VICTIMS OF RUMOUR
TOKONTO BANK “RUSHED.” A WORTHLESS CHEQUE. (Sydney “Sun” Cable.) TORONTO October 16. Banking in Canada has its precarious moments in these day«. The public are nervous because of recent fqil rres, and an unprecedented rush nas started on the Dominion Bank, ■in its various Toronto branches. Tlie Dominion is one of Canada’s smaller banks, and the officials claim that it is absolutely sound. On Saturday a foreigner presented a worthless cheque, which was refused payment, and word' got abroad that the bank was in trouble. To-day thousands of depositors stood in line and withdrew' their credits, while other banks futilely attempted to stem the tide.
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Bibliographic details
New Zealand Times, Volume L, Issue 11653, 18 October 1923, Page 5
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108VICTIMS OF RUMOUR New Zealand Times, Volume L, Issue 11653, 18 October 1923, Page 5
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