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Run on Albury Banks. Sept. 20.-There was a run on some ALBANY, of the savings banks bere day. The Albany Home savsavings bank paid out $50,000, the ings bank $6000 and the National $12,000. 10 is thought now that the run is over. A Buffalo Failure. BUFFALO, Sept. 22.-H. W. Burt & Go, private bankers and brokers closed this afternoon.
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New YORK Sept. 29. The Brooklyn Bank Presidents met to. day and resolved to sell one million of United States securities in case of emergency. The majority, however was of opinion that there would be no run upon them. They will stand by each other whatever may happen. A SLIGHT RUN. There was a slight run on the Fifth Ward Savings Bank, Jersy city, to-day. AN IMPROVED GENERAL FRELING The Evening Post says the day closed with an established improvement in the general feeling. One day more with the Stock Exchange closed will. it is thought. put everybody in such condition. so far the exercise of reason is concerned, that it will be prudent for the broken to again be. gin business. This afternoon money lent on the street as high as 9 per cent. that rate having been paid by distressed brokers. President Vail of the Bank of Commerce. said this afternoon that confidence had been very greatly improved. He thought the action of the government in buying five-twenties had been highly beneficial loosing greenbacks STATEMENTS OF JAY COOKE AND CO. Jay Cooke Co. notify the holders all drafts drawn against money deposited since their suspension will be paid on presentation of holders, and those drawn previous to suspension are referred as follows: Of Lathrop. Lroy, N. Y. to Bank of Commerce : of all Canada banks except Molson's bank of London and its branches to Metropolitan bank of Molson's bank, of London. St. Thomas and Owen Sound, Ontario to Park bank holders. Drafts drawn by bankers in various parts of the country and abroad are referred for payment to banks and banking firms to whom accounts against which drafts are made. has been transferred. HUNS st BRIDING IN WASHINGTON WASHINGTON Sept. 22. The run on the Freedman's and Washington city savings banks has nearly sub. sided. not more than a dozen persons being at either place at any one time during the day. RUN ON NEW JERSEY SAVINGS BANK. TRENTOS. J., Sept. 22. There was a run on the savings banks today. The directors claimed two weeks notice according to their charter. and took the names of all who wanted their money. The banks are amply able to pay every dollar. The regular banks were also called upon by a few depositors, whose demands were promptly paid. Each of the three banks in Trentonhave a surplus of over $100,000 ANOTHER st SPENSION. PITTSBURG Sept. James T. Brady & Co., brokers of the Security Trust Company suspended today. RUN ON ALBANY SAVINGS BANKS. ALBANY. Sept. was quite a run on some of the banks here to-day. savings There The Albany Home Savings Bank paid out 850,000 Savings Bank, $6,000. and the National $12,000. AL p.m., when the banks closed. there was a better feeling prevailing. and it is thought the run is now over. THE NEW YORK CITY SAVINGS BANKS. NEW YORK, Sept. 22. The savings banks. being run upon. do not all enforce the thirty or sixty day notice provision of the charter. The Bowery Savings Bank has such an amount of cash on hand that it will not 10 quire such notice. The Murray Hill Bank is also pay ing all demands upon it. The Metropolitan Savings Bank and Third Avenue Savings Bank both require notice. The savings bank in Bleeeker street are paying as nstial. and there have been no more withdrawals than in ordinary times. Manhattan savings bank, corner of Broadway and Bleecker street. have such confidence in their stability that they are paying without any notice being required. The Citizen's savings bank in the Bow. ery are paying all small sums but require thirty days on all amounts above $1,000. Mechanics & Traders', East River. New and Ainsterdam are all paying on demand require no notice. Payments are not beyond the usual amounts In many of the banks which are paying on demand depositors frequently leave with ut withdrawing their money to when they find that the bank is ready deSome of the banks that have elded pay it to enforce the thirty day provision their reabiding so rigidly by the letter of charter that it is creating some discontent. The Security Bank,corner of Thirty-fourth street and Third avenue will make no pay. ments unless notice is given. Many small depositors grumbled at this. the they wanted to withdraw amount of their entire not because deposits and but wanted they stood in need of ready money Bank a portion of their that however, denied them. officials, to draw funds. saying establish paying them they would by precedent that might be followed side. every one of their depositors on the west The savings bank depositors for the seemed to be much alarmed and gathered time in groups around the institutions held their money, but consideration all danconvinced that them of the absence of to and they gave up the inclination could. draw ger their money, even if they ) A HEAVY RUN WELL MET. There has been a run on the Union during Dime bank, No. 396 Canal street over and at two o'clock there savings he day, and were around hundred people inside and seven bank. They required no notice 1 the until seven o'clock this evening. paid bank has ninety thousand deposi- on This million and it half of cash tors, and had PRODUCED
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THE EFFECT ELSEWHERE. Run on the Albany Savings Banks. ALBANY, N. Y., Sept. 22, 1873. There was quite a run on some of the savings banks here to-day. The Albany Savings Bank paid out $50,000, the Home Savings Bank $6,000 and the National $12,000. At two P. M., when the banks closed, there was a better feeling prevailing, and it is thought the run is now over.