New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-15
BROOKLYN SAVINGS BANKS.
RR0nKIYN SAYINGS BANK.

The Brooklyn Savings Bank at ulton ana Concofd
streets is closed. The following notice is posted in
front
the Banks the Trustees Of the Brooklyn Savings Bank have
concluded that duty to their depotor demand. that they
In this emergency they canuOt convert their 'ecue, into
without sacrificing the hsd b IN 9s i.f%
vested Bonds and Mortgages secured BY Real Estate worth
City Bonds Of undouped security bearing interest As soon
n w RI bd 1s drs noes win be
The surplus in this bank the LIST of July amounted
to 1909 49, The President stated that at the pres-
ent time the surplus is about the same, does not
vary $40 600, either more or less at any time. This
bark waiting to see what the other institutions will
Go. 1t will be open to-day for the purpose of giving
Information to such depositors may visit the insti-
tuition.
CENTRAL BANK SAVINGS DEPARTMENT.
This Central Savings fund has gone down with the
Central Bank, of which it was an important limb.
FARMERS AND CITIZENS BANK SAVINGS DEPART.
MENT.
The same as the Central.
SOUTH BROOKLYN SAVINGS INSTITUTION.
TIE South Brooklyn Savings Institution, at Atlantic
and Clinton Streets is closed for the present The
following notice lie posted on the door:
banks nj ofSe City Of New YORK and srcI Of
the South Brooklyn SAVINGS s Sas IN S1y 70
paying depoors In this emergency they cann9t convert
no Eel Al ber to make because their securities consist OF
real estate in tits city worth aouoe .n
loaned New York and Brooklyn City bonds and
Kings County bonds bearing interest No security more IN
questionable and therefore not dollar hs, been I ,n
will be resumed. .. r
This institution publishes the following statement OF
its affairs: -..
STATEMENT OF The South BRooxLYS SAVINGS INSTITUTION
October j, 1871
Bond. and moI,sse On Ropey N o sDs i tEsrs
Stool. Of the Cities Of and Brooklyn and %, s ~
King County and interest .......'.'''..' ioao o ~
Loans Stocks % 600 m
Real estate .;...'''''''''''''''''''''''' ssH ~
Cash on hand 80
r.,., slG7,l42 ~
Liabilities
THE WILLIAMSBURGh SAVINGS BANK.
There has been an almost constant run upon TINS
Bank for two weeks past and on Tuesday they pso
out more ipece than any prevoa day. but nos~'h'
standing this they opened the doors yesterday after
noon with larger amount Of specie in the vaults than
on apy previous day. AT the meeting OF the Directors
on Tuesday night, the following resolution was passed
Rred That expedient and for the best interest: Of nS
epo'tO, in a. Ssnf iS to require one months
notice payment on all drafts amounting 70 over n'
dollars
Before adiournipg the Directors learned Of the &C
ton OF tie Objects Vi tuc hoin D"N' ~
rpece payment and accordingly decided to pay depos
tors cu1ent bs should they prefer them to waiting
80 days.
At3 o'clock, the hour Of opening, there were about
fifty persons in waiting, and up to o'clock there was
TO D, ess. A majority of the deposors received bis'
while few gave the required months notice.
THE wILLIAMsBURGH CITY BANK.
The excitement in the vicinity Of this bank, caused
| by the suipen.on of specie payments of the New
York City banks was almost entirely allsyed. For
while in the morning the business was interrupted in
| consequence Of the bills having been exhausted the
evening previous. Mr.. Field, the cashier visited some
twenty banks in New York, and with one exception,
was unable to procure any bills on the best security
the banks being all in the same condition. After tue
returns of the Clearing House had been made business
went on az u.us. The amount Of deposits was about
equal to that withdrawn. Shortly after closing large
amount of bills was received for the operations OF 10
dsy. MI Field states that this bank has never been
on a frmer basis than at present, and there woud
not have been susp nson opecie pay but for the
action of the NewYork banks they have plenty OF
specie in their vaults TIE circulation Of this bank,
s stated amounts to $4,000. They are receiving on
deposit all the bills of NewYork and Brooklyn Banks,
except the East River Bowery, Grocers, and Manne'
| and the Central Of Brooklyn.