New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-01-10
BIG TENANTS QUICKLY
MOVE TO NEW QUARTERS
Equitable. Through President
Day, Finds Temporary Offices
for Use by 9 O'Clock.
BUT VAULTS HOLD MILLIONS
Clearing House, Too Close to Fire
for Comfort, Moves Out for
Two Days-By Noon Bel
mont Sign Looks Old.

Headed by the Equitable Life Assurance
Society itself the group Of bankers Ndu''
companies and other Zig tenants oi INV
Eouitsble building began TO set themselves
nm in new. establishments Yesterday aihloS'
before the flames were under contioi III
the structure at 40. 10 Broadway.
William 4 Day. president Of the Equl'"-
hla look personal charge of the moving AT
engagements for the insurance conpah!' anu
bv q o'clock Yesterday morning had rente"
the second. third ard fourth floors OF me
CIV Investing Building. No. 100 BroadWaI'
~ beadouarters Tor the executive. cashier
and netropoIitan agencies departments All
of which had pecn housed In the home Office
building. ,,,
August Belmont & co. were cstabhShe"
en- the main floor Of 40 I'll Broadway at
an equally early hour. and by mld-aiter-
poon the glass doors at the back OF the
bau in that building bore the title August
Belmont 6 Co" n gold lettering iha'
hadn't even an appoarance OF newnesS.
Probably, TO day iH the history ot New
works draDdal district witnessed such
hurried transfers and movings OF SO MANY
concerns representing such large amount
of money. and though every one OF these
tors practically without losing minute OF
the business day. none Of them was aoie 10
get at the securities and books which rep
resented its Importance in the financial
world
These securities and books remained be-
hind. locked in the vaults OF the various
concerns which mad their quarters III inc
old Equitable and no one Of the owner" ol
the millions OF dollars worth OF securities
thus left in the ruins of burned block
seemed to be at all worried yesterday as TO
the safety Of the property
Clearing House Shifts Quarters.
The New York Clearing House Associa-
ton. though not in the burned hulldlhs'
found that it's quarters on Cedar street
across the street from the north side OF the
EQUITABLE. were useless, for the day at leas''
and moved up TO the Chamber OF Com
n,erce rooms on Liberty street. They VIII
remain there to-day and will go back 10
their own building tomorrow.
William A. Read & Co., bankers, whose
offices were formerly directly under those
Of August Belmont & Co. in the northeast
corner of the Equitable block, moved to NO
q Pine street, in the old Offices OF the
Rank of Montreal. The Equitable Trust
Company, on the southeast corner OF the
old Equitable block. went 10 No. n5 Broad
way. moving into the former suite OF the
Carnegie Trust Company
The Mercantile Trust Company went to
No. Wall street. and the Mercantile Safe
Deposit Company. though not establishing
permanent quarters anywhere yesterday,
did business through its officers in the
Offices taken by the Equitable Trust Com
pany IL the old Carnegie Trust quarters.
great part Of the work Of the Equita-
BILE Life has been carried on for more than
A year past in the Hazen Building, at NO.
Albany street and II was at that build
ing that the officers OF the Equitable got
together to lay plans until the new quar-
tiers for the company's executives had been
arranged for at No. 165 Broadway.
Kountze Brothers & Co. moved 70 No. ll5
Broadway. and the American Exchange
National Bank which, Ike the Clearing
House though not in the Equitable block.
found its Cedar street quarters too close
TO the fire for comfort moved to No. IS
Broadway.
Perhaps the busiest feature OF this colos-
sal moving day in the financial district was
the reassignment OF telephone wires to fit
the rapid shifts Of bankers and other ten
ants Of the old Equitable. In all 5a tele-
phones were reassigned, according to the
figures OF the telephone company, and TO