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MANY FAILURES AND RUNS ON THE BANKS the Follow Big Collapse at Chicago SAVINGS BANKS WERE PREPARED And the Money Public Rallies in Support BUSINESS HOUSES BROKEN the Which Had Borrowed Money From Illinois National And Many Concerns Receives do late the Hands of the Under Two Minnesota Which Banks Was Fail Added to Pressure the Recent Hard Times of & Gildele, Associated Press Special 22.-The Wire failure CHICAGO. Dec. general Malting contractors: and Weisse the Angus American company Brewing the George company, A. and Malting Elevator and Elevatorividually, of all the of National George A. Weisse, due to the collapse and small runs banks were these being Bank of Illinois the echoes today Runs vesterday. on the three bank failure Garden of City Banking Savwere of made company, on the the Illinois Hibernian Trust and bank, and ings Trust bank and but the none of the runs were City of Savings much importance the BankGarden expected The officers Trust of company had upon their in- it. ing and run would be made ready to meet stitution and the doors they that They a threw open were than usual, run and of out the of bank said the hour earlier get the their usual they an wanted could to transaction Quite at way, so they without being had gathere opened, and business of depositors they were for bustellers the a crowd doors before the bank was gave ready the The paying run with energy as iness soon the all as depos they enositors cared for to over do an hour and the kept up died away of banking ounced hours that then At the of theins close the amount of out, money and during officers in the was day treble declared that in paid better doors in shape the ing morning was bank the taken bank the was opening on of the the duration. Hibernia as to make than at The run of short any pay sixgiven Savings eclined unless was not because the officers on time deposit They said this to pay in ment ty days they notice were full, not but because passment they to be all depositorsvoid to who embright not in smaller wished depositor to pay all be their stronger ced in an banks emwere paying the run on prepared harrassing full and who position all might demands The s for time Illinois deafter posits. There Savings was a slight bank shortly the ational similar similarity Bank of was opened Trust this and morn that orning led of some the depositors embar- to rassed. Mitchell of its Min that Illinois name having the former run in 1891 President Trust all was believe During the of the depo Illinois criti- who cised as soon John order M their to pay money for and doing so. evident This to to given gave called by for other bankers as it became be the in morning. that there instruct was likely tions customers were sixty- who tellers the bank. to serve but to the pay wanted all $100 There- their day notice, show that legitimate they purpose. or more of paying peomoney sult was that had lined up could for the score at the the ple who close FOOD of letely banking diedon out. The by te ellers After the had comp was sanct Anctioned and the voltement the notice committee being the to giving clearing of mohouse (the Illinois Trust in the city). object the was avings ones bank the opporte excuse for strongest the small smaller action as yes, an which run. they Trust give point to its themsel stopped a bank to giving the thus notice effection savings cash on hand did. The and Illinois 10 have $9,000,000 joaning in money in to instead meet is said was to today calling vings loans depositors. and and as in 1893 of the Mal Talting Weisse of the demands Brew the wing. company George and elevator The companyator even this assign- evenMaiting A. and Weisse court. The hich are George the county com business court and ing of the connected two brought brought in assigned intoco of ElBrewing intimateweise that of at clock. were The Maltine and together is the Chicago A meteried Welsea evator the company The company George company. Trust o compare and Mevalor Title and the Trust filed signee as of ure to Maltinesecurity the compantation is was The fall- rethe and that also. No liabilities was the Bank two Weisse assets and corporate National borcompan and to the of the two failure of the were were in amount suit of Illinois. of from the the it bank failed to as the the failure rations rowers debted $500,000. when nnounced A8 soon prepar up The cor- of cor- the of of over the bank was for the companies. through who is were begun of the two both A. Maltbusiness Dorations were of George George A. Weisse and soning and President the of the company of the Nator president Elevator Electdent Schneider The American merican comof of Illinois. Elengive Elevate malttional in-law Bank Maltins and of extense extensive which and pany Brewing is the North Ashland company competitive of houses on to the in the trewing. breware used leave by merican it hasa large thetwo are Elevator The Ameany and the one and djoining the in the business other day apare ery closely and selling Arlier to the in general the on con- the buying Judge Horton receive Angus for ngus, & Gindele one of of the the concern pointed firm of John Angus The assets and the tracting of firm $300,000 was liabilities at application members were the $250,000. placed at An answer
