The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-07-25
GOLD RESERVE IN
BANKS INCREASES
Total Reserve in the Federal
System Shows a Gain of
$1,000, 600.
IN CASH

WASHINGTON. July 24.-The total re-
serve In the Federal reserve banks for
the week just ended shows a gain Of
s1.S0O.000 and the gold reserve was In
creased $4,000. 900. according to the
weekly statement OF the Federal Re-
serve Board.
The gold stock IL larger In other
ways. Gold held in the vaults OF the
banks increased more than $500, 600
during the week and the gold settlement;
fund Increased sl.77O.OO0. Other ash
reserves decreased about $4,000
The week end statement on the re-
serve banks condition was the most
satisfactory in several weeks. The
statement says:
AN Increase of about si00.0 900 Is
shown In the amour of discount notes
held by the banks. Richmond reporting
the largest gain under this head. The
amount Of acceptances held by the
banks increased $1,000. 900. New York,
Boston and Philadelphia accounting for
about 90 per cent. OF the total gain.
"Of the combined total OF CONNER
cial paper and acceptances the latter
constitute at present 26.2 per cent, as
against gas per cent. at the end or the
previous week. About 1903 per cent. OF
all the paper natures within thirty
days, as against 1928 per cent. reported
the week before and about 62.S per
cent. within sixty days. as against S4A
per cent. shown at the end OF the pre-
vious week.
THE holdings OF agricultural and live
stock paper maturing after ninety days
increased over $500, 600. the Dallas bank
with about one-third OF the entire hold
ings of this class OF paper reporting the
largest loss for the week.
NO change is reported in the amount
OF United States bonds held. The total
holdings of municipal warrants Increased
about $780, 900. all the banks except
Cleveland reporting larger figures than
for the previous week.
An increase of $4,000 is shown In
the combined amount OF paid in capital
OF which SEA. 900 Is claimed by the Bos'
ton bank. The changes in the amounts
o.: capital shown for some OF the othei
banks ape due 20 the shifting of ac-
counts resulting from transfer OF mem
Der banks from one district TO another
Net deposits show an increase OF
3 800. 900. the larger gain for the New
York bank being Offset In part by con-
siderable net Withdrawals from the Bos-
ton and 81. Louis banks.
Federal reserve agents report Sl3+,-
AS 900 of notes received from the Comp
troller of the Currency and S94.l31. 600
issued to the banks. Against the latter
amount agents hold Al present s7s.0o6.-
600 OF gold and s16.32l. 900 Of CONNER
cial paper"
Conditions ~ hanks.
The condition Of the reserve banks at
New York, Boston and Philadelphia was
as follows:
RESOURCES.
Boston. New York. phia.
c~1iica,es .... ss.s4.co $751; oi 900 sis. a ,ooo
fund .''..'.''.. 7,7c7.cco Io.i5i.oco i.sr,co
fund unit. 5000 5000 $1,000
Total gold rel. ss, s57, 900 si.s, co7, 900 ~, s4s. 900
Legal tender
DC .'......,.,.. 10000 100000 s.o.7. mn
Total reserve. tls. $4,000 sss, sos. 900 81, s7s, ooo
Bills discounted
and bought:
per ..,.''..'.. 5000 $4,000 7?7.co
ances ......'','. a.os7, 900 t.ioa.ooo i..s7.coo
Total. ........ 8. 4ss. 900 s.. 5000 81. let, 900
Investments, L.
$ bonds ...,.. ...,.. 10000
Municipal war.
rants ....,...., 2,<n4,OO 5tlso,Vo l,o5l,Uo
Due from other
=. X. Rs. )netD ..,... 900. 4E,"o
Fed. Res. notes
tnet1 .......... R3,Nc fhN." mNN
Other resources. $4,000 $4,000 $4,000
TT resources. So. $50. coo SIS. iol, 900 500, 3?2, 900
LIABILITIES.
CAPITAL paid in. -. so2, 900 SO, $1,000 S,s7s,ooo
Reserve deposits
1nrtl ........, I~,os3,OoO f,%o',op l''''h'oVp
Due to other +.
Il. Bks. met $4,000 l.s6o.oNo ..",.
All other liabili-
ties .........s ...s.. l..IusVD ..ss..
TT liabilities. s?2. ia0. Oao si65. i0I. oo1 s23, 80, 900
"'rhe banks report ss3,i2O. 900 of notes
in circulation and a net liability thereon
OF Sl4,62l,000