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"

Misc.3.100M-1-20

I FEDERAL RESERVE BANK
OF NEW YORK
DATE_July 12, 1921

Us_ ,ICE CORRESPONDENCE
TO

Governor Strong

SUBJECT

Questionnaire of Mr. Blackett.

R. G. Bellah

The papers attached to your office correspondence to me
of June 27, do not give all the information desired in the questionnaire
sent to you by Mr. Blackett.

or has in

available

However, our department has already prepared

farm much of the requisite data.

be made up, only 4 present difficulties:

Of the 18 tables to

those of Lignite, Imports (weight),

Exports (weight), and Capital Issues, but all the information can be procured.

I understand that you have not as yet decided whether or not

yoa will send a

personal reply to

r.

Blackett,

your directions before proceeding further.




and therefore I shall await




:79

,FACTS OF INTEREST
IBERTY LOANS

,CERT IFICATES OF INDEBTEDNESS
.INCOME AND EXCESS PROFITS TAXES

,PUBLIC DEBT
GOVERNMENT FUNDS

ETC.

Compiled by
Becords

Section -

Issue

Certificates of Indebtedness

ivision
Department

Pederal Reserve Bank of New York.

1_.=lar.Y.Lagl
Governor Strong

To


http://fraser.stlouisfed.org/
From
Federal Reserve Bank of St. Louis

-

W. B. Matteson

INDEX
PAGES
1-S

Resources, etc. Federal Reserve Banks

4

Public Debt

5-6

Income and Excess Profits Taxes

7-8-9-10

Certificates of Indebtedness - Distribution of

11

do

12-13

do

14

do

- Allotments, etc.

do

- Bond Issues, Entire Country, 2nd
Sales Associated Banks, etc.

do

do

- Tax Issues, Ehtire Country, 2nd F. R. Dist., etc.

15

do

do

- Series 1920 - 1921

16-17

do

do

- Subscriptions and Payments

18

19

20-28

'

F. R.

Dist.,

Liberty Loans - Amount Issued, etc.
do

do

- Number of Subscribers, Individuals, Banks, etc.

Government Funds - Deposits, Withdrawals, Balances

29-32

do

do

- Balances close of business Fridays

33

do

do

- Largest amount deposited

34

do

do

-

do

collateral

35

Government Deposit - Correspondence and applications received

36

War Loan Deposit Account - Interest received

37

Liberty Loan Issues - Comparison of prices




do

FEDERAL RESERVE BANKS
ENTIRE COUNTRY
Showing the resourcesof the twelve Federal Reserve Banks and branches
number of member banks; and states in each district, cities where the branches are located;
also the principal industries of the different states.
As of December 30, 1920.
Districts
Number of
Member
Banks
Branches
Resources

and

Classification
of cities

4501,000 000

434

1,833,000,000

Industries
"Cities
of
Where Branches
Are Located
Branch Cities

-0.

780

States
Included
In

District

Industries
of
States

Boston
Educational

New York

2

3

Philadelphia 490,000,000
Histcrical

4. Cleveland

614,000,000

Buffalo

Page 1

282,000,000




Mfg,-Truck Farming

Delaware
Part of N. J.
Part of Penn.

869

2

Cincinnati
Pittsburg

Manufacturing Ohio
Manufacturing Part of Penn.
Part of West Va.
Pt. of Kentucky

*
Richmond
Historical

Mfg.-Commerce-Agriculture

Shipping

697

Manufacturing

5.

Granite Mining-Lumbering
Mfg.Boots
Shoes-Farming
Granite Mining
Mfg.Cotton 82 Woolen Goode
Fisheries-Raising Live Stock
Mfg.Brass,Bronze Metals,Silks

New York

Financial

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

12 counties in
New Jersey
1 county in Conn.

1

610

1.

Baltimoro

Shipping and
Mfg.

Manufacturing
Canning
Manufacturing
Coal Mining-Mfg. Iron & Steel

Mfg. of Iron & Steel
Coal Mining
Coal Mining & Oil Mining
Stock Raising-Growing Tobace0

Diet.of Columbia Print ing ti Publishing
Maryland
Canning-Fisheries
Virginia
Growing Tobacco
No. Carolina
Growing Cotton and Tobacco
SO. Carolina
Growing Cotton
Pt. of West Va.
Coal Mining

-

2-

Districts
Number of
Member
Banks
Resources

and

Classification
of

6

Cities

Atlanta

277,000,000

449

Commercial

Number
of

Branches
4 &
1 Agency

Cities
Industries
Where Branches
of
Are Located
Branch Cities

In District

Birmingham,

Alabama

Coal Mining-Mfg. Iron & Steel

Georgia

Cotton growing-Fruit raising
Raising of Citrus Fruits

,Jacksonville
Nashville

Coal Mining &
Manufacturing
Shipping
Manufacturing

States
Included

Florida

Industries
of

States

ETobacco

New Orleans
Shipping
Savannah Agency Shipping

7

Chicago
Financial

950,000,000

Detroit

1404

Pt.of Tennessee
Tobacco growing
Pt.of Mississippi Cotton Growing
Pt.of Louisiana
Cotton and Rice growing
Iowa
Pt.of Wisconsin
Pt.of Illinois

Manufacturing

Indiana
Pt.of Michigan

8

St. Louis
Distributing A

264, 000, 000

569

3

- Manufacturing

Little Rock
Louisville
Memphis

Manufacturing
Manufacturing
Distributing

Arkansas
Pt.of Missouri
Pt.of

Pt.of
Pt.of
Pt.of
Pt.of
9

Minneapolis

162,000,000

FlAur Centre

page 2




997

-0-

Meat Packing
Lumbering
Raising of grain & Meat
Packing
Raising of grain
Mfg, of automobiles and
furniture

Raising cotton and rice
Stock Raising
Raising of grain and
Meat Packing
Indiana
Raising of grain
Stock Raising-growing of
Kentucky
Tobacco
Tobacco growing
Tennessee
Mississippi Cotton growing

Montana
North Dakota
South Dakota
Minnesota
Pt. of Wisconsin

Mining Copper and Silver
Grain raising
Grain raising
Grain raising & flour of g.
Lumbering

C)
- 3-

Distribts
and

Number of
Member
Resources
Banks

Classification
of

ciqes

Kansas City
Grain Centre

J.

12

Dallas
COtton Centre

Number
of

Branches

Cities
Industries
of
Where Branches
Are Located
Branch Cities

of

States

1084

3

Denver
Oklahoma City
Omaha

Mining
Mining
Smelting

Kansas
Nebraska
Colorado
Wyoming
Pt.of Missouri
Pt.of Oklahoma
Pt.of New Mexico

Grain and stock raising
Stock Raising
Gold and silver mining
Stock Raising-Oil Mining
stock Raising
Stock Raising-Oil Mining
Stock-Raising-copper Mining

173,000,000.

844

2

Houston
El Paso

Distributing
Distributing

Texas

Stock Raising-Oil mining
Stock Raising-copper mining
Oil mining
Cotton and rice growing
Copper and lead mining

Los Angeles
Shipping
Portland
Distributing
Salt Lake City Smelting

821

Seattle
Spokane)

0,269,500,000.

9558 X

Pt.or

New Mexico
Pt.of Oklahoma
Pt.of Louisiana
Pt.of Arizona

California
Washington
Oregon

Ship-building Idaho
Mining
Nevado
Utah
Pt.of Arizona

x23

x Including Savannah Agency

L.

Second District percentage 4f resources to entire country

Page 3



Industries

4265,000,000.

San Francisco
Shipping Centre
458,000,000.

TOTAL
RESOURCES

States
Included
In District

X As m

October 11., 1920.

30.3#

Fruit growing-Gold mining
Fisheries
Copper and silver mining
and Fisheries
Stock Raising
Gold and silver mining
Copper and zinc mining
Copper and lead mining

MONTHLY CHANGES 1N THE PUBLIC DEBT
OF THE UNITED STATES
1920
Jan.

Bonds
All Liberty Loans
Treasury Certificates
(Including Pittman Act

and Special Issues )

Sayings Securities
Debts (Non interest

War

bear

ine

Total Gross Debt

Total Net Debt

Bonds

and Special. Issues)

War Savings Securities
Debts

May

June

883,549,390.
19 581, 283, 693.

2,667,220,055. 2,994,272,555.
867,023,867.
855,287,409,

3,364,939,055.
844,281,254.

2,768,927,500.
828,739,702.

239, 821,174.
242,048 483.
234,289, 869.
241,225,08%
235,56L.7,12.
25, 668,389, 093. 25,404,331,705. 24,698,671,584. 24,944,677,796. 24, 974, 963, 026.

236,821.181,

3,471,890,055. 3,301,888,755.
889,357,574.
879,419,235*

395,782.596,
24, 942, 619, 015. 25,008,549,109.
Aug.

251,622,538. ___as21,152,f721.
24,

447, 049, 046. 24, 635,120,176.

Sept.

Oct.

883,549,390.

201, 868,990.
24, 773,094, 036.
Nov.

24, 299,321, 466.

157,701,682.
23, 941, 619, 784.

Dec.

883,622,190.
883,622,190.
883,622,190.
19,573,620,658. 19,571,177, 458. 19,534,018,933.)9,528,703,318.

883,622,19o.
19,515,816,168.

883,622,190.
883, 622,190.
19,512, 078,568.

2,640, 020, 450. 2, 000. 432, 950.
2, 830,576, 629,
786,848,146.
796,974,393.

2,767, 435,450.
774, 684,505.

2,592, 885, 450.

233,903,068.
234,246,330.
231,076,370.
211,597, 931.
212,720,167.
24,222,917,012. 24,324,672,122. 24, 087,356,127. 24,062,509,672. 24,175,156,244.

232,684,179.

2, 712, 921,500.

818,506,334.

808,220,104.

760,953,780.

(Non interest

bearing)

Total Gross
Less Balance
General Fund

Debt

in

Total Net Debt

Page 4

Apr.

19, 647, 903, 458.

July
All Liberty Loans
Treasury Certificates
(Including Pittman Act

Mar.

883,549,390.
883 , 549,390.
883,549,390.
883,549,390.
20,181,543,591. 20,099,653,151. 20,039,653,183.19,976,003,663.

in

Less Balance
General Fund

Feb.




205,161, 915.

257,746,628.

434,961.050.

203,652.027.

165,627,097.

504051,394,

24, 017, 755, 097. 24,066,925,494. 23,652,395,077.23,858,857,645. 24,009,529,147.

23, 477,,272,773.

0
INCOME & EXCESS PROFITS TAXES
RECEIVED DURING THE YEAR OF 1919
SECOND FEDERAL RESERVE DISTRICT,

March 15
payment
Cash & Checks

Certificates of

June 15
layment

$267,892,445.18

0241,404,393.66

50 507 000,00
$318,399,445.18

Dscethber f5

Total

Payment

Payments

*227,775,079.66

0224,659,604,08

$961,731,522.58

56,691,000.00

63 487 000.00

47,187,000.00

218,074,000.00

$298.097,391.66

$291,262,079.66

September 17
Payment

Indebtedness

T OTAL

Page 5




$1,179,805,522,58

INCOME

&

EXCESS PROFITS TAXES

RECEIVED DURING THE YEAR OF

1

92

O.

SECOND FEDERAL RESERVE DISTRICT

March 15
Payment

Cash & Checks
Certificates of
Indebtedness

TOTAL


Page 6


June 15
Payment

September 15
payment

December 15
Payment

Total
Payment

236,703,734.30

q 232,363,534.25

f 218,447,733.73

214,205,045.91

v901,720,048.19

16,866,500.00

16 252,000.00

14 745.000,00

13g416,52122

6128od1224.22

0 253,570,234.30

$ 248,615,534.25

233,192,733.73

227,621,545.91

0963,000,048.19

DISTRIBUTION BY ISSUES OF CERTIFICATES OF INDEBTEDNESS SOLD DURING' 1919
SECOND FEDERAL RESERVE DISTRICT
NATIONAL

Dated

Rate

2,1919
Jan. 16,1919
Jan. 30,1919
Feb, 13,1919
Feb. 27,1919
Mar. 13,1919
Apr. 10,1919
1,1919
may
TOTALS,

41
41

Issue

Number

STATE

BANKS

Amount

Of Sale

Number

BANKS

Amount

TRUST

;

Of Sale

COMPANIES

Amount

Of Sale

103,680,500.
72,032,000.
72,163,500.
78,355,000.
64,662,500.
67,382,500.
66,818,5oo.
66,114,5oo.
0591,609,000.

Number

34.4
35.4

BOND ISSUES

Series

1919

5-C
5-D
5-E

5-r
5-G'
5-H
5-J

5-K

Jan.

41
41

44
41

41

166,571,500.
479

105,701,500.

493
492

166,337,500.
115,438,000.
90,213,500.

490
458
484
441

90,151,500.
184,419,000.

55.3
51.9
62.6
53.1
51.7
49.2
67.0

156
157

23,724,500.
18,872,000.
21,810,000.
19,454,500.
16,465,000.
20,749,500.
18,986,000.

158
161

0-1920
D-1920

Sept.

2,1919
1,1919
Dec.
TOTALS

41
41
41
4,-It

388
410
335
144

9.3

8.2

28.462_,000.

8.9
9.4
11.3
6.9
13.4

$168,523,5oo.

16,575,000.

8.6
8.6

148
140

113,160.000.
41,031,992,500.

53-1

107,891,000.
117,307,500.
94,603,500.
25.949.500.
$345,751,500.

56.1
58.1
37.4
60.1
50.1

104
118

87,806,000.
151,260,000.
143,760,500.
41,352,000.
62,010,000.
108,099,500.
68,399,500.
11,519,500.
255,493,000.
61,527,000.

51.0
66.4
67.7
52,6

16

10,267,500.

6.2

18
38

3,810,500.
5,525,500.
2,991,000.
11,154,500.
9,913,000.

1.7
2.6

56.3

163
162

165

9.2

152
150

Series

1920
Aug.
1,1919
A-1920
Aug. 15,1919
B-1920

7.9

17,332,000.
12,629,000.
2,296,o00.
$48,832,000.

92

39

5.0

5.3
7.1

170
159
159
165
149

132
145
119
51

67,000,500.
61,064,000.
40,536,000.
14.865,5oo.
4183,466,000.

27.2

36.0
37.1
36.8
24.3
31.2

32.3
34.8
30.2
16.0
14.4

26.6

TAX ISSUES
T-2
T-3

T-4

\

T-5
T-6
T-7

T-8
T-?

Jan. 16,1919
Mar. 15,1919
June 3,1919
June 3,1919
July 1,1919
July 1.1919

41

85

4,-

54

44

62

41

97

15,1919

41

103
110

4:17

97

qi-

217
121
191

Sept.11,1919

4

4

T-10

Sept.15,1919 4

TM-3
TJ

Dec.

1,1919
Dee. 15,191q
TOIALC,

4*

GRANr TOTALS FOR YEAR I/ 1

Page 7




97

48.0
44.6

58.7

39
July
30

45.0
62.0

32
66

68.1

39
57

1,134,597,500.

50.9
57.2

42,512,341,500.

55.8

11-3.370,500.

27
31

1,037,500.
34,348,000.
3,965,500.

10.2
4.1
7.4
4.1
8.3

4.4

15.627000.

5.5

4109,254,500.

50
55
41
44
76
53
81

5.5

$326,61o,000.

6o
53
48
35

7.2

65,461,500. 19.5
57,000,500.
25.0
22.4
47,623,000.
18,203,000. 23.2
50,501,500. 39.1
103.983,500. 42.9
8,614,500.
27,962,500.
24.0
11,974,500.
109,104,500, 26.5
13,551,0004
8o,1224000.
28.5
085,687,5oo. 29.5

0.0

1.360,762,5oo.

FORWARD

30.2

DISTRIBUTION BY ISSUES 0F CERTIFICATES 0F INDEBTEDNESS SOLD DMINT1919
SECOND FEDERAL RESERVE DISTRICT

(Continued)
SAVINGSH

Issue

Dated

Rate

Number

BANKS;

Amount

INDIVIDUALS-INCLUDING FOREIGN
AND PRIVATE BANKERS

a

Of Sale

Number

Amount

Of Sale

TOTALS

Number

Amount

860
885
891
881
844
816
845
758

100,977,500.
203,609,500.
265,844,500.
217,497,500.
174,501,500.

BOND ISSUES

Series 1919
Jan. 2,1919
5-c
5-D

5-E
5-F
5-G
5-H

5-J

5-K

Jan4.16,1919

4
4

Jan.30,1919 42
Feb.13,1919
Feb.27,1919
Mar.13,1919 4.
Apr.10,1919 44
May

1,1919 4

44
65

50
43

29
38
32
14

TOTALS)

Series 1920
A.1921
B-1920
C-1920
D-1920

Aug. 1,1919 4
Aug.15,1919

41

Dec. 1,1919

41-

Sept.2,1919 4

13
15
9

1

TOTALS'

3,873,000

5,680, coo
4,170,000
4,075,000
2.935,000
4,495,000
4,560,000
1.125,000
W1,913,000

1.3

2.8
1.6
1.9
1.7
2.5

1.7
----1
1.7

18
22
25
15
14
11
16
14

66o,000
975,000
965,000
5,000
$2,605,000

.3
.5

.4

47
49

.4

.01

3,128,000.
1,324,000.
1,163,500.

1.0

175,060.
225,500.
333,000.
571,500.
3,239,500.
$10,160,000.

.1
.1
.2

.7

.2

1.5
.6

$1,833,198,000.

14

199,500.

.1

651

12
11

5,226,000.
103,945,500.
49,000.
$109,420,000.

2.6

700
566
239

4

.4

41.1

.1
15.9

183,111,5000
275,355,000.
212.301.000.

192,326,000,
201,904,500.
252,679,000.
_4lJ65_L221!..

$690,074,500.

TAX ISSUESY

Jan.16,1919 4+

T-2

Mar.I5,1919 4

0
9

1.2

21

4f

4

250,000

.3

13

6

1.3

15

4

4

1,635,000
1,350,000
445,000

.6

36
19
11
31
12
34

June 3,1919 41

T-4
T.5
T-6

June 3,1919

T-7
T-8
T-9
T-10

July 1,1919 4

Tm-3

July15,1919
3ept15,1919 4.
Sept15,1919 44
Dec. 1,1919 44

TJ

Dec.I5,1919

41

1

9

0
13

6
9

TOTALS.

(iPt'.77) TOTAL.. FOR YEAR 1 9 1 9




Page 8

o

100,000
2,465,000

July 1,1919 44

T;-3

1,491,000
175,000
876,00o
$8,787,000
42,305.000.

.4
.o
14

.2
.03

.4
.9

2,087,000.
15,793,000.
12,963,000.
15,761,500.
1,953,000.
19,158,000.
11,029,000.
1,051,000.
11,882,500.
11,191,500.
41,687.000.
$144,556,500.
.J264.116,500.

1.3

6.9
6.1
20.1

1.5
7.9
9.5
4.1

2.9
12.4
7.3

5.9

228
175
213
141
201
237

209
184
403

231
372

165,622,000.
227,964,000.
212,337,000.
78,557,500.
129,254,000.
242,504,000,
116,450,500,
25,582,500.
412,319,000.
90,416,000.
281,882,500.
$1,982,883,000.
A..506,155,5oo.

DISTRIBUTION BY ISSUES OF CERTIFICATES OF INDEBTEDNESS SOLD DURING 1920
SECOND FEDERAL RESERVE DISTRICT
STATE

NATIONAL BANKS;
Issue
BOND ISSUES

Series 1520
E-1920
F-1520
T-1920
H-1920

Dated

April 1,1920
April 15,1920
April 15,1920

May
17,1920
TOTAL SERIES 1920

Series 19-21A=1921

3-1921
0-1921
D-1921

41
5

51
5+

112

65

136
129

Amount

Of Sale

44,880,500
21,707,500
23,528,500
21,322,LO_
111,837,000

Rate Number

42.9
65.7
25.4
57.3
41.6

38

5,560,000

23
42
41

818,500
7,502,000
4,E.3,.5.20
18,304,000

26

Number

TRUST

BANKS

Amount

Of

ale

Number

5.3
2.5
8.0

53

1.16,4

57

36
65

COMPANIES

Amount

Of Sale

27,519,500
10,355,500
51,819,500
10 006 000
99,700,500

37.1

40,013,000
22,357,50o
14,312,000

49.2
40.1
24.8

26.3
31.3
55.1
26.9

.

July 15,1920

5i
5t

27
87

37,370,000

16,1920
15,1920

6

5i.

307
189

34,416,500
45.057,500
145,675,500

45.9
51.7
59.6
54.o
52,3

257,512,5oo

June
Aug.
Nov.

15,1920

TOTAL SERIES 1921
TOTAL:. LOAN ISSUES

28,83:1,500

2,436,500
3,871.500
5,887,000
8.595 000
20,790,0o0

3.0
6,9
10.2

47.0

39,094,000

7.1

42.9

5.5

5.9
9.8
7,o
.9
6.8
8.1
3.7
8.9

33

80
57

10.1
7.5

48
45
105
85

28 o663oo
104,749,000

37.6

2O4 449,50O

37.3

85,425,500
34,841,000
16,172,000
33,808,500
5,923,500
19,046,000
64,253,000
13,537,500
29,740,000
42.152.000

26.4
32.3
27.0
36.1
17.1
31.6
35.4
33.4
31.8
24,4

TAX ISSUES

TD-1920
TM4-1920
TM-1921

TJ-1921
TM2-1921
TU3-1921

TS-1921

Jan.

2,1920
2,1920
Feb.
Mar, 15,1920
Jane 15,1920
July 15,1920

Sept. 15,2920
Sept. 15,1920

TM4-1921

Oct.

TJ2-1921

Dec.
Dec.

TD-1921

15,1920
15,1920
15,1920

TOTAL TAX SERIES

TOTAL LOAN AND TAX ISSUES




A3
../

5t

201
127
132
265
108

5.?:

57

5t
5-

289
171
84

4--- --

42-

6

/
0
6

300

18,141,500
46,557,500
25.813,000
16,2o7,000
92,737,000
20,146,000
35,042,500
91,651,500

37.4
52.9

17,700,000
10,003.500
38
3,527,500
82
9,220,500
31
2,420.500
16
543,500
77 12,244,500
45
3,291,000
22
3,436,000
87 15,351,5oo

$526,263,500

45.0

07,738,50o

6.6

4345,099,000

29.5

4783,776,000

45.7

i116,832,500

6.8

4549,548,5oo

32.0

139, 099,000
40,868,500

37.9
30.2
49,7
74.6
26.9
51.1
49.7

6o
33

9,3

87
63
63

loi

49

36
102
82
49

100

FORWARD

0
DISTRIBUTION BY ISSUES OF CERTIFICATES OF INDEBTEDNESS SOLD DURING 1 2
SECOND FEDERAL RESERVE DISTRICT
(Continued)

Dated

Issue
BOND ISSUES
Series 1920

April
April

E..1920

F-1920

Rate

Number

15,1920

April 15,1920

H-1920

May
17,1920
TOTAL SERIES 1920

B-1521
0-1921

D-1921

June

July
Aug.

Of Sale

6 1,1920

5

1

4

7

256(5):30(,,g:

5

105,50o.

41

662,000.

15,1920
15,1920
16,1920

100,000.
87,000.

.1

Nov. 15,1920
TOTAL SERIES 1321

Number

.2

Series 1921
.

Amount

4t

G-1920

A-1921

INDIVIDUALS-INCLUDING FOREIGN
AND PRIVATE BANKERS.

BANKS

SAVINGS'

51

5i
6
5*

1

3

18
12

of sale

Number

Amount
Amount

426,481,000.
108,000.
10,612,000.

25.3

242

.3

137

4104,682,000.
13,039,500.

1143

1,181.500.
38,584,500.

1.7

304
270

14.3

94,127,500.
17.239.000,

.2

19
22

1,451,000.
661,000.

1.2

1,512,000. 2.6

146

1,577,000.
567,500.

2.7
.7

241,000.

.2

1

1.229.000. lti

33
12

54

38

47

47,269,088,000.

81,370,500.
55,808,500.
190
656
57,704,500.
81.515.50o.
390
v278,399,000.
v547,487,000.
191

0,928,000.

1.1

4,4,256,500.

1.5

43,59o,o00.

TOTAL LOAN ISSUES

TOTALS

.7

442,841,000,

7.8

2,205,500.

.7

49

20
35
115

79,759,000.
21,959,50o.
22,001,000.
3,031,000.

24.6

.1

TAX ISSUES

TD-1920

Jan.

2,1920

TM4-].920

Feb.

2,1920

114-1921

Mar.
June
July

kJ-1921
TM2-1921
Tm3-1921
T6-1921
Tm4-1_921

T J2-1921
TD-1921

A
,y
4-

15,19204i

3

4

.2

1,012,000. 1.1

20.4
36.7

407
246

324,189,000.
107,712,500.

272

59,982,000.

40
12

18o,000.
24,387,000,

15

.7
.8
.6

133

11,011,000.

lal
616

181,170,500.

5-

6

266,0oo.

40.5
6.1

93,629,500.
34,583,000.
60,211,500.

.7

82

3,326,000.

8.2

386

51

1

10,0004
1,214,500.

,0
.7

13
54

27.1

169

46,329,000.

.5

25,387,500.
22,721,500.
,)213,763,500.

9,919,000.

.6

$256,604,500.

14,9

6-

15

5-i-

4

Sept. 151920

51

Sept. 15,1920
Oct.
15,1920
Dec. 15,1920
Dec. 15,1920

6

6

TOTAL LOAN AND TAX ISSUES




60,000.
140,000.

246,000.
50,000.
1,125,000.

15,1920
15,1920

TOTAL TAX ISSUES

Page 10

lo

1

14

3.2

.5

13.3.

18.3

578
212

555

40,566,500.

93,616,000.

173,291,000.
41,169,193,50o.

1,716,680,500.

0
DISTRIBUTION BY ISSUES OF CERTIFICATES OF INDEBTEDNESS SOLD DURING

lin

SECOND FEDERAL RESERVE DISTRICT
(Continued)

SAVINGS;

Dated

Issue
BOND ISSUES
Series 1920

Rate

Number

1,1920
April
April 15,1920
April 15,1920

44

6

5

1

may

E.1920
F-1920
G-1920
H-1920

51

7

51-

5

17,1920

TOTAL SERIES 1920
Series 1921
A-1921
June 15,1920
July 15,1920
B-1921
Aug.
16,1920
0-1921
D-1921
Nov. 15,1920
TOTAL SERIES 1921
.

INDIVIDUALS-INCLUDING FOREIGN
AND PRIVATE BANKERS.

BANKS

Amount

Of Sale

5f
6

54

1

3
18
12

.3
,3_

662,000.

54

241,000.
50,000.
265,500.
1o5.5oo.

.2

.1
100,000.
.2
87,000.
1,512,000. 2.6

1,229,000.
v2,928,000. 1.1

Amount
Amount

25.3

242

.3

137

54

304

38

1,181.500.

11.3

1.7
14.3

270

1,451,000.
661,000.
1,577,000.
567,500.
4,256,500.

1.8
1.2
2.7

191
190
656
390

1.5

478,399,00o.

442,841,000.

7.8

v547,487,000.

79,759,000.

24.6
20.4

407
246

324,189,000.
107,712,500.

36.7

272

59,982,000.

33
12

438,584,500.
19
22
146
47

03,59o,000.

.7

lo

2,205,500.

3

60, 000.

.7
.1
.2

49
20
35

1,012,000. 1.1

115

246,000.
50,000.
1,125,000,
266,000.
10,00o.
1,214,500.

.7

40
12
133
82

,o

13

.7

54

TOTAL LOAN ISSUES

Number

026,481,000.
108,000,
10,612,000.

.2

.2

Of Sale

Number

TOTALS

.7

4104,682,000.
33,039.500.
94,127,500.

17.239.000,.
;1269,o88t000.

81,370,500.

55,808,500.
57,704,500.
81.515.5oo.

TAX ISSUES
TD-1920
TM4-1920

Jan.
Feb.

14.-1921

Mar.

1J-1921

TM2-1921
TM3-1921
T6-1921
TM4-1921

TJ2-1921

TD-1921

June

2,1920

40-

2,1920
15,1920

1
47

15,1920
July 15,1920
Sept. 15,1920
Sept. 15,1920
Oct.
15,1920
Dec. 15,1920

Dec.

15,I920

47i
6'

54

54

4
1

6

15

54
54

6

6

TOTAL TAX ISSUES

TOTAL LOAN AND TAX ISSUES


Page 10


4

15

14

140,000.

.7
.8
.6

21,959,500.
22,001,000.
3,031,000.
180,000.
24,387,000.
11,011,0000
3,326,000.
25,387,500.
22,721,500.

40.5
6.1
8.2
27.1
13.1

3.2
.5

578
212
22E
616

93,629,500.

34,583,000,
60,211,5oo.

-386

181,170,500.
40,566,500.

169
555

173,291,000.

93,616,000.

.41/406,329,000.

.5

,)213,763,5o0.

18.3

1,169,193,500.

.;9,919,000.

.6

$256,604,500.

14.9

31,716,68o,5oo.

ALLOTMENTS OF BONDISSUtS
DISTRIBUTION OF CERTIFICATES -OF INDEBTE1YNE53'(=

First Liberty Loan

LOAN,

868,205,000,

Second Liberty Loan

2,320,493,000.

Third Liberty Loan

3,012,085,500.

Fburth Liberty Loan

4,659,820,000.

Victory Liberty Loan

6,157,54'2,500.

Tbtal

$17,018,153,000.

SECOND FEDERAL RESERVE DISTRICT.

New York City

Brooklyn

Ntw York State

11.92._22.E.9.2Y

Connecticut

4

Total
4

460,462,000.

11,053,000.

$ 10,681,000.

21,774,000.

28,512,000.

16,040,000.

604,000.

1,467,543,000.

1,077,868,000.

37,253,500.

84,675,000.

51,331,00o.

4,18°,5o0,

1,255,308,000.

Fburth Liberty Loan

1,339,869,500.

46,320,000.

185,390,500.

100,142,000.

9,267,000,

1,680,989,000.

Victory Liberty Loan

1,735,862,000.

70,790,000.

291,117.000.

119,696,500.

15,459,500.

2,25,145 000.

'45,986, 416,500.

* 182,086,500.

602,967,500.

$317,890,500.

4 30,086,000.

47,119,447,000.

432,204,000.

5,949,000,

Second Liberty Loan

1,400,613,000,

Third Liberty Loan

First Liberty Loan

Totals

$

$

575,000.

,......

Percentage of Second Federal Reserve District to the entire country


Page U.


.

...41.8 per cent.

U. S. TREASURY CERTIFICATES OF INDEBTEDNESS
BOND ISSUES

TOTAL
DATE

RATE

SERIES

OF ISSUE

OF 7.

April 25,1917

A.

B.
C.

3

may

3

May

June

D.
FIRST LOAN TOTAL

E.

0.
H.

I.
J.
N.

Sept. 26,1917 Dec. 15,1917
Oct.
Oct.

18,1917
24,1917

Nov. 22,1917
Dec. 15,1917

4
4

Jan.

22,1918

Apr. 12,1918

Feb.

8.,1918

St Feb.

4T Mar.

T.

43.
40.
4D.
4E.

4F.
4G.
FolIPTH LOAN TOTAL

Page 12




June 30,1917
July 17,1917
July 30,1917
July 30,1917

4
4
4

Q.

THIRD LOAN TOTAL
4A.

MATURITY

9,1917 Nov. 15,1917
28,1917 Nov. 30,1917
3- Sept. 17,1917 Dec. 15,1917

P.

6.

OF

3-k Aug.
3-k Aug.

SECOND LOAN TOTAL
M.

10,1917
25,1917
8,1917

DATE

41 Apr.
41 Apr.

May
May

9,1918
28,1918

27,1918
20,1918 June 18,1918
30,1918 July 9,1918
22,1918 July 18,1918

41 June 25,1918 Oct. 24,1918

41 July

9,1918
4-T July 23,1918
41 Aug.
6,1918
41 Sept. 3,1.918

7,1918
Nov. 21,1918
Dec. 5,1918
Jan. 2,1919
Nov.

41 Sept. 17,1918 Jan. 16,1919
41 Oct.
1,1918 Jan. 30,1919

TOTAL

SUBSCRIPTIONS
ENTIRE COUNTRY

SUBSCRIPTIONS
SECOND DISTRICT

268,205,000,
200,000,000.
200,000,000.

136,150,000.
98,512,000.
175,231,000.
116non,nnn.
525., 891000.
211,054,000.

2n(\nnnrana.
868.205,000.
300,000,000.
250,000,000.
300,000,000.
400,000,000.
385,197,000.
685.296,000.
2,120,4934000.
400,000,000.
500,000,000.
500,000,000.
543,032,500.
551,226,500.
517,826.500.
3)012,085 500.
839,646,000.
753,938,000.
584,750.500.
575,106,500.
639,493,500.
625,216,500.
641,069.000.
4,659,820.000.

204,347,000.
212,1011,000.

179,475,000.
543.681.000.
1,519.496,000.
230,017,000.
241,322,000.
193,700,500.
215,448,000.
222,486,000.

1,300,680,00.

312,844,500.
207,287,000.
210,068,500.
216,264,500.
242,591.000.
1.680.989.000.

PERCENTAGE OF
SUBSCRIPTIONS

OF SFOND DISTRICT
TO ENTIRE COUNTRY

.5076
.4925
.8/61
588o

.7035
.7553

.6811
.5302
.4659
.7933

TOTAL SALES.
ASSOCIATED BANKS
R3'i7.Y0RK 'CITY

87,735,000.
77,983,000.
91,543,000.

R1 722,nop
118:983,00o.
149,151,000.
115,067,000.
175,193,000.
186,608,000.
149,533,000.
510,403,000.

1105,955,000.

.3954

192,398,000.
218,959,000.
123,820,000.
158,217,500.
175,281,000.

.3725
.3624
.3620
.3600
.3285
.3459

1,067,161.000.
239,419,500.
218,115,500.
165,236,500.
162,027,500.
156,484,000,
165,184,500.
197,508,500.

.5750
.4826
.3567
.3908
.4296

.3893

198,487 5PQ.,

13.1114.2.7.1..000:.

U. S. TREASURY CERTIFICATES OF INDEBTEDNESS
BOND ISSUES;
(CONTINUED)

PERCENTAGE OF
TOTAL SALES,
SUBSCRIPTIONS
OF SECOND DISTRICT ASSOCIATED BANKS
NEW YORK CITY
TO ,ENTIRE COUNTRY

TOTAL
SUBSCRIPTIONS
ENTIRE'COUNTRY

TOTAL
SUBSCRIPTIONS
SECOND DISTRICT

SECOND LOAN TOTAL

86.8,205,000.
2,3204493,00o.

525,893,000.
1,539,496,000.

1,105,955,000,

THIRD LOAN TOTAL

1,012,085,500.

1,300,688,500.

1,067,163,000.

FOURTH LOAN TOTAL

4,659,820,000.

1,680,989,000.

1,303,976,000.,

May .6,1919
may 20,1919

613,438,000.
572,494,000.

June 3,1919
June17,1919
July 1,1919
July15,1919
July29,1919

751,684,500.
600,101,500.
687,381,500.
620,578,500.
532,341,500.
542,197,000.
646,025,000.
5°1 108 000.

222,830,00o.
199,117,000.
300,977,500.

SERIES

RATE
OF

DATE
OF ISSUE

DATE OF
MATURITY

FIRST LOAN TOTAL

5A,

5B,

Sc.

2

5D.

5E.
5F.
50.

Dec. 5,1918
Dee.19,1918
Jan. 2,1919
Jan.

41-

16,1919

Jan,30,1919
Feb.13,1919

4i

5H.

5J.

414.4

5K.

4.

Feb.27,1919
Mar.13,1919
Apr.10,1919
May 1,1919

Aug.12,1919

Sept.9,1919
Oct. 7,1919
6

FIFTY LOAN TOTAL

203,609,500.

265,844,500.
217,497,500.
174,501,500.
183,111,500.

275,355,000.
212,301.000.

00.

x

.

172,478,000.
157,263,000.
235,738,0m.
147,441,500.

206,413,500.
161,006,5u),
123,614,500.

127,780, u.
218,712,000.
151,196,500.

Is7atI43L5-91.

57,102,211,500.

Z,719,920500.

Subscriptions for the first three loans were

more than the allotments, which accounts for
the difference on Page 11.


Page 13


,3632
.3478
.4004
.3392
.3867
.1504
.3277
.3377
.4262
.3590

2,255,145,000.

*

TOTAL ALL LOANS

338,983,000.

TAX CERTIFICATES OF INDEBTEDNESS
PERCENTAGE
0, E

TOTAL
TAX

RATE

DATE

SERIES

OF %

OF ISSUE

DATE OF
MATURITY

K

Nov. 30,1917

June 25,1918

L

Jan.

2,1918
15,1918
15,1918
15,1918
15,1918
20,1918
7,1918
16,1919
15,1919
3,1919
3,1919
1,1919
1,1919

June 25,1918
June 25,1918
June 25,1918
June 25,1918
June 25,1918
July 15,1919
Mar, 15,1919
June 17,1919
June 16,1919
Sept.15,1919
Dec. 15,1919
Sept.15,1919
Dec. 15.1919

Mar. 15,1920
Mar. 15,1920
3ept.15,1920

V

4
4
4
4

TA

4

Feb.
Mar.
Apr.
May
Aug.

TB
T2

4i

Nov.

4i.

T3

41-

Jan.
Mar.

T4
T5
T6
T7

44-

T8
T9
T10

sk

July 15,1919

43-

TM3

44.

Sept.15,1919
Gept.15,1919
Dec.
1,1919
Dec. 15,1919
2,1920
Jan.
2,1920
Feb.

0

R
U

TJ-1920
TD-192Q
TM4-1920
TM -1921

4

44- i

,
/
4T

41
4'

4t

TJ -1921

6

TM2-1921

51
54

TM3-1921

TS4.1921
TM4-1921

TJ2-1921
TD-1921

Page 14




6

51

5f
6

June
June
July
July

Mar. 15,1920
June 15,1920
July 15,1920
3ept.15,1920
Sept.15,1920
Oct. 15,1920
Dec. 15,1920
Dec, 15,1920

Mar. 15,1920
June 15,1920
Dec. 15,1920
Mar. 15,1920

Mar. 15,1921
June 15,1921
Mar. 15,1921

Mar. 15,1921

Sept.151921

Mar, 15,1921
June 15,1921
Dec. 15,1921

TOTAL

SUBSCRIPTIONS
ENTIRE COUNTRY

SUBSCRIPTIONS
SECOND DISTRICT

4 691,872,000.
491,822,500.
74,100,000.
110,962,000.
71,880,0000
183,767,000.
157,552,500.
794,172,500.
392,381,000.
407,918,500,
526,138.000.
238,711,500.

326,468,000.

511,444,om

323,074,500.

101,131,500.
657,469,000.
260,322,000.
728,130,000.
703,026,000.
304,877,000.

201,370,500.
242,517,000.
74,278,000.
/06,601,500.
341,994,500.
124,252,500.
188,123,000.
401,557,500.

$

ENTIRE COUNTRY

494,070,500.
239,954,000.
14,007,500.
10,252,500.
12,000,500.
61,188,000.
44,766,000.
3156C5):86:72:5000T:

227,964,000.

.1890
:(176241
24083415

"4220
.5588
.

212,337,000.
78,557,500.

63
.3429594019

129,254,000.
242,504,000.
116450500,
116,450,500,
25,582,500.
412,319,000.
90,410,000.

m
281,882,5.
324,189,000.
107,732,500.
59,982,000,
93,629,500.

34,583,000,
60,233,500.

.3604
.2529
.6271

E
.3533

.2978
,3
04M

.5650

181,370,500.

40,566,500,
273,(2%,(0)2,

OF

SUBSCRIPTIONS OF
SECOND DISTRICT TO

lig

CERTIFICATES

OF

INDEBTEDNESS.

SERIES - 1 1 2 0 & 1 9 2 1
PERCENTAGE OF
TOTAL

RATE

SERIES

A-1920
B-1920
0-1920
D-1920

44
44
4-1

4

F-1920
G-1920

51

A-19210

5t5-t

C-1921
D-1921

6

51

SUBSCRIPTIONS
ENTIRE COUNTRY

DATE OF

OF /PE

MATURITY

1,1919
Aug, 15,1919

Jan. 2,1920
Jan. 15,1920

Aug.

Sept. 2,1919

Feb.

2,1!120

1,1919
1,1920

Feb. 16,1920
July 1,1920
July 154920
Oct. 15,1920

17,1920
June 15,1920
July 15,1920
Aug. 16,1920
Nov. 15,1920

Nov. 15,1920
Jan. 3,1921
Jan. 15,1921
Aug. 16,1921
May 16,1921

Dec.
Apr.

Apr. 15,1920
Apr. 154920
May

A-1921'
B-1921




DATE

$

TOTAL

SUBSCRIPTIONS
SECOND DISTRICT

533,801,500.
532,152,000.
573,841,500.
162,178,500.
200,669,500.
83,903,000.
170,633,500.
102,863,000.
176,604,000.
126,783,50o.
157,654,500,
232,124,000.

$

192,326,000.
201,904,500.
252,679,000.
43,165,000.
104,682,000.
33,039,50o.
94,127,500.
37,239,00o.
81,370,500.
55,808,500.
57,704,500.
83,515,500

SUBSCRIPTIONS OF
SECOND DISTRICT TO
ENTIRE COUNTRY

.3602
.1794
.4403
.2662
.5216
.3937
.5516
.3620
,4607
.4401
.3660
.3597

SUBSCRIPTIONS AND PAYMENTS TO CERTIFICATES OF INDEBTEDNESS

ISSUED DURING THE YEARS OF 1919 AND 1920

No. of days

C/I

5-c
5-D

5-E

5-F
5-G
5-H

5-J
5-X

T-C or

Date of
Issue

1/ 2/19

1/16/19
1/30/19
2/13/19
2/27/19
3/13/19
4/10/19

5/ 1/19
1/16/19
3/15/19

Maturity
6/. 3/19
6/17/19

7/ 1/19
7/15/19
7/29/19
8/12/19

9/ 9/19
10/7 /19

6/17/19
6/16/19
T-4
6/ 3/19
9/15/19
T...5
6/ 3/19 12/15/19
T.-6
7/ 1/19
9/15/19
T-7
7/ 1/19 12/15/19
T-8
7/15/19
3/15/20
T-9
9/15/19
3/15/20
T-10
9/15/19
9/15/20
TM-3
12/ 1/19
3/15/20
TJ-1920 12/15/19
6/15/20
TD-1920' 1/ 2/20 12/15/20
TM4-1920 2/ 2/20
3/15/20
TM-1921 3/15/20
3/15/21
TJ-1921 6/15/20
6/15/21
TM2-1921 7/15/20
3/15/21
Th13-1921 9/15/20
3/15/21
T3-1921 9/15/20
9/15/21
T144-1921 10/15/20
3/15/21
T72-1921 12/15/20 6/15/21
TD-1921 12/15/20 12/15/21
T-2
T-1




Page 16

Rate

4
4

44
44
41
2

sl
44
441

4
4
lt
2

4
4
44
4
4+
41.4

i
4T

4
41

4-4-

6
5-g-

5i
6

5t
6

Total Sale
Entire Country

Sale in

Second District

Paid for
by credit

4751,684,00o.
600,101,000.
687,381,a00.
620,578,000.
532,341, 000.
542,197,000.
646,025,000.
591,108,000.

203,609,000.
265,844,000.
217,497,000.
174,501,000.
1832111,000.
275,355,000.
212,301,000.

$291,503,000.
193,809,000.
255,993,000.
210,759,000.
169,456,000.
152,836,000.
264,216,000.
196,104,000,

392,381,000.
407,918,00o.
526,138,000.
238,711,000.
326,468,000.
511,444,000.
323,074,000.
101431,000.
657,469,000.
260,322,000.
728,130,000.
703,026,000.
304,877,000.
201,370,500.
242,517,000.
74,278,000.
106,601,500.
341,994,500.
124,252,500.
188,123,000.
401,557,500.

165,622,000.
227,964,000.
212,337,000.
78,557,000.
129,254,000.
242,504,000.
116,450,000.
25,582,000.
412,319,000.
90,410,000.
281,882,500.
324,189,000.
107,732,500.
59,982,000.
93,629,500.
34,583,000.
60,231,500181,370,500.
40,566,500
93,616,000.
173,291,000.

88,110,000.
55,083,000.
99,780,000.
56,612,000.
71,890,000.
153,094,000.
97,802,000.
22,839,000.
385,350,000.
75,440,000.
180,687,000.
230,486,511.
86,354,027.
33,001,091.
80,678,600.
33,194,771.
36,027,500.
164,305,500.
36,670,000.
67,277,000.
145,565,500.

before final

withdrawal of
deposits
26 $300,977,000.

30
33
39
48
55
44
40

54
54
45
43

16

30
31
85
85
32
31
42

50
22

30
47
43
43

32

34
34

If paid for

by book credit
and held

to maturity
Yield
4.75
4.81
4.90
5.01
5.22
5.16
5.03
4.88

4.90
6.15
5.66
4.97
5.06
4.82
4,82

5.18

4.92
5.16
4.95
5.00
7.83
4.87
6.21
6.45
6.52
6.37
6.45
6.21
6.23

SUBSCRIPTIONS AND PAYMENTS TO CERTIFICATE3OF INDEBTEDNESS
(Continued)

If paid for

No, of days
Date of
C/I

A.1920
3-1920
C-1920
D-1920
E-1920

F-1920
0-1920
B-1920
A-1921
B=1921

0-1921
D-1921

Issue

8/ 1/19

8/15/19

9/ 2/19
12/ 1/19
4/ 1/20
4/15/20
4/15/20
5/17/20
6/15/20
7/15/20
8/16/20
11/15/20


Page 17


Maturity

Rate

I/ 2/20

4
4

1/15/20

2/ 2/20

2/16/20

7/ 1/20

7/15/20
10/15/20
11/15/20

1/ 3/21

05/21

8/16/21
5/16/21

41-

'2

4I
4
4-1-

5

5i

51
52-

4
6
5i

Total Sale
Entire Country
$533,801,000.
582,152,000.
$73,84a,000.
162,178,50o.
200,669,500.
83,903,000.
170,633,500.
102,863,000.
176,604,000.
126,783,500.
157,654,500.
232,124,000.

Sale in

Second District
$192,326,000.
201,904,000.
252,679,000.
43,165,000.
104,682,000.
33,039,500.
94,127,500.
37,239,000.

55,808,50o,
57,704,500.
83,515,500.

Paid for
by credit
$166,888,000.
193,100,000.

42,207,000.
76,973,648.
12,271,277.
82,053,756.
34,291,000.
61,003,247/
55,036,144.
52,178,50o.
80,647,500.

before

final

withdrawal of

deposits
41

36
36
32
21
47
47
32

30
47
43

31

by book credil
and held

to maturity
Yield

4,98
5.08
4.87
5.68
5.33
6.47
5.88
6.16
6.13
6.25
6.29
6.06

THF FIVE Lima7 LOANS
AMOUNT ULM,
FOR ERR, , DUNTRY 4.. SECOND FEDERAL RESERVE DISTRICT

sEqpno r. 7. gSZRICT

ELTI1F COUNTRY

First

t 1,939,455,550.

$

593,987,000.

Sncond

3007,865,000.

1,152 252,100.

Third

4,175 650,050.

1,115,243,550.

Fourth

5,964,581,100.

24044,901,750.

Fifth

....48.1250194402A-

14.140(1$1.150.

Tqta1e

$21,432,955,300.

#6,234,425,650.

..e2=IM°22rWIMII=.

r..1111111111NIMMO11111111111111:31armare

JI:IJ276.2LIZeic

First Loan

June

Second Loan

November 15, 1917

Third Loan

May

lb

15, 1917

9

1918

luaumluz,ILDL

UM

June

15, 1947

3V

November

15, 1942

4%

September 15, 1928

4i1.

F urth Loan

October

24, 1918

October

15, 1938

4%

Fifth Loan

May

10, 1919

May

20, 1922

at% a 4i%

Page 18



Federal Reserve District #2

.Entire country.

First Loan

4,500,000

Approximate

985,150

Second Loan

9,400,000

Approximate

?,182,017

Number

18,306,325

3,043,123

Fourth Loan

22,777,680

1,604,101

Filth Loan

11,603.895

2,484,532

Third Loan

of

Subscribers

Number of Cities In Which Custodians Were Located

Number of Banks Rualified

First Loan

306

49

Second Loan

533

50

Third Loan

801

37

Fourth Loan

867

36

Fifth Loan

889

35

First Bank to Make I42.plication for Bonds
First Loan

Mutual Bank of New York City

Second Loan

State Bank of New York City

Third Loan

Carlstadt

Fourth Loan

First National Bank of Brooklyn, N. Y.

Fiftil Loan

New York State National Bank of Albany, N. Y.


Page 19


National Bank of Carlstadt, N. J.

GOVERNMENT FUNDS

DEPOSITU- WITHDRAWALS - BALANCES

Weekly close of business Friday.
FROM JUNE ./2., 1917 - TO DECEMBER 31, 1917

Depodlted

Withdrawn

Balance
On Deposit

-o-

4300,00o,00o.

258,000,000.
212,000,000,
227,000,000.
216,000,000,
215,000,000.
270,000,000.
272,000,000.
161,000,000,
178,000,000.
1 78,000,000.
178,000,000.
319,000,000.
272,000,000.
258,000,000,
192,000,000.
255,000,000.
509,000,000.
695,000,000.
658,000,000.
1,251,000,000.
995,000,000.
1,306,000,000.
1,058,000,000.
8o6,000,000.
460,000,000.
350,000,000.

Amount

Date
Week Ending.

Mount

June

29

;,30o,op0,000.

July

6

6,000,000,
7,000,000.
36,000,000.
2,000,000.

48,000,000.
52,000,000.
21,000,000.
11,000,000.

116,000,000.
2,000,000.

61,000,000.

13

20
27

August

3

10
17
24

6ept.

31
11

21

October
November

28
5
12
19
26
2

9

16
23

30
December

7

14
21

26

Page 2J




-o-

-0-

122,000,000.
25,000,000.
-0196,000,000.
107,000,000.
87,000,000.

-0-

158,000,000.
150,000,000.
294,000,000.
-o691,000,000.
341,000,000.
536,000,000.
104,000,000.
59,000,000.
221,000,000,

-0-

-o.

-o.

110,000,000.
105,000,000.
25,000,000.
-055,000,000,
153,000,000.
101,000,000.
66,000,000.
950000,000.

96,000,000.
108,000,000.
37,o00,0oo.
98,000,000.
597,000,000.
226,000,000,
352,000,000.
310,000,000.
567,000,000.
110,000,000.

GOVERNMENT FUNDS

Deposits - Withdrawals - Balances

Weekly Close of Basiness Friday
Fi.om January 1,

Date
Week EndinA

Amount

Deposited

4

0 69,0o0t000.

11
18
25

January

February

1

8

15
22

March

1

8

15
22
29

April

5

12

19
26

day

3

10
17
24
31

Page 23.



1918 - to December 11, 1918
Amount

Withdrawn

Balance
On Deposit
4266,000,00o.
156,000,000.

159,000,000.

4127,000,000.
110,000,000.
81,000,000.
38,000,000.

177,000,000,
43,000,000.
10b,000,000.
105,000,000.

89,000,000.
46,000,000.
49,000,000.
10,000,000.

372,000,000.
369,000,000.
426,000,000.
521,000,000.

116,000,000.
41,000,000.
1,000,000.
187,000,000.
70,000,000.

110,000,000.
48,000,000.
216,000,000.
70,000,000.
125,000,000.

527,000,000.
520,000,000.
305,000,000.
422,000,000.
367,000,000.

3,000,000.
251,000,000.
4,000,000.
278,000,000.

88,000,000.
80,000,000.
88,000,000.
219,000,000.

282,000,000.
453,000,000.
36,,000,000.
428,000,000.

32,000,000.
168,000,000.
316,000,000.
11,000,000.
96,000,000.

95,000,000.
79,000,000.
45,000,000.
196,000,000.
178,000,000.

165,000,000.
454,000,000.
725,000,00o.
540,000,000.

- 0-.

88,000,000.

163,000,000.
284,000,00o.

458,000,000.

0
-2.
Date

AMount

Week Ending,

June

7

14
21

28

July

5
12

19
26

August

2

9

16
23

30

September 6
13

20
27

October

4
11

18
25

November




1
8

15
22
29

Deposited

Amount

Withdrawn

Balance
On Deposit

4 64,000,000.
91,000,000.
290,000,000.
354,000,000.

$147,000,000.
37,000,000.
309,000,000.
143,000,000.

$375.000,000.
429,000,00o.
410,000,000.
621,000,000.

144000,000.
254,000,000.
106,000,000.
356,000,000.

166,000,000.
250,000,000,
222,000,000.
171,000,000.

469,000,000.
473,000,000.
357,000,000.
542,000,000.

54,000,000.
238,000,00o.
36,000,000.
43,000,00o.
19,000,000.

85,000,000.
81,000,000.
152,000,000.
188,000,000.
139,000,000.

511,000,000.
668,000,000.
552,000,000.
407,000,000.
287,000,000.

238,000,000.
30,000,000.
209,000,000.
7,000,000.

206,000,000.
104,000,000.
102,000,000.
123,000,000.

319,000,000.
245,000,000.
352,000,000.
236,000,00o.

291,000,000.
31,000,000.
56,000,000.
79,000,000.

102,000,000.

4250000m.

124,000,000.
45,000,000.

338,000,000.
270,000,00o.
304,00000o.

467,000,000.
171,000,00o.
63,000,000.
97,000,00o.
155,000,000.

183,000,000.
231,000,000.
1420000,000.
246,000,000.
170,000,000.

1/8,000,000.

588000,000.
526,000000.
447,000,000.
298,000,000.
283,000,000.

3

Date

Amount

Week Ealinz

Deposited

Deceffber 6A
11
TOTAL

.

Balance


Page 23


r
0

6

.

1411Pce

On Deposit

$167,000,000.
100,000,000.
140,000,000.
132,000,000.

297,000,000.
228,000,000.
284,000,000.
243,000,000.
_138 000 000._

181,000,000.
31,000,000.
196,000,000.
91,000,000.
2 000,poo.

_ 10740P0.1_90.04.

46,615,o0o,0oo.

16,821,000,000.

4

13
20
27

Amount

Withdrawn

U38,000,000

0
GOVERNMENT FUNDS

Daposits - Withdrawals!.. Balances

Weakly closd of business Friday

Ftom January 1, 1919 - to December 3,
Date
Week Ending

January

3

10
17
24
31

Fbbruary

7

14
21
28
March

7

14
21

28

April

4
11
18
25

Mount
Withdrawn

Balance
On Deposit

$ 219,000,000.
68,000,000.
295,000,000.
.72,000,000.
293,000,000.

$ 67,000,000.
67,000,000,
202,000,000.
175,000,000.
153,000,000.

t290,000,000.
291,000,000.
384,000,000.
281,000,000.
421,000,000.

54,000,000.
196,000,000,
25,000,000.
174,000,000.

122,000,000.
152,000,000.
99,000,000.
100,000,000,

353,000,000.
397,000,000.
323,000,000.
397,000,000.

4,000,000.
146,000,000.
62,000,000.

91,000,000,
65,000,00o.
76,000,000.
51,000,000.

310,000,000.
391,000,000.
377,000,000.
326,000000.

329,000,000.
11,000,000.
41,000,000,

83,000,000.
101,000,000.
87,000,000.
88,000,000.

243,000000.
471,000000.
395,000,000.
348,000,000.

1,4,000,000.
31,000,000.
31,000,000.
82,000,000.
6,000,000.

81,000,000.
180,000,000.
94,000,000.
73,000,000.

461,000,0o0.
312,000,000.
249,000,000.
258,000,000.
205,000,000.

Amount

Deposited

-0-

-0 -

*.

May

2

9

16
23

30

Page 24



59,000000.

0
2-

Date
Week Ending

2Amount

Deposited

;

Abount
Withdrawn

Balanse
On Deposit

$ 80,000,000.

5,000,00o.

20
27

July

437,000,000.

13

June

50,0001000.

88,000,000.
16,000,00n,
44,000,000.

;562,000,000.
479,000,000.
441,000,000.
449,000,000.

186,000,000.
28,000,000.
132,000,000.
9,000,000,

328,000,000.
71,000,000.
207,000,000.
26,000,000.

307,000,000.
264,000,000.
189,000,Q00.
170.000,000

178,000,000.
3,000,000.
216,000,000.
3,000,000.

58,000,00o.
15,000,000.
110,000,000.
77,000,000.
13,000,000.

290,000,000.
277,000,000.
383,000,000.
309,000,000.
276,000,000.

112,000,000.
22,000,000.
408,000,000.

56,000,000.
116,000,000.
169,000,000.
45,000,000.

152,000,000.
258,000,000.
497,000,000.
452,000,000,

39,000,000.
25,000,000.
91,000,000.
30,000,000.
57,000,000.

413,000,000.
407,000,000.

116000,000.

17,000,000.
49,000,000.
43,000,000.
32,000,000.

212,000,000.
175,000,000.
132,000,00n.
100,000,000.

6

-G-

4

11

18
25

August
8

15
22
29

September

5

12
19
26

October

0-

.

0-

3

lo
17

24
31
ft,




November

7

14
21
28

0-

12,000,000.

-0--00--

286,000,000.
229,000,000.

-3Date
Week Ending
December

5
12

19
26
31

TOTAL
Balance

419




Amount

Amount

aus it ed
4117,000,000.

-o-

181,000,000,

-

-

Withdrawn

4 23,000,000.
65,000,000.

-o

41,000,000.

-9-

44, 471,000,000.

Balance
On Deposit

4194,000,000.
129, 000,000.
310,000,000.
269,000,000.
260,000,000.

44,348,000,000.

4260000,000.

a0VERN1ENT FUND'S

Deposits - Withdrawals - Balances

Weekly close of business Friday
From January 1, ,1920 - to December 11, 1920/
Date
Week Ending

January

2
9

16
21

30

February

March

6
13
20
27
5
12

19

April

q
9

16
23

30
May

7

14
21
28

June


Page 27


4

11
18
25

Amount

Deposited

Amount

Withdrawn

4 172,000,000.
50,000,000.
130,000,000.

88,000,o00.
50,000,000.
7,000,000.
45,000,000.

86,0040,000.

147,000,000.
29,000,000.
46,000,000.
10,000,000.

-0o-

18,00moo.

- o-

-0-0-o-0-

-

31,000,000.
1 000,000.
75,000,000.
2,000,000.
111,000,000.
2,000,000.

-

-

0
o

0

-

-

14,000,000.

-

0

-

-0-0-0-

141,000,000.

-

0
0
0

.
-

28,000,000,
13,000,000.
12,000,000.
46,000,000.
30,000,000,
17,000,000

.

0

-

58,000,000.

6,om000,

26,000,000.

14,000,000.
- 0 27,000,000.

-00

Balance

On Dq.osit
351,000,000.
353,000.000.
210,000,000.
185,000,000.
167,000,000.
106,000,000.
77,000,000.
31.000,000.
21,000,000.
21,000,000.
21,000,000.
52,000,000.
25,000,000.
87,000,000.
77.000,000.
142,000,000.
114,000,000..
97,000,000.
97,000,000.
19,000,000,
67,000,000.
41,000,000.

27,000,000.
27,000,000..
27;000,000.
141,000,000.
141,000,000.

-2-

Deposited

July

9

16
23

30

August

6

13

20
27

-0-

82,000,000.
6,000,000,
-0-

$

2

Withdrawn

Balance
On Deposit

$ 84,000,000,
34,000,000.
23,000,000.
-017,000,000,

57,000,000,
23,000,000.
82,000,000.
88,000,000,
71,000,000.

-0-0'
51,000,000.
-0-

26,000,000.
4,000,000.
14,000,000.
13,000,000,

45,000,000.
41,000,000.
78,000,000.
65,000,000,

34,000,000.
16,000,000.

12,000,000,

31,000,000.
15,000,000.
215,000,000.
203,000,000.

23,000,000.
17,000,000.
70,000,000.
51,000,000.
45,000,000,

180,000,000,
163,000,000.
93,000,0m.
78,000,000.
33,000,000.

15,000,000.
9,000,000.
9,000,00o.
40,000,000,

18,000,000.
9,000,000.
80,000,000.
40,000,000.

32,000,000.

8,000,000.
8,000,000.
212,000,000.

Amount

Date
Week Ending*

-0-

September 3
10
17
24

October

1
8

22

200,000,000.

-0-

-036,000,0004

29
November

5

12
19

26
December

3

10
17

24
31

Page 28




_o_

-0 -

80,000,000.

.0-

-0-0212,000,000.

-0-0-

Amount

-0-

8,000,000.
12,000,000.
41,000,000.

1-80,000,000.

137,000,000.

a
GOVERNMENT FUNDS ON DEPOSIT WITH DEPOSITARIES IN THE SECOND DISTRICT

Close of Business Friday of Each Week
From January 2. 1919 to December 26, 1919

Victory

Certificates of

Loan Funds

Indebtedness Funds

(Inclusive)
Special
Deposits

Total

1919

January

10
17
24
31

February

15000.
-025,053,000.
1,133,000.
14,314,000.

7

224,000.

3

14
21
28

March

7

14
21

28

April

4

11

18
25




4

-0-0-

$ 290,585,000.
291,467,000.
359,429,000.
279.925,000.
407,049,000.

$290,600,000.
291,467,000.
384,482,000.

353,,t43.000.
397,230,000.

353, 667, 000.

281,08,000.
421,363,000.

-to-

397,470,000.

397,230,000.
323.237,000.
397,470,000.

-0-

-0-0-

310,557,000.
391,761,000.
377,271,000.
326,823,000.

310,557,000.
391,761,000.
377,271,000.
326,823,000.

-0-0-

243,703,000.
447,443,000.
395,280,000.
306,193,000.

-0.
-0.
41,660,000.

323,2370000.

24,000,000.

243,703,000.
471,443,000.
395,280,000.
347,853,000.

-2GOVERNMENT FUNDS ON DEPOSIT WITH DEPOSITARIES IN THE SECOND DISTRICT. (CONTINUED)

Victory
Loan Funds.

Certificates of

Indebtedness Funds

Special
Deposits

Total

1919

30

May

$ 49,146,000.
70,869,000.
102,187,000.
185,308,000.
189,826,000.

t 411,898,000.
241,722,000.
347,181,000.
73,476,000.
14,956,000.

$461,044,000.
312,591,000.
249,368,000.
258,784,000.
204,782,000,

6

40,311,000.

323,025,000.
287,136,000.
308,393,000.

153,579,000.
156,363,000.
156,393,000.
140,775,000.

562,890,000.
479,388,000.
443,529,000.
499,168,coo.

78,515,000.
32,659,000.
45,930,000.
48,114,000.

228,577,000.
232,041,000.
143,423,000.
122,099,000.

307,092,000.
264,700,000.
189,353,000.
170,213,000.

28,958,000.
13,107,000.
26,628,000,
26,690,000.
26,690,000.

260,791,000.
264,615,000.
356,676,000.
282,012,000.
249,567,000.

289,749,000.
277,722,000.
383,104,000.
308,702,000.
276,257,000.

26,690,000.
22,269,000.
22,264,000.
.22,264,000.

325,958,000.
235,522,000.
474,915,000.
430,341,000.

352,648,000.
257,791,000.
497,179,000
452,605,000.

2
9

16
23

June

13

20
27

July

4

11
18
25

August

1

8

15
22

29

September

5

12
19
26




Page 30

4 50,000,000.

3GOVERNMENT FUNDS ON DEPOSIT WITH DEPOSITARIES IN THE SECOND DISTRICT ,(CONTINUED)

Victory
Loan Funds

Certificates of

Indebtedness Funds

Special
Deposits

Total

1919

17
24
31

19,138, 000.
19,138, 000.
19,138, 000.

296,610, 000.

210, 212, 000.

229,350, 000.

7

19,138, 000.

191, 400, 000.

14

November

$ 5,636,000.
19,124,000.

008,154,000.

10

October

31,353,000.
31, 404, 000.
31, 404, 000.

143,905,000.
101,313,000.
69,066,000,

212,538,000.
175,258,000.
132,717,000.
100,470,000.

31,397,000.
12,114,000.
12,278,000.
11,000.

163, 448, 000.
117, 505, 000.
298, 141, 000.
269.248, 000.

3

21

28

December

5

12

19
26




387,712,000.
266,941,000.

$411, 784,000.
406, 816, 000.
115, 748, 000 .
286, 079, 000.

194,845,000.
129, 819, 000.
110, 619, 000.

269,259,000.

GOVERNMENT FUNDS ON DEPOSIT WITH DEPOSITARIES. IN THE SECOND DISTRICT

Close of BOinesa Friday of each week
FROM JANUARY 2, 1920 TO DECEMBER 31

.1220

(Inclusive

CERTIFICATES OF INDEBTEDNESS FUNDS
1920

,1V0
January

2

i 353,731,000.

July

2

353,838,000.
12

9

230,425,000,

16
23

185,669,000.

30

167,123,000.

6

20
27

106,628,000.
77,863,000.
31,136,000.
20,881,000.

5
12
19
26

20,725,000,
20,725,000.
52,372,000.
25,093,000.

2

23

87,496,000.
76,957,000.
142,489,000.
114,333,000.

30

97,172,000.

7
14

97,172,000.
38,873,000.
67,114,000.
40,845,000,

Navember

27,197,000,
27,164,000.
141,936,000,
141,711,000.

December

13

March

April

1Z

May

21

28

June

4

11

18
2)




August

82;770;000.
88,230;000.

30

23

February

4 57,434.,000.
22,-981,000.

71,470,-000.

6

45,642,000,
41,077;000.
78,263;000,
65,100,000.

13

20
27

September

1

10
17
24

October

1

8

11,154,000.
14,939,000.
215,270,000.
201,025,000.
180,521,000.
162,916,000.

93,235,000,
77,945,000.

29

33,011,000.

5
12
19

18,553,000.

9,278000,

26

80,647,000,
40,748,000,

1

8,0912000.

10

8046,000.
212,124,000.
180 872 000.
117:397:000,

GOVERNMENT DEPOSIT DEPARTMENT
Government

Funds On Deposit With Depositary Banks

Largest Amount Deposited - Liberty Loan
First Loan

Ally

3econd Loan

November

Third Loan

May,

Fourth Loan
Fifth Loan

Amount

5, 1917

4304,353,448.12

30,

1917

822,046,990.43

14,

1918

517,537,883.00

November

4, 1918

609,182,509.63

June

7, 1919

409,156,104.02

Largest Amount Deposited -

Certificates

of Indebtedness

Amount

First Loan

June

11, 1917

471,091,000.00

.-;econd Loan

February

21, 1918

433,958,000.00

Third Loan

April

11, 1918

370,500,000.00

Fourth Loan

July

10, 1918

496,100,000.00

Fifth Loan

September

17, 1919

518,036,000.00




GOVERNMENT :DEPOSIT DEPARTMENT

Largest Amount of Collateral in Vault to Secure Deposits
20, 1917

Amount

274,518,118.00

First Loan

July

Second Loan

December

Third Loan

May

21, 1918

and with
754,210,106.65 custodians)

Fourth. Loan

October

26, 1918

754,633,510.49

Fifth Loan

June

10, 1919

793,937,822.96

$

1,693,625,476.27 (In vault

1, 1917

Lar est Amount of Collateral with Custodians to Secure Deposits
,------

Amount

367,280,044.00

First Loan

July

Second Loan

December

Third Loan

June

18, 1918

and with
379,241,241,88 custodians)

Fourth Loan

October

26, 1918

309,849,331.41

Fifth Loan

May

20, 1919

152,334,966.77




Page 34

20, 1917

1, 1917

$

1,691,625,476.27 (In vault




GOVERNMENT DEPOSIT DIVISION
NUMBER OF LETTERS RECEIVED

REMITTANCE

CORRESPONDENCE

TOTAL

41,672

12,165

53,837.

43,486

7,181

50,667.

16,126

4,975

21,101.

NUMBER OF APPLICATIONSRECEIVEDS

FOR DEPOSIT

WITHDRAWAL OF SECURITIES

EXCHANGE OF SECURITIES

2,230

9,753

765

3,767

10,553

471

2,552

5,420

616


Page 36


Is4

GOVERNMENT DEFO3IT DEFARTMENT
INTEREST RECEIVED ON VAR LOAN DEPOSIT ACCOUNT

Year of 1917

2,515,352,10

Year of 1918

10,679,242,65

Year of 1919

6,355,266.98

Year of 1920

1,905.871,16

rict,

$ 21,455,715.09

T0

COMPARI3ON OF LIBERTY BOND PRICES

DECEMBER 31, 1920

EJRY 30, 1920

DECEMBER 31, 1219

100.14

is 3 1/e.-

91.00

90.80

1st 4%

85.00

85.50

1st 4 1/4%

85.70

85.76

93.50

2nd 4%

84,78

84.60

91.90

2nd 4 1/44

85.10

84.82

92.20

3rd 4 1/4%

87.98

88.60

94.78

4th 4 1/4

85.20

85.16

92.20

Vic.4 3/4%

96.00

95.54

98.94

Vic.3 3/4%

96.10

95.54

99.02

Page 37



FEDERAL RESERVE BANK

OF NEW YORK

OFFICE CORRESPONDENCE
To

Mr. Case

DATEL
SUBJECT

14_B. Matteson

FROM

January 11

1 92

4

Method of Executing Orders for the

United States Treasury

-

Attached is copy of statement which I have prepared for the meeting show-

ing distribution amongst broke-s of Treasury orders given to member banks for execution on the stock exchange for the celender year 1923, also showing distribution of
orders given direct

to

brokers by the New York Rank latt year.

A copy of this

statement was sent to Under Secretary of the Treasury Winston, who replied as per
attached copy.

A study of this statement will show that m good distribution of the orders
is sffected by having orders executed by member banks in addition to the other advantages under this method.

The experience in Nev York hi s proven these to be

principally:

Te are able to keep the identity of the Treasury
hidden to a great extent.

Neither the Treasury nor this bank can be charged
with disorimination in the choice of brokers for
the reason that such choice is left to the banks
to whom the orders ere given.
The banks are glad to get this business not only
on account of the prestige but because they get
the use of Federal reserve funds for one day Up
to the amount of purchases made by them.
Orders are being placed at present in this manner by Boston as well as
Philadelphia. started the practice and we assumed that they were contin-

New York.

uing it but

e learned lately that for some time they had been giving the orders

direct to brokers.

The Chicago bank, which recently started

buying, gives all of

Its orders direct.

Ends. (2)




14.47L

oA

LetLifrt-Ae-e- o7 4ó;z
-71,Lpecett7

MISC. 3. I-75M. 9 23

FEDERAL RESERVE BANK

OF NEW YORK

OFFICE CORRESPONDENCE
To

Mr.

FROMO

liarch 29,

DATE

Case

SLIBJECT:__

W. B. Wilittesen




1924

RANGE OF CALL MONEY RATE MARCH 5 TO MARCH 28

Date1141... 11
March

Low

Closing,

5

We

47

6

4-

4f

4i.

7

4*

4-4.-

4i

10

4i

4*

44

11

4*

4f

4*

12

4*

44

4f

13

4

4

4

14

4

4

4

17

4

4

3*

18

3-i

3-, z

3i-

19

3f

3

3

20

3

3

3

21

3

2*

2*

24

3

3

3

25

5

3*

5

26

5*

4

5*

27

5*

4*

5

28

5

42

5

MISC. 3. 1-75M9 23

FEDERAL RESERVE BANK

OF NEW YORK

OFFICE CORRESPONDENCE
To
FROM

DATE

lir. Case

March 27,

192

suBJEoT,!Ghanges in Prices of Government

W. B. Matteson

Securities

Change in yields on short and long term Government securities based on
market quotations March 5, March 24

and

March 27, 1924:

TREASURY CERTIFICATES AND NOTES
Quotation
March 5 1924

Maturity

Quotation
March 244_1924,

(Yield)

(Yieg)---

15, 1924

3.63

Sept. 15, 1924
15, 1924
Dec.
March 15, 1925

3.85
3.90
4.09
4.16
4.18
4.22

June

June
Dec.

15, 1925

15, 1925
March 15, 1926
Sept. 15, 1926

March 15,
Dec.

3.30
3.50
3.78
3.86
4.04
4.06
4.10

2.87
3.35
3.64
3.74
3.89
3.97
4.01
4.06
4.07
4.09

4.21
4.28

4.28

1927
15, 1927

Quotatidir
1924
(Yield)

March 27,

4.15
4.15
4.15

LONG TERM ISSUES
Quotation
March 5, 1924

Quotation

March 24,11a
(Yield)

(Yield)

1st Cony, 47.
2nd 4;17. L.L.
3rd L.L.
4th CI% L.L.

L.L.

.4.33
4.35
4.29
4.35

Treasury 4i% Bonds

4.25

March
"

Maturities - 30
5




MARCH 24 AND MARCH 27

1924

da,X1-----151.A.I.E1111124ALSIALL

4%

3 7/8%

4 1/8%

4 1/8%

4 1/87.

3 3/4%

24
27

4.28
4.29
4.25
4.29
4.23

4.26
4.27
4.18
4.26
4.21

CHANGE IN BILL RATES MARCH 5
Date

Quotation

March 27,112.4
(Yield)

3 3/4%

3 7/8%

4%

47.

4




tiAt,

FEDERAL RESERVE BANK

OF NEW YORK

OFFICE CORRESPONDENCE
To
FROM

Mr. Case

DAT
SUBJECT

W. B. Matteson

March 24,

Dealers' Quotations and Committee's
Prices

The following is a comparison of dealers' quotations March
24, 1924 and
Committee's authorized prices on shortterm Government securities:

Maturity

June
Sept.
Dec.

March
June
Dec.
March
Sept.
March
Dec.

1924
1924
1924
1925
1925
1925
1926
1926
1927
1927

Dealers' Quotations
March 24

2.87
3.35
3.64

5.78
3.89
3.97
4.01
4.06
4.07
4.09

192_4

Committee's
Authorized i'rices

3 7/8%
3 7/8%
3 7/8%
4%
4.15%
4.15%
4.25%
4.25%
4.25%
4.25%

MISC. 3. 1-50M-1-25

ESERVE BANK

DATE
SUBJECT

Earning

Assets of Federal Reserve Banks

TOTAL EARNING ASSETS OF ALL FEDERAT, RESERVE BANKS AUGUST 26,
AS COMPARED WITH THE PREVIOUS WEEK

August 26

August 19

67,508,000
238,181,000
87,056,000
105,225,000
61,592,000
62,689,000
133,456,000
74,237,000
48,138,000
56,198,000
49,359,000
107.263,000

Boston
New York
Philadelphia

Cleveland
Richmond

Atlanta
Chicago

St, Louis
Minneapolis
Kansas City
Dallas
San Francisco

1,090,902,000

1 9

1925

Net Change

72,431,000
276,926,000
84,882,000
103,293,000
62,655,000
64,203,000
126,400,000
74,557,000
44,214,000
55,703,000
50,159,000
110.870,000

$ 4,923,000+

$1,126,293,000

335,391, 000+

$

2,174,0001,932,0001,514,000+

7,056,000320,000+

3,924,000495,000800,000+

3,607,000+

SYSTEM HOLDINGS BY CLASSES
Bills
Bills
Gov't
Other

discounted
purchased
Securities
earning assets




559,483,000
195,309,000
323,260,000
14,050,000

t1,090,902,000

*Includes sales

579,675,000
201,519,000
332,249,000
12,850,000

$20,192,000+
6,210,000+
* 8,989,000+

$1,126,293,000

$35,391,000+

$

contracts ($8,300,000).

-0-

ITEMIZED STATEMENT OF NET CHANGES IN EARNING ASSET HOLDINGS AUGUST 26 AS COMPARED WITH AUGUST 19

Bills

Discounted
BOSTON

Bills

Government

Bought

$) 2,990,000+

4

$2,224000+

28,519,000+

Securities

Net
Change

289,000+

$ 41923,000+

3,235,000+

*6,991,000+

38,7451000+

2,922,000-

747,000+

1,000+

2,174,000..

CLEVELkND

2,704,000..

752,000+

20,000+

1,932,000..

aICHLOND

1,388,000+

332,000...

7,000+

1,063,000+

ATLANTA

2,077,000+

595000-

32,000+

1,514,000+

CHICAGO

8,371,000-

353,000-

* *1,668,000+

7,056,000

778,000+

510,000.-

52,000+

320,000+

kINNEAPOLIS

3,984,000.-

46,000+

14,000+

3,924,030-.

KANSAS CITY

1,032,000..

251,000+

286,000+

495,000+

DALLAS'

1,022,000+

369,000..

147,000+

800,000+

SAN FRANCISCO

2,431,000+

1,116,000+

6o,000+

-.01

3t607x000+

$20,192,000+

46,210,000+

$8,989,000+

$35,391,000+

NEW YORK

'PHILADELPHIA

I

I

ST. LOUIS




x

.......4.worst4A

68900,000

1925

HOME OFFICE AND BUFFALO BRANCH
January 1, 1925
Number of
Employes
Officers
Clerical
Protection
Food Supply
Building Operating
Buffalo Clerical




Total

36
2103
96
56

221

6

Salary
Liability
470,100.
142,110.
57,380.
315,400.76

116

2627

64,459,940.76

July 31, 1925

Number of

Employes
34
1993
86

44
229
129

t

Salary
Liability

456,600.
3,049,880.
5,320,190.
126,050.
45,410.
332,227.48
162,040.

2516 t4,172,187.48

Increase or Lecrease
Number of
Employes

Salary
Liability

10
11
8
13

Decrease
Decrease
16,080. Decrease
11,970. Decrease
16,826.72Increcsi
7,280.
Increase

112

$287,753.28 Decrease

2

110

$

13,500.

FEDERAL RESERVE BANK
OF NEW YORK

MISC. 4.1-120 M-1-20

ICE CORRESPONDENCE

01

Mr. Bellah

To
FROM

DATF
SUBJECT.

July "5, 1921

192

Questionnaire of Mr. Blackett

Governor Strong

It might be a good plan to fill out the tables and the questionnaire
sent us by Mr. Blackett, in each instance making a note of the source or sources
of the information.

When it is completed, I will endeavor to prepare a. letter

to Mr. Blackett, which will make clear that the data is furnishe entirely
personally by myself, and that the information Comes from surces open to the
public.

PS:MM





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102