The New York Herald Newspaper, November 21, 1871, Page 4

4 —- OUR SAVINGS BANKS. The Siination Yesterday—How tho Interests of | . Bonds the Poor aro Guarded—The Slaughter of the Depositors—Banks that Smash and Banks that Stand. THE RING TO THE RESCUE. Tho “Poor Boy of the Mohawk,” His Banks and Pelico—A Captain of De- tectives on Guard, THE REPORTS TO THE LEGISLATURE, Reports That Never Lic—Condition of the Manhattan, Guardian, National Say- ings, Bowling Green, York« ville and Citizens’ Banks, Figures and Facts for the People. Few calamities are fraught with more of truly pitiabie misery than the fallure of a savings bank. Other financial concerns when they topple over asually content themselves with burying in their orumbied heaps of ruins LARGE. SLICES OF THE PROPERTY Of men whose: colossal fortunes can easily with- stand a considerable and sudden diminution, and | securities, whose means were probably accumulated py the Misfortunes of a similar character which had previ- ously overtaken their neighbors; but the closing of ® eavings bank’s doors for the last time shuts out every ray of hope and happiness in this life trom ‘the hearts of so many poor and worthy fellow crea- tures who so richly deserve a botter fortune that no Man with human feelings ana sympathies can stand the unmoved witness of sucha spectacte. It brings before the mind’s eye the exquisice agony of the industrious laborer who for many a long year has toiled in the winter’s biting frost and under the blazing summer's sun, in humility and hard- ship and Ganger, and cotned his sweat and blood and fesh into a few precious dollars, that might fave him from hunger and the aimshouse when his supple joints became stiff and his strong muscles Weakened and his hair grew gray after a life of SUFFERING AND SEL¥-DENIAL, and who now suddenly awakes to find that his long- cherished ara in old age of comparative com- forts and indef€hdence have changed into the dread reality of inevitable and hopeless beggary. Then think of the indescribable misery | of the poor widow whoso humble and untiring Industry with her washboara or her needle has Snablea her tosave alittle money, on which she depended to bring up ber fatherless boy as a worthy and honest member of society, and to preserve her orphaned daughter from a life of shame, and who ow finds the ‘rults of her years of toll and patience and priva‘ion ail withered and blasted in an nour. Only think of the thousands of cases Of wretchea- ess and suierin, Which no penctl can pains and no pen enumerate, brought about by the collapse of One of those instituiicns Which are allowed to exist Only because they profess to be peculiarly the guardians and rewarders of the industrious poor, aod it nere be any sentiment in addition to pity for the victims, it is that no punishment can be too fevere for the parties who wilfully abuse or negli- gently mismanage TAB AFFAIRS OF A SAVINGS BANK, ‘The great excitement in the city caused by the announcement of the fauure of several savings banks and the details thereof published in the ABRALD on the two following days had duninishea very little yesterday. Even among those who were not depos- \tors the Interest In the condition of the suspected banks was very intense, and groups of men who congregated under awnings and porches for shelter from the falling rain discussed the affairs of the sav- NEW YORK HERALD, TUESDAY, NOVEMBER 21, 1871.—TRIPLE SHEET. bonds of counties State towns, $252,000, Bonds and mortgages, $414%250; United States stucks, $5,708,100; State afocks, $2,609,500; other State, rocks, $835,000; vonds of cities in the’ state, BOWERY SAVINGS BANK, and , $5,402,988; United Staves $7,447,500; State stocks, 000; other scigtosiban'aobentecanat aan 248,000 5 of counties in i bonds of towns in this State, $59,000, BOWLING GREEN SAVINGS BANK, aR RGn andmerigages, $193,863; bonds of cities, BROADWAY SAVINGS INSTITUTION. Bonds and mor $°0.,000; United States se- curities, $250,000; State atock, $60,000; other State M0 $100,000 j ponds of cities in this State, CENTRAL PARK SAVINGS BANK. Bons and mortgages, $50,000; United Slates se- sr $7 STIZENS! BAVINGS. BANK, Bonds and mortgages, $4,001,642; United '$1,300,000; Stare securities, $60,000; other Sec creas cee nec canis eo }; bonds Hi Of Stave towns, $265,000. ‘ CLINTON SAVINGS BANK. Bonds and mortgages, $5,000; bonds of cities in State, $97, SRY DOCK SAVINGS INSTITUTION. Bonds and mortgages, $2,014,860; United States secu! oe Btate atocks, $110,000; other State stocks, $150,000; bonds of cities in this State, $2,641,200; bonds of counties, $1,056,900; oonds of towns, $248,560, . ST RIVER SAVINGS INSTITUTION. Bonds and oy nace Site aes, Untied taht y re i thts . $1,282,400, BLEVENTH WABD SAVINGS BANK, Bonds end morigages, $185,800; hopds of towns in Bonde sn oreegee Sar US sean mds and mo! ; Uni securities, $756,0v: other a StOCKS, $157,000; ae rea 3 in Stave, $2,805,500; honas of counties oe SaviNos mstrrvrioN. EXCELSIOR SAVINGS BANK. Bonds and morigag $125,535; Uutted States securities, $440,000; bom PRANKLIN SAVINGS Bi of Cities In State, $40,000, ANK, Bonds and mortgages, $342,519; Unitea States securities, $33,500; State stock, $5,000; bonds of Cities and State, $345,000; bonds of counties in State, $9,000; bonds of towns in State, $12,000, GERMAN SAVINGS BANK. Bonds and mortgages, $1,847,200; United States Be $600,000; State stocks, $100,000; other State stocks, $153,500; bonds of cities in State, $843,600; bonds of counties in State, $1,163,000, GERMAN UPTOWN SAVINGS BANK, Bonds and mortgages, $231,050; stocks of other States, $30,000; bonds of cities in State, $140,000; bonds of counties in State, $60,000; bonds of towns in State, $2,500, GRBENWICH SAVINGS BANK. Bonds and morigages, $3,613,602; United states Securities, $1,135,000; State stocks, $517,671; stocks Of other Statea, $169,000; bonds 0! cities i this state, $941,100; bonds of counties in tiis State, $150,000, GUARDIAN SAVINGS INSTITUTION. Bonds and mortgages, $189,280. HAKLEM SAVINGS BANK. Bonds and morigages, $249,300; United States 9e- curities, $13,000; state stocks, $6,000; stocks of otter States, $50,000; bonds of cities tn this State, $135,0.0; bonds of towns In this State, $57,074. INSTITUTION FOR THE SAVINGS OF “MERCHANTS! CLERKS. Bonds and mortgages, $743,700: United States se- curities, $577,600; Stocks of other States, $382,498; bonds of cities in this State, $430,600, IRVING SAVINGS INSTITUTION. Bonds and mortgages, $646,600; United States pang $764,500; bonds of cities in State, MANHATTAN SAVINGS INSTITUTION, Bonds and mortgages, $2,901,419; United States securities, $1,258,000; Slate stocks, $450,000; stocks of other States, $75,700; bonds of cities in State, $149,500; bonds of counties in State, $510,000; bonds of towns in State, $109,000, MARKET SAVINGS BANK, Bonds and mortgages, $191,487; United States securities, $100,000; stocks of other States, $225,000; bonds of counties in State, $2,000; bonds of towns in State, $100,000, MECHANICS AND TRADERS’ SAVINGS INSTITUTION, bonds and mortgages, $697,900; Uniied States se- Curities, $500,000; stocks of other States, $514,600; Donds of citiés in the State, $1,305,000; bonds of counties in the State, $25,000; bonds of towns im the State, $25,000, METROPOLITAN SAVINGS BANK. Bonds and mortgages, $1,828,000; Unitea States Securities, $1,750,000; State stocks, p125b: ks ‘Of other once A a bonds of citles in the Sta' 800; bonds of towns in the State, $270,000, MUTUAL BENEVIT SAVINGS BANK. Bonds and mortgages, $29,437; United States se- ro $25,000; “bonds of ‘cities im the State, 000, NATIONAL SAVINGS INSTITUTION. No report in this table; the bank of Police Com- missioner Henry Smith. NEW AMSTERDAM SAVINGS BANK. Bonds and mortgages, $44,500; bonus of cities in State, $25,000; bonds of towns In State, $5,000 NEW YORK SAVINGS BANK, Bonds and mortgages, $658,200; Unitea States se- curities, $200,000; stocks of other states, $18,000; bonds of cities in this State, $463,000; ‘bonds of counues in State, $331,000, NORTH RIVER SAVINGS BANK, Bonds and mortgazes, $82,500; Uuited States se- curities, $100,000; bonds of cities in State, $250,000; bonds of counties in State, $85,000; bonds of towns in State, $50,000, PEOPLE'S SAVINGS BANK. ings banks with the safety and tardy arrival of the Grand Duke Alexis. What every speaker seemed to consider most remarkaole was the fact that all THE THREATENED FINANCIAL INSTITUTIONS, Were connected in some uearer or more remote de- gree with the old Tammany Ring and acknowledged some one or ether of its distinguished members as their managers ana directors, and the name of WILLIAM M. TWEED ‘was on every tongue. About two o'clock tn the af- ternoon a large group of soaked and dripping citi- Zens stood under an awning on the corner of Fulton street and roadway, discussing the Mnanctal situa ation, its causes and effecis, “well,” said one gentleman, as he shoox the rain from his umbrella, ‘‘there’s a sort of poetical justice ip all rhis. Thousands of poor laborers in the city re ruined by the very men they always fought for @nd voted for and Kept in power.’” “No, sir, no; that’s a mistake,” repiied a poor Irishman, who bad just been denied admittance to one of the banks where his little sayings were de- posited; “that’s all @ mistake, sir. 'Twasn’t me that voted for ‘em at all, nor fought for ‘em, altuer. | 'Tisn’t the poor, hard-workin’ min, thet WORK YOR THER £AYI8! and save their littie airnings fof the childher, that do have anything to do with thim politicians one Way or another. Wedid not put our money in their banks because they were Tammany politicians, but because we saw them looked after and associated With by gintiemin that houlds their heads the high- est in the city. The papers tould usevery day that they had plinty of property tn all the railroads and ‘banks of the country, in company with all the great | People of the land, and, sure, we naturally thought they were safe enough to nould our little wrifes for us.” “Could it be out of revenge. for gotng back on them at the last election that they have done this thing now *” asked another. “Begor, may ve 60," said the Irishman. wouldn't put it past thim.”” “J think,” said a German, “dey be’s not so bad as ais. I b’leef Tweed has pull all nis money out of dem banks and leave nothing any more, so dat he can GET AWAY VERY SOON. How much you lose #’—to the Irishman. “Two bundhert an’ forty-six dollars,” answered Pat with a sigh. “Ah, 1 lose six hoondred dollar,” and the German walked away sorrowfully. It would be hard to estimate the amount of wretched ness and misery caused by the failure of those banks; it never will aud never can be known. All the information tnat could be gleaned, however, by a sharp squad of reporters is here subjoined, The yeporters of the HERALD were yesterday de- Spatcheu in every direction to secure facts regarding the run upon the banks, and the result of their labors is given, as follows. The Bauks of the City a County -Llow Hard Earnings Are Secured or Protected. D. ©. Howell, Superintendent of tho Banking De- partment of the State, resides at albany, and ta supposed to exercise » general supervision over the pangs of the State, From nis report transmitted to the Legisiasure on the 16th March of tnis year the following statement of the character of securitiesy im which the banxs have invosted to aecare their depositors is taken. A comparison of the character . @f the seourites tn which investments are made * ‘qrithin the law will enable any depositor of ordi- Bary inteligence to discriminate between sound in- stitations and “wiid cat” banks, established in the interest of “ring men’ who, by the founding of ‘penka, hoped to secure political power for an Indef- mite period. From Mr. Howell's report the follow ag facts are ascertained :— ABINGDON SQUARE SAVTNOS BANK. nonay ad mores $20,000; United States secu- “gmayric SAVINGS BANK, Bonds and mortgages, $8,178; United States seca- ritdes, $676,000; powus O! cities iM he Stave, $207,000; Bonds and pauseenes: $47,650; Unitea States se- Curities, $25,000; stocks of other Staces, $110,000, SEAMEN’S BANK FOR SAVINGS. Bonds and mortgages, $2,908,000; United States 2 3 State 900; stoci sister atee iain ite bonds of elder State, $866,200; tks 3 mds of cities in tis nds Of counties in State, $127,000, NK. Bonds and mortgages, $93, 5! Unived States securities, $26,000; nonds of cities 1a State, $51,000; bonds of towns tn State, $50,000, muorurages, $032,002; United States mortuages, 025 1, 250; stocks of other States, $149,000; bonds of cities in State, $107,000, TEUTONIA SAVINGS BANK. penta ce eetine aie, Sen See securities, ; bonds of cities in 2 3 bonds of tows in State, $24,700, THIED AVENUE SAVINGS BANK. Bonds and mortgages, $2,316,844; Unitea States se- curities, $1,069,600; stocks of other States, $713,000; bonds cities in this State, $400,000; bonds o} counties in this State, $581,000; bonds of towns in this State, $50,000. TRADES’ SAVINGS BANK. No report, UNION DIME SAVINGS INSTITUTION, Bonds and mortgages, $3,600,775; United States securities, $1,000,000; bonus of cities in State, $1, 360,000; 8 of counties in State, $1,000,000; eee ew Taat ibn shies mar, Bonds and mortgages, $20,000; bonds of cities in State, $72,000; bonds of counties in State, $33,000, YORKVILLE SAVINGS BANK. Stocks of other States, $18,000; bonds of cites of State, $10,000; bonds of towns in the State, $0, EOURITY SAVINGS One of the Banks of the “Poer Boy of the Mobawk.”” Howell's report shows that the National Savings Institution, located corner of Houston street and Broadway, of which Hank Smitn, Police Commis- sioner, legislative prestidigitateur, Ring agent, steamboat owner and general agent of the party in power, is Vice President, has:— Total, Amount due to depositors Excess over Uabilitie Total Mabilities.. tal the assets as over llabilities are only $355 52; that Vice President Sumith’s officers report their safe and fixtures as among the asssets, worth $1,5v0, An inspection of the office yesterday convinced a gen- tleman Capable of estimating the cost of Juraiture that the entire fixtures, if supplied by other than “ring contractors,” Would Cost lesa than $800, It has long been held by State officers of inst and banks that ofice fixtures are not avaiiavie as- Hence the ‘Poor Boy of the Mohawk” and his ciates, according to their own report to Mr, Howell, have not suMictent assets to meet the liabliities, aud hence the necessity for Mr. Smith to issue his card in th papers of 4 ataay, declaring yt the bank is #ivent, and that all depositors ae be paid in full upon presentation of their pase books. A reporter of this paper yesterday took a car and Gropped of near Police Headquarters, with a view of Snaing Re. Smith. The doorman ried that been in during the ay. t_wag then yh | the “Natio! Institutions” ‘The rain ’ Tente; nevertheless & dozen mi sete. was failing in tor- were peering ito the wind ‘while ocners svo0d of Ww tor Haawenis sar oepnice meted act at eae seen, and “‘laying’’ for the bende Me citizen's, es, ator which was a Melton overcoat, Captath Jona McDermott, of the Eyghtn precinct, mo ted him the reporter entered McDer oe iat that he did ald be jally, and im reply to @ query sta fot dow where Commissioner Smith co! Jound. Wondering What was the necessity for a captain snd two en to guard the $2,634 38 deposits in Hank Smith's National Bank of Savings, the reporter suddenly ran against Captain James Irving, Chief of Detectives, who, in citizen's clothes, seemed to bave entire control of the tustitution, Irving said Smith was not in; but while he was in the State, $107,000; bonds of | speaking tho “Poor Boy of the cry came in, smiled sardonically upon the reporter puffed his regalia. ~ ane ts the Commissioner? 1 have called to see a. “Tam too busy,” Smith responded, anced atpav’pnutg the tt ge on ed the mony oj rom which the above ‘figures are on “Figures |” exclanmed Hank; ‘don’t show’em to me! Tam too busy ‘” “Well, 1s this your bank??? at is.” Here the reporter observed that the the wane of the bans as —~ Preeomay Savi ge Dank” covering the counter b a rt ou He aanee rag) the ‘National “wall, Mr. Smith, how about the Bowling Green answer came with a — “1 don’t know. Loan ‘only TU One ata ane. We x foe reperet promenaded Broadway, wond promen} way, wonder! a Ric Dan nsibly de ine presence of penta ce ait vreeeles & little over $2,000 tl Another of Hank Smith’s Coneerns, ‘The ‘Poor Bey” is President of the Bowling Green Sayings Bank, and Reeves E. Selmes is the Secre- tary. Their last report to Howell, Superintendent of Banks, shows:— ‘Loaued on railroad, ional bank, life insurance, safe deposit companies and Rew York, stock.........., Loaned on personal securities BS Cash on deposit in bauk or trust com. panies Cash on hand nyt deposited in bank. 42,223 76 87,357 56 043,011 a5 $043,011 85 06 J $648,011 65 “PAST BIND! PAST FIND ! was the proverb rigidly observed yesterday at thé Bowling Green Savings Bank—at least so far as the doors were concerned. Locks, bolts and bars shut out an anxious assemblage from the intertor of the establishment. Considering that the metal was sound and the batons of a few policemen presented elongated bumps of combatiyeness, no attempt was made to force the portals of the bank, and the en- raged and disavpointed depositors were accoraingiy monstranoes in the bel-desired bractioal aad pate in the much-desired practical an = sical shape. i “THE BANK HAS. FAILED’? 1s unquestionably a terrible thunderbolt for the Struggling man who has deposited his hard-earned all in @ recreant institution, There is really no knOWing to what extent this announcement may arive the poor but honest classes of the community who have been submerged by the catastrophe, Ar- guments the most elaborate tau to convince them that there has been Jair dealing, and that the estab- lishment has broken down from naturai causes. ‘Thetr litte gatherings of the year vanish jn one fell Swoop, and it certainly seems hard tat poor men should thus be suddenly bereft of that for which the sweat of their brows has flowed so freely, From an early hour yesterday morn- ing crowds of decent-looking men congregated in the vicinity of the defunct bank, and, mutually Seeagaes iieon one psi ee lamented the 1) loney within the reac! ete Green pats if . ay vas ut the assembloge was by no means confined to some of the industrious re, resentatives of since many well-known mercugees nil -known merchants pata visits to the establishment during the day, and bitterly com- plained of whav’ was generally regarded as lowuright injustice, The pouring torrents of Tain, however, debarred many trom belt present, ana the attendance in the porch was chiefly con- fined to those who had deposited comparatively small sums and could not be easily put off with the omicial notification tvat the bank had closed, “All very good,” said an honest-louking mechanic, “but 1 Tore ne to see ne en thing.” wards one o'clock tl following notice was posted at the main entrance ot the bank: KNAPP SPEAKS, To ToR Derosrrors Or THE BOWLING Green SAVINGS BaNK:— Thave been appointed by the Supreme Court (Brady, ) reseiver of tula bank to proiset your sataresien wit, ‘OU _m statement of tee: at the earliest practicable moment, give HERD, MNAPY; Receiver, ite condition, SHEP: ‘New York, Nov. 20, 1871. That this notice was read with considerable avidity it is wonecessary to say, and for the time it vended somewhat to raise the depressod spirits of the assembi; The wet and gloomy day, how- ever, wore on toward three o’clock, and notul new tarning up Au relation to the affairs of ‘the ban’ the disappointed crowd quietly dispersed. Access to the bank during the day was impossible, as a stoul-looking policeman gave all comers to under- stand tbat nobody was allowed inside. The re- ceiver went to the establishment toward noon and at once entered upon his oMcinl duties. Mecting JUDGE HOGAN IN BROADWAY, near the bank, a HERALD representative paterro- gated him as to the condition of anairs, REPORTER—Have you been atthe Bowling Green savings Bank to-cay? UDGE—Yes, I have been three times at the bank to-day, and spent a few hours there, RErORTER—Were there any other officers at tHe bank then? JUDGE—NOo; I saw none nor heard of any of them being there, although several inquirles were made for Mr. Smith and Mr. Roache, REPORTER—Why do you think they kee aya? Jupcgz—Well, 1 don’t know; but I think they should be there. Reporter ~I understand you are an officer of this bank. In what capacity, Judge? JunGE—Vice President. ReroRkTeR—Are you a depositor? Jupe@s—I am and have veen since the bank started; bave had money tn it. REPORTER—In your position as Vice-President did ent make any loans of the moneys of the nl JUDGE—NO, sir; nor was I ever consulted about any loans the bank made, REPORTER—Were you not Los att Notified of the meetings Of the oiticers of tne bank? JUDGE—No; for pee. of two years Ihave never been notified of any ineeting, invited to attend or been present at any meeting of the officers. REPORTER—WihO negotiated the loans made by the bank? JupGE—I only know from heresay, I believe mr. Smith, the President, Mr. Roache and Mr, Selmes, the Secretary. REPORTER—How, then, can’ anything be. wrong witn the bank ? Jupgg—I cannot understand why anything should be wrong unless the money deposited should have ally stolen, There should be and been ac is gooa suficient securities in the bank in place of the loans made and {n case there be no such securities it is very evident that there is something wrong. Rerorten— When did you first ascertain that the bank had suspended ? JupGE—On Saturday Inst at one o'clock, when I went there to draw some money and was informed that the bank had suspended payment, REPORIER—W hat did you then do? Junee—I remained at the bank till about three o'clock jor the purpose of ascertaining its condition, but could get no information upon that suvject, REPURTER—Were there mauy of these poor people depositors in this bank? UpGE—Yes, a great may; several hundred in the lower part of the city. RerorreR—May uot the affairs of the bank yet turn ont all right? dJupgr—They may, but I don’t like the looks of (pings, from present appearances, RerorteR—Who Was in charge of the bank this morning? on Selmes, the secretary, when I first got there. RePoRTER—Who since? JupGz—Sheppard Knapp, Jr., was subsequently appointed by Justice Brady as receiver. KPORTER— W bo had the recciver appointed 1 JupGe—I_ understand that the altidavit was made by James Jee at the suggestion of Mr. Selmes, and upon that aitdavit the receiver was appointed. REPORTER—Did im yourself suggest any course when on Saturday Jast you discovered the situation Ol affairs? ‘It was this, that the oMcers should Jupor—I did. meet, look over their suretes and other matiers aud ascertain the actual condition of the bank. Rerorrsk—What 18 the character of the gentie- man (Mr. Knapp) who fas been appoinied as re- ceiver ? pag—He stands very well in the community. I have never heard @ word uttered against him. BPORTER—If the depositors should lose their money and poy! no redress through the Courts, what, then, do you think would be doue? Jupor (firmiy)—I think the poor people who lost their money wouid take the law in their own hands and punish those who have wronged them. The Guardian on Guard. Of all the institutions tnat have been affected by the general crash rone have displayed such convempt for vox populi as has the Guardian Savings Hank, at 164 Chatham street, of which Wiliam M. Tweed js the ostensible president, ex-Supervisor Roche the actual president; ex-Alderman Wiliam L, Ely, now of the Real Estate Trust Company, the ostensivie. secretary; Ingersoll, the bogus chairmaker, and ‘Owen Brenoan directors. These genuemen seem to oly the people, the depositors and the Courts, and || while Jeremiah Quinian, of 160 and 168 Water atreet, locks himself behind the bars, and, with a Doughty secretary, laughs at the appeals of the poor, some- yesterday suddenly from the present ike past Tene) went belore Judge Barnard, Court, and asked an oder tov: of ins Bppointing Bired , the Near? Teonmptien Of business oui bank. Ely, H om the secretary, some days profoesiong: to be anxious i¢ att the information in his. power, staied confidentially that he did not wish to be mixed up in the concern, yet alter the reporter of t pee piloted him his owm bank and showed him how to enter it his mouth was clesed when he came out, and all attempts to ascertain any facts regarding the institution were unavailing, Many visits were made to the institution yesterday, but mo que respouded t@ the demand Jor adnussion with the exception of a rich Israetite of Chatham Roviosvor his business to nform depgsitors that ihe neglected iness to Inform, Dank would resume in a few days. This is all the satisiaction that could be gains Here the reader must again turn to Howell as an authority. Howell ian Teport says:— jOURCES. Bonds and mortgages..........+ Amount loaned on pubite stocks. mak cr San Sos, de} am bank or com- ae DORA HRA: 06 AOE 14,415 58 Cash on hand not deposited in bank. 000 oe 600 01 institution that declared will resume heap John’? hus The Machattan Savings Bank. One of the many groundiess ramors to which the present excitement gave birth yesterday intimated that the Manhattan Sayings Institution, like all other banking houses in the public imagination, was very weak, and even ready to fall in the crash of generairuin. At the presém® Wel&ug this seems to be highly erroneous, AHERALD reporter yesterday was sent to make inquiries, and proceeded to the elegant banking Ofice of the institution at the corner of Bleecker street and Broadway, over the portico to tne en- trance of which 43 emblazoned the apgpepriate devise of 4 GOLDEN. HIVE, with vees swarming around the embiem of sensible economy and busy industry., The bank was as quiet as it usually is in its everyday business as- pect A tew gicomy-looking individuals were stand- ing under the shadow of the portico to escape the drizzling mist that obscured the sky and made aim the atmosphere; but otherwise there was no ap- earance of excitement. One of these was a0. Postea with query whether he were & depositor, and whether he kuew of anythin, it was the matter with the bank. To pot in jnguifies he gave a negative answer. Within tl banking room, behind @ circle of high-polished. desks, the clerks and officers—ap- parently tres bons garg2ns for taking things easy in this world of mathematical and social aMictions which sirain the mental sinews of 80 many unfabu- lous heroes—were cheerfully intent upon thelr du- ties. One indivddual was waiting at the paying teller’s look-out while a check was being critically scrutinized. The reporter asked of the officer, “Do you PAY ALL DEMARDS from depositors to-day? and receivea the prompt. answer 1n a quick, incisive tone— 3 “Yes, sir.”’ Thenentering the private office he engaged in conversation with the Secretary and one ofthe Vice Presidents, These gentlemen assured him that the institution was a sound as ever it was, and neither of them could possibly imagine the origin of the report touching its safety. The full assets at the beginning of the present year were $7,574,707 14; of which $2,901,419 68 18 invested in bonds and mor! es, and over two millions in na- tional and State securities. Bonds of the city of New York und of other cities in the State are held to the amount of $1,465,500, and demand loans on bonds of the United States, $609,100, The ready cash of the bank amounts to $876,354 66, THE AMOUNT OWED THR DEPOSITORS is $7,879,632 and the stocknolders $222,756 23. Tne surpins at January 1, 1871, was $262,963 63, and is now much increased. Mr. E. J. Brown 1s president of the Board of Trus- tees, The other executive officers are Edward Schell, Treasurer, and Charles ¥. Alvord, Secretary, The Mayor or the city and the Comptroiler are trus- tees ‘x-oficio, and have been such ever stuce the founding of the iustiuution, twenty years ago, The Citizens’ Savings Bank. Of this institution Edward A. Quintard is Prest- dent and 8. A. Bruce Secretary. Howell's report shows:— ASSETS. Bonds and mortgage: + $2,001,642 52 United States secariti 1,368,699 89 New York State securities.,....... . 6 },000 00 Stocks of other Statcs. «© 858,683 75 Counties in this State. + 588,083 72 Cities in wis State. . 3,475 27 Towns of this State . . © 286,876 05 Loaned on public stocks. + 287,200 00 Real estate..... sees + 160,000 00 Cash on deposit in banks or trust com- PONICS......cesceresssceseesesssscseese 296,014 87 Cash on hand not deposited in bank..., 117,561 20 LIAB! Amount due depositors, Princtpal..... Interest, Jant ary Excess over liabilitie: $281,867 49 Among the other banks,on which a run was re- Ported to.bave taken place yesterday, the Citizens’ Savings held a place. ‘This is one of the oldest of the savings banks of the city, and in consequence the amount of business it has transacted has been ex- tremely large. The depositors, like those who have been so cruelly Mulcted in the Ring banks which have already burst, are of the poorest class of the population, the ac- ¢ ounts only averaging about forty-five dollars each. ‘To asceftain the truth of the rumor, which was pretty widely circulated, 1 HeRaLp reporter was despatched to the office of the bank, 68 Bowery, to ger the statement of the officers and’ the desails’ of a) iene long the Bowery the all-prevailing topto of con- versation and excitement seemed tobe te crashes which had already taken place and tue impending ones, which inay occur at any time. The presence of the Grand Dake Alexis im the harbor and the reparations for his reception to-day were eld to be events of slight importance by the poor people who have been deprived of the hard earnings and honest savings of years, by the rascailty and knavery of the tnicves who liave so long controlled the destinies uf the city. Some Dave becn aaticipating @ subsistence for old a; from the little sums “~* had stored up in tl diferent banks—many wio have come from a foreign land were laying away the money they did not absolutely require with a view to apply it, when they had accumulated enough for the purpose, to minister to tne comforts and smooth the tnway to the grave of some desolate parent who pined in solitude for the absent ones in the far away country beyond the seas, The servant girl was storing ap her sav- ings with a look to matrimony and longing for the time when enough would have been piled up to enable her to abandon servitude and make some Tortunate lover the happiest of men. Young men Were living lives of economy to prepare themselves for entering business at some future time, but with Due fell blow all those diferent asptrations have been “nipped by the winter's Pept ” ana the hopes ol thousands shattered and broken. It is Small wonder if they should bs loud in their lamentations and bitter im their denunciations of the men wno had gained their confidence and support, only that they mignt the more surely be- tray. e Bowery Was alive with animation as the pid ghar went aiong, the cheerless day and heavy mn a No effect in deterring the crowds of irightened depositors who were hurriedly hastening to the various banks, to sce if all was indeed lost. When the Citizens’ was reached @ considerable num- ver of people were passing in and out, but nothing like the excitement prevailed around the office hich could ve observed at the Mstituiious associ- wi { aved with the Ring, THB “MAIN PORTION OF THE VISITORS WERE GER- MANS, 2 ana, of course, none of the impulsiveness and panic which would characterize @ crowd of another na- tionality was manifested by the sober-minded race, Ou learning the nature of the reporter's business the Secretary, Mr. Bruce, courtcously escorted him toa private room and expressed nis readiness to afford nim all information relative to tne state of the dnances of the pank. He expressed great as- toniahment that a rumor of a run upon them was in circulation, as nothing which occurred during the day could warrant such an unfounded as- sertion. He states so far from @ run having taken place the amount of deposits more than equalled the amount witharawn, none of the depositors for an instant dreaming of such an um- probable circumstance as the insolvency of an inst! tution occurring which stan 0 high to-day In all the financial circles of the city. He attribuied it to universal panic which seems to prevail—tne ople, in the first agitation of the moment, con- jounding ali the savings banks of the city with those connected with the Sachems of Tammany, which, he says, ure entirely different institutions from the Oiti- zens’, it being conducted in another manner. - ‘The Citizens’ 1s, he asserts, periectly solvent, more than abie to meet the amount of its iavilities, though there 18 not any danger of any emergency arising to tax its resources, DEPOSITS AND ASSETS. The amount of the Cin 18 $8,000,000, and the asses are as foliows:—In ponds and Sore, yi $1,200,000; New bonds, $500,000: “silt on gover, x loaned on govern- bonds, $250,000, and cash inhand, $700,000, the bank the reporter proceeded to the ry tard, the President, and he in wi The Yorkville. Savings Bank—Ge cern Ready for the Rush. Notwithstanding the assurance of Senator Harry Genet, President of the Yorkville Savings Bank, to & representative of the HeRaLD Sunday afternoon that the institution over which he presided was in a Perfectly healthy condition aad quite able to meet pill demands made upon it, and qortner, that he dia not anticipate anything lke @ run on the bank, 8 HERALD fe- Dorter was yesterday morning despatched to the locality of the Institution, Eighty-sixth street aud Third avenue, for the purpose of noting what kind of a demonstration, if any, would be made on the part of the depositors. Arriving at his destination the reporter alighted and anxiously peered around, for an excited, clamorous congregation of persons, Composed for the most part of poor, hard-working, honest men and women, determined upon snatching from a fast crumbling concern the + a of Many weary days and nights of hard. fore the doors of the building were closed against them and they were told THE IN@TITUTION, WAS INSOLVENT, Instead of this, however, perfect order and qui- etude on every hand met his astonished gaze, the only thing at all approaching a crowd in the vicinity being three little school giris» who hurried by u the pelt I a aaa a Bg as a ‘was 80 Conspicuous in the Btrect, “Have all been here and got their money 80 soon?’ asked the incredulous reporter of one oi the bank's oMoers benind the counter, “Who di Pentes ia to?” replied the oficial in a Provol 4 «Why, Of course. Has there been T'was hore deposi A yeid Do run on this bank to-day ?” “Very little more than you se6 now. and bad the bank open at least an hoor earlier than Usnal this morning, Jor 1 rather thought wat, atter ‘all the papers sald about the concer! tw would ve frightened aud Want their deposits; but assure you the de thus fur bave exceeded the Graces made npon vs, Pere.s the excéption of some eight A h poe whose Ca cied ware, for. ane ae Aight—say ten, went back—ahe ru on us has not been more than we Dave averaged for the past twelve montis, while, on the other hand, three or tour persons pers been here and made udditional a Att iC Of the conversation an intelligent. | loo in Woman entered, and, approaching the omMeial, remarked that she had $97 on deposi, “Very good, madam, you shall have it,” replied the clerk, at tle same time Spening the money drawer and ORD RE DOE the amount, Jusi as he w: about handing the money ont through the wickets a Peery walked in anu stated that he wisued to deposit $1,390, and began making inquiries a8 to the rate of terest allowed by the institution, pro- ducing, a8 he spoke, a huge roll of hills, “And are you golig to leave alt that money in this bank?” asked the woman who had just made the | demand for her $37, “Yes, madam, lam.” “Then I guess 1’ll leave mine here too, ani here's thirteen more, if you plaise, which will just make the even hundred, You see 1 heard this morning that the bank wasn’t in a very healthy condition, so | I thought { had best come down and get what uttle I hau here, for L tell youl have worked mighty hard for it these last few months,’ Depositing the additional amount mentioned, the Woman withdrew, ovidently well satisfied that ler hard earnings Were in sale keeping, So for & run On the bank, there was nothing of the kind, The HERALD reporter remained there till nearly three 0’clock, and at no tine were there more than two persons at the paying tellers’ window, and all who presented their claims had them promptly pald, So tar Genet's bauk has weuthered the storm, A General Review of the Banks. From investigations made yesterday by LERALD reporters and statements made by oificers it is very evident that some of our savings banks are in a very rotten condition, and that the officials nave systematically attempted to misrepresent facts that | their own reports to the Banking Department of the State give the ue to an exami- nation of the bank statements shows that in many cases companies have placed in their azsets the ofive furniture at a fapulous price—not one'tenth of which could be realized tn the event of the closing of the institution at public sale for the furniture, and by the appointment of a receiver for the funds. Tne same abuses have altracted we attention of the Congress of State Insurance oificers of the Union, and Mendation of Superintendent Miiter, tue oilice fx. tures were excluded from the assets of an insurance company, a3 unavailable assets that caunot be Counted in reports to the rement at Aibauy, nor appiied in the closing up of an. + Another item.in these reports of rise to general suspicion ts “stocks of other States."’ Under unis item savings banks can perpetrate the grossest frauds and deceive the, unwary. as do other public tustitutions. It isa Convenient cover for rascality, and every depomtor who wishes to Invest His Money in savings Institutions before yore should carefully scan the figures given ve. 4 itis not the duty of @ journal to indicate what banks are safe depositories and what are not. Its mission en'ls when it gives facts aud figures, and invites the publie to carefally scrutinize them. METHODIST MISSIONARY ANNIVERSARY, Election of Officers for 18272—Sermon by Rev, Thomas Guard, of South Africa. Toe General Missionary Society of the Methodist scopal Church of the United States held their niversary yesterday in St. Paul’s Methodist Epis- copal church in Fourth avenue. A missionary love feast and conference was heid in tue morning, at which Dr. Love presided, and short addresses were delivered by missionary members present. 1n the afternoon Mr. E. L. Fancher presided, and Dr. Love, by invitation, gave the meeting some reminiscences of his missionary services in Sou:h America from 1847 to 1854. The mission was then self-vapporting. Mr. Price, of Philadelpuia, read extracts irom the annual report of the Missionary Society and showed that in 1865 there were nine missionaries and 120 church members then; whereas now tnere @re but four missionaries and, after seven years labor and the expenditure of $136,726, but 220 méem- bers and probationers, He thought (he indications of Providence were decidediy AGAINST THE METHODIST CHURCH occupying that territory, and the sooner it gave up the unequal contest and left the field to others the better. This year the sum of $11,(44 has been ap- propriated to that mission, equal to $2,800 per mis- sionary. Dr. HaRnis, the assistant secretary of the Mis- sionary Society, explained that the appropriations do not express the expenditures av all, for many of them are not called for at all. Still, they are made every year, Besides the money. goes to build churches and to support schools, as well ag for mis- sionaries’ salaries, He could show greater results for less money per year im neatnen or Catholic countries ihan can be suown in this Christian city or State. Dra, Olin, Holdrich, Buckley, Hedstrom and others, took part in the discussion, some sustaining | Mr. Price, but all more or less inclined to hold on to every mission stalioD now established, and to hope and pray for better success im the future. A committee Of nine was appointed to nominate oficers of the society for 1873, Who are to report at the next general meeting @ year hence, atid tne jol- lowing named FFICERS FOR 1872, were elected, together witn a Board of Managers, consisting of thirty-two ministers and thirty-two laymen:—Rev. Bishop Morris, President; Rev. Bisbop Janes, First Vice-President; Kev. bishop Scott, Second Vice-President; Rev. Bishop *impson, Third Vice-President; Kev. bisnop Baker; Fourtn Vice- President; Rev. Bishop Ames, Fifth Vice-President; Air. Enoch L. Fancher, Sixth Vice President; Rev. Morris DV. O, Crawford, Seventh Vice President; Mr. William B, Skidmore, Eignth Vice President; Rev. Jobu A. Roche, Ninth Vice Presideut; Mr. James H. Taft, Tenth Vice President; Mr. Uliver Hoyt, Eley- enth Vice President; Kev. J. 2. Durbin, D. D., Cor- responding Secretary; Kev. W. L. Harris, D. D., Assistant Corresponding Secretary; Kev. ‘Thomas Carlton, D. D., Treasurer; Rev. Luke Hitchcoc! D. D,, Assistant Treasurer; Rey. David ‘Terry, cording Secrevary. In the evening, at the same place, the Rev. Thomas Guard, of South Africa, preached @ mis+ sionary sermon from the text Isaiah Xxx, 17:— “The Work of righteousness shail be peace, aud the effect o1 rignteousaess, quietness ana assurance fore ever.” He treated the “work of righteousness” from @ three-lold standpoint—namely, the work of Christ in His teachings, m His life and in His death for the saivation of men; the work of the spirit in leading men to repentance, in regeneration and in sanctification, and, thirdly, the work of ministers and belie generaily in sp! ing abroad the knowledge of Gou in the earth, Mr. yee aa eloquent tribute to tie Itfe and eloquence THE LATE REV. ALFRED COOKMAN in this connection. He aiso drew @ fearful picture of the darkness of heathenism in South At In Kaffirland, he he inhabitants nave not the re- motest idea of a Sup! ‘Their highest law 1s agains tpiowing out.” by, the savisa bit. of Soncontrating m4 an essay on ray ol an Tue sd ‘of the Church gp missionary enterprises: in the jorning Dy. Dr. Lore, ons, in the afternoon ‘an essay will be read by Dr. tworth on the co- ree ger sions will follow each, In the even! FOR te de aden Hap be held, at which addresses livered by foreign missionaries. MORE DEATH ON THE BAIL. At Fourth avenue and Forty-fi(tn street, yesterday morning, John Bradley, @ car examiner, was run over by a train of carsand had both legs fearfully nae linda ete at a os ike’a Hosptial, where ne o'clock P, Ti pecwused was foriy-igut years of age, & native of Ire:and ahd hved at 220 Hast Forty- peventh street, Cofoner Herrman will wake on investigation tm a day OF bWor to-any oxongg | Ee 1M their first sesston, Ly recom - fuuttou, ! that gives | BROOKLIN'S BURDENS. An Investigation of the Records of Departments Granted. CHARGES OF FRAUD AND CORRUPTION, Election Peculiarities on the Republican Side. Three More Inspectors Gobbled for the Grand Jury. Committee of Fifty on City Accounts. At the regular meeting of the Brooklyn Common Council yesterday afternoon the following commu- nication was received from the Committee of Fifty:— . To Tax HONORADLE THE COMMON COUNCIL OF THE OMT OR PROOKLENI— f : ry renege Exeoutive Committee of gate 3 extrava- ution Te ikSacvoral departments of the cit * of tha have of Inte boon 00 lrequentiy and org Tae, believing that you, aa represeatat vedo aire tat tovestigation shoud be a E : i At ais Nt nuod Trude be found to exist the por thereof may be brought to justice and punished for thelr crimes, and if {tbe found that no toundation existe there- for that the same may be demonstrated and the oredit Of the clty, that has been tarnisbeds ile hota Fe cata devartments to furnish alt the iatormadion ara every fucility to.examige thelr Lovks, papers and accounts to enable the several aub-oommittces of this Organization te agcomplish their objects, opin ‘hat this roqusst will_mcet your cordial approbar Hon, and that 1 will be prompily accorded, we remain, reapect.ully, Lukaae ¢. oarte ABRAM SNOW, MW RALBELISOE : THOS. A. PROUKER, EYNOLDS, JULLUS ALLEN, JOHN YOUNG, Executive Committes, A resolution was then offered and adopted unante mously to the effect that the Common Council will grant permission to any ciilzen, or comuuittes of Citizens, to examine the records and affairs of of the departments of the city government mM any case where tne heads of departments shall reiuse the same, Alderman BERGEN, President of the Board, said that he had just been iniormed by the heads of the different departments of the oity government that no request as yet had oeen made by the committee, but that, When such a request was made, they would afford them every facility, as tney were de- sirous to assist them in the work. Inspectors of Election Arrested Yesterday. The perpetrators of the outrage upon the sanctity | of the ballot box are already beginning to feel the weight of the strong arm of the law bearing down upon their devoted heads, and ‘“/ear and trembilug fill their hearts.” The strangest feature in the speedy reparation thus sought by those whose duty it 1s to bring the guilty ones to justice lies in the fact that of the seven Inspectors of Election who have been arrested in. Brooklyn for tampering with the ballot, thas far, four are republicans and thteé democrats, The former party would certainly ap- arte be in the majority by one on violating the jaw at the polis, ‘Tnls is sirange certauly in view of the fact that it was the “party of moval ideas’? that first detected tne great election frauds which have certainly been committed. When it bas been asked of ropublican leaders how ther account for this peculiarity they say, “Well, itis possible that we have bad some men on our side ‘who, aise to their party and thew duty, have thus committed themselves, But we are nut responsible for their evil course, and they must, if proved guilty, suffer on an equality with their democratia brethren, WhO may fivd themselves im Lhe wrong box through their own cleveraess at the baliot box.’ Yesterday morning, long before sunrise, Officer Buras, of the First District Police armed With @ batch of warrants, aud ir a by am omMcer of the Sixth Pash called upon E. H. Tierer, Jacob Starx and Henry Jones, who reside in Boorum sireet, and, rmging the door bell violently, broke in upon the huppy 8.uuivera oF the inuocent entiemen named, Burus, in the e of Erin’s rd, sang, in a plaintive strain, beneaia the Win- dows of his prey:— iso up, Willie Bielly, and come along wid me. They arose, and, when informed of the object of the oMicer’sgearly call, which was to lead tiem inte capitivity to answer for (heir alleved uniawiul pro- cedure a8 ispectors Oi election at the polling place of the Seveuth district, Sixveeuth ward, on election day, their spirits sank, and neither the glad udings of Alexis’ arrival nor the meloay of their custodiau’s voice could lit the clouds uf depression which | settled upon their senses, If they had been demo- cruts only they would not have felt so bad, but to find themselves in such @ tix and they republicans seemed almost unendurabie je Warrants upon which they were arrested were sued upon aNidavits of G, H. Barter, an inspector of election the district above named, who was thrust out bp forte trom bis post of duty because he interfered to revent fraud, and @iso upon the sworn statements f citizen William Zink, The story is told in the snbdjoined afidavits:— APPIDAVIT UF THR EVEOTED INSPECTOR, Brooklym Kings. Cranlye—Ue W. Briar, oe swore, Layast rehide fn Bastin ‘irest, betwesn Mo’ and Humboldt streets, oy and I was au Auspector Election for the Sevecih district of the sixteenth ward, duly qualified, as appeais by the annexed certificate. On Tucsday, the 7th of November Inst, 1 attended at the piace OF the holding of tue polls for sald district before the time for ing the sara.” When I got there Bdward H. Tierer was me came Jacob Stark, whom Ticrer awore in. was sworn in by Tierer. and be eworn uni came ni ‘iben came Hen was io Tierer. Then came Charles Jurgen, and. he ‘was sworn in by Tiercr, and there was a quantity of tickets | tu one of the boxes which I objected to. ‘They tak Out, Then Tierer ordered me to leave tbe room. I ref and behad me taken out, The sergeant of poitce put me 2 Jacob Worth com: Tlerer tu ‘ut, saying he would take the nalbility, and Fierier did forcibly put me out and locked the dyot. ‘Alter was pat out sald Piatte, “Put Henry Jones ta his plave.”* of Then follows the form of certificate of election. Q. H. Barter as luspector in said district and ward. WHAT ZINK SAW. City of Brooklyn, Kings County, o.:—Wilham Zink, duly sworn, says he gorner of Gri Boerum fn the city of Brooklyn. November, 1671, 1 attended the polls ot She cpening anil ak crscaee tes £8 o el e Kawara ie ey Tuafand duly joailiea Tospeetore of caid, disteicty as ‘ Bivo"been laformed. “and” believe. Flaws loft "dom after the opening -of the and ‘and one Henry = once was pat i said Tlerer. soon after the pol ‘Tlerer forcibly ejected said Barter Piaish seid polis were held, und one Jacob Bad place; that John Cun a urea, sppoinied pull clerke 1n sald district; tbat auld Tiere, Jones, Y uke oul , Jurgen aud Canningham all beloug to the same pol arty, to wit, the republican party; that sald Ou ham is the same persou why acted as au Jospector at an clee tion some years ugo where John Rober was defrauded out Of his election as Member of Assembly, aud that said Cun- ningham was the person who commilied the fraud. Said allow any demvcrat to@uut us olther OF inspector during the day. Said Jones delibe- rately destroyed ballots that were regularly voted at said rew the same away. I also saw said Tiere? iy put ballots in the box used at sald election that bad not been voted by aby person, That sald Stark present at the time; and he several persons go acting as to re acted in concert in the com mission of these Irauds. Jacob Worth was at the said polls goon after they ware opened and told Tierer Ww put said Barter out of the polling place. The prisoners were arraigned before Justice ‘Walsh, and pleaded ‘‘not gulity.” They waivea ex- amiuation, und gave ball to appear before the Grand Jury. ‘he bail was fixed in tue sum of $2,000. The Grand Jury is now in session. FOREIGN PERSONAL GOSSIP, —Guizot will not go to Athens as French Mints» ter wo Greece. —. Okouneff is about to be appointed Russian Minister to Sweden, —Lord Castlereagh 1s about to marry a young French lady of the beat nuvlesse—Mile, de la Kuche- Aymerie. —Rey. J. 8. Watson, who is now in prison on @ charge of having murdered his wife, had his effects sold by auction in London recenty. —The Mayor of Reading 19 about to have the y 4 upon him, in ete rite or vue fovane wie OF “ihe Princo of Wales to town, or Talbot and Vice Cyl ring —Admiral Sir 0. Kell have been placed on the retired list of Britt Navy, ana several promotions in ve taken, bya to be married, — t M, Vic~ tor Hug Gamble ie ato the ex-aictator & letter hi Sonera Tone ne characterizes as the UBIOD Of & Souet with a nower. ——The French Ambassador at Madrid has re., eed * madeus, in private audi a ate tO a eee paneing lit Mayesty for Bolaen eee S rreuch fepabllon —<eneral mer had written ® letter to t Frenoh. Mantator of War, announcing in tronte: terms nis retirement froin the service, in conse- tena ld Siig ulm Wo Sako ua faaton to shat of ofef d’escadron. — Schneider 15 furtous. Some time ago she ar. ranged with & Russian manager to ap! In Be Petersburg At $300.8 night. She now finds to her Mortification that the gentieman to whom she has engaged her services is the proprietor, nov of a theatre, but of @ second rate coucert nail, —M, Lessines, the journalist, denies the authen- ticity of his supposed correspondence with the French fp pth about the aunexation of Bel- qium. The letters wore pubdtished by L's ne dance Beg, and the publication of those letters Was highly disapproved gf in diplomatic gireles,