The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.'.el eased for publication Sunday Darning Sept. 22, 191S; not earlier.
STATEMENT FOR THE PRESS.
September 21,
*-1815
19I S .
Further increases in loans supported by Government war securities in connection
•vith the SCO million issue on September 17 of Treasury certificates also substantial
additions to outstanding note circulation are indicated by the Federal Reserve
Board's weekly statement issued as at close of business on September 20, 1313.
INVESTMENTS: The statement for the first time segregates war paper from other
discounts. The former includes member banks' notes and customers' paper secured by
Libert;/ bonds and Treasury certificates, and the latter - holdings of all ether sec
ured and unsecured paper discounted by the Federal Reserve banks. It is seen that
whereas the holdings of war paper increased about 75 millions during the week, other
discounts on hand fell off 22,1 millions. Acceptances on hand show an increase of
I O .3 millions, largely at the New York Reserve bank. The increase of S*1 millions in
U.S. short-term securities is made up largely of 1-year Treasury certificated depos
ited by the Reserve banks with the U. S. Treasurer to secure bank note circulation ■
Total earning assets show an increase of 54.7 millions.
E5P0SITS: Net withdrawals of Government funds totaled 37
millions , Minneapolis
and Boston reporting the largest reductions for the week. Members' reserve deposits
increased 5 ^ ‘S millions and net deposits - 7
millions.
RESERVES: Gold reserves declined about 1 million and total cash reserves - 1.7
millions. Considerable shifting of reserves away from New York and Minneapolis,
largely in connection with the transfer of Government funds is noted* The banks’
r e sa le percentage shows a decline for the week from 53 • 7 to 5^-9 per cent.
NOTE CIRCULATION: Federal Reserve note issues during the week totaled 57>3
millions n e t , The banks report a total Federal Reserve note circulation cf 2,295
millions, an increase for the week of 49*6 millions. Federal Reserve ijafik notes
have been issued by all Reserve banks, their aggregate liabilities on. thJase notes
amounting to 33-2 millions, an increase for the week of 5-5 millions..
CAPITAL: An increase of $13o,000 in paid-in capital is due largely to payment
for Federal Reserve bank stock by newly admitted banks, the Chicago 3ank alcne re
porting an increase of $79>000 in its paid-in capital.
CONDITION OF MEMBER BANKS, SEPTEMBER 13, 1918 •
Large withdrawals of Government deposits accompanied by substantial increases
in demand deposits are indicated in the Board's weekly statement showing condition
on September 13 of 73^ member banks in leading cities.
Treasury certificates on hand were 28.4 millions less than the week before,
while U .S. bonds, other than circulation bonds? ,fell off lo-S millions. For the
central reserve cities reductions of 1 2 »1 millions in the holdings of certificates
and of
bonds are shown. Aggregate loans secured by U .S. war obligation-,
s h o w an increase for the week of about 2«2 millions, vfoile other loans and invest
ments went up 4 .2 millions. Somewhat larger increases of these two items obtain for
the central reserve city banks. Of the total loans and investments the combined
ratio of U.S. war obligations and loans secured by such obligations was l6.4 per
cent, as against l 6 -7 the week previous* For the central reserve city banks this
ratio shows a decline from lb.2 to 15 *7 per cent.
Government deposits show a reduction of 174.8 millions, all classes of banks
reporting substantial withdrawals of Government funds. Net deposits, on' the other
hand, went up 13°-7 millions, gains -under the latter head being more or less commen
surate with reductions in Government deposits shown. Time deposits show a decrease
of l 4 .4 millions, largely outside of central reserve cities. Reserve.-balances with
the Federal Reserve banks declined 28.9 millions, a larger decline being shown for
the banks in the central reserve cities. Practically no change is seen in the
totals of vault cash.
For all reporting banks the ratio of loans and investments to deposits shows
a slight increase from 125*7 to 125 .S per cent. For the central reserve city banke
a rise of this ratio from 116.3 to I I 0.6 per cent is noted. The ratio of a g g r e g a t e
reserve balances (with the Federal Reserve banks) and cash to deposits declined fro.:.
14*5 to lu -7 per cent for all reporting banks and from 16.2 to 15*7 Per cent
/ lie
central reserve city banks.
"Excess reserves"of all reporting banks work out at 4c
millions as against 88 .9 millions the week before- For the central reserve cit;r
banks a decline of this item from 08 .3 to 29.4 millions is noted.
V
i'tw
o i s o 0-
0.-'
Li
_ c . . . . ' ^n
.ii. J--. y
i-ox*nxi.^-
-
. _ . )
-
STATEMEKT OF COMBINED RESOURCES MID LIABILITIES (
R E S O U R C E S
Gold in vault and in transit
Gold settlement fund, F-R* Boax d
Gold with, foreign agencies
Total gold held by banks
Gold with Federal Reserve Agents
Gold redemption fund
Total'gold reserves
Legal tender notes, silver, etc.
Total reserves
war
B ills discounted: Secured by Government/obligations
All other
B ills bought in open market
Total bills on hand
U* S* Government long-term securities
u
short-term
ft
All other earning assets
Total earning assets
Uncollected items (deduct frcra gross deposits)
3 % Redemption fund against F.R- bank notes
All other resources
TOTAL RESOURCES
L I A B I L I T I E S
'~c J T
151c
5 .8 2 9 . 000
2 5 7.341.000
___5^523 ,.000
8 3 3.486.000
536,009, 000
9 ,4 4 2 ,
4 4 .0 8 6 .0 0 0
2.024. 559.000
2.023. 552.000
5 3 . m ^pog
5 2 .4 81.000
2.076.039.000
i , 146,357,000
513,729,000
2. 077. 732.000
1,071,304,000
541,943,000
23q.750.000
__ a50,03p,ooo
1 . 910. 173.000
2 3 ,0 2 2 , 0 0 0
4-1,572,000
_________ S4,-QQ.Q
1.981.162.000
654,843,000
2,112,000
.......12^ 6 i a rQ Q Q
4 ,7 2 6 ,7 6 6 , 0 0 0
000
1,402,317, 000
49.934, 000
1, 452, 251,000
133,752,
000
161.012. 000
1 . 352. 997.000
73,689,000
1,134,000
344,770, 000
53 , 929, 000
29. 563.000
33.777.000
___ „ 81.000
1.916.418.000
697, 225,000
1 , 405,000
13.013.000
4 . 705. 793.000
4o4,_000
__________
2 , 132 , 179,000
72,553,000
59.354.000
169. 141.000
1 , 134,000
41,070, 000
214, 000
439, 923, 000
239,041, 000
500, 000
25.030.000
1 . 151.704.000
206,733,000
1,469,603,000
527.752.000
115.302.000
1,524,528,000
490. 265.000
164.449.000
___ 51, 779,000
1 .392.962.000
2 .2 8 4 .1 0 7 .0 0 0
2. 319.390.000
2 . 295. 031.000
4 ,7 2 6 ,Too,000
2.245.429.000
2 ? ^ ? 2 rQC0
33,615.000
57iw S F 5o o
£,132,-173,000
5 2 -9>
. 53-?£
19 ‘®7°
3 3 ,2 0 8 ,0 0 0
___ 34,,597, QQQ
65 .6^
67 . 2fo
.J,
21,191?
$^30,979,000
,000
37j>,327,<
■5.2,„5P.Qa,000
«p-S/«66, 000
,123,132,000
1,145,950,000
September
,,
Capital paid-in
Surplus
Government deposits
Due to members — reserve acccunt
Collection items
Other deposits, including foreign government credits •
Total gross deposits
F-R* notes in actual circulation
F* R* Bank notes in circulation - net liability
All other lia b ilitie s
TOTAL LIABILITIES
Patio of total reserves to net deposit and F-R- note
lia b ilitie s combined
Ratio of gold reserves to F~R. notes in actual circula
tion after setting aside 35 ^ against net deposit
lia b ilitie s
. ■
i-1 e j.i 1„ e »
USluEoS SEPTEMBER 20,
THE ifJciiLiEilaL KtCSErtVE 3i\NIvS AT CjuOSE
September 13, 1 9 ^
September 20, 19IS
$326,214,000
$ jQ{ >6 o 0 , 0 0 0
465. 290.000
4 5 9 .99 7 .0 0 0
i
670.246.000
s,000,000
1 .6 1 7 .0 0 0
ne . ^astd i or
Lc a
-U v.
s- earJier
morning. Se'PceuiUH «/*,, J.s.ib-
"r
W E E K L Y .S T A T E M E N T
OF RESOURCES A N D
L I A B I L I T I E S .EOR E A C H
OF
(In
R E S O U R C E S .
•G o l d
in vau l t
Gold
and. i n
settlement
Total
Gold redemption
Total
Bills
notes,
bought
in
bills
Total
govt^obligations
other
open market
long-term
U-S«Government
other
etc.
'
securities
11
short-term
earning
earning
assets
assets
Uncollected items
(deduct
fund
F-
R-
.b a n k n o t e s
M l
other
B \F£C
XH J-b.
AT HL0SE OF BUSINESS
dollars*)
Atlanta
Chicago
St.Louis Minn.
Kans.Cy
24,898
6,294
b, 712 2 6 , 3^5
1,223
8,177
1£2
64,220 26,392
77,5^1 22,430 1 3 ,H 5
21,932
7 7 S3
....,,4q.S_____ _525..... ... 20k.
— 2 J 0 1
J 0 6 ____ -23-3______ 233_____ -291
-1X571,581
315,759 70., 199 89, 6U3 32,890 1^,670 104,702 23,386 21,525 22,'405
59,242
286,910 1 1 1,1 1 1 144,024 M-5,369 Uo,5l 8 197,659 56,660 27,516 57,562
4, £1 2 .. .. 15..00Q___ 5,-0QQ___ 1 ^ 3 _____ 632.___ 3,123____%Jx5&___ 2_5J3___ 2JI3-3____1,1^2,
617,669 126,310 234,690 75,951 50,309 307,717 83,133 5 1 , 8 7 4 81,109
135,935
54
272.
61U .... 159 ... 1
44 808 ...... SZ3.
__ 2,...6.16.
293309,424
662,477 187,183 23^,923 79,565 53,468
83 , 533 51,928 81,381
133,551
524,966 80,609 5*+, 158 47,726 39,650 157,717 44,763 25,573 29,108
67,555
1 6 ,50U
132, 1+21 21,030 36,775 18,100 28,125 80,792 23 > 5 5 44,955 42,078
136
4.600
17.211
1. 822_
142
4,622
1.3.L.9.7S _i,o44 .30,100.
QS'J H
70,047
71,000 71,322
113,370
739,365 110,683 121,033 70,426 72,397 255,720
1,448 • 1 ,3 ^ 8
116
8, S67
581
4,509
53S
1,233
1,153
1,791
1,324
3,22 0
4,112
2,760
1,510
i,4 i6
1,321
1,035
22,279
991
66
115,324
213,092 115,251 125,584 73,169 7 4 ,0 3 5 2 6 4 ,3 4 1 72,521 72,151 81,513
272,357
41,391
Ob j050
186
69-,605
,
.,..............t o p . . .
49,19s
against
of
Rieka.
from
gross*deposits)
’
'5/3 r e d e m p t i o n
thousands
Clevel*
RESERVE
■
on h a n d
•U- S ' , G o v e r n m e n t
All
silver,
reserves
di s c t d : S e c . b y
Total
Agents
fund
All
Bills
Reserve
Hew York.Phila-
FEDERAL
-_______
by banks
gold reserves
tender
Total
F^R^Boar.d
agencies
gold held
Gold with Federal
Legal
transit
fund,
Gold with foreign
Boston
^*7
, . > u 'C-J
.
THE
resources
TOTAL RESOURCES
168,918
60,977
47,845
47,142
3 0 ,.338
77,353
55,163
I5,6l4
52,610
Dallas
7,o4i
7,257
San
rran.
Total
367,660
459,997
10,822
40 ,281
___ 5..-S2S
2Qk
321
833,486
14,502 51,424
1
,
145,950
95,052
24,319
44 1,22
4iS? 1.46,
40,967 i 4 6 ,894 2,023,553
5 2 *fcSl
169
_5J£
4i , 4s3 147,063 2, 076,039
23,504 45,728 1, 146,357
513,789
23,085 46,439
250.032
695 20.364
52,284 112,531 1, 910,178
29,022
3,461
3,977
41,878
1,008
902
...
18
84
57,163 117,018 1, 961, a&2
19,530
30,155
654,843
13s
84
2,112
34
924
150
42
—
4s
280
10
402
1,622
1,176
12,610
885
2,023 . 1,452
673
895
794
1,429
5^2
211
902
303,992 i , W 743r-365, 0i 3 409,127 200,771 163,683 652,827 211/769 139,50*+ 216,814 119, 93b 295,496 4 , 726,766
L I A B I L I T I E S
Capital
paid-in
Surplus
Government
Due
deposits
to members.,
Collection
Other
reserve
account
20,173
17,391
94,972
18,792
677,909
116,804
gross
25.-274.-
deposits
F.R^r^otes
’i n a c t u a l
F.Denotes
in c i r c u l a t i o n ,
circulation
other
OTAL
r
■3,922
116
15,682 15,996
89,047 107,351
7,330
45,442
53,522
4o,25s
52,502
3,142
4o
10,083
10,890
216
24,748
34,112 201,01s
22,723 56,475
2,890
33
3,600
3,076
12,047 12,242
7,645
10,129
35,502
17,056
169,l 4i
72,866 1,524,528
10,818
19,284
3,731
—
54,020
41,424
42,797
9,527
4,523
78,689
1,134
70,865
29,188
490,265
LIABILITIES
1.456
207
66,942
3,697 109,071
92,294 347,805 97,294
’3 0 .
——
2,258
100,173
63,279 107,698 56,449 111,464 2, 284,107
72,267 95,386 56,39s 175,813 2,295,031,
26
1,680
33,^08
11,2^4
1,640
769
4o
2SS
5,685
320
39
2.S72
8,023
1■
■
1.4.1.. £ J 2 l L
-5QfL
971
4 r534
1,353
1.391
12*iQ 6— ,1 , 7.43___ 2J +15___ 1.594
-3k, 593303,992 1 ^647,434 365,013 409, 127 . 200,771 163,683 652,827 211,769 139,904 216 , 8i4 119,936 295,496 4 , 726,766
S os
liabilities
222
11+8, 670 - 909,479 158,251 176,071 93,030
145,576 . 693,083 196,028 221,084 102,003
net
•liability
All
3,768
including foreign
government credits
Total
7,351
649
36,307
items
deposits
6,557
75
-
■
Released for publication Sunday morning September 2c,
lyltf.
FEDERAL RESERVE N O T E S :
R e c e i v e d from C o m p t r o lle r
Returned
Issued
of F .
R.
Agent ‘
to F- R- B a n k
r e t u r n e d to F- R .
• . r e d e m p t io n
2 1 0 ,3 0 0
. . . .
1 ,1 0 3 ,2 8 0 2 b 7 J S O
;
to C o m p t r o l l e r
C h a r g e a b le to F . R . A g e n t
In h a n d s
New Y o rk P h i l a .
9 1 ,5 0 0
^ 12-3:.
AT CLOSE OF BUSINESS SEPTEMBER 2 0 ,' 1 9 1 8 ..
thousands of d o llars- )
C level.
4 7 ,9 2 2
3 2 , 3 7 5 ____ i 5 5 . 9 0 *
1 7 0 ,3 2 3
3 5 2 ,3 7 6 2 1 9 ,3 5 8
2 0 ,9 6 0
• •-
ACCOUNTS
STATEMENT OF FEDERAL RESERVE A G EN TS'
(in
Boston
Not eariier- .
Rician.
A t l a n t a C h ic a g o
S t .L o u i s
Minn,. K a n s . C y . D a l l a s
• '
2 7 1 , 0 * 0 ' 1*7 , 2 8 0
■.
,
1 * S J * 0 - . * 3 3 , * * 0 ' 1 2 7 , 3 0 0 ■9 3 , 0 8 0 1 2 9 , 7 0 0
2 3 ,3 9 6
2 * 7 ,* * *
2 2 ,5 ,6 6
1 2 5 ,7 7 *
5 ,9 2 0 1 2 ,3 * 0
2 9 ,5 * 1
1 1 7 ,7 3 9
7 ,2 * 0
3 0 ,2 6 5
30 j U $
* 0 3 ,0 9 *
> 5,2 6 0
2 2 , 4 1 5,,,, 1 6 , 3 9 ^
105JS5
7 6 ,6 3 2
2 ,* 0 0
3>130.
Fran.
Total
,
>
o b ,b 6 0
rri, .
hAn
2 0 0 ,5 0 0 ^ , 2 ^ , 4 0 0
6 3 ,5 6 6
l o b ,7 5 b
IfL g g
2 1 ,* 2 5 10S„275
7 ,3 2 0
San
1 1 ,* * 5
2 ,5 6 7 ,2 7 4
--------
2 4 1 ,0 8 0
i e 6 ,7 5 b
2 ,4 4 6 ,1 9 4
--
2 1 7 , 2*0
l e s s amount
Agent fo r
• 1 * 9 ,3 6 5
7 6 0 , 5 7 6 2 i o , 9 3 S 2 3 5 , 10 *
_
1 1 0 ,4 9 9
9 5 ,5 0 9
.
--
2 , 50 *
3 6 2 ,3 3 *
10 2 ,9 5 5
7 3 ,5 5 2
--
13 ,1 0 2
1 0 0 ,9 5 5
.5 7 ,1 2 1
--
1 I , 0S 1
COLLATERAL' SECURITY'FOR
OUTSTANDING NOTES:
G o ld c o i n a n d c e r t i f i c a t e s
. hand.
cn
G o ld r e d e m p t io n f u n d
Gold settlement fund, F.R-Board
5 ,0 0 0
1 6 3 , 7*0
3 ,2 * 2
4 6 ,0 0 0
1 3 ,1 7 0
1 1 0 ,0 0 0
E l i g i b l e p a p e r ,m in im u m r e q u i r e d 9 0 . 1 2 3
Total
'
AMOUNT.OF ELIGIBLE PAPER
DELIVERED TO F. R. AGENT
.
'
U ? 5 .6 6 6
-1 0 ,8 7 *
1 0 0 ,2 3 7
9 9 .3 2 7
2 1 , S 13
1 2 ,2 1 1
1 1 0 ,0 0 0
9 1 .0 5 0
1,3 6 9
* * ,0 0 0
6 5 ,1 3 0
5 * .9 9 1
14 9 ,3 6 5
7 6 0 , 5 7 6 2 1 0 , 9 3 s 2 3 5 , 1 0 * 1 1 0 , U99
II3 J 7O
739,365 10*,06l 1 1 9 J3 5
--
2 ,7 * *
3 5 ,2 7 0
2 ,2 * 0
1 9 5 ,* 1 9
1 6 5 ,1 7 5
3 ,0 3 7
5 3 ,6 3 1
1 ,1 1 *
1 3 ,3 0 0
2 ,2 0 2
5 5 ,3 6 0
1 0 ,3 5 1
2 4 ,7 0 1
1 0 ,1 8 4
7 0 ,6 0 S
102
*6jl7
9 5 ,5 0 9 3 6 2 , 5 3*
* 6 .0 3 .6
U3 .j 3 i . _ 3 2 , 8 0 2 ..........9.1
1^ 9 0 ^ 2^
10 2 ,9 8 5
7 3 ,5 5 2 1 0 0 ,9 5 5
5 7 , 1 2 1 1 0 6 , 7 5o 2 , 4 4 6 , 1 9 *
'
■
3 ,05b
=
69,306
6 *, 105 255,720
62,133
6*,*90
71,322
52,234
99,441 1,364,987
M E M O R A N D A
FEDERAL RESERVE NOTES- OUTSTANDING AND IN ACTUAL C IR C U L A T IO N .
F.
v.
R . n o te s o u ts ta n d in g
R . notes- h e l d by b a n k
F.R-
1 * 9 ,3 6 5
,3 .7 8 9
n o t e s -in-actual c i r c u l a t i o n 1 * 5 , 576
7 6 0 ,5 7 6
67. *93
2 1 0 ,9 3 3 2 3 5 ,1 0 *
l * .q i Q - 1 * , Q 2 0
D
ill s
U-S>Government short-term
M u n ic ip a l w arrants
se c u ritie s
9 5 ,5 0 9 3 6 2 , 53*
3 .2 1 5
1 5 .0 2 9
6 9 3 ; 0 3 3 ; 1 9 6 ,.0 23 2 2 1 , 0 3 * 1 0 2 , 0 0 3 • 9 2 , 2 9 * 3 * 7 ; 3 0 5
'DISTRIBUTION O F
■
,
, ,
, j.
d i s c o u n t e d a n d b o ug h t
1 1 0 ,* 9 9
8 , *96
5 ,6 9 1
97 , 2 9 * '
7 3 ,5 5 2 1 0 0 ,9 5 5
5 7 ,1 2 1 1 3 6 ,7 5 6 2 , 1 * 6 , 1 9 *
1 , 2 3 5 _____5 ^ 6 9 _______ 7.23... 10 , 9 * 3 .... . l ^ l f o .
7 2 ,2 6 7
9 5 ,5 3 6
BILLS, U .S . GOVERNMENT SHO-T-TERM SECURITIES AND WARRANTS
W i t h i n 15 day s
t 2 * 1! 7 2 *
1 , 2 5 , f|
10
10 2 ,9 3 5
BY M A T U R IT IE S
l 6 to 3 0 day s
31 to 6 0 da y s
19* OS*
2 8 5 ,3 0 6
oox
3*
IQ7
1
5 ^ ,3 9 3
2 ,2 9 5 ,0 3 1
•
6 l to 9 °
1 7 1 ,7 1 3
723
H
1 7 5 ,3 1 3
days. .
1 ? , 3 4 6 l , y l 0 ,1 7 o
2 7 ,* 9 *
4 1 ,8 7 3
10
T
Released
fox-
put
STATEMENT
li c a t ion Sunday morning
SH O W I i T G P R I N C I P A L
September
RESOURCE A N D
22,
I 9 1 &.
LIABILITY
SELECTED CITIES
l\'ot e a r l i e r .
ITEMS
BAKK.S
^
LOCATED
I K C E N T R A L -I S S E R V E , R E S E R V E
i- S d .
rr
A\T
Oi-U!.rt
O F B U S I N E S S S E P T E M B E R 13, 1918of d o l l a r s .)
J h . Data for all reporting tanks, in oach,,M strict^ . _ . ----- _ _ _ _ _ --- _ _ _ _ _ _ -- —
Bositon New York Phila • Clevel- Ricrm. Atl.ant a Chicago St.Loui si Minn . Kans •CyUs
Uo
73
•
4-P
32
35
31
45
77
No. reporting tanks
42
102
43
85
11
^5
31
, 7 oo0
i ii
6,382
93 c l / ^ o
4b5
18,4-61
U.S.Bonds to secure circulation
14,352
50,303 11,
11,432
4-2,4-10 24,251 15,
15,465
I8,46l 17,976
17, W °
6,3 82 13,
0,33'--'
432 42,4-10
^ 4 > 352
Other U.S.tonds including Libt
__
u 7Qr
10,350 1^,113
13, r113
2 6 350 46
erty bonds
11,681
£17,$
, 07 7 27
, 552 -•21,427
-3,131
^ O
10,350
14,7 >
21 ,427
27,552
43,137 i+4,470
11, 881
46,077
2 1 7 ,3U^ 26,350
r~ ^
33,884
3
80
21,50/
*
z
35,117
/, 411
132,037 35,117 2 1 , 30/ ->o,b650
U.S.certificates of indebtedness 71,973
531,591
88/,4
l l 33,884 333,
.5,380
132,03/
.)0 S ’ -ca
531,591 -5S,6l3
-> > 613
71, 973
05, 699
38,299 05,039
67,263 32,299
872
Total U.S. securities
38,206
850,005
0 , 87
2
199
, b35 67,263
199,635
85,727 770,
98, 206
175 , 89s 85,727
850,005 96,455
96,455 175,838
r~< 49 . ° g
14,904
11,821
62,
l6S
Vi?
L o a n s s e c u r e d b y ’JJ.s. b o n d s *e t c . 339,
9 , l164
6U
2‘214
1"*
2
^46,
6 , 333?
3?
336,707
6,707
1 19,717
3 , J 1?
99,
, 1 182
22
6 2,16 8
1^,90^
]. > » 6 5 6 ^ 5 > ^ 5 7
-1L^ ',|3>
■
A l l o t h e r l o a n s 6c i n v e s t m e n t s
748, 121 4,316,438 605,,239 374 , p85 366,419 298, 362 1,408,732 375,439 286,033 4o/ , ^47
34,746 1 9 , 1 8 9
45 , 2 9 3
601,047 57, 4 1 9 3 4 , 3 3 4
l4 o , 3 S 9
Reserve with F-R^Bank
25, 0 4 6
29,785
67, 036
17,214
7,945 17 , b j > l
122,640
14, 190
57,945 11,34°
C a s h in v a u l t
2 1 ,8 9 7
19, 4 6 l 2 8 , 8 2 8
2
6
6
,
9
2
2
179,787 3 88, 2 414
Net demand deposits
674, 335 4 , 470,056 607,,810 721,356 304,779 210, 609 1,053,334
6
'62, 7‘ 4I?
73,744
45,225
282 23b,
Time deposits
97,131
253,325
4 ,2S2
774 52,903
1 , ^849
3
3356,
^ ,5 5*?55
?
O,
^
V»
236,774
52,969 391,
265,325 114,
97, 131
2
7
6
8,970
18,
rtAnnsi t.ss
%0
S510
in
?P1
nS 7
?P -795
7Qh
^53,132
I 7,? 1 10,337
0R^7
1 10
0 . ,3369
69
337,542
7 .5 4 2
l1
4 .41,188
oo
8,9/0
I
c
.
c
j
o
* , d )0
221,657
39,
AS
(I n
AT
OP L I M B E R
CLOSE
thousands
' ' ibtlT
52
■
-zz 030
yj
,,c 110
i ^ ’ U7’4
lo, /
734
266 831
47a 2lU
1175138
i ’ q2i’ i83
in
^
352,888
,427,616
—
r\ r
c~ (~ i
2 - Data for banks in each, central reserve city, banks in all other reserve cities, and other reporting banks.
Hew York
Sept,.13-—Sept. b
No* reporting banks
U-S-Bonds to secure c ir
culation
Other U*S* bonds including
Liberty bonds
U- S* certificates of in
debtedness
Total U . S . . securities
Loans secured by
bonds, etc.
A ll’ other loans and invest
ments
Reserve with F .R . bank
Ca sh in vault
Ne t "demand dep osi t s
Time deposits
Government deposits
Rate of combined reserve and
Chicago St.Louis Total Cen.Res-Cities Reserve Cities
Country Banks
t
*6
Sept.
13—
Sept.
6
Sept.
13— Sept- 6
Sept ,13 Sept .13 Sept. 13— ;
165
447
165
123
446
iH
1•23
40
>9
0'^
3b. 609
3o> 328
i > ■132
197, 773
199, 445
20, 118
553, 266
787, 648
574 , 335
810, 758
70, 559
91, S09
193, 479
44, 297
10, 576
4s,
317
1+7 , 771+
--’
c.'j
A »U>-)
Toi.al
Sept -13--"-Sept .6
735
734
170,273
170,534
170,584
4
s , 2Ui
48,241
46,241
4
s , 24 i
266*331
266,599
47,333
4
7 ,333
706
226, 597
229,718
205,284
2l6,37S
216,378
49,932
479,214
496,028
2o, 954
46, 236
650, 779
925, 693
672,874
930,366
446,424
821,981
452,032
452,052 77,935 78,577
839,014 173,509 176,750
1,175,138
11,921,183
, 921,183
1 , 203,503
1 , 966,130
915
251, 680
243,126
193,109
134,503
26,445
26,445
' 472,257
■
3 ,9 5 6 , 503 849, 835 272, 583
3, 970, 0
o i l , 230 97', 5ob 26, 962
57 2, S3 6
5 , 092, 458
195r,4b 8
s,
n,
697, 4i4
149, 109
010
104,
364
35234,
5, 735
109,
044
428
626
5 ,'046, 310
192,
'697,
4 , 156 , 230 4,127,
338, 167
144
102
218,
54,
216 , 023.
277 127 ,
24,
828
Sol
1
1
,
2b2,.008
239, 923
203, 20S'
25,468
4,649,13b 816,733 830,489 10 , 567,254
53,467 1 , 163,163
730,236 .4 0 7 ,1 3 4
. . . .58
. ,555
. .
.
4 o s .,319
37,564
37,077
l 4 3 ,4 9 U
U>6,215
1172,235
72 ,235
37,564
37,077
33552
2 ,,8oSS
88
3 , 632 , 8-19 680,889 oSS, 689 9 , 427,616
11 ,,4'4b,947
446,947
400,976
8 9 5 ,8 0 2
8
6 7 ,7 3 s 192,978
I 9 2 , 9 7 S 192,599132,599.
867,738
28,327
441,035
_ > i c 172,725
267,597
267,597
2
8 ,32 7
338,097
^ ,0 9 7
4
41,035
'r
.<
•■
4 jo ;o 74
.
.
r
>5 2 ,$ 9 6
9 , 290,965
1,461,373
£15/785
'¥
■/ Released for publication Sunday morning September 29, I 9I 8.
Hot earlier.
X-1231
Sept.28, 1918
STATEMENT FOR THE PFE3&,
Continued borrowing by member banks in ccnn&ction with the 6th issue of Treasury certificates in anticipation of the Fourth Liberty Lean, also considerable pur
chases of acceptances are indicated by the Federal Reserve Board* s weekly bank state
ment issued as at close of business on September 27, 191S.
INVESTMENTS: Holdings of wax loan paper, i . e ., member banks5 notes secured by
Treasury certificates and Liberty bonds also customers’ paper similarly secured went
up 75*2 millions, all the banks except Cleveland, Minneapolis and Kansas City, show
ing substantial additions to their holdings of this class of paper* Other discounts
on hand fell off 21-9 millions, the New York and Chicago banks reporting the largest
decreases under this head# Acceptances on hand gained 38*^* millions, New York alone
reporting an increase of 23*6 millions of bills purchased in open market. An in
crease of 8#2 millions in government short-term obligations represents 3.argely 2 per
cent Treasury certificates deposited with the U# S« Treasurer to secure Federal Re
serve bank note circulation# Total earning assets show a combined increase for the
week of 9 9 millions.
DEPOSITS: Government deposits were 22^5 millions larger than
the week be
fore 4 Member banks1 reserve deposits show an increase for the week of about 11
millions, while net deposits work out at about 37*8 millions in excess of the pre
vious week's total.
RESERVES: The week saw considerable shifting of reserves through the Gold Set
tlement Fund frcm New York to banks in the interior* Total reserves show a decrease
of 3*9 millions, of which 2*7 millions represents a decrease in gold. The banks1
reserve percentage shows a decline for the week from 52«9 to $1*6 per cent,
NOTE CIRCULATION: Federal Reserve Agents report a net addition of Us millions
to the total of Federal Reserve notes outstanding. The banks show an increase for
the week of 5^.3 millions of Federal Reserve notes in circulation besides an increase
of 2.6 millions in their aggregate liabilities on Federal Reserve bank notes in cir
culation.
CAPITAL: Payment for Federal Reserve bank stock by newly admitted members,
largely in the Eoston, Cleveland, Chicago and Dallas districts, is mainly responsible
for an increase of $ 113,000 in the total paid-in capital shown in this week's state
ment .
CONDITION OF MEMBER BANKS, SEPTEMBER 20, 1918.
Large increases in Treasury certificate holdings following the 600 million
dollar issue of Treasury certificates dated September 17 and in Government deposits
accompanied by some cur bailment of other loans and investments are indicated by the
Board*s consolidated weekly statement showing condition on September 20 of
mem
ber banks in leading cities.
U.S. bonds on hand show but little change, while Treasury certificate holdings
show an increase for the week of 272*3 millions, of which 160.9 millions represents
the increase at banks in the three central reserve cities. Aggregate loans secured
by U.S. war obligations went up 12.9 millions, largely outside the central reserve
cities. All other loans and investments fell off 16.5 millions, liquidation being
confined however to Greater New York banks. Of the total loans and investments the
combined share of U .S. war obligations and loans secured by such obligations con
stitutes 18.2 per cent,as against 16.4 per cent the week before. For the central
reserve city banks a rise in this percentage from 18 to 20.1 per cent is noted.
Government deposits show a gain of 198.9 millions, of which 108 millions repre
sent the increase at central reserve city banks, and 77*7 millions the increase at
banks in other reserve cities. Net demand deposits declined about 2*3 millions,
though the New York bank reports a decrease under this head of about 33 millions.
Time deposits went up 32*2 millions, all outside of the central reserve cities.
Reserve balances with the Federal Reserve banks increased 5^*6 millions, largely in
Greater New York, while cash in vault gained 8.9 millions.
For all reporting banks the ratio of investments to deposits remained unchanged
at I 25.9 -percent, while for the banks in the central reserve cities this ratio shews
a rise from 116.7 to 117»5 P®r cent. The ratio of combined reserve balances and cash
to deposits shows an increase from lU.7 to 15 per cent for all reporting banks and
from 15.8 to 16.3 per cent for the banks in the central reserve cities.
"Excess re
serves” of all reporting banks work out at 100.9 millions as against 46,1 millions
the week before. For the central reserve city banks an increase in this item frcm
29.7 to 7 7 «7 millions is noted.
Released, for publication Sunday morning September 29, 191S.
earlier.
\-l?Tla
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE FEDERAL EESERVE BANKS AT CLOSE OF BUSINESS SEPTEMBER 27, 1912^
J
R E S O U R C E S
September 27, 1912
September 20, 191S
September 28,1917
Gold in vault and in transit
$370,220,000
$367 , 060,000
Gold Settlement Fund, F- R. Board
>*37,319,000
^59,997,000
342,337,000
Gold with foreign agencies
— 5li>2SU2QQ
— 5»S2$^P.QP
Total gold held by banks
813,368,000
533,426,000
= 3
Gold with Federal Reserve Agents
1,161,731,000
1,1^5,950,000
55^,^27,000
Gold rsdemption fund
1+5,714,000
44, 122,000
,
3 , ^ 3 .,999
Total gold reserves
2,020,213,000
2,023,552,000
1,402,470,000
Legal tender notes, silver, etc.
--51,.3l63-,-QSQ
-- 52,^21,000
—'
Total reserves
*
2,072,176,000
2,076,039,000
x ,457,5^9,000
Bills discounted: Secured by Government war obligations 1,221,533,000
1,146,357,000
(
233,539,000
All other
1+91,297,000
513,729,000
(
Bills bought in open market
__ 222,391,000
— 25_0_,0^2^000
— 17 b, lb^CjOg
Total bills on L n d
2,001,221,000
1,910,172,000
^ 9 ,7 0 3 ,0 0 0
U.S.Government long-term securities
22, 5^ 5,000
29, 022,000
55, 129,000
«
short-tenn
«
50,092,000
Ul.S7S.000
39,276,000
All other earning assets
,
...
_______ 102, 000
/-foj.P.QQ
—
— 22 ,000
Total earning assets
2,020,566,000
1,921,1^2,000
504,937,000
Uncollected items (deduct from gross deposits)
6U9 ,44g ,000
654,243,000
240,290,000
5$ Redemption fund against F.R. bank notes
2’
’ 99?
500,000
_______ 327.000
12.858.000
12.610.000
All other resources
1
+,
817
,
1
+
95,000
1
+,
726
,
766,000
2 , 203, 673,000
TOTAL RESOURCES
L I A B I L I T I E S
78.802.000
Capital paid in
.
Surplus
1,134,000
Government deposits
191 , 623,000
Due to members - reserve account
1,535,^90,000
Collection items
1+85,059,000
Othar deposits, including foreign government credits
I0U,^25,000
Total gross deposits
2,316,557,000
F. R. notes in actual circulation
2,3^9,326,000
F.R* bank notes in circulation - net liability
35,219,000
All o-yaer liabilities
35r857,00.0
1
+,
817
, 1+95,000
TOTAL LIABILITIES
Ratio of total reserves to net deposit and F.R. note
5 1 .6$
liabilities combined
Ratio of gold reserves to F.R. notes in actual circulation
i^ter setting aside 35$ against net deposit liabilities
63-4$
78,689,000
59,379,000
2 ,2o4,107,000
2,295,031,000
33,206,000
3^.597.000
4 , 726, 766,000
7 1 , 2o9,000
l ,l j 6 , 930,000
157,52^,000
— 65,4^3,000
1,434,176,000
700,212,000
6,000,000
___„„.ljiffij.QOO
2, 203, 673,000
52-9$
77 -0$
1,134,000
l69,l4l,000
1,524,522,000
1+90,265,000
100,173,000
65 -6$
Released for
Sunday morning September 2 9
Not earlier. (in thousands of Aollars.)
TEEKLY STATEMENT OF
LIABILITIES
TI3E
BANKS
CLOSE
RE S O U R C E S
boston New York Phila.. Clevel. Ricbit.Atlanta Ch.1c.a30 St.Louis
Gold in vault and in transit
l>&°
273,296
266 27,862
6,193
6,733 26,109
1,067
Gold Settlement Fund - F.R.Board
S/,2bl
lk jS O 57,655 70,877 28,088 17,04-2 72,022 l6,S12
Gold with foreign agencies
40 8 __2 ,0 11
U08
525
20U
17 5
S 1.6
233
Total gold held by banks
71,275
290,0o7 52,329 99, 2b4“ ~34,490 23,950 98,94-7 18,112
Gold v;ith Federal Reserve Agents
53,925
286, 671 110,208 153,479 4f, 293 36,340 206,111 56,615
Gold redemption fund
__ 5,0.17_____ l4 a895
5.500___ 1,231 ____ 6l4 ___3,2^9
5.577
2.820
Total -old reserves
135,221
501,631 174,037 2*53,974 82,397 63,5^9 310 ,635 77,547
Le~al tender notes, silver, etc.
2,5^9____ 45.531
791
3 1 0 _____ 628______ 1HJ___ 1 ,2 7 2
705
Total reserves
war
137,810
635,5*>2 174,828 254, 234. 83,025 63,732 311,907 78,252
B ills disctd:Sec.by Govt.obligations 71,246
564,288 86,718 50,537 48,751
45,1)3 169,044 50,293
A ll other
15,594
113,074 21,112 34,382 18,921 31,051 72,6x8 26,888
Bills bought in open market
35,84?
155- 57 ^___ 7,976 j ? .0 l6
4.58b 6, 104 20.272
2.000
Total bills on hand
- ^ 2 ,^ 2
115,806 l i b tM 5 72,258 82,288 261.934 79,181
U*S.Government long-term securities
'538
1,4-10
1,348
1,291
l,?-33
63 1
4,519
1,153
U.S.Government short-term
«
l,4l6
26,099
4,257
3J&0
1,510
1,991
5,112
1,321
p
u
b
l i c
a
t i o
n
*
R E S O U R C E S ^ A N L
All
other
earning
assets
Total earning assets
Uncollected
items
I 9
V O iP
I
8
.
E A C H
O E
E E
--- --------- ---------- --- ------ r "
124,636
I S R
_
A
L
R E S E R V E
----
A
/I
T
---
O F
---
1231b
BUSINESS SEPTEMBER 27,
Minn. Kan s -Cy • Dallas San Fran.
Total
8,179
216
7 ,0 $ / 9 ,567
370,220
22,804 27,783
4,392 37,84-3
>+37,319
233
291
20*1
321
5.829
31,216 2 8 ,2§0 11,693 ^7,731
213,368
29,378 57,489 24,286 94, 936 1, l6l,731
2.900
1.247
2, l46
510
45.714
63,^911 87,026 38,125 143,177 2,020,813
64
142
549
199
51.363
63,558 87,168 38,6y4 143,376 2, 072,176
25,2o2 28,344 30,815 51,042 1,221,533
4i,94o 45,460 25,193 4-5,664
491,897
133__________1^6___ 1,300__ 22.451
288,391
67 ,335 73,940 57,308 1 1 ^ 1 5 7 2,001,821
H6
8,868
3,977 3,461
28 545
974
1,3'44
1,152 1,162
50,098
X —
I 9
---
---
---
31
.I 8
.
102
860,446 121, 411 122,046
75,001
84,981 271,565
81,655
68,4-25
84,152
62,437 123, 3ll 2,080,566
155,649
45 , 51+0
32,643
50,483
17,884
54,521
17,32 8 33,511
(deduct fran
gross deposits)
5$ Pec?eruption fund against F.R.
bank notes
All other resources
TOTAL RESOURCES
l i a b i l i t i e s
Capital paid-in
Surplus
Government deposits
Due to members, reserve account
Collection items
4o,973
71,399
56,364
73,153
649,44s
34
1,024
200
62
50
4/
305
22
50
4l2
l44
97
2,447
1 ,0 52______2^000___ 1,643
. 569
920
789
1,300
565
186
945
1,635 1.254
12*858
304,505 1 , 654, 6s! 369,481 433,325 204,536 1 S2_,192 658,230 210,977 150,103 227,198 120, 21 s 302,049 4,817/+95
6,580
75
22,388
92,044
32,062
20,184
649
24.645
666,021
119,441
7,353
8J85
—
—
14,020 22,586
98,008 109,992
46,436 59,9^2
3,9 9 6
116
8,103
49,827
35,192
3,143
4o
12,370
10,906
216
22,513
39,284 202,039
27,720
50,972
3,732
—
9,560
52,234
43,011
2,896
38
14,587
44,971
9,722
3,600
—
11,433
75,658
29,070
3,104 4,523
78,802
—
.—
1 , 131+
10,338 19,080
191*623
34,424 70*988 3,535*490
11,006 20^439
485^059
All other deposits including foreign .
...„
_
.,
_____________r_________________________________________________ , ,
government credits
\
_____99, 007--- ---- 295--- ------ )4
2,u2o
412
21______-—--- -2, b90
104, 385
Total gross deposits'
146,4y4
909,114 158,464 192,855 93, 128 7 9 ,4o8 277,550 105,217 69,301 116,161 55, 76 8 113,097 2 316 557
F.R. notes in actual circulation
148,053
699,650 199,772 228,082 105,499 9 7 , 9 ^ 358, Sl6 100,170 76 ,421 91,350 57,191 180,381 2 ^ 4 9 ,326
'
F.R* bank notes in circulation,
net liability
684
11,777
2,109
1,083
151
615
6,o6o
436
73
7,927
2,969
1.935
35,8.19
All other liabilities
2.619
13.307
1.783
2.520
1,646_ 1.045
4.682
1.422
1.374
2. l60 _ l 4I l b _ _ p ‘ l l i .
7-5 857
TOTAL LIABILITIES
304,505 1, 654,681 359,481 433,325 204,536 182,192 658,230 210,977 150,103 227,198 120,218 3 02 7 0 % 4 , n’17’ 495
Digitized for %
FRASER
<
Released for publication Sunday morning September 29, I 9IS.
Not earlier.
X-1231c
STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS SEPTEMBER 27, 1918.
(In thousands of dollars.)
Boston
Federal Reserve notes:
Received fran Comptroller
Returned to Comptroller
Chargeable to F.R.Agent
In hands of F.R.Agent
Issued to F.R. bank less amount
returned to F. R. .Agent for
redemption
New York
phila.
Clevel .Richm.
Atlanta Chicago St.Louis
Minn-Kans. Cy. Dallas San Fran.
210*300 1 , 121,520 268,500 276,400 149,780 151 , 3^0 447,680 132,920
40.292
170,008
18.960
151,048
COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
Gold coin and certificates on hand
Gold redemption fund
Gold settlement fund, F. R. Board
Eligible paper, minimum required
Total
46,000
92,123
151,048
AMOUNT OF ELIGIBLE PAPER
DELIVERED TO F. R. AGENT
122,682
Total
256.143 48.825 2 4 .l4l 2q.6l7 22.743 31.515 22.483
865,377 219,675 252,259 120,163 123,597 416,165 110,437
95.200
8.920 14.900
6.600 27.255 45.180
3.120
97,040 133,700
16.586 21.638
80,454 112,062
2.440
8.720
91,020 205, 9U0 3,286,140
18.472 13 .860 _ 3 46 .3 1 5
72,548 192,080 2,739,-825
770,177 210,755 237,359 113,563 101,342 370,985 107,317
78,014 103,342
58,223 192,080 2 , 494,205
5,000
163,740
7,925
12,931
110,000
483,506
770,177
14.325
- 2 4 5 . 6 2 0
214,239
11,081
13,102
18,813
2,503
3,020t , _10,235
lr9763,129
73,363.
10,744 14,666
1,293
2,567
1,892
2,985
_
99,464 120,000 46,000 31,270 204,219 53,630 14,300
54,360 10,185 84 ,701
874,129
100,547 8 3 ,88D. 66r270 .6.5r.0 .Q 2 .l6 4 ^ k 5Q. 7Q2.._.4& j Sl36
45.851 33.-937.... .9 7. 144 1. 3 3 2 ^ 7 5
210,755 237,359 113,563 101,342 370,985 107,317 78,oi4 103,342 58,223 192,080 2 , 494,205
832,937 105,528 114,792
71,158
66,433 261,933
58,598
61,582
73,940 57,308 107,480 1 , ®
11
^
MEMORANDA.:
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION.
F. R. notes outstanding
F. R. notes held by bank
F.R.notes in actual circulation
Bills discounted and bought
U.S.Government short-term securities
Municipal warrants
151,048
2,
148,053
9 9 .5
770,177 210,755 237,359 113,563 101,342 370,965 107,32-7
70:527 10: m
h.sfi
r .m
J i2.'i6g
7:in-7
699,650 199,772 228,082 105,499 97,94i 358,816 100,170
78,0l4 103,342 58,223 192,080 2,4c4 205
i.m
5.992
1.032 11.699
ifo - m
76,421 97,350 57,191 180,381 2 , 349,326
DISTRIBUTION OF BILLS, U .S . GOVERNMENT SHORT-TERM SECURITIES AND WARRANTS
BY MATURITIES
Within 15 days
1,315,052
14,300
10
16 to 30 days
192, 4l4
10
31
31 to 60 days
302,709
467
9
61 to 90 days
171,434
669
11
Over 90 days
12,212
34,652
10
Total
2,001,821
50,098
71-
Released for publication Sunday morning September £9, 1918,
Not earlier.
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF ME0ER BAMCS LOCATED IN CENTRAL RESERVE, RESERVE AND OTHER
SELECTED CITIES AS AT CLOSE OF BUSINESS SEPTEMBER 20, I 9 I 8 .
(In thousands of dollars.)
1. Data for all reporting banks in each district.
Boston
New York Phila. Clevel. Riclta. Atlanta Chicago St.Louis
Minn.Kans-Cy. Dallas San Fran. Total
No- reporting banks
42-102
51
25
77
^5
92 32
53
J }*
U.S-bonds to secure circulation
14,352
11,492 42,489
24,251 15,465
82 13,730 17,929 34,480
267,,
Other U.S.bonds including Liberty bonds
11,625 220,02$ 30,010 1+7,683
26,242 22,105
^7,333 14,026
|>*S76 19,8U l & j A
23 620
479,334
U .S . certificates of indebtedness
91,900 727,662 73,440 105,611
39,339 40,265 164,965 42,620
22,121 44,831 19,806 76,450 1,449,010
Total U-S. securities
117,277 992,624 114,942 195,7© 90,432 77,235 230,759 74,322
36,379 71,772 52,649 134,550 2 195,924
Loans secured by U.S.bonds,etc.
46,022 218,032 46,995 36,400
19,714 9,725
62,620 14,824
12,23 1 5,925
4,g4s
2,477
486,039
All other loans and investments
763,915 4,291,247 615,145 972,363 366,955 300,885 1 , 431,992 374,7o4 285,281 463,720 183,886 533,916 10,584,§69
Reserve with F .R . bank
70,903
644,923 57,299 80,147
31,505 24,188 146,321 35,059
19,797 49,495 16,380 45,141 l, 221* 158
Cash in vault
25,014 124,359 20,248 33,499
17,087 14,353
57,790 12,053
8,910 15,844 12,571 21,525
3p3,8iD
Net demand deposits
682,142 4,441,477 613,710 728,200 308,457 217,935 1,077,299 265,^3 187,646 369,229 150,606 407,370 3 , 449,274
Time deposits
102,122288,407 16,554 237,183
54,686 91,700 371,656 75,213
45,939 62,521 25,097 123,247
1,494,325
Government deposits
' 62,709 316,292 37,297 63,313
12,771 14,110
69,130 20,943
11,252 24,183
6,742
639,948
3 5
5 0 , 2 7 3
1
Tata for banks in each central reserve city, banks in all other reserve cities, and
New York
Chicago St.Louis Total Cen. Res-Cities
Sept.20-— Sept. 13
Sept. 20— Sept.13 Sept -20 Sep t .20
14
124
68
41
113
No. reporting banks
69
U.S.Bonds to secure circu
48, 327
42,317
36, 609
1, 132 10, 576
36, 679
lation
Other U .S . bonds including
227,088
8,665
227,030
198,722
Liberty bonds
197,773 19,701
U .S . certificates of in
812,020
553,266 28,852 32,248
690,314
debtedness
651,153
926,500
787,648 109,691 52,029 1,087,495
Total U .S . securities
925,715
Loans secured by U.S. bonds
255,906
252,260
195,468 44,817 11,792
etc.
199,291
All other loans and invest
3 ^ 4 .9,669 3,970,040 273,646 270,467 5,033,7-82 5,112,249
ments
Reserve with F.R. bank
700,169
572,886 102,242 26,590
744,803
615,371
Cash in vault
109,364 34,084
151,430
111,633
5,708
150,566
Net demand deposits
4 , 123,290 4 , 156,256 723,213 191,621 5,032,124 5 . 063,089
Time deposits
210,SOI
4o6,415
216,921 141,377 54,237
4io,l32
Government deposits
288,642
203,208 42,218 17,061 347,921 239,923
Ratio of combined reserve and cash
to t^fcal net deposits, per cent
16.3
16,3
15.5
17-2
14.6
15-2
2.
2
, 4
6
l
1 7 , 6 7 6
6
7 3
* * 5
, 3
5 2 0
other reporting banks.
Country Banks
Reserve Cities
Sept.20-—
Sep t »13
Sept.13
Sept.20-•—
165
443
165
449
Total
Sept. 20-- Sept. 13
732
757
170 ,573
170, 773
4s 620
42 24l
267(,.5S0
267, 331
205,167
205,203
47,079
47,333
479,334
480 ,166
542,732
918,472
447,642 94,252 77,935
224,218 129,957 173,509
1,449,010
2,195,924
1 , 176,730
1,924,227
- **
199,430
195,408
30,703
25,468
486,039
**73,136
4,662,073 4,666,101 822,714 816,738 10 , J5& , $ 6910 . 601,088
415,172
407,84 1 61,183 58,555
1 , 221,152 1 , 166,565
174,513
i£6,77? 37,910 37,564
354,907
363,853
3^722,791 3,707,554 688,359 680,889
9,449,274 9,451,532
868,745
859,020 219,165 192, 97s
1,494,325 1,462,136
250,512
441,035
172,725 41,515 28,327
63S,S*>s
13.9
13*9
-
4 5 -P
14.7
@FedFRASER