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Run on Bank. (By Associated Press.) BUFFALO, N. Y., Dec. 1.-A right for the controlling interest in the GermanAmerican Bank to-day resulted in a run on that Institution estimated by VicePresident Schilling at $400,000. The withdrawals were made by large depositors, so that the run did not cause any perceptible excitement (to-day)
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Special to The Oil Review. Buffalo, Dec. 2.-There was only slight run on German-American bank here this morning, and it is practically certain run was
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Buffalo Bank Run Stopped. BUFFALO, N. Y., Dec. 2.-The run on the German-American bank which was started yesterday by rumors that the bank was liable to fail, stopped today. Deposits offered by persons who withdrew their money yesterday were refused. The bank's officials say they will prosecute the persons responsible for the run.
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Bank Weathers Blast. Buffalo, N. Y., Dec. 2.-The GermanAmerican bank upon which a run was begun yesterday opened its doors as usual. At 10 o'clock there were about 20 withdrawing depositors in line. All were paid promptly.
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GERMAN-AMERICAN BANK. One at Buffalo Opened its Doors This Morning. Buffalo, N. Y., Dec. 2.-The German American bank on which IL run was begun yesterday, opened its doors as usual at 9 o'clock this morning. At 10 o'clock there were about 20 depositore in line. They were being paid promptly. Vice Prest. Schilling shild there was no doubt whatever of the bank's ability to withstand any run, but that he did not anticipate that more than a few thousand dollars would be withdrawn. Prest. Emery states that the German-American bank had about $800,000 in available currency and within 24 hours could have 2,500,000.
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$400,000 Run on Bank. Buffalo, N. Y., Dec. 1.-A fight for the controlling interest in the German-American Bank to-day resulted in a run on that institution estimated by Vice President Schilling at $400,000. The withdrawals were made by large depositors, so that the run did not cause any perceptible excitement today.
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RUN IS STOPPED. German American Bank of Buffalo Pays All Demands Promptly. Buffalo, Dec. 2.-The German American bank, upon which a run began yesterday, opened as usual at 10 o'clock today. There were about twenty withdrawals, the depositors in line all being paid promptly.
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Atnoon todaySuperintendent of Bank-ing Kilburn closed the German Bank of Buffalo, N. Y. At the time of closing a long line of people stood waiting to draw out their deposits. is soon as the German Bank was closed a big run was started on the German American Bank.
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BUFFALO BANK CLOSED. Action by Kilburn-It Is Unable to Meet Run. Buffalo, Dec. 5.-The German Bank. of which President Emory of the German-American Bank was also president, was closed to-day by F. D. Kilburn, State Superintendent of Banking, who posted the following notice on the door: I have closed and taken possession of this bank because of a run which is constantly increasing and the inability of the management to procure sufficient funds to meet such run. Almost immediately a crowd of people appeared in front of the German-American Bank, and in a few minutes there was a line of men and women at the paying teller's desk. Franklin D. Locke, a well known Buffalo citizen, who is connected with the Manufacturers and Traders' Bank and the Fidelity Trust Company, mounted a. chair and assured those in line that the bank was entirely solvent, and that Loran L. Lewis had been elected to succeed President Emory. A few minutes later the following notice of action taken by the Clearing House was posted on the doors: The Buffalo Clearing House has caused a careful examination to be made of the assets, liabilities and affairs of the German-American Bank, and find it solvent in every respect. They have decided to advance it such moneys as are necessary to meet all demands upon it. The board of directors have been reorganized. Mr. Emory has resigned as president and director, and the Hon. Loran L. Lewis. ST., has been elected as president. The Hon. John G. Wyckser and Franklin D. Locke have been elected directors. S. M. CLEMENT. Chairman Clearing House Committee. This had a most reassuring effect, and in a short time the excitement had subsided.
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BUFFALO BANK CLOSED. Run Made on Another Institution Quickly Stopped. Buffalo, N. Y., Dec. 5.-The German Bank, of which President Emory of the German-American Bank was also President, was closed today by State Superintendent of Banking Hilburn. who posted the following notice on the door: "I have closed and taken possession of this bank because of a run which is constantly increasing and the inability of the management to procure suffle cient funds to meet such run." Almost immediately a crowd of peo ple appeared in front of the German< American bank and in a few minutes there was a line of men and women at the paying teller's desk. Franklin D. Locke, who is connected with the Manufacturers & Traders Bank and Fidelity Trust Company, mounted a chair and assured those in line that the bank was entirelyi solvent and that Lorain Leal Lewis had been elected to succeed President Emory. A few minutes later the following notice of action taken by the clearing house was posted on the doors: "The Buffalo Clearing House has caused a careful examination to be made of the assets, liabilities and af4 fairs of the German-American bank and find it solvent in every respect. It has decided to advance it such moneys as are necessary to meet all demands upon it." This had a reassuring effect and in short time the excitement had subsid ed. .
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Buffalo New York Bank Closed. ) Buffalo, N. Y., Dec. 5.-At noon today Superintendent of Banking Kilburn closed the German bank of this city. As soon as the German Bank was closed a run started ou the German American bank. Richard Emery is president of both banks which were about to be consolidated.
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Probable Murder and Suicide. Buffalo, N. Y.: The Germun-American Bank, upon which a run was begun Thursday, opened its doors as usual at 10 o'clock Friday. There were about twenty withdrawing depositors in line, all being paid promptly.
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Heavy Run on Bank. Buffalo, N. Y., Dec. 2.-A fight for the controlling interest in the German-American bank resulted in a run on that institution estimated by Vice President Schilling at $400,000 The withdrawals were made by large aepositors, so that the run did not cause any perceptible excitement.
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BRIEF NEWS ITEMS. Pointed Paragraphs Chronicling the Week's Doings. Long Dispatches From Various Parts of the World Shorn of Their Padding and Only Facts Given in as Few Words as Possible For the Benefit of the Hurried Reader. Two tariff commission bills and several other measures relating to the tariff were introduced in the house of representatives. Japanese force sent to turn Rennenkampf's flank has been led into an ambush and repulsed with a loss of 1500 dead, according to Mukden reports. Run on the German-American bank at Buffalo was stopped by co-operation of the clearing house, but the German bank was closed by State Superintendent Kilburn. Banker Beckwith of Oberlin confesses that he and his cashier endorsed for Mrs. Chadwick two notes for $500,000 each that bore the name "Andrew Carnegie." Mr. Carnegie denies that he has signed any such notes.
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Accidental Happenings. Mrs. John Johnson of Bangor, Me., lost her life in a fire while trying to resçue her two small children. Fire at Albia, Iowa, destroyed $50,000 worth of property. Four business firms were totally burned out. The large three-story building at 912-21 Walnut street, Philadelphia, occupied by half a dozen business concerns, was totally destroyed by fire, Fire destroyed the Midway terminal of the Silver Lake mine, near Silverton, Col., cutting off the supply of ore from these mines to the mill and throwing 200 men out of employment. Loss $100,000. One girl was killed, two fatally injured and a score of others hurt from jumping from windows after an explosion which wrecked Lloyd & Simpson's toy pistol factory at Portsmouth, Ohio. entailing a loss estimated at $200,000. A north-bound train on the Virginia Midland division of the Southern railway was derailed at Somerset, Va., and one passenger named McArthur of Baltimore, was killed and three others injured. Three persons were killed and several injured, two fatally, in a fire in a three-story brick residence at 184 South Main street, in Williamsburg section of Brooklyn. The fire was caused by the explosion of an oil stove. Most of those who lost their lives were caught on the upper stories of the building, from which there were no fire escapes. Breaking five great cables as if they had been threads, the 100-ton floating derrick Hercules, during a squall at New York crashed into the battleship Texas, so injuring the war vessel that she will have to go into the dry dock. While a freight was stalled on the Canadian Pacific road at Fort William, Ont., it was crashed into by a train of empty passenger coaches and Conductor Patrick Savage of the passenger was killed, Attorney General Cuneen will apply for a receiver for the suspended Buffalo German-American bank.
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Accidental Happenings. Mrs. John Johnson of Bangor, Me., lost her life in a fire while trying to rescue her two small children. Fire at Albia, Iowa, destroyed $50,000 worth of property. Four business firms were totally burned out. The large three-story building at 912-21 Walnut street, Philadelphia, occupied by half a dozen business concerns, was totally destroyed by fire, Fire destroyed the Midway terminal of the Silver Lake mine, near Silverton, Col., cutting off the supply of ore from these mines to the mill and throwing 200 men out of employment. Loss $100,000. One girl was killed, two fatally injured and a score of others hurt from jumping from windows after an explosion which wrecked Lloyd & Simpson's toy pistol factory at Portsmouth, Ohio. entailing a loss estimated at $200,000. A north-bound train on the Virginia Midland division of the Southern railway was derailed at Somerset, Va., and one passenger named McArthur of Baltimore, was killed and three others injured. Three persons were killed and several injured, two fatally, in a fire in a three-story brick residence at 184 South Main street, in Williamsburg section of Brooklyn. The fire was caused by the explosion of an oil stove. Most of those who lost their lives were caught on the upper stories of the building, from which there were no fire escapes. Breaking five great cables as if they had been threads, the 100-ton floating derrick Hercules, during a squall at New York crashed into the battleship Texas, so injuring the war vessel that she will have to go into the dry dock. While a freight was stalled on the Canadian Pacific road at Fort William, Ont., it was crashed into by a train of empty passenger coaches and Conductor Patrick Savage of the passenger was killed, Attorney General Cuneen will apply for a receiver for the suspended Buf(alo German-American bank.