New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-12
ASSETS OF THE MARINE BANK
DEFICIENCY TO DEPOsIToRs.

however. will not be finished lot seNoi"i 10Y
Until that time the exact condition Oh .h'
banks finances will not he KNOWN MI
Schriba. whose report has been sent to Con-
,roIler CoDron at Washington was out of town
Yesterday. All concerned are reticent as 10 the
contents of the report 1t is asserted by those VINO
| are in a position TO know that 1t shows
that the nominal assets of the bank are
about S. 800 900. The deposits are about So,2oo'-
600 The loans outstanding are about S4,20OOOO'
OF the loans, a little more than $2,OOoVOU
were made to Grant 4 Ward OF these
100000 were made On good securi-
ties which are available. There are
| $500 900 additional made on securities when are
believed 10 be in good part rehypothecated ana
about 5000, 600 loaned on no security whatever
The assets of the bank consist OF good loans 10
the extent of about $2,25O,000 the bank
| building, cash on hand, amounting to about
100000, and the property turned over
by Mr. Fish on which it is difficult as yet to place
any valuation as much of it is subject TO liens III
the shape of mort cages The shareholders can also
| be assessed to the amount of their stock AS more
| than one-half of the stock was owner
by Messrs. Fish and Ward, less than @Zoo'ooo
will be available from this quarter
A RECEIVER TO BE APPOINTED.
Controller Cannon came on TO this city on Satur-
dav and was m consultation with various persons
bank and the appointment of re-
ceiver He left for Washington last evening.
Several applications have already been made by
persons who anxious to have the posi- OF receiver
Several of the largest deposltors wIsh Ihat sois
employe of the Treasury Department-one VINO IS
| cOnyersant with the National banking law ana
| the duties of recever-shall be appoint
| ed Ii this is DONE the affairs OF
| the bank can be settled expeditiousy and econo-
! micallv and the depOstOrs VIII receive
| greater proportion of what IS due theIa
| ha
| was asserted last evening that an effort was
| being made to secure the appointment Oh DahA
official from the interior of the STATE; .od
II is probable that receiver Will be appointed
| to-day or tomorrow.
THE GRANT-vANDERBILT TRANSACTION.
General Grants transfer Of his property and the
transfers Of Mrs Grants TO William n. Vanderbilt
10 secure the latter's loan of $4,000 to General
| Grant have been refused by Mr.. Vanderbilt IL Is
understood that the deeds not accepted by him.
Mr.. Vanderbilt wrote to General Grant that ne ana
not want the General and Mrs. Grant TO transfer
their property 10 him; that be did not know they
! had done so and if he had known that they were
| going 10 make the transfer he would not
have allowed it. Mr.. Vanderbilt added that he
| had not time on the eve of his departure for
| Europe 10 attend 10 the matter and wished II
! TO rest until his return. He considered zen
eral Grants obligation a debt of honor
! and if the General secured in the future
$50 600 or any part of it, he could pay the debt
| Friends of the General said yesterday that this
| action by Mr. Vanderbilt was creditabe to him.
| but that it did not nul1fy the deeds Of transfer
! As the transaction now stands the prop
| erty is transferred TO Mr.. Vanderbilt, and
il will require further deeds of transfer TO convey
| il back from Mr. Vanderbilt to General Grant and
| his WIFE II was reported yesterday that General
! Grant had become seriously Ill consequence OF
the troubles of his firm, but this was denied by On
intimate friend The General is deeply afecred
over the unfortunate affair but he bears up philo-
sophically.
| SCENES ABOUT WARDS HOME.
| Mrs. Green's house at No. 81 Mouroe-place, is IN
| a sunny location, and it was bathed in light and
garnth all day yesterday. It is wide four-storied
! brown-stone house and from the basement to the
top floor the shades were rolled up showing the rich
| lace curtains which kept out the curious gaze Of
passers-bv. There is a church near PierrepOnt-st,
and before as well after the morning service the
long stream Of church-gOers lessened their pace a.
! they passed Mrs Green's house and muttered
That's where Ward lives" Callers came and
went throughout the day, and as the WIS.,
itor passed The corners Of the streets
| tall and athetic-looklng man looked at
them sharply and then continued his promenade
There was still every evidence that the detectives
who were detailed by the Supreme Court to
|
| The Chief held whispered consultations with his
aids at what is the apparent rendezvous in Henry
| ST and,then proceeded around the block. The two
Notwithstanding men still sat on hall settee
near Mrs. Green's hat rack, and when asked If Ward
was under arrest stared into vacancy.
| STATEMENT FROM WARDS COUNSEL.
Mr.. Green. the brother-ln-law Of Ward, was
called upon by TRIBUNE reporter late last night
| In reply to inquiries he said " Mr. Ward went TO
his Office at IL O'Clock this morning and worked
hard at his labor of STRENGTHENING out his affairs
until p. N. He then returned home. Later in the
day one of Mr.. Wards counsel called upon him and
| no went to his lawyers house where he remained
until D. N. Returning home he stayed indoors.
! When asked how Mr. Wards health was, Mr..
| Green replied " He is very weak and extremely
anxious to be able TO present his side of the story
Of the failure to the public He is not yet able TO
do it,"
The reporter then called upon the lawyer who
| Will undertake the protection Of Wards interests
in the future. AT first he was disposed 10 DE retl-
cent but upon the understanding that his name
should not be used he spoke freely. He said
bave beep going over Wards accounts with him this
afternoon and duly appreciate difficulties OF HE posi-
| ton As far az Ican judge Ward Is beng MADE me
understood that have any desire to Wards Of
fences. tor he has onended, IN financial sense most
the fru while THIS hue and cry ha run Ward TO the
OF the VINO have been Interested IN te
firm ha re feathered their nests.
DO you care n mention the name Of any OF the per-
sons who taxing advantage OF his opportunity
No do not. ard, simply h not the only offender.
think II might be well for the newspapers and perhaps
the creditors TO md ont rihe more about MI warner
DO not know him. have never met him, but under
stand from the authority that at time warner
80 a clerk In the Office OF W. :. Hatch Vie then went
INTO tbe stock brokerage business and tailed amentaby
How he became acquainted with Mr. Ward do not know
II that lie was Introduced 10 nh ny
some OF the law firm " men now looking ateI
he SUSPENDED firms business sufficient say that
beglnpne his relations with Grant ~ Ward with a
| comparatively insignificant lie succeeded Ia four
years IN making firm indebted 20 HIM according 70
his taement 20 the amount Of nearly S3,OOOOOO. do
moi saw that is not absolutely honorable, but