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FEDERAL RESERVEBANK OF ATLANTA SIXTEENTH ANNUAL STATE ME NT DECEMBER 31, 1930 Tm6 I 1 9 + b FEDERAL RES] O F ATLA To the Stockholders of the Federal Reserve Bank of Atlanta: In order that you m y be fully informecu as to the condition of your bank on December 31, 1930, and may be advised as to its earnings for the past year and the apportionment of those earnings, and may know of the scope of its operations in 1930, the enclosed statement and information has been compiled. I want this to be something more than a formal statement of condition. Please take the information of operations as evidence of our service to our member banks and of our desire to be of greater service to them in 1931. The complete report of the year’s operations whkh is submitted to the Federal Reserve Board by Mr. Oscar Newton, Chairmen of our Board of Directors, is now in process of preparation am? will be mailed to you. Sincerely yours, Governor. STATEMENT OF CONDITION-DECEMBER 3 1 , 1930 RESOURCES GOLDWITH FEDERAL RESERVE AGENT . . . GOLDREDEMPTION FUND. . . . . . . GOLD HELDEXCLUSIVELY AGAINST R. NOTES F. GOLDSETTLEMENT FUND WITH F. R. BOARD . GOLDAND GOLDCERTIFICATES HELDBY BANK . TOTAL GOLDRESERVES. . . . . . . RESERVES OTHERTHAN GOLD . . . . . TOTAL RESERVES . . . . . . . . NON-RESERVE CASH . . . . . . . . BILLS DISCOUNTED: SECURED U. S. GOVERNMENT BY OBLIGATIONS OTHERBILLS DISCOUNTED . . . . . . TOTAL BILLS DISCOUNTED. . . . . . BILLS BOUGHT OPENMARKET. . . . . IN U. S. GOVERNMENT SECURITIES: BONDS . . . . . . . . . . . TREASURY NOTES . . . . . . . . CERTIFICATESAND BILLS . . . . . . . TOTAL S. GOVERNMENT U. SECURITIES . OTHERSECURITIES . . . . . . . . TOTAL BILLSAND SECURITIES . . . . . DUE FROM FOREIGN BANKS . . . . . . UNCOLLECTED ITEMS . . . . . . . . F. R. NOTESOF OTHERF. R. BANKS. . . . BANK PREMISES . . . . . . . . . ALL OTHER RESOURCES. . . . . . . TOTAL RESOURCES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $129,900,000.00 2,237,249.55 $132,137,249.55 10,803,301.87 7,907,092.50 $150,847,643.92 8,577,734.00 $159,425,377.92 4,693,484.07 . . . . . . . . . 471,228.25 17,597,166.86 $ 18,068,395.11 15,755,333.96 . . . . . . . . . 522,900.00 4,379,750.00 2.974,500.00 . . . . . . . . . . . . . . . .. $ $ 7,877,150.00 600,000.00 . . . . . . . $228,101,735.83 . . . . . $133,853,805.00 . . . . . . . . . . 42,300,879.07 25,456.59 12,846,458.68 1,684,850.00 2,572,518.50 4,552,711.00 L AB l Ll T ES I I F. R. NOTESIN ACTUAL CIRCULATION. DEPOSITS : MEMBER BANKS-RESERVE ACCOUNT . GOVERNMENT . . . . . . . FOREIGN BANKS . . . . . . . OTHERDEPOSITS . . . . . . . . . . . . . . . . . . . . . . TOTAL DEPOSITS. . . . . . . . . . . DEFERRED AVAILABILITY ITEMS . . . . . . . CAPITALPAID . . . . . . . . . . . IN SURPLUS . . . . . . . . . . . . . . . ALL OTHER LIABILITIES . . . . . . . . . TOTAL LIABILITIES . . . . . . . . . . . . . . . . . $ 61,014,263.97 1,210,907.56 206,961.60 479,293.97 62,911,427.10 13,129,339.44 5,346,150.00 10,857,310.05 2,003,704.24 $228,101,735.83 STATEMENT O F PROFIT AND 1 DISTRIBUTION O F For the Year Ending De NET EARNINGS JANUARY 1, 1930 THROUGH DECEMBE DISTRIBUTIONEARNINGS: OF DIVIDENDS FOR PERIOD PAID JANUARY 1, 1930, T 1930 . . . . . . . . . . . . RESERVE DEPRECIATION BANKBUILDINGS, FOR ON ETC. . . . . . . . . . . . . RATIO OF CURRENT FOR YEAR 1E AVERAGE PAID I N CAPITAL, 11.4%. AVERAGE PAIDIN CAPITALAND SURPLUS, 3.Sy AVERAGE I N CAPITAL, SURPLUS AND MEMBl PAID VOLUME OF BUSINESS TRANSACTED BY THE PRINCIPAL DEPARTMENTS OF THE FEDERAL RESERVE BANK OF ATLANTA DURING THE YEAR 1930 Number . . . . . . . . . . . ACCEPTANCES PURCHASED . . . . . . . . . BILLS DISCOUNTE~ I ' FEDERAL INTERMEDIATE CREDIT BANKDEBENTURE BOUGHT UNDER REPURCHASE AGREEMENT . . . . CURRENCY RECEIVED COUNTED. . . . . . . AND COINRECEIVED COUNTED . . . . . . . . AND . Amount 63,285 $ 515,993,387.10 8,660 133,070,629.18 1 600,000.00 125,990,910 564,128,123.00 70,855,651 12,786,638.00 29,308,000 10,201,949,000.00 2,188,000 226,105,000.00 CHECKSHANDLED : (a) ALL CHECKS-EXCEPTGOVERNMENT , (b) 'U. S. GOVERNMENT CHECKS . . . . . . . . . COLLECTION ITEMS HANDLED: (a) NOTES,DRAFTS AND OTHERITEMS . . . . . 138,445 132,726,447.50 . . . . . ( e ) ALL OTHER COUPONS PAID . . . . . . . TRANSFERSFUNDS. . . . . . . . . . . OF 411,777 5,910,750.73 27,532 14,657,769.78 (b) U. S. GOVERNMENT COUPONS PAID 844,575 2,562,525,366.71 UNITEDSTATES SECURITIES: (a) NEW ISSUES . . . . . . . . . . . . (b) REDEMPTIONS . (c) . . . . . . . . . . EXCHANGES . . . . . . . . . . . . . 8,919 . 82,130,000.OO 9,044 20,733,661.86 16,922 I 46,037,950.00 DIRECTORS AND OFF FOR 1931 FEDERAL RESERVE BANK DIRECTORS OSCAR NEWTON.............CHAIRMAN, ATLANTA, GA. W. H. KETTIG. .DEPUTY CHAIRMAN, BIRMINGHAM, ALA. .. GEO. S. HARRIS ........................ ATLANTA, GA. H. LANE YOUNG ATLANTA, GA. E. C. MELVIN SELMA, ALA. ....................... ........................... G. G. WARE C. S a J. A. MCCR J. B. HILL. LEON OFFICERS E. R. BLACK ............................. GOVERNOR OSCARNEW^ W. S. JOHNS.. ....................DEPUTY GOVERNOR H. F. CONNIFF.. ...................DEPUTY GOVERNOR WARDALBEI W. S. MCLARIN, JR.. .ASSISTANT DEPUTY GOVERNOR M. W. BELL CASHIER E. P. PARIS . . . . . . I . R. A. SIMS.. .................... .ASSISTANT CASHIER J. W. HONOUR.. v. K. BOWMAN.. .ASSISTANT CASHIER C. R. CAMP.. .ASSISTANT CASHIER P. L. T BEAVERS.. . .ASSISTANT CASHIER S. P. SCHUESSLER. .ASSISTANT CASHIER L M. CLARK.. . .ASSISTANT CASHIER J. P. BUTLER.. ...............MEMBER FEDERAL ADVISORY COUNCIL .... ............................... ................. .................... ............... ............... .................. .d . .................. .ASSISTANT AUDITOR NEW ORLEANS, LA. ROBERT PARKER. S. .......................... .GENERAL COUNSEL ATLANTA, GA. NEW ORLEANS BRANCH DIRECTORS LEONC. SIMON.. ........CHAIRMAN, NEW ORLEANS, LA. MARCUS WALKER..................NEW ORLEANS, LA. R. S. HECHT ...................... NEWORLEANS,LA. P. H. SAUNDERS. ...................NEW ORLEANS, LA. F. W. FOOTE.. ...................HATTIESBURG, MISS. A. P. BUSH.. ........................ ..MOBILE, ALA. J. D. OIKEEFE.....................NEW ORLEANS, LA. W. H. KETTIC...........CHAIRMAN, BIRMINGHAM, ALEX E. WALKER.. BIRMINGHAM, OSCAR WELLS.................... .BIRMINGHAM, w. E. HENLEY. .BIRMINGHAM, W. W. CRAWFORD. ................ .BIRMINGHAM, J. H. FRYE. ...................... .BIRMINGHAM, E. F. ALLISON....................... .BELLAMY, ................ .................. DIRECTORS ALA. ALA. ALA. ALA. ALA. ALA. ALA. C. COOPER.. ......CHAIRMAN, JACKSONVILLE, FLA. HUGHFOSTER .................. .JACKSONVILLE, FLA. S. 0. CHASE. SANFORD, FLA. FULTON SAUSSY .................JACKSONVILLE, FLA. EDW. W. LANE. .JACKSONVILLE, FLA. ARTHUR F. PERRY. .JACKSONVILLE, FLA. G. G. WARE.. ....................... .LEESBURG, FLA. ......................... ................. .............. ..................... NASHVILLE, TENN. ................. .CLEVELAND, TENN. ...................NASHYILLE, TENN. WM. P. RIDLEY.. .................. .COLUMBIA, TENN. C. W. BAILEY................... .CLARKSVILLE, TENN. SAVANNAH AGENCY J. H. BOWDEN ............................. MANAGER JAS. A. GOETHE ..................ASSISTANTMANAGER HUGH GEO. MARY NASHVILLE BR .NASHVILLE, TENN. JOEL J. B. HILL........................ JOELB. FORT, ...................NASHVILLQTENN. JR C. A. CRAIG.. FRANK HARLE. J. PAUL DAVIS. M. ALEX H. J. T. N. JACKSONVILLE E JNO. DIRECTORS F. C. VASTERLING. ............... .ASSISTANT W. E M - ~ - - - BIRMINGHAM B F DIRECTORS OFFICERS MARCUS WALKER............... .MANAGING DIRECTOR J. A. WALKER.. .................ASSISTANT MANAGER W. H. BLACK .............................. CASHIER E. R. L. W. H. C. A. H CASHIER
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