Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-10-08
EW RECORD IS MADE FOR
LOCAL BANK CLEAR|NGs
ist Six Days Break All Previous
High Figures in Rich
mOnd'S History.
'EEK's AGGREGATE S2o,05l,e55
ptal for Same Week Last Year Was
S10,Oi7,Ji2-Seay Issues State
ment OF Condition of Federal Re
serve Bank OF Richmond.

Richmond bank clcarings set new
fgh record last week. breaking all
devious records for clearings in the
|story OF the city for six days busi-
.ss. The report OF the Clearing House
association yesterday showed that ut
he close Of tho business day the clear
|gs had nearly doubled those Of the
kmc week of last year, and had e3-
blshed :, new record in Richmond.
he clcarings for the week aggregated
f0.G5! SO. ...s compared with Slo,?i'-
b. for the same week OF last year.
bowling ~. Increase Of so.134.2l3.
The I'if;h Federal Reserve Bank
SO had a prosperous week. although
be total amount of bills discounted
f,d bought was somewhat less :han for
lie previous week. AT the close OF
Iisincss Friday the bank had bought
Ild discounted bills TO the extent or
t24.SJO. The bank had "A gold reserve
so per cent against all liabilities.
I'D cash reserve against all liabih-
|ey, after setting aside 40 per cent
bid reserve for Federal reserve notes
Outstanding. OF 90 cent.
FAY ISSUES STATEMENT
OF DANI<'S CONDITION
Governor George J. Seay issued the
Flowing statement on the condition
| inc bank.
RcAourceR.
3old coin and ccrtificatcs.s 4.i3T.l2r 90
|pld settlement fund. 80. l6.4l3.l20 90
Total gold reserve $50. S56,l2O 90
|egal tender notes. silver
certificates and sub
sidiary coin 6s464 81
Total reserve. s20.92l.5s4 -
VestmcntS ....S 6O.I5p 90
|nited States bonds, in
Guiding accrued Interest i.7o4.l74 CO
lis 6 ountcd and
bough, ...... S,l5s.2s5 IS
fuo from other Federal
reserve banks, not. 1.lS5.niC IA
ems In transit, deferred. 7.354.S3S 50
! other resources . lC6.62c .:
Total resources. s37 .555.l60 60
Liabilities.
Ilpital paid ln..........s 2.32i.1J0 o.
$.scrvc deposits. net. 49,. lS.73T.33i 81
8ntcd states government
deposits .............. 4.4lG.3sa So
3,deral reserve notes In
circulation. net. ... 3,S9o.s5c %
Ems Ia transit. deferred 1865 GS2 {.
! other liabilities ... 1868 -
Total liabilities. s37 ,555.i6o 60
Gold reserve against all liabilities.
| per cent.
Cash reserve against ali liabilities.
ter getting aside 80 per cent gold
serve FOR Federal reserve notes out
'and!ng. 20 per cent.
Federal reserve notes:
sued ............ VIZ 1S.170 90
hand ............... G23.oJp 90
staining ........ s:3.2.9.i2C 90
I'D with Federal reserve
agent .......... s9,4jS.I70 90
Ne; liability. s 3,s.o,.5O 90
'tal amount OF bills dis
counted and bought for
the week ended October
w., i9lh .......... 6rI $50 II
)NSoLiniTi:D STATEMENT
For ALI. TWELVE HANKS
WASHINTON. October THE Fed
a! reserve Boards statement to-day.
the combined resources and liza
lities Of tn. twelve Federal reserve
INKS or October u follows:
Resources.
I'D coin and certificates
III vault .............. SoG5.6o6, 900
I'D settlement fund. 80. ll9,iOO.oQo
I'D redemption fund with
United States Treasurer 1903. 900
'tal gold reserve. .. 5sG.o77. 900
gal tender notes. silver,
etc ........ ........... 1891 900
'tal reserve ....... 4oo.9GS, 900
vc per cent redemption
fund against Federal
reserve bank notes 500 Ono
lis discounted and
bought:
Maturlties-
thin ten days. ......... 1901 900
rom eleven to thirty DAYS o7S1o Ooo