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STATEMENT FOE THE PRESS
Released for publication
Friday morr.inr, Jan. 20;
not earlier.
St* 3562 ,
Federal He serve Board,
January 19, 1922.
CONDITION OF FEDERAL RESERVE BANKS,
Aggregate reduction of $6 4 ,1 00 ,0 0 0 of Federal reserve note circula
tion in conjunction with a decline of $65 >500,000 in the holdings of dis
counted and purchased b illt: and an increase of $ 8 , 000,000 in total deposits
are indicated in the Federal Reserve Board's weekly consolidated bank
statement issued as at close of business on January IS, 1922.
Gold re
serves show a gain for the week of * 3 , 100 , 000, while other reserve cash,
composed largely of silver certificates and United States notes, increased
by $ 7 1 100,000.
The reserve ratio shows a further rise from 74.7 to 76
per cent.
Federal reserve bank holdings of b ills secured by United States
Government obligations were '.3 3 ,3 0 0,00 0 less than the week before, reduc
tions in the amounts of paper secured by United States bonds and Treasury
notes being partly offset by increases in the holdings of paper secured
by Victory notes and Treasury certificates,
Holdings of other discounts
declined by $ 3 4 , 900 , 000, while acceptances purchased in open market,
largely by the New York reserve bank, show an increase for the week of
$3 ,2 0 0 ,0 0 0 ,
Holdings of U. S. bonds and notes went up about $ 2 ,0 0 0 ,0 0 0 ,
a larger increase reported by the Philadelphia and Chicago banks being
offset in part by substantial liquidation of these securities by the
Atlanta reserve bank.
No change is shown in the amount of Pittman cer
tificates, ^8iile holdings of other Treasury certificates show a consider
able shift from the New York to the Chicago bank, though but little change
in the total.
Municipal warrants, shown among the assets of the Phila
delphia and Minneapolis banks, totaled $2 1 6,00 0 , the reserve bank of
Kansas City reporting liquidation of $150,000 of these securities during
the past week. Total earning assets, as the result of the changes indi
cated, were $ 5 7 ,9 0 0 ,0 0 0 less than the week before and on January IS stood
at $ l , 23b , 000,000 compared with $2 , 9 4 1 , 500,000 reported about a year ago,
Of the total holdings of $3 2 2 ,70 0 ,0 0 0 of b ills secured by United
States Government obligations, $ 2 7 6 ,9 0 0 ,0 0 0 , or 71,2 per cent, were se
cured by Liberty and other U. S. bonds, $5 S ,40 0 ,0 0 0 , or I 5.O per cent, by Victory notes, $ 1 3 ,1 0 0 ,0 0 0 , or 3 .4 per cent, - by Treasury notes and
$ 4 0 ,3 0 0 ,0 0 0 , or 1 0 .4 per cent, - by Treasury certificates, compared with
$ 306 , 200, 000 , $ 54 ,bOO,OCO, $ 32 , 900,000 and $ 33 , 200,000 reported the week
before.
Government deposits show an increase for the week of $ 6 2 ,400,000.
Members' reserve deposits show a practically corresponding reduction of
$ 6 1 , 700 , 000, while other deposits, composed largely of non-members* clear
ing accounts and cashier1* checks, show a gain of $ 7 , 300 , 000,
Federal reserve note circulation shows a reduction for the week of
$ 6 4 ,1 00 ,0 0 0 , conpared with a reduction of $ 44 , 200,000 for the correspond
ing week in 1$21.
Since December 22, 1921, the report date following
Christmas, a decrease in Federal reserve note circulation of $213,800,000
was effected, compared with a reduction of $ 229 , 400,000 for the corres
ponding period a year ago. Aggregate net liabilities of the reserve
banks on Federal reserve bank notes in circulation show an increase of
$900,000, though, according to Treasury records a decrease of $1,4 0 0,00 0
in the amount of these notes outstanding is shown.
A decrease of $124,000 in the amount of paid-in-capital was caused
largely by bank mergers in New York City, resulting in reduced capitali
zation of the consolidated institutions, also to smaller decreases under
this head reported by the Philadelphia and Kansas City banks.
Released for publication, Friday morning, Jan, 20, 1522; not earlier.
St, 2562a.
RESOURCES AND LIABILITIES
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED.
(In thousands of dollars)
R E S O U R C E S
Gold and gold certificates . . . .
Gold settlement fund - F.R.Board .
Gold with, foreign agencies . . . .
Total gold held by banks
. . .
Gold with Federal Reserve Agents .
Gold redemption fund . ....................
Total gold reserves ...................
Legal tender notes, silver, etc. »
Total reserves
. . . . . . .
B ills discounted:
Sec. by U .S . Government obligations.
A ll other . . . . . . . . . . . . .
B ills bought in open m a r k e t ...............
Jan. I I , 1922
382 , 13 s
469,367
502,010
251,227
224,142
644,264
1 ,942,657
1,5 10,561
92,202
100,220
1 ,2 2 6 ,3 0 4
164,601
2 ,S 9 S,o 92
2,29 5,53 9
2 , 095,769
152,211
145.705
205,462
3,0 5 1,50 3
3 ,0 4 1 ,2 9 4
2 , 30 1,231
322,672
525,150
94,944
427,476
5b0,01S
1 , 0 56 ,117
1 , 426,912
26,754
167.950
1 ,0 74,24 2
2 , 650,979
60,122
52,150
25,913
113,000
1 1 3 ,000
54,040
259,375
Total b ills on h a n d ........................... 1 ,0 0 3 , 76b
U. S. bonds and n o t e s ................... '. .
U. Si Certificates of indebtedness:
One-year certificates (Pittman A c t).
All other ..............................................
I.amicipal w a r r a n ts ..................................
Total earning a s s e t s ...................
3arik premises ....................
5$ Redemption fund against
F. R. Bank notes . . . .
Uncollected items . . . .
All other resources . . .
TOTAL RESO U R CES...........................
Jan. 21, 1921
Jan. 18, 1922
3 3 2 ,4b0
53,247
216
1 ,2 3 5,95 7
3 5 ,7 2 0 - ^ ^
220,239
421,325
JLlQ g
5.256
____________ 1 1 5
2 ,9 4 i,5 2 S
1.293.823
3 5 ,« £ - '
w
12 ,2 15
7,271
5 5 * . 362
7,939
542,436
1 2 ,-g
12,620
666,452
___ h j U l
4,2 9 2,09 0
4 ,9 3 9 .3 2 2
5,946,979
103,020
103,204
215.398
853
202,036
-
15,229
32,603
1 , 735,563
..... 26,055
1,765.225
25.204
L I A B I L I T I E S
S u r p l u s ............... ... .................................
Reserved for Gov<t. franchise tax . .
Deposits:
Government ..............................................
Ifember bark - reserve account . . .
All other ..............................................
215,393
996
77,734
1 ,6 7 3 ,3 2 4
99,962
Total deposits ..................................
1 ,7 24,295
1 , 776,907
1 , 823,032
F,R. notes in actual circulation . . .
F.R. Bank notes in circulation net liability ......................................
Deferred availability items ................
All other liabilities ...........................
2,2 2 9,67 7
2 , 293,799
3 , 115,290
$4 ,3 7 2
463,82 6
15,400
S3,977
449,455
__ 15.J2S.
207,365
472,616
2 6 , 67 s
4 ,2 9 2 ,0 9 0
4 ,9 3 9 ,3 2 2
5,946,979
• TOTAL LIABILITIES
.......................
Ratio of total reserves to deposit and
F.R. note liabilities combined . . .
7b. Of:
7 4 .7 ^
* 4 2 .556
♦Calculated on basis of net deposits and F. R. notes in circulation.
Released for publication Friday morning, January 20, 1922: not earlier
RESOURCES AND LIABILITIES OF THE FEDERAL RESEHVE BANKS AT CLOSE OF BUSINESS
Federal Reserve Bank of
Sold and gold certificates
Gold settlement fund - F.R.Board
Total gold held by banks
Geld with F. R. Agents
Gold redemption fund
Total gold reserves
Legal tender notes, silver, etc.
Total reservesB ills discounted:
Secured by U.S.G $vt» obligations
All other
B ills oought in open market
Total b ills on hand
U . S. "bonds and notes
U. S. Certificates of indebtedness:
One-year certificates (Pittuan A c
A ll other
Municipal warrants
Total earning assets
Bank premises
.
*
% Redemption fund against
F, R. Bank notes
Uncollected items
A ll other resources
TOTAL RESOURCES
Boston
2 7 '7 8 4
New York
---gL.llb
35,1 8 1
3 7 5 , 8b 5
R E S O U R C E S
Fnila. Cleve.
Rich.
7
Atlanta Chicago St. Louis Minn. Kans. Cy. Dallas San Fran-
2 ,5 3 1
41.680
7,8 2 1
13,661
10.144
3b.b 65
332,460
4b9 . m
33,539
3b,39S
4 4 ,2 1 1
17,9b5
55,32b
351,327
66,737
3,075
24,306
2.036
2 7 ,7 7 5
2 ,9 0 6
10,442 227,173 1 .9 4 S ,657
2 .653
6.349
9 3 .208
103,351 62,790
6,902
5.3 2 8 lo .55b 13 ,2 5 1
6:
71,193 7S,b7b 447,153 116,602 63,463
7 4,392
31,065 2 S 3 ,34S 2 ,3 9 3 ,6 9 2
n?S
54,049
1 8 ,5 -3' ' 2,7 7 5
50 ,3 b l 19.455
5 ,3 2 5
16.52b
3,410
2 2 ’229
68.219 .3 0 ,1 2 9
55.939
62,374
2 1 ,3 5 1
90,443
-1^»000-- b_,850
—
-- 52^523— 10,224
7.449
233,200 1 , 155,302 221^123 247,5bb
22,230
3 1 , 021+ 45,234 313,165
11.017
64,29 1
5.713
lQ.Qgq
7 2 ,3 43 423,602
25*00^
“
U ’ 7?
S ’S 7
1 2 ,9 7 3
3 6 ’ 9146
5 5,0^6
3 ,if^
3 S ' 37S
50,5b9
179,863
33,509
95,423
88,929
3 ,4 4 9
353
9 ,270
5 ,4 9 7
1.233
7,452
8,450
35,400
19,710
10,000
8 ,0 4 0
535
3.760
2 ,5b 4
1
235,831 103,007 109,495
9 3 .922
_ J ’^ 2
2 3 ,1 1 7
85,535
4 ,821
S ’S S
3 5 ,6 0 7
37
191
6,813
-498“
faeo
422
1 ,6 5 1
53,955
117,658
>56_...
1,237
3 ,9 9 2
700
4 4,0 54
I/I
Total
27,239
k )1
ll*?»ll0 172,805
4 .4 3 3
21 7,71 0 1 ,103,279 210,399 2 4 0,11 7
— -'
s t . 2562b.
JAN. IS , 1922 .
(I n thousands of dollars)
UI ' ^ b
^ > 187
56,387
95,717
699
15,092
9 ,159
17,220 6,545
32,367 37,074
415
6 ,9 5 4
81,34b
5,77b
4.135
152.311
3 6 , 8 4 1 2 9 3 , 0 3 3 3 , 051,503
14,339
8,238 18,495
4 5,699 38,315 41,404
____ ___________ 15___ 9,33b
388,672
525,150
9 4 ,9 4 4
50,602
43,619
60,402
46,613
14,552
1,173
Hb
8,3 6 s
2,630
5,030
60,128
12,667
10,274
b,5b9
124
4,450
5,320
44
5
____ 25_
48,215 74,634
1,900
7,330
113,000
58,4b8
69,235 1 ,0 0 8,76 6
53,847
5 1 , 14 s
21b
82,145 1 , 235,957
2 ,5 4 5
1,043
7,073
643
823
4 ,567
2,0 3 2
810
3 5 r?2S-
539
188
504
1,665
523
213
• 91b
156
394
7 ,S ? l
54,139
44,000
>5,507
32,333
12,81b
37,268
26,168
37,995
554,3b2
234
162
_____ 142
2,600
5,850
______ 2 £ _
1,023 ..
.254
1 2 .be-
383,439 1 , 519,042 3b9,595 415,827 212,082 20 1,9 15 721,70 4 209,21b I2b,5b3
19 9,48 5 H 8 ,9 9 5 420,227 4 , 398,090
Released for publication Friday morning Jan. 20, 1922; not ea r lier .
RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS
{In thousands
1
.
' ^
^ ;
* Ii-I A B I L
Boston New York P h ila. Cleve.
Rich.
'■
■
■
*■ '•
• -' •
Federal Reserve Bank
Capi tal paid in
Surplus
Reserved for Govt, franchise tax
Deposits:
Government
Member bank - reserve account
A ll other
Total deposits
F .R . notes in actual circulation
F .R * Bank notes in circulation net l ia b ilit y
Deferred availab ility items
All other lia b ilitie s
TOTAL LIABILITIES
16,483
5°
4 ,1 1 1
1 21,953
812
126,276
179 >81+0
7,221
8 ,7 ,2g
1 7 , 9U5
93
60,197
123
11,13U
22,509
11 5
1+0,778
4,988
lf, 387
6 51 , 1+2 0 1 0 2 , 5 1 5 1 2 7 ,7 6 3
1 5,652
1 ,242
804
707,910 108,745 132,954
611,792 183,821 1 9 8 , 9 ^
AT CLOSE OF BUSINESS JAN. IS, 1922.
S t. 2562c.
of dollars)
I T I E S
Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran
Total
4,201
7 ,380
103,020
5>30
if, 192 14 ,3 12
4,6o6
3 ,5 ,> 4 ,5 75
11,0 30
9 ,1 1 4 29,025
9,328
7,462:
9,646
7 ,3 9 4 15,199
21 5,39 8
iUo
17 5
94
76
66
2
62
996
2.^30
3,2 2 7
3,522
*+3,861+ 230 , 1+59
359
2,591
55*SIS 1+7 ,5 10 236,638
99,206 113,283 377,213
53,739
Ul+9
3,341
66,297
839
70 , 1+77
22,61+5
21,556
87,357
3 , i 1+9
6 , 27 !+
43,021
5,721
*+3,695
87-6
75-6
74-6
45.9
I+8 .7
72*8
73.3
12,028
2,560
2,624
1,5 6 8
1 ,1 5 2
3,808
1,50 4
1,S ?2:
42,147
*+39
44,458
2 ,9 3 2
69,512
5^,377
65,123
638
73,082
4 ,721
2 ,0 9 9
77,73*+
4 2 ,4 1 4 12 1,6 2 1 1 ,6 7 3 ,8 2 4
313
9 ,199
33,337
44 ,8 26 135,601 1 ,7 8 4 ,8 9 5
33,l*+2 223,627 2 , 229,677
3 , 21+3
2,608
4 , 91+0
8 4 ,8 7 8
7 ,12 3
3 ,9 7 2 10,016
3,983
7 ,5 5 5
36,707 19,15*+ 52,863 31.M66 11,570 36,103 25,290 32,311
463,826
362
502
70U
4,004
812
15,400
1 ,16 7
1,077
1 3L
1 .53*+
m .
383,439 1 , 519,042 36 9,59 5 415,827 212,082 2 0 1,9 15 7 2 1,70 4 209,216 126,563 199,485 118 ,995 420,227 4 $98 ,090
41+, 289
7^5
Ratio of total reserves to deposit and F.R*
note l ia b ilit ie s combined, per cent
7 7 .7
Contingent lia b ility on bills purchased
for foreiga correspondents
2,336
6 4 .2
864
59.2
1,5 3 6
4 7.3
232
81-6
7 6 .0
1,472
3 2 ,2 8 4
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F . R. notes outstanding
F . R . notes held by banks
200,129
F . R . notes in actual circulation
179,840
B ills discounted
B ills bought in open market
U . S. Certificates of indebtedness
Municipal warrants
DISTRIBUTION OF BILLS, U- S. CERTIFICATES OF INDEBTEDNESS AND MUNICIPAL WARRANTS BY MATURITIES
Within 15 days
16 to 30 days
31 to 60 days
6l to 90 days
Over 90 days
Total
522,081
92,021
93,756
146,787
913,222
59,177
345
50,672
9,384
9 4 ,9 4 5
1 9 ,9 65
lk, 573
1 1,0 13
415
138,638
3 ,2 1 0
166,847
12,971
i4o
6
19
216
51
20,289
810 ,19 5 209,418 226,942 107,027 119 ,3 1 2 429,220 109,122 57,322 72,472
198,403 25,597
2 7 ,9 9 4
7,821
5,429 52,007 20,537
2 ,9■4 57■,2
_________________________________________________
_______
■ 8 9_
6 11,79 2 183,821 198,948 99,206 113,8 8 3 377,213 88,645 54,377 65,183
36,361 288,217 2 , 666,397
3 ,2 19 65,190
436,720
3 3,142 223,627 2 , 229,677
\
Released for publication Friday, t o m in g , Jan. 20, 1922; not earlierFEDERAL RESERVE AGENTS’ ACCOUNTS AT CLOSE OF BUSINESS JAN- IS, 1$22.
St.2562d.
(In thousands of dollars)
Federal Reserve Agent at
Boston
New York
Phila. Cleve.
Rich.
Atlanta
Chicago St.Louis Minn. Kans-Cy-
Dallas San Fran.
Total
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 and gold certificates
Gold redemption fund
Geld fund - F . R. Board
Eligible paper Amount required
Excess amount held
TOTAL
9,495
57.322
21,400
72,472
36,361 288,817 2,6 6 6,39 7
3^ 2,990 52,560 38,700 29,715 74,891
810,195 209,418 226,942 107.027 119.312
148,280 26,060
^ 29,220 109,182
5»600
18,222
140,000
296,924
18,375
34,490 12 ,7 2 1 1 U.U 30
381,000 135.389 lUo.ooo
5.960
>+,177
13,052
2 , 051+
2 ,4 1 5
56,600
9,200
25,360
42,445
8 , 10 s
33,016
8,732
44,697
1 5 ,583
35*707
l4 ,8 6 2
97,781
61,308
62,737
3 ,7 5 9
5^,137
Uo,863
2,729
g.Uoo
4 ,8 8 4
28,295
38,000
76,003
10,058
74,0 28
5>64i
15,521
302,644
111 ,0 5 5
48,867
39,640
11,440
109,680
200,129
.
904,851
...
349,013
14,024
128,523
1 ,484 213,1^9 1 , 1+7 1 ,1 2 1
6,702
2,256
25,919
20 , 420
61,644
7,169
7 1 7 , 7 k)
246,800
524,800 2,026,117 ^7 5.15 5 533,447 253.827 3 19 ,156 1,055,587 252,533 132,871 171,967 114,542 624,443 6 ,4 8 4 ,4 4 5
L I A B I L I T I E S
Net amount of Federal Reserve
notes received frcn. Car.ptroller of the Currency
309.809 1 ,1 5 3 ,1 8 5 261,978 265,642 136,742 194,203
Collateral received if ran
Federal Reserve Bank:
Gold
Eligible paper
164,422
50,569
TOTAL
7 1 2 , 4i4 l4 g ,1 1 0 172,805
160,518 65,067 95 ,ooo
31,024
86,061
1+5,284
7 9 ,6 69
577,500 135,242 66,817
3 18 ,16 5
159.922
66,737
50,554
24,306
41,748
83,9 12
57,761 328,457 3 ,5 7 1,24 8
2 7 ,7 7 5
10,442 227,173 1,9 4 8,65 7
96 4 ,540
46>339 62,813
60,280
524,800 2 , 026,117 ^ 7 5 ,1 5 5 5 3 3 .^ 7 253,827 3 19 .15 6 1 , 055,587 252,533 132,871 171,9 6 7 n 4 , 5 t e 624,443 6 ,4 8 4 ,4 4 5
STATilvffiNT FOR TH2 PRESS
Released for publication
Friday Horning, Jan, 2.1',
not earlier,
St,
Federal Reserve Board,
January 26, 1922.
C0” DTIT0'.' OF FEDERAL RESERVE BANKS.
Further reduction by $ 4 ^ ,7 0 0 ,0 0 0 in Fadaral reserve note circulation,
accompanied by gains of $ 5 , 600,000 in gold and of £ 1,500,000 in otfcsr re
serve cash, and a decrease of $ 6 , 100,000 in deposit liabilities are in
dicated in the Federal Reserve Board's weekly consolidated bank statement
issued as at close of business on January 25, 1922 ,
Ike reserve ratio
shows a further rise for the week from 76 to 7 7 ,2 i^r cent.
Federal reserve bank holdings of bills secured by United States Gov
ernment obligations were $ 30 , 800,000 less than the week before, larger
reductions in the amount of paper secured by Victory notes, Treasury notes
and Treasury certificates being offset in part by an increase in the hold
ings of paper secured by U, S* bonds* Holdings of other discounted bills
shov a decline of $ 3 2 , 900, 000, while those of acceptances purchased in
open market foil off $12,200,000*
Substantial additions to the holdings
of U, S, bonds and notes -were made during the week by the Federal reserve
banks of Philadelphia and San Francisco, the total increase under this head
being $ 5 ,7 0 0 ,0 0 0 .
No change is shown in the amount of Pitfccan certificates
held as cover for Federal reserve bank notes, while holdings of other
Treasury certificates reported mainly by the Boston, New York and Chicago
reserve banks, show an increase of $ 1 7 ,4 0 0 ,0 0 0 .
Total earning assets in
consequence of the changes indicated were $ 52 , 800,000 less than the week
before and on January 25 stood at $ 1 ,1 8 3 ,1 0 0 ,0 0 0 , compared with $2 ,9 0 8,90 0 ,0 0 0
reported about a year ago#
Of the total holdings of $3 5 7 ,9 0 0 ,0 0 0 of b ills secured by United States
Government obligations, $2 8 2 ,6 0 0 ,0 0 0 , or 79*0 per cent, were secured by
Liberty and other U. S. bonds, $ 3 7 ,8 0 0 ,0 0 0 , or 10.5 per cent, - by Victory
notes, $ 1 1 ,4 0 0 ,0 0 0 , or 3 ,2 per cent, - by Treasury notes and $2 6 ,1 00 ,0 0 0 ,
or 7 .3 per cent, - by Treasury certificates, compared with $2 7 6 ,9 0 0 ,0 0 0 ,
$5 8 ,4 0 0 ,0 0 0 , $ 1 3 , 100,000 and $4 0,300*000 reported the week before.
As against an increase of $1 8 ,2 0 0 ,0 0 0 in Government deposits, the
banks report reductions for the week of $ 2 1 , 500,000 in reserve deposits
and of *2 ,8 0 0 ,0 0 0 in other deposits, composed largely of non-members* clear
ing accounts and cashier's checks,
Federal reserve note circulation shows a reduction for the week of
$45 ,7 00 ,0 0 0 , compared with a reduction of $2 U ,5 00,000 for the corresponding
week in 19 2 1 , Since December 28, 19 2 1 , the report date following Christmas
there has been effected a reduction of $2 5 9 ,50 0 ,0 0 0 in Federal reserve note
circulation, compared with a reduction of $ 253 , 900,000 for the corresponding
period a year ago.
Practically no change is shown in the net liabilities of
the reserve banks on Federal reserve bank notes in circulation, though
according to Treasury records, the amounts of these notes outstanding shows
a decline of about $800,000 for the week,
St, 2574a
P.eleased for publication Friday morning, Jan. 27, 1922; not earlier.
RESOURCES AND LIABILITIES
OF THE TvJELVE FEDERAL RESERVE BANKS COICIHED.
(In thousands of dollars)
R E S O U R C E S
Jan, 25. 1922
Gold and gold certificates
Gold settlement fund - P.R.Board
Gold with foreign agencies
Total gold held “by banks
Gold with. Federal Reserve Agents
Gold redemption fund . .. ,..
Total gold reserves
Legal tender notes, silver, etc.
Total reserves
..........
B ills discounted:
Sec. by U .S. Government obligations.
All other ..............................................
B ills bought in open market . .
. .
Total b ills on hand . . . . . . . .
Jan,
IS, 1922
Jan. 2 8J_jSi2l
323,541
322 , 460
483,^22
469,367
199,269
461,523
.„ L i 2 0
866>763
851,227
664,692
1 ,9 3 9.79 2
97*693
•1,94S,657
9A 20S
1,228,450
2,9 0 4,24 8
2 , 292,692
2,106,137
154,607
15 2 ,8 11
213,837
3 . 058,855
3 ,0 5 1.50 3
2 ,3 1 9 ,9 7 4
357.921
322,672
492,252
22,709
525,150
9 4 ,9 44
1 ,048,768
1,407,707
165,053
932,222
1 , 002,766
2 ,6 2 1,53 3
U. S. bonds and notes ....................... ...
U. S. Certificates of indebtedness:
One-year certificates (Pittman A c t ).
All other ..............................................
Municipal warrants ..................................
65,761
6 0 , 12S
25,268
113,000
113,000
71,278
206
53,847
216
259 , 3 7 5
2,077
Total earning assets ...................
1 ,1 83,127
1,235,957
Bank p r e m i s e s ...................
5<p Redemption fund against
F, R. Bank notes . . . .
Uncollected items
. . . ,
A ll other resources , . .
12,228
35.720*
36,199
7 ,871
554,362
7 ‘ 8?0 ^
4 2 1 ,7§4r
12,719
4 , 720 , 5^ ^
2 ,908,253
12
4,
, ^9'"'
12,746
593,911
_
7J'
7,626
5 ,2 6 1,33 8
L I A B I L I T I E S
Capital paid in ...........................
Surplus . . . .
...........................
Reserved for Gov *t. franchise tax
Deposits:
Government ...................................
Member bank - reserve account
All other ..................................
Total deposits . . . . . . .
F.R. notes in actual circulation
F.R. Bank notes in circulation net liability
...........................
Deferred availability items . ,
All other liabilities
................
TOTAL LIABILITIES
Ratio of total reserves to deposit and
F.R. note liabilities combined . . .
1 0 3 ,0o7
215.39.6
1,332*
100,147
202,036
2 1 3 , 35 s
99b
52,138
77,734
i. 0
t 95*915'
1 ,1652, 30^ = ^
1 ,6 7 3 . - 4
1,731,823
im & t ie f- fr y
1,73 4,25 5
1 , 202,015
2 , 124,001
2 , 229,677
3,090 , 748
24,876
24,273
397.763
463,826
202 , 27b
429 , 3C6
24.054
22,310
15.290
4 , 780 , 5 2 ^ 0
4 , 893 , 050'
5,861,338
77 *2$
♦Calculated on basis of net deposits and F, R. notes in circulation.
*4q,o£
Released for publication Friday morning, January 27, 1522; not earlier.
St. 2574b.
RESOURCES AND LIABILITIES OF THE FEDEPA.L RESERVE PA1TKS AT CLOSE OF BUSINESS JAH. 25, 1922.
(In thousands of dollars)
R E S o U R C E S
Federal Reserve Bank of
Boston New York Phila. Cleve.
Rich.
Atlanta Chicago St.Louis Minn, Kans.Cy. Dallas San Fran.
Total
Gold and gold certificates
288,707
7,541
1 .9 7 4 I 2 ,b 2b
2,77b
5,174 22.41S
3,445
9,209
2,565
s.oss lg.oig
383.541
Gold settlement fund - F.R.Board
12,448
114,648 50,44b b l.g lU 25,811 16,358 -61,951 26,237 2b ,522 4b, 754
483 ,222
.3.,.958 52,495
Total gold held “by "banks
403,355 52,420 74,440 2b,5g7 2 1,5 12 84,369 25,682 35,531 49,319 18,046 5 1,513
1S,9S9
866 , 763 '
Gold with. F. R, Agents
lbO .ISl
712,130 142,761 17 2 , 18b 34,344 50,521 309,350 72,075 25,122 27,420 11,548 222,154 1 ,939,792
Gold redemption fund
4,966
■22,305
4,b52
. 15,000 _ J i J b 5 _
4,125 2 o ,b 58
2 ,7 18
1,155
2 .8 4 1
1.442
5,06b
97.695
Total gold reserves
202,475 1 , 130,485 19 9,94b 251,592 65,583 76,158 422,377 104,475 bl.sog 79,580 31,036 278,733 2 , 904,248
Legal tender notes, silver, etc.
Total reserves
B ills discounted:
Secured by U.S.Govt,
A ll other
. 24,703 —
5.° >3.g2— 10x19.0— S.. 159____6,968
22 7,178 1 , 180 , 8b7 2 10 , 13 b 2 5 9 ,75 1
obligations
7 2 ,5 5 1
3 2 ,76 1 39,253
146,099 46,419
-..~
<
r
_8 5 ,12 1 83,390 88,704
16,819
5.507
4.665
_______ _
154.607
13,869
671
7 .2 1 5
8 1,2 17 439,196 118,344
62,479
8b , 795
36,943 283,398 3 , 058,855
18,419
48,643
17,157
52,336
88,045
29,510
6,525
35,773
11,5 4 4
4 1,9 6 7
7,988
38,039
17,697
42,397
46,902
42,298
. 1
.
67,692
17,440
20,950
83,078
35,2 17
Total b il l s on hand
48,132
146,527
53,705
46,042
U. S. bonis and notes
3,449
858
ll,b 8 7
5,497
1,233
5,807
14,490
1 , 17 s
lib
8 , 8bS
2,630
5 ,5 4 8
65,761
3 5.400
10,000
27
8,040
3,7bO
8,564
12,667
1 ?,755
6,569
105
4,450
5 ,3 2 0
43
1.500
7,880
113,000
U. S. Certificates of indebtedness:
One-year certificates (Pittman Act)
8,450
A ll other
24,907
Muni c ipa 1 warrant s
Total earning assets
Bank premises
5fa Redemption fund against
F. R. Bank notes
Uncollected items
A ll other resources
84,538
27,901
57,416
14,900
5,059
74,206 150,163
l
. 535
.....191
2 10 ,bSb 107,026
97,462
93,697
88,578 195,079
46,879
b7,93b
50,572
7,083
643
828
4 ,697
2 , 0-90
510
1,665
523
237
9 1b
40,288
24,590
55,475
2 b,41b
12,0Q4
3 2 ,0 41
71
146
482
190
600
4,0b8
2,567
1,0 55
422
1,640
700
539
ISg
45,712
104,125
39,649
44,230
1,541
.. .125
104
.525.,
j
932,882 j
POh
54,754
6,924
, iyy
71,278"
15
4 ,8 3 4
357,921
492,252
136 t
2 i,iuer
555 _ _ 2 f 5
85,520 1 , 183,127
810
354
31,550
36,195
7 ’ S7%
4 8 1 , 75V
2,190
6 ,1 2 5 . _ 1 2 >719
363,609 1 , 505,783 358,236 406,154 209,362 196,096 702,984 200,870 123,472 192,650 113 ,0 7 1 408,237 4 , 780 , 5241
?0
1
Released for publication irlday morning Jan
27 , IS 22 ; not earlier.
RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSF OF BUSINESS JAN. 25, 1S22(in thousands cf dollars)
Federal Reserve Bank
Capital paid ia
Surplus
Reserved for Govt, franchise tax
Deposits:
Government
Member bank - reserve account
A ll other
Boston
7 .9 3 6
16,483
New York Phila.
26,952
60,197
95
> 97
10 ,169
112,908
4 6 ,9 20
652,341
13,030
852
Total deposits
F . R. notes in aciaaal circulation
F. R. Bank notes in circulation net lia b ilit y
Deferred availability items
A ll other lia b ilitie s
TOTAL LIABILITIES
St. 2574c.
Cleve. Rich. Atlanta Chicago St. Lou is
Minn. Kans.Cy. Dallas San Fran.
11,134
5 ,^3 0
4 ,19 5 1 M 7 9
4 ,6 c 6
4 ,5 7 6
3,552
4 , 1S4
7 ,3 7 0
22,509 11,0 3 0
9,114 29,025
9 ,646
7,468
9 .3 2 2
7
.3
9
4
15,199
111
176
212
114
175
110
130
i£ 3
*
^
9
6 ,4 8 1
4,661
2,294
3 ,3 6 1
1 ,478
2,989
7,713
3 ,513
z , m l 3,525
99,591 129,081 54,4 92 42,516 223,721 65,176 41,837
+2 ,i£gr 119 ,0 19
>9,393
1 .1 1 2
482
.7 2 6
2 ,500
-...738
401
■ 304
9 ,3 9 2
— 558
45,223 233,994 69,427 43,716
112,355 362,667
2 1 ,4 94
7 ,567
35,1 05
- 732
7 6 ,6 0 4
- 3 a P62
Total
103,067
215.392
1.332
2,737
1 7.9 45
6,883
57,310
400
5,791
35,830
3 ,1 2 7
7,193
53,627
17,108
4gg
— 7.05.,
7,523
45,249
.733 — Ll373
86,026
53,254
4,049
26,697
3,885
9,765
10,413 30,926
1,054 ___ 22L
.56.7.
363,609
(0
95,915/
552,304
30.578
31,5691 219,201
■)D
2 ,5 5 0
4,989
20,555
3,585
84,876
28,27
1 ,19
397,763
15.290
30
Ratio of tot*l reserves to ^p o sit and JF.R.
note lia b ilitie s combined, per cent
j S .Z
89-6
Contingent lia b ilit y on b ills purchased
for foreign correspondents
2,336
12,007
73.3
7 8.7
46.7
51*5
72*9
7 6 .1
2,560
2,624
1,56 8
1 ,1 5 2
3,808
1,50 4
6 4,4
6 3.5
864
4 8 .1
1,536
832
8 0.7
7 7 .2
1 ,4 7 2
32,263
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
F . R. notes outstanding
F, R* notes held hy hanks
1 8 1 ,STS
10,1-18
F* R* notes in actual circulation
17 1,76 0
804,438 205,469 221,823 104,347 118 ,6 15 4l3,4c6 107,720
Jr33 >5,5.6— 25 >8Q3— 26,352 -- 7j ?34
6,260 44,739 21,69 4
605,082 179,666 19 5,471
9 7 ,113 112,355 368,667
86,026
56,878
3,624
71,117
7,280
35 ,4 68 223,798 2,604,957
3 ,gqQ 64,597
420.956
53,254
63,837
3 1,569 219,201 2 ,1 8 4,00 1
DISTRIBUTION OF BILLS, U. S. CERTIFICATES OF INDEBTEDNESS AND MUNICIPAL WARRANTS BY MATURITIES
Within 15 days
"Bills discounted
P i l l -3 bought in open market
U* S* Certificates of indebtedness
Municipal warrants
480,944
46,045
1,150
13
l 6 to 30 days
31
60 days
86,170
16,316
143,918
4 ,3 6 4
20,765
141
2
12,833
6 l to 90 days
Qvar 90 days
Total
23,947
7 ,346
5 5 .1 9 4
8.50S
14f^9S
250,173
82,709
184,278
50
206
169
Released, for publication Friday morning, Jan. 27, 1^22; not earlier.
q, p^_,
FEDERAL EESERVE AGE1TTS1 ACCOUNTS AT CLOGS OF BUSINESS JAN. 25, 1322.
P ^ d*
(In thousands of dollars)
Federal Reserve Agent at
Boston
Ifev YnrV
l0rk
xi*lla* cleve-
-r.- ,
m c *.
Atlanta
.
C*xca3> St. Louis M im . Kans.Cy.
Dallas San Fran.
Total
R E S O U R C E S
X 2 --S 5 s
:
T t l l o u t^ d in g
M
Collateral security for Federal
Reserve notes outstanding:
^ > ,4 o S 2 2 l ,8 2 3 1.4,;,47 l±8,bl5
& £ I & S S i r S S 1" * * *
lu ’j s ?
E S s f c r ^ I r !• ° ° “ d .
1U0' 000
t l ' k 3l
t Z t ^ T L u .
TOTAL
^
i f - 1 '5
M
, S ’5 &
4 1 3 ,40b 107,720
5b , 878
-
I.UOO
5,960
x j.jg
3 ^ ,0 0 0 130 :329 lu o icco
Jl',295
U^OCO
K^OO
9^0
llin
M
1 5 , /43
“ M w fe .b U S
4 b , 107 i 5 ,2 i>2
31,756
8,800
-- ------ : ,p '
§ ’£ ?
1 -»5b3
? , 'S
3 3 ,b °4
6! ' - S
'j,ib3
7 1 ,H 7
* 1 (m o
6,701
2^60
» ,« »
525,056
35, 4bS 2 S3 ,738 2 , 604,357
..
3145,013
3i : S 2S ; t e U l , S : | 1
U3 . 6S 7 23,520
9 , 3 SO 22,023
6 1 ,6UU
5 ,s 66
665^
?
513,881 1,332,537 4 7 4 ,6 6 1 515,950 254,152~317,843 1,028,199 2 ^ ,1 4 2 1 3 1 ,3 1 1 165,654 114,365 613,102 6 , 37^,803
L I A B I L I T I E S
Net amount of Federal Reserve
notes received from Comp
troller of the Currency
Collateral received from
Federal Reserve Bank:
‘
305 , 5b 8 1,14 7,42 8 256,029 2 b 0 , 523 134,062 133,441
’t g ’ l S
*
65,633
84,557
309’35°
25,122
2 7 ,1(20
56 , 8 6 8 3 2 3 , 4 3 8 3 , 530,013
/
132070
-- — --- 3 >j73
TOTAL
568 , 6 2 6 13 3 ,18 0
7 5,27-
8-3.241
o5,74b
T 'l l 1
7 3 , go7
150, lb3
7/075
42,887
40,556
53,677
1 1 , 5U8 222, 15U 1 ,935^752
45,949
67,510
9^,398
5 1 3 , 8S 1 1 ,9 9 2,53 7 474,661 515,950 254,152 3 1 7 ,8 49 1,028,133 2 5 j , 142 131,311 165,654 1 1 4 ,3 65 613,102 6 , 3 7 ^ 0 3
@FedFRASER