Show The Bank Statement nt Now York Jan 4 The statement of the clearing house banks for tor the week five days das shows that the banks hold 5 O less lees than the requirements of the thc th 5 per cant reserve rule This is an Increase of in the proportionate cash re ye reserve resen serve sen as compared with last week The statement follows Loans decrease HS Deposits decrease 2439 2459 2 9 Circulation Increase 79 O OLega Legal Lega I tender increase o Specie Increase Reserve Increase Reserve required decrease Deficit decrease Surplus States deposits 7 i increase The fhe Financier will say sayAs sayAs sayAs As was expected from the preliminary estimates of ot the movements of ot money last week and from other data showing reductions In loans and deposits deposit the bank statement of af last lut week issued today was vaa va quite favorable In that it indicated hood good progress toward the extinction of ot the de deficiency e In reserve This item tern was re reduced reduced to as the result of an Increase of in reserve The cash gain during the week was SOt this was waa duo dio dl largely to fo receipts from the tho In Interior tenor and nd It Is la noteworthy that such auch re receipts receipts were ere larger last week than In the corresponding periods in the past two years which Is of ot Itself a most encouraging aging a factor facter The ThC receipts of gold from abroad and from domestic sources con can materially to the above bo men mentioned mentioned mentioned gain in cash Deposits decreased as the result of the contraction in loans and of the tile augmentation In cash The required reserve against deposits was adding which to the in increased Increased increased creased cash made as the gain gainin gainin in h reserve as above to o deficiency cy 01 0 Public deposits were reduced twp two and anda anda a half millions because of ot recalls thereof by h the treasury Computed upon the basis of deposits less thoM of public funds a surplus of Is la shown Loane 1 were contracted H oo this thi was caused by b the cancellation of loans last lat week which had b been en temporarily effect effected ed ad In the week with deposits of funds in the tile banks preparatory to the distribution of or dividends and interest It I would seem that such payments will be largely Increased during the week thus this contributing to a further contraction in loans and If It there shall then thep be a gain in ii cash as seems probable because of arrivals of gold from Europe and ad td of f u Ii return of currency from the Interior the be may well nigh If not en entirely entire entirely tire extinguished ed |