Show Weekly Bank Dak Statement Statement New York March 3 The he wely statement of the averages of the asso associated elated banks bank shows Loans Increase 2 Deposits l decrease 60 Circulation lato increase incese Legal Lel L I Tenders Specie decrease Reserve Requirements decrease Surplus Reserve decrease New York March 9 The Financier says says Despite Despie the fact that one or more of the larger banks began to t t call cal cl 1 l loans ans last week the current exhibit of or orthe the New Nev York clearing house I It tons t on hows an expansion in tre loan J item of It I Is Ss rather difficult to trace satisfactorily the cause of f this Is rise but In explanation it i may be said that operations incident to the th comple completion tion ton q large deals dell are reflected to a greater or less Jess extent in the change eange The increases and ad decreases are con confined confined fined for tor the tle most pert part to a few banks which represent special interest and magnitude By far the te most interesting part o of the bhe statement is found in the depletion of in the cash ash reserves of the banks The loss is the heaviest lovIest that tha has bias b been noted in any way wy y since last las October and war brought about by sub treasury operations with the banks The treasury in fact gained nearly neary 15 5 during the week and nd this was counteracted only slightly by Interior remittances From Chicago Chicag and oth other other er centers center however came advices o or of extremely easy money markets ant and tion shows an an expansion in the loan lon here will no doubt be met with a 0 re response from all al large points pints which have funds in excess of current needs As a rule however the te excess reserves many man heightened demands dem for money of the te New York banks show a falling oft off over the March period A year of te ago this week the Ohe be banks bank held held less loss than of oC the reserve and the suc succeeding succeeding period witnessed a further further decline of two iWo wo and millions milons from which low point there was a a steady tey rise which did not culminate flats nate nete until September The Te deposit items for the e week just ended showed little change The de decrease crease creast was ww only and ond the excess reserve therefore In Its Is decrease of 4 reflects only the excess money that tat was paid out by the banks hanks The present surplus of Is the low lowest lowet est eat et held old by b the bonks banks since the he opening of or the year The outlook presents noth nothing noth nothIng nothIng ing beyond the usual Many May storie stone have bave been ben current of oC a coming Hurry flurry n all al rates but while predictions on this point pint are useless it itis ItIs itIs is to be remembered that the opera operations operations ions which vv ill H call al for tor heavy hea dividend payments In the near future notably tile tc Standard Oil on disbursements disbursement are arc largely ly mere transfers of oC accounts and whatever who ever preparations ate are ar necessary have probably been made already Still the fact is 15 not to be overlooked that I with te the huge uge totals now reported by b bythe the te banks b fluctuations of more than or question magnitude are not zot out of the II 1 |