Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-01-17
SIS, 92O-Total amount Of bonds.
new YORK BANKS.

NEW YORK, January 16.-The state
ment Of clearing house banks for the
week shows that the banks hold $25, $685.
ITS more than the requirements of the
rs per cent reserve rule. This is an in
crease of $2.S98,175 in the proportionate
cash reserve as compared with last week
The statement follows:
Loans, 1898, 11O6O0: increase $32,074,-
900.
Deposits. 4o4,45s. 100; increase, $780,
109, 800.
Circulation, 34s.4s4.1oo; decrease, $780,
100.
Legal tenders, $Sss5s.5o increase,
Specie. .2ss. s44, 900; increase, .14,215.-
Reserve ss7s. 7os. 100; increase. ;14,422.-
700.
Reserve required, ss51.114s25; increase.
Surplus. s25.5ss.175; increase. $685.
Ex U. S. deposits, s27.5os. ATS; increase
81, 618, 725.
The percentage Of actual reserve Of the
clearing house banks today was 2706.
The statement of banks and trust COM
panies of Greater New York, not report
ing to the clearing house, shows that these
institutions have aggregate deposits OF
81, las, 949 900; total cash on hand, $112,-
tIo,4UU, dllu lOdIlS dLlOUulluS " Sl,U
$50. 800.
Money on call, nominal.
Time loans. active and steady; GO days.
2sa2A per cent. and 80 days. "a to per
cent: six months, to 3A per cent.
Close: Prime mercantile paper, 81 to 4
per cent. Sterling exchange. steady, with
actual business in bankers bills at 4S4.85
a4S495 for 6O-day bills. and at 4S7.35a
487.4O for demand. Commercial bills
4S44sa4S4A. Bar silver 52ss. Mexican
Railroad bonds. strong.
The Financier will say:
The statement of the associated banks
OF the city Of New York for the week
of the very heavy increases and decreases
which have been a feature Of the reports
for some time past. Taking the, actual
condition of the banks of Saturday as a
basis loans were expanded 81, 559. 800,
the cash increase was $1O,356. 400, while
deposits rose $37, 225. 800.
The large increase in deposits of course
swelled the amount of reserve required,
but despite this fact the reserve on all
deposits Increased $1,O49.9 $50. standing at
the end of the week at 1851. 400. The
banks gained for the week ending Satur-
day fully 100000 from the interior and
nearly $8,OOOOOO in operations with the
subtreasury, but the gold exports of about
So oOO, 600 decreased the full measure of
the flow of currency into the New York
institutions.
The statement was complicated through
operations between the banks and trust
companies, the summary of the latter
showing a decrease of $14.OOO.OOO In de-
posits Of the week, while loans were de-
creased SIT. 972 900. The state banks and
trust companies not reporting to the
clearing house gained approximately ST.
5OOO 600 in their cash holdings. 1t Is a fact
! worth noting that the deposits of the
government In New York banks amount
to less than $7.OOO,OO showing de-
crease of about 100000 during the
week. traceable to the fact that the banks
are anticipating the recall by the Treas
| ury of $25OOO,OOO in public funds now
| deposited with banks. Money Is flowing
| freely to this center from the interior,
| and even the gold exports are not suffi-
| cient to counterfeit the gain which New
York banks are making from this move
ment.