The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-12-23
HEAVY RUNS ON BANKS
Many of the Institutions of Chicago Suffer
From the Recent Big Failure.
EXCITING SCENES ABOUT BANK DOORS
Yong Lines of Dcpositors in Waiting
Hold ia Chcck by fhc Police-The
Run Cannot Be Accounted For
nnd Bank Officers Say They Can
Hold Out indefinitely.

c,,,. ~ ~
annarem, ., a' ,,sn Deont Dee To,. W., i.isout any
n general iock oS cantiTanna taJ @ .,a,.'
yoGed tha tirid danns;tors l., ~ - p.
Ings dennrtmont - bna,.w M, Wv" m 'a az,
IlIInois Trust and Sowin,s pami, ", ~, ,i,' NE
Rooker1, huildinr ,ayon nc saa'' a -. th
doors were omen fo,. Smsirass III. 1,or, r,,e
ing. There Is NOT tho siis.hfest cnn,,on
tIon bnt ween tha faiI.5 ,n,itoi -,
of Illinois and tho IIlino;s rr,'s, LarrN oar,
many r,be ofsrers or H. h,ni, s.nt, ,Ina,,
we've ,yili;n a. ~ ,at th Iit 90, go '.Ss
sovines Inna 30, II .I IN sl'e
49, -. te i'u or 'iie hioieS
meont n h;o. so,in,, ~ i,,t ,Oi ] ~, as :.
the hanl, Tba bsn,t nntic;notaS :, 49,, 49,,
to-day aud ibero ;s smn,, a ,,oa,i : ~, vi
serVa ;,nd or all ,' neaHy Le
that Prns;t,e,,, in,,n S,;,n,,n, ,a tre nau..s Us
misrivinFs nc tn thn nh,iI,,, nt h,s M rs ,' ~
IN nav n fny n, ,l1l,on. ;r ,,a,.,o,, ,r,e..
We're rour lines NJ NOV o,i 49,, rieie r.,
the hank onnncitn Ia sa,,inos ~
toliar onh thn Ior,. us Pas .us
sovines in,eros, hI,,'n,,,,, M," e"tsl ,' Up .,.e
ono nsonia g., H. ~, @ - 49, "tit
win thni,. wonts Snt;,Ta, n,Io,., s" ~, ~.
their niacos sTho banir noss thei - ,1"',, ,ooN
,r,,st nn1 -, -, r, ny iai Ses.
AVA bns q n,,,itni ,,, ,,n1 ~ ny %, 49, 49,
900 Jt 10 now hniidin. :, saoS ooo h,,',5
inc for its 49, a,1ni,,s;' - "vo''o @
rho Rnnlkn,y n,, ,hn ~, - y, ~
Grand Pocifc hotel ''t' oiu
''d ~ nv iio'ei'
THE RUN RUN OUT.
At the Garden City Banking and
Trust Company Bank the run of yes
terday had practically run out its
length. Not half dozen persons were
AT the paying teller's window at one
time and policeman, stationed outside
officers said thev % di6 ~ uot ~ axnnct ne oanK anN
More trouble. At the other national.
private and State banks there was the
ordinary transaction OF business In
banking circles the general opinion is
that yesterdays failure will end the
present trouble.
There was steady stream of credi-
tors at the National Bank OF Illinois,
sending in their pass books and other
evidences of claims. AS soon as their
accounts are balanced and claims ad-
justed the first dividend will be paid.
Creditors We're notified that they would
rcceiNs motive through the mail when
the iirst payment would be made. There
was little discomfort, the situation being
accepted calmly in the confidence that
all would get their money in time
Many callers applied for claim blanks,
but had to be turned away, as there
were no blanks ready.
The financial firm of Farson Leach Il
Co, on the same floor as the National
Bank. was doing quiet business
The interests of the firm are closely
involved with the Calumet electric street
TaliToiu.
steady run of savings deDositors
on the Hihernian Banking Associat ton
and the Illinois Trust and Savings
fahk ana the failure of Angus & Gin
deIe contracting company comprised the
developments of to-day in connection
win the financial furry.
SE,RroI-c cC,,1, n,r,
I'M, 80 hr- NEW I'm ED.
s "sSociated banks have taken
ii'pt' thorough ana conservative ac-
@ .ioii !" uVoid serious scare on the
part of the public which has millions
OF dollars in savings accounts deposited
n Mhn ciN banks: The Illinois Trust
.stus an IN" local banks in its savings
IenosltS. Gt haNlhs nearly $l2.000,000 The
itiotrniah l'ahk has less than S3.4O0, 900
vi sucil accounts. The solid showinl
iiau. pY the banks. which did not lean
on me collapsed National Bank, had Il
ItaSsurihs erect on the public to-day
WI, VIII 'iie morning. papers were perused
anu the general feeling in the banking
' ooi''''iul''tH was that the worst was
oNer' SO iar as those institutions were
' iltu' ihcrc Is a fear in some
HuaFttrS thal me Clearinghouse Asso-
Ii'l''oti may not prolong its offer to
roam ." per cent. OF approved claims
AGAINST me National Bank of Illinois
ana mat within the next ten days there
sr%jnrs si','l ne Il ''sh'eh'"E OF their purse
Al a conference Of tho SAVINGS ;,,,,.
of this city, which was held When ''ltSs ths