14471. Third Avenue Savings Institution (New York, NY)

Bank Information

Episode Type
Run Only
Bank Type
savings bank
Start Date
October 1, 1871*
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
9d42169bffe79326

Response Measures

None

Description

The articles document recurring runs on the Third Avenue Savings Bank beginning in Oct 1871 and intensifying in Jan 1872. Throughout these reports the bank is repeatedly described as paying depositors (meeting demands), though under heavy pressure; officers assert solvency and refuse outside help, and Judge Barnard refused to appoint a receiver in Feb 1872. While later records (other articles in the corpus) discuss eventual receivership actions years later, the articles provided here show only runs and continued payment activity, with no definitive contemporaneous suspension or permanent closure. Cause is assessed as bank-specific adverse information (rumors/reports about insolvency, alleged defalcations and bad entries) rather than a discrete misinformation event.

Events (4)
1. October 1, 1871* Run
Cause
Bank Specific Adverse Info
Cause Details
October 1871 reports of withdrawals prompted by rumors/sensational stories alleging insolvency and rotten condition; state examiners' report alleged by press.
Measures
Bank paid demands in full without borrowing; trustees issued statement asserting solvency and that every demand had been met.
Newspaper Excerpt
The run on the Third-ave. Savings Bank by depositors... The run on the Third Avenue Savings Bank has ceased, and a portion of the money withdrawn is being returned to the bank.
Source
newspapers
2. January 5, 1872 Run
Cause
Bank Specific Adverse Info
Cause Details
Widespread alarm from rumors/reports of insolvency, alleged director defalcations and bad investments; press reports and market panic drove large withdrawal queues.
Measures
Bank continued to pay depositors throughout the day; limited hourly payout rates instituted; trustees solicited cash (reportedly had $2,000,000 cash and obtained additional funds), considered using 30-day grace on securities if necessary; police managed queues.
Newspaper Excerpt
The Run on the Third Avenue Savings Bank Increasing... The bank still paying dollar for dollar.
Source
newspapers
3. January 23, 1872 Run
Cause
Bank Specific Adverse Info
Cause Details
Ongoing depositor alarm driven by persistent rumors, litigation threats, and publicity about the bank's condition; episodic withdrawals continued into January.
Measures
Officers continued to pay demands; promised statements and examinations; bank resisted receivership petitions in court.
Newspaper Excerpt
The run on the Third Avenue Savings bank continues; but the number of frightened depositors have grown less...
Source
newspapers
4. February 5, 1872 Run
Cause
Bank Specific Adverse Info
Cause Details
After weeks of runs and legal actions (petitions to place the bank in bankruptcy), withdrawals diminished but the episode remained litigation- and rumor-driven.
Measures
Bank continued to meet demands; contested bankruptcy and receiver applications in court were resisted by bank officers.
Newspaper Excerpt
The run upon the Third Avenue Savings Bank was very light on Saturday...the officers are confident that [bankruptcy petition] will not be granted.
Source
newspapers

Newspaper Articles (25)
1. October 11, 1871 New-York Tribune New York, NY
Article from New-York Tribune, October 11, 1871

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NEW-YORK CITY. The steamboats Daniel Drew and C. Vibbard will be withdrawn to-day for the season. The run on the Third-ave. Savings Bank by closed. yesterday, after $250,000 had been withdrawn depositors. There was paid, yesterday, at the Tax Comsioner's office, $82,840 11 on personal property, making a total, thus far, of $1,382,777 25. The regular course of lectures at Bellevue evening Medical College will be opened this T. Lusk. with Hospital an introductory address by Prof. William The flags were floating over the City decla- Hall, in honor of the third anniversary of the of yesterday. ration of Cuban independence, and the birthday Father Mathew. The steam gauges in the cabins of the new ferry-boats Fulton and Farragnt, are matters of great curiosity to all the travelers on that line, and apparently profound mysteries to most of them. The German Women's Aid Association has $5.000 from the State in favor of the German received In addition, $6,188 was collected by the Treasurer Hospital. during month. The average number of patients each week was 77 An evening class for instruction in phonoshort-hand writing will be opened at the Mergraphic Library to-morrow evening, with Mrs. Eliza lessons, B. cantile Burns as teacher. The course will comprise 20 and will extend over 10 weeks. The Bar Association appointed last evening the following Committee of Fifteen to report such measures as they may deem advisable to secure the election of competent indicial officers at the ensuing Hand, Messra, Nicoll, Emott, Man, Crosby, ParSewell, election Southmayd, Ogden, Board Tremaine, BODS, Paris, Mitchell, Kirtland, and T. R. Strong. The German Brewers' and Coopers' Benevolent Association elected, yesterday, the following officers Vicefor the ensuing year: President, George Ringler: President, Mr. Schmitt : Financial Secretary, Trustees-Mexer Mr. Mayer; Recording Secretary, Mr. Freyberg: The Hueyfel, Fischer, Schimmelpfenniz. and Gunther. Treasurer reported a balance of $2,700. The promptitude with which THE TRIBUNE all published, in an extra edition, far in advance of competitors, the valuable reports of the Citizens' Committee was generally commented upon in newspa- enteryesterday, as piece of legitimate r circles, and au illustration of the vigor with which it prise. the Ring without indulging impotent personal lights abuse and charges that lack any legal evidence of their truth. The third anniversary of the inprising in favor of the independence of Cuba, was appropriately and enthusiastically celebrated yesterday by the Cuban residents in this city. In the morning a solemn mass was celebrated at St. Stephen's Church for fighting the repose for the of soule of the de eparted heroes who fell the cause. In the evening a large and demonstrative Cuban embled in Cooper Institute which was apaudience asse garlanded with flags and flow and propriately speeches by the warmest friends of the Lone listened to Francisco V Aguilera presided, aud read Star Republic. in Spanish to the meeting. The speakers an address Francisco Aguilera. Charles . were Ramon Cespedes, F Dugan of Brooklyn the Rev. 1 Dana. Enrique Pinegos, McMahon, F. Valdes Mendozo, George Brown, T. Palma, Major Gen. Haggerty, Wm. A. C. Ryan, and others. BROOKLYN. The Society for Improving the Condition of 15, Poor has received during the past year. $26.785 i and the expended $26,670 35, leaving a balance of $114 80. LONG ISLAND. 8 ISLIP.-W. H. Smith's residence, through the explosion of a kerosene lamp which his wife was carry ing up stairs was burned on Monday night. Loss, $3,000; insured for $1,700. JAMAICA.-Matilda Heberly age 30, applied for on a war the the arrest of her husband, yesterday, adulrant for that he had deserted her, and committed was ground tery with his daughter, age 13. The application granted. HUDSON RIVER COUNTIES. YONKERS.-Semon Medoul of No. 445 West Seventeenth-st., New-York, was seriously injured. on Monday morning, by being struck by a train of the Hud- Hos son River Railroad. Taken to St. John's Riverside pital. PLAINS.- -John B. Trevor and James B. Colgate of WHITE Yonkere have given $25,000 to the Baptist Church this place. NEW-JERSEY. JERSEY CITY.-The Republicans of the VIIIth District of Hudson County have nominated James Ryder for Assembly The Republicans of the IIId Assembly The District will hold a new primary, Friday night Democrats nominated Judge Rankie in the Ist and John Van Vorst in the IIId Assembly District. last night Mayor O'Neill still refuses to sign warrants Police in payment incurred on July The Chief of reports of bills collection of $4,722 50 in flues during the last quarter. the Edwards died, yesterday, in the Charity the Hospital, Thomas from the effects of injuries received on Cunard wharves, Sept. 9. PATERSON.- the County Court, yesterday, Charles child died special Taylor was convicted of kidnapping an illegitimate meeting of the which subsequently was called by theiMayor. last night, for Board of Aldermen the relief of sufferers at Chicago. The to take action meeting in the Wigwam for similar purcitizens held Collector reportsexpenditures.big.com during pose. The September County Chosen Freeholders Waterhouse to cona been have Committee appointed and fer with the Francisco Morris Canal Company in regard to straighth ening and widening the canal-bridges in Passaic County. Frederick and Mary Peck were convicted yesterday of stealing eight or ten tuns of coal the Delaware and Lackawanna Railroad Direct from communication with Newark via the Paterson The postal Newark Railroad was opened yesterday and County Democratic Convention nominated WilPassaic 8. Kinch for County Clerk yesterday. Mrs. Van liam of Vine-st. was thrown from her wagon in CarrollRiper Monday night, sustaining fracture of the arm. st., accident was due to the carele AMBRESS of a contractor, The who had blockaded the street with building materials. NEWARK.-The Grand Jury yesterday made a preof the New-Jersey Central Railroad Company, sentment it for negligence in the disaster at Brill's censuring July 8. Judge Depue said that the subject Switches on public interest, and the Court was gratwas one of great of invesGrand Jury had made it matter ifled that the Adolph Morlock severely wounded Frederick tigation. accidental discharge of pistol yesterday. Keifer by the W. Plume, Col. Gen. Runyon has detailed Gen. Joseph exM. Drake, and Col Wm Allen as Board for the J amination o officers Attidavits Mr. have Murphy been of presented High-et. to the Grand Jury charging ticket on the Newark and New with using ar another P. man's P. Baunders's drug-store was damYork Railroad by fire yesterday Letters of administration have aged $500 been granted ou the estate of J. Morris Keen, representing $50,000. PASSAIC.-An effort is making to establish a branch the New-York Mercantile Library, 60 of the 100 subof having been secured The Village Council has scribers Superintendent Rverson's last bill, amount ing paid Street to 411. and has not taken further action with regard to his removal. ENGLEWOOD Work on the Overpeak Canal has been The Atheneum Managers have ordered 852 New-York. begun. opera chairs, similar to those in use at Steinway Hall, HOBOKEN. Republicans held a mass ratification at Odd Fellows' Hall last night, Gen. Van Buren and meetin; J. W. Scudder making addresses. POLICE NOTES. Adna G. Underhill, age 35, of No. 226 West Fiftieth- breast committed suicide. last night. by abooting bimself in the left st. fire in the storage warehouse of J. W. Watkins, ID suped. at No A 120 Greeuwich-st. last night. destroyed goods worth $500.

2. October 14, 1871 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, October 14, 1871

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STATE BONDS-Very weak, Tennesee and new South Carolina leading the decline. STOCKS-The Stock Exchange presented an annimated scene during this morning, and the volume of business was large. Railway speсиlation opened with a buoyant feeling, and prices advanced from 1 to 3 per cent, but the announcement that a large operation in Reading & Philadelphia had falled precipitated the market into a state of depression, and the early improvement was lost. Reading was the weakest, and declined to 100%. During the afternoon it was rumored that the Commodore had loaned some leading operators $5,000,000, which started the market up once more, and the highest prices of the day were made. The market at the close was strong and higher. The Improvement ranged from 2 to 6 per cent, and was most marked in Reading, Lake Shore, New York Central, Rock Island, Ohio, and Western Union Telegraph. The dealings in Reading were very active at the close, and large blocks of stock changed hands. The run on the Third Avenue Savings Bank has ceased, and a portion of the money withdrawn is being returned to the bank.

3. October 17, 1871 New-York Tribune New York, NY
Article from New-York Tribune, October 17, 1871

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THIRD-AVENUE SAVINGS BANK. NEW-YORK. Oct. 16. 1871. The run upon this Bank having virtually ceased, without impairing the standing of the Bank, the Trustees deem it due to the depositors to state that the Bank has met every demand upon It without borrowing a dollar or accepting the aid offered by other institutions; that the Bank is perfectly solvent, and able to meet all its JOHN H. LYON, obligations. President.

4. October 21, 1871 Clarksville Chronicle Clarksville, TN
Article from Clarksville Chronicle, October 21, 1871

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t NEW YORK, Oct. 10.-The panicky state of the stock market continues, and fluctuations are wide, the average decline being three or four per cent. lower compared with last evening. Great excitement prevails.Many failures are apprehended. The banks are crowded. It is stated that fifteen insurance companies were winding up and closing business. CINCINNATI, Oct. 10.-The subscriptions for the relief of Chicago continue to flow in finely, and the amount of money being contributed bids fair to reach a quarter of a million dollars. THE generous action of Louisville, who, for her population and means, has contributed so royally, is commented upon in the highest terms, and warm praises of her magnimity and generosity are heard on all sides. NEW YORK, Oct. 8.-A sensational story is printed to day, that the 3rd A venue Savings Bank is insolvent, and has been in a rotten condition for two years. It is said that the State Examiners have reported the liabilities of the bank to be $483,000 in excess of its assets. G. M. Van Buren, U. S. Pension Agent in this city, was arrested yesterday, charged by Commissioner of Pensions, Byker, with being a defaulter to the amount of $11,000. He gave bail in $15,000 to appear for trial. Rumor says a civil suit has been commenced in the Supreme Court against James Fisk. Jr., by a lady whose name has been intimately associated with him. The affidavits in the case, it is alleged, expose much of the secret history of the Erie magnate, and show to what extent the Tammany ring and the Erie ring have united for plunder. The annual election of directors of the Erie road comes off on Tuesday.

5. November 29, 1871 The Abbeville Press and Banner Abbeville, SC
Article from The Abbeville Press and Banner, November 29, 1871

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under the ruins of the Chicago bunding. Dr. Hartmann, a prominent suits physician of St. Lquis, has brought for the Times of that city laying at fourteen thousand that while were out of order the against three damages water It is libels, said his the aggregate milkmen Chicago dollars, to their customers the milk everebjoyed in Hats of the kind just now richeat distributed that worn eityes by of ladies are said to be reproductions the styles worn for the last hundred years by the women of the Swiss cantons. It is said that the New Bedford merchants, who are rolling in wealth, greatly amused at the projects relief suggested are for their pecuniary disas in consequence of the whaling ter. Notwithstanding the report that Nathan house in Twenty-third street the is haunted, Mr. John Morrissey has boldly bought it, and, it is said, In will open it as a "clubhouse." which event, visitors may be sure they'll see DO ghost-noteven a ghost of a chance. General Grant has found a warm and ally in the London Times eulogist which, in its number of October the 31, "with satisfaction of General Grant to a election anticipates does second this of office." What mean? term It is hardly possible that the Thunderer" has fallen into that that silly delusion "The story arrange con: cerning the matrimonial and ments between Master Fred. Beatrice has any truth in it. And it looks as though the big trim- blus. yet tering journal of London were breeze. ming its sails to catch that It appears that, after all, the new evidence reported in the Tichborne has amounted to very little, Nearly trial all the sensational stories the London papers about new in the case are discoveries told in quite been unArthur Orton has not the found; true. the sailor who was on Bella with Roger Tichborne turns out to be a myth, and the trial must be fought on the evidence already little given, with the addition of a corroborted or contradictory testion each side. recent exposure by York press of the mony The daily reckless the York man. New agement of many of the New institutions for savings, beginning Bank the Third Avenue Savings of with now caused the suspension have more-the National Bowling two and Guardian Savings Bank which Green were compelled to close their doors on Saturday It is a signififact that the president of these cant Smith and "Boss" the leaders Tweed-were "banks-"Hank" respectively Democratic of the Republican and sides of the Ring that lately controlled the destines of New York. New York is thoroughly frighten- welInstead of one expected ed. visitor-the Grand Duke-she has come two unexpected and unwelcome ones-the cholera and small pox. have already noticed the arrival We the German steamship Franklin, of of cholera, at quaran. a harbor. Now comes fact that tine with no less in startling the cargo small-pox the in rapidly extending its ravages that is and the World asserts two hundred in the community fit there the city, are thousand subjects vacci- per- for sons the disease, never having been This seems to be treated as a serious matter by nated. more the cholera, New Yorkers than the advent of the they comfort themselves with be idea as that the cholera is not to dreaded in the winter. The experience of Russia in the matter of winter ravages of this plague do not, however, sustain this idea.

6. January 2, 1872 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 2, 1872

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THE INSURRECTION IN MEXICO ! Conversion of Tarks to Oatholicism General Summary. Market Reports. (Reported Expressly fort ABGUS.] NEW YORK, Dec. 1.-Jem Mace is out with s challenge to any man in the world to fight for $2,000 a side, or for any greater sau. The fight to be his last. Miss Morella Grey, of Greenfield, Ulster county. about 22 years of age, was on the 8th inst. taken by her sister, Antoinette Telber and Mary Hermon. of Ellenville, to the house of Dr. Foster Sherwood, of Hem owack, Sullivan county, to be treated, Sher wood having gained an unenviable reputs tion as an abortionist. OB the 13th, hav ing become liable to die on the doctor's hands, she was removed to Chatty Acker's garret, and after intense suffering, aggra vated by exposure and neglect. she died on on Christmas night. Sherwood took her on his back. carried her down stairs like slaughtered beast, and began preparing for her burial. The doctor's undue haste for her interment, and other circumstances, aroused the suspicions of the authorities. An inquest was held on Wednesday, and it was proved that she died of an abortion. Sherwood has fied. The seventy have sent a circular to the city senators and assemblymen, demanding speedy legislation for the removal of Mayor Hall. Archbishop McClosky to-day congratu lated his hearers upon the conversion of t 20,000 Mussulmen to Catholicism. The Third Avenue Savings Bank, which I withstood a run in October, will probably fail this week. To-morrow's papers will tell the story of the directors' disastrous spect relations, and show that when they reported to the state banking department that the bank had $210,000 surplus, it was really $50,000 worse than nothing, according to to one estimate, and $178,000 according to 8 another. Its embarrassment began with excongressman Wm. A. Darling's brother-inra law's $75,000 defalcation, and :his was fol lowed by a loss of $250,000 on Atlantich mail, in which at least one of directors was interested. A minority of the directors swear that the officers made false entries on or the books, sent illusory reports to the legis olature, and used the bank's fund for legisla tive purposes. Briefly, the institution is rotten. m to At a meeting of the Long Island city board of education, last night, a petition of ie a number of Catholic citizens for the repeal of the portion of the by-laws providing for the daily reading of the scriptures was un 8 animously denied. MATAMORAS, Deo. 31.-The revolution is advancing into the state of Tamaulipas. Gen. Quirogas insurgent appeared before Myer this morning in considerable t, numbers, when Gen. Cortinas troops, who have on 8. 30 is g will occupaargo, they occupied miles entrench distant, the and place, fight. where fell it back The supposed Camy tion of Myer by the rebels gives them a port ll of entry on the frontier to obtain supplies. s, MATAMORAS, Mex. Dec. 31.-The revolus, tionists under Quiroga entered Niger this is morning. The government forces have fallen back to Camargo without resisting y The town of Tulo has pronounced for the m revolutionists. This pronunciamento closes es all communication to the government forces ng between Tampico and San Luis. or Canalca has been nominated governor of the state of Tamaulipas. He is now er, organizing national guards to defend the state. SAN FRANCISCO, Dec. BI.-Advices from the city of Mexico to Dec. 7, and from Aca. pulco to the 22nd, are received. The gov ernment of Merclay is holding the revolutionists at Nuevo Leon in check, and using the whole available force to crush the Diaz revolt in Oaxaca first Several small enand gagements resulting. Diaz was compelled to per abandon the open field and retreat to the L city of Oaxaca. He was pursued by federal lly troops under Gens. Alatore, Racha, and Tigueros. The troops sent by Diaz to in vade Querroero under Jiminez were routed by Gen. Arce at Omelpec and driven back to Oaxaca with loss. , Querero and all the western coast, with ed the exception of Oaxaca and the port o Mazatlan, is quiet, and in the possession o the federal authorities. SAN FRANCISCO. Dec. 31.--A dispatch from San Bernardino says the Arizona Apaches.have left the Verdan camp, Mc mDowell reservation, and demand a camp a old Fort Reno. We may look for an Indian war in Arizona. The people have been to much oppressed to listen now to any Colye policy. WASHINGTON, Dec. 31.-The secretary o the treasury has authorized the assistan treasurer at New York to sell $1,000,000 in gold on the second and fourth Thursdays and to purchase $1,000,000 of bonds on th first and third Thursdaya during the month g of January ork, The conduct of the Spanish war steame in firing upon the Florida after she left S Thomas. is to beat once investigated. Th present unofficial advices indicate that solid shot was fired without the marin )., league, and therefore upon the high seas e If this prove true, a orisia may be suddenl

7. January 5, 1872 Gold Hill Daily News Gold Hill, NV
Article from Gold Hill Daily News, January 5, 1872

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Overland Dispatches SPECIAL to the GOLD HILL NEWS DOMESTIC INTELLIGENCE. NEW YORK, January 5.-In the case of the poisoning of Burroughs at Patson, N. J., the verdict of the jury WAS that Burroughs was poisoned by Libby Garrabrand. A letter from St. Petersburg says the unfriendly feeling toward Germany has quieted down in Russia, and sympathy for France has greatly died out. This is said to be due partly to the Thiers Government and partly to the conduct of the French themselves. A special from Grahl. N. C., states that the Grand Jury found indletments against the parties who hung the mulatto outlaw. They all fled. Eighteen others fled for whom Indictments were found. One party turned State's evidence. Andrew Boyle and Mike Scanlan were committed without bail yesterday for the rape of a girl twelve years of age, up town. IIJudge Brady, of the Supreme Court. cIn an elaborate opinion, decided to IScontinue the injunction restraining as Helen J. Mansfield and Stokes from vpublishing Fisk's letters. but permits Ither to use them in her suit against e. him. of BOSTON, January 5.--Gov. Washly burne was inaugurated to-day. His in message says the total debt of the he State Is $29,690,364. The Governor on thinks the prohibitory liquor law. reotpealed four years ago, was the best ed ever enacted for the suppression of the CO liquor traflic, and would like to see it a restored. Ho refers to questions afin fecting the interests of the Commones. wealth, and closes with a suggestion ut against special legislation. and favors ed short sessions. 13NEW YORK, January 3.-Judge Carre doza decides to accept surcties on rs Tweed's ball on condition that young ut Tweed's property be recorded. ss There is an immense crowd of deed positors, mostly poor people. at the xThird Avenue Savings Bank. The run le is being fully met by the bank. aThe steamer Florida is reported arnd rived off Charleston yesterday. An rt account of her treatment will be sent nat once to the Secretary of the Navy. atSr. LOUIS, January 5.-A dispatch m from Jefferson City states that the re Democratic State Central Committee, ato meet there next Monday, will issue ed an address to the people of the State erendorsing the passive policy, and cared nestly recommend that it be declared not the voice of the State in the coming to contest. The address will be signed ayby nearly all the Democrats in both the branches of the Legislature. for CHICAGO, January 5.-The Grand as Duke Alexis gave n public reception Wat the Tremont House last evening. in He received about 3000 curious citizens the who marched in solemn procession eir past him, the ladies generally receivin ingla shake of his hand, and the men oncontenting themselves with a stare. ntThe Duke and party left this morning ny for St. Louis. It 13 hardly possible of that the Duke will be able to visit nCalifornia.

8. January 5, 1872 The New York Herald New York, NY
Article from The New York Herald, January 5, 1872

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SHAKING UP A BANK. The Run on the Third Avenue Savings Bank Increasing-Slight Evidences of Alarm on the Part of the Officials-The Bank Still Paying Dollar for Dollar. The aspect of affairs around the Third Avenue Savings Bank was yesterday anything but cheering to the trustees, who declare that they have carefully protected the interest of depositors and labored incessantly to make It worthy of the confidence of the public. When the doors were thrown open yes. terday at ten A. M. there were present fully seven hundred persons, for the most part composed of well-dressed business men-who it is safe to say were large depositors--who at last had become alarmed at the prospect. The office of the institution was quickly filled to Its utmost capacity, and the work of paying out commenced, the police, who were well drilled in their duties by Captain Cameron, letting in new applicants as fast as those who secured their cash went out. During the early part of the day the teller paid at the rate of one per minute; but in the afternoon he relaxed his energy and paid at the rate of one every two minutes. About two o'clock Mr. Coal, one of the trustees, who had been absent in Connecticut, arrived, and, after a consultation with Messrs. Harrison and Bates, Captain Cameron was instructed to admit no more until those inside had been paid off, the trustees remarking that having paid out the day before three and a half hours more than the law called for their clerks were tired out, and they proposed to close promptly at three o'clock. The order was carried out, there being a half hour before that time 121 depositors within the bank and 203 without by actual count. The teller paid out slowly until three o'clock, when there were about fifty turned out unpaid and payments were suspended for the day, much to the disgust of the depositors, who complained at the tardiness of the paying teller, and took it as an mdication that the funds were giving out. Mr. Harrison assigned a very different reason-viz., that the paying teller was worked beyond his mental and physical capacity and forced to abate his energy. To say that the depositors were anxious is a mild term. They were panic stricken; and when they were turned away unpaid in the afternoon many remarked, "That 18 the end of it," "The bank will not open to-morrow," "My money's gone, sure." The officers of the bank, however are still confident and say that they have more money on hand; that they will open at ten o'clock this morning, as usual; that they received $250,000 more cash yesterday, and will not give up until forced to do so. They had. it is reported, cash on the first day of the run about $2,000,000, and secured yesterday $250,000, making total cash $2,250,000. They have paid out probably a million and three-quarters, leaving half a million still on hand. At the rate they paid out yesterday this will last to-day and part of to-morrow, and President Lyons hopes to raise a million more to-day. Still, as the deposits were when the run was inaugurated above seven millions, there are grave fears that If the demand 1or monev for the next two or three days is as great as it was yesterday the institution may be compelled to suspend for a few days to realize on its securities. Messrs. Lyons, Green, Bates, Harrison, Owen and Coal have been very active in arranging for the run, but yesterday they were not so sanguine as be. fore of their ability to withstand the snaking up the depositors are giving them. One of them declared that while they could obtain an abundance of money by makiag sacrifices of securities held by them as trustees of the savings of the poor, they would not rob thein by forced sales of stocks at rutnous rates, and would take advantage of the thirty days' grace If the exigencies of the case de manded it. It is likely that the run to-day will be large; but as not more than fifty per hour are paid, and there are but five banking hours, it Is safe to say that not more than 250 will be paid during the day. Consequeatly it will be very unlikely that any who arrive after eight or half-past eight A. M. and have falled to get near the head of the line can reach the paying teller's desk before the hour for closing. As yet no other banks have rendered assistance, and it was even reported on Wall street yesterday that the bank had suspended. To-day will likely demonstrate whether the institution can withstand the storm. If 11 be true that the bank has no bad debts, and that its assets exceed the deposits by nearly eighty thousand dollars, it is to he regretted that any person claiming respectability should strive to create distrast of it. il such a course is to be encouraged there is not a savings bank in the city safe.

9. January 5, 1872 The New York Herald New York, NY
Article from The New York Herald, January 5, 1872

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STOCKS WEAK AND LOWER, The stock market was weak and unsettled in the forenoon by the rumors of probable trouble with Spain, and finally gave way quite rapidly at the second board on the report that the Third Avenue Savings Bank had suspended. The real reason of the decline, however, was the sale of long stock by the clique operators, who are disposed to make a "bear" campaign as a sort of an intermediate diversion preliminary to the spring rise, and, doubtless, we shall see the veteran Mr. Drew selling "calls" on the market as readily as in November and December he was selling "puts." Moreover, the market was not in an advantageous position to make a good start in the spring speculation. Prices were too high to begin upon. The "January rise" was discounted in December, Meantime the future of the money market is not so clearly foreseen, and the late "Dulls" (now "bears") are not so sanguine of a relaxation with the January dividends. The banks own a fair amount of legal reserve, counting in their specie, but the elastic and available portion of it is only $40,000,000 of greenbacks against liabilities or over $200,000-that is, the banks hold less than 20 per cent of available legal reserve. The creation of new banks under the Fiftyfour million bill, the Chicago fire and the cancellation of about $25,000,000 of three per cents have been equal to a contraction of between twenty-five and fitty millions in the legal reserve of the banks of this city. The financial situation is greatly obscured, and does not exhibit so roseate a hue as the "bulls" would like, especially as the stringency in money may be severely aggravated by the efforts of other savings banks beside the Third Avenue to hold as much legal tender currency on hand as possible in order to be prepared for any "run." Under these circumstances the larger pools and professional speculators have sold out, and are disposed to see a "bear market" inaugurated and a decline in prices to figures which will furnisn'a more acceptable and popular basis for the beginning of the spring and summer specu-, lation. The course of the market will be seen in the tables of comparative prices and closin be street quotations. HIGHEST AND LOWEST PRICES. The following table shows the highest and lowest

10. January 6, 1872 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 6, 1872

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Rogues Falling Out! General Summary. Market Reports. [Reported Expressly for the ABGUS.] see NEW YORK, Jan. 5.-The Custom House investigation has commenced. C. F. Lewis, managing editor of the Evening Post, testified that he was aware of the personal misconduct of custom house officials. The surveyor has under him a number of inspectors of luggage who are in the regular habit of exacting and receiving bribes from owners of luggage. Witpess cited a number of cases which came under his personal observation, where inspectors demanded and received a fee for passing luggage He said District Attorthey Davis could supply the committee with plenty of evidence of fraud in the Appraiser's office. Mr. Lewis also mentioned that be had a conversation with Seoretary Boutwell three weeks ago, and told him what he knew of fraud and corruption among the baggage inspectors. and Boutwell replied he had investigated the numerous complaints against the department and never found one not tainted with corruption. Lewis stated that G.S. Ford refused to pay the exorbitant political assessment and was immediately relieved of the internal revenue collectorship of the third district of New York. Healso considerable heresay evidence. He on tenure act. gave gave his opinion the of office Andrew Boyle and Mike Scanlon were committed without bail yesterday, for rape on a girl of twelve years, up town. Crowds of depositors, mostly poor people, are at the Third Avenue Saving's Bank. The run is fully met by the bank. NEW ORLEANS, Jan. 5.-The extra session of the legislature, which met yesterday afternoon in response to the proclamation of Governor Warmouth, took a recess this morning. The excitement throughout the city has been intense all the morning. At an early hour the approaches to the hall were found strongly guarded by the Metropolitan Po3 lice, a line being thrown directly across the street on the east side of the state house, and at the corner of Canal and Allieous streets. No one but members of the legislature, state officers, and reporters, were allowed to pass. Soon after 10 o'clock a committee of state militia marched up Dryada street and stacked arms in front of the state house. There were on duty thereabouts about 25 a Metropolitans. At 10 o'clook the extra 0 session of the legislature re-assembled. Gov. Warmouth was in the hall of the 0 House when it was called to order, but soon after withdrew and sent in the following :

11. January 10, 1872 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 10, 1872

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d h THE LINE OF DEFENCE TO BE q ADOPTED BY STOKES II W b i p General Summary. f 1 c t Market Reports. 8 t J . [Reported Expressly for the Amgus.] 1 10+ e @ LONDON, Jan. 9.-The city journals, b theirarticles on theassassination of Fisk, cite in t the cases of Richardson and Crittenden, and attribute the frequency of such deeds to the peculiar civilization of America. NEW YORK, Jan. 9.-Stokes continues at the Tombs, apparently cool and collected. The Fisk inquest was and this afternoon. The Grand resumed begun yesterday porter of the Central Hotel testified to picking up the bullet which Capt. Byrne of the lice identified, as he did also the pothe body on the sofa found staircase. by near pistol the Two barrels were discharged. Dr. Fribler teatified to the Fisk: that the one in men wounds of character the of abdo- the was necessarily fatal Probing for the e bullet had nothing to do with it. Fisk's e ante-mortem statement was given despite the objection of the prisoner's counsel. Dr. Marsh read the result of the post mortem, a and produced the ball. He also thought le the wound necessarily fatal. a Counselor Graham persisted that it was burlesqueing justice to give the case to the jury without allowing it to be proved that was armed and as to take as 5, but the Coroner Fisk Stokes, ready declined to life 0 any and left the case to the 2 retired at o'clock and 7:50 The exception. jury at jury. take e submitted the verdict that Fisk came consequence of & wound or by a ball or balls from a inflicted death in pistol wounds to his in R the hands of Edward S. Stokes, discharged by him in a deliberate manner at the person Hotel. of the said Fisk, at the Grand Central The Coronor committed Stokes to the t T ombs to await the action of the grand 8. jury. His counsel urged the Coronor to g case before either of the send juries the grand not now in session, on account of the ly III present public excitement, and said be by the act which the s justified can be sent says papers was to the next term of the grand k, jury. The District Attorney said by the is next term was understood any part of the current term. The Coronor reserved his y opinion. m Miss Mansfield's house is closely guarded es by officers under orders of the Coroner to ng prevent her leaving it without his special or permission. roMayor Hall publicly announced to day that private affairs will prevent him attend ing to the duty of his office during at least President of the Gen. John he TH a aldermen, not week. The Cochrane, says, board will of le as Mayor until his notification shall be revoked. This step is regarded as a preliminary to ' Hall's actual resignation. The run on the Third Avenue Savings Bank continues. $1,350,000 has thus far been paid cut. The President says the money despositors sold the bank books at the rate of 75 per cent. Eleven deaths from small pox today. Charles J. Perry Mayor of Hoboken shot himself in the head this afternoon flicting a mortal wound. Despondency i supposed to be the cause. NEW York, Jan. 8.-A Herald's special dated London, Jan. 8th, says; "In con sequence of the understanding with the United States, England and Germany for the suppression of piracy in Chinese fleet attacted the Molacco group. for the ters, island the of Spanish Gilalo, pur wa a nati. pose of punishing the piratical Sultan, T SE, Several forts were demolished, an numerous palace. bombabells struck the Sultan Jan. 9.-A last night stated that a er, troops, with near the State House to 188. New ment threatened stationed NEW Orleans of YORK, federal dispatch cannon, repel fro reg wer th attack from the Lafayette squa made mob. The State House is filled with altimilitia are in tw nned hundred police. The citizens arms, and arme have mustered as milit vents guard at the Governor's office. r, WATHIGGTON, Jan. 9.-A private lett

12. January 11, 1872 New-York Tribune New York, NY
Article from New-York Tribune, January 11, 1872

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NEW-YORK CITY. The investigation of Harbor-Master Hart's case was adjourned yesterday until 10 o'clock this morning. The run on the Third-ave. Savings Bank continued moderately yesterday, the few depositors who applied being promptly paid. The bark Kedron, arrived yesterday from Shanghae, reports a alight earthquake shock Nov. 17, in latitude 13 S., longitude 14 W. Capt. Do Groot's statute of Franklin was erected yesterday, on the pedestal in Printing-house= square. it will be unveiled Jan. 17. Wm. W. Todd, a wealtby and respected merchant of this city, died suddenly on Tuesday in his 91st year. He was for 49 years one of the trustees of the First Baptist Church. The heads of the various Departments and many of the Aldermen and Assistant Aldermen called upon Gen. Cochrane. yesterday, and congratulated him upon his position as acting Mayor. The Committee appointed by the Bar Association to lay before the Legislature a memorial upon the judicial corruption prevalent in this city, left for Albany yesterday afternoon, expecting to return tonight. The Temple Emanuel Library, which is composed chiefly of old works in the Hebrew and Greek languages. was formally opened to the public last evening by its President, Mr. May. It will be open hereafter on Monday and Thursday evenings. The Staten Island ferry-boat Castleton, running to the north side of the island, was seized yesterday and placed in charge of Government officers, for noncompliance with the steamboat law, passed by Congress Feb. 22, 1871, and particularly for not having a steam recording gauge. The penalty is $500. The rumor that the Vice-Presidency of the Eric Railroad Iras been tendered to Gen. George B. McClellan, is untrue. A prominent Erio officer stated to a TRIBUNE reporter last night, that it is very improbable that such an offer will be made, and that the probable successor to James Fisk, jr., has not yet been named. In the United States District Court, yesterday, in the case of Thomas Hyslop, assignee in bankruptey of Ely Hoppock agt. Ely Hoppeck, Caroline, his wife. and Erastus S. Brown, Judge Blatchford granted the motion to set aside the order pro confesso, and denied the motion to set aside the subphena. He also denied the motion to appoint the plaintiff as receiver in the case. BROOKLYN. The Prospect Park Commissioners have asked Mayor Powell to issue $200,000 worth of bonds. at seven per cent interest. to defray the expenses of improving the public parks. The Brooklyn Board of Water and Sewerage Commissioners awarded, yesterday, the contract for constructing the new storage reservoir in Hempstead Valley to MOSSTS. William C. Kingsley and Keenan, for $1,187,725. LONG ISLAND. HEMPSTEAD-The Hempstead and New-York Railroad remained in the possession of its stockholders yesterday, the agent of the Brooklyn Trust Company not making any attempt to renew hostilities. Mr. Pussey. who trea two pistol shots at the retreating locomotive on Tuesday, was held in $2,000 bail by Justice Kellam. NEW-JERSEY. JERSEY CITY.-An incoming train on the NewJersey Railroad dashed into a train on a side track yesterday owing to a wisp aced swith, but the passengers escaped without serious injuries. HOBOKEN.-Councilman Dettering of the Second Ward died yesterday The Special Committee on Consolidation discussed a draft of the proposed charter, last evening, and voted to submit copies to the ward committees and townshipa. PATERSON.-In the Circuit Court, yesterday, the suit of McGregor and Post against the Erie Railway Company, to recover overcharges on freight, was decided in favor of the plaintiffs. One hundred and fifty-eight cases of a similar character remain to be tried. NEWARK.-Cowell's carpenter shop, in the Fifteenth Ward, was burned, yesterday; loss, $2,000; insured for $1,200 A petition will be presented to Gov. Parker for the pardon of Botts, on the ground that Mrs. Wilson is his wife.

13. January 12, 1872 New Orleans Republican New Orleans, LA
Article from New Orleans Republican, January 12, 1872

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NEW YORK Journalists Welcoming James BrooksCustomhouse Investigation - Election Inspectors Indicted - Hotel BurnedMiss Mansfield's House WatchedGeneral Order, Warehouses and Steamships. NEW YORK, January 11.-A large number of journalists and others have gone down the bay to. welcome Hon. James Brooks from his journey round the world. The retrenchment committee continue to unearth doubtful practices in the New York customhouse. The Seaside House, at Rye Beach, burned, The grand jury has indicted twelve election inspectors, who were bailed in $500 each. The run on the Third Avenue Savings Bank has somewhat diminished. Miss Mansfield complains to the police that her house has been watched day and night since the murder of Fisk, by strangers, and that she can not go out for fear of personal violence. The steamship lines are moving before the retrenchment committee for general order warehouses under their control. Money, in the forenoon, was strong at 7 per cent gold on call loans, but closed easier. Sterling 91/8@14. Gold 108% D 108% Governments dull; sixes of 1881, 111: five-twenties of 1862, 10934: 1864, 110; 1865, 110 % new 110; 1867, 111 1/2: 1868. 111 1/2; ten-forties 1097. State securities-Tennessees very firm, 63 7/8, new 64; South Carolinas, new very strong, 251/4, old 50; Virginias 76, new 54: Louisianas 52, new 50; levee sixes 60, eights 70; Alabama eights 90, fives 60; Georgia sixes 70, sevens 80; North Carolinas 32, new 15 1/2. The New York Yacht Club are making preparations for a cruise to Russia next summer, by invitation of the Grand Duke. The new operating room of the Western Union Telegraph Company's principal office, No. 145 Broadway, was occupied this afternoon, five months' time being well spent in its preparation; for it is, beyond doubt, the finest room of the kind in the country. The officers of the company have expended money lavishly in providing for the comfort of their employes, and have evidently taken advantage of all improvements of which time and taste have demonstrated the value. Four o'clock was the hour appointed for the of the new quarters, and a transfer quite operators number to of their invited guests were then on hand to witness the event. Many of those present deubtless feared that at the critical moment some unlooked for hitch might interfere with the prompt use of the room, but at half-past four o'clock President Orton called the company to order, the operators having a few minutes previously filed to their new stations, and in a few well chosen remarks opened the room for business. Mr. Orton congratulated the employes of the company upon their possession of the new quarters, which, he said, were the fruit of twenty-five years' experience, and which are really a marvel of taste and elegance. He praised the operators for the cheerful assiduity with which their labors had been performed, and said that if they do as well in future as in the past, the company will be ready to meet all demands of the public, and to remove all danger of governmental interference with the telegraph. At thirty-two minutes past four every man was at his work and the change of officers was complete. Among the improvements of the new room are a splendid nickel-plated switchboard, so nicely arranged that wires can be changed from one instrument to another in an instant; complete sets of new desks and instruments, and the use of steam in running printing instruments and copying department. Wires are laid under the floor in cables. and the great room, 120 feet in length by 30 in width, is, to the outsider. filled only with desks, at which upward of one hundred operators are writing to the clicks of small machines which have made the name of Morse illustrious throughout the world. Great credit is due to Hon. William Ortor, General Superintendent Thomas T. Eckert. District Superintendents A. B. Chandler and J. C. Hinchman, Manager A. S. Brown, and Messrs. Downer, Dolan, Applebough, Small and others, for the manner in which the new room was arranged, and the almost inconceivable rapidity with which the transfer of the operators was accomplished.

14. January 13, 1872 Public Ledger Memphis, TN
Article from Public Ledger, January 13, 1872

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NEW YORK. NEW YORK, January 13.-The Russian fleet, now in this harbor, has been ordered to Pensacola. John C. Heenan arrived here per steamer Algeria yesterday. He returns for the purpose of investigating the reports connecting his name with the voucher robbery and city frauds. Hon. John D. Baker, of Philadelphia, the newly appointed Minister to Turkey, arrived here yesterday, accompanied by his family. They sail for Eurone on Monday It is stated, on good authority, that Mayor Hall has determined not to return to his office, and Alderman Coledrane will administer the duties of Mayor for the remainder of the term. There are now in the Tombs prison twelve prisoners charged with murder. The grand jury found an indictment against Stokes for the wilfull murder of Stokes. The run on the Third Avenue Savings bank continues; but the number of frightened depositors have grown less, and only a short line is now formed in front of the bank. A promised state ment of the officers of the bank will be published Monday.

15. January 27, 1872 The Wheeling Daily Register Wheeling, WV
Article from The Wheeling Daily Register, January 27, 1872

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NEW YORK. Caleb Cashing. NEW YORK, January 26.-Hon. Caleb Cushing, counsel for the United States before the Geneva Conference, arrived in town yesterday. He sailsfer Europe to-morrow. The Depositors still continue persistently to run on the Third Avenue Savings bank. The new Bank Examiner, William H. Mergh, will commence an examination next into the state Monday of his of inves- the savings banks. The result will be first to tigations reported Washington. the head of the department at The Baxter Hop. The thirteenth annual Baxter Hop took place at the Academy of Music last night The toilettes were superb. well known Many politicians and leading citizens were present. Cuban Affairs. A Herald special from Madrid says that during the session of the Cortes yesterday, Senor Dian Quintera called attention to Cuban affairs, asserting Cuba that it time for Spain to cede was the quite United His words to States. were hooted down by the whole house. Evacuation of French Territory. The Herald special from Paris says: Thiere, is endeavoring to secure'the'complete evacuation by the Prussians of French assent territory. Bismarck milliard willl francs on condition that a be France to paid by Germany earlier than stipulated. Laud Grants-Bauquet to ButlerThe Nomination of Hale-Reeep tion by Belknap. The Tribune's special from Washington states that the Senate committee on Public Lands has resolved to act on no land grant bills this session until passed by the House. General Butler was the recipient of a huge banquet from the woman suffrage marched to Capitol agitators. They the the twenty strong and filled Diplomatic galleries alter the presentation. A Times special says: The Senate committee on not to have the name asked Foreign Relations of Charles have P. Hale made a for certain from request withdrawn. information They have will be the State Department, which forthcoming to-morrow. On Tuesday evening, January 30, a Secretary Belknap will Princeton give reception College. to Dr. McCosh, of The invited the resident ot college guests will be in the the graduates District of Columbia and Alexandria. Sporting. At a meeting of the Atlanta boat club last night it was resolved to send a challenge to the London Rowing club to row a four oared shell race, in England, in June or July next. The secretary was authorized to send the challenge by the next mail and funds were subscribed on the spot to pay the expenses of the voyage to England and return. The London Rowing club is the chumpion amateur club of Great Britain and the Atlanta holds the same position in the United States. noon on At to-day Harry Hill, in behalf of Jem Mace, placed a deposit the hands of Frank Queen, for O'Baldwin to cover in their proposed fight for the of the who is out west, have championship O'Baldwin, world will of $2500. the articles of agreement sent to him for his signature. The Grand Jury is in session to-day, but have brought indictments. To-morrow mornthe in ing no long looked for indictment will probably be made known. Sale of Printing Materials. The Sheriff's sale of the property of the New York Printing Company took place was a number of printers, type founders large today. It attended by and book binders. The machinery was knocked down at $15,000 and the establishment of the company on Twentyfirst street: at $40,000. NEW JERSEY.

16. January 28, 1872 The New York Herald New York, NY
Article from The New York Herald, January 28, 1872

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THE THIRD AVENUE SAVINGS BANK. The Numbers Increasing-A Saturday Night Rush-Yesterday's Withdrawals Small and Payments Slow. The twenty-third day of the run upon the above bank closed with very poor prospect of an abatement of the excitement. There were admitted yesterday at ten A. M. 151 persons, who were quite orderly, but the faces down near the rear of the line betrayed great trouble and vexation of spirit. The doors were kept open during the day, and there was free ingress and egress for all. Many who abandoned all hope of being paid before three o'clock left in disgust for their nomes. The payments were very slow, as follows:-First hour, eleven; second. nineteen; third, eleven; fourth, sixteen, and fifth, eleven. Total persons paid, sixtyeight. There were probably twenty extra books, which would swell the payments to eighty-eight in the tive hours. As early as eleven o'clock several needy depositors, who were more anxious than others, left the interior and took places in line outside, BO as to be admitted at six in the evening. President Lyon, however, did not see nt to accommodate them, and drove them away, insisting that they must leave or enter the bank. At three o'clock, however, when the bank emptied the unpaid into the street and the police had retired, many took positions, and at SIX there was a crowa of between 150 and 175 very indignant depositors, who claimed that they had the right to form in line wherever they chose. When the doors were opened there was a violent rush, but a platoon of police under Sergeant Rooney and roundsmen kept them in line until they were within. The total num. a ber who entered at night was 187, large increase over previous nights. In the first hour there were but twelve persons paid, but a few extra books also. The sums drawn out yesterday were generally small, and probably the total did not exceed thirty-five thousand dollars. The police founa in the lines a number without books, who were acting as paid substitutes, and expelled them. The people seem as determined as ever to draw out their savings, and the officers still assert that they are ready for all who apply. The speculators kept very quiet during Friday and Saturday, and some people from the country, despairing of being paid, could find no purchasers.

17. February 5, 1872 New-York Tribune New York, NY
Article from New-York Tribune, February 5, 1872

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BANK DEPOSITORS' GRIEVANCES. About 1,300 depositors have signed the petition protesting against placing the Market Savings Bank in bankruptcy. Mrs. 8. F. Mackey's petition to have the bank thrown into bankruptcy came up before Judge Blatchford on Saturday. Counsel for the bank stated that he had arranged with counsel for the petitioner for an adjournment for one week. Two new petitions of a similar nature were presented and pronounced imperfect in form. James H. Montfort of Green Vale, Long Island, called upon a member of the Depositors' Investigating Committee on Saturday, and stated that several days before the failure of the bank. Mr. Van Name told a mutual acquaintance of the critical state of the bank. and said that he had withdrawn his account. In addition to this, Mr. Montfort affirms that Mr. Van Name advised several persons residing in Green Vale to withdraw their deposits, and told the teller to inform his friends in Green Vale so that they might withdraw their money in time. Mr. Montfort states that 15 persons withdrew their deposits some four days before the collapse, others on the day previous, and two. he affirms, were quietly admitted into the bank the day of the failure, when it was closed to the public, and received the amount of their deposits in full. The President, Mr. Van Name, denies the charges. A meeting of the depositors of the bank will take place to-day, in the First Dis trict Court. Mr. Worth, the receiver, is expected to be present and to address the audience on the condition of the bank. The run upon the Third Avenue Savings Bank was very light on Saturday. the number of people about the building and the amount of money withdrawn being much smaller than on any day since the run began. Many of the depositors drew out portions of their accounts, and others withdrew their interest only. In reference to the petition in bankruptey, filed against the bank on Friday. the officers are confident that it will not be granted. They characterize the proceeding as entirely malicious, and done at the instigation of the party of disappointed politicians who wanted to control this bank, and, failing in which, they have used every dishondrable means to effect its ruin. The Eighth National and Stuvvesant Banks' depositors meet to-day.1 to consider the condition of their banks, the prospects for the payment of dividends, and the prevention of bankruptcy proceedings. Judge Blatchford heard the motion of Aaron May, on Saturday, to have the Bowling Green Savings Bank placed in involuntary bankruptcy. Counsel for the bank said that a judgment had been obtained in the State Court against the bank, dissolving the bank before service in the bankruptcy proceedings had been made upon the Secretary of the bank. The Court held that the service was defective, as, there being no bank. there could be no Secretary, and an adjournment was had to give the petitioner time to make service by publication.

18. February 6, 1872 The New York Herald New York, NY
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THE TIHRD AVENUE SAVINGS BANK. Singular Application for the Appointment of a Receiver of the Baak-Frompt Action of Judge Barnard. A singular application was made yesterday in the Supreme Court Chambers, before Judge Barnard, for the appointment of a receiver of the Third Avenue Savings Bank. The application was made by one Mr. Flynn. "I never heard of such a proceeding, said the counsel for the bank. "as asking the appointment of a receiver for a bank that is promptly and fully paying all demands made upon it." "Nor I either," said the Judge. "How much does the bank owe this man Flynn " "Just $255, answered the bank's counsel. have offered it in Court, but the money wont be accepted." "Pay the amount over to Dick Bemish, the clerk," quickly spoke the Judge; "I guess he will receive it." "All right," said the counsel, and the money was counted out to Mr. Bemish, to the astonishment and delight of the crowd of lawyers and others filling the court room. The Judge, who seemed to be in an unusually jocose mood, appointed Mr. Jacob Valentine as recelver in two cases. "There is nothing to receive," he said, apologeticalif, "in one or the cases, and for this reason I appoint Mr. Valentine, Chief Crier of the Court, as receiver."

19. February 8, 1872 The Wheeling Daily Intelligencer Wheeling, WV
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NEW YORK CITY. NEW YORK, February 5.-The Times reaffirms that Hall was indicted yesterday and that the indictment will be presented next Saturday. The Tribune, however, says Hall has not been indicted. The investigation of the printing frauds at Albany shows that the State printers regularly subsidized the clerks of the House and Senate. One, Armstrong. got twenty-five hundred for work put into the hands of the Argus company. A small sum, three hundred dollars, was paid Hiram Calkins as a present. Edward R. Phelps got ten thousand for lobbying for Weed, Parsons & Co. Gross frauds in the printing contracts of the New Jersey Legislature are reported. It being asserted that the public printing which now costs nearly ninety thousand, can be done equally well for twenty-five or thirty thousand. Roswell H. Jerome, the son of an alderman, died yesterday from an over dose of opium to quiet his nerves prostrated by liquor. His mother has become ineane and his father is very ill. M. D. Marxen has been held for action by the Grand Jury as a smuggler of watches and jewelry. The annual dinner of the Harvard Alumni will be given at Delmonico's on the 21st. The Treasury to-day paid $91,000 for the 5-20g redeemed, and $56,000 of the January and February interest. The jury in the case of the Panormo murder, rendered n verdict that John B. Panormo came to his death by compres. sion of the brain from injuries inflicted by some person or persons to them unknown, and we very much blame Marvin, the apothecary, for not showing any willingness to do what ought to have been done to aid the suffering person, to whom he so easily could have offered assistance, and we recommend the proper;authorities to increase the police force, as we deem the present number inadequate to the t proper protection of the lives and property of our citizens. It is rumored that the Grand Jury have been summoned to meet to-morrow e to reconsider the vote or indictment of e Mayor Hall, which is said to have been carried by a bare majority. Judge Barnard has refused to appoint a receiver for the Third Avenue Savings Bank, on the ground that it is perfectly sound. An attempt was made last night to rob the house of John Graham, Esq. The thieves were arrested and committed for trial. It is believed they were employed 8 to destroy certain papers in Mr. Graham's possession, bearing on Stokes. 8 A number of persons, prostrated with the small-pox, were found at 123 W. 31st e street to-day, and sent to the hospital. The Board of Health ordered an examination of all the city railroad cars, and other vehicles, etc., to see if they are detrimental to health.

20. February 8, 1872 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, February 8, 1872

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News from New York. New York, 7. The jury in the case of the Panomo murder rendered the verdlet, "that John B. Panomo came to his death from injuries inflicted by some person or persons unknown, and we very much blame Mr. Marvin, the apothecary, for not showing any willingness to do what ought to have been done to any suffering person to whom he could 80 easily have offered assistance; and we recommend the proper authorities to increase the police force, as we deem the present number inadequate to the proper protection of the lives and property of the citizens of Brooklyn." It is rumored that the grand jury is summoned to meet to-morrow to reconsider the vote on the indictment of Mayor Hall, which is said to have been carried by a bare majority. Judge Barnard has refused to appoint a receiver for the Third Avenue Savings Bank, on the ground that it is perfectly sound. An attempt was made last night to rob the house of John Graham. The thieves were arrested and committed for trial. It is believed they were employed to destroy certain papers in Graham's possession bearing on the Stokes murder trial. Seven persons prostrated with the small pox were found at No. 123 West 31st street to-day and sent to the hospital. Mayor Hall announced to the street clearing commissioners to-day that contractor Brown was willing to relinquish the contract on certain conditions." The annual dinner of the Harvard Alumni will be given at Delmonico's on the 21st instant.

21. January 23, 1876 The New York Herald New York, NY
Article from The New York Herald, January 23, 1876

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THE COURTS. The Receivership of the Mutual Benefit Savings Bank. Unsuccessful Effort to Remove the Receiver. Liability for Possession of Counterfeit Money. An effort is being made to remove Mr. Aldrich from his position as receiver of the Mutual Benefit Savings Bank. A motion to this effect was made yesterday before Judge Donohue, of the Supreme Court, the moving parties being an executive committee appointed at a meeting of the depositors. It was urged for the motion that Mr. Aldrich has been grossly negligent in conducting the affairs of the bank; that he is an incompetent officer; that he refused to allow an expert to examine the books for no other reason, as is alleged, than to protect the officers and trustees of the institution; that he examined, in 1873, several banks, and, among others, the Third Avenue Savings Bank, all of which have failed; that his report of the condition of the last named institution was incorrect in many particulars, and that he is, in fact, unfit to hold the position. On behalf of Mr. Aldrich it was contended in reply that there are other creditors beside the depositors; that the plaintiffs do not represent all the depositors, and that two of the men appointed on the examining committee disaprove altogether of the proceeding. He denies that he was appointed at the instance of the trustees, but says he knows his appointment met the approval of the Bank Department. He denies as broadly as the charge was made that his reports of the other banks were incorrect; that as to the report of the Third Avenue Bank, he was selected as one of the examiners, not on account of his knowledge of figures, but for his legal advice as to the validity of titles and agreements, and that in a great measure he had to rely on the judgment of his associates as to the accounts. He denies all the charges in the complaint and says he is continually in receipt or communications approving of his course, and when he has paid the first dividend, to meet the most pressing wants of depositors, he will have an examination by an expert, and is perfectly willing that the Court should appoint such expert. After hearing the argument Judge Donohue promptly rendered his decision denying the motion.

22. March 4, 1876 The Sun New York, NY
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Messre. William A. Darling and Spencer K. Green in the Tombs Police Court. Justice Duffy sat in the Tombs Police Court yesterday afternoon, to hear the testt. mony against William A. Darling and Spencer K. Green, accused of perjury in swearing to a statement of the condition of the Third Avenue Savings Bank. Mr. Ashbel P. Fitch appeared for the depositors, Messrs. Abraham Wakeman and ex-Judge Dittenboefer for Mr. Darling, and Mr. George Sewell for Spencer K. Green. The first witness was Col. Sellers, abookkeeper in the employ of Mr. Hurd, the receiver. Mr. Seweil earnestly objected to the certified CO of the report sworn to by Measts. Green and Darling, and on which the complaint was based. Mr. Fitch-TI paper bears on its face the seal of the banking department. Mr. Sewell- can make the seal for one dollar any time. The document itself should be here. or the law authorizing copy of It should be cited. Mr. Fitch-Tha on March 14. 1871, Darling and Green made a report, and that this 10 a copy of that report there A no more question in the minda of these gentle. men than that they are here to-day : but their alio 19 to raise as many technical objections as possible. in order to prevent the merita of the case from Deing heard. The Court decided to admit the document. with the understanding that the prosecution would either produce the original or properly authenticate the copy. The statement was signed by Spencer K. Green, President. and William A. Darling. Secretary ad interim, and stated the whole amount due depositors to be $5,959,369.83 I The amount stated in the depositor's ledger as being due to depositors on the 1st of January, 1871, agreed with the statement. Mr. Dittenboefer objected to Mr. Fitch asking the witness what the duties of secretary of a bank were. The next witness was Benjamin A. Macdonald. expert accountant. Mr. Dittenhoefer argued that perjury under the law could only be false swearing as to such items as the statute required bank officers to state. Mr. Fitch said that the whole of the report must be correct. and that if a dollar is wilfully and wrongfully stated it is false swearing. Justice Duffy-The Court 1901 opinion that any statemeat made to the bank officials that would mislead the bank officials or the people as to the condition of the bank would be perjury. Justice 18 not supposed to kointo nice points-he is to And whether there is probable cause. 1 wish couse to avoid technicalities. Mr. Macdonald pointed out several discrepancies between the statement and the real condition of the bank. In 1868 the amount of $100,000 was added in alump to the value of the real estate. On Dec. 31, 1870. the e was a JOUS entry of $106,596.29 on premium ount. which was exounged on Jan. 4. This f lso item did not appear, reme uber, in the amended report of March it, 1871, on which the prosecution 18 bason hereport contained a false entry of $118,127.56. as interest due and uncollected, when in fact there was no such item In the books. and no such item of interest. The item should properly have been charged to profit and los4. The entry began in 1868, and was an absolute loss, sustained through investment In Adlantic Mall 800. Its entry as asset, when In 11 wasa total loss, made a difference of $296.000 in the actual condition of the bank The statement also contained an Item of $33.373.98, surpius of interest and profit in 1870, when in fact there was a deficiency of $45,589.95. The witness read a report of a meeting of the trustees. April 6. 1867. in regard to the Lee defalcation. At that meeting a committee reported that they had employed Wm. M. Evarts to communicate with Mrs. Lee, who was surety for the defaulter. and they recommended the acceptance of $8.000 in settlement. The trustces voted to accept $6,500. At that meeting were present Messrs. Green, Owens, Winter, Kelly, Cooper, Marshall, Darling, Bates, Bibbins, Dunn. and Marsh. Oa May 11. 1857. the committee reported that Mrs. Lee had paid the amount, and the trustees voted to place It in the hands of the President and Secretary as a "contingent fund. There was no entry of the receipt or payment of the money. Mr. Fitch asked the witness what connection Mr. Darling had with the bank. Witness-Mr. Darling was Auditor, air Mr. Wakeman (interrupting) What do the books -what do the books show Witness- The entry 01 his salary, sir. Mr. Wakeman-To he received pay is no proof that he filled the position. Justice Duily 1 think it is very good evidence. Mr. Fitch-Does Mr. Wakeman wish to show that he received a salary without doing the work? Owing to the absence of books the prosecution was unable to go further, and asked for an adjournment until this morning. The defence asked until Monday morning. Justice Duffy said that he would continue the examination from day to day. The time within which the defendants could be indicted would expire on the 14th of the month, and should he decide to hold them. the papers must be sent to the District Attorney's office before that date.

23. March 4, 1876 The New York Herald New York, NY
Article from The New York Herald, March 4, 1876

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THE THIRD AVENUE BANE K. THE WILLIAM A. DARLING AND SPENCER ALLEGED PERJURY CABE-EXAMINA. GREEN DISCOVERED. William A, adjourned examination in the case of K. Green, The Appraiser of the Port, and Spencer that Darling, charged with perjury in falsely swearing exceeded jointly of the Third Avenue Savings Bank there the liabilities assets by over $300,000 when, as alleged, came up its actual deficit of not less than $100,000, Tombs Police was an before Justice Duffy, at the well filled. yesterday The examination room was pretty Mr. Court. was rot present, but his co-defendant, Abram Mr. Darling there. Messrs. Robert Sewell, counGreen, was and ex-Judge Dittenhoefer appeared P. Fitch as and Wakeman defendants, and Mr. Ashbel the desel for the Van Wyck for the prosecution who and lost $500 Robert A. of the latter, Mary Flood, the positors. One of the bank, was present during by the failure with Dr. Strew, of Lexington domestic. avenue, proceedings, she has lived for many years as called. a He with whom Sellers was the first witness Bank under Colonel A. employed in the Third Avenue the bank prosaid he was he identified the books the of report of the the receiver; and had examined the conduced in court by the defendants and compared was asked bank signed of the bank Witness counsel tents of the the books result of his investigations that and the queswhat the was defence objected on the ground which counsel for for tion was incompetent. sought to The put paper in evidence purporting was an to un- be the authenticated prosecution copy of the report. of Banks Laun. the objecsigned by Deputy for the Superintendent prosecution replied he could, that if he was the tion afforded Counsel was time, merely prove technical, that it was and a duly certified copy had on of original report. that inasmuch as the paper would admit it Justice the seal Duffy of the said Banking Department he was it Mr. Benjamin A. McDonald, expert of in Rahway, bookkeeping N. J., and by called. He said the he report was an already referred here 10. signed read the had Messrs. examined Darling from and the Green. report:- Witness "March value 17, 1871- standReal following estate, item furniture and 97. fixtures; The market witness was then on the asked ing on to books, compare $242,495 that entry with what appeared the books. for the defence here objected stated again. that The Counsel witness, in reply to a in question, the bank on January 1, amount due $5,959,363. the depositors and that figure answer corresponded to other 1871, was the entry in the report. that In the general ledger with questions the witness explained the collated daily individual transused in a bank contained books, which were readiest deposits from them different to the ledger; of the the bank ferred to from ascertain the condition the Jedger; but in would way be to look certain at how the bank books stood in order to be make necessary to examine the the dealers' entries in the it would compare the figures with represented the figures detail and The ledger of the bank Mr. McDonald was ledger. in the report and ledger to of rally. 1868 when Judge to Ditten- 1868. about to read a statement not want to go back few Mr. hoofer Darling objected. was only They secretary did ad interim for a cars weeks. Fitch replied that Mr. Darling from the was head start, and and he Mr. treasury of the bank entries. called in the for the reading hoped of the the gentleman would his client not Mr. Dittenhoefer in an uncalled for diatribe against Mr. because indulge Mr. Dittenhoefer-flo Fitch-1 of political am a antagonism. republican was always and your go is dreaded Mr. Darling. rival, however. Duffy (decidediy)-Here, politics here, to gentlemen, be introJustice do. I will not permit proceedings. what this will in not any manner in these was immaterial duced Mr. Dittenhoeffer held books that it and whether they constitute were subscribed were the entries to under on the oath; that would not deDuffy perjury. After an argument between counsel which Justice would have a cided . that anything in the the officials report at Albany charged. or the puba lic tendency would rightly to mislead come under from the offence the bank ledger Mr. McDonald then of the read assets of the bank on account April counter 1868. statement The entries showed of $100,000. on profit and The loss statement 3, a loss on in January real estate 1, 1871, cash on book hand that not item deposited stood in showed bank $173,395 03. On the between cash the two items the of books $280,191 27, a The difference witness went on to show for years from and $106,596 that 24. a deficit of $66,000 this existed time Mr. Darling was was never reported, ad and interim all and a prominent the trustee. real esauditor, secretary further exhibited the fact about that $100,000. was The book- of the bank, which was $200,000. Among the increased items tate of assets by a false was This an entry item the to of books $113,000 showed of interest to books be due en- as but not collected. item showed upon the profit and a tirely loss, false. and should This have very been charged to the the counsel for the defence. loss this account. stage an adjournment They desired was asked that for the by case go over until Monday he next. could not grant such a request. it Justice Dutty said on without needless delay; statute The case must go should. The was important that this it proceeding would neces- exof limitations 14th affecting inst. If he should deem all it the evipire sary on to the hold the defendan the case after in that hearing event should time. be dence, hands he wanted of the that District Attorney further in proper examination in He the would, therefore, set three down P. the M., and, if necessary, of the case for to day midnight at to hear the case through. Darling he would sit until proceedings of yesterday. Mr. taken. This ended the before the adjournment was Daniel Bates, came David The into papers Morgan court in and the W. cases st Carman, of the John Third all Lyon, charged Avenue with Savings perBank, jury in are connection now in the with hands of the District Attorney.

24. May 19, 1877 The Sun New York, NY
Article from The Sun, May 19, 1877

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Testimony from Ellie on the Superintendent Excuses Raked Up Again. ures and May Old 13. The Senate the Banking investiALBANY, this morning continued Ellis Committee charges against Superintendent Bank Mr. ration of to the Third Avenue Savings for Mr. Mallow. Olmstead relative appeared charges. as counsel prowho makes Lamb. the Deputy Superintendent of March Ellis fueed Henry Reid's L report of the examination to the Attorney-Gen- of 24. 1873. the letter recommending of the closing bank ral the bank. on Sept. and and 29. the July regular previous. reports Witness of the after had the for January to close the institution it best to thought it best but Mr. Ellis thought which he report wait legislation in March. then pending. under thought Attorney-General it might recuperate. Fairchild testified under that Judge he Attorney General the proceedings was Deputy and had taken charge appointed of Receiver of Pratt. Carman was all parties the at the bank. time He was agreed Attorney-General upon by never CC for receiver. proceedings The to close the bank Back Su- excommences recommendation of several banks. perintendent. pt upon with the one He had exception. closed upon up That the recom- except and all. of the Superintendent. voluntarily moved tion was where There a was no Bank on mendation receiver bank had Avenue opposition except to the the for H of the Third HA he knew. of closing the up trustees. so far 88 to the amount been part that of there was a receiver contest should bank give. had bonds which testific the that receiver no since he had Ellis uiplaced been Mr. in the the hands uptown of a German upon to his Savings manation. action Bank. Mr. less that it was WAS partially was due making President an examina- suddenly n and the examiner. the at once for decided tion Raid. of that close The bank doesn't it when up and up H was applied partly insidered due Heid tother of first recover. of faith the examination until has these heard no stigations Mints Ellisto read. be true very his came in up. at the letter beginnit of of instru all of in his term, rigations from was without to Raid declaring the object condition of the banks to ready partiality Witness the or had and hins. always correct examination Accepted It was practic Reid's of ally all reports 1871 in- the 88 truthful at law of banks pasible had in to the commas make time reall oned 1873 red to Reid. examine by the Vrooman, the is Third then and H Aldri h. in savings April. Bank, been The 8 great recor run Superin- on the abowed Avenue that there had the preceding bonds of the bank: but Howell, require certain had refused to trusters. endent. a and had receiver the Supreme upon by the Court Reid sanie and assets be the still whi other on the two appoint examiners examination These in made is April remained He does showed substantially think to increased that the the hand. value ame down of the to bank 1875. building during had his been time. and they showed were raised $100.000 Thereports that in the the were reports same here returned figures referred of from the from to. cost 1873 $165,000 of up the January Witness examiner banking house 1875 when it said was this might have returned been Mar at had due to $175,000 The increase $180,000. The been balmade it ports in the s also in the showed Tarrytown that no had n.y the or been same in reduced the it the interest H had an years. some $7,000. that a ngly mortgage increased. of the the bank report in des of 1973. the bank on general being by up the enting present in the Legisla SAVture. 1028 March. bank and he law the believed WHO weak then banks under with of it. by weaker stronger a provisi Third once ones. cipitate he for mergina could SAVE a number clos the ne of the a He number Avenue was Bank of clause. others. would and most lie of hoped. ofthem a number officers under He of tried upon the to merging effect a consolidati and talked unsurees h W. ever. that smaller He banks, Avenue, would It proved not because have be The he consented others had made might go. the to merge uphis sumthe Third would to go. merged. During among too. mind if it they were not number of dent failures of anxiety. the mer brokers, He consulted there and were with there a Macy Messre. was a and good John Stewart. them J. Cit all said o. promi- Mor- up Kennaday. and all of be closed rison. nent bank off! Bank ought not on to that advice be the ar the bank delayed under Third Avenue He nx umstan up then es. and to the until best six interests weeks duty, be erward believe now WH bank which of and tweet would be him induce and him of the them. to delay. a He cross of the did examination not person- of seet ally know any condu ted any mony at Mr. some Oilsstead length. given but on without the direct

25. May 7, 1878 New-York Tribune New York, NY
Article from New-York Tribune, May 7, 1878

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CIVIL NOTES. Judge Robinson, in Common Pleas, General Term, was attacked suddenly, yesterday, by vertigo, and was compelled to go home. The suit of the Metropolitan Gas Light Company against the City for $80,857 65 for gas furnished for the last five months of 1869 has been settled and discontinued by consent. Judges Ingalls and Potter, in the absence of Judge Daniels, held the Supreme Court, General Term, together, yesterday. In the absence of the third judge cases could only be heard by consent. Judge Van Brunt has denied the motions for new trials in the suits brought by Samuel H. Hurd, receiver of the Third Avenue Savings Bank, against Spencer K. Green, and other trustees, who gave bonds in 1873 to support the credit of the bank. Sarah B. Essler says that she was knocked down August 13, 1865, and very badly injured by a horse which Louis Schiele was riding, and she asks $10,000. The defendant denies that he injured her. The case is on trial before Judge Barrett in Supreme Court, Circuit. The Children's Fold sued the Rev. Edward Cowley, who claims to be now its legal president, to prevent him from interfering with its affairs. A pre-liminary injunction was granted to the plaintiff, and an application was made by Mr. Cowley, and argued at length before Judge Lawrence to vacate that injunction. He denied the motion yesterday. In the case of Edward Clark, who obtained a verdict of $225, in the Brooklyn City Court, against the Fulton Ferry Company for being forcibly ejected from the Fulton Ferry House on March 24, Judge McCue has granted the defendants' application for a new trial, on the ground that the verdict was against the weight of evidence. Peter Cooper was in the Circuit Court, in Brooklyn, yesterday, in reference to the suit brought against him by Wallace P. Groom to recover $50,000 damages for alleged slander. The complaint charges that Mr. Cooper published a letter stating that he had given to the plaintiff $5,000 to be used for election purposes in connection with the Greenback party campaign, and that Mr. Groom did not use the money for that purpose. The case was set down for trial yesterday, but was adjourned until to-morrow. PhΕ“be Robertson obtained a verdict in the Superior Court against James Gordon Bennett, for $10,000, for a "personal" advertisement which appeared in The Herald November 13. The advertisement was: "The blackmailing crowd in West Twenty-fifth-st. had better beware. Cautions 51 and 53." Mrs. Robertson kept a boarding-house at these numbers in Twenty-fifth-st. The Superior Court, General Term, has reversed the judgment, because certain evidence was admitted improperly. Rose McDonald sued C. H. Mallory & Co., owners of the steampship City of Waco, for the loss of her husband, who was killed in a fire which destroyed the steamer off Galveston, Texas. She charged that the fire, or at least its destructiveness, was the result of a deck load of petroleum, carried contrary to the United States regulations. The suit was under a statute of this State. The Superior Court, General Term, has affirmed the decision of the Special Term on demurrer, that the State law does not extend to vessels on the high seas. The quarrel between the partners of the firm of Keiler, Wormser & Kingsbury, came yesterday before Judge Donohue on cross motions for a receiver. Raphael Keiler asks a dissolution of the partnership, charging that his partners have not treated him fairly. The other partners ask that they be appointed receivers. Judge Donohue reserved his decision. Albert Cardozo appeared for the plaintiff Keiler; David Levenbitt, Luther R. Marsh and Joseph H. Choate for the defendants.