1.
March 8, 1927
Battle Creek Moon-Journal
Battle Creek, MI
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PALM BEACH BANKS CLOSED
Move Starts Run on Other Institutions of District.
West Palm Fla., March leading banks the Palm Beach district closed their doors today and started of the most frenzied runs the history of Florida finance. found streets jammed with depositors their money from remaining banks of the Runs the Farmers Bank and Citizens Bank of West Palm Beach that an armored dispatched from Miami bearing cash for panicky No sooner had the First AmeriBank Trust posted notice business suspended the protection depositors tions Bank Trust of West Palm Beach and the First Bank and Trust Palm Beach. Heavy all three banks during the eight affairs part the state given as reasons for the ing.
2.
March 8, 1927
The Oregon Daily Journal
Portland, OR
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FLORIDA BANKS CLOSE; RUN BEGUN
West Palm Fla., March leading banks the Palm Beaches closed their doors this morning and started one the most frenzied runs in the history of Florida finance. Mid-day found streets jammed with seeking to money it from remaining banks of the Runs on bank and the Citizens' bank of West Palm Beach were armored was from Miami bearing cash for panicky depositors. No sooner had First American Bank Trust notice that business suspended for the protection of depositors than two other Bank & company of West Palm and First Bank & Trust comof Beach all three banks during past eight and condition of fairs in this part the state were given as reasons for the closings.
3.
March 8, 1927
Astoria Evening Budget
Astoria, OR
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THREE PALM BEACH CLOSE
WEST PALM BEACH, Mar. leading banks of the Palm Beaches closed their doors this morning started one the most frenzied runs in the history of finance. Mid-day found streets jammed with depositors their money withdrawing from remaining banks of the city. Runs the Farmers Bank and the Citizens bank of West Palm Beach such that an armored despatched from Miami bearing cash for panicky deposiNo sooner had the First AmeriBank Trust company postnotice business pended for protection posits, than two other instituions closed. Heavy wihdrawals on all three bans during the past and unsettled condition affairs this part of state given as results of the closings.
LOG SETTER KILLED Mar. McKinstry, log setter the Ryderwood died late yesterday sult injuries received when by swinging log.
4.
March 8, 1927
Evening Star
Washington, DC
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THREE BANKS SHUT DOORS IN FLORIDA Two State Institutions in Illinois Also Suspend Business. By the Associated Press. WEST PALM BEACH, Fla., March 8.-Two banks here and one in Palm Beach failed to open for business today. Police took charge of the crowds that gathered in front of the institutions and maintained order. Officials of the Citizens Bank an nounced that an armored car had left Miami for West Palm Beach. bearing a large sum of currency for the Citizens Bank and the Farmers Bank and Trust Co. Directors of the First American Bank & Trust Co. stated that the bank is solvent and would be opened after a reorganization. The directors stated that they have more than a legal reserve on hand. Bank Issues Statement. The First American was capitalized at $300,000 and a statement issued this morning showed: Loans and discounts, $3,416,503.52 cash in vault, $58,255.35; cash in other banks, $553,730.85; liabilities, bills pay able, $1,140,000; deposits, $2,982,787.67. The First American Bank's officers said it had to be closed because of gen. eral conditions following the failure of two Palm Beach banks last June. the hurricanes, the continued depres. sion in real estate. the upheaval in city affairs, the failure of the First Bank & Trust Co., a few weeks ago in Lake Worth, and continued large withdrawals by depositors in the past few weeks. More than $10,500,000 has been withdrawn from the bank from a peak of $13,500,000 deposits a few months ago, directors said. Run Seemed Imminent. The First Bank and Trust Co. of Palm Beach is capitalized at $50,000. and has $100,000 as surplus and un. divided profits. No reason was announced for the closing, but it is believed that the bank closed in order to forestall a run. The Northwood Bank, which serves the northern part of West Palm Beach, is believed to have closed for the same reason. Closing of the reorganized First Bank and Trust Co. of Lake Worth a few weeks ago had apparently inspired depositors here to withdraw their accounts in large sums. Illinois Banks Closed. MENDOTA, Ill., March 8 (AP).-The Arlington State Bank. only bank at Arlington, near here, was closed today by the directors, who are awaiting examination of the books by the State auditor. Frozen assets were assigned for the closing of the bank, which had farmers mainly as clients. SPRINGFIELD, Ill., March 8 (AP).The Marbold State Bank at Greenview was closed today after a run started yesterday, when it was rumored that the bank had heavy holdings in the North Side Bank of Springfield, which closed last week. Bank examiners were in charge today.
5.
March 8, 1927
The Times-News
Twin Falls, ID
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THREE FLORIDA BANKS CLOSE
WEST PALM BEACH. Fla., March 8-Three leading banks of the Palm Beaches closed their doors this morning and started one of the most frenzied runs in the history of Florida finance.
Midday found streets jammed with depositors seeking to save their money by withdrawing from remaining banks of the city. Runs on the Farmers' Bank and the Citizens' Bank of West Palm Beach were such that an armored car was dispatched from Miami bearing each for panicky depositors. No sooner had the First American Bank and Trust company posted notice that business was suspended for the protection of depositors than two other institutions closed-the Northwood Bank and Trust company of West Palm Beach and the First Bank & Trust company of Palm Beach. Heavy withdrawals on all three banks during the past eight or ten months and upsettled condition of affairs in this part of the state, were given as reason for the closings.
6.
March 8, 1927
The Whittier News
Whittier, CA
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THREE BANKS OF FLORIDA FORCED TO CLOSE DOORS
PALM March leading banks of the Palm Beaches closed their doors this morning and started one of the most frenzied runs the of Florida finance found streets jammed with depositors seeking to save their money withdrawing remaining banks of the city Runs on the Farmers bank and the Citizens bank of West Palm Beach were such that an armored car dispatched from Miami bearing cash for panicky depositors. No sooner had the first American Bank and Trust company posted notice that business was suspended for the protection depositors than two other institutions Northwood Bank Trust of West Palm Beach and the First Bank and Trust company of Palm Beach Heavy withdrawals on all three banks during the past eight or ten months and of affairs this part of given as reason for the closings
CHICAGO WHEAT follows 140 September,
7.
March 8, 1927
The Knoxville News-Sentinel
Knoxville, TN
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THREE FLORIDA BANKS CLOSE THEIR DOORS
Streets of West Palm Beach Jammed With Depositors.
SEEK TO WITHDRAW FUNDS
One of Most Frenzied Runs In History of State.
WEST March leading banks of the Palm Beaches closed their doors this morning and started one of the most frenzied runs in the history of Florida finance Mid-day found jammed with depositors seeking save their money by withdrawing from remaining banks of the city runs on the Farmers' Bank the Citizens Bank of West Palm Beach were such that an was dispatched from Miami bearing cash for panicky No sooner had the First AmeriBank and Trust company posted notice that business was (Turn to Last Page, Please)
REPAIR PEST HOUSE ROAD The Pest House road is being ditched and dressed.
8.
March 8, 1927
News Journal
Wilmington, OH
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FLORIDA BANKS CLOSING; PLAN REORGANIZATION
WEST PALM BEACH, Mar. Central East Coast Florida banks were closed today. The First Bank Trust Company, of Palm Beach, and the Bank & Trust Company of West Palm Beach were closed when the First American Bank Trust Company failed to open. Runs began on two other West Palm Beach banks. Police took charge of the crowds that gathered in front of the institutions, and maintained order. Officials of the Citizens Bank announced an armored car had left Miami for West Palm Beach bearing large sum of money for the Citizens Bank and the Farmers Bank & Trust Company. Directors of the First American Bank Trust Company stated the bank is solvent and would be opened after reorganization. Directors stated they have more than legal reserve on hand. The First American was capitalized at $300,000. Officers of the First American Bank said it had been closed because of general conditions following the failure of three Palm Beach banks last June, the hurricanes, the continued depression real estate, the upheaval in the city affairs, the failure of the First Bank Trust Company few weeks ago in Lake Worth, and continued large withdrawals by depositors in the past few weeks. More than $10,500,000 has been withdrawn from the bank from peak of $13,500,000 deposits few
9.
March 8, 1927
The Montana Record-Herald
Helena, MT
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CURRENCY HUSTLED TO SAVE BANKS AT WEST PALM BEACH
PALM BEACH, Fla., March Citizens' Bank and the Farmers' Bank and Trust wurvived runs today and their usual o'clock closing hour custom, following the closing of three other banks.
WEST PALM BEACH, Fla., March armored car bearing $2,000.000 in currency arrived here today from Miami to prevent the ciosing of two West Palm Beach bank followIng the closing of three other banks today.
Heavy withdrawals deposits In banks continued in the early afternoon, but bank officials expressed belief that the closings had been The First Bank and Trust company of Palm Beach and the Bank and Trust company of West Palm Beach closed their doors when the first American Bank and Trust company failed to open this morning Police took charge of the crowds that gathered in front of the Institu tions, the Citizens' Bank and the Farmers' Bank end Trust company, which runs began. Directors of the First American Bank and Trust company stated that the bank is solvent and would be opened after ization. The directors stated that they have more than legal reserve on hand. The First American was capitalized at $300,000 and statement this morning showed: Loans and discounts cash in vault $58,255.35 in other banks $553,730.85 liabilities, bills pay. able deposits $2,982,787.67 The First American banks' officers said had to be closed because general conditions following the failure of three Palm Beach banks last June, the the continued pression in real the upheaval In the city the failure of First Bank and Trust company few weeks ago In Lake Worth, and tinued large withdrawals by depositors in the past More than has drawn from the bank from peak deposits few months ago, directors The First Bank and Trust company of Palm Beach capitalized at and has $100.000 as surplus and undivided No reason ed for the cloaing but believed that the bank closed in order to fore. stall run. The Northwood bank which serves the northern part of West Palm Beach is believed to have closed for the same
10.
March 9, 1927
The Springfield Daily Republican
Springfield, MA
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THREE FLORIDA BANKS CLOSE THEIR DOORS
West Palm Beach, Fla., March 8Three leading banks of the Palm Beach district closed their doors today and one the most frenruns in the history of Florida finance. Midday found» streets jammed with depositors seeking to save their money by withdrawing it from remaining banks of the Runs on the Farmers bank and the Citizens bank of West Palm Beach were such that an armored car was
11.
March 10, 1927
The Owensboro Messenger
Owensboro, KY
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Run On Bank Ends When Band Plays March Music West Palm Beach, Fla., Mar. steady on the Farmers Bank and Trust which began with the closing of three banks in West Palm Beach Palm Beach, ended here today when organized parade marched down street band began march for to keep step to they went into the bank to withdraw their funds. The Citizens bank suffered prolonged run yesterday, opened as usual today, but did not witness run. Officials of the bank said they did the usual day's business.
12.
March 10, 1927
Bristol Herald Courier
Bristol, TN
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Business Men Bear Banners Reading, 'Men or
THREE BANKS CLOSE OTHERS SURVIVING
Night Club Employees Are Filled with Woe as Savings Are Tied Up in Closed Banks
WEST PALM BEACH, Fla., Mar. steady run Farmers Bank and Trust Company, which began yesterday with closing three banks Palm Beach Palm Beach, endhere today when organized parade marched the band began playing march for depositors to keep step to they went into bank to withdraw their funds. The parade, led by the municithrough the principal streets the city ended front the Farmers Bank and Trust Company. Banners claring have in and "men were carried by men. The Citizens Bank, which suffered prolonged yesterday opened usual today but did not witness run. Officials the bank said they did normal day's busi-
The runs the two banks yesterday when three banks falled to open their doors for businoon mored carrying $2,000,000 currency despatched from and arrived time keep the banks closing heavy Wealthy the Palm Beach winter colony said large posits the two withstand the large withdrawals. Today's parade, organized by leadcitizens, traffic the street front the Farmers Bank and Trust Company, and inscribed sheepprominently displayed front long line waiting withdraw its officials tonight said they the crisis had passed that banks would have trouble withstanding any size. Hits WEST BEACH, Mar. the world looks Florida's latest bank closings and wonders what will happen next, several hundred night employes other ter tourists amusers sigh and think things couldn't much They are the people came this "gold mine the 20th century" last prepared enterthe think more handing thousand dollar bill than average man does tossing over nickel for cola. Lightly they tripped from the railway arrived here, full when those gain this spring lightly they tripped fantastic many many night during the tinkle gold pieces ringing their These entertainers sang and play smiled, and perhaps the smile always but they worked their and they got them thousand dollars thousand dollars, they put their money the local banks and watched saving grow the days lengthened summer neared time go home. But dance tonight they wonder whether take back home, they'll have stick out the nights in the coach station The banks which they put their money have closed, and have intimation when they re-open for the little books which many them hold about all they have.
13.
March 10, 1927
The Knoxville Journal
Knoxville, TN
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SNAPPY MARCH SENDS DEPOSITORS
Florida "Run" Ends Signs Up Sheep."
WEST PALM BEACH, Fla., March 9 (P).-A steady run on the Farmers Bank and Trust company, which began yesterday with the closing of three banks in West Palm Beach and Palm Beach ended here today when an organized parade marched down the street and band began playing march for depositors to keep step to as they went into the bank to withdraw their funds. The parade, led by the municipal band, marched through the principal streets of the city and ended in front of the Farmers Bank and Trust Banners declaring "we haw faith in our banks' and "men or sheep- which?" were carried by business men. The Citizens Bank, which suffered a prolonged run yesterday opened as usual today but did not witness a run. Officials of the bank said they did a usual day's business. Today's parade, organized by leading citizens, blocked traffic in the street in front of the Farmers Bank and Trust company, and the banners inscribed "men or sheep which?" were prominently displayed in front of the long line waiting to withdraw its deposits Banking officials tonight said they felt the crisis had passed and that both banks would have no trouble run of any size if it were to start.
14.
March 10, 1927
The Charlotte Observer
Charlotte, NC
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BANDS PLAY AS BANK RUN ENDS
Floridians Flaunt Banners and Parade Before Rescued Institutions.
WEST PALM BEACH, Fla., March 9.-(AP)-A steady run on the Farmers Bank & Trust company, which began yesterday with the closing of three banks in West Palm Beach and Palm Beach, ended here today when an organized parade marched down the street and a band began playing a march for depositors to keep step to they went into the bank to withdraw their funds. The parade, led by the municipal band, marched through the principal streets of the city and ended in front of the Farmers Bank & Trust company. Banners declaring "we have faith in our banks" and "men or sheep-which were carried by business men. BUSINESS NORMAL. The Citizens bank, which suffered a prolonged run yesterday opened as usual today but did not witness run. Officials of the bank said they did a normal day's business. The runs on the two banks began yesterday when three banks failed to open their doors for business About noon yesterday an armored car carrying currency was dispatched from Miami and ar rived in time to keep the two remaining banks from closing because of the heavy run Wealthy members of the Palm Beach winter colony said to have made large deposits to help the two institutions withstand the large withdrawals. Today's parade. organized by leading citizens, blocked traffic in the street in front of the Farmers Bank and Trust company. and the banners prominently displayed in front of the long line waiting to withdraw its deposits Banking officials tonight said they felt the crisis had passed and that both banks would have no trouble withstanding a run of any size.
15.
March 15, 1927
The Springfield Daily Republican
Springfield, MA
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THINK CONFIDENCE RESTORED IN BANKS PALM BEACHES
Run on Latest Institution Hit Eases and State Controller Ask Citizens Co-operate
West Palm Beach, Fla., March quieter tone prevailed in the Palm Beaches tonight following period of excitement when determined run Citizens' bank, prompted by closing of three banks in Palm Beach abated early this afternoon, leaving only short lines of depositors at the windows. Two of the three banks remaining open here did not expect runs. They the regular closing hours. The Citizens' bank, however, anthat plenty of funds had been pay open until to meet all requests for payment. banks which did not open today included the Bank Trust of the largest banking institutions here. The bank temporarily, nounced, the interest of the Plans for reopening within 30 or days announced. Officials Ask Co-operation.
The First National bank of Lake bank Delray other banks which did open today official ment issued regarding their closing. banking officials here and Tallahassee issued quieting statements calling upon patrons their institutions "proper co-opassuring depositors that the have meet every demand. Officials the Citizens' their not to close Inactivity the real estate marand the fact that much the bank's receivables were based upon real security were given by Ernest Amos, for the closings. which than the banks could liquidate their receivables, sulted breaking of serves, for the suspend, he said, adding, follow. bank is closed, that it
23 of 51 Closed Reopened.
As evidence of the latter statement, Mr to 23 the past the banks attitude of the public, Amos reason for the recent suspensions, the has cashing travelers' checks the winter instead of helping them, he Officials of the Central Farmers' bank the Bank West Palm Beach, the other institutions here, decondition of their banks to today brought the tobanks the Three these closed last The First bank Lake Worth the first important nationbank the state close.
16.
March 15, 1927
The Grand Rapids Press
Grand Rapids, MI
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THREE PALM BEACH BANKS CLOSE, BUT PATRONS ARE CALM
Run on One Institution Subsides After Half Day of "Rushing."
ALL PLACES TO REOPEN
Inactivity of Real Estate Operations Blamed; Money Houses Not Insolvent.
West Palm Beach, March 16. quieter tone pervailed the Palm Beaches Monday period of when determined run Citizens bank, prompted by the closing of three banks in Palm Beach county abated early in only short lines of depositors windows Two three banks remaining open did experience closing The bank plenty funds been pay positors, until to meet all requests for payment return to normality aided largely Miami of sacks of currency for bank The which did open Monday included Farmers Bank Trust of the largest banking institutions here. bank closed temporarily, announced. the interest Plans the bank within 30 or 60 days Officials Issue Statements.
First bank of Lake Worth and Delray were other banks which did Monday No statement was regarding their Officials of the Citizens bank expressed their determination close will be even stronger now when direcbank the real estate mar ket and the fact much the based upon estate security was given by the the which faster the banks could liquidate resulted in the down making necessary for the institutions suspend, he that does not that because bank close Another reason. for the recent suspensions, the comptroller lieved, been cashing checks for into the state this winter This costs the banks instead of helping them, he declared. Officials the Central Farmers bank and the National Bank West Palm Beach, the other institutions which the condibe good. They anticipated no financial culties.
17.
March 15, 1927
Clarion-Ledger
Jackson, MS
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PALM BEACH BANKS READY PAY
Three County Institutions Close, Causing Run On
Big City Concern
TRUCK LOAD OF MONEY
IS SENT FROM MIAMI
Officials Declare Depositors Are Well Protected By All Big Banks
WEST PALM BEACH, Fla., Mar. quieter tone prevailed in the Palm tonight following period today when run on the Citiprompted by the closing of three Palm Beach county banks, abated early the afternoon, leaving only short lines of depositors at the windows. Two the three banks remaining open here did not runs. They the rgular closing hours. bank, however, announcing that plenty of funds had been obtained pay every remained open until o'clock to meet requests for payments., normality aided largely by the arrival an truck from Miami, twelve sacks for the beleagured Citizens bank. The banks which did not open for business today included the er's Bank and Trust company, largest banking institutions here, which was closed temporarily, announced in the interest of depositors. Another reason for the recent pensions, time comptroller believed, been cashing travelers checks for tourists coming into the state this winter. This costs banks something instead of helping them, declared. Officials of Central Farmers the National Palm Beach, which open, declared today the condition their banks good. They anticipated no financial difficulties.
18.
March 15, 1927
Tallahassee Democrat
Tallahassee, FL
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the closing on Tuesday of two local banks precipitated the action.
Simultaneously the First National Bank of Lake Worth and the Ocean City Bank at Delray did not open. The closing of the bank at Lake Worth left that city without a bank. A long line braved a pelting, intermittent rain in a run on the Citizens Bank of West Palm Beach. The line stretched solid almost a block and a half. Reports are being circulated that an armored truck is bringing funds.
19.
March 15, 1927
The Tampa Tribune
Tampa, FL
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LOANS ON REALTY BLAMED BY AMOS
Comptroller's Reassuring Statement Calls for Co-operation
WASHINGTON, March sociated offi. cials tional situation ida, but characterized the condition the national banks there as "generally The closed National Bank, Lake Worth, first institution the state to pend Lee H. Northcott national bank for Florida, charge of bank situation in the state.
WEST PALM BEACH, March (Associated Palm Beach county closed Citizens here o'clock requests for drawals. banks in the city did not experience The return normal aided largely by noon from Miami bearing sacks of currency for the Citizens Bank. banks which did not open for The today included the Farmers Bank and Trust the largest institutions here, which announced, interest the positors whom the bank's cent result closing. Plans for the within 30 60 days The First Bank of Lake Worth and the Bank, of banks did today statewas issued regarding closing.
Co-Operation Urged here and calling the patrons banks "proper and assuring depositors that the remained will be able to meet every Officials the Citizens Bank pressed to close "The bank will be even stronger than we open again,' officers and directors the Bank Trust an meeting was decided the of estate market that much of the receivables are based on that kind of security State the cause for closings. great withdrawals which are faster than the banks liquidate receivables resulted in the breaking institutions pend, said the comptroller, adding that follow because bank closed that it is evidence of the latter statement, the the opening suspended banks in Florida the last that the of most of the banks has been gravated by the agitation looking any greater financial depression, the will (Continued on Page 10)
20.
March 15, 1927
The Rutland Daily Herald
Rutland, VT
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Others, Following "Runs," Announce That They Are Solvent.
West Palm Beach, March quieter tone prevailed in the Beaches tonight of excitement when determined on the Citizens bank, prompted closing three banks in Palm Beach county, abated early this afternoon, only short lines the windows. Two the three banks remaining open here did not expect runs they regular closing hours. The Citizens bank, that plenty funds been pay every open until o'clock to meet all requests for Banks Which Failed to Open.
The banks which did not open today included Farmers bank Trust company, the largest banking institutions here. The bank closed temporarily, was nounced, the interest of the depositors, plans for reopening the bank within days The First National bank of Lakeworth and the Ocean City bank Delray the other banks which did not open today. No official statement issued regarding their closing. banking officials here and at Tallahassee issued quieting statements calling upon patrons their institutions "proper depositors that the banks which have remained open will be able to meet every demand. Officials of the Citizens' bank pressed their not close hereafter. the real estate market the fact much the based upon security given by Amos, state comptroller, the cause for the recent closings.
Washington, March 14 officials not over the national banking but the of the national banks there as "generally good.' The closed First National bank Lake Worth, was the first important bank institution in the state to suspend operations.
21.
March 15, 1927
The News-Journal
Lancaster, PA
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CLOSE
Depositors Regain On Seeing Sacks Of Currency RUN ON FOURTH HALTED
West Palm Beach, March prevailed in the Palm Beaches following period of the prompted the closing of three banks Palm Beach county, abated early leaving only short lines of depositors the windows Two of the three banks remaining here did not expect They regular closing hours. The ing funds had been obpay ed to meet all quests for The normality aided largely the arrival sacks of currency for the Citizens' Bank. One Expects to Reopen The banks which not open today included the Bank Trust Company, the largest banking institutions The bank was closed temporarily announced, in the interest depositors. Plans for the within thirty sixty days were The First Bank Lake Worth and the City Bank Delray were did not today official issued regarding their clos-
Meanwhile, banking officials here and Tallahassee issued quieting statements calling upon patrons to their institutions "proper co-operation" assuring depositors that which have remained open will banks be able Determined to Stay Open Officials Citizens' Bank determination not pressed close now hereafter." Inactivity of the real estate much of the based estate security given by comptroller, as the est Amos, recent closings. withdrawals which were banks could liquidate faster than have resulted in the receiveables making breaking down for the institutions necessary adding pend," because not necessarily that insolvent.' closed of the latter statement, As evidence Amos the reopening Mr. in Florida within the past year. banks
22.
March 15, 1927
Omaha World-Herald
Omaha, NE
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BANK IN PALM BEACH WITHSTANDS LONG RUN
One Institution is Closed "Temporarily," Its Officials Announce.
West Palm Beach, Fla., March 14 (P).-A quieter tone prevailed in the Palm Beaches tonight follow ing period of excitement when a determined run on the Citizens bank, prompted by the closi ig of three banks in Palm Beach county, abated early this afternoon leaving only short line of depositors at the Two of the three banks remain ing open here did not experience runs. They observed the regular closing hours. The Citizens' bank. however, remained open until 6 o'clock to meet all requests for payments. The return to normality was aided largely by the arrival from Miami of 12 sacks of currency for the Citizens' bank The banks which did not open today included the Farmers' Bank and Trust company. The bank was closed temporarily, was announced, in the interest of the depositors.
23.
March 16, 1927
The Miami News
Miami, FL
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One White-Haired Preacher, Trying to Stop Panic, Finally Joins Crowd
WEST PALM
March long line ton of negroes staged a steady run on the United States postoffice here for heavy withdrawals from the postal savings department today. following reports circulated was widely through the colored sections throughout the night that gov ernment was going broke. More than 100 negroes awaited the opening the government building at o'clock. the number increased rapidly for several hours with mild been prevailing. half dozen negro with workers, walked backward and the depositors keep funds intact. put their adin vain. The closing of the Farmers & Trust Co. here Monthe the Citizens bank of West Palm Beach same day. made heavy from other banks the peak of the recent placing their funds the rumor that the local postoffice in dire financial starits brought run, which continued until shortly before noon. About o'clock the crowd dwindled quickly. Amusing scenes enacted height the run. haired after imploring member his congregation keep his funds with the government. finally that "Uncle Sam was losing all his The to money. aged minister abruptly ended his futile plead ings and took his place in line to withdraw his own savings. Police took immediate steps to curb any possible banditry in the negro section, additional officers were posted to maintain order ed
24.
March 16, 1927
The Barre Daily Times
Barre, VT
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NEGROES IN RUN ON
Excited Colored People at West Palm Beach Heard "Government Was Going Broke."
West Palm Beach, March 16, long line negroes staged steady run the United States for heavy the postal savings department following reports circulated widely through negro sections through the night More 100 negroes awaited the opening of the building seven and the rapidly for hours with mild balf negro welfare the keep funds intact, but in run followed the closing Monday the the Bank and Trust comthe Citizens' bank West Beach the Negroes have the peak financial crisis, placing their funds in the postal savings.
25.
March 19, 1927
Weekly Town Talk
Alexandria, LA
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Negroes Hear Report "Government Is Going Broke" Withdraw Postal Savings
WEST PALM Fla., March long line negroes staged steady run on the United States for heavy withdrawals from the postal savings department today following reports circulated widely through the negro sections through night government going broke." More than 100 negroes the opening the government building and ed rapidly for several hours with prevailing. half welfare walked backward forward exhorting deposikeep their funds intact, but vain. The run closely after the closing the and Trust Monday, tothe Citizens Bank of West Palm
Beach same day. Negroes were reported withdrawals banks here the recent financial placing in the postal savings. rumor that the postoffice was in financial straits brought the which tinued shortly before noon. about o'clock the crowd dwinquickly. At the height of the run white. haired after member congregation to keep his funds with the was sufficiently by the latter that "Uncle losing all money. minister abruptended his pleadings and took his place line his own Police immediate steps curb any banditry the negro and officers were posted to maintain order.
Simpson are planning to keep for Louisiana records the United States Office following the the the federal offices Rouge, Gutherie, Okla., and feared records will the federal land office here is abandoned. and State land to such misfortune. Mr. Grace is leaving immediately for Lake conferonce Ransdell gard that taken records United States land office ent charge Rodrigue Reiley Baton Rouge. space for keeping the records in safety found and Mr. Grace the ground floor the State house. The tion the Capitol, the older portions the structure thick concrete celling and floor has been selected to house the reThese are regarded as Invaluable because the source of information they clarifies titles lands all parts of Louisiana. The ilar records Mississippi Washington has resulted much inconvenience for State. When the office the Federal was abolished ago, the records were retained State land office through efforts of Mr. Grace and Sanders, then governor.
Milan Antonia, La., announce the March 1927. Her name is Gladys Elizabeth.
MILLER Mr. and Mrs. Talmadge Miller 318 Main street, Pineville, announce the Friday, March 11, His name will Arthur Barringer.
Mrs. H. the birth of weighing pounds Baptist Hospital March 1927 will be John Robert and Mrs. B. nounce on Tuesday, 1927. Her will be Billy Rae. nounce the name will be Victor Roche Raxsdale.
Mrs. Joe Vinthe arrival son Thursday. will Glenn Garland. be membered as Miss Janie Coolye, of Pineville.