OCR Text |
Show DEPOSITS IN NEW YORK BANKS TO BE INCREASED AT ONCE WASHINGTON. March 26. Under instructions in-structions recently Issued by the Secretary Secre-tary of the Treasury, collectors of customs throughout the country were directed to deposit their customs receipts in the regular regu-lar depositories. This, however, did not embrace the so-called sub-treasury cities. These Instructions were enlarged today by the Secretary so that the pviblio deposits de-posits with national bank depositories In New York City will at once be increased about $15,000,000 from customs receipts under the provisions of the act of March 4, 1907. This action Is taken with a view to facilitating the redemption of the 4 per cent bonds of 1907, and also to render available additional funds for the usual disbursements occurring on April 1. |