OCR Text |
Show m CBMiGE: OB CONSMHACY: Olflcials Claim That Run cf Depositors Was Caused . ';. ' by Postal Card notices. failed to reach the paying teller's window. win-dow. . One woman was knocked down and trampled In the rush, but It Is not believed be-lieved that her Injuries will prove dangerous. dan-gerous. The bank has $2,600.00 In cash on hand, and near! $8,700,000 in bonds wtjtch'Can be converted into cash, besides be-sides other assets to carry It to $17,-800.000 $17,-800.000 deposit and the officers express the utmost confidence In- the outcome. It Is charred that the rjoatal card Mr. CINCINNATI. O- March 25. The result re-sult of a conspiracy Is declared by the directors of the Union Savings Bank and Trust company of this city. Is to be the explanation for a run on the, saving department on that Institution which, after having continued quietly for about two weeks, waa today the means of crowding the bank with aev-eral aev-eral hundred excited depositors, who vice has been sent to depositors of the bank advising the withdrawal of deposits, de-posits, and that the telephone had seen used as a means of giving the same advice. ad-vice. , The bank officials say that they have secured some of thesa postal cards and will endeavor to discover the author au-thor of them, and when found will begin be-gin criminal actions. Offers of over $2,000,000 in cash have been made by Chicago and New York banks and other oth-er local institutions have promised assistance, as-sistance, but all these proffers have been declined with thanks. . . As an indication of the view of local financiers an offer of $600 for the stock of the Union 8avlngs and Trust com I pany was made on 'change today, but no stock could be had at that price, although It was the high record of the stock. l ' |