The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BOARD GOLD S E TT L EME NT FUND (in thousands of dollars) Summary of transactions for week ending November 2 0 . 1919S g g rjg a te Aggregate Balance TRANSFERS Gold : Gold withdrawals deposits & Federal last with- : de- :& transfers transfers statement Reserve from Nov. 13, drawals: posits :to Agent’ s Bank of Credit D eb it .1919, 20 20 307 Boston 31,697 — 300 New York 108,938 2,667 1,000 4,000 17,284 4.000 Philadelphia ip,337 29,983 345 2,000 1.000 2,000 Cleveland 12,073 20,503 2,073 208 2,000 2,00*4 4 2.000 Richmond 36,287 i ,u o 1,006 376 1 ,1 5 2 6 1,110 Atlanta 15,090 — 1 7 ,7 8 4 10.500 15,203 15,203 Chicago 60,530 2?4 l , 6 sU 4 ,500 3.4,800 3,800 1,684 St. Louis 6,155 114 156 156 16,896 Minneapolis — — 202 34,229 99 Kansas City 99 — 110 100 100 22,294 Dallas 194 16,215 6,352 6,215 35.116 San Francisco 36,327 24,029 10,029 28,44l 3^,327 55,793 418,018 Total Federal Reserve Agent at Boston New York Philadelphia Cleveland Richmond Atlanta Cnicago St. Louis Minneapolis Kansas City Dallas Francisco Total L R E S E R V E A G E N T S' F U N D Withdrawals Deposits Balance through for Gold Gold last transfers transfers de with statement from bank to bank posits Nov. 13, drawals 1919. — >3,000 55,000 85,000 1,000 5,000 69,389 10,000 80,000 — 2,000 2,000 48,000 1,000 2,000 49,000 5,000 250,145 11,000 2,000 76,931 19,800 1,000 2,000 37,860 — 1,000 2,000 I2,4s4 — 10,000 6.352 84,196 _ t . /--14,000 a.3, 000 2,000 27,352 867,805 Total with drawal s 3,000 5,000 10,000 2, coo 2,000 5,000 13,000 2,000 2,000 6,352 50,-352 1-1700 C0NF1B! 5NTIAL :Balance m ^Settlements tVoil^i^OTemDer 1^-, to fund at November 20, 1919, *>oth inclusive close of business Wet T o ta l Total Net Nov. 20. 1919-C re d its Credits Debits 32.S7S 894 153,200 152,306 118,305 11,734 485,726 473,992 30,026 168 ,soo 169,810 1,010 25,731 127,301 4; 490 131,791 33,671 1^9,292 162.112 2 ,820 16,632 662 5 6 ,0 76 56, 73s 64,l6j 205,462 22 4,31 2 18,850 16,403 1,35S 135,05s 1 3 6,70 0 — 17,397 231 * *-> 39,736 ;» 3 9 ,5 0 5 42, 571 8,041 93,414 : 85,373 20,774 68,525 70,055 : 1.530 31*227 62,070 5,780 56,290 : 28,700 4 4 9 ,7 ^ : 26,700 1,75S,322 1,75^,322 Total deposits Balance at close of business : : : r«0V. c-U, - 1 , 000 - 2,000 1,000 — — 1,000 1,000 10,000 lb,000 . 1919._____ 5?-,000 85,000 65,3&9 70,000 48,000 48,000 245,145 63,931 19,800 36,860 11,484 87,844 833,453 : : : : : : : : ; : : : : Summary of changesin ownership of gold by banks> through transfers and settlements. Decrease — Increase 1,201 9,367 2,957 5,145 2 ,6l2 — 11,566 2,868 - 1,420 — 26, 5bB 1,43s ■ 345 8,243 5,974 RATIO OF "FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS. C O N F I D E N T I A L Not for publication Federal Reserve Bank (In thousands of dollars.) Deferred Uncollected availability items items St.712 November 14, 1919 "Float" after adding net debit "Float” after deducting National and F. S. bank "FLOAT” notes, also n e t investment in transfers from or deducting net credit in Ratio to second calculation________________ Saturday*s settlement Amount immediately Ratio rto insnediately Ratio to inmediately available Amount available deposits Amount deposits Per cent Fer cent Per cent 10.4 10.6 13 , 31^ 13,562 5*6 7,194 94,216 87,022 244,038 185,709 52,329 7.1 43,937 5*3 43,937 5-3 Philadelphia 89,895 81,202 8,693 7*5 11,595 9*9 11,595 9*9 Cleveland 80,380 73,244 7,136 5.0 10,852 7-6 9,875 6.9 Richmond 88,669 79,221 9,44s 13-1 9,511 13-2 9,189 12.7 Atlanta 41.794 36,85? 4-,937 9-0 2,247 4.1 2,028 3*7 Chicago 115.379 96,885 18,494 6.7 23*353 S.4- 17,169 6.2 St. Louis 69,10s 54,926 14,182 19.0 13,463 18.0 12,912 17*3 Minneapolis 24,070 18,867 5.203 8-7 9,234 15*5 7,931 13-3 Kansas City 7S.315 65,406 12,909 13-3 10,913 11*3- 11,020 11.4 Dallas 52,174 35.281 16,893 26.2 17,582 27-1 7,810 12.1 27,421 16,331 13.0 13.600 10.8 6,969______ 842,047 179.749 5.8 179,749 8.8 Boston New York San Francisco Total _4j 1,021,796 FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 21* 1919* 153,749 j 7.5 St.712a COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS. (In thousands of dollars.) c o n f i d e n t i a l November lU> 1919• Not for publication Boston New Yorlj 112 2.913 IS ,330 $ r m M 1 Batik 2k 677 300 Richmond 5,355 17s 322 *■» Atlanta 1 . 5&9 95 219 St. Louis 2 , 1^ Minneapolis Kansas City Dallas San Francisco Total < 1 . 55^ M 7*.531 - mm* « 81, 8l*7 89.895 28,778 - 72,935 80,380 25, 521* - 82, 811* 88,669 21*, 190 39.961 1*1, 79^ 5.367 100, 61*7 115.379 3 7 .I3 I 66,090 69,108 19. 361* S7,022 111,178 185.709 1,016 51,1*08 81,202 892 1*6,828 73. 21*1* 1,60s 53*1+23 79.221 - - 1,621* 29,866 36,857 5.730 1,200 1,161 57**393 96,885 19. 521* 232 35»170 5^.926 2U.070 8,1*31 811 9.625 18,867 7 5 .^ 7 78,315 10, 6?H 500 - 5^.232 65,iK)6 52,171* 9,1*32 52 1,281 21*, 516 35.281 323 551 5.369 3* 23 1,822 653 393 773 659 178 9 , 9*6 1*0,918 72 221 6,^13 3^.685 6o,o6l* 10,062 M s6 23.369 2 , 36i_ FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 21, 1919 2U1*,038 - 1,220 - Total 55.278 218, 861* 16 t e e - - 6. 1*52 f f u - - Cleveland r m Other tran sit items 31,7 ^ 9**,2l6 - Government Gold tran sit Settlement Transfers items sold S 90, 9^3 1,076 , Total - 6,972 $ 1 S Philadelphia Chicago DEFERBED AVAILABIL][TY BPEMS 5MS National Batik Checks A ll other notes and Cleaving and bank notes of Transfers uncollected house other items bo-ught Exchanges cash other items F» R. banks . 1*3.758 923.915 1 . 021.796 ..... 6,152 281, 1*78 .................................... . J l _ 1.755 .. 118 8 , 71*3 . . 21^ 1*... 2I i l*2J.._. 550,071 81*2 , 01*7 STATEMENT FOR TEE PRESS. Released for publication Sunday morning, Nov. 2 3 , 1919; not earlier. ^ ot‘ 713 -ederal Reserve oar , Nov* 22’ . CONDITION OF FEDERAL RESERVE BANKS. Further liquidation of 26*7 millions of war paper, more than offset by in creases in all other classes of earning assets and a decline of lH millions in gold reserves and of 13.I millions in total cash reserves are indicated by the Federal Reserve Board’ s weekly bank statement issued as at close of business on November 21, 1919* Deposit liabilities show a decrease of 11.5 millions, while Federal Reserve .circulation shows a further exjjansion of n o te a result the reserve ratio declined from ltf.l to kS.3 S .7 P°r cent. millions. As Discounts, other than war paper, show an increase of 11.7 millions, acceptances on hand went up 2H.H millions and Treasury certificate holdings were 6.8 millions larger than the week before. millions. Total earning assets show an increase for the week of 16.2 War paper holdings of the Chicago and St. Louis banks include 20.U millions of bills discounted for other Federal Reserve banks, while acceptance holdings of the Cleveland, Chicago, St. Louis, Dallas and San Francisco banks are inclusive of 116.6 millions of acceptances purchased from other Federal Reserve fc&nksf as against 113*S millions tho wook boforo* An increase of 2H.9 millions in Government deposits is accompanied by a decrease of 25*S millions in members1 reserve deposits and of about 3 millions in other deposits, including foreign Government credits. The "float" carried by the reserve banks was 7*6 millions larger than the week before and net deposits work out at 11.5 millions above the figure for the preceding <voek« Gold reserves declined about iH millions, a decrease of U millions being caused by sale of geld held in the vaults of the Bank of England. 'R eleased f o r p u b lic a tio n Sunday m orning, November 23, 1919 > not e a r l i e r . COMBINED RESOURCES AND L IA B IL IT IE S OF THE TWELVE FEDERAL RESERVE BANKS. November l 4 , 1919 November 21, I 9I 9 R E S O U R C E S $248,601,000 Gold c o in and c e r t i f i c a t e s $248,03:2,0C0 Gold se ttle m e n t fund - F . R- Board 440 . 078.000 4 44 .54 7.00 0 Gold w ith fo re ig n ag en cies 146.175.000 142.155.000 T o ta l gold h e ld by banks 834.855.000 834, 75^,000 Gold w ith F e d e ra l R eserve Agents 1, 194,319,000 1,166,086,000 Gold redem ption fund ___ 104,086,000 118 ,4 7 5 „000 T o ta l gold re se rv e s $2,133,260,000 $2,119,315,000 Le g a l tender n o te s, s i l v e r , e t c . 6 6 .846,000 67,657,000 T o ta l re s e rv e s 2,186,972,000 2,200,i06,000 1 *673, 890,000 1, 700,618,000 (Secured by Government war o b lig a tio n s B i l l s d iscounted 439 ; 000,000 450, 747,000 ( A l l o th e r 043,000 480; B i l l s bought in open m arket 455,653>ooo 2 ,6 0 4 ,6 8 0 ,0 0 0 2, 595r271,000 T o ta l b i l l s on hand 26 , *?46. 26/8^7,000 U. S- Government bonds 79 -°oo 57,000 U . S . V ic to r y notes 278 , 538; .ooo 285,341,000 U. S . C e r t if ic a t e s o f indebtedness A l l other e arn ing a s s e ts 2 ,900, 734.000 2/ 9.1 6,925,000 T o ta l e arn ing a s s e ts 12,266 000 12 , 278,000 Bank prem ises 1 , 023 , 574;000 1,000,288,000 U n co lle cte d item s and o th er deductions from gross d e p o sits 13 , 009,000 13'038%000 5% Redemption fund a g a in s t F .R - bank notes 10 . o n .000 8.0 0.000 A l l o th er re so u rces b,l95P7°0 ?0C0 67I 3 / ^>41,000 TOTAL RESOURCES L I A B I L I T I E S 50.769.000 86, 885,000 C a p ita l p a id - in 81.087 .000 81 , 087,000 Su rp lu s 77.912.000 102, 805,000 Government d e p o sits 1 ,8 6 3 ,3 7 9 ,0 0 0 1 , 237 ;5 4 0 ,000 Due to members - Reserve account 842,047,000 D eferred a v a i l a b i l i t y item s 811 , 204,000 9 8 . 494.000 Other d e p o s its , in c lu d in g fo re ig n government c r e d it s 95 , 559,000 2, 881, 832,000 2 . 847. 088.000 T o ta l gross d e p o sits 2 .8 0 8 .4 5 6 .0 0 0 F . R . notes in a c tu a l c ir c u la t io n 2. 817.173.000 257, 281,000 F . R . bank notes in c ir c u la t io n - net l i a b i l i t y 257, 680,000 ____ 44^335,000 A l l o th er l i a b i l i t i e s 47,628,000 6. 159.760.000 TOTAL L IA B IL IT IE S £ ,137,5^1,000 R a tio of t o t a l re se rv e s to n e t d ep o sit and F .R . note 47 , 1$ l i a b i l i t i e s combined ♦ In clu d e s 1 -ya ar 46*.9$ T re a s u ry n o te s. ■Ratio of scold re s e rv e s to F .R . notes in c ir c u la t io n a f t e r &etting~"aside 35$ a g a in s t net d ep o sit l i a b i l i t i e s 54.736 55-236 St.713 a November 22 , I9I 8 $ 371,498,000 435,892,000 ___ iLol^ Q O O 813 ,~?.19.000 1 ,16*8 ,917,000 ___ 78. x2$ .000 2 f ObO ,p 6 5 ;.000 «992J>oo 428 ;IJO.OOO 3b8t734,000 2.078,219.000 29, 13^,000 *1 4 8 ,1 8 0 .0 0 0 ______ 27.000 255.560.000 819.010.000 4 ,5 25 .000 24 r.! ’5-000 5 ,219,527.,000 80 , 025,000 I , 13* .GOO U-3 174,000 ,604 , 0.33,000 620 ,608,000 261*000 2,451 ,,8 2 ,OuV 2,555 , 215,000 80 , 504,000 ____ 50 , Sb 7 , 000 5.-219 ’, 5277o"oo 50 60 ,5fo 1919 , not earlierRESOURCES AlTD L IA B IL IT IE S OF THE FEDERAL RESERVE LAMXS AT CLOSE OF 33TTSIBESS NOVEMBER 21, I 9I 9 .S t . 713 b R E S O U R C E S ;, In thousands of d o l l a r s . ) F e d e ra l R eserve Bank of Boston New York P h ila - C le v e l* Richnu A tla n ta Chicago S t*L o u is- Iainn*Kans. C y, D a lla s San F ra n T o ta l Gold, coin and certificates 8,533 146,923 1,263 21,634 2,344 8,043 24,081 5,4l0 8,234 275 6,823 l6,44g ' 248 012 Gold settlement fund - F.R.Board 23,952 125,038 31,952 29,952 29,857 13,950 62,365 17,452 16,993 42,139 24,278 .26*619 444*547 Gold with foreign agencies 10.380 52.186 11.376 ll.bbO 6.968 5.119 16,921 6,683 3.839 6,825 3 697 6’ 541 142*^5 Total gold held "by banks 42,865 324,147 44,591 63,246 39,169 27.112 103,367 27,545 29,066 49,239 3 4 , 7 9 8 5 0 0 9 — Gold, with F . R . -Agents ■ 65,815 283,780 78,378 107,012 48,840 54,403 252,4.42 71,331 35,396 40,516 25,492 102,681 l ,l 66',OS6 Gold redemption fund __2105Q-- J&.000 10,641_____ 842_ 11,491___ 6„6j 8..17,, 7 5 8 _ 4,634 1.387 3,776 3.008 9.550 118 475 j-otai sold rsssrves 132,430 *32;9*7 m M o 171*100 .99-500 ■S M 53 *73,56? 1031510 65, 849?3"?53i Legal tender notes, silver, etc- -. ^ 10S____ 50,265 446 878 198 1.289 2.4o4 4.952 QQ 250 1 <84 193 £ 657 Biiis^iscounted" x37,538 683,192 134,056 171,978 99,698 89,442 375,971 10S,462 65,939 93,781 64, 882162,0 3 3 2 ,186^ 972' for publiaatiqti Smid:morning, November ? 3 » Secured "by Government war 4T?W ivatl°nS All other mf “ ° f n/ (b) T° ^ l bills on hand IL S. Government oonds U. S. Victory notes U.S. certificates of indebtedness Total earning assets Bank premises Uncollected items and other de ductions from, gross deposits 5f> Redemption fund against F.R. bank notes All other resources 127,078 701,956 188,^9 1 25,938 84,986 32,763 88,855 18,399 30,194 12,598 -50*555-- g6a x a _ _ 1,444 67,911— 7.175 210,396 877,190 208,102 224,103 104,759 539 1,257 1 >3g5 m ^ _ _ 22.449 75 r64 vrxfii pfi ms: n sr£n 233,384 954,061 239,84s 250,965 117,853 1,0 JS 500 889 491 3,99* TOTAL RESOURCES 240,891 79,752 74,314 1,072 2,901 ...i'JL .....1*294 1,450 -j66 1,155 658 79,290 _ _ 42,971 116,023 89,270 583 1,760 ... 851 177 1,915 1,073 26,054 56.102 1,673,830 15,923 32,835 450,747 ^ 830 92.98^ 480 04^ 49,807 .181 925 2,604.680 3 966 2'fyz ' 847 1-7 >!, a.JU, j x.\j ■ CJO) , j * 65,083 195.517 2.916,925 394 400 12,273 67,468 23, 69s 79,540 59,358 610 242 330 129 957 494 559 313 47,713 1,000,288 655 797 13,03* s,o4o ^52,699 1 ,880,333 456,372 499,959 309,655 269,484 895,728 294,059 177,674 297,874 190,589 407,115 6 ,137,541 (a) Includes hills discounted for other F.R.banks,viz. - (b) Includes bankers1 acceptances bought f tom o t h e r b a n k s : With their endorsement Without their endorsement - 68,895 169*345 45,614 30,128 49,535 38,172 81*449 23,273 27,259 49,027 12.42% 102.054 .29.077 21.692 450 119,495 352,848 97,964 79,079 99,012 ’ '37S. " 4,477 I53 116 8 868 4~ _ „ -1 u etc hn h(?c n i,Cn * 700 135,5^0 397.,810 116.586 87,578 122,700 69I 503 2,936 402 - - - - - - 25,065 - 15.870 4 ,500 - - - - 10,164 - 40,340 10,081 13,914 - - - - 20,3.79 5,012 12,027 20 ,245 36,358 St./13c E6.le-2.sed f o r p u b lic a tio n S-.mday m orning, November 23 , 1919; not e a r l i e r RESOURCES AND L IA B IL IT IE S OF TIFE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS NOVEMBER 21, 1919* ( I n thousands of d o lla r s L I A B I L I T I E S F e d e ra l R eserve Bank of Boston New York Phila- C le v e l* Richnu Atlanta Chicago St.Louis Minn. Kans. Cy. Dailas San Fran- Total 4,056 86,885 3,388 12,254 3,981 5*452 3,437 9,469 3,059 22,1+1+7 7,856 C a p ita l p a id - in 4,383 7,103 4,578 81,087 2,320 2,029 2,805 5,860 3,800 9,7io 5,206 32,922 S u rp lu s 3,957 2,589 5,311 102,805 4,gi+7 3,710 2,524 4,962 10,511 1,174 4,589 3,271 3,989 7,318 5,163 Government d e p o sits 50,7^7 733,912 100,716 134,426 64,198 51,017 251,035 66,068 53=338 91,376 60,729 115,847 1,837,540 Due to members - R eserve accounl lll+,878 811,204 66,21+2 171,652 77.688 68,644 76,547 4o, 509 93,588 55,499 19,740 69,620 39,367 32,108 D eferred a v a i l a b i l i t y item s 3,605 9,672 6,4il+ 6,002 3,602 42,506 2,279 2,532 7,016 2,737 3,733 95,539 5,435 Other d e p o sits in c lu d in g fo re ig n government c r e d it s T o ta l gross d ep o sits 998,817 192,136 214,235 145,521 96,787 3 59,257 129,889 79,067 169,448 105,905 157,379 2,847.088 198,61+7 F -R -n o tss in a c t u a l c ir c u la t io n 216,911+ 758,797 219,689 245,484 11+2,403 149,812 468,708 139,634 83,786 99.114 67,780 225,052 2,817,173 F.R^bank notes in c ir c u la t io n net l i a b i l i t y 2^7,680 8,009 19,056 10,188 11,233 21,300 55,934 27,563 21,505 11,605 14-, 7 50 40,361 16,176 A l l o th er l i a b i l i t i e s X7 C ,i ) 0ktJ&Z. -2r 31S _ 3JAQ.6.._JU_9k3_ —3^-§29—___17., 4l6 3-^lZ5^38- 1^71-5 TOTAL L IA B IL IT IE S 452,699 1 , 886,333 456,372 499,959 3P 9>655 269,484 895,728 294,059 177 .674 297,874 190:589 407,115 6 ,1 3 7 ,5 4 1 MEMORANDA Contingent l i a b i l i t y as endorser on D iscounted paper red isco u n te d w ith o th er F- R- banks Lankers* acceptances so ld to o th er ]?- R- banks 20,370 20,370 20,21+5 20,2^5 FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION F- R. notes outstanding F. R- notes h eld by bank F.R.n otes in a c tu a l c ir c u la t io n 227,602 838,978 233,686 257 , 1+00 146,496 153,858 491,536 162,526 85,442 106 , 0^2 70,471 257 , U55 3 , 031,492 2 l 6 ,9 l 4 758,797 219,689 245,484 1 ^2 , 1+03 149,812 1+68,708 139 , 631+ 83,786 99 *.114- 67,780 225,052 10,688 ,591— 11*516___4 , 9?&................................................................... ^ 691 32-^03— DISTRIBUTION OF B IL L S AND U .S . CERTIFICATES OF INDEBTEDNESS BY M ATURITIES. W ith in 15 days B i l l s d iscounted B i l l s bought in open m arket » U _S. c e r t i f i c a t e s o f indebtedness 1,518,169 94,230 27, 6ll+ 16 to 30 days 122,628 87,971 15,681 31 to 60 days 273 . 11+5 . 186,021 18,299 6 l to 90 days 192,744 111,821 9,054 Over 90 days 17,951 21 U>6’93 T o ta l 2.12U,637 1+80,01+3 28.5,31*1 2 ,8 1 7 ,1 7 3 s t . 713 d Released for publication Sunday morning, November 23, 1919; not earlier. FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS NOVEMBER 2 1;, 1919* (in thousands of dollars.) Boston New York Phila. Clevel. Federal Reserve Agent at Eichm- Atlanta Chicago St.Louis Minn. ^ans.Cy. Daxlas San Fran- Total FEDERAL RESERVE NOTES: Received from Comptroller * 58,soo 1,877,300 *s6,780 U'4£,sso 292,6*0 229,000 7SS.S00 253,*so 1^-6,'4go 192, obo 131, 7*0 Returned to Comptroller 173, 508 Chargeable to F. R. Agent 280,202 52,600 In hands of F. R. Agent llU 161.920 120.926 85.077 26* , 78^ 103,67* iji,lib 203,923 52!+,016 179,806 963,97s 258,666 286,960 125,000 2'4,$80 29,560 25J-218 50,065 32,*80 17.280 377.720 5,77*.280 51.778__8C,oOZ__*5,819 116,115 2,350,935 9^,702 111,852 9 ,2bO 85,921 261,605 3 **23,3*5 M 50 5,ol0 15,*5° 85,**2 106, 0*2 70,*71 391.853 Issued to F.R.bank less amount rederaption° F* f °r 227,602 COLLATERAL SECURITY FOR OUT STANDING NOTES: Gold coin and certificates on land 838,978 233,686 257,*00 lU6,*96 153,858 *91,536 162,526 4 ,ooo _ 13,05a 8.297 5,>*00 2 , 5>* US,000 1*5,000 2U1*,1>*5 61,531 - 183,7>*0 - 2>*,125 - 13,815 l 5,OUo 12,989 12,887 8>*0 Gold settlement fund- I.R.Board 52,000 *5.800 65,389 70,000 Oold redemption fund Eligible paper - minimum re quired TOTAL AMOUNT OF ELIGIBLE PSPER DELIVERED TO F. R. AGENT 97,656 2.500 3,903 . - ifii.787 TO.iqs 155,308 150,388 99,»55 239,03>* 91,195 227,602 838,978 233,686 2 57,>*00 1U5.U96 153,858 >*91,536 162,526 210,396 . , 876,2**- 167,5^9 221,8*9 100,074 105,6l*b 352,^07 c~ 97,789 c* c-ii -8,831 _ 257,*55 3 , 031,*92 2^6,2U8 OO.C 2,156 5,177 15,773 9*,82J 19,800 3 * . 3 » » • * « S6*3°® SJl*9i7 50.0^6 to,979 15W77>* 1 ,865,1*06 65,526 85,1*1*2 106,0>*2 70 ,>*71 257,>*55 3 , 031 ,>*92 r0 oiq QQ 012 *9,807 169,628 2,519.660 ^ T T STATEMENT FOE THE PRESS. Released for publication Monday morning, November 2U, 1919\ not earlier. St.7lU Federal Reserve Board November 22, 1919, CONDITION OF MEMBER BANKS. Further liquidation of government securities and war paper, also material reduction of loans secured by Stocks and bonds and of the banks' borrowings from Federal Reserve banks, are indicated by the Federal Rese.rve Board's weekly state ment of condition on November lU, 1919 782 member banks in leading cities. Declines of l.U millions in the holdings of U.S. bonds, of I3.7 millions in Victory notes on hand, and of 16.2 millions in Treasury certificates held are shown for the week. War paper holdings were 79*6 millions less than the week before* most of this liquidation being reported by the banks in the twelve Federal Reserve Bank cities. Loans secured by stocks .and bonds show a decline of about millions for the New York City banks alone, and of U3«l millions for all reporting banks. All other loans and investments went up 6.7 millions. The ratio of war securities and war paper to total loans and investments shows a further decline for the week from IS .7 to IS.2 per cent, the corresponding ratios for the Now York City banks being 22.9 and 22.6 per cent respectively. The Government reduced its deposits by UU.9 millions for the week, the greater portion of the reduction being shown for the New York City banks, while other demand deposits (net) increased by 71»3 millions notwithstanding decreases of 5.8 millions shown for the New York banks and of 2U.9 millions for the Chicago banks. Time deposits were about 15 millions larger than the week before. The banks' reserve balances with the Federal Reserve banks show a decline for the week of U'4.5 millions, the decrease being considerably larger (6l.6 millions) for the New York City banks &.lone> while cash in vault declined 1.1 millions. Aggregate borrowings from Federal Reserve banks by reporting member banks show a decline for the week of U^.5 millions, a reduction of 101.3 millions in the banks' own collateral nQtes being offset in part by an increase of 56.S millions in rediscounted customers' paper. Ihe change in discount rates of the Federal Re serve banks by which the differential in favor of 15-day war paper was discontinued may afford a partial explanation for this shifting from collateral notes ‘(15 day _ paper) to rediscounts of longer maturities. ,* Released for publication Monday morning, November 24, 1919; not earlier st« 7liti PRINCIPAL RESOURCE AND LIABILITY ITEMS 0? REPORTING MEMBER BANKS IN LEADING CITIES. _______________ (in thousands of dollars.) Nov. l4, 1919 Number o f re p o rtin g banks ' U» S . bonds to secure c i r c u l a t i o n -------------------------------------------Other U . S , bonds in c lu d in g L ib e rty b o n d s--------U . S . V ic to ry n o t e s --------- - U. S , C e r t if ic a t e s o f indebtedness “~ - - - - - - - - - - - - Nov. 7, 1919 Aug. 15, I919 May l6, 1919' 782 773 773 26c, 997 268,209 268,988 268,095 631,730 633,905 644,195 682, 490 272,659 292,402 329,442 - 831.281 847.523..... 1,200.736 2t222.332 782 - --------------------------- 2,010,667 2,042,039 2,443,361 3,172,917 1,061,438 1, l4l,0l6 1,304,031 1,079,980 Loans secu red ty sto cks and bonds o th er than U . S . s e c u r it ie s 3>202,988 3,246,073 2, 925, 961) 10,428,511 A l l o th er loans and investm ents - - - - 9,1^7, 26^ 9,l4o,5S7 8,273,950) 1 , 1+17,123 1,461,592 1,360,554 1, 317,760 331,503 382,636 347,145 360,596 11,354,899 11 , 283, 629 10,879,079 10, 571,547 2, 224,042 2, 208,960 1 , 896,770 1,713,894 285, S63 330 ,843 624,744 434,848 1 , 065,540 1,166,815 1 , 006,902 1 , 312,063 668,000 611,231 320,560 248,002 18.2 18.7 23-3 27-1 T o t a l U . S . s e c u r i t i e s ------ ----- -------- -------Loans se cu re d by U» S . bonds, e t c . , - - - - - - - - - - - - - - - - Reserve balances w ith 3T. R« bank - - - - - - - - Cash in v a u lt - - - -- - - - - - - - - - - - - - - - - - - - - Net demand d ep o sits — - - ------------------------------------------------------Tine d ep o sits1 - - - - > Government d ep o sits B i l l s payable w ith F e d e ra l Reserve bank B i l l s re d isco u n te d ----------------------------------- w ith F e d e ra l R eserve bank - - - - - - - - - - - t R a tio o f U» S . war s e c u r it ie s and wax paper to t o t a l loans and in ve stm e n ts, per c e n t ------------ - - - R eleased f o r p u b lic a tio n Monday morning, November 24, 1919; not e a r l i e r . __ PRINCIPAL RESOURCE AM) L IA B IL IT Y ITEMS'OF ALL REPORTING imSBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF B U S IN E SS NOVEMBER j.4,1^ 19 ( i n thousands of d o ll a r s . ) ______________ ______ __— _ _ ---------------------- _ -------------- -—.-------- F e d e ra l R eserve D i s t r i c t Boston New Yo rk P h ila - C le v e l. Richm. A tla n ta Chicago S t .L o u is Minn. K ^ n s.C y. D a lla s San^Fran. L'o tal U?S. bonds^ t o° s ecure c ir c u la t io n 13 * 53,6 42,633 11^097 4 l^ 2 4 l 26,071 14,015 2 0 ,285 1 7 , 7.120 14,467 573 Other U - S .i n c l . L ib e r t y bonds 15,824 284,192 29,46b 62,405 37,407 28,084 47,970 1^»°02 1 0 .2 /6 23 ,o 3 2 2c, O g f iq U .S . V ic t o r y notes 8 ,2 8 4 119?^33 14 ,676 26,311 13.726 10,425 4-8,357 6,531 9 ,^ 7 ,*9^. U .S .c e r t i f i c a t e s of indebtedness „3n*2J7____3 § 5 ^ j 2 _ 3 9 ^ 7 ___6 ^ 3 66....2002-5 -3 ^ 9 9 7 ---- l l k ^ £7 1*+, 129, ..22^9^.— 2^ oc>Q- l 6..^ L ^ o ^ ^ — Total u. S. securities-67,321 847,sio 94,S06 199.923 97,989 S3,521 231,599 51.S10 44 5S1 6S>302 60,711 lbi .668 2 ,Civ/, ob7 Loans secured by U.S.bonds,etc. 1+2,787 557.12*+ 117,065 96,395 37.302 25,192 29,720 29,1+11 1^>53^ iu’Icn i?u’?rk Vpop’ qgg Loans secured by stocks & bonds 207,52^ 1,488,037 217,781 3^3,885 114,110 1+9,252 373,016 147,33b ^3,8^8 7^, 9^0 ^0,662 1 2 + , ^ ^,202,982 660,57.7 3 .288, 51U 429,328 783.924 339.318 35^,977 1 ,287,092 29^.?o5 26l>395 **59.&13 I ’kiv’ ipx A .11 other loans & investments 20,356 6$2,26S 63J. 3U 91.392 39.392 33.040 120,906 4o,846 26,032 50,4 dj ,069 1 ^ - 9 J.,1V,L23 R eserv balances with F.R.bank * W .5 & > , 0 3 3 il/s ,5 , 767 M » . -Lb,/Of f c . s * xh-.^uh11,330 c9,237 ,g o0^ 20^ , , gtrnL- -ni.> ,,5 Cash i n v a u lt 2b ,154 ^12b,7(82 b U iy+,V$5 o ,o ^ 15,560 n 0 ^ 31, Net demand deposits 797,097 5.1^.917 675,910 232,217 3 7 ^ 5 5 289,3^6 l , 3^2,737 3^2,09? 26g.r26f 5335^3y ^ 5 9 - 11 .3^.|»^99 Tine deposits 124,692 ’433,876 22', 38 6 324,922 96, 6s6 120, bU6 471,880 10bt c J A 5|.317 S^,-59 J>2 ,lir + 2 ,2^ , 0.2 Government deposits 13,781 158,947 20,536 22,264 8,522 3.627 25,527 5.°79 6 ,^ 2 0, ^ -,^-n Lr ’ ?m 1 o ^ ’^ O Bills payable with F.R. bank 35,898 51?, 575 7 5.090 95.^76 U9..614 47,861 107,9/2 21,233 19, /OO ^3.368 l ^ .^ g 2 - ^ 0 ’ 66a'000 £ills with 99,642 _____ 35.2f>9 17,383 _2^>129______ 53i313__2li!?^5—1§i9£7_ -- l l - -- -K'?-^ ^ X i.1 5 3 rrediscounted S U io C U U iil/o U v v x i / u F.R.bank * j»v » ucvA-u*, c 21,621 j j l , u u a 236,569 _ ____ r 5 ^ _ i- _ ~ ~ ________ ----------------------------------------------------------~ - — - — — -- — — ---------------------------------------— — 7-*rrr“ 7-^ 5-------------------------PKIN C !^ & O ^ 0im C E‘ B r r-r L ! A=Brri Lrrl f= Y=r.“ " l f E M S OF'MBvSER BANKS IN F .R . BANK AND BRANCH C IT IE S AND M/L OTHER REPORTING-^BA^iiS. *11 o7-v .nrrtT err nrmr^o nT-m irY nrPTJTTO,iA^KSNew York C it y C it y of Chicago A l l F .R .b a n k c i t i e s F-R -b ran ch c i t i e s re p o rtin g banks Nov -14----- Nov. 7 Nov. l 4 ----- Nov.7 N o v.lU — — Nov. 7 N o v.l4 ------------Nov. 7 ----- J °7C r Z d V Z * -!' No. re p o rtin g banks U .S . bonds to secure c ir c u la t io n Other U .S . in c lu d in g L ib e r t y bonds U. S . V ic t o r y notes U .S . c e r t i f i c a t e s of indebtedness Total u. S. s e c u r it ie s Loans secured by U.S.bonds, e t c . Loans secured by stocks and bonds All other loans and investm ents Reserve balances w ith F. R. bank Cash in v a u lt Net demand d e p o sits Time d e p o sits Government d e p o sits B i l l s payable w ith F . R. bank B i l l s re d isco u n te d w ith F . R- bank R a tio of U .S .w a r s e c u r it ie s and war paper to t o t a l lo a n s and in ve stm e n ts, p er ce n t 71 71 — ^ ^ ^68 100 §77 38,936 38,836 1,439 1,432 101,724 101^83 66,199 101,014 100» g 7 253,072 252,510 15,24*5 15,3^1 37^,999 373,^77 13°, 578 ! 33./o^ 105 5431 107 , l 6 l 2 2 ,6 /4 23 ,811 l6 4 ,2 _50 172,183 57 , 6o4 6^,331 50,005 5 f , oS2 _31Q, 900 374, 62.9_____ 57^.573------5^->-1^3---- 5-56^.9^!---- 5IOjj.83.----l6 .5 ^ i-8 ---ter^'r^n 768,345 773,136 96,931 9S,773 1.197,970 1,218,126 419,559 h e ' L - i 526,881 565,800 63,311 66,5^2 832,003 907,ol4 123,077 ^ 6 ,^ ^- - ^8 ^ * ^3 1,3^5,160 1,421,159 288,102 278,031 2,337,211 2,455, ,14 . ^ ’n?Q 1 70U gqo 1 70 2,929,595 2,927,960 709,680 7^,002 5.768,516 5,779.5f7 !,6 /3 ,858 6 ^ ,0 f 9 1 ‘^ * ^ 0 660,000 721,073 123.045 122,921 1,058,629 1,115.1^6 lg ,3 1 0 179, +77 o^giq 113,^7 116,124 38,709 39,370 220,171 220,689 67,876 g ,3 2 8 A , 456 _92,,619 4 , 698,916 4 ,7 0 4 ,7 4 1 879,182 904,026 2 , 001,621 2 , 020,179 1 ,5 9 8 ,8 6 4 1 ,553.^ 50 1 ,7 5 4 ,4 1 4 1 ,7 1 0 ,0 0 0 351,538 3^8,644 177 ,841 176,-232 1,022 ,496 1,073,998 600,553 595,397 5^0,993 539,565 156,212 195,167 18,514 18,042 235,849 279,5^6 24,467 ?/-? T l n ’ n^o 461,758 564,766 §4,S6l 40,252 702,203 801,393 215,162 2 2 2 , 06l I41,5b9 l g ,3 b l 217,251 203,942 4o,4&9 22,974 511,^64 4 6 lJ 0 1 90,107 82,274 bb,b29 bf.^b , . 2 2 .6 22-9 lg-7 14.2 12-9 19*5 18-1 18-8 15*3 L5* CONFIDENTIAL Not for publication Federal Reserve Bank RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES, St.720 RATIO OF GOLD RESERVES TO F. R. NOTES IN ACTUAL CIRCULATION, AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF ALL FEDERAL RESERVE BANKS. November 21, 1919 Ratio of total reserves to net deposit and F. R. note liabilities combined November 14--- November 21 Ratio of gold reserves to F. R. notes in actual circulation after setting aside 35$ against net deposit liabilities November ll]--- November 21 Ratio of gold and Ratio of gold reserves lawful money reserves to F. R. notes in to net deposits actual circulation Nov-lU----Nov. 21 Nov-lU---Nov.21 Boston 1*1+.2 1+0.9 1*9.3 1*1*.2 1*9 .S 1*0.2 1*1 .1 1+1 .3 New York ^3*7 U5 .0 52.6 55.1 1*6.5 1*9.1* 1+0.9 1+0.7 Philadelphia 1+0.2 1+0 .1+ 1*2 .S 1*3 .1 39*1 1*0 .1 1*0 .s 1+0 .5 Cleveland 1+6.6 1+1+.6 53-0 50.1 ^7-1 1+5 .S 1*6.4 1*3.9 Richmond 51-3 50.2 5S.5 56.2 73-1 70.0 1*1.6 1*2 .3 Atlanta U3.5 1+3-9 1*6.3 1*7 .1 5 1 .S 52 .S 1+0.7 1*0.7 Chicago 53*1 52 .s 63.1 62.0 1+3 .5 1+3.3 5S.1* 57-6 St. Louis 55-7 53-7 6i*.s 62.0 5 1.1 52.1 57-8 5I+.1+ Minneapolis 50.7 1+7 .1+ 61.0 55*6' 60.s 52.7 i*i+.l 1*3.9 Kansas City 1+6.9 1*9.6 57-0 62.9 1+9.3 55-0 1+1+.9 1*1*.7 Dallas 58*3 56.2 75-0 71.7 79 .^ 78.2 1+3 .1 1*2.0 San Francisco **9-7___ i+g.i+ 57.0 1*7-1 1*6.9 55-2 Total FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 26, 1919. .... .5*b9 ....... 5U.7 1+6.9 1*2-5 ................ .. i+s.s . . . ______ 51-2 1+6.2 1 ....... .. 50.0 1*5.6 RATIO OF "FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITSCONFIDENTIAL Not for publication ot.721 November 21, 1919- (In thousands of dollars.) "Float" after deducting iNationaj. ana x-xi.. uc«u>. notes, also net investment in transfers from second calculation Ratio to immediately available deposits Amount Per cent 1 2 .1+ 16,^19 Boston "Float” after adding net debit "FLOAT" or deducting net credit in Batio to Deferred Sn-h-nrdAv’s settlement immediately Uncollected availability Amount Ratio to immediately available items items available deposits deposits Amount Per cent Per cent 16,809 12.7 13 ,0^8 66,21+2 9*9 79>290 New York 239,113 171,652 67 ,U6l 8.2 60,9S7 Philadelphia 79.752 7 7 ,6ss 2 ,06U 1.8 6 .6U0 5.8 6,61+0 5-S Cleveland 7U,3l1+ 6s,6UU 5.670 3-9 10 ,21+1+ 7*0 9.335 6 .!+ Richmond 89,270 76.5^7 12,723 ISA 11*388 16 .5 11.135 1 6 .1 Atlanta U2.971 1+0,509 2 ,1+62 1+.1+ (a) 615 - (a) 1 ,21+1+ - Chicago 116,023 93.58S 22,1+35 s.U 20,913 7-9 15,680 5-9 St. Louis 67 ,^6S 55.^99 11.969 1 6 .1 13.506 18-2 12,7^1 17*1 Minneapolis 23 ,69'S 19.7^0 3.95S 6.7 6,828 1 1 .5 5.99^ 10-1 Kansas City 79 ,51+0 69,620 9.920 9-9 5,823 5-8 6,501 6-5 Dallas 39.367 19,991 30-0 18 ,96E 28.5 13.69^ 20.6 59.35S o3l$xL rranciscu ll7 71 X 32,10S is, 605 12,5 18.815 12 .6 gfioU 6.8 Sll,20U 187,306 9-2 187,306 9-2 165,936 8.2 Federal Reserve Bank 60,987 7-*+ .. (a) Excess of deferred availability items* FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 26, 1919 7-1+ COMPOSITION OF UNCOLLECTED ITEMS AND 3ETZHHED AVAILABILITY ITEMS. c 0 N F I D E NT I A L Not for publication Bank St.721 a (In thousands of dollars.) UNCOLLECTED ITEMS Checks *National Bank •Clearing and notes sind House other hank notes of Transfers All other Exchanges cash other bought uncollected items F. R. banks items Boston 6,223 171 390 3 U,U63 6 ,1+17 - Philadelphia 5,*+23 1,373 Cleveland 6,523 Richmond November 2 1 , 1919* DEFERRED AVAILABILITY ITEMS Total Gold Transfers Settlemtnt sold Suspense Government transit items Other transit itorr.s Total 72,506 79,290 25,122 1*1,12 0 66,21+2 - 192,233 239,113 7^,560 97,092 171,652 - - 72,956 79,752 28,20S 1,590 *+7,290 71,688 26 1+1+0 ^9 66,856 7*+,3l^ 23.551 1,916 *+3,177 6S .6HU kjUz 153 253 - 81+.122 29,270 32,073 925 ^3,5^9 7 6 ,51+7 Atlanta • 1,103 s6 629 '- 1+1,153 *+2,971 6,152 1,565 32,792 1*0,509 Chicago 6,266 - 1,667 k,2 l6 103,871+ 116,023 35,235 1 ,09^ 56,009 93,5ss St. Louis 1,979 391 765 - 6*+,333 67 ,1+68 21,050 737 33,712 55. *+99 Minneapolis 3,255 172 53 781 19,^37 23,692 9,207 562 9,971 19,7^0 Kansas City ' 389 Hoi 292 - 78,1+58 79,5*+° 10,723 970 57, s 67 69,620 Dallas 1,022 1,327 99 5,675 51,235 59,352 9 ,12 s 500 . 673 29,066 39,367 J-,.623 . .. 37.926 1+7.71"? -12,190 1 230 19,687 32,108 ,2S7 _.S59_____ 2 ,12 1 9,292 511,932 811,201* New York San Francisco Total _ ...1,920 ---- a5-— . ... 29 73.308 10,612 FEDERAL RESERVE BOAED DIVISION OF REPORTS AND STATISTICS NOVEMBER 26, I919. * ^,677 ____ 18 ,761+ 891 ,11+9 992,510 650 FEDERAL RESERVE BOARD GOLD SETTLE MEN f EUND X-1708 Summary of transactions for week ending November 26, 1919________________ ____ CONFIDENTIAL_________ Aggregate Balance last Aggregate Gold THAN SFE R S statement deposits and Gold Federal withdrawals withdrawals transfers deposits and transfers Reserve November 2q , Debits Credi ts from Agent’s Bank of 1919 to Agent Ts fund fund Boston 32 ,877 ,7 1^ 5 7 3 .000.000.00 20,498,972.37 1 18 ,304 ,592*42 New York 3,634,106,97 Phi lade Ipliia 30 ,025 ,787.00 14,459,286.82 3 .920 .000.00 3 ,000,000.00 Cleveland 2 5 ,7 3 1 ,519.87 8 ,150.00 8 ,150*00 5 .000.000.00 470,768.99 33 ,671 ,208.84 Richmoid 2 ,600.00 3 .000.000.00 5 ,079 ,873.14 2 ,281 ,313.18 3 .000.000.00 2 ,600.00 16 ,631 .827.43 Atlanta 1 ,300,00 500,000.00 4.000.000.00 4.000.000.00 1 ,001 ,300.00 206,679.07 Chicago • 64,167,247*13 4.040.000.00 4,o4o,000-00 1 5 ,500,000.00 6,603,189.15 16..403 >294 .S9 St.Louis 5 ,Ouo,000*00 375*500.00 375,500.00 269,331.00 17,397,230.12 Minneapolis 2 ,OUO,000.00 155,009.30 42,570,826.42 •Kansas City 10 ,000.00 176 ,500.00 176 *500*00 10 ,000.00 395,572.09 Dallas 20,773;79 374 .300*00 149,268.22 5 .120 .000.00 8 :900.00 8,900.00 374..300.00 SanFrancisco 13-550,000,00 64,0 *9.92 31,227,372.99 l6,550f000.00 9^6. 500,00 Total 449J£2,4l3.1p 14 .313 ,700.00 12 ,170 ,050.00 48,753,980.11 48,753,980.11 2 1 ,313 ,700.00 1 1 ,233 t550*00 Federal Reserve Bank of Bos ton New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San 15V tnr.i o Tot-\ Settlements frc>m November 21, 15J19 to November 2 t5, 1919 both inclusive> Net Debits 9 ,130 ,623.53 1 7 ,925 ,811,70 8 ,7 0 6 ,248.79 Total Total Debits Credi ts 116,917.846.10 107,787,222.27 390,831,519.38 372 ,905 ,707.68 132,808,147.92 124 ,10 1 ,899.13 103,105,970.90 108,514,408.89 6,197,755-04 135,325,725.50 129,127,970.46 52,548,505-1050,119,385.03 172 ,896,913,80 183 ,532 ,130.80 107,249,440.44 109 ,342,097*42 35,135,825.02 2 ,918 ,174.50 32 ,2 1 7 ,650.52 70,066,109.44 7 9 ,126 ,625.50 51,230,334-22 5 7 ,280,168,40 5^. 472.751.85 44.269.920.27 ^,378,513.86“1,409;95?Tl38.02 T , W t t f h i W § r Net Credits 5,408,437.99 2 ,429 ,120.07 10 ,635,217.00 2 ,092 ,656.9 s 9 ,060,516.06 6,049,834.18 9,202 ,^1.58 i+4;37B:fi3^F . Summary of chang*es in owner— Balance In ship of gold by banks through Fund at close transfers and seittlements. of business, November 2bt Decrease Increase 19198 ,368,348.54 4 1 ,2 ^6 ,063.11 21,559,918-67 96 ,7 ^4 ,673.75 1,833.038.03 28,858,825.03 26 ,618 ,876.85 879 ,206.98 27,672.293.84 8,996,315.00 2.135.799.14 21.766.326.57 69,9^5,653.28 1.738.406.15 2 ,637 ,512.02 13,390,282.87 12 ,634,064.92 4,7b3,lb5.2o 9 .456 .088.15 52 .193 .414.57 21,487,493.82 1,079,102.40 12 .46b,921.50 .... 28,080.194..49 37,95^,910.89 37,956,910.89 440,&38,/b3.10 F S u m F e m d a r y e r a R o f t r a s a c B a : l e s e r v e A n g e n A t i o : t t n s l a n c e l a t s : s t a t e m : N o v e m f o r w E e e k D e n e n b e r t G 2 0 : , 1 9 1 9 ____________ , 0 0 0 , 0 N e w Y : 8 5 j o c c , 0 0 0 : 6 5 , 3 : 7 0 , 0 0 0 , 0 0 0 : 5 : 4 8 . 0 0 0 , 0 0 0 : 2 4 8 , 0 0 0 , 0 0 0 ; 5 , 1 4 4 , 5 : 6 3 , 9 3 0 l i s : 1 9 i t y : 3 : : C l e R v t l a C h S t . L M i n K a n D a S e l a i c h m A e l p n h i a d o n d n t a i c a g o o u n i s e a p s a s l l a a n : F T o C s r a n o t a c i s c o l » 2 4 2 N R o v e m E S b e r E b 2 R , 1 V 9 1 E 9 A G 8 : G d : 3 0 0 , 6 0 w a l s : o l d — o s i t s : T S 1 F U N X-1708 D _________ CONFIDENTIAL d r a w f o t r a n t o b a l s r s f e a n r s k : D e p o : t h : t r a : f r o m n B a l c - n : c l o • « b u : N s i t s r o u s g h f e b . T o t a l : T o t a l r s a n W k i t h : , 0 0 0 - 0 0 0 : : ; 2 , 0 , 8 0 0 . 0 0 0 : 6 , 8 6 0 , 0 0 0 : 1 1 , 4 8 4 , 0 0 : 8 7 # 8 4 4 : 0 0 0 : 3 3 , ^ 5 2 : — 0 0 ; 0 0 ‘ , 0 0 0 , 0 0 0 ™ ■ — 1 9 — ; : , 0 0 0 , 0 0 0 j — ; : : : : 1 , 5 0 0 , 0 0 0 ; -------- 3 - ' d r a w a l s • ------- , 0 0 0 , 0 0 0 . . - . D e p o s i t s s c e e o s i n o v . a t : f e s s 2 6 , 0 0 -------- ------- ----------- 1 : 0 — 1 , 5 0 0 , 0 0 0 9 3 6 , 5 : 7 , 0 0 0 , 0 0 0 1 6 0 0 : 4 9 , 0 0 0 , 0 0 0 4 0 , 1 4 4 , 5 0 0 : 6 1 , 9 3 0 , 6 0 0 : 1 9 , 0 0 , 0 0 0 : 3 6 , 3 6 0 , 0 0 0 : 1 1 , 4 8 4 , 0 0 0 : 8 9 , 9 0 7 , 5 0 0 2 2 , 0 1 5 . 5 6 , 0 9 : , 2 , 0 : 0 1 , 0 0 0 , 0 0 0 ------------ 0 0 , 0 0 0 : : — — 1 , . 5 0 0 , 0 0 0 ; : 5 9 6 : , 0 0 0 , 0 0 0 , 3 4 : 3 2 : , 0 0 0 , 0 0 0 : 6 : 2 7 5 0 0 : , 0 0 0 , 0 0 0 : 6 0 , 0 0 0 , 0 0 0 2 : 3 0 3 , 0 0 0 , 0 0 0 , 0 0 0 9 , 0 0 0 , 0 0 0 5 , 0 0 : 5 6 5 2 8 0 : — — : 0 : : : — , 0 , 0 0 0 t : , 0 ; 0 : : 9 5 , 0 0 0 , 0 0 0 0 4 : : — — : : 0 0 0 , 0 0 0 — : : : — : ------- : : : : 3 — > 0 0 0 , 0 0 0 — 2 » : 0 0 p i t h : : , 0 0 0 , 0 0 0 6 e N » _________________________________________________________ w — : 5 , 3 D : — : 0 : , 0 0 0 , 0 0 0 : : 9 r a E 1 9 1 9 . 2 d g L o l d i t h 5 i l a 0 w : h i n A , t e n P d R W : B o s o r k E 9 3 6 1 9 3 , 5 0 0 6 0 , 5 : 0 : 3 , 0 0 0 , 0 0 0 8 , 5 0 0 , 0 0 0 : 2 8 8 0 , 0 0 0 0 ACCEPTANCES HELD BY EACH FEDERAL RESERVE BANK ON THE LAST FRIDAY IN OCTOBER, 3919, CONFIDENTIAL DISTRIBUTED BY CLASSES OF ENDORSERS, ALSO MOUNT OF SUCH ACCEPTANCES PURCHASED St.722 Not for publication FROM ACCEPTORS AND AMOUNTS ENDORSED BY MORE THAN ONE BANK OR BANKER.______________ jAcceptances Acceptances endorsed Acceptances bearing Acceptances endorsed Acceptances •bought from by more than one bank by one or more banks not endorsed endorsement of or banker (other than 1 the Total by any bank other than member one or more the acceptor) acceptor banks or banker member banks * V Boston New York Philadelphia Cleveland $26,407,982 $3,606,39^ $19,102,944 44 ,115,968 41,257,552 - 85,373,520 - - 655,730 655.730 31,363.732 18,4o 6,2S5 - $49 ,117,320 3 ,293,296 - 50,757.281 $65^,575 2,816,137 150,000 150,000 - 5.732,599 5,282,599 5 ,732,599 Atlanta 100,000 - 12 ,109,290 12 ,209,290 1 2 ,109,290 Chicago 5 1 ,704,116 10 ,56*4,516 1.972,796 64,241,423 32,200 s,834,160 - 800,000 9,634,160 - Minneapolis 19 ,190,156 - 19 ,190,156 - Kansas City 450,000 Dallas - -- - 987,258 Richmond St. Louis $4. 603,954s 2 1,11 5 471,115 1,475,000 1 ,475,000 4,321,963 1 ,817,220 2 1 ,1 1 5 - 1 ,475,000 - t San Francisco 58,962,833 36,386,096 Total,Oct. 31 24l,934,733 110,220,843 222,905,11S Total Sept.26 224,833,624 Total Aug. 29 Total July ?5 ?.42,?6l;213 FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 23, 1919 87,040,812 95,342,979 42,201,002 39^,356,578 20,024,779 33,34^,996 50,353,610 59,470,763 26,544,575 342,490,505 12,371.953 60,386 ,568 30,430,501 363 ,139, ^17 1 3 ,088,101 112,487,228 20,708,058 L37-5j35.6i423 i 1 6 ,110,721 42,075,777 * Includes acceptances endorsed by both member and non-member banks or bankers. NOTE; Acceptances bearing endorsement of acceptor only are classed as i1Acceptances not endorsed by any bank or banker." 107 ,820,292
@FedFRASER