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Showing the Power of Millions. HE TALKED TO THE WOMEN. So, Presently, There Came an End to the Run on the Savings Bank. Special to THE MORNING CALL CHICAGO, June 6.-In spite of the fact that the Illinois Trust and Savings Bank remained open until 3 o'clock this moreing to give anxious depositors a chance to draw their funds, a new line began to form before 8 o'clock this morning and at 10 o'clock, an hour before the opening, between 1200 and 1500 people were waiting at the doors with savings-books. The crowd several times larger than at any time yesterday. The bank is considered absolutely sound. The assets are figured up at over $28,000,000 and its stockholders are estimated to be worth in the aggregate fully $150,000,000. At the other savings banks the runs which began yesterday seem to have increased in size. During the time when the run on the Illinois Trust Bank was the hottest this afternoon Phillip D. Armour, the millionaire packer, sent out some of his clerks to bring his office a hundred or more of the most excited of the depositors, mostly women. To these Mr. Armour made a speech, assuring them that the bank was all right And adding that Armour & Co. would guarantee to each of them the full amount of her deposit. If any of them were not satisfied with this, let them speak up and he would give them their money. Two women asked for the amount of their deposit and were immediately paid in gold, while the remainder of the people went away satisfied. The Grant Locomotive Works made a voluntary assignment to-day, with assets at $1,151,000 and liabilities only $420,000. The cause of the embarrassment is the fact that the'company invested all its capital stock in its plant. It has been working OD a large order for locomotives and tiedup a large amount of money in them. As they cannot be realized upon until devered and as the company has been delayed by the strike which has been on for the past three months, and owing furthermore to the stringency in the money market, the stockholders to-day decided that all parties interested would be better protected by putting the property of the company in the hands of an assignee. WASHINGTON, June 6.-Comptroller Eckels said to the Associated Press this morning that, as far as advised, no national bank in Chicago had been affected by yesterday's financial flurry. The Clearing-house there stands ready to assist its members whenever necessary. An abstract of the condition of the Chicago national banks on the date of the last call showed a reserve of 29.45 per cant, or 4.45 above the legal requirements. The total resources are $100,864,804; surplus, $11,516,700; undivided profits, $1,506,000. DEFIANCE, Ohio, June 6.-The doors of the Defiance Savings Bank were closed vesterday afternoon just before the close of business. This was done by Assignee Rolla H. Gleason, and many of the stockholders did not know that such a step in contemplation. The bank was the youngest in town. "The assets are not less than $150,000 and the liabilities are stated at $100,000. The failure is attributed to large leans made by the bank, which tie up some $127,000, leaving too narrow a working capital. Andrew Sauer, the cashier, also assigned his entire real and personal property, amounting to $100,000 Mr. Sauer is interested in a number of local enterprises, all of which are included in his assignment. Among them are the Defiance electric street railway, the electric-light plant and gas works and the Citizens' Opera-house valued at $50,000, besides considerable real estate and the Golden Rule dry-goods house. NEW YORK, June 6.-A notice on the door of the defunct Canal-street Bank this morning informed the clamoring crowd of depositors that the bank was in possession of the Superintendent of Banks, and another notice stated that the bank had gone into liquidation and the depositors would be paid in full. BOSTON, June 6.-Potter & Potter, publishers of the New England Magazine, Yankee Blade, Woman's Journal and other periodicals, have made an assignment. The liabilities are $75,000 to $100,000. The firm may resume. The failure is due to a losing business on the New England Magazine. KOKOMO, Ind., June 6.-The Grand Jury investigating the wrecked Paris-Dwiggins Bank of Greentown found indictments tonight against ex-Governor Ira J. Chase and John W. Paris, directors, and Lewis S. Walden, cashier. The ex-Governor is charged with embezzlement and false pretenses, Paris with the same thing on five counts, and Walden with receiving money, knowing the bank to be insolvent, and false pretense. Paris and Walden were arrested to-night, and a warrant has been issued for Chase, who is lecturing in West Virginia. WICHITA. Kans., June 6.-As a result of attachments sued out by St. Louis and Kansas City banks the Francis Whitaker & Sons Packing Company was placed in the hands of a receiver late this evening. No statement is yet obtainable. The tachments aggregate $125,000. The plant here is valued at $200,000. The firm has done little business for some time on account of the high prices of hogs, and the Board of Trade was preparing to sue for breach of contract in failing to run the plant to its full capacity, the contract still being in force. Land was donated the firm by the city. THREE WENT DOWN.
