Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-02-16
NEW YORK BANK STATEMENT.

NEW YORK. February 15.-The state
ment of clearing house banks for the
week shows that the banks hold S3O.soO-
2c5 more than the requirements Of the %
per cent reserve rule. This Is an increase
of s1,Ols,05O in the proportionate cash re-
serye as compared with last week. The
abatement follows:
Loans, 81. 135. 24s, 200; decrease. s4,5O7 800.
Deposits, s1.l32. 300. 100; decrease, $o.O75.-
100
Circulation, SOS, 72S. 800; decrease. $685.
500
Legal tenders. $50. SOB. 300; increase.
$4O6. 800.
Specie, $25s 424.2oo: decrease. $657. 100.
Reserve. $3l3. 927, 500; decrease. $3.50 800.
Reserve required. s3.oT,275; decrease.
Surplus. $50, $50. 22o; increase. Sl.O1S,O5O.
Ex-United States deposits, $Ao, I24OJO;
increase. S973. 100.
The percentage of actual reserve of the
clearing house banks at the close of bust
ness yesterday was 2H13.
The statement of banks and trust COM
panies Of Greater New York not members
of the clearing house. shows that these
institutions have aggregate deposits OF
$731, 500 800; total cash on hand, $Sl .O76.-
Money on call nominal Time loans
steady; sixty days, :. and ninety days.
AZ; six months 4lza4%.
Close: Prime mercantile paper. 5Aa6 per
cent. Sterling exchange weak. with actual
business in bankers bills at 4S5 -S0a4S5S1
for demand. and at 49, 25a4S2-3 30 for sixty
day bills. Commercial bills. 4s2a4s2h Bar
silver, ssh. Mexican dollars. 411a. Gov
eminent bonds steady. railroad bonds
steady.
The Financier will say:
The exhibit of averages of the clearing
house banks showed the comparatively
small decrease of $250.SO in cash. De
posits were reduced $5,07j.4OO. and hence
reserve requirement decreased s1.26S $50;
deducting therefrom the loss of cash left
81 .O1s.05O as the increase in surplus re-
serve 10 $40. $50. 225; loans decrea sed
a jO7, 100 The actual condition OF the
banks, as recorded in the statement.
showed small changes compared with the
averages: loans were two and one-quar-
ter millions less. specie 100000 smaller,
legal tender one and two-thirds millions
greater and deposits thre and two-fifths
millions less
The statement of state banks and trust
companies not reporting TO the clearing
house showed an increase. compared with
the previous week. of s.. $50. 800 loans, of
s2246.SOO specie and of 1882 500 de-
posits; legal tenders showed a decrease
of $10S 900. Comparing the changes in
these items. as shown by the associated
hanks with those indicated by state
banks and trust companies in this city.
as herewith given. IL will be that
contractions In loans by the former were
offset by expansions OF one million by
the latter: the cash loss by the asso-
ciated banks was offset by nearly two
millions gains by state banks and trust
companies, but the latter contributed by
a gain only of six and four-fifths millions
toward offsetting the loss in this item by
the associated banks.
eliminating the item of due from OF her
banks and trust companies in New York
city from the deposits of such banks and
trust companies. the total of $500, 49,. 800
is shown; adding this to the 81. 132 300 loo
of clearing house bank deposits shows a
total Of 1852. 642 600 as the combined
deposits Of clearing house and state banks
and trust companies in this city.