New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
what may be called private nature. We have no
reason to complain Of his conduct as regards u.s.
CONFIDENCE IN THE ATLANTIC STATE.

CONFIDENCE IN THE ATLANTIC STATE.
| Notice was posted on the Atlantic State Bank at
No. 40 Fult0n-st Brooklyn that no business would
be done Yesterday. At no time in the day were
there many depositors at the doors. The clerks
were at their desks and replied to questions that 1T
was expected to resume business day. Mr. Pufier,
the president said that he ordered the bank to
be closed as soon as the doors of the Metropolitan
Bank were shut. Mr. Seney had not consulted
with the other directors and 1t would depend on
the examination which was going on whether the
doors could be opened this morning. An accountant
from the Office of the State Examiner took charge
of the bank at noon. and began to examine the
books, vouchers and securities. Cashier Denton said
We cannot to-day, the State Examiner Is IN
to resume tomorrow. That information can
give
The following notice was posted on the bank
doors:
NEW-YoRK Refusing COMPANY, ,
111 MAIDEN-IANE,
NEw-YoRK May -, 1884,
Checks drawn by the Atlantic Bank will be paid
presentation to at office III Maiden,ane, New
York. GEORSE $. RICHARDS, Treasurer
The bank had nearly 3 200, 900 on deposit when
it was shut, divided among $40 depostors. The
Bridge Trustees have 100000 in the bank.
Acting President Stranahan, of the Bridge
Trustees. said that he had every confidence that
not lose a cent. He had no anxiety. The Union
Ferry Company deposited in the same bank, put
the directors refused TO state the amount. fester-
days receipts were deposited in the Brooklyn
Bank The Brooklyn City Railroad Company mas
between $45 900 and $1,000 in the Atlantic state
Bank but President Hazard said that he had no
alarm about its safety. The bank in bis opinion,
would certainly resume, and until It dld the com
pany would draw checks to meet all demands upon
other banks. =.
The other Brooklyn National banks were qulet.
The action of the Clearing House Committee IN
sustaining the banks was regarded as the best lndi-
cation that the panic was ended and that there
would be no more trouble. At the Mechanics BANK
small run was made, but President White SAID
that he expected no trouble. President Lewis OF
the Brooklyn Bank said that the only effect OF the
trouble was better interest on loans. New accounts
were being opened and depOsiting was done
as usual. The bank was DOted for caution and con
servatism. but those qualities good in Crisis.
At the Nassau Bank it sad that there was
enough money on hand to pay each depOsitOr, but
no more was being drawn than usual. All tho other
National banks quiet.
Tae president of the Atlantic State Bank said
last evening, that the State examiners hoped to get
through with the accounts. so rs to report tins
morning, and then the Directors would meet and
decide when they would open the doors. He dld
not believe it would be possible to open at the
regular hour this morning but the bank would
probably resume at some time in the day lie
judged from what he learned from tho examiners,
that they found very satisfactory state of affairs