The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-08-25
Clearing House Statement

New York August 24.-The statement
Of the actual condition of clearing house
banks for the week shows that the
banks hold S15345,9 reserve in excess
of legal requirements. This is a decrease
of S.. 2o6. 100 in the proportionate cash re-
serve, as compared with last week
The statement follows in detail: daily
average loans, S2,042. $4,000; increase, $43.-
600. Specie, 1864, 134000; decrease, $685.
0oo Legal tenders, $s4,634000; decrease,
81 $4,000. Net deposits, $1,91S, go, 600: in
crease, S2,027,000 Circulation, $45, 1853, 600:
decrease. $4,000. Banks cash reserve In
vaults, 1914, 791, 600. Trust companies cash
reserve in vault, s73,977000. Aggregate
cash reserve s44S, 76S, 600. Excess lawful
reserve s1S,136, $50; decrease, 49, $50.
Trust companies reserve with clearing
house members carrying % per cent cash
reserve, s65, 1l20o0. Actual condition.
loans. 5000. 1000; decrease, s1,446,OO0
Specie. $3.50 $4,000; decrease, $685., 600 Lee
gal tenders, $S4 100. 900: decrease 500, 900.
Net deposits. $1,91l, 100000: decrease, S.
0l6,000. Circulation. s45215,000: decrease.
sla7,000. Banks cash reserve in vault
$685. 900. Trust companies cash reserve
in vault, s74,702 900. Aggregate cash re-
serve, $44,299ooo. Excess lawful reserve.
S15,345,900: decrease. s5,206.10o Trust COM
7spanies reserve with clearing house men,
bers carrying % per cent cash reserve,
ss2, e09,0o1 Summary of state banks and
trust companies in Greater New York not
included In clearing house statement.
leans, $60s ,524 400 decrease, 1851 300. Spe-
Gle, $50, 7S6,o00 increase, $61, 800 Legal
tenders, SS,10i,e COO; increase, $4,000 Total
deposits, $3.50, 2G1, 800; decrease, $646S00.
The Financier will say:
TIE New York clearing house banks
reported for the week ending August "a,
n loss of s7.475.0o0 in specie and legas.
ind 70 hat Ia nffo of
cur emf demands from other portions from
country is being felt at this center. Pre-
l'minary estimates were that the banks
actually gained cash on direct movement
. from the interior, but lost in operations
with the sub-treasury.
There was very little change of i'm
portanee In the other leading items or
tie statement, loans having shown a de-
crease of $1.446.000, while net, deposits
because of the loss in cash, fell off S. 016-
600. The result of the changes lust noted
was that excess reserve fell s.. a05, 1e0 Ieav-
Ing the present excess above the 20 per
cent minimum at $15345.9Oo. These fig
urcs are based on the report of actual
conditions.
Figures on the daily averages system
excess reserve decreased for the week
only s3.625,s50. standing on Saturday at
sis.f35 $50. The independent weekly state
nent of the trust companies of New York.
11ciGulnS those III the clearing mouse
well as the non-members showed very
small changes from last week, the trust
company institutions having actually
gained about s.. 10000 in cash. The bulk
of cash losses for the week, therefore,
fell directly on the banks proper.
Live Stock Market
Louisville August 24.-Cattle: Re-
CENTS, 80; market closed steady; range,
semS.5c.
hogs: Receipts. 1915; market sc high
err range. s450@S7o
sheep and lambs: Receipts. $50. mar
ket steady; lambs, 3M619c: fat sheep
3hc down.
St. Louis, August 24-Cattle: Re-
ceipts 1900 including hoo Texans: mar
ket STEADY; native shipping and export
/ steers sS.50M 10.50. dressed and butch
er steers s64 $50, stockers s4.25 a els.
Texas and Oklahoma steers s4.5omS.50,
cows and heifers s3.5om375
Hogs: Receipts. $500. mark ct steady.