1.
January 9, 1911
Santa Fe New Mexican
Santa Fe., Santa Fe, NM
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RUN ON HARLEM BANK Depositors Were Soon Reassured and Left Their Deposits FINANCIAL CONFERENCE HELZ It Has Re-Established Stability and Confidence In Money Center. New York, Jan. 9.-The financial horizon is decidedly cleared today as the result of conferences held last night to provide against any unsettling of the stability of the financial organizations allied with the Carnsgie Trust Company. One thing appeared to be plain, that the trouble of the Carnegie Company and its allies was an isolated condition and not indicative of any wídespread trouble in the financial world. There was a slight run on the Twelfth Ward Bank in Harlem this morning, but the depositors soon were reassured and many went away without withdrawing their deposits. Morgan Will Help Banks. New York, Jan. 9.-There was some excitement in the savings department of the Nineteenth Ward Bank, 57th street and Third avenue and at its branches on 86th and 72d streets where several hundred people were in line. No disorder occurred however. J. P. Morgan has agreed to give whatever financial assistance is necessary to the Nineteenth Ward and Twelfth Ward banks.
2.
January 9, 1911
Las Vegas Optic
Las Vegas, NM
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Article Text
NO REAL CAUSE FOR ALARM TRUST CARNEGIE COMPANY AN FAILURE DECLARED ISOLATED ONE STILL SEVERAL RUNS RESULT J. P. MORGAN OFFERS ASSIST. ANCE TO INSTITUTIONS AFFECTED New York, Jan. 9.-The financial situation was decidedly clearer today as the result of conferences held last night to provide against any unsettled stabi'ity of the financial organizations allied with the Carnegie Trust company. One thing appeared to be plain. That was that the trouble of the Carnegie Trust company and its allied was isolated and . the failure was not indicative of any widespread trouble in the financial world. There was a slight run on the Twelfth Ward bank in Harlem this morning, but the depositors soon were reassured and many went away without withdrawing their deposits There was also some excitement in the savings department of the Nineteenth Ward bank at 57th street and Third avenue and at its branches on 86th and 72nd streets, where several hundred people were in line. There was no disorder, however. J. P. Morgan has agreed to give whatever financial assistance is necessary to the Nineteenth ward and the Twelfth ward banks.