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TABLE OF CONTENTS.

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Federal Reserve notes in circulation and per cent of gold cover therefor--

Movement of earning assets of all Federal Reserve Banks----

Deposit and note liabilities, also cash reserves of all Federal Reserve

Banks.---

Total cash reserves and excess reserves of all Federal Reserve Banks...
War paper and total bills discounted by all Federal Reserve Banks and

The Federal Reserve Banks of New York during 1918-
Operations through the gold settlement fund.----

126

127

169
198

1915

1916

1917

1918_

761-870

761-789

790-823

824851

852-870

PART I.

REPORT OF THE FEDERAL RESERVE BOARD,

WITH EXHIBITS.

V

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