The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-31
100000 INCREASE
IN TOTAL RESERVES
Total Gold Resources Of the
Federal System Stand at
SI33.2 200. 900.
LARGER NOTE ISSUES

WAslttNGToS. Oct. 3O.-There has
been an increasa OF about 81, 900. 900 in
total reserves OF TIE Federal reserve
banks despite n s%hrinklge OF $1,000
In gold reserves. according to the weekly
statement Of conditions made public by
tho Federal Reserve Board tonight.
Here is the statement:
This amount is only n small portion
Of the s9.4OO.0O0 of gold transferred to
the Federal reserve agents for the re-
duction Of the banks liabilities on out
standing Federal reserve notes. The to-
tai gold resources OF the system. COM
prislng amounts under control OF both
the banks n the Federal reserve
agents, stand now at si33, 200, 900. COM
pared with s325.3O0.O 300 reported the
week before and s3tI.4OO, 900 about
three months previous.
'"rhe gold settlement fund with the
Federal Reserve Bard Is given as s62.-
600, 1000, rs against s5i.700 900 at the
end of last week and s52.100.O0 three
months ago. The total Is exclusive OF
S2t,sOO, 900 held by the board TO the
credit of Federal reserve agents. which
amount Is included among the agents
gold holdings
HOldings Of Paper.
"Bills discounted and bought in the
hands of the banks show an increase OF
over s7,ooo,Ooo {. The largest relative in
crease for the week Is reported for sixty
day bills, which constituted 36.2 per cent.
Of the total. as against 1926 per cent. the
week before. The relative amounts of
ten day. thirty day and ninety day paper
los per cent. "a per cent. and l9.2
per cent. respectlvely-were Ill lower
than the week before.
Agricultural and live stock paper
maturing after ninety days figures 10
the extent OF s2.10O. 900 among the bill
holdings of the banks, Chicago and At
lanta reporting over ouc-half of the en-
tire amount Bankers ~acceptances in
creased $4,000. 000. and constitute abou
500 per cent. of total bills held. as
against sos per ceni, last week and
2S.5 per cent. at the end of July.
AN additional purchase of $4,000
Of United States bonds is reported by
the Kansas City Federal Reserve Bank,
The amount of municipal warrants held
by the banks shows "A decline Of aboU
$685., 900. both New York and Chicago
reporting smaller holdings than for the
preceding week. The ratio of earning
assets to capital. AS per cent. shows
a slight improvement since last week
Member banks deposits increased over
$4,000, coo net during the week, New
York's larger increase being set of In
part by net withdrawals shown for the
Chicago. ~. Louis and Atlanta banks.
n&p iHrrNusa during the Vpgk nf
-. l00.0 600 In the mount Of Fedora
reserve notes outstanding is reported
by the Federal reserve agents. Addi'
tionai issues were made at all reServ,
centres except Chicago and Dallas.
"Of the total net amount of notes Is.
sued TO all the banks the proportion L.
sued by the New York agent ia about
~ per cent. The combined amounts is
sued TO the three Southern banks are
s43.lO0, 600. or about &c per cent. of the
total issues. Against al aggregate OF
$16S,i 400, 900 of notes outstanding III,
agents hold sl5l.S0O. 900 OF gold ant
SIS. 800. 600 of commercial paper, The
banks rcport a note circulation OF SAC
600, 900 and IA net liability thereon o.
Sl3i,t0 900"
Detailed statement.
Here Is the detailed statement To-
New York. Boston and Philadelphia
RESOURCES
| Boston. y. Y. Ph,la
last three ciphers omitted,
Gold coin and cerui.
Gates IN vaults. ........N 3.lS slss.'sl W.
-, Gold settlement fund. J..b 'is. 3,ln
!. Gold cdemptiuu fund. - j
Total gold reserve. .... .sis.O0s $l3io2s $l.S
LEGAL tender notes, sill
yer, &c..,,...,,....... $50 1,3t 3"o
- - -
Total reserve. -..,.,.., .N?,bs> $6is1- *t,l3
Bills discounted and
houyhf.