New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16

<bas ,ne vomens entrance was closed and ioek ;ss
and the crowd was left oniy Que uVor i O'clock ar
entrance and departure. when 2;v,tsJ IN the
i've mo- sa tSa Sasrv doors we're closed Then
shout of disappointment went np ifoii . . mil
without, which fingered about 'ne S'i00' UNIV"
"" Tssasurer David ELEPHANT, in speaking OF the
sona,tion of the bank. said to IRiBu NE IePo''o,
This rush does not ssr money are small depositors.
and Accountant Knole tells me that the res so an az
nas PAM and V total fund Of see there
Il bound to be some crush aiter ms are in ex
ceIIenf cepdon as they been obliged 10 Keep TOLL
Investments reeenty-because there was nonss ~
hand wall street does affect US in any way as Inc
National banks were welded tog.tt and they are
fhe only repositories OF surplus 0ur cash accounts
with the Manhattan Company ana Inc h"s sa W any
thing against institutions The amount we owe our
deposttors IA $685. 063 H. The daily AVERAGE pay
ment Of the bank its depostors Is about 70 ooo o
day, as nearly the accountant can Judge II HAS o
about Sl25,O0O.
BOWERY BANK READY FOR EMERGENClES.
The interior of the Bowery Bank was occupieuo y
depostors who lounged lesuroly about the ione
benches and looked meditatyely at the loag line vi
their fellow depostors who were drawing their
money There was excitement, and when lne
time for closing came the depositors left the build
inc without disorder. President Edward Wood
said:
There was a run on us this morning, but. when II was
known that were perfectly willing to pay al po
We have been prepared for an excitement OF S I IO
time apd s sem vi than lose for the
depositors by drawing their money forfeit an anV
ii si5oSS each We day make 1 Ordinary Ey'S
to-day nearly as can approxmaa e. we eIner
psr Uu ana II 70 morrow we should lind great crowd
here shall simply refuse to pay ont ANY Of pans and
as the depositois that we have right to 90
The rule Is PIeS in ey Sa interest,"
sets which be realized at almost any toe t ia
10 s42 IS; depostors can claim OF that sto
222 $50 IS Right underneath your feet IN our vaults,
we have $3.50 i75 IL IN cash; so you can understand we
ere In good, solid condllon
THE SEAMENS ABLE TO STAND A RUN.
The great dgab-cOlored building OF the Seamen
Bank for Savings doomed up in Wall-st. ike
rock The venerable president, w. d. Macy. re-
ceived a TRIBUNE reporter and looked askance
at him when he inquired how the bank was affected
by the failure The bankng-room was nlied Win
depositors and q long line of them extended to the
paying teers desk. They conducted themselves
quietly however. and there was only a shSht run
Oh the bank Mr.. Macy said:
The failures have passed by at such distance that
we haven't even felt the wind of them We nave had
rily but II caused with snile no uneaness we
haven't had demand to-day sufficiently large 70 REQUIRE bs
rate every day this year, and could have run on
the bank until July and then have surplus OF
prepared for It by keeping the money IN our Naus
s27 o6 4o6 So of which than is invested
in National state and City bonds No, we nave no rea
son to dread panic except that our deo5itors may be
foolish enough to- draw their money and lose their III
tercst.
TIE DRY DOCK INSTITUTION SOLID
Things were unusually quiet at the Dry Dock
Savings Bank. There had been a run, but 1t had
been uninpOrtant and few persons were in the
bank when the reporter called. Secretary William
V. Webster said
We are all right here and haven't felt the slightest
from the furry downtown. or course, mere nave
been more persons calling on US to-day 10 withdraw her
money than ordinary occasions but not rcmaIKaDy
total, should think about 100000 Our daily aver
age $4,000. At presentwe have assets amount,
ing 10 S1224S,7 20 50 aud surplus or Sll5S,2lS ~
the amount we owe our depositors. AZ we never
invest in anything ether than GGvern9ent Ssfgl
hours. No, we are solid here
NOTHING DREADED By THE UNION DIME.
There were not more than twenty persons wait
ing TO draw their deposits when the Union Dime
Savings Bank closed for the night. There had been
run earlier in the day, but, the afternoon wore
ON. the demand for money stopped Mr. Chaplin,
the treasurer said that his total payments for the
day would not amount to more than O,OOO. " We
have nothing 10 dread" said he for oui deposltors
know that TIE baak - reliable ana we nave SUI
pus of 443 234 81"
OLD CHAMBERS STREETS" SURPLUS.
The East River Savings Institution, or, as it is
better known 1.-THE Old Chambers Street Bank
had it's entrance blocked with eager depositors IN
the morning but the excitement subsidized in the
afternoon At 3 p. IN. the president attended
regular meeting of the Finance Committee lii
banking room whence all depOstors had departed
apparently satisfied. Secretary Charles A. Whitney
informed a reporter that only about $4,000 had
been paid out during the banking h0nfs, AS we
have a surplus fund of n ,393,2oZ ~ lie fontln.,
ned, we think we need have no dread OF DANGER
THE GREENWICH IN GOOD CONDITION.
Treasurer Gilbert, of the Greenwich Savings
Bank shook his head energeti3ally when reporter
asked him if his bank had been affected by the
trouble down town. He said:
Idon't think our bank will he affected when we can
show a surplus above all liabilities OF F32l5,l61 ~ we
have assets amounting to twenty one millions an1
we depOsitors something over eighteen and nan
millions has been considerable increase III the
number OF ms, w sS GfeS oSS @ we do no regard
that "a Important No. sir the savings banks were never
In a better condition than theyare ut pr sent
ALITTLE EXCITEMENT IN BROOKLYN
Some excitement prevailed the Brooklyn
banks where timid depOsitoTs drew out their saw
ings losing interest for three six months. There
was no reason for fear il declared i'll regard 10
any of the Brooklyn savings banks, but small
crowds of dcpositors gathered at each Probably
the bank which suffered the most was the South
Brooklyn Savings Institution sometimes called the
Atlantic Bauk, at ClintOn-st. and Atlantic ave.
The similarity of the name to that of the Atlantic
State Bank led many persons TO confoUud the two,
..d larr na w Withdrawn deposit