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C O N F I D E N T I A L
Not for p ublicatio n.

’

. RATIO OF ''FLOAT1 OF EACH FEDERAL RESERVE BANK TO IIMEDIATELY AVAILABLE DEPOSITS.
'

•

yocLoral
Rosorvo
Bank

(in thousands cf d o lla r s .)

'

St. 473
July 3,

1
1

1919*

’Float,T aft^r adding not dobit* ^ l o a t " aft-er deducting National and F* R»
1
"FLOAT"
’ t
1
t Ratio to *
or deducting not crodit in l
Bank not os, also net investment in
Ip fjrrjd
Saturday* s so ttlomont*
1
transf.ers frcsa second calculation.
tUncolloctod tavailability J jvmount. ^liiiuiodiatsj ly ^
i
Ratio to immediately
* Ratio to iiniuediatoly' 1
1
tavai lablo
1
f
itoms
1
itoms
available deposits
T
• Amount 1
t
Ideposits
1 ^xiOUllt » available deposits
1
1
1
per cent.
t
!pjr Cuiit.
*
1
1
per cent
\

12.0

56,630

6.9

50,553 .

6.2

3.6

6,242

5.7

6,242

5*7

12 ,139

3*6

7,144

5*o

6,716

4-7

47,326

12,073

20.5

15,021

25.5

14,374

25.3

25,327

7,649

14.5

10,59S

20.0

10,341

19^.6

61,663

21 , 023

7*3

16,530

5.3

16,363

5*7

19,546

189, u s

l4l, 409.

47,709

phi lado lphia

63,536

65,5^7

3,9S9

Clovo land

61,736

49,597

Ri chmond

59 f s99

Atlanta

32,976

How York

Chicago

69,891 ;

S2 , 6 S 6

11.8

13,305

50,345

Boston

17.6
5.3 .

.

13,122

St# Louis

5^,239

37,639

16,550

24.1

7,793

11.3

6,795

9-9

Minneapolis

11,644

9,763

2,031

3 .5

2,339

4.3

2,641

4.4

Kansas City.

5d ,S94

36,946

19,943

22.5

24, 166

27 *3

19,789

22.3 ,

Balias

23,095

16,164

6,931

1 5 .1

6,263

13 *6

3,454

7*5

San Francisco

23,114

19,620

3,494

7.3

11,546

10*6

3.629

3.0

74o ,02S

561 , S96

173,132

■
9*1

173,132

9 .1

159,524

3.2

Total

DIVISION OF BEPORTS AND STATISTICS
FEDERAL RESERVE BOARD
July 10, 1919.



C 0 K PI D E N T I A L
Not for publication.

COMPOSITION OF UNCOLLECTED ITEMS M D DEFERRED AVAILABILITY' ITEMS

St. 473a

(in thousands of dollars.)
UNCOLLECTED ITEMS
T
r
* Checks •National Bank*
1
*
' and
* notes and *
!
’ Clearing* other *bank notos o f ‘ Transfers 1 All other »
*
house ' cash *
other
* bought luncollecte d*
*Exchangos* itoms * E • R* Banks ®
1
*
items

I ?

*

Bank

Bo ston
Now York

5,682

i4

30,179

5,657

phi lade lphia

7 , l 4s

2,791

Cleveland

4,889

Richmond

2,845

183

-

6,0 7 2 -

64,012

July 3 , 1919 ,

11

t

DEFERRED AVAILABILITY ITEMS

•
1
1
1
»
* *
Gold
1 Transfers • Goverianent* Other
1 1 So tt lemon1 1
1
sold
* transit * transit
f r1
Suspense*
*
items * items
1 f
15,455
f 1
34,890

II

Total

6 3 #g91

147,210

189,118

-

-

59,597

69,536

9

32 s

100

56,410

61,736

138

i47

-

56,769

Total

50,345

y •

» '
f t

62,473

-

-

78,936

l4i, 409 .

*
9
•
f

27,029

-

2,391-

36,127

65,5^7

12,441

-

1,249

35,907

19,143

-

1,674

27,009

47,82b

7,349

-

2,129

15,849

25,327

2,378

39,828

61,663

59,899

»
!
»
|

f f
» 1
f |

’

49,597

Atlanta

2, 59s

297

257

-

29,824

32,9fk

Chicago

9,724

-

287

280

71,795

82,686

* J
t f
I 1

18,457

1,000

St . Loui s

2,254

4g

473

530

50,934

54,239

* *
| f

17,095

-

719

19,875

37,689

Minneapoli s

1,588

1

22

226

10,007

1 1 , S44

2,887

•

690

6,186

9,763

Kansas City

1,230

584

146

4,231

50,703

56,894

* *
1 1
* j
| |

11,704

-

-

25,242

36,946

Dallas

1,090

926

245

2,584

18,250

23,095

■»
y f

3,930

20

1,924

10,290

16,164

San Francisco

2,144

30

222

2,696

23,022

28,114

1 1

9*094

1

133

10,392

19,620

71,371

10,495

8,382

11,247

638,533

7 ^0 ,0 2 8

207,057

1 , 021

13,287

340,531

561,896

TOTAL

..
*

JBDERAL RESERVE BOARD
DIVISION OF REPORTS M D STATISTICS
JULY 10, 1913.




S i
* *

i

FEDERAL RESERVE BOARD
X-l6l5
G O L D
S E T T L E M E N T
F U N D
of t r a n s a c t i o n s for week ending Ju ly— 0 . 1 91 9. ,
f i n thousands of UU1 ,JcJ £/
LiL 5
UUQ 14 d ollars)________________________ CONFIDENTIAL______________
*.
I 1
L.U ! 1iHMNXIAJj
IU

Federal
Reserve
Bank of
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
•Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total

Balance
last
statement
July 3,

Gold
with­
drawals

28,326

i
t

153,304
>+5,772
48,459

200
66

258

70
7

493

10,306
1,600

2, Quo

Federal
Reserve
Agent at
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
:
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total




90 ,.000
60,889
95.000
41,500
41,000
255,504

3,493

4o, 000

20,000

20,000

91,279

55,000

48,531

110,848
75,269

5,000

176
12,139

5,000
26,447

R E S E R V E
Withdrawals
Gold
Gold
for trans­
with­ deposits fers to
drawals
Bank

5 .000

___

A G E N T S
Deposits
through
transfers
from Bank

5,000

2,000
10,000
12,320
3r000

5.000

119,493

^119,493

*

15,500

10,000
2,000

Total
with­
drawals

12,000

1 1,7 5 5

5.000
23,320

Total
deposits

18,766

3,918

48,192
21,099
47,159

12,684
“ 68,898

1 , 025,728

Balance at
close of
business
.T tr in TQIO
ill

47,313
118 ,19 4
44,280

61,736
23,890
18,936
108,759

26,564

29,659
36,176
9,599
36,894

562,000

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

1 . 000

5,000
12,000
1,000
7,000

500
- .1,155. — ..

4,429

Total
:
Net
Credits : Credits
100,824 : 19,025
282,656 :
103,781 :
90,087 : 21,173
94,236 : 2,957
31,496 : 3,397
123,059 : 12,210
78,859 : 3,590
14,336 :
44,274 :
27 , 6 4 5 .. 6,546
34,475 ;
1 , 025,728 : 68,898

Balance in
fund at
CJLOSo OI
business
July - *
10.1919 .. ...—
v-

FUND

20,800

500

28,099

1,755

23,594

56,431
1,684
103,294
832,462

68,914

6,996

1,000

2,000
1,000
7,000

35,110
12,757

Total
Debits
81,799
317,766
116,538

26,535
5,962

21

176

Net
Debits

7

21

21,360

Credit

Settlements from July 5 to •
July 10, 1919 , both inclusive

962

66
10,070

258
12,320

F E D E RAL

Balance
last
statement
July 3,
._.19.19
45.000

Debit

"•

69

3,127

TRAN!S F E R S

10,306
1,600
69

52,823
564,553

Aggregate
Aggregate
withdrawals deposits & :
transfers transfers:;
to Agentf a
from
Fund
Agent’ s Fund
1 , 0U)

2,200

2, OUu

10,863
15,790
105,031
24, 867
34,020
to, 073
5.225

Gold
de­
posits

1,755
27,255

46.000

90.000
2.000

35,110

57,889

708
15 ,2 11

95.000
29,500
12,320
3.000
10,000
2.000
_5,ooo
35,320

Increase
19,987

2,957

40.000
260,824
59,431
20,800

4,429

31,360

3,918

3 ,1 84
106,539
840,527

3,397

12.684
56,141

5,741
3,590

4,550
56,141

s t Us3
STATTIENT TOE THE PRESS.
Released, for publication Sunday morning,
Ju ly 13,

Federal Reserve Board

1315 ; not e a r lie r .

Ju ly 12,

1313 .

CONDITION OF IKDFR.1L RESERVE B/ffiCS
Further increases in the holdings of war paper and acceptances and cor­
responding increases in not deposits are in d icated in the Federal Reserve Board*s
weekly bank statement issued as at close of business on Ju ly 11,

ISIS*

Wet gold withdrawals during the week aggregated 1 7 -1 m illio n s, while gold
withdrawals since June 6 , the Friday preceding the removal of the gold embargo,
totaled about 30 m illio n s .

The Federal Reserve note c irc u la tio n shows a decline

for tne we^k of 14*2 m illio n s as against an increase of 52-3 m illio n s in war
paper road of 23*4 m illio n s in acceptances.

The banks show a, decline of about 11

m illio n s i n other discounts on hand, while Treasury c e rtific a te holdings show a
further addition of 6 m il l io n s .

Total earning assets went up

for the f i r s t time are i n excess of 2 g M l l i o n s .
-

m illio n s and

The amount of war paper hold

under redisco\mt for other Federal Reserve b;.nks shows a slight decline to oG.j
m illio ns,

while the holdings of acceptances purchased from other Federal Reserve

b rules declined by 5.7 m illions..
Government deposits are shown lU»3 m illio n s and members 1 reserve, deposits —

3 S .7 m illio n s larger than the week before, while the "f l o a t " carricd Tj the re­
7
serve banks i s 3 0 * 3 m illio n s lass*
credits,

Other deposits,

including foreign go Vermont

declined about l4 m illio n s , w ith the r e su lt that net deposits work out

7 0 *4 m illio n s in excess of the previous w e e k's to tal.
Total cash reserves show a decline for the week of 15-1 m illio n s .
reserve r a t io ,

largely because of the considerable increase i n deposit l ia b ilit ie s ,

shows a decline from 50 *S to




The banks*

-8 per cent*

19 19; not ^ar li v r ,
if 1H
^
STATEVIENT OF COMBIIGD RESOURCES J P D LIABILITIES OF THE TEELV feberal fee::rve b a n k s /, T CLOSE OF BUSI, ISS JULY "1, L-jij
SF
St ,433a
R E S O U R C E s
J u l y 1 1 , lylQ
July 12 1913■
July 3, lojc
Gold coin ana certificates
2 7 9 ,^ 5 ,0 0 0
"422 73 0 ,000
$232 , 943,000
Gold S- tt 1 m:nt Fund-F«R*Board
554,^12,000
564.290.000
524 225 ,000
Gold with foreign agencios
15 ^2 0 ,000
Total gold hold by banks
-3^,357,000
^477233 ,000
962 492 ,000
Gold with E-d-ral R>s';rv, Ag-nts
1 , 163, 063,000
1 ,1 5 5 »27 o ,.000
90 5 147 ,000
Gold Redemption Fund
n 4 .3 Q q .0 Q w
34 413 ,000
1 2 6 .4 3 5 .0 0 0
To tal g-Id r . so rv : s
c
*2 ,111,324,000
C2,128 ,9,46 ,000
1:>960 0 k2 ,000
L^gal t ,nd r not^s, silv-r, etc*
, 70 , 000
/
A 3 .,337,000
.. 6b ,4c7 , ooo
.
Total r.s.rvos
,130 ,211 ,000
2 ,015 934 , 000
2,135,333 ,ooc
^ . t!
,*
, n( Socur :• d b y Gov11 *war ob 11 gati on s
1 , 634,546 ',0 0
0
1 , 632 , 630,000
B ills discounted; - .n
60 b kGG ,000
e V
0J 7
(A ll othor
251, 367,000
2 6 2 ,3^5 >ooo
553 c—c ) ,000
B ills bought in opon.marbt
& ,035,000
330, 679,000
213 464 ,000
Tot:al bills on hand
2 ,2 9 6 ,3 4 3 ,0 0 0
■2,225,707,000
1 ,3 7 0 j4 b
U* S* G-ov-rnncnt bonds
27, 131,000
27,1 30 ,0 0 0
4o 273
U* S* Victory u o t.s
374,000
377,000
U* S* C-rtificateS of indebtedness
206,054,000
200 ^ 60,000 ,
"31 c2 7 ,000
111 othor earning assets
__ [ cL ,020
Total earning assets
2,453 ,252 , GOO
ol4 ,coo
- 3 jS u (
1
Bank promises
1 1 . 699.000
1 1 ,o84 ,000.
Uncollcct :- i t - s and othor deductions from gross deposits
d
m
740 ,994 ,030
: 7 4 2 ,527,000 •
o40 4 10 ,000
5fo Redemption fund against F*R* bank notes
1 0 .052.000
3, 95b ,000
735 ,000
A ll other r-sources
^
10 ,334 .000
G 979 ,000
10 ,306,000
TOTIJL RESOURCES
5,433,197,000
5 ,423 ,163 ,000 4 >11? 722 ,000
L I A B I L I T I E S
Capital paid-in
32 ,351 ,00 0
02 ,011,000
76 324 ,000
Surplus
s i ,037,000
31 ,037,000
i 134 ,000
Goveram en t d posi ts
151. 190.000
1 3 6 . 323.000
1 09 393 ,000
Du.o to members - R js ^ n a account
1 , 726, 323,000
1 , 6 3 7 , 603,000
1 ,4- 346 ,000
39
Bef :rr od availability items
591.230.000
5 6 1 . 396.000
477 5^0 ,000
Oth_r deposits, including foreign'government credits
114 .673 ,000
s
1 23 .693.000
1,07 >Go ,000
Total gross deposits
2.514.530.000
2.533 ,427 ,000
2 ,194 074 ,000
F - Rr notes in actual circulation
2.552.343.000
r -7
71
2.533 ,127,000
1 ,0 J j
_ 425 , 000
131 ,570,000
F* B* bank notes in circulation - net liability
134 ,806,000
1C 300 ,000
. 10.762 000
.
All other lia b ilitie s
12 , 890,000
21 M;)R ,000
5,423 ,103,000
TOTAL LIABILITIES
57+33,197,000
4 ,117 722 ,000
Ratio of total reserves to net doposit and F* R« note
50.3 f
o
49 Z ‘k
>
. KC .9. /U
JJ
lia b ilitie s combined
60 .^
Ratio of gold reserves to y. R# notes in circulation
•6 .7
l
31 .2 1, j
after setting asido 3 5 fo against net deposit liabilities
In: i.uae: on.

0
0
0




0
0
0!

R e le a s e d fo r p u b l ic a t i o n Sunday m orning J u ly 13,

R e lo a s id for publication Sunday morning J u ly 13, 1919; not oarlier.
lOEKLY STATE!,'IENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE B /M S AT CLOSE OF BUSINESS JULY 1 1 ,
R E S O U R C E S
(in

3
qs
G o l d c o i n and c e r t i f i c a t e s ---G o l d s e t t le m e n t F"und ~ F>R - Board
Total

g o l d h e l d "by b a n k s ----

G o l d w i t h F e d e r a l R e s e r v e Ag- nts
G o ld R edem p tion F u n d --------T o t a l g o l d r j s e r v e s --------

Legal tender notes,

silver, utc.

4 ,0 0 1

52.093
55.094
55 , 16 s
is , 552
130,114
6 , 282

Tot. 1 r e s e r v e s ----------136,396
B ills discounted*
130,677
Secured by Government wax
obligations ( a ) --------A l l o t h e r --------- -----7 ,5 4 5
22.720
B ills bought in open market (b)
.
168,942
Total bills on h a n d ------54o
U* S» Government b o n d s ------28
U> S- Victory n o t - s - - - -—
- 16,916
U-S.c-rtificates of indebtedness
I f b , 426
Total earning a s s e t s -----800
Bank pr-raises------------Uncoll-ct.d it-ms and oth_r de­
6 7 ,7 6 9
ductions f romv gr,o ss deposits ~
5'p Redemption fund against
845
2 • R* bank n o t e s --------379
A ll other r-sources ---------

IJ - y o r k
ww

th o u s a n d s o f

phi la- C le v e l.

176,285
472 24,455
12.4,343 44,318 61,491
300, 6 3 1 44 ,7 90 85794 b
209, 80 370 , 72 5 12 9 ,12 6
2. ,829 11,933
4
1,233
6 1 5 ,^ 9 127,448 21 b, 305
51,873
365
874
667,228 127,813 217,179

d o l l a r s ,)

Ricim. A tlanta Chicago,. St-Louis

2,052
26,433

26,485

31,472
5.635
657532
495
66,087

.5 ,4 7 8
26,935 3 ,3 6 3
7 9 , 1 P9- 422 ~7 So 9 5 , 877"
1,533
764 3 , 5 6 1

8 0 ,7 12 42 3,5 52 99,438

I,linn. Kans- Cy
3 ,3 9 5

99

D allas

5^5
279,545

3 0 ,2 2 5
3 8 , b 20

3 6 ,7 7 5
5 b ,874

1 0 ,3 S 5
1 8 ,2 3 4

18,067

5 5 4 ,8 1 2

3S,9t>5

3 5 ?3 5 i

3 2 ,3 17

1 7 ,2 7 1

12 4 ,8 8 9

334,357
1 , 163,06 c

4 , 17
8 ,3 6 3
1 __________
____ 9___________________ , 9 4 6
9 15
76, ObG
JC , 0 5 4 3 7 , 5 1 1 1 6 4 ,7 6 9
5
77
296 1,900
3 05
7 8 ,9 6 5
7 3 ,3 50 3 9 ,4 1 7
165,07 4

2 ,1 8 0 ,2 1 1

3 S , 6o4 3 4 ,7 7 4

1 , 684,946

3 4 ,0 12

3,-443 14, 347
6 2 ,3 4 2
1 5 ,6 7 9
119,363
631 I p ( Q ' . j T j 6, QS7
9 2 4 ,6 0 6 140,007 1 3 0 ,3 4 1 34, 355
1 ,3 0 1
1>3S5
1,083
1 , 234
1
50
59,020 2 3 ,3 4 5 19,313 6~S60
984,977 215,238 177,337 ICj,,049
500
4 16
3 ,9 3 9
375

13, 547
J . 726

4,225 4 6 ,9 9 4 22-432
2
7 01
22,473
b 0 ; 70 S * 8 5 ,^ 0 0 57,957

7 1 ,7 7 9

1,900
2 » f 65

1,175
732

5 5 ,3 4 6

j

50.887
S., 973
"2 7 ^
5 -o 7 ,1 7 4

376
4 ,4 7 7
l, 153
.
7
,1 ° . 575 2 5 ,6 12 17,068
99, ,221 3 0 1,5 0 4 3 5 ,3 9 5

458

6 Jt642
L

3 1 , ,420

856

448

959

* 866

508
625

2,936

692

9 1 , 7 3 1 50,004
1,6 2 2
1 ,3 8 4

812
469

Tot.

. 20,898

67, 9 9 0 1 8 8 , 2 0 5 4 7 ,7 1 1
32:323 10 , 49 c

sen "'r .11.

7 ,9 0 9

742 , 9 0 1 1 7 3 , 6 9 7 1 0 4 , 4 7 3 7 3 , 1 2 1

II E LI O R A

(b )

8,035 23, 4o6 3,535
19 , S23 104,139 26,720
27,858 127,545 30,255
45,793 268 , 30 s 62,259

'1 1 6
8,067 3 ,96 6
2 60
5 ,9 0 0
7 ,3 9 6
6 ,9 19
6 0 ,0 3 1 101,863 6 7 ,8 2 3
401
222
—

15,333
31-4
loO

5 5 ,7 4 6 1 7 ,8 4 2 '

4 0 ,7 8 1

1 1 4 ,3 9 3
2 ,1 1 1 ,8 2 4

68,387

1 2 ,4 5 2
2 5 1 ,3 6 7
7 6 ,5 4 7
3 6 0 ,0 3 5
1237730 2 , 236; 348
2 7 ,1 3 1
2 ,6 3 3
374
6,630
2 C6 , 054
139,043 2 , 529,907
4oo
1 1 ,6 9 5
3 3 ,5 5 2

7 4 0 ,9 9 4

728

436

408

10 ,052

4co

630

357

l®»334

39 2,615 1 , 843,697 417,237 45 2,5 5 2 232,508 2 12,944 822,729 236,810 162 , 823: 237 , 5 7 3 526,370 345 ,33 4 5 ,4 8 3 ,1 9 7
-

TOTAL RESOURCES

(a )

S t . 433 b

1919-

in c lu d e s b i l l s d isc o u n ted
f o r o th e r F-R- b a n k s , v i z ; —

37 D A

61,875

25,000

;6 ,8 7 5

includes bankers’ acceptances
b o u g h t from o t h e r F.R.BanksVfith t h e i r
W it h o u t

e n d o r s e m e n t ---

th e ir




5,062

endors- m ent—

Includes Government overdraft of fl6 0 ,000 .

5 ,0 6 2
18 ,6 5 5

18 ,6 5 5

Released fc r p u b l i c a t i o n Sunday morning J u ly 13,
WEEKLY STATEMENT OF RESOURCES I D

St* U£3 c

1919 i not ^ a r l i w r »

LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JULY 11,

I919,

(in thousands of dollars*)
L I A B I L I T I E

Boston

N~w York
2 1 ,^ 7 1

6,577
5,206
17,063

Capital p aid - in - --------S u r p lu s -------- ------- - Government d e p o s its ------Due to members - Reserve account
Deferred availability it e m s A ll other deposits — ------ —
Tot^l gross deposits -----

7,654
5 .3 1 1
10,073

32,922
3 9,35 7

707,647 QO. ]l|.Q
53,232 144,133 6b . 512
1.312
232. 105 ,. 64?
1 1,044 99b, wGO .17-7,039
;..

1 04,451

751,780 2 0 4 , o46

181,787

F*R*b.nk not^s in circulation net liability ----------All other lia bilities ------TOTAL LIA BILITIE

phi a *

16,688
. 1,013

3 6 ,3 3 4
4 ,3 1 0

2 2 ,3 7 9

eeo

f e .615 1 , 243,637 417,237

,

n ,

3,500

U«

S* c e r tific a te s of indebtedness




9 ,7 1 0
2 C, 113

2,5^9
8,474

54,535
54,953

;6 ,4 i 4
34 G

l .i 'r

4 ,2

2 2 0 ,1 4 2 1 0 7,6 95
220,14-2 107,695 1 1 5 ,1 1 9 4 2 7 ,2 1 1 103 , 283

6,502
537

lb .626
*s 4 i

3,7 9 4
443

26,062
1,3 6 5

1 5 ,6 5 1
500

2,'320
3 ,16 0
52,923
12
IP., ^Up
12,542
M 2
i?

2,551

3 , 9 5 7 ^ 2,0291
4 ) 57 '
. -_ ____ .
., .
1 , 0C7 -7
6,166
7705,0
6 ,1 7 6
151, 10 5 '
7 o,bbU UU, 032y 94,353 1 , 72 6,3 29
SQ.P^R
2 2 ,0 2 1
5 9 1 .2 ^ 0
39,265 IX , ^
13
712
o4
3 .3 U 4
i l k ,$7 -

81,63 4

§3 ,0 8 1

4 7 ,6 8 3

6,330
413

12 ,365
1,000

7,9 53
676

452,552 232, 50s 212,344 822,729 236,810 162,823 237, 57 s 126,370

ix 0

201,062 2 , 538,12 7
7 ,4 2 2

184,806

OCX

12,835

J JJ

345,334 5 , 483,137

R A N D A

4 5 ,0 0 0

12^357

/5-lJ-O 2u+.04o

2j)0#o54 lj.lr 9 u
,o

>

;6,S75

2,000

V/i thin 15 days

1 , 665 , 55 s
l o >°25

^ D . I N ACTUAL CIRCJLATI0N
1^3 r 529 ^-oO. 002 H 7 . 72 U o3»797
99 sUU
____

U9 , 9 3 5 2 2 6 , 6 1 2 2 , 76 0 , 2 uu
,

11G; .U 3 4 2 ? ,2 1 1 103, G G 3 ~ G 1 ,'634
.

4 7 ,6 8 3

10,732
3 a999
,------ _______ 5«4io 32’, 791 i 13.g4i
32*791 I 3 a 4
2,163

2 2 0 ,1 4 2 1 0 7 , ^ 9

DISTRIBUTION OF BILLS AD U.

B ills discounted ----------B ills bought in open market ---

2 C05
6,787

5 ,062

___2£>. !45

F .R .n o t o s xn actual circulation 1-1,7-7

23 '

V

247
229
199 , G3 1 105,747

3 9 ,5 7 5

"SO °pr p i f ,
^ 50,^25 216*433

153

9.252
5 , g6o
lo ,699
13 ? ■
130
L.'/ " 7 r r
j
.n 1 >tjj

I.r E

Contingent liability as endorser onpiscoimted paper rediscounted
with other F> R* b a n k s Bankers: acc ep tan ce s so Id to
oth^r F«R* banks — ----5,062

F . R . not-s o u t s t a n d in g -----p . 3 . not-s haId by bank -

Picha*

ClvJVwl*

lb to 3 0 days

47,463
. 53,234
1 ,0 1 0

31
.

S,

2.163
'S\463 6!46^ 2’
2 ; 252 25,550
9 3 .0 G 1

222,161

201^062 2, 531','127'

CERTIFICATES OF INDEBTEDNESS BY MATURITIES.

to b0 days

136,503
146,607
1 2 , 4 c6

6 l to 90 days
60 ,365
64,073
28,322

Ovor 90 days
2 6 ,4 15
1 4 5 ,0 1 1

Tot.-l

1 , 936,313
360,035
206,054

Ro lcp.su c for p u b l ic a t i o n Sunday m orning July
l

13, 1919;

not ja r liu r .

STATEMENT OP FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSIl^SS JULY 1.1,
(in

iJ~ fork
v/

FEDERAL RESERVE NOTES}

p h il^,

t h o u s a n d s of

Cl-Vwl.

c- i- rg.noi,

in hands of p.

to I.'.ii.
r,

-

2 1 0 ,6 3 5

A g e n t -----

6 7 1 ,0 5 5

20,700

117,1100

Richa,. A tlanta Chicago S t ,L o u is Minn. K_.ns.Cy*




29,050

d j ™
es|ss6

’f S

i s o 'l o ?

i r e , 715
’

1 72*763
+

5 9 ,u *

1^,760

\
“S / S ?

To t_~l

\
H r '~ ?

96,'557 112,' 19H

104,760 300,720 4 , 756,900
.>4,550. , 60,908 1,62 6 ,12 4
70,17 0 231,812 3 ,13 0 ,77 6

12,650

20,235

99,51,1*

1*9,335 226,612 2,760,259

—

550,225 216,433

159,935

924,606 145,535

i

21,125
3,001

1,972

2 ,500
3,293

17,070

S - rr.Ji,
-n

11,,760

153,740
16, 1U 13,299
9
90,000 57,426560,336 145, 70s

2o,320' 27 , 12s

%

R .l l ^ s

50,2=5 216,1,33 2/0,051, 111,690 123,529 1*60,003 U 7 , 72l* S3 , 797

COLLATERAL SI1
CUR ITY FOR
OUTSTANDING- NOTES;
Gold coin ana certificate
on
h a n d -----------G old redemption f u n d -------n i5s
Gold Settlement Fund - p .R ^ o a r d 44*000
E l i g i b l e paper, minimum required 13U, 7 67

AMOUNT OE ELIGIBLE PAPER
EELIVT
,'RED TO F, R, A G E N T ---l6o, 9^2

IO ^ O s

9 6 T ,t * > 3 * 5 ,5 1 3 2 5 9 ,1 7 ^

I s sue a to j , r , bank less amount
returned to F-Ro.g-nt for
r e d'^ip ti o n ------------- 189, 93 5

To tal

1 6 3 ,2 6 7

St * 4c> d
3

do llars*)

2
Received frcxn c o m p t r o l l e r ----- 3 3 0 )350 1 .6 3 8 .6 3 0 M 08 780 36"*) 480 ppr Aon ox<~ t=rv^ c-i - - r r-,
B o t u r n o d to C o m p t r o l l e r ------- U 0 , S * 5

I9 I9 ,

5,200

370 , 1,07

2 829
59,430
55,465

13 ,052
1,499
20,500
45,446

1,457
31,360
66,727

11,5 5 1
231,995
2,506 13,920
88,576
3 , is4 110,969
S4s, 494
32 ,664 101,723 1 , 597, 22.1

460,003 117,724

53,797

99,544

49,935 226,612 2 , 760,259

271,359

55,221

55,600

57,957 io 4 ,S 57 2 , 210 , 07s

7,483
260, 825
191,695

63,425

S l i E J I T FOR

T IE

PHSSS

E c l e a s e d fo r p u b l i c a t i o n M onday m o r n in g ,

July lU,

F e d e r a l R e s e r v e B o ard

IJlyj not earlier.

July 12,

ljl>»

CONDITION 0? IVE/IESR BANKS
Tho F e d e r a l R e se rv e B o a r d * s w e a k ly
b e r brziks i n

lo a d in g c i t i e s

fo r

t io n on s e l e c t e d d a t e s b a c k to
fig u r e s fo r e a r l ie r
p o rtin g

b an k s i n

shown the

b a n k s are

o th e r

o f the p r e s e n t y e a r .
for

th an i t

the r e a s o n
is

t h e ir

that the num ber o f r e ­

at present.
the

C ^ P ^ r i s o n with,

In a d d it io n

am ounts o f c o l l a t e r a l n o t e s

t h e i r F e d e r a l R e se rv e

possible to m e a s u r e

lo a n b u r d e n from

to

the r e l a t i v e

t h e i r 01m

sh o ulders

b an ks by
e x t e n t to
to

those

banks.

w e e k , mom bo r

S- b o n d s ,

shows c o m p a ra t iv e f i g u r e s o f c o n d i- ‘

r e d isc o u n te d w it h

thus becomes

sh iftin g

the F e d e r a l R e se rv e

o f U«
in

It

le ss

the c o n d i t i o n on J u l y 3 o f mem­

state m e nt g i v e s a l s o

custom ers1 paper

the r e p o r t i n g b a n k s .

For the

time

the b e g i n n i n g

1 3 1 2 w as m a t e r i a l l y

d isc o u n ted and o f

of

firs t

dates i s not p r a c t ic a b le

the ite m s p r e v i o u s l y

w h ic h th e se

the

sta te m e n t o f

ban ks

re p o rt an in c r e a s e

than c ir c u la t io n bonds,

the h o l d i n g s o f V i c t o r y no

tv ,

s.

It

is

o f 7<3 m i l l i o n s

as a g a i n s t

lik e ly

th a t

in

a decrease

the in c r e a s e

t h e i r h o l d in g s
o f 2 6 .3 m illio n s

i n U«

S* bon ds re-

.v” rr. ■
-

p r a s o n t s y c p c n rnaikot p u r c h a s e s

o f F o u r t h L i b e r t y Loan b o n d s f o r

m o n th to c u sto m e rs u p o n p a jm e n t of
o n hand,

f o l l o w i n g the i s s u e

o f S U ,6 m i l l i o n s ,
offset in part
o f war p a p e r

a la rg e r

in d ic a te

net

p a p e r i n c r e a s e d frcm 3 , 3 2 6 . 5
23 *2 per

cent of

tha

at

total

the b an k s i n

of U0 . 5 m i l l i o n s ,

Aggregate

h o l d i n g s o f tj*

to 3 . 3 5 1 * 7 m i l l i o n s /,

these

W h il e

S*

w ar

c i t i e s b e in g

c ities.

o th e r

and

secu ritie s

co n stitu tin g *

in th is ra t io

from 25*7

to

26,6

H o ld in g s

l o a n s jm d i n v e s t ­
w ar

a s the w e e k b e f o r e ,

locals a n d in v e s t m e n t s o f a l l r e p o r t i n g b a n k s ,

N ew y o r k C it y b a n k s a n i n c r e a s e

per

For

the

c e n t m ay be

noted.
N e t w i t h d r a w a l s o f G overn m ent d e p o s i t s ,
i n hand w i t h a n i n c r e a s e
R e se rv e

banks,

w h ile

1'35*1 m i l l i o n s .
m illio n s,
head,

of

other

Reserve

1 3 5 ^ m illio n s
dem and deposits

b alan ce s w ith

ag g re g a tin g
in

cash i n v a u lt

the F e d e r a l R e s e r v e




shows a d e c l i n e

for

go h a n d

show a c o r r e s p o n d i n g g a i n of

the N ew y o r k C i t y b a n k s r e p o r t i n g a n e v e n

w h ile

177 * 1 m i l l i o n s ,

total b o r r o w in g s f r a n t h e F e d e r a l

(n o t)

banks d e c l in e d 5 7 *6

l a r g e r do'crcase u n d e r

the w e e k o f

the

show a t o t a l in c r e a s e

the F e d e r a l R e s e r v e
o u t s id e

d u r in g

Treasury c e r t i f i c a t e s

t a * c e rtific a te s,

shown f o r member b ^ n k s

liq u id a tio n

m e n ts w ent up S 3 . 3 m i l l i o n s .

f in a l in s t a llm e n t .

of a d d i t i o n a l

in c r e a s e

by re d u c tio n s

th e ir

d e liv e ry

m illio n s.

t h is

Released for publication Mondr.y nK rni„g, July jl*, lg ig. not a. r l l a r ,
i
Si ♦UE 4a
<>

STATEMENT SHOWING PRIFClPAL RF^OTIPrP
k l --Consaratjjrg^ t a

m
K^ 0UKCE
for all reporting banks.

Ai\m r r ^ r r r r n v

Ym

~

LIABILITY ITfl'S CF MEMBER 'BANKS IN LEADING CITIES.

(in thousand:
July

3.

l.Qlo

June 2 7 ,

ISIS

A p ril 4 , 1919

January

i umber Gf reporting b a n k s ----------\

771
U. S. bonds to secure circulation __________

772

77 3

2 6 9 ,3 1 4

U« S= Victory notes ----------------

263,323

636,259

Other lj, s, bonds, including Liberty bonds

2 b9 , 2o 4
623,427

646 ,365

763
2 6 5 ,7 7 4

2 2 7 ,5 6 9

347..917

ljOOl ,282

Loons secured by U* S. bonds, etc.

Reserve balance

"i-h Federal Reserve b a n k -------

Gash in v a u l t ----------------------Net demand deposits------------------- _ _ _

Bills payable v/ith Federal Reserve

_

b ank______________

Bills rediscounted with Federal Reserve bank_________
Ratio of U., S . war securities and war paper to total
loans and investments i per c e n t _______________________




1.269 9U3

2 , 159,252

2 , ( 5 / ,031

2,363,291

I , 4 c 6 ,o 4o

1,10 6 ,7 5 1

1 , 220,040

10 , 754,105

10,213,291+

1,265,710

i , 3-?3,333

" 1,2 67,552

342,204

3 5 1 ,5 9 9

-

3 4 9 ,5 7 9

10,114,4691; 295.349
Uf’* > J 1
' 1

10 , 451,463

10,236,406

10,097.1465

1 ,7 5 6 ,9 2 0

Tinie deposits- - —— ___________________
Gov ernzrent d epo si t s _____•___________ __________

1 , s'l 1 , 7S 3

1,366,2.61

Tot-1 U • S. securities-----

^16 .739

2>25'-’ ,772

c e 3 t ificauoa of indebtedne
:

374.322

io ,o 3 7 ,4 i 6

U.

1,756.963

1 ,6 9 1 ,9 7 1

1,552,301

6 0 5 , 51+5

722,610

452,231

4 3 1,6 o4

1 ,1 1 9 ,9 1 7

1,025,344

1,140 ,253

972,220

366 ,446

325,067

27 6 , 737

23 ,2

23.2

25.5

10,145,055

466,163

24.2

- j

Released, for p u b lic a tio n Monday morning, July l4 ,

1919;

St . 4s4b

not e a r lie r .

STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BANKS IN LEADING CITIES
_
(In thousands of dollars)
——
al l . ,£Q£Q£ting banks in each district, as at close of business July 3, 1919,
Boston
New York Phi la.
Clevel* Richm. Atlanta Chicago St.Louis Minn# K ms-Cy. D a llas San Fran,
No % reporting b a n k s --------46
109
56
75
44
53
<5
3
52
100
36
47
35

U.S%bonds to secure circulation 1 *
1,507
*+3,9 7 9
1 1 ,5 9 7
Other U»S, bonds including
Libert/ bonds ----------1 6 , 101* 2 9 7 , 1.116 3 3 ,35 6
U«S«Victory notes --------10 , ikk
150 . U05 17 ,30(2
U «S »certificates of indebtedness 46,390
365^1
Total U»S* securities ---- S ( i 74-5
3 7 0 9E 'd l 1 0 ( ,
Loans secured by U S abends,etc . 62,700
r7^ 9,261 173^932
A ll other loans arid investments 43,196 4 , 3 3 7 , 671653,>497
Reserve balances with F.R.bank
—
64.215
620 , 554- 6 S. 159
Cash in vault
--------- 22^3^5
U 7,2'47 l £ > 12
Net demand d e p o s i t s -------- - 737,625 4 ,5 6 2 ,5 0 1
Time d e p o s i t s -------------1 1 0 ,1 1 5
294,643
C- ernraent d e p o s i t s --------- 4 6 ’057
cv
255,011
B i l l s payable w ith F .R .b a n k - 27,501
515,534
B i l l s rediscounted w ith F.R..bank 7 5 ,2 7 3
165,097

6 5 9 ,1 1 2
2 0 .972
4 2 '636
l4 6 j4 l9

26^51

61

1 4 ,1 1 7

l o ,723

34,605

771
269,314

5 5 ,4 5 2
4 3 ,5 0 6
1 9 3 . 9 oh

1 5 .4 2 1
1 6 ; 544
30 ..931

10.047

2 1 ,'sHc

17 .456

3 4 ,9 7 1

636,259

316,077
10 3,6 32

25 .652

15,515
25 ,44-3
1 4 ,9 4 2
R1 ,103

1 3 9 ,4 1 3 110 ,005
4 3 ,065 30 ,355
;6 312,56

4 i ,204
13^714
5o ,c 05

.o i l

110,729

17 ,15 6

6,570

20 ,134

25,690

5 6 ,1 1 6 3 3 ,1 9 5

30 ,462

1 7 1 .1 7 7

50 ,052

3 9 ,2 3 5

•
•

July 3--- June 27

J u ly 3 — — June 27
44
44
1>3?0
1 :3 6 9
23 ,070
23 ,960
2 6 ,043
25,495

473,229
24 "424- 47,531
671 15 J^-3

106.7P.1
1 5 5 ,12.4
75.-351

o99,5o7
1 1 5 , 2>12
3 S ,7 5 2

545,534
166,570
50,554
6 4 ,310
9 ,5 7 4
CO. 5

262

F .R .B r a n c h cities

27
262

104,025
371,305
221,642
615^359

July 3 — -June 27
163
163
57,4 04
10 4,05 7
57 s
409
109,275
110,451
367,466
232,955
60 ,113
7 9,5 47
22 4,70 4
223,717
515,759
560,707
1 , 220,300
5 6 9 ,9 4 6
1 3 5,759
1 , 112, 579' 135,463
7 . 205,777 1 , 653,201 1 , 654,545
156,994
155,069
1 ,0 0 2 ,4 0 6

59 ..153
5+2,117 1 , 315,331
76,193 1 , 100,303
390,979 7 , 253,373
114 ,592
941.545
202,494
206,555
3 9 ,3 39
7 , 459,194 7 , 363, 92s
521,325
722,167
720,742
165,495
4 6 4 ,4i0
610,393
6 4 ,0 4 2
54,930
653,955
7-57,495
245,473
5,760
2 4 2 ,5 4 6
19.6

4 ,1 9 5
3 4 7 ,9 17
5 ,9 19
1 ,0 0 1 . 2 5 2
45,
_25.xl 93_
65. 50^ 12 6 , 559 2 .254 , 7/2
6,556 2 1 '156 1 , 366,261
171,125 532,511 1 0 ,5 3 7 ,4 1 b
20,533 59 ,799 1 , 265.710
342,204
9,933 i s , 532
1 7 7 ,5 5 1 456,629 1 0 ,4 s i ,463
30 ,0 15 135,569 1 ,7 5 6 ,9 5 0
665,545
5 ,1 9 1
2 ,5 9 9
1 5 ,6 6 0 2 7 ,1 9 9
1 , 113 ,9 17
36 6 ,446
3 ,5 4 2
6 ,3 7 2

July 3-- — June

O
.l




P70
9 ,7 1 2
c J
51 %
,257 __39 J Z L
23
76 s504
4~ '453
5
12 ,949 1 6 ,5 7 5

3 2,150
16,0 72 1 2 ,7 2 1
62,«04
9,544
503.359 3 2 2 ,3 1 4 2 4 9 .6 2 3 1,25 S .S ? .0 3 0 0 ,3 5 5 237.635 415.273
29 b >445 52 ..664 116/953 , 435,762 9 5 ,1 4 5 54.064 7 5 .6 3 0
. 34,249
22 ,54 1 2 4 ,0 4 4
7 5 ,4 6 4
2 2,6 55
7,690 1 0,7 45
SS,569- 7 1 ,3 6 3
4 3 ,7 3 6
11 2 ,6 5 1 29,136
5,455 3 3 ,0 6 4
12,250 1 6 9
7,4
9,422
12 ,3 9 5
10,559
1,3 3 5 26,175

2 1 Compar a t ive data f or banks in Federal Reserve bank and branch c i t ies and, a ll other reporting banks
-—
11*w York
A l l F.R.Bank Citic
Chicago
Number of reporting b a n k s --------72
72
U .S .b o n d s to secure circulation ----39.252
39-315
Other U .S ..bonds including Liberty bonds 264 *9 1 9
'260,563
U .S .V ic t o r y n o t e s ------------- --- l 4 0 ,370
147*445
o > > ---- _135_il°S____ 2 5 5 .2 4 7
Q
U .S .c e r t i f i-------------- ve s of i n d e b t e d n e s .s -----------------------J J -J *
cat
'Total Ut S . s e c u r i t i e s ---------- 779 ,^79
7027573
Loans secured by U .S .b o n d s , e t c .----- 7 0 3 ,3 9 5
7 1 1 ,7 3 7
A ll other loans and in v e s tm e n ts ---- 3 ,9 5 1 .2 3 9 3 ,9 2 5 ^ 3 5
Reserve balances w ith F . R> b a n k - 5 9 0 ,5 7 5 ~ ^ 50*919
Cash in vaaxt
1 0 b ,104
1 0 6 ,7 0 1
Net demand d e p o s i t s ---------- ----5 ,4 9 4 ,605 4 ,4 6 4 ,5 3 7
Time depQ ■aits------ --------’ 233,1116 ' ’2 2 2 ,0 4 1
Government d e p o s i t s ----------- —
2 7 4 ,5 1 6
39 O 04l
B i l l s payable w ith F . R„ b a n k -----I+5U *77 !+
345 ^117
B il l s rediscount ad with F. R. bank____
1 1 7 ,9 9 5
110,267
Ra,/io of U . S.war securities and war paper.
'0 total loans and investments, per cent- 2 6.6
2 S ,1

Total

23 ..1
+

54,251

57.51S

1 , 305,520
522,593
59,565
115,325
174,254
174,546
3 0 ,9 4 1
27,461

1 ,3 4 5 ,3 9 5
525,634

2 4 .0

24,3

A ll other reporting
banks

July 3 —
346
107,550
153,973
55 ,162
155,219
.. 4 7 5,23 5

130,495

1 ,9 3 0 ,3 3 7
167,171
54,559
1 ,6 4 6 ,5 7 4

509,179
51,270
157,576
«7<*®^
19-7

June 27
347
107 ,503
151,653
6 2 ,2 5 7
' 177=233

499,006
155,502

1 ,5 9 0 ,7 3 0
165, 55s
$ 7 ,1 9 6
1 , 616,655
513,325

53,559
167,602
54,760
21,6

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

GOLD RECEIPTS AND DISBURSEMENTS OF EACH FEDERAL RESERVE BANK DURING
WEEK ENDING JUNE 21, 1919.

S t .488

(Figures do not include gold received frcca or paid to another Federal Reserve Bank.)
_____________ (In thousands of dollars; i . e . , 000 omitted.)

RE C E I P T S

Boston

In exchange for p. R. notes
_________ J_____ Credits to deposit accounts
Erom u . S. ' Fran
' ' Other banks,
•
' U .S . Government ' Member '
Government ' members 'in d iv id u a ls ,e t c .' Total
'General Account 1 banks
to xiax

218
25

N&w York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St.Louis
Minneapolis
Kansas City
Dallas
San Francisco
__Total_for_system_

^7

1
10

801

71
25
17
57
5
l
18

1
6
2,000

289
52

22

J>w

.

1 11

Bo ston
New York
phi lade lphia
Cleveland
Ricimond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total for system

455
_6 L102_ _ ____ 3 L1^0 _ _

Excess receipts
Excess payments

_3.299 _____ 2,807

1,405
1,220

~

2,685

I n
4,090

1,127
381
93
85

1,127
381
93
85

DIVISION OF REPORTS AND STATISTICS,
FEDERAL RESERVE BOARD, JULY 15, 1919


Total

1,220
922
581

^7
23

107
1,876
1,876
1,307

7k

V
T i.T l s

2 , 35^

7,^13

U . S.

7k

41
+
44
11 s
.2,097.

—
—

' banks

20
29,370

•

Total

20
29,370

-

19

2
4
3
19

-

**
“

—

**
—

—

-

\

—

52
71

-

2
4
3

—

—

pq

10
21
4^0

—

19

60

—

10

73

pq czni

17 , 4o4

44
4,020

1,529
•

—

—

36

44
44
11 S

' Member •

Government

-

87

Debits to deposit accounts

922
581

107

27

2,373
___ J . J 05 _____
. 10,000
P I S B U R S E M E N T . S«

3

588

Total
receipts

303
17,651
148
66^
5Q
S51
642
89
104

7,237

44
39

588

2
11
16

In exchange for f . R„ notes
To U . S .
'
To
' Other banks
'
Government » members 'in d iv id u a ls ,e t c .'

10,362
126
557

557
44
39

812
18

1

368

362
126

6

1

___ 1
_333__

14

10,000

104

5

15

..

1 A ll other »
*
N. S'

.1

' A ll other »
'
N. S.
•
—

6,874
167
100
-

500
721
100
-

27
3,667
hcA

Total
DisbursQnents

131
*+0,33^
i,3 ? 7
1,022
583
1 ,1 3 1
884
833
185
107
84
6 , 09^
*7 "7 r

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

D E $ T I I
^ot for publication

L

EERCHITAGE QF.GQLD. AND. LAWFUL MONEY -RESERVES AGAINST HET DEPOSITS, .

-

S t .491

PERCENTAGE OF GOLD RESERVES AGAINST- FEBF!RAL. RESERVE NOTES- IN ACTUAL CIRCULATION
M D OF TOTAL RESERVES AGAINST COMBINED FEDERAL RESERVE NOTE M D NET DEPOSIT
L IA BILITIES OF ALL FEDERAL RESERVE BANKS.

Ratio of gold and
law ful money reserves
to net deposits
Ju ly 3-- Ju ly 11

Ratio of gold reserves
to F .R . notes in
actual c irc ula tio n
July 3---Ju ly 11

Ratio of total reserves to
not deposit and F . R . note
l i a b i l i t i e s combined
Ju ly 3---Ju ly I I
___

July 1 1 , 1919
Ratio of gold reserves to F .R .n o t e s in
actual c irc u la tio n after setting aside
35 $ against net 'deposit l i a b i l i t i e s .
________ Ju ly 3 --------Ju ly l i ____________

Bo ston

42.2

55-1

40.1

40.7

4o .g

46.2

4 3 .g

53*2

New York

50 .8

43.3

U1 .3

41.9

4 6 .1

42.6

57*3

50.9

P h ilad elp h ia

44-.0

42.9

40.0

40.5

4i «4

41-3

44.7

44.6

Cleveland

59-1

60 .1

55.3

59*2

5S.6

59.6

72.6

75*7

Richmond

28.8

60.2

4 g .s

34.5

42.g

42,4

46.1

4 5.7

Atlanta

56.0

6 2 .5

44.3

4 3 .4

47.5

4 g „g

52.3

54.4

Chicago

4g-5

50.3

6s .4

69.1

60.8

62.1

76. g

78.2

S t . Loui s

60 -g

5 6 .1

6l .8

6 3 .2

61-5

60.6

74.7

75-4

Minneapolis

73-3

72.0

49 -2

49.3

59 *2

58-3

76.2

73*7

i\ansas Ci cy

59*0

55*4

43.9

44.2

5G*3

4 g .9

6 1 .4

59.0

Dallas

37-4

43.0

4 1.0

40.3

39*4

41-7

43.0

4 g .2

San Francisco

6 4 .3

45.2

59*5

62.6

6 1.1

57*3

74.0

67-0

51.6

49.0

50.2

50.3

50 .8

49 -g

6 1 .7

60.5

TOTAL

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
JULY 1 6 , I 919




C O N F I D E N T I A L
Not for p u b licatio n.

RATIO OF "FIOAT" OF EACH FEDERAL RESERVE BANK TO IM?®DIATELY AVAILABLE DEPOSITS.
' st
(In thousands of d o lla r s .)
'
,

_________________________________ , ____ ___________________________________________ _________________________ _

1, 0?

___________________________________________________ July_ll 2_19ly

|
t
, ---- mFLQAT''.___--- ‘ "F lo a t" a ft e r adding net debit * "F lo a t" after deducting National and F- R»
Federal
^ erre^
Ratio to 1 or deducting net credit in
1
B a n k n o t e s , also net investment in
Res or ve
'U ncollected a v a il a b il it y
'immediately_____ Saiaardas±s_aettlement.
'
transfers from second calculation
Bank
'
items
items
Amount
available*
' Ratio' to i m m i d i ^ l y
'
R atTo"t 0 immediately
:
T
___________________ !
--- ---- —----------------- - ...'—deposits * Amount
* av ailab le deposits 1 Amount
*
________ a v a i la b le deposits
Per cent
Per cent
Per cent
Boston

67JP9

5 9 ,2 9 2

S ,^ 7 7

7 .0

u ,U 2 5

g j*

n >0l5

9>0

IS O ,3 2 g

lUU ,199

3 6 ,1 2 9

Kz

*+1,799

*+-9

>1 ,7 9 9
+

M

P h ilad elp h ia

7 1 ,7 7 9

66 ,5 1 2

5,267

U .g

^ 7 6

U.O

Cleveland

55J U 6

>*7,755

7 ,5 9 1

5-°

1 0 ,1 2 5

6 .7

9 ,1 6 3

6.0

Richmond

6l ,Sk2

5*+,9s3

6,659

12*2

8,650

15 .9

8 , 6l 0

I 5 .7

Atlanta

31,1+20

2 5 ,1 5 1

6,269

1 1 .7

1+ ju

g .g

Chicago

9 1 ,7 3 1

6 9 ,5 0 5

2 2 ,2 2 6

S.O

1 9 ,7 9 0

7-1

1 3 ,5 9 3

6 .7

S f . Louis

5 0 ,0 0 ^

3 6 ,1 +
+11

1 3 ,5 9 0

lS.i+

1 0 ,5 3 1

1 U .3

9 , 63U

I 3 .O

Minneapolis

15 ,3 3 3

1 2 , 51+2

2 ,7 9 1

U .9

3 ,7 0 5

6 .6

3 , 56 s

$ .3

Kansas City

5 5 ,7 ^

3 9 ,265

l6 ,U 8 3

19 .7

1 ^ , 51 U

1 7 .I+

3 ,7 0 1

Dallas

1 7,sU 2

I 3 .6 l i

*+,231

8-3

U ,8 9 9

9-6

3 , 1+20

San Francisco

^ q .5 5 2

2 2 .021

1 7 .5 5 1

l 6.g

73 S , 1+9i+

591,250

Hew York

total

FEDERAL -RESERVE BOARS’ --

-

DIVISION OF REFORTS AND STATISTICS
1919

 JULY 16,


j , 11+7 , 21*

7 . 1+

U .O

g>5

1 2 .579 ____________ 12^0___________________q .^ 7 0

1 ^ 7 , 2UU

7 .1
+

12 7,90 9

6 .7
______________________________________

s.b

C 0 N F I D E B T I A L
Not for p ub lic a tio n

COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS,

S t - 92c
U

(in thousands of d o lla r s .)
UNCOLLECTED ITEVIS

1 Checks 'National Bank'
1
1
t
and '
notes and 1
Clearing 1 other
'b a n k notes o f'T ransfers A ll other '
1 house 1 cash 1
other
1 bought
■uncollected’
Exchanges 1 items ' F . R. Banks 1
items
'

Bank

2 ,8 4 6

Boston
Now York

159

-

1+10

6U . 35I+

DEFERRED AVAILABILITY ITEMS

\

1
1
»
1
* Transfers 1Government 1 Other
1
1 transit 1 transit 1
1
sold
1
1
i t cms 1 items
1
t

1

Total

1

Gold
Settlement
suspense

f

Total

2 2 , 31+1

-

-

36,951

59,292

1 5 4 ,7 0 1

180,328

67,905

-

-

76,294

l4l+ ,199

60,518

-

6 7 ,7 6 9

7 1 ,7 7 9

2 1 , 1+07

-

2,306

4 2 ,7 9 9

66,512

4 9 ,7 2 7

5 5 ,3 4 6

1 5 ,2 4 5

-

6i+o

31,870

4 7 ,7 5 5

19,8514-

5,7 7 3

Philadelphia

8,276

2 ,9 8 5

Cleveland

4 ,6 4 5

12

547

Richmond

3,269

207

80

-

58,086

6i , 6l
+2

2l+, 2l 6

-

2,095

28,672 •

5 4 ,9 8 3

Atlanta

2 ,7 7 5

188

151

-

28,306

3 1 ,4 2 0

3 ,9 8 6

-

1,068

20,097

2 5 ,15 1

Chicago

8,292

S t . Louis

1 ,6 1 9

1+
0

Minneapolis

1,3 2 6

Kansas City

'

Ul5

487

i,s 4 o

8 1 ,1 1 2

9 1 ,7 3 1

26 ,9 16

1 ,13 0

584

i+o,S75

69,505

417

1,380

46,5^+8

50 , 001+

1 3 ,6 1 1

900

161

2 1 , 71+2

3 6 , 1 11+
+

1

U2

95

13,869

15,333

5 ,0 3 9

-

361

7 ,1 4 2

1 2 , 51+2

1 ,1 9 2

376

1+08

10 , 1*05

43,367

5 5 ,7 4 8

7,641+

-

3 1,6 2 1

39,265

657

288

371

1 ,1 1 1

1 5 ,4 1 5

1 7 , 8*+2

4 ,3 5 4

______ 21

162

2LPUs ....

33_t6g6

.._J9.,55g—

I . ®

10,060

3 ,0 7 5

738 , 491+

2 1 7 , 13 s

Dallas

San Francisco.._2j 625 _ _
TOTAL

-

5 7 ,3 7 6

-

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
JULY 1 6 , I 919



1 8 , 291+

649,689

-

3
.

650

1

26

17,520

22,021

7 ,8 9 1

3 ^+ ,1 87

591,250

2 , 031+

s , 6ol+

1 3 ,6 1 1

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

EARNINGS, EXPENSES AND DIVIDEND PAYMENTS OF EACH FEDERAL RESERVE BANK FOR THE SIX MONTHS ENDING
JUNE 30, 1919, AMOUNTS CARRIED TO SURPLUS FUND AND TO PROFIT AND LOSS,
ALSO RATIO OF SURPLUS TO PAID-IN CAPITAL, JUNE 30, 19191

1

Boston
York

‘ Ratio of total
1
curr ent
Gro ss
T Total
earnings 1 current
1 expenses to
t expenses T
gross
!
1 ! earnings
Per cent

$3,410,511

tNet debits* Net arrounts f
1
Net
1 to profit 1 available for 1 Dividends 1
earnings 1 and loss * d iv id e n d s,
1 pai d
T
jJan* 1 to 1
i
r
surp lus,
1 June 30,’ I T
1
?
etc *

Amounts
carried
to
surplus
fund

St-4S6

•Ratio of
1 Amount s 1
1 c a r rie d 1 Surplus on' surplus to
»
to
* June 30, ’ paid-in
'c a p it a l on
1p ro fit
f 1 1919
1June 30,' 19
1 and loss f
t'er cent

$ 7 5 1 ,44s

22*0

$2 , 659,063

-

$2 , 659,063

$ 203,886

$ 2 , 209,659

$ 245,518

$5,205,759

75'7

16,370,553 2 , 603,944

15.9

1 3 , 766,614

$19,595

1 3 , 747,019

630,579

1 1 ,804,796

1,311,644

32 , 922,051

153.5

496

3 ,232,369

229,545

2 , 702,992

300,332

5,311,336

69.4

Philadelp h ia

4,01+9,361

815,996

20.2

3 , 233,365

Cleveland

3,456,331

6 16 ,s4o

17-9

2,839,541

-

2,839,541

275,541

2 , 307,600

256,400

5 , 859,600

63.5

Richirxmd

2 ,307,300

4 o i, 266

17-4

1 ,506,034

-

1 , 906,034

124,060

1,603,777

178,197

3,799,846

90.4

Atlanta

1,954,629

4 i 6 ,soc

21-3

1,537,829

3,243

1 , 534,586

96,384

1 ,295,000

143,202

2 , 805,000

86 »4

Chicago

5.128,35S 1 , 126,865

22.0

4 ,001,493

654

4 ,000,839

340,467

3,294,335

366,037

9,710,581

84.8

St* Louis

1,739,855

529,313

30,4

1 , 210,542

-

1 , 210,542

114,782

986,184

109,576

2 , 539,495

67.0

Minneapolis

1 , 351,861

25s,oi4

19 .1

1 , 093,347

-

1 ,093,347

89,006

904,357

100 ,4s4

2 , 319,601

77-0

Kansas C ity

2,346,008

528,000

22.5

1,818,008

(a) 149

1,818,157

111,812

1,535,711

170,634

3 , 957,138

105.2

Dallas

1 , 440,103

384,999

26-7

1 , 055,104

20,673

1 ,034,431

96,142

844,460

93,829

2,028,868

62.6

San Francisco

3 , 135,652

628,261

20 .0

2 , 507,391

2 ,507,391

l 4 l ,422

2 ,129,372 ___ 236,597

4,577,547

95-9

4 6 ,690,577 9 ,061,746

19-4

37,628,831

37,584,319

2 ,453,626

81,086,822

9 8 .0

TOTAL

FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
 JULY 16, 1919


44,512

(a) Net credit

3 1 , 618,243

3 , 512,450

FEDERAL RESERVE BOARD
G O L D . S E T T L E M E H T

F U N D
X-lb21
SvBama.ry_.of transactions for week ending July 17, 1919
(in thousands of dollars)
CONFIDENTIAL
Balance
Aggregage
Aggregate
Settlements from July 14, to
Balance in
Fsdsral
last
Gold
Gold
withdrawals deposits &
T R A N S F E R S
July 17 , 1919 ,both inclusive
fund at
Reserve
statement
with­
de­
& transfers transfers
close of
July 10, drawals deposits to Agent’s
Bank . of
from
Debit,
Credit
Net
Total
Total
Net
business
1919
Fund
Agent's Fund
Debits
Debits
Credits
Credits July 17,1919
Boston
^7,313
17,000
121,388
8,975
135,484
14,096
537385"
118,194
New York
10,000
10,000
58,612
21,700
419,593 : 424,650
5,057
96,339
Fhi lade lphia
44,280
7,000
17,135
21,029
17,135
32,408
139,899 : 123,106
16,793
4q,ooi
Cleveland
6i,736
605
5,216
505
7,593
100,381 :
5,805
9^,576
58,913
2
■Richmond
23,890
3,002
7,600
7,600
46.000
52,537
6 ,5 1 1
149,082
155,592 :
28,515
Atlanta
160
IS ,936
103
5,603
160
500
388
3,333
33,179 :
32,791
15,938
Chicago
268
720
108,759
268
53,500
52,5^7
155,815 : 200,764
44,950 152,303
26,564
Louis
338
10 , 33s
5 }200
3,218
8,352
101,795 :
98,577
16,160
Minneapolis
114
114
29,659
21.000
29,500
24,455 :
2,587
21,868
35,686
Kansas City
36^ 176
30
30
4,445
1,000
b 1 , 909 ::
b0,834
1,075
38,576
Dallas
12
12
275
9,599
275
10,499
10,907
24,201 :
2,591
21,610
7,153
36,894
San Francisco
12,000
1,500
20.000
29,417
7,259
25,135
72,871 :
^7,73b
28,435
Total
12,718 • 3 7 r42*}
562,000
"5b ,938
239 , 55b
64,103 1,411,078 :1 , 411 ,078
b5,3^i
239,556
b4 , 103
5£0,^03
E D F R A L

Federal
Reserve
Agent at
Boston
New York
Philadelphia
Cleveland
Richmond
At lanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco.*
Total



Balance
last
Gold
statement with­
July 10, drawals

1919
46.000

Bold

de­
posits

R E S E R VE

;Withdrawals
for trans­
fers to
Bank

A G E N T S 1

Deposits
through,
transfers
from Bank

5,000

F U N

Total
with­
drawals

D

Total
deposits

5.000
7.000

57,889

40,000
260,824
59,^31
20,800

31,360
3,184
106,539
840,527

1,500
1,500
5,000

3.000
-

5,5oo

720
10,000

4.000

*

2.000
2,000
500
21,500

27,917
27,917

8.000
34,220

90.000

7,000

64,889
95.000

3,000

Decrease

31,855
5 ,^14
3,^28

31.000

1,500
1,500
5.000

5,500
720

4.000

10,000

2.000
2,000
500
27,917
49,417

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

4 i , oog

90.000
95.000
29,500

Balance at
close of
business
July 17 >1919

44.000

256,544
65,^31
18,800
29,360
2 ,6 8 4

8,000

86,622

34,220

825,330

- 66

2,183
17,87b
50,822

:

Increase

:
0,071
:
:
:
:
26
:
2,445
: *+3,997
:
:
5,913
:
2,370
:
:
: 1 bofS ?2

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