New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-05-21
Deserve Institutions Re-
mort Gain of $35, 100000
for the Week.
NEW YORK CENTRE
REPORTS DECREASE
enid Holdings Show Increase OF
s14O0O.000 49, Commercial
Paper at Low Figure.
From ne Tribune Bureau J

From ne Tr1Sune Bureau
Warrington, Nay 20.-Transfers Of
=, additional instalment of reserves
Nv member banks outside OF central
,..,re cities, due on May 10, are re
,popsible for the considerable gains in
hank deposits, also in gold and cash
holdiugs Of the Federal Reserve banks
,hovu BY the weekly bank statement
made public by the Federal Reserve
sosrd as at close Of business on May
IL. 1915
The net bank deposits OF the Fed
.-sl Reserve banks show an increase
,or the week Of s95.200,OOO. all the
hanks except New York reporting sub
stantisl gains under this head. The
latter bank reports a decrease in net
hank deposits and an increase Of ST.
100000 in the amount due 20 other
FEDERAL Reserve banks.
As the total amount Of discounts on
hapd-Sle. SOC, 0O0--is less than the like
amount shown at the end Of the pre-
Nous week, the additional reserves
vsre pAid apparently in cash or IN
form Of exchange, on New York main
Y, The total gain in cash was S24,-
10000 sll the banks except ST. Louis
and Dallas reporting larger cash hold
Iugs than the week before. The lat
Ter two banks show, however, largely
Increased balances due from other Fed
,rsl Reserve banks, which, when turned
into cash, will increase their reserve
holdings
The gold holdings Of the banks in
creased about s14,40O,009 the New
York bank showing s decrease OF 81
100000 IN gold transferred 20 other
Federal Reserve banks through the
gold settlement fund. This decrease IS
more than Offset by an increase OF
Ss0o0,000 in other cash, representing
in part transfers Of reserves by mem
bsr banks Of the district outside OF
New York City.
Discounted bills on hand are below
x2O 900 900. the smallest figure shown
for the last fourteen months, and only
27.5 per cent of the total paper held
bv tie banks. The decreases are
LARGEST In the case Of the Richmond
and atlanta banks, whose holdings Of
discounted paper declined about a per
cent since the beginning Of the year
while the total discounts held by the
Dallas bank increased slightly, as the
result Of larger holdings OF bills vito
longer maturities. There has been an
increase for the week OF about $1,000,
600 in the amount Of ncceptances held
all the banks active in the acceptance
field, except Chicago, showing larger
holdings than the week before.
There has been slight decrease in
the amount Of Federal Reserve Bank
notes in actual circulation. Federal
Reserve agents report g total OF $780,
100000 Of Federal Reserve notes out
standing, against which they hold $780,
$4,000 Of gold and SO, 900 Of paper
The banks report a total Of Sl5o,899.-
900 Of Federal Reserve notes IN circu-
lation. Their aggregate net liabilities
or the notes received from the agents
is given as ss,0ls,000.
The statement in detail is as fol
lows:
Gao coin snd osr-ihe.,as 70 vault s24s sl2 oo
CO S.d sS1T5.c. find With Unitsd states
Treasurer .......--........ ........-. A'e%''s'
r,.,l ,,,s r..-,................... ss2s. COS 90
Legal tsiAsr no.ss. sil1sf eo........... l769'.oo
s.ns discoui.sd ard bought;
Mstur.ss within 10 days.. g stsoo9
IRON 81 % 81 dats...----- ll-sov19
TrCu 81 % 90 Q 4 ...--..- t2..4og9!
From 81 % % dan. .-..-.. ], l0eW9
Or.r 90 osys.........-.... o'oVo'V''
r,,,, ...............s1 81! ss5 900
ir-es.ms1ts o., go n.
Ur'tei Sta,ss bonds. ...... 5le5i,ooo
Oue-ye1f United NtsieS $1,000,
r-saE-ry F1o-cs -....-.--- ee4l'e
Municipal warrants ....-.- ff4s-oOo
r-.,t ..--,,, ssssfs ........... iT21i40o
Ftde-a Reserve noes met ....tt.t. a., "a IN
Olt flu Tsde-sl Reserve banks tneb 80 n6l
Az other resources. .....- .'.''-.'- ''e.-'
-..., .-....... ......... .S56s 81 .oo
LIABILITIES.
rIpitE psid i' ...-...-.- .-.---.--.- s35'95g O3
Government deposits --.-..- - --'''- AZ 3'5 an
Ssssrvv dsposts fnet) ......-...--' 30 wv
rtdfra Retrrrs notes nett ... -.-- ...- TO-. o7.
~ R.ts-ve ssrk ro,.s ~ circulation lass. 9S
To-, ,.,,,,- ........ .s7sss7i. Oot
Ga rs,r5s ssalnst nst deposit and note hsbiii
tss s34 pr cent - -.,. usbUt
T,ss ysssTs against mel, deposit usbliues are
ssfrs ado 20 Ser cent gold reserve against agsIe
is,s a. rsfiities on Federal Reserve notes IN CIR
eu.L1on 20 , per cent