The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Released for publication Sunday morning July 1, 1917.
X-253
Not earlier.
STATEMENT FOR THE PRESS.
June 30, 1917,
Redemption by the United States Treasury of 2$ Certificates of Indebted
ness and transfer of funds from Government account to member banks1 reserve
account in connection with Liberty Loan operations, also withdrawals by the
funds
be advanced to allied foreign governments, are chiefly
shown 81 4^
Ganges in the condition of the Federal reserve banks
on Juns^q 6iQi 7 era^ Reserve Board's bank statement as at close of business
cash r0<
= J,
ol'r*
reserves °f the banks increased 82.5 millions and
GovprnmA^+ 68
‘1
The larger portion of this increase is due to
ever reTvLPay? 6n^ in redemPtion of the 2$ certificates. Some part, howother rmsan!
increase in reserves of member banks in central and
of the ampn^f/)CA +9S
1186^ the larger reserve requirements of Section 19
reserve condition of
^
-serve funds the
ities to ao-o-r
+
banks as gauged by the ratio cf net deposit liabilweek.
Sgregate reserves shows an improvement of 4.7 per cent for the
gain of eold^a^+v!3*1^ rePorts a decrease in reserve of 35,1 millions, the
additional + raS *
result of the liquidation of Government indebtedness and
by w i t S n L a [ T l l er S ° f * * * * * banks’ r9serve beinS
than fully offset
and laree tran^f Government funds for the benefit of foreign governments
Fund following t^rS
other tanks of funds through the Gold Settlement
of part-paid anri f ^®0kly afcttleajeat. Government deposits, composed in part
of about 196 mim •
subscriptions to the Liberty Loan shew a decline
with Qualifviv,
10J1S»
A large portion of this amount has been redeposited
showing an i n c r e S ? of
dep0SitS 01 th6 f0r“ r
bank r a n n r t w kills on hand show a decrease of 43,7 millions, the Hew York
some of the lar ^ ?Jen ^arSer decrease as the result of liquidation by
Liberty Loan o p f r a t i o L ^ ^ n r ^ ° 0;L1f teral notes Siven in connection with
116 millions. ?_
total discounts about 60 per cent, or over
cured bv U q n*composed of collateral notes, of which 26,4 millions were seBonds. Bills*hoi r ^ ^cat®8 of Indebtedness or interim receipts for Liberty
York
r>v,-g
ln 0pen ^rk e t show an increase of about 8 millions, New
this*head
Tin,
311(1 Kansas City reporting substantial increases under
i n d i o S ’ , , / : ^ ^ 0” * Z * t ° f^
2^ certificates of indebtedness is
securities held
44.2 millions m the amount of U. S. short-term
present \ 65*
assets decreased by about 58.1 millions and constitute at
the week before, *0f the totaiL^ae ^ d~ir i caPital> as against 967 per cent
39.9 per cent- n c i
total, acceptances constitute 40.9 per cent; discounts
curities 6T ; f ‘ + T t6riB securities 7.4 per cent; U.S. short-term secipal warrants 0.5 per 6ent?S ^
g°ld C°in ^
tullion 4 *4 > er cent' and miTi±~
whileGmImb?TbInke^ SitS ^ ° W a £allinS off for the week of 194.8 millions,
ence between S
JePosits show a gain of 227.3 millions. The differ
ments due from rrprnhflr^'T
represents a portion of the additional reserve pay“
e
r
t
? deral reserve notes in circulation shov, an inin c r e L L i .
?• $9^086^ 0 0 , New York and Chicago reporting the largest
for paper L
?
n°tSS‘ ^ ing Urg9ly to the ^ubstitutifn of golf
paper cover the note reserve percentage shows an increase of 1.2 per cent.
Released lor publication Sunday morning July 1, 1917.
Not earlier.
X-S;53-a
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSF, OF BUSINESS /UMK ,’9,
R
Gold
Gold
Gold
E S O U R C E S ,
June 29, 1917
coin and certificates in vau^t....................................... $^84, 264,000
settlement fund................................................. ................
345,845,000
with foreign agencies........................................................
52,362,000
Total gold held hy banks..................................................
882,471,000
Gold with Federal Reserve Agents....................................
402,693,000
9,402,000
Total gold reserves.....................................................................
1,294,566,000
Legal tender notes, silver, etc....... . .....................................
39,840,000
Total reserves.....................................................................
1,334,406,000
Bills discounted — members........................................................
197,242,000
202,270.000
399,512,000
36,426,000
34,302,000
Municipal.warrants...- ...............................................................
2,446,000
21,850,000
Total earning assets.............................. ..........................
494,536,000
Due from other F„ R. Banks - Net, ..........................................
1,448,000
Uncr'le cted items........................................................................
.705, COO
Total deductions from gross deposits.......................
223,153,000
5$ redemption fund against F., R. bank n o t e s . . . . . . . . . . . . . . .
500,000
All other resources.....................................................................
799.000
TOTAL RESOURCES..................................................................
2,053,394,000
L I A B I L I T I E S . .
Capital paid i n , ..........................................................................
57,176,000
Government deposits....................................................................
300,966,000
Due to members — reserve account............................................. 1,033,460,000
Member bank deposits - N e t . . ....................................................
Collection items.. . . . ....... ........................................................
149.527.000
Total gross deposits.........................................................
1,483,953,000
F. R, Notes in actual circulation..................... .................. .
508,807,000
F_ R. Bank notes in circulation, net liability....................
934,000
All other liabilities including foreign Govt, credits.......
2.524.000
TOTAL LIABILITIES___ ‘........................................................
2,053,394,000
Gold reserve against net deposit liabilities........................
69.9$
Gold and lawful money reserve ag' st.net deposit liabilities
73.1$
Gold reserve against F. R. notes in actual circulation....
81,0$
(a) Amended figures.
June 2 2, 1917
492,742,000
267,910,000
52,600.000
813,252,000
390,765,000
8.001.000
1,212,018,000
35,680.000
1,247,698,000
(a)240,984,000
(a)l94,303.000
435,287,000
36,427,000
78,491,000
2,444,000
* 9 W
552,649,000
2,561,000
19 5,826,000
198,387,000
500,000
408,000
1,999,642,000
57,171,000
49 5,807,000
806,209,000
193 7.
June 30, 1916
' 262,038,000 ’
112,931,000
. . .
374,969,000
165,986,000
1,789,000
542,744,000
27,448,000
570,192,000
21,188,000
71.09 5,000
92,283,000
52,939,000.
4,190,000
22,671,000
• * *
172,083,000
20,414,000
20,414,000
450,000
4.622,000
767,761,000
54.854,000
101,152,000
457,503,000
137,581,000
1,439, 597,000
499, 721, 000
776,000
2,377,000
1,999,642,000
65.5$
68.4$
79.8$
558,655,000
152,244,000
1,721,000
287.000
767,761,000
69.7$
74. 8$
110.2$
Released for publication Sunday morning July 1, 1917.
'ft-ot earlier
WEEKLY STATEMENT OF RESOURCES AHD LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JUNE
^In_thousands of dollars)
R E S O U R C E S
cf9GL o
filevel • Ri°hm. Atlanta Chicago St. Louis Minnis. Kas.Cy,
Gold coin and certificates in vault
" 47 '3 57 ^34^ °02
3?Jrfs S ^ 38
6>353
731 4° ' 801 U ' 407 14' 092
8’ 419
Gold Settlement Fund
47^ 7
49,^29 25,084
5, 557 45,652
20,617 15,192 30, 582
Gold with foreign agencies
ftr/opA
-- aT 'I^ o—
....1 >fiQ0... 7,350
2,100
2.100
2.50?
Total gold held by banks
8 0 ,„o4 3^9, j80
64,9o^ 77,892 33,274 14,738 93,803
34,124 31,384 41,501
22,460 139,25;
Gold with Federal Reserve Agents
33,606
16,320 6?-,003
9,472 21,576 14.830
500
5.250
AO.
Gold Redemption Fund
450
' 755 ____ 273
226
196
103,944 484,082
Total gold reserves
98,99 5 112,369 41,40* 31,360 156,032 43,792 53,163 5?’, 652’
__ 2* 520_ _26.534 ___ 1 .,JL85_
I ^^ i l t e n d e r notes, silver, etc.
303
198 ____645
3 ,4_47____3 , 3 58
114
208
1067464 510,616 100* 280 112,677 41 _coo 5" no It ICO A70
Total reserves
47,150
53,282
57,870
. /.c~.
B i l l s divi c o u n t e d - n s sobers
18,773
78,122
22,334
9,303 1 r3. 755 18,118
5, 713 10, .189
5.570
B i l l s b o u g h t i n o p e n irarket
_16.411_ .102.587
£
A
9^087 1] .133
»
.•ip■
-JC
•j> 1 ’ 850 28.923
5,471
"
1
*
—
0
11
1837
T o t a l b a l l s on h a r d
35,184 ISO,709
31,421 20,496 JLI t J X.L
5, 505 47,041 11,184 11,633 17,407
U . S . G o v e rr.iXent 1 org-t:j.rra s e curitiss
530
1, 30 6
549
5, 8 5 3
1,152
628
7,007
2,233
1,857
8,842
U . S . G o v e r n r e e n t shor t- term, s e c u r i t i e s
2*194
5^294
2*548 . 1 * 8 9 1
1 ,969
3,015.
2j 985 -1*444
1*420
4^284
Municipal . warro-jitf:... ' / .
* 3~36
.
158
1,268
15
1
152
212
51
o n g - l d c o i n a n d bullion
.
21 850
^9i'
rni.ng a seat?
o?6 29} 508 21,046
9,319 57,185 15,073 14/
3'J,
Dur ‘iron o Ka ;. F* R* Banks - Net
2,0£.3,323
1,0-; 6
1,423
5,212
9,845
. .
Un ■ .'.fJGtPd lems
16>924 .42,197
17 T'’Q
“*** ( O (
jlc * o r v
O, l ? %
Trial d i■
U 1tions fvcra grcs? deposits 18,989
42,197 "29,238" 18,275 12,513 15,770 54, 532 13,699
6,794 1 4 ,26b
o/o ro ae:.afo.. eunc
s F.R.Bank notes
*
*'•
% *
*
*
♦
«
*
«
«
*
*
»
400
*
%
■
••
«
All other renonr-'^s
*
*
118
40
368
40
TOTAL R CCO’/ ' •-;S
163 361 752,?33 164.194 160.460 75.276 57.154 271, 6J.4 75,922
74,991 103,159
1 a B I L I T I E S .
,
O Ck . -U
«j
J
f£ t y
-i rv
.
.
O rr,
•
Capital paid in
5,112
12.063
Gcver •;uj3nt depc£it y
45,694
31,924
Due to members - reserve account
75,727 442,007
Collection items
12,041
40*553
Due to other F. R. Banks - Net
26.894
Total gross deposits
133,462 541,378
F.R.Notes in actual circulation
24,530 207,172
F.R.Bank notes in circulation,net liab: •l i t y „
All other liabilities including Foreign
Government credits
257
1.725
l £0 n/n
TOTAL LIABILITIES
/
•> n . , ,
,
*
,
------------ ~
6,247
17,254
90,956
13,025
3,436
12,315
33,194
9,547
118,960 121,235
39,704 32,916
55,056
16,784
•
260
62
uu
.
«*
2, 3S9
7,062
5,946 60,028
23,332 127,475
6,640 15,315
17,500 23,078
1.8 38
2.750
29,338 40,864
16,986 24.388
143
22
46,467 65,274
140
1.083
47, 550 65,414
4, 282
8,331
* 623 __7.031
4,905 16;012
3/970
2,429
1*430
5*328
20
203
345,845
52.362
882,471
402* 693
___9.402
3,294,. 566
__ 39,840
1,334,406
197,242
202, 270
39 9,' 512
36, 426
34,302
2,446
♦
*
35,918 202,818
18,847 61,734
*
4
24,472 494,536
3,649 (a)l,448
0 -f.__
•Lh-.4 I '
S -6 1 , YUb
6, b l l
100
233
65.019
18,126
223,153
500
799
2,053.394
■
i /'v> m o
---J.
-
w
—
2,469
14,559
29,154
5,053
3,168
13*547
53,419
6,748
2,755
16,274
23,370
3,520
3,962
57,176
33,999 300,966
43,805 1,033,460
4,346 149,527
48,766
23,712
73,714
25,343
934
43,164
19,100
82,1501,483,953
21,728 508,807
. .
934
4
44
*
< Z f± ,0 X 4
10,325
5SI
3,243
9,272
36,812
8,142
1,212
55,438
17,23?
V 3,3,
{ a; Difference between net amounts due from and net amounts due to other Federal reserve banks.
Dallas S.Fran. T otal.
10,000 15,036 484,264
0
o -i r~
5,270
‘ 40,154
54, 209
24,597
X-253 D
29, 1917.
172
2.524
65,019 108,012 ^053,394
Released for publication Sunday morning July 1, 1917,
Not earlier.
STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS JUNE 29, 1917.
(in thousands of dollars
N. Y,
Phila, Clevel.
428,440 61,340 48,000
Richm,
31,720
Atlanta Chicago St.Louis Minnls. Kas.Cy. Dallas S.Fran.
36,380 96,700 27,340 36,640 42,720 36,920 27,860
39,960
12.500
350,352
121.100
51,846
9.940
42,068
7.640
20,606
3.110
29,796
10.405
94,383
26,620
21,639
3.660
30,662
5,890
35,680
9,540
27,790
8,261
24,388
27.460
229.252
41.906
34.428
3.7.496
19.391
67.763
17.979
24.772
26.140
19,529
24,388
Collateral held by F. R. Agent,
as security for outstanding notes
Gold coin and certificates
18,660
on hand
1,800
Gold redemption fund
2,000
With Federal Reserve Board
Commercial paper, minimum
5.000
re cvi re d
128,914
10,338
*
#
4,220
2,146
27,240
12,601
1,827
20,000
90,000
8,300
27,460
229,2-52
41,906
5,026
90,523
8,306
Federal Reserve Notes:
Received from Comptroller
Returned to Comptroller
Chargeable to F, R, Agent
In hands of F. R. Agent
Issued to F. R. Bank less
amount returned to E. R.
Agent for redemption
TOTAL
Amount of commercial paper de
livered to F. R. Agent
F. R, Notes outstanding
F, R. Notes held by banks
•F. R. Notes in actual circulation
Bills discounted and bought
Municipal warrants
Boston
$50,680
X-253c
o
27,460
_2,~930
24.530
229,252
22.080
207.172
Within 15 days
172,168
6
%
*
34,428
*
2,897
1,343
12,080
+
318
7,000
*
53361,470
3,365
617
5,490
14,102
1,224
6,250
2,370
1,400
11,060
11,110
1,076
4,800
10.173
3,071
5,760
8.507
3.196
11.310
2,543
17,496
19.391
67,763
17,979
24,772
26,140
19,529
14,134
3,078
5,876
8,513
3,196
11,528
3,218
*
*
m
M EMO RANDA.
Federal Reserve notes outstanding and in actual circulation.
41,906 34,428 17,496 19,391 67,763 17,979 24,772 26,140 19,529
2,202
6.029
544
712
742
1.060
797
429
JJ?12
39,704 32,916 16,784 18,847 61,734 17,237 23,712 25,343 19.100
Distribution of Bills and Warrants by maturities.
15 to 30 days
53,754
1,132
31 to 60 days
91,213
259
6 1 - 9 0 days
77,420
1,026
Over 90 days
4,957
23
, *± 1 c
«
•
998
23,330
Total
924,740
1 J J , 3IU
769,170
218.666
550,504
198,239
23,620
180,780
147,865
24,388
»
4
24,388
2.660
21,728
550,504
153,398
550,504
41.697
508,807
Total
399,512
:?,446
\
x
-263
Released for publication Sunday morning, July 8, 191T - Not earlier.
STATEMENT FOR THE PRESS.
inly ?, 1917‘
Liquidation on a large Scale Of short-term paper, discounted for mem
bers in connection with Liberty Loan operations, a reduction by over 157
millions in Government deposits, and a gain of about 79 millions in reserve
deposits are indicated ih the Federal Reserve Board's weekly bank statement
issued to-day as at close of business on July 6, 1917 * Aggregate reserves
of the Federal reserve banks increased during the week about 21.6 millions,
while total gold reserves show an even larger increase of 23*1 millions.
The reserve position of the banks, as measured by the ratio of total bank
ro**rvesto net deposits, shows an improvement from 7 3 .1 to 7 7 .3 per cent.
w©ek witnessed considerable concentration of Government funds at
e ew York bank which, acting as fiscal agent for the Treasury, paid out
arge amounts in the shape of advances to the Allied Governments. These
% V?Iif 8S havin6 keen deposited with local member banks were largely redepoa
1 e by the latter with the Federal reserve bank. The result of these op
era 10ns is seen in a net decrease by 29 millions in Government deposits, and
an increase by 80 millions in member banks' reserve deposits. All the banks,
except those located in the three Central Reserve Cities, report decreases
in reserves following heavy withdrawals by the Government of Liberty Loan
funds* Gains in cash reserve reported by the Chicago and St.Louis banks are.
ue m part to additional transfers of member bank reserve deposits, in the
case of Chicago also to the collection of deferred items and a reduction of
its favorable balance in account with other Federal reserve banks, and in
e case of St.Louis largely to the increase in the amount due to other Fed
eral reserve banks.
Ym *t^Si:i?Uni 8^ paper on hand shows a decrease of b7*4 millions, the New
p«+frpa? a ° nS f CCOun^inS *or a decrease of 56.2 millions. Almost the
+ . , , ecrease is due to the liquidation 0 f member bank collateral notes,
.
ln§8 of wnich declined from 116 millions to 50*4 millions. The
^ n+ °. C0 la^eral notes secured by U» S, Certificates of indebtedness
oc h*1
rece*P^s f ° r Liberty Bonds shows a decline for the week from
*
.n‘1 10ns "to I 3 .4 millions. No substantial changes are shown for other
.
assets* The New York bank reports the liquidation of the 21.8 milai™?,
j
°n
^ H i o n shown the week before. Total earning assets
thA *a , e<jreaf®
millions, and constitute at present J03 per cent of
311 3 paid-in capital, compared with 865 per cent the week before,
cent.
ti° c
aswptances constitute 49.7 per cent;
discounts 32 .O per
t
• » Securities 17*7 per cent, and municipal warrants 0»6 per cent.
Largely as the result of admission to the system of the Guardian Sav
ings and Trust Company of Cleveland, and the Merchants' Loan and Trust
company of Chicago, the capital account shows an increase of $481,000.
In
f, 1
0 the member banks' reserve deposit account the statement, for
+v*’ ^ rS • mQ> s^ows ^
of 5 million dollars due to nonmember banks,
is eposit having been made by a large New York city bank for clearing
purposes, in accordance with Section 13 of the amended Act.
^ Federal reserve notes in circulation show a total
of $527,459,000,
aving increased $18,652,000 during the week* The note reserve percentage
xs given as 80«3 psr cent, or 1 per cent above the percentage of deposit reserve shown above#
Released for publication Sunday morning July 8, 1917Not earlier.
vRES
COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANK'S AT CLOSE OF BUSINESS JULY 6 , ' 1917
V“ U ..............■
..................
»70,359.oooly 6 ‘ 1917
Gold Sot t3-GTIlOnt fund • Cates in
..................
............. "2Qf\ AAA
Gold with foreign agencies..................................................
^ 50^000
Total gold held by banks.............................................
89U,2140,000
Gold with Federal Reserve Agents........ :■............................
4l 3 , 7 l5,000
^
re^
1 0n fu n d ..............................................................
ct»i gold n,sorv„s-.. . ......... . ......................................... .
6
T o S ° ™
Bills a
a iu £
i
Z
;
s
* t £
c
. 'X
?
'
........................................
o
u
n
w
-
.................................................
-9,7ii8.ooo
“7Vtr- rihr tltsi.,
r\r\f\ 26^ 00029' m 7 '
000
1, 317 , 703,000
^ .o i t .o o o
m ’M o o o
R:
?51/ ;7^,000
270,839 000
» j g
i i n i f l T f l T : .............................. .
™ koo§
Capital pctid m
r
Government deposits..........................................................
-ih-z gpg 0qq
................
L4+3, o<ib,000
r,
.
,
~
Due to members - reserve account........................................1,112,31*7,000
Duo to non-member bants - Clearing account
5 000 000
Member bank deposits - Net
J
J
Collection items-....
’^
T
L
...............................................
S
' ::::::::::::::::::::::
F. * .
F. H. Bant notes in circulation, net liability..............
111
™
' ” reisn '" * ■ crsiil!"
Gold reserve gainst net deposit liabilities!. ' . ' . ' .
Gold and lawful money reserve ag'st net deposit liabil's
Gold reserve against F. R. notes in actual circulation••
1 , 2911, 566, ooo
39, 81)0^000
lq7 2U, 000
H gs
“ * ! • : : : : : • • ■ ........
2 : 011:000
555 , 660,000
q.Uoa.ooo
^ -
“" S ' 000
s s L s is L m
Loans on gold com and bullion...........................................
Uncoxxvctod lt^nis;
.........................................................
Total deductions from gross deposits.......................
~
3.11,000
~W
Bki ^00
L ^ O O O
000
882 U7l'000
U O ^ 000
- 38.31U.000
12q8„
^
—
-7 /'[•■%
I6U.588.000
*'S*S'£
l ’ m 'o O O
221,705.000
--
,0,5
80*3^
J g - ^ 000
i q m
21 M
rn
i ,™ ,* * .
22X
nnn
.q w
\Jo ,
«SSS
.
. ' .
T n "P 7 ? nnn
$ « °
2 ,0 5 r M
7 9 ^ 5 ?
___ _ /■
.
-,nn Q/v- nnn
T&,000
5 If,858,000
300,966,O X
llli UfiO 000
1,033,460,000
4,4bU,J0U
.
.
. . .
%
» *r _/
1U9.527.000
.
. ' °°
E M
‘ ’i V i JOG
2,lkooo
#.0)},?60,000
9 0 ^ 000
2,0 5J,J9 ^00 0
7, 'l ^
8 l ’.0$
1 721 000
aw
791,808 000
«
6$
tt
110 1$
Released for publication Sunday morning July 8, 1917*
Not earlierWEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE
(in thousands of dollars)
Boston N. Y.
Phi la. Clevel. Richm* Atlanta Chicago St.Louis
R E S O U R C E S .
$31,269 255,643 31,186 34,654
Gold coin and certi-ficates in vault
6,443
6,740 42,089 12,077
14,984 128,794 22,583 38,569 20,503
Gold Settlement Fund
2,694 57,662 17,796
Gold with foreign agencies
2,100
1,817
1,500
7,350
3J>75_ 18,188 __ L 675 3 ,7 2 5
49,928
402,625 57,444 77,948 28,783 10,934 107,101 31,973
Total gold held by banks
22,433 148,002 33,512 30,045
Gold with Federal-Reserve Agents
7,735 17,397 62,003 14,345
500
450
44
Q^ld Redemption Fund
750 . 338
5i.250
311
235
72,861 555,877 91,1+06 108,037 37,268 28,669 169,339 46 ,629
Toted gold reserves
448
Legal tender notes, silver, etc.
207 _ 199
.._2J>17. _2L.3Q0
652 .1,599
3,071
Total reserves
75 , 47 8 5 83,777 91,854 108,244 37,467 29,321 170,938 49,700
15,823 21,918 18,037
Bills discounted — Members
5,646 11,869
6,345
3,479 19,776
17,014 101,541 _ 9 ,824 10,478
Bills bought in open market
5,154
1,676 29,997
4,757
Total bills-on.hand
32,837 123,459 27,861 16,124 17,023
5,155 49,773 11,102
530
U.S.Government long-term securities
549
1,152
2,241
1,305
5,853
699 ‘ 13,508
U.S.Government short-term securities
2,548
2, 868
2,194
5,550
1,444
1,871
3,361
1,969
* *
366
158 .1, 263
Municipal warrants
l
152
212
15
35,561 130,680 31,116 26,108 20,159
Total earning assets
7,726 66,794 14,999
»
Due from other F. R. Banks - Net
21,209
'
« •
1,941
2,576
3,019
3,595
Uncollected items
_18,879 ._I4J-6I. . 25*827.. 18.502 16.336 10,720 33,109 _1 5 ,8 4 9
Total deductions from gross deposits
95,376 25,897 21,521 18,277 13,296 36,704 15,849
5$ Redempt.Fund ag’ st F.R.Bank Notes
* ♦
All other resources
* *
60
20
117
113 _ ..'107
TOTAL RESOURCES
129,918 809,833 148,867 155,990 76,016 50,450 274,456 80,608
I A B I L I T I E S - .
CT^ital paid in
5,112 12,063
5,276
3,436
7, >401
2,388
3,265
6,367
Government deposits
15,625
2,906 16,077 14,685
46,686
5,716 (b-)267
5,344
Due to members - reserve account
67,504 522,002 60,582 85,080 29,849 23,185 135,342 37,859
Due to nonmember banks-clearing ac'ct.
«
5,000
14,259 32,736 23,878 14,575 19,871
Collection items
5,824 18, 846
9,887
Due to other F. R. Banks - Net
« »
1 ,^ 6
4 *
4 ♦
1,860
* •
« *
6,674
Total gross deposits
' 98,794 562,644 102,397 114 , 31+0 55,436 28,742 200,874 59,764
F.R.Notes in actual circnlation
25,719 213,801 4l,06§ 35,283 17,144 19,320 66,181 17,579
F.R.Bk.Notes in circulation,net liab.
All other liabilities including foreign
Government credits
126
223- 21,.3?5.
TOTAL liabilities
129^18 809,833 148,867 155/990 76,016 50, 1+50 274, 1+56 80,608
_
_
_
_
_
•
•
18,873
Minnls. Kas*Cy« Dallas S.Fran. Total
15,471
7,534 12,077 15,176 470,359
10,260 26,218 11,019 20,298 371,380
1,838
2,100
2,888
52,501
2,625
27,831 36,377 24,934 38,362 894,240
21,418 14,778 16,904 25,143 413,715
341
141
1,333
9,748
55
49,590 52,488 41,979 63,560 1,317,703
276
1,112
136
97
38,314
49,687 52,764 43,091 63, 6961 , 356,017
9,460
8, 608 129,853
5,168
3,724
974
883 12.183
7,183 201,664
4,698 15,791 331,517
10,343 17,351
8, 842
2,429
3,970
1,857
42,935
1,420
1,784
2,220
1,430
28,659
» •
20
204
2.442
51
13,620 28,028 10,118 20,644 405,553
• •
• »
1 ,1 3 5 (a) 19,465
879
8.070 251.374
6.315
.$,1 8 4 16,746
7,663 16,746
9,205 270,839
6,315
400
100
« •
500
*
87
80
267
851
98,018
59,891 93,545 2,033,760
71,057
*
6,631
29,228
3,168
6,850
52,541
26,882
8,482
« «
44,341
24,247
6,730
3,885
2,223
68,344
25,331
2,469
2,750
4,725
♦
(a) Difference between net amounts due from and net amounts due to other F. R. Banks.
a
(b)
26_}b
XOF BUSINESS JULY ->6, 1917.
2,726
38,218
18,923
3,962
18,648
57,657
143,626
4 2 ,29 31, 1.12,347
5,000
5,615 164,588
•
*
66, 5561, 425,561
22,863 527,459
1,175
164
71,057
Overdraft
§8,018
59,891
....
21*208
93 , 5452 ,033,760
R e l e a s e d
f o r
p u
b l i c a t i o n
S u n d a y
m
o r n i n g
S T A T E M E N T
J u l y
O F
8 ,
1 9 1 7 •
F E D E R A L
N o t
R E S E R V E
( i n
F e d e r a l
R e s e r v e
R e c e i v e d
f r o m
R e t u r n e d
t o
C o m
C h a r g e a b l e
I n
h a n d s
I s s u e d
t o
a m o u n t
A g e n t
C
o
f
F
F *
f o r
h e l d
.
a n d
t o
W
F e d e r a l
i t h
m
F -
R .
l i v e r e d
31,720
353,602
57,312
14.500
41,985
20,460
2.530
32,433 . 233,002 42.812
37,045
R e s e r v e
E o a r d
m i n i m
18,660
1,773
2,000
32,433.
F .
.
A
e r c i a l
R .
p a p e 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
F .
R .
N o t e s
10,118
b y
b a n k s
a c t u a l
c i r c u l a t i o n
32,433
6.714
25*219.
W
M
d i s c o u n t e d
u n i c i p a l
w
a n d
a r r a n t s
C h i c a g o
7
.
K a s . C y .
D
27, 3 U0
36,640
^ 2,720
36,920 28,660
944,100
35,496 <27,698 25,143
9,440 j 8,261 . .
784,151
213.426
26.056
5:!Ov7.?5 !
S t . L o
jlj.y„.l.. ..
u i s
M
i n n l s .
28,500
21,562
2.660
30,504
9.205
17 , 9.30 20,468
72,283
.18,202
25.214
29,673 100,783
5,290
a l l a s
S . F
r a n
.
T o t a l
1.9., 411 25,l'--3.
11,110 .
.
953
203,120
22,805
2,022
20,000
1,221
12,880
%
533
61,470
3,365
5^0
10,440
14,102
235
7,500
1,066
6,250
11,060
9.300
7,000
10,195
3,071
10,280
4,557
. _3*29.6
11,278
JL5.31
233.002 42,812
37,045
17,930
20,468
25,214
26,056
19,437 25.141.510,125
7,085
13,735
3,078
3,796
11,568
8,023
137,974 4,220
10,028 2,052
*
27,240
¥
85,000
85,665
9,306
233,002
iqr2oi
213.801
F e d e r a l
R e s e r v e
42,812
37,045
«
3,296
1.744
4lto58
b o u g h t
i t h i n
1 5
1 0 6 , 5 5 7
417
d a y s
1 5
t o
N o t e s
E
72,283 .18*30?
3 0
47,412
923
d a y s
o f
B
3 1
M
O
R
10,459
A
N
D
o u t s t a n d i n g
17,930
1 762
786
3lu281.. 1.ZJL44.
D i s t r i b u t i o n
Bills
I
2,370
1,348
1,^34
4,760 24,190 187,790
.
......
... 157J210
d e
A g e n t
R ,
i n
t l a n t a
36,380 103,100
.
M
F .
I 9
u m
10 f000
m
6 ,
n o t e s :
f u n d
p a p e r ,
c o m
t o
R i c h m
4.940
J U L Y
c e r t i f i c a t e s
T O T A L
o f
C l e v e l .
120.600
B U S I N E S S
A g e n t ,
o u t s t a n d i n g
r e q u i r e d
A m o u n t
i l a .
O F
R .
p t i o n
p t i o n
e r c i a l
P h
C L O S E
l e s s
F .
h a n d
r e d e m
Y .
A T
d o l l a r s )
48 ,000
39,933
7,500
A g e n t
A g e n t
b y
f o r
G o l d
C o m
R .
B a n k
r e d e m
c o i n
o n
R
R .
s e c u r i t y
G o l d
.
N .
A C C O U N T S
o f
435, 0*40 66,900
$50,680
p t r o l l e r
A G E N T S ’
t h o u s a n d s
p t r o l l e r
F .
r e t u r n e d
o l l a t e r a l
a s
t o
B o s t o n
N o t e s :
C o m
X-2b3c
e a r l i e r .
i l l s
t o
20,468
1,148
I 9.. 32O
a n d
6 0
98,797
1,079
W
A
3,364
.
.
162,733
,
a n d
:I n
a c t u a l
1 8 , 902
1 ,3 2 1
66,181 .11*321
72,283
6.102
a r r a n t s
d a y s
4,559
6 l
b y
t o
M
a t u
9 0
74,323
20
c i r c u l a t i o
n .
25,214 2 6 , 0 5 6
725
967
24.247 . . 2 3 a i l
19,437
514
18.923
25,143 570,725
2,280 43.266
22,863 527,45<)
r i t i e s *
d a y s
O v e r
9 0
d a y s
4,428
3
T o t a l
331,517
kj 442
@FedFRASER