Report to the Federal Reserve Board

Report to the Federal Reserve Board

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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. 1916 edition. Excerpt: ...and in the wholesale trade, and the cessation of highway and construction work, with the approach of winter, caused more than the customary unemployment in this district in the late fall. At the close of 1920, unemployment was reported slightly in excess of normal, and appeared to be increasing. The gen'eral trend of wages during the early part of the year was upward, but this tendency ceased in the early fall, about the time announcements were made of reductions in the prices of various commodities and in the wages of eastern mill operatives. There have been no strikes or labor disturbances of consequence in this district this year, although there was considerable unrest during the spring and early summer months. Table 1. COMPARATIVE STATEMENT OF CONDITION OF FEDERAL RESERVE BANK OF SAN FRANCISCO. RESOURCES. 1920-Gold and gold certificates.................................... '$28,628,893.00 Gold settlement fund--Federal Reserve Board................ 23,723,928.31 Gold with foreign agencies....., .............................. 151,800.00 TOTAL com) HELD BY BANK............................... $52,504,621.31 Gold with Federal Reserve Agent............................. $1l9,060,070.00 Gold redemption fund........................................ 10,368,658.97 A TOTAL GOLD mssaavns..................................... $181,933,350.28 Legal tender notes, silver, etc.............. 1.................. 1,161,755.55 TOTAL RESERVES.......................................... $183,095,105.83 Bills discounted: l Secured by Government war obligations..................... $51,546,008.69 All other................................................... 116,051,995.00 Bills bought in open market................................... 46,798,233.52 TOTAL BILLS 0N...show more

Product details

  • Paperback | 150 pages
  • 189 x 246 x 8mm | 281g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236748905
  • 9781236748904