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RHODE ISLAND SITU ATION Conditions Will Be Normal To-morrow, Leading Citizens Say. Providence, Oct. 26.-The banking situation in Rhode Island has improved to-day. Many of the foremost citizens of the state have come forward with the statement that conditions will be normal when the banks open their doors Monday morning. As a result of the few days' difficulty, the Union Trust Company suspended and a temporary receiver was appointed. The Industrial and New England trust companiea have taken advantage of the ninety day notice on savings accounts, and the High Street Bank announces that its depositors will be obliged to give ninety days' notice on withdrawals of more than $100. Check accounts are not affected. Several other institutions about the state have had a small number of their depositors withdraw their accounts. About fifty depositors were waiting at the doors of the Industrial Trust Company at the opening hour to-day. The company at once enforced the ninety days' notice on withdrawals of over $100 in the savings department. There was a slight run to-day on the Providence Institution for Savings, about two hundred depositors drawing out their money. A committee from the Providence Clearing House had charge of the financial situation today. The committee held a meeting last night which was protracted well into this morning As a result the committee took action to render assistance to banks if called on, with the recommendation that in the payment and certification of checks such checks shall be made payable only through the Clearing House. This is the customary method of procedure in times of currency stringency, and its object is to prevent the withdrawal of money from circulation. Marsden J. Perry, vice-president of the Union Trust Company, states that his bank will be reopened, but cannot name the date at this time. At a Democratic rally at River Point to-night Governor Higgins, referring to the financial situation, advised his hearers to remain calm and not withdraw their money from the banks. The Sheriff received yesterday an attachment for $17,218.67 against property of the Union Trust Company, of Providence, in favor of the
