498
UNITED STATES
The following is a statement of the combined resources and liabilities of the 12 Federal Reserve Banks on December 30, 1920, and December 31, 1919:
Resources
Gold and gold certificates . Gold settlement fund, F.R. Board Gold with foreign agencies .
Total gold held by banks
Gold with Federal Reserve Agents Gold redemption fund .
Total gold reserves . Legal tender, notes, silver, Ac. Total leserves .
Bills discounted: Secured by Government war obli- gations :••••',
Bills discounted : All other
Bills bought In open market
Total bills on hand
U.S. Government bonds
U.S. Victory notes
U.S. Certificates of indebtedness ,
Total earning assets
Bank premises
Uncollected items (deduct from gross deposits)
5 per cent. Redemption Fund against F.R. bank notes
All other resources
Total Resources
Liabilities
Capital paid-in
Surplus
Government deposits
Due to members — reserve account Deferred availability items .... Other deposits, including foreign Govt, credits
Total grosa deposits
F.R. notes in actual circulation .
F.R. bank notes in circulation, net liability
All other liabilities
Total Liabilities
December 30, 1920
1,000 dollars 263,952 356,244 3,300
623,496
1,276,214 159,623
2,059,333 189,830
2,249,163
1,141,036
1,578,098
255,702
2,974,836
26,859
69
261,263
3,263,027
18,450
717,227
12,752
6,269,517
December 31, 1919
1,000 dollars 234,792 338,744 131,321
704,857
1,238,591 119,397
2,002,845 58,961
2,121,806
1,469,928 745,377 574,104
2,789,409
26,836
64
273,204
3,089,513
12,656
1,080,385
18,232
6,088
0,323,680
99,770 164,745
27,639
1,748,979
522, 63S
22,161
87,407
81,087
30,961
1,889,889
806,115
100,978
2,321,417
3,344,686 216,960 121,939
2,827,943
3,008,878
260,490
57,875
6,269,517
6,323,880
Ratio of total reserves to net deposit and F.R. note liabilities combined
45 4 per cent.
44-6 per cent.
