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• 1 • Kl&e&sdi! for puirlicationnKmday morning, AjJril ZZ, 191? * earlier X-iOO- STATEMEFT FOR THE PRESS. April 21, 1917. Renewal of discount activities by some of the Federal reserve banks, continued liquidation of acceptances,, further issues of Federal reserve notes and transfers of gold to thj Federal Reserve Agents ad cover for the additional note issues, are indic&ted by the weekly bank statement issued today as at close of business April 20, 1917* -Aggregate gold reserves of the banks show a gain of about one-half million, while total cash reserves increased about 3«S millions. The total gold resources of the system, including amounts of gold held by both the Federal reserve banks and agents show--.- a gain for the weak of about 9*3 millions, and stand now at $958,171,000, having increased about 30 per cent since the beginning of the year. The week witnessed considerable transfers of geld from New York to other Federal reserve banks, largely through the Gold Settlement Fund. As a result the gold reserve, of the Hew York bank shows a decrease of about 15 millions, while the bankas adverse balance of about 17*3 millions in account with the other Federal reserve banks., has given place to a favorable balance of over 1.5 millions. Government deposits with the bank increased about 2,7 millions, following transfers of funds by the Treasury from three other banks, while earning assets decreased about 3 millions through liquidation of acceptances. Gains in gold reserve by other Federal reserve banks are due in most cases to increased balances in the Gold Settlement Fund, accompanied by decreases in amounts due from other Federal reserve banks. Discounted paper on hand shows an increase for the week of about 7*7 millions, Boston, Minneapolis and New York reporting the largest in creases under this head. Of the total held $5 , 972 , 000 , as against $5,546, 000, is represented by member bank collateral notes. Over 80 per cent of these notes are held by the Cleveland, Richmond and St. Louis banks. The gain in the holdings of discounts is offset by the decreases in the holdings of acceptances, all the banks, except Richmond and Minneapolis, reporting net liquidation; of bank paper on hand. No changes worth men tioning are shown for other classes of investments. Total investments, $227,4-00,000, constitute at present 403 Per cent of the banks’ paid-in capital. Of the total 32 .1 per cent is represented by acceptances; 21.9 per cent by U. S, certificates of indebtedness; 15*9 Psr cent by U. S. bonds; I 3 .I per cent by discounts; 1 0 . 3 per cent by Treasury notes, and 6*7 per cent by warrants. Accession to the system 0| the Peoplei.8 Bank of St. Paul is reflected through the increase of about $ 11 , 000, in the paid-in capital of the Minneapolis Federal Reserve Bank. Government deposits show but a slight decrease for the week, though there has been considerable shifting «f funds mainly to the New York bank. Member be.nk reserve deposits show a net gain for the week of over 1 million, Boston, Cleveland and San Francisco reporting the main increases under this head. Net issues to date of Federal reserve notes aggregate $440,539,001}, an^‘ increase... during the week of $8 , 751 , 000, nearly two-thirds of which represents additional note issues by the New York and Chicago banks. . Against the total issued the Agents hold $418,538,000, of gold and $23 ,826,000, of paper* The banks report- an actual Federal reserve note cir culation of $414,357,000, and aggregate liabilities thereon of $16,459,000 ■ 'T ~ W ~ W 'W- ^ ^ Released, for publication Sunday morning April 22, 1917* Not earlier. X-100 STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF TEE TT7ELVE FEDERAL RESERVE BAMS AT CLOSE OF BUSINESS APRIL 20, 1917* April 21-22, 1916. R E S O U R C E S . April 20, 1917 April 13, 1917 January 18,1917 October 20 , 1917 239,882,000 338, 369,000 261,515,000 286,509,000 Gel’ coin and certificates in vault......................................$330 , 152,000 74, 785,000 198,271,000 121,351,000 212,051,000 Gold settlement fund................................................................... 206,830,00 0 2, 434,000 1 , 418,000 Gold redemption fund with United States Treasurer.............. ..........2 ,6 5 1 ,OOP 1, 783,000 1/ 473,000 316, 140,000 384, 284,000 539, 074,000 Total gold reserve.............................................................. 539,633,000 500, 343,000 9 , 505,000 21,136,000 10,561,000 10,338,000 Legal tender notes, silver, e t c .............................................. 24,462,000 325, 645,000 394, 845,000 560,210,000 Total reserve....................................................................... 564,095,000 510,681,000 362,000 F ii^ p c r cent redemption fund ag?.inst F. R. bank n o tes.... 400,000 400,000 420,000 400,000 22,067,000 2 1 ,3 6 5 ,0 0 0 22,009,000 1 7,219,000 B i ^ p discounted - Members........................... ........................ 29,737*000 44, 237,000 80 , 604,000 8 2,6 92 ,0 0 0 Acceptances bought....................................................................... 72,925*000 108, 44^,000 4 5 , 204,000 4 1 ,3 3 5 ,0 0 0 36,218,000 ^United States bonds............................................................. .. • . . 3^,215,000 37, 899,000 3, 840,000 23,370,0 00 11,697,000 One-year Treasury notes............................................................. 23,360,000 18, 314,000 . , * % * United States.«,car±ificates of indebtedness........................... 50,000,000 50 ,000,0 00 ,35, 89.2^ 000 . Municipal varrants...................................................................... 15. l 6l ,000 15,212,000 .10,596,000 .54^.000 151,240,000 189,632,000 Total earning assets.......................................................... 227,400,000 192,475,000 227,413,000 Federal reserve notes — Net......... ............................................ 20,640,000 15,181 ,0 0 0 22,001,000 24, 064,000 21, 731,000 17,515,000 2,473,000 Due frort other Federal reserve banks - Net........................... 1 ,0 7 1,00 0 5 ,3 54,00 0 30 , 604,000 « ♦ Uncollected items.................................................... .................... 166,966,000 169, 184,000 132,116,000 3 , 214,000 .2 ,6 3 0 ,0 0 0 4 , 610,000 All other resources.................................................................... 4,770,000 12,729,000 TOTAL RESOURCES................................................................... 986,744,000 519, 707,000 984, 889,000 877,81 9 ,0 00 633,312,000 L I A B I L I T I E S . 54, 843,000 Capital paid in .......................................................................... . 5^,411,000 56, 408,000 55, 642,000 55, 682,000 Government deposits............................................................... .. 41,988,000 42, 247,000 28, 410,000 35,291,000 2 6,116 ,0 0 0 «* * 4« Due to members - reserve account............................................. 742,584,000 669,874,000 741, 542,000 5 38,102,000 417, 349.000 Mc^fer bank deposits - Net........................................................ CojKction items...................................... -........ ........................ 128,856,000 131,064,000 109,734,000 Federal reuerve notes - Net......... ............................................ 11,896 ,0 0 0 9 ,6 1 7,000 16,459,000 13,014,000 13,890,000 1 , 964,000 Federal reserve bank note l i a b il it y ...................................... 1,0 32,00 0 'A l l other liabilities............................................................... . 446,000 ...263x000 643,000 484,000 614,000 TOTAL LIABILITIES............................................................... $986,744,000 8 7 7,819,000 633,312,000 519,707,000 . 984, 889,000 7 0 .4 ^ Geld reserve against net deposit and net"5 , liabilities....... 71*0^ 73.4# 71.1# 71 . 2# 7 2 .4 ^ Cash reserve against net deposit and note l i a b il it ie s ..... 74*2% 74 .6^ 73 *2$ 73 -9$ Cash reserve against net deposit liab. after setting aside 7 4 .0 $ 40^> gold reserve ag 1st.net liab^o.n F-R.notes in circulation 74*9$ 7 3 . If7 4 .5 ^ 7 5 . 3^ Over 90 days 6l - 90 days 31 - 60 days .MEMORANDUM: Distribution byHnaturities: April 20,1917* 1 - 1 5 days 1 6 - 3 0 days 1, 014,000 14,102,000 Bills and a c c ep ta n c es ..................... ' . .................................». $36,555,000 26,529,000 24,462,000 1,986,000 2 , 153 >ooc 531,000 Municipal warrants...................................................................... 520,000 9,973,000 . , . , • * * . « f « « « . , « • • . . Released for publication Sunday morning April 22, 1917* Not earlier. X-100. WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS APRIL 20, 1917. (In thousands of dollars) RES 0 U HCES . Boston N. Y. Phila. Clevel. Richm, Atlanta Chicago St.Louis Minnls. Kan.Cy. Dallas Gold coin and certificates in vault $12,513 180,192 22,749 17,963 5,984 6,139 29,557 12,070 11,975 7,844 8,166 Gold settlement fund 20,552 21,992 18,071 30,653 15,915 5,631 4o,752 5,973 6,351 25,259 5,454 Gold redemption fund ____ 5Q_______25P______250 . 59 368 845 200 118 251' 163 71 Total gold reserve 33,115 202,434 4l,070 48,675 22,267 12,615 70,509 18,l6l 18,579 33,266 1 3 , 6 9 1 Legal tender notes, silver, etc* ^98 18,786______334______IO3______ 112______ 8 l 6 1 ,^ 49 1,092 285 34 1 067 j^Total reserve 33,513 221,220 4 lt4p4 48,778 22,379 13,431 71,858 19,253 l p 6 4 31.300 14^758 5^^lem p tio n fund- F.R. bank notes -7 -’ ----- ---300 100 300 100 974 3,280 6,307 B i l l s discounted - members 1,798 2,132 1,405 5,756 873 534 2,408 3,697 10,361 14,982 _ i o a i 2_ 4.098 B i l l s bought in open market 6,655 2,923 2*558 .. 5,623 6,403 1,377 848 4,6a<r? 16,674 16,780 11,293 Total bills, on hand 7,378 12,4ll 6,496 4,328 10,100 1,911 3,256 530 5,844 Uni tad States bonds 1,306 672 1,152 549 7,007 3,966 8,792 2,233 1,735 2,194 2,548 1,491 2,788 One-year Treasury notes 1,444 1,969 2,985 1,452 1,775 1,784 1,430 3.500 3,000 20,000 2,000 1,500 TJ. S. certificates of indebtedness 5,000 3,500 2,500 2,000 2,500 2,000 1.500 2,990 12 Municipal warrants 2,267 5,1.54. 1,068 _ _ m _ 456 _ .1 5 177 560 ...22^ 6 . 46,028 1SL32Q- 21,487 17,547 ..-.-8,365 Total earning assets 23.ul.5 5 ._1 1 ,573 15,464 15,44-3 11,212 1,564 Federal Reserve notes - Net 6,216 9,669 1,337 58 892 Due from other F. R. banks - Net 482 2,619 2,019 1,537 393 3 34,140 19,969 12,173 8,610 Uncollected items 9,853 23,358 21,467 4,046 9,715 8,688 7,032 l4? 60 . 148 68 J L 3 3 0 _ . .5.92 All other resources 165 .. . 113 _zai 163 1,040 80,844 313,385 80,912 85,042 50,102 31,736 126,507 41,326 38j.48 7 59,971 34,142 TOTAL RESOURCES L I A B I L I T I E S . 3,431 11,882 6,240 2,418 2,945 .2,43 0 Cap^al paid in 7,002 5,059 5,259 3,089 2,723 3,262 2,441 3,020 GoTi^Kmeat deposits 7,828 4,627 2,701 7,077 2,329 2,203 2,567 Due to members - reserve account 54,753 267,576 47,836 63,513 26,152 18,478 97,255 2r f m ~ ^ , 8 0 8 47,471 23,145 26,728 18,988 12,848 Collection iteJ?> 9,940 5,180 15,037 14., 422 8,364 3,140 6,844 3,562 2,002 2,881 7,878 Federal reserve notes - Net 1,716 929 1,053 Dus to other F- R* banks - Net 638 2,655 1,190 851 1,456 122 ....._13l_ 78 All other liabilities 80,844 _ 3 l U 8 5 ._ 80,912 ..§ .5 ^ 2 50,102 ...31,236 126,507 41,326 38,487 59,971 34,142 TOTAL LIABILITIES .... . .MEMORANDUM F.R.notes issued to the banks 39,434 15,557 22,686 24,748 19,055 191 , I83 30,024 21,551 16,758 19,883 786 .6,216 F- R. notes held by banks 9.669 1,269 -163 . 1,081 1,084 ... 631 -L33LF. R. u5itc,s in circulation 33,218 14,926 21,605 23,664 17,718 181,514 28,755 19,987 15,972 19,314 Gold and lawful at nay with Agent _J^05.5. 191,183 _25*8Z4 -21^551. 8,094 1 L J 1 2 . iSLiHiL—i3j 210 . 20,676 21,722 (a) Difference between net amounts due from and net amounts due to other Federal reserve banks. 20,661 180 20,481 1 1^ 28 S.Fran. Total 15,000 330 152 10,227 24 25,251 86 25.337' -c 573 6,772 7,3^5 2,429 206^830 2 651 539^633 24 462 400 400 29,737 72,925 102,662 36,215 1,500 23,360 2,500 50,000 786 --15,163 SJ J 14 ,560 221,400 20,640 1,796 a) 2,4^3 1,321( 166,966 7,915 4,770 151 51,080 986,744 3,933 3,391 39,838 56,411 41,988 742,584 3,803 128,856 16,459 115 51,080 "4 4 6 9 8 6 ,/4 4 18,999 1,796 440,535 26,182 17,203 18^999 414,357 416L5.18' Released for publication Sunday morning April 22, 1917. Not earlier. X - 100. STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS APRIL 20, 1917(In thousands of dollars) Boston N. Y. Phila. Clevel- Richm. Atlanta Chicago St.Louis Minnls. Kas.Cyy Dallas S. Fran.Total $36,880 326,640 43,440 32,200 29,500 36,380 48,240 24,940 34,000 37,720 36,520 22,060 708,520 9,525 71,497 8,096 5,309 9,542 5,542 l,$o6 4,443 4,764 4,544 7,673 3,061 135,902 27 >355 255,143 35,344 26,891 19,958 30,838 46,334 20,497 29,236 33,176 28,847 18,999 572,618 8,300 63,960 5,320 5 ,3 4 0 3,200 10,955 6,900 . 4,940 6,550 8,428 8,186 .. . . . 132,079 Issued to F. R. bank less amount returned to F. R. Agont for redemption 19,055 191,183 30,024 21,551 16,758 19,883 39,434 15,557V 22,686 24,748 20,661 18,999 440,539 Amount held by F. R. Agent in reduction of liability on otrtstanding not^s: On hand: Gold coin and certificates 17,910 184,181 3,730 10,913 ......... 2,897 ** * # 6,165 13,918 2,370 10,110 1,145 7,002 1,554 1,138 494 1,385 664 775 1,038 1,492 1 , 06a * - ^ 8 8 9 18,644 *# «• - • » * »t 20,590 9,500 7,600 13,030 38,770 6,270 5,720 19,860 18,110 147,700 »• « • « ......... 4,150 ... 8,664 2,571 « « • %* 2,3^7 2,010 1,026 1,233 19,055 191,183 30,024 21,551 16,758 19,883 39,434 15,557 22,686 24,748 20,661 ^•»186 .......... 9*14-3 2,581 2,348 2,010 1,040 2,518 Federal Reserve Notes: Received from Comptroller Re^pied to Comptroller Chargeable to F. R. Agent In hands of F, R. Agent Cratffc balances: In fo ld redemption fund With Federal Reserve Board As security for outstanding notes: Commercial paper Total femount of commercial paper de livered to Federal Reserve Agent .. .. ... 252,194 22,001 18,999 .. ... 440,539 23,826 • ' # X-ll4 Released for publication Sunday morning April 29* 1917* Not earliert STATEMENT FOR THE PRESS. April 28, 1917* The Federal Reserve Board made public to-da? its weekly bank statement as at close of business on April 27^ ■1917 * statement reflects to some extent the week!s credit operations of the Treasury in procuring, through the Federal reserve banks, a temporary short-time loan of 250 million d o l l a r s , largely for the benefit of the British Government. The part taken by the Fed eral reserve banks in the latest loan was mainly that of fiscal agents in re ceiving subscriptions and concentrating the funds subscribed at the New York Reserve Bank for transfer to the financial representative of the British Gov ernment# A relatively small amount of $8,145,000, represents subscriptions of the Federal reserve banks themselves, both for own account and on behalf of coriaiii banks. Other items showing the effect of the reserve bans1 assistance in the loan operation and of tho concentration of funds in New York lor the credit and use of tho Govofhment are gold and cash reserves which show<jfi|creases for the week of 17*4 and 11*5 millions respectively; uncollected items which increased 37*9 millions, of which 17 millions represents xhe increase in.the amount of transferrdrafts bought; Government deposits, which gained 57*7 millions, or 7#5 millions more than the portion of the loan reserved by the Govern ment for its own use; and member bank reserve deposits, which decreased 22*8 millions during the week* The New York Reserve bank statement indicates an increase for the Week of about 53*8 millions in its balance with the Gold Settlement Fund, resulting from the transfer through the Fund of subscriptions to the 250 million dollar loan received by the other Federal reserve banks* As a further result, the bank reports the change of a favorable balance of about 1*5 millions in account with other Federal reserve banks to an adverse balance of 4l«8 millions, which is, however, offset in part by a considerable increase in Clearing House ex changes and out-of-town'items* Changes in reserve and deposits shown for the other reserve banks are due mainly to transactions in connection with the loan issue* The reserve position of the banks as a whole is slightly less favorable than the week before, the ratio of cash reserve to net deposit and note liabil ities having declined from 74*2 to 72*5 Psr cent* Larger reductions in cash reserve and in reserve percentages are indicated for the P h i l a d e l p h i a and St*~ Louis banks, the former bank reporting as an offset a change from 1*2 millions due to other Federal reserve banks, to 6*6 millions due from other Federal re serve b&nks, and the latter - an increase of about 4 millions in the amount of transfer drafts bought. Apart from the mentioned increase of $8,145,000 i*1 amounts of U* S* Government certificates, the banks show some gains in discounted paper o n hand, Philadelphia, Richmond, Chicago and St.Louis reporting the main increases under this head* Acceptances on hand declined about 1#5 millions in volume, the lar ger decline of 3*6 millions shown for the Boston bank being offset largely by gains reported by the other Eastern banks* Total earning assets of the banks stand at present at $239,260,000 or 424 per cent of the banks1 paid-in capital, compared with 403 per cent shown the week before* Of the total investments 29*8 per cent is represented by acceptances; 24*3 Per cent by 2 per cent and 3 per cent certificates of indebtedness; 15.*1 P^r cent by U* S. bonds; l4*7 per cent by discounts; 9*8 per cent by Treasury notes; and 6*3 Ver cen^ ^ vtfarrants♦ Additional note issues for the week of over 6 millions are reported by Fed eral reserve agents. Against the total of $446,544,000 of Federal reserve notes outstanding the agents hold $422,905,000 of gold and $25,981,000 of paper* The banks report a total of $420,509^000 of reserve notes in actual circulation and $18,226,000 of aggregate liabilities thereon* Released for publication Sunday morning April 29, 1917* Not e a r lie r •> X--111!, a. STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS AFfulL 2 , , R E S O U R C E S . April 2 ] , 1917 April 2 0 , -lQl? January 2.6, 1917 October 27, l °l 6 Gold coin and crertificates in vault...................... * .......... . . . . . $311/798 .000 302, 3 )11, 000’ 330,152,000 274, 001,000 Gull seftieiia^i. fund. . ....... .................................................. ......... Gold redemption f/uM Sith United States Treasured* , Total gold r e s e r v e * . .................................. . Legal tender dotes, silver, e t c ....................................„ ......... Total reserve,............... ....................................., *................ JPi-rs per cent redemption fund against F« R. Bank notes.*. Lis discounted - Members............................................. ........... . Icceptances bought............. ..................... . ...................................... 207,920*000 2 , 518,000 522, 236,000 3 0 , 340.000 552, 576.000 400,000 35, 043,000 7 1 ,400,000 --United States bends,* *< 36,223,000 One-year Treasury notes...................... ............... ......................... „ 23,450,000 United States certificates of indebtedness *............... 58, 145,000 Municipal warrants* * « ......... . . ........... ............... . . . . . . . . ............ 14, 999,000 Total earning a s s e t s * ................ ............... . ............ 239,260.. 000 Federal Reserve notes— N e t ........................................................ 20,622,000 Due from other Federal reserve banks - Net.............................. 12) 2,000 Uncollected i t e m s ........... ................................ . ................. 204, 842.000 A n other resources............. * ............ . . . ............ . ........ .......... 5 , 757,000 TOTAL RESOURCES............................... ................................ ....... $1,023,589,000 L I A B I L I T I E S . Capital paid in, .......................................... .................... „ ............ 56, 409,000 Government deposits*♦* . ............. * . ....................... .. ........... , •. * * 99,689,000 Due to members - reserve account**................................ ......... 719, 785,000 ^'Li'her 'hank deposits *■ Net*................„«.......... .. „ .................. .i-o0 vjuDn x oexiioo*«%««««• • **• • *«*• • 129,032,000 Federal reserve notes - N e t ........... . .............. ♦ 18, 22.6,000 Federal reserve bank note liability* * * • * ........... . All other liabilities ............... , ............................ ...................... 448.000 TOTAL LIABILITIES, . . . . ....... .................... , ....... , ................. $1,023,589,000 Gold reserve against net deiposit and note l i a b i l i t i e s ,,.,... 68 .6$ Cash reserve against net deposit and note l i a b i l i t i e s * .,.... 1 2 . 5% Cash reserve ag*st net deposit liab. after setting aside kofo gold reserve ag!st net liab. on F*R«notes in circulation,,.. 73*3* MEMORANDUM: Distribution by maturities•April 27j 1917** 1 - 15 days Bills and a c c e p t a n c e s * * ,,.....,,.............................. ................ $38, 021,000 Municipal w a r r a n t s ......... » . . .............. 392,000 (a) Net amount due to other F. R* banks* 206,830,000 213.771.000 2,651,000 __ 1 ,8 17 , 000 517 , 9 0 , coo 539, 6/ 3,000 000 535 . 504.000 564^*095^000 400,000 400.000 29, 737,000 15 . 711.000 72,925,000 97.697.000 36,215,000 36 . 122.000 23,360,000 19. 647.000 50,000,000 15,163,00c 12.249.000 227, 400,000 181.426.000 27 . 061.000 20, 640,000 2,473,000 (a)- 4,123,000 166,966.000 126.437.000 4 ,770.000 13.609.000 986, 744,000 880.314.000 ZkASd, ♦ ♦ 56,411,000 41 .988,000 742, 584,000 ■*, « • * ,** 128,856,000 16,459,000 •• * , » , 4*, 446.000 986,744,000 71.0$ 74.2$ 74.9$ 16 - 30 days 20, 900,000 2,088,000 * • * * * 122. 587.000 __ 3 , 19? ,000 397. 979.000 9 >9 1o.aKX) 407.9 5 5 .0 0 0 420,000 ♦ * • * * 1 1 . Of 31 - 60 days 29, 620,000 10 , 325,000 362,000 16 . 911.000 , ♦ 16. 846.000 3 3 .1 9 7 .0 0 0 3 /7 0 8 ,0 00 651, 136,000 . 55.703.000 29 982.000 • * » * , • * * 551.918.000 » * , * * 5 1 6 . 0 0 0 651. 136.000 71.0$ 72.8$ ^ • * , • « * 155.647.000 21 . 604.000 14. 658.000 ** **■* 4«, 4.171.000 519. 635.000 54, 793 , 00 0 ' 40. 660.000 ,ft « % * , * * 413 . 011.000 * « • 11 . 966.000 1 , 031,000 H f « 289.000 880,314,000 73*8$ 7 6.3^ 75.421.000 - 1^457,000 311.182.000 12 , 01a , 000 323 . 193.000 - 2^190^00 189,010,000 97.374.000 13 . 509.000 f * 234. 304.000 21.448.000 47.585.000 45.841.000 3,840,000 + * April 28, 1_ 2 1 .1 3 1 .0 0 0 86 , 08r 000 4 0 .4 6 9 .0 0 0 1 1 .4 3 5 .0 0 0 55.694.000 25. 607.000 687.841.000 * * 1Q17. 73.5$ 6l — 90 days 16.735.000 355.000 8. 851.000 1 . 669.000 651.000 519 . 635.000 69 . 5$ 12 , 2$ 72 .8$ Over 90 days 1 . 167.000 1 . 839.000 29 1917 Released for publication Sunday morning April , . Not earlier X-" 14 b WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE. FEDERAL RESERVE BANKS AT CLOSE OF BUSINESSAPRIL 2'] 1 ° 1 7, (in thousands of dollars) " R E S O U R C E S . Boston N. Y, Phila. Clevel. Richm. Atlanta Chicago St.Louis Minnls. Kas.Cy.Da^lasS Fran Gold coin and certificates m vault $ , 0J2 24,580 18,558 6,4 6 6 6,092 34,107 12,055 891 hon Gold settlement fund 13 ,1 8 4 75,76? 3 ,8 / 2 22,845 16,200 J,115 21947 2 025 4 988 26 133 4 381 Gold redemption fund _ _ 5 Q _______ §50______ O_______ 5 5 _ ..._ 6 0 8 386 204 350 W7 80 ^1, Total gold reserve 26,899 2 1,089 28,702 41,458 23,274 1 1 ,0 0 9 ~ 1 7 T 3 9 3 ~ ^ 7 l 8 1 ^ '' 20 4l7 . Legal tender notes, silver, etc. ■ __^ L __23 ,,8 7.1 ______ 5 5 i _ _ 1 1 2 136 883 1 .4 ? 1.430 ?QR ^ i nAil 13,665 155 3 • Totaj. reserve redemption fund - F* R* bank notes Bills discounted - members -Bills bought in open market gZjL.^ 1 -- 8,899 25 6,089 7l!0 A J J O ____16,535 _ _ 1,533 10,711 23J+IO__ 14^4/6 _ _ 3 ,0 2 0 7,356 2~319 4.639 6.775 2,732 549 17.688 34.219 1976?? 20,513 552 576 2,791 ^ 3^317 781 2 3/7 5 0 T i 6 7 567 1 ?rU £ 844 *noh ~ 111 • fi L I 7? '° ™ 672 7,007 ^2,233 1, 71+3 ^ 8,792 3,^66 2,429 ^6 293 1,444 1,452 1,7 84 1 430 1 500 23*450 5,680 3,235 2,000 z w l o6a 2 ,533 2 900 '^ p 5^95 « 58!1^5 ^ 'o m 1,306 One-year Treasury notes 2,194 2,788 0. S. certificates ol indebtedness .taicipai warrants 3,000 20 020 3.500 U,9U0 2,080 2,382 I33 -- ------ 1 ^ 3 ___ _____________________ 12 2,548 Total earning assets Federal reserve notes - Net Due f rom char F. R. banks - Met _1 8 ,6 8b -- ^ 0 . 3 _ _ 2 0 ^ Q Q 2,7 7 2 10,974 --6,553 “ es All ot.K, r j. e-scu --- 0 6,732 TOTaL Iu'.oCuR^S L I A. B Cap ilal # m pal d eriima ii 0 3 to Das All l i t E i : S in deposits m.GT b s r ’s ~ Col lacti cn _Fed aral I rese: it eras 10 3 e r've n o t e s 0 t h e r i\ R, bai o t h s -jr l l a -bilit ies to account Nn ■ Not- TOTAL LIABILITIES ?? ZKU 1,865 ’ 1,152 1,969 1,491 2 3 .255 1 9 .3 47 4,4b8 2,085 13>5° * 9^33S 10^169 84,410 54.3 0 0 38,286 1 , 3 9 33-- _ _ 8_ ^ ______407______ 21b______ 120 17 63 To+al ?v 7qs 2 0 /^ 2 0 ^ 1 5 2 2 ?£36 12,439 ,30 5,844 8 9 1*63 57,605 _ _ i2 '« m u„it4 s . ‘ n ^.onus „ ° r and united i Sia„<.s 85 13,593 56,258 -25'-.-,SoO— 2 i ^ 8 — 41,570— _ - 7 _ _ 5 2,985 - --- ------ Tr n ~ Iu 35 043 17 9,603 267235~~l4.078 15.2Q3 15 qT<T ~ p ' £pU. kk. p ? o , S --- M l---t~T .. ? o F m 2,895 7,575 --QS? ~5 % !> q (a ^ 132 7 6 31,^39 1.138_______ 797 127,712 320 6 6,236 1 p? 13,127 4,962 497117 l o '% 4 17^ 4o ,l4l 68,36539.o"5q~~5q. 191 38,Cb0 14;050 -204,842 1 if, R 7R7 1 . 0 2 3 ^ 89 5, 059 11, 833 5,253 6,2 4 0 3,431 2,418 7,002 2,945 2,431 3,089 2,/23 3,935 56,409 18, 211 ) i> r 917 r 6,504 3,357 7 ,5 4 6 10,988 8 ,0 1 4 1,795 3,s 4g 10,726 8 926 11 856 99 689 262 , 363 43,530 61,236 25,652 18,574 49 , 115 262,363 49,115 97,116 25,793 27,843 46 926 22^,527 39^2 719785 10, 128 29, 524 22,753 13,517 10' x28 29^ 7,860 4,520 15,580 7,499 ■2,606 3 179 5 4 " • - 2' 786 - 9,811 1,786 - 1,557 1,1 8 2 - 1,1 0 4 - 18,226 4l, 812 ■: ~- - - 552 149 ~_ 600 - 126 73 ...„7, — -r—— ----------— --- — =..r______ -.- -116 448 -21l 2 3 L - J & £ 25 . 80 , 961 84,410 54,300 38.286 127>712 40,l4l 38.060 68^365 39~059 B9.191 l .o a T ^flo' — M E M O R A N D U M . F. R. notes issued to the banks 21,383 193,594 30,433 21,919 16,522 19,836 40,303 15,482 22,563 24 992 20 563 18 Q^4 446 ^4li F. p. notes heldby banks ---2 J I 2 _ 1 0 ^ Z4 1,364 1,397 776 ^78S 4^063 490 82^ liE f 1?4 F. R. noxos in circulation 18,611 182,620 29,069 20,522 15,746 19,051 36 , 242~lITJ9 9 2 ^ 2 T ^ “ 2 3 ^ ^ ~ ^ ^ Q ~ r r ^ T l i ^ £ “ Gold and lawful money with^ Agen ^ . „ _ 21 ,383 191 t5 3 4 _ 2 6 ^ 1 _ 2 ^ _ ^ ta 35.-..A1^65... .40,303 13,435 2 0 ^ 5 3 2 ^ 0 4 6 1 2 ^ 3 5 18^954 4t H o l t (a) Differ^n^e beuwetsn net amounts due from and net amounts due to other Federal reserve banks. ~ Released for publication Sunday morning April 29, 1917*- Not earlier. X-ll4. c. STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS APRIL 21, 1917(In thousands of dollars) Boston Federal Reserve Notes: Received from Comptroller N. Y. Phila. Clevel. Sichm. Atlanta Chicago St.Louis Minnls.Kas.Cy. Dallas S.Fran. Total. $39,680 333,280 43,440 32,£00 29,500 36,380 51,080 24,940 34,000 40,720 36,920 22,060 724,200 9,547 71,786 8,167 5,341 9,778 5,589 2,077 4,518 4,987 4,958 7,871 3,106 137,725 30,133 261,494 35,273 26,859 19,722 30,791 49,003 20,422 29,013 35,762 29,049 18,954 586,4/5 8,750 67,900 4,840 4,940 3,200 10,955 8,700 4,940 6,450 10,770 8,486 +* *** 139,931 Issued to F, R. bank less amount returned to F. R* Agent for redemption 21,383 193,594 30,433 21,919 16,522 19,836 40,303 15,482 22,563 24,992 20,563 18,954 446,544 Amount held by F* R* Agent in reduction of liability on outstanding notest On hand. Gold coin and certificates 20,260 183,881 3,730 10,313 •• ••0 2,897 *4 •• • 6,465 13,918 2,370 10,110 ** *«* 253,944 1,123 9,713 1,483 1,106 435 1,338 653 700 915 l ,4 l 6 1,205 844 20,931 ♦r 21,070 10,500 5,500 13,030 39,650 6,279 5*720 20,3 260 7/920 18,110 148,030 %♦ **% 2,047 2,010 946 1,328 «» «** 23,639 18,954 446,544 turned to Comptrcller ^Chargeable to F. R« Agent In hands of F* R- Agent ^ ^ e d i t balances* In gold redemption fund With Federal Reserve Board As security for outstanding notes: Commercial paper Total Amount of commercial paper delivered to ‘Federal Reserve A ^ n t ♦* «• • 14 ■»% *•• -% 21,383 • ft* 4,150 • * tf %• 10,587 2,571 193,594 30,433 21,919 16, 52? 19,836 40,303 15,482 22,563 24,992 20,563 ^>186 . •» 11,285 2*575 •• * * * 2 #G53 2*010 1>11^ 2/758 ** 25,981
@FedFRASER