Evening star. [volume] (Washington, D.C.) 1854-1972, 1884-06-02
What 8. E. Middleton Saw.
HOPES FOR RESUMPTION.

HOPES FOR RESUMPTION.
Mr. 8. E. Middleton appeared at the bank today
little before noon and remained some time. sign
ng some papers and consulting with Mr.. Green
somewhat distressed 81 thought ought to come
out to-day and show myself, II did nothing more
ne said, smiling rather YEARLY 20 STAR reporter.
Green prepare his statement. There are some
things about which it is necessary for him to con-
suit my partner and myself about. hope things
Saturday represented" Mr.. Middleton said that
he did not get out Of his bed until four O'Clock yes
terday afternoon. He thought that he ought to
come out and meet those who had claims upon
him. Some gentlemen, including prominent bank
president, have suggested to the Messk Middleton
creditors by which the frm could continue busi-
ness and have time to settle its Indebtedness with
II have thought Of doing that" said Mr.. Middle
ton. "1n week or so when get stronger will see
my friends and perhaps an arrangement can be
made so that we can go on"
900 with Middleton & Co.. did not it is stated
have $1oOtn the bank. Mr.. Geo. Emmert, jr, who
was reported to have deposited S. OOO in the bank
not long before the SUSPENSION Stated to STAR re-
porter that he had not deposited any money there.
The National Savings Bank.
THE RUN OF SMALL DEPosTTORs, BEGUN ON sATuR-
DAY, CONTINUED To-DAY-CHRcKs PAID AS FAST
AS PREsENTED-THE BANK ABLE TO MEET ALL DE-
NANDs.
The slight run on the National Savings bank
which commenced on Saturday was continued to-
day. When the bank opened this morning there
were about seventynve depositors in tine anNously
waiting to withdraw their different deposits They
were mainly Of the working class both white and
were, OF course, nervous and excited, and 1mpa-
uently awaited their turn at the paying telers
window. The amounts withdrawn were In nearly
every instance comparatively tr1fling, and neither
the bank oncials nor those acquainted with the
condition OF the bank felt any uneasiness. Two
s sp Nv ne saa one m
t I'VE have e had lad quite quite a run onA On the epIaa SanE
whole line there does not represent Ten thousand sand
dollars. We paid out only about Jhree thousand
dollars the first hour this morning, and are per-
fectly prepared to continue paying, no matter how
great the pressure becomes" There was quite a
crowd collected on the corner, separate from the
but they entertained no fears Said one Of them to
THE STAR reporter: "My all is in that bank,
although not much; but would like to have some
the bank weakening" couple Of elderly women,
who had each hundred dollars in the bank,
eagerly stopped one OF the banks trustees on the
money. The gentleman quietly reassufed them
and advised them to go home, and he personally
would insure them against loss
President Snyder occasionally surveyed the crowd
from the steps, and smiling and joking with some
MIR. n. q. Emery. one Of the directors, was pres
ent, and spent his time reassuring some Of the
deposttors who took his word for the soundness OF
the institution and left
There were two or three old ladies In the line
clutching their bank books in one hand and mar
ket baskets in another. gentleman connected
with the bank said to STAR reporter that the bank
was the gamer by this run, as the depositors who
draw out their money now, lose the six months In
terest which falls due July lst
The savings bank continued during the morning
ssse q the sat5 days nosos % prisilsse W wsicS % Is
The ofen az the ,ant state that the Institution
has given q bond IN the sum OF $4,000, signed BY
all the incorp0ratora, to secure depostorS
The bank ts chartered under the national banking
laws and under the supervision Of the controller Of
the currency, who states that It is In perfectly
Sound condition.
Treasurer Wyman said to-day that al the banks