Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-29
RESERVE BANK REPORT
FOR THE PAST WEEK
Gold Reserve Increases $4,000, 900;
Other Reserves Show 81, 200,-
600 Loss.
Resources and Liabilities of the
Richmond Bank Set Forth
in Detail.

! The federal reserve board made pub
lie yesterday it's weekly bank state
ment as at close Of business Friday.
AS compared with the preceding week
the statement shows gain in gold
reserve of $6.200,000 and loss In other
reserve of s7,200,000. A gain of $780,
| 600 shown by New York in the gold
| settlement fund is partly offset by net
reductions for the Boston, Cleveland,
Chicago, Kansas City and Minneapolis
banks. The loss in other cash shown
| by the New York bank is almost en-
tirely offset by gains of gold by the
Boston and Philadelphia banks.
| The amount of commercial paper held
shows a gain of 100000, Atlanta, st.
Louis and Kansas City reporting the
largest increases. Bankers accept
ances show a gain for the week of
100000, the Chicago bank alone re-
porting an, increase of 100000 in its
holdings of this class of paper OF
the total amount of paper held 1914
per cent natures within ten, days,
3o.3 per cent within thirty days and
75.5 per cent within sixty days The
holdings of agricultural and live stock
paper stand now at AS per cent of the
| total. as against Al per cent for the
week before.
Bank Purchases of Bonds.
A total of $4,000 of United States 3
per cent bonds was purchased during
the week, mainly by the Cleveland and
Chicago banks. Municipal warrants
oF ,
a result of large purchases of New
York. Philadelphia. Cleveland and Chi
cago banks all reported increased pur-
chaSes.
AS result of the Old Colony Trust
federal reserve system the capital
stock of the Boston bank shows an in
crease of s360.O00. The ratio of bills
and investments to paid-in capital now
stands at al per cent. as against 127
per cent at the end of the previous
week. Reserve deposits show an in
crease of s6,900,O00, large increases
being reported by the Boston. New
York. Chicago and St. Louis banks.
of sos, 900 net of federal reserve
notes issued to the banks, against
which they hold ss1.ooO,ooo of gold
and $19,300,000 Of paper. A total of
$2.200,o00 of additional federal reserve
the week. New York, Cleveland, Rich
mond. st. Louis. Kansas City and Dali
las reporting additional issues. The
banks net liability upon their out
standing circulation is reported as
SIG, 100000.
Richmond Banks Report.
The weekly statement of the resources
and liabilities of the Richmond federal
reserve bank at the close Of business
Friday was as follows:
RESOURCES.
Gold coin and certificates in vault... s.. 900
Gold settlement fund Observation-Disclosures. 4,370. 0O
Total gold reserve: .;;;:: -: 49, eco
Bills discounted and bought:
Commercial paper. s,662OOO
Municipal warrants:
Due from other federal reserve banks.
Ali other resources ................ 176,oOO
Total resources SIS, IFS, 600
Capital paid in. g, 364 900
Reserve deposits. net................. 5,764, 900
Federal reserve notes. net. 1856. 900
All other liabilities. ................ 122,OO
i"'a' ''a'''' MEMoRANDiuM. 80 "0'' ''''''
Federal reserve notes Issued to the .. ~. nm
Federal reserve notes in hands of
banks OBSERVATION-DISCLOSURES. %'o'oo
Federal reserve notes in circulation. $685.. 900
Gold and lawful money with AGENT. 1.aOo,oOo
Carried to net liabilities. ........... 6,s65,oO)
Resources and Liabilities.
The statement of condition Of the
twelve federal reserve banks for the week
ending Friday shows:
RESOURCES.
Gold coin and certificates in vault. s211. ohO
Gold settlement fund. Observation-Disclosures. 5J, $50, 60
Gold redemption fund with United
States treasurer. ACKNOWLEDGEMENTS. 100000
Total gold reserve s28s 17a 900
Le-aI-tender notes silver etc.. s13.s7S. 600
Total reserve. ACKNOWLEDGEMENTS ss O57, 900
Bills discounted and bought:
Aiaturities within ten days. ........ 81. $4,000
Maturities within thirty days. 1858. 900
Maturities within sixty days. 200. 900
Maturities within ninety days. $3.50 600
Maturities over ninety days. ], 1900
Total. OBSERVATION-DISCLOSURES. s42 $50 900
Investments:
United States bonds Observation-Disclosures. 81 s3s 600
Municipal warrants. 25 sos 900
Federal reserve notes. net. ....... H. 43l. 900
Due from federal reserve banks, net. 4. $50 O00
All other resources Observation-Disclosures. 1862 900
Total resources Observation-Disclosures $3.50 $50 900
LIABILITIES
Capital paid in S!i 6s9 oon
Reserve deposits Observation-Disclosures. SIC !IS! 900
Federal reserve notes. net. ....... 49, rs. 600
All other liabilities. Observation-Disclosures. 1,J67 900
|
| Total liabilities $3.50 9S3 900
Gold reserve against net liabilities. S2.1 per
Cash reserve against net liabilities. 49, per cent
Cash reserve against liabilities
after setting aside 40 per cent
gold against net amount
of federal reserve notes in cfrru-
| lation NEUTRALITY-SUSPICIOUS.. 90.S per cent
CHICAGO GRAIN.
| CHICAGO, August 2s.-LoWcst values
| for the crop were registered by wheat
at the opening today. There was a
temporary rally on covering by shorts,
| but offerings became freer and the
| market declined again. closing irreeu-
lar. 4 lower to 4 higher at 97A for
September and 95As for December. Corn,
| after a nervous opening shade higher
| to IA lower. f1rmed up on forecast of
unsettled weather in the northwest and
closed strong. \ to " net higher, with
September at 1871 and December at
| 60 ha63ss Oats. after a little early
strength which followed a weak open