Northwestern Trust & Savings Bank (Chicago, IL)

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WOMEN CRUSHED IN BIG RUN ON CHICAGO BANK False Rumors Regarding Finances Start Run on Northwestern Trust & Savings Institution and Many Are Trampled CHICAGO, March 24.-Several women were crushed and trampled in a scramble of depositors of the Northwestern Trust & Savings bank on the northeast side of Chicago this morning. The run was said to have resulted from false rumors concerning the bank's financial strength. Bank officials were paying out money as fast as the depositors could be served and other

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BLAME ANIMUS FOR BANK RUN CHICAGO, March 24. - The at. tempted run on the Northwestern Trust & Savings bank, in which hundreds of foreign born desopitors stormed the Institution and demanded their money, was laid to a plot today. Enemies of John F. Smulski, former state treasurer and president of the bank, wrote anonymous letters, causing the panic, investigators claim.

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BANK DEPOSITORS IN RUN

By Associated Press to Every Evening Chicago, March 24.-A special detail of twenty-five police, armed with rifles was callett upon today to control thousands of persons who besteged the Northwestern Trust and Savings Bank to withdraw their deposits following a false rumor that the condition of the institution was unstable

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NEEDLESS RUN ON CHICAGO BANK (By Associated Press) Chicago. Mar. 24-A special detail of 25 policement with rifles was called today to control thousands of persons who Desieged the Northwestern Trust & Savings Bank to withdraw deposits, following a false rumor that the condition of the institution was unstable. The bank's resources are $20,000,000; deposits $18,000000. A'reward of $5,000 was offered for identification of the person responsible for the rumors. The bank is declared the strongest in Chicago.

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CHICAGO, March 24.-The attempted run on the Northwestern Trust and Savings Bank, in which hundreds of foreign born depositors stormed the institution and demanded their money, was laid to a plot today. Enemies of John F. Smulski, former state treasurer and president of the bank, wrote anonymous yetters, causing the panie, investigators claimed.

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FALSE RUMOR CAUSED RUN ON CHICAGO BANK Chicago, March 24.-A special detail of twenty-five police, armed with rifies was called upon today to control thousands of persons who besiaged the Northwestern Trust and Savings Bank to withdraw their deposits following a false rumor that the condition of the institution was trustable.

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Chicago, March 24.-A police detail was required to control the thousands of depositors who besieged the Northwestern Trust and Savings Bank in a run started by false rumors.

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FALSE REPORT CAUSES

RUN ON CHICAGO BANK

Women Are Crushed in Scramble of Depositors to Withdraw Deposits

Chicago. Several women were crushed and trampled in a scramble of depositors of the Northwestern Trust and Savings bank on the northwest side of Chicago Friday morning. The run was said to have resulted from false rumors concerning the bank's financial strength.

Bank officials were paying out money as fast as the depositors could be served and other banks were said to be ready to supply all the cash needed. John F. Smulski, head of the bank, announced a reward of $5,000 for information of the identity of the person responsible for the run.

The bank's last statement showed resources of $19,458,277.

Early in the day depositors began gathering. The bank officials arrived early. Twelve policemen tried to keep the depositors in line.

The crush became so great outside the bank finally that 100 policemen, 25 of them armed with rifles, were placed on duty there. Dozens of women were carried into the bank in a fainting condition.

The Federal Reserve bank, of which the Northwestern is a member, sent $750,000 in an armored car to the bank. The Continental and Commercial National bank sent $1,000,000.

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2000 Storm Bank in Run

CHICAGO, III.Pickpockets plying their trade in a crowd of 2000 depositors who stormed the Northwestern Trust and Savings bank Friday following circulation of rumors that the bank was insolvent, robbed two aged women of their savings of a lifetime. The clearing house and federal reserve bank both issued statements declaring the bank is sound and the rumors false.

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False Rumors Start Run

Chicago.-Several women were crushed and trampled in a scramble of depositors of the Northwestern Trust and Savings bank, on the north. west side of Chicago. The run was said to have resulted from false rumors concerning the bank's financial strength.