The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1906-01-18
DEpOS|TORS AWED
BY PILES OF GOLD
1T STOPS RUN ON BANK OF
PlTTsBURG FOLLOWING
FLIGHT OF CASHIER.
THE STORY IS DENIED.
sconde1 With Sum Rumored
From $4,000 to
100000.

Pitsburg, Pa. Jan. 1.-THE run on
the Washington National bank OF
afternoon, continued throughout all
today, but tonight ii Is thought the
run has been broken The sight OF
immense piles Of gold, silver and bank
notes piled inside the bank railings
all days appears to have good effect
on the army of depositors, who dash
ed for the bank at ali hours today,
bank book in hand.
The run was brought about by infor-
nation comingt 10 depositors of the
bank that Cashier s. c. Armstrong had
disappeared some time ago and that
every effort had ben made by the
officers of the bank to keep this from
the public This was true
1t developed that Cashier Armstrong
mysteriously disappeared from the
bank On the Afternoon Of January
2. Since that time the authorities In
different parts Of the country have
been licking for him. A poster with
his picture and description has been
sent out by Super ntendent OF Detec-
tives McQuade, who tonight offered
5000 reward for information regard.
ing his whereabouts.
Defaleation Rumored.
The information also came TO the
stockholders that Arms trung had ab
seconded with from $4,000 to $l00, 600
Of the banks money and it was this
that started the run. When President
Reilly tonight reached a spot where
he could breathe he denied that Arm
strong had taken one cent OF the
banks money. He said the cashier
had simply sappeared mystarionsly
and that his accounts were found 10 be-.
in the best Of shape President Reilly
admitted that he had suppressed the
news Of the cashiers disappearance to-
prevent q run,
When the run opened shortly after
lnocn yesterday there were scores of
depositors who drew their money be.
fore time for closing the bank. II
was seen that the real trouble would
come this morning when those who
had heard the story Of the missing
cashier and the rumor OF defalcation
had time to scatter the information
and the bank people made haste to
get In shape to meet any contingency
II is tonight claimed that as early
as noon yesterday word was sent 20
New York for a consignment Cf money
to be rushed 10 Prtsburg 10 meet
the expected run,
When the doors cf the bank swung
open at O'Clock this morning TO ad
NIT about 100 scored depositors the
counters simply groaned under the
weight of gold and silver One OF The
bank employees admitted tonight that
there was Just 100000 in sight when
the bank opened. The story that the
bank was reinforced by almcst 81 600.
900 during The night finds credence
in Pitisburg.
Awed BY Piles Of Money.
The money in light seemed to have
good effect on the depostors. and
the line soon fell off. but deposit RS
kept coming all the day in little knots.
One Hebrew merchant had been OUT or
town when he heard of the cashier
having gone, and he ran all the way
from tho country almost dropping
from exhaustion as he landed in the
bank with his book He took 1t an
out and had 10 have three friends help
him carry the money home. for his
account netted $4,000 Il was said
at the bank this evening that as soon
as the same merchant got his breath !
he came back with the money There 1
were several scenes like this. but by /
the tine 10 close the bank this even. /
ing the scare seemed 10 have sub ided 1
The Washington National Bank is |
one OF the best banks IN I
the vicinity Of Pitt burg. though a com
Daratively young affair II was organ /
izei in April. 1903. with a capital Of
s20000o. In connection with a trust
company operated by the bank g has
on deposit according to last reports
John G Reilly. the prezi
dent, is one r the city-s mort subs a.
'ial me1 and John Larkin city con-
irolier. Is one of the directors. There
are no city or state funds in The bank