NEW NEW YORK BANK

Nelson Evening Mail, Volume LXI, 27 October 1928, Page 11

NEW NEW YORK BANK

SAFETY UP-TO-DATE j: ; The young man who created the RedHeaded League, and who came iup through the bank floor only to meet the brightness of Sherlock Holmes’s biillseyo lantern .would.have a task worth y of his genius should he strive to enter the now building of. the Chase National Bank in Nassau street (states the “New York” correspondent of the London “Observer”). Its main steel vaults are five storeys below ground. Their walls are eight feet thick, and constructed of layers of steel arid concrete, with , live wires running through to give the signal immediately any daring adventurer seeks to break through. The bank has two other unusual features The,yai?jfcs oirorie floor rest upon Steel .pillars'which flie architects declare are as safe as though the vaults were embedded' in rock. THE BANDIT PERIL But-, more interesting still. Unpeople accustomed to the familiar tellers’‘cage., which seem an. essential part of ; bank j equipment, is it to find that the new bank has a long open counter,-behind which the tellers take their stand. Certain counters, however, are protected by glass windows; able, it is claimed, to resist bullets fired from a machine-gun: All these elaborate precautions are de : signed, to prevent .bandit'attack?,, which always threaten in New. York Citv. Officials heaved a sigh of thankfulness when last week-end th> final transfer,of 8600.000.000' worth of gold, currency; and securities was accomplished without loss of a dime. “ 1