Show I o 0 t l Weekly Bank Statement New York Oct OcL The statement of or the associated banks for the week weekending weekending ending today shows Loans increase 96 Deposits increase Circulation increase Legal tenders increase 59 Specie increase Reserves 2 33 00 Increase 1 Reserves required In Increase Increase increase crease Surplus decrease 52 coo New York Oct 26 2 The Financier says It is Ia noteworthy that tha gince ince Sept 20 the has ab absorbed absorbed absorbed from the banks through the fiscal operations of the Government and moreover these opera operations operations operations last week resulted in a reater greater drain from the banks than for any an week since the above aboe date It would seem likely that the drain drahl will con cop continue continue important at least for the re remainder remainder remainder of ot the year ear earThe The effect of these withdrawals from froio the treasury by the banks will be to tot t some extent counteracted in the near future by payments for gold received at Pacific coast points of which sold old oId I there is now about on de deposit deposit deposit posit awaiting transfer There ap appears apI appears pears however to be bea a prospect for forthe forthe forthe the shipment of or gold old to Europe in or order order order I der to relieve the monetary tension In London and on the continent which shipment may have havea a decided decide Influence on n bank reserves tending to absorb the he new supplies of gold noted above a u IJ m p 11 o b 11 11 E The surplus reserve is now about higher than it was a year rear ago alO go and some good judges of the sit situation situation feel convinced that the move movement movement ment ent of money money to t the west for cron cro purposes s reduced to t a minimum the only menace to the surplus reserve will willbo willbe wIlle bo be e the fiscal operations of or the govern government government overn ment and the movement of or sold old to Europe |