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Show j Federal Reserve Bank. j "WASHINGTON, June S.-An increase oC ?S7, 000,000 in commercial paper discounted dis-counted this week by federal reserve banks was interpreted by some officials as indication that business interests are seeking short-term advances to enable I hem to meet income and excess profits taxes due next Saturday. The condition of the. twelve banks at the close of business busi-ness last night was as follows: RESOURCES. Gold coin- and certificates in vault . $ 463ti22,u00 Gold settlement fund federal reserve boards 410.67a. OfiO Gold with foreign agencies.. 51,250,000 Total .crold hold by banks...? 932,577,000 Gold with federal reserve fluents 958,255,000 Gold redemption fund 2S,431,0u0 Total sold reserves ?1. 319,263, 000 Lesal tender notes, silver, etc -5$, -161,000 Total reserves 51,977,724.000 Bills discounted for members and federal reserve banks.. 9S4.492.00O Bills bought in open market. 24S.542.000 Total bills on hand $1,233,034,000 United States government Ions-term securities 64,4S4,000 Uni led States government short-term securities 32.601,000 All other earning assets 694,000 Total earning assets $1,330,813,000 Due from other federal reserve re-serve banks, net 1,605.000 Uncollected items 400.924,000 Total deductions from gross deposits $ 402,529,000 Five per cent redemption fund against federal reserve re-serve noics . 637.000 Total resources 3,711.703,000 LIABILITIES. Capital paid in $ 75,662.000 Surplus , t .134,000 Government deposits 179. $76,000 Due to members, reserve ac- i count l.-l!9,4S0,000 I Collection items 239.971,000 Other deposits, including for- ! eign government credits. . . 109,560.000 j Total gross deposits $1.97S,S93.000 ! Federal reserve notes in actual ac-tual circulation 1,639.579.000 Federal reserve bank iiotos in circulation, net liability...-. il.5S0.000 All other liabilities 6.S55.000 .Total liabilities $3,711,703,000 Ratio of gold reserves io net deposits and federal reserve note liabilities combined, com-bined, 59 . 2 per cent, j Ratio of total reserves to net deposit and federal reserve note liabilities com-I com-I bincd, 61 per cent. |