Statement

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

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  1938: Page [1]  



THE  BANK  FOR  SAVINGS  IN  THE  CITY  OF  NEW YORK
 

Statement of
 

TRUSTEES
 

ASSETS

Cash...........................................................S 10,886,

United  States  Government

Bonds .....„.......____.........................    61,162.
 

Bonds of States, Counties and

Cities   ...................................................    13,88L

Railroad Bonds....................................    32,678,

Public Utility Bonds........................      7,782,

The above bonds are at in¬
vestment value

First Mortgages on Real Estate 100,784.

Investment in Savings Banks
Trust Company and Insti
tutional Securities Corpora'
tion .............„............_..........-..............
 

Banking House.........

Other Real Estate...

Accrued Interest......

Other   Assets...............
 

1,419,
1,150,
12,416,
1,359,
2-540,
 

$246,063,713.56
 

The   oldest   Mutual   Savings
Bank in the Slate of New York
 

104,671.27
173,510.03
795.494.52
 

Condition—January 1, 1938

LIABILITIES

743.68               Due 205,443 Depositors...............S207,865,037.74

Due   19,995   Christmas  Club
^^^■^^                   Depositors  .......................................

227 84               Other Liabilities.................................

,969.47               General   Reserve.................................      5,

Surplus for the Protection of
Depositors

At Investment Value..................    32.

,880.80
 

,600.00
000.00
573.60
,817.77
730.99
 

$246,063,713.56
 

INTEREST    FROM
DAY   OF   DEPOSIT
 

HENRY W. DE FOREST
LEWIS  GAWTRY, Presiden
JOHN E. COWDIN

GEORGE E. ROOSEVELT,

Roosevelt & Son
TH.'lTCHER M. BROWN

Brown  Brothers Harriman
E. TOWNSEND IRVIN

Sliearson,   Hanimilt   &   Con'
JOHN Y. G. WALKER, Firs

Walker Brothers
GHERARDl  DAVIS

WILLIAM FELLOWES MORGAN
Director,  Chemical  Biink  &   Trust

KENNETH P. BUDD

William   Iselin   &   Company

LEWIS SPENCER MORRIS,  Third
 

Vice-Preaidenl
 

Clmi
 

I  of  I
 

ard, Ful
 

I   Company  of  New York
 

HERMAN LkROY EDGAR

Real Estate
GEORGE WHITNEY

J.  P.  Morgan  &  Company
EDMUND P. ROGERS

Chairman,    Executiic   Committee,   Fulton   Trust   Con-
New York
WALBRIDGE S. TAFT

Cadwalader,   Wickersham  &   Taft
MARSHALL FIELD
WALTER S. GlFFORD

Presifient,   American   Tcln'lione   &   Telegraph   Compar
PIERRE JAY

Chairman.   Fiduciary   Trust   Company  of New  York
WILLIAM SHIELDS
ERNEST ISELIN
S. SLOAN COLT

Presidenl,  Bankers Trust  Company
CLEVELAND E.  DODGE

Vice. Presiden I,   Phelps  Dodse  Corporation
PERCY 5. VERMILYA

Presiiient,  Maic  Eiiilitz & Son. Inc.
HENRY  S.  MORGAN

Morgan  Stanley &  Company,   Inc.
W.  PALEN CONWAY

President,   Guaranty   Trust   Coiii],any   of   New  York
  1938: Page [1]