The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-15
THE HOBOKEN HIVE.

Panic Among the DepOsit0rs, and Run
On the Institution-i26 Creditors and
$4,000 Paid NEUTRALITY-SUSPICIOUS.
subsiding, and Klenen Still At Large.
AS was foreshadowed in yesterdays HERALD. q
vast number OF depostors grew feverish yesterday
morning. and by the time the bank was opened
upwards of sixty individuals crowded round the
door. The officials were promptly at hand,
and lost no time in making payments. From
ten O'Clock until three, eightyone depesltors were
paid sr These were chiefly women and illiterate
men who had no means of determining the actual
Estate Of affairs. except by the mschievous rumors
which few hungry sharks freely propagated.
Never were the words Of the Mountain Bard in re-
gard to tickle rumor that gathers new strength
travelling" more exemplihed than in the case Of
the poor, struggling depositers.
HALF'CLAD MEN, AND RAGGED WOMEN
with babies in their arms, waited anxiously near
the door till their turn came to receive what they
seemed to be doubtful of recovering The treasurer
of the bank repaired to New York and exchanged
$4,000 worth of United States bonds for hard cash
to meet the demands. In the meantime several OF
Haboken's most trusty and respected citizens
arrived and endeavored to calm the excited
throng. Rev. Father Cauvin came also to
have no fears. More than hair Of the assemblage
Immediately retired quietly to their homes at his
request. Wnen JHe DELL C0lled three, however the
remaining persons grOwled fercely on seeing tho
doors closed, and were quite unsparing in their
excavations ofthe man who had brought such care
upon them. At six O'Clock the doors were again
thrown open, but the crowd was comparatively
sparse Fortyve other sa were examined
comparing the pass-bOoks with the
RECORDS OF THE BANK,
further deficiencies amounting to 5000 were dis
covered. This is the most assuring feature OF the
case. 1t was reported by some that there existed
many large discrepancies similar to that in Mr..
Schloos' account, but inasmuch none such were
discovered, 1t may be safely presumed that pecua-
lions OF that description cannot reach any cOnsid-
cradle sum. Comfortably to the announcement
yesterday, "a few landsharks induced some de
per cent discount but such instances
were happily rare. Nevertheless they go to
show the existence OF that vuturine species OF
humanity that weuld rob the pennies from dead
mans eyes. At eight o'clock In the evening all ex-
element seemed to have subsidized for the time
being, though there are yet many persons whose
anxiety can not be gratited by anything short OF
withdrawal OF their little store from the bank.
The directors are determined to convert all their
bonds and securities II necessary to meet the re-
quirements of those who call upon them.
The condition OF the institution is the same as
has already been published, and its effect
the fact that $2562 81 was deposited by various
parties. The exact amount OF payments is
$43SO6 %. Mr.. Klenen has not yet been captured,
but the New York detectives are on his track--a
palpable snub to the detective system of Hoboken.
An aged man named Hoyt SANFORD has been ap-
pointed to fill the vacancy 1t is expected that the
unwarranted panic will die out in a lew days.