Certain large cities in the United States, other than "central reserve cities," in which all "member banks" in the "Federal Reserve System' are obliged to maintain a certain percentage of "reserve" upon their deposits. Such banks may act as "reserve agents" for "country banks," so-called. (Refer to the subjects in quotations.)
"Reserve cities" are designed to furnish large centers in which country banks may deposit part of their funds for the convenience of being able to draw checks on a large money center. On Jan. 1, 1917, the " Reserve Cities" were as follows:
Kansas City, Kan.
Kansas City, Mo.
Salt Lake City