New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-01-23
THE BANK CRISIS.

THE MARKET SAVINGS BANK-CONKLIN ALLEGED
TO HAVE ABSCONDED.
RumOrs of the suspension of several savings
banks were circulated in Walst yesterday but happily
they proved be entirely without foundation. About
dozen depotOrs gathered the doors Of the Market
SAVINGS Bank in Nassaust., in the hope that
they would receive intelligence concerning the
money which they had deposited there, but the
doors closed and they denied Ambulance.
The President Mr.. Van Name, the Receiver, Mr. Dennis,
aud the tank clerks were engaged in examining tie
books accounts, and securities a TRIBCNE reporter
called upon the President in the morning and was
frigdy informed that he had no intelligence 10 mpart.
II generally believed however, that the President
knew quito much about the bank the Seereta ~,
whose connection with il had proved fatal. Later in
the afternoon the reporter again called, and in
formed by the porter that Secretary COnkln in
the bank; he had not been there for time; he was
out Of town, and that no one knew where he
The bank officer states that Conkn admitted in addi-
ton 10 the abstraction OF Tennessee bonds that lie
had been using tile securities of the bank in other dis
astrCus stock operations The officers have been eXam-
ing the DOCKS ana securities OF the bank and have found
correct as lar as they have gone but they believe
that ADDITIONAL dealcatons VIII he discovered In the col
lateral security upon which the bank has advanced
money ana when these loans are taken up the loss will
certainly De discovered COnk, IL Is believed distracted
these securities, and sold them.
Messrs. Henry Heser's Sons OF No II Broadst
through whom Conkn sold Tennessee bonds refuse
to impart any information the subject, stating that
my arc ~ OI counsel. IDcy deny,
however the statements made In OF the newspape
and have Issued the following card:
TO the EdttOr OF The Tribune
fir: We wish 1t 10 be understood that We most ON
plAccay deny the statement made IN the diff rent CITY
papers ia relation our connection vim tte t-ans'
actions Of the officers Of the Market savings BanL
full expose Of all OF our Transactions with the officers Of
tlat bank VIII necessarily be made public Mt the proner
time. HENRY A HtIsYps So
ONCE Of Henry A. Heiser's Sons Bankers No II BroaI
ST., Nec York, Jan. %. 1874
petition IN bankruptcy fled In the United States
eTal OF It's dcpOsitOrs, yesterday The ground for
ulg le pro, eedngs Is the appointment the Tecci yer
under the state Law. Mr.. Alexander Biumcnste il tho
attorney Tor the pettOning creditors.
OTHER INSTITUTIONS.
About 300 of the depOstors in the Third
Avenue Savings Bank were present at the openipp n,
the bank yesterday Payments wen on "a usual Win
no unusual excitement The Trustees OF the bank state
that the TarrytOwn property had been J the
having been signed al Sl5OO per acre.
Tie bank has called Ia all moneys secured M mart
cages IN Westchester County property where no in,
prepared 10 meet the demands Of all their i
ful The city real est ito of the Ocean National RAM
was sold by order VI the receiver Theodore n,vi.
yesterday, at the Exchange SalcsrooIn The sales
amounted 10 S2l5625, aud included the Hembod store
ia BrOadWay, seven lots ia the seVeuthayc. boulevard
ana the bTO"n-stone building ut Fulton and Green,
wIch sts.
Walter Roche Vice President OF the Guardian SAVINGS
BANK mas given Ia jeremiah Qunldu JOSS ph O. Donube
Matthew l. Brennan. Francis Lig gins Henry NJ Caideu
1r, Crate Nathan and james ii. Coleman, a d. a 0f
property valued az $4,000 10 meet the demands
posters securing Ia Tie iIst place. those named H. re
aeed, " SWING lAen The prcicrcIce. Nj DguOhuc is