Evening star., 1915-03-28


be ascertained at any time.
A credit bureau. II maintained IN
Washington, would be useful for the
banks in keeping under supervision the
aggregate of loans. from day to day,
of any borrower.
New York Bank Reports.
Statistics compiled from the report
of the national banks of New York city
made to the controller of the currency
as of March 4. 1915, show the follow
ing changes as compared with the fig
ures taken from the reports of De-
cember 81. 1915.
Capital. surplus and profits increased
S2,720,051: loans and discounts m
creased s123,122.301. overdrafts in
creased $26.511. bonds and securities
increased s9,324.274, specie increased
s105,9o1,s20, to $1.975.741.950: total de-
posits increased $11s,1o6.7S6. while net
deposits increased s1S1,576,1s0, to ST.
457.734.724.
AS indicating the strength of the
banks. their reserve carried was 1888
per cent, an increase of 1.39 per cent
These figures are interesting. ind1-
eating the continued Importance OF the
greatest financial center of the day.
and showing some striking gains in
less than sixty business days
april interest TaymentS.
Banks here and elsewhere have not
made much gain through operations in
January and February. as shown by
their surplus and profits. In reports SO
far offered. The increase in New York
city in these items and also In capital
stock was $2,720.050. there being no
way at hand to separate the items.
With the coming of April, however.
the quarterly payments of interest on
the millions of dollars of time loans
will make the showing of the fiscal
institutions much better
Also the coming of April will mark
the period of payment of much interest
to savings bank depositors by banks
that make distribution on April and
October of each year.
Exports for February, $2es, ,727, ,757.
The value of the exports from the
United States for the month Of Feb
ruary was $29s,727,757. an excess of
<s173,6o4.366 over the value of the i'm
ports for the same month last year.
For eight months of the fiscal year
the value of excess exports over i'm
ports was $577,756,27S.
Financial Notes.
United States Steel Corporations
mills at Gary. Ind. are said to be run
ming to 80 per cent capacity.
Atchison's earnings for February,
gross. $s.956.291, compared with ST.
Ss5.040 for the same month in 1914.
For the eight months of the fiscal year
to February % the gross earnings
were $7s,879,771 as compared with
$74,332,735 for the same months in
the previous fiscal year. The net earn
ings of the system for the eight
months show. after taxes, s24,640.622.
compared with s20.s59.6s2 in the same
months of the previous fiscal year.
Twenty-three railroads operating in the
United States only show gross earnings
of $6,s63,773 for the second week in
March as compared with s7,627,S6S for the
second week of March. 1914.
For the third week in March. 1915, in
comparison with the corresponding week
Of 1914, the following roads show de-
creases, as follows: Canadian Northern.
s26, $50; Chesapeake & Ohio. s105.242;
Monon, $4,549; ST. Louis Southwestern,
s55, 900: Texas Pacific, $27,573: Denver and
Rio Grande, $35,600. In the same COM
parsons, gains were shown as follows:
Missouri Kansas & Texas, $3S,456 and
Western Maryland. s12,6s7
A seat on the New York Stock Ex-
change sold at $4,000 same price as was
paid on the last previous sale.