The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1917-09-16
Bank Statements

New York, September 15.-The actual
condition of the clearing house banks
and trust companies for the week,
shows that they hold $75,6s4,410 re-
serve in excess of legal requirements.
This is a decrease of .$11, 900 from
last week.
The statement follows:
Actual condition: Loans, discounts,
etc, $3,795, 900, decrease $25.797, 900.
Cash In own vaults, members federal
reserve banks (a), $20,9s2.0oO. increase
S2726,000. Reserve in federal reserve
bank of member banks. $366,896,000.
decrease $4,101.000. Reserve In deposit
taries, state banks and trust COM
panies, $93567, 900. decrease $4,739,0oo.
(x) Net demand deposits, ss.5os, $4,000,
decrease $22.736,000. Net time deposits
1904, 095.000, increase s7,221 ,oo0 Cir
culation 31,Sss,ooo, increase $42S,ooo.
Specie included in (a) and (b) $146.131.-
900. (x) United States deposits deducted
S153, $50, 900. Aggregate reserve 1884,
276,000. Excess reserve $75,684,410, de-
crease. $11, 3.020.Summary of state
banks and trust companies in Greater
New York. not included in clearing
house statement: Loans, discounts, ETC.,
1897, 422,300, decrease $4,802,100. Specie
sec, 165, 200, decrease $310,300. Legal
tenders s16,5O6,500, increase $S6s,o0O.
Total deposits $99S, 922,800, decrease
$3.799, 200. Banks cash in vault $12,-
$4,000. Trust companies cash In vault
s63.S22, 400.
Washington, September 15.-Total gold
creased approximately $10,O00,00O during
the week just ended. The condition OF
banks September IA was as follows.
Resources: Gold coin and certificates
in vault, $408, 206 600; gold settlement fund,
1884, $4,000; gold with foreign agencies,
s52. 600; total gold held by banks, $685.
S52, 900; gold with federal reserve agents,
$500, 47o. 900; gold redemption fund, s9127,000;
total gold reserve, 81, 4,s49,O0o; legal ten
der notes. silver, ETC., $51,0s5.000; total re-
serves, 81, 426, O34, 900: bills discounted MEM
bers, s16Z,3330 900; bills bought in open mar
ket, $16S,445,000; total bills on hand, $685.
77S, 900: United States government long
term securities, $45, 1885, 900; United States
government short term securities. $40, 1885,
600; municipal warrants, $214,00o; total
earning assets, S423,7160O0; due from other
federal reserve banks, net, $6.554000: un-
collected items, 1924, $4,000; total deductions
from gross deposits, 1921, 10000; per cent
redemption fund against federal reserve
bank notes, 100000; all other resources,
$30S, 900; total resources, 81, 0S1, 734,O0O.
Liabilities: Capital paid. in. 5939S,0OO;
government deposits $21.612,000; due to
members, reserve account 1,139, POI, 900;
due to non-member banks clearing ac-
count, $50, 621, 0o0 collection items, s156, 26S,-
600; total gross deposits, s., 1857 1872, 900; fed
eral reserve notes in actual circulation,
$644, ST., 900; federal reserve bank notes in
circulation net liability, $7,561,0 all
other liabilities, including foreign gov
eminent credits, $2,456.000; total liabilities,
81, 0S1, 734, 900; gold reserve against net de-
posit liabilities, TAB per cent; gold and
lawful money reserve against net de-
post liabilities, 1873 per cent; gold re-
serve against federal reserve notes in ac
tual circulation 1922 per cent.