The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-08-25
WEEKLY BANK STATEMENT

NEW YORK, Aug. 24.-The statement
Oh the Associated Banks for the week
ending today shows:
Loans, 1881, S37, 400, increased 81 OPT 100
Deposits 1868. 149 800, increased 81 520 400
Circulation $29, 2G7, 600 decreased S3i 400
ood Legal tenders ST, 25S,9 900, decreased SS09,-
| Reserves $3.50, 1856, 800 increased s6oe 3oo
$3.50, 100. wv -i-1'
Surplus SIS $a5gg,;14S1Oo decreased s27a.Seo
turns of the New York Associated hanks
last week was largely affected by what
may be characterized as extraordinar ~
movements not only through subtreasury
operations, but through the interior
transfers of money. Early in the week
the subtreasury paid 81, see ESQ and later
$4cVOO9 Tor assay office checks represent
ing Australian and Yukon gold which
mad been deposited at Pacific coast as
say Offices. Disbursements for pensions
Were large, amounting to s.. 600. and
Dond payments were 1918. 0S1. The vari-
Gus items made a total Of $4149,501. The
extraordinary receipts by the subtreas-
ury were 81 100000 which amount was
deposited by the banks for transfer TO
the interior--$3G0, 600 to New Orleans and
3oVOVO 10 chicago. Deducting these re-
celptS from the disbursements, as above
leaves 81, sol. 1t should be noted. how
ever, that the payments for Australian
sold probably counted in the bank aver,
ages for ONLY four days while the re-
interior counted for but two days of the
week Net ordinary expenses Of the sub
treasury were large customs and internal
revenue receipts, and served to counter
balance the net extraordinary disburse-
InentS, as above, causing the banks to
lose on SubtreaSury accounts S162 00O The
interior movement of money so far as
traceable, resulted in a gain to the banks
of S1,245,1 ia, and deducting the loss to
the treasury of $l62 600 as above there
was an apparent gain in the week 8
movement of $1,000. 600. Towards the end
OF the week, however, there was an ur.
gent demand for Philadelphia funds
which caused the shipment to that city
OF various amounts of currency. various
~ estimated at from 81 100000 to So, co.,
900. If either Of these sums were sent
to Philadelphia, it follows that the APP
parent gain on the weeks movements
was wiped out. 1t should be observed
however, that the cash sent to PhiladeI-
phla Will be promptly returned when
payments shall have been made for
bonds for which the money was re-
CURED 1t appears quite probable that
the movement of cash to Philadelphia
was really below the minimum amount
estimated. The loans of the banks We're
increased by S3G27, 100, which sum may
be regarded as fair, considering the dis
position of bank managers generally to
cuftaH discounts as much as possible in
view of the tendency of the demand
from the interior for the crop movement
The deposits were augmented So, 500, 400
WHICH very closely correspondent with
the gains in loans and in cash; hence
the statement was harmonious in this
respect. The surplus reserve was reduc-
ed by the comparatively small amount
of 2l5,S69 to Sl814S,l00. Borrowers need,
1t would seem, to be under no apprehen-
sion regarding the supply of money for
all legitimate objects, though doubtless
lenders will seek to convey the impress
sion that because the inquiry for crop
purposes has actively begun, rates for
loanaDle funds should rule higher. On
Monday of the current week the treasury
will receive 81 600. 900 four per cent bonds
the delivery of which has been contract
ed for. and probably there Will be con-
siderable money paid during the week
on assay Office checks, representing Yu.
ken gold deposited at San Francisco.
TREASURY STATEMENT-W ashing-
ton, Aug. 24-Today's statement Of the
treasury balances in the general fund.
exclusive of the $50. 600 GEO gold reserve
in the division Of redemption shows:
Available cash balances. 6G46,94G; gold,
f1G5, 269 J73; silver, S24 ,2SS; United States
notes, $I1,G65. a35; treasury notes of 1885,
S55, 6I3; national bank notes s8,GS453S to-
tai receipts this day, S.364172; total re-
ceipts this month. S35. SO, 296; total re-
ceipts this year SSS,143 $50; total expendi-
lures this day, 81 155. 600; total expendi-
lures this month, S32. TO. 600; total ex-
pendhures this year, $50. on $50; deposits
in national banks 1923 919: national
bank notes received today for fedemp-
ltOH, 9d-o,Dots government receipts from
internal revenue $764, 125; customs, s579,-
TO; miscellaneous. $19,7oG; expeditures,
i. i55 zoe.
NEW YORK MONEY-New York. Aug.
A.-Close: Money on call steady at 2B
per cent; prime mercantile paper, HOS
per cent; sterling exchange nominal. wiz
actual business in bankers bills at Sfs7
for demand, and 81 .S412W5s for sixty days;
posted rates. A.s5M ard s4.2S: CONNER
cial bills, s4.S3a49l4. So; bar silver, 5314c;
Mexican dollars Bic
SPECIE MOVEMENT - New York
Aug. 24.-The imports Of specie this week
were: Gold, s56,5sl: silver s4S,519: dry
goods and merchandise 81 s95 30. Exports
CT gold and silver from this port to all
countries for this week aggrl ~ te S665, $50
silver bars and coin ard $3.50 gold.
BANK CLEARINGS.
ST Paiii--slG1, Ss7
Mirneapolis-$1.S2 7, 036
New YOrk-S1G4 800, G99.
Chicag n-Sf9 758, 715.
aSS