THE WALL STREET CRISIS
Shortness Of Cash(Press Association —Copyright.) New York, October 30. '6wing-to shortness of cash there is a general restriction in stock j dealing business throughout the United States. San Francisco banks are issuing Clearing House certificates. New York, October 30. Runs on the Trust Company of America and other Trusts were resumed yesterday in diminished volume. The officials of several of tho suspended ITusts state that tho banks anticipate resuming business on Monday. Mr Oortelyou, Secretary of the Treasury, announces that the Government has deposited £43,723,048 in the National Banks, £14,000,000 of this since early in September. Berlin, October 30. Tho Reichs Bank has raised the discount rate to six and a-half per cent, to prevent gold exports.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 8963, 31 October 1907, Page 2
Word Count
121THE WALL STREET CRISIS Rangitikei Advocate and Manawatu Argus, Volume XXII, Issue 8963, 31 October 1907, Page 2
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