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A
*
C O N F I D E N T I A L
Not for publication

S t .5^7

REDISCOUNTS AND SALES OF DISCOUNTED AND PURCHASED PAPER BETWEEN
FEDERAL RESERVE BANKS DURING CALENDAR YEAR 1919 .
Chronological Table -.July 1919*

REDISCOUNTED OR SOLD BY FEDERAL RESERVE BANK OF

Discounted or S
purchased by 1
R*Bank of
•Date

DALLAS
RICHMOND
•PHILADELPHIA
’Disctd. Bills Disctd. Bills Disctd* Bills
i
‘July
♦
~
--—
_ -$ 10 , 000,000
« 1
Minneapolis
it
*
---10, 000,000
1 2
--*
~ ~
—~ 5 , 000,000
Chicago
• 2
11
-_ _
--*
--’ 3
\
\
--•
10
, 000,000
&
20
,
000,000
' 7
w
--•» - 5 , 000,000
* 15 , 000,000
' 10
• --• *
~
5 , 000,000
Minneapolis
» 10
11
--1
-10, 000,000
' 11
-2 , 000,000
--1 5 , 000,000
Chicago
• 11
H
----5 , 000,000
' 12
*
10
,
000,000
Minneapolis
• 12
San Francisco ' l4
$10,013,533
5
, 000,000
Chicago
' 15
I
San Francisco ' 15
10,022,763
ft
7 , oo 6 ,4 o 6 1
' 16
3 , 000,000
Chicago
' 16
*
--Cleveland
10, 011,871
' 17
3
, 500,000
10
,
000,000
1
20
,
000,000
Chicago
' 17
*
5
.
000.000
-St Louis.
' 17
— 5 . 000.000
1 15 , 000,000
Chicago
» 21
--*
— -15 , 000,000
Minneapolis
' 21
122
it
10, 000,000
1
5
,
000,000
Chicago
« 25
tt
2 ,C003000
10, 000,000
’ 14^000,000
• 28
1
5 , 000,000
St* Louis
' 28
7
0 0 0 , 0 0 0
Chicago
30
2
0 0 0 , 0 0 0
5 , 000,000
1 2
0 0 0 , 0 0 0
31
10
,
000,000
Louis
1 31
1
10. 000.000
Minneapolis
31
-

-

0
0
0
0
0

jp

-m

NEW YORK
Pur. Bills

-

-

-

----------------------

-

.

-

-

-

-

-

-

_

-

-

-

-

-

-

-

-

-

-

-

_

-

•

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

----------------------

—

*.

-

-

-

-

-

.

-

-

mm

-

mm

**

~

-

*

-

«

-

-

-

-

-

-

~

-

-

-

'

n

’

S

t

-

V

,

-

-

*

,

-

*

—

'

-

« . . .

-

.

-

-

—

-

-

«
3

7

, 0

5 4

, 6

2

3

’

1

FEDERAL RESERtE BOARD
DIVISION OF REPORTS'AND STATISTICS
August 20, I 919




_

_

-

,

-

-

~

-

-

-

-

-

-

-

t

1

TOTAL

-

-

_

114, 000,000

165, 000,000

16, 500,000

O N F I D E N T I A L
Not for publication.

Discounted or
purchased by
F.R. bank of

■■■

NEW
YORK

BOSTON

St.5'4S
REDISCOUNTS AND SALES OF DISCOUNTED AND PURCHASED PAPER BSTYSEN FEDERAL RESERVE iiU'&.S
DURING THE CALENDAR YEAR 1919*
*
Monthly Summary - July 1919*
__________________ (In thousands of dollars; i . e .. OOP omitted-)________
TOTAL
Rediscounted or sold by Federal Reserve bank of
SINCE JANUARY 1. 1919
FOR
DISCTD.
PUR.
TOTAL
MONTH
SAN
DALLAS
PHILA. CLEVEL RICHM. ATLANTA CHICAGO ST. MINN.
BILLS
BILLS
FRAN.
CITY
LOUIS
K A N

S A S

Boston

15,156

1+0,000

256,252 30,235

226,017

55» 156

New York
Philadelphia

10,012

&10,012

Cleveland
Richmond
Atlanta

:llU ,000

Chicago

;i 6?500

' 65,000

195 ,500

897,333

25,136

872,197

s*

320,000

20,000

75,071

5,071

70,000

St# Louis

2SO,000

80,000*

353,295

19,282

33^,013

Minneapolis*

1

15,070

10 , 070.

I
gi+,467

9U.U67

Kansas City
Dallas
*27,0^3

San Francisco

37,055

Total
Sinco Jan* 1
Total
Pur bills
Dis« bills

2 7 , 0U3

60, 38s
^0,3^3
20, 0U5

11^ , 000-

159.028

531,017

600.000 36,190

-

531,017

600.000 36,190

159.028

’

DIVI3IOI7 OF IMPORTS AND STATISTICS, I2BERAL RESERVE BOARD,
*
,
August 19, 1919*



16,500

165,000
1+6
1+6

332,555

30.000 329,975

-

30.000

-

329,975

5,000

l,

7146, 6^

'
199,^17

'1 , 51+7,227

(a) Acceptances purchased in open market.
,
(c) Libber banks' collateral notes secured by Govt .war obligations.

FED ERA L

R E S E R V E BO A RD

GOLD
S E T T L E M E N T
FUND
X-I654
Sunmary of transactions for week ending Aug.
(In thousands of dollars^
19CONFIDENTIAL
Balance
Aggregate . Aggregate t
: Settlements from August 15 to
Federal
last
Gold ? Gold
withdrawals deposits & : T R A N S F E R S :
August 21. 1919, both inclusive
Reserve
statement
with­
de­
& transfers
Bank of
August
drawals posits to Agent’ s
from
: Debit
Credit
Net
Net
Total
Total
Fund
1313 .....
Agent1s Fund
Debits
Credits
Debits : Credits
Boston
75,435
-—
—
10,000
i ,4 s 9
:
7,93!4
114,947 : 121,698
6,751
New York
—
—
89,955
10,000
10,000 :
5E9
28,279 411,916 : 383,637
33,934
i-hiladelphia
—
46,710
9,000
8,095 : 26 . 3^7
19,000
136,428 : 137,993
8,095
1 , 565
44,821
—
Cleveland
—
285
285 : 12,000
101,972 : 114 ,730
12,758
Richmond
30,986
1
1
5 : 4 ^ ,COO
40,000
380
5
167,277 : 167,657
Atlanta.
„
15,709
2,007 :
4,000
2,007
2,007
7
1,847
35,708 : 37,555
Chicago
101,348
11,080
16,303 : 34.000
4,060
16,303
175,747 : 179,807
55,945
St.Louis
39,078
196
2,500
196
2,500 : 21,500
15,000
5,980 103,027 : 97,047
Minneapolis
—
31,227
—
—25 : 16,000
17,810
230 27,659 : 27,429
25
Kansas City
63,439
—
5,005
34
34 :
1,000
5
3,289
71,032 : 74,321
Dallas
1
0 , 74425s
1,258
2,000
15 :
7,438
4,457
15
39,959 : 44,4l6
SanFrancisco ::
46,716
11,000
2.000
16.000
3.885 :
4.000
618. 48.623 • 48.005
Total
;: 592,168
41,269
43,154 : 185,178
11,467
54,^47
185,178
35,107
35,107 1 ^ 3 4 ,2 9 5 :1 ,4 3 4 ,2 9 5
B a la n c e
F e d e ra l

la s t

R e se rv e
Agent a t

sta te m e n t
A u g u st

G o ld

:

w it h ­

New Y o r k
P h ila d e lp h ia
C le v e la n d
R ic h m o n d
A t la n t a
C h ic a g o
S t . L o u is
M in n e a p o lis
C it y

D a lla s
S a n F ra n c i sc o
To ta l




90,000
63,889
90,000
26,500
38,000
250,345
53,931
20,800
32,360
4,184

81,025
799,034

G o ld
d e p o s it s

d r a w a ls

1919
48,000

B o sto n

K a n sa s

14

:

:
:
:
:
:
:
:
:
:
:
:

10,000
5,000
2,000
—

6,000
2,000
2,000
4,000

D e p o s it s

fo r

th ro u g h

To ta l

!

To ta l

c lo s e

tra n sf e rs

w it h -

;:

d e p o s it s

b u s in e s s

tra n s­

fe rs

to

Bank

-:

W it h d r a w a ls

—
——
4,000

1,000 1,000
—
5.000
37,000 5,000

—
—_
—

fro m

Bank

10,000
—

9,000
—

—
——
—
—
—
—
1,885
1,885

2,000
11,080
—
—

B a la n c e

A u g , 21,

d r a w a ls

—

10,000
5,000
2,000

a t

o f

10,000
9,000

67,889
90,000

2,000
11,030
__

4,000

5,000
1,000
5,000

1,000
6,885

9,000
2,000
5,000

43,080

38,885

48,080

40,053
45,864
27,370
13,556
132,576

28,502
32,832
54,757
4,520
29.983
580,775

Summary of changes in ownership
of gold by banks throu^i trans­
fers and settlements
D e c re a s e

58,000
80,000

6,000
2,000
2,000

105,021

In c re a s e

1919.

—

__

Balance in
fund at
close of
business
Atig.21,1919,
65,741

305"

5,066
:

752

24,500
40,000
255,425
51,931
18,800
37,360
5,184
79,140

808,229

26,005
1,520

33,715

33,715

C O N F I D E N T I A L
Not for publication
'

I

st . 556
OPERATIONS OF BRANCHES OF FEDERAL RESERVE BANKS FOR THE MONTE OF JUNE,
OPERATING EiXFENSES

' AVERAGE NUMBER AND AMOUNT
'OF ITEMS HANDLED DAILY (a)

I113^: cant 1
»
*Per cent1
1
Tof total1
1
O
X
u
Gt
al
^
Sal­
Tfor
all 1 /mount
1
Total
1
for
all
'Number
aries
1

Buffalo

(b)$ 12,612 133,664

Cincinnati

6,471

Pittsburgh
Sal tiii ore
I"?-; Orleans
Birmingham

8,07S
7,172

$S3, 84

j,S2k

1 , 9S7
2,127

Jacksonville

11,506

3,764
3,54/

5-36
1-35

4,063

9,567
o,273
-5, 154
4,304
Louisville
7,273
25, 594
Memphis
5,577
9,353
36, 200
4,867
20, 664
3,267
Little Book:
7,848
4 ,620
Denver
19, 371
Gnaha
7,073 10,528
71 , 037
HI Paso
4 ,727
6,793
30, 451
9,124
Seattle
16, 036 (b) 7,262
33l(b)b, 532.
Portland
7,957
,4d,
1S’ 363 (b) 7,5S7
9,^19
Spokane
Salt Lake City91. 353 (bXl. 272 ij.iJ.76_
Detroit

Total

Savannah

5 4 o ,3 S 7

112,765

1 8 1 ,8 9 5

4oS

73f

(a) Period. May 16 to June 15, 1913*
(b) Including bonuses paid in JunsFEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 21, 1919



IS .51

6-03
6.45
6.32

10,965
11,735

1

i

1

2-23
5.26

4.00

5*15

2.67
4.31
5-79
3-73

5-02

4.4o
5-19
7-63

100 .

Received

1’branches1

’ b r a n c h e s 1

i

11,475
23,775
27, S95
23,950
8,403
6,415
5,477
6,447
7 ,Sl 6
4,817
5,232
11,257

16,519
7,231
7,94 i
6,037
6,444
i i u.ni.
2 0 2 ,5 0 4

1

5*67

11,74

$4 , 403,763
7 , 219,235

$ 5 ,2 8 5 ,0 4 5

7,454,630

1 3 . 7 s 13 , 258,115 15, 272,900
11.83 10, 763, s4s 7 , 225,605
4.15
3,975,555 5,412,650
3-17

2.70
3.18
3 .So
2.38
2.58
5-56

8.16
3 .87
3.92
2 . 9s
3 .1s
7.29

100.

2 ,2 4 c ,725

Other
Duo to Head
deposits
Office
tgr oss
(Average of
(Average
Friday
of Friday
night
Shippe d
night
figures)
figures)

C U B E E N C I

1
darn­
ings

1919 .

1,857,508

1, 926, 723
11 , 741,625
4 , 945,147
2,666,417
1 ,107, S54
2,OS9,182
1,013,743
771 ,187
1,321,953
1, 252,672
1 ,2 2 1,41 7
523,574
4.187,833 1.242.442
1,289,377
3 , 027,000
3 , 177 , o4o
l,5io ,7iS
l,0 7 S ,5 3 2
2 , 780,000
4 , 134,910
1, 540,091
3 , 220,352
2 ,2 2 2 , 434

$4,527,000
3,1^0,137
12 , 225,790
4,072,750

9^3, S30
50 , 347,645

24, 930,560

74, 286,745
40, 698, 350

2.755.500

1 . 223.500
1,451,550
12,885,343
1, 136,300
2 , 129,000

37,781,073

1, 234,471
10, 628,320

14 , 892, S76
7 , 940,569

497,000

5,332,654

4,949,659
15,430,097
22 , 629,932
6 , 216,720
12 , 117 , ll4
15 , 686,135
7 , 060,027
1 4 ,4 4 3 .1 5 1

759,300

3,272,235
7,065,395
ltoO,550

Volunie of
paper
discounted
and
bought

$ 39 , 554,261
23 , 866,202 $24 , 292,136

^11 , 535,496

1 , 628,260
1 , 221,600

Average
daily
bill
holdings

2 ,072,500
1, 742,065
450, SO0
8, 453,091
19
. 760 . soo
**73,500.

7,434,676
10,237,211

5. 605.268

3,844,669

is, 71 s, 71^

7 , 79S,746
3.765.268
4,457,553
10 , 306,125
2 3 .4 8 1 .8 2 7

22,866,359
S ,073,104
5,796,130
35,777,264
15,105,249
15 , 061,205
7,714,741
15 , 981,807
4 2 . 927.962

71 , 851,545 73 , 770,863 54 , 44s ,695 105 , 994,685 190 , 727,405 144, 934,019 435 , 641,051
995,000

780,000

GOLD RECEIPTS AND DISBURSEMENTS 'OOP. EACH FEDERAL RESERVE BANK DURING THE WEEK ENDING AUGUST 1, 1919 .
(Figures do not include gold received from or paid to another Federal Reserve bank.)
st.55s
(in thousands of dollars.)
R E C E I P T S
In "exchange for F. R. Notes
Credite to deposit accounts
Total
'U.
S.
Government' Member '
All other
’ Other banks,
1
1 From U. S» 1 From
Receipts
S.___
Total
'General
Account
1
banks
1
1
member
s
1indivi
duals
r
e
tc.
1
Total
’ Government
_
-gig—
"54
145
199
17
17
4i9
11,216
664
10,664
10,000
52
72
133
128
119
6
119
9
3
285
72
61
11
213
213
4
40
4
36
36
1,446
1,^93
^7
47
1.446
4
4oi
4oi
4o7
2
71
71
73
61
12
6i
2
10
73
65
62
62
3
3
109
10
10
93
.93
iOO --------r------—
1
16/
2 a£J.£----,
......
2,080
10l 213
2J11
12,924 .___2t922____
... "247............... 384.......
17L936
____ HJL S B IT R fLJELl/L T<; N T & _
I
1
In exchange for F- R. notes
T
Debits to deposit accovints
1

C H F I D E N T I A L
Hot for publication

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St- Louis
Minneapolis
Kansas City
Dallas
San Francisco

1
To
' Other banks,
'
To U. S.
Government ' members 'individuals,etc . 1 Total
Bos ton
128
958
21
New York
93 6
879
Philadelphia
879
1,321
Cleveland
1* 321
581
Richnond
581
1,103
101
Atlanta
1,002
757
Chicago
757
346
St* Louis
3^6
52
10
Minneapolis
42
l4i
Kansas City
l4l
10
103
Dallas
93
4
260
San Francisco________
52
— 2r^.192.
„_15.
M “*5
_
a2-_£or_ Sys tem_ _2*3lf.
369
Excess receipts
4,665
145
Excess payments
4,889
»

1

FEDERAL RESERT7E BOARD
DIVISION OFJffifCRTS
STATISTICS
AUGuSi c2., i-vi-?



1
1

U* S#
Government

i4

1 Member 1
1 banks 1

Total

9,521

9,521

10

10

8
16

8
16

5

5
l4

* All o ther '
1 N. S.
»
23

108

Total
Disbursements

10,562
997

1,321

529

525

1,119
762
945
52

53

4o
-- ~14~
’10,199"

4o
? 3

9 /6 5 T

24,606

5,261

6,670

3,256

6,943

169
198

28
42
7,3^7
A I9T

7,703

STATEMENT HOB THE PRESS.
Released, for publication
Federal Reserve Board
S-unday naming, August 2!+;
August 2 3 , 1919*
1919; not earlier
f
CONDITION OF FEDEPAi RESERVE BANKS •
Substantial reductions in reserve deposits, together with a considerable in­
crease in the holdings of war paper, are indicated in the Federal Reserve Board's
weekly "bank statement issued as at close of business on

August 22, 1919*

During the week the war paper holdings of the Reserve banks increased by
Uo ,1 millions, while other discounts on hand declined 9*1 millions.

Acceptance

holdings, owing to the renewed demand for this class of paper by banks all over
the country, fell off 11

.5

millions.

Louis and Minneapolis banks include

Holdings of war paper by the Chicago, St.

69

millions of war paper discounted for

other Federal Reserve banks, as against 71*^ millions the week before, and
acceptance holdings of the Cleveland and San Francisco banks "are inclusive of
Ul .H millions ( as against U2

.5

millions ) acquired from other Reserve banks.

Redemption by the Government of temporary certificates of indebtedness, issued
to
the week before the Kew York and Chicago banks, accounts for the considerable
decrease under this head.

Aggregate earning assets show a decline for the week

of 3 3 millions ,
Government deposits increased

.7

millions, reserve deposits declined 9°<5

millions, largely at the New York Bank, and other deposits including foreign
government credits decreased 11.1 millions.
less than the week before.

Neo deposits work out

6 7 *5

millions

Federal Reserve note circulation increased 12.6 millioaaSt

while the Reserve banks1 aggregate net liabilities on account of Federal Reserve
banknote circulation is given as
week "before.

215*8

millions, or

6,1

millions care than tne

Export withdrawals of gold were partly offset by "old. deposits and

account for a decline of o .3 -millions in the gold reserves .
declined about

9

millions.

Total cash reserves

The banks1 reserve r..-vio, largely because of the

reduction in deposit .‘.i ^ i l i t i e s , shows a rise fro-. > *9 to 51 *3 Per Cent



1

St .^oOst
Seleased for publication Sunday morning August 24, 1519; not earlier .
TWELVE
TOTTER
A
T
,
RESERVE
BJUNKS
AT
CLOSE
OF
BUSINESS
£8<3IS?
22.
-1919«
STATEMENT OF COMBINED EESOUREES AHD LIABILITIES OF TEE
August 23, 191s
August 15, 1919
August 22, 1919
R E S O U R C E S
$
250
,
651,000
$
260
,
507,000
Gold coin and certificates
55} 060,000
591, 206,000
579,480,000
Gold settlement fund - F. R* Board
5,829,000
Gold with foreign agencies
943.961.000
841,857,000
839,937,000
Total gold held ty hanks
1 , 018, 767,000
1,118,894,000
1 , 127 , 028,000
Gold with Federal Reserve Agents
U0. i 23.000
./
121.836.000
IDT. 270.000
Gold redemption fund
2
082
587,000
2
00
051,000
$2, 07^ , 285,000
Total gold reserves
&
;
136.000
___
52
,
215, 0QQ
68.416.000
legal tender notes, silver, etc.
2.151.723.000
2,055,266,000
2 , lU-2, 701,000
Total reserves
853. 508.000
1 , 522, 992,000
1 , 563 , 0^ 8,000
(Secured ly Gov*t. war obligations
5U0,2^-7,000
Bills discounted ( A U other
220, 3 ^7,000
211 , 262,000
23& 56& 0QQ
3
7 ^ ,375, 0 .00
..3
6
2
,,911,.0PQ
Bills bought in open market
2.117.714.000
1,630,321,000
2
,
137
,
221,000
Total hills on hand
27.098.000
30,624,000
27 098,000
U. S. Government hands
274,000
209,000
U . S. Victory notes
295,727,000 * 2 3 ^ 9 ,0 0 0
237,8^7,000
U. S. Certificates of indebtedness
-____________ 62..000
All other earning assets
2
.
813.000
1, 684, 48^,000
2.402.375.000
Total earning assets
11
.
806.000
11 806,000
Bank premises
89, 631,000
102,748,000
Gold in transit
or in custody in foreigi countries
601, 933,000
928, 030,000
865, 927,000
g fo 3,9.9,.000
Uncollected items and other deductions frcan gross deposits
763j .i ?.9«oo Q
958,000
11
,
313,000
11 382,000
5$ Redemption fund against F. R* bank notes
11
.
294.000
9, 503, .0 0 0 .
s,m ,ooo
All other resources
5.553.188.000 4,353,987,000
5 . 444. 096.000
TOTAL RESOURCES
L I A B I L I T I E S
84. 400.000
77 , 750,000
84.730.000
Capital paidr-in
81
.
087.000
1,134,000
81. 087.000
Surplus
173
. 027.000
** 58, 590,000
103.330 .000
Government deposits
1,459,480,000
1 , 772 , 365,000
1 , 679, 834, ooo
Due to members — reserve account
450,9^7,000
**
670, 539,000
605
.
812.000
Deferred availability items
112.597.000
109.210.000
qg.D98.000
Other deposits, including foreign Gov’ t, credits.
2
.
616
.
704.000
2
,
196, 051,000
2
,
487
,
074
,
ooo
Total gross deposits
2
,
5
^
,
904,000
2
,
032
, 837,000
2,553,53^,000
F- S* notes in actual circulation
209
,
709,000
16
,864 ,000
215
,
795,000
F* R* bank notes in circulation, net liability
20.384.000
.
29
, 351,000
2
1
.876r000
All other liabilities
5
.
553
.
188.000
k
,
353
,
987,000
5 , 444, 096,000
TOTAL LIABILITIES
♦Includes
one
year
Ratio of total reserves to net deposit and F» R« note
Treasury notes
50 . $
56 . 7$
51 -3 $
liabilities combined
Ratio of gold reservss to F-R- notes in circulation after
61. 4$
73-7$
61. 7 $ ** Amended figures
setting aside 35 /^ against net deposit liabilities



$,

,

, }

-

,

,

..

,

> Released for publication Sunday morning August 24, I 919; not sarlier.
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS AUGUST 22,-1919R E S O U R C E S
Eos ton

Gnld coin and certificates______

5 ,^ 2

' S i d B o u i S e ^ t o d ! M J o a r t J l ib2

- ••
St~5oOb

(In thousands of dollars-)
New York Phi la- Clevel* Eichrru Atlanta Chicago St-Louis Minn- Kans *Cv. Dallas San Frarv

■l 6l , 390

87^5

628

27,465

He.joH- 5£

2,365
. 29,399

7,910

24,082

2,52*

8,384

l4o

io.930 131.176

30,169

3M 50

53,127

10,676

9,511

260,507

36 4 6 ^ 4 ? ? ^ °

7 2 ,5~9^
2^8,575 51,332 80,031 3 1 , 1 8 , 8 4 0 155,258 32^93_ % 2 , 534 53,267 15,420 V i , 679
Gold with Federal Reserve Agents- 70,252
283,270 7 7 ,5b6 120 ,66 2 25,852 44,006 26^,4o2 53,891 35,261 51,120 Ifjjf® ^ ’ S
S o l ’L
Gold redemption f u n d -------- --------------- ----- :— 121— J,iA ( 8— ^.iirX3_
— JLiLO — _j5 _3—
? ^
ili^n ilin
Total gold reserves — ------ 159,581
557,162 127,717 2 0 1 ,^ 1 65 29U 6 8 ,11 9 ^5 6,5 53
81,
l5o, 825
Legal tender notes, silver, etc--8. l 6j
59, IP S _________ dP3______ 85_8__ —
... It..3Q9 ...Aj2-JJ-- HjJ2.20--- 72 -- 12__— , >
---^110’ 7m
Total reserves___________________ 167,755
606,270 127,986 202,349 65,728 69,528 54S, Ip- 97,0lU 81 ,¥56 98,983 36,50^ 141,084 2,142,701

' V Total gold held by banks _______

Bills discounted:

^oUigations^al-------*______ 107,163
All o S r
___________________
S 517
•_Bills taught in open market (b) - 35,756
Total bills on hand___________ T5I7536
U*

8 - Government

bonds — ----- -

!?3S

619,361 180,285 100, 1S1 73,373
“6 978 17 192 11 110 1^272
105,8“3
772,182

812 U6. 660
7,“25
198,289 157,951 95,070

1, 0 7

1>Q9^

78,167 158,“ 50 60,095
13:37“ 20,025 9,“58
4,861 “5,722 8,500
96,'402 25“ ,157 78,053

1, ?3^

37^

^,^77

30 . 66U 3 5 , 70“ 33,712
3,836
21,195

55.695
ll6

1*3-53

U. S. Victory n o t e s --------1450
5
U .S . certificates of indebtedness
21.5)6
65.170 25.902 21f923
8,495 11.979 32,.6.12 17,068
173,525
838,659 225,576 180,968 105,799 108,762 291,286 96,275
Total earning a s s e t s ------Bank premises---- --------800
3,995
500
875
%7
563
2,936
691
Gold in transit or in custody in
.
foreign countries--------- 102,758
Uncollected items and other deductions from gross deposits —
59,291 186,553 7-1*-669 66,836 62,417 29,555 85,299 57,776
* 51° Redemption fund against F. R.
bank n o t e s --------------1, 0J 2
2,24$
1,293
96b
448
579
1,799
S4o
A ll other resources------------- 341______2,306
752 ___ 9 97
1,052
329
1, 557
609
tot,\l RESOURCES---------- 4o2, 673 l , 742,769 427,776. 552 ,991 234,281 209,015
(a) Includes bills discounted for
other F.R. banks, v i z . '---

_

_

(b) Includes bankers' acceptances
bought from other F-B»banks:
% t h their endorsement —
Without their endorsement

-

-




_

_

-

_

5,585

_

-

831,021
38,990

-

243,

STS6 S

15,970
375
93

15,000

67,53.9

28,823

852

^7 ,0 9

-

41,562

763,179

1

460
450
11,382
5 5 3 ___ 586--- §50--- 2*-2Q5_
3^6 ,8 1 45 ,4 4 4,09 6

-

68,990

-

2,633

-102,748

204 161,294 255,939.136,719

15,000

-

3>9C)6

l50
~
"
7 .55_0 12jJJ2.-- 6 , 3QQ
6 . JbO--237
63,501 86,620 70,137 l62T4oo 2,402,375
502
308 '
400
11,80b

-

50,893 ^ ^ .o - jZ
29.253 20,3“ S 16,899
211,262
23
811 85,303 . 362 ,9U
64,980 59,871 153,095? 137,22a

-

35,879

~
^l»3o3

Eslaasad for publication Sunday morning August 24, 1919; not earlier,
WEEKLI STATELIEST OF RESOURCES AND LIABILITIES OF THE EEEERAL RESERVE BANKS AT CLOSE OF BUSINESS AUGUST 22,
(In thousands of dollars.)
L I A B I L I T I E S
Capita

---------------

I g g g

. . _______________
q’ bQS
^ p ^ ^ r v e ' I w o m t l 105!027
Deferred availability item s-— 51,121

gT g &

7,752

28*812
7 5l4
7.SS3
6661383 102,338 1 2 M 5 3
l49 ,359 62,409 53,302

3 ,3 3 .
1, 8b4
55,397
52,434

6,073 10,302
44,752 247,529
24,201 70,293

2>,93*

12,g3?
103,^30
9 i,9?« 1 » ^ 9 ,8 3 4
19,3-^
uO;>,6x2

192,o46 113,492 77,967 339,165 1 » , J 0 0 J l ,a § o 136,951

7^,9*2

122 , 969’ 2,487,074

' Total gross d eposits___________

171,739

228,032 179,565

F-- f . notes in actual circulation

195,600

749,975 208,527 225,44s 104,455 112,991 >+34,726

6,702

3,797

2>94l

6,184

63,295
3 9 ,^ 0

4 ,5 /9
51,213
12,40,

^ T J O
S I ,057

U.577

5,044
81,41
40,671

5.83^

7.30^

19.19-

u } > $ Cn
^ °905 St«fo°oos
^
.

0 tf S , S ° J c ' o r S o i t dS f d i t s ____

43,484

oz.'jSvc

10,321 _ 3 , j . 2 ^ _ 2 1 3

106,260

3,1^0

457745

^

77,231

92,966

46,807 1S2.4EB

2, 5 5 3 3 3 ^

net iiatilit 7 ----------All other l i a b i l i t ie s ---- -

21,436
1.750

42,056 25,046 18,807
7,907 11,091 33,001 16,449
b,SS 0 1^,050
2,812
8,150
2J5.7S5
7.759___ _________ U E l ___ ^ 00 3 ______ S 0 _ _ ^ 5 4 _ --206--- 650-- 1,122--- <£1-- 1,612-- 2 1 ^ £ 6

TOTAL LIA B ILIT IE S____________

4o2, 673

1 , 742,769 427,776 452,991 234,881 209,015 531,021 243,204 161,294 254,939 136,719 3^6,814 5 , 444,096
M E M O R A N D A

Contingent lia b ility as an dor so r on ~
Discounted paper rediscounted
with other E* R ‘ b a n k s ---Bankers 1 acceptances sold to
otner E*R» b a n k s --------

r ^ non

10,99^

~

“

2,^0 0

~

^

1390

FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION,
F . R* notes outstanding

F. E. notes hold V

----- 202 139

b aS k -----

6. W

F.R-notas in actual circulation 195,600

Bills discounted----------Bills bought in open market-- U-S. certificates of indebtedness




828, 9^2 216,973 237,5^9 109,282 118,316 ^62,157 12^,295

78. 993

8. UU6

12.121

M 33

5,325

27,371

80,107

18,035

2 , S7o

7 U9 , 575 205,527 225 , W s 10 1*, 1(55 112 , 9 S 1 Itjit, 786 166, 260

77,231

99>^57

92,966

>*6 , 807 198 ,>88 2,553 , 53^

DISTRIBUTION OF BILLS AND U, S- CERTIFICATES OF INDEBTEDNESS BY MATUEITIES.
Within 15 d ^ s
l 6 to 30 days
31 to oO days
6 l to 90 d^ys
&yrf 90
Total
1 Lj.gg 31 I4.
47,316
144,035
2 4 ,9 9 ‘>
9,652
1,77 ,310
* gL|/ 915
72,696
145,246
^>0,054
_
3 ,>
22*839

11,751

19>&75

2^60o

152,77^

’ j4‘

Released, for publication Sunday morning, August 24, 1919; not earlier-

St.560d

STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS AUGUST 22,

1919 .

(in thousands of dollars-)
Boston New York Phi la. Clave 1. Richrav Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran, S»tal
FEDERAL BESEBVE NOTES:
lie ceived froia Cajiptr oiler - - - - - 369,320 1,717,420 “
+32, I SO 38&^5"6o 230,obG 244,CCu O<j0,o40 2^4,120 137,380 1(2,720 105,l60 312, GoO 5,019, o i0‘
id .to Comptroller------- 139, 161
Charp^e'oie to F." R . A gen t________ 230,159
In hands of F- R» A gent_____________28,020
Issued to IP, P.*- bank less amount
returned to P * A g e n t for re. cn - -- -- -- -- --

202,139

753,452 186,427 124,271

363 , SoS 246,353 26l r %
jT"b00
135,000 29,380 ZhrfSZ

33,514
137,766

28,478

65,074 194,243

§3,115 40,$13

175,326 4s6,597 141,005 96,467
60,6l0

24,4^0

16,710

828,96s 216,973 237,569 109,282 118,316 462,157 124,295

16,360

SO, 107

63,203 38,522 £5 ,6 0 7 1 ,872,302
109,517 66, 63s 226,453 3 sl 4 b 7 W
9,860 17,120

6,700

3S?i49s -

49,518 213,753 2 ,748,740

99,657

COLLATERAL SECURITY FOR OUTSTANDING
JV\j CjL~
J-

Gold coin and certificates on
liand _ _ ___________________________

-

183,740

-

18,125

-

2,500

12,252

19,539

19*677

12,537

1>352

4,506

Gold settlement fund - F-R« Board - 58,000

£0,000

57,889

90,000

24,500

37,000 256,625

545,689 l 7iQ1407 116,907

83,4^6

74 ,3 10

Gold redemption fund

-------

Eligible paper, rsiniuruEi required
Total

-

------------------

131,887

202,135

AMOUNT OF ELIGIBLE PAPER DELIVERED
TO F- R* A G E N T ---- ------- 151,436




828,958 216,973

8,837

13,052
1»960

2,409

51,931

18,800

13o,695

-

S,Sj,l

-

2^6,248

3»760

2,473

15,^48

104,350

37,360

5*184

79,141

796,430

70-404 ___45,84b5.8,531—

237,569 109,288 H 8 ,3 i 6 462,157 124,295 80,107

99,°57

33 j-S^O_125j.^.6h-_1j.fofl,7,12

49, 51 s 219,753 2,74s,74o

_

771,993 l 4 l ,724 156,981

91,111

88,819 254,188

76,329

50,308

64,980

59 , 8 7 1 1 ^ 0 , 9 2 5 2 , 039,265

St .561

s w m m i FOR THE PRESS.

Released for publication
Kin day irnrning, August 25
“..... j; not earlier %

Federal Reserre Board
■
August 23 , 19'i9 *
CONDITION OF MHflBER BANKS*

Aggregate increases of l6**»S millions in loans and investments, of which 3^*7
millions represent net additional investments m Treasury cerbnicates, accom­
panied hy gains of 3 21*1 millions in net demand deposits and of 7J>#^ millions in
Government deposits are indicated in the Federal Reserve Board4s weekly statement
of condition on August

15 of 7^9 member hanks in leading cities -

Practically no changes are shown in the totals of United States honds and
Victory notes on hand, while war paper holdings show a decrease for all reporting
hanks of 6.S millions.
week of

All other Icars and investments show an increase for the

132*3 millions, hy far the greater part of this increase being shorn for

the hanks outside of New York City*
For the first time the statement segregates the’ amounts of loans secured by •
stocks and honds, other than United States securities*
2,9^6 millions, of which

■The new i^em aggregates

1 ,310.0 millions represents the amomt of such loans

carried hy the New York City hanks*
Aggregate holdings of United States war securities and war paper increased
from

3 ,U5d .6 to 3 ,’lSo .3 millions and just as the week before constitute 2 3 .k per

cent of the total loans and investments of all reporting hanks.
City hanks an increase in this ra.tio from

For the New York

26.3 to 27*7 Per cent is noted.

The

week saw cons:’1dorah Is concentration of Gov ernment deposits at Nevr York City hanks,
while gains in other demand deposits (net) were more evenly distributed among all
reporting hanks.

As against a reduction of •^■•5 millions in cash on hand the

hanks report an increase of
Federal Reserve banks.




5 .S millions in their reserve balances with the

f

■
xoasoa

xox- publication

aion-jxy uiorning August 25, 1319; i ot earliar.
S t . 561a

SiAl'SOTT SHOWIN& PRINCIPAL ESSOUECE iSD LIABILITY ITJMS OF I/EMBER BANKS HJ LEAMNGr CITIES.
1.

Comparativ3 data for all rsporting Panics.____________ (in thousands of dollars.)
tog .15,1313 *

Feb .14,1919 •

770

773

771

circulation - - - - - - - - - - - - - - - -

26s,988

270,231

260,095

262,760

Othor U- S. bonds including Liberty bonds - - - - - - - - - - - -

641,359

641,315

652,490

693,571

U* S. Victory notos - - - - - - - - - - - - - - - - - - - - - - -

32s ,407

32S ,671

-

-

1 ,133,036

1 ,160,302

2,222,332

1 ,729 ,17s

Total U. S* socuxitios - ----- ------------ --------

2 >37,730

2 ,400,519

3A72,917

2 ,690,509

Loans sscured by U- S* bonds, otc- — - - - - - - - - - - - - - -

1 ,319,521

1 ,326,236

1,0<30,030

1,153,467

Loans secured qr stocks and bonds other than U-S~ securities

2 ,345,970

( ll,o4l,2S3

10,423,511

9 »362~7o4

U. S. bonds to

socutj

*

U* S- Cartificatas of indebtedness

r

May l6 ,1919

765

ifumbor of reporting banks - - - - - - - - - - - - - - - - - - - -

*

Aug -3,1919 *

--

(
(

All other loans and investments - - - - - - - - - - - - - - - - -

S.7227,5S9

Reserve balances with F- R . bank

1,353,033

1 ,353,345

1,317,760

1 ,225,311

346,705

351,220

360,596

336,454

10 ,565 ,77 ^

10 ,744,722

10 ,571 ,5^7

9,9^3,569

1,332,7©!

1 ,332,694

1,713,354

1,623 ,370

G-overment deposits - - - - - - - - - - - - - - - - - - - - - - -

624 ,494

551 ,4o6

434,34s

552 ,634

Bills payable with Federal Reserve bank - - - - - - - - - - - - -

1 ,005,066

1,033,510

1 ,312,063

1,073,930

----------

320, 297

333,310

243,002

322,357

r Ratio of U* S« war securities and war paper to total loans and
^in v e stn e n ts, per cent - - - - - - - - - - - - - - - - - - - -

23.4

23 .4

27 a

* Cash in vault - -

-

-

-

- - ----

----- - - - --- - - ----

Net demand deposits - - - - - - - - - - - - - - - - - - - - - - «, Tine deposits

Bills rediscounted with Federal Reserve bank




26 .<

Released for publication Monday morning August'25, 1915; not earlier.
~Trr,T^o
Si Sblb
STATEMENT SHOWING PRINCIPAL RESOURCE IITD LIABILITY I THIS OP li-MBaS BANKS U* L^.DIi.G- oI^Le*,-.
bt*5Dit)
p
n -,+,1 fnr a n r , ™ r tins; banks in each district, as at close of business August 1 % _1519j:-- (in. tnousanas, of dollars^; -- -- ------- ---- ----- Boston K e „ W
FbiJ.a> 0 ^ 1 . Me to. ^ a n t a < ^ 0 St^ouis
^ . C ^ a s
San^an.
.of l
5 & S £ f 5 * .£ £ !
Other U .S . incl. Liberty bonds

55: s ! ; » I u

n « t3 s of
Total u. s. socuritias — -—

lM < *
17 379

4s , 060
* , 6o6

57:116
100,190

w .b o

961,677

11,596
35,011

119,157

41,858 25,744 1U.715
g , 638 37,868 26,528

20,583

6 o > 33
1 0,839 117,773

i98>-j
3^,

236,074

54,21,

i , t o ; 539 i S ’. o ll 283 :o5o io l: 7 U8 j * j | . & « £
t & M * 439:700 777:839 w h * 275: 5 0 8 1 , 206,592
Reserve balances «itii F .x . b«*- 76,256
684,183 69,188 89,761 36,286 30,296
176,502
22,859
118,788
16,138
30,770
16,199
12,836
63,799
Cash in v a u l t ------- --’
957
Uf
93^278
66
<
5
^
8
2
1
,
3
6
2
335>9
260’
,
036
1,373’
,773
Net demand deposits-------- 752

i r - s r s
ii'ill other

?iiu3

p

5 IZ

S

r &

z &

W

i

11 S22
deposits------------ 111
+A
-t
56*257

331 70s 21 9U5 292,616 91, 9^1 115,230
322*574 4i* 157 35 496 15 950 19,357
Ix^le tx;1 ^ 50:979

17, 155
16.167

7,120
U .l |

i4,2l6
g ,2 g02

15,050

23,702

35711

18,727
1 „ ,7 £

,5 3

3

je m s M
23,935
7,952

3 0 ,4 u
15,054

22,06,
9,665

l',3191521

s ?

i - M

o0,734
20,898

1,359,099
.
3^ ,

320_*_297__
q t.iar

10jjQj. uxii^

P.R.branch cities
banks
Aug. S'--- Au§ ']p
AxLg\ ? 0
71
71
44
44
260
ft ?--7
^7,7
10° ^24
102 730
Ember ox reporting banks--------и. S. bonds to secure circulation--Uo, 1 $
3^,363
1,3^9
1> 1 9
105,070
l ^ .^ l
o ^ 7
<g»g7
^ 2 089
l4l’ 2 s
Other U.S.bonds including Libertj bonds
265,392
267,103
21,501
21,930
322, ££>
3 3f3 7
,»5°
»
fii’ anx
6P), OQ3
U. S. Victory n o t e s -- ----- ----115,890
111) 872
23^52
2**) 954
190,611
!87,677 J M 5 7
75,637
lSl’ ols
u. s. Certificates of indabtetoss — - 391*,738 H55.U68____ lii,9 3 9 ___ 113.92X-- g y | 7 a | fe 255,39°
^ I | i ----- ^°o ’ ° f |lotal U- 5 . securities----------a 6 !lS 3
872,806
l6 0,7fl
1®;22U
1 .^ 9 . ^
J’ ^ , 5 2 7
510,753
5OT, 0rt
»70,097
W .2 5 ,
Loans secured
U .S . bonds, ate---672,703
681,093
72,822
70,731 i , 066,324 1,061,2^3 135,7>*0
13^, J 5
12“ . 222
123,q97
Loans secured V stocks and bonds--- , , .
. (^,310,336
£56,331
> » 3^*
,> t'v jv ™-p . q[,, ggg
X, Rqp’ pp i
All otnar loans and in v a s t ^ n t o -- — 3.890,975(2,611,952
916,^22
(669,274 7,3f5, 8|S <5 164,516 1,771, °S9
l66’ 608
647,334
648,428
120,4 33
118,193 1,018,166 1,015,136 170,311
177,355
164,868
lo6,608
Reserve balancas v,ith J .E . b a n is ----

Tiiie daposits
---------------Government deposits------ ----- -—

271,106
231, (L(

S m
£ £ IS ! s s r ™
^ :? 4 j
Ratio of U .S . war securities and war paper

y

total loans and inv3sta3ntsypar cant




^o«.9

u

Chicago
Aug.'S---Aug.15

26,753

3 is’,502 257!073 ^ 1,652
511 . 29s
444,476 99»9U 56,907 77,999 30,20U 207, 9^2 1,862,701
^7,53^ 22,464 16,516 24 7 is i4,l44 .^>3^7
* ^
. s t o 22,032 ^
^
jm * w .* *

-- ■t/J’ J?
Bills ro^sco’ontei_wife_l’^E-baak__^Ji|Op____lJ|-?<_622___^j_775— IJjjHOO—
— 5j 335---IPjJJi?— 29^3^-.-- ?JJ:—
з . Comparative data for banks in Federal Reserve bank and branch cities and all other reporting,,,.panks_._ -------------—
c---_—■
— ---- ----New York
Aug- & -Aug. 15

|6S ,988
641,359

^ ,7 0 9 ^ . ^ . * 5

271,859
39,482
n , 707

b

34,605
4 l ,g 2

2b7,93«
3 U*+, (oa
, i

:

S

i l ? :! !

u

’

i

1W
:

f

e

3

#

All P-R-bank cities
Aug.'S----Aug.l5

§

&

:

i

7 ,

«

^

i.ii,
’Ilk *

s :« i

c-7 -7

^ > 1
2^ u

27^7

c:U«*x

'

in
^

<?m

95*

I

is?7 U7 c;
2 9 :» »
23^

g
?2R
l

lU6

“ 6:723
^

^

&

1

lUn ^42
w c w

13^

C O N F I D E N T I A L
Not for publication

RATIO OF TOTAL RESERVES TO COtiBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES};
RATIO OF GOLD RESERVES TO F. R* NOTES IN ACTUAL CIRCULATION,
S t .562
AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF ALL
FEDERAL RESERVE BANKS.
-Jkugust 22, 1919*

Ratio of total reserves to
net deposit and F.R. note
liabilities combined
Aug. 15--Aug. 22

Ratio of gold reserves to F.R.notes in
actual circulation after setting aside
35$ against net deposit liabilities
Aug. 15--Aug. 22

Ratio of gold and
lawful money reserves
to net cLeposits
Aug. 15— -Aug. 22

Ratio of gold reserves
to F. R. notes in
actual circulation
Aug. 15--Aug. 22

Boston

55.6

51+.5

67.6

65.6

72.6

71 .S

145*6

1+1+.5

Haw York

U5.3

1*5-0

54.2

52.9

50.0

1+9 . S

U1.3

1+1 .1

FniladeIphia

1+1.6

I40. 1+

45.1

U3.3

1+3.6

140.0

1+0.6

Uo .7

Cleveland

54.0

57.7

65.1+

70.3

53-2

61+.6

54.5

53*9

Richmond.

1+1 . g

1+2.3

1+5.6

1+5 . s

5S*9

63.0

32.6

32.1

Atlanta

1+5.3

I+9.5

1+6 . 1+

1+9.0

1+1.5

1+3.9

1+3 .6

Chicago

60.7

65.1

76.2

82.6

1+6.2

61.6

69.4

67*1

St. Louis

59 .U

56.5

7I+.I

69 . S

61.2

5 7 ’0

5 S .3

56.3

Minneapolis

62.S

61.5

S2.3

so .5

SO.g

77*3

50.2

50-3

Kansas City

59*2

61.0

so . 6

S0.3

72*7

76.9

1+1+.0

I+9.0

Dallas

1+1-9

39-3

1+7.7

1+3.5

1+3 .2

3 S .1

Uo.s

1+0-5

San Francisco

50.5

1«.3

57.9

55.7

55^

52.6

k&.O

50.9

51.3

61 . 1+

61.7

53*9

56.0

1+g.S

TOTAL

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 26, 1919




1+3-0

..if f

*9 ...

1+2.3

St.564

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
1
’Uncollected1 Deferred 1
1 items
' availability 1
'
’
1 items
1
1
1
f

Federal
Reserve
Bank

"FLOAT"
’ "Float" after adding net debit ' "Float" after deducting National and F. R.
bank notes, also net investment in
1 Ratio to ' or deducting net credit in
’
transfers froia second calculation
1immediately ’
Saturday's settlement
1
t
Ratio to immediately
/mount ' available '
1 Ratio to immediately '
available deposits
• deposits ' Amount ' available deposits 1 Amount 1
Per cent
Per cent
Per cent

59,291

51,181

8,110

6.7

S.5S9

7 .1

is 4,o 43

149,359

34, 684

4-7

48 ,479

Philadelphia

71,669

62,Uo9

9,260

-7,9

10,37S

Cleveland

66, S36

53,308

13,528.

9 .8

8,178

Richmond

62, U17

52,^34

9.9S3

16 .4

Atlanta

29,454

24*201

5,253

Chicago

85,299

70,893

St. Louis

47,776

Minneapolis
Kansas City

Boston
New York

Dallas

August 22, 1919

.

2,324

6-9

6.6

48,479

6.6

S,9. .

ao,578

9.0

5-9

7,530

5-4

5,249

8.6

5 , 16s

s .5

9,8

2 , So4

5.2

2,5S5

4.8

l4,4o6

5.4

17,707

6.6

12, 885

4.8

39,696

8,080

11.0

8,893

12.1

7,689

10.5

15,970

12,407

3,563

6.1

4,439

7-6

3,620

6.2

67,539

46,671

20,868

23 .1

17,009

18.8

s,

159

9.0

28,823

23,934

4,889

9.6

6,521

12.8

4 ,229

8.3

20.3

16.621

15.2

8.142

7.4

8.2

154,867

8.2

127 , 3 SS

6-8

•

•
San Francisco
TOTAL

41,562
760,679

.... 19,319

605,812

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 27 , 1919



.... 22,243 .
154,867

C ON F I D E N T I A L
Not for publication

COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABI LI TY ITEMS.
( In

Bank

UNCOLLECTED ITEMS
'Checks' National Bank'
'
*
1 and ’ notes and ’
'
1
Clearing 'other *bank notes of'Transfers 1 All other '
1 casfe 1
house
other
' bought 'uncollected1
Exchanges 1i terns ' F. R. banks '
1
items
1

265

1,000

631

20, 91S

8,444

-

Philadelphia

4,310

2,574

-

Cleveland

4,702

6

44s

Riclmond

3,462

65

• SI

Atlanta

2,837

192

219

Chicago

4,965

St. Louis

1,446

Minneapolis
Kansas City

Boston
New York •

Dallas

I

1
Total

1

1

August

d o lla r s . )

1

22,

DEFERRED AVAILABILITY ITEMS

f
I
'
Gold
' Settlement
' Suspense

1919*

1
1

Transfers 1Government1 Other '
1 transit 1 trans i t '
sold
1
items 1 items *

Total

56,595

59,291

17,794

-

-

33,327

51,181

* -

154,681

184,043

70,060

-

•

79,299

149,359

-

64,785

71,663

23,233

704

37,672

62,409

6i,4ao

66,836

15,507

-

509

37,292

53,30S

•

58,809

62,417

20,864

-

2,146

29,424

52,434

-

26,206

29,454

4,688

-

i,6 l4

17.S99

24,201

•

200

200

4,325

75,512

85,299

28,405

-

1 , 178

41,310

70,893

163

554

650

44,963

47,776

15,361

-

132

2 4 , 203

39,696

1,471

l

4i

77 s

13,679

15,970

5,542

-

251

6,614

12,407

1,237

374

370

s,4so

57,078

67,535

9,437

-

37,234

46,671

523

1,564

23s

2,074

24,424

28,823

7,672

20

2,265

13,977

23,934

22

157

8,325

30,124

41,562

5,110

3

742

13,464

19,319

14,036

2 .S 70

24 ,832

668,336

760,679

224,273

223

9,541

371,775

605, S12

1

50,605

-

..

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 27 , 1919



1
1

o f

497

San Francisco .... ...2, ^
TOTAL

th o u sa n d s

St.564a

-

FEDERAL RESERVE BOARD
X-l66l
FUND
GOLD
S E T T L E M E N T
CONFIDENTIAL
Summary of transactions for week ending August 28,1919?______ (In thousands of dollars)
Settlements from August 22 to
Aggregate
A
ggre
gat
e
I
: Balance
August 28, I 9I 9 both inclusive
Gold ^withdrawals deposits & : T R A N S F E R S
Gold
:
last
Federal
de- :& transfers transfers :
with­
: statement
Reserve
Total
Total
Net
Credit
from
: Debit
posits
:to Agent*s
drawals
:August 2 ^
Bank of
Credits
Debits
Debits
Agents "Fund
fund
i
’ 115,001
104,996
9.000
Boston
:
65,741
327, 028.
27,942
404,325
5.000
77,297
5.000
Ty'0W York
i 105,021
124,663
125,255
5.000
105
1,069
2,000
105
Philadelphia : : 40,053
110,009
92,409
6.000
482
2,000
482
45,864
Cleveland
2,000
134,261
129,658
33,000
8,600
6
38,025
6 8,600
idehmond
27 ,3 '0
32,586
35,143
1,000
2,557
1,052
Atlanta
5
5 1,052
13,556
166,454
159,440
16.069
17.000
509
7,320
Chic ago
509
131 *576
15,800
91,556
91t773
237
12.000
2.000
525
2.000
2 S . 5C2
10,525
St, Louis
26,247
23,710
9,000
82
7,225
82
32 ..8^
Minneapolis
71,365
:65,703
10,942
24
40
24
40
Kansas City
5 4 ,75?
40,001
39,320
3.000
2.000
2 02-9
84
84 2,029
Dallas
4,520
3
1 ,m
2.000
31,393..
2.000
iLOQPJLUQQ L
San Francisco
JL3.QQ
29,955
1,303”!'133
= 80,091
108,036
r
80,091
1,303,133
108,036
21,883
39,280
Total
5^0,775
! 9.960 21,883

,

F E D E R A L
Federal
Re serve
Agent at

Balance
last
statement
August 21

*•

R E S E R V E

1919
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St.Louis
Minneapolis
Kansas City
Dallas
S'nFrancisco
Total

58,000

z




80,000

67,889
90,000
24,500
40,000

255,425
51,931

A G E N T feT F U N D
Deposits
Total
thro^Lgh
with­
transfers
from bank drawals

:Withdrawal;
Gold
rior trans­
Gold
with­ deposits; fers to
: Bank
drawal s
—
—

10,000
—

2,000
3,000
5,000
2,000

p—
—
—

,—
—

18,800
—
—
: —
37,360
—
5,184
1,000
79,140..... __
—
808.229
: 23,000 :

:
:
:
:
:
:
:
:
:

:

—

2,000

10,000

7,320
10,000

2,000
3,000
5.000
2.000

:Baiance at
jjclose of
Total
de-posits business
August 28,
___ I 3 I 9___

2,000

90,000
22,500
37,000

7,320
10,000

37,360

——
. 10,000

29,320

.23,000

Decrease

129,320

:Sl4,549

7X67746

60,666
42,681

55,946

35,542
11,046
131,848
23,540
33,676

49,461
8,146
44,080
: 563,378

Increase

1,005
49,355

4,523

11,600
422
3,557

6,083
3,563

762

5,280

4,184

1,000

close of
business
Aug.28,1919 1

Summary of changes in ownership
of gold by banks through trans­
fers and settlements

257,745
59,931

18,800

—

.. J!-— — -:

58,000
80,000
59,889

Balance in ^
fund at

58,614

1,681
.. 29 , 39-7
58,6 i 4

SOLD RECEIPTS AiMD DISBURSEMENTS OP EACH 1EIEEUL RESERVE BANK DURING WEEK ENDING AUGUST
(Figures do not include gold received from or paid to another Federal Reserve bank, ,15- 191S St.569
______ (In thousands of dollars.)
____________
R E C E I P T S
i
Creditsto deposit accounts
1
In exchange for F» R» notes
'U.
SGovernment'
Member
*
1
Other
banks,
' All other 1
Total
Fran
1 From U« S»
'General
Account
'
banka
1
Total
'
individuals,etc.
Total
'
N- S.
Receipts
1 Government members
145
145
38
107
Boston
10
, S13
43S
10, 438
10,0 0 0
76
305
56
13
New York
121
121
11
132
6
5
Philadelphia
154
154
282
113
15
62
51
Cleveland
8
47
55
8
47
Richmond
46
46
2,013
1,367
1,367
Atlanta
21
6
4io
2
4
3 s3
Chicago
2
l
57
1
53
St. Louis
16
50
50
75
1
s
9
Minneapolis
8
23
31
23
D
Kansas City
150
_
125
25
125
23
Dallas
156
2Q0
10
156
34
l
ii
OcUi jJJLoUio icuv
14,369
J&^QOl________ l ^ 3 6 _ _ — 11^52.7
_ 363
Total for System_
-k26?________252___ _________ 13}________
f
S B U R S E M E N T S
1
t
1
Debits to deposit accounts
1
In exchange for F* R+ notes
1
1
U* S.
1 Member
1 All 0ther *
Total
To
1 Other banks, 1
' To u. s. 1
1
Government
Total
f
banks
individuals,
etc.*1.
Disbursements
' Total ' .... N. S.
’
1 Government 1 members 1
166
166
2
164
Boston
5,7
1
2
6,715
5,712
49
954
343
5
New York
120
4i9
533
419
Philadelphia
1,710
—
50
1, 66o
1,060
Cleveland
2I}.
289
2^
265
265
Richmond
1,483
1,480
3
1,480
3
Atlanta
649
649
649
Chicago
r*
816
654
162
162
St. Louis
46
46
Minneapolis
43
3
—
125
15
110
Kansas City
110
229
>
42
313
i
+2
42
10
Dallas
32
3,687
128
1
3,559
72
San Francisco
35l
_6fcosi_
__Total, f or_System____ 6„QQ5____
.-5JS1____ I __________
.J S .
.J l l
10,001
170
189
5,si6
Excess receipts
2,169
4,307
4,185
3 , 67s
Excess_payments___
______
Q N F I D E K I I ' A l
Not for publication

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
AUGUST 29, 1919



-

-

—

-

—

•

-

__________________

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

_____________________

—, -