The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-30
GAIN IN EARNING
ASSETS OF BANKS
Increase Is $4,000, 900; Total
Reserves Decrease $780,
600 in Past Week.
BOND HOLDINGS JUMP

banks. The earning assets OF the n
show an increase of about $4,000. 900.
mainly the result Of larger investments
In bankers acceptances and municipal
warrants.
The largest net Withdrawals OF gold,
t7.A60. 900. are shown for the New York
bank. while gold Withdrawals in excess
OF $1,000, 900 each are reported by the
Richmond. Dallas and a Francisco
banks. Part Of this gold was trans
ferred TO other banks. Thus Philadel-
phia reports an increase OF about $4.-
4OO.O 900 in its gold reserve. while smaller
though substantial gains Of gold are
shown for the Atlanta, Chicago and
Kansas city banks.
Discounted paper on hand declined in
amount by more than $4,000, 900. Rich
mond n Atlanta reporting smaller
figures thar the week before. Accep-
tanccs on hand show an increase Of $3,-
100000. all the banks except Kansas City
reporting larger holdings OF this type Of
paper.
OF the total bills N hand 35.4 per
cent. mature within thirty days and more
than 40 per cent. after thirty but within
sixty days. A total Of 32.400.0 900 Of
agricultural and live stock paper matur-
Ing ninety days In shown largely in the
hands OF the Dallas. Kansas City n
Chicago banks.
The Bond Holdings.
The bond holdings Of the banks in
creased during the week by more than
$500. 900. six banks reporting TRANSACT
tons under this head. No further con-
versions Of 2 per cent. bonds are shown.
Warrants on hand increased more than
~ 900. 600, Chicago. New York and Min
neapolis reporting the largest gains.
or the total earning assets. accept
ances constitute now 30.s per cent (:
United States bonds. 2s.4 per cent. war
rants. 23,7 per cent. discounts. 1913 per
cent. and United States Treasury notes
2.5 per cent. The ratio of earning as
sets ia paid in capital stands now at
ESQ per cent. compared with 276 per
cent. the week before and l13 per cent.
three months before.
The transfer of member banks from
the Eleventh to the Sixth district APP
parcntly accounts for a decrease OF
about $4,000 in the paid in capital Of
the Dallas Bank. Government deposits
are now in excess OF $4,000. 900. having
increased by about IS, 100000 mainly at
he three Eastern banks and the Chi
caGo bank. Net bank deposits fell of
moro than $4,000. 900. New York and
Chicago both reporting net Withdrawals
for the week.
Tit amount OF Federal Reserve bank
notes in circulation Ia given Al s1.669.-
900. or about $500. 900 less than the week
before. Federal Reserve agents report
a total Of Sis5.+24.Oo0 OF Federal Re-
serve notes outstanding. against which
they hold Sl75.s+7.ooo of gold and $780,
242.0 900 Of paper.
Since the beginning OF the year the
amount Of outstanding reserve notes
has declined about SIS. 700. 600, or 49,
per cent. The banks show a total re.
serve note circulation Of about 1853 mil
lions and aggregate liabilities thereon
OF &s.S5l.o0o.
The Detailed Statement.
Here Is the weekly statement of tn.
Federal Reserve banks at Boston. New
York and Philadelphia:
RESOURCES
Boston. y Y. Phila
Last three ciphers omitted
IN vsui's' '''. 'H''".'''. siss sIeuo sN,
Gold settlement, fund ... 80 ssss t65
Gold redemption fund e. 20 q
To,ai gold reserve 81! ~: $50. $40 si6.,i
Legal tender notes. ell -.
Total reserves ......... $3.50 Sls4 as sis.ss
Bills d discounted. mambers 1891 tl tS
Bills bought In open mar -.
kc .,.,...,.'',...''''' w." NV '''
Total bills on hand CO.. 81 .225 Es,lSS E.e3
1nve stments
United States bonda ,.... 500, $50 1855
One year United States
Treasury notes ........ Gh l.54 10
Municipal warrant. ..... e,<s6 l5.ts3 S.3l
Total earning assert. si7.oe, Ss7,7s2 N..a5
Federal reserve notes. ne, 1874 $50 Is
Due from other Federal
reserve hanks, net. Is 90. 10
All other resourCes.... g. 80 ~
Total resources ........ 3&. SO $J'2. so ss2. IS
LIABILITIES.
Capital paid In. ....... HsG 81, 20 So,
Government deposits. 4.0;a S.lso Isl
Reserve deposits net ..... q, ~ lSD tS ga
Due 60 other Federal re.
serve banks. net .......,. zee. s5s1 &c.
All other liahilitles. .... ,., &C..
Total liabilities. ....... 81. $50 sSe. $50 So, 81