, 1907-10-25
GREAT FINANCIAL GENERAL U.s.
ING EVERY EFFORT TO RE-
STORE CONFIDENCE IN
MONEY CRISIS.
Assisted by John D. Rockefeller and
other Noted Men Of New York.
and Confidence Coming Back
Controlling twenty-five Millions
Some Small Failures Reported
Brokers Receive Aid From a Pool

New York, Oct. 25.-A much Gamer
ton was apparent in business circles
this morning. The success OF the re-
lief measures undertaken yesterday by
I Pierpont Morgan, John d. Rookie
Teller and other prominent ~financiers,
together with the serenity with which
the officials of the Trust Company OF
America met the run of depositors,
gave great encouragement to the bank
ers and business men generally that
no further trouble was to be feared.
Pool Helped the Brokers.
The $25, 200, 900 made up by a pool
headed by Morgan, which went into
the stock market yesterday afternoon,
is believed to have given permanent
relief to the brokers in need OF funds
to carry the stock bought and sold on
margins for customers.
corteIyou Optimistic.
In an address last night at a dinner
given by the Graduates club, Secre-
tary Cortelyou referred to the financial
situation, saying: I'VE are having a
trying experience, but with all its en-
barrassments 1 find my faith in the
general stability of business strength
ened by the examples I have seen OF
the high courage and splendid devo-
ton to the public welfare shown by
many men Of great influence In the
commercial and industrial life of this
city.
Evil Interests Seourqed.
txrA- -,~- -11~~- hnun hnnn f0rft.
fed, but what Is better. those Of evil
influence have been scourged from
their positions, and the determination
to carry this work forward will have
a far reaching influence in restoring
public confidence"
Small Concern s%uspends.
The announcement was made this
morning that the United States Ex-
change bank, a small institution in
Harlem, would not open for business
today. The bank has little more than
$500, 900 on deposit, and its suspension
was entirely without effect.
D~epositors In Line.
There were lines Of depositors wait
ing this morning In front Of the Trust
Company Of America and the Lincoln
Trust company's uptown banking Of
fee.
Woman in Line All Night.
The line at the office of the Trust
Company OF America was maintained
all night, and at the head was a wo-
man who declined to leave her place,
even when the men behind promised
to restore 1t to her in the morning.
international Trust coIIapses.
The International Trust company,
one of the small and inconspicuous
trust companies, closed its doors at
1O:40. This company had business
connection with the Borough bank Of
Brooklyn, which suspended today.
Brooklyn Bank Quits.
The Brooklyn bank at Fulton n
Clinton streets did not open today. 1t
has a capital stock Of $500. 900 and
owes about $1,500, 900.
Will Require Long Notice.
The Union Dime Savings bank this
afternoon posted a notice that it will
require sixty days notice from depos'
itors desiring to withdraw. 1t owes
depositors $27 400 900.
Small Brooklyn Failure.
The Jenkins Trust company OF
Brooklyn, not an important institu-
ton, closed this afternoon, with de-
posts Of $500, 900.
state Bank S%uspends.
The Borough bank Of Brooklyn, a
state Institution, with a capital OF
5000, 900 and deposits of about $4,000
900, did not open for business today.
Its business was not YER large and
no prominent fnanciers are connected
with 1t.
Connected With kniekerbocker.
One Of its principal connections was
the Knickerbocker Trust company,
which suspended business Tuesday.
Payments Resumed.
The Lincoln Trust company resumed
payment to deposits today, as usual.