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page
1* Comparative Statement of Resources Xtecember 31,
2. Comparative Statement of Liabilities December 31, 1916
3* Monthly Beport of Proofs & Verifications - Bazik
4* Monthly Heport of Proofs k Verificafc ions • Fiscal Agency Sept*
5* Proof of Bills Discounted Members
S . Proof of Acceptances Bou$*t
5* Proof of United States Borids & Securities Owned.
S#/, Investment Operations during month of December 191^
1 '
Other fedeml Be serve Bank m & m m i « O&siiarative
1^%olksm Skr Banks Baservs Account - comparative
'S* v Due to treasurer of United states - coiqp&ratlv*
9. Capital Dtocfc and Dividends Paid - Comparative
10. Earnings for December - Comparative
11* Expenses for December * Goc^arative
13* Expenses Agents Department n
t'frfrrm
13* Expenses r Fiscal Agent Department for asoorabqr-lQia?
14. Expenses - Liberty X,oan WH/tt' #ar SsflPingHj # 15# Transit Sparta ant Disbursements & service Charges for December
16* transit Separfcment Beport for December
17* ?win City Clearing® for December
X
^All^tiaent s tfnft CQarerstoiis
4&m liberty Xoaii-Bead^eli^eries
Waited States Treasury Certificates of indebtedness
22* Average laming A scots and Bates fur tteconber
23* Gross 2arnings By Months for tear and Averages
24* Gross and let warnings and Bspenses by Months
25* Average Holdings of earning Assets by Months /
26. Profit and I*oss Account
27* Salary Statistics - Bank and klbogtg.-Laa-a jep&rteent
28* Furniture and SquipmeJit (Including vault}
28* Reserved for Sundry Expenses
29* Gold Holdings of the Ban& and Federal Be serve Agent - CCtajporative
30* Cash Reoord • Bank
31* Cash Bedord - Federal Bo serve Bank Botes
32* Cash Hecord - Federal Beserve Hotes Beo#d fro® Controller of Current
since o p en ir© Issu e d , Reissued and Destroyed
33* Ca#i Hocord - Federal Beserve Hotes issued by Agent during 1918
34* Cash Hecord - Federal Bs serve Hotes - Agent*s V&ult Bscord
35* Acceptances held at Close of Business December 31, 1918
37* Bedi scoots Member Banks - By Uosms and states
42* Bill of lading Drafts Biscomfced month of Ifctcember 1918
43* Method of Procedure in Making Various Audits and Sxamlnations of Bant
and Fiscal Agoncy Department by Auditing Bepartraant*
COMPARATIVE STATIMENT OF RE9DUECSS
FEDERAL RESERVE BANK 0? MINNEAPOLIS
19X8 • 1917
Dec* 31st t 1919#
B/L Draft# definite maturity
Bills discounted
Member banka* collateral notea,
Acceptance* bought,
Rediscounts for other Federal Reserve Banks,
Other XJm S* Bonds owned
One-year Treasury notes
U. S*Treasury certificates of Indebtedness
Interest accrued on U.S.Securities
Municipal warrants
Bill of lading drafts
Cert* of Indebtedness to secure circulation
Liberty Bonds sold on Installment Plan
Sfeppnse current
Bank premises
Furniture and equipment
Cost of unissued Federal Reserve currency
Other deferred charges
Dividend a /c , incl* premium on surrendered stock
Disbursements transit
Liberty Loan
Disbursements, Liberty Loan No, 3
Disbursements, Liberty Loan No# 4
Disbursements War Savings Certificates
Advances War Savings & Liberty Loan
Difference account
Due from other F« B. Banks - Collected funds
Exchanges for clearing house
Checks and other cash items
Natl. 'Beak notes and notes of other F. R. Banks,
Federal Reserve Banks * Transfers bought, netf
Other it ems,
Member and Noamemfeer backs and bankers,
Due from Treas. of U. S, 5# Fond
Federal Reserve Banks Notes on hand,
Federal Reserve Notes on hand
Multilated F« R. notes forwarded for redemption
Nickels and cents.
Gold with Federal Reserve Agent
Dae from Treas* of tJ* S. Gold Redemption Fund
Gold Settlement Fond
Gold bullion and coin
Gold Certificates
Gold with Foreign Agencies
Silver certificates
Legal-tender notes
Silver coin
77,064.74
2,684,673.91
3,535,460.00
17,993,767.63
30,374.855.00
115,560.00
530,000.00
266,500*00
16,659*09
4,350,000.00
4,970*00
318,336.34
39,500*00
1.00
2,878.74
86,574.41
16,875*35
122,816.54
10,520.45
,
Dec. 31. 1917.
7,022,335.78
A,059,992.00
7,166,877.76
4,988,121*23
1,887,990*00
1,340,000*00
500*00
17,841.63
25,380.00
960,758.32
112,686*71
66,065.25
12,915.49
2,127*12
dm
44,461*13
53,797*73
329*16
12 000.00
992.10
m
2,068,841*15
260,988.02
375.135.00
2.031.500.00
2.917.434.00
5,470,865*82
236,200*00
463.454.00
1.813.495.00
340.195.00
10.85
55,868,410*00
4,948,850*00
23,774,414*92
2,172,390*00
6,150,720*00
233,154*97
33,055*00
38,620*00
1,170.00
15*37
11,283,058*19
m
599,179*46
169.361.00
1,23|,000.00
729,552.53
3,063,947.48
*•
1.420.865.00
•
171,000.00
16.61
32.909.980.00
878.326.00
19.488.800.00
6.688.960.00
8.370.770.00
2,100,000.00
231$9Mi§06
179.106.00
2 ,120.00
TOTAL HSSOUHCUS...................................................................... 169,748,788.93 114,181,528.94
COMPARATIVE STATMEJ® OF LIABILITIES
FE33ERAL RESERVE BASK OF MIUHEAPOLIS
1918 - 1917
Deo* 51.1918
Capital, paid in,
Capital — Suspense account
Surplus,
Profit and loss,
Discount earned - Bills discounted
Acceptances bought,
Transfers bought and sold, net charges,
Interest earned - Municipal warrants,
U.S.Securities,
Bill of lading drafts
Penalties on deficient reserves,
Sundry profits,
Discount on U. S. Bonds,
Unearned discount ~ Bills discounted,
Acceptances boight
Unearned interest on municipal warrants,
Beserved for sundry expenses,
Service charges, net
U.S. Government deposits - Genem l Account,
Due to member banks - Reserve Account
Due to nonmember banks - Clearing account
Due to other Fed. Beserve Banks, collected funds
Gold Settlement Fund - Suspense Acoo unt
Cashier’ s,expense, return item & Div. checks
Federal Reserve bank drafts,
Federal Beserve exchange drafts,
Federal Beserve transfer drafts,
Federal Reserve banks - Other items
Member and nonmamber banks,
Miscellaneous,
Federal Beserve Bank notes,
Fedeml Beserve notes outstanding,
TOTAL LIABILITIES . ..........................................
2,612,450.00
7,700*00
49,383*55
242,284.63
72,476.74
35,117.63
254*60
49,184*97
6,535.87
3,909.94
701.02
5,682.39
52,861.94
41,412.45
6*21
50,590.69
8,716,529.47
39,347,899.01
8,449,634.85
31,488.47
5,096.06
325.90
2,931,200.00
37,500.00
428,804.48
1,175,998.09
106,410.39
51,920.60
30,116.52
2,692.32
21,697.86
4,713.26
47,430.48
95,610.65
59,491.37
14,092.08
_
5,191,471.43
48,825,966.37
15,500.00
1,101,434*14
302,513.37
2,121.10
63,000.00
3,411,896.56
2,314,722.99
156,074.87
4,632,000.00
98,724,410.00
2,069,429.73
1,129,016.30
195,606.52
51,005,950.00
169,748,788.93
114,181,528.94
Ratio of total reserves to combined net deposit and
note liabilities .................................................
Dec. 21.1917
65.8$
86.9$
9
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FISCAL AGENTS DEPARTMENT
MONTHLY REPORT OF PROOFS AND VERIFICATIONS
BY TH1 AUDIT DlPiRTMMT OF TH1 FEDERAL RESMVE
BANK OF MINNEAPOLIS FOB THE MONTH OF DECEMBER
1918
Date of preceding •proof*
Daily
it
N
«
Nov. 29
Nov. 25
Monthly
Continuous
M
Non©
Sept. 7
Nov. 25
Continuous
Daily
Continuous
Nov* 22
Continuous
Daily
Continuous
Dally
Nov* 25
Daily
Oct. 31
Nov. 25
Nov* 15
Continuous
(i
n
n
M
M
Date of proof this month.
SUBSCRIPTION DIVISION
Cash receipt
Daily
RSceipts deposited with Treas* U. S.
"
Items held in suspense
*
Unpaid balances
*
Receipts Issued in favor of other Depts.
covering securities pledged or sold .
Dec. 30
GOVERNMENT DEPOSIT DIVISION
Dae frost depositary hanks
Deo. 30
Interest on hank balances
Monthly
Collateral held as security
Continuous
U«S.Securities
By Federal Reserve Bank
”
By Custodians
H
Date last securities verification sent
to or received from depositary banks
Sept* 7
TREASURY CERTIFICATE DIVISION
Depositary balance
Dec* 30
Collateral held as security
Continuous
Reserve Banks own temporary Certificates Dally
Definitive certificates
Daily
WAR SAVINGS DIVISION
Stamps and certificates reoelved,
sold or consigned
Dec. 31
Collateral security held
Continuous
Cash receipts
Daily
BOND CUSTODY DIVISION
U.S.Securities held pending del*y
to Bond I.D .
Continuous
BOND ISSUE DIVISION
Current deliveries
Daily
Deliveries - Proof
Dec. 30
Return signed receipts checked
Daily
CONVERSION DIVISION
Securities received for conversion
Dally
Conversion securities delivered
Dec. 26
EXCHANGE DIVISION
Current exchanges
Dec. 28
SECURITIES RECEIVED FROM WASHINGTON
Interim Certificates
Continuous
Coupon Bogds
■
Registered bonds
Ni
Conversion bonds
*
Second loan
*
..
Securities returned to Washington
"
,- J C M m m o m m u members
(Verified as of December 21, 1918}
Ifember Bank Collateral Loans
w
* Rediscounts on hand
»
»
« seat for Collection
Total ............... ..............
$
$
2,427,480.41
742,657.82
• • # • • • » • • * * • * • • •
3,107,550.00
___
. . . . . . .
6,277,688.23
-JLS1I____________ U U L Daily average amount of Rediscounts from Members
Average rate oa Rediscounts from Members
31,150,400*
4*733$
7,370,500.
4*225$
ACCEPTANCES
{Verified as of December 21, 1918}
Acceptances on hand
<mt for collection
TOTAL
#
18,872,150.18
...........U M M U ffift........
............................................................... .
18,984,636*50
...... M M _________ l f . l l ..
Daily average amount of acceptances
Average rate earned after pacing consnission
4,790,200 .
4.331$
4,703,100*
3*158$
T O ® STATES BG8DS AMD SECURITIES OH BAUD AND HELD IS
WASHOTTOir AT QLOSE OF BUSIIESS DECEHBEB 51, 1918
(Continuous Audit}
4§$
m>
4 $
2 $
Z i
3i
Z%
3$
3$
U. 3* Treasury Cert, of Indebtedness dated Dec. 5/l8 due
«
»
«
w
n
Oct. l/l8 *
w
«
w
"
"
Sept 17/18 *
"
w
"
(Tax Issue} ”
Aug. 20/18 «
w
"
"
(fb secure F.B.Bk*
note clroulatioa}.. . . . . . . . .
"
Begfd. Panama Canal Loan Bonds 1906-1936*1938
*
*
n
n
n
19U-1961
Coupon U. S. Conversion Bonds 1916-1946
«
*
"
*
1917-1947
One Tear Treasury Gold Notes due Jan. 1, 1919
May
Jan
Jan
Jul
6/l9
30/19
16/19
15/19
Oct l/l9
$
258,000*
5,000.
500.
3,000.
4f350t000.
260.
500.
3,200*
111,600*
530,000. y.
5,262,060.
Fourth Liberty Loan Bonds purchased and being sold to Employees oa
monthly payment plan (Paid to date #6,480.)
_____________4.970*
Total ................................................. .......................................................... * . #
6f267*050*
Daily average amount of United States Securities
Average rate earned
1918 ____________ 1917
3,525,700*
3,833,400*
2.999$
2*560$
Kj
t
/
mssmEH* rnmkmmn mma m wmm of DasmssE m s
© o s ® bi fiii mmw* mmnm mm of ummmus
geoonber SI, 1918
1# Bills discounted for xaaEober baslm
2,
Bills rodifroomtod for otl^r Federal Base nr© Bank*
3.
Bill a bought In op«a m x fe i
4«
B U I of lading drafts ts&sn for oollootlo ; on an
inieraai basis* but not discounted
5*
w $m §m d *w
88 |S* 6 #iK
0
Municipal Warrants purchased
8*
s # ionda and trm m vf Iotas bought
7*
U. $# Certificate* of Indebtedness bought
f
1?otal discounts and open market iwofaMits
0«
0.* i* Bonds and tereasury Hotes soli
9*
0 # s# Certificates of Indebtedness Hold
i #6BO*OD
Mi
Total 0» S* Securities sold
IMbtr of wnribtr banka
in district at and of aontfe of DtcMMter
>5,500.00
h % m *m
988
Husfcer of M fcor banks ieeomodated through the discount of paper during tbs
month of Deoedtor 1918, 161#
6
BAIAHCES UB FHGB! OTHEB FEDERAL EESERVE BAMS AT CLOSE
OF BUSINESS 1ECEMBEH 31* 1918 and D12CEMBEB 31, 1917
Federal Beserve
Bank of
Due From
Dec* 31* 1918
Boston
Hew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St* Louis
Kansas City
Dallas
San Francisco
Seattle
Spokane
Portland
Salt Lake City
106,018*56
105,253*37
392,587*68
9,219*75
213,560*16
7,732*14
4,350,436*87
23,514*43
258,377*55
266,419*13
55,173*20
26,866*31
37,938*52
53,090*53
52,053.50
(Cr)
(Dr)
(Or)
(Dr)
Total
(Immediate}
4,961,031,22 *
Total
(Deferred)
(nil)
Total ................................
4,961,031*22 *
Due From
Dec. 31* 1917
1,021,741.17
5,460,688*79
855,921*03
63,293*17
3,820*87
1,822*38
3,363,388*38
151,402*54
143,062*34
34,734*57
183,182*95
lot open
f»
H
n
11,283,058*19
1,964,552,53
14,247,610.72
Detailed statements of all balances due from other Federal
Beserve Banks as of December 31, 1918 have been compiled by the Audit
ing Department and forwarded to said banks for verification* All out
standing items will be traced on return of these statements*
Up to June 30, 1918 balances due were settled for weekly by
the various Federal Beserve Banks through the Gold Settlement Fund at
Washington*
On July 1, 1918 a daily settlement plan was adopted and
it is now the method of settlement by all Federal Beserve Banks*
The credit balances shown against Boston and Philadelphia are
caused by those offices transferring for cur credit to the Gold Fund on
December 28, 1918 amounts in payment of their rediscounts with us, part
iculars of which had not reached us in time to naka offsetting entries
prior to December 31, 1918*
D A W AVERAGE MEMBER BANK BlLJNCIS BT MONTHS
im a v m ?
1918_____________ 1912
January
February
March
April
May
June
38,965 M
39,136
40,337
41,534
39,096
37,646
37,057 M
37,663
39,301
39,955
39,198
39,598
191§____________ 1917
July
August
September
October
November
December
36,775 M
35,383
40,814
51,331
47,898
47,863
35,786
37,443
38,888
43,196
43,696
43,180
Bally Average Balanova for year 1918 $ 41,387 t
•
■
■
*
.m
*
n
h increase
$ 6,$88 H
MEMBER BANS RESJffiVE BAIANCES M 8TATES CLOSE 0? BUSINESS
jm - z A m .
1918
Michigan
2,005,092.48
Minnesota 31,615,137.04
Montana
5,858,673.39
1917
1,519,598.83
33,978,899.57
5,888,173.14
N. Dakota*
8. Dakota
Vi aeonsin
1918
4,610,959.38
5,399,851,95
u s u m m JOl
m i
3,504,385*37
4,131,850.43
Balance as shown by General Ledger
t 8i.i86.tw.ae
Hat gain o f lfeobar Bank
B e s a rr. B alan o.i fo r y .a r
10,679,274,08
dailt irm iat bauncis jm keasobkh or ohitto rejjks by mouths
1918 « 1917
January
February
March
April
May
June
1918
1917
9,388 M
6,778
6,789
5,368
10,109
6,059
3,358 K
1,413
981
3,069
3,660
8,837
1918
July
Avgust
September
October
Novsaaber
Decsaber
Daily Average for the year 1918
ft
N
If 1917
«
«
n
n
* Increase
*f
w
8,348-M
7,413
14,979
6,984
6,139
6,781
1917
6,503 M
4,397 M
3,818
6,113
10,483
7,738
$ 7,920,000.00
....
2,974,000.00
8
CAPITAL STOCK
State
December 31. 1918
3To* of
Stock held
Baziks
Deeemher 31. 1917
®o. of
Stook held
Banks
Gain
JTo. of
Banks
for yr.
Gain
Stock
held
for yr.
Total Div.
Paid to
12/31/191?
Div. Paid
from l/lst
to 6/30/18
Div. Paid
from J ^ l a t
to 12/31/18
Total Div,
Paid to
Deo.31,19]
Miohigan
36
149,550.
33
139,700.
3
9,850.
23,304.32
4,273.76
4,364.10
31,942.18
Minnesota
322
1,704,200.
297
1,542,050.
25
162,150.
240,995.35
47,647.14
50,161.77
338,804.26
Montana
146
398,300.
115
322,100.
31
76,200.
45*478.56
10,758.91
11,863.71
68,091.18
1 . Dakota
171
285,800.
162
260,250.
9
25,550.
42,858.43
8>113.93
8,528.45
59,500.81
S. Dakota
137
254,550.
128
227,100.
9
27,450.
36,012.55
6,974.91
7,456.76
50,444.22
Wisconsin
49
138,800.
38
121,250.
11
17,550.
32,946.72
3,759.91
4,052.12
40,758.75
@61
2,931,200.
773
2,612,450*
@8
318,760.
421,596.93
81,528.56
86,416.91
589,541.40
Stock Ledgers proved and verified with General Ledger.
The total paid in Capital Steele of the Bank at elose of business December 31st, 1918 was
#2,931,200.
held by 861 Stockholders against #2,612,450.
held by 773 Stockholders at the elose
of business December 31st, 1917, making a net gain for the year 1918 of $318,750. by 88 banks.
There were 8 banks who reduced their eapital stock to the amount of #11,200.
EARNINGS OF THE FIBERAl* BESERVE BANK OF MINNEAPOLIS
FOB THE MONTH OF DECEMBER 1918
Total for
Bill* discounted and bought:
Bills discounted • Members F.B«Banks
Acceptances bought in open market
Total since
Same period
...’sBMg-.-s*..t.y.saf...
110,960*11
1,547,841.64
311,375*84
68,915.15
211,601*68
148,530*68
9,351*29
116,370.30
97,936.16
6,21
4,479*62
Investments:
United States securities
Municipal warrants
0
Bill of lading drafts
383*09
17,128*48
Transfers - Net earnings
8,549,00
89,608*05
45,982*83
Deficient Beserve penalties (including interest)
4,124*14
29,101.00
4,467*80
0
27,719.34
0
183.81
10*577*47'
9.435*95
202,466*59
2,049,954*07
622,208*88
Net service charges received
Sundry profits
TOTJ& IABNINGS...................................
MEMORANDUM
Cost of unissued F*B. Currency (payments a/c
new notes, including expressage, ins. etc.)
0
Total for
Total since Same period
Month
1917.
. Jtei..,L i m ,.
47,014.95
101,378*36
0
Cost of Furniture and Equipment - Charged Expense Account*
Furniture and Fixtures
3,621.72
Vaults - Safes
1,627*00 f
1,627.00
919*37
13,309*52
Machines
Other
Total cost of Furniture and Equipment
11,232.33
... £..................... .................
6,168*09
30,476*42
Dividends accrued since end of last dividend period to end of December 1918,
29,501*
$86,574.41
10
CURRENT EXPENSES, INCLUDING TRANSIT DEPARTMENT
DISBURSEMENTS, Of THE FEDERAL RESERVE B 0K OF
MINNEAPOLIS K5B THE MONTH OF DECEMBER
1918
total for
Month
1.
Total since
Jan.1.1918
Same Period
1917
EXPENSES FOR OPERATION.
Assessments a/c expenses F.R,Board (Monthly ;proportion)l,172.97
14,116.77
10,196.14
Federal Advisory Council (fees and traveling expenses
148.00
1,034.00
150.00
.00
Governors1 conferences (including traveling expenses)
203.58
624.66
F.R. Agents9 conferences (including traveling expenses)
190.00
370.20
112,90
Salaries^ Bank officers
49,124.52
4,728.34
37,101.38
Clerical staff
29,858.72 123.401.98
31,925,78
Special officers and watchmen
.00
.00
1,666.60
All other
54.00
120.50
815.90
Directors1 fees
400.00
3,610.00
3,740.00
Perdiem allowance
110.00
940.00
850.00
Traveling expenses
228.97
1,562,11
1,506.36
Officers1 and clerks1 traveling expenses
335.51
1,982.37
36US7
Legal fees
125.00
1,732.10
1,500.00
Rent
1,101.83
5,660.04
11,297.66
Taxes and fire insurance
50.82
167.08
74.44
Telephone
132.30
1,030.89
2,213.03
Telegraph
283.46
3,193.49
698.50
Postage
36,500.69
4,112.24
6,551.63
Expressage
197,52
13,038,93
5,030.26
Insurance and premiums on fidelity bonds
7,775.65
2,059.50
2,069.71
Printing and stationery
1,642.16
18,361.47
7,474,62
Repairs and alterations
.50
2,016.41
1,267.33
All other expenses, n .s ., including exchange Paid
1.443.85 .... A * m < 0 7 -.....2JSffi 8,3.
301,503.61
124,324.03
Currency Receipts and Shipments Expense
563.81
1,466.66
30,476.42
6,168.09
Furniture and Equipment
.00
5,939.88
Abrasion on Gold Coin
Liberty Loan Campaign Adjustment
____________________ _____________ 761.70
55,107.62 339,386.57
125,085.73
II. NOTE ISSUES.
Cost of Federal Reserve currency issued by bank during
month (including expressage, insurance,etc.)
60,933.77
Miscellaneous charges a/c note issues (including taxes
on Federal Reserve Bank note circulation
3,341.35
114,286.84
42,381.30
10,734.82
1,354.52
. .
_ _
464,408.23
4.800.00.
173,6 21.55
III. DEPRECIATION CHARGES.
Furniture and Eqjafpment
Total current expenses / ..............
. . . . .
..._ ,..
119,382.74
CtJRRMT EXPENSES
FEDERAL RESERVE AGESTC AHD CAPITAL ISSUES COMQlffEE
FEDERAL RESERVE BAHK OF MOTEAPOLIS
FOR THE MONTH OF DECEIVER
1918
EXPMSES OF OPERATION
fotal for
Jlonth........
Salaries:
Bank officers
Total since
1,125.00
13,675*09
Clerical staff
173.34
1,864*61
Officers* & Clerfcs* traveling expense
Re-Seed Corn
Other
190.00
50*78
369*18
34.39
358*0®
Postage
Insurance and premiums on fidelity bonds
200*00
Printing and Stationery
Ke-Seed Com
Other
All other expenses, ns*
M Q jM .
Total expenses of operation* *
Capital issues coraaittee,
fotal expense* * * • • • *
872.00
795*55
52*00
. •
1,695*25
19,034*49
..
..
2,270.(19
20,372*28
1 4>
'Afr&.’mm,
F irm
we-BKus/ia:®; aecu®*
new. t*%s*
m a a n s M u ; sx «, s.
tm-saB* rsssaM. rsa»VE bask op tumAK&xe
jor. a s w v m a xsiu s x m s
Sotitl J&p T¥1t^ 4 t
r<srio# § Cl^rioel iinJt
m $m m
SbltiBl, sSwiB
107,113.73
Office®1 *&& Otefcs*1 SftmUgg tftptiiiit
2§m * u
83,860*85
SKA
i# m m
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kS' itnfl'Imjm
flw
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&9m * n
71,779^9
n^m m
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Ala
it@
4uM
lth
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®
m m
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at.8ss.ar
li^^&J)HNMI3&
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ilM
iiiii'ni^f——
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total Mikmwmmmm • * * * * «
M a i m 4 f t
mmimA frer-.
82*40509
Mi, 1917
lv%il *?3WfSTO*'«rw&w|s*%*w «#* MPPVPWHNnr
SttslnivMiiifc
• * #* * *
MJfSmt
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SOti 3^Pw *>0fl8s WwSmwrfm * * # • * * # * * « # * *
m .m .m
LIBERTY LOAN AND VAR SAVINGS EXPENSE
Total expense to Jan. 1. 1919.
Classification
First Loan
Equipment
$
Eixpressage
Postage
4,840*28
Printing and Stationery 13,774*40
Publicity
5,131*12
Bent
1,564.00
Salaries
17,514*42
Telephone and Telegraph
229.96
Traveling
934*52
1.538.10
Miscellaneous
Total.............. .45,426*80
Recovered from
Tfceas. Dept............... , . .45,426.80
B alance,.............. .
0 0 0
Second Loan
Third Loan
$4,124*22
$6,462*63
318*0}
81.60
4,719*57
2,181.71
22,207*78
24,835.34
13,175*66
24,460*47
2,811*73
4,586.12
35,682*68
60,558.01
3,078*76
7,333.01
3,799*21
16,056*29
5.265*34
5.433.62
95,182.96
151,988*80
95.182.96
0 0 0
135.113.45,
16f875»35
Total of
Vouchers still
Unpaid
$16,875.35
Fourth. Loan
Equipment
$ 3,207*32
Express & Postage
1,932*92
Newspapers & Directories
793*73
Printing and Stationery
29,798.09
Publicity
33,869*46
Bent
3,101.95
Salaries
50,166*70
Telephone and Telegraph
7,349.86
Traveling
9,285.34
Miscellaneous
1.593.77
Total................... . . . . . . . 141,099*14
Recovered from
Department*« .. 18.659.54
Balance.......... .................................... .122,439*60
122,439*60
War Savings
Equipment
Express and postage
Newspapers and directories
Printing and stationery
Publicity
Bent
Salaries
Telephone and telegraph
Traveling
Miscellaneous
Total.» ••* .» * ••••
Becovered from Treas.Department
Balance....... ................................
$
2,423.66
1,332.91
92.93
25,444.30
13,343.59
2,656.47
37,236.77
1,925.87
7,020.13
2.206.68
•,93,683.31
■.82.785.93
..10,897.39
Advanea to Commltt©................. ..........................
Liberty Loan and War Savings expense - Form 34
10.897*39
$ 150,212.34
12 .000.00
162,212.34
T O tsit m u m e s * — w s e & i.
m m
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1910
s & w js i of ® m m t m
f*ta& f&r
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sauriest
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46,607.00
<
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f||Mf iSSWSWI#
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ft»M. o s m i u m of operation • # •
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17,413.94
11.721.90
27,7X9.24
■
tai or xt#o»*.«694f4 if
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Subscription
Allotments
Paid on Allotnaent
105.000.000*
180,892,100*
180,092,100#
14,642.50
ISO,877,457,60
foubsk lim ;m lout
flftota
M>gpjriay.on
210.000.000.
242,046,050*
B O O S
*&&& m . Allotment
342,046,050.
H U C E I V B D
Mlanoe due
197,034,126*87
FOB
45,011,934.13
CO H V U H S I O i ,
S M First Uberty loan
Gon-pon Bonds
No. of
Denomi
nation
s im m
610
456
55
26
1147
$
50*
100*
500*
1000*
$
Mmm*
Ho* Of
gieqgft
30,500*
45,600*
27,500*
0*
165
27
18
“ SID
3 129,600.
4& First Liberty Loan Converted
Coupon Bonds
HO. Of
pieces
13219
11097
1681
1817
24
3
27746
$
50,
100*
500*
1000*
5000*
1000C.
Amount
a
m.
100*
500*
1000*
|>
0*
16,500.
13,500*
. 18*000*
43,000*
Lorn ConYorted
Befd stored Bonds
iaeaak
Ho* of
Pieces
660,950*
1,109,700#
790,500*
1,817,000*
10),000*
...... jttafifih.
# 4,578,150*
9
907
257
271
35
27
1
T5U7
Donomi-
mMm
BenoaiIlStion
4
Amount
Benomi**
nation
1
50*
100*
500*
1000*
5000*
10000.
50000*
$
450*
90,700*
128,500*
271,000*
175,000*
270,000*
#
985,650*
.Poe02^.Liber_t^ M M
Coupon Bonds
lo* of
Bieoj&
100286
77288
11312
16595
1007
463
"355951
Denoai-
Amount
HO. o£
Benomination
MIM
$
50*
100*
500*
1000*
5000*
10000*
$ 5,014,300*
7,728,800*
5,656,000*
16,595,000.
6,035,000*
#44,659,100,
1134
4607
1200
1425
106
106
12
8590
$
50*
100*
500*
1000*
5000*
10000*
50000*
Amount
#
56,700*
460,700*
600,000.
1,425,000*
530,000*
1,060,000*
___ S2&.S2S*
$ 4,732,400.
12
B0HB3
D E L I Y E H E D
TO JAHUAHT 1, 1919.
Third Liberty Loan
Coupon Bonds
804011
564291
36421
27727
1390
1138
1434978
Denomi
nation
$
50.
100.
500.
1000.
5000.
100QG.
Amount
# 40,200,550
56,429,100
18,210,500
27,727,000
6,950,000
11.380.000
#160,897,150.
4rM Second Liberty Loan Converted
Coupon Bonds
la., of
# 50.
100.
500.
1000.
5000.
10000.
10379
10245
1619
1859
50
21
24173
#
50.
100.
500.
1000.
5000.
10000.
588
2522
594
600
72
61
11
4448
471134
483695
34185
21703
1048
782
3012547
Denomi
nation
|
50.
100.
500.
1000.
5000.
10000.
50.
100.
500.
1000.
5000.
10000.
50000.
100000.
# 1,445,950.
5,972,700.
3,985,000.
3,494,000.
980,000.
1,800,000.
1,100,000.
1.200.000.
$ 19,977,650.
Denomi
nation
I
50.
100.
500.
1000.
5000.
10000.
50000.
Amotmt
29,400.
252,200.
297.000.
600.000.
360.000.
610.000.
■JSfiftiJB&L
*(? 2,698,600.
#
4-M H rst Liberty Loan Converted
Registered Bonds
Momt,
|
518,950.
1,024,500.
809,500.
1,859,000.
250,000.
210*000*
| 4,671,950.
28
382
139
99
20
11
.....-.... 1
680
Amount
Denomi
nation
pipoejs
Fourth Liberty Loan
Coupon Bonds
Mo. of
$
Amount
Second Liberty Loan Converted
t e e t e r e d .flmte
# 3,503,700.
6,515,700.
5,548,500.
16,371,000.
4,965,000.
7.400.000.
#44,303,900.
Denomi
nation
So. Of
pieces
4-K
M>J22&
4 M First Liberty Loan Converted
Coupon Bonds
Denoraination
28919
59727
7970
3494
196
180
22
____ 12
100520
.©
o
yoo?4
65157
11097
16371
993
740
364432
Denomi
nation
Ho. of
pieces
saj
*o
o
Ho. of
Third Liberty Loan
Begi stered Bonds
# 50.
100.
500.
1000.
5000.
10000.
50000.
|
V
1,400
38,200
69,500
99,000
100,000
110,000
50.000
468,100
Fourth Liberty Loan
Be*& stered Bonds
Amount
Ho. of
M-9j2.es,
#23,556,700.
48,369,500.
17,092,500.
21,703,000.
5,240,000.
7.820.000.
123,781,700.
6824
19343
2752
1101
38
35
2
3
30098
Denomi-
#
50.
100.
500.
1000.
5000.
10000.
50000.
100000.
Amount
#
341,200
1,934,300
1,376,000
1,101,000
190,000
350,000
100,000
300.000
# 5,692,500,
A
m im v m &m u Q m m w w ism
w? x im tM K T C is *
ZM m ra b ® i »§ j h k t e a s m t
*»to of
l3««o
£1 lot*
SS» 3
le*a
#«*u 2
*n*,*co
#aia,22
2,8!I7*000
»•%# 3
6 vtit*000
f0%*t8
8*200,000
M®*.13
183,000
a*7«M'
%T83*000
Af*r*10
7,38$,600
A?p«lf
104,^00
LpTmZZ
8*320*000
#nm*2§
6.078,000
#al* 9
0,793,600
£ml*28
9*046*600
AU&, 6
7,268.500
£m&*20
997*000
Sept 3
9,652,000,
Allot,
*#•
8ttfc,► tUt to
50*
9i
3X3
1164
m
1362
19
1376
121#
XO
82*
936
183*
1606
1289
£62
1601
§10*000*
»Mt909#
1,759,000,
*H6*000*
1,999,600.
90,000.
2*811*000*
8*§X6*000*
S*»900»
t»m«ooo«
2*281*60#*
2,236,000.
2,014,000,
1,633*600*
2.35,000.
2*367*600#
&o* Allot*
ink* 60S in
100*
13
23
43
8
60
1*069*000*
1*032*000*
lift #00*
1*910,000*
ISO,000.
60
1
2?
64
it
49
41
6
60
t
12
11
3
m
2
1*6*6*800*
1,365,000,
33*000 *
930*000*
ft*m»0eo*
2,041,000,
1*777*000*
1*494*600*
57,000,
1* 510 *600 *
Allot*
ioe» to
26011
SO*
tub*
1*473*600*
766*000,
2
§3
So*
Sm%*
m
13
1
9
33
23
21
967*00©*
693*000*
330*800*
297,000,
1*020,000*
2*092*500,
378*300*.
1*029*000*
1*414*500*
2,450,500.
837*300*
391*§00*
13
1
IT
620*000*
3
6
4
Allot*
260H to
5001#
Ho* Allot
30*
£«%• 500H to Ssl,
100054 &
....ftw.........
300*000 *
600*000*
310,000.
400*000*
*}ju5 *0liO*
3
2
3
12
3
3
f
13
3
3
3
2
1
1
1
T30*000*
4*432*000*
4*255*000*
8*846*000*
1
1*108*000*
1*000*000*
1*330*000*
300*000*
1,373*000*
300*000*
800*000*
300*000*
400*000*
3
2
351*300*
740*000*
2
3
1
1
1
1
7,077,500*
4*331*000*
2*376*000*
T00*000*
3
3
3
10*750*000
16*000*000
1*256*000
17*000*000
720*000
13*000*000
1
1
4
T
4
3
1
2*760*000*
total
Sm%*$&ol
Xotrae
5,2SO,000
1
4,490,000.
3
Total
each
lotmo
2
13*330*000
787*300
13*000*000
20,000,00*;)
22,100*000
13,300*000
12*280*000
1,829*000
17*200*000*
128
360
1228
64
1433
23
1489
1303
18
8T3
940
1440
1333
1333
270
1534
\
i&isogjs m f i i m
Boto
Iesue
Sop*!?
Allot#
a n ft
x*«#
Ho*
$a*«
S o *. ?
9 * 3 4 0 ,0 0 0 *
1460
1 0 * 088 * 500 *
1804
3*0 IS *000#
So#* 8
1 2 ,2 6 3 ,0 0 0 .
D*o.l»
I I sT 5 0 , 500*
O o t. I
888
All©#*
SIX to
&$n
ffo*
Sat*
2 ,9 6 S ,& 0 0 *
20,080
2 . 309 , 000 *
90
1*004*000*
ft
Si
ft
38*043*000*
fc*211*000#
3*419*000*
11
4
28
26
1*300,*000-*
0 T «r
1*101*000•
immm
fot&l
Sufc*oaofc
t* im o
6 5 4 ,5 0 0 .
1 7 ,7 0 0 ,0 0 0 .
3 *0 0 8 * 0 0 0 *
£ 1 * 8 0 9 ,0 0 0 *
1 ,8 9 0 ,0 0 0 *
1 0 ,2 2 0 ,6 0 0 *
3*«8*80® .
2 4 ,5 0 0 ,0 0 0 *
3 ,3 5 1 ,0 0 0 .
£ £ *248*000*
2
1568
1629
§
601
4
1014
a
16*20?*000*
138
Sotnl si lotiso&t all fjj^po&jjo * * * * • * • * * * * • • • • * * • * * * * * . * * * *
m i
4$*2i§#0®0*
43
84
* ■ » • * * * . *
fotol s'absoriljero oil gro&p* • * • * • * • • • * • * • * * • • • • • • • * • • • « • * • • • » *
Setal
3
1*?0®*000*
4
£*tf12t,0*O»
320
Bo* Allot#
Vo*
Sm%* 8008 to $*%•
IQ m m &
6 ^ 5 ,0 0 0 *
1 ,0 3 6 ,0 0 0 *
Bt*S§§*80®*
841
i
* 81 * 000*
19
Allot*
2§0» to
so o n
9 5 0 *0 0 0 *
a
2 0 0 *0 0 0 *
3 ,0 4 1 ,0 0 0 *
3*£ 14 »8 00 *
STo*
gti%*
1 ,3 3 0 ,0 0 0 *
\1,§S?*S0@*
si
1 *2 1 0 *8 0 0 +
Allot-*
10®# to
250*
21
fl
1808
fotml*
M0 *
g«k*
I #9®S*®®0*
3#?8§*S0®*
ifii
total* m * f # t #8®0*
Allot*
80# tt
10011
fiAii i f i s
283§ fl7 §900 *
SI 496
21
irmm mmm «p tmi mm or * mm
ABam wm m m mmm mm.m mm
of scsiauouf» m m m m $ mb m m m
mmmm im? mmtmmm) mmm mm
m
m im of k x b m k i m
cNufSllg
B in* M m m m M
MK(»HKr9 waa JF§ n# mmmm
1M%«4 Iia^HI
BCflPSSili;^ UfeMP
4ijQgl
32inOO@fTOO
17,236,300
68,915*15
4t^l|700
9,361.20
S4*C&3»7vQ
®WSHb31
4*707
U
Np-fW#
geoss m m tm s ecs bosses w e m e
1918
. _____ r
1N$KR0®ry
EalPOti
A pril
Mar
jttly
Ax^aat
ngyw tur
tffiaflHyy flaaq^pF
u .s.a a a d *
B is m is
ACTfHiptmiOWI and m t m
31*534,98
41*897.48
26*199*27
39*421.55
8 7 ,1 7 8 .8 5
129*007.00
S3S*790#3J0
266,281*91
8X d *0««96
U 0 .9 W .U
to ta l . 1*821*211*22
l $ t 648*08
4-907*48
'iipi#«hW4im
m
m
15*380.31
28 *36 1.35
5*292*78
2*207*96
1 ,9 4 8 .2 6
8 2 9 .7 7
7 ,3 ^ .6 5
2 4 .6 1 4 .# !
6 8 ,9 1 5 .1 5
2 U ,6 0 1 * 6 8
SJS &21
20, 178.11
1 5 ,7 3 0 .1 3
7*603.48
8*896*49
5 .7 9 6 .6 1
2 ,7 4 7 .9 9
2*986*60
$ f9 U 3
9 * m .2 9
116*370*30
mm*
jpty/y%tt BBdtSQO'SBlS
^t g|
•
m
m-
10, 624.42
*
*»
•
«•
«»
.»
*»
«•*
5*966*00
5*464*95
T «ft2M 8
6*579.05
7 .6 8 5 .2 0
4 .1 7 0 .0 0
B .« !L M
wfFPWWWlP
7*014*38
1 3 *4 3 ?*fl
10 *238.75
7 ,0 6 7 .5 0
8 *5 6 9 .0 0
16*624*48
89*608*05
m
m
«»
m
«*
a»
6*21
.rfe .B O U ^ t
myj| fiftHI
P so a ltle s
X J M .9 *
1 ,1 7 9 .4 6
660*11
1 ,2 3 9 .3 3
8 0 6 ,4 6
2 ,3 4 4 .8 5
3, 602.17
4 *01 3.92
4027*05
3*065*46
2, 745.12
2 1 ,1 ^ 1
B/h D rafts
SeXYiM <3lg»«&
Snttdty P ro fits
ff,?44> r^
4*334*92
§ ,0 7 8 *7 6
5»488*87
5*595*87
8 ,1 4 3 .6 7
3*869*09
143*36
129*61
8 7 ,9 6 1 .8 8
82^ 43*09
7 9 ,7 8 0 * ^
10 9,52 9*3 4
1 38 ,0 0 7 *0 7
1 5 8 ,6 8 2 .7 5
429.18
gyftaffg
383.09
aot,gt*
1 8 3 .8 1
iftj>yeanT|^
2 0 2 ,4 6 6 .5 9
X f*U I*48
3 8 ,2 9 6 .7 1
g*048*S84*0?
M M
2 ,7 3 6 .6 9
4 ,4 8 1 .5 7
2 ,8 7 2 .6 4
1 ,0 7 5 .8 7
8 2 7 ,9 6
702*88
481*41
AYerae© :tm th ly Grose SttmSagB fo r y ear
*
*#
"-nttnn—
**
n*t i w f i t *
Dlvtaimt ?ol&
iw s ig # Eoat&ly Giees Earnings la s t h a lf e f f » a r
*t
«
** **
w
<•
4
"
"
» t m flto
JPWJIljpl ^OwWlAy w m s w mwvmFQJL Ifflrnw&mWm WSmVm ®BW jrfK&F
Bat# per o«at o f let Baialagi on C oital ss#«l£ Jfer y«ar
<u^
T o tal
53.PST .25
im
ATO*29Pu*&$
5 ,6 3 1 .6 1
64*0*;
1 8 .9 S 1 .1 2
gg"-aia^-•jg —
8*68UTV
1 8 .1 ^ :
250*147*62
@P.f$,MILBJSLJj&feKIilSlL.
ffl[„,JPMTHSlOR 191>8j
l?cfct*vt4VUTfi
ExDonsoa
lot M m L m
January
87,961-8©
21,829.09
66,132,79
Toibrmrf
82,442.09
19,596.00
62,847.09
Jkrch
79,780.38
22,813.96
56,966.42
April
109,529.86
26,031.33
83,498.53
mr
138,007.07
26,667.46
112,339.61
Juno
158,682.75
30,134.15
138,548.60
July
234,197.95
31,336.35
202,871.20
August
250,147.62
41,607.26
208,540.36
Septos&or
208,150.06
51,284.20
236,865.86
Oetobor
236,362.03
38,696.63
197,665.40
JJoverafeer
182,225.19
36,039.06
146,186.13
Decsabor
8fift.4ftft.JML
total ainoo
Jan 1 , 2918
2,049,954.07
n t .i i i .f 4
464,408.23
U J3U M
1,585,349.64
£19&J££§SB<L.M &:
January 1 # 1918, to Iteoonimr 31 ,
• • •.j , a m j g
Total Sot tarning# for T «a r.--
...1 ,4 X 7 ,4 4 2 .ar
irmrn wmmm of mmma Assess m mmm
tm
_____ i
January
ttihVMgp
AprIX
a*
$sa©
July
August
Soptombor
Ootober
BcnnwSnm?
tkOM^Aif
Avor^i
m t
Averaso
X9X7
itxx*
n#s# BmSM &
M t o L .AflftSatoflOfi.
7*854*500*
XXf340t00O*
6*009*000*
X0*X80#000*
*0*420*000.
S9M 000»
3*044*000*
69*475*400*
52*694*300.
39*404*000.
38*009*700*
X*4*§*000*
4*090*000*
lX*aS?*000*
9«0tW<ttO»
X*447*O0O*
694*500*
473*000*
S07*300*
2fX50*O00*
§*911*000*
17,235,300.
4*697*200*
0*697*000*
5*968*000*
3*593*000*
3*X99*O00.
3*72X*000*
£*487*500*
1*575*000*
X»X34#300*
£*333*000*
2*834,000*
4,538*700*
3S*929*483*
4*8&4*750*
3*839*0X7*
7*370*500*
4*703*X00*
3*833*400*
-- SMftMOO*
Beiliowm%®
jfaaawfaL,
,
____
X*6O0*
4*885*300*
flM
t
**«**
«*
«*
*»
«•>
«*
#*
*»
m
<m
.
m
m
m
m
m>
m
m
m
2 1 ,2 0 2 ,6 0 0 *
2 1 ,4 0 6 ,0 0 0 .
1 6 ,8 6 7 ,0 0 0 ,
2 7 ,1 3 0 ,0 0 0 .
3 2 ,0 1 0 ,0 0 0 .
3 8 ,8 7 4 ,0 0 0 .
6 8 ,4 1 2 ,0 0 0 .
6 0 ,4 9 0 ,0 0 0 .
7 0 ,8 1 6 ,0 0 0 .
56,188»S 00.
49^ 500,000.
5 4 ,0 0 3 ,7 0 0 .
«*>
4 2 ,0 0 9 ,5 3 3 .
Ml
1 6 ,0 6 0 ,5 0 0 .
m
X33*S00*
gotal
mm&m mm. m mmmm m msnm m o t bt Honrss
m s
1918
U*8*BOJds a
*MMUKTjfattia ®ia*ss*fc®
Bills Di8O0USlta& fa* thadbmve*
Jaasswy
February
April
mgr
Jum
July
August
S^taofeer
October
Vl#IririlWPiPk
Hov^&or
SS0WBSb^0P
1918
.VQr&g©
191?
4*461^
m
m
M»
M U
B *m
4*7X1
49m
4*557
4*773
4*7X0
4*607
4*7X0
4*331
a#838fa
3*376
3#98X
3*352
£*79§
£*909
£*734
4*292
4*X8<$
3.962
3*703
4*127
4*5X8
4.449
4*380
4*053
4*869
4*3X0
4*289
4*309
3*£03
3*454
3*B84
6490
*•
«*
**
4 .6 $
4 .3 3 *
2*9^
4 .2 2 ^
S.13^
2 .0 $
£*054
fatal
m
4*04S?§
4.X74
4*3X0
4*186
4*529
4*481
4*683
4*640
4*640
4*661
4«££4
4«XX9
-
-
4 ,89 ^
2 .9 1 $
-
3 .5 0 $
mm
**
••
4*007$
«*
«K
**»
*•»
«•
**
<
N
>
m
m
■m
mmm m
lobs accquw*
1918
m m n . Jwap^yy It M M .
Dlstrifcated as follow® i
frs^forrod to fm e # U.S. a* Fr&ncMae $n*
»
« Swipltai J.eommi
*
JgiM^aaiw
7 0 ,1 5 7 .1 3
W #6G0#OO
37*500*00
n Mmmtft for Ouadry Bx.j>ens@s
jrjgtfMK..M il
Fro© Discoxjnts - Mmb®m and Fod. Bob* Biss#
*
"
** Acooptimcda Bcmg-ht
” tteitud States Securities
MM a t s
** Interest o» transfers
rt Penalties on DofSoiont Kesorvos
w B/L Erafts ~lxctiaa|j« ~Protost fees* oto*
" S o rrio * CfearpMi
l t664f970*lB
211,501*00
116*570*30
e .21
89*600.06
29,101*00
10*677*47
jkm *a§&tiaL
2*049,954.07
te a » g ig gte.3UMBUBM
Ea^enso of operation of Baak pvqptr
m 9m $*57
Cost of F*d. Baa* notes issued daring year
G h fin M
Cost of Fed* Boa* notos printed imt not yat fss# 46*700.67
Cost of plates* assuresaage ®to# In connection
with issuo of Fed. Eos* Basic notos
7*890*01
Tax cm Bai3& aoto Gtwmlmtim to Deo* 51* 1918 _ ■^-SsS^bSL
Bot earnings for year
l #586i646«84
,J e l , Sflrnlflflfi
V&alt Aeoonet c^mrgod off
Reserved for abrasion on Gold Coia
Dlfferonoo Aeoosmt
Pividond ** Period l/l/lS to 6/30/18
*
Parted 7/1/18 to U/m/W
Intoraet paid m surrandorod stock
tamsforred to "Baaarva for Franchise fa x*
£ransferr«d to Stu^ltts
£9*500*00
9*307*10
990*10
01,528.56
86*416*91
167*60
6G8,671.82
...
Month
M m ..._............ .-....Jm m xf
Fobrouiy
March
April
my
Juno
July
August
September
October
Kovaaber
December
CoqponaaHtsabor of
.M R lm m s ...... ......... ________ A lo n .JM 4......
60
4,846.10
01
S,081.01
S3
0,620.3?
6,107,14
64
66
7,424,69
8,905.09
69
7,602,00
76
79
7,687.66
7,789,66
86
3,656,08
90
9,679.06
m
.... ........ ... M l.................... .. ...........11^4?1*8IL... .
Totals * . . . .
* *
sn
96*742*67
Average Oospen... .... ^ L i o n raid*
_
96*92
98*45
106*04
96*67
112.57
150.21
100.02
98*57
90.21
95*06
104*12
____ __ 183*93,....... „
111*07
Bonus paid in Jana and Dooorabor inoludod in above figures................... . |9* 560*34
Average mtabor of clerks 1918
72
Averege monthly aal&ty of clerks 1918 flll*07
JBMKL..
Month
Ko* of etar
Offioore Coia- Clarks Coro- Total Cob- Amr&®& Monthly Gomployese.
peneation
ponsation
ponsatioa
peneation Offloors
____________________________________________________________________ m & s M x M n,____
January
February
March
April
m
ju*»
July
August
3ept«ber
October
l&veeiber
December
totals * * *
84
86
92
91
101
105
134
142
144
156
164
166
1465
3*916*74
3,916.66
3*916*66
3*916*66
3*916*66
4*893*66
3*892*66
4*087*48
3*977*00
3*973*00
3,989.00
_ 4.698*34 ...
49*094*52
5*477*10
5*823*39
6*046*90
6*513*32
7*048*51
10*906*81
10*217*26
10*922*25
11*792.14
12*396*73
13*398*85
22*858**2
9*393.84
9*740*05
9*963*56
10*429*98
10*965*1?
15*800*47
14*109*92
15*009*73
15*769*14
16*369*73
17*387*85
m
111*83
113.25
108*30
114*61
108*56
150*48
105*29
105*70
109*50
104*92
106*02
___M a*o a
123*401*98
172*496.50
117*73
Bonus paid in Jim® and Dooombor amounting to 416,130*24 included in above table.
Average number of Officers and Clarke 1918
122
Average monthly salary of Officers & Clor&e 1918 ^117*73
(Including Vault)
Total costa and charged off since opening of Banfc*
Ftara* a Equip*
total
..... agofoMMfl_________ Puaofaaaad
For
Bank It* M w l t
69,794*67
^ u it
rsaproojL&t Lon
1916 t 191?
C % d off
Charged off
Balaam in
Poo. 31.191?____ggAiaa.^M - ..... “ 9PSPP%..
6,703*00
32,964.25 50,47
_________ 40j00pjtQQ__________ §*500^00______ __&«m L o a .____ giiggo,fja___________
Total •
109,794*67
13,253.00
h s s « d 708 m m
36,664.25
59,976.42
m am m z
Boserirod for abrasion m gold Coin
Transferred from Profit & Loss Acooswt (surplus 1917
$
profits)
2,836*62
100*00
......
Total . ..................... ...................... ........................... ........................... .
19,754*88
157*13
3oserved for Tax on Fedar* 1 M m r m Bank lot® circulation to 12/31/10
Bo©sr*ed against Canadian Lieutenant* c bill
{To be credited sdv&noes Third Liberty Loan)
1.00
#
22,048.63
Sold Cola . . . . . . 4 £,172,890*
Oold Oertifioate*
6,180,720.
Storting sold iooount
sss,iee.
Sold Sattlewmt Fund
22,774,414.
Oold Redemption fund
4 t94ft.SB0« 187,279,6:58.
Sold Coin
# 6,689,000.
Sold Certificate*
8 ,2 7 1 ,0 )).
Sterling Sold A .a t ,
2 ,1 0 0 ,0 0 ).
90ld Settlement I'd.. 19,436,000.
Sold Redemption Fd
973.0A). $37,424,000
.asbtc 1918.
Sold
Oold
Oold
Oold
m b g l im i
Coin. • • • > . «
,0 0 0 ,0 )0 .
Oertifioatee
10,068,000*
Sattlonmt fond
40,800,009,
Redemption Fuad
2.016.410. $65,368,410*
Graad total . . . . . .
90Id
Sold
sold
Sold
Coin . . . . . . 8 ,0 >0,000.
Certlfloatee
10,102,00 ).
;.ettleent M
13,503.000.
Redemption Fd
1.309.000. 182,910,000,
.$63,147,93V
Average Balanoe In Sold .ettlement Fund of San* daring 1918
Average *felaaoo In Oold Settlement Fund of A;ent d aring 1918
#70,884,000.
. . . . . . . . . .
. . . . . . . . . .
$16,908,000.
#06,300,000*
flit amount of told oola ana certificate* feold ^ tlie lsa&£ i* considerably leas than
one year ago* d»e to tat faot that |10#000#000# in gold ooln and f? #S00fGQ0# la gold oortlfi~
oate* wens thlpped the 3ub~2reaaury at Chicago for oar oredit la the Oold faad#
la addition
t&ere waa shipped direct to the M W ’r*&anry by mm^mr amk»$ or oar credit* approximately
|B#000#000* Oar ateri&l gal* In gold fro® other fed*ral a »«w m Di»trei%* Am to drawing*
m those District* In eachsmge for F«do*al Boesrve Kotee, l* i*r?ply o ft*#t % tranefer* 00%
or tli* aold Trad aovering redisooo&tf for other Fedoiai i i u m Bank** During lflftf the
Agent *8 Oold Fond wa* oha*g*d #f*4O0#0OO* eo**rlng mfit n tea redo**** fey the ®r*a*ury
Imparta«at* fill* 1* a material increase la j*ro®nt6g« of unfit not**| the total destroyed
la three year* predodiag 1918 h$%m #9*W t0oo#
Daily aittlesaeat® in Oold fund ore now in effedt and statements are sent weekly
&y Federal Reserve Board for our verification* She Sreatury D e p a r t a l s o vatodt* weeicly
sta emflnta of the varioua Eedemptlon Funds*
CASH
HBCOBD
mrET&l BBSBBVE BANK OF MIMmPOLIS
December 51. 1918
Federal
CompartGold Cert.
Gold Cert.
Federal
Reserve Bank
Notes________Totals
ment________ Gold Coin______ Bearer_________ Or&er_______Reserve Notes
D
13
14
15
16
18
20
22
27
1.020.000.
Totals
2,135,000.
1,115,000.
2,000,000.
2,882,000.
1,190,000.
4,882,000.
1,190,000.
Payer
Gold Coin ................................... . . 37,390.00
Gold Cert if icates-Bearer , , , , • •
Gold Certificates-Order . . . .
Federal Reserve Notes
. . . . . . 207,600.00
120,000.
615,000.
1,115,000.
2,000,000.
4,072,000.
100,000._____________________ 100,000.
144,000.
144,000.
96,000.
96,000.
500,000.
500,000.
1.020.000.
1,095,000.
360,000.
Receiver
28.720.00
1.019.77
510.895.00
3,850.00
33.055.00
38.620.00
355.135.00
161.08
345,613.77
970,436.08
Silver Certificates ...................
I&tl and other Fed. Rbs . Notes .
Miscellaneous
495,000.
Reserve
9,662,000.
Totals
2.135.000.
4.882.000.
1.190.000.
1.095.000.
360,000.
2,172,39QQ0
4,910,720^
1,190,000.
1,813,495.
463,454.
33,055.
38,620.
355,135.
1.180.88
9,662,000.
10,978,049.85
In addition to the above Gold Holdings, there were £50,000. in Gold Certificates in
transit to the Assistant Treasurer of the United States at Chicago on December 31st
for our credit in the Gold Settlement Fund at Washington.
FEDERAL RESERVE BJfflt BOTES
Circulation Account Close of Bualn««» Decariaar 31. 1918.
$1.
*2.
"iS.
Received from Comptroller,..
2,830,000.
992,000.
820,000.
° * Hand...................................
- H h flL
J M ih .
W j $82*
In Circulation......................
2,560,388.
908,158.
T O ,000.
Total
4,632,000.
4,168,546,
United States Securities with Treasurer United States to Secure Circulation.
1-Year Treasury Hotes 3$.............................. $
United States Certificates of
Indebtedness 2 $ .....................................
530,000.
4.350.000.
$ 4,880,000.
Our first issue of bank notes m s made on September 20, 1918, at which
time we had in Washington as security $880,000. in 1-Year Treasury Hotes.
tax based on this security was 1-1/2 per cent.
Our
On January 1 , 1919, balance of
our Treasury notes matured and were replaced with special United States 2$ Cer
tificates of Indebtedness.
To date the cost for plates and ezpressage has been $7,898,01. while the
circulation tax to Deceaker 31, 1918 (103 days) is $2,836.81.
As the Governiaent’s
contract with express cox^anies will not be renewed, our shipping charges will be
materially higher in 1919.
BBQOBP. o? r m m u t s s m s m am beobitsd man the oo«m cm Bt of toe orommoT.
atop. OPWUBg of Bartt. ttwati Iw w i . Bel«reed and Destroyed a» of Pwmber a . 19IS.
leaatved
from
Returned to
Agaat l»y
...laafc...........
Issued to
nmfr
LlewJ
le&ssned to
1M id i
Returned by
i g « t fbr
Destination
On Band
5
S I,840,000.
7,142,000*
29,960,000.
2*882,000.
4,260,000.
1,880,000.
10
48,560,000.
3,320,000.
46,2(50,000.
775,000.
2,545,000.
2,360,000.
m
38,880,000.
£,278,000*
37,040,000.
1,255,000.
1,020,000.
1,840,000.
50
2,000,000.
155§000*
1,910,000.
130,000*
25,000*
90,000,
100
3,200,000*
210*000*
180,000.
30*000*
r. 280,000.
124,480,000.
18,102,000*
5,222,000.
7,880,000.
6,400,000.
Doatw.
116,030,000*
Oar Unfit Hats* returned to Our OafIt BOtee r.twned to
I i m h w *f tt. DaltM
T n t n r v of th« DM.ted
Oar Oiftt Hotoo rotarnod
statM by rafenl I t t r n
state. Igr Other y«d*ral Roto OoaptwUMr
B«"» ■»* m«ia«aim-__________ »«rr. Saatau____________________ m » othor Soorao*
e
£80*000.
5,323f780.
1,696,880.
10
166,000.
2,781.610.
1,197,690.
SO
80,000.
1,366,660.
616,880.
SO
0.
6,800.
20,960.
100
.....„____J b .
9 .7 0 0 .
4 8 6 ,0 0 0 .
7 ,4 8 7 ,3 6 0 .
in,. ■
3 ,4 6 3 ,2 4 0 .
Total Hotel Destroyed to
total Sote« is Oireulatioa
Defcw.________________ PQWMber 31, 1918.__________ M 9m **r 81. 1918. (All gp»t«.i?aldl
6
9,430,660.
20,689,840.
10
6*679,100.
39,530,900.
20
3,080,780.
33,989,220.
60
62,780.
1,867,260.
100
62.300.
2.887,700.
19,306,590.
98,724,410.
L a s
Total
l
mm | 11*760*000#
Used
0#
...
lew | 24,280,000.
Used
0*
Used
# 11,760,000#
.J M
U
fj 24,280,000.
.
Ha® §
Used
$
1(030,000.
1,430,000.
0. f- 1,430,000.
fetal
„ » ft„
lew # 18,640,000.
0.
Used
JCSISL.
JW» 0 1,030,000.
How $ 67*140,000*
0# $ 67,140,000
Used
| 18,640,000.
0ur total Issue of federal Baser?© Hotas since opening of bank is
1 118,030,000# and of IM s m o m t #§7*140*000* was put in circulation daring 1918#
At
no tias daring the year did the Agent tore any us ad notes that wore fit for circulation on
ted,
The ooat toned demand mad© it aeoessaxy to steadi3y issue new M i l s .
WiXlm ms? Ms-
triot dam aid ifcr 5»s regained approximately tbe same as In 1917, tbe deaaad fOr 20 fs ia»
creased 40$.
Our big gain in issue of 10 fs Is accounted for by tbe fact that ctaring S M i i r
and Decentoar tbe Traasuiy Departront at Washington mad* use of | 9 *000,000.
Goats of preparing notes at Washington increased 23$ m July 1, 1918—-the
advance being from $36#36 to #44.75 par 1000 sheet« •
During tbs year a total of #114,286*84
was charged off covering oo3t of FQdaial Baserre Hotes#
Ho^evor, #46,708.67 of this araount
represents Bureau of Engraving charges oa notes prepared to m m & w 31, 1918, and not yot
issued by us.
Total costa of notes since opening of bank #186,589.99.
our arrangement uHth the Fedoral B osom Board to maintain at all timas
at w&snington and in Sub-Trsasuiy at Chicago* a supply of #50,000,000* of m r notes, is at ill
in of foot,
the Board, howwrer, ordered an additional supply of approximately 113,000,000.
during October last,
The tablo below will indicate isiiare our surplus notes ar® bold and tbs
amount in course of preparation*
# 5,200,000*
jm .
1,960,000.
..m
8,160,000.
^is a u .
1,360,000.
1,840,000.
A
i m
i M
i M
8,720,000.
£00*000#
000*000.
0 * 000* 000-
10Q«a
1,200*000#
21,240,000.
i l ..agum .g a m t
*a
1,800,000*
..
6*8
5,040,000.
J O .
7,240,000.
20%
9,600,000.
>0»s
*8
0#
400*0004
#1000 bills being printed at m shington*..*..
, 620, 000.
.f f i t lllf c
m $m mv
Compart~
1
500,000*
2
800,000*
8
TOO,000.
800,000.
•00,000.
700,000,
1,840,000*
8
8
90,000*
280,000,
80,000.
80,000*
T
1,400.000*
8
980.000.
1,880,000*
2,210,000.
2,380,000*
1,400.000.
S W .000
1,840,000*
Ordar Certificates
90,000*
280,000*
Bearar oartlflaataa
8.460,000.
N tll
4
8,000,000
1,000,000.
8,000,000*
5
1,240,000*
2 ,BIS,000.
4,052,000*
9
1,000*000*
1,000,000
20
1,000.000.
1,000,000
11
3,000,000*
6,240,000*
3t812,000*
I3,06£f000,
Paper keld as aallataral*• • • • • • ........• • • • * • • • • • • • • • «
#
53,816,958*58
Age»t*« Pmd at ;&shingtoa... . . . . . . . . . . . . . . . . . . . . . .
40,800.000-00
Agwtfca?lYa Par Caat B a d a lia n ..............................
2,016,410*00
Oold Ootfc and Certificates Held*.* « . . • • • . • • • • • • . . • •
13,052,000.00
fatal Fadaral Hasarra Notes on Hsad********....... 6,450,000.00
fatal Federal Reserve irataa Destroyed.* • • • * * • • • • • • •
19«505«690*Q0
fatal....................................................
I
135,440,958*68
Hotaa received frm coaptrallar ta 1 2 /3 1 /1 8 ......* •
#
124.480.000*00
Bxoaaa witl* Agent... * . . * . . . . . . . . . . . .
#
10,980*988*58
*i *
o
TOIAL AHOUHT OF REDISC0UHI3 BY BAMS AS 311 DJSCEMBjjB 31,
19X8
AflD AMOUHT SEDISOOOB’JJED DORIHG SHE MOUTH
MIMESOIA
Amount
Rediscounted
for month of
December
name of
Town
Same of
TVinlr
Adams
Adrian
Albert Lea
«
Alden
Alexandria
Amboy
Argyle
Atwater
Austin
tt
Balaton
Beaver Creek
Bemidji
Benson
Bla&kduck
Blue Earth
Brah am
Bricelyn
Brockton
Cambridge
Ceylon
Clarkfield
Cottonwood
Crookston
Beer Creek
Peer River
Detroit
Podge Center
Elk River
Elmore
Emmons
Eveleth
19
Fairmont
»i
ft
Fulda
ffilbert
Grand Meadow
Grand Hapids
Grey Eagle
Hancock
Hendricks
Herman
Jackson
f»
«
Kasson
Kiester
lake Benton
Lake City
Lake Crystal
Lakeville
Lamberton
LeHoy
Lewiston
Litchfield
Luverne
w
first National
22,000.
ft
75,500.
Citizens National
First national
40,000.00
«
20,000.00
n
n
n
15,000.00
tt
Austin national
First national
260,000.00
n
35,000.00
tt
34,000.00
tt
10,000.00
n
25,000.00
n
3,332.20
Farmers national
21,649.02
First national
«
11,666.15
f«
6,000.00
tt
39,000.00
tt
Clarkfield State
20,000.00
First national
Merchants national
50,000.00
First national
9,674.72
it
5,000.00
Merchants Hati onal
First national
tt
14,000.00
w
n
39,315.00
n
20,000.00
Miners national
64,000.00
Citizens national
First national
40,000.00
Mart in Co* natl.
50,000.00
First national
85,371.74
tt
55,000.00
n
4,516.75
ft
n
5,000.00
n
Faffiners national
50,000.00
First national
Brown national
First national
51,000.00
Jackson national
15,000.00
Hatl. Bk. of Podge Co.
First national
national Citizens
10,000.00
Lake City Bk. of Minn*
First national
«
«
14,000*00
tt
74,000.00
Security State
19®, 2)00.00
First national
60,000.00
Farmers national
35,000.00
Bock County
Amount he]
end of
month
11,000*
35,500.
13,850.
20,000.00
11,688.76
12,265.69
160,000.00
10,000.00
17,000.00
10,000.00
15,591.
3,332.20
41,095.63
9,138.75
21,226.51
24,000.00
20,167.45
9,674.72
5,000.00
1,080.22
11,112.28
39,843.61
7,012.07
20,000.00
25,000.00
65,900.33
19,016.75
20,000.00
6,182.58
27,756.98
43,096.70
25,583.01
1,566.00
10,000.00
11,662.73
8,$55.73
7,360.18
22,000.00
90,000.00
34,280.00
11,437.55
ASOPttUt
lam of
town
Mam of
Bank -
Ma&olia
”
Mankato
*
,f
Jlapleton
Marshall
w
Minneapolis
0
w
*
w
”
Minrieota
Minnesota Lake
Morris
loir Bichland
”
Horthfield
*
Olivia
Oaa&ls
Osratoana
w
Pipaatono
Plainviow
Bod flag
Hedweod falls
Monvillo
Eooho8ter
Eojraltoa
Email City
HuehBJore
St* Oiw lee
St. uloud
St* James
St. Paul
m
ff
«
firat national
3tat* Bm k
First? fational
Batl*£k, of Uom*
latl* Citlftong
*
30*-St* ^aal
Shorbum
Spring fallow
"
rediscounted
for month of
Deoembor
16,£38*88
40,000*00
304,306*36
B6t0O0.00
803,800*00
fire t $at ioaal
«
50,000*00
X*yon uo*
Bsmkera tf&tt onal
Firat & Sooy.
Lincoln l&tional
Metropolitan latl*
340,377*50
Midland Jt&tional
lortiiifootora latl*
S tam m & Morebanto
34,000*00
first National
Morris latl*
first latl*
Stato Bank
first
Jational
26,000*00
lorthfiold latl*
Peoples first latl*
30,000.00
First latl.
M
30,000*00
latl* ffrsmra B u
first Sail*
"
first latl*
86,000*00
"
30,000*00
*
Union latl*
first national
*
15,000*00
»
48,000*00
n
9,778*59
«
40,000*00
Q itlm m latl*
Oafital latl.
500,000*00
Uen&ral Bank
143,000*00
first National
mmhmwm JfaHoaal
595,940.00
Uatl.Bk. of aom.
40£,700.00
n a tio n a l Em hzm g®
Sicchangt Stato
Shcsrbara latl*
1 0 0 ,0 0 0 .0 0
13,800*00
10,000*00
Farmer© Stato
f i r s t National
ffclof Rivet Sails
"
Ul«n
*
15,000*00
Tlrgiaia
Mmr* £seh* Bank
£§, 000*00
w
Firat latl*
100,000*00
Wabasha
w
fadena
n
fasooa
farmars latl*
100,000.00
*
first National
foloosio
//olcorae latl*
4£,080*O0
foils
firat lam *
185,000.00
"
falls National
146,47t*9f
ateotbrook
first national
50,000*00
Willaar
»
85,000.00
*'
Kandiyohi Co.
400t000*00
Wilasont
first national
111109* 16
Windom
*
33,000.00
finnabago
Blue ilfrth fljr.Hatl*
19,000*00
*
first latl*
48,994*08
ilorthingtoa
uitiseas latl*
§4,000*00
5,922,829*51
held end
o f taonth
3S.187.66
,
10 000,00
184.942.80
102.966.81
749.00
2 7 ,6 7 7 ,2 1
£40,377.50
46,464.71
7,617.80
7,093.74
31.SS1.04
4,280.00
856.00
26,000.00
15,000,00
4,610.44
£5,500.00
30,BBS,BE
14,631.09
40,000.00
IS ,667.38
160,000.00
100 000.00
,
587,400.00
6 0 ,0 0 0 .0 0
5.150.00
2.284.00
,
4.680.00
6 000.00
100 ,000.00
0 0 ,0 0 0 .0 0
9,643.89
70,482.29
96,229.49
20 000.00
50,000.00
176,000*00
16,643*79
,
8,500*00
38,397*08
48*769*7%
,£19,462*80
IORTH ElfOTIi
Haase of
Town
Hum® of
Bank
Bdsaiarck
Bottineau
Dickinson
last FairTleit
Fllendale
Fargo
Fingal
C&rrison
Hope
Jamestown
«
tangdon
Mandan
Marion
Maraarth
Medina
Mohall
Mew Rockford
Ryder
Sentinel Butt#
Steele
Tolley
Van Hook
Will inton
Willow City
Wyndnsere
First H&ticiml
■
Dakota national
Jirf»t national
Farmers national
Merchants *atlcnal
First national
11
Hope national
Citliens Hatlc^a!
James River national
First national
Merchants t*tl
First national
Amount
Rediscounted
Amount
for aonth
T'eo'-abBr
held end
o f month
l c0 , 000.00
65 , 000.00
7 5 .0 0 0 ,0 0
1 5 t 2 6 2 .5 2
3 , 006.05
>>,000.00
2 , 500.00
1 5 , 000.00
W , 000.00
* 0 ,0 0 0 .0 0
30, 000.00
£ 0 ,0 0 0 .0 0
•
«
*
»»
N
2,086.33
6 , 705.12
9,403.40
•
«
6 P 8 .0 2
41,000.00
ft
ft
«
5,000.00
II
16 ,500.00
13,792.89
*
361 , 000.00
2 1 5 .9 7 M 3
30, 000.00
42 716.63
2, 000.00
445, 000. 0?
36 , 000.00
10 , 113 .95
2 0 0 ,0 0 0 .0 0
2 6 ,2 0 2 .7 8
16,500.00
26.049.15
14,201.14
33,653.26
17,500.00
45,000.00
13,5«0.30
49,504.89
40,890.69
SCO TO BA*D#A
Arlington
Belle Four©he
Brandt
Brooking®
V
Carthagt
Castlewood
Chamberlain
Clark
Clear Lake
Colman
Custer City
Dell Rapids
»
BeSsaet
Fgan
Ilk ton
Fairfax
Ft,Pierre
Gregory
»
Hecla
Hot Spring*
Howaid
Huron
ftennebeo
Lake Horden
Lake Preston
e
Madison
Mllbank
M itchell
First Ifatlonsl
II
II
Bank of
Fir&t national
«
»
Brule national
Clark Co. Natl
First national
«
it
11
Ho»d national
BeSsiet national
First national
«
»
Fort Pierre Ka.tl
Sregory Satieunl
first **tienal
Farmers & Merchants State
Pe&ple# national
Howard national
First national
*
*
Farmers Watlcral
Fir^t National
First Hatleiml
9
*
49,219.03
,
20,000.00
2 0 ,0 0 0 .0 0
28,290.03
8, 350.00
<51,480.02
41,800.00
28,890.03
20,933.10
40.485.16
£ ,0 0 0 .0 0
9 , 088.26
14.100.00
,
16 326.00
30, 000.00
43,900.45
7.77^.67
2 9 ,8 6 6 .2 8
2 6 7 ,4 0 4 .6 0
19,486.40
41,479.22
34,801.50
62,325.91
12,751.95
20. 000.00
203,005.14
65 000.00
84,000.00
42.000.00
£ 0 ,0 0 0 .0 0
33,7*9.85
# 0 ,0 0 0 .0 0
13 . 000.00
40.000.00
.
4
Amount
Bediscounted
for month of
December
Amount
Bame of
fown
Bam# of
Bank
Mitchell
Mitchell national
Western lational
First national
100 000*00
11,170*47
90,192.74
17,204.27
American national
com Belt National
Minnehaha Hatl.
Scandinavian A©er*
Security National
Bionx falls fa t!.
Bioux Falls Savings
First national
Stock Growers State
Security Batl*
First lational
Security Bank
Firet lational
First lational
1 0 0 ,0 0 0 * 0 0
0 ,6 8 6 .1 1
14,842*04
*t
Oldhtm
barker
Bedfield
Scotland
Sioux Falls
w
n
n
w
3i@s#ton
timber Lake
Watertown
ftbster
n
W@ssin.5t 0n Sprla.ra
Winner
Woonsocket
Brockton
Browning
Carter
Oircle
uolumbus
Oonrad
Out '***$?
Denton
Dillon
it
Dodson
Forsyth
w
Fresno
Geraldine
aeyser
Glasgow
n
Great Falls
Hardin
Highwood
Eingham
Hinsdale
Hobson
Intake
Ismay
Joplin
Kalispell
Lambert
Laurel
Lettstown
Haahua
Opheim
Flevna
Poplar
Bapelje
Hammond
»
«*
First lational
Denton State
Beaverhead State
Security State
First lational
ABserlcan lat ional
first lational
n
*»
,
50.000.00
90.000.00
I S ,853#08
113,000.00
4 2 , 988*00
Slasgow Batl*
vjommorcial latl*
Stockmens latl*
First lational
Hingha® State
First lational
6 ,0 0 0 * 0 0
19,139*08
06,000*00
22,988*05
1 0 000*00
46,647*IE
19,304*90
13,280*83
2,028,348*60
1409,081*08
,
2 0 ,0 0 0 * 0 0
9,117*10
,
6 000*00
3,781*99
7,431*97
14,978*64
13,405*30
57,841.06
48,803*96
14,680*31
1,363*20
6,399*20
4,000*00
1,381*00
3,543*75
9,713*30
it
n
h e ld end
o f month
19,462*31
19,999*70
11,601*35
-,660*07
4,196*04
9,000*00
1 2 ,0 0 0 .0 0
80,700.00
0,801.00
9,816*69
21,624.70
11,470*42
10,889*08
18,000.00
11,414.08
10 000*00
7,100.00
Citizens national
Umpire Bk* & fr* uo*
First National
,
7,507.00
4,110*15
5,031*08
15,699.66
6,230.40
6,003*08
420*0©
22,978*71
3
- ^
Amount
Hediaoounted
for month of
December
Amount
held end
of month
name of
fowa
Mom of
Bank
niohey
Honan
Roundup
first national
ft
W
Woundup national
First national
w
12,484.70
Tellowatone Bk* k fr. CO*
First national
American national
1,990.20
3,360*
36,155.96
»
Citizens natl*
First national
154*92
34,072*44
2,065.84
5,085.72
Shelby
Sidney
V
Stevensville
Three forks
w
fownsend
folf Point
n
2,065*84
2,625.00
148,421*78
476,397*83
£3,555*99
252*94
222,000*00
85,784*43
fisconsin
Balsam Lake
is arron
Boyceville
Kllsworth
Glenwood City
tt
Hayward
Medford
Mertill
»
Mondovi
Mem Richmond
Park Falls
Stone Lake
Whitehall
Polk County Bank
First llatl.
Bank of BOyceville
Bank of Ellsworth
Farmers national
First State
First national
«
Citizens national
Lincoln Co*
first national
Bank of
Fir&t- national
R
Peoples Stat*
19,500*00
£0,000.00
93,000*00
S5.000.00
147,500.00
65,000.00
8*000.00
5,079*55
SO,000.00
648,635*54
80,000*00
16,851*04
6,608*58
10,000*00
40,000*00
137,500*00
86,594*90
86,000*00
4,000*00
5,079.55
377,006*44
MI CE IQAS
Bessemer
Eseanaba
Gladstone
it
Iron Motmtain
Iron liver
Ironwood
Manistique
Marquette
Menominee
tt
Heguunee
Ontonagon
First national
Bsoaaab& national
First national
Gladstone St* Svgs.
Commercial Bank
first national
Gogebic lational
First national
Marquette national
First national
Lumbermono natl*
Negaunee natl.
First national
16,000.00
125,000*00
43,000.00
8§#000.00
100,000.00
85,000.00
40,331.47
60,000.00
90,000.00
800,360.00
15,000.00
799,691*47
85,000.00
88,000*00
55,000.00
100,000.00
86,000.00
80,087.50
56,073*98
89,000.00
398,161*48
BS&AKXU Lm OV
Amount rediscounted lay cumber banks during December
Member banks liability account rediscounts
Acceptances purchased during December
Paper rediscounted other federal Reserve Banks
9,908,986*95
6,096,583*90
10,346,655.07
45,037*465*00
-40
tfame of
Mmm of
Toma
t36UlK0IrS 15&$X01211*
Minneapolis* Mian*
S'atiooal Sxoibangti Hassle
St# f*a it IKtasu
4 9 t ?§?*20
?ir«t Rational
fo*aa®«Mt lo»t«
21*413.00
5t8MU«»
n f0 H # n
4^1
m a im of phocbdibb 11 m z m variche a udits
AHD SXAMBfATIOSS OF THS FSIKB&L HESERVE BkM
OB MIHHEAPOLIS - BY THE A 891*180 DSPABSCHBSff.
All departments are audited at different dates each month, no depart
ment knowing in advance date set for its examination*
Bills Disco iwted - Member Banks Collateral
fetes and Acceptances_____
The amounts of all notes are listed on audit sheets once a month
and totals reconciled with the accounts on the General Ledger.
The
notes are examined in a general manner when listed to note any irregu
larities that might impair their eligibility under the Federal Reserve
Act, or their validity under the Uniform negotiable Instruments Act,
All M ils appearing on statement to the Federal Reserve Board (B*3>* 4}
are c3ieoked against those listed on the application for discount which
has been approved by the Disco iaat Committee*
Bill of lading Drafts
Amounts are listed in detail on auditing sheets once a month and
total reconciled with General Ledger.
It is our intention to send
out lists for verification an! return to the Banks holding these bills
for collection, also to the Banks from 'dim the drafts were received
about every three months*
United states Securities
We m intain a conti quotas audit on all {Waited States securities
owned and in addition at various intervals we cheek up those on hand
with the balance as per the General Ledger*
When securities on hand
are increased or diminished, we see that the entries made to the General
Ledger correspond with the amotat of the securities taken in or out of
the vault*
In regard to securities held at Washington on our account,
we receive the adviees from Washington and check same against the
actual entries in the General Ledger*
Periodically the balances on
fee books here are forwarded to Washington for their verification*
Prealua on United States securities
A continuous audit is maintained on this account, that is, we
check every entxy in and out of it*
Accrued Interest on Uhlted States Securities
This account is audited monthly by figuring interest earned on
bonds owned from last quarterly paymant and on Treasury Certificates
of Indebtedness from the date of issue at the various rates to the date
of the audit*
The gross amorat of interest f i gured should agree with
the amount of debit of this account*
Interest lamed on Ufaited otatcrs Securities
Interest is figured each day on amount of the various securities
held for that day, the amount being credited "interest Earned a/eH
and a like amount is charged "Accrued interest on U.s* securities” *
Account is audited periodically by listing securities owned and figur
ing actual interest to the date of audi t*
A continuous audit is kept on all reserve cash. ficfcets cover
ing amounts in and out of vault are initialed by the Auditing Depart
ment*
faring Tellers Cash
and
iteo»lTlng Tellers Cash
Possession is taken by the Auditing Department of cash in hands
of fellers on morning of the monthly audit before it leaves the vaults.
All money is then counted in detail and verified with figures on the
General Ledger*
....&p M
Statements of this account are received weekly from Washington
and are checked by the Auditor against the entries on the General
Ledger*
-
MtlgJBEJat JftmflL
We have daily check on this account. The balance being wired
by the Federal Beserve Board dally, any differences between their books
and ours are iwaediately traced*
Exahangaa far Clearing Honan
Once a month at the close of business for the day, after reconcil
ing with total charged General Ledger, we take possession of all the
items charged and put each Bank’s in an envelope under our seal* A
letter is enclosed, signed by the Auditor stating amount of contents,
and embodied therein is a request to the receiving Bank to verify this
amount, also to notify us of any returned or irregular items in the
parcel* A record is kept to see that all receiving Banks return this
verification* ^he account in the General Ledger is watched to see if
entrled wash out from day to day*
Checks and Other Pash Item ,
Listed in detail on audit sheets from the items themselves and total
reconciled with the General Ledger once a month* She account, too, is
carefully watched from day to day to see that all items wash out*
Hold Oyer Hall and Items (Hot entered on books!
We do not have this class of items frequently but when such are
on hand same are audited by checking the items against the letters
aooon$anying them and ascertaining that the proper entrled are made on
the records the following day*
....Vm t r m
B a s te ,
Carbon copies of the remittance letters dispatched to the
various Meufcer Banks on which charges have been deferred are obtained
from the Manager of the transit Department once a month* $he amount
of each letter is listed on audit sheets aid the total reconciled
with that on the General Ledger, fhese letters are then held in the
custody of the Auditing Department and charged by them to the Member
Bank's leserve account as they mature*
Once a month the amount of all remittance letters dispatched
to Mon-^ember Banks (and not yet remitted for) are picked up from the
register of such letters in the transit Department * these outstaad-
lag letters are listed on Audit Sheets in alphabetical order and the
total reconciled with the General Ledger. As the checks in payment of
these outstanding letters are received they are checked by the inditing
Department against the letters enclosing them and the letters themselves
are used to marls off the outstanding items on the Audit Sheets.
Pne-from federal 3b serve Baaka-Delagred Account
All credits to this account are marked off daily by the Auditing
Department.
One man devoting all his time for this purpose* At the end
of every two weeks all items unaccounted for in each Federal ifeserve Bank
account are listed and total reconciled with the General Ledger account.
A detailed statement is then rendered each %deral % serve Bank of all open
items, who reports as to their fate and in this zmnner everything is traced.
Capital Stock Account
Balances are run from Capital Stock Ledgers on Audit Sheets once
a month and total reconciled with the General Ledger. All debits and credits
to the General Ledger in Capital Stock account are checked by the Auditing
Department.
Stock Certificates
All certificates as issued are checked and initialed against
entries in the General Ledger prior to having them signed by the Bankfs officers*
Due to Member Banks Reserve Account
Daily statements are rendered Member Banks of their accounts.
Toe Auditing Department at the close of each month forwards reconcilement
blanks to be filled out by the Member Bank and returned to the Auditing
Department. All exceptions are traced as speedily as possible and considerable
pressure is brought to bear in case
Bank fails to return its reconcilement
form. Balances in Member Bank ledgers are listed once a month and total
reconciled with balance shown on the General Ledger.
Humber of Accounts not Reconciled
At end of Month
A list is taken of all banks whose accounts are not reconciled
at end of the month, fhese banks are written to until their reconcilement
is forthcoming. Ihen it seems impossible to procure the reconcilement in
this manner, the matter is referred to the Chief National Bank Examiner of
the district for attention.
Government Deposits
Dally transcript is rendered the treasurer of the United States
and any discrepancies are traded out by the Auditing department on notice from
the treasurer.
Cashiers. Banaense. Return items and
Liberty M m Ohe_oka
Requisitions are cheoked daily with check registers and amounts
credited to those accounts in the General Ledger are compared to see that
they are in agreement with the total of the registers for the day. Once a
month the outstanding checks are listed on audit sheets both as to number and
amount and the balance is reconciled wltfi the General Ledger. All checks
outstanding as at the date of the audit,
"4**
and which come in later, are marked off on the audit sheet before being
passed to the files.
Bg&han&e. transfer and Other Drafts
All entries in and out of these accounts are checked by the
Auditing Department.
Expense Current and Expense
Liberty Loan and War Savings
All debits to these accounts are 0. K. *d by the Auditor.*
Cost of Unissued federal fleserve Currency
Continuous audit —* all debits and credits to the account are
checked by the Auditing Department.
Postage Account
Transit Manager buys postage stamps in lots of #150. of which he
has the custody. Daily he releases to the mailing clerks sufficient postage
to take care of the outgoing mail for that day. All letters repairing
postage pass throu^i these clerks. Most of the Bank's letters go in stamped
envelopes •afeich bear the bank’ s printed label. ©ie possibility of anyone
except the transit Manager redeeming these envelopes from the Post Office
has been provided for. She Postmaster requires the transit Manager’ s signed
order before he will replace the stamped envelopes with stamps. Loose
stamps are a llie d to envelopes by use of the "Mailometer” so there are
very few loose stamps in the hands of the mailing clerks at any one time.
She Auditing Department periodically counts the nus&er of outgoing letters
for a given day and sees that the total is an approximate average of the
total charged for month.
Postage on Outgoing Mone^ Paroels
We keep a continuous audit on this account. All debits are
checked by the Auditing Department. She Beceiving feller keeps a revolving
fund of #50.00 to cover debits.
antea
Bills Discounted and Acceptances made up and checked twice in
Discount Department. f£he Auditing Department checks daily all applications that
have been passed by the discount committee with form B. D. 4 and also in a
general way checks interest credited unearned discount account.
granafera Bowgfrt & aola
At present the earnings on these items are checked by the Assistant
Cashier in whose department the entries are made up.
Banaltles on Deficient Reserves
At present all entries in this account are made up under the cashier
who initials all tickets*
Interest Sarned and Unearned on Warrants
Interest is added to face of Warrants when purchased and amount
credited to Unearned Interest on Warrants account* Daily the amount actually
earned for that day is figures and debited to Unearned Interest and credited
to Interest Earned account. Accounts are audited by checking all amounts
credited to Unearned Interest account and periodically checking all credits
to Interest Earned account.
Unearned Discounts on Bills Discounted
andlcceptances
Totals are taken from the maturity tickler for each rate and date
of maturity* Interest is figures on each total to end of period and total
of the interest is reconciled with the total in Unearned Discount account
in the General Ledger#
Incoming Currency Shipments
All letters or advices in reference to incominj currency are
received by the Audi tins Department and registered* These letters or
advices are then turned over to the Beceivi ng Teller* The Auditors
register is checked daily against that kept by the Teller and is cheeked
ag dnst the credits to the Member Bank’ s % serve account*
Qatgoiaa Currency Shipments
Currency shipped out is registered daily by the Shipping Teller*
This register is passed on to the Auditing Department where four copies
of an advice are written* One< copy is enclosed with the remittance#
another is sent under separate cover to the bank, which they return to
us acknowled^aent receipt of the currency* The third copy is used as
a debit to the Band’ s account who receives the currency* The fourth copy
is retained by the Auditing Department and is held until the copy
acknowledging receipt of the currency shipn»nt is received* Beceipts
for currency shipped if not promptly received are insaediately traced.
Federal Beserve Agent*s Department
On Federal Beserve Notes and Gold & Lawful Money held, we keep
a continuous audit having joint custody with the agent *s representative and
we chec-i all entries*
Items held in course of Collection
These are verified from the Collection Begister periodically by
sending out verification lists to the Banks to whom items are sent and
also to the Banks from whom we receive the items.
Securities held for Member Banks* etc*
We have a continuous audit on all securities held, We are
now installing an independent card reoord on which all securities held
will be listed according to Banks* The Auditing Department has a
representative check all enclosures with the registered mail man when
received. When the securities are deposited in the vault, the Auditing
Department receives a detailed list of them from which the card record is
posted, likewise when securltes are released from the vault a similar list
is made out from which the cards are posted. The originals of these deposit
and release lists are passed on to the Collateral Ledger to be posted.
The securities on hand as per our card record will be compared tBfrom time to
time with the records as per the Collateral Ledgers and any differences
located. Svery few months it is our aim to send out requests to the Banks
for whom we hold securities to furnish us with a list of same, so that we
can compare with our own records and trace any discrepancies. Minneapolis and
St. Paul Banks will verier more frequently, due to the fact that their entries
are counter transactions*
. g l d O A L
A i* a M rI ‘ 1
jt- A ii i 1 k J M ‘X
^
SJIAJL&KJLLJLIJI.K ... ILXJUULU U b
m m m oKim n ~ p ^ n u r o at c&BBif -
la m
i g ,#
i i i i i i M i i i i M
i*
All payments for Bonds received l>grthe SoYonuaent Bend
Department are watered on a dally proof s&eet *hich is balanced at
the dose of trainees eacfr:i&ayf and the total petted to the Sener&l
Ledger* fhese totals ajgjeasiiag m tfce General ledger are checkad by
the Auditor* All cash reoelwd Is charged to a suspense n « m i sad
later tmsfMmd to the ~reasiarer*s amoral Aceoant* both m the
General Ledger of tie Federal Beserve Bank end the Fiscal Agents*
General Ledger*
A dally check is maintained to see that all
are ptt>p©rly aad* on the Gaoeral Ledger.
transfers
A eogy of the daily transcript
of the treasurer*8 General acmmhukt is f w i s h e d the jso&dlter for the
purpose of Keeping a daily cfceofc on all aatries pit throu^ by tie
Fiscal Agents* Department*
Bo effort is aade to identify Hie items
whieh no to aake i|> tie balance sheen in the suspense acooaat* as all
eash passes through ifeis account and is transferred in even thoxisaads
as collected*
a m ithly e tatewjiS is famished by Hie freseary
Deportment shoeing th» mmwfc which «s have placed to the credit of tlie
frsaaorer of the United States on account of Liberty Bond psysaints
as sheen on the reeerds of that Biparfeaant*
fhis is reconciled elti
our asneral Ledger*
J U M P .M M fjBH*
©is credit balances .appearing on each of the subscription
ledgers are lie ted daily by the led^r clerks and once a ©oath by the
Audi ting Department, and the totals obtained reconciled with the
balances as
mm&
by tie controlling accounts on the General Ledger*
4-
A eta tenant is also made ome a month fros these cantroIlia; aeecraats
to Bee that the total papasnts re cel-rod agrees * t h the total as diem
by the Treasurer *b General Account plus the suspense account and that
the total delivery ordure famed agrees with that of the orders turned
over to the Delivery Department,
a © bonds delivered plus the unfilled
orders is then reconciled *d ti the total orders Issued*
By maintaining a daily and stonthly ehecsit oa all rsjaittaeees
received and Charged m the Gsoeral lodger it is easy to arrive at
tfoe correct asx&nt ©f Hie unpaid balances fcy deductlag the amount of
payments actually received from the total amount of fcoads allotted,
fliis eheofc Is m &» about twice a month end compared with the assoasfc
ahowa as unpaid m «ie General Ledger.
HB0SEP$S XPSUB3) X8 ttWQR OF 02B2® BKPASSISHfS
... ,..j e .a m *_____________________________________
fhese receipts are issued in triplicate•
mm
origiaal @oe«
to the Subscription Ledger Keeper - lie aaplic&te goes to the Department
In whose favor the receipt is Issued, and tie triplicate Is held by
the Auditing Department.
All receipts Issued and released past throng!*
the inditing Departmentt* By tils method it is easy to reeaaoile the
Merao. Account appearing on the §eaeral Ledger* nhieh shows the total
outstanding receipts. This account is chewed swnthly with the total
receipts outstanding as shorn
unreleased receipts held by the Auditor
and also with the unreleased reoelpts aetoally held by other Departments*
bmmnm nmmmm*
All deposits and withdrawals are taken froa the dally'
traaeoript® of the Treasurer’ s General Account, and reconciled with the
entries on the &aae*el Ledger*
fhe laalames i 9 H m the Itepeeit&ry Baafc Ledgers are listed
taaa1hl7 and raeaRelled wit* the ooatrolliug aeemrate on the O e a m !
Bsle© a #©ar vexifio&tioa letters a m s«&t to all qcu&lfiftA
Depositaries fbr fie purpose «C reiaaeiXiag tti© balaaoe dues the
fm nrnxm of the United states &e shown % thairboote with the talane*
charged agalaet then e& the JPiea&l Agents*
sm b m Ib*
$ 1 1 1 .A J t J L l ^ ^ J L I.J L J L g - A A 3 L ..B .1.1 1.1.L & JU
-
M M S M .fiBBUft
i f ter each issue a eheofc is aade to
that the Treastsrer's
General Account has received credit for ail Gertlfio&tee of Indebtedness
purchased, and that proper ©atries hare tern sade on m e G«eral Ledger
sowing the amount of Certificates of Indebtedness held In trust by the
freasusy Department on hand in ®ar vault, ©r delivered to st&seribere*
Invariably Interim Keoelpts &r© issued for all Certificates
of Indebtedness sold and entries m throaifi our reoords accordingly*
Ds$lieates of all Beeerve Bai& Interim
turned ©*er to th® Auditing Department daily*
I s m d are
these dt|>li©ates are
cheoked against th® Interim Beeeipt Begister and the total amount t m
th® day eenpared with the Geaeial Ledger*
A H cancellations on account
of reissue or redemption are tamed o w r to th© Auditing Department
daily s&d tiio total mw^&red with the entries on the Gsnesal Ledger*
Befersnee is than mad# to the 0*1* ffegiatar to see that all cancellations
have been properly noted*
About one# a month a list is mad# of a ll
outstanding; Interim Beoeipte as shown by the register, and the total
conpared wifi the total outstanding as shorn by the Genem l Ledger*
As «e aim to deliver InteriHs Beeeipts only, very few
definitives are issued by m to
ia otr vault.
sorters t aad a very INr ate held
All definitives are eheei&d In and out of tfee vault by
the custodian and Auditor*
1© mere Gertific&tee of Indebtedness are
ttfkm out of the vault than are required for tie d^r*® deliveries *
m»
daily witidranals are efflpared by th® Auditor each d^r wifi the
fib r e s appearing on the Goieml Ledger tfmii&g definitives delivered*
fhe audit of Depositary Banks is the sane as described under
aoverssasnt Deposit Division*
JL4JL.-.J.AJLJ.
We are about to Ids tall a daily proof sheet In the **f&r
Savings Department* miieli will be balanced at fli© close *r ©aefe dUsgr
and t e m d crer to the inditing Departs® nt*
Shis sheet will show all
transact teas in stands for the day, and w ill be cfceeteed by the Auditing
Department agains t the entries on the @emm& Ledger*
sche cash
received (both fbr V'ar Savingp and thrift Stamps} as shown
0ns*
General I M m * *« reconciled such month by letter with the raoords
at Washington.
In the past a list has been made once a laonth of all
remittances receiwd for War Savins and Shrift stamps as shcem by the
daily transcripts of the freasurer’s General Account# and added to the
total cash received to date as sixain "fey the fib re s m the Gsnesal
Ledger at the close or the preceding months
This total is compared
with the total m m M nftmm m the Fiscal Agents* General Ledger, as
having been received to date# tes ehecldng the total asotmi received
to date as well as the total smmnt for the »enth*
All thrift Cards received In exshacge for $&r havings Stands,
©r cash axe tamed over to the And!tor daily and reconciled with the
fib r e s reported to the General Ledger each day*
fhese curds retaain
with the And*ter until the end cf each laonth
they are retained to
the treasury Department after the total on hssid Is compared with the
total received during the month as shorn by the General Ledger*
Use
total received to date Is also c«e#ared by adding the aiaomt received
tolng the month to the
previously retained to the freasnry
Detpartoent.
Stamps rece ived fmm the freastaxy DepsrtEsent are chacfced into
the vsaalt by the custodian sad the Auditor, iltere they remain under
•«* H **
51
<'^9,
joint ocntrol and none mm m % m m & to the iMftlroxgr » £ « * * ■ « * except
by the ousted! an aad the Auditor, tins salclng tie audit m atamps la
and out of the m ilt eontiraaous*
Ouse a month the Auditor counts all of the xtan$s la the
Etelivexy Separtenont.
By adding t o asaomt on hand In the Deparfeaent
to the amonnt ds&ivered oa cash orders, or e w i p m i 9 we obtain the
total of all stomps received % that Department i&ieh smst a$ree with
the total stamps released to tiat B€g>ar&aent to date by the Custodian*
fhe total reoelwd by the Delivery Department t o date Is thea added to
the aaotmt h«&d by the Custodian, and this total eoispared wifi the total
m m m t reoaivod fiom the T m m w & Bepaartiaent.
® » total of the
deliveries to date is then eoapsred with the total of cash received plus
Thrift Cards received la eatdhai^e for War Sariage Staaps*
Onoe a month a list is made of the oat steadtog balances of
War Searings and Shrift Stance as eSmmi by the eausi ^pisent ledger sad Ike
total compared idth the oontrolllag aoooant on the Qeaeral Ledger*
About every feur months verification letters showing the aamfeer of
m r Savlags and Shrift Stamps held on eonsigwaent, as shpm by our
records, are sent to all agents of the Second dlass for reconcilement
ana retam to ms*
M JtJLJL, ...
A H ® w ^m Bm M apsa@iwd fmm m@ fraaamy 2>©parte«it mm
checked iat© &* vault
wmm$munder
by
the Oostodian md the Ja*Ut«rf vfoem they
Joiat ooat:rol# being
released te
tls©
Bosad Issue Itei&rtewmt
dally Sb (fa&atltias safficienfe i m om Say*© n®:«e*
oontlmams audit Is jasiatalned
on a ll
bonds is
and eat
A 0@fy of all invoices mmttii® bmSs m it us by
Is ! » M
By t&2a rast&od &
of t^o Tmilt*
Beparteat
to tb# Auditor, ^iioh enables Mm to m i tbafc t&e boada
ar© reca±T©d mjcrotly &fi& nroDsr entries raa&e <m th* Goa©*®! Ledoer.
I,..P.&_I 1 .1 JO .-..P.A JEJL&-1 JIJUUfr
A daily report in md© %
Auditor.
tb® Bend Issue Department to the
A blaife f ©m used for this purpose is attached hereto.
Sue
del ire xy H&glster ts turned ore* % the Auditor eaoh day and aa
adding machine list is ande « r all deliveries t m
tbe d&y*.
She total
of this list is oompared with the figa**® a gearing m the General
Ledger, a Ed also the daily report*
Onoe a month a ll bonds held by this Department are eotmted m d
tine total of eacfc issue added to the total delireriea of eafih issue to
date,
fits fignrea tarns obtained are reconciled witii the leoorde of Hie
Custodian dowlas the amount of bonds of ea#i issue turned orer to the
Bond Issue Department.
S t e e totals plus tie bends held ^
tii*
Qustedian are reo&noiled with the total bonds of e&eh is sue reoeived
frets the fjreasujy XM&axtottit to date#
■Requisitions for all registered bonds ure oheo&ed 1^ Hie
Auditing Bspajftsant before g&ing to Washington, and a ocejr of all
requisitions is retained ty the Auditor#
iist the registered bends are
received the requisitions are oheelasd by the inditing Detriment before
taming the® orer to the Bond Issue Department for delivery,
In mis
m y a daily eftsofe is maintained on all repositions sent to sni registered
bonds received from tie treasury Department.
M
day a list is s&ds
of the dslivexies as shown by the delivery register, and the total
eosgxixed with the total as reported that day,
Once a month a count is
asde of all registered bonds hsld by the Beni Issue Bqpartaaat,
fhe
fig w e obtained is added to the total deliveries to date* and M i
reconciled
total
the total of the registered beals received to date as
shown by the General La&ger*
5-4
S ',S "
Auditiae Department atecfce aad 3** amatory if all signed
m m ipts xctonMd m m ® 3m Mpam-m o£ all Mgi$te*ad and Coupon
Bonds as « * H as War Saving* and Ssrift Stamps*
35ia sseoipts m %
ffooofted daily rngAmt tks Pellre^ Eegiater and tr&eors &re senfc
®a all sMpaent* m t actoowls&ged witfcin & Ifcw da^s*
m imissfc on
yeoeiving an aefcaowlod^aent ooTering miti B&ipmaat and follow up
ms? % m m m wit3i lottars and *i*oa if neoosaary*
AAlJAJLaXJULJ.,.!.LJlMJJUULI*
All bonds aixl a ^U o a tiM for bonds reeetre&bf oar
Genre nsiaa X>apartme&t & » re«era»d in a ^oaraal aad ledger.
*o*fe is proved %
this ])fi|>&rfeaeait and tie fib res for «ie der
to Hi# Qm ana Ledger.
daily *nd
Sadh <tey»
A H boadg »eel*ed *&r m m m i m are am eeHed
oyer to the Auditor for verifloaticia sod eesi^ariaeii
with the figures ajpearing on th© Ooieral Ledger*
All cancelled bead* Vasili in the saeto^r of the Auditor
uafcil they are reacly to be returned to the ^Jreastay Departaait vfam they
axe acrfcefc according t© ^ an^ain«Lfei#ms and sarial issaber &iu &fa&in
ootmted a d the total etaspared wtt>i the smount ©» hand m «h$w& by the
Smeral Ledger*
sue SOTAjtveiy w M w V *or oci«erwMi opnus aijsbfwguhi «re w&rj)0*L
e w
in the Aaditor for verification aad eaaparlsoa witi the total
m o s t if baade reoeiwd for aourereiea as ahom by the SeR©*el Ledger
far the day*
5he delivery orders are then turned over to the Bend
Deliver Sapftrtneat*
She de liveiy ©f the ooeverted bonds la fally eag&aia»4 rnafter
"Band l m
Piviaioa*.
46
r?
AH O&t&aa beuas
isMmrfSrnnm jmpm&t mm #10diced
Aiaditor,
m m tbs Srsastuy &sf»arfci«fct for
Sat® the milt by tfca Custodies and
tbey r®BRla tmte ^olnt cesatjrol aal m
Bocd Bcctmn^ Baparte<sat only Im
Hit
mnmto
ixgtemg&s*
rsXs&sud to tbs
fusalittss as ar# nses«sajry far
Qao© a rae&fe all beads hsld by this
are sainted mj& ^om^ared with tb© m
l
tf M
tb&wtemwto
tsaosd 0T«r to this
Bogp&ifimfiiii as ^ g a by tig# x’soor&s of Hi© Cu3todi&xu ffi# tsl£<X aaetaiti
Of each iss** M id by this SQsrt&ftat is then added to tie total
amotmt of eaah
b»ld by tbs Oastodi&a sad «»s s totals c ciaparsd
witft the total amount ©f fla& issms rec«lrs& froa m s Srw-ory ifcpaaftrBMit
as sIxjwb by tbs Qemml X>s^gsr«
Boo«lpts ars obteiaad fir all iMpasnts in iis M
as (B ft t M t ia t o r - 'm xwus Hfiaioir*
aaoasr
A om tim m w audit Is maintained mm &#*erlt>©d w&m
*m s& O0s$gm
ftjjJU ,.iJhJUUL.JLM,MJL&k±JLJkl.*
Ail, oaxuiAllod securities &3?e ohs&ta&d bjf tl» Au&itl&g
Department, and the total emoxmt coc^&red
i&« On Hm t as 9 l*m
l»y %b$ Oomwdl l*«ag*r b«f&re u t a i f i g the eeoaritlea to Hw&tiagtDia*
and 8®sl-ffio»thl7 reports to the ’S m m w y
AU
Departbm% are mde tip %
Srn Auditing Be^tsamt
Ledfr&r. a»<i fell,. megftntia^
to tb® Auditing
At
tlm ©ad
%w
tmm
tl» Genaral
^re&surv D®D&i*tsnont sap® rdfeffid
t*r adjustment*
of eeufe laaa a general aiailt «f f*« loan is a&da
using the f«&l»wi$g f«s»*
MAMB A a 0ttCTf
QA8B 2m*V.
Ska totals of
Btt« OBSSBS 1S8»
Uwse cotarns are
SZflmD ElfiSIPfS Off. SSQ’D*
ooapsr^d wim ths e&nlrfilling
IMMNftUitS 011 thfi G€tt6SP6tl Ldd^CBf*
~&8-
si
@FedFRASER