THE BANK FOR SAVINGS IN THE CITY OF NEW YORK
 

TRUSTEES
 

Statement of Condition-

ASSETS

Cash on Hand and in Banks...... S10,642,986.09

United     States     Government

Bonds ...................................................    87,593,859.62

Bonds of States, Counties and

Cities.....................................................     4,902,634.59

Railroad Bonds .................................    14,266,416.20

Public  Utility  Bonds.....................    10,079,318.85

The   above   bonds   are   at
investment    value,     less
reserve
First Mortgages on Real Estate,

less Reserve ....................................    94,300,048.70

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

Banking House .................................      1,075,000.00

Other Real Estate..............................    12,437,153.00

Accrued Interest ..............................      1,210,237.94

Other Assets, less Reserve.........      1,724,400.60

t239,651,655.59
 

—January 1, 1940

LIABILITIES

Due 216,852 Depositors................t216,049,066.19

Due   11,182   Christmas   Club

Depositors  .......................................           61,677.30

Other LiabiHties ..............................         540,912.10

Surplus for the Protection of
Depositors
At Investment Value..................    23,000,000.00
 

LEWIS GAWTRY,   Pre
 

[   F.Ve-Pre,.rfcn(
 

EDMUND P. ROGERS
Chairman, Executive  C
New York
 

e BaT.I< of New York
 

ERNEST ISELIN
 

S239,651,655.59
 

The    oldest    Mutual    Savings
Bank in the State of New York
 

INTEREST FROM
DAY OF DEPOSIT
 

W. PALEN CONWAY