Salt Lake Herald | 1906-05-27 | Page 21 | The Bank Statement

The Bank Statement New ew York May Kay The statement of the clearing house banks for this week eek bows that the banks hold lit over mier the legal reserve requirements This is a decree of under last UIt ek The statement follows follos Loans Lons I Deposits l increase decrease liS Legal tenders increase 4 t tOO OO Specie decrease 4 Reserve decrease I required increase jj Surplus decrease Ex States State deposits 11 decrease 36 The Financier this week says The most notable features of last statement of the New York a banks were the expected in increase in lOAns though this increase was AS only I about half that which was as recorded from the previous week a moderate decrease in cash aSh A gain In deposits and in re reserve serve requirements awl and A reduction in inthE inthe thE surplus reserve to figures oDI only a lit little littie tie tle above th those e at the beginning of May The deposits of public funds were reduced to A sum about one million gr ter than that was beld on April 20 soon after the deposits were a augmented in order to facilitate sold gold imports from Europe The cash l lose was as This was due chiefly to the return b by the banks ot of special deposits or of public ruMs funds through the receipt of forel old oM the importation tion of which was a aed b by such funds The general deposits were augmented which amount very nearly cor corresponds responds with the sum or of the Increase In loans less the loss loes of cash The re reserve erve requirements against general deposits were ere increased and the surplus rf reserve was reduced to 6 Computed upon the basis buls of deposits less those of public were reduced by comp compared red with Ith the previous surplus is 1 13 There W S an Increase of 8 in loans Joan probably dl due to syndicate borrow lug lag As Aa such tran at Uon were ere largest af after after ter thE middle miMie of the week eek It seems probable probable able that the loan item was made up en rising a averages