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7 X- Released for publication Sunday 'morning July 22, 1917- 292 Not earlier. STATEMENT FOR THE PRESS. July 21, 97 I I * Final transfer to the Federal Reserve banks of member bank reserves on the one hand and redemption of U. S* Certificates of Indebtedness due July , also large payments through the New "York Federal Reserve bank to foreign Governments on the other, account for the principal changes in the condition of the Federal Reserve Banks disclosed by the weekly bank statement of the Federal Reserve Board, issued as at close of business on July 20, I I , The principal changes affect reserve deposits of member banks, which show an increase of lU millions and Government deposits which show a decrease of 116.2 millions for the week* Aggregate reserves, mostly gold, show a gain of . U millions, the New York Bank alone reporting an increase of millions in total reserve. Chicago shows a decrease of about million dollars in reserve and an even larger decrease in net deposits* Its investment account increased by 3*7 millions, while the favorable balance of millions in account with other Federal Reserve Banks shown the week before, has been turned into an adverse balance of millionsA gain of U«7 millions in reserve reported by the St *Louis Bank is due chiefly to a change of a favorable to an adverse balance in account with other Federal Reserve Bank?* Discounts on hand show an increase of 21*2 millions, Chicago and St. Louis reporting the largest gains under this head* Nearly one-half of the discounted b ills held by the banks were member banks collateral notes, which show an increase from 50*U to ~]8*8 millionsNearly onethird of ihese notes, or *^ millions, were secured by U# S* Certificates of Indebtedness or temporary certificates for Liberty Bonds* Acceptances on hand iricreased about 2*8 millions, the New York Bank reporting an even larger increase in the holdings of this class of paper* Other earning assets show but little change* Total earning assets, U millions, show an increase of 24*8 millions and constitute at present 75^ P0r* CQn^ Of the banks paid-in capital, compared with per cent the week before. Of the total, ^5*3 Per cent is represented by acceptances, 37*0 Per by discounts, 17*2 per cent by U. S; Securities and 0*5 Per cen^ warrants* Largely as the result of admission to the system of the Bankers Trust and Savings-Bank af Minneapolis the capital account of the Federal Reserve Banks shows'an increase of $41^000* All the banks, except San Francisco, report smaller amounts of Government funds on hand* It should be noted, however, that considerable amounts realized by the Government from the Liberty Loan are at present deposited with qualified member and non-member banks, and are not included among Government deposits shown in the statement* All the banks, except St. Louis, report substantial increases in reserve deposits, though part of the gain is due probably to transfers on the books of the Federal Reserve Banks from Government account to the credit of qualifying depository member banks# Federal Reserve notes issued to the banks total at present $5 8 3'9 37 net, or $3*980,000 more than the week before* This total is secured by the deposit with the Federal Reserve Agents of $^ ,8 8 9 ,0 0 0 of gold and $168,233,000 of paper. The Banks reoort an outstanding circulation of 17 97 5*3 12 29 27.2 5*8 3*5 1 25 36.6 1 5 ;000 23 $53 ^ 226, 000, an increase for the week oi $ 1 , 718 , 000. X-292-3 . bo'la&aad for publication Sun-lay morning July 22, 1917 . Wot earlier. STATEMENT OF COMBINED RESOURCES AHD LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOS: OF BUSINESS JULY 20, 1917. July 21, 19 J 1 £ -S U R C E S July 20, 1917. Jul; 13, 1917. $2 6 2,049,000 $471,492,000 Gold coin and certificates in v ault........... .................. $488,119,000 ' 9 9 .5 6 1 .0 0 0 Gold sttlement fund................................................. .............. 403,821,000 388,3 53,000 52. 500.000 52, 501, OOP Gold ,vith foreign a g en cie s........................................ • 3 6 1.610.000 Total gold held by banks............. ................................ 944,440 000 91 2,34 6 ,0 0 0 Gold with Federal Reserve Agents....................................... 423,889^000 42 8,33 8 ,0 0 0 1 6 3.932.000 1 ,9 3 1 ,0 0 0 ll'. 691! 000 12 . 687 .000 Gold redemption fund.............................................................. 1 ,3 5 3 ,3 7 1 ,0 0 0 Total gold re*-'nr**. ..................................................... " * ‘ 1 ,3 8 0 ,0 2 0 ,0 0 0 527.473.000 ,egal tender notes, silver, e tc ................. ....................... 50 01 000 47,545,000 1 3 .8 02.000 *1.4.00^916,000 Total reserves ^ 321 000 541,275,000 Bills discounted - Members................................................... 161,386,000 140,163,000 2 8 ,9 3 7 ,0 0 0 \ 8 & ,382,000 '• Bill., bought in open market................................................. C , 7.-5 194,937,000 335,100,000 1 1 4,319,000 ' 359,111,000 Total bills on hand. .................................................... 43,961,000 4 9 ,7 4 6 ,0 0 0 4?, 255,000 U. S. Government long-term s e c u r i t i e s .. ..,............... . 30,359,000 7,1 9 0,00 0 U. S. Government short-term s e c u r it ie s ,......................... 33,050,000 2 ,441,000 . & , 186, CCu . I'.nici r.u /-rrvnt j .............. ...................................... . 2 7 ,7 23,000 Total earning Assets ................................................... qco 1 98,978,000 .sn ,co o Due frc;. other F, R. Banks - Net....................................... ' 4 ,1 1 3 ,0 0 0 “ 005 000 1 1 ,9 82,000 bncolxected iteao.................................................................... '2 4 2 ,9 6 7 ,0 0 0 :'a)253' 722^ 000 247,0£0,CC0 , T o t,1 deductions from gross deposits....... ..................................... ( ^ 6 0 ,7 2 7 ,0 0 0 11,982,000 5jo redemption fund against F. R. bank notes................... 500,000 500,, 000 450,000 All other resources....................................................... .. 6 1 1.000 786*, 000 1,7 56,000 TOTAL RESOURCES 2,116,1247 000 ( a ) 2 ,074,790,000 75 7,44 1 .0 0 0 L I. A a I t I I I 1 S ; 57,723,000 55.183.000 57,681,000 p<iapita] paid in ..................................................................... [ r ■Government deposits................................................................ 184,631,000 300,872,000 54.277.000 Due to numbers - reserve account..................................... 1 ,1 6 4,99 5 ,0 0 0 1 ,0 1 9 ,6 7 2 ,0 0 0 Due to non-item er banks - Clearing account 767,000 847 000 Member bank deposits - Net................................................... — -----492,00 0 ,0 0 0 Collection it e m s ........ ........................................................ 165,284,000 (a ) l 5 3 ,363.000 Total gross deposits . >. . . . . . .................................. . , 519, 677,000 ( a ) l , 48 0,75 4 ,0 0 0 546,277,000 i* . R. Notes in actual circulation.............................. . 226 000 532,508,000 1 5 4 ,03 8 ,0 0 0 Fl R. Bank notes in circulation, net lia b ilit y ......... . . 2^306*000 1 ,9 6 0 ,0 0 0 ' 1 ,6 9 2 ,0 0 0 All other liabilities including foreign Govt, credits 2^192*000 1 ,8 8 7 ,0 0 0 251,000 TOTAL LIABILITIES ,116," 124,*000 7 5 7 ,44 1 ,0 0 0 ( a ) 2 ,0 7 4,790,000 Gold reserve against net depoj.it lia b ilix ie s ....... . . % 74.7fb 67.7% Gold and lawful money reserve ag* st net osit l i a b i l s 78*1$ 78.6 $ 7 0 .3 $ Gold reserve against F,R,notes in actual circulation 81*5% 1 0 7 .7 $ 8 2 .8 fo (a) Corrected figures. 16 0 430 17 ,000 .1 435 533 1 • 3 1 4 6 534 2 1 7 74 2 411 Heleasad for publication Sunday morning, July 22, 1217. Not earlier. WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JULY 10. 1917 3 R E S 0 U R G E S thousands of dollars) N.Y. Boston Phila. Clevel. Riehm. Atlanta Chicago St.Louis Minnls. Kas. Cy.. Dallas S.Fran. $ 36,156 258,257 39,462 31,078 Gold coin and certificates in vault 6,448 7,398 41,860 4,781 19,052 8,458 13,965 21,194 11,165 125,790 15J.972 57,409 26,189 Gold Settlement Fund 7,340 59,916 2 5 ,u84 9,747 34,590 10,260 19,859 3,675 18,112 ... 3,675 Gold with foreign agencies 4,725 1,837 1,575 7.350 2,100 2,100 2,625 2,888 1,838 51,006 402,153 59,109 93,212 34,474 16,313 109,126 32,465 30,899 45,673 26,063 43,941 Total gold held by banks 22,391 161,961 33,377 30,970 Gold with Federal Reserve Agents 7,623 17,966 56, 669 14,944 21,382 14,666 15,828 26,112 500 5.250 GoM Redemption Fund 450 2.816 871 347 235 206 339 481 171 25 73,897 569,370 92,936 126,998 42,968 34,626 166,030 47,615 52,620 60,820 42,062 70,078 Total geld reserves 3.858 36.860 Legal tender notes, silver, etc. 1.296 296 157 718 1.925 3.214 91 454 1,275 157 77,755 606,230 94,232 127,294 43,125 35,344 167,955 50,829 52,711 61,274 43,337 Total reserves 70,235 19,258 33,260 11,843 Bills discounted - Members 8,924 13, 731 5,200 21,679 11,441 9,787 11,243 4,921 10,099 15.668 100.294 13.799 Bills bought in open market 8.762 4.932 ___1,359 28'856 3.572 861 12.818 4.800 3.004 34,926 133,554 24,642 17,685 18,663 Total bills on hand 6,559 50,535 15,013 10,648 24,061 7,925 14,899 530 TJ.S,Government long-term securities 1,305 549 5,853 1,152 699 12;803 2,274 1,857 8,844 3,970 2,429 U.S.Government short-term securities 2,194 7,760 2,548 2,933 1,969 1,584 3,724 1,524 2,015 1,784 1,567 3,448 Municipal warrants 111 158 1.263 115 1?.3 11? 51 203 20 Total ear dng assets 37,650 1'' 2, 730 27,897 27,735 21,899 8,842 67,315 1 8 / 2 3 14,520 34,740 13,483 *>0,979 Due from other F.R.Banks - net 3 >734 5,063 2,092 3,927 512 4.368 5 5 -4 Uncollected items 17.266 58.815 24,065 21.860 ! C : 3B3 8.941 47,046 13.410 6,08? 10,664 7,193 16, : •■ Total deductions from gross deposits 21,000 58,815 24,065 26,923 12,9,5Q .123.868 47,046 13J.410 6,701 15*033 7,193 22,324 5 Redernpt.,Fund ag'st F.R,Bank Notes 400 100 All other resources 103 79 108 1.070 77 30 144 TOTAL RESOURCES 136,405 807,775 146,194 182,055 78,053 57,162 282,216 84,232 74,009 111,476 64,256 113,538 I A B L 1 T I E S tal paid in 5,112 12,066 5,276 6,365 3,438 2,389 7,408 3,265 2,518 2,750 3,168 3,968 Government deposits 17,987 35,052 6,463 25,559 9,617 4,220 35,574 6,728 5,354 7,633 6,174 24,270 Due to members-reserve account 73,825 483,009 70,684 96,793 36,455 25,074 147,444 42,383 37,530 65,984 30,398 55,416 Due to nonmember banks-clearing ac'ct 4,765 2 Collection items 13,342 47,408 21,097 16,207 10,937 5,621 20,029 9,032 4,144 4,402 7,258 5,807 Due to other F.R. Banks - net 10.450 1.040 3.505 4.463 1. 789 otal gross deposits 105,154 580,684 99,284 138,559 57,009 34,915 206, 552 62,606 47,028 80,875 85,495 42,763 F.R.Notes in actual circulation 25,846 213,539 41,410 37,131 17,606 19,85£ 68, 249 18,361 24,463 25,127 18,743 23,893 F.R.Bk.Notes in circulation,net liab. 2,306 All other liabilities including foreigni Government credit: 293 -224 ij.486 -—_ — -- — ___ ___ _______ 7 ——— 182 1 a r>R an1 ? 771; *1AC. 1nA TOTAL LIABILITIES 84,232 74,009 111,476 64,256 1133-538 (a) Difference between net amounts due from,and net amount: clue to other F. R. Banks;- a X. Total 488,119 403,821 52,500 944,440 423,889 11.691 1,380,020 50.301 1,430,321 161,386 197,725 359,111 42,265 33,050 2,186 436,612 (a) 4,113 242.967 247,080 500 1,611 2,116,124 57,723 184,631 1,164,995 4,767 165,284 1,519,677 534,226 2,306 2.192 2,1 16 ,12 4 Released for publication Sunday morning July 22, 1917 . Not ^arlior. STATEMENT OF FEDERAL RESERVE AGENTS’ ACCOUNTS AT CLOSE OF BUSINESS JULY 20 (In thousands of dollars) fLc^ivGd from Comptroller Returned to Comptroller Chargeable to F. R. Agont In hands of F. R* Agont Issued to F.R, Bank loss amount returned to F, R« Agent for redemption f c j g 011 TOTAL Amount of ccmmorcial paper de livered to F. R. A^cnt 6^00 5 ^ 000' ^ 8 0 361,881 45,910 5.940 21 ,447 M 18, 357 21.258 1,090 ^ 8 0 123.420 57,177 14.500 32,391 238,U6l 42.677 18,660 152 , UlU 4,220 2,000 9,5^7 • * » 2,217 8, 821 2,149 26,940 20,000 623 7,000 10,000 76,500 9.300 9.000 42,677 9,300 . 2 £ g __ 30,3^3 3,090 _ 9,085 44, 891 12,500 • Collateral held by F. R.Agent as socurity for outstanding Gold coin and certificates hand Gold redemption fund With Federal- Reserve Board Commercial paper, minimum required ^560 - 1917 3 ^ S 103,569 29,900 .23,669 23,621 3,220 20.401 S $ 3, 548 ___L 5 l£ l . SL.301 32,468 35,1^5 27,619 6,690 . 9,440 ^ y * «w 8 , 46l 25.705 25.,17.8 19.158 8' 26,112 '^ 97^960 16_4J77 810, I 83 P’ ?f) C .C .UtPllfi u 26,112 583.937 -A -y/.y *f,I. iS 1,731 32,391 10,118 238, U61 77,095 3,296 365 14,102 13,580 459 56,210 739 10,840 1,030 6,250 11,060 11,110 1,058 3,660 10,734 3^292 17,000 5.457 4,396 11,039 3. 310 Ji— *JV 33,970 18,357 21,258 25,705 19,158 26,112 583,937 9,066 17 ,*+7 U 3,298 11,052 3,776 . . . 168,233 73,669 3, 20,401 17,199 5 ,% 9 2,370 1 , 236 25,778 396 922 25,190 218,358 22, 801 182,730 1•■A.60 J\J%f)4fi \JHO MEMO RAND A Federal Ro so rvc Notos outstanding and in actual circulation F. R. Notes outstanding F. R. Notos held by banks F. R. NoteS in ant/n^l rH rr 32,391 238, 46l O«w * \,/” 25,846 24,922 ^ 3 ,5 3 9 Within B ills discounted and boughl Municipal warrants 15 days 129,642, 1,084 42,677 1,267 41,410 39,970 18,357 2,839 ___ 751. 37,131 17,606 21,258 1,400 19,858 73,669 20,401 5,420 2,040 68,249 18,361 Distribut•ion of Bills and Warrants bv Matnr-i+.-i na . 15 to 30 days 31 to 60 days 6l 90 days 59,099 51 87,864 1,028 77,852 20 25,778 25,705 1, 315 -.... 578 >J 24,463 25,127 Over 90 days 19,158 415 18,7 **3 26,112 2 219 23,893 Total 4,654 359, H I 3 2,186 583,937 LlQ 711 534,226 A x-30Ua Released for publication Sunday lunclay morning July 29,, 29* 1917* Not o earlier* STATEMENT FOR THE PRESS. July 28, I 9 I 7 , Processes already in operation in connoction with the liquidation of advances by Federal Resorve Banks made to assist in the absorption of the Liberty loan arc again refloated in the weekly statement of condition of Federal Resorve banks made public by the Fodoral Resorve Board as at close of business on July 27, 1917 . The week*s operations show a decline In collateral notes discounted by a.bout one third; or from J 8*8 millions on July 20 to about 52 +H mil lions on July 27 * Collateral notes secured by U* S* certificates of indebtedness or interim certificates for Liberty loan bonds declined from 25*3 millions on July 20 to 12*7 millions on July 27* the remainder of the total decline in this class of holdings being furnished by member bank collateral notes secured by commercial paper. Figures obtained by the Treasury Department show that nearly three quarters of the Liberty loan of two billions has already been paid in full, leaving little more than one qua.rter still in process of settlement - a fact which accounts for the continuous falling off of collateral note operations at Federal Re serve banks♦ Reserve deposits of member banks after reaching 1,165* millions on July 20 shows a decline to 1,135 millions on July 27/ a re duction of thirty millions for the week* while Government deposits fell from 184*6 millions to IU3 millions* a reduction of 4l*6 millions* At the samo time total gold reserves which wore I 38O million on July 20 foil to I 362 millions on July 27 , a doclino of about 18 million* ,, Pprlr weak, thoro wore transferred from other Federal Resorve banSe/^S million^ dollars for credit to the ^.ccount of the Treasurer of the United States < while sixty millions were disbureod by tho lattor to the Fronch Government - a transaction which accounts for changos in tho resorvo and Govornmont deposit accounts alroa.dy roforrod to# Tho doclino in gold holdings was distributed among tho banks as follows: Boston 6 millions; New York 17 millions; Cleveland 12*5 millions; Chicago 9 millions; St* Louis 1*6 millions; Dallas 1*5 millions. Banks showing increases were Philadel phia 5 #5 millions; Richmond 17«5 millions; Atlanta 1 million; Minneapolis .5 millions; Kansas City 4*5 millions and San Francisco 1*5 ^ i l l i 0*16* The Now York bank shows a falling off of 38.5 millions in member* * resorvo deposits while other banks show minor increases or reductions# Bills discounted and bought show a decline from 359-x^ilXions on July 20 333*5 millions on jJuly 27 - or 25*5 millions in tho a.^gre^ato* Now York with 18 .5 millions and Boston with 4*5 millions show tho rroatost liquidat io n s under this hoad, other banks reporting only minor changes# Accept ances on hand wore 197 *7 millions on July 20 against 195 millions on July 27} a decline of 2*7 millions* Other earning assets show but slight changes* The total of earning assets shown is 412 millions a induction of 24*6 millions for tho weekTota*! earning assets are now at the same level as on July 13 , and constitute 712$ of tho banks paid-in capital com pared with 756$ on July 20 and 71 I# on July 13 . Of tho total, 33 *6$ is represented by discounts* 47-4$ by accoptancos* 18*7 $"■*>? U* securi ties and *3$ by warrants* The doclino in discounts which were 37$ of earning assets on July 20 occurs simultaneously with an oasin~ of call money rates. Capital stock is reported as 57*8 millions against 57*7 on July 20* Tho Fitchburg Bank & Trust Company of Fitchburg Mass* and the Marshall and Ilsoy bank of Milwaukee* -Wis* paid in 23 thousand dollars and 51 thousand dollars rospoctivoly upon becoming members* thus largely a.ccountin.^ for the incroaso* the remainder boin~ apparently due to incrcasos in the capital and surplus of banks already members* In connection with reductions of Government deposits amounting to 41*6 millions already notod it should be observed that of tho 60 millions disbursed in bohalf of tho French Govornmont 40 millions wore dopositod in member banks while 20 millions went outside the system* Fodoral Reserve notos issued to the banks arc reported as 584*5 millions or about -half a million more than on July 21* This total is secured by tho deposit with the Federal Resorve Agents of 434«2 millions of sold and J7C.7 millions of paper, an increase in the <rold protection of about 10 millions for tho week. The banks report an outstanding cir culation of 53^+ millions or a dohttp://fraser.stlouisfed.org/ croaso of about $ 200,000 for the wook. Federal Reserve Bank of St. Louis Released for publication Sunday Horning July 2$, 1917STATEMENT OF COMBINED RESOURCES AND LIABILITIES ^ot earlier. . aOF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JULY 27, 191'RE S O U R C E S July 2],' I 9 I 7 . July 20, I 9 I 7 ■ July 23, 1916 , Gold coin and certificates in vault................................ $460,764,000 ■ $488,119,000 $ 259, 931,000 Gold settlement fund............................................................ 405,739,000 403,821,000 102,911,000 Gold with foreign agencies. .................. ...................... 52,500.000 52.500,000 __ ____ ■ Total gold held by banks........................................... 919,003,000 944,440,000 3^2,842,000 Gold with Federal Reserve Agents...................................... 434,193,000 423,889,000 162,776,000 Gold redemption fund............................................................ 9,067 ,000 11,691.000 " 1,918.000 Total gold reserves.................................................... 1 ,362 263 000 1,380,020,000 527,536,000 Legal tender notes, silver, etc........................................ J 53/ 789^000 50.301.000 16,569,030 Total reserves l 74 liTo52 QOC 1 , 430, 321,000 544, 125,000 Bills discounted - Members................................................. 138 , 459,000 ' ’ ’ 161,386,000 27,594,000 Bills bought in open market............................................... 195 ■ 097 .000 197, 725.000 __ 83, 454,000 333,556,000 359,111,003 * 111,048,300 Total bills on hand............................. .................. U- S. Government long-term securities............................ 41,135,000 42,265,000 48,656,000 U. S. Government short-term securities....................... 35,818^000 33,050,000 7 , 925,000 Municipal warrants........... . .................................. ............... 1 ,4 6 9 ,000 2,186,000 ; 27,220,000 Total earning assets................................................... 411,978,000 436, bi.2,000 194,849,000 Due from other F* R. Banks - Net.......... ......................(-0-11,106,000 4,113,000 , 12, 620,000 Uncollected items................................................................. 204.756.000 242.967.000 . Total deductions from gross deposits...................... 193,650,000 24/,080,000 12,520,000 5f redemption fund against F. R. bank notes....... . 500,000 500,000 450,000 All other resources............................................................. 1.057.000 1.611.000 5.514,000 TOTAL RESOURCES 2,021,237,000 2,116,124,000 757,558,000 L I A B I L I T I E S Capital paid in .............................................................. 57,825.000 57/723,000 55,206,000 Government deposits*. . « .................. .............................. 143 , 032,000 " 184, 631,000 ' 56, 542,000 1 , 135, 456,000 1 , 164, 995,000 Due to members - reserve account.*........ ................ Due to non-member banks - Clearing account............. 8,547,000 4,767,000 Member bank deposits - Net......................................... . . . • • • 491,266,000 Collection itens 1T7■815,000 165.284,000 . 1,424,850,000 1,519,677,000 547,808,000 Total gross deposits........................................... 534,015,000 534,226,000 152,590,000 F. R. Notes in actual circulation............................. F. R. Bank notes in circulation, net liability......... . 2,459,000 2,306,000 1,692,000 All other liabilities including foreign Govt.credits.. 2,088,000 ______ 2,192,000 _262,000 TOTAL LIABILITIES ■ 2,021,237,000 2,116,124,000 75?,558,000 Gold reserve against net deposit liabilities................ 74.6$ 74-2$ 67 ♦8$ Gold and lawful money reserve against net depos*-.liabil's 78 . 8$ 78-1$ 70.9$ Gold reserve against F.R.notes in actual circulation 83 .0$ 8 1 . 5$ 10?*9$ (a) Net amount due to F. R. banks. http://fraser.stlouisfed.org/ 9 Federal Reserve Bank of St. Louis Released for publication Sunday morning, July 29, 1917, Not earlier. X-^OUh WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JULY 27, 1917. R E S O U R C E S ( j n thousands of dollars) W.‘ Y' Phila. Clevel. Richm. Atlanta Chicago St. Louis Minnls. Kas.Cy. Dallas S.Fran. Total Gold coin and certificates m vault $32,685 23*4,737 Ul,21 5 33j 3U2 6, *450 7,613 39,7*4*4 *4,752 17,792 8,522 1*4, 195 19,717 U60, ?6U Gold settlement fund 8,811 120,367 20,232 U5,UU3 U3 , 800 . 7,921 53 ,086 23,888 11,1+76 39,l40 8, 6?U 22,901 >405, 739 Gold with foreign agencies ^5.— 1*M 7 1,575 7,350 2.100 2.100 2.625 1.838 2.888 52.500 Total gold held by banks U5,171 373,216 65,122 83 , 5 10 52 ,.087 17,109 100,180 30 > 0 31,368 50 287 fC w 50^1^003 Gold with Federal Reserve Agents 21,891 173,670 32,905 30,880 7,U83 18,072 56,653 l U ,9 H 21 ,366 lU, 635 1 5 ,62U 26,103 *43*4, 193 Gg|| Redemption Fund _ ... *498-- ^ 0 ______ U50 22 85U 351 2^6 390 338 U91 17017 V Total gold reserves 67,560 552,136 98,*477 11U,*412 60,U2U 35 ,532 157,069 U6,0Ul 53, 0/ 2 65 ,U l 3 UO^Ol 71,626 ; 362 263 Legal tender notes, silver, etc, — 1*952___ 37,391 1.U80 519 200 69*4 2.U25 2.Q51 252 U78 1 32012 Total reserves 71,512 589,527 99,957 11 *4,931 60,6214 36,226 159, I49U *48,992 53 , 32*4 65,891 Ui,82i 71,753 1*41*4,052 Ellis discounted - Members Bills bought in open market tt o r + i + •+ • U.S. Government long-term securities U . S Government short-tenr. securities Municipal warrants j ^ j q6 30,*+37 c-zn 2 ^ *9,107 ^ Capital paid m Government deposits 5 ^ 3^ 11/635 S l e J o n ^ ; r ^ l S ^ a c c * t . ^ * 5,918 lU, 38I U,206 18,587 -ii.ro 1,152 M3.686 5,60*4 1,310 6,91*4 ' 326 21,823 20,178 11,515 26,757 *46,935 rii U.127 15ifkrr , 6*42 U ,W 9 1,521 698 11,609 2,266 1.58H f Uncollected , terns 15.298 Total deductions from gross deposits pi cmi Jp Redemption Fund ag'st F.R.Bank Notes ‘J All other resources & TOTAL RESOURCES A B I L I T I E S 126,57*+ 7,968 9' 9g Due f ron^other^F^R^Banks - net Banks - net 9,526 95 , 8q6 ., 1*4,5 I45 12,287 11^,913 2*4,071 20,255 1 cho c nio 9,196 "62,953 19,^32 10,635 305 10,9*40 1,859 2,015. 8 W , li 11,529 12^25 2*4, 05*4 8,816, 1»7*H 3I*, gsf 66 9,338 3.8 21 138,*459 195.091 7 6*49 I 3 159 3^3 556 ->5u 3,970 » ,* » 2 , U£$ 3, W *8 1 3 ,0 9 ^ 19,036 6 12,067 16,113 oh oir? * --- Ull' 973 20 5,276 1,9^5 e7^ & 2 g I £ 6,365 7,671 ] 100^ 3, *4*4*4 18,190 2 2 ,387 8,2*42 7,U65 3,267 38, UU6 2,*47*4 25,503 150 , 8 31 >+5,580 % ? . % 5' * j ^ vat SIS W z X 2,520 6,008 36; 5 18 ^ 3,175 2,757 7 „ 37 U 65,612 6,726 7' ° | t-M 28,956 3,968 18,208 57,825 1 *43,032 59,875 U 3 5 ,U 56 >’% > F.R.Bk.Notes m circulation,net liab. ................................................................................................................................... L I ... ^ All other liabilities including foreign J Government credits . 308 1,518 217 ____^ ______________ ___________ 3 ______ _____________ . . _ ... k2 , LIABILITIES 126, 57*4 759, ^ 6 2 1 5 1 , 530166,855 93 , 7 *4*4 61, 129283,920 78 , U30 ”73,101 110,700 " 617982' 110',798 \aj difference between net amounts due from and net amounts due to other F. R. Banks amount duo to F. R. Banks. Ml, 135 35,818 18%77 11,200 lo! o l)o!218 9.57U i,901 9 699 521 10* 175 * ! ’ 756 -- > -- ----- 9jJ2£±— xVj •*•/?— gy,3 *.l,? 2 ot c-in— TT^w\— — ?; r-7^-- „ J * J 9/735 *+,901 9,699 6,521 20,009 193^^50 *-* --*■ **• **« ••• ... Uoo 100. . 29_______ 22_______ 80 ... 271________ 62_______ 23 *4*45. . 759 , *+62 151,530 166,855 93,7*+*+ 61,129 283,920 78,1430 73,101 110 , 700 - 61,982 110,798 §021,237 I17 2U. 2U7 *4,9*47 2.702 M2 U59 J 2.088 5021,237 Released for publication Sunday morning July 2£„ 1917* Not earlier. STATEMENT OF EZDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OP BUSINESS JULY 27 , 191 J (In thousands of dollars) Federal Reserve Notes: N. Y» Phil Clevel. 1Boston • — — Richm. — r— AtIan Chicago St-Louis Minn's Kas.Cy. cpii,,, Received from Comptroller $55,680 5+53,160 66,900 52,000 32,980 37,180 106,220 31,100 38,640 U2, 720 ; 36 920 y ___ . , in rxq fte; P7n in inc iqa n c J _ ___ Chargeable to F* R* Agent In hands of F* R. Agent Issued to F*R.Bank less amount returned to F„R. Agent for redemption 4 4 ,84l 12.950 - _ iL _ ? 9 L 367,890 121x2.20. 56,705 lU,500 45,820 21,245 5,940 . _3»0.9Q 30,303 8,740 103,553 29.900 240,170 42.205 32*880 21,563 -XL. Collateral held by F* R* Agent as security for outstanding note s Gold coin and certificates on hand 18, Gold redemption fund 1,681 With Federal Reserve Uoard Commercial paper, minimum required TOTAL Amount of commercial paper de livered to F,R* Agent 1 Notes ~ m actual circulation 210 1 6 4 , 7*05 4, 220 8,820 3,441 2,025 2,060 8,965 483 1,051 2,000 26, 660 20,000 7,000 13,580 10,000 66,500 9.300 9,000 . 10* 672 3.491 31,891 240,170 42, 205 39.880 18,155 21,563 73,653 10,116 17,199 77.860 9.301 9.069 Federal Reserve 70 2 4 0 ,I 26,988 42 26,484 213,182 4l, 425 •Aitnin 15 days ,205 780 31,891 _ 5 .4 0 7 • Bills discounted and bought Municipal warrants Total 983,160 26,103 *** 816,615 232,151 i.r*J+* 26,103 584,464 114110 1,010 913 6,250 11,060 3*504 25,130 230,331 21,568 132,294 319■, 20,368 25,862 25,671 18^943 26,103 —150,271 __L.z^ 25,188 4,820 32,452 6,590 653.- 20^ 16.8 25,862 18,389 3,498 * ^t 443 56.. 210 17,000 MEM -F. Rr Motes outstanding F - R* Motes held by banks ti "n AT . , «, , S.Fran. 29,660 ” 3 5 .n i 9,440 25,671 18*943 f 4 • 1*. R. 18^155 X-30Uc 115,22* ^^t 39,880 2,198 3 ?>482 notes outstanding 18,155 21,563 609 .. 1.653 17,546 19,910 and in 73,653 4,841 68,812 3,353 718 10,840 5,457 5,462 O R A N actual 51 94,431 1,028 4,496 4 2, 370 1,205 11,036 . 3*. ■f:' ,496 11,099 18,402 73,393 20 584,464 170,664 4,175 2 A circulation- 20,368 25,862 25, 6/1 1,966 1,593 726 Distribution of Bills and Warrants by Maturities16 to 30 days 31 "to 60 days 6l to $0 days 4 4 , 7 9 9 14,102 1 ,0 1 4 24 ,269 Over 24,945 90 days 5,210 U9 18,943 482 18,461 Total 333,556 1 , U69 26,103 3,006 23,097 584,464 50,449 534,015
@FedFRASER