275801281 27580
national
ead39fa117ef5777Accommodated withdrawals, Public signal of financial health
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MAKE RUN ON BANK ATCHISON. Kan., Sept. 13.-A street mimor. said to have been start. ed by a drunken man. caused a run on the Exchange National Bank vesterday, in which $50,000 was withdrawn. The bank kept its doors open until 7 o'clock tonight, at which time the excitement had subsided. The bank is considered very strong.
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A RUN ON A BANK About $50,000 Drawn From the Atchison Exchange National. The Rumor of Weakness Started by a Drunken Man. INSTITUTION IS SOUND. Mostly Women That Took Advantage of the "Scare." Deposits Were Made by Many During the Day. Atchison, Kan., Sept. 13.-The Globe says: A small run on the Exchange National bank was in effect at closing time Wednesday afternoon. Somehow a rumor started that there was a bank failure. The story came from the Central Branch shops, originally, and was over town. Theo. Intfen was a telephoned says the story started by drunken man. In attempting to say something smart, the drunken man said: "The bank has failed." One woman who telephoned this office said she heard it was the First National. The last statement of the Exchange National was the best it ever made, showing a reserve of 48 per cent, although the 25 cent. The the same law bank requires has been only in per family for two generations and is as sound an institution as there is in the country; was before. of !sounder As an evidence now than good it ever faith, the bank did not close at 3 p. m., as usual. The business men made their deposits as usual, and many of them offered the bank assistance which it did not need. Those withdrawing deposits are mainly women. The capital of the bank is $100,000, surplus and undivided profits, $97,535; deposits, $1,250,000; total resources, $1,478,000. One man withdrew so much money, that he admitted it would cost him $100 in interest, which he sacrificed. While people were withdrawing at one window many large deposits were being made at the other. Some women were considerably excited, but others quietly withdrew their money and went home. The men looked upon the run as was. a joke, which it undoubtedly It is stated in the afternoon that the bank would be open until midnight, if necessary, to pay off all the depositors. At 3:30 o'clock, however, there were fewer persons in the bank, and the end of the run seemed to be in sight.
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DRUNKEN MAN IS BLAMED. Atchison, Kan., Sept. 12.-A street rumor said to have been started by a drunken man caused a run on the Exchange National bank today in which $50,000 was withdrawn. The bank kept its doors open until 7 o'clock tonight. at which time the excitement had subsided. The bank is considered very strong.
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ATCHISON BANK SAFE. The Run Lasted Only the One Day, Then Depositors Returned, Atchison, Kan., Sept. 14.-Wednesday's run on the Exchange National was not continued yesterday. The bank was kept open until 10 o'clock the first night, at which time there were no depositors in sight, and reopened at 7 o'clock in the morning. Many who withdrew deposits took them back. Banks all over this section offered the Exchange National help. The National Bank of Cômmerce, Kansas City, offered to pay its depositors in full, but with a reserve of 48 per cent it was able to take care of the run itself, Outside aid to the amount of several millions was tendered, but none was needed.
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# GENERAL NEWS. Henry K. Wampole, a wealthy Philadelphia manufacturer, suicided by jumping into East river, New York. This season but four carloads of cascara bark was gathered in Washington and two carloads in Oregon. The shrub is approaching extinction at least as a wild product. Dr. Heg, of Seattle, a member of the state board of health, is of the opinion that Spokane will soon have to resort to some method to procure pure water or suffer from an epidemie of typhoid. The Oregon state Methodist conference will convene at Portland on September 26, in the Sunnyside church. Bishop Warren will preside. The appointments will be read the morning of Monday, October 1. Santos Dumont's latest attempt at aerial navigation—by aeroplane—was a failure. The machine was uncontrollable and went to the ground and was ruined, at Longchamps France. Dumont was uninjured. Swiftwater Bill Gates, erstwhile Alaskan adventurer and millionaire, has filed a bankruptcy petition at Seattle, setting forth that his sole assets are worth $300, while there are judgments against him amounting to $200,000. Nearly all the South American countries will be represented at the next session of The Hague International Peace congress during May and June next, thus raising the number of nations having regular delegates from 30 to about 45. Five directors of the Milwaukee Avenue State Bank, Chicago, have been indicted by the grand jury: M. A. Labury, Frank Crane, Joseph Lister, Elof Johnson, Marcus Kirkeby, President Stensland and Cashier Hereing, are already under indictment. A street rumor, said to have been started by a drunken man, caused a run on the Exchange National bank of Atchison, Kan., in which $50,000 was withdrawn. The bank kept its doors open until 7 o'clock at night, at which time the excitement had subsided. The bank is considered very strong.
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Rumor Starts Bank Run. Atchison, Kas., Sept. 14.-The run started on the Exchange National bank, through a street rumor, ended at noon. The bank remained open until 10 o'clock at night, paying out $50,000, which prompt payment seemingly assured depositors of the bank's soundness and many re-deposited.
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WKER JOTS Frank Nelson has thus far raised over $11,000 to pay off the debt of Bethany college. A correspondent writes the Lawrence Journal that John Brown's old brass telescope is now in the possession of a historical society in Boston. Among ElDorado's other claims to fame is a woman 80 years old who has never been in the postoffice, never bought a stamp, or mailed or received a letter. Noting that the way to spell kissed has been changed to "kist," the Ellsworth Reporter is authority for the statement that Ellsworth girls are ready for a spell of it. A Junction City man knew a good thing by having 20 acres of watermelons get ripe while an extra large number of troops were camped at Fort Riley. He sold about five wagon loads a day to the soldiers. Charles C. Eberhardt, of Salina, the Kansas man who has been advanced from the post of vice consul at the City of Mexico to that of consul® at Iquitos, Peru, sailed from New York Saturday for his new post. Judge W. D. Webb, the tariff-revision candidate for congress in the First district, is the father-in-law of Ralph Tennal, of the Sabetha Herald. This is the proper way to state it, instead of saying that Ralph Tennal is the sonin-daw of Judge Webb. The "run" on the Exchange National bank at Atchison last week, which was really only a walk, originated in this way: A woman was heard to say over the telephone, "Did you know 'Cliff' Hetherington was failing?" She had reference to Hetherington's health, but the man who heard it thought she meant the bank, and told all of his friends about it. And they told their friends. Story on Webb McNall by the Gaylord Sentinel: Last Tuesday Webb McNall hitched up the family horse and drove down from his Banner township farm. He got his mail, jollied the boys as is his good natured custom and then walked back home, leaving his horse standing on the street patiently waiting for his master. Webb did not discover his mistake until the kids wanted to know what he had done with the horse and buggy.
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Caused a Run. Atchison, Kan., Sept. 14.-A street rumor, said to have been started by a drunken man, caused a run on the Ex shange National bank, in which $50.000 was withdrawn.
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Four masked men accempted to nold up passenger train No. 311 on the Rock Island, near Peoria, Ills., and but for the presence of mind of Conductor Murray, who disarmed one of the men after being struck on the head, the passengers would have been robbed. Scores of families will move from Zion City, III., to a new colony to be established in Butte county, S. D., according to R. V. Iverson of Zion City, who says the Zionists, tired of constant bickerings, will establish a new colony and eventually build a city. A plea of not guilty has been entered in the probate court at Findlay. O., by John D. RockeTeller on the charge of violating the anti-trust law through the Standard Oil company. Mr. Rockofeller was not personally in court. He pleaded through an attor. ney. A street rumor said to have been started by a drunken man caused a run on the Exchange National bank at Atchison, Kan., in which $50,000 was withdrawn. The bank kept its doors open until 7 o'clock at night, at which time the excitement had subsided. John C. Hately, appointed receiver of Zion City pending litigation in the Federal courts, made his first official report to the court last week. He declares the liabilities of the city, as shown by the books, aggregated $6,125,018, with assets of a Nitle over 85,000,000
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for the presidency and pledged him their support. Friday, September 14. The Select Castle of Pennsylvania Knights of the Mystle Chain will meet next year at York. Colonel W. H. Knauss, of Columbus, O., was elected commander-in-chief of the Union Veterans Legion. William Butler, of Philadelphia, tried to commit suicide by cutting his throat with the blade of a safety razor, but will recover. A street rumor started by a drunken man caused a run on Exchange National Bank at Atchison, Kan., and $50,000 was withdrawn. George A. Fuller, of Syracuse, N. Y., who was nominated for state treasurer of New York by the Inde, endence League, has refused to accept the nomination. Saturday, September 15. The bofler in a saw mill at Martba, Ky., exploded and killed three employes. Lightning struck a building of the New Jersey state reformatory at Ralt way and rendered four boys unconscious. Mrs. Mary A. Bigley, mother of Cas sie Chadwick, the frenzied financier, of Cleveland, O., died at Woodstock, Ontario The Wyoming Democratic state convention adopted resolutions endorsing "W. J. Bryan, the triumphant presidential candidate in 1908." Monday, September 17. Four robbers blew open the safes of two banks at Underwood, N. D., and escaped with about $10,000 cash. W.J. Bryan will address the national meeting of the Presbyterian Brother. hood at Indianapolis November 14. The resignation of several Methodis! ministers from that church and application for admittance to church in the Corry district, Ps., has aroused much discussion. Six men and one woman were stabbed in a fight among Poles and Austrians at the mining settlement at Long Run, O., and three men will die. Governor Pennypacker, of Pennsyl. vania, has notified Albert C. Leisenring, of Upper Lehigh, that he had se lected him as a delegate to represent Pensylvania at the Mining Congress at Denver in October. Tuesday, September 18. James W. Hall, night watchman of the Air Line Manufacturing company at Norfolk, Va, was murdered and robbed. The 276th anniversary of the found. ing of Boston was celebrated Monday. In juraping from a moving train at Cairo, III., P. J. Thistlewood a wealthy grain dealer, fell and broke his neck, dying instantly. A. H. Baker was murdered in his store at Barbourville, W. Va., and the place robbed. Wednesday, September 19. The National Negro Baptist Convention will meet next year in Wash ington, D. C. John Strothcamp died at Harrison, N. Y., from a knock-out blow received in a boxing bout with Philip Ryan. While sitting in the street before his home in Philadelphia, Benjamin Goldsmith, aged 3 years, was run over by a trolley car and killed. Two laborers were killed and nine injured, two fatally, by the collapse of a steel superstructure at the Wood worsted mills, Lawrence, Mass. Despondent because of ill health, Walter Brooke, a farmer, living near Newtown Square, committed suicide by shooting at the home of his brother in Philadelphia.