fd9d3b14Full suspension, Books examined
Other: Placed under restrictions of new savings bank law in April 1878 (regulatory action).
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Another Cape Cod Savings Bank Gone Under. BOSTON, Oct. 4.-The Wellfieet Savings Bank, Cape Cod, suspended payment yesterday owing to a run on it by its depositors. The bank has 1,263 depositors and deposits amounting to $489,539.61, all of which is safely invested, and the bank is In good condition. There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence is restored.
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Big Bank Scare. National Associated Press to the Star. BOSTON, Oct. 4.-The Wellfleet Sayings Bank at Cape Cod suspended yesterday, owing to a run on the bank and general panic on the Cape among Savings Bank depositors, and probably all the banks will close until confidence is restored.
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Other Bank Troubles. NEW YORK, Oct. 4.-An examination of the books of the Brewers' and Maltsters' Insurance Co., shows that its capital is seriously impaired, and it is understood the superintendent has issued a requisition upon the company for $20,000 to make good the impairment. BOSTON, Oct. 4. - -The Wellfleet Savings Bank at Cape Cod, suspended yesterday, owing to a run. There is a general pauic in the Cape among Savings Bank depositors, and probably all banks will be closed until confidence IS restored. DERBY LINE, Vt., Oct. 4.-Studder's hotel, and a convent and church at Stanstead, burned. Loss $30,000; partly insured. CHICAGO, Oct. 4.-The Railway Mail Service Mutual Benevolent Association, will meet in Cincionati, Oct. 10th.
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Savings Bank Panic on Cape Cod. BOSTON, Oct. 4.-The Wellfleet Savings Bank. Cape Cod, suspended payment yesterday, owing to a run on it by its depositors. The bank has 4,263 depositors, and deposits amounting to $489,539.61 all of which is sately invested, and the bank is in good condition There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence 18 restored
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8 And Yet Another Savings Bank Gives up the Ghost and Keeps the Money. ROSTON, October 4.-The Wellfleet Savings Bank, at Cape Cod, suspended yesterday, and owing to the run there is a general panic in the Cape among the savings bank depositors, and probably all the banks will close till confidence is restored.
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TELEGRAPHIC BREVITIES. Jules Simon is out of danger. The Bank of England discount rate is advanced to four per cent. No deaths at Fernandina yesterday; nine new cases of yellow fever. It is announced from Constantincple that Suleiman Pasha has arrived at Rasgrad. A Belgrade special says that the militia has been ordered to assemble by the eighth instant. The Railway Mail Service Mutual Benevolent Association will meet in Cincinnati October 10th. The hearing of Gambetta's appeal against the sentence of the correctional tribunal is fixed for October 10th. The centennial of the battle of Germantown was celebrated yesterday by a parade, address and mass meeting. David Miller shot and killed his cousin, Sheridan Miller, at Dayton, Ohio, yesterday, and when arrested was found to be very drunk. The Studders hotel and a convent and church at Stanstead, near Derby Line, Vt., have been burned. Loss, $30,000; partly insured. Major Slack, who shot Marion Robertson at Lamar, Miss, on the 2d inst., was acquitted at the trial the next day. Robertson is out of danger. A Belgrade dispatch reperts an active interchange of communication between Servia and Greece, the dispatch of cannon to the frontier, and other warlike signs. Crosby Hayes, a wealthy farmer living six miles from Washington, Ohio, com mitted suicide yesterday by hanging himself in his wood-shed. No cause is known. The sudden decline of gold yesterday was due to the large withdrawal of gold from the Bank of England, which created the impression that it might become dearer. The American Board of Missions at the forenoon session yesterday at Provi. dence, R. I., heard reports from the various missions, showing them to be in a favorable condition. The women's board of missions was largely attended yesterday at Providence. Mrs. Moses Smith, of Chicago, and others made addresses. Twenty thousand dollars was asked for next year. Two road agents robbed a coach containing six passengers twelve miles from Fort Laramie, day before yesterday. They got $400 from the passengers, but nothing from the treasure-box. Dr. McFarland telegraphs from Port Royal that yellow fever exists there, but there is no need of assistance, as the population numbers only about fifty whites and the same number of blacks The heavy rain storm did considerable damage to the interior department building at Washington. It is now feared by many that the damage done by the flood may prove nearly as great as that by the late fire. The Rev. T. E. Baird, ex-secretary of the Presbyterian Board of Publication, is under indictment at Richmond for embezzlement of the funds placed in his hands. He has returned from Canada and will have a trial. The Well Fleet Savings Bank at Cape Cod suspended yesterday, owing to a run on their bank and a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence is restored. A violent storm of wind and rain prevailed at New York, Philadelphia and Baltimore night before last, and also all along the Atlantic coast. The railroads were injured and several wrecks are re ported with probably some loss of life. At the tenth annual session of the grand division of the Conductors' Broth erhood of the United States at Elmira yesterday it was unanimously resolved that in case any brother shall engage in a strike of railway employes he shall be expelled. The trade-sale of the Associated rubat ber-shoe began yesterday companies a from all attendance with large Boston, d d parts spirited, held tained. that Poles with railway a some tion sensation. A Vienna before arms of of the attempt have Polaud, stations the and N. recent had December been country. further dispatch as the was been it as in prices arrested conspiracy. seems well intended Austria seized auction says 6. The as were to for Roumania. at has indicate a bidding sales in the well connection number the produced The various will main direc that fact was be of er W. a A. Adams, correspondformerly ent of the Salt Lake Tribune and Chi5 cago papers over the nom de plumes of Old Pioneer," and Ching Foo," was killed yesterday in a shooting affray with John S. Bryant at Central City. The difficulty originated about a placer claim. Bryant was badly wounded and is not expected to recover Trusty reports from Berlin state that
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SAVINGS BANK SUSPENSION. BOSTON, Oct. 4, 1877. The Wellflect Savings Bank, Cape Cod, suspended payment yesterday, owing to a run on 12 by its depositors. The bank has 1,263 depositors and deposits amounting to $489,539 61, all of which is safely invested, and the bank is in good condition. There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence is restored.
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FINANCIAL. BOSTON, Oct. 4.-The Wellfleet Savings Bank at Cape Cod suspended yesterday, owing to the run. There la a general panic on the Cape among savings-bank depositors, and probably all the banks will close until contidence is restored
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THE YELLOW FEVER. Augusta, Oct. 5.-There are twenty-seven cases of yellow fever at Port Royal; 21 whites and 6 blacks. Five new cases yesterday. The population is ninety-four whites, 137 blacks. The mayor telegraphs: "We are sufiering for medicine, nurses and provisions." THE SECRET SERVICE. Washington, 5.-The commission investigating the secret service of the treasury department has examined Chief Brooks and assistant Chief Benson. Other:witnesses will be called. The commission decided to limit the investigation, excepting as to the condition and operations of the secret service division, since the fourth of March last, and to inquire into what improvement can be made. CROOKED TRANSACTIONS. San Francisco, Oct. 6-The Chronicle publishes the statement of John C. Meyers, suspended consul general to China, relative to his suspension by Minister Seward, which he claims was prompted by improper motives, and that Seward's hostility was due to the fact that Meyers had opposed him in corrupt and improper transactions; that Seward was interested in building roads and railways in the vicinity of Shanghai that Seward leased the consulate buildings and rented them to the United States at a protit ot four hundred dollars per month that one of the U.S. marshals, John Phoenix, had been serving five years under a temporary appointment, at the annual salary of one thousand dollars, while the fees of the office had been appropriated by Seward. The statement with corroborative documents will be presented to the senate committee. R. R. MEETING. New York, October, 5.-A meeting of the railroad freight men to-day, was lively and betimes demonstrative. It appears that the representatives of the Grand Trunk hold out against the proposed schedule of the east bound rates, and are dissatisfied with the present livestock arrangements. Many railroad men are in town, apparently on very important business, but they refuse to talk to the reporters. Responsible men predict a raise of five cents on some freights, and a decline of five cents on others. It is intended to abolish a special class, embodying all goods heretofore carried under this head, in grade known as 4th class; rates of which are to be lowered to meet the change. Many articles heretofore carried 4th class, will be transferred to 3d, and so on, until the whole list is rearranged. CONTRADICTED. Boston, Oct. 5.-It is reported that the suspension of the Wellfleet Savings bank is contradicted. EPISCOPAL CONVENTION. Boston, Oct. 5-At the Episcopal convention to-day, Rev. Dr. DeKoken, of Wisconsin, offered a resolution in behalf of the diocese of Wisconsin That the house of bishops concurring in the constitutional commission, be appointed, consisting of seven bishops, seven presbyters and seven laymen, to consider the question of change in the legality of the church, and also to consider what other amendments, if any, should be made in the constitution of the church, at the beginning, entering on the second century of its growth. On motion of Dr. DeKoven, this was referred to the committee on amendments to the constitution. The committee on amendments reported favoring the limitation of jurisdiction of the bishops of Texas, California, western and northern Texas, and recommended the house to ratify the amendment for the relief of Bishop Rice. Recess.
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Probable Closing of Banks. The Wellfleet savings bank at Cape Cod, Mass., suspended on the 4th, owing to a run. There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence is restored.
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Probable Closing of Banks. The Wellfleet savings bank at Cape Cod, Mass., suspended on the 4th, owing to a run. There is a general panie on the Cape among savings bank depositors, and probablv all the banks will close until (confidence is restored.
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The Work of Pirate Sherman, BOSTON, April 8.-The Wellfleet, Mass., savings bank, with deposits of $422,163, and the South Boston savings bank, with deposits of $1,565,962, finding themselves unable to meet the demands of depositors, have been placed under the restrictions of the new savings bank law. PROVIDENCE, April 8.-The suspension of one of the savings bank in Pawtucket causes 60 much disturbance in the minds of depositors in other similar institutions in the village, that, at the request of the trustees, the Governor has appointed a commission to examine the Franklin and Pawtucket institutions for savings.