The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1904-08-06

Rush of DeposltOrs Starts EurIy-DoOrn
Kept Open Until Eight O'Clock and
Not Closed Until All Those Who De-
mnnded Their Money Got It-over
5000 withdrawn AccOunts-Ruuaoru
of Another Peace Effort.
Chicago. Aug. 5.-The strike in the
packing houses was practically lost
sight of to-day in the excitement at
tending run on the Drovers Trust and
isavings bank one of the stock yards
institutions, The rush of the depositors
to the bank started early to-day be-
cause of an unfounded rumor that one
of the packers representatives had
Iwithdrawn his money from the inststu-
ltion and reports that the bank was
being used by the packing companies as
Ian adjunct in paying off their new eul-
ployes who have taken the places Of
1.-THE strikers. All day long hundreds Of
Iexcited depositors, most of whom had
Ionly small accounts in the bank, stood
an line to withdraw their deposits. When
CLOSING time came this afternoon there
lwere at least a thousand persons wait
ling for their money The officiaIs Of the
lbank, determined to meet the energen-
Icy, called in extra teIlers and the place
was kept open until every depositor
lwho presented himself at the window
lhad been satisfied The paying vim
Idows of the bank were kept open until
latter o'clock tonight. Nearly two
hours before that time the last man in
line had been paid his deposit in full
laEd fresh arrivals had ceased coming.
\ 1t is estimated that upwards Of 5000
Idepositors called and withdrew their de-
posts during the day. When the run
Twas at its height the bank withdrew
100000 Of its deposit. with the Com
lmercial National bank and q like
Iamount from the First National bank.
lin order to prevent any possibility Of
1.-THE bank being unable to meet its, d.
Iligations.
I'VE have plenty of money to meet
lany kind Of a run, = said Vice President
a William "A. Talden, after the bank had
lbeen closed for the night. ''We had
lover 100000 In our own vaults, and be-
lsidAs the 100000 taken from the down
town banks have received offers Of as-
lsistance from the First National bank
Iof Chicago, the National Park bank
Iof New York and the Standard Truss
bank Of New York. None of these offers
Twill be accepted, as we have on hand ali
1.-THE money we need. Our windows. will
be kept open until all of the depositors
Iare satisfied, but from the appearance
lof things think the run on our insti-
tuition ended tonight
Many of the workmen now on strike
lin the packing plants have deposits I'D
the Drovers' Trust and Savings bank,
lbut the majority of the persons who
Igathered about the place to-day to de-
inland their money were small trades
lmen doing business In the stock yards
district and working people who are not
land have not been connected in a labor
lcapacity with the packing plants. The
lTeamsters' union, the members OF
(which are on strike, has $4,000 on de-
Iposit in the bank, but no effort was
Imade to withdraw this money to-day.
1.-THE secretary of the union declaring
THAT the money will remain where 1t Isl,
as the bank is as solid as rock.
Rumors of another peace conference
between the packers and strikers were
toccasioned tonight by the appearances
lat the Live Stock exchange of John Nd.
Boardman and M. E. Miner. president
land secretary OF the Montana Round
Up association, an organization of dro-
vers which sends nearly 25O,000 head OF
lcattle to the yards each year.
Although the stock yards officials and
packers representatives denied knowl-
ledge of any peace move, it is under
stood that the Montana men will try to
Iarrange conference.
In a statement given out tonight by
the packers it is asserted that there
| Twas a considerable increase in to-day rs
business over that of yesterday. The
lstrikers tonight declared that the
strike from now on would be active
When President Donnelly, Of the.
Butchers union returned to Chicago
to-day from trip through the west he
Immediately went into a conferences
with the other labor leaders here. Tbs
Injecting lasted nearly all day and wleK
lit broke up it was said that another
: meeting would be held tomorrow, when
faction in regard to calling q strike Of
the truck drivers throughout the city
will be taken