The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-05-17
publication. These statements are pub
lished below:
Mr.. Habliston's Statement.

MT. t1dOllSCOIl OldtcI1lcIll.
Mr.. w. NJ .Habliston, president Of the
Broad Street Bank. stated that. like the
Union Bank. the Savings Bank and q
number OF others, 1t has never been q
member Of the clearing house. Inc clear
as it deems proper and Is under no obi,
cations to the Broad Street Bank. and
the Broad Street Bank is under no onli-
cations whatever to the clearing mouse;
a new set of rules, and among others one
recurring all clearing house banks %
close, at y o'clock on Saturday, and ma
clearing house to clear for any bank not
member which will not observe all or
its rules. This Is new provision. do
not believe 1t is the custom In other
cities for the clearing houses to attempt
to regulate the hours for business for
non-memb ers i.3Fs
in 1901 specially for the convenience OF
the section in which 1t is located. Since
1t was organized this bank has remained
r. : M. it las advertised this closing hour
for over three years. 1t would be @ hard
ship for the Broad Street people 10 close
at IL o'clock on saturday, the very bus
lest day OF the week.
The Broad Street Bank has simply re-
fused to change It's hours on the ground
Ut the great Inconvenience 10 ils custom
crs, believing their needs should be first
considered The clearing house has very
CONSIDERABLY suspended operation Of that
rule, and committee has been appointed
and such other banks as are affected.
with a view OF adjusting the rules t. the
satisfaction OF all concerned.
Bank of Richmond.
The Bank of Richmond gave out the
folloWing:
"The Bank Of Richmond regrets that
the discussion In the clearing house has
been made public. They haye branch
at Fulton and also one at the corner Of
Sixth and Broad Streets, which would be
affected by the early closing.
.t"rhcy are anxious that the clearing
house, Of which they are q member. mod
banks to close their branches at IL NJ.
on Saturdays, as they are DESTROYS OF
Accommodating. the working people and
MERCHANTS Of these 1 hsan nnst noned and
they believe conclusion satisfactory to
all concerned will be reached"
The Bank Of Commerce and trusts
gave out this statement:
The Bank Of Commerce and trusts;
recently organized, has made no alliance
with the Clearing House As Is sot, Ion Of
association of the new rules which It
had under considera ton.
We hope that just and equitable rlles
as it is, Of course, DESTROYS Of Incoming
a member OF the Clearing House Assoc
citation,
Of the associated bangs Of Rioh mon an IN
viabe one for decades past; that they
have always been loyal to each other
ready to assist each other when neces-
sary. standing as a unit for the promo
ton of The clty's best interests,
we believe that 1t Is the desire Of the
association only to adopt such rules as
regard to the interests Of the eommNnlty,
member Of an organzIation OF such rec
ogniHed power.
. 1t will BIO interesting, perhaps, to- kn9W
that the bank clearingS OF los OF tns
principal cities Of the United States that
Atlanta, thlrty-hfth; Norclk, forty,,slxth;
Savannah, thlrtteth; Washington, y. G,.l
twenty-nlnth; Denver twcnty-stxth;
Nashville for,lethh; Jaoksolnylle e. sixty )
glance that IN order FOR Richmond to
Inaintan ~ high place IN me e, hn nansa ee
that all OF Its business. should properly
pass through the Clearing House Assoc
citation that being the best index to lnS