Show BANKS HAVE E THE CASH GASH Call of Comptroller of Cur Currency Currency Currency rency for Statement Likely to Hasten Resumption New York Dec Dee 1 A call upon the na national national national banks for their condition on a verv Ye ver recent date Is expected by bankers hankers here hare hereto to come from the of the cur currency currency currency rency this week Four of ot the five calls required each year by law have already alread alrea been made the last having shown the tho I condition of the national banks on Aug 22 It Is possible that the call now antici will have an Important calli influence on the financial situation It is expected that It will reveal large reserves oY d cash In the country banks and this will tend to re restore restore restore store confidence among depositors to a degree which will make It easy to resume currency payments throughout the coun try The banks even in normal normar times us usually usually usually prepare for a call by strengthening their cash in order to make a good show Ing not only to the comptroller but to their clients Their statements are re required by law to be published In a local paper and they are also forwarded to Washington where they are compiled complied by b cities and states Possible Hoarding The effect of a call for report of ot condi tion on a fixed date which is usually a few days before the call by b the comp is to enable the bank to release cash after the call with the knowledge that another call is not likely In the na tural order of ot things for about two months In the present situation it Is declared by New ew York bankers the call will show that Is not being done by New York bankers ankers as Indeed their deficiencies s In required reserves already alread indicate but that many of ot the interior banks have reserves running up to such proportions as 40 or 50 EO per cent of depos its The facts will reach the public for individual batiks banks through publication lo ho locally locally cally and then will come to the public generally through the compilations made by the tIle comptroller If It the large reserves in lawful money In fn their own vaults are revealed generally by the reports It will at once Inspire con in the I he strength of t the banks an ani 1 create a demand which they will not long longer er be disposed to resist after atter sending their reports for the immediate resumption of ot currency payments |