Show THREATENED I PANIC I NOW NOtY AT AN END i All AlI Depositors Paid Off Promptly Prompt Prompt- ly and Everybody Satisfied J GOLD FROM OLD COUNTRY I j i Superintendent of Bankin Banking b T Says He Expects No More I i I Trouble I I j i New Nev York Nov o C. C c- c G. A pel period loci WitS was put I to lu th time the ba banking Oun flurry today b by the action cllon 1 U of or t the Ic tru trust t companies committee In taking t temporary por u- u uchu chu charge r e of tho tim control control- ling stock of ur thc te Tu Trust t Company of America and nn tile HIP Lincoln Trust t company Doth Both of these institutions paid patti on oft J d depositors de- de during banking hours with tho the I greatest te t Jo speed sped p c l U and by 11 y 3 I o'clock i I the runs rum which ha e liming hung on J Jy the Trust rust tt co Corn com pony practically lra were at an j end endAll All 11 th through the financial u I district th there rc vere c o o or re i Tho rhu tension which has hag lIun hung about tho thi cier- cier log InS for to th tunic l WC weeks IM HJ tho oC 0 tho the committee who J ht n e It I Hc ii r t Tnt o. o the first In lie lie-eo w weeks o tos there thelo were no night ne of- of eON o Importance The Tho Morgan art alt rv gallery on 11 l Fast street t. t where the problem of ot tho JH liu hu t companies com coin ns solved Mol S I dark aJ The rite of or the ln Knickerbocker Trust tt Company oll which Is 18 in lh lie hands of or temporary tem teal puran t r was wall the acetic of much activity The rime experts employed l IJ by- by depositors depositors' llo committees c were SVere going over eve the books bouks Mors than S OOOO In I irold bars an 1 coin cola which ha had la hen been held twenty four hours on 00 the North oh German Cerman Llo Lloyd tl liner Kron Kon Prim J Essin Cecilia was transferred to various arlous banks hanl on un guarded trucks with sith- without out lout unusual Incident although h a u crowd in hi front of time the treasury sub at atWall Wall und and Nassau Xu streets The rho mono mone money was mostly In tn the time turin torm of American America eagles and anul double la JeB TIme The u advanced C 1 practically eaU the full lull value alno of the gold s coin cun deposited then then- GIl t ittel atc L nUll Hun I In III ii I tory lury The Tho story of time tho Trust Company u vf f A America mellea run was UIS toW told oh by President Thome in a 0 statement In which he ie said When time the storm broke to m mv my utter amazement till the chief f force was directed I n against time iho Trust Company of or America It Is idle to discuss s th tiLe J reason wh why Th The fact remains that public attention was riveted upon this institution and time tHO run developed into Inlo a a. perSistent and oud stead stead- fa n-il n t demand This run was n In 10 tho history of or bunking banking On a a. few days as our receipts were in cc excess of our payments hut a altogether 11 OJ e th PI we have hu pal paid out moro morn 1 l than han of stress tr Throughout hout the Uw whole wimmie period sJ I have courted th thi closest cst examination Into our affairs and last host Saturday night at m my instance thc banking Interests who hat had been to so helpful lh in the emergency enc ency appointed tJ a committee of or experts lo to go o through our assets h ex experts ox- ox p ts haul hal no nu Interest In the matter whatever what what- I ever and anti the they found foum that we hn had enough even cn at the thc pre ent low market prices to pa pay every cry dollar of or our 1 depo deposits tI alII and amid to leave e our capital Intact and a n substantial substantial sub sub- surplus TSo N. m JH Coming There here have o been all nIl sorts ports of wild lId rumors afloat but It 1 is If now definitely 1 known that no or director of or the bank has been improperly using Its Us fund It lt Is 18 that our assets were clean and our reserve a adequate quate I am nm unable to see ece that the tho management cm nt was In on nil any ona wa a way n a fair all subject for criticism critIcism- I 1 should b bo be untrue to m myself If 1 T I dd dad not moke ipke acknowledgement nt of ur Iho splendid help we have received at lit lh the hands handset handsor of our r. r fellow fallow lIow brokers In New cy York I A number of men mel melor of or hl high h character and undoubted responsibility have hu ent entered into nt j I an Q agreement by b- which the majority of our stock Is ho to lo ho eno with them themas thema a as oUn voting trustees und and the they arc are to act oct as an advisory advisor committee III in co opera llon with witt time board of directors lr ctol's The rhe 0 five m mon men n nho who ho are arc In tn advisory ad control con eun- troi tol of th the Trust Company Compau of or and the Lincoln Trust company met after af ar- ter banking hours In the presidents president's room of tin tin- Union Trust company n on Broadway tIme The members mb r were l Edward d Jin King ICing president Of nf tho tim Union Trust com com- pithy Edward Shelton Shellon of th the t Trust Tn t company 1 Edward S. S Marlon Marston president of or the time Farmers r Loan I Trust Tr company compan and John Join J 7 1 bury president enl of the time Manhattan Trust I coin company pans pans' rhe They had figures ll front from the time two iwo trust I on oil the tho amounts thud paid out to- to dav ilay and arranged the details for Cor caring carlny for withdrawals At tt the close clone of or the time con conference ferenc It was sub said there was ad no need of a statement To ru T Ko c cIt It TI developed coped today that Clark Williams time tilt state superintendent of banking tol told the directors of or the Iho trust trUit companies I who were not satisfied d with Mr I. I Morgan's Morgans Mor Mor- gan's gans plan fur for the continuation of or busl busi- tress ness at some sacrifice a of collateral that thai I unless they arranged lo to pay lillY ull demands to today cHI ho ie would take charge of or their i banks to conserve e the interests of depeal depositors de de- de- de peal tors Time The trust companies are an all right Ight I now hu lie declared and amid I 1 anticipate no noI I I further trouble from rol them |