THE BANK FOR SAVINGS IN THE CITY OF NEW YORK
 

-July 1,
 

TUUSTEES
 

Statement of Condition

ASSETS
............................... S 6,734,064.46
 

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

United    States     Government

Bonds.................................................   79,853,352.98

Bonds of States, Counties and

Cities....................................................     5,908,942.23

Railroad Bonds, less Reserve...    22,323,913.08

Public Utility Bonds.......................    10,471,719.32

The above bonds are at in¬
vestment value

First Mortgages on Real Estate 100,661,925.82

Investment in Savings Banks
Trust Company and Insti¬
tutional Securities Corpora¬
tion .........................................................
 

1,419,600.00

1,100,000.00

11,696,250.00

1,377,393.08

Other  Assets..........................................      2,392,273.94
 

Banking House..........

Other Real Estate....
Accrued Interest.......
 

1938

LIABILITIKS

Due 206,440 Depositors...............$208,506,016.81

Due   224O8   Christinas   Club
 

Depositors
 

Other Liabilities..
General  Reserve..
 

666,329.90

577,926.09

2,064,162.11
 

Surplus for the Protection of
Depositors
At Investment Value..................    32,12.5,000.00
 

LEWIS GAWTRY, Pre
 

> Execu
THATCHER  M.  BROWN

Brown   Brothers   Harriman   &   Compaiiy
E. TOWNSEND IRVIN

Shearson,   Hammill  &  Company

JOHN  Y.   G.   WALKER.  First   Vice-President

Walker Brolhers

GHERARDl DAVIS

Attorney
WILLIAM  FELLOWES  MORGAN

Director,   Chemical   Bank   &   Trust   Company
 

GEORGE   WHITMEY
J.  P. Morgan  &  Comp

EDMUND P. ROGERS
 

WALTER S. GlFFORD
 

1 Telephonp & Telegraph  Com
^any  of  Ne^v  Yo,
 

$243,939,434.91
 

$243,939,434.91
 

Presid er

PIERRE  JAY
Chiiirman.  Fiiiuciary

WILLIAM SHIELDS

ERNEST ISELIN

S.  SLOAN  COLT
 

CLEVELAND E. DODGE

Vice-President,  Phelps Dodge Corpora
PERCY S. VERMILYA
 

The  oldest   Mutual  Savinge;
Bank in the State of New York
 

\G=
 

INTEREST FROM
DAY OF DEPOSIT

=tsf
 

f  of New York