Accommodated withdrawals, Public signal of financial health
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Unfounded Rumors Cause Depositors to Draw Out $180,000. PITTSBURG. Feb. 19.-Unfounded rumors caused a run on the German National Bank of Allegheny today during which $180,000 was paid out. Cashier Helms said tonight that every demand would be met promptly tomorrow or any day within an hour's notice as, he says, they have $2,000,000 on hand for payment.
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Pittsburg. Pa., Feb. 19.-False rumors caused a run on the German National Bank of Alleghany, Pa., today. during which $180,000 was paid out to frightened depositorss. The excitement at one time during the afternoon was intense. In the crush around the door Mrs. Mary Fogal was seriously bruised and injured internally. Cashier Helms said tonight that every demand will be met promptly, tomorrow, or any day.
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PITTSBURG, Pa., February 19.-False and unfounded rumors caused a run on the German National Bank of Allegheny to-day, during which $180,000 was paid out to frightened depositors. The excitement at one time during the afternoon was intense, causing almost a panic and giving the police all they could do to prevent an outbreak.
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Officials Declare They Have Cash to Meet Deposits. PITTSBURG, Feb. 20.-Somebody started a wild rumor yesterday that the German National Bank of Allepheny was in financial difficulties, and a run began. Depositors crowded the sidewalks and policemen were sent to keep order. All depositors who wanted their money received it. A continuation of the run is expected today. The officers of the bank say they have enough money to pay out the deposits four times over.
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To Give Fearful Depositors Chance to Withdraw Money. Pittsburg, Feb. 21.-The run on the German National Bank of Allegheny, which began Tuesday afternoon is practically over. Only a few depositors were on hand when the bank opened today. In order that all who desire may have an opportunity to withdraw their money, however, the bank will remain open tomorrow (Washington's birthday).
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RUN ON A PITTSBURG BANK DIES OUT AS QUICKLY AS IT AROSE. PITTSBURG, Pa., Feb. 21-The run on the German National bank at Allegheny, which began last week, ended today. When the doors opened this morning, instead of depositors demanding their money, many appeared to redeposit.
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Pittsburg, Feb. 20.-A run on the German National bank of Alleghany continued. When the bank opened, there was a line of depositors waiting to get their money. Two policemen were on duty, but there was no excitement. Depositors desiring to withdraw their funds were paid as promptly as the tellers could wait upon them. High stacks of bank notes and large sacks filled with gold were piled upon the counters.
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Pittsburg, Feb. 21.-The run on the German National bank of Allegheny, which began Tuesday afternoon is practically over. Only a few depositors were on hand when the bank opened today. In order that all who desire may have an opportunity to withdraw their money, however, the bank will remain open tomorrow (Washington's birthday).
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Pittsburg, Feb. 21.-The run on the German National bank of Allegheny which began Tuesday afternoon is now practically over.
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Pittsburg, Feb. 21.-The run on the German National bank of Alleghany is practically over. Only a few despositors were on hand for their money when the bank opened its doors, and at no time was the crowd large. The bank has received many telegrams from financial institutions in Chicago, New York, Philadelphia and other cities offering assistance.