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R A T I O O F D I S C O U N T E D BILLS H E L D B Y F E D E R A L RESERVE BANKS TO THEIR D E P O S I T LIABILITIES
TOGETHER WITH THEIR RESERVE PERCENTAGES AS OF JUNE 21, 1922.

X-3U5I

(Amounts in t h o u s a n d s of d o l l a r s )

Boston

124,359

23,773

Ratio of d i s counted bills
to t o t a l
deposits
(Percent)
19.1

N^w York

729,613

33,1-93

4.6

718,106

Phil adelphia

109,637

44,176

4O»3

Cleveland

143A53

42,091

Richmond

56,156

Atlanta
Chicago

Federal
Reserve
B a n k of

Total
deposits

Discounted
bills

Member
banks'
reserve
deposits

Ratio of discounted bills
to m e m b e r b a n k
reserve deposits
(Percent)
19.2

Rank

Reserve
percentages

2

72.2

4.7

1

87.9

108,256

40.8

8

80.7

29.4

l4l,485

29-7

6

69

40,553

72.2

55-,095

73.6

11

75-5

51,160

30,885

60.4

49,736

62.1

10

83,0

251,85S

60,002

23.8

249,273

24.1

3

81.3

St. Louis

72,615

18,947

26.1

71,085

26.7

5

68.4

Minneapolis

46,324

26,729

57-7

45,224

59,1

9

70.3

Kansas City

82,762

21,147

25.6

80,884

26.1

4

64.5

Dallas

45,230

32,904

72.7

44,238

74.4

12

61.8

San Francisco

141,532

46,763

33.0

125,010

37*4

7

70.2

TOTAL

l,254,399

421,568

22.7

1,812,010

23-3

FEDERAL RESERVE BOARD,
DIVISION OF BANK OPERATIONS,
JUNE 22, 1922.



123,618

7

79.1