| Show The Bank Bani statement Nw New York Feb statement of the clearing house banks for the five days this week shows that the banks hold 5 over the legal reserve resene r There Ther Is a decrease of under last Jut week The statement follows Loans S1 decrease m decrease Circulation decrease Legal tenders Increase e IO Specie d decrease cr e Reserve d decrease cr a e required red OO decrease Surplus d e Ex EL U S dividends decrease Th The Financier this week says The features of f last weeks bank statement as was the casein case In the previous week was a marked disagreement ment between the estimated and the officially reported changes in the cash Items Last week some of the estimates indicated that there wOUld be a small loSS while oth others ers eis seemed to show a gain ln In cash the tho official statement tat m nt r reported port d a loss of 2 The dIscrepancy may be ac counted for by the f fact Ct that the eat esti estimates mates took note the changes for forthe forthe the five days ending with Wednesday while the bank statement Included the averages for the bank week embracing The average net deposits of aU all aUthe the associated b banks as shown by last weeks stat statement m nt decreased which amount was greater by than the sum of the d decrease crease in loans and the loss of cash ther therefore fOre the re return return turn failed to balance Ther The required d re reserve reserve serve against general d posits deposits decreased ased deducting which from the loss of cash left as the reduction in surplus in r reserve Sene to computed upon the basis of at deposits less those of publIc pUblIo funds the surplus is 7 Loans Leans decreased d a smal smaller smaller ler amount than was expected The dally daily average or Of bank clearings for the live five da days s of the week was 3 a against in the week of Feb 17 |
