Click image to open full size in new tab
Article Text
Closed. No officer in attendance; consequently no information obtained. MERCHANTS' AND CLERKS' SAVINGS BANK. The pressure here has been, for a day or two, quite severe, but yesterday it lightened considerably. We were unable to obtain accurate information respecting their drafts and deposits, but their business is now in a much better condition than ever, and they look upon this general suspension as vastly beneficial to them. SIXPENNY SAVINGS BANK. Yesterday was not the regular time for drawing deposits, which is from 5 to 8 p. m. on Monday, Thursday and Saturday, and accordingly but little was paid out. Some $500 or $600 was applied for on Monday and paid out. There has so far been no excitement at the place. SEAMEN'S SAVINGS BANK. The Seamen's Bank opened at 10 o'clock yesterday morning, and crowds of men and women who had been waiting for some time were making their way to the doors to withdraw their deposits from what seemed to them a very unsafe place for their money. Some of the women were induced to let their money remain where it was upon being assured by persons outside that there was no danger, at that their money would be safer where it was than it would be if in their own hands. Officers were stationed on each side of the door to prevent a rush, and see that each went in in his turn. Twenty persons were admitted at a time, and up to the hour of closing every demand was promptly paid. The Cashier, Mr. Platt, was standing on the bank steps, and did nothing notable but to heap abuse and insult upon newspapers and their reporters, who asked him in a respectful manner for information. During the day, several bags of coin were displayed in the front windows of the bank, labeled U. S M., but it did not allay the fears of the depositors. But few were persuaded to leave, satisfied that their means were safe, and at the close of the bank large numbers were compelled to leave without getting their money. Over $60,000 were paid out during the day. BROADWAY SAVINGS BANK. The Broadway Savings Bank experienced a slight run. They fell back on the following by-law: Drafts may be made personally, or by the order of the depositor, if his or her Lame be written in the signature book; or by letter of attorney, duly authenticated. But no person shall have the right to demand any part of his or her principal or interest without producing the original Pass Book. and then only on the third Monday in each and every month, upon giving previous notice of one week to the Secretary or Accountant; but the Attending C mmittee may allow the same to be paid during any regular hours of business' By this no money can be drawn until the third Monday in December. The receipts at the Broadway on Wednesday from deposits were $500. EMIGRANT SAVINGS BANK. The Emigrant Savings Bank has experienced a slight run. It has paid out only 10 per cent on deposits- in all about $10,000. They have decided, in common with most of the other banks, to pay only 10 per cent in bills, and they will, if necessary, fall back on this by-law: The bank shall not be liable to pay any moneys to depositors, except on a week's previous notice to the President or Attending Committee at the bank, or except on the third Monday in January. April, July and October; but moneys may be voluntarily paid by the bank daily, and without such notice, and without thereby waiving the right of the bank to such notice and time of payment." EAST RIVER SAVINGS BANK. There was no run upon this bank on Wednesday morning. Depositors representing in the aggregate $2,000, came in to inquire into the safety of their funds. They were informed upon every point and departed satisfied. The officers informed all who called that the requisite notice would be required before withdrawing their funds. More deposits were made in the course of the morning than in three weeks before. There were four policemen stationed at the bank, but their services were not required. We sa W only two or three persons at the counter, all of whom were depositing. The cashier furnishes the following statement of the condition of the bank to Oct. 1, 1857: STATEMENT OF THE EAST RIVER SAVINGS BANK. Assets. *001
