The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-12-01

Total. ................. OF ISL ss
According to the above there was. when the
report was made IN, surplus OF s67 ,9i0Os. The
item Of suspense accounts" f39.l2707, repre-
senting money sunk In an Atlantic Mail in
vestment such as wrecked the Third Ave
nue. Bank, - practically valueless, and Is
said 10y the President To have en- wiped on
the books. the estimated value OF real estate
over cost Il another worthless item, and repre-
sents S@O9i2.jO OF the so-called surplus. Instead
Of bringing amount over its cost, ~ Is safe to
say thai the bank lot and building would not
bring the tl2d.646i1 they are i'd to have cost
BESIDES. $+65,g42.2S Of the money OF the deposi
tors appears to nave been paid out for bonds Of
states other than New York and worth In Janu-
ary last, according to the sworn bank statement,
S2dg,tN. II appears from the same statement
that the amount deposited during 1874 was t5E,-
65l. aud the amount Withdrawn kais,ssg5l. tnd-
eating rapid decrease Of deposits. he same
e. OF decrease continued through 1875 would
leave the bank VITA f2'J.0o0 less Of good money
or good investments than appeared In the last
report.
he run on the North River Banh continued
yesterday. Ihi~ bank holds no southern bonds
or other doubtful securities, and it, statement
OF last wear would ind cate ia ability to pay
dollar Tor dollar. Al noon Nestcrda, the NUM-
her - depo-tors waiting To- be paid was not
lafre. Remind the counter were stacks Of green.
backs that the teller 60 tntsd out IA randy "a
poss ible to depositors. sir. : afford, the vice.
President said thai the bank will continue 10
q v unii all are satisfied About SlOUu has
been paid out since Monday morning.
There was also run Yesterday on the Frank
I'm sayngs bank at Eighth avenue and Forty
10 xl6i51t' -. consisting o. United states be. ds
and oun0s OF cities, towns ana counties in this
state. S6}tol Of real estate, and "A large amount
q cas-. Tho general opinion among bank Of
ncias Is that the franklin IA sound institution.
The officials of the Peoples Bank have in
formed the Atturuey -Gcuetm that they 90 not
intend TO answer the order 20 show why a re-
Cetver should not Je appointed. The b INK will,
therefore. be placed without further deIav ia
the hands Il a receiver. he M course l. 60
he pursued with the bric (. mort lr. pant, and
u n that represents the deposits IN the Central
Park Bank.
The course to be pursued by the trustees OF
tho ttutual Benefit his NOT vet been determined.
IL Is b 'lt we'd that the trustees, some IT whom
are wealthy Will make good the deficiency.
The lorkvilie savings Bank has not vet been
visited bN the bank examiner. 1t has been al
owed to run for nearly two years with den-
cheney Of assets, although no steps have teen
taken to make that tlvnr lrutN good. An rNtmt-
nat. MADE 10y Mr. Georsc ". Reid. February
Is, l-.i sh owed the assets e. be S-d Is. NJ. ana
thr n lhilifes, s2i-.Ni21. being d'nri-ucV of
S4jnH In the estimate that Showed thi. deli
clcucN. SlOt1 Alabama aud hattauu. Ga kIil-
road nouds. on which no interest has been paid
for YEAR,. wore placed ~ $3.50
SMr David l.. swan. secretary 81 the 81 'irmont
sire [. told the SrN reporter that one Of the
tru> ee- had offered to nut down $1,000 go save
the institution. n necessary. Inc money was not
needle d, however, az the bank mad 5000 within
re Oh. lie had known for some weeks th4t
trouble was coming, and that receiver were to
he appointed for several banks, and lac hau pre-
pared for II. The bank was able L. nay doll n
for dollar. and the depositors, Of " ON there
are onlY 80, had entire confidence In u.