The New York herald., 1873-09-25
THE SAVINGS BANKS.

The excitement at the savings banks has almost
entirely disappeared, and the usual confidence
seems to be restored. In many of these institutions
the confidence OF depostors in the soundness Of
them was apparent from the start, while IN Others
though only few, severe strain was felt, owing
TO the scare which became infectious. But even
in those banks upon which run" was made it
was chiefly from the smaller depositors that the
demands for settlement came, and in this way the
crowds at the banks were continuous as long as
doubts as to the sOlvency OF the institutions ex-
listed. From visit to the principal savings
banks in the city yesterday, it might be safely con-
cluded that all fears on the part OF depositors have
been allayed, and that the banks, except some un-
foreseen monetary disaster should arise, will con-
tlnue to work along without any special nquie-
tude. At no savings bank yesterday was there any
unusual crowding OF people, nor were the officials
worried by the inquiries OF perplexed depositors
who had had their fears excited by would be- wise
advisers. Business was transacted much in the
same way as has been usual and as a general thing
those VINO called at the banks business ex-
pressed themselves as entirely relieved from any
apprehensions OF danger.
HERALD reporter conversed with many OF the
bank Offcials yesterday as to the state of AFFAIRS
arising out OF the scare and as TO probable con-
tingencies while the crisis lasts in wall street. In
those banks which have taken advantage of the
legal right to demand notices the officials believed
"
ming, was not to pay unless under the notice plan
They said that 1t was unjust to depostors to con.
tnue to pay with such imam cial distress prevailing
Ia all branches Of banking interests in the CITY:
and, besides, the surest way to stop the alarms
that had been raised was to keep the peoples
money safe aud to prevent an excitement from
sezing them, which would assuredly impel
them to hurt themselves. In many instances
yesterday persons who had drawn their money
on Monday returned to the banks to redeposit 1t,
expressing regret at the same time that they
had drawn 1t at ALL In nearly a / the banks de.
posits were made OF the usual sums, though the
number OF depositors, perhaps was not as an
average up to the usual number. The bank officials
in general expressed themselves as confident that
far the savings institutions are concerned no
fears need be entertained that any fright among
depositors shall again occur. In those banks that
have continued to paw in full on demand the an
n0uncement to that e1ect was made with some
little feeling of elaton, and OF course the run"
they have been paying.
The banks which have paid in full all along, and
which paid yesterday, are as folows:-Ihe Green
wich Savings Bank, In Sixth avenue an old insti-
tuition the Equitable Savings Bank, Sixth avenue,
a small concern; the West Side Savings Bank,
Sixth avenue, q small concern; the German Savings
Bank, Fourth avenue and Fourteenth street. doing
o large business; the Broadway Savings Bank,
Broadway and Park Place. the Bleecker street
Savings Bank, Bleecker street; the Manhattan
Savings Bank Broadway and Bleecker street, and
the East River savings Bank, Chambers street.
near chatham. Those banks upon which the heavy
run was made on Monday have nearly oil avalled
themselves Of the thirty or sixty days notice,
and the result has been, OF course, that
their oficos no longer continue TO be thronged
with anxious pe0pe, AFRAID that all thN WQpoy WAa