Federal Reserve Bulletin Volume 5

Federal Reserve Bulletin Volume 5

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ...Cleveland, and San Francisco banks only, the total for the month bein $3,204,531, as against $4,087,988 the month efore. The average maturity of all bills urchased in the open market averaged 42 ays, as against 42.69 days the month before, While the average rate of discount charged on these bills remains unchanged at 4.24 per cent. Holdings of purchased acceptances on the last of the month show a further decline to $180,319,000 from $235,614,000 held at the close of March. Of the smaller total all but $2,563,000 were bankers' acceptances. Nearly 79 per cent of the latter, or $140,250,000, were member bank acceptances, compared with $185,207,000 on the last of March. Of the $2,563,000 of trade acceptances held on the last of A ril practically the entire amount was msde upo foreign-trade acce tances, reported largely by the New York and an Francisco banks. Total investment operations of each Federal Reserve Bank during the months of April, 1919 and 1918. (Figures do not include red iscollnts and sales of discounted and purchased paper between Federal Reserue Banks.) I Exclusive oi $22,000 of War Finance Corporation bonds temporarily held pending payment by subscribing in tltutions. Average amount of earning assets held by each Federal Reserve Bank dun' April, 1919, earnings from each class of earning assets, and annual rates of earnings on basis o April, 1919, returns. Average balances for the month of the several classes of earning assets. Federal Reserve Bank. Discounted Purchased United States Municipal Tom, bills. bills. securities. warrants. ' Boston......................................................... $157,110,903 88,388, 494 $16, 578,423 J................ $182, 077,820 New...show more

Product details

  • Paperback | 748 pages
  • 189 x 246 x 38mm | 1,311g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 123688986X
  • 9781236889867