Show The Bank Statement Now York April 7 The statement of the clearing house banks ban for the th week shows that the banks hold less than the legal reserve requirements This compares with wills a surplus of last week a decrease of The 1 e state statement statement ment follows Loans increase Deposits decrease Circulation decrease 1760 1 Legal egal tenders decrease 1 l Specie decrease Reserve decrease Reserve required decrease 2 2300 Deficit decrease Ex U S deposits decrease 7 The Financier says sars this week The of ucla statement of the NewYork New York banks last week was the most unfavorable of any that has boon been bl n made since Decem ber 9 1905 in that it showed d a deficiency In surplus reserve indeed the exhibit was even more unfavorable than was that on the above because of the greater amount of deficiency that shown this W k being while that on Dec Dee 9 last year was The losses of cash which chiefly contributed to this re result suIt sult were du dus to transfers of I through the to San Fran Francisco Francisco cisco deco New Orleans and elsewhere to shipments of of ot currency to the Interior In excess of receipts and to sub treasury operations which resulted In drawing nearly from the banks The offsetting gains were receipts of for foreign eign and domestic gold amounting to nearly The cash losses as re rp reported reported ported by the state were The reserve requirements were but roo because of ot a reduction of In deposits deducting the as fiS above from the loss 1053 of cash left 7 as the th decrease in surplus reserve to deficiency The loans wore It may my be noted In excess of deposits |