Bowery Bank

What pedestrians on the Bowery and Park Avenue, Manhattan, took to be a military parade of 14 armored motor cars, with submachine guns bristling from their portholes, was in reality the Adams Express fleet moving the assets of the Bowery Savings Bank from its old site at the Bowery and Grand Street to its new building opposite the Grand Central Station on Forty-second Street. As the Bank's assets totaled $202,000,000, there was good reason for this elaborate protection.

The increase of savings bank accounts along the Bowery, so clearly shown by the large size of the Bowery Savings Bank, is an indication that that famous thoroughfare is today an exceedingly prosperous business section, song and story to the contrary.