Salt Lake Tribune | 1919-11-09 | Page 43 | Federal Reserve Statement

Federal Heserve Statement. WASHINGTON. Nov. 8 Tho condition of the twelve federal reserve bnnks al the close "f business November 7 was as follows, accord-ing accord-ing to the weekly statement of the federal reserve re-serve board: RESOURCES. flold coin, and certificates $ 214,880,000 Gold sottlpmcnt fund federal reserve re-serve board 420,420,000 Gold with foreign agencies 127,165,000 Total f,"old held by banks S 801,430.000 Gold with federal reserve ugenta.. 1.207,276,000 Gold redemption fund 110,860,000 Total gold reserves $2,110,565,000 Legal tender notes, silver, etc... 67,804,000 Total reserve $2,187,300,000 Bills discounted, secured by government gov-ernment war obligations 1,771.028,000 All other 418,461,000 Bills bought In open market 483,586.000 Total bills on hand $2,023,073,000 United Slates government bonds.. 28.846.000 United States Victory notes 84.000 U. S. certificates of indebtedness 273,1110,000 Total earning assets $2,923,204,000 Bank premises 12.222.0UO Gold in transit or in custody in foreign countries 19,242,000 Uncollected Items and other deductions deduc-tions from gross depoBits 917,930,000 $ 037,178,000 Five per cent redemption fund against federal bank noteB 13.408,000 All other resources 8.226,000 Total resources ..$0,081,600,000 LIABILITIES. Capital paid in $ 86.207.000 Surplus 81,087.000 Government deposits 63,687,000 Hue to members, reserve account 1, 660.887. 000 Deferred availability items 759,384,000 Other deposits, including foreign government credits 97,750,000 Total gross deposits $2.807,6SS,000 Federal reserve notes in actual circulation 2,800,750,000 Federal reserve bank notes in circulation, net liabilities 257.572.000 All other nubilities 42.233,000 Totnl liabilities $0,081,600,000 Ratio of total reserve Io net deposit and fodernl reserve note liabilities combined, 46.8 per cent. Ratio of gold reserves to federal resorve notes In circulation after setting aside 85 per cent against net deposit liabilities, 54.0 per cent.