1
RATIO OF DISCOUNTED BILLS HELD BY FEDERAL RESERVE BANKS TO THEIR DEPOSIT LIABILITIES X-3U5I TOGETHER WITH THEIR RESERVE PERCENTAGES AS OF JUNE 21, 1922. (Amounts in thousands of dollars) Federal Reserve Bank of Total deposits Discounted bills Ratio of dis- counted bills to total deposits Member banks' reserve deposits Ratio of dis- counted bills to member bank reserve deposits Rank Reserve percentages Boston 124,359 23,773 (Percent) 19.1 123,618 (Percent) 19.2 2 72.2 N^w York 729,613 33,1-93 4.6 718,106 4.7 1 87.9 Phil adelphia 109,637 44,176 4 O »3 108,256 40.8 8 80. 7 Cleveland 143A53 42,091 29.4 l4l,485 29-7 6 69 7 Richmond 56,156 40,553 72.2 55-,095 73.6 11 75-5 Atlanta 51,160 30,885 60.4 49,736 62.1 10 83,0 Chicago 251,85S 60,002 23.8 249,273 24.1 3 81.3 St. Louis 72,615 18,947 26.1 71,085 26.7 5 68.4 Minneapolis 46,324 26,729 57-7 45,224 59,1 9 70.3 Kansas City 82,762 21,147 25.6 80,884 26.1 4 64.5 Dallas 45,230 32,904 72.7 44,238 74.4 12 61.8 San Francisco 141 ,532 46,763 33.0 125,010 37*4 7 70.2 TOTAL l,254,399 421,568 22.7 1,812,010 23-3 79.1 FEDERAL RESERVE BOARD, DIVISION OF BANK OPERATIONS, JUNE 22, 1922. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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R A T I O O F D I S C O U N T E D B I L L S H E L D B Y F E D E R A L R E S E R V E B A N K S T O T H E I R D E P O S I T L I A B I L I T I E S X - 3 U 5 I T O G E T H E R W I T H T H E I R R E S E R V E P E R C E N T A G E S A S O F J U N E 2 1 , 1 9 2 2 .

( A m o u n t s in t h o u s a n d s o f d o l l a r s )

F e d e r a l R e s e r v e

B a n k o f

T o t a l d e p o s i t s

D i s c o u n t e d b i l l s

R a t i o of d i s -c o u n t e d b i l l s

to t o t a l d e p o s i t s

M e m b e r b a n k s ' r e s e r v e d e p o s i t s

R a t i o o f d i s -c o u n t e d b i l l s

to m e m b e r b a n k r e s e r v e d e p o s i t s

R a n k R e s e r v e p e r c e n t a g e s

B o s t o n 1 2 4 , 3 5 9 2 3 , 7 7 3 ( P e r c e n t )

1 9 . 1 1 2 3 , 6 1 8 ( P e r c e n t )

1 9 . 2 2 7 2 . 2

N ^ w Y o r k 7 2 9 , 6 1 3 33,1-93 4 . 6 7 1 8 , 1 0 6 4 . 7 1 8 7 . 9

P h i l a d e l p h i a 1 0 9 , 6 3 7 4 4 , 1 7 6 4O » 3 1 0 8 , 2 5 6 4 0 . 8 8 8 0 . 7

C l e v e l a n d 1 4 3 A 5 3 4 2 , 0 9 1 2 9 . 4 l 4 l , 4 8 5 2 9 - 7 6 6 9 7

R i c h m o n d 5 6 , 1 5 6 4 0 , 5 5 3 7 2 . 2 55-,095 7 3 . 6 11 7 5 - 5

A t l a n t a 5 1 , 1 6 0 3 0 , 8 8 5 6 0 . 4 4 9 , 7 3 6 6 2 . 1 1 0 8 3 , 0

C h i c a g o 2 5 1 , 8 5 S 6 0 , 0 0 2 2 3 . 8 2 4 9 , 2 7 3 2 4 . 1 3 8 1 . 3

S t . L o u i s 7 2 , 6 1 5 1 8 , 9 4 7 2 6 . 1 7 1 , 0 8 5 2 6 . 7 5 6 8 . 4

M i n n e a p o l i s 4 6 , 3 2 4 2 6 , 7 2 9 5 7 - 7 4 5 , 2 2 4 5 9 , 1 9 7 0 . 3

K a n s a s C i t y 8 2 , 7 6 2 2 1 , 1 4 7 25.6 8 0 , 8 8 4 2 6 . 1 4 6 4 . 5

D a l l a s 4 5 , 2 3 0 3 2 , 9 0 4 7 2 . 7 4 4 , 2 3 8 7 4 . 4 1 2 6 1 . 8

S a n F r a n c i s c o 1 4 1 , 5 3 2 4 6 , 7 6 3 3 3 . 0 1 2 5 , 0 1 0 3 7 * 4 7 7 0 . 2

T O T A L l , 2 5 4 , 3 9 9 4 2 1 , 5 6 8 2 2 . 7 1 , 8 1 2 , 0 1 0 2 3 - 3 7 9 . 1

FEDERAL RESERVE BOARD, DIVISION OF BANK OPERATIONS,

JUNE 22, 1922.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis