PARKER'S HAIR BALSAMCl«aa«es and t**»tlflas th« hair. Fro-motes a luxuriant growth.Never Fall* *• Restore Gray Hair

to Its Youthful Color.Core* scalp disease* and hair faJllms-

&o«. and 11.00 at Draggtata.

SOME BANK HISTORY.

First National Bank was organized inI^_'. Burly last September Americus J. Leon-

rmerly of the Fourth National Bank ofManhattan, was elected vice-president, and itwas announced he would take over much of themanagement of the bank, as John G. Jenkins.er., the president, was an old man. Mr. Jenkins•as taken Eick at the bank last night and wastaken to his home in Sea Cliff. Marshall S.*>rigge, president of the Williamsburg CityFire Insurance Company, who had been alliedwith the various Jenkins enterprises, withdrewfrom the First National Bank several monthsago. It was said there had been some misun-demanding between him and Mr. Jenkins. WithMr. Driggs went a number of his friends. Itwas declared yesterday that the BrooklynRapidTransit Company had recently withdrawn muchof Ks money from the First National.

The Williamsburg Trust Company was or-ganized in 1599. John G. Jenkins, sr.. was It3preafdeot for many years, but last November heresigned in favor of his son Frank. The JenkinsTrjst Company was organized in 1906, withJonn G. Jenkins, jr., as president. Soon after-w&rd it absorbed a number of small banks andorganized sstwgsj branches.It was learned that the Williamsburg Trust

Company was short of cash when before noon itrefused o cash a check for $10,000, but offereda dMck on another bank. A director who hadtri'-d to rn-.y.- fHHMrfrft On MOOjOOO of cr.llatr-ralearly Jn the morning in Manhattan reported his: This depositors kept coming In bu< iilarge numbers that suspension was the onlycourse to pursue Fernando Folanger, counsel

READY FUN-DP LACKING.It*Brooklyn Bajik. -which Is a branch of the

International Trust Company of Manhattan, andthe Borourh. Bank, posted notices of suspensiondue to lack of. ready funds before the openingof banking: hours. Soon after it opened theGuardian Savings Bank, which is a small in-rtitution, of which Controller Herman A. Metzwas formerly president, fourd it necessary toresort to the "sixty day clause," which givestavings banks the right to demand sixty days'notice of withdrawal on the part of their depos-itors. Payment was stopped at once, it wassaid that the Guardian deposited $30,000 withthe Borough Bank on Thursday. When itwanted to get. the money yesterday it could notd* so on account of the suspension of the Bor-ough Bar:k.

The Williamsburgr Trust Company suspendedpayment about 12:30 o'clock. Soon after noticeof suspension was posted in the main office andbrarcb.es of the Jenkins Trust Company. Theofficers of both institutions declared them tob* perfectly solvent, but unable to meet theheavy demands of depositors for cash. TheSBJayinafju of the First National Bank, which\u25a0was t?!« only Brooklyn member of the NewYork Clearing House, was directly due, it wasMR to the suspension of the Wllliamsburg andthe Jenkins Trust companies, for which theFirst National of Brooklyn acted as clearing-ap*n«. The directors of the latter, knowing thatthey noM be responsible for the paper of thetrust companies that migrht come in to-day ifth.y dM not suspend, decided that (suspension\u25a0PDtdd be th* beet way of protecting their owndepositors.

rontroller Rilereiy placed George T. Cutts, arational bank examiner, in charge. The latestiqpstts from the First National of Brooklynreceived by the Controller of the Currency

reel aVpoaft* of $3,220,706. surplus funds and\u25a0ndhrided profits of $701,345, and loans and dis-

of .?2.077.454.

Borough Bank. Xo. JO Court street; HowardMaxwell, president (branches, old Eighth WardBack, at Third avenue and 51Ft street; at XewUtrecht avenue. Borough Park); surplus, $179,-379: deposits. $4.040. 435.

Brooklyn Bank, Fulton and Clinton streets(branch of the International Trust Company, H.E. Hutchlnson, vice-president. in charge); sur-plus, $112,160; deposits, $2,469,525.

Guardian Savings Bank. Third avenue and89th street.

Jonklns Trust Company, Gates and Nostrandavenues. J. G. Jenkins, Jr., president (branch^

at £*urf avenu« and West 12th street. Coney Isl-

and: at Bay 20th street and Bath avenue, BathBeach; at Broadway and Myrtle avenue and at

Ko. 1745 Broadway) :-

irplus, $856,185; deposits,$4,344,882.

Wiliiamsburg Trust Company. Broadway and

Kent avenue; Frank Jenkins. president

(branrhes at "So. Ml Fulton street and atBroadway and Myrtle avenue); surplus. $368,-828; deposits, $8,360,250.

Six banks, with their branches, suspended

payments in Brooklyn yesterday. There were

heavy withdrawals from several other banks,

especially the savings banks, but bankers in a

position to know said the Brooklyn banks were

eolvent and that there would be no actual fail-ures. The International Trust Company ofMan-hattan, organized by persons Interested in two

of the Brooklyn banks, also suspended.

The banks that suspended, according to thereports of last August, are as follows:

First National Bank, Kent avenue and Broad-way, John G. Jenkins, president; surplus, $701,-345; deposits, ?4.25T»."74.

Official*. Hoxicver, Declare Institu-tions Solvent.

posits, $10,600. The officers and directors of thebank are: President. John J. Gtbbens;

James J. O'Shaughnessy: directors, Henry Behnmg,

Jr.. Charles A.Belling. John J. Gibbons, Henry M.

Heart, George M. Huber. John M. Uncle,Meurer, Miles M. CVBrlrn. Dl k 8. Ra:

A. Sovak and John H. Van Time.The foregoing are mostly Harlem bnstnesaTne closing of the bank was nut attended by any

excitement, and the policemen who wen sent therein anticipation of a possible scene had only thework of keeping the curious moving. One <>f th>>directors said that the United States Kx«hani;oBank was absolutely solvent and had S iesens Of20 per cent. The bank would resume its business,h< said, as ?oon as tlio scare was over.

At the Harlem Savings Hank, at 124 th Street andThird avenue, the run benun on Thursday con-tinued throughout t'.:s day. tinr. being in lino asearly as 8 o'clock about two hundred depositors.Tho paying out wont on as steadily as on the daybefore, the persons demanding; tl" lr money beingmostly workingpeople. The business men carryingaccounts there showed no concern and left theiraccounts untouched. About noon William K. Trot-ter, president of the bank, issued this notice;

On account of the unsettled condition <>f th<>money market in the United Stat. s to-day, we navedecided for the benertt of our depositors ti> takeadvantage of tho sixty-day clause, and will there-fore not pay any large accounts. Notice for allmoney must b<- given in writing. Moderate ac-counts will 1)0 paid to needy depositors.

Trotter explained that any account not ex-ceeding $100 would be paid EUchard Webber, awealthy Harlem butcher, who is a director <>t' thebank, posted a notice In his establii ami at awiTtng

Runs Continue on Other Nortk SideInstitutions.

The development yesterday in the Harlem banksituation was the suspension of the United StatesExchange Bank, a small institution, at Nos. 23 and2.» West 126th utreet. The bank is withlu a few

blocks of tlio Hamilton Bank, the Empire Cfty

Savings Bank and the Twelfth Ward Bank, the

three Harlem banks that suspended payment onThursday, all of which are in 135th street.

The PXDianatlon for the closing; of the UnitedStates n.mk was contained in the following notice,

posted on the door early in the morning:

In eoaseojnenoa of the closing of other banksand th«- unusual demand for cash, we have decidedto remain closed to-day. This bank Is perfectlysolvent These are extraordinary times, and womust use extraordinary measures to protect our-selves and our depositors.

Later In the day A. T. Campbell, State Bank Ex-amln, r, took charge and began an examinationof the bank's collateral securities. The last report

of the Institution filed with the State Banking De-partment, in August, showed its status as follows:Capital, J100.000; net profits, 137,500; assets. $781,600.divided as follows: Loans, $ti49,<..li)O; stocks and bonds,$14,000; rnal estate, $i:i,3<*); du<* from banks, $2,200;due- from reserve agents, $50,500; exchanges forClearing House, 0,900; specif*, $3,200; legal tender.$17,900; overdrafts, $1,300. The liabilities were: Duebanks, $5,500; other depositors, $626,000; preferred de-

HARLEMBANKS SUSPEND.

(For othtr news of the financial situation, seePage 8.)

Gregory & Gulick & Co. Stop—

Holt

Prevents Sale of Securities.Gregory & Gullek & Co.. of No.-CO Broadway, a

Consolidated Stock Exchsr.ge rlrna. announced theirsuspension yesterday. The manager said the fail-ure was due to the tightness of the money marketand the impossibility of making loans on any kindof security.

"Our sheets went through th* Clearing Housethis morning with a balance in our favor." ha said,

"and there was nothing to prevent us from going

on trading: if we wanted to. but owing to the diffi-culty of getting money under present conditions ire

thought it best to make a voluntary suspension."

He adJed that the liabilities would amount toabout $5.«»>. which the firm expected to pay dollarfor dollar. He did not know, he said, whether theywould resume business. The members of th* firmare Howard Gregory, the exchange member; J. Gal-bralth Gulick and Henry Reuter. It has been inexistence a little over t«j years, and the failurewas not considered Important.

An involuntary petition in bankruptcy was filedin the United States District Court against thefirm yesterday. The three petitioning creditorswere John C. Gulick. with a claim of COCO; Joseph

Rotchford. $IS, and Alexander Hilson. $8. ItIs al-leged that the bankrupts admitted Insolvency and awillingness to be adjudicated bankrupts. OriganS. Seymour, a lawyer, of No. 52 William street, wasappointed receiver, with a bond of 13,560. Judge

Holt signed an order restraining any one fromdisposing of any assets in which the bankrupt firmheld an equity.

LITTLE EXCHANGE FHtM SUSPENDS

THE EQUITABLE TRUST CO.OF NEW YORK

Fifteen Nassau St.. New York City

receives depositsof trust and other funds subject

to check or for periods of time,

on an interest bearing basis

secured by itsCAPITAL,

- - - - $3,000,000.00

SURPLUS,- - = -

10,000,000.00TOTAL, - - - -

$13,000,000.00

None of the Hamilton Bank's depositors appearedat the opening time yesterday, as it was well un-derstood that the bank would not be open forseveral days. During the day a few people stoppedbefore the institution, looked insld* through thebarred windows and went away again.

The Empire Savirfgs Bank opened yesterday, butpaid out no money, insisting Inall cases on thirtydays' notice of withdrawal. Isaac A. Hopper,president of the bank, said that the withdrawalstiled on Thursday would amount to between $400.-

(»» and {300.000. He said he expected that at theend of the thirty days the depositors would prob-ably decide to leave their accounts, as they didon a similar occasion in 1533. The number ofwithdrawal notices yesterday was about half thenumber filed

xthe day before.

Mack S. Smith, state bank examiner, continuedyesterday his examination into the affairs of theTwelfth Ward Bank, at 135th street and Lexington

avenue

So many things are said in the newspapers thatIwant to say .i word. The president of the Dol-lar Savings: Bank is John Haften and the secre-tary Is William M. Kern.

We do not know how to sail a balloon, but wedo know how to run a savings bank and to behonest in what wo tell you. Keep in line andI).' patk'nt. ami you will be waited on. The bankWill be open from 10 to 3 o'clock every day exceptSunday, and we have plenty Of money to goaround. The Dollar Savings Bank la managed bya board of trustees (and yon know most of thempersonally) who never did get paid for being trus-tees, and don't expect to. as they do this workvoluntarily for your good. It makes no differ-ence to them whether you put your money in ort.ike It out. but it makes a difference to youwhether a savings bank is here or not. If you haddo savings bank you would have to carry yourmoney around with you and take your chasm of\u25a0pending it.or losing it. or having itstolen, or Ifyou left it home, it might bo lost or stolen orburned up.1 am not going to ask you to go home without

your money; on th contrary, come and get itBut Iwant to say this: We are having hardtimes in this city. For over a year the peoplehave not been able to save up more than theyhave had to draw out. Now. the money put' in asavings bank, is used by the trustees for threethings: First, mortgages on buildings in theneighborhood: second, city and railroad bonds:third, cash for use in paying depositors. Duringthe year hundreds of builders have shut down be-cause they could not find a, savings bank withmoney to •par* for the mortgages they wanted.When the bulkier shuts down he throws a lot ofDM out of work, and makes the times harderstill.

his employes of their deposits, offering:. Ifdesired,to guarantee the amount of their accounts.

The paying off went*on until 3 o'clock, when thedoors erf the bank were closed, leaving a longline -' 11 on Hi • sidewalk. At one time in theday the crowd iumbered close to eight hundred.Now and again the police had to suppress an un-ruly person, but on the whole it was an orderlycrowd. The payment of small accounts will goon this morning. John J. Bell, a director, saidthat about $400,000 had been paid out.

The run on the Dollar Savings Bank in TheBronx had its third day yesterday, and about15,000 more was withdrawn, making In all about$30,000. The doors opened and closed at the usualhours, and at 3 o'clock about four hundred stillwaited. About two thousand accounts have beenclosed In the three days' run.

William M. Kern, secretary of the bank, issueda statement In circular form, which was distrib-uted with son effect among the depositors. Thecircular read m part:

COLUMBUS STEEL PLANT TO CLOSE.Columbus, Ohio. Oct. 25.—Th« Columbus plant of

the United States 'Steel Corporation employingeight hundred men, will close Indefinitely to-mor-row. The order* received to-day gave no reasontor the suspension,

William Gow was <^nn of the leading organ-ilzerß of the International Bark, which has a!capital of (500,000 and surplus of the same!amount. In closing the doors of the institution;the announcement was made that it had beenunable to gr~t cash, and had closed for the

j benefit of ita depositors. No official statementwas made. Mr. Gow was seen after the meet-

: ing of the Borough Bank directors, but refusedto talk at lenjrth about the. situation. He said

Ihe did not know that any politicians had beenaccommodated by the Borough Bank. He wouldnot discuss the. details of the financing of theInternational Trust Company.

BROOKLYN AN OLD BANK.

The Brooklyn Bank, which was organized In18S2, is one of the oldest financial instltu-

Itions in that borough, and had always been; regarded as extremely conservative. Henry E.iHutchinson was elected president in 1880. Wlth-Iin two years the Interests that formed the In-:ternatlonal Trust Company had obtained controlIof the Brooklyn, and it was no surprise when'

two weeks ago it was announced that theBrooklyn Bank hid been absorbed by the young

| trust company, and would be continued as one

of the trust company's branches. Mr. HuUhin-Bon, as vice-president of the trust company, re-

mained in charge. On Thursday the Brooklyn

Bank paid out some $300,000 to depositors, but

Mr. Hutchinson had no idea it would be neces-

sary to suspend. When be reached the bank

yesterday morning he was astounded to findthe notice of suspension, signed by Thomas M.

Halsey. cashier, on orders from the Interna-

tional Trust Company, on the door. Dp to the

time of its merger with the International TrustCompany, the Oriental Hank had acted as itsclearing agent.

The Brooklyn Bank had furnished the pay-

rolls for about sixty manufacturing concerns.Not being able to furnish this money, it was

thought best to suspend. There were a large

number of industrial concerns on the books of

Irst National, an* the Willtamsburg and

Jenkins Trust companies, and thousands ofBrooklyn workmen will go without their wages

this week, it Is feared there may be trouble at

some of the factories to-day.

Throngs of depositors gathered at the doors

of all the dosed Institutions, but there was nogreat amount of excitement.

Following the closing of the Williamsburg

Trust Company End the other institutions in

the I'^tern District there was a rush to make

Withdrawals from the Nassau Trust Company.

at Broadway and Bedford avenue, but-

Wy got all the money be asked for. One of

the officers of the bank said that Us balances

were all right and it did not expect any trouble

to-day or in the future.One of the features of the Brooklyn Bltuatlon

was the rush to withdraw deposits from the

savings bar.ks. Both the Dime and the Br \u25a0\u25a0\u25a0!•--

lyn Barings banks, two of the largest in the

borough w.-re crowded all day. The formerpaid out more than $200,000. it Is said. To-day

the savings banks will put into force the sixty-

day nlle. This Will BOt only stop any runs onthem, but -will make it unnecessary for them

to call on the other banks and trust companies

for cash. These calls have for several days

been annoying to some of the banks. The presi-

dent of the Dime Savings said last night that

his institution would not call any of its mort-

gages due, as it would not be necessary.A careful canvass of the financial district and

talks with the leading bankers in Brooklyn yes-

terday afternoon showed that there were no ru-

mors of any other institutions being In difficul-

ties. Als are solvent, it is said, and are in a

strong position because they have never at-

tempted in Brooklyn to finance enterprises

which, while bringing in large interest returns,

were of doubtful stability. Many of the Insti-tutions said their wthdrawals yesterday were

lets than on Thursday, and the timidity of thedepositors was expected to disappear altogether

with the gradual improvement of the general

actuation in Manhattan.^

Among the depositors with the Borough Bankis ex-Senator William it Reynolds, the realtypromoter. It may be that building and realtyoperations of a number of operators on I^onrrIsland may have to be curtailed. Mr. Reynoldssaid that he bad personal accounts and the ac-count of the Monta ik Theatre in the Borough

Bank. He denied that he. had borrowed moneyfrom the bank. There was a report, however,that it had discounted The notes of many con-tractors and politicians in Brooklyn. This wasdenied by the officials.

The connection between the Internationa]Trust Company of Manhattan, which opened forbusiness at Broadway and Fulton street, Man-hattan, on October 2, and the. men In controlof the Borough Bank and the old BrooklynBank, now a branch of the International TrustCompany, can best be shown in the following:lists of directors:

DIRECTORS COMPARED.Borough Bank:Howard Maxwell, president: Herman Wiseh-mann, vice-president; William s. Hurley, vice-

president; Arthur P. Campbell, cashier; di-rectors, Willis n J. Buttling,Robert J. Cudfilhy,Warren T. PWendor*, John J. Fitzgerald, Will-iam Gow, William s. Hurley, A. I>. Campbell,Oustave A. Holm, David B. Hutton, Albert E.Kleinert, Charles K. Levy, Thomns F\ Martin,Howard Maxwell, and Hermann Wischmann,

International Trust C -mpany:

Howard Maxwell, president: Henry E. Hutrh-inson, Kelson B. Burr, John s. Jenkins ajidOilver M. Denton, vice-presidents; J. F. Buuker.secretary; directors, Henry K. Hutchinson pres-ident of the Brooklyn Bank; Howard Maxwell,president of the Borough Hank; William Gow.a director In the Borough Bank; Oliver M. Den-tan, vice-president of the Brooklyn Bank: Will-iam S. Hurley, Robert J. Cuddlhy and DavidB. Hutton. directors in the Borough Bank; Nel-son B. Burr and John B. Jenkins, directors inth<» Brooklyn Bank; Stanley R Gunnlson,Charles F. Darlington, M. B. Bpratt and Archi-bald C. Shenstone.

The unusual demand! of depositors during thelast few days, amounting to $1,500,000, haveexhausted the bank's supply of cash.The Banking Department is expected to makeand complete an examination of the bank atonce. When it is completed, a statement of it?condition will be made.

There was a meeting of the directors of thebank. starting at 5 o'clock yesterday and last-Ing for three hours. When it was completed.Paul Grout, acting as counsel, refused to answerany Questions, and said that no statement ofany kind would be made.

for the trust company, says it will be able tomeet every claim.

John G. Jenkins, sr.. president of the FirstRational Bank of Brooklyn, said before he wastaken sick that his bank was perfectly solvent.dvi would not open again until it had sufficientmoney to meet all demands.BOROUGH AN' INTERNATIONAL BANK.The Borough Bank of Brooklyn was. organ-

ized in 1902. Howard Maxwell, Its president,was one of the organizers of Hie International™* Company, which started business on Oc-tober 2. All arrangements had been made toturn the Borough Bank over to the Interna-tional Trust Company, but the formal transferhad not been made.

About five days ago the Oriental Bank, ofManhattan, which had been the clearing agentfor the Borough Bank, refused to act any long-er in that capacity, as II had learned that theBorough Bank had been losing deposits rapid-ly. Itwas a great surprise, however, to most ofthose Interested in the Borough Bank when Itsofficers issued the following statement yester-day;

Corn Field

SweetnessCorn has been known as a food sin£e the days

of the prophets, but it may safely be said ithas never before been prepared in so deliciousa form as Elijah's Manna.

This food is simply the sweetness of the

tcorn field done up in packages ready to eatwithout the bother of cooking., Itis made ofpearly white corn rolled into flakes andtoasted a delicious brown.

Grocers mO large Family size at 15 cents.

Elijah'sTS KBMaLtina

The most delirious flavour of any flalre foodknown.

"".'''.'

Hade by Postum Cereal Co., Ltd., Battle<*•*•» Mich.

\u25a0se^ :-'- \u25a0\u25a0*\u25a0'\u25a0...

VjrCCnhlll There is no better merchandise than that shown in this store— none better is made— we

QPIJ ransacked Europe and America for the test they could produce and secured it.

/"* Such merchahdise can never be little priced, but we have proved that it need not be soVOmpany fog^ priced as it has always been held. Prices like these —typical of a geheral policy

throughout all departments —are unique in the records of high class retailing.

The following offers of Ostrich Feathers for Saturdays Selling preseht values that we te-lieve to be unmatched in present-day retailing of goods of this class. «

The hats at 5.75 are equally remarkable in the taste and beauty of design and grade ofOstrich materials offered at the price.Pi

rirst quality ostrich plumes in black, white and colors of a grade almost hever sold regu-

5™ larly under $4.50 2.65Marabout Pompons with aigrette effects, usually sold at $2 1.45Ready-to-wear hats in a large variety of shapes and effects, comparable with those usuallysold at 8. and 9.50 5.75Untrimmed fur felt hats, $2 value 1.45

Toilet Helps Toilet helps are not helps unless they are the very best. These are—and at decided un-

and derpricings.Ioilet Iable Hair brushes with backs of ebony, olive and rosewood, hau de cologne 1826 18c, 33c, 52cAccessories bleached and unbleached bristles; value I. to 1.50, 75c Nail Brushes, solid wood backs; value 35c . . 20c

Crcme Acacia, a delicately scented skin food especiallyKcnfs English Tooth Brushes, assorted styles; value 25c valuable as a foundation for face powder; valueeidi 2 for 25c 50c, 30c

Men's rubber barber combs, coarse and coarse and fine;Swansdown puffs, backs of pink, blue and white satin; value 25c 15cvalue 20c 10c Ladies' rubber dressing combs, coarse and coarse and

,M

fine; value 35c and 50c 25cGreen olive oilbar soap. 2Üb. bars; value 2oc . 18c Roger & Gallet face powder "Veloute" ... 35cWhite castile soap; value 5c a cake . . . 3 for 10c Pinaud's Face Powder

"Loria" 25c

Corsets at Fine coutil Corsets, with supporters attached; for average figures, value 1.75 . 1.25Special Corsets of fancy troche batiste, with supporters attached; for slender and medium figures,Prices value 4.00 2.75

Sixth Avenue, Eighteenth to Nineteenth Street, New York.'Formerly occupied by B. Airman & Co.)

NEW-YORK DAILY TRIBUNE, SATURDAY, OCTOBER 26, 1007.

SUSPEND IN BROOKLYN.

NOTICE FROM SIX BANKS.

3