The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-25

moved rather narrowly. Individuals Sc
cur1ties, however, acted feverishly.
Selling of Northern Pacific carried it
down points and Reading 1h. Ore
gon Short Line funding per cent bonds
sold at rs, decline of 77s from yester-
days price.
this kept the tone of the market un-
settled, but the general selling was ac-
tive. The heaviest declines were in
Northern Pacific, Reading and Illinois
Central
The large loans made by ]. Pierpont
Morgan & Co., and their associates to
stock brokers yesterday when the brok-
ers were demoralized were renewed to-
day at per cent
Upon application of State Attorney
General Jackson, temporary receivers
were appointed today for the Knicker-
booker Trust company, which closed its
doors on Tuesday after a run by its
depositors. The receivers are Otto T.
Barnard, Ernest Thalmann, and Gen.
Henry c. Ide, all of New York city.
Recovery in Paris.
Paris, Oct. 25-There was general
recovery of the bourse today and
prices closed firm, owing to the belief
prevalent here that the worst of the
financial troubles in New York is over,
Which resulted in a covering movement
in which copper shares were included.
More Money From Washington.
New York, Oct. 25.-The secretary of
the treasury is continuing to give f1nan-
cial assistance in a large way. The de-
partment is doing everything possible
to allay apprehension. Another large
supply of small bills is being rushed to
New York from Washington. An as
soclate Of the secretary of the treasury
said today that the secretary's refusal
to make any formal statement this
might be accepted as an indi-
cation of Mr.. Cortelyou's belief that
the situation generally is showing i'm
provement.
A statement issued by the subtreas-
ury today shows that local banks gain
ed $22, ZOE, 900 from the subtreasury dur
part the deposits of government funds
made with the New York banks.
1t developed this morning that con-
siderable number of those in line at the
Trust company of America and at the
Trust company were not de-
positors, but persons who had taken
places in line in the hope of selling
favorable positions to depositors who
would be willing to pay for forward
place. Wherever possible these persons
were removed from the line by the po-
lice.
Stock Exchange Still Closed.
Pittsburg, Pa, Oct, 25.-There was no
session OF the stock exchange today.
The directors having decided to remain
closed for the present.
feel1ng OF commence mas OVerSpredd
the entire situation in Pittsburg and
talk with prominent bankers today
elected the information that affairs
are progressing normally and condi-
tions are in good shape"
Brooklyn Bank Closes.
New York, Oct. 25.-The Borough
bank Of Brooklyn, a state institution
with a capital stock of $500, DOC and de-
posits of about $3,000.000, did not open
for business today. Its business was
not very large and no prominent finan-
ciers were connected with it, One of
its principal connections was the
Knickerbocker Trust company which
payments on Tuesday.
Call Money at $1,000.
New York, Oct. 25.-The first quo
tation of call money on the stock ex-
change today was made at 1890
o o'clock, when loans were made at SO
and 60 per cent. An official of the
Harlem Savings bank, where a run
was begun yesterday, announced this
afternoon that the company will at
once take advantage of the sixty days
notice law in cases of all large de-
positors The bank will continue to
honor Immediately the demands of
small depositors who desire to with
draw funds.