The sun., 1916-12-17
$%25,O00,OOO GAIN IN
RESERVES DEPOSITS
Federal Boards Statement
Shows S10,000,0 900 More
Aggregate Reserves.
INCREASE IN GOLD ALSO
Discounted Paper on Hand Is
Smaller-U. 6. Bond Tran
actions Grow. d..
INCREASE IN GOLD ALSO

Smaller-U. B. Bond Tran
actions Grow. d.
WARRINGTON, Dec. l6.-Gains Of
nearly SIS. 900. 900 in net bank deposits
and Of over 10000. 900 in aggregate re-
serves arc indicated by the Federal Re-
serve Boards weekly statement. issued
az at close Of business yesterday. COM
bined gold reserves show an increase
during the week Of $1,000. 900. In addl-
ton a total OF 3s.soo.o0o OF gold was
transferred to the reserve agents against
notes issued. increasing their aggregate
gold holdings to S2~7s.27t.o0o. as against
slS7.s40.000 about . ear ago. The to-
tai gold holdings Of the system increased
during the year from 3622.727.0 900 to
,$70s.576.o0o.
A. against an Increase Of $780, 900
In reserve the New York bank reports q
gain Of $15.6Op. 900 In deposits. Offset
in part by an increase Of 3s.l0o.o 900 in
the balance due from other reserve
banks.
Chicaso's gain Of S%.loo.ooo In re-
serve is accompanied by a reduction Of
about $4,000. 900 in its favorable bal
cnce In account with other reserve banks
and a gain OF over $500. 900 in net de-
posits. San Francisco reports an In
crease IN reserve OF slightly less than
Discounted paper on hand shows a de-
crease of about 36c0.00O for the week,
the New York and Boston banks re-
! porting smaller holdings. OF the totnl
| discounts over ST.. 500. 900. or almost 30
per cent. IL represented by advances 10
members on their own collateral notes.
Accep,ances on hand gained about So
10000. Richmond. Minneapolis and
kansas City reporting the largest IN
creascs. OF the total bills. including &C.
ceptances on hand. 49, per cent. ma
ture within 80 days and 3a.5 per cert.
after 30 but within 90 days.
bond Transactions Greater.
Transactions In United States bonds
are shown for three banks. the total on
hand. So. 900. 900. being over 1000. zoe
in excess Of the week before. No change
IL reported in the mounts Of one yeal
Treasury notes held. Liquidation on a
large scale Of local city warrants by the
New York bank accounts mainly for the
decrease OF over $4,000, 900 shown in the
total holdings of municipal warrants.
lOtdl earning dSSetb are AT present Ut
excess Of SEES. o0O. 900, constituting about
+25 per cent. OF the banks paid In cap
ital. as against 800 per cent. six months
ago. or the total earning assets 81;
per cent. IL represented by accep,ances
1879 per rent. by United States bonds
l61 per cent. by discounts. s per cent
by warrants and 40 per cent. by Treas
ury notes.
No apprcciable change Is shown In tn,
total OF Government deposits. Large in
creases In net bank deposits are indi'
Gated for tho Boston. New York ant
San Francisco banks,
Liability on circulating Federal re
serve bank notes has been extinguishet
through the deposit Of lawful money will
the Treasurer OF the United States. Fed
era, reserve agents report the issue o
S2Se.77s.00c net of Federal reserve notes
an increase OF owe $4,000. 900 during
the week. Against the total Issued the,
hold &~273.27l.000 OF gold and 81. 030, 900
OF paper.
The banks report q total circulation o
S266.37 900 and aggregate net liabili
ties OF l 800. 900 OF notes issued t'
them by the agents.
Report for the Twelve Banks
Following Is the report embracing tn,
twelve banks of tho system:
RESOURCES.
Dec I. Dec il. Dec. il
Gates IN vault. -. s9s.ns s.S...s ,.s7a7
Gold settlement fund i77.Nl isl.ioi 1919
Gold redemption fund.
with u. 8. Treasurer i.@a 1858 lis
Total gold reserve. ,,4ss, 30, s4,7 .xs ,aa,,ss
Legal tender notes. all -
Vor. Sc..'"'''''''''' ',V A~s ".''
Total reserve. ,.4s,sos sns,sOs 1851, So
Five per cent, redemp.
ton fund against ".
n. bank notes......u ~ - =.
Bills discounted and
Msiuriue. - within 10
From 10 TO 50 days, ttii,s@ $50 Issi
From 81 to 90 days.. E2Is xs.Ios 1919
From 81 TO 20 days.. Se.3t2 sa,SS li.a
over 30 days..n,...,. 1852 1900 $50
Totals ,..."w,..-,i co.ses ,ibs,ia $3.50
Investments - u.
One SSH yea. u :. Ir.s.. .' ." 1919
ury notes ............ I,B ii.NG ..
To Ss' .sTnins a%ssss.... ,s.sS .s.Ss so.sl
net -."-.:.";.... Is,sos 1870 .o.S
serve banks, net, Il,sm Mss .l..,
All other resources, <,66 ASST ~.
Total resources. ......, 7i.Gi 7l6,SlS ass. q
LIABILITIES.
Capital paid in..,.., &5.7N 1A.7B Gi.N
Government deposits, 2s,I62 2s.ses 1870
Member bank deposits.
net .;.-...."-..., ss,lN Ns,ss s7,s
Federal reserve notes.
Federal ressrve bank "'
notes in circulation. go. "a 49,,
All other liabilities. SIS h8 10,
Total liabilities. ..,... Tl,0l T5.3l6 as. 2
Gold reserve .y.inN
net deposit and note
liabilities tO,.,.,: Usx 0sS HS
Cash reserve against
net deposit and note
liabilities (a)......... 0ex ObS 81
Cash reserve against
INST Deposit liabllities
after setting aside
<rs gold reserve
against AuGrsgate net
liabilities on FEDERAL
reserve uotes In Or.
cuaAtop (A.,..... W3S MIS- ~
CO.. Loes items d tyaA.
cit hs4Ween vSAeRa1
reserve banks. Wis.,. e7,~s ts.S0 esl.s