Show BANKING NOTES Net liquidation of 6 of ea r ing assets accompanied by reductions in aggregate deposit ties tie anti and of In federal note circulation is shown In the tIte fede reserve boards board's weekly consolidated ba ban statement Issued as at close of or on ott June 20 1923 1933 Cash reserves decline of while the res r ratio shows a rise for the week fn fr to per cent C C C Holdings of discounted bills show advance of all the banks except the Now York bank y porting larger holdings than on the tho p ceding Wednesday St. St Louis Louis' and g h cago report the largest increases for 1 tS week amounting to and 1 15 respectively while New Naw Y To shows a a. decrease in Its discount of Acceptances purchased open market fell off and Ur ed States securities C C C Gold reserves show a decline for J week of The movement of gold largely through 1 tb settlement fund was mainly toward N York and San Francisco the rese banks at these two cities reporting it creases creases in in their gold reserves of and respectively Smal Increases Increases- in gold reserves totaling j 3 are shown for the Richmond Aj lanta and Dallas banks Chicago ports a a. decrease In Its gold reserves j Philadelphia a. a decrease St. St Louts Louis a a. decrease of J and the four remaining rea banks a. a combined decrease of 1 14 e e Holdings of paper secured by gove ove ment obligations decreased during tb week from to Of the total held on June 20 20 or per ceat were secured by Urn Ung States bonds or pr cent by treasury notes and 6 5 per cent by treasury certificates c con pared with I an shown the week before S C C Net liquidation of of g go and nad corporate securities f of cf loans supported by s soc securities AS Its against on an Increase of in other largely loans and discounts is le shown in the i f feral eral rye reserve boards board's weekly statement condition on nn June 13 of mem banks banka in leading cities Correspond cl changes anges in the accounts of member ba bain ban banin in New York comprise reductions in government and corpora securities and of in loans i ported by such securities as against Increase of In all other lo and and- discounts e C C Apparently Apparently In anticipation of tax p pa ments due clue on June If 13 net demand cj posits of the reporting show an crease for the week of 55 in New York City Time 4 posits declined about 90 In New York City while gov gove ment deposits show but nominal chan C C C Borrowings of the reporting InsUl from the federal reserve ba ban show a decline for the week from 4 to or from 2927 27 per cent of their combined loans 55 Investments 1 Por or member banks in J Ne York City a decline from in the borrowings local reserve bonk bank and from 26 to tn toper per cent In the tho ratio of these borrow to total loans and Investments Is note e e C CIn In keeping with the substantial creasa in demand deposits reserve ba show 1 ances of the reporting banks advance of while their ca cain in vault shows a decline of about Member banks in New York i report an advance of in res' res balances and a nominal reduction cash |