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Show Krapstref.t's in'its financial review for the past week notes: "Money continues con-tinues to accumulate at the financial centers, the fact being shown by a further fur-ther large gain in the reserve in the yew rorK Danks. At the same time the dullness of speculation contributes to tho increasing ease of the loan market. mar-ket. During the week call loans on tho stock exchange ranged from 2 to 4 per , cent, with lomt offering at lower figures. fig-ures. Time money is in fair supply at daoi per cent, and these figures are perhaps shaded for extra fine collateral. The supply of commercial paper is limited, lim-ited, and the demand is more than fair from both local and outside buyers, llest double names and indorsed bills receivable are nominally Tijwo per cent. The retirement of outstanding clearinghouse clearing-house certificates ha continued, and ail but some $40,000 have uow been paid off." |