The Birmingham age-herald., 1913-03-16
Live Stock Market

Chicago, March 15.-Itogs: Receipts,
5000 steady; bulk. $4,000 10; light, $500
9lO: mixed, $s.604910; heavy, S4oq5;
rough, $S. 4016. SO: pigs. $1QS,95.
Cattle: Receipts, 200 slow; beeves, STD
@a45; Texas steers. s6.2517.5o; stockers,
S6aS. 20: COWS and heifers, Ss.50qs; calves,'
81. .5Oai12.
Sheep. Receipts. 1000. steady; native,
Sc. 1907: yearlings, s7.204S. %; native lambs,
$S@9.
Kansas City, March 15.--Cattle: Re-
ceipts, 500; no sontherns, unchanged
choice export and dressed beef steers,
IS. .40d9; southern steers, s6.75dS15; south
ern cows. $4.25g7.50.
Hogs: Receipts, 1000, steady; bulk, $40
ass; heavy, $S.65QS. 10; packers and
butchers, SS.70aS.S5 light, $S.75aS.S5; pigs,
$7.50d8.
Colorado lambs, s. s25@S.75; yearlings S6Io
@T.75: wetoers. $6m7; ewes. s5.5Og6.75.
St Louis, March 15-Qattle: Receipts,
1900, including 100 Texans, steady; choice
to fine steers, ss.50q9.10; good to choice
steers, $7.50dS.50; dressed and butcher
steers, s5.756l7. 80; stockers, $52S@7.7S;
Texas steers, $525QS %; Texas cows and
Hogs Receipts, 1000. steady; pigs and
lights, s675q9,05; mixed and butchers,
$Ss6fl9.05; good heavy, $s90q9.
No sheep. Prices unchanged.
louisville KY, March 15.--Cattle: Re-
ceipts, 100, steady to firm; range, S250@
$50.
Hogs: Receipts, 1900, 5Gioc higher;
range, $I50Q935
Sheep Receipts. light; lambs, 7lsc
down; sheep 4c down.
Bank Statement
New York, March 15.-The statement of
the actual condition of clearing house
banks and trust companies for>the week
shows that they hold 1925, ,450 reserve in
excess of legal requirements. This is an
increase of $5.S63, 200 from last week.
The statement follows in detail:
Actual condition-Loans 81, 1888. $4,000, de-
crease $22.2o1 600; specie s824.779 900. de-
crease $1,317,000; legal tenders $50. .657, 600
increase $l13l 900; net deposits $1775, ,033. .O00
decrease $25.202. 900; circulation s46,S7 600,
increase $4,000; banks cash reserve in
vault, $340.SS6.0O0: trust companies cash
reserve in vault, $67,550.000; aggregate
cash reserve. $46, ,436, 900: excess lawful re-
serve $9.2 ,460 increase $685. 200; trust
companies reserve with clearing house
members carrying 25 per cont cash re-
serve, $40, 218.000.
Summary of state banks and trust COM
panies in Greater New York not included
in clearing house statesement-Loans S57S,-
707,6O decrease SCOT. 700; specie $65, 500, 500
decrease 3SoUs fVVs lcSdl lcuQcIS 9c,1lt 1Ws ln~
crease s455,500: total deposits s629, ,S75, 500
decrease $3,2Ss.S00.
New York, March 15.-The Financier
says today:
"The clearing house banks of New York
made an unexpectedly good showing for
the week ending March Is. the state
ment based ON actual conditions having
revealed q gain In surplus of $500, 200.
This strengthening of reserve was brought
about by continued process of shifting
loans to outside institutions the decrease
in that item for the current week hav-
ing been $22,201 900. This was responsible
in large part for the reduction OF SIS 1O2.-
900 in deposits and as decreased deposits.
Of course, means small reserve require-
ments, the gain in reserve Is easily ac-
counted for
80 far as actual cash position is con-
cerned. the banks gained from the in
terror but lost heavily to the sub-treasury
The net results for the week, however.
seem to have been almost an exact bal
ance on these two transactions. The
banks reported q nominal decrease of
only $4,000 in cash holdings. The present
surplus above the rs per cent minimum
stands at $9.2s7.45o. as against less than
that amount for the previous week."