Show SHRINKAGE IN BANK Weekly Statement of New York 1 Institutions Shows Large Decrease in Cash fr MUCH GOLD GOES TO JAPAN SURPLUS RESERVE IS SMALLEST SINCE LAST SPRING New York Sept 4 The statement of clearing house houM banks for the week shows that the banks baDu hold more than the requirements of the 25 35 5 per cent re reserve reserve reserve serve rule TItle This is III a decrease of in the pro proportionate proportionate cash reserve ae IUS compared with last week The statement follows Loans Loane decrease 4 Deposits decrease 1518 Circulation increase luere ler e OO Legal tenders decrease Sl 1 Specie decrease Reserve decrease 5 1 Reserve required decrease e Surplus decrease Ex United States deposits 1 de decrease decree crease cree The percentage of actual reserve of the clearing house boUM banks banka today was The statement of banks and trust com corn companies companies panie of Greater New York not nett reporting to the clearing house shows that these th in institutions Institutions have aggregate deposits depo of SL l total cash on hand and loans I ana amounting to The Financier will WI say The statement of the associated as banks of New York for the week ending Sept 4 showed an unexpectedly large decrease of I In cub cash with a corresponding shrinkage in reserve The banks in their operations with the lost more than of this amount In Including Including Including export of one and mil mu ions of gold to Japan but It had not notI I b ben en anticipated that in their dealings with the Interior the remaining loss would b as heavy hea as the statement revealed The present pre ent surplus reserve of the clear clearing clearIng clearing ing house hou e banks stands at 1 the smallest reported since early last spring The loans loana of the banks last week were only nominally reduced the actual con contraction contraction contraction traction having been Deposits as a result re of the heavy decrease in cash shrunk 1111 The trust companies and arid state banks outside the clearing house showed for the first nut time in a number of weeks a slight shrinkage In loans that item having been reduced The loss 1088 in cash principally by bythe bythe bythe the trust companies was waa about ter million while con contracted contracted contracted O The surplus reserve of the clearing house banks based on their actual condition at the close of the week was 2577 2571 77 per cent or only r of one per cent above the legal minimum T It would appear taking the statement as a whole that harder money rates were In sight |