The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-22
Men We're Paid in Checks and
Couldn't Cash Them.
COMPROMISE is MADE.
By Which They Will Get 10
Per Cent in Money.
1t Is Expected That All Will
Return to Work.

Reno, New, Nov. 22.-Train service
on the Southern Pacific east Of here
and all work in the shops was suspend
ed as a result of the payment of the
employees of the company in checks.
The pay car left checks as usual, but
when the men presented them at the
banks, payment was refused because
the checks were indorsed on the face
payable in funds current at the San
Francisco clearing house,
F1remen and engineers left their
trains and refused to turn a wheel until
cash was forthcoming. Eastbound
trains were tied up, except mail trains.
A compromise was finally arranged by
which the men will receive 10 per cent
of their pay in cash. 1t is thought they
VIII return to work today.
Pinch Reaches ST. Petersburg.
st. Petersburg, Nov. 22.-The open
ing of the electric street railway lines
ly owing to the suspension of the credit
OF the Russian Westinghouse concern,
which is unable to obtain cars or
equipment without cash payments. A
sumo the responsibility incurred has
been made to the board of aldermen Of
st. Petersburg.
Suspended Bank Reopens.
Portland, Ore. Nov. Ex-senator E.
w. HaineS' bank at Forest Grove, Ore.
opened for business this morning and
claims to be doing a normal business.
Depositors on Hand.
New York, Nov. 22.-The Terminal
bank, one of the Brooklyn institutions
which closed their doors several weeks
ago. reopened for business today. More
than one hundred depositors were in
line and $4,000 was deposited during
the first hour.
Passes S76,OOO,OOO.
New York, Nov. 22.-Engagements
of foreign gold to relieve the money
stringency in the United States today
passed the $76,0O0,000 mark when
Lazard Freres announced that they
had completed negotiations for an ad-
ditional $2,0OO,000. Goldman, Sachs
4 Co., also engaged 100000 today. q
portion of it in Paris. This brings the
total to $76,2Oo,00O.
Money Still at a Premium.
New York, Nov. 22.-So brisk is the
demand for currency that it was dealt
in on the curb yesterday and those in
need employed brokers to bid for 1t.
The opening sale of money was a lot
Of $4,000 which brought from 2aS per
cent to 212 per cent For gold due to ar
rive tomorrow 2 per cent premium was
bid and for gold due next week ~ per |
cent.
Demanded Cash and Got 1t.
Chicago, Nov PA dispatch to the |
Tribune from Milwaukee, Wis, says:
Troubles of wealth weighed heavily |
IN the hands of Peter Callahan of Chi |
:ago yesterday because he did not want |
bank certificates. Mr.. Cal |
ihan came to visit one of the Milwau- |
zee banking institutions where his per- |
;onal note for SIS was due.
''Take the change out of that" COM /
handed Mr.. Callahan, handing out a ST. |
100 bill.
He refused scrip. Finally Mr.. Gala
ian visited an attorney, who effected |
In agreement whereby he was paid in |
ash. The cash was counted out. It |
consisted Of 974 silver dollars and some |
mall change, weighing so pounds.
Gold Coming From Japan.
Honolulu, Nov 22-The Korea, which |
rrived from the Orient last night has
100000 in Japanese gold aboard for
ian Francisco