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Released, for publication Sunday morning Dec,. 1, 1912; not earlier.

St

.90

STATEMENT FOR THE PRESS.
November 3^» 1918*
Large increases in the holdings of war paper, offset in part by redactions in
the amounts of other discounts and . Government securities carried, are indicated
by the Federal Reserve Board’ s .veekly bank statement issued as at close of business
on November 29 , 1918.
INVESTMENTS: Of the total increase of 1 3 1 .3 millions in the volume of war
pai-er reported fl.U millions represents the increase at the New York Bank, the
other Eastern banks and the Atlanta Bank likewise showing substant-ially larger fig­
ures than the week before. Other discounts decreased 25*5 millions, mainly at the
New York, Chicago and Minneapolis banks. A decrease of 55*5 millions in Government
short-term securities is due larjely to the redemption of the temporary Treasury
certif icate held by the New York Bank to cover last week* s advance to the Govern­
ment. Total earning assets show an increase of 56*8 millions*
DEPOSITS: Government deposits increased 9^ millions, while members' reserve
deposits show a more than corresponding decline of 115*1 millions. Net deposits
because of the considerable reduction of the "float" increased 35*5 millions.
RESERVES: The week witnessed a further gain of 5 millions in the sold re­
serves, while total cash reserves show an increase of 4.1 millions* The banks’ re­
serve percentage, largely because of the increase in net deposits, shows a decline
from 5®’5
50 per cent •
NOTE CIRCULATION: Federal Reserve Agents report a net addition of 4-3 millions
to the total of notes issued to the Banks* The latter show an actual Federal Re­
serve note circulation of 2 , 568.7 millions, an increase of 13*5 millions for the
week, besides an increase of 5-5 millions in their aggregate liabilities on Federal
Reserve banknotes in circulation.
CAPITAL: Increasesin the capitalization of member banks and accessions to
membership account for an increase of $47,000 in the Federal Reserve Banks' paid-in
capital, Philadelphia and Minneapolis reporting the largest portion of the increase.
CONDITION OF MEMBER BANKS, NOVEMBER 22, 191S.
Large reductions in the holdings of Treasury certificates, following the re­
demption of the July 23 issue cf about 585 millions of these certificates, as
against substantial increases in the heldings of Liberty bonds and war paper are
indicated by the Federal Reserve Board's weekly statement of condition on Nov­
ember 22 of 752 member banks in leading cities.
U .S. bonds, ether than circulation bonds, on hand show a total increase of
49 *8 millions, though the bgjiks in the central reserve cities report a decrease
under this head of 3*7 millions. Increases in these bond holdings are shown for
nearly all sections of the country outside of New York and Chicagp . Treasury cer­
tificates on hand show a decline of 270.8 millions for all reporting banks, and of
118*5 millions for the banks in the central teserve cities* Loans secured by U«S •
war obligations (war paper) went up 63.2 millions/ over one-half of the increase
falling to the share of the central reserve cities. All 6ther loans and invest­
ments fell off 103'4 millions, the central reserve city banks alone reporting a
decrease under this head of 6S .3 millions. The ratio of U .S . war securities and
war paper combined to total loans and investments declined from 21*9 to 21.2 per
cent for all reporting banks, and from 23*7 to 22.9 per cent for the banks in the
central reserve cities*
Net withdrawals of Government deposits for the week totaled 270.5 millions,
of which 15 C -9 millions represents withdrawals from the central reserve city
banks. Net demand deposits at the latter banks increased 19*9 millions. For all
reporting banks a decrease of this item by 15*^ millions is noted. Time deposits
increased 1 1 .3 millions. Total reserve balances with the Federal Reserve banks
show an increase for the week of 106 -6 millions, of which 79 millions represents
the gain at the central reserve cities. Cash in vault gained 11*5 millions.
For all reporting banks the ratio of deposits to investments shows a decline
from 78*7 to J S > per cent. For the central reserve city banks this ratio remains
1
unchanged at 85.2 per cent. The ratio of combined reserve and cash to deposits,
because of the large gain in reserve, shows a rise from l4«4 to 15*8 per cent for
all reporting banks and from 15*2 to 17*6 per cent for the banks in the central
reserve cities. For the same reason "excess reserves" of all reporting banks
show an increase from 4 2.1 to 149*2 millions. For the central reserve city banks
an increase in this item from 27*3 to 103 .7 millions is noted.



Released for publication Sunday morning Dec. 1 , 1913; not earlier^
St-90a
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS NOVEMBER 29 , 1913.
R E S O U R C E S
Sbvernber 29, 1913 '
November 22, 191S
November 30,1917
Gold in vault and in transit
$370,933,000
$371 ,> 93 ,000
+
$499,337,000
Gold Settlement Fund, F. E. Board
395,292,000
I 35 ,392,000
+
3 9 5,236,000
Gold with foreign agencies
_____ 5,329,000
r 329 ,000
K
52 , 500,000
Total gold held by banks
77 2,059,000
~
”313 *219 -000
9^7^62^000
Gold with Federal Reserve Agents
1 ,2 1 6 , 5U1 ,000
1 , 16s ,Q17,000
661*324,000
Gold Redemption Fund
___ 76,613 .000
_ 7 3 ,129.000
_ IZJ 21S,000_
L
Total gold reserves
2,065,213.000 ~
2,060,265.000
- l~62l, 725,000
Legal tender notes, silver, etc.
55,153.000
55,992.000
* 54’4gb,0Q0
Total reserves
2
71,000
r , 6 7 0 . a ‘OOO
,
Bills discounted: Sectored by C-ovt.war
obligations 1,412,511,000
(a) 1,231,245,000
'
"( ,
All other
402,6o4,000
(a)
’4 2 s ’iqc’000
(75^=392,000
Bills bought in open market
375.341 .000
363 7 8 4 .000
2.05,4^4 ,000
Total bills on hand
" "~ ’
2 . 190,536 ,000
~
~
....
. 2,0 "3; 219 ,000
~ 3&1 .Sy7
U •S .Ccvernment long-term securities
29,132,000
” 29 7 > 7 0 0
7
4/7704,000
U S - nv^rr- ent short-term securities
G
.im
Q2.0&-- 000
l4o,lS'0 000
41*792.000
All other earning assets
' ' 27',000
000
1 '429,000
Total earning assets
2 ,31275% ,000
2 .2 3 5 v
jSJ^OOO
1,052,377,000’
Uncollected items (deduct from gross deposits)
.
736 723,000
VlQ .O'; 0*000
*373,2.60 *000
c' lur- :ption Fund against F.R. banknotes
4,621,000
4,525,000
537,000
All other resources
■
. 21.309.000
___? 'b U 5 o:'°
____ 2 ,499,000
TOTAL RESOURCES
5,19^7323,000
5 ,279,527 700
3 ^104'j?S>^000
I, I A B I L I T I E S
Cs.p5 tal paid In
- go,OTP.000
3 0 ,0 2 5 ,000
63,500,000
S^vplas
1 ,1 3 4 'COO
.
.
1713^,000
" —
Government deposits
207, 157,000
113,174,000
’
220. 962-000
lue to r.er.Jlirs, reserve account
1,433,393-000
1,604,033.000
1 ,439 *370,000
Collection items
. 602, 667,000
'$ 20’ 6 g ‘000
b
*233,567*000
Other deposits, including foreign govt, credits
1 05.394 ,000
113 .967.,000
19^.473,000
Total gross deposits
2,404,63.1,000
~"
2 ,4 5 1 7 3 2 ,0 0 0
1S
98s7672 7)00
F . R. notes in aor/oal circulation
2 , 563, o7o,000
2,555,2.15.000
1 , 056,933',000
F. P.. banknotes in circulation - net liability
36,003,000
30,504,000
3,000,000
All other liabilities
___ 54 .,492.000
50,36? ,000
___ 2 ,6 2 9 .000
TOTAL LIABILITIES
5 ,194 ,Q33 ,000
5 , 219 , 527 ,000.
3,104 Jg4",00C)
Ratio of total reserves to net deposit and F.R.
note liabilities combined
50. 0^
5O *5$
63. 2$
Ratio of gold reserves to F. R. notes in actual
circulation after setting aside 35$ against
net deposit liabilities
59 *2/?
60. 5$
(a) Amended figures



Released for publication Sunday morning Dec. 1 , 191S; not earlier.
St-90 b
!7EEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS NOVEMBER 29, lgiS.
(In thousands of dollars)
R E S O U R C E S
Boston New York
Phila. Clevel. Richm. Atlanta Chicago St .Louis Minn.Kans .Cy. Dallas San Fran- Total
Gold in vault and in transit
3 ,*75
277,665
104 28,196
2,336
7,573 24,l6s
2,096
S,4l6
202 5,669 10 , 63s
370,938
Gold Settlement Fund, F.R.Board
2 1 ,1*65
17,142 39,529 3^,723 21,75^
2 , 5U6 126,902
26,1+93 23,673 26,971 6 , 51!+ 4l 330
395,292
Gold with foreign agencies
„
408_____ 2 .011
4pS _____ 525
2 0 4 ___ 175
Sl6
233 __ 233
291 __ 204_
321
S S 29
Total gold held by banks
25 j 4 8
296,8! S 4 0 ,04l 63 ,444 24,294 16 , 291+ 151,886 23,822 32,322 27,464 12,387 S2 53q
772*,G W
Gold witn Federal Reserve Agents
70,785
282,220 78,605 132,321 60,833 44,399 244,167
53,083 57,279 52,799 22,500 1 1 7 ' 556 1 , 21631+1
Gold Redemption Fund
-^U992-_JLJ-Q0______ 63.5____ 5.,7.98 _ 5,242. 12 ,Co7 .3 j 3 2 2 _ _ J u .9 2 6 _ .3 J 0 U _ 2 .1 5 3 _____ 257_
76_,6l3
xotal gold reserves
103 3 5 O 6o4 ,030 126, 346 196 ,1+00 90,925 65,935 UOS ,12Q" 85,22.7 93,52/ 83.967 37,0*40 170,346 2,065,213
Legal tender notes, silver, etc.
_3 _,1 5L __ 4J+J.2l+_- 57I+
--- 638______6 4j______228
1 3 1 5 . __1 ,375 , _ _
83
'153
1,297
_ 213_55.158
Total reserves
106,501
648,654 126,920 197,038 °1,57 2 66 , 163409,635
87,202 93,6lO §4,120 38,337 170,619 2,120,371
7
War 00 £
nS 1 - ’9^°
^
1
026, 90 516 5 , 505107,287 65,683 4 1 ,205123,047 47,819 2 1 , 2.80 22390 16 ,646 43 , 74s 1 ,412,511
Disctd..)All Other
12 ,6l 6
84,263 l6,4s6 17,313 18,956 39,135 60,98? 32,233 11,827 47,765 32327 28,776
402,684
.Bills uougno in open market
_|5 ^2 9- - JL &,7321.5*05- 5?- ,673- .A J24_JL2,32Z_3Z35Z- ^- J J56._JL2,S
i36_...9304 ___ 4 ,025 _.3 4 3 0 3 _ 3 7 5 _ j 4 l
T J.°“
T
* s on hand
16 s , 94i- 877,900 197,866 175,273 27,363 93,267 221,391 83 , 80s 45,443 79,459 52 , 99s 106,827 2 , 190,536
U . s . . 0V|X. ions-term securities
1 ,+03
1 ,39s
13 75
i >088
1,234
519
4,509
1,153
125
8,867
4,000
3 , 1*61
29,132
J.u.Gov
snort-term
5,^16
35,^23
6,299
8,731
3,284
4,022 12,612
5,560
2,qq7
2,909
2,400
3,003
92,664
Al.i. other earning assets
___ ___________ „ ______ __
_ __
?7
__
\J
__
2j
UxicoiiLted^tliis^U-duct from

1 ^5,7^0

5^SR-dLption 1Fund-gain-t F r

^ >°l
+3

1^3,304

81,055

220

1,055

300

an?an¥1
,notes
* 77

A

Capital paid in
ourpxtis
Uovernnent deposits
Dc.e to members, reserve account
f l e c t i o n items
All 0 uher deposits, including
foreign government credits
Total gross deposits
i . R -notes in actual circulation

x 'K .bank notes in circulation, net

T0T.nL LlABiuixiES



^,256

97,835 238,512

90,529

4 s 7 ^ 5 ~ 9 lT ^ 3 5

69,356

57 ,018

3U 326

7 8 ,889

66,619

19,139

383

256

207

719

253

188

®T39S_ 113 7 2 ^ 2 3 12 7 3 5 9

55,918- 20,098

557

227

46,497

736 ,32s

256

4,621

- 1- 437--- s_,238:__3 _ 5 9 0 - B 7
x.,157- - S1Q— JU3&-____ -550---_197— 1.043--- _SQ3____ 1,621 ____ 21309
J ‘W ,bo 7 1 , 715,972 417,405 452, 66b 2 41 ,So4 199,402. 729,121 245,153 161,699 232,873 118,863 332.284 5 , 194,988
>

T T mT ■ o

ai. ia?ilit*T
l
.

91.881

S1^ ^ 21 ^ 5 ,5 ^ 0 185,092

6 , 59s
, 7 5
42,802
93,043
4o,2lo

2 0 ,726
7,486
S,SS 6
4,044
3,175 11,108
3 J 85
2,928
3,655
3_l4l
4,540
80,072
649
—
—
116
4o
216
—
38
—
—
1,134
2b , 6l 6 28,087 28,256
4,510
7,325 i4,106 19,5^3
9,127 11,754
3,989 10,933
207,157
636346 J S ,428 IO3 ,690 53,065 4 1 , 9:19217.166 53,026 46,l6o 55,460 31,155 7S.S 35 1,488,893
l 6l ,993 7 1 , 4ll 53,774 U O J 54 24,204 60,554 50,401 11,752 37.618 16,283 27 J 0 1
602,667
‘
__ ________ 101,637 ____ --_______ 68 ______- - ________ 2S__ 1,554_____ 307 __ _1 5 _ _ _ _ 2 _______ 8
_
2,275
105 8q4
182 ,061
926,592 177,926 IS 5 J S 8 98,938 73 ,*+76 293 38 O 123 3 1 7 67,120 104,834 51,435 119,744 2 ,4 0 4 ,611
150,906
720 ,294 223 , 73O 2 47 ,535 134 ,467 117 A51 ^ 3 ,634 ill ,403 87,597 111,952 53,792 201,209 2 , 568,676

25,627

5 , 27s

6,662
2,067
3,229 14,131
4,664
2,420
9,397
3,g24
3,788
86,003
_____ 22,084
2,985
3 ,795 -. 2 *25. — l..,.6
2
j_o.. 6,652 . 1 ,92.4___ 13 9 6
3,029
1,671
3,003. _ _ 5kJ±92
3^ 7,667 1 , 715,972 417,405 452,666 241,884 199,401 729,121 245,153 161,699 232,873 118,863 332,284 5,1947988

St . 90c

Released for publication Sunday morning Dec- 1, 1918; not earlier.
STATEMENT OF FEDERAL RESERVE AGENTS* ACCOUNTS AT CLOSE OF BUSINESS NOVEMBER 29 , I 9I 8
(In thousands of dollars)
Boston
FEDERAL RESERVE NOTES:
Received from Comptroller
Returned to Comptroller
Chargeable to, F- R- Agent
In hands of F. R. Agent
Issued to F. R. bank less amount
returned to F. R. Agent for
redemption
COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
Gold coin and certificates on hand
Gold Redemption Fund
Gold Settlement Fund, F.R.Board
Eligible paper, minimum required
Total
AMOUNT OF ELIGIBLE PAPER
DELIVERED TO F. R. AGENT

New. York

Phila- Clevel. Richm-

Atlanta Chicago St-Louis

Minn. Kans.Cy. Dallas San Fran.

Total

232,5^0 1 , 201,240 313,TSO 312,960 126,830 185,640 512,720 151,280 112,Uso 152,700 99,920 229,320 3,692,060
4 9 , 6 2 2 ___2 6 0 ,6
6
3
2
3
6
3 3 ,1 4 7
2 5 ,1 S 5 _ _ 4 i j 2 9 2
2 5 s 6j S
_1 7 ,S9 5 _ 2 4 J S 9 7
2 0 ,4 6 5
1 6 ,? 4 6 ____ 6 0 3 ^ 4 l 7
182,858
9^1,177 257,353 221,724 153,133 160,455 471,422 125,604 94,525 127,803 7 9 - 55 213,074 3 ,088,643
M
20.520
111.200 2 5 , 520 2 1 ,380___ 8.060 4 0 .20 5 4 ? . 120
7 . 735___ 5*950 _ 8 .420 iq .4q0_____ — ______ 315.600

162,338

5,000

829.977 231.833 260,344 145,073 120,250 424,302 1 1 7 ,869

59,965 213,074 2,773,0^3

12,581

1,833
59,000

2 , 504. ~
2,125
3,365
39,770 240,802

2,000
2,953
42,130

13,052
2,427
4l ;S00

8 4 ,821

80,073 221,391

70,179

3 S .859

—

212,627

18,750
13,571
66,201 100,000

16 2 ,33s

2 >39
77,991
50,360
925,923
547.757 153.222 128,023 84.24-0 75,851 180.135 64,786 31.35b 66 , 5 & . 37,M5--9.5J.5^.1,55£,.Se,2
829,977 231,233 260,344 145 ,073 120,250 424,302 117 ,8 69 88, 635119/383 59,965 213,074 2 , 773,043

162,931

377,900 166,907 175,019

9 >17°

56,615

_aL,553_

15 s ,740
13,420
110,000

88,635 119,383

—
1 2 ,4o4

3,235 10,989
6..624 106,561

79.^59

52 >99s

92,051 2 , 114,588

M E M O R A N D A
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F. R notes outstanding
F. fi. notes held by bank
F.R. notes in actual circulation

Bills discounted and bought
U*S.Government short-term securities
Municipal warrants



162,338
U .,432
150,906

829,977 231,833 260,344 145,073 120,250 424,302 117,869 88,635 119,383
109,683
8,103 12,809 10,606
3 .og9 20, 66s.. 6 ,4 6 6 ___ 1.038
7,425
720,294 223,730 247,535 134,467 117,151 403,634 111,403 27,597 1 H ,9 5 S

DISTRIBUTION OF BILLS, U- S. GOVERNMENT SHORT-TERM SECURITIES
BY MATURITIES
l 6 to 30 days
31 to 60 days
6l to 9° days
Within 15 days
225,900
470,666
165,185
1,305,634
1,188
9 *220
1,066
8,895
10
4
5
5

59,9^5 213,074 2,773,043

1.173 11,265
20^.367
5S .792 201,209 2 , 568,676

AND WARRANTS
Over 9O days

23,151
72,275
3

Total
2,190,536
92,664

27

Released for publication Sunday morning Dec* 1, I 9I 8 ; not e a r lie r ST^iTnivairjr SHO^iiMu- P R I N C I P A L

RESOURCE AND LIABILITY
C-lIxj:jO A o

ITEMS

AT

St*90d

O F M E M B E R B A N K S LGCA.TED I N

CLOoE OF

CENTRAL

RESERVE

RESERVE AND OTHER

SELECTED

I 9 IS*

£uiSLi'iJiSS LOV.CVidFR 2 2 ,

(in thousands of dollars)
!,« Data for all reporting hanks in each__district^___
Boston New York Phila*
No*

reporting

U * S , "bonds

banks

to

Ull

U.S.

Liberty
U-

S.

of

debtedness
Leans

s e c u r e d b y U - S .bonds,

securities

demand

B.

hank

13 ,710

17 ,923

34 ,505

267 ,117

7S ,936 105,577

55 . 92s

44 ,? 6s

131 , 74s

L4 24-5
j

14 i?°4

27 ,725

2.3 ,247

34 ,525

937 ,123

;723

31 ,250
3 ; .433
13 ;VR5

6s .533 12 .311
/I
'<
21 p P O -' 7 i.l

5 ,102
15 .236
tfsC
O 53
bo 273
?9
■
j
s :3:- 10 . ,i64 10 ,051
\
( r\ I b2 b yp ’ 160
1
.
■8 ,103
A.3
i*
2 7 o ;0 ‘SO ■i)j
i*
.'459
1 O '.Cbb
39?9
ss
2 ."? 'o]> 381 r b / lU , n ?
46 7 ^: 5^ ; p 4
s '
23 t25 L
s . 532
3 .53o

4- ,7.35
i r f ,o6s
.

*2,733
^ *J I- , OOO
l *7 b .799

P M l
.?

deposits

CO ,315
7Df M n J '!O , 743
1f
(O
;;' ‘'I ,330
623 .245
67s,H i 6 57 ,937
2? ,333
612 j.’'i
15 , 533
33 ,023

New

Drting banks

71

hanks

York

'Nov ,22--- Nov

• oonds ’to secure
c: rcu'Lation
Qzsoz' U .S . bonds, including
Liberty bonds
U- S* c e r tific a te s of in-

42,74 i

352 ,33c

Data 1 o r h a n k s i n e a c h c e n t r a l r e s e r v e c i t y ,
.15

in

Chicago
N o v *22

191,151 Jw<
■9^5
967,3io

86,532
4 o .322
7^7,405

223,144
64,525
all

other

St.Louis

kk

71

l
kJ
ri'J d Pi iic_.
o
S T
’
Z0: , >322 321 .601 l ,4 j.4 :s4u
<Q
T
J J
3;t> \ 0
.J
. ;p ~
-X? ' rr» e 7
152 .coll 34 > 3
> - j ,S;E*
y' '
ko
c'd ■ ?
6:) ;<;50 13 r.iho
J O 'z .r
L )
3
"*' '•c no r : ‘ X j.oj
■
v
33,5
:
i ^ 263 yi
r
v ‘7
;0 ^
; 9 :'5 r» t" O^
;>
- J
J J
(3 r : ‘ °J
22 ,63 x 2.l ,
24 <503 29 ,057
.

Nov .22

r ^

‘

.

PC r

j

reserve
Total
Nov

c it ie s ,

C e n . R e s .C i t i e s

, PP.---- N y v -15

ik

• r'Dtecuess
:!
S* securities

scoured "by U.S
&

36,354

36,879

l,H9

10,555

295,737

30 9 ,379

7 2 ,S S I

32,504

3 3 9 ,059

674,75c

."bonds .etc . 6 2 9 , 7 6 5

investments

3 ,3 3 ? , 0 1 5
-

Reserve wibh F , R* bank
650,152
!i5
C a s n in vavJLt
---117,731
Net o.en:acd deposits
4 , 203,1153
.
Ti.oie deposits
211,215
Government depo si ts
265 ,30s
Ratio of w a r paper to total loans
and investm ents, per c e n t
2 U «7

4Uo,2h
24,239
726,1+
69 95,239
536,510 63,676
3
36.670 369^ 5+
1
577 *662 103,502
116,530 35,736
4 , 193,132 757,906
2 11,3 6 2 14 2 10 6
333,622 12,090
2k4

1 5 *6

P

^

o t he r

6

O

.

,

Vj

:

-

O

,

r epc r t i n g

Eeserve

453

17'

25 -So/
4^1 'S 96
■p ^
j 'h 'c4o
j

3 ,510

0 -7 -1

Country

banks

Total

N o v ,22--- N o v -15

17U

N o v . 2 2 --- N o v •1'

1^1

752

753

‘

.b2cl

4 3,553

170,769

170,313

47,720

43

31Q

267,117

267 ',690

kok,122

+0 7 , 5 5 3

442,397

396,731

90,1011

32,729

937,123

357,313

653,196

9 5 3 ,9 5 £ .

4?

491.794

264,807
337.210
943,200
575,473
964.
9"
r
h r- n ^
p
19 ,0 56
\5
4 p 4 ,3-.4
712 > 9 7
I ivo 7
\ I
J
270,916 4 , 972[335 5 .o46 ’69U 4,644:774 4 , b S i ,257
26,539
735,493
706^493
445,583
4 1 6 ,9 ^ 4
7 , 56s
161,055
53^052
1 9 0 ; 722
135,352
159,115 5 , 150,474 5 , 1.30,620 3 , 752,.sqo 3.S1U .179
53,345
1 07,166
+
405.799
S 50/J 10
3 3 7 ; 537
25,369
302,767
453,674
261 ,2.49
363,917
9,954
53;. 0 1 3

,°oS

16 ,733
552 .•3§6
53 ,250

633 ,196
l ,337 ..436
1
,443
10 . SOI M l
1 ,290 34?2
397 ,6s?
3 ,644 ,446
* ,454 ,757
»
53S ,924

hanks .

Cities

N o v =22 -N o v , 1 5

453

u.




752

6 ,269

deposits

o'ch jr l o a n s

Total

17 ,655

^ 5 ,o lo

Io-vns

Fran„

15 ,951

9 5 ,L'C4

A.> 1

73

San

53

45

15 ,465

Ti” * deposits
•

Total U,

Dallas

24 ,31*+

Government
P

Kans.Cy.

34

42,333

i n v e s t m e n t s 7 /S ,6 5 s

and

C-ii'i'in v a u l t
Net

Minn-

T
/n

11 ,432

4 5,6 33

U.

w i t h F.

S t »L o u i s

101

in­

Total

Eeserve

Chicago

45

22,737

bonds

loans

Atlanta

Si

including

certificates

A.i L o t h e r

Bichra.

55

1 4 ,35 3

bonds,

S.

Clevel.

53

secure

circulation
Other

106

373 , 252
826,002

2.2.9

2 3.7

19 »S

20-5

4 5 A 3 7 64,952
2.32,961 196,000
76,732

3 5 4 , 513
59,396
45,530

711.052

197,611
34;90S

1

2 ,10s .959
71,137 1 , 271,443 1 , 203,243
553 ,03b 10 , 501,677 10 , 605,037
60,359 1 , 290,472 1 , 153,556
42 ,169
397,657
326,173
, 6 4 4 , 4 4 6 - , 659 , 53s
9
715,039 9
200,114 1 ,454,757 1,443,510
46,532
593,924
S69 >23
19.1

,5 5 7 , 4 3 6

21.2

Ol
« JL
—

o
y

Released, for publication Sun day morning Dec.

8,

1913; not earlier.

s t , 99

STATEMENT IDR THE PRESS*
December 7> 131& •
Further increases in the holdings of war paper and one-year Treasury certifi­
cates and substantial gains in mergers* reserve deposits are indicated in tne Fed­
eral Reserve Board* s weekly bank statement issued as at close of business on Dec­
ember 6, 191s*
INVESTMENTS: The week saw a further increase of ^ *0 millions in the Reserve
banks1 holdings of war paper, the total, l,U 6 /.3 millions. constituting about 62 pev
cent of the banks1 aggregate earning assets. Other discounts cn hand declined h .3
millions* Bills bought in open market show a reduction of 3
millions > The dis­
tribution of this paper among the several Toanks shows considerable change, the 1 aw
1
York Bank reporting net liquidation of $8 *S millions ? Ahile Chicago shows an in­
crease of 60 *3 millions under this head * An increase of 12 *9 mil/ions in the vol­
ume of Government short-term securities is due largely to the purchase by the banks
of 1-year Treasury certificates to secure Federal Reserve bank notes* Total earn­
ing assets show an increase for the w e e k of 57*7 millions .
DEPOSITS: Government deposits declined 21 »3 millions, while members1 reserve
deposits show an increase of 5^>- millions, or slighcly in excess of the increase
*
9
in total investments. Net deposits shew a gain fur the week of
*1 millions»
RESERVES: A further gain of 2,2 millions in geld reserves is shown, while
total cash reserves s h o w an i n c r e a s e of about 1 million • The banks* reserve per­
centage because of the substantial increases in both deposit and note liabilities
shews a'decline from 5^ *0 ^9*5 P2r cent.
NOTE CIRCULATION: Owing to the large volume of note redemptions the Agents
are able to show a decrease of 31 *2 millions in the total amount cf F. R. notes
outstanding# The banks report a tot^l of 2,5SU'»5 millions of F. R. notes in actual
circulation, an increase of 15 *8 millions for the week# Their aggregate liability
on F. R. banknotes in circulation is 92*8 millions, which is an increase of 6.3
millions over the previous week*' s total.
CAPITAL: During the week the banks1 paid-in capital increased $232,000,
largely as the result of payment for Federal Reserve bank stock by newly admitted
members in the Philadelphia, Cleveland and San Francisco districts,
CONDITION OF MEMBER BANKS NOVEMBER 29 , 1913 .
Substantial reduction in the total of U« S. bends as against a further in­
crease in the amounts of Treasury certificates held, also liquidation of loans and
a corresponding decline in deposits, are indicated by the Federal Reserve Board1s
weekly statement of condition on November 29 of 753 member banks in lea,ding cities *
Holdings of Treasury certificates show an increase for the week of 32*7 mill­
ions', largely at the banks outside the three central reserve cities. -U. S. bonds,
other than circulation bonds, on hcind fell off about U0*5 millions, the banks an
the central reserve cities reporting a decrease under this head of l6») millions*
Loans secured by U .S. war obligations (war paper) show a decline of 22*8 millions,
mainly at the central reserve city banks. All other loans and investments fell off
49*5 millions, the central reserve city banks reporting a decline of 37*5 millions.
The ratio of U,S# war securities and war paper combined to total loans and invest­
ments declined from 21 *2 to 21.1. per cent for all reporting banks, and from 22*9
to 22.6 per cent for the banks in the central reserve cities*
Net withdrawals of Government deposits for the week totaled 13 *1 millions . For
the Greater New York member banks a decrease under this head of 21 millions is
shown. Aggregate net demand deposits decreased 91*5 millions at all reporting
banks and 78/6 millions at the central reserve city banks# Time deposits increased
6.3 millions.' Reserve balances with the Federal Reserve banks show a decline of
9S .3 millions, or only slightly less than the loss in total net, including
Government, deposits*’ Cash in vault fell off
niillions.
For all reporting banks the ratio of deposits to investments shows a decline
for the week from 7® *2 to 77*3 per cent . For the New York banks a decline o f this
ratio from 83 to 37*2 per cent is noted. The ratio of c o m b i n e d r e s e r v e and c a s h to
deposits, because of the relatively larger decrease in r e s e r v e balances, d e c l i n e d
from 15*3 to 15 per cent for all reporting b a n k s and f r o m 17 •! to lb .3 VeT c e n t
for the banks in the central reserve c i t i e s .
" E x c e s s r e s e r v e s ” of all r e p o r t i n g
banks show a decline from 150*7 to 63.9 millions* For t h e banks in t h e central
reserve cities a decrease in this item from 10^*9 to 62 millions is noted.




Released, for publication Sunday morning Dec. 3, 1913;:- not earlier.
St-33’a
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 6, 1918.
R E S O U R C E S
December $, 191S
November 2 $ , 1918
December 7,1917
Gold in vault and in transit
$353,205,000
$370,938,000
^-2?*-7^ c’ rrn
Gold Settlement Fund, F . R. Board
U 22,V ;i,000
395, 292,C00
^7©,775,000
Gold with foreign'agencies
5 .82 j, 000
---5J229J300
5
»■ Total gold held by banks
781,525,000
772,059,000
SjJ> ^
_
Gold with Federal Reserve Agents
1,207,377,000
1,216,5^1,000
" 3 >V^»
Gold Redemption Fund
7 8 .^ 6 .0 0 0
.. 76,613,000.
r fs H iH S
2,9 67 ,’ 01,.000
4
2,065,213,000
*631,355,000
Total gold reserves
Legal tender notes, silver, etc53 13 66.000
----55>158.,990.
P..
Total reserves
2,121,367,000
2,120,371,000
, ©3,3 7,
Bills discounted: Secured by Govt .war obligations 1,^67,322,000 w
1,4-12,511,000
( 6b6.i02.000
All other
3 3 6 ,5 ^ 2 ,0 0 0 ^
U02,6sU,000
(
Bills bought in open market
371.606.000
375,3^1 ,,Q00
„ ..
l$0,t 8 2 ^ 0
6
2,235,130,000
2,190,536,000
877,52^,000
Total bills on hand
L U.S.Government long-term securities
^
25,136,000
^9 >132,000
198,000
U*S.Government short-term securities
105,606,000
92 , 064,000
,50,424,000
All other earning assets
21.000
- - 2L £29
.S ^ O B S
Total earning assets
2,370,013,000
2 ,3 1 2 ,3 5 9 ,^ 0
37^,120,000
Uncollected items (deduct from gross deposits)
650,035,000
736*328,000
336,^/04,000
5‘f IwdiCiption Fund against F.R. banknotes
o
U,SUU 000
4-,621 ,000
537*000
______ 2 1 , 3.0^000
. 2 ,^
000
A13 other resources
22.UU0 .000
TciiL resources
5 , i 6s , 703, ooo
5 , 19U , 92s ,ooo
3 , 001, 0^ 6,000
L I A B I L I T I E S
Capital paid in
80,30U,000
30,072,000
6Q,0US,000
Surplus
1 , 13U, 000
1 , 13^,000
Government deposits
185, 355,000 .
_ 207 , 15 7 ,000^ l6o, 56S ,000
1 5^ 7 * &3 S, 000
1 ,^So,833>000
1 ,^ 37 ,17 ^>000
Due to rr.eribers , reserve account
5 lU,5 1 24
,ooo
602,667,000
15,5C 6,°0 c
4
Collection items
Other deposits, including foreign govt* credits
106,685,000
— ^Q.1 i. z jlQ. 0
, ?S
Q
— ^9/^wl^OOO
Total gross derosits
- - - - 2,35“ ,330,000
2 ,UoU,6l l ,000
1,£ 11,163,COO
F. R. notes in actual circulation
2,5$+, 523 >000
2 , 56S , 676 ,000
1, 110,53 f>uO©
F- R* hank notes in circulation - net liability
32|753>000
£6,003,000
8,000,000
All other liabilities
55.559,000
-- 2Lii£22j0Q0
3>062,000
TOTAL LIABILITIES
5,168,703,000
5,194,988,000
3,001,836,000
Hatio of total reserves to net deposit and F.Rnote liabilities combined
^0 * 5$
50 - /j
0
65*1$
Ratio of gold reserves to F- R. notes in actual
circulation after setting aside 35$ against
^
net deposit liabilities
55 *0$
59
V V

•** W V

v .

» V w A ii W




k #^

C » | V / Vr w
—

i

^

>•

7

—

I

' ■Release: i> r
c^.ion Sunday
morning Dec - 3, 1913; not earlier.
St-Q9b
WEEIujI STATEMENT OF RESOURCES M D LIABILITIES OF EACH OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 6, 1918 .
(In thousands of dollars)
R E S ° , U EJC E SBoston New York
Phila. Clevel. Richm. Atlanta Chicago St-Louis Minn. Kans.Cy. Dallas San Fran. Total
Gold m vaU-i and in transit
3,303
253,647
127 34,765
2,311
7,619 23 927
2 171
3 ^66
202 < 72q 11 C4l
5
^
PCX
Geld.
W , F - .Board
R
W .g f c
*
t e . * T 30.627 25 . * *
l j o 6 79 ^
2S ’507 3 0 ^ 3 31,561 I ’ o » ; e 4
,
M
^1 : ^ 1
\
--- ^ ° - U - ^ - “
*os______ 525______2 * ______1X5 — _ J U f i _ _ 1 3 3 ____ 233
291
goU
3 ??___5>29
r ij
j
?
«- >
50.276
309,920 1*3,332 65,917 27,939 16,091* 104,573 22,911 38,21*2 32,051* 12,533 51,027
751,523
Gold with jidarai Reserve Agents
5= , 75°
2 7p ,653 3 2 ,3 6 1 1 2 5 ,9 7 2 60,63s 1*3,579262,121* 53,033 56,925 52,799 2 2 ,5 0 0 1 1 7 ,9 9 3 1 ,2 0 7 ,3 7 7
Gold Redemption Fund
_ X 9>5- — a j Q f i _ _ Z J a D --- 909—
i
L2J & * .
3 . 31^
k ,oS.
3jS i
2 ^ 0?
7Q5
7k ilL
Total gold leserves
115,971
6 0 5 ,5 3 9 1 3 3 ,6 4 3 1 9 2 ,7 9 3 94,230 6 5 ,1 7 1 3 7 9 ,3 0 1 55,309 99,352 SS ,537 37,235 169,215 2 ,067,401
I
?e
notes, silver, etc.
j m
- J feJ U fi.jM>--- ->
7 *SL_____ n !,_____ 179— JL,fl22_ 2 . 4.52
n
112 1304
364
^ c6fi
To =al reserves
117,1*35
6 4 9 ,9 5 5 1 3 4 ,1 3 7 1 9 3 ,5 4 7 94,944 65,350 330,323 57,761 9 9 , 9 4 ^ 3 , 6 4 9 38'?59 i m 79T l 21367
Di^ota 1A11'oth!r
ar ol!llsatlons 122,577
669,340 1 6 4 ,2 3 2 ^ 1 3 ,5 3 1 70,665 43,067 113,5V* 49,249 22,539 27.355 13.043 52,075 1 '467 J 2 2
Bills bought in open market
ff H o J h 11! 5 ™th™ d
^
™
All other earning assets

-f152,fi?

t ’S L l l l g
s 6 l ’te7 1S S .602 181.363
1J9,
7
^
5 >!6
38 J 34
3, g 7

Total earning assets
Uncollected items (deduct from

159,325

c/ l ° T df P °sii 8^
5/i Redemption Fund against F .R .

53,767

, ^ an5 vnotes
c
All Other resources
TOTAL RESOURCES
L I A B I L I T I E S
paid in
bur^lus
Government deposits
Due to members, reserve account
All othe°nd e p S its , including
foreign government credits
Total gross deposits
F.R.notes in actual circulation
F.R-bank notes m circulation,net

91.973
13^,049

301,158 198,320 195,500

122,653

73 , 92s

I

’J

g

957306 276,633
^
3 ,754

c r 77^ ^ ^ S - ^ 534
4,510
1,153
124
4 ,516 12,612
5.565
4,139

96,991 100,383 293,305

56 , 61+7 46,346

33 , 67s

i i ^ - 3:367 M O O

3 >03

3^35

*

2 ^ 5^ -

2.910

3:461

29A96

105 ,606

90,499

4S,071

92753S 6o735S 133,011 2,370,019
J

70, 56!+ 59 ,SIS

17,228

53,105 20,24l

36,064
J

650,039

2^5
l.l^l
325
373
251
261
725
2U3
188
566 26s
25s
M .S H
- L+
820
1.528_______ 796___ 1 , 865._____ 622______ 226
l , l 6l
1,090
1 756
22 440
_ 1 4003___ ,7,^93 , 3,680
3 31 ,gS8 1,688,800 4 l 0 ,440 446,887 21+0,060 200,468 747,782 238, 91+ 165,658 236,019 120,1+9*6 341^268 5 , 168^709
3
*
*

6,558
75
25,978
9s , 36l

165,040
151,943

20,727
61+
9
Ij*,7l6
646,495

7 , 51+6
13,93 7

8 , 91+2
22,501+

92 ,6 l4 118,58$

4,050
3,187 1 1 ,11 6
3.7SS
2,929
3 , 65s
116
1+
0
216
—
38
—
3,600 12,593 3S,6?5 11.27S
9,503
9,883
53 ,l 66 37,902 2 l 4 , 3S5 57,093 47,187 6 9 > 3

‘,° ' 7° 1
^
3 9 ^ S 3 9 ’169
100.642
_________ SS
18
2,438
26q
8 9 6 ,1 3 7 1 6 9 ,7 3 0 1 3 0 ,5 1 6 95,935 73,576 306 , 42? 115,634
721,544 223 ,951 246,044 135,336 117,432 405,642 112,342

^

3 , 11+9

80, 301+
1 134
5,643 17,045
185*355
33 996 78 907 1 547 838
—

l+,6il+
__

*- U
'U 'M
25
2
t 2^6
,
106 6ff*
67,563 107,969 ^ 2^ 123" 50T T 3® J 90
90.315 111,537 59 256 206 071 2 51 * 523

+*
4,44s
27,254
6,009
7 .551- 2,272
*
4,505 14,608
5,080
3,219
All other liabilities
_ X J S 4 ____ 22J+39___ iJ-24___ 3 2 . 3 0 1
1,728
6,772
2.09Q
irqU
totai liabilities 331,558 1 , 688,300 410,440 446.337 240,060 200> 6g W , 78'2^ C # l S 5 6$
l
^
0i r i l 0^



W l W

j

“ ■ *«

,J '

9 ,S 05 4,125
3,920
3 050
1 £77
7 ^0
3U?: 2 t e T . i ^ r w

92,799

L

™

S1.itVKIM
Ei.7T OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS DECEMBER 6, I 9I 8 ,

Boston
FriFRAL REoFRYF!

:

Roceived x'ror,. Coiav;/.*;o tier
Retu.rnsd to Comptroller
C/..a/c3r.'ole to F- .R. A^ent
In har:e s _ i F * R - Agent
Issued to F\ R . bank less amount
retained to P* R. Agent for

■ 5^0
232.
---* _____ —
50J Z L
151,523
liL- _
520
162,303

redeivv^ion

New York

(In thousands of dollars)
Phila* Clevel* Richm- Atlanta Chicago St-Louis

1,215,600 31S,U20 312,360 loo, 250 152,050 517, c4o
*7^. 1
r----.
r^
„ r
)I ~ ^ 1
_
2,
id4 . 34l 5. !71_ 3JL>5o6__34.755_ 26.005 4e , 221
'( C1 J J * .59V2U3 2S1, 37* 153^55 166,075 ^ , 5 1 3
+' ) ) " *
■
+
112! C C O 2 7 ' 160_ is', £50 " V. 5 2 0 4 5 J 4 5
,
_
^'^oO
-r-',,

77S, 533 232,053 262,434 146,275 120,730^32,253

Minn. Kans*Cy. Dallas San Fran**

152,44o 114,451 152,700 33,520
^ ]lbri
26,4^0
125,390
ojCQj

rV ~
r <C rs O
\ - *£
>
C7 C
.
15,250 26,262 20,63s
36,231 126,1+35 73,252
5.4 20 1 j, 120
*V350

H 3,125

31,251 115,015 60,162

.

1

'235,320

Total

3,731,361
677,22$

£ CA *7
*
1 6 ^ 0 3 ____
215,517 3
T

, -

215,517

312,750

2,7^1,552

‘* \
T
'V
^
* f.
^ *
\
J
L i\ vj J.'VV^' X J b O .
Go'! d covi and certificates on hand
5,000
183, 7^0
—
12,750
2,504
2,000 13,052
12,521
G o^ d R 3dei: p t i 0:1 Fr,?.d
, ,, ,, ..... „
.
8,335
12,513 12,205 13/222
1,636
2,305
2,527
2,352 2 , u73
2,933 3,235
10,*32
rd.
lo O v tJ.C i'- s i -. G f H - -jjoard
- ju .1j ? J....
j
H
\ , ,«ir
-) ,% x v -^ -r-7
7 ■ -- 1
\
~
rr
\\
~
-r —7 - or/ ' O 'T
r~
~ ')]^ i * 1 hi
’
■
j"
1 - ■ •
■
■
(
C
, ,
,
44, Glr
)
7 4 ,C 0 ^ 70,1 5 3 10u4000 5.v » v ^
i
2Dj >2,j L
l j l h.x oj^
. 0 , 0^
\^
'* ■
•
V I
- -

j i xp/i.ole
i .i

mimiiiam required

Total
AMOUNT OF ELIGIBLE PAPER
IELIVEEED TO F. R. AGENT

231,627

—

75,673

1 '- Snl
7
i.
) 07 i
'h£yrIfx>_____ _________________________________ u ^ j J ___U ^X^^LiA ^lXD- ____hL^JJuZ- M rX^___ ____________________ _____________ ^
-LJkJUu±15
.
7 7 o ,5 3 > '2 3 2 ,O S 3 2b2 , U3U. 1^6,275- 120,735 ^ 3 2 ,2 5 3
113,125 ^1 ,2 ^1
1 1 0 ,0 1 5 60,1.62 215,317
2 ,^ 4 1 ,5 5 2

152,566

861,1*27 156,133 180,36^

31,025

S3,^35 276,653

76,266 ^ 2 ,31s

50,26s 5 3 , ^ 8

105,330

2,161,183

M E M O R A N D A
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F. R. notes outstanding
162,303
778,533 232,083 262, ^
F. R. notes held by bank
_
10,360 ______56,335_ 8,105 l6tM50
F. R. notes in actual circulation 151, S^3
721, 5UU 223,381 246,0^

Bills discounted and bought
U.S -Government short-term securities
l^unicipal warrants



146,275 120,730 U32,253 113,125 31,281
10, 585___ 3*j23£_r
^3jS l2 ____ 6 . 8U3
966
135,386 117, ^32 40S,6U2 112, 3^2 30,315

118 , 01860,162
6, 1481
§76
111,537 53,<S6
2

DISTRIBUTION 01 BILLS, U. S. GOVERNMENT SHORT-TERW SECURITIES, AND WARRANTS
BY MATURITIES
Over 90 days
31 to 60 days
6l to 90 days
l6 to 30 days
Within 15 days
22,543
164,334
444,715
, '■ 1,432,563
170,313
70,323
12,554
10,275
351
11,473
16
3
3
5
♦Subject to correction*

218,517 2 , 7 ^ 1,252
12 .UU6
157,323
206,071 . 2,564,523

Total
2,235,150

105,606
27

T

T

•

Released, for publication Sunday morning Dec* 3, ISIS; not earlier*
St*99^
STATEMENT SHOW
ING- PRINCIPAL RESOURCE AND LIABILITY ITEMS OE MEMBER BANKS LOCATED IN CENTRAL RESERVE, RESERVE AND OTHER SELECTED
CITIES AS AT CLOSE OF BUSINESS NOVMBER 29, lgig •
(In thousands of dollars)
1> Data for all reporting-franks in each district*
Boston New York Phila*
Clevel*
Richm. Atlanta Chicago St.Louis Minn * Kans.Cy. Dallas San Eran.
Total
UU
10b
53
25
SI
U5
101
3^
35
73
^5
53
753
No * reporting franks
U. S. fronds to secure
14,352
50,136 11 >32 42,333 24,314 1 5 ,1+65
i s ,951 17,655
6 ,Ui9 13,710 1 7 ,9 29 3l+,5°5
267,761
circular-is.on
Other U-S. bonds, including
r
r
Liberty bonds
2l,g2l
33S.991 74,099 96,426 5U .S H 42,039
126,24? 1+3,935 12,227 26,913 24,200 34,376
396,535
U- S. certificates of in,
.
debt-edness
53,266
353,359 23,757 70,657 22,1*90 31,353
72,296 12,302
3,485 17,923
7,996 *3,025
721,914Total U. S- securities
39,439
7H2 ,Us6'ii4,34s 209,916 101.615 33,062
2 17 ,1+ + 73:392 27,131 52, 51+6 50,125 112,406 1,336,260
91
Loans secured by U.S.bonds,etc. 110,319
66l ,424 170,170 95,72? 39,209 2 0 , 60S
31,359 2 4 ,3 /3
8,'(22
9,7^3
7,^33 13,t-02 1 ,24S,c04
All other loans and investments 786,322 4. U| U , P3 5 619 .916 960,210 3 3 3 .659 319 ,/OU 1,412,693 365,573 256,973 1 56,623 135,335 555>290 10 ,452,098
,
+
Reserve with F. R. bank
59,100
623,454 66,327 7 2 s67i 3 3 ,601 27,159
i4s,127 3^,931
22,270 36,535 15/137 47,067 1,192,1(9
Cash in vault
25,4s2
I 3 i :s69 21,020 35.333 19,973 17,366
62,966 13,724
9>3;<S 16,935 12,951 25,092
392,064
Net demand deposits
G%Q9'l72 ^*,^53 >3^ 614^922
323 >-^ 221,833
2*
1 2^2,J>10 215,^04 3^3?®5° 1^3*591 ^*26 2fo 9y552>£>&
Time deposits
33,563
261,462 15,301 225,357 57,695 91,73^
330,777 7^,263 '47,ic4 53,606 25 ,32b 124,4io 1 ,451,093
Government deposits
63,1+55
256,342 27,910 50>04l 13,103 16,941
77,101+ 12,573
4,224 12,153
7,9?0 22,993
5 °5 ,* c
:9
2 . Lata for banks in each central reserve city, banks in all other reserve cities, and other reporting banks.
New York
Chicago St.Louis Total Cen.Res.Cities
Reserve Cities
Country banks
Nov .29'— Nov *22
Nov .29--Nov .22
Nov. 29 Nov.29
Nov .29--Nov .22
Nov .29--Nov .22
170
171
No. reporting banks
61+
64
11
++
l4
122
122
1+60
1+60
U- S. bonds to secure
circulation
36,33U
36,33^
1,119 10,555
*+3,003
4g,00g
171,333
171,339 43,370 47,720
Other U . S . bonds, including

Total
Nov .29—•-Nov .22

753

267,761

752
267 ,117

396,535
937,123
Liberty bonds
233,664
235,150 67 , 69!+
32,833
3 * 4 ,24l
1+00,535
1+23,50U
446,1+31+ 33 ,340 90,104
U- 3, certificates of in­
721,914
633,196
debtedness
339,234 336,650 29 , 7^0
9,452
373,476
370,343
300,076
267,216 42,762 >+5,137
132,961 1,336,260 1,837 > 3 6
Total U. S. securities
659,232 663,134 93,553
52,390
310,725
319,336
895,563
335,039 179,972
Loans secured by U.S-bonds, etc - 607,103 623,536 59,030
19,257
635,390
706,263
485,323
433,443 77,336 76,732 l,2Ug,6o4 1 , 271 ,443
All other loans & investments 3,7^6,550 3,730 , 667
372,037 264,343 4,333,430 4,921,037 4 , 686,231 4,696,122 332,337 334,513 10 ,452 , 09s 10 , 501,677
Reserve with-F. R. bank
595,270 644 ,522 104,i42
27,349 726,761
779,363
4o4,767
451,213 60,651 59 ,396 1,192,179 1,290,472
392 ,064
397,637
cash in vault
114,435
115,510 37,059
7,339
153,333
153,364
191,697
192,9*0 4 i,4 s4 45,330
711,082 9,552 ,332 9 ,644,446
Net demand deposits
4,08^,317 4,152,206
753,721 173 , 606 5,020,644 5 ,099,227 3,317,992 3,334,137 714,246
Time deposits
206,551 207 ,s4s 143 ,312
53,923 403,786
403,799
356,975
353,377 200,337 197,611 1 ,46i .098 l > 54,737
535,829
593,924
Government deposits
242,125
263 ,062 47,190
l4,4l2
303,730
300,521
250 , 50c
:
263,495 31,597 34,903
Ratio of war paper to total loans
2 1.1
21.2
13-5
l^ a n d investments, per cent
2U*5
2k .J 15*2
IS *3
22-6
22*9
19*9
19 13.4





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102