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SIATLLIENT FOR THE PRESS
Released for publication
Sunday morning, S e p t. 21, 1919;
net e a r lie r .
St. 601
F e d e ra l Reserve Board
September 20, 1$ 13*
c o n d itio n o f f e d e r a l r e s e r v e banks
Continued liq u id a t io n o f war paper, fo llo w in g the redemption of the tu lle of
o u tstan d in g V ic t o r y lo an c e r t i f i c a t e s , and corresponding re d u ctio n s in re se rve and
n e t d e p o sits are in d ic a te d in the F e d e ra l Reserve Board’ s w eekly bank statem ent i s
sued as a t clo se o f b usiness on September 19, 1919*
As a g a in st a re d u c tio n o f lU0v6 m illio n s in the t o t a l h o ld in g s o f war paper the
banks show an in c re a s e o f 3 1 * 7 m illio n s in o th e r d is c o u n ts < Acceptances on hand,
because o f the g re a te r demand in the open market^ f e l l o ffS# 2 m illio n s , w h ile hold
ings o f Tre a su ry c e r t i f ic a t e s d e c lin e d I S . 7 m i l li o n s .
a decrease o f 135<3 m i l li o n s .
Aggregate e arn in g a ss e ts show
T o ta l war paper ho ld in g s o f the Chicago, S t , Lo u is
and M inneapolis banks in clu d e 6 l * l m illio n s of b i l l s disco unted fo r o th e r.F * R»banks,
w h ile acceptances h e ld ty the Kansas C ity and San F ra n c is c o banks are in c lu s iv e o f .
3S.3 m illio n s purchased from o th er F . R . banks, as a g a in st 1+5*6 m illio n s the week
b e fo re .
Government d e p o sits show an in cre a se o f
6 m illio n s ,
as a g a in s t a decrease of
151*^ m illio n s in re se rv e d e p o sits, w h ile the " f lo a t " c a r r ie d by the F» R» banks
works out 2S«1+ m illio n s la rg e r than the week b e fo re .
No a p p re c ia b le change i s shown
in F* R . note c ir c u la t io n , w h ile the banks1 aggregate l i a b i l i t i e s on F . R* bank
notes in c ir c u la t io n went up U.U m illio n s *
The banks1 gold re s e rv e s , because o f the t r a n s f e r o f gold from the co n tin e n t to
the v a u lt s of the Bank o f England, re c e iv e d an a d d itio n of l+5»5 m illio n s , w h ile the
amount of gold in t r a n s i t or in custody shows a d e c lin e o f U4#l m illio n s *
T o ta l
gold re s e rv e s , because o f e xp o rt w ith d ra w a ls, show a n e t in c re a s e o f but 23 «1 m il
lio n s , w h ile t o t a l cash re se rv e s in c re a se d 23*6 m i l li o n s .
shows a r is e from 50*^ to 52*5 p e r cent»
The banks* re se rve r a t io
•
St. 601a
R e le ase d fo r p u b lic a t io n Sunday morning September 21, 1919; ri° t e a r l i e r .
STATEMENT OF COMBINED RESOURCES AND L IA B IL IT IE S OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS SEPTEMBER 19 , 1919*
September 20,1912
September 1 2 , 1919
September 19, I9I9
R E S O U R C E S
$367, 660,000
$231, 609,000
$230,047,000
Gold co'in and c e r t i f i c a t e s
4 5 9 .9 9 7 .0 0 0
537,723,000
512,020,000
Gold Settlem en t Fund - F . R . Board
5 229,000
Gold w ith fo re ig n ag en cies
45,479.000
233.426.000
769.332.000
787, 606,000
T o ta l gold h e ld by banks
1 .1 4 5 .9 5 0 .0 0 0
1,
190, 769,000
Gold w ith F e d e ra l R eserve Agents
1, 202,961,000
4 4 .1 2 2 .0 0 0
102. 766.000
Gold Redemption Fund
___ 95*333*000
2.
023.
552.000
$2,062,
267,000
$2,091,966,000
T o t a l gold r e s e rv e s
____
5
2
.4
21,000
69,
632,000
L e g a l tender n o te s , s i l v e r , e t c .
70,093 ,000
2.0767039.000
2,
138,499,000
2,162,057,000
T o ta l re s e rv e s
1 .1 4 6 .3 5 7 .0 0 0
1 ,5 2 4 ,5 2 1 ,0 0 0
(Secu red by Gov* t . war o b lig a tio n s
1,323, 896,000
513.729.000
B i l l s d iscounted ( A l l other
230
317,000
261,925,000
250.032.000
362,005,000
B i l l 5* bought in open m arket
.-msiZt-QQg
1
.910.178.000
2
.1
1
6
.2
4
3
.0
0
0
1 ,999. 69s,.000
T v t a l b i l l s on hand
29.022.000
27.096.000
27.095.000
U . S . G-oysri.cient bonds
192,000
192,000
U» S. V t o r y n o tes
*4 1 ,2 7 2 ,0 0 0
341, 655,000
322,926^000
U . S . Ccx t i f l o a t e r of indebtedness
_________ 84,000
A l l other e a rn in g a s s e ts
1.921.162.000
2 .4 2 5 .7 2 6 .0 0 0
2, 349/971,000
T o ts 1. sa.TT.ing a s s e ts
13.143
.000
13.146 .000
Bank prem ises
152, 232,000
Gold i n uransifc or in custody in fo re ig n c o u n trie s
114,132,000
654.843.000
1.031. 292.000
273 ,066,000
1. 139. 260.000
U-'col'.lnoted i lems and other d eductions from gross d e p o sits 1 , 025, 1?P,OOP
2 112,000
11.343 .000
11.229.000
5yt Hedeuvcicu f.u id a g a in s t F * R . bank notes
12.610,000
11.007 .000
10. 226.000
A l l •:>th ar re so u rc e s
4. 726.766.000
5,
691,076,000
5.
626.
609.000
T01A;* lutoi;*
L I A B I L I T I E S
72,629,000
25.140.000
25, 202,000
C a p ita l p a id in
1 ,1 3 4 ,0 0 0
21.027.000
81,027,000
S u rp lu s
16
9 .1 4 1 .0 0 0
33,
534,000
72,134,000
Government d e p o sits
1
.5
2
4
.5 2 8 .0 0 0
1,
202,
791,000
Due to members - R eserve account
1 ,6 5 1 ,4 2 6 ,0 0 0
490
.26 5.00 0
679.043.000
202, 715,000
D e fe rre d a v a i l a b i l i t y item s
.1
0
0
,1
7 3 ,0 0 0
134. 096.000
Other d e p o sits , in c lu d in g fo r e ig n government c r e d it s
106.299.000
2
.2
2
4
.1
0
7 .0 0 0
2
.6
4
9
.5
1
4
.0
0
0
2 .6 3 9 .1 7 4 .0 0 0
T o t a l gross d e p o sits
2.
295.031.000
2.
621.
228.000
2. 621. 252.000
F . R . notes in a c tu a l c ir c u la t io n
33, 202,000
228,169,000
232,59^,000
F . R . bank notes in c ir c u la t io n - n e t l i a b i l i t y
25,932,000
___
34, 597,000
____2 7 .222 .000
A l l other l i a b i l i t i e s
5
,
691,076,000
4
,
726,
766,000
5
,
626,
609,000
TOTAL L IA B IL IT IE S
R a t io of t o t a l re s e rv e s to n et d ep o sit and F . R . note
50.Mfa
52. 5fo
5 2 ,^
* I n c ludLe s one -ye a r
l i a b i l i t i e s combined
T
re
a
su
ry
n
o
te
s
.
R a tio of gold r e s e rv e s to F . R . n o tes in c ir c u la t io n
62.5 fo
60,0^
65. 6#
a f t e r s e ttin g a s id e 35$ a g a in s t n e t d ep osit l i a b i l i t i e s
,
,
*
£
Released for p u b lic a tio n Sunday morning,
September 21, 1919;
not e arlie r*
.... ,.......
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS SEPTEMBER 19, 1313RESOURCES
( i n thousands o f d o l l a r s .)
_
^
_.
c
Boston Sew Y o rk P h ila . Cleve 1 , Pdcinu A t la n t a Chicago S t- L o u is Minn. ivans-Cy. Lal-waS an i*ra n .
•S S
3, p
* Gold w ith Federal Reserve Agents
• u
s
w
s
s
t
IeST0
aL t
i“ e S ^ s teS,SilVer’et0‘
7 0 ,7 0 6
289 , 256
a
&
v l'.lfs
6?
a
7 1 ,2 1 8 1 3 8 ,1 2 1
a
^
§ :? B9
s
^
I ; g 4 : §
3 2 , 64o
g
'S . l g a a . S g
75,3^
^ , 3$
4 ; |
3 1 7 , 503
^ J 09
:g
S
J
^
3 6 ,1 2 5
3 5 ,6 7 9 1 7 , g S
110.427
< 3 g » j f - * g
*
» §
-
eslln ^S?
78,090
80>5
3
» S
g
69.7W 3T> n
m
i
xo a
%
-
ite.760
'f a
a ia t ^
B i l l s discounted:
3
•
£
r
~
twar
u ? :^
■
B1S stal s s f c n ^ r market <b)i6^
^ U- t
Government bonds
U , S . Victory notes
U ,S .C e r t i f i c a t e s o f in aeo teaness
Total earning assets
Bank premises
Gold in transit or in custom
i n foreign countries
U ncollected items and other
deductions frcm gross deposits
5$ Redemption fund against F,Rbank notes
All other resources
„
TOTAL iffiSOOECES
(a)
£
3
T J I
|
7
J
r
« r .|
539
_
cJL. 4jO
190,058
2,089
1,257
^
1 , 385 '
^
1 ,0 9 3
^
1 , 23*
^
^
^ 5
4 , 47 7
^
^
1 ,1 5 4
^
^
O* Di l. JLUfUUU --•u.ry.T734,206 225,622 133,231 108,797 116,965 261,114 109,182
2,936
691
444
3,994
500
875
m
xyo, / CD <o,DO^
-
-
91,278
232,490 86,382 90,196
S6,093
1,072
1,132
1,350
93S ____ § H
428
665
-
375
114,138
2, 527
260 ... . 1*122
-
116
^ ^
8 , 2 2 4 _____ 3 2 2 , 95.6
86,s4i 50,311
54,488
1 , 025.122
500
811-
11,289
10.886
156,060 367, 5*1
5,686,609
19,392
670
310
* 513.
5.65...
7 .2 0 0
114,138
62, 227
1.612 .
i ? .6 0 9
-
44, 193120,631
240
-
892
473
...552 ___165
>*16,056 1,764,699 1* 1,653 l*97, 1tll 271,73 227,782 1*7,597 253,S00 167,769 2 7 ^
Includes b il l s discounted
for other F»R* banks, v i z .
,
-
-
-
-
-
...
_
*
5 ,0 0 0
2 7 ,0 9 5
-
-
1,297
2 ,6 3 2
•2,349/fl
13,14b
-
63 s
3 ,9 6 6
69,464 116,053 66,699 l6 S,5S0
4oo
402
3 4o
-
~
u g .g
8 ,8 6 7
1 5 ,0 0 0
_
6l
10J
-
(b) Includes b an kersf acceptances
bought from other F .S ,b a n k s :
Without their endorsement
,
_
~
~
'
r7
* Includes Government overdraft of $3 8 6 ,0 0 0
l g l 70
-
2 0 ,0 8 0
3 8 ,2 5 0
Released, fo r p u b lic a t io n Sunday m orning, September 21, 1919; not e a r l i e r .
St,601c
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BAMS AT CLOSE OF BUSINESS SEPTEMBER 19, 1919*
(In thousands of dollars-)
L I A B I L I T I E S
Boston New York P h ila . C le v e l. Richm . A t la n ta Chicago S t .L o u is Minn. K a n s .C y . D a lla s San F ra n . T o ta l
C a p ita l p a id - in
7,034
22,060 7, 757
9 ,3 7 3
M 32
3 ,3 ^
12,082
4,010
3,030
3 ,9 0 4
3 ,3 2 1
5,021
85,208
S u rp lu s
'5 ,2 0 7
32,922
5 ,3 H
5,SoO
3 ,200
2,505
9,710
2,po9
2,320
3,957
2,029
i+>577
81,087
Government d e p o sits
1.1,384
169 4 , SOS 22,540
3,551
7 , 237
1*3 82
3,9^0
5,375 12,469
5,239
78,13*+
Due to m em bers-Reserve account
100,136
646,592 100,973 122,114 54,104 4 6 ,728 238,673 62,466 54 ,269 82,742 4 2 ,6 5 2 99,977 1 ,6 5 1 ,4 2 6
D e fe rred a v a i l a b i l i t y item s
57,212
208,935 75,950 7 5 A&7 S0.250 3 3 ,014 87,755 50,092 16,586 6l , O l 6 31,961
24,777
802,71-5
Other d e p o sits in c lu d in g
,
foreign government credits
5»850____ 49.203
7.341
6,476
3*780
3.047 10,993___ 30.4_____ ^Jjll__ J >,,
___ 2,333
6,681
106,599
T o ta l gross d e p o sits
F.R.notes in actual circulation
F„R.bank notes in circulation net liability
All other liabilities
TOTAL LIABILITIES
17^,582
904,S99 189,072
205,735
7^7,239 211,378 233,862 111,736 117,963 447,173 109,030
21,316
48,197
2,182_____9.382
226,297 141,685 90,026 338,803 120,842 73,766 153,m
26,051 20,083
2,084
1,936
,
-
r
r
r
r
80,507
'
9,036 12,492 36,806 16,263
1,264
1,112
3,023
94,683
89, 417136 , 6742 , 639,174
51,223 210,729 2,621,258
7,362 17,393
1,060_____ 764
9,150
1,440_____ 9^0
8,425
232,594
2,115____ 27, <~SS
4l6,056 1,764,699 441,653 497,411 271,753 227,782 847,597 253,800 167,769 274,488 156,000 367 , 5^1
5, 606,609
MEMORANDA
Contingent liability as endorser on Discounted paper rediscounted
with other F«R. banks
-
23,627
-
—
33,000
8,000
-
-
-
-
9,500
-
,2 7
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F. R. notes outstanding
F.R. notes held by barfc
F .R .n o te s in a c tu a l c ir c u la t io n
215,993
10,258
S43,197 226,226 247,5S9 117,^ 6 121,5^9 476.277 128,874
95,958 14,848 13,727
5.&70
3,586 29,104 19,844
82,111 100,936
1,604
6,253
53,693 237,771
2,470 27,042
205,735
7^7,239 211,378 233,862 111,736 117,963 447,173 109,030
80,507
51,223 210,729 2,621,258
94,683
2»S51,622
qQ,3o4
DISTRIBUTION OF BILLS AND U„S„CERTIFICATES OF INDEBTEDNESS BY MATURITIES.
Bills discounted
Bills bought in open market
U,Sa certificates of indebtedness
Within 15 days
1,317,455
101,631
89,703
l6 to 3C days
68,299
104,085
9,000
31
60 days
190,393
102,724
19,706
ol to 9C days
52,922
44,584
23,972
Ovor 90 days
6,512
793
180,605
Total
1,645,881
353,817
322,98b
Released for publication Sunday morning September 21, 1919; not earlier.
St.601d
STATEMENT OF FEDERAL RESERVE AGENTS* ACCOUNTS AT CLOSE OF BUSINESS SEPTEMBER 19. 1919*
(In thousands of dollars)
Boston New York Phila. Clevel.
^eceive^fr^COTptroller
Returned to Ccs^troiler
Chargeable to F. R. Agent
In
hands
of F. R. Agent
Richm. Atlanta Chicago St.Louis Minn. Kans.Cy.
Dallas San Fran.
Total
397,800 1, 769,360 450,780 410,530 246,6^0 251,000 729,680 240,200 138,380 180,320 109,200 336,340 5 , 260,280
148.707
795,163 197,774 134,311 105,126
249,093
974,197 253,006 276,269 i4i,5i4 180,358 517,277 151,744 94,391 111,676
68,368 243,971 3,261,864
131,000
14,675
33,100
26,780
28,680
24,108
70,642 212,403
58,809
4l,000
88,456
22,870
43,989
12,280
68,644, 40,832
10,7^0
92,3 6 9 1 ,998,416
6,200
410,242
Issued to F. R. bank less amount
^ e ^ S o n ° F' E" A66nt f0r
215,993
COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
Gold coin and certificates on
hand
8^3,197 226,226 2*^7,589 117,Uo6 121, 5^9 1*76,277 128, S7U 82,111 100,936
53,693237, 7 7 1 2 .851,622
183,740
2,500
35,125
245,408
8,831
2,160
13,052
8, 67s
2,619
1,333
2,319
3,163
16,183
101,921
5,184
94,244
861,632
-
Gold redeijption fund
20,706
15,516
13,329
12,996
1,640
Gold Settlement Fund- F.R.Board
50,000
90,000
57,889
90,000
31,000
36,400 308,825
42,930
21,800
33,360
145,287
553,941 155,008 109,468
84,766
79.210 15s .774
81,165
45,926
65,257
36.515 127,344 1,642,661
215,993
843,197 226,226 247,589 117,4o6 121,549 476,277 128,874
82, ill 100,936
53,693 237,771 2, 851,622
168,074
601,560 155,373 157,037
53,898
55, 533144, 5 8 2 1 , 913,595
Total
^D^IVERED TO F. R. AGENT
93,672
3,439
83,470 214,933
90,886
94,577
STaTS/EKT for the press
Released for publication
Monday morning, Sept, 22, I919;
not earlier*
CONDITION OF MELIBER BANKS
St» 602
Federal Reserve Board
September 20, 1919'
Large reductions in the holdings of Treasury certificates, apparently of the two
last series
issued in anticipation of the Victory loan, accompanied by correspond
ing declines in Government deposits are indicated by the Federal Reserve Boardls
weekly statement showing condition on September 12 of 774 member banks in leading
cities,
Of the total decline for the week of 231 millions in U* S* securities held
222.6 millions represent the decline in Treasury certificates, 4*6 millions - the
decline in U. S. bonds and 3*9 millions - the decline in Victory notes*
War paper
on hand went up 15«1 millions, while loans secured by stocks and bonds show an in
crease of 56»0 millions, of which 25»'4 millions represent the increase for the mem
ber banks in New York City*
Other loans and investments increased 72*1 millions, all
classes of banks sharing in this increase,
Aggregate holdings of United States war securities and war paper decreased frcm
3 , 5S2 to 3*365*9 millions and constitute 22*2 per cent of the total loans and in
vestments of all reporting banks, as against 23*5 psr cent the week before.
For the
New York City banks a decline in this ratio from 27*6 to 26*3 per cent is noted*
As
against a decline of 1S1.1 millions in Government deposits the report shows
increases of 319 millions in other demand deposits, and of 6»9 millions in time de
posits.
Reserve balances accordingly show an increaso of 4l*4 millions.
Accommo
dation by the F» R« banks as measured ty the aggregate of collateral notes and cus
tomers* paper discounted for reporting banks shows a net decrease for the week of
95*7 millions*
Of the total discounts held on September 12 by the F, R4 banks the
amount held for reporting banks was about 77 Per cent, as against 72 per cent the
week before»
St.602a
R e le a se d fo r p u b lic a t io n Monday morning September 22, 1919; not e a r l i e r .
STATEMENT SHOWING PRINCIPAL RESOURCE AND L IA B IL IT Y ITEMS OF MEMBER BANKS IN LEADING C IT IE S *
1.
Comparative d ata fo r a l l re p o rtin g banks._______________ ____________
( I n thousands of d o l la r s .)
S e p t. 12, 1919
Number of re p o rtin g banks
774
S e p t. 5 , 1919
774
June 13, 1919
771
March 14, ;
772
U„ S- "bonds to secure c ir c u la t io n —
269,551
269,393
268,566
265,735
Other U . S , bonds in c lu d in g L ib e r t y bonds
632,065
636, 801+
636,292
676,095
312, 62s
316, 1+89
424,665
1 , 111,850
1,334,4i6
1,422,736
2,241,182
2, 326,09If
2,557,102
2,752,259
3, 183,012
1,309,370
1,294,285
1,400,052
1, 118,067
Lo^ig secured by sto c k s and bonds other than U , S . s e c u r it ie s - - -
3,013,107
10, 789,472
10, 201,362
A l l Cuher loan s and in vestm en ts
8, 1+96,625
2,957, 11+1 )
)
8,1+24,631+ )
1,333,1+31
1, 31+2,058
1,257,523
1, 298,290
368, 6^+9
365,330
374,1+50
348,Sl4
Net demand d e p o sits - - - - - - - - - - - - - - - - - - - - - - - -
11, 220,961
10,901,999
10, 587,030
10,311,^35
Time d e p o sits - - - - - - - - - - - - - - - - - - - - - - - - - - -
1,928, 1+72
1,921,5*6
1,729,575
1.668,533
505,296
686,443
945,738
670,239
1, 037, i4s
1,147,401
1, 119,496
1,175,463
312, 1+1+9
297,805
274,137
290,087
23.5
26.0
27.7
V ic to ry n o tes
- - - - - - - - - - -
U , S . Certa-'-j :.-:.n,ts s of indebtedness - - T o ta l U* S, s e c u r it ie s - - -
--
- -
Loans secured by U . S . bonds, e t c .
-
R eserve b alan ce s w ith F . R . bank
Cash in v a u lt - - -
- -
- -
- -
--
--
-
- -
- - - - - -
_ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _
--
--
--
- -
--
--
--
- -
- -
Government 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 t io of 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 cent - - - - - - - - - - - - - - - - - - - - -
22.2
-
St.602b
Released, for publication Monday morning, September 22, 1919* not earlier.
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BANKS IN LEADING CITIES.
2. Data for all reporting banks in each district, as at close of business September 12, 1919- (I*1 thousands of dollars.)
Boston New York Phila. Clevel. Richm . Atlanta Chicago St.Louis Minn. Kans.Cy Dallas San Fran
Total
56
76
43
77^
56
1+7
100
35
No. reporting banks
46
S3
110
35
82
34,605
U.S.bonds to secure circulation 11+, 60S
7,120 14,327 18,923
269,551
4s, 060 11,597 1+1,791 25,821
14,847 20,698 17,154
632,065
Other U.S.incl. Liberty bonds
16,900
28,8^8 47,867 14,920 11,118 22,975 20,320 42,650
292,237 32,239 63,535 38,1466
U. S. Victory notes
9,774
312, 62s
6,078 12,133
5,203 10,547
126,344 16,949 _36,960
......................
.
_
13,195 49,863
9,855
15,727
U,S,certificates of indebtedness _§ 2,512
1+60,232 43,895 S9.S31+ 29,967
6l.5l4 l6S,915 31.1+73 29,232 45,042 36,146 63,03s 1, 111,850
SO,592 150
, ,§40 2, 326,094
T o ta l u . s . s e c u r it ie s
“ 93 , 75 ft’ .. .9 2 6 ,g?3_ Io 4 ;6 8 0 ~ ^ 2 ,T 2 6 “ i0 9 , p i " l l g j j p
2 g 7 3 4 J ~ 7 3 ,402..... 55,55^ 9 W
19,960
7,779 23,663 1,309,370
Loans secured by U.S.bonds,etc. 60,857
704,296 171,600 108,21+7 1+1,595 28,977
101,391 28,135 12,870
Loans secured by stocks & bonds 213,065 1,1+17,503 202,791 294,017 103,855 45,449
350,065 137»824 33,ll6 75,438 30,225 109,759 3,013,107
All other loans & investments
629,814 3,095,933 465,067 780,009 311.1U 294,512 1,177,584 277,072 254,984 441,701 163,636 605,262 8, 496,685
78,631
701,450 69,716 89,08436,3^
31,388
180,342 41,022 25,374 46,023 21,396 62,715 1, 333,481
Reserve balances with F.R.barik
68,449
9,864
3,783 14,986 10,506 21,064
368,649
Cash in vault
25,195
125,040 22,362 31,?4i 16,796 14,363
Net demand deposits
774,9025, 166,362 681,626 828,171
341,117 260,029 1,374,301 325,379 268,393 467,612 192,565 540,6o4 11, 220,961
Time deposits
108,219
359.513 21,949 297,212 92,275 117,084 451,616 101, 51^5 56,792 80,701 30,660 210,906 1 ,928,472
54,266 15,822 13,004 20,068 24,766
4,728
505,296
Government deposits
51,839
211,737 30,587 43,599 12,594 22,286
80,637 31,680 16,764 43,337 13,005 36,234 1, 037, 14s
Bills payable with F H.bank
14,803
461,141 132,510 89,029 56,7151 61,193
Bills redistountedwithF.R.barik 62,697
127,348 21,946 14,189 17, 019. 11,583
19.752 16,371
513 10,057
2,805
8,169
312,449
3.
Comparative data for banks in Federal Reserve bank and branch cities and all other reporting banks.
All other
New York
Chicago
All F.R.bank cities ' F.R.branch cities
reporting banks
Sept. 12-- Sept.5
Sept*12-- SeptJp
Sept«12-Sept. 5
Sept.12-Sept.^
Sept ^ 2 — S e p t ^
172
172
260
260
70
44
44
70
No. reporting banks
63,082
103,000
102,998
38,363
1,438
1,419
103,432
U.S. bonds to secure circulation
38,363
142,971
144,100
376,026
117,807
266,491
16,094
15,717
369,606
260,869
Other U.S.bonds including Liberty bonds
118,359
71,067
63,012
65,206
132,410
106,904
70,343
111,733
23,691
23,302
176,579
U. S. Victory notes
163,574
184,525
220,532
882,738
489,127
96,232 114,704
727.744
267,153
U. S. certificates of indebtedness
475,380
^830,463
W r
1,544,487
905,714
472,853
519,109
Total U. S. securities
137,505 155, 1^2
124,063
120,501
1, 037,861
662,922
660,934
66,244
134,345 135,923
Loans secured by U.S. bonds, etc.
73,353
363,937
372,145
1, 291,036 1, 265,636
378,307
2,212,989
273,392 272,265
375,165
Loans secured by stocks and bonds
634,447 643,727
5. 311,096 1, 508,926 1, 493, 40s 1, 630,563 1, 615,130
2,739,423 2, 706,958
All other loans and investments
162,187
16s, 229
122,690 123,983 1,037,725 1,007, 19s
663,05s
629,761
172,673
177,527
Reserve balances with F.R. bank,
87,408
62, 688
214,688
63,234
91,716
214,245
3S,6o4
111,425
111,898
Cash in vault
38,739
902,202 872,012 7,977.321 7,721,388 1, 532,949 1, 502,330 1, 710,691 l,b7S,281
4, 728,369 4, 545,032
Net demand deposits
830, 60s
571,^61
523,338
567,603
833,080
274,895
270,999
169,309 163,904
523,931
Time deposits
64,622
508,108
71,482
85,706
33,404
196,605
274,343
92,629
47,640
369,192
Government deposits
148,185
153,
65s
407,374
458,481
1
+
0,067
813.477
153,475
60,473
725,015
185,739
Bills payable with F, R% bank
34, 36s
48,405
216,815
224, 79O
39,254
46,622
11,667
112,163
122,764
12,155
Bills rediscounted with F. R. bank
Ratio of U.S«war securities and war paper
. to total loans and investments, per cent
24.5
21.9
19-0
IS.7
19 .6
26.3
27.6
23.1
23.5
19.3
GOLD RECEIPTS SSD DISBURSEMENTS OF EACH FEDERAL RESERVE BAtK. K*™ *' ttm: ffiLlIi:G AUGUST 29,
(FIgnres do not include gold received from or paid to another Federal Reserve t>ank.{
( In thousands of d o l l a r s .) _______ ___________ _—_ —------- -----------------___
—
r e c e i p t
"C re d its to d ep osit accounts 1
_In exchangej fo r -F .R . n o tes
1
U.S.Governm
ent’ Member '
‘ A l l other
Other banks,
From
From U . S .
*
General
account1
banks
'
T
o
ta
l
1
r.'» S .
»
T o ta l
Government
44
277
100
133
kkk
6,732
1,732
5,000
121
84
36
1
136
136
1
3
2
1^7
1^7
26
93
67
5,031
5,000
31
4
2
2
131
131
2,212
2 ,212
1
150
150
—
37
7
30
1
63
63
2k
28
2S
15
12
3
51
51
22
22
S5
85
1SI
121
33
32
470
10,000
12,735
2,735
2, SI 7
151
353
2,313
C O H F T B E N T I A L
Not for publication
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapoli s
Kansas City
Dallas
San Francisco
Total for System
D I S B U R S E M E N T S
In exchange fo r F .R . notes
U .S .
i To U , S , '
To
1 Other banks,
Government
• Government 1 members 1in d iv id u a ls ,e t c . 1 T o ta l—
99
99
1,553
26
1,527
751
751
559
559
Boston
New York
Philadelphia
Cleveland
710
Richmond
2,279
Atlanta
231
Chicago
105
St, Louis
11
78
Minneapolis
108
Kansas City
44
Dallas
31
San Francisco
L
T o ta l for_System
JL
"71 fe
’
150
Excess receipts
4,209
Excess payments
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS; SEPTEMBER 22.
710
2.279
231
105
25
4i
10,000
St . 600
T o ta l
R e c e ip ts
277
7,297
139
240
5,035
2,3*6
188
64
67
73
85
214
16,022
I
> sit accounts
•
f
t
A l l o th e r ‘
Member
*
N, S.
banks ♦T o ta l *
20
20
98
7,127
7,127
150
12
12
200
—
6
6
48
4S
-
S3
log
44
3ft
67|5o_
1919*
_ J t ? I?.
_
4,544
-
53^
25
4i
7,279
5,456
-
20
84
7,95^
9,040
8,570
T o ta l
Disbursem ents
119
8,772
913
759
716
2,327
231
639
oQ
128
153
SaG27
________ 22,SJ9
(a ) 6,057
3,7^3
(a ) D iffe re n c e between t h is amount and n e t lo s s a s shown by w eekly statem ent
of .fi m Afv
du.e to la c k o f sy n c h ro n iza tio n of e n t r ie s effect in s t.ra:
g o w f
I
S t , 606
RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES
RATIO OF GOLD RESERVES TO F. R. NOTES IN ACTUAL CIRCULATION
AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF ALL
September 19, 1919
FEDERAL RESERVE BANKS.
d e n t i a l
Not for publication
Ratio of total reserves to
net deposit and F.R. note
liabilities combined
Sept. 12-- Sept. 19
Ratio of gold reserves to F.R, notes in
actual circulation after setting aside
35$ against net deposit liabilities
_______ Sept. 12--Sept* 19 ___________
Ratio of gold and
lawful money reserves
to net deposits
Sept,12-- Sept«-19
Ratio of gold reserves
to F. R„ notes in
actual circulation
Sept.12-- Sept* 19
51.6
45.3
60.3
49.5
69.9
53*6
42,1
42.0
Boston
New York
47*0
51.6
56.9
64.1
53*4
64.5
41.8
42.1
Philadelphia
40.7
40.4
1+3.5
1+3.0
40.5
39-3
40.9
40.9
Cleveland
59*6
59.8
72.9
7I+.2
60.5
60.3
59 .x
59‘ 5
Ri chmond
44.5
1+5.0
1+9.4
50.0
60.1
64.8
36.3
35.2
Atlanta
1+0.5
39-S
42.7
41. 7
40.4
38.4
4o.6
40.4
Chicago
62.6
69.1
78. 1+
85.8
46.9
60.5
71*5
73.4
St, Louis
Us. 3
4s »o
55*5
55*0
34.1
47*7
56.0
48.1
55.2
57.9
68.1
73*4
75.3
72.5
42.3
4s>o
Minneapolis
Kansas City
39. S
43.3
1+2.9
49.2
26.7
44.6
48.5
42.5
41.8
1+1.5
47-7
46.4
42-2
42.9
41.4
40.4
Dallas
51.4
48.7
5S.5
54.1
55.0
38,6
49-7
52>7
San Francisco
50.4
52.5
60.0
62.5
51.8
57-2
49. 6
49 *8
TOTAL
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
SEPTEMBER 23, 19*9
C O II F I D E N T I A L
wot for publication
RATIO OF "FLOAT" OF EACH FEDERAL RESERVE BAHK TO IMMEDIATELY AVAILABLE DEPOSITS.
(In thousands of dollars.)
Federal
Reserve
Bank
1
"FLOAT"
’ "Float" after adding net debit
t
i
* Ratio to ’ or deducting net credit in
Uncollected* Deferred 1
Saturday*s settlement
’ immediately'
r
items
1availabilityr
r Ratio to immediately
i
t
items
f Amount ' available 1
i
t
i
' deposits 1 Amount 1 available deposits
Per cent
Per cent
-
St.607
September 19, 1919*
1 "Float" after deducting National and F.R.
bank notes , also net investment in
*
transfers from second calculation
1
1
Ratio to immediately
1
available deposits
1 Amount 1
Per cent
15,267
13.0
65,761
10.0
5-9
6,660
5-9
9,200
6.1
8,368
5»5
9*5
(a) 5,865
-
(a)5,9Sl
-
11,179
19-6
5,525
9-7
4,782
8.4
87,755
32,876
13.1 '
3^387
13.7 ;
30,005
12.0
62,227
50,092
12,135
17*2
12,450
17.6
11,ISO
15.8
Minneapolis
19.392
16,586
2,806
4.9
3,258
5.7
2,272
4.0
Kansas City
86,s4i
61,016
25,825
28.0
25,480
27*7
10,467
11.4
Dallas
50,311
31,961
18,350
31.9
17,720
30.8
1^,931
26.0
. 54,488
24,777
29,711
26.6
26,384
23.6
17,798
... 15-2__
1,023,346
802,715
220,631
12.0
220,631
12.0
185,510
10.1
91,87s
57,212
34,666
29.5
15,671
13.4
230,714
205,535
21,779
3*1
69,761
10.0
Philadelphia
86,382
75*950
10,432
9.2
6, 66o
Cleveland
90,196
75,167
15,029
9-9
Richmond
86,093
80,250
5,843
Atlanta
44,193
33,014
Chicago
120,631
Sta Louis
Boston
Hew York
San Francisco
TOTAL
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AMD STATISTICS
SEPTEMBER 25, 3-919
.
. .
_ ...
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS.
C 0 I! F I D E II T I A L
Not f ear •pu'blication
Bank
(In thousands of dollars.)
UNCOLLECTED ITEMS
»
»Checks’National Bank’
1
*
1
1 and 1 notes and •
*
'
•Clearing ’ other 'bank notes of'Transfers' All other *
t house 1 cash 1
other
1 bought 'uncollected’
*Exchanges1items 1 F. R. banks '__________ '
i terns
1
Total
Sc^ouja
September 19,
DEFERRED AVAILABILITY
t
t
f
1
1
I
Gold
' Transfers • Government1
' transit 1
sold
Settlement 1
'
items '
Suspense *
1919
ITEMS
1
1
Other
1
transit 1 Total
items *
38,007
-
57,212
S6,567
91,272
19,205
-
12,133
1S5,63S
230,71^
116,055
-
-
92,880
208,935
5.593
2,116
7*3,673
86,322
24,301
-
6,675
44,974
75,95C
Cleveland
6, 32s
37
637
22,999
90,196
21,728
-
2,352
45,081
75,167
Richmond
3,353
151
116
22, 473
26,093
19,114
-
14,739
46,397
80,250
Atlanta
3,297
311
7^3
39,242
44,193
5,562
-
2,845
24,6C1
33,614
Chicago
11,186
4,881
26
32,943
Philadelphia
Boston
New York
4o4
195
422
^710
104,313
120,631
56,103
750
-
50,902
27,755
300
371
27,777
50,092
2,129
9,191
16,526
4-6,584
61,016
21,073
3 ' ,361
St. Louis
2,039
196
550
1,020
58,422
62,227
21,644
Minneapolis
2,054
16
30
956
16,336
19,392
5,266
-
Kansas City
1,922
507
-379
14,634
69,399
86,841
14,432
-
Dallas
1,112
ill
119
2,677
46,292
50,311
10,881
7
San Francisco
3,629
71
242
S,345
42,201
54.488
7.912
1
72,337
15,675
3,642
32,537
693,155
1,923,346
302^269
1,05s
TOTAL
FEDERAL RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
SEPTEMBER 24, 1919 .
-
-
....
1^39-6
______
74,520
15
424. S6S
802,/IS
FEDERAL RESERVE BOARD
GOLD
S E T T L E M E N T
FUND
Summary of tra n s a c tio n s f o r week ending Seytember 25, 1919* ( I n thousands o f d o lla r s )
B alan ce
^ggT^gate
Settlem ents from
Aggregate
F e d e ra l
la s t
Gold
Gold
w ith d ra w a ls d e p o sits &
September 25, 1919.
T R A N J3 F E R S
Reserve
de
statem ent
w ith
& t r a n s f e r s tr a n s f e r s
Bank o f
from
Net :■ T o ta l
Sep t. 18
draw als
p o s it s to /.g e n t's
1919
Fond
Agent’ s Fund
D e b its
C re d its
D e b its : D e b its
Bos ton
34,610
46,474
:
110,568
New York
201,160
20,000 10.000
20,000
10,000
16,800
565,566
147,953 184,400 :
P h ila d e lp h ia
35.483
7,630
22,838
:
146,018
9,500
7,630
14,541
C levelan d
49,185
:
111,954
35,779
539
539
Richmond
80
80
50,660
2^,000
: * 144,197
37,617
5
5
.A tlan ta
5,734
100
1,619
3,300
11,220
16,980
1,619
50,396
Chicago
80,741
228
16,095
228
54,623
:
188,216
61 ,533
15
S t. L o u is
14,3.86
509
2,900
4,509
5,000
7,900
1,839 :
115,348
4,593
26,659 ■ M inneapolis
15,000
15,915
:
31,475
10,627
ix&n s as Ci ty
19,630
10,278
110
44
110
kk
:
80,4-50
D a lla s
901
1
l
15,500
151
:
52,548
7,377
20,377
San F ra n c !se e
2,500
14,000
500
7,500
:
3S.U08
9 ,8 5 1
8,559
522,233
42,041
To fcal
[186,239 ; 1 ,6 3 4 ,7 4 4
61,920
23,390 23 , 0^1
305,375
305,375 <
Federal,
Reserve
Agent a t
Boston
New York
P h ila d e lp h ia
C le ve lan d
Richmond
}tt la n t a
Chicago
S t . L o u is
M inneapolis
Kansas C it y
D a lla s
San Francisco
T o ta l
F .3 D E I1 1 1 R E S E R V E
A G E N T S' F U N D
B alan ce
D ep so its
W ithdraw als
la s t
Gold
Gold
fo r
through
*To t a l
-- w ith d e p o sits t r a n s fe r s
statem ent
wi th t r a n s fe r s
Sept. 18.
draw als
to bank
from bank
araw als
A9.J-S_.__'__
50,000
90.000
~
57,889
5,000
9,500
5 ,oco
90,000
51.000
2.000
2,000
36,200
1,700
3,200
1.700
4,000
16,080
4,000
297,705
2,000
5,000
4,000
7,000
42,931
21,800
3,000
3,000
2,000
33,360
2,000
4 ,6 8 4
750
5,000
i4 io o o
14,000
_
3 4 ,2 4 4 _
19 ,.700
19*000
849*813
■ -iS a Q Q :_
To ted
d e p o sits
-
9,500
~
3,200
16,080
4,000
-
750
5,000
—
j.52Q__
Balan ce a t
c lo se of
b u sin e ss
Sep t. 25 , 1919
50,000
90,000
62,389
90,000
29,000
37,700
309,785
39.931
18,800
31,360
5,434
85,244
_S42L6 42 ____
X -l6 8 5
CONFIDENTIAL
Balance in
September 19 to
Fund a t
both in c lu s iv e
c lo se o f
b u sin e ss
T o ta l
:
Net
C re d its : C re d its .sept_*25,.1319__
43,232
16 5 ,6 6 4 : 55,096
381 , 166:
137,913
156 , 052: 10,034
35,350
152 ,40 4: 40,450
54,395
1 60 ,60 9: 16,412
28,444
52, 737 : . 2,341
12,154
82,452
2 12 ,70 4: 24,488
16,145
1 1 3 ,5 0 9 :
3 3 ,9 2 1 :
2,446
28,190
24,269
8 5 ,5 0 4 :
5,054
5,978
56, 926:
4,378
33,832
6 3 ,5 4 8 : 25,540
1 , 634, 744 : 186,239
502,354
Summary of changes in ownership
o f gold by banks through tra n s f e r s and se ttle m e n ts
Decrease
-
53,247
9,248
-
1,432
-
499
In cre a se
8,622
1,737
4,671
—
8,101
17,572
—
1,531
4 ,7 0 5
17,481
64,426
Gh1b2G
C O N F I D E N T I A L
Not for publication
Boston
New York
P h i 1 ade lp h i a
C le ve lan d
Richmond
Atlanta
Chicago
S t . L o u is
M inneapolis
Kansas C it y
D a lla s
San F ra n c is c o
.T o ta l_ fo r_ S fs te m _
Boston
New York
P h i lade lp h i a
C levelan d
Richmond
A t la n ta
Chicago
St* L o u is
M inneapolis
Kansas C it y
D a lla s
San F ra n c is c o
T o ta l fo r System
E xcess r e c e ip t s
E x ce ss payments
GOLD RECEIPTS AND DISBURSEMENTS OE EACH FEDERAL RES2BYE BANK DURING WEEK ENDING SEPTiJtBER 5, 1919.
st. 609
(F ig u re s do not in clud e f o ld re c e iv e d from or p a id to another F e d e ra l R eserve B a n k .)
( I n thousands of d o lla rs - .)
R E C E I P T S
C re d its t o deposit accounts 1
.
_________ In exchange fo r F .R * notes
T o ta l
' A l l other
U .S . Government' Member '
From U. S . 1 From
' Other banks,
*
R
e
c e ip ts
T
o
ta
l
1
N.
S
.
» G e n 'l. Account' banks 1
T o ta l
237
104
237
100
33
11,026
42o
10,470
470
10,000
130
59
71
213
212
212
1
1
263
201
201
62
29
33
45
44
44
1
1
£67
46
46
S21
821
29 b
248
32
248
16
10
6
49
%
49
53
22
22
36
36
37
37
37
1*3
24
159
159
24
2,23
202
202
21
21
45
s
11,690
13',
4
q 7'
,690
10,000
D I S B U R S
D e b its to d ep o sit a c c ounts T
In exchange fo r F , R* notes
T o ta l
U* S*
1 Member 1
T A l l o th er T
To U*S. “ 1 '
To
1 Other banks,
1
Government
1 banks. T T o ta l 1
N» S«_____
Government f Members 1in d iv id u a ls >e to . 1 T o ta l
V-Jo
—
32
32
27
b
27°
7
.
Axp
—
96
71,536 . 7,536
5; 2
—
213
339
339
t-q ^
—
—
*
40
553
553
K/9
270
9
9
270
1
,642
_
31
1,611
31
1,606
]4o
50
690
690
509
339
170
•
170
"US
46
43
119
4S
71
71
3 £9
49
49
91
49
49
1
,2
74
—
1,153
45
45
_J6
li.
13
.8
*3
2,030
7,702
7,702
~^151
4,143
3,9&s
10,000
247
173
( a ) 3S6
1 ,5 7 2
6,012
i,S02
3 , 22:
-
—
-
—
—
_2§L
FEDERAL RESERVE BOARD
,
"To ATD ST;'T'r o'?:: j S, SEPTEMBER 2b, I 9 I 9 .
(a ) D iffe re n c e between t h is amount and net g ain as shown oy w eekly statem ent
due to .la c k of sy n c h ro n iza tio n of e n t r ie s e ffe c t in g t r a n s f e r of fun. d s.
STATEMENT FOR THE PRESS
Released for publication
Smday morning, Sept. £8, 1919;
not earlier.
st* 612
Jtodorai Reserve Board
rrr^*
9 9*
CONDITION OF FEEERJJi RESERVE HAKES.
Substantial increases in tho holdings of discounted bills, largely Wax paper,
following tho allotment of the latest two series of tax cortificates, and correspondincreases in reserve and net deposits are indicated ty the Federal Reserve Board's
weekly bank statement issued as at close of business on September 26, 1919Holdings of War paper show an increase for the week of 188.6 millions, other
discounts on hand wont up ^7.8 millions, while acceptances on hand, because of the
greater demand in the open market, fell off 11*3 millions.
War paper holdings of
the Chicago and Minneapolis banks include 70»2 millions of pa^er discounted for
other Federal Reserve banks, vtfhile acceptance holdings of the Kansas City and San
Francisco banks are inclusive 6f 21.7 millions of acceptances bought frcm other F.R«
banks, as against 38*3 millions the week before*
Treasury certificates, largely as
the result of redemption by the Government of temporary Certificates, show a reduc
tion of 71*9 millions.
Government dsposits are shown l6«9 millions loss, and members
its about 80 millions largor than tho week before.
reserve depos
The "float" carried by tho Be
serve banks shows a decrease of U8.U millions, and other deposits, including foreign
government credits - a decrease of 11.2 millions.
There has also boen a further
transfer of 33*9 millions of gold from the continent to tho Bank of England vaults,
decreasing to that extent the total deductions from gross deposits and adding the
same amount to the banks1 gold reserves.
Aggregate gold reserves show an increase
of but 25*9 millions, and total cash reserves - an increase of
25*^ millions.
The week saw a further increase of 3^.1 millions in F. R. note circulation in
all districts, while the banks' total liabilities on F. S. banknotes in circular
tion increased 6.9 millions. -The banks' reserve ratio, because of the large in
crease in net deposits, shows a decline frcsui 52*5 to 51 PQr cent.
Released, fo r p u b lic a tio n Sunday morning September 28, I 919; not e a r l i e r .
St • 6l2a
STATEMENT OF COMBINED RESOURCES AND L IA B IL IT IE S OE THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS SEPTEMBER 26 , 1919 .
R E S O U R C E S
September 26, 1919
S ep t ember 19 , 19 19
September 27 ,1918
Gold c o in and c e r t i f ic a t e s
$ 239, 16s, 000
$ 230, 047,000
$ 370, 220,000
502, 506,000
Gold se ttle m e n t fund - F .R .B o a rd
512.080.000
^ 37,319,000
Gold w ith fo re ig n agencies
7 9 ,3 7 0 ,0 0 0
45,479 .000
5 .8 29,000
221.044.000
T o ta l g old h e ld by banks
787.606.000
S13, 36sTooo
1, 196,325,000
Gold w ith Federal- R eserve Agents
1, 208, 961,000
i , 161, 731'000
100.485.000
Gold redem ption fund
___ .95,399.000
.4,000
T o ta l g old re s e rv e s
$2, 117, 354,000
$ 2, 091, 966,000
2 .0 2 0 .8 1 3 .0 0 0
L e g a l tender n o te s , s i l v e r , e t c .
___ 69.651,000
7 0 ,0 9 1 .0 0 0
51. 363 ..000
T o ta l re s e rv e s
2 ,1 8 7 ,5 0 5 ,0 0 0
2 , 162, 057,000
2. 072. 176.000
1 ,5 7 2 ,5 0 3 ,0 0 0
. . .
, , (Secu red by Gov’ t.w a r o b lig a tio n s
1 , 383 , 896,000
1, £ 2 i , 553,000
B i l l s d iscounted (A U otheJ.
309, 779,000
26.1 , 935,000
49.1, 897,000
_ 3 4 2 .4 9 1 .0 0 0
B i l l s bought in open market
■ 353^ 317.000
___2S5r 391 ,000
T o ta l b i l l s on hand
2, 224,773,000
1 . 999. 698.000
2 ,0 0 1 , 821,000
U . S* Government bonds
27. 097.000
27 . 095.000
2 8 ,5 4 5 ,0 0 0
U# S* V ic t o r y n o tes
137,000
192,000
U* S . C e r t i f ic a t e s o f indebtedness
251. 021.000
322, 986,000
* 5 0 ,0 9 8 ,0 0 0
A l l other e arn in g a s s e ts
102.000
T o ta l e arn in g a s s e ts
2 .5 0 3 .0 3 3 .0 0 0
2. 349. 971.000
2. 080. 566.000
Bank prem ises
1 3 .1 4 6 .0 0 0
1 3 .1 4 6 .0 0 0
Gold in t r a n s it or in custody in fo re ig n co u n trie s
80,24 6 ,000
114 ,13 8,00 0
8 27 .40 4.00 0
U n c o lle c te d item s and other deductions from gross d ep o sits
907. 650.000
1 . 025. 122.000 1 , 139, 260,000
649 ,44 6,00 0
5fo Redemption fund a g a in st F* R . bank notes
11 . 503.000
11. 289.000
2* 447,000
A l l other re so u rce s
____ 8, 998,000
10. 886.000
12.353.000
5 . 631. 390.000
TOTAL RESOURCES
5 , 686, 609,000
4 ,8 1 7 ,4 9 5 ,0 0 0
L I A B I L I T I E S
C a p ita l p a id - in
85. 296.000
85, 203,000
78, 802,000
S u rp lu s
81.087.000
8 1 ,0 3 7 ,0 0 0
1 134.000
Government d e p o sits
61 , 276,000
7 8 ,1 3 4 ,0 0 0
191! 623.000
Due to members - Reserve account
1 , 731 , 413,000
1 ,6 5 1 ,4 2 6 ,0 0 0
1 ,5 3 5 , 490.000
D e fe rred a v a i l a b i l i t y item s
653, 321,000
80 2 .7 1 5 .0 0 0
485, 059.000
Other d e p o sits, in c lu d in g fo re ig n government c r e d it s
- 95 . 654.000
106 .89 9.00 0
i o 4. 385 . OCX)
T o ta l g ro ss d e p o sits
2 .5 4 1 .7 2 4 .0 0 0
2,316; 55f ,000
2 .6 3 9 .1 7 4 .0 0 0
F . R* notes in a c tu a l c ir c u la t io n
2. 655. 354.000
2. 621. 258.000
2, 349 , 326,000
F , R . bank no tes, in c ir c u la t io n — n e t l i a b i l i t y
239, 451,000
232,59^ ,000
3 5, 819 ,000
A l l other l i a b i l i t i e s
2 3 .9 7 8 .0 0 0
2
7
.2
8
8
,0
0
0
_____________ _____
____3 5 ,8 5 7 .0 00
5 .6 3 1 .8 9 0 .0 0 0
TOTAL L IA B IL IT IE S
5, 636, 609,000
4 , 817, 455,000
R a tio o f t o t a l re s e rv e s to n et d ep o sit and F* R„ note
51-0 fo
l i a b i l i t i e s combined
* In clu d e s one-year
52*5 f°
51.6 %
R a tio of gold re s e rv e s to F*R„ no tes in c ir c u la t io n
T re a su ry n o te s .
62»5 fo
60 .3 $
63 -Ur $
* for
q ft
e r s e ttin g asid e 351° a g a in st n e t d ep o sit l i a b i l i t i e s
Digitized
FRASER
Released for publication Sunday morning, September 23, 1919; not earlier.
^
WEEKLY STATEMENT OF RESOURCES AND L IA B IL IT IE S OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS SEPTEMBER 2b, I 919 .
S t.b l2 b
RESOURCES
M
Boston New York Phila. Clevel. Richm- Atlanta Chicago St.Louis.Minn, Kans.Cy. Dallas San Fran. Total
Gold coin and certificates
6,566 157,733
819 10,271
2 ,3 ^
7,842 2 3 ,9 ^ ! 3 , ^ 2
8,319
257
6,879 10,7^2 ^ 239,l6S
Gold settlement fund - F.R. Board
43,584
139,419 36,000 59,7^1 28,191
6,893 76,352 \17,925 27,973 24,220 5,210 36,998 \502,506
Gold with foreign agencies
5.794___ ^ ,129
6.350
6 ,508
3,889
2,857
9 ,445 \5.730
2,143
3,810
2,064
3,651 \79.57Q
Total gold held by banks
55,9^"
326,281 43,169 76,520 34,424 17,592 109, 71^ 35 ,137 38,435 28,287 14,153 51,391
8317045
Gold with Federal Reserve Agents
67,965 288,849 75,889 137,68b 30,7§3 ^3,157 318,957 ^,436 3 5 ,^ 5 3^,5?6 l6,S31 99.751 1 , 196,325
Gold redemption fund
...i.j.jyy.
__ .............±y.,ty1^.. ....
640,130 129,732 214,671 73,153 65,989 443,185 76,415 77,038 68,429 35,099 151,927 2 , 117 , S54
142,086
Total gold reserves
48
390
174
36s 1.210 . 1,095.. 6.102
Legal tender notes, silver, etc.
6.478
50,772 ...... 275
912
1.827
b9,651
148,564
690,902 130,007 215,583 73,521 67,199 U44 , 2S0 82,517 77,086 68,819 36,926 152,101 2, 187,505
Total reserves
Bills discounted:
Secured by Government war
obligations (a)
617,837 180,151 111,635 72,097 71,308 172,1455 6o,lsi 34,586 44,485 32,030 51,887 1,572,503
123,851
8,272 43,686 23,672 19,244 309,779
9,451
All other
47,707 21,705 18,475 20,191 26,928 46,091 24,357
Bills bought in open market (b)
76.401 .... 735 40,510
5,100 42.771 11,077 19.622 15,346
507 . SlJi30_ 34-2,491
6.329
42,963
Total bills on hand
741,945 202,591 170,620 98,517 103,336 261,317 95,615 62,480 103,517 56, 209 152,261 2,224,773
176,265
U. S. Government bonds
1,094
4,477
116
8,8 67 3,966
27,097
1,234
2,633
1,385
37b
1,153
1,257
539
U. S . Victory notes
50
73
137
5
9
U. S . Certificates of indebtedness
251.081
21,436.. 63,509 28.182 24,778. 10,060 13,464 37.827_ 17.068
8.222 11 . 1 d2 7.200 2,17.3
Total earning assets
198,249 sob, 761 232, 15 s 196,492 :109,911 117,181 303,621 113,836 70,891 123 , 5^6 67,375 163,067 2, 503,088
340
Bank premises
691
400
13,146
444
475
402
2,089
500
2,936
875
3 ,33^
Gold in transit or in custody in
foreign countries
80,2^6
80,246
Uncollected items and other
deductions from gross deposits
66,309 198,028 72,770
69,936 68,083 35,211 95,931 52,156 . 18,53c; 70,693 3 7 ,5 ^ 42,206 827,404
5$ Redemption fund against F.R.
525
624
290
892
428
1,072
11,503
1,132
253
2,705
1,350
bank notes
657
1,575
901
8,998
662
136
1,431
550
276
531
All other resources
2,385
525
559
387
655
TOTAL RESOURCES
(a) Includes bills discounted
for other
banks,viz.
(b) Includes cankers1 acceptances
bought from other 3T.R*banks:
Without their endorsement
^l6,559
1 , 785,021 437,310 484,680 253,047 221,110 849,774 250, 37*+ 166,939 264,911 142,965 359,200 5 , 631,890
-
-
-
-
-
-
60,195
~
10,000
-
J2$
7°A95
-
16,977
}1>JG2
R elease d fo r p u b lic a t io n Sunday morning September 28, 1919* not e a r l i e r ,
WEEKLY STATEMENT OF RESOURCES AND L IA B IL IT IE S OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS SEPTEMBER 26,.
( I n thousands of d o l la r s .)
L I A B I L I T I E s
Boston New York P h i l a . C le v e l» Richnu A t la n t a Chicago S t .L o u is M inn. K a n s .C y .
4,010 3,033
22,060 7,757 ' 9,373
C a p ita l p a id - in
3 ,9 0 4
4,312 3,323 12.024
7,034
S u rp lu s
2,320
5,260
3,800
32,922
.2,
S
05
9
,7
1
0
5,207
5,311
2,529
3,957
Government d e p o sits
276
5,672
3,12b
14,844
1,418
4 ,716
4.359
3,553 12,042
4,579
D.ie to members - re s e rv e account 102,638
692,699 107,149 125,633 57,636 42,435 21)8, 749 62, 76s 5^,337 £5,653
D e fe rred a v a i l a b i l i t y item s
155,530 65,915 60,362 57,411 30 ,3 7 2 72,030 4 3 ,lo 7 12,75^ 49, 4 i l
53 >857
A l l other d e p o sits in c lu d in g
fo re ig n government c r e d it s
6,261 3,741
.5x165
___ .6,354,
2,795 10,516
2,313
3,739
3,75^
41
T o ta l g ross d e p o sits
F .R .n o te s in a c tu a l c ir c u la t io n
F .R .b a n k notes in 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
TOTAL L IA B IL IT IE S
172,976
914,322 183,171 £04,310 119,064
207,229
753,135 212,579 242,220 115,100 121,012 450,042 113,392
21,256
2,257
52,557
9,925
26,272
2,220
20,781
9,442
1:323
2.076
79,961 336,967 112,260
12 J U 9 37,686
1, SCO
3,279
16,379
l,l4 4
1915 *
D a lla s San F r a n . T o ta l
5,025
3,321
25,296
2,029
21.087
4,377
4 ,0 9 2
6.1 ,276
2,533
4 4 ,lcO 95,506 1 ,7 3 1 ,4 1 3
26,776 21,790
653,321
2,085
6 ,8 2 2
9 5 ,6 5 4
70,372 143,397
75; 554 122,210 2,, 541 ,7 2 4
22,399
95,262
51,992 210,326 2 , 655,354
7,496
16,224
819
1,5^7
5 .093
971
8,865
2,197
239f451
28,972
416,559 1 , 725,021 437,310 484,680 253,047 221,110 249,774 250,374 166,939 264,911 142,965 359,200 5 , 631,290
Contingent l i a b i l i t y as endorser on Discounted paper re d isco u n te d
w ith other F . R . banks
-
-
18,295
-
25,000
2,900
-
-
-
—
12,000
-
70.195
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION.
F, R. notes outstanding
F. R . notes h a l l by bank
221,1+52
241,475 227,397 252,013 120,428 124,277 477,732 132,560
-13,_6-&-- 2 2 ^ 4 Q _ l M l g , .9,733.....5*12$
27,684
F .R .n o te s in a c tu a l c ir c u la t io n 207,829
84,371 102,253
1 . 9 .JZ
6,9 < l\
753,135 212,579 242,220 115,100 121,012 450,042 113,392 22,399
9 5 ,2 6 2
5 4 ,3 8 6 236,915 2 ,8 7 5 ,2 5 9
.2,3.94 . 26,539
^19,905
5 1 ,992 210,32o 2, 655,354
DISTRIBUTION OF B IL L S AMD U .S . CERTIFICATES OF INDEBTEDNESS BY M ATURITIES.
W ith in 15 days
B i l l s discounted
s bought in open m arket
U^S.eor+.’ f i c a t e s o f indebtedness
16 to 30 days
31 to 60 days
6l to 90 days
68,562
Over 90 days
1 ,5 3 2 ,0 5 2
108}4 l4
120,123
154,912
25.922
112,931
34,371
6,555
793
23,605
10,000
12,500
25,537
179,439
T o ta l
1 ,2 8 2 ,2 2 2
3 42 ,49 1
251*081
, ....
,.
Ee le a se d fo r p u b lic a tio n Sunday morning September 28, 1919; not s a r i x e r .
S t .b l2 a
STATEMENT 0? FEDERAL RESERVE AGHWS' ACCOUSTS AT CLOSE OF BUSINESS SEPTEMBER 26, 1919.
( I n thousands of d o lla r s *)
Boston
FEDEEAL RESERVE NOTES:
Eeceived from Comptroller
Eeturned to C om ptro ller
Chargeable to F .R .A g e n t
New Y o rk
P h i l a . C le v e l.
Eichnu A t la n t a Chicago S t .L o u is M inn. K a n s .C y . D a lla s San F ra n .
T o ta l
U15.S00 1, 782,760 456,780 Ul7, 9SO 252,640 253,000 732,880 244,160 l 4 l , 880 181,720 111,240 337,160 5, 328,COO
151,44 8
810,285 202.603 137, 7^7 107,00^
264,352
U2,900
69,727
9^>° ^ .210_^0,83j
972, 1+75 254, 177 280,233 1^5,636 179,676 51^,972 153,590
97,151 111,993
69,811 243,115 3 , 287,181
131,000
12,780
15,^25
26,780
28,220
25,208
73,324 217,908
55,399
37,24c
90,570
21,030
^ , 729
9, 7^0
6»200
411,922
In hands of F« E . Agent
Issu e d to F«R« bank le s s
amount re tu rn e d to F . E .
Agent fo r redemption
221,452
COLLATEEAL SECURITY FOE
OUTSTANDING NOTES:
Gold coin arid c e r t i f i c a t e s
on hand
132, 560
8*u,U75 227,397 252,013 120, 1+28 124,277 *+77,732
183, 7 U0
17,965
15,109
13 ,500
12,561
Gold Settlem en t Fund - F . E . :
Board
50,000
90,000
62,389
90,000
E l i g ib le p a p e r, . minimum
re q u ire d
T o ta l
AMOUNT OF E L IG IB L E PAPEE
BELIVEEED TO F . E . AGENT
54,386 236,915 2 ,8 7 5 ,2 5 9
247,248
8,831
l+,000
13,052
9 ,1 7 2
2,505
3,593
3 ,2 3 6
29,000 38,200 309,785
39,931
18,800
31,360
89,665
86, 12I+ 48 ,9 2 6
67,657
37,555 137,164 1,678,93!+
2,500
35,125
Gold redemption fund
8i+,37i 102,253
1,763
2, 1+57
14 ,506
99,933
4 , 1+31+ 85,245
849,141+
3 ,5 6 6
153,^87
552,626 151 , 50s 11*+,327
221, 1+52
8^1 , 1+75 227,397 252,013 120,428 124,277 *+77,732 132,560
84,371 102,253
5^,386 236,915 2, 875*259
176,265
741,482 153,784 169,543
57,880 103,517
56,209 l4 o , 277 2 ,1 3 ’v,553
95,796
81,120 158,77 5
82, 939261,276
95,535
" ~
STAxiSaENT FOE THE P IG SS,
Belsasod for publication
„
..
p,
4. on miQ.
Monday morning, Sept. 29, IS1?*
not earlior.
CONDITION OF MEMBER BJOS.
.
*3J'■
* £Tv
Federal Kssei /o rfoard
c + o- -me
’ "v ’
Payment of incoma and excess profit taxes due on September 15 a d Government
loan operations, including both the redemption and issue of tax certificates, are reflooted largely through changes in the deposit account in the Federal Eeserve Boards
statement of condition on September 19 of 77^ member t*®5™ in load^s cities.
Treasury certificates on hand show an increase for the week of about 13 million*
as against an increase in lito holdings of 117-3 millions reported V
banks in Hew York Oily.
United States bonds and Victory notes on hand declined S-5
millions, while loans secured *
of 33.1 millions,
the member
United States War obligations show a total increase
loans secured *
stocks and bonds show a further increase of 11-9
millions, larger increases being shown for the banks outside Hew York and the other
Federal Reserve bank cities.
Other loans and investments went up 102.S millions,
the increase for the Hew York City banks being 55*5 millions.
Aggregate holdings of U. S. War securities and War paper increased frcm 3,365-9
to 3.H 02-9 millions and, Just as the week before, constitute 2 2 .2 per cent of the
total investments of all reporting banks.
lor the How York City banks, booau„e of
their large investment in certificates, this ratio shows a rise fro. 2 3
per cent.
Following the collection of the September 15 tax installment Government
deposits show an increase of 265-5 millions, while other demand deposits show a de
cline of 261.2 millions.
For the Hew York City banks an increase of 237-3 millions
in Goverment deposits, as against a reduction of 57-8 millions in other demand
d e p o s i t s ,is n o t e d .
Reserve balances fell off 135-5 millions, while cash in vault declined about
11 millions.
A c c o m o d a t io n
collateral notes and
ty tte
customers-
decrease of about 93 millions#
T.
S. banlcs, as measured
by
the aggregate of
paper discounted for reporting banks, shows a net
Released, for publication Monday morning, September
29, 1919; not earlier.
s t . 613a
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BANKS IN LEADING CITIES.
1.
( In thousands of dollars.)
Comparative _data for all reporting .banks...........
September
Number of reporting banks
19, 1919
774
September 12, 1919
774
June 20,
1919
771
March 21, 191'
772
U. S. bonds to secure circulation
270,315
269,551
268,540
267,081
Other U.S. bonds including Liberty bonds
623,706
632,065
638,781
665,441
311,844
312,628
388,738
1,124,859
1 , 111,850
x.040,664
2,022.018
2,330,724
2, 326,094
2, 336,723
2,934. 5*40
Loans secured by U.S. bonds, etc.
1,342,48.2
1 , 309,370
1 , 411,950
1 , 123,551
Loans secured by stocks and bonds other than U.S. securities
3,024,412
3 , 012, 5 2 3 )
8 ,bOO ,147
8, 497,269 )
10,738,113
All other loans and investments
10, 233,563
Reserve balances with F.R. bank
1 , 247,950
1,383,481
1 , 262,989
i , p36,335
357,472
368,649
358,588
347,755
10,959,765
11 , 220,961
10,321,405
10,058.842
1 , 969,457
1 ,928,472
1,736,134
1,0/4,992
Government deposits
770,805
505,296
823,236
Bills payable with Federal Reserve bank
923,494
1,037,148
1 , 062,494
1 , 131,300
Bills rediscounted with Federal Reserve bank
332,975
312,449
300,522
£93,717
22.2
22.2
24.0
26.6
U. S. Victory notes
U. S. Certificates of Indebtedness
Total U. S. securities
)
Cash in vault
Net demand deposits
Time deposits
Ratio dfcf U..3, war securities tod war paper to total loans
ar.i invortments, per cent
-
630,045 -
S t . 613b
Released for publication Monday morning September 29, 1919; not earlier.
T,Amr<5 tm tttadtmp PTTTT?q
STATFMFINT
SHOWING
PRINCIPAL
RESOURCE
AND
LIABILITY
IT
M
S
OF
MEMBER
BANKS
IN
LEADING
ClTI
S.
FLTiLM1 QIlUVViiMU iiUXNUXiJAJJ
^ —---TmO
(In thousands of do llars.)
banks in _each district, _as at close of business Se^^m ber ^gj,
2. Data for all r<
Minn. Kans.Cy Dallas San Fran, Total
Richm,
Atlanta
Chicago
St.Louis
Boston -- -- 774
56
100
35
35
76
43
46
110
56
88
32
47
No. reporting banks
270,315
34,605
20,702
11,15k
7
,1
2
0
14,4
67
19
,10
3
l4,6o s
1+8,1463
1 1 ,5 9 7 41,801
25,321 14,8 74
U. S.bonds to secure circulation
6 2 3,70 6
48,235 15 »i£9 10 ,9 52 22,687 20,253 42,2 91
1 7 ,1 2 5 258,563 3 2 ,1 6 1 61,43*4 3^,799 22,0*47
Other U .S . incl. Liberty bonds
3 1 1 ,3 4 4
12,638
1
0
^
2
1
4
9,316
10
,32
5,9
3
3
11,873
5
,1
^
5
9,443 126,915 16,510 35,S37 1 5 ,1 1 5 12,79s
U . S. Victory notes
J L I 9 ^ 9 6 _ 2 X J L 9 ^ — 2 5 ^ 5 5 - - 3 ^ 9 a 3 _ 3 V 5 4 5 _ _ - ------- _ ------ . - _ r
56q .l 4 2 64.936 7 g-5 l 6 22.851 5 1,5 8 8
U .S.certificates of indebtedness 4 7.812
..........
238,149
69
,232
49,260 79,930 79, , 045\ 141,685
2 , 3 3 0 ,7 2 4
88,994 1 , 033,083 125,26 4 217,588 100,5S6\107 , 30?\
Total U. S. securities
64,363
746,896
156
,54
3
1
1
0
,3
0
4
4
1
,
8
5
5
1
2
7
,9
9
4
1
1
03,389
28,209
1
3
,4
1
1
1
9
,5
6
3
b
,
906
22,749
1
,3 4 2 ,4 8 2
Loans secured by U.S.bonds, etc.
194,889
1
,
435,699
204,958
3
0
1,72
8
106,219
I
47,026
j
3
5
1
,4
3
5
1
3
5
,9
5
8
34,2
91
73,469
3
1
,
9
3
6
1
0
6
,7
5
4
3
,0 2 4 ,4 1 2
Loans secured, by stocks & bonds
615,205
3
,
133,9
8
1
4
78
,2
33
779,009
3
1
2
,
787
/
3
0
0
,
3
3
5
/
1
,
210,882
280,071
255,296
4
4
2
,7
7
7
1
7
0
,
322
/
616,199
8
, 60 0 ,14 7
A ll other loans & investments
70 ,39 2
5 9 4 ,1 4 2
69,259 83,650 35,820 3 1 ,8 7 °
162,306 4 0 ,7 9 5 25 , 45 s 49,979 1 9 ,9 9 ? 6 4 ,2 76 1 ,2 4 7 ,9 5 0
Reserve balances with F.R.bank
Cash in vault
Net demand deposits
Time deposits
Government deposits
B ills
U I S payable
payable with
with F
P.B.
bank
B
.R . bank
Bills rediscounted, with F .R .b a *
37
23,855
122,10 7 1 7 ,4 9 7 32,954 1 6 ,1 3 2 1 3,1 2 6
06,935
9 ,7 3 4
8 ,39 1 14,900
9,8 88 21,959
3 5 7 .4 7 8
7 3 2 ,1 7 3 5 , 102,379 6 5 7,9 5 2 800,802 3 34 , o4l 26 6,737 1 , 303*463 320,726 268,572 4 5 4 ,5 33 189,0 52 528,685 1 0 , 9 5 9 ,76 5
110 ,35 4
3 9 1 ,33 1 22,196 298,240 93,365 116,899
452,264 101,603 57,6 6 1 81,8 0 7 3 0 ,9 3 2 2 12 ,75 5
1 , 90 9 ,4 5 7
61,462
4 4 3 ,2 4 0
60,052 5 5 ,7 4 3 15 ,76 3 15,789
58,528 1 4 ,2 7 7 n , 9 9 9 1 0 ,0 0 4 1 9 ,0 3 3
4 ,865
7 7 0 ,8 0 5
fM te
61,589
3>*6,365 lte.Vto 8S,te3 52,
' 6l,lU f
li>*,527 27J 572__15,i20..l?J 639..j6JJp5_
< % & } 30,9^1
2
L
9
if, 990
S
f a , 499 1 7 , 6 a
3 6 ,g 6
6
-— 10^839
ConmaratIve_ data_ f or "banks in~Federal Reserve bank and branch cities and all other reporting bants.
......
New York
Chicago
All F.R.bank cities
F„R. branch cities
Sept.19-- Sept.12 Sept. 19 — -Sept-12 Sept.19--~-Sept.12 Sept .19 --- Sept.12
No. reporting banks
70
70
38,766
U .S . bonds to secure circulation
38,363
260,869
Other U.S.bonds including Liberty bonds
257 ,443
1 0 6 ,9 0 4
108,092
U. S. Victory notes
424.327
U . S. certificates of indebtedness
54 1,59 0
945,896
830,463
Total U. S, securities
705,941
662,922
Loans secured by U. S. bonds, etc.
1 , 30 0 ,4 71 1 , 291,036
■Loans secured by stocks and bonds
2 ,7 9 4 ,9 2 8 2,739,423
A ll other loans and investments
561,807
663 , 05 s
Reserve balances with F. R. bank
109,081
111,425
Cash in vault
4
,6
7
0
,5
3
8
4
,7
2 3 ,3 6 9
Net demand deposits
310
,38
5
274,895
Time deposits
4 33,8 76
196,605
Government deposits
234,050
4 0 7,374
B ills payable with F. R. bank
112 ,16 3
B ills rediscounted with F. R. bank
9 7,8 77
Ratio of U. S. war securities and war paper
284
to |otal loans and investments, per cent
26.3
44
1,438
15,865
|3.35?
6b , 576
1 0 7 , 23s
44
1 ,438
16,094
23,691
96,282
1 37,5 0 5
260
260
1 0 3 ,4 3 2
104,015
365,300
369,606
1 77,8 16
176,57?
3 1 5 .4 7 4
7 2 7 ,7 4 4
1 , 462]605 1 , 3 7 7 ,3 6 1
77 512
73 353 1 , 088,911 1 , 050,962
273 ’, 51 s 272 , 80s 2 .,255,647 2 , 262,071
657,479 6 35,0 31 5 ,^37,171 5 ,3 5 7 ,780
312,758 1 , 0 3 7,72 5
107,937
12 2 , b90
209,285
214,245
38,345
38,739
, 205,436 7 ,9 7 7 , 3 a
860,895 902,202
333,030
169,278 169,309
369.192
640,132
' 36,504
33,404
725,015
40,067
6 13,731
32,387
22^,790
228,771
1 5,0 5 2
12,155
8 7 5 , 0 0 5
1 6 .4
1 8 .7
£3.9
23.1
172
63,129
116,049
63,119
118,359
71,411
178,105
7 0 ,3 4 3
2 2 0 ,5 3 2
172
9 2 3 .^ 4
35e»2I5
reporting banks
Sept .1 9 -- S e p t .12
34 2
342
10
3,0 0 0
103,171
1
4
4 j100
142,357
6 2 ,6 17
131,230
6
5
, 2
0
6
163,574
428,694
472, 353”
^ 39,4 25
475 880
1 3 4 ,1 1 2
134,345
119,459
3 75 ,0 8 0
3 72 ,1 4 5
3 9 3 , 6 S5
1 ,5 3 9 ,1 1 5 1 , 50 S , 92 o 1 , 6 ^3 ,8 6 1 1 . ^ 0 ,5 6 3
1 5 9 ,6 1 1
16 s , 229
1 7 5 ,5 8 1
177,527
62 ,19 4
62,688
85,999
9 1 ,Ji6
1 , 6 76 ,9 6 1 1 , 71 0 ,6 9 1
1 , 4 7 7 , 36.8
532,949
522,607
5 2 3,931
5 7 1 ,4 6 1
571,135
6 4 ,6 2 2
7 1 ,4 8 2
77 , 264
53,359
1 4 8 ,4 6 7
153,475
1 5 8 , 65 s
161,296
4 8 ,4 0 j
59,561
4 4,6 43
3 9 , 25U
2 0 .2
21.9 '
1 7 .7
1 9 ,0
C 0 N F I DENT I A L
Not for publication
RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES;
RATIO OF GOLD RESERVES TO F* R. NOTES IN ACTUAL CIRCULATION,
AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF ALL
FEDERAL RESERVE BANKS.
Ratio of total reserves to
net deposit and F. R. note
liabilities combined
Sept. 19-- Sept .26
Ratio of gold reserves to F*R.notes in
actual circulation after setting aside
35$ against net deposit liabilities
Sept. 19-- Sept. 26
St*
September 2b,
615
1919
Ratio of gold reserves
Ratio of gold and
to F-R.notes in
lawful money reserves
actual
circulation
to net deposits
Sept.19--Sept. 26
Sept. 19-- Sept. 26
Boston
45.3
k j.2
49.5
53-5
53-6
52-5
42.0
4 l ,4
New York
51-6
*49*7
64.1
62.2
64.5
59-3
42vl
41.7
Philadelphia
40.4
H0.3
43.0
43.0
39-3
39-4
40*9
40.7
Cleveland
59. a
57-2
74.2
69.6
60.3
37-6
59-5
57 '0
Richmond
45.0
44*3
50.0
4 8 .4
64.8
68.2
35-2
33-6
Atlanta
39 -s
Uo-5
41-7
42.6
3 8.4
42-0
4o.4
4o.o
Chicago
69.1
64.3
85.8
80.0
60.5
46.0
7 3.4
74.1
S t . Louis
48,0
47.4
55-0
54.0
47-7
51.5
48.1
45.2
Minneapolis
57.9
57-2
73*4
71-3
72*5
73‘ 5
48.0
46.9
Kansas City
43.3
4l.0
49.2
45-5
44,6
39-4
42.5
42.1
Dallas
41.5
4l.O
46.4
45. 4.
42.9
42.0
4o«4
40.3
San Francisco
48.7
51.3
58 .0
38.6
60.0
52J_
47-8
52-5
51.0
60.8
57-2:
54.5
49.8
4 8.8
Federal Reserve Board
Division of Reports and Statistics
September 29 » 19^9
L? j
OJ
VjO ]
!
1
I
1
1
1
»
1
1
1
1
1
!
TOTAL
........... . ........54.1 _ _
@FedFRASER