Show The Bank Statement New York March statement of the clearing hU house e for this wc show how that the banks hold over the legal reserve requirements ThIs 1 ts tsan an Increase of over last week Th statement follows Loans Deposits e Circulation increase Legal tenders decrease 23 Specie increase Reserve increase e R serve required increase Increase Ex United States deposits in increase Increase crease The says The official state statement ment of the New York associated banks AS Ita prominent features COmparatively comparatively small changes in the surplus re reserve reserve serve and In the other Item of loans and andor or of cash Such small changes have not however been disclosed b by the each statement durIng the past seven weeks In this Interval It may be noted loans have Indicated a con contraction of comparing tho those reported February 10 With the recorded last week do posits slow row a reduction of cash casha a decrease of and surplus r rt serve a gain of There Ther was a net Increase of In cash last week compared with the st of the pm pm week this corresponded very COSE COSEly ly wIth the amount reported by the ma inn majority of the preliminary estimates which were based upon t the e traceable movements of money The required reserve was in through an augmentation of cf In deposits deducting w which Increase of requirements from the gain gainIn In cash cosh left as the addition to the surplus reserve carrying this Item to Computed u upon n the basis ot dp de deposits posits less those of public funds the surplus Is Loans were increased 3 which quite moderate amount was vas Indicative of t the e restrIction in commission hoU house e borrowing on the stock exchange The dally daily average oC nf bank clearing was 1000 the week weck rp r on Saturday Friday business were of loans by banks show thet t six Rb increased this item hr bv GOO net four banks gained net cash |