1.
February 4, 1927
Hattiesburg American
Hattiesburg, MS
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(By Associated Press) McALESTER, Okla., Feb. 4.-Both the McAlester Trust Company and the Bank of North McAlester suspended business today. The recent suspension of the First State Bank of Hartshorne and the Bank of Krebs, were contributing factors, it is said. Total deposits of the two Mc . ter banks were about 72,000,000. Banking conditions here caused a furore of excitement and when the First National Bank, the only remaining bank in the city, opened at 9 o'clock a run started. Depositors and spectators gathered in big throngs an hour before the door opened. Amply cash is on hand to stem the crisis it is said.
2.
February 5, 1927
Tulare Advance-Register
Tulare, CA
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three machine guns standing the First National Bank Alester opened for business only active institution in McAlester. Bank officials and citizens generally optimistic ability the institution to stand heavy run caused closing of the Alester Trust Company the Bank of North McAlester other small in yesterday
3.
February 5, 1927
News-Pilot
San Pedro, CA
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Lone Oklahoma Bank Keeps Doors Open as Marines Stand Guard
United Press. McALESTER, Okla., Feb. With three marines armed with machine guns standing guard the First National Bank of McAlester opened for business today-tne only active banking institution in McAlester. Bank officials and citizens were generally optimistic over ability of the institution to withstand heavy run caused by the closing of the $2,000,000 McAlester Trust Company, the Bank of North Mc. Alester and other small banks in this vicinity yesterday.
4.
February 5, 1927
The Sacramento Bee
Sacramento, CA
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Marines Guard Only Bank Left In Oklahoma Town M'ALESTER Feb. (United three marines armed with machine guns standing guard the First National Bank McAlester opened for business today-the only active banking institution McAlester. Bank officials and citizens were optimistic over ability of the institution to withstand caused by the closing of the $2,000,000 McAlester Trust Company, the Bank of North McAlester and other small banks this cinity yesterday.
5.
February 5, 1927
The Chickasha Daily Express
Chickasha, OK
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First National Bank Says Ample Funds Available to Prevent Financial Crisis: Receive Big Money Shipment.
(By McAlester. Feb. funds the First National Bank here today to stem the tide financial crisis that yesterday after the closing of the McAlester company and the Bank of North McAlester. shipment of money arrived from the Federal Reserve Bank in Kansas City. Guarding the money was detachment of United States marines today are on duty the Bank The crowd of panicky depositors eager to withdraw their money from the First National this morning was much smaller than that of yesterday when an all dry run made the bank. The excitement believed to have spent its force. Closing the two institutions here resulted in the closing of three other smaller banks this section the state. The Trust company was parent bank the other four institutions.
6.
February 5, 1927
The Tribune
San Luis Obispo, CA
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MARINES GU ARD ONLY BANK IN McALESTER
(By United Press Lensed Wire) With three marines armed with machine guns standing guard the First National Bank of Alester opened for business today-the only active institution in McAlester.
Bank officials and citizens were generally optimiste over ablity of the institution to withstand heavy run caused by the closing of the 000 McAlester Trust company, the Bank of North McAlester and other small banks in this vicinity resterdar
7.
February 5, 1927
The Register
Santa Ana, CA
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Marines Guard as Bank Faces Run
Okla., Feb., marines, armed machine the First National Bank McAlester, opened business today, only banking institution McAlester. Bank officials citizens generally optimistic ability the institution heavy caused the closing of $2,000,000 Alester Trust company, the Bank North McAlester and other small banks in this cinity, yesterday.
8.
February 5, 1927
The Enid Daily Eagle
Enid, OK
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FUNDS TO WARD OFF RUN ON BANK
Shipment Of Money For McAlester Guarded By Marines
-Ample funds are in the First National bank here today to stem the tide of financial crisis that threatened yesterday after the closing of the Trust company and the Bank of North McAlester shipment of money arrived from the federal reserve bank Kansas City. Guarding the money detachment of United States marines today are duty at the bank and post office. The crowd panicky depositors eager withdraw their money from the First National this morning was much smaller than that of yesterday when day run was made the bank. The believed spent its force. Closing the two institutions here resulted the closing of three smaller in this section the The McAlester Trust company the parent bank of the other institutions.
9.
February 6, 1927
Evening Star
Washington, DC
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BANK CONQUERS RUN, UNDER MARINE GUARD Federal Reserve Funds Aid Oklahoma Institution as It Meets All Demands. By the Associated Press. McALESTER, Okla., February 5.Ample funds were in the First National Bank here today to stem the tide of a financial crisis that was threatened yesterday after the closing of the McAlester Trust Co. and the Bank of North McAlester. A shipment of money arrived from the Federal Reserve Bank in Kansas City. Guarding the money was a detachment of United States Marines, who today were on duty at the bank and post office. The crowd of depositors eager to withdraw their money from the First National this morning was much smaller than that of yesterd.y. when an all-day run was made on the bank. Closing of the two institutions here resulted in the closing of three other smaller banks in this section of the State. The McAlester Trust Co. was the parent bank of the four other institutions.
10.
February 6, 1927
The Lawton Constitution
Lawton, OK
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M'ALESTER BANK WITHSTANDS BY DEPOSITORS
Only One Banking Institution Remains In Pittsburg County Capital.
Feb. standing heavy run caused the closing of the $2,000,000 MeAlester Trust company and filiated banks Friday, the First National bank of McAlester fected regular Saturday noon ing without trouble, and marine guards posted as precaution were dismissed. Feb. with machine guns standing on guard, the First National bank of McAlester, opened usual today with very few withdrawals. Officials and citizens were generally optimistic over of the institution to withstand heavy run caused by closing of Trust company, the bank of North McAlester, and other small banks territory. The First National bank of Alester is the only open banking institution in the town.