The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-04
TIE THIRD AVENUE SAVINGS BAAK. !
Depositors Gushing for Their Money-A Panic
Among Thsm-Standing in q Pouring
Rain-scenes and Incidents-The
Raid Increasing in Violence

more violent yesterday than any other occasion,
and long before the hour for opening arrived sew
eral hundred depositors clamorcd for admission at
the door, elb0wed and jostled each other rather
roughly to get good positions. scrambled up the
steps, and cursed themselves for being foolish
enough 10 deposit In the concern which the news
papers ana commonreport long ago intimated was
shaky.
Half an hour before the hour for commencing
business the doors were thrown open. when rush
was made for the interior. men and women falling
over and against each other in their endeavor TO
reach the head OF the line At this time there were
no police present, Captain Cameron evidently not
having heard OF the run that commenced In his
precinct twenty.four hours before Within
fifteen minutes the banking office was
filled by q double line of depostors, num-
bering, perhaps, four hundred; and still
there were one or two hundred more without ours
ing their luck In being among the latest to arrive.
Between nine ana ten O'Clock Captain Cameron.
probably having heard OF the rush, ordered detail
OF police to double quick to the corner OF Third ave-
nue. and TweRty.sixth street, where they arrived
GREATNESS at aboat ten O'Clock. The work OF paying
the deposit0rs at once commenced ana proceeded
very slowly, the paying teller taking good look at
each bill TO be certain that he did not pay out too
much. At times he would work with moro alacrlty,
ana during the entire day seemed to Raugo his WORK
81 yne rate one pei minute
Meanwhile the deposItors away back In the limo
crowded and gr0wled stepped upon neighborng
corns and buntons. and cried, Hurry mp therel"
''Shove out the spondulicksp' "what the deuce
makes you so slowi"
.sThis IL the third rum" said a wen dressed de-
positor, ''and guess they'll 60 under this time, no
matter what the newspapers say"
s.But the newspapers can't know their condition
except by the statements OF tho onicers.n said
another. "WhY blame the papersf"
"Why, they say they have in there. over million.
don't believe IT, The papers shouldn't give pub.
lioy TO these yarns OF The directors unless they con-
vince them Of their truth. They deceive the de.
positors II they have one TWO or three millions on
hand they could easily show the reporters evidence
OF 1t end then they could speak by the book. Idont
believe word OF what they told the reporters yes.
terday.'' 4tl '7-r7%n
r. .Ihe most suspicious thing Of all !" said another
deposition. dis that OF the Catholic clergy who
have the interest OF their ock at heart, advise them
II dlnks i pes one tam swlndle" said a corpu.
a der and We ven paw ask q
Ills interest dey dOd MIN 10 go TO ter tuyvil dill der
ast1 q ter month Der interest pes tue aunaer
my friend, don't be alarmed; you'll get the In.
terest. !" SAID quiet bystander, 'in fifteen days.'
before then have It now o or v Knows ~ Why o0A
This ts fair specimen OF the gossip among the
the night the crowd was intense within and with
OutEsome being NOISY and others quiet, but oil
anxiety. which suddenly changed to unieigued
delight as the teller counted out the greenDncks
The private entrance on Twenty sixth street was
barrtcaded BY those who aea get in BY the front
Che influence Of friends or pretty faoe but ali
were turned away with the remark, "You must
nam9d Mrs. Le6ialr, VINO came in her own carriage,
tried the side door, and finally succeeded by her
Eention was called else wnere. = -
up to noon yesterday hall million of dollars
run and sui the work went on braveiy the clerks
not for so pq na tine
Slx O'Clock with "pleny OF funds" the trustees
e Keep ,n ne ks,e sUng r days
thing than IN the day. Notwithstanding the
pouring rain THAI saturated the poor anxious
watchers. Whom the doors were thrown open not
moro tnan half could Ind room within, and
couple Of hundred waited In the rain with hope de-
Women S DT ney ooutpued 20 now IL and M up 1 Inc
dent Lyons announced that moro were in
than could be PAID or in banking hours
dred and dfty thousand dollars was paid out, max.
lng about one million paid out since the run COM
yesterday 900 100000 Was paid 4 out III
tne afternoon and evening they still have on nand
ns oi e ss rate sy o are p
when that Is exhausted they promise plenty more.
In conversation with. the HERALD reporter late
last evening some OF the trustees said they had no
iears Of the result as they Thought the backbone
of the run was broken yesterday, but from the
appearance OF the crowd that were turned away 1t
a ssd as rhs one u e.
them put It they would 'root hog, or die.n The
President said some OF the depositors had moro con-
adeuCe than no. that Ia II he mad money and was
Ignorant Of the affairs Of the institution no would
not deposit IN It as some did yesterday. Among
those who applied Tor their funds yes.
terday was o Mrs. Bradley, who. called
for $4,000, police Oflcer reports that
she was taken into the trustees room, but whether
she drew her mOney was not ascertained
Nr. Bates one OF the trustees, was very unspar.
Ing In MS denunciation Of the banks enemies and
declared that Mr. Uooley had boosted some time ago
TO Woe President Worthless that on the LIST January
they would have another run. 1t Is useless to 0is
Eulse the fact that the alarm 10 widespread.