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them, the supply being maintained by heavy shipments of currency from the treasury at Washington. It was announced early this afternoon that John D. Rockefeller had deposited $10,000,000 with the Union Trust Company, one of the city's oldest and strongest trust companies, the money to be used by that company in aiding the trust company situation generally. The suspension of the Hamilton Bank was announced at 9 o'clock this morning. Its place of business is in 125th street, near Eighth avenue. The explanation is given that pending the complete restoration of public confidence the officers had concluded to close in justice to all concerned. Following the announcement of the suspension of the Hamilton Bank came the news that the Twelfth Ward Bank, located at 125th street and Lexington avenue, had suspended payment. The Twelfth Ward Bank is a State institution, and a State bank examiner has been placed in charge of its affairs. According to a recent statement the institution owed depositors about $3,000,000. The Empire City Savings Bank, located at 231 West 125th street, posted a notice this morning announcing its suspension for thirty days under the banking laws. The officials of the bank declare that the institution is entirely solvent, but that they decided to avail themselves of the thirty days' notice of withdrawal under the State law, because they feared a run owing to the suspension of payment by the Hamilton and Twelfth Ward banks in the same neighborhood. The Empire City Savings Bank, according to a recent statement, owed its depositors about $3,300,000. The run on the Dollar Savings Bank, in the Bronx, which began Tuesday, continued today. Nearly 300 depositors waiting for an opportunity to withdraw their savings were lined up outside the building when daylight came. Many of them, a majority of whom were women, had stood all night in the line. A large percentage of this bank's depositors are foreigners. The stock market's expression at the outset to the feeling of satisfaction over the measures announced over night to end the financial crisis attracted attention at once. Active buying orders were numerous and a buoyant upshoot of prices resulted. The opening pace proved too rapid to be maintained, however, and there was some reaction, but the activity immediately diminished at the lower prices. Westinghouse Electric rose 10 and American Tobacco preferred 48/4. There were advances of 23/4 to 1% in market leaders, but in a few stocks f the pressure of liquidation still made itself felt, Sault Sainte Marie running off 4½, Southern Pacific preferred 21/3, S Interborough-Metropolitan preferred S and Sugar 1½, and Missouri Pacific S and Toledo, St. Louis and Western a t point. a All the overnight developments are S declared to be reassuring. The series of conferences last night, participated n in by Secretary Cortelyou, J. Pierpont d Morgan, John A. Stewart, James Stillr man and other representative bankers and men of affairs, disclosed an agreet ment in the opinion that the situation is well in hand and that with the $25,000,000 government deposits to be made V by Secretary Cortelyou today there S will not only be enough cash on hand, but even more than might be needed h to meet safely any emergency.
