Arizona republican., 1904-08-06
Incident Divided Attention
 With Butchers Strike
IT WITHSTOOD THE RUN
Packers Make Statement That Their Facilities Are Steadily Increasing. On the Other Hand Strikers Plan to Make the Situation More Acute.

tion today in the excitement attending the run on the Drovers Trust and Saw ings bank, which is in the stock yards The rush of the depositors to the bank started early today because of an un- founded rumor that one of the pack CTS representatives had withdrawn his money from the institution and reports that the bank was used by the pack | ing companies as an adjunct in paying employees who have taken the places of the strikers.
 Al! day hundreds of deposftors stood in line to withdraw their small de- 1 posits. When closing time came this l afternoon q thousand persons were l waiting for their money The bank l determined 10 meet the emergency, | called in extra teIlers and the place was kept open until every depositor | who presented himself had been satis- fled. The paying windows were closed | after s o'clock tonight. Nearly two hours before that time the last man in line had been paid his deposit in full
 IL is estimated that more than 5000 depositors called and withdrew their
 
 | run was at sts height the bank with drew $1OO,O0O of it's deposit with the Commercial National bank and like amount from the First National bank in order to prevent any possibility of the bank being unable to meet it's ob- legations promptly.
 We have plenty of money to see any kind of a run" said Vice Presi- dent Tilden tonight, after the bank had been closed for the night. We had more than $300,0O0 in our vaults be- side $200,000 taken from down town banks. We received offers of assist ance from the First National bank of Chicago, the National Bank of New York and the Standard Trust bank of New York None of these offers were accepted as We have on hand all the money we need. Our windows will bc kept open until all the depositors are satisfied but from the appearance of , things l think the run on our institu- ton ended tonight. However. should there be a recurrence tomorrow of to- days run the bank can pay everv- one of its six thousand depositors without touching its $4O0,OOO reserve in the First National Bank of Chi- cago."
 Many wOrkmen now on strike in the packing plants have. or had deposits Tn the DroVers Trust Savings Dank but most of the persons gathered about ths place today to demand their money are } small tradesmen doing business in the stock yards quaHter and working peo- pie who are not and have not been connected in any labor capacity with the packing plants.
 The teamsters' union, the members or which are on strike. have s2OO G1O on deposit in the bank, but no effort was made to withdraw this money. the secretary of the union declaring that tT'e money would remain where it was as che bank was as solid as a rock. TCday's run had no effect on the Drovers' Deposit National Bank. it be- ing separate institution, although occupying the same rooms as the Drov- CTS Trust and Savings Bank.
 RumoIs of another peace conference between the packers and strikers were f occasioned tonight by the appearance 3 at the liTe stock exchange of John M. Boardman and M. F. Milner, president and secretary of the Montana Round Up association. an organization ot drovers which sends nearly 25.OOO head Of cattle to the yards each day. The Montana men represent several million dollars and announced that they were , charged to investigate the causes and conditions surrounding the strike
 This strike works great hardship among Montana herdsmen," said MT Milner, and we are anxious that il should be settled. Thousands of cat tie are being held back on account of a lack of demand"
 Although the stock yards officers and packers representatives denied any knowledge of any peace move it is said that the Montana men will try and arrange a conference.
 e In a statement given out tonight by the packers it is asserted that there Q was considerable increase in today's business over that of yesterday. The total number of cattle killed today is . placed at 9,963, while 1O,319 hogs and 5,207 sheep were slaughtered.
 Tbe strikers tonight declared tkat the strike from now on would be "ac- | tive" When President Donnelly of the Butchers union returned to Chicago . today from trip through the west, he immediately went into a conference with other labor leaders. The meeting . 1 lasted nearly all day, and when il broke up it was said that another meet ing would be held tomorrow, wher some action in regard to calling g strike of the truck drivers throughout Chicago would be taken.
 |. Chicago, Aug. 5.-That the fedora
 government is preparing to take ar = active part in the strike was indicated today when International Secretary Call of the butchers workmen divulged the fact that he had been in a confer
 ence with an enlissary of the United States bureau of labor and commerce Mir Call said: Tn every thing tho [. packing trust is doing they are violat. r. ing the laws. Their very bushes: