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AT STATE BANK/RUN. OVER $80,000 PAID OUT. Deposits Exceed Payments Police Charge Frenzied Crowd. Panic stricken, and like a flock of sheep foltheir leader, the motles throng of 378 delowing in the State Bank, Nos. 376 and positors continued the run on that institution time Grand-st from 9 a. m. to For a inyesterday forenoon the excitement became so in the that a serious riot sprevented only by tense quick action of the police. the of the most anxious had remained in the to Some all night waiting for the bank doors street when they did open for admission, more open, and struggled three than hundred half were women. By 11 a frenzied mob, and of persons whom become o'clock Captain the crowd Tighe had to send for reinforcements. Reserves came The had the Eldridge and Fifth st. stations. from jammed itself against & brass railing the basement in crowd that surrounded had break. front Twenty of the The railing threatened to and some plain clothes men with their clubs just in to the bank. policemen mob time charged avert accident. After this the sidewalk was roped an off and the people kept in line. The blocks on side of the bank were patrolled. became evident that the run was continue all day, and for each When to it perhaps likely several days. two of the bank officials were sent Wall Street, one with a $50,000 gold certifito and the other with one for $25,000. They brought cate back two truckloads of silver dollars. depositor is told that he or she must take Every all his or her money out or none at all, they must accept silver dollars. These and weigh so much that several were unable to away the amounts due them. carry Cohen, of No. 227 Broome-st., one of Becky women to draw her money, received the first in a bag. Each $1,000 of silver weighs $1,085 pounds. When she found the money it fifty-five heavy she begged the cashier to take was so and keep it. but he refused. Up to 3:40 which p. back women were allowed in the line cashm. formed only on the sidewalk and ended at the ier's window in the basement. soon became the rule for a woman who reIt over $200 to take off her skirt, or petti- a celved and make a bag of it. One woman cut into coat. from her waist and made a bag of it, sleeve she poured several hundred dollars. which While some $60,000 was paid out yesterday $400,000 was deposited in the same time. bank officials said they would allow none The old depositors to put back their money, the and of the were paying in specie, so they could tell old depositors when they came back. Roundsmen Blunt and Robinson and Detective crowd were injured in the crush. The of the jammed Kenny them against the railing in front was bank. The six-inch coping of granite out about two inches by the pulling away of of pulled the railing, and the railing was bent out shape. is the sixth run that this bank has weathered. This The "runs" have occurred from all of causes. The first was started by a fight sorts in front of the bank, excited Hebrews thinking that the crowd was storming the bank. The second was caused by a man who had an epileptic fit at the bank and fell into the areathird started from a fire. The fourth occurred in the Spanish war, when there was talk that the Spanish fleet would bombard NewYork and foot the banks. The fifth was in one of the Bryan campaigns. A Nebraska State bank had 2 run. Some of the papers used "Neb." and the Hebrews thought it meant "neblesh," which means poor. A handbill was distributed among the crowd, printed in Yiddish, stating that the bank would pay out money day and night. and that there was nothing to be feared. This seemed to have a good effect, as the crowd thinned out afterward. After the last of the depositors, just before 5 o'clock had been paid. the crowd melted away. With the coming of the men and women from of work at 6 o'clock and after, there was none the congestion or attempts at disorder feared by a Inspector Titus. By 7 o'clock there was not person standing about the bank, and the police guard had been reduced to two men. President O. L. Richard said he was confident the run was about over. Five hundred and eighty-seven accounts had been closed, aggregating $80,763. The depositors, he said, by withdrawing their funds lost the 2 1/2 per cent interest, which would have been paid to-day. The senseless scare had not interfered with deposits made by active depositors. Vice-President Kohn showed a check for $23,750 from Harry Fischel, which was the first deposit received yesterday. He said that up to noon over $20,000 had been deposited, the usual amount and the "scare" money was therefore below the of running business, deposits. At the Brownsville branch of the State Bank, Pitkin and Stone aves. Brooklyn. a number of small depositors withdrew their accounts on account of the stories from Manhattan, and there run was some excitement, but nothing approaching a
