Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1907-10-28
Largest Institution OF the
Kind in the City in
Danger.
NOTICE Is DEMANDED
OsDosiiOrs Allowed but Part OF
Their Cash---G0!d is Pur-
chased in London.

Chicago, Oct 2S.-Within an hour
people lined up at the withdrawal win
COWS of the Illinois Trust & Savings
bank, which has the largest number
If savings accounts in the city. Depos-
itors were allowed, if they wished, to
lake out sums under 500, but for all
amounts over, the full legal notice is
required The majority of those i'll
the bank during the early part of the
day gave notice of their intention to
withdraw money. There was no excite
nent.
Many Give Notice.
In the Hibernian Savings bank about
q hundred people had given notice of
withdrawal by II o'clock and as many
more were waiting in line. At the
other savings banks business appeared
II be on a normal basis. DepOsitors
having checking accounts did not ap-
pear worried in the least by the situa-
tion, and business proceeded upon nor
NAL lines in all banks.
COrtelyOu Hears Good Reports.
Washington, Oct. 2S.-Secretary Cor
telyou stated today he had received
very reassuTing reports from New
York, Chicago and other points, and
that everywhere confidence was be-
ing restored and conditions much i'm
proved.
Kansas City Bank Closes.
Kansas City. Oct 2S.-The Bankers
Trust company, with deposits of $780,
600, closed this morning. Cashier
Hughes said they had decided to close
temporarily because of clearing house
certificates.
Buying Bar Gold Abroad.
London, Oct 2S.-The United States
secured all the bar gold offered today
in the market, totalling nearly $4,000,
600. The price was $3.50. This is
2Ja cents higher than previous quota
tions, indicating the keenest of compe
t,tiOn. Both Paris and London bid
against the United States.
Keep Money Out OF stock Market.
New York, Oct. 2S-Any disposition
TO secure money obligations for thC
purpose of operating in the stock mar
ket was frowned upon and business
kept at low ebb The delay in the
appearance of supplies of money there
caused no anxiety, as intimations were
given loans would be carried over an
other day and money would be sup
plied when needed most. Prices con
t.nued to show an advance.
Affects Grain Prices.
Chicago, Oct. 2S.-The financial con
iition in New York and the action o
local banks in deciding to issue clear
lug house certificates and TO deman
full legal notice on the withdrawal O
lime deposits. caused a weak marke
10 all the grain pits today Wheat dc
clined cents, corn l cent, and oat
1is. Selling was in quite large vo
lue, but the demand slack. Buyer
were extremely reluctant to take hole
Duluth Board Suspends.
Duluth, Oct 2S.-Trading in graf
vas suspended On the board of trad
his morning owing to money cond
tiOGs. No sales were made in eithe
cash grain or options, although tn
trading room was open and member
were on the floor. Business will NJ
be resumed until conditions improv
Country elevators are being advise
not to buy grain.
Cashier Suicides.
Akron, Ohio, Oct. 2S.-The Doll;
Savings bank was closed today by G
der of the directors until after the
neral of Fred A. Boron, cashier, WI
committed suicide yesterday. In Il
meantime an investigation of Boron
accounts is going on and moveme
is on foot to have the other banks
the city take this institution over. II
G0-day limit has been ordered enforc
on all savings accounts in all banks.