The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Released for publication Sunday morning Sfryetiber 17, 19.18; not e a r l i e r .
,
STATEMENT FOR THE PRESS-
gt',71
November 16, 1918,
v
F a r t h e r i n c r e a s e s i n t h e h o l d i n g s of war p a p e r , p r a c t i c a l l y o f f s e t by d e c r e a s e s
i n e t h e r d i s c o u n t s on hand, a l s o c o n s i d e r a b l e g a i n s i n government d e p o s i t s a c c a n e ^ - . i *
p a n i e d by a l a r g e r d e c l i n e i n members' r e s e r v e d e p o s i t s a r e i n d i c a t e d i n t h e F e d e r a l
Reserve B o a r d ' s weekly bank s t a t e m e n t i s s u e d a s a t . c l o s e of b u s i n e s s on November 15,
1918.
INVESTMENTS: Holdings of war p a p e r , i . e . , d i s c o u n t e d b i l l s s e c u r e d by U.S. war
o b l i g a t i o n s , show an i n c r e a s e f o r the week of 4 1 . 6 m i l l i o n s and c o n s t i t u t e a t
p r e s e n t 5 9 . 1 p o r c e n t of the R e s e r v e b a n k s ' t o t a l e a r n i n g a s s e t s , compared w i t h 57
per c e n t the week b e f o r e . Other d i s c o u n t e d b i l l s on hand d e c r e a s e d a b o u t 4 l m i l l i o n s
while h o l d i n g s of b i l l s p u r c h a s e d i n open m a r k e t went u p 3 »4 m i l l i o n s and of Govern-*,
ment s h o r t term s e c u r i t i e s - 1 - 5 m i l l i o n s . T o t a l e a r n i n g a s s e t s i n c r e a s e d a b o u t 5 - 4
m i l l i o n s f o r t h e week.
.
DEPOSITS: Government d e p o s i t s show c o n s i d e r a b l e i n c r e a s e s i n t h e 4 E a s t e r n
banks, w i t h a t o t a l g a i n f o r t h e week of 8 6 - 1 m i l l i o n s . Almost c o r r e s p o n d i n g dec r e a s e s a t t h e s e banks a r e shown i n members 1 r e s e r v e d e p o s i t s , t h e t o t a l d e c l i n e f o r
the week b e i n g 96 m i l l i o n s . Net d e p o s i t s show a n i n c r e a s e of 4 . 2 m i l l i o n s .
RESERVES? Gold r e s e r v e s i n c r e a s e d d u r i n g t h e week a b o u t 1 0 . 2 m i l l i o n s , w h i l e
t o t a l cash r e s e r v e s went up 9 m i l l i o n s . The b a n k s ' r e s e r v e p e r c e n t a g e shows a
s l i g h t r i s e from 4 g , 8 to 4 g , 9 p e r c e n t .
NOTE CIRCULATION: F e d e r a l Reserve Agents r e p o r t t h e i s s u e d u r i n g t h e weak of
. *8.1 m i l l i o n s n e t of n o t e s . The banks show an a c t u a l c i r c u l a t i o n of 2 , 5 6 2 - 5 m i l l i o n s of F.R. n o t e s , an i n c r e a s e of 4 . 3 m i l l i o n s f o r t h e week, b e s i d e s a g g r e g a t e
l i a b i l i t i e s of 72*9 m i l l i o n s , a s a g a i n s t 6 8 . 9 m i l l i o n s t h e week b e f o r e , on F . R , b a n k
notes in c i r c u l a t i o n .
CAPITAL: An i n c r e a s e of $79,000 i n t h e t o t a l of p a i d - i n c a p i t a l i s due i n p a r t
to admission of new members, a l s o t o i n c r e a s e s ' i n c a p i t a l or s u r p l u s by members of
the system. I n c r e a s e s under t h i s head a r e shown by a l l t h e banks e x c e p t t h o s e a t
Boston and S t . L o u i s .
CONDITION OF MEMBER BANKS, NOVEMBER 8, I 9 I S .
S u b s t a n t i a l w i t h d r a w a l s of Government d e p o s i t s and somewhat m a i l e r i n c r e a s e s
i n o t h e r demand d e p o s i t s , a l s o r e d u c t i o n i n some volume of the bank h o l d i n g s of U.S.
s e c u r i t i e s a r e i n d i c a t e d by t h e weekly s t a t e m e n t of c o n d i t i o n on November 8 of 751
member banks i n l e a d i n g c i t i e s .
T r e a s u r y c e r t i f i c a t e s on hand show a d e c l i n e of about 12.3 m i l l i o n s , i n d i c a t i n g
t h a t t h e b u l k of t h e 754 m i l l i o n c e r t i f i c a t e i s s u e due on November J had been del i v e r e d by s u b s c r i b i n g banks i n payment f o r L i b e r t y bonds. At the c e n t r a l r e s e r v e
c i t i e s the i n c r e a s e i n t h e c e r t i f i c a t e h o l d i n g s i s a p p a r e n t l y due t o a l a r g e e x t e n t
t o investment by t h e s e banks i n t h e most r e c e n t i s s u e of 4g p e r c e n t t a x c e r t i f i c a t e s . U.S. bonds o t h e r t h a n c i r c u l a t i o n bonds show a r e d u c t i o n of 6 2 . 9 m i l l i o n s ,
of which 23-3 m i l l i o n s r e p r e s e n t s the d e c r e a s e i n t h e h o l d i n g s of t h e c e n t r a l r e s e r v e c i t y b a n k s . Loans s e c u r e d by U.S. war o b l i g a t i o n s f e l l o f f 4 } . 7 m i l l i o n s a t
a l l r e p o r t i n g banks, and 5 0 . 6 m i l l i o n s a t the banks i n the c e n t r a l r e s e r v e c i t i e s .
A l l o t h e r l o a n s and i n v e s t m e n t s show a d e c l i n e of 28.4 m i l l i o n s , n o t w i t h s t a n d i n g a
g a i n of about 46 m i l l i o n s i n t h i s item r e p o r t e d by t h e G r e a t e r New York b a n k s - The
r a t i o of U.S. war s e c u r i t i e s and l o a n s s u p p o r t e d by such e o s t i r i t i a a . t o t o t a l l o a n s
and i n v e s t m e n t s d e c l i n e d from 2 2 , 2 t o 21.6 p e r c e n t f o r a l l r e p o r t i n g banks and from
23-6 t o 23 p e r c e n t f o r t h e banks i n the c e n t r a l r e s e r v e c i t i e s .
The week w i t n e s s e d t h e n e t w i t h d r a w a l of 239*4 m i l l i o n s of Government d e p o s i t s ,
7O.9 m i l l i o n s r e p r e s e n t i n g w i t h d r a w a l s from c e n t r a l r e s e r v e c i t y b a n k s . These w i t h d r a w a l s a r e accompanied b y an i n c r e a s e of 173*5 m i l l i o n s i n n e t demand d e p o s i t s of
a l l r e p o r t i n g banks, and of 8 8 . 5 m i l l i o n s i n t h e n e t d e p o s i t s of t h e c e n t r a l r e s e r v e
o i t y b a n k s . Time d e p o s i t s d e c l i n e d 18.7 m i l l i o n s . Reserve b a l a n c e s w i t h the Fede r a l Reserve Banks i n c r e a s e d 9 2 , 8 m i l l i o n ^ , and c a s h i n v a u l t - 1 0 . 2 m i l l i o n s .
For a l l r e p o r t i n g banks t h e r a t i o of d e p o s i t s t o i n v e s t m e n t s , because of the
r e l a t i v e l y l a r g e r d e c r e a s e i n i n v e s t m e n t s r o s e from 78-9 t o 79»2 p e r c e n t . For t h e
c e n t r a l r e s e r v e c i t y banks t h i s r a t i o shows a n i n c r e a s e frcm 85 t o 85*4 "per c a n t .
The r a t i o of combined c a s h and r e s e r v e b a l a n c e s t o d e p o s i t s went up from l 4 t o 15 p e r
c e n t f o r a l l r e p o r t i n g banks and f r c m 15*2 t o l 6 p e r c e n t f o r . t h e c e n t r a l r e s e r v e
c i t y b a n k s . "Excess r e s e r v e s " of a l l r e p o r t i n g banks i n c r e a s e d from 67*2 t o l 4 l . 2
m i l l i o n s . For t h e banks i n t h e c e n t r a l r e s e r v e c i t i e s an i n c r e a s e of t h i s item frcm
4s>9 t o 7 8 . 9 m i l l i o n s i s n o t e d .
St -jf -va
R e l e a s e d f o r p u b l i c a t i o n Sim day morning November 1 7 , 191S ; n o t e a r l i e r BUSINESS
NOVEMBER
15,
19.18.
BANKS
AT
CLOSE
OF
STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF THE TWELVE 5EDERAI, RESERVE
November l 6 , 1917
November 8 , 1918
November 15, 1913
R E S O U R C E S
$526,792,000
$386,437,000
Gold i n v a u l t and i n t r a n s i t
$375 ,527,000
363,710,000
4
3
5
,
4
5
2
,
0
0
0
Gold s e t t l e m e n t f u n d , F- R. Board
^33 ,885,000
52.500,000
n
.
8
2
9
.
0
0
0
Gold w i t h f o r e i g n a g e n c i e s
5 ,829,000
943 ,002,000
827,718,000
815 ,241,000
T o t a l g o l d h e l d by b a n k s
629,906.000
1
,
1
4
5
,
6
4
0
,
0
0
0
-1 , l 6 6 ,579,ooo
Gold w i t h F e d e r a l R e s e r v e Agents
11.420.000
7
3
.
2
3
3
.
0
0
0
Gold redemption f u n d
A ,957,000
1
,
5
S
4,32S;000
2
,
0
4
6
,
5
9
1
,
0
0
0
2,056,777,000
T o t a l gold r e s e r v e s
r
52.525-000
,4,248.000
53,03S.000
Legal tender n o t e s , s i l v e r , e t c .
2,100,839,000
1,636,853,000
2
,
1
0
9,816,000
Total reserves
W
1,316.967.000
1 , 3 5 8 , ^ 2 >000
B i l l s d i s c o u n t e d : S e c u r e d by Govt .war o b l i g a t i o n s
[487,850,000
480,271,000
4
3
9
,
3
All other
JL23_ S69 iPOO
T74.%2.000
377.877,000
B i l l s bought i n open m a r k e t
6s j., t v ; ,000
2,171,760,000
2,175,685,000
T o t a l b i l l s 011 h a n d
54,002,000
29,479,000
29 , 4 / 8 ,000
U - S * Gov en tin ant l o n g - t e r m s e c u r i t i e s
:i,87,904
000
9.; ; 9 0 0 0
93, U N ,ooo
U . S . Government, s h o r t - t e r m s e c u r i t i e s
2"
COO
U
J
Z
.000
28.000
A l l c bhei e a r n i n g a s s e t s
924,898,000
2 , 2 9 3 , 2 2 ; , , XO
2
,
2
9
8
,
6
4^00
Tot a. J e a T d n g a s s e t s
446,382>000
687,"68-000
717,785=000
U n c o l l e c t e d items (deduct from g r o s s d e p o s i t s )
537,000
3,924,000
4
,oou
,oco
5/b Redemption f u n d a g a i n s t F -R. bank n o t e s
3,736,000
18,790 ( ooo
18
J
69
-000
All other resources
3,012,4o6.ooo
5,104,244,000
5,1^8,418,000
TOTAL RESOURCES
L I A B I L I T I E S
Capital paid in
Surplus
Gwa-nnient d e p o s i t s
Due '"o members, r e s e r v e a c c o u n t
Collection items
Other d e p o s i t s , including f o r e i g n g o v t . c r e d i t s
Total gross deposits
F . E. n o t e s i n a c t u a l c i r c u l a t i o n
F• R. bank n o t e s i n c i r c u l a t i o n - n e t l i a b i l i t y
All other l i a b i l i t i e s
TOTAL LIABILITIES
R a t i o of t o t a l r e s e r v e s to n e t d e p o s i t and F . Rn o t e l i a b i l i t i e s combined
BaLio of g e l d r e s e r v e s t o F . R. n o t e s i n a c t u a l
c i r c u l a t i o n a f t e r s e t t i n g a s i d e 35$ a g a i n s t
net deposit l i a b i l i t i e s
79,903,000
1,134,000
246,401,000
1,^9,9^9,000
573,727,000
113 .385.000
160.256,000
1,^5,996,000
527,796,000
ll1-! .941.000
.2,383,462.000
2,562,517,000
72,930,000
4 8 . 4 7 2 .000
5,148,418,000
79,824,000
1,134,000
2,348,989,000
2,558,196,000
68,864,000
47.237.000
5,104,244,000
49.9$S
49.8^
59-6$
59 - l
66,691,000
218,887,000
1,480,498.000
240,437,000
21.925,000
1,961,747,000
972,585,000
8,000,000
3 ,383 ,00Q
3,012,406,000
65.8%
R e l e a s e d f o r p u b l i c a t i o n . Sunday u o r n i n g November 17, 1912; n o t e a r l i e r .
WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF EACH OF THE 1ETERAL RESERVE BANKS AT CLOSE OF BUSINESS
( I n t h o u s a n d s of d o l l a r s . )
RE S O U R C E S
Boston New York
P h i l a . C l e v e l . R i a t n - A t l a n t a CMcafXo St., L o u i s Minn.
•' Geld i n v a u l t a n d i n t r a n s i t
277,615
l i s 26, £42
6,2-8
7t 5x5
2,111
8,325
3,773
. Gold s e t t l e m e n t f u n d , F , 3 , B o a r d
4l,IS?
36,818 46,075 4 ? , 3 2 1
9 , y i u 1 5 , 6 1 5 h i ; 4 o 9 23,230 2 7 , 6 9 1
> >•>
Gold w i t h f o r e i g n a g e n c i e s
408
2011
4os
_2o4
_2.1.L_„
..5R5.
T o t a l g o l d h e l d by banks
45,374
316,444 4 6 , 6 0 4 74,usi; 1 6 , M
23.303 i3G,98o 3-',320 3v..':':-9
Gold w i t h F e d e r a l R e s e r v e A g e n t s
66,878
282,983 80,314 151,454 60.029 4-»,924 A q/..?42 4b. .73 5 / , 7 / 2
Gold r e d e m p t i o n f u n d
6,271
24,99?
7,700
u z z
Total gold r e s e r v e s
1188,523
624,419 1 3 4 , 6 1 s 226.7 <24 8 2 . 4 ( 0 72, no 3 4 5 , ^ 3 0 8 _ . j 9 1 9 7 , ^ 1
43
Legal t e n d e r r o t e s , s i l v e r , e t c .
^063
4^211
92't
'4.17^.. _ 6 u
a>l
res?rv2s
3 97 .627
12.'.. 1 2 6
667,630 135,59* 2 2 7 : ? 2 i H £ 3 3 : ' d ' 7 2 / 9 7 1 4 7 7 2 ^ " " ^
B i l l s )0c5C.bj- Govt.war o b l i g a t i o n s 134,813
38(7525 14%006 7 / , 0 0 2 1 ^ 7 ^ 6 = 4 5 4 , 0 ^ l i . 3 , 3 6 3 5 2 , 2 r! 1 903
K s o l d . )AA or h e r
ll'4"?
rtT^fjo /h, c;rg
I. b-NO
25,019
94/144 10.qo:2 77 9 0 3 v
Bills
in op^n
op.-;n m a r k e t
xn
Ihh..S3S_._33
-2£U'13
3_iQ2
T o t a l M A s on .cana
158,226
84 J., 95 0 19:1,260 J 32. 2.W 99. B/t QS.Oid) 2 3 7 . - 4 2 84. (-23 4.!., 42;,
U.-S.-Go v e r d a n t Tvor^- t t i i a o e c u r i t i e s
1 730
1,399
1.35-4
3,028
1,274
520
4,^9
1 :< 53
126
U.S.::'
t 2 ; J - s e c u r i t i e s 4,4iS
37^027
6 ^ 3 - 8 22,'425
22/23
3 , 5 7 2 i c ' 612
5,070
2,903
Tot-vi. e a r n i n g aorx3t =
U n c o i l s c t e d i t f z i s (cie±j.:t f r c m
f. -V C ? Cdope s i h )
5# Rode?* ' t i o n fluid agahick F#R*
.'jc.'Ves
A l l n2c '-;r re301:rocs
50"2.
]. L A B 1 L I T I Z S
C a p i t a l paid-121
Sl^plUii
Go v ern_nend d e p o s i t s
£310 t o 2Damber5, r e s e r v e a c c o u n t
C o l l e c t i o n i v&ZB
All oth sr deposits including
f o r 31,
T u t a l grono d e p o s i t s
F . R - n o i o s i n a c i / a a i ci r c u l a t i o n
F.EAccTb: no2a^ i n o i r o u l a : i or.,
net l i a b i l i t y
All other l i a b i l i t i e s
TOTAL LIABILITIES
lb4,4oi
62,061
146,296
68,303
51,357
51,
357
75
,
45,372
87 , 509
49,724
-
182,GO5
152,980
20,725
649
.48,756
599,319
153,325
7,39S
2, 881
-
26,726 24, 892
74,81b 113, .152
54,436 42, 060
St -1 l b
Kans-Cy." D a l l a s San F r a n . T o t a l
,165
g v I 1 5 10,581
375,527
1 8 , 9 3 8 12,823 3 b , ' / 4 s
433,885
U'<121
.5J)29
815,241
1 3 , ^ 4 21,'-42 4 7 , 6 s o
4;,h6J
24, .102 106,0^7 1,X6b, 579
2 , . 1 3 3 — ..125
1X22
7 1 , 1 6 91 4 7 , 3 9 9 I 3 S 0 1 5 2 , u 5 b , 7 7 7
P7A
no
1
i.U
71,27s 4b,':3 ^ 1 5 " . 2 1 - 5 2 , l C 9 , 8 l 6 f t
3 1 , 0 5 7 13, m k & T & d f r , 3 5 s ,
^9. i 4 o
439.
<1^2
125 xLuJSJJ
":9,00s - 5 SSS 12 8. ,2 2 2 , 1 ? 5 5 66?5
8
478
£ S'o7
4,003
3 , 4 6 "I
29.47
2,9;. 5
1,902
3-021
93,4%
J
>:
880,35b 195,937 7 6 6 " 3 S 7
29s
1,179
173
275
—l..523_ - . _ 4 j ^ a , 2,,. 61.1
5?:L.
343,346 1,699,933 405,718 ""446™ o!+9
6,599
NOVEMBER 15, I9.I8
56,743
39,710
86,681
64,939
15,541
69s580
22,703
33,871
717,785
442
221
88
207
24.1
156
5>-io
827
1.-.5.20.
20.2
1.. v ' 9
2. 0 .1,785.
637 "213 7 1 4 7C 339 239 7 7 * 1 3 7 , 9 / 4 243. 2.;^ 123,639 3 1 5 , 0 3 2
4,008
•' 8.16
186
0^4
13 6
922
3,174
4o
24.033
11,091
216
7.198
3,785
'
17,458
1 S49
17
217
108.053
36
-Tfr
zirrnr^915,513 165,978 ISO, l4o
723,355 223,022 248,204 132,122 116,9:,0 396 231 1.11,636
2,911
38
7.430
3,632
17,849
1'
64. S36 u 6 . c a
87.13:1. m ; b 5 3
3,123
8,347
4,54o
4,4.18
79,903
1,134
246.401
20
3.479
113, j>£0
3
54,
61,06.3 196.210 2 , 5 6 2 , 5 1 7 -
21,6.15
4,557
5,475
1,162
2, C78 12,866
4,292
1,580
8,4-79
3,149
3,363
72,930
3,514
4-8,472
X 57.1
6,3V
1, 27G_ l._47.1_ 2^561
1J55
2 ,"-c,
^
3,549
2.15
18,126
2,763
3.573
3 ^ , 3 ^ 1 , 6 9 ^ 9 3 3 4 0 5 , 7 i r W T c i i i W 5 , 6 3 7 213,314 7 0 2 , 5 5 9 239,8^6 1 5 7 , 9 7 0 4 3 , 2 9 1 123,635 315,032*5, l W , * 4 l 8
% r
StV/le
R e l e a s e d . f o r p u b l i c a t i o n Sunday morning November 17, 1918; n o t e a r l i e r .
STATEMENT OF FEDERAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS NOVEMBER 15, 1918.
( I n t h o u s a n d s of d o l l a r s . )
Boston
FEDERAL RESERVE NOTES:
R e c e i v e d from C o m p t r o l l e r
Returned to Comptroller
Chargeable t o F . R . Agent
I n haitds of F . R- Agent
I s s u e d to F . R . bank l e s s amount
r e t u r n e d t o F . R. Agent f o r
• redemption
COLLATERAL SECURITY FOR
OUTSTANDING NOTES:
Gold c o i n and c e r t i f i c a t e s on h a n d
Gold r e d e m p t i o n f u n d
Gold S e t t l e m e n t Fund, F . R . B o a r d
E l i g i b l e p a p e r , minimum r e q u i r e d
Tot a l
OF ELIGIBLE PAPER
nbL.CVERtiti 10 F- R. AGENT
New York
Phi l a . C l e v e l . Richm.
A t l a n t a Chicago S t . L o u i s
Minn. Kans.Cy. D a l l a s San F r a n .
229,020 1 , 1 8 9 , 4 4 o 3 0 9 , 7 8 0 3 0 0 , 4 o o 182,580 183,6U0 4 9 7 , 0 6 0 lU9,800 112,480 150,700
43.589
259.843
54,718
28.074 32,142
24 t o6o 38.844
Total
9 9 , 9 2 0 224,320
.3,629,140
9 5 , 0 7 3 1 2 7 , 6 1 s ,80,3.75 2 0 3 , 5 6 1
3,048,957
22,9?-5..jAQg—gj^.2.ISLllfe.J5*253
185,431
929,597 255,062 272.326 150,438 159,520 458,216 126,875
167.93 1
824,797 233,162 259, 5p6 l 4 l , _ 9 1 8 _ l 2 0 . 1 J J . J 3 Q _ _ g g A 5 a g _ l l 9 J S f L J g . C 8 5 . J & L ^ . _ 2 J M ^ 1 2 _
5,000
9,878
52,000
101,053
167.931
2,503
158,740
20,750
14,243 12,793 12,734
2,089
2,251
1,518
2,542
110,000 6 7 , 5 2 1 118,000 58,000 110,170 196,324 4 3 , 6 ) 1
541.814 152.848 108,022 S i . S4y f5: :sOS _ p p _ , _ 1 3 ^ ^
824.797 233.162 259,506 {4%^9:H JL20. ?3»_437J276 117.790
13,102
2,8/0
4i,goo
8 8 , 3 2 8 I I 9 198
62, i i l ^ 0 8 ^ ] ^ 2 ^ 6 l ^ 8 1 2 _
158,203
841,930 177.074 151.185
3 8,178
4 5 , 5 6 5 106^218 2 , 1 2 0 , 2 9 6
17.500
104.800
21.900
12.820
8.500
9S.4Q1
39.350
4p. 2s0
82.1'21 257.3-48
9.085
74.874
6.750
8.420
2,621
45,360
89.009
17.780
10.081
3,337
10,684
4
ll, 76
94,561
287.145
210,176
78,352
878,051
MEMORANDA
FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION.
F . Ri N o t e s o u t s t a n d i n g
F . R„ n o t e a h e l d by bank
F.R.notes in actual circulation
B i l l s d i s c o u n t e d and bought
TJ S. Govormrant s n o r t - t e r m s e c u r i t i e s
Municipal w a r r a n t s
167,931
14.9^1
152,980
824,797 233,162 259,506 141,938 120,230 417,976 117,790
101.442
s ! l 4 o ] 1.302
q.816
3 , 3 2 0 21,745
6,154
723,355 225,022 248,204 132,122 116,910 3 9 6 , 2 3 1 111,636
8 8 , 3 2 8 119,198
1,197
7,5^5
8 7 , 1 3 1 111,653
62,395 208,561 2,761,812
1,3?2 _ l 2 J 5 1
133^.221.
61,063 196,210 2 , 5 6 2 , 5 1 7
DISTRIBUTION OF BILLS, U . S . GOVERNMENT SHORT- T5BM SECURITIES Al® WARRANTS
BY MATURITIES.
Within 15 days
.16 t o 30 days
3 1 t o 60 days
6 l t o 90 days
Over 90 d a y s
1,353,310
168,765
301,760
334,095
17,755
18,481
73
9,132
2,194
63,569
7
15
6
Total
2,175,685
93,449
28
ld
Released, f o r p u b l i c a t i o n Sunday morning November I f , I 9 I 8 ; n o t e a r l i e r .
.... .
^ '
STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY 1TM4S OF imvmER BANKS LOCATED IN CENTRAL RESERVE, RESERVE AND OTHER SELBlC'fED
CITIES AS AT CLOSE OE BUSINESS NOVEMBER 8, 1918,
( i n t h o u s a n d s of d o l l a r s - )
1. Data f o r a l l r e p o r t i n g banks i n each d i s t r i c t
_____
r—
T7
—m^+ = i
Boston New York Phi l a . C l e v e l . Richm.
A t l a n t a Chicago S t - L o u i s Minn < Kans. v-y > D a - l a s ^ a n . ^ r a . . low 1
101
32
35
73
. 45
. 53
7 51
85
81
45
No» r e p o r t i n g b a n k s
^
10^53
U . S . bonds t o s e c u r e c i r c u l a 18,906 17,655
6 , 3 6 9 13 >7-10 18,177 3 4 , 5 0 5
268,077
i4, U02
42,832 24,253 15,465
5 0 , 3 1 1 11,492
tion
Other U . S . b o n d s i n c l u d i n g
132,096 3 4 , 7 1 6 1 0 , 0 2 1 27,070 22,699 3 1 , 7 5 6
919,053
106,434 49,169 3 9 , 0 4 2
5 7 2 , 4 0 8 69,223
23,824
L i b e r t y bends
U*S. u e r i jf j Cctbes of i n d e b t e d 86.482 26,537 11,781 31.952 11,948 61,197
887,253
62,104 31,105 36.176
3 9 ? , 0 7 9 47,015
82, 877
nes?
7
237,ugU
7
2
,
9
0
8
28.
171
7
2
,
7
9
2
52,
824
1
2
.
4
"
8
2,074..
388
nv •- "* u ,;
211,370
104,527
90.683
82u ; 79c 3.28. 330
121,203
529
13,659
1
/,><d
>
'
V
ill
lull
,9.'
97:9-1.0
22,UbS
6
,
.
;
.
:
V'
r
164,]
69
sr :
81,039 3 7 , 4 7 3 21.CVL
U - .Doras, etc..L
Lc
977.^,78
3 9- -57C A ?06
J n i ; 1 i3r j -,cns and i n v e s t m e n t s / S ^ . 40 S 4, h49. M41 bc'f. j> 3 j
' _ 391!
«•' . ' 814
. , 3.17'4
' „ 3 Z> 97 ^' 2' 7 5' 3 ^ \8 8s-1 —268'„ 589 46?{
\ 97ow j . %/ , 6—
r- r~.- 10.629
-1 ,-xZ -•>
Be^.,-7 0 w i A Y. A- bank
72,3:3
644,000 74,608
f",
;vi v.v-i";
m
151,, r.9 21,637
^8.020
R-i- ^ru3r,e J e ^ o s r t s
.
6 ^ . 5 2 9 4 , 4 6 3 . 9 0 5 625-570
T;mo a c - o i . t o
98,5^3
259,430 26,359
by./O^
v-ovi-:r^Qv^rv d"Vo?it.?.
140. 258
^80.154 -03.495
2 . L a t a f o r ba nks i n e a c h c e n t r a l r e s e r v e c i t y , banks i n a l l o t h e r r e s e r v e c i t i e s , and
Chicago S t . L o u i s T o t a l C e n , R e s , C i t i e s
re v? Yor}
inov» 8—*——Nov - 1
Nov. 8
Nov. c-—Nov, 1 Nov.
128
128
l4
44
iJo. r e p o r t i n g Panics
70
70
U.S. b o n c j to secure c i r c u l a 48,393
48,553
tion
io,555
36,879
Other U.S. bends i n c l u d i n g
444,715
421,389
314,306
25,927
Li hsi
l o/hls
U \ S - c e r t i f i o a t o s of i n d e b t e d 4o4,455
23,043
436,237
380,832
ness
897,365
906,175
732 067
57,525
^ c t a l U.S. s e c u r i t i e s
666,910
737,^96
16,723
Loan^ cocured by "f],S*bonds,etc. 572.935
275,42b 5 , 0 6 2 , 4 3 0 5 , 0 3 2 : 3 6 /
A.'_l o t h e r l o a n s & i n v e s t m e n t s J
70/ ,'V; 5
748.253
20,537
R e s e r v e w i t h F., R- bank
160,247
150.598
6,757
Cash i n vaul t
4
,
9
/4,173
5
,
0
6
2
,
6
2
8
182,231
Net demand d e p o s i t s
1+
402,899
393,276
53,519
Tine d e p o s i t s
514,784
535,650
26,293
Government d e p o s i t s
B a t i o 01 war r a p e r t o t o t a l
23.6
23.0
24.4
18.3
25.0
17-9
loans & investments, par cent
o t h e r r e p o r t i n g banks^
Country banks
Reserve C i t i e s
Nov. 8—-Nov. 1
Nov - .v- -Nov, 1
370
4.53
170
453
Total
Nov. 8
Nov. 1
751
751
171.205
171,119
48,319
48,334
268,077
267,646
410,794
447,013
86,879
90,232
919,058
981,960
38% 169
969.168
456' r - 4
420,975
64.847
74,174'
887,253
899,6o4
443
75/';8
? .?S?-J0.r<>
l.,2'S.o57
m o ] 307 200, ON 9 2..'r,7^0
'7
f
4
2,074.358
^',,2,0
4,693:. 151
459,00s
180 482
696,099 9 . 5 2 3 , 0 2 0
199,945 . 1 , 4 5 0 895
89,899 1,047,074
3,7?5.380
849,194
45 s] 4 /2
20.5
21-0
19.8
21.5
21-6
9$3;>!i -. 518
1,469,576
1,286,465
22.;
@FedFRASER