Show tin till FAILURE Effort ri to prevent a gen cn arut panic chicago aug 4 nothing in years has caused uca such a flurry in commercial circles as is the collapse of the moore bros in their efforts to maintain the control of the diamond match company and the new york biscuit company the striking feature odthe of the fall failure Is i the fact that the stock exchange for the first time in its history adjourned indefinitely today without doing a dollars worth of bu business sines the folio following wing notice was posted the chico chicago go stock exchange has adjourned subject boac to action of tile the governing committee I 1 WILKINS secretary in tile corridors were excited groups of brokers and traders discussing the r situation everyone connected with the exchange was mas endeavoring to convince everybody that there was no cause for alarm they announced that the ofil ceals of the exchange was endeavoring to form a pool to buy up tip tile the stock of moore brothers to hold it until the flurry was over at the elie meeting of tile the governing committee a resolution was adopted calling tor for the appo appointment intent an by the president of the committee 0 of f four to confer with bankers of chicago and the moore brothers to arrange upon a basis oi of settlement this action had the effect to modify the excitement those best posted declare there is no tear fear of a general panic the governing committee also adopted the following resolved that in cases of all stocks bought and sold regular trades shall be carried out and that in cibes cases where stock has been bought boullit regular and sold gold in account stock shall not net le e delivered until the opening of the clearing house it II is estimated thal thai moore brothers lost between and in the diamond match deal some I 1 say ny it has wiped out every cent of 0 their fortu forbues es the chicago news bureau fach the banks are taking the diamond match flurry very comfortable their only oni y anxiety seems to be to help the custo merb the basu bait of 0 tile the bank loans on oil moore securities has been low for a long time diamond match has been popular but the banks understood that there was a lot of water in it the anxiety of the banks is not so greatt great T regarding the diamond latch loans inowe however er as as reg regarding aidin ne new w york biscuit Bis curt which w was as m marked ar ke up I 1 from rom under tinder 36 to over par there is if hardly a rich man in the town that it Is not somewhat ht interested usually as money lenders er boston and baltimore are largely interested |