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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