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normal in the city and surrounding country," said Robert C. Church, President of the Maury National Bank, this morning. "That confidence is being rapidly restored is evidenced by the fact that although the Maury National Bank has a very large number of depositors, less than twenty-five per cent have taken advantage of the privilege to withdraw $25 per week. On the contrary a large number are daily making deposits of both checks and currency. This indicates very clearly that the situation is very nearly what it was before the flurry began. "The man who is interested in a restoration of conditions to a sound and normal basis, is the producer. He is the first sufferer from a tightness in the money market. Naturally, when money is hard to obtain and there is a lack of confidence in financial circles the price of all commodities have a tendency to decline, and this of course, hurts the producer or the man who has something to sell. However by doing business on the same plan which he has heretofore pursued, and by manifesting confidence in our financial institutions, he can do much to restore normal conditions. J. L. Hutton, President of the Phoenix National Bank, also has a very cheerful view of the situation. He stated this morning that he believed that conditions in financial circles of New York at the end of this week would show as much Improvement over the previous week, as last week had shown over the preceeding week. If this be the case there will be a speedy return to normal conditions. Mr. Hutton pointed out that the banks were no way responsible for the financial storm, on the contrary they were bending their energies to avert its effects. This they have and are doing most successfully. The storm comes from the outside, and the banks are successfully resisting its influence. All that is necessary to a restoration of conditions as they existed before the er flurry is calmness and confidence on to the part of the public. Mr. Hutton vo declared that the Columbia banks were in better condition than they le have ever been in their history, and of this is generally true of banks all over the country, therefore there was 10 reason whatever for alarm.
