New-York tribune., 1909-09-25
GREAT GROWTH IN A YEAR
Vast Increase of Deposits OF One Bank
ing Institution.

One n the most distinctive and individual
banking institutions in the city OF New York. con-
rOlled and managed solely 10y its own directors.
with no outside affiliations whatever is the New
Netheriand Bank at No. Al West 34th street.
which Is a commercial banking institution In
die truest sense OF the word IL is conducted
by business men OF sound efficient business
principles for men and women who like TO do
business In a business way. The bank pays in
terest on non-borrOwing. Inactive and trustee
accounts.
In the month OF January. 1905. there was on
deposit at the New Netheisand Bank 100000
To-day the institution has deposits OF $500
oOo; statement that within itself tells the
story OF the remarkable success OF this bank.
Another feature OF the banks history Is that,
Turing the entire financial panic when many
az New YOrks well known banks could not
pay their depOsitors nor extend credit the
best securities. the New Netheriand Bank re-
fused neither cash nor credit during the worst
month. october. 1907.
Thirty-fOUrth street from Herald Square 20
Fifth avenue has become the centre OF a great
retail section. the real estate OF this portion of
The street and square being assessed by the city
Cor nearly s600oOOo0 The location of the New
Hetherland Bank. No Al West 34th street. is
therefore exactly what it should be TO serve
this section promptly and efficiently
The president OF this successful institution,
j. Adams Brown. takes special pride In the fact
Chat his bank is purely a commercial institution,
entirely free from az speculation and underWrit-
ing It's facilities for serving depostors
second to none in New York City. and the
equipment OF safe deposit. silver and storage
vaults is large and complete in very respect
The general financial situation at all times and
The causes that affect IL are undoubtedly among
rhe foremost interests of the public mind. The
experiences OF the fan OF 1907 have made the
average men women dePost0rs skeptical 10
some degree. They seem to realize the impOr-
lance Of the quality Of the trCstecshp OF their
money and insist men for these positions
whose qualifications and integrity are beyond
question. This is u paramount importance in
selecting the institution IN which money is TO be
kept The directors Of the New Nctherland
Bank understand thoroughly that the day has
come when depositors want 10 do business with
an Institution that Mill act as a bank in the
truest sense Of the word; one that does not get
tangled up ia speculations or UnderWritings, but
one whose principles are stalRart and whose in
dependence strength and conservative managc-
ment guarantee the safest possible depository
for funds The unimpeachable record Of the
New Netherland Bank is a source Of special pride
TO the city OF New York. az the financial centre
OF the United States.
A strong TcLdatIDn n the New Neither
land Bank is its board OF directors, which -
composed OF such reputable citizens as DR. John
p Rum, William Watson Caswells James H.
Ottley Henry w Sackett. Udo N Fleischmann
J. Edgar Ieaycrsft William II. Seaich, Belden
j. Rodgers. Elgin r. L. Gould, Wyllys Terry, ].
Adams Brown Louis X. Lggett. Charles N.
F7eischrnann, William i. Chapman, jr.. and Cur
lis Beard. The officers OF the bank are ].
Adams Brown. president; Dr. John T. Mum.
vice president. Curtis ]. Beard, cashier. and J.
4. Van Loan. assistant cashier.
The officers Of the bank want TO be helpful 20
sepOsitors in every possible way. and arc at all
times readily accessible. The bank solicits the
accounts OF responsible individuals firms and
corporations promising in return courtesy and
attention and az liberal treatment as is cOnss-
tent with sound banking. There Is separate
departEnent with reception rooms for ladies, to
whom new currency IS paid In exchange for
checks Il is a designated depository Of the
state and city of New York. Letters OF credit
travellers checks and drafts are Issued avail
able ia all parts OF the world.
The following is a statement Of the condition
Of the New NetherIand Bank On April %. 1903:
RESOURCES
and Discounts 81 GOO 80
Overdrafs
Furnure kiEt ......-............ sl47oo
Cash gsult ara Banks. 7SfSs6 "a
E2cs7sossa
LIABILITIES.
ssrIius ana Undivided Profits 20 I73 %
Tsssssd - loI Taxes LES sSss g g
IeI1sits 7647i
Y20g7 2os 50