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The Debt Statement. WASHINGTON, D. C., June 2.-The debt statement shows a decrease during May of $4,763,241. There was a run on the National savings bank this morning. The bank paid all demands without exacting their privilege of thirty days notice.
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CAPITAL NOTES. ANOTHER BANK RUN. Washington, June 2-There was a run on the National Savings bank this morning. The bank is paying promptly and the officers say there is no intention of taking advantage of the thirty day clause. Nine-tenths of the people drawing out are colored. DEBT STATEMENT. The public debt statement shows a decrease in the public debt during May of $4,763,231.20. A decrease since June 30th 1883, of $71,823,714.88.
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LAUGHING AT A RUN. The National Savings Bank of Washington Makes Money by the People's Fright. W ASHINGTON, June 2.-A run, which began Saturday in a small way on the National Savings Bank, continued today, and at one time the line of depositors extended outside of the doors of the bank and across the sidewalk. It was composed principally of colored people. The bank paid promptly, and announces that it has anticipated and provided against a run and will not take advantage of the thirty day privilege. Six months' interest would accrue the depositors July 1, but this is forfeited to the bank by all depositors withdrawing now. The result will be considerable profit to the bank. The run, ended before 3o'clock, and at that time the paying teller's window was clear of applicants. The Comptroller of Currency to-day appointed M. L. Bundy, of Newcastle, Ind., receiver of the Hot Springs National Bank.
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THE PENN BANK. The Disgraceful Story of Its Failure as Told by Its Late President Riddle-The Bank Robbed by the Directors in on Speeulation-Great Excitement Caused by the Statement, Which is Denied by Those Implicated-Run on a Washington Savings Bank. W ASHINGTON, June 2.-A run is in progress on the National Savings Bank, where the run occurred Saturday. Nine-tenths of the persons drawing are colored people. They have taken warning from recent events, and have fortified themselves. The officers of the National Savings Bank are paying promptly, and say they have no intention of taking advantage of the thirty day clause, as they are in a condition is profit from the forfeiture of the account interest upon the deposits withdraw Middleton's statement is expented to be ready to-morrow. The Comptroller of the Currency appointed M. L.Bundy, of Newcastle, Ind, receiver of the Hot Springs National Bank.
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They Pay and Say Nothing. WASHINGTON, D. C., June 2.-The run beginning on Saturday on the National Savings Bank continued thismorning. President Snyder says: We pay our indebtedness and say nothing." The bank is generally regarded sound.
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BUSINESS DIFFICULTIES. Reading Applies for a Receiver-Run on a Savings Bank. PHILADELPHIA, June 3.-The following circular is issued by President Kim, of the Philadelphia & Reading railroad: "Notice is hereby given that coupons and interest due June 1 upon the consolidated mortage bonds of this company will be purchased at par for cash by Drexel & Co. upon presentation and surrender of coupons, or assignment of registered interest, at their house." The board of directors of the company has offered to the United States circuit court to 'place the company in the hands of a receiver. WASHINGTON CITY, June .-A run beginning Saturday on the National Savings bank, has been continued. President Snyder says, "We pay our obligations and say nothing." The bank is generally regarded as sound.
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MINOR MENTION. A Run on the National Savings Bank, Which Is Paying Promptly. WASHINGTON. June 2.-A run is in progress on the National Savings Bank, where a slight run occurred on Saturday. Nine-tenths of the persons drawing are colored people. The banks here have taken warning from recent events, and have fortified themselves. An officer of the National. Savings Bank says they are paying promptly. and that they have no intention of taking advantage of the thirty-day clause, as they are in condition to profit from the forfeiture of the accrued interest upon deposits withdrawn.
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THE CRISIS AT THE CAPITAL. WASHINGTON June 2.-[Press.]-A run is in progress on the National Sevings bank, where 11. slight run occurred Saturday. Nine-tenths of the persons drawing are colored neople. The banks here have taken warning from recent events. and have fortified themselves. Officers of the National Savings back are paying promptly, and say they have no intention of taking advantage of the thirty day clause, as they are in a condition to profit from the forfeiture of acer ei interests upon deposits withdrawn. Middleton's statement is. expected to be ready to-mor W. The comptroller of the currency has appointed M. L. Bandy. of New Castle, Indians, receiver of the Hot Springs National bank.
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Bank Run. Washington, 2-There is a run on the National Savings Bank this morning. Demands are being promptly met and officers say there is no intention of taking advantage of the 30-day clause. Nine-tenths.of the people drawing out are colored
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WASHINGTON. The colored people of Washington indulged in a run on the National Savings Bank. Payment was promptly made to depositors, and the bank officers stated that they would not take advantage of the thirtyday clause. The House Committee on Elections recommend that the various contestants and the members whose seats were contested, no matter what the result, be allowed sums varying from $8,500 to $1,000 each. Gen. O. E. Babcock, who was Gen. Grant's Private Secretary, Col. Levi P.