Bank Statement Shows Large Loan Decline and Asset Shifts
The report records a $3,062,400 drop in loan averages, a $158,000 rise in specie, and a $2,190,200 increase in legal tenders. Bank circulation falls by $124,200 while deposits slip $255,400, leaving about $840,000 unaccounted for. The figures imply deposits of country bank notes or a loan‑bond reduction, with a $2,407,050 addition to the surplus lawful money against deposits.
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