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Released for publication Sunday morning May 21, 1916. Not earlier. 662 STATEMENT FOR THE PRESS. May 20, 1916, Transfers of an additional instalment of reserves by member banks outside of central reserve cities, due on May 16, are responsible for the considerable gains in bank deposits, also in gold and cash holdings of the Federal reserve banks shown by the weekly bank statement made public by the Federal Reserve Board as at close of business on May 19, 1916, The net bank deposits of the Federal reserve banks show an increase for the week of 35.2 millions, all the banks except New York reporting substantial gains under this head. The latter bank reports a decrease in net bank deposits and an increase of 7.9 million dollars in the amount due to other Federal reserve banks. As the total amount of discounts on hand - 19.8 millions - is less than the like amount shown at the end of the previous week, the additional reserves were paid !* apparently in cash or in form of exchange, on New York mainly. The total gain in cash was 24.3 millions, all the banks, except St, Louis and Dallas reporting larger cash holdings than the week before, The latter two banks show, however, largely increased balances due from other Federal reserve banks, which, when turned into cash, will inorease their reserve holdings. The gold holdings of the banks increased about 14.4 millions, the New York bank showing a decrease of 2,9 millions in £old, transferred to other Federal reserve banks through the Gold Settlement Fund. This decrease is more than offset by an increase of 8 million dollars in other cash, representing in part transfers of reserves by member banks of the district outside of New York City, Discounted bills on hand are below 20 millions, the smallest figure shown for the past 14 months and only 27,5 per cent of the total paper held by the banks. The decreases are largest in the casd of the Richmond and Atlanta banks, whose holdings of discounted paper declined about 47 per cent since the beginning of the year, while the total dis counts held by the Dallas bank increased slightly as the result of larger holdings of bills with longer maturities. There has been an increase for the week of about 3 millions in the amount of acceptances held, all the banks active in the acceptance field, except Chicago, showing larger holdings than the week before. United States bonds on hand increased $569,000 as the reault of fresh purchases by 5 banks. No change is shown in the amounts of 3 per cent Treasury notes on hand* The total earning assets of the banks increased $7,558,000 and constitute now 313,7 per cent of the total paid-in capital, compared with 300 per cen the week before and about 190 per cent three months previous. Of the total earning assets acceptances represent now 30»3 per cent; United States bonds,. 30,1 per cent; warrants, 25,9 per cent; discounts, 11,5 per cent; and Treasury notes, 2.2 per cent. Government deposits increased during the week about 2.3 millions, the Chicago bank reporting the largest gain under this head. The reserve position of the banks shows but little change since the week before, ex cept that the ratio of gold against liabilities has declined from 68,1 to 66,4 per cent. There has been a slight decrease in the amount of Federal reserve bank notes in actual circulation. Federal Reserve Agents report a total of 186 millions of Federal reserve notes outstanding, against which they hold $176,693,000 of gold and $10,720,000 of paper. The banks report a total of $L58,239,000 of Federal reserve notes in circulation, Their aggregate net liabilities on the notes received from the Agents is given as $8,018,000, Released for publication Sunday utorv-itig t-ay cSlj 131d. _ Not Earlier. STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS OF THE UNITED STATES AT CLOSE OF BUSINESS R Gold Gold Gold E S O U R C E S . _Ma,y 19,1916. coin and certificates in vault................................... $246,812,000 settlement fund......... .................................................... 77,971,000 r#&esiption fund with United States Treasurer. . . . . . I , 825v000 Total gold reserve......................................................... 326,608,000 Legal tender notes, silver, etc.......................................... 17>697.000 Total reserve............... '................................................- 344,305,000 Bills discounted and Bought: Maturities I ¥/ithin 10 days................... .................... 8,849,000 From 11 to 3® d a y s . . . . . . ........................* 17,286,000 " 31 to 60 days..................................... 25,346,000 n 6l to 90 days................................... 17,108,000 Over 90 days.............................................. 3,406.000 Total.............. ............................................................. . 71,995,000 Investments t Unxted States B o n d s 51, 8^7, 000 One-year United States Treasury notes.. 3,840,000 Municipal w a r r a n t s 44, 482j000 Total earning assets............... ........... ..................... s172,154,000 Federal Reserve notes — Net............... ........... . 26,472,000 Due froa Federal Reserve Banks — Net............. ................. 19,448,000 All other resources.................. ................. ...................... . 5,992,000 TOTAL RESOURCES......................................................... $568,371,000 L X A B I L _I T I E S . Capital pciit-in..................................................................... $54,870,000 Government dopos its .............................................................. 40,475,000 Reserve deposits — N e t ................................................. 463,022,000 Federal Reserve notes — N e t . .. ........... ...................... . 8,018,000 Federal Reserve bank notes in circulation...................... 1,736,000 250*000 All other l i a b i l i t i e s .... ....... ..................................... . TOTAL L IA B IL IT IE S ..,................................................ $568,371,000 Gold reserve against net deposit and note liabilities ( a ) Cash reserve against net deposit and note liabilities ( a ) Cash reserve against net deposit liabilities after setting aside 40$ gold reserve against aggregate net liabilities on federal reserve notes in circulation (A )......... ........... (A) Less items in transit between F.R. Banks, viz: May 12. 1916 238.485.000 71 , 911,000 1.778.000 312.174.000 7.927.000 320. 101.000 6.802.000 18.482.000 26.124.000 14.895.000 2.900.000 69, 203, 0'00 February 18,1916. November 19.1915. May 21,1915. 255. 369.000 245, 400,000 81.648.000 1.300.000 338.317.000 18.274.000 356.591.000 69.345.000 1,232,000 315.977.000 32.173.000 348.150.000 232, 07s .,000 10. 270.000 1,028,000 243.376.000 36.832.000 280.208.000 5.987.000 4.603.000 ( 13 . 115.000 12. 320.000 ( 18.224.000 51 . 268.000 2.428.000 52.814.000 26.422.000 15.835.000 9.018.000 3,373-000 45.149.000 12.674.000 3.840.000 40.285.000 I54'596,boo 24.964.000 104.200.000 27.519.000 85.342.000 26. 053.000 15 . 752.000 28. 576.000 12. 255.000 18. 792.000 15 827.000 4.691.000 - 7,929,000 509.551.000 3,662,000 4-71,773,000 54.854.000 227,000 54.886.000 28.946.000 416.490.000 9.089.000 •» « »« 140,000 531 . 193.000 509. 551.000 531 . 193.000 54. 850.000 38. 153.000 427.810.000 8.402.000 1 . 751.000 13 . 060.000 1 Y 19, 1916. ♦* •»* *« « . 15, 000,000 384. 997.000 12. 923.000 •• « •« r.3«m .QQ0 471.773.000 , 13 809,000 12.364.000 ( ( 8.453.000 34.626.000 6.813.000 *• * *« 22.529.000 63,S d 8,000 6, 651,000 6, 650,000 4.997.000 362.474.000 54.135.000 • » *« « . 295 038.000 . 10 859.000 • * • * * 2.442.000 362, 474,000 66.4$ 70.0$ 69. 8$ 80.6$ 79.6 $ 87 .7 $ 93 .7$ 70«5$ 70. 4$ 81.5$ 89.3 $ 95*6$ $ 19,448,000 68.1$ 15, 752,000 76. 5$ 12, 255,000 15, 827,000 81 .3$ 6, 650,000 Released for publi.ca.Tion 6unday morning 1 - 'J- - • 3 „ i i - j r . ou2 j . WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS MAY 19, 1916. (In thousands of dollars) B E S O U R C E S , N. Y.. Phila. Clevel. Richm. Atlanta Chicago St.Louis Minnls. Kas.Cy. Dallas S.Fran. TOTAL Boston $6,670 145,142 9,718 12,247 5,054 6,159 34,959 6,080 6,076 4,208 3,883 6,616 246,812 Gold coin and certif in vault 4,093 10,974 11,958 7,847 11,453 3,475 4,753 3,923 2,981 4,692 8,421 3,401 77,971 Gold settlement fund 250 50 5 57 30 26 446 200 64 189 488 10 1,825 Gold redemption fund 149,485 20,742 20,120 18,633 16,953 9,124 9,035 10,037 39,082 10,802 12,493 10,122 326,608 Total gold reserve 9.679 857 660 266 1.085 858 10 17,697 175 375 2.578 172 982 Legal tender notes, silver, etc.. 18.899 159.164 21.599 21.205 17.138 10.497 41.660 10.106 11.462 . 9,197 13.351 10.037 344,305 Total reserve 337 164 728 304 5,267 3,054 1,799 549 1,751 653 4,774 429 19,809 Bills discounted - Members — 17.941 11.047 8.295 2.017 1,169 961 1,269 2.851 1,333 2.508 3.896 52,186 B i n s bought in open market 18.278 9.023 2.812 6,228 4,323 4.650 2,566 2.920 1.885 4.774 11.311 3.335 71.995 Total bills on hand 3,489 3,538 2,034 3,344 3,082 6,346 1,525 2,959 9,311 9,753 3,866 3,590 51,837 Investments: U, S. bonds _ _ --- 350 -1,532 350 410 456 380 462 3,840 One-year U.S. Treas. notes _ _ 17.074 4.145 4.068 5.684 1.749 60 5.796 2.078 3.520 1.308 44.482 MunicipaT warrants 40.373 17.091 14.842 6.357 20.199 7.657 13,949 7.640 8.269 18.688 7,654 9,435 172.154 Total eamiug assets 257 1,637 --14,434 1,607 920 1,014 472 1,293 4,838 26,472 Federal reserve notes - Net -1,934 2,629 1,761 966 4,021 6,733 2,834 3,39 5 1,169* 3,565(a)l9,448 Duo frca other F. R. banks - Net 2,320 77 240 323 314 708 863 144 870 195 798 1.338 122 5.992 All otner resources 70.907 22.377 40,854 31,866 27.311 214.294 41.116 40.958 28.266 20.706 23.498 27.997 568,371 TOTAL RESOURCES L I A B I L I T I E S . Capital paid in Government deposits Reserve deposits - Net Federal reserve notes - Net F. R. bank notes in circulation Due to other F. R. banks - Net All other liabilities TOTAL LIABILITIES 4,943 1,727 34,394 -- 5,216 11,283 2,310 6,608 184,624 33,432 --r -11,779 -_ 52 41.116 214.294 -40.958 • 5,965 1,005 33,883 -- 3,348 6,440 14,187 4.239 2,469 7,152 10,969 -- 6,673 2,746 61,488 -- 2,792 3,351 16,234 -- 2,574 692 18,600 -- 3,006 758 20,958 853 1,736 2,675 6,161 11,736 3,926 -- 3,926 1,524 22,517 --- 54,870 40,475 463,022 8,018 1,736 -40,854 52 38.266 116 20.706 -70,907 _ 22.377 -31,866 — 27,311 23,498 30 27,997 250 568,371 9,392 15,413 11,918 676 232 4,838 9.160 14.737 7,080 8,307 11,811' 11,918 _ _ -4,838 - 2.936 853 to other F, R. banks. 186,000 27,761 158,239 176/693 26,472 8,018 M E M O R A N D U M . 3,678 7,252 13,069 72,645 6, 566 10,455 10,526 14,472 F. R. notes issued to the banks 10,614 1,607 1.637 257 920 1.293 1.014'- 14.434 472 381 F. R. notes in hands of banks 2,071 9.600 6.309 6,332 11,432 58.211 9.983 10.145 13.179 E. R. aotes in circulation 5,906 14,472 3,678 6,566 10,455 7,252 13,069 Gold and lawful money with Agent 10,614 - 72,645 257 1,607 14,434 -1,293 920 1,637 473 1,014 CarrioS to net assets ------4.239 -Carried to net liabilities (a) Items in transit i. e. totJ. amounts due from less total amounts duo 662 c . Released for publication Sunday morning May 21, 1916. - Not earlier. STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS MAY 19, 1916. (in thousands of dollars) Boston Federal reserve notes: Received from the Comptroller Returned to the Comptroller Chargeable to p. R. Agent Phila. Clevel. Richm. 13,360 17,000 20,400 9,380 9,600 19,000 13,000 23,580 12,560 289,980 2,386 26,395 2,821 1,205 3,074 1,832 821 586 221 690 1,653 642 42,226 18,094 89,845 12,659 12,155 13,926 18,568 8, 559 9,014 18,779 12,310 21,927 11,918. 247,754 7,480 17,200 6,093 1,700 3,400 4,096 4,881 1,762 5,710 2,918 6,514 10,514 72,645 6,566 10,455 10,526 14,472 3,678 7,252 13,069 9,392 15,413 9,700 70,717 3,360 9,700 2,850 10,040 4,000 9,540 914 1,928 436 755 -- With Federal Reserve Board - - 2,770 - - As security for outstanding notes: Commercial paper 10,614 Amount Of commercial paper delivered *.to Federal Reserve Agent -- •*. * TOTAL 15,480 Credit balances: In gold redemption fund • St.Louis Minnls. Kas.Cy. Dallas.S■ ♦Fran. 116,240 ^Amounts h&ld by F. R. Agent in x'edsmption of liability on outstanding notes: On hand: Gold coin raid certificates T 0 f A L Atlanta Chicago $30,380 In hands of F. R. Agent Issued to F. R. bank less amount returned to F, R. Agent for redemption H. Y. 276 1,022 368 372 679 407 5,630 13,450 3,310 4,030 2,350 3,900 4,620 72,645 6,566 10,455 10,526 5,287 14,472 3,678 7,252 13,069 791 - - 11,918 61,754 186,000 119,907 358 8,306 1,480 11,560 48,480 1,085 3,602 - 9,307 9,392 15,413 11,918 186,000 1,097 4,336 -- 10,720 - Released for publication Sunday morning May 28, 1916 - Hot earlier 673. STATEMENT? FOR THE PRESS. May 27, 1916. Bank deposits and cash resources of the Federal Reserve banks show further increases of 13,7 and 14e8 millions as the result of additional reserve transfers by member banks during the past week, according to the regular weekly b&nk statement made public today by the Federal Re serve Board as at close of business on May 26, Combined gold reserves of the banks increased over 10,5 millions, all the banks, except New York, Boston and Minneapolis, reporting substantial gains in their gold holdings, mainly as the result of transfers of gold to their credit on the books of the Gold Settlement Fund. The New York bank's gold holdings decreased since the previous week by 4 ,6 millions, of which 2.1 milliorswas deposited with the Federal Reserve Agent to reduce the bank's liability on outstanding Federal re serve notes, This decrease is offset in part by a decrease of about 3 millions in the amount due to other Federal reserve banks. The bank's gain during the week in cash other than gold, was about 4 .8 millions, leaving the total cash reserve of the bank practically unchanged. The Cleveland and Kansas City banks show the largest gains in gold, mainly by transfers from Chicago and New York through the Gold Settlement Fund. The gold resources of the system, including the amounts of gold held by the Federal Reserve Agents against Federal reserve notes out standing, total at present $515,255,000, compared with $526,213,000 about three months previous. The decrease in the Agents' gold hold ings since February 25, was $7,659,000, while the banks show a decrease of gold during the same period of $3,299,000, or a total decrease for the system of nearly 11 millions, notwithstanding the gain of about 25 millions in gold deposited by member banks during the past two weeks. As against this decrease in gold holdings the investments of the banks show an increase during the quarter of $66,885,000, and their note circulation - a decrease of $11,979,000. It is evident, therefore, that practically all investments for the quarter have been paid for in gold. Discounted paper on hand increased during the week over one half millinn, the St. Louis bank reporting the largest gain. Acceptances on hand show an equal gain, notwithstanding the smaller figures shown for the Boston and New York banks. Of the total bills on hand, 37.7 per cent mature within 30 days and 33.9 per cent after 30 but within 60 days. The amount of agricultural and live-stock paper maturing after 90 days was $3,668,000, or 18 per cent of the total discounts held. About two-thirds of this class of paper was held by the Dallas, Kansas City and Chicago banks. The holdings of United States bonds show an increase of $105,000, three banks reporting bond transactions for the week. No change appears in the amount of one-year Treasury notes held by the banks. The net addition to warrants on hand is less than one-half million dollars, San Francisco reporting the largest gain under this head. -2 - 673. Over 30 per cent of the total earning assets Is represented by acceptances, slightly less than 30 per cent by United States bonds, nearly 26 per cent by warrants, less than 12 per cent by discounts, and over 2 per cent by Treasury notes. The ratio of earning assets to paid-in capital stands at present at 317 per cent compared with 314 per cent the week before, and 195 per cent about 3 months pre vious, Government deposits increased about 3,7 millions,, mainly with the New York, Philadelphia and San Francisco banks. Increases in bank deposits are shown for all the Reserve banka except Atlanta. Federal Reserve bank notes in circulation decreased slightly during the week. Federal Reserve Agents report $187,248,000 of Federal reserve notes idoued, against which they hold $178,116,000 of gold and $10,208,000 of paper* T$e banks show a total of $159,389,000 of Federal reserve notes in circulation, and aggregate liabilities upon notes issued to them by the Agents of $7,706,000, the lowest figure reported since March 12, 1915. Released for publication Sunday morning, May 28, 1916. lot earlier. STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE B. ^ R E S O U R C E S . Gold coin and certificates in vault........................................ Gold settlement fund...................... ............ ............................... Gold redemption fund with United States Treasurer............... Total gold reserve............. ................................................. Legal tender notes, silver, etc........................................ ....... Total reserve.......................................................... ............ Bills discounted and bought; Maturities: Within 10 d a y s ........................... . ...................... From 11 to 30 d a y s ..,................................... . " 31 to 60 d a y s . .. . ...................................... " 61 to 90 days................. ......... ................ Over 90 d a y s . . . . .............. .................................. Total............. . ................................. •'.................................. Investments: United States "bonds......................................... One’-year United States Treasury Hotes. . . . . . . . Municipal warrants............................................... Total earning assets................................................. *........ Federal reserve notes - N e t ,.................................................... Due from Federal reserve tanks - N e t . . . . . ............................. All other resources„................................................................... TOTAL RESOURCES................................................................... L I A B I L I T I E S . Capital paid in ............... ............................................................. Government deposits..................................................................... Reserve deposits - N e t ...................... ........................................ Federal reserve notes - Net....................................................... Federal reserve bank notes in circulation............................. All other liabilities...................... .......................................... TOTAL L IA B IL IT IE S ........... ................................................ Gold rteerve against net deposit and note liabilities (A). Cash reserve against net deposit and note liabilities (a ). Cash r##erve against net deposit liabilities after setting aside 40$ gold reserve against aggregate net liabilities on Federal reserve notes in_circulation_(A)^.,_.^. Less items in transit between F. R. b?jaks viz: May 26, 1916 $242 985 000 91*991*000 2.163.000 337,139,000 21.972f000 359,111,000 9 47^ qqq 673 S OF THE UNITED STATES AT CLOSE OF BUSINESS MAY 26, 1916, May 19, 1916 246.812.000 77.971.000 1.825.000 326.608.000 17.697.000 344.305.000 18*064*000 24,748,000 17,122,000 3.668.000 73,073,000 51,942,000 3,840 000 44.946.000 173,801,000 26,433,00# 16,512,000 9.493.000 $585, 350, 000 8.849.000 17.286.000 25.346.000 17.108.000 3.406.000 71.995.000 51.837.000 3.840.000 44.482.000 172.154.000 26.472.000 19.448.000 5.992.000 568.371.000 54,875,000 44',131,000 476,680,000 7,706,000 1,732,000 .........226.000 $585,350,000 54.870.000 40.475.000 463.022.000 8,018,000 1,736,000 250.000 568.371.000 65.8$ 70,1^ _ $16,512,000 66.4$ 7 0,0$ 70.5$ _ “19,448,500 February 25,1916 November 26, 1915 262.491.000 245.986.000 76.435.000 73.830.000 1.512.000 1.252.000 340.438.000 321.068.000 17.678.000 37.212.000 358.116.000 358.280.000 7.477.000 11.750.000 16.758.000 13.630.000 2.266.000 51.881.000 29.632.000 • • « * 6.164.000 11.129.000 18.325.000 9.524.000 3.831.000 48.973.000 12.919.000 • m% May 28,1915. 219.186.000 23.426.000 1.028.000 243.640.000 31.989.000 275.629.000 Jl2,907,000 12.423.000 8,621,000 33.951.000 6.947.000 • «« « » « « 23.094.000 63.992.000 7.765.000 7.435.000 5.426.000 360,247,000 25.403.000 106.916.000 23.793.000 13.274.000 11.401.000 513.500.000 27.308.000 89.200.000 19.176.000 14.053.000 4.633.000 485.342.000 54.897.000 32.501.000 416.566.000 9,386,000 150.000 513.500.000 54.846.000 15,000,000 397.952.000 13.385.000 * *• * • * * 4.159.000 485.342.000 3.118-666 360.247.000 76.5$ 80.4$ 77.9$ 86.9$ 82.4$ 93.3$ * * • • « «t 8! .3 $ _ 13,274,000“ _ 88. 5$ "14,053,000 ” 54.158.000 292.050.000 10.921.000 _95.3$ 7,435,000 - - 4,943 11,283 1,826 , 8,753 34,861 / 188,084 - -- 53 41,683 8,795 -216,915 5,216 3,082 36,116 -- -44,414 5,966 1,190 34,872 -_ -42,028 3,350 6, 358 15,052 4,108 55 28,923 2,469 7,490 10,866 -- 118 20,943 6,672 2,923 64,465 -- -74,060 2,794 2,778 16,600 -- -22,172 2,574 678 18,775 -- -22,027 Kas.Cy. 4,234 7,538 60 11,832 186 12,018 1,806 1,278 3,084 9,311 410 1,308 14,113 -— 1,477 994 28,602 Dallas 3,859 9,033 184 13,076 884 13,960 4,837 _ — 4,837 2,866 ——_ 7,703 —_ 230 1,663 23,556 S.Fran. TOTAL 5,386 242,985 91,991 6.103 10 2,163 11,499 337,139 21.972 8 11.507 359,111 405 20,365 3,371 52,708 3,776 73,073 3,609 51,942 _ _ 3,840 2.850 44,946 10,235 173,801 4,856 26,433 2,13l(a)l6,512 93 9,493 28.822 3,003 865 22,257 745 1,732 0,675 6,236 11,792 2,853 —— 3,930 1,952 22,940 -_ - 54,875 44,131 476,680 7,706 1,732 —— 28,602 _ — 23,556 —— 28,822 226 585,350 CO L I A B I L I T I E S . Capital paid in Governrcbiit deposits Reserve deposits — Net Federal reserve notes - Net F. R. bank notes in circulation Due to other F. R. banks - Net All other liabilities TOTAL LIABILITIES 673 b. BUSINESS MAY 26, 1916. o m *< in CO in Released for publication Sunday morning Hay 28, 1916. Not earlier. WEEKLY STATEMENT 01’ RESOURCES AND LIABILITIES OF EACH OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSE OF (In thousands of dollars) R E S O U R C E S . N. Y. Boston Phila. Clevel.. Richm. Atlanta Chicago St.Louis Minnls, $Y,Q42 142,261 6,709 12,180 Gold coin. and certif.in vault 5,155 6,483 37,658 5,876 6,142 10,381 2,045 14,881 11,217 13,072 4,711 Gold settlement fond 4,714 3,877 4,419 561 5 50 70 Gold redemption fund 464 478 30 200 51 17,428 144,867 21,640 23,467 18,691 11,675 41,735 10,346 10,883 Total gold reserve 334 14,441 736 1,061 Legal tender notes,silver,etc. 184 343 2,127 995 673 17,762 159,308 22,376 24 ,'528 18.875 12,018 43,862 11,341 11.556 Total reserve 136 324 812 301 5,344 3,028 1,809 905 Bills discounted ~ Members 658 10,334 17,595 8,736 2,791 1,360 806 1,239 3,059 2,139 Bilj.s bought in open market 10,470 17,919 9,548 3,092 4,267 3,044 Total bills on hand 4,868 2,018 ■6.150 3,48S 3,082 3,538 6,352 1,605 2,034 9,753 2,959 3,344 Investments: U; S. bonds _ _ -250 1,532 One-vear U.S.Treas* notes 462 456 380 350 17,100 4,079 5,677 5,801 ■1,749 60 Municipal warrants _ 4.244 2,078 18,046 40,040 17.627 15,121 8.271 6,301 20.422 Total earning assets 7,790 8.132 1,054 -13,985 138 530 1,049 1,402 1,615 1,803 Federal reserve notes - Net - 1,359 4,062 240 7, 616 1,602 1,179 751 Du.9 from other F. R. banks — Net 4,660 161 3,531 211 490 175 471 127 982 545 A. All other resources 41,683 216,915 44,414 42,028 28,923 20,943 74,060 22,172 22,027 TOTAL RESOURCES M E M O R A N D U M 6,485 10,428 10,350 14,432 10?558 74,742 -F. R. notes issued to the banks 6,956 13,137 3,673 9,368 15,209 11,910 13,986 138 .. 1,054 530 F, R. notes -in hands of banks 1,615 1,049 512 1.402 1,803 340 574 4,856 9,504 60,756 6.347' 9,898 9,838 13,030 F, R. notes in circulation 5,907 11,334 7,054 2,058 9,028 14,635 74,742 6,485 10,428 5,730 14,432 Gold and lawful money with Agent 10,558 3,673 6,956 13,137 11,910 8,283 11,782 —— 13,986 1,054 138 530 * Carried to net assets 1,402 4,856 1, 615 1,049 1,803 m Carried to net liabilities 4,108 745 2,853 --—,----- ^ .......................... ........... ........................................................ , , / —-------- --------- .... , ■„ ,,___________________________________________ ___________ ‘ W W M K3>) Items in transit i.e* total amounts due from less total amounts due to other F. R. banks. - - • - - - - n - - - - - _ - - 187,248. 27,859 159,389 178,116 y 26,433 7,706 , Released for publication Su»*-x7 «nr»ine.May .3«, 1916. Hot -earlier 673 c. STATEMENT OF FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS MAY 26, 1916. (in thousands of dollars) Federal reserve notes: Received from the Comptroller Boston U. Y, $20,380 116,240 2,642 26,698 2,902 17,738 89,542 7,180 1,232 3,250 1,872 12,578 12,128 13,750 18,528 8,554 8,718 14,800 6,093 1,700 3,400 4,096 4,881 10,558 74,742 6,485 10,428 10,350 14,432 3,673 9,700 73,117 3, 360 9,700 858 1,625 355 728 amounts held by F. R. Agent in redemption of liability on outstanding notes: On han&r Gold coin and certificates Credit balances: In gold redemption fund -- With Federal Reserve Board _ _ 2,770 -- As security for outstanding notesi• Commercial paper T B I A L 10,558 Amount of conmercial paper delivered -to FedMfcl Reserve Agent St.Louis Minnls.Kas.Cy. Dallas S.Fran. 20,400 In hands of F. R. Agent Issued to F. R. bank less amount returned to F. R. Agent for redemption fiichm. Atlanta Chicago 17,000 Returned'to the Comptroller' Chargeable to F. R. Agent Phils.. .Clevel, . 15,480 13,360 9,380 9,600 826 . 530 982 363 5,200 13,450 3,310 13,000 23,580 12,560 714 1,682 650 18,767 12,286 21,898 1,762 5,630 2,918 6, 689 6,956 13,137 9,368 15,209 2,850 10,120 4,000 9,540 356 667 583 762 350 8,159 2,350 3,700 1,480 11,560 47,570 -- 1,085 3,427 - - 9,132 13,137 9,368 15,209 —- 1,085 4,189 882 3,750 4,620 74,742 -- 6,485 -- 10,428 10,350 _ - 4,934 14,432 3,673 6,956 19,000 TOTAL 233 289,980 43,583 11,910, 1246,397 -- 11,910 59,149 187,248 122,387 11,910 187,248 10,208
@FedFRASER