The Fulton County news. [volume] (McConnellsburg, Pa.) 1899-current, 1906-05-30
ALL FRISCO BANKS
ARE OPEN AGAIN
Millions in Sight and No Limit on
Demands.
THE MUSICAL CLICK OF GOLD.
Payments Resumed by the Banks Of The
Destroyed city-Lops Lines Walt for
Their Money 10 Orderly Fashion. Belug
Confident Of the Solveney Of the Different
Institutions.

San Francisco (Special) Practically
every bank in this city that has been
able to secure temporary quarters threw
open its doors to the public Wednesday,
There was no sign of run. Never i'll
the history OF San Francisco was there
so much bank money on hand.
For the past week money has been
pouring into the local financial institu-
tions from all parts of the world. Super
intendent Leach, of the United States
Mint, has received many large transfers
from Eastern and European centers. The
total to date has not been computed, but
several days ago it exceeded S3o,ooo,ooo.
The last transfer consisted mostly OF
large sums for the savings banks.
When their doors opened Wednesday
morning, however, they by no means had
to depend upon money received from out
side sources. Institutions like the Hi
bernia, the Humboldt and the Mutual
had millions in coin and valuable secur-
tiles in their vaults which were undis-
turbed by the fire
The Hibernia, it was reported, hai
SIs,ooo,ooo in United States bonds and
$Io,ooo,ooo in other gilt-edged securities,
together with millions in coin. Among
its depositors are many workingmen and
women. Most of them lost their all in
the fire, and at an early hour they began
to line up before the banks DOORS BY
9 o'clock the lines were over a block
long, and the police were summoned to
maintain order Their duties, however.
! consisted Of little more than keeping the
patient men and women in line. Fea-
tures were stamped with expectancy ra,h-
er than with worry, for confidence in the
banks ability to pay in full was not
questioned.
Over the shattered bank building all
American flag hoated in the sunshine,
and when the doors swung open the
shuttle OF feet in the long line was ac-
companied by the click OF gold 1t was
music to these men and women, who once
feared the accumulatioas OF a lifetime
had been swept away The bank paid
without limit.
The Mutual opened in its own build
ing, which had been badly damaged, but
a few remaining counters and the TN
damaged vaults made the necessary re-
pairs no great task The bank officials
said they had over 100000 on hand,
and they met all demands promptly and
without limit
Cashier Storey of the Mutual, said
that the bank had but $4,000 in
loans in the burnt district, and that ST.
100000 of this was covered by good in
surance.
At the Union Safe Deposit and Trust
Companys banks, both commercial and
savings, everything proceeded with de
sree of order and quiet remote from even
a suggestion OF panic.
The Humboldt Bank in its temporary
quarters carried on an almost norma,
business Cashier Palmer said that Only
about 30 per cent OF the banks losses
were in the burnt district, and that it is
the intention to turn over insurance mon
eys to the borrowers to aid rebuilding
projects,
The fact that all of the banks did
not reoDen was due to a dearth OF qua--
ters Those institutions which had parts
Of their old sites remaining had the adj
vantage
Now that normal conditions have been
about restored, the clearinghouse bank
in the Mint has been practically closed.