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C O N F I D E N T I A L
PERCENTAGE OF GOLD iSND LAKFUL MONEY RESERVES AGAINST NET DEPOSITS,
PERCENTAGE OF GOLD RESERVES AGAINST FEDERAL RESERVE NOTES IN ACTUAL CIRCULATION AND OF
TOTAL RESERVES AGAINST COMBINED FEDERAL RESERVE NOTE M D NET DEPOSIT L IA BILITIES
OF ALL FEDERAL RESERVE BANKS.
Not for publication.
June 27 > 19 19 *
Ratio of gold and
lawful money reserve
to not deposits
.TnnG
——.Tune 27
Ratio of gold reserves
to F* R. notes in
actual circulation
June 2 0 --- June 27
Boston
1+9 . 4
4 3 .2
4
Nsw York
6 5 .3
64.7
phi lade lphia
4 2 .5
Ratio of total reserves to
net deposit and F* R* note
liabilities combined
June 2 0 --- June 27
Ratio of gold reserves to F * R_* notes xn
actual circulation after setting aside
35 $ against net deposit liabilities.
.Tune 2 0 --- June 27
4 »5
44.2
4
43.2
43.0
54.5
54.3
75-1
75*2
41.5
4 .7
4
4 .4
4 .5
45.3
43.4
56*9
54.6
o
. S
o
o
o
. o
i
1
5 0
. 5
o
. 0
4
5
. 3
Cleveland
5 6
-8
55.3
57 *0
5 ^ .2
Ri cilfiond
5
. 5
55*7
37-0
37-1
44.5
42-8
Atlanta
44.6
46.2
4
i
.
4 .6
42.5
42.9
Chi cago
42.4
4
6
9
. 3
6
8
. 5
59-7
6
55*3
55*2
55*8
55-5
6
9
. 5
68.0
5
0
. 1
5 0
6
9
. 5
s
i
1
. 9
53-1
58.5
5
6
. 4
Minneapolis
5 6
. 8
6
55*1
4
9
. 2
Kansas City
44.6
4 4 .3
4 3 .9
44.2
44.2
44.2
Dallas
4
4
40.2
4
42.5
4
5
53*9
4
5
. 7
5
. S
i . o
i . o
San Francisco
44.2
42.6
59.1
58.4
Total
55-5
5 6
50.3
4
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
July 2, 1919*
. 0
9
. 5
4
. S
52.5
l . o
52.1
. S
50.4
4
. 7
9
St. Louis
7 0
'
5
. 3
6
5 * 8
46.3
4
5
. 9
73.4
76*6
67.5
6
6
. 3
. 8
47.7
46.1
6
61.4
2
. S
64.9
64.2
C O N F I D E N T I A L
S t . 467
RATIO OF "FI0AT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS*
Not f o r p u b l ic a t io n .
*
"FLOATM
* "Float»» after adding net debit* "Float" after deducting National and F« R’
* Deferred
* Ratio to *
or deducting net credit in *
Bank notes, also net investment in
*ljncolie cte d* aval labi li ty 1 Mount 'immediate*
Saturday*s settlement. *
transfers from second calculation.
*
items
»
items
*
rays±labl® *
T Ratio to immediately 1
t
Ratio to immediately
t
1
1
’deposits. * Amount » available deposits * Amount *
available deposits
t
»
1
*per cent. *
T
1
1
per cent
par cont#
Federal
Re serve
Bank
Bo ston
62,642
45,330
17,312
14.5
12 ,564
•10.5
12,318
10.3
173,277
126,268
4 7 ,009
5-5
49,095
5-8
41, 572
4.9
phi lads lphia
62,180
54,473
7,707
6.9
10,825
9*7
10,825
9 .7
Cleveland
55,322
4 s , 942
6,380
4 .9
7,407
5-7
6,s4o
5-3
Ri chnond
54,036
^6,935
7 ,10 1
12.8
4 , 4 10
7.9
2,810
5*1
Atlanta
26,953
21,828
5,125
1Q«2
5,030
10 . i
4,775
9-5
Chicago
76,149
68,781
7,368
3 ,0
11,262
4 .6
12,116
5-0
St. Louis
*+3,555
35,684
7,871
12.3
7,888
12-3
8,853
13 .8
Minneapolis
15,026
10,662
4,364
g-o
3 ,8 64
7 .1
3 ,5 21
6.4
Kansas City
55,172
35,309
•19,863
22.7
17,735
20-3
8,178
9-3
Dallas
19,997
15,613
4,384
9-9
6,564
i4 ,s
3,435
7-8
9
New York
San Francisco
Total
39,255
.......24,595
14,660
15.8
12,500
13.5
8,386
683,564
534,420
149 ,144
7-8
149 ,144
7-8
123,629
DIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
2, 1919*
•
6 .5
St- ^67 a
COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS
(in thousands of dollars-)
Unco iiectgd. items»_______________ Juno 27, 1919 - ______
Checks .'National Bank;
and : notes and •
: All other ;
Clearint
other :Bank notes of;Transfers ;imcoHooted:
Bo ston
Hew York
phi lade lphia
C le v e la n d .
D e f e r r e d aval labi li ty_ iJjggjL:
: Government; other ;
Gold
t
Settlement:Transfers - transit : transit;
ituuis;
items
Suspense
fotal
59,72^
62,642
l6,22S
-
29,102
^ 5,330
140,270
173 , 277
60,369
-
65.299
126,263
51,592
62, ISO
20,531
2,7^1
31,2 0 1
5^73
49
327
24o
**9,335
55,322
4 5 .6 4 4
770
32.52S
48,942
5 ,3 7 1
l4l
l4i
l> 59
51,566
54,036
19,829
2,531
2^,575
46,935
729
558
17,215
21,828
Richmond
Atlanta
1,816
399
255
-
24,483
26,953
M 55
56^
732
69,139
76,1^9
26, 84s
2,150
1,73^
68,781
5 ,7 1 ^
-
38,049
Chicago
1,700
250
41,04-7
43,555
14,252
1,700
118
35,684
73
4^5
1 9 ,6 i 4
St. Louis
1,281
3
53
290
13,399
15,026
390
6,307
10,662
Minneapolis
733
450
599
8 ,9 5 8
44., 432
55,172
8,023
27,286
Kansas City
35,309
561
2,568
15,576
19,997
. 6,207
8,724
15,613
755
557
682
Dallas
oaw •prancisco
2 , 65^
27
&
3,961
S3
17,933
2^,595
Total
52, 2^2
10,908
IS, 45s
9,5^7
3 1 s,^3S
53^20
STATISTICAL DIVISION
FEIERAL RESERVE BOARD,
July 2, 1919^ '
8 ,9 3 ^
32,U59
593,022
3
, 9
6
5
39,255
6i.6.33_
6S3.56U
202, 52*1 .
-
;-3;851
G O L D
Federal
Reserve
Barik of
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francicco
Total
Balance
last
Gold
statement
with
drawals
June 26,
1313._____
32,370
239,974
50,226
20,557
20,497
13,993
92,247
2 1 , 141*4
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
*
Minneapol is
Kansas City
^Dallas
•San Francisco
Total
de-
posits
10,000
2,000
8
7,096
275
56
248
2,000
612
1,700
66
299
24,430
36,337
10,506
297
29,705
2,000
592,286
5,165
Balance
last
statement
J-une 26,
u n mousemas 01 dollars)
Aggregate
Aggregate
wi thdrawai s deposits &
T R A N S F E R S
& transfers transfers
to Agent1 s
from
Debit
Credit
Fund
Agents Fund
2,000
35,000
6,182
10,000
147,150
75.000
8,000
7,096
40.000
15,587
2,000
18,000
5,275
20.000
13,508
56
45.000
48.000
6,248
2,000
13.000
5,160
57.000
299
46,010
77
23
21,592
n
Jj
8,612
**
-C# XJ -Cj
a
37.000
253,344
50,431
23,360
1,684
37., 291*
3 2 2 ,8 0 2
40.000
361,192
78,854
31,592
361,192
U- £. JM T !5'
FUN]D
Deposits
through
Total
Total
transfers
with
deposits
from Bank drawal s
2,000
8,000
13,500
6.000
5,160
8.000
2.000
500
5.000
10,000
Total
: Total
Debits : Credits
10 1 , 109 : 127,883
387 , 281 : 362,761
154,2|50: 126,287
93,36 3 : 115,990
148,150: 148,968
35,938:
28,983
141,583: 170,218
98,311:
96,646
2 1 , 940:
19,494
65,365:
6o,024
29 , 415 :
28,331
47,518:
38.638
1,324,223:1,324,223
A
✓
34,500
9.000
9.000
2,446
5,34l
1,084
8,880
59,325
5.000
20,800
6,955
43.000
12,423
2.000
2.000
3.000
2.000
24,520
27,963
31,032
23
-5.000
10.000
10.000
Net
Debits
1,665
77
it
X-160S
CONFIDENTIAL
Settlements from June 27 to
July 3, 1919, both inclusive
12,000
797
_ 13,000
i m _______
46.000
3.000
100,000
62,889
100*000
30.000
1,700
66
J
& £. it V Hi
Withdrawals
Gold
Gold
for trans
with deposits fers to
drawal s
Bank
J?
Federal
Ke serve
Agent at
Gold
FEDERAL RESERVE BOARD
S E T T L E M E N T
F U N D
500
11.000
54,160
3.000
10.000
10.000
5.000
2.000
2.000
3.000
2.000
2.000
500
5.000
44,500
2,000
8,000
1^ 50 0
6,000
5,160
8,000
Balance at
close of
business
July 3 ,
1919
45.000
90.000
60,889
95.000
41,500
41.000
255,504
56,431
500
11.000
20,800
21,360
1,684
103,294
5M 6
832,462
o
Net
Cr6d.it s
_
Balance in
fund at
close o f
business
Julv J3.3 1919
....
26,774
28,326
22,627
153,304
45,772
48,459
818
10,863
15,790
28,635
105,031
24,867
34,020
40,073
5,225
*>2 823
78,854
564,553
Summary of changes in ownership
of gold by banks through trans
fers and settlements
Decrease
2,044
96,670
3,550
-
—
—
—
4,50?
-
106,771
Increase
—
24,627
3,818
6,045
17,645
10,335
9,522
3,659
31.120
106,771
STATEMENT FOE THE PRESS.
Released for publication Sunday morning
July 6, 1919» not earlier.
F e d e r a l R e se rv e B o a r d
J u l y 5»
1919
CONDITION OF FEDERAL RESERVE BANKS.
F r i d a y * J u l y 4 , b e i n g a N a t i o n a l h o l i d a y , tho F e d e r a l R o se r v o B a n k statement
i s s u e d as at close of b u s i n e s s on T h u rs d a y J u l y 3 *
Tho state m e n t i n d i c a t e s
i n c r e a s e d b o r r o w in g s by member barks a n d la rgo i s s u e s of F e d e r a l Rosorvo n o t e s ,
Was
a c c o m p a n ie d by f u r t h e r
G o ld r e s e r v e s
m illio n s
sin ce
show a d e c l in e
Juno 6 ,
An in c r e a s e
d i s c o u n t s went u p
t o t a l in c r e a s e o f
of
1 8 .5 m il l io n s fo r
the F r i d a y p r e c e d i n g the
g o l d em bargo.
5 9 * 2 m i l l i o n s i s shown f o r w ar p a p e r on h a n d , w h il e o th er
1 7 * 8 m i l l i o n s an d a c c e p t a n c e s - 2 6 . 1 m i l l i o n s . A s a g a i n s t a
103 . 1 m i l l i c n s i n b i l l h o l d i n g s tho b a n k s r e p o r t l i q u i d a t i o n
o f T r e a s u r y c e r t i f i c a t e s , t h e i r t o t a l e a r n i n g a s s e t s tn u s
of o ver 99 m i l l i o n s *
co m pared w i t h t h i s l a r g e in c r e a s e i n
in v e s t m e n t s i n t e r b a n k b o r r o w in g s u n d e r w e n t
amount of war p a p e r h e l d u n d e r d i s c o u n t f o r
a r e d u c t i o n from
the w e e k a n d o f 7 2 * 9
re m o va l of the
of
of about 4 m i l l i o n s
sho w ing a n i n c r e a s e
total
g o l d w it h d r a w a l s *
12 2 .6
p u r c h a s e d from o th e r
Government d e p o s i t s
lie &id a tio n ,
other F e d e r a l Reserve banks
to a bo u t 88 m i l l i o n s ,
F e d era l Reserve
su bstantial
w h ile
the h o l d i n g s
tho
sho w ing
of a c c e p t a n c e s
b a n k s d e c l i n e d over 3 m i l l i o n s .
in c r e a s e d 6 2 . 7 m il l io n s ,
25 .U
m i l l i o n s , w h i l e the " f l o a t " c a r r i e d by
m illio n s.
O th e r d e p o s i t s , i n c l u d i n g f o r e i g n
reserve
d e p o sits d e c lin ed
the R e s e r v e b a n k s w e n t u p 29
govern m ent c r o d i t s | show a n in c r e a s e
o f o v e r 13 m i l l i o n s w i t h the r e s u l t t h a t n e t d e p o s i t s w o rk o u t 2 1*3 m i l l i o n s '
l a r g e r t h a n the w ook b e f o r e *
F e d e r a l i s servo n o t e s i n c i r c u l a t i o n e x c e e d ,
by
53 *2 m illio n s
the p r e v i o u s w e e k 's
a c c o u n t i n g f o r m o st
io n s.
of
The b a n k s ’ r e s e r v e
ratio
F o l l o w i n g tho paym ent of
to i n c r e a s e
th e ir
net p r o fit s ,
New Y o r k ,
w h ile
shows a
total
d o c l in e
tho r e g u l a r
su rp lus by 3 1 * 6
or 3 * 5 m i l l i o n s ,
now to n o a r l y
to tal,
the i n c r e a s e ,
from 5 2 . 1
C h ic a g o a n d San F r a n c is c o
re ta in in g
and loss account.
100 p e r c e n t of t h e i r p a id - in c a p i t a l .
d e c l i n e d 20»9 m i l l
to 5 0 * 8 p e r
sem i- an nu al d i v i d e n d
m illio n s be sid e s
in p r o fit
Boston,
cash reserves
cent.
the b a n k s wore
ab le
10 p e r c e n t of t h e i r
T h eir
s u r p l u s am ounts
Released for p u b lic a tio n Sunday morning July 6, I 9 I 9 ; not earlier
St J i/O a
STATEMENT OF COMBINED BE SOURCES J M LIA BILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS JULY. 3 , 1919*
R E S O U R C E S
juty
3^ 1919
June 27.. 1910
.
.
^1- %—
Gold coin and c e r tific a te s
$282,0113,000
~
$ 3 1 4 ,1 3 5 ,0 0 0
$ 4 2 1 , 32.7 ,C00
Geld Settlement Fund - F*R*Board
564 ,2 9 0 *0 00
5 9 7 ,0 4 6 ,0 0 0
'
5 2 4 /5 0 3 ,0 0 0
Gold with foreign ancncies
JL
—
••
lb >?-?£ , QUO
Total gold ho Id by banks
~ g47,233,GOO
’*qil7lSl ,0 00
;
962 , 502 , COO
Gold vvifn Federal pcserve Agents
1 ,1 5 5 ,2 7 2 ,0 0 0
l ',113 ,324 .000
9 6 2 ,0 7 3 ,0 0 0
Gold Re
ion Fuad
’ 1 2 6 ,4 3 5 *0 0 0
’ 122 *779", COO
__ 3 4 , 5 33 >000
Total goid reserves
2 ,1 2 3 ,0 4 6 ,0 0 0
*"
2 ,147 ,7o4 ,000
1 ,9 5 9 ,1 1 0 , 000
Leg-J. tender notes, silver, e t c .
66 ,^ 0 7 ,0 0 0
6 o ,4 7 2 , 000
5 6 ,055 ,000
Total ro ser ve s
2^95^353^000
2 ,2 1 6 7 2 5 ? ,000
2 ,0 1 5 .1 6 3 ,000
B i l l s discounted { cured by Gov»t.war obligations
1 , 632 , 639 ,000
1 ,5 7 3 ,^ 3 ,0 0 0
563 ,^ 96,000
(A-.1
--- other
2 6 2 .3 2 9 000
244,557- 000
5 1 3 ,2 2 6 ,0 0 0
B i l l s bought in open market
330 ' o ? V 000
304 , 55 S ‘ 000
2 1 1 . 9^ 7,000
Total b i l l s on hand
~
2 ,2 2 5 ,7 0 7 ,0 0 0
J
*
2 ,1 2 2 ,5 9 3 ,0 0 0
1 ,2 3 5 ,7 2 9 ,0 0 0
U ' S* Govorunout, bonds
’ 27^130*000
2 7 ,1 3 0 .0 0 0
4§,
749 ,000
U* S- Victory Nctes
’
3 7 7 ]COO
3 3 5 loOO
U» S- C ertificates of indebtedness
200 c 6-S 000
204,1 0.4,000
* 1 7 ,3 5 0 ,0 0 0
A l l other earning assets
’
__
'
26,000
Total earning assets
.
2 ,4 5 3 ,2 * 2 ,0 0 0
2 ,3 5 4 ,1 6 7 ,0 0 0
1 ,3 4 8 ,8 5 4 ,6 0 0
Bank premises
*
3.1,624 ’OOO
1 1 ,2 5 7 ,0 0 0
Uncollected items and other deductions from gross deposits
742 , 527 ,oco
606 ’ 063 , coo
6 6 3 , 257,000
Redemption fund against F*E* bank notes
9 ! 956 ,°oo
9 , 714,000
725,000
A l l other resources
1 0 ,3 0 6 .0 0 0
1 0 ,5 5 1 ,0 0 0
1 0 ,l o 3 ,0 C 0
TOTAL RESOURCES
5 423 lOT^OCO
5 , 23o ,0 0 2 ,0 0 0
5 ,0l*4, l 6 2 ,000
L I A B I L I T I E S
Capi tal paid-in
2 2 ,2 1 1 ,0 0 0
32 ,764 ,000
7 6 , 1 6 3 ,000
surplus
2 1 , 027,000
4 9 , 466,000
1 , 134,000
Government deposits
1 3 6 ,3 2 2 ,0 0 0
7 3 ,6 l 4 ,0 0 0
1 2 2 ,3 9 2 ,0 0 0
Due to members - Reserve account
1 ,6 3 7 .6 0 3 ,0 0 0
1 ,7 1 3 ,0 3 0 ,0 0 0
1 , 369 , 637,000
Deferred a v a il a b il it y items
5 6 1 ^ 96^000
5 3 4 ,4 2 0 ,0 0 0
5 2 7 ,5 8 0 ,0 0 0
Other deposits, including foreign government credits
l2 2 ,b Q 2 ,0 0 0
1 1 5 ,6 3 3 ,0 0 0
1 1 7 ,5 0 9 ,0 0 0
Total grocs dope sits
L~"a* #
~ 2 , 5lU , 530,000
2 -,5 3 6 , 757,000
2 ,1 4 3 ,1 3 5 ,0 0 0
F* R- notes in actual c irc u la tio n
2 ,5 5 2 ,3 4 2 ,0 0 0
2 ,4 5 9 ,1 3 0 ,0 0 0
1 ,7 9 1 ,5 5 9 ,0 0 0
F* R- bank notes in circulation - net lia b ility
'1 3 1 ,5 7 0 ,0 0 0
1 7 7 ,1 2 5 ,0 0 0
1 0 , 035 ,000
A l l other l i a b i l i t i e s
___ l O . 762 .OOC
4 2 . 650 .000
2 1 .4 7 7 ,0 0 0
TOTAL LIA BILITIES
5 ,^ 2 3 ,1 0 2 ,0 0 0
5 ,2SS ,002 ,000
4 ,0 4 4 ,1 6 2 ,0 0 0
Rat 5-0 of total rosorvas to not deposit and F* R* noto
l i a b il i t i e s combined
50.2 $
5 2 .1 ^
6 l -7
Ratio of gold reserves to R .R * notes in circulatio n
__
* Include;-, ono-jsar
after setting a.side 35% against net deposit liabi li fcias
0I .7 $
Treasury n o te s.
64.2. f0
2 0 .6 %
Released for publication Sunday morning July 6,
V7
I 313; not oarlior.
st.4S.Cb
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BASKS AT CLOSE OF BUSINESS JULY 3 ,
1919 ■
R E S O U R C E S
(in
th ou sand s
of
d o l l a r s .)
Now Y o r k
p h i la *
c lo v e 1*
G o ld c o i n a n d c e r t i f i c a t e s ----
Boston
3 ,s o 4
18 7,4 13
2 ,1 8 7
7 ,9 7 8
2 3 ,4 6 0
2 2 ,3 2 6
1 5 3 , 3 OU
306
4 5 ,7 7 2
2 7,2 0 9
G o l d S e t t le m e n t F u n d - F * R * B o a r d
4 8 .4 5 8
1 0 .8 6 3
1 5 ,7 9 0
1 0 4 ,7 1 1
3 4 0 ,7 1 7
4 6 ,0 7 8
7 5 ,6 6 7
13 ,0 5 0
2 9 0 ,7 3 9
2 4 ,6 3 9
7 3 ,3 4 5 12 6 ,2 2 5
8 ,0 6 9
672
c o l d h o l d b y b a n k s ----
3 2 ,1 3 0
G o l d w i t h F o d o r a l He serv e Ag- nts
Total
5 6 ,5 5 6
G o l d Redemption- F u n d --------Toto,l g o l d r e s e r v e s *--------
10 5 ,^ 2 8
1 6 ,7 4 2
etc*
6 ,5 2 5
6 5 6 ,0 9 5
5 0 .0 9 5
T o t a l r e s e r v e s -------------
1 1 1 ,9 5 3
.7 0 6 ,1 9 0
L e g a l tender n o t e s ,
B ills
silv e r ,
Richn-
A t l a n t a C h ic a g o
2 0 2 ,5 6 4
6 6 ,5 2 7
248
443
1 2 7 ,7 4 0
799
2 0 3 ,3 6 3
6 6 ,9 7 0
7 7 ,2 2 2 4 2 2 ,7 5 5
9 6 ,2 3 3
6 8 ,1 9 4 2 0 8 ,4 1 2
1 4 .1 6 5 3 0 ,1 9 9
4 5; 802
6 ,5 8 9
8 8 , 5 4 s 2 8 4 ,4 1 3
4 ,4 7 7
37 6
4 2 ,6 3 4
d isc o u n ted :
( a ) ---- -------
A l l o t h e r --------- -------B i l l s bought i n open m arket
(b )
Total b il l s
on h a n d --------
of in d eb te d n e ss
T o t a l e a r n i n g a s s e t s -------
l l + 3 ,5 9 l
9 ,5 7 6
1 9 , 2U0
6 74 ,4 4 9
170 ,75 3
6 5 ,6 7 4
1 1 3 , 0^7
1 7 ,8 5 2
1 7 2 ,^ 0 7
8 5 3 ,1 7 0
539
1,3 0 1
29
50
16 ,9 16
12 9 ,8 9 1
4-0, i4 o
2 4 ,o 45
12 ,6 6 9
6 3 /9 9 5
1 1 7 ,9 9 0
8 4 7 ,2 3 3
1 ,1 5 5 ,2 7 8
8 2 ,8 2 2
1 7 ,2 7 5
8 1 ,4 6 0
3 ,6 8 9
3 2 ,3 3 4
92
8 2 ,9 1 4
32 0
8 1 ,7 8 0
3 4 , 2 7 1 1 8 3 , 9 6 2 2 ,, 1 9 5 , 3 5 3
3 5 ,1 4 4
4 ,8 19
3 6 ,12 6
3 6 ,0 3 1
4 ,3 9 0
1 5 ,9 7 6
1 ,9 3 7
12 6 ,4 3 5
1 ,6 7 9
1 3 3 , 6 b4 2 , 1 2 8 , 9 4 6
6 6 ,4 0 7
298
711
1 8 9 ,3 1 6
105 M
2
8 ,5 5 4
*±0 , 3 1 6
72 j
b i
15.0 6 0
-7
1 r !i
i 9 J.
1 5 4 , 3 0 2 “ 9T>,
1 ,0 8 3
1 ,3 8 5
1 ,2 3 ^
l
7
-
11 ,1 5 9
8 ,5 0 5
6 2 ,2 9 8
4 8 ,6 9 8
3 1 , 20 s
2 2 , 947
4 3 ,9 5 5
1 3 ,6 8 6
6 7 ,3 18
1 , 6 3 2 ,6 3 9
2 6 2 ,3 8 9
2 1 ,2 5 4
S
895
6 1,2 1 7
8 4 ,3 3 2
1 2 4 ,7 5 9
2 , 2 2 5 ,7 0 7
lib
2 ,6 3 3
2 7 ,1 3 0
290
8 ,8 6 7
-
5 5 ,0 5 0
3 ,9 6 6
-
-
1,15 3
—
3 3 0 ,6 7 9
377
1 7 , 546
6 , 6 6 0 _10_-.5J1. 2 5 , 6 1 2
2 2 ,8 5 0
5 7 ,3 3 3
9 1 1 , 854- 2 1 3 , 5 5 2 i V 2' S u “' 1 0 ? ,
9 9 . 9 ' ^ 3 1 4 ,5 0 2
4 ,o o 6
500
):-53
2 ,9 3 6
• 87 5
395
1 7 , 06s
6 ,9 1 4
6 ,8 9 6
5 ,9 0 0
8 0 ,5 1 9
6 8 ,5 3 7
1 0 0 ,5 9 5
4oi
6 4 ,9 1 6
222
4oo
n ,6 s 4
1 9 1 ,6 17
6 9 ,5 3 6
6 1 ,7 3 6
5 9 ,8 9 9
3 2 ,9 7 6
8 2 ,6 s 6
5 4 ,2 3 9
1 1 ,S 4 4
5 6 ,8 9 4
2 3 ,0 9 5
2 S , 114
7 4 2 ,5 2 7
84 6
1 ,8 5 4
859
1 ,0 0 3
508
314
730
436
408
9 ,9 5 6
598
586
1,6 2 6
1 ,3 4 4
S0 2
2 ,6 3 4
1 ,1 2 5
1 ,0 8 4
448
33 0
552
165
512
766
732
10,306
B a n k p r e m i s e s — — -----------U n c o l l e c t e d it e m s a n d o th e r de
800
d u c t i o n s from g r ^ s s d e p o s i t s —
5 fo R e d e m p t io n f u n d a g a i n s t
F- E u b a n k ., n o t e s -----------
69 „ S 9 i
t o t a l r e s o u r c e s ---------
3 ,2 6 3
2 8 2 ,9 4 3
5 6 4 ,2 9 0
*
U-S* Governm ent b o n d s --- -- *-U , S- V i c t o r y n o t e s
--------U *S *c e r tific a te s
4 ,5 1 6
9 2 ,9 7 0
^otal
1 1 ,1 7 2
5 2 . 823
n 4
4 0 ,0 2 6
6 0 ,0 0 7
San Fran-
7 ,3 3 9
5 ,3 3 0
8 ,3 8 1
3 ,5 8 0
1 2 7 ,4 9 2
^ 3 ,6 7 7
9 ,8 0 0
M i n n . K a n s . (jr«. D a l l a s
2 4 ,5 6 7
3 4 .0 2 0
2 8 ,4 4 7 ' 4 2 ,4 o i
2 3 ,7 6 8 1 2 8 , 1 7 1
4 7 160 2 6 3 ,5 2 7
4 ,7 6 2
3 0 ,2 0 2
7 5 ,6 9 0 4 2 1 ,9 0 0
1,5 3 2
855
S e c u r e d b y G o v e rn m e n t war
o b lig a tio n s
S t - L o u is
691
—
2 0 0 ,0 6 8
1 3 3 , 1 9 0 2 , 4 5 3 , 282
5 ,7 9 8
3 7 3 , 7 1 1 1 , 8 1 8 ,1 5 5 i+13,537 UUo,767 2 3 1,19 9 2 11,6 5 6 825 , 8^9 233,036 16 3 , 77 ^ 2^ 0 ,9 1 2 123,70 6 3U6.S06 5 , 42 3,10 8
M E M O E l i f l A
(a) includes b i l l s discounted
for other
banks, v i z ; —
(b)
includes b an k e rsr acceptances
bought frcrn other F-R*Banks F ith their endorsem ent ----------without their endorsement-
~
-
-
-
5,062
-
-
-
-
62,983
-
—
—
—
_
—
—
-
-
-
-
-
-
2 5 , 000
-
-
-
-
-
—
—
2 4 ,3 0 7
87,983
5 ,0 6 2
2 4 ,3 0 7
St .47 Oc
Re leased for publication Sunday morning July 6,
19x9 ;
not earlier’ .
TTEE3JLY STATHffilTT OF EE SOURCES AND LIABILITIES OF THE FEDERAL RESERVE BAHKS AT CLOSE OF BUSINESS JULY 3 ,
1919-
thousands of dollars.)
(In
L I A B I L I T I E S
Boston
New Y o rk p h i la-
2 1 , 470
6 ,8 7 7
5 , 2cS
Capital p a id - in -----------
3 2 ,9 2 2
i 4 , 658
C le v e 1 .
7 ,6 5 1
5 ,3 1 1
5 ,3 15
9 ,2 5 2
5,360
Richrn* A t l a n t a C h ic a g o
4 ,2 0 5
3 ,8 0 0
32, 502
5,3-23
1 3 ,9 8 2
Government deposits --------OR
^ >r,on
/•—*
678 . 669 1 0 2 . 1 6 5 1 2 6 , 7 4 1
p 2 , 181
Due to mombJi s - Reserve account
5 0 ,3 4 5
l'4l'409
4 7 , 82b
4 3 ,5 3 7
6 5 ,5 4 7
Deferred availability items --l,4oo
693
1 ,8 4 8
10 8 ,6 3 9
" 877
All other deposits --------Total gross d e p o s it s ------ l E i , ^23 . 9 6 1 , 2 1 9 1 7 4 ,8 7 5 1 9 1 , 1 9 7 1067628
35,90 1
3 ,7 2 .3
21,672
71s
16 ,19 9
692
6,329
537
Dallas San Fran-
Total
82, ell
3 ,2 3 9
776
3 ,0 .
3,866
3,
1 1 ,4 ^ 3
3 >247
8 1 ,057
2 ,0 2 9
4 ,5 7 3
2 , 3 21
3, 957
3 ,7 i o
2 ,5 8 9
2 , 805
136.328
2
,
9^0
12,859
2
'fh
8 ,7 8 1
7,
2 ,505 ,6 0 0
2 3 ,9 2 8
30.620 l s687 , 60S
SO. 26 8 42,807
4 7 , oc4 257,327
53 ;0 1 5 55,13
13 : 6,20 5b 1 , upO
36 , 9 :"‘b 1 6 ^ 6 4
6 1,6 6 3
3 :7 6 .
3 7 ,6 8 9
25,327
128.638
2^6
!?, om7
OKk
1 . 010
5,4 3 7 _____ _333__ 2 , 3 1
“b27i57_T
2
l
)
'
l'T6^
' 1O 530
2
,
7 £, X<5h 3 4 8 , 3 5 5 1 0 6 ,4 1 8 6 9 , 7 1
762,925 203,310 217,567 109 , 6U0 117,320 429,248 ic 4 s350
p . R. notes in actual circulation 1 8 2 ,6 3 1
p.R*bank notes in circulation net l i a b i l i t y ----- ---- 16,796
All other l i a b i l i t i e s ----77s
>cy<
St .L o u i s I,linn-
9,786
312
25,382
1.10 1
15,433
380
82,203
$ 4 ,o 4 4
6 ,134
327
12,773
877
4 7 , 90s 201,212 2 , 552 , 3^8
7,826
7 ,3 3 9
753
557-
1 8 1 ,5 7 0
10 . IOc
—7
/
123,706 3 4 6 ,8 0 0 5 > 2 3,108
TOTAL L I A B I L I T I E S --------- 3 7 3 ,7 1 1 1 , 818,155 4 13,5 37 440,767 231,193 211,656 825,349 233,036 163 , 77 ^ 2 4 0 ,9 1 2
M E M 0 R A N D A
C o n t in g e n t
lia b ility
as endorser
on -
D i sooiante-d p a p e r r e d i s c o u n t e d
w itn other >:•« R. b a n k s ---Barters? * a c c e p t a n c e s
87,983
7,000
45,000
3 5 ,9 8 3
s o ld to
other F-R* b a n k s ---------
5 ,062
5 ,0 6 2
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION
8 4 ,3 7 7
3S , 3 7 x
841,196 2 16,35 2 2 3 1 , 1 1 2 1 1 3 . 1*63 12 2 ,3 3 1 455,222 117 ,4 0 1
78 ,231 13 , 0-42 1 3 ,5 4 5
3,823
5 ,0 1 1
25.974 13 ,0 5 1
7o2, 915 2 0 3 ,3 1 0 2 1 7 ,5 6 7 1 0 9 ,6 4 0 11 7 ,3 2 0 4 2 9 ,2 4 8 1 0 4 ,3 5 0
F . R . n o t e s o u t s t a n d i n g --------1 8 8 ,3 2 3
Al. n
—o t e s h e l d by
^ b a n k ------F» R*
5 ,6 9 2
F'R *no tos in actual circ u la tio n 182753 1
__n
.
2 ,17 4
5,927
82,20 3
9 4 ,0 4 4
4 7 ,9 0 8 2 0 1 ,2 1 c 2*, 5 5 2 ,5 4 3
DISTRIBUTION OF BILLS AND U . S . CERTIFICATES OF INDEBTEDNESS BY MATURITIES,
W ith in
B ills
d i s c o u n t e d ---------- ----
B i l l s bought i n
op en m a r k e t ----
U- S* c e r t i f i c a t e s
of
in d e b t e d n e s s
1 5 days
1 ,5 6 8 ,5 1 0
86,021
18,896
16
to 3 0
days
108,566
6 9 ,0 7 1
13
3 1 to 60 d a y s
1 1 7 ,9 7 8
10 9,9 7 6
6,212
_
49 , 5 , 1 221,574 2 , ? 4 0 , S g
1 , 663— 20 ,.)6_2_ _ _ i p , ; 5^
6 l to 90 days
7 1 ,5 7 9
6 5 ,6 1 1
2 2 ,2 3 4
Over 90
days
Total
2 8 ,3 9 5
1 , 895,028
1 5 2 ,7 1 3
330,679
200, 06s
Released for publication Sunday morning July 6.^ 19IS; not earlier.
St-U70d
STATEMENT OE FEDERAL RESERVE AGENTST ACCOUNTS AT CLOSE OF BUSINESS JULY 3 ,
1919-
(in thousands of dollars-)
Boston
N-3w York
p h ila . c le v e l.
FEDERAL RESERVE NOTE'S:
Riclia. A tlan ta Chicago st-B0^ e
■
M inn. Kans.Cy- D allas gan Fran,
Total
Received frcrn Comptroller
3 2 2 ,0 3 0 1 ,o 0 S ,63 0 3 9 6 ,9 3 0 362,300 2 2 5 ,6 2 0 236,500 6 3 3 ,2 0 0 2 0 3 ,3 2 0 ,1 3 4 ,330 167,70 0 104 ,360 2 9 1 ,5 3 0 4 , 6 3 o J 0 0
Returned .0 C cm p tro l^r
- 1 1 7 ,557
6 5 6 ,634 153,64-3 1 0 0,20 3 3 4 ,5 3 9 5 4 ,4 2 0 1 5 2 ,0 5 3 69.4-99" 3 5 ,1 ^ 3 5 4 ,2 79 5 4 ,2 3 4 64,go6 1 , 5 5 2 ^ 7 5
Chargoaole to F- R . Ag^nt — 2 0 4 ,2 2 3
9 51 ,9 96 2 3 S ,3 3 2 2 6 2 ,0 9 2 l 4 l ,031 1 3 2 ,0 3 0 4 S l ,l 4 2 1 3 3 ,3 2 1 ::9 9 ,2 3 7 1137+21
70,076 226,774- 3 ,1 0 4 ,2 2 5
in hanas of p . R . Agont
1 5 ,9 0 0
1 6 ,4 2 0
l 4 ,g 6 0
1 3 ,4 5 0
20,505
s 4 i ,i c 6 216,352 2 3 1,112 11 3 ,4 6 3 122,331 4 5 5 ,2 2 2 H 7 , 4 o i
54,377
9 5,9 71
*+9 ,5 71 2 2 1 ,5 7 4 2 , 740,393
110,300
2 1 ,9 8 0
3 0 ,9 3 0
2 7 , 56s
5 9 ,7 4 9
2 5 ,9 2 0
3 6 3 ,332
5 ,2 0 0
issu ed to F*R* bank loss amount
returned to F-R-Ag^nt for
redemption
1 3 3 ,32 3
COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
Gold coin and c e r t ific a t e s on
~~
~~~
Gold ro a c t i o n f u n d -------XX,556
12, >*56 u f t t O 5 2,177
Gola Swttion^nt Fund - E-R.Board
4.5,000
90 000 6 0 ,S S 9 9 5 ,0 0 0 4l,5C O
e l ig i b l e paper, mimxman r»quxrr,d 1 3 1 ,7 6 7 ___ 5 5 0,^57 1 ^ 3 ,0 0 7 1 0 ^ ,3 3 7
69,756
Total
V M >
* ,022
4 1 ,0 0 0 2 55 ,50 5
7 5 ,1 7 1 19 1,6 9 5
3 , >>76
56,431
* 1 ' %
2,635
“ j S
'
I1* , 696
I ,6 s 4 l 0 3 ,2 g 4
'
‘
%
M
5 7 ,3 9 4
2 0 ,3 0 0
4 3 ,3 4 6
2 1 ,3 6 0 '
7 5 , 9'26
3 3 2 ,4 6 3
33,595 103,534 1 , 5 5 5 ,615
133,323
341,196 2 1 6 , 3 5 2 2 3 1 , 112 ' 1 13 ,463 122,331 455,222 117 ,4 0 1
54,377
99,971
4 9 ,5 71 221,574 2 , 740,393
1 7 2 ,4 0 7
35 3 ,1 7 0 152,333 1 5 2 ,1 3 6
5 9 ,0 3 6
3 4 ,3 3 2
55,050 103 ,397 2 1 ^0 to?
AMOUNT OF ELIGIBLE PAPER
DELIVERED TO F . R. AGENT-
*
9 1,257
7 9 ,335
,3^7
62,293
T
1
T
s
£TATH,3EJT FOR T!£ PRESS
F e d e r a l R eserve Board
R e le a se d f o r p u b lic a t io n
Monday ro o m in g , July 7, 1519 >
not earlier*
July 5,
1$19
Further liquidation of Treasury certificates and war paper accompanied by
reductions in
Government
and other demand deposits are indicated in the Federal
■Reserve Board's weekly statement of condition on June 27 of 771 member banks in
leading cities.
As the result of redemption before maturity of Treasury certificates the
holdings of this so securities
snow a decline of 12*+ millions for all reporting
banks and of S 3 . 7 trillions for member banks in Federal Reserve bank cities.
Decreases of 10.U millions in U .S . bonds other than circulation bonds, and of
13
,9 millions
m
largely
. ,
.
Victory notes ropresent emoun*,s sold
to customers on
the partial payment plan, while the decrease of 3 1 »^ millions in war paper goes
hand in hand with the r \j ueiujj tion of certificates mentioned.
Other loans and discounts went ufi Ul«2 millions, a la.rger increase under
this head being shorn for the Hew York City member banks.
of UvSi war securities and war paper declined from
and constitute
banks,
23 '2
3>50o
ASe^cgate holdings
bo 3 ,3
26
millions
per cent of the total loans and investments of all reporting
as against 2U,2
per cent the week before,
For the Mew
York City banks
a decline in this ratio from 27*2 to' 25*7 P^r cent may be noted.
Government deposits show a decline of
U-0,0
millions,
City banks report a gain under this head of 1 2 .2 iai llions.
though the New
York
Other demand deposits
(net) fe ll off 3 5 . S millions, while time deposits increased 20<8 m3llions.
serve balances with the Federal Reserve banks went up 5'L'lO m illions,
Re
the New York
City banks alone reporting an increase in this item of 3^*5 m illions, while cash
in vault shows a decline of about 7 m illions.
Rolcasoa for publication Monday morning July 7,
1.
gt.471a
1319; not oar l ia r .
STATEMENT SHOTTING PRINCIPAL RESOURCE © D LIABILITY ITEL1S 0? 1IEMBER BANKS III LEADING CITIES, INCLUDING- I.TIMBER BANKS LOCATED
IN FEDERAL RESERVE BANK CITIES AND IN FEDERAL RESERVE BRANCH CITIES, AS AT CLOSE OF BUSINESS JUNE 27, 1919-
Data, for a ll reporting bank
in each district.
Boston Now York phi la*
(In thousands of dollars.)
C jU; v _• i .
U5
109
No* reporting banks -------56
i 4 , 4os
4 9,0 12 11 ,597
U*S-bonds to secure circulation
Other u*S-bonds including
Liberty bonds -----------15 ,9 6 5
293,905 3 6 ,1 7 5
162,736 1 7 ,6 7 7
U * S - Vi etc ry no te s --------10,855
291,52s 5 9 ,6 16
42,510
U« S*certificates of indebtedness
8 3 ,73 s
8 0 3 ,1 2 1 1 2 5 ,0 6 5
Total U-S* securities ------70,116
Leans secured by u*S*bonds, etc#
75
..................
7,373 1 7 6 ,9 6 2
All other loans and investments. S 26,64s 4, 311, sUg 649 ,120
Reserve balances with F*R- bank
74,7 (1
681,743 63,113
cash in v a u l t ------------—
23,256 117,225 i s ,4 i i
Not demand d e p o s it s -------711,762 4 ,3 2 6 ,2 7 0 635,929
119,728
283,025 20,627
Time d e p o s i t s -------------
.
Government d3p o s i t s ---------
6 0 ,9 9 2
4 0 7 ,9 2 4
4 g ,g l g
2 2 2 .041
3 9 0 . 04 1
3 7 7 ,8 0 1
25-7
39,’339
Dallas San FrSJl
44
Total
53
771
14 ,117
18,723
34,600
2 69,165
5 2 ,2 3 1
5 6 ,7 2 1
17 0 ,3 9 1
224,^52 144,4S0\ 109 , 0 3 2 9 9 , 5 4 3
1 5 , 19 s
1 5 ,8 2 7
9 ,9 3 5
5 ,5 7 6
2 l , 4s 4
15,997 34,475
34 ,9 2 5
8 3 ,16 6
22,979
4 5 ,2 7 6
6 2 ,7 5 9
4 5 ,4 6 0
7 4 , SIS
111,13 3
1, 019,530
101
22
47
25,590
15, 515
4 1 ,1 5 1
14 ,13 1
63,60s
29,117
15,030
49,376
43^233)29,968
36
105,113
31.056 16,826 13,059
66,009
308,689 246,881 1, 231,825
296,419 81,550 115,872
443,361
780,088
7
-,14, ,6^0 8
3 2 ,'220
6 4 ,o 4 2
7 1 ,1 6 4
19 -6
20-1
2 1 , 729 . 1 ,8 , 712
. 9 5 .3 0 5
75
35
27,-170
3 S 5 ,5 5 7 /3 l2 ,3 0 4 y i,4 5 9 ,9 9 4 3 9 0,14 4
86,453 32,9 40 29,127
165,949 32,630
212,591 162,49s 167,642
2 1 -2
Minn- Kans-Cy-
S t -Louis
6 , 286
F- R* b aric----------
109 ,859
C h ic a g o
17 ,156
Data for banks in federal Reserve Bank cities, Federal Eeserv
New York
_ /^^Snlcagi
June Z '( - —June
27-June 20
72
44
44
No. reporting b a n k s ---U«S- bonds to secure ^
3 9 ,3 1 5
39,282
1 ,3 6 9 ^ 1 ,3 7 0
c ir c u l a t io n --------Other U-S* bonds ine lading
260,863
265,322 23 , 070 * 22 , 8g4
Liberty bonds -----147,442
14 8 ,6 16 22 , 495 . 30 ,7 9 7
U- S« Victory notes ---2 5 5 ,2 4 7
309,322 8 9 ,1 2 3 ' 94,672
U* S*cert*of indebtedness7 0 2,873
Total U- S' s e c u r it ie s --*
Loans secured by u* S7 1 1 ,7 3 7
bonds, e t c * --------A ll other loans and in
vestments ---------He se rve balance s wi th
1 0 6 ,7 0 1
A tlan ta
20, 140
So
4 1 ,4 2 1
tlx
Cash in v a u l t --------Net demand d e p o s it s ---Time deposits -— -----Government d e p o s its -- —
Ratio of U~S* war securities
and war paper to total loans
a n I investments, per cent
Ricixn.
1 0 ,4 2 9
31,799
39,376
9,942
628,392
374,212
21,462
53,827
916,739
60 , 490X 13 2 ,8 4 4 2 , 18$, 108
7 7 ,2 2 9
209,455
4 ,3 0 8
16,470
7 , 239
25,208
4 f649. , 1 1 ,i+ M ____4 ,7 2 1
. B r a n c h cities, a n d other rep o r t in j^ t j a nks<
’ .R .b a n k cities F-R-branch ci
otilBaii£ii;o rtin ii
J u n e 27- — June 2 u
June 27———June 2u
j u n ^ 27 -— June 20
261
261
1 0 3 ,9 5 8
10 3 ,9 2 6
3 6 7 ,4 3 1
2 3 2 ,9 7 8
163
22,621 l , 4o 6 , s 4o
464,666 182,547 i 4 l ,2 8 S 1 0,7 53 ,1 0 1
24,253
51,082 21,024 54,177 1, 323,267
10,637 8,787 15,766 10,063 19,273
351,574
225,774 230,192 408,303 17I J 21 447,552 10,285,586
9 7 ,6 3 2 56,393 75,367 29,521 137,399 1 , 756,894
ST4 57
78 2 t6 l l
Total
Juno 27 - — Juno
2u
163
347
34 7
771
771
5 7 ,4o4
5 7 ,3 1 0
1 0 7 ,8 0 3
10 7,3 0 4
2 6 9 ,16 5
2 6 s,540
3 7 4 ,7 3 8
10 9 ,2 7 8
1 1 0 ,7 1 4
15 1 ,6 2 3
638,781
7 9 ,5 4 7
6 2 ,2 8 7
3 7 4 ,8 1 2
3 8 8 ,7 3 8
5 1 5 ,7 8 9
, 2 2 0 ,15 6
2 2 3 ,7 1 7
4 6 9 ,9 4 6
8 2 ,9 4 3
2 4 2 ,0 2 6
15 3 ,3 2 9
6 6 , 26s
6 2 8 ,3 9 2
2 3 9 ,5 2 7
6 0 4 ,4 7 1
1 ,3 2 2 ,6 6 2
17 7,2 3 3
4 9 9 ,0 0 6
5 1 5 , 06s
9 16 ,7 3 9
2 , 18 9 ,10 8
1,040,664
4 9 8 ,9 9 3
,1 1 2 ,5 7 9
1 , 14 1,0 9 0
1 3 5 ,7 5 9
1 3 7 ,4 6 9
15 8 ,5 0 2
1 5 9 ,6 4 5
l ,4 o 6 ,s 4 o
, 207,773 7,170,027
1 ,6 5 4 ,5 4 s
1 , 6 5 3 ,12 7
1 , 8 9 0 ,7 2 0 1 , 8 8 8 , 6 4 5
1 0 ,7 5 3 ,1 0 1
1 8 8 ,1 6 7
0 0 2 ,3 4 0
14 3 ,0 5 8
1 6 5 ,2 5 3
9 5 7 ,0 2 9
15 5 ,0 6 9
162,902 1,323,267
206, £60
20s, 6 1 4
5 7 ,5 1 8
5 2 ,9 9 2
9 0 ,9 76
37,196
3 5 1 ,5 7 4
3 6 3 , 108 7 , 360,942 1,305, 220 1, 320,900 1 , 6 1 6 , 6 5 8 1, 639,563 10, 225, 586
720,522
704,253
5£0,251
511,630 1 , 7 5 6 , 2 9 4
522,893
5 1 3 ,4 7 9
610,544
631,904
112 ,3 2 8
6 0 ,0 5 5
1 3 1 ,2 7 7
5 3 ,7 3 9
7 8 2 ,6 11
24-3
2 4 .5
24.3
25-3
2 1.6
2 2 .1
ol
0
1 , 26s, 989
3 5 8,58 8
823,236
2 4 .2
*.' C O N F I D E
PERCENTAGE OF GOLD m LAWFUL MONEY EE SERVES AGAINST NET DEPOSITS,
PERCENTAGE OF GOLD RESERVES AGAINST FEDERAL RESERVE NOTES IN ACTUAL CIRCULATION AND OF
TOTAL RESERVES AGAINST COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT L IA BILITIES
OF ALL -5SI3EHAL KESiffiVE BANKS*
Ju ly 3,
II T I A L
Not for publication
Ratio of gold reservos
Ratio of gold and
to F*R. notos in
lawful money roservos
actual circulation
to not deposits
Juno 27-*--July 3
June 27— 'July 3
Ratio of total reserves to
net deposit and F~ R* note
liabilities Combined
June 27“ — July 3
St- 474
1919*
Ratio of gold rusorvos to F-R- notos in
actual circulation after sotting asido
35$ against ndt deposit liabilities.
Juno 2 7 ------- July 3
Boston -
43*2
42.2
40.5
4o . i
4 1.5
Now York
64.7
50.8
4 3.0
4 i „3
54-3
p hi lade Ip hi a
*U,5
44.0
40.0
4q . o
4 o -5
41.4
43.4
44.7
Cleveland
55-3
59*1
54.2
58,3
54.6
58.6
65.8
7 2.6
Riclmond
55*7
28.8
3 7 .1
48.8
42-8
42*8
46.3
46.1
Atlanta
46.2
56.0
4 i.6
44.3
42.9
47.5
45.9
52.3
Chicago
49.5
4s . 5
6 S .5
68.4
6 1.7
60-8
76*6
76.8
S'v*■ Loui 3
53*1
60.8
56.4
6l*2
55*2
6 1.5
6b .3
74.7
I'inneapolis
65 . s
73 0
49*2
49.2
55-5
.5 9 * 2 .
68.0
76.2
Kansas City
44.3
59*0
C\J
*
43.9
44*2
50.3
50.8
6 1.4
Pallas
4i . o
37 ^
4i . o
4i . o
4i . o
39*4
4 6.1
43.0
San Francisco
42.6
64-3
58.4
59*5
55*9
6i . l
61.4
74.0
56 . 0 '
5 l <6
49.5
50.2
52 .1
50. s
64.2
6 1.7
To tal
PIVISION OF REPORTS AND STATISTICS
FEDERAL RESERVE BOARD
July 9, ISIS*
40.8
46.1
45.3
43.8
75*2
57 -3
C 0 N F I D M H A .
L
s t ’ ^75
Net for publication.
REDISCOUNTS M D SALES OF DISCOUNTED M D PURCHASED PAPER BETWEEN
FEDERAL RESERVE BANKS-DURING CALENDAR YEAR 1913.
Chronological Tablo - Juno 1919‘
Discounted or
purchased by •Date
F* R. Bank of
Cleveland
Chicago
Minneapolis
Cleveland
Sb. Loui s
Minneapolis
Chicago
St. Louis
Chicago
Minneapolis
San Francisco
Chicago
Cleveland
Chicago
San Francisco
Chicago
n
Cleveland
Chicago
Minneapolis
Cleveland
Chicago
St. Louis
Minneapolis
Chicago
Cleveland
Chi cago
Minneapolis
Chicago
Cleveland
Chicago
San Francisco
Cleveland
Chicago
Cleve land
St. Louis
Minnoapolio
San Francisco
Chicago
Minneapolis
Chicago
Minneapolis
Now York
Chicago
11
11
Minneapolis
REDISCOUNTED OR SOLD EY FEDERAL RESERVE BANK OF
BOSTON * NEW YORK PHILADELPHIA RICHMOND
pur, Bill': '* pur.Bills Disc.Bills Disc. Bills
•June
• 2
« 2
» 2
• 3
« 3
1 3
1 1+
« 4
« 5
» 5
* 6
* 7
» 9
» 9
» 9
t 10
t 11
» 12
» 12
» 12
» 13
• 13
» 13
» 13
« l4
1 16
» 16
• 16
• .18
t 19
» 19
t 19
t 20
« 20
» 23
» 23
l 23
» 23
. 2U
* 25
» 26
t 26
* 27
» 27
« 2S
1 30
» 30
Total
• •
0 0 4
* t ♦
• * *
• ♦9
4 • •
# # «
» 1 <
l 4 0
« « 9
* * t
% 4 4
t 1 1
• * «
t * *
» 1 «
♦ i ♦
« • *
• • «
fit
* * ♦
4 9
• f •
4 4 4
4 •
* ♦t
• • «
* » *
• * »
• ( <
* t •
4 4 4
• * *
4 4 4
• f ♦
♦♦♦
t » *
t 1 •
t » •
* * *
5,051, 566
» • »
4 * *
* $ *
*
4
0
4
f
4
♦
#
#
♦
«
4 4
4 4
9 4
4 4
( *
» »
* *
* *
♦*
» »
1
5,3.20,057
« 9 • •
» •f « #
♦ « « ♦
3,318,585
• « « •
4 « • •
9 4 0 9
4 4 9*
9 4 4 4
9 4 4 4
% « * *
» * • •
9 4 4 4
« • ♦*
6 4 4 4
9 4 4 9
9 9 9
4 4 9
9 1 9 9
9
6
5 , oil, U7 2
* * 9 4
9 9 9 9
1 • ♦♦
4*44
4 * * *
5,028,319
♦# * *
4 0*1
4449
4994
4
4
4
4
4
4 4 9
4 4*
4*4
4 0 4
4 * ♦
5 , 000,000
• • « i
* • 4 •
# ♦• *
5 ,000, ooo
4 * • «
5 . 000.000
7 . 000.000
• * » ♦
* 4 4 %
4 0 4 4
1 * • *
f « ♦•
f * • *
• • • *
8, 000,000
4 4 4 4
* • « *
5 , 000,000
* t 4 9
4 9*4
9 4 4 4
8, 000,000
4 , 000,000
8 ,000,000
5, 000,000
5 , 000,000
e ♦• •
5 , 000,000
5, 000,000
d ♦# f
* 4 4 4
10, 000,000
5 , 000,000
*44*
10, 000,000
4*4 4
4 4 4 4
10, 00U,coo
0 * • •
10, 000,000
i * • *
* « * *
5, 000,000
5, 000,000
10, 000,000
0 4 4 9
5 , 000,000
9499
10, 000,000
5 , 000,000
* * * *
5 , 000,000
• 1 * •
4 4 4 4
10 , 000,000
5 , 000,000
4*94
4 4 4 t
5, 000,000
5, 000,000
* 4 4 4
4*90
4 4 0 4
5 ,000,000
I » • 4
10 ,000,000
5 , 000,000
• 4 4 *
4 4 * 4
5 , 000,000
4
.
13 000 000
4 000 000
•
•
4
•
•
«
5 000 000
4
4
4
«
4
4
4
4
2 500 000
4
9
•
•
•
4
\.
4 000 000
2 500 000
1
•
500
000
2
»
•
0
«
4999
3 500 000
4
1
•
4
4 000 000
•
*
7 000 000
•
t
♦ 4
*
•
5, 000,000
6 000 000
4 4 4 9
4 0 9 4
4 9 4 4
10, 000,000
« * * .1
15 , 000,000
• 4 4 4
4 4 4 0
5 , 000,000
10, 000,000
5, 000,000
4 4 » t
5 , 000,000
< 111
5 , 000,000
5 , 000,000
4
*
4
*
2 775 coo
I
»
t
•
♦
•
•
•
I
•
•
I
*
4
•
4
»
1
4
3 000 000
♦
*
•
1
4449
4 4 4 4
10, 000,000
5, 000,000
4 4 4 9
5 , 061, 56$ 12,503,43,3 140,000,000 155, 000,000
DIVISION 0? REPORTS M D STATISTICS
FEDERAL RESERVE BOARD
July 9, 1919*
«
4
9
»
♦
»
*
«
»
DALLAS
Disc. Bills
59,775,000
'
Not for p u b lic a tio n .
Boston
New York
Ph ilad e lp h ia
___________
’ BOSTON * NEW
« YORK
1
A tlanta
1
C-^lcago
1
St- Louis
?
Ilinnoapolis
*
I
San Francisco
*
1
Since Jan* 1
To tal
pu r .y B i l l s
D i s . B ills
»
I
<£5,000
I
-
1
-
-
|
cs 1,000
I
c3 0,000
°U f 000
X
t
c3 5 ,o o o f
. r ■«.
1
t
c 50 , 000*
^
I
T
l
t
c70 , 000»
t
-
1
• a i s , 50s
f
1
1
1
T
}
_
Ti
155 , OOQt
-
;
-
1
I
* O0 f3 SS >121,973 1+17,017
1 Uo,3^3 *121,973
1 civy
^ 17,017
JULY 9,
r
t
f
T
t
5,062 » 1S,508*1UO,GOG
191S
t
1
1
—
1
^
_
T
1
t ;
I
?
T
I
t
-
t
_
1
1
1
—
?
-J
—
.j
*
-
? v1
?
;
_ •, -1 •' w';
U3 5 , 000*36,^90 *
t‘ _
t
i+3 5,000 *36,190 *
t
f
. r
- t
1
1
1
1
-
t
5,062
*
t
r
5 5 ,1 5 6
? 15 , 15 6 ‘
Y
1
1
|
|
I1
-i.
- •
‘ -
1
\
1
1
*—
%
1
f
c5 5 ,7 7 5
~- •* * 106,775 7 0 1 ,3 3 3
| 2 5 ,1 3 6 ’ 676 , 6 9 7 .
1
5, 0 71*
• *' - ;
* 30,000
•%,000
> 7 6 , 000' 273,295 * 19 , 2S 2 ’ 2 5 ^ ,0 1 3
55’, 0 71 J
1
t
50,000
1
1
15,070 * 10 , Q 7 0 1
3*
1
•
1 • ~
«
1
- 4
«
;
f
1
-jmm * IS , :50o’ 67,.tei+. < ..al-^Zkr
, •
I
r
r
• - ? 137 s , 3^5'
-
-
m
* -m
!
I : ~ "■
^ 0,000
!
* 60,000 2U6,2U0 » 20 , 223 * 2 2 6 ,0 1 7
-
T
-
t
t - - ;
I
1
-
t
i~ - ;
1 - 1
\• -
1
I
-
; *
t
-
'
1
-
1■ 1
1
^ 76•
SINCE "JANUARY 1, 1919
TOTAL ' * PUR. ‘ DISCTD.
. SILLS ’ B IL L S ... ’
SAN * MONTH
m iti. t
t
I
f
J
t
t • - :
J
—
t
I
_
I
_ ■?
t
I
t
1
t
for
S4*
t
t
*
1
-
J
_
t
-
1 cm
1
1
-
-
t
I P - 1 SION OF KCPORTS AND STATISTICS, FEDERAL RESERVE BOARD
1
t
1
-
1
1
DALLAS
1
_
1 1
t
1 ' - ~f
\
1
—
t
-
t
1
!
1
Total
1
1
I
I
D a llas
1
-
V
1
*ATLANTA7CIIICAGO 1 "st*
?
r
rlo u is f
r
!
1
I
1
«•. —I
-
1
Richmond
1
{
» ?5 , o 62
1
*
PHILA. CLEVEL1 HI C M *
-
1
Cleveland
Kansas City
....................................
REDISCOUNTS AND SALES OF DISCOUNTED AND PURCHASED PAPER BETWEEN FEDERAL RESERVE BANKS
DURING THE CALENDAR YEAR 1919Monthly Sunmary - May 1919*
-— .----- i -'
Rsdiscounted or sold by Federal Re serve Bank of
1 TOTAL
C O N F I D E N T I A L .
Discounted or
purchased by
IP* R * Bank of
-
•-m
5 9 ,7 7 5
1
^•6 1 30,000 3 1 3 ,^ 7 5
M r
t 30,000 >13 ,“+75
•_
_
__ _£_____:
_:-
»
*
1
l,;i+i4,cS3'
162,3 & T
1
!
-
'. ?
•
•
• ’l,251’, 727
(a) Acceptances ptirchasod in open marko
(c) Manbor banks* collatcra.1 notes sac-ur-ed T#- Gov’ t- war obligations.
:
@FedFRASER