New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-07-23
s7.5OO.O00 Decrease Is
Shown in Amount OF
Gold on Hand.
II s. DEPOSITS ARE
S43,l99,000 LESS
Total Earning Assets, However,
Show an Increase of
$9,300,000


srawals of government deposits, only
rarity Offset by increased bank depos-
rs, decreases in the gold and cash
reserves Of the banks. and increased
holdings Of discounted and bought
paper are indicated by the regular
weekly bank statement made public
io-dsy by the Federal Reserve Board.
Transfers Of funds TO the govern
mcnt were made largely through the
gold settlement fund. which shows a
decrease Of sl9.lOO,OOO for the week.
Gold on hand decreased S7,50O,oo0, the
New York bank reporting even larger
ret Withdrawals from its vault hold
ings. The aggregate net Withdrawals
q gold shown for the week were s26,-
100000, the three Eastern banks and
Dallas showing the largest losses Of
sos Dallas reports the return to the
ssu-nment Of the special 100000
.sNsit. made last September for crop
towing purposes.
Reserves other than gold increased
about S3.500,0O0, mainly at the New
YorA bank
Bonds on Hand Decrease.
As the result of bond conversions
ard the sale Of Treasury notes the az
srerate OF United States bonds on hand
slows a decrease for the week of
SSnOOOO and that of Treasury notes
a. increase Of S2,600,000 Municipal
warrants on hand increased over $780,
COO. Cleveland reporting the largest
gam under this head.
The total earning assets show an
increase for the week OF S9.300,000 and
constitute at present 361 per cent of
the total paid-in capital OF the banks,
COMPARED with 344 per cent at the end
O.. the preceding week. OF the total
earning assets acceptances represent
40 per cent. United States bonds 25
per cent, discounts 14.5 per cent. war
fsnts i per cent and Treasury notes
sc per cent.
Government Deposits Less.
With the exception of Minneapolis.
al banks report heavy Withdrawals Of
government deposits, the total de-
crease for the week being S43, $4,000
Probably as a result of the inaugura
ton Of the new clearing plan,
net bank deposits show an increase of
about 1000 900, New York, Chicago
and Boston reporting the largest gains
under this head.
Federal Reserve agents report net
total Of s175,219,000 of Federal Re-
serve notes issued TO the banks, or
Al39O0O less than the week before.
Against the total issued they hold
1858. 932 900 Of gold and sl2,S77000 Of
paper. The banks show a total of
sl54. O3S. 900 Of Federal Reserve notes
in circulation. or 1854 600 less than
the week before. Their aggregate net
liabilities on the notes issued TO them
b. the agents is stated at Sl0,l20000.
The Weekly Statement.
The weekly statement is as follows:
RESOURCES
Cod co'1 and ce-lacates in vault ... s2sa 04s 900
Cod settlement fund ......... .......... 9Q56l 900
ca redemption una si.h United states
Treasurer ........ ........ 1881. 900
Total soll reserve ................. sa6s54i 900
Ls1 tender notes silver ec........... lSSO2.o0O
r.n rc.,r, ...................... ,s57. sas 600
f,l'-a Reeve Bsat aoiSs.'.''' -. 100000
yr1-,.e. within DO DAYS. sl7ls3ooo
T--r % 20 so DAYS ...... e5740ooO
Fru 80 to 90 days. ...... 81. 3o2 goo
Fuu % 90 ee DAYS ...... 3ol2i.000
cftf 20 days .........-... $4,000
T-'a's .................s Il43l9Ooo
I've. u.s-ts
trrsl states bonds ...... 49.7S6.000
01s-year lnltcd states
Treasury upfft ......... 1880 o0
Nlridp. warrants ...... 2I.i23ooo
To,a earning assets ............. 10. 1875 900
Fs1e-t Reserve notes tnetl ............ 2VOli0yV
Due from Federal Reserve banks lnetl.. ll,ss2Q0o
CHEZ resources. ........--...... At'oOVV
T'ili resources OBSERVATION-DISCLOSURES. .s5l5'o-SOVV
LIABILITIES
Ct9'al raf4 .......... tl5ls5 600
Government deposits ..-......-.-...-- 81 1000
Ae1str bank depcsiis net ..-...--.... ~ eOOvOO
Ffirf reteTN note. net. -..-...-.-.-. lul1VVvV
fe1'-s Reserve banks in circulation. lot5 toV
A. 0a-l liabilities ...........-...... -3lVVs
LsNlIifleH tsVA'fy-'f
ca roserre against net deposit and note habih-
ts t6 pcr cent go.
Cash reserve sssins, net deposit and note hssn-
Tee % psf cent . .....