Brooklyn Savings Bank (New York, NY)

Episode Information

Episode UID
1036670694
Episode Type
Run → Suspension → Reopening
Bank Type
savings
Bank ID
103667 routing
Routing Number
1-0366
Start Date
October 10, 1857
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e91b219a5b7323ad

Response Measures

None

Events (3)
1. October 10, 1857 Run
Cause
Macro News
Cause Details
Wider financial panic of October 1857 (railroad note protests, money scarcity) triggered withdrawals.
Measures
Bank paid out deposits, organized meeting of depositors who expressed confidence; accommodated needy depositors.
Newspaper Excerpt
There was a run made this morning on the Brooklyn Savings Bank: A large crowd was congregated in at the Bank and some excitement prevailed. The Bank is abundantly able to meet the run.
Source
newspapers
2. October 14, 1857 Suspension
Cause
Macro News
Cause Details
Trustees suspended receipts/payments because of general suspension of specie payments and inability to convert securities without sacrifice.
Newspaper Excerpt
In consequence of the suspension of specie payments by the banks, the Trustees of the Brooklyn Savings Bank have concluded that ... for the present, discontinue receiving or paying deposits.
Source
newspapers
3. October 16, 1857 Reopening
Newspaper Excerpt
The South Brooklyn Savings Bank expect to reaume business to-day. The Brooklyn Savings Bank accommodated depositors ... it will be right again in a few days.
Source
newspapers

Newspaper Articles (13)
1. October 12, 1857 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, October 12, 1857

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Trancial. Njw YORK, Out 10-M The reported failure of Geo. BIi S & Co urrent in the streets yesterday proved to be untrud. The firm is one of the strong st in the city, and entertain no thought of suspension: Illinois Central Railroad and Erie Railroad have both suffered their notes to be rotested. Money depressed. Seymour & Co., paper dealers, Coit & Co., sugar dealers, J. W, Colies, dry goods, have miled. BOSTON. Oct 10Money depressed Merchants, h. wever. generally neeting their notes. No new failures. AUGUSTA. On, Oct 10-PM Reliable intelhgence from Charleston announees the suspension of the Bank of the State of South Carolina. a State institution. TOOT NEW M There was a run made this morning on the Brooklyn Savings Bank: A hurge was ngregated n at the Bank and some excit ment previded. The Police was called to preser order. The Bank is abundantly able to meet the run. There was a run on the Bowery Savings Bank. but that institution met all demands promptly. The Park Bank came out stronger claim before, BOSTON, Oct 1 -PM In consequence of delay in Western remittances and thealmost total suspension of P per negotiation here. the M. U. R. R. suspended payment until they can realize from the proposed ubeription to bonds. They will pay their coupons as usual. RICHMOND, Oct 10-P M The Governor has cansed a pro lamation prohibiting the notes of the Bank of Kanawho from being received for debts due the S ate. the Bank having failed to redeem and moved a large amount of its assets beyond the limits ot the State.

2. October 13, 1857 Daily Iowa State Democrat Davenport, IA
Article from Daily Iowa State Democrat, October 13, 1857

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The Financial crisis. New York, Oct. 10. The paper of the N. Y. & E. R. R. and Ill. Central R. R. has gone to protest. J. W. Collins & Co., Dry goods, and Colt & Co., sugar importers in the Savannah trade, have failed. To-day is the bluest yet. The Tribune of this morning reports the following suspension: W. A. Cary, Sicks, Wood & Grant. Connelly & Adams, G. S. Heilman, Buckley & Moore, and Baptist & White, tobacco dealers. A run oh the Brookly Savings Bank has been promptly met this A. M. A meeting of those present was organized, and resolutions passed expressive of their confidence in its safety, and a willingness to have their deposits remain. The report of the suspension of George Bliss & Co., published yesterday, is entirely destitute of truth. The firm is one of the most prosperous in the city, and have not thought of suspending.

3. October 13, 1857 The Davenport Daily Gazette Davenport, IA
Article from The Davenport Daily Gazette, October 13, 1857

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LATEST NEWS. New York Money Market--The Bluese Day Yet. New YORK Oct. 10. Prices of stocks are rather better, but outside it is the bluest day yet. Erie and Illinois Central Railroad Companies gone to protest. Money is scarce and much wanted at high advanced rates. Sterling Exchange is nominal. The failures this morning are J. W Corlies & Co., dry goods, and Colt & Co. sugar importers, Savannah trade. New York, Oct. 10. P. M To-day has been the bluest one yet in our market. The Illinois Central Railroad Company has made an assignment. The run on the Bowery Saving= Bank continued throughout the day. It is believed the bank is amply able to meet all its liabilities. The run on the Brooklyn Savings Bank had somewhat subsided at noon. Up to that hour $90,000 had been drawn out. Genin. the well known hatter, and Fen ton & Lee, have suspended. Railroad stocks went down still further, Illinois Central Railroad bonds falling off 15 cents, and the shares 5 cents. The Park Bank went through the run yesterday nobly and closed out to-day stronger in specie than before. There was a large business in State Stocks mostly at lower prices. Bank stock sold at a slight decline. There were rumors in the afternoon of feeting the credit of SOINE of the heaviest houses in the city. II. A. Coit, whose failure is announced today, is the agent of Drake & Co. of Havana. The Cowery Bank goes into liquidation. Stocks at Second Board were dull Missouri sold at 64 14 Virginia 70; Canton Co., 13; Erie R. R. 7318; Illinois Central 74: C. & H 8; Le Crosse & Mil. 51 1-4.

4. October 13, 1857 Worcester Daily Spy Worcester, MA
Article from Worcester Daily Spy, October 13, 1857

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Money Matters. NEW YORK, Oct. 12.-No improvement today in money matters, besides the Grocers' Bank suspension. There were a few unimportant failures of merchants. There is a rumor that a party of business men had gone to Albany to urge the Government to call an extra session of the Legislature. At the clearing house-today, it was resolved by the banks to maintain specie payments at all hazards. The failure of the Grocers' Bank created no excitement. The other banks continue to receive its bills on deposits. There was a renewal of the run on the Brooklyn Savings Bank, but all demands were promptly met. There was also a slight run at noon on the Marine Bank. Dispatches from St. Louis announce the failure of Doane, King, & Co., and Collins, Kirby, & Co., of that city, each with liabilities in the Atlantic cities of $1,000,000. Our bank returns today show a decrease in loans of upwards of $2,500,000, and an increase of $75,000 in specie. BOSTON, Oct. 12.-There is nothing new to notice in money affairs. The stringency continues, and what little transactions take place at the brokers' board are mostly pressed sales at low prices. The directors of the Michigan Central Railroad publish a card asking an extension of its paper, maturing between the present date and such time as funds can* be realized from the proposed loan advertised for the 10th of November next. The coupons of the company will be paid as usual, and no change will be necessary in the management of the road.

5. October 13, 1857 The Davenport Daily Gazette Davenport, IA
Article from The Davenport Daily Gazette, October 13, 1857

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LATEST NEWS. New York Money Market--The Bluest Day Yet. NEW YORK, Oct. 10. Prices of stocks are rather better, but outside it is the bluest day yet. Erie and Illinois Central Railroad Companies gone to protest. Money is scarce and much wanted at high advanced rates. Sterling Exchange is nominal. The failures this morning are J. W. Corlies & Co., dry goods, and Colt & Co., sugar importers, Savannah trade. NEW YORK, Oct. 10. P. M To-day has been the bluest one yet in our market. The Illinois Central Railroad Company has made an assignment. The run on the Bowery Savings Bank continued throughout the day. It is believed the bank is amply able to meet all its liabilities. The run on the Brooklyn Savings Bank had somewhat subsided at noon. Up to that hour $90,000 had been drawn out. Genin, the well known hatter, and Fenton & Lee, have suspended. Railroad stocks went down still further, Illinois Central Railroad bonds falling off 15 cents, and the shares 5 cents. The Park Bank went through the run yesterday nobly and closed out to-day stronger in specie than before. There was a large business in State Stocks mostly at lower prices. Bank stock sold at a slight decline. There were rumors in the afternoon atfeeting the credit of some of the heaviest houses in the city. H. A. Coit, whose failure is announced today, is the agent of Drake & Co. of Havana. The Cowery Bank goes into liquidation. Stocks at Second Board were dull; Missouri sold at 64 14: Virginia 70; Canton Co., 13; Erie R. R. 73 1-8; Illinois Central 74; C. & H. 8; Le Crosse & Mil. 51 1-4.

6. October 15, 1857 The New York Herald New York, NY
Article from The New York Herald, October 15, 1857

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BOWERY SAVINGS BANK. The run upon this bank was resumed yesterday morn eg, but towards afternoon the crowd considerably thinged off. A large force of police were in attendance to keep order, but their services were but little needed, as the people were both orderly and in good homor. The bank paid out ten per cent on all deposits, without asking for the usual notice, according to the following by lev:No person shall have the right to demand any part of bis principal or interest without producing the original book. that such payments may be entered therein, or at any other times than on the third Monday in each and every month, upon previous notice of one week to the secretary; and no less sum than live dollars of the capital of any depositor shall be withdrawn, unless the whole sum deposited be less than that amount. This gave great an 1 general satisfaction, and it is pre sumed the end of the run on this excellent and thoroughly sound institution end. Qatte a number of persons who had withdrawn previously, re deposited their respec live sums yealerday, and several new accounts were opened. This bank paid osi yesterday $10,000 up to balf past three o'cleck. One of the officers told our re porter they had $400,000 as yet unlouched in the Assay office. INCIDENTS, ETC. The deposits in a number of the banks are increasing, and the excitement in many quarters dying out. Some of those who have been drawing money in apaste al the savings banks sold the same at a premium, and de posited what was drawn In the very city bills bought The savings banks will put an end to this by paying out city bills to their depositors. We heard of several robberies committed, besides the loss by depositors through carelessness. One young woman who drew $75 thought she placed the money la her pocket, but instead it fell on the sidewalk, and some of the golden treasure found its way into more secure quarters. She only reco vered $55 of the amount. Another woman very fooliahly placed her deposit in a basket she carried, and before she went Twenty paces it was stolen. BROOKLYN SAVINGS BANK. The following notice was posted on the trees in the vial. nity of this bank, on Fulton and Concord streets, yester. day. The crowd was not large at any time during the day, and but very little excitement prevailed:Notice to Depositors in the Brooklyn Savings Bank. In consequence of the suspension of specie payments by the banks, the Trustees of the Brooklyn Savings Bank have concluded that their duty to their depositors demands that they should, for the present, discontinue receiving or paying deposits. In this emergency they cannot convert their securities into money without sacrificing the property held in trust by them for you. They assure the depositors that their money is invested in bonds and mortgages, se eured by real estate worth double the amount of the los 10, and State stocks, county and city bonds of undoubted se curity, bearing interest. As BOOS as circumstances will permit the regular business of the institution will be resumed, of which due notice will be given By order of the Board of Trusters. HOSEA WEBSTER, President. BROOKLYN, Oct. 14, 1857. It is stated that this bank has paid out, since the run be gan, about $300,000. An officer of the bank declared yes terday morning that there was now more specie in the vanits than there has been on any day since the commence ment of the pasic, but it was useless to pay it out to people who didn't want 14, to the detriment of others. The crowd about the bank did not appear excited, and readily re celved the statements of the safety of their de posite. SOUTH BROOKLYN SAVINGS BANK. This bank closed its doors yesterday morning. The fol lowing announcement is posted on the door:SOUTH BROOKLTN A INSTITUTION.) Oct. 1857. In consequence of the suspension of specie payments of the banks of the cities of New York and Brooklyn. the trustees of the South Brooklyn Savings Institution feel bound in duty to the depositors, for the present to discontinue the receiving and paying of deposite in this emergency they cannot con vert their securities into money without a sacrifice which they do not feel as liberty to make. because these securities consist of bonds and mortgages on real estate in this city, worth double the amount loaned, and of New York and Brooklyn city bonds, and Kings county bends, bearing interest No security is more acques tionable, and thus far not do lar has been sacrificed. As soon as circumstances permit the regular business of the bank will he resumed. By order of the truetees, C. DUNNING, Secretary. IRA SMITH, President The Brooklyn Savings Bank expects to beable to resume operations in a few days. THE WILLIAMSBURG SAVINGS BANK. There has bean an almost constant run upon this bank for two weeks past, and on Tuesday they paid out more specie than on any previous day, but notwithstanding this, they opened the doors yesterday afternoon with a larger amount of specie in the vaults than on any previous day. At a meeting of the directors on Tuesday night, the following resolution was passed:Resolved, That it is expedient and for the best interests of the depositors in this bank, to avail ourselves of the right secured to as by the by laws of this Institution, to re-

7. October 15, 1857 M'arthur Democrat McArthur, OH
Article from M'arthur Democrat, October 15, 1857

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Financial News. NEW YORK, Oct. 10. The Illinois Central and Erie Railroad Companies have both suffered their notes to be protested. Money is depressed. Messrs. Seymour & Co., paper dealers ; Coit & Co., sugar dealers, and J. W. Corlies, dry goods, have failed. A run was made this morning upon the Brooklyn Savings Bank. A large crowd was congregated in the vicinity of the bank, and much excitement prevailed. The Police was called to preserve order. The bank is abundantly able to meet the run. There was a run upon the Bowery Savings Bank to-day, but that institution met all demands promptly. The Park Bank went through nobly, coming out stronger than before. BOSTON, Oct. 10. The money market is depressed.The merchants are, however, meeting their notes. There are no new failures. In consequence of the delay in Western remittances, and an almost total suspension of paper negotiated here, the Michigan Central Railroad has suspended payment until they can realize from the proposed subscription to its bonds on the 10th of Nov. They will pay their coupons as usual. Augusta, GA., Oct. 10. Reliable telegraphic intelligence from Charleston announces the suspension of the Bank of South Carolina -a State institution. C. M. Firmer is the President. RICHMOND, Va., Oct. 10. The Governor has issued a proclamation prohibiting the notes of the Bank of Kauawha being received in payment for money due the State; that the bank had refused to redeem its notes, and has removed a large amt. of its assets beyond the limits of the State.

8. October 15, 1857 The Weekly Pioneer and Democrat Saint Paul, MN
Article from The Weekly Pioneer and Democrat, October 15, 1857

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Fluancial Matters. On Saturday, a "run" on the Brooklyn Savings Bank, was promptly metand a meeting of those present was organized, and resolutions passed expressive of their confidence in its safety, and a willingness to have their deposits remain. In New York, on Saturday, the Stock Market was better. but on the streets there wasa gloomy day. New York and Eric and Illinois Central Railroad Co. both have ing gone to protest. Money was searce and wanted at advanced rates. Sterling Exchange nominal. The failures were J. W. CORTIES & Co., dry goods, and COTT & Co., sugar importers. The following are Stocks having quotations:

9. October 15, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 15, 1857

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BROOKLYN SAVINGS BANKS. BROOKLYN SAVINGS BANK. The Brooklyn Savings Bank at Fulton and Concord streets is closed. The following notice is posted in front: In consequence of the suspension of Specie Payments by the Banks, the Trustees of the Brooklyn Savings Bank have concluded that their duty to their depositors demands that they should, for the present, discontinue receivingor paying deposits. In this emergency they cannot convert their securities into money without sacrificing the property held in trust by them for you. They assure the depositors that their money is in vested in Bonds and Mortgages, secured by Real Estate, worth double the amount of the Loans, and State Stocks, County and City Bonds of undoubted security, bearing interest. As soon as circumstances will perm the regular business of the institution will be resumed, of which due notice will be given." The surplus in this bank on the 1st of July amounted to $209,544.28 The President stated that at the present time the surplus is about the same, as it does not vary $10,000, either more or less, at any time. This bank is waiting to see what the other institutions will do. It will be open to-day for the purpose of giving information to such depositors as may visit the institution. CENTRAL BANK SAVINGS DEPARTMENT. This Central Savings fund has gone down with the Central Bank, of which it was an important limb. FARMERS' AND CITIZENS' BANK SAVINGS DEPARTMENT. The same as the Central. SOUTH BROOKLYN SAVINGS INSTITUTION. Tne South Brooklyn Savings Institution, at Atlantic and Clinton streets, is closed for the present. The following notice is posted on the door: In consequence of the suspension of specie psyments of the banks of the City of New York and Brooklyn, the Trustees of the South Brooklyn Savings Institution feel bound, in duty to the der ositors, for the present to discontinue the receiving and paying of depositors. In this emergency they cannot convert their securities into money without a sacrifice which they do not feel at libery to make, because their secutities consist of bonds and If ortgages on real estate in this city worth double the amount loaned, and of New York and Brooklyn City bonds, and Kings County bonds, bearing interest. No security is more un questionable, and therefore not a dollar has been sacrificed. As soon as circumstances permit, the regular business of the bank will be resumed. This institution publishes the following statement of its affairs: STATEMENT OF THE SOUTH BROOKLYN SAVINGS INSTITUTION, October 1, 1857. Bonds and mortgages on property in the City of Brooklyn, with double the amount loaned there$192,765.00 on, and interest accrued on the same Stocks of the Cities of New-York and Brooklyn and 131,600.00 Kings County, and interest 40,850.00 Loans on Stocks 23,000.00 Real estate 18,927 49 Cash on hand 407,142 Total $397,752.04 Liabilities THE WILLIAMSBURGH SAVINGS BANK. There has been an "almost constant run upon this Bank for two weeks past, and on Tuesday they paid out more specie than on any previous day, but notwithstanding this they opened the doors yesterday afternoon with a larger amount of specie in the vaults than on any previous day. At the meeting of the Directors on Tuesday night, the following resolution was passed: Resoived, That it is expedient and for the best interests of the depositors in this Bana to avail ourselves of the right secured to us by the by-laws of this Institution, to require one month's notice before payment on all drafts amounting to over fifty dollars. Before adjourning, the Directors learned of the action of the officers of the New-York Banks to suspend specie payment, and accordingly decided to pay depositors current bills, should they prefer them to waiting 30 days. At 3 o'clock, the hour of opening, there were about fifty persons in waiting, and up to 7 o'clock there was no press. A majority of the depositors received bills, while a few gave the required month's notice. THE WILLIAMSBURGH CITY BANK. The excitement in the vicinity of this bank, caused by the suspension of specie payments of the NewYork City banks, was almost entirely allayed. For a hile in the morning the business was interrupted in consequerce of the bills having been exhausted the evening previous. Mr. Field, the cashier, visited some twenty banks in New York, and, with one exception, was unable to procure any bills on the best security, the banks being all in the same condition. After the returns of the Clearing-House had been made business went on as usual. The amount of deposits was about equal to that withdrawn. Shortly after closing & large amount of bills was received for the operations of to day. Mr. Field states that this bank has never been on a firmer basis than at present, and there would not have been a suspension of specie payment but for the action of the New-York banks, as they have a plenty of specie in their vaults. The circulation of this bank, it is stated, amounts to $140,000. They are receiving on posit all the bills of New-York and Brooklyn Backs, except the East River, Bowery, Grocers, and Marine, and the Central of Brooklyn.

10. October 16, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 16, 1857

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burgh City Bank order Vacaulog the appoint ment of Mr. Beach as Receiver, inasmuch as the assignees and some of the principal stockholders were, it is alleged. not reprecented on the application. Argument will be heard on this motion to-day. THE BROOKLYN SAVINGS BANKS.- The South Breoklyn Savings Bank expect to reaume business to-day The Brooklyn Savings Bank accommodated depositors in needy cin cumstances yesterday, and it is co fidently expected that it will be right again in a few days. THE REPUBLICAN JUDICIAL CONVENTION OF THE SECOND DISTRICT.-This Convention met in the S. preme Court Room of the City Hall at the same time. Gen. H. B. Duryea was appointed Chairman, and John J. Clapp of Westchester, Secretary. The roll of Delegates was then called and the following answered: Kings- S. M. Meeker, D. C. Winslow, S. E. Church, Wm. C. Coit. H. B. Duryea, J. K. Miller, J. H. Rodman, S M. Parsons, C. J new Wm. Peet. C. J. Fish, Geo. H. Fisher, James Gridley, D. .T. Waldron. Westchester-D. W. Travis. Nelson Baker, J. J. Clapp, Odell Close, Silas D. Gifford, F A. Coe. Queens-A. G. Carli, Lott Cornelius, G. Sayers, R Ingram. Suffolk- W. Smith. E Griffin. Rockland-Lutho Caldwell. Richmord-Theo C. Vermilyea, T. Westervelt. Putsam-J. G. Miller, J N. Howell. Dutchese- H. C. Place, L. L. Brooks, Robert N. Palmer, M. A. Fowler. Orange-D. A. Scott, J. C. McConnell, A.H. Sinsebaugh. An informal ballot for Judge of the Supreme Court for the Long Term was then taken, as follows Edward Wells of Westcheater. Lucien Birdreye of Kings Jesse C Smith of Kings. W.I Street of Richmond The following Committee of Conference was then appointed to meet a similar committee of the Ameri cane, Lamely: Rodman of Kings, Travis of Westchester. Sayers of Queens, Miller of Putnam, and Fowler of Dutchess. A recese was then taken, and on reassembling, the Convention proceeded to ballot for the long term, with the following result: 20 Edward Wells.. Lucien Birdseye An informal ballot was then taken for a candidate for the short term, as follows: 4,Thomas Nelson Alex. Hadden 18/W.I. Street. Jesse C. Smith 9A. W. Dans Edward Wells A formal ballot then taken resulted in the nominati of Jesse C. Smith: Street Smith Dans. Wells. Neisen The Conference Committee was renewed, and a re. cess wastaken to ble the two Committees to make a choice of candidates. The Conference Committees -Two Conference Committees were successively appointed without being able to come to 80 agreement. A third was finally selected. and they concluded that the R should have the nominee for the short term from Brooklyn, and the Americans the no nicee for the long term from the country. In accordance with this agreement, The Americans nominated Thomas Nelson of West cheeter for the long term, and The Republicans nominated Lucien Birdseye of Kings Coulty for the short term. REPUBLICAN ASSEMBLY CONVENTION.-The Republican Convention for the Sixth Assembly District is to be held this evening. A8 there appears to be some disstification in regard to the manner in which the American Convention for the same district have made their romination, it is not probable that any union will be effected. The candidates most prominent among the Republicans are William Wall and Damas Strong, eege. DEMOCRATIC ASSEMBLY NOMINATION.-John A Dayter, pro tem nominated for Assembly by the Democratic Convention of the Fifth District, Nineteenth and Eleventh Wards, in place of Felix Campbell, declined. THE AMERICAN JUDICIAL CONVESTION FOR THE SECOND DISTRICT.-The American Convention to nominate candidates for Judges of the Sapreme Court of the IId Judicial District, met in the Governor's Room, City Hall, yesterday afternoon. Howard C. Cacy of Kings was called t the Chair, and H. W. Eastman of Queens was appoint ,d Secre taxy Committee on Credentials having been appointed, colsisting of Messre. Nelson of Westchester and Reeve of Queens, the list of delegati 58 was called as followe Kinge-Martin Schoonmaker, John Q. Adams, Adam Suydam, Geo. L. Bennett, H. C. Cady, C. M. Felt, H. D Peck M. B. Voorbies, J. H Clayton J. J. Post, E. H Burnett, John M. Corlies, J. R. Buiton, R Isdell, G. M Stevens, J. B. Teel, D. L. Northup, E. T. Wood, Wm. H. McDonald. Queens-II. W. Eastman, J. T. Reeve, E. Webster. Richmond-S. B. Wood. Westchester-H. Nelson, J. P. Sanders, M. L. Cobb, A.J. Hyatt, W. C Howe. Orange-S. J. Wilking, J. D. Friend, C. Bremer, J. M. C. Leper. A Committee of five, one from each county, was on motion, appointed to confer with & similar Committee appointed by the Republican Convention. Toe Chair appointed Messrs. Sanders of Westchester, Wilkine of Orange, Wood of Kings, Webster of QUEEDS and Wood of Richmond as such Committee. On metion each Assembly District was privileged to cast three votes Mr. Thomas H. Rodman, from the Republican Con vention, was bere announced as Chairman of the Committee of Conference appoiated by that body. A receive thereupon taken to enable the Committees to confer. On reassembling, Mr. SANDERS, of the Committee, reported that the Joint Committee had come to the conclusion that each Convention proceed to nominate cardidates for the long and short terms, and suggested that the Committee be continued and empowered to select two candidates from the four receiving the higheat votes-one a Republican. the other ao American subject to the approval of the Convention. The report wasaccepted. After some discussion, a ballot was taken for a candicate for the abort term, with the following result: Thomas Nelson John Dikeman Robert S Hart Selah Squires M Cobb. 45 Total S J. Wilkin A formal ballot was taken without choice, and on the record formal ballot Judge Wilkies was nominated by the following vote: 23 S.J. Wilkins of Orange 20 John Dikeman, of Kings. M L Cobb, of Vestchester 45 Total On motion of Mr. Estiman, the nomination of Mr. W kina was declared meanimous. Nominations were and an

11. October 21, 1857 Weekly Council Bluffs Bugle Council Bluffs, IA
Article from Weekly Council Bluffs Bugle, October 21, 1857

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NEW YORK, Oct. 10. To-day has been the bluest one yet in our market. The Illinois Central R. R. Co. made an assignment. The run on the Bowery Savings Bank continued throughout the day. It is believed to be amply able to meet all its liabilities. The run on the Brooklyn Savings Bank had somewhat subsided at noon. Up to that hour $90,000 had been drawn out. Genin, hatter, and Fenton & Lee have suspended. Railroad stocks went down still further, Illinois Central R. R. bonds falling off 15, and the shares 5 cents. The Park Bank went through the run yestergay nobly, and closed out to-day stronger than before: There was & large business in State stocks, mostly at lower prices. There were rumors in the afternoon affecting the credit of some of the heaviest houses in the city. H. A. Colt, whose failure is announeed to-day, is agent of Drake & Co₂, Havana. The Bowery Bank goes into liquidation.

12. October 24, 1857 Keowee Courier Walhalla, Pickens, SC
Article from Keowee Courier, October 24, 1857

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FLEECED BY Pickrockers.-During the foolish run on the Brooklyn Savings Bank, on Saturday, several persons who, in the excitemont of the moment, withdrew their deposits, were fleeced by pick], Jekets before leaving the bank. One lady was robbed of $200.

13. October 30, 1857 The Athens Post Athens, TN
Article from The Athens Post, October 30, 1857

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I During the foolish run on the Brooklyn Savings Bank, on Saturday, several persons who, in the excitement of the moment, withdrew thei: deposits, were fleeced by pickpockets before leaving the bank. One lady was robbed of $200.