SYDNEY BANK PANIC.
THE RUN CEASED
Sydney, February 12. The run on the Savings Bank has continued to-day, though the excitement has lessened, and the demands on the bank are not so continuous.
The panic is believed to have originated by an anarchist haranguing a crowd of unemployed.
The members of the Seamen's Union and seafaring men were among the first to remove their accounts.
Later.
The run on the Savings Bank has ceased. Altogether has been withdrawn. To-day three more banks, including the Bank of New Zealand, ottered assistance.
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Bibliographic details
Auckland Star, Volume XXIII, Issue 37, 13 February 1892, Page 2
Word Count
90SYDNEY BANK PANIC. Auckland Star, Volume XXIII, Issue 37, 13 February 1892, Page 2
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