Show The Bank Statement New York Aug 11 The statement of 01 the clearing house hou e banks for this his week weel shows that the th banks blinks hold over the legal reserve requirements ments There is isa isa isa a decrease of as aa compared with last week The statement follows Loans 10 decrease Deposits decrease Circulation decrease 16 Legal tenders J decrease Specie decrease Re Res Reserve Re Reserve serve s decrease serve required decrease 3 Surplus Sll decrease S 5 States SUites deposits 10 decrease The Financier says While It was ex cx expected expected that there would be a consider considerable considerable consIderable able discrepancy between the estimated loss of cash as based upon the amount of such loss Joss reported by last weeks of official official bank statement so great a differ difference difference ence enc as ai was vas not looked for forThe forThe forThe The discrepancy was probably largely due however to the operations Incident to the transfers to interior depositories of public funds which were distributed by the through the local ocal banks to their correspondents during the week and also to the bringing over from the previous week of that part of the average av rage loss which was not shown by hr that weeks statement the return of Au August August 4 showing a loss of o whereas wJ erea a decrease in this item of about It may mu be noted that the disbursements as above of public funds in the fortnight ht aggregated and the weekly average would be just about the differ difference ence enc indicated by last weeks statement The deposits showed a decrease of 13 which amount very pearly nearly D arly agrees with the sum of the contraction in loans and the loss of cash therefore the state statement ment meat made a good proof The required reserve against a deposits was reduced 53 3 1 O deducting which from the loss of f cash left as the decrease in auf sur ut surplus reserve to Computed upon the basis basl of or deposits less ess those of public funds the surplus is 10 |