The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
r
Released for publication Sunday morning June 10, 1917. Not earlier.
X-199.
STATEMENT FOR THE PRESS.
June 9, 1917.
Credit operations of the Treasury resulting in large remittances to
New York of amounts subscribed to the latest 200 million dollar issue of
U. S. certificates of indebtedness, also discounting in connection there
with for some of the leading New York member banks, are indicated by the
weekly bank statement of the Federal Reserve Board issued today as at
close of business on June 8, 1917. Aggregate gold reserves show an in
crease for the week of 48.8 millions, all the banks except Kansas City,
reporting substantial gains under this head. Total cash reserves in
creased nearly 50 millions; Owing to the larger increase in net deposits
the cash reserve percentage for the 12 reserve baftks shows a decline from
65.8 to 63|4 per cent*
The gold resources of the system, iftcluding amounts
of gold held by the f'dcUt'ai freSetve banks and Agents stand now at $1,013,818,000, compared with $956,803,000 the week before; and $737,T86,COO at
the beginning of the year.
The New York bank reports increases for the week of 14.6 millions in
Government deposits and of 72.5 millions in member banks* reserve deposits,
as against a gain of 12.9 millions in cash reserve.
Investments of the
bank, largely discounts of collateral notes, also acceptances and certifi
cates of indebtedness increased about 60.5 millions, while the banks' ad
verse balance in account with other Federal reserve banks increased about
25,3 millions.
Changes in the reserve position of the other Federal re
serve banks are due largely to gains in Government deposits.
An increase of 47,2 millions in the amount of discounted paper on hand
is due largely to the discount activities of the New York and Kansas City
banks. The former reports a total of 44.2 millions of member banks' col
lateral notes held, of which over 20 millions are secured by U, S, certifi
cates of indebtedness. Nearly 60 millions - or about two-thirds of all
the discounts - are at present in the form of collateral notes. New York
and Chicago report also large additions to their holdings of acceptances.
Totals of both discounts and acceptances held are in excess of like totals
reported in previous weekly statacsnts. An increase of 5.8 millions in the
amount of U, S. certificates and a decrease of 8,4 millions in the total
of municipal warrants held are the only other changes shown in earning
assets, which constitute 629 per cent of the banks' toiall paid-in capital,
as against 517 per cent the week before.
Of the total, acceptances con
stitute 37,7 per cent; discounts 27,3 per cent; U. S. certificates of in
debtedness 16,8 per cent; U, S. bonds 10,1 per cent; Treasury notes 6,5
per cent; and warrants 1.6 per cent.
Government deposits show a gain of 130«;6? millions* This gain repre
sents the larger part of subscriptions to the most recent short-term, loan of
200 million dollars, the remainder apparently having been tedeposited with
subscribing banks.
Member bank reserve deposits show a gain of 55,8 mil
lions, the larger gain reported by the New York bank being offset by net
withdrawals from 9 other Reserve banks.
Federal reserve notes outstanding aggregate at present $512,527,000,
an increase of $12,683,000 for the week. Against th& total outstanding
the Agents hold $475,201,000 of gold and $37,930,000 of paper, The banks
report a total of $481,469,000 of F. R. notes in actual circulation and
aggregate net liabilities thereon of $32,476,000,
X-199 . a.
Not earlier.
[ES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JUNE 8, 1917.
June 1, 1917
March 9, 1917 December 8, 1916 June 9, 1916
June 8, 1917
330,184,000
245, 33 5, 000
299,225,000
- 330,001,000
2 55, 444, 000
205, 561,000
187,556,000
181,101,000
103,481,000
■ 205,886,000
3,053,000
2,325,000
1,533,000
1,703,000
2.730.0000
538,070, 000
489,834,000
427,969,000
■ 538,617,000
360,628,000
19,113,000
36.624,000
4,644,000
Legal tender notes, silver, etc..........................................
18,055.000
37.693.000
526,458,000
432,613,000
557,183,000
Total reserve.................................................................
576,310,000
378,683,000
400,000
400,000
420, 000
ve per cent redemption fund against F. R. bank notes..
450,000
400,000
50,854,000
18,500,000
11s discounted - Members..................................................
38,345, 000
20,155,000
98,021,000
116,100,000
108,860,000
119,782,000
Bills bought in open market................................................. ■ 135,270,000
58,188,000
36,387,000
29,126,000
United States bonds................. ........ ...................................
41,548,000
52,191,000
36,387,000
23,338,000
One-year Treasury notes................................. . ....................
19,468,000
11,167,000
4,190, 000
23,338,000
United States certificates of indebtedness......................
54,157,000
,
*
«
„
*
*
59,960,000
16,932,000
Municipal warrants........................................................
13,235,000
5.524.000
23,095,000
13, 312, 000
Total earning assets....................................................
192,886,000
294,748,000
224,077,000
358,500,000
157,819,000
Federal reserve notes - Net..................................................
26,208,000
29,878,000
20,608,000
18,760,000
23,923,000
Due from other Federal reserve banks - Net........................
3,677,000
3,143,000
4,811,000
36, 565,000
17,750,000
Uncollected items...................................... ..........................
.................
130,411,000
177,092,000
304,730,000
6.056,000
6,401,000
2,881.000
5,166,000
1,038,309,000
1,276,547,000
911, 032,000
715, 316,000
583,791,000
L I A B I L I T I E S .
Capital paid i n . . . . .....................................................................
57,000,000
56,985,000
56,028,000
55,746,000
54,863,000
Government deposits............................. , ,. . .............. .................
226,989,000
(a)96,478, 000
12,401,000
28,668,000
51,578,000
^^.e to members - reserve account........................................... .
.................
721,146,000
776,907,000
720, 488,000
^^m ber banks deposits - Net.......................................................
... 4. ,
**
* -*
618, 643,000
467,780,000
Collection items................................................. ........................
102,824,000
181,321,000 ( a )l 3 4 ,0 9 l ,000
Federal reserve notes - Het.....................................................
27,776,000
18,187,000
32,476,000
11,423,000
7,593,000
Federal reserve -bank noto 1 lability........................... ..........
. , », y , , ,
** * * * *
28,000
1,730, 000
All other liabilities including foreign Government credits
.1,833,000
1.854.000
504 . 000
808,000
247,000
TOTAL LIABILITIES................................................................ 1,276,547,000
1,038,309,000
911,032,000
583,791,000
715, 316,000
Gold reserve against net deposit and note liabilities.......
59*2$
61.3 $
74.6$
68.8$
70.8$
Cash reserve against net deposit and note liabilities.......
63.4$
65.8$
77.3$
69.5$
74.4$
Cash reserve ag’ st net deposit liab.after setting aside 40€
r
gold reserve ag'st net liab. on F.R, notes in circulation.
64,3$
66.8$
78. 3$
70.1$
74.9$
JiffiMORANDUJ.fr Distribution by maturities: June 8, 191 7..,
1
15 days 1 6 - 3 0 days
31 - 60 days
61 - 90 days
Over 90 days
Bills discounted and bought............................................... ..
91,288,000
30,141,000
67,153,000
41,134,000
3, 575,000
Municipal warrants.......................................................................
3,081,000
6,000
1,338,000
1,079,000
20,000
(a) Corrected figures.
Released for publication Sunday morning June 10, 1917,
STATEMENT OP COMBINED RESOURCES AND LIABILI'
R E S 0 T
J R C E S .
0-old coin and certificates in vault....................................
Gold settlement fund................................................... ............
Gold redemption fund with United States Treasurer...........
Total gold reserve............................. ............................
•
Released for publication Fun day morning June 10, 191?. Not -earlier.
X-199 b.
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE
(in thousands of dollars)
N.
Y.
Phil
a. Clevel. Richm. .Atlanta Chicago. St.^ouis
Boston
R E S O U R C E S .
25,377
173,235
19,638
8,055
$14,359
6,980
6,115 33,917
Gold coin and certificates in vault
29,377
24,000
14,677
.14,334
17,920
32,673
22,661
6,580
Gold settlement fund
350
250
20
322
653
216
216
50
Gold redemption-fund
49,727
191,405
22,711
49,035
22,310
12,911
66,806
37,070
Total gold reserve
31.892
396
182
1,217
99
782
1,150
-381
Legal tender notes, silver, etc.
223,297
49,217
50,123
13,693
37,451
22,409
68,023 23,861
Total reserve
_ _
——
—_
-'
5^redemption fund-F.R.bank .notes
45,057
3,349
9,197
7,705
3,545
3,913
3,053
6,156
•Bills discounted - members
10,664
52,395
9,8
67
6.424
5,475
1,956
18,938
11,311
Bills bought in open market
97
,452
18,369
13,216
17.467
14.672
10,337
5,501
21a
991
Total bills on hand
5,844
1,306
549
1,152
2,233
672
7,007
530
United States bonds
2,788
2,548
1,444
2,194
1,865
1,969
1,491
2,985
One-year Treasury notes
23,864
3,500
3,505
3,000
2,000
2,645
7,331
2,500
U.S. certificates of indebtedness
—
—
413
1
,382.
1.^621
466
15
31
915
Municipal warrants
126.792
25,379
26,051
23.191
19.808
40,229
10.340
16,980
Total earning assets
-—
——
15,942
552
1,373
5,398
Federal reserve notes - Net
—
1,309
16,229
11,533
3,345
123
3,680
3,390
Due from btlufcr F. R. banks - Net
34,445 126,949 29,344 12,921 11,510 10,047 36,897
5,706
Ijncollected items
64
464
1.463
312
298
1,691
130
20
All other resources
99,870 494 .443 106.467 105^268 65,324 34,667 155,918 50.022
TOTAL RESOURCES
-
-
-
-
-
-
-
-
-
OF BUSINESS JUNE 8, 1917.
Minnls.
12,499
8,848
352
21,699
210
21,909
- 5,188
1,630
6,818
1,857
1,340
2,119
——
12,134
—T —
10,309
105
44,457
Kas.Cy
8,036
.21,098
142
29,276
7
29,283
300
6,538
5,694
12,232
8,842
1,784
2,548
102
25,508
-2,221
10,726
174
68 ,212
L I A B I L I T I E S .
6,247
7,057
3,166
12,063
5,272
3,436
3,166
2,468
5,022
2,389
C^fctal paid in
6,527 34,935 10,240
9,166 10,022
30,637
39,632 23,629 27,314 16,293
G^rernment deposits
46,609 320,949 48,921 59,692 25,074 18,520 95,714 26,149 27,348 46,697
Due to^rsmembers- - reserve account
6,539
8,506
5,206 18,212
2,630
76,776 23,172 12,015
3,929
17,428
Collection items
-_ _
-2,531
5,303
11,957
1,788
-2,025
6,538
"Federal reserve notes - Net
——
43,715
289
Due to other F. R. banks - Net
—_
—_
—_
—~
—
1.308
35
;s
174
170
58
All other liab.incl.foreign Gov. credits
99.870 494 .443 106.467 105,268 65,324 34,667 155,918 50,022 44.457 68.212
TOTAL LIABILITIES
MEMORANDUM.
24,091 214,994 36,604 30,354 16,733 19,119 59,375 17,330 23,833 26,503
F. R. notes issued to banks
967
257
713
1.373
15,942
552
546
5.398 . l .i08 9 . 1,022
F. R. notes held by banks
22,718 199,052 35,637 29,802 16,47 6 18,573 53,977 16,241 22,811 25,790
F. R. notes in circulation
24.091 215.994 30.334 30.354
9.703 20,280 24,002
Gold and lawful money with Agent
4,519. 16,548 59,375
(a) Difference between net amounts due from and net amounts due to other Federal reserve banks.
...
Dallas S-Fran
Total
8,387 13,403 330,001
6,069
7,649 205,886
139
20
2,730
14,595 21,072 538,617
115
37,693
U ?62
15,857 21,187 576,310
-100
400
3,412
98,021
908
784 10,132 135,270
4,196 11 ,040 233,291
2,429
36,387
3,966
1,500
23,338
1,430
4,043
2,905
59,960
5,524
71
508
12,568 19,520 358,500
—~
2,943
26,208
6,939 (a)4,8ll
46
7,399 304,730
8,477
277
5,588
590
1
,2
7
6 ,5 *7
58,265
37,638
........
2,754
6,763
22,788
2,999
2,334
3,960
11,831
38,446
3,919
--
DY,U0U
226,989
776,907
181,321
32,476
109
1 .8 5 4
58,265 1/276,547
-
-37,638
19,§38 23,663
256 ... 2,943
19,672 20,720
17.338 23,663
512,527
31.058
481,439
475.201
Released for publication Sunday morning June
10 , 1917,
Not earlier.
X-199c»
STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS JUNE 8, 1917.•
(in thousands of dollars)
Federal Reserve Notes:
Boston
Received from Comptroller
N . Y.
Phila.
Clevel. Richm. Atlanta Chicago St. Louis Minnls. Kas. Cy.Dallas S. Fran.
$47,480
390, 040
61,340
42,000
30,100
36,380
76,140
27,340
34,640
42,720
36,920
27,060
10,339
77,246
8,756
5,806
10,687
6,356
2,265
5,150
5,617
6,677
8,731
3, 397
23,663
Returned to Comptroller
Total
852,160
151 0?7
-J- w.t*. j W O
<
Chargeable to F. R. Jlgent
37,141
312,794
52,584
36,194
19,413
30,024
73,875
22,190
29,023
36,043
28,189
In hands of F. R. Agent
13,050
97,800
15,980
5,840
2,680
10,905
14,500
4,860
5,190
9,540
8,261
Issued to F. R. bank less
amount returned to F. JR.
Agent for redemption
24 , 091
214,994
36,604
30,354
16,733
19,119
59,375
17,330
23,833
26, 503
19,928
23,663
512,527
In reduction of liability on
outstanding.notes:
Gold coin and certificates
on hand
Gold redemption fund
20, 810
1,281
203,818
11,176
3,730
2,094
11,628
1,726
519
2,896
1,572
585
3,365
588
13,955
1, 085
2,370
1,572
11,110
1,068
1,073
273,682
24,339
With Federal Reserve Board
2,000
-------
24,510
17,000
4,000
12,080
58,790
5,750
5, 240
20,060
5,160
22,590
177,180
-------
------
12,214
2, 571
7,627
3,553
2, 501
2, 590
16,733
19,119
17,330
23,833
26, 503
19,928
12,655
2,576
7, 628
3,553
2, 519
2,721
701,133
188,606
i
Amounts held by F. R. Agent:
A
i
1
* 1 1 1
T1
T"\
jl
As security for outstanding notes
Commercial paper
Total
Amount of commercial paper de
livered to Federal Reserve Agent
4
24,091
_
_
214,994
-
6,270
36, 604
6,278
-
-
30,354
-------
-
-
59,375
_
_
23,663
-------
37,326
512,527
37,930
•
•
Released for publication Sunday morning Juno 17, 1917*
earlier.
X-214.
STATEMENT FOR THE PRESS.
June l6,
1917 *
Large discount operations, mainly at the New York Bank, in conncetion with
the Liberty Loan, and heavy gains in gold reserve and deposits, are indicated
in the Federal Reserve Board's weekly bank statement issued today as at close
of business on June 15 , 1917* The statement does not fully reflect the con
dition of the reserve banks after thu recoipt of the subscriptions to the
Liberty Loan, since the weekly statements to the Board in most cases wer& dis
patched before subscription payments made during June 15 were definitely ascer
tained and entered on the banks’ books.
As expected, the demand for liquid
funds was greatest at the New York bank, which reports an increase of about
92 millions of discounted paper, and of about 21 millions of purchased paper on
hand.
The bank also reports gains of over 53 millions in gold reserve and of
about UO millions in total reserve as the result of redemption of its notes by
the Federal Reserve Agent and of additions to Government and member bank depo sits*
Other Federal reserve banks report "but little change in their cash re.
serves; except Chicago, which lost over 9 millions largely through transfer to
New York of Government funds* Owing to the relatively larger gain in net de
posits as compared with the gain in total reserve, the cash reserve percentages
of the banks shows a decrease of over 5 por cent#
♦
Heavy discounting of bank paper fcy the New York Reserve Bank accounts large
ly for the increase of 10U*8 millions in the banks1 holdings of discounted paper,
though Boston, Philadelphia, Chicago^ Dallas and San Francisco likewise report
considerable increases in the amounts of discounted paper held# Of the total
shown $158,379,000 represents the amount of member banks’ collateral notes,
most of them maturing within 15 days^ and over U5 per cent ^fting secured by
U. S. certificates of indebtedness*
The Eastern banks, also Chicago and
Kansas City, report substantial increases in their holdings of acceptances, New
York alone reporting an increase under this head of about 21 millicng*
Other earning assets show comparatively small changes4 Ur S* certificates on
hand show a decrease of 5*6 millions for the week, three banks reporting sales
of these securities in s«me volume*
Warrants on hand show a further decline
to about 2*5 millions.
Total earning assets - U83»9 millions - show an in
crease for the week of over 125 millions and constitute at present SUb per
cent of the banks1 paid-in capitals compared with 629 per cent the week before*
Of the total, discounts represent 4l»9 Per cent; acceptances 33*9 Par c:?n^)
II. S. certificates of indebtedness 11*3 P0r cent; ,;U« S< bonds 7*5 Per cen^
one~yi$ar Treasury notes U,8 per cent, and warrants 0*6 per cent#
An increase tf about $171*000 in the amount of the reserve banks1 paid-in
capital is largely the result of admission to the system of trust companies
and State banks in the Boston and St* Louis districts*
Government deposits
show an increase of over 32 millions, the latgqr increase with the New York
bank being due to transfers of Government funds from the other Federal reserve
banks- Member banks1 reserve deposits show a gain of 93*8 millions, a large
portion of which is, however, subject to immediate transfer to Government ac
count* The week witnessed the issue by the Kansas City bank of $3o2; 000 of
Federal reserve bank notes, apparently in connection with Liberty Loan trans
actions*
Federal reserve notes outstanding amount now to $527 971 / 000, an increase
for the week of $15;
000 *
Against the total amount of notes issued the
Agents hold $^59>9^2,000 of gold and $69^145^000 of paper*
The banks VopcM^
an actual F* R* note circulation of $491, 6l c),000 and net liabilities thereon
of $43,024,000.
j
.c e a s e d for publication Sunday morning June 17 , .1917 .
Not Parl, pr
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF TWtr twvtve-pct,™ *T
X-ZUi.
R E S O U R C E S .
jJ? i s t o f / T
RESERVE BAMS AT CLOSE OF
BUSINESS JUNE I 5 , 1917 .
Gold coin and certificates in vault......... ..........................
, C(r
^ ' ^ne 8j 1 9i 7
March 16,1917 December 15 , 1917 " June 16 1916
Gold settlement fund............................................................ 22l'q 7o '- n
lo^Rftfi'nnn
355,318,000
256,418,000
262,062,000
Gold redemption fund with United States Treasurer................
CLS i 0,uuO <^05 , 88b, 000
201,661,000
177,341,000
104 101 000
Total gold reserve........... .................... .........................................^-95.8,000 —.£,7 30 >000,
2,339.000
l.^Ul.QOO
1^833^000
Legal tender notes, silver, e”tc............................................... *
590,948,000 538,617,000
559,318,000
U35 , 302,000
367 996 000
Total reserve.................... . . . . ......... .................. ............ ]
^|^5.1|x000 -17, ^93,000
_ 16,176.000
7■
907,000
13^622^000
Five per cent redemption fund against F. R. bank notes-!.'.*
° 1 5 ,466,000 576,310,000
575,494,000
443,209,000
381 6l 8 000
“ills discounted - -Members....... ..............................................
400,000
400,000
400,000
1+20 000
^ 4^0 ^000
ills bought in open market..................................................... *
202,824,000 98,021,000
17,234,000
37,748^000
20 4 2 7 000
hited States bonds..................................................................... .
164,525,000 135,270,000
97,002,000
' 122,918,000
64^948^000
one- year Treasury notes................................................ .
36,400,000 3 °,387,000
29, 155,000
42,648,000
-52^75^000
United States certificates of indebtedness...............
***
23,344,000 23 , 338,000
19,368,000
11,167,000
4^190^000
Municipal warrants............................... ..........................! . . ! ! ! ! !
5k>38l4>000 59, 9 &0 ,000
—fL_4?0,000 — 5-t524j.OOO
16,029.000
11,19^ . 000
22 067 000
Total earning assets. ............................. ..........................
Federal reserve notes’ - Met......... -........................................... *
483,91+7,000 358,500,000
178,788,000
225, 676,000
164,'507^000
26,208,000
21,991,000
19,504,000
24*’ 419 ^000
Due from other Federal reserve banks - Net......................... H , 351,000
Uncollected items...................................................................... 5,642,000
4,811,000
3,379,000
47,586,000
21^6^000
All other r e s o u r c e s ..............................
290,320,000 304,730,000 155,976,000
.. . ..................
3^ *
TOTAL RESOURCES................... ! . . ! . . ! ! ! ! ! ! ! ! ! ! ! ! *...............
—iL217 ,•000. --1^88^000
__ 6 , 198,000
4.6*6,000
*5,538 000
L I A B I L I T I E S .
........1,41^,343,000 1,276,547,000
942,226,000
7 41,051,000
597^897,000
Capital paid inv. t. , , , , . ^ ........................................
^
*
J
Government deposits........................................................
.........
57,171/000 57,000,000
5^,054,000
55,731,000
SU 86U non
Dus to members - reserve account............................................... 5 9 ,130,000(a)2 2 8,125,000
18,594,000
28,762,000
55*751*000
^jjcinfoyr bank deposits - Net................................ .................
""870,734,000(3-) 775,771,000
726,104,000
....................
/
J
^P-J.lection items.....................................................
**'
, ~
~ “ '* * ’ * ***
643,136 000
U77 ?Q7 non
Federal reserve notes - Net................................! ! ! ! ! ..............
179,875,000 181,321,000
121,550,000
.............. ...
./
Federal reserve bank note liability___ ! . ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! *
43,024,000 . 32 , 476,000
19, 444,000
12 , 606,000
*8,003 000
All other liabilities including foreign Government credits
o
,000 . . . . . . . .
........
...............
^ 72x> 000
TOTAL LIABILITIES............. 7 .......... 5 ............V
. ?T? _
,- t - ^ ^ O O O
1 ^ 4 ,0 0 0
480.000
816.000
P.S 000
Gold reserve against net deposit and note l ia b ilit ie s ..*!!!
c ? h °°°
x a o S °°
942,226,000
7 41 , 051,’000
597 , 897^000
Cash reserve against net deposit and note liabilities.........
\i Ja
IV h J
77 '° ?
68 '3$
70.8#
Cash reserve ag'st net deposit liab.after setting aside 40#
5 ^
3 ^
79 * #
69 . 6/,
7 3 . 1$
S®1^ *"^serve ag'st net liab. on F.R. notes in circulation
^
r\ a
MEMORANDUM: Distribution by maturities: June 15 , 1917 ..
i _ ^ 'd a v s
16
n
89*3^
70.2$
74-0$
Bills discounted and bought................................
'
ys 16 “ 30 days
31 _ 60 days
6l _ 90 days
Over QO davc,
Municipal warrants-......................................................... ^ .........
189,458,000 39,600,000
79,889,000
54 472 000
x Qxn nnn
(a) : Corrected figurss.
...............
*>.000
6,000
l.JiS.OOO
3' 9^
Released for publication Sunday morning June 17, 1917 ♦ Not earlier.
WB3SKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL HESEHtffc B i l T A f
(In thousands of dollars)
R E S O U R C E S .
Boston
N. Y.
Phila.
Clevel. Richm- Atlanta. Chicago
$14,654 202,014 27,208 20,961
Gold coin and certificates in vault
6
34,354
6,979
21,049
41,153 10,128 34,513 15,983
Gold settlement fund
2 3 ,H 3
1,453
Gold redemption fund
350
6 ____ 63L
242 ____ 208
_____ ]SL
35,750 244
Total gold reserve
37,686 55,480 23,599 14 ,634
57,675
^ 6 8 . 18.634
Legal tender notes, silver, etc.
201
806
Jsa.
Total reserve
55,647
58,935
{j^redemption fund - F- R. bank notes
Bills discounted - members
3,524
U
9,738
10,473
3,271
12,593
Bills bought in #pen market
13,291 —7.3^248_ -11,196 .11,.552 - ^ 367 . ■1^5.2,
-25q8g4. .2101.2.39 21-^669., 15,07.6 .15,105
Total bills on hand
27,259
United States bonds
1,152
5,853
7,007
One-year Treasury notes
2,788
2,548
2,985
U» S. certificates of indebtedness
22,014
3,500
3,520
5,091
Municipal warrants
366
158 JL.265,
27
J5.
-IH.
Total earning assets
236,713 28,424 27,585 20,241
42,
Federal reserve notes - Net
1,464
5,088
Due from other F. R. banks - Net
5,556
1,362
9,171
1,485
1,593
Uncollected items
32,428
81,903
43,489
9,689
22,199
All other resources
104
768
JO_50
TOTAL RESOURCES
111.17 ^.^.5 i
105,137 117,038 56,889 37,272
,
.
L I A B I L I T I E S .
Gaoital paid in
5,112
5,272
6,247
3,^36
^Pernment deposits
11,264 126,559 17,204 21,538
4,086
7,318
Due to members - reserve account
75,602 25,078 18,822
364,992 48
Collection items
38,996
36,196 27,649
6,3^2
21,750
13,035
Federal reserve notes - Net
11,211
6,145
2,403
Due to other F, R. banks - Net
35,536
Federal reserve bank note liability
All other liab.incl.foreign Gov. credits
146
1.520
181
-TOTAL LIABILITIES
- I 1 .L 7 ^ 583.029 1057137 117.038
,
153,152
M E M O R A N D U M .
F. R. notes issued to banks
25,760
,044
39,624
17,411 1 9 , 5 ^
F.
notes Sel3...b?~b&iks.
. 4o4 .18,837
. VS
5.088
2,152
. 668
F. ft- notes in circulation
24
201,014
30,174 16,681 18,880
Gold and lawful money with Agent
25a? 60 194.851
62.044
32*506. -5,410.,
32L ;
(a) Difference between net amounts due from and net amounts due to other
7,839
,620
36,118 263,254 38,125
136,991
530
2,194
3,000
31,608
10,056
56,226
23,800 15,440
,968
22.291
5,223
1,306 549
672
1,871 1,969 1,491
2,000 2,600
10,013
495
2,332
32,695
11,205
1,660
JtlL
83 029
153 152
12,063
2,387 7,062
23,713
,686
100,627
13,651
6,163
M
56,889 37 272
1
,296
1.260
219,851
37,472
3
1
*
32,506
2 2
130.
JAML
VUxsa w
X-214 b
SDSTNESS JUKE
St-Louis Mirmls
8,298
12,471
-LSI ,
7
Kan *Cy. Dallas
8,059
1^,394 10,888 22,088
qi
210
m
22,983’ 23,569 30,486
1.122
221 _______8
30,494
300
2,854
4,819
6,186
£-199 -I M
9,05^
6.30Q 14.255
8,842
1,857
1,444
1,784
1,3^0
2
24,105 23,790
1 90 8,069
8,535
9,747
142
18,424
1.168
19,592
100
4,5^3
-718
SvFran,
14,934
11,075
_____ 33__
26,042
124
Total
365,020
221,970
___3,958
590,948
-24,518
,466
400
202,824
_
367, 349
36,400
23,344
54,384
2,4j(
483,947
11,351
(a )5 ,642
26,166 615
2,864
^ 1 52
5.261 12.016
3,970 2,429
1,430 1,500
164,525
2,233
2,500 2,072 2,500 2,000 3,587
212
20
203
_5i_
15,442 11,578 27,432 12,681 19,735
2,467
4,672
*+,739
2,651
193
8,588 12,060 9,844 10,285 15,935 290,320
292
146
454
-5^211
ISl
J2L
53,166 47,507 72.888 4V305 67.052
1 ,4 1 2 .^
2,468
3,243
3,166 2,755
3,960 57,171
14,880
7,776
6,770
7,659
259,130
10,363
31,657 31,494 50,325 23,^71 43,75^
870,73^
6,436
3,613
4,471
3,393
179,875
4,3^3
2,034 5,829 2, 245
43,024
6,99^
300
362
362
42
5 3,166,_4Z,50Z_ 72,888
1*3,305
2,047
M l
67.052 1,412.343
62
17,284 24,209 26,349 19,746 23,639
527,971
,3.6,356
i33_ X Q 9.7 . ____5 6 L
3 2 L _ M 6Z_
56,956 16,651 23,112 25,788 19,419 21,172 491,615
-9.657, 2 i o m .J a ^ 9 5 9 .. J d M l k -21,632^. -459^.942
Federal reserve banks
Released, for publication Sunday morning June
1 /, 191?•
Not earlier.
X-214 c.
STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS JUNE
(In thousands of dollars)
Federal Reserve Notes:
Phila. Clevel.
Richm. Atlanta Chicago St,Louis Minnls. Kas.Cy. Dallas S.Fran.
409,640
61,340
48,000
30,100
36, 380
81,060
27,340
36,640
42,720
36,920
27,060
884, 680
10,670
77,489
8,756
5,854
10,749
6,427
2,276
5,196
5,741
6,831
8.913
3,421
152,323
Chargeable to F. R. Agent
36,810
332,151
52,584
42,146
19,351
29,953
78,784
22,144
30,899
35,889
28,007
23,639
732,357
In hands of F. R. Agent
11,050
112,300
12,960
9,640
1,940
10, 405
16,740
4, 8b0
6,690
9,540
8,261
Issued to F. R. 'bank less
amount returned to F. R.
Agent for redemption
25,760
219,851
39,624
32,506
17,411
19,543
62,044
17,284
24,209
26,349
19,746
21,910
183,914
4 ,223
11,808
3,365
14,077
2,370
11,110
Gold redemption fund
1,850
10,937
2,09U
h 698
kjo
1,500
574
542
1,261
1,529
1,034
1,049
24,538
With Federal Reserve Board
2,000
--
25,010
19,000
5,000
12,080
61,470
5,750
5,740
16,060
5,030
22,590
179,730
As security for outstanding notes
Commercial paper
--
25,000
8, 297
--
11,941
3,071
--
7,627
3,131
6,390
2,572
- -
68,029
25,760
219,851
39,624
32,506
i 7 ,4 n
19,548
62,044
17,284
24,209
26,349
19,746
23,639
——
25,007
8,304
12,411
3,071
7,630
3,131
6,812
2,779
Received from Comptroller
1 Returned to Comptroller
Boston
N. Y.
$47,480
15 , 1917 .
--
23.639
?otal.
204,
386
527,971
Amounts, held by F. R. Agent'
In reduction of liability on
outstanding notes:
Gold coin and certificates
on hand
T O T A L
Amount *f commercial paper de
livered to Federal Reserve Agent
_ _
2,897
_ _
255,674
527,971
69,145
@FedFRASER