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A RUN ON THE STATE BANK IN GRAND-ST. Since Saturday there has been a run on the State Bank at No. 378 Grand-st. The trouble was caused by the reading of a newspaper by the Polish Jews, who are the principal depositors in the bank. On Saturday morning a Jewish paper published an item stating that the Nebraska State Bank had closed its doors. In the story the word Nebraska was abbreviated to "Neb," and the ignorant hundreds who do business at the bank mistook this for
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one in 100 has turned up at the banks scare" in his or her eye. and not one in has withdrawn his or her money. At three of the banks was there a crowd. were the Emigrant Industrial in Chamstreet. the Bank for Savings in Bleecker and the German bank at Fourth avenue Fourteenth street. At the Emigrant bank esident McMahon said: The run. if it can be dignified by calling it 18 over. There is n pretty fair crowd DOW. but not all of them are after money. of them want their interest. which is due, and a good many of them are desitors. A crowd the size of the one we have may continue for several days. but It is significant. There is not a particle of danthat this bank or any other bank will run of cash. or that any depositor in need of will suffer for the want of it." President Quintard of the Citizens' Savings and President Wood of the Bowery Bank said the flurry had ended. The German vings Bank has a small banking room. That he reason whv the crowd there stretched out the street on Monday and again yesterAll told not more than $30,000 was out of the bank yesterday. and half as was deposited. Not more than fifteen were at the Greenwich Savings Bank one time. while at the Union Dime Bank room was absolutely empty when the recalled. 'here was about half as big H crowd as on uday at the Bleocker street bank. In the the officers posted a notice that no hdrawals exceeding $50 could be made beOct. 16. Oct. 16 1s one of the four days the by-laws specify as pay days. Persons deposit in the bank sign an agreement to effect that they will not ask for money exon these four days The run on the State Bank at 378 Grand is practically over. The depositors have been convinced that the Nebraska State is not the State Bank in Grand street. hadn't reasoned it out, but they have convinced by the arrival of cab loads of dollars destined for their pockets. They want silver dollars. he head man or adviser of some east side had an idea early yesterday and set a press at work turning out blank conwhich he proceeded to fill up for his How many he sold is a question. but Presidents of the big savings banks are pared to swear that his presses must have red hot running to supply the demand. every man who wanted to raise the limit the banks yesterday brought a contract him. These papers were all the same. the word contract printed on the outside inch long. There were contracts to purgroceries. to purchase lots. horses. cows. houses. saloons. butcher shops. dry stores. rubber goods stores. restauhotels. bath houses. millinery stores. nishing goods. clothing. fancy goods, sportgoods. and every other kind of stores. summer cottages. and what not. Every called for the payment of anywhere $75 to $1,000, according to the size of the deposit of the holder. and all these paywere to be made on Aug. 1 at noon. a dozen or so of these devices may have the bearers to draw out all their from the savings banks for "actual but by the time that many had been upon. and the line of waiters still nbered forty or fifty. the bank Presidents tired. and wondered if the whole town had tracted to sell itself. After that contracts go. Most of them were in one hand-
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TALKED BACK TO THE UMPIRE. Baseballist Duffy Can't Agree with Justice Schuchman at All. A motion of M. E. Duffy, formerly a professional ball player, appointed in 1894 to take charge of the assets of Israel Pike and Clara Schulhof under a judgment obtained by the State Bank, to be discharged from the receivership and have his bond cancelled, came up before Justice Schuchman of the City Court yesterday. Counsel for the bank opposed his discharge on the ground that he had not accounted for $25.06 which he had received from the Louisville Trust Company belonging to the defendants. A receipt for the money bearing the name of Duffy was shown to the Court. " Is that your receipt 8" asked Justice Schuchman. It looks like my signature, but I did not receive it." said Mr. Duffy. "Well, unless you pay it," said the Judge, "I will deny your motion and tax you $10 motion costs." Mr. Duffy said the Court was exceeding its authority, to which the Judge rejoined: "I'll assume I have jurisdiction and you'll do as I order." Mr. Duffy again remonstrated with the Judge in a heated tone, and the Judge said: Take your seat. sir." No, I won returned the receiver. "I'll get out of here.