New-York tribune., 1879-05-19
Cleveland
SATURDAY. Msy l7--P. NJ.
A Anticipated. the bank statement for this

As anticipated. the bank statement for this
week shows large loss S4425s0O of legal-tenders,
because of return 10 the Treasury, payment for sub
scbed per cents Of portion of the currency that
Treasury had. paid out for called skies 1t is
evident also that the statement of legalenders
is made up on adeclinng average. because the cur
rency balance of the Sub-Treasury to-day was still
further augmented $s59,O5l. The various move
ments OF the week Were uueGualy distributed
among the several banks as were the move
ments Of the two proceeding weeks. Thirty
four banks report loss Of legaltonders, of
which the City Bank reports S1.19S 100; America.
S1,15140O; New-York, $975700; Commerce. S7O2,-
600 First National, $616700; and Chemical 1851 900
total for the six banks named 5226400, Twentyfour
banks report gains oflegatenders the most important
amount being reported by the Market. S93f, 400.
The loans were EXPANDED 900, of which nine
banks out of the forty that report expansions furnish
SS.617 geo, follows: Commerce., 50 l10.4O0: I'm
portels' and Traders, ST0501Oo; Fourth National
1929 400; Broadway 99s 700 AITchaAts' S747, 800;
Mechanics, 500 600 American Exchange. S66l 900
America, S65670O lana Patk$652 400 Fften banks
port loans reduced 1he most important reductions being
those of tile Continental 1921 500 and First National
S34GSO
The deposits were Increased S5,4S75O0, with the
same irregularities noted in the other items SIX Of
the thrfythree banks reporting increase contribute
S6,72s4O0 or 200 more than the total increase
all the banks. These banks are Commerce, $1,3iL
National, S12201OO; Market, $1,l37.9OO Mechan-
ics' 81 045 800; and Third National ST21300 Twenty
four banks report loss of deposits notable among
which are the First NstOna, S1.174,0OO; City, Ss19-
300; America. S5l5 200; and New-York S500,500 !;
total loss by the four banks named, S3,009,00O The
chief benefit in noting these Irregularities is the lesson
they teEcl, thatunder the extraordinary conditions I-
posed by the rapid refumding of the public debt
there is little significance in the present bank state
The total Of reported loans, S253 S3S 800, and
the total Of deposits, $3.50, ,i24700 exceed the
reached at time during 1873 and greater than
any time since July z, 1871 when the loans
1898, 500 and the deposits were S23I Pos, ,GOO
The balance between the two sides OF the account
shown by the published items indicates that the banks
lost 81 90 i5OO country bank notes in addition 10 their
loss egai-tendrTs Tie result OF the weeks changes
ing II now SlO3OS, O23 against Sl4, ,l2S.715 May
IS, 1878 Compared with the corresponding date
1879 the present statement shows Loans increased,
&20715,9O0; specie decreased, S4,2GG,3OO; legal
tenders increased, $S13O,S0O; deposits increased
1873 600; aDd circulation decreased. $685. 900. Tie
total deposits. against 32.59 last week and 3207 Tor
May Is, 1875 Tie following are the comparative totals:
May 10. May IT, Differences.
800 $253S3SjcO Inc. SlOS9G9Ou
5aS9 5aS99S iS7sSsSS Dec Dec 495 5S9
Deposits 22Ag37.20J 230i24EOO Inc 5,45s.5OO
Circulation ..-.-. l96SSO9O l96s5,GyO Dec. 900
The following shows the relations between the total
reserve and the total deposit liabilities:
May To- May II. Changes.
Specie......-.. Sl&74bt00 Sl6,16l9nO Inc. SlN,3OO
Lega-ttnders.A. 53.57G7OJ 49l509Oo Dec 4425,soO
Total reserves. s723225GO sG79I4sOO Dec. sL4O75OO
u.s. oooo,irsIc sIc,t,sits ~ oqt 9Oo ~ coe 1-5