The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
0
D ^
jLX-A_L
Not for publication
PERCENTAGES OF GOLD AND LAWFUL MONEY RESERVES AGAINST NET DEPOSITS,
PERCENTAGES OF GOLD RESERVES AGAINST FEBERLL RESERVE NOTES IN ACTUAL CIRCULATION AND OF
TOTAL RESERVES AGAINST COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES
OF ALL FEDERAL RESERVE BANKS.
Ratio of gold and lawful
money reserve
to net deposits
May 9-- May 16
Ratio of gold reserves
to F .R . notes in
actual circulation
May 9— --Mav 16
Ratio of total reserves to
net deposit and F .R . note
lia b ilitie s combined
May 9--- May 16
May 16, 1919 .
Ratio of gold reserves to F . R . notes in
actual circulation after setting aside
35 ^ against net deposit lia b ilit ie s
May 9--- May 16
Bo ston
Ug-3
U9 .1
4 o .7
41-7
4 3 .4
44.8
4 8 .1
51*2
New York
54.6
U7 .2
41.9
42*4
4s .4
44.9
62.8
55*2
Philadelphia
4 l .0
4 i .6
4 o *9
4o -7
4 o .9
4 i.o
4 4 .0
44.4
Cleveland
60 . 8
63-7
59-3
63.9
59-2
63.9
73-5
81*2
Richmond
50-5
46.6
38.7
3S-9
42.3
41.2
45.6
44*o
Atlanta
51-0
4 2 .1
43.1
43.6
4 5 .1
44.9
4 s ,7
4-2.2
Chicago
6 1.2
5S -0
69.2
71a
6 6 .3
66.2
24.2
84.7
St. Louis
66.3
64.0
5 1 -S
59-5
56,9
6 1.2
62.9
7 7 .1
Minneapolis
85-0
62.7
46.5
55-3
61.0
60.7
76*7
77*7
Kansas City
5 2 ,1
59-3
43.4
43.9
46.9
50.2
55-1
61*0
Dallas
Uo.s
3.7*7
4o,4
40.9
4 o -5
39-4
4 4 .4
4 3 .1
San Francisco
58-9
48.3
54.0
55-7
55.5
53.3
64.3
62.0
55-7
51*2
49,3
51.0
5 1.9
51.1
63 • 5
62.9
Total
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
MAY 20, 1919
c O i n B E H T I l L
Not for publication
RATIO OF "FLOAT” OF EACH FEDERAL RESERVE BANK TO IMLEEDIATELY AVAILABLE
DEPOSITS-
(In thousands of dollars.)
May 1 6 ,,1 9 1 9
f
1
* "Float” after adding net debit
"FL OAT"
I Ratio to T or deducting net credit in
Deferred f
^Uncollected*
1immediately1
Saturday1s settlement
?
items
favailabili ty 1
x
t
' Ratio to immediately
items
1 j^nount T available 1
1 deposits 1 Acno-uat
*
i
1
T available deposits
1 per cent 1
?
1
1
1
per cent
1
Federal
Re serve
Bank
St-391
’ "Float" after deducting National and F.R»
'
Bari notes, also net investment- in
1
transfers from second calculation
1
T Ratio to immediately
available deposits
r
J^nount
1
T
»
per cent
64,726
52,2^5
12,431
9 .2
16,550
12-2
16,193
11.9
173,9^9
131,688
42,261
4,9
33,^66
3.9
29,480
3^
p h i lade l p h i a
6 3 : 270
62,571
699
.6
11,5 15
10-0
11,5 15
10.0
C leveland
63 , 02s
50, 33s
12,690
8-6
7 ,9 H
5-3
6,892
4.7
R ichm on d
45,301
41, $67
3,434
6 .1
4,093
7-3
4,035
7 .2
A tlan ta
3 1 ,0 8 2
26,463
10,619
18 .9
9,649
17*2
9,225
16 ^5
Chicago
31,079
65 , 62*+
15,455
5.8
18,038
6 .8
13,493
5 .1
St- L o u i s
4 s , 067
36,676
11,391
15*0
10,006
13.2
8,753
11.6
M in n e a p o lis
16,227
11,231
4,996
8*0
3,704
5-9
2,663
4-3
K an sas C ity
54,413
35,955
18,458
21.4
15,721
18.3
6,965
8-1
D allas
24,354
14,402
9,952
20,4
ll,44o
23-5
2,192
16.8
San F r a n c is c o
35,976
20,642
15,334
i 4 .o :
15,277
i4,o • -
11,244
10.3
707,472
5^9,702
157,770
128,656
6 .4
Boston
N ew Y o r k
~ TOTAL
DIVISI01T OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
MAY 20, 1919
7 .8
157,770
7 .2
c o n f i d e n t i a l
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS.
Not for publication
........ .
..
Bank
UNCOLLECTED ITRMK
Uhecks :National Bank
and
: notws and
tClearing : other : bank notes
Transfers All other :
: hoass
: cash : of other
b ought
uacollected:
:exchanges: items . IT«. U Ban^s
items
T T F V m v - W T )
Geld
• Settlement
: Sn sr>ense
Total
<r
Bo st on
New York
64
357
-
57,493
64,726
19, c4 o
—
18, 10b
4,396
4^386
'* •T
147, S6a
173,$>>9
43-, 331
-
-
52,577
63,270
22,109
-
57,431
63,022
14,527
5,564
5,129
Cleveland
4,563
15
6l4
Richmond
1,920
i4g
52
-
43,115
45,301
Atlanta
3,223
306
4-24
-
33,129
37,022
Chicago
5,20?
St. Louis
3,476
Minneapolis
1,255
Kansas City
Total
33
—
405
1
,
Total
33,205
52,245
1
■
*5 3 * 3 0
13 1 , 62s
2,775
31,627
62,571
1,50 1
34,250
50,332
.-r
9,476
-
3,255
22, 536
4 i, 267
3,206
-
2,792
1 9 ,S65
26,463
4 o ,675
65,624
1,029
22,247
36,676
660
7,2 30
11,231
-
22,520
35,955
-
2,900
14,402
1,745
2,950
70,577
21,079
24,799
150
593
860
43,105
42,067
12,540
200
56
925
13,931
16,227
3 ,3 4 l
-
-
-
717
2,119
279
2,477
42,221
54,413
7,435
667
1,503
621
2,729
12,234
24,354
5,394
10S
4,399
77
362
3,672
27,466
* 5,976
3,204
1
21
16,216
20,642
56,569
13,790
9,495
20,078
607,540
707,472
120,662
U59
12,693
355,222
549,702
Dallas
San Francisco
-
-
ArrATT.AT-T7.ITY ITEMS.
Transfers;: Government: Other :
sold
transit; : transit :
:
i terns : iteras :
6,812
Philade lphia
st .3 9 1
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
MAY 20 ,, 1919
PIT U f
I
EE S I E V E
S J A R B
GOLD SETTLEMENT FUND
X-l 5*4-7
S-jeggxrr of transactions for week ending May 22. 1919.__________ (lax
of
dollars)________________COMF1
T)T^NTIAL______
^ JM.X- thousands
&U.1HJLS9 WJ- J.
AJLUM.VJ.A-ttJU
Aggregate
Aggregate
:Balance in
:Settlements from May l 6 ,to
Federal
Balance
withdrawals
deposits and
E iU S F E R S :
May 22, 1919. both inclusive.
:fund at
Reserve
last
Gold
Gold
and trans
transfers
Bank of
statement
with depo si ts fers to Agent4s from Agent1 s
Total
Total
Net :business
Net
fund
drawals
ftind
May. .1.5,1219..
Debit
Credit
Credits
Credits:May 22,1919
Debits Debits
Boston
~
44,778
18,0oG
1 , 1+67
102,890
112,560
9,670:
37,915
'E'ew York
90,176
1 C,»000
10,000
: 170,388
2 ? r825
95 iOuo
321,129
1,963
31+3,95*+
Philadelphia
42,704
10,166
10f 000
10,166
25,000
:
1+0,106
27,761+
11+3,1+16
115,652
Cleveland
61,572
277
30,000
277
23,597:
5 5,**6
89,156
112,753
Richmond
18,223
12
10,045
12
10 , 01+5
25,000
30,000
62,951+
5,1+11
*
:
27,81+5
57,543
Atlanta
1,009
1,009
1,000
1M 55
7
:
13
, 1+66
7
35,910
791
3 5 ,H 9
Chicago
126 , 1+93
2,600
1+3,000
357
1 ,361 : 10 7 , 7SU
357
1 59 ,7i4
25,173
161,075
St. Louis
32,856
»+75
1,000
—
12,951
1,000
100,155
7,475
9 1 , 1+05
8,750:
2 2 ,ISO
Minneapolis
33,808
—
37,000
10,000
75
7,279:
15,062
975
25,319
32,59S
Kansas City
39,440
5,000
77
5
i+i+,6oi+
63 , 08*+ 10 , 092:
5
77
52,992
Dallas
61
1,510
1,5 10
24,677
7,257
61
33,61+2
22,951
1 , 009:
7,9S9
3M 51
San Francisco
9,000
11.000
4,967
_____ 8,43.5
37.960
2.,.50y_
32.993
:
25.835
Total
560
37.016
29.160
43.851
209^1
_552_,9ES____
61,758: 568.620
2j2L591___ 6 l , I 5 S lxiJ3.3l.2_, 1^115x312
F E D E R A L
R E S E R V E
AGENTS*
FUtID
Balance
Withdrawals
Deposits
last
Gold
Gold
for
through
Total
1 Federal
Reserve
wi th- deposits
statement
transfers
with
transfers
Agent at May 15,1919 drawals
to banks
from hanks drawal s
Boston
10,000
1+2,000
•
* New York
90,000
*
Philadelphia
10,000
52,889
•
"■Cleveland
100,000
^Richmond
28,000
2,000
:
2,000
Atlanta
4,000
39,000
l+,000
Chicago
5,000
264,744
<2,600
5,000
2,000
St. Louis
7,000
2,000
55,^31
26,500
’ Minneapolis
900
900
Kansas City
29,360
Dallas
2 , 681+
500
500
San Francisco
9 3,23 k ............
________ 3 ^ 0 0 0
. .
5,935
_ 3 ,3 1 1
Total
S2J , 8|+2__ j & i 5 2 0 _
10.000
28.600
.
- t e l l .. ...
-20*335..
Balance at
close of
business
May 22.1919
Total
deposits
10,000
10,000
—
—
—
2,600
7,000
—
9.000
3^*600
•
52,000
90,000
62,889
100,000
26,000
35,000
262 , 31+1+
60 , 1+31
25,600
29,360
2,184
96,299
842,107
Summary of changes in ownership
of gold by banks through trans
fers and settlements
Decrease
: Increase
6,863
:
:
70,212
2,76 4
:
6,403
:
4ll
:
1,791
:
16,466
:
4,201
:
19,721
:
:
5,092
717
:
15.967
- 75,304 ..... :
75.304
AMOUNTS OF DISCOUNTED PAPER SECURED BY LIBERTY LOAN BOFDS AND U« S.
TREASURY CERTIFICATES OF INDEBTEDNESS HELD BY EACH FEDERAL
RESERVE BANK AT CLOSE OF BUSINESS MAY 9, 1919-
C O H F I D E N T I A L
Not for publicati on
(In m illio n s
SECURED BY LIBERTY LOAN
: Members1
Other
Total
co Hater al
Discounts
Note s
of
d o l l a r s .)
BONDS
: SECURED BY CERTIFICATES OF INDEBTEDNESS:
: Per cent :
: Per cent : Members* :
; of total collateral: Other : Total : of total :
:war paper:
;war paper; Notes rDiscounts
Other
:Discounts
D is c o u n te d
paper
4 .5
150.2
453-0
6 1 .1
7 4 1 .7
20.2
76 I .9
60*9
3 4 .4
1 7 8 .1
12.3
190.4
3+1
71.0
126.4
,5«2
13 1.6
.4
4o.i
45-7
87 .7
11.2
98.9
47.3
.1
4 7 .4
65.6
72.2
11.7
S3-9
15-s
(4)167.5
1.0
16 s -5
S4 .2
200.0
14.3
214.3
1 6 .1
27.0
4 3 .5
4 3 ,5
73 *0
§9 .6
8.0
6 7.6
5-2
1 4 .2
3 1 .5
35.S
3 6 .7
6.8
4 3 .5
65-6
4 7 .2
New York
229.4
59-3
288.7
3S*9
4 53.0
phi lade Iphi a
10 1.5
15.7
117-2
65 *6
5 8 .1
2.8
(a) 2 8 .4
0.3
3 6.7
29 *0
(b)89„6
■.**
Ri clmond
34.6
13.0
4 7 ,6
54,3
39*7
Atlanta
21.1
3*7
24.8
34,4
Chi cago
(c) 27.3
4.2
3 1 .5
14.3
1 .8
-
Total
ah
145.7
95.6
St *Loui s
:
3U.U
si .7
Cleveland
Total
war
paper
5 0 .1
2 .9
13*9
Boston
st .392
(f)
-
-
31*5
-
.
$
Minneapolis
(e) 5-2
Kansas City
10.3
1,8
1 2 .1
22.3
4 1.9
.1
4 2 .0
77 '7
5 4 .1
34,7
88.8
Dallas;.
12 ,6
0.9
13.5
65.8
7-0
-
7.0
3 4 .2
20.5
2 8 .1
4g,6
San Franc i sco
14*5
2-3
16
23.0
5 4.4
1.8
.56-2
77.0
73-0
15.6
88.6
5 1 3 .1
I 92.7
705-S
3 9.3
1 ,080.7
9 *2
1 , 059.9
60.7
1,795*7
I72.6
1 , 968.3
TOTAL
(a )
In clu d e s
(b )
In clu d e s
(c)
In c l u d e s
(d )
In clu d e s
(e )
In clu d e s
(f)
In c lu d e s
-
$220,000 r e d i s c o u n t e d f o r P h i l a d e l p h i a a n d $ 4 ,0 0 0 ,0 0 0 f o r R i c h m o n d .
$14,765; 000 r e d i s c o u n t e d f o r P h i l a d e l p h i a a n d $1 ,0 0 0,00 0 f o r R ic h m o n d .
$ 3 ,5 0 0 ,0 0 0 r e d i s c o u n t e d f o r R ich m on d a n d $ 7 ,2 4 1 ,0 0 0 f o r D a lla s*
’
.
$1
1
,5
00
,0
0
0
f
o
r
R
ic
h
m
o
n
d
a
n
d
2 4 ,3 1 3 >000 f o r D a lla s $ 1 6 ,7 0 0 ,0 0 0 r e d i s c o u n t e d f o r P h i l a d e l p h i a ,
$ 4 ,0 0 0 ,0 0 0 r e d i s c o u n t e d f o r R ic iin o n d .
DIVISION OF REPORTS AND STATISTICS
$ 6 ,0 0 0 ,0 0 0 r c d i s c o u n t e d f o r R ic h m o n d .
FEDERAL RESERVE BOARD
MAY 23 s 1919-
.AMOUNTS OF PAPER SECURED BY LIBERTY LOAF BONDS AND U- S. TREASURY CERTIFICATES OF INDEBTEDNESS
C O N F I D E N T I A L
DISCOUNTED FOR MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT
Not for publication
AND HELD AT CLOSE OF BUSINESS MAY 9, I 9 19 .
(In millions of dollars.)
SECURED BY. LIBERTY BONDS___________ : SECURED BY CERTIFICATES OF INDEBTEDNESS
: M em bers1
:Per cent
rMembers*
:P e r c e n t :
: co llateral
Other
Total
:of total : c o l l a t e r a l
Other
:o f t o t a l ;
Total
: notes
D isco u n ts:
:war paper
N otes
Discounts
:w a r p a p e r :
13.9
81-7
95-6
65.6
47.2
229.4
59-3
288.7
3S.9
453.0
(a) 101.7
15*7
117.4
56.0
(b )S 9.6
24.2
s .3
32.5
30.5
(c) 46.1
13.0
59*1
At l a n t a
21.1
3-7
C h ic a g o
16-0
St- L o u i s
14.3
B o s to n
Few York
P h ila d elp h ia
C le ve land.
R ichm ond
34.4
145.7
4 .5
150-2
453.0
6 1 .1
741.7
20.2
76 I .9
2.8
92.4
44.0
209.8
12.3
222.1
73-8
.1
73-9
69.5
106.4
5-2
111.6
50.2
(d)5S.2
.4
58.6
49 . s
117.7
11.2
128.9
24.8
3 4 .4
H7.3
.1
4 7 .4
65.6
72 .2
11-7
8 3 .9
4.2
20.2
i4.s
115-0
1.0
116.0
85 . a
136.2
14.3
150.5
l.S
16 .1
27-0
43.5
-
43.5
73 -0
59-6
8.0
67.6
1.2
4.5
2.5 .5
-
25.5
95.5
26.7
6-8
33-5
42.0
77*7
54.1
34.7
8 8 .S
3 1.3
59-5
52.6
28.1
80.7
1.2
K ansas C ity
10.3
l.S
12.1
22.3
4 1.9
(e) 20.4
-3
21.3
4 o .5
(f)3i-3
San F r a n c is c o
TOTAL
(a)
(b)
(c)
(d)
(e)
(f)
Includes
Includes
includes
includes
Includes
Includes
Total
:
AH
;
: Other
: Discounted
paper
: Discounts;
50.1
M in n e ap o lis
D allas
2.9
Total
w ar
paper
St-392 a
-
-
.1
-
14-5
2.3
16 . 8
23.0
54.4
l.S
56.2
77-0
73.0
15.6
88.6
513*1
192.7
705-S
39.3
1,080.7
9-2
1 , 039.9
60.7
1,795-7
172.6
1,968.3
$220,000 under rediscount with Cleveland.
$ 1 4 ,7 6 5 ,0 0 0 under rediscount with Cleveland and $16,7 00 ,0 0 0 with Chicago.
$3 ,5 0 0 ,0 0 0 under rediscount with Chicago, $ 4 ,0 0 0 ,0 0 0 with Cleveland and $ 4 ,0 0 0 ,0 0 0 with Minneapolis.
$ 1 ,0 0 0 ,0 0 0 under rediscount with Cleveland, $11,5 00 ,0 0 0 with Chicago, and $ 6 ,0 0 0 ,0 0 0 with Minneapolis.
$ 7 ,8 4 1 ,0 0 0 under rediscount with Chicago.
DIVISION OF REPORTS AND STATISTICS, FEDERAL RESERVE BOARD,
$ 2 4 ,3 1 3 ,0 0 0 under rediscount with Chicago.
MAY 23, 1919*
Released for publication Sianday morning May 2 5 , 1919: n °t earlier.
St. ^-00
STATEMENT IDE THE PRESS .
May 2k, 19 19 .
Reduction of over 100 millions in the holdings of war paper primarily the
result of the first payment on account of Victory notes, also considerable decreases
in Government deposits and in Federal Reserve note circulation, are indicated by
the Federal Reserve Board's weekly bank statement issued as at close of business on
May 2 3 , 19 19 .
As
against the large reduction in war paper, the banks shdw a slight increase
in other discounts on hand and a gain of S.* 5 millions in their acceptance holdings.
On the other hand, certificate holdings fell off k .J millions, the larger decrease
in this item reported by the New York bank being offset in part by fresh investments
in 2 per cent certificates shown for ^ other banks.
Members* reserve deposits declined 15-8 millions, while net deposits are given
as 67 .S millions less than the week before.
The banks* capital account shows a gain
of $ 1 5 6 ,000 , the banks at Philadelphia, Cleveland, St. Louis and San Francisco
reporting substantial additions to their paid-in capital.
Federal Reserve notes in
circulation declined 27*8 millions, the Banks and Agents reporting considerable
gains of notes on hand mainly withdrawn from circulation, while redemptions by the
Treasury were in excess of 7 millions.
The banks’ aggregate liabilities on account
of F:. R. bank notes in circulation likewise show a slight decrease. 0n the other
hand gold reserves show a g a i n of 2-9 millions, while cash reserves went up 2 .1
• millions.
The banks' reserve percentage, because of the reductions in both
deposit and note lia b ilitie s and the simultaneous increase in cash reserves, shows
a rise from 51 rl to 52 -3 percent.
Rcxeased f o r pul>l.ication. Sunday morning May 25, 19 19 ; not earlier.
st-40
OF^COMBINED Ra,SOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINEESMMA.Y 23,
Gold coi^and^certificates
Gold Settlement Fund - F.R«Board
Gold with foreign agencies
Total gold held by tanksGold with Federal Reserve Agents
Gold Redemption Fur,d
Total gold reserves
Legal tender notes, silver, etc. '
Total reserves
•
B ills discounted (Secured by GovU.w ar obligations
(All other
B il l s bought in open market
Total b ills on hand
U. S» Government bonds
U* S«. Victory notes
U» S. certificates of indebtedness
All other earning assets
Total earning assets
Bank premises
■Uncollected items & other deductions from gross deposits
5/5 Redemption 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
Deferred availability items
Other deposits, including foreign government credits
Total gross deposits
F. R* notes in actual circulation
F. R» banknotes in circulation,-net liability
All other liabilities
TOTAL LIABILITIES
Ratio of total reserves to net deposit and F- R.
note liabilities combined
Ratio mf gold reserves to F»R. notes in circulation
after setting aside 35 ^ against net deposit,liabilities
May 23, 1919
May 1 6 , 1919
$3 46,997,000
$3 3 5 ,2 2 4 ,0 0 0
572,00 1 ,0 0 0
548 , 95^,000
______ r______
______ “______
9 1 8 ,9 9 8 ,0 0 0
884 ,1 /8 ,0o0
1 ,1 3 9 ,8 2 5 ,0 0 0
1 , 1 5 0 , 903 , (XX)
_ .119.91 6 .000
_____ 143 .7 5 6 ,0 3 0
2 ,1 7 8 ,7 3 9 ,0 0 0 "
2 ,1 7 5 ,8 3 7 ,0 0 0
____ f t ,194,000
2 , 2 4 / , 933 ,000
_
_
1 ,7 6 2 ,4 8 7 ,0 0 0
1 ,863 ,.476,000
1 7 6,37 9 ,^0 0
175,^+64,000
__ 1 9 3,187,000
184,717 .CQO
2 ,1 3 2 ,0 5 3 ,0 0 0
2 7 ,1 49 ,0 0 0
17,000
199 ,7^-8 ,000
----- ~
2,358 ,9
67 ,000
1 0 , 976,000
7 9 ,7 9 8 ,0 0 0
8 ,2 7 1 ,0 0 0
—
4 9,4 6 6 ,0 0 0
’ i?)? ’ non
1 ,7 1 3 ,3 ^ 1 ,0 0 0
S o ’m ' r m
^
. OOO
2 ,4 7 7 ,303.000
2 ,5 ^ 4 ,2 5 3 ,0 0 0
167,20 8,00 0
3.5^ 5 1 .1.°oo
5 >316 ,234,000
52*3$
6 4 .6 1
^Includes One-Year Treasury l\)otes*
1 ,8 9 8 ,0 2 3 ,0 0 0
2 , 2 4 5 ,8 5 7 ,000
2,223,657,000
27,131,000
19,000
234 ,082 ,0C0
5 ,4 4 0 ,2 4 3 ,0 0 0
2 >,553,000
.
May 2^.,/ 1 91 ^,
$4 7 8 ,4 6 0 ,0 0 0
407 , 767,000
52., *103,3 00
9 3 8 ,7 2 / ,000
930 , 181,000
29 ,11 5.000
2 ,454,889,000
10,976*000
709,355,000
8 ,924,000
10
,242,000
-- „ -____
_____
—
, 00°
5 . 3 1 6 ,234,000
f
I9 I9 .
.
1,996,056,000
600,499,000
322 , 800,000
278 , 221,000
1,201,520,000
42 ,067,000
-
*3 2 ,476,000
1,151,000
1 ,277,214,000
-
351^ 07,000
• 537,000
89 .000
___________-____
3 , 5 & 5 >3°3 ,°00
82 , 397,000
4 9 ,4 6 6 ,0 0 0
185,841,000
7 5 ,^ 65,000
1 ,1 3 4,0 0 0
122,350,000
5 ^9,70 2 ,0 0 0
125,786,000
2 , 57*+,670 ,000
2 ,5 3 2 ,0 3 9 ,0 0 0
168,04 5 ,0 00
___ 3 1 ,6 2 6 ,0 0 0
5 ,4 4 0 ,2 4 3 ,0 0 0
24 2,488,000
1 0 7.903.000
1 , 909 ,025,000
1 ,5 7 8 ,6 2 3 ,0 0 0
7 ,7 6 ^,0 00
.... 1 3 , 294,000
3 , 585,303 ,000
51-1$
6 2 .4 ^
1 ,4 3 6 ,2 8 4 ,0 0 0
62 9$
Re le a s e a i or p u ^ i i c a t i c x i Su n d ay m o r n in g May 2 5 ,
1 9 19 > n ° t
e a rlie r*
St-^Oub
-
¥EEXLY STATEMENT OP EE SOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS MAY 23> 1919R E S O U R C E S
B o s t o n New Y o r k
G o l d c o i n a n d c e r t i f i c a t e s --G o l d S e t t le m e n t F u n d - F . R . B o a r d
T o t a l g o l d h e l d b y b a n k s ---G old w it h F e d e r a l Reserve A gents
G o l d r e d e m p tio n f u n d --------T o t a l g o ld r e s e r v e s -------L e g a l te n d e r n o t e s , s i l v e r , etcT o t a l r e s e r v e s --------------
3>7 5
253,779
3 8 , 8 l4
1 7 8 ,5 2 4
^ 2 ,289
59,975
*02,303
11 . 282
113 ^ 6
( i n t h o u s a n d s of d o l l a r s - )
p h ila .
R i chro. A t 3.a n ta C h ic a g o
C level.
606 2 7 , 2 6 3
2,166
7,2 76 23 , 0^6
4 o ,S 52
5 0 ,6 9 1 3 4 ,1 8 5
1 2 , 633 H I , O b 2
41,458 77,954
287,679 71,137 129 , 677
2.4 , 9H 2 11,236
690
?44,924 123,831 208,321
3 6 ,3 5 1
28,178
7 .1 3 8
S t - L o u is M in n *
1 8 ,4 9 3
Kans*Cy135
3 8 ,8 3 5
1 3 ,9 6 1
20 , 509 " 13 U, 108
4 i , 699 267,507
22 > i U
58,198
22,306
4 i , 3 io
30,567
6 .0 21
68 , 22^
33 , 071
3 4 >6S6
2J 9
5 ,3 2 4
1 1 .3 4 1
8 5,851
1 ,8 0 0
1 .0^2
3 ,3 2 1
2,345
38,970
7 ,7 1 6
.5 1 . 7 1 2
571
1.070
7 1,6 6 7
U7
121,262
7 9 6 ,6 3 6
1 2 4 ,4 0 2
2 0 9 ,3 9 1
7 2 ,1 0 3
7 0',029 4 3 5 , 7 3 8
68 , 9^0 80,S 7 8
_2 . 2 0 8 _ _ _ 116 _
133
'
69,036
8
1
,0
11
587059
l 4 4 ,102
5,199
708,974 170 ,315 13^ ,152
2 3 ,4 2 2
5 ,2 0 6
12 , 37 s
44.4 24
9
1
8
............21,562
81,413
7 0 , 9 0 9 20 1,723
61,625
47,345
12 ,1 9 0
1 3 ,4 7 9
1 4 ,8 8 2
8 ,7 2 6
8 ,0 9 4
5 ,1 5 1
1 8 3 ,6 1 1
1 6 0 ,9 2 0
1 0 0 , 6s6
1,385
1,083
1,234
D allas
San E r a n
i4o
7 ,2 4 5
.T o t a l
3 ^ 6 ,997
572,001
6,513 27 > 3 8
9 12 , 99s
13 , 7 5 s 3 6 ,5 7
16 , 3 9 1 1 0 7 , 3 0 7 1 , 139 . 8^5
____ 9 '?q_
3.19,9.t6
3>£
2,8 0 2 1* 5 , Og-t 2 ,1 7 8 ,7 3 9
>
69 , 19U
2 . 165.
215
34,967 lL'5 , 2;9 2 ,247,933
B ills d isje m tsd :
S e c u r e d b y Govern m ent war
o b lig a tio n s
( a ) -----------
A l l o o h e r -- --------------B i l l s b o u g h t i n o p e n laarket (b)T o t a l b i l l s cn h a n d -------U .S .G o v e r n m e n t b o n d s --------U . S , V i c t o r y n o t e s -----------U .S .c e r t i f i c a t e s
of
1^ . 8^9
16 5 ,1 6 0 7 7 6 ,8 2 0
556
1,303
7,083
in d e b t e d n e s s
T o t a l e a r n i n g a s s e t s ------B a n k p r e m is e s -— ------- -----
182,632
800
846,459 204,626 178,*445 107,780
500
3 ,7 72
312
875
51,720
31,339
28,332
4,443
8,469
l.Obl
8 9 , 5 3 9 2 4 4 ,9 3 7
7 4 ,7 9 4
63,908
4,476
1,153
lib
84,120
8,868
377
7
19,35*+
7 0 ,8 5 5 1 , 762,487
1 4 ,4 /8
176,379
1,063
5 4 ,822
193,187
47,403 l4o , 155 2 , 132,053
3,966
2,63 2
27,149
26.986
17
199,74S
10
20.612
99,432 270,025
90 , "629
218
2,936
541
37 , 638
83,142
45 , S94
73,062
-
99,441
4oi
56,269 150,107 2 ,3 5 8,96 7
10,976
400
221
U n c o l l e c t e d ite m s a n d o th e r
d e d u c t i o n s from g r o s s
5$
d e p o sits-
57-, 94.1
155,917
65,539
55,886
43,837
1 7 ,3 12
56,968
26,581
3 3 ,136
679,798
R e d e m p tio n f u n d a g a i n s t
S4i
418
415
8 ,2 71
196
925
770
450
358
886
469
730
379
10,289
1,000
700
204
1,205
606
44o
312
723
1,205
433
TOTAL RESOURCES---------- 363,901 1,807,679 397,257 446,067 224,834 208,079 733,932 226,025 160,049 238,991 119 ,14 0 330,280 5 , 316,234
F«R* b a n k n o t e s ----- ------A ll
o t h e r r e s o u r c e s ----------
1,852
^o j+ i.
M E M O R A N D A
(a )
In c lu d e s b i l l s
for
(b )
d isc o u n ted
o t h e r F . R * b a n k s , v i z *—
-
-
-
29 , 4s6
-
54,788
10,000
15,000
-
-
-
109 , 27*+
In c l u d e s b an k e rs * acceptance s
b o u g h t from o t h e r F * R * b a n k s :~
W ith
th e ir
W it h o u t
e n d o r s e m e n t --
th e ir
e n d o r se m e n t —-
-
1,860
-
-
-
—
-
—
_
-
-
-
-
-
-
-i
—
70
-
-
-
28,413
1,360
2 8 ,4 8 3
Release a for p u b lic a tio n Sunday morning May 2 5 , I 9 1 9 ; not e a r l i e r .
St.UcOc
WEEKLY STATEMENT OF RESOURCES AND LIABILITIESOE THE FEDERAL RESERVE BANKS AT CLOSE -OF BUSINESS MAY 23,
(in thousands of dollars*)
Boston
C a p i t a l p a i d - i n --------------
6 ,8 4 9
Surp3-us------------------
2,996
Governm ent d e p o s i t s
9 ,6 0 5
Due
----- -----
to m em bers - R e s e r v e
D eferred a v a ila b ilit y
All
other
Total
account
i t e m s ---
d e p o s i t s -----------
g r o s s d e p o s i t s ~-------
F * R « n o t e s i n a c t u a l c ir c u la t io n F .R * b a n k n o te s i n c ir c u
l a t i o n - n e t l i a b i l i t y -----A l l o th e r l i a b i l i t i e s --------
TOTAL L I A B I L I T I E S ------- -
103,7^
5 0 ,8 7 5
1 , 0^5
1 6 5 , 2b 9~
1 6 9 , 6^7
1919-
L I A B I L I I I E S
phila- Clevel. Ricfcm. AtlairJ^ Cl'nx c
M i n n ^ a n ,.^
4°i st^ i
7 ,b 30
21,345
9 ,225
4.195
1,415
2,421
6 , 4 i6
1,603
2,608
2.196
21 , 117
3 ,5 5 2
2,845
4,237
b ,364
9 ,0 3 2
7 ,5 1 8
7 ,3 8 6 29,027
' 7,215 1 1 ,19^
733,225 88,967 133,287 51,291 4 4 ,673 235 J -95 5 S , 9^-7 48,070 71 , 5^5
11,509 36,267
1 2 6 ,SS9 63,801 47,704 3 6 ,1 3 1 28,455 61,670 36 ,29k
4 ,6 0 s
7k8
1,510
10,919
114,524
742
863
4 oi
293
9S 1 , 8-53 '1647704“ I 907£rs6~“ 9 5 7 3 ^ ' — 80 , 807' ■■3'3a,5c7a_i02,~‘53_ 63,934 122,968
735,462 201,362 224,788 115,902 112,264 4 19,554 103,365 85,006 94,767
New York
35,163
12,739
18,066
D j l l g j 5% Y f b ru
r
1, lb 4
1,677
4 o ,794
17,693
3 1s
To tal
82, 553
, 4m
-o - 4 j ,466
' 99,999
3,399
87,786 1 , 697,524
537,642
20,354
6 .167
142,138
60,482 1 1 / , 70 o ■ 2^77,303
46,066 196,070 2 , 504,253
15,176
2 , 44o
5,425
8 ,8 9 4 22,472
13,103
5,703 13,104
6 ,8 6 2
6,774
167,20s
1,775
1,363
3,549
i , 24o
i ,o i 4
1,947
2,5 1 2
3 5 ,4 5 1
l1,311
,3 H
3 6 3 ,9 0 1 1,807,679 397,257 446,067 224 , S34 208,079 7 9 3,93 2 226,025 160,049 238,991 1 1 9 ,i 4o 3 30,280 5 ,3 1 6 ,2 3 4
1 6 ,^ 6 6
2 , 67 ^
2,887
1/1 E M 0 R AN D A
Contingent lia b ility as endorser on Discounted paper rediscounted
with other F*R, b a n k s ---Bankers* acceptances sold to
other F~R* b a n k s -------1, S60
27,341
45,0 00
109,274
36,333
1.860
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION,
F, R* notes outstanding-- --F . R. notes held by b a n k -- --F,R~notes in actual circulation
177,242
7,595
831,870 213 , 644 238,624 1 2 1 ,i 4 i 116,459 4 54,202 ll£ ,9 32
96,408
12,282
13,836
5,239
4,1 9 5 3 4 ,6 4 8
15,567
86,876 100,964
1,870
6,197
4 7 ,8 6 6 217,971 2 ,7 2 5 ,7 9 1
1,800
21,301
221,538
735 )462 201,362 2 24,788 115,902 112,264 4i9,,554 103,365
85,006
94,767
4 6 ,0 6 6 190,070 2 ,5 0 4,25 3
DISTRIBUTION OF BILLS AND U .S . CERTIFI CATE SOF INDEBTEDNESS BY MATURITIESWithin 15 days
B ills dico unted---- --- .---B ills bought in open m a r k e t--U-S* certificates of indebtedness
1, 675,512
57,635
30,746
16 to 30 days
42,344
37,957
681
31 to 60 days
138,435
65,767
3,209
6 l to 90 days
Over 30 days
60,492
22,083
31,-828
2,097
163,015
Total
1,938,866
193,187
199 , 7 4 s
R eleased fcr publication. Sunday morning May 25 ,
1919 > n o t e a r l i e r .
St-UOQd
STATEMENT OF FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS MAY 23, I 9 I 9 .
(In
Boston
New Y o r k
thousands of
p h ila .
C lev el.
'
d o l l a r s .)
R ic h m . A t l a n t a C h ic a g o
S t .L o u i s .
M in n . Kan s . Cy.
D allas
San F r a n ..
Total
FEDERAL RESERVE NOTES;
Received from Comptroller---- 3 0 ',2 0 0 1, 546,780 35^,740 3 5 3 ,^0 0
Re turn.3d to Comptroller----Charge able to F .R .A g e n t ---In bands of i?,H. ^ g e u t -----Issu ed
33 - ? S___ 571,310 132,856
82,256
205 , /b 2
975*470 225,884 271,144
28,520
143,600 12,24q 3 2 ,5 2 0
222,720 222,000 6o4 .4go 196.220 130,880 162,300 103. l60 276,260 4 .4g4 l4o
72,589 4 6 ,8 3 1 1191918
5Z.Z0Z 30.664 ^7 J p 6 _ J l '369 5^2<39 1 .3 4 /
150,131 1 ?5 . 1 IQ 484 . 562 137 , 9 x2 'jJo6 /? l 6 1.1 ^,544
'J ./7 9 I2 2 V ^ 3 7 136’ 50?
28,990 58' 660 3 0 ^ 6 0
18,§80 1 3 ^ 4 0 ' 13*580 23*925 ' 6)060 * V l C J 1 5
177,242
12 1 , l4 l 116,459 454,202 118 ,932
86,876 100,964
47,866 2 17 ,9 7 1 2 , 7 2 5 ,7 9 1
183 , 7 ^
17,6 25
2,500
13,939
13,248 12,052
2,178
4 S199
5 ,16 2
2,767
90,000 57,889 100,000
2b,000 3 5 ,0 0 0 262,3^5 5 5,^31
5 ^ , 1 9 1 1^2,507 10»,9 47 92 .963 7 4 ,7 6 0 186,695 6 0,734
831,870 213, b44 238,625“ I2l7l4l 116",‘^59^+54, 202 118,93 2
1,207
29,360
45,566 70,397
S^876~T0C^9$5
228.498
81^219
2.184 96,299
830,108
31,475 110.’ 464 1,5*85,*966
217[ 971 2*725*791
to F.,F.« T>a»fe l e s s am ount
r e t u r n e d to £*R„A&an.t f o r
re
d e m p t i o n ---------------
COLLATERAL SECURITY FOR OUTSTANDING
N0:!’hIS:
Gold coin and certificates on
h a n d -----------------Gold redemption f u n d -------9,975
Gold settlement ytad - F.R*Board 50,000
Eligible paper, miniciuoa required 117,26?
T o t a l ------------------ 177,242
AMOUNT OF ELIGIBLE PAPER
delivered to F . R. a g e n t -- 165,160
831,870 213,644 2 3 8 ,624
776,820 144,864 159 , o4g
96,609
8 4,034 244,916
66,280
13,052
2,658
25,600
6 0 ,17 1
84,120
1 1 ,5 8 1
2,626
11,338
47,403 123,359 2 , 052,784
(Released for publication Monday morning M g/26,, 1913; not earlier.
St.4oi
CONDImION 0? ME5E33EL BiiESS.
I.'Iay ?4} 131.5
Further reduction
in the holdings of Treasury certificates, more than
offset by an increase of other loans and in-restraents is indicated by the
Federal Reserve Board*s statement of condition on May 16 of 7/3 member
banks in leading cities.
U» S. bonds other than circulation bonds on hand show an increase during
the week of 3*9 millions, all outside Federal Reserve bank cities.
Loans
secured by Government war obligations, including Victory notes, show an
addition of 7 .6 millions, notwithstanding a reduction of 4.7 millions'under
this head reported by the New York City member banks.
Other loans and
investments went up 5S .6 millions, all classes of banks sharing- in the
increase.
Aggregate U. S. war obligations and loans secured by such obligations
("war paper") declined from 4,011-5 to 3 , 9S4 .9 millions and constitute 27*1
per cent of the total loans and investments of all reporting banks, as against
27 .4 per cent the week before*
For the New York City banks an even larger
decline in this percentage from 3 1.4 to 30-9 par cent is noted.
Net withdrawals of Government deposits totaled 116-3 millions, while
time deposits declined 23-2 millions, largely in the 12 Federal Reserve
cities.
It is Jikely that the amounts of time deposits withdrawn we re used
largely to pay on subscriptions to Victory notes.-
On the other hand, net
demand deposits increased S4.7 millions, the increase being more or less
r general for all classes of banks.
As a result reserve balances with the
Federal Reserve banks show an increase of I S .1 millions.
appears in the total of cash in vault.
No material change
Re easea
or publication
Monday morning May 26, I 919 ; not e arlier.
St-4oia
O
O
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER. BANKS IN LEADING CITIES* INCLUDING MEMBER BANKS ;LOCATED
IN FEDERAL RESERVE BANK CITIES AND IN FEDERAL RESERVE BRANCH CITIES, AS AT CLOSE OF BUSINESS MAT l6 , 1919*
1 . Daoa for all roporLing banks in each district.________ ___ (in thousands of do liars -)
Boston New York phila* Clevel* Richm ♦ Atlanta Chicago !3t.Louis Minn- Kans »Cy> Dallas San Fran. Total
47
101
No- reporting b a n k s --— ---Us
108
5&
89
S3
44
35
775
53
7£
15,450
6,270 14,
U* S* "bonds to secure circulation 1^,402
^9,6^6 11,597 H0,960 25,270
19,9 12 17,056
2o8 .,095
is. j 24 34, 599
Other U«S-bonds including
56,947 18,668 12,729 24, 607 22 , 089 35, 713
Liberty bond s-- ------ —
23,24!+
300,755 34,595 63,195 48,250 4 i ,65S
682 ,,490
U. S. certificates of
indebtedness ------------ 124,835 1,014,446 142,781 151,767 83,283 73,666
288,128 7 4 ,9 6 1 4 6 .1 50 68 , 035 37, 84.1 1 1 6 ; 439 2 ,, 222,,332
7 , 17 2 .
Total U. S» securities----162,481 1,364,887 188,973 255,922 156,803 130,774
364,987 110,685 65,749 106 , 651 78, 2 ^ l c*f'j >751 J
.917
:
12
,4
19
Loans secured by U~ S.bonds, etc •
80,383
523,367 l4l,913 99,960 37,954 23,142
25
>
4
1
7>05 1 , 080. 020
6 , 9 s0
93,633
12 , 785
All other leans and investments 791,296 4,134,789 624,097 994,052 380,030 300,116 1,428,926 381, ^
234,294 456, ~<cn 17 Q 3! 8 523, 6>!-7 10 ,,42S! oil
Reserve balances with F„R»bank71,933
678,826 62,34-1 91,432 33,582 29,248
167,814 42,455
22,365 46, 177 is; 233
7.3 2 1 ,,317, rGO
cash in v a u l t -----------24,336
121,743 19,300 34,711 16,518 13,282
66.263
9, 4/7
9 ,5 8 1
9,436
612
3 60. rq6
15 , 137
7O
'' 10 ,
1*Tlil.’ J
*f 10J Ij.iv'r' r
Net doeand deposits------741,332 4 , 92b, 248 661,559 802,557 3 22,424 249,658 1 , 276,433 30 8,67 9 232,690 4 18 . 132 C’-~
5” 1 5U7
Time deposits ------------ 109,458
279,189 21,2l4 294,578 78,744 n 4 ,5 4 o
431,801 9 7 ,7 31 55,641 7 1 , 337 28., 796 135’ 263 1 ,
<594
Government deposit,s ------35,056
188,890 27,166 30,179 21,125 20,489
18 ,2 8 1
9,093
8 . 720 . 3 , 254
16 . 424
5 5 ,5 H
434.
2. rata for banks in Federal Reserve bank cities, Federal Reserve branch cities, and other reporting banks,.
New York
Chicago
All F.R.bank cities
F.R.branch cities A ^n g ^ v lp° rt~
Total
May 16-- May 9
May Id -- May 9
May 16-— —May 9
May lo
May 9
May 16— May 9
May lb-- Hay 9
No. reporting b a n k s -to
©5
44
44
255
255
159
159
359
359
773
773
U* s.» bonds to secure
circulation------39.228
39,377
1 ,169
1,169
103,613
103,762
54,979
54,880
109.503
109 546
26809 s
268 188
Other U .S . bonds in'
eluding Liberty bonds—
259,036
259,74l 23,185 24,005
382,030
382,313
118,014
115,059
182,446
181,245
6 82,490
678, 6.17
U. S* certificates of
indebtedness------922,183
943,232 162,467 163,690 1,494,3.42 1,523,627
352 ,44i
356,359
375,749
380,446 2 , 222,332 2 , 260,432
Total U.S.securities-- l , 220,447 1 , 242,350 186 , 821 188,864 l , 979,785 2,009,702
525,434
526,298
667 , 69s
671,237 3,172,917 3 , 207,237
Loans secured by U- S.
.
bonds, etc. — ----484,063
488,754 69,064 67,092
839,913
839,004
114,625
109,247
125,542
124,247
1,080 080 l 072 4gs
All other loans and
1
’ ^
investments------- 3,684,806 3 , 657,201 882,353 870,912 6, 862,038 6 , 826,623 1,547,164 1,531,884 2 , 019,309 2 , 011,365 10,428,511 10 , 369,872
Reserve balances with
9
F.R. b a n k -------636,849
622,607 115,678 117,407
920,393
9 71 ,04s
155,682
l4g , 262
181,685
180,429 1 317 760 1 299 739
Cash in v a u lt ------106,461
108,216 39,521 38,739
206,962
207,350
57,297
56,997
96*357
96,540
*360*596
*360*887
Net .demand deposits-4,476,790 .4,455,360 863,891 851,708 7,459,733 7,4o 6,2l4 1 , 310,420 1 , 291,874 1 , 801,394 1 788,676 10 571*547 10 486*764
Tiiae deposits------ —
214,231
223,258 162,566 164,599
691,792
711,644
503,339
502,519
523,763 ’ 527 932 1*718*894 1*742*095
Government deposits-161,749
223,272 31,928 4l,805
£95,075
387,278
69,411
S l,74l
70,362
82 080
* 4 ^ ’ g4g
*551*099
**
R a t i o o f U-S* w ar s e c u r i t i e s
^ a n d fwar p a p e r to t o t a l lo a n s
End investments, per cent
.
30*9
3^*^
22 *^
22*6
28*1
- 3
*
28.U
26*7
26.8
2^„3
^
2b M
27*1
9 jj
,
u
27*4
C O N F I D E N T I A L
Not for publication
.
EARNINGS, EXPENSES, ANNUAL RATE OF NET EARNINGS TO-PAID-IN CAPITAL, ALSO FISCAL AGENT DEPARTMENT
DISBURSEMENTS AND MOUNTS REIMBURSABLE FOR THE MONTH OF APP.IL, b i j . •
: Excess of
I&vidend
Current :earnings over : Capital : requirements
expenses :
current
: paid-in : ^ per cent
: expenses
: Apr oO, »19 : per month
Federal
Reserve
Bank
Total
earnings
Boston
$ 587 , 36 2 $ 125,801
: Dividend
: and expense
: . require:
ments
$461,561
$ 6 , 815,350
$ 3^,076
$ 153,877
21,200,800
106 ,004
471,483
37,923
s t .396
: Annual rate:
:Amount reimbursable
:
of ne t : Disbursements :Apr *30,1919 account
: earnings :•of Fiscal Agent:Fiscal Agent Dept.
;
disbursements
: on capital: Department
; Per cent :
82.4
$170,386
$158,025
131.0
841,498
1 , 821,019
129,843
93*5
146,480
467,397
2,648,337
365,479
2 , 283, 45s
Philadelphia
674,815
31,920
582,895
Cleveland
570,417
S3 , 10s
487,309
9,224,700
46,124
129,232
64.3
231,514
324,902
Ricfrnond
396,212
67,434
328, 77 s
4 , 185,800
20,329
88,363
95-5
32,329
135,283
Atlanta
. 3 IS ,467
76,463
242,004
3,235,400
16,177
92,64 o
91.0
95,344
210,826
Chicago
253,765
206,763
647,002
1 1 , 403,650
57,018
263,781
69-0
259,341
569,616
St. Louis
330,224
75,704
254,520
3,327,750
13,139
94,843
S0.3
150,580
235,034
Minneapoli s
259,045
32 , 4oi
226,644
2,976,850
1 4 ,ss4
47,285
32.6
102,861
131,455
Kansas City
413,795
102,430
311,365
3,750,550
I S ,753
121,183
101.0
75 , 432
349,100
Balias
232,809
54,775
175,034
3,234,500
16,173
70,948
67.0
62,282
432, 674
San Francisco
508,416
84 ,950
423,466
4,702,200
25 , 511
108,461
109.6
113,117
739,277
New York
7,584,650
TOTAL Apr->19
7 , 794,264 1 , 367 , 22s
6,427,036
82,142,200
410,711
1,777,939
95*2
2,281, 164
5 ,6 o 4,6 os
TOTAL Apr *' IS
4,418,367
64§, 314
3, 773, C53
74,963,000
374..815
1 , 020,129
60.4
l,4o4,66o
3,594,476
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
MAT 26, 1919 •
C O N F I D E N T I A L
Not for publication
PERCENTAGES OF GOLD AND LAWFUL MONEY RESERVES AGAINST NET DEPOSITS,
St-405
PERCENTAGES OF GOLD RESERVES AGAINST FEDERAL RESERVE NOTES IN ACTUAL CIRCULATION AND OF
TOTAL RESERVES AGAINST COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES
OF ALL FEDERAL RESERVE BANKS.
May 23, 1919*
Ratio of gold and
lawful money reserve
to net deposits
......... May. 16---May 23
Ratio of gold reserves
to F. R. notes in
ac tual circulation
May 16 ----Hay 23
Ratio of total reserves to
Ratio of gold reserves to F.R.notes in
net deposit and F. R. note
actual circulation after setting aside
liabilities combined
35^ against net deposit liabilities
May 16-- TTav 23
■
.... .. i,i.... ... T-Ta.v ifi-- TTav ?3
Bo ston
U9 . I
46.6
41.7
4 2.0
44.8
4 3 .8
51.8
49.3
New York
4 7.2
58.6
42.4
42*5
44.9
51.0
55*3
69.0
phi lads lphia
U l .6
42-4
40.7
4 o »9
4l.o
41.4
44.4
44*5
Cle ve land
63*7
58-5
63.9
53.0
63.9
58.2
81.2
72.1
Richmond
46.6
71.4
3S.9
3 0 .5
41.2
4 3 .1
44.0
46.7
Atlanta
4s. 1
51*7
43,6
42.5
44.9
4 5 .1
4s. 8
4s. 9
Chicago
5G .0
54.6
7 1 .1
7 1.6
66.2
65.3
84.7
83-2
St. Louis
64.0
43.2
59-5
61.4
6 1.2
54.9
7 7.1
65*9
4s. 1
55.3
54.9
60.7
52.5
77*7
62.0
50.2
50.4
61.0
6 1 .1
39*^
43.7
4 3 .1
50 .1
53-3
5 1 .S
62.0
59*0
5 1 .1
52.3
62.9
64.6
Minneapolis
68.7
59*3
59-2
43.9
3
Dallas
37*7
47.0
4o.9
41.3
San Francisco
4 8 .3
43.5
51.2
55-0
TOTAL
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
MAY 27, I 9 I 9 .
.
CM
*
Kansas City
55_-7
51.0
5C.3
RATIO OP "FLOAT" OF EACH FEDERAL RESERVE BANK TO IIMEDIATELY AVAILABLE ISEPOSITS.
C O N F I D E N T I A L
Not for publication
Federal
Re serve
Bank
(In thousands of d o lla rs.)
I
»
d*
Deferred
fttticollect3
♦availability
1
items
1
1
items
f
1
1
I
Boston
MAI 23, 1919
«
t "Float" after adding net debit
1 Ratio to 1 or deducting net credit in
1immediately1
Saturday's settlement
j§noimt * available 1
* Ratio to immediately
1 deposits.1 ijnount ’ available deposits.
1Per cent
1
. per cent
*
" F L O
St.^O^
A T
"Float" after deducting National and
R.
Bank notes, also net investment in
transfers frciu second calculation
*
Ratio to immediately
1
available deposits
Amount
•
per cent
F
57,9^2
50,875
7,073
6*2
1^,259
12.5
13,813
12 .1
15M 33
126,889
27, 1^
3*2
26,861
3 .1
22,915
2.7
Philadelphia
65,539
63, s o i
1 , 73s
1.7
U.007
k*o
4,007
4.0
Cleveland
55,886
U-7 jok
8,182
5*7
7,028
1+.9
6,160
■*.3
Richmond
*+3,837.
3 6 ,13 1
7,706
13-0
s,707
1U.7
8,599
14.5
Atlanta
37,638
2S,U55
9,183
17-5
5 ,7 ^
11.0
5,393
10.3
Chicago
83,lU 2
61,670
21,^72
8.0
18,059
6.7
12,982
4-s
St* Louis
45,894
36 , 29^
9,600
lU .4
7,302
11.0
6,091
9*2
Minneapolis
17,312
11,509
5,803
11.1
5, 0^3
9.6
3,501
6.7
Kansas City
56, 96s
36,267
20,701
23*9
18,763
21.6
7 , 8%
9.0
Dallas
26,581
17,693
8,888
20 *8
10,195
23*8
6,156
San Francisco
33,136
20, 35^
12.782
13-1
lU,3oii-
lU.7
10,580
677 , 91^
537, 6^2
lUo, 272
7*2
1^0,272
New York
T O
T A L
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
MAY 28, 1919
7
- 2
1 0
8
, 0 U 3
10.9
5*6
.
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS*
C O - N F I D E N T I A L
Not for publication.
Bank
:r
j y 23 , 1913
twrnT.T.F.CTET) ITEMS
Chocks :National Bank:
and : notes and
;bank notes of : Transfers All other :
other
: Clearing :
uncollected:
: bought
:
other
cash
: house :
items
:
s * items : F. R. Banks
EEFSRHED AVAILABILITY
.
Total
r
Gold
. Settlement
Suspense
: Transfers
:
sold
Government
transit
items
Other
transit
items
Total
*+,395
46
446
-
53,061
57 , 9^3
21,650
-
-
29,225
50,275
1^,515
4,510
3 , 9^6
-
131,062
15*+, 033
56,517
-
-
70,372
126,229
phi lade lpMa
*+,2S7
2,643
-
52,009
65,539
22, 920
-
3,041
3 7 ,^ 0
63,201
Cleveland
4,720
97
393
50 ,i 4 i
5 5 , 3S6
15,401
-
1,949
30 , 35*+
47,704
Riclmond
2 ,3 ^
92
10s
-
*+1,293
*+3,237
9,699
-
1,015
25,^17
36,131
Atlanta
2,965
277
35i
-
34,045
37,638
4,259
~
4,497
19,699
22,455
Chicago
3,770
36,779
61,670
St - Louis
2 , 37*+
960
22,096
36 , 29*+
Minneapolis
2,119
2,144
6,305
11,509
Kansas City
1, 5^7
-
22,280
36,267
-
S,626
17,693
Boston
New York
475
i , 9i3
4 . 1S9
73 , 270
S3,142
23,866
1,025
721
590
*+2,193
45,394
13, 13S
100
4o
1,502
13,651
17,312
3,060
-
1,003
212
10,705
43,501
56,96s
7,327
-
616
164
530
3,762
21,509
26,521
2 , 75*+
2,552
37
251
3,474
2 6 ,S22
33,136
6,737
1
151
13, *+65
20,354
46,264
2,225
2^,697
522,557
677,91*+
193,322
1,379
13,757
329,118
537,642
Dallas
San Francisco
TOTAL
-
-
16
-
DIVISION OF REPORTS AM) STATISTICS
FEDERAL RESERVE BOARD
MAY 22, 1919*
8 ,9 H
253
-
/
F E D E R A L
R E S E R V E
B O A R D
X-1547
GOLD SETTLEMENT FUND
Summary of transactions for week ending May 29, 1919____________ (In thousands of dollars)________________ CONFIDENTIAL______________________
Aggregate
Aggregate
T R A N S F E R S : Settlements from May 23 to
Federal.
Balance
withdrawals
:
May 29 1919 both inclusive
deposits and
Gold
last
Gold
Reserve
and trans
transfers
Bank of
statement
with deposits fers to Agent Ts from Agent's
Net
Total
Net
Total
drawals
fund
Credits
Credit
May 22,1919
Credits
fund
Debit
Debits
Debits
Boston
9,270
401
385
37,915
92,b69
385
101,939
New York
401
70,000 53,201
170,383
339,172
285,971
Philadelphia
Uo, 106
2,398
1,000
5,000
2,398
26,000 18,492
128,875
110,383
2,000
Cleveland
5 5 ,446
2,000
94,288
10,000
10,980
1,375
30.000
83,30 s
1,375
Richmond
10
338
5.010
27,245
55,495
54,038
338
3 5 ,ooo
3C,0C0
1,457
2,402
10
At j.anta
2,402
13,466
2.010
3,034
36,541
33,507
Cliicago
107,784
13=617
3,800
156,924
23,811
81. 700
13,617
27,863
1 3 3 ,H 3
438
438
St, Louis
22,180
3,631
10.000
8,b31
7,532
79,327
86,859
240
Minneapolis
15,062
1,040
9, COO
28,518
5 , coo
9,365
19,153
598
Kansas City
l&,6o4
598
11.000
54,762
60,475
5,713
Dallas
535
14,863
55
12,700
55
7,989
1,000
535
29,655
28,655
501
San Francisco
1,631
2,445
25,835
34,190
5,000
31,745
Total
568,620
191,964
14,313
191,964 73,150 1,079,781 1,079,781
2,513 26,020
73,150
vJ L/ wi i Ui CA- x „ y
^ •*-
vjl
.,
7 ?
»
C ; S O
5 J J 'J
FEDERAL
R E S E R V E
A G E N T S '
FUND
Balance
Withdrawals
Deposits
Gold
for
last
Gold
through
Total
with deposits
statement
transfers
transfers
with
to banks
May 22 ,1919 drawals
from tanks drawals
52 , 000: 5,000
5,000
90 , 000:
1,000
10,000
62,689: 10,000
100, 000:
26 , 000: 2,000
5.000
2,000
35 , 000:
2.000
262 ,344: 5,000
5.000
3,800
60,431: 2,000
5,000
7.000
£5,600
800
800
29 , 360: 2, COO
2,000
2,184;
500
500
1,130
96,299: .5 ., 000
... 6,130
842,107:31,500
11,800
38,430
.. .. 6,930
Balance in
fund at
close of
business
iVUy 29,1919
47,971
186,786
44,012
45,801
26,716
16,892
87,575
27,905
21,467
39,915
7,306
34,911
587,257
]
:
Federal
Reserve
Ag^n** at
Boston
New York
Philadelphia
Cleveland
Richmond
At lanta
Chicago
St, Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
::
:
:
Total
deposits
::
:
:
:
-
.
-
-
*
Balance at
close of
business
May 29,1919
47.000
90.000
1,000
5 , coo
2,000
3,800
:
:
:
:
:
11,800
53,889
100.000
29.000
37.000
261,144
53,431
24,800
27,360
1,684
90,169
815,477
Summary of changes in ownership
of gold by banks through trans
fers and settlements*
Decrease
Increase
9,671
16,398
2,508
9,020
3,543
3,034
30,026
2,468
5.365
5,287
1,163
__ ... ..
47,964
7,445
47,964
_ L _ I — T_
. v ..... t. . , ||<(
@FedFRASER