Exhibit C-STATEMENTS OF CONDITION OF FEDERAL RESERVE BANKS. No. 18.—Combined resources and liabilities of all Federal Reserve Banks as at close of business on the last Friday of each month during the calendar year 1918.

RESOURCES

896,228 1, 221,533 1,092, 417 1,412,5111,400, 371
531, 967
491, 897
453, 747 402,684

302,567
232, 603 288, 391

398,623
375, 341

303,673
30,350 28, 545

28, 251

29, 132 28, 869 25, 772 50,098 322,060

92,664

282, 677 67 102 24 27

13

1,029, 670 1,031, 797 1,201,585 1,286, 162 1,301,390 1,345, 112 1,564,540 1,716, 987 2,080,566 2,295, 122 2,312, 359 2,318, 170

. 3, 169, 375 3, 176, 454 3, 445, 984 3,566, 839 3,686, 300 3,872, 133 4,165, 403 4,365,555 4,817, 495 5, 270, 785 5, 194, 988 5, 251, 990 No. 13.-Combined resources and liabilities of all Federal Reserve Banks as at close of business on the last Friday of each month during the calendar

80,681 Government deposits.

1, 134

63,367
Collection items.

1,450,743 1, 459, 720 1, 499, 400 1,497, 416 1,440, 413 1,557, 587 1, 435, 196 1,478,639 1,535, 490 1,683, 499 1,488, 893 / 1,587, 318
Other deposits, including foreign Government credits.

602, 667 554, 823
121, 482
111, 840
120,300

106, 992
Federal Reserve notes in actual circulation..

1, 849, 086 1,773, 492 1, 901, 442 1,945, 148 1,994, 745 2,049, 906 2,181, 262 2, 141,553 2, 316,557 2,580, 825 2, 404,6112, 312, 500
Federal Reserve bank notes in circulation-net lia-

1, 234, 934 1,314,581 11, 452, 838 1,526, 232 1,600,968 1,722, 216 1,870, 835 2,092, 708 2,349, 326 2,507,912 2,568, 676 2,685, 244
bility...

117, 122 5,583 12, 629 24, 647 31, 305 35,857

55, 309

3, 169, 375 3, 176, 454 3, 445, 981 3,566, 839 3,686, 300 3,872, 133 4, 165, 403 4,365, 555 4,817, 495 5, 270, 785 5, 194, 988 5, 251, 990

884,111 1,047,516 1,323,052 1, 198, 861 1,305, 634 1, 254,392 200, 758 141, 558

225, 900 340, 022 240, 900 219, 928

302, 709 279, 786 470, 666 271, 754 141,331 223,655 171, 434

232, 891 165, 185 113,506 40,325 28, 141 12,212 12, 229 23, 151

26,937

887, 293 1, 204,587 1, 153, 730 1,086,023 1,507, 425 1,660, 798 2,001,821 1,944,787 2, 190,536 2,006, 611

No. 14.-Principal resources and liabilities of all Federal Reserve Banks at close of business on each Friday, Jan. 4 to Dec. 27, 1918.

[In thousands of dollars; i. e., 000 omitted.)

Gold coin

and
certificates.

Gold
settlement

fund.

Gold with

foreign
agencies.

Gold with
Federal
Reserve
agents.

Gold
redemption

fund.

Total cash Bills discounted.

reserves,
Total gold | including Secured by
reserves. legal Govern-
tenders,

All other.
ment war
silver, etc. obligations.

Bills
bought in

open
market.

United United

States States
Govern-

Govern-
ment long-ment short-

term term
securities. securities.

Total
United

States
securities,

480,072
478, 839
477,301
472,012
469,759
439, 907
446,378
447,508
461, 615
464,144
477,521
470, 529
489, 948
483, 780
488,762
488, 829
486, 820
482, 832
480,580
479,529
478, 460
456, 177
463,622
432,557
438,773
419,907
421, 927

22.
28-29
Apr. 5.

338,687
361, 522
383, 232
388,210
393,624
404,042
386,966
375, 273
357, 299
354, 585
372,508
379, 866
399,568
381, 163
407,971
413, 819
439, 477
437,771
437,444
418,337
407,767
425, 237
417,675
489,610
481,023
491, 425
524,303

52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
52,500
51,280
44,084
17,008
16, 275
16,272

797, 191
784,326
796,727
793,829
781,667
838, 259
852, 375
877,023
885, 346
896,702
869,628
878, 805
852, 192
873,077
857, 492
854,822
824, 218
862, 296
885,027
915,536
930,181
955,919
958, 255
951, 145
957,238
987, 870
962,075

19,270 1,687,720 1,733,030
19,643 1,696,830 1,748,031
19,710 1,729, 470 1,784,307
19,956 1,726,507 1,782,759
19,472 1,717, 022 1,775, 457
19,960 1,754,668 1,813,094
20,323 1,758,542 1,818,736
20,091 1,772, 395 1, 832, 524
20,569 1,777,329 1,837, 773
20,267 1,788, 198 1, 847, 883
21,086 | 1,793, 243

1,852, 193
21,114 1,802, 814 1,862,372
21,496 1,815,704 1,874,063
23, 404 1, 813,924 1,877, 433
23,546 1,830,271 | 1,894,995
23, 179 1,833, 149 1,898, 307
23,985

1, 827,000 1,890,945
24,541 1, 859, 940 1,919,983
27,584 1,883, 135 1,942,500
28, 502 1,894, 404 1,952, 712
29, 115

1,898,023 1,956,056
27,993

1,917, 826 1,975, 709
28,431 | 1,919,263 | 1,977,724
29,507 1,946,903 2,005, 263
30,331

1,924,373 1,981, 111
33, 544 1,949,0212,006, 199
34, 533

1,959, 110 2,016, 163

285,919
277,014
300,268
312,520
305,664
269, 302
249, 603
263,905
249, 195
264,501
257, 621
282, 962
301, 451
304,075
465,625
564, 724
642, 429
606,630
612,324
526, 163
600, 499
562,993
627,025
653,863
544, 193
434, 509
563,496

339, 894
293,651
303, 220
315, 142
301, 114
255, 819
252,313
245, 629
253,330
255, 839
259, 863
260,157
281,777
269, 808
247,182
243,321
259, 314
266, 812
326,717
316, 102
322,800
334,364
357, 467
362, 168
387,077
434,666
613, 286

271,338
258, 710
257, 804
273,912
289, 805
280,705
287, 263
296, 170
299, 213
317,952
323, 248
328, 880
304,065
326,503
318, 857
308,277
302, 844
297,029
286,036
279, 886
278, 221
256,373
248,542
242, 923
232, 472
216,848
211,947

51,167 92,058
49,506 137, 227
45,911 122,310
50,525 72,669
53, 734

78,898
52, 294 · 173,588
52,343 105,981
52,950 169, 707
77,705 157, 482
72,154 182, 822
68,383 193, 980
61,039 226,036
58,190 252,579
60,403 260,400
54,237

142, 143
46, 675

46,295
41,446 37,407
41,183 36,378
40, 116 106,762
41,041 73,043
42,067

32, 476
54, 842 92,082
64, 484

32,601
40,683 33, 179
40,877 35,883
40, 227

218, 839
42,749

17,850

143, 225
186,733
168,221
123, 194
132,632
225, 882
158,324
222,657
235, 187
254,976
262,363
287,075
310,769
320, 803
196,380
92,970
78, 853
77,561
146, 878
114,084

74,543
146,024
97,085
73, 862
76,760
259,066
60,099

12. 19.

31,923 16,358

422, 738 428, 853 418,012 408, 470 395, 410 885,017 385, 072 384,009 383, 228 386, 214 367,660 370, 220 373, 255 372,922 382, 160 376,679 383, 833 356, 437 375,527 371,498 370,938 353, 208 336,516 335, 141 337,365

524, 225 556,154 598, 777 623, 119 606,354 600,083 553,060 520,926 496,531 465, 298 459, 997 437,319 419,665 448,721 416, 413 415,676 449,248 430, 452 433,885 435,892 395, 292 422,491 487,568 461,369 374,758

15, 529 15, 496 11,628 9,696 9,696 5,829 5, 829 5,829 5,830 5, 829 5, 829 5, 829 5, 829 5, 829 5,829 5, 829 5, 829 5, 829 5, $29 5, 829 5,829 5,829 5, 829 5, S29 5,829

963, 147
940, 290
910, 420
902, 793
940,692

961, 498
1,018,767
1,061,597
1,087,760
1,123, 132
1,145, 950
1,161, 731
1,181, 485
1, 157,000
1,173,521
1,184,998
1, 149, 859
1,145,640
1,166,579
1,168,917
1,216,541
1,207,377
1,167,771
1, 194, 228
1,288,309

34, 413

1,960,052
34,655 1,975, 448
35,363 1,974, 200
36,818 1,980, 896
38,149

1,990, 301
40,116

1,992,543
40,323 2,003,051
41,433 2,013,794
43,634 2,016,983
44,086

2,024,559
44, 122 2,023,558
45,714 2,020,813
45, 200

2,025, 434
46,765 2,031, 236
57,390 2,035, 313

2,045, 132
63,460 2,652, 229
73, 233

2,046,591
74,957 2,056,777
78, 129

2,060, 265
76,613 2,065, 213
78,496

2,067. 401
80, 821 2,078,505
82,421

2,078,988
84,013 2,090, 274

2,015, 984 606, 509
2,031,095 601, 403
2,029,329 673,231
2,034,918 685,921
2,044,523 761,576
2,045,523

752, 115
2,055, 266 853,508
2,066,962 896, 228
2,070, 494 1,007,366
2,077,732 1,071,304
2,076,039 1,146,357
2,072, 176 1, 221,533
2,077,371

1,251,787
2,083,358 1,304,383
2,087,685 1, 262,757
2,098, 169 1,092, 417
2, 105,685 1,252, 904
2, 100, 839 1,316, 907
2, 109, 816 | 1,358, 416
2, 116, 257 1,281, 245
2, 120, 371 1,412,511
2,121,367 1,467,322
2, 134, 263 1,483, 849
2, 133, 624 1, 299,524
2, 146, 219 1,400,371

553,283 601,943 628, 920 584,998 570,897 533, 253 540, 247 531, 967 534,608 541, 943 513,789 491, 897 454, 419 450,086 425, 799 453, 747 493,049 480, 271 239,392 428 190 402,684 396, 462 365, 614 306,778 302,567

218,464 205,932 205, 274 209, 185 208,557 212,204 236,566 232,603 233, 766 239, 750 250,032 288,391 310, 817 338,620 370, 136 398,623 377,072 374,522 377,877 369,784 375, 341 371, 406 366, 594 340, 765 303,673

40, 273 40, 259 40,090 36, 237 34,931 31, 497 30,624 30,350 29, 768 29,563 29,022 28, 545 28, 289 28, 214 28, 205 28,251 29, 472 29, 479 29, 478 29, 134 29, 132 29, 196 29, 189 28, 850 28,869

72,196 56,617 57,012 53,810 52,335 64,043 54, 103 56,122 57,798 63,340 70,900 78,643 84,803 94,407 95,943 350,311 118, 222 121, 435 122,927 177,314 121,796 134,802 140. 666 353, 923 311,546

16,922
17,573
17, 404
32,546
23,479
25,772
28,030
33,777
41,878
50,098
56,514
66,193
67,738
322,060
88,750
91, 956
93,449
148, 180

92,664
105,606
111,477
325,073
282,677

61,950