The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-07-21
THE RUN PETERED OUT
Savings DcpOSitoTS Convinced Their
Money is in no Danger.


A Good MANY Of Them Didn't Know
What They Drew it out for Anyhow
and Redeposit it-only a Few at the
/ Bank Yesterday Incidents Of the
| so-Called Run and Theories as to
! How it Started.
| The so-called run on the savings depart-
mcnt Of the Southern Bank had quoted
down, yesterday and not more than half
the number who came the day before
were on hand when the bank opened at 10
O'Clock
The crowd, however, was a right re-
spectacle one in size, consisting mostly of
negroes, many of whom knew neither
what they were doing nor what they
were there for. There were some few
whites. but most of them felt ashamed of
themselves fer taking part in such an &C
tion and went away without drawing out
dollar.
The anxious dcpositors came in slowly
and presented their checks one by one,
some of them only going around
to satisfy themselves chat the bank was
still there, and going away without
worrying over their deposits.
When the doors closed at 2o'Clock there
were none of them left on the sidewalk
and there were only nine inside the bank
They were given what they asked for,
and at 2:l5 there was not another deposit
tor waiting to draw out his savings.
Some well known people in the city
gave slight credence to the rumor when
1t was first started, but the advice of well
posted business men, made them deter
mined TO adopt the really safest method,
which was to leave their money where it
was.
1T IS ALL OVER.
There is no doubt now that the run has
petered out, and the probability is that
few, if any, of the savings depositors will
turn up this morning to ask for their
money The fact that there were no
more on hand waiting when the bank
closed yesterday, is a sign that the little
tempest in teapot has settled, and that
no more anxiety among the penny deposit
tors will be felt.
PUT THEIR MONEY BACK.
Very good indications of the subsistence
Of all excitement were seen Yesterday,
from the fact that a large number Of the
depOsitors who had withdrawn on the
day before returned and asked to be al
lowed TO put their money back. Their
deposits were all received, and many 9TH
els biOuEllt new utlONll5 10 LlE savings
departmenLduring the day. A dago who
had quite a snug little sum drew it out
yesterday morning, but later, on realizing
his folly he returned and put it back in
the bank. And so it went on all day, a
large number of the deposits being re-
turned.
The origin of the rumor which started
this foolish little run has not yet been
definitely determined. Another story
frfVnO NracfnrHgyr that ~
had said something about the cOndi-
tion of the bank TO the family cook, and
that it had spread in this way. The
truth is however, nobody konws def
nitely when or how or where it started,
but the probability is it was
caused by some careless remark
INCIDENTS OF YESTERDAY.
Instances of depositors withdrawing
their money and re-depositing it almost
Immediately were numerous enough yes
terday
One negro of the rather intelligent class,
who had a small amount in the bank, felt
almost ashamed to go and ask for his
money. He assured himself that the bank
was as solid as a rock, but with some
little doubt still left, he approached the
tellers window and put a few questions
with assurance that his money was all
right.
well, " said he, as he was about to
withdraw, Ireckon you'd better give me
half of it anyhow" He stuck the few
bills in his pocket and went out, appar-
entity satisfied.
The truth is, very few of the negroes
knew why they had come to the bank
One Of them was asked the cause for all
the excitement yesterday afternoon.
Il don't know she replied. Il ies'
came along cause the res GOMEZ and so
it was with the majority of the crowd.
Two negro women from somewhere out
in the country got wind Of the excite
ment. a country negro always knows
the way to the Ordinary's office when
they don't know how to go anywhere else
in the city, These two steered there and
asked the genial clerk, Mr.. Keilbach,
what all this bank business was
about. On questioning them he
learned that they were the president,
secretary and treasurer of the West In
dian Society, which had about 500 in the
Southern Bank. He set their fears at
rest by assuring them that their money
was safer where it was than anywhere
else and they left for home again salts
fed, How the rumor got out among the
country darkies it would be hard to
say.
The newspaper articles had a very
beneficial effect said a well-known
tinancier yesterday, "and / think they
were largely instrumental in showing
how foolish such rumOr was and pre-
venting much of run yesterday"