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X-3849
AVERAGE .AMJUNT OF FEDERAL BESERVE NOTES OUTSTANDING IN EXCESS
OF GOLD PLEDGED WITH FEDERAL BESERVE AGENT AS COLLATERAL
(ON BASIS OF WEEKLY STATEMENT FIGURES) ALSO AIDUNT OF INTEREST
'!HEREON AT 2 PER CENT PER ANNUM

Excess of F. R. notes outstanding over gold pledged with a.gent

1918

1919

1920

1922

1921

Boston
$ 67 .o42,000 $ 133,193,000 ,, 173.396,000 $ 91,587,000 $ 41 ,058 ,000
New York
382 '770 ,000
542 ,ll5 ,000
426,702,000
682,738,000
70,257.000
Philadelphia 77,478,000
149,435,000
110,685,000
55,874,000
16g,216,ooo
C1evel8lld
73,857,000
118,218,000
46,1~,000
18 ,817,000
99,294,000
·Richmond
53.374,000
90,288,000
46,950,000
92,931,000
97,533,000
At1snta.
39.317,000
80,862,000
"100 ,66o ,000
96,604,000
32.745,000
Chica.go
. 129,258,000
56,208,000
402,310,000
21.&6 ,200,000
193, ~10 ,000
St. LOuis
41,493,000
28,421,000
71, 45,000
70,026,000
102,770,000
Minneapolis 27,789,000
46,717,000
23,283,000
51,187,000
43;8)6,000
Xansa.s City 40·, 785,000
66,881,000
25,308,000
71,189,000
56.548,000
·Dallas
25,801 ,000
36t373,000 .
16 t 7l!4 ,000
56,711,000
39.784,000
San Francisco~ ,579,000
121,906,000 .
6o,417,000
1 4,8 ,000
180,9 9,000
TOTAL 1,02 , 3.000 1, 50.9 3,000 2,271,
,000
1,509,0 ,000 503, JO,OOO
'i~

Interes"t a.t 2
1918
Boston

$ 1 '34o ,8l.K>
7 ,655.l.K>o
Philadelphia. 1,549.56o
Clevelsnd
1,477,1l.&o
Richnxmd ·
1,067,480
Atlanta
786,340
Chica.go
2,585,16o
St. Louis
829,86o
Minneapolis
555.780
Xansa.s City
815,700
Dalla.s
516,020
San Francisco 1 ~all .~80
TOl'AL
20, 90,860
New York

ill2
$ 2,66),8'60

10,842,300
2,988,700
2,364,360
1,805,760
1,6l7,24o .
3,866,200
1,432,900
934.3lro
1,337,620
727,46o
2 2 4~8!120

33,018,860
.Amount

1919
$2,703,894

~r

cent.J2er annum
'
1920 .

$ 3,467,920

$ 1,831,740

$ 821,16o

13,654,790
3,Jo4,320
.3. 736,34o
1.• 950,660
2,013,200
8,046,200
2,055,4oo
1,023,740
1,423,780
1.,134,220

8,534,040
2,213.700
1,985,880
1,858,620
1,932,080
4,924,000
1,400,520
876,720
l,l30,96o
795,680
2 2697 2140
30,181,080

10,068,-00

~ 2 618 2 780

li5,li29,320

1 ,405,ll.&o
1,117,480
923,300
939,000
654,900
1,124,160
568,420
465,66o
506,160
334,880

1!208,~40

of Franchise Ta.x Pa.id
1221

1920

$6o, 724,742

*Of this amount, $3,400,o61 wa.s on account
taxes pa.id for previous years •



1922

1921

1922

$59,974,466 •$10,850,6o4
of

a.djustn:ents in