Article Text
RUMOR OF ROBBERY STARTS BIG RUN ON BANK IN CHICAGO
CHICAGO, Ill.—Opening of the Metropolitan State bank on the southwest side after a night run found the line of depositors gathered to with-
Metropolitan State Bank (Chicago, IL)
Episode Information
- Episode Type
- Run Only
- Start Date
- April 10, 1923
- Location
- Chicago, Illinois (41.850, -87.650)
- Bank Type
- state
- Routing Number
2-0270
Metadata
Events (1)
1.
April 10, 1923
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- False rumors that the bank had been robbed, apparently started when a burglar-alarm test went off and police answered, leading depositors to believe a robbery occurred.
- Random Run
- Yes
- Random Run Snippet
- False rumors bank had been robbed after burglar-alarm test
- Measures
- Bank was fully prepared with large cash reserves (reported $500,000+ on hand); paid out about $300,000; special police guard ordered to control crowds.
- Newspaper Excerpt
- The run was said to have resulted from false rumors that the bank had been robbed.
- Source
- newspapers
Newspaper Articles (10)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
RUN ON CHICAGO BANK
(By Associated Press)
CHICAGO, April 11.—Opening of the Metropolitan State Bank on the South West Side after a night run, found the line of depositors gathered to withdraw their money greatly diminished and the bank was fully prepared. More than $700,000 in currency was reported in the bank's vaults.
The run was said to have resulted from false rumors that the bank had been robbed. Within three hours last night $300,000 was paid out.
Click image to open full size in new tab
Article Text
RUN ON CHICAGO BANK CAUSES CALL FOR POLICE
Depositors' Groundless Fears Cause Trouble
Chicago, April 10.—A run on the Metropolitan State bank at Twenty-second and South Levitte streets resulted in a special guard of police being ordered out tonight to keep the crowds of alarmed depositors around the bank in order.
Officials of the bank declared that the run was caused "by politics." Long lines began to form before the
Click image to open full size in new tab
Article Text
Chicago Bank Ready With $300,000 Cash For Run
CHICAGO, April 11.—Opening of the Metropolitan State Bank on the southwest side after a night run, found the line of depositors gathered to withdraw their money greatly diminished and the bank was fully prepared with more than $500,000 in currency.
Click image to open full size in new tab
Article Text
Resulted From Rumor That Bank Had Been Robbed.
CHICAGO, April 11.—Opening of the Metropolitan State bank on the southwest side after a night run found the line of depositors gathered to withdraw their money as a result of a false rumor, greatly diminished and the bank was fully prepared. More than $500,000 in currency was reported in the bank's vaults.
The run was said to have resulted from a rumor that the bank had been robbed.
Click image to open full size in new tab
Article Text
RUN ON BANK DWINDLES CHICAGO, April 11.—Opening of the Metropolitan State Bank, on the southwest side, after a night run, found the line of depositors gathered to withdraw their money greatly diminished, and the bank was fully prepared. More than $500,000 in currency was reported in the bank's vaults.
The run was said to have resulted from false rumors that the bank had been robbed. Within three hours last night $300,000 was paid out.
Click image to open full size in new tab
Article Text
RUN ON BANK IS RECEDING
CHICAGO, April 11.—Opening of the Metropolitan State Bank found the line of depositors gathered to withdraw their money greatly diminished and the bank was fully prepared. More than $500,000 in currency was reported in the bank's vaults. The run was said to have resulted from false rumors that the bank had been robbed. Within three hours last night $300,000 was paid out.
Click image to open full size in new tab
Article Text
RUN ON BANK STARTS ON TRIAL OF BURGLAR ALARM
CHICAGO, April 10.—A run on the Metropolitan State bank at 22nd and South Leavitt streets, resulted in a special guard of police being ordered out tonight to keep the crowds of alarmed depositors around the bank in order.
Long lines began to form before the
Click image to open full size in new tab
Article Text
Chicago Police Hold Back Run On Bank
CHICAGO, April 10.—A run on the Metropolitan State bank at 22nd and South Leavitt streets, resulted in a special guard of police being ordered out tonight, to keep the crowds of alarmed depositors around the bank in order.
Click image to open full size in new tab
Article Text
Burglar Alarm Causes Run on Bank Chicago.-A run on the Metropolitan State Bank, at Twenty-second and South Leavitt streets, resulted in a special guard of police being ordered out to keep the crowds of alarmed depositors around the bank in order. John B. Brenza, president of the bank, said he believed the run was the result of the installation of a burglar alarm system. In the installation work, it was necessary to set off the alarm to test it. Mr. Brenza said that he believed that when the police answered the alarm the rumor spread that the bank had been robbed.