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No. 8.-Federal Reserve notes outstanding (i. e., net amount issued to Federal Reserve Banks), in actual circulation and gold and paper collateral held by Federal Reserve agents against outstanding notes.

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Federal Reserve

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1,366, 335

269,951

41, 158

11.

486, 082

797, 191

569, 144

608,324

1,368, 148

39, 180

264, 490

115, 130

18.

42,317

1,251, 205

477,519

784,326

583, 822

608, 898

1,373, 105

25,076

274,000

125,949

25.

46,182

1,242,199

476, 545

796, 727

576,378

609, 056

1,373,632

32,678

Feb. 1..

276,894

134,308

45, 596

1,238, 797

471,339

793,829

579, 803

634, 363

1,367,858

269,862

54, 560

138,698

8.

44,872

1,234,934

466,933

781,667

586, 191

628, 792

1,373,660

42, 601

296, 717

131,757

15.

43,830

1,236, 101

497, 712

838,259

535, 401

574, 704

1,392, 484

39, 303

290, 923

112, 441

44,512

1,261, 219

21.

516,940

852,375

540, 109

575, 434

1,429, 732

35, 325

292, 877

111,439

Mar. 1.

45, 699

1,281,045

538,447

877, 023

552, 709

732,855

1, 464, 645

180, 146

276,987

115, 151

49,747

1,314, 581

8..

558, 612

885,346

579, 299

782,777

1,505, 213

278, 207

203, 478

113, 554

47,986

15.

570, 509

1,351,091

896, 702

608, 511

813,275

1,520, 296

204, 764

266,824

121, 223

47,984

1,383,990

22.

554, 820

869,628

650,668

821,052

1,558, 705

170, 384

271, 658

114,068

29.

47,021

560, 126

1,406, 228

878,805

679,900

852,674

1,563, 987

172,774

253,524

129, 196

Apr. 5.

48,926

1,429, 509

549, 742

852, 192

711,795

1,607, 627

863, 471

151,676

252,391

12.

50,038

111, 149

1,452, 838

570, 648

873,077

734, 550

876, 860

142,310

1,625,698

245,251

127, 707

48, 504

1,479,920

19.

563, 737

857, 492

768,206

1,006, 691

1,639,056

238,485

243,530

126,321

26.

50,043

1,499, 377

561,249

854,822

784,234

1,077,622

1,640, 656

293,388

245,954

124, 769

May 3.

50, 521

1,514,287

527,743

824,218

816, 438

1,170, 359

1,671, 168

353, 921

249,955

114,424

1,526,232

49, 061

10.

563, 280

862,296

808,872

1,707, 522

1,118,009

309, 137

114,508

253,452

48,554

1,556, 660

17.

583, 021

885,027

822, 495

1,178,056

1,710,240

355, 561

236,950

137,904

50,004

1,569, 618

628, 582

915, 536

794, 704

1,081,095

286, 391

140, 795

1,569, 445

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No. 3.-Federal Reserve notes outstanding (i. e., net amount issued to Federal Reserve Banks), in actual circulation and gold and paper collateral held by Federal Reserve agents against outstanding notes-Continued.

[In thousands of dollats; i e., 000 omitted.]

Gold cover for notes issued.

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No. 4.-Total Federal Reserve notes in circulation and per cent of gold cover therefor during the calendar year 1918.

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against net deposits, 35 per cent.

against

serve notes

Federal

Federal Re

in actual

Reserve

serve notes circulation.] notes in

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Balance available

as reserve

1918

Total cash reserves.

Reserves required against net deposits, 35 per cent.

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against Federal Reserve notes in circulation.

serve notes

Federal

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