Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-07-25
RESERVE BANKS
CONDITION JULY q

The weekly statement Of the condi-
ton Of each Of the federal reserve
banks and the consolidated statement
| for the system as a whole as at close
| Of business July 20, 1915, made public
yesterday by the federal reserve board. in
| dicates a gain In total reserve Of
$1.so0.000. and a gain in gold reserve of
| $2.400,000. Gold in vault shows q gain
| Of over 100000, the gold settlement
fund an increase of $1.770.o0o. while
| 100000
An increase of about $4o0,0 Is shown
| in the amount of discounted notes held
by the banks. Richmond reporting the
largest gain under this head. The
| amount of acceptances held by the
banks decreased 100000. New York.
Boston and Philadelphia accounting for
about 80 per cent Of the total gain.
OF the combined total Of commercial
paper and acceptances the latter consti-
tute at present 26.2 per cent as against
23.S per cent at the end of the previous
week. About S0.3 per cent Of all the
paper held natures within thirty days.
as against 1928 per cent reported the
within sixty days. as against 64.4 per
cent shown at the end of the previous
| week. The holdings of agricultural and
livestock paper maturing after ninety
days decreased over 100000. the Dallas
bank, with about one-third of the en-
tire holdings of this class Of paper. re-
porting the largest loss for the week.
No change Is reported in the amount
of United States bonds held. The total
holdings Of municipal warrants in
Nrn oA1 oh <kA h~~ I~a
cept 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 $4,000 Is claimed by the Boston
bank. The changes in the amounts OF
capital shown for some of the other
banks are due to the shifting Of ac-
counts resulting from the transfer OF
member banks from one district to
another.
Net deposits show an increase Of
$500, 900. the larger gain for the New
York bank being Offset in part by
considerable net Withdrawals from the
Boston and st. Louis banks. Federal
notes received from the controller of
the currency and $94,131, 900 issued to
the banks. Against the latter amount
the agents hold at present $7s.0o6.0O0
Of gold and sls,321,ooo Of commercia!
paper. The banks report $S3,420.000 OF
notes in circulation and a net liability
thereon Of $14,521.000.
Richmond Statement.
The weekly statement of resources
and liabilities of the federal reserve
bank at Richmond at close of business
July 20 was as follows:
RESOURCES
Gold coin and certificates in vault. - 49, 900
COD settlement Iuno .-.............. o'1d6,VVU0
Gold redemption fund. 300, 600
Legaltender notes, silver, etc. 10000
Rne otS.1 see.. ..:.t.. banks.
Total resources. I'll, 49,, 600
LIABILITIES.
Capital paid In. .................... % .36 go
Federal reserve notes. ............... 5.757.00o
All other liabilities. .................. $4,000
Total liabilities. .a17 ls7. 900
The statement of combined resources
and liabilities of the federal reserve
banks at the close Of business July %
was as follows:
RESOURCES
Gold coin and certificates in vault. $214 OF go
Gold settlement fund. ...;:..:...:. 4s.S0,0o0
Gold redemption fund with q. s.
treasurer ......................' l,Ulo,UU
Total gold reserve. sos STA, 900
LeSaI-tender notes, silver, etc...... Is 8l3 900
Total reserve. ...................$ $3.50. 4s6, 900
Bills discounted AMI bought:
Maturities within 30 days.......... 81 ,o50, 900
Maturities within 60 days.......... 12,Sl5,O 900
Maturities within 80 days.......... IL, 1856 900
Maturities over 80 days............ $3.50, 900
Total Observation-Disclosures. $3s, 423. 900
Investments: U. s. bonds. 81. 923. 900
Municipal warrants. .............. 15,110.000
Due from federal reserve banks, net. 5,229 600
Federal reserve notes, net. .......... o,227,OOO
All other resources. ................. 4.766,OO0
Total resources ................. 1911 les, 600
LIABILITIES
Capital paid ACKNOWLEDGEMENTS. $54.17o. 900
Reserve deposits, net 301 ,063 900
Federal reserve notes, net. 14,b21 600
All other liabilities. 1,4O0, 900
Total liabilities. ............... $s71 la. 600
Gold reserve against net nabili-
Cash reserve against net iiabiii.
ties W. ....................... $3.50
Cash reserve against liabilities after
setting aside 4O1s gold reserve
against net amount Of federal re-
serve notes In circulation (A)...... o6.6fs
(A) After deduction of items In transit between
federal reserve banks, viz, $3.50 900.