Statement

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

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  1941: Page [1]  



Statement of Condition—January 1, 1941
 

TRUSTEES
 

ASSETS

Cash on Hand and in Banks.....................

United States Government Bonds.........

Bonds of States, Counties and Cities-
Railroad Bonds -.................................................
 

Public Utility Bonds.........................................................

The  above  bonds   are  at  investment

value, less reserve
First Mortgages on Real Estate, less Reserve
Investment in Savings Banks Trust Company

and Institutional Securities Corporation

Banking House ..............„..................................................

Other Real Estate...............................................................

Accrued Interest ----------.............................................
 

Other Assets, less Reserve...
 

$11,511,88.5.8-1
82,867,947.86

4,104,368.01
13,588,182.09

8,514,191.73
 

93,112,429.40

1,419,600.00
1,000,000.00
16,752,000.00
1,077,201.82
2.641.9.58.38

$236,589,765.16
 

LEWIS CAW TRY,     President
 

GHERARDl DAVIS
 

KENNETH P. BUDD

William  Iselin  &  Company
 

LEWIS SPENCER MORRIS.     2«rf  Vice-President

Chairnu-in of the Board, Fullon Trust Comi.any of Now York
 

WALTER S. GlFFORD

President,  American  Teleiihone  &  Telegraph   Company
 

LIABILITIES
 

Due 217,978 Depositors.......................................

Due 8,661 Christmas Club Depositors...
Other Liabilities ......................................................
 

Surplus for the Protection  of  Depositors
At Investment Value.......................„..........................
 

$213,012,921.98

50,884.30

525,958.88

23.000,000.00
$236,589,765.16
 

The Oldest Mutual Savings Bank in the State of New York
 

ERNEST ISELIN.      3rd   Vice-President
 

CLEVELAND E. DODGE

Vice-Prcsidenl.   Phelps  Di,>\sc   Corporation

PERCY   S.  VERMILYA

Pnsident,  Vermilya-Browii  Coinjiaiiy,  Inc.

HENRY  S.  MORGAN

Morgan  Stanley  &  Company.   Inc.

W. PALEN CONWAY

Presi.Ient, Guaranly Trust Company of N.w York

ROWLAND  H.  W.KLVARK.     Executive   Vice-President
  1941: Page [1]