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BANK EXAMINATIONS. STATEMENT OF SUPERINTENDENT ELLIS-THR SECURITY, THE PEOPLE'S AND CENTRAL PARK SAVINGS INSTITUTIONS. In conversation with a reporter of THE TRIBUNE last evening, Bank Superintendent Ellis said that he would not say a word about any other banks, except those which have already suspended or have had receivers appointed. He had not, he said, applied for a receiver, except in the cases already known, but he would not state whether he contemplated applying for receivers for other banks. Most, if not all, of the unsound banks had less than $500,000 of deposits, he said, and they were new banks which had been established within the last six or eight years. The old and large banks were all perfectly safe, and the number of "abaky" ones was very small. Mr. Ellis thought that if the press treated the matter carefully, all of the unsound banks would be "weeded out" without any trouble or excitement. In his opinion, the Legislature had allowed too many savings banks in this city, and the result was that none of them made as much money as they used to do, while some of them became entirely without support. In reference to the banks which have recently suspended Mr. Ellis was more willing to speak. The Central Park Bank, without giving notice to him, had built its costly new building at Third-ave. and Forty-eighth-st. He found that the cost of the new building and lots was $76,000, and that all the interest held in it by the bank, the lote being mortgaged, was $5,000 less in amount than the sum due to depositors. He refused to permit the removal unless the $5,000 was made good to the depositors, and 5 or 6 per cent surplus was added to the assets. Mr. Gearty, the Prestdent, then made up the $5,000 himself, and sueceeded in raising besides about $1,000 to insure the depositors. Last Sunday Mr. Ellis said he telegraphed to close the bank. He thought it possible that the new building might be sold for enough to pay the depositors in full. The Security Bank, he thought, would be able from present appearances to pay its depositors in full. The People's Bank was in a worse condition. The depositors would probably get about 80 cents on a dollar. Mr. Ellis had applied for a receiver for this bank on Nov. 11, but it suspended before a receiver was appointed. He had nothing to do with the appointment of receivers himself. CONDITION OF THE CENTRAL PARK SAVINGS BANK. The President of the Central Park Savings Bank said last evening that no receiver had yet been named. The bank was closed all day yesterday. Mr. Gearty stated that the immediate cause of the suspension was the withdrawal of déposits, consequent on the failure of the Third Avenue Savings Bank. The only assets of the bank were the new Eve-story brick building at Thirdave. and Forty-eighth-st. and the lots it occupies. These lots earry two mortgages, amounting in the aggregate to about $36,000. The building is mineumbered. The amount of deposits at present, Mr. Gearty said, was less tban $40,000, and the total liabilities of the bank were about $76,000. The depositors are mostly laborers, who have small sums invested, but someof them possess considerable property. The bank was organized in 1867. It formerly made money, but has recently ceased to do 80. Many changes have taken place among its managers, and these, Mr. Gearty seemed to consider unwise and a source of the bank's trouble. [For Other News concerning Banks, see Second Page.]
