The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-30
CASH RESERVES IN
BANKS DECREASE
Aggregate Gold Holdings in
Federal System Increased
by $500, 900.
NEW YORK IN THE LEAD

WARRINGTON. May 2e.-The aggregate
gold reserves In Federal reserve banks
was sweIled about 100000 in the week
Just closed. but there was a decrease OF
nearly s4.6oo.oo IN tho total . re-
server for tho same period.
New York. Minneapolis and San
Francisco show the largest gains in
their gold holdings. while Dallas. Boston.
Kansas City and 81. Louis report the
largest net Withdrawals OF gold for the
week. OF the total gold reserves
$23. 426. 900 In held in tho gold settle
ment fund, all the banks reporting
credits therein In excess OF the required
A loss OF about 100000 Ii shown for
the total OF loans n discounts. includ-
ing acceptances held by the banks. The
amount of discounts proper shows a
net gain for the week of about 100000.
the three Southern banks each reporting
substantial increases in the amounts OF
r~cdiscounted paper held.
The aggregate amount of acceptances
held by the banks IL $4,000. 900. the
holdings OF this class Of paper show
Ing a decrease of S1,10O,0O0 for the
week n constituting about 81 per cent.
OF tho entire amount of commercial
paper hold by the banks. as compared
with about 80 per cent. reported at the
end OF the previous week.
New York reports s3.172.O00 OF ac-
ceptances, Boston sl.sOS. 900 n san
Francisco sl.102.ooo. while the other
banks show each loss than 81. 900. 900.
About 81 per cent. OF the total amount
Of commercial paper held was thirty
day paper and 36.6 per cent. sixty
dar paper.
The amount or Agricultural and live
stock papcr maturing after ninety days.
held mainly 10y the three Southern banks
shows a further increase to SO, 400, 600.
constituting low about Ia per cent. OF
the ~tire amount Of all the paper held
by the banks.
Additional investments Of s125.00O in
United States bonds are reported from
Cleveland and Chicago. bringing M the
Total OF United States bonds held by
the banks to SS."47. uo0. PAPER invest
mcnts in municipal and kindred shor,
term securities show = total Of slightly
more than SIS. 600 600. an increase OF
about $500. 600. all banks with the OK
ception of the Southern banks reporting
fresh purchases for the week.
Net Deposits Decrease.
Net deposits decreased about 81. 900
600. New York. -. Louis and Chicago
reporting the larges; net Withdrawals.
Tho item other liabilities" Is COM
posed chiefly Of amounts held to the
credit OF other Federal reserve bank on
account of Investments.
Federal reserve agents report a total
Of sG1,15S,ooO of Federal reserve notes
outstanding. composed ~ the following
amounts issued to The several banks:
Boston. $3.50. 600. Nv York, SAL
$4,000 Philadelphia. Si.sio.Uuu; CloYe-
land, S2.eo0,oo"; Richmond, $7.2o0. 900;
Atlanta, Si.95o.ocC, Chicago. s4.3SO.-
0oo; II. Louis, se@G.o 600 Minu,apolis.
S2.e60,oo0; Kansas Cijy. $4,000. 900;
Dallas. s4,ooo,oo0, ana san Francisco.
$4,000 300.
The total outstanding * secured 10
The extent o' almost g rcr cent. by the
Geposit of gold with the agents.
Weekly statement Of ros, urc,- and
liabilities Of each o. the Federal re-
serve banks ~ Boston, Sew York aud
philadelphia at clos" OF business
May IS:
~RE>OrR,Es
Boston New Work dclphis
cert tcN,c, S't.i!.,"o so- ptnO ,lsss:.ro
L"sal tender
certificates AMI
subsidiary com ii'a"N e,::7n" a,i:o~
Totals :,a,c-' 'c s.,a>7 ,oo sa,,e4,o,o
.d ,9. laaa. ~, sos no s ,'.s., ~, :s q 30
F-lrral Reserve
nn"nks, mel. '7S mn ....... ..,.....
sources .....'" e""" an-~" .,,. M
Total resource ,-s's? 90, ''.'..>G." nv So, y 90
LIABILITIES
Reserve dennst's -\O.NNn g. 20 80 M go SEQ na