The Birmingham age-herald., 1917-09-02
Reserve Board Statement

Washington, September 1-An in crease of approximately $57,000,000 in total resources was recorded during the week by federal reserve banks. The condition of banks August 31 was as follows:
 Resources-Gold coin and certificates in vault $416,797, ,000 gold settlement fund, $3S3,937, 1000; gold with foreign agencies, s52,5O0000; total gold held by banks sS53,234,Ooo; gold with fed eral reserve agents, $493,1S5,000; gold redemption fund, $7,079,000; total gold reserve, s1,353,4 ,4sS, 900; legal tender. notes. silver. etc, $52,610,00o; total reserves, $1,406, ,108,000; bills discount ed, members, $147,315,000: bills bought in open mark ct, $154,591,0 900; total bills on hand, $301, ,906,000 United States government long term securities, $45,- 4o6, 900; United States government short term securities, $32,521,0 900; mu- nicipa1 warrants. $230,000; total earn ing assets, $3S1,063,000; due from oth CT federal reserve banks, net, s10,233,- 900; uncolIected items, s26o, 84,000; to tai deductions from gross deposits, s27o,417,o GOO; five per cent redemption fund against federal reserve bank notes, $500,000 all other resources, $293 900: total resources, s2,o5s, 3S1 .000.
 Liabitities-Capita1 paid in, S5s,904.- 000; government deposits, $154,35S,0oo;. due to members, reserve account, $1, 069 S04 900; due to nonmember banks, clearing account, s2S.903,000; collection items, $l40,27s,o0o; total gross de posits, s3,343,ooo; federal reserve notes in actual circulation, $5S7915 5,006; federal reserve bank notes in circula- tion, net liability. $6.023000; all other liabilities, including foreign govern ment credits, s12.19e, 900; total liabil- ftTes s2,05s.SS1 GOO; gold reserve against net deposits liabilities, 75.2 per cent; gold and lawful money re. serve against net deposits liabilities, 799 per cent; gold reserve against federal reserve notes in actual circu lation, s5.1 per cent
 New York Clearing House
 New York September 1.-The actual condition of clearing house banks and trust companies for the week show that they hold s12307,9c0 reserve in excess of legal requirements This Is decrease of s56 4C9.c2o from last week.
 The statement follows Actual condi- ton: Loans. discounts, etc, Ss,SS3 ,30S, 900; increase. sS5, 900. Cash In own vaults, members federal reserve banks (a) $79,- 7920o0; decrease, ss,62S,Ooo Reserve in federal reserve bank of member banks, $31G, ,075, ,O00 decrease, $47, ,206, ,0O0 Reserve
 
 companies (b), s114.17S.0o0 decrease, $S.- 29E, GOO. Reserve in depositaries, state banks and trust companies, S75, 2S0, 900; de- crease, s7,456,0o0 (x) Net demand depos- its. $3.542. .054 40o0; decrease. s, ,455, ,0o0 Net time deposits, s2o4. sss. 900; increase, $929,- GOO. Circulation, $31, ,136, GOO; increase, $4s6,- 900 Specie included in (a) and (b> $780, 0s9, 900. (x) United States deposits de- ducted $15T,795000. Aggregate reserve, sso5 5S3, 900. Excess reserve. $12,307 300; de- crease. s56, ,469, ,020
 Summary of state banks and trust companyies in Greater New York, not in cluded in clearing house statement:
 Loans, discounts, etc. s4S9, ,546, 200, in- crease $699,7oo; specie, s5S,936.so0 decrease $900o000; leal tenders $15,326, 100 increase $s35, 200; total deposits, $1,029, ,7S9, ,5O0 de- crease $S505. 300; banks cash in vault, s11,- e7S 300; trust companies cash in vault. s62.2Ss. .00O
 Heavy bank transfers and other i'm poftant financial operations of the week, including payment of the final install- ment Sn the liberty loan Issues, are re- fleete sln the heavy decrease of s5s, ,46s.- o20, {, %actuarl reserves. The total excess resolves of $l2,ao7,soo is the SAmallest re-