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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?