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in THE Money Women Clamering the for Other their City In= Men and Backed by Panic. of The Bank Reasons for the President Intitutions-? John McGregor, N. J. reWhen Mr. Savings Bank of half Newark. past two vesterthe turned Dime from New York men at and women lined institu- the soon day a throng of Broad of earnestly street, near in that low tones filled sidewalks tion, with and gesticulations. talked aisles solidly They from books, front deand the bank and, building passing in their bank their deposits. to rear. in peremptory but could push increased. the the wall, they ora The manded cashier dealt out and the clerks their money were way as to fast the as etrongest the windows. credit- reMcGregor the Newark lentlessly The Jam steadily crowding the was weakest obliged to to police. call tried and in The a President Mr. detachment again and to explaint of other bank the demonstration. mob officers that there that again was no and reason the bank for the was turbulent but capable the people of would more entisfy would and meeting that no its reasoning.' demands and So nothing the throng the bank steadily bad them but 11 the afternoon. to its utmost sidewalk for listen grew once been to their filled thronged money. and the after capacity. depositors a wrang- more were But ling multitude Mock. Most of trifting the amounts. their entire than workingment a deposits and had comprised policitous for its officers safetv means, their that the little and their promptness they demands were with 80 had whichth no effect bank ID cleaed quieting at 4 met their all alarm. doors of the bank the apprehension are usually they Then were but the o'clock. The but vesterday to quell until 6 into o'clock. the street. until near kept outlying open crowd clerks was stood pressed money at their to desks the $40,000 ranks after that and the midnight. tired encircled paying the amounts. out offices. was Between deposits distributed exceeded any still 2 $50,000. o'clock. in small But $4.000 few was of the Headley the utmost the paid heaviest in to the $1,000, and Arthur O. over 40,000 evening, depositor. man. Mr. who in the the in the debank, spoke forth to his bank utmost and alone. advising His the words run soundness setting of the their money the news of city all the positors effect. to let As BOOD was known as in the financial the had no Dime Bink Polunteered wo of or most the Influential to ANY amount banks the required. valises in which on the the banks sent was bank. as the said officers to the throng of the 60 chairs McGregor by assistance money in the $50,000. contained but 11V unopened vantage found law no that lack en of funds. bank would allowance Mr. not to take which pay it all is bank the claims will be as as they this last opened fast at9 anticipated. titled. the days time but it would-at are present Corning once The at which night. time stanchanother Mr. run .D. Orton. Bank is one try to talk They to The Dinne but 11 is the it. Said is Savings useless Treasurer situation. of until We in the State. and to explain they shall it have takes est the crowd money. and through them if that to their do is eternity. shall We and the come. though All we want fears their are see groundless. the as can't thing fast convince they by US. and only us thing more the meet banks finan- do a to pay the them city will aid. stand they promneeded be to the pres- and in need their than would serious than years old. ciel cificulty not support ten times bank is more over brighter twelve to or more the Sec- auent prospectibe one. The were never to 24.803 be spicious. its State showdistributed is in State retary over 1,500,000. of the funds which last and we mortin. Invested $100,000. the on among Over funds. real estate. $1.000.- and The persons. municipal bank surplus bonds deposits abauto is in are available among the and wealth there 000 The directors of the and officers men in of the financial a city. run day $300,000 rotten- we test has never against and been them. a ready if there cash is The over whole failure difto shall ness meet have was Reynolds the caused in emergencythe & Co., is by about a plivate little $300,000. recent banking or nothing. and vings firm. on of A.M. ndebtedness will to of pay the Dime originated S which whose Mr. Bank. panic Reynold and they that from bank that resulted not fact him. in probably He the cent. has run. years. and been Mr it and doing is Rey not has the hold- owes in any the for several but the led single the fact deaffected business had no financial on in failure bank would be in 101- the that lowed positors he by to WA that merchantime believe of the pime in Newark Bank.! Bank.' and believe Mr. are John willing in Nor the to dent woundness All the of almost the any amount. who McGregor has for $9,000 is Prestback the it for oldest that depositor. as 100K tear. as Mr. ton. bank. he said will have no
