Show i I THE BANK STATEMENT New York April Apri 2 The statement of clearing house banks for the week shows that the banks hold more than the requirement of the 25 2 per pr cent reserve rule This Is a decrease of in the proportionate cash reserve as compared with wih last week The statement follows Loans Lans increase Deposits Deposit Increase Circulation Increase 2170 Legal tenders Increase 2 1040 Specie 2728 decrease 92 Reserve decrease Reserve required Increase 1734 Surplus 25 decrease Ex EL United States deposits decrease The percentage of ot actual reserve of ot the clearing house banks today was 2342 The statement of banks and trust corn com companies cm of Greater New York not report reporting reporting ing to the tle clearing house hous shows Loans increase 39 Specie increase increase Legal tenders 2730 increase 13 G Total deposits increase 16 The Financier will wi say The chief feature of the statement of the New Now York clearinghouse banks banks for forthe the week ending April Apri 2 taking tho the actual condition report as a basis was wasa a decrease of In specie The preliminary estimates of ot the known movement of currency for the week indicated a loss to the ury of more moro than but this was offset to some extent by a slight gain which the banks made on the movement of the thc Interior funds Gold has begun to flow fow outward to Europe the first engagement of ot 2000 having been announced on Friday This will wi probably be followed by a much heavier movement from now on but what occasioned the tho very heavy decrease in specie aside from the tho known operations of the reek eek cannot be explained easily The loan item last week showed a of and this with wih the loss In cash already mentioned brought about a decrease of In deposits The decrease In deposits d of course has necessitated smaller reserve requirements and the contraction In reserve for the week was leaving the tle tle surplus above the 25 per cent legal minimum at The loans of the clearing house banks are now about In ex excess excess excess cess of ot deposits This would indicate of Itself a period of firmer money The summary of state banks and trust companies not reporting to the clearing house showed an increase of in loans an increase a little less 10 than In cash and an ex expansion expansion of In net deposits The loan burden seems to be shifting to the trust companies although the April 1 dividend disbursement of some something something something thing like lie no doubt was responsible for the unexpected changes in both the clearing house and the trust companies statements |