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
 

TRUSTEES
 

Statement of Condition—April 1, 1938

ASSETS                                                                        LIABILITIES

Cash  ............................................................S    7,057,462.86              Due 208,600 Depositors...............$209,328,298.94

Uniled   Stales   Government                                         Due  23,245   Christmas   Club

Bonds.................................................     (7,144,438.(1                  Depositors   .......................................         426,737.20

Bonds of States, Counties and

Cities   ...................................................      7,633,417.62              Other  Liabilities.................................         733,910.94

Railroad Bonds.....„.............................    27,458,311.47              General Reserve.................................      6,476,625.27

Public Utility Bonds....._..............    10,477.379.49              c     t     x     .r    r.         •        r

TL      u        1,     J              .   ■                                            surplus lor the rrotection of

Ihe above bonds are al in-                                             r<

1                                                                  Depositors

vestment value                                                               ,',       ^       ^ ,. ■                     oo no- aaa nn

_,.     ,,                    „    , T^          n„„..„„.^_„                  At Investment Value..................    32,12.-).000.00

First Mortgages on Real Estate 100,643,947.59

Investment in Savings Banks
Trust Company and Insti¬
tutional Securities Corpora¬
tion .........................................................      1,419,600.00

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

Other Real Estate..............................    12,275,323.60

Accrued  Interest.................................      1,353,002.48

Other   Assets..........................................      2,477,688.53

$249.090.572.35                                                                $249.090.572.35

The   oldest   Mutual   Savings                                                                                            INTEREST    FRO.M

Bank in the State of New York                                                                                                              DAY   OF   DEPOSIT
 

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

THATCHER M. BROWN
 

GHERARDl DAVIS
 

KENNETH P. BUDD

William Iselin  &  Company
LEWIS SPENCER MORRIS. Third Vic

Chuitman  ot  ihc  Board, Fulton  Trusi
 

GEORGE WHITNEY

J.   P.   Morgan   &   Comp.iny
EDMUND P. ROGERS

Chairman.    Executive   Commiltee,   Ful

New York
WALBRIDGE  S.   TAFT,  Secretary of

Cadwalader.  Wickersham  &  Taft
WALTER   S.  GlFFORD

President,   American   T.^Ifplione   4   T.
PIERRE JAY

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

Presidenl.    Bankers   Trust   Company
CLEVELAND E. DODGE

Vice.Presidcnl,   Phelps  Dodge   Corpors
PERCY S. VERMILYA

President,   Marc   Eidlitz   &   Son,   Inc.
HENRY S. MORGAN

Morgan   Stanley   &   Company.   Inc.
W. PALEN CONWAY
 

Company   of  New   York
 

,   Guar.
 

1   Com;
  1938: Page [1]