New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-23
THE PANIC OVER.
Continued from FIRST Pare.

did not any why they should avail themselves
OF the legal time allowed, they had been prepared
thus far TO meet all payments without tho slightest Gun
barrassment.
GERHASIA SAVINGS BANK.
The Germana Savings Bank paying out than
1t was receiving. but there indication Of
The cashier said that they had take
legal time, and probably would
NETWORK BANK.
At the NewYork Savings Bank at Fourteenth-st. and
Eighth-ave. there was In the morning little demand for
cash. The bank paid sums lot exceeding $500. AZ the
day advanced, somewhat OF began and increased
to such extent that the President, seeing that he
could not every depositor in ful decided 10 gvs
each one something, the amount depending upon the
number that presented Themselves. There was how
ever stay in the panic the latter part Of the
afternoon and many Of those who had drawn out their
money returned and redeposited it,
TRADES SAVINGS BANK
At the Trades Savings Bank, at No. 255tTwenty-thrd
st. there and b. lie Baron. tho President
said that nothing had to Interrupt. their ord
nary transactions He anticipated no trouble. and
thought that tho affairs OF other similar Institutions
would soon become quiet again
ABINGDON SQUARE SAVINGS BANK.
At the Abingdon Square Savings. Bank the deposits
exceeded the payments G.. ". Brown, tho Secretary.
said that few depostors had called during the day. but
we're satisfied inquiry that there occasion for
drawing their money.
OTHER SAVINGS INSTITUTIONS.
The Clinton'savngs Bank. on Eighh-ave. was unds-
turbed and at the Excelsior. Stxh-aye. thero
The North River Savings Bank. at Thtrty-fourthst
and Eghthaye., and the Franklin at Forty seconds st.
and Eighth-ave required thirty days for notc alton
This also the with the Dime Savings Bank In
| Canal-st.
Similar statements were met at the Security.
Metropolitan. Central Park and Dry Docks Savings
Banks There had been unusual variation in tho
req A uOffea nf an dav.
was posted up in the Central Park Bank.
TIE RULE OF REQUIRING NOTICE NDoRsED.
An adjourned meeting of savings bank otfi-
Gals held at the Fifth Avenue Hotel last evening
to discuss further the situation and extend protective
measures Isaac I. Smith OF the Metropolitan
Savings Bank acted Chairman, and William
! III. Waring OF the Franklin Savings Bank
as Secretary. The folio wing institutions were
represented, numbering %: Tho Metropolitan. Oriental
Central Park. sixpenny. German Uptown, Eleventh
Ward, Abingdon-square, Equitable TeutOna, New-Am-
sterdam Peoples Mechanics and Traders, Third Ave-
nue., Citizens Irving Union Dune, Security Emgrant.
Franklin, Bowery. North River, Manhattan, aud Ger
man Savings Banks 1t reported that the Seamons
| Savings Bank had been the first 20 carry
tho rule adopted Sunday evening with regard
to notices from depositors. The majority OF those
| toned above had also observed IL. The BOwery
Savings Bank had met all demands until p. m. pay
! ing out siOOOOO The German Savings Bank had
been paying all day, and had disbursed about $4,000
The Manhattan, Citizens Union Dime, and Mechanics
and Traders had also paid all demands The banks that
had required the notice had found that their depOsos
! quickly understood the necessity OF the rule. and
betrayed loss Of confidence. II attended with
the best OF results whichever followed resolution was
| adopted as follows
Whereas 1t has been ascertalned by the reports OF
@ various savings banks represented here this evening
that the adoption to-day by many OF them OF
mendaton of the meeting of last evening. that notice be
hAGTn Will Thar
approval and has had the effect Of allaying all
ment at the institutions which have adopted therefore
ReS0IUed. That this meeting do recommend that tue
provision requiring notice be generally adopted by tho
| savings banks OF this city.
IL directed that copies OF the resolution be sent 70
all banks which have not agreed It's observance.
All those present expressed themselves confident that
the excitement about The meeting adjourned.
| subject to the call Of the chairman
SERVICES OF THE POLICE
Superintendent Matsell ordered, yesterday.
Detective Warlow present command Of the detect
i've squad send eight of the detectives wal-st and
to keep the remainder in the Police Headquarters build
ready for any duty which might be required OF them
during the day. The detectives assigned TO Wast 10
NAMED there all day and busily employed
in watching for pickpockets in the crowds which gath
cred around the doors Of the suspended banking firms
After few hours OF ideness Polico Headquarters
detectives began to be called upon for the duty which
the superintendent had suspected would be necessary
|
Orders had been issued TO the captains OF the police
precincts telegraph at once to Police Headquarters
| tho fact OF any run" being begun by the de
postOrs in a savings bank. Soon after 10 o'clock
| telegram received that the Manhattan
| Savings Bank at Beecker-st. AMI Broadway
| was beginning to be unusually crowded with
customers superintendent Matsel at summoned
detective and after informing him OF the situation OF
affairs at the bank, him orders 90 TO the bank
and remain there during day guard the depostors
from being robbed by pickpockets and to from
the bank any suspicious person whom they might see
| Information in regard to upon other saw
iDgs banks quickly followed. and, each report was
| received, detective given similar orders. and
sent to the threatened bank. 10 the Of tho
day nearly every detective thus reserved was detailed
TO the duty described The police captains had re-
eeiyed orders in respect TO detailing guard bank
nghOuses and savings banks whenever might become
necessary to do Patr0lmen duty near
| the savings banks received orders from their
| respective captains TO report at the station-houss
there was any indication OF run on such institu-
tions. As The information received squad
OF police the bank; the people doors
marshaled into line, and crowds prevented
from gathering the sidewalk. Capt. Clnchy Of tho
Fourteenth Precinct personally took command at the
Bowery Savings Bank, and, with the aid OF several
| policemen succeeded in maintaining perfect order
among the multitude that sought 70 enter
| the bank doors, and also kept the sidewalk clear
| for pedestrians. The Sixth Precinct police. unde1
the command OF Capt Kennedy, maintained order In q
similar manner at the Citizens Savings Bank at the
Bowery and Csnalst.; Capt Byrnes Of tie Fifteenth
Precinct 1t the Manhattan and the Bank for Savings
Bleecker-st; apd Capt. Wsshburne OF the Ninth Pro
cinct the Greenwich Savings Bank, Waverey place
aud Sixthave.
| THE FUGITIVE SECRETARY.
| I'D Az, CT ATFNENT OF HIS PATuEp-rIp soS LAST