15303. Artisans Bank (New York, NY)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: October 1, 1860
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 0ed5e354

Response Measures

Full suspension

Description

Multiple articles (Oct 2-10, 1860) describe depositors besieging the Artisans' Bank and a 'run' of claimants presenting checks, the bank suspending payment early October 1860, attempts to avoid receivership by stockholders, and a receiver being nominated/appointed. Ultimately a receiver was appointed and the bank was wound up (later notices of receivership and sales of fixtures). Cause driven largely by political panic surrounding the 1860 election and the withdrawal of city funds by the Chamberlain, producing depositor panic. OCR errors in some articles corrected (e.g., 'Artisan's' / 'Artisans'' variations).

Events (7)

1. October 1, 1860 Run

Cause: Macro News
Cause Details: Political excitement around the 1860 election and resultant public panic; withdrawal of the city deposits by the Chamberlain (Sept 29) intensified depositor fears and triggered heavy withdrawals.
Measures: Cashier and tellers' offices closed; notices posted that bank was not paying; legal injunction sought to restrain officers from transferring assets; stockholders and creditors met to seek extensions.
Newspaper Excerpt: a large number of claimants were making demands and a run on said bank; the run upon the bank for the last few days has been more than excessive
Source: newspapers

2. October 1, 1860 Suspension

Cause: Macro News
Cause Details: Immediate consequence of heavy withdrawals and public panic tied to political unrest and the earlier withdrawal of city funds by the Chamberlain; managers 'not paying anything at present' and the bank 'suspended payment'.
Newspaper Excerpt: The suspension of payment by the Artisans' Bank on Monday morning last created no little excitement in the city yesterday.
Source: newspapers

3. October 3, 1860 Other

Newspaper Excerpt: CHAMBERLAIN'S OFFICE, ARTISANS' BANK, NEW YORK, Sept. 29 ... I have discontinued the Artisans' Bank. NATHAN C. PLATT, Chamberlain. The gross amount of city funds in the bank was about one million of dollars, and in transferring that large sum of cash to the Park Bank Mr. Platt had hoped to allay public excitement.
Source: newspapers

4. October 6, 1860 Other

Newspaper Excerpt: The stockholders of the Artisans' Bank have nominated Mr. Augustine Smith for receiver. Mr. Smith is of the firm of Campbell, Hull & Co.... It is an excellent nomination.
Source: newspapers

5. October 6, 1860 Receivership

Newspaper Excerpt: The report was accepted, and it was resolved that Mr. Augustine Smith be recommended to the Court as receiver for the bank ... The meeting then adjourned.
Source: newspapers

6. October 1, 1861 Other

Newspaper Excerpt: By virtue of a warrant ... I will expose for sale ... all the Furniture and Fixtures of the Artisans Bank ... (auction notices of bank property).
Source: newspapers

7. October 1, 1861 Receivership

Newspaper Excerpt: In consequence of the city of New York making a levy for taxes for 1860, to the amount of $12,000, on the exploded Artisans Bank ... the directors of the institution applied to-day for the appointment of a receiver. The order was granted and the case referred to Mr. Samuel Jones as referee.
Source: newspapers

Newspaper Articles (23)

1. October 3, 1860 The New York Herald New York, NY

Article from The New York Herald, October 3, 1860

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defendant "would have to go into liquidation;" and deponent has been informed and believes to be true, that said defendant is insolvent. That deponent was yesterday present in said bank when a large number of claimants were mrking demands and "a run" on said bank, and deponent has been informed and believes to be true, that many of said claimants' lawful demands for moneys not GEO. P. GORDON deposited were paid. Sworn to this 2d day of October, 1860, before me. JOHN BYRNE, Commissioner of Deeds. NOTICE Take notice tbat, upon the summons and complaint in this action (a copy of which is herewith served on you) and the annexed affidavit, shall apply to one of the Justices of the Supreme Court, at a special term thereo', to be held at the chambers of the said Justices on the third day of October, 1860, at ten o'clock in the forenoon of that day, or as soon thereafter as counsel can be hear for an order that said defendant be declared insolvent, and that Benjamin F. Camp, of No. 116 Madison avenue, near Thirty first street, in said city builder, be app inted the receiver of the property of the defendant, with the usual powers of & receiver, &: or for such other or further order as to the said Court may seem proper. Yours, sc., F. BYRNE, Attorney for plaintiff, No. 132 Nassau street, Dated, October 2, 1860. City of New York. To the above named defendant. Let the defendant show cause according to the above notice. WM. H. LEONARD. INJUNCTION BY ORDER. It appearing satisfactory to me, by the complaint in the above entitled action, and by the affilavit of the plaintiff, that sufficient grounds exist therefor, and that the said plaintiff is creditor of said defendant, (a banking corpo ration located and doing business in the city, county and State of New York,) having a demand exceeding one hundred dollars, viz, to the amount of four thousand seven hundred and sixty one dollars, arising upon a debt or lia to said said defendant the contracted by bility plaintiff, after the 1st day of January, 1860, viz, for money at va. rious times deposited by said plaintin with said defend ant, and not withdrawn from said defendant, or assigned by said plaintiff and that said plaintiff, on the 1st day of October 1860, at the bank and place of business of said of between the ten hours in defendant the o'clock forenoon and three o'clock in the afternoon of said day, viz, at half past two o'clock in the afternoon, presented his 3 said directed desaid duly signed check, by plaintiff, fendant, for and demanding payment of four thousand seven and hundred one and that the cashier dollars, sixty and pay paying teller of, and said defendant, refused to pay said check, or said sum expressed therein, to said plaintill; and, in my opjoion, on the facts 80 presented it being expedient (in order to prevent fraud or injustice) do, therefore, order, enjoin and restrain said defend ants and its officers from paying out or in any way trans ferring or delivering to any person any money or assets of such defendant, or incurring any debt or obligation until this order be vacated or modified; and let the said defendant show cause, before me, at a special term of the Supreme Court, to be held at the chambers of the Jus. tices thereof. at the City Hall of the city of New York on the third day of October instant, at ten o'clock in the forenoon of said day, why said restraint above ordered should not be made absolute, or be continued, and why the Faid defendant should not be declared insolvent: and require the officers of said defendant, and any and all of 118 books, papers, accounts, assets and effects, and to examined on oath touching the same, before me, at said such time other last and and order mentioned, why place should Not be granted as shall seem proper. Dated October 2, 1860. WM. H. LEONARD. There are a great many mistaken ideas afoat concern ing the public moneys which have been deposited in this bank. Some people are of the opinion that the city will suffer to a great extent by this stoppage, as they think that there is still a large amount left on deposit there. As far as the city funds are concerned, they are entirely yond any possibility of loss from the affairs of this bank. On the 29th September, ult., the last public money on deposit in this bank was withdrawn by the City Chamberlain, and official notice to that effect served on the Mayor and Comptroller. The following is the notification which the Chamberlain served on these public officers:CHAMBERLAIN'S OFFICE, ARTISANS' BANK, NEW YORK, Sept. 29, 1860. R. T. HAWS, Esq. :-SIR-1 have, under my official bonds, selected the Park Bank as the place of deposit of all moneys belonging to the city or county of New York, or under my charge as Chamberlain, on and after this all in and have discontinued the Artisans' date, deposits Bank. trust this change will be satisfactory to yourand the NATHAN C. PLATT, Chamberlain. self public. The gross amount of city funds in the bank was about one million of dollars, and in transferring that large sum of cash to the Park Bank Mr. Platt had hoped to allay public excitement. This, in fact, was his great aim, as public fears had been loudly expressed for the safety of these moneys. It may be as well to state that the laws of the city and of the State give absolute authority to the Chamberlain to put the public moneys in any safe place that he may choose, and the Mayor and Corporation have no power over him in this respect. Mr. Platt is not only City Chamberlain, but he is also President of the Artisans' Bank, and in the action reference has taken the he in to prompt public funds he has shown that he is a gentleman well worthy 0' the confidence of the community, and especially fitted for the responsible office which he fills. The stoppage of pay ment by the Artisans' Bank could not, however, have af fected these public deposits in any wav. Mr. Platt is re sponsible for the moneys of the city entrusted to his keep. million the if and been whole lost of dollars had foring, ever, Mr. Platt is a man of independent wealth, and it is confidently stated that from his own fortune of over two millions of dollars he could easily meet the unfortunate emergency The difficulties which led to the failure of the bank are only of last year's accumulation. Those who suppose that the bank has long been in danger of a stoppage will, it is said, find that they are greatly mistaken. Political influences and the jealousy of some persons who had ex. pected to receive the appointment of Chamberlain from the Mayor, to the exclusion of Mr. Platt, have been some of the causes of the pressure made upon its funds and of its consequent failure. The run upon the bank for the last few days has been more than excessive, and as the combination for its destruction was every day becoming more formidable, the authorities resolved to close, at least for a time. In doing so, it is said that the bank was not forced to adopt that course by means of the outside force alone, but simply as a stroke of policy for self preservation. The deposits in the Artisans' Bank amount to $1,066, 413; its circulation . $95,114; its specie, $285 431, and its loans 366. $1,873,366. There is no doubt entertained by the officers that the bank will be able to pay every dollar of its liabilities, as its assets are quite sufficient for this purpose. It is even thought that the stock will be sufficient to cover everything and yet to leave the stockholders about seventy per cent. The bank wasstarted in 1856, and Mr. Tooker, who has been the cashier for the last three or four years, expresses the belief that the affairs of the institution will, in a very short time, be placed upon the most satisfactory footing, when the bank will resume payment, and perhaps increase its capital to . a million of dollars. Some persons think that the republican party will at. tempt to throw some blame on the Mayor 10 this matter, as If he could prevent the failure of any bank in the city. They will doubtless say that he knowingly placed the city funds in a rotten bank. But, as we have shown, the Mayor has no power whatever as to the deposit of the city money, and therefore cannot be held responsible, except for the appoint. ment of the Chamberlain, and in so far as the fidelity of that officer is concerned This is the duty of the Mayor, and in appointing Mr. Platt he has fully and satisfactorily discharged it to the public, for there is no more responsible gentleman in this city, financially and morally, than the present City Chamberlain. has The Park Bank. which for few days past conduct-

2. October 3, 1860 The New York Herald New York, NY

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ANOTHER FINANCIAL EXCITEMENT. STOPPAGE OF THE ARTISANS' BANK. Great Rush of Depositors to the Bank Yesterday. THEIR CONSTERNATION AND DISAPPOINTMENT. Institution of Legal Proceedings to Prevent its Going into Liquidation. SCENES AT THE BANKING HOUSE. WITHDRAWAL OF THE CITY FUNDS. ACTION OF OTHER CITY BANKS, &c. &s., &c., The suspension of payment by the Artisans' Bank on Monday morning last created no little excitement in the city yesterday. Large numbers of working men and persons who had deposited their money in this bank continued to besiege the place from the opening to the closing of the establishment. The cashier's and tellers' offices were closed to the public, and written notices to that effect posted on the windows and doors of the bank. Within the usually busy interior of the establishment everything appeared dull and dreary except the officers and clerks, who seemed to look upon a bank stoppage as one of those pleasant incidents that serve to vary the routine of their ordinarily monotonous life, and went on moving about their deaks and writing in their books as if nothing in the world had occurred to disturb public equanimity. Not so with the bearers of checks, who every now and then dropped in, expecting to realize a little ready cash. The startling announcement, "We are not paying anything at present, sir, did not strike their ears in any very harmonious strain, and we SAW several men who walked in very briskly crawl out very slowly. Many of those who presented checks, it was clear, did not know anything of the true state of affairs; but on hearing the sad tidings they retired with anything but smiling faces. Others who already knew the worst still persevered in the desperation of last hope to draw out whatever they had on deposit; but it was no go any way. The managers and cashier were inexcrable, and every feint to take them by surprise failed to produce the desired effect. At one time an applicant who had iailed to obtain the cash for his check, and who seemed to take his disappointment in very good part, on coming out of the bank said, loud enough to be heard by all around, "Well, I am very lucky-I have got out every cent of my money; here's the check for it"-showing the rejected draft to bystander. The effect was electric. There was an immediate dash of the forlorn hope for the bank; but what was the result of the foray we cannot say, although it may well be surmised. One of the depositors during the day went into the bank seeking payment of a check for four thousand dollars. Ee came out with his draft not honored, and instead of bewailing his misfortune, like many others, he proceeded immediately to his lawyer, took his advice, and subsequently sued out the following summons and complaint preliminary to an application for an injunction to prevent the bank from going into liquidation SUPREME COURT. SUMMONS FOR MONEY DEMAND ON CONTRACT. George P. Gordon, Plaintiff, US. The Artisans' Bank, Defendant.-I the defendant above named - You are hereby summoned and required to answer the complaint in this action copy of which is herewith served on you) and serve a copy your answer on the subscriber. at his office, No. 132 Nassau street, in the city of New York, within twenty days after service hereof on you, or in default thereof the said plaintiff will take judgment against you for the sum of four thousand seven hundred and sixty one dollars, with interest from the first day of October, one thousand eight hundred and sixty, besides FRANCIS BYRNE, the costs c this action. Attorney for plaintiff, No 132 Nassau street, city of New York. Dated October 2, 1860. COMPLAINT City and County of New York The plaintiff above named, by Francis Byrne, his attorney complains of the defendant above named, as shown to this Court, as follows:First. The said plaintiff states upon information that the said defendant, before and on the first day of September, 1860, and from therce hitherto, was and still is a banking corporation, created by and under the laws of the State of New York, doing business and having its banking institution in said city Secondly The said plaintiff states that at various times between said first day of September, 1860, and the first day of October, 1860, he deposited with said defendant divers sums of money, amounting to several thousands of dollars lawful money of the United States of America, which moneys so deposited by said plaintiff with said defendant the said cefendant, at the time of the deposit thereof. agreed with said plaintiff to pay to the said plain. his or demand. on Lift order Thirdly The said plaintiff further states that before the said first day of October, 1860, the said plaintiff had deposited with said defendant four thousand seven hundred and sixty one dollars and up wards, lawful money of the United States of America. and which sum, up to and on said first day of October, 1860, the said plaintiff had not withdrawn from said defendant nor assigned, and said defendant, on said first day of October 1860, was justly indebted to said plaintiff in said sum of four thou sand seven hundred and sixty one dollars and upwards for moneys theretofore deposited by said plaintiff with and received by said defendant, to be paid by the said defendant to the said plaintiff on demand. Fourthly. That the said plaintiff, on the said first day of October, 1860, made and signed his check or draft in writing, bearing date said day and year, directed to said defendant, by which the said plainiiff requested and demanded that said defendant should pay to the said plainLIST said sum of four thousand seven hundred and sixty one dollars; and on said day and year, at the banking institution of the said defendant. in the said city, between the hours of ten o'clock in the forenoon and three o'clock in the afternoon of said day, viz: at half-past two clock in the afternoon of said day and year the said plaintiff presented said check, so signed, to the said defendant and to the paying teller of and in said bank. and demanded payment of said sum of four thousand seven hundred and sixty one dollars, and said defendant refused to pay the same, and said sum. or any part thereof, has not bith. erto been paid by said defendant to the said plaintiff: but said sum of four thousand seven hundred and sixty one dollars anti interest from October 1860, still remains due and unpaid from the said defendant to the said plainLift over and above all offsets, deductions. claims and demands of the said defendant against said plaintiff Wherefore the said plaintiff prays judgment against said defendant for the said sum of four thousand hundred and sixty one dollars. with interest from said first day of October, 1860, (and for any other sum that may be duefrom said defendant said plaintiff, with interest, &c. and that an order be granted declaring said defendant insolvent and that temporary injunction or injunction by order be granted, restraining said defendant and its officers from pay ing out or in any manner transferring or delivering to any person any money or assets of the said defendant or incurring any debt until said injunction or order be vacated or modified, and that the officers of the said defendant be required to exhibit any and all of its books papers, accounts. assets and effects, and be examined on oath touching the same before one of the Judges of this Court or referee to be appointed by him, and that a receiver of the property of said defendant be appointed. and that the said plaintiff be paid the amount of his said debt and interest and costs, and that he may have such other further order or judgment or relief as he my be BYRNE FRANCIS entitled to. Attorney for plaintiff, No. 132 Nassau street, New York. City and County of New York. -George P. Gordon. the plaintin above named, being duly sworn. saith he has heard the foregoing complaint read and knows the con tents thereof. and that the same is true of his own know ledge. except as to the matters which are therein stated to be on information and belief, and as to those matters be believes to be true. GEO. P. GORDON. Sworn to this 21 day of October. 1860. before me. JOHN BYRNE, Commissioner of Deeds. AFFIDAVIT. City and County of New York -George P. Gordon, the plaintiff above named, being duly sworn, smith be has heard read the annexed complaint in the above entitled action (verified by him) and knows the contents thereof, and that the same is true of his own knowledge, except as to the matters which are therein stated to be on information and belief, and as to those matters he believes it to be true: and this deponent further saith that the said dethe

3. October 3, 1860 The New York Herald New York, NY

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meacement of the Politico-Commercial Crisis. The city was thrown into considerable panic yesterday by the sudden announcement of the suspension of the Artisans' Bank, from which institution the Offy Chamberlain, Mr. Platt, (who is also President of the bank,) withdrew the city funds, and deposited the same in the Park Bank. It has been known for some time that the Artisans' Bank was in some difficulty, and it is a fact significant of the times that its troubles did not arise from any legitimate commercial cause, but from purely political circumstances. This is but the beginning of the politico. commercial crisis which is the certain consequence of the present disturbed condition of the country-the uncertainty of the future prospects of the confederacy in view of Mr. Lincoln's election. which seems to be accepted on all sides as a foregone conclusion, and a fear of the disruption of our whole system, commercial and political, of which evidences. too strong to be doubted for a moment. are furnished every day in the Southern States. It is a matter of grave consideration that even at this early period-before the issue of the coming election has been put on trialpractical illustrations of the direful consequences of republican success should be presented to us. But, as we have said, the suspension of the Artisans' Bank is but the commencement of a revulsion which we fear is about to be felt all over the country, if the conservative masses do not rise up in their might, and at the ballot box in November next lay the foul spirit of sectional despotism which Mr. Seward is heralding throughoat the country, and which Mr. Lincoln is pledged to enthrone at Washington in the event of his election, like another Lucifer in Pandemonium. The panic of yesterday is but as a speck of vapor in a tropical sky foreshadowing an approaching tempest. The political crisis at which we have arrived is not, as in many former times, merely the turning point of fortune for this political party or that: the question involved is not whether this set of politicians shall command power and spoil or the other set, but whether the whole fabric of the Union is to be levelled; whether the constitution is to be ignored; whether the commercial prosperity of the country is to be demolished; whether we are to live at peace as brethren united by a common interest and a single destiny, or to drag out a miserable termination to the American republic in internecine warfare. Such are the questions depending for solution upon the result of the present contest. We see the first symptoms of danger in the excitement which visited this city yesterday; and this is but the beginning of the end. If the black republican party should be elevated to power, and the programme of Lincoln and Seward be inaugurated, we will see the banks at the North suspending, the merchants smashing up, the factories closed, the shipping rotting at our wharves; and in the South the consequences may be still more" serious: the railroads thrown into disuse, and civil strife raging over the fair domains of that beautiful region. Let us take heed in time; let the people, forewarned by the evidences of coming trouble around them, leave the politicians to pursue their tortuous course of mischief, and come forward in mass to save the country from the disasters which menace it by the election of some conservative man to the Presidency.

4. October 3, 1860 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, October 3, 1860

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LA W INTELLIGENCE SUPREME COURT--CHAMBERS-OCT. 2.-Before Justice LEONARD. INJUNCTION AGAINST THE ARTISAN'S BANK. George P. Gordon and John C Crossman ast. The Artisans' Bank: George P. Gordon agt. The Same. An application of the counsel for the plaintiffs. Francis Byrne, the Judge, granted an order requiring the President, Directors, &c., of the Artisans' Bank to show cause why an injunction should not be granted restraining them parting with any of the assets of the Bank, and why a receiver should not be appointed to take charge of the affairs of the institution. In one of the suits plaintiff, Gordon is & creditor of the bank to the amount of $4,617 and in the other, $6,016, which the bank could not pay. A temporary injunction has been granted enjoining the officers of the back from paying out or in any way transferring or delivering to any person auy money or assets, or incurring any debt or obligation until the further order of the Court: and further, why said injurction should not be continued, and why the Bank shall not be declared insolvent. The order to show cause is returnable on Wednesday, at 10 a. m. The plaintiffs and Jacob Vanderpoel, of Madison avenue, are the sureties in the undertaking on which the injunction issued, to the extent of $2,000. The following is the affidavit of the plaintiffs upon which they obtained their order: City and County of New- York.-George P. Gordon one of the plaintiffs abovenamed. being duly sworn, saith, that he has heard read the atnexed complaint in the above entitled action (verified by him) and knows the contents thereof and that the same is true of his own knowledge except as to the matters which are therein stated to be on information and belief, and as to those matters be believes it to be true. And this deposent further +ai h. that the said defendent is justly indebted to the said plaintiffs (who are coparteers in trade) in the sum of Six Thousand and Sixteen dollars and upward. for Iswful monies of the United Sta es of America dep sited by the said plaintiffs with said defendant as 8 banking institution in said city before, and not drawn from said defendant on the 1st day of October, 1860, or bitherto, or assigned by the said plaint ff's that deponent P esented the check and made demand of the money therein expressed as itated in said complaint, and payment of said sum 80 demanded and deposited by the said plaintiffs was refused by the said defendant. and by the paying teller of and in said Bank, and by the President of said defendant: and d ponent was informed by ti cashier of said defendant that said defendant had otfunds to pay said demand and that said defendant would have to go into liquidati D; and deponent has been informed and believes to be time that Baid defendant is insolvent: that deponent was yesterday present in said Bank, when a large number of claimants were making demands and & run" on said Bank, and deponent has been informed and believes to be true that many of said claimante' lawful demands for monies depositGEO. P. GORDON. ed were not paid. Sworn to this 2d day of October, 1860, before me, JOHN BYRNE Commissioner of Deeds. THE AGNEW HABEAS CORPUS-REPLY OF MR. JENCKES Last week an application was made by Honrie ta Agnew for the custody of & child five years of age, alleged to be the ill. gimate offepring of the P titioner's daughter. and restrained 0 its liberty by Charles Morris Jenckes, an artist, who clain to be its legal father. Mr Jencke has made R. return stating that be had supported both the mother and the child; that be took the cbild after the deato of its mother. at the request of the petitioner, and clo bed it and sent It to school. DECISION. William H. Gebhard agt. David S. Mills.-Motion granted. SPECIAL TERM.-Before Justice BONNEY ANOTHER BRANCH OF THE RECORD-COMMISSION CASE DISPOSED OF. McSpedon et al agt. Blount et at This action was brought to recover damages to the extent of $75,000 by reason of an alleged false return made by the defendants to the writ of alternate mandamus issued on the application of the plaintiffs. Toey aver, that to consequence of is filse return the Court refused to grant the claim of the plaintiffs. an onuting to $193,000 for work done for the Record Commissioners. The defendants d-murred to the COD plaint on the group that it did not state sufficient facts to constitute % cause of action. The case came on his morning. and the plaintiffs not appear. ing, judgment was given for the defendant on the demurrer. A. R. Lawrence, jr, for defendants. THE GRIDIRON RAILROAD CASE. The Trustees of the Sailors' Snug Herbor et al, agt John Keir, the Mayor, Aldermen &c, of New-York. The demurrer to the complaint in this celebrated case was set down for argument to day. Mr. William Allen Butler, who represents the plaintiffs and Mr A derson Assistant Corporatic I) Connsel were in attendance, and after some conversation the matter was postponed to Thursday. The motion for an injunction will come on next Tuesday.

5. October 3, 1860 New-York Daily Tribune New York, NY

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SUSPENSION OF THE ARTISANS' BANK.-The ArtiPADE' Bank suspended payment yesterday morning. The Chamberlain, Mr. Pla t, removel the deposits of the City to the Park Bank last week. A Receiver will probably be appointed. See Legal and Commercial columns.

6. October 4, 1860 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, October 4, 1860

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Increase 1860. The motion to appoint Wm. B. F. Camp Receiver of the Artisans' Bank, was heard to-day before Judge Leonard. The decision was postponed until to-morrow, (Thursday.) A good deal of dissatisfaction finds expression among the stockholders of the Rock Island Road at the passing of the October dividend. After a portion of the Directors at least, had given the Stockholders to understand that not less than 3 per cent would be declared. The official figures show that such a demand has been earned and no explanation is given of the disposition of the money. We understand that the Executive Officer within three weeks has stated that the money would be in New York for the payment of the dividend and that the only question was whether it should be 3 or 3½ per cent. We have no disposition to censure the management for their course, with only the light we have, but we certainly think that some explanation is due to the Stockholders with the reasons for the unexpected course adopted by the Board. Mr. T. C. Durant who voted for a dividend it is rumored will resign and defend his action. The following table shows the condition of the Banks in four leading cities:

7. October 5, 1860 Richmond Daily Whig Richmond, VA

Article from Richmond Daily Whig, October 5, 1860

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All intelligent men have long ply impossible for the country to continue long convulsed by this mischievous slavery agitation, without the occurring of & crisis, also, in commercial and monetary affairs. Bat the significant indications of an approaching crisis have developed themselves much earlier than the most sagacions had anticipated. Indeed, this orisis, preoipitated by sectional agitation and the probability of grave political troubles in the near future, has already commenced. As one proof of the fact, the New York Herald, of Friday, informs us that the great commercial emporium of the Union "was thrown into a considerable panic" on Thursday last, "by the sudden announcement of the suspension of the Artisan's Bank, from which institution the City Chamberlain, Mr. Phit,(who is also President of the Bank,) withdrew the city funds and deposited the same in the Park Bank." The Herald, after saying that is has been known for some time that the Artisan's Bank was in some difficulty, adds that "is is a significant fact of the times that its trouble did not arise from any legitimate commercial cause, but from purely political circumstances." Our contemporary then proceads, and we in. voke attention to the grave teath is announces-"This is but the beginning," says the Herald, "of that political commercial crisis which is the certain consequence of the present disturbed condition of the country-the uncertainty of the future prospects of the confederacy in view of Lincoin's alection, and & fear of the disruption of our whole system, commercial and political, of which evidences too strong to be doubted for & moment are furnished every day in the Southern States.The political crisis at which we have arrived is not, as in many former times, merely the turning point of fortune for this political party or that-the question involved is not whether this set of politicians shall command power and spoil or the other set, but whether the whole fabric of the Union is to be levelled-whether the Constitution is to be ignored--whether the commercial property of the country is to be demolished-whether we are to live at peace as brethren united by a common interest and a single destiny, or to drag out & miserable termination to the American Republic in internecine war! Such are the questions depending for solution upon the result of the present contest. We see the first symptoms of danger in the exeitement created in New York by the suspension of the Artisan's Bank,and this is but the beginning of the end." But, not only in the great commercial emporium do we discern indications of an approaching commercial and monetary erisis. Such indications exist in various portions of the South, also. The great Disunion organ in Alabama, the Mail, is talking most dolefully about the "hard times" in that State. Hear what it says: "Never have such "hard times" been known here since 1837-hard times, too, that some how arise out of financial mismanagement. It is the Banks and one set of brokers vs. another set of brokers-in the face of the fact that cotton advances by every steamer. Next Monday is the first and, alas! we fear several good, substantial men will go. down in the commercial melee between that and the fourth! And this ought not to be-and it would not be, but for the cause already mentioned, ag. gravated by the antagonisms of the several financial "machines" of the city. We can, however, only wait and hope-the gloom ahead is impenetrable." That it is significant enough. But it is useless for tha Alabama Disusion organ to soold at and denounce Banks and brokers. The cause of the crisis lies much deeper. It is owing to the Disuniouists of the Mailand the Breckiaridge party, and the fanaticism of NorthernAboltionists. Viclous politics are at the bottom of this thing-and not ing else. And we tell the Breckinridge people, as the Confederation tells the Mail-just go ahead with your shouts and huzzas for disunion and revolution one month longer, and then you will have something in reality to complain of. You have'nt seen anything yet. Just let the impression "get out" and pretty generally believed, that the Union is going to be dissolved, and we will see who ther you can sell cotton or anything else, at any price at all. There is no use railing at the bankers and brokers. They are like everybody else; will take care of themselves, and they are right. If people threaten to break up the government, and there is any probability of it,of course the banks and all moneyed men will "hanl is their horns," and prepare for the storm. A highly respectable cotton buyer told us & day or two since, that he could not get a bill discounted to buy a bale of cotton, payable beyond the day for the Presidential eleeNon. Indeed are the "times hard," but the worst is a ead. It is so all through the South. Here is what is said of Memphis, Tennessee. What & glorious time the Disubionists are likely to have. Tae money market at Memphis is unusually tight."Money is worth 11 to 2 per cent. per month. The banks are doing nothing. Coston goes in fast, but the sales do not relieve the money market. Protestsare common.Secession at Charleston and Baltimore, to elect Lineolo, is the firstenuse of the general pressure in the South.Capital is timid and hides itself during (a thereatened) revolution. These are the signs and symptoms of the commencement of a calamitous and wide-spread commercial and menetary crisis, originating solely in the sectional agitation and Disunion threatenings of the factionists of the Lincoln and Breckioridge parties. We entreat the people of Virginia, of all parties, in view of the alarming

8. October 6, 1860 The New York Herald New York, NY

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THE SUSPENSION OF THE ARTISANS' BANK. The Adjourned Meeting of the Stockholder. and Creditors-Ap suitine Smith Appointed Receiver An adjourned meeting the stockholders and creditors of the Artisans' Bar LK was held at nine o'slock yesterday morning, Mr. ..unyan Martin in the chair, for the purpose of re celving the report of the committee that had beer appointed to confer with Mr. Augustine Smith relative to his appointment as receiver. Mr. WALLIS, from the committee, stated that he had seen Mr. Smith early that morning, when Mr. S. signified has acceptance of the appointme L. In doing so Mr. Smith expressed bis intention to devote his time personally to the winding up of the affairs of the bank, without covering up or concea ing anything, in order that all interested in the concern should be made acquainted with the true posttion of its affairs; and he would do so without favor, or regard to private friendships, faithfully, honestly and industriously. The report was accepted, and it was resolved that Mr. Augustine Smith be recommended to the Court as receiver for the bank, and that ex-Judge Cowles, F. Byrne, A. H. Wallis and James Van Names be appointed a committee to wait on the Court and inform it of this resolu tion. The meeting then adjourned.

9. October 6, 1860 The New York Herald New York, NY

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Rock Island directors, when they had the money, or ought to have had it, to divide among their shareholders, does not necessarily involve the ruin of things terrestrial, or even countervail the great fact that all the roads are doing a fine business. The increased ease in the money market also helped stocks, and the advance was general, as will be seen by the following list of closing prices, the market being firm:-Virginia 6's, 91 a #; Missouri 6's, 78 a 4; Canton, 214 a 22; Cumberland Coal preferred, 13} a 14; Pacific Mail, 86} a 1; New York Central, 89g a & Erie, 394 a 7; Hudson River, 64 a 4; Harlem, 22 a 4; do. preferred, 514 a 1; Reading, 462 a 471; Michigan Central, 681 a 69; Michigan Southern and Northern Indiana, 221 a 1; do. guaranteed, 49 a 1; Panama, 125 a 1: Illinois Central, 85 a 4; Galena and Chicago, 75f a 76; Cleveland and Toledo, 46.] a 47; Chicago and Rock Island, 731 a 1. We understand that the Michigan Southern Railroad Company have applied for an injunction against the Corn Exchange Bank, to compel them to return some bonds illegally detained by the bank. The Corn Exchange Bank certainly contrives to obtain an unenviable notoriety. The stockholders of the Artisans' Bank have nominated Mr. Augustine Smith for receiver. Mr. Smith is of the firm of Campbell, Hull & Co., a man of high character and clear head. It is an excellent nomination. Pursuant to an order of the Supreme Court, the interest on the third mortgage bonds of the New York and Erie Railroad Company, which became due on the first day of September, 1859, and the first day of March, 1860, will be paid on presentation of the coupons at the office of the receiver, in Erie place, on and after Oct. 8, inst. The Richmond County Gas Light Company have declared a scrip dividend of ten per cent. The following was the business of the Sub-Trea-

10. October 6, 1860 The New York Herald New York, NY

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THE NEW YORK WEEKLY HERALD. The Colossal Enterprises of Louis Napoleon in Atrica-Suspension of the Artisans' Bank-Imporiant News from Europe-The Prince of Wales in Washington-The Presidential Canvass-The Last Speech of Gen. William WalkerThe Markets, &e., &c. The WEEKLY HERALD, for the present week, will be issued at ten o'clock this morning. In its columns, among other matters, will be found:-A very interesting statement in regard to the Secret Developement by Louis Napoleon of the Senegal Colony in Africa, and the Dis. covery and Working of Illimitable Gold Fields; An account of the Suspension of the Artisans' Bank in New York city; Important News from Europe-Decisive Battle between Victor Emanuel's Troops and the Pope's Army, and Defeat of the Latter, with Sketches of the Two Commanders; Reception of the Prince of Wales by the President at Washington, and his Entertainment at the Federal Capital; Report of the Speech of the Hon. Wm. H. Seward at Chicago; A description of the Wide Awake Demonstration in this City on Wednesday night; A Letter from Our Special Correspondent describing his Visit to the Home of the Hon. Alex. H. Stephens, of Georgia, with an account of Interviews with Mr. Stephens and Senator Toombs; An autheatic account of the Execution of General Walker, his Last Speech, &c.; The Singular and Distressing Attempt to Commit Suicide by Miss Josephine C. Lyon in West Thirtysixth street, &c.; Editorials on Prominent Topics; Reports of the Cattle, Provision and Money Markets, and all interesting news of the preceding week, received by telegraph or otherwise. Single copies, in wrappers, can be had at the counter of the office, corner of Fulton and Nassau streets. Drawings of R. France's Delaware Lotteries:BUSSEX COUNTY, CLASS 238, OCTOBER 5, 1860. 14, 40, 35, 33, 56, 19, 7, 75. 34, 54, 27, 49. CONSOLIDATED LOTTERY-CLASS 177. Oor. 5, 1860. 77, 67, 53, 60, 25, 22, 11, 46, 76, 41, 72, 10, 14. Circulars sent free of charge by addressing R FRANCE

11. October 7, 1860 The New York Herald New York, NY

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The steamship Vanderbilt, from Havre and Southampton, arrived at this port last night. The Vanderbilt brings European news to the 26th ult., but we have already received and published advices to the 27th, per City of Baltimore. We however give this morning some additional items brought by the Vanderbilt. The steamship Northern Light, from Aspinwall, now overdue at this port, had not arrived when our paper went to press. The schooner Euphemia, Captain Bayley, from Guayanilla and Ponce, Porto Rico, arrived yesterday at this port, with dates to the 23d ult. The failure of the house of Ulanga & Co., together with the death of Mr. Ulanga on September 21, and the absence of the managing partner in Europe, had created quite a sensation all over the island. The weather continued rainy and crops promised to be very large. American provisions had arrived in considerable quantities, and the market was well supplied. Lumber was becoming scarce and good pitch pine in demand. Exchange was improving: New York, 2 to 3 per cent premium: American gold, par; London, $5 20; Paris, 4f.80 to 4f.85; Spanish gold and silver, 64 per cent premium. The steamship Adriatic sailed from this port yesterday for Southampton and Havre, with 240 passengers and $675,000 in specie. The Edinburg also sailed yesterday for Liverpool, with 215 passengers and $17,648 in specie—making the total specie shipment $682,648. The Prince of Wales left Washington yesterday. He embarked on board the revenue cutter Harriet Lane, amidst salutes from the Arsenal and Navy Yard and the enthusiastic cheers of the immense concourse which had assembled to witness his departure. The Harriet Lane carried the royal party as far as Acquia creek, whence they proceeded by railroad to Richmond, Va., arriving in that city about seven o'clock last evening, where the Prince's reception, though informal, was of the most enthusiastic character. To-morrow he proceeds to Baltimore. Jackalow, the Chinaman, was indicted by the Grand Jury of the United States Circuit Court at Trenton yesterday, for the murder of the crew of the sloop Spray. There are five bills of indictment against the accused—one for the murder of Jonathan T. Leet, one for the murder of Elijah J. Leet, one for the robbery of each, and one for running away with the vessel. The trial of the prisoner will take place on the third Tuesday in January next, at Trenton, N. J. In the Supreme Court yesterday the question of the appointment of a receiver of the Artisans' Bank was again discussed, and the case was further adjourned to Wednesday next. All the applications for the appointment of a receiver, save one, were withdrawn, and it was intimated that the bank would resume business. At a meeting of the presidents of the various democratic and Union political clubs, held last evening, it was agreed that the proposed grand parade of all the anti Lincoln organizations and citizens generally shall take place on the night of Tuesday, the 23d inst. The patrons and admirers of the prize ring will find in our paper this morning a highly interesting and graphic ske'ch of the great contest in England between Bob Brettle and Jim Mace for the championship of be mid ile weights. We give this morning an account of the recent dreadful steamboat explosion in Texas, with a list of the killed and wounded, as far as could be ascertained. Intelligence has been received at the Department of State, Washington, of the death of our recently appointed Consul General at Constantinople, Mr. Henry D. Johnson. Owing to telegraphic accounts from the South regarding the effects of the late storm, the cotton market yesterday became excited and active, and closed at full one eighth of a cent advance; the sales embraced about 7,000 bales, included in which was one line of 3,000 bales, taken, it was said, for export; a considerable portion of the sales embraced qualities under middling uplands, which closed at about 11c. a 11½c, chiefly at the inside figure. Flour exhibited more buoyancy for common and medium grades, while extra brauds were without change of moment, and sales were tolerab y active. Wheat was active and prices rather firmer; the sales were large, and chiefly for export, with purchases on speculation. Corn was firm, with more doing, mostly on speculation; Western mixed was at 70c. a 71c, afloat, and in store at 76c. for flat yellow. Pork was without change of moment, with fair sales of mess at $19 a $19 18¾ a $19 20, and prime at $14 60. Sugars, in consequence of injuries reported to have been inflicted on the crop in Louisiana, by the late storm, became active, and closed firm at an advance of from ½c. to ¾c per lb; the sales which transpired amounted to about 3,000 hhds Cubs, with rumors of a still larger quantity, which we could not trace. The chief sales were made within the range of 6¼c a 6½c for refining goods and 6⅝c a 6¾c a 7⅛c for grocery grades. The sales besides included 160 hhds. melado at ¾1. and 3,90) bags (Batavis) at private terms. Coffee was quiet, but firmly held. Freights were active to Liverpool, and some 180,000 a 200,000 bushe's wheat, in bulk and bags (chiefly in ship's bags), were taken at 121., with flour at 8s. 3d., and flour to London (10 000 bbls.) at 3s. 6d a 3s 7½d; 1,000 boxes cheese at 50s, and 1,500 bbls flour to Glasgow on private terms Fair engagements were also made by the Hamburg steamer, and at pretty full rates.

12. October 9, 1860 The New York Herald New York, NY

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Artisans' Bank. MEETING OF STOCKHOLDERS-SECRET PROCENDINGS--TIME ASKED FOR. The stockholders of the Artisans' Bank met at three o'clock yesterday afternoon, pursuant to notice, for the purpose of of ascertaining whether the business of the bank could be resumed, or what other arraugement could be arrived at, in consequence of the Court not having ap. pointed a receiver. RICHARD LATHERS, President of the Great Western Insurance company, called the meeting to order and assumed the chair. He alluded to some objections that bad been made to the objects of the meeting, in consequence of a feeling that was abroad that parties having no interest in the bank might be present. The meeting, however, was one of stockholders. who bad more interest in the affairs of the bank than the depositors. Of course, these latter were anxious to be paid BR soon as possible, but the stockholders were, perhaps, affected a little more. as from them payment would have to be made, and that everybody would be paid there was not the least doubt. He would call the roll of stockholders. in order to ascertain what amount was repre sented before proceeding to organize the meeting. The eraditors would, perhaps, hold a meeting of their own, but this was n meeting of stockholders, and to hoped all gentlemen who were not stockholders would withdraw. He begged, in the same spirit, to inform the geatlemen of the press that while there was no desire to conceal the affairs of the bank. yet as the meeting was one of R private nature among the stockholders, he would request them to withdraw. The doors were then closed, outsiders, including the reporters, having withdrawn. On the reopering of the doors it was ascertained that a committee had been appointed for the purpose of conferring with the creditors of the bank. in order to obtain an extension of time to settle their affairs. 80 as to avoid the expense atten last on the appointment of a receiver. The Demes of the committee were positively refused.

13. October 10, 1860 New-York Daily Tribune New York, NY

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to net deposits held by the city banks: 19% 25 People's Bank Bank of New-York 251 302 Bank of North America Manhattan Bank 22 36 Hanover Bank Merchants Bank 22 26 Irving Bank Mechanics' Bank 24 19 Metropolitan Bank Union Bank 23 Citizens' Bank 41 Bank of America 18g Nassau Bank 21g Phenix Bank 22 22 Market Bank City Bank 29 St. Nicholas Bank 23; Tradesmen's Bank 21 24 Shoe and Leather Bank Fulton Bank 14 40, Corn Exchange Bank Chemical Bank 21 24 Continental Bank Merchants' Exchange Bk 29 Bank of the Commonwealth 21 National Bank 22 Oriental Bank Butchers' and Drovers' Bk 24 21 Marine Bank Mechanics' and Traders' Bk.20 26 Atlantie Bank 13 Greenwich Bank 21 Imp. and Traders' Bank Leather Manufacturers' Bk.241 33 Park Bank 29 Seventh Ward Bank 22g Mechanics' Bk'g Associat's Bank of State of New-York.29; 25 28 Grocers' Bank American Exchange Bank 20 North River Bank 28) Bank of Commerce 23/ East River Bank 24, Broadway Bank 21 25 Manuf. and Merchants' Bk Ocean Bank 22 N. Y. Dry Dock Bank Mercantile Bank 21 N. Y. Exchange Bank Pacific Bank 32 Bull's Head Bank Bank of the Republic 21 N. Y. County Bank Chatham Bank A meeting of the stockholders of the Artisans' Bank was held at 4 p. m. to-day, for the purpose of hearing the report of a Committee appointed on Monday to investigate the affairs of the Bank. Between thirty and forty stockholders assembled at the appointed time, and remained in private session for an hour and a quarter. The Committee reported verbally through Mr. Richard Lathers, their Chairman. Mr. Lathers stated that they bad made 88 thorough an investigation as to the solvency of the Bank as they could for the time that had been allowed them. He then proceeded to give the assets of the Bank and the character of the assets. The Committee were of the opinion that if the Bank did not get into the hands of 8 Receiver they could wind it up SO as to save the expenses of a Receivership, pay all the depositors off, and have something left for the stockholders. In connection with the report, Mr. Lathers offered the following preamble and resolutions, which were adopted: Whereas, From the report of the Committee, presented to the meeting of the stockholders of the Artisans' Bank this day, is appears that the Bank has assets sufficient to meet all its obliga tions, and if a reasonable time be allowed for their collection and the collections be judiciously attended to, to make a dividend to the stock, and Whereas, If the Bank should wind up its affairs without a Receiver these results would be reached with greater certainty, at an earlier day, and without the loss or expense of & Receivership, it Resolved as the opinion of this meeting, that it would be the most advantageous course for the depositors as well as the stock. holders, that the Bank should wind up its own affairs without going into the hands of a Receiver, and, to that end, that we recommend to the officers to take the speediest measures for the realization of the assets of the Bank, and to the creditors to consent in writing to the extension of time till the 8th of January next on their claims. Resolved, That, to carry out the plan, we request the officers to make arrangements to raise immediately, from the assets of the Bank, sufficient money to pay the present pressing obligatiens. The same Committee were continued in power, to act as the representatives of the interests of the stockholders, and meetings of the stockholders are to be held at their call. Depositors of the Bank are to appear at the Bank this morning, at 10 o'clock, for the purpose of concurring in or dissenting from the above action. We annex a comparative statement of the Exports (exclusive of specie) from New-York to Foreign Ports, for the week and since Jan. 1: 1860. 1859. 1858. $2,061,717 $1,095,690 For the week $1,265,120 69,757,793 49,953,721 48,283,663 Prev. Reported $71,819,510 Since Jan. 1 $51,049,411 $49,548,783 The aggregate, it will be noticed, is now twenty milions in advance of last year. The annual report of the Concord and Portsmouth road, indicates it to be & model with no liabilities of any kind excepting to stockholders. The figures are as follows: The receipts have been: From the late Treasurer, $280.01 after payment dividend No. 1, as declared 15,500 00 From lessees of road, for rent and organization 90 00 Assessment on stock issued to James Hall $22.00 J. D. Pillow, ex Treasurer, from Col. Peirce 4 00 Old sleepers 129 20 108 00Old freight bill 15,999 21 Total receipts. disbursements. $500.00 Expenses oforganization Paid attorney's bill and printing bills: 120 60 On account Iron Loan suit 75 00 Manchester Branch 23 00 A. F. Dunlap, Railroad Commissioner 39 69 Rent of Land at Concerd to Jan. 1, 1860 Expenses protecting Spring from encroschments of 176 49 Aqueduct Company 47 14 Printing examining titles, advertising, &cc Refunded W ainwright & Tappan, S. Fairbanks and ethers, menies advanced in 1850 to cerry on enits

14. October 10, 1860 The New York Herald New York, NY

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The Artisans' Bank. ADJOURNED MEETING OF STOCKHOLDERS-RESOLUTIONS PASSED ASKING FROM DEPOSITORS TIME TILL THE 8TH OF JANUARY NEXT-THE DEPOSITORS TO GIVE THEIR ANSWER THIS MORNING. An adjourned meeting of the stockholders was held at five o'clock yesterday afternoon for the purpose of re coiving the report of the committee appointed to confer with the depositors on the extension of time for the winding up of the affairs of the bank, in order to save the expense of appointing a receiver. A. W. Spiers occupied the chair. Colonel Richard Lathers, from the committee, presented a report, on which the following resolutions were based, and passed without much discussion:Whereas, from the report of the committee presented to the meeting of the stockholders of the Artisans' Bank this day, it appears that the bank has assets sufficient to meet all its obligations to depositors, and If a reasonable time be allowed for their collection, and the collections be judiciously attended to, to make a dividend to the stockholders; and, whereas, if the bank should wind up its own affairs without a receiver, these results would be reached with greater certainty at an earlier day and without the loss or expense of receivership, it is Resolved, as the opinion of this meeting, That it would be the most advantageous course for the depositors, as well as the stockholders, that the bank should wind up its/ownjaffairs, without going into the hands of a receiver, and to that end that we recommend to the depositors to take the special measures for the realization of the assets of the bank, and to the creditors to consent in writing to the extension of time till the 8th of January next on their claims. That to carry out this plan we request the officers to make arrangements to raise immediately from the assets of the bank sufficient money to pay the present necessary obligations. The meeting was then adjourded to ten o'clock this morning, and the depositors specially invited to attend. for the purpose of ascertaining whether they concur with the resolutions.

15. October 11, 1860 The New York Herald New York, NY

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POLITICS AND THE MONEY MARKET.-The New York Times is very sensitive about the state of the money market, and the effect which the political situation of the country has upon it. It deprecates the idea of any alarm on the subject; but, curiously enough, while it endeavors to allay any excitement or want of confidence in one column, it fans the flames of distrust and alarm in another column by dilating upon the suspension of one of the city banks in a fashion calculated to make people very uneasy about all the other banks; for what befell one may befall all. It alleges that the bank shut up because of loans to the amount of fifty thousand dollars being made out of its capital to some politicians, and that this was the cause of the difficulty with the Clearing House. We wish the Clearing House would give us a little of the inside history of the other banks, and perhaps we would find that the Artisans' institution does not stand alone in the category of mismanaged banks. It is very funny, however, to see the Times attempting to allay the spirit of mistrust in our banking and money affairs, which the present political relations between the North and South have given rise to, by adopting the best possible course to increase it-that is, by charging gross mismanagement upon one of the banks. But that is our cotemporary's quadrilateral way of doing things-decrying the spirit of alarm in one column, and writing it up in another.

16. October 11, 1860 New-York Daily Tribune New York, NY

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earnings of the Milwaukee and Mississippi Road will give a gain of about $40,000, not $5,000, as first reported. We understand tbat the Harlem Railroad Company will increase their rates of fare to Albany to $3 on and after the 15th of this month. This is in accordance with the new arrangements made with the New-York Central Railroad. The fare will now be the same as over the Hudson River. About 100 depositors and creditors of the Artisans' Bank appeared on Wednesday morning at the office of the Bank in Nassau street, and signed the following document in reference to the extension of time of payment by the Bank, and the appointment of a Receiver: The undersigned. creditors of the Artisans' Bank, for value received, hereby consent to stipulate and agree with the Artisans' Bank to extend the tie e for payment by the Bank of the amount due to the dersigned respectively. until the 8th day of January, 1861 and agree not to make auy claim, and not to take any legal proceedin against the Bank until the expiration of too time of extension aforesaid. This agreement not to be binding in case a Receiver is appointed." The amount of money represented, thus far, by the parties agreeing to the above, is said to be more than half of the total assets of the Bank. Pretty early in the morning, on reckoning up, the sum of $100,000 was four to have been represented, and subsequently, the sum of $235,000. The receipts of the Morris Canal were: $258,504.94 Total to Sept. 29, 1860 9 989 89-$268,303 83 Week ending Oct. 6, 1860 $216,723 88 Total to Oct. 1, 1859 9,408 33- 226,132 21 Week ending Oct. 8, 1859 $42,171.62 Increase, 1860 The European news by the Africa is satisfactory to the grain and cotton markets. The weather is reputed unfavorable for the crops. Consols were steady at 93@932. At a meeting of the Clearing-House Association, called in consequence of the decease of Caleb O. Halsted, esq, the following resolutions were unanimously adopted: Resolved, That by the death of Caleb O. Halsted, esq., late President of the Manh ttan Company, we have lost 8 respected and highly esteemed friend and associate, who has long been known and honored by us for his excellence of character and sterling integrity B8 a merchant and bank officer: and this Asso. ciation bas been deprived of an efficient and valuable member, who (except for the past year) has been a p ominent member of the Committee of the Association since the organization of the Clearing-House, and was at our last meeting, held but one week since, elected Chairman of the Association for the ensuing year. Resolved, That while we mourn the loss of our Chairman, we desire to express our heartfelt sympathy with his bereaved family and relatives, in this their severe affliction. Resolved, That the members of the Association will unite in paying the last tribute of respect te the memory of their late Chairman, by a'tending his funeral.| Rosolved, That a copy of these resolutions be sent to the family of the deceased, signed by the Chairman and Secretary of this meeting. In relation to the movement in cotton, W. P. Wright & Co.'s Circular says: RECEIPTS for the week are less than in the corresponding wer k last year and the excess is reduced to 4,000 bales. Next week we shall show a decrease on last year. EXPORTS are yet light. We shall soon have more going from New Orleans, as there were at the latest dates twenty five vessels loading for Great Britsin, against eighteen last year. Very little has yet been done in Charleston, Savannah or Mc bile. STOCK-The quantity of cotton is accumulating at the ports; it now amount to 351,000 bales, being largely in excess of any previous year at same time. The following is a statement of the movement in Cotton since the 1st September last, as compared with the previous four years: 1860. 1859. 1858. 1857. 1856.

17. October 16, 1860 New-York Daily Tribune New York, NY

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The steamer Saxonia to-day took $50,000 in specie. The Park Back has been notified by the Controller of $600 000 of drafts, and will be called upon for $100,000 early next week from the same source. A meeting of the creditors of the Artisans' Bank was held this afternoon. Mr. Frost of the firm of Frost & Forrest, presided. A lengthened statement of the affairs of the bank was read by the chairman, from which it appeared that the bank will be able to pay all its debts and leave about 50 cent (which may reach 70) for the stockholders. It is the intention of the Directors to pay off all demands which it is supposed will be a more judicious course to pursue for all parties, than the appointment of Receiver. Judge Leopard announced this morning, in the Supreme Court, that in consequence of the illness of Judge Ingraham, the final settlement of the decree in the New-Haven Railroad cases would be postponed until to-morrow at 11 a m. James M. Morrison, esq., has been elected to the Presidency of the Manhattan Bank, vice Mr. Halsted, deceased. He has long filled the office of Cashier with great satisfaction to the officers and shareh iders of the institution. The new Cashier will be Mr J S. Harberger. The North Star brought $50.000 that does not appear in the manifest, consigned to William Hoge & Co. The business of the Clearing House was $32,654,850 Land warrants are scarce, and orders cannot be easily filled. Rates have been advanced 3 cents per acre. The money market to-day shows no change of importance, but continues to work easier. The rates are unchanged, and borrowers find no difficulty in meeting their wants at 6@7 cent on call, and 6½@7 cent on paper. The minimum rate on paper is much more frequently accepted than it was last week. The banks are not free lenders outside of their regular dealers. The stockholders of the Burlington and Quincy Road are expecting a dividend of 4 cent about the 1st of November. The road has no floating debt, and has a very large nominal surplus of earnings. The New-Haven and Fair Haven Horse Railroad Company injunction case has occupied the Court for several days, before the Hon. Judge Ellsworth. The Judge has removed the injunction, and granted the right of the Company to build their road without being subject to land damages. The road will be built this Fall, under the management of some of the best business men of New-Haven for Directors, such as B. Noyes, Edward S. Rowland, N. D. Sperry, L. G. Peck, S. G Tuttle, James F. Babcock, W. M. White, and J. B. Carrington. Work on the Hoosac Tunnel is unavoidably delayed by the destruction of five drills at the Globe Locomotive Works in Boston. The experiments which were made previous to the destruction of the machinery gave very encouraging indications of success. It was found to be practicable to drill in the hardest granite at the rate of one inch per minute, which is considered equivalent to three inches per minute in the Hoosac rock, and more than ten times as rapid as hand drilling. The following shows the deposits and coinage at the New-Orleans Branch Mint during September, 1860: California Gold....лолжностей, как минимум.

18. October 29, 1860 The Evansville Daily Journal Evansville, IN

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[From the Cin. Price Current, Oct. 24, 1860. # Business and Financial Summary of the Past Week. The money market continues easy for all good business paper, with a fair demand, and no indications of any stringency in the future; 10@12 is the prevailing rates, and no good paper offering outside the regular houses. The supply of currency is good, and generally speaking, the market is in as satisfactory a state as could be desired at this season. The offerings of time bills on the East and South have been light, and the market for them has not changed. Eastern bills range from 7 to 10 per cent. per annum, the latter rate for sixty and ninety day, and 9@12 per cent. for New Orleans, having two to four months to run. The demand for sight exchange has been moderate only, and the market has ruled steady at the rates given below. There has been a little more demand for gold the last two days of the week, at slightly improved rates. We quote: ``` Buying. Selling. New York Sight... @% prem. @% prem. New Orleans. par @% prem. American Gold...25@30 prem. 37@40 prem. ``` Western currency is bought freely by dealers at 1 dis. for Missouri, Illinois and Wisconsin, and dis. for Indiana Free Bank. The money market in New York is in a satisfactory state. "Thompson's Bank Note Reporter," under date of the 18th, says: "The banks of this city contracted again last week one million—this makes a total contraction since September 1st of eight millions and a half; still money is easier now, and cheaper than on the 1st of September. "Were it not for the elections there would be an expansion commenced immediately, and other speculative movement in stocks; as it is caution predominates, not only in the bank parlors, but in all branches of business. "Foreign Exchange has declined so that bills are 1 per ct. cheaper than gold for remittance: "Sterling, 81@89: Francs, 5,17; and a still further reduction probable. "The stockholders of the Artisan Bank are still making efforts to resume, and the appointment of a Receiver is delayed to give them time. "From the present aspect of the money market, we expect that the ten million Government loan will be taken on bids to be opened next Monday; if so, Treasury notes will cease to draw interest after sixty days' notice; the notice will appear immediately after the loan is awarded." This loan was taken, as we are informed by telegraph, at par to 1 25 prem., which is below previous rates. In New Orleans the money market is very stringent, and loans on first class paper can not be obtained for less than 15 per cent. per annum. The weather during the week has been chilly. Sunday it rained all day, and since then it has been cloudy and cool. The range of temperature during the week has been 50 to 60 deg. Flour has been quite unsettled the greater portion of the week. Holders seemed disposed to ship to another market, sooner than submit to any decline of consequence, so that the transactions have been confined to small parcels at $4 85@4 90 for superfine, and $5@5 20 for extra, but there were few buyers at these rates. At 4 75 there was some disposed to purchase superfine, which would, however, be hardly down to a shipping point, as prices are giving way in New York from day to day under large receipts, and not very encouraging accounts from England. The very heavy shipments being made to that country tend to make dealers cautious, lest the Liverpool market should give way under them. Wheat declined 4c. per bushel and closes dull at $1 06 and $1 14 for choice red and white. Corn unchanged, and in moderate demand. Oats in large supply, over 30,000 bushels having been received during the week, but the export demand being good, prices were sustained at 30c. There is a large quantity going out on flatboats for the South. Rye declined to 64@65c. and dull. Barley unchanged, and the higher grades in good demand at 80@85c. Whisky declined 1 c. per gallon during the week, and closed unsettled. The receipts have been very large, reaching 10,000 brls. during the week, including that which came in by wagons, and last evening sales were made at 16g, though the prevailing rate was 17c. Cheese is coming in freely, and the stock accumulating; this article is fully c. per lb higher here now than in New York, deducting the difference in tare, which is actual there, but not here. This will throw large shipments into this market, and must lead to a decline, sooner or later, if the English market does not do better, which can hardly be expected, as the wet season in England must have made the pasturage in that country excellent, thus increasing the production of cheese, and no doubt a further decline will take place in prices in Liverpool. Hardly anything has taken place in the provision market worthy of note during the week. A moderate demand for mess pork at $17 75@17 87, and for clear bacon sides 13, but in other articles nothing has been done and prices are nominal at 8@11 for shoulders and rib sides. Not much doing for future delivery, and not much desire to buy or sell. The leading packers of this city seem to stand aloof until the season opens, and then run with the market. What little is being done for the future is kept so private. Nothing done in box meats, though one or two packers are busy filling early contracts made a month ago, and the first shipment of new box meats this season was made to Liverpool Monday. The limits of the English orders remain at the rates we gave in our last, but these rates are below the views of packers. As we have stated several weeks ago, a large business will be done in box meats this season, and heavy shipments made to England, because the general belief is they will pay.

19. November 2, 1860 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, November 2, 1860

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waukee and Mississippi Railroad Company, held yesterday, they ratified the arrangement made with the City of Milwaukee, 80 that there is now no obstacle to the reorganization. We learn that about threefourths the bonds of all descriptions have been already surrendered. The business of the Clearing House was $31,037,000. The payments at the Sub-Treasury on the ne N loan reach about $1,350,000. The Secretary of the Treasary has not yet issued his sixty day notice of the stoppage of interest on over-due Treasury notes, and it looks now as if & large amount of gold would be locked up in the Sub-Treasury for thirty days or more, through the neglect of Mr. Cobb to obtain the control of these notes in the way provided by the Act. By another neglect of the Secretary to order his inquiry in time, the Government has been unable yet to deliver to takers the Coupon Stock which they want and are ready to pay for. Such an inability to deliver stock sold, in an individual, would be considered as dishonoring. The Artisans' Bank is paying to-day 20 per cent to its depositors, and expects to pay on the 15th 50 per cent more, and perhaps the whole remainder. Mr. Charles L. Frost has taken the Vice-Presidency of the institution, and is working out its affairs with his usual successful energy. He hopes to be able to reëstablish the bank in good standing. His investigations only confirm the ground we took from the first, that there was no real necessity for the stoppage of the bank, and that ire failure was the result of a clamor against it from interested parties, against the like of which scarcely a bank in the city could long stand up. The coupons on the bends of the City of Lonisville, issued to the Jeffersonville Railroad, will be paid at the Bank of America. The coupons of the Second Mortgage bonds of the NewJersey Central Railroad are paid at the office, No. 69. Wall street. By the annual statement of the Sun Mutual Insurance Company it appears that the premiums for the year ending Oct 4 amounted to $1,625,057. The losses and disbursements were $849,439, Isaving a net profit of $283,157. A dividend of 6 P cent on out standing scrip is declared, as well as 25 P cent in scrip to the dealers of the Company. In money there is no noticeable change, excepting, perhaps, an increased supply offering on call at 5@7 # cent. We have received from Albert H. Nicolay, auctioneer and stock-broker, his semi monthly price current of stocks and bonds, giving the latest quotations of securities, and other information, copies of which can be had gratuitously at his office, No. 52 William street. We have before alluded to the case of the Commonwealth Bank of this city, which seeks to avoid taxation on $103,000 of United States stocks belongi ig to it, now in the Bank Department as security for its circulating notes. The Commissioners of Assessments refused to allow the claim of the Bank, and the result was a suit to compel them to correct the assessment roll. This was decided adversely to the Bank, at Special Term of the Supreme Court, and an appeal was taken to the General Term. Tre Judge, in delivering the decision of the Court confirming the order of the Court below, remarked "that the subject was one of very great importance, and should receive a more deliberate and careful examination than the pressure of business will permit. The case will, undoubtedly, be carried to the Court of last resort for final adjudication, and I have, therefore, less hesitation in stating the conclusion at which, upon brief consideration, I have arrived.' The gounds upon which the decision of the Court is made are these: That the Bank of the Commonwealth is created by the State, endowed with priveleges and powers, and subject to certain liabilities. That the Bank, in accepting these privileges, must take them cum onere. Tbat one of the conditions upon which the Bank is allowed to enjoy a corporate existence is that it shall pay taxes upon its capital as directed by law. The tax is assessed upon the capital stock, not upon any property purchased by the Corporation, excepting only the real estate which is liable to taxation wherever it may be, whether in this State or elsewhere. The Baltimore failures are ascribed in part to the heavy decline in Mining shares, in which description of property the speculation has been very active during the present year. The latest dispatch is as follows: The failure of Josiah Lee & Co. isa bad one. They have large deposits, which are in jeopardy. Their liabilities are probably half a million, though the extent of their indebtedness is not yet ascertained. Their assets have gone into the hands of the trustees, and there are only elight hopes of obtaining an extension. The banking-house of Appleton & Co. haspositively suspended. The excitement still continues, and stocks are much depressed." The earnings of the Baltimore and Ohio Railroad for October, are stated to be about $475,000. The excitements attending the election, as well as other causes, have confined trade in Dry Goods to a narrower limit than any previous week of the se ason. All parties prefer to await the result, although the best informed business men are sangnine that the season will open with a satisfactory trade-and that the future will be productive of good resultsto both the merchant, manufacturer, and the general industry of the country. It can searcely be otherwise, as the Western crops were never 10 abundant, and at the advance in Cotton, the crop will probably yield as much exchange as in previous years, thereby enabling the South to purchase as maly goods as may be required. The demand for heavy Domestics continues without much abatement, but export Drills are not much wanted. Printing Cloths, of favorite makes, sell readily at full prices. Bleached goods are without important change and are weekly delivered on previous orders-about equal to the production. Woolens are dull of sale. The manufacturers have already turned their a'tention to styles adopted for Spring sales, and are presenting samples for the consideration of the large distributing houses, who require confined styles. We annex our usual summary of exports of Domestie Cottons for the week ending Oct. 28, as follows: Value. Packages. 9 $1,176 To Danish West Indies 5,075 7 Bremen (Dry Goods) 356 Dutch West Indies 1,318 25 Br. Wnst Indies 115 ] Cuba(Dry Goods) 4,398 66 Constantinople 142 Hayn. 7,219 107 Mexico 4.529 17 Mexico (Dry Goods)

20. October 1, 1861 The New York Herald New York, NY

Article from The New York Herald, October 1, 1861

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The Artisans Bank. APPLICATION FOR A RECEIVER--APPOINTMENT OF A REFEREE. SUPREME COURT. Before Judge Earnard. SEPT. 30.-In consequence of the city of New York making a levy for taxes for 1860, to the amount of $12,000, on the exploded Artisans Bank, in Nassau street, the directors of the institution applied to-day for the appointment of a receiver. The order was granted and the case referred to Mr. Samuel Jones as referee. The his. tory of the bank would form a curious and instructive page of our general financial system.

21. October 2, 1861 The Sun New York, NY

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REGAL REPORTY-TURRDAT. Supreme Court. A Southern Patriot in Transite.Harris Arronsen in Meyet Cohen. --The plaintiff inthis care charge that the defendant, who is now in this city, had procured of him a let of goods in the fall of 1860, by means of faihe representations. After argument, the Court ordered the prisoner to be discharged. A fairs of the Artisans Benk-The authorities of the Artisans Bank now made application for a Receiver for their institution, ant the matter was referred to Samuel Jones, E&q., to appoint such officer. It appears that the Bank has failed to pay its takes for the year, and that as execution was feared, this step was taken. The act will likely close the prolonged existence of the Bank. Alleged Misconduct of a Counseilor, who is none a Judge.-Gea Barnes, et al. 08. James C. Willett. Sheriff So.--This is an action against the defendant, as Sheriff of the City and Countv of New York, to make him liable under the code for the amount owed the plaintiff by a prisoner who escaped from the Sheriff's custody. The sum. as appears, was about 86,000. The defendant put in a defense alleging that the prisoner, Cohen by name, was wholly insolvent, and averring that the escape of Cohen was through the consignance and co-operation of John it. McCunn, the plaintiff's counsel, and at present City Judge. gita The plaintiff demurrad to the answer so far as it alleged the insolvence of the prisoner, and in respect to the charge that he was prosecuted and arrested twice for the same cause of action. The Court sustained the demurrer, and ordered such portions of the defense to be stricken out. The defendant appealed to the General Term of the Court, when the argument on the appeal was now heard. The Court reserved decision. United States District Court. The Prize Cases-The United States vs. The Schooner Velasco.-This case WSB called on for trial soon after the opening of the Court on Tuesday, and concluded, the Court reserving decision. Eight or ten libels were dismissed. THE PETIT JURY FOR THE COURT OF GRN. ERAL SESSIONS was discharged yesterday morn&, ing for the term. There will be no business transacted in the Court this week, except the of hearing of argument in one or two cases set down for today.

22. October 8, 1861 The New York Herald New York, NY

Article from The New York Herald, October 8, 1861

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ORTGAGE SALE OF ELEGANT AND FIRST CLASS (OUSEHOLD FURNITURE M AN EXTRAORDINARY OPPORTUNITY FOR HOUSEKEEPERS AND THE TRADE. Over $5,000 worth of riels and eearly Household Furniture. This afternoon, at 2'o'clock premisely, Comprising the beautiful and costly Purplture, Carpets, Glass, China and Silver Ware contained in the large dwelling house 128 Waverly place, corner of Sixth avenue, the whole for absolute and perementory side, rain or shine, consisting of English Tapestry and Ingrain Carpets sold Rosewood Parlor Suits, covered in rich silk French byocatel; large r sewood Eregere, with mirror track and doors; rosewood Centre Tables, lour oval French Mirrors, Damask and Lace Curtains, rich China Vasca, Paintings, &c.: beautiful rose. wood Chamber Suits, imprising Bedstead, Bureaus, Wash. stand and Commode: one elegant binck walnut Suit. one Arm, one Reception, mifour medation back Chairs, covored in green silk reps: solid mahogany and black walnut Bedsteads, Bureaus, Washstands, Tables, Lounges, Sofa Reds, Mistors, Clocks, Corner Stam Shades, Chatrs, Rockers, &c.; solid track walnut Extension and Tea very time BookHair Mattresses, made to order: B and Bed ting, stands, Glass, China and Silver Ware; Table Centery Stoves, Oncloths, Chandellers, &c. By order of W. BRIED Attorhey for mortgagee. SALE-THIS DAY, AT 101/2 by BELL & INGRAHAM, in their anction rooms, 26 new Bowery, 300 lots first class Clothing, of all descriptions, for men, women and children. Also a time line of valuable Gold and Silver Watches, rich Jewelry, London Gens, Revolvers, one valuable Herring Jeweller's Safe, cost $450. Order M. MEERBACH, 433 Grand street. P LAWNBROKER'S SALE.-WM. c. HIGGINS WILL sell, at 10 o'clock this day, at Nos. 239 Spring steeet, a general assortment of ment's and women's wearingapparel, Qill ts, Counterpanes, Sheets and various other articles too numero to mention, well worthy the attention of deaders. By order of CHARLES & WM. CUDLIPP, 289 Spring street. will sell on Wednesday, October 9. PAWNHOKERS SALE-A M. CRISTALAR, AUG. at otclock, a large and general assortment of men and Women's Wearing Apparel, Guns and Pistols, &c. By order S. D. Moss, Catharine street. DAWNBROKER'S SALE-WEDNESDAY, OCTOBER 9 JOHN MORTIMER will sell, at 15 East Broadway, a assortment of silk and other Dresses, Quilte, Blankets, Pillows, and great variety of other goods worthy the attendon of dealers and housekeepers. By order of 11. BAR NARD. 21 Third avenue. T. HAZELL, AUCTIONEER.-WHITTEMORE & R. 11A ETU will sell auction this day (Tuesday), at 101/4 b'clock, at salesroom 158 dway, HARDWARE, CUTLERY, &C., Comprising a general assortment of heavy and shelf goods, Pocketknives on cards, States, Axe Handles, &c., &c. Also, an invoice of S. Hamm reand Hatchets, Chisels, Cleaveis, Drawingknives, &c. EVENTH FALL TRADE SALE OF HARDWARE.S JOHN E. VAN ANTWER! S SON, auctioner, will seil, on W y, October 1561, at 10 o'clock, at the salesroom, 73 William street, six hundred lots English, German and American Hardware, Callery, &c., embracing part of a jobb of selected goods, comprising Table and Pocket Catlery, Presing Knives, Sheers, Tool Chests, tinned iron and Brit ania Tea and Tab Spoons, Basting Spoons, Tea Traysi and in sets, Shot Pouches, Powder Flasks, Nail Hammers, powter Cocks and Faucets, Brittania Soup Ladles, Pocket Corkscrews, Chai Dog Collars, malleable Rein Snaps, English Bedscrews Mason S Blacking, steel Watch Keys, Hair Pins, silver Péncil Cases, German silver do., hard frame School States, Young's patent do., patent leather Tape Lines, tinned patent metal Suicepans, tinned sheet iron Teaketiles, porcelain Preserving Kettles, English and German single and double Guns, Shovels and Tongs, &c. also English and American Padlocks, Morrice and Rim Locks, Front and Store Door Locks, Latches, &c., Till, Chest and Cupboard Locks, brass and iron Hinges, Gate Hinges, Pam. mers, Sash Weights, Edge Tools in variety, &c. Torms, four months credit. & J. BOGART, AUCTIONEERS-OFFICE NO. 1 NORTH S. William street.-Constable's sale. By virtue of a warrant to me, directed by James Kelly, Receiver of Taxes for the city and county of New York, I will expose for sale on Thurs. day, the 10th day of October, 1861. at 11 o'clock in the fore. noon, at 117 Nassau street, all the Furniture and Fixtures of the Artisans Bank, consisting of Counters, Desks, Tables, Chairs, Stools, Gas Chandelie and Fixtures, Bank Vaults, Iron Safes, Carpets, Oilcloth, &c. JOHN H. HILLIER, Constable. & J. BOGART, AUCTIONEERS.-WEDNESDAY S. Oct. 9, at 101/1 o'clock. at the auction rooms No. 1 North William street, Household Furniture, Safas, Tables, Chairs, Lounges, Carpets, Bureaus, Washstands, Bedsteads, Beds and Bedding, Kitchen Furniture, ecc.

23. February 24, 1862 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, February 24, 1862

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DISCLOSURES IN REGARD TO THE AFFAIRS OF THE ARTISANS' BANK.-The affidavit of the late President of the Artisans' Bank, asking for a dissolution of the institution, shows the investment of about $100,000, chiefly for "political purposes," and mainly in the City Hall, New-York-the object being ostensibly to get the city deposits. There are $26,000 more in dispute, claimed by Mr. George Platt, the security and brother of the late Chamberlain Platt, which $26,000 seems to have been also distributed for "political purposes." West gold there was in the Bank at the time of the excitement about it, amounting to $70,000, was withdrawn.by Platt and certain Direct tors to purchase the stock of the Bank in Wall street, in order to keep up the Bank by saving its stock from depression-which $70,000 was all lost, as the stock was good for nothing. The political disbur-ements of the bank are stated to be 88 follows (mainly through Mr. Cowan, $ Pennsylvanian of some note, who, it will be recollected, some years ago sold Pennsylvania lauds to Ole Buli): $15,000 Cowan 00 a Kinner's notes and checks 8,500 Stephen A. Dougins N. C. Platt, in bank bills, disbursed at the City Hsll, 25,000 for which & bega. note was given Edward J nes (note on demand which he reports dis. 35,000 bursed among he Aldermen) 2,500 Small hotel notes. good for nothing 10,700 Given Bea Wood on . bagna note l'o Edward Jones, on aclaim against the Court of Come 3.000 mon Pleas, good for nothing $99,700 Total Within a few days the Controller of the State has appointed as Receiver Henry C. Tanner, late Teller of the Bank, which appointment meets the approval of the stockholders. Some idea may be formed from this expacé of the profits made by corrupt members of the Common Council who in common parlance are designated 'The Rieg."