Newspaper of The New York Herald, August 14, 1848, Page 1

Newspaper of The New York Herald dated August 14, 1848 Page 1
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I ' T H NO. 5183. tITIIIIIII ?ISClt8VRRS OF THE CANAL BANK, ALBANY. I From the Albany K nick, rbocktir. Aug. 12.J The Mt-uort of the Sjw. lul Agent* of tltc (.mini flunk. To M. Fillmore, Comptroller:? The undersigned, Fpidal agente. appointed on tlio 11th day of Jviy last, "to examine into the u(T.tir* of the Canal Bank, and us far a" lien in their power to an cure for destruction nil the circulating notes of snid bank then in their po session, and prevent from vrastH or misappropriation, any of its fuuds or assets, nnd secure them for the ben (lit of the creditors of said bank," most respectfully beg loavo to present for your consideration, the following abstract of their investigations Rifort:?Tliat they reluctantly entered on the duties assigned them, with a due etiolation of their importance, and a. deep condition of the accountability resting upon theui, iu view of the important and difficult trust confided to their investigations. They did not anticipate at the time of the appointment to the unsought lor and uudesirabla duty, that they would be called upon to investigate any transactions that would conflict with their own feelings, or in any rasa bear unfavorably upon the character and reputation of those who they have been taught to esteem and respect?those who liavo been their associates in business and otherwise and v. hose honesty and integrity tliey baTe deemed unimpeachable. Such duties are embarrassing and assiduous to di$- j charge, requiring firmness of purpose, united with the 1 greatest caution and deliberation. It has been the universal opinion, nnd sincerely believed to be the case ; by many individuals in the city, that the funds of the hpnk lor a period of time hove been used for speculating | purposes, and that abuses of a criminal aud aggravated nature have been perpetrated for a number of years upon the stockholders and creditors of the institution; and now. from tile result of the examine- ; tion, it is most conclusively demonstrated, that their worst fears are more than realized, and the repeated insinuations that have come to their knowledge de- ( acriptivc of the illtgul practice on the part of the officers and directors cf the bunk, are truths and facts, and not the result of imagiuing or erroneous suspicions. Krom such a state of public feeling on a matter in j Which a large portion of this community were interest- \ ed. we are led to the conclusion, that nothing less than a full and thorough investigation of the conduct of ( the managers and officers of the hank would in the least satisfy the public mind, do justice to the innocent, and be the means of averting odium, and putting ' to silence imputation prejudicial to the other instltu- i tions of the city. The special agents, immediately after their appoint- | ment. with the consent and approbation of the cashier, | took possession of the Rssets. book* and papers then in the bank, and proceeded in their investigation. After a short progress in that examination, they became pos- j pes.H'J of evidence sufficient to satisfy them that the bank was insolvent, nnd they deemed it their duty to ' make an affidavit, a copy of which is hereunto annexed, setting forth many of the most prominent facts that bad led them to such a conclusion On the 14th of i July, the Attorney General applied for and obtained from the Supreme Court, an injunction and subsequently one of the undersigned was appointed by Judge .Harris, the receiver. ? The special agents, in compliance with the direotion flven them, secured all the circulating notes then on and. and preserved the available assets. Hereunto attached will be found nn inventory of all the property. of every description, that has come to their knowledge, considered as the effects of the bank. They deemed it also justifiable and proper, to submit for your consideration and examination the testimony of the officers of the bank, (hcamined by them under oath, with such ubstracts from the book of minutes as tend to show their management in regard to the affairs of the bank yfe have attached, also, to this report, among the documents appended, a lift ot the stockholders, with the amount of stock ownvd by each, and a separate list of that held and owned by the directors, together with'the amount of the directors, indebtedness and liabilities to the bank, with the liabilities of John T. Crew, the teller, embracing the sum loaned by him to some of his relativvs, and others, together with a list of the officers of the bauk. at the time the examination commenced. The following statement embraces the aggregate amount of the resource* and liabilities on the morning of the 11th cf July last:? turn. Bills receivable, discounted and past due,. .$377,822 50 " " past due, under protest.... 126.233 69 B" " on demand, short notice,.. 183,702 63 " " in hands of attorney 71.368 67 Bonds & mortgages, stocks and certificates, 97,090 98 Real estate, principally in Michigan 57,157 90 Cold. silver, bills, Sre 1.321 54 Due from banks 99.053 87 Over drafts, 52.990 98 Bank furniture, kc 300 00 .$1,060,991 57 LIABILITIES. Capital stock $300,000 00 Due to banks 467.547 08 Commissioner canal fund,. . . 46.633 72 Treasurer of State 24.539 34 Circulating notes,. .248.970 00 On band 03.439 00 . 185.531 00 Rue depositors 119,771 13 $1,174,022 07 Deficiency, $107,030 70 Thus, it will be perceived, that of the entire avails of the bank, embracing a large amount, invested in real estate, estimated above ita value, and a much greater sum in the course of litigation and in the hands of attorneys for collection, there remains the enormous sum of one hundred and seven thousand and thirty dollars and seventy cents, to be accounted for. But in order that you may be in possession of the ; facts as they really exist, it will be necessary to explain | aomc recent transactions tn which tne financial omcer of the bank was the principal actor. During the investigation, and before the court had appointed the receiver, the cashier presented to one of the agents the following notes:? E. Croswell's note, dated on demand, 13th Oct.. 1847, endorsed Theodore Oloott,. . . $20.000 00 E. Croswell's note, dated on demand. Nov. 30. 1847, endorsed Theodore Olcott 8.125 00 , John Keyes Paige, President, note, endorsed Theodore Olcott, Treasurer, dated 5th October, 1847 6.776 47 | 1)0. do. do. ad Sept. 1847, 0,40167 II. Dwight'e draft, dated July 14th. 1848, on Cashier of Canal Bank. Albany, in favor of E. Croswell, only 50.000 00 $91,302 04 ( At or about the time the above was handed us, it "Was remarked b.v Mr. Olcott that be was In possession j of a power of attorney from the "Pratt Bank of Buffalo" to borrow and loen money on their account,and j that bo bad borrowed from the Canal Bank about the 1 sum that appeared there due from the Pratt Bank, and \ desired that the notes be passed to their credit, and | then their account would necessarily be balanced.? This explanation did not appear satisfactory nor plain enough to justify the agents in balancing the acoount of the Pratt Bank without a more explicit and full examination of the whole matter It was but a few days until information was received from the gentlemen owning and managing the Pratt Bank of Buffalo, that they had many months since closed their business transactions with the I anal Bank of Albany, and that they had no Knowledge of a single business transaction of any kind or character subsequent to the 15th day of May last, when they made a draft of over $4000. tho amount then due them, on the Canal Bank, lu furor of tho Mes-rs. Washburn Sc Co., of this city. 1 hus It will he seen that the pretended Indehtednesi of the Pratt llank was only a cover for a large loan made from the funds of the Canal Rank, tn a few of lta directors." lu order that you may be In possession of the actual defalcation and deficiency, your agenta present the statement < directed, showing it to bo one hundred and ninety-eight thousand three hundred and forty dollars and fourteen cents. Kor a inure full and aatisfactory explanation a copy of the ledger account with the Piatt ltank. for some months past is hereunto at tached. On the next page Will he found a correct statement made from the books as they will appear, deducting the uni o< $ '1.300 44. reported a- being due from the Pratt Bank of Butfnio. and leaving in the hands of the agenta note" of hi. Croswell's, and other, not enumerated, In the n-ourcrs of the bank Sta'siatnt of the aiteli and liabilities of the Canal Hank' as jirr inttnlor;/ hereto tinnered. a-?rT?. will- ?-.(-.hi. ax?7 <m fid " past due 120.233 60 ' on demand 1S3.702 63 " in band* of attorney . . . 71,318 67 Bond* and mortgages. etocka. and certificates 07,090 9S Heal estate 67,167 01 Hold. silver. 1,831 04 Due from banks. $99,053 87 Oedurt Pratt Dank, buffalo. . . 01.399 44 7.744 43 OTerdrafta 63,001 08 JlanU 300.000 $976,692 18 LIAIIII.ITIM. Capital stock $500 K)0 00 Pup to banks 467,'>47 00 Commissioners of < anal Kund. 40,633 72 Treasurer State of New York.. 24.339 '4 Circulating notes $24-.''70 On band 60,439 1S6 ,'iul CO Put depositor* 140.771 13 1 174.022 27 Assets 07.">.082 13 $l'.'S,::t0 14 1 Iip foregoing show* Ihat the ban!:, on the day ofita failure, had previously squandered nearly two third* of It* capital, $1 - .".40 14. Beside* tlii* the directora had borrowed. many without a shadow of security, the enormous *nm of $i - 340 14. independent ol their liabilities *? endorsers for $174'l60 '29. It cannot be disguised that llierral an J improper practice* haTe been for some year* perpetrated by the officer* cf the batik, for i?hlrh tli* an'Terer* demand -a'! faet'e.r n- ? ' *tl . 4> ' . . ,,, E NE MORNING tlie law regulatiDgsuch inatitutions be enforced. It will be seen on a careful examination of tho schedule J.; marked ' cash itema," '' teller drawer," hereunto annexed, that a system of peculation had been practioed by the teller, iir constantly absorbing a large portionof the funds belonging to the bank, the use of which enabled him to discount checks and notes for particular favorites. besides having an Individual indebtedness of more than thirty-three thousand dollarH. The special agents herewith present, in order that you may understand more satisfactorily the extent of the deficiency, in detail, a copy ef the statement of the (.'anal bank, sworn toby John Keyea I'aige, President, and Theodore Olcott, Cashier, on the 19th day of April last. The stati ment is copied from the original on file in the Comptroller's office, verbatim, giving some alterations and corrections that did not appear upon the printed copy? Shiftmen! of the condition of the Canal Bank of Jllhany. on the morning of the tlh day at March. 1848. ns:..0! R. El. I,oans and discounts *$019,800 08 Due from directors of the bank 81.074 40 lieu I estate 01,889 10 Bonds and mortgages 3,501 87 Stock and promissory notes 27 0*21 CO Due froci brokers 9 000 00 Hank fund 13,000 00 Ovtrdrafts 5 080 10 Specie , 8.920 00 cam lien's s rf>t?,vos ai DDIs of solvent banks on band t 3G.15S 00 Due from banks 243.510 00 Dills of suspended banks 1,022 00 Add for cents 3 GO $1,204,340 80 LIABIX.ITIF3Capital stock $300 000 00 Profits 16,220 f>8 Notes in circulation not registered 3,781 00 Registered 150.675 00 Due depositors on demand. . 76,580 40 Due individuals and otber than banks G.263 00 Due banks 506,603 57 Due Commissioners Canal Fund 130.819 00 Add for cents 03 Total liabilities $1,204,840 80 Signed, J. K. PAISK. THEO. OLCOTT. Sworn to loth April, 1848. James I. Johnson, commissioner of deeds. Among the '-cash items" of the teller were found two checks, one dated Jan. 1st, 1340, for $4,557, signed J.L. Crew, and one dated July 1. 1340. for $4,280, signed " J. T. Crew by J. L. Crew."' These checks were held by the teller as caBh. and so counted daily on balancing his accounts. It will be observed that one of the checks is dated 1st of July, 1340, and the special agents desired him to explain why he appropriated the funds of the bank, and substituted his own check, dated about a year in advance; to which he replied that "he was frequently away from home, and. in travelling, he did not know how or when death might ovtrtake him, and that he took this precaution, that his executors might have ample time to settle his af iair.s oeioie uis iDaewrunci* cuuiu inuiuie. On examination, it is found that a large portion of paper discounted is made payable with interest, and checks were discovered among the " cash items" to pay interest, Sec.; and that, too, by persons who have been owing the bank thousands of dollars for years, both for principal and interest, and. at the same time, receiving their semi-annual dividends, at least, a thousand dollars a year. Among the many transactions which have come to the knowledge of your special agents, the following is deemed of importance enough to communicate:? Mr. W. M. Ostrander, of Syracuse, came to the city on The 8th of July, (two days before the bank failed) calling at the Canal Bank, and requested that the Cashier would discount for him three notes for $2 600 inch; he was informed that be would discount them, and gave Mr. Ostrander a blank check to sign, in order Lo draw the money, which done, the cashier gave him $7 600 in Canal Bank bills. Mr. Ostrander returned home, and hearing of the failure, immediately returned, expecting that he would have no difficulty in exchanging his bills for the notes: but to his astonishment, was informed that the Mechanics and Farmers' Bank held the notes, and claimed thatlthey had discounted them, and they produced a check on that bank signed by Mr. Ostrander. showing that he had signed u check on the Mechanics and Farmers' Bank, instead of the Canal Bank, the business having nil been transacted in the Canal Bank. Mr. Ostrander still declares that he never had any communication with a single individual connected with the Mechanics and Farmers' Bank, in any way. in relation to the loan. A transaction connected with the account of M. R. Karnes will further expose the gross mismanagement of the bank. It appears that Eames called at the Canal Bank a few days before its failure, and left for collection two notes and one draft, and at the same time rlrov his rhprk for SiB OOO and authorised the cashier to place the Fame amount of funde in Buffalo, aubject to his order, agreeable to the arrangement which existed between him and the cashier ; after Mr. Karnes had left tho bank, the cashier states that he was informed by one of the clerks that Karnes' account was overdrawn, and he therefore discounted one of the notes, amounting to $1,300, signed Stephen Paddock, and endorsed M. R Kames, to make the aocount good. It is denied on the part of Kames that his account was overdrawn, and that he was entitled to credits sufficient to make a balance in his favor without any reference to the Paddock note : it also appears that this note was discounted by the Canal Bank on the Nth of July, and rediscounted the same day at the Mechanics and Farmers' Bank, and is now held by them ; it was protested on the 16th instant, and Paddock has been sued for the payment of the same. The account of Kdwin Croswell shows a balance due him (without any reference to tbe notes and checks which he owes) of $20,826 10. To make this, a credit has been made of $24,000, either on Monday afternoon, or early on the morning of Tuesday, (the day tbe bank failed.) On enquiry, the teller stated that he was unable to say whether the credit was made on Monday afternoon or Tuesday morning; that nothing in the form of a deposit was received by him from Mr. Croswell; but that he was directed to give the credit on the cash book by the cashier ; the cashier thinks that there was seme mistake, land that this credit should not have been given; this credit being deducted, leaves Mr. Crogwell's account overdrawn upwards of $4000. In connection with this, it is proper to state the clrcumctunces under which the bank holds a bond and mortgage (held as collateral) giTen by Mr. Croswell on his bouie and lot in KIk street. The bond and mortgage is dated August 1, 1842, and is given for $6,600. and was found by your agents not recorded ; the explanation given is, that at the time it was drawn it was not considered of much importance. inasmuch as the property was already mortgaged for about its value. It cannot be expected, nor will it be pretended, that lliis report will be accurately correct, or to be renea on other than aa an approximation toward* what may hereafter be ascertained to be correct. The individual acting aa book-keeper for the laat two year*, has. from some rauFe, grossly neglected hia business, and consequently the books of the bank have been left in a mystified and confused condition. A great portion of the accounts have been incorrectly balanced ; entries to wrong accounts, credits entered on the debit side of the ledger, entries made on the cash book, from $100 to $'>00 short of the amount received, and blunders and errors of like kind on almost every page of the books. Thus It will be seen that it will reoulre a long time, with patient investigation, to bring the accounts to a position where they can be properly settled, and finally actuated. During the examination of the teller under oath before the Attorney General, the cashier was informed that during the afternoon of that day he would also be examined in relation to matters connected with the bank. Accordingly a notice was sent to his house with directions to appear that afternoon, at 3 o'clock, to which no teply was received, nor a reason given for his non-appearance. He was also notified to appear on the following Monday, but ha still neglected to appear, and was not examinrd. The necessity is to be rogretted that has thus compelled your agents in the investigation to communicate farts that may injure the feelings or wound the sensibilities of those connected with the persons alluded to, either by the ties of friendship or kindred: but they owe a duty to the innocent victims of rapacious speculation, to the fair reputation of the citv. and Its Institutions, which duty they have performed with a conscientious endeavor to merit the approbation of those w ho love truth nnd revere justice. Examination of John J.. Crete, Teller. Jiugutlut S. /fills, llook-keevtr. anil T If. Kuoicer, Otntral Clerk. Jrn litb. 1848. John L. Csrw? </i rjir.ioir. Were you the teller of the ITesident. Directors, nnd Company, of the Canal Bank of Albany, commonly called the Canal Ilsnk, on and prior to the 11th day of July instant, and how long had you been turh teller ' I Asiwr.n. I was the teller on the 11th of July instant. How long I cannot tell, without reference to the boolta. I think 1 had been Mich teller about three years. Q. Have you any knowledge of the removal or transfer. or change of possession of any notes, bonds, bills, or any other kind of evidences of Indebtedness to said hank, or of any money drafts, or hank btlls, being removed from said bank, at any time within a week liefore the said 11th day of July ' A. Yes, I hare, <i Stato what securities, moneys, or bank notes, hare been within thnt time removed or transferred, and open to the books, or other evidence kept in writing in the course of the business of the bank, showing the rime. A. 1 refer to the book receipts, ea'h hook No. .I'd. Canal Dank, from date of :;j of July. 1841. On that day. I should have on hand, aeeording to the book, $lHl,ii72 2.">. The left hand column of the teller's exchange berk. UDdernnd after the r. at a of July 3d,shows the tranracllon of the exchange with the different banks in this city and Troy; it shows that truly, uninti ntionaland unknown errors excepted. The entries ( n the right hand column are the Items which were received ol other banks, as farms I know. I ain able to say it rontalm a true account of all that warn received fn m other hanks Thrr" were other moneys out of the bank dtitil'( that time. In |?) ment of clirrks drawn j hj persons Laving deporltes In the bank Thesa t .sninr 1 ti?r..'in' f " "* ' ' ' Mm " . WTO EDITION?NEW YOR] checks are charged on the debtor cash book, marked disembursements, cash book Na. 32. ( anal Bank. The entries under and after July 3d, on that book, show all the checks and Touchers for all moneys which were disbursed and paid out, or parted with, during that time, to my personal knowledge. It Have you any reason to believe that any moneys or bank bills, or other evidences of debt, or property of any description, was paid out or transferred, or in any way removed from the bank within that time, except those already stated by you? A No sir' not to mv best recollections. I was in the Lank all the time during the usual business hours, from (he 3d to the 11th of July. ti. Were you in the bank on the 10th of July' A Yen; I "was here in the morning, and until 0 o'cloo't in the evening. 1 did not do any thing in theerening. U Who else vras in the bank that evening after business ? A. All the clerks about, to wit : Mr. Hills, Mr. Jenkins. i recollect no other clerks. The cashier and Mr. Know or. a clerk, and a Mr. William McPherson, the errand boy. were also in There were other persons in ; could not remember who ; not any of them positively. Q. Were there any of the officers or direotors, or stockholders or depositors of the bank in the bank alter bank bourson tlmt afternoon or evening ? A. 1 cculd not specify how many persons there were. 14. Who, according to your best information or recollection ? A. I think Mr. Kdwin Croswoll and Mr. Thaddaus Joy may have been in ; as for anybody else. I have no sort of recollection of anybody. *4- About what time do you think that you saw Croswell or Joy in ' A. 1 could not say. Q. Were either Croswoll or Joy in after dark ' A. Not to my knowledge. <4 Were either of them in after 4 o'clock in the afternoon ? A. Not to my knowledge. 44. What is your best impression or information whether they or either of them were in after 4 o'clock' A. I have no impression or information about It. t4. Where was Joy or Croswell when In the hank that afternoon after banking hours, or in the evening! A. In the carrier's room, the office, I presume ; tn? cashier was with them, nobody elite to my knowledge. Q. What were they doing in the cashier's room or office ? A. I don't know. Q. Have you no knowledge or information, direct or indirect, what tbey were doing there ? A. Not any. (4. What time did they leave that place last, as near as you can now recollect or judge ? A. I have no impression of it whatever. H. What part of the hank were you in at that time ? A. At mw counter in the room, it. Did you go out of the bank leaving them in. or did they go out of the hank leaving you in ? A. 1 think it was before dark I last knew of their being in the cashier's room, or in the bank any where. ti. What were you doing at your counter at that time ? A. Figuring, to balance my cash. It was after past 1 o'clock. 1 think I can't recollect or give any account of the time of day. I quit my desk at that time when trying to balance my cash. Q Who was in the bank last that evening, that you recollect beside jourself? A. Mr. Jenkins. Q. What time did Mr Jenkins leave the bank that evening ? A. At about nine o'clock. fcf. Were the candles or lamps lighted ? A. The gas was burning. <i. What was Mr. Jenkins about up to the time he left ? A. Did not seem to be doing anything. Mr. Jenkins and myself had went out about 8 o'clock to supper, and returned about a quarter to nine. Q. Was anybody in besides Jenkins when you retired ? A. Mr. Hill ; nobody else. Q. Have you no knowledge or information about whet was done in the bank after bank hours that afternoon or evening, except what you have stated T A. 1 have not any. Q. Was it a usual occurrence for the clerk or officers or others connected with the bank, to be In the bank j after the bank hours, as late as nine o'clock ? A. When there was work to be done it was usual? not usual lately. Q. Was there work to be done on the evening of the 10th of July, that called them here to your knowledge ? A. Yes. t?. What was it ? A. The balancing <f the books for the day, making remittances for New York, forwarding packages to our western correspondents, western banks, and our miscellaneous business?I can't specify all now ; that was the principal, I suppose. t^. Did the business se transacted that afternoon and evening, according to the usual course of business, require the presence of the cashier and Mr. Croswell and Joy ? A. No sir. U. Did you know what they were in the bank for ? A. No, sir. Q. Had there been any of the clerks or officers, or Eersons connected with the bank, in the bank after ank hours during or previous to the 10th of July ? A. Yes. Q. Was there any one there on the evening of the Oth ? A. Not to my knowledge?that was Sunday evening, it. Was there any one there on the evening of the 8th? A. I was there on the 8th ? H. Do you know who else was there ' A. No distinct recollection. The cashiers. Mr. Hill, , Mr. Jenkins, and myself; none of the directors to my knowledge. I know of no business that was transacted that evening, or anything that was done in the bank. There was nobody in after dark on the evening of the 8th, to my knowledge. U.. Had you at any time previovs to the said 11th day I of July, any knowledge or information of any of the I riirprtnr* heinv in the hank after banking hours ? j A. Not to my knowledge. <4. Who ere the director# ? A. John Keyes 1'aige, president, Win. J. Fryer, Tfcaddeus Joy, S. W. Iloag, Klisba N. Pratt. Archd. MrClure. Henry T. Meesick, Kdward Artcher, Theodore Oleott, cashier. Shulah Cady, Robert C. Russell, D H. Ford, Charles Van Benshuysen, Cyrus llawley, Kdwin Croswell. July 14?after dinner. (4. When was you absent from the bank, and when did you return in the month of July ? A. 1 was absent from the mornttig of June 21. until the morning of July 30. Monday T was in the bank. It was my impression all day. (4. Was you familiar with the cash transactions, in relation to your cash accounts from the time you came home until the 14th of July 7 A. To the best of my recollection I was. Q. On the morning of the 11th, when you came into the bank, wore Thaddeus Joy and Walter Joy In the bank 7?do you recollect that ? A. i do not. Q. Do you recollect that they were in the bank that morning 7 A. I do not recollect positively. I am not positive. <4. Do you recollect of their standing at the end of the counter in the bank when you came by with tho money drawer or papers, to bring it into the cashier's room ? A. I do not distinctly remember. Q. Do you say positively that you have no recollection of Thaddeus Joy and Walter Joy being in the bank that morning 7 A. To the best of my recollection I do not know that they were. ti. Do you recollect Walter Joy's receiving any packages of money from the Tth to the 11th of July' A. I do not. to the best of my recollection. Q. Is that your memorandum of entries of cash, and is that your cash book .' (quarto bound, sheep* skin.) A. It is, and I acknowledge that it is my writing. The star refers to an excess of ca?b of $10,000 ; there was a mistake of $10,000 in the footing. (4. Have you been in the habit, since you were teller in the bauk, of receiving sums of money of parsons forgetting notes discounted A. To the best of my knowledge 1 never did. t4. Have you ever received money from individuals who bad notes they wanted discounted, for getting them discounted,.while you were teller of the bank* A. I'es I have." I have sometimes discounted notes myself, nt a little over the interest, of my own money. To the best of my recollection it Is at least a year since I received a lee In that way. <4. At what rate did you discount ' A. I have no remembrance of any particular rate of interest. (4. Did vou ever discount a note in that way after the bank had declined discounting it? A. To the best of my recollection I never did. (4. You ray you have received a premium for discounting Where was the money obtained which you gave for them' A. It was either my own or that of my friends. (4. Did you never have funds of the Canal bank for the purpose of discounting notes for which you had obtained a premium? A. Not to the best of iny recollection. 44- Have you never taken money from the drawer of the bank and discounted paper and loaned It to Individuals? A. I have loaned Individuals money, sometimes on checks; the money was the money of the Canal bank. <4. 1 want to know whether you have ever taken money belonging to tke bank from the bank drawer, and loaned it to Individuals, andrecelved thepremlum yourself, deposited your own check or vour father's check in the drawer'in substitution of the money so taken cut.' A. Not to t". v beet of my recollection. <4. Are you not now Indebted to the bank for money obtained by lou for yourself and for your father, acting as his attorney; and If so. about how much? A. I aui ludi bled to the hank for money obtained by uie for myself, but am not indebted to the ban', for u oney obtained for my father, not aa I understand It. t4. Have you a power of atti rney to use yourfatber's name? A 1 es, or the cashier ha* it. which is the same thing. I suppose It is in the bank. 14 Have you ever ta'.en any money from the bank, s 11 j ubMituUd fot that money fvor father's chech? A lluvr.

[ O IV rr rcV I . I t > V t' ' 'I Lf , ? ...r -< > I V it i, L . iRK I K, MONDAY, AUGUST H. Mr. White presents him cheek for $4.2S0. dated July 1. 1S4P, and asked Did yoo aire your lather the money, or what wm equivalent to the money, and substitute this cheek for it as cash ' A. The check is u renewal of an old chock for a similar amount, which has been In the drawer for about a year. I don't know what was Riven for that old check It was tho money, or its equivalent, the property of the bank. Q. liadjMBLpower, and from whom, to make substitution ? A. 1 had'M*h power from the Cashier ; he sanctioned it; he told me 1 might de it. H. I want to know where the account is of tho interest received for thin money, if the bauk ever received any interest from it ? A. The bank ha* received intercut, the account on a hook that ie in the vaults called a hook of incidental expenses. Witnen produces a small octavo, bound in 1 russet sheipa rain, and says there is the book on ' which the receipt* of Interest were entered. There are sums of money eutered as received, but nothing j said about items. This book comes down to August. ' 1^47 Another similar one is produced, commencing 1 July 11. 1848. lie rays there was one book which he cotinotflnd. The last I raw that book I placed it 1 in the cupboard. The key is always in the cupboard. ; Mr. McMullen says the cupboard has been barricaded | with books ever since the 11th. and haa uot been opened. Q. What was the amount cf the balanee of inci- i dental expenses ou the book up to the 1st March lust. , and when was it charged to prolit and loss ' A About $Sf>6TJ 08, and it was charged to profit and loss July 10. 1848. (4 lias the balance on the last book accrued sinoo last .March ' A. The balance charged to profit and loss 1st Match,of f .16 612 08, the items are not charged on any book, except tbnt which is lost. W Did you ever discount notes for William Mon- i tenth, at different times, and receive ajprcwium of $5 ] In S.10 A. No, f-ir. 1 never did to the beat of my recollection. (4. Did you ever discount notes for him ? A. Not to the best of my recollection. (4. How is a check signed l>y J. L. Crew, yourself, for $7 'SIP. dated Januury 1st, 184*. the January erased and July inserted, with the sand vet on the July'? j Kxplaln what was given for thut check, and I want to know why it was changed front January to July, and when ' A. 1 could not specify for what it was given. The value war given either in money orsonte indebtedness I had at the bank, it was altered from January to July, for renewal and to save writing a new check. Wheu it was done 1 don't know tj. When was the interest paid, or did you not pay interest ? A. 1 can't tell where the interest was entered, or whether it was entered. <i. Then there was none > A. I do not know, i presume the interest was paid. Q. There is a check of George Jones, dated the 15th , of August, 1818, for *500, payable to J. L. Crew. What | was that for ? A For renewal of an old check My fating had the . money of the Canal Bank for this *500 check, for which the Cunal Bank held this check of George Jones, which j my father is to pay. I think the transaction was sanctioned by the Cashier. I think he was aware of it. and i did not object to it. (4. There are two checks ; one signed by J. L. Crew, for *1510, dated 1st Dec. 1848 ; another signed J. L. ' Crew, for *525. dated July 7th, 1848. What was given , tor thofe checks f A. My father received through me the $1500. for | which I deposited those checks ; and I received the I other.and deposited my own chock in the samo wuy. | t}. Here is note drawn by A. Newbury for $100, da- | ted l'Jth June, 1848. payable in 45 days, endorsed by J. j L. Crew. Was that note discounted by you? a. I dm nore, wun i minx me miereBi, y>io;> ui, was j received for payment on the 19th of June, of J. 'a j note for $255 07, payable on the 20th day of June. I 1 received nothing for it I discounted this note for that | purpose. I don't think the cashier knew of this. All | my checks In the bank are for monies. I took and de- j posited checks in lieu. I am ready to pay all I owe the j bank, and pay father's also. The bank is indebted to me sufficient to pay all I owe. They owe me on checks j and olaims I have against them. Did you yesterday go to a number of the custom- j ers of the bank, and say to them that you would purehase their demands against the ( anal Bank, as you 1 wanted to make it an offtiet to a demand the bank had j against you, and. if you succeeded, then you would i pay tbem for the amount so assigned? A. 1 went to them, and desired to purchase their ' claims against the Canal Bank, for the purpose of an offset against my debt due by me to the Canal Bank, aud without any promise of any further remuneration, q. Did you buy any A. I have. From Washburn f>3.000 gave only $1 04 do. 5,000 " 1 00 do. 1,191 " 1 00 Wm. Monteath, the balance about 320 " 1 00 George Jones, balance 8, 10 or 1.200 " 1 00 Wilber fc Selkirk 700 " 100 Adam Aldrich, about 3.700 " 1 00 S. M. Parke 527 P3 " 1 00 W. H Bogart 400 " 1 00 I Van Heusen Charles Sc Co., cheek on Canal Bank 040 04 1 00 Canal Bank check given same for (6,000, I'epooa, Hoffman & Co. John A. Sickles 124 " 1 00 M. Sohuater 375 38 " 1 00 Joseph Krich fc Co 375 00 1 00 Daniel Cole 400 00 " 1 00 1 took assignments of these demands yesterday and to-day. Q. Is the Canal Bank insolvent ? A. I do not know Q. From what you know of its concerns, do you believe It to be solvent or insolvent ? A I should think the hank was solvent, to the beat of my knowledge. Q. I)o you think it has available assets sufficient to pay all its debts, including the depositee and the stock originally paid in and the bills in circulation ? A. No ; but I believe it is able to pay its depositee and circulation. I do not know the amount of depositee: the circulation was stated yesterday at $1?0,000. y. Did you know as much about the bank affairs, as : to its solvency,,yesterday, as you do to-day! A. In making my estimate, I count the amount due from Pag?, Croswell, Joy and my father to be good. Mr. Whits neks? y. 1 have three checks here, one of James Van Arnam for $700, payable to the order of John T. Crew, on the first of Ootobor, 1848 ; one check of $1000, drawn by Ira Harris, payable January, 1840 : one check $000, M.S. Wadley b Co., dated July 1st, 1848. Did you count them as money ? A. 1 did. They are the same as the George Jones check, they are for money loaned to my father. y. What amount of checks bad you in your drawer of the bank, similar to those last mentioned, that is taken for money loaned out to individuals who deposited them ? A. I should think $C0 or $70,000. y. What amount of said checks were taken by you in that wny, as cash, without the knowledge of the Board of Directors, except the Cashier. A They ware all so taken. 1 don't know that the Board of Directors knew of it. y. Did the Board of Directors, while you were in the bank, make It a practice to examine the affairs of the : bank, previous to declaring their semi-annual dlvl{ dend ' A. They did not. They did make a few such examinations since I have been in the bank, which is thirteen years; don't think they have made one within two or three years past. Being asked by Mr. White, he says, there was a packof $8000 of the Canal Bank bills, sent to some one on the Krie Itailroad; that was within ten days of the pre| sent time. The package was delivered to Mr. Marlett, a contractor on the Erie Railroad. I believe. for which I received hi* check, which check I* charged to him on the ledger. That must have been on the 5th of July. q. What credit had Marlett in the bank, that you ahould charge him $8000. A. The check was erroneously charged. He wa* to remit a draft, a* I understood, of the X. Y. and Erie Railroad Company. Thla money was given to Marlett by the direction of the Cashier. I paid Mr. riumb."t)f the New Yerk State Bank, on the morning of tho failure, in ( anal Hank bills, about $5,1100 altogether, by the direction of the Cashier. On tne afternoon of the 10th of July, the circulation wae $172 .00, at about 3 o'clock; and after 3 o'clock. I think I paid the Mechanics' 8t Farmers' Bank about $1,000. the whole then in circulation was about $170.000 or $180,000. Issued, registered and unregistered $208 078 00 Handed over to White k McMullen 60,834 00 $180,103 00 rirrii'.ation on Monday afternoon .$172 000 Plumb.... 5,300 Mechanics' Bank 1,091 $170,201 Not accounted for $0,844 But witness eaya he sent a package of $8,000 to Pepocn. Hotlman k Co , about the 14th or l.Hh of June, which was not charged to them till the 10th of July ; he was directed so to do by the cashier. \t i.tstvsS. lliii.?I have been bookkeeper of the bank three years the 8th day of May last ; I was in the bank last Monday evening. 10th July inat.; I left about ten o'cloci. : Jenkins, the clerk. and < rew, the teller, were also in the bank; left about the same time, previously. in tbe evening : at eight or nine o'clock. Jenkins and C rew went out to get something to eat ; were gone twenty or thirty minutes, I should think, 1 don t know whether he (Crew) carried out any papers, hills, rr books ; he was busy at my books when he went out; bar1, towards him . Edwin Croawell, I believe, was in the bank that night ; don't know whether Joy was or not; Theodore Oleott was . I think I saw nobodv in afI. r dark, but K. Croswall,Theodore Oleott.andThos. IV Oleott ; there wi re several In and out in the afternoon. filler bank hours ; I believe principally customers ; T. W. Oleott and E. Croawell were also In In the hflernoon, after bank hours; T. W. Oleott and E. ( roswell left the bank at about half-past nine ; the two oleotta and E. Croawell all went out together; 1 lad bain directed, in the afternoon to inspect a poll list, preparatory to the election next hv wblls the three Individual*, Theodore and | \y aw i ' w - in . tb.a I ' ;o- n <n ; ' * nt I 'ore O'e-.r* can.* i ' > ' i , i; i"i vt-l IER A 14, 1848. if I bad the poll lint ready ; in tlie even?ng affor tbey came in, Theo Olcott came in out of the baok room and asked ine to mahe out what wax the W.lnncu of the discounted bills, us the books showed I prepared it. and :i? the three went out together f t?hl Theodore Olcott I had it ready ; lie looked at it, no,Med his head and said never mind now, I will be Imckagaln He did not come back that night, that I saw After the Olcott* and Croiwall went out. I went out to get k mething to eat, leaving Jenkins, the clerk, and Crew, the teller, in the bank; I wa* gone I suppose anout nan .111 nour ; ana ni 1 reiurne.i. jenmns ana Crew were at work cloning the hank; wo wont away. I de not know that any thing watt removed from the bank that night or Tuesday morning, or at any time previous to tiin 11th The notes and hills received were not booked, no that if they had been taken out I should hare known it. Q. IVbat amount of deposits were credited on Mond y,as appears by the books ' A. Thirty Are thousand, three hundred ami twenty-one dollars ami fifty-seven rents. I was sent foron 1 uenday morning before 7 o'clock, and told that there wan a good deal to do. The teller made a good many entries on Tuesday morning In the cash receipt hook. They are entered on the last six pages; says that K. Croswell was credited to the lltll inct $2fi,000 In the teller's receipt rath book ; but does not know what it was for, or whi ther it was cash, notes, or stock. Has seen llift nnoK marked ' lneldental expenses; li? ; made the charge to profit and logs of $36,000 ; wan told to do it by the teller or cashier ; hue never charged I anything to profit and loss except salaries and divi- I dends. during the time that he waa In the hunk, which was more thnn three years, excepting some small items I'.H.Ksowra.?Was general clerk; had charge of [ Western money; counted and assorted the same, also 1 counted and assorted Canal Dank hills; was in the bank on Monday morning July 10, at 8 o'clock, and 1 remained until (11, o'clock. Who was in the bank when you oame in ? A. Think JeDkirs and the cashier were all ; had charge of the cash account from the Hist June until about the 1st July, during which time the teller was out of town. Took it for grunted that the " Cash Items'' in tclhr's draw was correct, and made up his account frcni the endorse incuts on the wrapper. Mr. Hill assisted him, and made most of the entries on the cash bosk ; does not know of any money being on hand on Monday evening or Tuesday morning, belonging to the bp.nk, except it might lie a small amount which was on tb-? counter ; supposed that a package made up on Monday afternoon was for Pepoon, Hoffman & Ten Broeck ; supposed it to be New York or Kastern funds ; was never in the habit of sending their own bills to Tepoon, HtfTman Is Co. 11. Would you he likely to know if Canal Bank money was sent to New York at any time to pay exchanges ? A. Think he would, and has no knowledge that it ever lias been done. <1. Did you ever know Crew to discount notes on his own responsibility ? A. He did not. July 10 ?At our request, the Attorney General sent a note to tlio cashier, Theodore Olcott, requesting him to appear before us at 3 o'clock, to be exumined, touching the aflairs of tho Canal Bank, but he did not come ; aDd on Monday, the 10th, we sent another note (with a like request) to his house, and to suoh other places as we euppuseu no ui'iiui ue iuuiiu, uuu, aiwt uhib'-ui Fearch of several hours, we were unable to find htm. July 17.?Augustus Jenkins, brother-in-law to Cashier Olcott. and discount clerk, positively refused to be examined. ANDREW WHITE, THOS. McMI'LLEN. Special Agents. Interesting Fashionable Intelligence FROM SARATOGA SPRINGS. THE GRAND FANCY DRESS BALL The Descriptions of the Affair. Ac., Ac., Ac. For reveral weeks past the fashionable world at the" North, has been industriously employed in preparation for the first grand a flair of the sea* son, the Fancy Dress Ball which was announced to come off at Saratoga on the 11th inst. For a long time previous to that date, all the apartments in the principal hotels were engaged, and hun* dreds of applicants wore unable to procure rooms at any price, but were obliged to put up with a seat at table, and to sleep in the cottages?soma of them far distant from the hotels. No loss than nine hundred persons dined at the United States for several days previous, and Congress Hall, as well as numerous other public houses, was filled to overflowing; and a the crowds of visitors jostled by each other, their passing remarks were devoted to the all absorbing topic of the approaching festivities. Those who had been at the Springs for some time, were impatient for the arrival of the costumers and coijf'etirt, who at length arrived, and announced themselves in readiness to receive orders. J. G. Taylor, of Prince street, and J. Dejonge. the costumers, opened their rooms and displayed their goodfl.wliilc Mes-rs. Barker, Dibbles and I'aul, of Broadway, announced themselves in readiness to curl, powder. and arrange ladies' heads to the satisfaction of their fair customers. And now the work of preparation commenced in earnest. Servants were despatched from all quarters, and insisted upon their mistress's orders being attended to immediately. The stores of Mr. Uilbert' and Madame Sazot, dealers in embroideries and nouveautit, and of Madame Kerrcro, were thronged with purchasers of fineries and nio-nacks in their line of trade. At the rooms of Mr. Taylor the usua' scenes were enacted. By no means the least interesting par* of these fancy balls is that which is to be seen in the costume rooms. Imagine a suite of apartments in which are dirplayed, upon shelves and in trunks, the wearing apparel ot the people of all nations, from the j Esquimaux to the Tatagonian, and from the Hussian to the Hottentot. With all this display presented to the eye at once, it is most difficult for the uninitiated | to please themselves, while the old stagers, grown fastidious by long experience, are as difficult to suit as the novices; so that chaos is exemplified during the hours of selecting attire. The following may answer as a specimen of life in the fancy dress wardrobe. In one corner is a customer sons culnlle, in preparation to try on a pair of tights; at his elbow is another put- 1 ting on a hump for Itichard 111 . while a cowled monk, I and a half dressed clown, are discussing the merits cf their respective disguises. In the centre of the room is a thinese mandarin, backed by a jockey and a cavaliir; a brigand and a quaker are passing jokes in anotht r corner, and SbylockandSam Slick are banter- 1 ing each other at a counter near by ; Romeo and Neptune are putting on their clothes before the glass, while sailors and Clypsies, Greeks add grandees, are prome- | nading'.he apartments in half-dress. Meantime, the ct nversation is as contnsed as the costumes are hete- I rogeneous. 1 he feverish excitement of the different characters is in perfect contrast to the even temper of the man of dresses, who threads his way among his j patron* with a* much unconcern as n grocer in the city ntakts hi* way amonn hi* stock of sugar barrel* an I tea chests. At an early hour on Thursday. Mr. Mai vin commenced the work of decorating the grounds aa<l hall room at the Inited States Hotel ; and his men were actively engaged until a latohour on Friday. when their handiwork attested the skill with w bich it had been performed. Thousands of lamps, of all color*, were suspended from the trees in the enclosure*, and presented an appearance of enchantment even in the day time. In addition to the lamps, there were to be seen, pendant from the trees and pia? beautiful little Hag*, handsomely devised, and cutout of colored tissue paper. The large dininghail was converted into a ball-room for the occasion, and. consequently, the tea tables were laid in the open air. under the shade of the trees within the enclosure of the establishment. The ball-room was handsomely ornamented with evergreens and devices of various kinds, calculated to render it a fit theatre for the festivities of the occasion Hundreds of lamps were suspended from the sides of the room, and from the ceiling above, and seemed to change night into brilliant day. At one end of the room ws* built an orchestra, occupied by Schneider's bald, who performtheir part ably In the evening, previous to the commencement of tho dancing, a pyrotech nlc display took ?u- lnili.r,.>r ni ihv I>*11 room. aod lent beauty to the scone already beautiful . The rules ^and regulations which were Intended to govern the participant* at the ball were promulgated , some days before it came off, by the following mantger* : Governor Young, New Vork, Gen. Cooper. Ail-any, Colonel Pcikin-. Boston, Judge Martin, Maryland, Hon. Win S. Archer, Ve.. Jawea Worrell. Phila-itli hia, Col. Janice Monroe, New Vork, Gen. O'Donuell, Baltimore, Henry A Coit, do, Hon. IVm. 8. Miller. N r rS, I>?\ id Graham, do. Capt, 0. Bulla*. I". 9. Navy. Francis I.. Wnddell, do, Gem*-- I'litt, Philadelphia, Hon. Liander Stair, do, J.C. Brow n. Rhode Inland. I*. Bedford, do, Gcorjre N. Miller New Vork, James Hroi-k", do, Samuel Steven.'. Ai an v. Jotcrh Bridjrliain, do, I?T. Clcndinen, New f?rl anj, Stei-hcn C M till am*, do, J. E. Ward, Savannah, L. K. Marahall. Mi-ossirpi, E. Cnrrinrt >n, Provi'letco. Joseph Alaii n, 8. Carolina, Hon. N. Billing*. Ne? London, Henry 1'. Duncan, Mississippi, lion. C. L Livingston. N. Vork, J. 8. Randall, Philadelphia, Lambert Qitttng*. llaltlmmv, F.len Dean, Mn'Saclnsett*. John W. I enis/Charleston, llairy Mrtall, jr., Philadelphia, J. W. Stsele. Baltimore, I'. II. I'pton, New Turk, .1 R. Thomeon, Now Jersey, Dr. Dunrsn. Mississippi, Ilon|Dudl y Seldon, New York 8. M., Kev.bea Wither*.do. The following gentlemen were appointed to hare exclusive charge of the ball, acting director', and to wear scarlet badges :? Joseph Alston, 9. Carolina. E'-n Dean. Massachusetts, llairy Mct'alj, Philadelphia Henry A Coit. New York, Dr. lb Ifoid, New Vork, Geo. V Miller. do. Gen. Cooper, AI'nwy. I ander Starr, do, Tlar id Graham, New Vork, Jame? Brooks. do. " ' 11 n n " 1' " fit?* '"o c'othe I with power to i1 a i .-. ,-r i I i '' tl ;r li \i in her an I a!*o ! - y.,- !?1 Ii r? "I'st'-ip?. Tb- illo'vij LD. TWO CENTS. rtlss for tho government of the lull were then adopted i? lft. Ticket# of admission for n gentleman, with or without Isdie.i. five dollars, to bo procured upon application to one jf the director* 'Jd !S'o person ."hell be admitted without costume, except heads of families entering with their children or war do in costume. or gentlemen upon the payment o! ten dollars. 3d V;i hs of every description exclndp l 4th l adies and gentlemen fire particularly requested to name their eoetump# to the director front whom tliey obtain their tiekets 5th. The manners will be designated by a blu? badge. 8th. f^nfi it a ud Jancin r to commence at 0 o'clock Supper at I'd 7th. The Ladles .re respectfully requested to a*leinb'e in the droning room ut ?>;, o'clock, precisely The floor committee were (ten. Cooper Dr Bedford, Harry McCall and George N. Miller. All things having been Anally arranged, the doors and gates around the premises were closed at an early hour, and strict orders given to the sentinels and doorkeepers to admit no person to the limas or ground* unless provided with a ticket of admission At 'J o'clock, the hour announc"d for the entree, the band struck up a march and tho-eof the company who had completed their toilet entered the rooui.and began the agreealde buMiiee ' of the evening At 10 o'clock near1.. ..II * I... -I V? I ? ' J nil mil gumviim-in 111 Bill' llll-ll ra ) |J>'f?I .1II C t'. UUU I TO 111 that time till midnight tliu scene of splendor and gaiety was such ua has been rarely, if ever, -quailed in this country hlegant plumes nodded, brilliant gems sparkled, and gay colored dresses and habits were anon Hitting about, in a |>erfect revelry of beauty. Knots of braux were standing here and there, discussing the olainiH of their respective favorites to the title of hrllr of the room. The question was in no instance determined; and consequently there were some scores of belies. This was. perhaps, after all, the best arrangement. as there was no room for jealousies and heartburnings. The order of the evening was as follows ? 1. (tuadrille.- 8. I'olka. 2. Quadrille. it. Quadrille 3. I'olka 10 Waltz. x 4. Quadrille 11. Quadrille 5. Waltz. 12. I'olka. <1. Quadrille. 13. Quadrille 7. Quadrille 14 Waltz. During the dancing, the sides and upper end of the ball room were occupied by numerous spectators, who enjoyed themselves, aud added to the life and joyousness of the occasion by spirited conversation. Noth ing occurred to mar the hatmony of the evening, and not one dissatisfied guest was observed. All gave thein selves up to pleasure and the entertainment of each other The following were among the costumes in the room. We give the names in alphabetical order, so as to prevent the idea of favor being shown to those whose names appear first on the lists : ? l.AUItS IN COSTI MK. .Mrs. Dr. Iledford wore a splendid blue dress, ani a pink rtsille. Mrs. Burg'.yno. formerly Miss Barclay, of New York, assumed the character of I.una. The material of her drees was a rich silver lame. Over the skirt of lame was worn a skirt of Tulle, the poitrinc and shouders were covered with blue gauze. Her head was tastefully dressed. and on her forehead was placed a diamond crescent She carried in her bund a wand, which she waived with extreme irr .ne Miss Bcswell, of Kentucky, win* attired ana Bride Her drees was uiade of rich point luce, beautifully embroidered. Her friends claimed for her the title of ' Belle of the Uoom." Miss Burrough, of New York, was also dressed as a Bride, and her costume, though Tory plain, was much admired. Misn Bedlow. of New Vork, us a Brigand's Bride, presented a very lovely appearance. Miss Bedford, niece of Dr. Bedford, of New Vork, was dressed in a rich white costume. Head dressed with a long white veil ; in her hund she carried two beautiful b< (|ucts. Miss Chapman, of Louisiana, appeared in a rich Greek costume, which elicited much uduiiration. Miss Cogswell, of New Brunswick, was attired as a Servant Girl, whose tastefully arranged dress was as neat as accurate. She sustained her character admirably. Miss Colderstrand. of New Orleans, appeared in the costume of a Girl of Athens. It was very elegant Mrs Gen. Cooper, of Albany, wore a full dress of the pre.-eut day, composed of the richest materials. Miss Colt, of New York, was hidden beneath a blue domino. Miss Clifford personated Morning Her dress was white tulle, studded with golden stars. Mies M. Duncan, of Mississippi, performed the character cf Catarina. from the opera of ' Les Dlamants de la Couronne.'' Mies Davis, of Mississippi, wore a rich court dre's made of brocart. Miss Kverston, of Near Vork, appeared in a Spanish costume. Mrs. Kraser, of Saratoga, aud her young sister, dressed iu Polka costume, were much admired. Miss Fearing, of I'niversity place, New Vork, a very pretty little girl, appeared as Amina, from " La Somnambula.'1 Miss Amy Fearing, of the ?ame family, was dressed as a peasant girl. Miss Graham, of New York, sister to Mrs. S. Ward, were the costume of a Centadina di Cafodi Monte (Italy); her dress was composed of a red shirt, with a small apron, and her corsage adorned with ribbons. The costume was verv heeuminv Mrs. Uibbs. an a powdered .Marchioness. Miss L. Uibbs, of New York, personated a lady * maid of the time of Louie XV. It was admired m? new idea most ingeniously carried out, In front, as a bodice, she wore a mirror encircled in a wreath of roses, on both sides of which her veil seemed to hang like two gauze curtains. A chatelaine, hung with tiny brushes, diminutive combs, bottles of scent to match, small pin cushions. Microscopical baskets, flower*, tec., completed this truly original costume, which waa worn with all the grace and coquetry it required. Miss Uriffln was dressed In a I'ersian attire, very becoming to her delicate figure. Miss (iriswold, of Syracuse, in her costume of a Spanish lady, 'a bride of yesterday,'' composed of a red velvet body, and a straw satin shirt, was much admired. Iier charming countenance, and amiable looks, attracted many beaux around her. She wa* decidedly one of the belles of the room. Mrs. Iiavid (Jraham wore the simple dress of a French peasant woman, blue and or<inson. Miss Julia Hubbard, a very pretty young lady, though a little guinde, was dressed to great advantage. She personated, as she did at the ball at the Astor Place Opera House, last winter, one of the fairies, and. if not the t^ueen. she was one of them. Miss Josephine llubbard, her sister, the prettiest of ? tbo family, made a great impression among many admirers ; her expressive dark eyes were quite heooming to the costume of a " Dayadere it waa composed of a pink skirt and a black velvet spenoer. Miss Haight, of Waverly Tlace, N. Y., represented Morning. Her dress of white tulle, studded with golden stars, was very pretty. She wore a gold orescent on her forehead. Miss Hamilton, of New York, was dressed in a white robe, trimmed with pink gause. a Miss I.andon. of N. Y., was prettily covered with a charming rose domino, trimmed with embroideries. This costume was made by M'me Pagot, and throws great credit upon the maker. Miss fc. C. Jones, of Washington Place, N. Y., a lovely young child, live years old, was dressed a* a ' flower girl." The costume was as Dretty and fresh a* it* wearer The Misses Johnson, of Phlla., were present at the ball in a fancy drese of the present time. Miss Jackoon wore a very becoming ureek costume, blue and gold, Tory rich. Miss Kcrnochan appeared aa a Quakeress, and though the brothers and aiatera are not in favor of dancing, she performed her steps in a very gay style. Mrs. l,o Vert, of Mobile, a very piquant lady, whose wit and fine conversation were generally appreciated at the Springs, assumed the character of Haydec of the ballet " l.'Almeo," danced by t<ie Monpiaisir Imtipr. Her dreaa was made of surer lampas, splendidly embroidered, worn over white satin ; the corsage covered with an exquisite embroidery of silver rose-buds ; blue scarf encircling the waist, clasped with jewels; white and silver babouchet ; beautiful silver ancklets; a cap of silver net on one side of the head, on the other, a rose and a bud ; rich Jewels and armlets; diamonds on the bosom, and one delioate rose ; magnificent bouquet and oriental fan. This dress, which was made in New Vork, by the costumer of the Monplaislrs, was indeed very rich. Miss I.yno, of .Alabama, Swiss Peasant Girl, skirt Of red and blue -atin ; corsage of black, with white chemisette . cottage hat. Miss i.amb. a very mild and pretty lady, of Albion riaee, N. V.. adopted the costume of a (Ireek Slave, a very becoming dress for her lovely figure. The two Misses I.eary, of Hammond street, N V were remarked as very charming young ladies. Their toitettet Je bal were very becoming, and tastefully made. Miss Mol,ellan, of N. V. personated Aurora Mies Murphy, of Brooklyn, appeared in the costume of Lucia, of Honir.etti's celebrated opera of ' The Bride of I.ammermorr " Miss Maston wore a purple velvet spencer, with gold ornaments and blue satin skirt. Mies Moore, of Phi'adelnhla. though she did not dune*. was present. robed in angelic whiteness Her head wan adorned nith .1 plaid scarf, which wai juite becoming to hi r noble appearance. Mr*. Morgan, formerly Miss Selden, assisted to the bull, dressed tn (oiltlf' Je iotr(r. a dress of handsome pink (ilk. MlM McClelland, of Now llrunswfck,N. J. appeared in a charming 1 It hal of our epoch Mian Marvin. the pretty daugnter of the worthy landlord of the United States Hotel, * as dressed at a l-'Iower (itrl. It waa a very One personation. Misa Mallary, of Troy, appeared ae Flora Her drets, like those of the pre cnt day. was adorned with flow* trs, and very rich. Mis* Osborn wore the costume of F'aauy F.leilor, ia the " t'racorienno"?a red jacket, white (kirt, and red boot*, with spurs The costume was aa brilliant as her (lace pretty. Miss Mathilda rilford, as the Sun Vlste, illumined many hearts, and excited much admiration. Higa leek, of Albion Hare, as the Flower fHri Her white dresa tin tiimmed with flowers, and she carried In lier hands the most fragrant gifts of F lora. Miss Koto Randolph, a young Misa, ten years old, ot a very agreeable figure, wore a white dress, trimmed with tiboons. The three Misaes illcbard were present?one of thena a Scotch lassie, the other aa a ( of Home. 1 ' 'n a wVt? robe ?f a fancy style

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