Harbin, Dec. 4. result of an. article in to"
Kung Pao," a local Russian paper stating that the New York City Bank had gone bankrupt a run commenced on the Harbin Branch of the National City Bank lof New York, As it was impossible to cope with the rush and to maintain the usual hours the Bank was kept open all day.
Dee. 6
1 now transpires that the article in yesterday's issue of the "Kung Pao" was taken from the November 5 issue of a Riga Tusslan nows-paper, which referred to, the "ity Bank' of New York" The. same paper, in its issue. of November 6, ated thatthe bank'y name. bad been given incorrectly in their pre A issue, as the bankrupt bank was one in' New York and had connection with the National City, Bank of New York, "After the run on the local branch? of the National City Bank of New. Yorke began, the "Kung Pao" issued a special edition retracting i prow vious statement and acknowledging its mistake, The National City Bank branch here met all demands and at tout Oelock yesterday afternoon the rum teased and many of its clients come menced to resum their deposits.
The manager for Manchuria of the National City Bank has issued a statement saying that all with drawn accounts that are vedeposited on or before December 7 will not forfeit interest.
The van hag ceased and no petition of yesterday's panic!
Reiter.
Text read from the printed page and cleaned; old type leaves the occasional error.