| Show B CONDITIONS SEEM NORMAL Situation Well in Hand No Fur Further Further Further ther Conferences Are An Anticipated Anticipated CERTIFICATE PLAN SUCCESS Working Smoothly and Rapidly Bringing About Normal State of Affairs from TC or of last faQ Week c Mirage Finds 1111 N K York Oct Oci 30 Banking condi condl conditions lion i nd steadily today toward jf rN T MI n Y from their rent recent nt strain atrain rhe The I or f house houM both jr h her nd md at m many ny outside points has hIU I 1 j much of nf the pre ure on the theto I to which ar nr now Ww II W approaching al aI alfr I fr 11 normal conditions condition Although no I in tu n I i gold engagement were I El l 1 i y r In the day dy It noted with I i F i 1 u non that the t day da In ITt InT I T i paused without an advance of i ii rate Money Ioney IB Is 1 coming from 1 Li 1 p and 81 1 South Bouth America Ar as a aol come me or ol UK tI I lu rent engagements have hv b been n nr r I fi in ni It became b definitely n i ere re thit the report port of a uI I i riis rJ ri In Chili Chi wa Vh W Incorrect Tb Tha ThaI M I k market mArkot showed considerable u I t ak and anti Irregularity with open It II K th lines inee In Ir some nome of ot the prominent U k A favorable feature t was wel w the DC II fl in buying of ot stock In small It ItI u I i for Investment nt as a reported by bT the i 10 if brokerage raar houses I nr are aie I paying pitying cash cah and nd the lump of If the thi t pant kt I ik k rUn runs wll Into millions TREMENDOUS BUYING N i t in n I wor of ot year hen has h Walt Wall Walli all i I jot J I experienced such uch a flood of ot buy bU fig tig older I dr iii in ti lob loth tot for or transfer to th thi the i nr hatters n The Th majority of ot the th or orra u r re ra an tr for lor of tock stock of ot five fiva 10 a 11 eu a 1 i u 11 abates while gales Ml of one and two shares ar being t frequently re reo cr cori d dW t 1 W J tJ of ot J 3 S Duche Co bankers it end and b ken Mid hl today tody that nu such Hurh h Ha ealm leu I by b that firm rm amount to 11 be beI je I i ind nd a day and that Ihal II orders err are coming In from nil alt jarin of nf the country People are buy buyIng log Ing ato toke kB for tor investment IB In small IM 11 lots tuni are poring on nil fer er thim Mr 1111 I said Mid today tod i This ft le bringing thousands of ot dollar dollari In rash raib to t the market and Is materially In relieving the tile situation n i t think it II to te Nit Mif to My there are more than name of ot stockholders lder on hr hook fib of nf thu various vallous railroad and other bli corporations thon tOOn there were well 11 L year ar no co Never In 11 th tM the 16 9 years sears of my con ron connection with the firm Orm of ot C I Hud n II Co 0 c id a representative of ot lirot today tody have hae I seen no to 0 much mu h luring in odd lots Iota Int for tor cash We Ve have havet haveIt It 11 in t iS 6 cities ites and are 1110 making from S 10 tn tOO oo transfers transfer dally Another representative of a prominent prominent nent brokerage house houM raid eald The buying for cash cah is terrific I Ivr vr Tr w anything any like Uke It IL since eIn aln our i rm rn t is 01 e established d 10 30 years eulI ao awu is t I coming In III from outside in 1 Iv 1 fi fir r 1 stock which Is III being pur purl l used hl in small lots lote In the majority f r Listened instances for tor Investment Probably Jl Id o 0 per cent rent of ot the Ih Block purchased In small mall nIl ints Is lit being taken out of the lOr NEAR zEAR NORMAL bunking conditions appear normal In lit this Ihl city It today The situation I Inow Iii now flow BO so well in hand that no i L inferences of ot bankers are anticipated anticipate l Huns HUlls on Oct one Ofle or two to Institutions may mayU U lop 1 staid uld to be over and Vall Wall street d gratification that the lb storm had bed been bee II weathered The banks Im 1111 proved their Ih lr position yesterday by b call calling calling ing ng loans loan and antI this of adjust adjustment ment Pili may mAv be continued today Liquidation dalton dation of If this character Is III wU absorb absorbed ed Cd considering ng the fact tact bat many stock alock exchange houses are discourse Ing lug new n commitments on o a margin basis bals and are making purchases only for i unit Hankers Bankers declare that the clearing hOuse boute certificate plan la Itt work workIng workIng Ing out smoothly iud tod Dd rapidly bringing about normal conditions conditIon The fact taIt that the weaker banks In thiN eit are recovering from the tho thor se sev v ri r financial setback of the last lut week w wr ru more r was a clearly shown hown today wh whon n t balances were wre adjusted Umu Hi h tearing house lIou All but one ono of ot th the me Itte 11 p or 01 six banks batik position ha barn ls een tt regarded as all a most vulnerable had haIJ ha J Iii M due them at the clearing hou e this hi kIC morning and nd the one on bay baya r a debt pill balance owed a very er small mall me re Th The accounts of all members member of nf nfl tIr l 1 t sloth passed the clearing 1 i 1 e of nf tie institution this morning I r II ua n i early In the days day rai 4 4 tl IL i tic t I tn would be able abl bl to tor ir jrP r i m uy y on call cali to supply tb the i F n Ml 01 being bIng offered oat ut ul 11 1 ID II i nt RI 71 II per cent Tide This had bad r 1 tint hut the lint first loan was made mad madei i 1 MI Ip II I or r i cm II lit The rate ret quickly drop t i to 10 11 i Ir er i ent en nt n II I I that I I the Ih Interest pay niH 11 hip due No N o n I which are ar r being baill an anby anby 1 1 in by J Morgan A Co CoKal Kal nearly IT Tilt l IK stork market markel was wu aa subjected to 10 top p I lIin pressure prices prie at f t v vil II il Rulers der running off iff If sharply In 11 th fIn mi hours hourI The cafor r 1 closing out of ot seas ac acu a c cunti wilts u severe pre m In tb tit Mk wk k which hb nud us a collateral I Ii li I III tl II mans loans With Ith the tb completion of lit t thi Iiii and nd tb lbs successful u passing nf t f laIl 0 II i through Ph MIl Hir cinch e Ill fl 1 nB clearing house hou price pr rallied i rIo call mon uh lu I II i e ei i I i rr r F cent RI AINO INa LIMITATION 0 Oct Ocl Ti u uthe the lh currency th tho dic dl t r the rt pf Ir o the Ih 1111 ii I Ilg 1 a 01 pecia If I t I Lu LuI i I ii i illation of Itt banks wit r rt t u sm U is out nul already ik i Ii end iid In Iro hr th lb thI I II H I ae IM 1 wll wit ho two h nn I t t It U U is I isIt Jl It Kill tei tI het ml quit it Uri tI II t I lilt Ib IIII wil 11 I if till Ib It 11 4 ITtA lA IN it t i N I VEt Cb t I I t sit 11 s The rh tIIe 1 h l ioli I f I nn nt I in 11 i C e nW in k MIT 11 in til U II Tb r l II K hanks r rort i that the th i it 11 e hud ha ae t ii that nil lI II mollA l m hud h ut 1 bIe aUy yeI I The crowd IOd riki i ic i no nu lur are than urill i 1 4 1 oLl ni iffy tr lt i speculation peculation in mm m gins lm compelled some me nn on the Ihl board bord of rde many holders holder being unable to carry thelt lines line for fir a longer loner time Um Aside Ard train froin fro thIs thin on nn feature condItions PORTLAND JORTLAND Portland Or O oat t M ATh DM bunk bank of this thin city are re today to w on Oil the th Ih clearing hone hon ho ae plan There Th rt Is I no great glat and aM id be he beyond yond wrest great reat caution In all transactions t I there thee Ih Is little evidence of af unrest unreel The Tbs hAnk banks through their action In Ute the method of III do tie doing do doIn ing In M haw have precipitated a peculiar liar situation On Ott Monday night at atthe t 1 tilt the th HIt of or the lit l of Governor Chamberlain R procla proda proclamation mation declaring a live lire day legal boll holi holiday day This Thle resulted In the elM cia closing ing of nil nfl and ot o record Neon a att 4 today the bank b are tire doing b I unable unab to obtain court records record or to flit Hie and record If docu doeu document mont ment a Chamb rl r ln IB Is I c nn con n culling the tIM statutes to tn ascertain hU his hi In the of revoking his hi holiday proclamation HOLIDAYS YS IGNORED Bellingham Wash Oct W Local banks have Mv Ignored the four tour days 4 bol hol holiday bolWAY WAY iday proclaimed by GOv 1 II 1 j last lut night and lOO opened OIled for bun burines as lIB this morning Official of ot every vry bank bankIn bankIn In the tha elty city declare their reserves erv cit air rt large and cannot be depleted b by any demand and profess prot n to see Me so no necca necessity sity for the observing of the holiday In this pert part of the tio state stat tAt at least They wore sero Me Mk 4 last t night to Join in With Ith lIh other banks bank In asking aching for tor or the Ih prods procla proclamation mation mallen Ina II on but bul declined and such action BANK Helena Mont Oct O t H Helena bank bankers ers are rs suite te that hat It Is t highly improbable they will 11 petition the governor In to call cell calla cella a holiday or that etring house Iou cent certificate will trill be adopted In lieu lIu of cash The Helena bantu bank which have deposit aggregating M nave haY a cash h re rt reserve reserve serve of about 40 pet por o at which with government and state Ule bonds bc or ar second secondary ond ary cry reserve ewsII awl th the proportion to ItI about bout tl 51 per cent Th rh There re have been no unusual demands upon U th the Montana banks benk except tx pt for tor rail ral road contractors contractor who ho were notified to supply funds here hereafter hereafter after |
