New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-23
THE SAVINGS BANKS UNFRAMED.


any apprehension TO sOlvency. All were seemingly
prepared for the worst, and were most agreeably
disappointed az the day passed on without
any invasion Of moment upon their cash
assets. IL anticipation OF a general run,
members the police force had been assigned to duty
the different savings banks. and most Of tem had an
easy task The German savings banks particularly
quiet president in instance Informing reporter
that his bank had money hand for any OF MS negh
bors who might pressed. At number OF the banks
rule requiring notice OF the withdrawal OF deposits
over stated sum was strictly enforced, the amount
varying, and IL is a somewhat singular fact that those
meeting all demands the only ones, with one or
two exceptions, upon which there any considerable
EAST RyEREsAvINGs BANK.
At the East River Savings Bank, Chambersst.
there variation in the usual business Of the day
President whitney stated that during the morning
number OF deposits had been withdrawn, and likewise
large number received, in neither TO such an ex-
tent as to excite comment He knew nothing Of the
tion taken by Of the savings banks officers on
Sunday evening, and could not agree with them that
any particular distinction at this time should be made In
the withdrawal OF deposits His bank was paying all
demands without regard to notice given.
EMIGRAST INDUSTRIAL SAVINGS BANK.
At the Emgrant Industrial Savings Bank consider
able amount of money Withdrawn during the day.
Soon after opening Of the bank large number Of
the depostors assembled and the line formed TO the
during the day. Controller David Ledwth stated that
they were meeting all demands without regard to
amount or notice. and apprehended difficulty in con-
tnung Indeed, the present run was not 80 ex
tensive had anticipated and had made pepara-
They led to believe that IL would be or
short duration The bank statement OF Jan. showed
an excess over liabilities OF ssOl29 26 The majority OF
those closing their accounts had comparatively small
deposits so that the amount paid out was not large
ATLANTIC SAVINGS BANK.
At the Atlantic Savings Bank, on Chatham-st, there
was no excltement still. precautionary move. tho
officers have adopted the plan OF requiring sixty days
notice in the withdrawal of all sums OF over 500
CITIZENS SAVINGS BANK.
The Citizens Savings Bank experienced something OF
a run during the earlier port Of she day. but before
closing this hal almost entirely subsidized They are
paying all demands under $1,000. requiring notices for
larger Those in the line early in the day were
mostly new depostors the older and heavier ones hav
ing perfect confdencei in the bank. President Qntard
remarked as an evidence of the class Withdrawing
their deposits. that probably not more THAN
SIS 900 had paid over the counter He was
satisfied that no extensive need be anticipated, out
was well prepared to meet all demands.
ORIENTAL SAVINGS BANK.
Everything was quiet usual at the Oriental
Savings Bank, on Grand-st. President Buckmaster
stated that many visited the bank during the day TO
make inquiries as 10 their deposits, and had departed
satisfied their securtymany perhaps, coming with
the intention of drawing and returning with only sncl
as they required for In such cases no advantage
was taken of the requiring notice OF such intention
As evncng general confidence in the institution tho
cashier stated that number OF new accounts had been
opened during the day. aud that no ineonsiderable
amount had been received on deposit
BowERY SAVINGS BANK.
Before the opening Of the Bowery savings Bank IL
was evident that TO be made, from the crowd
OF deposors that gathered around the doors The rus-
tees and decided TO all elamsifor the present.
believing that the run would not last long and not inter-
fere wththe regular business 1t was understood that
should t continue they should take advantage OF the
so DAYS notice. even then using their own discretion IN
the matter and paying larger claims to relieve suher-
ing or Throughout the day and evening
the steady run continued the number at no time greatly
crowding the they drew their deposits,
losing nearly three months interest by doing 80. 80
that they alone are and the bank l. IN no way
inconyeuienced. very great many before long were
convinced this fact returned to the bank and again
deposited their money, begging that their interest
might not be sacrificed An instance OF this
Kind was mentioned by the President. Early
in the morning a woman drew about $500, inc earning
Of many years Her anxiety to withdraw It was hardly
eauaed by her anxiety return little later, aud the
loss TO OF the SIS interest Affected her very much
The scene deferred many from following her example.
The President further stated that the majority OF The de-
posts drawn OF small amount aud that the smaller
the amount the more ANXIOUS tue owners eecu 10 Dt 10
get it, so that up o'clock in the afternoon not more
than S2OoCO had been paid out and in the same proper
tion during the afternoon and evening The bank Lai
more than 6oOoo depostors. He dd not anticipate any
extensive run.
NEw-AMsTERDAs SAVINGS BANK.
The New-Amsterdam Savings Bank has experienced
no run from its depostors. Yesterday was quiet day
at the bank though considerable deposits received
President Froh Elm stated that they fortunate
majority Of the banks IN having abundance %
small bills having sll6OO in the safe. They proposed
to help the neghborng banks far as they could and
had already done 30 10y furnishing one that morning
With $4,000 Ia bills on bond security.
MECHANICS AND TRADERS SAVINGS BANK.
AT the Mechanics aud Traders Savings Bank II
stated that some had been closed during tho
day, aud perhaps $4,000 drawn while the average de-
poss had been received There had been no run sui-
Client to excite comment
NETWORK SAVINGS BANK.
The New-York Savings Bank ON Bleeckerst was sur
rounded by al anxious crowd Of depostors from the
opening OF the doors In the mGrnlDg At o'clock the
doorswere closed the officers deeming there we're
many In the building as they could pay duriae
banking hours. Probably nearly 100 were then IN walt,
Ing. Little information could DO gained, further than
that considerable money had been Withdrawn and also
many deposits received. The officers anticipate 10
trouble In meeting all demands.
PEOPLES SAVINGS BANK.
At the Peoples Savings Bank the cashier stated that
one or two large demands had been made In wnic,
they had taken advantage OF rule requiring
In small amounts. 5000 $1,000 had been
drawn, and more than made up by deposits.
MANHATTAN SAVINGS BANK.
At the Manhattan Savings Bank long line OF de-
positors presented themselves In the morning
of drawing ont their money. but the bank readily met
ka.