Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-11-01
NEW YORK BANK cLEARANcEs.

NEW YORK. October 31.-The state
ment of clearing house banks for the
week shows that the banks hold $33 $780,
125 more than the requirements of the %
per cent reserve rule. This is an increase
of sos. 125 in the proportionate cash re-
serve, as compared with last week.
The statement follows:
Loans. 81, 1913 365, 600; decrease, So O61 800
Deposits. $1.411.416.3 800: decrease, S6716,-
100.
Circulation. $50. 9ss, 500: decrease. s212.-
400.
Legal tenders. ss1. $50, 800: increase,
$157,9OO.
Specie. S305. 162 400: decrease. $1.127. 500
Reserve. 1886. 443 200; decrease, S969.9oo.
Reserve required, $780,. s54.O75; decrease,
81 ,670. O25.
Surplus, $50. $50 1875; increase, s7O9,125
Ex-United States deposits, $50, 902.31
increase. $71O,32
The percentage of actual reserve Of the
clearing house banks at the close of bust
ness yesterday. was 300.
The statement of the state banks and
trust companies of Greater New YORK
not members of the clearing house shows
that those institutions have aggregate de-
posits of 81 ,0S3. 5O5, 400: total Gosh on hand.
$1O2, $50, 400, and loans amounting to S9'6,
1O5, 400
Money on call, nominal.
Time loans very dull and steady; sixty
day. 21aa3 per cent, and ninety-day, 3a3ha
per cent: six-month. 3ia per cent.
Close-Prime mercantile paper, to ~
per cent: sterling exchange weak. with
actual business in bankers bills at .S3loa
asa for sixty days and at 4.S6a4 1910 1o1
demand. Commercial bills, 4.S51aa4. 1895
Bar silver, SOS; Mexican dollars. 40; gov
eminent bonds, steady; railroad bonds, IT.
regular.
The Financier will say:
The statement of the associated banks
of the city of New York for the week
ending October 81 showed q somewhat
unexpected decrease in loans of So 49,,
800. There was also decrease OF $3,3sl, ;
200 in cash. which did not agree with the
estimates made earlier in the week. l,
is known that the movement of currency
has turned and is now in the direction OF
New York, whereas, in past years, the
return flow of money from the interior
was never of much volume until the enc
of the year and during the first month OF
the new year.
The banks last week lost little over
81, 100000 to the Treasury and shipped
500, 600 worth of specie to Canada, bu
received over $2,OO0,OOO from the govern
ment on account of gold shipped from The
west. The decrease in deposits for tn,
week amounted to $14 ,55o 800. which close
ly corresponded with the changes in loans
positS lowered reserve requirements by
something like three and half million
dollars, so that while the banks lost or
actual computation $3,3S1 200 in cash, thu
surplus reserve was increased s2o7o2o
standing Saturday at $50, 49S,975, or a
q 55 per cent.
The summary of the state banks ant
trust companies in Greater New York
not reporting at the clearing house
showed only moderate changes. loans in
e,tv,<p <rlyo nn@ holf 1ioy, al ny
and deposits two and three-quarter mil
lion dollars. The changes for the week
both in the case of the associated bank
and the outside institutions, were due t.
a number of large operations, but tn,
changes after election will probably b.
greater still in all leading items.