New-York tribune., 1875-11-27
B4NR EXAMINATIONS.

STATEMENT or SUPERINTENDENT EIMs-rHR srco-
pIry raR peoples AND CENTRAL PARK saw
lNGs INSTITUTIONS.
In conversation with reporter OF lHE
TpIRuSE last evening Bank Superintendent El1s sio
that he would not say word about any cther oahks eA
eept those which have already suspended OF nave ao
receivers appointed He had not, he said apPheo io
q receiver except IN the cases Already h"o"n'
bpt he would not state whether he con-
templated applying for receivers for other pdhhS
Most, II not all, OF the unsound pahks Ia" i'''
than S5OoOOO OF deposits, he said, ana th'y
were new banks which had hech es''n',"''u
within the last six eight years The ola ana s ~
banks were anperfectly SAFE, and the number OF Snh?
ones was very small MI Ellis thongt tna' u ''o
prcss treated the matter carefully all OF the unsou"
banks would be "weedod out" without any trouble or
excitement In his opinion the Legislature had aio"cu
too many savings banks IN this city, and the res"' was
that none of them made much money az 'h'' uScu "
do while some of them became entirely WITHOUT sup
port. 900
In reference 10 the banks which have reeeh,v sus
penled Mr. Ellis was more willing to speak The 'eh'"
Park Rank without giving notice TO him, mad PAM i'7
costly new building at Thrdave. and Forfyeis't-''.
He found that the cost of the new buiidiIs anu
lots was $4,000, aud that all tno lh,er's'
he'd in il by the bank the lota being mor'4aeoo, wa"
s., 600 less amount than the sum oue ~ w n
He refused 10 permit the removal unless inc so'' %
IN good
was added 10 the assets. Mr. GearY' INC iie'f
dent then made up the $4,000 himself ana S"o
oaoded in raising besides about $1,000 To insure
the depositors Last Sunday hr. Ellls hiiu nc
telcpraphed to close the bank. he Thought II Possp
that the new building nigh; he sold for enough W pa!
tbe depositors in ful Tie Security Bank, nc housh'
wonld he able from present appearances I" pa!
IFS depositore IN full The Peoples Bank was Ill d
worse condition. The depOsltors would propapy Pe'
about so cents on dollar. Mr.. Ellis had appcd lor
receiver for this bank Nov IL hut II suspended peiofe
n receiver was appointed. He had nothing 10 DO WIN
the appojntment of receivers himself
CONDITION OF THE CENTRAL PARK SAVINGS BANh'
The President Of the Central Park Savings BANK eu
last evening that 10 receiver had yet been hauic"'
The bank was closed all day yesterday. Mt "'u'!
stated that the immediate cause OF the suspension was
the withdrawal of deposits consequent On the re o.
the Third Avenue Savings Bank. The onv assets o, t
hapL were the new EVc-sory brick building AZ inHu
ave aud ForiV-clghtl-st. and the lots u ,ocn,u-
nics These lots carry mortgage, amounlihe III tc
arvregate to about $4,000. The building ls rincun
berc1 The amount OF deposits al present, MT Htai,y
he hink were about $40 900 The dcpositos arc most!
ahorrs VINO have small sums invested bU, s0mcO OF them
noseess considerable property The bank was ORGANIZE
IN S67 IL formerly made money, mt mas fecenuy
ceased 10 do 60 Many changes nave taken pia'c h"nS
lis managers, and these Mt Gcarty seemed 10 Coheuei
unvise and a source Of the banks trouble. ,
NelOs concerning BdnhS, see >toV"" A"s"J