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OOKEBOLUSB'3
and
AUDITOR'S
MKPOB*
IE 3IB1B MPT or m m iP O U S
FOR B® HAB lffO*
CONTENTS
CONTHQSjLERvS
kspobt........ 1
to 30
AUDITORS HEPQRT*................
81 to 60
INDEX.................................... 61 M 62
January 10, 1920*
To the Directors
Federal Reserve Bank of Minneapolis*
Gentlemen:In the report herewith submitted, i an outlining
the changes brought about in the various departments of the 3ank
since the installation of the Controller9? Department on October
first, the new functions i&ioh the Bank is about to assune and
additional plans for increasing the efficiency of our staff*
Schedules are attached showing volume of the Bank's
operations and explanation made of causes for the more important
changes*
2he Auditor's Keport of examinations and verifications
is also a part ef this report*
Respectfully submitted,
Qontroller*
O f f i c /<l /
O r ^ a /7 /z a£/on
Feder*.L Reserve 3a.n K
O f /T^Trin e<t.polis
Xa.nv*.r.ft Mt /«?«?/
Tsdetul/i^erye.;So<Ltri
Fid*r*lRtrtfitAf*t*Oowi
T Hh>cA.•
JfoajrdOf' D/rectord
..................
y y H I 1 3 .O
1. I I
P H A Jg JL .H -K J.JL I
9m very heavy purchases ef furniture and machinery during the
past y n r has dram attention to the necessity of a closer oontrol over
suCh items.
The Controller'e Department must approve all purchases as
to price* etc. as well as the need to* the furniture or machinery in ques
tion before the transaction nay lie handled by the Purchasing Agent.
Our
nethod of re-allocating fGrniture enabled us in one month alone (October)
to hold up purchases of $700* in filing cabinets.
Sach piece of furniture or machinery has attached a numbered
metal tag itfhieh corresponds with our numbered oard recordo
Stall partic-
nlars are kspt of each artiole and its location in the bank* Sach depart
ment head will be held responsible for the equipment in his department and
no artiole may be taken out of any department without a written permit from
this offloeo
In Deoember of each year an inventory will be taken in order that
the direotors may know the present valuation of our equipment, which valu
ation is also necessary in the event of fire loss*
Our great expansion in the Transit Department and the necessary
equipment for Helena Branch caused heavy expenditures during the year.
Replacement# of machinery, especially typewriters, is being made, and re
pair work on machinery is now oosting about $3,600. yearly*
In this con
nection, we are about to employ our omn metihanlo for such work*
She following figures indicate our expenditures and valuations
for equipments-
Amount expended tor furniture and machinery
since opening of bank ...........................£,174,681*40
Exchange valuation aa of December 1920—
Hain Offioe...........................................
H .1 .W ...................................................
66,507*91
84.640.4*
| 111,048.85
Insuranoe carried on furniture and fixtures—
Main Bank Building................ * • • •••• * •• f
Annex (Srnnsit Department)**................ .
Helena Brandh *........ *............ •* • •••• * ••
#
40,000*00
509000*00
10^000.00
100, 000.00
zudjunsom m to ajtp iw m m s car disoopkc.
All the Fsderal Beserve Banks have experienced great diffi
culty in. keeping their maturity records up to the minute through pressure
of woifco Also *hen the periodical proof of Unearned Discount” account
was made, frequent adjustments between the "Barned" and "Unearned" accounts,
were necessary*
As a remedy, ne hare installed a system of oontrol which averages
the discount earnings daily and enables us to unow at once if the daily
entries into the earnings have been correctly made by the. Discount Depart*
raent.
In addition, the method adopted admits our drawing attention of Dis
count Department at onoe to errors in maturities*
It is also our intention to have our audit of the Discount De
partment Include the passing on of paper as to eligibility*
nOLUM*ir« CBfrillMlMt.
During 1920, this department had a tremendous growth indicat
ing the increased willingness of member banks througiout the country to
use the federal leserve service.
This part of a bank's servioe is rarely
appreciated, but we have been assured that oar department is a superior
*
one* With the idea of further improvement, we are installing several
EUiott-Fisher machines ifcioh will enable each operator to turn out an
average of 200 collection letters per day*
During December an average of 523 country collection letters
were, sent and 398 city collections were handled daily*
Shis is a (greater
number than was handled in the federal Reserve Batiks of Cleveland or
Chicago and was accomplished wife a smaller forceo
3
0 0 JE t
A Q-g
o?
D B P U
t S
Since the opening of this bank the constant increase in the vol
ume of oar work has trade necessary the use of any space available and with
no special thought .;iven to the inter-relation of departments*
She housing
of the transit Department in a separate building has helped the efficiency
in that departmento By moving the transit Department, we have been able
to place all the main operating units on tne second floor with the excep
tion of the Cash and Collections.,
Oar private wire is in dose contaot
with the departments using it the most» all bookkeepers are together and
the Audit Department is in an adjoining roon<>
Host federal Reserve Banks are giving the contaot of departments
dose study to be made use of in their new buildings*
Q
SJL-MJLz....S J U U B JL .1 &JLJt ,
this undesirable condition has been increasing, instead of
diminishing, in practically every department of the bank except Fiscal
Agency*
In order to keep up the efficiency of the staff* we have found
it necessary to use extra people in the transit Department working from
6 P. K* until midnigit; the Discount Department force has been divided,
the second division working under charge of an officer from 6 P* 13° until
12*
Flans now being worked out for fee Cash, Coupon and Collection
Departments will bring about greater efficiency by the present force and
abolish overtimeo
Bvery person now being employed, is given to understand the
position is temporary exoept insofar as they replace our present employees
Who do not cone up to standard under our merit plan*
4
jSgjflCI&HCY
SYSTEM
It has bNB decided to aaloi effective at onoe the grading of
eaploysos on a merit plan thereby each department will establish a maxInna, average and minimum percentage for the various qualifications re*
quired in that particular department and the employees will be rated on
pointso By taxis plan we will be able to deal justly with all, remove
those not up to standard and key up the staff to a higher level of ef
ficiency.
Is are now receiving daily department reports as to volume
of work, etCo and are satisfied that with the merit plan in operation,
we nay expect an increase of 25 per cent in the amount of work done in
some departmentso
M Off T iJfl... fi f i.l l O
Preparation of accounting methods is now being made, also
effort to overoome as far as possible, sons of the difficulties we
must faoe due to the distance of the branch from head offioe*
Branch transactions with other districts and Washington
must be relayed through Minneapolis as the all outside wire plan would
mean considerable increase of expenseo
federal Beserve Board requirements make it neoessary for
the branch to wire us daily balance report, for which we are preparing
oode* Iron this information, reports required promptly will be written
at head offioe«
She neoessary equipment and supplies are taken oare of as
far as possible and those employees being sent from this office have
been instructed in their duties*
As far as practicable, methods of operation will be the sane
at head office and brancho
aiLvm Aim minor caia.
Poring the past 'sreek we hare placed electrical protection on
the vault in rear of Bpnd Department and strengthened the sxqpports of
the vault preparatory to the handling of coin*
The necessary equipment
has been ordered and in a few days we will be giving this District the
sane service afforded by any sub-treasury.
By re-arranging our cages and floor space, we are able to assume
these additional operations without rental increase*
The handling of coin, as well as currency, will be assumed as
a banking function, any supply of coin or currency on hand being treated
as reserveo
It is quite possible the {federal Reserve Banks will greatly
improve on the stib-treasury methods and sons of the banks are now con*
sidering the wrapping of coin as an additional service to their members*
stre-gRBAaPRY samTims.
OUHKBHCT.
fhis bank has been authorised by the Treasury Department to re
deem all kinds of United States notes, make denominational exchanges, al
so ooin for certificates and vice versa* ffle are authorised to cancel all
kinds of notes and nay in addition cat in half all notes except national
bank notes and ifederal Reserve Bank notes*
for nearly two months, we have been aooepting from all oar members,
currency in any oondition, the only restriction being that each package
wast contain 100 bills of like denomination*
In another week we will have
installed 15 speoial sorting tables, and then will be prepared to handle
promptly and without night work, all currency deposits» The larger T*in
City banks have also expressed their willingness to request all their
member bank customers to deal direct with us in currency shipments*
Oon~
siderable expense will be saved member batiks by this plan and there will
also be a reduction of labor*
6
COUPAitA'JIYE S'i'ATaim OK KE30UH0BS
tSUBKAi. BBSiSHVE BANK 0? HIMKAPOLIS
1920 - 1919
___**»• 31. 1920
Gold Redemption Fund FoB* Votes
(Board
Gold with F.R.Agent (Redemption Pond
(Minneapolis
Gold Settlement Fond
Gold Bullion and 'Join
Gold Certificates (Inolo C. H. Ctfa)
Gold held in B.x* Assay Office
Gold, with Foreign Agenoies
Legal fender Botes ( lncl. 0* H. Otfs )
silver certificates linol* 0 * n> otfs)
silver coin
Nickels and Cents
5 per oent Fund against F.K.Bsnk Notes
Overdrafts
F.H.B Hotes (Secured by U*y.Bonds) on uand
Federal Besarve flotas on aand
Mutilated F*B*Hotes For* for Redemption
Sational Bank Notes
Bank Botes of other F* B* Banka
F* B. Botes of other F* B* Banks
Unassorted Currency
transit Items
Cheeks and Other Cash Items
Exchange for Clearing House
Domestio Transfers Purchased
Bill of lading Drafts Definite-maturity
Bills llncl. Trade Acceptances) - discounted
M e r Banka9 Collateral Hotes
Acceptances (Inol* Trade Aoos*) bougit
Other U* s* Bonds
One- year Certificates of Indebtedness
lilt* Accrued on U* S* Bonds
Bzpense Current
Disbursements, Liberty Loan No* 4
Disbursements, Liberty Loan Bo* 5
Disbursements, War Savings
Advances, lar Savings and L* L*
Fisoal Agent General Expenses
War Finance Corporation (Bxpense)
Furniture and Equipment
Deferred Charges
Dir* Acot* Inol* Prem* on Surd* Stock
Difference Account
Bank Premises
Co of I Disbursements
TOTAL BESOUKOBS ................................................ .
3,097,833*00
11, 200, 000*00
1,652,820*00
13,052,000*00
8,455,953*55
1,074,395.00
6,315,920*00
1,740,126*84
89,100*00
126,130*00
12,240*00
111,670*00
6*36
480,150*00
98,385*64
174,030*00
743,760*UU
1,144,500*00
232,770.00
10,890*00
4 a ,955.00
358,063*00
*7,144,769.89
439,478.35
1,122,550.23
1,875,000.00
65,251.09
60,858,836.35
20,729,638.38
1,313,331.39
115,561.00
8,480,000.00
85,654.66
627,906.14
D»a. 31. 1919
205,448.00
19,800,000.00
2,994,605*00
13,052,000.00
4,872,374.56
2,099,845*00
6,175,430*00
3,545,645*72
48,730.00
14,669*00
1,850.00
10*75
400,350.00
97,925.00
896,665.00
359,250.00
36,890.00
11,110.92
30.00
32,370.60
•
1.00
10,814*12
100,429*16
237*76
667,737*64
10,795*25
541,385.00
134,500*00
20,415,770*08
195,414*11
1,945,609*22
1,136,265.19
5,500.00
53,997,048.00
19,854,543.69
12,599,452.47
115,561.00
8,480,000.00
79,271.98
298,477*19
119.98
1,033*01
80,896.28
2,508.90
28,543.43
93*26
1.00
7,685.42
92,353*86
5,069.20
600,000*00
18*599 *21
164,184,222.32
175,227,389.51
7
COMPARATIVE SmtEMElST OF LIABILITIES
FEDERAL BE3E?M BAKE OP KirFFA.POLIS
1920*1919
___________________ D e 0 o 3 1 . m
Federal Bese*ve rotes Outstanding
Ped. Bet* Bk*Hotes (seorcred by irwS<. obliga
tions) - Outstanding
UoSo Treasurer- General Account
Members - Reserve Account,
Foreign Banks
Foreign Government Credits
Ronmsmbers - Clearing Account
Cashiers9 Cheeks
Expense Cheeks
Federal Reserve Exchange Drafts
Gold Settlement Pond - Suspense
Government Transit Items
All other transit Xtems0
Coupons,Ownership Undetermined
Reserved for Taxes other than Franchise Tax
Reserved for Sundry Expenses,,
Dividend Accrued on Heir Stock
Capital* Paid in by Members,
Surplus Fund
Profit and Loss®
Discount on Bills Discounted
Bills Pttrohased
Interest on T7oS» Securities
Bsnalties en Defioient Reserves
Domestic transfer Bought and Sold Het0
Miscellaneous,
Rental Aooeunt
Interest Earned B/L Drafts
Discount on TT«Se Bends0
TJhearned Discount - Bills Diseeunted
Acceptances Bought
tOUL •LIABILITIES * • • • • • • • • • • • * •
81,385,820*00
88,442,605*00
7,029,200.00
1,030,510©80
43.520.054.69
108,000.00
8,288,000*00
513,187*11
53,827,751.78
134,858*22
269,454.25
18,567*11
888,884*64
* 16<>653,263.85
20290*96
19o534*01
688086
89460,850*00
5,178,241*64
178,804.62
2?776c008.41
540114*96
87,858*24
66,988*47
46,722*26
6,537*14
120500*00
20978.96
530802*56
589,806*82
8,931*15
16*,264,222*32
Ratio of Total Reserves to Coaiblned Hot Deposit and
not* lU b llltla *......................................
9
36,1%
1,951*989*52
115,000o00
188,843*00
5,351*62
4,088*28
6,087,509*78
197,856*45
7 9760836*69
2,864*82
180818*89
l,173o75
3^0780950*00
2,319,601.04
100,484*16
1,070,128*60
448,447*84
81,894*86
14,568*47
28,629*78
10269*08
244*02
880610*82
868,889*98
44,652*68
175,227,889*51
89„b£
8
FBOFII AHD LOSS ACQ0UH9
1920
■iMM l .w .t .i .
.tefma^r 1. 1920. to December 31. 1920.
Irons
Bills discounted Barters
Bills bought in open market
United States securities
Transfers - Vet earnings
Deficient reserve penalties (inc* into)
Miscellaneous
Exchange
6,693062
Into on b A drafts
3 *398<
>13
Bental from Bk proml8Cs21.177*Q2
4,734,258.72
191,662*15
181,989*66
77,244*94
92,744*53
31-268*77____5,309>368*77
H ilt
Assessment for expenses federal Reserve Board 5,912^75
Cost of Fed. fieso Cy; including depreciation
6n printing equipment
78,586010
faxes on fed* Bes. Bank Vote circulation;
36,792*03
Expenditure for Furniture and Machinery
100,816*40
-Operating Expenses
lZM7^afiS________
JBxoess of Sarnings over Current Expenses
<54-308-789<,9?
Disposition of Excess S&mingss •
Beserre for depreciation Hew Building
#100,000o00
Seduction of Bank Premises - Helena Br
77,737*64
DiTidends for period Jan* 1 , 1920, to
Deco 31, 1920,
195,870o65
Sransferred to Surplus
3,410,948o10
Baid to Government as a Franchise Tax524.233<>58
<14-308-789»97
9
moss asp m * earjunqs akd sxhsbses bt moms for
1920
■M
W
- M SB ?-
M g SABiaaaa
January
339,915.12
50,784.37
289,130.75
February
320,333.60
56,116.16
264,217.44
March
3520255.06
60,178.18
292,061*90
April
367,157.76
54*653.34
332*504.42
May
4230311.14
58,165.86
365,145*26
June
433,167.63
109,367.12
323,800.51
Jfcly
4950251*83
78,712.31
419,539.52
August
503.593.68
71,452.22
432,141.46
5080293.72
87,695.31
420,598.41
October
534,967.07
85,919.80
449,047.27
Herember
*495,351.44
108,736.70
391,614.74
Total ........................... 5,809,868*77
1,017,166.17
September
Deeeafeer
Sit Charges te Prefit and Leas Account .* .......• • • • • • • » .......... .
40292,182.60
161-130.27
4,131,052.88
Dividends paid to June 3 0 ,1 9 2 0 ..........o . $
95,441.49
Dividends paid to December 31,1920 •• •.« •• I
100,429.16
195,870.68
Jfet Earnings for 12 months ending December 31,1920 ..'• • • • • • • • • 8,935,181.68
Transferred te Surplus June 30, 1920..•.....#1,609,241.56
Transferred te Surplus December 31,1920....o 1,743,458*86
Transferred to Super-Sarplus Dee.81,1920 ooo
58,248.18
Paid Government as Franchise Tax q.......... ooo
524.253.58
3,935,181o68
ALLOCATION OP EXPENSES OF THE f£:£RAL RESKR7E BAMK OF IlIlMEAmiS
FOB THE YEAR 1920o
Bank
General
Transit
Assessments account Expenses of Federal Reserve Boaid
# 2 t5*0«.12
Federal Advisory Counoil (fees and traveling expenses}
893.17
Governors* Conferences (including traveling expensesJ
451o82
Federal Reserve Agents' Conferences
27.11
Salaries: Bank Officers
77*636*96
Clerical Staff
184,032.66
10,269«66
Special officers and watchmen
15,011c09
All other
Life insurance premium (employees' group insurance)
2,185>86
Directors9 Fees and other expenses
6,141099
Officers' and clerks9 traveling expenses
10,352.06
Legal fees
3,100^00
13,616o52
Rent
Taxes and firs Insurance
108o0a!
Telephone
2,679o^8
Telegraph
11,286*91
Postage
11,977.01
Expressage
1<,5^6»63
16,605.84Insurance and premiums on fidelity bonds
35,193o93
Printing and Stationszy
22,523144
Repairs and alterations
20,812eBE
’ Currency shipments
All other expenses, H.So including exchange paid
12,145,82
Abrasion on Sold Coin
. 7-61&JB ......
Total Expenses of Operation
^486^569^
62,626 286
Federal Reserve Currency (oris* cos%-incl»ship• chg.)
Miscellaneous charts account Fed. 1?es. currency
15,959.24
Taxes on Federal Reserve b&rik note circulation
36,792,03
15,586.01
Furniture ’sad.equipment
1.988.17
Bank premises Taxes
Totalexpenses 1920
______
$427,924,87
Total escpenses 1919
•Credit - Recovery
Helena
Branch
* 179,690*93
496*3?
8,675*31
1,474098
3,527*06
8,143*32
1,170*75
153*15
2,487*78
55,928*61
9,676o74
1,986.32
20,977o34
$ 562*90
,1,348oil
122o90
4o68
I,5'i0o00
66^,24
6,315.70
4,764- 67
760,90
4299.153.53
11J>8Qo63
61,204.15
24,025o44
..............S t t L A H s l M I .... j z & M & q i
increase of m m ikporsaht sejsss * m :s over 1919 pioufeEs.
Haines
Amount__
4
Officers
16,600*
96,500*
Transit
59,0000
Bank General
Overtime, Extra help and supper
20 , 200 *
money
Offloors9 & Clerks9 traveling exp* 9,700*
7;§OO0
Bent
11 , 000 ^
Telegraph
Salaries:
Postage
$
Expressage
X2180 & Pram* on fid. bonds
Irinting & Stationery ‘
Repairs and alterations
i:oney Costs
Furniture and ^equipment
34,700,
11 , 000 ,
10 , 000 ,
37,200,
16,200
35,500
77,000,
Transit Department increase of employees over 1919 is 87, and enployees of Baiik,
62« Overtime largely in Transit, Discount and Collection Departments, especially last
half of year* Much traveling has been done mainly to non-member banks9 Rent, telegraph,
postage and expressage are mostly Transit Department increases due to new quarters, volume
of business dons and the necessary collect! on of check* through agents « Supplies vere re
quired in much larger quantities and Helena needs are also included* The major portion
of expense "Repairs and Alterations" was for new Transit Department* Increase in money
costs is due to additional service given members, increased printing cost and larger bank
note circulation Furniture and equipment is for Transit machinery and desks $61,000* and
Helena Branch equipment $24,000,.,
11
w vsm PT nm *
Konth
m m m w aw w m sm i
SAVISGS QRCrANIZATIQN.
Humber of
Eumloyees
Cotnpensation paid
79
60
82
84
86
88
90
91
89
91
86
82
January
fetardary
March
April
May
June
July
August
September
October
Hovember
December
$
totals © • • © 1028
9,285*97
9,366*80
9,426*02
9,790*66
9,987*14
19,366*29
10,728*24
10,761*90
10,534*42
10,756*42
9,942*23
22.777.17
$ 142,723*26
Average Corapenaation ©aid
# 117*54
117*08.
114*95
116*55
.116*13
220*07
119*20
118*26
118.36
118.10
115*60
277.77
$ 138*83
fiosxnt paid la June and December, 1920, included in above figures................... .$2&,991.75
Average number of employees 1920
86
" monthly salary of " 1920 11,893*61
___
I’onth
w m m ® .r a m
Ifa#ber of
January
tfefcruary
March
April
May
June
July
August
September
October
November
Decenfcer
213
216
233
262
254
300
296
290
305
316
337
355
Sotals o • . *
3377
.
Employees9
______
Average Monthly
♦ 19,296*19
19,631*99
20,311*90
22,318.19
23,438*83
53,426*70
30,419*19
30,636*77
30,583*99
32,004*89
38,188*03
77.873.68
$
90*59
90*89
87.17
85*18
92.27
178.09
102,76
105,64
100.27
101.28
98.48
♦ 393,130,35
# 116.41
Bonus paid in Jtuae and December , 1920, ineluded in above figures » . .
#71,273048
Average number of employees 1920
281
n
monthly salaryof enployees 192}
432,760o86
12
wUXi*umJWLkS
u .m s m jM m
Q..fcJLT A.ftA.1 -1 l i J — g J T A . t J J L S I 1
As at the close of business December 31.
im
J im
Federal Beserve Botes on Hand*........ * * « •••. *#9,690,000o00
federal Bsserve Botes Outstanding oo*»******61,365,820*00
Federal B»ser?e Xotee sent to Comptroller of
Currency for Destruotion*.***.******..*«.o960644,180*00
Bills to secure Federal Bsserre Hotes*........ 66,263,748.75
urn a m m u m
#70560,000*00
86,442,605*00
56,077,395*00
74,160,777*53
m m m m m .
Gold Ooin and Certificates on Bfcndo».*«oooool3,062,000o00
Credit Balance in Gold Bedeqption Fund****** 1,652,820*00
Credit Balance with Federal Beserve Board .^11»200*000*00
13,052,000*00
2,994,606*00
19.800.000*00
Total........................ *............................. $280,286,568*75
#262,087,382*53
1920
Federal Besenre Botes Beoeived from Comptroller
of the Currency, Gross Amount....... ..••••# 1860120, 000*00
1919
#152,080,000*00
w w xm i nm m m um w w vw m
m g m flKBRVS IQIBSk
Gold Coin and Certificates........................... 25,904,820*00
35,846,605*00
UlgiM e Paper.........................................T#iHfiiWsM L
Total........................................................#280,288,568*76
#262,087,382*53
SOLD BQtDlBflfi OF fHB BABE IBP T O FBDBBAL HBBBBIB AflfflT AT CLOSE OF BPMMEBS DBCSMBBR
a it , m
i g w g i M P w ith www 9 f n m m w m m n % .A n h
BAMg 1920
BiiUC 1919
Gold Coin and Bullion* **•««#2,614,5220
Gold Certificates*****♦**♦« 6,316,920*
Gold with foreign Agencies*
69,100*
Gold Settlement Fund *....... 6,455,953*
Gold Bedeiqption Fund......., 3.0971833. #20,773,326*
♦8,099,846.
6,176,490.
3,646,646.
4,872,974.
(16,896,743,
IflMW 1919.
Gold Ooin • * . . . . • * . • * . . . #
Gold Certifioates****♦♦*
Gold with Federal Besenre
Board . . . ...................
0014 M M V ttoa mad . . .
<8 ,000,000.
3,000,000*
10,052,000*
11,200,000*
1.662.880.
10,062,000.
*26.904.820.
OOI0inD HQLDIHOS................................ <46,678,148.
19,600,000.
2.994.606.
<86.646.606.
<62,745,848.
13
Daring the past year there vat a heavy expansion in federal
Reserve Votes in all Districts with exception of St* Louis an! Minneapolis*
Our oontraotion fron a year ago was $7.,000,000* and a redaction of $169000,000o
from the high mark of 1918 whioh was in Decenibero
She following table will
show the actual circulation of all the banks as indicated in the last pub
lished, reports of 1919 and 1920o While oar issue of notes was practically
tip saas for 1919 and 1920, we retorned to Washington for destraotien nearly
$5,000,000* more of oar notes in 1920 than In the previous year0 On the
contrary other Federal Reserve Banks retorned approximately #7o500o000* less
of oar unfit notes to Washington in 1920 than in 1919* More of oar notes
were returned to as by other Federal Reserve Banks in 1920 than in proviims
year* bat this woald not hare been so except for the lowering of the standard
of fltneaa of Federal Reserve Sbtes*
It has been estimated that in order to keep an unreasonable
quantity of soiled and worn notes out of circulation, it will be necessary
for the Bureau of Engraving to print 1*200,000,000* notes yearly* the ca
pacity of the plant, even eliminating the printing of bonds, is only
800,000,000 pieces and for this reason, the reserve supply of new notes has
rapidly fallen*
Fffort has been made to hold down the issue of new notes and
keep money in eirealatloa longer* During December our reserve supply of
notes was increased, but we are still $10,000,000* below figures of a year
ago*
Total cost of notes during 1920 was $115,878*18 and grand to
tal of costs sinee opening of bank $410,889*96* * Included in 1920 cost is
$6,278o67 for depreciation on printing equipment from opening of system
until June 80, 19209 and a further charge of $11*276*33 covering depreci
ation on equipment until June 80* 1928*
Our present supply of notes at Washington is #41*880,000* upon
whioh all oosts have been paid except transportation to Minneapolis*
fl» following tfcbles will indioate our issues, oosts and in
formation considered of interest <
oamfflisai
of
Boston
KSw York
niiladelphia
Cleveland
Richmond
Atlanta
Chicago
St« Louis
Minneapolis
TTanaae City
Dallas
San vranoieoo
System
wwawmima
msrotf nogs, m . m m a ratSffiTE ares
ABLSXSSIt*
December 26
lU i
258*669
929,668
849,488
284,885
155*282
162*809
888*788
167*818
88*916
111*008
77,977
ettIso i
8*292*098
December 80
122ft
808,808
1*080,884
298,624
879*781
161*282
179*946
684,429
158*722
61*886
118*608
84,714
O So liL
3*788*880
QRIOIMAL COSTS OF EB0RA7ISG AID HUEKSI1B
FCTBRAL RESERVE B09SS AT BUREAU OF EEOULT_______________ im * . fiM M g H f t ____________
JS* .
1914 to 6-80-17
$ 84o8T IK Wheats
7-1-17 to 6-80-18
36*56 IX Sheets
7-1-16 to 6-30-20
44*78. HI Sheets
7-1-20 to date
80*68 U sheets
In Addition £l*U. per thousand sheets should
be added for depreciation of oquiposnt to
JUne 30, 1920 and $1*46 per thousand sheets
fron July 1* 1920*
Increase
120L
81*884
100*691
44,186
95*416
6*020
17*187
100*691
Decrease
im
11*798
7*080
7*600
6*787
ttJtf
446,782
AMOOST H ID FOR HEJfiEOIlflGV
______ or M rcaiH i__________
On notes winted
to JUne 30, 1920 $ 6*278*67
June 80 to Deocm^
ber 81, 1920****
202*94
Oharged to Current
l^penso Deoeuher
81, 1920, for oost
of new equipsmnt X LdU Sbtt
ir,08oioo
14
raagm BKiBKVB noma araBiran m u laaraa hy
CT IfP P (fy Jtf?fifffl M P O T R sit 1939*
jffiK
m.ifta,gg£
Tom
FlWi *ooc«*«*»«*»i« 1q220{|000o
1,400,000*
Tint ............... .
Twenties * • • • • • • • • • «
960,000*
fifties *.o. • • • » . . .
190,000*
Hundreds * . . . .........*
960,000*
170,000.
Five Hundreds *.......
Thousand* ...............
200.000,
ooi »m ««
2,990,000.
.
90,000*
40,000*
**•*••••
_ _ *<
1|220|000«
4,930,000*
960,000*
260,000*
400,000*
170,000*
2001OOP.
Total ....... *............. 4,500,000c
3,060,000*
7,560,000*
RECEIVED FB01I
COMPTROLLER
RBTCBBBP BY
BANK
TOTAL
Fives........«.««•• «llf920,000o
Tens .................. 8,460,000*
Twenties •••«*o*** 13,440,000*
600,000*
fifties .............
Hundreds **••....... 1,600,000*
five Hundreds **•*
200,000.
Thousands ........... ......390,000*
595,000*
2,295,t00o
2*050,000*
120,000*
190*000*
**........
11,916,000*
10,775,000*
15,490,000*
720,000*
1,790,000*
200,000*
Total .................. 36,040,000*
5,740,000*
41,780,000*
m m jm
IggygPIP BABE
TOTAL
Fives ••••••••••* « 10,400,000*
fens *«*««........... 6,560,000*
Twenties ............. 12,000,000*
fifties * ••••••* ••
375,000*
Hondftds *«o****«*
830,000*
five Hundreds ****
110,000*
Thousands «o****«*
315*000*
285,000*
4,535,000*
1,310,000*
190,000*
150,000*
»*o«*to*
JW iW i
10,685,000*
13,095,000o
13,310,000*
565,000*
960,00Qo
Total •••.••••••o o 32,590,000*
6,860,000.
39,460,000.
m
fives *•••♦ ••**••
Tens *o* • • • • • • • • •
Hundreds * ••* ••••
five Hundreds ***
Total oo*******o«
TOTAL
J IU A J S S
2,140,000*
1*320,000.
2,400*000*
415,000*
1,130,000*
260,000*
285*000*
310,000*
690,000*
740,000*
20,000*
80,000*
100*000.
2,450,000*
2,010,000*
3,140,000*
435,000*
1,210,000*
260,000*
385.000*
7,950,000*
1,940,000.
9,890,000*
.m
m m unm
u i X989B w
1918
20*5%
43*0%
32*5%
1*6%
2*4%
• • a• e
100%
1919
36J$
29.6%
89.7*
.rf,
l.ojs
.6%
2.4%
100*
e
Five Hundreds **
760-000°
■
&
fifties ...........
110, 000*
1920
27*2%
33*2%
33*8%
1*4%
2*4%
*2%
1*8%
100%
/£
>n
11 HB3BHW»MKS I38OTLDkm MEWmpfTOatMKft«OA»T^|Tm|
I3SUEP «n
leaned in 1914
#260e000o
1916
- IM L
January
February
March
April
Hay
June
July
August
September
October
Fovember
December
t
160,000o
452,000*
1 , 000, 000.
600,000*
200, 000.
640,000o
1, 100, 000*
1, 200, 000.
1,500,000.
3,900,000*
2 , 000, 000*
l.OOO.OOOo
Total for Tear *oo» # 13,742,000*
m
I
90,000*
eo9oooo
200, 000*
700,000*
200, 000*
1, 000, 000*
2,610,000*
2,700,000.
2 . 000*000*
2,500,000*
1,400,000o
1,070,000*
2,860,000*
2,260,000*
1,800,000*
1,300,000*
1,940,000*
6,860,000*
9,360,000*
6,400,000*
4.600*000*
9,680,000*
# 42,230,000*
1
200,000o
$
1919
UUL
#
600,000c
2,160,000*
2,946,000c
2,000,000*
840,000*
1,400,000*
4,000,000*
4,785,000*
16,140,000*
8,720,000*
2,160,000*
11.500.000*
# 57,140,000*
-1 S S L
800,000*
1,350,000*
2,310,000*
2,450,000*
3,800,000*
2,900,000*
1,480,000*
2,050,000*
6,080,000*
5,050,000*
3,570,000*
6.160.000*
*
1,860,C 0.
8*240,0'. 0 .
•8,860,010.
2,876,0(0.
1,600,000.
1,200,000.
8,180,000.
3,420,000j
6,186,000.
4,486,000.
2,895,000,
4-100.000.
#39,990,000*
#
89,460,000*
$
m am m m M SBw m ?
January
February
March
April
May .
June
July
Auguat
September
October
Hovember
December
Total for Year
t
#
126,650*
130,610*
2,131,600*
1,703,760*
461,400*
629,600*
226,810*
774,700*
969,220*
656,700»
611,860*
#
471,410 c
950,025*
597,406*
664,060*
882,330*
817,480*
815,760*
999,995*
563,600*
246,960*
1,047,280*
1.376.245*
#
1,894,160*
2,110,765*
2,689,155*
2,448,740*
3,109,835*
3,584,510*
2,836,815*
4,050,060*
3,194,690*
3,670,295*
3,723,150*
3.257.730*
*
4,617,3*6.
8,297,900.
8,481,3J£.
8 ,2 6 8 ,4 9 c ,
3,080,(86.
8,422,266.
8 ,2 6 4 ,*"*.
3,817,3
2,416,0*
8,810,860.
8,011,100.
4.184.9Q0y
f
8,988,095*
|
9,421,540*
# 56,771,805*
*
40,766,786.
136,200*
49,600*
64,100*
78,300*
69,000o
90,600*
§
«|•$
$:
rv
fWQ
112,900*
___ ItaSMbu.
I8SUB.BS133UB. AM) DEBTOiCTlCti 01 FSDEKA-L R33ERVE BOTBS SliiCB OPffilKO OP BAKU
Returned by Ban*
to Asent
Received from
Comptroller
TSUS•* ••••
Twenties »**
Hundreds****
Thousands * **
Total
# 5,317*000*
10*020*000*
7*736*000.
390*000.
510,000a
••••••••
490.000*
# 60,617,000*
73,900,000*
66*376,000*
3,390,000*
5*710,000.
6009000.
2.090.000.
# 24,462,000*
#212,582,000.
m m jK L s m
U&i
Tens*•*«••••
Twenties*.**
Hundreds•*••
Five Hundreds.......
Thousands***.
TQTA.L
m , m js s
340.000*
Total........ .
# 5,007,000.
9,330,000*
6,995,000.
3709000*
430,000.
* •* •••••
390.000.
# 68*067,000*
71,690,000.
63,235,000.
2,955,000.
4,500,000*
340,000*
1.705.000* _
# 88, 688, 000.
#202,692,000.
IilnCTHi»YIcij AT ■axM1ililTUli
Beturned by
fieturned other Beturned by Other Fsderal
____
___
Beturned
Ssacfitt
Vlvss........ # 4.260.000* # 3,127,630*
Tens******* 2,546,000.
3,656,090.
Twenties*•• 1 , 020, 000* 1,8129620.
Fifties**••
25,000*
117,000.
Hundreds***
30,000.
167,600.
Thousands....
4*000.
Total........ # 7,680,000. # 6,667,340.
. HUngiittlit B w m Pwlto
# 9,990,000* # 16,574,660. # 35,952,310.
9,612,000*
20,699,460*
36,712*570*
5,456,000.
14,265,080.
22,573,900.
205,000.
366,300.
715,300*
400,300.
849,100*
251,000.
3,000*
11,000.
6 , 000.
7.000.
30.000.
19.000.
#25,539,000. # 54,537,640.
In Hands of
Agsnt
JJsb«fe*r 31.1980.
R tm
f m ...« .» « « .•• .« .« « .« .
(M tttiM ................... .
m t l M ........................
................
fiT* Bundr*ds ............. .
Thousand* .....................
In Circulation
_S#csirt>*r 31.1920.
2,460,000.
2,010,000*
3,140,000.
486,000.
1,810,000.
8*0,000.
386.000.
# 16,797,690.
86,167,430.
82,986,100.
1,649,700.
3,140,900.
389,000.
l.iac.OQO.
. . . . . . . . . . . . I . . . . .$ 9,890,000.
# 81,366,880.
.Ifttal
# 96,644,180*
Batio
Destroyed to
total li«ne. _
67.7](
66.7%
40.1*
87.7%
8 0 ,#
3.2*
6 3 .#
17
IBDBRAL HESERVE BOSS RECEIVED FROM AJTO
HETORKED TO OTHER VEBBBAL RESERVE BAKES
Vm im 1920.
Received from
____ 122S_____
Boaten..................................
M r ......................................
l U U M l b U ........................
a m l n t .............................
filctaond................ ..............
itlw t* ................... ............
cnsioaeo ................................
St.Lonl* ...............................
XftasM City...........................
I * n « ................. ..............
San V M M lM O .......................
fotol............................. .
#
Retamed to
___ 1»2Q
804,900.
8,984,400.
684,250.
1,464,000.
<47,800.
782,480.
a ,888,000.
1,896,988.
3,190,900.
888,TOO.
4.948.888.
|
* 42,784,900.
490, 000.
2,606,000.
8*4,000,
1 , 222, 900,
S47;8M .
486,800.
i6,s96,soo.
988,800.
2,895,800.
■481,800*
8.447.000.
* 29,278,650.
B K U L BESBRVE WtBS SFCEIYED FSOH A©
BEfDBKO TO OtBBB RSDEBAL RESERVE B&BZ8
ST *>»TB3 OTRIS8 1980.
Received froii
____ i m ...-
E» turned t«
tmmrr..............................
*
fUl .............................
$ 42,784,900. * 29,278,680.
M n iu ? .....'........... .
Baroh.......................... .......
i j r l l ........................ ..........
I V ....................................
A M .................................. .
Jaly ........... .......................
It flit ................................
SlftH tir...........................
Oototer........ ................. .
Ssreaber ................ .
Moemter ........................
* « & . . . . J919...................
4,999,2X8, «
2,717,020.
8,466,060.
8 ,1 8 8 ,0 8 .
8,480,740.
8,784,608.
8,627,860.
8,447,890.
8,4*9,168.
8,682,218.
8,628,070.
8.898.088.
*<,747,880.
1,628,000.
2,866,800.
2,2)7,600.
8,106,800.
2,729*000.
2,669,800.
2,888,800.
2,848,000.
2,867,000.
2,841,000.
2.886.000.
$89,608,686. # 29,708,600.
X 'a
*»a
s*a
fa ta l
( n w t o t naa«a>i» a , u »
Baa*A <mm OMVtoaUar ino
* 8,4«o^to. #1osae.no. # ««moo. # s.im.ooo.
4.M2.000. ' 814.000. ' 2.400.000.
g»«sx................................... $ n ,s « ,5 7 o . #2 , 012,»so. #2,es8,soo. #16,*44, 000.
teaa —
DaatrojaA during TOO
Baatroyi
'
O a M n t la f fteoaribMP SI. 1920
* 6,570,600. #1.840.000* # 804.500.
# 4,828,070. # 772.930. #2,294,200.
#«,414,a00.
«7,M 9,800.
AL HESROT BAJTC M B U D B E . SEPTEMBER
l»a
FOOOiTOd fMB Ooaptrollor
2fa
5*#
Total
# 12t4640000o $20312,000« $S,320v000o
M itN fld at VMUagtOB
| 796419980o ♦l055f,OTO# tl90669800« |lOv266t80O«
Qa Hn& Daoaribar Sl9 1920
128,978*
35,512.
9,540.
194*000*
la aotaal circulation it/si/io
4 .Q 8 .W L
7»T-dia«
LttLttDa
,312,000.*3,320,000. *18,094,000.
fotal . . . • ...................... 12,464,000a $2,312,000.
UVX9ED S9A9BS SECURITIES WISH TREASURER UHITED STATES ID SECTORS
JBBBRAL HESERTE BARK ROTE OIROULATIOR
______________________________ W - A M B E i _______________________________
2jf » m p y Cartifioatoa of la&obtodaooa tot aaadry dataa 1921
4 19100,000.
4
"
1922
___
........................................................................................... I 8*480,000*
Coaaidarablo difficulty i w osporioneod dariag tha paataix nontha la
gattlag aa adaqpata aopply of aanr n a il M ila*
Tha doaanda of oar Diatriot h m
boo* greater daa to the faot that the Treaaary Depertaant baa ooaaod aaadlag an* aoaey
direct to. beaka retornlag unfit aotoa9 bat roqntata aa to orodlt tto reaitting baak
or aoad aar aotoa oat of oar etoofe
la hurt boon unable to got a aoffloloat aapply of oar own aaall batik
aotoa aad fooad it aeooeaary to got logala froa ladhiagtoa#
M M n
practically oaohango gold for tJkdtod Statoa aotoa0
Thia arraagea»nt0 bowerer,
fba altoatloa haa aar
Ujgw td aad we are reoolTing aoffioient batik aotoo for oar nooda.
M r that the federal Roeervo Bank* are taking oa the redemption of aaall
hllle, it aay ba axpeoted tho expeuee of oporatlng oar Caeh Departaant will aaterially
laoreaae.
Bowmr9 wo aro .oatitlod to replaoeoaate of all aaflt United Statoa oorreaoy
bgr aar aotoa of 111a kiad aad will aar bo abla to ooaaorvo aoaa of aar oaa aoteoo Ship*
ping, rodaaqptftoa aad plato coat of oar batik aotaa for tba year waa Il96881o09t while
the 1910 tar oa eireulation waa $369792.03o
fotal ooata for tho 27 aontfca aa have beea
iaaaiag baak aotoa9 aro #29o402«00 aad total tame paid *51,081.06.
Oar baak aoto
circulation ahooa a refaction of |5009000« ainee a year ago9 bat tMe vaa aade y n i l M
froa tha faot that wa paid oat $700,000* of legal oaoa dartiur tba last six aoftths
1C
-CROSS EARKIHOS B7 MOVTBS FOB 1920.
1920
January
February
March
April
May
June
July
August
September
October
Koveofcer
December
fo m
Bills discount*
edMember and
Bed* Bes•Banks
Acceptances
U. S.
Securities
#2?3,664o33
205,742.69
304,380.41
334,487.06
376,766.64
376,308.98
441,694.36
463,459.43
459,133.07
485,016.49
457,370.53
469,129.53
#35,317.94
16,610.66
23,407*91
24,121o15
21,047.06
17,242o45
16,686.31
9,851.99
i ,793*56
7,602.27
7,136.90
7,043.93
#15,634.27
13,870.37
19,178*25
15,491.60
14,737.05
15,719.68
14,516.32
14,669.01
14,333.33
14,731.47
14,229.51
14,878.57
^4,734,258.72
#191,862.15
#181,989.66
Transfers
Bought * Sold
#59249.25
3,106.00
4,355.80
4,666.4?
6,344o01
6,799.15
8,013.57
6,046.19
9,215.30
10,026.20
6,263.00—
5,158.00
#77,244.94
Deficient Bs
serve Penalties
#2,420.37
I»081c25
904.69
1,980*19
4,390*68
14,978*88
7,461*08
6,198.25
13,236*14
10,987.68
9,944*53
19,160*79
#91,744*53
Miscell
aneous
Total
1920
#2,726*96
79*39*
28*02
6,411*09
25.50
138*49
6,680*19
1,368*78
6,577*32
6,602*96
406*97
379*86
Total
1919
#339,915*12
320,333*60
352,256*08
387,157*76
423,311*14
433,187*63
495,251*93
503,593*68
508,293*72
534,967*07
495,35i*44
515,750*70
#31,268*77 #5,309,368*77 #3,007,040*72
* _ JJac o v e rv .
Average Monthly Gross Earning for year
«•
«
«
"
Expenses
n
•
Met Profits
*
*
n
"
Dividend Paid
•
•
Average Monthly Gross earnings last half of year
Expenses
fiet Profits
Average monthly cost of Federal Besenre notes for year
Rate per oent of Ket Earnings on Paid in Capital Stock for year
#204,303*07
193,851*28
224,984*96
259,044*61
240,427*63
229,249*42
239,951*97
216,$53*48
241,665*85
300,368*89
299,548*66
357,090.48
____________ m
s .
— IftiZ iK ijK .
357,681*89
16,322*55
250,566*71
46,374.22
204,212*49
15,015.52
508,866*07
■MMMA
4M.SX7.0S
275,863*26
49.746.19
826.017.07
442,447*40
9,614.64
119,665 f
\
6,162.25
79.72 $
AfBBIGB MILT BDXJKX60 Of BAHffI» AS3BTS BT XDlfBS FOB
1910
1180
Bill*
B&SMoatsA
AAoentanoes
U.So Bondi 4
Tressy. Votes
fatal
67,067 X
69,221
68*017
69,866
70,860
78,248
77*861
01,019
08*896
08*402
04*878
02*007
0*921 X
4,246
6*488
8*024
4*027
4*089
8*400
1*747
1*189
1*881
1*491
1*868
9*147 X
0*607
11*219
9*848
0*606
9*467
0*686
0*899
0*609
0*618
0*604
0*727
1020
76,062 X
3,646 X
9,026 X
80,756 X
mo
41,759 X
20,602 X
6,676 X
71,119 X
Hnm rj
M vm i
i|Vil
Mr
it ii
«8»t
I^ N iV ir
o m t ir
m
08*308
02,184
79*674
06*068
80*998
06*744
09*697
91*868
98*424
96*866
94*406
92*097
iT U Ifl
AVERAGE BATE
OF EABBIB&8 OX EAfiVIXO ASSTS Bt MONTES
1920*
Bills UMOUted for Xsabers 0
AAosnftanots
%
$
2*010
2,020
2*010
2,028
2*022
2*020
1*906
2*014
2,017
2,014
2,012
2*007
f
fstal
JVM
July
August
9epteaber
October
XOresber
Deoeaber
Average
1920
6*223%
6,269 £
2,016£
6*766
4,381
4*267
2,460
4,1M
Average
' 1919
f
4*610
4*069
6*141
6*366
6*473
6*784
6*234
6*294
6,259
6*264
6,170
6*224
4*904
6*210
6*708
6*880
8*007
6*801
6,726
6*764
6*701
6*606
6*696
6*670
» » *
urn
4*674
4*930
6*002
6*068
6*140
6*200
6*794
6*067
6,100
6*626
6,069
6,006
U»8«,Bends 4
Treaty* letes
f
2
CM
CM
wscorar ophultks® 1920 - i919compara*i?b
Mosfcer of Items
Beeeived
1920
1919
Munfeer of Banks
Served
1919
1920
Month
January
February
March
April
May
June
July
August
September
October
fiove&ber
December
228
221
276
346
441
496
602
488
410
608
687
624
Aaonnt Bsdiscounted in M*s
1920
1919
168
128
142
180
236
212
161
163
164
224
280
270
2,462*
1,988
2,936
6,036
6,616
8,679
7,222
6,646
6,316
8,140
8,216
10*110
764
478
467
846
l t612
1,114
817
794
1,378
3,273
2,969
# 61,183 M
62,836
68,461
89,362
87,603
94*768
72,291
81,183
73,706
83,031
82,688
96.800*
« 17,317 X
12,490
20,981
72,968
81,162
37,862
28,663
38,193
66,861
100,613
88,806
96.743
2317
73,164
18,737
#963,391*M
|661,620*M
VOUiMB 0? fi^-DISCOUBTS FOB 1920*
Korth
Dakota
AJBIIUK
Bo* Pieces
Rediscounted 1920
1919
Total Amount
Bediscounted 1920
1919
1918
1917
6,646
1,626
36,266
10,139
$736,161,863*61
1670,359,414.1b
#368,768,786.00
i 70,234,993o00
South
#
f
#
#
60,331,896.6*
16,664,910.41
17,616,176.00
3,060,613.00
WUcoKBin
13,032
2,678
11,939
3,M 6
#
#
#
#
67,876,616.47
46,860,060.86
31,766,675.00
2,357,986.00
#
#
I
#
2,108
614
J
Michigan
362
333
___lasti.
73,275
18,737
19,516,346.19 # 6,924,176.23 #953,391,763.10
63,692,374.96
6,667,289.76 I 6,908,662.75 #661,520,378.37
14,170,110.96
11,794,376.00 # 10,284,681.00 # 4,669,108.00 #433,791,800.00
481,822.00 # 80,154,715.00
2,815,187.00 # 1,204,175.00 #
KBMMWTE SW IBBlff g g g m t a a B E S E
XUfi. SBSSESBL.SBBESUi 8BSEB2& £U X S t
jg m m ia .
. f n«u»n«
1920
Aafttmt
#
521,670
990U
m *
180*356
Mir*
466f408
Apr*
621,028
449,900
«ay
470,358
Am
878,027
M y
191,226
lag*
Sept*
275,108
540,219
Oct#
JTcr*
444,072
Deo*
JB S JS tL
80069,141
1,228,064*84
486,799*6?
1*421,841*64
1,948,998*64
1,440,949*67
1,787,417*69
1,072,685*88
474,8*7.06
1,124,442*20
1,938,482*79
1,365,017*35
16,416*620*21
1919
an fet r t f S tr o m
Jan*
!»*•
Mur*
Iff#
ftqr
Mm
Ju ly
lag*
Sept*
Oct*
Sfcr*
Bee*
181,008
76,955
849,491
666,868
714,816
861,017
244,486
124,566
840,184
808,074
882,868
77T!i Q6
8,192,958
1,669,887
847,604*88
187,n7*66
976,801*78
1,789,982*18
1,888,626*88
948,866^7
524,460*68
285,511.59
19026,867*74
20274,460*20
10467,472*55
B.TH itM iM
U ^ H 4 t t .n
1918
1917
45,089
4,3S0,MS.Se
r n .6 i5 .t 7
23
qollbomoh BBPiHnaara
nrMPUjTaoat n» rnmm n» tmm* BgCBITOD K g OOLUOnOlf
amiHS 1920 and 1919
am *
flm.T^wftns
1920
1919
7,921
January
7,875
February
5,202
5,151
March
6,150
&,784
5,888
4,652
April
5,657
5,819
May
7,514
6,760
June
6,158
5,999
July
6,682
5*792
Auguat
12,194
September 10,972
11,420
11,780
October
Hovember 11,887
9,846
10.049
December JI0477
98,068
total- 99,644
Average
Monthly7,756
7,804
our
# 72,975,000,48
W CTCT gttSSCTMW
1920
• 1919
541
1,573
1,884
592
2,189
360
390
1,869
1,508
490
2,858
396
2,466
909
964
4,179
8,841
492
11,465
729
1,988
10,519
18.528
1.599
7,584
61,279
692
5,106
1920
9,448
6,485
8,289
7,757
7*327
9,118
7,859
9,971
19,813
23,245
22,406
23.705
154,923
1919
8.462
5,794
6,144
5*042
6*147
7*910
6*ffi
7;M 6
12*626
12*249
11*294
100,652
12,910
8,888
TAim n» ti-ais sbot m u i«»n
C0CT«T
JMAL
# 86,420,677.01
# 129,898,877.49
wrwt ■wtatantBB of a n m m
JSBLfcll
U M ilte
JMttOjr 1920................... # 61,478,848.25
Mteoary.........................
81,860,090.80
k rth .............................. 112,166,118.78
April.............. ...............
44,168,892.82
B y . . . , ............. .............
11,264,489.90
........ .......................
80,467,428.98
J*ly......... .....................
18,994,088.02
Aagut........................
10,280,888.17
SqptoobMr........................ 28,788,418.96
Oototor...........................
11,896,888.62
Im r it t .........................
17,892.820.29
» • « « * « ........................ .
89.898.794.07
fot*l«................ 4 489,068,818.78
1919.
1,082,889,290.42
*0r«rdi»ft
nm
seam s,
Tjthdra~*i«
# 60,470,602,28
84,012,060.21
1U ,688,(»1.44
42,224,726.20
11,280,288.26
80,987,889.19
18,988,848.92
9,998,468.49
28,069,210.28
12,888,418.82
17,977,214.40
88.991.176.60
# 486,021,986,46
1,086,887,684,78
1,521,192*96
680,886*98*
119,749.22*
719,407.80
789,991.94
269,676.73
902,882.89
557,275.91
1,221,481.12
784,620*92
690*126,91
818,187.11
m
Baring tha 9 a Payment Period* which eowt four tinea % yiur,
bare been
required to oradit immediately the Creasurer'e Account with lt#ma throughout our
diatriot, and have been foroad to oarry tha float by making immediate paymaat in
gold for naturlng treasury Oartlfieataa. Any orer-draft la exoeea of unoollaetad
lteme m a covered by
Special Oartlfieataa, ufaioh
vara required to par*
chaee from tha ftreaaurer. Objections by several M e ra l Beeerve Banks to thia
lav rata of interest brought an inoraasa to 4£ as of December 19th, 1920. V i,
however, ara vary mah opposed to carrying float for tha treasury Department
when we will not oarry auCh float for oar Itebar Banka.
2$
m
w
1920
BiOtlpta....... *84,009,765*
Shipments *••4180,069*817*
w
1919
i
#71,079,879*
#101,202,896.
m
,260,796.
929,166*
masBxt m^mrn bask i« ,jm n iig Q a a
Kail
tionth
v/lre
Amount
Hq*
3013)
m m m ,
lire
KO.
Amount
71 # 19,266,007*
47
13,340,595*
57
17,905,716.
13,945,179*
60
15,410,610*
66'
14,515,667*
69
13,515,700*
July.••*.*•
53
11,033,129*
51
August***••
15,064,336*
September* * 55
October*...
16,300,621*
52
November* *•
12,026,756*
56
Deoeriber***
52
10.030.641*
Total********693 #172,375,167*
526 # 67,244,365*
505
51,329„773o
562
66,1&1,752*
478
47,533,521*
515
48,945,541*
547
59,483,235*
706
72,708,384*
633
67,451,994*
81,509,090*
781
821
62,276,195*
721
83,966,219*
728
83.249.162*
7543 #813,859,341*
>#166,202,000*
#623,197,000*
January...o
February.oo
Maroh*ooo*o
Account
HO*
476
446
760
788
694
770
712
755
752
864
795
775
8587
46,546,732*34
37,312,644*02
68,839,627*93
56,664,077*03
52,602,353*72
53,254,211*32
38,491,086*06
39,473,364*72
39,862,613*07
49,293,367*92
41,411,513*83
37.257.975*14
#559,429,767*12
On Hail Transfers bought,. and for delay In wire transfers, a
charge of 20 oents a day per thousand Is made*
No Mail Transfers are
sold by Hiis bank*
Sinoe the installment of the private Wire System,
there ia no necessity, in our opinion, for the sale of Mail Transfers*
ANALYSIS OP WIRE 0BAK3PEB3 SOLD
mm&mmmMmmt
w sm
Boston................ ..........
New York..................* ***
Philadelphia.......*.........
Cleveland.......................
Biohmond.****........ **•••
Atlanta* ........................
Chicago........................
St* U uie......................
Khnaas City...................
Dallas...........................
San Tranoisoo. • * • • • • • • • •
m am
# 2,790,991*21
242,046,913*01
369,362*56
970,754*16
6,000.00
42,505*01
234,121,356*97
991,467*03
20,765,624*76
20,639*07
57.311-993*30
#559,429,767*12
72
2,992
10
69
2
4
3,356
22
712
6
1.342
6,567
OPBBATIHS OF PRIVA1B WIJMfc
1920
m ........................
SBMT
HBOBITO .
1219
1220
1919
1196
1071
1637
1994
1461
1719
1756
1796
1754
1945
2035
2408
20166
702
561
696
601
829
769
781
8a
669
997
999
1416
10165
1143
1071
1443
1214
1318
1531
1737
1730
1854
2006
2011
2355
19415
1001
760
990
1029
1095
962
1056
1064
1071
1127
1069
1234
12460
10005
• ** * *
6955
• •• • •
1661
847
1616
1038
t a k B 3 I T
P. E P A lt ™M B_K_g
During 1919 the Transit Deportment with 101 employees handled 10,747,657
items, totalling $2,770,0089637,46
Baring 1920 the employees increased to 188 and the total items handled
amounted to 22,791*067, totalling $40323,727,644o45e
o w M im sT kT isncs
Eumber and Amount of items handled daring
1920.
a n m DISTRICT
Number
OTHER DISTRICTS
/
Bbmber
kmcmnt
Brin City
Ban3cBooococo20901*797 #1,914,838,005*85
Member A
Non-Member 17e239rj?04 1,438©116,862*32
Paid for VoSo
Government___370-672____ « t>gg,177t «
kwemnt
Federal Reserve
’ BankSooo«o.••••1,269,029 #594,660,255c68.
Sent direot by
Meiriber Banks o d ,019,665
312,159#343o52
-• .
• ....
-_
Sstal.oo.......... ..2,878,6*4 #906,819,5*9.20
Total.......... 2 M 1 2 C378 #5,416,908,045.25
1*1*
S S IE O lS S iliS
Hbmber
kmaant
M s City
Banks....... l t865,012 #10502,509,472.B9
Member 6
X?on-Member 8,021,305o 772,£59,604,00
Bald for TJ*So
Qovenmnt *87.880 ___ 66.860.848.41
Bomber
kntmt
Federal Reserve
Bank*.................. 502,014 #408,446,555.71
Sent direct by '
Ifember Banks
1,446
21,435,878*75
.........
-Total.................. c505„460 #427,879,218o48
Total........10,244,197 #8,548,189»425.00
Daly average aafbtr of Items handled—
1918*..19,985
1919.c*-35v354 1920. ..71,015
M b City Clearings handled throng Federal Reserve Bank In 1920.......#5.244,120,869.24
*»in City Clearings handled through Federal Reserre Bank In 1919.o ...< *#2,899,427,855*80
WMHTO HAHKS MtD OIBiSllIgS MMMBanB* BAKES
■Kkxna TOE or THE OLEARITO A™ nrrr.w nm
FACILITIES AS Cl* BBCEMBF.B 81.1919 and 1920.
by1It
In ter Banks ........................... .............................
Fon-*embor clearings Aoeoonts ..................................
Totals....... ............................. .
_ 1212_
1880
285
a
891
857
s
862
srassi* wm m m exebbse
FEDERAL RESERVE BAKE OP MIBHEAIOUS
tMO
Total for
m lfettttl.i..... .
Tbtai since
n..inftMBaXfcJL&SSL
35 731,20
241,37
838,00
l c060,16
59,50
179c690,93
496*87
8 275.90
4(546,91
653*80
172,16
1,474,98
23*59
606*37
2S0w88
3,527,06
19063o33
8,143,32
m am w m m m
Salaries* Clerical Staff
Speeial Officers & Watchman
All other8 Enplefees *>sc Agents
Orertiaa
Supper money
X
Life insurance premiums (employees group inso)
Agents Expense (Postage)
Officers- and Clerks9 traveling expenses
Rent
Taxes and fire insurance
1*170,75
Telephone
42,65
158*15
Telegraph
1094ol3
2.487,78
Postage
80479«26
88,322*24
Bxpressage
676*22’
9^676,74
Insurance and premiums on fidelity bonds
111,0?
10986*32
2j266»17
20,977*84
218*61
4,764*87
48*878*84
299,158*88
Printing and stationery
All other expenses0 BrS^ including exoh- paid
TOTIL EXJEHSESOF OPERATIC!* • • . , ................ , ,
61.204.15
Furniture art equipment
TOTAL CUHRBHT EXIEKSES * 0
« o ................
110c079,69
860^887*68
27
HSIlIBtJHSABEE Zm m iTM ZB ACCOM® FISCAL AOKJW OPERATIONS AHD
TAR PIKAKGE CORPORATION 0? THB FEBEIUL a3?5*m BASF OP THHlt!AJ0II9 fOR
Total for
TOtal since
......
BPIKSPBSABLS EXISIHLITIRIS
Salaries: Bank officers
Clerical staff
Officers* and clerks * traveling expenses
Ttoblioity
Veni
Equipment
Telegraph and telephone
Postage, expressage* etc©
itail Insurance
Printing and stationery
Kewspapers and directories
All other expenses. n. Sr,
550,00
23,191.90
321o95
324.35
491oil
534*63
292,67
400,91
3,62543
20o89
6,393?44
189,815*70
3,415*04
7,487o90
5,357*22
9,768,54
3-703*28
9,808*59
17o23
36,506*73
348*74
JkfiMtZL...
TOTAL FXEEHDITUKBS
33.048. 80
251,719*20
* « • * ................. ..
Amount reimbursable January 1 , 1920
Total Disbursements to December 31, 1920
129^285»17
• . .
• « •
381^004 37
Reimbursement reoeived from U .S. Treasurer since Jan> 1 ,
including other recoveries
Total disbursements for *hich reimbursement lias not yet
boon received <, * © •
c o
•
.
•
1920
326, 697.60
• .
Total for
Amounts included in above "Total expenditures11
reimbursable by:
United States Treasurer
54,306*77
Total since
Jan •. 1 192Q_
33 048, 80
251(089r23
33,048 60
251f719c20
t?ar Finance Corporation
TOTAL EXTEKDITOHES
28
TREASURY SAYINGS CERTIFI OATES
Maturity Value
Sold for Cash
# 181,100o00
leaned in exchange for
War Savings Certificate
Stamps
...
(m n n o m stamps
Sold for Cash
71*361.00
leaned In exchange for
Thrift Stamps
______
79-645„00
TOI«1> 3TA1E3 TOHIW 3T1MP3
Sold for Cash
9-*12.00
9.*12°00
OERTXFIQAT5^QF„IND£BTSDEESS DEPARTMENT FOR YEAR 1920,
Total anDtmt of Certificates of
Indebtedness redeemed
$ 248,882,500.00
Eamber of Special 7ar Loan Depositaries
in District at end of year
AMOUNT OF SSOUEITIBS PLEDG3D AGAINST VAR LOAN
DEPOSITS AS OF END OP EACH MONTH
January
February
March
April
May
Jtone
July
August
September
October
November
Deoeidber
t 24,726,666,00
18.883.468.00
9,580,863*00
14.427.765.00
11.650.200.00
9.886.150.00
6.985.300.00
6.742.800.00
8.677.400.00
8,423,000.00
8.053.100.00
11.256.050.00
1746
o
CO
United Statoa Cartifioatoa of IndobtaAnasa
liw ri tortm \ to M *sJ9M .
Allottaent HO* Allot taont Ho* AllOttaont 10.
Allottasnt VO* Allottaont VO* Allottzaant VO*
25M & Lass Of 25il to 50)i Of SOU to
250X to
50081 to a
Of
10011 to
Of
Of
of
100M
Subs ft
Sub?*
500)1
250H 8aba*
Suba* Million & Subs*
Subs*
©▼or___
Data
of
1SSU9
1-2 TD
2-2
3-15 m
4-1 B
4-15 J?
4-15 G
5-17 H
6-15 TJ
6-15 A
7-15 B
7-15 TK2
8-16 C
9-15 TU3
9-15 TS
10-15TH4
11-15
32-15 TJ2
12-16
Totals
Totals
4,094,000
4,149,000
1,347,000
2,902,500
1,645,000
1,457,500
786,000
745,500
532,500
461,500
332,500
1,166,500
335,500
916,500
565,000
695,000
448,500
1,096,500
458
468
186
350
202
247
138
156
70
96
92
333
52
260
156
146
58
300
23,676,500
470,000
984,500
235,000
597,500
195,000
35,000
15
30
7
18
6
1
3
3
2
1,550,000
1,754,000
484,500
775,000
250,000
412,500
355,000
150,000
260,000
100,000
29
31
9
15
5
7
7
3
5
2
93,000
92,000
60,000
47,000
70,000
295,500
145,000
33,000
100,500
316,500
1
2
8
4
1
3
8
150,000
404,000
53,500
275,000
455,000
326,000
378,000
3
6
1
4
9
6
6
3,769,500.
3,766
Total Allottaent all Groups
8,132,500
112
2,154,500
2,082,000
941,000
1,000,000
1,064,500
508,500
200,000
1,290,000
830,000
100,000
400,000
729,500
805,000
801,000
565,000
1,056,500
200,000
953,000
18
17
8
'9
9
5
2
8
6
1
2
5
6
6
5
10
2
7
15,700,500
148
700,500
3
250,000
490,000
305,000
1
1
1
300,000
250,000
1,100,000
500,000„
1,126,000
1,020,000
1,300,000
7
500,000
500,000
•
1
1
500,000
1
820,000
1
1,509,500
505,000
2,581,000
3
1
3
1
1
4
1
4
3
4
7,341,500
126
6,546,000
Total
eaoh
iasuo
Total
Saba*
•aoh
liana
15,515,000
8,969,500
3,257,500
6,265,000
3,979,500
2,413,500
1,341,000
2,278,500
2,214,500
721,500
1,032,500
2,093,000
1,864,500
3,986,500
2,050,000
4,875,000
2,600,000
6,625,000
530
546
211
394
224
260
147
170
85
101
95
342
67
280
170
173
73
328
13,461,500
24
17
. . ..................................................................................................... .................. * *
72,082,000
Total Subscription all Groups ................... ... . ................... ................................................. .................. . « « • • • • • * * • *
*4,196
AUDITOR*S BEPORT
FEDERAL MSFRW BiM OF MINKEAPOLIS
FOR THE YEAR 1920
January 10, 19210
to the Directors of
federal Bosom Book of Minneapolis,
Gentlemen*»
I submit herewith the Auditor's Annual Beport for
the year ending Deooeiber 310 1920o Monthly audits have been
made at far as possible daring the year of the various depart
ments of the Baako Continuous audits having been kept on
severel olasses of morko particularly the oash and securities
in the Beaerve Taultc
Semi-monthly audits on indiscriminate
dates have been Maintained on the cash in the various tellers
handSo
She audits for the month of fieoeoiber which have
been performedc as per Beport of Proofs end Verifications here*
vitho disclose that the routine voxk of the bank is running
smoothly with nothing of sa Irregular nature to report* All diser^pnoies found during the month hare been either traced and
adjusted or are in the course of being traoed sad adjusted#
Admittance to the Beserve Tault sty still only be
had whoa aa Offioer of the Bank aad the Auditor or his represents*
tive are presents the Offioer holding the key to the grill gate
and the Auditor or his representative the ooribinatioao
M b*
HOMILY 1T.FORT OF PROOFS A3SD VE31?IdS.'i‘I0ir; m W ATJDIT aSSATOFET OF
®HB FS2ISHAL ISSKnv? m m OP HIHHBAPQI.I3 PGR WE MO’TTK OF DBOEHEH 1920
L0AK3 Am n m s m m s
Bills Discounted - Members
Member bank collateral notes
Acceptances
Banlcs Investuents
Premium or Discount Tied* Securities
Accrued interest U*S* Securities
CASH
Reserve Cash
Paying teller4s cash
Receiving teller s cash
Money teller7s cash
Rote teller9s department
Gold Redemption Fund
5RAHSI* Ami OOIMOTtOm
Exchanges for clearing house
Checks and other cash items
Bold over nail and Items
Date of
Preceding Pro
_Ecoof this aontlL
Due from Foreign Accounts
Due from member and non~a»mber banks
Due from or to branches
Due from Federal Heserve Ban^cs (Deferred)
jz&imkAsaamsL
Ledger
Stock Certificates
m sssm
Dae to Foreign Accouu t3
Dus to Msiriber banke^. Reserve
Due to Member banks0 Deferred
HOo of a/o of msmber banks not reconciled during Hoo
Accounts with F*R* Bank reconciled
Qovernmsnt deposits
assw m LM sm
Cashier9s and Heturn Item Checks
Exchange - transfer and other drafts
Difference Account
Expeases - Current
"
- Liberty Loan
Postage - Purchased
"
- On Hand
"
- Used
"
- Internal Revanue Staqps
Warnings •> Bills discounted
"
- Acceptances
"
c. Bank08 Investments
"
- transfers bought sad sold
Penalties on deficient reserves
Unearned Interest on Baak’ s investments
"
discount «* Bills discounted
"
discount * Acceptances
Incoming currency shipments
Outgoing currency shipments
m m &Si
Federal Reserve Kotes
Gold aad lawful money held
Custodies for other Reserve Batiks or agents
(m m rnm >
Items held or in course of collection
Securities held for member banks Safekeeping
Collateral Cage
Reserve Vault
Securities held for other FvR.« Banks
Branch Audits T*y Auditor of Bank
Dec , 4
w 4
"
4
"
4
Dally
It
Hov* 22
*
22
"
22
« 30
Dally
*t
Continuous
Dec® 4 & Z*
•
4 & 23
19 4 * 21
Hone
Weekly
Continuous
HoraO & 17
19 10 & 17
» 10 & 17
Hone
Weekly
Deco 17
Daily
Hone
Hov* 26
Dally
Hone
Hone
Defer 29
Hone
Dally
Hone
Hov« 30
Hone
Daily
Dec* 1?
Continuous
?rov« 26
Continuous
Hone
DSC* 10
Deo* 28
10
DeCe 15
Dally
Hone
Hov«10
Hor*27
a
Semi-monthly
Daily
i«
it
it
Continuous
Continuous
19
Deo* 24
19 24
Hone
Daily
It
ft
ft
It
Hone
Dally
Deo«31
Dally
«t
•t
it
♦
t
Continuous
Conti mous
Continuous*
Hov. 30
19 30
Hone
Daily
n
n
•t
it
Hone
Daily
Hov»29
Daily
n
Hone
Continuous
it
Hone
Dec*29
Hov.4
Deo* 4
Continuous
Deo* 4
Hone
Hov«29
Continuous
!ft>v«22
Hone
.31
mom nx MkvKS o* iHOOFa Am v^m c asio *s by «kk ai^i'x »®?AMTU£im
OF SES FdDSBAi B M m * bJdii£ OF KIKKSArOLIS FOB 0512 HOME OF DBC&I&BR 1920
Bate of
froof this month_______fttOMtttaK f W tf
Beeeived account sale of Beads
•
a/s
"
Cert, of Indent.
"
"
11
War Savings Stands
Receipts deposited with Treasurer, UoS
Items held in suspense
Unpaid balances
^ f f M H l P W * * 19
Bus from depositary banks
Interest on bank balances
Collateral held as security
Collateral Cage
Beserve Vault
By Custodians
Verification sent to depositary banks
Q m m m s i 'M m iQ K .
Depositary balance
Interest on balances
Collateral held as security
Collateral Cage
Beserve Vault
By Custodians
Beserve Banks o n temporary certificates
Verifioation sent to. depositary banks
Collateral held as security
Collateral Cage
Beserve Vault
By Custodians
OOWfflSIOg MTIBIQB
8MoritlM MMlvad tor oonrarslon
»
oa
Conversion securities del'd to Subscribers
"
”
returned to Washington
m
Bonds
Bonds
Bonds
Bonds
Certo
M
m
v m
'M
m
m
.
received from Washington
delivered to Subscribers
oa hand
returned to Washington
of Indebtedness reo9d from Washington
"*
delivered to Subscribers
"
on Band
"
Beturned to Washington
received fron Washington
*
oa Consignment
»
Sold
"
on Band
"
returned to Washington
*
received frco Post Offices
*
destroyed
Interim Certificates received from Washington
"
”
delivered to Subscribers
«
*
on Band
*
"
returned to Washington
Return signed receipts checked for Bonds
*
•
•
"
" Certo of Indebto
»
"
■
m m
Stamps
B&ehangs Bonds received from Washington
"
*
*
H Subscribers
"
*
returned to Washington
*
•
On Hand
Bone
Daily
Daily
M
Bone
Bone
Bone
Daily
Daily
m
Bone
Bone
Bone
»
DeCc 4
Continuous
Deoo 4
DeCo 4
BOVo 29
Continuous
Septo 8
Sept. 8
Dec* 31
Dec* 31
Hovo 10
Deoo 4
Continuous
Bone
Daily
Deoo 4
Bov. 29
Continuous
Bone
Daily
Sept. 8
Deo. 4
Continuous
Bone
Bov. 29
Continuous
Bone
Dec. 13
N
Dally
M
NOV. U
m
Daily
w
Continuous
Daily
Dec. 13
Daily
Q ontinuous
Daily
Dec. 13
Daily
Continuous
Deo. 4
Daily
Dec. 13
Daily
Continuous
Deco 27
Bone
Bone
Bone
Bone
Bally
Continuous
Daily
Bov# U
Daily
Continuous
Daily
Bov. 15
Daily
Continuous
Oct. 15
Daily
Bov. 8
Dally
Continuous
Bov* 27
Bone
Bone
Bone
Bone
Dally
Continuous
Bee. 18
Bally
Bee. 13
Continuous
Bov. 11
Daily
Bov. U
Bov. 30
IHVESBE1TT OIERAHOITS TXJHIHG SHE ISDETH OF DECEMBER 1920
REPORTED BY TEE FEDERAL RESERVE BAKK OF IttHHSAPOLIS
1*
Bills disc aerated for meniber banka
$
96,299,946*16
2* Discounted paper acquired from other Federal Reserve Bks*
So
Bills bought in open market:
(a) From banks & dealer# in own district
670,158o89
(b) *
*
»•
other districts
(o) For our a/c by other Federal Reso Banks
4*
Open market paper acquired from other Federal .Reserve Banks
5*
Bill of Lading !)rafts
6*
Uo S* Bonds bought
7.
If* S. Bonds talsn under repurchase agreements
8*
TJ* S* Certificates of Indebtedness bo&git
670,156o89
56,486.26
4,049,000*00
9* Uo So Oerto of Indebtedness taken under repurchase agreements
fetal discounts and open market purchases................... ... •
101,075,591*51
10* 0. Sn Bonds sold or redeemed
11* tr* So Certificates of Indebtedness sold or redeemed
TOTAL tr> So Securities sold or redeewd * » « * « «
4^050-500*00
• * • *
4,050,500*00
12o Acceptances bought for the aooount of other Fo Ro Banks
Jtambsr of member banka in district at end of month ................ 1,009
itamber of member banka accomodated through the disooont
of paper during month o o « * * « * * * * * * * » * « « u
664
AVEHA3E AMO0HT W EACH CLASS OT EABHIK3
ASSES BELD ST IBB FEDERAL RESERVE, BASK OP
XmSEAFQLI30 EARHIBGS AK> BASS OT EABNIKOS
(LESS 00HXISSI0H3) JHEBEOH FflR JHE MOKTH OIF
DECEMBER 1920
Average daring
Bills disoooated for
1M b ers & f* H. Banks
Earnings for
Month
Pate
82.807*000,
469,129o53
6o6704
BilltB Ottght
1,,363,000.
70043o93
. oc0655
united States Securities
8,727,000c
140878v57
2(>0074
98,697,000.
491,058.08
6.2238
H M l . . . , ................................ , . .
34
eakbthfgs of
am frdpral b*s~bve um
of ioiweaiolis
FOR THE MONTH OF DECEMBER 1920
Total Haot
J f l l .U M ,
3aa» Bsriod
1*1*
$ 469,129.53
1,776,006.41
1,070,126*60
7o043»93
54,114*96
446,447.64
Uhitad Statas aaeoritiaa
14,678*57
67,358.24
91,894*86
Transfsri - liat Earnings
50158«00
46,722.26
26,629.73
19,160.79
66,986.47
14,565.47
379.68
22,016.10
1,518*06
Total for
-JteflL..Bills diaooantad:
Member and Faderal Haaarva Banks
M ils bpaght in opsn aarkat & F.R.Banks
a
Dafioiant raaarra panaltias
Uisaallanaoas
SOSUt SABKHQ3..................................... * 515,750.70
5,055,206.44
1,655,179.35
OTBKEH* HOSKSES OP THE IEDSRAI. H23ERVE BAEK OP MlENFJU’OtlS
Pffit THE MOOTB Off BPftTMKa 1980___
Total for
Total alne.
MWtt______Jnly 1.1920
Saa» Period
1919
j!SEH3E3 Or (WE1AW0M3
Asseso d/p Expenses FoB. Board (IfiOc proportion)
Federal Advisory Council (Foes & Graveling Expo)
Governors- conferences (inol:. traveling expo)
Federal Beserve Agents* conferences ( w " )
Salaries: Bank Officers
Clerical Staff
Special officers & ffatcfcmen
All others Extra Help
781 87
Overtime
3794^42
Supper Money
Life insurance premiums (employees9 group ins.)
Directors^ fees
Per diem allowance
Traveling expenses
Officers0 & Clerks9 traveling expenses
Legal fees
Bent
Sax*s and fire Insurance
Telephone
Telegraph
Postage
rxpressage
Insurance and premiums on fidelity bonds
Printing and stationery
Repairs and alterations
Cuirency shipments to and from member and nonmember banks & between FoBoBanks and branches
Currency shipments (other than F BoBfc; notes) to
& from Washington or sub-treasury
All other ea$enses, n„s„ including exchgo paid
Abrasion on Gold Coin
TOTAL 2XTCNSES OF OIEIUTIOW <
965.45
•
•
e»
lit690*46
73,136*89
2,202.93
5,912c75
478.17
311.42
27.11
48,882*25
218,248.86
3,931.80
9,382c30
447*23
•
340.84
29,678*40
119,005*30
5*270*18
4,700.79
464.27
380.00
70.00
528.07
1,844.70
250.00
2,504.05
30*90
306.55
2,395.58
8,027.00
1,542.88
3,300.03
7,831.37
4,796.94
16,510*22
2,567.21
1,880.00
380.00
1^325*60
8,417.90
1,725.00
12,630.86
1,098.65
1,394.20
9,726.43
41,374.90
5,511.75
8,964.18
38,777.87
20,056.08
2,284.20
•
1,950.00
440.00
889.69
3,655*71
l,500o00
7,661.48
71.64
1,244.21
1,628.21
17,167.80
369.93
5,01186
14,641.82
3,341.17
l o042.14
6,760.51
4,661*09
182.21
1,982.61
-
2,558.98
9,458.66
366.04
5,251.37
1,549.16
............. ... 129,945.84
464,302.40
237,443*59
46,600.90
14,326.72
22,865.02
60,811.10
21,475*84
8,101.52
14,272.20
17,184.04
Federal Beserve currency (origo oost & ship* ohgs.)
Miscellaneous charges a/c Federal Beserve Currency
Taxes on Federal Beserve bank note circulation
Furniture and equipment
42,372*81
130316.95
3,882.81
14,421.89
TOTAL CURBBHT EXKKSSS
208,869.80
627,906*14 . 298,477.19
Transit Department expense included in above '
110,079.69
240,642 21
69,602*25
36
LI BB3BRVB a m
OF UHOfEAPOIIS
N
CO
HBPOBT OF M E TRAH3I T U g A Ig M g t JO B OBOBiaBB 1980
DATS
1?20
Deoeaber 1
*
2
tt
3
It
4
n
6
it
7
M
6
»
9
It
10
«
11
It
13
•»
14
*t
15
«t
16
It
17
It
18
•t
20
It
21
«t
22
«
23
W
24
It
27
It
28
tt
29
tt
30
tt
31
CtMBTBfta
iiOTfllf
iminnn * arm-maram
iMBUfcl
nwnra Mffleaw mwtg fflASJBaJBtJSffll
m m
MO.
Ms.
5,121,802*48
7,329*818*37
67523
4330
10761
65217
4,872,056*56
5,457,717*22
3911
10418
66253
11466
6,416,759*96
4,839,922*49
3979
61341
4,330,754*95
10040
5,253,594*65
3950
16108
6,111,019 *23
77280
5,389,662*55 4368
63287
8987
5,099,923*47
4,392,508*34 4583
9685
6,455,875*38
69909
4,882,691*01 4092
11846
5,185,214*73
3972
72512
4,759,110*04
10734
5,997,347*56
3756
73154
4,539,751*20
4071
9736
64550
5,732,821*75
4,662,011*29
14629
88618
6,448,713*11
5,909,788*50 4087
61547
10513
5,054,215*49
4,338,518*65 4763
9328
5,900,032*93
67348
4238
4,578,668*59
15321
79935
4294
8,702,870*93
5,418,520*29
6,810,940*55
9631
61063
4,891,577*58 4309
61568
4,060,582*77 4598
10131
7,003,986*72
84287
18972
7,190,072*75
5,514,320*91 4084
57785
9250
4,952,850*15
3,456,633*28
4944
63520
10513
3,854,216*18
4,289,899*08 4164
63049
9612
5,007,480*88
4005
3,544,150*62
6,498,874*67
3,478,876*07 4171
10068
59812
4427
79939
19151
7,589,462*50
5,284,114*44
3,827,473*67
8910
58554
3,563,331*80
5482
8826
5,241,472*86
4546
56894
3,665,198*15
10881
4,524,946*64
64380
3,887,386*50 4168
11382
5.855.376*99
63256
4.204.490*62 4653
295899 153,503,079*34 1752581 117,876,328*76 111845
1,510,704*20
960
1,359,242*72
1260
1,433,694*78
1540
2,017,492*75
1385
1,628,780.55
1540
1,326,034*28
1890
1,086,593*57
1683
1,756,222*23
1673
752,261.94
1643
1,486,261.96
1335
987
1,177,484*95
1,870,901*99
1334
954,956*41
979
1,646,114*84
1054
1,490,505*28
1818
1,758,803*91
9076
1,242,323*97
9492
4944
1,376,906*61
4068
1,116,090*19
2285
725,469*25
1,159,898*50
2179
1,245,860*83
1615
1,015,462*34
2436
1,123,117.68
1473
1,365,635*86
864
894.439*35. _
m
34,527*240*54
48425
m m
Amount
38,351*74
41,308*40
55,407.65
88,175.24
68,632.84
88,861*54
191,969*60
194,983*97
48,889.29
970,741.92
64,292*69
923,199*02
99,596*41
427,532*92
153,586*01
95,514*31
423,744*90
1,378,906*61
75,325*46
70,750*72
48,439*90
46,610.49
125,112*33
180,329*15
82,986*37
410.647*68
5,133,892*10
dim m 10 nwnm b m » m
ilKS., si m m w m
Abss &i
9569
3440
3129
3774
4397
3720
9957
9945
9697
9461
4215
9906
9475
3399
3574
765,114*22
671,051.64
899,599.41
806,843.78
962,251.69
671,041.85
680,956.54
838,962.97
990,942.92
747,154.92
892,599.62
727,788*05
666,586*99
690,977.96
779,999*89
508,762*66
4209
926,979*79
3461
792,641*67
3530
689,118*14
3527
705,895*80
3162
562,079.59
1,070,094.74
5406
3498
596,087.52
3806
659,505.69
4261
694,550*96
4175
751.U01.50
♦97277 *19,618,491*93
Average
iia a o .
_____ ............. Rlfl-77.
■iv. ont• f «ia« 4
...............M .9S.
Average number of remittance letters sent out daily*
9319*
Grand total of items • •
Grand total of amounts
aAaaaaaa *308a jLaa
*ngure* not included in grand total* of ltoaa and aaotmt*.
37
FJSDtgBAX* BjBStiSHVB BASK O f
TWIX CIS!
HMfim
ft
W4**Pw fltJtA
WVMBMB
VWV
W
THROUGH
FEDERAL RB3£R?£ BAM
1920
I*c*mb#r 1
•
2
•
3
•
4
•
6
•
7
•
8
■
9
•
10
•
11
•
13
*
14
•
16
•
16
•
17
•
18
•
20
•
a
■
22
”
23
«
24
■
27
•
28
•
29
•
30
•
31
Afr™*
9 12,058,099*89
10,506,509*82
11,338,467.09,
9,841,622,26
10,910,524*31
9,569,105*70
11,274,262*12
9,869,593*67
10,485,845*81
10,569,579*69
11,174,475*63
10,248,510*51
9,958,222*05
14,317,494*78
11,444,808*80
11,727,002*55
ll,953f542*51
9,190,664*53
7,507,349*64
8,593,380*38
8,627,575*47
12,234*269*29
7,938,336*80
9,234,280*95
8,366,345*01
____f t im t M M g .
t 268,813,894*79
38
CUHHEUT BXEB88E3 OP THE
FEDERAL HESERVE AGSHT
DECEMBER 1920______
for
Dl .
Salaries:
Bank Officers
Clerical staff
All other * Extra help
t
Total since
jBB3L3LjLsJi2SfiL
40402*09
*,£08*34
44*37
I 85*700*06
18*980*48
348*18
31*07
322*13
Officer8* & Clerks9 traveling expenses
446*96
70204*31
Bent
150*00
l p800*00
Telephone
11*35
120*35
Telegraph
27*94
1218.21
217*00
10871.82
Life insurance premiums (emp. groupinsn)
Postage
Expressage
Insurance ana premiums on fidelity bends
5*14
29*64
220*22
'Drinting and stationery
224*40
5,260*47
Repairs and alterations
1*75
139*50
111 other expenses9 n s0
TOTAL ^XfEBSES Of OPTRATIOF............................. #
164*60
9,256*71
Furniture and equipment
TOTAL CURRENT EXPENSES * . * .................... * . *
9*286*71
$ 75,051*20
... -,U7gfaM.
76,816.04
SSQ B BltM S I B S I S O0ULAXSBAI* 90 QOiSBHORT D EP O SITS,
D I 800U IT 8 , H B SAYIVQS AXD ftAygf— P T II B A LA B O ttA S i f
lUWnMBVB 4|
4 1
AAA
MwBPwK
1920
total N«tflti«i ia I m m Yanit (p«r oaid)
27,671,860*
fotal Oortifloatod of ladsfetoflaoss (latorin Boooipts}
Hold tp Oollatoral custodian
4,329,000©
fotal Ooansroial Sapor bold by collateral custodian
2*766*000*
fotal Stop (M m M i by collateral custodian
fotal frost Boooipta bold by oollatoral custodian
for securities bold ^ otbor banks
ftnbaqgo Boooipta bold by oollatoral sustodain for
vailMi banka
Counter Itcas
Voait m Ooasigamt
1,676.160.
177*800*
------- M r i f t h —
A -1
U S
Discounts
Safekeeping
Vo S* So
Brad for Citizens Setlonal Bank* Albert L oa,
Xtsmo, not on books ontorod since tbla dato
1,660.
109*600*
2,428*700*
6*284*400*
25*262*980*
3*461*010*
56*626*260*
36*626*360*
FEDERAL RESERVE BANK OP MIHHEAPOLIS
S9&TEHEBT OF ACCSmBOES HELD AT CLOSE OF B0SIHK3S DECEMBER 31, 1920
J ^ o l A jU & e s u
Amount
not endorsed
Liable
m jMtPtar.
Total amount
liable as
endorsed on
aooeptanoes of
other banks and
Jams*
Ifew York
Aneriean Foreign Banking Oorp
Bank of New York
Chase Natl Bank
Royal Bank of Canada
Bankers Trust Coqpany
Guaranty Trust Coapany
50,126o39
25o000o00
150*000*00
150,000*00
50.000. 00
50.000.00
Minneapolis & Sto Baal
First Natl Bank
Northwestern ITatl Bank
Merchants Natl Bankr StPaul
300 000o00
50,000«00
550,126 39
199,050.00
500,000.00
Chicago
Illinois Trust 6 Sar0 Bank
Merchants Loan & Trust Co*
io o ,o o o ;o o
150,000.00
lliseellaneous
Stockmens Bail Bk0 Ft Benton, Monto
Montana Natl Bk, Havre, Mont.
Farmers Natl Bk9 Chinook, i?ont«
Lirestook Natl 3k, Hettinger, ro.Dakc
First national Bank*, LennK>n0 So.Dako
First National Bank, Chinook, Tiont.
City Natl Bk0 Duluth, I'inn0
183,050.00
11.500.00
11.500.00
6,132*50
10,022*50
16,000.00
11.500.00
11.500.00
10,022*50
6,132.50
l c3130331.39
l y313,331o39
25.000000
41
BALANCES 2XJK FROM OfflBR i£D£RAL RESERVE BANKS AS AS CLOSE 09
BUSINESS DBCi&SER 31, 1920 and SBCi&BKB 31, 1919
federal Reserve
Due from
Dec. 31. M
Boston
few York
Philadelphia
Cleveland
Richmond
Baltimore (Br of Richmond)
Atlanta
Hew Orleans (Br of Atlanta)
Chicago
Detroit (Br of Chicago)
St. Louis
Little Rock (Br of St. Louis)
Louisyille ( *
n
)
Karphis
{ n
n
)
Kansas City
Denver (Br of Kansas City)
Omaha ( "
w
)
Dallas
£1 Paso (Br of Dallas)
Houston { "
" )
San Francisco
Seattle (Br of San Fran«)
Spokam ( "
"
)
*ortlan4( *
*
9
Salt Lake City (Br of San Fran«)
)
Los Angeles
( "
w
103,890,50
1,103,206.35
4,671.62 (Cr)
125,735.31
38,129.99
13,469.46
37,254.31
47,568.65
3,602,983*68
30,062.9% (Cr)
48,476.72 (Cr)
5,350.55
3,120,44
11,320.15
173,935,51
50,390,55
245,300,89
98,258.24
4,974,97
32,483,81
114,760.70
225,275,62
57,663,44
17,467,92
57,375,27
98,174,84
T o m .................................................... .#
6,164,877,87
Due FTom
Dec. 31. 1919
137,839.06
2,800,712.99
292,174.59
61,717.15
10,418.39
6,421.56
6,033.40
2,92£,59
8,004,020,66
Opened Feb, 2 , 1920
99,195.37
16,415.50
3,864.72
1,457.59
362,621.55
57,978.45
368,320.05
106,503.00
13,215.38
23,841.77
177,847*50
174,376.90
88,609.13
51,809,79
64,501,26
Opened Jan, 2 , 1920
4
12,933,020,35
Detailed statements of all balances duo from other Federal Reserve Banks
as of December 31, 1920, have been co. piled for the purpose of determining whether or
not the outstanding items have been paid for in the Sold Settlement Stand of the Bank*
She oreuit balances shown against the federal Reserve Banks of Philadelphia,
Detroit and St. Louis* tinder date of December 31, 1920, were oaused by those offices trans
ferring for otar credit throng! the Gold Settlement Fund on that date, amounts in parent
of our various collection items, fheir advice of payment coveting the same had not reach
ed us in time to make offsetting entries prior to January 1, 1920,
42
BILLS BlSCCttMBP vm w as_______
(Verified as of December 4 , 1920)
Member Bank Collateral Loans
**
*
Rediscounts on hand
"
"
«
sent for collection
9.723.709*42
Total........................................................................................................
.$14,650,445o64
*56,910,261*86
66-633-971.30
81,284,416® 94
____ im _____________ 1212____
Daily average amount of Redisoounts from members - Held
Average rate on Rediscounts from Members
____________ m
sm
sm
76,081,842o00
60223$
41,^t9.57f
4-378#
_______________
(Verified as of December 4 , 1920)
Acceptances on hand
Acceptances out for Collection
f
A
1,483,172^50
* 0
&1-463-172.S0
total * * * * * .........................................................................................£1,483,172o50
—
Daily average amount of acceptances held
Average rate earned after paying commission
1222____________ 1212_____
3,647,984o00
5*259#
20,729,936*00
4*275$
UNITED STATES BONDS ABD SECURITIES OB HAND ABD HELD IH
WASHINGTON AT CLOSE OP BUSINESS DECEMBER 31,1920
2% Registered Panama Canal Loan Bonds 1906*1936-1936
3$
•
»
it
„
n 1911-1961
34 Coupon U* S* Conversion
"
1916-1946
3% "
"
1917-1947
2% U* S* Treasury Certifioates (maturing various dates within one year)
to secure federal Reserve Bank note circulation
Post dated Liberty Loan coupons carried at the nominal valuation of
8,460,000*00
1*00
TOTAL .............................................. *****......... *............................ .
8,595,561*00
Daily average amount of United States Securities held
Average rat* earned
6 , 688, 1^ !
ZA7Z%
9 ,6 1 1 ^ 8 .0 0
2.016$
260*00
500*00
3,200*00
111,600.00
43
3CKD jmBARTLSM QBI&k2iCim- 19::C
.laO’CRARX « PEmiliSIS 2EAIIi>ACiriC;:So
First Liberty
Second
"
Third
"
fourth
"
Loan
"
M
"
No,of pieces
Received
20,558
141,132
664,400
32,969
4
Amount
4,266,550*
35,390,850.
63,898,850*
5,138,160.
No.of pieces
Delivered
17,411
113,132
533,627
None
Amount
4 4,260,700*
35,955,000*
83,856,050*
None
CONVERSION TRANSACTIONS
First Liberty Loan
Seoond w
"
Victory "
"
No*of pieces
Received
29,403
240,495
984
Amount
f 2,845,250.
23,064,950*
543,050*
Nooof pieces
Delivered
26,549
206,116
501
Amount
f 2,839,200*
22,998,100*
543,050*
SXCHAKOE 2RA1ISACTI0KS
Registered for Oouvon
Oottnon for BMtUtwfft
First Liberty
Seoond *
fhird "
Fourth •
Victory •
Loan
"
•
•
•
Nooof Bonds
Received
500
2,598
10,796
8,663
3,826
*«>»»*
♦ 124,480.
890,880.
1,624,680.
1,880,080.
497,780.
No.of Bonds
B«eelTed
220
437
2,339
3,987
2,647
Amount
I 314,850*
382,450*
464,200*
886,450*
536,900*
TWmERfiHAMlR «AHSAO*IrtllS-
mniPflRAiwr
First Liberty
8eoond "
fhird
"
Fourth »
Viotory *
Loan
•
•
•
*
1 193,700
1.986.600
3.158.600
15,119,000
Ions
T lO M B T
tooft
#187,600,000.
JSBKASHtiC
Sflttf f ik t t a ,
#172,286,780.
f
t. t b t o t t
856,150
2,704,050
4,580,850
font
13,652,100
i/ r n t .
m atata*
# 170,076,680.
i» i 9
# 170,051,945
p*ia 1920
# 24,706.
44
State
J&enanfter 51»192D
fie. of
ttotie H id
Baaka
Jo. of
Baaka
a i f 1919Bala
t e la
Btotic Bold
Bo. of Stott
Buka Bold
Bor yr. for yr.
172,100.6
D I t . Paid
froa 1/1/20
to 6/50/20
from 7/l/ft>
Biv. Baid
to 12/5l/*>
fotal BIt.
H id to
12/51/1920
41,986.18
5*578.50
6,669.50
65,205.18
BiohlgtB
46
189,680.
41
Xlaneeota
566
1,917*500.
555
1,757,750.
55
179,750.
442,685.76
65,980.50
$7,528.00
564,189.26
Boataaa
200
542,500.
166
458*450.
54
104,050.
95,792.16
14,992.50
16,277,78
125,062.46
Borth Dakota 187
517,900.
177
294,800.
10
25,100.
77,116.81
9,594.50
9,557.00
96,046.51
South Dakota 152
527,560.
144
281.950.
8
45,600.
67,028.22
9,549.50
9,826.50
86,204.22
Vlaooasia
56
166,750.
52
148,900.4
16,850.
49,541.25
4,761.00
4,972.50
59*274.75
fOSAL . . . 1009
5,460,850.
915
5,075,960.
17,560.
total B I t .
Bald to
12/51/1919
94
586,900.
772,097.40
96,066.60
105,826.26
975,982.16
BiYldeada reeovered froa Badber Baak* la laU m t Aoonwd oa Capital 8took Account for tha year aaouated to .............. .. . # 5*768.67
BiYldeada paid oat to Beaber Baaka oa aoooaat of 8took eorreadered duriag tha year aao«ated to ............•
569.56
the total paid la Capital 8took of the Baak at oloae of baaiaeaa Beoerter 51,1920 aaa #5,480,850.00 held by 1009 atookholdero agalaat #5,075,950.00 held by 916 atoekholdera at oloae of buaiaeaa Beoao&er 51, 1919, aaklag a aet gala for the year
1920 of #586,900o by 94 baaka.
there were 10 banka who reduced their Capital 8took to the aaobat of #16,000.
4S
n m r average je*beb
bask balances
bt motohs.
li& L z - W S .
jM m r|
February
lurdh
April
'^UMl
52,344 X
52,018
57*271
58,695
48,838
48,508
1919
1920
1919«
122L
July
ingast
Sept*
October
Berember
December
48,257 X
48,114
49,576
48,898
48,681
51,187
40,«6O ■
B0.94B »
Bally I ts rag® Balance8 far year 1920
*
•
»■
*
»
19X9
•
"
55,424 X
50,805
53,005
53,193
52,443
51,619
47,789 X
45,628
45,782
44,115
44,122
45,058
" (Dn t m n I
2,265
WOOER BOX HESERVB B4LAHCES BT SfMEES CLOSE OF BUSINESS
m m ■■ff.im
illaftiigpni
PUBWSSS
1919
im
2,882 X
28,732 M
4,853
M >9 M
36,544 X
8,018
Bert& Balneta
South Daketa
Haoonsin
W SL
JL2jL&
5,434 X
3,690
4,439 X
5,812
jU lM .....
JU U L
Balance As shewn by General Ledger
Decrease Member Bank Reserve balances
as ef Bsco31, 1920 as compared with
Beoember 31, 1919 •• ••• • •• •• • •• • « • • •• «
B11LT AVERAGE BALOCES BOB
.# 15,762 X
TREASURER OP V.3*
BT XQBfBS,
i m . ! ! 1* 1?
January
February
March
April
May
Jtene
1920
1919
852 X
1,195
1,064
820
1,045
747
5,540 X
6,354
9,515
2,534
5,328
3,338
1920
Jtoly
ingast
September
Ooteber
Hereafter
Beoember
461 X
1,026
1,70*
1,018
1,221
1#672
Bally arerage balances far year 1920
•
•
1919
9
9
9
(decrease)
4,859 X
2,833
1,152
2,268
2,581
2,319
# 1,068 X
| 2»984»M
aoxn i? o ? h*: in co m es m B tc m
.ND AMOUNT
Kane of
Town
llame of
Bqn*
Ada
Adams
Adrian
Albert Lea
*
Alden
Alexandria
«
Amboy
Argyle
Atwater
Austin
Avooa
Balaton
Barnesville
m
Baudette
Beaver Greek
Belle Plain©
Benson
Ada Uational
First National
Beardsley
Biwabik
Blaokduok
Bine Barth
Blooming Prairie
Braham
Brandon
Brewster
Breokenridge
N
Brioelyn
M r id g e
Campbell
Canby
Carlton
Ceylon
Clarkfield
Clearbrook
Clinton
Clinton
Oloquet
Cold Springs
Cottonwood
Crookston
Beer Creek
Beer River
Detroit
w
Dodge Center
m
Duluth
»
Donnell
Bast Grand Forks
Elbow Lake
Ellsworth
BlkBiver
Elmore
Bosons
Erskine
Eveleth
Fairmont
Fairmont
liiranssogA.
Citisen3 National
First National
n
FSarmers National
First National
*
n
w
Austin National
First National
Farmers National
First National
Swift County
First National
Farmers National
First National
Breokenridge National
First National
w
w
m
National Citisens
First National
»
Clarkfield State
First National
Clinton State
First National
*
M
If
Merchants National
First National
Merchants National
Farmers National
First National
City National
Northern National
First National
»
n
n
Miners National
Citisens National
Fairmont National
q * j>ir/ .ra u-t 32 „ i*\%
DURING THE MONTH*
Amount
held end
of November
29,750*39
45,201*64
81.165.67
142,500.00
£58,529.11
27,676.61
1£8,416.17
223,931.75
60.406.67
14,601*99
10,550*00
*00
17,748*04
35,519*31
2,295*00
*00
6,910*95
63,594*67
*00
62,964*24
75.000.00
25,258*90
15.000.00
5 000*00
*00
20 000*00
38,734*00
10.000.00
26,129.16
.00
.00
47,301.30
30,000.00
.00
11,549.07
20 000.00
9,117*78
19,100.98
5,387.85
29,209.94
22.908.00
•00
16.500.00
28,136.93
104.026.67
1,453.00
50,000.00
31,929.27
36,094.64
48,083.05
4,414.19
,
,
,
Amount
held end
of Deoember
27.205.39
55,201.64
82,599.41
135,000.00
272,251.21
53.069.88
141,837.27
282,773.1>
84,673.50
5,102.22
18,045*60
.0 0
.00
45,976.90
2.500.00
3,249.32
23,067.12
59,230.36
5,793.69
72,963*72
105,000*00
29,314.68
15,000.00
.00
14,760.43
10 000.00
28.887.88
15,651.80
22,405*29
29,083.66
15,000.00
40,674.17
33,522.45
3,219.80
9,507.56
15,000.00
52.627.40
34,028*47
4,000*00
35,539.14
35,881.56
200 000.00
13.500.00
30,137*61
100,000*00
23,000*00
50,000.00
63.897.86
53,714.39
43,708.21
.00
175,000.00
100 000*00
58,096*96
35,800*00
30,129*36
9,846*23
a ,000.00
4,103*55
91*532.73
21,755.89
85,000*00
60,706*44
72,722*77
,
,
,
59,248.49
25.000.00
21.000.00
14,192.72
57,553^27
20,000.00
85,000.00
61,624.66
59,536.45
47
cf
Amount
held end
of Noyea&er
JQW&
Fairmont
Faribault
Aft
^ulda
Foley
Glenwood
Gonviok
Goodhue
Good thunder
Graoeville
Granda
Grand Meadow
Hallook
Hanoook
Hanslea
Hastings
Hendrioks
n
Herman
Heron Lake
Hills
Holland
Iona
Isanti
Iranhoe
Jaokson
•»
»
Jasper
Joffers*
Kasson
•»
Kilkenney
Kiester
lalce Benton
«»
Lalce Crystal
Lakefield
Lake Par*
Lakeville
Lake Wilson
Lamberton
Lancaster
Lanesboro
Lewiston
Litohfield
Luverne
»
•»
•»
Little Falls
Mo Intosh
Madella
«
Mankato
m
m
Marshall
w
Minneapolis
»
m
m
m
m
/irst National
Citizens National
Security National
First national
M
75,000.00
101,833.34
50,QUO.00
90,255.41
17,922*86
£2,000.00
' W
»
Amount
Held end
of 3>eoeaber
S G ,O u O .C O
144,451,79
5 0 ,u 0 0 .0 0
85,034.22
53,972.53
22,u00.00
5 , J O O .C 'O
2 ,5 0 0 .0 0
M
**
15,000.00
20,504.07
6>,877.16
45,672.15
5,000.00
59,685.26
W
n
*•
H
*
banners National
Pirat national
n
n
M
5 5 ,9 0 2 .5 6
•»
Partners & Merchants Kat*l
Brown national
First National
Jaolcson National
First National
State Bank
National Bank of Bodge Co. ,
National Farmers
First National
w
5 ,5 0 8 .4 3
1 7 ,6 5 5 .9 4
1 7 ,0 3 1 .2 2
6 1 ,7 3 4 .9 6
4 2 ,5 7 4 .4 0
4 5 ,7 5 3 .1 9
5 3 ,6 9 9 .4 1
8 ,8 2 8 .1 9
2 4 ,8 5 3 .1 0
1 2 ,0 0 0 .0 0
5 ,0 0 0 .0 0
7 8 ,1 3 9 .0 0
5 3 ,2 2 7 .6 7
2 9 ,8 7 9 .4 7
3 5 ,£ 7 8 .6 8
6 4 ,1 8 7 .1 6
9 3 ,2 5 0 .7 6
9 2 ,2 1 6 .3 0
1 2 0 ,7 2 3 .7 0
5 0 ,0 0 0 .0 0
3 0 ,0 0 0 .0 0
3 3 ,3 3 9 .6 6
3 2 ,3 0 8 .4 7
2 0 ,0 0 0 .0 0
2 5 ,0 0 0 .0 0
3 9 ,6 6 0 .4 6
5 5 ,0 3 0 .7 5
2 ,0 5 3 .3 3
1 6 ,5 4 6 .9 2
2 3 ,2 3 8 .4 9
2 6 ,4 2 8 .4 4
2 5 ,7 4 5 .6 3
2 5 ,8 9 7 .5 0
5 5 ,2 2 7 .1 6
3 0 ,0 0 0 .0 0
4 7 ,5 6 0 .0 0
4 7 ,9 6 7 .9 1
1 5 ,9 1 6 .4 0
4 2 ,3 4 8 .9 6
6 6 ,8 1 3 .2 6
4 9 ,8 3 4 .6 4
it
w
•»
w
•»
w
Security State
First National
Farmers National
First National
National Bank
ttoe* County
First National
»
1 6 ,4 7 4 .3 0
2 6 ,7 7 1 .8 3
6 ,6 4 5 .1 9
2 8 ,0 0 7 .3 4
6,01?. 70
3 1 ,8 2 9 .7 0
3 1 ,6 1 1 .9 4
3 1 ,9 0 2 .2 9
5 5 ,2 1 8 .2 5
2 3 ,5 1 4 .8 0
1 9 ,0 3 8 .8 9
1 3 ,6 6 1 .3 9
1 9 ,0 8 1 .0 6
2 0 7 ,5 1 8 .4 9
1 9 5 ,5 6 6 .0 2
5 8 ,5 9 6 .6 2
5 2 ,1 9 0 .6 5
2 4 0 ,0 4 8 .0 5
1 7 5 ,5 7 9 .0 0
4 5 ,6 0 7 .3 1
3 4 ,0 7 0 .2 5
1 5 ,7 4 0 .4 9
1 0 ,6 9 4 .4 0
1 3 ,5 9 4 .1 8
8,000.00
4 6 ,2 1 5 .4 5
State Bank
Pirst National
National Bank of Ooameroe
National Oitlsens Bank
First National
lyon Oo., National
Banters National
Linooln National
First National
Metropolitan Rational
Midland National
Minr»4polis National
5 3 ,9 0 7 .7 3
5 ,5 0 6 .4 3
3 ,5 0 0 .0 0
n
National Citizens
First National
Amerioan National
First National
55,367.64
2 5 ,0 0 0 .0 0
•ft
w
5,000.00
9,62?.?3
20,000.00
13,141.7C
73,17^.69
52,618.97
8,000.00
5 6 ,1 7 7 .9 0
5 7 ,1 0 0 .6 3
5 7 ,2 4 8 .0 6
6 0 6 ,3 0 5 .8 2
4 5 0 ,2 9 0 .2 9
6 8 ,9 2 3 .7 3
6 8 ,3 8 7 .5 6
6 7 6 ,6 6 1 .1 7
6 9 9 ,6 3 9 .9 0
7 1 ,0 2 5 .9 5
5 5 ,2 0 0 .0 0
1 1 1 ,3 6 1 .3 4
9 4 ,4 6 8 .7 3
1 6 4 ,3 0 9 .5 2
2 3 0 ,0 0 0 .0 0
3 9 6 ,2 6 4 .2 4
3 3 3 ,6 0 0 .0 0
2 4 ,2 1 4 ,6 8 2 .8 6
1 6 ,4 8 2 ,6 3 4 .7 7
884,867.29
994,229.92
5 ,6 0 5 ,4 1 6 .6 6
4 ,8 6 1 ,3 0 1 .2 7
5 0 ,0 0 0 .0 0
8 0 ,0 0 0 .0 0
• ~ 3 -
Name cf
Minneapolis
n
Misneota
Minnesotal Lake
Montevideo
Moorhead
M
Morris
Motordale
How Richland
w
Northfield
M
Olivia
Osakis
Owatonna
M
O'rtonville
Park Rapids
Fins River
Pipestone
Plainview
Prinoeton
Bod Lake Falls
Rod Wing
»
Redwood Falls
Rover*
Rochester
Rnsbmore
Rloe
Rochester
St* Clond
St* Charles
St* Olond
St* Janes
St* Paul
St* Paul
»
w
»
»
M
N
St* Peter
So* St* Paul
it
Sherbnrn
Springfield
Spring Talley
*
Starbuok
Slayton
Spring valley
thief River Falls
Tracy
Ulen
Wabasha
Wfcdsna
Walnut Grove
Warren
«
Waseca
.
Name of
northwestern National
St* Anthony Falls
Far & March Natl
Farmers National
r,,irst National
H
Moorhead National
Morris National
First National
?irst National
State Bank
-'irst National
Northfield National
Peoples First National
First National
*
National farmers
Citizens National
*irst National
«•
»»
Farmers National
First & Sec State
Goodhue Co Natl
First National
State Bank
Union National
First National
Rioe National
First National
Merchants National
First National
»
Citizens National
First National
American National
Oapital National
Central Bank
First National
Merchants National
National Exchange
Peoples Bank
$win Cities National
Citizens State
Drovers State
Exchange' State
Stockyards National
Sherburn National
First National
Farmers State
First National
Amount
held end
of November
& 15,059,394*68
od,820*35
14,000*.00
91,962*89
300 ,383*06
171.600.00
11,488*65
2 000*00
,
2 7 ,5 5 7 * 1 8
Amount
Yield end
of December
1 0 ,7 9 8 ,7 6 7 .4 4
100, 000, 00*
7 3 ,1 1 6 .0 1
1 9 ,5 9 0 * 7 0
8 9 ,6 6 7 * 1 3
3 9 3 ,6 1 2 * 4 1
2 2 5 ,4 7 4 * 2 2
2 5 ,7 6 9 * 1 0
2,ooo*oq
2 7 ,8 3 9 * 8 5
4 4 ,3 2 4 * 6 9
4 8 ,5 6 4 * 9 3
* 5 ,2 8 0 * 0 0
8 4 ,3 2 2 * 4 4
180,616*48
7 3 ,4 3 1 * 4 4
1 9 5 ,5 4 2 * 7 9
4 2 ,9 9 3 * 4 2
18,000.00
1 7 4 /4 2 9 * 7 9
292,507*67
10 000.00
,
1 7 5 ,2 3 5 * 2 6
3 2 1 ,6 5 0 * 5 9
1 7 .0 0 0 .0 0
2 5 ,0 0 0 * 0 0
5 ,7 0 8 * 1 2
8 ,0 8 0 .0 0
1 1 1 ,7 3 9 * 5 3
6 3 ,5 0 7 * 3 9
5 7 ,7 3 4 * 6 5
2 8 ,9 6 2 .1 7
4 7 .0 0 0 .0 0
3 3 ,5 0 0 * 0 0
2 4 ,1 9 9 * 9 9
2 2 ,2 7 6 * 5 1
,
2 8 .0 0 0 .0 0
2 8 .0 0 0 .0 0
10 000.00
5 0 ,8 7 5 .0 0
8 2 ,3 4 7 * 4 6
1 0 1 ,9 3 7 .2 7
5 9 ,8 9 4 * 2 9
5 5 ,1 3 2 * 2 6
5 2 ,0 3 7 * 2 8
9 4 ,0 1 5 * 4 0
5 2 ,6 0 1 * 9 9
6 0 ,3 6 6 * 8 7
6 ,4 0 0 * 0 0
6 ,4 0 0 * 0 0
1 8 2 , 1 3 9 o .6 2
2 1 2 ,2 1 7 * 7 7
,
6 210*00
5 5 ,5 0 2 * 1 4
3 8 ,8 1 4 * 1 3
3 6 7 ,3 8 9 * 0 4
3 6 9 ,3 8 7 * 9 7
9 7 ,8 0 8 * 0 7
9 1 ,2 8 2 * 1 5
1 7 ,9 4 2 * 7 7
, ,
1 6 ,4 5 5 * 3 4
1 ,2 8 2 ,4 0 0 * 0 0
1 112 100*00
2 ,7 5 5 ,5 9 6 * 1 5
2 ,8 1 9 ,6 0 9 * 1 2
2 7 5 ,1 6 0 * 0 0
3 3 6 ,2 6 0 * 0 0
6 ,5 5 5 ,1 7 0 * 0 5
7 ,0 0 9 ,8 3 9 * 2 7
6 ,8 8 6 ,3 2 7 * 5 0
5 ,9 9 2 ,0 0 0 * 0 0 .
3 6 9 ,5 0 0 * 0 0
3 7 2 ,0 0 0 * 0 0
4 .3 6 ,6 0 0 * 0 0
4 0 2 ,3 0 0 .0 0
2 1 1 .5 0 0 .0 0
1 8 1 ,0 0 0 .0 0
3 3 ,2 7 2 * 0 0
5 0 ,5 6 3 * 1 6
1 1 5 ,6 4 0 * 0 0
3 7 6 ,4 5 3 * 0 0
2 8 ,5 0 0 * 0 0
1 ,2 2 0 ,
,
780*91
8 000*00
2 9 ,6 0 0 * 0 0
,
1 ,5 6 5 ,0 6 2 * 5 2
8 000*00
3 3 ,3 7 6 * 7 8
3 4 ,1 6 5 * 6 2
9 ,8 5 0 * 7 6
4 ,3 1 5 * 2 7
,
5 7 ,2 8 8 * 9 9
7 ,6 8 7 * 5 0
1 5 ,0 0 0 * 0 0
20 000*00
1 2 ,8 1 7 * 2 1
First State
*irst National
»
»•
n
* •
First State
n'irst National
Warren National
Farmers National
1 5 ,0 0 0 .0 0
8 3 ,9 6 6 * 4 3
8 9 ,7 7 4 * 5 5
3 8 ,2 6 1 * 0 1
6 2 ,0 8 9 * 4 4
3 8 ,4 1 6 * 2 5
2 3 ,7 1 3 ;1 4
1 5 ,0 0 0 .0 0
3 9 ,5 4 2 * 6 5
2 1 ,6 5 3 * 4 2
6 3 ,7 3 7 .9 8
6 9 ,6 5 9 * 6 9
6 8 ,5 6 7 * 1 1
1 3 1 ,6 8 2 * 6 3
2 4 ,8 2 6 * 8 0
4 2 ,0 4 8 * 5 3
69,489.54
3 0 ,0 6 9 * 4 0
49
M m of
torri
Waseca
itolooae
fills
*
Wendell
Stostbrook
•»
West Concord
iheaton
Willaar
»
tfindoa
*»
Jfinnebsgo
tt
Ninons
•t
t*
finthrop
Jfoodstoek ’
WOrthingtoc
«
filaont
Wlnoan
jferroad
Amount
held end
of Kovmnber
Ham* of
Bank
First national
ifeleome National
Firat Rational
Ktells national
First National
Citizens State
First Hat ional
m.
tt
»»
Kandiyohi County
First National
Hindoo national
Blue Earth Valley Batl.
Firat national
H
Merchants national
Deposit Bank
First national
Citizens national
Worthington natl»
First national
ffinona national
First national
hm m w
Aberoroabia
Alexander
Ambrose
Anaaoose
lasts
Ashley
Bssoh
Binford
Bisbee
Bisaarok
tt
Bottineau
Boeaan
Brinsaade
Brockton
Gando
tt
Carrington
Cssselton
M
Cavalier
Cooperstown
Courtney
Crary
Crosby
«•
Crystal
DeTils Lake
Dickinson
it
Drayton
Bast Falrvitw
1 3 3 ,5 1 9 ,0 4
Amount
held end
of Deoembo;
1 4 1 ,2 2 7 .9 9
4 3 ,0 0 0 * 0 0
4 8 ,8 2 7 .1 8
2 9 6 ,3 3 1 .2 1
3 1 3 ,9 7 8 * 7 8
2 9 7 * 9 5 1 .4 4
3 4 1 ,9 2 9 * 0 6
6 2 ,3 6 2 .3 3
6 6 ,7 7 3 .6 6
5 0 ,0 1 2 .3 0
3 5 ,5 0 3 .9 6
3 4 ,2 5 6 .4 8
3 7 ,0 0 0 .0 0
4 8 ,1 2 0 .0 0
4 9 ,7 8 1 .6 9
2 5 ,3 7 0 .4 1
2 2 ,3 7 4 .6 1
1 3 1 ,1 3 9 .2 $
1 2 7 ,4 5 0 .2 9
3 0 2 ,8 6 2 .3 2
2 7 0 ,9 5 7 .6 8
6 0 ,0 0 0 .0 0
1 7 ,8 2 2 * 4 8
7 2 ,5 0 2 .0 8
1 3 1 ,6 0 2 * 7 0
1 0 ,2 0 6 .6 7
10*040*00
2 6 ,0 0 0 .0 0
66*232*48
1 5 0 ,0 0 0 .0 0
7 0 ,0 0 0 * 0 0
5 4 ,5 1 2 .5 8
20*730*69
1 7 7 ,0 0 0 .0 0
100*500*00
5 1 ,0 7 6 .4 3
50*846*48
3 1 ,5 6 7 .4 4
5 3 ,5 4 5 * 4 3
7 2 ,0 2 5 .7 6
6 2 ,2 3 2 .7 9
9 2 ,8 4 4 .8 1
1 1 4 ,3 8 8 .5 6
3 6 ,3 2 8 .6 2
$5*328*62
190»000o00
1 9 0 ,0 0 0 .0 0
1 2 ,7 6 3 .0 9
1 3 ,8 6 3 * 7 6
7 8 ,3 3 0 ,7 4 5 .2 7
6 6 ,9 6 3 ,8 9 8 * 4 9
4 2 ,3 1 4 .6 5
55*624*63
iu v n « n A
First National
«
iasaoose Vatl.
First national
2 4 ,9 3 7 .3 0
29*100*00
2 3 ,0 5 5 .1 0
22*600*00
3 1 , 8 7 7 o7 3
39*688*43
6 ,5 1 3 o89
10*659*44
tt
4 ,6 3 8 .3 5
*00
it
6 3 ,6 0 5 .1 7
82*871*47
it
2 1 ,8 4 6 .0 8
10*324*35
tt
2 1 * 1 4 2 .1 9
43*000*00
City national
First national
2 9 ,3 0 2 .6 4
20*931*11
1 1 0 ,0 0 0 .0 0
90*000*00
N
5 1 ,6 6 5 .5 1
55*817*30
It
2 9 ,5 7 7 .5 8
38*849*77
First national
Cando national
First national
•t
Cass Co. national
First rational
.0 0
6*760*00
4 7 ,0 0 0 .0 0
55*000*00
8 0 ,0 0 0 .0 0
8 0 ,0 0 0 * 0 0
2 2 ,1 5 4 .5 4
2 2 ,1 5 4 * 5 4
3 7 ,8 3 8 .5 5
26*611*46
.0 0
1 7 * 8 0 0 .0 0
9 ,5 0 0 .0 0
2 8 * 0 0 0 .0 0
tt
2 1 ,1 8 1 .6 6
9 * 7 9 7 .7 6
t»
2 8 ,6 0 0 .0 0
3 8 ,6 0 0 .0 0
«
•0 0
3 ,8 0 0 .0 0
H
1 0 ,0 0 0 .0 0
.0 0
3 ,0 1 6 .0 6
2 0 * 0 0 0 .0 0
Citizens Hatl.
First national
it
Bamsey County Hatl.
Dakota national
Merchants national
First national
n
7 ,5 0 0 .0 0
2 8 ,2 4 7 .4 0
2 0 ,4 1 3 .3 4
1 3 * 7 3 2 .0 2
5 5 ,0 0 0 .0 0
.0 0
.0 0
.0 0
9 0 ,0 0 0 .0 0
1 2 0 * 0 0 0 .0 0
4 1 ,9 1 7 .4 0
4 8 * 9 2 3 .2 7
6 ,5 6 8 .8 7
7 ,2 9 2 .7 8
naice of
Town
Bdaore
Kgeland
Eilendale
♦»
w
finderlin
Fai rooont
»
Fargo
«•
«•
Fessenden
Fingal
Finley
Forman
Fullerton
Oarri son
Golden Valley
Golva
Goodrich
Grafton
Grand Forks
Harden
Hankinson
n
Hannaford
Harvey
Hatton
Hebron
Hettinger
Hillsboro
Hope
*
Honter
Jamestown
*
«
«
Kenmare
»
KUldeer
ifihlaa
Lakota
La Moure
M
Langdon
»
Lansford
Leeds
Lidgerwood
Linton
1*
Litchville
Mo Henry
mq n ils
Malootl
Kanie of
Bank.
First National
N
fillendalo National
Farmers National
First national
Knderlin State
First Hatioiml
national Bk* of
First national
i&rohants National
northern Rational
First n&tional
«
H
*9
N
First State
First National
it
n
•»
Northwestern natl.
First national
City Rational
First national
n
n
Far«& Ifsrohe fcatl•
First national
Live Stook national
Hillsboro national
First national
Hope national
First national
Citizens national
Far & lierch Katl*
James River Katl*
Secy* Savings Bank
First national
Kenmare national
First fc*Hcmal
N
natl Bk. of
Farmers national
First national
Cavalier Co.Katl
First national
w
Marion
l£ax
Mayville
iiedian
Milnor
Hilton
datnxat
held end
of December
*66 ,576 006
8,471.63
6,860.00
10,000.00
21,000.00
22,000.00
15,000.00
11,020.00
449,833.97
345,492.52
266,650,66
.00
22,700.00
66,666.61
46,555.63
13,199.77
29,856.84'
4,500.00
23,096.91
2,109.98
.00
110,773.33
264,000.00
13,150.00
19,783.16
29,406.40
20,686.06
19,500.00
20,421,27
1,412.11
38,927.03
22,000.00
46,089.07
5,084.84
9,000.00
87,768*30
49,838.98
238,350.75
6,000.00
12,000.12
*13,512.09
**•«»,388.67
.00
6,877.78
33,611.37
6,532*76
79,885.97
73,518.92
2,550.27
^64,419*61
12,224.09
8,000*00
35,000.00
60,687.66
32,000.00
32,000.00
7,170.02
464,140.91
350,085.67
250,878.62
40,846.72
26,100.00
74,899.65
40,300.41
41,212.26
31,390,41
14,222.09
34,045.23
5,000.00
33,995.68
121,500*00
299,000.00
18,150.00
30,106.33
54,911.36
24,749.62
19,500.00
28,500.00
.00
40,019.82
27,902.88
26,670.74
22,067.58
9,000.00
95,437.46
47,401.07
241,582*47
.00
6,968.41
15,093.57
4:?,385.41
*00
1,032.78
26,052.91
5,982.56
76,000.00
99,866.85
6,761.56
8,317.71
10,000.00
15,500.00
44,732.25
16,856.01
21,175.97
36,385.96
11,453.89
110,000.00
39,892.28
52,546.84
19,776.90
3,500.00
72,983.50
62,420.50
7,558.07
It
Aimers national
City natioml.
First national
M
n
m
w
N
«
Amount
held end
of noveaher
Merchants national
First national
*i
M
H
Milnor national
First national
16,368.75
21,625.72
.00
22,874.27
43,118.99
13,927.32
91,035.84
33,504.71
38,622.91
4,776.90
.00
73,025,70
52,43846
2,500.00
Fame of
(gown
Minnewankan
Hinot
i#
Mohall
Montpelier
Neohe
Few England
TTew Rockford
Noonan
Oak»s
i*
Marshall
Bark Hirer
Petersburg
Plasa
Portland
it
Reynolds
Reeder
Rook Late
Holla
Rolette
Ryder
Sanborn
Sentinel Butte
Sharon
3heldon
Sheyexme
StanJay
Starkweather
Steele
Streeter
w
Saylor
Thompson
Tolley
Tcmer City
Ttorner
Startle Late
Tattle
Van Rook
ffahpeton
ft
Washburn
^illiston
Tillow City
it
Tisfeledon
Woodworth
tyndmtre
ir-wrnt
held end
of November
♦Kama of
Bank
First National
Second National
Union national
First National
»t
If
♦
»
Security State
First National
Oates National
First National
n
n
it
Farmers national
First National
it
if
n
if
it
if
if
if
if
»»
•
if
it
if
Citisens National
First National
«
n
if
if
n
n
it
it
Citisens National
Natlo Bko of 3fahpeton
First National
it
w
Merchants Natlo
«
First National
if
310137o95
1420000c00
140*918ol2
36*602o42
3,883,59
ISpOOOoOO
15 .>165o00
22o500o00
imount
held end
of December
41*466.88
8*039.75
40275.95
4*000*00
20*168.92
109000»00
26*022.14
16*000.00
45o370.60
15*671.69
io 0ooo.oo
25 806.07
210974*51
22.669.61
15o000.00
10*000.00
•
280868.11
•
4*293.20
27*983.33
2<,055*55
36*543.11
6*068.67
16*800.00
4*944.70
2*160.00
25*000.00
12*551.33
19*730.91
m
29*000.00
103*121.60
56*441.93
179*488.26
61*568.72
46*570*74
71*126.82
34*600.00
329625o00
24*781.69
170*206.95
147*638.31
36*726.22
6*316.66
*27*700.00
35*000.00
62*565.52
33*593.25
12*500.00
15*000.00
12*000.00
27*005.35
io 0ooo.oo
160212.00
14*000.00
60*547.84
15*967.49
10*000.00
25*854*32
22*086*53
18*342*76
15*000.00
10*000.00
5*811.03
4*500.00
17*000.00
28*225.00
29*087.65
59*829.51
15*000.00
. 15*800.00
21*900.00
15*956.94
25*000.00
21*020.35
26*865.49
25*000.00
60*000.00
121*336.28
53*520.00
275*213.74
71*425.30
54*140.76
89*128.62
36*767.93
26*501.83
506250lllo93
605350413.54
5 7 u9 6 8 o 7 6
JK BSLBU EU L
Aberdeen
m
Alcester
Alexandria
Arlington
Belle Fourohe
First National
Dakota National
Tarmo & Uerehc Natlo
Farmers National
First National
Security national
First Xational
Butte Co© Bank
1010957ol4
800000o00
72o607o92
94*534ol5
56 9761o74
37*487.64
61*989.06
138o023o08
63*084o99
469866o49
79,268o27
83*900o00
52
-7
Brno of
— M ft
B«U« Poarohs
BMMfOlA
Brandt
Brtdgssatsy
Brldgsnator
Britton
Brookings
Brookings
G ap Crook
Canton
Oarthago
OutUvood
0 « t t n iU «
Ghaaftoxftaia
fllndiirtiln
eiMur laki
M m
ew H r
e u ik
Baris
M il *9 *4 *
ML1
Bo 9W t
Bdtt
10M
BlktSB
BSTiftB
m nv
H ivfix
MOktom
IM n a n
plorsnoo
prsnkfort
Pndoriak
flu te City *
Mqr .
fltttfitais
Goodwin
Orogosy
Orogosy
Groton
Hoola
Hoola
BUjhaoii
Hot springs
Howard
Howard
Huron
Huron
Huron
Hayti
Batson
Konnoboo
U k i Iordsn
itfBt Proston
late Proston
Lonon
Lotohor
B»2fetosh
Ua&lsoa
Unhb
Xanw of
B«ik
P int lational
rt
it
Hu m p s lational
Pint Kational
OitiMns satiooal
Pirat lational
Bank of Brookings
Pirat aational .
ttttlo Missouri
pirst lational
•t
w
n
Brnlo stato Bank
ttitteok lational
pirst Batlonal
n
Clark bounty lational
pirst lational
«
Hoas lational
pirst aational
9s 8wit aational
Pirst aational •
»
M
It
*
It
•
It
•
part Piorro lational
pirst aational
*
m
m
m
H
It
Orogoxy aational
Pirst aational
par* * Bor. stato
Plrat aational
Pirst aational
Pooflaa aational
Pirst aational
Bosard aational
City aational
pirat aational
national Bank of Hnron
pirst aational
»
•
Pamirs lational
pirat aational
•
it
•
«t
im n t
hold oad
?f irirrfrr278,290.42
27,066*96
27,697*64
24,622*68
11,61 4 .H
188,888 OS
SSIt947*19
S0694?4*46
8,781*00
126,199,64
n ,m .9 5
67,678,78
•00
74 , 323 . 4s
100, 224.46
60,686,64
40,477.23
26,46i,io
9,263.60
60,000.00
as9M i t »
*00
105, 727*27
7,600*62
59,792*97
74,179*04
67,268,90
•00
6796*«41
8,263*75
30,000*00
2,730.00
51,982*24
43,064*43
4,673.34
86,887,46
24,463*68
11,000*00
929077 .91
140,280«80
•00
46,612*71
Sl9440«01
50,000*00
7,247*62
8BIM IU 2
102,64**73
821,100*23
a a M M .9 8
110 , 929.88
2,220*66
40
46,066*01
86,112.91
24,668*41
98,199*96
27,264*64
16,117.92
936.997*13
49,296,40
iaosnt
hold ond
30m &s&
361,121*02
26,464*74
21,373,16
52,886*56
89,266*89
179U4«S4
161,674*61
262,296*15
330,546*25
2,100*00
1589BJf«86
M vM « n
7i,i78*ai
20,000*00
U9,1T1*66
ffr ttf lit
84t«U «M
86,000*00
22,096*71
10,794*56
609000«00
$4,266*90
8 .H S J 9
96,122*49
6,887*20
60,261*69
76,816*79
S29206«61
39012«60
65,800.13
9V667«96
30,000.00
42,871*69
189620*17
62,5l6*49
27,760*54
2V642«96
50,306*46
909000«00
94,000.00
99,990.96
157,743.74
80,000*00
6697K*66
619S94«94
769000«00
11,400*00
91,169.63
192,100.89
3S19280.41
284,408«12
116,974,40
2,220.66
18,661«86
61,406,28
104,fl8«66
41,169.76
49,122^92
106,102*82
26,046.64
29,000.06
864,622.46
69,29**49
53
&ame of
(Down
Madison
Henno
Midland
Milb&nk
DO
Miller
Mi tohell
DO
DO
DO
Mobridge
Morristown
Mt. Vernon
liewell
Oldham
Qnida
Parker
Pollock
Pierre
Bapld City
DO
Badfield
DO
Salem
Sootland
Selby
Sioux Falls
DO
DO
DO
DO
Sisseton
DO
South Shore
8pearfish
Springfield
Stratford
South Shore
Sturgis
Tinker Lake
Toronto
Tyndall
SO
feblen
Viborg
Volga
Watertown
DO
Waubay
White Lake
Webster
DO
DO
Wessington
Wessington Springs
Wetonka
Wilmot
Winner
Woonsocket
White Bock
Ifenkton
Yankton
DO
ttame of
Bank
Amount
held end
of noveofeer
124,242*34
Lake County National
First national
41,222*46
DO
27,093*33
DO
116,579*75
Farmers & March* Sat *1
68,693*42
First national
63,344*96
DO
394,367*41
Coml Tr & Sav»
141,943*29
Mitohell fiational
662,300*54
Western National
391,098*46
First national
54,570*11
DO
32,666*79
DO
81,895*03
Reclamation State
3,633*60
First national
56,961*99
DO
51,727*49
DO
54,409*96
DO
35,973*56
natl Bk of Comaerce
*00
59,698*54
Citizens Bk & Tr* Co*
First national
273,241*48
American national
169,714*61
fiedfield national
146,869*78
First national
*00
Com Belt national
137,086*06
First national
21,551*91
Commercial * Sav.
153,000.00
Minnehaha national
92,279*16
*Security national
945,079*16
634,287*37
Sioux Falls national
Sioux Falls Sav*
739,663*05
01 tisens national
125,729*25
DO
47,019*64
South Store Bank
34,797,12
American national
*00
First national
56,362*31
2,100*62
First State
Farmers national
8,018*31
Commercial natl
*00
26,296*44 *
Stock Growers State
First national
41,539*47
Clti sens national
7,629*80
First national
52,263*32
DO
6,500*00
DO
52,796*75
DO
17,000*00
DO
313,291*46
Security national
136,419*78
First national
6,960*00
DO
50,446*91
Far* 6 Merch* natl
40,000*00
First national
17,178*13
Secy Bk A Tr CO*
30,077*61
First national
10,979*56
DO
207,414*95
DO
8,000*00
DO
13,035*85
DO
43,465*58
DO
71,533*22
DO
*00
Dakota national
20,295*69
national Bk of Comaerce
16,617*71
First national
j m u m .
12,287,356*63
Axout
held end
of December
113,617*99
40,253*45
48,669*84
130,446*49
86,893*42
55,186*73
378,072*81
167,612*70
467,594*29
401,724*79
80,554*19
48,000*00
90,624*55
*00
55,594*49
59,673*04
62,680*24
35,304*70
57,312*19
76,496*57
302,430*97
193,717*03
127,524*34
13,920*00
146,962*05
42,497*51
166,200*00
173,993*90
915,066*50
620,069*20
706,419*89
112,000.00
45,832*53
32,654*36
•00
64,164*96
5,928*47
6,016*31
16,000.00
36,630*56
51,793*66
2,461*05
75,674*36
29,000*00
62,712*28
17,000.00
286,000*00
146,966*70
20,060.06
46,416.66
40,000.00
1ft,991,60
16,191.47
83,276.19
888,790.69
9,000.00
17,337.69
61,460,38
76,681.86
6,694.60
84,163.63
36,400,48
J& i& t& l
13,486,946.63
54
-s-
Same of
Town
Absarokee
'Antelope
Baker
Belgrade
Belt
Belt
Big sandy
Billings
Billings
Billings
Billings
Billings
Bozeman
Bozeman
Bozeman
Brady
Bridger
Bridger
BroadUs
Broadview
Brockton
Browning
Browning
Butte
Carlyle
Carter
Charls
Chester
Chinook
Chinook
Choteau
Cirole
Celumbua
Columbus
Cearad
Culbertson
Cut Bank
Denton
Denton
Dillon
Dillon
Dodson
Bast Helena
Bdgar
Banls
Eureka
Fairfield
Forsyth
Forsyth
Fort Benton
Fresno
Fromberg
Oevaldin
Geyser
Glasgow
Glwdlve
Grass Bangs
Great Falls
Great Falls
Great Falls
Hamilton
Hardin
Hardin
Hardin
Harlem
Haae of
Bank
Amount
held end
of November
Amount
held end
of December
Stillwater Valley state
First National
St
Belgrade state
Far* 6 Miners State
State Bank
farmers national
American national
Merchants national
Montana national
Sooy Tr is savings
Yellowstone national
Conmeroial national
Gallatin Trust & savings
Hatl Bank of Gallatin Valley
First national
American national
First national
Powder Biver County
First national
*»
Stockmens state
First national
Miners sav Bk & Tr Co
First national
N
*
«
Farmers national
First national
«t
t*
*t
Stockmens national
First national
Citizens state
First national
First national
Denton state Bank
Beaverhead state
Sscuxity state
First national
East Helena state
Bdgar stats
First national
southern Montana BSnk
Far 6 March state
First national
American national
First national
Stockmens national
First national
Clark Fork valley
First national
tt
Glasgow national
Merchants national
First national
Comaezoial national
Great Falls national
northern national
Ravalli county
First national
Bardin stats
Stockmens national
First national
* 21,497.91
•00
14,597*15
78,133*04
10,993.75
13,640*00
10,277.99
57,000.00
363,800.53
172,676.06
109,262.22
94,669.48
412,874.03
53,434.01
25,339*90
*00
7,779*65
63,087.75
18,300.27
8,147*08
15,346.21
22,968.41
21,151 *42
.00
32,976.28
16,391.75
9,119*41
37,076.52
40,992.22
142,643.13
43,133*92
14,029*28
33,968*65
14,031e84
70,801*06
1,553.00
108,935.49
16,003*50
1,982.96
38,041.12
42,561.73
11,649.20
20,000*00
9,030.00
14,040.55
3,067.5#
72,476.63
11,175.83
11,944.19
129,211*26
193,863.38
12,923.53
12,892*24
8,905.42
28,167.65
64,755.00
13,950*00
14,834*13
100,633*17
273,533.70
3,642*83
20,000*00
20,400.00
24,143,15
6,190.08
41,840,93
fc 20,401.99
3,743.98
25,735.65
76,533.91
520.00
7,000*00
11,389*24
25,877.36
302,057.70
173,238.61
87,581.24
.00
340,127.32
33,134.00
12,241*97
5,876.30
418.00
63,736.89
15,681.74
18,147.08
23,987.50
32,256.38
*00
20,000*00
35,543*71
14,522*86
10,565.46
41,920.00
46,875.75
147,779.49
29,036.42
15,964*26
34,309*55
.00
74,421.67
16,107.65
99,313.66
*4,963.80
26,049.73
37,360.52
30*653.82
24,418.10
20,000*00
23,030*00
5,286*56
6,134*26
34,837.31
6,606.60
5,966*66
110,186*93
187,386*99
16,256*43
13,663.12
23, 761*81
35,563.95
76,155*00
*00
29,365*43
182,279*91
147,400*00
*00
•00
20,266*66
22,280*00
2,131*50
39,873*63
55
•10-
Seas of
Hsrlovton
IIMIV
Helena
w
*
n
Hlgtovood
Rlngiaa
Hinsdale
n
Hobson
Hbntley
HfrShaa
Ingoaar
Inverness
Intake
Iaaay
Joliet
Joplin
Jordan
Judith 0*p
Khllepell
m
«
Laurel
M i W rb
«
«
N
Livingston
Malta
m iss oity
*
Missoula
Moore
Basina
tt
Ophelm
i«
Oirsego
Bark City
Plentyvood
i«
Plevna
Poison
Poapeys Pillar
'Popisr
Raymond
aayneeford
Reed Point
N
Reserve
31obey
*
?onaa
^onndnp
«
w
Boy
tadyard
iaoo
«
Savage
Su b of
Hnlr—
first Matlonal
Havre national
Aaerioan national
Banking Corp of Monto
Conrad Trust & Savings
Matlonal Bank of Helena
Union Bank ft Trust
first national
Hia£iaa State
first national
Talley Co* Bank
first national
Huntley State
first national
first national
Inverness State
first national
m
Joliet State
first national
n
m
Bank of Cooneroe
Conrad national
flrat national
01 tlsens national
Bank of fergus Co*
Bnsplre Bank & Truet
flrat national
Levistown State
northwestern national
first national
Malta national
flrat national
Miles City national
Aaerioan Bank 6 Trust Co®
first national
it
State Bank
flrat national
flrat State
first national
Park City State
first national
State Bank
first National
»
tt
ft
first national
Stookaans national
first national
Reed Point State
first national
first State
first national
Cltlsens State
first national
Roundup national
first rational
it
faro & Kerch* State
first national
n
Aaount
held end
■
■tf ftolMMtoML,
*60,121*92
42,207*50
282,158*24
88,456.48
201,256*75
257,467.50
510,625*55
45,706*54
28,105*71
29,255*74
55,550*00
21,159*51
10,957*41
55,182*55
50,717*90
19,856*05
15,404*21
28,442*50
5,255*99
5,025*14
15,845*55
8,540*40
18,795*50
110,875*00
120o546*06
55,529*78
491,987*46
116,698*57
546,154*79
11,570*51
28,708*85
69,111*50
16,447*06
100*000*00
162,457,08
11,504*78
58,176*52
7*500*00
24,685*00
24,056*10
1,151*10
14,061*90
-
10,110*54
5,500*00
18,861,90
25,219*21
17,405*00
20,555*86
45*545*85
14,154*02
9,805*76
Aaount
beidead
af BeaeA
$85#556*91
55,245*56
159,562*51
80,680*00
112,785*62
227,467*50
292,115,60
54,298*52
.26,119*65
56,755*74
41,512*05
24,552*24
11,967*41
19,129,96
55,006*55
18,692,59 17,006*00
55,650,00
741,42
4,656*20
••
17,050*00
80,220*00
107,725*84
56,941*61
580,067*51
99,166*77
410,668*65
1,260*00
5,121*64
61,695.50
121,054*55
117,924*87
58,542*75
7,741*51
51,495*00
18,422*46
16,145*74
15,588*05
17,651*71
48,057*50
17,545*00
12,415*91
29,505*75
6,000*00
29,499*55
50,200*00
16,276*82
59975*66
•
18,629*72
8,512*24
11,184*81
49,588*14
41,601*50
50,959*02
24,168*44
57,480*84
•
9,655*04
12,855*97
56,118,10
22,485*42
20,774*56
47,118*79
160724*92
25,000*00
19,655*52
57,445*65
5.522*00
24,448*64
17,621,25
59,811*95
56
i»au& of
tom,,,.,
Savoy
Scobey
It
Shelby
Sidney
#
w
Stanford
Stevefcsviile
i«
Three Forks
n
Sownsend
Twin Bridges
Valier
Westty
Whitehall
White Sulphur Springs
«
Wibaux
Willow Creek
Wilsall
Wlnnett
Winifred
Wblf Point
N
Amount
hold end
JBJLM23SB&&Z
i»an» of
l i n t national
**
Merchants national
First national'
M
Sidney National
fellows tone ?y £* 6 Tr Co.
First hatiojifcl
It
Piret State
Au&rioan i*at.Uu;*4
First national
»
w
First 2»&ticnal
«
M
Central State
First Satlc-nal
it
Willow Creek State
First national
»
M
First State
$1,578.30
47,000.00
58,165.88
2,517.92
153,010.52
5,774.84
88,671.33
3,216.67
34,273.18
.00
51,516 e17
54,513.48
52,788.71
12,776*13
18,582.70 ,
17,263.22
21,684*00
42,29$.14
15,463.79
5,848.88
59,961.34
4 , OuOo83
6,468.84
5,71 Oo48
51,717.85
Amount
held end
...gf.PtfifrBftM
# 2(,500.00
60,000.00
67,017.56
4,900.00
120#152.86
10,120.08
87,722.76
,00
28,320.24
9,500.00
29,914.61
67,530.23
.00
2,791.25
11,366.85
16,024.96
13,886.48
23,160.28
.00
.00
59,271.02
10,000.00
4,300.10
18,879.11
62,225.93
.....
$ 8,331,162.17
$ 7,068,709.63,
aiifigiflAK
Bessemer
Sladetone
Iron Biver
Ironwood
Iroxnood
Uanistique
Menominee
w
Kegaunee
South Bange
Wakefield
First National
Gladstone St Sav
First national
Oogebie National
Iron National
First National
Commercial Bank
Luntbermens national
Segaunee National
South Bange State
First National
# 56,000.00
.00
.00
77,877.66
10,000.00
43,082.38
.00
32,000,00
35,000.00
20,000.00
___
# 56,000.00
30,000.00
25,000,00
110,302.46
20,000.00
63,558.44
22,106.16
32,000.00
60,000*00
10,000.00
„.J & g »m w
$' 331,460.04
# 492,467.06
WISCQSS1H
Balsam I«Uc»
Barron
Boycevllle
Durand.
Sau Claire
tt
Sllsworth
Fiairchild
Glenwood City
«
Orautsburg
Hayward
Hudson
Polk Co Bank
First Rational
Bank of BoyceTill e
Firat national
feu Claire national
Onion national
Bank of Sllsworth
First national
Farmers national
First State
First national
t»
Batl Bk of Hudson
# 34,543.53
29,743.63
79,000.00
14,000.00
296,671.00
312,713.24
35,000.00
30,000.00
9,063.63
41,905.64
20,000.00
30,000.00
27,000.00
# 36,085.47
23,698.00
65,000.00
•00
326,222.51
289,362.85
35,000.00
30,000.00
13,359.23
50,500*00
20,000.00
30,000*00
34,000.00
- - 12
Amount
held end
of.November
Medford
Merrill
Mondori
Nelson
New Richmond
Rhinelander
Rice Lake
Stone Lake
last Salem
tttitehall
First National
Oitieens National
First National
*
Bk of New Richmond
Oneda National
First National
First National
La Crosse Qo Bank
Peoples St* Bank
Amount
held end
i
|
Name of
Sank,
VH
Name of
S 2 ss_
#68,603*56
30,000*00
123,471*37
15,000*00
61,178*33
*00
151,000*00
6,000*00
10,000*00
46,952*20
# 67 , 086*30
44,000*00
115,298*41
5,000.00
89,958*15
10,000*00
101,000*00
6,974*87
6,000*00
61,501*44
#1,471,846*13
#1,462,047*23
m m i m m m m v & usu)
m> of m im am
# 66,963,996.49
5*535,413.54
13,425,948*63
7,058,709088
1,462,047.23
492,467*06
Minnesota
Sorth Dakota
South Dakota
Montana
Wisconsin
Michigan
$967928,484083
^m m w iL k n o M _
Amount rediscounted for member banks during December
Amount of member banks liability account rediscounts
# 96,299,946*16
#95,928,484*83
Amount of acceptances purchased during Deceiriber
Amount of acceptances held, end of December
$ • 670,158*89
$ 1,313,331*39
MKm m p
First National
First National
Seoond National
First National
Arlington, S* Dak*
Grafton, No* Dak*
Minot, No* Dak*
Townsend, Mont*
Bill of lading drafts discounted during December
so* St* Paul
Stockyards Natl Bk*
Billings, Mont
American Natl Bk
Browning, Mont
Stockmens State Bk*
Grass Range, Mont*
First National Bank
Hyeham, Mont*
?irst National 3ank
Scobey, Mont*
First National Bank,
»
t»
M
Sidney, Mont«
ft
Co
Sidney, Mont*
Yellowstone Val Bk &
Three
Forks, Mont
First National Bank
# 3,223*29
12,983*02
15,634*81
33,409*97
56,485*26
#35,749*81
4,521*40
1,505*80
1,712*34
1,481*24
1,061*24
222*15
16,231*48
1,883*34
58
BAAHtt COLLATERAL SOf:vj i'N
'AiST DUB ACJ JOuivr
Town
Jtok
Ada Minn
Adams
Beaver Creek
Brioelyn
Donnell
M
ft
Hendricks
Adbi National
First National
«t
Jeffers
Lake Crystal
Marshall
Montevideo
Dev Richland
Revere
tt
Sto Charles
*
Sto Cloud
.Itendell
Windon
Worthington
«
tt
Belgrade9 Monto
tt
t»
Cearad
tt
Cut Bank
**
Forsyth
Geyser
w
ft
Grass Range
tt
Harlem
Hardin
Helena
Hihgham
Hysham
tt
Ismay
Lewistown
»
tt
Opheim
Pflppeys Pillar
Rsynesferd
tt
Ravage
tt
Soobey
Sidney
w
tt
tt
tt
*t
JJue a
*
12/31/20
iz/zo/zo
12/31/20
12/31/20
*
12/20'ao
*
12/ 24/20
12/23/20
Fa^iers National 12/29/20
tt
12/28/20
State Bank of
12/31/20
American Nat'l
12/30/20
First National
1 ^ 28/20
tt
I 2/ 29/2O
t»
I 2/ 30/20
State Bank of
12/29/20
tt
I 2/ 31/ 2O
First National
1^3l/20
tt
12/30/20
Merohants Nat*l
13/31/20
First National
1^31/20
t»
12/31/20
Worthington Natl 13/31/20
w
1^ 27/20
tt
12/28/20
12/ 31/20
Belgrade St.
t»
12/27/20
12/30/20
I V I 5/ 2O
First National
*
12/29/sO
"
12/31/20
"
12/28/29
*
12/29/20
"
I 2/ 2I / 2O
*
I3 / 27/ 2O
**
12/28/20
**
12/31/20
"
12/30/20
'*
I 2/ 31/ 2O
Hardin ^>tate
l*/3l/20
Banking Corp of Mol2/27/20
gingham State
Various
"
*
First National
"
Bnpir* Bk & Tr
Firat Hational
*
t»
Stockmens Natl
»
First National
t»
t»
M
It
•
y«H0W3t«B* Val ffit &
"
12/1/20
12/ 0/20
12/27/20
12/30/20
13/ 21/20
Co li/so/so
X2/31/20
12/80/20
12/27/20
12/27/20
1^31/20
12/ 1/20
12/ 31/20
ij/16'ao
12/ 27/20
32/ 31/20
52/31/20
12/29/20
13/30/20
Tr 12/ 29/20
32/ 30/20
i* 3L''bK Of BUtiiiliSSS DEC^MBKR 31, 1920*
Amount
,
Not sufficient
7.500.00
balance is re 20 000.00
serve account 11,000.00
te charge
3.200.00
tt
1.944.40
ft
1.310.40
t»
642.16
tt
15.000.00
tt
2,739.09
»
7,814.57
It
5.000.00
tt
50.000.00
»
35.000.00
It
6.500.00
tt
1.326.00
It
12.000.00
ft
1,909.80
tt
4,679.87
tt
2,550*00
ft
23.000.00
ft
60.000.00
tt
• 3,708.78
t»
4,053.33
ft
4.204.66
It
I,312.13
tt
2.094.00
tt
3.032.67
tt
. 2,029.06
15.000.00
576.00
1 211.66
tt
12 000.00
tt
2.625.00
tt
7,921.95
tt
2.017.00
tt
616.11
tt
2.950.99
tt
15.000.00
tt
7.625.00
.t»
80.000.00
tt
26,469.11
ft
933.75
«t
716.79
It
5,086.30
It
2,033.43
ft
17.000.00
‘f t
22,809.03
tt
12,708.35
19,987.50
3,597.28
6 000.00
3 * 100.00
5,226.62
6.788.99
3.150.00
58.000.00
II,880.15
4,874.69
15,905.76
tt
11,090/58
ft
491.99
It
6,860.51
,
.
.
59
ta rn
Sidtaoy
fiiroo Forks
«
Dug
Allows tone Val 3k <* 2r Co
Amorloan Katl
w
•»
*
First Ilatl
**
It
n
It
.n
*#
it
Alexander* Ho. Daic.
Ambroao
i*
**
•»
ft
Boach
Cavaliar
Sast Fairviow
Bdnoro
Fingal
»
it
«•
n
**
♦*
*•
Golva
M
Jamastown
Hodina
Jaisos Biwor Katl
First National
n
Mohall
M
m
*
tt
it
H
N
»
n
Boodor
Strootor
Townor
»
Witibladon
N
wyndmtro
Bristol, 3a* Dak.
Bvookings
Gastlowood
Ghambarlain
Buroka
Fairfax
Floronco
*t
it
it
First Natl
Gits Hat!
tha Bank of
First Hatl
Brulo St*
First Hatl
Howard Hatl
«
City Hatl ,
it
First Hatl
it
•t
it
I*
it
«
a
•t
ft
Scotland
Cora Balt Hatl.
it
«
»
Wossington Springs
l*a#r
”
«*
*
"
12/31/20
U /30/20
*
•
12/31/20
12/ 30/30
iz/zi/zo
12/27/20
I2/7/2O
12/22/20
12/ 22/20
12/30/10
12/31/20
12/30/a)
Various
u / 23/20
12/31/20
12/ 15/ JO
12/20/20
12/23/20
li/zA/m
12/31/20
13/31/20
12/29/20
io / l/ a >
12/3l/20
12/30/20
12/31/20
12/ 27/20
12/28/20
Various
12/ 0/ 20
14/29/20
12/27/20
lV a i /2 0
12/27/20
12/22/20
12/30/20
w z a /s o
! * / .* > / .* »
N
Madison
Uonno
*
12/29/ao
«»
«
12/£/a>
IZ/22/ZQ
12/27/20
12/29/ao
12'30/20
\vvt/to
»
Huron
im suffioiont
balimoo is roaorvo aooount
to charpo
*
it
Frankfort
Grogory
Howard
iz/m/ii)
12/31/20
l^'29/£0
1</31/ 20
li/i/go
it
Uorohants Hatl
First Katl
M
It
.jLv&<a .
12/30/20
12/31/20
1^ 20/ 20
12/30/20
12/31/20
12/13/20
i y u / <0
i V .i /f
is /z > /»
1^/80/20
x s /a i/s o
W t S L /.»
12/31/20
12/ 18/20
li/s a /to
12/so/ao
12/27/20
*
"
»
**
im w it.
2 ,6 8 9 .2 4
1 ,8 3 7 .0 3
2 ,0 8 0 .0 0
4 .9 7 8 .3 5
1 0 ,2 1 7 .0 6
5 .8 2 8 .0 0
2 ,5 1 4 .9 5
,
2 .1 3 5 .0 0
4 000.00
5 .0 0 0 .0 0
11,000.00
7 ,0 0 0 * 0 0
4 .6 0 0 .0 0
3 7 .0 0 0 .0 0
9 .5 9 3 .8 2
5 .0 0 0 .0 0
a
, 8 4 9 .5 5
4 .0 0 0 .0 0
«
4 .5 0 0 .0 0
*
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«
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1 5 ,5 1 9 .3 5
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2 ,0 6 5 .2 2
1 0 ,5 0 9 .6 5
2 * 7 4 3 .1 0
6 .5 0 0 .0 0
.
7 .0 0 0 .0 0
10 000.00
.,
1 9 .0 0 0 .0 0
5.000.00
20 000.00
10 000.00
.
2 8 ,1 4 7 .6 3
1 0 ,1 7 7 .4 2
8 000.00
6 .6 5 2 .0 0
3 ,6 3 7 .6 5
5 ,3 3 3 .1 3
,
8 2 ,2 0 6 .6 1
12 000.00
.1 2 ,5 0 0 * 0 0
5 .5 0 0 .0 0
4 .9 2 0 .0 0
2 9 .6 4 0 .0 0
3 ,4 6 7 .7 5
7 * 5 0 0 .0 0
8 ,3 0 1 .9 0
6 .4 3 8 .3 5
3 .2 8 0 .0 0
6 ,2 4 0 .7 7
8 0 ,0 0 0 .0 0
1 3 ,6 1 9 .6 2
3 ,2 9 8 .0 9
1 ,4 2 7 .9 3
1 ,3 2 6 .2 1
1 ,0 1 9 .5 0
1 ,0 1 4 .8 0
5 ,6 1 7 .1 9
2 ,9 8 5 .8 5
3 ,2 7 4 .6 4
5 ,0 7 7 .3 3
7 .0 0 0 .0 0
1 0 .2 6 7 .0 0
7 1 7 .4 5
7 .0 0 0 .0 Q ,_
I y D 5 X
Acceptance* for Deoember 1920*........................... . . . ©.................. . . . . . . . . .41
Accounting—Helena Branch*............................. ........................................
5
d3
Accounts.o Federal Reserve Agent........ ©♦.„.<.->«o®r••<•.<>••.•>*©*©v-*eTreasurer of the United S t a t e s * )«« ••« •••.©••©•••..••. . o e o © 2 4
Assets— -— -Average Holdings of Earnings,-.. . 0
,, ^ o <>© c © o <■
c o c ©, c © . © . © . © 2 1
Comparative S tatoment 1 9 2 0 —1 9 1 9 © . c ® r . o » & 9 © © » © v b © o o o * 9 9 ? © ® 9 ® o © 7
Balances---Other Federal Reserve Banks December 1919-1920©o........ ..©•••*42
Heniber Banloi by Months®... . o © . . . ® © . . © . . . . * c ,46
Bill of Lading Drafts for December 1920.......©•©•••••....... ....... .......... . ..o58
Bond Department Operations for Year 1920, * © . - , © ® . © 9 0 * © . . ® * . .44
Capital Stook.................................................................................. ......... 46
Certificates of Indebtedness, United States T r e a s u r y © « c ....29-30
Collection Department—
Comparative Report .®.c®®..®.......*..«®©....«c**o©©o......... « 24
Crl'CWth Ofo.o®.«*<>'.>«o©03aoo- »®©©i.»o. o. o. oooooc©>u««©««...« o 3
Comparative Statements ,. . . . ..r*•••.* .cc® . c7-8-ll-13-14-15-16-lC~19-20f~
21-22-23-24-25-26-43-45-46
Contact of Departments.<»«••>!<.,©®• ®.*©.©«>•.
. ©o. -v.-**.-.<►«*<c©r.«* ®®«<,.-.*•<
. 4
Control of Bills D i s c o u n t e d © ?
nr
©«ec< **©«•(**«<«•<.& ©© 3
Controller-s Conknents on-Collection Department r( «eoo ,>•,
croc.*
w c C.©©<:•.»... ,v 3
Contact of Departments*»*«»e*«oooco-. cop.ve«.>»*.•cev.«««* eco 4
Control of Bills Discounted**»#«iv#cn«o{•*-><>«.«**> *«j<oc»ccc«.t 3•
Currency-*«* >*«.v<*. -*. ©®«*«.<-.e«eoo. «.^«c«®©c*©«>< <
•> c<
<<r.6-14-19-24
Furniture and Equipment* *©©«®®©co©©c o®©®c©o<
•*©c<
•»c<
.-o©©©«o o© 2
Helena Brandi* »o*« .©©©ooo®®**®*®®^.©*?*****©®®©* of""-.©©©««•**. 5
Merit Flan# • ✓I<
“•> • *:<»<,<:«•.•'<•©«•».»•«• »?«cc .'•'e*©©c©eo.©©oo©c©©©o©o 6
Overtime »©*.« • ©? 3••«©. a; ®©. ©o; •><
r<: ^o. ©o. . .0®®®®<©©9®ee.;
4
Silver and Minor Coin* ♦
>-.cvooro• ©• ©ec«.o©o« . * • . • • « 6
Couponsg United. States Idteriy Loan©.•«q.©©....«.->©.©®©®c*©..c.o<..««e.e 23
Currency, Sub—Treasury Functions©•©«o©«o©*oooeco»ooooo©o>oooesao© .to««e« 6
Departments—Certificates of Indebtedness. « « o©©©©o©©©*^c©©c©•©©.©©..29-30
Collateral©•©•0ec©©0c#©woea")v©o#0t0C©0030©.0..©%i0©0©©*©#*«c 29
Colleo^ion© . ccvo©««o0o«ooe«o©o' (.jcjecoo»4«oo#«f
*3-24
Contaoto ©C9090®®0®0®»0®9®900©.>90©©©000«09®®e«*®««©®»*9e©««t 4
Coupon© ( O t O O I t M O O O H Mt t M O O O t t C I D I t t l M M t C t . K t O O O K I t C 23
Currency©••©ooo©»©cee*oo««<»ooo.>d*c©©©vcoooo©- vti«ixo»«oc6-24
DiSOOUnt© <i«.oooac©©o©>©••©«.©©•.•©©••©co©.©oco©©':cov©©o • o3—22
Federal Reserve Agent.. . ® . 9 0 9 ® < > ' ' s e © o - j > o © . . . . < , c. o © o © « 13—15—16—17
Fiscal Agency. © © < « » © o o ® ® ® 9 . 9 . © « > ® © o © » * o e o '
o©®»®*®%«28—29—
30
transfer• '’!9©®®9o*©©9©ao.eee©.o©»o<'>o©oo9...©o©*..«•••»..**«© 26
Transits ©<»•«* o«©©•.' t'dOo^Oo• e•>$ov>o o©3• • • • • • • • • • • e• o•.©•••• 26—27
War Savings • <•«©«©«o®«>#* • • oo&•»o*•»?<•><
•o.>©<■.«o©«,• :«©•••©.©••••• o©«: 29
■VirOo•©..*■co*»oo »»oo''o<>ooa*«o<.*©o®‘®*»>c-c...«o©on'ji>©«©...©.©©©« 25
*oo.o 22
Discounts-- Comparative Operations 1919-1920... *©.,„ ©©©©©©©. ©©o©©*©<
Volume by States^•>«««.<
s««.i*.«...«....«.e»«««oo«.-ooi;o«o«<)o< 22
Earnings---Analysis of Cross Earnings for 1919-1920*.©* ©a©©oo..©,evooo 20
Average Daily BddlngSo©©o^*o©r©.o<>it.o«©©©ooo«*.©co©.o9©©o« 21
Months for 1920®©©•••®®o®®®6®»o®®«»o®a»o«4«®®«®®«®®®®®o6e XO
Control of Discount© «t<«»««*««o©«o«««««t«o« ?^<
>©®®<
>o<»«*.••o**?>;.
3
Fc* Deoember 1920o9oo®«®®®99©®•©'■><>©»••••••©• ,<•©©©©®<»*ooo©o 35
Earnings and Assets—Average Amount for December 1920...oooo.©*©©©©©©^*, 34
Efficiency System®©...................... ........................................
. 5
Exchange Value—Furniture and Etjuipment©®*©.©©').©®..••••••••«••«©• «<>««•€■ 2
Expenses—— Agent for Doooiribor 1 9 2 0 ® « © • • . • • • • • © © • • . « © . • • • • • • 39
Analysis of Increases©»®®®®®»®»0©©®»©®»®»a»^f ©•»•«♦♦•••»>»» 11
Bank for December 1920®.®®®©«.ooo«**oo«©c©i .>o®®®®©®®«®®®*®®,* 36
By Months for 1920©9®®®®®®®®®®o«oo®o«®®®®®©*®®®®®*®*»»«*«*« 10
Fiscal Agency for Dooeoibor 1920®•••••©o©®®®©®«• *>»>©*•••*• <*ot 28
Itemisod—Bank. Helena* Transito•«o»«««**#»#6#o*»«'’*»®®®®®# 11
Transit Department for Year 1920.>•.©*•*©*. ©©•©©«•.•...©©..« 26
Transit Department for DececSwr 1920e*©9©©o©9«e©o©©««««^«®c 27
Finance C^rporation® *<>* ">•«>•<»** c<>wo *••• *<•>©«*«©••*?-•»•*< «© 28
61
Federal Reserve Agent —
Aocounts.......... • • • • • • • • ............... . . . . . . . . . . . ................. .
13
Current Expenses December 1920.............. ................... .
39
13
Cold Holdings for the Tear • . • • • • • • • • . • • « • • • . . ...................
Rotes . . . . . . • • • • • • • • • ........ ............................. ...............16-17
Fiscal Agency and War Finance Corporation —
Operations • • • » • • • ........ . ..............•
29
28
Reinibursable Sxpenditores.......• . • . • • • • • • • • • • • • • • • • • ....... .
Furniture and Equipment — Valuation of*......... ................... ................ .
2
13
Cold Holdings. .Bank ........................... • • • • • • • • • • . « . . • • • • • ............ . . . . . . . . .
Federal Reserve Agent • • « • • • • • • • • • • • • .......13
Insurance on Furniture and Equipment ................................ .
2
Investment Operations for December 1920 ............................ ............. * •• ••
33
liabilities, comparative statement .....................................• • • • • • • • • • • • • •
$
Montana Branch, Expenses . . . . ........... ........ ................................••« •• •• *.
11
Methods of deration ..................................• • • • • • • * • • . • • • • •
5
Motea* federal Reserve •—
Agent’s Transactions 1980 .......• • • • • ' • • » . « • • • • • * • • • • • • • • • • •
15
Analysis by denomination .......... 17
Comparison with other Districts .......................... .............
14
Cost and Increase . . . .......• « • • • • ..................... .................... 14
Sxpanslon and Contraction ................... ........ ................
14
Issue and Des traction ................................... ................... .
17
Monthly comparison Issued and Destroyed ............. . . • • • • • • • •
16
Received and Returned by Federal Reserve Banks
18
Botes, Federal Reserve Bank —
Issue and Destruction ».* •• ...............• • • . . . * « . « ....... ...**«•
19
Security for
........ • • • . . • • « » . * • • ......... .
19
Officers — Duties and Assignments.......1
Organisation^ Chart of • • • • • • • • • • • • « • • • • « . • « « • » • • • • • « . • • ..........• • • • • • • • » .
1
Overdrafts for December 1920 . . . . . . . ................................................ • • • • • •
58
Overtime ..................... ......................................... • • • • • • • • • • ..........
4
Profit and Loss Statement for 1920 o ... » . .....................................
9
Rediscounts.. .By Banks for Decenfeer 1920.........................#4* to
58
By States for December 1920 .......... • • • • • • • • ....... .
58
Past due for December 1920 o•• • • • • • • • • • • ....................... .59*60
Reports, Proofs and Verifications for December 1920 • • • « • • • • • « • • .........31-32
Acceptances ................ 43
Bills Discounted <>.............. ............................ . . * . * . * . . . •
43
. United States Securities .......... « «•• •••..............................
43
Reserves, iienfeer Bank Balances by States 1919-1920 . . . . . . ........ • • • * . ....... 46
Resources, Comparative Statement ................ ................................ .......... .
7
Salaries, Statistics o f ................................. ........ ............... ................
12
Securities, held as collateral for Deoenfcer 1920 ................ .
40
Silver. •• •• .......................................... .......................... ........ .
6
Sub-Treasury Amotions .............................................................. * «••.••••
6
Thrift Staqps, United States .............................................• • • • • • • * . ......... 29
Transfers.. . . .Analysis ....................... ................................. ................
25
Mall and Wire • • • • • • • • • • • ............. .......... .
25
transit Department —
Comparative Statement 1919-1920 • • • . . » • ..................... 26
Expense for December 1920
. . . . . . 2 7
Report of Operations for December 1920 • •• »•• •• •• •' ........ .
37
Treasury Savings, Certificates « . . » • < » » • » . . . .
29
Treasurer of the Uni ted States —
Dally Average Balances by Months 1920 ........................... 46
Deposits and Withdrawals by Months for 1920 o»«..o.o*....». 24
Twin City Clearings for December 1920 ........ * « • • • • • ......... ........... » • • • • • • •
38
Whr Savings Certificate Stesqps ..... ......... .................. ..................«•••«#.. 29
Wire, Gonparatlve Statement Operations 1919-1920 ........ ............. ............. 25