Statement

([New York] :  The Bank for Savings in the City of New York  )

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  1937: Page [1]  



THE BANK FOR SAVINGS   IN THE CITY OF NEW YORK
 

-July 1,
 

Statement of Condition

ASSETS

..................$   9,265,660.34

51,000,275.02
 

Cash   .......................................

United   States   Government

Bonds   ..............................

Bonds of States, Counties and

Cities ...................................    15,924,974.84

Railroad Bonds ................    40,.346,818.29

Public Utility Bonds..............        7,284,567.01

Tile above bonds are at in¬
vestment value
First Mortgages on Real Estate 103,062,821.56
Investment in Savings  Banlcs
Trust  Company  and  Insti¬
tutional Securities Corpora¬
tion   .....................................      1,419,600.00

Banking House........................      1,150,000.00

Other Real Estate.............     11,682,573.60

Accrued Interest................      1,521,766.19

Other Assets ............................      2,475,779.83
 

$245,134,8,36.68
 

Tile   oldest   Mutual   Savings
Bank in the State of New York
 

1937

LIABILITIES

Due 216,823 Depositors   .......8207,751,435.33

Due   20,036   Christmas   Club

Depositors............................         609,586.30

Other Liabilities......................         135,587.05

General Reserve .....................      4,513,228.00

Surplus for the Protection of
Depositors
At Investment Value............    32,125,000.00
 

S245,134,836.68
 

INTEREST  FROM
DAY OF DEPOSIT
 

TRUSTEES

HENRY W. DB FOREST.  Chairman Executi,
 

LEWIS   GAWTRY.   Presidenl

JOHN E.  COWDIN
 

THATCHER M.  BROWN

Brown   Brothers  Harriman  &   Company
E.  TOWNSEND  IRVIN

Slicarson.  Hammill &  Company
JOHN Y. G.   WALKER,  First   Vice-President

Walker   Brolhcrs
GHERARDl  DAVIS

WILLIAM FELLOWES MORGAN

Director,   Cliemictil   Bank  &   Trust   Company
KENNETH P.  BUDD

William   UeUn   &   Company
LEWIS  SPENCER  MORRIS,  Third  Vice-President

CliBirnian oF the Boaril. Fulloii Trust Company of New York
HERMAN LeROY EDGAR

Real Estate
GEORGE WHITNEY

J. P. Morgan & Company
EDMUND P. ROGERS

Chairman,   Exeeulive   Committee,   Fulton   Trust   Company   i

New York
WALBRIDGE S. TAFT

Cadwalader,  Wickersham & Taft
MARSHALL FIELD
WALTER S. GlFFORD

President.  American  Telephone  &  Telegraph   Company
PIERRE JAY

Chairman.  Fiduciary  Trust  Company  of  Ne« York
WILLIAM  SHIELDS
 

The
 

Mm
 


 

New  York
 


 


 


 

ERNEST ISELIN
 


 


 


 

S. SLOAN COLT

President, Bankers Tru
 

St Con
 

pan
 

y
 

CLEVELAND E. DODGE
Vice-Presiilent,   Phelps
 

Dodge
 

Co
 

rporalion
 

PERCY S, VERMILYA
President,  Marc   Eidlit
 

S So
 

. I
 


 

HENRY S. MORGAN
Morgan  Stanley &  Con
 

pany.
 

Inc
 


 

=IX?
  1937: Page [1]