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Released for publication SuSRy morning January 21, 1917* 5®3* STATEMENT FOR THE PRESS. J anuary 20, 1917 • The Federal Reserve Board made public today its regular weekly bank statement as at close of business, January 18 - 19, 1917- January 19, being observed as a legal holiday by the Federal Reserve Banks of Richmond and Atlanta the statements showing condition of these two banks relate tc the earlier date, while the statements showing condition of the other Fed eral reserve banks relate to January 19. Aggregate gold reserves show a slight increase for the week while the combined cash reserves of the banks decreased 7-2 millions. New York reports net withdrawals of over 20 million dollars of reserve money, of which about 11 millions m s gold. This decrease in reserve is practically offset by a change from 7-3 millions due to other Federal reserve banks shown the week before to 12*5 millions due from other Federal reserve banks at present. Philadelphia and Chicago report the largest gains of gold for the week through the liquidation of discounts and acceptances partly also through increases of their credit balances in the Gold Settlement Fund, following the weekly settlement with the other Federal reserve banks. Discounts on hand show a decrease, for the week of over 7 millions, 5-9 millions representing the decrease in the•amount of member banks' collateral notes held. New York and Chicago report the largest net de creases in the total holdings of discounted paper. All the banks, except Richmond^show also smaller amounts of acceptances on hand than the week oefore, the total decrease for the week being about 7'7 millions. Transactions in United States securities, including the conversion of 2/?- bonds with the circulation privilege into 3fn bonds and notes with out the circulation privilege, are reported by 4 banks, resulting in a decrease by $3,207,000 in the total of United States bonds and an in crease by $3,457,000 in the total c-f United States notes on hand. New York and Philadelphia report purchases in some volume of New York City short-term notes, the total holdings of warrants showing an increase for the week of $737jOOO. Total earning assets show a decline of $13,681,000 ana constitute at present Jk6 per cent of the banks' paid--~n capital com pared with 370 per cent the week before. Of the total earning assets acceptances constitute 56.3 per cent; United States bcrnds - 15-7 ?er cent; Treasury notes - 3*5 per cent; discounts 9 ?sr cent, and warrants 5-5 ?3r O.i"t*■ ‘Grovernment deposits show a net increase for the week of $ 651 , 000, the Boston, Sti Louis, and San Francisco banks reporting substantial gains in the amounts of Government funds on hand, mainly as the result of trans fers from other Federal reserve banks. Reserve deposits of member banks declined abov.t 10.7 millions, all the tanks except Chicago, St, Louis and 'Kansas City reporting smaller figures than the week before. The "float" carried by the Federal reserve banks, as measured by the difference between asset item "Uncollected items" and liability item "Collection items" is $22,382,000 compared with $9,608,000 the week before. Federal Reserve Agents report they issue of $232,014,000 net of Federal reserve notes, a decrease for the week of $1,426,000. Against the total issued they hold $273,141,000 of gold and $ 20 -366,000 of p?.per. The banks report a total outstanding circulation of $262,9^7^000 and aggre gate liabilities of $13,890,000 on notes issued to them by the Agents. • Released for publication Sunday morning January'21, 1^1< ■ Not earlier. 18 STATEMENT OF COME I FED RESOURCES ATO LIABILITIES OF THE TWELVE FEDERAL RESER’TO BAMS OF THE UNITED STATES AT CLOSE OF BUSINESS JAMWiy /IS , R Gold Gold Gold E S O U R C E S . January lv _ coin and certificates in vault.................. ..................... settlement fund............................... ................................... redemption fund with United States Treasurer............... Total gold reserve.............................................................. Legal tender notes, silver, etc............................................. Total reserve..................................................................... e per cent- redemption fund against F. R« bank notes-- 13/17 January 12,1917 • . la* discounted - Members........................................................ Acceptances bought....................................................................... United States bonds.................... ................................................ One year Treasury notes. .. . ................................ -..................... Municipal warrants....................................................................... Total earning assets.......................................................... Federal re sc rvi notes - Net..-.................................................... Du<5 from other Federal reserve hanks - Net........................... Uncollected items......................................................................... All other resources............. ............................ ........................ TOTAL RESOURCES................................................................... L I A B I L I T I E S . Capital paid in .......................................................... ................. Cover;... ^r.t deposits..................................................................... Due to ::.e; bers - Reserve account............................................. iber bank deposits - Net........................................................ Llection items..................................................................... -• Federal reserve notes - Net....................................................... Federal reserve bank note liability.................................... ■ -All other liabilities............................................................... . TOTAL LIABILITIES............................................................... Gold reserve against net deposit and note liabilities....... Cash reserve against net deposit and note liabilities....... Cash reserve against net deposit liabilities after setting aside 40$ gold reserve against aggregate net liabilities on Federal reserve notes in circulation.............1 8 ........... . MEMORANDUM: DISTRIBUTION B'-' MATURITIES. J a n ./l 9, 1917 Bills discounted and bought...................................................... Municipal warrants.......................................... ...................... . « $288,309,000 212,0 5 1,000 1.78^,000 5 0 2 ,1 5 ^0 0 0 8.«rt3.000 510,681,000 1*00,000 October 20, 191o July 21, 13 it January 21,1-91&. 292, 829,000 261, 515,000 262,049,000 259 206,541,000 121,331,000 9 9,561,00. 1,782,000 -J - ^ l ^ O OO 501 , 152,000 38 4 ,284,000 363,541,000 3^78 _l 6 , 769.,.0Q0 _ 1Q.,.5& 14A % ^ 3 ,8 0 2 ,0 ^ 517,921,OjO 394,845,OOu 3 77 ,3 4 3^ 00 355, UOO.OOO kZQjQQj U^O/OOO ^ ,0 0 0 24, 231,000 21, 305 ,000 26, 937,000 27,J58, 116,103,000 82,o92,000 85 , 382,000 27,910,0 41,106,000 41,335,000 4a,746,o.O 20,242,0 l 4 ,8 3 f7,000 11,697,000 7,190, O X • •• • ,9 ■ >859*000 ^ 2 ,5 4 ^ 0 0 0 27, 723,OQ£ 206.156,000 109,63 2,000 198,978,000 ^ o ,734,00 19 , 902,000 1 5 ,io1,000 20,014,00 0 5,354,000 11,632,000 30,504,000 ll,982,0u0 13,0>>3,0 132,116,000 120,846,000 . . ......... • ... ■y ■ 12 .7 2Q .000 12,2^1,000 ?j93Q,pOQ _—4 ,7 56/yy|0 1 0 , v $877,819,000 889,118,000 633,312,000 613,523,000 511,3 17,219,000 108,447,000 37,899,000 18,314,000 LC,r)<£ ,000 192,475,000 24,064,000 55 , 706,000 27 , 759,000 680 , 586,000 ............... ............... i/< J /- * * . - . , - 111 , 238,000 13 , 558,000 271,000 889,113,000 7 1.5$ ' 73-9$ 74,6$ 55,682,000 $ 55,642,000 26, 116,000 28,410,000 669,874,000 538 , 102,000 ............... 109,734,000 11 , 896, 00: 13,890,000 1 , 032,000 484,000 269.000 633 , 312,000 $877,819,000 70.4/o 73-4$ 72-4f> 74.6$ , ^ . . . . 73-1$ 3175-3/^ - 60 days 16 - 30 da*'s ■ 1 - 15 days 4b,7 86 ,0 0 J 22, 5' 3,000 2,146,000 417,000 $31,661,000 1,17 7,000 55 , 183,000 54 , 277,000 , 54 , 609,000 28, 073,000 ........... 492, 000,000 . . . . . . 416, 656,000 . . . . . , . 10 , 120,000 1 , 692,000 11 , 571,000 251,000 137,000 511 , 326,000 613 , 523,000 66 . 8$ 69*3^ 69 . 9$ 6 l - 50 days 21 , 665,000 1,100,000 77-1$ 80.3$ 6 1 .4 $ Over 90 days ! , 011,000 3,756,000 L I A B I L I T I E S . 'tal paid in rnment deposits to members - Reserve account Collection items Federal reserve notes - Net Due to other F. R. banks - Not All other liabilities TOTAL LIABILITIES f 0 OJ 00 UD Released for publication Sunday morning January 21, 1917- Not earlier. M83 b. ■WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE TT<7ELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JANUARY lg - IS, 1317 . (In thousands of dollars) N. Y. Phila. Richm. Atlanta Chicago St«Louis MinnIs. Kan • Cy * Dallas S^Fran Clevel. Boston ■potal R E S O U R C E S . 136,206 24,581 16,044 13,088 $16,639 5,238 288,309 16,590 10,277 6,751 5,349 31,907 Gold coin and certif. in vault 5,639 41,644 17,016 23,827 16,809 6,o4o 17,546 6,790 26,654 11,873 5,445 212,051 3,425 34,932 Gold sett lenient fund 100 4 114 504 100 250 200 4o ...... 256 ..... 50 . . 15.0 . . . 15 1.783 Gold redemption fund 22,303 9,278 19,242 178,100 22,050 41,697 502,143 67,089 17,552 17,167 33,555 3^235 39,875 Total gold reserve 82 _ 653 1,181 . 2,436 . 430 ..._. .209 . .863 ... 647 .... 557 8,538 - 926 483 65 Legal tender notes,silver, etc 33,764 40,744 34.882 21,678 178,657 42,623, 22,385 __ 9,931 18,035 22,115 510,681 17,597 " Total reserve 300 100 3 ^ e d e m p t . fund - F. R. bank note3 400 647 2,418 480 1,163 642 89O 199 1,978 2,639 Bills discounted - Members 1,719 591 3,853 17,219 4,110 4,138 6.423. .. 6,475 . 3 ,2 1 2 9,493 31,7.97 8,227 8,189 Bills bought in open market _ 13,666 2,033 10.684 108,447 3,692 14.829 33,775 10.084 8,869 ._Zx33l_ 6.749 10,607 ..___Z,070 8,194 2,923 10,863 125,666 Total bills on hand 534 826 2,160 8,493 7,413 2,203 3,603 6,165 1,338 1,332 Investments: U- S. bonds 1,913 1,919 37,899 824 1,726 1,820 963 1,000 2,962 891 1,430 1,230 1,500 18,314 One-year U.S.Treasury notes 1,969 1,999 700 ... 2^*42_ 1,480 1,528 61 402 564 478 174 576 Municipal warrants 10,596 ..153 ix53i... 38^384 1^183... 18.382 11x353.. 10x115.. 22.513 10.728 11,815 13.1322 17 ,8 6l '8,109 14,878 192,475 Total earning assets —_ —_ 801 1,858 1,201 1,089 24, q S4 70 2,654 Federal reserve notes - Net 16,391 — _ 744 --623 1,742 Due from other F. R. banks - Net 12,529 873(a) 5,354 8,419 13,318 9,402 6,4l4 27,207 16,691 11,954 •9,218 15,580 4,895 4,764 132,116 4,254 Uncollected items 480 961 656 698 _____ 232. ... _3uP.ll. 3,084 863 452 1,498 All other resourcos .. 117 675 12,729 67 .806 _2L4^63i. ._I5xI8.4_. 11,202 42,395 33.041 110,924 44+832,... 33,853 54,252 32,637 45,959 877,819 TOTAL RESOURCES 2,409 11,822 6,020 6,514 2,800 2,400 5,229 3,361 5,020 2,688 1,054 2,034 2,781 1,469 4,277 2,363 45,243 234,951 45, 450 54,738 25,663 14,916 92,126 25,683 25,696 12,684 7,666 22,772 16,727 11,390 8,815 9,790 2,905 6,977 _ - 4, 120 3,808 - 3,453 _ _ — 489 5,198 2,509 783 1,347 -_ - 66 _ _22 43 67,806 ...21^.611 ...75^184..._Z3*202_..42*135,__31e.04l_ 110,924 . 44^892 .1 1 8 5 3 4,990 2,337 ME M0 R A N D U M . 13,946 105,488 16,934 10,558 19,016 23,707 7,166 16,782 F. R. notes issued to the banks 1,201 801 1,858 ._. _532.. F. R. notes held by banks 511 .. 1,0C<J .. ,1.6x391. . 1,051 5,308 16,243 F. R. notes in circulation 89,097 15,733 9,757 17,959 23,196 12,857 ,166 _ 1 2 j 4,3.5... Gold and lawful r..on.;y with Agent .... 43x146 105,488 16,934 10,558 14,506 . 13j.PI.6_ (a) Difference between net amounts due from and net amounts due to other Federal "i 3,074 55,642 28,410 669,874 109,734 13,^90 2,693 1,415 23,843 3,430 772 484 —- 3,930 2,410 36,237 3,254 19,907 21,130 22,628 2,570 148 228 17,337 20,982 22,400 17,407 13x245. 21,628 reserve banki: 14,752 2,654 12,098 292,014 14,752 273,141 502 45,268 3,324 1,737 347 5 4 ,^ 2 _ _ 68 4 5 .S59 269 t i l l ' 19 pG Ql+7 262,967 Released for publication Sunday .morning January 21, I 917 . Hot earlier. 9&>- c. STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS JANUARY 18,-131 • 1917 (In thousands of dollars) Boston N. Y. $28,880 180,1+00 30,480 17,660 29,500 35,380 11,880 7,72^ 59,492 6,286 4,002 7,084 4,038 1,714 2,718 ^P^hargeable to F. R. Agent 21,156 120,908 24, 191+ 13,658 22,416 31,342 10,166 Ifi hands of F. R. Agent 7,210 15,420 7,260 3>ioo 3 ,4 oo 7,635 Issued to F. R. bank less amount returned to F. B. Agent for redemption 13/946 105,488 16,934 10,558 19,016 23,707 Amount held by F. R. Agent in reduction of liability on outstanding notes: On hand: Gold coin and certificates 13,150 100,952 3,730 9,980 796 4,536 924 578 Federal Reserve Notes: Received from the Comptroller Returned to the Comptroller % Credit balances: In gold redemption fund With Federal Reserve Board - As security for outstanding notes: Commercial paper Total Amount of commercial paper delivered to Federp.l Re-serve Agent A Phila. Clevel. Richm. .Atlanta Chicago St«Louis Minnls- Kas. Cy. Dallas S . Fran« 12,280 • ~ -- 13.946 105,488 16,934 _ _ —- — .— 10,558 __ 4o6 ,720 1+62,380 4,936 1,968 103,217 25,838 30,384 15,752 359,163 3,620 4,708 7,756 1,000 67,149 16,782 19,907 21,130 22,628 14,752 292,014 5,165 13,230 4,3f0 10,340 28,120 35,320 973 2,282 19,822 23,527 3,000 3,o4o 7,166 2,960 Total- 22, 51+0 24,500 U 163,877 1,766 156 760 927 915 1,158 632 13,554 14 ,100 14,350 7,010 6,510 3,250 13,960 10,130 14 ,120 95,710 -- 4 , 31+7 2,500 1,885 1,000 7,166 16,782 19,907 21,130 22,628 4,348 2,500 2,208 1,312 4,510 4,631 19,016 23 , 707 5,341 4,657 18,873 14,752 292,014 20,366 Released for publication iation Sunday Sundaymoraine. morningsJanuary January28, 28,191 19^7 * • • 995 Not earlier* PRESS STATEMENT J anuary 27, 1917 * Continued liquidation of commercial and bank paper owned by the Federal reserve banks, accompanied by increases of reserve deposits and of both gold and cash reserves, are indicated by the Federal Reserve Board?s weekly bank statement made public to-day as at close of business on January 26, 1917* Aggregate gold reserves show an increase of 15*8 millions, while combined cash reserves show a gain for the week of 24.8 millions. The New York bank reports an increase of about 18*2 millions in its gold holdings, and of 7*5 millions additional in other cash resrve. . These increases are due chiefly to the change of a favorable balance of 12*5 millions in ac count with other Federal reserve banks to an adverse balance of 5*2 million^ also to increased deposits and the liquidation af earning assets to the ex tent of over 4*2 millions. The Cleveland bank reports a gain of 3*7 mil lions in cash reserve, together with increased deposits and reduced hold ings of paper on the one hand, and a larger balance due from other Federal bahka on the other* Commercial paper on hand shows a decrease for the week of about 1«5 millions, Atlanta and Chicago reporting the largest decreases inder this head. Of the total shown, $2,672,000, compared with $2,041^000 the week before, is represented by member banks1 collateral notes. A decrease of over 10 millions is indicated in the total M a c c e p t a n c e s on hand, all the bdnks reporting smaller holding^ than the week before* „ Transactions in t)< Si Securities, including the Conversion of 2^ bonds into 3^ *bonds and notes, are shown f or 6 banks, result ing in a decrease of $1,777.*000 in the aggregate amount of U, S. bonds, and an increase of $1,333; 000 in the aggregate of Treasury notes on hand- An increase of 1«7 millions is indicated in the total of municipal warrants held, largely the result of purchases during the week by 4 banks of New York city and Scrsdf town short-term notes. Of the total commercial and bank paper on hand, 2^*9 per cent mature within 15 days, and l6*6 per cent after 15 , but within 30 days* Of the warrants on hand, 9 Per cent mature within 15 days, and less than 3* per cent after 15 but within 30 days* Less than 1 per cent of the commercial and bank paper, as against 6l«5 P®r cent of the warrants held, mature after 90 days. Total earning assets, $181,426,000, were $11,049,000 less than the week before, and constitute at present 326 per cent of the banks* paidin capital, as against 346 per cent shown the week before* Of the total, 53*8 Per cent is represented by acceptances; 19*9 Per cent by U. S* bonds; 10*8 per cent by Treasury notes; 8*7 VGr cent by discounts, and 6.8 per cent by warrants. Government deposits show a decline for the week of 2*8 millions, the Boston, New York and Chicago banks reporting considerable net with drawals of Government funds. Reserve deposits increased about 18 millions; the principal gains under this head being shown for the 4 eastern banks* The f,floatn carried by the reserve banks, as measured by the difference be tween asset item "Uncollected Items n and liability item Collection Itemsn amounts to $29, 063 , 000, as against $22,382,000 the wBek before. Federal reserve agents report the issue of $ 291, 693 ^000 , netj of Federal reserve notes, against #iich they hold $273,320,000 of gold and $ 19 , 115,000 of paper- The banks' outstanding circulation of F. R. notes is stated as $255,768,000, with aggregate liabilities thereon of $ 13,509 000. Released for publication Sunday morning January 28, I 9I 7 . Not earlier. 995 a. STATEMENT OF COMBINED RESOURCES AND LIABILITIES QF THE-TWELVE FEDERAL RESERVE BABKS OF THE UNITED STATES AT CLOSE OF BUSINESS JANUARY 26, . lgij R E S O U R C E S . January 26,1917 January 18,1917 October 27,1916 July 28, 1916 January 28, I 9 I 6 . Gold coin and certificates in v a u lt... . .................................. $302,3*41,000 * 286,509,000 274,001,000 263. 865.000 259,931, 000 Gold settlement fund. ............................. ........... .............. . 213,771,000 212,051,000 122,587,000 102, 311 , 000 84.850.000 Gold redemption fund with United States Treasurer........... 1,813,000 1,781,000 1,391,000 1,918 000 1.146.000 Total gold reserve.................... ...... .............................. ' 517 , 925,000 * 500,31*3,000 397.979,000 36 ^ , 760, 000 349. 861.000 Legal tender notes, silver, etc............. ............................ 17,57q.000 * 10,338,000 9,976,000 . 15 ,^ 96,000 1-6,589 000 Total reserve................................................................. \ 535,504,000 510,681,000 407,955,000 3^5,357,000 381,3*6, 000 Five per cent redemption fund against F. R, Bank notes.. / i^qq qqq 400,000 420,000 450, 000 Bills discounted - Members.................................................. . . i5 7 u ' 000 17,219,000 21,131,000 26. 901.000 .27,59*+, 000 Acceptances bought.................................................... .............. ; 97 697 000 108,447,000 86,085,000 26. 314.000 83,J5J, 000 United States bonds........... .............................. ....................... 122*000 37,899,000 40,469,000 43 , 656, 000 21.372.000 One-year Treasury notes. . ......................... ............................ l g ^ 'o o o 18,314,000 11,435,000 • • • • *• » 7,925, 000 Municipal warrants.................................... .............................. i p ' p Iw V 10,596,000 29,890,000 .21,.220, 000 20. 602.000 Total earning assets............................. ................... . 181*426*000 192,475,000 189,010,000 194, 849' 000 95. 189.000 Federal reserve jwtes - Net.................. ................................ 27*061*000 24,064,000 16,846,000 20 308 000 : 36 , 469,000 Due from other Tederal reserve banks - Net....................... ( a K 4 1 2^ 00 0 " 5 * 35*+,000 33,197,000 12, 620, 000 10. 761.000 Uncollected ite m s................................................................... 1 2 6 ^ 7 000 132, 116,000 .. ........ ........... All other resources........................................................ ......... 1^609^000 12,729,000 3.708*000 5,514,000 9.994.000 TOTAL R E S O U R C E S ..^ ...................................................... $880,314,000 811,813,000 551,136,000 S 15'! 090^000 517 . 770.000 , , Capital paid in ......................................................................... $ 55,694,000 55,642,000 55,703,000 Government deposits.. .............................................................. 25,607,000 28,410,000 29,982,000 Due to members - reserve account.......................................... 687,841,000 669,874,000 ... Member tack deposits - Net ............................... .................. . . . ........ 551,918,000 Collection items........................................ ............................. 97,374,000 109,1 3 K 000 ......... Federal reserve notes - Net............................................... . 13,509,000 13,890,000 11 , 966,000 Federal reserve bank note. liability.................................... , , # 1 , 031,000 All other liabilities........................................... . .......... . 289,000 269,000 '536^000 TOTAL LIABILITIES......................... .................................. $880,314,000 8^7,819,000 651, 136,000 Gold reserve against net deposit and note lia bilitie s... 7 3 . 8$ 73*4^ 71.0$ Cash reserve against net deposit and note liabilities-.. 7b.3$ ih.bfp 72.8$ Cash reserve against net deposit liabilities after set ting 'aside 40$ gold reserve against aggregate net lia bilities on Federal reserve notes in c ir c u la t io n ...... 11-0% 75*3^ 73-5$ MEMORANDUM: Distribution by maturities: Jan. 26,1917 ' 1 . - 15 daysl 6 - 3 O days 31 - 60 days Bills and acceptances........... ............................... .................. 29,402,000 18,794,000 51,790,000 Municipal warrants.................................................................. 1,108,000 327,000 2,388,000 * Amended figures (a) Net amount due to other F, R. banks. 55 . 206.000 56. 542.000 54 , 892, 0.00 27 . 760.000 491, 266,000 424,664 ,000 10,122,000 1 , 692,000 10, 313,000 262.000 615 , 090,000 6 6 . 9$ 69 . 9/, 70 , 5$ 6l - 90 days 12,414,000 889,000 141,000 517 , 770,000 11 M 80.8$ 81.8$ Over 90 days 1,008,000 7,537,000 Released for publication Sunday morning January 28, I 9 17 . Not earlier. 995 13 STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS OF THE UNITED STATES AT CLOSE OF BUSINESS January 26, 1917 (in thousands of dollars) N. Y. Boston . Dallas S.Fran. fchila R E S O U R C E S . Richm. Atlanta Chicago St.L. 6,900 5,434 Gold coin and certify in vault 6,138 33,034 14,473 10,468 $14,977 145,136 23,558 16,860 5,833 19,530 302,341 3,804 213,771 6,316 27.355 10,629 3,468 50,897 15,117 26,552 18,085 Gold settlement fund 15,132 2,912 33,504 100 84 Gold redemption fund 48 _____ 50 ... 250 495 200 245 125 . __i56 _ _ 45 .. ..... 15 .....1*812 Total gold reserve 30,159 196,283 38,775 43,460 23,764 9,545 66,738 18,025 16,909 34,411 16,507 23,349 517,925 90 . . . H u d l 220 ____ 572 Legal tender notes*-silver, etc1,270 922 960 688 3,054 1,110 8,069 497 127 31,429 204,152 39,697 44,420 21,891 10,213 67,848 21,079 17,406 34,631 llz.07.2_ 23 , 439... ..515^504 Total reserve ft , * 300 100 4oo redempt. fund - F. R. bank notes 206 903 524 1,702 ^ K l l s discounted - members 489 4 ,150 15,711 790 1,922 554 527 1,815 2,129 3,044 1,676 . 9 ; 203_ ...2.1,6.21 13,498 27,404 5,966 Bills bought in openmarket 7,342 7,436 3,688 3,902 5,545 8,993 3,568 .. .2/57.2. 9,409 111,408 14,288 29,106 Total bills on hand 7,781 9,520 7,831 7,818 6,011 9,358 6,099 36,122 3,603 666 826 Inves tment s : U* S. bonds 2,203 8,518 232 1,340 1,372 1,919 7,413 6,117 1,913 1,500 19,6-47 1,430 1,666 One-year U. S. Treasury notes 1,726 891 1,230 1,820 2,962 963 1,969 1,999 1,491 12^24^ 178 Municipal warrants 1,784 829 225 1,482 1,806 61 629 3,709 402 605 539 181,426 13,274 Total earning assets 17,574 11,208 9,296 13,827 9,732 21,517 11,529. 17 , 249. 34,773 . i , m . . 13,657 • * 27,061 142 Federal reserve notes - Net 893 • • 1,342 1,069 2,993 18,927 1,695 * f t a)-4 ,123 Due from other. F. R. ^banks - Net 467 ( 814 ’ 377 2,599 u , ,4,358 539 4 ,229 Uncollected items 14,497 126,437 11,560 9,266 10,136 15,780 3.917 26,997 8,137 8,985 8,575 566 _ 612 3,616 All other resources 474 . 737 13,609 ____ 986 ........701 227 2,727 1,109 11,000 57.756 TOTAL RESOURCES 285,750 34,091 33,206 107,949 44,497 62,293 69,8-57 75,489 _.45.,_B7.. M C l e v e l * i n n l s * K a s - G y . 1 1 7 T o t a l 1 J . 3 Z 8 8 0 4 3 , 9 0 1 L I A B I L I T I E S . Capital paid in government deposits ^Bie to members - Reserve account Collection items Federal reserve notes - Net - Due to other F. R. banks - Net All other liabilities TOTAL LIABILITIES 4,990 325 47,488 7,023 * • 2,421 46 62,293 11,852 3,197 246,548 18,875 5,199 79 285,750 5,230 2,861 46,086 1 4 , 9 2 8 * 642 90 69,817 6 , 0 2 0 1,157 58,582 9,730 • % • • 3,361 2,058 26,153 7,324 3>749 1,256 6,932 1,592 2 , 4 1 0 2,873 14,097 9,929 3,897 « .♦ 9 0 , 5 0 0 2,799 4,633 26,737 8,526 6,683 * 399 3,645 * ♦ 2 , 4 0 2 2,335 26,758 2,596 * « ft ft 3,074 44l 4 5 , 6 2 3 5,859 1 , 8 2 4 2,694 1,492 3,117 394 , 7 8 75,489 4 3 , 9 0 1 33,206 107,949 44,497 34,091 ft ...* ____ 45,397 57,756 31,000 1 8 , 9 2 7 8 9 1 1 2 , 8 2 9 1 7 . 5 5 7 1 0 , 5 1 4 1 1 , 8 0 8 7 1 4 14,727 1 , 6 9 5 5 , 4 6 6 . , 1 . L l 1 8 6 _ 2 1 ,3 . i 3 1 , 7 3 4 14,72? 8 0 • 28a _ 8 2 0 , 8 4 9 2 3 , 1 5 6 5 4 1 97,374 13,509 4 ft _ 7 .4 1 0 7 , 4 9 0 1 0 7 , 4 9 0 * 935 M E M O R A N D U M . 7 , 1 6 1 22,271 F» R, notes issued tn the banks 1 6 , 7 6 1 19,886 16,880 10,514 18,098 2 ,6 42 . .111 27-6 702 F. R. notes held by banks 1,342 1 , 0 6 9 16,061 17.244 20,738 21,995 F. R.-.n*tes in circulation 88. SI* v 15,538 9,621 22,422 18,914 21,601 Gold and lawful money with Agent ___________________ 16,880 13,898 ...18*S25_ 7 ,l 6 i 12,416 (a) Difference between net amounts due from and net amounts due to other Federal reserve banks. 1 3 , 8 9 8 2 4 55,694 25,607 687,841 3,930 2,643 35,966 2 3 , 3 0 3 , 3 1 , 3 1 4 2 9 1 , 6 9 3 _ .. .3 1 ^ 2 5 768 2 5 9 , 2 7 1 , 1 2 0 nele a^ei for publication Sunday corning January 28, 1917* Not earlier. ■)3d C STATEMENT OF FEDERAL RESERVE AGENTS * ACCOUNTS AT CLOSE OF BUSINESS JANUARY 26, I 917 (In thousands of dollars) Boston Federal Keserv© Note-o". Rsceived from the Comptroller 29, 5 D0 35,380 11,880 22,540 S,3>40 4,o46 7/402 4,089 1.719 2,737 99> 2,313 5,063 1,993 125,510 2*4, 140 13,6l4 22,098 31,291 10,161 19,803 25,506 25,807 30,257 15,727 365,022 7,260 3,100 4,000 8,135 3,000 3.040 5,620 4,956 7,986 1,000 73.329 13,893 107 ,U90 16,880 10,514 18,098 23,156 7,161 16,763 19,886 20,849 22,271 14,727 231,693 13,150 103 , 3^9 3,730 3,880 748 4,l4l 870 634 7,210 3 Creuxt balances In gold redemption fund rd rith Federal Reserve Board As security for outstandii Commercial paper 59,890 18,020 . . 12,280 2,960 2b, 5 \j j -L d.'-j 5.165 13,230 4,370 10,340 906 884 1,131 908 1,715 151 741 7,010 6,510 3,250 13,660 • >,3>7 2,500 » * 12,900 13,850 V « 4,290 >,631 18,098 23U 56 4,649 >,655 5,320 17 , 7 : + IOU ',358 l 6 6 ,1/^ 607 13,436 10,130 14,120 93.710 notes: fatal Amount of ccmmer.cial papej delivered to r«i»aaa Reserve Agent 69,330 17 ,o 60 21,108 Issued to F, R- Bank less amount returned to F. RAgent for redemption Total 30,48k 7,772 In hands of F. R- Agent Amoi!m% fcsli by F. R. Agent in reSuction of liability on en*t«ta»diTig notes: On hard' Gold „oin and certificate Phila* Clevel* Richm. Atlanta Chicago St*Louis Minnls* Kas*Cy. Dallas S.Fran. $28,880 turned to the Comptroller ^Chargeable to F. R< Agent N, Y*. . 13.898 107, >90 * % 16,880 # > 10,514 * 7.161 V * 16,76? >,3>7 1.935 19,886 '20,849 2,500 1,941 670 * 18,373 22,271 14/727 1,023 . 291,693 19,115
@FedFRASER