Savings Bank (Rockville, CT)

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GERMANS START A RUN On the Strong Savings Bank of Rockville. THE CITY WILDLY EXCITED. The Officers Pay All Without Hesitation, and Say There is Not the Least Foundation for Any Scare-The Origin of the Rumor a Mystery. BY LEASED WIRE TO THE NEWS. ROCKVILLE, Conn., March 16.-The greatest excitement was caused in this city to-day by a run on the Rockville Savings Bank, which is believed to be one of the strongest in the State. Last night rumors were circulated among the German residents of the city, many of whom are depositors of the bank, to the effect that the bank was insolvent. The origin of the rumor is a mystery, and the officials of the bank assure all that it has no foundation in fact. When the doors of the bank were opened this morning at 10 o'clock, a number of depositors were gathered outside, and since that hour there has been a steady run. The bank officers are paying all without hesitation. The annual report of the bank. which was issued Oct. 1, 1891, showed that the banks had deposits amounting to $1,132, 789 : surplus, $35,000. There were then 3,703 depositors. It was stated to-day that the rumor concerning the solvency of the bank was started by a number of Germans who called at the bank yesterday afternoon and tried to effect a loan. The officers of the bank were not satisfied withthe security and declined to advance the monéy. The refusal was accepted by the Germans as an indication that the bank was not in a sound condition and the report spread with great rapidity. Soon after the opening this morning President Bill was informed of the run and went to the bank. He remained there all day, with several of the directors, and Cashier Bissell. All who demanded their money were paid and at noon several hundred depositors had withdrawn their money. At that hour the officers of the bank estimated that about $35,000 had been paid out. Usually the institution is closed at noon, but to-day it remained open until late in the afternoon. Conservative business men here express the belief that there are no grounds for the fears of the depositors.

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Run on a Rockville Bank

ROCKVILLE, March 16.-The greatest excitement was caused in this town to-day by a run on the Rockville Savings bank, which is believed to be one of the strongest institutions in the state. Last night rumors were circulated among the German residents of the city, many of whom are depositors of the bank, to the effect that the bank was insolvent. The origin of the rumor is a mystery and has no foundation. Before the doors of the bank were opened this morning at 10 o'clock, a number of depositors gathered outside. Since the opening of the bank there has been a steady run. The bank officers are paying all without hesitation. The annual report of the bank, which was issued October 1, 1891, showed that the bank had deposits amounting to $1,132,789, surplus $35,000. There were then 3,703 depositors.

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Business Troubles

NEW YORK, March 16.-Judgments aggregating $20,485 against the Monterey & Mexican Gulf Railway Company of Mexico, in favor of John Milts & Co., on protested drafts. were filed in this city today. GALVESTON, Tex., March 16.-In the United States court, in the case of the Farmers' Loan and Trust Company VS. the Houston & Texas Central Railway Company, to foreclose the mortgage on the Waco & Northwestern division, a final decree was entered foreclosing the mortgage, and the sale of the property was ordered. ROCKVILLE, Conn., March 16.-Rumors that the Rockville savings bank was insolvent caused a run on the institution all day. It is thought the bank is perfectly solvent.

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Run on a Bank

ROCKVILLE, Conn., March 17. - A rumor became current among the German citizens of this city in regard to the solvency of the Savings bank of Rockville, and a run has been in progress since it opened. The officers were buzy all day paying all depositors who called for their deposits. A large amount was paid out in sums from $5 to $1,000. The bank is considered one of the strongest in the state.

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Run on a Bank

ROCKVILLE, Conn., March 17. - A rumor became current among the German citizens of this city in regard to the selvency of the Savings bank of Rockville, and a run has been in progress since it opened. The officers were busy all day paying all depositors who called for their deposits. A large amount was paid out in sums from $5 to $1,000. The bank is considered one of the strongest in the state.

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The application made to the New York supreme court for bail for Burton C. Webster, the slayer of Charles F. Goodwin, has been denied. The literary convention between Germany and the United States has passed its third reading in the reichstag. The feeling is gathering ground in Canada that the government is thinking seriously of a preferential tariff in favor of Great Britain. The pope has written to Mr. Thomas B. Bryan, special commissioner to Italy for the world's fair, a letter commending the undertaking in the highest terms. The Rockville (Conn.) Savings Bank successfully sustained a run yesterday.

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ing out he found `several teams needing assistance and about fifty people merrily greeting him. Mr. Greene accepted the surprise gracefully, and the evening passed pleasantly to all. -Mr. and Mrs. Herbert Walker celebrated their 10th wedding anniversary Saturday afternoon and evening, March 12th. Nearly one hundred friends participated, leaving with their good wishes various reminders of the happy event. Conspicuous among them was, a case containing one dozen silver teaspoons, Mr. Walker's gift to. his bride, and a handsome Rochester burner from the ladies of the club. ROCKVILLE. -The prohibitionists of Tolland county will hold an all day conference in Brooklyn opera house, Rockville, March 25th, commencing 10 a. m. and 2 p. m. In the evening at 8 p. m. Van Bennett of Kansas will deliver an address. -Hartford Times, 16th : A rumor was circulated among the Germans last night regarding the financial condition of "the Savings Bank of Rockville," of which Lebbeus Bissell is treasurer. How the rumor started is unknown, but when the bank opened its doors at 10 a. m. to-day, there was a rush of depositors to draw their money. The run continued all the forenoon. The bank officers were kept busy paying all depositors who called for their deposits. The amounts paid out varied from $5 to $1,500. As the interest on these sums is lost from. October 1, 1891, the bank will make a large sum by the run and the poor people in town will lose it. The bank has a surplus account of $35,000 and is considered one of the strongest in the state. It was incorporated in 1858. Its present officers are: President, State Attorney B. H. Bill; treasurer, L. Bissell; directors or trustees, B. H. Bill, George Talcott, William Butler, E. I. SmithH. L. James, Dr. A. R. Goodrich, J. Goodnow, Dr. F. L. Dickinson, J. C. Hammond, Jr. The originators of the scare have resting upon them the grave responsibility of entailing much loss upon the poor victims of their work.

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RUN ON A BANK Resulted In a Loss of $500 Interest to the Depositors. ROCKVILLE, Conn., March 16-The run on the savings bank today continued until ate this afternoon and it is thought 18 practically over tonight The bank paid 125 depositors $25 000. The bank had. with the aid of the local national banks, $200,000 at its disposal. The bat k cleare $500 ID interest lost ty the depositors. A number of persons returned their money to the bai k this evenir g.

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The Bank Is Solid

ROCKVILLE. March 17.-The run on the Rockville savings bank was practically over at 3 o'clock yesterday afternoon, although a number of depositors called for money in the evening. This morning the officers of the bank stated that they paid out between $25,000 and $30,000, and had $200,000 more at their command, which they could have used should it have become necessary. Depositors on presenting their books yesterday received the amount represented therein. with interest to October 1, 1891. The largest sum drawn by any one person was $1,900, although there were a number of deposits of $1,000, and $1,500 with. drawn. Late in the afternoon a numbrr of depositors returned their money to the bank.

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A Bank Run Safely Weathered

ROCKVILLE, CONN., March 16.-A rumor became current among the German citizens of the city last night in regard to the solvency ofthe savings bank of Rockville, and a run has been in progress since it opened today. The run continued until late this afternoon, but it is thought to be practically over to-night. The bank paid 125 depositors a total of $25,000. A number of persons returned their money to the bank this evening.