Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-03-21
RESERVE BANKS SHOW
CONDITION IN REPORT
Resources and Liabilities as Report
ed to the Federal Reserve
Board.

Resources and liabilities of the fed
eral reserve bank at Richmond at the
close of business March 10. as given
in the weekly statement issued by the
federal reserve board, are as follows:
Resources-Gold coin and certificates,
s,766.000: legal-tender notes. silver
certificates and subsidiary coins, $685.
900: bills discounted and loans, $6,551,-
900; investments, $4,000; all other re-
sources. $4,000.
Liabilities-Reserve deposits, $780,
900: due to other federal reserve
banks, s1.524.000: federal reserve notes
in circulation, s3,796,000; capital paid
in, $2.201 900.
The federal reserve board made pub
lie yesterday its weekly statement Of the
condition of each Of the federal reserve
banks. as well as the consolidated
statement for the system as whole
as at close of business March 10. The
cash resources of the banks show a de-
crease of about two million dollars,
the loss affecting the gold holdings
only.
The New York bank reports gains
and of II in its total cash reserves,
while the other three eastern banks
show decreases both in their gold and
cash holdings. The Atlanta bank re-
ports gain OF over 100000 in its
cash reserves and still larger gain in
Its gold reserves. having released $780,
600 of gold pledged with the agent for
notes previously issued.
Increase in Loans.
Loans and discounts Increased about
81 millions during the week, the in
crease being shared almost alike by
domestic commercial paper and &C
ceptances. The latter constitute now
26.5 per cent Of the total loans and
discounts. as against 242 per cent at
the end Of the preceding week About
10 per cent OF all the commercial
paper held by the banks natures with
in sixty days and 25S per cent within
ninety days. Investments increased
during the week about IL million dol
lars, the new purchases being largely
municipal warrants. The total amount
of United States bonds in the hands
of the banks is s6.639.000. practically
all held by five western banks.
Deposits show a gain of about one
half a million dollars. the larger gains
shown for the Boston, Philadelphia and
st. Louis banks Federal reserve
agents report a total of $37,ss1,0O0 of
banks. Considerable issues were made
to the Boston. Cleveland and Richmond
banks during the past week. The
banks report as their total outstanding
circulation $31.7s3,oOo. a gain Of over
two and three-quarter million dollars
for the week. The net liability of the
banks on account of their outstanding
circulation is stated as $s.4s7,000.
Resources and Liabilities.
The statement of combined resources
and liabilities of the federal reserve
banks at close Of business March 10 is
as follows:
RESOURCES.
Gold coin and certificates .$245, 01s, 600
Legal tender notes, silver certificates
and subsidiary coin ......-........ q $780, 900
Total OBSERVATION-DISCLOSURES. .s2es, 6ss 600
Bills discounted and loans:
Niaturities within 80 days. $9.545, 900
Maturities within 80 days......... IL 1886, 600
Other 100000
Total Observation-Disclosures. s2s, 1894, 900
Due from federal reserve banks:
Items In transit. Observation-Disclosures. 1851 900
All other resources ................. $4,000
Total resources .$s33, ISL 900
LIABILITIES.
Capital paid INSTRUMENTATION. $se,1ls.ooo
Reserve deposits 2SS, $4,000
Federal reserve notes in circulation
met Liability (D.....-........-..> s,zs7,o
Total liabilities ................s $685., 1s1 900
Gold reserve against net liabilities (B) 1880
Cash reserve against net liabihtiestB) $3.50
Cash reserve against liabilities after
setting aside 1910 gold reserve
against net amount Of federal re-
serve notes in circulation OBJ 9S.4go
ton M. ....................... ss.s4s, 900
Deduct: Gold and lawful money in
hands of federal reserve agents
notes ..................... 2s,s5e, 900
Ne outstanding notes .........-....,. $s4s7.ooo
(Fl After deduction of items in tran
VIZ. en $500 1851 600
Nlr ornaH RAADHETc