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STATEMENT FOR THE PRESS. March 10, 1917* The Federal Reserve Board rn^de public today its weekly statement show ing condition of the Federal reserve banks as at clone of business on Fri day, March 9; 19^7• The statement indicates a further strengthening of the gold and cash reserves of the banks through increased deposits of mem ber banks and liquidation of commercial and bank bills* About 11 million/ dollars of gold were transferred to Federal Reserve Agents, as cover for additional issues of Federal reserve note?The volume of notes in actual circulation, as reported by the banks;show3 an even larger increase, the banks apparently having paid out during the week notes in exchange for gold. For the past four weeks the banks have gained about 5^ millions of <iol} and nearly 10 million? of other money, while the Agents, during the same period, increased their gold holdings by about 40 millions. The total cash resources cf the system stand now at $B35, 606,000, compared with $757,111,000 at the opening of the year, marking an increase of about 17 per cent during the past 10 weeks. In the case of New York the gain of 7*9 millions in gold reserve, and of l6>6 millions in total reserve is due largely to ths increase in .net deposi*1•§,also to liquidation of acceptances, the diminution of the amount of Federal reserve notes on hand and the increase in the balance duw to other Federal reserve banks. Philadelphia^ gain of b*] millions in re serve is accompanied by a change ofaxavorable balance" of 2*4 millions to an adverse balance of $7^8,000 in account with other Federal reserve banks, also by an increase in net deposits and by liquidation in some volume of bills on hand* Increases in reserve shown for the St, Louis, Minneapolis and San Francisco banks result chiefly from liquidation of earning assets and increases in net deposits* Discounted paper on hand decreased $3^0,000 for the week, Of the total given, $ 4 , 006, 000, as against $3 , 621 , 000, the week before,, is represented by member banks1 collateral notes, over one-half of which are held at present by the Cleveland and Chicago banks* Acceptances on hand shew a decrease of about 5*2 millions, all the banks, except Boston and Minneapolis, re porting smaller holdings than the week before. Transactions in United States bonds are shown for three banks, resulting in an increase of $476 ,000 in the total held* No change appears in the amount of Treasury notes on hand* All the banks,except Cleveland, report either unchanged or smaller totals of warrants held. Total earning assets decreased about 5 millions and constitute at present 344 Per cent cf the combined paid-in capital of the banks, compared with 353 per cent the week before. Of tnc total 56*4 per c-3nt is represented hy acceptances; 15*1 Per cent by United States bonds; 10*1 per cent by Treasury notes; 9*& Pcr cent by discounts, and 8*8 per cent by warrants* Government deposits show a decrease for tho week of $ 1 ,7 6 1 ^ 0 0 , Boston, Atlanta and Chicago reporting the largest net withdrawals of Government funds# Member banks' reserve deposits show an increase of $11,535^000, while net member bank deposits show an increase for the week of $21,70^000* ■Federal Spserve Agents report a total of $355;2^3>000, net, of Federal reserve notes issued, an increase of $ H , 416,000 for the week. This total is covered by $328,433,000 of gold and $29,686,000 cf paper. The banks report an outstanding note circulation cf $326, 612,000 and aggregate net liabilities thereon of $18,737,000-4 Released lor pub'ication Sun,lay xcrning March 11, I 3 1 7 . Not earlier. x-38 . •iTATEMF^T OF COIIBI^ED PESOURCES A'TD LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS OF TFE U 'ITED ST/.'TES iT CLOSE O'17, H JSP'ESS MARC!: 9, 1917 r H S 0 'J C E S March 9, 1317 March 2, 1917 December 8, 1916 September 8 , 1S'16 March 10, 1916 . uo^d coin ani certif icatea 257. 875.000 248,846 ,000 ,184,000 30!+,l63 ,C00 (a) 2^-5, 335,000 Gold settlement fund........................................ ........................ . 79,170,000 205,561,000 118 , 950,000 181,101,000 212, 031,000 Geld redemption fund*with United States Treasurer.............. 2, 31+ 7,000 U 2IL .0 D 0 ________ ____________ ___________________ 1.884,000 1 , 1+91+, 000 2,325.000 Total gold reserve. -....................................... .......... . , .. 338 . 539.000 538,0/0,000 518,5Ul,000 (a) >427,969",000 369,680,000 Le^al tender notes, silver., etc. ........................... Total reserve....................................................................... 358,575,000 397,167,000 557,133,000 528, 512,000 (a) 432, 613,060 ye per cent redemption fund against F. R, bank notes**.. 484, 000 150,000 420,000 ;400,000 £+00,000 IIj discounted - Members................................................. . 38 , 3 ’-+5,000 27,527,000 1 8,8U0,000 21 , 529, 0J0 18, 500,000 Acccptanoc^ bought...................................... ...................... 79,808,000 32 , 949,000 108, 860,000 1 lU, 058,000 119 , 782,000 ^United States bonds. . . -* ........................................................... 34 ,141,000 25, 126,000 41,548,000 45,954,000 28, 650,000 One-ye . r treasury notes.................... ...................................... . 19,U 68,000 9 , 055,000 11 , 167 , OX' 15,468,000 Municipal v^rrants............................. ............ *........................... 21 , 166,000 32,755,000 16 9 ?>2 000 13,235,000 16,793,000 Total earning a ^ e t s .................. ...................................... 121,374,000 +97,81^,000 224,0/7,000 183 , 510,000 192,885,000 Federal reserve notes - Net......................................... . 20, 608,000 19, 324,000 23 , 095,000 18 , / 60,000 24,838,000 Due i'r©£ other Federal rjo^-ve banks . ->..Net........................... U, 023,000 2S , 706,000 12,547,000 3 , 143,000 36,565,000 Uncollected itein j . ................... .........>».................................... 130 , 1+11,000 15 U, 026,000 7 -7 All Other resources..................................................................... 6 -+j ] 000 5 , 063,000 2 , 8c1 jOO 7,821,000 W U L RESOURCES............................... ................................. 915, 691,000 632 , 594,000 715,316,000 $911 , 032,000 522,647,300 L I A B I L I T I E S . Capital paid in ............................................................................ $56, 028,000 54,944,000 56, 0U5,000 55,746,000 35 , 406,000 Government deposits................ . . ...................................... ......... 12, 1+01,000 lU , 162,000 28,668,000 30 , 639,000 44, 236,000 Due to members - reserve account....................... ............ ......... 720, Ups, 000 708, 893,000 ................. j;ber banks deposits - Net...................................................... * 514 , 225,000 618,643,030 426,322,000 Election ito ti........................................................ .................. 102,824, 000 116 ,^ 30,000 Federal reserve notes - Net.................................................... . 18,78 7 j000 19,772,000 16 , 076,030 11,423,000 10 , 178,000 Federal reserve- bank no+e liability............................ *28,000 2 , 33^,000 419,000 All other liabilities................. ............................................. 50'-+, 000 808,000 489,000 .......317,000 145.000 .$911 , 032,000 TOTAL LIABILITIES............................................................... 915 , 691,000 715,316,000 522,647,000 632, 594, o x Gold reserve against net deposit and note lia b ilitl.s ....... 74.6$ 7 4 . 0$ oC -?^ 74.5> 67 . 7# Cash reserve against net deposit and note liabilities....... 7 5 .U/0 7 2 . 8# 69 . 5% 78.9? Cash reserve against net deposit liabilities after setting as id* gold reserve against aggregate net liabilities on Federal reserve notes in circulation............................... 78-3^ 70 . if. 76-4/79*8 $ 73-8/' MEMORANDUM: Distribution by maturities: d<&r. 9 ,1 9 1 /. i - 15 days l 6 - 30 days 31 - 60 days 6l - 90 days Over 90 dayj 830,000 17 , 279,000 Bills and acceptances................ ................................................ 45,208,000 $uo,336,000 23,707,000 6,2 72,000 Municipal warrants............................................... .....................1 , 173,000 8 , 122,000 794,000 571,000 „ (a) Amended figures. t . . , , . . . ) ■ . . . rs , .................................. « * » . ♦ • • , , ...................................... , ' - Released for publication Sunday morning March 11, I 917 , Not earlier. X-38 b. ■^i L’nLY STATEMENT OF RESOURCES AFC LIABILITIES OF EACH OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS MARCH 9, 131/' (In thousands of dollars) R E "s 0 u R C E b ^ Boston N. Y. Phila. Clevel. Richm. Atlanta Chicago St.Louis Minnls. Kas. Cy- Dallas S.Fran. Total. Gold coin Eli." cert if. in vault $ 13,920 190,403 2^,791 13,982 5,420 5,366 25,722 9,145 11,599 7,778 7,312 14,146 330 , 184Gold iwttlement iuna 20,uS0 19,844 14,320 26,043 16,541 5,534 47,086 5,685 6,44a 25,658 7,167 9,955 205,561 -- -— 4^_______ 250______ 2^0______52_______ 460 542 ______ 200______ 152______ 155______ 135_______ 60_______ 15 2,325 (Sold redemption fund Total gold reserve ^4,643 210 437 39,961 40,082 22,421 12,042 73,008 14,982 18,202 33,571 14,539 24,116 538,070 Legal tender notes, silver, etc. — 2gl-- 11A 6 ______3jq_______ 90 137 1.591 1.198 2.255 743 81 941_________45 19,113 # t e d = p l rfZ ™ n , 6yt T. P.. bank TOte^ - ‘ f 7° Bills discount ad - Komars open . nrkst Inve t i n t s ’ T Y ^ o n d nveotijonts. U. S. bond* One-year Treasur- notes Municipal warrai-, 2>^ l j ^ 2 2>°62 3,388 2,139 •■U > 6l?-- 12 *}^?------- £*-Q9?___ 6^ 982, 3,315 -1^ 9 , 29,426 1^694 l l ^ U 10^70 , 5 ^5 4 - 71 74,985 V+2 56 1,666 726 1,999 1,820 1,969 1,491 1*86-- :5^3.4.... 1,433____1,181 15 7 Federal x isaerai r ^ e r , .. 1,269 Duo fr«U other F. R. banks - Not 1,216 ^ c o U * c t * d items 10,919 * i l other r ^ u r c o s 55 TOTAL RESOURCES —£ 4,630 L I A B I L I T I E S . Capital p.-id in J^arnsient deposits OT5 to members - r.rsorv; --count C o i w . j ^ . it,,..a Federal reserve notes - Net Due to other F. R. banks - Net All other liabilities TOTAL LIABILITIES 5,064 (x)-l48 51,193 8,420 -_ -101 A ^ O 14,258 -- 23,156 373 g &jlf 11,880 4,382 249,334 -- 18,099 454 75,375 5,260 914 _ _ 10,533 . 190 48,983 17,145 2,787 7^8 138 295,517 7 5 ,975 19,198 ^ 851 ^ _ 2? 2,552 9,73^ 246 74,695 i4r 43,758 6,086 3,404 433 58,613 9,497 399 25,793 7,255 6,907 - * - 74,695 8,232 7,002 IT 610 7,098 1,576 7 ^°6 534 1,736 487 1,313 194 18,500 7.150 6,739 4.229 2.144 7.734 108 ,S60 l O ^ j ....7,684 8 ^ 7 5 , 4 ,7 1 6 .... 5,457 7,928 127*360 5,962 2,203 1,434 8,147 3 , 4 0 3 2,429 29,126 2,962 891 1,230 1,784 1,430 1,500 10,468 2.728 1.127 499 492 506 924 16^932 2 2 ^ 2,171 5,250 19,361 662 6,999 _ _ __________ __________ 43,758 ~29,919 124,755 . .n ! ^ -- 672 8,750 982 39,546 U , 6 % 1 ^ 9 .... TT T^T _T_ 421 2,058 236 4 , 54 / 8,736 5,885 103 249 1 039 35.654 60,134 3l!536 2,413 3,083 281 2,636 1,001 2,358 46,791 7,522 2,451 24,742 2,655 1,324 _ 39,546 ___ 35,654 21 60.134 I I 31.536 2,795 (x )-26 27,594 6,825 882 28,380 2,786 311 M E M O R A N D U M . P. R. Itfieo issued to banks 15,460 150,500 23,4 33 l 4 ,357 17,214 20,718 17,323 l6,l4C 20,184 22,711 21,048 P. R. Botes held by banks 1 ^ 9 ___ 1 ^ 2 58___ 1,273 851 888 582 3.131 1.489 1.776 586 489 r-' 7? v 1 S i ni sircuxatlon J91 136,242 22, 1 6 0 1 3 ,5 0 6 16,326 20,136 iu" 192 14,657 18^408 22^125 20,559 Golft and la-,vfv.. ac^ r _ -- - 15*460 .150 1500 1 ^ .373 14,357— SL.4.19 17,487 16 , 363. 12.299 17,084 19.674 20,248 (,J Overdr-.it (a) Difference between net amounts due fror.; and net amounts due to ctlisr Federal reserve banks. 557 9.067 1,312 1,055 19^565 101,898 3,375 14,803 2,649 18.9*5 . B .f t g 1/786 .291919 124,755 2,418 1 7 ,2 V 2 0 5 ° ?0 608 l'382(a) 135,4l£ 517 6 401 46.194 qilio 32~ 5 234 3,324 1,850 37,602 2,743 5o,028 12,401 720,488 102,824 18,787 " kq Ii 46.194 911.032 16,169 2 .Q K 355,263 28 651 14 ,110 320 I 612 16 . 16s 328. Released for publication Sunday morning March 11, 1917 . £-38. Not earlier. c. STATEMENT OP FEDERAL RESERVE AGEMTS* ACCOUNTS AT CLOSE OF BUSINESS MARCH 9, 1917* ( In thousands of dollars) Federal Reserve Not« Received from Comptroller Bo at on $j3,8b0 v. "i. 263,800 p^ila. Clevi-1—Ifichni. Atlanta Chicago St .Louis Minnls. Kas.Cy. Dallas San Fran. Total 37, 520^ 2J3^860" * 23“^ 3 0 turned to Comptroller Chargeable to F. R. Agent 3 6 ,38O £'■'*>'1, ... 25,020 201,620 30,273 19,057 20,814., 9,560 51.120 6,840 4,700 3,600 Issued to F. R. bank less amount returned to F. R. Agent for redemption 15,460 150,500 23,^33 1^3 57 17,214 Amount held by F- R. Agent in reduction of liability on outstanding notes: On hand: Gold coin and certificates 14,650 144,546 3,730 13,533 83X5 5,95^ 1,313 824 419 1,107 In hands of F. R. Agent ^^ed it balances: In gold redemption fund v7ith Federal Rccsrve Board As bfc-curity for outstanding notes: Conune rc ial pape r Total Aruount of commercial paper de livered to Federal Reserve Agent i * 3 .1,683 20,680 j\ 23^3M0 j 32,000 28,720 >j j ' 35,320 18,823 19,986 30,684 25,319 29,135 10,965 1,500 3,840 10,500 3,108 8,087 20,/18 17,323 16,146 20,184 22,711 21,048 5,165 13,030 4,370 10,110 113 704 924 944 1,058 789 14,959 15,380 101,380 2,960 ......... 14,330 • • **• 9,000 13,420 16,250 6,430 3,130 14,360 9,080 +.4 « ♦• . , , -, 4,060 — ••- 7,795 3,231 960 3,847 3,100 3,037 800 15,460 150,500 23 >^33 14,357 17,214 20,718 17,323 l b ,146 20,184 22,711 M 99 ........................ 8,863 3,573 960 3,848 3,100 3,157 ......... *% 9 +* 583,560 J .. ‘r-'JZ-V —±±JLLJJ.I. ♦♦» * 18,560 16,169 469,083 113,820 16,169 35^,263 212,094 .. ... 26,830 21,048 16,169 355,263 2,086 ., * 29,686 * ' 1 ’ • ^Released for publication Sunday morning March 18, 1917* # Not earlier1'. X+ty. STATEMENT FOR THE PRESS. March 17, 1917 . Continued gains of gold "by both the Federal reserve banks and Agents, together with increases in deposits and liquidation in some volume of acceptances are indicated in the Federal Reserve Board's v?cekly statement as at close of business on March 16, 1917* The reserve position of the banks as indicated by the percentages of gold and cash reserve against aggregate net deposit and nfcte liabilities is stronger now than at any time during the past 12 months. Aggregate gold reserves of the banks increased about 21*2 millions, the New York, Cleveland, Chicago and San Francisco banks reporting the largest gains for the week. The New York bank reports net liquidation of 3*8 millions of investments, chiefly acceptances, also gains of over 3-1 millions in Government deposits, and of 10 .3 millions in net member bank deposits. On the other hand, the bank shows a reduction of 3*2 mil lions in its balance due fo other Federal reserve banks, and an increase of over $890,000 in the amount of Federal reserve notes on hand. The net result of these changes is an increase of I 3.2 millions in total reserve. In the case of the other 3 banks the gains 'in total reserve are due largely to- liquidation of acceptances and to reductions in the amounts due from other Federal reserve banks. Discounted paper on hand shows a decrease of 1.3 millions, Eoston and Chicago reporting the largest decreases for the week. Of the total discounts about 3-1/4 millions, as against over 4 millions the week be fore, were member banks' collateral notes, discounted by 10 Reserve Banks. Acceptances on hand decreased about 11. 9 millions, all the banks ©’xcept Boston and Atlanta reporting smaller holdings of this class of paper than the week before. But few changes are shown in the amounts if United States bonds and notes held.. None of the banks report addi tions to their holdings of municipal warrants, the aggregate amount on hand showing a net decrease for the week of over $900,000. Total earn ing assets of the banks decreased 14.1 millions, and constitute at pre sent 319 P©r cent of the banks' paid-in capital, compared with 344 per cent the week before. Of the total 54-3 Per cent is represented by acceptances; 16.3 per cent by United States bonds; 10.8 per cent by Treasury notes; 9*6 per cent by discounts and 9*0 P©r cent by warrants. Government deposits increased 6.2 St- Louis reporting considerable gains Member banks' reserve deposits show an lions, while their net deposits show a millions, Boston, New York and in Government funds on hand. increase for the week of 5-6 mil decline of 1.2 millions. Federal reserve notes issued by the Agents have reached a total of $363,278,000, an increase of slightly over 8 millions for the week. Against the total issued the Agents hold $338,608,000 of gold and $ 26, 129,000 of paper. The actual Federal reserve note circulation, as shown by the banks is $ 336 , 061, 000, or about 10 millions less than the amount of "greenbacks" outstanding. Aggregate liabilities of the banks on notes in circulation are given as $19,444,000. X-48Re leased for publication Sunday morning March 18, 1917* Not earlier. STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS OF THE UNITED STATES AT CLOSE OF BUSINESS MARCH 16, 1917. R E S O U R C E S . March 16, I 9 I 7 .March 9, 1917 December 15, 1916 September 15, 1916 March 17, 1916 . $355,318,000 330,184,000 256,419,000 250,308,000 253,880,000 Gold coin and certificates in vault...................................... Gold settlement fund................................................................. 201,661,000 205,561,000 177,341,000 125,271,000 78,970,000 Gold redemption fund with United States Treasure?............. ... 2.3^3.000 2,325.000 1,543,000 _______ 1,894,000 1,623,000 Total gold reserve............................................................ 559,318.000 538,070,000 435,302,000 377,473,000 334,473,000 Legal tender notes, silver, etc............................................. _ 1_6J176,000 19.113.000 7,907.000 7 ,898,000 11,304,000 Total reserve..................................................................... 575,494,000 557,183,000 443,20^,000 385,371,000 3^5,777,000 Five per cent redemption fund against F. R. bank notes... 400,000 400,000 420,000 500,000 150,000 Bills dicounted - Members........................................................ 17,234,000 18,500,000 37,748,000 27,713,000 21,608*000 Acceptances bought.. ................................................................ 97 , 002,000 108, 860,000 122, 918,000 82 , 609,000 36, 092,000 29,155,000 29,126,000 42,648,000 46,915,000 39,213,000 United States bonds................................................................... One-year Treasury notes............................................................ 19,3^8,000 19,468,000 11,167,000 9,039,000 A Municipal warrants..................................................................... —i ^ O ^ ^ O O O 16,932,000 11,195,000 23,714,000 33,034,000W Total earning assets......... ............................................... 178,788,000 192,886,00 0 225,676,00 0 189,990,000 129,947,000 21,991,000 20,608,000 19,504,000 19,975,000 24,608,000 Federal reserve notes - Net.................................................... Due from other Federal reserve banks - Net......................... 3,379,000 3,143,000 47,586,000 28,937,000 16,248 000 Uncollected items....... .............................................................. 155,976,000 130,411,000 6,401,000 ______ 4 , 656 ,000 2,969,000 4,878,000 All Other resources................................................................... ..........L j Q 8 ..QOO TOTAL RESOURCES................................................................. $942,226,000 911,032,000 741,051,000 627,742,000 521,608,000 L I A B I L I T I E S Capital paid in ........................................................................... $56,054,000 56,028,000 55,731,000 55,416,000 54,937,000 Government deposits................................................................... 18,594,000 12,401,000 28,762,000 40,199,000 32,380,000 Due to members - reserve account........................................... 7 26,104,000 7 20,488 000 Member bank deposits - Net............................................... . 643,136,000 514,343,000 423,259,000 Collection items............................... ......................................... 121,550,000 102,824,000 Federal reserve notes - Net.................................... ,............... 19,444,000 18,787,000 12,606,000 14,223,000 10,203,000 Federal reserve bank note liability...................................... J 21^ 000 681 000 All other liabilities.......................................................... . ....... 480^000 ” 504.000 " 816,000 ' 347*000 148*000, TOTAL LIABILITIES.................... ......................................... $942,226,000 911,032,000 741,051,000 627,742,000 521,608,000 Gold reserve against net deposit and note lia b ilit ie s .... 77*0$ 74.6$ 68. 3$ 69 . 9$ 74,4$ Cash reserve against net deposit and note lia b ilit ie s .... 79-2$ 77-3$ 69 . 6$ 71*4$ 76^9$ Cash reserve against net deposit liabilities after setting aside 40$ gold reserve against aggregate net liabilities on Federal reserve notes in circulation............................. 80-3$ 78 . 3 $ 70.2$ 72.2$ 77.8$ MEMORANDUM: Distribution by maturities: Mar. 16, 1917 . 1 - 15 days 16 - 30 days 31 - 60 days 6l - 90 days Over 90 days Bills and acceptances?................ ............................................. $36,502,000 22,516,000 42,956,000 11,486,000 $776,000 Municipal warrants..................................................................... 319,000 765,000 612,000 12,123,000 2,210,000 Released for publication Sunday morning March 18, 1917- Not earlier. X-4s WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS MARCH 1*6, 1917 . (In thousands of dollars) Boston N. Y. Phila. Clevel. Richm. Atlanta Chicago St.Louis Minnls. Kas.Cy. Dallas S.Fran. R E S O U R C E S Total $ 13,282 209,672 24,475 14,330 5,482 6,156 29,154 11,293 11,653 7,789 7,448 14,584 355.318 Gold, coin and cert if in vault 1S>653 16,347 13,936 29,826 16,645 5,026 45,653 5,111 6,486 24,072 7,719 12,187 201,661 Gold settlement fund Gold redemption fund 50_______ 250 250 48 450595 200____________ 95155 174_____________ 57_______ 15 — 2,339 22,577 11,777 11,777 75,007 18,294 _ . 32,035 559.318 31,9^5 226,269 38,661 4 4 , 20M Total gold reserve 75,007 16,499 15,224 26,786 -14L 112 .8*86.2. Legal tender notes, silver, etc 1,465 213 . 2,464 731 62 940 64 .1,017 _2L 16,176 32,198 235,131 38,808 . 44 ,.316 22,674 13,242 76,024 Total reserve 18,963 19,027 32,097 1 6 .164 26.850 Jjo redempt. fund - F* R» bank notes ---- -300 100 400 1,728 1,872 917 Bills discounted - Members 1,819 3,541 1,980 1,381 495 1,402 447 1,440 212 17.234 6 ,7 5 2 Bills bought in open market _ i i i.lZ.i- 24,960 - li^gL JL.125 _Ll§77___ 7,960 5,82.7 6,071 1,20?. 1,97 5 5,901 97*002, 'it 13,643 9,047 10,293 Total bills on hand 25,877 13,4 o 6 6,322 9,341 3,649 5,657 7,473 3,415 6,113 1 1 4 , 2 3 6 ^ 81 442 Investments: U; S. bonds 50 2,203 4,985 5.961 1,454 8,147 3,403 2,429 29,155 626 1,666 1,820 1,491 One-year Treasury notes 2.962 891 1,999 1,969 1,230 1,784 1,430 1,500 19,368 1,080 298 15 „5;..4c>3- A^3I8_ 2,698 1,094 Municipal warrants _ 7 486 50b 887 16,029 Total earning assets __15 , 60Z____3 1 ,.981 __l 6^ I 8 3_ 18 J 2__l 2,_I19___ 7,205 20,962 10,510 10,114 14.066 8 ,754 10 "9 2Q 1787788 820 1,-160 15,106 3,208 Federal reserve notes - Net 1,697 21,991 3,041 2,148 Due from other F* R. banks — Net 394 2,917 91 2,490 - 1 , 125(a) 3,379 29,840 22,666 11,194 8,868 15,402 Uncollected items 8,287 23,008 9,524 6,295 9,862 5,707 5,323 155,376 ____ 316 158 95 1 ,86 ? 51 All other resources 159 .525. 222 1,100______ 4^6 6 .198 821 TOTAL RESOURCES 61,459 312,443 . 78,,573 .7,1,5i8_44^i56„..30,.39.0. 126,644 39,931 15,815 5 9 ,017 11.825 4 6 .i 6 o 94?.?.?6 ILL L I A B I L I T I E S . Capital paid in Government deposits Due to members - reserve account Collection items Federal reserve notes - Net Due to other F. R. banks - Net All other liabilities TOTAL LIABILITIES 5,068 1,408 48,473 12,411 - _ - - 11,880 7,476 260,551 24,990 - - 7,366 180 99 67,459 ^ 12,443 5,260 6,089 3, 405 1,063 240 860 47,328 59,615 25, 891 20,433 11,624 7, 2b0 3,205 6, 878 1,151 62 il3... J 8 ^ 7 3 ... 77,568 .44,356 ____________ _ ^ - _ - - . — 2,418 6,999 1,825 665 19,380 102,228 4,713 16,752 2,654 ~ - — - — _ — — _ 2,795 589 26,991 7,201 2,407 - - 30^2Q :.126_a64IL _39,983 2,413 895 28,009 2,566 1,926 6 443 46 ,,208 7 ,■ 759 1j,538 35,815 59.017" 3 j,089 - _ 2,698 1,091 24,072 2,886 836 242 11.825 Y M0 R A N D U M , 15,426 157,866 23,199 14,278 17,071 20,633 19,154 15,555 20,145 22,926 21,237 7. R. notes issued to banks 1.160 15.106 855 820 ____ 826 3,208 F. R. notes h.;ld by banks 94o - 1 ,174 ilL 508 246 142,760 22,344 14 ,266 13,458 16,245 16,245 19,956 15,946 14,615 18,971 22,418 20,991 F. R. notes in circulation 15,4.26, 157.866 19.119 14-,578___ 1.-367...12,302... . 19^.154 ^ 12,208 17.045 20 880_ -§S-i_l55 Gold and lawful mousy (a) Difference between net amounts due from and net amounts due to other Federal reserve banks. 3,940 2,039 37,358 2,955 - - 56,054 18,594 726,104 121 ,5 5 0 ^ 1 9 ,4 4 4 0 68 480 4 6 .x 6 ~ 0 ~ 5 4 ^ g 15,788 M 2 L 14,091 363,278 -27,217 336,061 15jJ88_ 118.608 ) Released for publication Sunday morning March 18 , 1917 . Not earlier. X - 48 c- STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF EUSINESS MARCH 16>, 1917. (In thousands of dollars) Boston N. Y. Phila. Clevel. Richm. Atlanta Chicago St.Louis Minnls. Kas. Cy.- Dallas S. Fran.. $33,880 275,480 37,520 23,860 29,500 36,380 22,520 23,340 32,000 29,720 35,720 18 9,094 62,414 7,481 4,882 8^82.9 4,942 1,866 3,445 1,355 3,171 2l+,78o 213,066 30,039 18,978 20,671 31,438 20,654 19,895 30,645 9,360 55,200 6,840 4,700 3,600 10,805 1,500 4,340 Issued to F. R. bank less amount returned to F. R* Agent for redemption 15,426 157,866 23,199 14,278 17,071 20,633 19,15** Amount held by F. R* Agent in reduction of liability on outstanding notes: On hand: Bold coin and certificates 14,650 152,144 3,730 13,513 776 5,722 1,269 765 367 985 ......... i4,i4o * * *• • 9,000 13,420 7,704 3 ,3 3 1 Federal Reserve Notes: Received from Comptroller Returned to Comptroller Chargeable to F* R. Agent In hands of F* R. Agent Credit balances: In gold redemption fund With Federal Reserve Board ......... As security for outstanding notes: ♦Commercial paper Total -Amount of commercial paper de~ livered to Federal Reserve Agent 4,060 15 ,U 26 157,866 ......................... Total 56C 598,480 6,607 2,772 116,858 26,549 29,113 15,788 481,622 10,500 3,623 7,876 .,. 118,344, 15,555 20,145 22,926 21,237 15,788 363,278 5,165 13,030 3,370 10,110 704 613 885 1,350 1,165 778 15,379 18,450 6,430 3,130 I 6 ,lb 0 8,880 15,010 104,620 3 , 3^7 3,100 ♦* • » * 24,670 2,897 218,609 ( 2,04b * 1,082 23,199 1 4 , 278 17,071 20,633 19,154 15,555 20,145 22,926 21,237 15,788 363,278 4,099 ......... 8,195 3,373 ......... 3,352 3,100 2,153 1,917 ......... 26,189
@FedFRASER