Article gives no cause for the withdrawals; only reports the run continued through Tuesday.
Newspaper Excerpt
Louisville-A run on the Kentucky Title Savings Bank & Trust company, starting Monday, continued Tuesday,
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Newspaper Articles (1)
1.October 8, 1913Rock Island ArgusRock Island, IL
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Article Text
Louisville-A run on the Kentucky Title Savings Bank & Trust company, starting Monday, continued Tuesday,
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
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Kentucky Title Savings Bank & Trust Company · Episode ID 21005971366