New-York tribune., 1905-01-12
mob At STATE BANK RUN.
OYER $4,000 PAID OUT.
Deposits E.rceed Pdyments-Police
Charge Frenzied Croscd.

manic stricken, and like lofk OF sheep fol-
,.,-,nr their leader The motley throng of de-
TORS IN the State Bank. Nos $40 and 3IS
ks..,s-st continued the run on that institution
.,,.rsav from 9 a. m. TO m. For time
- forenoon the excitement became so in
-. - ,bat A serious riot was prevented only by
=, o,,ick action Of the police
-. n the most anxious had remained IN the
-, all night waiting for the bank doors TO
- ard when they did open three hundred
I-sors struggled for admission. more than half
,, u.bcr,, were women. BY IL o'clock the crowd
- becorne a frenzied mob. and Captain Tighe
- 50 send for reiuforcements. Reserves came
-, the F,ldridge and Fifth ST. stations. The
-r-s had tanned itself against & brass railing
.h,, surrounded the basement IN front OF the
s.rt The railing threatened TO break Twenty
1ol,ceraen and some plain clothes men charged
-. y,ob with their clubs just in time TO avert
:, accident. After this the sidewalk was roped
or and the people kept in line. The blocks on
.,,5 side of the bank were patrolled.
U-ben II became evident that the run was
,n.ev 70 continue all day. and perhaps for
,s,ersl davs. two Of the bank officials were sent
- Wall Street one with a $4,000 gold certif-
,.,e and the other with one for S25.OOC. They
,-ourbt hack two truclloads of silver dollars
Trerv depositor is told that he or she must
take all his OF her money out or none at all.
and they must accept silver dollars. These
.rsgb so much that several were unable to
carry away the amounts due them.
Becky Cohen. Of No. 227 Broome-st., one Of
- erst women 10 draw her money, received
g oS5 in 2 bag. Each $1,000 OF silver weighs
sf,v-6ye hounds when she found the money
r-.s so heavy she begged the cashier to take 1t
h.,z and keep it, but he refused. Up 20 $40 y.
:. only women were allowed in the line which
to,,es on the sidewalk and ended at the CASH
,sr's window I'm the basement.
T. so,n became the rule for a woman who re-
,,,vas over 5000 10 take off her skirt, or petit
,ost and make a bag Of IT. One woman cut
sleeve from her waist and made a bag of it. into
,Hi,b she poured several hundred dollars.
while sore 100000 was paid out yesterday
s4aoODO was deposited in the same time
The hank officials said they would allow none
n, she old aepositors to put back their money,
and were paying in specie, so they could ten the
old depositors when they came back
Rourdsmen Blunt and Robinson and Detective
kenny were injured IN the crush. The crowd
TANNED them against the railing in front OF the
hank The six-inch coping Of granite was
pulled out about two inches by the pulling away
~ .be railing. and the railing was bent out Of
shape
This IS the sixth run that this bank has
vssthered The runs have occurred from all
sorts q causes. The first was started by a
arht In front Of the bank, excited Hebrews
thinking that the crowd was storming the bank.
The second was caused by a man who had an
splepiic n AZ the bank and fell into the area
Rzy rie third started from fire. The fourth
occgrred in the Spanish war, when there was
talk that tie Spanish feet would lombard New
York and loot the banks. fFte fifth was in one
Of the Bryan campaigns. A Nebraska State
bark had run. Some OF the papers used ''Neb."
and the Hebrews thought Il meant "neblesh,'
which means poor.
A handful was distributed among the crowd.
printed IL Yiddish, stating that the bank would
pay out money day and night and that there
was nothing 20 be feared. This seemed to have
good effect. as The crowd thinned out after
wsra
After The last OF the depositors just before
o'clock had been paid, the crowd melted away.
With the coming Of the men and women from
work al o'clock and after. there was none Of
me congestion or attempts at disorder feared by
Inspector Titus. BY o'clock there was not
person standing about the bank, and the police
guard had been reduced to two men.
President o. J.. Richard said he was confident
the run was about over Five hundred and
eighty-seven accounts had been closed, aggre-
The depositors. he said. by Withdrawing their
ilnas lost The ~ per cent interest which would
nave been paid to-day. The senseless scare had
not inierfered with deposits made by active de-
positors
llce-President Kohn showed a check for
e-5i5O from Harry Fischel. which was the first
espost received yesterday. He said that up to
noon over $4,000 had been deposited the usual
shount of business and the scare money was
Usldore running below the deposits.
Al ne Brownsville branch Of the State Bank.
81 or
s-Al oepositors withdrew their accounts on ac-
DuHt Of the stories from Manhattan, and there
fm app