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Federal Reserve Bank of Boston New York !Philadelphia Cleveland ;Richmond Atlanta Chicago |St.Louis ]Minneapolis ‘Kansas City X-15C7 F E D E R A L R E S E R V E B O A R D GOLD SETTLEMENT FUND. V»^ wJi UJ1w iw m 'u u j *>*?*-><■ iAn wiousanas ox ac ars/ X Balance Aggregate Settlements from April 25 to May 1, ‘ Aggregate ; i ast Gold Gold :withdrawals 1919 , both inclusive. T H A N deposits and S F E R S : statement with deposits: and trans transfers :Apr.24,1919, drawals Total fers to Agent's from Agent*s Net Net Total Credits Credits, fund Debits Deb i t fund Credit Debits -— ; 35,292 : 186,759 : * 3,973 : 53,925 : 2* , 9*9 ; 14,589 : 111,903 : 25,352 : 29,193 : 3*,085 Dallas : 7,581 iSanFrarci sco : 3 6,3 58 Total : — 10,000 — — 707 18t2 *5: 32,627 353 7 — 315 — — 32 FED ; : 10 , 000^ 216 : 106 : 1 , 300: 456 : 2 , 000: 100 : 65 : 2: _*)k.0v0 : — : 603,959 : Balance ;Federal : l^et Reserve : statement Aeent at ::A-pr.2*,1919 Boston : 51,000 New York 5, 75,000 jPhil adel ph ia. 51,889 •Cleveland 100,000 Richmond 30,000 Atlanta 37,000 Chicago 250 , 5* * St-Louis 38 ,-*31 Minneapolis 13,500 •Kansas City 31,360 ■Dallas e , 6s* ;SanFrancisco ; Total 779,122 — — 5,353 5,007 920 6,315 5,000 32 E E A L R E S E R V E Withdrawals Gold Gold for with deposits transfers drawal s to bank U, 00u — — — __ — 10,000 216 106 1,300 *56 2 #0j 0 1 , 2 <j\j 65 2 5,000 16,000 l, 600 13,805 2 0 ,680 1 * 0 , 01 * A G E N T S 1 Deposits through transfers from bank — — — — 5,000 5,C\;J 1,10 0 — 920 6 , 0oo 5 fooo 37*500 — Total with drawals * 1-000 ¥ 3,000 2,000 3,000 2 , 0'JO 1,10 0 6 .^ 3 5 1,500 2 , 1+35 36,361 15,000 *6,523 17,125 2U ,000 2,000 11,919 1,933 18,186 2 , 0U0 — 125,31S 77,2*5 22 , 7** 10,506 11,682 51,**0 3 * , 6ll 36,106 99,688 1,050,756 10,000 22,500 8,000 1 * 0, 01* Total decosits 10,000 1,500 5,000 5,000 920 6,000 5,000 500 ~5a£p0... 31,920 SO,973 1,967 330,136 126,619 76,763 60,275 28,526 105,092 283,613 109 , * 9* 100,838 *8,356 26,593 157,3*9 23>S57 2*,119 — 32,031 55,923 6,612 8,368 *,*83 2*,105 2* , * 2* . 1 , 050,756 99,688 3 1,112 * o ,* 6 ? —■ 2*,075 — 56,216 16.7S3 10 , 9*9 124,156 2* , 6*9 27,761 37,033 5 , 7*0 ' 592,012 F U N D — : 19,500 22.000 15,000 —— 1,500 500 1,381 10 p000 — 3,000 2,000 3 , 0o0 2,000 25,761 1,967 Balance in fund at close of business May 1,1919*. 35,617 17*,630 21,9 35 . . 3 3 ,^ 20 :Balance at rclose of ;business :May 1.1919 : * 7,000 : 75tooo : 61,889 : 101,500 : 32,000 : * 0,000 : 2* 8 , * 6* : * 2 ,* 3 1 : 17,*00 : 31,360 2 , 1 S* *. 91,379 :790,6o7 Summary of changes in ownership of gold by banks through trans* fers and settlements. Increase Decrease 325 12 ,12 9 3 ,5 0 6 2 ,0 7 5 2,919 67 12,717 3 ,6 1 3 2,368 2,883 1,811 ^ 6S 2 2U,0U7 2 * , 0*7 C O N F I D E N T I A L Not for publication P E E C H im L ® :^ 1^ ^ ^ , ™ TOTAT. TOStmTOS « ? LAHTOI 1K>KEr EES® '® 3 JSGAIHST MET DEPOSITS, “ Sl ! 5 E!liJ ™ S? VE N0IES m “ W A l CIRCULATION AND OP TOTAL RESERVES AGAINST CCtSBI*, r a S T ^ S S M « S K ^ S u l S S m OF ALL EEBERAL RESERVE BANKS. Ratio of gold and lawful money rese] re servo to net deposits to net deposits Apr ■35 — May 2 Boston i+5.3 3S-0 New York 61.9 63.1 Philadelphia 5+1.0 Cls'v eland 6 l.6 Richmond 5I+.1+ 1+0.5 1+0*6 1+2-2 1*0.0 1+6 . 1+ 1+2^9 1*0. g 1+0.6 5 1.8 52-3 7 0 .2 71*1 1+0.5 1+OvS 1+0-7 *+0 ,5 1+3-6 1+3.1+ ** 58«u 74.3 7 2 ,6 ^9-3 3*+.o 38*3 >9*8 1+1.5 U1.6 V + .i 1+1.3 l|l+,i 1+5 . 1+ W+.o 1+S.8 1+7-0 67.2 65*6 6 5 .5 6U»3 81,5 81.1 4UJ+ 1+7-7 1+7-8 51-5 55-0 6o*s 62 -r2 62.1 55.1 SO-rJ 36-7 1+0.8 s M 5U,3 53-S 6i+.2 53^5 1+3.5 43.0 ^3-3 1+7.1 ^3-3 5I+.9 1+8.9 Dallas 3 6 .5 It-U-.O 1+0.U 1+0-2 3S.6 1+1,8 1+1,7 1+6*8 San Francisco 50-7 1+6.5 5^1 55 >0 5l»7 6I+.5 59 >1 1+7 >8 5 2 .1 51.7 63-8 63.1+ Kansas City Total f nay 2 60.9 Chicago 78*6 _ A p r . 2 5 --- Hati° of gold reserves to F. R. notes in J.J. CU Ci™ U t l V ™ * *V“CX - * V «/Ju »Xl^ • asiui “ « • 35$ against net deposit liabilities April 2 5 -- Maylay 2 58-2 1+3-8 Minneapolis Ea‘ i ° of * ° tal resorveE to 60.6 55.9 53-8 a c t L T c ^ t i “ Apr- 25 May 2 May 2 , 1919 55-7 Atlanta St. Louis * 3 9 -S R^no tet ^ 76 S St. j)65 58.0 DIVISION OF REPORTS AND STATISTICS FEDERAL RESERVE BOARD 57^ .57-1 1+8.0 .. "Released, for publication Sunday coming May I919 ; not earlier STATEMENT FOR THE PRSSS, Hay 3, 1919 Discounts in some volume of war paper, also larger purchases of acceptances are indicated in the Federal Reserve Board*s wsojtcly si/atement showing condition of the Federal Reserve banks as at close of business on May 2, I 9 I9 , The wee,& saw an increase of 27 millions in the holdings of war paper as against a cur uai3menu of 11 millions of other discounts* Paper held under re discount for otner Reserve banks totaled 92*7 millions, compared with 91 millions the week before. In addition three Reserve banks report among their assets 4*2 millions of bank acceptances bought from other Reserve banks with their endorse ment, compared with 7*2 millions the week before. Total acceptances on hand show an increase for the week of 9 '5 millions, while Treasury certificates, largely of the 2 per cent type to secure Federal Reserve bank note circulation, increased 2,8 the millions* Total earning assets, as the result of^several loan and investment * operations just described, increased by 2 S *6 millions. Government deposits increased 51*6 millions, reserve deposits fell off 1-9*9 millions, while net deposits show a gain of 22*9 millions 4 This gain goes hand in hand with a slight reduction in the volume of Federal Reserve notes in circu lation, and a decrease of 2*9 millions in cash reserves* The result is seen in a decline of the ban£s* reserve ratio from 52 * 1 to 5^*7 per cent* Payment for Federal Reserve bank stock by newly admitted members, chiefly in the Boston and LTew York districts, accounts largely fot the increase of $1S3,000 in the total of paid-in capital shown- Released for publication. Sunday morning May 4 , 1919, not earlier. S t. 36la STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS R E S O U R C E S Gold coin and certificates Gold settlement fund - F»R. Board Gold with foreign agencies Total gold held by banks Gold with Federal Reserve Agents . Gold Redemption Fund Total gold reserves Legal tender notes, silver, etc. Total reserves . „ (Secured by Gov*t. war obligations Bills discounted ( a U Qther May 2, 1919 $346,707,000 600,985,000 -_____ 9*7,696,000 1 >10*,699>000 11* ,223 >000 2 ,l 6 6 ,6 l 8 ,000 70,601,000 27237721970001,788,068,000 Eills bought in open market Total bills on hand TJ.S Government long-tenn securities U. S.Go/ernment short-term securities All other earning assets Tctnl earning assets Bank premises Uncollected items and other deductions from gross deposits % Redemption fund against F.R. bank notes All other resources TOTAL EEBCm/CES L I A B I L I T I E S Capital paid-in Surplus Go\?eranent deposits Due to members - Reserve account Deferred availability items Other deposits, including foreign government credits Total gross deposits F.Ro notes in actual circulation F.R. banknotes in circulation - net liability All other liabilities TOTAL LIABILITIES Ratio of total reserves to net deposit and F.R. note liabilities combined Ratio of gold reserves to F.R. notes in circulation after setting aside 35/^ against net deposit liabilities 195,28*,COO ^ 2 , 16 2 ,067 ,000 27,132,000 19*> 262 ,000 - ______ 2,383 ,4bl ,000 10,97*,000 653,926,000 8 , 636,000 ____ 8 ,010,000 5,302,226,000 May 2 , 1919 . April 2 5 , 1919 May 3> 1913' $3*0,022,000 $482,832,(300 605,809,000 *37>771,000 -______ 52 t5 -— 9*5 >831,000 97.3 ,103,000 1 ;109 ,9*9,000 862 , 290,000 H 3 >*36 ,000 _ ..,£* >5^1 )0QQ— 2 , 169 ,216,000 1,859 >9*0,000 70,93^,000^____________ 60 ,0 *3 ,0QQ— ,1527000 1 , 9 19 ,983,000 1,760,672,000 606,630,000 189,71+0,000 266,S12,000 82,198,000 4 c ,46 6,000 143,273,000 1,644,434,000’ 512,703,000 128,466,000 2,428,876,000 2 ,549 ,.0*0 ,000 l6l,*50,000 31,196,000 5 ,3 0 2 ^ s ;e o o ^ 185,822,000 2 , 13 6 , 23*,000 1,170,471,000 27,135,000 4-1,183,000 191,501,000 36,378,000 ~______ 2,3 5* >870,000 1 , 250 , 569,000 ^10,57*,000 630 , 61* , COO 376,605,000 8,176,000 ____ 8 ,^ 01,000 5,252,687,000 3,548,023,000 297,029,000— .2 ,5 3 7 ,QQQ— 537,000 329,000__ 82,015,000 7 5 , 049 ,000 4 o ,466,000 1 .134,000 91,7^6,000 73,888,000 1,664,320,000 1 ,*7*,518,000 *91,605,000 257 , 593,000 135,057,000 9 1 1563 %0Q.Q2,382,708,000 1,897,562,000 '2,5*9,5^2,000 1,556,660,000 1 5 8 , 8’+8 ,000. 7>|80,000 _3° 5,252^687looo 5 1.7 f> 52 . 1 $ ^ 63.4/<> 03 , 3,5*17023'000 62 .4^ I 919 ; not earlier. Released, for publication Sunday morning May 4, st WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE (In thousands of dollars.) R E S O U R C E S _ Clevel. Richn. Atlanta ChicagoSt. Gold com and certificates 3,^30 2^o,02j]>l6 25,259 2,226 8,102 22 S95 Gold Settlement Fund - F.R.Board _ | 8 j 3 1 1-- 199J 268— 41,372__ 54,706 21.650 7.168 126.186 f ;° ^ l gold held by banlcs - 3 1 , 8^7 455,589 42,294 79,965 23,876 15,270 149,081 Gola witn federal Reserve Agents 58,201 27b,095 72,113 130,704 34,796 45,83 8 253,447 Go la ^Cueaipoxon Fund _ J 3 J 260-- 25-4^r— 3JL|2.2___ 2,132 12.491 5.072 23.450 10 ,^ . goxd rc/srvjs ----- ,.03,608 750, 0 8 4 12 5 , 6 99212,80 1 71,163 66 , iso 425 ,978 1 .1 91 557 1.4l6 1.127 Legal wnaer noces, Silver,etc- _ 7 . 3 5 2 -- 5JL221______823 - 111,560 808,905 126,522 213,992 71,720 67,596 427,105 .bl lio &-*GC<JUaUwCL1 OF BUSINESS LIAY 2, Tglb 1919- Louis Minn. Kans -Cy. Balias San.Fran, Total 3 967 8 34-7 128 7 172 8 744 346 107 28I260 27 ! 893 27.890 SloSl 31,’ 292 6001989 32,227 36,240 28,018 13,253 40,036 947,696 44,811 32,126 33,743 16,431 106,394 1,104 699 5^313 3 .768 S .505 2.824 816 13.4.223 82,351 72,134 70,266 32,508 147,246 2 , 166 , 61 s 2.36 8 74 127 2.323 422 70 ^ 0 1 84,719 72,208 70,393 34,831 147,668 2,237,219 Secured by Gove rumen t war , ^ D^ f at:i0ns ^ “7 / vfn i~'r~rZ\ V in < ln+nar1' ~ luc..--.v t. lon._,~tcr;.i securities U'm.t^ b c,SSwuS_ ~ TT 678,623 180,939 135,096 86,677 72,772 209,305 68,052 41,83 5 53,836 22,028 11,759 5,229 12,010 11,436 14,473 9 , 6 so 5,059 39,363 --^r7- ^ 1 --- 691— 2^^652___ LJ 2I 8___ 6 ,0 34. 26.306 4.263 15,066 3,153 7c» lV 747 , 9 6 2 .193,339 162,977 106,265 90,242 250,084 81,995 61,960 96,352 535 1,305 1.085 1,083 1.234 377 4.476 1 153 115 8 S&7 -- 6-9^3-53— lS-^£p__lM 4s— 5.3 k )___ 8^924__ 19 , 6.12 13 *568 8,883 6*444 191 , 3.92 818,620 213,034 iso, 108 112,859 99 , 59 3 2 74 ,172 96,716 70 , 9 5 8 111,6 6 3 \ Uncollec 13d" 1 tems and other de- 5^ c d m p t i o n ^ ° a ^ t 8p!l* 0^,er sources Total resources / \ -1 __ 55,9UO 3,772 5° ° 875 312 217 162 ,Oo9 65,638 53,488 4 2 ,66 2 30,810 831 1,830 S75 791 280 463 — 252--- V 9^3--- -9-27--- 42b______?-Qg______ ?4g ... (b) Includes bankers1 accept* ances bought from other F*R* banks With their endorsement-Without tneir endorsement 84,530 1,266 863 - 39,507 16,188 510 359 331 19S 400 221 49,560 2 5,711 714 423 358 585 400 27,823 Li IC i/I 0 B A H D - - - ^,625 - - ' 28,500 I 50 - - 60,242 A - - 10,000 37 2,9S0 - 5 ,0^2 - _ ‘ - 1 , 788,068 178,715 195, 284 2 , 162,067 27 132 iq4*?6? 2 , 383,461 10,974 653,926 359 8.636 981_________SlOlO 363,615 1,797,139 407,496 449,680 228,631 198,322 790,872 222,324 159,911 233,153 121,381 329,102 (a) Includes b ills discounted for other F.P.Banks, v iz.— 54l 20,923 81,029 28/198 14,904 l 36 ss 47.362 50,809 143,295 3 966 2 63 2 4*900 5*944 59, 6 7 5 1 5 1 ,3 7 1 5 , 302,226 98,742 _ - 23 ,0 62 I| gi£ 3l[osU Released for publication Sunday morning May 4, 1919 ; not earlier. S t .3 6 1 c ■WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF TIIE FEDERAL RESERVE * BilffiS AT CLOSE OF BUSINESS IvlAY 2, I 9 I 9 . (in thousands of dollars.) L I A B I L I T I E S Boston New Yor.c Phila. Clevel. Richn. Atlanta Chicago St.Louis. 21,201 Capital paid-in ---------6 , 8 I;j 9,226 7,597 4 ,1 9 2 3,237 2.1,117 2,60S Surplus---------------2 ,93b 3 ,5 5 2 2,196 1,510 Gcve dope s i t s ------12.814 27,912 11;S35 20,070 U.OOQ 2 . 718 Do.e l-o members - Reserve account-02,4s4 ^ 1 , Uq -ycp 96,718 128,188 52 ,’ 007 43,486 Deferred aval lability item s- 4l, 132,62s 64,27s 42,bS4 36,092 22,574 All other dopes! to --- --- l ?27 z ___ 115*335 ___ 885 871 _____ 77 _ 159 . Total jj oss deposits-- *-- 157, 973 ^ 7 :3G? 173,71o 191,813 92,185 6 o, 937 741,385 204,469 228,202 12 3 ,3 11 115,539 F.R-notes in actual circulation l/o >3j 1 F* R* bank not as in circ^la-* tier*. - net l i a b i l i t y ----16,^95 34,724 16 ,561 1^,773 5,224 8 ,5 2 1 All other liabilities — ---2,;)75 11,345 2,545 __ 2,114 1 1/8 1.523 TOllL L IA B IL IT IE S ------- 35375*5" 1,797,139 407,496 443,680 228,631 138,322 , Contingent liability as endorser on Eiocounted paper rediscounted wxtn o'cher F* R* bank s-Bankers1 acceptances sold to other F,R* banks — ------ 1 1 , 4ob Minn. Kans.Cy. Dallas San Fran. 6 ,4 i6 3,828 1,603 2,977 1,415 3 ,7 5 1 2,4 2 1 27,912 233,490 10,341 57,776 3 ,5 1 9 7,3 1 1 62.838 30,634 47,583 2j_071 ____ 313 32 b, 311 33,064 422,236 105,020 21,426 3,017 11,633 l, 116 7^,616 9,783 34,813 285___ 561 6 1,17 0 114,301 87,9SO 97,668 5,505 864 1 3 , 202 3 ,2 3 5 4,703 1,184 2 ,4 4 s Total 82,193 49,466 5 ,4 4 o 9 .3 9 2 ■^3,273 3 9 ,3 s1* 80,200 1 S401->L;3li. 16,270 18,706 512., /03 4l 6 . 1 2 ? , 4b6 6 1,145 ll4,£'>4 2-42 , 8,'b 47,935 198,304 2 , 5^-3,040 6,635 6 ,5 7 1 161,450 1. 187 31 Mo 2.18 2 790,872 222,324 1 5 9 ,9 H 233,153 12 1,3 8 1 329,102 5 , 302,226 1.750 M E MO R AN D A 35,217 30,000 33,525 U,S12 98,742 4,812 FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION. F*R, notes outstanding----- 182,963 F*R. notes held by b an k ---- -- 6, 037 actua- circulation 17^ 9 3 1 8l6,l64 213,581 2 4 i,i7 i 128,139 119,333 450,142 118,545 3,799 27 . 846 13 . 525 -I A ^ ( y-- 9.012 __ 12 ^969 . 4~ 828 741,385 204,469 228,202 123.311 115,539 422,296 105,020 89,392 103,090 1.412 5.422 87,980 97,668 49 025 219.719 2,731; 274 1*090 21,415 182,234 47,935 1^8,304 2,549,040 ^DISTRIBUTION OF BILLS AND U .S . GOVERNMENT SHORT TERM SECURITIES BY MATURITIES. Within x5 oays 16 to 30 days 31 to 60 days 6 l to 90 days Over 90 days B ills discounted -------------B ills bought in open market ----U„S.Government short-terra securities 1 , 677,868 64,796 29,234 58,491 49,955 68 84,453 53,034 7,017 120,066 27,499 101 Total 25,905 1 , 966,783 157,342 195,284 194,262 Released for publication Sunday morning May 4, 19^9» n°t earlier St . 361 d STATE,TENT OF FEDERAL RESERVE AGENTS’ ACCOUNTS AT CLOSE OF BUSINESS HAY 2, 1919- (in thousands of dollars.) Boston New York phila. Clevel. Richm. Atlanta Chicago St.Louis Minn. Kans.Cy- Dallas San Fran. Total FEDERAL RESERVE NOTES: Recei Re tui Chare In hands of F . R. Agent ----- 28,500 143,600 18,360 31,920 23,110 53,920 33,480 19,730 12,s4o l 4 ,130 23,105 4,200 4l6,945 Issued to IT*Et bank less amount returned to E* Agent for redemption------------- 132,963 8l6 ,l6 4 213,531 2U 1 , 173 123,139 119,33? ^ 5 0,1^ 2 1 1 3 , 5U5 39,392 IO3 .O 9O 4oy025 219,719 2 ,7 5 1 ,2 7 4 133J4Q 2,330 13 ,052 1 1 . 5*1 - 1,674 2,333 2*666 1-1.OlS 42,431 73,754 17 'UQO 31,360 57,266 69*3^7 COLLATERAL SECURITY FOR OUTSTANDING NOTES: Gold coin and c e rtific ate s on h a n d ---------------- Gold redemption f\in.d ------11,201 Gold Settlement Fund- F.RJBoard 47,000 Eligible paper,raininfum required 124,767 T o t a l--------------- 132,963 AMOUNT OF ELIGIBLE PAPER DELIVERED TO F. R. AGENT--- 17^,737 10,224 19,625 11,079 2,796 61,339 100,000 540,069 l4l,468 110,46? 32,000 93,343 17,355 7 5 , COO 2,500 3,33-3 4,9 3 2 U0,0G0 248,465 73.500 196.695 Sl6,l64 213,531 2*11,171 123,139 119,338 450,142 113,545 747 ,962 143,758 l 6 l ,683 101,500 82,459 250,034 81,133 - 39,392 103,090 61,762 96,352 230, S4'c')4 2,1*4 92*378 790 ' 107 32.59?'- 113 *325 ;1, 626,575 49,025 219,719 50,8C9 115,526 2 , 731,274 2 , 069,765 R e l e a s e d for publication Monday morning May 5? 19^9; n°t earlier. St* 3b2 CONDITION OF MEMBER EAHKS* May 3 7 1919 . Resumption of investments in U* S . Wax: bonds by the hanks oi the country and further redemption of Treasury ce rtific ate s are Indicated in the Uoard1 s 7/sekly statement showing condition on April 25 of JJ2 member banks in leading c it ie s , Holdings of United States bonds, other than circulatio n bonds, show an in crease for the week of £0 *U m illions, this amount apparently representing largely sales of Victory Notes to the reporting banks* Treasury Certificates on hand, show a decrease of 33*1 millions as the result of deliveries in exchange for Victory notes and other deliveries for redemption before maturity of Certificates due on May 6 . Loans secured by U. S. War obligations increased 5*9 millions, notwithstanding some net liquidation tmder this head reported by the New York City banks, Other loans and investments show only a slight decline* United States war securities and war paper decreased from 3 >310 *7 millions to 3»S04 millions and constitute 26*5 per cent of the aggregate loans and in vestments of all reporting banks, as against 26-6 per cent the weak before# Government deposits show a further reduction of 127 millions, of which 92*7 millions represent net withdrawals from member banks in the 12 Federal Reserve bank cities* Other demand-deposits (net) increased 23*7 millions, the larger gain at the banks in Federal Reserve centers being offset in part by aggregate reductions of 22.1 millions shown for the banks outside these cities. deposits increased 3*2 millions- Time Cash in vault shows'a similar gain, while reserve balances with the Federal Reserve banks increased 12 millions, notwith standing a decline of about 5 millions tinder this head reported by the member banks in New York City* Released, for publication Monday morning Hay 5, 1^19; not earlier. St«3b2a STATEIvlENT SHOWING PRINCIPAL RESOURCE AND LIABILITY I TH/IS OF MEMBER BANKS IN LEADING CITIES, INCLUDING MEMBER BANKS LOCATED IN FEDERAL IiESERVE BANK CITIES AND IN FEDERAL RESERVE BRANCH CITIES AS AT CLOSE OF BUSINESS APRIL 25, 1919* 1. Da-ta for a il reporting; banks in each district,___________ (Tn thousands of dollars*) New 45 106 56 89 14,402 49,647 11,597 40,960 Rieka. Atlanta Chicago St.Louis llinn. Kans-Cy- Dallas San Fran. S3 47 101 37 35 76 44 53 25,270 15,265 19,911 16,902 6,810 1 3 , 9 ^ 18,324 35,625 19.691 297,867 34,314 64,370 47,392 Boston „ + . „ w v _ ____ ___ S.bonds to^secure circulation 0tUberty'boSds ------- Yo i:k phi la. Clovel. 31,370 56,147 17,959 12,207 23,177 20,124 33,079 Total 772 268,023 657,697 ____________ __________ ™ ~ r - b v "u ^bo'ids etc. 115,466 937 , 0 0 2 131 , 25s 135,139 75,092 70,035 252,602 73,474 44,234 57,623 34 , 1 5 6 113 ,0 7 7 2 , 046,35 s 149,559 1,2S4 , 516 177,769 240,469 1 4 7 ,7 5 ^ 1 1 6 ,b7CK 334,660 108,3^1 6 3,9 11 94,764 72 ,do4\ is i, 34i 2,972,876 21,246 542/169 144,911 100,072 36,799 23 ,Uos 92 , 21 s 25,452 11,287 12,397 6,749 22,590 1 , 099,898 in d e n ts791,306 *,oei.f*0 6 i U , S 2 591 , 5 * 37 M ^ 302 , 730/ 1 ,39M 66 J 9 i , 6 ?W 3 9 ,2 9 1 ^ 7 ,5 5 7 Reserve ta?.ancss vath F.Ii.bank-7>*,3W 657,301 67.363 Sf.Z U J*.06S 29,518 1 M . W * 39,379 2 2 .6 3 >+3,766 W ,« h -a„-L. _______________ ___ 25,176 121,595 19,293 31,609 17,244 13,103 61,901 9,516 9,095 15,738 9 , 0^0 19 , 86.> 353,173 Net V X ^ ' d e n o s i t s 715,746 4 , 768,034 654,734 766,909 320,851 2 4 i j 4 4 l 221 , 36 s 297,449 213,107 3 9 6 ,o4i 162,072 *+49,699 ^ 09,754 ________________ 113,264 277,055 22 , 016298,332 79 , 70 6 112 ,9 70 428,979 96,076 53,393 68,516 23,893 1 3 6 ,^ 2 1 , 717 , s42 Govorn^nr deposi t s ------3 5 , 6 i? 228,537 27,276 4 2, 135 15,697 10,25 1 58,126 18,123 8,696 10,008 l I ,_2o9______ _I----- 525,135 T o - V 'u T 's ^ r ^ i o . 2* Data, for banks in Federal Reserve bank cities, Federal Reserve branch cities, and other reporting^|nk|£sr reporting New York Chicago All F.R.bank cities F.R.Branch cities „banks . . -a April 25— April 18 Apr.25-Apr, 18 April 25--April 18 April 25--April IS April 251-April 18 HO. m w t t a i t^n k s-- 65 65 Vi ' *Wt 256 160 l&o 39,23 2 39,256 1,169 1 , *68 103,619 103,642 54,829 261, 123 , 251,429 „ 22,396 21,43 8 376,200 361,528 111,199 ^ T , " r r ___ _______ 862,475 881,911 150,539 151,141 1 , 390,928 1 , 416,072 s* s e c u r i t i e s - 1,162,830 1 , 172,656 174 , loll- 173,7^7 1 , 270,747 1,881,242 309,462 U .S . bonds to secure circulation------Other TJ, s,.bonds includ- ir.g 1-iLyi‘ty Totca u . b e n d s _____ L°bond3° Cetc? ----I-— — 255 k 505,495 505,796 68,037 65 , 73 s 866,143 Total , . , oC- ,.^ 41 ^ p n l 25— April its 357 357 772 773 54,829 110,375 110,308 268,779 . 108,462 170,298 167,274 268,823 r__ r^-, 657 , 697 r^ 861,128 Cm nCU d37,2&4 313,682 476,973 345 , 96s 626,641 349,735 627,317 2,046,35 8 2,972,87 8 2 , 079,489 475,4-90 113,429 102,275 . 120,326 124,579 1 , 099,292 1 , 093,982 2,985,532 3,607,373 3 , 613,301 856,974 863, 02s 6,755,371 6 , 760,749 1 , 540,185 1,535,091 1 , 968,451 1 , 970,272 10 , 264,007 10 , 266,712 ■ Re®SlpC ; ^ f ! ___ 621,398 626.406 112,164 110,846 962, 43s 954,312 151,567 150 , 4o6 173,979 171,268 1 , 288,044 l,275,9S6 Casv ; v a ^ ___________ ^025 104,977 3 7 ,o49 3 5 I 3 U 205,716 200,217 55.87 0 59,570 91,587 90,165 353,173 349,952 Net ^demand deposits -___ 4,351,052 4,337,472 223,923 208,835 7 , 212,965 7 , 167,179 1 , 267,763 1, 284,139 1 , 729,026 1,734,791 10 , 209,754 10,186,109 Time deposits------216,765 215,988 164,187 164,056 701,434 696 ,111 499,496 500,025 516,9 12 518,443 1 , 717,842 714,579 Government deposits-270,597 3l2,4oo 34,063 44,4is 4oo,85i 493,591 61,964 81,391 62,920 77,689 525,735 b52,671 Ra^io o y j.S .w a r securities and'war'paper to total loans _ * r r _ r r and investments, per cent 3°-9 31-0 21-9 21-6 27-7 27 -8 25-1 25-0 23.4 23-6 2o-5 26-6 » C O N F I D E N T I A L Not for publication ! 3Pederal Be serve E?rtk Few York (in thousands of dollars.) t •Uncollected 1 Deferred items 1 availability i 1 items 1 t t f 1 Be s ton RATIO OF "FLOAT” OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS. "Float" after adding net debit «F L 0 A T" or deducting net credit in ’ Ratio to Saturday* s settlement ' imrnadiate ly 1 Ratio to immediately .Amount ' available available deposits .Amount 1 ' deposits 1 t per cent « per cent May 2, 1919 1 "Float” after deducting National and F,R. ' Bank notes, also net investment in * transfers from second calculation » 1 Ratio to immediately available deposits 1 .Amount 1 1 t per cent 55 , 9*0 *1,*03 1*, 537 12.5 9,9^2 3.5 9,659 3.3 159 , 99*- 132 , 628 27,366 3.3 37,636 *»5 30,863 3*7 Phi lade Iphia 65, 63s 6 * , 27s 1,360 1*2 5 ,1 *1 * '7 5,293 4 .3 Cleveland 53,433 * 2 ,63* 10,30* 7*2 3,130 5-5 7,512 5-0 Richmond * 2,662 36,092 6,570 11.7 5,1*3 9*2 5,0*2 9.0 Atlanta 30,810 22 , 57* 3,236 17 .3 7,23* 15.7 6 , 90* 14.9 Chicago 3*, 530 62 , 33s 21,692 3.2 13,5*7 7*0 12,551 4 .3 St# Louis 39,507 30,63* 3,373 13.0 7,301 1 1 .4 6,753 9*9 Minneapolis 16,188 9,733 .6,405 12.5 3 ,5 17 6.3 3,290 6 .4 Kansas City *9 ,560 3*, 313 i*,7*7 13.6 15,061 13.9 5,563 7*0 Dallas 2 5 ,7 H 16,270 9 ,* * l 21.0 12,699 23.3 6,53* 14.7 San Francisco 27.523 13.706 9.117 9*5 3,1*2 3.5 5,019 5*2 651,351 512,703 139, 1*3 7-3 139,1*3 7*3 105 , 03s 5*5 To tal DIVISION OF REPORTS AND STATISTICS FEDERAL RESERVE BOARD MAY 3, 1919 . St .367 COMPOSITION OF IWCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS. Kot foif publication, St .367 a (In thousands of dollars.) B&rnk U KT C 0 L L E (I T E D I T E M S t » Checks * ITational bank Clearing and notes and All other KO'tSQ otl'ier bank notas of Transfers ancollfcc ced Exchan ge s cash other bought items ! items ■ F, R< Batiks 3,7^4 52 283 JM 0 IS, 693 5,497 6,823 phi laie Iphia 6,399 4,807 CV-^Vfrad 5,4x5 9 518 Richmond 2,565 88 106 At Ion uS< 2,743 241 3 so Chicago 4,742 St- Louis 1,623 Minneapolis 1 Boston - - J Total May 2, 1919 A V A I L A B :[ L I T Y D E F E R RED Gold Settlement Suspense Transfers sold Government transit items 55,940 12,785 - - 28,618 41,403 - 128,981 159,99*+ 61,037 - - 71,591 132,628 - 54,441 65,638 23,170 3,33> 37,622 64,278 >+7,396 53,488 12,966 2,433 27,285 42,684 - 39,903 42,662 7,347 - 4,717 24,028 36,092 - 27,446 30,810 3,620 - 1,856 17,098 22,574 35,317 62 , 83s ■-,6CS .18,5.60 30,634 345 5,853 9,783 26,497 34,813 7,623 16,270 150 152 5,168 73,567 S4„530 27,296 225 IS 44s - 725 36; 633' 39,507 10,941 125 1,901 1 46 181 14,059 16,188 3,585 - Kansas City 87 0 1,126 177 9,316 38,071 49,560 8,316 - Dallas 307 1,232 260 5,855 12,057 25,711 6,150 - 2. 865 -‘ 2 1 .864 27 . 823 6,722 4 42 651,851 183,935 .:. 506 , 15,832 San Francisc.o' Total 2.792 51, S25 4o • 13, i n Division of Reports and Statistics Federal Reserve Board 262 10,356 ; Total 51,881 1,053 - Other transit items I T E M S >24, coQ 5 5 2 ,299- < - 2,497 !- 11.938 < 312,430 18.706 512,703 F E D E R A L S E S I U V E B OA RD GOLD SETTLEMENT FUND £-1523 Summary of transactions for week ending May 8, 1919.______ (in thousands of dollars)______________________________ CONFIDENTIa L______________________________ Aggregate Aggregate withdrawals Balance deposits and las v and trans Gold transfers with statement Gold fers to Agent’s from Agent ’s May 1, 1919 drawal® deposits fund fund * Boston 35,61? 46 46 New York 174,630 . 15,000 Philadelphia 40,467 2,052 2,052 56,216 Cleveland 806 3 , o c o 3 ,coo 806 Richmond 2 2 780 780 16,783 At lanta 10,949 8 8 3,181 3.181 Chicago 124,156 16,760 12,327 12,327 24,649 St. Louis 3,447 3,447 103 103 Minneapolis 27,761 5,000 533 533 Kansas City 323 37,033 323 Dallas 5,740 48 76 48 76 San Francisco 38,011 891 2,000 891 24,434 592,012 3,189 Total 24,434 ll 41,94-9 Federal Reserve Bank of Federal Reserve Agent at Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Total T R A N S F E R Debit 11,000 1 ;954 - Credit l,9 5 f+ 26,895 15,000 32 .,000 20,000 5,000 25-000 2,000 29,831 3*000 5,000 33,995 l r000 10,400 14,831 13,500 3,000 7,000 131,180:131,180 F E D E R A L R E S E R V E A G E N T S* F U N D Balance : Withdrawals Deposits last : Gold Gold for through Total statement : with- deposits transfers transfers with Total May 1, 1919: drawals to "bank from "baniL drawals deposits 47,000 : 2,000 — 2 ,050 75,000 61,889 101,500 32,000 40,000 248,464 42,431 17,400 31,360 2,184 91,379 790,607 : 5,000 : 1,500 : 2,000 : : 2,000 : 2,000 : : : 500 : :15,000 - 15,000 - - - - - - - - - — 16,760 - 5,000 - - — 5,oco 1,500 2,000 _ - 2,000 38,760 — — 2,000 2,000 16,760 - 5,000 — - — 500 - 15,000 — - 15,000 — 2,000 38,760 .•Settlements from May 2 to May 8 , 1919 Bwtlj,nce in S :both inclusive.k fund at close of Net Net business Total TOtd-l Credits Credits: Debits Deb i t s May 8,1919 — 84,523 7,83b 92 , 459 3i+»i+53 288 , 30b 4.5 / 617 138,95*+ 333,923 W 21,632 125,380 103,b98 35,837 — 93,881 20,60S 47 >630 73.273 20,926 51,300 49,665 1,635 13,262 32,898 30,038 2,860 135,276 137,592 19,717 157,309 8b ,082 9,284 76,798 3b,277 — 33,868 2 8 ,2b9 8,574 19,695 49,246 54,95b 32 , 06b 5,710 1,144 24,807 25,951 3,237 — 42,111 32,270 33,479 1,209 72,938 574,497 72,938 1,042.949 1,042,949 Balance at close of business M*y. 8,1919 45,000 90,000 56,889 100,000 30,000 40,000 263,224 40,431 22,400 31,360 1 ,684 93,379 814,367 Summary of changes in ownership of gold by banks through trans fers and settlsments Decrease Increase 1,210 20,b7b 6,682 6,392 8b0 — — — 4,b90 2,475 42,985 •PW _ 3,365 15,553 8,284 10, 57*+ 5.209 42,985 C O N F I D E N T I A L Not for publication. GOLD'RECEIPTS AND DISBURSEMENTS OF FEDERAL RESERVE BANKS HIRING THE FOUR WEEKLY PERIODS ENDING ON FRIDAYS, APRIL * to 25, 1919* (in thousands of dollars: i»e*, 000 omitted.) APRIL 4 ■ APRIL 11 APRIL IS 1 APRIL 2 5 ; TOTAL R E C E I P T S In exchange for F.R. notes: From U»S. Government From member banks Frcm non-cisraber banks Total Creait to deposit accounts: U ; S* Government Member and non-member banks Total All other N? S. TOTAL RECEIPTS TOTAL SINCE DEC.27. 191S 36,673 6,010 142 3,130 1, lg 4 665. 1,222 1,3S5 ^,979 45,232 , 2-xiio. 17,135 3 ,^ 5 10,000 3,092 4 5 ,goo 12,697 S3 ,693 6 i , 53S 22,165 2,610 20,630 13,092 5S.U97 145,631 i , 4oo 519 10,320 435 12,674 26,365 24,544 4,522 32,172 14,912 76,150 2 17 , 23^ 5,627 7,*02 7,313 6,900 27,242 73,412 412 2.1S2 72s 2,177 ^71 1,915 129 .19 2 2,59^ 2,905 2, 3S6 * 1,99s 2, 2S5 10,219 12,592 995 202 644 353 225 1,393 _3_J00 603 ggg 2S0 303 .... _96 979 i s . 665 248 2,551 DI S B U R S E M E N T S In exchange for F,R« notes Debits to deposit accounts: U. S. Government Member and non-member banks Total All other N , S, TOTAL DI S3URSEMENTS Excess receipts Excess payments 25. S 23. 3.S1 S, 266 34,261 3,2 12 556 8,051 30, 6lS 12 ,9 11 7 , S37 ^3,559 138,291 7,075 32,591 7S ,943 19,261 14,325 8,070 DIVISION OF REPORTS AND STATISTICS, FEDERAL RESERVE BOARD, MAY 9, 1919.. g,43S 1, goo ' 6.466 * Amended WEEKLY REPORT SHOWING- GOLD RECEIPTS AMD DISBURSEMENTS OF EACH FEDERAL RESERVE BANK-DURING WEEK ENDING APRIL 25, 1919* CONFIDENTIAL (Figures do not include gold received from or paid to another Federal Reserve Bank.) s t .371 Not for publication.______________________________ (in thousands of dollars; i . e . . 000 omitted.) _____________ _________________________ _ R E CE I P T S Credits to deposit accounts Received in exchange for F»R. notes Total : All other r and nonFran From non From U. S. : U.S.G ov't. receipts : N. S. : Total Government : members ,ber banks members Total Gen*l.acct. ~W 38 T S 9" 233 195 3S Boston 12,238 l.gUU ll.SHU12 8 20 10,000 37^ New York — 202 186 186 12 16 PM ] 22k lU 13U 13U U2 76 Cleveland 3*+ 80 80 80 Richmond — 1, 111 116 116 995 Atlanta 995 U5 328 378 328 2 Chicago 3 5 — 1+ 86 s6 1 91 S t . Lcmi s 5 — 110 Sk h 16 12 9^ Minneapolis 1 Uo *1 75 3^ 3^ Kansas City 38 38 38 Dallas 2 11U 11U 16 ........ J 32 __ _ San Francisco __Total_f or_gxstem______ 995 . 2^8 152 _1,3_S5. p i iq,_om___________ JL.Q92.________ J U R 2 . :ln exchange: ______ Debits to deposit accounts Member and non- 1 for : U. S. member banks : Total Government F.R.not; Boston New York Phi la lphia Cleveland RicJauond Atlan ua Chicago St. Louis Minneapolis Kansas City Dallas San Francisco. _______________ Excess receipts Excess payments DIVISION OF REPORTS AND STATISTICS, FEDERAL RESERVE BOARD -'.'fry Q IQI9 J+33______ s e u a SE ME N T S 131 2,669 723 583 699 1,278 3^-2 201 113 70 55 36 6,900 — — 3U •ta) 155 I89 5,515 9,811 - - 157 — 5 — 30 152 2,900 - (a) Lignt weight gold sold to U . S* mint. — 157 5 - : All other :_____N .S . Total disbursements 141 2,669 1,025 5?3 100 799 1,283 37 379 226 U61 3k r U3 7.0 3S 93 221 185 _______ i_s_i___ . . . S k ___ ____ X ,23L _____ ~ — 7,075 1 2 ,7 11 121 10 1U5
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