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St. statement for t h e pr ess Beleased for publication Monday morning, Nov. 10, 1919; not earlier. 696 Foderal Easerve Board, Nov* S, 1919* CONDITION OP MEMBER BANKS. Aggregate incroasos of 104.S millions in not demand deposits, reflecting largely net withdrawals of Government deposits and a further increase an loans and investments,are indicated by the Federal Eeserve Board’ s woekly statement of condition on October 31 7^3 member oanks in leading cities* Little change is seen in the holdings of United States bonds and Victoiy notes, the former showing an increase of less than 2 millions and the latter - a decrease of U. 6 millions. Treasury certificates on hand declined 25«5 millions, largely at the banks in the Federal Ecserve bank cities, while loans secured by U. S. war obligations fell off IS .7 millions, largely outside of New York City. Loans sec ured ty stocks and bonds, wont up 51.8 millions in Now York City and 77*1 millions at all reporting banks* All other loans and investments show a growth for the week of about 31 millions, notwithstanding a do clone of over l4 millions reported under this head ty the Now York and Chicago banks. For the first time during the pre sent year the proportion of the combined holdings of Government war securities and war paper to the total loans and investments of all reporting banks is shown as lass than 20 per cent, while the proportion of loans secured ty stocks and bon.ds shows a rise for the week from 20.4 to 20.S per cent. As against not withdrawals of 83.6 millions of Government deposits the state ment indicates an increase of 104.S millions in other demand deposits (n^t), of which over one-half represents the increase at tho New York banks, and a gain of about S millions in time deposits. Eeservo balances with tho F. E, banks show an aggregate increase of ig.6 millions, largely in New York City. frcm the F, E. banks Total borrowings show an increase for tho wook of 4J.1 millions and constitute nearly SO per cont of tho total bills held under discount on October 31 by the F* E. banks R eleased f o r p u b lic a tio n Monday morning, November 10 , 1919 1 e a r lie r * S t . 696a PRINCIPAL RESOURCE AND LIABILITY ITZ5S 0^ ALL REPORTING MESffiER BANKS III EACH FEDERAL RESERVE DISTRICTt ___________________________ ___ _____ ____AS.AT CLOSE OF BUSIN ESS (SCTOBER 31. 191$.___________ (in thousands of dollars.) Federal Reserve District Boston New York Phila. Clevel. Richm. Atlanta Chicago St,Louis Minn. Sans.Cy. Dallas San Fran. Total No. reporting banks ------46 112 56 90 82 47 100 ^ 35 77 43 bO 783 U.S.“bonds to secure circulation- l4,023 48,048 11,057 4l,94l 25,971 14,015 20,898 I7, 154 7,120 14,467 15,273 34,605 2bS 6 l* Other U.S.incl. Liberty bonds- 15,952 284,750 30,284 62,449 37M l 27.S27 47,183 l4,6b7 11,070 26,967 20,439 55,311 634’3l6 U. S. Victory notes-------- g,gU6 125,415 15,539 30,494 l4,gS8 10,888 52,105 7,351 5,182 10,899 4,434 12,172 298 31? U.S.certificates of indebtedness . 31,017 446,205 46,262 71,548 20,9^4 33.029 108,815 20,497 2R.bS4 26,677 14.800 57.185 othfoi Total J.S. securities----- 69,938 904,4lS 103,182 208,432 99,2l0\ 85,75^\ 229,001 59.669 49,026 75,010 58,94(3, 159,273 2 ,105’864 Loans secured by U.S.bonds, etc. 48,583 686,104 1 53,211 97,609 38,822 28,260 SS.957 'k$,85& 13,908 18,773 -6, 46o' 24,1Q4 l ^ ’r*'Loans secured by stocks & bonds- 213,406 1, 589,603 21S.172 323,304 108,375 ^ ,7 S 3 351.881 l40 ,% 7 33.474 71,056 28,827 119,922 3 * 2 ^ 300 All other loans and investments- 659, 69s 3,216,646 470,516 795.797 333.465/343,240/1,267,263 290,835 262,908 470,735 1 5 7 .3 ^ 707,040 9 015 535 Reserve balances with F. R. bank 79,233 705,387 69,658 91,762 37,931 33,740 176,503 4l,560 24,718 47,410 23,361 70,763 l!ii02 026 Cash in vault----------23,991 117,768 17,108 32,902 16,696 13,410 66,602 10,660 9,265 15,335 10,779 23,732 35s’?9s Net demand e p o sits —------ 802,737 5. 197, 63s 675,267 824,113 358,420 375.707 1,320,248 326,012 265,884 452,755 209,541 575,965 11 ^Sk’,288 d d deposits Time deposi Sits------------ 123,247 425,13s 22, 453321,02s 95, 569119,243 464,404 105,328 58,691 84,545 31, 522329.645 2 ,131,473 Government deposits — ------ 20,456 213,922 27,4s4 26,735 7,986 4,os6 27,467 6,6l6 5,805 4,936 5,530 4,337 35s,360 Bills payable with F. R. bank 21,957 575.250 137,947 84,961 47,255 54,424 95.231 32,928 24,712 59,150 17,388 43,286 1,104 439 ?ills_E§§y£2^§i_iifi^-i:*?-5§5k__60,Q66__.lS5.715-37.SS4__33*74Q__17J.Q59-3C.645-— 43,3QQ-lS,9S6__lS,Q95-25xZl4___7i8l4__24i462_____ shl^SC PRINCIPAL RESOURCE AND L IA B IL IT Y ITEMS OF LCEMBER BANKS IN F , R»bank and branch c i t i e s and of a l l o th er re p o rtin g banks. A l l other* New Yo rk C it y C it y o f Chicago A l l F .R .b a n k c i t i e s F^R*branch c i t i e s re p o rtin g banks Oct.31-- Oct.24 Oct. 31 Oct.24 Oct.31-Oct.24Oct.31--- Oct.24 Cct.31 -Cct.24 No. reporting banks — -----------71 71 1*4 267 267 179 179 337 137 U.S. bonds to secure circulation----32,351 38,351 1 ,439 1*439 101,986 102,151 65,549 65,459 101,077 101,079 Other U .S . including Liberty bonds---254,326 252,492 14,582 14,638 374,316 371,191 134,771 1 3 4 ,4 l6 125,229 126,714 U. s. Victory notes -------------109,770 111,011 24,457 24,600 175,370 178,319 63,225 64,629 59,713 59,939 U. S. certificates of indebtedness ---— 419,826 428,658 56,746 56,825 625,667 649,333 l64,l66 165,333 114,790 ll4,96C Total u. S. securities ---------822,273 830,512 97,224 97,502 1,277.339 1,301,494 427,711 429,337 400,314 402,692 Loans secured by u . S . bonds, e t c .--- 649,336 650,917 6 3 ,954 72,737 996,449 1 ,0 0 9 ,5 5 0 125,768 131,986 111,522 110,370 Loans secured by stocks and bonds ----- 1,455,617 1,403,773 274,1S6 258,705 2,464,429 2,330,301 385,673 391,347 353,198 394,520 All other loans and investments ------ 2,861,690 2,364,898 693,341 704,243 5, 669,255 5,674,349 1,653,149 1, 636,003 1,693,131 1,674,155 Reserve balances with F. R, bank----668,943 651,630 119,S4l 123,108 1,056,179 1,042,126 179.044 175,175 166,803 165,055 Cash in vault -----------------104,869 113.682 36,653 39,600 204,645 218,121 64,327 64,592 39,326 91,868 Net demand deposits -------------- 4 ,765,169 4,700,777 878,183 885,478 8,037,102 7,949,834 1,545,469 1, 536,016 1, 701,717 1. 693,679 liras deposits ----------- -----343,534 346,370 174,440 173.958 1,052,573 1,051,074 591,466 587,637 537,434 534,827 Government deposits -------------211,125 2$4,953 19,023 22,332 300,579 373,327 30,388 37,873 24,393 27,755 Bills payable -vith F. R. baric------519,785 494,197 41,683 41,433 325,607 818,317 217,322 219,394 151,560 150,258 Bills rediscounted with F. E. bank---167,234 145,399 26,734 27,569 359,345 323,665 75.314 69,576 68,321 63,612 R a tio 01 U. S . war s e c u r it ie s and war paper to total leans and investments, per cent 24.3 25.I 14.2 l4.9 20-2 21-3 18.8 19-2 15,6 l6.0 Released for publication Monday morning, November 10, 1919» n°t earlier* PRINCIPAL RESOURCE ABD L IA B IL IT Y ITEMS OF REPORTING- MHfflER BANKS IN LEADING- C IT IE S . _______ ___________________ ;___________________________________________________( I n thousands of d o lla r s ») ________________ October 31, 1919 Number of re p o rtin g banks October 24,1919 7S3 7 S3 U* 3* bonds to secu re c ir c u la t io n - - - - - - - - - - - - - Other U. S„ bonds in c lu d in g L ib e r t y bonds - - - - - - - - - ■U. 3* V ic t o r y no tes - - - - - - - - - - - - - - - - - - - - - U. S* c e r t i f i c a t e s of indebtedness T o ta l U. 3* s e c u r it ie s - - - - -- - - -- _ _ _ _ _ _ _ _ - -- -- -- Aug. 1, 1919 770 .,U.y 2 , 1919 771 26s, 612 26s, 629 269,743 269>287 63 4.516 632,321 645,116 669,736 293, 313 302,887 337,239 - 904, 623 930,126 1, 134,206 2,328,124 2,io5,s64 2, 134,023 2,336,304 3 ,2 6 7 ,1 4 7 1 , 233,739 l,2 5 2 r 4o6 1 , 353,109 1,085,333 3 , 243,300 3 j166, 163) A l l o th e r lo an s and investm ents - - - - - - - - - 11, 057,662 10, 326,351 5,^ 15,535 8,984,507) Reserve b alan ces w ith F . R . hank 1 , *402, C2o 1 , 332,356 1,353,542 1,273,146 35S,298 37*+,-581 333,966 347,320 11,284,288 11,179,529 10,776,645 10,322,632 2 ,1 8 1 ,4 7 3 2,173,532 1 , 861,519 1,720,352 355,360 438,955 517,149 727,905 l, 194,489 1,187,9&9 1,092,941 1,244,113 >03 >80 466,853 337,123 243,671 19.7 20.1 23-4 27-8 Loans secured by TJ. S . bonds, e t c . -- -- -- Loans secured by sto c k s and bonds other than U. S* s e c u r it ie s - Cash i n v a u l t ------------------------------------------------------------Net demand d e p o sits Time d e p o sits - - - - - - - ------------ _ _ _ _ _ _ Goverm ;snt d e p o sits - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . B i l l s payable w ith F e d e ra l R eserve bank B i l l s re d isco u n te d w ith F e d e ra l Reserve bank R a tio o f U. S . war s e c u r it ie s and war paper to t o t a l lo an s and in ve stm e n ts, p e r cen t RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES, Not for publication St-701 AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIAB.ELITIES W ALL Navernber 7» 1919 _ FETTERAT, RESERVE BANKS. itauio oi goia reserves Ratio of gold and Ratio of gold reserves to F.R. notes in Ratio of total reserves to to F*R* notes in lawful money reserves actual circulation after setting aside F .R . note net deposit and actual circulation to net deposits 35$ against net deposit liabilities liabilities combined October 31— -November 7 October 31 -November 7 October 31--- November 7 October 31 -- November 7 Boston 52.0 UU.i 6 1 .7 U9 .H 71.2 H9*0 Hl.O H i .2 New York H i. 6 Ho .2 HS -2 H5.5 H22 39-9 Ho .9 H0.6 Philadelphia HO.6 Ho . 6 43-7 H3.5 HO .8 Ho. 6 Ho. 5 Ho. 5 Cleveland 5H.O Hs .8 6H.S 56.3 51.8 H9.2 • 55*2 HS-6 Richmond U3.8 51-9 5H .8 59-2 78.9 75*2 35*7 H i.7 Atlanta H0.7 H3 .H H2 .S H6.2 H2.2 51 . H Ho.2 H0.7 Chicago 61.2 59.H 76.0 73-3 53*5 H9.2 65*6 65*3 St. Louis 57 57-3 6 8 .2 67 .H 51.8 62.3 60.1 55*1 Minneapolis hs.h 50.3 56*6 60.2 53. H 58.0 H5.3 H5.2 Kansas City 41.8 H3.1 H7.6 49.3 H2.2 H6.3 H i.H Ho. 6 Dallas H i. 6 51.2 H6.3 63*3 H3.2 60.6 Ho . 5 HH.i H7.3 53*H 53-1 H>>7 H7.1 Hs.o H?.H H6.8 56.6 5H .6 H8.H H6.5 H7.6 H7.0 S ati UC vii JLXCvllwXsco UWV TOTAL 1+7.2 -— U— -H7-9 FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 11, 1919 S t .704 Bifflio OF "FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS. v (In thousands of dollare.) C O N F I D E N T I A L Not for publication Federal Reserve Bank Deferred Uncollected availability item s items Boston New York P h ila d e lp h ia Cleveland Richmond A tla n ta Chicago St. Louis Minneapoli s Kansas City Dallas 59.920 237.331 9*2 58,802 6-7 6.7 79.992 52,802 157.339 12-9 17,609 68,939 6.9 16,109 ll+.l S,626 9.273 6.5 s,oi+s 5-7 7.733 5.I+ 9,285 11.1 7 , 1+11 7M 37 7.815 10.5 13*1 1,253 2-3 1,112 32,5^7 s.o 2. 0 U.3U2 11,91+0 91.397 5.1+ 97,158 2.1 1^,576 1+ . 1+ 5.761 17*1+ 6U.769 12,^88 16.9 10,525 lH.6 12,11+2 5*+,2l+l+ 3 .1 ^ 7 ,11+6 1 2 . 1+ 5.779 10.1 5-5 10,377 11-7 10,118 1^,699 23*9 3.738 _l5x23i- 1 2 * 1+ 176,771+ s *5 77,565 66,660 33.^22 36,889 20,891 58.927 17,7^3 71.352 5S,o!+7 13.305 15.0 53.638 1+0,783 12,855 20.9 916,158 ___25*361- _-18x56o_ _____ 15^L 739,331+ FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 11, 1919 "Float” after deducting National and F.R. bank notes, also net investment in transfers from second calculation Ratio to immediately available deposits Amount Per cent 6.8 8,733 62, 5^2 San Francisco ___k3j-921_ Total "Float" after adding net deoit "FLOAT” or deducting net credit in Ratio to Saturday's settlement Amount immediately Ratio to immediately available available deposits— Amount deposits Per cent Per cent 7*0 9.005 2.0 2 ,6U2 November 7. 1919 * 176,77^ s *5 11 . 1+ 6*~* __5>X 153:,_6^ _ _ ____________ ----- COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY 1"CEMS, C O N F I DE N TI A L Not for publication Bank St.704a November 7> 1919* (in thousands of dollars./ UNCOIjLECTED items Checks National Bank notes and Clearing and bank notes of Transfers All other other House uncollected bought other cash Exchanges items F.R» banks items •raWRPTPTl AVATT.A'RTT.TTY titoms Total Gold Settlement Suspense Transfers sold Government transit items Other transit i terns Total - 59 >50.6 Gd, 562 22 >Co'v - - 37,920 59,920 - 202,757 237,331 62,362 - - 9M 77 157,339 - 68,375 77,565 27,930 1,500 1,222 32,237 68,939 1.090 135 59,794 66,660 18,771 667 39 4?9 58,927 211 404 - 79.54-2 83,422 23,925 627 49,585 74,137 327 l4l - 35,020 36*889 5,220 • 1,390 2®, 937 32,547 - 1,36s 3 , 61s S6,801 97,15s 38,112 2,350 1,114 49,821 91,397 1.909 386 346 - 62,128 64,769 21,063 - 352 32,829 54,244 Minneapolis 3,010 3 42 16,511 20,891 7,799 - 1,153 8,791 17,743 Kansas City 1.056 395 - 259 - 69,642 71,352 10,647 - 4-7,400 58,047 463 783 126 10,960 41,306 53,638 10,018 125 1,781 28,859 40,783 1, 807 52 2S6 8,712 33,064 43,921 7,118 1 1 .8 1 6 . 16,426 2^361 53.959 i s , 669 4,334 24,750 814,446 916,158 254,965 3,976 470,321 739,384 Boston 2,747 37 19.320 15.254 Philadelphia 7,983 1.207 Cleveland 5.627 l4 Richmond 3.265 Atlanta 1,401 Chicago 5.371 St. Louis New York Dallas J?rduwlwvu Total FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 12, 1919 272 - 1,325 - - 10,122 S'CUj*u., J-.T0-X uX T?eder :.l lie servo Bunk of Boston New York Phi lade Iphi a Cleveland Richmond Atlanta Chi cago St Louis Minneapolis Kansas City Lai las S^n Francisco ?ot-v~l i'SD-bE, ■ L xdi.; '.'.j GOLD S E T T L E sections for v;eek enxin- Hove; iber 13, 1919, (in thou Balance Aggregate Aggregate last Gold Gold withdrawals deposits & statement with de & transfers transfers Nov* 6, drawals posits 10 Agent' s from Fund Agent's Fund ...... I 2i 9_.... 47,1113 2,050 2,525 3,550 25 10,000 5,000 59, 34s 10,000 11,000 11,000 11,000 36>l59 250 35,604 so 250 so 6 36,734 £ 9 9 3,00s 12,632 3,00s 5 3,505 34,565 266 2,320 25,266 720 1,500 16,720 21,114 1,500 2,000 16.735 3,279 3,279 24,341 iO 4 , 0.00 4,000 5,0.10 102 lS , 04s 102 18 IS 26,755 2,750 : — 7.750 1,274 62/191 4l 7, 22S 62,521 35,207 3,371 ..*! E E E J Balance 30.--J j . list He serve statement .Oat t Nov, 6 1Boston 60,000 Hew York SO,000 Phi ladelphia 58,325 Cleveland ( so,000 50,000 Kicomona Atlanta 47,500 Chicago 271,825 St. Louis 62,531 Minneapolis 20,300 Kansas City 31,360 Dallas 12,484 ,San Francisco 87,970 Total 863,255 l. j.l L Gold w ith drawals 6,000 2,000 2,000 5,000 2,000 3,oco ..7,300 _ 27,500 V L Gold de posits i >500 1,500 T R 1 K Debit 5,405' 13,407 5 , 57S 943 693 29,790 10,904 3,519 924 2,500 1,885 73, 54s ; _} E H ? U if LWithdrawals Deposits for thro ugh transfers transfers to bank from bank 1,500 r - viii jjvj '±0D E IT 2 ] U U D ^Uu.S OX i il.xs) — 25,000 ^ .. 1,274 27,774 FE-ES Credit Net : Total Debits S Debits 20,000 27,180 14,500 — — U ,s6 s - 2,000 7 5 ,5 W 7.500 — 3,500 s,3 20 16,000 2,000 5,000 5,000 ....'58,320'... 2,000 2,000 30,000 2,000 3,000 - '■ S,7?4 53 , 2/4 - 31,066; : 7 , 269: 9 , 053: ~ : , 165,630 133,773 35,674 - : 33*273 - : 73,S7S - : 53.093 - : 39,344 fcT^j 1,521 ,‘ 15? 69,339 . 5.000 55 o20 432,133 145,041 102,445 146,733 51,975 23,059 152,625 - 1 122, 60S 11,000 2,320 16,000 2,000 6,500 101,862 132,52s 2,500 5,000 — 3.500 Total Credits 414,723 152,310 111,498 146,284 - ; 48,327 Balance a close of business Nov, lj, , 1919 55,000 35,000 Totil &epo sits 2,500 5,000 n,ooo X-1700 c .xiiri: Settlements from November 7» to[ e 80,000 4s,000 49,000 250,145 76,931 15,800 37,s6o 12,484 84,196 067,S05 83,700 61 ,923 5b, 2o6 Balance in fund at close of Net business Credits Nov. 13. ...ISIS: 31,697 17,410 108,938 29,923 20,303 36,287 3,64s 15,090 60,530 11,165 6,155 2,401 16,836 5,822 34,225 22,254 8,830 16,722 35,11.6 70,1^7 4i8,'o'i Swuuary of change in ov;ner shi^ of ^old by bcJii.es through trans fer s anu set tle,.ents. " Decrease 16,471 _ In c re a s e ‘ 44,590 6,176 14,631 - 4$4 4o,9Si 1,118 - r-u zj± 2,355 : 261 10 , 89s 6,330 .......... 14,337 75,871 Released for publication Sunday morning, Nov.l6, 1919» not earlier. STATEMENT FOR THE PRESS Federal Reserve Board November 15* 1919* CONDITION OF FEDERAL RESERVE BANZS. Net liquidation of 70.^- millions of war paper as against additions of 20*5 millions to other discounts and 22.1 millions to acceptances on hand is indicated in the Federal Reserve Board's weekly bank statement issued as at close of business on November lU, 1919* During the week the balance of 19*2 millions of gold held on the continent was transferred to London and added to the Banki' gold reserves, but net because of some export withdrawals, aggregate gold reserves show a^gain for the week of only 13*7 millions and total cash reserves « of 12*7 millions. This gain, reductions in coupled with/deposit liabilities and but a slight increase in Federal Reserve note circulation, accounts for the rise in the reserve ratio from U6.S to U7*l P^r cent. The week saw further rediscounts between Federal Reserve banks, Chicago reamong ' _ porting^its war paper holdings 21.2 millions of bills discounted for other a banks, as against 17.S millions the week before. Over one=half of the acceptances held by the Chicago bank represents bills purchased from other F.R. banks, the total thus held showing an increase for the week of 10.2 millions. St.Louis’ increase of 10 millions in acceptance holdings is likewise duo to purchases from other F.R. banks. Treasury certificates on hand increased 5*3 millions, while the volume of out standing F.R. bank notes, which are largely secured by such certificates, shows a slight decline. Government deposits went up lU.2 millions, members' reserve deposits declined U3.5 millions, and the "float” carried by the reserve banks increased about 3 millions. There has also been a slight increase in all other deposits including foreign government credits. As a result, net deposits work out lg.3 millions less than the week before. Federal Reserve note circulation shows an increase for the week of 1*7 millions. Admission of new members and increase in capital and surplus of existing members account for an additiop of $5^2,000 to paid-in capital account, of which $352,000 is shown for the New York Federal Reserve bank. Released for publication Sunday morning, November l6, 1919; STAifiviEKT OP COMBINED RESOURCES RESOURCES Gold coin and certificates Gold Settlement Fund — F.R.Board Gold with foreign agencies Total gold held by banks Gold with Federal Reserve Agents Gold Redemption Fund Total gold reserves Legal tender notes, silver, etc. Total reserves (Secured by Government war obligations Bills discounted (All other Bills* bought in open market Total bill 3 on hand TJ. S» Government bonds U. 3. Victory notes U- S. Certificates of indebtedness A'J 1 other earning assets Total earning assets Bank premises Gclc* :a t-rarrrit or in custody in foreign countries Uncollected items and other deductions from gross deposits j Redemption fund against F.R. bank notes All other resources TOTAL RESOURCES L I A B I L I T I E S Capital paid-in Surplus Government deposits Bue to members - Reserve account Deferred availability items Other deposits, including foreign government credits T o ta l gross deposits F..R. notes in actual circulation F,P, bark nctos in circulation - net liability A ll o'uher l i a b i l i t i e s TOTa" LlA^Ha'lTsiS R a tio of to i'al reserves to n e t deposit and F.R. note l i a b i l i t i e s combined R a tio of ic'id reserves to F.R. notes in circulation after aeain*t net deposit 3i3.b5.liti ep http://fraser.stlouisfed.org/ -sc>C.e Federal Reserve Bank of St. Louis not earlier. AND L IA B IL IT IE S OF THE TVJELVE FEDERAL RESERVE BANKS. November 7 , 1919 November l 4 ,1919 $244,836,000 $242,601,000 429,429,000 440,078,0G0 127.165.000 146. 176.000 801.430.000 834. 855.000 1,207,275,000 1,19^ 319,000 110.860.000 10*+, 086,000 $2 , 119, 565.000 $2 , 133,260,000 67, 804.000 66,846,000 2 ,187, 369,000 2 , 200, 106,000 1, 771,028,000 1,700, 618,000 418,461,000 439,000,000 433, 586.000 455, 653,000 2 , 623, 075.000 2 . 595.271.000 26, 846.000 26.846.000 84,000 79,000 199.000 278 ,53 8,00 0 273 , 1, 023, 57^,000 13.009.000 10 .0 7 1 .0 0 0 6. 159.760.000 86.769.000 81.087. 000 77.9 12 .0 0 0 1,863,379,000 8 42,047,000 98 .4 94 .0 0 0 2,881,832,000 2,808,4-56,000 257,281,000 4 4 ,3 35,000 6 , 159,760,000 47.1^ 55*2$ November 15, 191S $375,527,000 433.885.000 5,829,000 815.241.000 1.166.579.000 7 4 .9 5 7 .0 0 0 2.056.777.000 53.039.000 2 .109.816.000 1,352*^16,000 ^39,392,000 377.877.000 2.175.685.000 29.478.000 *93,44-9,000 _______ 28,000 2 ,923.204,000 2.298.640.000 12, 222,000 2, 900,73^,000 12. 266.000 1,023. 574,000 S t . 705a 19,242,000 917,936,000 717,785,000 937, 178,000 13 , 408,000 008,000 18.169,000 8 , 225,000 6.081. 606.000 5,1^8,418,000 86.267.000 81 . 087.000 63. 687.000 1,906,867,000 739,384,000 97.750.000 2, 807, 688,000 2 ,806,759,000 257, 572,000 42,233,000 6.081.606.000 Includes 1-year ^easury notes. 79, 903,000 1 , 134,000 246.401.000 1.449. 949.000 573. 727.000 113.385.000 2.383.462.000 2 . 562. 517.000 72,930,000 4^,472,000 5,148,418,000 46.8$ 49.9$ 54.6$ 59*6$ r . R eleased f o r p u b lic a tio n Sunday morning, November I d , 1919 J not e a r l i e r . ,_ e rTn cF 0F BUSINESS NOVEMBER 1^, 1919WEEKLY STATEMENT OF RESOURCES AND L IA B IL IT IE S OF THE FEDERAL RESERVE, BANKb Ax d o l la r s . ) G o ld c o in sind c e r t i f i c a t e s G o ld s e t t l e m e n t f u n d - F - R .B o a r d F e d e ra l Reserve Bank of Boston New Y o rk P M l a - C l e v e l . R ic l™ > 8,372 1$1,&35 t c ’ sAt x a ’ p it 36,008 101, l'43 29, M g 35,261 36,2.10 Gold w ith fo re ig n a g e n cie s ■ ■ # | R ---- ^ 6 2 5 n . G° £ t l f g ^ ” s t r =■ | ts Ll o L r ? e ; L v e ! eS' SUVer' et,i' | i | ^2* 05I S | ^ P ^ O IT ^ * 6 ^ ^ 5 2 ^ ^ l i * ^ 6 ^ 3 1 ^15,3^8 68* 5k7 12*700 20*721 3 3 ,8 5 5 25*403 29,003 68.5*7 12,700 cO. ^ i 3 3 , ^ 3. ^ ^ llS lg 11,368 — ^ "6 7 9 — 2^T27~~109^ii l 4 1 1 | st.705ij ^ 4 ^ 0^ 3 33*080 1 * , U l,0 8 5 3 6,101 51,075 ZH-Z^Gdl 4U0,078 ?6 834,855 % T U I j i r - e i S s i S 131.989 l 7 « . » O o l f e - B . 3 5 5 3S1.397 105,9J7 69 ,9|2 ©,>78 0 * ,g 2 ^ , 123 2.lg.|jSo T g | ^ i — e s d ls 132,150 179,181 l O ^ T H r f ^ B T I g ^ UO.781 70,063 85,772 66,306 1 6 ^ 2 3 2 ,200! 106 Bills discounted: Secured hy Government war o b lig a tio n s (a ) m B ills T o ta l •J. S* U. S. ' t t other , , 130, 236 M bought in open m arket (b ) b i l l s on hand Government bonds Victory notes s z Bank prem ises z s r * - U n co lle cte d item s and o th e r deductions from gross' d e p o sits # Redemption fund against F.B. -701 zkk i« o ofi? tpp TsQ 721,344 122,962 122, 77 * sq? Ip ’ L q I ’ PQI 201,020 S 9 7 ,999 2 0 1 | , » Rn — — 50 “ 3 k" 75,212 3i,oH6 21,931 2237^90 97T 518 2J7,58U 4 1 500 x1,078 . u f o j 3, . ^99^ ^ 94,216 2^5,516 1,072 ^ 4ss 2,874 t Si 1.461 29,295 ltU5o I1,115+ .n u tffi So,5 ,1 62M.g66 °44 68* o ISO 1 .0 , .4 4 43 055 g ,0 5 5 29,569 U9 J U 3 ^ 9 ^ 12^20 103^674 2 8 ,5 2 1 22,012 67* S l l lu . ^ d i,. - ?k-,98'4 £ 2^ ;242,722 SS9 y ^ ^ J ! 4 ^ ^ 45 0 ^ ~ ^q.781 17.076 713 29,22? 5 6 ,5 0 2 1 ,7 0 0 ,6 1 8 2, 8]_0 __ 29,_§32____ ^ % § 5 3 49,327 174,0.48 2 ,5 9 9 ,2 / 1 3,566 2 ,b 3 2 26,84b „ 25 8,450 _ 12aS2S _ 79 9s025_JXV6S0___ 272^532 Jlg 557 549 739 — kggg--- 2^7--- 1 7 3 _ _ 1 01 to > 60,380 1,127 669 6 U ^ 655 13,009 T o m RESODHCES---------- >*70,226 1,234,223 1*62,693 5o’4,36z JiU.205 265, S51* 906,312 292,415 176,875 290,356 182,7*7 398,881 6, 159. ?6o (a ) In c lu d e s b i l l s d isco u n ted f o r o th er F - R .B a n k s , v i z . ~ - “ (b ) In c lu d e s b a n kers’ accep tan ces bought from o th er F.R *b an ks W ith t h e ir endorsement - - - - - Without their endorsement _ 21,155 _ _ - O f0b5 " - - - ^ ,lb 0 ,0 *0*U(U _ _ 21,155 “ _ _ _ _ _ g,U 04 20,2^5 33,573 * ^ Released, for publication Sunday morning, Hovem^erT^ , 1919? T CL0SE 0F BUSINESS NOVEMBER 14, I 919. 1EEKLY STATEMENT OF RESOURCES AND L IA B IL IT IE S OF THE FEDER.iL RESERVE B^NKb h i wajdjl (In thousands of dollars*; Federal Reserve Barf, of S S S Boston New York Phila. Clevtl^ ^icto. Atlanta Chicago St.Louis — i m * Government d ep o sits K f* > Due to members - Reserve account ll6>605 Deferred availaMUty l t « . • ST,022 Other d e p o sits in c lu d in g fo re ig n 7,322 ? r ™ L “ ts F .R .n o te s i n a c tu a l c ir c u la t io n 30,609 > 7 9 8 7^665 1J5. (09 81.202 i+3,79t> b>I j J g 5 ,6 *1 *H 7 | .2 » J * : 70’Ipl 79..21 ■> 1,6 8 6 ^g’ gfrr 36,857 M in n . Kans.Cy^ 8 Dallas San Fran. 8 9 ,2 2 0 96 ggR 9 6 .« 5 5^926 < * .9 ^ 3 Total % % ^ gg ; 7g 60*53 H I , p i 1 ,8 6 3 ,3 7 9 18,267 65,^06 35>^S1 2f*^27 8*t*i,u4/ ^ ^ 5igu ^ ___________________ _ _ ______ —---------------------- - 2157 oU5 1,011,779 197,'7te 216. 76U 151,363 9 J .S » S ' S g l T l f i H i s s 66[270 ^ 5$ 218,358 220,593 2U8 , 080 l U l ,311 151.376 U 6 M 9 6 138,282 8 3 ,b l2 , , 7 p„ q lg qlg 10 ,071 11,329 257,281 21,332 55,3&5 27,669 21,602 11,532 1 ^ ,525 ^0,693 16 , g 7 , 9 ^ ____— l^ U ? — ----------------^ 335 __ ^ L 8 2 ----- 1 ^ 7 7 ---- 3 r 60&----3 ^ 3 ---7 F.R.bank notes i n c ir c u la t io n net l i a b i l i t y A l l other l i a b i l i t i e s 5 5 , 7 4 5 1*70,226 i , 89U,228 1+62,693 50^,968 31^,205 265, 85*+ 906,312 292*15 176,875 290,350 18?,7^1 398,881 total L IA B IL IT IE S 6,159,7 m e m o r a n d a Contingent liability as endorser on Discounted paper rediscounted with other F# R* banks — ^ * S ; ' Sb 3 ,S k fFtan0eS * ° “ “ ° th S r 2° ,2lt5 F, R. notes outstanding . F. R. notes held by bank ■ — 21 j155 _ ' “ FEDERAL 'RESERVE HOTES OUKTANDBIG AMD " V» ACTOJl 755, 7^5 220,593 2^8,080 1^1,311 151,376 U6U-.896 138,282 DISTRIBUTION OF BILLS AND U.S. CERTIFICATES ■Within 15 days 1 'f £ Bills discounted S g L Z T T S S - ~ 21,155 20,2h^ ~ CIRCULATION l6 to 30 days Z * - “ 'W : ? § 31 to 60 days i s 98,959 6l to 90 days ppn OP9 Sl',CS5 lgo’,^66 k 83,612 6 66,270 -20,97*+ 2,808, U56 OF INDEBTEDNESS BY MATURITIES. % X _ ~ 12,02.5- F.R.notes in actual circulation218,35S E _ - ™ > Over 90 day l 6, 8l 6 . 2,139>6l8 21 .f 221 27sl 53* 215'221 Released for p u b lic a tio n Sunday morning, November l6, 1919; not earlier. S t . 705a STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS NOVEMBER 1*+, 1919* (in thousands of dollars*) Boston New York Phila- Clevel- Richm. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas Received from Comptroller 450,620 1 ,S 72,300 230,180 287,000 188,$00 281,780 Returned to Comptroller 175.517 q o U M q 2 2 5 ,UgU 27M 63 967,851 261,296 289, 9^6 170, 9^8 203,729 529, Federal Reserve Agent at San Fran. Total FEDERAL RESERVE NOTES: 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 l+l+,l+80 230,3S3 1+86,780 UUs^bO 119,232 125,000 28,580 30 , 1+1+0 21+.857 83,271 259,316 101,871 ^ 7 ,5 5 5 ^ 179.909 36,680 19,*+70 lU5 ,US0 50,872 190,860 15 U k O 372,120 7 9 ,299 ... 9^ . 6os 111,561 9,280 5 .7 ^ 6 ,2 8 0 86,1+73 6,210 17,170 81+2,851 232,716 259,506 11+6,091 156,17^ 1+92,801+ 160,1+39 85,328 105,351 260, 6*+!+ 3 ,^ 31.312 If,900 39!+, 622 69,303 255,71+1+ 3.036,690 COLLATERAL SECURITY FOR OUTSTANDING NOTES: Gold coin and certificates on hand _ - — 183,7^0 Gold redemption fund 13.596 15.677 15,620 13,19*+ 535 Gold Settlement Fund -F.R.Board 55,000 85,000 65.389 70,000 1+8,000 Eligible paper - minimum required Total AMOUNT OF ELIGIBLE PAPER DELIVERED TO F.R.AGENT 30,125 2,500 - 13,052 - 8,831 - 238,2US 3.728 IS , 12U 105,267 5,201+ 3.^5° 3,661+ 1+9,000 21+9, 11+1+ 69,931 19,800 36,860 13, ^ 1+ 89,196 85,301+ 1+9,026 6U,827 1+3,2.60. lUgr4?A i r8i+?.,37i_ 3,710 8,765 97,556 100,961+ 23M 95 850,801+ 161,787 558,1+3*+ 151.707 1U6.187 230,383 81+2, s 51 232,716 259.506 11+6,091 156. 17^ 1+92, 80i+ 160, 1+39 85,328 105,351 69,303 255, 7 ^ 3 , 036,690 201,020 897,018 166, 1+88 ^ 9,927 215,935 101, 81+1+ 105, 1+27 356,006 92, 761+ 60,576 102,713 159 , 61+2 2 , 509. 36c St .706 statement for the PRESS. Released for publication Monday morning, Nov. 17, 1919; not earlier. Federal Reserve Board November 15, 1919. COMDITION OF MEMBER BANKS. Liquidation of over 100 millions of Government securities and war paper, more than offset by an increase in other loans and investments, is indicated by the Federal Reserve Board’ s weekly statement of condition on November 7 of 783 member banks in leading cities. Declines for the week are shown in the holdings of all classes of U. S. Gov ernment securities and war paper, the decreases being in the following amounts. U. S. bonds - 2*5 millions; Victory notes - 6.2 millions; Treasury certificates about 57 millions, and war paper - about 35 millions, of which 30.4 millions repre sent the decrease for the New York City banks. A notable development is that loans secured by stocks and bonds show no increase for the week, while for the New York City batiks a decline of 34.4 millions is reported under this head. All other loans and investments show an increase of 115*7 millions, largely in the Federal Reserve Bank cities. The week saw a further decline from 19-7 to 19 P3r cent in the ratio of war securities and war papetf to total loans and investments, the corresponding percentages for the New York City banks being 24.8 and 23.6 per cent, respectively. Government deposits declined by 24.6 millions, while other demand deposits showed a slight aggregate decline of .7 million for all reporting banks, but a de cline of 6O.5 millions for the New York City banks alcne, apparently owing in part to withdrawals by outside banks in connection with payments on the British loan. Time deposits increased by about 15 millions. Reserve balances (all with the Fed eral Reserve banks) show . a growth for the week of 58.5 millions, 52.2 millions of which represent the increases reported for the New York City banks, while cash in vault was 23.9 millions larger than the week before. Total borrowings from the Federal Reserve banks show an increase of 9°-° millions for aH reporting banks and of El.7 millions for the New York City banks. Released for publication Monday morning, November 17, 1919; not earlier. PRINCIPAL RESOURCE AND LIABILITY ITMS OF REPORTING MEMBER BANKS IN LEADING CITIES. ____________________ (In thousands of dollars.) __________ ;____ — ------ - Nov. 7, 1919 7S3 Other U. S. bonds including Liberty bonds - - - - - - - - - - - - - - U# D-# XXI XC3rv8S OX liiCl©uwSuLil^So Loans secured by U* 3. bonds, etc. —— —— — ----------------- Loans secured by stocks and bonds other than U. S# securities - — • Bills rediscounted with Federal Reserve bank - - - - - - - - - - - Eatio of U. war securities and war paper to total loans and investments, per cent - - - - - - - - - - - - - - - - - - - - - - - - Oct. 31 , 1919 Aug. S, 1919 May 9, 1919 770 72I+ 773 262,209 262.612 270,231 633.950 636,066 61+1,315 672,617 292, 1+10 298.637 328,671 - gk7 RKg qQl+, 6? 3 2,01+2,. 127 2,107,933 2,1+00,519 3,207,237 1,199.131 1,23^.057 1 , 326,226 1,072,1+92 3.246,13s 3.2^6,059 10, 369,272 9.139.357 9 , 023,666 11 , 01+0 , 251+ 1,1+61,7^1 1.'403,171 1,353,3^5 1,299.739 322,679 35S.771 ' 351.220 360,S27 l l , 22l+,2Ul+ 11 . 28U.903 10,7^1+, 722 2 , 209.167 2 , 19^.156 1 , 222, 691+ 1,71+2,095 330,81+3 355.360 551, 1+06 551,099 1 , 166,815 1 , 191+, U29 1 ,022,510 l , 25l+,62U 621,231 503, 1+20 332,210 2l+U,031 19.0 19-7 . 262,122 1.160,302____ ..... 2*2.60., 432. ) ) ) 23 -U 10 , 1+26, 761+ 27^ Released for publication Monday morning, November 17, 1913, not earlier. PRINCIPAL RESOURCE AND L IA B IL IT Y ITEMS OF ALL REPORTING MEMBER DANES IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS NOV. (In thousands of dollars.) Federal Reserve District Boston New York Phila. Clevel. Richm. Atlanta Chicago St.Louis Minn. Xans.Cy. Dallas San Fran. local No. reporting banks 46 112 56 90 S2 kj 100 35 35 77 42 6l U.S.bonds to secure circulation 13.536 48,533 11,097 4i,44i 26,021 14,015 20,897 17,154 7,120 14,467 19,323 34,605 2&SI °C3 Other U.S. incl. Liberty bonds 15,520 223,569 29,572 61,325 36,254 22,737 42,699 1^,935 10,656 25,223 20,429 57,411 633*950 u. S. Victory notes 2,931 122,461 15,293 29,933 l4,4i4 10,345 51,351 7,105 4, 92s 10,755 ^ 2 7 12,462 292 410 115,197 19.097 22,562 22,0^55 15.642 57.020847,5*8 U.S.certificates of indebtedness 22,134___ 399*73? 43,512 72,354 21,096 31,165 Total U. S. securities 6o,421 254,301 99,474 205,112 98,385 24,2o2 236,144 52,291 45,272 73,080 59,221 l6l,4SS 2,042,127 Loans secured by U.S.bonds,etc. 44,796 654,916 142,259 102,316 32,260 25,094 92,172 22,127 14,201 19,013 6,^42 24,969 l ’lQq’ m Loans secured by stocks and bonds2l2,991 1,559,933 220,757 327, 97s 113,143 47,931 357,247 144,605 32,973 70,925 22,236 122,759 3!246[l38 All other loans & investments 66s,7o5 3.223,734 472,931 729,562 333.661 350,209 1, 290,121 293,923 262,730 473,002 200,233 714,420 9,139,357 Reserve balances with F.R. bank 22,75° 759.631 69,530 90,171 40,742 31.276 177,672 4-1,222 25,443 *42,47 5 24,530 69,021 1.46l,74l Cash in vault 24,329 130,126 17,901 3’4,250 19,039 13,201 69,791 11,205 9,382 16,974 10,9^5 24,836 322,679 Net demand deposits 200,936 5,134,522 620,720 224,421 372,424 223,225 1,346,269 330,490 267,664 454,775 217,526 570,552 11 224 244 Time deposits 123.935 ^31,059 22,36s 321,724 96,470 120,156 462,711 106,615 58,236 23,375 31,920 343, 99s 2W 167 Government deposits 19,192 197,225 25,431 24,923 7,580 3,507 25,991 6,501 5,567 4,224 5,215 4,227 310,243 Bills payable with F.R.bank 34,o42 619,432 73,212 24,314 46,026 49,675 100,120 26,235 22,369 52,445 15,202 43,071 1,166,515 ?iH?_£2^ifr.2^ f L f ^ L ! ' : ? : 5^ _ _ § 5i264___22li37l_ 9S,269__37ii53__i7i724 _3l,5|*§ _ 36i782_ 20,789_ 17»912. _§S,375_ _S,005 37,373 __ 621,231 PRINCIPAL RESOURCE AMD LIABILITY I TEL'S OF 1.S.IBER BAHKS IN F.R. BAIKAND BRANCH"ciTlEs"AKD"ALL"o!3HER~RiPORTING BANKS7 " AliTothar * New Yorl-City City of Chicago All F.R.bank cities F.R.branch cities reporting banks Nov.7-- -Oct.31 Nov.7— — Oct.31 Nov.7--- Oct. 31 Nov-7 Oct.31 Nov.7--- Oct.31 No. r.sporting banks 44 44 71 71 262 2oS 172 179 337 337 U. S. bonds to secure circulation 38,836 1,432 32,351 101,623 101,926 65. 5^9 65,549 100,977 101,077 1.^39 Other U.S. including Liberty bonds 254,326 252,510 14,582 15,3^1 373,>+77 376,066 133.764 134,771 126,709 125,229 U- S. Victory notes 107,161 109,770 23,811 24,457 172,123 175.694 62,331 63,225 57,296 59,71S 3Iibo29 u. s. certificates of indebtedness 419,226 58.1S3 56,746 _____ 570,723 625,667 166,759 164,166 110,016 114.?qo Total U. S. securities 773.136 222,273 92,773 97,224 1,212,126 1,279,413 422,403 427,711 395,592 400,214 Loans secured by U. S. bonds, etc. 618,222 649,336 66,542 63,954 960,696 996,767 131,989 125,762 106,446 1X1,*22 Loans secured by stocks and bonds 1,421,159 1,455,617 272,031 274,126 2,455,714 2,467,182 396,lo7 385,673 394,257 393,198 All other loans and investments 2,93i,o4o 2,261,690 714,002 693,341 5,722,667 5,677.326 1,649,079 1,653,149 l,707,6ll 1,693,131 Reserve balances with F. R. bank 721,073 662,943 122,921 119,241 1,115,146 1,057,324 179,477 179,044 167,118 166,803 Cash in vault 116,124 104,869 39.270 36,653 220,689 205,118 69,322 64,327 92,662 89,326 Net demand deposits 4,704,741 4,765,169 904,086 272,123 2,020,179 8 ,037,717 1,553,450 1,545,469 1 ,710,615 1,701,717 Time deposits 342,644 343,531* 176,238 174,440 1, 073,998 1,065,256 595,397 591,466 539,772 537,434 Government deposits 195,167 211,125 18,042 19,022 279,5^6 300,579 27,929 30,388 23,368 24,393 Bills payable with F.R. bank 564,766 519,785 40,252 4l,683 801,393 825,607 22?,o6l 217,322 143,361 151 560 Bills rediscounted with F. R. bank 203,942 167,234 22,974 26,734 461,701 359,345 82,274 75,314 77,256 6s!s21 Ratio of U.S. war securities and war paper ’ to total loans and investments, per cent 23-6 24.8 14.2 14-2 20-0 20*9 19.0 18.8 15.4 I 5.S C O N F I D E N T I A L Hot fo r p u b lic a tio n GOLD RECEIPTS AND DISBURSEMENTS OF EACH FEDERAL RESERVE SAM DURING WEEK ENDING NOV, 1M-, >1919(F ig u re s do not in c lu d e gold re c e iv e d from or p aid to another F e d e ra l R eserve B a n k .) S t . 7^5 ( i n thousands of d o l la r s . ) R E C E I P T S A ll e . In exchange f o r F , R . note; I C re d its to d e p o sit accounts From U .S . From T o ta l Other banks, , fo re ig n other U-S*Government Member a g e n c ie s . N. S . R e ce ip ts Government members in d iv id u a ls , 0t c . T o ta l General Account banks T o ta l Boston 1,669 23^Ik 1,^05 25 135 25 5 5 New Yorx — 13,205 7,062 32 7 1,^56 1,^56 25 5,255 P h ila d e lp h ia — — — 1,61+U 1 Ik 13 91 91 1,539 Cleveland — 60 1,819 102 1+2 1 , 57s 139 139 Richmond — 1 12 1 12 956 9k3 A tla n ta — « 3l+ 632 2,066 ■ 1,250 Uo i+o 1,250 Chicago — 1 20 2 , 2 1 3 2,496 IS ? 187 19 St* Lo u is — — 2 50 2 50 SCk 956 M inneapolis 520 124 12 . 1 + • 28 3 3 675 Kansas C it y — — 2 l,0l+S 123 923 2 123 B a lia s — — — 5U0 500 . 140 Uo San u ra n cisco — — — 2 SI 96s SI 885 cn. T o ta l f o r System 1,385 is 6 OJ 1,660 19 , 2U0 28,61+2 2 , 3^8 2.3US 5,39^ D I S B U R S E M E N T S In exchange f o r F .R * notes A ll D eb its to d e p o sit accounts By ! To U .S . 1 To ■ : Other banlcs, J U .S . ] Member T o ta l fo re ig n j o th er Government |members in d iv id u a ls ,e t c . j T o ta l N. S . a g en cies j Disbursem ents Government 1 banlcs T o ta l Boston — 100 1 100 58 Rg 176 17 New York 21 — 1,072 l+,l+70 Sb i+,i+7o k 1 , 0V? 309 5*935 P h ila d e lp h ia 6so — 6S0 51+2 1+9 1+9 IS 1 ,289 • C levelan d — — 733 733 19 325 1,077 2 1 k Richmond — 21U 11 238 13 13 A tla n ta — — 1,837 2 1,850 8 1,8 31 5 Chicago — 767 500 767 1 , 29^ 27 S t . Lo u is * — . — 1 , 21+9 11 335 903 335 M inneapolis p. — 6 76 82 6 88 • Kansas C it y 111 111 11 10 132 B a lia s 7*+ 7 !+ 228 1+27 22s 6 119 - ’ San Fran c i s c 0 t >2 — 62 96U 96U 11 19H 1,231 T o ta l f o r System 6,036 — 27 6,067 229 l!+,986 5,787 5,787 2,903 • — E xce ss re c e ip ts 15s 19,011 S5 13 , '65b 2,1+91 — ^>^07 Excess^payments ;+>6p l 3,^39 3,^39 FEDERAL ITS'SSVE BOARD D F rr-ic'.* o r ;."t: po ?.t s "t d s t a t i s t i c s EI^TT-IBER I?, 1S13 RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES, RATIO OF GOLD RESERVES TO E. R. NOTES IN ACTUAL CIRCULATION, g. AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF l j ALL FEDERAL RESERVE BANKS. November 14, 1919. C O N F I D E N T I A L Not for publication .• -ii^r •: Preserve Bank Ratio of total reserves to net deposit &nd F. R. note liabilities combined November 7--- November lU Ratio of gold reserves to F.R. notes in actual circulation after setting aside 35$ against net deposit liabilities November 7--- November ll+ Bos ton 44.1 1+1+.2 1+9-1+ New York 40.2 ^3*7 1+5-5 Philadelphia 1*0,6 U0.2 Cleveland 48.8 ■ Richmond Ratio of gold and lawful money reserves to net deposits Nov. 7--- Nov.l4 Ratio of gold reserves to F. R. notes in actual circulation November 7-November 14 1+9.3 1+9-0 1+9.s 41.2 4l.l 52.6 39*9 1+6.5 40.6 4o.9 1+3.5 1+2-8 1+0-6 39.1 40.5 4o,g 1+6.6 56.3 53-0 1+9.2 1+7.1 48.6 46.4- 51.9 51-3 59-2 5S.5 75*2 73*1 4lc7 4i.6 Atlanta 43.4 1+3.5 1+6.2 ^6.3 51.1+ 51.s 40.7 40.7 Chicago 59.4 53.1 73*3 63.1 i+9-2 1+3.5 65.3 52*4 St. Louis 57*3 55*7 67-4 64.8 62.3 51.1 55*1 57*8 Minneapolis 50-3 50-7 60.2 61-0 5S-0 60.s 45.2 44.1 Kansas City 43.1 1+6.9 ^9*3 57-0 1+6.3 49.3 40.6 44.9 Dallas 51.2 5S.3 63.3 75*0 60.6 79*4 44.1 43.1 53*1 57-0 1+7.1 46.9 47.4 51.2 5I+.6 55-2 1+6.5 48.5 • 47.0 46.2 San Francisco Total _ 1+6. s FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS NOVEMBER 19, 1919. ^9*7 1+7.1 ..... ;
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