9d47bdc1Accommodated withdrawals, Borrowed from banks or large institutions, Public signal of financial health
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Deny Any Trouble WICHITA, Kas., Nov. 8.-Rumors, which have circulated about Wichita for the past week, to the effect that the Fourth National Bank of Wichita, the second largest national bank in Kansas, was in a failing condition, caused hundreds of customers to withdraw their deposits from the institution today. Bank officials declared the rumors were false and "utterly unfounded." Officials said the bank had plenty of money on hand.
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RUMOR STARTS RUN WICHITA BANK ON Depositors Withdraw Money Despite Assurance Of Sound Condition KANSAS CITY, Nov. S.-The Kansas City federal reserve bank is informed "by those in a position to know" that the Fourth National bank of Wichita is in a sound condition, W.' J. Bailey, governor of the Kansas City bank, declared late today when questioned regarding reports of a run on the Wichita bank. Governor Bailey said the federal reserve bank would "go the limit" to stop the reported run.
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Run Started on Bank in Wichita WICHITA, Kan., Nov. 9.-Climaxing failure of approximately 100 banks in Kansas within the last two years, a run was started on the Fourth National bank here, depositors jamming the building and lining up for a block, intending to draw out their money. More than $2,000,000 in currency was rushed here today from the Kansas City federal reserve bank and checked the panicky depositors.
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GET FUNDS GALORE TO HALT BANK RUN Officials of Second Largest Institution in Kansas Given Fine Support. By the Associated Press. WICHITA, Kan., November 9.-Officers of the Fourth National Bank of Wichita, the second largest in Kansas, were prepared this morning to turn loose a flood of money should there be a continuation of the run which started yesterday after circulation of rumors that the institution's financial condiion was unsound. The Kansas City Federal Reserve Bank, members of the local clearing house association, Wichita business men and numerous outside banks rushed to the assistance of the Fourth National when the run was at its height, and it was announced last night by Jerome Herrington, vice president, that $2,500,000 in cash would be on hand with the opening of business this morning. One version of the rumors leading up to the run was that an employe of the bank who had been discharged circulated statements that the institution's standing had been impaired. Throughout yesterday long lines of depositors, fearing their savings would be lost, streamed into the bank. During the excitement of the afternoon, when depositors were swarming about the doors, Mr. Herrington climbed upon a chair and read a telegram from the Federal Reserve Bank of Kansas City pledging "unlimited" support. to the bank. No sooner had Mr. Herrington finished reading the message than shouts and cheering rose from the crowd. Hats were thrown into the air and many of the depositors broke away and left the bank, while the more skeptical lingered about. There was no disorder.
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READY FOR "RUN' Wichita, Kansas, Bank Has $2,500.000 in Cash in Case Depositors Demand Their Savings Today. Wichita, Kas., Nov. 2.-Officials of the Fourth National Bank of Wichita, the second largest in Kansas, were prepared this morning to turn loose a flood of money should there be a continuation of the run which started yesterday after circulation of rumors that the institution's financial condition was unsound. The Kansas City Federal Reserve bank. members of the local Clearing House association, Wichita business men and numerous outside banks rushed to the assistance of the Fourth National when the run was at its height and it was announced last night by Jerome Herrington, vicepresident that $2,500,000 in cash would be on hand with the opening of business this morning. One version of the rumors leading up to the run was that an employe of the bank who had been discharged circulated statements that the instiution's standing has been impaired.
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Seen And Heard About Wichita TRAVELING man here is having A a gold-filled firger nail file made from pig's tusk. A local jewelry company is doing the work. An N. A. T. employe here likens an airplane flying through a freezing mist to a train going over a lake without a bridge The mist forms ice on the wings of the ship, making flight impossible. It is said at the Stearman factory here that Herbert Baer, primary assemblyman, "hopped off" on January 19 on non-stop flight across the sea of matrimony. He was wished a safe flight with no forced landings. "Many women who are middleaged and find themselves getting heavy around the waist find that swimming will prove an effective reducer without over-taxing their strength,' according to Miss Allie Sims, director of physical education at the Y. W. C. A. "Many older women cannot stand the pace of a gym class, and for these women swimming is the best type of exercise.' "So many people wish they were better prepared for a trip abroad,' declares Mrs. Eva Adams, who is giving a series of travelogue lectures at the University of Wichita. "Coming through the Panamal Canal one time saw woman so busy poring over books reading up on the history of the canal that she didn't have any chance to see the locks and other interesting features.' Sheriff Charlie Ohrvall has deputy in Bill Knox who not only is a deputy but an expert sign-painter. Knox is doing the printing on the entrances to the jail and the various offices in it. Among his signs is the announcement that visiting days are on Tuesdays and Fridays between 2 and 5 o'clock. Sheriff Ohrvall is reestablishing the custom of allowing friends and relatives to see prisoners after a lapse of a year and a half. This form of jail hospitality was abolished during the regime of Sheriff Ed Grove when a relative of a prisoner smuggled in a pistol which was used to kill Frank Hill, a jailer, in an attempted delivery. "Cap," who runs the oasis in the courthouse basement. has added ham and cheese sandwiches to the good things to eat at his refreshment stand and they are selling like oil leases in the Valley Center vicinity. "Where's the Diver case?" asked an aged man breathlessly after mounting the stairs to the third floor of the courthouse on Saturday morning. "It won't arrive until Tuesday," he was told, whereupon he registered disappointment. D. C. Barnum, marine recruiting sergeant, is attracting large number of prospective marines by an ad he has been running in The Eagle classified columns. Edward Warden, naval recruiting officer, saw a man injured in an automobile accident last Friday night. The man didn't want to go to a hospital, but Warden piled the injured man in his car anyway- they went to the hospital. Five inquiries from Californians relative to purchasing royalty units have been received by the Golden Eagle syndicate, which is being advertised exclusively in The Eagle. Dale Critser, teller at the Fourth National bank and renowned basketball official, has had some warm minutes in his work on the courts, but Dale never saw so many people clamoring for attention at the same time as he did in the bank Saturday noon. Since the consolidation of the Wichita State Bank and the Fourth National, the crowd cashing paychecks fills the entire lobby of the building It looks almost like a run on the bank. A Wichita flapper after seeing "True Heaven" at the Miller Friday night snuggled deeper in her seat and whispered in not too quiet tones to her escort, "Oh, 00." When Lila Widows of WallensteinRaffman's allowed it to become known that a woman had wanted to buy a "good" hat from her, which didn't cost over a dollar, she made herself the subject of much good natured ridicule Ever since then, she said, friends of hers have been asking for the same thing.