1.
March 11, 1910
Evening Star
Washington, DC
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END OF RUN ON BANK. Savings Institution Declared to Be on Sound Basis. CLEVELAND, Ohio, March 11.-Noon today saw the end of the run on the Bank of the Society for Savings which started late Wednesday and caused a panic among thousands of depositors who had put their savings in the institution. The promptness with which the bank officials inet the crisis and the steps which they took to assure the public of the absolute soundness of their financial position had its effect-today in stopping the run, which had assumed extraordinary proportions yesterday. About $1,200,000 was withdrawn. Myron T. Herrick, the president of the bank. issued the following statement: "The Society for Savings was never in a sounder financial position in its history. The run was started by baseless rumors started by some malicious person or persons whom we are now endeavoring to trace. About $1,200,000 has been paid out by the bank and the hardship falls on the misled depositors, who have forfeited the three months' interest which would accrue on April 1."
2.
March 11, 1910
Evening Times-Republican
Marshalltown, IA
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BANK FLURRY OVER. Crowd at Doors of Cleveland Institution Subsiding Today. Cleveland, March 11.-The crowd at the doors of the bank of the Society for Savings this morning was smaller than that on yesterday. Indications are that this is to be the last day of the flurry. Noon today saw the end of the run on the bank of the Society for Savings, which started late Wednesday and caused a panic among the depositors. About $1,200,000 was withdrawn.
3.
March 11, 1910
Tonopah Daily Bonanza
Tonopah, NV
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No Reason Can be Given for Run on Cleveland Bank Panic Stricken Foreign Depositors WithCOBB ELECTED draw Savings From Bank that is DePRESIDENT PRO TEM clared Solvent. OF N. Y. SENATE By Associated Press. the bank is able to meet all deCLEVELAND, O., March 10.mands, and this assertion is asBy Associated Press. With thousands of panic stricken serted by State Bank Examiner SeyALBANY, N. Y., March 10.depositors clamoring at its doors, mour. The crowds of hysterical deSenator George Cobb was selected the Bank of the Society for Savings positors stood in line before the as president pro tem of the senate faced the second day of the run bank all day. Inside the bank the in the republican caucus late tothat apparently had only a vague clerks literally ladeled out gold, night after a bitter fight which rumor for its basis. Ninety per silver and bills to the excited men threatens to disrupt the party in cent of the throng that surrounded and women. No definite explanathe state. Cobb is the candidate of the building were women, and tion has been given for the run. Chairman Timothy Woodruff of the nearly all were foreigners. The A pile of more than a million He state republican committee. bank officials were unwilling to in gold, and bills was displayed was opposed by Senator Harvey make any estimate of the money on the counters of the bank in Hinman and supported by Elihu paid out and they reiterate that plain view of the depositors. Root and Governor Hughes. The
4.
March 11, 1910
Tonopah Daily Bonanza
Tonopah, NV
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By Associated Press. CLEVELAND, O., March 10.With thousands of panic stricken depositors clamoring at its doors, the Bank of the Society for Savings faced the second day of the run that apparently had only a vague rumor for its basis. Ninety per cent of the throng that surrounded the building were women, and nearly all were foreigners. The bank officials were unwilling to make any estimate of the money paid out and they reiterate that
5.
March 11, 1910
The Cairo Bulletin
Cairo, IL
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BANK HOLDS OUT AGAINST A RUN THOUSANDS DEPOSITORS CLAMOREP AT DOOR OF CLEVELAND BANK YESTERDAY. MILLIONS IN THE VAULT And Over a Million in Full View of Depositors, But Still They Came-Mystery About the Run. Cleveland, March 10.-With thousands of panic-stricken depositors clamoring at he doors, the Pank of the Society for Savings faced a second day of a run which apparently has for its basis merely vague rumors. Ninety per cent of the frightened throng that surrounded the building were women, and nearly all were foreigners. The bank officers are hnwilling to make any estimate as to the amount of money paid out. but reiterate that the bank is fully capable of meeting all demands, and this assertion is supported by the bank examiner. Scenes about the bank today were extremely picturesque. Outside, the long line of depositors, herded by a hundred policemen, chattered volubly in half a dozen languages. Every now and then a hysterical woman would break from the line and make a dash for the bank entrance, only
6.
March 11, 1910
Daily Press
Newport News, VA
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BIG RUN ON BANK. Cleveland Depositors Panic Stricken Over Rumors. CLEVELAND, OHIO. March 10.With thousands of panic stricken depositors clamoring at its doors, the Bank of the Society for Savings, taced this morning the second day of a run which apparently has for its basis merely vague rumors. Ninety per cent. of the frightened throng that surrounded the building were women and nearly all were foreigners. The bank officials assert that the bank is fully capable of meeting all demands and this assertion is supported by B. B. Seymour, state examiner of banks.
7.
March 12, 1910
The Ocala Evening Star
Ocala, FL
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AN UNREASONABLE PANIC Cleveland, O., March 12.-With thousands of panic-stricken depositors clamoring at its doors, the bank of the Society for Savings faced yesterday morning the second day of a run which apparently had for its basis merely vague rumors. Ninety per cent. of the frightened throng that surrounded the building were women and nearly all were foreigners. The bank officials assert that the bank is fully capable of meeting g all demands and this assertion is supported by B. B. Seymour, state examiner of banks.
8.
March 16, 1910
The Mt. Sterling Advocate
Mount Sterling, KY
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Run On Bank. Last week a run was made on the Bank of the Society for Savings at Cleveland, O. There are 89,000 depositors, mostly foreigners. Conspicuously displayed on a table was $1,500,000 in bills, beside bags of coin and bills. The bank had $5,000,000 in currency and $30,000,000 in bonds. The run lasted for two days, checking out $1,250,000.
9.
March 17, 1910
The Citizen-Republican
Scotland, Parkston, SD
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PANIC OVER CLEVELAND BANK IS NOW ABATING Cleveland, Ohio, March 14.-Al.nost with the dawn, excited depositors commenced to gather about the Bank of the Society for Savings and the third day of the run on the institution opened with several hundred men and women thronging the doors of the bank, calling for their savings. The crowd, however, was appreciably smaller than on yesterday. The published statement of the bank officials and of the state examiner and telegrams from the biggest financial houses of America, offering help, and expressing confidence, have apparently had their effect in checking the panic. The cause of the unprecedented run remains as much as mystery as ever.
10.
March 17, 1910
The Bon Homme County Independent
Tabor, SD
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PANIC OVER CLEVELAND BANK IS NOW ABATING Cleveland, Ohio, March 14.-Almost with the dawn, excited depositors commenced to gather about the Bank of the Society for Savings and the third day of the run on the institution opened with several hundred men and women thronging the doors of the bank, calling for their savings. The crowd, however, was appreciably smaller than on yesterday. The published statement of the bank officials and of the state examiner and telegrams from the biggest financial houses of America, offering help, and expressing confidence, have apparently had their effect in checking the panic. The cause of the unprecedented run remains as much as mystery as ever.