The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
W. P. G. HARDING, GOVERNOR
PAUL M. WARBURG, VICE GOVERNOR
FREDERIC A. DELANO y
7 ET
ADOLPH C. MILLER
A —
*
CHARLES S. HAMLIN
Ex-Officio Members
WILLIAM G. McADOO
{
SECRETARY OF THE TREASURY
C h a ir m a n
JOHN SKELTON WILLIAMS
COMPTROLLER OF THE CURRENCY
FEDERAL RESERVE BOARD
H. PARKER WILLIS, SECRETARY
SHERMAN P. ALLEN, ASST. SECRETARY
AND FISCAL AGENT
ADDRESS REPLY TO
W A S H IN G T O N
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
April 9 , 1917 .
Dear Sir:
Enclosed herewith I hand you copy of exhibit indicating
the method used by our statistical division in combining the
ledger items of Form 3 ^+ into the se.veral asset and liability items
shown in the Board’s weekly bank statement.
May we request thatj until further notice, you mail to
us each week on Friday night if practicable or on Saturday morn
ing at the latest, in addition to the regular statement, a con
densed statement on enclosed Form 3^1 prepared albng the lines
indicated in the attached exhibit.
If, after a month's trial, it is found that the con
densed statements as submitted by the banks are prepared in a
uniform manner, the Board may authorize the substitution of the
condensed statement for the full statement (Form 3 ^) which is
being wired at present each Friday evening. This, of course,
will result in considerable saving of labor and expense to the
Federal reserve system.
With the view of facilitating the preparation of the
condensed report, I enclose herewith 25 copies of Form 3^1 which
gives all the items on Form 3 ^ for 'which telegraphic data may be
required in a condensed weekly statement. Until further notice
please insert figures only for asset and liability items "FANG"
to "TWIN".
Respectfully,
Governor.
Enclosures.
P. S. In case you decide to use copies of the enclosed form for
press statements, please make sure that all code words are elimi
nated before the statement is made public.
2253
X-75a.
Form for weekly telegraphic statements,
FORM - 341.
FANG
FELL
FIRK
TONG
FUSS
TEND
FAIL
FAKE
FEND
FISH
FORD
FLAG
FIST
FYFE
FOAM
TILL
FERN
FLIP
FONE
FUNK
TOTE
STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE
BANK O F ___________ _AT CLOSE OF BUSINESS ON _________J-91 .
(In thousands of dollars)
R E S O U R C E S ,
Gold coin and certificates in vault............... .................
Gold settlement fund.......................... ............... ......
Gold redemption fund with United States Treasurer....... ...........
Total gold reserve.............................. ...........
Legal tender notes, silver, etc.... ................................
Total reserve.......... .........................
......
National Bank notes and notes of ojher F, R. banks,.....* _____ ____
Five per cent redemption fund against F. R. bank notes...________ _
Bills discounted - Members,exclusive of collateral n o t e s . _____ _____
Member banks' collateral notes................. ................. ...
Acceptances bought............ .......................... ...........
United States bonds......................................
......
One-year Tree,sury notes.... ............................. ......... .
U. S. certificates of indebtedness.................... . .... .....
Municipal warrants..................................................
Total earning assets............................ ...........
Federal reserve notes - Net..... ........................ ___.......
Due from other Federal reserve banks - Net...............
,,
Uncollected items....................................... .
, __,
All other resources, ....................... t
, ______
TOTAL RESOURCES.................................. •__________
GASH
GOW
GRAB
GUST
GILL
GENT
GNAT
GOBI
TWIN
L I A B I L I T I E S ,
Capital paid in...... ...................................
Government deposits...... ...............................
Due to members - Reserve account........................
Collection items...... ................................
Federal reserve notes - Net...................... .
Federal reserve bank note liability..... ..........
Due to other Federa.1 reserve banks - Net................
All other liabilities....... ............................
TOTAL LIABILITIES............. ..................
Code
Words:
M A T U R I T I E S
MARK
MACE
MELT
MILK
MORE
MUCH
TIME
MINE
DEER
DAM?
DISH
DOPE
DRAB
.
WARRANTS:
SALE
SEND
SIFT
SORE
SUCH
SYLP
TOST
BILLS:
Past due
Within 15 days
From 16 to $0 days
"
3 T to 60 days
"
6l to 90 days
OVer 90 days
Total
1
Trade acceptances not endorsed by member banks.
Federal reserve notes outstanding.
With Federal Reserve Agent for retirement of outstanding F. R. notes!
Gold................. .............................. ••
...
Lawful aonSf.
... .
Total
Paper pledged with Federal Reserve Agent..............
........
..........
2254
Exhibit indicating method used by the Boards .Statistical livision
in building up the several items of its Weekly $t?.tement
X-75
(Ledger Itom? of Fora 34 are designated by the CODE words only)
Now Telegraphic
Code
Words
FANG
FELL
FIRK
TONG
FUSS
TEND
FAIL
FAKE
FEND
FISH
FORD
FLAG
FIST
FYFE
FOAM
TILL
FERN
FLIP
FONE
FUNK
TOTE
RESOURCES
CODE
ITEMS
Gold Coin &
Certificates
in vault............. BIRR and BOLD
Gold Settlement Fund. BABE
Gold Redemption Fund. BELT
Total Gold Reserve
Legal Tender Notes,
silver, etc........ . BOSS, BULK <and BURG
TEND
Total Reserve--- ...
National Bank Notes &
Notes of other F.R.Bks.BAYS
5$3 Redemption Fund . F.R.Bank Notes,>..... BACK
Bills discounted Members.......... .. • BALE
Member banks’ collateral notes........... BANK
Bills bought in open
market......... ..... BEND
U. S. Bonds......... BELL and BITE
1-yr.U.S.Treas. Notes BOYD
U.S.Certificates of
indebtedness........ BYCE
Municipal Warrants... BAND
Total earning sssets
Federal Reserve Notee •
Net............. .
BEET plus BONE minus COKE
Due from other F. R.
Banks - net........ . BRAG minus CHOP
Uncollected Items.... BULL to BOAT both inclusive
All other resources. BUTT, BISEj BOND, BUSH, TASK, TARE, BILL
minus CITE, THOR and TURF.
Total resources..... TOTE
L I A B I L I T I E S .
GASH
GOVT
GRAB
GUST
GILL
GNAT
GENT
GOBI
Capital.............
CAPE and CASH
Government Deposits.. CAKE
Due to members-Reserve
account............ .. CLAY
Collection Items,,.,.. CLUB to CLOG, both inclusive.
Federal Reserve NotesNat,.............. .. COKE minus sum of BEET and BONE.
Due to other F.R.Banks t
Net................... CHOP minus BRAG
F.R.Bank note liabil
ity. .................. COIL minus - BEAR
All other liabilities CITE - THOR £ TURF, minus BISE, BOND,
BUSH, TASK, TARE and BILL
lotal liabilities
TWIN
jjimtiiiu.mu
@FedFRASER