The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS st,3‘--44, Released for publication Fiiday morning, Dec, 22; not earlier. federal Reserve Board, December 21, 1922, C O N D I T I O N a r e w d e e k s i d e A g g u c t i o l y s b i n o f q u w e e k o f t h e o f V i c L i b e r c g o l d i r e m e r m g i n o $ a n k s t a c r e a n d f s i n g $ 1 2 , 9 f i s s u t h s a w s t a r r e i n y a s u r y c o w t i o e n d s t i f i c r , x o l d r e s e f o r $ 4 , 2 0 0 , 0 0 0 $ 3 , 0 0 0 , 0 0 0 e f o r i g h i t y o a b e r v e s e r c e l e t h e D a b a n r y n o e r c e n 1 3 9 , 8 0 0 , 0 0 0 m t b a r y e r e $ 9 8 y a n d T $ o e c e m w e t h e r e s e a r e d u t i o 3 , 6 0 0 a n & l a r , i c a g o d a s R g e s b a n e c r e a y f r e , 0 r y 0 . 0 0 , c e r r e p 0 f c h a n g e s b e r 2 0 , 1 9 2 2 d i n e d l l o u d u k r e p o o f s e e t o U n i t e d . o 3 1 o r t e e p c o m w e s 0 , 4 a d t e e s , r i n c i p s , e f p o s f o r g o i n d e n t o b l h t a t e a s 0 l i g a l a s b e s n r i e s u a p i s c o u n l a r g e t e s , s e r v , 0 s c a t i o n r s a r e , a s $ 2 , 0 e c r e a 0 0 T r e a s u r y n p a r e d w i t h $ 1 9 1 , 8 0 l i t i e s e f o r e e t s a n d w e e k l a n d 0 * 0 c i a b i a y e a s e r e I n D t a G T o l r e o l d t a D a r n i s c o u n u r c h n e c u t h a r v s e O U e r e l S P s e e a m r v i n e s g t e d b s e t s i l l s , y U . b i l l s s e d b i l l s S t a t e s . s e r i t e d . a b r e d . . e c . 1 3 o t e r a t o S . t a G d i s c o c u u o n l v , e t e r m d , e n . . t o t a t o . b . l i g . a . t i o . n 0 e . 0 - 4 4 , 2 - o n P O T o d s i t t m t h t a M l e m a e r d e a n d n o t e n c e r t i f i c T r e a s u i t i e s , l . ............................................... + p o s b e r s * G o v e r n a e n t h d e r e p a c e t e r s , , t i f i c a . t e .......................................................... • s s e t d o s e r v p e o . d e p o s i t s , ................................................ r . . 9 1 4 . 3 1 2 4 4 . 2 , 0 e n s , d r g f r e b t a n a s u P r e r t h s l l e c a m t i o . 5 1 2 3 + ' 2 0 . 2 + 2 2 , 4 1 6 . 4 1 4 . 2 7 . 5 + + . 6 g N e w f i r s t r y y G h o l d - , a n t c c o l l e Y o r k a n d s h o w n f o r e p o r t e d , 0 0 , w o v e r n c e r e s e n k r - t h b t i o b a n n k , e y t h e h i l © B o s t o n f r o m 2 0 2 , 2 0 0 , 0 0 0 o r * 6 p e r 1 2 , 0 0 , c e n a n d $ , 0 0 $ 4 , 7 0 0 , 0 0 0 * 0 , 0 , 0 0 t * s o o , o r s t h e l l o 4 . 0 r e s e w D o c f f o f d o 0 r v e s J e c r e a s e l l a r s 2 1 , e D e c . 1 9 2 1 4* 1 6 3 . 6 + 1 7 4 — 2 6 4 . 7 - 6 0 9 . i — *«■ 4 • f 1 8 , 9 2 . 9 4 2 0 , cL 1 2 5 . 2 2 1 9 . 5 1 2 3 . 9 - 1 0 5 * 2 0 1 , 1 9 7 , 2 + 1 3 6 . 5 , 6 4 2 , 2 + + 7 n o u n t s r y b a n 0 o e i t t m r e p i n f o $ 4 4 , 2 0 0 , 0 0 0 r e d , 9 + s i t s i t s Federal Reserve notes in circulation 1\ R, Bcrtik notes in circulation, net liability 9 4 • ..................................................... i t s r e O s r y 2 9 1 0 r , 2 6 + ' B 2 + , s c y r e a s u c c e p T p 1 9 2 2 , 3 • n t h e t h a n s g n 1 5 s . . , 2 - ........................................................................................................ T 0 0 , i l l i o - s f l e s i n o o o ' s , I n T o n A $ b y b 1 , 8 0 a n d B e c l a t s e d e d n e s d a y $ t h e o f n l i s 0 d n o a r d , 3 0 0 , 0 0 0 r r e s t h e o e 0 g s e c u e r e n t e a p f W t i o t h f o n B 5 c u , 5 0 0 , 0 0 0 t i t u i n c e e r - s 7 t i o 1 9 2 2 * $ 1 i n t s . o $ 5 o t d d r s f a n r e t a r y t e d t o 0 s e t i o s e l a 2 0 , q p t i c n p M r . s 0 , 0 0 0 9 , 3 0 0 e l d c e n l $ e c r e a , 0 i t h l d c l u i n o v e r n m i n t h e i s a e e k r y $ 1 5 * 6 0 n w G t . i n i c h t h e n u $ 2 0 , 8 0 0 , 0 0 0 c n f a d h f c e s e r v e o u o i n o e a i d c e i r b e r s t o m r e d s h o w i t a a n e w w c R s e e n t c l i n f t o c o m a w n t h t i f i c o 0 r o r , 7 , 5 0 S t h e p a r e d s t i o t a p e : r t s $ " b y r c o v e r n m t h 0 c e s c t i o n r e G , 0 c 4 , 4 0 0 , 0 0 0 t t i f i c t h a s f o $ t i o , t h e $ 1 2 s r a f f s e r o o b a r i c , e c e s e a p e r r y d a t h e n c r e c r e o u n c u i n s u d p n a f r o m s e e s e q d k t h d r e n a n a T v a n c e o e c e m b s t e e r a l D p a y m n t s c o n f u 0 e n f r e n o n i n e t h e a e p x b a n k s s e t h o e e d 7 2 « 2 t a r v F e e t a n r v r e c e a p s e t h e s s m i s s u r e o s e c u , 0 a d 0 s o O , 0 t r v t o f i t s s b 0 o s r e d 2 , 5 0 a r e * 1 A 0 s u t i f i c s s i n o v e r r j n e n t p r e i n s h o w 7 5 e r , 0 a G u n r e s e g s e c u r e f a n d t h e 0 , 9 0 f r o m B A N K S e r a l s h i n . a e 0 T h e e r d v h t h b s i t s c o b f c a t o s C o e d s h o w 0 l d a e p F o e d e l a l l a , 0 n e e a c h a p , o i n v 5 1 4 , 9 0 t , s u k s . r t p $ t e s T h e o f n 0 i n s e r v a n d f r o m c r e s h o w C p h a n d t h e t o k i n i s e c k s o a n s c h r e g s s 1 4 , 3 0 a n t t i s i n D e b a n k * u $ 3 4 4 , 2 0 0 , 0 0 0 s u m r v s h o w t a $ g t i o R E S E R V E a x - e l o s e r 0 s l a e 2 9 , 9 0 0 , 0 0 $ 1 0 , 2 0 0 , 0 0 0 r e s e e g a n d b y i n $ 0 e r e D e b e o n r e f c A T k c i a b a n k s i n c o m w u o f i c h c e n o o e p l u t a n s p 3 * * 8 v o n r r o t e b h a l i n e e k , s o r e c s , t e i c t o g e s , a V d , 0 r v e , t e t i f i c b y t i o d t e a V t r a 0 e r o r p d y c e o e 6 4 , 2 a n r i r t h n c o r l a e c o n s , o l d a l l m a f y n H r t e o F E D E R A L s a s r c l i n L e a o d r y b e r C l i d e r e t o e t , r v 0 7 7 , 5 0 s u t i o a n s a s o n 0 $ i n i c d a i n i n h a n d s r a G i r , 0 f r e a g i n c o m e 0 o T e l i g l t s a n d t e m s e r l b t e s b o n d s a e e n 0 e e k t o e e $ 0 t b S 0 s o a n d , 0 w l a r t h e p K e T h e e n t r e m s 0 t h w f c t e m o o a 2 2 , 2 0 a n d t y s a o t h e i n a t s t i f i c r t e n e n M f o r e O F - 2 . 2 9 . 2 .. 7 0 . 2 , Released, for publication Friday morning, Dec. 22, 1922; not earlier, R E S O U R C E S O F T H E T 1 E E L 7 E ( i n R E S O U R C E o l d G a n d o l d T G G s e o t a o l d w o l d T L T T o U . p d e r l y e r u U b O t h e r c e t e s , e n t e d : G d c r e a r n s t i f i c a . R k i l v . B . . . o a r d n t e m t e A g e n e r , e t e f d 2 0 « 2 ♦ , t s t c o d b , . 2 , . , l i g . 3 o I E S B A N K S l l a 9 a t i o 3 n 1 , 0 r s C O M B I N E D , ) . . . . ............................................................................ . f s s d ( P e b t e d i t t m n a 4 5 9 6 9 0 1 , 6 6 1 , 1 0 3 , 0 6 9 8 4 1 1 0 , 7 9 9 , 7 0 9 , 8 5 , 8 3 , 0 6 1 2 3 , 1 8 1 , 2 2 3 3 6 5 8 8 4 , 6 , 8 1 3 4 4 , 7 9 3 l 4 , 9 5 6 , 5 7 2 0 , 7 0 7 2 1 , 7 2 8 2 3 6 7 , 2 8 6 9 2 2 , 3 3 0 , 9 2 1 7 0 5 8 § , 0 2 0 , 5 0 0 o B a n k 5 > p R t a l r m e e d e m F , e a r n i s e i n s A 1 8 1 4 , 0 0 0 c t ) 2 .................................................................................. 4 2 , 2 8 f u B a n k a s s e t s . . . . . 1 , 2 . 9 1 1 8 2 n o n d a g t e s . a . i n s . . 8 , 5 L C a p I A 4 . . . . . . l p i t a a I L i d I T i n 5 I , E . e p o 7 , 1 8 1 2 , 6 5 , 3 9 2 4 0 S . , 2 7 9 , 2 9 9 , 7 2 1 9 3 9 , 8 8 9 1 , 3 3 3 , 1 0 2 , 8 9 7 7 0 9 4 , 9 1 2 2 , 0 2 8 9 7 , 9 6 6 , 9 9 3 , 0 6 0 5 0 3 , 7 7 0 7 2 0 , 9 3 3 1 2 , 5 2 1 , 3 6 5 1 , 2 5 2 5 1 , 0 8 8 4 , 5 0 0 1 , 1 2 7 1 1 9 4 1 8 , 2 2 9 , 6 0 6 , 4 2 , 7 0 3 3 4 2 1 , 5 6 5 5 3 3 , 2 M 1 5 , 1 3 b 8 0 7 5 9 9 , 2 3 9 3 , 7 2 7 3 7 9 4 3 4 4 , 6 8 0 2 , 1 7 2 1 9 9 , 6 7 , 2 6 1 1 0 7 , 2 1 5 , 3 9 8 2 5 1 0 ...................................................................... 5 , 2 , 9 2 0 1 1 , 1 3 4 1 , 3 9 s , 1 0 3 , 1 6 2 3 , 8 2 4 1 7 s i t s : e m b e r b a n k - r e s e r v e a c c o u n t . . 1 , 8 1 , 3 F , R . n F , R . B a n k e l i a t o D e f e r r e d A l l o t h e t e s n a t i o 4 0 , 7 , 2 o s t e i l i t a v a r L b I A f t o t a n o t e l t u l c c i r . • , b i l i t i l i t B I L l r e i a b a i n y i l a l i a c i i e y c u l a l a t i o t i o n n . s 2 , 4 . . . . . s r v e i e 5 s t o s c o m d e p 6 , 7 9 1 1 1 2 5 5 2 3 , 1 3 . 6 1 , 8 1 7 , 7 2 0 , 2 3 0 3 9 1 2 , 4 9 5 7 6 , 9 9 7 2 8 , 4 7 4 7 9 , 2 9 ...................................................................... S 5 5 , 8 , 3 6 7 4 4 1 , 1 1 0 9 , 1 8 5 , 4 7 1 , 7 0 2 1 , 7 2 8 M 7 5 3 , 6 6 , 2 7 4 4 , 7 0 1 5 0 , 4 4 7 , 5 6 0 - .......................................................... s I E e u i t e m I T l i t i r 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 1 , 9 , . 7 5 - 1 $ 7 0 5 3 1 1 1 , 1 8 a n d , CM . a o 8 1 5 0 5 ^ b o F . R i n b T O T A L R , 6 1 3 5 , 0 n 2 , 8 6 M 1 2 1 4 2 D 5 5 R E S O U R C E S B 1 9 2 1 t 7 5 9 T O T A L 5 5 9 3 ^ 4 ............................................................................ p t i o n R . g 1 , e s s : n 2 6 T 2 3 3 0 , 2 6 8 5 1 3 0 1 7 4 e c . , s i o 3 5 D 5 6 , 4 9 3 7 1 0 1 4 2 8 , 9 6 1 9 2 2 3 o 5 , 1 5 .......................................................... i n t e 4 , 1 , 5 7 5 , 0 1 3 4 8 M ■ e c . 9 , 4 7 3 D 8 5 3 2 3 s 1 9 2 2 , 1 1 7 , 6 , .......................................................... a r k e t s o a e c , ............................................... s e n t h a n d t e s ................................................... s u t i f i c o 5 o p e n o I L I T ^ ............................................................................................. i s c o n e F , t a s s o n t - o v e r n m i n t i f i c e r v a n d e - y e a r e r e s a e s e r v e d r v i l l s b R n e t d b y f u s l C n n i l l s n l o g h S . e r a B . t i f i c l d . S . b o n d s O e n b o u t a h r f u r e r e i s c o b t t i o t e n t a S , U , e m e n e d l d o i l l s F o d t h o c 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 e g a l B g L I A R E S E R V E t h o u s a n d s S D G A N D P E D E B A L St,3244a 7 0 . 7 % 4 St.3244b. R e l e a s e d f o r P u 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 T o ta l R e s e g o ld e g a l t e n t e B h e ld b y o f b a n k s 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 R 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 1 1 3 4 6 .8 2 3 3 9 9 0 3 , 1 1 7 ) 9 3 4 1 .0 3 3 .0 2 2 7 4 , 5 4 1 . 4 7 3 .0 1 3 9 9 .3 7 9 1 3 4 4 , 8 2 2 5 0 , 7 4 3 7 2 0 : 1 3 8 3 . 6 1 4 2 2 5 2 .8 3 3 1 3 7 .9 7 3 4 5 6 1 ,0 9 8 2 0 2 , 4 1 * 4 , 1 1 3 184.7731 2 3 . 6 5 5 8 3 3 1 ,1 2 3 3 ,6 5 6 ,1 1 3 2 2 , - 1 1 7 , 6 5 6 0 5 1 , 9 , 1 1 9 5 7 6 1 8 ,1 9 9 8 3 2 , 1 3 0 . 6 ,6 1 5 .9 3 1 STATEMENT FOR THE PRESS " n Q. “ e a s e d f o r " c u b l ‘ i r i . a a y m n o A . n g , o r n t e a r i c a t i o o D l i e r e c . n S t . q F o f i m n 1 9 2 0 e b a n d p l i q e d u i a a w a t i o n l a t r u n i t s c o t a r t e d s w n i t h t h e n t h e r e f o r o D a n d l i t t l f i r s t e c o n $ d i t i o t t h c r e i s o d i t f a c t i v b a n k s . i g h t e e a n a o f c h a n g e y a e t i n c o n a r l i q p u e i v s f r o r ' s u i n i d s f f s e t a n t s h w a s i c h c e s p t i o c r e e b c u r r e n c y h l i d y o u y b d i m t h i n d y i s a r t b y k s s d e c l i n b y a b e r e d u t a n c e i n e d b d e c l i n t o t h e l o w D c r e d i n B a r e e t w e e n c r e a s e c t h e c u u u p l a r e r d p i n s a l f o t h e b y i t i e r i o n t i o e n d c l i n b e i n - $ 3 3 7 , 0 o $ , 0 f 0 0 s , 0 0 o i n A u g u s t t h e p r a i n g t a t i n c t 0 c r e W h $ 1 6 1 , 0 o v e r n m 0 r $ 1 1 5 , 0 a t G o v e r n m R e s e r v e t h l e t i o 0 e s . l y , 0 b y d $ 2 5 7 , 0 0 , 0 u i t i e d s e p e r . 1 i n g a n d t h e n d e a i n n t a t i o o t a l d r , d i s c s e l l y s , 0 t a 0 0 e n t p a 0 , 0 r a n d o t l i g o f c u o l l t i o o n s u t h e a r e n t s e c u l o a e r y r e d e N e w Y a c c o m d i s a t t h e y e f o r c o e g f e n i c c e p 0 0 o u i n c r e 1 S . e a l o 0 i n g 0 t o t a l t h e b - e i n r e a c h n f g . i t s a i n d e r r e d u c b a n a b s e n y i n a c c e d n n u o 0 e e r a l s e a t i o m a x i m u m f t h w a s 0 o f 8 a s e y e a r i n r e s e e d t i o n p 7 o 2 b y $ w e r e 0 g o a b o i - l d i n s t e i e x n g c e s s l a d e m n e e r e g r e f o s u o v e m s e r v n r l t e d e n t . e b a j f c s G o v e r n m e n t a s s e f o r n o t e i s s e t i o a n d s , m i l e e s s e v e n x g t i o t g e i n b d f , a n d l l y t e t s c s h o w 7 r a , 0 0 0 , 0 0 0 r v e s w e n t i t s p e r c e n t , i t s l o e s t e r c e n ° o n s e q p s , r 2 y a t e a i t s r v e e i r - 1 a t h t h r f . 4 T h e e c t e 2 r e ^ s e c R a s a o t r a e r s 9 o « t h $ 2 T h e d i r k r t h b y f h a e a e i n f © a n e n a n a c c e ; p t - r v o b f e p / s , b s . t f o e s e s o n r e s w s g h r v c e 3 0 ( 1 s , i n s e t i o l o t i v a n d a r n a o a d J d e t h w s r i o o a a f , n y n a ^ e l a 2 6 i d t a e h g k s . l y t i n i n h l y d a n d t s r e o e c r e t h a r g e t i o e n t w f i r t h i p i n o i n e d r e m t e f r l i q e $ 5 9 , 0 0 0 , 0 0 0 e n d e g e 0 w e d r t h u w a n r i t i e s o , 0 F s e . t o l l o b ;a n d s e a n t h o f s e c l y 0 i n g c t i o u J u u u o l e f , J 0 h t h o n e o n d p t s e J t h “ , i t n p f g r v o s e o t e s e c w t 0 s d a 0 r e d a f f s r e e r e o p t o o v e r n m i n o n r r o s h o w o u s e d i c h r v e t i n a , 0 p h o e s e b r e s e c u n c r e t o . _ n :f o w e n d s i n i s r i o m r d - c o i n 0 r e t ^ r i o d e c e 9 0 , 0 e , w o a $ s e l i e n , r e r o b e r i n e u t h ° n ® p d e c r e b y a s t p - r i s r s e c r i n n e 0 l o t i n i n e c e m e e t h , 0 t o ® r t e e n d t h l 0 u p G a e n d e e r a t o p e , l a m a t l y T h e m d 7 , 0 r n e s a a n d s e F i s D g n a e r a l d e a u e r n l i n D , n a d c c e 0 e e q t h t h s ^ e v t i o o e a t d s e e r i n e e n t h t h f t s t h u , 1 2 e v n 1 1 9 , 0 r , i s 1 9 o r u r . t g a c r e a a r y . o r e t h y a u G D 2 $ n m $ a n f r i n f t h t h o r . e l u r i o o y e e t i o d c r e a t a t a J a n e t h , e a t h i n a a o f a m t 0 a s d q t o y e t s e p f f o f e t w r e g a n o a t h t o a b i r g o e r v e e l o t i o l a t s t h , t o r e y e r i s c o u n h i l a t s d i c h t h e l y $ 3 1 6 f r o m w r e a , 0 F e h o s e o n c h e d e - b y d e o f J u r i n g 0 0 , 0 0 0 e r a m e m c o l u e b e c l i g l i n a l i n i n g a l m l a t t e A l a r g e p b a n k s e n t e s s e c u o n r S ? p s e i n m a l r v e r e n i n i m o c u m w r t h e n c o t h p a r t a r t m D o s t 1 9 2 2 , r s $ 3 2 2 , 0 0 0 , 0 0 0 . c e r e i r d o l y , . t e k s e n t t h b e r s l l a t h e e e n d d r v o v e r n m t s b e n d i d s G h a d p o d a t i o n t s e b o r k , n t h r e d r a n f s e c u w d m u n n f t h t t s o O c e n i r u n e n d f a f i n e t r a r e s p s e a s o t e d s e n w i t h w t o n e n c e d e p o s o f i t s . s e o s r o i c h e o i s c r e r y c r e a e o d e y F n s o 1 9 2 2 i d l a e t h c e d t h d a i s o a r d , 1 Q 3 p £ ® S ® T V e i n u e t h , a n d o r i n u o 0 e f t a l i q t h f i n i d 0 s a m , 0 a n d c 1 9 1 9 f , c i n o 0 t e j a n k , 0 d a a 0 0 ' t c w l o v i n g d f y e , 0 l e n t h 0 e n d e i n 3 , 0 l i n 0 B 0 b o c l r v o o o u b F s e r a r e t a n d 0 0 m i v r c h v e r e i d n e . 0 s e r . i n e e t h a , 0 0 0 , 0 0 0 o n t h s r o 8 0 0 9 t h o u d e r a y e h k s , 0 0 0 , 0 0 0 f t h e m 0 $ 2 t s g m 0 , 0 0 0 r e 0 p n 0 $ e 1 o a n d 0 0 e n v o l u m n u 0 n u t i m J F 1 e t h i n g e p , e g t h t h a t e 3 9 4 , 0 , f i v e o p y e 0 7 e i l e e G t e a , B m 1 9 2 2 o y o n t h s b e a n d f f e d a a t o a $ t h 0 c e 1 9 1 7 l y e r c r o p t e f i d o a n d c o r l y c o d r r ; a r k e d p F m a a n d e w e 2 2 , t h , n 1 9 f g m a n o t s e l d r i n 0 f T h e i t h t h 9 i c t h t w e 0 , 0 e g u e t $ 4 8 3 , 0 0 e n t 0 0 0 , 0 0 0 . p a r e d o 2 5 0 d c t h $ e , 0 i t h r d n s w i s c o b n $ 3 i n t D i n l a r s U p p s r c c o m t e o v e r n m a o e u a b 0 t h G l a 0 t h d 1 3 9 2 7 9 , 0 e i n $ 7 1 $ g s e e . g e t i o s t o v d g r i n i t , i n y i n o u h n e r e n d b e i n a e n d , u e a b o u t i n n o t h e g l d f i v e b e r o t c y a n g f e r e t e d a n t i o i n e g s e m s b o n a f b c i n w t o l a e h p n e p r e n t h t h c e i n t h f f l e c a a c c e e o y f s u m r a n d s t s i c h a e s e r v m g r a l f o e e t h e d t h t h c a m t a a f t r a d e < i s h h n e d e m a t t i o e b p b y i n n d t h g e n n B t i n s c n s e o i n e i n a u s e a n t h o e g s e e g e b c r e a e n i n . a c r e t h t h s r e i n m h o R 1 9 2 2 . p t o t h m i r d l d m p f r e o t e v e l o e g t n d l 2 8 , 1 9 2 2 . e g a n a n e r a b e r D U R I N G e t h i d f t h k p a b 1 9 2 2 a n r a t h a e a r i r g w t s b e g i n f e o n b a n d a o r t s e k s s e t y i n F r o m r v o u a c t h s o o i n 2 1 b o n t h s m a n 1 9 s ; i e d o n t h s , t i o s w e i m i t g a a n u r s . s f r o m l e f a b a n d a t o e r e e g r i s i n u y e e c e m B A N K I N G - t s r v e 7 3 3 , 0 0 0 , 0 0 0 c o d t e m e n g D n c r e m t h u a n d e n n e e v e l o p n a l o h R E S E R V E i n p a n r d t i n n a c c o m y d t o e d c e f r o m d r v y e r e d r o c o s e c o n o p e v y T h e t h c r v p e e r b s i t i o s u v e r s e o g e e a e e d c l y i n s r s e ; e s r e , a n d t h c r e l t e r r o s t - w i d i o d o o e r a d o z . F E D E R A L F . 3 2 5 5 * e 2 y > o i s c o n e y o f 4 8 3 , 0 0 t i n n t s o u t a y i s r e p o r t e r e c r e d b y t e m b e r o n t h s u t o t h e G u u t h e f i s r e d l e b s e c r e d s l y d o n r a n i n c r e a b y t h b y t h e s t o o d s e i n e c o o v e r n m e n t w h e n r l y a 1 3 , d u y f r o m a e d c e d e d i v 0 , 0 0 0 F n t h e d s i d o b e y e r a l e r l i g s t.3^55. - s t o o d r e l a t h $ a a t t i v t o e l y t i m 1 2 7 , 0 0 C f l u $ L c 2 6 3 , 0 e e 0 a t n a , 0 0 r t i o e n s , 2 t e m a t w h i c h i n d a a a m o r e t e o d f $ a n o b a n w d s e e , 0 0 t i o r . y o e a o l d e a k s h o n b a n d e t h e g 1 9 1 8 u a r y 4-. o f t h t h e 0 0 b , a i n o v e m e t h r s s e r t i f i c a l l a t h e h i g h e w i t h l i 2 2 c a s h e s i n c r e a d u r i n g t h e e s 9 o w a s g s 0 , 0 a c c o b t e w a b s e T m e e s a s t h e u n r e a b s u l t e d a g d a e n o u b 0 d f i n t s i n c h a n g e t l i r g o r y b p 0 i r e m 0 , 0 0 0 , r y $ 1 6 5 , 0 g y a n c J a n u b y e 0 T e t h t o r a e w e p E l y n r 0 O e f i v f t n t h e c a d s c r e a s e b e r 2 7 , c t o b e r o a n r g e e h w w e e k s . o l i d a t i f i c a t e . i l y a f t e p a r e d w i t h b u t w s h e n t h l i g e r h t t o n t a J t r a o n p a r e d d e y t h c o m f J a i t h t i o s t o o d , t e 1 6 , i z a o ^ c o m a b o v e 0 e n d t u y 0 4 n a t o c - u t 0 i s u t i l e f l u , 0 0 0 , 0 0 0 0 r e d , 0 h r o a t s t e a d i l y , i l , 0 a r y t i o e 0 t i f i c 0 9 e c e m t h f o r i n d t c e t s f t e t n e J a e w d i t h e r e s l t e l a s t r e p a r y 4 - i n c r e ^ a n o a r t s e r . a r . a u a n d . $ 1 3 e r e n o s o l d n u , e g a n e o e 1 1 , 0 n D p c e o n s i e d $ e , n e s e t J u n s e t k s a c r e a i t t m a n , 0 0 0 , a o n t h o , 0 0 0 , 0 0 0 . i n i n i n s t l e 3 k y e b t h i n y e 0 e r a n d a n 1 b t h t d P t h d $ 3 e o f 6 5 , 0 0 p t o r v i d r e q c e f m e , 0 s e 0 y g $ 0 r e o 0 r v y 0 p r e d a t t i n b , 0 s e c u 1 9 1 9 h e n g r v n o i n e s e w e n s l i n d s i n e e s e f $ 2 4 6 , 0 0 0 r e , 1 4 - i s e e g 3 r e i l y o $ l d t h l s 1 1 3 , 0 a r d t i l t a e d r v t h e b e r o a n d n f t c u $ d r i t s h d e r e k a c r e f r o m s t a n i l v a o s r e $ 8 4 , 0 0 0 , 0 0 0 r i n s h o w ^ a a i c h a n d t o , 0 f r r e r T h e w n 0 N n y k a r e m g , l e d s i t i n e c h J a 1 4 w 0 o l i m o n e s e r v e t h e t e s , t e w 8 1 2 , 0 0 0 , 0 0 0 i t h u c G R e u t h o u n t . o u t y l l o f r r o r v 0 f r o m 3 f o ’ h s , $ , , 0 0 e d e e k s 0 e r e a r e a c h w 0 c ^ a n d a s h t u p 2 s f s r c h a s e d d c o e d i n e 0 i n c l i n 0 , 0 F e T h e t h s e e c u p e b r a i y n c y a n A c t , t o t a s i l v e r i n g t h e d o r w e y i n a r , a t h l . r e l i t t h t e t r r e o f . s a f i t t m r s d d 0 o u l l a e 0 l i a e n d o f t h g l a n d n . a t o s 1 2 , 0 c t i o e l a $ e s d e r v o f a r , e e r e c o m s e d e t h e a n d t o r o u o f g h t h e b a n k t h t k u t h e n d c r e a b i l y e d r a e p c l i n p s e r v p a r e l a c i s s u e i d e e l y d o i e S t . 3255a. Released for publication Friday morning, Dec. 29, 1922; not earlier. R E S O U R C E S O F T H E T W E L V E F E D E R A L ( I n R G G o l d G L s e o t a o l d g r e d c e n t h l d F e e n p E d e r t i f f u a n k r a R s e r v e n e l f u d e r v e r g a l t e n d e r n o t e s , r e s e r v e t h e r l l s 5 $ n A l l l l d e r c a l T o t a l k p r e m R e d e n R . o l l e o t h r a a n p r e a i t i o e s o T O T A L L I C a p S u r p D e p A i t a l u o l p s B I a i d e n t e m b a n O t h b e r e r T o F , R . n F . R . B e t l i f e r r e d A l l R E S E R V E B d s o D e c . B f d o I E A S M l l a r s S COMBINED. ) 2 . g e n . ■ . . r , e . 7 8 3 , 4 0 5 , 1 9 8 , 8 4 6 . 3 , 0 c . 2 0 . 2 2 . 1 8 4 0 , 4 3 9 3 • 3 , 1 4 8 , 8 3 1 6 , 4 9 5 3 1 3 , 3 9 0 3 7 2 8 . 1 9 2 1 8 1 3 . 4 9 4 5 3 4 , 0 9 9 8 3 , 5 7 5 7 , 6 5 4 ^ , 0 „ - e c . 1 , 0 , 1 1 7 8 D 2 . 5 8 9 1 9 2 2 5 8 , S 2 5 0 • . t c 2 3 9 . 5 8 . t s 7 1 9 2 2 5 0 o a r d . . 2 7 . 4 8 8 1 , 8 , 9 1 0 1 1 0 , I j S . , 7 0 9 6 9 2 O , 9 i i 1 5 , 0 1 0 4 6 6 1 0 6 4 1 5 , 1 5 S , 3 8 9 . 2 2 1 , 8 6 9 , 6 0 0 1 2 2 , 6 0 0 2 , 9 9 2 , 2 0 0 t m t e s o a e t b l i g d a t i o n s . . . . . . d s e b ( P t e d n i t t m A s s e t s g a i n . a t e s ......................................................................................................... T 1 , 3 n 3 E 4 4 5 1 , 7 0 7 5 1 . 7 2 8 8 6 7 , 2 8 6 1 7 4 , 9 5 8 1 4 , 0 0 4 , 2 5 2 4 8 7 , 1 9 3 6 9 2 , 6 4 0 1 1 4 1 , 2 9 4 5 9 , 2 4 0 , 0 7 3 , 4 7 2 2 2 , 1 0 7 , 2 1 2 2 6 1 , 2 9 8 , 5 5 2 4 7 , 1 8 1 2 , 6 5 7 1 1 9 , 5 0 0 6 ‘ 2 _ 1 , 5 , 4 0 7 2 _ 2 3 4 3 5 3 , 8 5 5 , 0 1 1 5 t 2 , 5 2 0 7 5 7 , 5 0 ............................................................................................. I 2 , 8 4 0 ......................................................................................................... s , 1 9 266,691 . . . d r c e 9 . ....................................................................... s , 1 7 8 0 2 12,000 c t ) . n I 1 7 ............................................................................................. a 7 6 1 4 3 0 e s s : a n .................................................................................. s 8 .................................................................................. i n e 3 2 4 6 . 2 9 3 .................................................................................. s s g 3 ...................................................................... a r k e t f t o d ............................................................................................. 5 .226 1 5 , 0 5 , 4 1 1 1 0 7 , 2 5 , 3 7 5 0 9 , 3 9 1 4 , 8 4 0 7 9 , 2 9 . 5 , 2 2 7 , 8 5 5 9 2 9 .. 5 9 6 , 7 6 6 _ _ 2 0 x 5 Z S , 1 5 1 , 3 3 0 6 S ..................................................................................................................... 7 , 2 6 1 1 0 1 5 , 3 9 S 2 1 0 6 2 2 1 5 , 3 9 8 , 1 8 6 , 8 2 4 7 1 , 6 3 4 , 6 6 6 , 0 1 8 1 3 s i t s : o v e r n m n e R E S O U R C E S i I T .................................................................................................................................................................. G e u L M D o I L . ......................................................................................................... . . . ........... . i t e m r e A ... B . e n t t e n s i n f u n d e r a s n a n k t e r r n s n a i f i c t i f i c w B c e s a n ...................................................................... u o t e t s . i l v s h n a r u ........................................................... o p e n o n e s . R . . o v e r n m a n d c . F . . s i s c o i n t i f i c o I A : G s d s e r c t e d . i l l s i c i p F . U n . S e - y e a r t h n a n b C n O u i b o n S . O b t a l S . U . u U b o u g h t o U . i s c o b y s e n l d d s b o l e b y g t a t e l d l o a - t i o n i c d e t h L S t a T B l d m o C o O M o R T S e c . i g i t h i l l s B U t t l e T B O l w o l d e S a n d o l d T G E A N D o t h d e t a l o t e a n e r p s n p i n a o s t e l a i l a l i a T O T A L i s e . o i v r e i t s e s b a o d k a ........................................................................................................................................... k s c r v i t s t u a l c c i r y b b i L I A u n t . . l i t l , 8 6 0 9 l , 2 8 1 i r c c l a u u l a t i o t i o n n . i e I L i t e m s I T s 4 6 , 7 1 5 0 , 2 0 5 1 2 6 . 8 7 2 . 1 , 9 0 0 , 2 5 5 1 , 8 2 6 4 , 1 2 1 2 , 4 , 4 8 5 1 , 9 6 5 , 7 9 1 1 1 , 7 6 4 , 5 2 4 2 4 3 , 4 9 7 , 4 1 0 ........................................................... ........................................................... I E 1 , 8 _______ ........................................................... . . S Ratio of total reserves to deposit and F.R. note liabilities combined . . . 7 , 8 . ......................................................................................................... i l i t y B a c c o ........................................................................................................ i n t e 2 2 9 . 2 4 7 0 5 , 4 7 2 . 1 $ , 3 1 2 3 2 , 5 0 . 5 , 6 5 7 8 1 1 , 4 9 9 8 4 , 5 4 8 576,997 2 5 , 2 8 7 9 7 2 . 4 , 2 . i 4 5 8 7 4 9 9 8 5 , 1 5 7 2 , 9 6 0 J 6 7 1 , 3 0 6 1 <L - 1 % R e l e a s e d f o r p u b l i c a t i o n F r i d R E S O U R C E S a y m A N D o r n i n g , L I A B D I L I T e c a n i ) e r I E S O F 2 9 , T H E 1 9 2 2 ; n o t F E D E R A L e a r l i e R E S E R V E r . o B A N K S A T C L O S E O F B U S I N E S S , t . 3 ‘+ 5 5 b - D E C E M B E R 2 7 , 1 9 2 2 . ( I n R F e e r a f - n l d a n O o S r o l d T L o " R d V o l l i t h r T l d ^ g w e s e r v e c e o T l d h e F R J t i t a l o d d r g a l t e n d e r n l r e s e r v l l s d i s c o u n S r e d i e c u O i t a t h o b b o u l b i l U . b o n d s t a S . U , S . O n O C i y e r l l s T b l e r e r c r v e t e s , t e d c r t i f 1 5 a n E . B e a r d e r , e t c n , 9 4 1 2 1 , 7 3 2 I S b 2 Y o r k . 6 4 4 , & o 6 3 0 8 , 4 0 1 5 0 , 2 2 8 7 0 9 , 0 9 . Q 7 4 ' i 0 . 2 N e w 8 2 i l v s t o 2 k s s G o u n v t , t e o p e n 4 , 1 0 8 7 . 9 7 1 2 o b l i g a t i o 2 n d m a r k e t h a n d n t t s o 3 , 0 4 1 , 0 M 2 8 2 5 1 , 0 , o h 5 . C 1 9 , 2 5 6 1 3 1 2 . 9 0 9 8 2 3 3 9 1 8 2 , 1 6 5 6 , 1 0 « « 1 * : < 8 0 0 , 9 8 2 5 , 4 8 7 1 3 . 8 8 7 . E R i c h . A 5 , 5 4 1 4 , 5 t l a 9 5 8 3 2 7 6 2 0 , 1 3 2 3 , 0 8 6 6 5 , 0 0 3 1 0 7 6 4 4 . 0 6 1 9 , 1 9 6 2 8 5 , 8 2 6 5 . 0 5 0 8 _______ 2 2 9 0 , 8 7 6 s a n d s o f d o l l a r s ) S 7 , 9 3 6 7 2 3 7 , 0 e C , 3 3 8 £ 2 2 3 , 2 0 0 2 8 v R 4 . 6 3 8 9 1 U l e 2 M , 3 i l a O 0 7 7 , 6 5 P S o u 1 3 * 3 3 2 n , 5 H J 0 , 3 t a 4 C 2 P 2 . 4 8 9 6 , 4 8 , 5 2 5 1 4 9 2 5 , 0 2 4 0 8 0 4 2 . 5 4 2 5 1 1 , 2 7 7 . 1 3 , 5 t . L 7 , 4 1 7 , 1 6 5 2 9 , 8 S 4 , 5 1 9 5 , 2 7 6 8 1 , 4 , 7 2 ‘> 7 , 7 9 5 4 _______‘ > , 2 3 6 9 _ 1 1 8 i c a g o 5 0 3 3 , 6 6 h u 4 3 i s M 7 i n n . , 5 8 K a n 1 2 * > 3 3 s . C , 6 2 9 , 6 y . D 1 ^ 1 0 5 ...- l l a , 0 ^ , , 8 7 6 3 0 , 0 7 4 3 2 , 0 6 2 2 , 7 0 , 5 2 2 4 6 , 3 7 2 5 2 , 2 5 0 2 2 , 5 8 2 . 3 4 5 3 . 5 9 3 2 i . 1 B 4 , 7 ‘> 3 5 ------------ 5 1 0 2 , 1 5 , 9 8 0 , 0 3 9 -------------------- 8 ° 8 0 0 1 , 5 4 9 2 1 8 , 8 8 3 6 , 6 3 9 3 3 4 2 2 8 > 1 8 5 9 , 7 9 9 * 0 3 3 9 , 9 Z 7 2 T . F r a n 7 1 4 6 * 3 7 5 2 , 7 4 ! L 3 l 5 2 , 7 3 t a , 8 W , 7 8 3 , 4 1 9 2 5 3 , * > 8 ** 3 , 0 2 3 5 6 o ? 8 2 u n T B i c i p o t a a n k p 5 $ R U n A l l c o o l r e e d F . a l w e a r n m e m e t e s i f i c o a t a e f t i n e s d e b ( P t e d i t t m n 1 2 3 6 3 9 , 6 4 , 9 3 5 1 9 2 3 1 4 , 0 2 0 2 5 . 7 0 6 4 5 , 7 8 9 2 2 . 8 1 7 9 5 , 6 7 7 1 9 , 5 9 9 7 6 , 4 5 7 , 2 8 2 4 2 4 , 3 2 , 3 0 1 , 4 9 7 2 1 8 4 s o i c 5 , 0 0 0 p l l e c t e r i n n g t i o n B e r r a a n k d r e o A 2 5 , 1 4 7 2 , 5 3 4 5 3 . 3 0 2 5 1 0 3 . 9 & 3 5 1 1 , 8 6 9 3 5 3 , 0 3 6 2 9 , 1 0 1 , 8 1 3 2 1 , 6 1 4 1 0 , 5 7 9 1 1 , 7 8 5 1 4 0 , 2 4 7 9 , 2 4 1 1 4 3 1 , 3 6 0 4 ^ 9 , 4 1 2 s 4 , 0 5 4 7 2 , 1 9 5 0 0 5 0 0 3 , 0 0 0 7 5 0 c t ) s s e 1 2 t s o u n d a g a i n s , 3 5 3 4 0 i P , 4 g 3 9 . 3 2 , 1 4 8 , 8 3 , 7 r c 7 e 6 5 , 2 3 3 5 0 7 , 2 0 1 7 , 7 5 0 1 0 1 8 6 , 7 6 0 6 3 9 1 4 9 7 5 4 2 2 s R E S O U R C E S S 3 1 6 , 4 9 5 3 1 3 , 3 9 0 7 6 , 6 3 2 5 8 9 6 1 6 7 2 0 1 3 , 6 3 8 6 2 1 2 , 6 2 , 5 6 2 4 2 , 8 1 0 2 1 6 , 7 6 1 1 , 1 0 , 9 9 4 7 , 2 7 0 1 , 6 6 7 9 , 1 7 , 9 , 7 1 , 0 9 9 2 7 4 0 2 3 5 6 1 3 2 0 , 6 6 9 3 0 , 8 3 8 7 9 2 9 7 , 4 . J , 2 L 0 J 2 2 , 6 2 8 5 6 , 7 2 2 3 8 , 3 0 2 2 4 6 , 2 9 3 . 7 7 8 , 5 8 8 9 2 , 6 2 3 7 , 5 9 1 s 1 1 , 5 8 L 7 0 7 6 1 7 1 7 9 , 1 7 s , 1 9 2 1 9 , 8 2 6 , 0 7 0 0 2 , 0 3 7 0 1 , 4 5 2 1 3 , 7 8 8 5 0 0 5 7 1 1 2 2 , 4 9 9 1 , 6 2 1 4 5 0 0 7 8 , 3 1 , 3 1 7 1 0 3 2 , 1 5 0 1 2 , 0 0 0 2 6 6 , 6 9 1 4 0 1 1 9 , 0 3 0 1 3 6 , 2 0 6 7 , 0 4 3 6 7 , 0 5 2 2 7 , 5 1 4 2 , 9 2 0 2 1 7 , 1 1 0 9 , 2 5 1 7 , 7 8 1 7 3 , 9 2 9 7 7 7 3 5 , 2 2 7 1 , 0 1 1 , 7 5 5 7 2 4 , l b 9 4 9 , 0 3 6 2 9 , 0 1 2 5 4 , 6 7 9 1 , 7 8 1 , 3 0 3 4 , 1 0 4 7 , 2 1 2 7 t 3 s 4 T O T A L 7 t e s i t e m s 5 , 3 4 6 t s a f u n , e s s : a n i s e s R . t h a 5 S 4 0 M l a ----------------- 5 S L I 2 S _ 1 T 2 2 , 1 7 . W 0 _ * > 7 , 0 7 9 l f t .........- 6 S a n 5 7 2 . 3 s 4 6 6 1 9 8 6 a 7 9 5 2 o : i s c o a r e 2 o n e t B t s s S . d t i f i c e e a n d e - y e a r t h ? f F . b £ s s v i e a - g e n i n l b o i c d A s o a n k i f l d e s t t ^ U . l g h B r t o o e - T T B l t t a l d e B d E t h 1 9 4 1 5 4 4 4 6 2 , 5 0 , 4 3 1 1 , 5 3 0 , 3 5 8 2 8 , 1 7 4 7 4 4 3 2 5 , 6 2 0 , 3 6 4 1 5 , 6 2 7 , 6 1 2 5 9 , 3 5 3 8 , 5 4 3 2 2 7 , 4 5 5 9 , 5 9 6 4 9 5 0 8 9 2 3 5 4 2 2 0 3 , 8 8 1 2 , 2 9 0 1 9 6 2 3 b 6 5 3 3 , 3 4 0 6 9 6 5 2 7 5 0 4 6 8 6 8 8 9 , 4 5 4 1 9 3 7 9 2 2 8 , 6 5 5 1 3 , 3 6 2 1 , 7 3 1 8 1 5 , 4 1 4 6 2 0 0 5 1 , 5 7 7 2 8 4 5 2 1 9 , 3 1 4 1 3 9 , 7 4 1 5 9 , 8 2 6 4 , 8 9 1 , 8 5 6 6 , 0 4 5 "cL % 5 2 0 1 9 4 4 7 5 7 , 5 0 1 5 3 7 , 5 5 0 5 , 3 0 5 , 2 , 4 0 2 6 1 1 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 1 0 2 . 9 2 ^ 5 7 6 1 5 2 > 6 1 1 , 5 , 5 3 0 8 0 7 2 1 1 3 2 1 2 1 8 4 1 5 1 , 5 3 6 2 1 , 6 8 0 4 , 3 1 5 . 0 7 , 6 0 0 F * R . n o t e s o u t s t a n o t e s h e l d F . n o t e s i n R . a n b c d y t u i n l 2 g 2 c i r c u l a t i o n 2 r i B i l l s l l s U* S . d b i s c o o u g h u t n t e d i n , 5 4 ^ 1 2 2 7 , 4 1 6 , 2 1 1 , 2 1 5 0 2 , 6 3 m a r k e t C e r t i f i c a t e s o f in d eb ted n ess 5 7 , 3 7 2 2 , 9 7 5 0 3 , 7 0 2 , 0 , 1 2 0 , 2 1 0 3 . 3 9 9 4 1 4 , 9 1 , 3 4 6 2 2 6 0 . 8 8 1 2 4 2 9 , 4 9 6 1 9 8 1 , 3 5 2 2 0 . 2 7 6 , 2 5 2 6 7 , 7 , ^ 2 2 1 1 6 3 9 , 3 8 1 , 5 9 6 8 1 2 7 . 1 6 9 6 2 , 1 5 4 o 4 5 7 1 1 5 , 5 7 6 1 6 , 6 9 4 , 1 0 1 , 5 3 2 , 6 5 5 5 9 . 8 1 3 8 , 4 8 6 8 , 2 3 0 3 , 0 3 ^ 1 , 5 1 9 7 3 - 8 735 1 3 4 , 3 6 7 7,809 1 , 8 6 4 ,4 l 4 1 , 2 i t 1 3 M 1 , 5 2 3 1 8 3 , 5 8 2 5 9 9 . 0 0 n l 8 1 31,165 4 , 5 5 5 8 2 107,256 215 , 39s 583 5 1,274 , 3 7 100 2 7 , 5 3 2 4 3 , 6 5 2 1 5 7 ,5 6 5 15.199 1,076 3 2 , 4 9 9 , 6 0 8 7 2 6 8 4 3 , 0 9 6 9 6 0 , 0 2 7 2 2 8 , 6 8 6 2 s 4 7 , 9 1 * + 7 2 7 , 2 1 , 2 . 1 9 6 9 3 9 4,1 9 5 7 , 39^ 4 , 6 2 3 5 9 4 0 0 3 6 8 4 9 “4 4 7 , 2 , 5 7 4 , 7 9 9 3 * 6 6 8 9 8 1 , 2 8 3 , 2 9 8 1 . 2 4 , 8 1 3 7 1 , 3 5 5 , 8 4 2 8 3 , 7 0 2 2 , 1 7 7 3 4 9 5 9 5 6 3 , 2 3 8 1 4 7 , 4 2 5 2 7 5 6 7 3 8 4 5 5 , 2 5 3 1 1 4 9 4 5 8 3 6 3 . 3 5 3 7 0 1 4 4 , 1 1 7 5 2 7 3 . 7 2 9 7 8 5 d * * 3 6 . 1 * 6 5 o p e n 5 9 3 , 9 0 9 9 3 3 6 , ^ 6 0 4 , 3 0 Total 1 , 8 4 0 3 7 7 . 7 6 2 , 8 10,632 4 5 7 8 1 0 2 9 , 5 0 2 , 2 7 4 1 4 5 5 7 . 3 6 . 7 6 6 . 7 7 2 . 1 3 .* ! i D I S T R I H B 1 1 , 0 . 8 0 7 3 5 9 )allas San Fran. J A 0 » b a n k s a 1 0 2 , 5 4 4 4 , 6 5 9 2 3 5 9 1 , 5 ^ , 3 4 2 0 F E D E R A L P . E. 5 , 7 5 0 8 1 2 3 7 6 7 0 2 , 5 0 7 6 6 2 , 4 5 0 1 1 3 1 1 , 7 7 , 2 5 7 1 , 3 3 6 5 9 9 , 0 9 3 , 2 0 1 5 0 2 7 7 , 1 0 1 2 8 5 5 , 6 0 9 9 7 9 8 6 9 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 S 3 ,210 1 0 3 , 5 9 5 a y s 1 - 2 2 J T I O l i 4 5 2 3 2 1 , 5 O , 4 7 F 3 B 1 8 1 , 6 R E S E R V E 7 , S W , 8 2 . 6 I L N O T E S 7 6 , 6 8 1 9 , 3 1 2 7 2 2 5 7 . 3 L S , 1 6 U 4 . t o f 1 1 2 1 , 2 3 1 0 S . 6 0 9 5 0 * 7 3 7 3 3 4 , 0 7 O U T S T A N D I N G 0 2 1 3 9 . 5 0 * * 3 0 ~ , 9 8 . 3 9 8 1 2 6 , 3 9 8 6 . 9 0 5 9 C E R T I F I C A T E S d a y s 3 A N D 4 . X 9 3 8 7 2 U H , 7 . U 1 , 6 9 I N A C T U A L 1 1 1 1 5 i ; > * 2 8 . 2 9 8 O 1 F 5 . 2 6 2 9 0 9 7 , 2 6 0 , 3 7 2 * g ^ d a y s 7 2 6 9 2 7 3 , 1 3 3 * 8 3 . 1 0 6 7 . 5 9 7 6 0 , 0 2 7 7 2 . 2 3 0 A 1 T O 6 • 4 893 1.581 t 34r©i4- C I R C U L A T I O N 1 7 , 9 I N E E B ‘I E D 1 ' I E S S t o g 1 1 . 6 9 2 8 M l ^ U N I C I P A L t o 5 0 9 0 , 0 | 9 62,670 d ^ U 3 9 . 6 8 '.’ A R R A O T S a y s h / v i f ; , l l 6 O % 3 5 . 3 5 2 B T ^ 5 6 9 3 6 2 7 0 * 9 7 , 9 7 1 3 7 0 . * * , T o t a 1 1 2 1 M A v e r * > 3 ^ d a y s 112,350 2 ^ . 2 l 9 ^ 8 78,691 R e l e a s e d , f o r p u b l i c a t i o n F r i d a y m o r n i n g , D e c e m F E D E R A L b e r 2 9 , 1 9 2 2 ; R E S E R V E n o A G E N T S * t e F e d e r a R E l R S e s e r v O U e R A C g e n E t a e d e r a l R e s e r v e n o t e s o n F e d e r a l R e s e r v e n o t e s o f o r t s t a n o l l a R t e r a l e s e r v e n s e c u r i t y o t e s o G o l d a n d g o l d G o l d r e d e m G o l d f u d E l i g i b n p p q u o u n t r e a m s s - i r e h u F d a n d t s t a e i n t i f i c f u R . e r c e r F . p E e n a A m x c t i o - l e u B o s t o n S 3 , 1 0 N e w Y o r k 9 , 6 P h i l a . l i e r . C t h l e v o u e . s a n R 3 2 5 * 4 4 A T C L O S E d o s i c h f . d A O F o l l a t l a n B U r s t a S I N E S S , D E C E M B E R 2 - 7 , 1 9 2 2 . ) C h i c a g o S t . L o u i s M i n n . K a n s . C y D a l l a s S a n F r a n . T o t a 8 4 4 l S F C t r A C C O U M F S ( i n - a d g a n d B o a r d n e d r a i n g 2 2 e 7 3 1 , 5 2 3 1 0 2 3 , 1 8 4 3 7 , 3 6 0 2 4 5 , 4 7 7 7 , 0 2 2 9 , 9 4 0 7 6 , 6 8 4 1 3 , 2 7 5 1 4 , 8 ' 2 6 , 4 0 0 1 1 2 , 9 6 7 , 1 2 0 2 2 , 4 0 0 0 8 4 , 2 6 8 5 9 7 , 0 0 0 9 3 2 , 7 3 0 1 3 6 7 2 , 9 9 , 3 9 s 4 2 0 2 1 1 1 1 5 2 , 4 7 0 5 3 , ^ 9 , 7 1 0 1 9 , 0 6 0 1 6 , 9 3 9 3 , 1 3 7 9 , 2 4 3 , 8 0 1 7 , 4 7 1 9 0 2 , 6 1 6 5 6 , 5 0 0 3 2 , 0 0 0 4 9 , 3 6 0 1 2 5 4 2 , 7 4 0 1 6 2 3 2 , 3 3 6 2 0 5 , 6 7 8 2 1 , 6 3 1 1 3 7 2 , 7 , 2 6 2 1 1 , 9 7 5 6 3 2 7 7 0 :2 7 9 , 9 5 9 , 1 6 S ^2 , 2 3 5 , 0 9 2 : t e s 1 5 , 3 0 0 1 6 , 9 2 8 1 1 8 , 0 0 0 , 1 8 7 7 h 3 9 0 , U 1 5 l d o u n t 7 7 x 8 l d ^ 5 T O T A L 6 8 3 4 , 8 3 9 1 , 0 7 2 , 4 9 0 9 , 1+ 2 0 § , 5 1 , 1 8 , 0 , 4 7 5 0 0 6 4 1 6 , 2 1 2 0 2 1 2 , 8 8 9 5 9 , 3 6 7 3 , 5 5 6 5 6 0 , 2 1 6 6 , 5 1 5 5 , 0 9 7 6 3 9 - 1 1 0 2 0 6 , 5 9 s . 7 S 2 5 2 2 8 2 , 8 3 7 3 0 6 1 3 1 8 1 8 3 , 0 3 M 9 0 , 7 9 4 7 , 8 5 9 3 , 0 9 3 5 2 , 2 6 0 9 6 7 , 4 , 5 4 0 3 4 7 , ^ , 3 3 8 1 5 7 4 , 0 1 3 2 9 , 6 4 5 6 2 6 7 , 5 1 , 0 7 , 4 6 9 5 3 1 3 4 7 , 0 1 4 , 0 1 , 3 2 , 7 6 2 , 8 0 1 3 , 3 2 1 9 , 2 9 7 7 2 , 2 4 3 1 3 - 5 2 7 , 5 7 7 3 , 2 6 1 1 , 9 7 5 9 2 , 8 8 7 1 2 1 7 3 5 3 5 1 3 3 , 0 9 0 1 0 ]1 , 7 1 2 , 0 9 9 1 8 5 , 4 1 4 7 7 , 2 2 0 1 , 3 6 1 6 1 4 , 6 6 0 , 7 4 0 3 3 3 , 4 2 9 jS , 6 7 9 2 5 2 2 1 , 2 1 6 1 2 0 , 2 , 7 5 7 3 0 , 5 0 , 6 , 3 1 4 6 3 6 , 2 4 6 0 2 0 0 , 6 8 7 4 9 2 f5 , 7 1 5 , 0 3 9 t L N e t n a m o t r C o t e o l l a F I f e d A o u n t s r l l e r t e e B e I f F e e d f r o m o f t h e C c i v R i b l e o l d l r e e e s e r v e E i v l d I e a l i g T o r G I c r a E L e e r a l S R ' e s e r v e C r a n p - u r r e n c y ; d B 3 1 0 a p e r T O T A L 1 , 1 3 3 , 6 2 4 9 , 3 0 2 2 0 6 5 , 0 0 3 3 , 5 2 7 5 1 0 3 , 6 6 s 4 4 0 , 2 5 7 , 7 3 2 . , 2 6 0 f r c m a n k ; 1 5 0 p 1 5 9 5 , 2 2 8 7 0 9 , 0 5 9 , 6 1 6 6 , 0 2 0 6 5 , 9 4 3 1 2 5 3 4 , 8 9 0 7 7 5 5 6 , 4 2 0 2 , 0 5 6 , 2 6 , 1 1 0 1 0 3 8 , 3 2 6 3 5 9 3 , 0 9 3 5 6 2 6 0 , 2 3 5 , 5 4 0 1 2 3 4 7 , 4 6 7 1 , 0 0 5 , 2 1 6 7 2 , 5 2 2 4 6 , 3 7 2 5 2 , 2 5 0 2 2 , 5 8 7 9 9 , 2 3 1 4 2 , 7 6 0 2 0 , 0 8 2 3 0 , 8 3 7 , 4 3 4 5 6 , 6 7 2 0 6 1 2 5 3 , 0 1 ** 1 3 9 , 2 9 7 1 8 1 , 9 3 8 7 5 1 2 , 7 6 0 2 , 7 4 7 2 , 5 1 2 1 4 , 6 9 2 2 3 6 , 9 3 3 (5 , 7 1 5 , 0 3 9