Ocean - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 14, 1871
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: b4903b8f

Response Measures

None

Description

Newspaper (Evening Star, 1871-12-14) reports the Ocean Bank of New York suspended and the controller of the currency appointed receivers. No mention of depositor runs or withdrawals in the clipping, so this is treated as a suspension followed by receivership (closure) by government action.

Events (2)

1. December 14, 1871 Receivership

Newspaper Excerpt: the controller of the currency ... has appointed receivers for said banks (Ocean, Eighth National and Union National).
Source: newspapers

2. December 14, 1871 Suspension

Cause: Government Action
Cause Details: Controller of the currency appointed receivers after the banks suspended (government intervention/receivership).
Newspaper Excerpt: The New York banks.--] The Ocean. Eighth National and Union National Banks of New York having suspended, the controller of the currency, who is at present in New York, has appointed receivers for said banks.
Source: newspapers

Newspaper Articles (1)

1. December 14, 1871 Evening Star Washington, DC

Article from Evening Star, December 14, 1871

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Article Text

ESTITUTION A draft for 1,512.71 was ceived at the Treasury Department to-day from unknown parties for duties, in currency, payable at the port of New York. MINIST ER SCHENCK. The President has not received a request from Gen. Schenck asking permission to resign his present position as Minister to England- all reports to the contrary withstanding THE TREASURY INVESTIGATING COMMITT finished the examination of the division of loans to-day, and found everything correct. In this division the committee had to count over $38,000,000 in securities. MAJOR GEORGE BELL, Commissary of Subsistence, U. S. has been detailed as a member of the board of officers appointed to examine a candidate for the position of keeper of a national cemetery. THE PETITION presented in the Senate to day by Mr. Buckingham from 3 600 women of the country protesting against female suffrage, was enclosed in a bag made of silk in three separate stripes of red, white, and blue. THE NEW YORK BANKS.--] The Ocean. Eighth National and Union National Banks of New York having suspended, the controller of the currency. who is at present in New York, has appointed receivers for said banks. ONE HU NDRED AND SEVENTY FOU printed bills were received at the Capitol to-day from the Government Printing Office. This is an unusually large number for one day. It is not probable that one eight of the whole number will ever be heard of again. RESIGNATION OF ATTORNEY GENERAL AKERMAN -Attorney General Akerman has resigned, his resignation to take effect January 10. His resignation has been accepted bv the President. who has nom inated as his successor ex- Senator Williams, of Oregon. AT THE WHITE HOUSE Secretaries Boatweil and Belknap, Postmaster General Creswell, Assistant Attorney General Bristow, Senators Ames, Pool and Hitchcock. Governor Washburn, of Massach usetts, and Representatives Dawes, Kellogg, Wallace and Townsend had interviews with the President to-day. THE HOUSE COMMITTEE ON COMMERCE this morning gave a hearing to the delegation of steamboat men who protested against the rules and regulations recently adopted by the Board of Supervising Inspectors and by Secretary Boutwell They represent that the rules are appressive and ask that the comm ittee will take some action on the snoject The committee will investigate the matter. PUBLIC Bt ILDINGS IN CHICAGO.- The House Committee on Public Buildings and Grounds this morning had a conference with the Committee on Appropriations in reference to public building at Chicago, and they agreed to report back Mr Farwell's bill, but reducing the amount named therein from five to four millions of dollars for the erection of one general building in Chicago for all government rposes, and this amount is to cover all expenses of its erection. THE DISTRICT JAIL-Mr. Patterson intro. duced in the Senate, to-day, a bill restoring to the marshal of the District of Columbia the exclusive supervision of the jail. The billabolishes the office of warden of the jail, restores the jail to the control of the marshal, and provides that the a pointmentsof jailor. clerk physician, &c., shall be made by the marshal. subject to the confirmation of the Chief Justice of the Supreme Court of the District. Referred to the District Committee. COLUMBIA INSTITUTE FOR THE DEAF AND DUMB-Mr. Patterson introduced in the Senate this morning a bill to regulate the admission of pupils into the Columbia Institute for the Deaf and Dumb. which provides that the Secretary of the Interior shall admit pupils into that in sti tution from the several states. the number from each state not to exceed one-half the number of Representatives in Congress from such state. Members of Congress are nominate candidates for admission to the Secretary. Referred to District Committee. THE LATE 'HERO OF FORT SUNTER."official order, just issued from the War Depart. ment, announces the death of Brigadier General Robert Anderson, at Nice, France, on the 26th of October last, speaks in commendatory terms of the character of the deceased, and men tions the fact that on the 14th day of April,1865. exactly four years after his surrender of Fort Sumter. he had the satisfaction, by appointment of the government, ot again hoisting the identical flag. which, meantime had neverlefthiscus tody, over the same fort, then reduced to aheap of ruins. His remains have been placed on board the United States ship-of-war Guerriere fortransportation to the nited States. On their arrival proper orders will be issued to do them honor. THE FIRST DECISION by the British and American Claims Commission under the clause of the treaty of Washington providing for the settlement of claims growing out of acts committed against the persons and property of British subjects in the south during the rebellion, was announced yesterday. The case was that of John Holmes who alleged that quantity of cotton belonging to him was seized and destroyed by the rebels while possession of that city The commissioners decided that the United States cannot be held liable for any injury caused by acts of rebels over whom they could exercise no control, and which acts they had no power to prevent. Upon this ground without giving any opinion upon theother points raised in the case, which will be considered hereafter in other cases, the claim of J. H. Hanna was therefore disallowed. THE NEW ATTORNEY GENERAL Hon George H. Williams, ex -Senator from Oregon, the new Attorney General, Is a native of New York and about 50 years of age. He emigrated to Oregon, while it was vet territory soon after the completion of his preparation for the bar. though the meantime served few years as one of the District Judges of Iowa. He was appointed Supreme Judge of the territory of Oregon, and subsequently took active part in the deliberations of the convention which framed the constitution of the young state In 1864 he was elected to the United States Senate from Oregon. and served with great credit from 1865 to 1871, being a specially prominent member of the Committee on Judiciary. He had also positionson several other important committees. At the expiration of his term in the Senate. the was appointed one of the repre tatives of the United States government in the Joint High to rettle pending questions the United States Great Britam. Mr. Willieme. Senator and jurist, hasachieved high reputation. His adgment is singularly cool and dispassionate and vigorous and admirably trained. A FEW DAYS SENCE Vice President Colfax called upon General Spinner, the veteran United States Treasurer, at this office, and found him usual bard at work aff xing his gothic autograph to various financial documents, and looking very lugubrious, doubtles on account of the del' lcations which had ust been discovered in his office. The meeting was cordial in the treme. The Vice President, who had not seen the general since his return from Europe,advanced rapidly towards him, and with hearty "My dear old friend. am glad to threw his leftarm around his neck, giving him at the same time an affectionate hug. while