National Bank of New Jersey (New Brunswick, NJ)

Episode Information

Episode Type
Run → Suspension → Reopening
Start Date
September 5, 1884
Location
New Brunswick, New Jersey (40.486, -74.452)
Bank Type
national
Charter Number
587

Metadata

Response Measures

Accommodated withdrawals, Full suspension, Books examined

Notes

Contemporary reports disagree on the size of the loss (reports range from ~$250,000 to over $1,000,000).

Events (4)

1. November 25, 1864 Chartered
Source
historical_nic
2. September 5, 1884 Run
Cause
Bank Specific Adverse Info
Cause Details
Run was triggered by discovery/suspicion of large embezzlement/defalcation by cashier Charles S. Hill and his subsequent suicide.
Measures
Bank initially met demands; police kept back crowds; later payments were refused as investigation revealed large deficit.
Newspaper Excerpt
There is a big run on the National bank...the police are keeping back the crowd.
Source
newspapers
3. September 9, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Directors refused payment after examinations revealed large deficits and alleged embezzlement by officers.
Newspaper Excerpt
People have haunted the National bank of New Jersey since early this morning, but the payment of the deposits is still refused.
Source
newspapers
4. September 23, 1884 Reopening
Newspaper Excerpt
Controller Cannon has authorized the reopening of the bank to-morrow or Thursday...will resume business with unimpaired capital.
Source
newspapers

Newspaper Articles (20)

Article from Fort Worth Daily Gazette, September 6, 1884

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MYSTERIOUS DEATH OF A

CASHIER. NEW BRUNSWICK, N.J., Sept. 5.The New Brunswick National bank is examining its books. Charles S. Hill was found dead in his bed this morning. The county physician says that four of the gas-burners in Hill's sleeping-room were turned on, and his belief is that the cashier committed suicide. Several depositors closed their accounts. Some accounts were withdrawn. The number of depositors who demanded their money to-day was not large enough to amount to a run.


Article from Press and Daily Dakotaian, September 6, 1884

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Big Run on R Bank

New Brunswick, N.J., Sept. 5-There is a big run on the National bank and the police are keeping back the crowd. The bank, thus far, met all demands. It is rumored that there is a deficiency of $200,000. No one doubts but that the cashier, Chas. H. Hill, committed suicide. Gov. Abbott has appointed Mr. C. M. Stack, county clerk, to the place being vacated by Hill's death.


Article from The Dallas Daily Herald, September 7, 1884

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Run on a Bank

NEW BRUNSWICK, N. J., Sept. 6.There is a big run on the National bank. The police are keeping back a crash. The bank is paying all demands. It may close its doors to-day, as the surplus stock has been impaired. No one doubts that Chashier Charles S. Hill committed suicide. Gov. Abbott has appointed Dr. C. M. Black, County Clerk, to the place made vacant by Hill's death.


Article from The Indianapolis Journal, September 9, 1884

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CUT-THROAT BANKING.

The suicide of the president and cashier of the broken National Bank at New Brunswick, N. J., has a significance. Both thereby acknowledged a guilt only too apparent from the condition of the bank's affairs. But it is an unusual thing for two bank officials to put an end to their lives because of even a criminal defalcation, as in this instance. Usually in such cases the offender either runs away or stays and stands trial, and by the employment of skillful attorneys and pleaders escapes anything like just punishment for the offense. But it has become proverbial that Jersey justice means more than "justice" as interpreted elsewhere. These delinquents, doubtless, realized this, and, fearing to face the consequences of their crime, took the only avenue open to them and ended their lives. The country at large needs the same wholesome restraining enactments and the same unswerving enforcement, that makes them a terror to evil-doers in New Jersey.

There is too much of polite stealing, too much extravagant living, too much stock and grain gambling to raise money to keep up appearances. The bank at New Brunswick was literally stripped by two thieves—thieves beneath the honor of even burglars, in that they abused the confidence of their friends, and plundered them while occupying positions of honor and trust. A million dollars is gone, somewhere and somehow, and hundreds of honest and poor depositors are left without a dollar in the world.

Embezzlements are becoming altogether of too frequent occurrence, so much so that a facetious press makes standard puns on the rascality of bank officials in general. The basis of this questionable humor has too much truth in it for the good of society and of commercial integrity. Banks are breaking in all parts of the country, and, with but few honorable exceptions, examination shows that the officials have literally stolen them poor. Public sentiment will yet compel a better order of things in this direction, and if the right kind of laws be not provided, the people will feel compelled to take the matter into their own hands. Genteel thieves deserve even less commiseration than those that resort to jimmy and drill. The latter may in a measure be guarded against; but how may the trusted official who has the money in his hand be held accountable if not by stringent enactment and rigid enforcement of penalties? The man who embezzles a half million is as fit subject for the penitentiary as he who vulgarly steals a hun-


Article from The Evening Critic, September 10, 1884

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THE MORNING NEWS, ocal and General, Botled Worked Over and Fornished Fresh. ALWAYS busy while others are complain '00 *20 Brouth is injuring the tobacco crops outhern Mary land. The Columbia Railroad yesterday declare semi-annual dividend of six per cent. Clothing for school wear. Elseman, 7th & The Czar and Czarina have been receive 1 Warsaw with demonstrations of good Mr. Holton has decided to accept the ublican nomination in the Fifth Marylan Istrict. There were five deaths from the heat hiladelphia yesterday and a number of ) The Duke of Portland's colt Langwe on the Champagne stakes at the Doncaste meeting yesterday. The centennial celebration of the ation of Montgomery County, Pa., opened orristown yesterday. Fifty Russian Mormons arrived in ork yesterday and left for Beatrice, Nebrask where they will colonize. Col. D. O. Gebr. a prominent citizen Chambersburg, Pa., died Monday. He was ative of Washington County, Md. James Brown. of 1335 Cedar street, states 0 pus 10 esnoq B uro. orday and injured himself internally. The thirty-third semi-annual session he Homeopathic Medical Society of the f New York opened at Binghamton yester ay, The official bulletin shows 764 new f cholera and 341 deaths in Italy Ionday. King Humbert has given $20,000 he relief fund. A private letter from Cairo speaks of mpression there that Khartoum has falle General Wolseley and Lord Northbrook 10 unread The National Convention of Chief Engineers began in Chicago yesterda Nearly two hundred members of the assoct tion are in attendance. The son of Attorney-General Johnso of Liberia, formerly of Canandaigua, County, N. Y., has received news of father's murder in Liberia. Business has been paralyzed at Brunswick, N. J., by the failure of the tional Bank of New Jersey. The directors the bank are to be arrested. The twelfth annual prize meeting of National Rifle Aesociation of America yesterday at Creedmoor, L.I. About 200 men responded to the first call. Charles Carroll, colored, who recently saulted and offered indignities to a young In Howard County, Md., has been sentenced ten years in the penitentiary. The total loss by the great fire in Clev and Sunday night 18 one million dollars. Board of Trade has asked the City Council trengthen the fire department. The French Cabinet ministers will be ened to decide when the Chambers shall alled together. Government circles are urbed over the financial war prospect. Mr. Felix Draney has accepted the f Professor Prince, the bicyclist, to back orse for $200 to trot two miles against n his bicycle, at Athletic Park, Friday 'uoot In the Blaine-Sentinel libel suit at Hanapolis, yesterday, the defense served Ice on the plaintiff's attorney that they egin taking depositions in Kentucky on '1801 P& The Fourth District Republican tressional Convention at Marion, Ala., yeste lay nominated Jere Haralson, colored, Congress, over George H. Craig, white. 'OBID una TITAL The Democratic primary election in Eighth Congressional District of Kentucky sulted in the nomination of Governor B. McCreary, who defeated Hon Pate son, present member. 'op 2g SYUS'Y TO tij Ex-Judge Thomas S. Iglehart, of Annap 11s, metwith a painful accident Monday UB 01 sttached ujd полр us tirely through one of his feet. The Instrumer being blunt made a terrible gash. The telegraph and telephone compani in Philadelphia yesterday were notified to move all their wires and poles from the stree before January 1, 1885, in accordance the recent action of the councils. The Democratic campaign was opened the Fifth Congressional District of Marylar pus 1arge U 4114 14314 1681 18 thusiastic meeting, the speakers being T. Iglebart, Barnes Compton and Thomas Weeks. The West-bound train on the Memph and Charleston Railroad was thrown from track Monday night near Corinth, Miss. the passengers were more or less bruised. colored brakeman and a colored girl receive


Article from The Aberdeen Examiner, September 11, 1884

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THE city of New Brunswick

New Jersey was thrown into wild excitement on the 8th by the announcement that President Runyan of the National Bank of New Jersey, whose cahier suicided last week, had followed suit by cutting his throat, and that more than a million of dollars was missing from the bank. The crash will prostrate the city and county.


Article from Shepherdstown Register, September 12, 1884

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Rain, Death and Panic.

George S. Hill, cashier of the National Bank of New Brunswick, N. J., committed suicide last Thursday by inhaling gas. Examination of his accounts with the bank showed that there was a great deficit. A run commenced on the bank on Friday and was continued on Saturday, $144,000 being withdrawn by the depositors. Monday the trouble culminated in the tragic death of Mahlon Runyon, the president of the concern, who cut his throat with his pen-knife. Long before banking hours a crowd of men, women and children surrounded the bank and clamored wildly for their money. President Runyon drove up to the bank in his carriage. He was accompanied by his two daughters. "Good bye, papa," said Julia, the eldest, reaching out of the carryall as Mr. Runyon descended to the pavement, "I hope all will be well." "If you do not see me before night," he responded, "tell mamma I will stick to the bank." Twenty minutes later he sent Chief Fitzgerald, who was in charge of the bank, for a copy of the New York Times, in which a story was told of his complicity in the bank's downfall. Securing the paper, he went into the room occupied by the organizing directors and began to read. A deathly pallor spread over his face, and he exclaimed, "My God, what will my children do?" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself, went into the toilet-room of the bank. A minute later the sound of a fall was heard. The directors rushed to the closet, and discovered the body of Runyon on the floor. The blood was oozing from a gaping wound in his throat. Determined on suicide, he had cut his wrists deeply, the blood spurting against the wall and ceiling. Thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized depositors. Farmers from the country joined the throng and shouted for their money. The police flanked the street, and with difficulty quelled the rising disturbance.

The bank is in chaos. Over $1,000,000 was stolen by Hill. Mahlon Runyon, the president, was implicated in the theft of Hill, and expected to be arrested when he took his life. The acting cashier, Campbell, is expected to be arrested for complicity in the conspiracy. Walter Carroll, a depositor, cut his throat. Bank Examiner Shelly has discovered a deficit of over one million dollars in surplus cash and securities. The Ira Voorhis estate is partly ruined. Cashier Hill was left as the custodian of this estate and of the bonds and securities. He made away with them all. Over $19,000 was taken. In the G. B. Adrain estate over $30,000 is gone. Mahlon Runyon had $60,000 in government bonds. Hill had negotiated for the sale of these, and consummated the same three days before his death. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon was a willing tool in the hands of the designing cashier, who had the run of the bank. The effect on the town was crushing. The wildest excitement prevailed. The streets were thronged with country depositors. One hundred special policemen were sworn in by the mayer to surround the bank property. The coroner's jury in the case of Mahlon Runyon's death returned the verdict "Wilful suicide."


Article from The State Rights Democrat, September 12, 1884

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as heretofore—$100 per month; freight conductors are reduced from $90 to $85 per month; passenger and freight brakemen, from $60 to $55 per month, and baggage masters to $65. The reduction went into effect on the 1st inst.

Brunswick, N. J., is shaken to the very center by the worst bank failure and series of suicides yet chronicled in the United States, Cashier Hill, of the National Bank, speculated with $7,000,000 of money belonging to depositors and lost it all. Monday he committed suicide, and the President of the bank followed suit, also a depositor. Hundreds in the city are ruined and more suicides are looked for. Nearly everybody in the place is said to be wild.

Oregon may be a Webfoot country and very lonesome off in this extreme corner of the world; but when it comes to fast running horses it is decidedly up to the times. Oregon horses have the best time at the following distances: Hickory Jim, 1200 yards in 1:10; Jim Renwick, ⅝ mile, 1:00½; Blue Mountain Belle, ½ mile and repeat, 0:49,0.48, Olitipa, by imp, Leamington, has the credit of the best ½ mile, but in fact Susie S., of Baker City, Or., made the distance in 0:47½, Olitipa's time being 0.47¾.

An Indian confined in the jail at Cheney, W. T., was taken out last Sunday night by a mob of lynchers, a rope was tied to his neck, one end was thrown over the limb of a tree and then jerked down, suspending him in mid air, which proved too much for his nerves and he soon died. His brothers are said to be donning their war paint.

A marriage occurred at Eagle Point Thursday night says the Ashland Tidings in which the respective ages of the bride and groom were rather remarkable. H G Shock, the birdegroom, is 54 years of age, and Mrs


Article from Burlington Weekly Free Press, September 12, 1884

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A RUINED BANK.

Downfall and Death of its President and Cashier.

A New Brunswick, N. J., despatch says: Mahlon Runyon, president of the National bank of New Jersey, cut his throat from ear to ear at ten o'clock Monday morning at the bank. It is suspected that he was connected with the defalcation of Cashier Hill. Hill's operations were very simple. He borrowed whatever sums he wanted of the bank, giving good collateral at first. Then he stole the collateral and disposed of it, filling its place in the vault with worthless paper. When collateral gave out he got President Mahlon Runyon to sign notes with him, and between times he borrowed a little money of himself on his own notes. The board of directors, which it was supposed made a thorough examination of the bank's affairs once a year, did not, in fact, make anything like a thorough examination. It was of the most cursory kind. The securities were brought into the directors' room by Hill, who spead them out in neat packages, or loosely, as they might be, and as one of the directors checked off Hill would say, "Here's the security," and the bundle would be put away again. Not for an instant did any one of the board think of questioning Hill's word as to the contents of the packages or the intactness of any of the collaterals. This method of ex-amination had been going on for two years.

Examiner Shelley has discovered a deficit exceeding $1,000,000. In addition to his theft at the bank, Cashier Hill robbed the Ira Voorhees estate, of which he was custodian, of $19,000, and the G. B. Adrian estate of $30,000. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon was a willing tool in the hands of the cashier who had the run of the institution. At 9:15 a. m. President Runyon drove up to the bank in his carriage. He was accompanied by his two young daughters. "Good by, papa," said Julia, the eldest, reaching out of the carriage, as Mr. Runyon descended to the pavement. "I hope all will be well." "If you do not see me before night," he responded, "tell mamma I will stick to the bank." Twenty minutes later he went into a room occupied by the directors, and began reading a New York paper containing a story of his complicity in the bank's downfall. A deathly pallor spread over his face, and he exclaimed, "My God, what will my children do?" Passing a handkerchief over his brow, he threw the paper into the lap of Director Stoddard, and excusing himself, went into the toilet room. A minute later the sound of a fall was heard. The directors rushed to the closet and discovered the body of Runyon on the floor. Blood was oozing from a gaping wound in his throat. He had also cut his wrists deeply, the blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?" was the question which agitated the agonized depositors. Farmers from the country joined the throng and shouted for their money. The police flanked the streets, and with difficulty quelled the rising disturbance.

NEW BRUNSWICK, N. J., Sept. 9.-People have haunted the National bank of New Jersey since early this morning, but the payment of the deposits is still refused. The rumor of Director Letson's death was false. He was overcome by heat, but is still alive. L. D. Jarrard, formerly postmaster here, who is now in the Trenton jail, was so affected by the occurrence of the past few days that he had a hemorrhage, but is recovering. The city is paralyzed, work is suspended, stores closed and industry at a standstill. The directors of the bank are to be arrested.


Article from Savannah Morning News, September 13, 1884

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NEW BRUNSWICK CHEERED UP

The Broken Bank's Affairs in Much Better Condition than was Expected. NEW BRUNSWICK, N. J., Sept. 12.Bank Examiner Shelly last night completed his examination of the affairs of the National Bank of New Jersey and forwarded his statement to the Comptroller of the Treasury for official approval. The result of the examination shows a better condition of affairs than was anticipated, and to make matters more satisfactory a Director stated at noon today that since Mr. Shelly had completed his work they had found some assets which gave the bank a better financial show than was developed by the official inspection. The same director said that the bank would resume business in a week or ten days, and all reports as to a new charter and suspension until November were false. The directors said that much of the future course of the bank would depend on the liberality of the larger patrons. It is understood that the officers will take one of three courses open to them. If their largest creditors do not make a peremptory demand for their deposits in full, the business can be resumed on the old basis on the old stock. The director declined to state the other courses available. The condition of the bank's affairs is, therefore, much better than was thought possible four days ago. The agents of the Prudential Life Insurance Company to-day at 1 o'clock paid Mrs. Charles S. Hill, wife of the late Cashier Hill, the amount of his policy.


Article from The Ottawa Free Trader, September 13, 1884

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Among the phenomenally large number of banks that have gone to the wall in the last few months through the dishonesty of their officers, none presents more sickening features than the ruin, a week ago, of the National Bank of New Brunswick, N. J. The bank was supposed to be in the soundest and healthiest condition, until suspicion was awakened by the sudden suicide of its cashier, Mr. Hill. Even then an investigation could discover nothing wrong, until the suicide of Hill was followed by that of Runyan, the president. Then a closer investigation revealed that the bank had been robbed by its officers of over a million of dollars, and that it was hopelessly swamped-not ten cents on the dollar left for creditors or depositors. A clerk of the bank has followed the example of his superiors and also cut his own throat: and now Walter Carroll, a depositor, through grief at his loss, has done the same thing.


Article from The Caldwell Tribune, September 13, 1884

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A TERRIBLE AFFAIR.

The Troubles of a Beak Result in the Suicide of Its President and Cashier.

New Brunswick dispatch: The excitement over the double suicide of the president and cashier of the National bank of New Jersey has become intense. A statement furnished by the officials in June of the current year showed a paid-up capital of $250,000; surplus, $125,000; undivided profits, $78,180. There has been nothing in the public history of the bank since that date to cause any uneasiness to the stockholders. The suicide of the president strengthens the evidence of great frauds and creates unbounded astonishment. President Runyon was over sixty years old, and leaves a wife and four children. He had been president of the bank for five years. Over one million dollars were stolen by Hill. Mapleton Runyon, the president, was implicated in the theft of Hill and expected to be arrested when he took his life. The city is wild and crowds blockade Church street, where the bank stands. Acting Cashier Campbell is expected to be arrested for complicity in the conspiracy. Millionaires are trembling and more than two suicides are predicted. The mob threatened to break open the bank and were subdued by the police. Water Carroll, a depositor, cut his throat on account of losses.

There is great excitement in the city. Bank Examiner Shelly has discovered a deficit of over $1,000,000 in the surplus cash and securities. The town is wild, and men rush frantically to the doors of the National bank, only to be told that the business of that institution is suspended for the present. The Voorhees estate is partially ruined. Cashier Hill was left as custodian of this estate and of the bonds and securities made away with, all over $19,000 was taken here. In the G. B. Adrian estate over $30,000 was gone President Runyon, who committed suicide, has $60,000 in government bonds. Hill had negotiated for the sale of these and consumated some before his death. A clerk of the bank, who had been reported dead, was found alive at 1:45 p. m. Runyon knew nothing of Hill's doings, trusting him implicitly. The crash in Wall street in May last took the bulk of Hill's stealings. Runyon, though quite popular, was ignorant of financial matters and was a willing tool in the hands of a designing cashier. At 9:45 a. m. President Runyon drove up to the bank in a carriage. He was accompanied by his two young daughters. "Good by, papa," said Julia, the eldest, reaching out of the carriage as Mr, Runyon descended to the pavement. "I hope all will be well." "If you do not see me before night," he responded, "tell mamma I will stick to the bank." Twenty minutes later he sent Chief Fitzgerald, who is in charge of the bank, for a copy of the morning paper, in which the story was told of his complicity in the bank's downfall. Securing the paper he went into the room occupied by the organizing directors and began to read. A deathly pallor spread over his face and, passing his handkerchief over his brow, he threw the paper into the lap of Director Stoddard and, excusing himself, went into the toilet room of the bank. A minute later a fall was heard. The directors rushed to the closet and discovered the body of Runyon on the floor, blood oozing from a gaping wound in the throat. Determined on suicide, he had cut his wrists deeply, blood spurting against the wall and ceiling. The thousands of people outside were horrified. "Shall we raid the bank?"" was the question which agitated the depositors. Farmers from the country joined the throng and shouted for their money. The police with difficulty quieted the disturbance. At 1:20 one of the directors, John Letson, was reported dead. An investigation revealed the fact that he had become exhausted on account of the strain upon his nerves. He was a heavy stockholder and had deposited trust funds.

My God!'' exclaimed Director Stoddard, "the whole city will go. The city debt is now nearly $2,000,000 and the bank holds its paper. The Savings bank has gone under and we have their capital."

Martin A. Howell, who withdrew as director eight years ago, said: "I saw it was coming. Charley Hill was too liberal. The republican party went to him as its banker for funds. He doubtless took the bank surplus to aid his friends. Knowing the condition of affairs, I quietly withdrew."

"Why did you not let the public know your suspicions?""

"I was advised not to do so,"

"By whom?"

"By a director."

The effect on the town is crushing. The wildest excitement prevails. The streets are thronged with country depositors and there are fears of a raid on the bank. Hundreds of special policemen were sworn in by the mayor to surround the bank property. Acting Cashier Campbell says: "I have had fears of the present result for six months, but kept my mouth closed. I feared expulsion by the directors."


Article from Juniata Sentinel and Republican, September 17, 1884

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The New Brunswick National bank, of New Jersey, went up with the more than usual flourish last week. The president coucluded to go along with it, and committed suicide by cutting his throat. It may not be a pleasant thing to say it, but it is a fact, that if a few of the oficers had swung their worthless selves off some seven or eight years ago, their incapacity to run a financial concern would not have been revealed and over a million of dollars would have been saved to confiding useful people. The bankers cut a swell on other people's money, cut their I throats and went to


Article from Dodge City Times, September 18, 1884

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SEVERAL SUICIDES

And All Caused by the Failure of the New Jersey National Bank Through the Serious Results of a Speculating Cashier. The New Jersey National Bank, of Brunswick, N. J., failed through the detalcation of its cashier, Hill. It was at first supposed that it would reach only to about $250,000, but on investigation it was ascertained that the bank had been fleeced of a cool million. As soon as the defalcation was discovered the cashier committed suicide. The directors immediately began an overhauling of the books whereupon it was learned that the President, Mahlon Runyen, was implicated. The morning following this discovery he went to the bank and securing a copy of the morning papers, he went into the room OCcupied by the organizing directors, and began to read. A deathly pallor overspread his face, and he exclaimed, "My God, what will my children do?" Passing a handkerchief over his brow, he threw the paper into the lap of a director, and excusing himself. went into the toilet room of the bank. A minute later the sound of a tall was heard. The directors rushed to the closet and discovered the body of Runyon on the floor, the blood gushing from the ghastly wound in his throat. Determined on suicide, he had cut his wrists deeply, the blood spurting against the ceiling. The dead bank president had $60,000 in Government bonds. Hill had negotiated for some of these and consummated the same three days before his death. Runyon knew nothing of Hill's doings, trusting him implicitly. The crush in Wall street in May last took the bulk of Hill's sterling. Runyon, although quite popular, was ignorant of financial matters, and was a willing tool in the hands of the cashier. Upon the announcement of the death of Runyon to the clamorous mob on the out. side of the bank demanding their money, the exitement was intense. Shall we raid the bank? was the question which agitated the agonized depositors. Farmers from the country joined the throng and shouted for their money. The police flanked the street and with difficulty quieted the rising disturbance. The scene at the bank beggared description. Blood had flo wed from the room out upon the marble floor, staining it at a distance of four feet. "My God," exclaimed one of the directors "the whole city will go under. The city debt is now nearly two millions and the bank holds it paper. The Savings' banks have gone under and we have their capital." President Runyen, who committed suicide, was a farmer 60 years old, and leaves a wife and four children. He has been president of the bank five years. Runyon was not regarded as of much consequence in Wall street and not much can be gleaned concerning the dead president. He appears to have been known by a few operators in Wall street.


Article from St. Johnsbury Caledonian, September 18, 1884

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The Maryland prohibitionists have decided to put a state and congressional ticket in the field. Ex-Governor Hendricks denounces prohibition as an infringement of the rights of the people. Gen. Bragg of Wisconsin has written a letter denying that he said in a recent Chicago speech "Let the Irish go." Congressman Finarty of Illinois has come out, in his paper, for Blaine on the strength of the latter's aggressive foreign policy. The cholera epidemic in Naples is decreasing. During the 24 hours ending Tuesday evening there were only 470 new cases and 167 deaths. It is believed that Postmaster General Gresham will accept the judgeship of the eighth circuit, which will leave two vacancies in the cabinet. A receivership of the Bankers and Merchants' Telegraph company is contemplated, as the company is unable to meet its obligations. A resident of Philadelphia accidentally hung himself while endeavoring to prove that Bill Sykes could have been hanged in the manner described by Dickens. At the wedding of S. D. Stoner and Mrs. M. J. Scott at Burnside, Ill., Thursday night, canned fruit poisoned seventeen persons, including the bride and minister. Three victims will die. The directors of the national bank of New Jersey at New Brunswick *ate full that every creditor will be paid in and the bank will resume business. They claim that the capital of the bank remains intact. Opium joints are becoming so common in Boston that the common council has appointed a committee to go to New York to learn how to suppress them. A fast express train is to be run from Boston to St. Louis, leaving Boston at 3.30 p. m., arriving in St. Louis on the second morning via Niagara Falls and Detroit. The boiler of a cotton compress exploded at Enfaula, Alabama, Monday destroying the building and 300 bales of cotton and killing from 25 to 30 persons. C. R. Milliken, proprietor of the Glen house at the White mountains, Monday arrested a man named F. E. Smith from Belgrade, Maine, for stealing $2,000 worth of jewelry and diamonds from a guest's room. The balance of opinion of the London press justifies the killing of the boy Parker by the survivors of the wrecked yacht Mignonette in order to keep themselves alive. William V. Messer, 74 years old, of Boonton, N. J., shot his wife and daughter Friday while laboring under a fit of insanity, and then killed himself. The recovery of the wife and daughter is doubtful. Two Philadelphia and Reading rail-


Article from The Superior Times, September 20, 1884

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. 3. SUPERIOR, WISCONSIN SATURDAY, SEPTEMBER 20, 1884. three died from the disease while on THE CHIPPEWA ON MAHLON RUNYON, president of the colNEWS OF THE WEEK. the voyage from Cuba. lapsed bank at New Brunswick, N.J. nk A STEAMER arrived in New York on committed suicide on the 8th inst., by A Scene of Appalling Devas POLITICAL the 10th inst., with 500 Mormon concutting his throat. He was implicated Result of a Sudden verts on board for Utah. in the irregularities of Hill, the cashier. JOHN M. HILL was chosen as the DemA depositor named arroll has also THE directors of the collapsed NaTwo Hundred Houses Fl ocratic candidote for governor of New ended his life, which makes three tragetional Bank of New Brunswick, N. J., Bridges Swept Away-Th Hampshire at the state convention at dies growing out of the big steal. have officially announced that the bank Concord on the 10th. Placed at $4,000,0 IN a row between the Wilson and 0. will resume business, and that every one THE Massachusetts Prohibitionists will be paid in full. Thomburg families, at the house of the met in state convension at Boston on former, Ft. Wayne, Ind., on the 9th, UPPER crust society in New York The ravages of the flood k City the heads of both families were fatally was thrown into convulsions on the 9th the 10th and nominated J. H. Seelys of ley of the Chippewa River 1 icago hurt. climax on the 11th, and th Amherst College, for governor. by the announcement that Miss Victo1. Paul gan to recede. Both the WILLIAM LYLE, a reporter on the The Prohibitionists of New Hampria, oldest daughter of "Count" Morosini, and Chippewa reached t Times, got into a quarrel at Illinois Fair had eloped with Ernest J. Shelling, shire have placed placed Larkin D.Madented height of twenty-se her father's coachman. son in nomination for the governorgrounds, Chicago, with George Griege, swept away bridges, dams, ship. OVER 30,000 children attended the an engineer on the North-Western road, houses-everything in their THE Connecticut Greenbackers on on the 8th inst., the result of which was Illinois state fair at Chicago on the 9th bridge on the Chippewa ha inst. the stabbing of the latter in such a manthe 10th chose James L. Curtis as their GATES five railroad bridges and ner that he will die. candidate for governor. FREDERICK G. LINTZ, a prominent bridges. The first bridge &


Article from The Douglas Independent, September 20, 1884

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BEWARE

The Oregonian lately gave the news of the failure of the New Brunswick National Bank of New Jersey. In these days of Blaine's idealistic prosperity there is nothing strange or unusual in the suspension of Republican financial concerns very much to the distress and suffering of innocent depositors. In this case however, there is much furnished for reflection. Not only is the bank defaulter to the tune of $7,000,000 but the city of New Brunswick is bankrupted and thousands of people have been crushed beneath this great calamity. Where has all this large sum of money gone? Martin A. Howell, a former director of this concern sums up the matter in a few words. He said: "I saw it coming. Charley Hill was too liberal The Republican party went to him as a banker for funds. He doubtless took the banks surplus to all his friends." What a commentary this is upon the condition of the country. National banks and the money of confiding depositors are used-stolen and squandered, crime or no crime, suffering or no suffering-regardless of all consequences for the benefit of the Republican party. This is perhaps only one instance in a thousand. National banks and all monetary influence of the Republican party are in league with Hell to rule the Government and ruin the people and their country. Depositors beware, withdraw your money and bury it deep in the ground if necessary. An honest account of securities will show large deficits in every Republican banking establishment in the country. The day for counting is rapidly approaching, and when Cleveland is elected and he surely will be-suspensions and failures will be the rule and not the exception. What real money there is in the banks will be lost in the hopeless effort to maintain Republican supremacy. The people should save themselves whilst there is yet time for as sure as there is a God in Heaven the day of retribution is drawing nigh.


Article from The Daily Cairo Bulletin, September 23, 1884

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Will Resume With Capital Unimpaired

NEW BRUNSWICK, N.J., September 22. - -The National Bank of New Jersey will resume business on Wednesday with unimpaired capital. Every depositor will be paid in full. Director Lewis Howell will act as temporary President. The two vacancies in the directory have been filled by the election of John R. Russell and Peter Runyon.


Article from New-York Tribune, September 23, 1884

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A SUSPENDED BANK TO REOPEN

It is stated that the losses of the National Bank of New-Jersey, of New-Brunswick. will amount to about $250,000. Cashier Hill's defalcation will probably cover $200,000, while the balance represents the overdraft of the president. Controller Cannon has authorized the reopening of the bank to-morrow or Thursday. Lewis T. Howell has been elected president and E. S. Campbell cashier.


Article from Mower County Transcript, October 22, 1884

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GENERAL THE steamship Faraday has arrived off New York bar with the end of the Bennett-Mackey cable. HERDMEYER & STEIGLITZ'S woolen goods establishment at Chicago, is in the hands of the. sheriff. Judgments were confessed to the amount of $75,000. D. C. DEWFLL & ADAMS, grocers, Boston, have assigned. Liabilities $40,000. JAMES LEGG & Co., owners of the Mapleville mills, at Burrelsville, R. I., failed on the 15th, for $300,000. A DISPATCH of the 14th says smallpox has appeared at Argo, fifteen miles from Aurora, D. T. THE National Academy of Science began its session at Newport, R. I., on the 14th. LEWIS DICKINSON, one of the oldest residents of Racine, died on the 14th, aged 65 years. THE establishment of Davis, Atkinson & Co., pork packers, Chicago, has been seized by the sheriff to satisfy a debt of $25,000. G. H. CRAGG & Co., wholesale dealers in jewelry, New York City, failed on the 13th. S. S. DAVIS' private bank at Cincinnati, closed its doors on the 13th. Liabilities $60,000; assets $ 0,000. OWING to the decadence of cholera, the secretary of the treasury advises the discharge of the sanitary inspectors at London and Liverpool. THE United States grand jury has made a presentment against the New Brunswick National Bank of New Jersey. It says the bank's money was lost through fraud on the part of the cashier with the possible connivance of the president. It will be remembered that these two officers committed suicide,