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STATEMENT FOR THE PRESS

st,3‘--44,

Released for publication
Fiiday morning, Dec, 22;
not earlier.

federal Reserve Board,
December 21, 1922,

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l i t

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c

1 , 9

o

s i t

b i n e d .

, 2

1 6

9

9

9

8

5 8 0 , 8 8 3
2

5

, 1 8

8

8

, 3 2

6

, 6

3

4

2 , 7 4

4 9 7 , 2
3

5

, 2

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,

.

7 5

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

i n

t e

4

,

1

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M

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9

, 4

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

a r k e t

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u

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n

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.

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b o n d s

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e

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t a

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r
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r e

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b

t

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n

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l d

o

i l l s

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o

d

t h

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e

g

S e c .
O

l d

l

i l l s

B

g

i t h

t a

l d

m

r e d

o

o

t t l e

l

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L I A

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t h o u s a n d s

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St,3244a

7 0 . 7 %

4

St.3244b.
R

e

l e

a

s e

d

f o

r

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b

l i c

g

^

|

e

a n k

;

g

d

^

£

^

£

1

T

I

E

S

^

T

H

E

2

F E D E R A L

E E S E R V E

R

F

e d

e r a

l

SB
SSS
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R

e

s e

g o ld

e

g

a

l

t e

n

t e

B

h e ld

b y

o

f

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r

r

e

n

s

o

e

r v

t e

s ,

e

s

2

s

i l v

e

r

,

e

t c

.

Total reserves

i

l

l

T

o

U .

B

b o u

t a

S .

U „

M

s

S .
O

n

O

t h

u

n

a n

k

p

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e d

F .

A

l l

c

i

l

b

o n

d

s

C

e

r

c

i c i p

t a

n

b

e r

o

U

l

a

l

r e

o

l l e

o

t h

i n

l

s

e

a n d

c

e

a
r

t

i f

l

w

a

r r a

e

a r n

m

i s e

s

t i o

n

p

a n

c

t e

e

r

i n

k

d

r e

e

s t o

n

4

9

, 7 4

0

H e w

Y

3 5 3

o

, 0

r k

P

5 2

i c

g

o

s

o

u

7 3

8

4 2

. 8

1 , 0

1 9

2

, 9

6

, 2

0

9

2

S

O

C

l e

U

v

R

e .

C

E

R

.

A

t l a

1

2

2

0

2

, 2

6

7

8

6

, 6

3

2

1 3

, 6

0

7

1 , 9

9

0

2

367,583
5

, 5

6

5

9

, 1 9

9

9 9 .2 39
8

S I N

E S S ,

D E C E M B E R

m

23,543

126,029

36,986

16,327

4 0 ,5 45
1 J .W 1

28.459
22,371
-/w

a r k e t

js 1

y .

75,351 109,805

2 0 ,

1 9 2 2 .

Q f

, 3

5

3

3

1 3

n

t a

. H

9

. 8

5 , 8

4

C

h

i c a g o

S

t . L

o

u

i s

M

i n n .

K

a

n

s

. C

i t y

d
s

e

r

s

)

a

l l a

s

S a n

1

8 8

1 , 6

5 2

5

4

1 9

, 6

7 9

1 3

9 7 ,W

5 . 7 6 7

1 9

, 8

3 3 , 2

8

1 . 5

0

5

5

2

_______ 8 * 8 3 6 ---------------------8 7 2

^

7

, 7 0

1

2

80.780
)

. ?

£

7

>-------------^

82,424

84 ,0 25

3,868 30,788 1 3,696
28,194 53,002 15,099
,;— y— ——...... — -- M--I-------53,094 43,670 93,9 58 41,475

2.15b
19 .2 75

22, 1

21,431

2 0 ,4 96
3?,939

4

3 , 8

11,751

, 8

J

9 3

2

3

1

2

5 1 , 9

F

^

r a n

.

2

T

8

7 3

o

t a

l

, 5 7 5

a,1%&
2

6

1 , 1 0

4

3

,

O U 5 .9 M

------------ 3 * 2 8 ? -------------H

O

, 7 9 9 .

54,153 264,392 3 ,1 5 0 ,7 0 9
1,523
3,955

U .9 9 7
a , 093

314.851
» . 07

34,668

40,437

82,187

867,286

6,395

39,518

24,096

11,896

1,241

179

6,435

16,767

10,608

27,577

2,629

27,617

174,958

s

750
24,069

3,500
85,4 50

500
10,747

500

1,360
2,000

999

1,667

571

1,000

2,031

55,726

8,780

821
13,694

1,000
8,310

1,332
12,149

14,000
242,282

a

f
t

i n
e

s

d

e b

( P

s

s

t e d

i t t m

n

e s s :

a

n

A

c t )

17,827

1 , 4

9

9

26

26

e

a

t s

g

a

i n

118,843

3 1 2

5,251

1 0

s

, 0

1 1 0

, 6

9

4

1 4 0

, 0

2 8

7

, 0

4

57,695

9

, 7 4

4

639

1 7 4

75

89

68

468

2

2,571

67,593

34,564

76,760

971

1,042

5,169

665

103

196

46,879 157,786
2,108
7,781

4

s t

422

s

r c

D

3:%
^ ^ 1;%»«;%?.S
1 3

t s

n

l l a

t e

e

t e

o

183,581

o

s

d

S

i c h

£%4;%
^.54“£:%1:^
4

4

.

B U

87,629

o

t

a

i t e m

5 , 2

E

i l a

O F

d

i c

a

n

0

h

C L O S E

a n

s

i f

f u
n

h

n

t

t

B

o p e n

o n

r

e n

R .

t

t i f i c

e - y e a r

T

5 $

g h

o

A T

214,115 1 ,046,196 240,239 273,148 1 0 7,59 2 138,729 545.446 106.250

^ s i c t . r i l T ^ s . Govt, obligations
other b il l s discounted
B

B

ST

Total gold

L

r v

B A N K S

52,376 123,285 1,2 9 8,55 2
2,095

1,768

47,181

200

146

19

2,625

71,758

163,328

63,7 23

70,931

61,781

31.754

9 9 ,0 5 1

48,627

19,823

49,446

28,594

50,576

759,392

4l6

1 ,875

431

721

533

342

S4l

385

1 ,6 8 5

846

1,817

4 ,9 4 8

14,840

410,805 1 , 534,366 415,801 491,959 230,240 220,280 811,570 223,929 139,734 216,446 139,181 444,988 5,2 7 9,29 9
T O T A L

R E S O U R C E S




st,3244c

Released for publication Friday morning, December 22, 1922; not earlier.
RESOURCES AMD LIABILITIES OF THE FEDERAL RESERVE BASKS AT CLOSE OF BUSINESS DECEMBER 20, 1922.
(in thousands of dollars)
L I A B I L I T I E S
Boston

Federal Reserve Bank
Capital paid in
Surplus
Deposits:
Government
Member bank - reserve accouht
Other deposits
Total deposits

8

, 1 2

1 6

2

6

, 4 8

3

8

6

, 6

0

2

, 1 3

1 , 9

9

7 0

2

0

1 7

7

7

1

5

, 5

5

5

, 1

1

1

1 0

TOTAL LIABILITIES

4

0

1 0

, 1 7

, 8

5

1

2

, 4

9

3

, 0

s

, 7

, 5 3 4

Ratio of total reserves to deposit
and F. R. note liabilities
combined, per cent
64.1
Contingent liability on bills
purchased for foreign
cor re spondent s

, 5 3

4

0

2

8

2

3

1

4

1

6

, 3

4

9

1 4

, 7 7

3

2

4

5

1 , 1 2

6 8 9

, 8 0 H

1 5

, 8

0

2

2

1

4

9

5 3

, 6

6

, 3

9

1

5

, 3 7 0

1 0

3

, 8

4 4

1 2

, 8

7

1

1 , 9

5

9

5

1

, 1

.

1 , 3

2

3 0

1

4

4

2

3

, 7

9

7 , 8

4

2

, 0

7 0

2

4

, 2

2

3

1

, 2 4 0

9

, 8

4

8

1

, 2

8

0

9

7 1 , 0

9 6

8

, 5
, 4

9

, 5

4

3

4

6

—

1 1 , 5

7

0

2

o

l

2 3

5

5

4

6

1 , 0

2

7

1 3

5

, 7 7 3

5 4 , 4 8

2

0
2

9

, 1 8

3

7

1 , 5

3

, 7

1 9

4 8 5

6

9

1 3

, 7 4

3 , 0

s

4

1

, 5

7

7

9

, 7

3

^

5

i

2

1 . 7

3 7
2

, 6 0 7

1 , 5 ^

2

1 6

, 4

9

9

, 0

6

1 3

9

, 7

1 5

9

6

1 3

9

, 6

3

5

1 , 8

2

3

, 0

0

4

2

4

3

6

1

4

, 4

0

, 2

3

1 2

0

7

. 2

, 4

7

9

2

1

2

. 7

, 2

6

5

4

8

2

. 9

, 7

6

2

9

7

6

. 1

7

8

. 2

6

3

. 3

7

4

. 3

5

3

. 9

5

7

. 0

6

0

5

8

5

1 , 9

6

, 7

9

1 1

6 0

1 2

, 4

9

9

, 6 9 9

5 7 6

, 9

9

7

2

8

, 4

7 4

7 9

, 2

9

, 9 8

9

8

3 9

5

8

, 2

7 2
7 9

9

3 5 , 0

5

2,820
4 4 4

, 3

6 , 7 1 5 '
1 , 8

3

, 4

9

, 1 8

9

5

9

6

2

4

1,800

3

4

5

0

107,261

1

, 1 9

^

6 7 8

, 2

7

3 8 6
1 3

5 5

9

5

3 8

^

4 , 4 3 8

5

1

, 6

9

, 5

1 5

. 6

8

7 , 3

7

5

8

3 4

2

9

, 1 9

7

1 , 7

l 9

, 9

s

4

3

5

1 , 1 8

4 , 6 2 3

, 6 0 2

2

, 2

6

6

Total

Kans.Cy, Dallas San Fran,

5 8 0
4

3

3

, 8

3

7

4 5 7

, 6

3

, 1 7

4

6 5 , 3 8

8

, 3 9 6

2

9

7 4 , 6 6 0

1 , 3

3

4 6 3
6 8

9

, 7 5

1 3

9 , 3 8

2 5

4 2 2 , 6 9 0

, 3

2 2 0

4

2

, 3 6

3

7 9 7
2

7

5 3 2

2

, 5 ^ 2

4
7

3

1

1 4

7 8 2

5

2

9

1 2 8

1

9

0

, 1

7 6 4

8

57,850

2,222
4

6

, 3

9

9

4 3 0

7

4

, 9 3 8

, 2

5 2

0

7 4 9

1 , 6

9

5 , 6 0

8

2 , 5 0

7 4

, 5 8

0

s

7

, 3 6

2

, 9 4 5

1 1 0

5

1 1 5

7

0

0

1 1 , 7

7

9 4 2

F. R. notes in actual circulation 209,360
F. R. Bar* notes in circulation net liability
150
Deferred availability items
6,083
____
All other liabilities
2 ,0 1 1 _______
6

2

8

, 7 9 0

1 3

124,498

5

, 3

7 6 6

0

8

1

, 1 9

3 8 6
1 2

8

Atlanta Chicago St.Louis Minn,

Rich.

Cleve.

Phila.

York

N e w

9

. 8

. 1

. 1

1 , 6

3

1

1 , 1 9

8

3

, 9

6

1

1 , 5

6

4

8 9 9

1 , 5 9

8 6 5

8

1

, 5

3

1

3

3

, 1 5

2

FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F. R. notes outstanding
F. R, notes held by banks
P. B. notes in actual circulation

4
2 2 7

^ 0 6

7 8

9

, 1 3

2

4

1

, 4 3 9

2

7 0

, 5 2

4

1

1

3

, 2

1

7

1 3

3

, 8

6

2

4

6

2

, 1 7

1

1 1 3

, 5

7

8

6

2

, 0

6 3

8

1

3

, 7 3

1 7 * 9

2 0 9

J

4 6

f c

1 8

-

3

, 5

Bills discounted
Bills "bought in open market
U. S. Certificates of indebtedness
Municipal warrants

5

1 6

, 6

6

6

1 8

, 1 5

4

9

, 3

7 3

6

, 0

1 9

3

9

, 4 8 1

1 6

, 7

4

4

2

, 8 8 0 —

1

0

2

, 1

6

7

2 0

8

0

1 1

, 0
. 0

5 3
4

2

6

0

5

, 5 3

6

, 6

7

0

-

9

2 2 > * , 7 7 3

1 6

1 0

t o

days

3 0

3

,

3

1 2

7 , 8

* 3

9

1

t o

6 0

days

6

6

, S

l

3

1*

t o

5 9

9 0

, 1 8

3

days

7

4

9 , 4 0

5

6

6

7 0
6 5 , 6 9

, 5
, 6

1 9
5

4

3

8
4

, 7 9
, 4

4

6

1

, 3 8

3

500

26

6 2

, 8

0

5

9

4

' 7 1

1

, 0

.

1

.

5

Over

5

=

j

3

days

9 0

l

,

5

H

8

, 1 0

9

, 7

9

1 1 3

2

^

T

1* 5

o

1 5

t a
, 5

6

l
5

8

251,728
2

3

1 8

3 6 2

6
4

, 8

9

252,370
8U4
DISTRIBUTION OF BILLS, U. S. CERTIFICATES OF INDEBTEDNESS AND MUNICIPAL WARRANTS BY MATURITI

419,329
72,811
7

9

9

, 7 1 9
4 , 0

Within 15 days




4

5 3 , 2 8

2

2 6

St.324*4.

Released for publication Friday morning, December 22, 1922; not earlier.
t>
m *rtpr 20 M22v
FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS, DECEMBER 20, 19
(In thousands of dollars)
Dallas
Boston New York Phila. Cleve, Rich. Atlanta Chicago St. Louis Minn, Kans.Cy.
Federal Reserve Agent at
R

E

S

O

U

R

C

E

S

federal Reserve notes on hand
Federal Reserve notes outstanding
Collateral security for Federal
Reserve notes outstanding:
Gold arid gold certificates
Gold <rederaption fund
Gold fund R* Board
Eligible paper Amount required
Excess amount held
TOTAL

80,900
2

2 7 , 3 0

6

1 5

0

. 3

0

108,000
8 4 ,1 & 7
, 4

4

3 8 ,1 6 0

2 4 ,6 * 0

7 8 9 ,1 3 4

241*439

2 7 0 ,5 2 *

2 & 3 ,l f i 4

1 9 ,8 1 9

3

3 9 9 .6 1 0

3 5 ,0 4 1
*

3 1,000
1 2

9

, 9

0

9

^ 2 3 6

2

*

1 3 .2 7 5

1 3 ,9 ^ 2
1 6 6 ,3 8 9

1 3 ,1 9 1

6

1 , 0

6

2 7 .2 0 0 .
1 1 3 .2 1 7

4 6 2 ,1 7 1

1 3 3 ^ 6 2

2*
3 ,3 2 3

8 9 # G § 8

5 .6 6 3

4

7 , 0

9

9

5 ,2 3 1

2 0 , 3 4 1 * * .2 2 1

3

4

, 2

1 1 3 .5 7 8

11.610

^

155,000 62,795 92,000

8

23.270

8 6 ,8 0 0

6 9 ,6 6 9

3

1

San Fran*

10*950

17,660

1 7 ,3 5 9

51,070

8 4 7 ,3 0 8

6 2 .0 6 3

8 1 ,7 1 9

4 3 .7 3 9

2 8 0 ,0 5 3

2 ,8 1 8 ,8 0 5

*

1 3 .0 5 2

3 4 6

7 ,4 7 1

3 7 * .6 * 5

58,300

30,000

3 ,3 8 3
4 7 ,3 6 0

2,473 19,166
12,500 1 8 5 , 9 5 3

7 2 ,0 5 4

3 9 .0 6 5

1 7 ,2 * 1

3 0 ,9 7 6

21*295

1 5 .4 7 2

2 1 ,8 8 0

9 ,4 1 0

1 .7 7 0

4 ,6 0 3

2 * * 0

7

5 3 8 ,9 5 *

2.009.114

5 2 6 .7 0 1

5 8 6 ,0 2 9

2 5 7 .8 5 5

3 4 6 .8 2 3

1 .0 3 3 .0 2 2

2 5 2 .8 3 3

3 0 8 ,2 0 6

1 ,1 8 6 ,7 4 4

2 7 ^ ,5 9 .1

2 9 5 .1 6 4

1 1 0 .1 * 1 7

2 0 3 .5 5 1

5 * 6 ,9 7 1

1 3 6 .8 4 8

Total

2 .8 9 7

3 .6 7 5

18,818

1 3 7 .9 7 3

1 8 4 ,7 7 3

1 2 3 .6 5 5

7 4

, 9

3

. 2 9 2

137*454
1 ,6 3 3 .9 4 2
7 0 1 ,1 1 7

4

7 ,0 2 3

1 3 1 ,0 1 3

6 1 8 ,1 9 9

6 .6 1 5 .9 3 1

l i a b i l i t i e s

Net amount of Federal Reserve
notes received frdm Ccsnptroller of fhe Currency
Collateral received frcci
Federal Resei*ve Bank:
Gold
Eligible paper
TOTAL




- 1 , 3

f

f

i

,

-

1 Q

a

l

/ - - Q

1

6

p p c

^

5

- i o n

T g ,

m

h C g

' . m

538.954 2, 009,114 526,701 586.029

t

f

g

i

f

f

j

g

S

2 5 7 .8 5 5

9

”

9

, 6

#

3

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for publication Friday morning, December 29, 1922; not earlir,

R e le a s e d

R E S O U R C E S -AND

'

St "52^5^5

c

LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS DECEMBER 27, 1922.
(in thousands of dollars)
L I A B I L I T I E S

Boston

Federal Reserve Bank
Captial paid, in
Surplus
Deposits:
Gove rnment
Member bank - reserve account
Other deposits

8

, 1 2

1 6

, 4

6

8

2 8

■«

3

6

, 6 8

0

, 1 9

1 1 9
1 2

4

, 8

1 2

7 0

1 0

2

TOTAL LIABILITIES

5 , 7 9

1 1 , 2

7 2

1 3

4

Ratio of total reserves to deposit
and F. R. note liabilities
combined, per cent

, 0

1 9

, 4

6

. 9

2

Contingent liability on bills
purchased for foreign
correspondents

, 3

1 7

1

6

5

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0

2

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C e r t i f i c a t e s o f in d eb ted n ess




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Total

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4

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3

7

7 . 7 6
2

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10,632

4

5 7 8

1 0

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D I S T R I H

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)allas San Fran.

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F E D E R A L

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Total deposits
F. R. notes in actual circulation
F, R. Bank notes in circulation net liability
Deferred availability items
All other liabilities

6

’Sans.Cy.

Atlanta Chicago St .L o u is Minn.

Rich.

Cleve,

Phila,

New York

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