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SAVINGS BANKS ARE ALL OPEN Money Is Not Demanded in Large Amounts at Counters. Institutions Resume Business in the Old Locations. The opening of the San Francisco Savings Union, the Savings and Loan Society, the Security Savings Bank and the California Safe Deposit and Trust Company bank, which took place yesterday, showed again the general solidity of the financial institutions of the city and also the confidence that the public entertains. "There are all kinds of money in San Francisco, said a financier who stood and watched the steady payment, without stint. to depositors in the several savings banks. At the same time, in every bank opening yesterday, as was the case in the banks that previously opened, the depositors who came to find a safe place in which to put their funds were numerous. At none of the banking houses that threw open their doors yesterday was there a long line of people. Two hours after the opening at the San Francisco Savings Union's temporary quarters in the China building, northwest corner of California and Montgomery streets, there were not a dozen persons in the banking rooms. "Everything is quiet, as you see," said President Pond. "There is no large demand for money. Our depositors can get all that they are entitled to on the face of the books. There is no limit to the amounts that will be paid out on demand. Depositors are evidently getting some money to meet living expenses. That is all. The new deposits are noticeable." BUSINESS SAME AS USUAL. The loan and insurance departments of The San Francisco Savings Union are temporarily situated in the Kohl building. on the opposite side of Montgomery street. There mortgagors counseled with the bank officiale who have an interest in relation to their insurance policies that are assigned to the bank. This department of the Savings Union was fully as lively as the one where the depositors were drawing money. The business of the entire bank was not much more than the customary volume before the fire. The San Francisco Savings Union is the third savings bank in size in California. At the banking house of the California Safe Deposit and Trust Company, where both a commerical and savings bank business is transacted, the general story that applies to all other banks in San Francisco that have opened since the fire fitted very well. Commercial deposits were placed in the commercial department. Savings deposits found their way over the counter of the receiving teller. An entire absence of excitement and a very small number of visitors seeking to get cash were observable "We opened up today for business, which is going on just the same as before the fire, and everything is entirely satisfactory." This was the statement that President J. Dalzell Brown made at noon, after the banking house had been open three hours. 'Business men are making commercial deposits. The entire situation is evidently very strong. We pride ourselves on the appearance of our temporary quarters. The return of the banks to California and Montgomery streets shows that this is a banking and financial center. We have been notified by the San Francisco Surety Company that they will return and occupy their own old quarters next to us." The Savings and Loan Society opened in a temporary structure on the old site at Sutter and Montgomery streets. Cashier Bonnell said that there was no great demand for money. Depositors needed some coin for necessities and that was about all they took out of the institution. t The amount of business was not more P than was common on any business day before the fire. V b OUTLOOK IS EXCELLENT.
