New-York tribune., 1920-10-31
S5O,0OO,OO0 Cain
In Deposits Shown
By Reserve Banks
Increase in Gold and Cash
ON Hand and Reduction Of
o.OOO.C00 in Note Cir.
culation FOR The Week
Frool 7he Tr5pa. Nashia0s9r saraa

From The Trbpa, $ WoShiaoisa su,~aa
WASHINGTON. Oct. 20.-Agxrega.
gains Of 81 millions n gold reserves
end Of los millions n total cash re
serves. accom- panied by d reduction of
about 5 Millions IN Federa. Reserve
note circulation, are Indicated in the
Federal Reserve Boards weekly BAN
statement issued as At close Of bu
ness October %, 1920 Net deposits
show an increase o. about S5o .oo0.ot
spending clcselv 20 me erowt
n the total Of discounted paper h,ls
As a consequence, the banks reserve
latio shows slight decline FOR III
week froM 43.5 20 A3.l per cvn.
Holdings Of paper secured rs so~
ernment way obligations rclGc.r
Treasury certificates. Increased iN
millions, and those Of otho: q lsceLnt.
Olis hN ~ millions. while these q.
ceptances y4rta.sed ia open magke'
show decline of - millions 4 rs
duction Of ia millions in Treasury
certificates : due largely 10 the ne
cemptlon Of 10 millions Of snec.al ccl
Jtcates, held BY four Reserve hank.
to cover advances 10 the rovernn.ent
Total earning assets. $3.50 600 0O0.
show an increase Of :S.4 millions 10.
the week
OF the total of l.203o millions c
paper sectAed by United States wa4
Obligations, 64l.5 millions. or 53.3 re
cent. were secured hy Liberty bond
80 millions, OF 26.S per cent. bv Nlc
tory notes, and 239.9 millions. or 10.
rer cent Dy Trea az cert ncates
against SO, 26.g and POI per cent
spo'iding total li93l million.
reported the week before
Discounted bills held by the Boston.
In. lad - INNi, mud Claxafarf a..
clude 247.l millions OF paper dis
counted !or the New York Reserve
Bank and seven other reserve banks ln
the South and Middle West. compare
Wlth 243.1 millions shown the week be
fore, while acceptance holdings Of lhe
Boston, Philadelphia and San Fran
cisco banks are shown inclusive O.
l3.4 millions Of bank accertances pur-
chased from the New YORK bank. a.
against 243 millions, held on the pre-
NOUS Friday.
Government deposits we're 81 mi
lions and members reserve deposit
269 millions larger than tho weel
betore. Other deposits. including
chiefly foreign government cred is aad
non members clearing accounts. show
decline Of 06 million. while the
float" carried by the Reserve bank
and treated as a deduction from in,
med! !ately available deposits Was 205
millions less than on October 2e.
As result Of the above changes
calculated net deposits show an in
crease for the week Of 499 milliors. As
against decrease Of 40 millions in
Federal Reserve note circulation. Fed
eral Reserve Bank notes in circulation
show an increase of II millions. As
against reduction Of s63 600 in the
rald-in capital Of the New York Bank
combined increase Of 100000 is
shown in the paid-in capital oc the
Boston and Dallas banks. winch is
caused mainly by additions to,capita'
and surplus of eNistinr m .mber bark
and. to smaller exten. by n4vrscms
received for Federal Reserve stock
from newly admitted members
The total pAid-in cpli.l Of the Re
serve banks, 97.S millions, shows ar
increase OF about 10 5 millions since
the beginning of the year.