New-York tribune., 1875-11-27
THE NEW-YORK BANKS.
NO GENERAL ALARM AMONG DEP0SIroRS.
STATEMENTS OF sAvIEGs-BANK oIEICEIss - ONLY
SMALL INSTITUTIONS IN TEoUBLE-TEw DEPOSITS
wtTupRAwN

NO GENERAL AIAhM AMoNG IhrOSii'I"o'
| STATEMENTS OF sAvIEGs-BANK OFFICERS - ONLY
SMALL INSTITUTIONS IN TBoUBLE-TE" DEPOSITS
| WITHDRAWN
To ascertain what effect the recent an
nouncements that superintendent Ellis had declared
several savings banks this city 10 be uusOuDd together
with the seOsOue OF the position Of The Peoples savings
Bank had produced among other institutions oil ie hnd'
THBUNE reporters yesterday visited the various savings
banks and conversed with their officers IN regard 70 he
matter AT nearly all of the banks IT was stated ta' inc
troubles had been among weak banks which were De'ter
ont Of the WAY Thore were indications Of panic OF
any kind and depostors showed no disposition to run
ON the banka Al some places II remarked that IeV
persons had closed their accounts but yerJ Dte money
d been paid out In one or the officers inquired
with eager interest what was SAID at the o'hei D-"S
but all preferred personally 10 feel no anxiety
At The Irving Bank, at No. 90 Marrenst the oncefs
said that tney had paid out only about sl'3oo duI-
ing the day They did not think tiat any
largo amounts would be drawn at aIi
before next January. At the Seanans Bank ~ NO -
waist, the cashier stated that the suspensions anu
rmors of failures had produced no effect Whatever on
tina: bank No real failures had occurred some Oh
The weak banks had been unable to pay the
expenses of keeping open, as in the case OF
The Central Park Bank aud superintendent
Ellis had ordered them to close in order to insure de
plstors against any possible danger None OF the od
banks would he affected. and there were no Indications
A "'~'
without proper baekings, were involved.
Among tie banks where no deposits had been with
drawn and where no fear expressed we're the
Broadway At No Parkplace; the EmSrlnt, at NO ol
Chambers-si.; the Mutual Savings, In Iryon-FOW; the
ClirmOnt at No 247 Greeawic-s, and the East klNci
at No. Chanbers-st. Seymour A. Bnnce, secretary
of the Citizens Savings Bank, at No. % Bow
cry said that if had been known in banking circles
for six months that the Central Park anI Peoples Banks
were in weak condition lie thought no effect OF i'm
portanee would be produced the older Institutions
Money was plenty, and there never was better 'lhe
than the present 10 market stcullt,s' lhofo
mad been no departure from the ordinary amount OF
business done since the failures were announced
g. L. CocgcsIall of The Bowcry Bank which is situated
,t No 1870 Bowcry, declared that lie anticipated no
trouble This ban has Sl2,O0O,OOO IN Government
bonds He h0u sbt the present laws sufficient 10 close
any banks tbat unsound, ana CepiecAed the
course Of certain newspapers which aitehPieI
20 arouse suspicion among certain class OF people VINO
were easily heightened AMI mEnt be led to Wiihdia"
there deposits when tdere occasion sor alarm
He had Anticipated the failure of the Peoples BANK
Tho Oriental Bank at No 430 Crnd-st WAS stated to
DE In good condition AMI 10 have done only the Ordinary
amount of business. Tne deposits were small buregu-
lar There had been no indications 0f run aud When
there was any pressure any banks it was usuaiiy
telt carly al the Oriental LIS money was in
vested in Government bonds, NcwNork and
Brooklyn CITY bonds and hsl-class mortgages
An officer of the Skip, my bank at oadway and Astj-
place stated that that bans as vel rs an Others me
S.xpenny 4ad ~, 100000 depgs,t lie uioush
q at q bank with more tl"n 3uVUcO clu hot "a!
| expense. At the Bond Street Bank. az Bond-
| 81. and the bowcIy the ohcelIs sai' 'iiie "a,
he rec MT faurs had been caused by the uu"ls1 poey
a. tie Legislature in gran ing large number o chart -
! between oOl and 1870. la 1868 petition Wi' lle-
-n,ed 70 tnlt body stating that ihc savings pdh' IN
/ NeW-YorK suidcent la naiiner 20 surpS ah me
wants OF TIE population, and requesting th"t no more
charters should De granted IN se OF uis W u' ioi
/ loving SIX years 10 new cnartIs were Granted -
A. al Of the Following hhso sugel ehtlais ne amt @
s;a.cment wis made namely mar lh1 & liT'.s 'q %
Luced no general eject ana none was looked "r' II was
;noug4 however tnat tnG ne sp"13 i1i"' nIitS
ran" ia ee'tain quarters, DH ~ i'''ii''
tbs was Of d adv n'@5e LOSE No ,hc "On1 interest
which was due, cases since July ana ~ others
since October: ,rtrJrOiiiah at Ihrd"'o anu oc,tht
! 81 - Avcnle a C'orm@n, AZ Four.E-ayc and Four
/ teentH St; Eieyoptn Mafd, al No. IJI ANvAhe -
TIE officers OF tbe MdIDa tan savings Institution az
No 64i nrudway, had nothing 10 cominunr'ts 80 lne
public. Ihsr bank, tnCy said, was sale Inr oirets Oi
tle rIanlm savings Bank, AT No 6)' E'snti-1Ne s'iy
! t"' tt' r,e"f' oi,V .r,c.a, new gAey iorcsaw tnat
there might De trouble. ai took tlS timely pcau"h
cxaniu,d on Saturday Lst ~ the ban" examiners, wh'
officers stIie found eycy nln- sni sac.cil, lh1
Controller Of tHc hiecAcr ntitct G&N ms A''N ''
te reporter tnaJ nom the ouicar. a4 te puoIr cave
t.e utmost coincidence la Tins oin- lAc scru t'a u'e
Weu .Uvescd and available MIST % 'heT ueF"7io's 5
/ are domestic servants. . .,.-.
iusiihllou Is run WAN les. exp nat i auT o,ur DanA
I'M fr if, Il owns some ic5 estate, has socks 90 kidgs
I hOtAthlti, D~t, I,lt"h4! IT, anu
80 l s .lonti gucd iu lcm-lts Sei - ~, .id
/ nc lOti,l Lcluaiis aluUlAt go s-1 - "3
a. il,si,r,I OF Inc O4ecuW.ca SAVINGS Bank, az NO
zj s>ll-,c l iu.,t s iiluA i.zal.aers wcre iitS-
/ ,u., tier rounds and Lo lad received a. hUiiI-
/ a.. ION ult the, would Dc theIc m Ac" dA5s. lie
ti..Bl tueh t"-t thO.Ou-u examiners nt asa ftrh
I .lrlis 40 Sst4b CUlllc't.Ou wan tAe balm Nt'
/ Wtlao. Secretary Of tA0 EAtriSIpr Salh-s bahh'
/ at No. 37I S.Xlh-lNe., states That 10 Us
doing a close COus.f, alive buslnuss, anu Aas alMdyS
uI Whatever wac required Wttnuut previous roicr 49,
,l,,A,ai hV charter ouCDir J4a q 'iu" "n WIN 4
utlss woulu ds i.iu sod ritn0t ti4 utLclsit Laos
Az. lcceYlug as n,aId Uep,l &S taci dfO Pibin5
oiI. le,riu.y Was good ui, lUt l,c,ilrs. "a tuo
I Nurth Hlver SAVINGS Bank ~ M. I'D i.lStth-
/ ave. a low drpOe.tifs. cN4dchi-J DoCpu4h-
! t.tstcDed at the Tepvrts of " DrOato pAlAs, yes
tet-,v drew tscr money tu Duf tlo "t.'fs ictl Do"
cat ior alarm tury ue-Alo t'at Inv! "o le''N 10
nfet any ,iuei..ucy AiIDu. nC OtEyi UuRs Nbr4t no
e,ccl al In .ot WeIc tac Il-e' ot' i i,1uH 30 30 t
Sent, / Iigl-st., Mest ,Ic SAVINGS Lia d No.
/ I53 3Xtii-ANe. ., ....
Iuvu, taken ~ ,,N cannot o uYcSe. ar 1tu+ ailN ii-
t,s., Ine stdt4iiJn U business ana en3h ,"n-ht iuf
money, also rate Of i.caiiuid ior a"cuts poy-
M seven Der cent uuprOuiDc 10 pdri4sr rc-
/ cl.liis except porn..cat ht.crtihcnts. LIE Law
ouEe, them keep 10 per e. m Di tnrir do"o'' Na
he 10 meet ans eiurg ncy, and IN order 40 10 ans iry
an, Obliged amount ON cali, or tAHe lF -
sUI lsrais they iSr, wlJch n Yer! IoN edbos
| pays tIIoin th;tn tuice pet cent
! SUSPENSION OF \ STATE BANK.
! WILLIAM A. BUILER APPOINTED RECEIVER or THE
/ MANUFACTURERS BUILDERS BANK-IHE