New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-24
Total. ................s........ .....s.s''''''''
LA uIITIRs
INCIDENTS OF TIE Day.

A. D. Williams Of No 40 Wall ST., who WIS
renorted TO have oyerdrawn checks the Bank OF
North America 10 the amount OF s5OO reappeaTed at
his Sdioe yesterday very much distressed over ahe adj
ditiOnal report his fght liz had besn at bone sick
during Monday, and looked very little improved In
health Yesterday A short conversation with him clio
tied the following statement On satnrday report pre-
vailed that tae Bank Of North America woulde close on
Monday and he far frightened as to Withhold
deoositing large amount OF securities with which ne
had intended make good his overdrift. On
Monday tho bank proved to Nc thoroughly sound and he
bastened as soor as they were available. 20 deposit
With Them <25Oo0O in marketable securities. Yes
terday he secured deposited with them, aSoo0 ad
dItiOnal in equally marketable sec1rles' THESE CON
.sted of st. Paul Prefer 3D. Western Union, Lake Shore,
Pacific Mail, Delaware and Lackawsnna, and various
other stocks which aggregated counting them at Sat
urdays prices upon which basis they were taken, 94O,
600 leaving a margin OF $4,000 Yes due He Shovel
securities ample to make up that sum. land II Ia under
stood will hard them over this morning. Dit. Donald
son President OF the Bank, stated that ME- williams has
mani tested desire to correct the matter and thae no
aouh, remains Of his ability ana intention 10 make the
remainder good. With that paid in, the Rank OF North
.morica VIII have so lost only tow dollars here
| and there, throughout the crisis
| The banking house Of Messrs. Howes Macy, In the
same buiAing With that'of Henry Csws Co.. was the
subect OF unpleasant rumors yesterday AFTERNOON an
reporter of tbs called es the bank 10 learn
| ha
their house was not IN tie slightest danger OF snspen
| sion The rumOrs were pronounced idle, and caused
nrobaby by the crowd surrounding Mr.. C1ewss Office.
This ia an old fogy bank" pleasantly added Mr.. Macy,
| - and "a not 90 all embarrassed BY the panic"
The Rogers Locomotive Works at Paterson, N Tho
,orgest in that cty-dscharged 700 yesterday This
rumber "a about onehalf of the employees The order
~ discharge was based the countermanSiing OF .
contract for 60 locomotives which bad been awarded
| 90 the company IL Is well known that the
company had received orders from the Missouri Kan
sas and Pacific Mississippi Central, aud the Louisville
| and Nashville Railroads, but the Rogers Company
refuse To make public tho name Of the Com
| many which has contaminated the order
| Tho men who were discharged earned $4,000
per week on the average and It Is expected that much
suffering will be felt among them ON account OF the
movement which will also effect business Throughout
the whole city, The employees of other shops are still re
tained and 1t is said that they have enough work ia
occupy them through the Winter.
IL was rnmored yesterday that run had been started
on savings institution down town, but investigation
nroyed that n was untrue. The on the Fuh WARD
! Savings Bank, which was begun on Monday was mol
resumed yesterday. The confidence IN the INSTITUTION
| Is completely restored -
Business at the First National Bank OF HOOoken yes
terday was dull In the extreme. and II Is now oortaif
that the run upon this Institution Is at an end Nearly
all deposits that were Withdrawn during the \
cteInent OF Saturday have been returned, ana toLh
deIce In the bank aud its nauagors 10 eVnpeSly 10
ztnreu,