Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1907-10-31
USUAL RULE ADOPTED HERE.
Dickinson County Banks Follow
Plan Of Other Cities Of Country.

ALI the banks Of Dickinson county
this morning adopted the same rule
as is being followed throughout the
country, limiting the amount Of cur
rency (bills, silver and gold) to BE-
paid to any one customer. This was
decided at meeting held last even
ing, after finding that all the banks Of
the state are doing the same. thing.
II does not affect the usual course Of
business as checks are generally used
anyhow and these will continue to
perform the usual course Of business,
together with drafts which are
used for remittances. The object Of
the regulation is TO prevent the cur
rency being taken out by.a few Gus
toners or called in BY the big city
banks at time when 1t is difficult, II
not impossible, to get more at short
notice. The movement began In New
York which refused to send currency
west; then Chicago and St. Louis re-
fused to send currency to Kansas City,
then Kansas City kept what 1t had
and will not send to country banks
SO the country banks must get along
with what they have for a few days
until the movement let's up. In Kan
sas City only 800 can be drawn at one
time; in Oklahoma all the banks are
closed for q week; in Arkansas City
the same has been done. The Dick
inson county banks are in such good
condition that they placed the limit
at $50 per customer and with that
will have plenty Of currency for the
present. This is the notice posted in
every bank Of the county this morn
ing:
The undersigned Banks OF Dickln-
son County, at meeting held on the
28th day Of October In Abilene, Kan
sas. by unanimous action decided,
that in view OF prevailing conditions,
and the rule adopted by the banks Of
all the large cities, including Kansas
City, Chicago and St. Louis, not to-
ship out any currency for the present,
and in order that business may be
carried on without interruption, that
beginning with Tuesday, October 9Sth,
and until shipments Of currency can
be obtained, exchange shall be used
SO far as practicable ID the settlement
OF accounts and no cash W II be paid
over the counter in excess Of $50 in
one week to any one customer, on
open account and no payment on GER
tifcates Of deposit until maturity Of
same, and then not more than $50.
A similar regulation has been
adopted by the banks of Topeka,
junction City, Salina, and Of practi-
cally every city in the United States.
1t is believed that with these meas
ures the normal situation will prevail
in short time and that the public
will endorse the protection OF its In
terests thus afforded. We ask the CO.
operation Of our customers in restor
ing the usual financial conditions.
ABILENE STATE BANK,
ABILENE NATIONAL BANK,
CITIZENS BANK,
FARMERS NATIONAL BANK,
DICKINSON COUNTY BANK,
CITIZENS STATE BANK, Solomon,
MANCHESTER STATE BANK,
STATE BANK OF HOPE.
CHAPMAN STATE B NIX,
WooDBINE STATE BANK,
The other banks Of the county
whick could not be reached before the
notice was printed added their names
today. They are:
PEOPLES BANK. Chapman,
FIRST NATIONAL BANK, Harrington,
BANK OF LEXINGTON.
CARLTON STATE BANK,
ELMO STATE BANK,
SOLOMON STATE BANK.
TALMAGE STATE BANK.
1t was accepted by customers as a
satisfactory method and business
,..r, nn a nanal. L. il expected that