Salt Lake Tribune | 1917-12-30 | Page 48 | Condition of Bank is Shown by Report

CONDITION OF BANKS IS SHOWN BY REPORT fYASHPN'CTOX, Dec. 29. Net withdrawals with-drawals W $113,000,000 government deposits de-posits and ) reduction of the gross deposits de-posits by SjIO.000,000, is shown in the fed--oral reseru-e board's weekly financial summary olf the twelve banks' condition as at the iclose of business last night. The total gold reserve increased by ?26,-000,000. ?26,-000,000. Th report follows: RESOURCES. Gokl coin arid certificates in vault .. . ; $ 499,917,000 Gokl settlement fund, federal reserve board 317,520,000 Gold with foreign agencies... o-t, 500,000 Total gold held by banks...? 869,937,000 Gold with ' federal reserve agents 7S1, $51,000 Gold redemption fund 19,545,000 Total gold reserves 1,671, 133,000 Legal tender notes, silver, etc. 49.635,000 Total reserves $1,720,768,000 Bills discounted for members and federal reserve banks. 680,706, 000 Bills bought in open market. 375,36,00O Total bills on hand $ 956.072,000 United States government long-term securities 4S,350,000 United States government short-term securities 58,JvS3,000 Municipal warrants 1.005,000 tovAl earning ass&ts $l,OG4,S10fOOO .5 from other federal re- e'scrve banks net 11,936,000 Uncollected items 301,107,000 Total reductions from gross deposits $ 313.04S.OOO Five per cent redemption, fund against federal reserve re-serve bank notes 537,000 All other resources 2.S13.00O Total resources ?3,101,471,OO0 LIABILITIES.- Capital paid in $ 70,442,000 Government deposits 108,213,000 Due to members, reserve account ac-count 1,458,166,000 Collection items 191,693,000 Other deposits, including foreign for-eign government credits... 17,965,000 Total gross deposits 51,771,037,000 Federal reserve notes in actual ac-tual circulation 1,246,4SS,000 Federal reserve bank not?s in circulation, net liabilities S,000.0OO All other liabilities 5,504,000 Total liabilities $3.101. 471.000 (oid reserve against net deposit liabilities. liabili-ties. hQ." per cent. Gold and lawful money reserve aeainst net deposit liabilities, 63.1 per cent. Gold reserve ag&inst federal reserve notes in actual circulation, 64. S pr cent. The statement follows: ACTUAL CONDITION: Loans, discounts, etc 54,11.'?, 775,000 Decrease 33,6S6,000 Cash in own vaults: ilembers federal reserve banks (a) 113,906,000 Increase 1,605,000 Resere in federal reserve bank of member banks... 561,439,000 Increase 4S, 041, 000 Reserve in own vaults, state banks and trust comoaniee (b 20,416,000 Increase 5SS,0OO Reserve in depositaries. state banks and trust companies S. 179,010 Decrease 1.069.00O (n Net demand deposits . 3f5SO,is.OCO Increase 92,694.000 Not time deposits 19S. 492.000 Increase 12,574,000 Circulation 34,14.00 Increase 39,00 Specie Included in (a) and b" $,s;oi,000 (xi United Suites deposits deducted 305.005.00 Aggregate reserve o!1 0.03 1.00' i Excess reserve 11C,:;76.S0 Increase 35. 135,20 Summary of stato banks and trust companies in Greater New York, not included in-cluded in clea ling-bouse statement : Loans, discounts, etc $ $23.1,30 Decrease 1 3,991,700 Specie ..... 19.261.200 Decrease 3.37.600 Legal tenders 7,i,-li4,900 Increase 2.121.:'00 Total deposits 951,512.100 Decrease 14.073,000 Ran'rs'- ca. in vnuits 12.7hS.30'.1 Trust. 'lies' cah in va -these n S.9o3.S