The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-16


partly in specie ........ 200
BLoonNspALu SAVINGS BANK.
This asttutlon tas experienced but small drain In
companion with osher bankx Of IKE amount deposit
II u now lccs,,d n Gao ssh avenue having removed
from their cid site at the OF Broadway AMI Thirty
nrst seeei the Ii! OF May last this institution
eatabshed in 1854 snd account OF the calousna
Judgment OF it, mArages could now safely i've through
Any PANIC depositors might choose make
It's funds KEEP, IN tie United Satei Trust Company and
therefore available 81 any time the bank being the
gamer BY any sudden those docg would
Of course interest Tsy 70 carefully avoided
lying up thsr money under bords mortgage they
anticipated crtis OF this kind and accordingly pas
Shenreves In . condition To avoid being paraysed BY -
sudden &c the public mind HE the pre,eni The
dsrx yesterday very slight; indeed the transactions
OF the day scarcely d,trg,hable from their osd
nATy depah and drafts. Their busness hours as from
Ito4P.M
Al the Irving, Broadway, Em,gykni, Industrial, East
River. Manhattan, Aarners Cerfs Greenwich and No
chsnos' and rrsden' there neither 'run excite
nent TOinss their every Cay busaes appearances
som1 kirg OF, and others paying In n oil hese Ia
stuiors. Claimants paid In bills and small amounts
n sps SOLE The ten per oent Uls aced In most In
stances but relaxed when OF necessiy appeared
TIE large majority Of ose Who wiihdrex their savings
certain Of the soreucy CT these Institutions 70 give way
foolish exci,anent Qaiie . s-ge number OF those who
had prsviously withdrawn their deposits
sng them yesterday. They did well 10 as promptly on
returning sense and II would DO highly ban, Hcal for al
Who ,nfoesoed by tins panic mania 70 ego and
do likewise"
BRooKLYH SAVINGS BArK.
We learn from the Off OF ths long tried institution
hal everything goins usual and thai yesterday
he receipts were more than double The payments
PIANoFoRTE AND ORGAN MANUFACTo-
RIES.
sYvEoS ov TIE PANIC ON DEALERS III, AND MASU.
PACrURERs OF MUSICAL NsTR
PARALYzRe eY ZEE fRADE-rEMPoRARv CLOSING
OF ESTABLISHMENTS, ETC.
ms dealers and manufacturers Of Injuries, orrauena
and instrr mert, have class undoubtedly felt
The effects OF the present panic vastly possible,
more than nose who concerned In The nauufA,tu-e
and vendg OF articles absolutely necesssry for daily
and 70 promote the buness OF the country
mus while the panic has seriousy affected the ironmon
gers, c1peeen and other useful branches OF the city,
II had much more eject the mauufAcsur
OF musical instruments, &c many or the oldest an
largest establishments having within past cay two
ezrey suspended operations for she present. barely keep
ing suncieui work 10 complete and nniah up work
thai II u absolutely necessary 70 have, In order to III
xscs, &C., Already made. Several other establishments
half, while very many CT them Aeeprg the
usuA complement .. work, either en- hAlf pay, or
half or lhree qratcn time. Win two or three
exceptions The manufacturers have much work
they could vel do BY keepirg ncgu complement Of
run time, but snabls 70 do % FOR wart Of
funds 10 psy Oh The a1sr the work II pleted
Several others have pianos oompleisd hand
has oash nAket be found for Most Of he shops,
however Thai have Suspended or essened their number
Of hands hopeful mat In lhe OF tso three
wesks they viii be able 70 work with their usual
oompkmeo again, while othors have resolved 70 remain
With reduced number OF work through the winter.
~ general thing where The shops have suspcnded the
rnse have pc< been discharged and merely holding
or, IN other words, lying Idle until the propeto OF The
shops shall have made heir minds hat they win
ros rot al, OF The shops bad merely opped for the
purpose OF being the safe nee 10 the panis should
- ary length Of time, particularly aer the banks
shut coyp he depcs OF The propretors Of many
" As rlaoes hey did on tuesday, rendering II abso
LIZ pcoessary fer of them vho had large deposits
oborev lo~ ~ $50 and slt0 TO mees their i'm
mediate gsscmsns win, mar having tried In vain V
res money from their banhs.
Our reporter esssrdsy ccntnuetshs visn among th4
panic The Working olAsses OF the CITY, taking The
fvte orras and meicdeca manufscor1 Of ths city
md BrosSyn, ell Of wbsh with 70 exceptions be
vst daring he day, and procured the following ssate
nens OF the Affairs, preses and future prospso o. from
HE proprors themselves persons In charge OF ne
speocve estabishncnn:-
PAsoTOgrE MANUFACTURERS.
1IRrH, POND ArD co.,
Corner Of Souh Third and Trsi str 500 Brooklyu D.,