Show EVENTS PINT TO GASH PA MENTS New York Banks Are Arc Conscious Of Unusual Strength of Thair Th lr Position IMPROVEMENT EVERYWHERE Oilmen Will n be hl to t IH itt 1 T Tim m l l m Olp hank Of ot Issue New SIW York rk Nov NOT No t JI evet a of ot the wee week et bae be pointed p to the tho th effective r makIa to towards towards wards a I resumption of ot normal 1 and credit The Tho de dee In It inthe I Ith the th currency premium tics b boon l o steady t and n the cl consciousness ha hem beaSt beon ba p gl to d amongst tb banks ot of the He strength of ot their thIr hll position and the tho tb ex ea 8 elusive part played p by distrust In with withholding wU withholding holding th h M from fm paying Ink out oll cash ce and nd regular operations The Tho Te stock tok market haa b ha the te Improved sentiment in an Irregular way wa partly ll from reserve lien due lo to leers fears of ot premature conclusions lo as a to the real ial 1 and partly from the ef of effect nd r tb e feet r t of ot belated In tn withheld which had h been during durin the e crucial cri period of ot depression d conditioned on out later lter liquidation RESUMPTION IN CHICAGO CIUC OO fl g Nov ov 3 aThe The report that Chicago banks will UI resume um currency curre payet Monday Mod was waa wa dIscounted by member of the Lb clearing house hou committee tonight John J Mitchell J president of ot the Illinois Trust A l 8 Mav Kv I in lna bank bk and a I member or of o the cum corn d I The announcement Is I a bit prema premature ture lure We e have set no formal date data d for forthe forthe the resumption of o specie be because b braue because cause raue we am are lre waiting for fl replies to the 60 circular letters which w we sent Int to bankers of ot the t west wt and middle west 10 1 days da s ago aio aJo Thus Ut far fa some Mme 1000 2000 20 re cc return reo turn tum letters leters have reached us U and the theton tone ton of ot these Is I so 10 unIformly encouraging aging RIng that It Is I set Mt to say My that cur cc come payments men will Wn he be resumed rum soon oon The Th exact date however howee has 1 not been en determined Pram irum Fm other sources source it I was learned that the th clearing house ho has h for tor a return to normal conditions IB In II about bout 10 days dal The Tho ap approach loh of the holiday season and Ale tin time th fact tact that hat several severa ever largo large Industrial con concerns corns cerns have been compelled to defer dater fr dividend payments until the time banks bank will wi agree to handle hadle large Irge transactions have have ou e the bank leaders leader to redouble their effort to eort terminate present methods Progress nan has h already been bean Mn m le made de toward this tb und the Chicago clearing ho house loe ne hay hav having ing luA begun bun to 0 cannel UGh of Its Is eec certificates f J us as W are returned re to It tt from fm day d to lo day da BANK DAK New Tork Nov 36 And row Car Cr Crne ne lo received a I letter lottor from Lord Lon Ave Ate Avebury bu of ot th the Central bury president AMO A o elation eaton of Banks correcting some eme ails mis misapprehension lat apprehension concerning his hi position as I to the Ih establishment of ot a contra contral national aton bank In the United Unie State tates I Lord rd Avebury says aya he ht Is II not In favor of such a central Institution and An would be sorry orry rr to see te one hf l lIn In America Mr lr Carnegie agrees with wih Lord Avebury and adds All AU te we e need nd Is II elasticity In cur currency ur rl cone rency acquired b allowing the thu tu Ing Of credit notes not on a Meets assets to one on fourth their value charging bunka on en such a rate rAte of ot |