| Show FINN JEW YORK CITY the knickerbocker Copi company pally with profits forced to close its doors make demand for t maney ney and second largett largest financial institution in Go bothern gothem thern goes to the tha wall wail new york city the financial a torm storm tit ail probability reached its height on tuesday when credit the under the alir face foundation round atlon of all business trembled tor for a time and before conal dence dance hal had been restored new yorks second largest financial institution bad emptied ampt bcd lcd its ita cash iapala under un der the pressure pres pressure pr ensure dure of the biggest run rua expert enral here ini in a a stock exchange firm had failed for 6 booi wall st rf apts had settled fiola atom 3 5 to 8 a share call money had alia to 70 per cent and locae bankers united to stem the tide of distrust had been forced to appeal for or relief to the secretary of 0 tho th tren treasury jury at washington V ashington is hIngton the knickerbocker KnIckerboc kei company the tha stormi ceafer on tuesday paid out ou calif to at the rate of 0 44 4 a or three hours and them closed it its a do doors rs the directors had bad tt as they tb thought ou q fully prepared for a run and caused caused to be announced la in tu days s papers that ta irl in case cas was on hand to meet all eventual atiq ittes at 9 30 a few feve with drew their ace accounts and an ail hour litter alter hundreds were in line to makri out their deposits at the main office al a thirty fourth street and fifth av avenue ellilu an and at the inalea and bronx and donn town branches blanches q 1 he 8 lasted until 12 2 30 hen vice delt dent J T brown announced that the bank had bad no more cash available and payments ments viere delre suspended mr 11 brown said aid that the bank would open opar r 3 d day and payments be re so d at 10 SO 30 0 clock the knicker bother boker it was nai announced had ample amal e securities 0 to meet all demands was waa boleau and it was only a q question of raising the cash when all depositors who wished to withdraw could do so |
