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Released f o r p u b l i c a t i o n Sunday n o m i n s M ay 19, 191E. ^ot e a r l i e r . X-949 STATEMENT FOE THE PRESS. May IS,- 191S L i q u i d a t i o n on a l a r g e s c a l e of discounted b i l l s and U . S . C e r t i f i c a t e s of I n d e b t e d n e s s f o l l o w i n g t h e constipation of the ? h i r d L i b e r t y Loan, accompanied by c o n s i d e r a b l e n e t w i t h d r a w a l s of Government and member bank d e p o s i t s , i s i n d i c a t e d by t h e F e d e r a l Reserve B o a r d ' s weekly s t a t e m e n t i s s u e d a s a t c l o s e of b u s i n e s s on M a y 17, 1918. RESERVES: T o t a l g o l d r e s e r v e s show a g a i n of 11.3 m i l l i o n s . S u b s t a n t i a l g a i n s i n g o l d r e s e r v e s a r e r e p o r t e d by the Boston, Cleveland, Chicago and S t . L o u i s banks, l a r g e l y t h e r e s u l t of s h i f t i n g of c r e d i t s i n t h e Gold S e t t l e m e n t Fund in c o n n e c t i o n w i t h L i b e r t y Loan o p e r a t i o n s , A d e c r e a s e of about 2J m i l l i o n s i n the g o l d r e s e r v e s of t h e %w York bank i s accompanied by a change from a n a d v e r s e b a l a n c e of 6 2 , 5 m i l l i o n s i n a c c o u n t w i t h o t h e r F.R.banks, shown the week before* t o a f a v o r a b l e b a l a n c e of 0 . 4 m i l l i o n , while a d e c r e a s e of 24.3 M i l l i o n s i n g o l d r e s e r v e s r e p o r t e d by t h e Kansas C i t y bank i s accompanied by an i n c r e a s e of 17-7 m i l l i o n s in d i s c o u n t s on hand and a d e c r e a s e of 7*8 m i l l i o n s i n n e t d e p o s i t s . INVESTMENTS: A d e c r e a s e of 96* S m i l l i o n s i s i n d i c a t e d i n t h e t o t a l h o l d i n g s of d i s c o u n t e d b i l l s , t h e Boston, Hew York and S t , L o u i s banks r e p o r t i n g s u b s t a n t i a l ' l i q u i d a t i o n of t h i s c l a s s of p a p e r during the week. Of t h e t o t a l d i s c o u n t s . o n hand—526.2 m i l l i o n s a s a g a i n s t 6 l 2 . 3 t h e week b e f o r e , a r e secured by L i b e r t y bonds and U . S . C e r t i f i c a t e s of I n d e b t e d n e s s . Acceptances on hand d e c r e a s e d 6 . 2 n i l l i o n s , a l l t h e Southern and Western banks* except San F r a n c i s c o , r e p o r t i n g s m a l l e r f i g u r e s than t h e Week b e f o r e . The d e c r e a s e of 33*7 M i l l i o n s shown f o r U.S. Government s h o r t - t e r m s e c u r i t i e s i s due t o n e t l i q u i d a t i o n of a corresponding amount of U . S . C e r t i f i c a t e s of I n d e b t e d n e s s , But l i t t l e change i s shown i n o t h e r c l a s s e s of i n v e s t m e n t s . Total e a r n i n g a s s e t s show a d e c r e a s e of I 3 6 . I m i l l i o n s tot t h e week! CAPITAL: Payment f o r F e d e r a l Reserve Bank s t o c k by newly a d m i t t e d members l a r g e l y a c c o u n t s f o r an a g g r e g a t e i n c r e a s e of $197,000 in p a i d - i n c a p i t a l , a l l the banks except t h o s e a t Boston and S t , L o u i s r e p o r t i n g i n c r e a s e s i n c a p i t a l a c count. DEPOSITS: Net w i t h d r a w a l s of 89<8 m i l l i o n s of Government d e p o s i t s and of 87 m i l l i o n s of members' r e s e r v e d e p o s i t s f o r the week a r e shown, a l l the banks except Kansas C i t y r e p o r t i n g s m a l l e r bank d e p o s i t s than the week b e f o r e . FEDERAL RESERVE NOTES: Net i s s u e s fox* the week of F e d e r a l Reserve n o t e s amounted t o 2 . 7 m i l l i o n s . F.R, n o t e s i n a c t u a l c i r c u l a t i o n a r e g i v e n a s 1569*4 " i l l l i o n s and f o r the f i r s t time s i n c e J a n u a r y 25 show a s l i g h t d e c l i n e a s comp a r e d w i t h the t o t a l of t h e week b e f o r e , 'i'he r a t i o of t o t a l c a s h r e s e r v e s t o a g g r e g a t e n e t d e p o s i t s and F.R. n o t e l i a b i l i t i e s shows an i n c r e a s e from 60.3 t o 63.I per cent. CONDITION OF MEMBER BANKS MAY 10, I 9 I 8 Some i n d i c a t i o n of t h e c h a r a c t e r and volume of investment and 1oan o p e r a t i o n s of 693 member banks i n about 100 l e a d i n g c i t i e s in c o n n e c t i o n with t h e consumation of the h i r d L i b e r t y Loan i s a f f o r d e d by the weekly s t a t e m e n t showing c o n d i t i o n of t h e s e banks a s a t c l o s e of b u s i n e s s on May 10. Total United S t a t e s S e c u r i t i e s on hand show a n e t d e c r e a s e f o r t h e week of almost 50 m i l l i o n s , an i n c r e a s e of 309 m i l l i o n s i n t h e a g g r e g a t e h o l d i n g s of U. b . bonds, o t h e r than c i r c u l a t i o n bonds, being more than o f f s e t by n e t l i q u i d a t i o n of 3 6 I & I m i l l i o n s of C e r t i f i c a t e s of I n d e b t e d n e s s . Loans s u p p o r t e d by U.S. war s e c u r i t i e s show a r i s e f o r t h e week of l y i . S m i l l i o n s , w h i l e o t h e r l o a n s and investments i n c r e a s e d by 105-5 m i l l i o n s . For t h e 120 banks i n the t h r e e c e n t r a l r e s e r v e c i t i e s c o r r e s p o n d i n g changes involve a d e c r e a s e of 4 7 . 4 m i l l i o n s in t o t a l U. S. s e c u r i t i e s , an i n c r e a s e of 172,2 m i l l i o n s i n U. S. bonds o t h e r than c i r c u l a t i o n bonds, and a d e c r e a s e of 219*6 m i l l i o n s i n C e r t i f i c a t e s , Loans supported by Government war s e c u r i t i e s r e p o r t e d by t h e s e 120 banks show an i n c r e a s e of 119 m i l l i o n s and o t h e r l o a n s and i n v e s t m e n t s - a n i n c r e a s e of 3 5 , 8 m i l l i o n s . Aggregate l o a n s and i n v e s t m e n t s of r e p o r t i n g banks show a n i n c r e a s e of 227.5 m i l l i o n s , of which 107.3 m i l l i o n s r e p r e s e n t s t h e i n c r e a s e a t t h e C e n t r a l reserve c i t y b a n k s . Oi- t h e t o t a l i n v e s t m e n t s t h e s h a r e of Governs lent s e c u r i t i e s X -2- X-5U9 and. l o a n s supported by such s e c u r i t i e s i s 2 0 . 5 p e r c e n t a s a g a i n s t 20 p e r cent the week b e f o r e . Aggregate r e s e r v e s of r e p o r t i n g banks show a g a i n of 60.6 m i l l i o n s and cash i n v a u l t a g a i n of 3 - 8 m i l l i o n s . For the banks in the c e n t r a l r e s e r v e c i t i e s c o r r e s p o n d i n g g a i n s of U9.5 a n < i 3 m i l l i o n s a r e . shown. Net demand dep o s i t s d e c l i n e d over 334 m i l l i o n s and t i n e d e p o s i t s 2 0 . 8 m i l l i o n s , while Government d e p o s i t s show a g a i n of 221 m i l l i o n s , l a r g e l y with banks o u t s i d e t h e t h r e e C e n t r a l Reserve c i t i e s . The l a t t e r r e p o r t d e c r e a s e s of 202.4 m i l l i o n s i n n e t demand d e p o s i t s and of 12 m i l l i o n s i n time d e p o s i t s , a s a g a i n s t a g a i n of 52*5 m i l l i o n s in Government d e p o s i t s . Owing t o t h e g a i n i n investments and the simultaneous d e c r e a s e i n dep o s i t s the r a t i o of investments t o t o t a l d e p o s i t s of a l l r e p o r t i n g banks went up from 1 1 0 . 1 t o 113-4 p e r c e n t . -?or the C e n t r a l Reserve c i t y banks t h i s r a t i o shows an even l a r g e r i n c r e a s e ^ from 106.2 t o 111.1 p e r c e n t . The r a t i o of combined cash and r e s S r v e / r f d I shows a g a i n from 1 3 . 6 t o l 4 . 4 p e r c e n t , and f o r t h e c e n t r a l r e s e r v e c i t y banks from l4«S t o 1 6 . 1 p e r c e n t . Excess r e s e r v e s of a l l r e p o r t i n g banks i n c r e a s e d by over 100 m i l l i o n s t o l 6 l . 5 m i l l i o n s . ^*r ^®^tral Reserve c i t y banks excess r e s e r v e s stood a t 1 0 $ , 5 m i l l i o n s , or 7 6 . 2 m i l l i o n s i n e x c e s s of the t o t a l shown t h e week b e f o r e . T F r Released f o r p u b l i c a t i o n Sunday morning "lay 19, 191s. Itf0t e a r l i e r X-g49a STATEMENT OF COMBINED RESOURCES Alto LIABILITIES OF THE- TWELVE FEDERAL RESERVE BAiCiS AT CLOSE OF BUSINESS MAY 17, 1918 RESOURCES May 17, 1918 May 10, 191s May Ig, 1917 Gold, c o i n and. c e r t i f i c a t e s in v a u l t 480,580,000 350,269,000 ^79,529,000 Gold, s e t t l e m e n t f u n d , F.R»Board 437,444,000 187,969,000 4 1 8 , 3 3 7 , 0 0 0 Gold w i t h f o r e i g n a g e n c i e s 52.500.000 52.500.000 Total gold h e l d by banks 970,524,000 538,238,000 950,366,000 Gold w i t h F e d e r a l Reserve Agents 885,027,000 448,311,000 915,536,000 Gold redemption f u n d 27.5k4.000 2.754.000 28.902.000 T o t a l gold r e s e r v e 1 , 8 8 3 , 1 3 5 , 0 0 0 989,303,000 I,894,4O4,OOO Legal t e n d e r n o t e s , s i l v e r , e t c . 27.442.000 58,108.000 Total reserves 1 , 9 ^ 7 5 0 0 , 0 0 0 1,016,745,000 1,952,712,000 B i l l s d i s c o u n t e d f o r members and F.R.Banks 939,041,000 842,265,000 44,846,000 B i l l s bought i n open market 28G.01h.000 279.886.000 100.177.000 T o t a l b i l l s on hand 1,225,077,000 1,122,151,000 145,023,000 U.S.Government l o n g - t e r m s e c u r i t i e s 4o,ii6,ooo 4i,o4i,ooo 36,386,000 U.S.Government s h o r t - t e r m s e c u r i t i e s 106,762,000 73,043,000 78,004,000 A l l o t h e r earning a s s e t s 1.3)14.000 14.784.OOP 1.492.000 Total earning a s s e t s 1,373,799,000 274,197,000 1,237,727,000 Due from o t h e r F.R. banks, net (a) 6.494,000 (a) 1,882,000 3,057,000 U ncolle cte d items 462.220.000 184.iqi.000 192,"830,000 T otal deductions f r o m g r o s s d e p o s i t s 455,726,000 382,509,000 195,887,000 5$ Redemption f u n d a g a i n s t F.R. bank n o t e s 4o4,ooo 400,000 530,000 All other resources 66.000 5,816.000 77,000 TOTAL RESOURCES 3,772,495,000 1,493,065,000 3 , 5 7 3 , 5 5 5,000 L I A B I L I T I E S Capital paid-in 75,118,000 56,868,000 75,315,000 Surplus 1,134,000 1,134,000 Government d e p o s i t s 138,529,000 102,666,000 48,753,000 Due t o members - Reserve account 1 , 5 48,137,000 1,461,138,000 748,499,000 C o l l e c t i o n items 309,773,000 282,475,000 136,750,000 Other d e p o s i t s i n c l u d i n g f o r e i g n Govt, c r e d i t s 110.611.000 LL4.RQ6.000 Total gross deposits 2,107,050,000 1,906,962,000 987,915,000 F. R. n o t e s i n a c t u a l c i r c u l a t i o n 1,569,618,000 1,569,445,000 446,501,000 F.R. bank n o t e s i n c i r c u l a t i o n - n e t l i a b i l i t y 7,878,000 7,878,000 All other l i a b i l i t i e s 11.697.000 12.821.000 1.781 r 000 TOTAL LIABILITIES 3,772,495,000 3 , 5 7 3 , 5 5 5 , 0 0 0 1 , 4 9 3,065,000 R a t i o of gold r e s e r v e s t o n e t d e p o s i t and F.R. note l i a b i l i t i e s combined 58. % 61,256 79.9$ R a t i o of t o t a l r e s e r v e s t o n e t d e p o s i t and F.R. n o t e l i a b i l i t i e s combined 63.156 60.3$ 82.1# (a) Met amount due to other F.E.Banks Keieasea f o r p u b l i c a t i o n Sundatr morning May 19, 1918 Not e a r l i e r X-949*> WEEKLY STATEMENT OF EESOURCES Aim LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS MAY 17, I 9 I 8 __ (In thousands of d o l l a r s . ) Boston New York GPhila. C l e v e l . Richm. A t l a n t a C h i c a g o . S t . L o u i s Minn. Kans.Cy. D a l l a s San Fran. T o t a l RESOURCES 479,529 Cold coin and c e r t i f i c a t e s i n v a u l t 6,336 6,615 28,878 2,212 10,738 55% 5,205 31,613 5,276 348,267 9,190 24,645 418,337 Gold s e t t l e m e n t f u n d , F.R.Board 7,397 15,888 80%0l6 32,421 18,572 21,371 60,985 39,336 52,729 60,844 18,710 10,068 52.500 1.818 2.888 Geld w i t h f o r e i g n a g e n c i e s 1.817 1.575 7.350 2.100 2,100 2,625 3,675 18,112 1.675 4.725 950,366 Total gold h e l d by banks 69,936 405,715 65,594 9 0 , 2 1 4 26,883 18,258 116,244 36,733 31,410 24,550 14,440 50,389 Gold with F e d e r a l Reserve Agents 915,536 63,213 247,839 82,796 98,204 31,096 37,345 148,713 42,003 34,804 36,979 19,193 73,351 28,50? 1.260 iL Gold redemption f u n d 1.902 1.722 1.986 2.000 JXL 12.500 1.000 1.648 855 836 1894,404 Total g o l d r e s e r v e s 123,756 62,306 34,893 68,116 8 0 , 4 5 3 266,943 666,054 135,149 151,390 189,254 58,834 57,251 58,108 2.850 Legal t e n d e r n o t e s , s i l v e r , e t c . 294 361 4.520 _JL£92426 717 -622.561 42.865 1.124 629 124,119 1952,712 62,600 T ot al r e s e r v e s 68,183 37,743 82,150 271,463 137,710 708,919 152,714 189,883 59,260 57,968 842,265 B i l l s d i s . f o r members & F.R.banks 83,989 29,150 22,024 69,067 27,133 38,123 36,049 368,714 36,276 6 4 , i o 4 46,333 21,303 20.188 845 B i l l s bought in open market 2.041 279,28$ 7 , 1 1 6 . 42.627 11.480 1.891 26.956 7,697 _5x56Z. 2L03Z. 110.419 1122,151 T o t a l b i l l s on hand 71,108 58,311 29,140 27,978 126,616 36,847 48,226 26,870 63,232 77,584 57,086 499,153 4i,o4l U.S.Gov't, long-term seeSttities 3,461 8,864 3,981 1,869 2,233 726 7,800 1,234 6l6 7,335 1,347 ,1,575 U.S.Gov't, short-term s e c u r i t i e s 2,227 73,043 1,430 4,433 1,936 511 1 , 2 0 5 3,165 1,421 1,523 2,330 9,387 43,475 1.492 1.111 21 122 124 A n other earning a s s e t s 33-51, 84,428 64,038 35,026 Total earning a s s e t s 1237,727 32,561 137,116 28,854 39,715 66,909 94,771 50,983 59,123 544,203 * 1,882 6,420 283 Due from o t h e r F.R.b^-riks, n e t 4,032 7,870 10,159 1,856 427 184.191 16.728 15.915 8.421 41.181 19,963 45,854 21.201 U n c ol l ected items 17.171 27.884 40.818 71.208 33,841 Total d e d u c t . from g r o s s d e p o s i t s 33,843 73,635 42,674 37,171 27,884 31,360 53,724 43,383 12,455 2 3 , I 4 S 15,915 20,246 382,509 510 137. 5/^ Redemption f u n d a g a i n s t F.R.Bk. 393. notes All other resources IX ZZ_ 118,182 462,303 165,248 113,199 170,569 88,821 208,403 3573 , 555 TOTAL RESOURCES 230,676 1326,757 262,374 L I A B I L I T I E S 3,490 2,950 4,330 3,016 2,777 3,811 9,730 3,523 75,315 8,536 6,938 6,46o 19,754 Capital paid in 40 216 38 1,134 116 649 75 Surplus 8,886 2,294 4,46o 4,369 5,014 3 , 6 7 4 224 1,428 4,519 48,753 9,581 2,074 2,230 Government d e p o s i t s 67,676 38,657 71,698 1461,138 38,428 184,337 49,339 39,503 113,581 43,323 625,718 95,986 92,892 Due to members, r e s e r v e account 7 , 4 l 4 14,593 26,265 33,977 6,373 15,119 282,475 31,332 31,003 20,715 14,211 22,434 59,039 C o l l e c t i o n items » m % m + m 4,109 8,625 15,260 1,657 3,278 Due t o o t h e r F. R. banks, n e t • % • 16 17 244 5,336 469 n4,596 4,377 104,137 Other d e p o s i t s i n c l u d i n g f o r e i g n * ... # # » * * • • » government c r e d i t s 120,834 790,968 128,746 169,669 65,919 57,174 220,398 96,779 55,820 85,943 51,433 96,208 Total gross deposits 507,826 126,690 142,917 67,981 57,952 230,818 64,446 54,213 72,112 34,131 107,541 102,818 F.R;stefcee i n actual cIrpiti&.tion •*mm* J ) Sj 8 »»• •« • F.R.Bank n o t e s i n c i r c u l . n e t l i a b . i.i4i 100 500 151 1.146 107 124 703 489 7.560 All other l i a b i l i t i e s 230,676 1326,757 262,374 321,825 138,127 118,182 462,303 165,248 113,199 170,569 88,821 208,403 TOTAL LIABILITIES D i f f e r e n c e between net amount s due from and n e t amounts due t o o t h e r Federal Reserve Banks * Met amount F e d e r a l Reserve s a n k s . 1906,962 1569,445 "J j lP.fCT 3573,555 due.to Released f o r p u b l i c a t i o n Sunday morning May 1$, 1918 Not e a r l i e r X-9U9C STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS MAY 17, 19I8. ( i n thousands of d o l l a r s . ) FEDERAL RESERVE NOTES Boston New York P h i l a . C l e v e l . Richrn, A t l a n t a Chicago S t . L o u i s Minn. Kans.Cy. D a l l a s San F r a n . T o t a l Received from Comptroller 149,560 866,280 190,200 186,160 105,060 92,020 313,320 88,900 73,980 101,700 68,500 127,1U0 2,362,820 Returned t o Comptroller J * u . . . > X f J At-» 680,612 Chargeable to F.R.Agent 160,456 171,244 121,783 84,874 76,132 297,367 75,725 61,145 85,231 53,175 117,695 1 , 9 8 5 , 4 3 9 I n hands of F.R.Agent 13,920 115,400 23,540 18,440 6,200 16,125 44,479 6,290 7 , 3 1 0 18,500 — 275,199 4,995 I s s u e d t o F.R.Banks l e s s amount r e t u r n e d t o F.R. A Agent f o r redemption 107,863 565,212 136,916 152,804 7.8,674 60,007 252,888 69,435 56,150 77,921 34,675 117,695 1 , ? 1 0 , 2 4 0 -V COLLATERAL HELD AS SECURITY FOR OUTSTANDING NOTES: Gold coin and c e r t i f . on hand 16,000 Gold redemption f u n d 5,713 Gold settler,isnt frmd F . R . B d » - ^ 1 , 5 0 0 E l i g i b l e paper,minimum re*d. 44,650 Total 107^863 173,24? 9,592 65,000 317,373 565,212 7,062 75,734 54,120 136,916 20,517 7,687 70,000 54,600 152,804 1,596 29,500 4?,578 78,674 2,503 2,422 32,420 22,662 60,007 319 148,394 104,175 252,888 1,909 4o,og4 27,432 69,435 13,102 2,202 19,500 21,346 56,150 2,619 34j5o 40,942 77,921 11,581 2,028 5,584 15,482 34,675 236,950 50,004 6,855 628,582 66,496 44,344 794,704 117,695 1,710,240 AMOUNT OF ELIGIBLE PAPER DELIVERED TO F. R. AGENT 499,153 56,4ii 77,584 45,479 22,746 121,239 30,327 27,992 66,263 27,978 48,287 1 , 0 8 1 , 0 9 5 77,921 5,809 — 54,213 72,112 34,675 544 117,695 1 , 7 1 0 , 2 4 0 10,154 140,795 34,131 107,541 1 , 5 6 9 , 4 4 5 57,086 MEMO R A N D A FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION. F.R.Notes o u t s t a n d i n g F.R.Notes h e l d by banks F.R-Wotes in a c t r i a l c i r c u l a t i o n 107,863 5,045 102,818 565,212 .136,916 57,386 10,226 : 507,826 126,690 152,804 9,887 78,674 10,693 60,007 2,055 252,888 22,070 69,435 4,989 142,917 67,981 57,952 230,81s 64,446 56,150 1,937 DISTRIBUTION OF BILLS, U.S.GOVERNMENT SHORT TERM SECURITIES AND WARRANTS BY MATURITIES Within 15 days B i l l s discounted and bought U.S.Gov1t.•short-term securities Municipal warrants 641,734 41,976 l 6 t o 30 days 119,788 1 31 31 t o 60 days 195,29s 16,527 455 6 l t o 90 days 131,138 3,3n 45 Over 90 days 34,194 11,228 Total 1,122,151 73,043 531 R e l e a s e d f o r p u b l i c a t i o n S-unday morning May 19> 1918 Hot e a r l i e r . STATM4ENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF AfEMBER BANKS LOCATED IN CENTRAL RESERVE, RESERVE AND OTHER SELECTED CITIES-AS AT CLOSE OF BUSINESS MAY 10,. 1 9 1 8 . * r # 1. Data f o r a l l r e p o r t i n g "banks i n each Merr.be r banks Boston New York 40 98 Ho. 1 e p o r t i n g banks U, S . - b o n d s t o s e c u r e circulation 14,121 50,817 O t h e r U.S.bonds i n c l u d i n g L i b e r t y bonds 1 8 , 9 3 9 317,294 U . S . c e r t . i f i c a t e s of indebtedness 24,859 822,386 T o t a l U. S . s e c u r i t i e s 57,919 1 , 1 9 0 , 4 9 7 Loans s e c u r e d b y U.S. bonds, e t c , 56,492 264,809 -&11 o t h e r l o a n s and - investments 775,529 4 , 0 5 1 , 0 9 4 Reserve w i t h F«R,bank 55>64} 650,252 Cash i n van] t 2g,'U46 130,375 Net derrand d e p o s i t s 629,429 4 , 2 4 5 , 3 6 5 Tir,ie d e p o s i t s 95,600 27 7, 896 Government d e p o s i t s 113,562 379,927 district Phila. 49 Glevel. SO 12,975 42,887 23,818 14,695 19,642 17,393 31,475 79,050 25,173 .25,622 S3,973 46,530 90,920 39,146 161,083 I S , 971 67,962 22,218 62,535 3 6 ,3 7 6 42,697 15,824 6,4i6 ( I n thousands of d o l l a r s . ) . Richm. A t l a n t a Chicago S t . L o u i s 32 ' 36 73 95 X-.9i4.9d Total 693 71 Dallas 40 San F r a n . 48 14,012 16,979 35,399 268,482 24,833 10,280 20,980 16,591 22,880 677,090 56,721 160,336 32,685 74,911 12,833 28,857 30,159 65,151 17,589 51,159 99,449 2 , 1 1 0 , 8 3 9 27,771 12,558 3,179 3,997 5,226 Minn. 31 5,744 Kans.Cy. 41,170 1,165,267 8,391 483,736 3 7 0 , 1 3 5 233,988 454,161 169,243 4 8 7 , 4 3 4 l O , o 6 5 , 2 3 5 3 3 , 3 4 9 20,242 4 4 , 4 6 0 17,705 43,993 1 , 2 2 3 , 1 2 7 14,754 9,488 1 7 , 0 3 1 11,774 21,268 379,413 20,319 31,457 15,56s 14,812 64,121 592,722 673,313 267,650 192,606 1,02.4,429. 252,27c 171,088 375,147 140,773 370,780 8 , 9 3 5 , 5 7 2 ^4,634 45,040 6 c : 606 14,426 227,74s 44,669 81,868 347.103 2 3 , 1 7 5 103,499 l , 3 9 S , 2 6 4 7,917 12,520 826,989 37,729 68,531 24,092 32,425 47,474 52,538 2 0 , 3 7 s 2 9 , 8 9 6 2 . Data f o r t a n k s i n each C e n t r a l Reserve C i t y , banks i n a l l o t h e r r e s e r v e c i t i e s and o t h e r r e p o r t i n g b a n k s . C o u n t r y Banks Total Reserve C i t i e s Chicago S t . L o u i s T o t a l C e n . R e s . C i t i e s New York i May 10 May 3 "lay 10 i&y 3 I'%y 10-—"'lay 3 'iay 10 &e.y 3 May 10 i%y 10 May 10—-:%y 3 ' No. r e p o r t i n g banks 66 66 120 120 40 419 418 14 154 . i4s 686 693 U.S.bonds t o s e c u r e circulation 36,473 36,465 268,482 48,300 48,119 46,185 172,054 1,443 171,754 48,309 266,239 10,393 O t h e r U.S. bonds i n c l u d i n g L i b e r t y bonds 275, 527 148,690 279,211 1 6 1 , 4 4 i 18,450 346,348 51,531 3 2 , 4 4 0 174,197 677,090 368,078 52,371. U . S . c e r t i f i c a t e s of indebtedness 805,879 988,990 388,900 262,235 3 9 , 3 2 3 54,122 1 , 1 6 5 , 2 6 7 28,153 863,709 1 , 0 8 3 , 3 0 7 1,526,329 29,707 Total U.S.securities 1,117,879 1,174,145 2,160,646 56,966 1 , 2 5 8 , 3 6 6 1 , 3 0 5 , 8 0 4 713,500 7 2 2 , 0 9 5 138,973 132,747 2 , 1 1 0 , 8 3 9 83,521 Loans s e c u r e d by U.S. bonds, e t c . 242,321 130,549 15,713 10,097 268,131 149,167 187,031 l4i,4os 2 8 , 5 7 4 21,362 483,736 311,937 A l l o t h e r l o a n s and i n vestments 3 , 7 0 0 , 4 l 6 3 , 6 7 1 , 1 0 1 8 2 0 . 7 4 1 264,760 4 , 7 8 5 , 9 1 7 4 , 7 5 0 , 1 4 3 4 , 4 6 8 , 1 4 6 4 , 4 3 9 , 5 6 2 811,172 7 7 0 , 0 5 8 1 0 , 0 6 5 , 2 3 5 9,959,763 R e s e r v e w i t h F-R-bank 6 2 3 , 5 7 4 571,677 101.742 24,820 750,136 700,599 420,396 411,295 52,595 50,6271^223,127 1,162,521 Cash in v a u l t 116,927 114,908 8,288 164,399 161,4il 178,017 178,157 ' 3 6 , 9 9 7 3 6 , 0 7 s 39,184 379,413 375,646 Net demand d e p o s i t s 3 , 9 6 0 , 8 8 8 4 , 1 2 1 , 8 2 4 689,451 1 8 0 , 8 7 1 4 , 8 3 1 , 2 1 0 5 , 0 3 3 , 6 1 0 3 , 4 7 8 , 4 2 7 3 , 6 0 5 , 6 2 0 6 2 5 , 9 3 5 6 3 0 , 3 9 5 8 , 9 3 5 , 5 7 2 9,269,625 Time d e p o s i t s 234,825 243,395 130,630 1,419,056 54,724 420,179 432,233 796,819 80S, % 3 l 8 1 , 2 6 6 1 7 s , 3 0 0 1 , 3 9 8 , 2 6 4 Goveipment d e p o s i t s 352,707 3 26,006 25,502 826,989 606,020 36,082 4 1 , 6 9 1 430,480 378,025 342,627. 202,493 5 3 , 8 8 2 622,068 928,100 349,106 68,131 81,129 27,214 267,004 1 , 3 5 7 , 3 7 3 27,545 143,464
@FedFRASER