No. 40.-- Total investment operations of Federal Reserve Banks during each month of 1918—Continued. Federal Reserve Banks. August. Dallas. $69, 044, 935 Total, 1918. 3,955,611, 937 4,953, 969, 540 6,793,018, 635 63, 282, 160 5,569, 708, 767 79,644,600 8,118, 733, 819 47, 414,530, 717 No. 41.--Average amount of earning assets held by each Federal Reserve Bank during 1918, earnings from each class of earning assets, and annual rates of earnings. Average balances for the year of the several classes of earning assets. Earnings from Bills dis- for members counted for United States Municipal war Bills bought in open marand Federal securities. Total. members and in open mar rants. Federal Re- ket. serve Banks. $76, 415, 140 $22, 217,329 83,648, 332 $102, 280, 801 $3,068, 027 $931, 701 New York. 439,075, 629 133,095, 779 50,390, 477 $69, 761 622,631, 646 17, 736,261 5,411, 821 Philadelphia 75,556, 041 18,375, 123 7, 135, 005 1,068 101,067, 237 3,241, 105 756,313 Cleveland. 73,080,025 27, 175, 073 17, 721,554 117, 976, 652 3, 124, 696 1,141,584 Richmond.. 54, 299, 950 6,410, 716 3,392, 338 64,103,004 2, 390, 422 273, 634 Atlanta. 41, 159, 081 7, 199, 908 3,745, 698 68, 795 52, 173, 482 1,758, 075 302, 231 Chicago. 150,018, 487 29,574, 709 11,560, 288 13,699 191, 167, 183 6,447, 466 1,253, 259 St. Louis 51, 755,325 5,406,798 3,627.370 60, 789, 493 2,218,069 226, 164 Minneapolis. 33, 463, 611 4,851, 231 3,813, 867 139 42, 128, 848 1,547, 842 211, 602 Kansas City 55,732, 674 3,707,610 12,069,015 71,509,299 2,643,113 157, 962 32,083, 680 4, 288, 783 6,039, 743 197,168 42, 609,374 1, 497,379 175, 885 San Francisco. 57, 413,505 26, 119, 331 5,088, 635 88,621, 471 2,671, 397 1,097, 130 Total. 1, 140, 053, 148 288, 422, 390 128, 232, 322 330, 630 1,557,058, 490 48,343, 852 11,939,7803 1 1917 figures are exclusive of purchases of certificates of indebtedness. * Includes $213,607,152, bills discounted for or purchased from other Federal Reserve Banks. No. 42.-Calculated annual rate (per cent) of earnings from total investment holdings for each Federal Reserve Bank, by months, during the calendar year 1918. Exhibit E.-GOLD SETTLEMENT FUND. No. 43.-Condensed summary of transactions, Jan. 1 to Dec. 31, 1918, both inclusive. Aggregate Aggregate deposits and and transfers from agent's iund. Summary of changes in owner- Balance at Debit. ('redit. Net Total Total Wet Decrease. Increase. 31,784 7,097 47,171 154 3,734,000 3,765,781 4,945, 855 5,124,824 3,728,034 4,234,381 9,435 25,759 60, 436 38,759 150, 330 90,934 2,327,985 2,401,211 950 21,050 105,500 115, 400 108,574 87,680 1, 435, 555 1, 439, 844 7,941 103, 140 561,078 493,402 152, 219 628,685 5,754, 276 6, 103, 969 14,098 12,485 97,978 62,361 94, 140 45,421 2,893, 465 2,945, 891 138 16,752 58,138 43,952 209, 452 17, 187 1,288, 169 1,497,607 1,753, 900 2,277, 779 910, 353 997, 112 2,488 96,700 133,448 138, 111 551, 500 218,722 1, 190, 143 1,513,972 16, 605 178,909 4,289 82, 426 86,759 37, 295 6,302 6,935 126, 129 16, 195 Balance Federal Reserve Bank of. Jan, 1, 1918. drawals Boston. 14,977 Total. 311,611 102, 1:33 2,000 693, 181 1,614,730 1,706,012 4,812, 105 4,812, 105 2,670,339 45, 439, 487 45, 139, 187 2,670,339 401,926 238,31+ 238,314 No. 44.-Weckly operations through the gold settlement fund during the calendar year 1918. [In thousands of dollars.) Date. Total clearings. Total transfers. Total combined transfers and clearings. Total bank. Combined Transfers. Clearings and transfers Clearings, debits in combined. fers for Net debit. Vet credit. Vet debit. Vei credit. ' Net debit. Net credit. 1918. 15,752 23,900 99,652 13,337 30,500 43,837 24, 330 16,000 40,330 1, 422 52,422 41,000 8,217 51,000 3,736 8,000 Jan.3 20,000 536,945 36,400 75,000 81,600 573, 345 901,346 160,147 203, 297 251, 710 271,157 208, 438 207,878 201,467 240,142 183,098 253,017 221,385 213,710 260,840 248,987 230,079 282,915 306,703 246,172 288,846 299,908 162,147 46,123 7,493 4,000 24,217 16,605 34,000 56,000 8,522 31,000 33,972 11,249 36,910 46,189 10,161 |