Circulation of Federal Reserve notes at close of business on Fridays, Sept. 29 to Oct. 20, 1916. Statement of Federal Reserve Agents' accounts at close of business on Fridays, Sept. 29 to Oct. 20, 1916. Statement of Federal Reserve Agents' accounts at close of business on Fridays, Sept. 29 to Oct. 20, 1916—Continued. [In thousands of dollars.] EARNINGS ON INVESTMENTS OF FEDERAL RESERVE BANKS. Average amounts of earning assets held by each Federal Reserve Bank during September, 1916, earnings from each class of earning assets, and annual rate of earnings on the basis of September, 1916, returns. 1 Large line of acceptances retired before maturity at rebate rate of 1 per cent less than rate at which discounted. 1 Rate for bills of exchange in open-market operations. 2 Rate for trade acceptances bought in open market without member bank indorsement. Rate for commodity paper maturing within 30 days, 34 per cent; over 30 to 60 days, 4 per cent; over 60 to 90 days, 44 per cent; over 90 days, 5 per cent. NOTE.-Rate for bankers' acceptances, 2 to 4 per cent. |