Show The Bank Stat Statement ment New York Jan stat t or of averages of the clearing house bunks banks ot of this city for the week shows Loans increase 4 Deposits eJ Increase Circulation t OO de decrease kE Legal 1 tenders 2911 Increase 2 S Specie e lc Increase Reserve In Increase Reserve e required Increase se 6 SUrplus O Increase Ex L C S deposits 3 increase The Financier says The officIal state ment ot of the New York associated banks last Jast week showed striking gains in fn all Ilie principal ot of loans leans cash and deposits This W was s the more remarkable because it followed Important gains In these items In the previous weeK for the fortnight making an e expansion of fIfty and millions Ia fn loans a gain guin or of twenty millions In an and an increase or of seventy and ml lions in deposits The rhe loan Increase last week weel was doubtless duo due in great part to I s syndicate borrowings 8 as was the case In the week endIng Jan 21 for tor commission hou cs were not In the to an any though rates for money periods were offered at Yc verat at figures the aggregate now are within of the thc May record The cash last week was much greater than Which was estimated upon the basis baai ot the traceable movements of mone money dur Ing the tho we week k which estimated gain was he Was In part caused b by tb of the gold ex cx ports for Ui th week and partly because ot of unreported receipts by bJ some of tho larger banks through transfers of trust c company cash It may be noted that the surrender of 10 per cent of public deposits under the treasury call eaB which matured In the week cn ending Jan 21 I has a net r of 1 SOO In holdings of such deposIts b by New York Institutions corn com compared pared with Jan 7 The bank statement made a good balance the sum ot of Increase In loans and or of the gain In cash cush being only O greater than the increase e In deposits show that eight banks bank Increased loans by fourteen end and mIllions not six banks bankc gained eIght a d millions net cash |