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informed the HERTLD correspondent to-day that they were prepared for run from now until next autumn. DEPOSITORS THE GREATEST LOSERS. He reports that they had an abundance of cash that they could not invest to advantage, and that they would save thousands of dollars in interest by the present excitement and withdrawal of deposits. Some of the other savings institutions, while they may be equally sound, are not prepared with a large surplus to stand 80 long extended drain on their treasury. The Union Savings Bank to-day decided 10 require the charter notice of intention to withdraw. The Rhode Island Institution has for some days been requiring notice from large depositors. SIMPLY A WANT OF CONFIDENCE. The lears expressed by those who are best able to judge of such matters, that the large withdrawals of money by persons unaccustomed to its care will subject them to the attacks of thieves and sharpers. and they will learn that it had been better to leave their money on deposit in banks. The trouble appears to be there is nort of a panic which seems to affect the whole city, and beyond the lew who understand the principle upon which these institutions are conducted and the care exercised in investing deposits, there IS a widespread want of confidence. The last annual statement of our Bank Commissioner published shows that our savings institutioos generally have been well managed, upon sound principles, and are 12 a healthy, solvent condition, many of them with a large surplus. Performing their usual functions, undisturbed by panic among depositors, they would pay a fair rate of interest. Somi-annually they disburse such sums upon call as are usual to such institutions and pay every depositor in full, principal and interest. With very few exceptions this is the status of every savings bank in the State. But the troubles in Fall River and the general sbaking of confidence caused by the defalcations there have created a panicky feeling that may prove disastrous. The banks have not yet made out their statements, but when they come it is expected that they will be satisfactory. Real estate has depreciated so rapidly that of course the banks which hold mortcages will suffer If compelled to sell. but the bank officers express themselves as fully able to pay dollar for dollar if given proper time. LARGE NUMBER OF FAILURES IN OHIO-NOMINAL ASSETS. CINCINNATI, April 27, 1878. The following petitions in bankruptcy have been filed:B. P: Hinman, broker, Cincinnati. Liabilities, $709,000; assets, $358. Nearly all the creditors reside in Cincinnati and Chicago, though $10,000 are held by the estate of W. P. Biodgett, New York, and $10,000 by R. F. Willis, Boston. James Ballard, merchant, Athens, Ohio, failed this morning. Liabilities, $60,000; assets not stated. William Clark, Martins' Ferry, Ohio. Liabilities, $137,000; assets, $28,000. Henry Wagner, Bond Hill, Ohio. Liabilities, $15,000; assets, $2,000. Samuel Gourtee, Cincinnati. Liabilities, $36,000; assets nominal. Benjamin Bruce, Cincinnati. Liabilities, $44,000; assets, $38,000. Frank Baird, Logan, Obio. Liabilities, $19,000; assets, $10,000. William Owen & Co., jewellers, Cincinnati. Liabilities, $19,000; assets, $18,000. Simen B. Elliot. Wyoming, Ohio. Liabilities, $24,000; assets. $3,300. C. G. Barkwell, Cleveland, Ohio. pork dealer, failed to day. HIS liabilities amount to $80,000 and his as. sets to $14,000. THE MATTHEWS BANKRUPTCY IN BOSTON. BOSTON, April 27, 1878. The creditors of Nathan Matthows, who in 1870 was worth from $6,000,000 to $7,000,000. have petitioned him into bankruptcy. Mr. Matthews has been an extensive operator in real estate, and bis failure is principally due to the enormous shrinkage in that class of property during the last few years. Judge Lowell has dismissed the petition, with the consent of the creditors, finding that Nathan Matthews had not committed an act of bankruptcy. FAILURE AT CYNTHIANA, KY. NASHVILLE, Tenn., April 27, 1878. B. C. Wherritt, Cynthiana, Ky. Liabilities, $31,000; assets, 25,000. BANKRUPTCY IN MICHIGAN. DETROIT, April 27, 1878. Joseph S. Tuttle, lumber and leather dealer, of Niles, Mich., filed a voluntary petitition of bank. ruptcy to-day. His liabilities amount to $66,000 and assets to $55,000. His secured liabilities are $31,000. VOLUNTARY BANKRUPTCY IN NEW ORLEANS. NEW ORLEANS, La., April 27, 1878. W. B. Krumbhaar & Co., proprieters of the Penn and Kentucky cotton presses, filed a voluntary peunion in bankruptcy to-day. THE UNION BANK OF LEWISBURG, PA., RECEIVES A BENT FROM THE TREASURY DEPARTMENT-THE CASHIER'S STATEMENT. PHILADELPHIA, April 27, 1878. The following telegram was received at the office of the Associated Press here this afternoon:LEWISBURG, Pa., April 27, 1878. Will have our account made good in United States Treasury by Tuesday next. The trouble was caused by my neglect not by any deficiency at the bank. H. P. SHELLER, Cashier Union National Bank. HARRISBURG, Pa., April 27, 1878. No uneasiness is felt in regard to the safety of the Union Bank of Lewisburg. The trouble arose through an oversight of the cashier in allowing the funds to become short in the Treasury Department at Washington. CASHIER BAINE OF THE SALEM (IND.) NATIONAL BANK ROBS THE BANK TO SPECULATE IN STOCKS-HE RUNS AWAY LEAVING 4 LARGE DEFICIENCY IN HIS ACCOUNTS. INDIANAPOLIS, Ind., April 27, 1878. James Baine, cashier of the Salem National Bank, is missing. The following note to his father-in-law was found in the bank this morning:Mr. LYONS-I am financially disgraced and ruined. Wall street did it. know not, and no oue cares, whither go. God save my wife and child. JAMES BAINE. He had a fortune of his own and is supposed to have been speculating is Wall street. It remains to be as. certained If the bank's money- bas been used, On opening the safe some $200,000 in money and bonds were found. The absconding cashier Baine abandoned his horse, turning him loose about ten miles west of Salem, and afterward obtained seat in passing wagon. When last hoard from he was at Prospect, some thirty miles west, and from lifteen to twenty miles away from the rail-oad and telegraph. William C. Winslangley, President of the Bedford Bank. IS conducting an examination of the Salem Bank's condition. He is unwilling to give any intormation until the examination is completed. A stockholder gives the information, however, that a deficiency of $30,000 has already been discovered. and that a reward is to be offered for Baine's eapture. Au impression prevails on the street that Baine's bond will probably cover his defalcation. BUSINESS TROUBI IN NEW YORK-PETITIONS AND PROCEEDINGS IN BANKRUPTCY-ASSIGNMENTS. Sylvester Murphy, builder, at No. 332 East Fiftysecond street, has filed a voluntary petition in bankruptcy before Register Dwight. His embarrassmentss due to the depreciation in real estate, and a large part of his indebtedness is for mortgage deficiency. The
