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Run on a Savings Bank. BOSTON, Nov. 4.-President Evans, of the Five-Cent Savings bank. says the institution will continue to pay until it is deemed advisable to take advantage of the sixtyday law. He has received offers of large amounts from other institutions. The bank paid out $6,000,000 in the 1875 run, which lasted a month. Present withdrawals are mostly small accounts.
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BOSTON BANK TROUBLES. The Maverick Failure May Be Worse Than Anticipated. BOSTON, Nov. 4.-Examiner Ewer of the Maverick national bank says he hopes to get out within three or four days some sort of a statement that will enable other banks to gauge the advances that shall be made to depositors. He estimates that it will be a good deal worse than anticipated. The Journal says of the Maverick bank failure: "Speculation is the one word that explains all. Speculation in stocks and grain with the Maverick bank funds; backing deals. The first great speculation of the bank was by French and Potter, in New York and New England railroad stock. It was successful from a pecuniary point of view. but in this success lay concealed the ultimate ruin of the bank. In the New York and New England deal the bank's'funds were used:to a startling degree." President Evans of the Five-cent savings bank savs the bank will continue to pay until deemed advisable to take advantage of the sixty-day law. He has received offers of large amounts from other institutions. The bank paid out $6,000,000 in 1875 in a run which lasted one month. The present withdrawals are mostly small accounts. The assignee, Pope, estimates that the creditors of Irving A. Evans & Co. will get 50 cents on the dollar.
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Run on a Bank. BOSTON, Nov. 4.-The run on the Five Cent Savings bank continues this afternoon. The savings bank commissioners when they examined the bank declared it sound.
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Run on the Hank Lessening. Boston, Nov. 6.-The I run on the Fivecent Savings bank continues this morning, but in lessened degree. President Evans says: "The trustees have no intention now of taking any action in the sixty-day clause, and the bank will pay cash to depositors when they desire it. The run is about over. Some who withdrew have today returned to deposit again."
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The Run on the Five Cent Bank. BOSTON, Nov. 6.-The run on the Five Cent Savings bank continues this morning but it is in a lessened degree. President Evans says the run is about over. Some who withdrew have to-day returned to deposit again. Less than 1 per cent. of the deposits was withdrawn on the heaviest day of the run.
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Dana Has Found a Bondsman. BOSTON, November 7.-The run at the Five Cent Savings bank is ended. Mr. Thomas Dana's bail has been reduced to $40,000 from $75,000. Charles A. Brown10g, of Boston, has been accepted as bonds-
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Boston's Bank Run Ended. BOSTON, MASS., Nov. 7.-Therun at the Five Cent Savings Bank is ended.
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A Denial by Lacey. BOSTON. Nov. 7.-Comptroiler Lacey ssid this morning concerning the published report from Washington, purporting to be information obtained at the comptroller's office that he knows nothing whatever concerning any national bank in Boston being in any trouble. The run at the Five Cent Savings bank is ended. Thomas Dana's bail has been reduced to $40,000 and bondsmen secured.
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Confidence Restored. BOSTON, Mass., Nov. 9.-At the Five Cent Savings bank everything was quiet today; money was being deposited by those who withdrew their accounts during the run.
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The Bank All Right. BOSTON, Nov. 9.-At the Five-Cent Savings Bank everything is quiet today. Money is being deposited by those who withdrew their accounts during the run and the drafts up to noon were no larger than usual.
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The Boston Run Ended. BOSTON. Mass, Nov. 10.-The run on the Five-Cent Savings bank IS entirely over to-day.