Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-10-01
NEW YORK BANKS.

NEW YORK. September 30.-The state
ment of clearing house banks for the
week shows that the banks hold $751;.
$50 reserve in excess of legal require
ments- This is decrease of s503.2J0 in
the prOportiOnate cash reserve as COM
pared with last week.
The statement follows: Daily average
Loans. 81, 1"2. 1i60n, decrease, SS,5+S.-
600: specie S3Is, ISL 900, decrease. s1,173,-
coo; legal tenders, $50, 156. O00 decrease,
1860: net deposits. 81. I9I, 161.ON. de-
crease. Ss.111.o00; circulation, 900,
Increases. lII.tED: circulation, Sf3,.sEitGU.
Increase. S303. ctD: banks, cash reserve i'm
vault. $3.50. Ia. coo; trust company's cash
reserve in vault, St4 go; aggregate
cash reserve, S431 ,c3I.G eco: excess lawful
reserve. SD $50, 10 decrease, 1858 80;
trust companies reserve with clearing
house members carrying % per cent cash
reserve. $50, 410.OtD
Actual condition-Loans 81 500 2O6 900;
decrease. 81. i31.1s1 Specie, S346, 1876, 600;
decrease. S3,4sS.0to. Legal tenders, $50
O1H,Wn, decrease, SSS1,00o. Net deposits.
81, l92 600: decrease. S..16J,0O0. Circu-
lation. so 33I 900: increase, $67T 600
Banks cash reserve in vault 1858 3;3I 900.
Trust companies cash reserve in vault,
SCI SIS. Usj. Aggregate cash reserve. S42S-
2i5.oU1: excess lawful reserve. s21. 624 $50:
decrease. S2.G10,25o. Trust companies re-
serve. with clearing house members car
ryinS - pr cent cash reserve. $50 $3.50
Summary of state banks and trust COM
panies i'm Greater New York, not report
ing TO the New York clearing house:
Loans. s6l3. lUD; decrease, 81. 192.20O
Specie, 635l3.Gt0: increase. s37. roo Legal
tenders, l,2;ss.t5)0; decrease. S1J6, $40
Total deposits $1O2, 295, 700; decrease ST.
$4,000.
Prime mercantile paper. AZ, per cent
Sterling exchange. weak, with actual bus
iness in bankers bills at 1870 for sixty
DAY bills, and at 1856, ~ for demand. Com
mercisl bills, fSl.T;I. Bar silver, J24
Mexican dollars. 10. Government bonds
steady. Railroad bonds steady.
The Financier will say:
The New York clearing house banks for
The week ending September 30 reported d
decrease in cash amounting 10 Si.4I5,OOO.
which agreed approximately with known
operations. the banks having lost through
the SubtTeaSury. while they gained to n
slight extent from the interior Consid-
erlng the excited state of the stock mar
ket and the unusually large transactions
for the past five or six days. the decrea Sc
of - +;f.tcr in loans was very moderate.
Deposits. owing To the contraction in the
loan item ana the loss i'm cash. fell 81
1900. and while this in some measure
IeSseued reserve requirements the net
decrease in cash reserve above the -
per cent minimum was for the week
So j1't 2.yp. leaving the excess cash re-
serve item at ST. 81 SO These figures
are taken from the statement of actual
conditions. tie surplus reserve ACCORDING
10 the computation OF averages stand
Ing at S-s;.H-s5 1.Io. DEVELOPMENTS i'm
Europe during the past several DAYS have
been sucn as to lead to rumors of i'm
pending gold exports. Ii is not at al,
strange that gold l. 10 he taken in the
present state of affairs. bat the banks are
verv comfortably situated and the shin
nent Of specie will have a sentimental
effe~t rather than otherwise. The crop
requirements of the country have not vet
been satisfied. but the movement to the
interior seems to have halted temporarily