T *t ' SeCUJe<iL^y bonds Certificates. Acceptances op hand £ °L ? 0 Of 1! m S tS fl t u r l t u r © i S w S i t h * i n ^ 1 5 d a y s , l W f l i u l e ’ S o v e r r 6 2 p e r o e n t « m o n e - a t u r e h a l f w i t h o f i n a 3 0 i b i l l s h e i d d a y s . Phn** 1 Increases in the holdings of U. S. bonds are reported by the U s f K l Atlanta and Dallas banks, while increases in the holdings of citv Si!*? nTe 9lMmJ0A^ y f0* th« New York, i?hiladelphia and Kansas 10 ? f Government securities cn h*nd increased during the week fey at’prasint^Sir decraas<3ci 7^3 millions and constitute cLt22m t the banks* paid-in capital as against 153$ , ^er a ^ L t ^ s iQ ? ^ t / V * * t0tai' discouats constitute 70.2 p*r £ « t ; pe? cSb? P * ' * 8®curiw *8 « « * and warrants 0,1 about 4*i4g ciined a t o u r 52 0 8S S » L banks' a^ro^atd paid-in Capital increased by f S l h r i . 1^ 3 *‘,il9 reS" V6 d8r°Sit* d9‘ Jfes9rre f ' ^ ^ . O O O of ?e(is„ i total issued h L i*J r of i 58,322,000 lor the week. Against the of P p S L f 8? ! * f present $683,939,000 of gold and $536,4*3,000 Of paper, Federal ReSarve notes in actual circulation are «iven L ll iio « 7 * 000, an of ♦ 55.3^,000 for the » * . S i t* £ £ 5 « ‘ ™ 0S to ttie volume oaf thei* note circulation, ^ aaa^ions Pleased for publication Sunday morning December 9, 191-7* Hot earlier. X353STATEMENT OF COMBINED RESOURCES AID LIABILITIES OF THE TEELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 7 .'1917* RESOURCES. December J , November 30, 1917 December 8* 1916 5-1? Gold coin and certificates in vault-.... ............. . $ . 499 , 887,000 $ 500, 656,000 $245,335,000 Gold settlement fund............... . . . . . . . . . . . . . . . . . ......... 3 9 5 . 236.000 376 , 772,000 181,101,000 Gold with foreign agencies..................... .................... Total gold held by banks., ......... .......... ............. Gold with Federal Reserve Agents................................. Gold redemption fund........................................... . Total gold reserve^.............................................. ^ e a l tender,,notes, silver, etc.................................. . ^Pfcal reserves....................................... ........................ Bills discounted - Members................... .............. . -Bills bought in open ;,.a.rket........................................... Total bills on hand.............. ..................................... . U.S.Government long-term securities............. . U.S.GovenasBJtt short-term securities............. . Municipal warrants........................ . ...................... Total earning a s s e t s ............................. « . .......... . Due from other F. R. Banks — N e t . . . . . . . . . . . ................ Uncollected items.......................................... ................ . Total deductions from gross deposits........................ . 5$ Redemption fund against F. R« Bank n o t e s ........... All other resources.................................................... . TOTAL RESOURCES L I A B I L I T I E S ital paid-in............................................ ................... emment deposits. . ..................................................... » • • 6 $ 3 > ^ 3 9 , o o o 17.485,000 »■ (a) Net amount due to other F» R. Banks included in Gross deposits. _. . $ 1 , 621 , 725,000 ooo 54,486.000 1 , 683, 307,000 1 , 676 , 211,000 SL lS ^ 636.902.000 150.682.000 756.457.000 205.454.000 877.584.000 49 . 193.000 50.424.000 914.000 978.120.000 961, 911,000 47.304.000 41 . 792.000 1,429.000 (a) 7 , 091,000 373,160.000 26, 332,000 310.572.000 336 , 904,000 . 2 , 499,000 3,104,843,000 6 9 ,o 4s ,oo o 220,962,000 1^8 9,4 29 ,0 0 0 • 168, 568,000 •1,437,174,000 •* 1 3 , 662,000 * 189 861.000 . 1 , 052 , 436,000 373,160,000 537,ooo 537.000 2 968.000 3 , 001 , 836,000 • 426.436.000 264 639,000 661.824.000 12.278.000 1 631 358,000 to members — rasarvo aco-rcmo,.............. . Due to non-member oanks — clec^riiig accou- j* .14 Manber bank deposits. Collection items.-- -.............................................. Total gross d ep o sits..................................... . F% R. Notes in actual circulation............................... F. R. Banknotes in circulation,net lia b ility ...— . All other liabilities including foreign Gov't credits TOTAL LIABILITIES Gold reserve against net deposit liabilities............ Gold and lawful money reserve against net deposit liabilities Gold reserve against F.R.notes in actual circulation $7 ,091j000 i 52 . 500.000 947 . 623.000 52.500.000 929 , 93^000 68 , 500,000 1.533.000 692. 608.000 4.644.000 697 , 252,000 38.345.000 119.782.000 158 . 127.000 41.548.000 1 1 . 167.000 13.235.000 224.077.000 36 . 565.000 » »♦ ____ 36.565.000 420,000 2.881.000 961.195.000 §§t746,ooo 28.668.000 1 7 . 549.000 * • 1 . 809. 265.000 1 . 110 . 537.000 8 ,000,000 4.986,000 3 . 001 . 836.000 63 . 1 $ 66,6$ 63 * ^ 618.643.000 * # 231 . 776.000 (a) 1,966,807,000 1 . 056 . 933.000 8 000,000 ____ 4.553,000 , 3.104.843.000 59. 4$ 62. 8$ 63 . 8$ ^47 ,311,000 257 . 302.000 28,000 808.000 961.195.000 69. 8$ 7 0 .6 $ 103.4$ its.leased for publication Sunday morning Dev;t?iuu«r xi, + N + r X—559 WEEKLY STATEMENT OF RESOURCES hMD LIABILITIES OF EACH OF t h f r r L m r r f JuvCH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 7 , 1917. R-& U*x(Oi1«iD GKLi o r'in ana certificates in vault Gold settlement fund 6-old with foreign agencies Total gold held by banks Geld with Federal Reserve Agents G-o.l^^redemotion fund gold reserves Legal tender notes,, silver, etc. Total reserves r ~Bills discounted - Members Bills bought in open market T'vtal bills on hand U.S.Government long-term securities U,S Government short-term securities l-\r\i : i pa1 war rant s TodaI earning assets Duo from other F. R, Banks - Met k .! D vln thousands of dollars) » Kan LL1 v.o . Fran Total Cy Tai'n i l * ' S f c i «3?SW S " % » AT 4 ° ,ig ^ * 8 - ^ Minn. 14,400 1,587 12 ,687 32 ,520 1,033 76,795 24,456 36,085 40,200 11,046 500,656 55,417 20,773 12 ,882 3 6 , 0 5 6 25,611 25,414 376,778 .3^675-18,112 ,3^675 4,725 1,837 1,575 ? >350 2,100 2.100 3ik,936 412,048 45,592 2,625 1,838 2, ___ 52,500 , 48,2,87 18,346 jr; 28,33 9 29 ,382 40,278 40,136 60,822 26,290 170,875 56,804 529,934 31,816 44,554 106,596 45,818 35,156 _1> 000 10,000 1,500 53,899 41,123 30,092 40,814 683 ,939 91 .551 675 535 74^ ____732 513 62,22o 592,923 103,896 119,485 . 1,083 59 17,485 80,654 63,576 213,526 74,882 35,270 81,914 .4 ,7 9 7 42,154 793 564101,695 ,631,358 ____161 588 ___1,013 ____549 308 67,023 635,077 104,689 120,049 54 303 51,949 80,815 64,164 214,539 75,431 65,578 81,968 71,976 101,998 1,583,307 83,383 350,518 23,886 33,905 18,475 15,275 81,976 20,152 8,538 25,384 10,093___ 61_, 558 22,467 23,153 4,938 20,472 686,902 -13,397--7_,203 5,331 7 ,700 6,748 93,476 412 ,176 46,353 57,058 3,146 15,887 13 ,899 190,682 31,872 22,478 87,307 27,852 15,286 28 ,530 20,825 610 2,159 1,049 8,295 34,371 1,299 877,584 2,097 14,007 2,233 1,888 2,456 14,196 8,849 4, 464 4,272 7,014 2,440 49 ,198 3,169 3,391 3,6 03 1 ,444 1,414 3,534 ____ 511 44 3,475 12 2,264 50,424 276 25 96,542 429,042 51,910 72,379 46 _____* ♦ % ______ 914 36,340 28,242 104,917 31,529 18,613 40,913 **• 11,743 5,709 28,618 39,075 978,120 2,265 4,969 13,528 11,104 9,421 16_>795 67,558 34,069 17,82.9 7,640 (a )26,332 21,555 _25j_265 43 ,7 05 18 ,670 ToT.al deductions from gross deposits 16,795 12 ,724 22,726 15,719 13,857 07,658 45,812 23,538 23,820 30,234 310,572 43,705 32,298' 23,828 32,147 bf> Redemption fund against F*RkBk notes <•** 15,719 21,497 336.904 All otnsr resources »«« 400 137 * ** 155 378 537 945 ____681 TOTAL RE3CU3\;ES 695 180,360 1131,777 202,411 215,966 141,130 123,018 363,161 140,203 114 2,968 H B I L I T I E S 108,700 155,428 117,145 162,684 3,00l!836 Ca 1 patd~in 5,762 18,143 5,850 7,929 3,650 2,735 8,681 3,442 2,591 Govemxnfs,it deposits 9,415 21.057 3,393 8,448 5,514 2,796 23,102 13,462 4,076 69,048 12,685 17,074 13,597 Duetto members - reserve account 76,614 656,353 78,297 104,682 8,689 13,778 21 ,747 43,926 34,953 165,873 168,568 50,231 41,026 73,123 Bio no::--member tanks-clearing acct 6,346 ♦* * 98 44,938 67,158 1,437,174 79 3,480 115 Collection items 45 13,895 40.058 26,832 14,438 2 *•• 14,594 10,893 2,997 13,662 20,937 13,752 Due to other F. R. Banks - Net 4,289 13,111 9,875 28,479 6,531 10,531 ■189,861 609 Total gross deposits 109,799 752,793 113,577 124,732 1,184 U 1 ) -L / <0 58,957 94,925 66,431 F. R. Notes in actual circulation 63,876 358,004 82,403 83,043 1C2>433 1,809,265 55,858 60,896 150*824 55,589 47,152 F.R.Bank notes in circulation, net liab. 48,799 47,918 56,175 1,110,537 All other liabilities including for 8,000 8,000 eign Government credits 923 2,837 581 262 TOTAL LIABILITIES 311 / ' i n-f f + 180,36 0 1131,777 2 02 , 411 21 5,9 66 1 41,130 123 , 018 3& 3~16] 140 ? c'T 4,986 (a) Difference between net amounts due from and net amounts due to other F. R. banks. * 40,204 108,700 155,428 117,145 l6?.,fB4 3,0017825 30>228 __ ♦ -** I * * • A « 4 v * * • * Bel eased for publication Sunday morning December 9, 1917. Not earlier. STATEMENT OF FEDERAL RESERVE AGENTST ACCOUNTS AT CLOSE OF BUSINESS nrnCTMTrere 7 , 1917 . (in thousands of dollars) Federal Reserve Notes: Boston New York Phila Cleve Rich '.'-jLtUta Chicago St* Louis Minn, ^ans Cy.Dallas San Fran Received from Comptroller, 9 5 , 1 2 0 6 2 3 , 6 8 0 1 1 3 , 9 8 0 1 0 3 , 6 8 0 8 6 , 0 2 0 7 0 , 8 2 0 6 7 , 5 4 0 Returned to Comptroller, 1 7 , 8 1 0 1 1 , 9 6 4 5 , 8 2 2 1 1 , 5 6 3 Chargeable to F,B*Agent, 0 7 , 0 7 4 m In hands of F* IU Agent, Issued to F* B* Bank less ^teaaount returned to F*B. ^R.gent for redemption, . < $ * 6 1 0 .. 3 7 1 3 1 1 5 , 2 6 5 . . . 7 7 . 3 1 0 5 0 8 , 3 1 5 1 1 0 1 , 7 0 . J Collateral held as security for outstanding notest Gold coin and certificates on hand, Gold redemption fund, With Federal Beserve Board, Commercial paper, minimusi required, TOTAL, livered to F. R. Agent, 2 0 , 2 1 0 3 , 4 8 0 2 , 0 0 0 1 5 i S 5 . 3 , 0 5 • ♦0 . 9 , 9 0 4 , . 6 2 , 8 2 0 3 & 6 4 5 , 2 2 0 ^ 3 0 1 4 3 9 5 7 # 5 & 0 7 , 1 9 9 9 , 2 0 2 , 9 2 1 0 , 3 3 0 4 8 7 5 9 2 , 1 2 © 1 2 , 8 9 , 3 5 7 7 , 7 2 8 6 2 . . . , 8 3 3 1 6 , 6 0 , 6 0 , 2 8 0 . 1 4 7 9 6 , 1 3 3 3 , 4 0 6 1 7 0 2 0 2 1 8 , 2 6 6 3 7 , 1 9 9 5 7 , 7 2 8 6 2 , 8 2 0 1 5 7 , 6 3 3 4 3 2 , 0 1 8 , 8 5 2 : 3 O R 3 3 2 3 9 , 6 0 1 3 0 , 3 5 6 7 , 1 3 4 - , 3 M 8 E M 3 7 , 9 7 6 A N D 7 0 A 4 0 7 5 3 0 1 3 , 4 8 0 9 , 2 3 8 5 3 , 2 ' 5 S . | S 1 5 _ . . 1 4 . , 0 4 2 9 6 0 4 3 , 1 5 2 . . . 5 1 , 1 7 7 7 . 9 0 0 1 * 2 7 # • ♦ 1 3 , 1 0 2 2 , 5 0 0 1 , 5 5 , 3 0 5 2 0 , 5 0 0 3 5 1 2 , 9 9 7 1 2 , 9 9 6 1 2 7 3 5 3 , 3 1 5 4 8 , 1 5 2 5 3 , 2 0 1 4 , 2 0 3 1 3 , 5 3 4 4 1 5 4 1 2 , 2 6 3 4 0 7 6 8 , 4 7 2 , 7 * + 0 4 , 9 , £ , 0 2 , 5 1 0 6 , 6 3 1 5 , 9 " 5 2 ,- 6 7 2 5 , 9 1 2 0 6 7 . . . 2 , 9 8 0 3 3 * 3 0 0 3 9 5 , 5 1 5 6 1 5 7 , 6 7 3 4 o 8 3 1 , 5 0 . 6 5 * 6 1 0 9 1 2 3 0 , 0 0 0 3 0 , 3 3 0 5 5 , 1 1 4 2 0 4 7 , 8 5 4 2 2 4 , 6 4 0 , 3 , 5 4 , 8 4- , 6 9 7 4 , 7 3 0 2 2 . 3 2 0 9 8 9 1 2 , 8 0 0 2 J 7 3 , 8 6 5 , 5 7 6 7 , 4 5 0 8 , 1 2 6 4 , 0 8 0 2 , 4 3 8 6 6 2 , 6 . . . 2 , 6 4 0 1 3 1 3 Total. i , 6 4 1 , 4 1 , 1 2 9 3 , 6 0 3 , 9 6 3 4 7 , 3 5 1 , 7 7 3 7 4 3 3 , 1 2 1 4 0 , 1 5 4 1 8 , 0 3 4 2 1 , 8 0 4 5 0 0 4 8 , 1 2 6 6 2 , 6 1 8 1 2 , 5 3 4 ' 2 0 , 8 2 5 3 0 5 5 4 8 , 1 2 6 6 2 , 6 5 5 7 0 , 5 , 1 6 5 3 1 , 6 4 1 , 1 o 3 0 7 7 o 2 1 9 . . 3 C U . . . 2 , 6 o 2 3 6 , 6 3 3 8 7 4 3 6 , S 1 5 , 7 2 , 6 8 6 7 , 4 7 3 . Federal Beserve notes outstanding and in actual circulation. F. R* Notes outstanding, F. B. Notes held by banks, F, R. Notes in actual circulation, 6 5 , 6 1 0 6 3 , 3 7 6 3 3 9 5 3 7 , 5 5 8 , 5 1 5 1 1 , 0 0 4 3 7 , 1 ........4 , 7 3 4 3 1 3 2 , 4 0 3 8 7 M , 1 9 9 5 6 5 7 , 7 1 , 8 2 3 7 0 6 2 , 8 1 , 9 2 0 2 4 1 5 7 6 , 6 7 3 , 8 9 4 83,043 55,858 60,896 150,824 5 3 , 3 1 3 , 2 2 5 4 6 55,539 8 , 1 5 2 1 , 0 0 0 4 7 , 1 5 2 3 , 2 7 7 4 7 , 4 8 4 - 3 ,7 9 9 2 0 8 4 7 , 9 1 3 1 8 1 , 1 6 , 4 4 3 5 6 , 1 7 5 1 , 1 8 4 , 6 6 7 7 4 , 1 3 0 1 0 , 5 3 7 Distribution of Bills and Warrants by Maturities* Bills discounted and bought, Muni|lpal Warrants, Within 15 days 463,644 8 16 to 30 days 8 2 ,09S 125 31 to 60 days 143,070 150 6l to 90 days 182,232 631 Over 90 days 6,540 Total 377,534 914
@FedFRASER