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RULING BY MINNESOTA BANKERS. St. Paul, Oct. 27.-Bankers of St. Paul, Minneapolis and Duluth this afternoon agreed to discontinue the payment of money on checks, certificates or deposits or drafts, except for small sums, and that for the present no money should be furnished to bank correspondents. It was agreed, however, that the banks should certify checks on balances in their hands, payable through the clearing houses only. Savings banks and trust companies will require the sixty and ninety day notice. The payment of checks and drafts through the clearing house will proceed in the/usual way. A formal statement given to the Associated Press to-night says: We will not pay out money on checks, certificates, deposits or drafts, except for small sums, and for the present no money will be furnished to bank correspondents; but we will certify checks on balances in our hands, payable through our clearing houses only. The savings banks and trust companies and the savings departments of the banks having such departments will require the sixty and ninety day notice to which they are entitled by law. When it is realized that 93 per cent of the business of the country is transacted by means of checks, and only 7 per cent by means of money, it will be readily seen how little Inconvenience will be caused to the business community by the plan adopted by the associated banks. The payment of checks and drafts through the clearing house will proceed in the usual way through the regular channels. These checks and drafts may be deposited in the banks as heretofore, and their protection has been fully provided for by this action. and it is believed that this condition will be of short duration. The statement is signed by all the leading banks of St. Paul, Minneapolis and Duluth. GOOD OUTLOOK IN DENVER. Denver, Oct. 27.-Financiers of Denver express the utmost confidence that all danger of serious results from the money stringency in New York is now passed, and that conditions will right themselves rapidly. Charles B. Kountze, president of the Colorado National Bank and of the Denver Clearing House Association, said to-right that the recent troubles in financial circles of New York had had no appreciable effect on business affairs of Colorado, and that no trouble was feared at any time. Bankers and business men of Denver generally seem confident that the likellhood of a panic is over. KANSAS CITY'S PROSPERITY. Kansas City, Oct. 27.-Last week's Clearing House business in Kansas City showed an increase of 30 per cent over the corresponding week last year, breaking all previous records. General business was never so brisk, and the income of the farmers of the Southwest Is larger than in any previous year. The financial situation is viewed without alarm by local bankers and merchants. Banks have reduced loans since the trouble began in the East, and have large reserves. SAN FRANCISCO'S VIEW. San Francisco, Oct. 27.-The opening of a new week finds absolute confidence among San Francisco bankers that there will be no local financial embarrassment, for the reason that the banks are not borrowers. Local financiers also feel that the -