Show Weakly Bank Statement New Nw N Nov M The weekly w w state m Mt of the tM averages av of the associated u I shows allows decrease I P T TOu decrease deere ee 12 12 ft A AL L LIi 1 al tenders leaden decrease deer 22 t 2 weASE Total reserve t tt 1 i t Reserve required a decrease Cri t J Surplus reserve 4 e decrease 21 1 5 I IA TT Tr rIse Financier says saysA saysA A decrease of 1 4 I 7 m hi the reserve rea of the New York associated banks banka for the week ending Nov W 11 brings the total tOUtI ex excess exe reserve down to which in inthe Inthe inthe cess e the the face of the enormous OU dealings on lW York stock exchange ex halce adds addi a new terest In the Immediate money market The statement contains several surprises Ilk iu chii hie ut t which is the Ute lose ben of cash nut It been figured that the banks bank show a slight decrease e in cash ca h holdings but nothing approaching th the total re reported reported ported There is every ry reason to believe the clear dear however that the position or of than In Indicated Indicated i hiS lp house institutions is better in the statement for the reason that the gold SOld consignments from Europe to the full ex extant tat t week 1 do not appear es The contractions m in teat tant in the averages avera loans loana during the past week is very heavy aad and seems Mema to extend t generally throughout thou hout the list of individual banks not being heing confined as is the case to a few of the Ut larger institutions It is not to be expected however that loans will con to contract If It the stock market remains active over nver ov r the next n week The decrease e of and anti considering the cash oath tg is 1 logical posits loan lena reduction and this explains why of the With MI in 10 cash going out banks hanks the actual reserve fell only 1341 13 1 35 Thu The lessened deposits relee rel ed ed about 25 S Sper lucked sucked up under th dl Cite tr cent legal requirement With rUb refer reter reference per pet ence estee to the outlook but little canTre can vis salt said m tenor movement nt Is La at an end but buta buti a m lh return of funds to this center is I F not for time lime to come The expected some eX gold have bave ceased ed temporarily at atlease t I least lease and for the moment It seems that I Ithe the banks will report anything but a of Idle funds If this assumption a ump I Idon held firmly tion don is correct rates will be I over the remainder of the fall season seN n but butas butas butas as is lIS sometimes sometime the case caKE any an appreciable advance here may bring forward money other centers It is worthy of note n horn om i has hasI that he rhe increase in note circulation I been checked d the banks reporting a de tie decrease deI for fur the first time in months In I crease forecast of the situation it be bewell beI bewell any well wen to keep in mind the circulation tem Item elastic features of the new financial I will willI law will hereafter be a factor that I influence the money market |