New-York tribune., 1908-02-09
LOW RESERVE SHOWN
DECREASE IN DEPOSlIO.
First Issue of Statement Including
State Banks.

There was some slight delay yesterday IN issuing
the new and enlarged bank statement WHICH
when IL was printed finally on the Stock E&ei'aise
and news tickers at 12:15 -. m gave the most
co,,4,re,erasve report OF the exact condhoh oi i'
,ha city hanks and trust companies at the cose
Of business on Friday ever made public Inc oh'S
exnected features which were missing were tie
aggregate averages, which were easily coinpu'e"
,,v combining the averages OF the SleaI'hs h'
institutions and the state banks, ana the per
con.sge of actual reserve to deposits in the case
10 the state banks These figures II IS uhoei-
stood will be printed next week
Bankers. brokers and customers soahhe" 'ie
,,,~.s .aga-1x First came the regular bank
statement, giving the average ooio-i'oH Vi
Clearing House institutions, and showing oe-
crease in reserve OF sIesSi increase OF oflS
Of e CSC $40 and a decrease in deposits OF $L'-o''
This Was followed by the percentage of ae1u2l re-
serve to total deposits for the associated Da''N'
which dropped to 27s2. against 2S96 last "eeh
Next came the actual totals OF me le1-'A7
House banks the close OF business on Fi'0'-s'
something never before made public 1hefe were
no striking changes between The actual hgnFTs 7'iu
the average ,,-
Last came the figures which were most eas.-F cas-.
awaited giving as they did the average cohi'i0ii
:. a., go hanks and trust companies outside OF
-be Clearing House at The close Of business on
dax as sent 10 the State Banking Department. u''
der the new ruling OF Clark Williams S'a'e SUP Up
tnrendent o- Banking. These figures sho"eo ''
dn-o
sss AS 500 against total deposits in the ASSOCIATED
Banks Of s. 49, eel. .cs0 Loans Of the state pahhs
and trust companies outside OF the Clearing ffous
we're go 2se 500. against loans by the Associated
Ranks of NlS5 1915 soc In the legal tender anu
spec:e items the Associated Banks showed totais
shout six times as large the state insClu'l0iiS
ou;ide- -oo
The aggregate averages show loans OF SlsIVeIo''',
deposits Of 81 80 s63 600 specie 10 the amount OF
600 go GO and legal tenders Of SO, ,S5l,Ioo-
The percentage of reserve TO total deposits IN 'ie
ease Of the state banks and trust companies was
1m Tho fact that the Clearing House did nor
print these percentage figures for the state lnsulo
tons seemed TO cause little annoyance among me
officials Of the state institutions but the reason 10Y
the emission p-oba blv was because the State Bank
ing pepartment officials sent 10 the Clearing House
only the total reserve figures, SiS3,o22,Sc1
To show how heavily the statement OF the Asso-
ctated Banks cuts into the figures Of the outside
state banks and trust companies, for the reason
that so many of the large state institutions are
members Of the Clearing House. il may be men
toned that the deposits of state banks IN me Ceai
ing House were Sl9S.223,la
Before leaving New York for Albany yesterday
the State Superintendent OF Banking issued the
following statement
The promptness with which the hanks and trgs
companies have made their first report 10 thls Qe
partmenI under the recent order Is very sta'41S
ing All the banks and trust companies IN IN
metropolitan district under state supervisor mum
herring ffty-seven eno forty-elglI f
Dect5vey. have rendered the statements ca4ed I0i
With the necessary elimination OF reports OF th'
stale banks which are members oL u's .a-
House. and the combiraton OF the sIateInell
made this department with the 1iearlhs f1ous g
statement, are erapied 10 know IoI tiie ~.
time the general condition OF the banking lisutu
lions Of TIE city Of New York.
The reports, which will De made WeeHly 10 I'M M
department will only accomplish this result
but win afford op2oTtlnty TO keep more s1 e9sety tg 4
companies under state supervision