a32e7c0cAccommodated withdrawals
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NEW YORK. -THE ROCHESTER SAVINGS BANK. Rochester, Dec. 29.-There was a partial, and an entirely causeless run, to-day, on the Rochester savings bank. No alarm among intelligent classes. The bank has a surplus of $700,000 over all liabilities.
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INSURANCE AND BANKING. Sentence of the President of American Popular Life-Bank President Indiesed for Swearing to a False Report-Bank Burglars. SPRINGFIELD, Mass., December 29.The Northampton bank burglars, Cott and Dunlap, were sentenced to twenty years each in the state prison, the full extent of the law. NEW YORK, December 29.-The motion was denied for a new trial in the case of J. Lambert, president of the American Popular Life Insurance company. The sentence has been postponed until Wednesday, to enable the prisoner to make disposition of his affairs. Sherman Broadwell, president of Clairmont Savings bank, has been indicted for swearing to a false report, and was arraigned to-day. Plead "not guilty." Arrangements are being made for a speedy trial. ROCHESTER, N. Y., December 29.A partial run on the Rochester Savings bank. No alarm among large depositors. The bank has a surplus of $700,000 over liabilities.
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A Run on a Savings Bank. ROCHESTER. Dec. 29.-There is a run to-day on the Rochester Savings Bank. There is no alarm among the large depositors. The bank has a surplus of $700,000 over all liabilities.
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A RUN ON A SAVINGS BANK. ROCHESTER, N. Y., Dec. 29, 1877. There is a partial and entirely uncalled for run to-day on the Rochester Savings Bank. There is no alarm among the large depositors, The bank has a surplus of $700,000 over all liabilities.
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FINANCIAL. Special Dispatch to The Chicago Tribune. BOSTON, Dec. 29.-The West Boston Savings Bank was to-day temporarily enjoined from doing further business by the Supreme Court, and on Jan. S the case is to be argued. The trustees say they believe the usefulness of the bank has passed, and it is for the interest of the depositors that business should cease, but the depositors, who have crowded the doors of the bank yesterday and to-day, are vet to be heard from on this question. There is a strong belief that a rigid examination of the books will develop bothing that has not yet come to light. Special Dispatch to The Chicago Tribune. SPRINGFIELD, III., Dec. 29.-Voluntary petitions in bankruptcy have been filed by the following persons: R. L. & W. A. Thompson, of Virginia, Cass County, and C. D. Stewart and W. E. Shelton, of Cairo. The Stockholders' Committee of the Springfield Savings Bank has made a report, which shows liabilities of $169,562, and available resources of $160,403. There is no doubt the deficit will be made good, as the stockholders are individually liable under the charter, and the values. assets have been scaled down to hard-pan ROCHESTER, N. Y., Dec. 29.-A partial and entirely causeless run occurred to-day on the Rochester Savings Bank. No alarm is felt among the intelligent classes. The bank has a surplus of $700,000 over all its liabilities. CINCINNATI, 0., Dec. 29.-The liabilities of John D. Park, who failed yesterday, are $125,000. His assets are unknown. WATERTOWN,,N. Y., Dec. 20.-George M. Brooks' Bank of Lowville has suspended. Liabilities, equal. about $60,000. Assets claimed to be
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BANK STATEMENT. Loans, decrease $590,800 Specie, increase 2,447,800 Legal tenders, decrease 757,000 Deposite, increase 2,867,800 Circulation, increase 863.900 Reserve, increase 963,175 ROCHESTER, December 29.-A partial and entirely causeless run occurred, today, on the Rocheater Savings Bank. No alarm among the intelligent classes. The Bank has a surplus of over $700,000 over all liabilities. WATERTOWN, N. Y., December 29.George M. Brooks, of Lowville, has BUR. pended. Liabilities $60,000; assets about equal.
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New York. CONVICTION-ARRANGEMENT FOR TRIAL. NEW YORK, December 29.-The motion was denied for a new trial in the case of T. S. Lambert, president of the American Popular Life-Insurance Company. Sentence was postponed until Wednesday to enable the prisoner to make disposition of his affairs. Sherman Broadwell, president of the Clairmont Savings Bank, who had been indicted for swearing to false reports, pleaded not guilty, and arrangements were made for a speedy trial. RUN ON A ROCHESTER BANK. ROCHESTER, N. Y., December 29.-There was a partial run to-day on the Rochester Savings Bank. There is no alarm among the large depositors. The bank has a surplus of $700,000 over its liabilities. STEAMERS FOR EUROPE. NEW YORK. December 29.-Five steamers fully laden sailed for Europe to-day. ANOTHER BANK FAILURE. WATERTOWN, N. Y., December 29.George W. Brooks's bank, of Lowville, has suspended payment. Liabilities, $60,000; assets equal. The failure is caused by lack of confidence.
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A RUN ON A SAVINGS BANK. ROCHESTER, N. Y., Dec. 29.-Rochester Savings Bank was the victim of a ridiculous run yesterday and to day.The officers were perfectly good humored and paid all demands cheerfully and promptly. The following sign was post ed to day. "This bank will be kept open all day and all night if necessary." The resources of the bank are over $8, 000,000, and the officers expect to hav e $1,000,0000 ready to draw on by Monday. reasurer Hart says he can pay every depositor and then have from $300,000 to $4,000 left, besides the bank building.
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Run on the Rochester Savings Bank. ROCHESTER, N.Y., Jan. 2-The run on the Rochester Savings Bank was insignificant, the fact that the bank is perfectly sound was soon established and allayed all excitement. Only the small depositors drew out their money.
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# Letter from Rev. J. Copeland. WEBSTER, N. Y., January 26, 1878 Messrs. Editors: -I learn from your paper of the 23d instant, which comes an ever welcome visitor into my family, that in St. Johnsbury pansies were picked in full bloom from the ground on New Year's day, and the song of summer birds was heard also. That is a remarkable fact, but we can equal it here, for on that same day, but a little distance from our house, a party were out in the door-yard engaged at a game of croquet, a thing that was never known here before at that time of the year, and probably may never be known again. The ground was entirely bare and the temperature mild, so that it was not at all un-comfortable to play at the game at that time. During December cherry trees were reported in blossom in some parts of this county. The mildness of the season is a common subject of remark. We have read of the mercury down to thirty eight degrees below zero not long since in your village; in this place it has not yet reached lower than four degrees below, and only once as low as that. We have had but six days' sleighing thus far, and that was very poor. No ice has yet been gathered for our summer use. It has formed at best only to the thickness of four inches, and remained at that only a couple of days. The streams are all clear at the present time and ice-gatherers think they have a gloomy prospect before them. Last winter was remarkable for its depth of snow and cold: this for the absence of snow and mildness. Business throughout this region is dull, and times are hard. I asked a man from an adjoining town, not long since, how the times were? He replied: "It is the liveliest time for debts that I ever saw. Everybody that you are owing wants his pay, and you have no money to pay with." One great trouble seems to be a want of confi-dence. Men do not know whom to trust. If one has a demand against another he wants it paid; then, if he gets the money in hand, he does not know with whom to trust it. A short run was made not long ago upon the Rochester Savings Bank, the oldest and strongest institution of the kind in the city, but all demands were met so promptly that it soon subsided. Those who drew their money lost several thousand dollars by drawing before the interest of the month matured, and then they could not re-deposit it, because no other bank of the city would take it A little later, in the same bank, it was discovered that the paying teller was a defaulter in the sum of ten thousand dollars. Fast living and desire for speculation were the cause. The temperance movement in our town still holds the interest of the people in an unusual degree. Regular meetings are held fortnightly, at which we have addresses, music and charades, and the attendance is very large A slight fee is charged to pay expenses. Last evening was very unpropitions-dark, rainy and muddy, but over two hundred were in attendance. A course of literary and scientfice lectures has grown out of the movement, and these are so well attended as to require the full capacity of the largest church of the place. Four of the eight lectures of the course have been given. They have more than paid their way, and there is no lack of interest yet manifested. Several who were thought to be beyond hope of reform have abandoned their old habits and come unto the temper-ance ranks, and promise well for time to come. Our mild weather seems not altogether conducive to health, but as yet no prevailing or fatal disease has manifested itself. J. C.