Beaver Press | 1908-04-24 | Page 2 | Much Money in New York Banks

much money in new york banks new york growing ease case and pie thora of funds in the now york money market was the marked feature ot of the financial situation last week with the mid monthly disbursement of dividends a one and one quarter per cent interest rate was found necessary to effect the placing of funds on call and ninety day loans fell below 2 3 per cent bent the beginning of exports ot of gold was the natural consequence of this condition and a call from the united states treasury for the return of an installment of government deposits Is not expected to have bave any material effect in stiffening money rates