Salt Lake Herald | 1906-03-18 | Page 21 | The Bank Statement

The Bank Statement New lew York March statement of the house bak banks for this week shows that te the bak banks hold over the legal reserve requirements This is a decrease of under lat last week week The statement follows Loans increase Deposits increase Circulation 9 decrease Lega Legal tender tenders decrease 68 10 Specie increase Reserve 03 16 Reele Reserve requIred Increase 1 Surplus decrease 57 DeposIts decrease S The Financier sa says s thIs week Last Lat weeks statement of the New York asso elated dated banks was on the whole favorable favorable wa te the changes In te the principal iem item being such a as were generally expected from te the preliminary estimates I It is noteworthy that the surplus reserve continues to In indicate resele te com comparatively smal small changes ad adfor and for each eRch of the five weck weeks since Feb 10 such uch conditions have been been wih with one e cx less than each week There was les a net ta gain 00 of in ch cash wa a and lat last week specie increasing ad legal tender tenders decreasing Deposit Deposits I increased which wa was almost I o equal to the sum of the expansion In 1 loans loas eua and the gain in cash cah so that the I te statement made a a remarkably good proof proof I IThe The required reserve was increased 1734 7 i 1 deducting from which the above noted increase In ch cash left a as the de decrease cree crease in surplus resele reserve to Computed upon the bais basis of public funds which te It ma may be stated show an increase of since Mach March 1 3 as the result of new deposit deposits by the secretary a that were allotted to bank banks in inthis inthis this city the tat surplus is 8 Las Loans were cIt expanded by whIch wa was a moderate gain reflecting the corn com quite gin quie small demand resulting from the of the stock maket market Loans were in excess of deposits