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Released for publication Sunday morning April 2, 1916. Not earlier. 600. STATEMENT FOR THE PRESS. April 1, 1916 * The Federal Reserve Board made public today its weekly bank statement as at close of business on March J>1, 1916 - The state ment indicates decreases of 6<9 millions in the combined gold re serves and of 9*1 millions in the total cash reserves of the banks, largely the result of substantial net withdrawals of bank deposits from the Boston and New York banks. Chicago reports a decrease of over 1 million in its total reserve accompanied by increases of 3*2 millions in the amount due from other Federal reserve banks, and of 2.1 millions in total deposits. The Cleveland bank reports a de crease of 1*3 millions in deposits* Its reserve shows but a slight decrease, while the amount of its investments decreased almost 1 million dollars during the week. There is but little change shown in the amount of rediscounts on hand, the banks more active in the rediscount business reporting about the same amounts of discounts held as the week before. Bills bought show an increase of about 1-2 millions, New York alone re porting an increase of about 0-5 million under this head. Over 30 per cent of the paper on hand matures within 30 days, and almost 35 per cent after but within 60 days. The holdings of United States bonds show but little change, as the $9^000,000 limitation upon the amount of bonds securing National Bank currency, which National banks might withdraw during any one month, was reached on March 16, and prevented further release of bonds through deposits with the Treasurer of the United States. The aggregate of municipal warrants increased less than 0 .4 million, though the New York bank’s holdings of this class of securities show a gain of over 1.6 millions. Of the total earning assets of about 135 millions, acceptances constitute at present the largest share, v iz ., 29-9 Per cent., followed closely by United States bonds, 29<8 per cent, while warrants are 24 .5 per cent, and rediscounts 15*8 per cent of the total* The ratio of total earning assets to paid-in capital has increased to 246 per cent from 152 per cent, shown at the beginning of the year. Government deposits show an increase during the week of 3 *^ millions. Bank deposits declined 8.8 millions, net withdrawals being largest in Boston and New York where cash requirements for quarterly pay ments are heaviest. The amount of Federal reserve bank notes in circulation, $964,000, shows a decrease for the week of almost 100 thousand dollars. Federal Reserve Agents report a total of I 9O .2 millions net of Federal reserve notes outstanding, or about 0*7 million less than the week before. Against this total they hold 179*3 millions in gold and 11.2 millions of paper. The banks 5 outstanding circula tion is given as 163 millions, with net liabilities thereon of 8.9 million dollars. Fit/leased for publication Sunday Morning April 2 , 1916. Not earlier. J^2^c.T*n?cc STATEMENT OF COMBINED RES0U11CES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS OF THEUNITED STATES AT CLOSE OF BUSINESS R E S O U R C E S Gcld coin and certificates in vault .......................................... Go)d. settlement fund................................... ................................... Gold redemption fund with United States Treasurer.................. Total gold reserve.................................................................. Legal tender notes, silver, etc.......................................... * • • • • Total reserve.............. ...................................... .................... March 31, 1916. $258,052,000 75,640,000 ..... 1^ 3,320. 335,240,000 9.918.000 "^ 1 7 ^ 0 0 0 Bills discounted and "bought: Maturities: Within 10 daya......................................................... 7 ' 126' ° “ From 11 to 30 days................................................. 11,721,000 " 31 to 60 days................................................ 21,409,000 » 61 to 90 d a y s . .. . .......................................... 19,453,000 Over 90 days.......................................... ........l,qb6,000 T o t a l........... -.......................................................................... 61, 675,000 Investments : United States Bonds................................................ 40,275,000 ' • Municipal Warrants.................................................._ _ l l lO W lO00 Total earning a s s e t s ........................................................... 13k, 9^5,000 ± Federal reserve notes - Net......... ....................25 *^ 1^000 Due isos? Federal reserve “banks — Net............................. . 13,128,000 All other resources......................................................................... ..... 4,325*002. t o t a l resources....................................................................... $523, 364,000 L I A B I L I T I E S . Capital paid in ................................................ Government deposits........................................ Reserve deposits — Net............................... . federal reserve notes - Net.......................... Federal reserve bank notes in circulation. All other lia bilitie s..................................... TOTAL LIABILITIES................................... Gold reserve against net deposit and note liabilities (A) Cash reserve against net deposit and note liabilities (A) Cash reserve against net deposit liabilities after setting aside 40$ gold reserve against aggregate net liabilities on Federal reserve notes in circulation (A ).......................... (A) Less items in transit, between F« R. banks, viz. (a) Amended figures. 54 . 888.000 38. 469.000 419,987,000 8, 903,000 964.000 153.000 $523,364,OOQ marpw xi 1916 MARCH 31 , xyxo. March 24, 1916December 30, 1915* October 1, 1915- Apri 1^ ; 1^5260,266,000 266,546,000 ^ I ^ I n 'o o o ^ 6 3 0 ,0 0 0 77,293,000 I'pnp'nnn ' 949,000 ±*5 1 ^ 9 9 9 . 1 t i p *.990. ' ° p ,Q 176 000 342,124,000 344,963,000 281, 656,000 239,gb,OwO . 12,223 ,0.00 13,5.25 , 000 ,l6>493,Qgg 354,347,000 358,488,000 300,149,000 264,803,000 ‘ ,1 'S I 'S S 10,926,000 21, 106,000 18,635,000 2j0 2 ^ 0 0 0 60, 550,000 (a) 40,134,000 , 32,66,9, 000. (a) 133,403,000 24^849^000 12,628,000 ( a)...ihiZl^QO 529, 998,000 54 . 910.000 35.088.000 423,816,000 9.977.000 1 . 053.000 154,000 529,998,000 14,278,000 16,859,000 13,696,000 — ^ 0 8 1 ,0 0 0 55,381,000 15,797,000 -12,220,000 83, 398,000 21 ^910.,000 20,767,000 6 ,5 ^ , 0 0 0 491, 110,000 54.915.000 15 . 101.000 400,012,000 13,486,000 »* • * » * « * « 7,596,000 491 , 110,000 , 1l j £ 1 2 ,26 7 ,0 .0 15, 790,000 9,606,000 .... ^ > ^ 2 /0 0 0 44,880,000 27*381,000 15 >37^>00 11,194,000 5,326,000 411, 637,000 , 10<°75.°°= { 15,244,000 ) 8,359,000 1 i H ^ 'n n n 15,561/292 ^ f a l 'n n n v' ^ ^ 10,289,000 2,309,0.02 339, 674,000 54. 728.000 15 , 000,000 36, 123,000 324,884,000 14 . 359.000 293, 954,000 2 , 666,000 4 11 , 637,000 9,597,000 339,674,000 81.6$ 76 *0$ .74.2$ 76*8$ 84.6$ 87*9$ 82. 7$ 87 . 5$ 90. 3$ 76.7$ 77*6$ 89 >6$ 89.6 $ 92.0 $ 73*8$ $13, 128,000 12, 628,000 20, 767,000 11,194,000 10, 289,000 60C R&l6aSVJEEKLY STATEffiNT°OF^RESOURCESnAND LIABILITIES^OF E A C H ^ T H E ^ L V E FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS MARCH 31, 1916. (In thousands of dollars) / R E S O U R C E S . Phila. N. Y. Boston 5,883 $ 10,052 161,707 Gold coin and certif-in vault 7,766 3,125 6,329 Gold settlement fund 250 5 50 Gold redemption fund _ 168,286 13,699 13,188 Total gold reserve Legal tender notes,silver,etc. _ 55. Total reserve _ 137223 266 396 198 Bills discounted - Members Bills “bought in open market _ .12x239 15, 123- .5 *3 5 1 15,589 12,437 5,519 Total bills on hand 4,206 3,202 986 Investments: U- S. bonds 14.993 .3 /3 30 Municipal warrants_ 2,603 33,784 13,055 Total earning assest _ 16,026 116 1 ,1 1 1 14,325 Federal reserve notes - Net 2.628 Due from other F. R. banks - Net 2,043 318 ___ 43 .. 12 L >•11 other resources J~~ J -—l I_z:TOTAL RESOURCES v Clevel* Richm- Atlanta Chicago StILouis Minnls. Kas.Cy 4,768 5,674 4 ,111 1 0 ,7 3 3 320 ___ 3I3_ ____ 3 L 21,432 15,814 10,105 240 1,085 ____ 12210,345" 15.941 22,517 3,963 6,165 336 754 1 , 27.8 .15. l,6l4 6,180 4,717 l,4oo 1,676 4,224 11,630 9,749 -2*35.0 91 8.788 352 625 362 7,947 6.117 105 1,487 5,948 892 25,804 3,3^5 7,027 11,352 3,939 2,4l4 7,049 8,554 231 1,719 33,986 8,467 200 42,653' 4,957 3,497 ,i ,i M- J2L 43,802 1,645 2,027 3,672 6,682 . 3 , 6.20 13,974 1,537 7,99^ 3,65*+ ^,591 10_____ J O 8,464 9,.355601 954 1,555 3,339 1,241 6,135 980 1,324 885 8,275 482 8,757„ 766 JJJ l 1,539 2,214 1*356. 5,109 1,170 2,981 141 Dallas 4,020 4,675 4,161 10,373 242 i 5_ 8,901 14,635" 820 185 9,086 15,455 4,478 1,961 780 2,741 7,978 4,478 1,333 _222_ 11,718___ 5,8 11 1,816 -.-522. 339 3,006 1,022 16,978 1,172 964 2,733 5,613 9.791 3.792 S-FranTOTAL 7,040 258,052 2,73S 75,640 10 1,548 9,788 335,440 12 .... 2x2M .. 9,800 3H5..17.8 492 21,267 1,142 4o,4o8 1,634 61,675 3,035 40,275 -1*832___ 33,.015.. ...6,501 13^ 9 65 5^296 25,118 1 , 709(a) 13,128 208- 4.975 L I A B I L I T I E S . Capital paid in Government deposits Reserve deposits - Net Federal reserve notes - Net F. R. bank notes in circulation Due to other F. R. banks - Net All other liabilities TOTAL LIABILITIES 5,146 363 26,937 _ _ 32,446 11,122 10,560 186,895 5,215 340 27,137 9,991 218,568 32,692 32,644 49 25,712 59 104 18,180 6,666 2,173 58,911 2,788 1,504 14,387 — 67,I5Q_ 18,679 iir ^ M E M O R A N D U M . 7,641 3,819 7,178 10,668 11,726 14,944 F. R. notes issued to the banks 10,446 75,125 980 1,231 116 352 931. ..i*53I_ l.lll l4,..3.25_ F. R. notes in hands of banks 13,713 2,282 9.335 60 , 800 7,062 10,316 25. F. R. notes in circulation _________ 7,641 6,856 "137944 3,819 7,178 10,668 Gold and lawful money with Agent 10,446 75, 125 980 231 116 1,537 352 parried to net assets 1,111 i4, 325 .3*232_ Carried to net liabilities ___ _____________________________________ (a) Items in transit i .e . total amounts due from less total amounts due 2,561 497 15,100 3,944 1,429 I8,l4l 54,888 38/469 419,987 8,903 964 —_ —— . — .153.. 18,158 _ 23,*l?+2 .,.-21*229.. 21i5.ll. .523,364 — 13,065 1*110 11,895 13,065 1,170 9,909 14,869 10,842 190,232 166 " ...5.8 .. -31-„_5*296. -127, r _ 9,851 8,679 11,018 10,842 179,281 5,296 1,172 3,792 to other Federal reserve banks. 25,118 --8,903 Released for publication Sunday morning,•April 2, 1916, • Not-earlier STATEMENT OF FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS MARCH 31, 1916. (in thousands of dollars.) Boston Federal reserve notes: Received from the Comptroller Returned to the Comptroller Chargeable to F» R. Agent In hands of F. R. Agent Issued to F. R. Bank less amour.t returned to F. R. Agent for redemption N. Y. Phila, Clevel. Richm. Atlanta Chicago St.Louis Minnls. Kas-,Cy. DaJ.3.aa 109,240 15,480 13,360 17,000 20,400 9,380 9,600 19,000 13,000 20,780 11,360 277,980 1,514 21,115 2,209 992 2,374 1,360 680 197 135 418 1,121 518 32,633 17,866 88,125 13,271 12,368 14,626 19,040 8,700 9,403 18,865 12,582 19,659 10,842 245,347 7,420 13,000 6,093 1,700 2,900 4,096 4,881 1,762 5,800 2,673 4,790 10,446 75,125 7,178 10,668 11,726 14,944 3,819 7,641 13,065 9,909 14,869 9,865 71,398 3,360 9,720 — 2,850 10,050 4,100 9,540 581 3,727 458 948 Credit balances : In gold redemption fund 3,360 With Federal Reserve Board As security for outstanding notes Commercial paper 10,446 Amount of commercial paper delivered H to Federal Reserve Agent -- iOIAu $19,380 .-iuouiits held by F. R. Agent : “V In redemption of liability on outstanding notes: On hand: Gold coin and certificates T O T A L o,.Fran 75,125 7,178 . . 55,115 10,842 190,232 _ _ 120,883 326 994 409 351 665 479 708 272 9,918 6,530 12,950 3,410 4,440 2,350 4,100 770 10,570 48,480 4,870 1,000 1,230 3,851 -- 10,951 10,668 11,726 14,944 3,819 7,641 13,065 9,909 14,869 5,008 1,000 -- -- -- 1,245 3,927 10,842 -- 190,232 11,180 Released for publication Sunday morning April 9, 1916, Not earlier. 605. STATEMENT ,'FOR THE PRESS * April 8, 1916* The Federal Reserve Board made public today its regular weekly /bank statement as at close of business on April 7, 3.916. The statement indicates considerable activity of the banks in the open market during the past week,trgsurting in an increase by about 11,8 millions in the / total amount of^/banks 1 earning assets. Among these assets are shown^/^ $1,932,000 of United States Treasury notes issued in exchange fojr^2per cent bonds previously acquired by the Federal reserve banks .^"These notes bear interest at the rate of 3 per cent per annum and are payable one year after date of issue. The combined gold reserves of the banks decreased during the week 7*9 millions, while the banks* aggregate casjh reserves declined about 6.2 millions. Considerable net withdrawals of gold are reported by the Boston, Atlanta, Chicago and Dallas banks. The decrease in Boston*s gold reserve by about 1*5 millions is practically offset by an increase in the total due from other Federal reserve banks. As against a reduction of 1*5 millions in its gold holdings, Atlanta reports the purchase of over one-half million of United States bonds and the deposit with the Agent of 1 million dollars to enable it to withdraw maturing paper, The increase by 1,7 millions in the amount of United States bonds on hand more than accounts for the loss of 1.1 millions of Chicago’ s gold reserve^ while the purchase of about 1*5 millions of United States bonds fully offsets the decrease of 1*3 millions in Dallas1 gold reserve, A renewal of discount activity after a period of comparative inaction is shown for the Chicago and Dallas banks. The aggregate^discounted paper held by the banks indicates for the first time during the present year an increase over the figures shown for the preceding week* Acceptances on hand show an increase of 1.7. millions, the New York and Philadelphia banks reporting the largest gains under*this head. Of the total holdings of this class of paper the three banks on the Eastern seaboard are credited with over 80 per cent. Of the total amount of paper on hand 31,7 per cent matures within 30 days and 34,1 per cent after 30 but within 60 days. The week witnessed the purchase by 7 banks of nearly 5 millions of United States bonds, also an increase of 2#2 millions in the holdings of municipal warrants, Cleveland reporting the purchase of about 2 millions of notes issued by Ohio municipalities* -2- -605- Of the total earning assets of 146.8 millions, bonds coil-* stitute at present 30.3 per cent, acceptances — 28.7 per cen^^waj. rants - 24.0 per cent; discounts - 15,2 per cent ; and United States Treasury notes 1.3 per cent. The ratio of total earning assets to paid-in capital now stands at 268 per csnt, as against 246 per cent the week before, and 163 per cent reported at the end of the first week in the present year. Government deposits show a, decrease for the week of about 1 .5 millions, the New York bank reporting the net withdrawal of 2.2 millions of Government funds. The aggregate member bank deposits in creased about 3.5 millions , largely with the Boston, New York, and Cleveland banks. The outstanding circulation of Federal reserve bank notes increased about 0,3 million. Federal Reserve Agents report a total of 190.5 millions net of Federal reserve notes issued to the banks, against which they hold 180.6 millions of gold and 10.8 millions of paper. The banks show a note circulation of 166.3 millions, and aggregate liabilities thereon of 9.5 million dollars. Released for publication Sunday morning April 9, 1916 . Mot Earlier. -605-a^STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL ]IESERVE BANKS OF THE UNITED STATES AT CLOSE OF BUSINESS APRIL R E S O U R C E S . ' April 7, 1916 Gold coin and certificates in vault............. f......................... $2 4 5,77 8 ,OGC Gold settlement f u n d . . . . ............................................................. 80 Oil 000 Gold redemption fund with United States Treasurer............... 1.549,000 Total gold reserve............. ............................ ...................$327] 338,000“ Legal tender notes, silver, etc.................... ........................... 11 .600.000 Total reserve................................... .................................... $338,938,000 Bills discounted and "bought : Maturities: Within 10 days................................................. .. 6,911 000 From 11 to 30 days.............................................. 13,558^000 " 31 to 60 days.......................... ................... 21, 930,000 " 6l to 90 days.............................................. 20, 134,000 Over 90 days......................................................... 1.85:! .OOP Tota l ................................................................................... .$ 64,384,000 Investments: United States Bonds............................................ 45,226,000 1 One-year United States Treasury Notes........... 1.932,000 Municipal Warrants.............................................. 35.256 .000 ^ Total earning assets......................................................... $146,798,000 ’ ^Federal reserve notes - Net..................................................... 21,761,000 Due frou Federal reserve banks - Net..................................... I l ,l 6 l 000 All other resources.................................................................. 7.587 000 TOTAL RESOURCES.................................................................. $526,245,000 L I A B I L I T I E S Capital paid in .......................................... ..................... .......... $ 54,843,000 Government deposits................................................. ............... 37,016,000 Reserve deposits - N e t . . . . . ................................................. 4*23,497,000 Federal reserve notes - Net....... ............................................ 9,500,000 Federal reserve bank notes in circulation............. ............. 1,251,000 All other l i a b i l i t i e s ............................................................ 1^8 000 TOTAL LIABILITIES.............................................................. $526,245,OOcH Gold reserve against net deposit and note liabilities (A) Cash reserve against net deposit and note liabilities (A) Cash reserve against net deposit ; liabilities after setting ^ aside 40$ gold reserve against aggregate nonliabilities cn Federal reserve notes in circulation (A ) ............................. (A) Less items in transit between F .'R . banks, viz. . larch 31 , 1916 . January 7. 1916* October 8, 1915- 258, 052,000 75.64o,ooo - 1.548.000 335,240,000 9. 938,000 345, 178,000 272, 018,000 81, 150,000 1 . 250.000 354, 418,000 12,888,000 367, 306,000 227, 769,000 55,850,000 1 . 212,000 284,831,000 21.302,000 306, 133,000 7 . 126.000 11 . 721.000 21.409.000 19 . 453.000 1.966.000 '6 1 , 675,000 40, 275,000 6 , 605,000 14.074.000 17 . 715.000 13,247,000 3.938,000 55.579.000 16.734.000 5,893,000 13,786,000 15,257,000 9 , 109,000 1,320,000 ^5 , 365,000 9,483,000 7, 1916. April 9,1915* 238, 638,000 902.000 239,540,000 30,018.000 269,558,000 | 11,798,000 14,534,000 1 8, 869,000 35, 251,000 6, 813,000 • • « *« * •• *• « •* »». ^ 3, 015,000 134. 965.000 25.118.000 13,128,000 4,975.000 523,364,000 17,097,000 89.410.000 24. 156.000 1 1 . 137.000 7,078.000 499,087,000 27 , 029,000 91,877,000 15 , 523,000 7.723.000 3.124.000 414,380,000 15.938,000 58,002,000 4.826.000 5 . 659.000 2,656,000 340,701,000 54.888.000 38.469.000 419, 987,000 8. 903,000 964,000 ...15.3,000 523, 364,000 54.895.000 23.841.000 407,244,000 12.982.000 54. 781.000 15 , 000,000 326, 787,000 15 . 225.000 36. 165.000 294, 042,000 10. 449.000 125.000 499,087,000 2,587.000 414,380,000 _ 45.000 340, 701,000 71-3a1 73*9$ 73*8$ 76 . 0$ 81 . 9# 84.8$ 81.§$ 87 . 6$ 80.1$ 90. 2$ 74.6 76.756 86.2$ 89. 8$ 92. 0$ . ,, , $ 11 . 16 1 ,0c? 13,128.000 11 .,137,000 7 , 723,000 5,659,000 Released for publication Sunday morning April 9, 1916. Not earlier. 605 b. WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE TWELVE FEDEHAL RESERVE BANKS AT CLOSE OF BUSINESS APRIL 7, 1916. (in thousands of dollars) R E S O U R C E S . Boston N. Y. Phila. Clevel. Richm. Atlanta Chicago St.Louis Minnls . Kas.Cy . Dallas S . Fran TOTAL Gold coin and certif. in vault $6,363 156,763 5,667 11,666 4,997 3,569 6,641 245,778 4,066 3,905 4,798 5,563 31,780 Gold settlement fund 5,278 8,106 9,157 80,011 7,380 4,769 2,974 4,688 2,751 3,986 9,972 11,424 9,526 Gold redemption fund 5 250 50 30 10 1,549 76 248 274 291 200 33 82 Total gold reserve 11,646 165,119 13,097 21,671 16,496 8,287 8,911 13,310 327,338 9,065 9,625 8,605 41,506 Legal tender notes, silver,etc. 7 4.499 2.488 824 11,600 957 79 1.080 483 193 13 275 702 Total reserve 11.653 169.618 15.585 22.628 16.575 9.104 8.380 42.586 9.889 8,770 14,012 9,638 338,938 Bills discounted - Members 283 389 317 2,407 706 1,935 4,665 519 32,268 507 600 6,228 3,712 — Bills bought in open market 1JU-64 16.072 854 5.604 1.096 832 1.209 1.346 15 766 2.158 42,116 Total bills on hand 12,447 16,461 2,767 1,560 5,921 4,565 1,696 4,665 64,384 4,478 1,728 1,853 6,243 Investments: U. S. bonds 3,288 2,449 3,339 1,864 8,090 4,490 1,990 2,818 3,035 45,226 3,849 8,338 1,676 _ _ -_ -—— —— One year U.S.Treas.notes - 350 1,532 50 1,932 _ — - Municipal warrants 2,578 14.824 999 3.711 1.257 1.381 3.308 4.950 60 2.188 35,256 Total earning assets 18.313 35.266 13.719 10.702 5,155 11,856 7.483 6,951 146.798 7,979 6.468 16.614 6.292 _ -Federal reserve notes ~ Net 719 1,557 10,384 1,025 1,128 375 1,083 5,318 21,761 172 -Due from other F. R. banks- Net 3,456 1,238 5,786 688 3,192 l,49 8(a )ll,1 6 1 3,173 279 1,080 622 1,352 A13^ other resources 110 403 309 1.019 572 714 194 15 ... 3,810 96 310 7.587 35 ' TOTAL RESOURCES 34.156 219.078 32.745 34.294 25.669 18.802 67,115 18.608 18.-355 22.601 22,426 23,599 526,245 L I A B I L I T I E S . Capital paid in 5,140 Government deposits 549 Reserve deposits - Net 28,467 -Federal reserve notes - Net F, R. bank notes in circulation —Due to other F. R. banks — Net —_ All other liabilities TOTAL LIABILITIES 34.156 11,123 8,327 188,425 —— 5,215 1,111 26,419 —— 5,948 936 27,410 -— 3,345 6,836 11,372 4,086 2,383 7,468 8,843 -- 6,667 1,209 59,239 -- 2,788 1,737 14,083 -- 2,563 521 15,271 _ —— i 3,006 1,042 16,229 1,073 1,251 2,734 5,695 9,656 4,341 -- 11,203 ~— 219.078 —— 32,745 —— 34.294 30 25.669 108 18.802 - 67.115 -18.608 -18.355 -22.601 -22.426 14,944 3,814 7,628 13,144 1.083 1.557 1,025 1,128 13.861 2.257 6,603 1?,016 14,944 3,814 7,628 13,144 1,083 1,557 1,025 1,128 - —______ ~ ~______ ~ ~______ ~ from less total amounts due to 9,849 M E M O R A N D U M . F. R. notes issued to the banks 10,418 74,959 7,154 10,639 11,153 F. R. notes in hands of banks 719 10.384 172 375__284 F. R. notes in circulation 9.699 64.575 6.982 10.254 10.869 Gol^l and lawful money with Agentl0,418 74,959 7,154 10,629 6,783 Sarried to net assets 719 10,384 172 375 Carried to net liabilities — —_______ - -_______ - -_____- -____ 4.086 (a) Itemsin transit i .e . total amounts due i 3,931 1,585 18,083 --- 54,843 37,016 423,497 9,500 1,251 -. 138 23,599 - 526.245 16,009 10,835 190,536 157 17 5,318 22,219 9,692 15,992 5,517 168.317 ^ 8,619 11,651 10,835 180,578-5,318 21,761 1,07 3 4,341___ ~ ~__ 9, 500 other F. R. banks. iteieased for paDliCaxxon Sunday morning, April S, 1 v 3 ^ot Earlier«> . , STATEMENT OF FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS APRIL 7, 191&(ln thousands of dollars) Federal reserve notes : Received from the Comptroller Returned to the Comptroller jsfiliargea'ble to F. R. Agent In hands of F. R. Agent Issued to F. R. Bank less amount returned to F, R. Agent for redemption Amounts held by F.°*R* Agent : In redemption of liability on ± outstanding notes; On hand: Gold coin and certificates Clevel. Richm. Atlanta Chicago St.Louis Minnls« Kas.Cy. Dallas S.Fran Boston N. Y. $20,380 109,240 15,480 13,360 17,000 20^400 9,380 9,600 19,000 13,000 1,692 21,281 2,233 1,031 2,447 1,360 685 210 146 478 18,688 87,959 13,247 12,329 14,553 19,040 8,695 9,390 18,854 12,522 8,270 13,000 6,093 1,700 3,400 4,096 4,881 1,762 5,710 2,673 10,418 74,959 7,154 10,629 n ,i 5 3 14,944 3,814 7,628 13,144 9,849 9,865 71,398 3,360 9,700 2,850 10,140 4,100 9,540 553 3,561 434 929 751 — -- Credit balances: In gold redemption fund With Federal Reserve Board Phila. 3,360 - - As security for outstanding notes: Commercial paper - - T O T A L 10,418 353 994 4o4 388 654 619 6,430 13,950 3,410 4,390 2,350 4,370 7.4,959 7,154 10,629 11,153 14,944 5,151 _ —■ 3,814 7,628 13,144 20, 780. 11,360 1,188' total 278,980 525 33,276 19,592 10,835 245,704 3,583 - - 16,009 10,835 55,168 190,536 120,953 265 9,905 3,900 1,360 10,570 49,720 1,230 4,358 9,849 — 16,009 10,835 9,958 190,536 Amount of commercial paper delivered 1,237 4,382 10,770