13720. Bull's Head Bank (New York, NY)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
March 20, 1873
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
2339d9fca6588c86

Response Measures

None

Description

Multiple contemporary reports (Mar 20–26, 1873) describe heavy withdrawals/crowds at the Bull's Head Bank after discovery of large defalcations by officers/cashier, prompting suspension and appointment of a receiver (and a U.S. marshal seizure). The bank later resumed business (reported Apr 21, 1873) after recapitalization/arrangements. Reported deficiency figures vary across articles ($200k–$349k); indictments/charges for embezzlement were filed against officers. Classified as run → suspension → reopening.

Events (5)
1. March 20, 1873 Run
Cause
Bank Specific Adverse Info
Cause Details
Discovery of large defalcations/embezzlement by officers/cashier leading depositors to demand funds; books mutilated and missing items.
Measures
Officers suspended payments; bank closed and placed in charge of police; examination of books; receiver later appointed.
Newspaper Excerpt
a crowd of depositors around the building who made strenuous efforts to obtain an entrance
Source
newspapers
2. March 20, 1873 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended after discovery that capital was seriously impaired due to defalcation by an officer/cashier; books mutilated and missing; large deficiency reported (variously $200,000–$349,000).
Newspaper Excerpt
The suspension of Bull's Head Bank ... Willets, the cashier admitted that a defalcation had occurred ... the bank is closed and in charge of the police
Source
newspapers
3. March 21, 1873 Receivership
Newspaper Excerpt
Isaac H. Bailey has been appointed receiver of the Bull's Head Bank.
Source
newspapers
4. March 22, 1873 Other
Newspaper Excerpt
There was a race between the Marshal and the Receiver ... The Marshal won, and now has possession (of the property of the bank).
Source
newspapers
5. April 21, 1873 Reopening
Newspaper Excerpt
The Bull's Head Bank resumes business on Wednesday next.
Source
newspapers

Newspaper Articles (21)
1. March 21, 1873 New Orleans Republican New Orleans, LA
Article from New Orleans Republican, March 21, 1873

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WHOLE NUMBER 1825. at St. Thomas on the fourteenth; two of the H. crew had died of the yellow fever. A heavy defalcation at the Buil's Head Bank is reported. Its capital is $2,000,000, It had no direct connection with the Clear INTS inghouse. The bank is closed and in charge of the police Crowds of depositors sure round the building. IONS A person named fcDonald was atrested upon the arrival of the Thuringia as s forger upon the Bank of England. McDon® TION ald had money, diamonds and other value ables, but alleged there was gross miss take. The car-hook murderer's (Foster: family TION left by to-day's steamer for Earope. 11: children, at his request, have not been ato lowed to see him since his incarceration. GER Foster's counsel are making a final effort to delay his execution on the ground that reprieve requires a resentence, IRO Thomas J. Blackwell, it dry goods mere ehant of Elberton. Georgia, while en route to New York, left a friend, when the train was at Wilmington, Delaware, Tuesday, to RA go in the smoking ear, and has not since been heard of. He had considerable money in his possession at the time, ONS The Guard, with one thousand packages for the Vienna Exposition, saits to-day. Dispatches from Chigago and Miami 180 port that very heavy snows have recently fallen. ONE The Tennessee Legislature has passed a bill allowing local authorities to decide the question of tippling houses. The Governor FICE will sign the bill. Bloodgood & Osterman's eiastic beiting factory. in Brocklyn. burned. Loses UBA $60,000. The advance in pork is attributed to the demand from Europe, to make bacon for NED army food, The schootier Joseph Farland, reported lost with all on board, is safe at Rockland. ENTS Evening.--Sixes of 1881, 118%; live-twen ties of 1862, 115 1/8; of 1864, 115% of 1865 116% new 114 % of 1867, 116 % of 1868 Bill 116 1/4; new fives, 113; ten-forties, 11034. Tennessee sixes 85, new 85; Virginia sixes 44, new 51, consolidated 561/4, deferred SAS 14; Louisiana sixes 45, new 45, levee sixes 4.00 eights 85; Alabama eights 80, tives in Georgia sixes 70, sevens 88; North Carolinait 30, new 17, special tax 13; South Carolina ONS 35, new 17. April and October 19. Money active but stringent. The buTi of business on call loans at 1.16 per diene XEN Late in the evening an easier feeling pres vailed; closing loans were 7 for gold. Exo change very dull at 8 to 18. Gold opened at 115% fell to 115 1/2, rallied to 115% and closed steady at 115 1/2 a 115% Loans Caldranged from 4 to 7 gold for carrying. -He The suspension of Bull's Head Bank cre enaated considerable excitement in business Seorcircles this afternoon. Willets, the cashier tors admitted that a defalcation had occurred is Offthe clerical department which made it abs asey solutely necessary to suspend payment. He thought depositors would not suffer to wing any great extent, but that the stockholders would be heavy losers. y the The probable loss will be $200,000. Cape genital stock of the bank, according to last ree rker, port, was $700,000, and its surplus $90,000 r, as ct of The deposits issued are about $1,300,000 : for Last year a dividend of sixteen per cent colwas paid to the stock holders. Lately the inia; stock has been quoted at $180. Three et of years ago the price was $252. first MacDonald, the alleged forger, arrested colon the steamer Thuringia to-day, was Carobr ought be ore United S a es Commission as Osborne this alterneon. the prisoner asked cus; at for an adjournment until Tuesday, whisk altiwas granted, and he was committed. ittaJoseph F. Randolph, ex-Congressma and ex-judge of the Supreme Court of New Jersey, 18 dead. made BalMajor phen II. Webb. formerly of the 1 in regular army, a son of the late General Var Webb, of the revolutionary army, died at at Jacksenville, Florida, 08 the fourteents instant. the Samuel Joseph Philipson. charged win Mr. forgerice of Manchester (England) drafts to no the amount of £1200. was arrested in are Brooklyn to-day. He will be sent back is the England Saturday on the steamer Baltio. Arrived--Thuringia, Virginia, Cuba and r of Pahayra. Arrived out-Caledonia and Marie. man

2. March 21, 1873 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, March 21, 1873

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NEW YORK CITY. New YORK, March 20.-There is nothing new in reference to the apprehended strikes among the working. men. The Journeymen Wood Carvers' Union held a general meeting last evening, but the subject of strikes was not considered. At the semi-monthly meeting of the Workingmen's Union last evening, the resolutions recently adopted by the EmProtective and ployers' unyielding absolute Association, opposition declaring to the demands of the Trades Unions, were reterred to a Committee for consideration. No further action was taken, but several of the members asserted that there would be general strikes within a couple of months. A medical college here graduated ten female doctors this week. A number of laborers on the Harlem Railroad near Harlem, recently demanded higher wages. Their places were supplied by non-society men from the neigh. boring States. Some trouble was apprehended, but the strikers did not interfere. It is said that the recent advance in the price of pork here is owing to the heavy demand from the larger and wealthier countries of Europe for pork to be converted into bacon for army food. The fact that one or two houses in this city hold great quantities of pork here has given rise to rumors of an intended corner, but no well founded statement on the subject is made. An Erie official interviewer says the legislative investigation will disclose nothing. which has not been already published. Hints had heretofore been sent from Albany that the investigation could bestopped if the Erie people wanted it, which was interpreted to mean money. It is stated that the Bulls-head bank of this city, suspended this morning, and that it is surrounded by an excited crowd of depositors. Last night, the harness trimming factory of William Waldron and the neighboring buildings on Beekman street, were burned. The losses were about $33,000. An arrest was made to-day of Warren alias George McDonald, A passenger on an in-coming steamer, on suspicion of being one of the perpetrators of the late forgeries on the bank of England. McDonald had $3,000 in gold, and diamonds and other articles on his person. It is said the suspension of the Bull's Head Bank was caused by the defalcation of some of its members. An examination is going on. The bank is in charge ot the police officers. The suspended Bull's Head Bank is a State institution, with a capital of $200,000, and was represented in the clearing house of which it was not a member by the Metropolitan Bank. The Metropolitan, however, has sufficient assetts to cover all losses. Daniel Dwight, alias Philip Stanley, was arrested to day, charged with being implicated in the late fraudulent issue of Ft. Wayne & Wabash Railroad stock. Samuel Joseph Phillipson, charged with forging drafts in Manchester, England, to the amount of $6,000, was arrested to-day in Brooklyn, and will be sent back to England Saturday.

3. March 21, 1873 The Wheeling Daily Register Wheeling, WV
Article from The Wheeling Daily Register, March 21, 1873

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NEW YORK. NEW YORK, March 20 -The - failure of the Bull's Head Bank on becoming known attracted a crowd of depositors around the building who made strenuous efforts to obtain an entrance. The officers refuse to admit that the Bank is insolvent and say that the suspension for the present 18 rendered necessary by the detalcation of an officer in the Bast, the amount of which is not yet apparent, and that the examination is now going on. Many of the books were found badly mutilated and full of glar. ing errore. It was discovered this morning that their capital was seriously impaired and, theref re, the officers have resolved to suspend temporarily Erastus F. Mead,act President of the Bank, says be believes the losses will not fall short of $200 000 which is the exact amount of the Bank's capital. The Doomed Man. To-day is Foster's last day. Thearrangements for the execution are nearly completed, the scaffolding has been in course of erection all day. It is the same scaffold used at the execution of twelve other murderers. Foster's wife visited him this after noon for the last time, and had a long interview with him, their actions, however, being closely watched by the deputy ameriffs. It 18 reported to-day that Foster's counsel intends to make another effort to obtain a writ o prohibition, to prevent the execution. Foster's mother visited him about two o'clock this afternoon while his wife and her brother were still in his cell.The interview was deeply affecting Several ,clergymen called during the day.

4. March 21, 1873 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, March 21, 1873

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not meet the liabilities. The discrepancies have not yet been fastened on any particular person and the committee are completely be- fogged as to the author of the trouble. Mr. Meed says that no definite statement in regard to losses sustained can be made at present, but thinks the amount will not fall far short of $20,000. The Bull's Head is a State bank in- corporated in 1854. It stood December 28th, last, as follows: Capital $200,000, surplus $85,- 000, circulation $6000, deposits $1,078,000, un- paid dividends $2,600, loans, 1,116,800, stocks $30,700, real estate $61,100, specie $6000, legal tenders $72,200, over drafts $2,700. Last year's dividend, 16 per cent. was paid to the stock- holders and the stock lately has been quoted at $1.80. The bank always has been considered perfectly safe and the report of its insolvency caused great consternation among its deposi- tors, many of whom are butchers, drovers and tradesmen with small accounts. One of the directors said this afternoon that the bank no doubt had lost heavily but he felt confident that the depositors would not suffer to a great extent. He further stated that a receiver would soon be appointed. ### Warren vs. Fremont. J. Q. A. Warren, in a card, denies the asser- tions of Gen. Fremont, that the former offered to settle the case against the latter, but says on the contrary he (Warren) is awaing documents from Paris to enable him to proceed against Fremont in the courts here. ### The Case of Foster. Judges Davis, Ingraham and Barrett com- municated with Mr. Allen, Foster's counsel this afternoon and informed him in reply to his in- formal application for the sense of the judges on a motion for a writ of prohibition of the exe- cution of Foster, that should the motion be made in open court it would be denied. This of course destroys Foster's last hope of further respite. The sheriff and his deputies are busily en- gaged in completing the preparations of the sad tragedy and the construction of the gallows was commenced this morning. It is the same one used in 1871 for the hanging of Thoms, the negro, and has done its terrible duty in the case of eleven others during the last ten years. The scaffold stands at the southeastern angle of the prison yard about ten feet from Foster's cell. The condemned man, sitting in his cell, could plainly hear the carpenters at work. Foster was up early. His spririts seem to sink as the hour of doom draws nigh. He is very tacitum and seems unable to contemplate his fate with calmness and resignation. Still he is quiet and devotes himself with earnestness to prayer and preparation for the last end. His wife, brother, and brother-in-law called at an early hour. Crossing the prison yard they could see the carpenters at work on the scaf- fold. Rev. Wm. Schoonmaker, Chaplain of Sing Sing prison, conversed with him some time, counselling resignation and urging him not to encourage any hope of averting his fate. After the departure of the chaplain Foster threw himself on his bed, his wife taking a seat on the side of it, and the brother occupying a chair directly facing her. They then convers- ed in low tones, so the deputy sheriffs could see although they could not hear all that pass- ed. About two o'clock Rev. Mr. Walker at- tended the aged mother of the condemned to his cell and he last interview with her was very affecting. Most of the other relations took a farewell this afternoon. The solemn parting between the husband and wife occur- red to-night. The cell and person of the pris- oner was strictly searched to prevent the possi- bility of his having means of committing sui- cide. Two deputy sheriffs remain on the watch till 7 a m., when they will be relieved by others, from whose hands he passes to the charge of the sheriff and executioner. ### The Salary Swindle Denounced. ALBANY, March 20.-The Senate adopted resolutions denouncing the increase of salaries at Washington and calling upon Republicans in Congress to urge the repeal of the law. Mr. Berg's anti-cruelty to animals bill was de- feated in the Assembly. ### Various Matters. Jackson Schuitz and Douglas Taylor, appoint- ed to represent New York at Vienna, have ac- cepted the appointment and will soon sail. Albert Van Wagner, a representative of a large number of the credit. rs of Bowles Broth- ers, gives the opinion that Mr. Appleton, the special partner, will turn over sufficient prop- erty to satisfy these creditors The Tribune charges that one Reinhardt, the keeper of an alleged swindling emigrant hotel in Greenwich Street, systematically despatches runners to Europe, who return as emigrants, and making the acquaintance of fellow steerage passengers inveigle them on their arrival here into Reinhardt's den. It is stated that great efforts are being made to keep the present Tammany Board of Emigra- tion in this city in power, through amendments to the bill now pending before the Legislature. A proposition is being framed into a law, to be submitted to the Legislature, making all horse-railroad corporations responsible for the safety of passengers from assaults of roughs, and for losses by pickpockets while riding on their cars. The Sun warns the public against the numer- ous sawdust and lottery swindlers in Fulton Street, whose organized gangs of decoys prowl through the neighboring streets receiving in strangers. The rents and trade in Fulton Street have been seriously impaired by the presence of these swindling shops.

5. March 21, 1873 New-York Tribune New York, NY
Article from New-York Tribune, March 21, 1873

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BANK. BOOKSWILL of the The of the Afth-st., caused prodefalcation, found looked ove of in the the It city. was in State 1854, with # of made through the the Bank. after resump of by tion the latter morning. the business HEAD BANK, NEW o'clock YORK, E. F WILLETT, Cashier, of Cashier. Metrope in regrett inform consequentle have and to thanks have comer night for this advening that "bank notify that may for refuse tfully, Cashier. the this Clearing of the Ball's city through the in the street, and No the bare and that the At very On the the Bank closed; report was day small was not crowd turbalent. they learned no that A of in the bank by and the tem. stated by the the William former of son, health. Mr. the Just books resignation of one much the found had tilated. cut and either missing. in of the the this had been other books by made good means The and 10 deposit the upset ledger, Mr. of the When bank. Mead chinery for once examcalled control thorough did his this He the books. ination the just how know that might 10th and Monday were badly found on that, last of the work the use, daily On very the ennight through There and the After die nearly the of Bank the tation After until he What of say the not of at bank and there not to of of only He ures say would ble for hard The the he the the mattbe books The lation and placed the the the after just were placed close were the takes books of from business what The known notes that the checks, are and cities. Reports They were weeks. to voring ender picking In many out foreign piece for wait reports they out from before counts to then Just to be could they stood. A TRIBUNE the Bull's tional geney. Bank of the Mr. officers for Bank were of than the other pension that said Mr. the Seney tained the and the letter himself to the other the that public the MetroBull's the Bank politan the The letter heading as ink President Mead's of prosident," pro name had Mr. why struck Williams that geney the replied with Mr. why and ag Bank Head Bull's he BO not could There of officers to will accrue the light upon failure. by Metropoli the Bull's VISIBLE. at persons the Williamsom Richard and Fifth-are who those and the day, during and out was he that One gentie was ⑉ m., who man, act that Mr. returned information the he that called could to had gone a orchant formerly the

6. March 22, 1873 New-York Tribune New York, NY
Article from New-York Tribune, March 22, 1873

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New York Daily Tribune. FOUNDED BY HORACE GREELEY. SATURDAY, MARCH 22, 1873. TRIPLESHEET. A motion was made in the British Parliament about the rules under the Treaty of Washington. The Caldwell debate was continued in the U. 8. Senate, but no action was taken. "What will the Senate do with the Charter 1" is the main question at Albany. - It is feared that the New-Jersey General Railroad law will not allow a competing line across the State. James McElhaney was hanged at Boston for the tourder of his wife. A William Foster was hanged at the Tombs. wealthy man was murdered in his house, in Brooklyn, by burglars. === The Erie Railway depots and the Pavonia ferry-house were burned, in Jersey City. The Bank of England bonds have been recovered. Jay Gould testified before the Erie Investigating ComTwo car ruffians were sentenced to prison mittee. The awards and assessments have for 15 years. Efbeen made in the Kingsbridge-road widening. forts were made to put the Bull's Head Bank into the hands of a receiver. Gold, 115g, 1158, 115g. Thermometer, 32°, 37°, 35°.

7. March 23, 1873 Eureka Daily Sentinel Eureka, NV
Article from Eureka Daily Sentinel, March 23, 1873

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CASTERN DISPATCHES. BY OVERLAND TELEGRAPH. [SPECIAL TO THE SENTINEL.] NEW YORK. NEW YORK, March 21. This afternoon, Foster's body was removed from the Tombs to the residence of his widow. About 12:30 P. M. to-day, a fire broke out in the ferry-house of the Erie Railroad freight depot, Pavonia avenue, Jersey City. A strong gale was blowing from the west, and all efforts to check the flames proved unavailing. The large wooden passenger depot in the rear of the ferry-house took fire almost simultaneously, and was destroyed. Several trains were hastily removed uninjured. The new freight depot was heavily stored with freight. Taylor's saloon was partially destroyed. The fire, it is supposed, originated from locomotive sparks. A statement is published to-day of a Tomb.s official, that Foster took poison the night before the execution. About eight o'clock yesterday afternoon, the jailor of the Tombs found him sick, and, in explanation, he then admitted that he had taken poison. The man's symptoms in every way confirmed his suspicions. On this account, the Sheriff hastened his execution, While many believed the duration of the religious exercises were telling on Foster's nerves, it was in reality weakness caused by the poison that was acting on him. The Tombs physician says Foster would have died if the execution had been delayed till 10 o'clock. A fire in Crosby street, near Broadway, last night, burned Demore's carriage repository, and Reynolds' hat and cap factory; loss, $24,000. The Treasurer of Schuyler County, in this State, one Shepperd, is a defaulter to the amount of $15,000. He absconded. It is now stated that a strike is imminent among the journeymen carpenters. The Eight Hour League, which includes the German sections, piano makers, etc., are also expected to strike. At a meeting of gas men last night, the recent action of the Gas Company, in reducing wages, as a consideration for eight hours' work, was considered, and a damand made for a general strike; and it is said that another meeting is to be held to-night, and preparations made for the general strike early next week. The letters addressed to McDonald, the forger, which have come into the hands of Duncan, Sherman, & Co., and others, which are now under seizure, are supposed to contain the missing bonds taken from the Bank of England. The Legislative Committee decided to investigate the case of Tweed, overruling the objections as to jurisdiction, as they held it was not their province to decide thereon. Isaac H. Bailey is appointed Receiver of the Bull's Head Bank. MASSACHUSETTS. BOSTON, March 21. It is stated, on the authority of McElhany's spiritual advisers, that the members of his wife's family refused to allow him to see his child Emma, aged two years. A letter, seconding an often expressed wish on the part of the condemned man to see his child was sent by Sheriff Clark to the family, but without effect. The Grand Jury have indicted John Savage, Jr., late Cashier of the Leche-mere National Bank, for embezzling $14,000 of its funds. The journeymen horse-shoers of Boston have levied an assessment of one dollar each per week, on a payment of ten dollars per week to each man out of employment by the strike at the Metropolitan Horse Railroad shops.

8. March 24, 1873 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, March 24, 1873

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The Bull's Head Bank Defalcation. NEW YORK. March 22.--A number of the creditors of the Bull's-Head Bank to-day petitioned to have the bank adjudicated as involuntarily bankrupt, and Judge Blackford granted an order for the bank to show cause on the 29th instant why the prayer of the petitioners should not be granted; and he also granted a provisional warrant for the United States marshal to seize and hold the property of the bank pending the issue of the application. In the proceedings which had taken place previously in the State Court a receiver had been appointed, and - there was a race between the Marshal and the Receiver as to who should first get possession of the property. The Marshal won, and now has possession.

9. March 24, 1873 The Wheeling Daily Register Wheeling, WV
Article from The Wheeling Daily Register, March 24, 1873

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NEW YORK. Tweed Again. NEW YORK, March 22.-The State Senate Committee appointed to investigate the charges against Tweed met to day. John Graham, Tweed's counsel, protested against the action of the committee, on the ground that although Tweed had produced certificates of election, be had never taken the oath of office, and not being a member of the Senate that body bad no jurisdiction in the case The committee alter some consideration decided that they had jurisdiction and will continue the inve-tigation. The Erie Investigating Committee met at the Firth Avenue Hotel and continued the investigation into Erie affaire, late Change of management, law suits, etc. Committee adjourned until Monday. Ball's Head Bank. Isaac H. Bailey has been appointed receiver at Bull's Head Bank. The complaint sets forth the assets of the Bank as one million to o hundred thou sand dollars A legal race took place Saturdav morning for possession of as set of it. take on er Bull's of receiving the possession Head Bank the Bank. immediately appointment Isaac In the H. meantime forth receiv- Bailey to and injunction and attachment had been obtained against the Bank and was placed in the ha ds of a United States Marshal, who started ahead o Bailey, and reaching the Bank in advance of the receiver took po-seesion and re used to acknowledge the authoriy of Bailey. Large Sales. The sales of the Daily News yesterday containing the account of Foster's execution, amounted to over 280,000. Mrs. Foster. The widow of William Foster lies very low at her residence in 24th street I Three physicians were in attendance last night, and the presence of a physician 18 required constantly. Her , medical attendants ascribe her rillness to severe mental depression, consequent upon the loss of her busband The outside of her residence is dreary in the extreme and aweand reverence seem to taken possession of all the residente on the block where she resides. The I blinds on the BFC nd floor of the house where Forer's widow and orphans now remain secluded, are secure'y tastened and none are admitted except members of the family. The Stelke. The impending strike among e the trade= in this city will, it is claimed, be an even greater scale than that of last year The struggle is not tote confined to one trade at & time. for all under the line o' building trades have had an undretanding with the eight hour league, and these men numbering in all about eighty thousand mechanics, will strike in an hour. The majority of the societies strike ostensibly for the eight hour movement. Carpenters and Joiners ask an increase of pay of $2 per day The Germans connected with the eight hour league demand an increase of twenty-five per cent on piece d work. Executive Committees of all the trade societies have been y asked to co-operate, 80 that the strike 8 may be unanimous The President o t the Workingmene Union saye one buny dred thousand men will strike at once D in New York, and their action will be followed by Boston, Chicago, St. Louis, and San Francisco & No action will be taken before April.

10. March 26, 1873 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, March 26, 1873

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by the accounting officers to be equitably due him. The commission of the present Minister to the Central American States will expire on the 1st of July, when, by law of Congress, the mission will be consolidated and only one Minister be assigned to all of these States. A fire at Thayer, Kan., Sunday night destroyed about half the business portion of the town. Loss not yet ascertained. The amount paid for removing snow in Boston last year was $7254. The expense for this year will probably be more than twice that amount. The cashier of the Bull's Head Bank of New York made a statement Monday, show. ing the deficiency to be $257,000. The depositors voted to allow twenty-five per cent. of their deposits to remain ninety days, and the stockholders talk of resuming business soon. A private letter from Santiago de Cuba says that the United States steamer Wyoming arrived there on the 9th inst. The oncers were handsomely entertained by the officers of the Spanish Navy, and a ball was given in their honor. The next night a ball was given on board of the Wyoming to the Spanish officers and prominent government officials. Brooklyn officials have arrested a man on suspicion of connection with the Goodrich murder, but they refuse to give his name or their reason for his arrest. The coronor's inquest was begun Monday evening, but the later developments are not specially important. John and Andrew Scott, father and son, were arrested on board the steamship Malta Sunday evening charged with frauds to the amount of $20,000 In Edinburgh. J. Holtshonser of Bordertown, Ky., shot his brother, D. W., on Saturday, killing him. The cause of the shooting is supposed to be of long standing. At the present time only one-half of the members of Congress have drawn their five thousand dollars back pay. Of the New Hampshire democrats, all of whom voted against the increase, none drew the extra pay until the election was over, when Judge Hibbard, defeated, and Mr. Parker, re-elected, drew at once. Mr. Bell, whose re-election has until within a day or two been in doubt, has not applied for his money, nor have any Connecticut members.

11. March 27, 1873 Nashville Union and American Nashville, TN
Article from Nashville Union and American, March 27, 1873

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THE BULL'S HEAD. Promisenous Looseness-8349,000 Miss. ing and No Defaulter. NEW YORK, March 26.-The depositors and stockholders of the Bull's Head Bank, lately suspended, had a conference to day. The stockholders' committee announced that they had agreed on a proposition to increase the capital stock of the bank and allow the depositors who are most interested to take preferred stock enough to make full the amount of the deficiency, thus placing the bank in working order again. The Express sta'es that circumstances come to light indicate that the bank was in a hopeless condition weeks before the officers formally closed the institution. The widow of a former cashier had deposited with the bank for safe keeping six thousand dollars worth of stock and other property, and when she wished to take it out of the bank she was put off from day to day, and finally the cashier confessed he couldn't find the box, remarking however that it was safe and he would send it as soon as found. Mr. Halstead, a depositor and stockholder, left a box containing twenty thousand dollars worth of United States bonds for safe keeping. A short time ago he demanded them. The cashier informed him after a short time spent in the vault apparently looking for them that he could not find them just then, but they would be found the next day, at which time the cashier informed Halstead that the bank had taken the bonds a few days before in a temporary money strait and hypothecated them. The value of the bonds was returned in notes and other securities. The total loss so far as ascertained is $349,000; capital stock $200,00; surplas $92,000; current deposits 57,000.

12. March 27, 1873 Wood County Reporter Wisconsin Rapids, WI
Article from Wood County Reporter, March 27, 1873

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the President, and accompanied by a letter requesting its early presentation to the new Government. News from the Modoc country on the 15th, says that about 600 troops are in the field waiting orders. Canby's plan seems to be to surround the lava bed and starve the Modocs. For that purpose four posts will be established on the outskirts of the lava sections and on the shore of the lake. A German named Albert Goetze was brutally murdered in Chicago, on the 18th, by one of a gang of rowdies who entered a saloon where a dance was being held, and grossly insulted a girl who was in company with Goetze, at which the latter attempted to eject them. The murderer escaped. The U. S. Attorney-General denies the statement that he had rendered a decision declaring the eastern terminus of the Union Pacific Railroad GO be at Council Bluffs. Near New Albany, Ind., a. few nights since, a boy and girl, the children of a colored man named Reed, were burned to death in their house, in the absence of their father. An older boy escaped from the burning building. A man named George MacDonald, supposed to be the chief operator in the recent Bank of England forgeriers, was arrested on the steamer Thuringia on its arrival at New York on the 20th. About $10,000 in gold and a quantity of diamonds were found in his possession. He protested his innocence. The Bull's Head Bank of New York City has failed, and it is stated that large defalcations have been discovered on the part of some of its officers. It was a State institution and carried a large amount of deposits, especially from butchers and drovers. A dispatch from St. Louis, 20th, says: "The strike on the St. Louis, Kansas City & Northern Railway is practically ended. Everything has been quiet to-day, and trains have run without molestation. The Company has now over fifty new engineers, and freight trains will resume running to-morrow. About forty strikers, and those engaged in obstructing the road, destroying property, and interfering with trains, are now in jail at different points, and are to be prosecuted to the utmost extent of the law." Another mysterious murder has occurred in Brooklyn. Charles Goodrich, a wealthy resident of that city, was found dead on the morning of the 21st, in the basement of a residence where he was in the habit of sleeping alone. Three pistol shot wounds were in his head, two of the bullets being imbedded in the brain. It is thought that some thief was aware of the fact that Goodrich was in the habit of sleeping in this house alone, and supposed that he carried considerable money about him, and that he had broken into the basement, and on Goodrich's $ coming down stairs had waylaid, murdered and robbed him. A dispatch from Lewes, Del., says that E the bark Jens Larsen, from London for Phil$ adelphia, went ashore at Indian River inlet ) on the 20th. The captain's wife and daugh5 ter, the first and second mates, and two seaI men were drowned in attempting to land. ) Near Wickenberg, Arizona, March 11th, I the Apaches murdered Augustus Swain and e James McDonald. Their bodies were horrit bly mutilated. Swain was one of the first e settlers, and for a long time a Government e guide.

13. March 27, 1873 Rutland Weekly Herald Rutland, VT
Article from Rutland Weekly Herald, March 27, 1873

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The Bull's Head Bank. NEW YORK, March 26. The committee of depositors and stockholders of the Bull's Head bank, lately suspended, had a conference today. The stockholders' committee announced that they had agreed on a proposition to increase the capital stock of the bank, and allow depositors who are most interested to take preferred stock enough to make up the full amount of the deficiency, thus placing the bank in working order again. The Express states that circumstances have come to light which indicate that the Bull's Head bank was in a hopeless condition weeks before the officers formally closed the institution. The widow of a former csshier had deposited with the bank for safe keeping $6,000 worth of stock and other property, and when she wished to take it out of the bank she was put off from day to day, until finally the cashier confessed that he could not find the box, remarking, however, that it was safe and he would send it as soon as found. The total loss so far ascertained is $340,000, as follows: Capital stock, $200,000; surplus, $92,000; amount of deposits, $57,000.

14. March 28, 1873 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, March 28, 1873

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NEWS IN BRIEF. THE EAST. THOMAS F. ANDERSON, cashier of a bank at Franklin, Pa., recently set fire to the notes, bonds and papers of the institution, and then shot himself through the head George Francis Train, who is confined in the New York Tombs, insists that he is insane, and a medical commission has been appointed to determine the question. I .RGE numbers of orders are being received at New York from Europe to purchase wooden vessels to replace the iron ones lost in the last year's gales. Some brokers say they find it impossible to fill their commissions fast enough. Ar Syracuse, N.Y., the other day, a young man named Keller brutally murdered hie cousin-Miss Ida Spencer, aged -by beating out her brains with an iron bar. The motive for the crime is unknown The prohibitionists of Rhode Island have nominated a full ticket for State officers. THE office of the President of the Pennsylvania and Western railroad was robbed in New York, recently, of 168,000 in bonds The famous New York prison, known as the Tombs, is to be demolished and replaced by a new structure The medical commission appointed at New York to examine the mental condition of George Francis Train, report him to be a man of good education and brilliant intellect, but undoubtedly of unsound mind. It is probable he will be turned loose, as he is not regarded as a dangerous man, and therefore not a fit subject for commitment to an asylum. Train's latest assertion is that in 30 days not one stone in the bastile shall be left standing upon another. and that the streets of New York are to run with blood. THE lower house of the Massachusetts Legislature has refused. by a vote of 49 to 167. to rescind the resolution censuring Senator Sumner. A MAN named George McDonald was arrested at New York the other day, on landing from the English steamer. who is believed to be the principal in the great forgeries on the Bank of England. Papers were found on him which, it is said, reveal the whole plot. and criminate men of high position in New York. The Bull's Head Bank, of New York, has collapsed. THE WEST. THE political excitement at Salt Lake has died out. the utmost good nature exists between Mormons and Gentiles, and the business prospects are said to be unusually promising. There were two hangings in Illinois on Friday, the 14th of March-George Driver, at Chicago, for the murder of his wife, in November last: and John Marion Osborne, at Knoxville. Knox county. for the murder of Mrs. The Adelia M. Matthews. in August, 1872 German Savings Bank at Kansas City. Mo., was recently burglarized to a heavy amount John Kelsey was shot at Centerville, O., the other day. by Miss Ella Benham, a discarded lover Nevada has been having a little speck of internal war. The Lieutenant-Governorrefused to surrender the office of Warden of the Penitentiary, and conform to the new law detaching the two offices. whereupon Gov. Bradcannon, the ley and marched upon and forced the Penitentiary surrender with of militia the rebellious officer, who will probably be impeached A proposition has been introduced into the Michigan Legislature for the appointshall power to the law ment have and have of Railway enforce Commissioners, general railway who a supervision of all police regulations effort concerning railways in the State An will be made for another conference with Capt. Jack, the Modoc chief, though there is little epizootic hope of a peaceful settlement The is raging throughout Arizona, and are much the has honey, and the editor mails of Dubuque delayed. Telegraph, stage D. travel Mafor a fall on the sustained sued the city by of Dubuque slippery @10,000 pavement. damages which resulted in a broken area. A NEW peace commission has been organized to treat with the Modoc Indians, Capt. Jack having expressed a desire to have another conference. EMMA HALE, a waiter in the Fisher House. Mich., committed last strychnine A week named Three by Rivers, taking suicide German, Albert Goetz. was murdered on St. Patrick's who cut his throat party house of in roughs, Chicago, literally in day, a dance- by a ear to ear The farmers in the III.. report that at half. of from Jacksonville, if two-thirds. least vicinity onenot of the honey bees have the severe winter of the locomotive in been Missouri THE killed strike has by just engineers past. ended in the little the other day. by a wooden killed strikers in Chicago, A four-year-old submission boy of was the an in front of a upon him Lieut. Frederick figure son falling of of the Indian cigar store Grant, President, has been assigned to duty on Gen. Sheridan's staff. at Chicago. THE SOUTH. of found the Rev. Dr. Church THE Annual has Conference the Huston, Methodist of guilty of the crime his Baltimore, him, and decreed expulsion. charged The against matter will be appealed to the General I E. LEE, JR., son of the prospective Democratic Lee, for ROBERT is the Conference. candidate late Gen. Governor of Virginia The Falls robbery. at Tobacco $350,000. Bank The Louisville, foots up City bank offers a reward of e50,000 for the return of the bonds, or 25 cent. of and no a reward of 8500 each for ture of the burglars also, the amount offers returned, questions per the asked: cap-

15. April 4, 1873 River Falls Journal River Falls, WI
Article from River Falls Journal, April 4, 1873

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the removal of Watts, the present Commissioner of Agriculture. A prominent western man is a candidate for the position. MANY complaints have been received from merchants of New York city that their boxes, while in bond in Meyers & Co.'s warehouse, have been broken open, and valuable silks stolen. The government has ordered an investigation. John Biglin accepts the challenge recently issued by Goorge Brown, of Halifax, N.S., and offers to row a five or six-mile race in shell boats on the Connecticut River at Springfield, Mass., on or about the date which may be settled for the annual college regatta next July. If Brown does not accept these terms, they are open to any man in the country, for the championship of America. THE loss of the British steamship Petersburgh, at Bermuda, with 1,466,132 pounds of tea, has created a stir in the market, which has been dull of late. The tendency is towards higher rates. Most of the cargo was owned in New York, Mr. E. W. Corliss having 25,000 packages. The cargo was largely insured in New York and Philadelphia offices. The Delaware Mutnal Company is reported to have $80,000. JOHN A. MOFFAT suicided at Rushville, Ind. on Wednesday, by stabbing himself in the breast with a pair of shears. EMMA HATE, a waiter girl in the Fisher Hotel, at Three Rivers, Michigan, took cold poison and died on Monday night. THE steamer Sioux City was sunk by ice near Fort Sully, on Wednesday. A DAVENPORT telegram states that while the down train on the Western Union road was nearing Cordova, on Tuesday afternoon, some scoundrel in the ditch alongside the track discharged the contents of a doable-barreled shotgun through the car window, a number of the shot penetrating a passenger's back, who occupied the seat. The train was stopped and backed to the place, but the fellow had vamoosed. THE defalcation which caused the suspension of the Bull's Head Bank, of New York city amounts to $200,000. Its deposits are said to have been $1,300,000. Last year a dividend of sixteen per cent. was paid to stockholders, and its stock has lately been quoted 108. THE remains of a man were found in a runed portion of the James Hotel, Montreal on Thursday. The body has been identified as that of Mr. Hyatt, a traveling agent. He was found on the fifth floor, and had evidently been suffocated. COMMISSIONER DOUGLASS has instructed Collector Bailey to pursue the course he has taken in the New York Central Railroad case until property enough has been seized and sold to bring to the Government the entire amount of claim due. GENERAL order has been issu ed from the War Department that no officer, either active or retired, shall directly or indirectly, without being called upon by proper authority, solicit, aid on recommendation by members of Congress for or against military offences. AT Lampsan's mill, in Grand Ledge, Michigan, on Thursday, Frank Krupp, one of the owners of the mill, was standing behind the saw with his back to it, while it was running full speed he stooped to lift a plank on the was long, saw upon it, hocking carriage, teeth when of he the caught and carried in the cutting his body entirely in two lenghtwise. MERRITT SMITH, of Cascade, Michigan, whose wife and son were burned to death by a kerosene explosion, a few days ago, has become a maniac, and his life is despaired of. IN the case of James Druyer, a boy of twelve, tried in Chicago for the murder of a Swede named Gustav Larsen, last winter, a plea of self-defence was established and the youthful ruffian acquitted. ON Saturday Wm. Potter stabbed and killed George Sheets, in a dispute growing out of a debt of twenty-five cents, at Staunton, Va. WEDNESDAY night the harness trimming factory of Wm. Waldron, and neighboring buildings on Beekman street, New York, were burned. Loss about $23,000. THE failure of the Bull's Head Bank, of New York city, is announced. A SERIOUS riot between Englishmen and Irishmen occurred at Wolverhamptown, near Birmingham, Tuesday. At least 3,000 persons were engaged in the conflict. THE principal part of the town of Centerville, Ohio, was destoyed by fire on Tuesday. Loss $35,000. THE oil excitement at Saylorville, Iowa, still continues. Many proprietors are digging wells. A THREE-YEAR old boy named Cahn had his neck broken at Chicago, on Wednesday, by a wooden Indian placed before his father's eigar manufactory as a sign, which some of the little fellow's playmates pushed over upon him. IT is understood that the Consistory of the Dutch Church in New York has voted to pull down the old Fulton Street Church, and cover the site thereof with buildings for business purposes. It is here that the celebrated daily prayer-meetings have been held for fifteen years without interruption. AT Rockford, Iil., on Tuesday, a hotel keeper named White was rse-whipped by Mrs. Milder, wife of a Chicago capatalist, for an alleged

16. April 5, 1873 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, April 5, 1873

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The Bull's Head Bank Failure. NEW YORK. April 5.-I is rumored that President Williamson, of the Buil's Head bank, has beon arrested on indictments found by the grand jury. The receiver reports that after the depositors have been paid, there will remain $40,000 to represent the capital and surplus of the bank. The receiver says the money was taken by some one in the bank who had access to the books. New directors were chosen last night.

17. April 10, 1873 New Orleans Republican New Orleans, LA
Article from New Orleans Republican, April 10, 1873

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WHOLE NUMBER 184?. Gas Company have all left, and Germans H. have supplied their places. Everything has been quiet to-day around the gas works. The strikers have given up all hopes that TON the employes of the Manhattan Company will join them. The car drivers on the Belt line will LAIM strike to-morrow for $2.75 per day; ac present they only get $2. Judge Tappan. of Brooklyn, decided toIRS day that Mrs. Myers, a witness in the Goodrich case. should be discharged on her own recognizance and surety of $1000. ICE Arrived-Havana, Ville de Paris, Silecia, France and Finland. Arrived out--Victoria and Rhein. There was an improved feeling in financial LE circles today. and money was easier, although not yet down to the legal rate of interest. Renewals of currency loans E:D during the morning were at 1.16@3-16, and new business was at the same rates, chiefly at per diem. Closing dealings in DS money exhibited better feeling, and closed firm at 1 16@ % Exchange was firmer to-day on the de. ILE cline of gold and increasing ease in money, and closed at 7 to 814. There was a weaker tone to speculation in gold to-day, and the AR price drooped from 118% to 117 % followed by a recovery to 1183, and subsequent re. action to 117 7,8, and closed at 118 @1181.8. PE Loans from flat to 7 for carrying. Governments opened firm at 1/8 to 1/4 advance on last Light's price. Market very steady all day. A large party of English farmers arrived The from Liverpool yesterday, being the first installment of a colony of several hundred ning families from Dorsetshire. Their destinaNew tion is Western Minnesota, where they have engaged six townships of land from(the buse Northern Pacific Railroad Company. goes The grand jury have found four indictments against William H. Merritt, assistant 18 of cashier, and three against James J. Peck, eve late receiving teller, of the suspended Bull's r of Head Bank. The former are for forgery and embezzlement, and the latter for grand ttee larceny and embezzlement. Both filed rgubonds for trial. The defalcation is said to fies. be $340,000. delThe Produce Exchange will adjourn over acts Good Friday. nall The Supreme Court has cut down the the claim of Charles Gindet, street paving conIent tract, from $31,532 to $13,200. He has acbad. cepted the decision. ,900 Edward Murphy and Michael Cannon were were each sentenced to twenty years' imbuld prisonment to-day for highway robbery. only - A

18. April 22, 1873 Chicago Daily Tribune Chicago, IL
Article from Chicago Daily Tribune, April 22, 1873

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NEW YORK. Beacher's Indian Sentimentnlity--Re. ligious Difficulties in the Jersey City Schools--Gamblers Arrested for Manslaughter-The Bull's Illend Bank to Resume--Summary End of a Libol Suit--Miscellancous Local News. NEW YORK, April 21.-Butch. Barclay, proprietor of a gambling-house in the Bowery, and Androw McIntyro and Jim Solzer, dealors, havo been arrested on the charge of fatally beating Horschol Mondelbaum, who, after losing $200, refused to pay for 8100 worth of checks, alleging, as a reason, that they had played the " skin, game." Mondelbaum belongs to a reputed fenco" family in this city. Henry Ward Beecher, in his sormon last night, invoked Tun Father of all mankind to remember in mercy the children of the forest whose pent-up wrongs lind driven thom to bloodshed and diabolical murder." The public school war in Jersey City is becoming bitter, and the interference of the School Board has been invoked. The latest discovery is that a Catholic pupil was sent home because he would not bow his head at tho rocital of the Protestant version of the Lord's prayer, or join in singing 'Tis the Heart that Makes the Home, written for and used only in schools, according to the teacher. The Bull's Head Bank resumes business on Wednesday next. The Receiver of the Ocean National Bank today sold seven second mortgage bonds of the Portage & Lake Superior Ship Canal, 81,000 each, for 5 per cont of the face value. The salo of the remainder of the bonds has boen postponed. The suit of George B. Davis against the Now York Times, to recover $50,000 for alloged libol, was tried to-day. Davis was put on the stand, when tho counsel for defendant objected to his testimony on the ground that ho was a convicted folon, and the Judge sustained the objection, thus ending the trial. The Tammany Society, to-night, elected the following Sachems for the ensuing year : John Kelley. John W. Chapler, Samuel J. Tilden, John Fox, Thomas Dunlap, Nathaniel Jarvis, Jr., A. Bram, S. Hewitt Abraham R. Lawrence, William C. Conner, Miles B. Andrews, Edward S. Donnolly, James B. Nicholson, William H. Wickham. A ourbetone broker named Charles G. Hamptou was arrested to-day for having in hie poesession 850,000 in Pennsylvania and Western railroad securities, said to have been stolen. Hampton was arrested while offering a portion of the bonds to Fitch, Otis & Co., Pino street, which were stolen from a Pittsburgh merchant.

19. April 23, 1873 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, April 23, 1873

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NEW YORK CITY. NEW YORK, April 22.-The case of Stokes was before the Supreme Court, to. a day, on a preliminary motion, as to proceedure in error. The Court will give a decision to-morrow, when the argument on the main motion will be heard. The number of passengers booked to cross the Atlantic this season is 213,000. A fire in the Immigrant Savings Bank building this morning burned out a great number of lawyers' offices, and made the closing of the bank necessary. John Fitzgibbons, for killing John Ohera, was sentenced to-day to imprisonment for life. General George C. McKec, ex-member of Congress, from Mississippi, was married in Grace Church, to-day, to Miss Anita Horteuse Camp, daughter of Benj. Camp, Esq. The Produce Exchange at a meeting today declared unanimously in favor of the bill now pending in the Legislature having for its object the funding of the canal debt. Arrived--steamships City of London from Liverpool, West Philadelphia from Hamburg, and Persia from Brest. Charles G. Hampton was arrested yesterday for having in his possession $50,000 worth of railroad bonds, and taken before a police justice to-day. A representative of Fitch & Otis appeared and stated that he represented Col. Phillips, of Pitts. burgh, owner of the bonds. The prisoner was committed to await a requisition from Gov. Hartranft. Mr. Sparks, agent of the White Star Line, has secured the certificate of the government officers of emigration at Liverpool that there were provisions enough on the Atlantic to last thirty-two days. Official documents were received showing that the quantity of coal on board when she left Liverpool was in excess of the average supply for ocean steamers. Capt. Williams, it is claimed, therefore, only used discretionary power in running for Halfax. Mr. Sparks says that the contiued confidence of the traveling public in the line is shown by the fact that of the 100 saloon tickets sold for the coming voyage only 8 have been returned. 54,489 emigrants arrived here since January 1st, against 46,783 the same time in 1872. The petition to have the Bull's Head Bank declared an involuntary bankrupt has been discontinued, on the payment by the bank of nearly $6,000 of accrued costs. A party of artists, men of letters and bankers assembled at Leo's Club last evening to dine and wish a pleasant voyage to Col. Thomas Knox, who sails for Europe to-morrow on the Minnesota.

20. May 3, 1873 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, May 3, 1873

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FINANCIAL. (BY TELEGRAPH.) NEW YORK. NEW YORK, May 2.-Wall-Street markets continuevery dull to-day. Gold has ruled lower than yesterday, all sales having been at 1161@116}. on gold loans the rates have been 5@g per cent. gold per annum and 1-32 per cent. per day for carrying. Foreign exchange is utterly demoralized, nominal rates for sterling remaining as yesterday, but rates for business being 108/@108 for sixty days and 109 @109} for demand. The money market is very stringent for call loan brokers having paid / @3-16@ per cent. per day The clearlog-house statement this morning show's violent changes incident to the preparations yesterday and the day before by the city and various corporations for the May interest payments. In addition to this natural dis urbance of the market, speculative manipulations have been resorted to to advance rates. Mercantile paper is temporarily neglected, and there is less gossip about banks. the last unfavorable rumors having been silenced by the clearinghouse committee who last evening examined the Manufacturers and Merchants Banks. The distrust which has been created by panic-mongers has less foundation than at any time for years previous to the Atlantic Bank and the Bull's Head Bank suspensions. Government bonds are down with gold. but at the decline are strong. Southern State bonds were dun and firm it the .. Board." The stock market was feverish early in the day. the greatest depression having been at the first Board," when C. C." and Word" sold at 317, and U. P." at 298. After Board, the market became strong and is so now. Telegraph has been exceptionally strong throughout. The other active stocks have been the Pacific Mail, it. Paul, Lake Shore, and New York Central. Tennessee's, 78; new, 78. Virginia's, 43: new, 43: consols, 527: deferred. 13. Louisiana's, 43: new. 40. Levee's, 8's, 50. Alabama's, 80: 5's. 55. Georgia's, 72: 7's, 86. North Carolina's, 25: new, 15: special tax, 12. South Carolina's, 30: new, 171; April and October, 28.

21. September 23, 1873 The New York Herald New York, NY
Article from The New York Herald, September 23, 1873

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Other Banks. A visit among the other banks showed also that matters had improved to a surprising extent. All panicky feeling seemed to have gone, people walked in and out in their usual manner, there were no "runs" and everybody appeared happy after the terrible strain of the past few days. The President of the Bank of Commerce, Mr. Vail, said that he thought the action of the government in buying the five-twenties was a wise measure and had done a great deal to relieve the pressure. The President of the Third National, Mr. Jordan, was of the same opinion, and he said that now all banks would, no doubt, go on in their usual manner. Mr. Morrison, of the Manhattan Company, was of opinion that the issuing of the loan certificates had done more than all else, and that it was the second time the measure had proved salutary. Mr. Kennedy and the Bank President also believed in the soundness of the measure, and others said that unless such a measure had been resorted to they did not see how the banks could have puiled through. The cash value of stocks was the best proof of the improved feeling. As all stocks had recovered splendidly, it told a good story of the confidence which was beginning to reanimate the whole mercantile and financial community. The officers of the Bull's Head Bank, No. 340 Third avenue, stated yesterday that the bank could not possibly be in a sounder condition than it is at present. As soon as the first alarm or danger had been heard the President of the. institution set about preparing for an emergency, and succeeded in placing the bank above every chance of being taken unawares, Up to noon yesterday there was a very slight run, but the demands were met so promptly that whatever fears might have been felt by depositors they were soon speedily dispelled, and during the rest of the day the confidence of depositors in the bank was apparent. The receipts yesterday were $122,000, against $61,000 ior the same day last week. The amount paid out yesterday exceeded that paid out on the same day last week by $11,000. The bank officers say that they were prepared yesterday to pay every dollar on deposit in the bank. As it turned out, the depositors having shown their confidence so plainly during the afternoon, this bank was enabled to help some other banking institutions that were somewhat pressed. The officials at the Broadway Bank, opposite the new Post Office, state, "No run and more expected deposits than usual." Importers and Traders' National Bank states, No run whatever and hope the press will not increase the panic." Merchants' Exchange National Bank-"No run and quiet as a Sunday." in the Murray Hill bank the deposits amount to about $600,000. Yesterday there was more money received on deposit than was paid out, and depositors, to judge by their absence yesterday, seemed to have confidence in the ability of the institution to pay all demands made upon it. The mone at the disposal of the bank is about twenty-five. or thirty per cent of the total amount on deposit. The Fifth National Bank was not disturbed yes. terday by the current rumors of panic or monetary distress. Business went on about as quietly as usual. Yesterday not more than $10,000 was drawn from the bank, a sum less than is usua on some Mondays. The total amount of deposits in the Fifth National is about $700,000, covered by twenty-five per cent of that amount, as is required by law. The Oriental Bank, 122 Bowery, has about $1,000,000 on deposit. It has a capital or $300,100, with a surplus of $340,000. According to the bank officials the deposits have increased $50,000 since Saturday last. Everything was quiet yesterday, full confidence being shown toward the instituton by the patrons. The Butchers and Drovers' Bank was as qilet yesterday as if there was nothing unusual gang on in the money circles. Not a semblance of a run occurred, and the bank officials had nothing to do but congratulate themselves that depositors had no fears.