19701272 1970
national
4a7bf6dbe7b736dcAccommodated withdrawals
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GROUNDLESS RUMOR CAUSES SENSELESS RUN. York, Pa., Dec. 7.-A run on the First National bank was inaugurated today and hundreds of small depositors withdrew. The run was caused by a rumor. An art store opposite the bank had been seized by the sherLff. A passerby remarked to a friend: "That art store opposite the First National bank has failed." Some one heard only the last five words and the rumor spread that the bank had failed.
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RUMOR CAUSES RUIN. York, Pa., Dec. 7.-A run on the First National Bank was started today and hundreds of small depositors withdrew. The run was caused by a rumor An art store opposite the bank has been seized by the sheriff. A passer by remarked to a friend "that art store opposite the National Bank has failed" some one heard only the last few words and the rumor spread that the bank had failed.
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MISCONSTRUED REMARK STARTED RUN ON BANK York, Pa., Dec. 7.-An art store across the street from the First National bank was seized by the sheriff yesterday. A passerby remarked to a friend "the art store across from the First National bank has failed." Some one within hearing heard the last part of the sentence and told his friends the This First National bank had failed. started a run on the bank. The bank met all demands and is perfectly solvent.
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BANK RUN STARTED. / Little False Report Creates Quite Excitement at York, Pa. York, Pa., Dec. 7.-A run on was First National Bank of this city caused by a false report being inaugurated today and up to noon hundreds of small depositors had withdrawn their deposits.
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FALSE REPORT STARTS A RUN Funds Being Withdrawn from First National at York, Pa. York, Pa., Dec. 7.-A run on the First National bank of this city, caused by a false report, was inaugurated today, and up to noon hundreds of small depositors had withdrawn deposits.
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RUN ON FIRST NATIONAL BANK OF YORK. PA. York, Pa,, Dec. 7.-A run on the First National bank of this city was inaugurated today and up to noon hundreds of small depositors had withdrawn their savings. The run was caused by an unfounded rumor that gained circulation yesterday. An art store on the opposite side of the street had been seized by the sheriff. A pass-
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Wild Rumor Starts Run on Bank. York, Pa., Dec. 7.-A run on the First National bank was inaugurated today and hundreds of small depositors withdrew. The run was caused by a rumor. An art store opposite the bank had been seized by the sheriff. A passerby remarked to a friend. "That art store opposite the First-National bark has falled." Someone heard only the last words and the rumor spread that the bank had failed.
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Run on National Bank. York, Pa., Dec. 8.-A run on the First National bank of this city began during the day and up -to noon hundreds of small depositors had withdrawn their deposits. The First National is one of the most prosperous banks in York. It is capitalized at $300,000 and has a surplus of $100,000. Its last report shows resources of $2,379,464 and deposits amounting to $2,287,109.
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Run on National Bank. York, Pa., Dec. 8.-A run on the First National bank of this city began during the day and up to noon hundreds of small depositors had withdrawn their deposits. The First National is one of the most prosperous banks in York. It is capitalized at $300,000 and has a surplus of $100,000. Its last report shows resources of $2,379,464 and deposits amounting to $2,287,109.
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At the North. There are rumors of possible criminal action following the completion of the insurance inquery in New York. An unfounded rumor that the First National Bank of York, Pa., had failed started a run on the institution. Gov. Robert E. Le Follette was elected United States Senitor by the Legislature of Wesconsin. Mrs. Ira Barry, who defied the authorities of Girriard, Kan., to remove her from a railway car, which she defended with a pistol for five days, was captured by strategy.