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 October 20,1913. Not earlier. STATEvIFNT jo r the p r e s s St .29 . October 19,1913« Liquidation of discounts, chiefly war paper, by the three eastern Reserve Banks in conjunction with considerable withdrawals of Government deposits, and further increases in note circulation are indicated in the Federal Reserve Board's weekly bank statement issiied as at close of business on October 13,19-3* INVESTMENTS: The Few York Reserve Bank reports net liquidation of 42,4 millions of war paper and of $-8 millions of other discounts. Acceptances on hand increased 31*5 millions, all the Banks, except Sallas showing substantial additions to the holdings of this class of paper. New York, Cleveland, and Chicago report also increases in their holdings of U.S. Government short-term securities, largely 1-year Treasury Certificates to secure Federal Reserve bank note circulation. Total investments were 32*9 millions less than the week before* DEPOSITS: Net withdrawals of Government deposits for the week totaled 51 millions; members* reserve deposits declined 1 >6 millions., while net deposits show a decrease of 57*4 millions. RESERVES: An aggregate increase in cash reserves of 4.3 millions is indicated, of which 4,1 millions represents a gain in gold* The Banks' reserve percentage shows a rise from to 51*1 per cent. . NOTE CIRCULATION: Federal Reserve Agents report a net increase of *+3.7 millions in the total of outstanding Federal reserve notes. The Banks show a total Federal Reserve note circulation of 2,5^2 .5 millions as against 2,473*4 millions^ the week before, besides an increase of 3*6 millions in their aggregate liabilities on Federal Reserve bank notes in circulation? CAPITAL : An increase of $101,000 in paid-in capital is due largely to the pay ment for Federal Reserve bank stock by newly admitted members, mainly in the Chicago and New York districts* CONDITION OF MEMBER BAMS OCTOBER 11, ISIS. Substantial increases in demand deposits, corresponding closely to the amounts of Government deposits withdrawn, also moderate additions to the holdings of Gov ernment securities ara indicated by the weekly statement of condition on October 11 of 744 banks in leading cities, Certificates on hand show an increase of 2?.3 millions, a larger increase *onder this head shown for the-banks outside the central reserve cities being offset somewhat by decreases at the banks in the latter cities. Holdings of U.S. bonds, Ovher than circulation bonds, fell off 3.3 millions at all reporting banks, and ons million more at the central reserve city banks, Loans secared by U> S. war obliga tions likewise show a slight reduction, notwithstanding an increase of 2 .6 millions sho<1'n for the central reserve city banks. All other loans and investments decreased about 36 millions, the decrease being considerably larger at the banks in the cen tral reserve cities. The ratio of U. S. war securities and loans supported by such securities to total investments shows a slight rise from 20 .3 to 20.H per cent; For the central reserve city banks this ratio remains unchanged at 22*5 Per cent. Net withdrawals of Government deposits for the week totaled 122 millions, of which 75 ‘S millions represents withdrawals from Greater New York member banks. Net demand deposits of all reporting banks went up 113*7 millions, largely outside the central reserve cities, while time deposits show an increase of over 10 millions. Reserve'balances with the Federal Reserve banks increased 20.6 millions, while cash in vault fell off 3-1 millions. For all reporting banks the ratio of investments to deposits shows a decline from 327.1 to 126.9 per cent. For the central reserve city banks a corresponding Recline from 113.2 to 113 per cent is noted* The ratio of combined reserve and flash to deposits shows a rise from l4.S to l4*9 per cent for all reporting banks and from 15.7 to l6 per cent for the central reserve city banks. "Excess reserves" of all reporting banks work out at 95 millions, as against 77*7 millions the week be fore. For the central reserve city banks an increase of this item from 50*5 to 53 ’5 millions is noted. R e l e a s e d for p u b l i c a t i o n Sunday morning October 20, 1 9 1 S ; not S c *dSy a earlier» C O M B I N E D RESOURCES A N D L IABILITI ES O F T H E F E DERAL R E S E R V E B A N K S AT O c t o b e r 12, 191S R E S - O U R C E S STATEMENT O F Geld in vault Gold settlement Gold with Total and in fund, F - R * foreign Reserve Legal gold reserves tender notes, Total Bills silver, discounted: S e c u r e d "by G o v t .war All Bills bought in Ail open market Government other Total earning % All ether TOTAL securities assets assets items Kedemption 1,262,757,000 ^25,798,000 370, 136,000 securities short-term earning Uncollected obligations other Total bills on hand S- G o v e r r i m e n t l o n g - t e r m U.S* etc. reserves (deduct fund from gross against F-R. deposits) bank notes resources RESOURCES L I A B I L I T I E S Capital paid SrrpX^p D u p . to m e m b e r s Collection Other gross R . notes R. All TOTAL note Ratio in foreign govt* credits depos;i t s actual banknotes other Ratio account d e p o s i t s ;• i n c l u d i n g Total F. - Reserve items in circulation circulation,- net liability liabilities LIABILITIES of total reserves liabilities of gold to n e t reserves to after net liabilities 2,031,236,000 52 ,122.000 2,023,352,000 1 , 304 ,323,000 notes aside 357° in 1317 241.494.000 612 . 227.000 ___ 11.212.000 1 .^ 7 1 .5 3 9 fioo 42.973.000 1 , 520, 512,000 J 226,615,000 450.026.000 3 3 2 .620.000 2 . 1 27 . 624.000 723,430,000 3 , 177,000 13 .425,000 _ J.71 ,611,000 452 . 226.000 55 >022,000 4 7 . 255.000 233 ,000 560.202.000 364.242.000 50c ,000 .1 ,125x000 5 ,0 1 1 ,1 3 4 , 0 0 0 2,447,241,000 2.033.029.000 2 2 .214.000 66.193.000 2.052.692.000 22.205.000 67.732.000 197. 000 2 , 15^ , 332,000 203, 517,000 3,U25,ooo ____1 U 2 L 0 0 0 5.063.216.000 13, $419 ,195,000 369 . 799.000 52 .500 .000 4b ,705,000 2 .035.313.000 ___ 5-2,3.12.,000 2.087.625.000 ____ 122,000 7 2 ,956,000 1 ,134,000 6l , 2 4 7 , 0 0 0 7 6 ,365,000 1,230 , 557 ,ooo 230. 223.000 1,5C S,33^ ,000 514.110.000 102.2^0 ,000 210 042.000 2,33^,319,000 2 . 502. 422.000 55 , 6bS , coo ___ 40, 5 5 2 . GOO 2,36.1,529,000 2 ,4 7 2 ,372,000 52,031,000 3 9 ,046,000 ___ ]i i 262.000 1,560,232,000 215,210,000 2 ,000 ,000 .552,000 5 .0 6 3 .2 1 6 .0 0 0 5,011,134,000 2,447,241,000 51'1/5 F.R* setting October a n d F.R. combined circulation deposit deposit i i 2 ,b3k.0QP 191S 227 > 71,000 1 ,157,000,000 179 . 862.000 1 , 506, 727,000 525. 090.000 G o v '-miner*t d ep u s it s 12, $372,922,000 75. 057.000 1 , 1 3 000 in OCTOBER 1912 _____ S . 2 2 9 . 0 0 0 3,229.000 Agents BUSINESS 10, 442,720,000 goo 80U,U02,000 1 ,173,521,000 5 1*m .Q Q Q banks redeujpt5on f m d Total U HiS / ^ ^ Board agencies gold held by G o l d v/ith F e d e r a l Gold $382,160,000 transit CLOSE O F October 5C.o^ actual against 6l.3l> 60,9$ -7r- l O 'V p Boston E E S Gold i; a- t r a n s i t viiv Gc-id JM. 1.:• Gel-, w; r.> I' id r . E . B o a r d G o l a v, -’e a e r v e A g e n t s GC xgancles V,- >Vs J 0,• ". L <W '• .0'fid ev ;...o 003 j si.lver | 'StC * L eaj/1 ro j- _ E .lls rt 'J ~ . 3 -' r s c.s.c-i V Ai x o i t'n ^ ~r X Ifci 47, 40< ~53".5tf 1 l7;x 6;~. 1 .7 6 8.2 2 3 fu n d a g a i n s t .■airier >sirces :aabeis, 1i ’f l aeserve its F F k not5« •K -"bank r— c'<,r. d e p o s i t s vn a e n v a l in circulation liabilities TO'IA jj L l ' A B I L i r i E S St-Louis 2,2S1 20,750 Minn- 8,332 37,948 Kans-Cy2l4 31,768 6^8 5 9 ,osU 51,94 3 52 .36 5 I88.750 14*,739 24',755 15,776 3 0 '1 8 8 64,0 15 qi _1 2 L _ 0 4 0 2 6 ,082 "7 7 1 , 0 0 3 "1 3 2 , 4 6 9 1 ,4 0 3 2 9 .9 S I 1,34 3 4,2 52 _ 3 7 ,295 D j 2 o __ _______________ 5 6 . 2 2 9 __ 1 4 0 , 0 3 8 ” 7 4 ,0 4 4 9 2 , 4 2 7 1 234 510 1,089 11,642 | P “ 53t> 2 7,36 5 34,759 -- , -94,782 l, 173-521 _____ m _____ 5 1 , 1 2 0 40,557 129,256 2, 032,313 r _-|g7._... 4 l , 3 S 4 1 2 95 ,0^04 27087,685 2 0 ,7 0 *+ 3 7 ;320 29.009 6 2,711 4i,si4 2 7,6 58 4it075 4 fS 6 6 ___ 3_,-ll6___ 5 J 2 2 1 ____ 54 ,6 12 84 1 6 1 86 .76 7 1.70Q 425,799 3 2 . 8 4 3 ____ 3 I O J - 1 6 * 58 ,367 136 ,6 2 9 3,977 3,^ 6 1 2 8 ,2 0 5 3,321 933 1,10 1 1,172 1,302 67,738 94,129 6 3,516 14 1,522 2 ,1 5 4 , 8 3 2 56,571 22,396 35,525 803,517 431 lcO 171 88 45& 116 76 ;4x ___ 1^422_____ ^ . 51.— 1,-59J2 0 5 _____ <2+1___ 1 ^ 4 2 2 ----- J 612_____ b l Z ------ 163. ------------------J ---------- 3,425 i,93i 5-5-— 4,509 2 ,112 — 152,769 76 ,78 8 94,983 30 2 ,6 6 7 9 1 ,253 193,583 73,307 57,731 53,890 4i, 1 8 7 9 2,94 3 70,985 32 ,176 5C 4 0 0 ,6 0 6 2 2 9 ,5 8 9 2 0 0 ,6 3 s 6, 5 8 0 7,36 2 8, SOS 75 2 0 ,2 17 649 17,071 29,627 21.007 134.844 50 ’ 040 43;536 4 5 ',5 2 8 79,859 2 35,78 8 179 ,051 2 33,15 5 123,507 308,304 5 ,0 6 3 , 2 1 6 3,734 2,399 38 3,6 11 3,115 4,52 7 79,057 1,134 3 ,l6 o 4o 11,0 31 216 8 ,62 2 15,70 4 16 ,18 1 11,647 11,6 98 11,953 36.048 212,239 S, 0S4 57, 7.12 8,741 5 2 ,9 76 0 8 ,0 32 3^ ,72 2 76 ,6 52 28,077 6 3,2 9 3 54,927 22,109 34 ,779 1 2 ,8 0 8 19,807 99;5U5 6 23,26 2 54,117 135,138 70,971 106,697 3S4,7^ 172 ,09 9 ,.7Q 179,457 1 0 4 , 1 9 0 728,859 216,074 2 35,59 6 18,36 4 2 ,9 53 3,995 . .13,7.57.. 700,624 4,013 116 19 . 533 Si 5 9 5 2 ,0 ^-8 . 6 9 2 - H Q _________ 19.7— ---------- 1 2 138,06 9 __ .811 8 1 1 _____ 1,262,757 8,867 290,046 8 0 2 ,38 7 4 30 ,74 9 l M 76 24,215 30 ,792 55,666 a^S2.4 To.al 322,1.0 >+16,413 116 1,510 :4o San Fran. 10,037 24,401 1.153 — 200 Dallas g.173 5,799 179»S6S 1 ,5 0 0 ,7 2 / 585,0 90 170,733 155:629 .. 3 , 1 2 6 ..112,6I4_ 2 9 3,771 12 0 ,0 20 88,029 m , 5 5 2 58,347 H i , 533 2 ,3 8 4 , 3 1 9 1 1 8 , 7 9 7 115,143 3 7 9 > 9 d 3 108,3 8 2 8 5 ,343 107 , 5 2 3 62,512 188,l6l 2,502,488 10 ,16 7 2 ,0 2 5 8 ,036 3,183 2,073 55,666 M o ,______ 1 _____3______ -2 - 4 __ 0 . 2 _______________ ,0 5 8 ____ _______ __5 9 c i r c u l at i o n ,n et /iability A. 1 o '-r U20 96,143 1,6777503 cradits r- c. n o t es Chicago i n c lu±i n g Lilt, y X 0. . V . , account ‘ t-a ris tine:*' 5U 7 I T I E S r<> ■ rr' Di:t deposits Atlanta 27" 71S 153 35,180 6,23 9 7, 05*+ 25,716 l i ’ is6 6q t71 39,25s 29,668 6,39s 62,1+66 >11 ' ’4 0 8 . 3.25 . 2 0 -+_____ 175_____“ g 0 f 338,202 ■p,; U S T thousands of dollars) Phila. Clevel. Richm. 1,366 71 g a j ______ 2 693-891 -£.6.93 iy\r -U • l j: A 3 T 1 _1 -a... paid in (in York F.E. Or All. other Now 31?.515 “697732 7 4 ,9 '6 3 " 3 '6 ; m 13,627" '88, 998'~~23,264 ‘ 46,513 32,273 ?ss 627 110, 24s 143,387 60,967 45,844 206,76s 44,992 41,232 4-7,322 3,2.04_ dlszi 6 455 4 4 5 _____ 3 0 1 vSk'^ 33“ “ 628^06 1S5 “435 2187795 97,379 63,37 5 302,019 71,034 90,885 80,829 ” 2 745 43' 508 ' 771 _ 403_____ _6ZL_ _ _ 1 2 Q ___ 1 ,1 1 1 ___ 1,1??...........73.— ^ 55. _ " 6 7 2. ,,4• (7 “ 4 1x 8u j7 j,2 0 6 2t— 1 9 ,\ 19 2 9 5s4 ~ 7f— 2, S O , 9, 8 4 vj fC c- ww y^ .' 0~ v5 ~6 6 3 j, /5 3s0 3**,11 3^6 t8 2 2; 90,95.3 \ 127 92s "!Sec by g.jvb .war obligations 6 7 , 3 0 6 11,0 79 O /a’.i. other 3 9 j 4 4 _ •:.*).-j.fjt in cpen market . b i l l s cn hand 1 3 -, 1 2 9 53 s r1 t * ’*cn^-t erm securi ties 27416 shsr b--term n isr earning assets . e,a m ?.’.13 ass e i s 141,083 :e :e d (deduct from ? Ciaooeiisj .»* St aarli er Sunday-morning October 20, 1^1; ss AND i/l ABILITIES o / k c i r o F THE^EERAL RESERVE BANKS AT CLOSE OF BUSINESS OCTOBER IS, IS IS . 05' IfficC 3asea 2 260 64s 1,155 307 2’q?5 14 bqo 2,118 2,sq3 - 1,825 1,279 -.5,474....1.627..... 1,435 2.431 1,350 2,505____ 40,552 ^38^202 1'677^03 4co 606 4^0,749 220,589200,63s 700,624 235,78s 179,051 233,155 128,507 308,804 5,063,216 f^r juVi’.caJ/i.-:-n f-xr.diy rovrArg October 2 0 , 19 !g; not earlier. STATi&iEKT OF FZLEEAL RESERVE AGENTS1 ACCOUNTS AT CLOSE OF BUSINESS OCTOBER IS, 191S, (in thousands of dollars) Boston New York Ehila* Clevel. Richm- Atlanta Chicago St .Louis Minn. Kans«Cy- Dallas San Fran* Total FEIEEAL RESERVE NOTES' R e c r - i ^ b d frc-ii R e t r j r n *r-d tn Gur»pt,:\.ller Corr/^ d r o l l e r Ch:.r^-El- to~ 3?\ E . A-ent iii iiaixCi.- ci E* -K Ageno Issued c F- R. r s v u r r e d to F. B?rEx l e s s R. Agent for 163,010 i- L c iic ir 92,920 217,440 3,483 640 18 .211 14,0 14 ___ 55L44o_ 30,009 203,426 2 , 931,194 1 J ,000___ ----- _ 2 b 4 J I 0 amount rcdtnrpwion cciivVixuA,:, 224 , 5^0 1 , 155 , gHO 294,460 255,340 166,240 175,200 473,020 142,220 109,160 145,700 42.330 S p jy ii 50, 7S 5 25.234 30 . 3Q1 23.140 34.038 22 . G06 16.832 22.059 IS ? ,210 g ^s,£44 2^-3.675 260,606 135,939 152,060 439,042 119,614 92,328 123 ,9+1 IQ POP 92.000 .1 1 1&60 _ 1 5 .060 10 T840 33.155 4 2 .l40 7,755 5 .5 40 9.620 so6,644 231,315 245,546 125,099 118,905 396,902 111,359 s6,7 SS 114,021 63,009 203,426 2 , 667,024 f o r Bu TjUS: Gold C7D:.r Ggid ^cdoi.^c'^cn Euid Gnia irettle^ent Fuud, F.R. Board papei; minimum required Tot ai 05’ ELIGIBLE PAPER BEul VEREE TO F, R * AGENT 5,000 9,137 jy+.uuu 000 .94,373 153,740 11,313 967 16,337 11,457 LJ iJ 1 * 110/)00 93,791 118,000 60,000 521,017 121,567 102,159..54^ 13^2 2,503 3 ,171 — — 13,102 10,081 -201,235 1,375 2 ,s6l 1,330 2,962 3,250 10,031 7S,C|J 40.170 204,393 42,131 26,300 4U,3b0 1 C,SS 4 84,701 3 94i2cg JL9Q_+1.3.4..__ 60,si:j.. 4^ , 55 i ^ S 8 Jp99„ . 32^ 19Lt IQ.?.,04^ 1^ 433^503 163,010 306,644 231,315 245,546 125,099 113,905 396,902 111,359 S o , 7SS 114,021 65,009 203,426 2 , 667,024 133,112 771,003 125,120 133,730 47,679 53,367 123,713 2 ,012,927 72,419 35,630 290,046 77,947 8 4 ,161 M E M O R A N D A FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION F, R notes outstanding F« R. note^i held by bank F- R* notes in actual circulation 806,544 231,315 245,546 125,099 113,905 396,902 111,359 86,733 114,021 63,009 203,426 2 , 667,024 496 497 I 5 ,e 65 164,536 -Lo-Sl ... 77,785 . 15 , 7 4 1 . . 9.95P__ 6, 302 ... 3,73: 16,337 _ 3_,477... 945 723,359 210,074 235,596 113,797 115,145 379,965 103,382 85,343 107,525 62,512 133,161 2 , 502,438 155,629 163,010 DISTRIBUTION OF BILLS, U.S. GOVERNMENT SHORT-TERM SECURITIES AND WARRANTS BY MATURITIES. Within 15 days Bills discounted and bought U .S . Go^t * short-term securities Municipal warrant s l 6 to 30 days 249 ,254 d 33 ,022 31 to 60 days 6l to 90 days 3Q zs^ m 133 ,435 7 5 8,29C Over 90 days 12,034 41)300 10 Total 2 , 053,652 &7J&3 55 r/.orninsc O c to te r 20 i i^ .L .c a t io n ? S-Iu\v'il\u PLI' m C x PAI, R E S O U R C E A N D 1 ^ 1 8 ^ not/ e a r lie r * . SELECTED CITIES , (In — u °s b S ^ --1-— r -p o r t x ‘-g " ^ “ " ^ o s t o n f S Ss e S ; Ilew Y o r k AS AT of >*2,591 Richm* ., 8*5 hu^ r IJ.s'1' c e r t i f i c a t e s Total U.S. of indebtedness securities L o a n s s e c u r e d b y U - S . b o n d s ,e t c . A l l o t h e r .leans a n d i n v e s t m e n t s IN CENTRAL EESERVE, 11 , 1918. Atlanta Chicago St-Louis Minn - * .3 1 5 *$$7 22. 0U0 ^ 2,765 14,452 192,565 253,997 123^665 861,368 9 * !052 12*^256 5 0 ,2 7 } 152,250 1,1*8,225 13*,907 213,951 105,36^ 40 9*1 213,067 7 7 3 , 9 3 8 4,204,423 50,360 6 15 ,6 6 5 35,012 20,057 10,946 955,592 377,280 303,414 l ^ > Ul9 g,79S 55,120 2 2 ,*33 9 6 ,9 * 0 79,527 *+3,293 SI,993 53,715 ^3,583 2 »533,-27 74,372 14,^81 11,^17 1 , 3 9 0 , 0 7 0 3 7 9 , 6 9 6 286,ltf r ’ ~?L -60,£8 -.jr^’I o p 1 8 ^ 2 2 "Ur* P Q £ ?*5, 2 9 8 in 4 7 5 * 0 0 0 10,475,000 ^,172 16,405 49,5*3 l,2g,3bl 2 ,9 1 5 ^ 1 0 , 3 0 0 L i , O c -1 ^,020 6 , 06l 27,837 1*9,8*7 35,386 2*+, 9 5 U 125>HU6, 19,590 25,266 17>265 17>6o6 53,002 13,5^9 Net dasaud deposits T.,e ® o , i : s 99 7 1 2 ^ 5 0 3 4 , 4 5 0 , 8 6 8 6 2 6 , 5 0 8 7 5 6 , 3 1 7 3 23 , 5 5 7 257,610 i4,4Uo 227,119 60,921 2 7 ,6 5 s Government 50,567 vault in deposits 307 301,085 33,*22 40,559 17,761 T° ^ 1 13 , 67* 3*,109 Ca^h Fran. 13,132 82,291 "bank San 7,126 65,034 3. Dallas 17, 6 0 S 620,203 w i t h F. K a n s .Cy. 13,735 112,422 17,656 6 3,76 5 Reserve RESERVE AND OTHER dollars) Clevel. u $}t LOCATED CLOSE OF BUSINESS OCTOBER thousands PhilaT l H ?302 c irc u la tio n J LIABILITY" I T i M S O F M E M B E R B A N K S 217,041 371,087 15,*65 6 ,3 6 3 26,729 JU .505 &> M > 22, 13s * 92,352 ^ 7 3 , 9 5 6 3 1 , 1 1 2 , 6 6 7 2 5 5 ,3 6 7 2 1 2 , 7 3 1 3 2 4 , 8 1 1 1 4 , 2 81,864 4 5 , 1 1 5 6 0 ,9 6 7 2 / , 2 8 0 123,980 54,000 ^7, ^ 3 o 19, i 7 ^ , i ’U s t ’ K * 1,457,348 j4, h o 7 _ _ _ ^ o ^ ^ ^ 2 , 4 2 9 Total Oct . 11- O c t . 4 No * reporting U. S. "bends 70 banks to secure i.T.3. b o n d s certificates of in- Total U. Loans secu r e d b y U. securities S. Reserve with F. R. 127 449- 451 bank 267,025 212,261 220,861 16,353 8,643 £37,257 2*7,024 47,920 492,858 501, 62* 968,011 35,862 957,275 55,061 1,242,935 1,263 , 46o 108, 635 204,S31 1,773,956 2,533,227 1,7*5,6*5 2, 51*,29* 26, 5 5 * *89,563 *93,090 191,320 56,3*7 11,120 263,077 260,473 3 0 7 ,8 0 ? 105,7o6 27,950 725,755 112,907 110,326 32,870 6,324 152,101 4,136,830 4,123,637 75*,081 182,158 5 ,0 7 3 , 0 6 9 718,615 *4i D , 123 150,629 171,536 176,11 5 , 0 4 6 , 1 1 0 3 ,8 5 6 , 5 0 2 3,773,* ‘3 ' ^ 206,392 211,842 i4o,9 0 1 63,723 *1 1 , 0 1 6 *o*,9l4 844,026 b44,2 3 5 2 ,5 2 2 3 6 , 8 57 12,57 8 3 22,186 4l3 ,272 203 ,9S1 23 2 , 7 of combined reserve total n e t deposits, per and cash cent 11— - O c t . 4 7*5 266,413 272,751 Ratio 744 48,276 deposits' to 167 Oct. 4 s ,425 Ctov e r r m e n t _ d e p o s i t s TL-ie .4 48,403 592,05/ d e m a n d de-posits l68 Oct 10,556 3,863,50“ 3,893,572 S37.173 273,875 “ .97^,552 5.03S.0U3 <*,6U3 710 U.Ga.U; Cash i n v a u l t N-t 127 - 1,119 195,610 A1v 0° s £ £ t ^ anS “ d O c t . 11— -Oct . 4 Oct. 36,729 bonds, e tc - 11 14 1 1 --- Oct .4 36,728 816,466 824,365 104,947 1,065,455 1,081,955 122,419 debteloe'-s S. 43 including L i b e r t y "binds U.S. 70 Cir culation Otber O c t . 11 Oct Oct. ^ -<->* o > 1 851,408 58,259 4o,4os 708,583 197,971 47,094 10, 475,000 10, 510,906 1,223,361 1,202,798 364,026 367,138 9,632,136 9,5iS ,* * i 1,457,3*8 1,447,180 693,l4o 571,113 i*-9 l4 .S Released for publication Sunday morning Oct. 27, 1912; not earlier. St .38 STATEMENT FOR THE PRES October 26, 191S, Heavy liquidation of discounted bills secured by U .S . war obligations follow ing the redemption on October 24 of the certificate issue of June'25, totaling 839 millions, and in increase of over 25O millions in the amounts of Treasury certifi cates on hand are indicated by the Federal Reserve Board1s weekly bank statement issued as at close, of business on October 25 , 1918. These certificates are largely the fcquivalfent of advances to the Government by the Federal Reserve banks pending the collection of items received in partial or full payment for Liberty bonds» INVESTMENTS: All the Banks except Boston and Cleveland report net liquidation of war papa? on a large scale, the New York bank alone reporting a decrease of 71*4 millions in-*its holdings of this class of paper. Other discounted paper shows an increase for the week of 27.9 millions, largely at the Chicago bank. Acceptances bought in the open market increased 22-5 millions, the New York, San Francisco and Philadelphia banks reporting the largest gains under this head. Increases in Gov ernment short-term securities shown by the New York, Philadelphia, Chicago and San Francisco banks represent approximately the amounts advanced by these banks to the Government, Total earning assets show an increase for the week of l40.3 millions. DEPOSITS: Government deposits declined 101.6 millions, all the Reserve banks except Richmond reporting substantial withdrawals of Government funds for the week. Members' reserve deposits increased 176.8 millions and net deposits - 143*1 millions* RESERVES: A further gain of 9.8 millions in gold reserves and of 10-5 millions in total cash reserves is shown. The banks' reserve percentage, as the result mainly of the large increase in net deposits shows a decline from 51'1 49*6 per cent. NOTE CIRCULATION: Federal Reserve Agents report a net increase of 30,1 mill ions in the total of Federal Reserve notes outstanding. The banks show an increase of 5 ’^ millions in the actual circulation of F. R. notes besides an increase of 3^2 millions in their aggregate liabilities on Federal Reserve bank notes in circulation* CAPITAL: Admissions to the System and additions to capital stock by existing members are largely responsible for an increase of $133,000 in the Reserve banks' paid-in capital, Philadelphia, Cleveland, Chicago and St. Louis reporting the largest increases under this head. CONDITION OF MEMBER BANKS, OCTOBER 18, 1918. Withdrawals in some volume of Government deposits accompanied by somewhat larger additions to other demand deposits, also a slight decline in the total of U.S. securities held, are indicated by the weekly statement of condition on October IS of 749 banks in leading cities* On the eve of the consummation of the Uth Liberty Loan these banks show a total of 1,729,8 millions of Treasury certificates on hand, compared with M 77 - 2 millions on October 11 and 725.4 millions reported by 695 member banks cn Juno <21, the Friday preceding the first certificate issue tinder the latest loan. Holdings of U.S. bonds, other than circulation bonds, went -up 32-5 millions for the week, l4»5 millions of the total increase being credited to the central reserve city banks. Aggregate loans secured by U>S. war obligations i n c r e a s e d 10 . 6 millions , largely outside the central reserve cities. All other loans and investments up 16-3 millions, though the banks in Greater New York report a curtailment of this item by about l 6 millions. The ratio of U .S , war securities and loans supported by such securities to total investments remains unchanged at 20A per centor the central reserve city banks this ratio shows a decline from 22.5 ^o 22.3 per ^ „ cent. Net withdrawals of Government deposits for the week totaled 111 .b millions. Net demand deposits increased 151*9 millions, of which 101.4 millions represents the increase for the central reserve city banks* Time deposits 0 24,2 millions. Reserve balances with the F. R. banks declined While cash in vault increased 15*6 millions. For all reporting banks the ratio of investments to deposits shows a decline from l2o >9 to 126.6 per cent . For the central reserve city banks this .. .^/wio rattains unchanged at 118 per csnt < The ratio of combined reserve and ca?>h to deposits for all reporting banks, 14*9 per cent, shows no change s*.nce Octooer , while for the central reserve city banks this ratio declined from lo to x5'8 per sent. "Excess reserves" of all reporting banks work out at 56.8 millions as against S'5-3 millions the week before. For the banks in the central reserve cities a. decline of this item from 53*9 3^ '^ millions is noted. 0 0 0 Released for publication S-unday mcrniSg October 27 191 S ; not earlier. STATEMENT OF COMBINED RESOURCES AUD LIABILI TIES OF THE FEDERAL RESERVE BANKS A; CLOSE OF BUSINESS OCTOBER 25 , 15 IS October IS , 13 IS October 25, 1917 October 25 , lyiS R E S O U R C E S 16 0 , $ 4 6 l, 113,000 t000 $322, $ 3 7 6 , 679,000 Geld in vault and in transit ,000 4l6 , M 3 , 3 6 3 ,,367,000 '4 15 , 676,000 C-oli Settlement Fund, 7. R. Board .>?•>,500,000 ___ 5 ^ 29,000 5, 223 ' ,000 Gold with foreign agencies g o 4 ,,402 ,000 277, “530,000 732 ,124,000 Total o d d held by banks 6i4,,632,000 i,is4k39g,ooo 1 , 1 7 3 ,.521:,000 Gold with Federal Reserve Agents ... 11.,16**000 . . 5 1 .. ,390 .000 6l ,9^0 .000 Gold Redemption Fund COu 1., 5 0 3 .,436,000 000 2 ,0 4 5 2, 3 1 3 , .035, , 1 3 2 , Total gold reserves r.p.r _i2 L i / r - . . '-A.' w 49 , 506,000 ___ 53_JP 3 7 ,,cco Legal tender notes, silver, etc. 1 .-3 5 2 , 342,066 u 3 p ,000 2 , m , 2 , 09 s . 1 6 5 , Total reserves ( 1 ,2 6 2 ,<15 ( , 000 \ 1 ,0C2 ,1+17 ,000 Bills discounted: Secured by Govt. war 397 ,000 425 , ( 4 5 3 , 747,000 , 739 All other 177 , 590,000 _ J S S . S23 ,000 Bills bought in open marked 574 ,6s4,000 692 , , 058., ,000 l,o44 2 : ,727 Total bills on hand cli t 0 0 o ,000 22, ,251 . -O 5 ; 23 J , 166,000 U .S. Gov erament long-1 ertn s ecurit i e e ,C0G ,732, ,000 322 ,060 55.,275,000 67, U-S. Govsrrjrient short-term securities £00 233 .000 24 ,000 .137. All other earning assets ,000 0 £ '-H 2 ,232 ,122 ,6 co ,953 ,000 2 ,2 3 ) Total earning assets 22 £ ,573,000 356 ,923 ,000 2^3 , 5 1 7 . COG Uncollected items (deduct from gross deposits) =37 ,coo "s, 6Q2 ,0u0 J ,^-5.,000 5/c Redemption fund against F.R -bank notes ,000 ___ 1 16 £ 1 3 - ,000 i 5*1,000 ... ij.,.7.51 All other resources ,000 J ,210 ,365,000 5 , 2-10 ,000 ,7^5 ; 0 03 TOTAL RESOURCES - Surplus Government deposits Due to mambers - Reserve account Collection items sits, including foreign govt, credits Other d; Total gross deposits F- R- notes in actual circulation F- P.- bank -notes in circulation,- net liability All other liabilities t otal l i a b i l i t i e s Ratio of total reserves to net deposit and F-Knote liabilities combin ad Ratio of gold reserves to F.R- notes in actual circulation after setting aside 35k against ret. deposit liabilities 79 ,057 ,coo j .134 :000 79 .190 ,000 l ,134 ,000 179 7 S,2 1 S ,0 0 0 1 ,5 °6 I .b g j , 4 q c , 0 0 0 702, 107,000 _ 1 1 7 ,QP1 ' 0 0 0 .A- J 112 2, 5S0 ,225 ,000 2,507 ,912 ,000 52 ,259 ,000 42 JIS 5 ,000 5,270 ,725 .000 4-9. 6> ,S6S ,00C ,727 ,000 ,090 ,000 , ^ ^000 ,3S4 ,313 ,000 c. ,502 ,4gs ,000 r ' f 55 , 0 0 0 ,000 UG ,552 t0Q0 ,2 1 5 ,000 ,063 5 0 51 -156 61 <y>o 0 0 °L cr\ 0 L I A B I L I T I E S Capital paid in 62 , 623,000 — 132 ,221,000 1 ,2bU ,323,000 174 ,492,000 __3i> ,335,000 1 , 607 ,371,0 00 '847 , 506,000 8 ,000 ,000 2 ,259,000 "27522 , 365,000 7*\ -7t* f i *fP Released, for publication Sunday morning October 27, 1913; not earlier. WEEKLY STATEMENT OE RESOURCES AHD LIABILITIES OE EACH OE THE FEDERAL RESERVE BANKS Al CLOSE OE BUSINESS OCTOBER 25 , 1918 „ St-38b (in thousands of d.oliars) R E S O U R C E S G c li in vault and in transit Go 1 d S 0111 emen t Fen d F *R. Bo ar d Gold w ith foreign agencies Total gold h e ld by hanks G o ld with Federal Reserve Agents Gold Redemption Fund To tal go .1d r e 3 er v es Legal tender n o te s , s ilv e r, etc. lb t a l reserves B ills ) 5 ec .by Qovt -war obligations D is c t i) A ll other B i l l s bought in open market ' Total b i l l s on hand U .S -Gov * t .long-term securities U .S .G o v 1 t . shor t~ter r securiti es A ll other earning assets Total earning assets U n co llected iteins (deduct from gross d e p o s it s ) 5^ Bedempt%on Fund against F -R. bank no tell f • h «... A ll 0 th #.*7 resources TOTAL tESCUltCES L "I O I L I T I E S :'v p aid in Boston W deposits - • E a ^ to ^'.aiiiDe^s, r e s e r v e Couleetion Al I o th^r foreign i tem s dspo s i ts 2 7 5 .4 2 8 215 6 2,621 24 ,2 9 7 4 6 ,336 U08 R- 2. 0 tea F. E. % a n ,K n o t e s in credits actual in l , o 6V 119 ,189 67,971 5,755 2 4 ,gUi ____ 6 ^ 5 0 0 tho,70 5 612 ,20H 172,693 __ 2 .9 S 9 __U3 5 1 6 ____ ___ lU3,6c'4 65V .7 7 ,5 9 1 I I . 653 80 4? 6 ,0 6 8 lU 5 .12 4 537 2 ,H i 6 /20 104 ; 749 lH-2 .1^6 1 7 3 5!+U3 78,354 1 2 ,3 9 2 w qj r, 7 2 2 ,9 0 1 ,4oi 12 2,2 61 212,969 2°,237 121 1,36 6 200 240 l ; ' 13 2 2 .8 6 2 1 ,790,172 U 6 7 , 6 3 6 ^ 201,277 7 ! ,'45 J 1,153 42,135 3 7 ,'422 3 .36/ '48,077 4 ,005 123 & ] k 127 3,321 1,399 1,0 9 5 1,10 7 2 0 ,30 2 H-6 , 3 5 5 77,218 5 9 ,8'U6 2?H,955 4 ,50 9 6 1 ,4oo 26,307 8,523 6 9 1,5 6 1 S 7 ,?-U 2 520 8 9 ,777 1 3 2 ,8 8 1 13,297 115,0 58 r-r-f 72 ,0 75 59,213 75 r r- 22,132 IH 5,79-1 649 2 ,2 19 1.234 937,31 2 0 ,2 2 . 0 2 5,58 3 1 ,o s 9 1 0 ,88 1 l-3'43 lU9,631 6,579 6 ,9 30 i 137,6 6 1 14 3,0 77 ~<~,0 P'< 7 J *••>w J \ Atlanta Chicago St .Louis 6 ,2 39 1.235 75 2 ,U0 !i- 1,991 2U 7S 336 _____ 8 9 3 _ 4 5 9 , 2 5 6 2 3 6 ,1 2 6 ’ 2 0 U ,1 3 3 1 , 1 1 2 i J 3/461 1 ,9 4 4 , 7 3 7 28 , 2 5 1 . 322,060 24 3 2 2 , 5 7 6 " s i ’^ 3 1 “ i T T n ' 97.38U 53,135 153,637 2 ,2 9 5 , 1 2 2 ?0 jU4 2 7,0 9 9 H o , Ug 8 356,923 3,6 32 97,526 69,375 2 7,317 55'4 88 Ugi 182 1 ,US5 337 882 2^.1 ] .O'7 8 987 172 2 .1 4 H 16,879 72 3,117 2 30 ,0 6 3 l 6 U,?.2 U 2 56,159 12.4 , 3 2 5 32 2 ,732 5 ,2 7 0 , 7 8 5 3,609 3,115 H,53i -- 79,190 8,704 5 ,0 9 s *1 . 6 1 2 1,13*+ 73,2is 76,317 45,855 35,697 9 6 ,408 1 .6 8 3 ,U9 9 l H ,366 28 , 0 1 5 702,107 35 2 730 117,0 0 1 7,391 -- 8,86 8 -- 4,018 3,16 2 11,0'42 4o 216 3,75^ -- 2,901 116 2,30 8 5,050 1 3 .6 2 U 2,284 6,546 10,319 92,37S 85,243 1U0 ,4 7 1 5 2 ,8 0 7 2 30 ,2 32 52,59*+ UH.ogU 1,175 36,071 53,651 45,017 3 , 1 7 50, 7U 4 75 2 ,19 1 7i,5lH 33 18 ,2 15 -- circulation 151,792 131 210 ---- 312 . _15I_ 81,605 310,433 114,944 721,939 2 i 4 ,793 244,571 118,3.10 116,532 325,037 107,164 Ui —— 72,^77 130,876 86^531 111,01+5 55,196 125, 531.2 , 580,825 o l, 9*42 137,706 2 , 507,912 circulation, liability Aljj. o t h ^ r l i a b i l i t i e s -TOTAL L I A i J L I T I E S '736 2 8 5,6 2 7 66,9 79 deposits F- 2 . 0 1 1 _____ 4 0 R Minn. Kans .Cy. D allas Sari Fran - Total 8 ,071+ 1 0 , 3 2 7 8,262 220 27&,679 7 ,822 2 1 , 5 0 9 20,301 32,362 37,252 415,67b 51,320 31,8 9 5 9,733 6 9,503 204 321 2 ^ 3 ___ 233______ 221 ___ ^ 2 5 _______2 0 U _______^ 5 _ 8 1 6 _____________________ -5,829 1 6 , 1 0 0 8 1 ”1 3 2 3 8 ,338 16 ,8 9 3 9 5 ,9 0 7 2 3 , 2 5 3 H o , 3 5 7 3 7 , 7 6 3 798,184 3 2 , 1 5 7 2 3,2 53 32 U 7.322 9 3 . 6 4 2 1,18U,998 60,968 45,344 193 , 67: U s , 9 9 2 14 9,32 4 :^ ,2 i 5 ^ .210 l,2.6l 2oi _ 1-165 _2j_153 4 , I I 6 1 0 .0 9 7 315 330 6l £50 1 2 6 ,1 :5 s- 2 ,0 ^ 5 , 1 3 2 Q2.299 So ,3 •b 6 6 , 8 5 3 2 9 9 , 6 7 6 ' 75,^10 ,346 9 9 , 5 0 7 78 ___ IP b ____ e l — 6:5 _ _ 241 _ _ l ^ p o __1^828 423 227____ 5L.03I 92 U3',36g 1 2 6 , 3 4 1 2 ,0 9 8 , 1 6 9 6 7 , 0 9 4 3 0 0 . 9 7 6 ~ 77 ,233 2 3 1 , 2 7 4 100,172 5 2 cJ, i ,b (c 33.762 1 5 , 6 7 2 1 , 0 9 2 ,Ui7 4 4 ,710 4 5 ,5 3 1 152 /4 0 5 4 4 ,283 6 1 ,3 28 3 0 , 0 0 5 2 7 , bl 6 47 ,osH 38 387 453,747 28 ,531 19 ,0 75 1 6 •’,?9.V10 3 1 ,1 7 s 3S'4 4 , .99 66 7 6 Q" H .b l ^3 Pi 2 S? MnS w > 31^81 Clevel. Richm.. including government T<^tal g r o s s net account Phila- 3,29 0 SurpJUW Go'vernrii&st New York 1,400 10,555 768 S55 19,15S 3,303 1359 2,322 53,359 8,067 2,513 3,163 2 .270 3,194 1 .ggq 5,784 42, j 65 3.031 1 5 , 63* lJ+22 2 ,562 2 .6 3 2 1.688 1 .409 352,237 1 , 790,172 4 0 7 , 6 6 45,9,256 236,126 2 04, 723,117 230,063 164,22-4 256,159 1 2 4 ,8^5 J£2,"?^2 5,270; 7^5 2,396 S 1J8 *Overdraft Released for publication Sunday norninj; October ?7 . 1918; not earlier. STAT'FMPBT Q? T V W m i. RBSERVE AGENTS' ACCOUNT? AT CLOSE OF BUSINESS OCTO'FEE (In thousands of dollars) Boston FEDERAL RESERVE NOTES: Received frosi Comptroller Returned to Comptroller Ciargeable to F. R . Agent In Sands of F. R. Ag-snt Issued to P* R. Bank less ai\ovnt returned to F< R. Agent for redemption Ne.v York Phila- Clevel- Richr* . . 25 , -?oc lgiS . Atlanta Chicago St.Louis '..'inn. Kans.Cy. Pallas Sari Fran- Total 226,580 1,162,440 204,460 2g9»S;+0 168,280 175,‘;00 484,920 14/ ,800 10m,SSO 14Q,700 98,920 217,440 3 *5^-5 .->0 _42^4q6 257,196 5.1 *g44 25,233 30, 30.1 23,].40 34 , 993.. 22 ,5o6 . l 6 ,882.^. 2 2 , 059,.. IS ,956 . .1^ 154 _... 56O ,S&0 lS4,0g4 905,21+4 2U2,6l6 264,507 137,979 15^ . 0 ^ 44o,Q27 125,194 9? ,99s 127„64l 79,9&U 202,2*6 2,964,600 ..1-3,200 .....92J300 11,5:50 11,250 11Jl60. _ J 2 ,495 ..45,120 .13 ,335. ... 5,51-°. . -S ,420 ...11,150 .... — ........ 267,510 1.55,384^ gl3+244_ 2J0 J .56 _2<fi j k ] 126.^19 119 , 565.403 ,^07 lll.,S 59. 87,438 JL.19 ,2£1__ 62, 81^. 202.^236 ...2,>97 £90 COLLATERAL SECURITY FOR OUTSTANDING NOTES: Gold coin and certificates on hoia Gold Redemption F-ond Gold Settlement Fund, F. S. Board' Eligible ,:a.par , mininnan rsq.xn.red Total * 5.000 -,971 <>4,000 97,913 1 6 5 ,^ 4 AMOUNT OF ELIGIBLE PAPEB DELIVERED TO F. E- AGENT 145,124 _ _ _r 153,740 — 17,750 — 2,503 _ 13,102 — ^ 10,081 207 , 1/0 l b ,887 12.457 13.574 9'^S 3,171 1 ,5 9 ° 2,go2 1,830. 2,962 3,250' 10,081 73,b09 110,000 105,732 112,000 30,000 40,170 192,076 45,130 33,300 44,360 10,884 83,561 299,213 .527 >617 1 1 1 , 5^7 -104^.023... 65.j3.5i 73 ,721 .210.,135 52.,067 .. ..39-*§5£... 71_,S9.9.... 32^ 599.-10S_,.54-4 1 ,512,092 213 , 244230 , 756 2 53 , 3 4 7 12 6 ,8 1 9 1 1 9 , 565403 ,807111,859 G7.4SS 119,221 62,814 202,2S6 2,697,090 722,973 H o , 765 135,352 69 , 55b 77 , 872274,955 73,923 39,260 87,422 43,077 110,34s 1,901,642- M E M 0 R A N D A FEDERAL. RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION F. R. notes outstanding F- H. notes held by bank F. E. notes in actual circulation 1 6 5 ,S 8 4 8 1 3 , 2 4 4 2 3 0 ,7 5 ^ 14 ,0 9 2 9 1,30 5 151,79 2 721,939 2 53,34 7 15.9 03 _ 214,79 3 12 6 ,319 S*7J 6 _ 2 4 4 ,5 71 119 ,565 4 0 3,2 0 7 111,8 59 s ,0 0 9 . .. . 2 ,o s 3 _ i S . j . 7 7 0 ___ 4 , 6 5 5 118 ,8 10 116 ,58 2 335 ,0 37 10 7,16 4 37,432 _ 957. 36,531 119 ,22 1 ",176 111,0 4 5 62,si4 2 0 2 ,2 3 6 2 ,6 9 7 , 0 9 0 S f? 1^,580 6 1,54 2 18 7,70 6 .. . 189,173 2 ,5 0 7 , 9 1 2 DISTRIBUTION OF BILLS, U- S- GOVERNMENT SHORT-TEEM SECURITIES AND WARRANTS BY MATURITIES- Bills disootaitea and bought U.S.Govt, s&ort-toxin securities Ifunicipal warrants Fithin I5 i , 193,861 2 50 ,9 0 6 2 16 to 30 day 221,020 117 5 31 to oQ days 27Q 7.^h bl to 90 days 232,891 8 ,6 76 10 Over 90 days 12,22.9 o2,319 Total 1,944,787 322,060 2^ St >3~d Released lor publication Sunday morning October 27 ? 19IS; not earlier. STATEMENT SEOV/IlvfG PRINCIPAL RESOURCE M B LIABILITY ITFMS OF MEMBER BANK'S LOCATED IN CENTRAL RESERVE, RESERVE AND OTHER SELECTED CITIES AS AT (In 1 . Lata l o t all r e p o r t i m T b a n k s ..in e a c h So bton Mo * reporting U.S.bonds Other U.S. to 44 banks secure bonds 14 ,352 circulation Total U~S. Loans secured by All other Reserve with Cash vault Net Time in demand of F. of OC TOBER and R. deposits deposits dollars) district New York 103 Phila. 50,972 53 11,492 Clevel R i c h m i. A t l a n t a Chicago K a n s - C y . .;a l i a s 44 73 St.Louis M i n n - 101 32 «5 SI 42,733 2 4 ,252 15,4 6 5 18 , 8 6 6 17.657 33 ,066 25,800 53,231 17,633 47,262 29 , 7 6 6 .Q2U 22,552 44,354 &2.,o£>l 14,756 11,9 31 5,006 284,960 33,595 9,533 2 6 9 ,7 5 s 2 3 5 , 5 2 0 4 5,117 74,395 15,571 39 0 ,4 33 15,229 232,074 32,652 4s,4i7 854,950 91,746 123 ,021 155,661 1,143,996 2 13,0 2 0 135,390 214,171 investments 5 6 ,6 75 6 10,56 7 35 ,26 3 3-64,044 bank 373,20 9 31,370 32 ,8 33 143,877 379,954 >4,017 28,460 59,962 2 2,435 3 1 S ,574 2 5,8 2 2 1,434,335 613,391 12 7,536 13,390 1 5 ,4 6 4 53> 5 5 5 12,5 ) 2 70 9 ,372 4 ,5 4 l , 4 g 6 6 21,9 0 4 36,773 76 5,8 12 3 2 2 ,G3S 227,042 58,913 254,707 16 ,0 9 4 2 2 3 ,0i4 6 0 ,5 6 ^ 9 0 ,405 1 ,1 2 3 , 3 2 5 371,54s 42,655 2 3 4 , 3 >; 26,793 33,112 15,274 1 4 ,560 38,817 4i,si4 7 6 5 ,2 so 4 > 1 3 7 , 2 8 9 70 ,346 50,S53 108 ,171 51,356 182,530 93/621 20 ,562 10 ,9 8 2 254,777 74.784 Rata for banks in each central reserve city, banks in all ether reserve citi I\c1'/ York C h i c a g o S t . L o u i s : T o t a l G e n dies N o • reporting banks 70 U-S.bonds to secure cir culation 36,772 Other U .S . bonds including Liberty bonds U .S . certificates of in debtedness SOS,172 Total U .S . securities 1,059,870 Loans secured by U .S . bonds, etc. 195,500 All other loans and in vestments 5 ^ 1^ 5*47 Eesarve with F. B. bank 525,44-9 Cash in vault. 113,844 Nat demand deposits 4,222,151 Tima deposits 2 0 > ,4g4 Government deposits 209,ggQ Hatio of combined reserve and cash Digitized forto FRASER total net deposits, per cant 15.6 1 8 , 1 3 1 s. 122,020 U - S . b o n d s ,e t c . deposits Government indebtedness securities loans thousands BUS INESS 35 6 ,36 9 I’c tal <*»>],/j H9 26s , 02s San j r;j53 13,736 17,6 29 3.4,505 13 ,0 2 1 13,563 22 , 670 97.174 including Liberty bonds U-S-certificates CLOE E O F Oct. 7° 56.723 316,466 1 5 -S 18 44 O c t .IS 14 18 ,5 0 0 2 3 ,115 526,677 1 ,7 2 9 ,811 2 , 524,516 54,307 6,921 7,7& 500,200 455,6 22 181,732 ;44 ,^2 1 4s ,859 16 .335 1 2 ,41 2 10 , 5^ 7,763 1 , 213,373 18,177 6 0 , 5 oP 157,727 22,014 9 ,354 2 , 7 ":u Uq,461 22,754 *29,33-3 L23.789 5,205 330,495 9 , 795,310 1 ,441,234 450,564 and other reporting banks. a8 it i 0 0 O c W «• v-'-— C o t . 1 1 128 S ,2 0 5 12, 8 ,3 s e n r e Cities Or t -18----O c t . 1 1 452 4 C o u n t r •y b a n k s o '-J,-^* t .13-■— O c t . 1 1 163 169 Total O c t .1 t 749 — - O c t . 11 749 10,597 4 8 ,4 5 4 4 8 ,403 1 7 0 ,974 1 7 0 ,935 4 s ,6 o o 48 ,4 75 268,028 267,313 2 5 ,6 4 5 11,S54 251 ,213 237 , 3 1 8 ^■23 ,0^*4 208 , 2 3 6 51 , 1 7 4 4 s ,5 2 c 525,677 4 c 4 , 140 94,055 35.3^6 q ^ 7 ,^'i 6 7 s ,267 7 0 6 ,52 6 1 ,7 2 9 , 8 1 1 1,777,156 1 , 0 7 2 ,9^5 1 , 0 3 b ,157 113 , 3 2 1 213 ,095 112 ,689 1 ,543 ,2 o 2 2 09,6 90 2 ,524,515 2,539,109 2 6 3 ,031 200 ,220 22 ,1 6 5 26,297 5 C1C , 2 0 0 439,603 4 ,640 ,335 4 , 6 5 6 , 6 5 6 8 6 0 , 5 4 7 2 5 2 , 1 1 2 1 0 , 507,763 441 ,236 - 3 8 ,523 57,552 ,213,373 55 ,4i4 ,0 ^ 0 320,4q5 4 2 ,763 4o,4 3 s 1 7 2 ,2^3 123 0, T O P 0 0 c ,7 9 5 , 3 1 0 5 , 0 7 4 . 55^ 5 , 9 0 3 *5 ^ 1 3 , 2 6 5 ,8 o 2 7 1 5 , 8 8 3 1 ^ f- >j j j *; 8 4 3 ,975 CWx 2C j ,120 s 4 i j2Sl 1 ,441,234 412, ,379 1 ^,4 9 1 , 4 5 7 1,119 12 0,8 59 57,757 932 , 2 2 3 1,2 3 8 ,436 57,28 5 11,12 0 264 , 2 0 5 834,011 275,323 s , o o 6 ,281 1 Q 4 ,394 J4,278 2 5 ,593 6 ,56 0 7 cu,ES_ 1 3 1 ,8 6 U l 4 l ,325 5.3,631 392.?Uoi 26,339 13,235 2 U 9 ,514 16 ,9 . 1 4 .3 207 4, 3 7 6 » ''J " 7 1 5 tip; 6 7 2 5 >5^3 r r> I r■«c 1 5 4 ,05.: 152 , 9°7 5 ,1 7 5 . 15 . 8 322 ,126 16 . 0 173 ,0 5 b 14.4 203 l4 ,921 O »■c_ 36 ,994 -- 4 4 ,946 _ _ 459,56^ 14-9 1 ,2 2 4 , 7 7 1 3 o 4 ,887 9-543,417 1,463,474 571,113 l4 .9
@FedFRASER