STATEMENT FOR THE PRESS St. 52S Released for publication ... · Released for publication Sunday...

STATEMENT FOR THE PRESS St. 52S

Released for publication Sunday Federal Reserve Board,morning,August 10, 1913; not earlier. ' August 9, 1919.

CONDITION OF FEDERAL RESERVE BANKS.

Reduction of about l4 millions in the holdings of war paper and other dis

counted bills as against an increase of IS*3 millions in other earning assets is

indicated in the Federal Reserve Board's weekly bank statement issued as at close

of business on August S, 1919* ^he statement introduces a new item ’’Gold in

transit or in custody in foreign countries", amounting to 85*3 millions, which

represents the amount of gold held for account of the Federal Reserve Bank of

New York by the Bank of Netherlands and the National bank of Belgiuip. This

gold was acquired from the United States Grain Corporation, which in turn receiv

ed it in part payment for food supplied to the German Government. This gold is

to be deposited within the near future with the Bank of England. After it has

been assayed and its exact value determined, allocation of the amount among the

saveral Reserve banks will be made and the items will be shown among the banks’

gold reserves under caption "Gold with foreign agencies".

War paper on hand declined 4.1 millions, other discounts - 9*8 millions, while

holdings of acceptances went up 6*5 millions and those of Treasury certificates -

largely to secure Federal Reserve bank note circulation - 11*7 millions. War paper

holdings of the Chicago, St. Louis and Minneapolis banks include 0^*2 millions dis

counted for other Federal Reserve banks, as against 99*3 millions shown the week

before, while acceptances held ty the Cleveland and San Francisco banks are in

clusive of 44,4 millions (as against 47«3 millions) of acceptances purchased from

other Federal Reserve Banks.

Government deposits show an increase of 4o«3 millions and members’ reserve de

posits - an increase of l4«3 millions, partly as the result of the above described

transaction with the Grain Corporation. Net deposits increased 54,6 millions, while

Federal Reserve note circulation went up 23*2 millions. Gold reserves fell off 3.7

millions, larger withdrawals for export being partly offset through gold deposits

by the Treasury. Cash reserves decreased 4.2 millions. The banks1 reserve ratio

shows a decline from 50*5 to 49*4 per cant.'

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

'2&,7Ut 618 M

Augustpoo,000

1919

Released for publication Sunday morning August 10, 1919; not earlier.STATEMENT OF COMBINED RESOURCES AND LIABILITIES OF TIIE TWELVE FEDERAL RESERVE BAi

R E S O U R C E S Gold coin and certificates .

Gold Settlement fund - F.R,Board Gold with foreign agencies

Total gold held ty banks Gfld with Federal Reserve Igents Gold redemption fund

Total gold reserves Legal tender notes, silver, etc*

Total reserves

esijsi.OOQl,0fcU ,0-4-7 >000

1 1 9 ,3%8 ,000

Bills discounted fe® 0*®4' * Gov' t war obligations-:(All other.

Sills bought in open market _Total" bills on hand-.

U.S. Government bends U.S. Victory notes U.S. Certificates of indebtedness All other earning assets

Total earning assets Bank premises

Uncollected items and other deductions from gross deposits 5% Redemption fund against F.R. bank notes Gold in Transit or in Custody in Foreign Countries All other resources

TOTAL RESOURCES

L I A B I L I T I E S Capital paid-in Surplus

Government depositsDue to members - reserve accountDeferred availability items

Other deposits, including foreign government creditsTotal gross deposits ~

F»R. notes in actual circulationF.R. bank notes in circulation - net liabilityAll other liabilities

TOTAL LIABILITIES

Rauio of total reserves to net deposit and F-R.ncte liabilities combinea

Ratio of gold reserves t F*R. notes in circulationafter setting aside 35/3 against net deposit liabilities

l , 6os,5S3 .ooo

22 5,535,000 ^31.241,000

$2 ,og4 ,756,000 6 7 ,362,000

2 ,15^ ,113,000

102,636,0001 ,7 5 b ,307 ,000

555 ,000 10*7,882,000

2.215.359.000 27 ,095,000

280,000 229,724,000

2 ,^72 ,45g ,000 1 1 ,205,000

70s,043,00010 .203.00025.253.000

9 [316,0005 .450.301.000

3 3 .207.00021.037.000

2 .523.260.0002 .532.057.000

205,315,00019,172,000

57^507301 ,000 49 .4- 56

St. 52SaS3 AT CLOSE OF BUSINESS AUGUST 3,. 1919-

August 1, 1919 August$ ^6 3 ,275,000 $

641,396,000''

90 5 ,171-, coo 1 ,0 7 1 ,397,000

111,997,000

1 , 612, 639,oeo 235 .300.00c.

374.7^1,000

02,357,0001 ,7 4 2 ,473,000

531 .232.000113.731.000

59.2

* Includes one year Treasprtr notes *

P

$2,083,475,00067,352,000

2 ,156 J 27 ,000

2 ,222,730,00027.094.000

230,000217.932.000

~2>63 ,036 ,00011.001.000

739.617.0001 0 .735.000

9 .3q6.QOO5,395,952,000

53.532.000

31.037.000

2 .505.792.0002 .506.320.000

200 ,945,00017,770 .000

5 .3 9 5 .952.00050.5 i

6 1 ,4 f0

9, 191 s .395,^10,000^ 6 ,354,000

____ 9 ,696,0001 .oifTJSo ,000

94^ ,692,00033.149.000

1 .990.301.000 S4,2?2_,0q0

2 ,041+ , 523 ,000761.576.000

570.S97.CCO-

208.557.000

1 .541.030.00034 .931.000

1 7 ,404,000 102,000

*

l ,593,46"776oo

534,753,000735,000

1 1 ,4io ,000 4 23^ ,393,000

761

1791 ,420

^33 __ 1272 , ibl

1,955

,376,000,134,000,973.000,705,000 ,3^ 7,000 ,050^000"030,000 ,276,000 ,716,000 ,311,000

1326

57234: ,393,000 57-9 %

76.3Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Released for publication Sunday morning, August 10, 1919; not earlier* _TTmT„m - c.* cos *,WEEKLY STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS AUGUST 8, 1919* bt. 5R E S O U R C E S

(in thousands of dollars.)Boston New York Riila. Clevel. Richm. Atlanta Chicago St. Louis Minn. Kans.Qy. Dallas San Fran. iotai0oId coin and certificates----- M ^ S 158,539 558 3 l ,211 2,308 7,828 23, S & 2,760 8,359 129 9,508 13,093 |6 2 ,g 5

Gold settlement fund - F.R.Boara- 54,7^4 177.225 42,500 38 , 8^8__30 ,060__1L.641 121,9.5.1— 2^.115.--28x223-43.,978 5»-7 --.Total gold held by banks----- 59, 602 335,764 43,058 70,069 32,368 1 9 ,^ 3 ^ 5 ,5 5 5 26,935 37,282 44, 107 15,21o .51, >5^ 8«1.,381Gold with Federal Reserve Agents- 56,448 285.. 578 7^, 5^8 116,876 2^646 45,447 248,572 51,360 35,6l4 35,102 16,885 ^ 0 ,9 ^ 1,084,047

Gold redemption fund-------- 20.84q 24,588 8,517_____?L20j _ 6j l 0___ 4,844 SgJ+^l___ 6*474---p n S ’M "Total gold reserves-------- 136,890 64.5,930 126,123 189,150 6^72^ 69, 760426 , 5 6 2 ^ + 776 9 76,23184,872 34,240 2,084,7^6

Legal tender notes, silver, etc.- 8. /24 47 ,589______234 1,005______51Q___ lj..2l6 -- Sj4--4 t-53.6----—-§±---21^— 2^0,2— ——T^-2-Totai reserves------------- 1S5, 6l4 693,519 126,357 190,155 6 6 ,2 3 4 71,036 427,442 89 ,305 76,315 85,086 36,289 144,766.2,152,118

Bills discounted:Secured by Government wax s ^ \ ^

obligations (a)--------- 128,136 64i, 566 ISO,934 100,989 77,44s 79,530 186,386 59,490 29,031 >+1,725.3 ,08b 49,260 1,60?,583

All other --------------- 8,276 53-625 14,715 10,710 12,353 il,64s 26,477 10,271 3,317 38,565 20,445 15,133 225,935

Bills bought in open market (b)- 26.862 106.980 623 57,0^7 7.978....... 6,01 1 ^ 2 ___ 9J6l2_ _ 2& J U ---- 2 _ _ 5 3 2 —Total bills on hand------- 163 274 802,171 196,272 16SJ46 97,779 97,213 265,315 79,373 58,525 80 , 292 5^,865 151,534 2,21^,359

U.S. Government bonds------- 539 1,257 1,385 1,093 1,234 376 4,476 1,153 H 6 8,867 3,966 2,633 27,095U. S. Victory notes--------- 18 - 50 1 - - 6 - - 205 - ~ "'U* S, Certificates of indebtedness 21,536 63,191 25%862 20»^7[5 2,^95 10,979 29^6.12__I I , 068-- 7>02J...l_2jM9— P|.3QQ--~—> 99-

Total earning assets------- 185,367 866,669 223,520 190,314 107,508 102,574 299,403 97,59^ 65,873 10l 64s 65,131 160,857 £ , 472, 45sBank premises-----—-------- 800 3,99I+ 500 875 437 463 2,936 691 - 401 308 400 11,805

Jnc

c5$ Redemption fund against R»

bank notes

163,27453918

21, 536

802,171 196,272 168,746 1,257 1,385 1,093 - 50 1

63,191 25.862 20,475

97,7791,234

8,495

97,213 265,315 376 4,476

6. - 10.979 29.612

79,373 1,153

17,068185,367 866,669 223,520 190,314 107,508 108,574 299,403 97,594

800 3,994 500 875 437 463 2,936 691

62,102 159,345 60,712 54, 64o 58,726 29,498 88,329 51,784

1,072 2,135 1,273 877 448 528 1,799 65 s

85,25s — -OJ 2,114 1,067 989 987 334 1.472 510

Uncol lected items and other de- x ^d^tiSns froa. gross deposits— 62,102 159,3^5 60, 712 54, 64o 58,726 29,498 88,329 51,784 13,862 65, 56130,080 33,404 708,0*0

374 729 46o 450 10,803Gold in transit or in custody in ^ pc-e

Foreign Countries--------- - 85,258 - - - - - - ~ ~ ~cnr &rs-t o aiCAll other resources--------- 329 2,114 1,067 989 987 334 1,472 510________ 93______5i5-- 522--- M l ---2^81b

TOTAL RESOURCES_______________ 395,284 1, 813,034 413,429 437,850 234,340 210,433 821,381 24o,5>+2 156,517 253,940 132,867 340,684 5 ,450,301

(a) Includes bills discountedfor other i\R* Banks, viz-

(b) Includes bankers* acceptancesbought fran other F.R. banks:

With their endorsement--Without their endcrseraent-

Ug, 150 20,000 17T000

10,012 34,3*

■«5,150

44,400


R3leased ■for ni?bl.tcation Sunday morning August 10. 1919; not earlier. St.528cWEEELX S^LIEm r OF RESOURCES A1ID LIABILITIES OF THE FEDERAL RESERVE BAMS AT CLOSE OF BUSINESS AUGUST 8, 19X9.

(In thousands of dollars-)L I A B I L I T I E S

Boston New York Phila- Clevel. Richm. Atlanta Chicago St.Louis Minn- Kans-Qp. Dallas San Fran* TcfctalCrpitai paid-in------------ 6,935 21,535 7,653 3,260 4,224 3,315 11,828 3,945 3,023 3,206 3,297 4,982 .83,807SiSoiu* -____________________________ 3,207 32,922 5,311 5;S6o 3,200 2,805 9,710 2,5S9 2,320 3,957 2,029 4,5 77 21,087Government deposits____________ — 6,967 54,66o 6,333 5,512 136 3 ,313 £,445 5,124 492 7,661 1,231 2,201 108,686Due to meters - Reserve account 108,46b 732,343 103,028 123,633 54,635 47,22] 2^ , 63;> 62,752-51,241 82,9^5 46,929 52,237 3,736,807 referred availability items--- 4$,4o? 130,986 53 , 420 47,53 7 53,268 23,13 2 64,728 32,922 11,139 *+3,713 20,122 19,045 555,485

0tG O T e S e J f c k S t i a~-------™ 6,063 48,694 7 , 5 0 7 . 6 . 9 3,5.._4.0?8___ 1 1 M L ____________ ^ J > 3 2 . 3 g L ^.295 2,210 ^ 9 1 6 1 ^ 2 2Total gross deposits----- - 170,909 966,683 170,288 183*629 112S117 76,223 335,301 111,007 & 7 Z G T 132,634 71,152 1267449 ^522,860

F* R. notes in actual circulation 189,597 745,723 204,697 220,064 105,297 116,613 431,735 10b,004 77,972 91,646 46,929 195,120 2,532,057

F.Embank notes in circulation -net liability---- -------- 21.151 39,405 24, l4g 17,744 7,430 10,156 30,662 16, 29s 6, 72^ x4,774 6,683_____s,0o3___ 2 0 ^ 1 2

All other liabilities------- 1.,4q 6~ 1 % 1,331 11.2.93 . 872 717 2 .1 % _____Zjgg9 ' jj l --hJ^>--- U J---1,^13 , 15;„ 1.72

TOTAL LIABILITIES_____________ 395,284 1 , 813,034 413,429, 437,850 234,340 210,433 821,321 240,542 156,517 253, 94032,267 3 4 0 ,6S4 5, 50,301

M E M O R A N D A

Contingent liability as endorser on - Disco-anted paper rediscounted

with other Federal Reserve _ _ . - 55 000 ' - - - - - 5,400 - 25,150n ^ n V c ---------------------------------------------------------------------------- ----------------------------- * 1 Joanxs

Bankers1 acceptances sold to other E.-R* banks---- -—

FEDERAL RESERVE’ NOTES OUTSTANDING- AND IN ACTUAL CIRCULATION _

F .B , notes outstanding------ 196,735 sso,273 217,355 232, 7>3 310,f e 121,0S5 ^5_.2«1; 12?,2.65 » ,3 « 9 98,>»9 50 ,W 219,^75 725,263F.H. notes held bank------ 7,138 7^,550 * 2 .S5o 1&. t>!$ K !*rJ M l ? 2^.552 lO, 2-1 2,jah S, ?63 3,725 _g ? , f 6

r 'lationS-----~~~-----~____ 189,537 71<5,?23 201.!,697 220,09: 105,897 116,613 >>31,755 JaS,co!> 77,972 9l , 6U6 '46,329 195,150 2, 532,057

DISTRIBUTION OF BILLS AND U. S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES.

...... _ Wif ‘ i 1is|ays 16 *53 $ 3 ^ 5 I1 61 0vf3r,^ 5days l,^ffiLSBills discounted----------- -:<*A )ih rin pin

Bills bought in open market--- 93*019 c-Vr,nn ^ oo’h.ah. gqo 229*7 24U.S. certificates of indebtedness 23,628 5,000 22,713 135,893 229,(2**


Released for'publication Sunday morning August 10, 1919; not earlier. St. 528d

STATEMENT OF FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS AUGUST 8 , 1919 •(in thousands of dollars)

Boston" New York Fhila. Clevel. Richm. Atlanta Chicago St .Louis Minn. Kans.Cy. Dallas San Fran. Total

FEDERAL RESERVE NOTES: " ,Received from Controller - 354,400 1,680,980 426,780 3f5,l60 232,680 243,000 665,160 218,920 134,320 170,920 104,760 306,000 4,912,140

Returned to Comptroller - - - - 132,965 727,107 178,445 115,557 95,621 61,635 182,973 78,655 -39.560 60,221 37,126 78,825 1 ,787,679

Chargeable to F. R. Agent - 221,435 953,873 248,335 258,603 138,059 181,366 482,187 140,275. 94,820 110,699 67,635 227,175 3 ,124,461

In hands of F- R. Agent- - - - 24,700 133,600 30,930 25,860 27,417 60,281 26,920 18 ,010 l4,46o 12,290 16,980 7,700 399,19s

Issued to F. R. hank less amount returned to F. R. Agent for redemption --------- - - - 196,735 820,273 217,355 232J43 110,642 121,085 555,267 122,265 80,360 93,409 50,654 219,475 2 ,725,263

COLLATERAL SECURITY FOR OUTSTANDING NOTES,*

Gold coin and certificates on hand -- -- -- _ _ _ _ _ _ 183,750 15,125 2,500 - 13,052 9,231 223,248

Gold redemption fund - - - - - il,44s 11,833 12,659 12,751 1,646 2,947 8,108 2,430 1,762 2,742 2,870 13,563 s4j64

Gold settlemejit fund, 3P. R. Board ^5,000 90 5000 61,889 90,000 25,000 40,000 240,564 4s ,930 20 ,800 32,360 5,*s4 77,4os 776,035

Eligible paper ,minimum required - j4Q ,287 _.57Al,695_ 3.42.807 315,867 83 ,996 75 ,,638 206,695 70,905 ^4,746 63,307 33,769 128,504 I ?64l,2l6

196,735 820,273 217,355 232,743 110,642 121,085 455,267 122,2659

80,360 9s ,409 50,654 219,575 2 ,725,263

AMOUNT OF ELIGIBLE PAPER DELIVERED TO F« R. AGENT--- 163,275 802,171 159,395 167,397 95,219 90,928 265,259 75,553 55,057 80,292 55,865 142,892 2 ,150,291


STATEMENT FOR THE PRESS.

s t . 525

Released for publication Monday Federal Reserve Board,morning , August 11,-1919: not earlier. August 3 , 1519 .

OOHDITION OF MEMBER BANKS._

Increases of 237 millions in the holdings of Treasury certificates and of

about 96 millions in loans and investments, other than government securities and

war paper, are indicated in the Federal Reserve Board's weekly statement of con

dition on August 1 of 76s member banks in leading cities. The considerable in

crease in certificate holdings follows the allotment by the Treasury of 323 nail.'

lions of tax certificates, These increases are accompanied by corresponding gains

in government and other demand deposits.

the total increase of 237 millions in Treasury certificates on aridi shown

for all reporting banks?17S »2 millions are reported by members in tire

Reserve bank cities and IX^ millions by member banks in Ne / York y P

preciable change is shown in the holdings of United States bonds; Victory notes cn

hand declined 1:7 .3 millions and war paper - lU-3 Billions. All other loans and

investments went up at all classes of tanks, the New York and Chicago banks re

porting an aggregate increase under this head of 70.5 millions cut of a total

of 95*2 millions*

Aggregate holdings of United States wax securities and war paper increased

from 3,250.7 to 3,'*56-7 millions and constitute 23-5 Per cent of the t0'

and investments of all reporting hanks, as against 32.6 per cent the week before.

For the Hew York hanks this ratio shows an increase for the week from 26.2 to

27*5 Per Cen *

Government deposits show an increase of 111.9 millions, largely in Hew York

City, other demand deposits (net) increased 201.5 millions (115-6 i* Hew

York City) and time deposits went up 9-2 I l l K a . . Beserve balances with the

Federal Reserve banks were 30-3 millions l^ger than the week before, while cash

in vault fell off 19*3 millions. The ban**- borrowings, as measured oy the ,

ansunts of c o l l a t e r a l ' customers' paper discounted by them with ^ F e d e r a l

Reserve banks, show a decline for the week of to.6 millions.


Released for publication Monday morning August 11, 1919; not earlier.

STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BMKS IN LEADING CITIES.

I . Comparative data for all reporting banks._____________ (in thousands of

Number of reporting banks - -- -- -- -- -- -- -- -- --

U. S. bonds to secure circularion

Other U. S. bonds, including Liberty bonds

U. S. Victory notes - - - - - - - - - - - - - - - - - - - - - -

U. S. Certificates of indebtedness

Total U. S. securities - - - - - - - - - - - - - - - - - -

Loans secured by U. S. bonds, etc.

All other loans and investments - - - - - - - - - - - - - - - -

Reserve balances with Federal Reserve bank - - - - - - - - - -

Cash in vault -- — - - - - - - - - - - - - - - - - - - - - -

Net demand deposits

Time deposits - -- -- -- -- - — - -- -- -- -- -- --

Government deposits - - -- - - - - - - - - - - - - — _ _ _ _

Bills payable with Federal Reserve bank - - - - - - - - - - - -

Bills rediscounted with Federal Reserve bank - - - - - - - - -

Ratio of U, S. war securities and war paper to total loans and investments, per cent - - - - - - - - - - - - - - - - - - - -

st.529a

Aug. 1, 1919 July 25, 1919 May 2, 1919 Jan. 31, 1919

J6S 769 771 772

269, sUU 269,622 269,287 263,047

636,965 636,510 669,736 769,727

336,513 353,751 - -

.1,133,673 896,685 2,328,124 1,514,776

2,376,995 2, 156,568 3,267,147 2,547,550

1,31+9,541 1,363,764 1,085,333 1,123,245

10,955,5^0 10,859,651 10, 326,851 10, 100,720

1,348,534 1,31S, 281 1,273,146 1,307,454

336 ,59S 355,910 347,320 353,950

.10,744,639 10,543,056 10, 322,632 9,952,408

1,799,037 1, 7S9,774 1,720,352 1 ,611,721

517,149 4o5,l6l 727,905 693,681

1, 063,883 1,100,684 1,244,113 838,230

336,295 340,096 243,671 .352,525

23-5 22.6 27 *s 25.1


Released for publication Monday morning, August 11, 1919; not earlier.STATEMENT SHOWING PRINCIPAL RESOURCE . AED LIABILITY ITEMS OF. MEMBER BANKS IN LEADING CITIES.

(in thousands of dollars.)2 , Data for all reporting banks in each district,, as at close of business August 1, 1919-___________ . ____ ___

St.529b

Bos ton 4o

l4.No. reporting banks U.S.bonds to secure circulation Other U.S.bonds including

Liberty bonds U. S. Victory notes U.S.certificates of indebtedness

Total U.S. securities 101,319Loans secured by U.S. bonds, etc. 70,59.8

New York Phila. Clevel.109 56 88

49,360 11,597 Hi,25s 25,845 14,715 20,136

Richm. 82

Atlanta Chicago St.J*

17,156

puis Minn.357,120

Kan^g Cy.

14,217

1-as San^ran.

18,727 34,605

17,569l l , 44s 57 ,13

300,085 3^,975 62,576 136,696 16,849 44,506 435.233 53,039___ 88,138

38,689 27,665 l 4 ,854 l 4 ,826

66.195 60.093

53,820

51,831.m .7.18 .

325,505

16,56212,751

JJ>j26_80,09537^ 116,460 237,138 145,585X117,299^ _ _ . f

^ ..............7^,6 39 169,295 109,256 42,436 3 0 ^ 7 5 / 100,423 25,153All Other loans and investments 832,384 4,318,299 633,359 V>25, 839 399 ,603/319 ,9^1 ,519 ,855 4o6,444 254,393 ^91,079

10,085 22,2757,146 10,617

26,986 30,83251J 37 1 1 ,CM12,730 17,637

18,567H,707

3 1,300

3 M 9 7 10, 282

50,659

Reserve balances with F.R.barikCash in vaultNew demand depositsTime depositsGovernment depositsBills payable with F. R* bank

76,896 694,692 67,38^

21,731 n ^ ,795 16,625 758,118 4, 963,709 64s , 952 112,250 323,352 21,4s4

35,183 248,952 34,755 28,532 468,497 154,848

Bills rediscounted with F-R.bank 71,171 154,921 24,385

90,752 34,855 30,93b 173,5^4 Hl,304 20,784 42,07132,058 15,969 -12,57H 62,13^ 8,592 9,430 14,862

817,122 327,859 262,520 1,326,273 316,111 242,604 428,685292,793 89,968 112, 772 HHl,274 98,702 57,685 76,751

33,483 17,366 19,408 50,555 23,779 13,309 17,60685,987 88,047^ 50,251 75,898 28,171 4,710 37,23515,429 14,424/ 6,781 6,027 12,149 470 21,639

-573,30-: 6,84i

184,844, 20, 52^

10,293 185,688

30,^79 lH, 59H

12,076 2,150

1297543“ ' 20,058 >69,497 54,840

17,535466,998 l4 l ,527

8,159 29,631 6,7^9

Tofii 269,844

636,965336,513

1 , 133,6732,3767995 1,3^9,5^1

10,955,5^0 1,348,584

336,598 10,7^4,639

1,799,037 517,1^9

1,063,883 336,295

3- Comparative data for banks in Federal Reserve bank and branch cities and all other reporting banks .___________________ ____New York Chicago All F.R.barik cities F»R.branch cities

Number of reporting banks U. S. bonds to secure circulation Other U.S.bonds including Liberty bonds U.S. Victory notes U. S. certificates of indebtedness

Total U. S. securities Loans secured by U. S. bonds, etc- All other loans and investments Reserve balances with F. R. bank Cash in vault Net demand deposits Time deposits Government deposits Bills payable with F, R- bank Bills rediscounted with F. R» bank Ratio of U-S.war securities and war paper Vto total loans and investments,per cent

Aug. 1--71

39,663

270,676 118,573 405,212

-July 25 71

39,163 267,610 124,790290,159

lug. 1--44

1,37120,814

24,729108,231

.Ju!y^5

1,370

23.U2924,934

99,377

Aug. 1— —259

104,574377,819194,839728,150

July 25259

104,073 377,676

203,437 550,039

Aug'lS4

57,^35 109,290 76,^07

24i . 826

Julyjg

57,33*+ 109,261 81,565

208,978

All o^he^rsporting

July3t£

108,215 1^9,573 68,7^9

137,668

107,835149,856

65,267163,697

834,124

697,421 3 , 900,276

662, 79H 103,476

4, 563, 9^7259,643

23s, 777 418,507 l4l, 166

27-5

721,722

703,757 3,857,820

o il ,784 110,245

4,448,311

256, 57^135,009 43s ,719138,684

26.2

155,145 73,753

920,187 120,850

35,454 885,53H 166,845 27,182 30,880 4,285

19.8

149,110 72,666

892, 202 121,187 37,519

864,434 166,424

30,894 49,078 H,667

19,8

1,^05,382 1,089,861

7,25H,Usj 1,022,103

195,800

7 , 633,113 743,074392,423 740,245

260,529

24.5

1,235,2251,100,670

1,182,915981,159205,833

7 ,454,762742,086279,788

783,957 259,3lH

23.4

4s4, 958 132,909

1,718,824 l60, 26g 57,080

1,408,155 530,846 64,499

184,743 30,126

24.0

457,138

135,7 391,703,850

169,07s

60,5791,394,614

530,53567,399

178,82730,044

23*3

486,655 126,771

1,982,295 166,21383,718

1,703,371 520,117 60,227

138,89545,520

19-5

464,205

127,355 1,972,886

168, o44 89, 49s

1, 693,680 517,153

57,97*+ 137,900 50,738

18.8Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

C O N F I D E N T I A L Not for publication RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LI VBILITlpe

RATIO OF GOLD RESERVES TO F« R. NOTES IN ACTUAL CIRCULATION- *" St .533AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES OF

ALL FEDERAL RESERVE BANKS..... ’ ugust 8, I9I9 .

Ratio of total reserves to net deposit and F.R, note

liabilities combined ______ Aug. 1-- Aug. 8______

Ratio of gold reserves to F.R. notes in Ratio of gold and actual circulation after setting aside lawful money reserves 35% against net deposit liabilities

________ Aug. I-- Aug, 8 ________

Ratio of gold reserves Ijb F. R. notes in

to net deposits Aug. 1—— Aue. 8

actiaal AUK * 1-

circulation --Aug. 8

55.6 62.8 50.0 50.8

56.2 57.5- 5l .8 5l*6

50.5 39*5 5o-8 5o.6

55*5 55*1 53 ‘6 55.1

55.5 61.6 35*0 3l«5

52.5 5 3 .8 53.3 53*1

56.6 59-3 65.0 65-1

56.2 53.1 55-1 55.6

90.3 71 . s 53-1 50*0

57.7 60.7 55.6 1+U.5

UU.2 52.0 39*8 5o .5

55-2_ 56.1 55.0 57.5

Boston

New York

Philadelphia

Cleveland

Hi clanond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

San Francisco

45.7

U9 .I

Uo»7

55.3

1*1.5

U3.1

61.9

51*8

60.9

9-9

41.9

58,1

5s.8

55.7

5o»2

55.5

51.6

53*3

63.0

55.0

58-7

51-7

51.2

.50*2

52.3

63-7

53. 6

66.1

51+.S

56.1

78.0

61.7

76.5

60.2

5 7.7

-53..-I.

56*7

55.1

53,0

65.9

55.9

U6.7

79-0

65.6

75.5

65.9

56-7

jl=5_

TOTAL 50.5 59 .4 61.5 59-S 55*1 52*1 57.2 57.5

FEDERAL RESERVE BOARDDIVISION OF .REPORTS AND STATISTICS

AUGUST 13, 1919


C O N F I D E N T I A LRat for publication GOLD RECEIPTS AND DISBURSEMENTS OF FEDERAL RESERVE BANKS DURING THE

EOUR WEEKLY PERIODS ENDING ON FRIDAYS, JULY 3 to 25, 1919* St.53S

(In thousands of dollars; i .e ., OOO omitted.)

,'r t R E C E I P T S' • JULY '

' 3.... •

JULY- 1 11 ’

JULY ' 18 1

JULY '

....25.......»

TOTAL 'TOTAL SINCE JUNE 28 TO JULY 25 'DEC.27.1918

In exchange for F.R. notes:Prom U. S, Government ' l ,% 7 S27 1,388 959 4,641 53,^70From member banks 330 425 499 324 1.57S 11,066Other banks, individuals, etc. 182 283 228 15S 851 6.isi

Total 1,979 1,535 2,115 l,44i 7,070 70,717

Credit to deposit accounts: U. S , Government 12,014 10,000

5.56520,000

2f 09642,o i4 199,864

Member banks (a) 1,656 2*233 12,150 93,^13

Total (a) 13,670 15,565 22,096 2,833 54,164 293,277

All other N, S, (a) 912 403 2,540 7,933 11,790 "81,294

TOTAL RECEIPTS I6/ 56I 17,505 26,751 12,207 73,024 445,288

D I S B U R S E M E N T S

In exchange for F* R» notes;To U. S. Government 6,051 6,395 6, 32s 5,059 23,833 {

939 >To members 243 344 172 ISO 177,073Other banks, individuals, etc. ' , 64 ' , 1 9 . * . 12 1 96 )

Total 6,352 6,75S 6,512 5,24o 24,868 177,073

Debits to deposit accounts!U. S. Government 2,012 5? 8 18 2,091 16,360Member banks a. 23,993 15,764 5,111 - 5 J M 50,31^ 132,132

Total 26,005 15,317 5,121 5,462 52,405 153,^92

All other, N« S. 2,716 12,172 15,049 18,447 4s, 384 109,846

TOTAL DISBURSEMENTS 35,079 34,747 26,682 29,149 125,657 44o,4ii

Excess receipts — 69 4,877Excess payments is, 51s 17,242 16,942 52,633

;4

FEDERAL RESERVE BOARD* DIVISION OF REPORTS AND STATISTICS, AUGUST 14, I919.CaT AttendedDigitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

C O N F I D E N T I A L

Not for publication RATIO OF "FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS. St.535

(In thousands of dollars.) August 8, 1919

1 I

Federal 'Uncollected1Reserve ' items 1

Bank ' ' t 1

Deferredavailability

items

"FLOAT" !' Ratio to '

’immediately' Amount ' availabiG-.lt

1 deposits '

"Float" after adding net debit 1 or deducting net credit in 1

Saturday's settlement 1

"Float11 after bank notes transfers

deducting National and F* R. , also net investaent tin from second calculation

1 Ratio to immediately 1 .Amount 1 available deposits T

1/mount 1

Ratio to immediately available deposits

Boston b2, 102 49,407 12,695 10.4 12, 7S1 10.5 12,339 10.2

New York 156,845 130,986 25,859 3-1 34,553 4 .1 34,553 4.1

Philadelphia 60,712 53,420 7,292 6 *2 9,947 8.5 9,947 8.5

Cleveland 54,6Uo 47,537 7,103 5 ,2 * . 09 5*3 6,661 4-9

Richmond 58, 726 53,268 5,458 9 '3 4,303 7*3 4,157 7-1

Atlanta 29,493 23,132 6,366 11.9 5,492 10.2 5,318 9*9

Chicago 33,329 64,723 23,601 8.7 17,451 6 .4 16,209 6.0

St. Louis 51, 734 38, 9S3 12,796 17.8 10,774 15.0 9,268 12.9

Minneapolis 13,862 11,139 2, 723 5*0 2,654 -4,8 2,479 4.5

Kansas Ci ty 65, 561 43,713 21,848 23 -0 20,516 21.6 10,487 11.0

Dallas 30,030 20,122 9,958 19*5 10,784 21.1 7,629 i4 .g

San Francisco 33.>4_q4 .._ ,!9J?45_.. 14.359 13 .4 ....... 13,594 12.7 8,371 7.8

TOTAL 705,543 555,435 150,058 7.6 150, 05s 7*6 127,418 6.5

FEDERAL RESERVE BOARDDIVISION OF REPORTS AND STATISTICS

AUGUST l4, 1919


(In thousands of dollars.) August 8, 1919

C O N F I D E N T I A L COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEMS, St*535aNot for publication

UNCOLLECTED ITEMS 1 > DEFERRED j1VAI LABILITY ITEMS

Bank

i11 Clearing 1 house ’Exchanges

1 Che cks ' and ' ' 0 ther * cash ' i tems

•National Bank'1 notes and ’’tank notes of'Trai^fefers 1 other T bought 1 F» R. banks 1

1 1 t 11 All other 1 Tuncollected* * items 1

1I1

Total 11

11’ Gold 1 Settlement 1 Suspense

Transferssold

1 f 1 t

‘Government 1 transit1'

1 items 1

Other ' transit ' items 1

Total

Boston 2,78k 76 UU2*5-

5S,S00 62,102 16,6 51+ - * 32,753 ^9,^07

New York 15,092 3,167 - - 138,586 156, 8^5 61,965 - - 69,021 130,926

Philadelphia 6,189 SO 7 - - 53,716 60,712 20,631 - Ill 32,012 53,^20

Cleveland U,0^2 lk 323 225 50,036 5k,Gko lU,U99 - s 57 32,181 ^7,537

Richmond 1,766 267 lU6 - 56, 5kj 5S, 726 22,277 - 3 ,0^9 27,9^2 53,268

A.t lan ta 3 ,iUs 226 17 - 25,950 29,1+93 U,03S - 1 ,7^3 17,351 23,132

Chicago 6,620 - 312 1,200 so, 197 88,329 22,867 210 931 Ho, 660 Gkt728

St» Louis 1,^76 165 691 1,315 54-8,137 51,7SU 15,169 500 325 22,SSk 38,988

Minneapolis i,uuo 1 30 1 5 12,2kS 13,862 3,990 - 31s 6,831 11,139

Kansas City 953 782 351 9, 67s 53,797 65,561 8,390 - - 35,323 ^3,713

Dallas 1, 1U0 838 2*+8 2,909 2k, 9I+5 30,oso 6,809 2 1,085 12,226 20,122

San Francisco 2,23^ 17 lk2 5,083 25,328 33,kok 5,320 2 150 13,573 19,0^5

To tal 1+7 , 4sl+ 6,360 2,859 20,555 628, 2S5 705,5k3 202,609 11k 9,235 3U2 ,867 555, 1+85

FEDERAL RESERVE BOARDDIVISION OF REPORTS AND STATISTICS

AUGUST 14, 1919


G 0Summary of transactions for week ending August 14, 1919^

Aggregate withdrawals & transfers

to Agent Ts Fund

Federal Reserve

Bank of

Balance last

statement August 7

.1919Boston : 52,515New York ; 170,570Philadelphia ; 42 ,739Cleveland. : 37,137Richmond ; 32,163Atlanta : l6,06SChicago : 130,193St. Louis : : 23,650Miimeap olis ; 31,752Kansas City : 43,060Dallas ; 4,489San Francisco r 42,000

Total : 5267391“ * 2~boC

Goldwith

drawals

Goldde

posits

: 3,136 5.000: 196 —

4 : 2,569 3,5043 : 2,010 4,003

: 355 18,720536: 1,900 7,536

s 59 -

15 s 51 15110; 6 110

2,000: 7,00010.282: 45,333

FEDERAL RESERVE BOARD L D S E T T L E M E N T F U N

(in thousands of dollars) Aggregate

deposits &

transfers from

X-lb53

CCNFIDENTI-AL

Agent's Fund

3,136196

2,5692,010

3551,900

59516

1,383ll,b b 5

T R A N S F E R S

Debit

Settlements from August S to

August 14, 1919,both inclusive.

1SC00 20 700 25.423

4.00042.000

1.00084.000 11,030 24,so4

3,000 2,962 4..000

223,925

Credit

" 11,53472.000 35,oco

36.000

36,20515.000 lb , 186

2.000

223,925

NetDebits

131,9153*736

135,651

TotalDebits

'95,954:

451,345: 123,894:

84.259-

143, i **2; 31,528:

l!}3,768; 90,893:

27,037: b2,212:

37,437: 31.631:

TotalCredits

108,340;

319,430; 120,158;

95,697: 148,900: 34,lb2:

186,078; 107,987: 35,071: 85,555: 40,758:45,964.

NetCredits12,3&T

11,438

5,758 2,634

37,310 17,094 8,034

23,343 3,321

14,3331,328,100 :1 ,328 ,100 135,65!

B&LSQoei±n fund at close of business Aug.14,1919

757435 £9,955 46,710 44,821 30,986 15,709

101,348 39,078 31,227 63,439 6,744

46,716 “ 592,168 '

Federal

Reserve Agent at

Balance last

statement August 7,

1919

Goldwith

drawals

Gold :deposits

Withdrawals for transfers to

Bank

fl u lu IV JL >JDeposits

through transfers from Bank

■B U JM V

Totalwith

drawals

: Total {deposits

Balance at close of bus ir.es s August 14,

193.9

Sugary of changes in ownership of gold by barucs through transfers and settlements.

BostonNew YorkFhilade lphiaClevelandRichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco

m a 4* a 1

43.00090.000 63,88990.000 25,000 36,000

237,62548,931

20,80034,3603,184

77,40877 r\ 107

5,000

5,000

2,0002,0006,0002,000

2,000

10,0C0

1,0001,383

5 »ooo

3,5004.000

18,7207.000

5.000

5,000

5 ,oco

2,0002,0006,0002,000

2,000

1,383

10,000

5.000

3,5004.000

18,7207.000

1,0005 ,oco

48,COO 90,000 b3,8S9

90.000 26,50038.000

250,345

53,93120,80032,3604,184

81,025

Decrease ; Increase ,

: 22,920 80,bl5 :

: 5,835 : 7,438

.242 .

: 1,63410,485

‘ , : 21,064 584 :

- 20,343 : 2,359

•m* M *1 rv 7771 QUcaJL H 0 , 191 24,000 11,000 1^383 43,220 __25_,383 54,220 799,034“ -— —-- —~— -__ ^01 53^

91,926 ; 91 ,92b


Daring the period from April 26 to May 29, 1919# inclusive.(In thousands of dollars#)

C O N F I D E N T I A L GOLD WITHDRAWN FROM THE FEDERAL RESERVE SYSTEM. St. 539Not for publication

' Paid to 1 Withdrawn ' Withdrawn for 'Withdrawn for 'Miscellaneous'Federal Reserve Bank 1 the U.S. ' for ' use in the ' reserves of 1 or not ' Total

1 Government 1 export ' industrial arts 1 banks 1 specified 1

Boston 735 66 1 801New York 5,474 2,295 5,623 205 35S 12,955Philadelphia 3,027 - 25 «. 5 3,057Cleveland 5,127 - — 5,127Richmond 2,921 - — - 2,921Atlanta 7,170 - - 20 - 7,190Chicago 3,965 - - — 43 4,008St. Lotas 3,252 - — 61 3,313Minneapolis S29 - 6 5 s4oKansas City 496 — 496Dallas 453 120 - - 573San Francisco 588 . 134 - 30 4s 800

Total 33,036 2,549 5,714 261 521 * 42,081

During the period from Mav 30 to June 27. inclusive.

Boston 790 94 884New York 12,286 66,890 7,331 — — 86,507Philadelphia 4,081 - 30 — 57 4,168Cleveland 5,105 - 5,105Richmond 2,623 10 - 2,633Atlanta 6,016 - 35 — 6; 051Chicago 3,697 - - 222 3,919St •> Loxix s 3,356 - - 45 3,4oiMinneapolis 562 - - 5 567Kansas City 513 - — 513Dallas 403 156 - - - 559San Francisco ... .............9*63.4 . 7.689 5 3 171 17t502

Total 49,066 74,745 7,460 43 495 131,809

* Difference between this total and that shown on suomary of Gold Receipts and Disbursements for the above- ! period, (StcUUU) due to elimination of $2,573*000 of intra-bank transactions reported by the New York, * Chicago and San Francisco Federal Reserve banks.

FEDERAL BESSB7Z 30AED- DIVISION OF REPORTS AND STATISTICS, AUGUST 15, 1319*Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

C O N F I D E N T I A L Not for publication

GOLD RECEIPTS AND DISBURSEMENTS O-F EACH FEDERAL RESERVE BANK DURING WEEK (Figures do not include gold received from or paid to another Federal

(In thousands of dollars; i .e .. 000 omitted.)_____

ENDING JULY 25, 1913 »Reserve Bank.) St.5^0

R E C E I P T S

In exchange for F»R« notes

’ From U« S.

• Government

* From

1 members

• Other banks, 1 1 individuals, etc. *

Credits to deposit accounts» U*S .Government ’ Member

Total * General Account1 banks Total

All other '

N. S. 1Total

Receipts

BostonNew YorkPhiladelphia

ClevelandRichmondAtlanta

ChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco

952

17369

230

13sl2

25

573911

25

s

23011013554

9651616

25

10__To tal_for_ System______353- .324. .15_S_

16.44l'D I S B U R S E M E N T S

560 560 336 1,006243 243 - 256193 193 55 303126 126 - 13058 53 - 1,023

r. 944 944 13 973112 112 - 113

68 63 28 102_ 106 106 - ■ 131_ 39 39 - 39

- 384 384.__2,833___.

7,501... _.__7j933_____

7,901 _12,207

____________ In exchange for F. R» notes

To U. S. ' To ’ Other banks , ' Government 1 members 1 individuals, etc. 1

1 Debits to deposit accounts

Total

U. S.Government

Boston 269 -

New York 292 80

Philadelphia 908 -

Cleveland 790 -

Richmond 294 -

Atlanta 1,504 50

Chicago 5Sl -

St. Louis 69 —

Minneapolis 33 -

Kansas City 135 —

Dallas 70 -

San Francisco 64 50

Excess receipts4 ,100 T

FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS

august 15, 1919

26937290S

790294

1,5545S1

69 S3

13570

115

1 Member ' banks

--- W ~Total

5,293

9g

IS

TpT

5,293

9s

IS

All other 1 N. S . ___ '

TotalDisbursements

90

1

'157*

3,240_

3,799

IS

IS

5, ™

2,611

90

1925

200 904 100

29 17,170

2,629

18,447-

10,514

313 5,684

933 790 303

1,562 7Sl 991 183 135 IS 9

17,235

16,942


C O N F I D E N T I A L gold withdrawn from the federal reserve system. st.5U6Not for publication

During the period from June 28 to July 25, 1919> inclusive.(In thousands of dollars.)

Federal Reserve Bank1 Paid to 1 the U. S. ' Government

1 Withdrawn 1 for ' export

‘ Withdrawn for 1 Withdravvn for'Miscellaneous' 1 use in the 1 reserves of 1 or not 1 •industrial arts* banks 1 specified '

Total

Bo ston 729t

- 109 a* S3S

New York **,359 U2 ,17U 6, 60S 613... 53,75^

Philadelphia 3, 5g5 122 15 - 3 ' 3,725

Cleveland 3,660 - - - . : ■ -■■■■' 3,660

Richmond 2 ,oU3 - 1 100 2,144

Atlanta 6,988 - - 105 - 7,093

Chicago 2,250 * — - 1 2,251

St. Louis 3 ,27i - - - 43 ■ 3,31^

Minneapolis i+is - - 15 - ^33

Kansas City 396 - - - - 396

Dallas 501 523 - - - l ,02l+

San Francisco 22,036 2^,777 - Uo 172 ^7,025

To tal 50,236 67,596 6,733 260 232 125,657

FEDERAL RESERVE BOARDDIVISION OF REPORTS AND STATISTICSAUGUST 16, 1919.


STATEMENT FOR THE PRESS.

Released for publication Federal Reserve BoardSunday morning,

August 17, 1919» August l6, 1919

CONDITION OF FEDERAL RESERVE BANKS.

Net liquidation of nearly 100 millions of discounted and purchased bills,

accanpanied by a substantial reduction in Government deposits is indicated ty the

Federal Reserve Board's weekly bank statement issued as at close of business on

August 15, 1919.

War paper on hand shows a decline of 85*6 millions, other discounts on hand -

a decline of 5.2 millions, and acceptances - a decline of 6.9 millions. The in

crease of 66 millions in Treasury certificate holdings represents largely the amount

of temporary certificates issued to the Chicago and New York banks to cover advances

to the Government pending collection of funds from depositary institutions.

Total war paper holdings of the Chicago, St. Louis and Minneapolis banks in

clude 71'H millions discounted for other Federal Reserve banks, as against 85*2

millions shown the week before. Acceptance holdings of the Cleveland and San Fran

cisco banks include U2«5 millions (as.against millions) purchased from other

Federal Reserve banks.

Government deposits declined 50.1 millions, while member*s reserve deposits went

up 21.6 millions and the "float" carried ty the Reserve banks - 15*2 millions. Net

deposits show a reduction of ^2*5 millions* while Federal Reserve notes increased by

8,8 millions. Gold reserves declined 2.2 millions, larger export withdrawals being

offset to stsfio■ extent through gold deposits ty the Treasury. Cash reserves showreserve

but a slight decrease. The banks’ ratio shows, a rise from 50.b to 50-9 per cent.

in increase of $593*000 is indicated in capital account, this amount represent- -

ing largely additional stock of the New York Federal Reserve bank issued to members

in consequense of increasesof th@ir capita.! and. surplus accounts*


August IS . lQiq $250,651,000

591.206.000

SUl ,857,000 1 ,118,89!+, 000

121.536.000

Bills discounted 1 ,52a ,992,000 220,31+7,000

- 3T^,?75,OQQ

Roleacad for publication Sunday morning, August 17, 1919; not earlier.STATEMENT OF RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS AT CLOSI

R E S O U R C E S

Gold coin and certificates Gold Settlement fund - F-R« Board Geld with foreign agencies

Total gold held by banks Gold with Federal Reserve Agents Gold redemption fund

Total Gold Reserves Legal tender notes, silver, etc.

Total reserves(Secured by Gov't.war obligations

(All other

Bills bought in open market Total bills on hand

U, S* Government bonds Uv. S. Victory notes U. S. certificates of indebtedness All other earning assets

Total earning assets Bank premisesGold in transit or in custody in foreign countries Uncollected items and other deductions from gross deposits 5$ Redemption fund against F.R* bank notes All other resources

TOTAL RESOURCESL I A B I L I T I E S

Capital paidr-in SurplusGovernment deposits Due to members - reserve account Deferred availability itemsOther deposits, including foreign government credits

Total gross deposits F« R. notes in actual circulation F» Ri bank notes in circulation - net liability All other liabilities

TOTAL LIABILITIESRatio of total reserves to net deposit and F.R. note

liabilities combined Ratio of gold reserves to F-R. notes in circulation after

setting aside 35f° against net deposit liabilities

S9 ,631*000 833,399,000

to

5'8, 58 ,000 1,77s, 365 >°oo_ri

670,5^(^00 loq.giQ.ooo

$2,082,587,000 6q .136 .000

■2 ,151,723,000

2 ,117 ,71^,0002 7 .093.000

271* ,000295,727,000

2,1+1+0,813,00011.306.000

92s ,030,0001 1 .313.000 q.so7; .0O0

5 ,553,123,000

gl+,1+00 ,00081.087.000

2,6i6,?oU,ooo 2,5140,901+, 000

209,709,00020.384.000

5 ,553,188,000

50-9 %

61.1+ %

OF BUSINESS AUGUST 15, 1919.

August S. lqiq $ 262,71+5,000

613,636,000

331,331,000 1,031+,01+7,000

liq.^as.ooo

1,60s ,.583, coo •••■ 225, 535,000

131,21+1^000

$2,03*+, 756,000 67.362.000

2 ,152,118,000

2.215.359.000 ... £ 27,095,000

280 ,000y.'k : 229,721+, 000

2,1+72,1+53,000 11,so5,000

* 35,253,000IQS.043.000 793,301,000

10.303.000 q. 816.000

5.450.301.000

83.807.000 81,087,000

103.636.0001 ,756,807,000

555,: >5,000107.382.000

2;, 523,360 ,0002,53^,057,000

205,31s ,000 19 ,172,000

5 ,450,301,000* Includes one year

Treasury notes. ** 50.1+ ^

Amended figures- ** 6l<0 l/o

St.5l+la

August l6 . $ 385,017,000

600.033.000 5.S2q.000

990.929.000

961,1+93,000

Ho, 116,000 1,992,5^3,000___52.980.0002 ,01+5 ,523,000

752.115.000533.253.000 212,201+,000

i> 9 7 ,5 7 2 ,000 31^97,000

* 3 2 ,51+6,000______________________ 5 2 , 0 0 0

1,561,697,000

623,1+95,000

866,00010.801.000

4.242.334.000

76.960.0001 ,131+,000

95.555.000 1,1+64,011,000

1+61,202,000I IS .2 1+ .000

2 .136.002.0001.935.419.000

15.167.00027.702.000

4,21+2,384,000

53*5 $

€76.3 *

1213


‘ •Eeleased for publication Sunday morning August 17, 1919; not earlier. St*5 -■v—/ ' WEEKLY. STATEMENT OF RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS AUGUST 15, 1919*

'■ f 'S ? R E S O U R C E S. (in thousands of dollars.)

.: .r/S^ ' ■ . • • Boston New York Phila, Clevel. Richa. Atlanta Chicago St.Louis Minn* Kans-Qy. Dallas San .Fran. Total 7,864 23,614 2,626 8,360 87 9, 60s 9,670 250,651

^ o M - ssttlaaont -fund- - .li.Board-" 67.212 119.693 46,351 53.315 -30,558 ,13 J?23_ 94,0^1 32,050 55,646 .§0^614-5J-17 4.2 ,|5b--- 59I*|Qfr' *-:<&tal gold held by banks ---- 72,202 273,227 56,905 70,655 32,252 21,527 117,705 35,716 54,006 60,701 15 7*5 5^,526 241,857

with-Federal Reserve Agents- 73,771 284,387 71,742 121,096 27,805 44,109 261,547 56,890 34,818 33,340 16,438 92,891 1,118, S|4-■w;'Sold Redemption Itod ------- - it TO 12! 783____ ?fr ?*• 6,6fiS 56, 33*? 5, 181 k 100 J.ffi . f.t e . ^ U Sg

‘;;.Tpt.%KgQld ro serve s ----- - 159,326 582, 5 0 3 1 3 1 ,430192,026 66,933 72, 365415,588 96,727 82,924 101,356 33,715 147,634 2, 082,587':. ;Lega 1 ::tohder no13s, silver,, etc.- 8.820 48,568 190 965 / .584___ 1,183 1.629--4 * ^ 2 ---- 55 ^ 5 - 2,255 2|2 .53*1#

' Total reserves — — '-- ---- l6s,i46 631,071 131,620 192,991 67,417 73,548 417,217 101,329 82,979 101,540 35, 969147, 8 962 , 151,723$ ills' discounted: ' • „ .■-Secured by Government war , ,• obligations 4*$-— ----111,748 615,433 176,779 n o ,082 78,939 72,794 158,584 53,513 27,496 35,326 32,362 49,936 1,522,992

' All,Other,-.— -- — — ------ 8,433 49,853 l6,05U 10,810 12,585 l5,65i 25,576 9,225 3,548 33,719 20,150 16,764 220,347

*" Bills bough tv in open market (b)— _g§>.lg4..._ 111^654_____ 6J3__5-4+-5I3--lj±73--5j±32— 59343--9»~217— 22,644— --23--- &X1— $6„288..... 3J--3 75Total bills on hand — ------ 145,365 776,94o 193,496 175,465 98,997 92,867 233,103 72,554 53,688 69,068 53, 18 3152 , 9 8 8 2 , 117,714

U. S. Government bonds'------- 539 1,257 l»385 1,094 1,234 376 4,477 1,153 ll6 8,868 3,966 2,633 ’ 07b

U* S* Victory notes---- *---- lU 50 - - ~ 6 - ~ ~ .' .U.S..certificates of indebtedness 21,5^6 76,644. 25,805— 13359--8,435— LlJ±I9— — 17»Q6S— 7J & 5— 12«_8l5— - -3QQ— Jz+slQ....-- 35 -72X-- Total earriing assets ------- 167,355 855,891 220,686 196,518 108,726 lo5,72s 319,192 90,775 61,553 90,750 63, 55g 162 291 2,440,813' Bank premises ---- 800 3,995 500 875 537 463 2,936 691 - 402 308- 400 11,806

Gold in transit or in custody inforeign countries--- ------ - 89,631 - ~ _ _ - - - - - - y,

f i .^ a io t io n s iiS r 'g r ^ S p o s iS t- 70,31*! 21^,339 73.583 57,993 76, 2^3 33.729 9S.ll1* 51,030 13,711* 68,362 33,617 32,33^ 838,399

1.07= 2.220 1,293 927 W 8 578 1,799 * 0 3 * 852 >*0 <*> 11,313■ All oti:or resowcas -------- Ul2 2.187 856 992_____ 622______ ?&.. ..1^.520_____ ^22--- 12!*--- !*22--- 52|*--- 863--- 2 ^ 3

‘ ‘ ^ ' J!ESPIJECES ___Uos, 125 1,798,333 tes,53S >*6o,286 253, 961* 213,“*12 sHo, 77S 2**5,155 163, 621* 262,396 13H, 327 3i * , 2l*o 5,553,178

nclu^e^ bills discounted ' . .for other F.R.banks, viz.-- - - - ~ “ ' ~ 39,970 15,000 16,463 - - - 7 , 33

r). Includes bankers* acceptances bought fran other F.R.banks:

-v; :M^:v : ith' their ondorsement-- - - - - - - - " " * “ k *^Without their endorsement— - - - 10,012 - - - - - - 32,508 *+2,520


R e l e a s e d f c r p u b l i c a t i o n S u n d a y m o r n i n g , A u g u s t 1 7 , 1 9 1 9 ; n o t e a r l i e r . s - c ^ h - l c

W E E K L Y S T A T E M E N T O F R E S O U R C E S A N D L I A B I L I T I E S O F T H E F E D E R A L R E S E R V E B A N K S A T C L O S E O F B U S I N E S S A U G U S T 1 5 , 1 9 1 9 *

( I n t h o u s a n d s o f d o l l a r s - )

L I A B I L I T I E S

B o s t o n N e w Y o r k P h i l a - C l e v e l . R i c i m . A t l a n t a C h i c a g o S t - L o u i s M i n n . K a n s . C y . D a l l a s S a n F r a n . T o t a l -

C a p i t a l p a i d - i n -------------------- 6 , 3 3 7 2 2 , 0 1 3 7 , 6 5 . 5 9 , 3 3 6 U , 2 * 3 , 2 7 2 1 1 , 9 0 1 3 , 9 ^ 3 3 , 0 2 3 3 , 8 0 9 3 , 2 9 9 s U . U o o

S u r p l u s _________________________________________________ 5 , 2 0 7 3 2 , 9 2 2 5 , 3 1 1 5 , 8 6 0 3 , 8 0 0 2 , 8 0 5 9 , 7 1 0 2 , 5 8 9 2 , 3 2 0 3 , 9 5 7 2 , 0 2 9 4 , 5 7 7 v 8 1 , 0 8 7

G o v e r n m e n t d e p o s i t s --- ------------ 5 , 5 4 2 4 , 8 4 5 3 , 5 9 6 5 , 7 4 9 4 , 2 8 9 4 , 5 3 2 6 , 5 ^ 3 6 , 2 0 5 4 , l 6 l 6 , 6 6 0 1 , 4 # 5 8 . 5 g f

D u e t o m a r k e r s - Reserve a c c o u n t - 1 0 8 , 5 2 3 7 3 4 , 6 6 6 1 0 8 , 6 0 5 1 2 9 , 2 0 3 § 6 , 1 1 0 4 6 , 3 0 9 2 5 7 , 3 9 0 6 1 , 3 6 1 5 2 , 3 3 & 8 2 . 0 6 3 4 5 , 0 5 3 f

Deferred availability i t e a s _________ 6 l > 7 2 5 1 5 9 , 6 9 2 6 2 , 2 3 9 5 9 , 9 0 7 6 8 , 3 9 1 2 5 , 8 5 4 8 0 , 4 8 4 U 3 , 2 5 7 1 3 , 4 1 9 5 2 , 3 5 9 2 4 , l 4 6 1 9 , 0 ^

6 , 1 U 6 4 8 , 2 7 1 7 , o 4 7 7 , 7 1 1 4 , 0 6 1 3 , 5 2 3 n , 8 2 8 4 ) 3 6 6 3 , 3 6 1 4 , 6 7 9 2 , 2 5 7 5 , 9 6 0 1 0 9 , 2 1 0

T o t a l ^ g r o s s ' ^ d e p o s i 1 ^ 7 9 3 6 --- 2 7 5 7 0 ” 1 3 l ^

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 1 9 1 , 0 7 7 7 ^ 8 , l 6 6 2 0 8 , 1 3 6 2 2 2 , 9 0 3 1 0 4 , 4 8 9 1 1 5 , 7 4 2 4 2 9 , l 4 o 1 0 6 , 3 8 7 7 7 , 5 S 2 ' 9 2 , 3 5 6 4 6 , 5 8 5 1 9 8 , 3 4 1 2 , 5 4 0 , 9 0 4

F . R * b a n k 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 ---------------- — 2 1 , 3 7 6 . *+0 , 4 5 3 2 4 , 5 1 5 . 1 8 , 2 2 3 7 , 6 8 7 1 0 , 6 0 5 3 1 , 5 3 6 1 6 * 3 0 5 . 6 , 5 3 0 1 5 , 3 9 5 s . 7 0 2 . S . 0 7 6 _ . 2 9 3 , 7 9 9

A l l o t h e r l i a b i l i t i e s --------- - 1 . 5 9 2 7 . . 3 0 5 1 . 4 3 4 1 . 4 o 4 9 1 3 7 b U 2 . , 2 4 6 __________ 1 ^ 2 __________5 .8 6 ______ 1 , 1 1 .8------ 8 0 0 --- 1 * 4 8 0 ---- 2 0 ^ 8 4

T O T A L l i a b i l i t i e s -------------'1+0 8 , 1 2 5 1 , 7 9 8 , 3 3 3 *+2 8 , 5 3 8 4 6 0 , 2 9 6 2 5 3 , 9 6 4 2 1 3 , 4 1 2 8 4 o , 7 7 8 2 4 5 , 1 5 5 1 6 3 , 6 2 4 2 6 2 , 3 9 6 1 3 * + , 3 2 7 3 *+*+»2 1+ 0 5 , 5 5 3 , l g s

M E M O R A N D A

Contingent liability .as endorser on - Discounted paper rediscounted with

other Federal Reserve banks — Bankers' acceptances sold to

other F. R» banks-------

1 7 , 9 7 0 - 5 0 , 0 0 0 - - - - - 3 , * + 6 3 7 i , H 3 3

FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION

F. R. notes outstanding------ 200,058 822,123 217,150 23*+,364 108,601 120,229 458,242 123,595 SO,l64 98,557 50,*+17 220 75*+ 2,73^,25*+F. R. notes held by bank----- 8,981 73,957 9,01*+ l l ,46l 4,115 4,1+87 29,102 17,208 2,582 6 ,201 '.3,832 22,413____1,93,350

F*R»notes in actual circulation 191,077 ?4S,lb6 208,136 222,903 104,489 115,742 429,l4o 106,387 77,582 92,356 46,565 198,341 2,540,904

DISTRIBUTION OF BILLS AND U- S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES*

Within 15 days l6 to 30 days 31 to 60 days 6l to 90 days Over 90 days Total

Bills discounted----------- 1,439,073 63,535 99,24i 129,709 11,781 1,743,339Bills bought in open market--- 764 87,549 15*+, 529 38,533 ~ 374,375U<sS, certificates of indebtedness 87^338 6,l46 _ 23,497 23,606 155, l4o 295, 727


• Belsased for publication S-unday morning, August 17, 1919; n°t earlier. Stolid

STATEMENT OF FEDERAL RESERVE AGENTS* ACCOUNTS AT CLOSE OF BUSINESS AUGUST 15, 1919,

(In thousands bf dollars.)

Bostcn. New York Phila- Clevel. Richm- Atlanta Chicago St.Louis Minn. Kans*Cy. Dallas San Fran. TotalPEEERAL RESERVE NOTES:Ilaobiv3d frcrn Comptroller---- 362,720 1,698,320 '432,780 383,580 236,680 243,000 669,600 222,120 137,380 171,920 104,760 309,860 4,972,780

Returned to Comptroller - - = - - 1 ^ ,6 4 2 742,657 18^.250 120.836 96,962 62.971 187>518 80,115 4p,356 61,983 5 7,513 81,906 1,831,709

Chargeable to F. R-. Agent--- 227,078 955,723 249,530 262,744 139,718 180,029 482,082 1^2,005 97,024 109,93 7 67,247 227,95*+ 3,11+1)071

In hands of F. R. Agent - - - - - 27,020 133,600 32,380 28,380 31,117 59,800 23,84o 18,5+10 l6,S6o 11,380 16,830 7,200 406,817

Issued to F«R» bank less amount returned to F-R- Agent for redemption --------------- 200,058 822, 1 2 3 2 1 7 , 15023^ ,36^ 108, 601120 , 2 2 9 ^58, 242123,595 80,164 98,557 50,417 220,754 2,73^,254

COLLATERAL SECURITY FOR OUTSTANDING NOTES:

G-old coin and certificates onhand - - - - - 183,740 - IS ,125 - 2,500 - - 13,052 - 9,831 - 227,248

Gold redemption fund -- - - 15,771 10,647 12,853 12,971 1,305 3,609 8,562 2,960 966 2,980 2,483 12,855 87 , 962

Gold Settlement fund, F-R.Board - 58,000 90,000 58,889 90,000 26,500 38,000 252,985 53,930 20, 800 30,360 _4,1S4 80,036 803,684

Eligible paper, minimvra required- 120., 287 —532, ..73.6...145.408 113,268 80, 796 . 76,120 196,695 66, 705 45,346 65,217 33,919 127,863 1,,615,360

T o t a l ---------------- 200,058 822, 123 217,150 234,364 108,601 120,229 458,242 123, 595 8o,l64 98,557 50,417 220,75*+ 2,73^,254

AMOUNT OF ELIGIBLE PAPER DELIVERED

to F. R- A G EN T---------- 145,365 776,940156,955173,9^ 81,831 87,419 233,o4o 72,338 51,765 69,06853,183 135,605 2,037,453


He leased, for publication Monday morning, August 10, 1919; not oar H e r .

STATEMENT FOR THE-PRESS • St.5^2

Federal Reserve Board August 16, 1919

CONDITION OF MEMBER BANKS.

Moderate liquidation of all classes of investments, except certificates of in

debtedness, is indicated ty the Federal Reserve Board's weekly statement showing con

dition on August S of 770 member banks in leading cities.

Payment by member banks outside of New York City for 1920 loan and tax certifi

cates * accounts for the total increase of 25•£ millions shown in the

total holdings of certificates of indebtedness. For the New York banks a net de

crease under this head of 10*5 millions is noted. United States bonds on hand show a

decline of 3-* millions, Victory notes - a decline of 8.5 millions, while war paper

holdings decreased 26.8 millions*. largely at the Now York banks. All other loans and

investments fell off l6.S millions, the New York and Chicago banks showing most of

the decrease.

Aggregate holdings of United States war securities and war paper declined from

3^70 to 3^56.6 millions and constitute, just as the week before, 23 *- per cent of the

total loans and investments, of all reporting banks. For the New York City banks a

decline in this ratio from 27*5 to 26.9 per cent is noted.

Government deposits went up 3^*3 millions, and time deposits - 21.2 millions.

Demand deposits (net) show declines of 63*6 and 5*3 millions for the New York City

and Chicago banks; the total decline for all reporting banks is considerably less,

viz: 31*9 millions, owing to the gains under this head reported by the .banks outside

the two largest bank centers. Total reserve balances with the Federal Reserve banks

show but a nominal charge, while cash in vault went up 12*2 millions. Discounts with

the Federal Reserve banks, as measured by the amounts of collateral notes and custom

ers* paper held for reporting banks, show but little change for the week.


Roleased for publication Monday morning August IS, 1919; no earlier. St-5^2a

STATEMENT SHOWING- PRINCIPAL RESOURCE M D LIABILITY ITEMS OF ivIEMBER BjmS IN LEADING CITIES,

I , CoErparative data for all reporting banks*____________ (In thousands of ■

Number of reporting banks - - - - - - - - - - - - - - - - - - - - - - -

IT*, S* bonds to secure circulation - - - - - - - - - - - - - - - - - - -

Other UY 3u bonds including Liberty bonds-- - - - - - - - - - - - -

U, S , Victory notes - -- -- -- -

U, S* Certificates of indebtedness - - - - - - - - - - - - - - - - - -

Total U« 3* -securities - - - -------------- - - - - - -

Loans secured by U* S* bonds, etc* - - - - - - - - - - - - - - - - - -

/ill other loans and investments - - - - - - - - - - - - - - - - - - - -

Reserve ba lances with Fo R* bank - - - - - - - - - - - - - - - - - - -

Cash in vault - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Net demand deposits ----------- — - - - - - - - - - - - - - - -

Time deposits - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Government deposits - - - - - - - - - - - - - - - - - - - - - - - - - -

Bills payable with Federal Reserve bank - -- -- -- -- -- -- -- -

Bills rediscounted with Federal Reserve bank - -- -- -- -- -- --

Ratio of U* S. war securities and war paper to total loans andinvestments, per cent - -- -- - - - - - - - - - - - - - - - - - -

Aug.3, 1919 Aug.1, 1919 May 9,1919 . Feb. 7,1919

110 110 773 770

270,231 265,344 263,133 263,214

6^1,315 645,166 673,617 739,103

322,671 337,246 - -

l.i6or ^02 1.134.453 2. 260.. 432 .......1.463,955

2,400,513 2,386, 7l4 3,207,237 2,466,277

1,326,236 1,353,109 1,072,493 • 1,192,353

11,041,233 11,053. H 2 10,369..S72 10, 006,011

1, 353,345 1,353,542 1,299,739 1 , 225,219

351,220 332,366 360,337 353,177

10, 744,722 10,776,645 10,436,764 9,786,907

1,332.694- 1,861,519 1,742,095 1,616,452

551,406 517,149 551,099 531,969

1,033,510 V 39£,g4j. 1,254,624 933,753

333,310 337,123 244,031 372,383

23.4 23-4 27-4 24.9


Released for publication Monday morning .August 18. 1919; not earlier. „ TrnTT,0STATEMENT SHOWING PRINCIPAL RESOURCE AND LIABILITY ITEMS OF MEMBER BANKS IN LEADING CITIES. St*542b

2. Data for all reporting banks in,'Bach district, as at close of business August_. g ,.. 1913.-_________ __Lln,, thousands_of dollagg^j. _ --m"T7TBoston New York Phi la. Clevsl. Riclm- Atlanta Chicago St.Loîs Minn- Kans-Cy- Dallas -an âi . •

Nc. reporting banks-- *----- 46 109 5& , 28 82. 4-5 100 , iU oi7 IK 7?7 V4 605 270,231U.S. bonds to secure circulation I1* ,50 7 4g g6'0 11,397 4l S58 25,744 14,715 20, 12b 17.15b di’ aô is’ Ulg 41*741 641,315Other TJ,3r incl. Liberty bonds— 1T IS? 2 ^ 5 35,537 64 457 3 ^ 0 3 27,515 54.16? 1 7 .1 * 10, bO 7 21,6,2 18,418 41, 41 b > ?

TJ* S* Victory notes-------- -11,427 134,540 lb,320 42,4 24 l4,42o l4 ,5o? 50,124 12,143 0 , ^ 6 lb , ^ 9 ° x l6o 302

U.S.certificates of indcbtedness ._.69v4q4 424,_322 .><• >9^9____ 93A5.70_ b6^231 _6l.1_1^0--20 :,b93— 35^99_._£/» 5' — "-’-jw 2g-r" -2*400 519

Total U . S . securities---- -112,525 903,7^7 118,423 .242, 309 l44,854 117,9^7 329,112 *1.681 52,167 V >0% 3 % > f£Loans secured by U-S. bonds,etc. 70,70? 7*7,3*7 lbS,71^ 108*,971 ^2,392 29,% 2 100,121 ^ ,3 6 6 1-00*007 i JôUl 642* 885 11*041 283All other loans and investments- gig 103 4,305,692 644,498 1,034 653 402,523 319,737 1,521,055 ^ 2 , / ) Iio’ i pI 59*810 1?3 5 ^ ^ 5Reserve balances with F.R. bank- 7* 9 32 681 8S9 6 6 > 7 S7,652 36,00* 30,901 1 7 7 ,^ 9 42,118 25,398 49,121 21, M 59,810Cash in vault------------ -2 3 6 9 0 . l2o!l4i 17,068 31,621 16,59^ 12,864 63,207 9 ,656 8,930 i4, Sl4 10,299 2 g ,3 * W g

Net demand deposits--- ----- 751,613 4 ,294 881 660,913 815,526 3^°»133 255,^29 1,326,233 320.753 'r*^kr J ’ L ? ^ n ^ ^ l 20S*S74 1* 582* 694Time deposits------------ m ^ ? 334:738 25,981 292,386 90,372 113,966 443,305 99,780 . ,56,756 77,558 30,*3J 2 0 , ,S/4 l,|»2,bjg

Government deposits-------- -4 l(gb9 24l, (54 33,139 47,949 14,Bills payable with F. R- bank -- 22, 717 467,494 146,302 S0,46l 87,Bills rediscounted with F.R»bank 69,859 156,894 23,185 18,34o l4,

3~ ~ ~ Uompixati br an cJTTTtxes S IT oEEo^rgor t ing

a * , s — * « . i Aua. 1 .* * . & iu6-1V ' ;‘ug'i7i * * ' $ r ~ m ’ h 9 ■Number cf reporting bani:s ------ II II 105,070 104,57^ / 68,8}J 52,536 102,32'-! 102,332U- S* bonds to secure circulation --- 0 , 1^3 39>°^3 >!> v ^ ^ e - ^ 7 iho 089 144 479Other U«S* bonds including Liberty bonds 265,392 270,676 21,501 20, 81 195*570 76*157 77*533 61*903 64^143 U* s. Victory notes 115,890 118,573 23,952 24,729 190, 195>>70 7o, 157 U M ° ^

U, s. certificates of indebtedness — - 394.738 U05. 212 l l ^ m ^ O g ^ _________ 7^1,123 728,935 ; 2 ^ ,3 9 8 ..

Total U. S. securities--- ----- 816,183 834,124 160,761 155,1^5 1,419,669 1,415,099 I i?:''-7QLoans secured ty U .S. bonds, e t c .-- - 672,703 697,421 72,822 73,753 1,066,324 1,093,424 135,740 ^ , ^ b 3 .1 ^ 3 , Q7,:*&S

All other loans and investments---- 3,890,975 3,900,276 916,422 920,187 7,325,898 7,356,909 & 771, *99 1» 7 7 ihiÛlReserve balances with F. E. bank---- 647 33^ 662 794' 120 433 120,850 1,018,166 1,026,995 170,311 ^5 ,50 6 l64,8o8 lb ,04l

cash in vault-------------- - 107 ss4 lo3>76 37,201 35,454 205,926 198,153 59,905 59,533 - ,Net demand deposits------------ 4 ,500, 2o0 4 ,563,947 880,209 885,534 7,618,515 7, 664,905 h, 4p7,9oO 1.^ 52,495 1,668,2 7 1*^59J2 7Time deposits ------------------ ’^ l O b ’ 25^643 l6?:851 166,845 821,S45 810,521 * 545,l4l !M 0 0 0 515,708 508,99«

Government deposits------------- 231 717 2^8, 777 ^9,173 27,182 4ll, 872 35,2>%3 J7,031 , / ih^’ oor i k ' ’kx^Bills payable with F.R, bank------- 4lb’,977 415,507 50,7bl 5.5,^00 74g/4S4 7o4, 7b5 -a’ lol ur* 7-? Ui ’Bills rediscounted with F»R. bank--- 114.3^143 l4l,l66 6,494 4,505 262,129 2b0, b09 29,95 3 , ,7^3 1Eatio of U.S* war securities and w:xr paper ^ N o_, Q ic U l -U.

Do total loans and investments, per cent 2o -9 27- 5 20*1 ' 19-8 ^ *3 .4 -x ~


C O N F I D E N T I A L RATIO OF TOTAL RESERVES TO COMBINED FEDERAL RESERVE NOTE AND NET DEPOSIT LIABILITIES; St. 5^9Not for publication RATIO OF GOLD RESERVES TO F. R. NOTES IN ACTUAL CIRCULATION,

AND OF GOLD AND LAWFUL MONEY RESERVES TO NET DEPOSIT LIABILITIES,OF ALL FEDERAL RESERVE BANKS.

August 15, 1919*

Ratio of total reserves to net deposit and F.R. note

liabilities combined Aug. 8-- Aug. 15

Ratio of gold reserves to F.R. notes in actual circulation after setting aside 35$ against net deposit liabilities

Aug. 8---Aug. 15

Ratio of gold and lawful money reserves

to net deposits Aug. 8-Aug .15

Ratio <*>f gold reserves to F.R.notes in actual circulation

Aug. 8-— Aug. 15

Boston 1*8.8 55-6 56 >7 67.6 62.8 72.6 1+0.8 1+5.6

New York 1+1+.7 U5.3 55-1 5I+.2 1+7.5 50.0 1+1.6 1+1.3

Philadelphia 1+0.2 Ul.6 1+3.0 1+5.1 39*5 1+3.6 UO.6 1+0.6

Cleveland 5I+.5 5I+.0 65.9 65.1+ 55-1 53.2 5l+.1 5^*5

Richmond 1+1.6 1+1.8 I+1+.9 1+5*6 61.6 58.9 31*5 32.6

Atlanta ^3*3 1+5.3 1+6.7 1+9.5 1+3.8 1+9.0 1+3.1 ^3*9

Chicago 63.0 60.7 79-0 76.2 59-3 1+6.2 65.1 69 &

St* Louis 5 -0 59,1+ 61+.6 7I+.1 53'1 61.2 5^-6 58.3

Minneapolis 58.7 62.8 7^*5 82.3 71*8 80.8 50.0 50.2

Kansas City 51.7 59*8 61+.9 80.6 60.7 78.7 1+1+.5 1+1+.0

Dallas 1+1.2 1+1.9 1+6.7 1+7.7 1+2.0 1+3.2 1+0.5 U0.8

San Francisco 50.2..... 50.5 ____ ........ . SJjS-. ..... 5J.S.......... 56.1 .. J±L£ 1+8.0

TOTAL 1+9 .1+ 50.9 59-8 61.1+ 52.1 53*9 1+7.5 1+8.8

FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS

ausust 19, 1919


C O N F I D E N T I A L

Wot for publication RATIO OF’FLOAT" OF EACH FEDERAL RESERVE BANK TO IMMEDIATELY AVAILABLE DEPOSITS. s t .55k

(In thousands of dollars.) August 15, 1919*

Fe deral Reserve

Bank

Uncollecteditems

1

Deferred 1availability1

items 1 1

"FLOAT11 1 1 Ratio to 1 ’ immediately1

.Amount 1 available ' * deposits 1

"Float" after adding net aejbit 1 or deducting net credit in 1

Saturday's settlement 1

"Float" after deducting National and F* R. bank notes, also net investment in transfers from second calculation

1

.Amount 1Ratio to immediately ' available deposits 1

1Amount ‘

Ratio £0 immediately available deposits

Per cent Per cent Per cent

Boston 70,3^1 61, 725 8,616 7-2 13,044 10.8 12,731 10.6

New York 211,S39 159,692 52,147 6.6 52, 797 6.7 52,797 6-7

Philadelphia 73,583 62,239 11,344 - 9-5 T 12,925 12,925 10.8

Cleveland 67,993 59,907 s,os6 5-7 7,660 5.4 7,240 5*1

Richmond 76,243 68,391 7,852 12.2 6,779 10.5 6,727 10.4

Atlanta 33 , 729 25,354 7,S75 14.5 4,020 7.4 3,S09 7*0

Chicago 9 S ,li4 so,4s4 17,630 6.4 21,124 7.7 18,000 6.5

St. Louis 51,030 *+3,257 7,773 10.8 i o j '+o l4P4 9,231 12.8

Minneapolis IS,714 13,419 5,295 8.S M 6 5 7.3 4,o46 6 .8

Kansas City 68,362 52,359 16,003 17.1 12,29S 13.2 M 8 3 5.1

Dallas 33,617 24,146 9,471 19.4 8,632 17*7 6,002 12.3

San Francisco 32. 334 19.066 13.26S 12.3 11.376 10.6 ... . 7,000 . 6.5

TOTAL 835,899 670,539 165,360 8-5 165,360 8*5 145,291 7*5

FEDERAL RESERVE BOARD DIVISION- OF PJSPORTS AND STATISTICS

AUGuST 19, J- 19Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

'C 0 ri F I D E N-.pJ[. A L COMPOSITION OF UNCOLLECTED ITEMS AND DEFERRED AVAILABILITY ITEIvIS. St.554a

Not for publication(In thousands of dollars.) August 15, 1919*

UNCOLLECTED ITEMS 1 1 DEIERRED AVAILABILITY ITEMS

Bank

11

1 Clearing ' house * Exchanges

1Checkd' ' and 1 10 ther ' ' cash ' 'items '

National Bank* no tes end '

bank notes of1 other '

F« R. banks '

.

Transfersbought

11

All other 1

'uncollected' items '

I1I

Total 11

I1

' Gold 'Settlement ' Suspense

1 Transfers

r sold

Governmenttransititems

11

Other1' transit' items '

T 0 tal

Boston 6,3^1 39 313 - 63,64g 70,341 25,035 • - 36,690 61,725

New York 21,657 10,475 - - 179,707 211,839 73,583 - - 86,109 159,692

Philadelphia 6,527 2,071 - - 64,985 73,533 22,722 64o 38,877 62,239

Cleveland ^,995 25 2 SO l4o 62,553 67,993 19,043 - 1,785 39,079 59,907

Richmond 3,371 295 * 52 - 72,525 76,243 34,850 - 3,100 30,44i 68,391

Atlanta 2,927 303 211 - 30,288 33,729 4,135 - 1,94s 19,771 25,85*+

Chicago s, 292 - 724 2,955 86, 143 98, ll4 31,397 555 1,287 47,245 80,484

St- Louis 3,873 331 449 760 45,617 51,030 15,59*+ 100 1,904 25,659 43,257

Minneapolis 1,991 1 19 300 16,403 1SJ14 5,530 - ■ 1,036 6,853 13,419

Kansas City 1,551 1,992 247 7, 26S 57,304 68,362 11,168 - - 41,191 52,359

Dallas 523 757 367 2,33S 29,572 33,617 7,981 75 3,276 12,814 24 ,i 46

San Francisco 2.549 172 ISO 4,197 25,236 32,33^ ^,993 1 17s 13,894 19,066

TOTAL 64,657 16,461 2, S42 17,953 733,981 835,299 256,031 731 15,15^ 398,623 670,539

FELERAL RESERVE BOARDDIVISION OF REPORTS AND STATISTICS

august 19 , 3919


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