Show WEEKLY BANK STATEMENT Financial Conditions in New York Analyzed New York Feb 2 The weekly bank statement of or the associated banks shows Loans Increase l Ma S 30 Deposits e 7 0 increase Circulation 31 JM increase Legal tenders increase Jl 1 Ji Specie increase Total r tal reserves SS 3 requirement In Increase Increase crease cresse Surplus plus IUS reserve decrease t tr 5 r The Financier says ay The Tb New York I clearing house banks continue to mete make m k knew new records in the matter i 1 of f genet genera l to totals total tale tal The expansion of loans Joan for the wed I Ii just ended was 4 which surpasses i th ef f I the heretofore unprecedented u n gain ot of Jan Jam Jamis 18 is by Nothing approaching the totals of the last three or four weeks W has ever been known in the history of the United States Slates and it is doubtful if the th records now being made wilt will be equaled e for a long bong time to come The deposits of or the tho tanks banks for tor the current six days pe pa period expanded This does oes not equal by the Increase l in deposits r noted three Weha f ago but K i ranks n next to it In magnitude The underlying und causes to witch c these h advances may be traced rent in the h consummation s n n of the great railway of 01 which so much has been recently said ai and to extra heavy v r 1 in im i tim o l I m mm These g I features are not 1 hut ut I undoubtedly led bed t r UIL Ilic r flu an t already ot i I D ig u n of f e state Stale ment mont is 18 found foun in the th small mall gain in ia ca h which amounted to ro O or O less legs than man manh half h l the th anticipated The ent en based basee it f Jt It i Is 1 on n averages probably does de not te e real con of ot the banka benk ban with reference rH rence tp re ie res reI L I s t at tile the end week The loan expansion ox n operating as it H did to awed swed the deposit d account necessitated necee an in increased Increased creased legal reserve of ot 8 X and as the gain aln n in ill cash ah was but little In S 5 of ot S jeo WJ the excess reserve r Is reduced 6 IS standing stand Ins at Even Kven this amount amon in view lew of the unprecedented ent to totals totals totals of ot the other oher Items Is 8 unusual and Indicates that the banks despite gold ex cx exports ports sad and other b demands upon them have not reScued reached the limit of accommodating dating power bat hiat has been going on 00 fat in the local banking field lekI for the past at rt will be understood better perhaps when wn it ia is said that since Jan i 5 of the present year lana hay have Increased w wana 00 WN ana ama u tx aHa One more increase ae as large a as a that of o last las w ek would Id make mke the rhe total t sl net let deposits of the t th clearing house se bastes U ei lite lii present bat ait depo of nth the New NewYork NewYork York banks lain are now BOW larger than the de do deposits posits of ot the m banks of or alt all the thu reserve cities in the tile United States Chicago Chica o alone excepted and larger Ja er by nearly than n the individual de do deJl penile litS of l tte 4 l 1 national banks of the New Kagland Easland states and the eight middle mates including fourteen reserve cities as reported on OD Dec 13 last hist During Daring the pest peat week three New York banks banko increased Inc their t loans about or within l of the total loans baSs of tha ilia ninetynine national banks anks b of the state of Nebraska Nebra ka |