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AUDITOR'S REPORT
FEDERAL RESERVE BANK OP MINNEAPOLIS
FOR TEE YEAR 1917.

January 7th,1918,
To the Directors of
Federal Reserve Bank of Minneapolis.
Gentlemen:
I respectfully submit herewith the Auditor!s
Annual Report for the year ending December 31, 1917,
A monthly audit is made of all departments
as far as possible, and continuous audit is made ox
several accounts, particularly the cash and s ecurities
in the Reserve Vault and the Collateral to Government
Deposits. All Liberty Loan Bonds and War Savings Stamps
are also checked in and out and records kept.
Admittance to the Reserve Vault may be had only
when an officer of the bank and the Auditor,or his
assistant, are present, an officer holding the key to the
grill door and the Auditor the combination.
Admittance to any chest in the Reserve Vault is
possible only when three are present. The Governor,
Assistant to the Governor and the Cashier hold the upper
combination and the Assistant Cashiers the lower,
transactions in and out being checked by the Auditing
Department.
Yours fery truly,

0

HH-B




X
Y
Auditor.




IH SS Z

P*»a»
1.

2.
2.
2.
2.
3.
4.
4.
5.
/
7.
8.
9.
10.
11.
12.
13.
14.
15.
16*
17.
18.
18.
19.
20.
21.
22.
23.
24.
2a.
26

Monthly report of proofs and verifications.
Proof Bills Discounted Messers.
Proof Bills Bosgfct in open market.
Proof 0. S. loads and Securities.
Proof Municipal Warrants
Bank Balances - Other Federal Beserve Banks.
Bank Balances * Member Banks
Government Deposits,
Capital Stock.
Earnings for December.
Expenses for Decentoer.
Expenses - Agents Department.
transit Department Disbursements and
Service charges for December.
Liberty X>oan subscriptions and allotments.
Liberty Loan and War savings Expense.
U. S. freas. Certificates of Indebtedness issued.
Average earning assets and rates for December.
Average earning assets and rates by Months*
Gross earnings by Months.
Profit and Loss Account.
Salary Statistics - Liberty Loan and Bank.
Statement of Furniture and Fixture Account,
Statement of Gold Holdings of Baxik and Agent.
Cash Becord - Bank.
Cash Becord - Agents.
Federal Be serve Motes issued for year 1917.
Federal Beserve Botes received from Comptroller.
Acceptances held at close of business December 31f 1917
Bediscounts Member Banks by Sown and States.
Statement of Besoorces.
Statement of Liabilities.

HOHTHI.T REPORT OF PROOFS AID VERIFICATION
BT THE AUDIT DEPARTPWT.
FEDERAL RESERVE B A M OF HIHHSAPOLXS.
Deoonber, 191?.
Data of preceding proof
11/14
11/14
11/14
11/14
11/8?

11/30
Continuous
11/JO

11/0

11/15

11/S
ii/a?

11/8
a/as
7

Weekly

milf
11/30
11/30
11/30

11/30
11/30
ii/a?
11/30
1 1 /3 ?

n/a?

11/3?

1 1 /1 4

11/33
11/30




Date of proof thla south

Bills discountad for mefflbers
Maasbar bank collateral notes
loo apt maom bought
Bill of lading drafts
United States securities
Aooruad interest U*8.securities
Premium account U.S*securities
Municipal obligation®
Bestnre Cash
Tellers1 cash
Ch3ok3 and other cash items
Due from non-mambar banks
Due from member banks-deferrad debit
Du© from depositary banks-Fiscal Agt#
Capital Account
Due to member banks-deferrad oredtt
Ho,of accounts of member banks not
reconciled during month
Accounts with F.R,banks reconciled
(indicate whether daily,weekly ot
monthly)
Suspense and difference accounts
Earned Discounta and Interest:
Bills discounted for members
Acceptances bought
United States securities
Municipal warrants
Unearned Discount and interest 5
Bills discounted members
Acceptances bought
Municipal warrants
Cashier*e oheoks
Expanse oheoks
Ssrvios charges
Fadef&l Reserve Agent *s Department:
Federal Reserve lotes
Gold and lawful money held
Rediscounts and acceptances held
Fiscal Agents Accounts;
Collateral held as security for
U.S.Deposlts
Uberty Bonds & Int*Ctfe*reed*
for exohange and conversion
Miscellaneous accounts;
Liberty Loan Cashier*s checks
War Savings
9
*
Pay roll checks

13/a?
13/a?
13/3?

13/37
Continuous
l ;i/3 S
13/38
U,U?
Continuous
13/10
13/10
13/10
13/36
13/38
13/34
13/18
0
Weekly

Daily
13/38
13/36
13/38
13/38
13/36
13/38
13/36
1 3 /1 8
1 3 /1 8

13/37
Continuous
Continuous
13/3?
1 3 /6

13/18
ia/ia
13/18

M « r teile ooXXatoraX loans
"
* radlsooaats OB hand
tfeaber bar.k rediacoonU soat for
oollaotlon (iMing wtfl-id)
Total

# 1,198,630*
6,387,0m* 14

1.127.
688.33
8,
713,660.47
JL2TL.

Bally avarago aaoimt of rediscounts from aaafcers
Arorago rats of discounts

1916

7,370,500.
4.£23$

1,268,400.
4.804$

A0cmpfur0Ba vaufzsD as of iegmkr 2 7 , X9X7.
Aoosptanoes on hand
Out for ooliaatIon (tain* wrtfi.4)

36X000.
7.678.031.71
8,03*.431.71
....m

Sally average amount of aoeefta&os*
AT«rag« vat* u n u i *ft«p paying oonltsloa

t.

4,703,X00*
3.168

2,154,300.
Z.9
&6%

{felted i t f a loads and Neurit les on Band and Bold
iaca
In Washington ** oXoae of business 9eo« 31,19X7- Continuous Audit*
gar Value.
0*3.$reae*Cert# of Indebtedness dated lor* 30,due June 26t
lil8
f e * Z$ Consol* - loss 1900-1930
tg
Hog* B l H a i M Canal Loan 1506-1936-38
j
Bog* and oottpon 3$ U.i.Loans 1898-19X8
Hog* 3$ Bua^aa Canal I4a& X9X1-1961
Coupon 3 f Cm year 0*$*freasa*y notea
j
Coupon 3 ( Byconversion Bonds X9X6-X946
J
Coupon B$ U.3*0on^rslon Bonds 1917-1947
Bog* 4 Coupon 4> 0*a»Boads
1

000*
3£3,030.
16,260.
X,X99,X80*
300<
X,340,000*
3,200*
111,600*

3,200,540.
4^ Liberty Bonds parehasod sad bdlng soXd to employees
oa aerathly payment plan (Paid to dato #11,480*00)
........E7.930..
Total * * . * * 3,228,490.

■JUHUL
3*11? average amount of ii.J.iiacuritles
Average rate earned

M IL

3,833,400.
2*360

3,013,300*
2*897$

Warrants of States and Munlalpallties
Bold at Clo89 of Business December 31, 19X7 - Paid Jan. 2, 19X8*
-Jif—
■fBt
Treaa* Warrant of Oily of l f Claire,fls*
at
Sally average aaount of warraats
Average rata earned aftor paying ooa&lsslon




leJef.e
t*fStt,
Al.
3%
Jan*2,1918

# 13,380*

--MIL.
133,300*
2*9X8

_J 2 U L
1,£31,300.
2.748$

m u m m »im wmw* aid "bus to » om m wemm L eb^ive bauks
A$ 0X031 OF B3S2SS33 DECMBM 31, 191? AED B10BCBM 31, 1916.

federal Heserre
Bank of...... .

Due froa
1917 _

Due froa

Bus to
1917__

Bat to

355,628.92
1,540,599.88
3,103.46
1,056.83
522.47
2,296.93
202,687.66
5,927.58
45,760.39
12,830.46
49,957*42

151,864.84
1,006,288.58
511,730.78
610,092.38
66,911.55
9V548*99
5,243,485.13
187,152.41
186,150.81
7,032.71
449,376.67

88,145*80
237,022.56
188,921.31
268,168.72
22,425.39
5,619*35
1,407,580.37
134,753.07
183,469.88
11,318.06
5,894*18

2,220,372.00
1,378,625.07

8,449,634.85
2,074,525.79

2,553,318.69
1,793,837.89

14,247,610*72

Deferred

1,021,741.17
5,460,688.79
855,921.03
63,293.17
3,820.87
1,822.38
3,363,388.38
151,402.54
143,062*34
34,734.57
183,182*95
11,283,058.19
1,964,552.53

Boston
Itw York
Philadelphia
Cleveland
Hlohmond
Atlanta
Chicago
St* Loult
Kansas City
Balias
San Franciseo

3,598,997.07

10,524,160.64

4,347,156.58

the balances due at have been oheoked and found oorreot.
balances

^tateiaexits of

dm to other ifeder&l Beserre Basics have been forwarded and will bo

up until verified*

followed

Accounts with other federal Besenre Basks are reconciled once

a week tad copy of reconcilement forwarded to the different ban*®.
Accounts of Member and Eon-aaabor Banks wore verified as of Deoenfeer 31,
1917 sad found to be 1 control with balances In General Ledger.
b

Daily statements are

rendered and reconcilement asked for and received from eadh Back at &e olose of
business each month.




m 9o m
27,662
29,201
29t985
29,198
29,893

lf i y
y tw fn
February
Itaelt
April
2e
fy
Jxms

149380K
U tS13
IS,050
15,382
17,621
19,129

July
August
oapt.
October
Kovo&b&r

Airarag# Balaooe 1916
Avmmm
1917

35,786M
37*442
38,888
42,196
43,696
4%li0
34,40514-

mam bmk mumm m mims omm m business vm
m
Iywf
Ha.

19,605a
20,406
21,490
22,773
26,801
29,670

« m?

jaM,

l t8199598*a2

191S69669#84

1# Bale,

23f97atd99«a?

itfMMtMB
3f0X$td08«d&

s. sb*
viao*

tat*

Balance a© shovs Qm&ml M & s m * • # •

3t6O4t30&#27
4»m«fi@0»40
1,466*009.09

2,37MIQ»0t
a«mft8oa#i^
2#766f640#87

409476t91S#31

29,534,961*87

Ok JanuGry Bf 19X7 tb® deposits war© redaood §1,700,219,92 th«mgh the traneftofiag of 52 mBGOmZn Banin to tb» ®iioago distrtot* fhls acooxmte for t w lose la
li
deposit* for Hie etat# of Wiaoonsin over the $&®t 1W&»
$hl& nakes a gain in ro*orvo*
f c 1917 of $129*9M?3«3* « m & m % gain of
fr
A laargn p ut of tM*
gain in m m m m i* tam$at about l y th§ fact that Hamfcor Banks ar© now r«<|ulr®4 to
a
m m f their total reaorroa with tho Podaral Boaorvo 3on&*
f
*&mL
Sj3i

ilfaw
fflftxy
Fobroary
laroi*
April
’Jay
Stm




I f SHE.♦■ O f P I 1 S &SASBS BY M K Z S .^L916 * 1917
fi
.> f B ! ? B
»»
OIH.
*

..1917.._ .... J isii
2,35834
mm
It4l2
mm
981
m
3,069
457
3,660
8,827

618
748

^tOy
August
SG
ptofi&ar
October
Ifovesnbor
Bmnfetr

Bally asronkg# for tii® yoar 1916
Dally averag© for tho yoar 1917

1917 „
6,503M
4t397
3,018
69U 3
10,483
7,728
704*000.
4,946,000*

UM.
77m
968
3*066
1*031
039
860

total capital e c c c at the close of business Daeeralioy 31# 1917 #2*612*450*00
fof

B%Mk im&mm proved md verified wit& gomiral Xa%»r*
FAMtm mm s of c&i>mL stem mr> m tm m m *

ie# of
Banka

State
Michigan
Ht
&
mXWBmm&Wm
i a t n j i j i i jhl ^» jffk

33

m

Stock
Hold

M*# paid to

m&* m i

3mm 30-16*

fa i m » i ?
c

139,700*

11,154.17

ia,uo.u

23,304*32

130,359.62

240*993*3®

1,042,030*

Total DiT* paid
to SMU 31.1917. A

116

322,100*

20*813*07

24,665.49

45*473*88

t* Bakota

162

260,230*

20*172*88

22,686.78

42,838*43

s* Dakota

128

227,100*

18,687*12

19,440,43

36,012*53

Wisconsin

as

12X.2S0*

*22*196*01

I0.74S.71

352,940*72

773

2.612.450.

820,066.06

423*595*9®

Totals

*

w n F ^ y 'w

Mvideiida paid to iyieoo&slii tanks tfkioh wire tiMefswed to the

Chicago District are iacludod In the .ibove figures and amount to #13*332*89*

fit® total capital itode at the dose of business Dooeober 31t 1918

m e £2*608*900, and t m total number of stockholder© 760* On Jamary Bt 1917#
l
52 fieofltwim tank** with capital stoofc sootmting to #229*400*, were transferred
to the CMoa^o District leading a iota of 708 stockholders with capital stock

holdings m m m U m to |2*3?9*500*

fhie sa&ns a gain for the | W 1917 of 65

stockholders and $232,950* in capital stock, or a not gain over December & *
1916 of 13 stockholders and #3,580* in capital stock*

She aiost icfcioeoble

gain in m l w of ©tocMiOldors is the State of Montana with a not gain of 41,
and the state of Minnesota shows a not fain of $137*700* in capital stools*




■MMtWB Of i m 8B8B8AL BE3®?S M M Of
fob q b

m o m

of

m ?

ToKal

AO t i SJBfN
wt
Jflp
Jan^ L M 7

‘ P** ¥ ll
a
Jgarlcd
W

JJULi....

bxft
atri

Bill* $t

MiXIs &i*0 otmt»& • Mackare

41f243,6B

AeoeptceuMMi bou^s i * © a * aark®t
s ps

38*368*tl

3 H f;575*S4

and Fed. Res. Banks

m 9m * m

IOtKit}
^&Blit1
U« s. Ban&s sm& $*•**»? notos,

69,266.49

103*98

Hemielp&i i^sarimts'

4,479.62

34#26?*0$

45,902.63

23,538.51

•Zramt&r ~ t#t earning

&9m

Daficicmt m m r m pamltl®* (iiujlu&ijag 1st |

1*296*J S
#

4#
4C7.90

Sundry profits

2f98S*22

9.435.95

Stetol fir

?ot&l Oiuoa
3agul*mf

u w

$0t&l Bawxiis^i . . * • « •

jjj

Coat of
FfBc^ia^r (p^r*
®8®SB
W
SNt WSSB§ S E o U j i r &&*
Jtldt^
wassaee* fa«w»
««ni &ts*!

1*369.62

3a*<m*a0

1#573#8S

4,765.01

60*67

SOt&l 6M»»

8,541.47

Cost of ftamitara and eqalpnotttt
l^urnltui’ H ?IxttU^s
S i
Machiaas
Othar
Total oo«t of fooroltaire
andequipraamt. * * • * # » * * . * .

JUi
2,810.80

X4.69I.06

66.Q6S.2S

Mrldanfl* ocaniad also, sad of lost illvldond period to oad of Beosobar 291? - $220,068*08




CURHI1T EXPENSES OF THE FEDERAL RS8HRVE BANK OF MI1IEAFOLIS
FOR THE MOHTH OF DECEMBER 1917.
Total
for
Month
I.

Total
since

Same
Period
. - I M . _..
. .2

EXPENSES OF OPERATION.

Assessments a/o expanses F.R.Board
905.38
(monthly proportion)
Federal Adviaory Council (fees and
traveling expenses)
0
Governors•conferences (including:
163.41
traveling expanses)
F.R.Agents1 conferences (including
traveling expenses)
4,150.08
Slaxiaa: Bank offioers
4,515.49
Clerical staff
Special offioers and
watchmen
115.
All other
350.
directors* fees
Per diem allowance
70.
Travelioi expenses
147.S3
Officers1 and clerks1 traveling
expenses
Legal fees
135
471.67
Rent
Taxes and fire insurance
10.40
Telephone
406.80
83.89
Telegraph
Postil*
1*794.69
Expressage
599.53
Insurance and pram luma on
530.49
fidelity bonds
1,958.53
Printing and stationery
Repairs and alterations
838.61
All other expenses*n.s.including
exchange paid
.1,393,.80..
Total expenses of operation
Liberty Loan Campaign
adjustment

10#190,14

634.66

417,39
36*634.93
39*376.59

1*668.80
815.90
3*740.
©40.
1*506.36

1*311.30
78.
3*100.
990.
1*485.86

361.87
1*500
5*680.04
74.44
1*030.89
898.50
6*551.63
5*030,36

1*144.55
1*500.
6*955.04
0
568.30
399.10
8*156.55
533.94

3,069.71
7*474.63
1*367.33

1*731.39
6*197*93
719,47
.
.

134*334.03

II. IOT1 ISSUES.

43,381.30

1*354.53

III. DEPRECIATION CHARGES.

Total currant expenses




1*391.56

113.90
37,101.38
31*935.78 ,

...

Furniture and equipment

743.50

150.

18*388.16

Cost of Federal Reserve Currency issued
by bank during month (including
expressage* insurance*etc)
3, 893,33
Mls o eU aneous charges a/o not®
issues (including taxes on
Federal Reserve B **% note circul­
154.69
ation

8*963.07

400i

4.800,

35,535.1?

173,631.55

105*355.30




gamm m -

of

(&k&uded in cui*m& <mpmxtto)

?Wlf l
f

‘
TlWiiliWTn
80*50

Mf At
tt f

■0rW0t
®WtNf
fyfyyffl^ ^
|

^TffT
ffl'^

SSMB

#PR|W(f'fP--lFTw

m m trn

i#
4?&*n
mo*oo

»Pw P f P P l r

II^MMi

< m n ^ m & 'm w n & k

MM*

^mwllssg

3?tal«*»***««*«»#»»+*****•«*** b^

SMw&t

I8ll
$Mfl

sg *!^

M-©si*7a
pP.jP'VW * "
* f | 'w

8

smjffiis aPAaKHRf, m m & hbssrvh a m as u m m zo tis
BmPfim

M.f^ lTTTtT
t
llm

fj
op

of

1917#

Stotal £or

Total aiaoo
Jim.3Umy

M^ o e

83*799*00

1 SECTSES O r (0SBI9101#
f
Sal&ria*t Clerical staff

a6ofoo

M U rpS© »
i
Bostag!*
p f t t f i oa fl&illtjf bo&dte
ployfm
BptoSiteB ^

sf & c o i s ^
cfitixf

4 ; 0thd2* $Xp@ElSd8t
|1

6*00

SQ#00

1*150*00

f x © iftfilO
i " RftlXO

3,000*00

5*00

iBl
wX#

48*00
J |rt MM
f *tf Hi
c |fc
j
tfwJiii

65*00

656*00

-U6*1Q

4 *180 ,7 ?

69.65

m^m

4*948*09

41*361*13

315.00

3*100*00

5*5860*89

44*461*13

mrrto* c&harge#* a s axsr basic**
sa

3*330*80

32*021*16

Sarvio© aharg«sf ot&ar Fed# Bsaarra Bank##

a#10S*14

£0y54£*B4

6*438.94

53*363*40
»*l* **mpw
•*
>

$9$ftl f
iaQWMraHS Of O ® & i f t
pPtClt
ix# m ^ m o m i m m m m *
FttnR&tan

•qta^pmat

t o c l dis'bursajsonis
Df&
m » wmim m m m *

^
ofeal sorrlo® €&w®M

mrvlm m w m * paid othwr F«d* M m r m 3saHti




603*73
4*832*21

2.772.71
4P mw* •
PM w* »
W
p

9

60*800*69

k U L JL i .I I,.k S i J U U
,
L

Fiuf i m i .
■uubaorlp t o i
lia
67,780,450*
Allotments
Slid OB Allotaant*
B&laaoa due from subscribers

49,509,050.
4a.S0Q.lBl.
8,669*

P*llaoi»«nt »ab«crHmr».

Qaltooua State Bank, Mlanoapolta, linn#
Waltsr Mallory, St.Baal, Minn*
W. p# Xroasaln, MlsnaapolU, H ub *
Iftnoan 3tat« Bank, Kraalia, Moat*
First 3tata 3asfc, Bovbella, I*D*
Coulaa 3tata Bank, J3oulea, S.2.
tfortuna itata Ban*, fortana, f X *
*>
S. A* Randolph, Soraaton, & I *
.>
Int3ratate Bask* Saatiaal Butta , $ i *
#>
Undarwood dtata B a c tftidarwood, I.D*
af,
L. f* Barsa, Saalt St#* laria, Oa&ada




Z$
Sapfid
3aba«srl»ti®&a laid
160.
3*
60.
1*
100.
2*
i*
400*
50*
2,
300*
*4.
1,200*
2*
100.
60*
1*
2,
600*
60*
30*
1,
600.
600*
10*

Balanoa
.ml
147*
49*
96*
392*
2,
400*
1,176.
98*
49*
2,
460*
1,
470*
if,Ck
...

...

8,869#
Bonds rood* from Traaaasy Dajartment
Xtelivarad to stibsorifears
3arr@ndarod for oonrarsion to *%

32,174,300.
29,142,600*
2,315,700.

Ixitarla Certa* rood, from £raaa.i)ept#
DaliTurad to sabseribars
Sarrandarad for oouvaraioa

62,
869,900*
49,
600,
000*
10,
233.
500*

aSQCMB L A f
Of.
Sabaoriptiona
140,601,
060*
Allotaaata
131,
763,
950*
Paid cm Allotaants
..............
Balanoa d m froa aabaorlbara

19,104,946*

Bonds recatrad froa Sraaaauy Department
Dallv^rad to subscribers
Surronderod for ooavaraIon to 4^

63t600,
000*
41,916,900*
10,
233,
600*

z t w L jm

£x£*a«t for
Postag®
Printing A Stationary
Publicity
Salaries
ft1•$'!»«# £
fimvtliag £xf-»n«t»

100*00

1,26^*16

fdtal tt-ti*
fjfft

Vouch&re #tSll
____

4,740.28
13,ff4*4©
5,131.12
1,564*00
17,514.42
221.96
934.52

10.5$

1,531.10

1,372.81

S$»ij«#iit
fspr*Mag*
Foatag«
Printing A Stmtiensry
miititjr
R*nt
Salari»8
f»l§l>fton» 4 T«l»gr&jh
Trawling X*$»&s*t
Mi8C3ll%-.«oua

JUMQwrvd Iron
.JmwuaJtelt

45,436.80

41,340.79

4,Go6*01

18,870.29

47,«U.72

js is m JAIL623.69
1,016.16
31.93
318*10
233.90
3,511.03
1,122.64
15,540.64
13,069.69
325.54
885*66
313.33
5,426.17
16,243.12
337.06
1,352*19
367*a#
2,579.09
1,136.35
3,365,93
9,958.47

53,783.01

Xdvmevd to Co&ftitt*** • • .
Liberty tmn Ixf«A«t, For® 34

___ u m

m

Iff, m l n

IAR 8AVf^Qg
Sai-ariaa




139.1$

329.16

329.16

m

b.

(o*
W>.

Allot.
t«

tm

B®#

♦
tt

1 Q W to

•
t®

It©* S&tMl
dofe« Allots#

*»*
an%*

scon

5d
04

8.000*000,
gg0,000*

99

m

tio.ooo,

q f A AIKI
ri
#«V|WV«

io

£0*000*

i

10

#

II

it

7
496,000.

smooo,

IT

-*000*

80*000*

lfOt§00*

126,000*

180*000
3

S«rpt I f

178*000*
1 #0 W _

is

m
tm

0©t« 18 1*101*000*

180*000.
70S,000*

i*t 08*000.

O0t 14

840*000*

600*000*

Mm m

its,

liO*000*

filiml®




I

eei.ooo.

1*0§&*00O*

Si

T

m

4*891*000*

s
©

888*000
&
1 *040*000
fy
t
1 *176*000
38
@40*000
If
180*000
7

4,413,000*
iff

8*878*000*
18f

•

188*000

10

000

0
*

,

8*000*000*

1

»

*000 .

182

f

*twvv«

1
1,660,000*

800*000*
4

11

1.463 *VW«
*

000 *

10t

1
8,025,000*

8*000*000*

1

41

8* 000* 000*

7*000*000*

3,450,000*

§*§41*000*

1,000,000*

f

14

8*808*000*

1

. 000#

1,

♦

f*v*O*O00*
T,

73

tm

I*4

000*

*
8, ^ . * w ^ *

83

6, , *
200 000
3,700,000*

1

i
§§0.000#

£2

8
S

i

20

8*400*000#

2,800,000*

000*

46
4

478*000*
*

1

4,600,000*

1.140

i

4

8*000*000*

14,S96,^w*

24

If

* * * * # * * ♦ ' * * - * # * * * * - * • * * # * * * • * ♦ # * * # * *

SRt&S&XllNHMI & H |p?#'S|>0 * * * * * * * * • * * * * * • • « * * * • * • • * • * • * • • •

•

1236

4

A E & H mOW? 07 E C CUSS O K H O ASSETS
VBO
AH
F A SIB
im.n BY THE WTiHir. BESB8SB m y OF JQHHEirQlIS
S m tim S AHD BATES OF EAEH'TIGE (LESS COHHiSGIOBS)

IHT.KBOR FOB 5ES i&jrm OP SStJUUBR 1917,

Atoxi^i during

As?

iKt9l
&f3>

Bills Disootm'fcod « S a b B W
* ssiP

6«223t70Q*

30.926*53

4*414

A0i>&tif
0fftt£6l

9*600*200*

aa*366*m

3*476

0* s* Boaaa aaA somiritl©»

3 ,,m tsoo.

f9m *m

S.33&

25*400*

102*92

4 *m

4*356*600.

10*417,38

2*616

atT.R3fl.lflO*

76*345*96

3*681

^cmioli&l VasvttKli
Eddleoomtft for other
M m l B o s o m Bonlca




w ( | W 4 W VI

AVERAGE HOLD!SOS Or EARSIHO AS3ETTS ST U08THS.
Bills Disoountad

Janu ary
Fabruary
MarolJ
April

1
Jay
Juno
July

Aug.
8«pt.
Oot»

tv
o,

Dao.

_
_

&

from.

Warrants

Total

6.435.500
8,786,000
5.833.500
S ,387,300
4.149.900
1,371,800
744,600
1,410,700
3.238.900
3.483.600
8.740.600
a.flSiijjgft,

3.101.300
3.396.100
3,665,500
5.188.300
5,306,200
5,131,000
3,639,900
3,364,600
3,649,700
4,363,800
3.851.100
5.314.300

550,500
539,100
330,600
176,700
173,900
26,300

7,370,500

4,703,100

3.833,400

153,500

16,060,500

1,363,400

3,154,300

3,016,300

1,351,300

7,689,400

1,309,200
3.318.400
1.511.400
5,002,500
8,704,900
10,301*700
13.370.300
13,433,SOD
8,319,100
13.687.300

Avarago

1917
Average
1916

B?S.Bonds

Acosptanoas

1,400
11,500
35,400

11.833.300
13.167.600
10.331.000
13,375,100
14.634.500
13.533.000
14.576.300
17.045.600
19.303.500
16.168.300
35.314.300

35**00

AVERAGE RATi; OP EARSISB8 87 liOSTHS OS ABOVS IW2STED TOHDS.
Bills Disoountad for

Aooaptanoea

U.S.Bonds
& Traas.

s a®bar©
i
4 *494 $
4.363
4*611

3*933

4*130

3 .0 3 7

M&f

4* 158
4.047
4.305
4.46 5
4.483
4*358
3*339

3*386
3*187

3*303

3 .0 6 1

3 .6 0 8

3 .9 3 8

AVCr&g©
1917

-..... ..................................

3*583$
3*794

3*845$
3.153

3*557
3*378

.......................

3.079
3*307
3.4M-

—

3.034$
3.163
3*305

3*548
3*698
3 *-749
3*705
3a533

3*60
0
0
3.311
4*887
4*773
4.771

3.979
3*301
3* SIS
3*831
3*974
3*935
3*683
3*493
3 •539

3.409

3*170

3 .0 8 7 $
3*931
3*934
3*700
3*678

4*33

3,15

2156 -

3.91

3*50

4 .0 0

8*33

3*33

3*75

3*79

Armm®
1916

Total

Botes

January
February
March
April
June
July
Aug.
Stpt.
Dot.
Bor*
Dec.

Warrants




J&mber hank
Jan.
Pl.
ai
Mar.
Apr.
l&y
June
Jaly
Aug.
Sept.
Oot.
Hot *
Deo.

AooeptU.3*B©nde
asusse
- .4 motes.
.

Warrants

Sundry
.. . r f t t . _
.X&Lf..

Xotal

6,906.19
7,4X7.12
6,918.52
8,554.49
17,984.40
22,301.49
37,659.72
45,747*35
45,762.64
30,791.24
40,069.83
41.243.85

15,519.41
15,225*30
15,591.46
13,404.23
11,933*80
4,379.74
1,935.99
3,507.85
8,414*58
6,492.01
23,757*40
_ 28.368*91

6,804*45
5,692*49
5,788*22
10,143*05
10,181*64
10,141*34
7,819*06
7,281.98
8,093*96
10,111.21
8,750.48
7.128*28

1,396.71
1,185*70
796*47
391*80
400.34
54*
0
0
4*26
47*82
99*60
- 10t*M_

1,495.11
1,789.75
2,999*35
1,578.24
2,683*87
3,075*80
1,997*09
3,288.84
7,958*64
11,246*08
11,158*20
JL6.745.17

32,110*87
31,310*36
31,094.02
34,081*81
43,184*05
39,952*37
49,421.86
60,826*02
70,234.08
58,683*36
83,835.51
93.569*13

2otal 311,376.84

148,530.68

97,936.16

4,479*62

66,016*14

628,338*44

Avorage monthly earnings for year
*
*
»
expenses * *
* *
” net profits per t o t e ” H
anf
» anoant of dividends per month for year

.m y .. .....___
19,842*39
££,361*53
............
37,893*07
10,515*90
12,225*28

Average monthly earn Inge last half of year
»
»
w
expenses * * * *
* * * *
M net profits per month last half of year

26,430*84
69,432.50
....UJUdft...JM t t a l L 16,781*41
50,651*38

Average cost per monthIbr Fad. l e * Kotes
is
Hate per oent earned on oapltal stook for year




3,531*77

822.17

18*12

5*16

m a n y a n Loaa Aooomre i 9i 7

y»d»r»I aw.rr. Bufc o* mnnMnoif.

Oroaa Earnings for 1917,
From X>iaoouat8~-l§M8feer8 and Federal Beaarve Banka
frm Aooeptanoea
fro® Hal tad «Hataa Neurit lea
froai iamnti
froai Interest oa fraaafera Bought and * > d
*l
Fro® Penalties Dafloient Seaorvea
Fro» 3undry Prof1t
a
-froa aanrloa Cfeargaa

f 311,375.84
148,880*68
97,986.16
4,479*62
48,982*88
4,467*80
9,488*98
6ll29.86 , c

Total.... ........ *............... ........ ............. .
Expense of Operation of bank propar
f
Coat of Federal Eeaarra Ourraaogr issued (including
express, insurance, etc.)
Miaeellaneous charges &/o note iaauaa
Depreeiati'n on furniture and equipment (§400* par j o t i
aat)

.

$ 628,888*44

128,088*73
42,881*80
1,884*82
4.800*00

total...... ......................... *.... ..............................
Bit parsings for T w

....... ......... .

484,716*89

Profit and Loss January 1, 1917 ••....... ........ ........... * ... M M hJf,
Total .......... *.... ....... ................... .......... .

#499,288*16

Laaa the following ltema oharged offi
Difference of aooouat
Balaaoe of ftiraitttre and fIxturas
Depreciation on Vault
Reduction of Boada to Haricot Value
Eeeerred for aferaaion on Oold

18*87
82,864*28
4,000.00
18,000*00

ATalUbl* for SlTldmda

&MRUNL
.#441, 1TB.64

BlTtdands p.lli
Oat* p»14 Jan. 30. 1917. parlod oororad July 1, 1916,
t Jon* 30. 1916,
o
148,821*01
Data paid 3e*emfeer 29, 1917, period covered J&ly 1,
1916, to .December 31, 1917,
220,088*08
18*13
1sterast paid oa stoak surrendered
Paid Federal aaaerva Bank: Chicago to adjast book
value of wiaoonain banka traaferred
Balance Profit aad Loss January 1, 1918 ............. | 78,187*18




1*?

Month

Suabar of

Salaries

__________________ ft&gEMBI
May
June
JUlJ
Aug.
Sapt.
Oat.
Sw.
°so*

Average

? & * ■ * _________ Salarla,

10
332.64
30
3,110,06
SO
3,689.76
41
3,357.74
30
3,588,14
51
3,530.40
S3
4,530.87
.. - 5 2 ______________ §A,gaa«ii___________

Totals

. . 1 . .

314

36,150.53

90.00
70.33
73.80
81.90
86.37
60.03
88.88
83.38

Bonus paid in Dscambcr ino ludad in abovs figures
fi,§85,i5
Avar&g# number of d a r k ® 191? 39
k m x m ® monthly salary of
clerks, 191?
163,38

9niQJ&l&MJ3k
Mo

No.of
ploytss

Jan,
Fab.
Mar.
Apr.
lay
June
Jtely
Aug,
Sept«
Oct,
Sov,
mo.

54
55
55
54
SO
58
8?
73
73
85
85
m

Totals 803

Officcr©
S&X&rias

Oltrks
Salaxi#®

total
Salaries

3,791.66
3,791.86
3,791.66
3,875,00
3,875.00
3*875*00
3,300,00
3,875.00
3,875.00
3,135,00
3,876.34
4*1M*M

3,640.84
3,734.59
3,734.98
3,746.83
3,817.89
3,658.49
8,094,93
4,344.94
4,519,67
5,870,09
5,110.99
7,470.55

6,43S,S0
6,516.35
6,516.64
6,631.83
6,693,89
6, 533,§9
9,394.93
7,219,94
7,394.67
8,995,09
8,987.33
11.620.61

37,101.38

55,734.78

93,836.16

Racovarad
frots fran*
sit dtp t.
1,819,17
1,870,41
1,773,50
1*793,6?
1,840,63
1,630.84
3,684.36
1,861.53
1,698,01
1,757.34
0,135.59
33,799,00

Avtragt mlary officers
l?r 4 »
v*, W
108.48
108.48
m*i!
111.58
113.84
138.73
98.90
103.70
105.83
105.73
115,60

Bonus paid in JUly and U#ot®bir amounting to $5,311,13
included in above tabla.

Avarag* nwatbtr of officers and d a r k ®
191?
6?
Avarag© »onthly salary of off icers and d a r k ® 1917
$115*60




suvmn

or fdbkiwrs ash iquimiT ( iscuraiso vault )
..MWHB..iQMt coats im mmcuno* sires opnire

furnifcurs ml
iaiinwt

fatal
Purchased

poe
rpr

For bank
For transit 4a-

Balatiea Aa
as&aial.,-^

Charged off
ILJUU

$t2#X9a>oi

pmttmnt
Vault
Total /.***•**■«**** •

39,318.25
*..*.«

32,364*25

| 79,318*25

^ J U SEs B.
I 36,564.25

x#
■tfga
Iatg$ 89*901.

oou> mtmnm or t o bahk asb t o vfeDflitL Hismvi aqsr
01*031 Of BU3ZSS88 2K0SKBSR 31, lflf AS eOMPlBIO fO CLOSS OF DBIIIS^
Bank 191$

Bank 1917
(Jol* eoia
Oaii Cartilicatsa

Starling gold aeaeaat
Soli *aiti«®aist fund
Geld :rtd#a$tla& fuiid

* #6$9fOQO*

Sold fioia

8.371.000.
3 .100.000.
19,4-6,000*

?0#,000*

0ol4 eartificataa

7,S3t,OQO*
o
Oold 33tt2aE:8nt fund 7,064,000*
$3T,424,®00 Gold r»d«vUon fund „.J£»2Q£|i.I X5,S3t#OO0

Ai®at 191$

Agont 19X7
Gold eoin
0ol4
Oold
fund
&old r»dM$tlon fynd

Qritt
vttmm

31,191*

3,000,000#
Oold coin
3,000,000.
10,102,000*
Gold ft#rttll«ata»
1®,230,000.
18,500,000*
Gold sottltalttt fund 4,S$Ot
OOO*
LQQO^ If.f10.000 O ld
fund, lfOQ4,.C*X\
..

i • ...................
Grand total • • * « «

$ 70,334,000 . . " * . * . * . • . .

.

>4M#OQO
3**313*000

ATtragS HaXanea in Gold Sattloaont Fuad of tek during 19X7 «•*«••*$ ##44t,O00
Averts Salavat in Ooid Sattloaant Fund of Agaat during 1 17 * • . • 7#83$,000
fh# Xarg* gain in Oold Holdings aa rapraaantad -hf balanoa i& Oold SottXoaoat.
Fund *a« built i| i» !art by th® ahlpsont
»
■

to

mib»tremaury at Chicago of I 15,100,000

im

Oold oariiflottos tr m this ba»k* Transfars for th# CMrornMat as wall m aaad of v*ult
roam, wot* th® sain oatttoa for'-our afeippini> Our gala la gold eeia Mid eartiftoatan ©tar
191* ia $ #,100,000 leaking a total withdrawal of $ 21,700,000 la gold ®oia and dortlfiftatttf
froa our own district banks.
icma with othar districts,

fha additional gain in gold r®pra##«t« thi M t ol traaaatV
Attantioa it also drawn

to

t c fait - h t unfit not#a of thia
fa
ta

bank to thf m ount ol $ 9,000,000 woro charged against our Oold Haaaftpiion Funa at faahing*
ton during 1917*
All goXd aartlfiaataa ropraaaating funda hold at faahisgtoa f r tha FtdfsraX
o,
Easartw lanka and th# Ftdoral Eatanr® Agaata* art in tha ©wttody of tha fr^^i»ry Bapart^
ifft aad so varifiaation la
&ti




em&9 by tha Auditors @f tha Fodaral Raaarva Banka*

CAff HBCOBD
f?
F S E i I HBSEB7E B& S OW MXH3®U?01*XS
jDEI*
iC
m m m m si* m ?

C i>arto®
oata^

Gold
Ptito

D
IS

SilW &

2,000,000#
4*775*000#

1*190*008*

100*000*
45,000#

1,180,000*
430,000.
1,195,000.
1,240*000*
1,535,000.
6,440,000*

6,775*000,

1,190,000.

975*000*

554*000*

354*000*

248*950*
33*300#

Bd®# Hot#»
S i l w Osrtifioat*®

285.315*
984
5,000#

272*470#

0*091*38

180*050#
21*940*
28*605*
189*361*
45.25

576,650.36

652,471.25

Bafcl & otls«r F#B#3S notos
e
fetal Cash

830 *000*
010 000
2t000t
000.
5*9*6*000#
354*000#
100,000.
45,000*
1*180*000#
430*000#
1 *195 * *
000
1,340,000,
1,£85,000,

15,734,000.

gotala

.p^3~r-r
^ijP .
00Id Coin
Gold 0art# 3earor
Sold €$rt* Order

Totals

,.

030,000#
010,000*

14
10
17

B
O
22
23
24
m
u
27
Sotsls

Federal
Hold Cart.
g
-Jfcfc*— * IfotQ

Gold Go*t*

6*440*000.
6,775*000#
1,190,000.
9EU0O0#
. 209*000*
145,000.

&9m 9m .
7,080,770*
1,190,000.
1*4£0*865.
B3M®4*
179*105
169*381#
£,136.61

18*734*000*

16,963,121*61

OontJUmoiis iKidit Is Seopt on all cash In Bosarre ?smlt* th» Mditiz® Ifcpartaaant
Holding the coKfolnaUon to t o grill door m the f e s r a tealt ©ad all
fa
out are

ohmlm&t




ffae pacing ®ad raceiirlng tollom oaoh m s vortfiod

In and

m Tmm&mr 15th*

flim & L BB3ERYB V0XB3 HELD BT AOW?

J & !*

Jtt.* *

J&lg.

m i

I

$601

660M

z

SOM

@0

3

1,040

1,04011
lt840II

5

620M

910M

1,260

7

8

3,270
1.280
760

m
1.500M

29320M

XfS40M

910M

520M

7,09011

19M 1
.

4

5f
00031

X9
000M

6,00011

S

1,240

29862

4,102

9

1*00011

1,000

30

1,00GM

1,000

E

jusasL.
3f
ooaii

6,24011

3y8621i

ftodisoomit bold to secure notes
At Ag«nt« orodit with J e * Bes. Board
?d
At Agouti orodit in aedoaptlon Jftm
d
Total Gold held
Total fed. Bosorro notas bold
Total F$d« Hoserra notea destroyed
total * • • • • • • » •
lotes rooel'rad froa Controller to 12/3l/l7




Excess with igoat

13,10EIC

18,893,062.19
18,600,000.00
1,307,950.00
13,102,000.00
7,090*000.00
66,777,562.19
797,562*19

FEDERAL RESERVE NOTES ISSUE FOR YEAR 1917,
5's

|
New
Used

Total
9,700,000,
3,000,000.

50*s

$
New
Used

$11,700,000.

Total

700,000
80,000

£780,000

100*8

10*8

New
Used

14,480,000.
0

14,480,000,

New
Used

13,960,000.
1,000,000.

13,960,000.

30*s

New 1, 170,000.
Used
140,000.

1,310,000
Total
New 39, 010,000.
Used 3, 330,000. 43,330,000

During the Year 1917, a total of $39,010,000 in new Federal
Reserve Notes was issued, or double the combined issue of 1815 and 1916*
Approximately $10,000,000 of our note issue has been destroyed at
Washington,

There was a very material change in the denominations of

notes issued during the year, 50$ more 10fs being issued than 5*s,and
34$ more 30*s than 5*s.

The percentage of 50's and 100*8 issued was

also much greater than in former years.

Total cost of all notes issued

during the year charged to expense, was $43,735,83. Had the percentage
of notes issued during 1917 remained the same as previous years, our
note cost would have been at least $10,000 greater. The notes of larger
denomination were used in part to replace gold reserve held by country
banks and sent us upon request.

Total cost of all Federal Reserve Notes

issued since opening of bank $73,303,15,
Under the present arrangement with the Federal Reserve Board, our
order for notes to be held in reserve at Washington and in the Sub-Treasury
at Chicago, is automatically maintained at $50,000,000, The table below
indicates where our surplus notes are held and the various denominations:
Held in Sub-Treasury at Chicago.
5 *s
|5,S00,000

10fs
$1,960,000

30*s
$1,840,000

50*s
$800,000

100*s
Total
$800,000 $10,000,000

Held at Washington (Prepared) or in Transit.
5's
$5,480,000

10's
3,380,000

S0'3
3,530,000

50's
1,300,000

100's
Total
1,300,000 14,080,000

Being Printed at Washington.
5's
$8,530,000




10*8
10,330,000

30's
6,480,000

50's
300,000

100's
Total
400,000 35.930,000
$50,000,000
o s

laoord of fadoral I j g i m Iotaa raoalyad trm tha CoaptrolXar of tha CurransT
alnoe cpwilng cf Bank, Araottnta laanad, Ralaauad and Daatroyad aa if SjBgfeir 31, 19iy.

laealvai
fp©a
liSIS*. Comptroller

Sattaraad ta
Agont
l&nfe

Isanad to

Raieeuad to
ffw
ttV

{*!«•>

iw9*y

B a tu m i fcf
Agent for
Baatractioa

wa nmi

$

19,700,000.

5,937,005.

18,300,000.

2,882,000.

8,055,000.

1,500,000.

w

24,240,000.

8,470,000.

21,920,000.

775,000.

1,698,000.

2,320,000.

20

30,240,000,

1,895,000.

18,400,000.

1,855,000.

640,000.

1,840,000.

m

1,400,000.

140,000.

880,000.

130,000.

10,000.

520,000.

180.000.

10.000.

§10.006.

5,288,000.

5,410,000.

7,090,000.

m

8.400,000.

67,980,000.

10,632,000.

60,890,000.

Oor unfit notaa raturned to
Traatmrar of i i Unitad Stataa
la

Our unfit notae retumad to
.UOIflrOiiw
___ _

s

1 ,809, .
005

1,005,560.

20

•tt#5to*

6f¥,045.

m

374,000.

335,430.

0*

8,900.

m

ISO.

m

8,484,685.

total notes daatroyad to
,,„ in..
n

2,039,425.

fatal aetaa in circulation
^if.1917 ■ .C h ,.i m i l
* m
.
mem.

5.569.565.

la,980,485.

m

3.223.565.

IB,696,435.

m

1,349,420.

17,050.580.

18,900.

ati#ioo*

5

90
ICO




i l*4.licU
u>^T.4fS
9,884,050.

51,005,950.

^

o

,V.

STATKKSHT OF ACCEPTAICES HELD
AT CLOSE OF BB8XSE38
DECEMBER 31,1917,
Federal Reserve Bank of Minneapolis

Hame & Address

Hew York
American Exchange Bank
Bank of Hen York
Chase national Bank
Irving Hational Bank
Mechanics & Metals Hatl Bk.
national Bank of Commerce
national Park
Importers & Traders latl Bk,
Citizens national Bank
International Banking Corp.
Chsaical national Bank
Merchants national Bank
Bankers Trust Co*
Broadway Trust Co,
Columbia Trust Co.
Equitable Trust Co.
Farmers Loan & Trust Co.
Guaranty Trust Co.
J.P.Morgan & Co
Hauaberg & Co.
lew Tork Trust Co.
B.Altman 4 Co.
American Trading Co,
Henry Peabody & Co.
Goldman Sachs & Co.
Boston
First national Bank
national Union Bank
Second national Bank
national Shawmstt Bank
Webster & Atlas national
AKsr.Trust Co.
Commonwealth Trust Co.
J . P . Morris & Co.
Minneapolis
northwestern national Bank




Am*t in­
dorsed by
banks

330,000

16,376.01
75.000.00
80.000.00
34,700.00

37,600.

13.000.00

17,484.50
40,799.04

100,
000.00
100,
000.00
33.000.00
18,137.36

Am* t
Hot in­
dorsed by
banks.

17,736.10
86,600.00
45,195.33
117.350.33
188,670.31
996.530.33
1,748.69

Total amt
Liable
as Ind.
on accept­
ances of
other
Banks &
Tr.Comp­
aniesm
J SSm mm m
BSS tm S

319,098.

455,000.
11,850.

5,398.35
6,511.34
50,000.00
7,300.00
575.46
8,308.33
93,965.43
383,847.13
313,174.54
563,940.00

16,376.01

4,033.00

27,450,00
3,836.51
7,594.16
3,013.55

1,709,068.65
30.000.00
138.800.00
109,118.60
314.435.00
135,000,00
70.000.00

346,000.00

79,378.30
583,179,43

Rama & Address

Amft In­
dorsed by
banks

Am*t not
indorsed
by banks

Philadelphia
Corn Exchange Hat.Bank
Cincinatti,Ohio
Fifth-Third Hat.Bank

17,314.30
19,058.

Fall River,Mass.
Fall River Hat1.Bank
Fitchburg, Mass.
Safety Fund Hatl Bank

Total amt
liable as
ind.on
acceptances
of other
banks 4
tr.companies

15,000.
39,473.91

Worcester,Mass.
Worcester Bank & Trust Co.
Merchants national Bank

348,000.00
SI,530.04

Providence, R.I.
Merchants national Bank

348*000.00

Grand Total




1,481,038.86

103,713.

5,685,638.90

1,385,087.93

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Mft$¥9$Sl£ttW PBtSHNtil
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17Sf
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fMfci & MMNl# 8&tX«
ySwwS
m jm m
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U*$§faS$
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S7^ft2.70
8f'«IW IIlW
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$w*m*m
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V

2

-

-

name of :
gown

T a a of
fia
Bank...

Northfield
Owatonna
Plainview
Rush City
Hnshmore
St* Charles
St* Cloud
n
St* James
St* Paul
*
#

Horthfield national
national Fanners
First national
i
t
»
«
«
Merchants national
Cltlsexui national
Capital national
First National
Hatl*Bk* of Cornerce
natl* Exchange Bank
Peeples Baak
Stoolcyards national
First national

H
n
tv

So * St* Paul
Starhuclc
thief River Falls
Waseoa
Wells
Wllliaar
Worthington

total
Asgdunt
mmmmaSSSSSSSrnmm

n
n
tt

»

Citizens national
Worthington national

15,000.00
50,915*33
2,292*50
5,000*00
17,145*11
27,543*05
15,455.00
61,874*53
22,944*09
981,211*21
439,290*00
7®,000*00
220,511*47
500,000*00
15,000*00
15,750*49
16,944*08
51,544*97
50,000*00
12,324*70
20,389*44
5,457,200.49

imomit
Rediscounted
16,098*94
5,000*00
5,568*53
15,455*00
61,549*64
21,594*76
1,525,569*68
/ ^000*000*00
378,290*00
75,000*00
187,290*84
523,522*91
15,000*00
15,730*49
123,872*00
100,000.00
12,324*70

6,380,736.81

..

imfcrose
Anamoose
Bottineau
Bowsesi
Carrington
Bast Fairriew
forge
Garrison
Jamestown
«
Marlon
Mrfat.
aflrh
Medina
Minot

n

Hew Salem
Header
Rode Lake
Ryder
Sentinel Butte
Streeter
Tolley
fowner
turtle Lake
Tan Hook
Willis t^L
Wyndmare




First national
inaaoose national
First national
«
«
n
Merchant s national
____ m
First national
Citizens national
James Hiver national
First Sational

n
t
t
Second National
Etoion national
First national

First national

5,354*42
32,994*89
22,244*87
36,224.17
8,209*77
9,195.75
08,911.26
17*744*62
15,000*00
97,337.10
8,612.01
14,903.81
57,710*14
68,095*49
70,000*00
21,638.09
,785*55

m

10,408*92
14,308*06
6,912*49
10,805*66
15,778*87
6,614*02
5,150*0o
42,831*11
5,046*00

9,052.51
22,244*87
36,224*17
8,209*77
7,354*05
60,622.70
9,146*56
30,000*00
97,337*10
2,600*57
10,343*69
7,980.83
104,774*52
85,175*00
16,717*99
17,574*44
2,500*00
14,508*06
6,912*49
10,805*16
15,778*37
6,614*02
16,831.11
5,046*00

O
728,864*57

603,954*28

name of
fown

name of
SssSLm .

Arlington
Cartilage
Chamberlain
Elicton
Fairfax
Gregory
Heola
Hot %rfags
Howard
Kenaebe©
Lake Preston
XSfin
iQfo
Madison
n
mtohell
w
n
Mobridge
Scotland
Sioux Falls
«
M
Wessington Springs

First national

»

Brule national
First national
«
Gregory national
First national
Peoples national
Howard
*
First national
Farmers National
First Ha&icnal
n
Lalce Co* national
First national
Mitchell »
Western w
First national
C o m Belt national
Security national
Sioux Falls national
” Savings Bank
First national

Sotal
Amount
15,618*13
20,357*87
30,950*89
8,502*63
25,947*39
32,026*67
9,603*51
15,422*44
5,758*76
3,150*00
8,914*42
8,90^*79
46,586*55
25,445*00
61,572*80
99,826*46
198,112.72
7,538*77
9,sH*S5
70,000.00
42,017*30
50,000.00
36,979*63
832,806*58

imount
Rediscounted
18,069*87
30,950*89
25,947*39
10,490*85
5,758*76
3,150*00
8,912*42
8,902*79
27,879*28
25.445.00
76,572*80
99,826*46
278.230.00
3,849*31
9,361*85
35,017*30
23,688*00
692,254*97

gQKfim
Ba&er
Big Sandy

i
*

Billings
Broadview
Browning
Carlyle
Ciit Bank
Denton
Forsyte

n

Balata

o|r««r
Geraldine
Ox^at falls

&UQ8
4.0'
WiWiam
Hinsdale
Hysham
iM im *
Joplin
Laurel
kewistown
Missoula

U f Tqm
nl’




First national

»

Farmers Rational
Merchants national
First national

w
»

American national
m a t national

»

It

«
n

11,085.19
44,371*98
5,000.00
103,264.94
8,946*69
13,177.3?
6f997*73
34,713.06
6,204.72
15,773*79
27,816.67
14,811.75
9,976*64
17,890*16
19,431.25
102,820*33

Oaamercial Batl*
Conrad frust & S*gs. Bk*
Hlngham State Sasic
5,279*55
15,976*45
First national
1,323*09
9,900.17
10,804*47
10,039*82
Citizens national
60,262*78
First national
31,197*10
3,146*80

8,615*67
103,264*94
13,177*37
5,939*12
9,344*17
5,776*53
11.805.00
14,811*75
16,676*50
18,406*31
20,
000*00
3JS5f767*66
5,279*55
10.604.00
9,900*17
10,804*47
10,039*82
30,000*00

mi

if

4m

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§*?#§*§?

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JPM&98I&*
n
«

■* flM» * 'W
*
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M
|
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Lu

jSBPplyv
Si%*AI8r

$#
46$«ft$
5*152*78
7,906*4*
*.?,$**#!§
ld#042*51
4» , 114.42

Ft*** Battia ^
aal
iti
tt
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11,749,2#
S*162.T«
s*no*s*

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5S*188#
f8
« #u o * n
10*UB.T*

$42,406*79

ltf£22M&.

fypl ^ty#y

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m
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40*^00^0
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UgW4l

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« ASg«r ( o 8,000.00
t.
«JU B U P
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iy

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11,505.14

n ,s9e«*»

IB2,e4X*e4

FLfltm Pgj\gg3
i&lMWPt IfWkf
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4*,627**8
m jm m
m jm m
12*846* &
54,1*7*87
10f*«S7*W
U*6$9«0Q
JtVAXAJV*
#T|pNPMHrP

St*

it* 'lN M l» H lS*«

4ff.M0.fflf
23f0 ***U

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49,006*70
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9/1

s n m m

of resources

FEDERAL m s m n BAM Of MlVI1AF: LIS
___
S llIt Bleeoaistid Member*
Keetber Bank Coilateral Sotos
Aeeepteaee* Bought
Redleeouitt® lor olher Fed. Ret* la»k*
U* S . Banda awrs$d
» tee
Munielp&l Yamnt*
Bill of U d iB s Dr^fte
Preatiuii* or 0 . S. B.-nde
Internet escrued II. 3* Band* & frea§*Hotee
U# S* Certificates of Indebtedness
£x | 9&s « Currant

3,448,340*00
700,000*00
569,164.72

17,$41.63
500*00

■36,3^7*S5
15,601*73

57,896.56
16,395*18
1#3§0*00
59,274*19
2,972*41

44,461*13
S3,ft7*73
329*16
1S.37

Du® fro® othar Fm* Re«* 8eitk*»eolleeted fundi,
Ch9Q%® m i oth^r e*eh items
Due fro® other Fed* Bee* Bmnke-uneol 1 ect@ i fund*,
Defirrai Debite { fraaslt Aeemutt )

latl Bazik mot# a and m tee of cither Fed* Res* Bamke
redeeptlo»

Gold Settl@»ent Fund
Due fro*. freae* U. S* Redemption Fund ( F.R* notee )
®o!d Bullion and. coin
Sold with Federal Reserve Agent
©aid eertlfle-itti ' including C.H.Ctfe# )
Silver
*
e
e
Legal tender notee
*
*
Silver Cols
Sterling Oold Aearm d ( Ba&k .f,l«gl«nd )




4,988,121*33
1,$87,990*00
1,340,000*00'
35,380.00
960,7§a*32

333,200*00
a ,iff,9 t « *$ i

13,915*43
2,127*12
66,06S*f§

Blfftr^RC# lasaunt

fatal Reeource*

1 , 551 , 902*75

112 , 686*71

0ott of tfaiesuod Fad* Re*.
Otlier deferred eh*rge«
Furnitoire and equipment
Overdrafts Member B*afc»
Dltfe»re«M»nte Transit Aeeont
Sspeiiee liberty Loan
S*peii*e far Saving®

federal Reserve no tee m hand
Xutil*to3 Fed* Ree* aotee forwarded for
lickels a&4 cent*

7,022, 33§*7B
1,059,992.00

11,283,053*19
599,179*46
1,964,552*53
3 , 061 , 947 . 4a

3,$}S,9?7*0f
C65,17::*30
540,005*5$
2,641,779.14

163,361*00
1,420,865.00
171 , 000.00
16*61

• ia,ioo*oo
2,374,585*00

19,486,5®0*GO
' 878,225.00
6*688*960*00
32,909,950.00
8 , 270 , 770*00
231 , 924*00
179 , 105.00
2,120*00
0,100,000*00

7*064,000.00
30,000*00
906,437*00

114,181,528*94

37,545,351*6$

5*47

7,§39,150*00
73,882*00
105,535*00
1,130.00

Dc.3 .1 1 D 0 9 6
e 1 3 7 ec.3 .1 1
# 2,6X2,450*00
7,700.00
49,363.56

Capitol paid la
Oapl tal-sjuspenee Aooount
Profit & Lost
Bisootmt earned on B/D other f.H. Banks
«
«
* B J Jisahers
/>
* * * * * * Acceptance* bought
transfers Bought & Sold, lot Charges
Interest earned on warrants
*
*
*
»
» u.3.3eouritles
*
*
«
» Bixi of Lading drafts
Sundry profits

10,417.32
231,667.31
72*476.74
35,117.68
254*60
49,184.97
6,585.07
4,610.36

Discount m U.d.Bonds
{Unearned discount - % t othor f*a.Banks
/>
*
*
*
- B/D Members
* * * * * Aooeptanoee bought
* intersat
*
- gaalolpal warrants
Service charges, not
Difference aooount

5,682*59
24,593.15
62,861.94
16,814.80
6*21
50,590*69

U*S*9oveniaa«it Deposits
£ b to asnbor banks ~ Reserve aooount
Kt
" * other f*H.Banks-CoXX eoted funds
*
CashJsr’s checks
Expense cheoks
federal Reserve Bank and exchange drafts
Bus to non*aogber hanks
* " f*H.Barfes-unoolleoted funds
* * Member Banks - *
*
*
«
Liberty Loan Suspense aooount
Withhold for fedora1 incoae tax
federal Boservo notes outstanding




2,608,900*00
800.00
1,572.69
39,343.46
40,675*75
16,397.39
40,998.46
21,169*95
22,584*74
11,218*41
22,814*81
2,787*76
8.97

8,716,529.47
686,487.51
39,347,899.01 29,477,242.00
8,449,634.85 4,847,186*56
27,626*37
8,284.61
3,862.10
2,895.64
5,421*96
68,610.00
2,069,429*73
1,092,716.30
163,096*52
176*28
61,006,950.00

Total Liabilities * .114,181,528*94 37,545,359.68
total reserve oarrled
85.9
57*9