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Show NEW YORK'S DLACK TRIDAY. Several Trust Companlet and One National Na-tional Dank Suipend. New York Friday wa another nerve-wrecking day, but the financial Inttltullon of New York havo shown extraordinary power of rotltlance to tho preiture put uion them. While It I true that several minor Institutions; have been forced to tlose their door, yot two thing should bo mid about them. First, that tho amount Involved wa not so great a to exert nny marked Influence on tho general situation, nn thoao banks wero located In residential residen-tial quarter and did not come Into touch with tha larger financial fasti- lullons of tho mutropoUs; and. second, 'r! them Is overy reason lo Imllevn tliou .ifJlVl those bank nml trust compunle nro V entirely solvent, and their difficulties ( will provo to bo only temporary. Thu Institutions which closed their J- dnora on Friday, with Iho sum duo- depositors, weru- Tho United HtnteoJ 1 ISxchange bank, Harlem, 1 000,000; In- J ternutlnnal Trust company, about . 11 00.000 ; tha Ilornugh Dank of 11 rook- . lyn, J 1.000,000; tho llrooklyn bank, J 1.300,000, Wllllamsbinx Trust company. com-pany. llronklMi. l7.Kuo.uon. and III" First National bank of Itiooklyn, IJ.- , 500,000. ' |
