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STATEMENT FOP. THE PRESS
Released for publication
Sunday morning, June 22, 1919 ;
Not earlier.
Federal Reserve Board
June 21, 1919*
FEDERAL RESERVE BANK STATEMENT.
by
Liquidation in some volume of #'ar papey fully offset however/ increases of
other discounts and of acceptances on hand, also a decrease of 2S.1 millions
in gold reserves are indicated in the Federal Reserve Board* s weekly bank state
ment issued as at close of business on June 20, 1919'
As against a decrease of 73*6 millions in War paper there are shown increases
of 32»9 millions in other discounts, and of U0,2 millions in acceptances.
The
total of war paper on hand includes an amount of 127*5 millions discounted for
other Ft R. banks by the Cleveland, Chicago, St. Louis and Minneapolis Reserve
banks, while the total of acceptances on hand comprises 27-5 millions bought from
the New York Federal Reserve bank without the latters endorsement.
A decline of
2.5 millions in Treasury certificates represents in part liquidation of temporary
purchases of certificates from non-member banks.
As a result of all these oper
ations total earning assets show a decline for the week of 3** millions.
Government deposits fell off 33*3 millions, reserve deposits increased 15
millions, while the "float" carried by the Reserve banks was ^ 5.5 millions less
than the week before.
Net deposits show a decrease of 2 3 millions.
Federal
Reserve note circulation declined about 11 millions, Philadelphia, Cleveland and
Richmond reporting the largest decreases.
Direct withdrawals of gold by member
banks and exchange of notes for gold, to meet the export demand, account largely
for the decrease of 23.1 millions in gold and of 27*5 millions in cash reserves,
The banks' reserve ratio shows a decline from 52*7 to 52*5 Per cent.
I
Released for publication Sunday morning June 22,
1919;
s t .4 4 5 £
not earlier.
ST/TSIEHT OF COMBIFED RESOURCES AND LIABILITIES OF TEE TWELVE FEDERAL RESERVE BASfE S AT CLOSE OF BUSINESS .JUITE 20,
1 o
/~\
t t
'o
r\
-r-1
^
^
_
R E S O U R C E S
20, 1919
June 13 , 1919
Gold coin and certificates
$33 2, 676,000
$ 3 5 5 ,8 1 1 ,0 0 0 “
Gold Settlement Fund - F* R* Board
521 , 238,000
522, 675,000
Gold with foreign agencies
Total gold held by banks
913 . 9 A , 000
933,4s~6,ooo
Geld with Federal Reserve Agents
1,127 , 216,000
1 , 1 1 7 , 970,000
Gold Redemption Fund
12 4 , 595,000
137 , 4lt}000
Total gold reserves
2, 165, 725,000
2,153,874,000
Legal tender notes, silver, etc.
6g, 7 50 000
___ G o 1 14., 000
Total reserves
2,23^,459,000
2 , 2bl,98S,’bC0
tj.-i-,
..
, _ (Secured 'oy Govt, war obligations
l,
621
,
92^,000
1
,
695
,
576,000
B ills discounted Uill
/ n l o tner "
215.51 2 .0 0 0
IS 3, 592. 000
B ills bought in open market
274.736.000
234, 537',000
Total b ills on hand
2, 112,17 6,000
2, 112 , 711,000
U - S * Gov ern n ent bonds
27, 1.000
27 , 130.000
U* S, Victory notes
333,000
333 ,000
U. S. Certificates of indebtedness
20 i , 6 6 3,000
2 0 4 , Upr.
•W
, \j 00
All other earning assets
io t_,l j d r n i ^ assess
2,3^1,5t-3,cJO
579,000
2,
Rank premises
i i ; 060.000
10 , 926,000
Uncoilactod it.3Cis and other deductions from gross deposits
s 4 f’ 157,000
S3 5 >3 62' coo
5?? Redemption F.md against F . R. bank notes
. 9 , 053’ coo
s , 899,000
A ll other 19 so arcas
_ ii:
10
. 33
000
TOTAL HSS0URCE3
5T^5f,T;"5o’tooo
5 , ^ 7 2 , Lrb', 0 0 0
L I A L I L I T I E S
Capital paid in
Surplus
Gcvonmait deposits
i/ae to members - Reserve account
.Deferred availability items
Other deposits, including foreign government credits
Total gross deposits
F. R. notes in actual circulation
F. R. bank notes in circulation - net lia b ility
A ll other lia bilities
TOTAL LIABILITIES
Ratio of total reserves to net deposit and F. R. note
lia b ilitie s combined
Ratio of gold reserves to F. R. notes in circulation
after setting aside 35$ against net deposit liabilities
161.495.000
1 , 64s, 630,000
622,037 ‘ 000
127 . 264.000
82*7 5 b .000
49/!b6,000
2} 619, 4g6 , 000
2,488, 253,000
173,775,000
4 1 , 73.4^000
5»^55,450,dC0
52.5/o
64 . 9$
1919 ,
22 . 674.000
49.466.000
245. 245.000
1 , 633 55S3 i 000
623.733.000
127.565.000
2 . 630. 132.000
2. 499. 265.000
170. 937.000
39 . 672.000
5 , 472, i4fa, ooo
5 2 . 7^
*1-1 eludes one-year Treasury notes
June_ 21,_1918
7731000 ~
4 s.I, 023.030
17 008’ 000
936 , 804.000
957, 238.000
30, 33J
. 0 0 0
1 , 92 ^ 373T060
./3 '';00
1 Q8J * T u ,o o o
Rifll. 133 v000
3 Si', 077; 000
21<.}472*000
T7i6’7".’7:^ ,’C00
4oi 877 ,000
’
*3 5,28 3 >ooo
Ipo’ ooo
______ _______
1, 240, 602.. 000
584,154,000
v
*
----------
735,000
r - •-x
r- / /•-.
C
OCX)
J
3, SCb1
000
770.000
134'000
4573000
159,
1 ,464, 380.000
2S7, 703.000
1 1 7 , 345.000
2, 029, 557.000
1 , 6 7 7 , 951.000
9 , 945.000
12 , 3 3 5 . 0 0 0
3 , 2067692,000
75,
63-4$
Haleasnd for publication Sunday rooming June 22, 1919;
not earlier.
V'.'EEIQjY STATD5ENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JUNE 2 0 ,
Boston
Gold coin and c e r t if ic a t e s -- —
3 fk01
Gold Settlement Fund - F*R~Board U3 , 5U5
Total gold h e ld by banks
Gold with Federal Reserve Agents 5S ,526
Gold Redemption F u n d -------- 12 ,057
Total gold r e s e r v e s --------11 7,509
Legal tender notes, s ilv e r , etc,
7 r^OS
Total reserves'------------1 2 4 ,9 1 7 ”
B i l l s discounted:
Secured by Government war
obligations ( a ) -- ------- 1^3 ,557
A ll other —
---- ------5 ,1 5 5
B i l l s bought in open market (b)~ 1 9 ,0 5 6
Total M i l s on h a n d -------- l ^ f j S S
U . S. Government b o n d s ------g
U* S* Victory n o t e s ------- jjq
U. S. ce rtific ate s of indebtednesjg 916
Total earning a s s e t s --- --- 185 ,2 5 3
Bank p r e m i s e s --------------gQQ
Uncoil acted it ems and other
deductions from gross deposits 36,344
5fo Redemption fund against
F-R* bank not e s ---------343
A l l other r e s o u r c e s --- ----464
TOTAL RESOURCES ----------
Includes bankers1 acceptances bought from other
F* R- banks With their endorsement —_
Without their endorsement
22S , 77S
225 ,032
^ 53,310
292,376
3 ° >63
24,329
771,515
51 ?obQ
323 , 3 s4
6,32?
132,637 197,361 79 >6Ul
25O
& 60 ____ j o .
132,337 19 s ,229" so ,091
534,513
176,533 121,593
13,254
6,623
39,732
30,94s
7 0 5 ,2 4 1
1,302
50
3,466
770 ,061
3,782
198,53-5
1,593
_ i 02 2 _
39^,621 1 , 300,377
(a) Includes b i l l s discounted
for other F~R*banks, viz-(b)
ile'.v York
R E S O U R C E S
(In thousands of dollars-)
Phila- Clevel* Richnw Atlanta Chicago St. Louis
422
3 7 ,1 5 9
2 ,l 6 6
7,333 23,319
3,349
53,579
75,733
50,335
72 , 79 2 119 ,73 9
:, 96o
36 ,433
3sT^r
3^,160
s4 ’, 7 o4
13,950
3 64
6 . 6b 1
°P 3
195,70b 160,135 105,331
1,335
1,033
1,234
6,260
213,772 .173,730 112 ,3 75
500
3G2
3 75
21,631
17,512
81,726
7 9 ,025
67,429
1,0 25
334
1*557.
888
460
736
436,467 453,631 261,933
9 ,4^4
17,337
73,640
96,859
43 , 7152 55,34 4
4 ,7 7 2
33,719
b%82k 336,522
1,002
67,303 387,524
72,405 213,504
15,296 2 1 ,9 30
j i .722
94 , 7 b0 273,206
376
4,476
7
10,599 23,612
105,742 301,294
213
24,034
27,333
55,532
T 4~353
1,153
116
16,677
246
6,qi4
93,372
71,629
46,022
1,302
U i,b i7
7 5 ,5^2
35,731 107,182
1,547
37,433
4,913
6,395
_____
1 7 ,3 2 3
541
385
30,859
10,070
2 ,936
495
Minn. K a n s.C y .
8,329
2 2 , 51,0
4,604
SS?0I~9~ ~lk>',288
37
90 , 90s 7b , 375
58,579
610
553..
1919
14,465
358
375
209,379 301,735 232,006 163,002
st. 445b
Dallas San Fran
Total
121 7,290
9,959
332,676
26,969 5,610 24,354
531,233
27,090 3*1,900 1 ^ ^ 5 3
’ 91 ^ , 914"
26 , 27 s 15,920 114,351 1 ,:i2 7 , 2 i 6
1 5 ,2 x4 2 ,sb4
939
t<
?.h 5qt^
"bs ,532 3i~6$ r i 50 a 43 -O T > 5 '“ 7 p5
133 1,9 7 1
'263
68 7^4
63,770 3 3 ,655 150 . S i F 2 ^ T f
43,132 23,277 53,399 l , 621.928
42,444 24,375 12,664
21^.512
12 ’ 649 6^,030
a >Lh
90 , 533~4s730i i3 i,W 3 " 2 , 112 ,176
s ,s 6s 3,966
2,633
27,131
333
5 .4ii
5,950
106,341 57 ,673 139,726 2 , 341,523
4 01
'221 • 400
11,0 6 6
6,885
84 3,15 7
62,37*+ 31,389
37,935
396
764
4os
9,053
621
1 1 ,1 9 2
729
420
239,035 124,103 329,561 5 ,455,450
M E M 0 R A H D A
-
30,000
-
-
65,374
7,600 23,930
-
127,454
27 > 7 5
2f,'475
Released for publication Sunday morning, June 22,
1919; not earlier.
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS, JUNE
( i n thousands of
l
Capital p a id in -------------
Boston
New York
6,877
2.396
1+1+; 023
2 1 ,l+!+l+
21,117
• 15,3^8
691,557
153,585
lia b ility
7,636
2, 60S
1^,593
3,236
3 ,552
27,735
S9 .17 1 120,338
65,098
37,163
16,638
3M 92
20,190
15 , 58S
3 ,037
ll+^M
3,1+26
2^ 90'4
i
acceptances
E S
A t l a n t a Chicago St »Lo u i s
1 1 , ^ 56
3 ,8 6 7
l+,209
3 ,2 ^ 7
1,603
M
1,510
2,196
8 ,8 3 1
s
l
^
o
8,
TOO
18,097
Richm.
6
6
Minn- K a n s -Cy- D a l l a s
San Fran-
Total
3 :7 6 1
2 ,'421
7 ,9 5 2
U .7 7 ^
2 , 1+li-S
8 2 ,7 5 6
1+9, >466
3 ,0 0 9
i ,U l 5
3 ,2 ^ 0
5,997
2*053
998
l,1 8l+
2,736
1+2 , 562
13,436
2.1+12
S 6 „ !ll;6 1
12 , 1+00
7 ,5 6 3
6,833
173,775
5 ,9 1 8
14, 609
4 ] . 7il+
il
n
^
C
?
f
S75.
V ' r,7
1 ,2 7 6
J j 'P i > 3
1 GO'j
;-:y .
5
,
453,450
124,103
3
29,361
o i, 7^5 232,006 163,002 233,035'
y , b l '1 s
ov
9,567
2 3 ,7 8 0
M E M O R A N D A
a s endo rser on -
D isc o u n te d p ap er r e d is c o u n te d
w i t h o th e r 3? .R . b a n k s ------B a n k e r s*
i l i t
~ 338,621 l, 800,377 1+367%/ t+58363i 261,985
TOTAL Xjj-Axjj.i_iXTiJiS
C o n t in g e n t
b
1 6 1 , 1+95
64gv63o
50,937 ^ , 7 3 3 235,308 61,531 51 , 72 s 7 2 , 7 1 9
2
?.;
613
6
K2 ,097
2)1 17 5 30,075 36.619 W , 5 1 3 L!1,951
67,323
5,87>1
T
27,261+
S0T
1 ,6 6 8
763
666
3 ,3 F*
293
1 1 1 ,8 6 1
1,0 61
2,619 j"4s6
1 0 / , 7 4 4 T s ^ o f 1 2 3 » 5 0 b '5373&T 117 ,
97 2,951 201,928 213 . 597 13^, 67 6 77,954 33 Ss 1 Ti
1+6,
bSS
1
9
5
,
1
8
2
2 ,1 * 8 8 ,2 5 3
9
^.
623
1
02
,
7^0
82,417
1+17 s700
735,226 200,619 2 1 3 ,^ + 110,852
Government depo si t s---------Due to members - Reserve account 10 1 , 515
50, 5546
Deferred a v a il a b il it y items— -232
A ll oilier deposits----------196,316
Total gross deposits------E-R.notes in actual circulation-. 172,757
E.R.bra/k notes in circulation —
net lia b il i ty«3~----------A U other l i a b i l i t i e s ---------
i a
phila. Clevel-
,
do llars)
1 2 7 ,^
2 5 ,^ 8 7
1+5,000
56,367
—
s o l d to
o t h e r j 1.R .b a n k s - ----------
FEDERAL RESERVE NOTES OUTSTANDING- AND IN ACTUAL CIRCULATION
F.R.notes outstanding---- --E .R .n c t e s h e l d Iy
8 1 9 ,il+9 213,899 22S.1+37 115,386 119/455 ^ 7 , 5 3 9 U 7 ,3 6 6
li p«n iU'q>{
U
V.I 160 2Q 8^9 3 4,626
bj> ■ ^
> Ir00 102,740
735,226 200,619 213,454 110,852
180,293
b a n k -------- -- L .5 3 6
I’.R.notes in actual circulation 172 ,75 /
Sl+,999 101,655
2 >693,
2 ,5 3 2
7-032 . *,23 7 0 * 1 $
,^± i9 +-2
■
■
82^ l 7--pi7523~ V c t 688 1 9 5 , 1 S 2 2 , 4 S S ,253
DISTRIBUTION OF BILLS AND U. S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES
W ith in
B i l l s d i s c o u n t e d -------------B i l l s b o u g h t i n o p e n m a r k e t ---U *S *c er tific a te s
/
o f in d eb te d n e ss
15
days
1 , 508,510
6 l,l+06
25,097'
16 to 30 days
57,993
60,662
2I+1+
3 1 to 60
days
6l
to 90 dagis
Over 9°
IS 6. 835
93,8*4J.c*
5I+. 885
52.820
29,217
235
13; 036
163,271
Total
1 , 8 37,^ 0
ZlK 736
201,883
Released for publication Sunday morning June 2 2 ,
1919;
,S t .4 4 5 d
not earlier
STATEMENT OF FEDERAL RESERVE AGENTS’ ACCOUNTS AT CLOSE OF BUSINESS JUNE 2 0 , 1919(In thousands of dollars-)
FEDERAL RESERVE NOTES:
Boston
Ne<? Yo**.
1 ^
Returned ^ C o ^ S o l l
* » *
In hands of F.
-----
v m
-
%
Phi l a . C ls v e l. Ricnn.
Atlanta Chicago St.Lov.is Minn.
i^ans.Cy. Dallas San Fran.
Total
»5 30 3 9 6 ,5 3 0 3 5 7 ,1 0 0 2- 3,120 2 3 2 ,0 0 0 6 2 0 ,5 0 0 2 0 1 , 3oC 1 3 2 ,3 2 0 l S j ^ C O
10 3,560 2 55,54 0 4 ,6 2 3 ,5 2 0
%
- m
g , i »
i m
R. A g e n t ------
24,o20
l 4 l ;000
31,330
33,520
29,127
50,6S0
23,350
13,520
l4 ,l4 0
13,300
22,295
6,000
424,452
Issu e d to F- R. bank less airount
returned, to F . R. Agent for
^ ° » 293
redemption
COLLATERAL SECURITY'FOR
OUTSTANDING NOTES:
Gold coin and c e r tific a te s on
h a n d ----- --- —-- * ------ Gold redemption f u n d -------Gold Settlement Fund - F . R.
7-7
7“ “
^ p 3 r’ mnimuin reclu i red
iotal
3 1 9 ,l4 5 213,395 223,437 115,336 119,455 447j539 117,366
_
_ —— -yha
11 526
° c , 136
~ _^
11 ’ r£ll
? i "'n
c ,lo0
47,000
100,000 57 , 339100,000
1 ^ 7 0 7 ---- 520,273 141,107 103,643
32,000
31,226
l4 cO^
213,399
lc 0 ,2 9 3
3 1 9 ,1 4 9
2 2 3 ,4 3 7
1 0 7 ,7o3
705,243 1 46,6 33 15 3 ,3 3 5
4 7 ,S25 217,095 2 , 693,153
^_
ll ,o o 4
' ’■
■
■
■
34,999 101,655
■
" n^r
_o ,9y O
.5 ,1^1
^ ,5 o l
~
2 ,5 1 3
37,000 246,944
7 5,740 191,595
52,431
6 1 ,334
20300
47^66
23360
7^ 377
1 6s4 102 207
kpi Urn
32 :00510 2 : 7^ 1 , 565:932
34 , 999101,655
4 7 , 9 2 5 2 17 , 0 9 5 2 , 693 , 19s
62,500
4 3 ,3 0 1 107,544 2 , 010' , ll4
*r,215
- •>-7
115,336 119,455 447,539 117,366
^ ,055
~
12,053
2 1 3 ,9 9 5
3 5 ,3 1 7
AMOUNT OF ELIGIBLE PAPER
d e l i , ^ 1 ) xO
F. R. ^gent
93 ,546
30,952 273,073
7 0 ,12 6
90,533
St-446
STATEt/ENT FOR THE PRESS
Federal Reserve Board
June 21,.1919*
Xs leased for publication
Monday morning, June 23,
1919? not earlier*
CONDITION OF ME.IBER BANKS-
Substantial dec&nes in the holdings of Treasury certificates and other u* S»
war obligations, also large withdrawals of Government deposits accompanied by cor
responding increases in other demand deposits, are indicated in the Federal Reserve
Board*s statement of condition on June 13 of 770 member banks in leading cities.
payment of income and excess profit taxes by tax certificates accounts pro
bably for the greater part of the 92*5 million decrease in Treasury certificates on
hand, while decreases of 10.5 and 14,3 millions in u* S> wax bonds and Victory notes
represent largely the net amounts of these securities sold to customers on the par
tial payment plan by reporting member banks-
An unusually large increase, viz*,
105*1 millions, is shown for other loans and investments, the New York City banks
alone reporting an increase of 74*3 millions under this head.
U- S ■war obligations and war paper combined show a decrease from 4,019-9 to
3 ,S 97 -4 millions and constitute 26.1 per cent of the aggregate loans and investments
of all reporting .banks, as against 26*9 per cent the week before.
For the New York
banks a decrease in this ratio from 30>5 to 29*3 Per cent may be noted.
As against net withdrawals of 235-1 millions of Government deposits there is
shown an increase of 196.8 millions in other demand deposits, besides a considerable
increase in bills payable and other borrowings from ■
Federal Reserve banks.
serve balances show a decline of 46-6 millions, largely in New York City, while
cash in vault shows a gain of 5*1 millions-
Re
Released for publication Monday morning June 2J, 1919; not earlier.
St-446a
STA.T3.IIENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BANKS IN LEADING CITIES, INCLUDING MEMBER BAKES LOCATED
IN FEDERAL RESERVE BANK CITIES AND IN FEDERAL RESERVE BRANCH CITIES, AS AT CLOSE OF BUSINESS JUNE 13, 1919*
1.
p a t a f o r a l l r e p o r t i n g b a n k s i n e a c h d i s t r i c t . _________
Boston
New Y o rk ph i l a .
r e p o r t i n g b a n k s --- -----U.S.bonds to secure circulation
Other U.S.bonds including
45
l4,30S
No.
( i n th o u s a n d s o f d o l i a r s . ) ________ ________________________________________________________ ____________________
C level.
R i c h a . A t l a n t a C h ic a g o S t . L o u i s
M i n n . Kans- Cy* D a l l a s
San. F r a n .
Total
88
41,372
56
108
43,079
11,597
82
25,590
47
15,515
101
20,135
36
17,056
35
6,870
75
14,117
44
18,324
53 _
34,605
770
268,568
L i b e r t y b o n d s ------------16,864
237 , 630 ' 34-,001
6 1,611 41,807 28,914
53 , 208 l4 , 126
3,596 22,7l4 20,4l4 34,861
63^,806
U. S. victory n o t e s ------1 0 ,3 1 3
1 8 5 ,9 7 ^
2 6 ,3 55
5 1 ,7 4 5
1 6 ,6 5 2
i 6 ,4 o i
6 2 ,7 5 2
1 3 ,4 7 9
5 ,5 0 8
1 0 ,1 1 7
5 , 13 s
1 3 ,2 1 7
4 2 4 ,2 5 7
U .S .certificates of indebtedness 83,125
536 , 43 0 95,507
ii4,s4s 72,313 62,544
213,453 50,775 32,463 45,811 33,581 7^,93^ 1,421,350
Total U .S. securities------ 125,216 1 , 0 6 9 ,1 7 3 16 7,^ 6 0
263,676 156,362 123,374
343 , 55^ 101,436 54,437 32,759 S3,^57 157,677 2 , 750 , 5S1
Loans secured by u.S.bonds,etc. 73,791
7 6 3 ,806 177,431
Il4,2i6 43,333 27,432
102,763 27 , 33 9 3 0,3 12 l6 ,oo6
7,389 2 4,3o4 1,415,388
J ll other loans and investments 830,391 *+,296 , 233 654,350 1,029,751 383,118 310,719 1 , 464,243 388,661 213,019 U6l,o4o 187,614 53o,3l5 10,761,460
Reserve balances with f .r . bank 68,698
627,747 63,844
30,164 34,340 29,151
169-575 3-8,645 22,381 33,522 13,668 53,478 1,257,213
cash in v a u l t -- --------23,730
122,856 18,011
32 , 2^0 17,46s 13,321
81,456 10,012
8,178 16,053
9,603 2 1 , 05s
373,986
736,367 321,523 250,687 1,271,684 302,702 233,814 413,100 181,726 455,273 10 ,572,019
Net demand d eposits------- 734,739 4 , 352,622 657,782
Time deposits-------- --- 108,017
273,100 20,776
235,722 80,335 116,447 . 437,033 37,078 55,814 72,787 30 , 2 2 8 13 6 , 2 2 5 1 , 729,562
G overnm ent d e p o s i t s -------—
s 4 ,0 i q
4 l 4 .4 l 2
7 1 .6 7 6
1 0 2 ,7 3 4
3 1 ,9 6 1
2 7 ,S 4 8
1 2 3 ,3 6 2
3 6 ,3 3 2
8 ,2 9 3
2.
' B a t a f o r b a n k s i n F e d e r a l R e s e r v e b a n k c i t i e s , F e d e r a l R e s e r v e b r a n c h c i t i e s , a n d o t h e r r e p o r t i n g ..b a n k s .
Ju n e
No. reporting b a n k s -U .S . b o n d s to s e c u r e
circulation__________ -
N ew Y o r k
13--- Jun e 6
Ju n e
C h ic ag o
13— Jun e 6
A l l p .R .b a n k c i t i e s F .R .b r a n c h c i t i e s
Jun e 1 3 — J u n e 6
Jun e 13-- Ju n e 6
2 1 ,6 o 6
1 0 ,8 8 2
1 2 ,3 5 7
i n g 1b a n t s ^ ° r
Ju n e 1 3 -- Jun e 6
Total
1 3 — Ju n e 6
Jun e
72
72
44
44
261
261
162
162
3^7
347
7 70
39,382
39,882
1,370
1,370
103,376
104,477
57,309
57,389
107 , 283
107,287
268,568
-
9 ^ 5 ,4 8 2
.
~
7 ?0
-
r
269,153
0t^
n t ^ t ^ b o u d s 1--!263 , 242
253,329
22,419 22,311
368,609
371,267
110,658
117,529
156,539
157,477
635,806
646 , 273
IT
n-tory n o t e * ____ ____ 160,479
165,022
3 3 ,5 7 7
32,520
263,165
272,601
88,43 8
95,420
7 2,654
70,5bS
424 , 257
* + 3 8 ,5 8 9
U S c-rt'of indebtedness
^90,808
542,930 111,161 128,347
887,83 2
366,344
304,920
309,880
229,138
238,238 1,421,950 1,514,462
Totai^u^s. securities —
953 , 9 H 1 , 007,223 16S , 527 1S5,i4s 1 , 623 , 5S2 1,714,689
561,325
580,218
565,674
573,570 2,750,581 2,868,477
roans secured,
U S
725,044
73^,755 76,327 ?4,950 1,129,305 1 , 152,069
135,268
133 , 277
150,815
135,235 1,415,388 1,420,581
bonds, e t c . -- ----All other loans and
•
,
, r
investments ------- 3,921,905 3,847,609 893,829 887,760 7 , 209,271 7,128,543 1,648,195 1,622,946 1 , 903, 99^ 1,904,892 10,761,460 10 , 656,381
R eserve b a la n c e s w i t h
,
F, r . b a n k ------596,043
631,725 115,657 113 ,957
936,83 9
979,093
153,438
161,383
166,936
163 , 293 1,257 , 213 1 , 3 0 3 , 7 6 9
cash in v a u l t ------l l l , 24i
112,290 33,820 4o,oil
210,331
2l4 ,s 47
71,033
60,986
91,956
93,o49
373,986
368,882
Net demand deposits-4,586,708 4 , 542,655 846,957 830,932 7,557,422 7,444,368 1,337,972 1 , 316,039 1 , 676,625 1,614,827 10,572,019 10,375,234
Time deposits— ---218,367 . 220,101 165 , 46s 164,762
700,905
701,365
519,888
519,039
508,769
506,759 1 , 729,562 1 , 727,163
Governm ent deposits --388,378
430,804 83,764 98,489 . 700,683
852,551
157,073
193,372
87,726
134,669
945,482 1,180,592
Ratio of U.S-war securities
and war paper to total loans
aifd investments, percent
29-3
. 30-5
21.4
22-5
26.6
27*6
27-3
28.1
23 -3 .
25 -0
26.1
26.9
C O N F I D E N T I A L
Not for publication
Re serv e
Bank
1
?
I
T
federal
EARNINGS, EXPENSES, ANNUAL HATE OF MET EARNINGS TO PAID-IN CAPITAL, ALSO FISCAL AGENT DEPARTMENT
DISBURSEMENTS AND AMOUNTS EEII.CBURSABLE FOE THE MONTH OF MAY, 1919*
St .**51
Total
* earnings
»
Excess of
C u r r e n t » earnings over
current
expenses'
1 expenses
I
1
Capital
paid-in
M ay 3 1 ,
1919
Dividend
1 Dividend
1requirements * and expense
1 ^ per cent 1 require
1
ments
' per month
t
-
*Annual rate*
of net
1
learnings o n 1
*
capi tal
1
* per cent
1
1
D isb u r se m en ts
of
F is c a l Agent
^Department
*jspiount reimbursable
'May 3 ; 1919 , account
»
Fi seal ’ A g ^ t
*
*
Department
disbursements
Bo ston
$. 6 1 9 , 8 3 9
$ 9 7 ,2 8 3
$ 5 2 2 ,5 5 6
$ 6 ,5 5 2 ,0 5 0
$ 3 4 ,2 6 0
$ 1 3 1 ,5 4 3
S9«S
$ 2 3 2 ,4 8 1
$ 2 6 1 ,7 1 3
New York
2 ,9 0 2 ,5 4 9
6 2 1 ,1 9 6
2 ,2 8 7 ,3 5 3
2 1 ,3 4 5 ,1 5 0
1 0 6 ,7 2 6
7 2 7 ,9 2 2
12 6 -1
1 ,0 9 5 ,0 1 7
2 , 4 3 2 ,0 6 2
phi lacb lphia
7 0 6 ,2 6 1
8 4 ,5 9 1
6 2 1 ,6 7 0
7 , 6 3 1, 800
3 8 ,1 5 9
1 2 2 ,7 5 0
95.9
2 3 3 ,7 9 2
6 5 9 ,4 9 0
Cleve land
5 9 0 ,5 7 0
90 , 25s
5 0 0 ,3 1 2
9 ,2 2 5 ,3 5 0
4 6 ,1 2 7
1 3 6 ,3 3 5
6 3 .8
4 1 4 ,2 8 9
6 5 6 ,0 0 9
Richmond
3 9 8 ,2 1 8
6 3 ,8 0 3
3 3 4 ,4 1 5
4 , 1 9 5 ,1 5 0
2 0 ,9 7 6
8 4 ,7 7 9
93-8
2 1 ,5 5 2
4 9 ,0 8 1
A tlanta
3 3 8 ,7 7 6
6 9 ,0 9 9
2 6 9 ,6 7 7
3 , 2 4 5 ,3 5 0
1 6 ,2 2 7
8 5 ,3 2 6
97-8
1 2 4 ,7 3 9
3 0 7 ,8 1 3
Chicago
9 3 4 ,0 3 7
2 3 7 ,6 3 3
6 9 6 ,4 o 4
1 1 ,4 4 0 ,8 0 0
5 7 ,2 0 4
2 9 4 ,8 3 7
7 1 .6
3 8 2 ,4 9 7
8 7 4 ,7 9 1
S t . Louis
2S8, 5 6 4
6 8 ,5 9 8
2 1 9 ,9 6 6
3 ,8 6 5 ,2 5 0
1 9 ,3 2 6
8 7 ,9 2 4
6 7 .0
1 9 0 ,8 1 1
3 0 8 ,2 0 4
M inneapolis
2 4 0 ,4 2 8
3 3 ,7 0 8
2 0 6 ,7 2 0
3 ,0 0 2 ,5 5 0
1 5 ,0 1 3
4 8 ,7 2 1
8 1 .0
9 1 ,5 3 0
1 6 9 ,2 5 6
Kansas City
4oo,io4
7 4 ,9 5 7
3 2 5 ,1 4 7
3 ,7 8 4 ,8 0 0
1 8 ,9 2 4
9 3 ,8 8 1
101.1
1 1 6 ,8 0 0
3 7 0 ,6 3 6
D allas
234,943
6 5 ,4 5 6
1 6 9 ,4 8 7
3 ,2 3 5 ,4 0 0
1 $ ,1 7 7
8 1 ,6 3 3
6 1-7
9 6 ,2 1 3
5 2 3 ,5 9 9
San Francisco
5 6 6 ,6 3 0
7 8 ,4 9 4
4 8 8 ,1 3 6
4 , 7 6 9 ,5 5 0
2 3 ,8 4 7
1 0 2 ,3 4 1
12 0 -5
1 5 5 ,6 5 4
8 2 0 ,6 2 6
TOTAL MAY, 1919 g, 2 2 6 , 919
1 , 5 8 5 ,0 7 6
6 , 6 4 i , s 43
8 2 ,5 9 3 ,2 0 0
4 1 2 ,9 6 6
1 ,9 9 8 ,0 4 2
94.7
3 , 1 5 5 ,3 7 5
7 ,4 3 3 ,2 8 5
TOTAL MAY 19184,7X2,454
6 5 7 ,3 9 0
4,055,064
7 5 ,4 6 5 ,0 0 0
377,325
1 ,0 3 4 ,7 1 5
64-5
1 , 6 9 2 ,4 9 2
4 ,8 2 1 ,5 0 6
JEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
JUNE 23, 1919
•
Earn
in g s
$ 4,439 $12, 9S7
Buffalo (b]
Cincinnati
Pittsburgh
Baltimore
New Orleans
6 ,1 5 6
Loui svi lie
Denver
7 ,846
10 ,5 9 1
7 ,13 4
5,696
2,1^5
2 , i4g
2 ,9 3 2
4 , 129
9.12
7-15
6.03
2.83
52,217
5,345
5,076
7,628
3.43
5.15
2^,933
3,759
5,349
3,217
4,167
6,961
4.352
3,169
3,482
3,803
6,003
6 ,4 2 5
2,133
4 ,7 1 6
6 ,2 7 4
9,507
2 ,2 iq
4.34
5.49
3.18
E l p aso
Seattle
P o rtlan d
Spok ane
S a l t Lak e
T o ta l
. 4l, 132
20, 261
20.S 00
69,201
On a h a
’ i.
D .34
6 .3 5 1
Jacksonville
M e m p h is'
L it t l e pock
12.83
9 ,3 9 1
13, 594
Birm ingh am
D e tro it
OPERATIONS OF BRANCHES OF FEDERAL RESERVE BANKS FOR THE MONTH OF MAY, 1919------- -------*------ ~~-------- — — ■
—--------OPERATIItfff
:Dae to Head
TExSL’S
C U R R E N C Y
a v e r a g e ' ijum^ b aiid am ount
Office
DAILY (a:
O Z H E I t o 1IA13LE
(Average of
par-vcsnt
r.per «&at.
Salof total
Friday
:of total
arie s
Total for all Humber ;for a l l
night
R ece iv ed :
sh ipp ed
Amount
figures)
branahe s
: : branches
34,566
20, 197
17,975
42,227
101 ,481
549,324
Savannah
5,090
6,269
5.-633
9,437
6.42
5-55
3 .44
4.23
3 . 20
6.37
24, 94 9 14 2 , 091100 .
40,8
573
(a) psriod. April 16 to May 15, 1919-(t>) opened, for business May 15, 1919’
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
JUNE 23, 1919
4 .2 4
$24,370
30,127
20,679
8,605
7,16 1
5 .5 4 2
6 , 15b
7.296
4,996
5,165
11,762
8,022
7*724
7,535
5-622
6,342
14,322
182,092
S t .450
Other
Volum e o f
;:
paper
d e p O S l. t-B ;
'V-gso?*
(average
-
Average
daily
b il l
of Friday
holdings
night
figu res) :
d isc o u n te d
and
bought
$ 5 ,5 4 3 ,7 5 1 $ 2,035,000
13.32 $7,075,360 7,796,325 3,2 19 ,6 10
16 . 54 -■
13 , 201,325 15 , 056,019 10, 636,065
$22 ,9 35 ,9 3 5
$ 9 3 , 5 6 ^ 114
11.3 6
9 ,551,764 8, 315,522 4,469,202
$
27
,
276,299
53 , 068,032
20,553,532
4.73
3,535,237 6 , 203,900 3 ,1 3 2, 774$15,911,400
2,033,149 2,221,920 1,497,250
.3,93
3-c4
1,389,016
2,468,798 2,300,100
53 , 088,172
3 , 473,000 10,629,847 13 , 950,000 33,992,264
1 6 , 4 2 3 ,5 4 3
3-32
4.34
14 ,466 ,663
7,126,953 40 ,511,527
2 ,904,367 4 , 476,125 1 , 638,500
196,967
11 , 062,530 26,779,690
2 .7 4
6.729,799
1.342.577 2,596,63 7 2,573,100 11,929,917
5 , 454,994
2 .3 4
1,10 1,14 3 1,024,424
327,600 5,222,273
9,572,534
4,940,567
15,497,212
6.46
1 , 927,654 1, 943,621
231,000
4 , 4 9 9 ,6 3 7
3 , 262,007
20, 675,821
4 .4 i
2 ,093,804
1 , 230,150 1 , 745,250 2,532,597
17,902,572 37,870,78b
5 , 636,455
8,724,414 14,596,764
4 .2 4
1 , 268,736
842,932 1 , 255,225 7,009,544
4 .1 4
3 , 158,200 2 , 801,069 1 , 591,500
4.991.239
17 , 096,373
20,337,000
7 , 160,495
3 .1 1
16 , 149,190
2, 223,365
1,532,263 1 , 210,100
4.367.239
3 .4 9
18,293,580
1 .115 .5 7 7
635,233
3 29,700 8,555,549
10,352,918
6 , 779,299
3 , 662,6281,258,460
3 95,000 22,183,323
7*27
13 , 500,967
25,412,233 49, 677/202
.ico
61 , 116 , 9 6 2 7 7 , 236,996 53 , 132, 176107 , 545, 8 34165 , 011,879
939,000
740,000
143,030,141 429,024,539
C O N F I D E N T I A L
Not for publication
GOLD RECEIPTS AND DISBURSEMENTS OF EACH FEDERAL RESERVE BANK DURING
WEEK ENDING JUNE 6 , 1919*
St. 4-53
(Figures do not include gold received frcm or p a id to another Federal Reserve B an k.)
_____________ __ ______________________________________________(In thousands of do llars; i « e » , 000 emitted*)_________________________________________________________
1
_________ R E C E I P T S
»_____________ In exchange for 1L R^ notes
_______
1 prcrn u* S. 1 From
* Other banks
T'
* G o v e r n m e n t < members i n d i v i d u a l s ,e t c 1 Total
Boston
New York
phi ladelphia
Cleve land
Richnond
Atlanta
Chicago
St- Louis
Minneapolis
Kansas City
Dallas
San Francisco
__tal_£or_ system
—
2
-
951
___ 353
^9
217
86
46
134
20
16
47
36
.82
5
168
35
13
-
5
l
>+
1+
6
15
9
-
2
8
-
1
223
4o4
965
4
10
________________________________________________________
1_________ Credits to deposit accounts_________ 1
fU*S-Government 1
Member
1
1
f-General Account 1
banks______ *
Total
*
~
—
461
46l
10,211
10,000
211
195
195
•
28
28
—
57
57
—
563
563
96
96
23
9
1
1
225
14
-
10^015
. i * i n _____
1
D I S B U R S E M E N T
1
1
Debits
in exchange for F~ R. notes
!
f Other banks
1
To
• To U- S- 1
U. S~
1 Goverment 1 members *indivi duals, e tc ** Total « Government
Bo ston
237
237
1,764
2 , 02S
New York
3,792
1,299
phi lade Iphia
*
1,299
i
,
4
n
1,4 11
Cleveland
—.
854
85k
Richnond
—
1 , 16s
1,168
Atlanta
732
732
Chicago
—
22
•
22
St. Louis
—
ss
88
Minneapolis
—
12S
128
Kansas City
—
101
6
D allas
95
—
San Francisco
47
47
6
2*028
j o t a l f o r System ..Z * s45_ .
.9.829_____
—
Excess receipts
398
10,015
1,674
g f 16 S
6,892
Exce s s ..payment s
___ 254__.
FEDERAL RESERVE BOARD, DIVISION OF REPORTS AND STATISTICS, JUNE 24, 1919 .
60
60
37
38
35
21
98
1,827
•
Total
1
1
15
-
15
—
if
-
7
9
-
5
-
1,740
-
S~
27
12,201
1
-
_
1
1
1
Total
Receipts
244
12,796
10,247
278
33
1,022
—
666
99
106
108
25
47
36
328
5
12*258— .____ 25.311-_______
- ?8
11*842
S
to deposit accoua ts
?
Member
1
T
•
banks
50
_ 87 _
other
1
'
’
All
other
N. S.
30
I 85
1
'
To tal
1 Disbursements
238
3 ,8 22
1,499
185
1,596
—
1,177
590
1,322
833
-
855
93
138
7
•9
5
—
50
87
ixgg4
11,755
10,474
10
50
1
-
861
151
98
i i i 85 0
14,061
-
C O N F I D E N T I A L
-*+56
St
Not for publication
PERCENTAGES OF GOLD AND LAWFUL MONEY RESERVES AGAINST NET DEPOSITS,
PERCENTAGES OF GOLD RESERVES AGAINST FEDERAL RESERVE NOTES IN ACTUAL CIRCULATION AND OF
TOTAL RESERVES AGAINST COMBINED REDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES
OF ALL FEDERAL RESERVE BANKS.
Jans 20, 1919
Ratio of gold and
lawful money reserve
to net deposits
June 13-- Juno 20
Ratio of gold reserves
to
notes in
actual circ ula tio n
June 13-- June 20
Ratio of total reserves to
net deposit and F. R. note
liabilities combined
June l'3)—— Jime PO
Ratio of gold reserves to F.R. notes in
actual circulation after setting aside
35$ against net deposit liabilities
Tirnp 1^-— TnnA PO
Boston
4/ «6
49.4
4o*s
4o-S
43.5
44.2
48-9
50.0
New York
62.3
65*3
42.0
43.2
52.4
54-5
70.6
75a
Philadelphia
4o.6
42.5
40.8
4o.7
4o,7
4 l .4
44.4
45*3
Cleveland
58.6
56.8
58.9
5 7 .0
58.8
56.9
75.3
70 .S
Richmond
51,7
56.5
37-7
37*0
42-2
44.5
45.5
50.4
Atlanta
46.5
44.6
45*9
4 1.8
4 6 .1
42-5
50.8
45.3
Chicago
55-2
4 2.4
68.9
69-3
6 4.1
59-7
79*8
73*4
St. Louis
*+9-3
49‘ 9
6 0 .1
5 8 .5 '
55-9
55-3
69.5
67-5
Minneapolis
60.6
56.8
54,9
55a
57-2
5 5 -S
7 1.6
69*5
Kansas City
60.5
44.6
43.3
43.9
50.0
44.2
59 «7
50 .1
D allas
U 1 .2
45.7
41.4
40-2
41.3
42-5
4 6 .4
47.7
San Francisco
46.3
44.2
57-S
59*1
54.8
62.8
62.8
5 6 .1
55*5
50-2
50-3
52.5
65.4
64.9
TOTAL
DIVIDION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
JUNE 24, 1919
54.3
52.7
C O N F I D E N T I A L
No for publication
»
Boston
St-457a
(In thousands of dollars.)
UNCOLLECTED ITEMS
I
1
Chocks ‘National Bank*
t
f
I
1
notes and '
and
' clearing1 other •bank notes of 1Transfers J All othar *
other
* bought ♦uncollected1
* house ’ cash
1
items
1
f*£xcl3ange s ' itaais
F. R. Banks '
I
Bank
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS.
1
1
J
U30
33
18,578
67,303
-
T
Total
86,344
I
1
June 20, I 9 I 9
1
DEFERRED AVAILABILITY ITEMS
»
-1
1
?
t
!
1
1
'
Gold
' Transfers 1Govermient1 Other
* Settlement *
sold
* transit 1 transi t
'
Suspense r
*
items 1 items
t
I
,
.
Total
17,281
-
-
33,265
50,546
73,13*
-
-
80,451
153,535
31,649
-
18,442
^7,072
97,163
17,184
T
12,618
35,296
65,098
21,765
-
11,5 12
34,046
67,323
4,444
-
s4s
18,883
24,175
1
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
26,309
9,223
7,317
4,069
5,750
-
-
152,869
196,036
-
69 , 8^0
31,726
295
15
U91
2,753
212
3,262.
g, 242
7,635
96
2U2
27 4
-
72,488
64,089
-
1,387
32,009
96,779
79,025
67,429
35,731
107,182
.
'
f1
1
}
t
*
»
f
1
•
1
t
•
'
t
1
«
*
30,218
700
20,507
33,650
90,075
'
|
14,545
250
339
21,485
36,619
2, l4s
7,396
14,513
-
32,032
4 1,9 5 1
-
10,553
18,436
|
St. Louis
Minneapolis
1,609
2,087
‘
29
350
1
33
615
43,419
46,022
»
f
645
. 11,699
14,465
•
4,969
-
9,919
-
1
Kansas City
1,171
701
1+15
10,166
*+9,921
62,374
•
1
Dallas
San Francisco
TOTAL
1 , 228
533
2.752
40
81,553
15 , 3^7
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE 'BOARD
JUNE 2 $, 1919
443
2 35
10,636
3,618
25,567
3 1,339
..... A 6 I9 -
3 0 ,229
37 , 935
21,905
716,212
845,658
1
•
«
1
1
•
1
I
•
»
7 , 34s
35
9,951
1
222
12,439
22,613
242,907
386
66,636
371,568
682,097
GOLD RECEIPTS AND DISBURSEMENTS OF EACH FEDERAL RESERVE BANK DURING WEEK ENDING JUNE 13
C O N F I D E N T I A L
Hot for publicatio n
(F ig u re s
do n o t i n c l u d e
1
*
i n e x c h a n g e f o r F- R . n o t e s
* O ther banks
S* 1 prom
» prom u*
! G overnm ent
Bo sto n
How Y ork
p h i lad e l p h i a
-
C lev o lan d
R ich m o n d
-
1,762
A tlanta
C h ic a g o
* m em bers
u
514.
is
2
-
-
20
K an sas C ity
D allas
-
San F r a n c i s c o
-
S t*
Lo uis
M in n e a p o lis
R E C E I P T S
C r e d i t s to d e p o s i t a c c o u n t s
I
Member
*U , S . Governm ent *
*
6
6
62
Total
2U9
30
IS
85
22
65
115
7
-
7
1,720
—
7
2
9
2
-
3
-
23
6
-
-
4s
54
-
*G en e ra l A c c o u n t »
-
«
1
?
notes
I n e x c h a n g e for
*
Other banks
»
TO
To u. S.
G o v e r m e n t ; * m em bers i n d i v i d u a l s , e t c .
p h i la d e l p h i a
C leveland
R ichno nd
A tlan ta
C h ic a g o
S t . Lo uis
M in n e a p o lis
K a n sa s C ity
D allas
S an F r a n c i s c o
T o t a l f o r System
E x c e s s p ay m en ts
Total
20
29S
20
298
314
314
192
192
U5
1+9
-
45
250
937
888
933
537
2,131
438
22
93
123
81
90
6,573
-
4,811
-
-
11,187
2
11,189
-
io,S37
.
.1
M
W
f
Total
D eb its
1
U* S.
f
B o v er am e n t
22
93
123
62
135
17,806
53
-
52
1 5 ,4 5 0
I 919.
1
N- S*
~
7 ,2 8 9
-
233
—
-
269
7,672
336
544
52
1 ,8 2 9
6l4
101
114
83
46
128
S3
46
128
Member
banks
33
5
«»
Total
-
5
-
12
12
-
~
-
-
-
-
-
-
22
m
50
1,745
-
. . .
215
33
, 1^ 912_
1
89
1+6
-
33
-
—
R e c e ip ts
—
44
•
53
?
kk
*
-
933
• 537
2,131
43 s
Total
A H
other
99
47
d e p o s it a c c o u n t s
1
»
S t . *+59
47
-
250
12 ,174
888
198
—
to
-
Ik
,_1___________ 1*3A1_____
f
'
1919
591
591
98
1
-
FEDERAL RESERVE BOARD, DIVISION OF REPORTS AND STATISTICS, JUNE . 26,
1
11
11
D I S B U R S E M E N T S
Boston
New York
E xcess re ce ip ts
•
banks
—
_____ 252_____________242____
,
or p a i d to a n o t h e r F e d e r a l R e se rv e B a n k . )
*
'i n d i v i d u a l s , e t c '
1 S7
55
g o l d r e c e i v e d from
J
^612
__________________
,
,
J
f
other
t
*
*
N. S.
1 D is b u r s e m e n t s
AH
-
16
168
250
300
To t a l
283
12,190
1,061
129
1,183
849
2,175
567
639
661
100
20
193
1^3
113
393
1 9 ,2 H
—
22
103
219
1,786
1,693
5,827
-
11 281
9
155
-
—
7,930
RATIO OF "FLOAT” OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE EEPOSITS.
*
. C O N F I D E N T I A L
Not for p u b lic a tio n
(in thousands of d o lla r s .)
!
1
Federal
R e serve
Bank
"FLOAT"
'
1
1 referred.
1
1U n co 1 le c te d 1a v a l l a b i 11 t y 1 Amount
1 ita n s
1 it e m s
1
i
1
1
T
Bo sto n
1
'
5 0 , 51+6
06, 3^
* ''F l o a t " a f t e r
3 5 ,7 3 2
2 l+,6
1+2 , 1+51
p h i lade l p h i a
81 , 7 £o
97,163
(a) 15,437
C leve l a n d
73,025
65,09s
13,927
Ri chuond
67,^25
67,323
At lanta
35,731
24,175
11,556
21-5
50,075
i ? , 107
Ub,022
36,619
9,403
M in n e ap o lis
l k ,k 6 5
Il+,513
K a n s a s C it y
62 , 37 ^
1+1,051
20,1+23
D allas
3 l , 3 S3
is , 1+36
San F r a n c is c o
37,935
si+5,658
St.
Lo uis
TOTAL
107,
IS 2
.
d e b it*
"F lo a t" a fte r
-1-
jlOO
-
(b )
9.1+
-2
(b )
1
per cent.
2 9 ,7 0 1
2 0 . 1+
51 , 1+12
6.3
^3,777
5-3
11,99c
-
11,330
-
8,02s
5A
2,S0U
-
(b )
7,256
(b)
2,900
-
6 , b 53
16 .1
0,1+11
15.6
6.9
13,910
5-6
12.U1+3
5.0
13.2
8,631
12.2
7,976
11*2
-
2,606
1+.S
1,32s
3-5
25*0
2 0 ,0 7 8
21+.6
5,^97
1 1 .6
12,953
2 0 .5
15 ,6 9 0
3 ^ 5
1 1 ,5 6 4
25.6
22,613
15,322
16 .2
19,150 '
20.2
ii+, 237
15.0
632,097
163,561
S.1+
132 ,006
6.8
(a )
US
163,561
8 . 1+
(a) Excess of deferred a v a ila b ilit y items over uncollected items*
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
JUNE 26, I 919
deducting N a t io n a l a n d F . R .
B ank n o te s , also n e t in v e stm en t i n
t r a n s f e r s from s e c o n d c a l c u l a t i o n
1
R a t i o to im m e d ia t e l y
a v a ila b le d e p o sits
Am ount
'
2 0 .7
3 0 ,1 3 1
5-2
153,525
C h ic a g o
a d d in g n et
1 R a t i o to
1 or d e d u c t i n g n e t c r e d i t i n
'
1im m ediate 1 ;r'
Saturday *s settlem tnt.
1
' a v a ila b le 1
' R a t i o to .im m ediately 1
' d e p o s i t s . 1 jsnount '
a v a il a b l e d e p o sits
'
!
1 Per cent. 1
1
p er cent
196,036
New Y o rk
St-^57
•’3t d3blt'
F E D E R A L
R E S E R V E
B
GOLD SETTLEMENT FUND
Summary of transactions for week ending June 26,1919,
(In thousands of dollars
Aggregate
Aggregate
icleral
Balance
Gold
wi thdrawals
deposits and
T R A N
Reserve
last
with
Gold
and transfers
transfers from
Baik of
statement
drawal s deposits to Agent1 s fund Agent*s fund.
June 19,1919
Debit
Boston
50, 0£ft
ZLji.
1,037
1,000
50.000
1,037
New Yoik
232,086
10,000
.1 ,5 -'-2
Phil adelphi a
>42,934
129
*129
9,994
48,493
Cleveland
1,179
56,130
1;1?9
Richmond
33,103
326
5
326
5
63 , Ou0
Atlan ta
6,315
363
2,489
363
2
,
459
Chicago
, 80.794
14,188
10,400
14,158
50.000
St.Louis
23^621
2*279
453
2,279
453
13.000
Minneapolis
18,587
5,289
5,289
25.000
Kansas City
■29,77^
703
4,000
10
}
Dallas
4,376
44
1(4
251
751
13,086
SanFranci sco
19,418
5 .5 0 0
2.280
__5^50Q_
-3-$-52-0Total
589 1 5656,572
2 8 ,4 7 2
29,3^3
285,722
31,195
Federal
Reserve
Agent at
Boston
New York
philadelph ia
Cleveland
Richmond
Atlanta
Chicago
St.Louis
Minneapolis
Kansas City
Dallas
SaiklFrancisco
l^tal
: Balance
: last
: statement
; 47,000
1 90,000
: 62,889
: 100,000
: 32,000
: 37,000
:249,944
: 52,431
t 22,800
: 23,360
; 1,684
:103»544
^ 22,652
O A R D
X-1595
CONFIDENTIAL
S F E R S
: Settlements from June 20 to
:June 26, 1919, both inclusive:
Credit
2,643
87.000
45.000
10.000
45.000
2,000
10,000
2,000
—
7.000
2.000
2,000
10,400
500
% Q Q Q
1,250
20,500
1,250
f
500 r
1
21,900
7.000
2.000
2,000
500
6 . 2 R0
21,750
10,400
—
21,900
/
67 , 6uu
99,433
422*536
161,008
98,839
124,497
34.790
155,297
28,079
92,966
2,446
2 8 .0 0 0
5 , 0u0
1 5 , 0uu
63.186
^ ija o a .
225,722
25,983
33=578
_k7^80_
105,632
100,000
62,889
100,000
30.000
37,000
253,344
50,431
500
Total
Debits
27,843
F E D E R A L
•J i
.M V
2LJ*. <n I
: Gold
awal s :;Deposits
Total
Total
Balance at
:wi fchGold
for trans through
with
deposits close of
rdrawals deposits fers to
transfers drawal s
businosG
bank
from bank
June 26, 1919.
2 , 0u0
1,000
2,000
1,000
46.000
10,000
Net
Debits
1,359*793
Balance
.
i n
Bet
Tutiil
Credits
--
:239,974
5,073:
5,552:
29 , 586:
6 ,9 9 7 :
20,497
13,993
92,247
21,444
24,430
4 , 860s 36,337
4 ,9 2 3 ; 10,506
— ==-S105 , 632 : 592,286
17,888
7,163
•
5,552
7,665
4,003
554
23,360
5,660
6,837
12 2R7
--- ----------
63,776
d
50,226
1 7 , 015 : 20,557
17,731
1,684
9 7 , 2<a4
n
close
* g e l 8S“
Surnrrary of changes in ownership
of gold by banks through. transfers
and settlements.
Decrease
Increase
2 9 ,H 5
12,927
f u
29 , 626 : 32,370
129,059
354,936
133,165
115,854
129,570
40,342
184,883
101,963
23,537
68,046
38,501
-3-9^9371,359,793
20,800
822,802
%
63,776
C O N F I D E N T I A L
Not for publication
BOSTON
D eliv- *
ered o r' Reed,
shipped' from
to
*
'
NEW YORK
'D e liv - '
'e red o r' Reed.
• shipped' from
' to
'
* PHILADELPHIA
'D e liv - '
»ered o r ' Reed.
>shipped* fro a
' to
»
' CLEVELAND
' D<3liv - '
'sre d o r' Racd.
'shipped' from
• to
»
1
Banks in Federal Reserve cities
Banks in Federal Reserve branch
cities ................................... ..
Banks outside Federal Reserve
and Reserve branch cities . . .
6,590
5,284
5,260
9,467
19,254
r
11,280
23, 828
ST. LOUIS
ered or Reed.
shipped frcm
to
2 , 077 * 3 , s 4 i
4,232'
12,115* 39,460
6 , 853' 17,324
7,656
7 ,H 9
MINNEAPOLIS
Be liv- 1
ered or* Reed,
shipped* from
to 1
2 7 ,1 9 2 '
4 o ,682
2,958'
19,314' 32,194
8,163
6,879
13,371
1,248'
KANSASi CITY
Deliv- '
ered or' Reed.
shipped’ from
to *
DALLAS
Doliv- *
ered or« Reed.
shipped' from
to '
3 ,H 3
7,653
1,738
1,094'
1 , 8021
5.205
1 , 636» 3.205
9, 267 * 15,117
SAN FRANCISCO
Deliv- '
ered or' Reed.
shipped* from
to '
858'
1,047
12.065
22,762
FEDERAL RESERVE BOARD
DIVISION OF'REPORTS AND STATISTICS
June 27, 19!9
6,074
1 0 ,7 5 7 '
768 »
665
2 , 861 '
2 0 ,0 8 2
3,549
2,750*
2,587
2, 342 * 6,899
13,937* 24,959
6,188* 10,997
25 , 078' 46,620
2,955*
3,263
4,5811
4,975
19 , 297 * 34,387
5 , 362 '
9 , 129 *
10,630
1 1 , 73 6 '
13,062
38,658'
184,848
'
56,343;
235, 376 :
TOTAL FOR MONTH TOTAL SINCE JAN. 1
1919
Deliv- *
ered or' Reed, Deliver® d'Received
shipped* from
shipped ' from
to '
to
'
t
5,780
32 , 651 ’
t
r
5,873* 10,197 190,377*217,693
!
1
47.065 110,039
3 , i 4o»
17,793*
1
1
1
t
967
6 , 587 > 10 , 45s
!
3,350
' .
CHICAGO
'IP l i v '
'ered or ' Reed,
'shipped ' frap
*
to
'
f
124, 309' 188,036 109, 245 . 154,781 45, 152 ' 82,371 43, 46o » 88,191
1
4,219
3,550
t
1
Banks in Federal Reserve cities
Banks in Federal Reserve branch
cities ......... .. ....................... • .
Banks outside Federal Reserve
and Reserve branch c i t i e s __
1,030'
f
1
t
'
ATLANTA
»Di l iv - »
'ered o r ' Reed.
' shipped* from
' to
'
»
1
!
B G -U V -
Total . . . . . . . . . . . . . . . . . . . . . . .
Total since January 1, 1919 ..
2,728
T
Total ..............................................................
17,670* 47,093 137,03 6 '137,294
Total since January 1, 1919
115,736'193,813 585,952>617 ,517
1
20,339' 23,3 58
?
1 ,7 6 1 *
'
RICHMOND
'D e liv - '
'ered o r' Reed,
'shipped' from
' to
'
f
23,265 123 , 160 ' 92,574
1
S t . 46 2
CURRENCY RECEIVED FROM AND DELIVERED OR SHIPPED TO MEMBER AND NOI^MHffiER BANKS DURING THE
MONTH OF MAY, 1919*
(in thousands of dollars; i .e ., OOO omitted.)
4o,66o» 7 1 , 06s
1
.1
878,240*1,021,136
I
193,555 *
307,335
1
300,612* 541,335
2 , 3 H 68 ,329 *123,965
?
1
1
f
14 , 096* 18, 288 299, 366 *412,726
f
58, 328 ' 93,716
1 , 372,407 *1 , 869,806
St. U53
S T A T E W j: IDF; THE PRESS
Released for publication
Sunday morning, June 2 9 , 19191
Noo e a r lie r .
Federal Reserve Board
June
23 , 1919*
FEDERAL RESERVE BANK STATEMENT*
Continued withdrawals of Government deposits and liq uidatio n of war paper, as
against substantial gains in ocher discounts and acceptances on hand, are indicated
by the Federal Reserve Board's weekly bank statement issued as at close of business
on June 2 7 , 19^9*
Gold reserves show a decline of 17*9 bullions for the week and
of about 5^ millions since June 6, the Friday preceding the date of removal of the
gold embargo*
Federal Reserve notes in circulation resumed their upward course,
the increase for the week being 10*9 m illions.
As against a decrease of
millions in the holdings of war paper the state
ment shows increases of about 29 m illions in other discounts and of 23 *S millions
in acceptances on hand*
Considerable purchases of acceptances from member banks
are reported by the New York bank both for its own account and the accotint of other
Reserve banks*
An increase of 2*2 millions in Treasury ce rtific ate s is accompanied
by an increase of 3 *^ m illions in the banks1 aggregate l i a b i l i t i e s on Federal Re
serve bank notes in circulation*
Total earning assets show an increase for the week
of 1 2 .6 millions*
Net withdrawals of Government funds for the week totaled £7*9 m illions*
Member banks1 reserve deposits show a gain of 64 *4 m illions,
carried by the Reserve banks declined lb »5 m illio n s.
-while the "f l o a t ,T
Other deposits,including
foreign government credits, likew ise show a considerable decrease for the week, the
result of these changes being a decrease in net deposits o ' 2 0 *6 m illions*
banks* reserve ratio shows a decline for the week from 52<5
5^*1 psr cent-
The
Released for p u b lic a tio n Sunday morning Juno 23,
1919> not earlier
st*463a
STA® 32!T CF’ COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JUNE 2 7 , 19 19RE
S O U R
CL
S
r;
G old c o in an d c e r t i f i c a t e s
C.sld s e t t le m e n t F ^ d - F.>R>Board
te n d e r n o t e s ,
silv er,
June 20,
'
etc.
2 ,122,5 ;o ,
$
5S I ’ 235 *000
1 ,1 2 7 t2 lS ,C 0 0
957*,570*000
124 j-595 ,000
••**»
3 3 , f)Lu+ - 000_
•_
2 , 1 6 5 , 725,000
1 , 9 % ,021^000
6^ ,7 5 4 ,0 0 0
5 7 ,1 7 5 ,2 0 0
2 ,2 3 4 ,4 5 9 ,0 0 0
2 'jOO'p] J’^ T J K 'O ’'
,
-opz 000
4 3 4 ,5 0 0 ,0 0 0
’
—
.^ V m
2 1 5 ,5 1 2 ,0 0 0
4li37)14 ,V000
,000
2 7 4 ,7 3 6 ,0 0 0
'
_______ 2 1 6 ,545 ,0
;000
2 7 ,130,000
27,131,000
4 0 , 227,000
3 3 5 .0 0 0
d 0 4 ,1 0 ! ,0 0 0
..
3 3 3 ,0 0 0
^ ~~~
2 0 1 ,5 3 3 ,0 0 0
* 21o ,^ 3 ^ ,L ''■
*>
^
___•2 ^ ,000
___________________
2 ,3 4 1 ,5 2 3 ,0 0 0
A l l other e a r n in g a s s e t s
T o ta l e a rn in g a s s e t s
^ ,3 y14,1-7 ,0 0 0
B a n k p r e m is e s
l l ,0 o 6 ,0 0 0
U n c o l l e c t e d it e m s a n d o t h e r d e d u c t i o n s f r a n g r o s s d e p o s i t s
1 ,3 4 5 ,1 1 2 ,0 0 0
____
o 5 o , ^ j 3 , 0 uC
5 4 < ? ,1 5 7 ,0 0 0
5 fo R e d e m p tio n f u n d a g a i n s t f» R . b a n k n o t e s
A ll
Juno 2-■,
4 1 9 ', 9 0 7 ,0 0 0
^91 ’425 *000
16,275,000
927,667 ,006
5 1 3 ,9 1 4 ,0 0 0
1 ,1 1 3 ,5 2 4 ,0 0 0
1 22, /7S ,00-Q A
, ______________ , „
$2 ,1 4 7 , 7 3 4 ,000.
^65 ,4 7 2 ,000
^
2 ,2 1 6 , 2 50 ,000
. 573 ,*+^3 >000
non
^ 4 , 557,000
_ 5Q4..?55°.iPQ2
^ ^
^ ^
2 , 1 1 2 , 176,000 1 , 0 oo ,0^3
U % S.v 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 o f i n d e b t e d n e s s
191Q
$ 3 * 2 , 6 7 6 ,0 0 0
5 1 1 , l o l ,000
Total reserves
.
.
A ( s e c u r e d by G o v » t .w a r o b l i g a t i o n s
B i l l s d isc o u n te d ^
J
0
(All e t h e r
B i l l s bought i n open m arket
T o t a l b i l l s on h a n d
U- S. Governm ent b o n d s
l~'lc
5S / >046,000
C-old w ith foreign, agenc
Total, gold held by b a n k s
Gold w i t h F3de.-al R e s e r v e A g e n t s
Gold Redemption Fcoad
Total sold r e s e r v e s
Legal
27
1 3 1 ^ 1 3 > ,0 0 0
9 ,0 5 3 ,0 0 0
0 flier r e s c r x c s s
'1
•
lC >:-
TOTAL RESOUR CES
''
1 1 , 1 9 2 ,0 0 0
5 ,2 5 6 ,0 0 5 ,0 0 0
5 ,*+55 >*+50,000
5 2 0 , 0 5 7 ,0 0 0
’ 7 3 5 ,0 0 0
____________________
3 ,5 7 2 ,1 3 3 ,0 0 0
L I A B I L I T I E S
C a p it a l p a id - in
S u r p lu s
5 2 ,7 6 4 ,0 0 0
Governm ent d e p o s i t s
Due to m em bers - R e s e r v e a c c o u n t
p eferred a v a ila b ilit y
Other d e p o sits,
5 2 ,7 5 6 ,0 0 0
4 ^ ,4 0 0 ,0 0 0
r
7 3 >bl 4 ,0 0 0
1 > 7 1 3 ,0 3 °,0 0 0
it e m s
___ >'°93 >00Q
Total gross deposits
All other liabilities
'
-
R atio of
t o t a l r e s e r v e s to n e t
6 5 2 ,0 3 7 ,0 0 0
2 5 6 , 3 0 2 ,0 0 0
1 2 7 ,2 6 4 ,0 0 0
1 2 1 ,4 5 2 .0 0 0
o k r r ’^ ' r m
1
1 K - ^ ’nnn
!^ ° ' nnn
35%
2,619,456,000
2,455,253,000
173,775,000
t*+1,71*+ ,000
5 .4 5 5 .*+5° .0 0 0
2,049,906,000
1 , 722 ,216,000
10,390,000
12,629,000
3 , 5 7 2 , 1 3 3 ,0 0 0
d e p o s i t an d F-R- n o t e
l i a b i l i t i e s c o m b in e d
R a t i o o f g o l d r e s e r v e s , to F J R . n o t e s i n c i r c u l a t i o n
a f t e r settin g a s id e
1 ,6 4 5 ,6 3 0 ,0 0 0
■0 0 3 ■0 0 0
TOTAL LIA B ILITIES
1 ,1 3 4 ,0 0 0
S 4 ’, 5 3 5 ] C 0 0
1 ,5 5 7 ,5 5 7 )0 0 0
^
F . R. notes in actual circulation
F . R . banknotes in circulation - net liability
4o , 4 6 6 , 0 0 0
1 6 1 ,4 9 5 ,0 0 0
5 3 * + ,^ 2 0 ^ 0 0
i n c l u d i n g f o r e i g n governm ent .c r e d i t s
7 5 ,5 5 5 ,0 0 0
a g a in st net
d e p o s it
lia b ilitie s
Aij'o
52-5
6 1.7
, .
+ I n c iu d .3 s 0ne-year t r e a s u r y notes-
^
° ,+ ^ %
eg l e a s e d f o r p u b l i c a t i o n
Sun day m o r n in g Ju n e 2 9 , I 9 1 9 ; n o t e a r l i e r . .
s t ,4 6 3 b
WEEKLY STATEMENT OF RESOURCES AND LIA BILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JUNE 27, I 9 I 9 .
R E S O U R C E S
(in
G o ld c o i n a n d c e r t i f i c a t e s ---
New Y o rk
3 ,6 2 b
2 1 0 ,3 2 2
419
2 5 5 ,5 2 0
4 2 ,6 6 2
G o l d s e t t le m e n t F u n d - F . R . B o a r d _ 3 3 , 5.36
T o t a l g o l d h e l d by b a n k s -----
t h o u s a n d s of
B o sto n
3 7 , 1&2
p h ila .
cliv al.
do llars)
B ich n.
3 6 , 1 80
3 0 ,9 6 2
,
A tlan ta
C h ic a g o
s t- L o u is
■
2 ,19 8
7,9 39
23,367
3 ,7 9 4
8,39*1
2 4 ,3 6 5
1 1 ,2 9 5
9 1 ,9 0 9
2 3 ,0 7 5
2 4 ,5 4 9
2} k
^ S i 4 2 ^ 3 ^ T n S T 7 ^ ^ 2 ^ r ^ l 3 ,
Kans-Cy- D a l l a s S a n FranTotal
9^
7 ,^ 2 0
1 0 ,3 8 2
3l4l35
Minn-
1 1 5 , 2 7 6 2 6 7 s 5 9 "' 3 2 ,9 ^ 3
2 9 ,6 0 7
5 3 ,72 9
3 6 ,5 2 1
3 r72.1
2 5,1 1 3
i 6 r? ^
8 4 ,8 5 6
3 ^50
73 ,30 5
7 1 ,0 6 9
103
237
B i l l e d ! soont-d3 ~~
1 1 5 ,5 7 1+
^ 4 ,5 2 3
124,873 124,400
2 2 ,6 4 4
5Q 7,’ o 4 6
2 9 , 7 0 1 ......... 1 ^ 3 4 2_ " 3 3 , 0 2 6 -- ^ 1 5 T
^ i d S d m p i i o n aFuSdS-----~
!
U 'f x l
2? u ‘^ o
1 1 5 ,5 1 0 32,090 4 2 , 6 6 0 2 6 1 ,6 7 7
2 7 .1 4 0
GO id Re demption Fund
—
_ 1 4 ^ 6 --- 2 ^ i 2 9 L j ! Z u 3 ^ ________2 1 0 ____ 0 ^ 6 2 ____ 5 , 4 2 3
Total gold reserves 100,533
7 3 2 ,9 2 2 1 2 4 ,6 2 2 1 2 3 ,4 6 2 6 7 ,2 1 5
6 7 ,3 2 5 4 o 4 ,093
Legal tenaer notes, silver, e tc .
7 ,0 4 1
5 1 ,5 4 1
251
932
452
1 ,5 2 8
1 ,1 09
4 , 258
6 ,9 2 2
67,667
62,853 405,£02
27^06
73,^08
73 ,34 9
14,826
7 1 ,8 1 9 2 0 0,427
56,405
9,693
3 9 ,1 1 0
15,904 1 1 2 ,9 0 1 1 , 11 3 ,8 2 4
3 ,3 ? 7
3 3 ,5 7 3
1*997
2?2
35,*570 l;v6 , 574
71,3 0 6
1 2 2 ,779
146 ,7 4 9 2 ,1 4 7 ,7 8 4
225
*S> 72
2 , 2 ',.J~2 -J6 ~
Secured by Government war
obligations (a )
A ll oaier -B i l l s oougnt in open market
.1 4 4 ,7 2 0
(b)
c TsteG ov^m »nt
S : si n c io r /n o t e s - - ----^
53,^25
17,2 2 9
18,18 0
1 0 0 ,8 2 2
SbO
173 ' i t ,
12 \ ' W ,
^
U
n c o
^ i S
s " ? -
l l e c t e d
-
-
i t e m
-
s
-
'
a n d
- “
I
1 9 0 >
o t h e r ' d e -
7
”
£ °
S
°
7
,
1 9 2
1 1 9 , 76 s
7 ,2 0 1
3 6 ,9 7 2
^
376
W
-- 6j,. 9,0 l 21,361
U .S . certificates of indsbtotae*
S
5 6 7 ,6 3 2 173,957
10,454
2 1 5
, 2 9
5 °
3 , 9 7 2
“*
i f
1 6 ,7 7 1
7 ,7 4 4
1
7 , 1 73
95.919
2 1 ,2 2 4
4 0 ,4 6 3
95,763 26a,7 11* 7 3 ,^
M 53
17 M
1 3 2
6.360
l
, 5 2
°
1
1 0 3 , 5 1 3
5 7 5
10,599
1 0 6 , 7 1 * 5
3 5 2
2 1 5
2U.612
2 9 1 , 3 0 2
2 ' 9 3 6
5/ l ° t o p t i S “ m d ° a S a S t Sit3' '
62l6k2
175,776
62,150
55,322
54,036
26,953
7 6 ’ lk?
F .R . bank n o t e s ----------A l l other r e s o u r c e s -------- -
846
314
1 ,8 4 4
2 ,9 4 2
1,075
99^
259
902
^ 2
723
509
371
1 ,626
1 , 6 12
TOTAL RESOURCES----------
7 ,3 9 b
17.063
9 1 , 7 1 5
44,6 6 2 22,494 5 3 ,1 4 0 1 ,5 7 3 ,4 8 3
4 2 ,9 2 5
2 4 ,3 b 0
1 4 ,8 2 1
2 4 4 ,5 5 7
g
1 ,0 2 0
6 5 ,1 3 4
3 0 4 ,5 5 8
4 ,9 0 8
I S , 786
& 2 .SOK
93,655
^
6.924
7 0 , 0
9
0
1 0
9
di.olb
6,565
3,966
6.SS0
<S~ S
, 1 * 0 3
6 6
6 3 , 5 2 3
^
V l M ' i
2,632
27,130
i.7<K
20-* 1 *
11* 1 , 5 2 5
^
2 , 3
2 2 2 ^
U3' 555
15,026
55, 172
19,997
39,255
659
314
ISO
730
484
396
703
40o
812
50S
3 7 1 ,0 1 5 1 , 806,249 4 o 4 ,9 l6 4 2 4 ,2 7 9 22 6 ,7 7 9 2 0 3 ,6 4 9 .7 7 9 ,3 2 7 224,284 15 9 ,0 18
5 1* ,
1 6 7
H
.
636,063
9 7 l4
10 *55 1
237,^96 1 20,41 6 3 29,320 5 , 222,002
M E M O R A N D A
(a) includes b ills discounted
for
(b )
other f .R .b a n k s ,
in c lu d e s b a n k e r s '
v iz- - '
.
-
-
■
-
2 3 ,7 5 0
-
-
6 4 ,1 2 2
9 ,7 3 5
2 5 ,0 0 0
1 2 2 ,6 0 7
-
accept
a n c e s b o u g h t from o t h e r
F .R . b a n k s W ith t h e ir
W it h o u t
e n d o r se m e n t--
th e ir
e n d o r se m en t
-
5> 06c
-
-
-
_
_
_
_
_
_
_
_
_
2 5 7
_
_
_
_
2 7 ,4 5 6
_
^ q ^2
2 7 '4 5 6
R eleased fo r p u b l ic a t io n
Su n d ay m o r n in g Jun e
29, 1919;
not e a r l ie r .
St -463 c
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JUKE 27, 1919(in thousands of d o lla r s *)
L I A B I L I T I E S
Bo ston
New Y o rk p h i la*
C a p i t a l p a i d - i n --------------- ■ 6 , 8 7 7
S u r p l u s -------- ------------- ■ 2 , 9 9 6
Governm ent d e p o s i t s ---------1 1 ,3 3 2
Due to m em bers - R e s e r v e a c c o u n t
D e f e r r e d a v a l L a b i l i t y i t e m s --A l l o th e r d e p o s i t s ---------- -
Sir*-lotal
F*
g r o s s d e p o s i t s -------
R^notes i n a c t u a l circ u la tio n
F *R ~ b a n k n o t e s
in
TOTAL L IA B IL IT IE S
2 1 ,1 1 7
2 ,6 0 8
15 ,3 6 3
1 0 ,6 3 0
9 ,2 3 3
3 ,5 5 2
4 ,2 0 5
3 ,2 4 7
2 ,19 6
1,5 10
1 1 ,4 5 3
6 ,4 16
5 ,3 2 7
4 ,2 9 7
5 1 ,1 5 6
4 ,9 4 a
3 ,9 5 .9
4 4 ,9 9 7
A t l a n t a C h ic ag o
S t . L o u i s Minn- Kans-Cy3 ,0 1 1
3 ,7 6 2
3 ,2 4 0
4 ,7 7 4
32, 76 4
1 ,4 1 5
2 ,4 2 1
1 , is4-
2 , 44s
4 9 ,4 6 6
3 , 1S4
6 ,5 0 8
5 3 ,7 6 2
3 5 .6 3 4
10 0 ,2 13
4 5 ,3 3 0
1 2 b, 25 8
5 4 ,4 7 3
.1 ,7 9 3
1 6 5 ,0 3 0
103, S69
4 s , §42
1,2 2 9
253
9 7 5 ,7 7 3
16 6 ,5 9 5
1 7 ^ ,1 5 9
737,437 203,703 214,663 109,630 115,662 421,672 102,860
1 7 2 ,4 8 5
109
10 2 ,4 9 7
2 3 6 ,0 12
21,823 6 3 , 7 8 1
2,523
.107
71,874 311,280
To t a l
1 ,6 0 3
4 ,8 3 2
7 3 0 ,2 7 3
4 6 ,9 3 5
San F ra n .
3 ,2 6 6
10 6 ,6 ?5
12 3 ,9 0 3
D allas
5 1 :0 5 1
10 ,6 6 2
£ 0 ,7 3 5
3 5 ,3 0 9
• 3 /8
259
540
9 9 ,8 6 8
"65 , 2/5 122,811
82,032
93,677
5,975
1,310
12,393
2,432
552
4 3 ,5 3 3
2 ,5 2 2
7 3 ,6 1 4
3 5 -7 1 5
1 5 ,6 1 3
il4
2 4 ,5 3 5
4 , 5 j4
1 ,7 1 3 ,0 3 0
534^20
115 .6 9 3
59 ,Sb 3~D-7 J '!b 2 , ^ 7 5 7
46,937 194,74s 2,499, is o
lia b ility
.
16,760
3,143
35,143
15,329
20,788
3,571
15,295
3,051
6, l 4 s
2,103
9,707
1,649
24,461
4,045
15,196
1,49 1
7,695
1,492
7,024
3, o4o
177,125
42,656
371,015 1,806,249 4o4,9i6 424,879 226,779 203,649 779,327 224,884 159,018 237,496 120,416 329,320 5,288,00 8
M E M O R A N D A
a s e n d o r s e r on -
D is c o u n t e d p a p e r r e d i s c o u n t e d
w i t h o th e r p.. R . b a n k s ---Bankers'
7 ,6 5 1
R ic h m .
c ircu latio 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 ---------
C o n t in g e n t
2 1,4 4 5
C lo v o l.
acceptances
so ld
_
o t h e r F- R. b a n k s ---------
9,640
55,000
57,967
to
122,607
5 ,0 6 2
5,062
FEDERAL RESERVE NOTES OUTSTANDING AMD IN ACTUAL CIRCULATION
F~ R» n o t e s o u t s t a n d i n g -----F. R . n o t e s h e l d b y b a n k --- --F .R .n o t e s
in a c tu a l c irc u la tio n
818,788 213,112 226,357 113,676 120,793 453,372 116,623
5r-?43
_________
s i ,351
9 ,409 11,694
4.046
5,137 31,700 13 76 3
1 7 6 , 159
7 3 7 ^ 3 7 2 0 3 ,7 0 3 2l 4 , 6t>3 109,630 1 1 5 7 6 6 2 4 2 1 ,6 7 ? . 1 0 2 , Sod
1 3 .1 ,9 0 2
84,547 100,4-90
2,515
6,813
82,032 93,677
48,529 216,445 2,694,640
1,592 21,697
195,460
4b , 937 194,748 2 , 499,180
DISTRIBUTION OF BILLS AND U-S, CERTIFICATES OF INDEBTEDNESS BY MATURITIES.
W ith in
B i l l s d i s c o u n t e d ---------- --B i l l s b o u g h t i n o p e n m a r k e t --U *S- c ertifica tes
of
in debtedness
1 5 days
1, 484,822
75,449
25,279
16
to
30 da y s
123,334
64 ,156
494
31
,
to 60 day s
122 083
113,329
4,092
6 l to 90 day s
56,531
51,524
l 4 ,o 4o
Over 90 day s
3 1 ,2 7 0
To t a l
1,818,040
3 0 4 ,5 5 8
l6 0 ,199
2 0 4 ,1 0 4
St.46_$d
' Released for publication Sunday morning jun^ 29, 1919; not earlier
STATE' 2CNT OF FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS JUNE 27, 1919(in thousands of dollars.)
B&ston
New york
phila. Clevel.
Richn. Atlanta Chicago st.Louis Minn. Kans.Cy* Dallas san Fran.
&
R e S i i ^ f ^ ^ o m p S o i i s r ----R Q t a m a d to c o m p t r o l l e r ------
Chargeable to F .R .A g en t ---
205,802
23,900
Issued to F„R* bank less amount
returned to F.R.Agent for
redemption------- -- --
■181,902
of
COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
Gold coin and certificates on
h a n d ---------------------Gold redemption fund
-------
10 6 °
3 2 1 , 0 8 0 1 , 6 0 1 , 9 8 0 3 9 6 , 9 2 0 3 5 7 , 1 0 0 2 2 5 ,6 2 0 2 3 4 ,0 0 0 6 2 5 , 2 0 0 2 0 2 ,9 2 0 1 3 4 , 3 2 0 l 6 ? , 5 0 0 1 0 3 , 9 6 0 2 2 ^ 4 0 4 , 6 5 6 ^ 6 ©
H 5 ,2 7 S
6 4 2 , 1 9 2 1 5 5 ,7 2 2
9 7 ,9 2 3
2 2 ,6 7 6
5 2 ,9 1 2 1 4 2 ,7 4 8
6 7 ,7 7 7
3 4 ,5 9 3
5 3 ,2 1 0
3 3 ,2 5 ©
b 3 ,8 9 5 l t5 k s , 8 4 8
F. E« Aserlt -----
in hands
^
Total
959,722 2*+l, 192 259, 177 l*+2,9*+*+ IS 1 , OSS *+7 6 / 5 2 135, i*+3
l4 1,000
28,080
32 , 820
81SJ88 213,112 226,357
29,26s
60,289
23,080
18,520
113,676 120,799 *+53,3 7 2 116,623
99,727 11 *+, 290
70 , io4 2 21 ^4 5 3 ,107 x t o
«*.</
13 , soo
21,575
2*+,5*+7 100,490
4 8 ,5 2 9
15 , 2*+o
5,200
Yd- /
412,772
2 1 6 ,4 4 5 2 , 6 9 4 , 6 4 0
1 1 ,1 3 5
4 6 ,0 0 0
1 2 3 ,7 ^ 0
2 ,5 7 1
1 0 0 ,0 0 0
1 0 ,3 1 6
5 7 ,2 8 9
9 ,1 2 5
1 1 ,3 2 5
9 5 ,0 0 0
2 ,0 9 0
3 0 ,0 0 0
2 ,5 0 0
3 ,l 6 S
3 7 ,0 0 0
8 ,3 3 3
2 5 3 ,3 4 4
3 ,2 9 2
5 0 ,4 3 1
1 3 ,0 5 2
2 ,7 2 9
2 0 ,8 0 0
1 ,7 5 3
2 3 ,3 6 0
1 1 ,5 2 1
5 ,6 3 9
l ,6 o 4
1 5 ,6 0 7
97,29*+
2 1 9 ,9 9 2
8 1 ,0 2 4
8 1 2 ,2 0 2
1 2 4 ,7 6 ?
526/77
1 4 4 ,9 0 7
1 1 0 ,8 4 7
8 1 ,5 8 6
7 2 ,1 3 1
1 9 1 ,6 9 5
6 2 , 89 *+
*+7 , 9 6 6
7 5 , 3 77
3 2 ,6 2 5
1 0 3 ,5 4 4
1 ,5 2 0 ,8 1 6
T o t a l -----------------
181,902
818,722 213,112 226,357 113,676 120,799 *+53,372 116,623
84,547 100,490
4 s , 529 216 , 41+5 2 , 694 , 61+0
AMOUNT OF ELIGIBLE PAPER
delivered to F. r. agent— —
173,35*+
721,939 i*+9, 503 16 1 , 133
59,99 2
93,655
53 , 37*+ n *+,*+63 2 , 034, 1+67
G o l d s e t t l e m e n t F u n d - F .R .B o a r d
E lig ib le
p a p e r , m inim um r e q u i r e d
93 ,3 *+o 8^ , 250262,625
66,339
@FedFRASER