The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS
S t . 52S
Released for publication Sunday
morning,August 10, 1913; not earlier.
Federal Reserve Board,
' August 9 , 1919.
CONDITION OF FEDERAL RESERVE BANKS.
Reduction of about l4 millions in the holdings of war paper and other dis
counted bills as against an increase of IS *3 millions in other earning assets is
indicated in the Federal Reserve Board's weekly bank statement issued as at close
of business on August S, 1919*
^he statement introduces a new item ’’Gold in
transit or in custody in foreign countries", amounting to 85*3 millions, which
represents the amount of gold held for account of the Federal Reserve Bank of
New York by the Bank of Netherlands and the National bank of Belgiuip.
This
gold was acquired from the United States Grain Corporation, which in turn receiv
ed it in part payment for food supplied to the German Government.
to be deposited within the near future
with the Bank of England.
This gold is
After it has
been assayed and its exact value determined, allocation of the amount among the
saveral Reserve banks will be made and the items will be shown among the banks’
gold reserves under caption "Gold with foreign agencies".
War paper on hand declined 4.1 millions, other discounts - 9*8 millions, while
holdings of acceptances went up 6*5 millions and those of Treasury certificates largely to secure Federal Reserve bank note circulation - 11*7 millions.
holdings of the Chicago, St. Louis and Minneapolis banks include
0^*2
War paper
millions dis
counted for other Federal Reserve banks, as against 99*3 millions shown the week
before, while acceptances held ty the Cleveland and San Francisco banks are in
clusive of 44,4 millions (as against 4 7 «3 millions) of acceptances purchased from
other Federal Reserve Banks.
Government deposits show an increase of 4o«3 millions and members’ reserve de
posits - an increase of l4«3 millions, partly as the result of the above described
transaction with the Grain Corporation.
Net deposits increased 54,6 millions, while
Federal Reserve note circulation went up 23*2 millions.
Gold reserves fell off
3.7
millions, larger withdrawals for export being partly offset through gold deposits
by the Treasury.
Cash reserves decreased 4 .2 millions.
shows a decline from
50*5
to 49*4 per cant.'
The banks1 reserve ratio
Released for publication Sunday morning August 10, 1919; not earlier.
St. 52Sa
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF TIIE TWELVE FEDERAL RESERVE BAi S3 AT CLOSE OF BUSINESS AUGUST 3,. 1919RE S O U R C E S
August
August 1, 1919 August 9, 191 s .
1919
Gold coin and certificates .
'2&,7Ut poo
$ ^ 6 3 , 275,000
$ 3 95 ,^10,000
Gold Settlement fund - F.R,Board
618 M ,000
641 ,396 ,000''
^ 6 ,354,000
Gold with foreign agencies
____ 9 ,696,000
Total gold held ty banks
e s ijs i.O O Q
90 5 , 171-,coo
1 .oifTJSo ,000
Gfld with Federal Reserve Igents
l,0fcU ,0-4-7 >000
1 ,0 7 1 ,397,000
94^ , 692,000
Gold redemption fund
1 1 9 ,3 %8 ,000
111 997,000
33.149.000
Total gold reserves
$2 ,og4 , 756,000
$2,083,475,000
1 .990.301.000
Legal tender notes, silver, etc*
6 7 ,362,000
67,352,000
S4,2?2_,0q0
Total reserves
2 ,15^ , 113,000
2
,156
J 27 ,000
2
,041+
, 523 ,000
1 , 612 , 639, oeo
l , 6o s , 5 S3 .ooo
761.576.000
Bills discounted f e ® 0*®4' * Gov' t war obligations-:
235 .300 . 00c.
22 5,535,000
(All other.
570.S97.CCO374.7^1,000
Sills bought in open market
_ ^31.241,000
208.557.000
Total" bills on hand-.
2.215.359.000
2 , 222 , 730,000
1 . 541 .030.000
U .S . Government bends
27 ,095,000
27.094.000
34 . 931.000
U .S . Victory notes
280,000
230,000
U .S . Certificates of indebtedness
* 1 7 ,404,000
229,724,000
217.932.000
All other earning assets
102,000
Total earning assets
2 ,^72 ,45g ,000
~2>63
,036
,000
l
,593,46"776oo
Bank premises
1 1 ,205,000
11.001.000
Uncollected items and other deductions from gross deposits
70s , 043,000
739.617.000
534 , 753,000
5% Redemption fund against F.R. bank notes
10 .203.000
1
0
.735.000
735,000
Gold in Transit or in Custody in Foreign Countries
25 .253.000
All other resources
9 [316,000
9 .3 q6.QOO
1 1 ,4io ,000
TOTAL RESOURCES
5 .450 .301.000
5,395,952,000
4
^
23
^ , 393,000
L I A B I L I T I E S
Capital paid-in
3 3 .207.000
53.532.000
76 , 376,000
Surplus
21.037.000
31.037.000
1 ,134,000
Government deposits
102 , 636,000
02,357,000
,973.000
179
Due to members - reserve account
1 ,7 5 b ,307 ,000
1 ,7 4 2 ,473,000
1
,420
,705,000
Deferred availability items
555
,000
531 .232.000
,3^ 7,000
^33
Other deposits, including foreign government credits
10*7,882,000
113.731.000
__ 127 ,050^000
Total gross deposits
~
2 . 523 .260.000
2 . 505 . 792.000
2 ,ibl "030,000
F»R. notes in actual circulation
2 .532 .057.000
2
. 506 .320.000
1,955 , 276,000
F.R. bank notes in circulation - net liability
205 ,315,000
200
,945,000
13 , 716,000
All other liabilities
19,172,000
26
,311,000
17,770
.000
TOTAL LIABILITIES
57^507301 ,000
5 .3 9 5 .952.000
57234: ,393,000
Rauio of total reserves to net deposit and F-R.ncte
49 .4- 56 * Includes one year
liabilities combinea
50.5 i
57-9 %
Treasprtr notes *
Ratio of gold reserves t^ F*R. notes in circulation
59.2 P
after setting aside 35/3 against net deposit liabilities
6 1 ,4 f0
76.3
,
Released for publication Sunday morning, August 1 0 , 1919 ; not earlier*
_TTmT„m WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS AUGUST 8 , 19 1 9 *
c.* cos *,
bt. 5
R E S O U R C E S
0 oId
coin and certificates-----
Gold settlement fund - F.R.BoaraTotal gold held by b an k s ----Gold with Federal Reserve AgentsGold redemption f u n d -------Total gold reserves-------Legal tender notes, silver, etc.-
Totai reserves-------------
Boston
M^S
5 4 ,7^4
59, 602
56,448
20.84q
136,890
8. /24
1S5,6 l4
(in thousands of dollars.)
New York Riila. Clevel. Richm. Atlanta Chicago St. Louis Minn. Kans.Qy. Dallas San Fran.
iotai
1 5 8 ,5 3 9
558
3 l ,211
2,308
7,828 23 , S &
2,760
8,359
129 9,508
13,093
| 6 2 ,g 5
177.225 42,500
38 , 8^8__ 30 , 060__ 1L.641 121,9.5.1— 2^.115.-- 28x223-43.,978 5»-7 --.
335,764 43,058
70,069 32,368 1 9 , ^ 3 ^ 5 , 5 5 5 26,935
37,282 44, 107 1 5 ,21o .51, >5^
8«1.,381
285.. 578 7^, 5^8 116,876 2 ^ 6 4 6 45,447 248,572 51,360
35 , 6l4 35,102 16,885
^ 0 , 9 ^ 1,084,047
24,588 8,517_____?L 20j _ 6j l 0 ___ 4 ,844 SgJ+^l___ 6*474---p n S ’ M "
64.5,930 126,123 189,150 6 ^ 7 2 ^ 69, 760426 , 5 6 2 ^ + 776 9
7 6 ,2 3 1 8 4 ,8 7 2 34,240
2,084,7^6
4 7 ,589______234
1,005______51Q___ lj..2l 6 -- Sj4--4 t53.6----—-§^±--- 21^— 2^0, 2—
—— T^-26 9 3 ,5 1 9 1 2 6,3 57 1 9 0 ,1 5 5 6 6 ,2 3 4 71,036 4 2 7 ,4 4 2 8 9 ,3 0 5
76,315 85,086 36,289 144,766.2,152,118
OJ
Bills discounted:
Secured by Government wax
s
^
\^
obligations (a)--------- 128,136
64i , 566 ISO,934 100 ,989 7 7 ,44 s 79,530 186,386 59,490
29,031 >+1,725.3^,08 b 49,260 1,60?,583
All other --------------8,276
53-625 14,715 10,710 12,353 il,64s 26,477 10,271
3,317 38,565 20,445
15,133
225,935
Bills bought in open market (b)26.862106.980
623 57,0^7
7.978....... 6,01 1 ^ 2 ___ 9J 6l 2 _ _ 2& J U ---- 2 _ _ 5 3 2 —
Total bills on h a n d ------- 1 63
274
802,171 196,272
196,272 168,746
1 6 S J 4 6 97,779
97,779 97,213
97,213 265,315
265,315 79,373
79,373
58,525 80 , 292 5^,865 151,534 2,21^,359
163,274
802,171
1,234
539
1,257
1,385
1,093
1,234
376
4,476
1,153
H 6 8,867 3,966
2,633
27,095
U .S . Government bonds------376
4,476
1 ,153
1,257
1,385
1,093
539
- 50- 50
1 1
6. - 18
6
205
~
"'
18
U. S. Victory n o t e s --------17,068
10.979
29.612
U* S, Certificates of indebtedness 21,
21,536
63,191 25%862
2,^95
25.862 20»^7[5
20,475
536
8,495 10,979 29^6.12__ I I , 068-- 7 >02J...l_2jM 9 — P|.3QQ-- ~—> 99Total earning a s s e t s ------- 185,367
185,367
866,669 223,520
223,520 190,314
190,314 107,508
107,508 108,574
102,574 299,403
299,403 97,594
97,59^
65,873 10 l 64s 65,131 160,857 £ , 472 , 45 s
866,669
691
2,936
691
Bank premises-----—-------800
3 ,9 9 I+
500
875
437
463
2,936
401
308
400
11,805
500
437
800
463
3,994
875
Uncol
x
^
^
Jnc lected items and other ded^tiSns froa. gross deposits—
62,102
159,3^5
60, 712 54, 64o 58,726 29,498 88,329 51,784
13,862 65 , 56130,080 33,404
708,0*0
c
159,345 60,712
5$ Redemption fund against
R»
374
729
46o
450
10,803
65 s
448
528
1,072
1,799
877
1,273
2,135
bank notes
Gold in transit or in custody in
^ pc-e
—
8 5 , 25s
Foreign Countries--------85,258
~
~
~cnr
&rs-t
o aiC
510
1.472
All other resources--------329
2,114
1,067
989
987
334
1,472
510________
93______ 5i5-- 522--- M l --- 2^81b
TOTAL RESOURCES_______________
(a)
Includes bills discounted
for other i\R* Banks, viz-
(b)
Includes bankers* acceptances
bought fran other F.R. banks:
With their endorsement-Without their endcrseraent-
395,284 1 , 813,034 413,429 437,850 234,340 210,433 821,381 24o,5>+2 156,517 253,940 132,867 340 ,684 5 , 450,301
Ug, 150
10,012
20,000
■«5,150
17T000
34,3*
44,400
R3 leased ■for ni?bl.tcation Sunday morning August 10. 1919; not earlier.
WEEELX S ^ L I E m r OF RESOURCES A1ID LIABILITIES OF THE FEDERAL RESERVE BAMS AT CLOSE OF BUSINESS AUGUST 8, 19X9.
(In thousands of dollars-)
St.528c
L I A B I L I T I E S
Boston
6,935
3,207
Crpitai paid- in-----------SiSoiu* -____________________________
Government deposits____________ —
6,967
Due to m eters - Reserve account 108,46b
referred availability item s--4$,4o?
0tG O T e S e J f c k S t i a~-------™
Total gross deposits----- -
6,063
170,909
F* R. notes in actual circulation 189,597
F.Embank notes in circulation net l i a b i l i t y ---- -------21.151
All other l ia b i l i t ie s ------1.,4q
TOTAL L IA B IL IT IE S _____________
395,284
New York Phila21,535 7,653
Richm. Atlanta Chicago St.Louis Minn- Kans-Qp. Dallas San Fran* Tcfctal
4,224
3,315 11,828
3,945 3,023
3,206
3,297
4,982
.83,807
32,922 5,311
5;S6o
3,200
2,805
9,710
2,5S9 2,320
3,957
2,029
4,5 77
21,087
54,66o 6,333
5,512
136 3 ,313
£,445
5,124
492
7,661
1,231
2,201
108,686
732,343 103,028 123,633 54,635 47,22] 2^ , 63;>
62,752-51,241 82,9^5 46,929
52,237 3,736,807
130,986 53 , 420 47,53 7 53,268 23,13 2 64,728
32,922 11,139 *+3,713 20,122
19,045
555,485
48 ,694
966,683
Clevel.
3,260
7 , 5 0 7 . 6 . 9 3,5.. _4 .0 ? 8 ___ 1 1 M L ____________ ^ J > 3 2 . 3 g L
76,223 335,301 111,007 & 7 Z G T
170 ,288 183*629 112 S117
745,723 204,697 220,064
39,405
6~ 1 %
1 , 813,034
24, l4g
1,331
17,744
11.2.93
413,429, 437,850
105,297 116,613 431,735
.
7,430
872
10,156
717
234,340 210,433
10b,004 77,972
30,662
16 , 29s
2 . 1 % _____Zjgg9 '
821,321 240,542
^.295
132,634
2,210
71,152
^ 9 1 6 1 ^ 2 2
1267449 ^ 5 2 2 ,8 6 0
91,646
46,929
195,120 2,532,057
6, 72^
x4,774
6,683_____s,0o3___ 2 0 ^ 1 2
jj l --h J^> --- U J ---1,^13 , 15;„ 1.72
156,517 253, 94032,267
3 4 0 ,6S4
5 , 50,3 0 1
M E M O R A N D A
Contingent liability as endorser on Disco-anted paper rediscounted
with other Federal Reserve
n ^ n V c
oanxs
_
_
.
---------------------------------------------------------------------------- -----------------------------
55 000 '
*
1
-
-
-
-
-
5,400
-
25,150
J
Bankers1 acceptances sold to
other E.-R* banks---- -—
FEDERAL RESERVE’ NOTES OUTSTANDING- AND IN ACTUAL CIRCULATION _
F . B , notes outstanding-----F.H. notes held
b a n k ------
196,735
r 'lationS-----~~~-----~____
189,537
7,138
sso,273 217,355 232, 7>3 310, f e 121,0S5 ^5_.2«1; 12?,2.65
* 2 . S5o 1&. t>!$
K !*r
J M l ? 2^.552 lO, 2-1
» ,3 « 9
2,jah
98,>»9
7 1<5,?23
77,972
9l , 6U6 '46,329 195,150 2, 532,057
7^,550
201.!,697
220 ,0 9 :
105,897 116,613
>>31,755 JaS,co!>
5 0 , W 219,^75
S, ?63
3,725
725,263
_g ? , f 6
DISTRIBUTION OF BILLS AND U. S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES.
......
_
Bills discounted----------Bills bought in open market--U .S . certificates of indebtedness
Wif ‘^ i 1is|ays
93*019
23,628
c-Vr,nn
16 *53$ 3 ^ 5
^
5,000
I1
-:<*A
oo’ h.ah.
22,713
61
)ih rin
0vf3r, ^ 5 days
l,^ffiLS
pin
gqo229*7 24
135,893 229,(2**
Released for'publication Sunday morning August 10, 1919; not earlier.
St. 528d
STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS AUGUST
(in thousands of dollars)
Boston" New York
Fhila. Clevel.
FEDERAL RESERVE NOTES:
Received from Controller
Richm. Atlanta Chicago St .Louis Minn. Kans.Cy. Dallas San Fran.
"
-
Returned to Comptroller - - - -
8 , 1919 •
354,400 1,680,980 426,780 3f5,l60 232,680 243,000
95,621
Total
,
665,160 218,920 134,320 170,920 104,760 306,000 4,912,140
61,635 182,973
78,655 39.560
60,221
132,965
727,107 178,445 115,557
Chargeable to F. R. Agent -
221,435
953,873 248,335 258,603 138,059 181,366 482,187 140 , 275 . 94,820 110,699
In hands of F- R. Agent- - - -
24,700
37,126
78,825
1 , 787,679
67,635 227,175 3 , 124,461
7,700
,010
l4,46o
12,290
16,980
Issued to F. R. hank less amount
returned to F. R. Agent for re
demption --------- - - 196,735
820,273 217,355 2 3 2 J 4 3 110,642 121,085 555,267 122,265
80,360
93,409
50,654 219,475 2 , 725,263
COLLATERAL SECURITY FOR
OUTSTANDING NOTES,*
Gold coin and certificates on
hand -- -- -- _ _ _ _ _ _
183,750
133,600
30,930
25,860
27,417
2,500
15,125
Gold redemption fund - - - - -
il,44s
11,833
12,659
12,751
1,646
Gold settlemejit fund, 3P. R. Board
^ 5,000
90 5000 61,889
90,000
Eligible paper ,minimum required - j 4Q ,287 _.5 7Al,695_ 3.42.807
315,867
AMOUNT OF ELIGIBLE PAPER DE
LIVERED TO F« R. AGENT---
60,281
26,920
18
13,052
-
399 , 19s
223,248
9,231
8,108
2,430
1,762
2,742
2,870
13,563
s4j64
25,000
40,000 240,564
4s ,930
20 ,800
32,360
5 ,*s 4
77,4os
776,035
8 3 ,996
75 ,,638 206,695
70,905
^4,746
9
63,307
33,769 128,504 I ?64l,2l6
196,735
820,273 217,355 232,743 110,642 121,085 455,267 122,265
80,360
9s ,409
50,654 219,575 2 , 725,263
163,275
802,171 159,395 167,397
55,057
80,292
55,865 142,892 2 , 150,291
95,219
2,947
90,928 265,259
75,553
s t . 525
STATEMENT FOR THE PRESS.
Released for publication Monday
morning , August 11,-1919: not earlier.
Federal Reserve Board,
August 3 , 1519 .
OOHDITION OF MEMBER BANKS._
Increases of
about
96
237
millions in the holdings of Treasury certificates and of
millions in loans and investments, other than government securities and
war paper, are indicated in the Federal Reserve Board's weekly statement of con
dition on August 1 of
76s
member banks in leading cities.
The considerable in
crease in certificate holdings follows the allotment by the Treasury of 323 nail.'
lions of tax certificates,
These increases are accompanied by corresponding gains
in government and other demand deposits.
the total increase of
237
millions in Treasury certificates on ^aridi shown
for all reporting banks?17 S »2 millions are reported by members in tire
Reserve bank cities and IX^ millions by member banks in Ne^/ York
y
P
preciable change is shown in the holdings of United States bonds; Victory notes cn
hand declined 1:7 .3 millions and war paper - lU-3 Billions.
All other loans and
investments went up at all classes of tanks, the New York and Chicago banks re
porting an aggregate increase under this head of 70.5 millions cut of a total
of
95*2
millions*
Aggregate holdings of United States wax securities and war paper increased
from 3,250.7 to 3,'*56-7 millions and constitute 23-5 Per cent of the t0'
and investments of all reporting hanks, as against 32.6 per cent the week before.
For the Hew York hanks this ratio shows an increase for the week from 26.2 to
27*5 Per Cen^ *
Government deposits show an increase of 111.9 millions, largely in Hew York
City, other demand deposits (net) increased 201 .5 millions (115-6
York City) and time deposits went up 9-2 I l l K a . .
i* Hew
Beserve balances with the
Federal Reserve banks were 30-3 millions l^ger than the week before, while cash
in vault fell off 19*3 millions.
ansunts of
c o l l a t e r a l '
The ban**- borrowings, as measured oy the ,
customers' paper discounted by them with ^ F e d e r a l
Reserve banks, show a decline for the week of to. 6 millions.
Released for publication Monday morning August 11,
1919;
not earlier.
st.529a
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BMKS IN LEADING CITIES.
I.
Comparative data for all reporting banks._____________ (in thousands of
Aug. 1, 1919
July 25, 1919
May
2,
1919
Jan. 31, 1919
J6S
769
U. S. bonds to secure circularion
269, sUU
269,622
269,287
263,047
Other U. S. bonds, including Liberty bonds
636,965
636,510
669,736
769,727
U. S. Victory notes - - - - - - - - - - - - - - - - - - - - - -
336,513
353,751
-
-
.1,133,673
896,685
2,328,124
1,514,776
2,376,995
2 , 156,568
3,267,147
2,547,550
1 , 31+9,541
1,363,764
1,085,333
1 ,123,245
10,955,5^0
10,859,651
10, 326,851
10, 100,720
----------
1,348,534
1,31S, 281
1,273,146
1,307,454
-- — - - - - - - - - - - - - - - - - - - - - -
3 3 6 ,59S
355,910
347,320
353,950
.10,744,639
10,543,056
10 , 322,632
9,952,408
1,799,037
1 , 7S9,774
1,720,352
1 , 611,721
_ _ _ _
517,149
4o5,l6l
727,905
693,681
Bills payable with Federal Reserve bank - - - - - - - - - - - -
1 , 063,883
1,100,684
1,244,113
838,230
336,295
340,096
243,671
.352,525
23-5
22.6
27 *s
Number of reporting banks - -- -- -- -- -- -- -- -- --
U. S. Certificates of indebtedness
Total U. S. securities - - - - - - - - - - - - - - - - - Loans secured by U. S. bonds, etc.
All other loans and investments - - - - - - - - - - - - - - - Reserve balances with Federal Reserve bank
Cash in vault
Net demand deposits
Time deposits
- -- -- -- -- - — - -- -- -- -- -- --
Government deposits - - -- - - - - - - - - - - - -
Bills rediscounted with Federal Reserve bank
—
---------
Ratio of U, S. war securities and war paper to total loans and
investments, per cent - - - - - - - - - - - - - - - - - - -
772
771
2 5.1
S t. 529b
Released for publication Monday morning, August 11, 1919; not earlier.
STATEMENT SHOWING PRINCIPAL RESOURCE . AED LIABILITY ITEMS OF. MEMBER BANKS IN LEADING CITIES.
(in thousands of dollars.)
. ____ ___
2 , Data for all reporting banks in each district,, as at close of business August 1, 1919-___________
1-as San^ran.
Kan^g Cy.
Richm. Atlanta Chicago St. puis Minn.
Bos ton New York Phila. Clevel.
35
Tof ii
82
J
*
4o
109
56
88
No. reporting banks
269,844
7,120 14,217 18,727 34,605
49,360 11,597 H i, 25s 25,845 14,715
20,136 17,156
U.S.bonds to secure circulation l4.
Other U.S.bonds including
636,965
22,275 18,567 3 M 9 7
53,820 16,562 10,085
38,689 27,665
Liberty bonds
17,569 300,085 3^,975 62,576
10,
282
H,707
7,146
10,617
336,513
l
4
,
854
l
4
,
826
51,831
12,751
136,696
16,849
44,506
l l , 44s
U. S. Victory notes
30,832 3 1,300 50,659 1 , 133,673
.m .7.18 . JJ>j26_ 26,986
66.195 60.093
435.233 53,039___ 88,138
U.S.certificates of indebtedness 57 , 13^
51
J
37
11,C
M -573,30-: 1297543“ 2,3767995
80,095
37^ 116,460 237,138 145,585X117,299^ 325,505
__.f
Total U.S. securities
101,319
6 ,8 4i ' 20,058 1 ,3^9,5^1
12,730
17,637
^ ..............
7^,6 39 169,295 109,256 42,436 3 0 ^ 7 5 / 100,423 25,153
Loans secured by U .S . bonds,
etc. 70,59.8
69,497 10,955,5^0
All Other loans and investments 832,384 4,318,299 633,359 V>25, 839 3 9 9 ,6 0 3 /3 1 9 ,9 ^ 1 ,5 1 9 ,8 5 5 4o6,444 254,393 ^ 91,079 184,844, >
54,840 1,348,584
20
,
52
^
90,752
34
,855
30,93b
173
,5^4
Hl,304
20,784
42,071
76,896 694,692 67,38^
Reserve balances with F.R.barik
336,598
17,535
10,293
32,058
15,969
-12,57H
62
,13^
8,592
9,430
14,862
Cash in vault
21,731 n ^ ,7 9 5 16,625
10,7^4,639
185,688
466,998
817,122
327,859
262,520
1,326,273
316,111
242,604
428,685
758,118 4 , 963,709 64s , 952
New demand deposits
89,968 112, 772 HHl,274 98,702 57,685 76,751 30,^79 l 4 l ,527 1,799,037
112,250 323,352 21,4s4 292,793
Time deposits
517,1^9
8,159
33,483
17,366 19,408
50,555
23,779 13,309 17,606 lH, 59H
Government deposits
35,183
248,952 34,755
29,631
12,076
1
,
063,883
85,987
88,047^ 50,251
75,898
28,171 4,710 37,235
Bills payable with F. R* bank
28,532
468,497 154,848
336,295
6,7^9
15,429
14,424/ 6,781
6,027
12,149
470 21,639 2,150
Bills rediscounted with F-R.bank 71,171
154,921 24,385
3-
Comparative data for banks in Federal Reserve bank and branch cities and all other reporting banks .___________________ ____
New York
Chicago
All F.R.barik cities
F»R.branch cities
Aug. 1-- -July 25
71
71
Number of reporting banks
39,663
39,163
U. S. bonds to secure circulation
267,610
Other U.S.bonds including Liberty bonds
270,676
124 ,790
U .S. Victory notes
118,573
405 ,212
U. S. certificates of indebtedness
290,159
Total U. S. securities
834,124
721,722
Loans secured by U. S. bonds, etc697,421
703,757
All other loans and investments
3 , 900,276 3,857,820
Reserve balances with F. R. bank
662, 79H o i l ,784
Cash in vault
110,245
103,476
Net demand deposits
4, 563, 9^7 4,448,311
259,643
Time deposits
256, 57^
Government deposits
23s, 777
135,009
Bills payable with F, R- bank
418 ,507
43s , 719
138,684
Bills rediscounted with F. R» bank
l4l, 166
Ratio of U-S.war securities and war paper
Vtofor FRASER
total loans and investments,per cent
26.2
Digitized
27-5
lug. 1-- .Ju !y ^5
44
1,371
20,814
24,729
108,231
155,145
73,753
1,370
23.U29
24,934
99,377
149,110
72,666
920,187
892, 202
120,850
121,187
27,182
30,880
4,285
37,519
864,434
166,424
30,894
49,078
H,667
19.8
19,8
35,454
8 85 , 53H
166,845
Aug. 1— — July 25
Ju ly jg
Aug'lS4
259
259
104,574
57,33*+
57,^35
104,073
109,261
109,290
377,676
377,819
81,565
76,^07
203,437
194,839
24i . 826 208,978
728,150
550,039
4s4 , 958
457,138
1,^05,382 1,235,225
1,100,670
1,089,861
132,909
135,7 39
7,25H,Usj 1,182,915 1,718,824 1,703,850
169, 07 s
l 60, 26g
1 , 022,103
981,159
57,080
195,800
60,579
205,833
7 , 633,113 7 , 454,762 1,408,155 1,394,614
530,846
742,086
530,535
743,074
64,499
279,788
67,399
392,423
184,743
178,827
740,245
783,957
3 0 ,0 4 4
30,126
260,529
2 59, 3lH
24.5
23.4
24.0
23*3
All o^he^rsporting
July3t£
107,835
149,856
65,267
163,697
108,215
1^9,573
68,7^9
137,668
45,520
464,205
127,355
1,972,886
168, o44
89, 49s
1 , 693,680
517,153
57,97*+
137,900
50,738
19-5
18.8
486,655
126,771
1,982,295
166,213
83,718
1 ,703,371
520,117
60,227
138,895
C O N F I D E N T I A L
Not for publication
RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LI VBILITlpe
RATIO OF GOLD RESERVES TO F« R. NOTES IN ACTUAL CIRCULATION*"
St .533
AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF
ALL FEDERAL RESERVE BANKS.
....
’
ugust 8, I 9 I 9 .
Ratio of total reserves to
net deposit and F.R, note
liabilities combined
______ Aug. 1-- Aug. 8______
Ratio of gold reserves to F.R. notes in
Ratio of gold and
actual circulation after setting aside
lawful money reserves
35% against net deposit liabilities
to net deposits
________
Aug. I-- Aug, 8
________
Aug. 1—— Aue. 8
Ratio of gold reserves
Ijb F. R. notes in
actiaal circulation
A U K * 1--- Aug. 8
Boston
45.7
5s .8
52.3
56*7
55.6
62.8
50.0
50.8
New York
U9 .I
55.7
63-7
55.1
56.2
57.5-
5l .8
5l*6
Philadelphia
Uo»7
5o»2
53 . 6
53,0
50.5
39*5
5o-8
5o .6
Cleveland
55.3
55.5
66.1
65.9
55*5
55*1
5 3 ‘6
55.1
Hi clanond
1*1.5
51.6
51+.S
55.9
55.5
61.6
35*0
3l«5
Atlanta
U3.1
53*3
56.1
U6.7
52.5
5 3 .8
53.3
53*1
Chicago
61.9
63.0
78.0
79-0
56.6
59-3
65.0
65-1
St. Louis
51*8
55.0
61.7
65.6
56.2
53.1
55-1
55.6
Minneapolis
60.9
58-7
76.5
75.5
90.3
71 . s
53-1
50*0
Kansas City
^9-9
51-7
60.2
65.9
57.7
60.7
55.6
1+U.5
Dallas
41.9
51.2
5 7.7
56-7
UU.2
52.0
39*8
5o .5
San Francisco
58,1
.50*2
-53..-I.
jl= 5 _
55-2_
56.1
55.0
5 7.5
50.5
59 .4
61.5
59-S
55*1
52*1
57.2
57.5
TOTAL
FEDERAL RESERVE BOARD
DIVISION OF .REPORTS AND STATISTICS
AUGUST 13, 1919
C O N F I D E N T I A L
Rat for publication
,'r t
R E C E I P T S
In exchange for F.R. notes:
Prom U. S, Government
From member banks
Other banks, individuals, etc.
GOLD RECEIPTS AND DISBURSEMENTS OF FEDERAL RESERVE BANKS DURING THE
EOUR WEEKLY PERIODS ENDING ON FRIDAYS, JULY 3 to 25, 1919*
(In thousands of dollars; i .e ., OOO omitted.)
' • JULY
'
3....
Total
All other N, S,
TOTAL RECEIPTS
JULY- 1
11
’
'TOTAL SINCE
'
JULY
' TOTAL
1 ....25.......» JUNE 28 TO JULY 2 5 'DEC.27.1918
JULY
18
228
959
324
15S
4,641
1.57S
851
53,^70
11,066
6 .i s i
1,535
2,115
l,44 i
7,070
70,717
20,000
2f096
22,096
4 2 ,o i 4
2*233
12,150
199,864
93,^13
(a) 13,670
10,000
5.565
15,565
2,833
54,164
293,277
912
403
2,540
7,933
11,790
"81,294
I 6 / 56I
17,505
26,751
12,207
73,024
445,288
6,051
243
' , 64
6,395
6 , 32s
172
23,833 {
. 12
5,059
ISO
1
6 ,3 52
6,75S
6,512
5,24o
24,868
177,073
5?
23,993
15,764
8
5,111
2,091
50,31^
26,005
15,317
5,121
18
- 5JM
5,462
52,405
16,360
132,132
153,^92
2,716
12,172
15,049
18,447
4s, 384
109,846
35,079
34,747
26,682
29,149
125,657
4 4 o ,4 ii
'
Total
Credit to deposit accounts:
U. S , Government
Member banks
'
•
St.53S
(a)
(a)
l ,% 7
330
182
S27
425
1,388
283
1,979
12,014
1,656
499
D I S B U R S E M E N T S
In exchange for F* R» notes;
To U. S. Government
To members
Other banks, individuals, etc.
Total
Debits to deposit accounts!
U. S. Government
Member banks a.
Total
All other, N« S.
TOTAL DISBURSEMENTS
Excess receipts
Excess payments
FEDERAL
2,012
344
',1 9 . *
—
is, 51s
17,242
939 >
96 )
69
RESERVE BOARD* DIVISION OF REPORTS AND STATIS TICS, AUGUST 14, I 919 .
16,942
CaT
52,633
Attended
177,073
;4
4,877
C O N F I D E N T I A L
Not for publication
RATIO OF "FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS.
(In thousands of dollars.)
1
Federal
Reserve
Bank
I
'Uncollected 1 Deferred
'
items
1availability
'
'
items
t
1
S t .535
August 8, 1919
"FLOAT"
! "Float" after adding net debit 1 "Float 11 after deducting National and F* R.
' Ratio to ' or deducting net credit in
1
bank notes , also net investaent tin
’ immediately'
Saturday's settlement
1
transfers from second calculation
1
Amount ' availabiG-.lt
1 Ratio to immediately 1
Ratio to immediately
1 deposits ' .Amount 1 available deposits T /mount 1
available deposits
b2, 102
49,407
12,695
10.4
12, 7S1
10.5
12,339
10.2
156,845
130,986
25,859
3-1
34,553
4 .1
34,553
4.1
Philadelphia
60,712
53,420
7,292
6 *2
9,947
8 .5
9,947
8.5
Cleveland
54,6Uo
47,5 37
7,103
5 ,2 * .
09
5*3
6,661
4-9
Richmond
58, 726
53,268
5,458
9 '3
4 ,3 0 3
7*3
4,157
7-1
Atlanta
2 9 ,4 93
23,132
6,366
11.9
5,492
1 0 .2
5,318
9*9
Chicago
3 3 ,3 2 9
64 ,723
23,601
8.7
17,451
6 .4
16,209
6.0
St. Louis
51, 734
38 , 9S3
12,796
17.8
10,774
15.0
9,268
12.9
Minneapolis
13,862
11,139
2, 723
5*0
2,654
-4,8
2,479
4.5
Kansas Ci ty
65, 561
43,713
21,848
23 -0
20,516
21.6
10,487
11.0
Dallas
3 0 ,0 3 0
20,122
9,958
19*5
10,784
21.1
7,629
i 4 .g
San Francisco
33.>4_q 4 .._
13 .4 .......
13,594
1 2 .7
8 ,371
7.8
150, 05s
7*6
127,418
6.5
Boston
New York
TOTAL
705,543
,!9J?45_..
555,435
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST l4, 1919
14.359
150,058
7.6
C O N F I D E N T I A L
Not for publication
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS,
St*535a
(In thousands of dollars.)
Bank
Boston
1
1
UNCOLLECTED ITEMS
1
1
1Che cks •National Bank'
1
t
1
' and ' 1 notes and ’
1Clearing ' 0 ther ’tank notes of'Trai^fefers 1 All other 1
1 house * cash 1
other
T bought Tuncollected*
’Exchanges ' i tems 1 F» R. banks 1
*
items
1
*52,78k
76
UU2
5S,S00
i
I
Total
1
1
1
August 8, 1919
>
1
1
’
1
1
Gold
Settlement
Suspense
DEFERRED j1VAI LABILITY ITEMS
1
f
1
t
Transfers ‘Government Other
1 transit1'transit
sold
1 items 1 items
'
'
Total
1
62,102
16,6 51+
-
*
32,753
^9,^07
-
69,021
130,926
15,092
3,167
-
-
138,586
156, 8^5
61,965
-
Philadelphia
6,189
SO 7
-
-
53,716
60,712
20,631
-
Ill
32,012
53,^20
Cleveland
U,0^2
lk
323
50,036
5k,Gko
lU,U 99
-
s 57
32,181
^7,537
Richmond
1,766
267
lU6
-
56, 5kj
5S,
726
22,277
-
3 , 0^9
27,9^2
53,268
A.tlan ta
3 ,iUs
226
17^
-
25,950
29, 1+93
U,03S
-
1 , 7^3
17,351
23,132
Chicago
6,620
St» Louis
1,^76
Minneapolis
Kansas City
New York
225
312
1,200
so, 197
88,329
22,867
210
931
Ho, 660
Gkt728
165
691
1,315
54-8,137
5 1 , 7 SU
15,169
500
325
22, SSk
38,988
i,uuo
1
30
1^5
12,2kS
13,862
3,990
-
31 s
6,831
11,139
953
782
351
9, 67s
53,797
65,561
8,390
-
35,323
^3,713
Dallas
1 , 1U0
838
2*+8
2,909
2k, 9I+5
30, oso
6,809
2
1,085
12,226
20,122
San Francisco
2,23^
17
lk2
5,083
25,328
33,kok
5,320
2
150
13,573
19,0^5
1+7 , 4 sl+ 6,360
2,859
20,555
628, 2S5
705,5k3
202,609
11k
To tal
-
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 14, 1919
-
9,235 3 U2 ,867
555, 1+85
FEDERAL RESERVE BOARD
S E T T L E M E N T
FUN
(in thousands of dollars)
Aggregate
deposits &
T R A N S F E R S
transfers
from
Debit
Credit
Agent 's Fund
X-lb53
G 0 LD
Summary of transactions for week ending August 14, 1919^
Balance
Aggregate
Federal
last
Gold
Gold
withdrawals
Reserve
statement
with
de
& transfers
Bank of
August 7
drawals posits
to Agent Ts
.1919
Fund
Boston
:
52,515
New York
;
170,570
Philadelphia
;
4 2 ,739
: 3,136
5.000
Cleveland.
:
37,137
—
:
196
Richmond
;
32,163
4:
2,569
3,504
Atlanta
:
l6,06S
3:
2,010
4,003
Chicago
:
130,193
18,720
:
355
St. Louis
::
23,650
536:
1,900
7,536
Miimeap olis
;
31,752
s
59
Kansas City
:
43,060
15 s
51
15
Dallas
;
4,489
110 ;
6
110
San Francisco r
42,000
2,000:
7,000
Total
:5267391“ * 2~^boC
10.282:
45,333
Federal
Reserve
Agent at
Boston
New York
Fhilade lphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
m
a4
*caaJ1L
1Q
U
Balance
Withdrawals
last
Gold
Gold : for trans
statement
with deposits
fers to
August 7, drawals
Bank
1919
43.000
5,000
10,0C0
90.000
63,889
90.000
25,000
36,000
237,625
48,931
20,800
34,360
3,184
77,408
77
r\, 107
H 0
19 1
5,000
2,000
2,000
6,000
2,000
3,136
196
2,569
2,010
355
1,900
59
51
6
1,383
ll,b b 5
fl u lu IV JL >J
Deposits
through
transfers
from Bank
11,030
24,so4
3,000
2,962
4 ..000
223,925
72.000
35 ,oco
36.000
36,205
15.000
lb , 186
2.000
223,925
Total
with
drawals
: Total
{deposits
5 »ooo
5 ,oco
5.000
3,500
4.000
18,720
7.000
2,000
2,000
6,000
2,000
3,500
4.000
18,720
7.000
5.000
43,220
123,894:
120,158;
95,697:
148,900:
31,528:
34,lb2:
l!}3,768;
186, 078 ;
9 0,893:
107,987:
2 7,03 7 :
35,071:
b2,212:
85,555:
40,758:
37,437:
45 ,964.
31.631:
135,651 1,328,100 :1 ,3 2 8 ,100
84 .259143, i **2;
1,383
__25_,383
Balance at
close of
bus ir.es s
August 14,
193.9
4 8 ,COO
Sugary of changes in ownership
of gold by barucs through trans
fers and settlements.
Decrease
90,000
80,bl5
b3,8S9
90.000
26,500
.242
38.000
250,345
53,931
10,485
‘
,
584
20,800
2,000
1,383
1^383
131,915
3*736
Total
Total
Debits
Credits
'95,954:
108,340;
451,345:
319,430;
B&LSQoei±n
fund at
close of
Net
business
Credits Aug.14,1919
12,3&T
757435
£9,955
46,710
11,438
44,821
5,758
30,986
2,634
15,709
37,310
101,348
17,094
39,078
8,034
31,227
23,343
6 3 , 439
3,321
6,744
14,333
46,716
135 , 65! “ 592,168 '
■
B U JM V
10,000
1,000
11,000
4.000
42.000
1.000
84.000
Net
Debits
" 11,534
5,000
2,000
24,000
1SC00
20 700
25.423
CCNFIDENTI-AL
Settlements from August S to
August 14, 1919,both inclusive.
1,000
5 ,oco
54,220
32,360
4,184
81,025
799,034“
-
•m
*
— —-- —~
—__
91,926
;
:
:
Increase
22,920
:
:
.
:
5,835
7,438
:
:
21,064
:
M
^
;
20,343
1,634
2,359
*1rv 777
^0 153^
91 , 92b
,
C O N F I D E N T I A L
Not for publication
GOLD WITHDRAWN FROM THE FEDERAL RESERVE SYSTEM.
S t . 539
Daring the period from April 26 to May 29, 1919# inclusive.
(In thousands of dollars#)
' Paid to
1 Withdrawn ' Withdrawn for 'Withdrawn for 'Miscellaneous'
1 the U .S.
'
or not
'
for
' use in the
' reserves of 1
1 Government 1 export
' industrial arts 1
1 specified 1
banks
Federal Reserve Bank
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Lotas
Minneapolis
Kansas City
Dallas
San Francisco
735
5,474
3,027
5,127
2,921
7,170
3,965
3,252
S29
496
453
588
Total
2,295
120
134
2,549
.
33,036
66
5,623
205
«.
—
—
20
—
25
—
1
35S
5
43
61
6
—
5,714
5
30
4s
261
521
Total
801
12,955
3,057
5,127
2,921
7,190
4,008
3,313
s4o
496
573
800
* 42,081
During the period from Mav 30 to June 27. inclusive.
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St •> Loxix s
Minneapolis
Kansas City
Dallas
San Francisco
Total
790
12,286
4,081
5,105
2,623
66,890
10
6,016
...
3,697
3,356
562
513
403
.............9* 63.4
49,066
-
156
.
7.689
74,745
94
7,331
30
—
—
—
5
7,460
35
—
57
—
222
45
567
5
3
43
884
86,507
4,168
5,105
2,633
6; 051
3,919
3 ,4 o i
171
495
513
559
17t502
131,809
* Difference between this total and that shown on suomary of Gold Receipts and Disbursements for the above- !
period, (StcUUU) due to elimination of $2,573*000 of intra-bank transactions reported by the New York, *
Chicago and San Francisco Federal Reserve banks.
FEDERAL BESSB7Z 30AED- DIVISION OF REPORTS AND STATISTICS, AUGUST 15,
1319 *
GOLD RECEIPTS AND DISBURSEMENTS O-F EACH FEDERAL RESERVE BANK DURING WEEK ENDING JULY 25, 1913 »
S t .5^0
(Figures do not include gold received from or paid to another Federal Reserve Bank.)
(In thousands of dollars; i .e .. 000 omitted.)_____
RECE I P T S
Credits to deposit accounts
In exchange for F»R« notes
Total
All other '
»
U*S
.Government ’ Member
• Other banks,
1
’ From U« S. * From
Receipts
N. S.
1
Total
• Government 1 members 1individuals, etc. * Total * General Account1 banks
C O N F I D E N T I A L
Not for publication
Boston
New York
Philadelphia
Cleveland
Richmond
952
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
__To tal_for_ System______ 353-
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
173
69
2
30
13
s
l
57
39
11
25
s
16
.15_S_
16
4 ,100
FEDERAL RESERVE BOARD
AND STATISTICS
1919
126
58
r.
_
-
944
112
68
106
39
384
560
243
193
126
53
944
112
63
106
372
5,293
5,293
9
9
790
69
g
S3
135
70
115
90
3,240_
IS
5, ™
3,799
IS
2,611
303
130
1,023
-
973
113
13
-
102
28
-
■
All other 1
N . S . ___ '
19
25
90
_
12,207
Total
Disbursements
313
5,684
933
790
303
200
904
100
7Sl
991
183
135
29
17,170
17,235
10 ,514
16,942
18,447-
2,629
131
39
7,901
1,562
s
IS
IS
-
55
39
7,501... _
384
.__2,833___..__7j933_____
90S
294
1,554
5S1
1,006
256
336
-
.44l
'D I S B U R S E M E N T S
1
Debits to deposit accounts
1 Member
U. S.
Total
' banks
Government
Total
TpT
--- W ~
269
'157*
T
243
193
_
10
Excess receipts
560
1
____________ In exchange for F. R» notes
To U. S.
'
To
’ Other banks , '
Government 1 members 1individuals, etc . 1
269
80
292
908
790
294
50
1,504
5Sl
—
69
33
—
135
70
50
64
1
DIVISION OF REPORTS
august 15 ,
110
13
55
4
965
6
25
2
25
.324.
230
IS 9
CONFIDENTIAL
Not for publication
gold withdrawn from the federal reserve system.
st.5U6
During the period from June 28 to July 25 , 1919> inclusive.
(In thousands of dollars.)
Federal Reserve Bank
1
1
Paid to
the U. S.
' Government
1
1
Withdrawn
for
' export
‘ Withdrawn for 1Withdravvn for'Miscellaneous'
use in the
1 reserves of 1
or not
1
•industrial arts*
banks
1
specified '
1
729
-
109
New York
**,359
U2 , 17 U
6 , 60S
Philadelphia
3, 5g5
122
15
-
Cleveland
3,660
-
-
-
Richmond
2 ,oU3
-
1
100
Atlanta
6,988
-
-
105
Chicago
2,250
St. Louis
3 , 2 7i
Bo ston
Total
S3S
a*
t
*
—
-
-
-
-
Minneapolis
i+is
-
-
Kansas City
396
-
-
Dallas
501
523
22,036
2^,777
50,236
67,596
San Francisco
To tal
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 16, 1919.
613...
15
3
. :
53,75^
'
3,725
■■
■
■
■
'
3,660
2,144
-
7,093
1
2,251
43
■
3 ,3 1 ^
-
^33
-
-
396
-
-
-
-
Uo
172
^7,025
260
232
125,657
6,733
l , 02l+
STATEMENT FOR THE PRESS.
Released for publication
Sunday morning,
Federal Reserve Board
August l 6, 1919
August 17, 1919»
CONDITION OF FEDERAL RESERVE BANKS.
Net liquidation of nearly 100 millions of discounted and purchased bills,
accanpanied by a substantial reduction in Government deposits is indicated ty the
Federal Reserve Board's weekly bank statement issued as at close of business on
August 15, 1919.
War paper on hand shows a decline of
a decline of
crease of
66
5.2
85*6
millions, other discounts on hand -
millions, and acceptances - a decline of
6.9
millions.
The in
millions in Treasury certificate holdings represents largely the amount
of temporary certificates issued to the Chicago and New York banks to cover advances
to the Government pending collection of funds from depositary institutions.
Total war paper holdings of the Chicago, St. Louis and Minneapolis banks in
clude 71'H millions discounted for other Federal Reserve banks, as against
millions shown the week before.
85*2
Acceptance holdings of the Cleveland and San Fran
cisco banks include U2«5 millions (as.against
millions) purchased from other
Federal Reserve banks.
Government deposits declined 50.1 millions, while member*s reserve deposits went
up
21.6
millions and the "float" carried ty the Reserve banks - 15*2 millions.
Net
deposits show a reduction of ^2*5 millions* while Federal Reserve notes increased by
8,8
millions.
offset to
Gold reserves declined
2.2
millions, larger export withdrawals being
stsfio■ extent through gold deposits ty the Treasury.
but a slight decrease.
Cash reserves show
reserve
The banks’^ ratio shows, a rise from 50 .b to 50-9 per cent.
in increase of $ 593*000 is indicated in capital account, this amount represent- ing largely additional stock of the New York Federal Reserve bank issued to members
in consequense of increasesof th@ir capita.! and. surplus accounts*
Roleacad for publication Sunday morning, August 17, 1919; not earlier.
STATEMENT OF RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSI OF BUSINESS AUGUST 15, 1919 .
R E S O U R C E S
August IS . lQiq
August S. lqiq
Gold coin and certificates
$250 , 651,000
$ 262,71+5,000
Gold Settlement fund - F-R« Board
591. 206.000
613,636,000
Geld with foreign agencies
Total gold held by banks
331, 331,000
SUl ,857,000
Gold with Federal Reserve Agents
1 , 118 , 89!+,000
1, 031+,01+7,000
Gold redemption fund
121 .536.000
liq.^as.ooo
Total Gold Reserves
$2,082,587,000
$2,03*+, 756,000
Legal tender notes, silver, etc.
6q .136 .000
67 . 362.000
Total reserves
■
2 ,151 , 723,000
2
, 152 , 118,000
(Secured by Gov't.war obligations
1 , 52a , 992,000
1,60s ,.583, coo
Bills discounted
(All other
220,31+7,000
•••■225 , 535,000
Bills bought in open market
131,21+1^000
- 3T^,?75,OQQ
Total bills on hand
2 , 117 , 71^,000
2.215.359.000
U, S* Government bonds
2 7 .093.000
... £
27,095,000
Uv. S. Victory notes
271* ,000
280 ,000
U. S. certificates of indebtedness
295,727,000
y.'k
:
229,721+, 000
All other earning assets
Total earning assets
2,1+1+0,813,000
2,1+72,1+53,000
Bank premises
11 . 306.000
11,so5,000
Gold in transit or in custody in foreign countries
S9 , 631*000
* 35,253,000
Uncollected items and other deductions from gross deposits 833,399,000
92s ,030,000
IQ S .043.000 793,301,000
5$ Redemption fund against F.R* bank notes
1 1 .313.000
10.303.000
All other resources
q.so7; .0O0
q. 816.000
TOTAL RESOURCES
5 , 553, 123,000
5.450.301.000
L I A B I L I T I E S
Capital paidr-in
gl+,1+00 ,000
83.807.000
Surplus
81.087.000
to
81,087,000
Government deposits
5'8, 58^,000
103.636.000
Due to members - reserve account
1,77s, 365 >°oo_ri
1 , 756 , 807,000
Deferred availability items
670,5^(^00
555 ,:^>5,000
Other deposits, including foreign government credits
107.382.000
loq.giQ.ooo
2,6i6,?oU,ooo
Total gross deposits
2;, 523,360 ,000
F« R. notes in actual circulation
2,5140,901+, 000
2,53^,057,000
209,709,000
F» Ri bank notes in circulation - net liability
205 ,31s ,000
20.384.000
All other liabilities
19 ,172,000
TOTAL LIABILITIES
5 , 553, 188,000
5 ,450 ,301,000
Ratio of total reserves to net deposit and F.R. note
* Includes one year
liabilities combined
Treasury notes. ** 50 .1+ ^
50-9
%
Ratio of gold reserves to F-R. notes in circulation after
Amended
figures- ** 6l<0 l/o
61.1+ %
setting aside 35f° against net deposit liabilities
St.5l+la
August l 6 . 1213
$ 385 , 017,000
60 0.033.000
5.S2q.000
99 0.92 9 .0 0 0
961,1+93,000
Ho, 116,000
1,992,5^3,000
___52.980.000
2 ,01+5 , 523,000
752.115.000
533.253.000
212,201+,000
i > 9 7 ,5 7 2 ,000
3 1 ^ 9 7 ,0 0 0
*
3 2 , 51+6,000
______________________ 5
2
, 0
0
0
1,561,697,000
623,1+95,000
866,000
10.801.000
4.242.334.000
76.960.000
1 , 131+,000
95.555.000
1,1+64,011,000
1+61 , 202,000
IIS .2^1+ .000
2 . 136 .002.000
1.935.419.000
15.167.000
27.702.000
4,21+2,384,000
53*5
$
76.3 €*
‘^•Eeleased for publication Sunday morning August 17, 1919; not earlier.
St*5
-■v—/
'
WEEKLY. STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS AUGUST 15, 1919*
'■ f 'S ?
R E S O U R C E S
.
(in thousands of dollars.)
.: .r/S^ ' ■
.• •
Boston New York Phila, Clevel. Richa. Atlanta Chicago St.Louis Minn* Kans-Qy. Dallas San .Fran. Total
^7,864 23,614
2,626
8,360
87
9, 60s
9,670
250,651
^ o M - ssttlaaont -fund-- ^.li.Board-"
67.212
119.693 46,351 53.315 -30,558 ,13 J?23_ 94,0^1 32,050 55,646 .§0^614-5J-17 4.2 ,| 5b--'
*-:<&tal gold held by banks ---72,202 273,227 56,905 70,655 32,252 21,527 117,705 35,716 54 ,006 60,701 15 7*5 5^,526 ^ 241,857
with-Federal Reserve Agents- 73,771
284,387 71,742 121,096 27,805 44 ,109 261,547 56,890 34,818 33,340 16,438 92,891 1,118, S|4-
■w;'Sold Redemption Itod ------- -
it TO
12! 783____ ?fr
?*•
6 , 6fiS 56, 33*?
5, 181
k 100
J.ffi . f .t e
. ^ USg
159,326
582, 5 0 3 1 3 1 , 430192,026 66,933 72 , 365415,588 96,727 82,924 101,356 33,715 147,634 2 , 082,587
‘;;.Tpt.%KgQld ro serve s ----- ':. ^;Lega 1 ::tohder no1 3 s, silver,, etc.8.820
48,568
190
965 / .584___ 1,183
1.629--4 * ^ 2 ---- 55
^ 5 - 2 ,255
2|2
.5 3 * 1 #
' Total reserves — — '-- ---l6s,i46
631,071 131,620 192,991 67,417 73,548 417,217 101,329 82,979 101,540 35 , 969147 , 8 962 , 151,723
$ ills' discounted:
' •„ .
■-Secured by Government war
,
,
•
obligations 4*$-— ---- 111,748
615,433 176,779 n o , 082 78,939 72,794 158,584 53,513 27,496 35,326 32,362 49 ,936 1,522,992
' All,Other,-.— -- — — -----8,433
49,853 l6,05U 10,810 12,585 l 5 ,6 5 i 25,576
9,225
3,548 33,719 20,150 16,764
220,347
*" Bills bough tvin open market (b)— _g§>.lg4..._ 111^654_____ 6J3__ 5-4+-5I3-- lj±73-- 5 j±32— 5 9 3 4 3 -- 9»~217— 22 ,644— -- 23--- &X1— $6„2 8 8 ..... 3J--3 75
Total bills on hand — ------ 145,365
776,94o 193,496 175,465 98,997 92,867 233,103 72,554 53,688 69,068 53, 18 3152 , 9 8 8 2 , 117,714
U. S. Government bonds'------539
1,257
l»385
1,094
1,234
376
4,477
1,153
ll 6
8,868 3,966
2,633
’ 07b
U* S* Victory n o t e s ---- *---lU
50
~
6
-~
~
.
' .U.S..certificates of indebtedness
21,5^6
76,644. 25,805— 1 3 3 5 9 -- 8,435— LlJ±I9—
— 17»Q6S— 7J & 5— 12«_8l5— -^-3QQ— Jz+slQ....--^35^-72X- Total earriing assets ------- 167,355
855 ,891 220,686 196,518 108,726 lo 5 , 72s 319 ,192 90,775 61,553 90,750 63, 55g 162 291 2,440,813
' Bank premises
---800
3,995
500
875
537
463
2,936
691
402
308400
Gold in transit or in custody in
foreign countries--- -----89,631
~
_
_
- f i . ^ a i o t i o n s i i S r 'g r ^ S p o s i S t-
7 0 ,31*!
■ All oti:or resowcas -------‘
‘ ^ ' J!ESPIJECES
___ Uos,
nclu^e^ bills discounted
for other F.R.banks, v i z .-r). Includes bankers* acceptances
bought fran other F.R.banks:
-v; :M ^:v :^ith' their ondorsement-^Without their endorsement—
21^,339
73.583
57,993
76 , 2^3
33.729
9S.ll1*
51,030
1 3 ,711*
68,362 33,617
32,33^
838,399
1.07=
2.220
1,293 927
W 8
578
1,799
*0
3*
852
>*0
<*>
11,313
Ul2
2.187
856
992_____ 622______ ? & .. ..1^.520_____ ^22--- 12!*--- !*22--- 52|*--- 863--- 2 ^ 3
125 1,798,333 tes,53S >*6o,286 253 , 961* 2 13 ,“*12 sHo, 77S 2**5,155 163 , 621* 262,396 13H, 327 3 i * , 2l*o 5,553,178
-
-
-
-
'
“ '
~
-
-
.
39,970
~
10,012
-
.
15,000
-
16,463
-
"
-
"
-
-
*
-
-
“
-
7 ,
k *
32,508
y
R e le a s e d
fc r
p u b lic a t io n
WEEKLY
STATEM ENT
Sunday
OF
m o rn in g ,
RESOURCES
A ugust
AND
1 7 ,
1 9 1 9 ;
L IA B IL IT IE S
OF
not
FEDERAL
(In
thousands
L
Boston
C a p ita l
p a i d - i n --------------------
S u r p l u s _________________________________________________
d e p o s i t s --- ------------
Governm ent
to m a r k e r s
- Reserve a c c o u n t Deferred availability i t e a s _________
D u e
New
F .
R-
F .R *
n o te s
bank
in
a c tu a l
n o tes
in
c ir c u la t io n
c ir c u la t io n
l i a b i l i t y ---------------- —
A ll
other
I
A
B
7 , 6 5 .5
L
I
T
AT
CLOSE
OF
B U S IN E S S
AUGUST
1 5 ,
1 9 1 9 *
d o llars- )
I
E
S
R ic im .
A tla n t a
U ,2*
3 ,2 7 2
C h ic a g o
S t- L o u is
1 1 ,9 0 1
M in n .
D a lla s
5 ,3 1 1
5 ,8 6 0
3 , 800
2 ,8 0 5
9 ,7 1 0
4 ,8 4 5
3 ,5 9 6
5 ,7 4 9
4 ,2 8 9
4 , 532
6 , 5^3
1 0 8 ,5 2 3
7 3 4 ,6 6 6
1 0 8 ,6 0 5
1 2 9 ,2 0 3
§ 6 ,1 1 0
4 6 ,3 0 9
2 5 7 ,3 9 0
6 1 ,3 6 1
5 2 , 3 3 &
8 2 .0 6 3
4 5 ,0 5 3
f
6 l >725
1 5 9 ,6 9 2
6 2 ,2 3 9
5 9 ,9 0 7
6 8 ,3 9 1
2 5 ,8 5 4
8 0 ,4 8 4
U 3 , 257
1 3 ,4 1 9
5 2 ,3 5 9
2 4 , l46
1 9 , 0 ^
1 9 1 ,0 7 7
7^ 8 , l 6 6
4 ,0 6 1
3 ,5 2 3
n
3 ,8 0 9 3 ,2 9 9
2 ,5 8 9
2 ,3 2 0
3 ,9 5 7 2 ,0 2 9
6 ,2 0 5
4 ,l 6 l
6 ,6 6 0 1 , 4 #
F r a n .
3 2 ,9 2 2
7 ,7 1 1
3 ,0 2 3
San
5 ,2 0 7
7 ,o 4 7
3 , 9^3
K a n s .C y .
5 ,5 4 2
4 8 ,2 7 1
9 ,3 3 6
,8 2 8
3 ,3 6 1
4 )3 66
To tal-
s U .U o o
4 ,5 7 7
v
8 1 ,0 8 7
5 8 . 5 g f ^
4 ,6 7 9 2 ,2 5 7
5 ,9 6 0
1 0 9 ,2 1 0
1 9 8 ,3 4 1
2 , 5 4 0 ,9 0 4
^
2 0 8 ,1 3 6
222 , 903
-
l i a b i l i t i e s --------- -
I
C le v e l.
o f
BANKS
2 2 ,0 1 3
1 ^ 7 9 3 6 --- 2 7 5 7 0 ” 1 3 l
n e t
TOTAL
P h i la-
s- c^h- lc
RESERVE
6 ,3 3 7
6 , 1U6
T o t a l ^ g r o s s '^ d e p o s i
Yo rk
e a r l ie r .
THE
1 0 4 ,4 8 9
1 1 5 ,7 4 2
4 2 9 , l4 o
1 0 ,6 0 5
3 1 ,5 3 6
1 0 6 , 3 8 7
7 7 , 5 S2
'9 2 ,3 5 6
4 6 ,5 8 5
6 ,5 3 0
1 5 ,3 9 5
s.7 0 2
,
2 1, 3 7 6 .
*+0 , 4 5 3
2 4 ,5 1 5
.1 8 ,2 2 3
7 ,6 8 7
1 .5 9 2
7 ..3 0 5
1 .4 3 4
1 . 4 o4
913
7bU
l i a b i l i t i e s ------------- '1+0 8 , 1 2 5
1 , 7 9 8 ,3 3 3
*+2 8 , 5 3 8
4 6 0 ,2 9 6
2 5 3 ,9 6 4
2 1 3 ,4 1 2
M
Contingent liability .as endorser on Discounted paper rediscounted with
other Federal Reserve banks —
Bankers' acceptances sold to
other F. R» banks-------
1 7 ,9 7 0
-
E M
5 0 ,0 0 0
O
R
A N
16*30 5 .
. S .0 7 6 _
.2 9 3 ,7 9 9
2 . , 2 4 6 __________ 1 ^ 2 __________5 .8 6 ______ 1 , 1 1 .8 ------ 8 0 0 --- 1 * 4 8 0 ---- 2 0 ^ 8 4
84o ,7 7 8
D
-
2 4 5 ,1 5 5
1 6 3 ,6 2 4
2 6 2 ,3 9 6
-
-
1 3 * + ,3 2 7
3 *+*+»2 1+ 0
5 , 5 5 3 , lgs
A
-
-
3 , *+63
7 i , H 33
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
200,058
8,981
822,123 217,150 23*+,364 108,601 120,229 458,242 123,595
17,208
SO,l64
2,582
98,557
6 , 201
'.3,832
F*R»notes in actual circulation 191,077
?4S,lb6 208,136 222,903 104,489 115,742 4 2 9 ,l4o 106,387
77,582
92,356
4 6 ,5 65 198,341 2,540,904
F. R. notes outstanding-----F. R. notes held by b a n k -----
73,957
9,01*+
l l , 46l
4,115
4,1+87
29,102
50,*+17 220 75*+ 2,73^,25*+
22,413____1,93,350
DISTRIBUTION OF BILLS AND U- S . CERTIFICATES OF INDEBTEDNESS BY MATURITIES*
Within 15 days
Bills discounted----------Bills bought in open m arket--U<sS, certificates of indebtedness
1,439,073
764
87^338
l6 to 30 days
31 to 60 days
63,535
87,549
6,l46
99,24i
15*+, 529
90 days
129,709
38,533
23,497
23,606
_
6l to
Over 90 days
11,781
~
155, l4o
Total
1,743,339
374,375
295 , 727
• Belsased for publication S-unday morning, August 17, 1919; n°t earlier.
S to lid
STATEMENT OF FEDERAL RESERVE AGENTS* ACCOUNTS AT CLOSE OF BUSINESS AUGUST 15,
1919 ,
(In thousands bf dollars.)
Bostcn. New York Phila- Clevel. Richm- Atlanta Chicago St.Louis Minn. Kans*Cy. Dallas San Fran. Total
PEEERAL RESERVE NOTES:
Ilaobiv3d frcrn Comptroller---- 362,720 1,698,320 '432,780 383,580 236,680 243,000 669,600 222,120 137,380 171,920 104,760 309,860 4,972,780
Returned to Comptroller - - = - - 1 ^ , 6 4 2
Chargeable to F . R-. A gent---
227,078
In hands of F. R. Agent - - - - -
27,020
Issued to F«R» bank less amount
returned to F-R- Agent for re
demption ---------------
200,058
COLLATERAL SECURITY FOR OUTSTANDING
NOTES:
G-old coin and certificates on
hand - - - -
-
742,657 18^.250 120.836
81 ,906 1,831,709
5 7,513
18,5+10
l 6 ,S 6o
11,380
16,830
822, 1 2 3 2 1 7 , 15023 ^ , 36^ 108, 601120 , 2 2 9 ^ 58, 242123,595
80,164
98,557
50,417 220,754 2,73^,254
183,740
32,380
28,380
-
I S , 125
12,971
Gold Settlement fund, F-R.Board -
58,000
90,000
58,889 90,000
61,983
133,600
12,853
120., 287 —532,.73.6...145.408 113,268
AMOUNT OF ELIGIBLE PAPER DELIVERED
to F. R- A G E N T ---------- 145,365
4p,356
67,247 227,95*+ 3 ,1 1+1)071
10,647
200,058
80,115
97,024 109,93 7
15,771
T o t a l ----------------
62.971 187>518
955,723 249,530 262,744 139,718 180,029 482,082 1^2,005
Gold redemption fund -- - -
Eligible paper, minimvra required-
96,962
822, 123 217,150
31,117
59,800
2,500
-
-
-
13,052
-
7,200
9,831
-
406,817
227,248
3,609
8,562
2,960
966
2,980
2,483
12,855
87 , 962
26,500 38,000
252,985
53,930
20, 800
30,360
_4,1S4
80,036
803,684
76,120 196,695
66, 705
45,346
65,217
33,919
123 , 595
8o,l64
98,557
50,417 220,75*+ 2,73^,254
1,305
80, 796
.
234,364 108,601 120,229
776,940156,955173,9^
23,84o
458,242
81,831 87,419 233,o4o 72,338 51,765 69,06853,183
127,863 1 ,,615,360
135,605 2, 037,453
STATEMENT FOR THE-PRESS
• S t .5^2
He leased, for publication Monday
morning, August 10, 1919; not oar H e r .
Federal Reserve Board
August 16, 1919
CONDITION OF MEMBER BANKS.
Moderate liquidation of all classes of investments, except certificates of in
debtedness, is indicated ty the Federal Reserve Board's weekly statement showing con
dition on August S of 770 member banks in leading cities.
Payment by member banks outside of New York City for 1920 loan and tax certifi
cates
*
accounts for the total increase of
total holdings of certificates of indebtedness.
25 •£
millions shown in the
For the New York banks a net de
crease under this head of 10*5 millions is noted.
United States bonds on hand show a
decline of 3-*^ millions, Victory notes - a decline of
8.5
millions, while war paper
holdings decreased 2 6 .8 millions*. largely at the Now York banks.
All other loans and
investments fell off l6.S millions, the New York and Chicago banks showing most of
the decrease.
Aggregate holdings of United States war securities and war paper declined from
3^70 to 3^56.6 millions and constitute, just as the week before,
total loans and investments, of all reporting banks.
decline in this ratio from
27*5
to
26.9
23 *^- per
cent of the
For the New York City banks a
per cent is noted.
Government deposits went up 3^*3 millions, and time deposits - 21.2 millions.
Demand deposits (net) show declines of
63*6
and 5*3 millions for the New York City
and Chicago banks; the total decline for all reporting banks is considerably less,
viz:
31*9
millions,
owing to the gains under this head reported by the .banks outside
the two largest bank centers.
Total reserve balances with the Federal Reserve banks
show but a nominal charge, while cash in vault went up 12*2 millions.
Discounts with
the Federal Reserve banks, as measured by the amounts of collateral notes and custom
ers* paper held for reporting banks, show but little change for the week.
Roleased for publication Monday morning August IS, 1919; no^ earlier.
St-5^2a
STATEMENT SHOWING- PRINCIPAL RESOURCE M D LIABILITY ITEMS OF ivIEMBER B jm S IN LEADING CITIES,
I,
CoErparative data for all reporting banks*____________ (In thousands of ■
Aug.3, 1919
May 9,1919
Aug. 1 , 1919
.
Feb. 7,1919
Number of reporting banks - - - - - - - - - - - - - - - - - - - - - - -
110
110
773
770
IT*, S* bonds to secure circulation - - - - - - - - - - - - - - - - - - -
270,231
265,344
263,133
263,214
Other UY 3 u bonds including Liberty bonds-- - - - - - - - - - - - -
6^ 1,315
645 ,166
673,617
739,103
U, S , Victory notes - -- -- -- -
322,671
337,246
------------------
l .i 6or ^02
1.134.453
2. 260.. 432
.......1.463,955
----- --------- - - - - - -
2,400,513
2, 386, 7l4
3,207,237
2,466,277
------------------
1,326,236
1,353,109
1,072,493
/ill other loans and investments - - - - - - - - - - - - - - - - - - - -
11,041,233
U, S* Certificates of indebtedness
Total U« 3* -securities - Loans secured by U* S* bonds, etc*
-
11 ,053.
H
-
-
•
1,192,353
2
10,369..S72
10 , 006,011
-------------------
1 , 353,345
1,353,542
1,299,739
1 , 225,219
Cash in vault - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
351,220
332,366
360,337
353,177
10, 744,722
10,776,645
10,436,764
9,786,907
1,332.694-
1,861,519
1,742,095
1,616,452
551,406
517,149
551,099
531,969
1 , 033,510
V 39£,g 4j.
1,254,624
933,753
- -- -- -- -- -- --
333,310
337,123
244,031
372,383
Ratio of U* S. war securities and war paper to total loans and
investments, per cent - -- -- - - - - - - - - - - - - - - - - - -
23.4
23-4
27-4
24.9
Reserve ba lances with Fo R* bank
Net demand deposits
----------- — - - - - - - - - - - - - - - -
Time deposits - - - - - - - - - - - - - - - - - - - - - - - - - - - - Government deposits - - - - - - - - - - - - - - - - - - - - - - - - - Bills payable with Federal Reserve bank - -- -- -- -- -- -- -- Bills rediscounted with Federal Reserve bank
Released for publication Monday morning .August 18. 1919; not earlier.
„ TrnTT,0
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BANKS IN LEADING CITIES.
St*542b
2.
Data for all reporting banks in,'Bach district, as at close of business August_. g ,.. 1913.-_________ __Lln,, thousands_of dollagg^j.
_
-- m"T7T
Boston New York Phi la. Clevsl. Riclm- Atlanta Chicago St.Lo^is Minn- Kans-Cy- Dallas -an ^ai .
•
Nc. reporting banks-- *----46
1095&
, 28
82.
4-5
100 ,iU oi7IK 7?7V4
U .S . bonds to secure circulation I1* ,50 7
4g g6'0 11,397
4l S58 2 5 ,744 14,715
20 , 12 b 17.15b
d i’ a^o is ’ Ulg 41*741
641,315
Other T
J,3r incl. Liberty bonds— 1T IS?
2 ^ 5
35,537
64 457 3 ^ 0 3
27,515
54.16? 1 7 . 1 *
10, bO 7 2 1 ,6 ,2 18,418
41, 41
b
> ?
TJ* S* Victory n o t e s -------- -11,427
134,540 lb ,320
4 2 ,4 24 l4,42o l 4 , 5o?
50,124 12,143
0 , ^ 6 lb , ^ 9
° x l6o 302
U.S.certificates of indcbtedness ._.69v4q4
424,_322 .><
•>9^9____ 93A5.70_ b6^231 _6l.1_1^0-- 20 :,b93— 35^99_._£/» 5' — "-’-jw
2g-r" -2*400 519
Total U . S . securities---- -112,525
903,7^7 118,423 .24 2 , 3 0 9 l44,854 117,9^7
329,112
* 1.681 52,167 V >
0% 3 % > f£
Loans secured by U-S. bonds,etc. 70,70?
7*7,3*7 lbS,71^
108*,971 ^2,392 29,% 2
100,121 ^ , 3 6 6
1-00*007 i J ^o U l 642* 885 11*041 283
All other loans and investments- gig 103 4,305,692 644,498 1,034 653 402,523 3 19,737 1,521,055
^ 2 ,/)
Iio’ i pI
59*810 1?3 5 ^ ^ 5
Reserve balances with F.R. bank- 7* 9 32
681 8S9 6 6 > 7
S7,652 36,00* 30,901
1 7 7 ,^ 9 42,118 25,398 49,121 21, M
59,810
Cash in v a u l t ------------ -2 3 6 9 0 . l2o!l4i 17,068
31,621 16,59^ 12,864
63,207
9 ,656
8,930 i4, Sl410,299 2 g , 3 *
W
g
Net demand deposits--- ----- 751,613 4 , 294 881 660,913
815,526 3^°»133 255,^29 1,326,233 320.753 'r*^kr J ’ L ? ^ n ^ ^ l 20S*S74 1* 582* 694
Time deposits-----------m ^ ?
334:738 25,981
292,386 90,372 113,966
443,305 99,780 . ,56,756 77,558 3 0,*3J 2 0 , , S/4 l,|»2 ,b jg
Government deposits-------- -4 l (gb9
Bills payable with F. R- bank -- 22, 717
Bills rediscounted with F.R»bank 69,859
24l, (54 33,139
467,494 146,302
156,894 23,185
47,949
S0,46l
1 8 ,34o
3~~~Uompixati
br an
a *, s—
Number cf reporting bani:s
-----U- S* bonds to secure circulation --Other U«S* bonds including Liberty bonds
U* s. Victory n o t e s
U, s. certificates of indebtedness — Total U. S. sec u rities --- ----Loans secured ty U .S . bonds, e t c . -- All other loans and investments---Reserve balances with F. E. b a n k ---cash in v a u l t -------------- -
Net demand deposits------------
Time deposits -----------------Government deposits------------Bills payable with F.R, b an k ------Bills rediscounted with F»R. bank---
II
0 , 1^3
265,392
115,890
394.738
816,183
672,703
3,8 90,975
647 33^
107 ss4
4 , 500, 2o0
’^ l O b
Eatio of U.S* war securities and w:xr paper
Do total loans and investments, per cent
14,
87,
l4,
231 717
4lb’, 977
114.3^143
*«. i
Aua.
cJTTTtxes
1
II
.* * .
105,070
39>°^3
>!> v
^
270,676
21,501
20, 81
118,573
23,952
24,729
190,
U05 . 212l l ^ m ^ O g ^ _________ 7^1,123
834,124
160,761
155,1^5 1,419,669
697,421
72,822
73,753 1 , 066,324
3,900,276
916,422
920,187 7,325,898
662 794'
120 433
120,850 1,018,166
lo3>76
37,201
35,454
205,926
4 , 563,947
880,209
885,534 7,618,515
’ 25^ 6 4 3
l6?:851
166,845
8 21 ,S45
2^8, 777
^9,173
27,182
4ll, 872
415,507
5 0 ,7bl
5.5,^00
74g/4S4
l4l,l66
6,494
4,505
262,129
&
iu61V
' ;‘ug'i7i
* * '$ r ~ m ’h9 ■
104,57^ /
6 8 ,8 } J
52,536
102,32'-!
102,332
^
e -^
^7
iho 089
144 479
195*570
76*157
77*533
61*903
64^143
195>>70
7o, 157
U M
°
^
728,935 ; 2 ^ , 3 9 8 ..
1,415,099
I
i?:''-7Q
1,093,424
135,740
^ ,^ b
3 .1 ^ 3
, Q7,:*&S
7,356,909 & 771, *99
1» 7
7ihi^U l
1,026,995
170,311
^ 5 ,5 0 6
l64,8o8
lb ,04l
198,153
59,905
59,533
,
7 , 664,905 h, 4p7,9oO 1 .^ 52,495
1 , 668,2 7 1 *^59J2 7
810,521
* 545,l4l
!M 0 0 0
515,708
508,99«
35,2>%3
J7,031
,
/
ih^’ oor
i k ' ’ kx^
7o4, 7b5
-a’ lol
ur* 7 -?
Ui^’
2b0, b09
29,95
3 ,
,7^3
1
^
2o -9
27-^5
20*1
' 19-8
^ *3
S I T o E E o ^rgo r t ing
N
.4
^
-x
o_, Q
ic U
^~
l^-U.
C O N F I D E N T I A L
Not for publication
RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES;
St. 5^9
RATIO OF GOLD RESERVES TO F. R. NOTES IN ACTUAL CIRCULATION,
AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES,
OF ALL FEDERAL RESERVE BANKS.
August 15, 1919*
Ratio of total reserves to
net deposit and F.R. note
liabilities combined
Aug. 8-- Aug. 15
Ratio of gold reserves to F.R. notes in
actual circulation after setting aside
35$ against net deposit liabilities
Aug. 8--- Aug. 15
Ratio <*>f gold re
Ratio of gold and
lawful money reserves serves to F.R.notes
in actual circulation
to net deposits
Aug. 8-— Aug. 15
Aug. 8-Aug .15
Boston
1*8.8
55-6
56 >7
67.6
62.8
72.6
1+0.8
1+5.6
New York
1+1+.7
U5.3
55-1
5I+.2
1+7.5
50.0
1+1.6
1+1.3
Philadelphia
1+0.2
Ul.6
1+3.0
1+5.1
39*5
1+3.6
UO.6
1+0.6
Cleveland
5I+.5
5I+.0
65.9
65.1+
55-1
53.2
5l+.1
5^*5
Richmond
1+1.6
1+1.8
I+1+.9
1+5*6
61.6
58.9
31*5
32.6
Atlanta
^3*3
1+5.3
1+6.7
1+9.5
1+3.8
1+9.0
1+3.1
^3*9
Chicago
63.0
60.7
79-0
76.2
59-3
1+6.2
65.1
69 &
St* Louis
5^-0
59,1+
61+.6
7I+.1
53'1
61.2
5^-6
58.3
Minneapolis
58.7
62.8
7^*5
82.3
71*8
80.8
50.0
50.2
Kansas City
51.7
59*8
61+.9
80.6
60.7
78.7
1+1+.5
1+1+.0
Dallas
1+1.2
1+1.9
1+6.7
1+7.7
1+2.0
1+3.2
1+0.5
U0.8
San Francisco
50.2 .....
50.5
J±L£
1+8.0
1+9.1+
50.9
1+7.5
1+8.8
TOTAL
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
ausust 19, 1919
____
........ .
SJjS-.
..... 5 J.S..........
56.1
59-8
61.1+
52.1
..
53*9
C O N F I D E N T I A L
Wot for publication
(In thousands of dollars.)
1
Fe deral
Reserve
Bank
s t . 55k
RATIO OF’FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS.
"FLOAT11
1"Float" after adding net aejbit
1
Ratio
to
1 or deducting net credit in
Deferred 1
Uncollected
Saturday's settlement
’
immediately1
availability1
items
1 Ratio to immediately
items
1 .Amount 1 available '
1
* deposits 1 .Amount 1 available deposits
Per cent
Per cent
August 15, 1919*
1 "Float" after deducting National and F* R.
bank notes, also net investment in
1
transfers from second calculation
1
1
Ratio £0 immediately
'
available deposits
Amount
‘
1
Per cent
70,3^1
61, 725
8,616
7-2
13,044
10.8
12,731
10.6
211 ,S39
159,692
52,147
6.6
52 , 797
6 .7
52,797
6-7
Philadelphia
73,583
62,239
11,344
12,925
10.8
Cleveland
67,993
59,907
s,os6
5-7
7,660
5.4
7,240
5*1
Richmond
76,243
68,391
7,852
12.2
6,779
10.5
6,727
10.4
Atlanta
33 , 729
25,354
7,S 75
14.5
4,020
7.4
3,S09
7*0
Chicago
9 S ,li 4
so,4s4
17,630
6.4
21,124
7.7
18,000
6.5
St. Louis
51,030
*+3,257
7,773
10.8
'+o
l4P4
9,231
12.8
Minneapolis
IS ,714
13,419
5,295
8.S
M 65
7.3
4,o46
6 .8
Kansas City
68,362
52,359
16,003
17.1
12, 29S
13.2
M 83
5.1
Dallas
33,617
24,146
9,471
19.4
8,632
17*7
6,002
12.3
San Francisco
32. 334
19.066
13. 26S
12.3
11.376
10.6
835,899
670,539
165,360
8-5
165,360
8*5
Boston
New York
TOTAL
FEDERAL RESERVE BOARD
DIVISION-OF PJSPORTS AND STATISTICS
AUGuST 19 , J-^19
-9-5 T
12,925
io j
... .
7,000 .
145,291
6.5
7*5
'C 0 ri F I D E N-.pJ[. A L
Not for publication
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEIvIS.
St.554a
(In thousands of dollars.)
Bank
UNCOLLECTED ITEMS
.
1
1
1Checkd' National Bank*
1
1
' and 1 no tes end '
1Clearing 10 ther ' bank notes o f1Transfers All other 1
other
' bought 'uncollected'
' cash '
' house
items
'
*Exchanges 'items ' F« R. banks '
313
-
6,3^1
39
21,657
10,475
-
-
Philadelphia
6,527
2,071
-
-
Cleveland
^,995
25
Richmond
3,371
295
Atlanta
2,927
303
Chicago
s, 292
St- Louis
3,873
Minneapolis
Kansas City
Boston
New York
Dallas
San Francisco
TOTAL
*
Total
1
1
1
I
1
DEIERRED AVAILABILITY ITEMS
'
Gold
'Settlement
' Suspense
63,6 4 g
70,341
25,035
179,707
211,839
73,583
64,985
73,533
22,722
62,553
67,993
19,043
52
-
72,525
76,243
34,850
211
-
30,288
33,729
4,135
1 Transfers
r
sold
Government
transit
items
1919*
1
1
Other1'
transit'
items '
T 0 tal
•
-
36,690
61,725
-
-
86,109
159,692
64o
38,877
62,239
-
1,785
39,079
59,907
-
3,100
3 0,44 i
68,391
-
1,94s
19,771
25,85*+
724
2,955
86, 143
98, ll4
31,397
555
1,287
47,245
80,484
331
449
760
45,617
51,030
15,59*+
100
1,904
25,659
43,257
1,991
1
19
300
16,403
1SJ14
5,530
■
1,036
6,853
13,419
1,551
1,992
247
7 , 26S
57,304
68,362
11,168
41,191
52,359
523
757
367
2 ,33S
29,572
33,617
7,981
75
3,276
12,814
2 4 , i 46
2.549
172
ISO
4,197
25,236
32,33^
^,993
1
17 s
13,894
19,066
64,657
16,461
2, S42
17,953
733,981
835,299
256,031
731
15,15^
398,623
670,539
-
FELERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
august 19 , 3919
l4o
2 SO
1
I
1
I
August 15,
-
-
-
@FedFRASER