The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-01
WEEKLY BANK STATEMENT.

NEW YORK, Nov. 30.-rhe weekly
statement OF the Associated Banks shows
the following changes:
Reserve. decrease. ..............S 9Sl,j5O
Loans, decrease. ................ 2,tN2,N'h
Specie, decrease. .s............. lnt, iuv
Legal tenders. decrease. ........ l,!A4,2oO
Circulation. decrease. 300
The banks now ho.d $lS.6l3.3 800 in cx-
cess of the - per cent legal require
The New York ffaancier says this
week: The statement OF the Associated
Banks OF New York city FOR the week
ending November Both is nothing more
nor less than hclated report OF the
business of the previous week The
changes are due partly 10 the gold eN-
port movement OF the earlier part Of
the current week. but the included also
the later shipments OF the preceding
week L according TO the statement. the
banks~ lost in cash during the week
S2.225.3pO. of which Sl,?ii.3o was IN
legal tenders and SIX. 100 In specie There
was a heavy excess of interior receipts
at this point during the same period
70 that the decrease In cash more nearly
represents the actual condition OF the
banks. although the statement cannot
be accepted as accurate, in showing
The real standing OF the banks at the
close of the week. The contraction
In loans for the week was 81 go. sol. due
perhaps 10 liquidation On speculative ac-
count more than from mercantile sources.
The total loans of the clearing housc
hanks have been declining steadily since
September 1ith. and the net loss TO date
has been nearly SO ooo.Ouo on the otner
hand. deposits have been contracting
more rapidly. the loss during the same
period having been no less than S5l,p'.-
90 The banks therefore. are In bet
ter position than was the case early In
the yeas on. and the spasmodic advances
in the rNney rate of late are justified In
as IA az they are controlled by the
showing Sull II should not be for
gotten that u Is only too easy 10 attract
Interior funds TO New York and hard
or rate might have this erect, az We'll
as TO temporarily check god exports.
In the months Of April, Nav and June
last the deposits Of the Now York banks
". nj rom 500. 900 600 TO S514, 900 600. and
the reserve increased S26.opOD. Whether
n rapid advance at present In the money
market would start another such influx
IS prohlcmaticai Bankers report that
the South has been slow In renting
Of late. and the movement from there
is rcu ariably light Aside from the
weeks banking In New York means.
II may be said that the business trans
aoted at the clearing house last week.
,-itb n holiday intervening. amounted 10
if2G5.?22 II put into one-dollar bills.
this would make girdle long enough
10 reach around the earth nearly two
and one-half times. The average show.
therefore compared with the last two
years. $500
I,oans-Novembe 20. 1925 $500. o2s 500:
pcce,~ber I. 1894. 500. 400 100: December
D 1898 Sif0 $4,000.
Specie November 20. 1925. SI.3i55nO.
December !, 1891. $ac.J2I.UpO; December
o. 1,0f $40: .3Gc son
Legal fenders-Noyember 30. 1876. $50.
CO S,n. December J. 1884, S1n,6J2. 100:
necember 2 1892 ss3. ga 400.
NJ, dsposlts- November 20. lSD 500.
->c m. pecer,her / 1901 500 SCI. 900: De-
=. ,oie- . fsfs3 1887 345, POO.
rcrlation--November 30 1895. SlS9Si,-
90: December !. 1924, sl1.8l4.ooo; Decem-
Der q, ls02 s1S. 6Ss 200.
Total reserve--November 80. 1898, nSs.-
,io'sSO: December 1. 1894. $l97.lW7OO;
December 2. i0ps sio7 as3. 200 80
1Aserve acknowledgements %. 1870.