Dozen Police on Guard at Juniper and Walnut Streets
Although fair-sized crowds gathered at the various branches of the Bankers Trust
Company when their doors failed to open this morning, there were no
scenes of disorder.
About a dozen policemen were on guard at the headquarters at Juniper and Walnut streets,
while two or more were assigned to each of the branches. They allowed every one
to read the short typewritten note1
At the main office and the branch at 713 Chestnut street the crowds were largely composed
of men, while at the other branches in South, North and West Philadelphia the majority
Women Weep Outside Bank
A few women became hysterical and knocked on the doors, screaming at clerks who were
moving about inside. Others leaned against the doors and wept.
Mrs. Celia Brown,
42, 1918 North Myrtlewood street, who cried that she had deposited $1100 on
Friday, collapsed on the pavement in front of the branch at 713 Chestnut
street. She was taken to Jefferson
Hospital and treated for shock.
At the branch at 2531 West Lehigh avenue, in the North Penn section, a large
crowd of housewives and small merchants crowded around the doors.
Daughter Saves Mother
Mrs. Molly Smith,
55, 2831 West Oakdale street, became faint when she read the notice on the door
at this branch, and would have fallen to the ground if her daughter had not caught her.
Later she said she and her daughter had $1800 in the bank.
Dougherty, 2638 Sterner street, said that her husband was out of
work and that their savings of $3000, which they had expected would carry them through the
winter, were in this branch. She went home weeping.
Similar scenes were enacted at all the other branches. Crowds of 100 to 300, mostly
women, gathered at the branches at Broad street and 67th avenue, 14
West Chelton avenue, Broad street and Erie avenue, 3110
Market street, 19 South 52nd street, 55th street and
Chester avenue and others.
At the South Philadelphia branch of the bank, Broad and Wharton streets, several hundred
men and women milled around the front door, trying to read the little typewritten notice
on the door. Most of them were foreigners who could not make out the notice and had to
have it translated.
After hearing that the bank was closed, many rushed to the nearest telephone to notify
friends and relatives, and then returned to their posts in front of the doors. Two
policemen were on guard and there was no disorder.
Several in the group were women, wearing shawls over their heads, and [other?] younger women carrying babies. Some were crying when
they [left?] to go home.