Salt Lake Tribune | 1916-03-05 | Page 39 | More Bonds Bought by Reserve Banks

MORE BONDS BOUGHT 0! RESERVE BUS I Investments in U S Issues Increased More Than $3, 000 000 During Week WASH NGTON March 4 Investments nv fede e ene banks n Ln ted & atea bonds n eased mo e han J3 000 000 dur K he pa week a cording to a state nent of he banks condl on un March 3 made pub c oday by the federal eserve boa d The s a ement fo lows RESOURCES Go d on and ertlf cates ln au s 261 000 -K) d se ement fund 74 890 000 Go d edemp on fund w h t S treasu er 1 538 000 Tota go d reser e $33S oO 000 Lega tende notes si er et $ 1 994 000 To a resertes 1351 44 000 B s d e oun ed and bought Ma u es wlUiln ten da a J 6 7S6 000 F om e e en to thlrtv daya 13 365 000 I F om h y one to s xty dajs 18 113 000 F on sU y one o n ne y daya 11 911 000 O e n nety days 321 000 Tota E2 493 000 Inveatmen s Ln ted States bonds S 33 063 000 Mun c pa warrants 30 539 000 To a earnings assets 116 100 000 Fede a reserve notes net 25 567 000 Due from federal reserve banks net 20 576 000 A o her resources 5 969 000 To a resources $519 456 000 LIABILITIES Cap ta paid ln $ 54 919 000 Government depos ts 36 043 000 Rese e depos s net 418 718 000 Fede a reser e notes net 9 635 000 Al ot e -lb es 141 000 Tota ab t es $519 456 000 Go d reserve aga nst net depos ts and no e ab es 70 2 pe cent Cash eserve agalns net depos ts and note lab t es 79 1 per cent Cash reserve aga nst net depos t 1 abll It es after sett ng as de 40 per cent go d ese ve aga nst agg egate net 1 ab es of federa eser e notes n c rcula on 80 per cent