The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
No. 8. P U B L IC D O CU M EN T. AN N U AL REPORT OF TH E \ O aU3 ' * * * * * * .......................... B oard of Commissioners SAYINGS BANKS. 1889 . BOSTON: WRIGHT & POTTER PRINTING CO., STATE PRINTERS, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 18 P ost Office Square . 1890. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 3.S.I WV38(o 5*1 • Commontouillh of Ifiassacbusctts O f f ic e of t h e B oard of C o m m issio n e r s of S a v in g s B a n k s , C o m m o n w e a l t h B u i l d i n g , B o sto n , Dec. 31, 1889. l o the Honorable the Senate and House o f Representatives in General Court assembled. The Board o f Commissioners o f Savings Banks, in accord ance with provisions o f law, have the honor to present herewith their fourteenth annual report, relating to the condition o f the Savings B anks and I nstitutions for Savings , Safe D eposit and T rust Companies, Co- operative Banks , L oan Companies, and M ortgage L oan and I nvestment Companies. A balance sheet o f each institution, showing its financial con dition Oct. 31, 1889, will be found in the succeeding pages. SAVINGS BANKS. The total number o f savings banks and institutions for savings is 177, an increase o f one over last year, viz. : — The Everett Savings Bank, incorporated March 1, 1889. The Shawme Savings Bank o f Sandwich, chartered in 1886, has not yet commenced business, and is not included in the above number. B anks in the H ands of K eceivers . Lancaster Savings Bank. Id The long-pending suit to recover funds on deposit in the Lancaster National Bank has been decided in favor o f the savings bank, and a final dividend, amounting probably to o https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis VI B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. seven per cent., will soon be paid, making a total dividend to the depositors o f sixty and one-third per cent. A statement o f its financial condition will be found on page 681. Reading Savings Bank. This bank was placed in the hands o f receivers in 1879. Many complications, legal and otherwise, have greatly delayed a final settlement, but all matters have now been settled or arranged for settlement, and a final account will undoubtedly be rendered within three months, and the affairs o f this bank closed up without further delay. A statement o f its financial condition will be found on page 682. Framingham Savings Bank. The injunction o f the supreme judicial court is still in force, the bank transacting all business except the paying and receiv ing o f deposits. The outlook for a speedy resumption o f busi ness and the consequent removal o f the injunction is very favorable indeed. All losses have been charged oft’, including those caused by the transactions o f C. C. Esty. The assets have been carefully examined, and there is no reason to doubt their present-named values, or to expect any further shrinkage. The statement or balance sheet, to be found on page 204, shows that the assets at the values named therein are sufficient to pay every deposit account in full. ‘It is confidently hoped and expected that this bank will resume business next May or June, and pay a dividend at that time. Union Savings B ank. The partial injunction placed upon this bank Oct. 1, 1888, made necessary by the actions o f its treasurer, who also held the position o f cashier o f the National Union Bank, doing busi ness in the same room and at the same counter as the savings © bank, will without question be removed May 1 next, and the depositors then receive the usual dividend. The loss to this bank arose principally from insecure loans, which appear to have been made to cover up fraudulent trans actions between the two banks ; but, appearing in legal form https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. vii and in the usual course o f business, no redress could be claimed o f the National Union Bank or any other party, and therefore the loss had to be sustained by the savings bank, necessitating a cessation o f three dividends, which is one less than this Board believed would be necessary when the irregularities between the two banks were first discovered. The suit against the National Union Bank to recover the value o f certain overdraft checks, the property o f the National Union Bank, placed in the savings bank by the late cashier, and referred to in our last report, has been decided in favor o f the savings bank, and the full value thereof ($30,562.00), with interest at the rate o f six per cent, (a total o f $32,452.49) has been paid to the savings bank. The depositors are to be con gratulated on the settlement o f this claim, and the recovery of the full amount with interest, thus saving a large loss to the bank, as well as preventing a delay o f at least one year in the resumption o f business. The statement o f condition or balance sheet o f this bank will be found on page 568, showing a very favorable and sound con dition. All the assets o f the bank o f every kind have bben closely scrutinized by the trustees, even to a personal examina tion o f every real-estate loan ; and nothing appears upon the statement which has not at this date its full value. It should be stated that a portion o f the loss accruing to this bank was caused by a re-rating o f the value o f the banking house. It was formerly carried on the books at $37,200; it now appears at $25,000, — a reduction or loss o f $12,200. This value is considered conservative. The building had been neglected for years, and was badly out o f repair ; certain repairs were imperative, and a small outlay was necessary in order to put the building in a safe and tenantable condition, which amount has been charged to expense. The banking room is now in good condition, and will not require any further outlay for some years to come. The bank will resume business under an almost entirely new board ot trustees and corps ot officers,— men o f financial strength, business ability, and having the unqualified confidence o f the community, — who are not identified officially with the National Union Bank, now occupying the same banking room. The business o f the savings bank is as distinct from the National https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis viii B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Union Bank in its methods o f transacting business, and its officers, as if in a separate building. The financial strength o f the bank and the ability o f the management entitle it to, and no doubt it will receive, the confidence and co-operation o f its depositors and the community. I ncrease of B usiness . W ithin the past year one savings bank and twenty-seven co-operative banks have commenced business, making a total under the supervision o f this Board o f — 177 savings banks and institutions for savings, with assets o f , ........................................... 93 co-operative banks, with assets of, 13 trust companies, with assets of, . . . 2 mortgage loan companies, with assets of, . 2 collateral loan companies, with assets of, . 2 savings banks in the hands of receivers, with assets o f , ........................................... 289 institutions, with assets of, . . . . $350,072,392 7,106,751 67,603,464 1,834,737 375,378 12 77 02 64 59 563,579 67 $427,556,303 81 an increase o f 28 institutions in number and o f $25,864,881.76 in assets over last year. Analytical Statement. DEPOSITS, WITHDRAWALS, ETC. Oct. 31, 1S89. Increase. Deorease. Number of open a c c o u n ts ,...................................... 1 ,0 2 9 ,6 9 4 4 6 ,4 9 2 - Number of d e p o s i t s , ............................................... 9 9 2 ,3 7 6 7 1 ,0 6 2 - Number of -w it h d r a w a ls ,...................................... 6 9 7 ,2 2 0 3 8 ,0 6 7 - Amount deposited (not including dividends), . $ 6 7 ,6 0 9 ,3 3 8 4 7 $ 6 ,6 0 5 ,3 8 0 62 Average of deposits...................................................... 68 13 1 92 - 6 2 ,5 8 7 ,5 4 9 77 1 ,7 8 7 ,1 9 5 60 - Amount withdrawn (including dividends), Average of w i t h d r a w a l s ,...................................... 89 77 - $ 2 47 Amount of expenses..................................................... * 8 2 7 ,6 1 9 26 4 4 ,4 6 0 44 - Total earnings.................................................................. 1 6 ,9 1 9 ,0 6 9 80 3 5 9 ,1 5 8 30 - Total ordinary dividends............................................ 1 2 ,3 5 9 ,5 1 8 48 3 2 6 ,9 1 9 57 - Total extra dividends................................................... 1 6 2 ,4 7 7 95 1 4 3 ,3 9 3 33 “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * Being 236-1000 of one per cent, of total assets. 1890.] PU B L IC DO CU M EN T — No. 8. ix This year shows the largest yearly increase in deposits and also in assets since 1875. • The increase in deposits for the year ending Oct 31, 1889, i s ...........................................• The increase in assets for the year ending Oct 31, 1889, i s ................................................... $17,538,618 02 18,865,525 53 The difference between these two amounts shows the increase in guaranty fund, undivided earnings, etc. The total assets o f the one hundred and seventy-seven savings banks o f this Commonwealth, $350,072,392.12, are exceeded by no other State except New Y ork, in which they are $615,889,796 ; but, when considered from the stand-point o f size and population, we surpass even that great State, inas much as the number o f deposit accounts are 1,029,694, against 1,362,852 in New Y ork, and the increase o f open accounts for the year exceed by 634 those o f New Y ork. It is also gratifying to note that on the same grounds we exceed the deposits o f the savings banks in Great Britain. The average deposit per capita o f population in our Common wealth, per census o f 1885, is $171.38 ; but this cannot be called strictly correct, for without doubt there are some deposits be longing to citizens o f other States. Aggregate Statement o f Liabilities and Investments, Showing Increase or Decrease as compared with the Year ending Oct. 3 1 , 1 8 8 8 . L ia b il it ie s . Percentage Amount Oct. 31, C l a s s if ic a t io n . 1889. Increase. Decrease. of Increase. Deposits, . . . Guaranty fund, . . . . . Undivided earnings, Sundry liabilities................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $332,723,688 59 $17,538,618 02 - .0556 10,920,231 29 1,170,673 31 - .1201 6,037,372 56 90,376 48 - .0152 391,099 68 65,857 72 - .2025 $350,072,392 12 B A N K C O M M ISSIO N ERS’ R E P O R T . X [Jan I nvestments. r <+Amount C l a s s if ic a t io n . * Increase. ws Decrease. Oct. 31,1869. 00 ^ „■> e § 2 pH Ü $41,643,023 44 Public funds, 458,670 00 Loans on public funds, 27,815,381 48 Bank stock, 1,572,199 50 Loans on bank stock, 29,079,805 71 Railroad bonds, . $897,818 46 403,812 76 3,374,154 11 Loans on railroad bonds, . 246,040 00 Loans on railroad stock, . 679 835 00 398,375 00 3,825,000 00 375,000 00 2,504,812 44 24,972 27 Railroad notes, . Real estate purposes, O 2co ®• fcX S «1 s ! < - - .0220 Ph - H .1189 .0173 .0013 - .0147 .0795 88,834 33 .0535 .0045 $8,095 88,560 00 .1313 .0831 .2647 .0007 - * .0019 - .1087 .0109 .0101 .0071 for banking 1,753,937 92 Real estate by foreclosure, - 196 595 17 .1008 .0050 134,936,534 41 7,610,258 27 - .0598 .3855 Loans on personal secur ity.......................................... 83,390,705 21 3,224,794 01 - .0415 .2383 Loans to counties, cities and towns, 8,703,368 64 39,195 43 - .0045 .0249 359,187 59 47,022 13 - .1507 .0010 .1671 .0018 .3148 .0356 Loans on real estate,. Loans on books, . Sundry assets, depositors’ . . . 648,383 94 . - 130,045 48 Cash on hand : — In banks, on interest, . $11,265,078 41 In banks, not on interest, 543,826 15 In office, 646,602 28 . 12,455,506 84 $350,072,392 12 * 2,982,253 07 - One hundred and forty-one per cent. The range o f investments as now allowed by statute to our savings banks is sufficiently broad to be in keeping with good conservative management, where safety and not the largest possible revenue is the principal guide and aim in placing these trust funds. One or two changes might be made, however, to advantage ; viz., under the statutes, savings banks can invest in the bonds o f certain cities in certain States, provided they are issued for municipal purposes. Many o f these cities did issue bonds for other than municipal purposes, and the purpose was stated in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O C U M E N T — No. 8. xi the body o f the bond ; some o f these bonds have matured and been paid by a renewal o f the bond, but the purpose formerly stated has been omitted in the renewal, and therefore they apparently appear as issued for municipal purposes, when in fact they were not. Thus this Board and the officers o f the banks are often greatly embarrassed in ascertaining what was issued for municipal purposes and what was not. Various other complications enter into this subject, conflicting with the implied purpose o f the law. The restrictions placed upon this class o f investments — limit o f population and especially the limit o f indebtedness — seem sufficient. The pledge o f the credit o f the city under these restrictions would appear to be ample security, without naming the particular purpose for which the bond was issued. W e recommend that the words “ for municipal purposes” be stricken from the law, and suggest that the words “ issued according to law ” be added, and the unquestioned pledge o f the credit o f the city or town be required. I n v e st m e n ts . The largest increase in particular lines o f investments is in railroad bonds, loans on personal security, and loans on real estate. The nearest approach to the legal limit o f any investment is in that o f loans on personal security, which now averages nearly twenty-four per cent, o f deposits and income, the limit being thirty-three and one-third per cent. By reference to the law (section 20 o f chapter 116, Public Statutes), it will be observed that this line o f investment was intended to be the exceptional one ; but it has proved in many cases to be the favorite, presumably because it has supplied the opportunity for loaning money by our banks which could not be obtained o f them in any other way. During the past three years the losses in the savings banks have been greater through this class o f investments than in any other. Safety should be the governing principle in the invest ments o f our savings banks ; they are trust funds, and should not be placed at any business risk. The amount loaned on personal security with collateral is 138,137,349 25 The amount loaned on personal security without collateral is 45,253,355 96 Total, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $83,390,705 21 xii B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Cash on hand, the reserve fund o f the savings banks, amount ing to $12,455,506.84, is nearly $3,000,000 more than last year, yet is but three and one-half per cent, o f the entire assets, which is no more than should be on hand, in order to meet any immediate demand for payment o f deposits. O f this , amount, but $1,190,428.43, one-third o f one per cent, o f the total assets, is actual cash on hand or money in banks not drawing any interest; the balance, $11,265,078.41, slightly rising three per cent., is on deposit in banks drawing interest at from two to four per cent. National banks are required to carry a reserve o f not less than fifteen per cent., which consists almost entirely o f cash on hand or bank balances, to meet the demands o f their depositors. It will be observed that the savings banks carry but onefourth as much reserve as national banks are required t o ; it is not necessary that they should carry as much, as they are not called upon to be prepared for the sudden changes and demands for money as in business circles. The present amount o f cash reserve in our savings banks does not appear any too large, or indicate an unwarranted amount o f funds awaiting permanent investment. Rates o f D ividends, Showing Comparisons with Oct. 3 1 , 1 8 8 8 . Ordinary Dividends paid during the Year ending Oct 31,1839. 7 savings banks or institutions for savings paid 5 Increase. Decrease. percent., 1 21 6 138 1 4X 3 7 4 . 3 Same as last year. 3 savings banks did not declare any dividend.* 177 * The Framingham Savings Bank and Union Savings Bank of Fall River, which are under injunction; and the Everett Savings Bank, which has but recently commenced business. Total amount of ordinary dividends for the year, Total amount of extra dividends for the year, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . . $12,359,518 48 162,477 95 1890.] PU B LIC DO CU M EN T — No. 8. xiii D ividends . The average dividend paid upon deposits is four and eight one-hundredths per cent. A computation o f the earning capacity o f investments made in the bonds o f railroads, cities and towns, shows it to be three and five-eighths per cent, at their present market value. Deposits in savings banks are very closely allied to these classes o f investments, hence can very properly be compared thereto ; and the comparison is in favor o f the savings banks, or perhaps it can be better stated that the savings banks are paying a higher rate o f revenue to-day than like investments are earning and paying. This is due very largely to fortunate investments in bank stock, and the purchase, many years ago, at low figures, o f bonds bearing a high rate o f interest. Some o f these bonds are now maturing, and others will in the near future, and are being paid or likely to be at maturity by renewal at a rate netting but three and five-eighths per cent., thus greatly reducing the revenue. The attempt to pay large dividends would naturally tend to risk the funds in investments for the sake o f large returns. It 'should not be expected that savings banks can or would pay a larger rate o f dividends than money will earn invested in a like manner elsewhere. High rates o f dividends attract deposits from that class o f people for whom savings banks are not designed, and who are able and have had sufficient experience to take care o f their own investments; these deposits are the first to be drawn out whenever a good opportunity for investment is presented, and at a time which yields a full return to the depositor. Such deposits cannot be looked upon as profitable, especially when the earning capacity o f money is three and five-eighths per cent., and the rate o f dividend paid slightly exceeds four per cent. The earning capacity o f money has been steadily lowering, and a fair inference is that soon, if not already, as good reasons will exist for a lower rate o f dividends as did exist when for merly reduced. In view, therefore, o f these facts, the paying o f large dividends is certainly to be discouraged; and it is a serious question whether it is not wise to forecast the future, and prepare for a lower rate o f dividends by our savings banks. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xiv B A N K CO M M ISSIO N ERS’ R E P O R T . Calling in of [Jan. D epositors’ B ooks . The calling in o f the books o f the depositors for verification, under the requirements o f the following act o f the Legislature o f last year, has been complied with. [C h a p . A n A ct r e q u ir in g s a v in g s 40, A cts banks of and 1888.] in s t it u t io n s for s a v in g s to C A L L IN T H E IR BOOKS OF D E P O S IT A T STATED IN T E R V A L S . Be it enacted, etc., as follow s: During the year eighteen hundred and eighty-nine and every third year thereafter, savings banks and institutions for savings shall call in the books o f deposit o f their depositors for verification in such manner as their respective boards o f trustees may elect. [.Approved February 1 6 , 1888 . Am ong some o f the banks it has been done in a very thor ough manner, and proved very satisfactory. The most effective method adopted was as follows : A person was employed to be at the banking room for a month (or for the period during which the bank had advertised for the books to be brought in or had sent circulars to the last known address o f the dep ositor), who was empowered to receive the books and compare them with the accounts o f the bank before any other officer saw them. A record o f the number o f the book and the amount to its credit was taken, and a full report made to the trustees. By this method it will be observed that no possible chance existed for deception by any officer. The results have proved very gratifying to treasurers, clerks and trustees, both as to method and errors. This method was not generally used, still, in many cases it was in a modified way. The most common manner was an examination by the treas urer or clerk s; and, while it verified the books and accounts by the same ones who very likely made the original entry, it cannot be said that the results were proven as conclusively as by the method mentioned above. No returns have been made or asked for as to the number o f books presented ; but verbal statements made to the members o f this Board at the usual examinations indicate a very fair response to the request for the presentation o f books. One o f the smallest banks stated that all but three accounts had been verified ; another, 1,100 out o f 1,800 books had been veri- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] PU B L IC D O CU M EN T — No. 8. xv tied ; still another states that out o f 14,000 depositors’ books 11,702 had been presented for verification, and that o f the total o f $2,500,000 o f deposits only $140,000 remained not verified. One o f the largest institutions in the Commonwealth stated that there had been presented for verification 14,467 depositors’ books out o f a total o f 24,722 ; o f these 14,467 books, 2,981 were for accounts opened prior to 1876. These illustrations show a fair average o f what has been accomplished where any special effort was made, and would seem to be sufficient to detect systematic fraud, if any existed. Classification of D eposits . Table o f Deposits received durinq the Oct. 3 1 , 1 8 8 9 . DEPOSITS. Year endinq Xumber. Amount. 740,199 128,960 56,698 48,217 12,842 9,460 $14,095,872 10,258,926 8,924,190 15,231,731 9,099,304 9,999,312 ........................................... 992,376 $67,609,338 47 To the credit — Of women, both adult and minor, . Of guardians,.................................................... Of religious and charitable associations, In t r u s t , ............................................................ 434,219 2,780 9,853 54,218 $29,303,801 615,613 1,219,431 5,557,237 Of $50 and l e s s ,................................................... Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, Of $1,000 or m o r e , ........................................... Total, . 66 66 85 43 76 11 83 39 34 63 The above statement, which appears this year for the first time, is very interesting, and conclusive in its results, as it clearly indicates the class o f people who patronize our savings banks, and well sustains the position taken by this Board on the subject. The average o f new deposits for the year, as shown by these figures, is but $68.13. The average o f individual deposits is really less than this amount, for these reasons : in the total amount returned are a great many transferred accounts treated as new deposits ; these accounts represent money deposited https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis XVI B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. years ago, which has been allowed to accumulate, and on the decease o f the original depositor has been transferred to his or her h eirs; these are but the original deposit with the accumulations, and being placed to the credit o f another person, are treated as new accounts, and thus swell improperly the amount o f new deposits. These transferred accounts are very generally above $500 ; the total amount we are not able to state, as full returns have not been made to us o f them, but it is sufficiently large to materially affect and reduce the average o f individual deposits. The incomplete data in our possession shows that in thirty-five banks which have made returns o f these transferred accounts, out o f $1,259,055.43 so transferred, $1,030,977.81 exceeded $500. Further deductions must be made o f deposits made to the credit o f religious and charitable institutions, amounting to $1,219,431.34; also those made by orders o f probate courts, and a portion o f the trust deposits. Particular attention is called to the average of new deposits o f $50 and less, also to the large number o f such deposits, — 746,199, — which is three-fourths o f all the deposits made, transferred accounts and all. It is not to be understood that each deposit represents a depositor, for several deposits may be made on an account during the y e a r ; but when we consider that at this date there are 1,029,694 open accounts on the books o f our savings banks, an account for every two persons o f the entire popula tion ; and that o f the 992,376 deposits made this year there were 746,199 deposits of $50 and less, averaging 870,159 deposits of $100 and less, averaging 926,857 deposits of $200 and less, averaging . . . . . . . . $18 89 27 99 35 91 this last number being 93 per cent, o f the w h ole; and the further evidence that o f the 992,376 deposits, 434,219, a trifle less than one-half in number, and in amount $29,303,801.83 o f the total o f $67,609,338.47 deposited, were made by women, we have the undeniable evidence that our savings banks are used by the people, for whom they were designed and by whom they are maintained. Additional force is given to this state- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O C U M E N T — No. 8. xvii ment by these fa cts: the average amount to the credit o f these 1,029,694 deposit accounts is $323.13, and per capita o f pop ulation is $171.38. The compilation o f these returns has entailed upon the bank officers much additional labor and expense. The purpose o f the law evidently being accomplished, it seems unnecessary to compile these figures every year, as in the future they will be but statistical. W e recommend, therefore, that they be required not oftener than once in five years. D eposits to the Credit oe G uardians . W e respectfully recommend for your consideration the sub ject o f allowing deposits to be received and placed to the credit o f guardians to a larger amount than is now provided by statute. The present limit is $1,000. The limit o f deposits ordered by courts has been removed, and it might very prop erly be removed so far as relates to the deposits o f guardians, who are, to a certain extent, under the orders o f the courts. S chool S avin g s B a n k s . In an adjoining State a system o f school savings banks has been inaugurated, the reports o f which are quite flattering. In L ong Island City the report shows in six schools a weekly deposit one year ago o f $232.18, the corresponding week o f the present year o f $247.80; their total deposits at present date amounting to $17,449.11. Some sixty school savings banks are now in existence in this country. The great advantage to be derived from this system, aside from educating the children that “ the habit o f saving is an essential part o f a true, practical education,” is the ready opportunity and easy method it affords for placing their small savings (pennies) on deposit. It is hardly practicable for our savings banks to receive on deposit a single penny, and enter it through all its system o f accounts, as the expense attending the opening o f these accounts would exceed the profits derived therefrom ; but, where these small savings are accounted for in the savings banks through the agency o f a teacher in his or her capacity as a teacher, the multiplicity o f accounts is avoided, and the benefits to the children accomplished. W hen an https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis xviii BANK CO M M ISSIO N E R S’ R E P O R T . [Jan. account amounts to a stipulated sum, say fifty cents or one dollar, then it might be assumed by the bank. Much has been said about affording the people, as well as children, an easy method o f making small deposits, and so afford every opportunity possible for the saving o f that which might be wasted for the lack o f place and method. Postal savings banks have been suggested. No doubt there are great advan tages to be derived from postal savings banks, particularly in that section o f our country where there are but few, if any, savings banks; but it must not be lost sight of, that, besides encouraging savings and affording opportunities for such accu mulations, one great benefit o f our savings banks system is, that its investments are made so as to afford the greatest benefit to home industries; the accumulations are invested at home, and supply the capital which gives the opportunity for further savings. Nearly seven-eighths o f the investments o f our savings banks, three hundred and fifty millions o f dollars, are invested so as to directly benefit our own people. The deposits in United States postal savings banks would o f course be taken away from each locality and deposited in the treasury at W ashington; and thus one o f the leading features and bene fits o f our savings banks system — investing at home — would be defeated. It is also a question whether the methods which our United States government would be obliged to adopt, in order to properly protect itself and the depositor, would be such as to commend themselves as easy methods o f deposit and with drawal, particularly as relates to withdrawals. Experience in United States matters indicates slow methods and great d ela y ; this certainly would defeat one o f the main objects claimed. School savings banks, in preference to postal savings banks, — and the plan need not be limited to schools, but may be ex tended in other channels, like temperance societies and similar organizations, — seem to afford every requisite necessary for the purpose suggested; viz., affording every facility possible for depositing the smallest amount. The only legislation needed is the recognition o f such agency for deposits, and pro viding for payment to successors in office o f the agent, or direct to the depositor in certain cases. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. xix MORTGAGE-LOAN COMPANIES. The two mortgage-loan companies placed under the super vision o f this Board two years ago have been examined as carefully and thoroughly as it is possible to do in any company whose business is principally transacted outside this Common wealth. The examination was mostly made by an expert selected by this Board, but no examination was made o f their agencies or offices at the W est, where the loans are originally made. In view o f the fact that similar companies doing business in this Commonwealth, though chartered by other States, are under the supervision o f a commissioner appointed by this Commonwealth, who does visit and examine their agencies and their loans, we recommend that these two companies, and others which may be chartered in the future under the provi sions o f chapter 387 o f the Acts o f 1888, be placed under the supervision o f the commissioner o f foreign mortgage corpora tions. • TRUST COMPANIES. The total number transacting business remains the same as last year; viz., thirteen, with assets including trust funds o f $67,603,464.02, — a gain for the year o f $4,621,828.20. These trust companies continue to grow in financial strength, standing and value as State banking institutions. They also occupy a very high and important position as a medium for transacting matters incidental to a banking business, and o f such a range, diversity and importance as to give them high rank throughout the country. W ith the present year closes their right to engage in the business o f negotiating or dealing in Western farm mortgages, — a feature o f their business which has attracted attention, and caused some apprehension. Three trust companies chartered during the past two years will commence business during the coming year, probably very soon. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis XX B A N K C O M M IS S IO N E D ’ R E P O R T . [Jan. CO-OPERATIVE BANKS. •owth o f these banks since their inception in 1877 : yeai' ending Oct. a “ Oct. » » Oct. u » Oct. u “ Oct. (C “ Oct. it “ Oct. it “ Oct. “ “ Oct, a “ Oct. a “ Oct. Total, 31,1877, 31, 1880, 81, 1881, 31, 1882, 31, 1883, 31, 1884, 31, 1885, 31, 1886, 31, 1887, 31,1888, 31,1889, . . . • . . . . . . . 10 6 4 4 1 1 6 9 12 13 27 . 93 A t the commencement of the financial year, Nov. 1, 1888, there were 66 co-operative banks, with assets o f $5,505,112.17 ; and at the close 93 banks, with assets of $7,106,751.77, — a growth of 27 during the year, being an increase o f nearly fifty per cent., the largest in any one year since such institu tions were established. This large increase will be looked upon with some apprehen sion, and may well demand careful consideration and attention. Under the statutes, any twenty-five persons can organize and establish one o f these institutions ; and it is therefore not sur prising that, under the present wave o f popularity surrounding them, there should spring up a general desire for such banks, and, without proper considerations, an application is imme diately made for a charter ; and so possibly a bank is unwisely started, located perhaps too near a neighbor, or in a locality where a sufficient number are already in existence. Such instances have come to the notice o f the Board during the phenomenal growth o f the past twelve months ; and, in connection with other matters growing out o f this rapid growth, we feel it necessary and incumbent upon us to call your atten tion to it, and recommend that proper legislation be had, look ing to the restriction o f these banks. These are institutions o f great value, affording assistance and educating the people, in many cases, to save, and build for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O C U M E N T — N o. 8. xxi themselves homes which would not be accomplished in any other way. They are practically compulsory savings banks, and to some furnish or rather supply the necessary intellectual effort to accumulate, thus aiding to carry out the idea o f helping people to help themselves. The policy o f our Commonwealth in establishing and restrict ing savings banks should be exemplified in its relation to the co-operative banks, as they are closely allied. Another matter requiring legislation is the supervision, restriction or prevention o f foreign chartered companies trans acting a business in this Commonwealth similar to that o f the co-operative banks. Legislation affecting such companies was had last year, but was ineffectual. Chapter 452, Acts o f 1889, is as follows : — Ax A ct relative to the carrying on of the business of savings and C O -O P E R A T IV E B A N K S , A N D O F B A N K IN G , M O R T G A G E L O A N A N D IN V E S T M EN T A N D TRU ST BUSINESS. Be it enacted, etc., as follow s: Section 1. No person or corporation shall carry on the business of receiv ing deposits under the name of a savings bank or institution for savings1, and no person or corporation shall carry on the business of accumulating the savings of its members and loaning to them such accumulations under the name of a co-operative bank within this Commonwealth, unless incor porated under the laws thereof for such purpose; but this section shall not prevent such a bank or institution, incorporated under the laws of another state, from loaning money upon mortgages of real estate located within this Commonwealth. Sect . 2. No person and no corporation established under the laws of another state or country shall carry on a banking, mortgage loan and investment or trust business within this Commonwealth in or under a name previously to his or its carrying on the same in lawful use by a corporation established under the laws of this Commonwealth, or so nearly identical with a name so in use as to mislead. Sect. 3. Whoever violates any provision of the preceding sections shall be punished by a fine not exceeding one thousand dollars ; and any provi sion thereof may on petition be enforced by injunction issued by a justice of the supreme judicial court or of the superior court. [Approved June 7, 1889. The evident intent o f the maker o f this law was to prevent such corporations transacting business in this Commonwealth ; but it did not accomplish that result. Under this law such companies can do business in this Commonwealth, provided the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis B A N K C O M M ISSIO N ERS’ R E P O R T . XXII [Jan. word “ co-operative” or “ savings” is not a part of their cor porate name. Their manner o f business is not affected at all. W e recommend, in order to make this law effectual, that the words “ or in the manner,” be inserted after the word “ name ” in the second line o f section one, also after the word “ nam e” in the fifth line o f the same section. Analytical Statement o f the Co-oyerative Banks, Showing Comparisons with L ast Year. O c t . 31, 1888. Number of shares in force, O c t . 31, 1889. INCRKASK. 184,598 248,268 63,665 Number of members, 27,948 37,289 9,346 Number of borrowers, 4,870 6,146 1,276 $5,505,112 17 $7,106,751 77 $1,601,639 60 Total assets, . • . LOAN COMPANIES. But two companies chartered for the purpose o f loaning money on pawn are transacting business; viz., The Collateral Loan Company and The W orkingm en’s Loan Association, both located in the city o f Boston. Each has in its charter a pro vision requiring the appointment o f a State and city director, the duties o f which, as far as this Board is aware, are not prescribed either by statute or by-law o f the company or association. In view o f the fact that one o f these companies is required under certain circumstances to distribute a part o f its gains, or, as expressed in its charter, “ to be doled in fuel to the needy,” which requirement does not appear to have been complied with, it would seem proper that the State director should make a report yearly, in relation to the company with which he is connected. Evidently it was the purpose o f the law to provide for a measure o f State co-operation through its State director; therefore in some way it should be made manifest and o f value. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. xxm CONCLUSION, The published annual report o f this Board is now quite large and cumbersome, and increasing rapidly in size each year, owing to the increase in number o f the institutions under the supervision o f this Board. For the convenience o f all parties interested, we recommend that hereafter the portion relating to co-operative banks be published separately, and such edition be limited to one thousand five hundred copies. During the year it has been necessary upon several occasions to consult the law department o f the Commonwealth, and the Board desires to express its obligation to the attorney-general and his assistants for valuable counsel and advice. In the appendix will be found the statutes covering savings banks, co-operative banks, trust companies and mortgage-loan and investment companies, corrected and compiled to date. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E D W A R D P . C H A PIN , S T A R K E S W H IT O N , W A R R E N E . L O C K E , .. Commissioners o f Savings Banks. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ABSTEACT OF ANNUAL EEPOETS OF TH E SAYINGS BANKS AND INSTITUTIONS FOB SAYINGS, S H O W IN G T H E IR CONDITION AT THE CLOSE OF BUSINESS O ctober 31, 1889, M ade in Conformity https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to the Requirements A cts of 1888. of Chapter 127 of the 2 BANK CO M M ISSIO N E R S’ R E P O R T . [Jan A B IN G T O N SA V IN G S B A N K — A B IN G T O N . Incorporated 1853. Present number of corporators, 72. O tis W . S o u l e , President. G e o . A. B e a l , Treasurer. G eo . A. B e a l , Clerk o f the Corporation. Names of committee charged with the investment of its funds : S il a s B. D ic k e r m a n , O t is W . S o u l e , W il l ia m B r o w n , B e l a T. N a s h , J o se p h L. G r e e n w o o d , J o h n W . Sp r o u l . Open for business every business day, 9 B alance a .m . Sh e e t , O ctober to 12 m ., and 1 to 4 p . m . 31, 1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking purp o s e s ) ,.................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,................................... Deposits in banks, on interest, . Expense account, Lawrence Duck Co. stock,* Individual taxes paid, Furniture and fixtures, Store fixtures................................. Cash on hand, . . . . $103,000 133,550 9,425 127,000 00 00 00 00 54,000 7,557 912,024 57,120 00 55 19 00 39,000 53,114 247 9,210 91 1,000 1,000 1,520 00 36 01 84 07 00 00 31 Deposits, . Guaranty fund, Interest account, Real estate income account, $1,508,860 33 * Taken $1,435,628 27 50,000 00 22,258 69 973 37 $1,508,860 33 to secure indebtedness. Cash on Deposit in Banks, amount in each : — National Bank of Redemption, Boston, Abington National Bank, Abington, $31,387 21 21,727 15 Loans on Bank Stock, amount on each: — On On On On On On 100 shares Fourth National Bank, Boston, 10 shares First National Bank, Rockland, 2 shares First National Bank, Rockland, 3 shares Abington National Bank, Abington, 2 shares Abington National Bank, Abington, 1 share Abington National Bank, Abington, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $8,000 800 160 250 150 65 00 00 00 00 00 00 1890.] 3 P U B L IC D O CU M EN T — No. 8. Detailed Statement of Public Funds. Par Value. Town of Abington, Mass., 4s, . of Abington, Mass., 4^s, City of Bangor, Ale., 6s, . of Boston, Mass., 4s, of Boston, Mass., 6s, of Cleveland, Ohio, 7s, . of Dayton, Ohio, 6s, of Fall River, Mass., 6s, . of Fort Wayne, Ind , 6s, . of Grand Rapids, Mich., 5s, of Grand Rapids, Mich., 8s, of Holyoke, Mass , 7s, of Portland, Me., 6s, of Springfield, Ohio, 5s, . of Springfield, Ohio, 4±s, . $17,000 1,000 10,000 15,000 1,000 2,000 1,000 25,000 5,000 3,000 1,000 '5,000 7,000 5,000 5,000 $103,000 * Legal investments when Estimated Market Value. $17,510 1,000 10,800 15,000 1,095 2,235 1,090 32,850 5,900 3,337 1,150 5,150 8,750 5,675 5,550 00 00 00 00 00 00 00 00 00 50 00 00 00 00 00 Amount Invested. $17,000 1,000 10,000 15,000 1,000 2,000 1,000 25,000 5,000 3,000 1,000 5,000 7,000 5,000 5,000 00 00 00* 00 00 00 00 00 00 00 00 00 00* 00 00 $117,092 50 $103,000 00 made. No. of Shares. Detailed Statement o f Bank Stocks. 66 74 75 12 25 19 59 40 38 50 50 68 150 100 100 38 22 32 110 45 50 10 32 33 47 Par Value. Abington N’l Bank, Abington, Boston Nat’l Bank, Boston, . Blackstone N’l Bank. Boston, Central. Nat’l Bank, Boston, . Continental N’l Bank, Boston, Nat’l Eagle Bank, Boston, Eliot National Bank, Boston, First National Bank, Adams, . First National Bank, Danvers, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Metropolitan N’l B’k, Boston, Alt. Yernon N’l Bank, Boston, North National Bank, Boston, Old Colony N’l B’k, Plymouth, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, Second Nat’l Bank. Boston, . Shoe & Leather N’l B’k,Boston, State National Bank, Boston,. Third National Bank, Boston, Nat’l Webster Bank, Boston,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $6,600 7,400 7,500 1,200 2,500 1,900 5,900 4,000 2,850 5,000 5,000 6,800 15,000 10,000 10,000 3,800 2,200 3,200 11,000 4,500 5,000 1,000 3,200 3,300 4,700 $133,550 Estimated Market Value. $8,316 9,028 8,456 1,623 3,062 1,957 7,758 6,000 3,420 4,925 6,300 8,160 16,500 14,450 10,400 5,301 3,058 4,800 14,795 7,515 8,750 942 3,872 3,448 4,700 00 00 25 00 50 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 00 50 00 50 00 $167,538 25 Amount Invested. $6,600 7,400 7,500 1,200 2,500 1,900 5,900 4,000 2,850 5,000 5,000 6,800 15,000 10,000 10,000 3,800 2,200 3,200 11,000 4,500 5,000 1,000 3,200 3,300 4,700 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $133,550 00 4 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R R. 4s, Boston & Maine R.R. 4 s,. Boston & Maine R.R. 7 s,. Eastern R.R. 6s, . . . Fitchburg R.R. 5s, . Leeds & Farmington R.R 6s, . Nashua & Lowell R R. 6s, New Bedford R.R. 7s, Old Colony R.R. 7s,. Old Colony R.R. 4s,. Portland & Ogdensburg R.R. 6s, $22,000 24,000 10,000 25,000 5,000 1,000 5,000 2,000 8,000 20,000 5,000 $127,000 *A Estimated Market Value. $22,990 25,920 11,200 31,750 5,400 1,125 5,350 2,260 9,060 21,800 5,900 00 00 00 00 00 00 00 00 00 00 00 $142,755 00 Amount Invested. $22,000 24,000 10,000 25,000 5,000 1,000 5,000 2,000 8,000 20,000 5,000 00 00 00 00* 00 00 00 00 00 00 00 $127,000 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $6,500 00 53.114 36 45,000 00 Rate. Amount. Rate. Amount. Rate. 0 per cent. 24 “ $13,000 00 238,800 00 4,000 00 4£ per cent. 5 $93,800 00 616,469 19 54 per cent. 6 “ 4 “ Amount invested in real estate for banking purposes, . . . . . $54,000 00 Estimated value of the same,................................................................................. 54,000 00 Assessed value of the same..................................................................................... 39,000 00 Net income received from same during year ending Oct. 31, 1889, 1,835 78 Value, by books, of other real estate, held by foreclosure or otherwise, 7,557 55 Assessed value of the s a m e ,................................................................................. 8,875 00 Net income received from same during year ending Oct. 31, 1889, 95 67 Number of loans which are of an amount not exceeding $3,000 each, . 654 Aggregate amount of the s a m e , ........................................................................ 649,319 19 Total number of loans upon real e s t a t e , ............................................. 661 Amount of investments from which no income is received............................... 6,500 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889...................................................................................... 78,099 32 Rate and amount of each semi-annual dividend during the ) 2;} per cent., f 30,100 96 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2^ per cent., 1 30,833 81 Times for the dividends fixed by the by-laws : first Tuesday in April and October.' Number of accounts opened during the 3rear ending Oct. 31, 1889, . 358 Number of accounts closed during the year ending Oct. 31, 1889, . 311 Total number of open accounts Oct. 31, 18S9, . . . . 3,404 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),..................................................................................................................... 3,349 79 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 5 P U B L IC D O CU M EN T — No. 8. Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... Number of s a m e , ................................................................................. Amount of withdrawals, including dividends, during the year ending Oct. $185,868 00 183,455 94 31, 1889...................................................... ..................................................... Number of s a m e , ................................................................................ 1,845 Date of examination by commissioner: October 18. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 1,268 $28,547 88 286 24,245 93 157 24,917 50 119 42,358 51 38 38 27,798 18 38,000 00 1,906 $185,868 00 not ber. To the credit — Of women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust, . . . . not not less Co m m on w ealth op Amount. 993 9 $84,979 22 1,617 50 4 111 124 00 21,462 71 M a s sa c h u s e t t s . P lym outh , ss ., N ov . 12, 1889. Personally appeared George A. Beal, Treasurer of the Abington Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, G r a n v il l e R. F a r r a r , Justice o f the Peace. 9 P lym outh , ss ., N ov . 15, 1889. Personally appeared Otis W . Soule, President, and Silas B. Dickerman, Bela T. Nash, W m . Brown, John W . Sproul and Joseph L. Greenwood, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis G r a n v il l e R. F a r r a r , Justice o f the Peace. 6 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. AM H E R ST S A V IN G S B A N K — AM H ER ST . Incorporated 1864. Present number of corporators, 13. E. F. C o o k , President. E. D. B a n g s , Treasurer. G eo rg e C u t l e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds : E. F. C o o k , W . E . Br i d g m a n , B. F. K e n d r i c k , L. D . H i l l s . Open for business every business day, 9 B alance a .m . to 12 m . ; 1.30 to 4 31, 1889. Sh e e t , O ctober A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad stocks, . Real estate (for banking pur poses), .................................... Loans on real estate,. Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Loans on depositors’ books, Deposits in banks, on interest, . Deposit in bank, not on interest, Cash on hand, . . . . p .m . L ia b il it ie s . $96,000 125 215,443 11,600 95,000 1,000 00 00 51 00 00 00 Deposits, . Guaranty fund, Profit and loss account, . $1,203,234 66 40,936 00 43,480 02 15,000 00 669,100 00 91,069 00 42,450 950 44,777 5,000 135 00 00 60 00 57 $1,287,650 68 $1,287,650 68 Cash on Deposit in Banks, amount in each : — First National Bank, Northampton, . . . . . First National Bank, Amherst..................................................... . $20,000 00 29,777 60 Loan on Public Funds : — On $500 United States 4 s , ............................................. 00 Loans on Bank Stock, amount on each : — O O © cm" 00 1,000 00 <I . *. 2,500 00 400 00 300 00 500 00 00 o © ©^ O o On 20 shares Northampton National Bank, Northampton, . On 10 shares First National Bank, Amherst, On 10 shares Palmer National Bank, Palmer, On 15 shares First National Bank, Amherst, On 4 shares Third National Bank, Springfield, . On 3 shares Northampton National Bank, Northampton, . On 5 shares Palmer National Bank, Palmer, On 28 shares Ware National Bank, Ware, . On 21 shares City National Bank, Worcester, . . . 00 Loan on Railroad Stock: — On 10 shares Boston & Albany Railroad, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . . 1890.] P U B L IC D O CU M EN T — No. 8. 7 Detailed Statement o f Public Funds. Par Value. City of Nashua, N. H., 6s, of Bangor, Me., 6s, . of Fall River, Mass., 6s, . Town of Clinton, Mass'', 4s, of Beverly, Mass., 4s, . of Rutland, Vt., 4s, of Pawtucket, R. I., 5s, . $15,000 20,000 8,000 20,000 10,000 20,000 3,000 $96,000 *A Estimated Market Value. $16,200 22,000 8,960 20,800 10.400 20.400 3,330 00 00 00 00 00 00 00 $102,090 00 Amount Invested. $15,000 20,000 8,000 20,000 10,000 20,000 3,000 00 00* 00 00 00 00 00 $96,000 00 legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 65 First Nat’l Bank, Amherst, 50 First National Bank, Barre, . 23 Suffolk N atl Bank, Boston, 10 N ’l Hide & Leather B’k, Boston, 80 N1 B’k of the Republic,Boston, 68 Conway Natl Bank, Conway,. 94 First JN1 Bank, Fasthampton, . 56 F ranklin Co.N’l B’k,Greenfield, 100 Holyoke Nat’l Bank, Holyoke, 75 City N atl Bank, Holyoke, 133 Northampton N’l Bank, North ampton, . . . . 130 Hampshire Co.National Bank, Northampton, 129 First N’l Bank, Northampton, 5 Berkshire N’l B’k, No. Adams, 30 Nat’l Bank of Commerce, New London, C t.,. 100 First Natl Bank, Norwich, Ct., 125 Second N1 B’k, Norwich, C t.,. 117 Thames N’l B’k, Norwich, Ct., 38 Palmer Nat’l Bank, Palmer, . 116 Agawam N’l B’k, Springfield, 100 Chapin N1 Bank, Springfield, 84 Crocker N1 B’k, Turner’s Falls, 8 Ware National Bank, Ware, . 40 City Nat’l Bank, Worcester, . 25 Citizens’ N’l Bank, Worcester, 10 Mechanics’ N’l B’k, Worcester, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Par Value. Estimated Market Value. Amount Invested. $6,500 5,000 2,300 1,000 8,000 6,800 9,400 5,600 10,000 7,500 $9,750 5,500 2,691 1,200 12,000 8,160 14,100 6,272 16,000 8,400 13,300 23,275 00 13,504 00 13,000 12,900 500 15,600 00 17,415 00 500 00 15,383 00 17,176 00 500 00 3,000 10,000 12,500 11,700 3,800 11,600 10,000 8,400 800 4,000 2,500 1,000 3,660 10,000 15,625 17,550 5,510 13,920 14,500 11,760 960 5,400 3,125 1,250 3,660 10,000 14,825 16,101 5,306 14,450 12,703 8,664 988 5,120 3,062 1,250 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $9,575 5,000 2,771 1,107 10,095 7,943 10,928 6,430 10,800 8,100 00 00 62 00 50 00 00 00 00 00 00 00 00 00 50 00 00 39 00 00 50 00 $181,100 $244,123 00 $215,443 51 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Detailed Statement o f Railroad Bonds. Par Value. New London Northern R R. 7s, Fitchburg R R os, . Fitchburg R.R. 4-is, . . . . Boston, Revere Beach & Lynn R.R. 6s, Boston & Lowell R.R. 4s, $25,000 25.000 10.000 25.000 10.000 $95,000 Estimated Market Value. $28,000 26,250 10,000 28,750 10,500 00 00 00 00 00 $103,500 00 Amount Invested. $25,000 25.000 10.000 25.000 10.000 00 00 00 00 00 $95,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Rate. Amount. Rate. Amount. $24,777 60 20,000 00 30,000 00 3 per cent. 4 “ 4i “ $40,700 00 633,022 00 24,000 00 4| per cent. 5 “ 5k “ $81,738 00 6,834 00 Rate. 6 per cent. 7 $15,000 00 Amount invested in real estate for banking purposes,.................................... 15,000 00 Estimated value of the s a m e , ........................................................................ 9,100 00 Assessed value of the s a m e ,................................................................................. 900 63 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 447 369,944 00 Aggregate amount of the same................................................... ......... Total number of loans upon real e s t a t e , .............................................427 500 00 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 65,404 53 year ending Oct. 31, 1 8 8 9 ,................................................................................. 21,739 98 Rate and amount of each semi-annual dividend during the j 2 per cent., f 25,086 38 year ending Oct. 31, 1 8 8 9 , ...................................................... J 2$ per cent., 1 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31,1889, 598 Number of accounts closed during the year ending Oct. 31,1889, 418 Total number of open accounts Oct. 31, 1889, . . . . 3,430 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 3,056 20 t a x e s ) , ................................................................................................................... Amount of deposits, not including dividends, received during the year end 236,160 62 ing Oct. 31, 1889, . ......................................................................................... Number of s a m e , ......................................................................................... 3,620 Amount of withdrawals, including dividends, during the year ending Oct. 199,147 68 31, 1889,................................................................................................................... Number of s a m e , .........................................................................................2,094 Date of examination by commissioner: March 16. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 9 P U B L IC D O CU M EN T — No. 8. Glassification o f Deposits received during the Year ending Oct. 31, 1 889. Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 1,884 $34,600 46 327 26,592 96 ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . not not 166 25,686 89 133 48,226 14 51 59 35.776 40 65,277 77 2,620 $236,160 62 not Amount. 1,304 18 $110,882 18 8,914 78 92 318 3,479 09 64,421 97 less Co m m o n w ealth of M a ssa ch u setts. H a m p s h ir e , ss ., N ov. 2, 1889. Personally appeared E. I). Bangs, Treasurer of the Amherst Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W . H a m l i n , Justice o f the Peace. H a m p s h ir e , ss ., N o v . 2, 1889. Personally appeared E. F. Cook, President, and D. W . Palmer, Horace Ward, Geo. Cutler, L. D. Hills and Wm. A. Dickinson, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W. H a m l i n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis \ 10 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan. A N D O V E R S A V IN G S B A N K — A N D O V E R . Incorporated 1834. Present number of corporators, 40. M oses F o st e r , President. J o h n F . K i m b a l l , Treasurer. J o h n F . K i m b a l l , Clerk o f the Corporation. Names of committee charged with the investment of its funds : M oses F o s t e r , John C o rn e ll, J. T y l e r K i m b a l l . Open for business every business day, except Wednesday, 9 a . m. to 12 m . ; 2 to 4 p . m . Balance Sh e e t , O ctober A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bann stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans on depositors’ books, Deposits in banks, or. interest, . Deposits in banks, not on interest, Cash on hand, . . . . 31, 1889. L ia b il it ie s . $312,500 272,625 650 348,000 6,640 820,535 244,137 1,150 26,238 10,662 4,116 00 00 00 00 00 87 00 00 58 93 28 Deposits,. Guaranty fund, Interest account, $2,047,255 66 $1,921,952 96 72,500 00 52,802 70 $2,047,255 66 Cash on Deposit in Banks, amount in each : — Andover National Bank, A n d o v e r , .............................................................. $13,662 93 Blackstone National Bank, B o s t o n , .............................................................. 23,238 58 Loans on Bank Stock, amount on each : — On 5 shares Andover National Bank, Andover.................................................. On 4 shares Andover National Bank, A n d o v e r ,............................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $500 00 150 00 1890.] 11 P U B L IC DO CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Bangor, Me., 6s, . of Belfast, Me., 6s, . of Boston, Mass., 6s, of Cambridge, Mass., 6s, of Chelsea, Mass., 6s, of Dover, N. H., 6s, of Fall River, Mass., 6s, . of Holyoke, Mass., 7s, of Lewiston, Me., 6s, of Lowell, Mass-., 6s, of Lynn, Mass., 6s, . of Milwaukee, AVis., 7s, . of Nashua, N. II,, 6s, of Newburyport, Mass., 6s, of Northampton, Mass., 6s, of Norwich, Conn., 6s, of Portland, Me , 6s, of Portsmouth, N. H., 6s, of Salem, Mass., 6s, Town of Melrose, Mass., 6s, . Estimated Market Value. Amount Invested. $25,000 17,000 1,000 2,000 27,000 25,500 11,000 18,000 4,000 6,000 10,000 5,000 5,000 20,000 83,000 30,000 21,500 33,500 3,000 15,000 $27,000 00 18,000 00 1,000 00 2,000 00 29,000 00 27,000 00 12,500 00 19,300 00 4,300 00 6,000 00 10,500 00 5,500 00 5,000 00 21,000 00 35,000 00 33,500 00 24,500 00 35,500 00 3,500 00 16,000 00 $312,500 $336,100 00 $312,500 00 * Legal investments $25,000 00* 17,000 00* 1,000 00 2,000 00 27,000 00 25,500 00 11,000 00 18,000 00 4,000 00 6,000 00 10,000 00 5,000 00 5,000 00 20,000 00 33,000 00 30,000 00 21,500 00* 33,500 00* 3,000 00 15,000 00 when made. No. of Shares. Detailed Statement o f Bank Stocks. 311 40 147 27 100 84 112 65 50 110 150 225 52 100 100 263 6 Par Value. Andover Nat’l Bank, Andover, Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boylston Nat’l Bank, Boston, Continental N’l Bank, Boston, Everett Nat’l Bank, Boston, . Freeman’s N’l Bank, Boston,. Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Metropo itan N’l B’k, Boston, N’l B’k of the Commonwealth, Boston, . . . . N’l B’k of the Bepublic, Boston, National City Bank, Boston, . National Eagle Bank, Boston, N’l IIide& Leather B’k, Boston, Nat’l Revere Bank, Boston, . Nat'l Security Bank, Boston, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $81,100 4,000 14,700 2,700 10,000 8,400 11,200 6,500 5,000 11,000 $41,985 4,500 16,000 3,600 12,000 8,600 11,200 6,100 7,000 11,400 00 00 00 00 00 00 00 00 00 00 $31,100 4,000 14,700 2,700 10,000 8,400 11,200 6,500 5,000 11,000 00 00 00 00 00 00 00 00 00 00 15,000 22,500 5,200 10,000 10,000 26,300 600 18,000 33,000 5,200 10,000 12,000 33,000 1,000 00 00 00 00 00 00 00 15,000 22,500 5,200 10,000 10,000 26,300 600 00 00 00 00 00 00 00 12 [Jan. B A N K CO M M ISSIO N ERS’ R E P O R T . Detailed Statement o f Bank Stocks — Concluded. U -. © © ^ xn OÎ 60 154 58 41 79 110 35 52 18 3 50 100 50 Estimated Par Value. g CO Market Value. $8,400 15,400 8,500 5,000 9,400 16,000 4,000 6,500 2,000 210 10,000 14,000 5,500 $6,000 15,400 5,800 4,100 7,900 11,000 3,500 5,200 1,800 225 5,000 7,500 5,000 Nat’l Union Bank, Boston, Nat’l Webster Bank, Boston, New England N’l B’k, Boston, North National Bank, Boston, Old Boston N’l Bank, Boston, Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston, . Tremont Nat’l Bank, Boston,. Danvers Nat’l Bank, Danvers, Wachusett N’l B’k, Fitchburg, Bay State N’l B’k, Lawrence, Union Nat’l Bank, Weymouth, $272,625 Amount Invested. $6,000 15,400 5,800 4,100 7,900 11,000 3,500 5,200 1,800 225 5,000 7,500 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $272,625 00 $339,495 00 Detailed Statement o f Railroad Bonds. Estimated Par Value. Boston & Maine R.R. 7 s,. Boston & Lowell R.R. 7s, Boston & Lowell R.R, 6s, Boston & Lowell R.R. 4s, Boston & Lowell R.R. 5s, Boston, Revere Beach & Lynn R.R. 6s, Boston, Winthrop & Shore R.R. 5s, Conn. & Passumpsic Rivers R.R. 7s, Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . New Bedford R.R. 7s, Newport & Richford R.R. 5s, . Old Colony R.R. 7s,. Old Colony R.R. 6s,. , . Worcester & Nashua R.R. 5s, . Market Value. $54,000 25,000 8,000 26,500 2,400 15,000 55,000 54,500 53,000 26,225 10,500 13,000 21,000 5,500 5,000 $50,000 22,000 7,000 25,000 2,000 14,000 50,000 50,000 50,000 25,000 10,000 13,000 20,000 5,000 5,000 $348,000 Amount Invested. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $374,625 00 $50,000 22,000 7,000 25,000 2,000 14,000 50,000 50,000 50,000 25,000 10,000 13,000 20,000 5,000 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $348,000 00 Total Amount o f Loans with Each Specif ed Rate o f Interest, including Deposits in Banks on Interest. Amount. Rate. $23,238 58 4,400 00 25,000 00 2J per cent. 4 4i https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ “ Rate. Amount. $120,000 00 25,000 00 127,032 00 4l> per cent. 41 5 “ Rate. Amount. $80,650 00 683,190 87 4,200 00 5£ per cent. 6 7 1890.] 13 P U B L IC D O CU M EN T — No. 8. Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each,. 422 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 456 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of -each semi-annual dividend during the i 2£ per cent., r year ending Oct. 31, 1 8 8 9 , ..................................................... j 2^ per cent., { Times for the dividends fixed by the by-laws : third Wednesday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, . 573 Number of accounts closed during the year ending Oct. 31, 1889, . 383 Total number of open accounts Oct. 31, 1889, . . . . 4,869 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ............................................................................................................ Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,.......................................................................................... Number of s a m e , .......................................................................................... 3,237 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... Number of same................................................................................................2,156 Date of examination by commissioner: June 4. * O f this $6,640 00 6,700 00 250 00 546,891 27 116,684 05 43,807 83 44,878 47 5,577 38* 260,976 00 237,709 47 amount, $2,500 was paid for vault in new hank building. Classification o f Deposits received during the Year ending Oct. 31, 1889. Num O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Num Amount. ber. ber. 2,275 $47,631 00 473 38,933 00 207 33,352 00 195 71,953 00 61 26 43,107 00 26,000 00 3,237 $260,976 00 C o m m o n w e a lt h To the credit — Of women, both adult and minor, Of guardians, Of religious and charitable associations, . In trust................................ of Amount. 1,726 10 $132,767 00 2,652 00 45 20 4,008 00 4,755 00 M assach u setts . E ssex, ss ., N ov . 7, 1889. Personally appeared John F. Kimball, Treasurer of the Andover Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, G eorge A. P u tn am , Justice o f the Peace. E ssex, ss ., Nov. 7, 1889. Personally appeared Moses Foster, President, and John Cornell, John H. Flint, Joseph A. Smart, John L. Smith, Peter D. Smith and J. Tyler Kimball, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, G eorge A. P u t n a m , Justice o f the Peace. [Jan. B A N K C O M M ISSIO N E R S’ R E P O R T . 14 A R L IN G T O N F IV E CENTS S A V IN G S B A N K — A R L IN G T O N . Incorporated April 2, 1860. W il l ia m Present number of corporators, 39. G. P e c k , President. Joseph W . W Joseph W . W h it a k e r , h it a k e r , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds : W il l ia m G. P e c k , G eorge H il l , B. D elmont L ocke . Open for business, Tuesday and Friday, 3 to 5 p m . ; Wednesday, 3 to 8 Saturday, 3 to 9 p . m . B a l a n c e Sh e e t , O c t o b e r ; 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate (for banking pur poses), ................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), ................................... Loans on depositors’ books, Deposit in bank, on interest, Expense account, Tax account, . . . . Insurance,................................... Cash on hand................................ p .m . $180,300 00 20,200 00 125,500 00 Deposits, . Guaranty fund, Interest account, $1,020,184 73 28,629 68 9,932 67 20,000 00 17,408 33 592,972 66 13,812 50 51,000 300 33,402 1,349 508 257 1,735 00 00 77 58 53 40 31 $1,058,747 08 $1,058,747 08 Cash on Deposit in Bank : — Faneuil Hall National Bank, B o s t o n ,.............................................................. $33,402 77 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 15 PU B L IC DO CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Chelsea, Mass., 6s, of Cleveland, Ohio, 5s, . of Cleveland, Ohio, 6s, . of Cleveland, Ohio, 7s, . of Fall River, Mass., 6s, . of Grand Rapids, Mich , 5s, of Holyoke, Mass., 6s, of Lewiston, Me., 5s, of Lawrence, Mass., 6s, . of Nashua, N. IL, 6s, of Newburyport, Mass , 6s, of Peoria, 111., 7s, of Portland, Me., 6s, of Springfield, Ohio, 5s, . of Springfield, Ohio, 4|s, of Woburn, Mass., 6s, Town of Arlington, Mass., 5s, of Chatham, Mass., 4is, of Methuen, Mass., 6s, . District of Columbia 6s, . County of Hillsborough, N. H., 6s, of Hillsborough, 1ST. II., 5s, United States 4is, . . . . Estimated Market Value. $2,217 10,320 13,695 4,425 2,420 22,915 6,000 1,260 6,600 4,123 16,560 16,250 25,000 17,060 13,282 9,810 2,150 12,620 1,115 3,720 11,000 506 1,057 $2,000 9,000 12,000 4,000 2,000 20,000 5,000 1,000 6,000 3,800 16,000 13,000 20,000 16,000 12,000 9,000 2,000 12,000 1,000 3,000 10,000 500 1,000 $180,300 50 00 00 00 00 00 00 00 00 00 00 00 00 00 50 00 00 00 00 00 00 25 50 $204,106 75 Amount Invested. $2,000 9,000 12,000 4,000 2,000 20,000 5,000 1,000 6,000 3,800 16,000 13,000 20,000 16,000 12,000 9,000 2,000 12,000 1,000 3,000 10,000 500 1,000 00 00 00 00 00 00 00 00 00 00 00 00 00* 00 00 00 00 00 00 00 00 00 00 $180,300 00 A legal investment when made. ÎÎO. of Shares. Detailed Statement o f Bank Stocks. 50 12 33 50 10 22 25 Par Value. FaneuiL Hall Nat’l B’k, Boston, National Union Bank, Boston, N’l B’k of the Republic, Boston, Continental Nat’l B’k, Boston, N’l B’k of Redemption, Boston, First Ward Nat’l B’k, Boston, N’l B’k of No America, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 1,200 3,300 5,000 1,000 2,200 2,500 $20,200 Estimated Market Value. $7,162 1,704 5,511 6,125 1,345 2,909 2,925 50 00 00 00 00 50 00 $27,682 00 % Amount Invested. $5,000 1,200 3,300 5,000 1,000 2,200 2,500 00 00 00 00 00 00 00 $20,200 00 16 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan Detailed Statement o f Railroad Bonds. Par Value. Conn. & Passumpsic Rivers R.R. 7s, Newport & Richford R R . 5s, . Boston & Albany R.R. 6s, Vermont & Massachusetts R R. 5s,. Boston, Revere Beach & Lynn R.R. 6s, Fitchburg R R. 6s, . . . . Nashua & Lowell R.R. 6s, Eastern R.R. 6s, Boston & Lowell R.R. 6s, Portland & Ogdensburg R.R. 6s, New Bedford R.R. 7s, Old Colony R.R. 6s, . . . Lowell & Lawrence R.R. 6s, . Salem & Lowell li R. 6s, Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Boston, Barre & Gardner R R. 7s, . Maine Central R.R. 7s, *A $21,000 20,000 15,000 10,000 8,000 8,000 8,000 5,500 4,000 4,000 3,000 1,000 1,000 1,000 Estimated Market Value. $23,100 21,200 16,725 11,100 8,640 8,840 8,560 6,985 4,540 4,740 3,390 1,155 1,150 1,170 1,000 1,000 14,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $21,000 20,000 15,000 10.000 8,000 8,000 8,000 5,500 4,000 4,000 3,000 1,000 1,000 1,000 00 00 00 00 00 00 00 00* 00 00 00 00 00 00 1,210 00 1,105 00 17,290 00 1,000 00 1,000 00 14,000 00 $125,500 $140,900 00 $125,500 00 legal investment when made. Total Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $33,402 77 21,000 00 Rate. 3 per cent. 4 15,000 00 4*2 10,000 00 41 “ “ “ Amount. $62,776 64 2,000 00 157,326 02 362,422 50 Rate. 5 per cent. H “ H 6 “ Amount. $ 6,000 00 1,000 00 Rate. 63 per cent. 6* 20,460 00 7 i 00 00 8 “ “ Amount invested in real estate for banking purposes,.................................... $20,000 00 Estimated value of the sam e,................................................................................. 25,000 00 Assessed value of the s a m e ,................................................................................. 19,020 00 Net income received from same during year ending Oct. 31, 1889, . . 988 62 Value, by books, of other real estate, held by foreclosure or otherwise, . 17,408 33 Assessed value of the s a m e ,.................................... ........ 16,400 00 Net income received from same during year ending Oct. 31, 1889, . . 692 91 Number of loans which are of an amount not exceeding $3,000 each, . 313 Aggregate amount of the s a m e , ........................................................................ 310,973 64 Total number of loans upon real e s t a t e , .............................................359 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................. 50,727 95 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 19,180 89 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., I 19,120 95 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 17 P U B L IC D O CU M EN T — No. 8. Times for the dividends fixed by the by-laws : first Saturday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 409 Number of accounts closed during the year ending Oct. 31, 1889, . 280 Total number of open accounts Oct. 31, 1889, . . . . 3,420 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of s a m e , ..........................................................................................3,526 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889........................................................................" ........................................ Number of s a m e ,.......................................................................................... 1,720 Date of examination by commissioner: April 3. $3,422 70 193,803 00 187,692 58 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 2,796 $51,278 42 385 30,784 45 169 26,204 33 126 43,756 51 48 2 39,129 79 2, ’49 50 3,526 $193,803 00 Co m m o n w e a l t h Num ber. Amount. 1,569 7 $77,867 07 925 00 74 121 7,547 52 19,180 86 To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ of M assachusetts . M id d l e s e x , ss ., N ov. 9, 1889. Personally appeared Joseph W . Whitaker, Treasurer of the Arlington Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in ref erence to the matters to which they relate, according to his best knowledge and belief. Before me, W il l ia m H. H. T u ttle , Justice o f the Peace. M id d l e s e x , ss , Nov. 9, 1889. Personally appeared William G. Peck, President, and William E. Parmenter, B. Bel mont Locke, Henry J. Locke, George Hill and George Hill, Jr., trustees of said corpora' tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis W il l ia m H. H. T uttle , Justice o f the Peace. 18 [Jan B A N K CO M M ISSIO N ERS’ R E PO R T. A T H O L S A V IN G S B A N K — A T H O L . Incorporated Feb. 12, 1867. Present number of corporators, 35. J ohn G. M u d g e , President. A lp h e u s H a r d in g , Treasurer. W . D. L u e y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : A lpheus H a r d in g , S olon W . L e e , Jam es M . L e e , H e n r y R . St o w e l l , L u cien L ord . Open for business every business day, 9 a .m . to 3 p .m . B a la n ce Sh e e t , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), . . . . . Deposits in banks, on interest, . Expense account, . . $43,000 9,800 21,250 65,000 913,499 367,006 00 00 00 00 12 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $1,418,599 75 43,500 00 9,662 70 34,516 43 41,200 00 44,385 49 1,138 27 $1,506,278 88 $1,506,278 88 Cash on Deposit in Banks, amount in each: — Athol National Bank, A th o l,..................................................... First National Bank, A y e r , ..................................................... Holyoke National Bank, Holyoke............................................... City National Bank, H o l y o k e , ............................................ National Bank of the Commonwealth, Boston, Miller’s River National Bank, A t h o l , ................................... $5,000 00 5,000 00 15,000 00 10,000 00 349 94 9,035 55 Loans on Bank Stock, amount on each : — On 20 shares Third National Bank, Boston, . On 50 shares Home National Bank, Brockton, On 8 shares Athol National Bank, Athol, . . . . On 10 shares Athol National Bank, Athol, . . . . On 25 shares First National Bank, Ayer, . . . . On 5 shares Berkshire National Bank, North Adams, . On 10 shares Athol National Bank, Athol, . . . . On 50 shares Safety Fund National Bank, Fitchburg, . On 50 shares National Bank of the Commonwealth, Boston, On 26 shares Athol National Bank, Athol, . . . . On 20 shares National Bank of North America, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,700 5,000 450 400 1,250 400 800 4,500 2,900 00 00 00 00 00 00 00 00 00 2,100 00 1,750 00 1890.] 19 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. ■ ' Par Value. United States 6s, . United States 4s, . . . City of Lynn, Mass., 6s, . of Meriden, Conn., 6s, of Newton, Mass., 5s. Town of Hyde Park, Mass., 4s, of Watertown, Mass., 4s, Estimated Market Value. $10,000 500 10,000 4.000 10,000 3.000 5,500 $12,625 635 10,850 4,460 12,050 3,035 5,527 00 00 00 00 00 00 50 $43,000 $49,182 50 Amount Invested. $10,000 500 10,000 4.000 10,000 3.000 5,500 00 00 00 00 00 00 00 $43,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 27 11 10 50 Par Value. Miller’s River N’l B’k, Athol, Blackstone N’l.Bank, Boston, Eliot National Bank, Boston, National Eagle Bank, Boston, $2,700 1,100 1,000 5,000 $9,800 Estimated Market Value. $4,725 1,240 1,315 5,150 00 00 00 00 $12,430 00 Amount Invested. $2,700 1,100 1,000 5,000 00 00 00 00 $9,800 00 Detailed Statement o f Bailroad Bonds. Vermont & Mass. R.R. 5s, Fitchburg R.R. 4s, . Boston & Providence R.R. 4 s,. Par Value. Estimated Market Value. Amount Invested. '$20,000 20,000 25,000 $22,200 00 19,200 00 27,000 00 $20,000 00 20,000 00 25,000 00 $65,000 $68,400 00 $65,000 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $9,385 10,800 57,300 25,000 Bate. 49 2 per cent. 00 H 4 4j 00 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ “ “ Amount. $35,000 50.000 116,100 25.000 Bate. 00 00 00 00 4^ per cent. 4f “ 4è “ 41 “ Amount. $95,000 694,268 25,100 244,387 Bate. 00 00 00 12 4J per cent. 5 5k “ 6 “ 20 B A N K C O M M ISSIO N E R S’ R E PO R T. [Jan. Number of loans which are of an amount not exceeding $3,000 each, . 324 Aggregate amount of the s a m e , ....................................................................... $320,968 12 Total number of loans upon real estate, ..................................................... 414 Gross amount of interest or profits received or earned, as per books, during 75,838 66 year ending Oct. 31, 1 8 8 9 , ............................................................................... 25,467 68 Rate and amount of each semi-annual dividend during the )2 per cent., t 26,323 90 year ending Oct. 31, 1889...........................................................^2 per cent., ( Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 960 Number of accounts closed during the year ending Oct. 31, 1889, . 751 Total number of open accounts Oct. 31, 1889, . . * . . 4,386 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 3,789 51 taxes), ................................................................................................................... Amount of deposits, not including dividends, received during the year end 270,976 80 ing Oct. 31, 1889,.................................................................................................. Number of s a m e , .......................................................................................... 2,955 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ................................................................................ 219,760 91 Number of s a m e , .......................................................................................... 2,204 Date of examination by commissioner: July 25. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num O f $50 and legs, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. ber. ber. 2,031 $40,426 42 424 35,361 17 203 32,867 98 186 70,347 85 67 44 44,510 25 47,463 13 2,955 $270,976 80 Com m o n w ealth W orcester , ss . To the credit — O f women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust, . . . . of Amount. 1,428 3 $121,248 35 2,025 00 73 40 7,256 06 5,855 74 M assachusetts . A thol , Oct. 31, 1889. Personally appeared Alpheus Harding, Treasurer of the Athol Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W orcester , ss. . A n d r e w J. H a m il t o n , Justice o f the Peace. A th o l , Oct. 31, 1889. Personally appeared John G. Mudge, President, and Lewis Thorpe, J. C. Hill, James M. Lee, IL. R. Stowell, Solon W . Lee and George N. Kendall, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, A n d r e w J. H a m ilto n , Justice o f the Peace. 21 PU B L IC D O CU M EN T — No. 8. 1890.] A T T LE B O R O U G H S A V IN G S B A N K — NO RTH ATTLEB O R O U G H . Incorporated 1860. Present number of corporators, 57. E d w a r d R. P r i c e , Treasurer. A r i e l C o d d i n g , President. E d w a r d R. P r i c e , Clerk o f the Corporation. Names of committee charged with the investment of its funds: A. C o d d i n g , J. R. B r o n s o n , Jos. G . B a r d e n , R. K n a p p , J. L . S w e e t , G e o . A. D e a n , B . S. F r e e m a n . Open for business every business day, 9 B a l a n c e Sh e e t , O c t o b e r a .m . to 3 p .m . 31, 1889. Jtm L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stocks as per schedule, Railroad bonds as per schedule, Railroad notes, . . . . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, $29,000 00 50,500 00 20,000 00 29,152 25 360,112 45 280,987 42 $860,931 19 33,000 00 3,025 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . 10,100 00 5,866 30 i 107,500 00 4,704 76 10,565 61 200 00 $902,822 49 $902,822 49 Cash on Deposit in Banks, amount in each : — Boston National Bank, B o s t o n , ..................................................... ......... North Attleborough National Bank, North Attleborough, . . . . . $4,704 76 10,565 61 Detailed Statement of Public Funds. Par Value. Estimated Amount Invested. Market Value. Town of Brookline, Mass., 5s,. of Attleborough, Mass., 4s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $9,000 20,000 $10,080 00 20,200 00 $9,000 00 20,000 00 $29,000 $30,280 00 $29,000 00 22 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan No. of Shares. Detailed Statement o f Bank Stocks. 51 50 Par Value. Estimated Market Value. $5,100 5,000 $6,&30 00 6,000 00 $5,100 00 5,000 00 $10,100 $12,630 00 $10,100 00 First N’l Bank, Attleborough, Boston National Bank, Boston, Amount Invested. Detailed Statement o f Bailroad Bonds. Estimated Market Value. Amount Invested. $25,000 25,000 $24,500 00 26,750 00 $23,750 00 26,750 00 $50,000 • $51,250 00 $50,500 00 Par Value. Fitchburg R.R. 4s, . Fitchburg R.R. 5s, . Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $4,704 59.000 20.000 50,000 76 00 00 00 Kate. V 2 per cent. 4 44 4| “ “ “ Amount. $45,000 30,000 94,500 45,200 00 00 00 00 Kate. Amount. 4J per cent. $41,500 00 383,149 87 250 00 4a « 5 “ 5| Rate. 5^ per cent. 6 7 Value, by books, of real estate, held by foreclosure or otherwise, . . $29,152 25 Assessed value of the s a m e ,.................................... ........ 20,000 00 Number of loans which are of an amount not exceeding $3,000 each,. 276 Aggregate amount of the s a m e , .............................................................. . 247,749 87 Total number of loans upon real e s t a t e , ............................................. 264 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 45,062 43 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 16,014 99 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., 1 16,156 89 Times for the dividends fixed by the by-laws : Tuesday after second Mon day in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 612 Number of accounts closed during the year ending Oct. 31, 1889, . 480 Total number of open accounts Oct. 31, 1889, . . . . 2,829 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive o f t a x e s ) , ............................................................................................................ 3,064 87 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889, 195,880 87 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] . PU B L IC D O CU M EN T — No. 8. 23 Number of s a m e , .................................................................................2,889 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... $200,043 78 Number of s a m e , .................................................................................1,911 Date of examination by commissioner: July 12. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num Num Amount. ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Amount. ber. 2,125 $47,092 11 411 33,813 16 187 28,545 09 104 35,617 40 41 21 29,764 06 21,049 05 2,889 $195,880 87 To the credit — O f women, both adult and minor, Of guardians, Of religious and chari table associations, . In trust................................ not not not 1,142 12 $68,757 84 2,294 66 66 94 5,279 33 11,375 14 less Com m o n w ealt h of M assachusetts . B ristol , ss ., N ov. 16, 1889. Personally appeared Edward R. Price, Treasurer of the Attleborough Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, F red B. B y r a m , Justice o f the Peace. B ristol , ss ., Nov. 16, 1889. Personally appeared Abiel Codding, President, and R. Knapp, Burrill Porter, Jr., Geo. A. Dean, J. D. Lincoln and J. D. Richards, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. F red B. B y r a m , Justice o f the Peace. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 24 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. m BA R R E S A V IN G S B A N K — BA R R E. Incorporated 1869. Present number of corporators, 45. F r a n k A. R ic h , Treasurer. C h ar le s B r im b le c o m , President. F r a n k A. R ic h , Clerk o f the Corporation. Names of committee charged with the investment of its funds : C h ar le s B r im bleco m , O r a m e l Cl a r k , J. H e n r y G o d d a r d , E stes H a w e s , J. C. B a r t h o l o m e w . Open for business every business day, except Saturdays, 9 Saturdays, 9 a .m . to 12 m . B a l a n c e Sh e e t , O cto b er to 12 m. ; 1 to 4 p .m . ; 31,1889. L ia b il it ie s . A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Suspense account, / a .m . $90,166 00 2,000 00 6,060 00 1,175 00 180,696 67 63,475 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . 1,000 00 12,000 00 $341,812 41 8,725 00 3,442 10 6,617 80 • 3,448 49 561 53 14 62 $360,597 31 $360,597 31 Cash on Deposit in Bank: — First National Bank, B a r r e ,........................................................................ $15,448 49 Loans on Bank Stock, amount on each : — On 20 shares First National Bank, B a r r e , ......................................................$1,500 00 On 7 shares First National Bank, B a r r e , ..................................................... 500 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] PU B L IC D O CU M ENT — No. 8. 25 No. of Shares. Detailed Statement o f Bank Stocks. 55 42 62 20 17 25 41 32 46 25 9 34 20 30 60 50 7 52 21 50 20 Par Value. First National Bank, Barre, . Blaekstone Nat’l B’k, Boston, Boston Nat’l Bank, Boston, . Boylston Nat’l Bank, Boston, Continental Nat’l B’k, Boston, Eliot National Bank, Boston,. First National Bank, Boston,. Nat’l B’k of Commerce, Boston, N’l B’k of Redemption, Boston, N’l Hide & Leather B’k, Boston, Nat’l Revere Bank, Boston, . Second Nat’l Bank, Boston, . Shoe & Leather N’ l B’k, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston, . Nat’l Market Bank, Brighton, Ware National Bank, Ware, . Central Nat’l B’k, Worcester, Citizens’ Nat’l B’k, Worcester, City Nat’l Bank, Worcester, . First Nat’l Bank, Worcester,. Estimated Market Value. 00 00 00 00 50 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $6,325 00 4,305 00 7,130 00 2,260 00 1,802 00 2,950- 00 8,118 00 3,616 00 5,520 00 2,900 00 1,035 00 5,100 00 1,900 00 3,450 00 6,360 00 7,050 00 840 00 7,280 00 2,625 00 6,300 00 3,300 00 $97,008 00 $90,166 00 $5,500 4,200 6,200 2,000 1,700 2,500 4,100 3,200 4,600 2,500 900 3,400 2,000 3,000 6,000 5,000 700 5,200 2,100 5,000 2,000 $71,800 Amount Invested. $5,665 4,620 7,564 2,760 2,082 3,250 9,942 4,096 6,187 3,000 1,116 5,950 1,880 3,450 6,810 7,000 770 7,540 2,625 7,100 3,600 Detailed Statement o f Railroad Bonds. . . . . . . * Amount Invested. $6,300 00 1,000 00 $5,200 00* 860 00* $6,000 $7,300 00 $6,060 00 j ► —1 Ol Eastern R R. 6s, Rutland R.R. 5s, Estimated Market Value. =m oo oo o o Par Value. Legal investments when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. $ 12,000 00 5,175 00 per cent. 4è “ 4| “ 11,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I Amount. Rate. Amount. Kate. $32,200 00 38,000 00 57,750 00 5 per cent. H “ 5h “ $ 8,200 00 91,846 67 5| per cent. 6 26 B A N K C O M M ISSIO N E R S’ R E PO R T. Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each,. 76 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 88 Gross amount of interest or profits received or earned, as per books, dur ing the year ending Oct. 31, 1889, ............................................................... Rate and amount of each semi-annual dividend during the f 2^ per cent., 1 year ending Oct. 31, 1889.......................................................... ( 2^ per cent., 1 Times for the dividends fixed by the by-laws : January. 15 and July 15. Number of accounts opened during the year ending Oct. 31, 1889, . 153 Number of accounts closed during the year ending Oct. 31, 1889, . 96 Total number of open accounts Oct. 31, 1889, . . . . 1,092 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ............................................................................................................ Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of s a m e , .....................................................................................655 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ......................................................................................... Number of s a m e ,......................................................................................523 Date of examination by commissioner: August 3. [Jan. $1,175 00 1,925 00 71,956 67 17,133 40 6,876 19 7,226 06 1,790 79 54,671 29 43,685 03 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Hum- Number. Amount. her. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 432 $10,034 88 104 8,824 57 64 10,293 98 38 12,493 77 11 6 7,024 09 6,000 00 655 $54,671 29 To the credit — O f women, both adult and minor, Of guardians, O f religious and charitable associations, . In trust, . . . . not not not Amount. 327 3 $26,388 83 228 00 8, 16 286 15 1,769 95 less Co m m o n w e a l t h of M a ssach u setts . W orcester , ss ., N ov . 18, 1889. Personally appeared Frank A. Rich, Treasurer of the Barre Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, P e in t H. B a b b it t , Justice o f the Peace. W orcester , ss ., N ov . 18,1889. Personally appeared Charles Brimblecom, President, and Oramel Clark, J. Henry Goddard, Estes Hawes, J. C. Bartholomew and Frederick W . Jenkins, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, P l in y H. B a b b it t , Justice o f the Peace. 1890.] 27 P U B L IC DOCU M ENT — No. 8. BASS R IV E R S A V IN G S B A N K -S O U T H Y A R M O U T H . Incorporated April 20, 1874. Present number of corporators, 34. H i r a m L o r i n g , President. D a v i d D . K e l l e y , Treasurer. H i r a m D . L o r i n g , Clerk o f the Corporation. Names of committee charged with the investment of its funds: H ir a m L o r in g , O b e d B a k e r , 3d, R u ssell D . F a r r is , St e p h e n W in g , D a v id K e l l e y , P eleg P. A k in . Open for business every business day, 2 to 4 p .m . B a l a n c e S h e e t , O ctober 31, 1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in banks, on interest, . Deposit in bank, not on interest, Stock of Border City M’f’g Co.,*, Stock of Sagamore M’f’g Co.,* j Cash on hand, . . . . $59,792 85,696 1,927 41,150 5,638 137,862 174,810 85 35 30 00 11 57 44 Deposits, . Guaranty fund, Profit and loss account, . $521,976 03 10,201 78 3,147 91 1,000 00 8,779 457 5,209 5,208 7,794 32 00 40 28 10 $535,325 72 $535,325 72 * To secure indebtedness. Cash on Deposit in Banks, amount in each : — Maverick National Bank, Boston.......................................................................... $3,821 33 International Trust Company, Boston,............................................................... 2,477 25 National Bank of the Republic, B o s t o n , ...................................................... 457 00 First National Bank, Hyannis, . . . . . . . . . 2,480 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 28 [Jan B A N K CO M M ISSIO N E R S’ R E PO R T. Loans on Bank Stock, amount on each : — On On On On 5 shares Cape Cod National Bank, Harwich, . 1 share First National Bank, Yarmouth, 12 shares Cape Cod National Bank, Harwich, 4 shares First National Bank, Yarmouth, ‘I $327 30 1,200 00 400 00 Detailed Statement o f Public Funds. Tar Value. City of Boston, Mass., 4s, Town of Beverly, Mass , 4s, of Clinton, Mass., 4s, City of Lowell, Mass., 4s, Town of Spencer, Mass., 4s, City of Columbus, Ohio, 4s, of Providence, R. I., 5s, . . . . Estimated Market Value. $10,000 5.000 5.000 8.000 10,000 10,000 10,000 $10,900 5.300 5.300 8,480 10,700 10,100 12,000 $58,000 $62,780 00 00 00 00 00 00 00 00 Amount Invested. $10,000 5.000 5.000 8.000 10,350 10,000 11,442 00 00 00 00 00 00 85 $59,792 85 No. of Shares. Detailed Statement o f Bank Stocks. 73 63 25 15 13 82 8 21 50 10 49 50 30 55 30 56 7 50 20 24 12 Par Value. Tremont Nat’l Bank, Boston, Everett Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston, Market Nat’l Bank, Boston, . N’l B’k of the Republic, Boston, Blackstone N’l Bank, Boston, Nat’l Eagle Bank, Boston, Manufacturers’ N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . Second Nat’l Bank, Boston, . Nat’l Exchange B’k, Boston, . Boston Nat’l Bank, Boston, . Fanned Hall N’l B’k, Boston,. Atlas National Bank, Boston, Merchants’ N’l Bank, Boston, Old Boston N’l Bank, Boston, N’l B’k of Redemption, Boston, Citizens’ N’l B’k, New Bedford, First N’l Bank, New Bedford, First Nat’l Bank, Yarmouth, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $7,300 6,300 2,500 1,500 1,300 8,200 800 2,100 5,000 1,000 4,900 5,000 3,000 5,500 3,000 5,600 700 5,000 2,000 2,400 1,200 $74,300 Estimated Market Value. $8,285 6,426 3,250 1,852 1,300 13,694 890 2,163 5,250 1,151 8,575 6,375 3,660 7,865 3,547 7,892 833 6,725 2,780 3,600 1,680 50 00 00 50 00 00 00 00 00 50 00 00 00 00 50 00 00 00 00 00 00 $97,795 00 Amount Invested. $7,780 6,615 2,750 1,770 1,300 9,429 800 2,205 5,241 1,000 6,738 5,927 3,270 6,765 3,660 7,280 756 6,500 2,000 2,400 1,508 00 00 00 00 00 88 00 00 80 00 00 00 00 00 00 00 00 00 00 00 67 $85,696 35 1890.] 29 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 4s, . Fitchburg R.R. 4is, . . . . New Bedford R.R. 7s, Old Colony R.R. 6s, . . . Old Colony R.R. 7s, . . . Vermont & Massachusetts R.R. 5 s,. Estimated Market Value. $20,000 5.000 3.000 3.000 4.000 5.000 $19,200 5,050 3,340 3,333 4,452 5,300 00 00 00 00 00 00 $40,000 $40,675 00 Amount Invested. $20,600 5.000 3.000 3.000 4.000 5,550 00 00 00 00 00 00 $41,150 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $8,779 45.000 18,754 13.000 Rate. 32 00 11 00 2£ per cent. 4 4à “ 4| « Amount. $91,762 30 15,000 00 31,962 33 Rate. 5 per cent. 54 “ 5h “ Amount. $95,266 57 400 00 4,455 00 Rate. 6 per cent. 61 7 Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the same, . ........................................................................ Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 193 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,......................................................142 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889, ................................................................................. Rate and amount of each semi-annual dividend during the | 2 per cent.,! year ending Oct. 31, 1889........................................................... ) 2 per cent., 1 Times for the dividends fixed by the by-laws: April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, . 252 Number of accounts closed during the year ending Oct. 31, 1889, . 168 Total number of open accounts Oct. 31, 1889.................................... 1,827 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of t a x e s ),...........................................................................................................• . Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. Number of s a m e , .................................................................................... 994 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ......................................................................................... Number of same, . 942 Date of examination by commissioner: July 23. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ $5,638 11 6,500 00 112 00 112,800 31 3,116 44 23,542 96 9,613 55 9,736 48 1,911 29 100,888 97 97,293 68 30 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan Classification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $580, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. 591 $12,219 08 183 15,817 39 103 15,792 73 84 28,942 82 20 13 14,055 75 14,061 20 ‘ 994 $100,888 97 not not not To the credit — O f women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust................................ less C om m o n w ealt h of Amount. 461 7 $47,039 68 2,501 13 10 23 917 98 3,560 45 M assachusetts . B a r n st a b l e , ss ., N ov . 18, 1889. Personally appeared David D. Kelley, Treasurer of the Bass River Savings Bank, and made affirmation that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, H e n r y G. C r o w e l l , Justice o f the Peace. B a r n st a b l e , ss ., N ov. 18, 1889. Personally appeared Hiram Boring, President, and Obed Baker, 3d, Russell D. Farris, Geo. H. Loring, Hiram D. Loring and Silas B. Parker, trustees of said corpo ration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, H e n r y G. C r o w e l l , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC DO CU M EN T — No. 8. 31 B E LM O N T SA V IN G S B A N K — BELM O N T. Incorporated 1885. J. V arnum Present number of corporators, 40. W in t h r o p L. C h e n e r t , Treasurer. F l e t c h e r , President. T h o m a s W . D a v i s , Clerk o f the Corporation. Names of committee charged with the investment of its funds : J. Y . F l e t c h e r , F r e d e r ic D o d g e , G . C. H o l t , J. L. E l l i s , T h os. D . B l a k e . Open for business Wednesdays, 4 to 6 and 7 to 8 p .m . B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Loan on public funds, Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposit in bank, on interest, Expense account, Suspense account, Cash on hand, . . . . L ia b il it ie s . $3,500 2,205 4,222 23,200 800 00 87 50 00 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $38,451 57 180 00 304 38 44 74 2,000 00 1,093 18 8 35 1,450 00 500 79 $38,980 69 $38,980 69 Cash on Deposit in Bank : — Faneuil Hall National Bank, B o s t o n ,............................................................... $1,093 18 Loan on Public Funds : — On $4,000 City of Pawtucket, R. I., 4 s ,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3,500 00 32 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 4 3 3 2 5 4 Par Value. Blackstone N’l Bank, Boston, Freeman’s N’l Bank, Boston,. N’l Hide & Leather B’k, Boston, Nat’l Webster Bank, Boston,. Third National Bank, Boston, Traders’ Nat’l Bank, Boston,. $400 300 300 200 500 400 $2,100 Estima ted Market Value. $451 311 360 210 522 380 Amount Invested. $425 319 361 214 495 390 00 25 00 50 50 00 $2,235 25 00 50 50 25 62 00 $2,205 87 Detailed Statement of Railroad Bonds. Par Value. $4,000 Fitchburg R.R. 5s, . Estimated Market Value. $4,360 00 Amount Invested. $4,222 50 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Bank on Interest. Kate. Amount. $1,093 18 3,500 00 2,000 00 3 per cent. 4 4J » Amount. $8,700 00 500 00 Kate. 5 per cent. ôh Kate. Amount. $14,450 00 350 00 6 7 per cent. Number of loans which are of an amount not exceeding $3,000 each,. 17 Aggregate amount of the s a m e , ........................................................................ $21,100 00 Total number of loans upon real e s t a t e , ............................................. 13 Amount of investments from which no income is received, . . . . 1,450 00 Gross amount of interest or profits received or earned, as per books, during year .ending Oct. 31, 1 8 8 9 ,................................................................................. 1,293 07 Rate and amount of each semi-annual dividend during the ) 2 per cent., f 439 01 year ending Oct. 31, 1 8 8 9 ,......................................................■* 2 per cent., 1 515 38 Times for the dividends fixed by the by-laws : third Wednesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 64 Number of accounts closed during the year ending Oct. 31, 1889, . 21 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 300 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 42 10 of t a x e s ) , .......................................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC DO CU M EN T — No. 8. 33 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. f 19,121 04 Number of s a m e , ......................................................................................... 314 Amount of withdrawals, including dividends, during the year ending Oct. 3 1 , 1 8 8 9 , ............................................. .............................................................. 4,978 57 Number of s a m e , ......................................................................................... 73 Date of examination by commissioner: June 19. Classification o f Deposits received during the Year ending Oct. 31,1889■ Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 240 $3,180 32 41 3,409 50 15 2,301 86 12 4,840 00 2 4 1,389 36 4,000 00 314 $19,121 04 not not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . Amount. 118 1 $7,291 36 589 36 1 75 00 less . C o m m o n w e a l t h oe M a s s a c h u s e t t s . M id d l e s e x , s s . B e l m o n t , N o v . 2, 1889. Personally appeared 'Winthrop L. Chenery, Treasurer of the Belmont Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M i d d l e s e x , ss. F r e d e r i c D o d g e , Justice o f the Peace. B e l m o n t , N o v . 2, 1889. Personally appeared J. V . Fletcher, President, and James E. Locke, Chandler Robbins, J. O. Wellington, Josiah S. Kendall and Thomas D. Blake, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, F r e d e r i c D o d g e , Justice o f the Peace. 34 [Jan B A N K COM M ISSIO N ERS’ R E PO R T. B E N J A M IN F R A N K L IN S A V IN G S B A N K — F R A N K L IN . Incorporated Feb. 1, 1871. Present number of corporators, 39. D a v i s T h a y e r , J r ., President. C h a s . W . S t e w a r t , Treasurer. C h a s . W . S t e a v a r t , Clerk o f the Corporation. Names of committee charged with the investment of its funds : D a v i s T h a y e r , J r ., Jas. M. Jo s . G . R a y , E. H. Freem an, J a s . P. R a y , Sh er m a n , A . H . M orse, A . A . F letcher. Open for business every business day, 9 a .m . to 12 m ., and 1 to 4 p . m . B ala n c e Sh e e t , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Furniture and fixtures, Cash on hand, . . . . $1,815 45,566 10,075 9,935 196,354 98,678 Deposits, . Guaranty fund, Interest account, 00 77 00 36 50 81 $355,713 65 12,827 10 8,342 97 2,000 00 8,884 482 1,133 968 989 54 28 37 68 41 $376,883 72 $376,883 72 Cash on Deposit in Banks, amount in each : — Franklin National Bank, F r a n k l i n , ...............................................................$482 28 7,574 02 Maverick National Bank, Boston,....................................................................... International Trust Company, Boston.................................................................. 1,310 52 Detailed Statement o f Public Funds. Par Value. $2,000 City of Bath, Me., 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. * A legal investment when made. $2,100 00 Amount Invested. $1,815 00* 1890. 35 PU B L IC D O CU M EN T — No. 8 No. of Shares. Detailed Statement o f Bank Stocks. 14 5 27 70 75 30 25 9 10 15 16 8 31 23 12 Par Value. Columbian N’l Bank, Boston, Continental NT Bank, Boston, N’l B’k of Commerce, Boston, Eliot National Bank, Boston, Franklin N’l Bank, Franklin, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . NT Hide&Leather B’k, Boston, Market Nat’l Bank, Boston, . NT B’k of No. America, Boston, Nat’l Revere Bank, Boston, . Shoe & Leather N’l B’k, Boston, Tremont Nat’l Bank,'"Boston, Washington N’l Bank, Boston, National Bank of Wrentham, Wrentham, . . . . $1,400 500 2,700 7,000 7,500 3,000 2,500 900 1,000 1,500 1,600 800 3,100 2,300 Estimated Market Value. $1,701 612 3,456 9,205 9,000 3,750 2,750 1,080 1,000 1,833 1,984 754 3,518 2,886 Amount Invested. 00 50 00 00 00 00 00 00 00 75 00 00 50 50 $1,845 620 3,456 8,887 8,932 3,790 2,902 1,032 1,100 1,680 1,776 1,137 3,902 3,266 00 00 00 50 65 00 50 75 00 00 00 00 37 00 840 960 00 1,239 00 $36,640 $44,491 25 $45,566 77 Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 4is, $ 1 0 ,0 0 0 Estimated Market Value. Amount Invested. $10,025 00 $10,075 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Rate. $8,884 54 2£ per cent. 12,000 00 53,000 00 4 4è “ “ Amount. $80,200 00 1,800 00 Rate. Amount. 5 per cent. 5è “ $148,933 31 1,100 00 Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, . . Number of loans which are of an amount not exceeding $3,000 each, . 247 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,......................................................210 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rate. 6 per cent. 7 $9,935 36 10,870 00 572 90 161,933 31 1,000 00 19,117 59 B A N K CO M M ISSIO N ERS’ R E PO R T. 36 Rate and amount of each semi-annual dividend during the 1 2 per cent., r year ending Oct. 31, 1 8 8 9 ,......................................................} 2 per cent., ( Times for the dividends fixed by the by-laws : first Monday in January and July. Number of accounts opened during the year ending Oct 31, 1889, . 262 Number of accounts closed during the year ending Oct. 31, 1889, . 176 Total number of open accounts Oct. 31, 1889, . . . . 1,519 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ........................................................................................................... Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s a m e , .........................................................................................1,255 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... Number of s a m e , ............................................................................................911 Date of examination by commissioner : April 10. [Jan. $6,195 47 6,532 99 2,245 95 90,805 58 78,062 24 Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Number. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . ber. 926 $18,675 25 162 13,002 37 74 12,151 82 62 21,661 39 25 6 18,714 75 6,600 00 1,255 $90,805 58 Com m onw ealth N orfolk, Num- Amount. To the credit — O f women, both adult and minor, Of guardians, In trust, . . . . oe 533 1 59 Amount. $32,654 37 50 00 12,217 51 M a ssa ch u setts. F r a n k l i n , N ov . 11, 1889. ss . Personally appeared Chas. W . Stewart, Treasurer of the Benjamin Franklin Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, N orfolk, J a m e s M. F r e e m a n , Justice o f the Peace. F r a n k l i n , Nov. 11, 1889. ss . Personally appeared Davis Thayer, Jr., President, and William E. Whiting, J. C. Gallison, Jos. G. Ray, Chas. P. Carter, W m . Rockwood, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, J a m e s M . F r e e m a n , Justice o f the Peace. 1890.] 37 PU B L IC D O CU M ENT — No. 8 B E R K SH IR E C O U N TY SA V IN G S B A N K — PIT T SF IE L D . Incorporated 1847. Present number of corporators, 40. J o s e p h T u c k e r , President. R o b e r t W . A d a m , Treasurer. W i l l i a m L. A d a m , Clerk o f the Corporation. Names of committee charged with the investment of its funds : J a b e z L. P e c k , C h arles W . K ellogg, W il l ia m H . Sl o a n , R obt. W . A d a m , H asc al D o d g e . Open for business every business day, 9 a .m . to 3 p .m . B a l a n c e S h e e t , O ctober 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on railroad bonds, . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)....................................... Deposits in banks, on interest, . Deposits in banks, not on interest, Expense account, Cash on hand, . . . . L ia b il it ie s . $797,500 118,000 15,665 122,500 3,800 1,830 1,101,497 243,231 85,300 36,549 18,572 2,288 574 00 00 00 00 00 00 00 00 Deposits, . Guaranty fund, Profit and loss account, . $2,439,538 70 70,000 00 37,769 63 00 40 94 21 78 $2,547,308 33 $2,547,308 33 Cash on Deposit in Banks, amount in each: — Agricultural National Bank, Pittsfield, . Pittsfield National Bank, Pittsfield, Third National Bank, Pittsfield, . . . . National Revere Bank, Boston................................... National Bank of the Republic, Boston,. $ 8,010 99 10,561 95 10,000 00 19,396 26 7,153 14 Loans on Bank Stock, amount on each : — https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis O o *o €©■ On 5 shares Third National Bank, Pittsfield, On 5 shares Third National Bank, Pittsfield, On 15 shares Third National Bank, Pittsfield, On 85 shares Third National Bank, Pittsfield, On 37 shares Pittsfield National Bank, Pittsfield, . On 12 shares Pittsfield National Bank, Pittsfield, . On 8 shares Berkshire National Bank, North Adams, 00 00 00 00 00 1,200 00 600 00 500 1,365 8,500 3,000 38 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan Loans on Railroad Bonds, amount on each : — On $4,000 Boston & Albany R.R. 7s......................................................................$3,400 00 On $1,000 Boston & Lowell R.R. 7 s , ............................................................... 400 00 Detailed Statement o f Public Funds. l’ar Value. United States 4s, United States 6s, Town of Adams, Mass., 6s, City of Bath, Me., 6s, of Boston, Mass., 4s, District of Columbia 6s, . City of Columbus, Ohio, 4s, . of Dayton, Ohio, 4s, of East Providence, R. I., 5s, . Town of Framingham, Mass., 4s, . City of Keene, N. H., 4s, of Lowell, Mass., 4s, Town of Marlborough, Mass., 4s, . City of Milwaukee, Wis., 7s, . State of New Hampshire 6s, . Town of Pawtucket, R. I., 5s, City of Peoria, 111., 4s, . Town of Pittsfield, Mass., 4 s,. City of Providence, R. I., 5s, . Town of Southbridge, Mass., 4s, . of Spencer, Mass., 4s, . City of Springfield, Ohio, 6s, . of Taunton, Mass , 4s, Town of West Hartford, Conn., 4s, *A Estimated Market Value. $70,000 55,000 500 12,000 30,000 30,000 50,000 90,000 24,000 40,000 20,000 39,000 75,000 5,000 10,000 20,000 15,000 50,000 27,000 30,000 35,000 25,000 27,000 18,000 $86,900 00 69,025 00 540 00 12,500 00 31,650 00 31,050 00 50,500 00 92,300 00 24,960 00 42,200 00 20,400 00 40,560 00 80,250 00 5,250 00 12,000 00 22,300 00 15,600 00 52,250 00 30,510 00 30,750 00 37,450 00 28,750.00 - 28,620 00 18,720 00 $797,500 $865,035 00 Amount Invested. $70,000 55,000 500 12,000 30,000 30,000 50,000 90,000 24,000 40,000 20,000 39,000 75,000 5,000 10,000 20,000 15,000 50,000 27,000 30,000 35,000 25,000 27,000 18,000 00 00 00 00* 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $797,500 00 legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 45 109 41 100 32 68 60 80 80 25 120 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Howard Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, N’l B’k of Commerce, Boston, N’l B’k of the Republic, Boston, National Eagle Bank, Boston, N’l Hide & Leather B’k, Boston, Nat’l Revere Bank, Boston, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $4,500 10,900 4,100 10,000 3,200 6.800 6,000 8,000 8,000 2,500 12,000 Estimated Market Value. $6,412 12,889 4,848 12,200 3,520 9,826 7,680 13,360 8,240 3,000 14,880 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $4,500 10,900 4,100 10,000 3,200 6,800 6,000 8,000 8,000 2,500 12,000 00 00 00 00 00 00 00 00 00 00 00 39 P U B L IC DO CU M EN T — No. 8. 1890.] No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 80 35 20 60 20 70 2 32 101 Par Value. Nat’l Webster Bank, Boston, North National Bank, Boston, Shawmut Nat’l Bank, Boston, First Nat’l Bank, Chicopee, . Hadley Falls N’l B’k, Holyoke, Lee National Bank, Lee, Adams N’l Bank, No. Adams, Agricultural N’l B’k, Pittsfield, Pittsfield N’l Bank, Pittsfield, $8,000 3,500 2,000 6,000 2,000 7,000 200 3,200 10,100 Estimated Market Value. $8,000 4,865 2,600 8,700 3,300 9,800 300 8,000 16,160 Amount Invested. $8,000 3,500 2,000 6,000 2,000 7,000 200 3,200 10,100 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $118,000 $158,580 00 $118,000 00 Detailed Statement o f Railroad Bonds. Par Value. Worcester & Nashua R.R. 5s, . Boston, Revere Beach & Lynn R.R. 6s, Conn. & Passumpsic Rivers R.R. 7s, New York, New Hav. &Hart. R.R. 4s, Vermont & Massachusetts R.R. 5 s,. Boston & Albany R.R. 7S, $10,000 11,000 26,500 25.000 25.000 25.000 Estimated Market Value. $10,300 12,320 29,150 26,000 27,750 26,875 00 00 00 00 00 00 $122,500 $132,395 00 Amount Invested. $10,000 11,000 26,500 25.000 25.000 25.000 00 00 00 00 00 00 $122,500 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $36,549 40 85,300 00 2 per cent. 4 Amount. $1,356,682 00 Rate. 5 per cent. Amount. $7,511 00 6 per cent. “ Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, . . Number of loans which are of an amount not exceeding $3,000 each, 372 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 429 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rate. $1,830 00 1,300 00 57 60 439,495 00 130,847 37 40 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Rate and amount of each semi-annual dividend during the i 2 per cent., r $44,240 52 year ending Oct. 3 1 ,1 8 8 9 ,...................................................... $ 2 per cent., } 45,113 14 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, 1,420 Number of accounts closed during the year ending Oct. 31, 1889, 1,174 Total number of open accounts Oct. 31, 1889, . . . . 8,269 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta xes),..................................................................................................................... 7,258 71 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... 503,150 15 Number of same...................................................................................... 7,685 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 478,813 04 Number of s a m e , ................................................................................. 5,799 Date of examination by commissioner: August 1. Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. 5,620 $122,763 04 1,134 93,610 28 473 73,886 23 331 112,231 18 86 41 59,659 42 41,000 00 7,685 $503,150 15 C om m o n w ealt h ber. To the credit — O f women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ op Amount. 4,006 18 $247,345 68 3,416 06 69 34 7,539 25 7,979 95 M assach u setts . B e r k s h ir e , s s ., N ov. 5,1889. Personally appeared Robert W . Adam, Treasurer of the Berkshire County Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C h a s . E. B u r k e , Justice o f the Peace. B e r k s h ir e , ss ., N o v . 7,1889. Personally appeared Joseph Tucker, President, and J. L. Peck, H. Dodge, Chas. W . Kellogg, W . H. Sloan, H. M. Pierson and Frank W . Dutton, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C h a s . E. B u r k e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 41 P U B L IC D O CU M EN T — No. 8. 1890.] B E V E R L Y S A V IN G S B A N K — B E V E R L Y . Incorporated 1867. Present number of corporators, 42. R o b e r t R. E n d ic o t t , President. R o b ’ t G. B e n n e t t , Treasurer. R o b ’ t G. B e n n e t t , Clerk o f the Corporation. Names of committee charged with the investment of its funds : R o b ’ t R . E n d ic o t t , A u g ustus N . Cl a r k , S a m ’ l J. F o s t e r . Open for business every business day, 8.30 B a l a n c e Sh e e t , O c t o b e r a .m . to 1.30 p .m . 31, 1889. L ia b il it ie s . A ssets. $35,000 220,410 4,500 23.000 Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock,. Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Loans on depositors’ books, Deposit in bank, not on interest, Expense account, Premium account, Cash on hand, . . . . 00 00 00 00 20.000 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $1,137,664 29 25,867 83 2,457 37 3,483 18 5,531 75 439,567 37 247,837 42 100,000 00 350 47,000 244 25,596 435 00 00 27 08 78 $1,169,472 67 $1,169,472 67 Cash on Deposit in Bank : — Beverly National Bank, B e v e rly ,........................................................................$47,000 00 Loans on Bank Stock, amount on each : — On 25 shares Beverly National Bank, B e v e r l y ,.............................................$2,500 00 On 21 shares Beverly National Bank, Beverly, . . . . . . . 2,000 00 Detailed Statement o f Public Funds. Par Value. Town of Beverly, Mass., 4s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $35,000 Estimated Market Value. $36,050 00 Amount Invested. $35,000 00 42 B A N K C O M M ISSIO N ERS’ R E PO R T. [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 200 100 100 100 58 75 30 75 20 57 73 80 40 100 20 20 50 50 61 50 50 50 100 50 50 50 18 177 87 71 65 28 60 67 Par Value. Beverly Nat’l Bank, Beverly,. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, National City Bank, Boston, . Continental N’l Bank, Boston, National Eagle Bank, Boston, Nat’l Exchange Bank, Boston, Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide &Leather B’k, Boston, Howard Nat’l Bank, Boston, . Mass. National Bank, Boston, Merchandise N’l Bank, Boston, Merchants’ N’l Bank, Boston, New England N’l B’k, Boston, North National Bank, Boston, N’l B’k of Redemption, Boston, N’1B’k of the Republic, Boston, Nat’l Revere Bank, Boston, . Shawmut Nat’l Bank, Boston, Shoe &Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston,. Nat’l Webster Bank, Boston,. First National Bank, Lynn, . N’l Grand Bank, Marblehead, Asiatic National Bank, Salem, Nat’l Exchange Bank, Salem, First National Bank, Salem, . Mercantile Nat’l Bank, Salem, Merchants’ Nat’l Bank, Salem, Naumkeag Nat’l Bank, Salem, Salem National Bank, Salem, Estimated Market Value. Amount Invested. $27,000 00 11,800 00 11,000 00 9,500 00 7,105 00 7,725 00 3,825 00 7,762 50 1,970 00 6,954 00 8,760 00 8,800 00 10,900 00 6,950 00 2,910 00 3,240 00 6,950 00 6,725 00 10,165 00 6,200 00 6,350 00 4,700 00 11,500 00 5,675 00 5,000 00 6,500 00 2,160 00 6,018 00 10,179 00 9,443 00 7,962 50 1,890 00 8,400 00 8,911 00 $20,000 00 10,000 00 10,000 00 10,000 00 5,800 00 7,500 00 3,000 00 7,500 00 2,000 00 5,700 00 7,300 00 8,000 00 10,000 00 10,000 00 2,000 00 2,000 00 5,000 00 5,000 00 6,100 00 5,000 00 5,000 00 5,000 00 10,000 00 5,000 00 5,000 00 5,000 00 1,800 00 5,310 00 8,700 00 7,100 00 6,500 00 1,400 00 6,000 00 6,700 00 |20,000 10,000 10,000 10,000 5,800 7,500 3,000 7,500 2,000 5,700 7,300 8,000 10,000 10,000 2,000 2,000 5,000 5,000 6,100 5,tOO 5,000 5,000 10,000 5,000 5,000 5,000 1,800 5,310 8,700 7,100 6,500 1,400 6,000 6,700 $220,410 $260,930 00 $220,410 00 Detailed Statement o f Bailroad Bonds. Par Value. Eastern R.R. 6s, . . . Boston & Lowell R.R. 5s, Fitchburg R.R. 4is, . . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis *A . Estimated Market Value. $2,000 11,000 10,000 $2,520 00 12,100 00 10,000 00 $23,000 $24,620 00 legal investment when made. Amount Invested. $2,000 00* 11,000 00 10,000 00 $23,000 00 43 PU B L IC DO CU M EN T — No. 8. 1890.] Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $2,765 155,000 25.000 25.000 42 00 00 00 4 per cent. « “ H “ 0 Rate. Amount. $25,000 00 37.000 00 55.000 00 4§ per cent. H 4| “ “ Rate. Amount. $14,500 00 118,860 00 334,129 37 5 per cent. 5à “ 6 » Amount invested in real estate for banking purposes,.................................... $ 20,000 00 Estimated value of the same................................................................................... 20,000 00 Assessed value of the s a m e ,................................................................................. 20,250 00 Net income received from same during year ending Oct. 31, 1889, . . 720 25 Value, by books, of other real estate, held by foreclosure or otherwise, . 5,531 75 Assessed value of the s a m e ,................................................................................. 4,400 00 Net income received from same during year ending Oct. 31, 1889, . . 375 90 Number of loans which are of an amount not exceeding $3,000 each,. 417 Aggregate amount of the s a m e , ........................................................................ 395,254 79 Total number of loans upon real e s t a t e , .............................................412 Amount of investments from which no income is received, . . . . 2,765 42 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31,1889...................................................................................... 53,576 35 Rate and amount of eachsemi-annual dividend during the ? 2 per cent., $ 19,928 90 year ending Oct. 31, 1 8 8 9 ,...................................................... >2 per cent., ( 20,783 72 Times for the dividends fixed by the by-laws : fourth Wednesday in April and October. Number of accounts opened during the year ending Oct. 31,1889, . 646 Number of accounts closed during the year ending Oct. 31, 1889, . 426 Total number of open accounts Oct. 31, 1889.................................... 3,829 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of taxes),..................................................................................................................... 2,657 91 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... 279,382 71 Number of s a m e , .......................................................................................... 3,605 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ 220,475 58 Number of s a m e , .......................................................................................... 2,653 Date of examination by commissioner : August 8 . Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 2,647 $51,963 12 479 39,489 15 202 31,752 84 163 57,766 60 67 47 50,008 99 48,402 01 3,605 $279,382 71 not not not less ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust................................ Amount. 1,454 8 $128,410 31 3,324 03 112 98 10,480 26 9,349 89 44 B A N K CO M M ISSIO N ERS’ R E PO R T. C o m m o n w e a lt h of [Jan. M assach u setts . E sse x , ss ., N ov . 19, 1889. Personally appeared Robert G. Bennett, Treasurer of the Beverly Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E ssex, W il l ia m ss . H . L ovett , Justice o f the Peace. B e v e r l y , N ov. 19, 1889. Personally appeared Robert R. Endicott, President, and F. W . Choate, Samuel Porter, Sam’l J. Foster, Charles H. Odell and Joseph A. Wallis, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, W il l ia m H. L ovett , Justice o f the Peace. 1890.] P U B L IC D O CU M EN T — No. 8 45 BOSTON P IV E CENTS S A V IN G S B A N K — BOSTON. Incorporated 1854. Present number of corporators, 54. A lonzo H . E v a n s , President. C urtis C. N ichols , Treasurer. E d w a r d E d m u n d s , Clerk o f the Corporation. Names of committee charged with the investment of its funds : A. H. E v a n s , S. A. D e n io , S a m ’ l R. P a yso n , E ustace C . F i t z , S. A. Carleton , W m. L e a n d e r Be a l , 0 . Grover. Open for business every business day, 9 a .m . to 2 p . m . ; and Saturdays, for deposits only, 3 to 5 and 6 to 8 p . m . B ala n c e Sh e e t , O ctober 31, 1889. A ssets. Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on railroad bonds, . Loan on railroad stocks, . Railroad notes, . . . . Real estate (for banking pur poses) .......................................... Loans on real estate, . Loans on personal security, Loans to counties,cities or towns ( n o te s ),.................................... Deposits in banks, on interest, . Expense account, Cash on hand, . . . . L ia b il it ie s . $2,558,881 147.800 531.800 142,900 85,000 9,500 50 00 00 00 00 00 8,000 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Premium account, . Suspense account, . $16,226,321 40 572,361 18 32,127 00 214,206 57 120,058 21 3,473 06 250,000 00 36,878 68 7,098,870 55 5,417,800 00 127,500 731,724 130 21,761 00 85 60 24 $17,168,547 42 $17,168,547 42 Cash on Deposit in Banks, amount in each : — National Bank of the Commonwealth, Boston, National Security Bank, Boston, Maverick National Bank, Boston, Merchandise National Bank, Boston, . Mechanics’ National Bank, Boston, North National Bank, Boston, Blackstone National Bank, Boston, Amesbury National Bank, Amesbury, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $273,536 99,365 178,020 647 10,330 84,823 75,000 92 42 55 73 92 31 00 10,000 00 46 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Loans on Public Funds, amount on each : — On $5,000 United States 4 s , ............................................................... On $2,000 Cambridge, Mass., 6s , ...................................................... On $2,000 United States 4 s , ............................................................... On $2,000 United States 4s.................................................................. On $5,000 District of Columbia 3 .6 5 s ,............................................. On $2,000 Boston, Mass., 5 s , ...................................................... On $1,000 Newton, Mass., 6s , ...................................................... On $1,000 Providence, R. I., 5 s , ...................................................... On $130,000 Commonwealth of Massachusetts 3 per cent, note, $5,000 00 1,400 00 2,000 00 6,000 00 1,600 00 1,800 00 130,000 00 Loans on Bank Stock, amount on each : — On 146 shares Maverick National *Bank, Boston, On 30 shares Faneuil Hall National Bank, Boston, . On 35 shares National Hide and Leather Bank, Boston, On 5 shares National Webster Bank, Boston, On 26 shares National Rockland Bank, Boston, . On 200 shares National City Bank, Boston, On 30 shares Blackstone National Bank, Boston, On 20 shares Blackstone National Bank, Boston, On 25 shares First National Bank, South Weymouth, On 10 shares Laconia National Bank, Laconia, N. H., On 400 shares First National Bank, Worcester, . On 200 shares Broadway National Bank, Boston, On 50 shares Fourth National Bank, Boston, On 125 shares Fourth National Bank, Boston, . On 125 shares Broadway National Bank, Boston, On 10 shares First National Bank, Woburn, On 120 shares Freeman’s National Bank, Boston, On 120 shares Freeman’s National Bank, Boston, $14,600 00 2,300 00 2,500 15,000 2,700 1,800 00 00 00 00 2,200 00 800 00 40,000 00 20,000 00 20,000 00 1,000 00 10,000 00 10,000 00 Loans on Railroad Bonds, amount on each : — On $2,000 Old Colony R .R. 6s, . . On $6,000 New York, Providence & Boston R.R. 7s, On $1,500 Maine Central R .R. 7s, $ 2,000 00 6,000 00 1,500 00 Loan on Railroad Stock : — On 75 shares Boston & Albany R.R., $ 8,000 00 Detailed Statement o f Public Funds. Par Value. United States 6s, City of Chelsea, Mass., 6s, of Boston, Mass., 6 s.,. of Salem, Mass , 5s, . of Somerville, Mass., 5s, of Lowell, Mass., 6s, . of Keene, N. H., 4s, . District of Columbia 5s, District of Columbia 6s, City of Columbus, Ohio, 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . $200,000 50,000 200,000 100,000 78,000 5,000 100,000 65,000 46,000 70,000 Estimated Market Value. 00 $226,000 00 00 51,000 00 00 206,000 00 00 100,500 00 00 78,390 00 00 5,025 00 00 100,000 00 00 66,462 50 00 46,950 00 00 70,000 00 Amount Invested. $200,000 50,000 200,000 100,000 78,000 5,000 100,000 65,000 46,000 70,000 00 00 00 00 00 00 00 00 00 00 1890.] PU B LIC D O C U M E N T — No. 8. 47 Detailed Statement o f Public Funds — Concluded. Par Value. City of Biddeford, Me., 4s, of Cleveland, Ohio, 4^s, of East Saginaw, Mich., 5s, of Boston, Mass., 5s, . District of Columbia 7s, City of Boston, Mass., 3£s,. of Malden, Mass., 4 s ,. of Milwaukee, Wis., 4s, of Fitchburg, Mass., 6s, Town of Everett, Mass , 6s, of Danvers, Mass., 5s, City of Malden, Mass., 6 s,. of Norwich, Conn., 4s, Town of Brookline, Mass , 5s, . of Claremont, N. H., 6s, . of No Attleboro1,Mass.,4s, of Beverly, Mass , 4s, County of Carroll-? N. H., 4s, Town of Spencer, Mass., 4s, of No. Easton, Mass., 4 s,. $50,000 170,000 16,000 124,881 5,000 624,000 10,000 119,000 100,000 50,000 63,000 10,000 60,000 50,000 3,000 72,000 21,000 40,000 5,000 52,000 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Estimated Market Value. $50,000 170,000 16,800 128,627 5,075 624,000 10,000 119,000 101,000 50,750 63,630 10,000 60,000 50,750 3,000 72,000 21,000 40,000 5,000 52,000 00 00 00 93 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $50,000 170,000 16,000 124,881 5,000 624,000 10,000 119,000 100,000 50,000 63,000 10,000 60,000 50,000 3,000 72,000 21,000 40,000 5,000 52,000 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $2,558,881 50 $2,602,960 43 $2,558,881 50 No. of Shares. Detailed Statement o f Bank Stocks. 411 168 120 167 150 395 100 250 100 200 150 145 223 325 100 47 225 250 225 150 Par Value. Blackstone N’l Bank, Boston, N'l B’k of Commerce, Boston, Second Nat’l Bank, Boston, . North Nat'l Bank, Boston, Boston Nat’l Bank, Boston, . Tremont Natl Bank, Boston, Natl Eagle Bank, Boston, Atlas Natl Bank, Boston, Boyls'on N atl Bank, Boston, Natl Rockland Bank, Boston, Washington N’l Bank,Boston, Natl Webster Bank, Boston, Howard Natl Bank, Boston, . N’l Hide & LeatherB’k,Boston, Shawmut Natl Bank, Boston, Merchants’ N’l Bank, Boston, Suffolk Natl Bank, Boston, . First N atl Bank, Boston, Natl Revere Bank, Boston, . N’l B’k of the Republic, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $41,100 16,800 12,000 16,700 15,000 39,500 10,000 25,000 10,000 20,000 15,000 14,500 22,300 32,500 10,000 4,700 22,500 25,000 22,500 15,000 Estimated Market Value. $43,566 21,504 19,920 22,211 18,000 42,265 10,300 29,250 13,000 29,200 18,000 14,355 24,084 38,675 12,700 6,580 25,425 55,000 28,800 24,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $41,100 16,800 12,000 16,700 15,000 39,500 10,000 25,000 10,000 20,000 15,000 14,500 22,300 32,500 10,000 4,700 22,500 25,000 22,500 15,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 48 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan No. of Shares. Detailed, Statement o f Bank Stocks — Concluded. 100 280 100 202 100 54 101 330 100 50 Par Value. Continental N’l Bank, Boston, Nat’l Bank of the Commonwealth, Boston, . Merchandise N’l B’k, Boston, Nat’l City Bank, Boston, Hamilton Nat’l Bank, Boston, N’l B’k of Redemption, Boston, Nat’l Exchange Bank, Boston, Columbian Nat’l B’k, Boston, Third Nat’l Bank, Springfield, First N’l Bank, Marlborough, Estimated $10,000 $11,900 00 28,000 10,000 20,200 10,000 5,400 10,100 33,000 10,000 5,000 $531,800 Amount Invested. Market Value. 40,600 7,500 19,190 12,200 7,020 12,827 39,600 16,800 5,000 $10,000 00 00 00 00 00 00 00 00 00 00 28,000 10,000 20,200 10,000 5,400 10,100 33,000 10,000 5,000 00 00 00 00 00 00 00 00 00 $669,472 00 $531,800 00 # Detailed Statement o f Railroad Bonds. Par Value. Eastern R.R. 6s, . . . Boston & Albany R.R. 7s, Fitchburg R.R. 7s, . Boston, Clinton & Fitchburg R.R.5s, Boston & Maine R.R. 7s, *A Estimated Amount Invested. Market Value. $40,000 25,000 5.000 6.000 9,000 $46,000 26,250 5,250 6,300 9,450 00 00 00 00 00 $85,000 $93,250 00 $40,000 25,000 5.000 6.000 9,000 00* 00 00 00 00 $85,000 00 legal investment when made. dotal Amount of Loans with Each Specified Rate of Interest, including Deposits in Banks on Interest. Kate. Amount. $656,724 85 130,000 00 75,000 00 100,000 00 135,000 1,946,750 125,000 1,962,050 00 00 00 00 24 per cent. 3 34 3f 31 4 4| 4£ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis « » “ “ “ Rate. Amount. $ 100,000 410,000 3,232,876 357,000 621,900 2,688,089 00 4 X per cent. 00 4f 88 44 00 00 63 4| 4| 5 54 5\ 10,000 00 311,600 00 “ Amount. $605,967 42,800 319,777 38,500 35,050 30,019 Rate. 50 00 00 00 00 54 54 per cent. 5| 6 « 6| “ 64 “ 7 1890.] P U B L IC D O CU M EN T — No. 8. 49 Amount invested in real estate for banking purposes,.................................... $36,878 Estimated value of the same,................................................................................. 225.000 Assessed value of the same, ................................................................................. 272.000 Net income received from same during year ending Oct. 31, 1889, 10,000 Number of loans which are of an amount not exceeding $3,000 each, 421 Aggregate amount of the s a m e , ........................................................................ 743,796 Total number of loans upon real e s t a t e , ............................................. 830 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................ 774,253 Rate and amount of each semi-annual dividend during the 1 2 per cent., 1 283,437 year ending Oct. 31, 1 8 8 9 ,...................................................... i 2 per cent., J 289,072 Times for the dividends fixed by the by-laws: second Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 12,489 Number of accounts closed during the year ending Oct. 31, 1889, 6,699 Total number of open accounts Oct. 31, 1889, . . . . 108,795 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ),............................................................................................................................ 45,413 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. 4,784,910 Number of same, ......................................................101,624 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 4,174,670 Number of s a m e , ................................................................................ 69,736 Date of examination by commissioner : October 10. 68 00 00 00 36 71 93 68 16 98 31 Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 83,516 $1,326,639 59 not 9,723 794,705 49 4,255 692,192 58 2,993 1,039,924 98 739 398 525,725 22 405,723 12 not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious, and chari table associations, . In trust, . . . . less Amount. 33,015 109 $1,797,337 93 17,720 67' 284 2,506 34,837 46 190,156 53 101,624 $4,784,910 98 Co m m o n w e a lt h (5f M assach u setts . S u ffo lk , ss ., N ov. 14, 1889. Personally appeared Curtis C. Nichols, Treasurer of the Boston Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, G eorge B. Big e l o w , Justice o f the Peace. S u ff o lk , ss., Nov. 14, 1889. Personally appeared Alonzo H. Evans, President, and Dan’l W . Gooch, Walter P. Tilton, Edward Edmunds, Jos. H. Cannell and Henry F. Coe, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, G eorge B. B ig e l o w , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 50 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan BOSTON P E N N Y S A V IN G S B A N K — BOSTON. Incorporated 1864. Present number of corporators, 96. G eorge W . P ope , President. H e n r y It. R e y n o l d s , Treasurer. H e n r y R . R e y n o l d s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: G eorge W. P ope , John G o l d t h w a it , John A. P r a y , John Sw e e t s e r , V m. A. R ust , T hos . N . H a r t , G eorge N o w e l l . Open for business every business day, 9 a .m . to 3 p .m . ; also Saturday evenings, 5 to 8. B a l a n c e Sh e e t , O ctober 31,1889. L ia b il it ie s . A ssets. Bank stock as per schedule, Loans on bank stock, Real estate (for banking pur poses).......................................... Loans on real estate, . Loans on personal security, Deposit in bank, on interest, Expense account, Cash on hand, . . . . $82,580 50 | Deposits, . Guaranty fund, 5,500 00 Interest account, 115.000 00 672,929 48 305.000 00 50,649 08 416 15 5,476 56 $1,237,551 77 $1,201,825 76 30,857 53 4,868 48 $1,237,551 77 Cash on Deposit in Bank: — Mount Vernon National Bank, Boston,. $50,649 08 Loans on Bank Stock, amount on each: — On 5 shares Mechanics’ National Bank, Boston, . On 58 shares Fourth National Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $500 00 5,000 00 51 PU BLIC D O CU M ENT — No. 8. 1890.] No. of Shares. Detailed Statement of Bank Stocks. 42 50 50 37 150 100 50 50 25 50 11 41 48 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston,. Boston Nat’l Bank, Boston, . N’l B’k of Commerce, Boston,. Everett Nat’l Bank, Boston, . N’l Hide & Leather B’k,Boston, Howard Nat’l Bank, Boston, . Manufacturers’ N’l B’k,Boston, Merchants’ N’l Bank, Boston, N’l B’k of No. America, Boston, State National Bank, Boston,. Tremont Nat’l Bank, Boston,. Nat’l Webster Bank, Boston,. $4,200 5,000 5,000 3,700 15,000 10,000 5,000 5,000 2,500 5,000 1,100 4,100 4,800 $70,400 Estimated Market Value. $5,985 5,912 6,100 4,773 15,450 12,100 5,500 5,256 3,618 6,112 1,358 4,663 4,812 00 50 00 00 00 00 00 25 75 50 50 75 00 $81,642 25 Amount Invested. $6,384 6,300 6,050 4,662 15,000 11,550 6,250 5,325 3,600 5,525 1,402 5,084 5,448 00 00 00 00 00 00 00 00 00 00 50 00 00 $82,580 50 Total Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. Rate. 2J per cent. $515,979 48 15,400 00 o per cent. 5h Amount. $50,649 08 398,000 00 4h “ Rate. Amount. $46,100 00 7,950 00 6 per cent. 7 Amount invested in real estate for banking purposes,....................................$115,000 00 Estimated value of the sam e,................................................................................. 100,000 00 Assessed value of the s a m e ,................................................................................ 79,400 00 Net income received from same during year ending Oct. 31, 1889, . . 3,085 70 Number of loans which are of an amount not exceeding $3,000 each, 54 Aggregate amount of the s a m e , ........................................................................ 101,029 48 Total number of loans upon real e s t a t e , ............................................. 135 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 56,625 09 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 21,252 69 year ending Oct. 31, 1889, . . . . . . 1 2 per cent., 1 21,827 97 Times fixed for the dividends by the by-laws: second Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 1,162 Number of accounts closed during the year ending Oct. 31, 1889, . 980 Total number of open accounts Oct. 31, 1889, . . . . 6,789 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................................................................................................... 5,357 03 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889, . . . . . . . . . . . 375,569 45 Number of s a m e , ................................................................................. 8,922 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 52 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ...........................................................................................................$329,470 92 Number of s a m e , ................................................................................ 5,440 Date of examination by commissioner: January 15. Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Amount. 7,513 $101,252 58 708 58,193 37 358 55,717 03 251 86,237 66 64 28 46,168 81 28,000 00 8,922 $375,569 45 C o m m o n w e a lt h To the credit— O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ of Num ber. Amount. 2,713 17 $115,342 23 320 80 45 1,448 6,737 69 60,343 01 M assach u setts . S u ff o lk , ss ., N ov . 14, 1889. Personally appeared Henry R. Reynolds, Treasurer of the Boston Penny Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, G eorge 0 . Ca r p e n t e r , Justice o f the Peace. Suffolk, ss ., N ov. 14, 1889. Personally appeared George W . Pope, President, and J. B. Brigham, John Sweetser, J. D. Morton, J. W . Cummings and Pliny Nickerson, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, G eorge O. Ca r p e n t e r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] PU B L IC D O CU M EN T — No. 8. 53 B R A IN T R E E S A V IN G S B A N K — SOUTH B R A IN T R E E . Incorporated March 21, 1870. Present number of corporators, 43. B enjamin F. D yer , President. C. H. H obart, Treasurer. C. H. H obart, Clerk o f the Corporation. Names of committee charged with the investment of its funds : B. F. D yer , N ath ’ l H. H unt, P. D. H olbrook. Open for business every business day, 7 a .m . to 8 p .m . B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, L ia b il it ie s . $14,000 29,195 37,000 89,914 150 11,589 52 00 00 00 00 00 21 67 Deposits, . Guaranty fund, Interest account, $173,472 26 3,442 86 4,985 76 $181,900 88 $181,900 88 Cash on Deposit in Banks, amount in each : — Mount Vernon National Bank, Boston................................................................. $4,000 00 Shawmut National Bank, Boston,....................................................................... 7,589 21 Detailed, Statement o f Public Funds. Par Value. City of Manchester, N. H., 4 s ,. Town of Brookline, Mass., 5 s,. City of Worcester, Mass., 4^s,. of New Bedford, Mass., 5s, of Boston, Mass., 6s, Town of Chatham, Mass., 4is, City of Fall River, Mass,, 6s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,000 3,000 2,000 3,000 2,000 1,000 1,000 $14,000 Estimated Market Value. $2,140 3,390 2,260 3,390 2,190 1,020 1,060 00 00 00 00 00 00 00 $15,450 00 Amount Invested. $2,000 3,000 2,000 3,000 2,000 1,000 1,000 00 00 00 00 00 00 00 $14,000 00 B A N K CO M M ISSIO N ERS’ R E P O R T . 54 [Jan Ko. of Shares. Detailed Statement o f Bank Stocks. 16 7 20 15 31 10 45 10 13 8 25 28 22 25 Par Value. Union Market National Bank, Watertown,. Merchants’ N’l Bank, Boston, Manufacturers’ N’l B’k, Boston, State National Bank, Boston,. Blackstone N’l Bank, Boston, N’l B’k of No. America, Boston, Shawmut Nat’l Bank, Boston, N’l Hide & Leather B’k, Boston, Merchandise N’l B’k, Boston, Freeman’s Nat’l Bank, Boston, Shoe & Leather N’l B’k, Boston, Mt. Yernon N’l Bank, Boston, Union N’l Bank, W eymouth,. Brockton N’l Bank, Brockton, $1,600 700 2,000 1,500 3,100 1,000 4,500 1,000 1,300 800 2,500 2,800 2,200 2,500 $27,500 Estimated Market Value. $2,256 1,018 2,100 1,815 3,410 1,220 5,715 1,200 903 828 2,350 3,864 2,464 2,875 00 50 00 00 00 00 00 00 50 00 00 00 00 00 $32,019 00 Amount Invested. $1,920 700 2,000 1,500 3,100 1,000 5,175 1,000 1,300 800 2,500 3,500 2,200 2,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $29,195 00 Detailed Statement o f Railroad Bonds. Par Value. $5,000 10,000 3.000 5.000 2.000 5.000 2.000 5,000 Newport & Richford R.R. 5s, . Old Colony R.R. 4s, . . . Fitchburg R.R. 5s, . Conn. & Passumpsic Rivers R.R. 7s, Fitchburg R.R. 4|s, . . . . Vermont & Massachusetts R.R. 5s,. Boston & Maine R.R. 4 s,. Portland & Ogdensburg R.R. 6s, . $37,000 Estimated Market Value. $5,250 10,900 3,190 5,500 2,000 5,550 2,150 5,900 00 00 00 00 00 00 00 00 $40,440 00 Amount Invested. $5,000 10,000 3.000 5.000 2.000 5.000 2.000 5,000 00 00 00 00 00 00 00 CO $37,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $11,589 21 17,900 00 Rate. 2 per cent. 5 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rate. Amount. $2,000 00 68,264 00 per cent. 6 Amount. $500 00 1,400 00 Rate. 6£ per cent. 7 1890.] 55 P U B L IC D O CU M EN T — No. 8. . 79 Number of loans which are of an amount not exceeding $3,000 ea $79,000 00 Aggregate amount of the s a m e , ..................................................... . 82 Total number of loans upon real estate.............................................. 9,049 73 Amount of investments from which no income is received, . 2,919 21 cent., | Rate and amount of each semi-annual dividend during the 1 2 j 3,133 46 cent., 1 year ending Oct. 31, 1889...........................................................J 2 j Times for the dividends fixed by the by-laws ; January 1 and Jul . 93 Number of accoimts opened during the year ending Oct. 31, 1889, . 58 Number of accounts closed during the year ending Oct. 31, 1889, . 604 Total number of open accounts Oct. 31, 1889, . . . . Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 678 44 of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year 42,376 80 ending Oct. 31, 1889, . ' ................................................................................ Number of s a m e , .........................................................................................628 Amount of withdrawals, including dividends, during the year ending Oct. 30,134 36 31, 1 8 8 9 , .......................................................................................................... Number of s a m e , .........................................................................................323 Date of examination by commissioner: August 30. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and»less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 467 Num Amount. ber. To the credit — O f women, both adult and minor, Of religious and chari table associations, . In trust................................ $10,249 66 not 95 8,074 86 27 4,293 00 not not 26 8,803 46 7 6 4,955 82 6,000 00 628 $42,376 80 Amount. 179 $12,334 93 6 38 2,913 82 3,629 60 less Co m m o n w e a lt h of M assachusetts . N orfolk , ss ., N ov . 9, 1889. Personally appeared C. H. Hobart, Treasurer of the Braintree Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C h a s . C. M e l l e n , Justice o f the Peace. N o rfolk , ss ., N ov . 9, 1889. Personally appeared Benj. F. Dyer, President, and N. H. Hunt, P. D. Holbrook, Jas. T. Stevens, Francis A. Hobart and Geo. D. Willis, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C h a s . C. M e l l e n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 56 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan B R ID G E W A T E R S A V IN G S B A N K — B R ID G E W A T E R . Incorporated March 19, 1872. Present number of corporators, 19. S pen cer L eo n ar d , President. S a m u e l P. G a te s , Treasurer. G eo . M . H ooper , Clerk o f the Corporation. Names of committee charged with the investment of its funds: L afa ye t te K e it h , H osea K in g m a n , Jam es C. L e a c h , C h a s . H . P r a tt , Sa m ’ l P. G a te s . Open for business every business day, 7.30 a .m . to 12.30 p . m . ; 1.30 to 6 p .m . B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Real estate (for banking pur poses), ................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,................................... Loans on depositors’ books, Deposit in bank, not on interest, Expense account, Cash on hand, . . . . L ia b il it ie s . $11,000 15.000 55,843 275 49.000 00 00 75 00 00 5,450 00 192,616 00 48,453 45 3,500 750 46 102 14,770 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Suspense account, . $379,853 77 14,150 00 2,380 87 366 27 56 00 00 00 11 10 50 $396,806 91 $396,806 91 Cash on Deposit in Bank : — First National Bank, Boston,.............................................................. . . . $46 n Loan on Public Funds : — On $20,000 United States 4 £ s , ........................................................................ $15,000 00 Loan on Bank Stock : — On 6 shares Plymouth National Bank, P l y m o u t h , .................................... $275 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 57 PU B L IC D O CU M EN T — No. 8. Detailed Statement of Public Funds. Par Value. City of Boston, Mass., 5s, of Fall River, Mass., 6s, . Estimated Market Value. Amount Invested. $5,000 6,000 $6,025 00 7,740 00 $5,000 00 6,000 00 $11,000 $13,765 00 $11,000 00 JSo. of Shares. Detailed Statement o f Bank Stocks. 70 34 10 25 20 10 20 10 20 30 6 30 20 24 30 10 13 25 36 30 22 Par Value. Blackstone N’1 Bank, Boston, Boylston Nat’l Bank, Boston, Faneuil Hall N’1 B’k, Boston, Fourth Nat’l Bank, Boston, . Freeman’s N’I Bank, Boston, Globe National Bank, Boston, Howard Nat’l Bank, Boston, . Merchants’ N’1 Bank, Boston, National Eagle Bank, Boston, N’1B’k of Rédemption, Boston, Nat’l Security Bank, Boston,. North National Bank, Boston, Nat’l Rockland Bank, Boston, Shawmut Nat’l Bank, Boston, State National Bank, Boston, Washington N’1 B’k, Boston,. Abington N’1 B’k, Abington,. Blue Hill Nat’l Bank, Mjlton, Bristol Co. N’1 B’k, Taunton, Broekton N’1 Bank, Brockton, Home Nat’l Bank, Brockton, . $7,000 3,400 1,000 2,500 2,000 1,000 2,000 1,000 2,000 3,000 600 3,000 2,000 2,400 3,000 1,000 1,300 2,500 3,600 3,000 2,200 $49,500 Estimated Market Value. $7,892 4,692 1,440 2,943 2,075 985 2,200 1,445 2,060 4,035 1,071 4,170 3,020 3,120 3,630 1,255 1,625 2,593 5,200 3,450 2,860 50 00 00 75 00 00 00 00 00 00 00 00 00 00 00 00 00 75 00 00 00 $61,763 00 Amount Invested. $7,000 4,126 1,000 2,500 2,000 1,000 2,000 1,000 2,000 3,000 600 4,320 2,770 2,400 4,020 1,000 1,300 2,500 6,107 3,000 2,200 00 75 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $55,843 75 Detailed Statement o f Railroad Bonds. Estimated Market Value. Boston & Maine R.R. 7 s,. Boston, Revere Beach & Lynn R.R. 6s, Old Colony R.R. 6 s,. Fitchburg R.R. 6s, . Fitchburg R.R. 4s, . Old Colony R.R. 4*8, Boston & Albany R.R. 7s, Old Colony R.R. 4s, . . . Portland & Ogdensburg R.R. 6s, Fitchburg R.R 5s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,000 3,000 5,000 5,000 5,000 5,000 5,000 10,000 5,000 5,000 $49,000 $1,120 3,405 5,775 5,550 4,800 5,450 5,375 10,900 5,900 5,400 00 00 00 00 00 00 00 00 00 00 $53,675 00 IAmount Invested. $1,000 3,000 5,000 5,000 5,000 5,000 5,000 10,000 5,000 5,000 00 00 00 00 00 00 00 00 00 00 $49,000 00 58 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $15,000 00 79,500 00 Amount. Bate. 4£ per cent. 5 “ $5,000 00 160,169 45 Kate. 5| per cent. 6 Amount. Bate. $725 00 200 00 7 per cent. 8 $5,450 Amount invested in real estate for banking purposes,.................................... 5,450 Estimated value of the sa m e,................................................................................ 5,000 Assessed value of the s a m e , ............................................................................... 133 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each,. 146 141 605 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real estate,..................................................... 131 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889, . . .............................................................. 20,705 8,278 Rate and amount of each semi-annual dividend during the 1 2^ per cent., f 7,036 year ending Oct. 31, 1 8 8 9 , ..................................................... i 2 per cent., 1 Times for the dividends fixed by the by-laws : April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, . 204 Number of accounts closed during the year ending Oct. 31, 1889, . 123 Total number of open accounts Oct. 31, 1889, . . . . 1,345 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... 1,169 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,.................................................................................................. 103,765 Number of s a m e , ................................................................................ 1,202 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 83,534 Number of s a m e , .................................................................................1,037 Date of examination by commissioner: July 30. 00 00 00 50 45 46 61 74 57 70 41 Classification o f Deposits received during the Year ending Oct. 31,1889■ Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 770 $16,643 17 214 18,495 99 111 17,742 44 77 27,296 17 22 8 15,587 93 8,000 00 1,202 $103,765 70 not not not less ber. To the credit — O f women, both adult and minor, O f religious and chari table associations, . In trust................................ Amount. 528 $46,324 26 14 37 890 86 5,964 72 1890.] P U B L IC DO CU M EN T — No. 8. Com m o n w ea lth of 59 M a s sa c h u s e t t s . P lym outh, ss ., N ov . 19, 1889. Personally appeared Samuel P. Gates, Treasurer of the Bridgewater Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, J o se p h T o o k e r , Justice o f the Peace. P lym outh, s s ., N o v . 19, 1889. Personally appeared Spencer Leonard, President, and Lafayette Keith, John H. Fair banks, Geo. M. Hooper, P. 0 . Clark, Isaac Damon and Hosea Kingman, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, J o se p h T o o k e r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 60 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. BRIGHTON- F IV E CENTS S A V IN G S B A N K — (W A R D 25) BOSTON. Incorporated 1861. Present number of corporators, 122. N. W . S a n b o r n , President. B . S . F i s k e , Treasurer. B . S . F i s k e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : N. W . S a n b o r n , Benj. M. W . F. W P. F is k e , arren, M oley, G. A. F u l l e r . Open for business every business day, except Saturday, 9 a . m . to 12 m . ; 2 to 4 p . m . ; Saturdays, 9 a . m . to 12 m ., and 7 to 9 p . m . for deposits only. B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure,. Loans on real estate, . Loans on personal security, Deposit in bank, on interest, Expense account, Cash on hand, . . . . L ia b il it ie s . $45,370 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Rent account, . 20,000 00 13,862 200,580 32,000 7,044 508 489 46 00 00 52 84 42 $319,855 24 $305,570 41 7,650 00 4,878 41 1,720 97 35 45 $319,855 24 Cash on Deposit in Bank : — National Market Bank, Brighton,........................................................................$7,044 52 No. of Shares. Detailed Statement o f Bank Stocks. 12 12 5 10 19 15 23 Par Value. Blackstone N’l Bank, Boston, Boylston Nat’l Bank, Boston, Central Nat’l Bank, Boston, . Columbian N’l Bank, Boston, Everett Nat’l Bank, Boston, . Eliot National Bank, Boston, Freeman’s Nat’l Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,200 1,200 500 1,000 1,900 1,500 2,300 Estimateci Market Value. $1,356 1,656 675 1,230 1,957 1,950 2,369 00 00 00 00 00 00 00 Amount Invested. $1,200 1,440 500 1,100 1,900 1,650 2,300 00 00 00 00 00 00 00 1890.] PU B L IC D O CU M EN T — No. 8. 61 of No. Shares. Detailed Statement o f Bank Stocks — Concluded. 15 10 15 10 30 30 18 5 13 10 10 21 42 25 45 5 4 25 Par Value. N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Lincoln Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, N’l Market Bank of Brighton, Boston, . . . . Metropolitan N’l B’k, Boston, Old Boston N’l Bank, Boston, Nat’l Revere Bank, Boston, . Shoe & Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . State National Bank, Boston, Shawmut Nat’l Bank, Boston, Third National Bank, Boston, Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston, First National Bank, Lynn, . Union Market N’l B’k, Watertown, . . . . . First N’l Bank, West Newton, Estimated Market Value. Amount Invested. $1,500 1,000 1,500 1,000 $1,875 1,100 1,800 1,450 00 00 00 00 $1,575 1,000 1,575 1,300 00 00 00 00 3,000 3,000 1,800 500 1,300 1,000 1,000 2,100 4,200 2,500 4,500 500 3,000 3,090 2,178 680 1,300 1,160 1,290 2,730 4,410 2,865 4,500 625 00 00 00 00 00 00 00 00 00 00 00 00 4,050 3,000 2,070 5n0 1,300 1,000 1,000 2,310 4,200 2,500 4,500 500 00 00 00 00 00 00 00 00 00 00 00 00 400 2,500 600 00 2,500 00 400 00 2,500 00 $42,900 $48,346 00 $45,370 00 Detailed Statement o f Railroad Bonds. Par Value. New York, Prov. & Boston R.R. 7s, Maine Central R.R. 7s, . Fitchburg R.R. 7s, . Fitchburg R.R. 5s, . $3,000 4,000 5,000 8,000 $20,000 Estimated Market Value. $3,720 4,920 5,550 8,640 00 00 00 00 $22,830 00 Amount Invested. $3,000 4,000 5,000 8,000 00 00 00 ’ 00 $20,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. Rate. 24 per cent. $202,580 00 13,500 00 6 per cent. Amount. $7,044 52 13,200 00 54 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ 64 “ Amount. $3,200 00 100 00 Rate. 7 per cent. 8 “ 62 B A N K C O M M IS S IO N E D R E PO R T. [Jan. Value, by books, of real estate, held by foreclosure or otherwise, $13,862 46 Assessed value of the s a m e , ............................................................................... 14,800 00 Net income received from same during year ending Oct. 31, 1889, 264 34 Number of loans which are of an amount not exceeding $3,000 each, . 87 Aggregate amount of the s a m e , ....................................................................... 127,380 00 Total number of loans upon real e s t a t e , ............................................ 100 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... 16,873 83 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 5,096 25 • year ending Oct. 31, 1 8 8 9 , ..................................................... 1 2 per cent., 1 5,352 82 Times for the dividends fixed by the by-laws: first Saturday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 421 Number of accounts closed during the year ending Oct. 31, 1889, . 316 Total number of open accounts Oct. 31, 1889, . . . . 1,406 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... 1,702 01 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ 102,585 57 Number of s a m e , ................................................................................2,298 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 88,363 94 ......................................................1,241 Number of same, . . . Date of examination by commissioner: May 23. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 1,944 $29,970 86 181 15,275 31 93 14,600 29 55 20,711 64 10 15 7,027 47 15,000 00 2,298 $102,585 57 Co m m o n w ealth Num ber. To the credit — O f women, both adult and minor, O f religious and char itable associations, . In trust................................ of Amount. 1,014 $37,125 22 73 82 3,856 32 9,205 29 M assa ch u setts. Su ffolk, ss ., Nov. 4, 1889. Personally appeared Bela S. Fiske, Treasurer of the Brighton Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, H e n r y P. K e n n e d y , Justice o f the Peace. Suffo lk , ss ., N ov . 4, 1889. Personally appeared N. Warren Sanborn, President, and Benj. M. Fiske, F. G. Newhall, W . F. Warren, P. Moley, J. S. Duncklee and B. S. Fiske, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, H e n r y P. K e n n e d y , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis P U B L IC DO CU M EN T — No. 8. 1890.] 63 BR ISTOL CO U N TY S A V IN G S B A N K — T A U N T O N . Incorporated 1846. Present number of corporators, 108. J o s e p h E. W i l b a r , President. A l f r e d C. P l a c e , Treasurer. A l f r e d C. P l a c e , Clerk o f the Corporation. Names of committee charged with the investment of its funds: Jo s e p h E . W i l b a r , W i . H . Fox, S il a s D . P r e s b r e y , Z acheus Sh er m a n , E zra D avol. Open for business every business day, except Saturday, 9 9 a . m . to 4 p . m . a .m . to 1 p . m . ; Saturday, B a l a n c e S h e e t , O ctober 31, 1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad stocks, . Railroad notes, . . . . Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o t e s ) ,.................................... Loans on depositors’ books, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . $631,000 00 1,000 00 349,900 1,700 370,000 500 25.000 00 00 00 00 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $3,484,000 62 125,000 00 20,027 87 6,699 03 25.000 00 1,161,370 00 931,075 00 100,000 00 4,830 30.574 '647 3,130 00 95 18 39 $3,635,727 52 $3,635,727 52 Cash on Deposit in Banks, amount in each: — Bristol County National Bank, Taunton, Maverick National Bank, Boston, . National Bank of Redemption, Boston, . $15,481 73 10,355 23 4,737 99 Loan on Public Funds : — On $1,000 United States 4^s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . $ 1,000 00 64 B A N K CO M M ISSIO N E R S’ R E P O R T [Jan.. Loans on Bank Stock, amount on each : — On 4 shares Taunton National Bank, Taunton, . On 5 shares Merchants’ National Bank, New Bedford, On 5 shares First National Bank, New Bedford, . On 3 shares National Bank of Commerce, New Bedford, On 2 shares Mechanics’ National Bank, New Bedford, $200 00 ¡> 1,500 00 J Loan on Railroad Stock : — On 5 shares Boston & Albany Railroad, $500 00 Detailed Statement o f Public Funds. Estimated Par Value. City of Boston, Mass., 5s and 6s, of Brockton, Mass., 4s and 5 s,. of Columbus, Ohio, 4s, . of Cleveland, Ohio, 4s, . of Cambridge, Mass., 6 s,. of Dayton, Ohio, 4s, of Dover, N. H., 5 s ,. of East Saginaw, Mich., 5s, of Fall River, Mass., 5s and 6s, of Gloucester, Mass., 4s, . of Lowell, Mass., 6s, of Lynn, Mass., 4s, . of Newport, R. I., 4s, of New London, Conn , 4s, of NewBedford,Mass.,3^s&5s, of Pawtucket, R. I., 4s, . of Providence, R I , 5s, . of Portsmouth, N. H., 4s & 6s, of Springfield, Ohio, 4|s, of Springfield, Mass., 6s & 7 s ,. of Somerville, Mass., 4s, . of Taunton, Mass., 4s, of Worcester, Mass , 3^s, Town of Rockland, Mass., 4 s,. Market Value. $10,000 50,000 50,000 50,000 10,000 20,000 10,000 40,000 10,000 25,000 10,000 20,000 10,000 30,000 30,000 20,000 50,000 10,000 20,000 6,000 20,000 100,000 10,000 20,000 $631,000 $10,700 00 50,000 00 50,000 00 50,000 00 10,100 00 20,000 00 10,600 00 40,000 00 10,400 00 25,000 00 10,100 00 20,000 00 10,000 00 30,000 00 30,900 00 20,000 00 53,500 00 10,300 00 20,000 00 6,500 00 20,000 00 100,000 00 10,000 00 20,000 00 Amount Invested. $10,000 50,000 50,000 50,000 10,000 20,000 10,000 40,000 10,000 25,000 10,000 20,000 10,000 30,000 30,000 20,000 50,000 10,000 20,000 6,000 20,000 100,000 10,000 20,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00* 00 00 00 00 00 00 $638,100 00 $631,000 00 * A legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 85 150 118 50 100 Par Value. Bristol Co. Nat’l B’k, Taunton, Machinists’ N’l B’k, Taunton, . Taunton Nat’l Bank, Taunton, First National Bank, Chelsea, Third Nat’l Bank, Springfield, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $8,500 15,000 11,800 5,000 10,000 Estimated Market Value. $12,000 22,500 16,800 6,200 18,000 00 00 00 00 00 Amount Invested. $11,500 21,000 15,800 5,000 17,000 00 00 00 00 00 1890.] 65 PU B L IC DO CU M EN T — No. 8. No. of | Shares. Detailed Statement o f Bank Stocks — Concluded. 100 100 100 50 50 100 25 35 100 50 100 100 100 150 50 100 100 50 100 100 100 100 50 100 100 67 50 100 100 50 19 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston,. Boston Nat’l Bank, Boston, Boylston Nat’l Bank, Boston, . Columbian N ’l Bank, Boston,. Everett Nat’l Bank, Boston, . Eliot National Bank, Boston, . Faneuil Hall N’l Bank, Boston, First National Bank, Boston, . Freeman’s Nat’l Bank, Boston, Hamilton Nat’l Bank, Boston,. Howard Nat’l Bank, Boston, . Metropolitan N’l Bank, Boston, Merchants’ N’l Bank, Boston, . Mt.Vernon Nat’l Bank, Boston, N’l B‘k of the Republic, Boston, N’l B’k of Commerce, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, Nat’l Exchange Bank, Boston, National Eagle Bank, Boston, N’ l Hide&Leather B’k, Boston, Nat’ l Rockland Bank, Boston, National Union Bank, Boston, North National Bank, Boston, People’s Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston,. State National Bank, Boston, . Second Nat’l Bank, Boston, Tremont Nat’l Bank, Boston, . Washington N’l Bank, Boston, $10,000 10,000 10,000 5,000 5,000 10,000 2,500 3,500 10,000 5,000 10,000 10,000 10,000 15,000 5,000 10,000 10,000 5,000 10,000 10,000 10,000 10,000 5,000 10,000 10,000 6,700 5,000 10,000 10,000 5,000 1,900 $299,900 Estimated Market Value. $13,800 11,800 12,000 6,700 6,000 10,000 8,200 4,800 22,500 5,000 12,300 10,500 10,300 21,000 6,700 15,500 12,500 5,600 13,000 12,700 10,200 12,000 7,500 14,000 13,500 10,600 6,400 12,000 16,500 5,500 2,300 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $10,000 10,000 10,000 5,000 5,000 10,000 2,500 3,500 20,000 5,000 10,000 10,000 10,000 20,000 5,000 14,000 10,000 5,000 10,000 10,000 10,000 10,000 5,000 13,000 10,000 9,700 5,000 10,000 15,000 5,000 1,900 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $401,900 00 $349,900 00 __________ Detailed Statement o f Railroad Bonds. Par Value. Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Boston & Providence R.R 4s,. Boston & Lowell R.R. 4s, Boston & Albany R R. 6s, Boston & Maine R.R. 4 s ,. Boston,Revere Beach&Lvnn R.R.6s, Fitchburg R.R. 5s, . Old Colony R.R. 4s, 6s & 7s, . Vermont & Massachusetts R.R. 5 s ,. Wor., Nash. & Roch. R.R. 4s & 4*s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $50,000 50,000 50,000 10,000 50,000 15,000 40,000 50,000 20,000 35,000 $370,000 Estimated Market Value. $51,500 50,000 50,000 10,500 50,000 15,300 40,000 50,000 20,400 35,000 00 00 00 00 00 00 00 00 00 00 $372,700 00 Amount Invested. $50,000 50,000 50,000 10,000 50,000 15,000 40,000 50,000 20,000 35,000 00 00 00 00 00 00 00 00 00 00 $370,000 00 B A N K CO M M ISSIO N ERS’ R E P O R T . 66 [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $30,574 80,000 154,000 30.000 25.000 95 00 00 00 00 Rate. Amount. Rate. Amount. 2^ per cent. 3è “ 4 “ 4-JL “ i r “ $85,000 25.000 296,850 53.000 00 00 00 00 4,} per cent. 43 “ 4è “ 4§ “ Rate. Amount. $330,975 60,800 100,350 984,500 00 00 00 00 5 per cent. 5i “ 5* “ 6 “ $25,000 00 Amount invested in real estate for banking purposes,................................... 30,000 00 Estimated value of the s a m e ,............................................................................... 29,700 00 Assessed value of the s a m e , ................................................................................ 530 00 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 894 754,145 00 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,.....................................................891 Gross amount of interest or profits received or earned, as per books, during 177,831 44 year ending Oct. 31, 1 8 8 9 , ............................................................................... 65,111 86 Rate and amount of each semi-annual dividend during the 1 2 per cent., j 66,582 07 year ending Oct. 31, 1 8 8 9 , ............................................ A 2 per cent., 1 Times for the dividends fixed by the by-laws : April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889. 1,277 Number of accounts closed during the year ending Oct. 31, 1889, . 970 Total number of open accounts Oct. 31, 1889, . . . . 9,507 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 7,634 60 t a x e s ) ,.................................................................................................................. Amount of deposits, not including dividends, received during the year end 593,306 76 ing Oct 31, 1 8 8 9 ,............................................................................... Number of s a m e , ............................................................................... 7,567 Amount of withdrawals, including dividends, during the year ending Oct. 589,032 94 31, 1889,.................................................................................................................. Number of s a m e , ................................................................................6,093 Date of examination by commissioner: July 9. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 5,437 $112,498 78 1,038 87,225 07 497 77,538 70 383 130,563 62 123 89 86,613 60 98,866 99 7,567 $593,306 76 not not not less ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust................................ Amount. 3,393 22 $223,835 03 5,268 83 118 540 24,224 48 83,382 35 1890.] P U B L IC D O CU M EN T — No. 8. Com m onw ealth B r is t o l , of 67 M a s sa c h u s e t t s . T a u n t o n , N ov . 1, 1889. ss . Personally appeared Alfred C. Place, Treasurer of the Bristol County Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, B r is t o l , ss . F r e d e r ic k S. H a l l , Justice o f the Peace. T a u n t o n , N ov . 1, 1889. Personally appeared Joseph E. Wilbar, President, and Wm. H. Fox, Silas D. Presbrey, Ezra Davol, Everett D. Godfrey, Francis L. Morse and Philander Williams, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, F r e d e r i c k S. H a l l , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 68 BANK [Jan. CO M M ISSIO N ERS’ R E PO R T. B R O A D W A Y S A V IN G S B A N K — L A W R E N C E . Incorporated 1872. Present number of corporators, 25. J o h n F a l l o n , President. G i l b e r t E . H oo d , Treasurer. G . E . H o o d , Clerk o f the Corporation. Names of committee charged with the investment of its funds: Jo h n F a l l o n , A. W. T h o s . S cott , Stearns, M o r r is K n o w l e s , W m . P. C l a r k . Open for business every business day, 9 a .m . to 1 p . m ., except Saturday. B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans on depositors’ books, Deposit in bank, on interest, Deposit in bank, not on interes t ,. Cash onhand, . . . . L ia b il it ie s . $99,000 00 134,100 00 2,000 00 160,000 00 12,230 285,650 270,510 450 25,100 5,000 1,053 00 00 00 00 39 00 74 Deposits, . Guaranty fund, Interest account, Premium account, . Balance of Smith Fund, . $995,094 13 $901,031 27,600 8,726 34,380 72 00 61 OO 23,355 80 $995,094 13 Cash on Deposit in Bank: — Lawrence National Bank, L a w r e n c e ,............................................................... $30,100 39 Loan on Bank Stock: — On 20 shares Lawrence National Bank, L a w r e n c e ,.................................... $2,000 00 Detailed Statement o f Public Funds. Estimated Market Value. Amount Invested. $24,000 75,000 $25,200 00 78,000 00 $24,000 00 75,000 00 $99,000 $103,200 00 $99,000 00 Par Value. City of Peoria, 111 , 4^s, . Town of East Providence, R. I., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 69 PU B L IC DO CU M EN T — No. 8. No. of Shares. Detailed Statement o f Bank Stocks. 61 44 100 50 50 50 33 50 15 50 140 50 50 50 50 76 100 100 169 50 Par Value. Bay State N’l B’k, Lawrence, National City Bank, Boston, . N’l B’k of Commerce, Boston, National Eagle Bank, Boston, Eliot National Bank, Boston,. Everett Nat’l Bank, Boston, . Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Lawrence N’l B’k, Lawrence, Manufacturers’ N’l B’k, Boston, Market Nat’l Bank, Boston, . N’l B’k of No. America, Boston, State National Bank, Boston,. Shawmut Nat’l Bank, Boston, Shoe & Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston,. $4,800 4,400 10,000 5,000 5,000 5,000 3,300 5,000 1,500 5,000 14,000 5,000 5,000 5,000 5,000 7,600 10,000 10,000 16,900 5,000 Estimated Market Value. $8,960 4,180 12,800 5,150 6,500 5,100 3,250 6,100 1,800 5,500 17,500 5,250 4,990 6,100 6,050 9,652 9,400 11,500 19,181 5,000 00 00 00 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 50 00 $132,500 $153,964 00 Amount Invested. $6,400 4,400 10,000 5,000 5,000 5,000 3,300 5,000 1,500 5,000 14,000 5,000 5,000 5,000 5,000 7,600 10,000 10,000 16,900 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $134,100 00 Detailed Statement o f Railroad'Bonds. Par Value. Fitchburg R.R. 5s, . Boston & Lowell R.R. 4s, Boston & Maine R.R. 4 s,. Boston & Providence R.R. 4 s,. $50,000 50.000 10.000 50,000 $160,000 Estimated Market Value. $52,500 52.000 11.000 54,000 00 00 00 00 $169,500 00 Amount Invested. $50,000 50.000 10.000 50,000 00 00 00 00 $160,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $2-5,100 25,000 50.000 50.000 Kate. 39 00 00 00 per cent. “ “ 4 “ 44 4£ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $50,000 00 148,200 00 30,550 00 10,000 00 Rate. Amount. Kate. 4| per cent. 5 5è « 5| $185,105 00 2,875 00 6,880 00 6 per cent. 6è “ 7 70 B A N K COM M ISSIO N ERS’ R E P O R T . . [Jan. $12,230 00 Value, by books, of real estate, held by foreclosure or otherwise, 13,000 00 Assessed value of the s a m e ,................................................................................. 565 04 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 205 203,710 00 Aggregate amount of the same, ........................................................................ Total number of loans upon real estate,...................................................... 204 230 00 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 46,052 10 year ending Oct. 31, 1889...................................................................................... Rate and amount of each semi-annual dividend during the 1 2 per cent., f 15,867 26 19,332 42 year ending Oct. 31, 1889............................................................1 2J per cent., I Times for the dividends fixed by the by-laws: third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 483 Number of accounts closed during the year ending Oct. 31, 1889, . 312 Total number of open accounts Oct. 31, 1889, . . . . 2,400 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 2,904 25 t a x e s ) ,.................................................................................................................. Amount of deposits, not including dividends, received during the year end 218,012 34 ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ............................................................................... 2,359 Amount of withdrawals, including dividends, during the year ending Oct. 177,478 85 31, 1889..................................................................................................................... Number of s a m e , ............................................................................... 1,632 Date of examination by commissioner: March 29. Classification o f Deposits received during the Year ending Oct. 3 1 , 18 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 1,606 $30,682 69 341 28,876 86 170 26,931 08 159 60,316 53 46 37 33,564 70 37,640 48 2,359 $218,012 34 Amount. ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust, . . . . not not not 894 9 $92,059 69 6,025 00 11 49 1,918 10 9,765 72 less Com E ssex, Num m on w ealth of M assach u setts. L awrence , N ov. 7, 1889. ss. Personally appeared Gilbert E. Hood, Treasurer of the Broadway Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E ssex , ss. H. L. Sh erm an L , Justice o f the Peace. aw ren ce , N ov. 7, 1889. Personally appeared John Fallon, President, and A. W . Stearns, Morris Knowles,. C. C. Closson, Daniel Hardy, Wm. P. Clark, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. H . L . S h e r m a n , Justice o f the Peace. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 71 P U B L IC D O CU M EN T — No. 8 1890.] BROCKTON S A V IN G S B A N K — BROCKTON. Incorporated 1881. John J. W h ip p l e , Present number of corporators, 45. President. W m . W . C ross, C. It. F i l l e b r o w n , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds: D a v is S. Pack Bradford ard , E. Jon es, G ardner John J. W J. K E. H. R in g m a n . Open for business every business day, 9 h ip p l e , eyn o lds, a .m . to 2 p .m . B alance Sheet , October 31* 1889. L ia b il it ie s . A ssets. $79,080 13,800 137,180 592,560 Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Cash on hand, . . . . 00 00 00 88 171,162 00 13,000 6,064 1.572 142 1.572 00 48 94 09 42 Deposits, . Guaranty fund, Interest account, Profit and loss account, . Unsettled mortgage loans, $986,365 46 20,300 00 813 65 1,605 70 7,050 00 $1,016,134 81 $1,016,134 81 Cash on Depositen Banks, amount in each : — Maverick National Bank, Boston, . • .............................................................. $6,064 48 Brockton National Bank, B r o c k t o n ,............................................................... 1,572 94 Detailed Statement o f Public Funds. P a r V a lu e, City of Brockton, Mass., 4s, District of Columbia 6s, . District of Columbia 7s, . City of Cleveland, Ohio, 6s, of Cleveland, Ohio, 7s, of Columbus, Ohio, 6s, of Biddeford, Me., 4s, of Brockton, Mass., 5s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . E stim ated M a rk et V alue. $38,000 7.000 3.000 4.000 5.000 15,000 1.000 5,700 $40,250 8,820 3,975 4,600 5,650 15,375 1,040 6,384 00 00 00 00 00 00 00 00 $78,700 $86,094 00 A m ou n t In v ested. $38,000 7,140 3,060 4,080 5,100 15,000 1,000 5,700 00 00 00 00 00 00 00 00 $79,080 00 72 B A N K COM M ISSIO N ERS’ R E PO R T. [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 10 10 10 10 28 50 20 Par Value. Manufacturers’ N’l B’k,Boston, N’l B’k of No. America, Boston, Nat’l Webster Bank, Boston, Shawmut Nat’l Bank, Boston, Tremont Nat’l Bank, Boston, Brockton Nat’l Bank, Brockton, Home Nat’l Bank, Brockton, $1,000 1,000 1,000 1,000 2,800 5,000 2,000 $13,800 Estimated Market Value. $1,050 1,220 1,000 1,270 3,178 5,750 2,600 00 00 00 00 00 00 00 $16,068 00 Amount Invested. $1,000 1,000 1,000 1,000 2,800 5,000 2,000 00 00 00 00 00 00 00 $13,800 00 Detailed Statement o f Railroad Bonds. Par Value. Boston, Revere Beach & Lynn R.R. 6s, Boston & Lowell R.R. 5s, Boston & Lowell R.R. 6s, Boston & Lowell R.R 7s, Boston & Maine R.R. 7 s,. Boston, Clinton, Fitchburg- & New Bedford R.R. 5s, . Boston & Albany R.R. 7s, Conn. & Passumpsie Rivers R.R. 7s, Fitchburg R.R. 5s, . Newport & Richford R.R. 5s, . Nashua & Rochester R.R. 5s, . Nashua & Lowell R.R. 6s, Maine Central R.R. 6s, . Old Colony R.R. 6s,. Old Colony R.R. 7s,. Vermont & Massachusetts R.R. 5s,. Worcester & Nashua R.R. 5s, . Estimated Market Value. Amount Invested. $1,000 1,000 17,000 17,000 10,000 $1,135 1,105 19,295 19,040 11,080 00 00 00 00 00 $1,000 1,000 17,340 17,340 10,000 00 00 00 00 00 1,000 4,000 11,500 26,000 6,000 4,000 2,000 3,000 8,000 10,000 9,000 5,500 1,175 4,300 12,592 27,512 6,300 4,180 2,140 3,555 9,095 11,300 9,990 5,720 00 00 50 50 00 00 00 00 00 00 00 00 1,000 4,080 11,500 26,000 6,000 4,000 2,000 3,060 8,160 10,200 9,000 5,500 00 00 00 00 00 00 00 00 00 00 00 00 $136,000 $149,515 00 $137,180 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Rate. $6,064 48 2J per cent. 11,000 00 4 15,000 00 41 « 20,000 00 2,000 00 4* 4| “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $25,000 226,085 26,000 5,000 Kate. 00 4§ per cent. 88 00 5 5è “ 00 5f “ Amount. $441,237 00 2,000 00 3,250 00 150 00 Rate. 6 per cent. 6* “ 7 8 1890.] 73 P U B L IC D O CU M EN T — No. 8. Number of loans which are of an amount not exceeding $3,000 each, . 323 $365,045 88 Aggregate amount of the s a m e , ............................................ ........ Total number of loans upon real e s t a t e , ............................................ 326 Gross amount of interest or profits received or earned, as per books, during 49,068 36 year ending Oct. 31, 1 8 8 9 , ................................................................................ 15,834 92 Rate and amount of each semi-annual dividend during the ) 2 per cent., j 16,944 59 year ending Oct. 31, 1 8 8 9 ,..................................................... > % Per cent., 1 Times for the dividends fixed by the by-laws: April 15 and October 15. Number of accounts opened during the year ending Oct. 31, 1889, 1,638 Number of accounts closed during the year ending Oct. 31, 1889, 1,079 Total number of open accounts Oct. 31, 1889, . . . . 4,991 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 1,939 30 of t a x e s ) , .......................................................................................................... Amount of deposits, not including dividends, received during the year 465,548 59 ending Oct. 31, 1 8 8 9 , ......................................................................................... Number of s a m e , ................................................................................7,974 Amount of withdrawals, including dividends, during the year ending Oct. 365,476 35 31, 1 8 8 9 , .............................................................. Number of s a m e , ..................................................... Date of examination by commissioner : March 15. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 6,033 $129,246 73 1,119 92,356 83 ber. % To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . not not 430 68,719 23 291 98,001 37 80 21 55,455 43 21,769 00 7,974 $465,548 59 not less Com m on w ealth of M Amount. 3,011 33 $185,729 79 5,474 58 74 1,047 8,608 00 36,737 89 assach usetts. P lym outh , s s ., N ov. 15,1889. Personally appeared C. R. Fillebrown, Treasurer of the Brockton Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, L o r in g W . P u f f e r , Justice o f the Peace. P lym ou th , ss , Nov. 15, 1889. Personally appeared John J. Whipple, President, and B. E. Jones, E. H. Reynolds, L. F. Severance, C. H. Cary and W . W . Cross, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, L o r in g W . P u f f e r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis B A N K CO M M ISSIO N ERS’ R E PO R T. 74 [Jan BR O O K FIELD S A V IN G S B A N K — BR OO K FIELD . Incorporated 1872. H enry D. F ares, Present number of corporators, 28. President. H H P. ia r m G erald , P. G ir a m erald Treasurer. , Clerk o f the Corporation. Names of committee charged with the investment of its funds: H. Y. C rosby , G W . T eo. S. Open for business every business day, 8 a .m B a l a n c e Sh e e t , O cto b er . uell to 12 , m . ; 1 to 6 p .m . 31, 1889. A ssets. Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,................................... Deposits in banks, on interest, . Expense account, Cash on hand, . . . . D u fts. L ia b il it ie s . $400 00 41,999 12 15,435 00 Deposits, . Guaranty fund, Interest account, $74,688 94 1,469 99 974 41 12,000 00 5,350 88 55 50 1,892 84 $77,133 34 $77,133 34 Cash on Deposit in Banks, amount in each : — City National Bank, Worcester, First National Bank, Worcester, Mechanics’ National Bank, Worcester, Central National Bank, Worcester, . Boston Safe Deposit and Trust Company, Boston, $3,140 2,195 4 7 4 01 17 00 67 03 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $5,350 88 8,000 00 2 per cent. 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ Amount. R ate. Amount. $4,000 00 7,000 00 4J per cent. 5 “ $5,800 4)0 44,634 12 Rate. 6 per cent. 1890.] 70 P U B L IC D O CU M EN T — No. 8. Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 95 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................54 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the ?2 per cent., $ year ending Oct.-31, 1 8 8 9 ,......................................................’ 2 per cent., I Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 130 Number of accounts closed during the year ending Oct. 31, 1889, . 88 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 481 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 00 450 00 17 50 69,434 12 2,776 11 1,256 43 1,330 08 ta x e s),.................................................................................................................... Amount of deposits, not including dividends, received during the year end 192 36 ing Oct. 31, 1889,.................................................................................................. Number of s a m e , ......................................................................................... 590 Amount of withdrawals, including dividends, during the year ending Oct. 23,815 30 31, 1 8 8 9 , ............................................................................................................ Number of s a m e , ..........................................................................................^81 Date of examination by commissioner: January 28. 19,201 30 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . Of $1,000 or more, . Num Amount. 490 $7,849 48 60 5,228 21 22 3,627 63 16 5,517 52 1 1 592 46 1,000 00 590 $23,815 30 not not not less Co m m onw ealth ber. To the credit — Of women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ of Amount. 109 1 $6,064 73 56 84 19 4 906 69 800 00 M a s sa c h u s e t t s . W o r c e s t e r , ss . , N o v . 18, 1889. Personally appeared Hiram P. Gerald, Treasurer of the Brookfield Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matteis to which they relate, according to his best knowledge and belief. Before me, H e n r y E. C o t t l e , Justice o f the Peace. W o r c e s t e r , ss ., N o v . 19, 1889. Personally appeared Henry D. Pales, President, and H. V . Crosby, Geo. S. Duell, J. W . Livermore, W. F. Hayden and Hiram P. Gerald, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, H e n r y E. C o t t l e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 76 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. B R O O K LIN E S A V IN G S B A N K — B R O O K LIN E . Incorporated February, 1871. Present number of corporators, 43. W m . H. L in c o l n , President. V m . E. L in c o l n , Treasurer. W m . E L in c o l n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : C h a s . H. S t e a r n s , T h os . P . R i t c h i e , N ath ’l L y fo r d , B. W . N eal, B en j. F . B a k e r , W m. E. L in c o l n . Open for business Monday and Saturday, 5.15 to 8 p .m . ; Wednesday, 3 to 5 p .m . B alance Sheet , October 31,1889. L ia b il it ie s . A ssets. Deposits, . Guaranty fund, Interest account, Profit and loss account, $39,804 00 32,646 63 20,487 50 Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate (for banking pur poses), ................................... Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . 7,231 300,000 20,000 26,623 580 731 36 00 00 04 10 82 $440,310 49 6,313 17 1,432 01 48 78 $448,104 45 $448,104 45 Cash on Deposit in Banks, amount in each : — $11,404 47 8,695 86 6,522 71 Shawmut National Bank, Boston, . Central National Bank, Boston, Brookline National Bank, Brookline, Detailed Statement of Public Funds. Par Value. Town of Brookline, Mass , 7s, of Brookline, Mass., 4^s, of Brookline, Mass., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $4,000 10,000 25,000 $5,000 00 10,300 00 25,675 00 $4,200 00 10,550 00 25,054 00 $39,000 $40,975 00 $39,804 00 1890.] 77 P U B L IC DO CU M EN T — No. 8. No. of Shares. Detailed Statement o f Bank Stocks. 75 50 30 20 50 37 12 Par Value. $7,500 5,000 3,000 2,000 5,000 3,700 1,200 Central Xat’l Bank, Boston, . Merchandise X ’l B’k, Boston, Tremont Xat’l Bank, Boston, Brookline X ’l B’k, Brookline, Xational City Bank, Boston, . Xational Revere Bank, Boston, Xational Eagle Bank, Boston, $27,400 Estimated Market Value. $10,125 3,475 3,405 2,200 4,750 4,588 1,236 00 00 00 00 00 00 00 $29,779 00 Amount Invested. $11,400 5,000 3,344 2,000 5,531 4,057 1,314 00 00 13 00 25 00 25 $32,646 63 Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 4s, . Fitchburg R.R. 5s, . Estimated Market Value. Amount Invested. $10,000 10,000 $9.600 00 10,800 00 $10,000 00 10,487 50 $20,000 $20,400 00 $20,487 50 Total Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $6,522 71 20,100 33 42,300 00 Rate. Amount. Rate. 2 per cent. 2è “ 4è “ $208,100 00 35,400 00 5 per cent. 5i “ Amount. $33,950 00 250 00 Rate. 6 per cent. 7 Amount invested in real estate for banking purposes,................................... $7,231 36 Estimated value of the s a m e ,............................................................................... 7,500 00 Assessed value of the same..................................................................................... 6,100 00 Net income received from same during year ending Oct. 31, 1889, . . 240 00 Number of loans which are of an amount not exceeding $3,000 each, . 64 Aggregate amount of the s a m e , ...................................................................... 89,200 00 Total number of loans upon real estate....................................................... 99 Gross amount of interest or profits received or earned, as per books, dur ing year ending Oct. 31, 1889............................................................................... 18,505 69 Rate and amount of each semi-annual dividend during ¡he ) 2 per cent., f 6,853 51 year ending Oct. 31, 1 8 8 9 , .....................................................i 2 per cent., 1 7,400 78 Times for the dividends fixed by the by-laws: second Monday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 586 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 78 B A N K CO M M ISSIO N ERS’ R E P O R T . Number of accounts^closed during the year ending Oct. 31, 1889, . 354 Total number of open accounts Oct. 31, 1889, . . . . 2,366 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)....................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................... Number of s a m e , ............................................................................... 4,113 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,...................................................................................................................... Number of s a m e , ............................................................................... 1,807 Date of examination by commissoner : August 14. [Jan. $2,069 75 166,36117 123,13873 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. ber. 3,429 $58,462 94 424 33,526 42 137 19,947 23 94 31,250 98 19 10 13,173 60 10,000 00 4,113 $166,361 17 To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . not not not less Co m m o n w e a l t h of Amount. 1,593 7 $66,011 10 1,336 66 21 657 2,111 05 20,836 41 M a s sa c h u s e t t s . Suffolk, ss ., Nov. 15, 1889. Personally appeared William E. Lincoln, Treasurer of the Brookline Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, A lbert L. L incoln, Jr ., Justice o f the Peace. N orfolk an d Su f f o l k , ss ., N ov . 16, 1889. Personally appeared William H. Lincoln, President, and B. F. Baker, Wm. Lincoln, Jas. P. Stearns, Alfred E. Kenrick and Clement K . Fay, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, A l b e r t L. L in c o l n , J r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 79 P U B L IC D O CU M EN T — No. 8. CAM BR ID G E S A V IN G S B A N K — CA M BR ID G E . Incorporated April 2, 1834. Present number of corporators, 47. O sc a r F. A l l e n , Treasurer. C h a s . W . S e v e k , President. J a s . H. W yeth, Clerk o f the Corporation. Names of committee charged with the investment of its funds : Jos. R. P e t t i n g i l l , A n d r e w S. W a i t t , Ch as. W . S ev er, W m . K im b a l l , E d w in D r e s s e r , J o h n T. G. N ic h o l s . Open for business every business day, 8 B a l a n c e Sh e e t , O c to b er . to 1 p . m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . a .m $154,000 260,676 50,000 180,000 18,991 1,130,532 826,642 34,153 1,780 2,562 00 85 00 00 62 00 44 77 52 23 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Unsettled mortgage,. $2,524,600 74 70,000 00 36,735 84 27,002 85 1,000 00 $2,659,339 43 $2,659,339 43 Cash on Deposit in Banks, amount in each: — Charles River National Bank, C am bridge,......................................................$12,153 77 Maverick National Bank, B o s t o n , ............................................................... 22,000 00 Loan on Bank Stock: — On 500 shares Maverick National Bank, Boston,.............................................$50,000 00 Detailed Statement o f Public Funds. Par Value. City of of of of Fall River, Mass., 6s, . Newburyport, Mass., 6s, Cambridge, Mass., 6s, Lowell, Mass., 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $21,000 18,000 10,000 20,000 Estimated Market Value. $26,920 18,495 12,430 20,400 00 00 00 00 Amount Invested. $21,000 18,000 10,000 20,000 00 00 00 00 80 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds — Concluded. Par Value. City of Fitchburg, Mass., 6s, . of Providence, R. I., 5s, . of Boston, Mass., 6s, of Boston, Mass., 5s, of Springfield, Mass., 7s, Town of Westborough, Mass., 5s, . of Medford, Mass , 6s, . Commonwealth of Massachusetts 5s, $25,000 22,000 15,000 2,000 1,000 14,000 2,000 4,000 Estimated Market Value. $25,875 25,000 16,335 2,380 1,380 16,660 2,030 4,320 00 00 00 00 00 00 00 00 $154,000 $172,225 00 Amount Invested. $25,000 22,000 15,000 2,000 1,000 14,000 2,000 4,000 00 00 00 00 00 00 00 00 $154,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 159 265 18 107 42 9 69 93 114 58 134 10 50 145 2 00 117 125 11 11 28 146 30 5 25 46 50 60 50 10 Par Value. Atlas National Bank, Boston, Boston Nat’l Bank, Boston, . Continental N’l Bank, Boston, Eliot National Bank, Boston, Faneuil Hall N’l B’k, Boston, Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Shawmut Nat’l Bank, Boston, State National Bank, Boston,. Suffolk Nat’l Bank, Boston, . Third National Bank, Boston, Tremont Nat’l Bank, Boston, N’l B’k of Commerce, Boston, Nat’l Exchange Bank, Boston, Nat’l Eagle Bank, Boston, N’l Hide & Leather B’k,Boston, Nat’l Revere Bank, Boston, . Nat’l Rockland Bank, Boston, National Union Bank, Boston, Charles River National Bank, Cambridge, Newton Nat’l Bank, Newton, Naumkeag Nat’l Bank, Salem, First N’l Bank, New Bedford, National Bank of Commerce, New Bedford, First Nat’l Bank, Leominster, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $15,900 26,500 1,800 10,700 4,200 900 6,900 9,300 11,400 5,800 13,400 1 ,0 0 0 5,000 14,500 2 0 ,0 0 0 11,700 12,500 1 ,1 0 0 1 ,1 0 0 2,800 14,600 3,000 500 2,500 4,600 5,000 6 ,0 0 0 5,000 1 ,0 0 0 $218,700 * This Estimated Market Value. Amount Invested. $18,762 32,330 2,214 13,910 5,964 927 6,762 11,389 12,540 5,684 19,028 1,280 6,050 16,675 20,600 13,472 16,250 1,397 1,144 3,360 19,564 4,500 715 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $19,054 29,134 2,203 12,489 5,484 997 8,919 11,590 12,831 6,280 18,207 1,206 5,481 17,836 20,556 14,003 15,309 1,575 1,241 3,144 17,499 4,625 719 25 37 25 12 75 25 26 00 49 63 25 25 25 50 12 25 ' 99 75 88 00 99 25 00 3,750 4,232 6,750 9,000 00 00 00 00 2,526 5,880 7,800 7,420 5,650 500 00 00 6,160 00 500 00* 00 00 00 00 $264,399 00 $260,676 85 hank is in process of liquidation. 1890.] P U B L IC D O CU M EN T — No. 8. 81 Detailed Statement of Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Lowell & Andover R.R. 6s, Fitchburg R.R. 4is, . . . Fitchburg R.R. 5s, . $4,000 1,000 50,000 125,000 . $180,000 Estimated Market Value. $4,300 1,090 50,125 135,000 00 00 00 00 Amount Invested. $4,000 1,000 50,000 125,000 00 00 00 00 $190,515 00 $180,000 00 Total Amount o f Loans with Each Specified Rate of Interest, including Deposits in Banks on Interest. Amount. $9,792 12,153 22,000 30,000 62,500 44 77 00 00 00 Kate. 0 per cent. 2è 3| 4 “ 4i “ Amount. $534,300 307,000 875,750 53,837 00 00 00 00 Kate. 4.J, per cent. 4| 5 “ Si “ Amount. $111,745 9,300 6,050 6,900 00 00 T)0 00 Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each, . 300 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 377 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31,1889..................................................................................... Rate and amount of each semi-annual dividend during the ? 2 per cent.,t year ending Oct. 31, 1889, ............................................. • >2 per cent., c Times for the dividends fixed by the by-laws: fourth Thursday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, 1,182 Number of accounts closed during the year ending Oct. 31, 1889, . 736 Total number of open accounts Oct. 31, 1889, . . . . 7,467 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)......................................................................................................... ......... Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,......................................................................................... Number of same, ' .................................................................................8,882 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889, . .................................... ............................................ Number of same................................ ..................................................... 6,448 Date of examination by commissioner: June 13. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Kate. 6 per cent. 6i “ 7 7i “ $18,991 62 24,250 00 367,822 00 10,292 44 123,994 85 44,591 37 45,720 71 6,097 44 564,583 70 488,050 42 82 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Amount. 6,618 $132,761 72 1,255 100,007 38 481 73,678 47 368 123,107 24 89 71 64,028 89 71,000 00 8,882 $564,583 70 Com m onw ealth M id d l e s e x , Num ber. Num ber. of To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ Amount, 4,641 29 $289,140 19 3,841 00 175 379 14,412 98 31,668 33 M a s sa c h u s e t t s . C a m b r i d g e , N ov . 5, 1889. ss . Personally appeared Oscar F. Allen, Treasurer of the Cambridge Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M id d l e s e x , ss. W m , B. D u r a n t , Justice o f the Peace. C a m b r id g e , N ov . 13, 1889. Personally appeared Chas. W . Sever, President, and John Wilson, Edwd. R. Cogs well, Franklin Perrin, J. T. G. Nichols and John H. Hubbard, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W i l l i a m B. D u r a n t , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 83 P U B L IC D O CU M EN T — No. CA M BR IDGEPOR T S A V IN G S Incorporated 1853. B A N K — CAM BR IDGEPOR T, Present number of corporators, 17. J o se p h A. H o l m e s , President. H e n r y W . B u l l a r d , Treasurer. J. F. L a n e , Clerk o f the Corporation. Names of committee charged with the investment of its funds: J o se p h A. H o l m e s , D a n ie l U . Ch a m b e r l in , B e n j a m in R T il t o n . Open for business every business day, 8.30 Balance Sh e e t , O cto b er to 1.30 p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate,. Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in banks, on interest, . Expense account, . . . Cash on hand, . . . . a .m . $1,351,618 98,100 20,000 271,000 23,000 1,077,566 162,600 90 00 00 00 00 40 00 184.000 121.000 1,313 3,403 00 00 53 69 Deposits, . Guaranty fund, Interest account, $3,313,602 52 $3,171,620 94 105,000 00 36,981 58 $3,313,602 52 Cash on Deposit in Banks, amount in each: — First National Bank, Cambridge,........................................................................$41,000 00 Cambridgeport National Bank, Cambridge,...................................................... 40,000 00* 40,000 00* National City Bank, C am bridge,....................................................................... Loan on Bank Stock: — On 200 shares Metacomet National Bank of Fall River, with 40 shares Old Colony Railroad and 25 shares B o s t o n Ma i n e Railroad, . . . * These amounts have since been reduced within the legal limit. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $20,000 00 I 84 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Public Funds. Estimated Market Value. 1 I 1 City of Boston, Mass., 6s, . of Boston, Mass., 5s, . of Cambridge, Mass., 6s, of Cambridge, Mass., 4s, of Cleveland, Ohio, 4s, of Cleveland, Ohio, 7s, of Cleveland, Ohio, 6s, of Cleveland, Ohio, 3.65s, . of Columbus, Ohio, 4s, of Dayton, Ohio, 4s, of Grand Rapids, Mich., 8s, of Grand Rapids, Mich , 4s, of Lawrence, Mass., 4s, of Middletown, Conn., 4s, . of New Bedford, Mass., 5s, of New Britain, Conn., 4s, . of Newton, Mass., 6s, . of Newton, Mass., 4s, . of Peoria, 111., 4|s, of Springfield, Ohio, 4£s, of Springfield, Mass., 7s, of Taunton, Mass., 4 s ,. of Worcester, Mass., 4s, of Worcester, Mass., 5s, District of Columbia 6s, Town of Beverly, Mass., 4s, of E. Providence, R. I., 4s, of Kingston, Mass., 4s, of Maynard, Mass , 4s, of Rockland, Mass., 4s, of So. Abington, Mass., 4s, of Waltham, Mass., 4s, of Weymouth, Mass., 4s, . of Woonsocket, R. I., 4s, . United States 4s, . $39,000 45,118 7,000 165,000 14,000 25,000 54,000 7,000 40,000 50,000 5,000 19,000 58,000 25,000 5,000 5,000 3,000 13,000 50,000 50,000 15,000 35,500 50,000 20,000 30,000 72,000 50,000 33,000 40,000 56,000 19,000 46,000 31,000 50,000 125,000 00 90 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $42,440 50,288 7,390 179,237 14,770 27,838 56,290 7,070 41,200 52,250 6,000 19,760 61,480 26,875 5,750 5,250 3,900 13,341 56,000 56,500 19,031 36,565 54,000 23,800 31,300 76,320 52,000 33,825 42,400 57,400 19,380 46,345 33,170 53,000 158,750 00 41 00 50 00 75 00 00 00 00 00 00 00 00 00 00 00 25 00 00 25 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $39,000 45,118 7,000 165,000 14,000 25,000 54,000 7,000 40,000 50,000 5,000 19,000 58,000 25,000 5,000 5,000 3,000 13,000 50,000 50,000 15,000 35,500 50,000 20,000 30,000 72,000 50,000 33,000 40,000 56,000 19,000 46,000 31,000 50,000 125,000 00 90 00 00 0000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $1,351,618 90 $1,470,917 16 $1,351,618 90 ° 8 I I I I I 1 1 I 1 I 1 1 I 1 1 I 1 Detailed Statement o f Bank Stocks. Vh J m 1 Estimated % Market Value. 50 40 50 100 56 Blackstone N’I Bank, Boston, Eliot National Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’I B’k of Commerce, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 4,000 5,000 10,000 5,600 $5,637 5,260 4,925 12,600 7,168 50 00 00 00 00 $5,000 4,000 5,000 10,000 .5,600 00 00 00 00 00 1 1 I 1 I 1890.] P U B L IC D O CU M EN T — No. 8. 85 No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 206 150 100 50 75 40 50 14 Par Value. Nat’l Union Bank, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston,. Washington N'l Bank, Boston, Nat’l Webster Bank, Boston, Cambridgeport National B’k, Cambridge, First Nat’l Bank, Cambridge, Nat’l City Bank, Cambridge;, $20,600 15,000 10,000 5,000 7,500 Estimated Amount Invested. Market Value. $29,458 17,287 11,600 6,275 7,500 00 50 00 00 00 $20,600 15,000 10,000 5,000 7,500 00 00 00 00 00 4,000 5,000 1,400 5,600 00 8,500 00 2,240 00 4,000 00 5,000 00 1,400 00 $98,100 $124,051 00 $98,100 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Fitchburg R.R. 7s, . . . . Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . Old Colony R.R. 6 s,. Old Colony R.R. 7s,. Old Colony R.R. 4 s,. Vermont & Massachusetts R.R. 5s, $63,000 6,000 22,000 50,000 19,000 1,000 50,000 60,000 Estimated Amount Invested. Market Value. $67,410 6,720 23,650 50,000 21,945 1,140 53,000 66,000 00 00 00 00 00 00 00 00 $63,000 6,000 22,000 50,000 19,000 1,000 50,000 60,000 00 00 00 00 00 00 00 00 $271,000 $289,865 00 $271,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Diterest. Amount. $121,000 25.000 45.000 50.000 78,500 Kate. 00 00 00 00 00 2 per cent. 2J » 3 H “ 4 “ Amount. $50,000 214,000 857,711 26,800 84,954 00 00 59 00 81 Kate. Amount. 4| per cent. H “ $6,750 800 1,100 3,550 5 5h “ Rate. 00 00 00 00 6 Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, . . Number of loans which are of an amount not exceeding $3,000 each, 355 Aggregate amount of the s a m e , ....................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6£ per cent. 7 U 3o 7à “ “ $23,000 00 27,000 00 300 35 479,786 67 86 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan. Total number of loans upon real estate, . . . ' . . . 433 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. $142,742 78 57,491 48 Rate and amount of each semi-annual dividend during the 1 2 per cent., j year ending Oct. 31, 1 8 8 9 ,...................................................... 1 2 per cent., 1 59,178 98 Times for the dividends fixed by the by-laws : third Wednesday in Janu ary and July. Number of accounts opened during the year ending Oct. 31,1889, 1,291 Number of accounts closed during the year ending Oct. 31, 1889, . 939 Total number of open accounts Oct. 31, 1889, . . . . 9,127 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 5,759 87 taxes), ................................................................................................................... Amount of deposits, not including dividends, received during the year end 578,182 21 ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , .........................................................................................9,360 Amount of withdrawals, including dividends, during the year ending Oct. 516,095 89 31, 1889..................................................................................................................... Number of s a m e , ........................................................................................ 6,251 Date of examination by commissioner : May 23. Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and lees, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, , Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 7,195 $136,732 61 1,100 88,785 23 514 80,123 57 388 134,370 58 107 56 76,270 22 61,900 00 9,360 $578,182 21 not not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, In trust................................ Amount. 4,087 24 $252,898 57 6,023 69 107 1,347 16,420 09 66,774 73 less Commonwealth o r M assachusetts . M id d l e s e x , ss. C a m b r id g e , Nov. 19, 1889. Personally appeared Henry W . Bullard, Treasurer of the Cambridgeport Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that-the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M id d l e s e x , ss . C h a s . G. P o p e , Justice o f the Peace. Ca m b r id g e , N ov . 19, 1889. Personally appeared Jos. A. Holmes, President, and Daniel XJ. Chamberlin, Asa P. Morse, Dana W . Hyde, W . A. Bullard and Edward Kendall, trustees of said corpo ration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. C h a s . G. P o p e , Justice o f the Peace. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 87 PU B L IC DO CU M EN T — No. 8. CAN TO N IN S T IT U T IO N FOR S A V IN G S — CAN TO N . Incorporated 1835. Present number of corporators, 27. C h a s . E n d ic o t t , President. N a t h ’ l W . D u n b a r , Treasurer. N a t h ’ l W . D u n b a r , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Ja m e s S . S h e p a r d , ¥ m . O. C h a p m a n , N a t h ’l W . D u n b a r , F r a n c is D . D u n b a r . Open for business every business day, 8 a .m . to 12 m . ; 1.30 to 4 p . m . B alance Sheet , O ctober 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposit in bank, on interest, L ia b il it ie s . $122,100 53,100 42,500 7,520 246,705 70,250 00 00 00 00 00 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $577,153 85 19,960 00 857 75 5,205 30 41,360 00 19,641 90 $603,176 90 $603,176 90 Cash on Deposit in Bank : — Neponset National Bank, Canton,....................................................................... $ 19,641 90 Detailed Statement o f Public Funds. Par Value. County of Hampden, Mass., 3s, City of Providence, R. I., 5s, . of Taunton, Mass., 4s, of Lawrence, Mass., 4s, . of Waltham, Mass., 4s, . of Lynn, Mass., 34s,. of New Bedford, Mass., 3|s, . Town of Norwood, Mass., 4s, . of Canton, Mass., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 10,000 10,000 15,000 8,000 13,500 10,000 10,000 36,000 $122,500 Estimated Market Value. $9,600 11,300 10,000 15,000 8,000 13,500 10,000 10,000 36,000 00 00 00 00 00 00 00 00 00 Amount Invested. $9,600 10,000 10,000 15,000 8,000 13,500 10,000 10,000 36,000 00 00 00 00 00 00 00 00 00 $123,400 00 $122,100 00 88 BANK CO M M ISSIO N ERS’ R E PO R T. [Jan. No. of Shares. Detailed Statement of Bank Stocks. 25 25 25 40 33 50 50 25 25 17 25 113 50 Par Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Central Nat’l Bank, Boston, . Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, Market Nat’l Bank, Boston, . N ’l B’k of No. America, Boston, National Eagle Bank, Boston, Nat’l Webster Bank, Boston, North National Bank, Boston, Shoe & Leather N’l B’k, Boston, Neponset Nat’l Bank, Canton, Dedham Nat’l Bank, Dedham, Estimated Market Value. $2,500 2,500 2,500 4,000 3,300 5,000 5,000 2,500 2,500 1,700 2,500 11,300 5,000 $50,300 $3,000 2,800 3,375 4,120 3,234 5,000 6,100 2,575 2,500 2,363 2,350 14,690 6,000 Amount Invested. $2,500 2,500 2,500 4,000 3,300 5,000 5,000 2,500 2,500 1,700 2,500 13,100 6,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $53,100 00 $58,107 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Boston & Maine R.R. 7 s ,. Eastern R.R. 6s, Fitchburg R.R. 4is, . . . *A . Estimated Market Value. $12,000 5,000 5,500 20,000 $13,080 5,550 6,930 20,000 $42,500 $45,560 00 Amount Invested. 00 00 00 00 $12,000 5,000 5,500 20,000 00 00 00* 00 $42,500 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $19,641 90 41,360 00 Rate. 2 per cent. 4 “ Amount. $19,500 00 58,675 00 Rate. 4J per cent. 5 “ Amount. $8,500 00 230,280 00 Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, . . Number of loans which are of an amount not exceeding $3,000 each, . 206 Aggregate amount of the s a m e , ........................................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rate. 6 per cent. “ $7,520 00 7,650 00 468 00 185,975 00 1890.] 89 P U B L IC DO CU M EN T — No. 8. Total number of loans upon real e s t a t e , .............................................212 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the ) 2 per cent., f year ending Oct. 31, 1889..........................................................12 per cent., 1 Times for the dividends fixed by the by-laws : first Tuesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 281 Number of accounts closed during the year ending Oct. 31, 1889, . 230 Total number of open accounts Oct. 31, 1889, . . . . 2,076 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889...................................................................................................... Number of s a m e , ......................................................................................... 1,449 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,. ................................................................................................. Number of s a m e , ........................................................................................ 1,015 Date of examination by commissioner : August 13. $600 00 28,774 28 10,669 19 10,799 95 1,253 50 99,640 66 97,638 69 Glassification of Deposits received during the Tear ending Oct. 31, 1 889. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. 1,038 $24,181 00 241 20,580 00 85 14,063 66 61 20,306 00 13 11 9,510 00 11,000 00 1,449 $99,640 66 ber. T o the credit — O f women, both adult and minor, O f guardians, Of religious and charitable associations, . In trust, . . . . Amount. 674 1 $47,237 00 68 00 18 37 1,778 33 5,694 00 * C o m m o n w e a l t h oe M a s s a c h u s e t t s . N o r f o l k , s s ., N o v . 9, 1889. Personally appeared Nath’l W . Dunbar, Treasurer of the Canton Institution for Sav ings, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, T h o m a s E. G r o v e r , Justice o f the Peace. N o r f o l k , s s ., N o v . 9, 1889. Personally appeared Charles Endicott, President, and James S. Shepard, Henry F. Buswell, Francis D. Dunbar, C. H. French and Edwd. R. Eager, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, N a t h ’ l W . D u n b a r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 90 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. CAPE A N N S A V IN G S B A N K — GLOUCESTER. Incorporated 1846. Present number of corporators, 44. S a m u e l A. S t a c y , President. G e o . J. M a r s h , Treasurer. D a n i e l T. B a b s o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds: R obert R . F e a r s, Sy l v e s t e r Cu n n in g h a m , Jo h n E . S o m e s , G e o r g e J. M a r s h . Open for business every business day, 9 a . m . to 1 p . m . ; 2 to 3 p . m . August, close at 1 p . m . B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking purp o s e s ) , ................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Loans on depositors’ books, Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Miscellaneous account, Cash on hand, . . . . During 31, 1889. L ia b il it ie s . $61,000 1,000 246,000 24,000 31,875 00 00 00 00 00 1,000 2,112 1,296,587 651,600 00 02 00 00 12,300 200 6,758 544 64 42 872 00 00 67 88 83 59 55 $2,335,957 54 Deposits, . Guaranty fund, Interest account, Profit and loss account, . Surplus, . Tax account, . E. C. Brown account, $2,147,855 01 100,000 00 20,580 00 4,959 60,000 2,529 32 52 00 52 49 $2,335,957 54 Cash on Deposit in Banks, amount in each : — Gloucester National Bank, Gloucester,..............................................................$544 88 Maverick National Bank, Boston,....................................................................... 6,754 41 National Bank of Redemption, Boston,.............................................................. 4 26 Loan on Public Funds : — On $1,000 Cambridge, Mass., 6 s , ....................................................................... $1,000 00 Loans on Bank Stock, amount on each : — On 230 shares City National Bank, G lo u c e s te r ,............................................ $23,000 00 On 10 shares First National Bank, G lo u c e s t e r ,............................................. 1,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 91 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. '' ... Par Value. Town of Brookline, Mass., 7s, City of Charlestown, Mass., 6s, of Cambridge, Mass , 6s,. of Fall River, Mass., 6s, . of Lawrence, Mass., 6s, . of Lowell, Mass., 6s, of Northampton, Mass., 6s, of Salem, Mass., 6s,. $5,000 ’ 12,000 10,000 8,000 5.000 15,000 5.000 1.000 $61,000 Estimated Market Value. $5,500 12,000 10,500 8,000 5,250 15,000 5.000 1.000 00 00 00 00 00 00 00 00 $62,250 00 Amount Invested. $5,000 12,000 10,000 8,000 5.000 15,000 5.000 1.000 00 00 00 00 00 00 00 00 $61,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 100 100 112 90 50 100 100 100 30 50 100 50 50 70 200 50 100 100 25 166 150 50 100 50 50 100 100 50 100 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, Blaekstone N’l Bank, Boston, Central Nat’l Bank, Boston, . National City Bank, Boston, . N’l B’k of the Commonwealth, Boston, . . . . N’l B’k of Commerce, Boston, National Eagle Bank, Boston, Everett Nat’l Bank, Boston, . Nat’l Exchange Bank, Boston, Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . Merchants’ Nat’l Bank,Boston, New England N’l B’k, Boston, North National Bank, Boston, N’l B’k of No. America, Boston, Old Boston N’l Bank, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, Second National Bank, Boston. Shawmut Nat’l Bank, Boston, State National Bank, Boston, Tremont Nat’l Bank, Boston,. City Nat’l Bank, Gloucester, . Cape Ann N’l B’k, Gloucester, Gloucester N’l B’k, Gloucester, Rockport N’l Bank, Rockport, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. | $10,000 10,000 11,200 9,000 5,000 $14,050 11,625 12,404 11,992 4,650 00 00 00 50 00 $10,000 10,000 11,200 7,200 5,000 00 00 00 00 00 10,000 10,000 10,000 3,000 5,000 10,000 5,000 5,000 7,000 20,000 5,000 10,000 10,000 2,500 16,600 15,000 5,000 10,000 5,000 5,000 10,000 10,000 5,000 10,000 16,775 12,600 10,100 3,030 6,275 10,175 4,825 6,200 7,560 28,500 8,012 13,700 12,025 2,925 21,995 24,750 8,650 12.800 5,950 5,575 15,000 14,000 6,750 14,000 00 00 00 00 00 00 00 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 10,000 10,000 10,000 3,000 5,000 9,000 4,500 5,000 7,000 20,000 5,000 10,000 10,000 2,500 16,600 15,000 5,000 10,000 5,000 5,000 10,000 10,000 5,000 10,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $249,300 $326,894 00 $246,000 00 92 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Eastern R.R. 6s, . . . *A $42,500 Estimated Market Value. $53,550 00 Amount Invested. $31,875 00* legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $6,758 67 12,300 00 626,650 00 Rate. Amount. Rate. 2£ per cent. $77,100 00 91,300 00 1,154,887 00 5| per cent. 5è “ 6 4 5 “ Rate. Amount. $5,150 00 18,300 00 6£ per cent. 7 Amount invested in real estate for banking purposes,.................................... Estimated value o£ the s a m e , ........................................................................ Assessed value of the same, . . . . . . . . . . Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each,. 714 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................767 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889..................................................................................... Rate and amount of each semi-annual dividend during the i per cent., r year ending Oct. 31, 1889............................................................. 2^ per cent., j Times for the dividends fixed by the by-laws: April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, 1,332 Number of accounts closed during the year ending Oct. 31, 1889, . 954 Total number of open accounts Oct. 31, 1889, . . . . 7,176 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ............................................................... ............................................ Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889............................................................................................... Number of same, . .. . • ............................................. 6,187 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... N umber of s a m e , ....................................................................... . 5,426 Date of examination by commissioner: July 25. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 1,000 00 7,000 00 8,200 00 62 92 2,112 02 3,600 00 543,277 00 121,099 69 46,019 62 48,673 04 5,276 88 493,636 48 383,905 94 1890.] 93 P U B L IC D O C U M E N T — No. 8. Classification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Num Amount. 4,442 $87,957 92 886 74,443 29 406 62,870 06 286 99,997 37 84 83 59,167 84 109,200 00 6,187 $493,636 48 ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . Amount. 2,551 23 $170,692 43 7,493 00 85 149 43,966 75 41,700 86 - —, C o m m o n w e a l t h of M a s s a c h u s e t t s . E s s e x , s s ., N o v . 19, 1889. Personally appeared George J. Marsh, Treasurer of the Cape Ann Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, D a n i e l T. B a b s o n , Justice o f the Peace. E s s e x , s s ., N ov. 19, 1889. Personally appeared Samuel A. Stacy, President, and Robert R. Fears, John Corliss, John E. Somes, Henry Center and John J. Pew, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, D a n i e l T. B a b s o n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 94 B A N K CO M M ISSIO N ERS’ REPORT, [Jan. CAPE COD F IV E CENTS S A V IN G S B A N K — H A R W IC H . Incorporated 1855. Present number of corporators, 75. L e v i E l d r i d g e , President. A u g u s t u s C . S n o w , 2d, Treasurer. A u g u s t u s C . S n o w , 2d , Clerk o f the Corporation. Names of committee charged with the investment of its funds : L e v i E l d r id g e , L u t h e r F is k , G o d f r e t H o p k in s , E l e a z e r K. C r o w e l l , A l e x a n d e r T. N e w c o m b . Open for business every business day, 9 B a l a n c e Sh e e t , O cto b er A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking pur poses).......................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,................................... Deposit in bank, on interest, Real estate to secure indebted ness, ................................... Cash on hand, . . . . a .m . to 1 p . m . 31,1889. L ia b il it ie s . $59,454 75 3,710 00 88,521 00 1,450 5,521 139,307 152,801 Deposits, . Guaranty fund, Profit and loss ac count, $460,511 53 11,830 00 4,056 41 00 99 91 57 14,991 55 7,000 00 3,022 52 616 65 $476,397 94 $476,397 94 Cash on Deposit in Bank : — Cape Cod National Bank, H a r w i c h , ............................................................... $7,000 00 Loans on Bank Stock, amount on each: — On 25 shares Cape Cod National Bank, H a r w i c h , ............................................ $2,500 On 11 shares Cape Cod National Bank, H a r w i c h , .................................... 200 On 11 shares Cape Cod National Bank, H a r w i c h , .................................... 800 On 4 shares Cape Cod National Bank, Harwich................................................ 30 On 3 shares Cape Cod National Bank, H arw ich,............................................. 180 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 00 9 0 .] 95 P U B L IC D O CU M EN T — No. No. of Shares. Detailed Statement o f Bank Stocks. 57 42 48 43 40 31 30 30 27 26 25 24 20 16 15 13 10 7 Par Value. Cape Cod N’l Bank, Harwich, First Nat’l Bank, Yarmouth, . State National Bank, Boston, Shawmut Nat’l Bank, Boston, Everett Nat’l Bank, Boston, . N’l B’k of Commerce, Boston, National Revere Bank, Boston, N’l Plide & Leather B’k, Boston, Blackstone Nat’l Bank,Boston, Nat’l Exchange Bank, Boston, Fourth National Bank, Boston, Suffolk National Bank, Boston, Tremont Nat’l Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of the Republic, Boston, N’l B’k of the Commonwealth, Boston, . . . . Nat’l Webster Bank, Boston, Faneuil Hall N’l Bank, Boston, $5,700 4,200 4,800 4,300 4,000 3,100 3,000 3,000 2,700 2,600 2,500 2,400 2,000 1,600 1,500 Estimated Market Value. $7,296 5,796 5,808 5,590 4,120 3,968 3,720 3,600 3,044 3,315 2,943 2,766 2,270 1,956 2,505 00 00 00 00 00 00 00 00 25 00 75 00 00 00 00 Amoun t Invested $7,866 5,523 5,676 5,031 3,800 3,674 3,630 3,450 2,916 3,029 2,756 2,730 2,275 1,616 1,980 00 00 00 00 00 50 00 00 00 00 25 00 00 00 00 1,300 1,000 700 2,206 75 1,000 00 1,008 00 1,521 00 1,050 00 931 00 $50,400 $62,912 75 $59,454 75 Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 7s, Old Colony R.R. 6s, . . . Fitchburg R.R. 5s, . Boston & Maine R.R. 7 s,. Vermont & Massachusetts R.R. 5s,. Boston & Lowell R.R. 5s, Boston & Lowell R.R. 6s, Boston & Lowell R.R. 4s, Portland & Ogdensburg R.R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $16,000 5,000 20,000 10,000 10,000 5,000 1,000 10,000 5,000 $18,120 5,550 21,450 11,110 11,100 5,500 1,135 10,400 5,900 00 00 00 00 00 00 00 00 00 $82,000 $90,265 00 Amount Invested. $17,842 5,543 20,707 11,287 10,869 5,342 1,106 10,000 5,825 00 00 00 00 00 00 00 00 00 $88,521 00 B A N K CO M M ISSIO N ERS’ R E P O R T . 96 [Jan Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $7,000 5,000 27,000 14,500 00 00 00 00 Amount. Kate. Amount. $10,000 5,000 69,500 24,600 2 per cent. 4 4* “ H “ 00 00 00 00 Kate. Amount. Rate. 4f per cent. 4| 5 “ 5h “ $76,559 52 8,642 57 70,008 94 6 per cent. 6£ “ 7 $1,450 00 Amount invested in real estate for banking purposes, . . . . 1,450 00 Estimated value of the s a m e , ........................................................................ 1,200 00 Assessed value of the s a m e ,................................................................................. 8.544 51 Value, by books, of other real estate, held by foreclosure or otherwise, 1 1 ,1 0 0 00 Assessed value of the same..................................................................................... Number of loans which are of an amount not exceeding $3,000 each, 352 155,961 03 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 298 8.544 51 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 23,119 76 year ending Oct. 31, 1889..................................................................................... 8,115 32 Rate and amount of each semi-annual dividend during the I 2 per cent., f 8,608 96 year ending Oct. 31, 1 8 8 9 ,......................................................•) 2 per cent., 1 Times for the dividends fixed by the by-laws: second Wednesday in April and October. Number of accounts opened during theyear ending Oct. 31, 1889, . 323 Number of accounts closed during the year ending Oct. 31, 1889, . 271 Total number of open accounts Oct. 31, 1889, . . . . 2,339 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 2,434 54 of taxes), ............................................................................................................ Amount of deposits, not including dividends, received during the year 101,027 79 ending Oct. 31, 1 8 8 9 ,......................................................................................... Number of s a m e ,......................................................................................... 1,245 Amount of withdrawals, including dividends, during the year ending 75,719 15 Oct. 31, 1 8 8 9 , ................................................................................................... Number of s a m e , .....................................................................................866 Date of examination by commissioner: August 24. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num ber. Amount. 777 $15,417 29 256 18,450 81 102 18,073 68 84 28,612 61 18 8 12,473 40 8,000 00 1,245 $101,027 79 not not not less To the credit — O f women, both adult and minor, O f guardians, Of religious and charitable associations, . In trust................................ Amount. 574 8 $45,605 54 253 02 21 9 1,302 33 415 11 1890.] P U B L IC D O C U M E N T — No. 8. 97 Co m m o n w e a l t h o f M a s s a c h u s e t t s . H a r w ic h , N ov. 11, 1889. B a r n st a b l e , ss. Personally appeared Augustus C. Snow, 2d, Treasurer of the Cape Cod Five Cents Savings Bank, and made oath that the foregoing statement, hy him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in ref erence to the matters to which they relate, according to his best knowledge and belief. Before me, B a r n s t a b l e , ss. A l p h o n s o L. W e e k e s , Justice o f the Peace. H a r w i c h , N o v . 11, 1889. Personally appeared Levi Eldridge, President, and Luther Fisk, Godfrey Hopkins, Eleazer K. Crowell, Alexander T. Newcomb and Edwd. E. Crowell, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, A l p h o n s o L. W e e k e s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. 98 C E N T R A L SA V IN G S B A N K — L O W E L L . Incorporated 1871. Present number of corporators, 67. O l i v e r H. M o u l t o n , President. S a m ’ l A. C h a s e , Treasurer. S a m ’ l A. C h a s e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : D a n ie l Sw a n , A r t h u r G. P o l l a r d , J o h n S. J a q u e s , A m asa P ratt, H e n r y C. Ch u r c h , S a m ’ l A. C h a s e . Open for business every business day, 9 a .m . to 1 p . m . ; and Saturday, 7 to 9 p . m . B a l a n c e Sh e e t , O c t o b e r 31, 1889. L ia b il it ie s . A ssets. $12,000 1,200 231,800 4,600 9,000 36,000 1,272,361 386,813 99,658 2,422 Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Cash on hand, . . . . 00 00 00 00 00 00 00 00 13 84 $1,915,172 37 55,000 DO Deposits,. Guaranty fund, Profit and loss ac count, . 85,682 60 $2,055,854 97 $2,055,854 97 Cash on Deposit in Banks, amount in each: — Merchants’ National Bank, Lowell, Prescott National Bank, Lowell, . . . . . . . . $74,658 13 25,000 00 Loan on Public Funds: — On $1,400 United States 4s, . . . $ 1,200 00 . Loans on Bank Stock, amount on each: — On On On On 19 shares Prescott National Bank, Lowell, 8 shares Appleton National Bank, Lowell, 13 shares Merchants’ National Bank, Lowell, . 10 shares Wamesit National Bank, Lowell, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ‘J $2,600 00 ’J 2,000 00 1890.] 99 P U B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of of of • of Haverhill, Mass., Gs, . Lowell, Mass., 4s, Malden, Mass., 4s, Pawtucket, R. I., 4s, . $1,000 1,000 5,000 5,000 $12,000 Estimated Market Value. $1,020 1,082 5,425 5,550 00 50 00 00 $13,077 50 Amount Invested. $1,000 1,000 5,000 5,000 00 00 00 00 $12,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 100 100 50 200 100 13 50 10 50 50 100 100 50 60 27 30 70 63 50 50 100 30 150 52 10 12 50 50 Par Value. Atlantic Nat’l Bank, Boston, . Blackstone N’l Bank, Boston,. Boston National Bank, Boston, Central Natl Bank, Boston, . Eliot National Bank, Boston, . Hamilton Natl Bank, Boston, Market Natl Bank, Boston, . Maverick Natl Bank, Boston, Merchants’ Natl Bank, Boston, Metropolitan N ! Bank, Boston, National City Bank, Boston, . N’l B’k of Commerce, Boston, N’l Hide & Leather B’k, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, Nat’l Webster Bank, Boston, . Second Nat’l Bank, Boston, Shawmut Natl Bank, Boston,. Shoe & Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, Appleton Nat’l Bank, Lowell, First National Bank, Lowell, . Merchants’ N’l Bank, L ow ell,. Old Lowell N’l Bank, Lowell, Prescott Nat’l Bank, Lowell, . Railroad Nat’l Bank, Lowell, . Wamesit Nat’l Bank, L ow ell,. Georgetown National Bank, Georgetown, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 10,000 5,000 20,000 10,000 1,300 5,000 1,000 5,000 5,000 10,000 10,000 5,000 6,000 2,700 3,000 7,000 6,300 5,000 5,000 10,000 . 3,000 15,000 5,200 1,000 1,200 5,000 5,000 $177,700 Estimated Market Value. $14,300 11,200 6,000 27,000 13,100 1,625 5,000 2,300 7,100 5,250 9,400 12,500 6,100 7,980 4,550 3,300 12,340 8,190 4,750 5,850 20,000 5,250 22,500 6,500 1,550 1,560 7,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 6,000 00 Amount Invested $14,000 12,500 6,000 35,000 11,500 1,400 5,500 1,200 6,700 5,100 12,000 10,000 5,400 8,000 3,400 3,000 10,000 8,000 5,800 6,100 16,900 4,200 18,300 6,700 1,000 1,200 6,900 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 6,000 00 $238,195 00 $231,800 00 100 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. Detailed, Statement of Railroad Bonds. Par Value. Boston & Lowell R.R. 4s, Fitchburg R.R. 5s, . Portland & Ogdensburg R.R. 6s, . Estimated Market Value. Amount Invested. $3,000 5.000 1.000 $3,165 00 5,362 50 1,200 00 $3,000 00 5.000 00 1.000 00 $9,000 $9,727 50 $9,000 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. Rate. Amount. Rate. Amount. $74,658 13 117,000 00 60,000 00 2J per cent. 4“ “ 4.1 “ $132,500 00 1,150,964 00 97,975 00 4J per cent. 5 54 « $131,035 00 500 00 Rate. 6 per cent. 7 » Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, . . Number of loans which are of an amount not exceeding $3,000 each, . 330 ........................................................................ Aggregate amount of the same, Total number of loans upon real e s t a t e , ............................................. 424 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889..................................................................................... Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1889, . . . . . • 0 2 per cent., 1 Times for the dividends fixed by the by-laws : first Saturday in May and November. Number of accounts opened during the year ending Oct. 31, 1889, 1,190 Number of accounts closed during the year ending Oct. 31, 1889, . 946 Total number of open accoimts Oct. 31, 1889..................................... 5,058 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ..........................................................................................6,276 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... Number of s a m e , ........................................................................................ 4,246 Date of examination by commissioner : June 20. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $36,000 00 44,150 00 1,238 13 461,462 00 8,000 00 96,569 43 33,641 05 34,551 78 6,183 74 488,982 48 427,773 65 1890.] P U B L IC 101 D O CU M EN T — No. 8. Classification o f Deposits received daring the Year eliding Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 4,589 $90,390 66 809 67,141 99 not not 388 63,254 64 299 106,079 43 104 87 74,417 24 87,698 52 6,276 $488,982 48 not Num ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . Amount. 2,476 27 $194,856 44 11,910 67 76 799 10,588 77 70,317 28 less C o m m o n w e a l t h of M a s s a c h u s e t t s . M i d d l e s e x , s s ., N ov . 14, 1889. Personally appeared Samuel A . Chase, Treasurer of the Central Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W . W . J o h n s o n , Justice o f the Peace. M i d d l e s e x , s s ., N ov. 14, 1889. Personally appeared Oliver H. Moulton, President, and Ephraim Brown, E.Boyden, Daniel Swan, H. C. Church and Willard A . Brown, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, W . W . J o h n s o n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis \ 102 [Jan B A N K CO M M ISSIO N ERS’ R E PO R T. C H A R L E S T O W N F IV E CENTS S A V IN G S B A N K — BOSTON. Incorporated 1854. Present number of corporators, 46. P. J. S t o n e , President. A mos S t o n e , Treasurer. B e n j . F. S t a c e y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : P. J. S t o n e , E mri B. S t e t so n , G e o . S. P e n d e r g a s t , P e t e r S. R o b e r t s , S a m ’ l D. S a w i n . Open for business every business day, 9 a .m . to 2 p . m . ; also Wednesday and Saturday, 3 to 5 p .m . B a l a n c e Sh e e t , O ctober A ssets. Bank stock as per schedule, Railroad bonds as per schedule, Real estate (for banking pur poses).......................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans on depositors’ books, Deposits in banks, on interest, . Cash on hand, . . . . 31, 1889. L ia b il it ie s . $756,100 00 352,000 00 70,000 1,750 1,700,599 1,461,263 1,800 74,251 5,805 Deposits, . Guaranty fund, Profit and loss ac count, . 00 00 50 77 00 33 01 $4,423,569 61 $4,185,503 48 170,000 00 68,066 13 $4,423,569 61 Cash on Deposit in Banks, amount in each : — Monument National Bank, B o s t o n , .............................................................. $49,874 00 Maverick National Bank, B o ston ,....................................................................... 24,377 33 No. of Shares. Detailed Statement o f Bank Stocks. 24 200 159 25 145 250 • Andover N’l Bank, Andover, . Atlas National Bank, Boston, Blackstone N ’l Bank, Boston, Boston Nat’l Bank. Boston, . Boylston Nat’l Bank, Boston, Bnnker Hill N’l Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Par Value. $2,400 20,000 15,900 2,500 14,500 25,000 Estimated Market Value. $3,120 23,600 17,808 3,050 20,010 47,500 00 00 00 00 00 00 Amount Invested. $2,400 20,000 15,900 2,500 14,500 25,000 00 00 00 00 00 00 1890.] 103 P U B L IC D O CU M EN T — No. 8 No. of Shares. Detailed Statement o f Bank Stocks— Concluded. 227 50 263 500 300 20 150 105 242 370 304 250 86 27 273 224 70 140 99 200 342 267 69 500 185 447 335 150 40 75 75 217 67 127 Par Value. National City Bank, Boston, . Columbian N’l Bank, Boston, N’l B’k of Commerce, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston,. First National Bank, Boston,. First Ward N’l Bank, Boston, Freeman’s N’l Bank, Boston, . Globe National Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Manufacturers’ N’l B’k, Boston, Market Nat’l Bank, Boston, . Nat’l Market Bank, Brighton, Merchandise N’l B’k, Boston, Metropolitan N’l B’k, Boston, Monument N’l Bank, Boston, North National Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N ’l B’k of the Republic, Boston, National Revere Bank, Boston, Shawmut Nat’l Bank, Boston, Shoe & Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston,. Nat’l Webster Bank, Boston,. Home Nat’l Bank, Brockton, . Conway Nat’l Bank, Conway, Wachusett N’l B’k, Fitchburg, Railroad Nat’l Bank, Lowell, First National Bank, Lynn, . Blue Hill Nat’l Bank, Milton, Newton Nat’l Bank, Newton,. $22,700 5,000 26,300 50,000 30,000 2,000 15,000 10,500 24,200 37,000 30,400 25,000 8,600 2,700 27,300 22,400 7,000 14,000 9,900 20,000 34,200 26,700 6,900 50,000 18,500 44,700 33,500 15,000 4,000 7,500 7,500 21,700 6,700 12,700 $759,900 Estimated Market Value. $21,565 6,050 33,664 61,000 39,300 4,840 19,800 10,815 23,716 44,400 33,440 26,250 8,600 2,700 18,837 23,296 15,400 19,460 12,078 26,800 57,114 33,108 8,970 47,000 21,275 50,511 33,500 17,250 4,400 15,000 9,750 28,210 6,901 12,700 Amount Invested. 00 $22,600 00 5,000 00 26,300 00 50,000 00 30,000 00 2,000 00 14,800 10,500 00 00 23,300 00 37,000 00 30,400 00 24,200 00 8,600 00 2,700 00 ' 26,500 00 22,400 00 7,000 00 14,000 9,900 00 00 20,000 00 34,200 00 . 26,700 6,900 00 00 49,500 00 18,500 00 44,700 33,500 00 00 15,000 00 4,000 00 7,500 00 7,500 00 21,700 00 6,700 00 12,200 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $912,788 00 $756,100 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R.R. 5s, Boston & Lowell R.R. 4s, Fitchburg R.R 5s, . Fitchburg R R. 4s, . Fitchburg R R. 4is, . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . $25,000 29,000 200,000 40,000 60,000 $354,000 Estimated Market Value. $27,500 30,450 214,500 39,050 60,000 00 00 00 00 00 Amount Invested. $25,000 29,000 200,000 38,000 60,000 00 00 00 00 00 $371,500 00 $352,000 00 104 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $74,251 40.000 80.000 748,800 ' 80,000 33 00 00 00 00 Rate. Amount. 2£ per cent. 4 “ 4| “ H “ $168,000 1,068,650 50.000 40.000 Rate. 00 00 00 00 4f per cent. 5 “ 5| “ 5§ “ Amount. $552,762 281,150 32,200 22,100 Rate. 50 77 00 00 5)j per cent. 6 6è “ 7 Amount invested in real estate for banking purposes,.................................... Estimated value of the sa m e,................................................................................ Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e , ................................................................................ Number of loans which are of an amount not exceeding S3,000 each,. 457 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,..................................................... 586 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 3 1 , 1 8 8 9 , .............................................................. Rate and amount of each semi-annual dividend during the 12J per cent., 5 year ending Oct. 31, 1 8 8 9 , ..................................................... >2 per cent., I Time for the dividends fixed by the by-laws: third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 3,676 Number of accounts closed during the year ending Oct. 31, 1889,. 1,250 Total number of open accounts Oct. 31, 1889, . . . . 12,108 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ............................................ ............................................................. Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s a m e , ................................................................................12,806 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,................................................................................................................... Number of s a m e , ............................................................................... 7,190 Date of examination by commissioner: September 16. $70,000 80,700 80,700 5,757 1,750 2,100 00 00 00 39 00 00 713,451 27 8,250 00 215,611 88 90,149 75 79,960 00 7,691 49 932,639 48 618,006 53 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 9,803 $139,162 06 1,307 108,196 84 669 104,391 76 625 227,002 60 196 206 137,858 90 216,027 32 12,806 $932,639 48 ber. To the credit — O f women, both adult and minor, . • . O f guardians, O f religious and chari table associations, . In trust, . . . . Amount. 6,354 22 $439,285 62 11,062 71 119 516 13,467 55 87,681 82 P U B L IC D O CU M EN T — No. 8. 1890.] Co m m o n w ea lth Su ffo lk , of 105 M assach u setts. B oston , N o v . 20, 1889. ss. Personally appeared Amos Stone, Treasurer of the Charlestown Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, Suffolk, G e o . H. P e n d e r g a s t , Justice o f the Peace. B oston , N ov. 20, 1889. ss . Personally appeared P. J. Stone, President, and Warren Sanger, B. F. Stacey, E. B. Stetson, Geo. S. Pendergast, A. W . Storer, Sam’l D. Sawin and George M. Starbird, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, G eo . H. P e n d e k g a s t , Justice o f the Peace. 106 B A N K CO M M ISSIO N E R S’ REPORT, [Jan C H E L SE A S A V IN G S B A N K — CH ELSE A. Incorporated 1854. Present number of corporators, 135. A l b e r t A. F i c k e t t , Treasurer. O t is H i n m a n , President. E l i z a b e t h A. F e l l o w s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: O t is H i n m a n , Jo h n T . H a d a w a y , H o r a t io B . H e r s e y , E b e n H u t c h in s o n , A l o n z o C. T e n n e y . Open for business every business day, 8 a . m . to 1 p . m . ; also Saturday, 4 to 8 p .m . Balance Sh e e t , O c to b er A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposits in banks, on interest, . Expense account, Premium account, Cash on hand, . . . . 31, 1889. L ia b il it ie s . $366,200 00 103,750 00 4,000 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . 100,000 00 2,635 31 1,227,251 50 400,066 22 37,000 47,438 2,733 18,528 3,059 $2,200,771 30 73,621 67 8,874 19 29,395 21 00 10 32 51 41 $2,312,662 37 $2,312,662 37 Cash on Deposit in Banks, amount in each : — First National Bank, Chelsea, . Commercial National Bank, Boston, . . . $18,632 34 28,805 76 Loans on Bank Stock, amount on each : — On 35 shares First National Bank, Chelsea, . On 12 shares Commercial National Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3,000 00 1,000 00 1890.] 107 PU B LIC DO CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Boston, Mass., 6s, of Charlestown, Mass., 6s, of Chelsea, Mass., 6s, of Cambridge, Mass., 6s, . Town of Brookline, Mass., 5s, . of Danvers, Mass , 5s, . of Everett, Mass , 6s, . City of East Saginaw, Mich., 5s, of Fitchburg, Mass , 6s, . of Fall River, Mass., 6s, . of Grand Rapids, Mich., 4s, of Gardiner, Me., 5s, of Hartford, Conn , 6s, . of Keene, N. IF, 4s, . of Lowell. Mass , 4s, of Lawrence, Mass., 6s, . of Lynn, Mass., 6s, . of Lewiston, Me., 5s, of Lewiston, Me , 4s, State of New Hampshire 6s, . Town of Norwalk, Conn., 4s, . City of Providence, R. I., 4is, . of Peoria, 111., 4£s, . of Taunton, Mass., 6s, of Worcester, Mass., 6s, . of Worcester, Mass., 4is, Town of Woburn,- Mass , 6s, . of Wallingford, Conn., 4s, of Westminster, Vt., 4s, of Winthrop, Mass., 5 s ,. . $44,000 8,000 12,000 15,000 5,000 2,000 1,000 18,500 2,000 5,000 5,000 6,000 1,000 20,000 24,000 86,000 6,000 16,000 10,000 9,200 31,000 15,000 15,000 2,000 1,000 20,000 5,000 17,000 3,500 11,000 $366,200 Estimated Market Value. $53,445 8,280 13,350 16,650 5,650 2,360 1,055 20,350 2,160 6,495 5,115 7,050 1,080 21,225 24,128 45,500 6,870 18,880 10,250 11,608 31,155 16,350 15,750 2,300 1,055 22,600 5,375 17,510 3,535 12,760 00 00 00 00 00 00 00 00 00 00 00 00 00 00 75 00 00 00 00 50 00 00 00 00 00 00 00 00 00 00 Amount Invested. $44,000 8,000 12,000 15,000 5,000 2,000 1,000 18,500 2,000 5,000 5,000 6,000 1,000 20,000 24,000 36,000 6,000 16,000 10,000 9,200 31,000 15,000 15,000 2,000 1,000 20,000 5,000 17,000 3,500 11,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $409,892 25 $366,200 00 No. of Shares. Detailed Statement o f Bank Stocks. 15 36 27 40 52 43 20 14 15 63 Par Value. North Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . Massachusetts N’l B’k, Boston, Continental N’l B’k, Boston, . N'l B’k of Commerce, Boston, Shawmut Nat’l Bank, Boston, Boston Nat’l Bank, Boston, . N’l Exchange Bank, Boston, . N’l B’k of No. America, Boston, Nat’l Webster Bank, Boston,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,500 3,600 6,750 4,000 5,200 4,300 2,000 1,400 1,500 6,300 Estimated Market Value. $2,085 3,960 7,382 4,900 6,656 5,461 2,440 1,785 1,830 6,300 00 00 78 00 00 00 00 00 00 00 Amount Invested. $1,500 3,600 6,750 4,000 5,200 4,300 2,000 1,400 1,500 6,300 00 00 00 00 00 00 00 00 00 00 B A N K COM M ISSIO N ERS’ R E PO R T. 108 [Jan. m No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 25 86 28 7 43 20 100 6 40 38 50 63 30 50 16 45 5 20 Par Value. Boylston Nat’l Bank, Boston, Atlas National Bank, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . National City Bank, Boston, . National Eagle Bank, Boston, N’l B’k of the Republic, Boston, Market Natl Bank, Boston, . Atlantic Natl Bank, Boston, . Everett Natl Bank, Boston, . Third N atl Bank, Boston, N’l B’k of Redemption, Boston, Tremont N atl Bank, Boston, Commercial N’l B’k, Boston,. Merchants’ N’l Bank, Boston, Railroad Natl Bank, Lowell, Nat’l Exchange Bank, Salem, First N’l B’k^So. Weymouth, $2,500 8,600 2,800 700 4,300 2,000 10,000 600 4,000 3,800 5,000 6,300 3,000 5,000 1,600 4,500 500 2,000 Estimated Market Value. $3,450 10,169 3,388 805 4,085 2,060 16,500 588 5,700 3,876 5,225 8,473 3,405 5,000 2,328 5,895 585 2,520 00 50 00 00 00 00 00 00 00 00 00 50 00 00 00 00 00 00 Amount Invested. $2,500 8,600 2,800 700 4,300 2,000 10,000 600 4,000 3,800 5,000 6,300 3,000 5,000 1,600 4,500 500 2,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $103,750 $126,852 78 $103,750 00 Detailed Statement o f Railroad Bonds. — Par Value. Salem & Lowell R.R. 6s, . Fitchburg R.R. 4^s, . . . . Fitchburg R.R. 5s, . Old Colony R.R. 4 s ,. Boston & Providence R.R. 4s, . $10,000 20,000 10,000 15.000 45.000 Estimated Market Value. $11,600 20,000 10,800 16,350 48,600 00 00 00 00 00 $100,000 $107,350 00 Amount Invested. $10,000 20,000 10,000 15.000 45.000 00 00 00 00 00 $100,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. ltate. Amount. Kate. 0 per cent. 2è “ 4 “ $15,000 00 221,000 00 130,000 00 4| per cent. 4è “ 4| “ Amount. $866 22 47,438 10 37,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $556,100 00 246,606 50 461,745 00 Kate. 5 per cent. 5è “ 6 “ 109 P U B L IC D O CU M EN T — No. 8. 1890.] Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of thè same, . ............................................................... Number of loans which are of an amount not exceeding $3,000 each, . 465 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,.....................................................541 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 , .....................................................) 2 per cent., 1 Times for the dividends fixed by the by-laws : second Wednesday in April $2,635 31 5,100 00 653,722 00 866 22 112,072 02 38,731 35 39,897 66 and October. Number of accounts opened during the year ending Oct. 31, 1889, 1,703 Number of accounts closed during the year ending Oct. 31, 1889, 1,021 Total number of open accounts Oct. 31, 1889, . . . . 10,529 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,.................................................................................................................. Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ............................................................................... 16,489 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... Number of s a m e , ............................................................................... 9,438 Date of examination by commissioner: February 14. 6,494 00 659,520 38 606,311 52 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num Amount. ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 14,024 $193,829 04 1,303 106,484 61 575 86,753 70 428 146,876 34 106 53 72,576 69 53,000 00 16,489 $659,520 38 not not not Num ber. Amount. 7,266 21 $293,650 65 3,575 65 283 597 23,333 23 65,507 05 To the credit — Of women, both adult and minor, Of guardians, Of religious and chari table associations, . In trust................................ less Co m m o n w e a l t h o r M a s s a c h u s e t t s . Suffolk ss. Ch elsea , N^o v . 13, 1889. Personally appeared Albert A. Fickett, Treasurer of the Chelsea Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C. W il l is G ould , Justice o f the Peace. S u ff o lk , ss ., N ov . 13, 1889. Personally appeared Otis Hinman, President, and H. B. Hersey, Eben Hutchinson, A. C. Tenney, J. T. Hadaway and Samuel Orcutt, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C. W i l l i s G o u l d , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 110 [Jan. B A N K CO M M ISSIO N E R S’ R E PO R T. CH ICOPEE S A V IN G S B A N K - CH ICOPEE. Incorporated 1845. J o h n B. W o od , Present number of corporators, 48. President. L uther W h it e , H. H. H a r r i s , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds : J o h n B. W o od , L. M. F e r r y , J. A . C a r t e r , G e o . W . G ib s o n . Open for business every business day, 9 a . m . to 3 B a l a n c e Sh e e t , O cto b er 31, 1889. L ia b il it ie s . A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad stocks, . Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in banks, on interest, . Deposits in banks, not on interest, Cash on hand................................ p m. $26,420 2,400 82,000 5,000 487,888 72,438 00 00 00 00 36 00 13,800 38,000 2,774 6,809 00 00 02 64 $704,224 05 26,800 00 Deposits, . Guaranty fund, Profit and loss ac count, . 6,505 97 $737,530 02 $737,530 02 Cash on Deposit in Banks, amount in each : — City National Bank, Springfield,...................................................... First National Bank, Springfield,...................................................... Home National Bank, H o ly o k e ,...................................................... Hampshire County National Bank, Northampton, First National Bank, C h ic o p e e ,...................................................... . $10,000 15,000 5,000 8,000 2,774 00 00 00 00 02 Loans on Bank Stock, amount on each : — On 5 shares City National Bank, Springfield, . . . . On 2 shares First National Bank, Chicopee....................................... On 20 shares Third National Bank, Springfield, . . . . $500 00 100 00 1,800 00 Loan on Railroad Stock : — On 51 shares Boston & Albany R a i l r o a d , .................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 00 1890.] PU B L IC D O CU M EN T — No. 8. I ll No. of Shares. Detailed Statement o f Bank Stocks. 10 12 100 66 65 Par Value. N’l B’k of Redemption, Boston, Maverick Nat’l Bank, Boston, First N atl Bank, Chicopee, . Chapin N’l Bank, Springfield, City N atl Bank, Springfield, $1,000 1,200 10,000 6,600 6,500 $25,300 Estimated Market Value. $1,200 2,400 13,000 8,250 7,800 Amount Invested. $1,000 1,200 10,000 6,600 7,620 00 00 00 00 00 00 00 00 00 00 $26,420 00 $32,650 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 6s, Boston & Albany R.R. 7s, Boston & Providence R.R. 4 s,. Boston & Lowell R.R. 4s, Boston & Lowell R.R. 4^s, Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Boston, Revere Beach & Lynn R.R. 6s, Boston, Winthrop & Shore R.R. 5s, Fitchburg R.R. 4|s, . . . . Old Colony R.R. 6s,. i Estimated Market Value. Amount Invested. $10,000 2,000 10,000 6,000 4.000 $10,600 2.120 10,000 6,000 4,000 00 00 00 00 00 $10,000 2,000 10,000 6,000 4.000 00 00 00 00 00 10,000 10,000 15.000 10.000 5.000 10,400 10,600 15,750 10,000 5,500 00 00 00 00 00 10,000 10,000 15.000 10.000 5.000 00 00 00 00 00 $82,000 $84,970 00 $82,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $38,000 00 128,550 00 Kate. 4 per cent. 4* “ Amount. $18,000 00 431,826 36 Rate. 4| per cent. 5 Amount. $3,150 00 Kate. 6 per cent. Number of loans which are of an amount not exceeding $3,000 each, 189 Aggregate amount of the s a m e , ........................................................................$198,178 36 Total number of loans upon real e s t a t e , ............................................. 223 Gross amount of interest or profits received or earned, as per books, dur 35,260 80 ing year ending Oct. 31, 1889, ........................................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 112 B A N K CO M M ISSIO N ERS’ REPORT, [Jan. Rate and amount of each semi-annual dividend during the ] 2 per cent., f $12,693 96 year ending Oct. 31, 1889.......................................................... J 2 per cent., 1 13,177 81 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 329 Number of accounts closed during the year ending Oct. 31, 1889, . 249 Total number of open accounts Oct. 31, 1889, . . . . 1,851 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ),................................................................................................................... 3,539 72 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 88 9 ,.................................................................................................. 138,401 27 Number of s a m e , ................................................................................ 2,096 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... 120,896 26 Number of s a m e , ................................................................................1,373 Date of examination by commissioner: November 18. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . Of $1,000 or more, . Num Amount. 1,548 $32,527 93 298 25,156 13 130 21,200 80 85 28,755 14 19 16 13,843 00 16,918 27 2,096 $138,401 27 ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and charitable associations, . In trust, . . . . not not not less Com m onw ealth Amount. 772 9 $54,501 30 363 25 17 20 66 00 2,720 94 • op M assach u setts. H am pden, ss ., N ov. 2, 1889. Personally appeared H. II. Harris, Treasurer of the Chicopee Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W . W . M c C l e n c h , Justice o f the Peace. H am pden, ss ., Nov. 2, 1889. Personally appeared John B. Wood, President, and Geo. W . Gibson, L. M. Ferry, F. B. Doten, E. Gaylord and Luther White, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W . W . M c C l e n c h , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 113 P U B L IC D O CU M EN T — No. 8. 1890.] CH ICOPEE F A L L S SA V IN G S B A N K — CH ICOPEE F A L L S . Incorporated 1871. Present number of corporators, 41. G e o r g e S. T a y l o r , President. H e n r y J. B o y d , Treasurer. H e n r y J. B o y d , Clerk o f the Corporation. Names of committee charged with the investment of its funds : N o r r is R . W o od , ASios W . P a g e , H . S. N e w e l l , G e o . M. M o r t o n . Open for business every business day, 7 to I I ’ a . m ., 1 to 4 e . m , 6 to 7 e . m . B a l a n c e Sh e e t , O c to b er A ssets. Bank stock as per schedule, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, Deposits in banks, not on interest, Expense account, Cash on hand................................ 31, 1889. L ia b il it ie s . $26,525 150,920 37,880 5,000 2,400 18 246 00 33 00 00 90 37 09 Deposits, . Guaranty fund, Interest account,' Profit and loss ac count, . $222,990 69 $215,335 15 3,639 46 147 51 3,868 57 $222,990 69 Cash on Deposit in Banks, amount in each : — Chicopee National Bank, S p rin gfield ,..............................................................$6,724 52 City National Bank, S p rin gfield ,....................................................................... 676 38 No. of Shares. Detailed Statement o f Bank Stocks. 10 50 13 20 40 20 16 25 10 Par Value. First Nat’l Bank, Chicopee, . City Nat’l Bank, Springfield, Palmer Nat’l Bank, Palmer, . Hadley Falls N’l B’k, Holyoke, Chapin N’l Bank, Springfield, First Nat’l Bank, Springfield, F ranklin County N ational Bank, Greenfield, Chicopee N’l B’k, Springfield, First N’l Bank, Easthampton, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,000 5,000 1,300 2,000 4,000 2,000 Estimated Market Value. $1,500 6,500 1,300 3,200 4,930 3,300 00 00 00 00 00 00 Amount Invested. $1,500 5,000 1,300 3,410 4,930 3,300 00 00 00 00 00 00 1,600 2,500 1,000 1,600 00 4,000 00 1,485 00 1,600 00 4,000 00 1,485 00 $20,400 $27,815 00 $26,525 00 114 B A N K COM M ISSIO N ERS’ R E P O R T . [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $5,000 00 Kate. Amount. Rate. Amount. Rate. 4 per cent. $188,800 33 5 per cent. - - Number of loans which are of an amount not exceeding $3,000 each,. 139 Aggregate amount of the s a m e , ...................................................................... $162,185 Total number of loans upon real estate,.....................................................110 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889...................................................................................... 10,230 Hate and amount of each semi-annual dividend during the 1 2 per cent., f 3,885 year ending Oct. 31, 1 8 8 9 , ..................................................... } 2 per cent, 1 3,794 Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 192 Number of accounts closed during the year ending Oct. 31, 1889, . 140 Total number of open accounts Oct. 31, 1 8 8 9 , ................................... 895 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes), .......................................................................................................... 763 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 68,852 Number of s a m e , ............................................................................... 1,428 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 66,497 Number of s a m e , ....................................................................................... 784 Date of examination by commissioner: January 18. 33 62 39 78 56 20 34 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . dum ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more, than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1,198 $20,208 30 123 9,985 84 51 7,657 99 33 10,805 88 8 15 4,931 62 15,262 57 1,428 $68,852 20 not not not less . Num- Amount. ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust................................ Amount. 394 3 $25,904 20 691 30 23 6 2,568 81 1,313 22 1890.] P U B L IC D O CU M EN T — No. 8. C omm onw ealth of 115 M a s sa c h u s e t t s . H am pden, ss ., N ov . 18, 1889. Personally appeared Henry J. Boyd, Treasurer of the Chicopee Falls Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, T h o m a s C . P a g e , Justice o f the Peace. H am pden, ss ., N o v . 18, 1889. Personally appeared Geo. S. Taylor, President, and Amos W . Page, H. S. Newell, A. B . Martin, Geo. W . Bray and A. Desotell, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, T h o m a s C. P a g e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 116 B A N K CO M M ISSIO N ERS’ R E PO R T [Jan. C IT IZ E N S ’ S A V IN G S B A N K — P A L L R IV E R . Incorporated 1851. Present number of corporators, 55. J ohn C. M i l n e , President. E. E . H a t h a w a y , Treasurer. H e n r y H . E a r l e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : W e a v e r Osborn , J o h n C. M i l n e , L l o y d S. E a r l e , S. W . H a t h a w a y , M . G. B. Sw if t . Open for business every business day, 9 B a l a n c e Sh e e t , O c t o b e r A ssets. Bank stock as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . a .m . to 1 p .m . 31, 1889. L ia b il it ie s . $316,919 26,755 1,859,469 765,169 197,643 2,321 551 00 94 82 63 45 61 15 Deposits, . Guaranty fund, Discount account, Suspense account, . $3,168,830 60 $2,932,966 92,291 127,813 15,759 18 56 50 36 $3,168,830 60 Cash on Deposit in Banks, amount in each : — First National Bank, Boston, . . . . National Bank of Redemption, Boston, National Bank of the Republic, Boston, Pocasset National Bank, Fall River, $40,510 41,003 50,416 65,712 89 17 77 62 No. of Shares. Detailed Statement o f Bank Stocks. 14 6 93 250 140 54 50 77 Par Value. Boston Nat’l Bank, Boston, . Continental N’l Bank, Boston, Eliot National Bank, Boston, First National Bank, Boston, Howard Nat’l Bank, Boston, Maverick Nat’l Bank, Boston, Merchants’ N’l Bank, Boston, N’l B’k of Commerce, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,400 600 9,300 25,000 14,000 5,400 5,000 7,700 Estimated Market Value. $1,708 726 12,090 60,500 15,400 12,420 7,100 9,779 00 00 00 00 00 00 00 00 Amount Invested. $1,400 600 9,300 25,000 14,000 4,779 5,000 7,700 00 00 00 00 00 00 00 00 117 P U B L IC D O C U M E N T — No. 8. 1890.] No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 128 25 225 281 35 51 25 88 157 92 297 110 800 180 13 Par Value. N’l B’k of Redemption, Boston, N’l B’kof the Republic, Boston, N’l Hide & Leather B’k,Boston, National Revere Bank, Boston, Shawmut Nat’l Bank, Boston, State National Bank, Boston, Suffolk National Bank, Boston, Washington N’l B’k, Boston, Fall River N’l B’k, Fall River, Massasoit N’l Bank,Fall River, Metacomet N’l B’k, Fall River, Nat’l Union Bank, Fall River, Pocassett N’l B’k, Fall River, Second N’l Bank, Fall River, Railroad Nat’l Bank, Lowell, $12,800 2,500 22,500 28,100 3,500 5,100 2,500 8,800 15,700 9,200 29,700 11,000 80,000 18,000 1,300 Estimated Market Value. $17,152 4,175 27,000 34,844 4,515 6,171 2,875 11,000 17,270 16,560 38,610 11,000 104,000 27,000 1,690 Amount Invested. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $12,800 00 2,500 00 22,500 00 28,100 00 3,500 00 5,100 00 2,500 00 8,800 00 14,312 50 9,200 00 29,700 00 11,000 00 80,000 00 18,000 00 1,127 50 $319,100 $443,585 00 $316,919 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Kate. Amount. Kate. Amount. Rate. 2 per cent. 2è “ 4 “ $150,000 00 15,000 00 1,313,263 03 4| per cent. 4| 5 $995,568 42 72,808 00 5£ per cent. Amount. $147,226 68 50,416 77 78,000 00 6 “ $26,755 94 Value, by books, of real estate, held by foreclosure or otherwise, 31,275 00 Assessed value of the s a m e ,................................................................................ 2,544 64 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 499 674,018 22 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate, . • • • • 077 Gross amount of interest or profits received or earned, as per books, during 180,487 31 year ending Oct. 31, 1 8 8 9 , ........................................................................ Rate and amount of each semi-annual dividend during the J2£ per cent., $ 72,883 79 63,633 75 year ending Oct. 31, 1889...........................................................>2^ per cent., ( Times for the dividends fixed by the by-laws : second Monday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, 1,067 Number of accounts closed during the year ending Oct. 31, 1889, 1,115 Total number of open accounts Oct. 31,1889, . . . . 5,225 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 8,553 76 of taxes), ........................................................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 118 B A N K COM M ISSIO N ERS’ R E P O R T . [Jan. Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , .........................................................................................$453,455 93 Number of s a m e , ................................................................................4,034 Amount of withdrawals, including dividends, during the year ending Oct. 31,1889..................................................................................................................... 655,251 12 Number of s a m e , ................................................................................ 4,395 Date of examination by commissioner: August 20. Classification of Deposits received during the Year ending Oct. 8 1 ,1 8 8 9 . • Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 2,565 $56,279 12 661 55,321 46 320 51,054 68 278 96,808 03 95 115 68,972 53 125,020 11 4,034 $453,455 93 not not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . Amount. 1,528 5 $168,552 64 1,174 12 67 341 8,037 07 98,459 22 less C o m m o n w e a l t h of M a s s a c h u s e t t s . B r is t o l , s s ., N o v . 15, 1889. Personally appeared E. E. Hathaway, Treasurer of the Citizens’ Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, D a v i d F. S l a d e , Justice o f the Peace. B r is t o l , s s ., N ov . 15, 1889. Personally appeared John C. Milne, President, and M. G. B. Swift, Weaver Osborn, Lloyd S. Earle, J. W . Henry, H. H. Earle and S. W . Hathaway, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, D a v i d F. S l a d e , Justice o f the Peace. 1890.] 119 P U B L IC D O CU M ENT — No C IT Y F IV E CENTS S A V IN G S B A N K — H A V E R H IL L . Incorporated 1870. Present number of corporators, 45. J o h n B . N ic h o l s , President. G e o . W . N o y e s , Treasurer. G e o . W . N o y e s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: J o h n B . N ic h o l s , C. W . Ch ase, Jo h n E . G a l e , Ib a 0 . Sa w y e e , Levi Tayloe. Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 12 m . B alance Sheet , October to 12 m ., 2 to 3 p . m . ; 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, . Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposit in bank, on interest, Expense account, Premium account, Taxes paid, . . . . a .m . L ia b il it ie s . $26,000 41,755 9,725 108,000 25,022 558,283 263,096 00 25 00 00 43 90 38 26,800 23,893 1,173 1,912 1,021 00 36 99 50 54 $1,086,684 35 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, Rent account, . $1,014,480 47 32,625 00 19,890 80 19,295 59 392 49 f $1,086,684 35 Cash on Deposit in Bank : — First National Bank, Haverhill.............................................................................. $ 23,893 36 Loans on Bank Stock, amount on each : — On 3 shares First National Bank, H a v e r h i l l , ........................................................$300 On 2 shares First National Bank, H a v e r h i l l , ............................................ 100 On 5 shares Second National Bank, H a v e r h i l l ,............................................ 400 On 15 shares Second National Bank, H a v e rh ill,............................................ 1,425 On 78 shares Second National Bank, H averh ill,............................................. 7,500 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 00 120 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement of Public Funds. Par Value. City of Grand Rapids, Mich., 5s, of Lawrence, Mass., 6s, . $16,000 10,000 € $26,000 Estimated Market Value. Amount Invested. $16,400 00 10,050 00 $16,000 00 10,000 00 $26,450 00 $26,000 00 No. of Shares. Detailed Statement o f Bank Stocks. Par Value. 74 Continental N’l Bank, Boston, 12 Massachusetts N’l B’k, Boston, 25 Merchants’ N’l Bank, Boston, 9 N’l B’k of Commerce, Boston, 30 Tremont Nat’l Bank, Boston,. 194 First Nat’l Bank, Haverhill, . 9 Haverhill N’l B’k, Haverhill, 5 Merrimack N’l B’k, Haverhill, $7,400 3,000 2,500 900 3,000 19,400 900 500 $37,600 Estimated Market Value. $9,065 3,281 3,637 1,152 3,405 29,100 1,440 800 00 00 00 00 00 00 00 00 $51,880 00 Amount Invested. $9,247 3,660 3,173 900 3,783 19,400 900 690 75 00 75 00 75 00 00 00 $41,755 25 Detailed Statement o f Railroad Bonds. Par Value. Boston & Maine R.R. 7s,. Fitchburg R.R. 4s, . Fitchburg R.R. 5s, . Leeds &. Farmington R.R. 6s, . Old Colony R.R. 6s,. Old Colony R.R. 7s,. $50,000 5,000 20,000 10,000 10,000 13,000 Estimated Market Value. $56,000 4,800 21,600 11,250 11,300 14,722 00 00 00 00 00 00 Amount Invested. $50,000 5,000 20,000 10,000 10,000 13,000 00 00 00 00 00 00 $108,000 $119,672 00 $108,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $23,893 41,911 56,000 42,500 36 90 00 00 Rate. Amount. Kate. 2 per cent. 4 “ 4i “ 4è “ $7,800 00 451,821 38 91,547 00 4| per cent. 5 “ 5è “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $159,200 00 5,625 00 1,500 00 Rate. 6 per cent. 7 8 1890.] 121 P U B L IC D O CU M EN T — No. 8. $25,022 43 Value, by books, of real estate, held by foreclosure or otherwise, 16,800 00 Assessed value of the s a m e , ..................................................... ........ 723 76 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 184 238,603 38 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real e s t a t e , .............................................207 Gross amount of interest or profits received or earned,'as per books, during 53,615 00 year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the | 2£ per cent., J 22,007 47 18,214 96 year ending Oct. 31, 1 8 8 9 ,..................................................... * 2 per cent., 1 Times for the dividends fixed by the by-laws : June 1 and December 1. Number of accounts opened during the year ending Oct. 31, 1889, . 811 Number of accounts closed during the year ending Oct. 31, 1889, . 611 Total number of open accounts Oct. 31, 1889, . . . . 4,568 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 2,726 99 t a x e s ) ,................................................................................................................... Amount of deposits, not including dividends, received during the year end 230,527 76 ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ................................................................................ 4,108 Amount of withdrawals, including dividends-, during the year ending Oct. 186,548 74 31, 1 8 8 9 , .......................................................................................................... Number of s a m e , ................................................................................2,595 Date of examination by commissioner: August 27. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . ' Amount. 3,237 $47,865 60 448 37,464 49 201 32,247 08 151 54,245 78 43 28 29,645 71 29,059 10 4,108 $230,527 76 not not not To the credit — O f women, both adult and minor, Of guardians, Of reiigiotis and chari table associations, . In trust................................ Num ber. Amount. 1,565 5 $101,613 56 3,287 00 42 8 9,412 15 2,205 90 less C o m m o n w e a l t h of M a s s a c h u s e t t s . E s s e x , s s ., N o v . 4, 1889. Personally appeared Geo. W . Noyes, Treasurer of the City Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E. G. W ood, Justice o f the Peace. E s s e x , ss., Nov. 4, 1889. Personally appeared John B. Nichols, President, and S. P. Gardner, N. K. Johnson, C. W . Chase, S. Laubham and C. E. Wiggin, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, E. G. W oo d , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 122 B A N K CO M M ISSIO N ERS’ R E P O R T [Jan C IT Y IN S T IT U T IO N FOR S A V IN G S — L O W E L L . Incorporated 1837. Present number of corporators, 43. F . A. B u t t r i c k , Treasurer. A. B u t t r i c k , Clerk o f the Corporation. W m . E . L i v i n g s t o n , Vice-President. F. Names of committee charged with the investment of its funds: F. T. G r e e n h a l g e , J o h n F. H o w e , W m . N ic h o l s , A d d is o n P u t n a m , F. A . B u t t r i c k . Open for business every business day, 9 a .m . to 1 p . m . ; also Saturdays, 7 to 9 p .m . B alance Sheet , October 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock,. Railroad bonds as per schedule, Real estate by foreclosure,. Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,................................... Loans on depositors’ books, Deposits in banks, on interest, . Cash on hand, . . . . L ia b il it ie s . $303,600 691,069 29,231 608,500 5,000 2,375,780 1,502,770 00 75 00 00 00 30 68 71,000 600 80,628 453 00 00 25 70 Deposits, . Guaranty fund, Profit and loss ac count, . $5,668,633 68 $5,168,726 69 212,500 00 287,406-99 $5,668,633 68 Cash on Deposit in Banks, amount in each : — Appleton National Bank, L o w e ll,................................... Third National Bank, Springfield,................................... $5,628 25 75,000 00 Loans on Bank Stock, amount on each: — On 110 shares Appleton National Bank, Lowell, . On 73 shares Wamesit National Bank, Lowell, On 15 shares Wamesit National Bank, Lowell, On 20 shares Brockton National Bank, Brockton,. On 9 shares National Hide and Leather Bank, Boston, On 20 shares Everett National Bank, Boston, On 13 shares First National Bank, Lowell, . On 5 shares Prescott National Bank, Lowell, On 58 shares Railroad National Bank, Lowell, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 11,000 00 5,700 00 4.000 00 1,231 00 1.000 00 500 00 5,800 00 1890.] 123 P U B L IC DO CU M EN T — No. 8 Detailed Statement o f Public Funds. Tar Value. City of Hartford, Conn., 6s, . of Haverhill, Mass., 7s, . of Lowell, Mass , 6s, Town of Plymouth, Mass., 6s, City of Cleveland, Ohio, 4s, . of East Saginaw, Mich., 5s, of Des Moines, Iowa, 4^s, of Des Moines, Iowa, 4s, Town of Maynard, Mass., 4s, . . $10,000 40.000 3,000 20.000 52.000 16.000 90.000 60.000 15,000 Estimated Market Value. $10,200 45,650 3,060 22,200 54,280 16,440 94,880 61,998 16,012 00 00 00 00 00 00 00 00 50 Amount Invested. $10,000 40.000 3,000 20.000 52.000 16.000 90.000 57,600 15.000 00 00 00 00 00 00 00 00 00 $306,000 $324,720 50 $303,600 00 No. of Shares. Detailed Statement o f Bank Stocks. 80 200 307 210 124 39 78 138 146 100 55 200 200 100 135 100 44 100 150 250 400 400 30 50 100 375 36 105 65 167 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, Blackstone N’i Bank, Boston, Boston National Bank, Boston, Boylston Nat’l Bank, Boston, Bunker Hill N’l Bank, Boston, City National Bank, Boston, . Columbian N’l Bank, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston, Everett Nat’l Bank, Boston, . First National Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Metropolitan N’l B’k, Boston, N’l B’k of Commerce, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, National Eagle Bank, Boston, Nat’l Exchange Bank, Boston, N’l Hide & Leather B’k, Boston, National Revere Bank, Boston, National Union Bank, Boston, Nat’l Webster Bank, Boston,. New England N’l B’k, Boston, North National Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $8,000 20,000 30,700 21,000 12,400 3,900 7,800 13,800 14,600 10,000 5,500 20,000 20,000 10,000 13,500 10,000 4,400 10,000 15,000 25,000 40,000 40,000 3,000 5,000 10,000 37,500 3,600 10,500 6,500 16,700 Estimated Market Value. $11,400 23,650 34,614 25,620 17,112 7,419 7,410 16,767 17,885 13,150 5,665 48,500 19,700 12,600 14,850 10,000 6,358 10,400 19,200 30*562 53,800 66,800 3,090 6,375 12,000 46,500 5,148 10,500 10,546 23,213 00 00 25 00 00 75 00 00 00 00 00 00 00 00 00 00 00 00 00 50 00 00 00 00 00 00 00 00 25 00 Amount Invested. $8,000 20,000 30,700 21,000 12,400 3,900 7,800 13,800 14,600 10,000 5,494 20,000 20,000 10,000 13,500 10,000 4,400 10,000 15,000 25,000 40,000 40,000 3,000 5,000 10,000 37,500 3,600 10,500 6,500 16,700 00 00 00 00 00 00 00 00 00 00 75 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 124 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. No. of 1 Shares. Detailed Statement o f Bank Stocks — Concluded. 40 265 100 65 205 400 236 39 31 25 110 500 64 220 69 39 25 Par Value. Old Boston N’l Bank, Boston, Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston, Suffolk N ad Bank, Boston, . Third National Bank, Boston, Tremont Nat’l Bank, Boston, Washington N’l Bank, Boston, Framingham N’l B’k, Framingham, . Bay State N’l B’k, Lawrence, N’l Pemberton B’k, Lawrence, Appleton N’l Bank, Lowell, . First National Bank, Lowell, Prescott Nat’l Bank, Lowell, . Railroad Nat’l Bank, Lowell, Wamesit Nat’l Bank, Lowell, First N’l Bank, Marlborough, Estimated Market Value. Amount Invested. $4,000 26,500 10,000 6,500 20,500 40,000 23,600 3,900 $4,760 46,375 13,000 7,865 23,626 41,800 26,786 4,894 00 00 00 00 25 00 00 50 $4,000 26,500 10,000 6,500 20,500 40,000 23,600 3,900 00 00 00 00 00 00 00 00 3,100 1,875 11,000 50,000 6,400 22,000 6,900 3,900 2,500 4,650 3,125 14,850 100,000 11,200 33.000 9,108 5,655 2,500 00 00 00 00 00 00 00 00 00 3,100 1,875 11,000 50,000 6,400 22,000 6,900 3,900 2,500 00 00 00 00 00 00 00 00 00 $691,075 $944,030 50 $691,069 75 Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R.R. 7s, Old Colony & Newport R.R. 6s, Old Colony R.R. 4s, Fitchburg R.R. 4s, . . . . Fitchburg R.R. 4^s, . Fitchburg R.R. 5s, . Worcester, Nash.& Rochester R.R. 4s, Estimated Market Value. $127,500 50.000 100,000 100,000 100,000 100,000 50.000 $137,700 57.500 109.000 97,000 105.000 101,500 52.500 00 00 00 00 00 00 00 $627,500 $660,200 00 Amount Invested. $127,500 50.000 100,000 100,000 81.000 100,000 50,000 00 00 00 00 00 00 00 $608,500 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Rate. Amount. Rate. 2J per cent. $325,000 00 50,000 00 2,711,106 05 4| per cent. Amount. $5,628 25 50,000 00 407,494 54 3 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ 4£ 5 “ Amount. $67,100 00 393,681 39 50,000 00 Rate. 5^ per cent. 6 6è “ 1890.] 125 P U B L IC D O CU M EN T — No. 8. Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the same..................................................................................... Number of loans which are of an amount not exceeding $3,000 each,. 268 Aggregate amount of the same............................................................................... Total number of loans upon real estate,..................................................... 404 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... Rate and amount of each semi-annual dividend during the ) 2 per cent, ( year ending Oct. 31, 1 8 8 9 , ..................................................... > 2 per cent., ( Times for the dividends fixed by the by-laws : second Saturday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, 2,472 Number of accounts closed during the year ending Oct. 31, 1889, 1,766 Total number of open accounts Oct. 31,1889, . . . . 13,651 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889, ......................................................................................... Number of same..............................................................................................14,424 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... Number of s a m e , .......................................................................................12,887 Date of examination by commissioner: November 12. $5,000 00 16,300 00 364,704 61 5,000 00 309,083 09 93,070 38 95,878 75 10,616 39 938,842 56 837,405 84 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $560, . Exceeding $500, and than $1,000, . Of $1,000 or more, . Num Amount. 11,132 $240,813 17 1,776 155,244 17 713 111,826 17 524 185,900 51 166 113 119,098 85 125,959 69 14,424 $938,842 56 ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ not not not Amount. 7,042 50 $443,227 62 9,325 58 173 1,307 12,875 51 79,119 91 less Co m m o n w e a l t h oe M assach u setts. M id d l e s e x , ss ., N ov . 5, 1889. Personally appeared F. A. Buttrick, Treasurer of the City Institution for Savings of Lowell, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, J. F. K i m b a l l , Justice o f the Peace. M id d l e s e x , ss ., N ov . 5, 1889. Personally appeared Wm. E. Livingston, Vice-President, and Win. Nichols, John F. Howe, Addison Putnam, Nathan M. Wright and Edward K. Perley, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, J. F. K i m b a l l , Justice o f the rea ce. 126 B A N K C O M M ISSIO N E R S’ R E PO R T. [Jan C L IN T O N S A V IN G S B A N K — C LIN TO N . Incorporated 1851. Present number of corporators, 63. C h a s . L. S w a n , President. C. L. S. H a m m o n d , Treasurer. C h a s . G. S t e v e n s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: C . L. S w a n , G .W . W C. C. S t o n e , J. E. T h a y e r , C. A. V eeks, ic k e r y . Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 1 p .m . a .m . to 12 m ., 2 to 4 p .m . ; B ala n c e Sh e e t , O ctober 31, 1889. A ssets. Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)......................................... Deposit in bank, not on interest, Premium account, Cash on hand, . . . . L ia b il it ie s . $42,700 6,525 79,400 8,000 33.000 718,420 302,762 00 00 00 00 00 73 35 20.000 7,569 7,218 12,219 00 50 59 25 Deposits, . Guaranty fund, Profit and loss ac count, . $1,237,815 42 $1,204,818 23 32,000 00 997 19 $1,237,815 42 Cash on Deposit in Bank: — First National Bank, Clinton,............................................ $7,569 50 Loans on Public Funds, amount on each : — 00 525 00 "o o o On ¡$7,000 Town of Clinton, Mass., bonds, . On $1,000 United States 4 s , ............................................ Loans on Bank Stock, amount on each : — On 20 shares First National Bank, Clinton, . On 50 shares Maverick National Bank, Boston, . On 23 shares Merchants’ National Bank, New Bedford https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,000 00 5,000 00 1.000 00 1890.] 127 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. City of Taunton, Mass., 5s, Town of Clinton, Mass., 4s, of Clinton, Mass., 6s, Estimated Market Value. Amount Invested. $8,000 18,000 16,700 $8,560 00 18,540 00 18,370 00 $8,000 00 18,000 00 16,700 00 $42,700 $45,470 00 $42,700 00 No. of | Shares. I Detailed Statement o f Bank Stocks. Par Value. 14 Atlas National Bank, Boston, . 20 Central Nat’l Bank, Boston, . 5 National City Bank, Boston, . 2 Boston National Bank, Boston, 10 N’l Hide & Leather B’k, Boston, 16 Howard Nat’l Bank, Boston, . 50 Manufacturers’ N’l B’k, Boston, 20 Market Nat’l Bank, Boston, . 30 Metropolitan N’l B’k, Boston,. 42 N’l B’k of No. America, Boston, 7 Traders’ Nat’l Bank, Boston, . 105 Nat’l Webster Bank, Boston, . 300 First National Bank, Clinton, . 30 First Nat’l Bank, Leominster, 50 National Bank of Commerce, New Bedford, 50 First N’l Bank, New Bedford, 50 Orange Nat’l Bank, Orange, . * This bank is in process of liquidation, $1,400 2,000 500 200 1,000 1,600 5,000 2,000 3,000 4,200 700 10,500 30,000 300 Estimated Market Value. $1,659 2,705 475 244 1,200 1,760 5,256 2,000 3,120 5,134 700 10,500 37,500 300 50 00 00 00 00 00 25 00 00 50 00 00 00 00 Amount Invested. $1,400 4,000 500 200 1,000 1,600 5,000 2,000 3,000 4,200 700 10,500 30,000 300 00 00 00 00 00 00 00 00 00 00 00 00 00 00* 5,000 5,000 5,000 5,000 00 7,575 00 6,500 00 5,000 00 5,000 00 5,000 00 $77,400 $91,629 25 $79,400 00 and has paid 90 per cent, to stockholders. Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 6s, Old Colony R.R. 7s, Nashua & Rochester R.R. 5s, . Worcester & Nashua R.R. 5s, . Fitchburg R.R. 7s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 5.000 2.000 3,000 13,000 Estimated Market Value. $11,550 5,662 2,080 3,090 14,300 00 50 00 00 00 $33,000 , $36,682 50 Amount Invested. $10,000 5.000 2.000 3,000 13,000 00 00 00 00 00 $33,000 00 128 B A N K C O M M ISSIO N E R S’ R E PO R T. [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. $10,000 00 75,000 00 106,500 00 4 per cent. 4i “ 4i “ $1,500 00 712,289 65 29,785 18 Kate. 4| per cent. ; 5 5* “ Rate. Amount. $113,017 15 7,616 10 6 per cent. 7 “ Number of loans which are of an amount not exceeding $3,000 each,. 312 Aggregate amount of the s a m e , ........................................................................ $335,359 Total number of loans hpon real estate.......................................................344 Gross amount of interest or profits received or earned, as per books, during 55,991 year ending Oct. 3 1 ,1 8 8 9 ,................................................................................. 21,855 Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 ,...................................................... 1 2 per cent., 1 22,395 Times for the dividends fixed by the by-laws: second Monday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 840 Number of accounts closed during the year ending Oct. 31, 1889, . 560 Total number of open accounts Oct. 31, 1889, . . . . 4,236 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 3,312 of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of same, ......................................................4,539 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ Number of s a m e ,................................................................................. 2,537 Date of examination by commissioner: July 30. 73 77 11 67 00 281,204 14 248,894 53 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber.* O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 3,409 $78,355 86 640 51,444 48 262 41,149 36 159 53,734 49 46 23 31,478 74 25,041 21 4,539 $281,204 14 not not not less ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . Amount. 2,175 9 $98,509 57 2,215 19 136 24 12,758 56 3,831 22 1890.] PU B L IC D O CU M EN T — No. 8. 129 C o m m o n w e a l t h of M a s s a c h u s e t t s . W o r cester, ss. C l i n t o n , N o v . 1, 1889. Personally appeared C. L. S. Hammond, Treasurer of the Clinton Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W or cester , ss. E d w i n N . R i c e , Justice o f the Peace. C l i n t o n , N ov . 1 ,1 8 8 9 . Personally appeared C. L. Swan, President, and C. C. Stone, C. A. Vickery, Chas. G. Stevens, W m. Hamilton, C. W . Field and C. W . Field, Jr., trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, E d w i n N. R i c e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 130 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan. COHASSET S A V IN G S B A N K — COHASSET. Incorporated 1845. Present number of corporators, 37. J. Q . A . L o t h r o p , President. C a l e b L o t h r o p , Treasurer. C a l e b L o t h r o p , Clerk o f the Corporation. Names of committee charged with the investment of its funds : J. Q. A . L o t h r o p , A b r a h a m H. T o w e r , L o u is N. L in c o l n , M o r g a n B. S t e t s o n . Open for business every business day, except Saturday, 9 B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposits in banks, on interest, . Expense account, Premium account, Suspense account, Cash on hand, . . . . a.m . to 12 m ., 1 to 4 p . m . 31, 1889. L ia b il it ie s . $9,000 00 54.000 00 22.000 00 297,155 00 100,000 00 7,000 12,692 426 975 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $473,436 74 14,910 00 9,259 07 6,569 05 00 47 99 00 6 00 919 40 $504^74 86 $504,174 86 Cash on Deposit in Banks, amount in each : — Boston National Bank, B o s t o n ,........................................................................$10,324 72 Maverick National Bank, Boston.......................................................................... 2 367 75 Detailed Statement o f Public Funds. Par Value. City of Springfield, Ohio, 4^s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $9,000 Estimated Market Value. $9,950 00 Amount Invested. $9,000 00 1890.] 131 P U B L IC D O CU M EN T — No. 8 No. of Shares. Detailed Statement o f Bank Stocks. 30 20 45 43 20 40 18 20 25 30 23 12 22 45 32 38 36 15 10 16 Estimated Par Value. Amount Invested. Market Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . National City Bank, Boston, . Columbian N’l Bank, Boston, Continental N’l Bank, Boston, National Eagle Bank, Boston, Everett Nat’l Bank, Boston, . N ’l Hide & Leather B’k, Boston, Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston,. North Nat’l Bank, Boston, N’l B’k of the Republic, Boston, Nat’l Revere Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston, Tremont Nat’l Bank, Boston, . National Union Bank, Boston, Washington N’l Bank, Boston, Nat’l Webster Bank, Boston, $3,540 2,250 5,049 4,085 2,430 4,900 1,854 2,060 3,000 3,000 3,323 1,668 3,674 5,580 4,160 4,598 4,086 2,145 1,250 1,600 $3,000 2,000 4,500 4,300 2,000 4,000 1,800 2,000 2,500 3,000 2,300 1,200 2,200 4,500 3,200 3,800 3,600 1,500 1,000 1,600 $54,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $64,252 00 $3,000 2,000 4,500 4,300 2,000 4,000 1,800 2,000 2,500 3,000 2,300 1,200 2,200 4,500 3,200 3,800 3,600 1,500 1,000 1,600 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $54,000 00 Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 7s, Eastern R.R. 6s, . . . *A Estimated Market Value. $9,000 13,000 $10,800 00 16,250 00 $22,000 $27,050 00 Amount Invested. $9,000 00 13,000 00* $22,000 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Eate. Amount. Eate. Amount. Eate. 2£ per cent. 4è “ 4| “ $105,600 00 15,000 00 48,400 00 5 per cent. 5i “ 5h “ $158,855 00 2,800 00 6 per cent. “ Amount. $12,692 47 48,500 00 25,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 132 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. Number of loans which are of an amount not exceeding $3,000 each, 138 Aggregate amount of the s a m e , ........................................................... $124,055 Total number of loans upon real e s t a t e , .............................................166 Gross amount of interest or profits received or earned, as per books, dur ing year ending Oct. 31, 1 8 8 9 , ......................................................... 24,898 Rate and amount of each semi-annual dividend during the 1 2£ per cent., f year ending Oct. 31, 1 8 8 9 ,......................................................i 2 per cent., 1 Times for the dividends fixed by the by-laws: first Tuesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 145 Number of accounts closed during the year ending Oct. 31, 1889, . 89 Total number of open accounts Oct. 31, 1889, . . . . 1,139 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta xe s),...................................................................................................... 1,582 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................... 68,283 Number of same...............................................................................................699 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................. 67,344 Number of same............................................................................................... 619 Date of examination by commissioner: October 11. 00 77 11,026 18 9,072 93 86 07 14 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num Num Amount. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Amount. ber. ber. 453 $10,070 52 119 10,097 00 49 7,934 44 54 20,136 11 14 10 10,045 00 10,000 00 699 $68,283 07 To the credit — Of women, both adult and minor, Of religious and chari table associations, . In trust, . 305 $28,342 49 31 86 1,429 04 14,054 00 C o m m o n w e al t h o r M assa ch u se tts. C o h a s s e t , N o v . 8, 1889. N o r fo lk , ss. Personally appeared Caleb Lothrop, Treasurer of the Cohasset Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, N o r f o l k , ss. E d w a r d E. E l l m s , Justice o f the Peace. C o h a s s e t , N ov . 8, 1889. Personally appeared J. Q. A. Lothrop, President, and Louis N. Lincoln, Abraham H. Tower, Morgan B. Stetson, Newcomb Bates and C. F. Nichols, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, E d w a r d E. E l l m s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 133 PU B L IC D O CU M EN T — No. C O N W A Y S A V IN G S B A N K — C O N W A Y . Incorporated 1887. Present number of corporators, 25. J o h n B . P a c k a r d , President. W m . G . A v e r y , Treasurer. W m . G . A v e r y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Carlos B a t c h e l d e r , Ch a s . B . M e r r it t , E dw ard D elabarre, Jo h n B . P a c k a r d , R ic h a r d T u c k e r . Open for business every business day, 9 B a l a n c e Sh e e t , O c t o b e r . to 3 p . m . 31, 1889. L ia b il it ie s . A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposit in bank, on interest, Premium account, a .m $500 6,270 1,000 31,425 8,500 Deposits, . Guaranty fund, Profit and loss ac count, . 00 00 00 00 00 $59,957 92 269 85 58 08 500 00 11,911 87 178 98 $60,285 85 $60,285 85 Cash on Deposit in Bank : — Conway National Bank, Conway, . . . .................................... $11,911 . 87 Loans on Bank Stock, amount on each : — On 5 shares Conway National Bank, Conway, On 5 shares Conway National Bank, Conway, On 8 shares Conway National Bank, Conway, On 7 shares Conway National Bank, Conway, On 10 shares Conway National Bank, Conway, On 10 shares Conway National Bank, Conway, On 15 shares City National Bank, Holyoke, On 20 shares Home National Bank, Holyoke, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . .................................... $240 .................................... .................................... .................................... .................................... .................................... .................................... 1,000 .................................... 1,500 450 700 630 850 900 00 00 00 00 00 00 00 00 134 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Bank Stocks. O o • U * Par Value. <g 5 Conway Nat’l Bank, Conway, $500 Estimated Market Value. $585 00 Amount Invested. $500 00 Detailed Statement o f Railroad Bonds. Par Value. $1,000 Fitchburg R.R. 6s, . Estimated Market Value. $1,110 00 Amount Invested. $1,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $11,911 87 Rate. 4 per cent. Amount. $46,695 00 Rate. Amount. Rate. 5 per cent. - - 1STumber of loans which are of an amount not exceeding $3,000 each, 51 $39,295 00 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 36 Gross amount of interest or profits received or earned, as per books, during 2,460 02 year ending Oct. 31, 1 8 8 9 ,................................................................................. 862 82 Hate and amount of each semi-annual dividend during the 1 2 per cent., f 1,043 28 year ending Oct. 31, 1889...........................................................>2 per cent., 1 Times for the dividends fixed by the by-laws : May 1 and November 1. Number of accounts opened during the year ending Oct. 31, 1889, . 112 Number of accounts closed during the year ending Oct. 31, 1889, . 40 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 325 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of 268 60 ta xe s),..................................................................................................................... Amount of deposits, not including dividends, received during the year end 22,914 68 ing Oct. 31, 1 8 8 9 , ......................................................................................... Number of same...............................................................................................367 Amount of withdrawals, including dividends, during the year ending Oct. 11,600 91 31, 1 8 8 9 , ............................................................................................................ Number of s a m e , ..........................................................................................161 Date of examination by commissioner: March 1. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 135 P U B L IC D O CU M EN T — No. 8. Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. 272 $4,979 20 54 4,498 12 17 2,751 30 19 6,702 54 3 2 1,983 52 2,000 00 367 $22,914 68 To the credit — O f women, both adult and minor, O f guardians, not not 134 7 Amount. $7,796 10 646 08 not less C om m onw ealth of M assa ch u setts. F r a n k l in , ss ., N ov . 16, 1889. Personally appeared W m . G. Avery, Treasurer of the Conway Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the mat ters to which they relate, according to his best knowledge and belief. Before me, H e n r y W . B i l l i n g s , Justice o f the Peace. F r a n k l in , ss ., N ov . 16, 1889. Personally appeared John B. Packard, President, and Arthur M. Cook, Charles Par sons, Jr., Chas. C. Burdett, Harvey Townsend and Carlos Batchelder, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H e n r y W . B i l l i n g s , Justice o f the Peace. 136 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan CROCKER IN S T IT U T IO N FOR S A V IN G S — T U R N E R ’S FALLS. Incorporated April 3, 1869. Present number of corporators, 33. J. H. R oot , President. D. P. A b e r c r o m b ie , Treasurer. W . H. P. G il m o r e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : G. L. R ist, Jas . A. Gunn , D. P. A b e r c r o m b ie . Open for business every business day, 9 B a l a n c e Sh e e t , O c t o b e r A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds, as per schedule, Real estate (for banking purp o s e s ) , .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o t e s ) ,.................................... Loans on depositors’ books, Deposit in bank, on interest, . Deposit in bank, not on interest, Expense account, Interest account, Premium account, Cash on hand................................ a .m . to 3 p . m . 31, 1889. L ia b il it ie s . $32,000 28,472 12,950 40,000 00 50 00 00 Deposits, . Guaranty fund, Profit and loss account, $624,802 20 11,800 00 9,001 47 31,000 00 311,875 00 143,683 00 29,546 125 5,300 5,061 3,532 674 580 802 . 25 00 00 24 45 58 80 85 $645,603 67 $645,603 67 Cash on Deposit in Bank: — Crocker National Bank, Turner’s Falls............................................................... $10,361 24 Loans on Bank Stock, amount on each : — On 60 shares Chicopee National Bank, Springfield................................................... $3,000 On 10 shares Crocker National Bank, Turner’s Falls....................................... 1,000 On 7 shares Crocker National Bank, Turner’s F a l l s , .................................... 700 On 13 shares Crocker National Bank, Turner’s F a lls,.................................... 900 On 25 shares Crocker National Bank, Turner’s F a l l s ,................................... 2,500 On 5 shares Crocker National Bank, Turner’s F a l l s , .................................... 500 On 5 shares Crocker National Bank, Turner’s F a l l s , ................................... 350 On 40 shares Packard National Bank, G r e e n f i e l d ,.................................... 4,000 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 00 00 00 00 1890.] 137 P U B L IC D O CU M ENT — No. 8. Detailed Statement o f Public Funds. Par Value. City of Boston, Mass., 6s, of Boston, Mass., 5s, of Lowell, Mass., 6s, of Providence, R. I., 5s, . of East Saginaw, Mich., 5s, Town of Montague, Mass., 4s, . $6,000 '4,000 3,000 5,000 3,000 11,000 $32,000 Estimated Market Value. $6,630 4,820 3,060 5,650 3,120 11,550 00 00 00 00 00 00 $34,830 00 Amount Invested. $6,000 4,000 3,000 5,000 3,000 11,000 00 00 00 00 00 00 $32,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 87 60 10 7 10 10 10 10 40 Par Value. Crocker N’l B’k, Turner’s Falls, Conway Nat’l Bank, Conway, Central Nat’l Bank, Boston, . Columbian N’l Bank, Boston, Nat’l Webster Bank, Boston, Eliot National Bank, Boston,. Tremont Nat’l Bank, Boston,. N’l B’k of Commerce, Boston, Continental N’l Bank, Boston, $8,700 6,000 1,000 700 1,000 1,000 1,000 1,000 4,000 $24,400 Estimated Market Value. $11,310 7,200 1,350 847 1,000 1,310 1,135 1,280 4,900 00 00 00 00 00 00 00 00 00 $30,332 00 Amount Invested. $9,835 6,930 1,056 1,014 1,155 1,242 1,242 1,292 4,704 00 00 25 50 00 50 50 50 25 $28,472 50 Detailed Statement o f Railroad Bonds. Par Value. Boston, Revere Beach & Lynn R.R. 6s, Old Colony R.R. 6s,. Fitchburg R.R. 5s, . Fitchburg R.R. 4^s, . . . . Vermont & Massachusetts R.R. 5 s,. Boston & Maine R.R. 7 s,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $7,000 5.000 15,000 5.000 5.000 3.000 $40,000 Estimated Market Value. $7,910 5,750 15,750 5,000 5,550 3,360 00 00 00 00 00 00 $43,320 00 Amount Invested. $7,000 5.000 15,000 5.000 5.000 3.000 00 00 00 00 00 00 $40,000 00 138 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $5,300 00 17,500 00 Kate. Amount. 2 per cent. 4 $5,000 00 Rate. Amount. 4£ per cent. $475,679 25 Rate. 5 per cent. Amount invested in real estate for banking purposes,................................... $31,000 00 Estimated value of the sam e,................................................................................ 31,000 00 Assessed value of the s a m e ,................................................................................ 22,400 00 Net income received from same during year ending Oct. 31, 1889, 1,701 46 Number of loans which are of an amount not exceeding $3,000 each, 347 Aggregate amount of the s a m e , ....................................................................... 256,704 25 Total number of loans upon real e s t a t e , .............................................316 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 30,270 04 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 11,381 59 year ending Oct. 31, 1889, . . . . . . / 2 per cent., \ 11,773 25 Times for the dividends fixed by the by-laws ; January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 344 Number of accounts closed during the year ending Oct. 31, 1889, . 279 Total number of open accounts Oct. 31, 1889, . . . . 1,895 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ............................................................................................................ 1,678 99 Amount of deposits, not including dividends, received during the year end ing Oct. 31,1889,................................................................................................... 128,982 70 Number of same...............................................................................................2,023 Amount of withdrawals, including-dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ 115,892 72 Number of s a m e ,.......................................................................................... 1,078 Date of examination by commissioner: October 29. Classification o f Deposits received during the Year eyiding Oct. 31, 1889. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 1,558 $30,285 49 237 19,239 60 114 18,385 45 68 23,361 30 29 17 20,710 86 17,000 00 2,023 $128,982 70 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ Amount. 742 25 $46,033 67 2,860 76 4 38 1,583 07 1,578 55 1890.] P U B L IC D O CU M EN T — No. 8. 139 Co m m o n w e a l t h of M a ssa c h u s e t t s . F r a n k l i n , s s ., N ov . 2, 1889. Personally appeared D. P. Abercrombie, Treasurer of the Crocker Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W i l l i a m S. D a n a , Justice o f the Peace. F r a n k l i n , s s ., N ov . 2, 1889. Personally appeared J. H. Root, President, and James A. Gunn, E . L. Goddard, M. B. Allen, W . H. P. Gilmore and G. L. Rist, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W i l l i a m S. D a n a , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 140 B A N K CO M M ISSIO N ERS’ R E PO R T [Jan D A N V E R S S A V IN G S B A N K — D A N V E R S . Incorporated 1850. Present number of corporators, 49. A u g u s t u s M u d g e , President. A l b i o n F . W e l c h , Treasurer. I s r a e l H . P u t n a m , Clerk o f the Corporation. Names of committee charged with the investment of its funds: Jo sh u a B r a g d o n , Ch a s . H . G o u ld, J. F r a n k P o r t e r , F r a n c is D o d g e , G il b e r t A . T a p l e y . Open for business every business day, 8 a .m B a l a n c e Sh e e t , O c t o b er A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in banks, on interest, . Deposits in banks,not oninterest, Expense account, Premiums...................................... Insurance account, . Taxes paid, . . . . Cash on hand, . . . . . to 12 m ., 1 to 3 p . m . 31, 1889. L ia b il it ie s . $22,775 143,280 2,225 56,000 55,530 428,522 392,262 00 50 00 00 00 00 20 2,000 75,872 5,000 191 3,788 20 822 4,146 00 88 00 66 53 15 80 14 $1,192,436 86 Deposits, . Guaranty fund, Interest account, Earnings undivided, Rent,. $1,139,605 40,300 4,460 7,738 332 11 00 65 35 75 $1,192,436 86 Cash on Deposit in Banks, amount in each: — Maverick National Bank, B o sto n ,.......................................................................$46,347 67 Merchants’ National Bank, S a l e m , .............................................................. 738 98 First National Bank, D a n v e r s , ....................................................................... 33,786 23 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 141 PU B L IC D O CU M EN T — No. 8 Loans on Bank Stock, amount on each : — On 6 shares Salem National Bank, Salem, On 16 shares First National Bank, Danvers,. On 5 shares First National Bank, Danvers, . On 3 shares First National Bank, Danvers, . $1,800 00 375 00 50 00 Detailed Statement o f Public Funds. Par Value. City of Boston, Mass., 6s, of Boston, Mass., 4s, Town of Danvers, Mass., 4s, . Estimated Market Value, Amount Invested. $10,000 10,000 3,000 $10,950 00 10,600 00 3,000 00 $9,775 00 10,000 00 3,000 00 $23,000 $24,550 00 $22,775 00 N o. o f Shares. Detailed Statement o f Bank Stocks. 50 53 10 60 70 85 68 10 50 71 65 75 50 34 80 20 25 270 7 5 25 75 125 20 131 10 Par Value, j Atlas National Bank, Boston,. Blaekstone N’l Bank, Boston, Continental N’l Bank, Boston, N’l B’k of Commerce, Boston, Nat’l Exchange Bank, Boston, Globe National Bank, Boston, Howard Nat’l Bank, Boston, . Lincoln Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, Nat’l Revere Bank, Boston, . State National Bank, Boston,. Traders’ Nat’l Bank, Boston, . Third National Bank, Boston, Tremont Nat’l Bank, Boston,. Washington N’l Bank, Boston, Asiatic Nat’l Bank, Salem, First National Bank, Salem, . Naumkeag N’l Bank, Salem, Salem National Bank, Salem, National Bank of Commerce, New Bedford, First N’l Bank, New Bedford, Warren Nat’l Bank, Peabody, First National Bank, Danvers, Rockport N’l Bank, Rockport, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 5,300 1,000 6,000 7,000 8,500 6,800 1,000 5,000 7,100 6,500 7,500 5,000 3,400 8,000 2,000 2,500 8,100 700 500 2,500 7,500 12,500 2,000 9,825 1,000 $132,225 Estimated Market Value. $5,912 50 5,975 75 1,225 00 7,680 00 8,925 00 8,372 50 7,480 00 1,147 50 7,275 00 8,679 75 8,742 50 9,300 00 6,050 00 3,230 00 8,360 00 2,270 00 3,137 50 9,315 00 931 00 701 25 3,325 00 7,350 18,875 2,700 10,742 1,475 00 00 00 00 00 Amount Invested $5,675 00 5,300 00 1,080 00 6,000 00 7,097 50 10,612 50 6,800 00 1,100 00 6,475 00 7,268 75 7,901 25 7,500 00 5,356 25 3,345 00 8,000 00 2,000 00 2,500 00 8,100 00 700 00 500 00 2,862 50 8,962 14,947 2,000 10,197 1,000 50 25 00 00 00 $159,177 25 $143,280 50 142 [Jan. B A N K CO M M ISSIO N ERS’ REPORT, Detailed Statement o f Bailroad Bonds. Par Value. Conn. & Passumpsic Rivers R.R. 7s, Boston & Lowell R.R. 7s, Boston, Winthrop & Shore R.R. 5s, Fitchburg R.R. 4s, . Fitchburg R.R. 4’ s, . . . . Estimated Market Value. Amount Invested. $16,000 10,000 10,000 10,000 10,000 $17,600 11,550 11,000 9,600 10,050 00 00 00 00 00 $56,000 $59,800 00 $16,000 10,000 10,000 10,000 10,000 00 00 00 00 00 $56,000 00 Total Amount o f Loans with Each Specified Bate of Interest, including Deposits in Banks on Interest. Amount. $29,525 46,347 66,918 50,000 25 000 Bate. 21 67 47 00 00 2 per cent. 2h “ 4 “ H “ 41 “ Amount. $131,500 60,000 182,327 50,200 Kate. 00 00 73 00 4^ per cent. 5^ 5h “ “ Amount. $210,733 687 17,643 30,000 Kate. 00 00 00 00 6 per cent. 6£ “ 7 8 Value, by books, of real estate, held by foreclosure or otherwise, $55,530 00 Assessed value of the s a m e ,.............................................................. 55,500 00 Net income received from same during year ending Oct. 31, 1889, 1,485 25 Number of loans which are of an amount not exceeding $3,000 each, . 258 Aggregate amount of the s a m e , ....................................................................... 232,813 00 Total number of loans upon real estate,......................................................251 530 00 Amount of investments from which no income is received.............................. Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................. 63,597 56 20,985 75 Rate and amount of each semi-annual dividend during the j 2 per cent., j year ending Oct. 31, 1 8 8 9 , ...................................................... 1 2 per cent., 1 21,572 04 Times for the dividends fixed by the by-laws : April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, . 403 Number of accounts closed during the year ending Oct. 31, 1889, . 272 Total number of open accounts Oct. 31, 1889.................................... 3,420 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ),.................................................................................................................... 3,093 80 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... 179,035 50 Number of s a m e , ..........................................................................................2,134 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ 156,156 56 Number of s a m e , .......................................................................................... 1,747 Date of examination by commissioner: June 28. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 143 P U B L IC D O CU M EN T — No. 8. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. 1,508 $30,757 08 299 25,051 94 152 24,109 79 98 34,632 49 42 35 29,484 20 35,000 00 2,134 $179,035 50 ber. T o the credit — O f women, hoth adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . Amount. 999 8 $86,251 28 2,248 00 43 72 2,584 03 14,383 50 Co m m o n w e a l t h of M a ss a c h u s e t t s . E s s e x , s s ., N o v . 1, 1889. Personally appeared A. F. Welch, Treasurer of the Danvers Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, A l d e n P. W h i t e , Justice o f the Peace. E s s e x , s s ., N o v . 1, 1889. Personally appeared Augustus Mudge, President, and Israel H. Putnam, Francis Dodge, Charles H. Gould, J. Frank Porter and Austin S. Richards, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, A l d e n P. W h i t e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 144 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T D E D H A M IN S T IT U T IO N FOR S A V IN G S — D E D H A M . Incorporated 1831. Present number of corporators, 93. A u g u s t u s B . E n d ic o t t , President. A l f r e d H e w i n s , Treasurer. A l f r e d H e w i n s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: A u g u s t u s B. E n d ic o t t , J o h n R. B u l l a r d , H o w ar d Co lbu rn, D on G l e a s o n H i l l , W in s l o w W a r r e n . Open for business every business day, 9 a .m . to 12.30 p . m ., 2 to 4 p . m . B alance Sheet , O ctober 31,1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, $351,000 75.500 500 720,500 00 00 00 00 15,000 1,800 544,005 436,200 00 00 00 00 Deposits, . Guaranty fund, Profit and loss ac count, . $2,080,276 58 98,808 38 85,158 93 55.500 00 62,238 89 2,000 00 $2,264,243 89 $2,264,243 89 Cash on Deposit in Bank: — $61,238 89 Dedham National Bank, Dedham, Loans on Bank Stock, amount on each : — On 2 shares Boylston National Bank, Boston, On 3 shares Dedham National Bank, Dedham, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $200 00 . 300 00 1890.] 145 PU B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Estimated Par Value. $112,000 I City of Boston, Mass., 4s, . 10,000 $ of Boston, Mass., 6s, . 6,000 of Charlestown, Mass , 6s, . 1,000 of Cleveland, Ohio, 6s, 20,000 of Cleveland, Ohio, 5s, 10,000 of Columbus, Ohio, 4s, 20,000 District of Columbia 6s, 30,000 District of Columbia 5s, 10,000 City of Fall River, Mass., 6s, 10,000 of Grand Rapids, Mich , 5 s ,. 8,000 of Grand Rapids, Mich., 8 s ,. 2,000 Town of Lincoln, Mass., 6s, 10,000 City of Malden, Mass., 6s, . 18,000 of Manchester, N. H., 6s, 5,000 Town of Melrose, Mass., 7s, 9,000 City of Portland, Me., 6s,. . 20,000 of Providence, R. I., 4is, 5,000 Town of So. Norwalk, Conn., 6s,. 5,000 City of Woburn, Mass , 6s, . 40,000 of Springfield, Ohio, 4^s, $351,000 *A Amount Invested. Market Value. <R1 ^ $112,000 00 l 10,000 00 6,000 00 1,000 00 20,000 00 10,000 00 20,000 00 30,000 00 10,000 00 10,000 00 8,000 00 2,000 00 10,000 00 18,000 00 5,000 00 9,000 00* 20,000 00 5,000 00 5,000 00 40,000 00 990 00 6,180 1,150 22,000 10,000 20,500 32,400 11,000 11,000 9,280 2,180 10,500 19,440 5,450 11,250 21,000 5,500 5,450 46,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $351,000 00 $375,500 00 legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 145 75 75 150 25 40 60 50 25 25 85 Par Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, N’l B’k of Commerce, Boston, Dedham Nat'l Bank, Dedham, Globe National Bank, Boston, Howard Nat’l Bank, Boston, . People’s Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston, National Union Bank, Boston, Nat’l Webster Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $14,500 7,500 7,500 15,000 2,500 4,000 6,000 5,000 2,500 2,500 8,500 $17,255 8,400 9,525 17,100 2,450 4,320 9,600 6,500 3,050 3,625 8,160 00 00 00 00 00 00 00 00 00 00 00 $75,500 $89,985 00 Amount Invested $14,500 7,500 . 7,500 15,000 2,500 4,000 6,000 5,000 2,500 2,500 8,500 00 00 00 00 00 00 00 00 00 00 00 $75,500 00 146 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan Detailed Statement o f Railroad Bonds. Estimated Market Value. Androscoggin & Kennebec R.R. 6s, Boston & Albany R.R. 7s, Boston, Barre & Gardner R.R. 7s, . Boston, Barre & Gardner R.R. 5s, . Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Boston, Clinton & Fitchburg R.R. 7s, Boston,Revere Beach &Lynn R.R. 6s, Boston & Maine R.R. 7s,. Boston & Lowell R.R. 7s, Boston & Lowell R.R. 6s, Boston & Lowell R.R. 5s, Boston & Lowell R R. 4^s, Boston, Winthrop & Shore R.R. 5s, Concord & Claremont R.R. 7s, Conn. & Passumpsic Rivers R.R. 7s, Eastern R.R. 6s, . . . Fitchburg R R. 5s, . Fitchburg R.R. 4s, . Leeds & Farmington R.R. 6s, . Lowell & Andover R.R 6s, Maine Central R.R. 7s, . Nashua & Lowell R.R. 6s, Nashua & Rochester R.R. 5s, . New Bedford R.R. 7s, Newport & Richford R.R. 5s, . New York, Prov. & Boston RR. 7s, Old Colony R.R. 7s,. Old Colony R R. 6s, . Portland & Ogdensburg R.R. 6s, Salem & Lowell R.R. 7s,. Vermont & Massachusetts R.R. 5s,. Worcester & Nashua R.R. 5s, . Amount Invested. $3,000 25,000 23,000 2,000 $3,075 26,500 25,070 2,060 00 00 00 00 $3,000 25,000 23,000 2,000 35,000 1,000 11,000 56,000 55,500 26,000 5,000 5,000 25,000 1,000 78,500 29,000 15,000 45,000 4,500 9,000 20,000 2,000 5,500 2,000 35,000 30,000 5.000 I 5.000 \ 31,500 10,500 119,000 500 40,250 1,030 12,430 63,025 59,385 29,640 5,500 5,300 28,000 1,075 84,780 36,250 15,750 45,000 5,040 9,720 24,400 2,160 5,720 2,220 37,800 37,200 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 35,000 1,000 11,000 56,000 55,500 26,000 5,000 5,000 25,000 1,000 78,500 29,000 15,000 45,000 4,500 9,000 20,000 2,000 5,500 2,000 35,000 30,000 $ 5,000 1 5,000 31,500 10,500 119,000 500 $720,500 11,200 00 37,170 12,075 124,950 510 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00* 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $794,285 00 $720,500 00 * A legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Bate. $62,238 89 110,500 00 120,000 00 2 per cent. 4 G “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $118,000 00 140,000 00 11,500 00 Eate. Amount. Eate. 4j per cent. 4| “ 5 » $3,000 00 533,205 00 5£ per cent. 6 1890.] 147 P U B L IC DO CU M EN T — No. 8. Amount invested in real estate for banking purposes, . . . . Estimated value of the s a m e , ............................................................... Assessed value of the s a m e ,........................................................................ Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,....................................................................... Net income received from same during year ending Oct. 31, 1889. Posses sion taken October, 1889. . 456 Number of loans which are of an amount not exceeding $3,000 ei $15,000 15.000 10.000 739 1,800 1,500 00 00 00 74 00 00 Aggregate amount of the s a m e , ...................................................... Total number of loans upon real estate, . . . . 444,555 00 . 459 , dur- 117,769 06 cent., f 38,416 14 38,841 52 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., i Times for the dividends fixed by the by-laws: second Saturday in May and November. Number of accounts opened during the year ending Oct. 31, 1889, . 645 Number of accounts closed during the year ending Oct. 31, 1889, . 493 Total number of open accounts Oct. 31, 1889, . . . . 5,601 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes), ........................................................................................................... 5,857 27 Amount of deposits, not including dividends, received during the year end 283,308 85 ing Oct. 31, 1889,................................................................................................... Number of s a m e , ..........................................................................................3,424 Amount of withdrawals, including dividends, during the year ending Oct. 280,439 69 31, 1 8 8 9 , ........................................................................................................... Number of s a m e , ..........................................................................................2,518 Date of examination by commissioner: July 16. ing year ending Oct. 31, 1889, Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Num ber. Amount. 2,288 $52,931 82 578 48,432 44 278 43,318 20 194 68,320 13 53 33 37,306 26 33,000 00 3,424 $283,308 85 not not not To the credit— O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust, . . Amount. 1,563 12 $121,9S1 85 4,906 78 41 421 3,196 53 27,278 65 less C o m m o n w e a l t h of M a s s a c h u s e t t s . N orfolk , s s ., Nov. 2, 1889. Personally appeared Alfred Hewins, Treasurer of the Dedham Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis L e w i s H. K i n g s b u r y , Justice o f the Peace. 148 B A N K COM M ISSIO N ERS’ R E PO R T. [Jan. N o r f o l k , s s ., N o v . 4, 1889. Personally appeared Augustus B. Endicott, President, and Calvin Guild, Howard Colburn, Don Gleason Hill, J. H. Burdakin and A. Ward Lamson, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, L e w i s H. K i n g s b u r y , Justice o f the Peace. 149 PTTRTJf! D O CU M EN T — No. 8. E A ST BOSTON S A V IN G S B A N K — EA ST BOSTON. Incorporated 1848. Present number of corporators, 28. G e o r g e T. S a m p s o n , President. W m . B. P ig e o n , Treasurer. W m . B. P ig e o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Jo h n T h o m p s o n , W m . B . P ig e o n , A . M. M o r t o n , N. M. J e w e t t , E. M. M cP h e r s o n , G e o r g e L. T h o r n d i k e , R ufus C u s h m a n , R o b e r t Cr o s b ie . Open for business every business day, 9 E d w a r d B r ig h a m , . to 2 p . m . ; a .m B ala n ce Sh e e t , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate (for banking pur poses), ................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposit in bank, on interest, Expense account, Cash on hand, . . . . also Saturday, 7 to 9 p . m . $59,000 00 257.000 00 116,500 00 14,601 6,487 1,062,224 510.000 30,620 2,227 2,038 49 24 00 00 47 62 33 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $1,928,403 38 73,420 88 20,228 45 38,646 44 $2,060,699 15 $2,060,699 15 Cash on Deposit in Bank : — First Ward National Bank, East B o s t o n ,......................................................$30,620 47 Detailed Statement o f Public Funds. Par Value. City of of of of of of Cleveland, Ohio, 5s, . Cleveland, Ohio, 6s, . Detroit, Mich , 6s, Fort Wayne, Ind., 6s, . Grand Rapids, Mich., 5s, Springfield, Ohio, 4^s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $16,000 9.000 8.000 3.000 6.000 • 17,000 $59,000 Estimated Market Value. $18,600 11,22(5 10,700 3,573 6,900 19,607 Amount Invested. 00 00 00 00 00 00 $16,000 00 9.000 00 8.000 00 3.000 -00 6.000 00 17,000 00 $70,600 00 $59,000 00 150 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 47 50 200 50 50 100 170 100 115 125 250 200 75 78 2 85 25 50 49 12 50 150 100 100 34 105 100 75 50 5 Par Value. Atlantic Nat’l Bank,.Boston, .. Atlas National Bank, Boston, . Boston Nat’l Bank, Boston, Blackstone N’l Bank, Boston, . Boylston Nat’l Bank, Boston, . Continental N’l Bank, Boston, N’l B’k of Commerce, Boston, National Eagle Bank, Boston, Eliot National Bank, Boston, . First Ward Nat’l Bank, Boston, Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Mechanics’ N’l Bank, Boston,. Merchants’ N’l Bank, Boston,. Merchandise N’l Bank, Boston, Market Nat’l Bank, Boston, Mt. Yernon Nat’l Bank, Boston, Massachusetts N’l B’k, Boston, Manufacturers’ N ’1B’k, Boston, N’l B’k of No. America, Boston, Nat’l Revere Bank, Boston, N’l B’k of the Republic, Boston, N’l B’k of Redemption, Boston, Suffolk Nat’l Bank, Boston, . State National Bank, Boston, . Shoe & Leather N’l B’k, Boston, Tremont Nat’l Bank, Boston, . Nat’l Webster Bank, Boston, . $4,700 5,000 20,000 5,000 5,000 10,000 17,000 10,000 11,500 12,500 25,000 20,000 7,500 7,800 200 3,500 2,500 5,000 4,900 3,000 5,000 15,000 10,000 10,000 3,400 10,500 10,000 7,500 5,000 500 $257,000 Estimated Market Value. $6,697 5,913 24,400 5,637 6,900 12,250 21,760 10,300 15,122 •16,563 25,937 19,700 9,000 8,580 260 4,979 1,716 5,000 6,836 3,292 5,256 18,338 12,400 16,700 4,573 12,101 12,100 7,069 5,800 500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $4,700 5,000 20,000 5,000 5,000 10,000 17,000 10,000 11,500 12,500 25,000 20,000 7,500 7,800 200 3,500 2,500 5,000 4,900 3,000 5,000 15,000 10,000 10,000 3,400 10,500 10,000 7,500 5,000 500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $305,679 00 $257,000 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 6s, Boston & Albany R.R. 7s, Boston & Maine R.R. 7s, . Boston, Clinton & Fitchburg R.R. 5s, Dexter & Piscataquis R.R. 4s,. Fitchburg R.R. 7s, . Maine Central R.R. 7s, . Maine Central R.R. 6s, . Old Colony R.R. 7s,. Old Colony R.R. 6s,. Portland & Ogdensburg R.R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - $5,000 11,000 21,500 1,000 10,000 3,000 20,000 6,000 5,000 21,000 13,000 $116,500 Estimated Market Value. $5,600 11,935 23,935 1,170 10,250 3,330 24,600 7,200 5,650 24,150 15,470 00 00 00 00 00 00 00 00 00 00 00 $133,290 00 Amount Invested. $5,000 11,000 21,500 1,000 10,000 3,000 20,000 6,000 5,000 21,000 13,000 00 00 00 00 00 00 00 00 00 00 00 $116,500 00 1890.] 151 PU B L IC DO CU M EN T — No. 8 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $30,620 55.000 82.000 165,000 47 00 00 00 Amount. 2| per cent. 4 4^ « 4i “ $25,000 149,000 562,450 3,000 Rate. 00 00 00 00 4§ per cent. 4| “ 5 5i Amount. $233,100 293,674 200 3,800 Rate. 00 00 00 00 5J per cent. 6 « 6è “ 7 Amount invested jn real estate for banking purposes,.................................... Estimated value of the sam e,................................................................................ Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e , ............................................................................... Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 457 Aggregate amount of s a m e , ............................................................................... Total number of loans upon real estate........................................................515 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... Rate and amount of each semi-annual dividend during the ¿2 per cent., $ year ending Oct. 31, 1 8 8 9 , .....................................................>2 per cent., f Times for the dividends fixed by the by-laws: third Wednesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, 1,777 Number of accounts closed during the year ending Oct. 31, 1889, 1,118 Total number of open accounts Oct. 31, 1889, . . . . 7,518 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year ending Oct. 3 1 , 1 8 8 9 , ......................................................................................... Number of s a m e , ............................................................................... 13,144 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... Number of s a m e , ................................................................................7,898 Date of examination by commissioner: February 28. $14,601 22,500 23,000 1.487 6.487 7,200 628 49 00 00 77 24 00 49 629,674 00 101,862 52 32,526 94 33,615 87 6,523 02 647,724 00 545,215 95 Classification o f Deposits received during the Year ending Oct. 3 1 , 1889. Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 10,721 $179,873 00 1,313 107,460 00 563 87,652 00 371 130,361 00 120 56 85,413 00 56,965 00 13,144 $647,724 00 not not not less ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . Amount. 4,812 19 $244,517 00 6,018 00 99 944 12,725 00 49,751 00 152 B A N K CO M M ISSIO N ERS’ R E PO R T. Com m on w ealth of M [Jan. assach u setts. S u f f o l k , s s ., N o v . 9, 1889. Personally appeared Win. B. Pigeon, Treasurer of the East Boston Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, A ndrew P. F is h e r Suffolk, , Notary Public. s s ., N ov. 9, 1889. Personally appeared Geo. T. Sampson, President, and John Thompson, Wesley A. Gove, Andrew M. Morton, Rufus Cushman and Geo. L. Thorndike, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, A n drew P. F is h e r , Notary Public. E A ST B R ID G E W A T E R SA V IN G S B R ID G E W A T E R . Incorporated 1870. K. E. 153 P U B L IC D O CU M EN T — No. 8 1890.] Sheldon, B A N K — EA ST Present number of corporators, 42. J. N. President. I. N. N , utter N utter , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds: K. E. Sheldon, Sa m ’l K A aron e it h H fo r G o b ’t eo F. obart, R Open John H , C. K . obart, M. K e it h , S. S tr o n g , e it h . business every business day, except Wednesday, 9 a .m . to 12 m ., 2 to 4 p .m . B a l a n c e Sh e e t , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Real estate (for banking purp o s e s ) , .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Loans on depositors’ books, Deposit in bank, on interest, Expense account, Bank building account, I n t e r e s t ,.................................... Cash on hand................................ $1,900 70,508 200 38,000 00 55 00 00 Deposits, . Guaranty fund, Interest account, Suspense account, . $566,713 15,281 11,833 100 22 93 67 00 12,000 00 280,985 00 164,875 00 3,000 150 8,070 594 248 2 13,394 00 00 23 48 56 14 86 $593,928 82 $593,928 82 Cash on Deposit in Bank: — Tremont National Bank, B o sto n ,....................................................................... $8,070 23 Loan on Bank Stock: — On 5 shares Brockton National Bank, Brockton, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . . . $200 00 154 B A N K COM M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Public Funds. Par Value. $2,000 Town of Woburn, 6s, Estimated Market Value. $2,120 00 Amount Invested. $1,900 00 No. of Shares. Detailed Statement o f Bank Stocks. 25 10 17 50 25 35 10 23 20 40 20 20 50 20 22 60 25 50 40 50 40 20 Par Value. National City Bank, Boston, N’l B’k of the Commonwealth, Boston, . . . . National Eagle Bank, Boston, Fourth National Bank, Boston, Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k,Boston, Market Nat’l Bank, Boston,. Manufacturers’N’l B’k, Boston, Merchandise N’l Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, Shawmut Nat’l Bank, Boston, State National Bank, Boston, Third National Bank, Boston, Traders’ Nat’l Bank, Boston, Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston, Brockton N’l Bank, Brockton, Home Nat’l Bank,Brockton, . First N’l Bank, West Newton, $2,500 Estimated Market Value. $2,375 00 1,700 1,751 5,875 2,587 3,430 1,220 2,760 1,960 4,180 1,390 2,440 6,725 2,540 2,662 6,270 2,375 5,665 4,000 5,750 5,200 2,000 1,000 1,700 5,000 2,500 3,500 1,000 2,300 2,000 4,000 2,000 2,000 5,000 2,000 2,200 6,000 2,500 5,000 4,000 5,000 4,000 2,000 $67,200 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $74,855 50 Amount Invested. $2,500 00 1,225 1,700 5,000 2,500 3,3UU 1,250 2,300 2,000 4,000 2,000 2,000 6,500 2,000 2,471 6,002 2,500 5,480 4,000 5,000 4,580 2,000 00 00 00 00 00 00 00 00 00 00 00 00 00 25 30 00 00 00 00 00 00 $70,508 55 Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 6s, . . . Eastern R.R. 6s, Boston,Revere Beach & Lynn R.R. 6s, Newport & Richford R.R. 5s, . Vermont & Massachusetts R.R. 5s, Nashua & Rochester R.R. 5s, . Fitchburg R.R. 5s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $6,795 6,300 4,540 5,250 5,500 3,150 10,650 $6,000 5.000 4.000 5.000 5.000 3.000 10,000 $38,000 *A Estimated Amount Invested. Market Value. 00 00 00 00 00 00 00 $42,185 00 legal investment when made. $6,000 5.000 4.000 5.000 5.000 3.000 10,000 00 00* 00 00 00 00 00 $38,000 00 155 P U B L IC D O CU M ENT — No. 8. 1890.] Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $8,070 23 6,300 00 Rate. Rate. Amount. Rate. Amount. 2£ per cent. 4 $116,700 00 57,000 00 5 per cent. 5h “ $269,210 00 Amount. 6 per cent. $ 12,000 00 Amount invested in real estate for banking purposes,.................................... 12,000 00 Estimated value of the same,................................................................................ 8,400 00 Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each,. 274 250,760 00 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 261 Gross amount of interest or profits received or earned, as per books, during 29,964 79 year ending Oct. 31, 1 8 8 9 ,............................................................... ' . 11,527 68 Rate and amount of each semi-annual dividend during the ) 2J per cent., f 11,909 66 year ending Oct. 31, 1 8 8 9 ,......................................................J 2^ per cent., 1 Times for the dividends fixed by the by-laws : first Monday in January and Jul}r. Number of accounts opened during the year ending Oct. 31, 1889, . 237 Number of accounts closed during the year ending Oct. 31, 1889, . 168 Total number of open accounts Oct. 31, 1889, . . . . 1,722 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 1,619 00 of t a x e s ) , ........................................................................................................... Amount of deposits, not including dividends, received during the year end 102,760 21 ing Oct. 31, 1889..................................................................................................... Number of same...................................................................................... 1,260 Amount of withdrawals, including dividends, during the year ending Oct. 94,453 04 31, 1 8 8 9 , ........................................................................................................... Number of s a m e , .................................................................................1,082 Date of examination by commissioner: August 30. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Number. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Number. Amount. 860 $16,636 87 186 15,305 73 105 16,889 99 73 24,970 75 23 13 15,956 87 13,000 00 1,260 $102,760 21 not not not less To the credit — O f women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ Amount. 486 7 $37,682 04 667 00 22 83 1,536 66 11,785 51 156 B A N K CO M M ISSIO N ERS’ R E PO R T. Com m on w ealth of M [Jan. assach u setts. P lym ou th , s s ., N ov. 16, 1889. Personally appeared Isaac N. Nutter, Treasurer of the East Bridgewater Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of ail the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, R obert O. H P a r r is , Justice o f the Peace. lym ou th , s s ., N ov. 16, 1889. Personally appeared K. E. Sheldon, President, and Sam’l Keith, Rob’t C. Keith, Geo. M. Keith, John Hobart and K. E. Sheldon, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, R o b e r t 0 . H a r r i s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. 157 E A ST CA M BR ID G E F IV E CENTS S A V IN G S B A N K — CA M BR ID G E . Incorporated April 29, 1854. G eokge Steven s, Present number of corporators, 34. V m. E. President. W m . E. L loyd , L loyd , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds : G eorge A ndrew Stevens, J. K G Joseph reen , Jam now lton S. C h es affee H. T M. P yler r ic e , , . Open for business every business day, 9 a .m . to 1 p . m . B ala n c e Sh e e t , O ctober 31, 1889. A ssets. Bank stock as per schedule, Railroad bonds as per schedule, Real estate (for banking pur poses), ................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Sixty shares East Cambridge Land Co., . . . . Cash on hand, . . . . L ia b il it ie s . $135,716 67 39,000 00 3.000 15,300 961,252 385,298 00 00 46 46 8.000 10,448 3,000 146 00 43 00 85 1 00 642 41 $1,561,806 28 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $1,471,760 77 65,868 11 1,317 50 22,859 90 • $1,561,806 28 Cash on Deposit in Banks, amount in each : — Cambridge National Bank, C a m b r i d g e , ...................................................... $10,000 00 Lechmere National Bank, Cambridge,............................................................... 3,448 43 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 158 B A N K C O M M IS S IO N E D ’ R E P O R T . [Jan No. of Shares. Detailed Statement o f Bank Stocks. 7 54 63 41 30 12 20 50 21 60 2 50 40 67 40 5 10 58 16 115 38 5 67 20 19 183 76 24 51 26 33 25 15 30 13 11 Par Value. Atlas National Bank, Boston,. Blackstone N’l Bank, Boston,. Boston Nat’l Bank, Boston, . Bunker Hill N’l Bank, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston,. Faneuil Hall N ’l B’k, Boston, First Ward N’l Bank, Boston, Globe National Bank, Boston, Howard Nat’l Bank, Boston, . Massachusetts N’l B’k,Boston, Merchants’ N’l Bank, Boston, Metropolitan N’l B’k, Boston, N ’l B’k of Commerce, Boston, N ’l B’k of the Commonwealth, Boston, . . . . N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, N’l Exchange Bank, Boston, . N ’l Hide & Leather B’k, Boston, Nat’l Revere Bank, Boston, . Nat’l Union Bank, Boston, Nat’l Webster Bank, Boston,. New England N’l B’k, Boston, North Nat’l Bank, Boston, Third Nat’l Bank, Boston, Tremont Nat’l Bank, Boston,. Charles River National Bank, Cambridge, . . . . Lechmere N’l B’k, Cambridge, City Nat’l Bank, Cambridge,. Concord Nat’l Bank, Concord, First National Bank, Malden, First N ’l Bank, Marlborough, Merchants’ N’l B’k, Newburyp o r t , .................................. Newton Nat’l Bank, Newton, Fall River N’l B’k, Fall River, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $700 5,400 6,300 4,100 3,000 1,200 2,000 5,000 2,100 6,000 500 5,000 4,000 6,700 $854 6,102 7,812 8,077 3,750 1,584 2,880 6,650 2,100 6,600 550 7,250 4,120 8,777 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $700 5,400 6,300 4,100 3,000 1,200 2,000 4,000 2,100 6,000 500 5,000 4,000 6,700 00 00 00 00 00 00 00 00 00 00 00 00 00 00 4,000 500 1,000 5,800 1,600 11,500 3,800 500 6,700 2,000 1,900 18,300 7,600 6,800 590 1,380 9,802 2,080 14,375 5,138 730 6,767 3,300 2,698 19,215 8,745 00 00 00 00 00 00 00 00 00 00 00 00 00 4,000 500 1,000 5,800 1,600 11,500 3,800 500 6,700 2,000 1,900 18,300 7,600 00 00 00 00 00 00 00 00 00 00 00 00 00 2,400 5,100 2,600 3,300 2,500 1,500 3,480 8,670 4,160 4,620 3,375 1,650 00 00 00 00 00 00 2,400 5,066 2,600 3,300 2,500 650 00 67 00 00 00 00 600 1,300 1,100 750 00 1,300 00 1,210 00 600 00 1,300 00 1,100 00 $137,600 $177,941 00 $135,716 67 159 P U B L IC DO CU M EN T — No. 8. 1890.] Detailed Statement of Railroad Bonds. Par Value. Eastern R.R. 6s, . . . Boston & Albany R.R. 7s, Fitchburg R.R. 4is, . . . *A . Estimated Market Value. $8,500 15.000 20.000 $10,880 00 16,500 00 20,200 00 $43,500 $47,580 00 Amount Invested. $4,000 00* 15.000 00 20.000 00 $39,000 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $948 1,448 9.000 8.000 46 43 00 00 0 per cent. H “ H “ 2 $135,000 140,000 30,000 302,625 Rate. Amount. Rate. Amount. i 00 00 00 00 $118,550 00 618,752 46 675 00 4 per cent. 4è “ 4| 5 5J per cent. 6 7 Amount invested in real estate for banking purposes, . Estimated value of the same................................................................. Assessed value of the s a m e ,.............................................................. Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the same, ............................................................... Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 438 Aggregate amount of the same, Total number of loans upon real estate....................................................... 475 Amount of investments from which no income is received, Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889, . îe ) 2 per cent., f Rate and amount of each semi-annual dividend during the . ) 2£ per cent., ( year ending Oct. 31, 1889, . $3,000 00 7,000 00 7,000 00 234 15,300 20,700 625 18 00 00 00 541,527 46 948 46 78,9*20 35 25,857 10 33,185 05 Times for the dividends fixed by the by-laws: April 15 and October 15. Number of accounts opened during the year ending Oct. 31, 1889, 1,497 Number of accounts closed during the year ending Oct. 31, 1889, 1,086 Total number of open accounts Oct. 31, 1889, . . . . 6,238 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)........................................................ Amount of deposits, not including dividends received during the year ending Oct. 31, 1889,.................................... 11,169 Number of s a m e , .................................... Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889, . . . . . . Number of s a m e , ............................................................... Date of examination by commissioner: January 10. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3,647 55 401,730 03 371,517 81 • • 5,927 160 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . * O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 9,772 $145,647 25 821 73,413 99 291 45,968 49 not not Num ber. To the credit — O f women, both adult and minor, O f guardians, In trust, 4,817 3 1,148 Amount. $145,000 21 1,532 06 34,229 30 not 195 60,159 61 58 32 44,283 33 32,257 36 11,169 $401,730 03 less C o m m o n w e a l t h of M a ss a c h u s e t t s . M i d d l e s e x , s s ., N ov. 18, 1889. Personally appeared W m. E. Lloyd, Treasurer of the East Cambridge Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement Of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, W m . H. T h o m p s o n , Justice o f the Peace. M i d d l e s e x , s s ., N o v . 18, 1889. Personally appeared George Stevens, President, and Jos. H. Tyler, Andrew J. Green, Frank H. Marshall, John C. Bullard and James M. Price, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W m . H . T h o m p s o n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 161 P U B L IC D O CU M EN T — No. 8. 1890.] E A STH A M P T O N S A V IN G S B A N K — EA STH A M P T O N . Incorporated 1869. Present number of corporators, 28. S a m u e l T. S e e l y e , Treasurer. J o h n M a y h e e , President. 0 . G . W e b s t e e , Clerk o f the Corporation. . Names of committee charged with the investment of its funds : F. C. G r e e n e , Joh n M a y h e e , G e o . L. M a n c h e s t e e . Open for business every business day, 9 a .m . to 3 p . m . B alance Sheet , October 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, $6,000 144,054 2,777 36.000 255,795 46,715 00 75 52 00 00 04 15.000 10.000 6,588 796 00 00 97 84 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $494,902 49 25,000 00 3,140 52 685 11 $523,728 12 $523,728 12 Cash on Deposit in Banks, amount in each : — First National Bank, A d a m s , ........................................................................ $10,000 00 First National Bank, E a s th a m p to n ,............................................................... 6,588 97 Loans on Bank Stock, amount on each : — On 15 shares First National Bank, Easthampton.............................................. $1,377 52 On 14 shares Hampshire County National Bank, Northampton,. . . 1,400 00 Detailed Statement o f Public Funds. Par Value. City of Grand Rapids, Mich., 8s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . $ 6 ,0 0 0 Estimated Market Value. $6,960 00 Amount Invested. $ 6 ,0 0 0 0 0 162 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. No. of Shares. Detailed Statement of Bank Stocks. 100 22 100 7 20 50 25 125 100 44 102 100 10 22 37 83 100 29 30 50 50 Par Value. First National Bank, Adams,. Blackstone N’l Bank, Boston, N’l B’k of the Commonwealth, Boston, . . . . N’l B’k of Commerce, Boston, North National Bank, Boston, Second Nat’l Bank, Boston, . State National Bank, Boston, First N’l Bank, Easthampton, Holyoke N’l Bank, Holyoke, . First National Bank, Lynn, . First N’l Bank, Northampton, Northampton N’l B’k, North ampton, . . . . Hampshire County N’l Bank, Northampton, Pittsfield N’l Bank, Pittsfield, Chicopee N’l B’k, Springfield, First N’l Bank, Springfield, . Agawam N ’l B’k, Springfield, John Hancock N’l B’k, Springfield, .................................. Housatonic Nat’l Bank, Stockbridge, . . . . First Nat’l Bank, Westfield, . First N’l Bank, West Newton, $10,000 2,200 Estimated Market Value. $14,100 00 2,500 00 00 00 00 00 00 00 00 00 00 Amount Invested. $14,100 00 2,200 00 10,000 700 2,000 6,657 3,181 13,175 10,000 4,400 10,200 00 00 00 50 25 00 00 00 00 10,000 700 2,000 5,000 2,500 12,500 10,000 4,400 10,200 16,700 840 2,600 7,500 3,181 17,500 16,000 5,720 13,000 10,000 17,500 00 11,314 00 1,000 2,200 3,700 8,300 10,000 1,250 3,608 6,475 12,075 12,000 1,000 3,608 5,725 12,452 11,837 00 00 00 00 00 00 00 00 00 00 2,900 3,625 00 3,625 00 3,000 5,000 5,000 5,100 00 7,000 00 5,100 00 5,880 00 7,000 00 5,000 00 $120,600 $173,374 00 $144,054 75 Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 7 s,. Old Colony R.R. 4 s,. Boston & Maine R.R. 7 s,. Boston & Lowell R.R. 7s, Boston & Albany R.R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $15,000 3.000 13,000 1.000 1,000 $17,250 3,050 14,070 1,150 1,120 00 00 00 00 00 $33,000 $36,640 00 Amount Invested. $17,000 3.000 14,000 1.000 1,000 00 00 00 00 00 $36,000 00 1890.] P U B L IC DO CU M EN T — No. 8. 163 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Amount. Kate. $10,000 00 15,000 00 154,880 00 4 per cent. 4è “ 5 “ Kate. Amount. Kate. 5-1 per cent. Si “ 5| $82,737 56 2,120 00 6 per cent. 1 $4,000 00 59,750 00 1,800 00 6à “ Number of loans which are of an amount not exceeding $3,000 each, 212 Aggregate amount of the s a m e , ....................................................................... $184,987 56 Total number of loans upon real estate,..................................................... 205 Gross amount of interest or profits received or earned, as per books, during 26,942 05 year ending Oct. 31, 1889.................................................. ........ Rate and amount of each semi-annual dividend during the i 2| per cent., r 9,961 94 year ending Oct. 31, 1 8 8 9 ,..................................................... } 2| per cent., j 10,355 10 Times for the dividends fixed by the by-laws: January 23 and July 23. Number of accounts opened during the year ending Oct 31, 1889, . 311 Number of accounts closed during the year ending Oct. 31, 1889, . 237 Total number of open accounts Oct. 31, 1889.................................... 1,708 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ........................................................................................................... 2,465 91 Amount of deposits, not including dividends, received during the year 105,016 36 ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s a m e , .........................................................................................1,579 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... 92,634 24 N umber of s a m e , ....................................................................................797 Date of examination by commissioner: March 11. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 1,211 $24,365 24 185 15,453 00 83 12,959 01 70 25,617 00 15 15 11,322 11 15,300 00 1,579 $105,016 36 ber. To the credit — O f women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ Amount. 706 10 $39,563 15 4,641 00 64 25 7,698 78 ‘ 5,191 32 164 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. C o m m o n w e a l t h of M a s s a c h u s e t t s . H a m p s h i e e , s s ., N o v . 1, 1889. Personally appeared Samuel T. Seelye, Treasurer of the Easthampton Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in ref erence to the matters to which they relate, according to his best knowledge and belief. Before me, C h a s . H. J o h n s o n , Notary Public. H a m p s h i r e , s s ., N ov. 1, 1889. Personally appeared John Mayher, President, and Joseph W . Wilson, F. C. Greene, A . J. Lyman, J. W . Greene, Jr., and O. G. Webster, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C h a s . H . J o h n s o n , Notary Public. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. 165 E A ST W E Y M O U T H S A V IN G S B A N K — E A ST W E Y M O U T H . Incorporated 1872. Present number of corporators, 36. Z e c h a r i a h L. B i c k n e l l , President. J o h n A. R a y m o n d , Treasurer. J o h n A. R a y m o n d , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Z e c h a r i a h L. B i c k n e l l , H e n r y F. B i c k n e l l , C h a s . H. P r a t t , E d m u n d G. B a t e s , N a t h ’l D . Ca n t e r b u r y , J o h n P. B u r r e l l , Jos. A. C u s h i n g . Open for business every business day, except Saturday, 2 to 5 p .m . ; Saturday, 2 to 6 p . m . B alance Sheet , October 31,1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . . . Loans on personal security, Deposit in bank, on interest, Cash on hand, . . . . $77,000 8,300 54,000 269,873 2,850 5,623 1,227 00 00 00 78 00 39 54 Deposits, . Guaranty fund, Profit and loss ac count, Suspense account, . $418,874 71 $399,800 18 15,451 00 2,143 53 1,480 00 $418,874 71 Cash on Deposit in Bank: — - Manufacturers’ National Bank, Boston...............................................................$5,623 39 Detailed Statement of Public Funds. Par Value. City of of of of of of of Boston, Mass., 4s, Brockton, Mass.,.4s, . Charlestown, Mass., 6s, Cleveland, Ohio, 5s, . Dayton, Ohio, 4s, Detroit, Mich., 7s, Detroit, Mich., 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 10,000 7,000 3,000 3,000 2,000 1,000 Estimated Market Value. $10,600 10,700 7,150 3,495 3,090 2,720 1,290 00 00 00 00 00 00 00 Amount Invested. $10,000 10,000 7,000 3,000 3,000 2,000 1,000 00 00 00 00 00 00 00 166 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds — Concluded. | District of Columbia 7s, . City of Fall River, Mass., 6s, . of Grand Rapids, Mich., 8s, of Lynn, Mass., 5s, . of Newton, Mass., 6s, of Portland, Me., 6s, of Providence, R. I., 5s, . Town of South Abington, Mass., 4s, City of Springfield, Mass., 6s,. of Springfield, Mass., 7 s,. Town of Turner’s Falls, Mass., 4s, . of Weymouth, Mass., 4s, Par Value. $4,000 2,000 4,000 1,000 2,000 3,000 2,000 5,000 1,000 1,000 5,000 11,000 $77,000 Estimated Market Value. $5,280 2,580 4,795 1,185 2,600 3,735 2,400 5,350 1,300 1,380 5,500 11,770 00 00 00 00 00 00 00 00 00 00 00 00 $86,920 00 Amount Invested. $4,000 2,000 4,000 1,000 2,000 3,000 2,000 5,000 1,000 1,000 5,000 11,000 00 00 00 00 00 00* 00. 00 00 00 00 00 $77,000 00 * A legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 10 78 Par Value. Central Nat’l Bank, Boston, . Union N’l Bank, W eymouth,. Estimated Market Value. Amount Invested. $1,000 7,800 $1,352 00 8,716 00 $500 00 7,800 00 $8,800 $10,068 00 $8,300 00 Detailed Statement of Bailroad Bonds. Par Value. Boston, Clinton & Fitchburg R R. 5s, Boston & Lowell R.R. 5s, Boston & Lowell R.R. 6s, Boston & Maine R.R. 7 s ,. Fitchburg R.R. 4s, . Lowell & Lawrence R.R. 6s, . Maine Central R.R. 7s, . N. Y., Boston & Providence R.R. 7s, Old Colony R.R. 6 s,. Old Colony R.R. 4^s, Portland & Ogdensburg R.R. 6s, Vermont & Massachusetts R.R. 5s,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $14,000 3,000 3,000 3,000 5,000 1,000 7,000 1,000 7,000 5,000 3,000 2,000 $16,450 3,300 3,405 3,360 4,800 1,145 8,645 1,260 . 8,085 5,450 3,540 2,220 $54,000 $61,660 00 Amount Invested. 00 $14,000 00 3,000 00 3,000 00 . 3,000 00 5,000 00 1,000 00 . •7,000 00 1,000 00 7,000 00 5,000 00 3,000 00 2,000 00 00 00 00 00 00 00 00 00 00 00 00 $54,000 00 1890.] 167 PU B LIC DO CU M EN T — No. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. $5,623 39 8,000 00 5,100 00 2£ per cent. 5 “ 5è “ $224,988 96 15,965 00 Rate. Amount. Rate. 6 per cent. 6h “ $16,844 82 1,825 00 7 per cent. 8 Number of loans which are of an amount not exceeding $3,000 each,. 237 Aggregate amount of the s a m e , ........................................................................ $213,973 Total number of loans upon real estate.......................................................242 Gross amount of interest or profits received or earned, as per books, during 23,300 year ending Oct. 3 1 ,1 8 8 9 ,................................................................................. 7,091 Rate and amount of each semi-annual dividend during the 12 per cent., c 8,314 year ending Oct. 31, 1 8 8 9 ,...................................................... ^2^ per cent., ( Times for the dividends fixed by the by-laws: second Tuesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 280 Number of accounts closed during the year ending Oct. 31, 1889, . 163 Total number of open accounts Oct. 31, 1889, . . . . 1,429 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta xe s),..................................................................................................................... 1,389 Amount of deposits, not including dividends, received during the year end 92,141 ing Oct. 31, 1889,................................................................................................... Number of s a m e , .......................................................................................... 1,519 Amount of withdrawals, including dividends, during the year ending Oct. 74,314 31, 1 8 8 9 , ............................................................................................................ Number of s a m e , ......................................................................................833 Date of examination by commissioner: July 9. 78 00 87 99 97 98 60 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not P more thaD $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, .. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Mum- Sum - ber. ber. 1,173 $21,505 52 189 16,007 21 71 10,901 '41 55 19,337 01 25 6 18,390 83 6,000 00 1,519 $92,141 98 To the credit — O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust................................ Amount. 553 2 $31,600 87 2,000 00 49 66 5,101 42 8,322 99 168 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan. C o m m o n w e a l t h of M a s s a c h u s e t t s . N o r f o l k , s s ., N o v . 19, 1889. Personally appeared John A . Raymond, Treasurer of the East Weymouth Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, Z. L. B i c k n e l l , Justice o f the Peace. N o r f o l k , ss., Nov. 19, 1889. Personally appeared Z. L. Bicknell, President, and N. D. Canterbury, E. G. Bates, H. F. Bicknell, C. H. Pratt and John P. Burrell, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, J o h n A. R a y m o n d , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 169 P U B L IC DO CU M EN T — No. E L IO T F IV E CENTS S A V IN G S B A N K — BOSTON. Incorporated Feb. 4, 1864. Present number of corporators, 59. F r a n k E. G r a n g e r , Treasurer. J o h n C a r e , President. J o h n F . N e w t o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds: Jo h n C a r r , W m . S. L e l a n d , I vory H arm on, G orham S a m ’ l B. H o p k i n s , G r e e n l e a f C. G e o r g e . R og ers, Open for business every business day, 9 a .m . to 4 p .m . B alance Sheet , October 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Railroad notes, . . . . Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Loans on depositors’ books, Deposit in bank, on interest, Expense account, Suspense account, Short and surplus account, Cash on hand, . . . . $278,100 23,500 57,200 2,100 253,500 10,000 946,669 800,800 00 00 00 00 00 00 05 00 20,000 1,000 60,684 491 3,757 171 5,725 00 00 88 86 08 29 35 $2,463,699 51 Deposits, . Guaranty fund, Interest account, Profit and loss count, . Tax account, . $2,399,758 21 54,603 36 1,083 50 4,754 44 3,500 00 $2,463,699 51 Cash on Deposit in Bank : — People’s National Bank, Boston, $60,684 88 Loans on Public Funds, amount on each : — On $3,800 United States b o n d s , ........................................................................$3,500 00 On $10,000 City of Worcester n o t e , ................................................................. On $10,000 City of Boston note, ........................................................................j Loans on Bank Stock, amount on each : — On 10 shares People’s National Bank, Boston, On 10 shares National Exchange Bank, Boston, . On 1 share People’s National Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 1,000 00 1,000 00 100 00 170 B A N K CO M M ISSIO N ERS’ R E P O R T [Jan Detailed Statement o f Public Funds. Par Value. City of Bangor, Me., 6s, . of Boston, Mass., 4s, of Boston, Mass., 5s, of Boston, Mass., 6s, Town of Brookline, Mass., 7s, City of Chelsea, Mass., 6s, of Dover, N. H ., 6s, . of Fall River, Mass., 6s, . of Lawrence, Mass., 6s, . of Lynn, Mass., 5s, . of Manchester, N. II., 6 s,. Town of Marlborough, Mass., 4s, . City of Portsmouth, N. IL, 6s, of Providence, R. I., 5s, . of Providence, R. I., 4is, . of Springfield, Mass., 6 s,. of Taunton, Mass., 6s, of Taunton, Mass., 5s, of Woburn, Mass., 6s., District of Columbia 5s, . State of New Hampshire 6s, . Estimated Market Value. $4,000 42,600 25,000 35,000 4,000 15,000 5,900 10,000 15,000 10,000 10,000 9,000 10,000 20,000 5,000 20,000 10,000 10,000 8,000 7,000 2,600 $278,100 * Legal investments $4,880 44-,943 30,125 39,550 5,000 16,700 6,283 13,100 16,575 11,900 11,150 9,630 10,550 22,520 5,450 26,300 11,500 10,750 8,800 7,840 3,510 00 00 00 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $4,000 42,600 25,000 35,000 4,000 15,000 5,900 10,000 15,000 10,000 10,000 9,000 10,000 20,000 5,000 20,000 10,000 10,000 8,000 7,000 2,600 00* 00 00 00 00 00 00 00 00 00 00 00 00* 00 00 00 00 00 00 00 00 $317,056 50 $278,100 00 when made. No. of Shares. Detailed Statement o f Bank Stocks. 10 70 20 50 10 10 13 30 30 61 171 43 14 10 20 10 Par Value. Atlantic Nat’l Bank, Boston, . Atlas Nat’l Bank, Boston, Columbian N’l Bank, Boston, Continental N’l Bank, Boston, Nat’l Eagle Bank, Boston, Eliot National Bank, Boston, Howard Nat’l Bank, Boston, . Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Mt. Vernon N’l Bank, Boston, People’s Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston, N’l B’k of N o. America, Boston, N’lB ’k o f Redemption, Boston, Naumkeag N’l Bank, Salem, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,000 7,000 2,000 5,000 1,000 1,000 1,300 3,000 3,000 6,100 17,100 4,300 1,400 1,000 2,000 1,000 $57,200 Estimated Market Value. $1,400 8,260 2,400 6,100 1,050 1,300 1,430 3,000 4,350 8,235 27,360 5,375 1,680 1,220 2,700 1,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $77,360 00 Amount Invested. $1,000 7,000 2,000 5,000 1,000 1,000 1,300 3,000 3,000 6,100 17,100 4,300 1,400 1,000 2,000 1,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $57,200 00 171 PU B L IC D O CU M EN T — No. 8. 1890.] Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Boston & Lowell R.R. 7s, Boston & Lowell R.R. 6s, Boston & Maine R.R. 7 s,. Boston & Providence R.R. 7s, . Conn. & Passumpsic Rivers R.R. 7s, Fitchburg R.R. 5s, . Fitchburg R.R. 4^s, . Newport & Richford R.R. 5s, . N. Y. & N. E. R.R. (terminal) 4s, . Old Colony R.R. 6s, . . . Old Colony R.R. 4s, . . . Portland & Ogdensburg R.R. 6s, Salem & Lowell R.R. 6s,. Vermont & Massachusetts R.R. 5s,. Worcester, Nashua & Roch. R.R. 4s, $10,000 11,000 9,000 3,000 23,000 1,000 20,000 5,000 25,000 22,000 25,000 6,000 10,000 16,500 20,000 37,000 10,000 $253,500 Estimated Market Value. Amount Invested. $10,000 00 $10,750 00 12,925 9,630 3,540 25,070 1,150 21,900 5,250 25,000 23,100 27,500 6,660 10,800 19,470 23,200 41,070 10,300 11,000 9,000 3,000 23,000 1,000 20,000 5,000 25,000 22,000 25,000 6,000 10,000 16,500 20,000 37,000 10,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $277,315 00 $253,500 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $60,684 444,400 25,000 213,750 Kate. 88 00 00 00 2 per cent. 4 4* H “ * Rate. Amount. $631,000 130,900 315,100 10,500 00 00 00 00 4J per cent. 4| “ 5 5h “ “ Kate. Amount. $29,269 1,300 1,300 1,550 05 00 00 00 6 per cent. “ “ 7 << 8 6h Number of loans which are of an amount not exceeding $3,000 each, 101 Aggregate amount of the same.............................................................................. $163,569 Total number of loans upon real e s t a t e , ............................................. 185 Amount of investments from which no income is received, . . . . 3,757 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 110,566 Rate and amount of each semi-annual dividend during the £2 per cent., 5 41,254 year ending Oct. 31, 1 8 8 9 ,...................................................... j 2 per cent., f 43,142 Times for the dividends fixed by the by-laws : second Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 1,273 Number of accounts closed during the year ending Oct. 31, 1889, . 643 Total number of open accounts Oct. 31, 1889, . . . . 8,597 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of t a x e s ),................................................................................................................... 7,352 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 05 08 49 43 51 44 172 B A N K CO M M ISSIO N ERS’ -----------R E PO R [Jan» T. ------------------------------ Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,...................................................................................................$652,818 98 Number of same............................................................................. ....... 9,987 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ 506,830 85 Number of same, , .................................................................................6,205 Date of examination by commissioner : February 21. Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 8 9 . • Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 7,677 $132,460 04 1,124 92,898 59 556 88,611 48 406 147,128 45 110 114 77,570 42 114,150 00 9,987 $652,818 98 not not not less Amount. ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust................................ 4,275 20 $253,031 97 2,420 70 107 852 9,342 19 86,834 50 Co m m o n w e a l t h of M a ss a c h u s e t t s . S u f f o l k , s s ., N ov . 13, 1889. Personally appeared Frank E. Granger, Treasurer of the Eliot Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his. best knowledge and belief. Before me, J o s e p h G o d d a r d , Justice o f the Peace. S u f f o l k , s s ., N ov. 1 4 ,1 8 8 9 . Personally appeared John Carr, President, and Timothy Smith, John F. Newton, Gorham Rogers, Sam’l B. Hopkins and F. 0 . White, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, J o s e p h G o d d a r d , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 173 PU B L IC D O CU M EN T — No. 8 E S S E X S A V IN G S B A N K — L A W R E N C E . Incorporated March, 1847. Present number of corporators, 33. J a m e s H. E a t o n , Treasurer. J o s e p h S h a t t u c k , President. Ja m e s H. E a t o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Joseph S h a t t u c k , Sa m u e l W h it e , Ja m e s H . K i d d e r , G eorge E . D a v is . Open for business every business day, except Saturday, 9 a .m . to 1 p . m . B a l a n c e S h e e t , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock,. Railroad bonds as per schedule, Railroad notes............................... Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o t e s ) ,.................................... Loans on depositors’ books, Deposits in banks, on interest, . Cash on hand, . . . . $553,000 329,050 24,100 475.000 00 00 00 00 Deposits, . Guaranty fund, Profit and loss ac count, . $5,549,297 88 186,000 00 172,591 94 100.000 00 5,000 00 2,642,531 40 1,592,525 00 94,000 525 78,818 13,339 00 00 92 50 $5,907,889 82 $5,907,889 82 Cash on Deposit in Banks, amount in each: — National Hide and Leather Bank, B o s t o n ,......................................................$58,818 92 Merchants’ National Bank, Lawrence.................................................................. 20,000 00 Loans on Bank Stock, amount on each : — On 55 shares Traders’ National Bank, B o s t o n , .............................................$4,000 00 On 109 shares Bay State National Bank, Lawrence........................................... 8,000 On 77 shares Pacific National Bank, L a w re n c e ,............................................. 7,000 On 40 shares Merchants’ 'National Bank, L a w r e n c e ,.................................... 3,200 On 6 shares National Pemberton Bank, L a w r e n c e ,.................................... 600 On 13 shares Andover National Bank, A n d o v e r,............................................. 1,300 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 00 174 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan Detailed Statement o f Public Funds. Par Value. United States 4s, United States 6s, District of Columbia 6s, . City of Lawrence, Mass., 4s, . of Lawrence, Mass., 6s, . of Newton, Mass., 5s, of Rockland, Me., 6s, of Fall River, Mass., 5s, . of Lynn, Mass , 6s, . of Boston, Mass., 4s, $100,000 $127,000 00 80,000 94,400 00 50.000 53.500 00 80.000 83,200 00 38.000 42,940 00 16.000 19,050 00 14.000 14,000 00 25.000 29.500 00 50.000 54.500 00 100,000 107,000 00 $553,000 *A Estimated Market Value. Amount Invested. $100,000 80,000 50.000 80.000 38.000 16.000 14.000 25.000 50.000 100,000 00 00 00 00 00 00 00* 00 00 00 $625,090 00 $553,000 00. legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 130 40 10 30 40 75 20 130 80 100 47 232 100 25 15 51 200 46 150 100 225 250 27 100 100 100 60 10 250 300 300 Par Value. Atlas National Bank, Boston, Atlantic Nat’l Bank, Boston, . Blackstone N’ l Bank, Boston, Boston Nat’l Bank, Boston, . Nat’l Bank of the Commonwealth, Boston, . N’l B’k of Commerce, Boston, Continental N’l Bank, Boston, National City Bank, Boston, . Eliot National Bank, Boston, Everett Nat’l Bank, Boston, . Globe National Bank, Boston, Howard Nat’l Bank, Boston, . N’l Hide & Leather B’k, Boston, Lincoln Nat’l Bank, Boston, . Mass. National Bank, Boston, Maverick Nat’l Bank, Boston, Merchants’ N’ l Bank, Boston, Mt. Vernon N’l Bank, Boston, N ’l B’k of No. America, Boston, North National Bank, Boston, Nat’l Revere Bank, Boston, . N’l B’k of the Republic, Boston, Shawmut Nat’l Bank, Boston, Suffolk Nat’l Bank, Boston, . State National Bank, Boston, Tremont Nat’l Bank, Boston,. Traders’ Nat’l Bank, Boston, Nat’l Union Bank, Boston, Nat’l Webster Bank, Boston,. Bay State N’l B’k, Lawrence, Lawrence N’l B’k, Lawrence, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $13,000 4,000 1,000 3,000 4,000 7,500 2,000 13,000 8,000 10,000 4,700 23,200 10,000 2,500 3,750 5,100 20,000 4,600 15,000 10,000 22,500 25,000 2,700 10,000 10,000 10,000 6,000 1,000 25,000 * 22,500 30,000 Estimated Market Value. Amount Invested. $15,600 5,720 1,120 3,660 00 00 00 00 $13,000 4,000 1,000 3,000 00 00 00 00 6,760 9,600 2,440 12,350 10,480 10,300 4,606 25,520 12,000 2,850 4,125 12,240 28,200 6,394 18,150 13,900 27,900 41,750 3,510 11,500 12,100 11,300 5,880 1,430 25,000 29,250 37,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 4,000 7,500 2,000 13,000 8,000 10,000 4,700 23,200 10,000 2,500 3,750 5,100 20,000 4,600 15,000 10,000 22,500 25,000 2,700 10,000 10,000 10,000 6,000 1,000 25,000 22,500 30,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $329,050 $413,135 00 $329,050 00 1890.] P U B L IC D O CU M EN T — No. 8. 175 Detailed Statement o f Railroad Bonds. Par Value. Boston & Maine R.R. 7s,. Worcester, Nashua & Roch. R.R. 4s, Boston & Lowell R.R. 7s, Boston & Lowell R.R. 4is, Boston & Lowell R.R. 4s, Fitchburg R.R. 5s, . Estimated Market Value. Amount Invested. $200,000 $220,000 00 21,000 00 20,000 50.000 54,000 00 53.500 00 50.000 52.500 00 50.000 105,000 114,300 00 $200,000 20,000 50.000 50.000 50.000 105,000 00 00 00 00 00 00 $475,000 $515,300 00 $475,000 00 lotal Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $58,818 20,000 40,000 242,000 92 00 00 00 Rate. Amount. Rate. 2 per cent. 3 3è “ 4 “ $915,002 00 37,500 00 2,238,273 40 4£ per cent. 4| “ 5 Amount. $45,000 00 208,600 00 727,306 00 Rate. 5:} per cent. 5£ “ 6 Amount invested in real estate for banking purposes,.................................... $5,000 00 Estimated value of the sam e,................................................................................ 30,000 00 Assessed value of the s a m e , ............................................................................... 29,350 00 Net income received from same during year ending Oct. 31, 1889, 1,402 33 Number of loans which are of an amount not exceeding $3,000 each,. 428 Aggregate amount of the s a m e , ....................................................................... 623,439 00 Total number of loans upon real estate, .............................................579 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ 291,904 64 Rate and amount of each semi-annual dividend during the i 2 per cent., r 101,769 49 year ending Oct. 31, 1 8 8 9 , ......................................................j 2 per cent., ( 103,680 36 Times for the dividends fixed by the by-laws : third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 3,500 Number of accounts closed during the year ending Oct. 31, 1889, . 3,063 Total number of open accounts Oct. 31, 1889, . . . . 16,435 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................................................................................................... 12,893 90 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,......................................................................................... 1,244,471 35 Number of same, . 21,635 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ................................................................................................. . 1,254,678 19 Number of s a m e , ....................................................................................... 11,435 Date of examination by commissioner: September 17. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 176 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 17,337 $324,422 95 2,211 179,626 62 969 152,999 07 705 247,292 86 270 143 189,074 94 151,054 91 ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust, . . . . not not not less Amount. 12,768 32 $722,616 11 11,921 90 189 208 15,586 93 34,130 89 21,635 $1,244,471 35 C o m m o n w e a l t h of M a ss a c h u s e t t s . E s s e x , s s ., N o v . 4 , 1 8 8 9 . Personally appeared James H. Eaton, Treasurer of the Essex Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, H e r b e r t W . F i e l d , Justice o f the Peace. E s s e x , s s ., N o v . 4 , 1 8 8 9 . Personally appeared Joseph Shattuck, President, and H . M. Whitney, J. H. Kidder, W . E. Parker, Geo. H. Eaton, George L. Davis, Sam’l White and Geo. E. Davis, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, H e r b e r t W . F i e l d , Justice o f the Peace. 1890.] 177 PU B L IC D O CU M EN T — No. 8. E V E R E T T S A V IN G S B A N K — E V E R E T T . Incorporated March 1, 1889. Present number of corporators, 25. S a m u e l P. C a n n e l l , Treasurer. W il m o t R . E v a n s , President. H e n r y K . Y e a z i e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : W il m o t R . E v a n s , I saac T . W in c h e s t e r , R o b e r t M. B a r n a r d , N a t h a n i e l J. M e a d , S a m ’ l M. J o h n s o n . Open for business every business day, 2 to 4 Balance p .m . ; also Saturday, 7.30 to 8.30 p . m . Sh ee t, O ctober 31, 1889. A ssets. Loans on real estate, . Deposits in banks, on interest, . Cash on hand, . . . . L ia b il it ie s . $7,450 00 4,720 46 87 15 Deposits, . Interest account, $12,257 61 $12,204 00 53 61 $12,257 61 Cash on Deposit in Banks, amount in each : — National Bank of the Commonwealth, Boston................................................... $1,673 14* First National Bank, C h e l s e a , ....................................................................... 3,047 32* Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $1,673 14 3,047 32 Rate. 2 per cent. 2è “ Amount. $3,550 00 Rate. 5 per cent. Amount. $3,900 00 Rate. 6 per cent. Number of loans which are of an amount not exceeding $3,000 each, 6 Aggregate amount of the same...............................................................................$7,450 00 Total number of loans upon real e s t a t e , ............................................. 6 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................. 53 61 * These amounts will be reduced within the legal limit. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 178 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan. Times for the dividends fixed by the by-laws : second Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 211 Number of accounts closed during the year ending Oct. 31, 1889, . 4 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 207 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,.......................................................................................... Number of same...............................................................................................425 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ Number of s a m e , .........................................................................................81 Date of examination by commissioner: October 9. $19,141 00 6,937 00 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 356 $3,439 00 30 2,552 00 id d l e s e x , To the credit — O f women, both adult and minor, O f religious and char itable associations, . In trust, . . . . not 20 3,199 00 13 4,985 00 3 3 1,966 00 3,000 00 425 $19,141 00 Amount. ber. not not 129 $5,474 00 9 21 307 00 119 00 less Com M Num Amount. m o n w e a lth of M assach u setts. ss. E verett , N ov. 9, 1889. Personally appeared Samuel P. Cannell, Treasurer of the Everett Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, J o s e p h H. C a n n e l l , Jxistice o f the Peace. M id d l e s e x , s s ., N ov. 16, 1889. Personally appeared Wilmot R. Evans, President, and Henry K . Veazie, W . A. Ham, A . B. Cook, Geo. S. Marshall and Daniel B. Fessenden, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, A l o n z o H. E v a n s , Justice o f the Peace. 1890.] P U B L IC D O CU M EN T — N o. 8. 179 F A IR H A V E N IN S T IT U T IO N FOR SA V IN G S — FAIR ILAV E N . Incorporated 1832. Present number of corporators, 37. G e o r g e H . T a b e r , President. C h a s . H . M or t o n , Treasurer. C h a s . H . M o r t o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds: G e o . H. T a b e r , C y r u s D. H u n t , W a l t e r P. W i n s o r , L evi M . Sn o w , J o h n B. H u s s e y . Open for business every business day, 9 a .m . to 1 p . m . B ala n c e Sh e e t , O ctober 31, 1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, . Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Stock of Sea Yiew Hotel and Wharf Co.,* . . . . Cash on hand, . . . . $22,500 00 120,620 00 225 00 4,847 28,388 160,087 83,765 9,117 4,000 18 45 16 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . 2,859 40 00 00 76 00 75 4,903,96 17 40 $438,490 48 * $419,068 95 16,473 63 88 50 $438,490 48 Taken to secure indebtedness. Cash on Deposit in Bank : — National Bank of Fairhaven, F a ir h a v e n ,......................................................$13,117 76 Loan on Bank Stock : — On 3 shares National Bank of Commerce, New Bedford, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . . $225 OO 180 BANK CO M M ISSIO N E R S’ R E P O R T [Jan Detailed Statement o f Public Funds. Par Value. City of Bath, Me., 6s, of Belfast, Me., 6s, . Town o f Fairhaven, Mass., 7s,. Estimated Market Value. $5,000 6,500 11,000 $5,250 00 6,500 00 13,000 00 $22,500 $24,750 00 Amount Invested- $5,000 00* 6,500 00* 11,000 00 $22,500 00 * Legal investments when made. No. of Shares. Detailed Statement o f Bank Stocks. 158 68 90 80 40 90 50 40 60 80 50 80 50 100 Par Value. National Bank of Fairhaven, Fairhaven, . . . . Mechanics’ Nat’l Bank, New Bedford, . . . . First N’l Bank, New Bedford, Citizens’N’l B’k,New Bedford, National Bank of Commerce, New Bedford, N’l B’k of Commerce, Boston, Eliot National Bank, Boston, North National Bank, Boston, N’l B’k of the Republic,Boston, State National Bank, Boston, Howard Nat’l Bank, Boston, N’l B’k of No. America, Boston, Continental N’l Bank, Boston, Boston National Bank,Boston, Estimated Market Value. Amount Invested. $12,640 $13,430 00 $12,640 00 6,800 9,000 8,000 11,900 00 13,500 00 11,200 00 10,880 00 12,150 00 10,400 00 4,000 11,520 6,575 5,560 10,020 9,680 5,500 9,800 6,125 12,200 4,800 10,350 6,500 5,160 7,740 9,200 5,500 8,000 5,300 12,000 4,000 9,000 5,000 4,000 6,000 8,000 5,000 8,000 5,000 10,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $100,440 $131,010 00 $120,620 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Rate. Amount. 2 per cent. $12,456 00 119,039 39 1,225 00 Amount. $9,117 76 86,900 00 19,561 06 5 5è https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ Kate. Amount. 5| per cent. $4,895 55 6 6* “ Kate. 7 per cent. 1890.] PU B L IC D O CU M EN T — No. 8. 181 Amount invested in real estate for banking purposes,.................................... Estimated value of the same,................................................................................. Assessed v^lue of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each, 126 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................129 Amount of investments from which no income is received.............................. Gross amount of interest or profits received or earned, as per books, during year ending Oct- 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 ,......................................................J 2 per cent., 1 Times for the dividends fixed by the by-laws: last Monday in April and October. Number of accounts opened during the year ending Oct. 31,1889, . 82 Number of accounts closed during the year ending Oct. 31, 1889, . 88 Total number of open accounts Oct. 31, 1889............................................. 792 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of ta xes),..................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of s a m e , ....................................................................................... 249 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... Number of same, ............................................................................................. 450 Date of examination by commissioner: September 5. $4,847 4,847 3,700 50 28,388 12,000 45 45 00 00 16 00 116,046 33 7,751 41 21,575 89 8,196 35 8,042 21 2,100 29 42,212 63 62,067 58 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . Of $1,000 or more, . Num Amount. 157 $2,518 57 28 2,620 95 24 5,024 61 15 8,384 12 14 11 12,353 64 11,310 74 249 $42,212 63 not not not ber. To the credit —■ Of women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ less Amount. 102 4 $17,425 95 3,152 71 7 44 776 62 6,581 39 C o m m o n w e a l t h of M a ss a c h u s e t t s . B r is t o l , ss ., N ov . 8, 1889. Personally appeared Charles H. Morton, Treasurer of the Fairhaven Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in ref erence to the matters to which they relate, according to his best knowledge and belief. Before me, F. D. P. T a p p a n , Justice o f the Peace. B r is t o l , ss ., N o v . 8, 1889. Personally appeared George H . Taber, President, and L. S. Judd, Levi M. Snow, J. W . L. Hillman, Reuben Nye and George D. Hammond, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, F. D. P. T a p p a n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 182 [Jan. B A N K COM M ISSIO N ERS’ R E PO R T. F A L L R IV E R S A V IN G S B A N K — F A L L R IV E R . Incorporated 1828. Present number of corporators, 129. C r a w f o r d E. L i n d s e y , President. C. A. B a s s e t t , Treasurer. N e w t o n R . E a r l , Clerk o f the Corporation. Names_of committee charged with the investment of its funds : R o b ’ t C. B r o w n , G u il f o r d H . H a t h a w a y , H e n r y C. H a w k i n s , J a m e s C. E d d y , R obert H e n r y . Open for business every business day, 9 a . m . to 2 p . m . B a l a n c e S h e e t , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Railroad notes, . . . . Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposits in banks, on interest, . Expense account, Cash on hand, . . . . $915,100 742,481 18,090 440,500 100,000 00 00 00 00 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, Suspense account, . $5,568,779 31 169,800 00 29,637 77 23,035 33 18,125 00 45,000 00 2,032,423 00 1,473,075 00 800 33.075 '889 7,943 00 00 78 63 $5,809,377 41 $5,809,377 41 Ot o o Cashson Deposit in Banks, amount in each : — Metacomet National Bank, Fall River, . National Bank of Redemption, Boston, Third National Bank, Springfield, Chapin National Bank, Springfield, 00 11,575 00 2,000 00 5,000 00 Loans on Bank Stock, amount on each : — https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $90 00 10,000 00 0° o o c On 1 share Fall River National Bank, Fall River, On 120 shares Metropolitan National Bank, Boston, On 28 shares Metropolitan National Bank, Boston, On 50 shares Commercial National Bank, Boston, On 25 shares First National Bank, Clinton, . 00 1890.] 183 P U B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. District of Columbia 7s, . County of Hamp’den, Mass., 3s, of Essex, Mass., 3|s, . of Bristol, Mass., 4is, . of Bristol, Mass., 3|s, . of Bristol, Mass., 31s, . City of Boston, Mass., 5s, of Boston, Mass., 4s, of Cambridge, Mass., 4s, . of Cambridge, Mass., 3|s, of New Bedford, Mass., 3|s, of Lynn, Mass., 4s, . of Waltham, Mass., 4s, of Gloucester, Mass , 4s, . of Nashua, N. H., 4s, of Fall River, Mass., 4s, . of Fall River, Mass., 6s, . of Fall River, Mass., 5s, . Town of Freetown, Mass., 4Ls, of Hyde Park, Mass., 4s, of Ashland, Mass., 4s, . of Belmont, Mass., 4s, . . $3,000 15,000 50,000 20,000 20,000 40,000 100,000 200,000 80,000 61,000 30,000 10,000 72,000 40,000 12,000 46,000 39,000 22,000 3,600 5,000 5,000 41,500 $915,100 Estimated Market Value. $4,200 14,100 50,500 21,000 20,000 40,000 120,000 222,000 85,600 61,000 30,000 10,900 74,880 41,400 12,000 47,410 48,960 24,860 3,600 5,000 5,000 41,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $3,000 15,000 50,000 20,000 20,000 40,000 100,000 200,000 80,000 61,000 30,000 10,000 72,000 40,000 12,000 46,000 39,000 22,000 3,600 5,000 5,000 41,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $983,910 00 $915,100 00 . Detailed Statement of Bank Stocks. «*-. 03 ° 2 & 5, 330 232 150 400 300 160 200 250 400 300 107 200 500 220 420 715 935 432 150 Estimated Market Value. First National Bank, Boston,. Second Nati Bank, Boston, . Eliot National Bank, Boston, Faneuil Hall N’l B’k, Boston, Howard Nati Bank, Boston, . Merchants1 N1 Bank, Boston, Washington N ! Bank, Boston, N1 Hide & Leather B’k, Boston, N’lB ’k o f No. America, Boston, Natl Revere Bank, Boston, . N1 B’k of Redemption, Boston, N’l B’k of Commerce, Boston, First N’l Bank, New Bedford, Merchants’ Nati Bank, New Bedford, . . . . National Bank of Commerce, New Bedford, Fall River N’l B’k, Fall River, Metacomet N I B’k, F all River, Massasoit N’l B’k, Fall River, Second Natl Bank, Fall River, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $33,000 $80,025 40,600 23,200 15,000 19,725 40,000 57,600 33,000 30,000 16,000 22,720 20,000 25,100 25,000 30,000 40,000 48,800 30,000 37,200 10,700 14,391 20,000 . 25,600 75,000 50,000 22,000 42,000 71,500 93,500 43,200 15,000 00 00 00 00 00 00 00 00 00 00 50 00 00 41,800 00 40,740 78,650 121,550 77,760 22,500 00 00 00 00 00 $61,050 31,900 15,000 46,000 30,000 20,400 22,000 25,000 40,000 30,000 14,231 20,000 55,000 00 00 00 00 00 00 00 00 00 00 00 00 00 28,600 00 • 42,000 00 78,650 00 102.850 00 64,800 00 15,000 00- $640,100 $892,761 50 $742,481 00 184 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Detailed Statement o f Railroad Bonds. Estimated Par Value. Boston & Albany R.R. 6s, Boston & Albany R.R. 7s, Old Colony R.R. 6s, . . . Old Colony R.R. 7s, Old Colony R.R. 4Js, Boston, Clinton, Fitchburg & New Bedford R R. 5s, . Boston, Clinton & Fitchburg R.R. 7s, New Bedford R.R. 7s, N. Y., Providence & Boston R.R. 7s, Boston & Providence R.R. 7s,. Boston & Lowell R.R. 4s, Boston & Lowell R.R. 7s, Worcester, Nashua & Roch. R.R. 4s, Boston, Winthrop & Shore R R . 5s, Maine Central R.R 6s, . Maine Central R.R. 7s, . Leeds & Farmington R.R. 6s, Androscoggin & Kennebec R.R. 6s, Market Value. $100,000 25,000 77,000 13,000 50,000 $112,000 26,750 88,140 14,690 55,500 26,000 10,000 5,000 10,000 10,000 25,000 10,000 15,000 15,000 10,000 7,000 15,000 17,500 31,590 10,000 5,725 10,900 12,650 26,500 11,550 15,900 17,700 12,100 8,610 17,175 18,025 Amount Invested. 00 $100,000 00 25,000 00 00 77,000 00 00 00 13,000 00 50,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 26,000 10,000 5,000 10,000 10,000 25,000 10,000 15,000 15,000 10,000 7,000 15,000 17,500 00 00 00 00 00 00 00 00 00 00 00 00 00 $440,500 $495,505 00 $440,500 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $11,575 14,500 7,000 150,000 Rate. 00 00 00 00 2 per cent. 24 “ 3 34 “ Amount. $615,800 75.000 557,000 18.000 00 00 00 00 Rate. Amount. Rate. 4 per cent. 41 “ 44 “ 41 “ $888,855 00 1,304,841 00 14,892 00 5 per cent. 54 “ 6 Amount invested in real estate for banking purposes,....................................$45,000 00 Estimated value of the sam e,................................................................................ 45,000 00 Assessed value of the same, i ...................................................................... 46,000 00 Net income received from same during year ending Oct. 31, 1889, . . 500 00 Number of loans which are of an amount not exceeding $3,000 each, . 706 Aggregate amount of the s a m e , ....................................................................... 933,125 00 Total number of loans upon real e s t a t e , ............................................ 792 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... 341,655 71 Rate and amount of each semi-annual dividend during the 1 2| per cent., f 123,231 30 year ending Oct. 31, 1 8 8 9 , ..................................................... J 21 per cent., 1 124,476 34 Times for the dividends fixed by the by-laws : first Monday in, April and October. Number of accounts opened during the year ending Oct. 31, 1889, 2,092 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 185 PU B L IC D O CU M EN T — No. 8. 1890.] Number of accounts closed during the year ending Oct. 31, 1889, 1,894 Total number of open accounts Oct. 31, 1889, . . . . 11,451 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ................................................................................................................$12,305 85 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ....................................................................................... 930,939 44 Number of s a m e , ............................................................................... 10,162 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... 1,186,716 21 Number of s a m e , ............................................................................... 8,962 Date of examination by commissioner: July 11. Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 7,105 $149,327 72 1,409 116,521 24 674 106,161 49 572 202,997 27 215 187 150,690 23 205,241 49 10,162 $930,939 44 C o m m o n w e a lt h B ristol , ss . Num ber. To the credit — O f women, both adult and minor, O f guardians, Of religious and char itable associations, . In trust, . . . . of Amount. 5,077 23 $430,696 57 6,871 39 154 767 12,887 52 154,010 17 M assach u setts . F a l l R iv e r , N ov . 5, 1889. Personally appeared C. A. Bassett, Treasurer of the Fall River Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, B ristol , ss . H e n r y K. B r a l e y , Justice o f the Peace. F a l l R iv e r , N ov . 5, 1889. Personally appeared C. E. Lindsey, President, and R. C. Brown, G. H. Hathaway, J. C. Eddy, H. C. Hawkins and Robert Henry, trustees of said corporation, and sever ally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, H e n r y K . B r a l e y , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 186 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. F A L L R IV E R F IV E CENTS S A V IN G S B A N K — F A L L R IV E R . Incorporated April 10, 1855. W alter Present number of corporators, 48. C. D u r f e e , President. C h a s . J. H o l m e s , Treasurer. J o h n P . S l a d e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : W a l t e r C. D u r f e e , S a m ’ l M. B r o w n , L e o n t in e L in c o l n , E d w in S h a w , C h a s . E . G if f o r d . Open for business every business day, 9 .m . a to 2 p .m . B ala n c e S h e e t , O ctober 31, 1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposit in bank, on interest, Expense account, Stock of Border City M ’f’g Co., Fall River,* . . . . Stock of Granite Mills, Fall R i v e r ,* .................................... Cash on hand, . . . . $20,000 00 421,800 00 120,000 00 45.000 53,390 872,705 644,700 00 38 00 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Rent account, . Premium account, . Second Nat’l Bank, . 1,926 10,899 1,598 3,807 50 36 93 10 5,000 00 30.000 00 2,441 12 12,500 00 15,750 00 238 05 $2,243,524 55 * $2,133,716 61 41,828 37 49,747 68 $2,243,524 55 Taken to secure indebtedness. Cash on Deposit in Bank : — Metacomet National Bank, Fall R iv e r ,.............................................................. $30,000 00 Detailed Statement o f Public Funds. * United States 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Par Value. $20,000 Estimated Market Value. $25,800 00 Amount Invested. $20,000 00 1890.] 187 PU B L IC D O CU M EN T — No. 8 Shares. No. of Detailed Statement o f Bank Stocks. 50 230 200 60 100 35 232 15 160 150 100 50 254 200 156 13 85 111 150 106 100 80 120 250 200 30 300 100 20 13 100 36 412 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, . Blackstone N’l Bank, Boston,. Boston Nat’l Bank, Boston, . National City Bank, Boston, . N’l B’k of Commerce, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston,. Everett Nat’l Bank, Boston,. . Nat’l Exchange Bank, Boston, Faneuil Hall N’l B’k, Boston, First National Bank, Boston, . N ’l Hide & Leather B’k,Boston, Howard Nat’l Bank, Boston, . Lincoln Nat’l Bank, Boston, . Maverick Nat’l Bank, Boston, Monument N’l Bank, Boston,. Merchandise N’l B’k, Boston, Metropolitan N ’l B’k, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, National Revere Bank,Boston, Shawmut Nat’l Bank, Boston, Shoe & Leather N’l B’k.Boston, Third National Bank, Boston, Nat’l Webster Bank, Boston,. First National Bank, Chelsea, First National Bank, Malden, Oxford Nat’l Bank, Oxford, . Palmer Nat’l Bank, Palmer, . Metacomet N’l B’k, Fall River, Nat’l Union Bank, Fall River, Second N’l Bank, Fall River, $5,000 23,000 20,000 6,000 10,000 3,500 23,200 1,500 16,000 15,000 10,000 5,000 25,400 20,000 15,600 1,300 8,500 11,100 15,000 10,600 10,000 8,000 12,000 25,000 20,000 3,000 30,000 10,000 2,000 1,300 10,000 3,600 41,200 Estimated Market Value. $7,125 27,600 22,550 7,320 9,500 4,580 26,220 1,972 16,640 19,125 14,400 12,125 30,480 22,000 18,408 3,120 18,700 7,770 15,600 19,600 13,425 9,920 15,600 23,500 20,900 3,000 42,000 14,000 2,400 1,690 13,000 3,600 61,800 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $421,800 $529,670 00 Amount Invested $5,000 23,000 20,000 6,000 10,000 3,500 23,200 1,500 16,000 15,000 10,000 5,000 25,400 20,000 15,600 1,300 8,500 11,100 15,000 10,600 10,000 8,000 12,000 25,000 20,000 3,000 30,000 10,000 2,000 1,300 10,000 3,600 41,200 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $421,800.00 Detailed Statement o f Railroad Bonds. Par Value. Rutland R.R. 5s, . Old Colony R.R. 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . * Estimated Market Value. Amount Invested. $70,000 00* 50,000 00 $100,000 50,000 $100,000 00 55,000 00 $150,000 $155,000 00 $120,000 00 A legal investment when made. 188 BANK CO M M ISSIO N ERS’ R E PO R T. [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $235,000 00 30,000 00 124,500 00 Amount. Kate. Amount. 4 $185,000 00 286,300 00 5,500 00 per cent. H “ 4i » Kate. 4 f per cent. 5 “ 5i “ Rate. Amount. 5J per cent. 6 “ $667,405 00 18,700 00 Amount invested in real estate for banking purposes,....................................$45,000 00 Estimated value of the sam e,............................................................................... 57,000 00 ............................................ 57,000 00 Assessed value of the same, Net income received from same during year ending Oct. 31, 1889, . . 2,938 01 Value, by books, of other real estate, held by foreclosure or otherwise, . 53,390 38 Assessed value of the s a m e ,................................................................................ 63,600 00 Net income received from same during year ending Oct. 31, 1889, . . 2,188 87 Number of loans which are of an amount not exceeding $3,000 each, 333 Aggregate amount of the s a m e , ...................................................................... 496,805 00 Total number of loans upon real estate,......................................................391 Gross amount of interest or profits received or earned, as per books, during 114,778 67 year ending Oct. 31, 1 8 8 9 , ............................................................................... Rate and amount of each semi-annual dividend during the 7 2| per cent., \ 45,708 79 year ending Oct. 31, 1 8 8 9 , ..................................................... ^2^ per cent.,* 47,583 91 Times for the dividends fixed by the by-laws: second Monday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, 1,770 Number of accounts closed during the year ending Oct. 31, 1889, 1,002 Total number of open accounts Oct. 31, 1889, . . . . 8,007 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... 6,438 30 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ 530,531 31 Number of s a m e , ................................................................................10,674 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... 412,117 82 Nupiber of s a m e , ................................................................................ 5,078 Date of examination by commissioner: July 11. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 9,066 $104,610 50 744 69,882 69 358 55,729 74 281 99,298 18 112 113 79,101 23 121,908 97 10,674 $530,531 31 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust................................ Amount. 4,719 23 $239,965 53 5,207 44 57 177 12,169 21 125,143 42 1890.] 189 P U B L IC D O C U M E N T — No. 8. Com m onw ealth or M assa ch u setts. B ristol , ss ., N ov . 6, 1889. Personally appeared C. J. Holmes, Treasurer of the Fall River Five Cents Savings Bank, and made oath that the foregoing statement, hy him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, H e n r y H. E a r l , Justice o f the Peace. % B r istol , ss ., N ov. 6, 1889. Personally appeared Walter C. Durfee, President, and Edwin Shaw, Leontine Lincoln, Chas. E. Gifford, Sam’l M. Brown and Chas. E. Fisher, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me. H e n r y H. E a r l , Justice o f the Peace. 190 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan F A R M E R S ’ A N D M E C H A N IC S ’ S A V IN G S B A N K — SOUTH F R A M IN G H A M . Incorporated April 23, 1883. W il l a r d Present number of corporators, 24. H o w e , President. G e o r g e E . C u t l e r , Treasurer. S. G . D a v e n p o r t , Clerk o f the Corporation. Names of committee charged with the investment of its funds. G e o . E. C u t l e r , J o se p h W . B u l l a r d , H . L. S a w y e r , W i l l i s M. R a n n e y , C h a s. D . L e w is , F r a n k l i n E n s l in . Open for business every business day, except Saturday, 8 Saturday, 8 a . m . to 12 m . a .m . to 12 m ., 2 to 4 p .m . ; B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Bank stock as per schedule, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Furniture....................................... Cash on hand, . . . . L ia b il it ie s . $28,185 269,395 80,910 15,300 178 463 00 00 00 00 00 10 Deposits, . Guaranty fund, Interest account, Cemetery fund, $389,641 3,585 1,104 100 $394,431 10 79 00 31 00 $394,431 10 Cash on Deposit in Banks, amount in each : — Framingham National Bank, South F r a m i n g h a m ,....................................$10,300 00 Holliston National Bank, H o l l i s t o n ,............................................................... 5,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 64 26 9 5 10 Par Value. Framingham National Bank, South Framingham, . Holliston N’l Bank, Holliston, Northhoro’ N’l B’k, Northboro’, First Nat’l Bank, Chelsea, First N’l B’k, West Newton, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $6,400 2,600 900 500 1 ,0 0 0 Estimated Market Value. $9,920 3,120 1,125 650 1,050 00 00 00 00 00 Amount Invested. $9,456 3,142 1,134 650 00 25 00 00 1 ,0 0 0 0 0 1890.] 191 P U B L IC D O C U M E N T — No. 8. No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 21 16 10 40 10 9 6 Par Value. Continental N ’l Bank, Boston, Eliot National Bank, Boston,. Freeman’s N’l Bank, Boston, . Market Nat’l Bank, Boston, . Nat’l Revere Bank, Boston, . Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, $2,100 1,600 1,000 4,000 1,000 900 600 $22,600 Estimated Market Value. $2,572 2,080 1,035 3,920 1,240 1,575 762 Amount Invested. 50 00 00 00 00 00 00 $29,049 50 $2,525 2,084 950 3,908 1,252 1,358 724 25 00 00 25 50 25 50 $28,185 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Kate. Amount. $15,300 00 158,350 00 2£ per cent. 5 “ Amount. $29,200 00 Rate. Amount. 5^ per cent. $162,755 00 Rate. 6 per cent. Number of loans which are of an amount not exceeding $3,000 each, 171 Aggregate amount of the s a m e , ........................................................................$185,955 00 Total number of loans upon real e s t a t e , ............................................. 142 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889..................................................................................... 18,260 31 Rate and amount of each semi-annual dividend during the 1 2£ per cent., f 7,319 46 year ending Oct. 31, 1889, . . . . . . .1 2 per cent., 1 6,755 44 Times for the dividends fixed by the by-laws : first Tuesday in April and October. Number of accounts opened during the year ending Oct.31, 1889, . 458 Number of accounts closed during the year ending Oct.31, 1889, . 152 Total number of open accounts Oct. 31, 1889, . . . . 1,468 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................................................................................................... 1,355 85 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889............................................................................................... 182,945 13 Number of s a m e , .........................................................................2,216 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... 112,733 01 Number of s a m e , .................................................. ..................... 1,094 Date of examination by commissioner: March 29. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 192 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and Ess, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Num Amount. ber. 1,511 $31,846 07 338 28,269 49 172 26,729 89 131 45,106 90 42 22 28,992 78 22,000 00 2,216 $182,945 13 Co m m o n w ea lth op To the credit — Oi women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust, . . . . Amount. 718 19 $56,498 08 2,578 21 2 59 391 70 12,302 13 M assach u setts. M id d l e s e x , ss ., N ov . 16, 1889. Personally appeared George E. Cutler, Treasurer of the Farmers’ and Mechanics’ Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, S. A. P h i l l i p s , Justice o f the Peace. M id d l e s e x , ss ., N o v . 16, 1889. Personally appeared Willard Howe, President, and Jos. W . Bullard, S. G. Davenp'ort, H. L. Saw'yer, Chas. D. Lewis and Geo. E. Cutler, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, S. A . P h i l l i p s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 193 P U B L IC D O CU M EN T — No. F IT C H B U R G SA V IN G S Incorporated February 12, 1846. B A N K — F IT C H B U R G . Present number of corporators, 53. C h a s . J. B i l l i n g s , Treasurer. C h a s . E . W a k e , President. E b e n e z e r B a i l e y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : R odney W allace, D a n ie l C ross, R l e b e n R . Co n n , C. M . P a r k e r , Ch a s. E . W a r e . Open for business every business day, except Saturday, 9 Saturday, 9 a .m . B a l a n c e Sh e e t , O c to b er to 3 p .m ; 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Deposits in banks, on interest, . Deposit in bank, not on interest, Cash on hand, . . . . a .m . to 2 p . m . $223,222 215,996 13,500 182,100 50 00 00 00 145,000 18,950 884,375 819,450 00 00 00 00 25,000 35,505 5,000 1,620 00 40 00 66 $2,569,719 56 Deposits, . Guaranty fund, Interest account, $2,447,408 62 85,100 00 37,210 94 $2,569,719 56 Cash on Deposit in Banks, amount in each: — Maverick National Bank, B oston ,....................................................................... $23,505 40 17,000 00 Fitchburg National Bank, F itc h b u r g ,.............................................................. Loans on Bank Stock, amount on each: — On 10 shares Merchants’ National Bank, Boston,. . . . • ' l On 20 shares Eliot National Bank, Boston............................................................ On 24 shares Safety Fund National Bank, Fitchburg....................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Si3 000 00 ’ 1,800 00 194 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan $2,700 00 On 80 shares Safety Fund National Bank, Fitchburg, . On 15 shares Safety Fund National Bank, Fitchburg, . On 63 shares Safety Fund National Bank, Fitchburg, . 1,000 00 5,000 00 Detailed Statement o f Public Funds. Par Value. United States 4s, City of Fitchburg, Mass., 6s, . of Fitchburg, Mass., 3^s,. of Norwich, Conn., 7s, of Portland, Me., 6s, Town of Turner’s Falls, Mass., 4s, . City of Keene, N. H., 3^s, of New Bedford, Mass., 4s, Town of Leominster, Mass., 4s, $50,000 52,000 15,000 17,000 5,000 30,000 12,000 25,000 20,000 Estimated Market Value. $63,500 55,900 15,075 24,820 6,200 30,645 12,000 26,375 20,600 Amount Invested. 00 $50,000 00 48,625 00 00 15,000 00 00 00 17,935 00 00 4,662 50* 00 30,000 00 00* 12,000 00 00 25,000 00 20,000 00 00 $226,000 $255,115 00 $223,225 50 *A legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. First N’l Bank, Ashburnham, Boston Nat’l Bank, Boston, . Howard Nat’l Bank, Boston, . Lincoln Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, North National Bank, Boston, N’l Hide &Leather B’k,Boston, Nat’l Revere Bank, Boston, . N’l B’k of No. America, Boston, Fitchburg NM B’k, Fitchburg, Rollstone N’l B’k, Fitchburg, Safety Fund N’l B’k, Fitchburg, Citizens’ N’l B’k, New Bedford, N’l Bank of Commerce, New Bedford, . . . . 5 Townsend N’l B’k, Townsend, 200 Crocker N’l B’k, Turner’s Falls, 100 City Nat’l Bank, Worcester, . 30 Quinsigamond National Bank, Worcester, . . . . 100 133 150 100 200 116 100 150 66 153 113 170 100 100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Par Value. Estimated Market Value. Amount Invested. $10,000 13,300 15,000 10,000 20,000 11,600 10,000 15,000 6,600 15,300 11,300 17,000 10,000 $10,500 16,226 16,500 11,475 29,100 16,124 12,000 18,600 8,068 22,644 16,950 18,700 13,900 00 00 00 00 00 00 00 00 50 00 00 00 00 $10,000 13.300 15,000 10,000 20,000 11,600 11,600 15,000 6,600 16,736 12,210 18,050 10,000 00 00 00 00 00 00 00 00 00 00 00 00 00 10,000 500 20,000 10,000 9,800 550 26,000 14,200 00 00 00 00 12,400 500 20,000 10,000 00 00 00 00 3,000 3,660 00 3,000 00 $208,600 $264,997 50 $215,996 00 195 P U B L IC D O CU M EN T — No. 8. 1890.] Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 5s, . Fitchburg R.R. 4is, . . . Fitchburg R.R. 4s, . Vermont & Massachusetts R.R. 5s,. $69,000 45.000 50.000 16.000 Estimated Market Value. $73,220 45,112 48,000 17,760 Amount Invested. 00 50 00 00 $70,500 45.000 56.000 16,600 00 00 00 00 $180,000 $184,092 50 $182,100 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $23,505 40 12,000 00 49,000 00 65,000 00 2^ per cent. 3 4 “ H “ Amount. $20,000 201,400 165,000 831,100 00 00 00 00 Rate. Amount. 4f per cent. 4è “ 4| 5 “ $377,600 00 32,725 00 500 00 Rate. 5J per cent. “ “ 6 6h Amount invested in real estate for banking purposes,....................................$145,000 00 Estimated value of the s a m e ,................................................................................ 145,000 00 Assessed value of the same, . . . . ............................................. 120,000 00 Net income received from same during year ending Oct. 31, 1889, . . 1,305 85 Value, by books, of other real estate, held by foreclosure or otherwise, . 18,950 00 Assessed value of the s a m e ,................................................................................. 16,750 00 Net income received from same during year ending Oct. 31, 1889, . . 509 98 Number of loans which are of an amount not exceeding $3,000 each,. 291 Aggregate amount of the s a m e , ........................................................................ 393,225 00 Total number of loans upon real estate,......................................................342 Amount of investments from which no income is received, . . . . 1,350 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889, ................................................................................. 131,793 97 Rate and amount of eachsemi-annual dividend during the j 2 per cent., j 46,056 95 year ending Oct. 31, 1889, ............................................... 1 2 per cent., 1 46,952 04 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, 1,036 Number of accounts closed during the year ending Oct. 31, 1889, . 968 Total number of open accounts Oct. 31, 1889, . . . . 5,956 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ...........................................................................................................5,513 25 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,.................................................................................................. 487,213 23 Number of s a m e , ................................................................................ 3,706 Amount of withdrawals, including dividend«, during the year ending Oct. 31, 1889..................................................................................................................... 505,267 05 Number of same.......................................................................................3,200 Date of examination by commissioner: October 18. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 196 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. Classification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 2,326 $53,019 41 526 43,897 34 288 45,873 94 306 110,829 81 147 113 104,865 57 128,727 08 3,706 $487,213 15 not not not ber. To the credit — Of women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust................................ Amount. 1,786 19 $228,301 82 7,875 00 26 95 5,072 00 41,425 60 less C o m m o n w e a l t h of M a s s a c h u s e t t s . W orcester, ss., N ov. 11, 1889. Personally appeared Charles J. Billings, Treasurer of the Fitchburg Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, E d w a r d P. P i e r c e , Justice o f the Peace. W o r c e s t e r , ss., Nov. 11, 1889. Personally appeared Charles E. Ware, President, and Rodney Wallace, Daniel Cross, R. R. Conn, H. G. Morse and Thornton K. Ware, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, E d w a r d P. P i e r c e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 197 P U B L IC D O CU M EN T — No. 8. . FLO R EN C E S A V IN G S B A N K — F LO R E N C E . Incorporated 1873. A. T. L il l y , President. Present number of corporators, 38. M. W . Bond, Treasurer. M. W . B ond, Clerk o f the Corporation. Names of committee charged with the investment of its funds : A. T. L il l y , H. F. Cutler , L. F. P l y m p t o n , Sa m u e l P orter, W . L. W i l c o x . Open for business every business day, 10 . to 2 p . m . 31, 1889. B a l a n c e Sh e e t , O cto ber A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Premium account, Cash on hand, . . . . a .m L ia b il it ie s . $8,000 19,300 18,000 110,839 67,735 46,421 71 1,500 551 00 00 00 00 00 93 57 00 60 Deposits, . Guaranty fund, Interest account, $272,419 10 $262,945 78 8,729 12 744 20 $272,419 10 Cash on Deposit in Banks, amount in each : — Hampshire County National Bank, Northampton, First National Bank, Northampton, Northampton National Bank, Northampton, Home National Bank, Holyoke, . . . . Safety Fund National Bank, Fitchburg, First National Bank, Easthampton, ....................................$15,282 61 .................................... 13,424 55 ....................................1,000 00 ....................................9,714 77 ....................................1,000 6,000 00 00 Detailed Statement o f Public Funds. Tar Value. Town of Abington, Mass., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $8,000 Estimated Market Value. $8,261 00 Amount Invested. $8,000 00 198 [Jan. B A N K C O M M ISSIO N E R S’ R E PO R T No. of Shares. Detailed Statement o f Bank Stocks. 55 68 70 Par Value. Home Nat’l Bank, Holyoke, . First N’l Bank, Northampton, Hampshire County National Bank, Northampton, . Estimated Market Value. Amount Invested. $5,500 6,800 $5,775 00 8,840 00 $5,500 00 6,800 00 7,000 8,400 00 7,000 00 $19,300 $23,015 00 $19,300 00 Detailed Statement o f Railroad Bonds. Par Value. Vermont & Massachusetts R.R. 5s, Old Colony R.R. 6s, . . . New Bedford R.R. 7s, Boston & Providence R.R. 4s,. Boston & Lowell R.R. 4s, $1,000 1,000 1,000 10,000 5,000 $18,000 Estimated Market Value. $1,110 1,155 1,135 10,800 5,225 Amount Invested. 00 00 00 00 00 $19,425 00 $1,000 1,000 1,000 10,000 5,000 00 00 00 00 00 $18,000 00 lotal Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $2,000 00 9,714 77 Rate. 3 per cent. 3è “ Amount. $34,707 16 77,350 00 Rate. Amount. Rate. 4 per cent. 5 “ $101,224 00 6 per cent. Number of loans which are of an amount not exceeding $3,000 each,. 142 Aggregate amount of the s a m e , .......................................................................$100,674 00 Total number of loans upon real estate,..................................................... 122 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 12,779 57 Rate and amount of each semi-annual dividend during the ) 2 per cent., f 4,450 39 4,762 83 year ending Oct. 31, 1 8 8 9 , ..................................................... i 2 per cent., 1 Times for the dividends fixed by the by-laws : second Tuesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 238 Number of accounts closed during the year ending Oct. 31, 1889, . 165 Total number of open accounts Oct. 31, 1889, . . . . 1,279 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. 199 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .................................................................................................................. $1,266 74 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ......................................................................................... 72,439 68 Number of same....................................................................................... 1,785 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... 52,004 11 Number of s a m e , ........................................................................................ 873 Date of examination by commissioner : January 25. Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 1,539 $22,780 07 123 9,828 65 59 9.159 41 not not not 46 16,555 25 16 2 11,956 30 2.160 00 1,785 $72,439 68 ber. To the credit — Of women, both adult and minor, O f religious and chari table associations, . In trust................................. Amount. 833 $31,681 53 47 40 1,753 45 2,889 60 less C o m m o n w e a l t h of M a s s a c h u s e t t s . H a m p s h i r e , s s ., Nov. 15, 1889. Personally appeared M. W . Bond, Treasurer of the Florence Savings Bank, and made oath that the foregoing statement, by her subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by her to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to her best knowledge and belief. Before me, S. B. F u l l e r , Justice o f the Peace. H a m p s h i r e , s s ., N o v . 15, 1889. Personally appeared A. T. Lilly, President, and Sam’l Porter, H. F. Cutler, W . L. Wilcox, Geo. S. Graves and Geo. H. Pay, trustees of said corporation, and sever ally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, S. B. F u l l e r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 200 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan F O XB O R O U G H S A V IN G S B A N K — FO XB O R O U G H . Incorporated 1855. Present number of corporators, 36. C h a r l e s W . H o d g e s , President. E l i P h e l p s , Treasurer. E d w a r d M . P h e l p s , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Ch a r l e s W . H odges, A l l e n H. M e s s i n g e r , W m , H. Y o u n g , I s a a c P. C a r p e n t e r . Open for business every business da y, 9 B a l a n c e Sh e e t , O cto b er A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposits in banks, on interest, . Cash on hand, . . . . a .m . to 5 p . m . 31, 1889. L ia b il it ie s . $27,500 00 200 00 42,450 30,400 900 61,430 3,680 00 00 00 00 00 Deposits, . Guaranty fund, Earnings undivided,. $164,615 18 5,000 00 2,036 75 2,000 00 2,065 47 1,026 46 $171,651 93 $171,651 93 Cash on Deposit in Banks, amount in each : — Merchandise National Bank, Boston.....................................................................$1,129 24 Boston Safe Deposit and Trust Company, B o s t o n , .................................... 936 23 Loan on Public Funds : — On $200 United States 4 s , ................................................................................. $200 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis « 1890.] 201 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. City of Dover, N. H., 6 s,. of East Saginaw, Mich., 5s, of Fall River, Mass., 6s, . of Keene, N. H., 4s,. of Keene, N. H., 5 s,. of Lynn, Mass., 5s, . of South Norwalk, Conn., 6s, . Town of Winthrop, Mass., 5s, $1,000 5,000 2,000 2,000 2,500 9,000 5,000 1,000 $27,500 Estimated Market Value. $1,060 5,675 2,350 2,090 2,762 10,530 5,675 1,160 00 00 00 00 50 00 00 00 $31,302 50 Amount Invested. $1,000 5,000 2,000 2,000 2,500 9,000 5,000 1,000 00 00 00 00 00 00 00 00 $27,500 00 No. of Shares. Detailed Statement o f Bank Stocks. Par Value. Estimated Market Value. Amount Invested. w 35 22 6 20 8 29 30 38 10 43 40 15 14 25 10 40 36 5 Blackstone N’l Bank, Boston, Boylsion Nat’l Bank, Boston, Continental N’l Bank, Boston, Everett Nat’l Bank, Boston, . Faneuil Hall N’l B’k, Boston, Market Nat’l Bank, Boston, . Merchandise N’l Bank, Boston, Metropolitan N’l B’k, Boston, National City Bank, Boston, . National Eagle Bank, Boston, N’l Hide & Leather B’k, Boston, Nat’l Webster Bank, Boston,. Old Boston N’l Bank, Boston, Shoe & Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . Third National Bank, Boston, Dedham Nat’l Bank, Dedham, N’l B’k of Wrentham, Wrent h a m ,................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3,500 2,200 600 2,«)00 800 2,900 3,000 3,800 1,000 4,300 4,000 1,500 1,400 2,500 1,000 4,000 3,600 $3,867 3,036 735 2,020 1,128 2,842 2,100 3,952 950 4,429 4,800 1,500 1,666 2,346 1,152 4,120 4,104 50 00 00 00 00 00 00 00 00 00 00 00 00 25 50 00 00 $3,500 2,200 600 2,000 800 2,900 3,000 3,800 1,000 4,300 4,000 1,500 1,400 2,500 1,000 4,000 3,600 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 350 400 00 350 00 $42,450 $45,148 25 $42,450 00 202 BANK C O M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Androscoggin & Kennebec R.R. 6s, Boston & Providence R.R. 7 s ,. Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . Old Colony R.R. 6s, Salem & Lowell R.R. 6s, Vermont & Massachusetts R.R. 5s,. $6,700 5,000 2,000 5,000 2,000 4,000 700 5,000 $30,400 Estimated Market Value. Amount Invested. $6,767 00 5,525 00 2,350 5,40C 2,000 4,530 815 5,550 $6,700 00 5,000 00 00 00 00 00 50 00 $32,937 50 2,000 5,000 2,000 4.000 700 5,000 00 00 00 00 00 00 $30,400 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $2,065 47 2,000 00 Rate. 2 per cent. 4 “ Amount. $61,320 00 Rate. 6 per cent. Amount. $3,990 00 Rate. 7 per cent. Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 94 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 87 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the 1 2 per cent., l year ending Oct. 31, 1889.......................................................... j 2 per cent., j Times for the dividends fixed by the by-laws : Wednesday after the first Monday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, . 163 Number of accounts closed during the year ending Oct. 31, 1889, . 110 Total number of open accounts Oct. 31, 1889.............................................. 776 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... Number of s a m e , ..................................................................................... 755 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... Number of s a m e , ..................................................................................... 557 Date of examination by commissioner: January 29. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * $900 00 1,250 00 7 75 59,810 00 3,000 00 8,682 57 2,750 70 2,963 71 483 39 50,883 35 39,597 61 203 P U B L IC D O C U M E N T — No. 8. 1890.] Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . Of $1,000 or more, . Num Amount. ber. 538 $11,439 58 122 10,192 85 43 6,293 26 44 16,582 66 . 7 1 5,375 00 1,000 00 755 $50,883 35 To the credit— Of women, both adult and minor, O f religious and chari table associations, . In trust, . . . . not not not Amount. 274 $19,840 38 17 42 763 58 2,781 44 less Com m onw ealth of M assach usetts. N orfolk, ss ., N ov . 6, 1889. Personally appeared Eli Phelps, Treasurer of the Foxborough Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, N orfolk , F r e d . H. W il l ia m s , Justice o f the Peace. F oxborough , N ov . 7, 1889. ss . Personally appeared Charles W . Hodges, President, and W m . B. Crocker, Ezra Pickens, C. Calvin Sumner, A. H. Messinger and W . H. Torrey, trustees of said corpo ration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, E d w a r d M. P h e l p s , Justice o f the Peace. 204 [Jan B A N K CO M M ISSIO N ERS’ R E P O R T . F R AM IN 'G H AM S A V IN G S B A N K — SOUTH F R A M IN G H A M . Incorporated 1846. Present number of corporators, 46. F r a n k l in E . G r e g o r y , President. L u t h e r F . F u l l e r , Treasurer. L u t h e r F. F u l l e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds : F r a n k l in E . G r e g o r y , J. H e n r y R o b in s o n , S a m ’l B . B i r d , A d r ia n F o o t e , F r a n k l in M a n so n , F r a n c is C. S t e a r n s , E dw ard F. K en d a ll. Open fo r business every business day, except Saturday, 9 a B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Premium account, Trustees of C. C. Esty estate, . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)......................................... Loans on depositors’ books, Interest on loans to depositors, . Deposit in bank, on interest, Furniture,.................................... Commonwealth Ave. Land Co., Accrued interest, Cash on band, . . . . 9 a .m . to 3 p .m . ; Saturday, . m . to 12 M . 31,1889. L ia b il it ie s . $174,500 158,700 600 76,000 69,585 14.000 33,950 516,248 396,936 00 00 17.000 304,954 34,848 49,597 1,285 3,846 9,911 00 25 34 45 00 00 10 00 00 Deposits, . Profit and loss ac count, . $1,860,725 51 1,247 49 75 00 00 68 32 10 11 $1,861,973 00 $1,861,973 00 Cash on Deposit in Bank *— Framingham National Bank, South F r a m i n g h a m ,....................................$49,597 45 Loan on Bank Stock : — On 6 shares Waltham National Bank, Waltham............................................. $600 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 205 P U B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Providence, R. I., 5s, . of Providence, R. I., 4 is ,. Town of Spencer, Mass., 4s, . City of Norwalk, Conn., 4s, . of Portsmouth, N. IL, 4s, Town of Marlborough, Mass., 4s, . City of Lewiston, Me., 5s, of Keene, N. I I , 4 s,. of Lowell, Mass., 4s, of Boston, Mass , 4s, United States 4s, $25,000 5,000 20,000 30,000 2,000 20,000 9,000 23,000 20,000 20,000 500 $174,500 *A Estimated Market Value. $27,700 5,425 21,500 32,250 2,040 21,400 10,170 24,265 21,200 20,900 632 00 00 00 00 00 00 00 00 00 00 00 $187,482 00 Amount Invested. $25,000 5,000 20,000 30,000 2,000 20,000 9,000 23,000 20,000 20,000 500 00 00 00 00 00* 00 00 00 00 00 00 $174,500 00 legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 6 19 33 119 100 155 30 165 15 136 180 85 30 10 90 50 30 65 92 98 100 Par Value. Atlas Nat’l Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . N’l B’k of Commerce, Boston, Continental N’l B’k, Boston, . Eliot National Bank, Boston,. Freeman’s N’l Bank, Boston, First Nat’l Bank, Boston, Globe National Bank, Boston, Howard Nat’l Bank, Boston, . N’ l Hide & Leather B’k, Boston, Mt. Vernon N’l Bank, Boston, Market Nat’l Bank, Boston, . N’l B’k of No. America, Boston, N’l B’k of the Republic, Boston, Shoe &Leather N’l B’k,Boston, Second Nat’l Bank, Boston, . Nat’l Webster Bank, Boston, . M erchants ’ N ation al Bank, Portland, M e , . . . Framingham National Bank, South Framingham, . South Framingham National Bank, South Framingham,* Central Nat’l Bank, Boston, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $600 1,900 3,300 11,900 10,000 15,500 3,000 16,500 1,500 13,600 18,000 8,500 3,000 1,000 9,000 5,000 3,000 6,500 Estimated Market Value. $708 2,090 4,026 15,232 12,200 20,150 3,105 40,012 1,470 14,960 21,600 11,730 2,940 1,220 14,850 4,700 5,250 6,500 00 00 00 00 00 00 00 50 00 00 00 00 00 00 00 00 00 00 Amount Invested. $600 1,900 3,300 11,900 10,000 15,500 3,000 16,500 1,500 13,600 18,000 8,500 3,000 1,000 9,000 5,000 3,000 6,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 6,900 10,856 00 6,900 00 9,800 15,190 00 9,800 00 200 10,000 200 00 13,500 00 200 00 10,000 00 $158,700 $222,489 50 $158,700 00 * This hank is in process of liquidation. 206 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Estimated Market Value. Par Value. Newport & Riehford R.R. 5s, . Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . . . . Salem & Lowell R.R. 6 s,. Boston & Lowell R.R. 5s, Boston & Lowell R.R. 7s, t $20,000 20,000 25,000 5,000 3,000 3,000 $21,000 21,000 24,000 5,800 3,300 *■8,465 ■$76,000 $78,565 00 Amount Invested. 00 00 00 00 00 00 $20,000 20,000 25,000 5,000 3,000 3,000 00 00 00 00 00 00 $76,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $49,597 45 17,000 00 55,000 00 Rate. Amount. Rate. 4| per cent. $357,352 25 520,636 68 5 per cent. Amount. 2£ per cent. 3à “ 4 “ $70,000 00 100,000 00 115,748 32 4| Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 310 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real estate,. . . . . . 321 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , .............................................................. #. . Times for the dividends fixed by the by-laws : May and November. Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)........................................................................................................................ Date of examination by commissioner : October 2. Co m m o n w e a lth of 6 “ $33,950 00 35,000 00 346 00 315,514 00 9,846 00 84,221 85 3,177 96 M assa ch u setts. M id d l e s e x , ss ., N ov . 27, 1889. Personally appeared Luther F. Fuller, Treasurer of the Framingham Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters t > which they relate, according to his best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, J o s e p h S. A d a m s , Justice o f the Peace. 1890.] 207 P U B L IC D O CU M EN T — No. 8. M id d l e s e x , ss ., N o v . 27, 1889. Personally appeared Franklin E. Gregory, President, Sam’l B. Bird, J. Henry Rob inson, Franklin Manson, Adrian Foote, Francis C. Stearns, John S. Cullen, Geo. C. Travis, Edward F. Kendall, Walter Adams, Clifford Folger, S. H. Williams, and L. F. Fuller, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, J o se p h S. A d a m s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 208 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan F R A N K L IN S A V IN G S B A N K — BOSTON. Incorporated 1861. Present number of corporators, 79. F r e d e r ic W . L in c o l n , President. E b e n e z e r A l e x a n d e r , Treasurer. G e o . A . F i s h e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds: A u g u stu s P a r k e r , A braham A ve ry, T h o s . J. W h id d e n , D . R . E m erson, J a c ob A . D r e s s e r . Open for business every business day, 9 a . m . to 2 p . m . ; also on Saturday, 3 to 5 p .m . Balance Sheet, October 31, 1889. A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposit in banks, on interest, . Expense account, Cash on hand, . . . . L ia b il it ie s . $408,000 3,500 375,574 19,150 197.000 3,504,285 1,223,305 00 00 12 00 00 07 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $5,824,205 18 164.000 00 58,134 87 14,409 05 100.000 00 218,306 22 4,495 53 7,133 16 $6,060,749 10 $6,060,749 10 Cash on Deposit in Banks, amount in each: — Boylston National Bank, Boston, National Revere Bank, Boston, . . Continental National Bank, Boston, North National Bank, Boston, . . . . . . $70,327 31,249 66,729 50,000 17 14 91 00 Loan on Public Funds : — On $3,000 United States 4^s, . On $500 United States 4s.................................................... j $3,500 00 Loans on Bank Stock, amount on each : — On 200 shares Broadway National Bank, Boston, On 20 shares Continental National Bank, Boston, On 20 shares First National Bank, South Weymouth, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $16,000 00 1,950 00 1,200 OO 1890.] 209 P U B L IC DO CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. District of Columbia 7s, District of Columbia 6s, City of Somerville, Mass , 5s, of Springfield, Mass., 7s, of Boston, Mass., 5s, of Boston, Mass., 6s, of Providence, R I., 5s, . of Cambridge, Mass., 6s, of Fall River, Mass., 6s, . of Newton,"Mass., 4s, of Columbus, Ohio, 4s, . of Cleveland, Ohio, 4s, . Town of Brookline, Mass , 4s, of Spencer, Mass., 4s, . Estimated Market Value. Amount Invested. $10,500 I $134,475 00 98,500 $ 50,000 54,000 00 10,000 13,800 00 3,000 3,585 00 2,000 2,550 00 6,000 6,850 00 1,000 1,295 00 4,000 5,000 00 43,000 46,400 00 40,000 40,400 00 20,400 00 20,000 40,125 00 40,000 80,000 85,600 00 $ $10,500 00 \ 98,500 00 50.000 00 10,000 00 3,000 00 2,000 00 6,000 00 1,000 00 4,000 00 43,000 00 40,000 00 20,000 00 40,000 00 80,000 00 $454,480 00 $408,000 00 $408,000 No. of Shares. Detailed Statement o f Bank Stocks. 200 41 200 23 235 200 60 205 201 22 81 156 106 135 200 48 200 172 200 200 55 200 130 129 20 209 50 84 Par Value. Atlas National Bank, Boston, Atlantic Nat’l Bank, Boston, . Blackstone N’l Bank, Boston, Boylston Nat’l Bank, Boston, Continental N’l Bank, Boston, National City Bank, Boston, . N’l B’k of Commerce, Boston, Columbian N’l Bank, Boston, N’l Exchange Bank, Boston, . Eliot National Bank, Boston,. Everett Nat’l Bank, Boston, . Freeman’s Nat’l Bank, Boston, Fourth Nat’l Bank, Boston, . First Ward N’l Bank, Boston, Globe National Bank, Boston, Merchandise N’l B’k, Boston, N’l B’k of No. America, Boston, North National Bank, Boston, Old Boston N’l Bank, Boston, Nat’l Revere Bank, Boston, . Second Nat’l Bank, Boston, . Shoe & Leather N’l B’k, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . National Union Bank, Boston, Nat’l Webster Bank, Boston, Third Nat’l Bank, Springfield, Naumkeag Nat’l Bank, Salem, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $20,000 4,100 20,000 2,300 23,500 20,000 6,000 20,500 20,100 2,200 8,100 15,600 10,600 13,500 20,000 4,800 20,000 17,200 20,000 20,000 5,500 20,000 13,000 12,900 2,000 20,900 5,000 8,400 $376,200 Estimated, Market Value. $23,650 5,842 22,500 3,059 28,787 19,000 7,680 24,907 25,627 2,893 8,343 16,185 12,481 17,853 19,700 3,336 24,450 23,908 23,800 24,800 9,625 18,850 15,730 14,867 2,860 20,900 8,750 11,760 00 50 00 00 50 00 00 50 50 00 00 00 50 75 00 00 00 00 00 00 00 00 00 25 00 00 00 00 Amount Invested. $20,000 4,100 20,000 2,300 23,500 20,000 6,000 20,500 20,100 2,200 7,873 15,600 10,600 13,500 19,619 4,781 20,000 17,200 20,000 20,000 5,500 20,000 13,000 12,900 2,000 20,900 5,000 8,400 00 00 00 00 00 00 00 00 00 00 62 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 $442,146 50 $375,574 12 210 [Jan B A N K CO M M ISSIO N ERS’ R E P O R T . Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 5s, . Boston & Maine R.R. 7s, . Old Colony R.R. 6 s,. N. Y. & N. E. R.R. (terminal) 4s, . Estimated Market Value. Amount Invested. 00 $114,000 00 30.000 00 00 3,000 00 00 00 50.000 00 $114,000 30.000 3,000 50.000 $119,700 33,600 3,465 55,000 $197,000 $211,765 00 $197,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $218,306 251.000 160.000 135,000 22 00 00 00 2 per cent. 4 “ 44 “ 4§ “ Amount. $1,059,700 192,800 2,513,993 352,490 00 00 87 00 Rate. Amount. Rate. 44 per cent. 4| 5 “ 54 “ $170,206 20 10,550 00 4,500 00 6 per cent. 64 “ 7 Number of loans which are of an amount not exceeding $3,000 each, . 307 Aggregate amount of the s a m e , ....................................................................... $580,938 Total number of loans upon real e s t a t e , ............................................ 586 4,781 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 287,115 year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the ) 2 per cent., $ 103.530 107.531 year ending Oct. 31, 1 8 8 9 ,......................................................) 2 per cent., c Times for the dividends fixed by the by-laws: February 1 and August 1. Number of accounts opened during the year ending Oct. 31, 1889, 2,416 Number of accounts closed during the year ending Oct. 31, 1889, 1,616 Total number of open accounts Oct. 31, 1889.................................... 12,741 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 18,628 ta x e s ),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. 1,261,091 Number of s a m e , .................................................................................12,292 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 1,090,781 Number of s a m e , .................................................................................9,135 Date of examination by commissioner: September 3. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 28 00 88 22 75 11 43 31 1890.] 211 P U B L IC DO CU M EN T — No. 8. Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 7,548 $167,897 30 2,104 176,548 09 1,137 181,433 31 1,130 431,420 00 221 152 150,586 14 153,206 59 Num ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . Amount, 4,114 54 $487,457 29 18,355 23 58 1,150 12,054 47 125,901 96 12,292 $1,261,091 43 Co m m on w ealth of M assach u setts. S u f f o l k , ss ., N o v . 7, 1889. «, Personally appeared Ebenezer Alexander, Treasurer of the Franklin Savings Bank of the city of Boston, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W m. E. H o o p e r , Justice o f the Peace. S uffolk, ss ., N o v . 9, 1889. Personally appeared Frederic W . Lincoln, President, and on November 7, Augustus Parker and James P. Tolman; on November 8, Jacob A . Dresser; on November 11, James Longley and W m. H. Baldwin, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, W m. E. H o o p e r , Justice o f the Peace. 212 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan F R A N K L IN S A V IN G S IN S T IT U T IO N — G R E E N F IE L D . Incorporated April 2, 1834. Present number of corporators, 21. Sam ’ l 0 . L amb, President. W m, H. A llen , Treasurer. F ranklin R. A llen , Clerk o f the Corporation. Names of committee charged with the investment of its funds: Sam ’ l 0. L amb , Joseph: Griswold , Joseph W. Stevens, H enry F. N ash , L ecius N ims . Open for business every business day, 9 a .m . B a l a n c e Sh e e t , O cto b er to 12.30 p . m ., 2 to 4 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad stock, Railroad notes, . . . . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Loans on depositors’ books, Deposits in banks, on interest, . Expense account, Unpaid interest............................. Cash on hand................................ p .m . L ia b il it ie s . $1,087,832 68,600 30,689 362,500 500 25,000 3,150 668,441 677,281 63 00 00 00 00 45 22 00 151,000 3,078 193,852 2,410 1,507 1,418 00 00 28 37 33 77 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $3,277,261 05 $3,107,347 28 132,750 00 ■ 28,685 58 8,478 19 $3,277,261 05 Cash on Deposit in Banks, amount in each : — National Hide and Leather Bank, Boston, . . . . First National Bank, G ree n field ,............................................. City National Bank, Holyoke..................................................... Holyoke National Bank, Holyoke, . . . . . Home National Bank, Holyoke................................................... Chapin National Bank, S p r i n g f i e l d ,................................... City National Bank, S prin gfield,............................................. First National Bank, N o r t h a m p t o n ,.................................... $3,630 68,131 20,517 25,000 10,972 5,599 25,000 35,000 30 71 54 00 76 97 00 00 Loans on Bank Stock, amount on each : — On 98 shares Hampshire County National Bank, Northampton, On 26 shares First National Bank, Northampton, . On 37 shares First National Bank, Northampton, . On 10 shares City National Bank, Worcester, On 3 shares First National Bank, Greenfield, On 20 shares Crocker National Bank, Turner’s Falls, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $12,400 00 2,889 63 1,000 00 300 00 1,100 00 1890.] P U B L IC DO CU M EN T — No. 8. On 5 shares Shelburne Falls National Bank, Shelburne Falls, On 17 shares First National Bank, Greenfield, On 25 shares First National Bank, Northampton, On 50 shares City National Bank, Gloucester, On 5 shares First National Bank, Greenfield, On 29 shares North National Bank, Boston, . . . . 213 $400 00 1,700 2,500 5,000 500 2,900 00 00 00 00 00 Loan on Railroad Stock: — $500 00 On 5 shares Connecticut River R . R . , .................................... Detailed Statement o f Public Funds. Par Value, City of Boston, Mass., 6s, of Boston, Mass., os, of Brockton, Mass., 5s, . of Cambridge, Mass., 6s, of Dayton, Ohio, 6s, of Detroit, Mich., 4s, of Fitchburg, Mass., 6s, . of Fall River, Mass., 5s, . of Fall River, Mass., 6s, . of Fall River, Mass , 4s, . of Grand Rapids, Mich., 5s, . of Holyoke, Mass., 6s, of Lawrence, Mass., 6s, . of Lynn, Mass., 6s, . of Lynn, Mass., 4s, . of Lowell, Mass., 6s, of Malden, Mass., 6s, of Nashua, N. H., 6s, of Peoria, 111., 4is, . of Providence, R. I., 6s, . of Providence, R. I., 5s, . of Springfield, Mass., 7s, of Springfield, Mass., 6s, of East Saginaw, Mich., 5s, . of East Saginaw, Mich., 4s, . of Springfield, Ohio, 6s, . of Springfield, Ohio, 5s, . of Taunton, Mass., 6s, of Worcester, Mass , 5s, . Town of Adams, Mass , 6s, of Amherst, Mass., 7s, . of Brattleborough, Y t , 4s, . of Brookline, Mass , 7s, of Chicopee Falls, Mass., 4s, of Chicopee Falls, Mass., 4^s, of Chatham, Mass., 4^s, of Everett, Mass., 6s, . of Greenfield, Mass., 4s, of Greenfield, Mass., 4Js, of Gill, Mass , 5s, . of Marblehead, Mass., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $43,000 29,000 28,000 19,000 17,000 25,000 13,000 4,000 21,000 50,000 50,000 46,000 30,'000 10,000 10,000 25,000 60,000 75,000 25,000 100,000 25,000 30,000 4,000 25,000 25,000 25,832 25,000 1,000 18,000 25,000 20,000 14,000 42,000 6,000 2,000 5,000 25,000 35,000 25,000 5,000 25,000 Estimated Market Value. $50,482 50 35,597 50 34,755 00 23,640 00 18,025 00 27,300 00 13,585 00 4,500 00 25,860 00 53.375 00 59,500 00 56,680 00 38,150 00 11,500 00 11,000 00 25,688 00 66,150 00 93,375 00 27,937 00 124,750 00 30.500 00 40,275 00 5,340 00 28,188 00 25,725 00 28,206 00 29,675 00 1,150 00 21,800 00 27,250 00 21,412 50 14,232 00 53,025 00 6,060 00 2,115 00 5,630 00 26,750 00 35,525 00 25,000 00 5,000 00 26,500 00 Amount Invested. $43,000 00 29,000 00 28,000 00 19,000 00 17,000 00 25,000 00 13,000 00 4,000 00 21,000 00 50,000 00 50,000 00 46,000 00 30,000 00 10,000 00 10,000 00 25,000 00 60,000 00 75,000 00 25,000 00 100,000 00 25,000 00 30,000 00 4,000 00 25,000 00 25,000 00 25,832 00 25,000 00 1,000 00 18,000 00 25,000 00 20,000 00 14,000 00 42,000 00 6,000 00 2,000 00 5,000 00 25,000 00 35,000 00 25,000 00 5,000 00 25,000 00 $1,087,832 $1,261,208 5C $1,087,832 00 214 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 10 153 5 87 125 102 100 25 49 30 Par Value. Adams N’l B’k, North Adams, N’l B’k of Commerce, Boston, Faneuil Hall N’l B’k, Boston, N’l B’k of No. America, Boston, Nat’l Bevere Bank, Boston, . Nat’l Webster Bank, Boston, First Nat’l Bank, Greenfield, Franklin County Nat’l Bank, Greenfield, . . . . First N’l Bank, Northampton, Pittsfield N’l Bank, Pittsfield, Estimated Market Value. $1,000 15,300 500 8,700 12,500 10,200 10,000 $1,350 19,584 v 720 10,635 15,500 10,200 19,000 00 00 00 00 00 00 00 Amount Invested. $1,000 15,300 500 8,700 12,500 10,200 10,000 00 00 00 00 00 00 00 2,500 4,900 3,000 2,500 00 6,125 00 4,860 00 2,500 00 4,900 00 3,000 00 $68,600 $90,474 00 $68,600 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R R. 6s, Boston & Albany R.R. 7s, Boston & Albany R.R. 6s, Eastern R.R. 6s, . . . Fitchburg R.R. 4s, . N. Y. & N. E. R.R. (terminal) 4s, Vermont & Massachusetts R R . 5s, Vermont Valley R.R. 5s, $25,000 26,000 4,000 57,500 100,000 50.000 50.000 50.000 Estimated Market Value. $28,500 28,080 4,500 72,450 97.000 55,875 56,500 55.000 00 00 00 00 00 00 00 00 $362,500 $397,905 00 *A Amount Invested. $25,000 26,000 4,000 57,500 100,000 50.000 50.000 50.000 00 00 00 00* 00 00 00 00 $362,500 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Rate. $916 22 3,630 30 68,131 71 0 per cent. 2 2* “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $408,390 27 204,000 00 75,000 00 Rate. 4 per cent. 4| “ 4f “ Amount. $170,200 00 818,624 08 950 00 Rate. 4J per cent. 5 6 » 215 P U B L IC D O CU M EN T — No. 8. 1890.] $3,150 00 Value, by books, of real estate, held by foreclosure or otherwise, 4,247 00 Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each, 522 459,461 90 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , ............................................. 508 1,066 22 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 159,091 35 year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the 1 2 per cent., f 60,652 67 60,751 88 year ending Oct. 31, 1889.......................................................... 1 2 per cent., 1 Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 610 Number of accounts closed during the year ending Oct. 31, 1889, . 624 Total number of open accounts Oct. 31, 1889, . . . . 7,067 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 5,508 22 taxes)....................................................................................................................... Amount of deposits, not including dividends, received during the year end 278,180 69 ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ............................................................................... 3,269 Amount of withdrawals, including dividends, during the year ending Oct. 384,276 44 31, 1889..................................................................................................................... Number of s a m e , ............................................................................... 3,569 Date of examination by commissioner: October 16. Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . • Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 2,328 $43,204 24 403 33,856 84 208 33,049 23 231 82,493 77 50 49 35,076 61 50,500 00 3,269 $278,180 69 ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ not not not Amount. 1,625 9 $127,452 26 875 00 90 72 8,010 62 14,753 80 less Commonwealth F ranklin , ss. of M assachusetts. Greenfield , N ov. 9, 1889. Personally appeared W m. H. Allen, Treasurer of the Franklin Savings Institution, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, F ranklin , Chester C. Conant, Justice o f the Peace. Greenfield , N ov. 9, 1889. ss. Personally appeared Sam’l O. Lamb, President, and Adams C. Deane, Joseph W. Stevens, Franklin R. Allen, Franklin G. Fessenden and Lucius Nims, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, Chester C. Conant, Justice o f the Peace. 216 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan G A R D N ER S A V IN G S B A N K — G A R D N E R . Incorporated 1868. Present number of corporators, 55. F ranklin E aton, President. John D. E dgell , Treasurer. V olney W. II owe, Clerk o f the Corporation. Names of committee charged with the investment of its funds : F ranklin E aton, John E dgell , S. W. A. Stevens, E zra Osgood, R. L. B ent. Open for business every business day, except Saturday, 9 Saturday, close at 2 p .m . B a l a n c e Sh e e t , O c to b er A ssets. a .m . to 12 m ., 1 to 4 p .m . ; 31, 1889. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), ................................... Deposits in banks, on interest, . Deposits in banks, not on interest, Expense account, Cash on hand, . . . . • $22,250 00 108,800 00 6,000 00 96.000 00 471,249 09 260,148 15 108,500 48,194 24.000 552 152 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $1,070,774 88 44,160 33 14,112 97 16,798 21 00 08 00 96 11 $1,145,846 39 $1,145,846 39 Cash on Deposit in Banks, amount in each: — Maverick National Bank, Boston, . . .............................................$23,083 30 First National Bank, G a r d n e r ,........................................................................ 34,000 00 Westminster National Bank, W estm inster,...................................................... 15,000 00 Pacific National Bank, B o s t o n , ........................................................................ 110 78 Loans on Bank Stock, amount on each : — On On On On 2 shares First National Bank, G ardner,.................................................................$200 00 10 shares First National Bank, G a r d n e r , ............................................. 1,000 00 10 shares Westminster National Bank, Westminster, . . . . 800 00 53 shares Westminster National Bank, Westminster, . . . . 4,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 217 PU B LIC D O CU M EN T — No. 8 Detailed Statement of Public Funds. Par Value. United United City of of of States 4s, States 4is, . . . Cleveland, Ohio, 7s, Cleveland, Ohio, 6s, Cleveland, Ohio, 4s, . $1,100 1,150 5,000 5,000 10,000 $22,250 Estimated Market Value. $1,397 1,213 5,375 5,590 10,350 00 25 00 00 00 $23,925 25 Amount Invested. $1,100 1,150 5,000 5,000 10,000 00 00 00 00 00 $22,250 00 Ko. of Shares. Detailed Statement o f Bank Stocks. 20 18 10 10 25 125 15 50 50 50 5 11 50 50 15 20 50 16 5 50 25 29 84 100 100 35 50 20 Par Value. First N’l Bank, Ashburnham, Miller’s River N’l B’k, Athol, Metropolitan N’l B’k, Boston, Central Nat’l Bank, Boston, . Howard Nat’l Bank, Boston, . Boston Nat’l Bank, Boston, . Continental N’l Bank, Boston, Merchandise N’l B’k, Boston, State National Bank, Boston,. N’l Hide & Leather B’k, Boston, New England N’l B’k, Boston, Nat’l Eagle Bank, Boston, N’l B’k of the Republic, Boston, N’l B’k of the Commonwealth, Boston, . . . . Mechanics’ N’l Bank, Boston, Merchants’ N’l Bank, Boston, Blackstone N’l Bank, Boston, Nat’l Exchange Bank, Boston, Everett Nat’l Bank, Boston, . Eliot National Bank, Boston,. Shoe & Leather N’l B’k, Boston, Rollstone N’l B’k, Fitchburg, First Nat’l Bank, Gardner, Orange Nat’l Bank, Orange, . Crocker N’l B’k,Turner’s Falls, First Nat’l Bank, Winchendon, Mechanics’ N’l B’k,Worcester, Citizens’ N’l Bank, Worcester, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 2 ,0 0 0 1,800 1 ,0 0 0 1 ,0 0 0 2,500 12,500 1,500 5,000 5,000 5,000 500 1 ,1 0 0 5,000 5,000 1,500 2 ,0 0 0 5,000 1,600 500 5,000 2,500 2,900 8,400 1 0 ,0 0 0 1 0 ,0 0 0 3,500 5,000 2 ,0 0 0 Estimated Market Value. $ 2 ,1 0 0 0 0 3,150 1,040 1,352 2,750 15,250 1,837 3,431 6,050 00 00 50 00 00 50 25 00 6 ,0 0 0 0 0 811 25 1,133 00 8,350 00 8,487 1,950 2,845 5,637 2,040 515 6,575 2,356 4,350 9,660 13,000 13,000 5,075 5,750 50 00 00 50 00 00 00 25 00 00 00 00 00 00 2 ,2 0 0 0 0 Amount Invested. $ 2 ,0 0 0 00 1,800 00 1 ,0 0 0 1 ,0 0 0 00 00 2,500 12,500 1,500 5,000 5,000 5,000 500 00 00 00 00 00 00 00 1 ,1 0 0 00 5,000 00 5,000 1,500 00 00 2 ,0 0 0 0 0 5,000 1,600 500 5,000 2,500 2,900 8,400 1 0 ,0 0 0 1 0 ,0 0 0 00 00 00 00 00 00 00 00 00 3,500 0 0 5,000 00 2 ,0 0 0 00 $108,800 $136,696 75 $108,800 00 218 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R R. 7s, Boston & Maine R.R. 7 s,. Boston.Revere Beach&Lynn R.R.6s, Conn. & Passumpsic Rivers R.R. 7s, Old Colony R.R. 4^s, Fitchburg'R.R. 6s, . Fitchburg R.R 4s, . Fitcl burg R.R. 4±s, . . . . Boston & Lowell R.R. 4s, Old Colony R.R. 6s,. $13,000 5.000 5.000 10,000 5.000 5.000 18,000 25,000 5.000 5.000 $96,000 Estimated Market Value. $13,910 5,500 5,675 10,950 5,475 5,550 17,280 25,000 5,200 5,650 Amount Invested. 00 00 00 00 00 00 00 00 00 00 $100,190 00 $13,000 5.000 5.000 10,000 5.000 5.000 18,000 25,000 5.000 5.000 00 00 00 00 00 00 00 00 00 00 $96,000 00 Total Amount of Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $110 78 23,083 30 10,000 00 Kate. 0 2£ 3 per cent. “ Amount. $116,800 00 80,000 00 214,719 17 Rate. 4 4h 5 per cent. “ Amount. $20,346 00 429,032 07 Number of loans which are of an amount not exceeding $ 3,000 each, . 637 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,..................................................... 651 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... Rate and amount of each semi-annual dividend during the 1 2 per cent., year ending Oct. 31, 1 8 8 9 , ............................................ •) 2 per cent.. Times for the dividends fixed by the by-laws: Tuesday before first Wednesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 557 Number of accounts closed during the year ending Oct. 31, 1889, . 474 Total number of open accounts Oct. 31, 1889, . . . . 3,513 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,............................................ Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,................................... Number of same........................................... 2,623 Amount of withdrawals, including dividends during the year ending Oct. 31, 1889,................................... Number of same, . . . . 1,926 Date of examination by commissioner: September 6. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Kate. 5^ per cent. 6 $398,949 09 110 78 58,211 27 19,582 39 19,986 46 3,220 96 202,973 74 198,692 24 219 P U B L IC D O C U M E N T — No. 8. 1890.J Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . » .. . Num Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Amount. 1,790 $37,457 98 401 33,270 41 221 33,821 70 156 53,572 81 37 18 26,475 87 18,374 97 2,623 $202,973 74 not not not ber. To the credit — Of women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust, . . . . Amount. 1,178 20 $80,106 56 3,393 53 37 33 4,463 14 8,491 27 less Commonwealth of M assachusetts. W orcester, ss., Nov. 16, 1889. Personally appeared John D. Edgell, Treasurer of the Gardner Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, T hatcher B. D unn, Justice o f the Peace. W orcester, ss., N ov. 18, 1889. Personally appeared Franklin Eaton, President, and Seth Heywood, Henry Heywood, Charles W . Conant, Roderic L. Bent, Alvin M. Greenwood, Charles F. Richardson and Yolney W . Howe, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, John D. E dgell , Justice o f the Peace. 220 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. G E O R G E T O W N S A V IN G S B A N K — G E O R G E T O W N . Incorporated 1869. Present number of corporators, 58. J e r e m ia h P. J o nes , President. G e o . S. W esto n , O r l a n d o B. T e n n e y , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds: J o h n A. H o y t , S h e r m a n N e l so n , O l i v e r S. B u t l e r . Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 12 m . a .m . to 12 m ., 1.30 to 4 p .m . ; B alance Sheet , October 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad stock, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Loans on depositors’ books, Deposits in banks, on interest, . Deposit in bank, not on interest, Cash on hand, . . . . $20,500 00 12,800 00 6,000 00 6,000 00 950 1,350 301,358 85,061 $449,434 32 12,500 00 4,437 15 Deposits, . Guaranty fund, Interest account, 00 00 03 10 7,500 00 1,150 00 21,416 14 2,000 00 286 20 $466,371 47 $466,371 47 Cash on Deposit in Banks, amount in each : — Georgetown National Bank, Georgetown, First National Bank, M e r r im a c ,................................... . $11,416 14 12,000 00 Loans on Bank Stock, amount on each : — On 47 shares On 10 shares On 10 shares On 25 shares Georgetown National Bank, Georgetown, Hingham National Bank, Hingham, Market National Bank, Boston, Georgetown National Bank, Georgetown, .j $5,000 00 1,000 00 Loan on Railroad Stock: — On 9 shares Boston, Revere Beach & Lynn R.R., https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $950 00 1890.J 221 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. City of Bath, Me., 6s, of Bangor, Me., 6s, . of Bangor, Me., 7s, . . of Belfast, Me , 6s, . of Portland, Me., 6s, of Rockland, Me., 6s, Town of Melrose, Mass., 7s, . County of Merrimack, N. H., 6s, Estimated Market Value. $2,500 2,000 2,000 4,000 1,000 3,000 2,000 4,000 $2,550 2,100 2,200 4,000 1,100 3,000 2,300 4,000 $20,500 Amount Invested. 00 00 00 00 00 00 00 00 $2,500 2,000 2,000 4,000 1,000 3,000 2,000 4,000 $21,250 00 00* 00* 00* 00* 00* 00* 00 00 $20,500 00 * Legal investments when made. No. of Shares. Detailed Statement o f Bank Stocks. Par Value. 10 Market Nat’l Bank, Boston, . 13 Columbian N’l Bank, Boston,. 30 Manufactures’ N’l B’k, Boston, 30 State National Bank, Boston, . 45 Georgetown National Bank, Georgetown, . . * . $1,000 1,300 3,000 3,000 * Estimated Market Value. Amount Invested. $980 1,560 3,060 3,600 $1,000 1,300 3,000 3,000 00 00 00 00 00 00 00 00 4,500 4,860 00 4,500 00 $12,800 $14,060 00 $12,800 00 Detailed Statement o f Railroad Bonds. Fitchburg R.R. 4s, . Par Value. Estimated Market Value. $ 6 ,0 0 0 $ 6 ,0 0 0 0 0 Amount Invest d $ 6 ,0 0 0 0 0 Total Amount o f Loans with Each Specified Rate of Interest, including Deposits in Banks on Interest. Kate. Amount. $9,416 12,000 7,500 18,000 14 00 00 00 3 per cent. 3è “ 4 “ 4i “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $41,870 00 8,000 00 18,496 00 Rate. 5 per cent. 5i “ 5è “ Amount. $270,432 13 3,870 00 33,851 00 Kate. 6 per cent. 6A << 7 “ 222 B A N K CO M M ISSIO N ERS’ R E P O R T . Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the same, . ............................................................... Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 303 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,..................................................... 277 Gross amount of interest or profits received or earned, as per books, dur ....................................................................... ing year ending Oct. 31, 1889, Rate and amount of each semi-annual dividend during the 1 2£ per cent., f year ending Oct. 31, 1 8 8 9 , .....................................................J 2^ per cent., ( Times for the dividends fixed by the by-laws: third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 141 Number of accounts closed during the year ending Oct. 31, 1889, . 73 Total number of open accounts Oct. 31, 1889, . . . . 1,197 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889, . . . • ............................................................... Number of same...............................................................................................699 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... Number of s a m e , ......................................................................................... ..... Date of examination by commissioner: May 28. [Jan. $1,350 00 1,505 00 47 66 237,719 13 24,838 62 9,927 61 10,461 54 1,060 13 69,956 66 49,766 29 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 450 $10,400 16 104 8,479 04 70 11,141 78 50 17,856 09 15 10 10,791 29 11,288 30 699 $69,956 66 not not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, In trust, . . . . less Amount. 339 8 $30,668 25 923 53 8 20 1,198 39 2,288 45 C o m m o n w e a l t h of M a s s a c h u s e t t s . G e o r g e t o w n , N o v . 8, 1889. E s s e x , ss. Personally appeared Orlando B. Tenney, Treasurer of the Georgetown Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E s s e x , ss. C h a s . E. J e w e t t , Justice o f the Peace. G e o r g e t o w n , N ov . 8, 1889. Personally appeared Jeremiah P. Jones, President, and John A. Hoyt, Oliver S. Butler, Hiram N. Harriman, Henry P. Chaplin and Joseph E . Bailey, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C h a s . E. J e w e t t , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] PU B L IC D O CU M EN T — No. 8. 223 G R A F TO N S A V IN G S B A N K — G R AFTO N . Incorporated March 13, 1869. Present number of corporators, 47. H e n r y F. W in g * Treasurer. G e o r g e K . N ic h o l s , President. H e n r y F. W i n g , Clerk o f the Corporation. Names of committee charged with the investment of its funds: G e o . K . N ic h o l s , H o r a c e S. W a r r e n , S il a s V in t o n , D a n ie l N . G ib b s , Jo s e p h A . D o d g e . Open for business every business day, except Saturday. 9 Saturday, 9 B alance a .m . Sh e e t , O cto ber A ssets. q a .m . to 12 m ., and 1 to 4 p . m . ; to 12 m . 31, 1889. L ia b il it ie s . Bank stock as per schedule, Loan on bank stock, . Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in bank, on interest, . Deposit in bank, not on interest, $37,474 4,000 71,742 90,190 99 00 43 00* Deposits, . Guaranty fund, Interest account, $233,094 43 6,400 00 14,220 16 17.045 00 30,000 00 ' 3,262 17 $253,714 59 $253,714 59 * This bank has been notified to reduce this amount,within the legal limit. Cash on Deposit in Banks, amount in each: — Millbury National Bank, Millbury, First National Bank, Grafton, Grafton National Bank, Grafton, . $ 10,000 00 10,000 00 13,262 17 Loan on Bank Stock: — On 40 shares First National Bank, Grafton, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $4,000 00 224 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan No. of Shares. Detailed Statement o f Bank Stocks. 30 30 20 10 13 15 10 38 28 14 5 2 3 10 5 10 13 63 Par Value. N’l B’k of Redemption, Boston, Nat’l Revere Bank, Boston, . State National Bank, Boston, Shawmut Nat’l Bank, Boston, Nat’l Webster Bank, Boston, Howard Nat’l Bank, Boston, . North National Bank, Boston, Market Nat’l Bank, Boston, . N’l B’k of No. America, Boston, Traders’ Nat’l Bank, Boston,. Mannfacturers’N’l B’k, Boston, Massachusetts N’l B’k, Boston, National City Bank, Boston, . Eliot National Bank, Boston,. Fourth Nat’l Bank, Boston, . Spencer Nat’l Bank, Spencer, First Nat’l Bank, Grafton, Grafton Nat’l Bank, Grafton, $3,000 3,000 2,000 1,000 1,300 1,500 1,000 3,800 2,800 1,400 500 500 300 1,000 500 1,000 1,300 6,300 $32,200 Estimated Market Value. $4,035 3,740 2,460 1,300 1,306 1,684 1,395 3,810 3,423 1,358 525 550 300 1,310 590 1,150 1,586 7,434 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $37,926 00 Amount Invested. $4,187 3,814 2,040 1,222 1,476 1,744 1,206 4,276 3,200 1,949 550 677 363 1,230 500 1,000 1,462 6,575 75 00 00 75 12 50 25 00 25 50 00 12 25 00 00 00 50 00 $37,474 99 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Rate. Amount. Amount. Rate. Amount. Rate. • $30,000 00 17,045 00 3 per cent. 4 $85,130 00 23,260 30 4l4 per cent. 5 “ ' $57,542 13 6 per cent. Number of loans which are of an amount not exceeding $3,000 each, 73 Aggregate amount of the same, ....................................................................... $94,067 43 Total number of loans upon real estate........................................................61 Gross amount of interest or profits received or earned, as per books, dur ing year ending Oct. 31, 1 8 8 9 , ....................................................................... 12,744 33 Rate and amount of each semi-annual dividend during the j 2 per cent., J 4,574 84 year ending Oct. 3 1 ,1 8 8 9 ,......................................................I 2 per cent., 1 4,508 06 Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 82 Number of accounts closed during the year ending Oct. 31, 1889, . 56 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 781 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... 120 24 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... 33,759 48 . 443 Number of same, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 225 P U B L IC D O CU M EN T — No. 8. Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... ........ Number of s a m e , ......................................................................................... 339 Date of examination by commissioner: January 21. 34 Classification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. 319 $6,810 49 66 5,870 70 32 5,032 35 13 4,120 94 4 9 2,925 00 9,000 00 443 $33,759 48 C o m m o n w ealt h ber. T o the credit — O f women, both adult and minor, Of religious and char itable associations, . In trust, . . . . of Amount. 246 $13,125 33 11 7 1,461 86 501 45 M assachusetts . W orcester , ss., Nov. 19, 1889. Personally appeared Henry F. Wing, Treasurer of the Grafton Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and eorrect state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, D. W ebster N orcross, Justice o f the Peace. W orcester , ss ., N o v . 20, 1889. Personally appeared George K . Nichols, President, and Thos. T. Griggs, Joseph A . Dodge, Silas Yinton, Alden M. Bigelow and Chas. L. Pratt, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. - Before me, D. W ebster N orcross , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 226 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan. G R A N IT E S A V IN G S B A N K — ROCKPORT. Incorporated 1884. Present number of corporators, 44. H e n r y D e n n i s , President. N a t h ’ l R i c h a r d s o n , J r ., Treasurer. W i l l i a m H . C o l b y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : H e n r y D e n n is , F r a n c is T a r r , E b e n G. A bbott, H i r a m J. P h i l b r o o k , G eorge A . L o w e . Open for business Wednesday and Saturday, 10 B alance a Sh e e t , O ctober A ssets. m . to 12 m ., and 2 to 3 p .m . 31, 1889. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, D eposits in banks, not on interest, Expense account, Safe................................................. Cash on hand, . . . . $4,723 3,165 10,955 29,133 4,700 1,429 9 95 75 50 75 00 00 28 21 00 8 30 Deposits, . Guaranty fund, $53,934 79 285 00 $54,219 79 $54,219 79 Cash on Deposit in Banks, amount in each: — Rockport National Bank, Rockport..................................................................... $338 79 First National Bank, Gloucester,....................................................................... 1,090 49 Detailed Statement o f Publie Funds. Par Value. Town of Tilton, N. H , 6s, City of Keene, N. H., 4s, . Town of Clinton, Mass., 4s, City of Waltham, Mass., 4s, . District of Columbia 6s, . County of Merrimack, N. H., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $500 500 1 ,0 0 0 1 ,0 0 0 500 1 ,0 0 0 Estimated Market Value. $567 521 1,039 1,037 524 1,033 00 50 50 50 50 75 $4,500 • $4,723 75 Amount Invested. $567 521 1,039 1,037 524 1,033 00 50 50 50 50 75 $4,723 75 1890.] PU B L IC D O CU M EN T — No. 8. 227 No. of Shares. Detailed Statement o f Bank Stocks. 8 4 10 Par Value. Gloucester N’l B’k, Gloucester, Cape Ann N’l B’k, Gloucester, Roekport N’l Bank, ltockport, Estimated Market Value. Amount Invested. $800 400 1,000 $1,096 00 582 00 1,487 50 $1,096 00 582 00 1,487 50 $2,200 $3,165 50 $3,165 50 Detailed Statement o f Railroad Bonds. Par Value. Boston & Maine R.R. 7 s ,. Fitchburg R.R. 4s, . Fitchburg R.R. 5s, . Boston & Lowell R.R. 6s, Maine Central R.R. 7s, . Maine Central R.R. 6s, . ‘ $2,000 2,000 3,000 1,000 1,000 1,000 $10,000 Estimated Market Value. $2,224 2,070 3,260 1,127 1,207 1,165 Amount Invested. 50 50 50 00 75 50 $10,955 75 $2,224 2,070 3,260 1,127 1,207 1,165 50 50 50 00 75 50 $10,955 75 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $3,500 00 Itate. 5 per cent. Amount. $30,333 00 Rate. 6 per cent. Amount. - Number of loans which are of an amount not exceeding $3,000 each, . 57 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................54 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31,1889..................................................................................... Rate and amount of each semi-annual dividend during the ) 2 per cent.,t year ending Oct. 31, 1 8 8 9 ,......................................................>2 per cent., c Times for the dividends fixed by the by-laws: April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, . 146 Number of accounts closed during the year ending Oct. 31, 1889, . 39 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 456 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889, . 485 Number of same, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rate. - $29,133 00 1,947 78 716 87 921 55 215 05 27,335 67 228 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan. Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... $12,882 99 Number of same...............................................................................................202 Date of examination by commissioner: July 26. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. 367 $5,085 72 64 5,128 37 24 3,775 17 21 7,414 00 8 1 4,932 41 1,000 00 485 $27,335 67 ber. To the credit — O f women, both adult and minor, O f religious and char itable associations, . In trust................................ Amount. • 163 $8,692 77 15 1 1,551 15 52 00 C o m m o n w e a l t h of M a ssa c h u se tt s. E s s e x , s s ., N ov . 13, 1889. Personally appeared Nathaniel Richardson, Jr., Treasurer of the Granite Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, J o h n P a r s o n s , Justice o f the Peace. E s s e x , s s ., N ov . 13, 1889. Personally appeared Eben G. Abbott, Vice-President, and H. H. Thurston, Geo. A. Lowe, ¥ m . H. Colby, J. L. Woodfall and Roger H. Tarr, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, J o h n P a r s o n s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 229 P U B L IC D O CU M EN T — No. 8. 1890.] G R EAT B A R R IN G T O N S A V IN G S B A N K — G R EAT B A R R IN G T O N . Incorporated Feb. 3, 1869. Present number of corporators, 49. G e o r g e C h u r c h , President. C h a r l e s J. T a y l o r , Treasurer. M e r r i t t I. W h e e l e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds: A. C. C o l l i n s , J o h n C. W h e e l e r , A. S. F a s s e t t , C h a r l e s J. P o t t e r , C h a r l e s J. T a y l o r . Open for business Tuesday, Thursday and Saturday, 9 B alance Sh e e t , O ctober m ., 1 to 3 p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate,. Loans on personal security, Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Cash on hand................................ to 12 a .m . $ 11,000 00 49,576 92 281 47 Deposits, . Guaranty fund, Interest account, $393,117 94 12,000 00 12,707 81 11,000 00 13.000 4,804 238,792 43.001 40,660 3,163 1,361 1,183 00 32 07 25 57 75 44 96 $417,825 75 $417,825 75 Cash on Deposit in Banks, amount in each : — National Bank of Redemption, Boston, Maverick National Bank, Boston,.................................... Springfield Safe Deposit and Trust Company, Springfield, National Mahaiwe Bank, Great Barrington, . $14,827 10,015 15,817 3,163 83 07 67 75 Loan on Bank Stock: — On 5 shares National Mahaiwe Bank, Great Barrington, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . . $281 47 230 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. 1 $1,000 00 10,000 00* 1 I • Detailed Statement o f Public Funds. Estimated Market Value. United States 4^s, . City of Bridgeport, Conn., 3is, *A $1,000 10,000 $1,050 00 10,000 00 $11,000 $11,050 00 $11,000 00 1 legal investment when made. Detailed Statement o f Bank Stocks. 1 1 1 «4-. O CO Oj Estimated Market Value. 1g 1 1 1 1 1 1 1 1 1 1 1 1 10 10 13 59 19 10 54 66 14 42 25 40 1 1 1 48 3 3 First National Bank, Adams,. Faneuil Hall N’l Bank, Boston, Suffolk National Bank, Boston, N’l B’k of Redemption, Boston, Hamilton Nat’l Bank, Boston, Atlantic Nat’l Bank, Boston, . New England N’l B’k, Boston, Shoe & Leather N’l B’k, Boston, National Union Bank, Boston, N’l B’k of No. America, Boston, Merchants’ N’l Bank, Boston, National MahaiweBank, Great Barri ngton, . . . . Lee National Bank, Lee, Pittsfield N’l Bank, Pittsfield, Housatonic Nat’l Bank, Stockbridge, . . . . 1 $1,000 1,000 1,300 5,900 1,900 1,000 5,400 6,600 1,400 4,200 2,500 $1,500 1,400 1,495 7,552 2,375 1,300 7,830 6,270 2,002 4,410 3,550 00 00 00 00 00 00 00 00 00 00 00 $1,280 1,300 1,300 7,080 2,227 1,345 7,290 6,600 1,890 4,200 3,392 00 00 00 00 75 00 00 00 00 00 50 I 1 1 1 1 1 1 1 I 1 1 4,000 4,800 300 5,200 00 6,480 00 480 00 5,000 00 5,816 67 405 00 1 1 1 300 480 00 450 00 I $41,600 $52,324 00 $49,576 92 1 Detailed Statement o f Railroad Bonds. 1 Estimated Market Value. 1 1 1 1 Boston Boston Boston Boston & Albany R.R. 7s, & Albany R.R. 6s, & Lowell R.R. 7s, & Providence R.R. 7 s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 1,000 3,000 2,000 $11,000 $5,400 1,130 3,240 2,200 00 00 00 00 $11,970 00 $5,000 1,000 3,000 2,000 00 00 00 00 $11,000 00 231 PU B L IC D O CU M EN T — No. 8. 1890.] Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $24,842 90 15,817 67 Amount. Kate. Amount. $125,100 00 2J per cent. Kate. Amount. Kate. 5 per cent. $156,974 79 6 per cent. 4 $13,000 00 Amount invested in real estate for banking purposes, . . . . 13,000 00 Estimated value of the s a m e , ........................................................................ 6,500 00 Assessed value of the s a m e ,................................................................................. 595 00 Net income received from same during year ending Oct. 31, 1889, 4,804 32 Value, by books, of other real estate, held by foreclosure or otherwise, 5,910 00 Assessed value of the s a m e ,................................................................................. 21 82 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 222 169,362 79 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................199 834 36 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 21,167 70 year ending Oct. 31, 1 8 8 9 ,................................................................................. 7,311 59 Rate and amount of each semi-annual dividend during the | 2 per cent., f 7,342 39 year ending Oct. 31, 1 8 8 9 ,......................................................J 2 per cent., 1 Times for the dividends fixed by the by-laws : first Thursday in January and July. Number of accounts opened during the year ending Oct. 31, 1889,. 325 Number of accounts closed during the year ending Oct. 31, 1889,. 254 Total number of open accounts Oct. 31, 1889, . . . . 1,785 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 1,707 59 of t a x e s ) , ............................................................................................................ Amount of deposits, not including dividends, received during the year 82,928 87 ending Oct. 31, 1889............................................................................................... Number of s a m e , .........................................................................................1,346 Amount of withdrawals, including dividends, during the year ending Oct. 88,021 61 31, 1889.................................................................................................................... Number of same.............................................................................................. 1.171 Date of examination by commissioner: July 19. Classification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, arid not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 962 $19,257 42 206 17,595 87 107 16,959 58 59 19,571 00 8 4 5,545 00 4,000 00 1,346 $82,928 87 ber. To the credit — Of women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ Amount. 692 6 $41,755 48 1,460 88 18 4 1,549 60 235 82 232 B A N K CO M M ISSIO N ERS’ R E P O R T . C om m o n w ealt h oe [Jan. M assach usetts . B e r k s h ir e , ss ., N ov. 9, 1889. Personally appeared Charles J. Taylor, Treasurer of the Great Barrington Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, F. N. D e l a n d , Notary Public. B e r k s h ir e , s s ., N ov. 9, 1889. Personally appeared Henry T. Robbins, Vice-President, and Robert Girling, C. J. Burget, A. S. Fassett, A. C. Collins and John C. Wheeler, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, F. N . D e l a n d , Notary Public. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 233 PU B L IC DO CU M EN T — No. G R E E N F IE L D SA V IN G S B A N K — G R E E N F IE L D . Incorporated 1869. Present number of corporators, 30. A l b e r t M. G l e a s o n , Treasurer. R o b e r t A b e r c r o m b i e , President. C . C . C o n a n t , Clerk o f the Corporation. Names of committee charged with the investment of its funds : W m . A. F o r b e s , S. B. S l a t e , L e v i J. G u n n , C h a s . R. L o w e l l , A l b e r t M. G l e a s o n . Open for business every business day, 9 B alance to 12.30 Sh ee t, O ctober A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Loans on depositors’ books, Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Furniture and fixtures, Premium account, Interest due, . . . . Cash on hand, . . . . a .m. b . m ., 2 to 4 p .m . 31, 1889. L ia b il it ie s . $202,500 00 1 Deposits, . Guaranty fund, 124,200 00 Interest account, 24,329 00 22,000 00 777,343 27 220,316 55 $1,405,351 57 36,725 00 1,857 08 21,300 1,342 3,553 643 1,349 00 00 81 46 13 1,000 00 42,655 50 554 85 846 08 $1,443,933 65 $1,443,933 65 Cash on Deposit in Banks, amount in each : — Packard National Bank, Greenfield........................................... . Conway National Bank, Conway,........................................................................ Berkshire National Bank, North Adams............................................................. Old Boston National Bank, B o s t o n , ..................................................... . National Bank of Commerce, B o s to n ,............................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3,019 58 534 23 62 92 489 47 91 07 234 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan. Loans on Bank Stock, amount on each: — On On On On On On On On On 5 shares First National Bank, Amherst......................................................... 96 shares Conway National Bank, Conway, . . . . . . 1 share Franklin County National Bank, Greenfield, . . . . 100 shares Home National Bank, Holyoke................................................... 5 shares First National Bank, Northampton,............................................ 2 shares Crocker National Bank, Turner’s F a l l s , .................................... 24 shares Packard National Bank, G r e e n f i e l d ,.................................... 50 shares Adams National Bank, North A d a m s , .................................... 10 shares Shelburne Falls National Bank, Shelburne Falls, . . . $500 00 7,53900 9000 8,000 00 500 00 200 00 2,000 00 5,000 00 50000 Detailed Statement of Public Funds. Par Value. City of Burlington, Vt., 5s, of Pittsfield, Mass., 4^s, . of Springfield, Mass , 7s, of Milwaukee, Wis., 7s, . of Des Moines, Iowa, 5s, Town of Rutland, Vt., 4|s, of West Rutland, Vt., 5s, •. $35,000 65,000 3,000 28,000 14,000 40,000 17,500 $202,500 Estimated Market Value. $35,000 67,600 3,615 30,800 14,420 43,000 18,812 00 00 00 00 00 00 50 $213,247 50 Amount Invested. $35,000 65,000 3,000 28,000 14,000 40,000 17,500 00 00 00 00 00 00 00 $202,500 00 No. of Shares. Detailed Statement o f Bank Stocks. 37 52 48 13 6 18 15 42 38 ■10 3 50 12 50 34 138 14 50 15 Par Value. Athol National Bank, Athol, . N’l B’k of Redemption,Boston, Nat’i Revere Bank, Boston, . IN’I Hide & LeatherB’k,Boston, National City Bank, Boston, . Market Nat’i Bank, Boston, . Howard Nat’i Bank, Boston, Eliot National Bank, Boston, Merchants’ N’l Bank, Boston, Second Nat’i Bank, Boston, . Washington N’l B’k, Boston, Metropolitan N’l B’k, Boston, First Nat’i Bank, Chicopee, . Conway Nat’i Bank, Conway, First Nat’i Bank, Greenfield, Holyoke N’l Bank, Holyoke, Hadley Falls N’l B’k, Holyoke, City National Bank, Holyoke, Hampshire County National Bank, Northampton, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3,700 5,200 4,800 1,300 600 1,800 1,500 4,200 3,800 1,000 300 5,000 1,200 5,000 3,400 13,800 1,400 5,000 1,500 Estimated Market Value. $3,885 7,020 6,000 1,560 600 1,800 1,650 5,544 5,510 1,750 375 5,200 1,800 6,000 6,800 20,700 2,380 5,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 1,725 00 Amount Invested. $3,700 5,200 4,800 1,300 600 1,800 1,500 4,200 3,800 1,000 300 5,000 1,200 5,000 3,400 13,800 1,400 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 1,500 00 1890.] 235 P U B L IC D O CU M EN T — No. 8. Ko. of Shares. Detailed Statement o f Bank Stocks — Concluded. 21 50 67 110 50 70 36 45 3 15 50 50 30 Par Value. First N’l Bank, Northampton, Orange Nat’l Bank, Orange, Palmer Nat’l Bank, Palmer, Third Nat’l Bank, Springfield, Agawam N’l B’k, Springfield, First Nat’l Bank, Springfield, Second N’l Bank, Springfield, City Nat’l Bank, Springfield, Chicopee N’l B’k, Springfield, Crocker N’l B’k, Turner’s Falls, First Nat’l Bank, Westfield, . Winchester Nat’l Bank, WinChester, N. H., Berkshire N’l B’k, No. Adams, $2,100 5,000 6,700 11.000 5,000 7,000 3,600 4,500 300 1,500 5,000 5,000 3,000 $124,200 Estimated Market Value. $2,730 6,750 9,380 22,000 6,000 9,800 5,472 5,850 540 2,025 6,750 00 00 00 00 00 00 00 00 00 00 00 5,550 00 3,060 00 Amount Invested. $2,100 5,000 6,700 11,000 5,000 7,000 3,600 4,500 300 1,500 5,000 00 00 00 00 00 00 00 00 00 00 00 5,000 00 3,000 00 $171,706 00 $124,200 00 Detailed Statement o f Railroad Bonds. Newport & Richford R.R. 5s, . Fitchburg R R. 5s, . Fitchburg R.R. 7s, . Par Value. Estimated Market Value. Amount Invested. $10,000 10,000 2,000 $10,500 00 10,500 00 2,210 00 $10,000 00 10,000 00 2,000 00 $22,000 $23,210 00 $22,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, inchiding Deposits in Banks on Interest. Amount. $3,553 81 41,300 00 Rate. 3 per cent. 4è “ Amount. $15,000 00 Rate. Amount. Rate. 4f per cent. $988,330 82 5 per cent. Number of loans which are of an amount not exceeding $3,000 each,. 580 Aggregate amount of the s a m e , ........................................................................$534,515 48 Total number of loans upon real e s t a t e , ............................................. 501 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 68,166 09 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 236 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Rate and amount of each semi-annual dividend during the j 2 per cent., f $26,105 39 year ending Oct. 31, 1 8 8 9 , .............................................• J 2 per cent., 1 26,693 86 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 558 Number of accounts closed during the year ending Oct. 31, 1889, . 423 Total number of open accounts Oct. 31, 1889, . . . . 3,332 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,.................................................................................................................. 3,716 92 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 240,473 63 Number of s a m e , ............................................................................... 2,538 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,.................................................................................................................. 233,171 28 Number of s a m e , ............................................................................... 2,194 Date of examination by commissioner: October 15. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, • . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. 1,787 $31,914 29 311 26,169 66 188 29,532 18 146 52,199 67 51 55 37,318 13 63,339 70 2,538 $240,473 63 not not not To the credit — O f women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust, . . . . less Com m on w ealth of M Amount. 1,007 10 $94,145 49 2,158 40 37 7 6,129 57 5,137 20 assach u setts. F r a n k l in , ss ., N ov. 15, 1 889. Personally appeared Albert M. Gleason, Treasurer of the Greenfield Savings Bank, and'made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C. M a son M o o d y , Justice o f the Peace. F r a n k l in , ss ., N ov. 15, 1889. Personally appeared Robert Abercrombie, President, and Eben A. Hall, Chester C. Conant, Charles R. Lowell, William A. Forbes, S. B. Slate and Edwd. E. Lyman, trustees of said corporation, and severally made oath that the annexed report is cor rect, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C. M ason M o o d y , Justice o f the Peace. 1890.] P U B L IC D O CU M EN T — No. 8. 237 H A M P D E N S A V IN G S B A N K — S P R IN G F IE L D . Incorporated 1852. E . T r a s k , President. Present number of corporators, 43. P. S. B a i l e y , Treasurer. P. S. B a i l e y , Clerk o f the Corporation. Names of committee charged with the investment of its funds: E. T r a s k , F. S. B a i l e y , J. M u l l ig a n , A. J. W r i g h t . Open for business every business day, 9 B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, . Railroad bonds as per schedule, Loans on railroad stocks, . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Deposits in banks, not on interest, Expense account, Cash on hand, . . . . a .m . to 4 p . m . 31,1889. L ia b il it ie s . $50,000 20,000 297,829 33,710 100,000 38,900 114,672 1,084,800 472,737 50,000 13,467 1,616 3,501 00 00 00 00 00 00 85 00 50 00 34 23 65 $2,281,234 57 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, Premium account, . $2,181,729 09 60,000 00 7,173 24 25,082 24 7,250 00 $2,281,234 57 Cash on Deposit in Banks, amount in each: — Agawam National Bank, Springfield,.............................................................. $55,604 86 National Revere Bank, Boston, . . . ............................................. 6,337 73 Chapin National Bank, S p r in g fie ld ,.............................................................. 1,524 75 Loan on Public Funds : — On $20,000 United States 4 J s , ....................................................................... $20,000 00 Loans on Bank Stock, amount on each : — On 2 shares Chicopee National Bank, Springfield, On 10 shares Chapin National Bank, Springfield, On 5 shares Pynchon National Bank, Springfield, On 25 shares Chapin National Bank, Springfield, On 30 shares City National Bank, Springfield, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,600 00 5,300 00 238 B A N K CO M M ISSIO N E R S’ R E P O R T . On 6 shares Saybrook National Bank, Essex, Conn., On 50 shares Holyoke National Bank, Holyoke, On 13 shares Agawam National Bank, Springfield, On 6 shares First National Bank, Springfield, On 5 shares Ware National Bank, Ware................................. On 25 shares Third National Bank, Springfield, . On 8 shares Chapin National Bank, Springfield, On 2 shares Chicopee National Bank, Springfield, On 7 shares City National Bank, Springfield, On 20 shares Agawam National Bank, Springfield, . On 10 shares Third National Bank, Springfield, . On 15 shares Second National Bank, Springfield, On 2 shares First National Bank, Springfield, On 25 shares Chapin National Bank, Springfield, On 9 shares Agawam National Bank, Springfield, On 20 shares Agawam National Bank, Springfield, . On 20 shares Third National Bank, Springfield, . On 2 shares Chapin National Bank, Springfield, On 15 shares Housatonic National Bank, Stockbridge, On 16 shares Palmer National Bank, Palmer, . On 30 shares Hampshire County National Bank, Northampton, [Jan. $500 5,000 00 00 1,800 00 00 00 150 2,500 960 700 1,800 00 00 00 00 200 00 600 00 400 00 2,000 00 2,000 00 200 00 1,500 00 1,000 00 3,000 00 2,500 Loans on Railroad Stock, amount on each : — o o C- 00 00 00 00 200 00 1,500 00 1,700 00 3,000 00 8,000 00 6,000 00 1,000 00 On 5 shares Connecticut River R . R . , ............................................. On 100 shares Connecticut River R . R . , .................................... On 5 shares Connecticut River R . R . , ............................................. On 10 shares Boston & Albany R . R .,............................................. On 3 shares Boston & Albany R.R , ............................................. On 10 shares Boston & Albany R .R , ............................................. On 10 shares Boston & Albany R .R ................................................ On 18 shares Boston & Albany R . R . , ............................................. On 80 shares New York, New Haven & Hartford R .R ., . On 100 shares Old Colony R . R . , ...................................................... On 10 shares Boston & Albany R . R . , ............................................. 15,000 500 1,300 Detailed Statement o f Public Funds. Par Value. United States 4s, . . . $50,000 Estimated Market Value. Amount Invested. $63,500 00 $50,000 00 Shares. ♦No. of Detailed Statement o f Bank Stocks. 28 75 230 75 Par Value. First National Bank, Boston,. N’l Hide & Leather B’k, Boston, Merchants’ Nat’l Bank,Boston, N’l B’k of Commerce, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,800 7,500 23,000 7,500 Estimated Market Value. $6,790 9,000 33,515 9,600 00 00 00 00 Amount Invested. $2,800 7,500 27,210 10,865 00 00 00 00 1890.] 239 P U B L IC D O CU M EN T — No. 8. No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 75 40 50 37 50 50 50 50 50 50 63 57 33 150 40 20 66 30 50 50 85 74 65 50 230 423 50 75 Par Value. Nat’l Revere Bank, Boston, . Nat’l Webster Bank, Boston, N’l B’k of the Republic, Boston, Suffolk Nat’l Bank, Boston, . Continental N’l Bank, Boston, N’l B’k of Redemption, Boston, Freeman’s Nat’l Bank, Boston, State National Bank, Boston,. N’l B’k of No. America, Boston, Eliot National Bank, Boston,. Shawmut Nat’l Bank, Boston, First Nat’l Bank, Chicopee, . FranklinCo. N’l B’k,Greenfield, Holyoke Nat’l Bank, Holyoke, Hadley Falls N’l Bk, Holyoke, Monson N’l Bank, Monson, . Hampshire County National Bank, Northampton, . First N’l Bank, Northampton, First N’l Bank, Norwich, C t, Uncas N’l Bank, Norwich, Ct., Thames N’l B’k, Norwich, Ct., Third N’l Bank, Springfield, . Pynchon N’l B’k, Springfield, First Nat’ l Bank, Springfield, Chapin N’l Bank, Springfield, Agawam N’l B’k, Springfield, Chicopee N’l B’k, Springfield, Ware National Bank, Ware, . Estimated Market Value. Amount Invested. $7,500 4,000 5,000 3,700 5,000 5,000 5,000 5,000 5,000 5,000 6,300 5,700 3,300 15,000 4,000 2,000 $9,300 4,000 8,350 4,264 6,125 6,725 5,150 6,050 6,100 6,575 8,190 8,379 3,300 22,500 6,800 3,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $7,500 4,292 6,300 4,500 5,300 6,700 5,900 5,900 5,700 6,100 7,600 7,470 4,550 15,000 4,732 2,200 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 6,600 3,000 54100 2,500 8,500 7,400 6,500 5,000 23,000 42,300 5,000 7,500 8,250 4,200 5,200 3,000 12,750 15,540 11,375 7,000 34,500 50,760 8,600 9,375 00 00 00 00 00 00 00 00 00 00 00 00 7,225 3,000 5,180 2,900 12.285 11,560 10,985 6,525 24,700 46,700 8,600 10,050 00 00 00 00 00 00 00 00 00 00 00 00 $249,600 $344,263 00 $297,829 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Providence R.R., 4s, N. Y. & N. E. R.R. (terminal) 4s, . Estimated Market Value. Amount Invested. $50,000 50,000 $55,000 00 56,000 00 $50,000 00 50,000 00 $100,000 $111,000 00 $100,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Ba?iks on Interest. Amount. $140,000 00 Rate. 4 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $1,560,147 50 Rate. 5 per cent. Amount. Rate. - - 240 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Value, by books, of real estate, held by foreclosure or otherwise, . . $ 114,672 85 Assessed value of the s a m e ,................................................................................. 73,600 00 Net income received from same during year ending Oct. 31,1889, . . 2,287 00 Number of loans which are of an amount not exceeding $3,000 each, . 308 Aggregate amount of the s a m e , ....................................................... 412,660 00 Total number of loans upon real e s t a t e , ............................................. 340 Amount of investments from which no income is received............................... 5,600 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................ 105,244 90 Rate and amount of each semi-annual dividend during the ) 2 per cent., f 40,187 70 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., 1 41,308 02 Times for the dividends fixed by the by-laws: February 15 and August 15. Number of accounts opened during the year ending Oct. 31, 1889, 1,014 Number of accounts closed during the year ending Oct. 31, 1889, . 793 Total number of open accounts Oct. 31, 1889, . . . . 4,511 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)...................................................................................................... 7,646 53 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................ 463,732 68 Number of s a m e , ................................................................................4,111 Amount of withdrawals, including dividends, during the year ending Oct. 31,1889,.................................................................................................. 445,938 41 Number of s a m e , ............................................................................... 3,071 Date of examination by commissioner: June 28. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 2,701 $56,624 84 585 49,459 14 320 50,629 46 267 92,936 60 113 125 75,631 51 138,451 13 4,111 $463,732 68 Num ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . not not not Amount. 1,445 6 $197,117 84 2,568 91 21 63 3,832 07 17,297 46 less Co m m o n w e a l t h of M a s sa c h u s e t t s . H am pden, ss ., N ov . 15, 1889. Personally appeared P. S. Bailey, Treasurer of the Hampden Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, A n d r e w J. W r ig h t , Justice o f the Peace. H am pden, ss , Nov. 15, 1889. Personally appeared Eliphalet Trask, President, and F. S. Bailey, Andrew J. Wright, H. S. Hyde, A. I. Bemis, Hinsdale Smith and J. A. Rumrill, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. W . M . W i l l a r d , Notary Public. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .1 8 9 0 .] 241 P U B L IC D O CU M EN T — No. 8. H A M P SH IR E S A V IN G S B A N K — N O R TH AM PTO N . Incorporated May 19, 1869. Present number of corporators, 31. J o se p h u s C r a f t s , President. L e w is W L e w is W a r n e r , Treasurer. arner, Clerk o f the Corporation. Names of committee charged with the investment of its funds: J o sep h u s C r a f t s , W m. H. D ic k in s o n , 'W e b s t e r H e r r i c k , J. H. D e m o n d , O r m a n S. C l a r k . Open for business every business day, 9 Balance Sh e e t , O c t o b e r a .m . 31, 1889. A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposit in bank, on interest, Expense account, to 3 p . m . L ia b il it ie s . $177,136 9,150 30.000 602,135 60,737 42 00 00 84 50 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $892,657 59 21,200 00 3,222 99 10,119 61 16.000 00 29,310 67 2,729 76 $927,200 19 $927,200 19 Cash on Deposit in Bank : — Hampshire County National Bank, N o r t h a m p t o n ,....................................$29,310 67 Loans on Bank Stock, amount on each: — On 19 shares Hampshire County National Bank, Northampton, On 7 shares First National Bank, Northampton, . On 50 shares First National Bank, Easthampton,. On 5 shares First National Bank, Greenfield, On 7 shares Franklin County National Bank, Greenfield, . On 10 shares Conway National Bank, Conway, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,600 700 5,000 500 550 800 00 00 00 00 00 00 24 2 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan No. of Shares. Detailed Statement o f Bank Stocks. 100 40 22 33 35 32 15 42 35 8 10 35 7 44 30 9 33 36 7 6 30 22 10 50 50 12 10 34 100 20 10 246 53 63 34 5 33 28 12 13 Par Value. North National Bank, Boston, N’l B’k of the Commonwealth, Boston, . . . . Blackstone N’l Bank, Boston, Howard Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, N’l Hide & Leather B’k, Boston, N’l B’k of Commerce, Boston, Tremont Nat’l Bank, Boston,. Continental N’l Bank, Boston, N’l B’k of the Republic,Boston, N’l B’k of No. America, Boston, Market Nat’l Bank, Boston, . Mount Vernon N’l B’k, Boston, Globe National Bank, Boston, Merchants’ N’l Bank, Boston, Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, Eliot National Bank, Boston, Hamilton Nat’l Bank, Boston, Massachusetts N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . Nat’l Revere Bank, Boston, . Shoe & Leather N’l B’k, Boston, Third National Bank, Boston, Second Nat’l Bank, Boston, . National Eagle Bank, Boston, Manufacturers’ N’l B’k, Boston, First Nat’l Bank, Chicopee, . First N’l Bank, Easthampton, City National Bank, Holyoke, Home Nat’l Bank, Holyoke, . Hampshire County N’l B’k, 'Northampton, First N’l Bank, Northampton, Northampton National Bank, Northampton, John Hancock National Bank, Spri ngfi el d, . . . . Chicopee N’l B’k, Springfield, Agawam N’l B’k, Springfield, M echanics’ N’l B’k, Worcester, Ware National Bank, Ware, . Union Nat’l Bank, Weymouth, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 Estimated Market Value. $13,900 00 $12,661 00 4,000 2,200 3,300 3,500 3,200 1,500 4,200 3,500 800 1,000 3,500 700 4,400 3,000 900 3,300 3,600 700 1,500 3,000 2,200 1,000 5,000 5,000 1,200 1,000 3,400 10,000 2,000 1,000 6,800 2,601 3,630 4,445 3,840 1,920 4,767 4,287 1,320 1,220 3,430 966 4,334 4,365 1,282 3,960 4,680 854 1,642 3,450 2,728 940 5,225 8,750 1,236 1,050 5,100 14,500 '2,200 1,100 24,600 5,300 29,520 00 7,155 00 24,600 00 7,076 00 6,300 11,340 00 10,702 50 3,400 500 3,300 2,800 1,200 1,300 4,080 850 4,290 3,780 1,584 1,690 00 50 00 00 00 00 00 50 00 00 00 00 00 00 50 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. 00 00 00 00 00 00 4,635 3,247 3,695 4,477 3,797 2,505 5,386 4,030 1,032 1,147 4,219 896 5,651 4,260 1,221 3,902 4,640 906 1,920 3,870 2,802 1,436 5,600 7,900 1,476 1,040 5,175 12,420 2,000 1,000 3,898 800 4,143 3,749 1,624 1,592 00 50 00 50 00 00 00 00 00 50 37 00 87 00 75 75 00 00 00 00 00 25 93 00 00 00 00 00 00 00 00 00 00 00 00 50 $142,300 $184,813 00 $177,136 42 1890.] P U B L IC D O CU M ENT — No. 8. 243 Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 4s, . Boston & Providence R.R. 4s, . Boston & Lowell R.R. 4s, Fitchburg R.R. 5s, . $10,000 6,000 10,000 4,000 $30,000 Estimated Market Value. $9,750 6,480 10,400 4,220 00 00 00 00 $30,850 00 Amount Invested. $10,000 6,000 10,000 4,000 00 00 00 00 $30,000 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. Kate. $29,310 67 42,000 00 3^ per cent. 4 “ Amount. ! $39,200 00 Rate. 4£ per cent. Amount. $606,823 34 Rate. 5 per cent. Number of loans which are of an amount not exceeding $3,000 each,. 343 Aggregate amount of the same............................................................................... $356,610 84 Total number of loans upon real estate,..................................................... 395 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 3 1 , 1 8 8 9 , .............................................................. 41,371 25 Rate and amount of each semi-annual dividend during the ) 2 per cent., 5 16,466 89 year ending Oct. 31, 1 8 8 9 , ..................................................... >2 per cent., I 16,952 56 Times for the dividends fixed by the by-laws : May 15 and November 15. Number of accounts opened during the year ending Oct. 31, 1889, . 446 Number of accounts closed during the year ending Oct. 31,1889,. . 357 Total number of open accounts Oct. 31, 1889, . . . . 2,302 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ........................................................................................................... 2,729 76 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ 182,350 87 Number of same...................................................................................... 1,919 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,................................................................................................................... 156,411 96 Number of s a m e , ................................................................................1,436 Date of examination by commissioner: May 10. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 244 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. ber. 1,268 $28,719 89 315 26,787 91 To the credit — O f women, both adult and minor, O f guardians, Of religious and charitable associations, . In trust................................ not not 139 21,957 49 132 49,180 80 35 30 24,704 78 31,000 00 1,919 $182,350 87 not Amount. 864 5 $74,822 5» 2,700 00 47 6 4,988 43 3,424 09 less Co m m o n w ea lth of M a s sa c h u s e t t s . H a m p s h ir e , ss ., N ov . 11, 1889. Personally appeared Lewis Warner, Treasurer of the Hampshire Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belie'f. Before me, J o h n B. O ’D o n n e l l , Justice o f the Peace. H a m p s h ir e , ss ., N ov. 11, 1889. Personally appeared Josephus Crafts, President, and W m . H. Dickinson, Orman S. Clark, Ansel Wright, E. A. Edwards, J. H. Demond, W . A. Nash, H. A. Kimball and E . F. Crooks, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, J oh n B. O’D o n n e l l , Justice o f the Peace. 1890.] 245 P U B L IC D O CU M EN T — No. 8. H A V E R H IL L S A V IN G S B A N K — H A V E R H IL L . Incorporated 1828. Present number of corporators, 53. G eo. A. K i m b a l l , President. F r e d . W . C o f f in , Treasurer. R a y m o n d N o y e s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: G eo r g e A . K i m b a l l , E b e n M it c h e l l , W oodbu ry N o ye s. . Open for business every business day, 9 a . m . to 12 m ., 2 to 3.30 9 a . m . to 12 M. B a l a n c e Sh e e t , O c t o b e r except Saturday, 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on railroad bonds, . Loan on railroad stock, Railroad notes, . . . . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in banks, on interest, . Deposits in banks, not on interest, Cash on hand................................ p .m ., $671,800 38,200 491,650 61,100 515,000 2,000 3,000 75.000 5,431 1,006,925 1,413,456 00 00 00 00 00 00 00 00 65 00 00 35,400 180,935 20.000 4,970 00 28 00 00 Deposits, . Guaranty fund, Interest account, Premium account, $4,333,157 158,000 3,119 30,590 . 78 00 21 94 $4,524,867 93 $4,524,867 93 Cash on Deposit in Banks, amount in each: — National Bank of Redemption, Boston, . . . . Haverhill National Bank, H a v e r h ill,.................................... Second National Bank, H a v e r h i l l , .................................... . $88,748 82 67,186 46 45,000 00 . $16,200 2,000 10,000 10,000 Loans on Public Funds, amount on each: — On $18,000 United States bonds.................................................. On $2,000 State of New Hampshire bonds, . . . . On $10,000 City of Charlestown bonds,.................................... On $10,000 Town of Arlington b o n d s ,.................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 246 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Loans on Bank Stock, amount on each: — On 100 shares Broadway National Bank, Boston,..................................................... $8,000 On 200 shares Broadway National Bank, Boston,............................................. 16,000 On 10 shares Tremont National Bank, B o s t o n ,............................................. 600 On 162 shares Cocheco National Bank, Dover, N. H ........................................ 13,000 On 60 shares First National Bank, E a s to n ,...................................................... 6,000 On 12 shares First National Bank, M e r r i m a c ,............................................. 1,200 On 100 shares Essex National Bank, H averh ill,............................................. 10,000 On 9 shares First National Bank, H a v e r h i l l , ............................................. 8,000 On 22 shares Second National Bank, H a verh ill,............................................. 2,000 On 12 shares Haverhill National Bank, H a v e r h i l l , .................................... 1,000 On 25 shares Haverhill National Bank, Haverhill, On 10 shares Blackstone National Bank, Boston,....................................I 2 500 00 On 10 shares Central National Bank, B o s t o n , ....................................j On 10 shares Globe National Bank, Boston,.............................................J 00 00 00 00 00 00 00 00 00 00 Loans on Railroad Bonds, amount on each : — On $1,000 Boston & Maine Railroad bon ds,......................................................$1,000 00 On $1,000 Old Colony Railroad bonds,............................................................... 1,000 00 Loan on Railroad Stock: — On 50 shares Boston & Maine R a i l r o a d , ......................................................$3,000 00 Detailed Statement o f Public Funds. »Par Value. City of Boston, Mass , 4s, Town of Brookline, Mass., 6 s,. City of Cambridge, Mass., 4s, . of Cleveland, Ohio, 5s, of Dayton, Ohio, 4 s,. of Dayton, Ohio, 5s, . of Des Moines, Iowa, 4s, . of Des Moines, Iowa, 5s, . of Dover, N. H., 6s, . of Fall River, Mass., 5s, . of Fall River, Mass., 6s, . of Haverhill, Mass , 5s, . of Haverhill, Mass., 4s, . of Haverhill, Mass., 3is, . of Lawrence, Mass , 6s, . of Lynn, Mass., 6s, . of Lynn, Mass , 5s, . of Nashua, N. IL, 6s, of New Bedford, Mass., 4s, of Pawtucket, R. I., 4s, of Portsmouth, N. H., 6 s,. of Somerville, Mass., 5s, . Town of Winthrop, Mass., 7s,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $100,000 $109,000 00 $100,000 00 22,000 00 24,420 00 22,000 40,000 00 44,400 00 40,000 25,000 00 25,000 29,5(0 00 26,000 00 ' 25,000 00 25,000 20,400 00 20,000 00 20,000 25,000 00 25,000 00 25,000 15,000 00 15,450 00 15,000 49,541 00 46,300 00 46,300 46,400 00 40,000 00 40,000 10,000 00 11,200 00 10,000 29,280 00 28,000 00 28,000 35,000 00 36,400 00 35,000 30,000 00 30,000 00 30,000 28,000 00 28,500 00 28,000 11,400 00 10,000 00 10,000 5,900 00 5,000 00 5,000 35,000 00 36,225 00 35,000 26,000 00 25,000 00 25,000 25,000 00 26,750 00 25,000 51,500 00* 51,500 54,590 00 11,000 00 11,000 11,275 00 20,000 00 20,900 00 20,000 $671,800 $718,531 00 $671,800 00 * A legal investment when made. 1890.] 247 P U B L IC DO CU M EN T — No. 8 No. of Shares. Detailed Statement o f Bank Stocks. 32 200 205 267 50 50 100 50 50 100 50 125 100 75 150 100 50 267 254 225 150 100 150 200 50 150 150 75 50 150 166 83 130 375 300 50 100 Par Value. Andover N’l Bank, A ndover,. Atlas National Bank, Boston,. Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Central Nat’l Bank, Boston, . Columbian N’l Bank, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston,. Everett Nat’l Bank, Boston, . Faneuil Hall N’l Bank, Boston, First National Bank, Boston,. Fourth Nat’l Bank, Boston, . Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . Manufacturers’ N’l B’k,Boston, Merchants’ N’l Bank, Boston,. N’l B’k of No America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, National City Bank, Boston, . National Eagle Bank, Boston, Nat’l Exchange Bank, Boston, N ’l Hide & Leather B’k,Boston, Nat’l Webster Bank, Boston,. No^th National Bank, Boston, Shawmut Nat’l Bank, Boston, Shoe & Leather N’l B’k,Boston, State National Bank, Boston, . Suffolk Nat’l Bank, Boston, . Third National Bank, Boston, Traders’ Nat’l Bank, Boston, . First Nat’l Bank, Haverhill, . Haverhill N’l B’k, Haverhill,. Merrimack N’l B’k, Haverhill, Bay State N’l B’k, Lawrence, First National Bank, Malden., $3,200 20,000 20,500 26,700 5,000 5,000 10,000 5,000 5,000 10,000 5,000 12,500 10,000 7,500 15,000 10,000 5,000 26,700 25,400 22,500 15,000 10,000 15,000 20,000 5,000 15,000 15,000 7,500 5,000 15,000 16,600 8,300 13,000 37,500 30,000 3,750 10,000 Estimated Market Value. $4,160 00 23,600 00 22,755 00 32,574 00 6,750 00 6,075 00 12,250 00 6,500 00 5,100 00 14,300 00 12,125 00 14,687 50 9,850 00 9,375 00 16,500 00 10,500 00 7,275 00 32.574 00 34,163 00 37,125 00 14,250 00 10,300 00 19,125 00 24,000 00 5,000 00 20,850 00 19,050 00 7,050 00 6,050 00 17,250 00 17,347 00 7,885 00 20,150 00 61,875 00 49,500 00 6,000 00 13,500 00 Amount Invested. $3,200 00 20,000 00 20,500 00 26,700 00 5,000 00 5,000 00 10,000 00 5,000 00 5,000 00 10,000 00 5,000 00 12,500 00 10,000 00 7,500 00 15,000 00 10,000 00 5,000 00 26,700 00 25,400 00 22,500 00 15,000 00 10,000 00 15,000 00 20,000 00 5,000 00 15,000 00 15,000 00 7,500 00 5,000 00 15,000 00 16,600 00 8,300 00 13,000 00 37,500 00 30,000 00 3,750 00 10,000 00 $491,650 $637,420 50 $491,650 00 Detailed Statement o f Railroad Bonds. Par Value. Androscoggin & Kennebec R.R. 6s, Boston & Lowell R.R. 4s, Boston & Lowell R.R. 7s, Boston & Maine R.R. 7 s,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $25,000 $25,320 39,000 . 40,755 2,675 2,500 83,500 93,520 00 00 00 00 Amount Invested. $25,000 39,000 2,500 83,500 00 00 00 00 248 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds— Concluded. Par Value. Estimated Market Value. Amount Invested. $141,000 $152,280 00 $141,000 00 15,000 00 15,000 15,000 00 50,000 00 50,000 48,000 00 50,000 00 50,000 50,000 00 42,750 00 38,000 00 38,000 10,000 00 10,000 12,350 00 5,650 00 5,000 00 5,000 15,000 00 17,075 00 15,000 25,000 00 25,000 27,125 00 10,000 00 11,050 00 10,000 6,000 00 6,000 6,480 00 Boston & Providence R.R. 4s, . Dexter & Piscataqiüs R.R. 4s, . Fitchburg R.R. 4s, . Fitchburg R.R. 4*s, . . . . Leeds & Farmington R.R. 6s, . Maine Central R.R. 7s, Old Colony R.R. 7s, . Old Colony R.R. 6s, . Old Colony R.R. 4s, . Portland & Kennebec R.R. 6s,. West Amesbury Branch R.R. 7s, $515,000 $550,030 00 $515,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $135,935 15.000 75.000 519,000 28 00 00 00 Rate. 2i per cent. 3Ï “ 3J “ 4 “ Amount. $311,000 40.000 344,800 30.000 Rate. 00 00 00 00 44 per cent. If “ Amount. $228,700 633,656 51,350 431,575 Rate. 00 00 00 00 4| $er cent. 5 5à “ 6 Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 441 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................478 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889..................................................................................... Rate and amount of each semi-annual dividend during the ) 2 per cent., ( year ending Oct. 31, 1889...........................................................> 2£ per cent., 1 Times for the dividends fixed by the by-laws : third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 1,654 Number of accounts closed during the year ending Oct. 31, 1889, 1,374 Total number of open accounts Oct. 31, 1889, . . . . 12,537 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................... • .......................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889, 9,496 Number of same, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,431 65 4,350 00 208 04 559,681 00 226,370 78 80,254 28 101,890 34 7,013 30 617,311 00 1890.] 249 P U B L IC D O CU M EN T — No. 8. Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.....................................................................................................................$633,572 46 Number of s a m e , ............................................................................... 7,607 Date of examination by commissioner: September 13. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 7,196 $158,821 00 1,185 99,499 00 554 86,142 00 394 139,326 00 113 54 78,523 00 55,000 00 9,496 $617,311 00 not not Amount. 4,965 9 $313,364 00 4,059 00 118 76 15,709 00 9,653 00 less C o m m o n w e a lt h E ssex, To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . not Num ber. ss . of M assachusetts . * H a v e r h il l , N ov. 11, 1889. Personally appeared Fred. W . Coffin, Treasurer of the Haverhill Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E sse x , ss . W alter S. G oodell , Justice o f the Peace. H a v e r h il l , N ov . 11, 1889. Personally appeared George A . Kimball, President, and Woodbury Noyes, Eben Mitchell, Thomas S. Ruddock, Ira A. Abbott and R. Stuart Chase, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis W a l t e r S. G oodell , Justice o f the Peace. 250 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. H A Y D E N V IL L E S A V IN G S B A N K — H A Y D E N V IL L E . Incorporated March 17, 1869. Present number of corporators, 76. E l n a t h a n G r a v e s , President. B . S. J o h n s o n , Treasurer. H e n r y C. S m i t h , Clerk o f the Corporation. Names of committee charged with the investment of its funds : T h os. M . Ca r t e r , C. D . "W a i t e , B y r o n L o o m is , G eorge M a r k s , F. S. W arner. Open for business every business day, 10 a . m . to 12 B alan ce Sh e e t , October A ssets. m ., 2 to 4 p . m . 31, 1889. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Loans on depositors’ books, Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Cash on hand, . . . . $21,179 47,974 10,894 700 146,367 41,174 55 96 39 13,185 755 1,625 13 357 1,106 00 00 19 21 47 98 00 83 76 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . . . . $285,334 34 $274,841 11 7,282 92 1,443 31 1,767 00 $285,334 34 Cash on Deposit in Banks, amount in each : — Hampshire County National Bank, N o r t h a m p t o n ,.................................... $1,625 19 First National Bank, N o r t h a m p to n ,............................................................... 13 21 Detailed Statement o f Public Funds. Par Value. City of Holyoke, Mass., 7s, of Charlestown, Mass., 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $15,000 5,000 $16,350 00 5,150 00 $16,179 55 5,000 00 $20,000 $21,500 00 $21,179 55 251 P U B L IC D O C U M E N T — No. 8. 1890.] Detailed Statement o f Bank Stocks. wi OO Par Value. - £ I 50 59 10 50 37 50 43 52 10 34 First Nat’l Bank, Amherst, . Conway Nat’l Bank, Conway, Chicopee N’l B’k, Springfield, City National Bank, Holyoke, Hampshire County National Bank, Northampton, . Home Nat’l Bank, Holyoke, . First N’l Bank, Easthampton, First N’l Bank, Northampton, First Nat’l Bank, Springfield, Southington National Bank, Southington, Conn., . Estimated Market Value. Amount Invested. $5,000 5,900 1,000 5,000 $7,500 7,080 1,750 5,550 00 00 00 00 $7,520 6,607 1,700 5,625 00 80 00 00 3,700 5,000 4,300 5,200 1,000 4,440 5,500 6,020 8,840 1,450 00 00 00 00 00 4,481 5.000 5,290 6,765 1,450 66 00 00 50 00 3,400 3,536 00 3,535 00 $39,500 $51,666 00 $47,974 96 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . Estimated Market Value. Amount Invested. $5,000 3.000 2.000 $5,450 00 3,241 67 1,915 22 $5,737 50 3,241 67 1,915 22 $10,000 $10,606 89 $10,894 39 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Bank on Interest. Amount. Rate. Amount. Rate. Amount. Rate. $1,625 19 1,460 00 3^ per cent. 3| “ $4,500 00 17,225 00 4^ per cent. 5 “ $178,297 59 6 per cent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis O O Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,...............................................................• • Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 360 Aggregate amount of the same, . . . . . . . Total number of loans upon real estate, . . . . . . . . 210 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... 00 1.100 00 5 00 177,782 59 3,055 81 1-4,843 31 252 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. • Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 , ..................................................... J 2| per cent., i Times for the dividends fixed by the by-laws : second Tuesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 127 Number of accounts closed during the year ending Oct. 31, 1889, . 108 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 951 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of ta x e s ),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889, . ............................................................................... Number of same, . 687 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,...................................................................... " ....................................... Number of s a m e , ........................................................................................ 655 Date of examination by commissioner : February 7. $5,299 48 6,117 84 1,349 24 51,949 87 52,930 59 Classification o f Deposits received during the Year ending Oct. 3 1 , 1 889. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. 475 $9,853 70 108 8,811 65 52 8,454 54 36 11,976 57 9 7 5,853 41 7,000 00 687 $51,949 87 ber. T o the credit — Of women, both adult and minor, Of religious and chari table associations, . In trust................................ Amount. 170 $14,648 49 12 46 917 29 6,523 43 C o m m o n w e a l t h of M a s s a c h u s e t t s . H a m p s h i r e , s s ., N o v . 12, 1889. Personally appeared B. S. Johnson, Treasurer of the Haydenville Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W i l l i s W . S t r o n g , Justice o f the Peace. H a m p s h i r e , s s ., N ov . 12, 1889. Personally appeared Elnathan Graves, President, and Chas. D. Waite, H. C. Smith, B. W . Banks, Byron Loomis and George Marks, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W i l l i s W . S t r o n g , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 253 P U B L IC DO CU M EN T — No. 8. 1890.] H IN G H A M IN S T IT U T IO N FOR S A V IN G S — H IN G H A M . Incorporated April 2, 1834. Present number of corporators, 58. H e n r y C. H a r d i n g , Treasurer. D a n i e l B a s s e t t , President. H e n r y C. H a r d i n g , Clerk o f the Corporation. Names of committee charged with the investment of its funds: D a n ie l B asse tt , E l ij a h Sh u t e , Jo s e p h S p r a g u e , E d m u n d H e r s e y , 2d. Open for business every business day, 8 B alance a .m . to 12 Sh e e t , O cto b e r m ., 1.30 to 4 p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Railroad bonds as per schedule, Loans on railroad bonds, . Railroad notes, . . . . Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposit in bank, on interest; Deposits in banks, not on interest, Expense account, Lawrence Duck Co. stock,* Boston & Provincetown Steam ship Co. stock,* Cash on hand................................. $95,000 3,600 150,293 45,000 51,000 25,000 3,000 13,000 876,567 660,500 60,300 26,338 10,931 2,493 25,000 00 00 50 00 00 00 Deposits, . Guaranty fund, Profit and loss account, Suspense account, . $1,954,214 85 60,700 00 34,098 27 40 50 00 00 00 34 00 61 13 46 00 300 00 729 58 $2,049,053 62 $2,049,053 62 * To secure indebtedness. Cash on Deposit in Banks, amount in each: — Ilingham National Bank, H i n g h a m ,............................................................... $6,895 35 Shoe and Leather National Bank, B o s t o n ,...................................................... 26,338 61 National Webster Bank, B o s to n ,....................................................................... 4,035 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 254 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Loans on Public Funds, amount on each: — On $1,000 United States 4 s , ..................................................... On $1,000 United States 4s and $2,000 United States 4^s, On $100 United States 4 s , ...................................................... $ 1,000 00 2,500 00 100 00 Loans on Railroad Bonds, amount on each: — On $50,000 Worcester, Nashua & Rochester R.R. 4s, . On $1,000 Old Colony R.R. 6s , ............................................. $50,000 00 1,000 00 Detailed Statement o f Public Funds. Tar Value. City of Boston, Mass., 4s, of Des Moines, Iowa, 4|s, of East Saginaw, Mich., 6s, Estimated Market Value. Amount Invested. $50,000 25.000 20.000 $52,500 00 25.000 00 21.000 00 $50,000 00 25.000 00 20.000 00 $95,000 $98,500 00 $95,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 178 7 20 16 28 80 38 75 54 82 100 50 46 42 36 8 75 20 80 75 112 100 26 36 100 50 60 Tar Value. Hingham N’l Bank, Hingham, Abington N’l Bank, Abington, Brockton N’l Bank, Brockton, Old Colony N’l B’k, Plymouth, Union Nat’l Bank, Weymouth, First National Bank, Chelsea, Atlantic Nat’l Bank, Boston, Atlas National Bank, Boston, National City Bank, Boston, . N’l B’k of Commerce, Boston, National Eagle Bank, Boston, First National Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Market Nat’l Bank, Boston, . Massachusetts N’l B’k, Boston, Merchants’ N’l Bank, Boston, New England N’l B’k, Boston, N’l B’k of No. America, Boston, N’l B’k of the Republic, Boston, National Revere Bank, Boston, Shoe & Leather N’l B’k, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston, National Union Bank, Boston, Nat’l Webster-Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $12,460 700 2,000 1,600 2,800 3,000 3,800 7,500 5,400 8,200 10,000 5,000 4,600 4,200 • 8,600 2,000 7,500 2,000 8,000 7,500 11,200 10,000 2,600 3,600 10,000 5,000 6,000 $13,261 00 $12,460 00 882 00 687 00 2,230 00 2,000 00 2,400 00 1,600 00 3,136 00 2,800 00 3,900 00 3,000 00 5,415 00 3,800 00 8,850 00 7,500 00 5,130 00 5,400 00 10,578 00 8,200 00 10,800 00 10,000 00 12,125 00 5,000 00 4,531 00 4,600 00 5,124 00 4,200 00 3,528 00 3,600 00 2,180 00 2,000 00 10,912 50 7,500 00 3,240 00 2,000 00 9,760 00 8,000 00 12,375 00 7,500 00 13,888 00 11,200 00 9,400 00 10,046 50 3,146 00 2,600 00 4,140 00 3,600 00 11,350 00 10,000 00 7,150 00 - 5,000 00 6,000 00 6,000 00 $150,260 $184,931 50 $150,293 50 1890.] P U B L IC D O C U M E N T — No. 8. 255 Detailed Statement of Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Boston & Lowell B.R. 7s, Eastern R.R. 6s, . . . Boston & Maine R.R. 7 s,. Old Colony R R , 7s,. *A Estimated Market Value. $10,000 10,000 5,000 10.000 10,000 $10,750 10,700 6,300 11,200 11,300 00 00 00 00 00 $45,000 $50,250 00 Amount Invested. $10,000 10,000 5,000 10,000 10,000 00 00 00* 00 00 $45,000 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $36,775 26,338 80,000 25,000 115,000 Rate. Amount. Rate. 34 61 0 per cent. 2è “ $66,700 00 379,700 00 00 4 4i 4| 595,400 00 67,750 00 4f per cent. 4* “ 4| “ 5 H “ 00 00 “ “ “ 100,000 00 Amount. $152,717 31,000 26,675 250 00 00 00 00 Rate. 6 per cent. 6è “ 7 7JL 10 Amount invested in real estate for banking purposes....................................... Estimated value of the sam e,............................................ Assessed value of the same..................................................................................... Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 312 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................383 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 ,..................................................... I 2 per cent., 1 Times for the dividends fixed by the by-laws: first Tuesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 366 Number of accounts closed during the year ending Oct. 31, 1889, . 327 4,200 Total number of open accounts Oct. 31, 1889.................................... Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)....................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889................................................ ........ ............................................ Number of same....................................................................................... 1,859 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... Number of same...................................................................................... 1,888 Date of examination by commissioner: October 4. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis •< $3,000 3,000 2,500 13,000 14,470 354 00 00 00 00 00 09 292,332 00 36,900 00 99,016 91 37,910 55 37,834 55 3,672 11 163,848 51 217,127 87 256 B A N K CO M M ISSIO N E R S’ R E PO R T. [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Number. ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 1,265 $26,101 36 275 23,556 35 147 23,601 45 117 42,466 99 25 30 18,122 36 30,000 00 1,859 $163,848 51 not not not To the credit — O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust; . . . . Amount. 890 10 $79,727 30' 1,085 73 42 301 5,210 32: 18,556 22 less C o m m o n w e a l t h of M a s s a c h u s e t t s . P l y m o u t h , s s ., N ov . 11, 1889. Personally appeared Henry C. Harding, Treasurer of the Hingham Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, C h a r l e s W . S. S e y m o u r , Justice o f the Peace. P l y m o u t h , s s ., N ov . 11, 1889. Personally appeared Daniel Bassett, President, and Joseph Sprague, Enos Loring, Edmund Hersey, 2d, and Charles Siders, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C h a r l e s W . S. S e y m o u r , Justice o f the Peace. P l y m o u t h , s s ., N ov . 11, 1889. Personally appeared Joseph Ripley, a trustee of said corporation, and made oath that the annexed report is correct, according to his best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis E d m u n d H e r s e y , 2d, Justice o f the Peace. 257 PTTRTJf! DOCUMENT — No. 8 H O LL IST O N SA V IN G S B A N K — H O LL IST O N . Incorporated 1872. Present number of corporators, 61. D a n i e l C . M o w r y , President. O r r i n T h o m s o n , Treasurer. O r r i n T h o m s o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds: J. M . B a t c h e l d e r , H enry Bullard, U r ie l C u t l e r , 0 . W . G a ssett, J. F . F i s k e . Open for business every business day, 9 a . m . to 12 m ., 1.30 to 3.30 9 a . m . to 12 M. B alance Sh e e t , O ctober p .m ., except Saturday, 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Loans on depositors’ books, Deposits in banks, on interest, Deposits in banks, not on interest, Expense account, Framingham Savings’ Bank deposit book,* Premium account, Cash on hand, . . . . $4,000 25,326 4,890 11,700 5,301 243,501 8,065 00 00 00 00 00 00 00 28,000 1,164 22.789 5,000 1,365 44 08 00 82 $346,492 47 15,000 00 6,445 65 Deposits, . Guaranty fund, Interest account, 00 646 13 2,075 00 4,114 65 $367,938 12 $367,938 12 * Taken to secure indebtedness. Cash on Deposit in Banks, amount in each: — National Bank of the Commonwealth, Boston, Holliston National Bank, Holliston, . $14,631 49 13,157 59 Loans on Bank Stock, amount on each: — On 1 share Holliston National Bank, Holliston, . On 5 shares Holliston National Bank, Holliston, . On 14 shares Holliston National Bank, Holliston, On 20 shares Holliston National Bank, Holliston, On 25 shares Holliston National Bank, Holliston, On 35 shares Central National Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $100 00 100 00 1,100 00 500 00 1,500 00 1,590 00 258 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds. Par Value. • City of Worcester, Mass., 6s, . $4,000 Estimated Market Value. Amount Invested. $4,000 00 14,320 00 No. of Shares. Detailed Statement of Bank Stocks. Par Value. 25 Traders’ Nat’l Bank, Boston, 24 State National Bank, Boston, 7 Blackstone N’l Bank, Boston, 17 N’l B’kof the Commonwealth, Boston, . . . . 30 Home Nat’l Bank, Brockton, 30 Franklin N’l Bank, Franklin, 6 Framingham National Bank, South Framingham, . — South Framingham National Bank, South Framingham, 89 Holliston N’l Bank, Holliston, 10 People’s N’l B’k,Marlborough, 15 Blue Hill Nat’l Bank, Milton, Estimated Market Value. Amount Invested. $2,500 2,400 700 $2,375 00 3,072 00 777 00 $2,500 00 2,400 00 700 00 1,700 3,000 3,000 2,822 00 3,600 00 3,450 00 1,700 00 3,000 00 3,000 00 600 900 00 600 00 8,900 1,000 1,500 10,235 00 1,150 00 1,725 00 26 8,900 1,000 1 500 $25,300 $30,106 00 $25,326 00 00* 00 00 00 * This bank is in process of liquidation. Detailed Statement o f Railroad Bonds. Par Value. Salem & Lowell R.R. 6s, Fitchburg R.R. 5s, . Old Colony R.R. 5s, Estimated Market Value. Amount Invested. $5,700 4,000 2,000 $6,270 00 4,200 00 2,000 00 $5,700 00 4,000 00 2,000 00 $11,700 $12,470 00 $11,700 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Kate. Amount. $14,631 49 8,157 59 2 per cent. 2è “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $24,000 00 •18,824 44 Kate. 3J per cent. 5 “ Amount. $32,900 00 209,896 00 Kate. 5^ per cent. 6 “ 1890.] 259 P U B L IC D O C U M E N T — No. 8. , . $5,301 Value, by books, of real estate, held by foreclosure or otherwise, 6,700 . Assessed value of the s a m e ,.............................................................. 153 . Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each , 259 193,601 Aggregate amount of the s a m e , ...................................................... . 268 Total number of loans upon real e s t a t e , .................................... 1,711 Amount of investments from which no income is received, . Gross amount of interest or profits received or earned, as per books, during 22,487 . year ending Oct. 31, 1 8 8 9 , ............................................................... 7,130 Rate and amount of each semi-annual dividend during the £ 2 per cent., 5 7,039 year ending Oct. 31, 1889...........................................................>2 per cent., ( Times for the dividends fixed by the by-laws : first Tuesday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, . 118 Number of accounts closed during the year ending Oct. 31, 1889, . 169 Total number of open accounts Oct. 31, 1889, . . . . 1,188 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ........................................................................................................... 1,872 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889............................................................................................................... Number of s a m e , ......................................................................................... 584 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... 81,357 Number of s a m e ,..........................................................................................939 Date of examination by commissioner: February 4. 00 00 95 00 13 90 06 72 71 87 24 Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. 424 $8,328 45 61 4,790 28 41 6,540 96 41 14,073 00 9 8 6,340 49 8,238 69 584 $48,311 87 not not not To the credit — O f women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust, . . . . Amount. 319 5 $23,593 63 408 85 13 28 574 43 5,386 99 less COIVJMONWEALTH OF MASSACHUSETTS. M id d d e s e x , H o l l is t o n , N ov . 16, 1889. ss . Personally appeared Orrin Thomson, Treasurer of the Holliston Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M id d e s e x , ss . M a u r ic e F. C o u g h l in , Justice o f the Peace. H o l l is t o n , N ov . 16, 1889. Personally appeared Daniel C. Mowry, President, and James F. Fiske, J. M. Batchelder, Uriel Cutler, C. F. Thayer and 0 . W . Gassett, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, M a u r ic e F. C o u g h l in , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 260 [Jan. B A N K C O M M ISSIO N E R S’ R E P O R T . H O L Y O K E S A V IN G S B A N K — H O L Y O K E . Incorporated 1855. Present number of corporators, 96. R. B. J o h n so n , Treasurer. C. W . J o h n so n , Clerk o f the Corporation. G e o r g e W . P r e n t is s , President. Names of committee charged with the investment of its funds: G eo . W . P r e n t is s , W m . W h it in g , L e v i P e r k in s , C. H. S m i t h . Open for business every business day, 9 a .m . to 4 p . m ; also Saturday, 7 to 9 p . m . 31, 1889. B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Furniture and fixtures, Cash on hand, . . . . L ia b il it ie s . $77,400 600 235,300 5,940 213,500 1,199,271 403,935 145,405 2,172 00 Deposits, . Guaranty fund, Interest account, 00 00 00 00 $2,214,459 92 58,000 00 50,984 35 00 00 08 37 2,000 00 37,920 82 $2,323,444 27 $2,323,444 27 Cash on Deposit in Banks, amount in each : — Agawam National Bank, S p rin g fie ld ,.................................... Safety Fund National Bank, Fitchburg, . . . . Hampshire County National Bank, Northampton, Home National Bank, H o l y o k e ,............................................ Holyoke National Bank, H o l y o k e , ................................... Maverick National Bank, Boston,............................................ Springfield Safe Deposit and Trust Company, Springfield, . $ 10,000 00 5,000 00 15,000 00 10,000 00 77,036 03 18,369 05 10,000 00 Loan on Public Funds : — On $600 United States 4s, . . . . $600 00 Loans on Bank Stock, amount on each : — On 2 shares Agawam National Bank, Springfield, On 2 shares Third National Bank, Springfield, On 26 shares Palmer National Bank, Palmer, On 34 shares Holyoke National Bank, Holyoke, . On 10 shares City National Bank, Holyoke, . On 10 shares Home National Bank,«Holyoke, On 3 shares Hadley Falls National Bank, Holyoke, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $140 00 200 00 2,600 00 1,400 00 300 00 11 1,300 00 1890.] 261 P U B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. United States 4|s, . . . . United States 4s, United States 6s, . . Commonwealth of Massachusetts 5s, City of Boston, Mass., 4s, of Boston, Mass., 6s, of Holyoke, Mass., 7s, of Holyoke, Mass., 6s, of Fall River, Mass., 6s, . of Chelsea, Mass., 6s, $400 1,500 10,000 13.000 25.000 3.000 12,500 8.000 3.000 1.000 $77,400 Estimated Market Value. $416 1,900 12,000 14,090 27,000 3,750 13,750 9.300 3.300 1,100 00 00 00 00 00 00 00 00 00 00 $86,606 00 Amount Invested. $400 1,500 10,000 13.000 25.000 3.000 12,500 8.000 3.000 1.000 00 00 00 00 00 00 00 00 00 00 $77,400 00 No. of Shares. Detailed Statement o f Bank Stocks. 22 First National Bank, Adams,. 50 First Nat’l Bank, Amherst, 20 Miller’s River N’l B’k, Athol, 20 First Nat’l Bank, Chicopee, . 57 Conway N’l Bank, Conway, . 42 First N’l Bank, Easthampton, 37 Rollstone N’l B’k, Fitchburg, 33 FranklinCo N’l B’k,Greenfield, 5 First Nat’l Bank, Greenfield, . 2 First Nat’l Bank, Haverhill, . 8 City Nat’l Bank, Holyoke, 356 Holyoke Nat’l Bank, Holvoke, 192 Hadley Falls N’l B’k, Holyoke, Merrimack N’l B’k, Haverhill, 1 17 Railroad Nat’l Bank, Lowell, 25 Monson Nat’l Bank, Monson, 100 Northampton National Bank, Northampton, Hampshire County National 20 Bank, Northampton, . 151 First N’l Bank, Northampton, 5 First N’l Bank, Newburyport, 38 Palmer Nat’l Bank, Palmer, . 11 Pittsfield N’l Bank, Pittsfield, 50 Agawam N’l B’k, Springfield, 80 Chicopee N’l B’k, Springfield, 15 Citv Nat’l Bank, Springfield, 178 First Nat’l Bank, Springfield, 50 Second N’l Bank, Springfield, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Par Value. Estimated Market Value. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $2,200 5,000 2,000 2,000 5,700 4,200 3,700 3,300 500 200 800 35,600 19,200 100 1,700 2,500 $3,000 7,500 3,500 3,000 6,555 5,000 5,900 3,300 875 300 840 53,400 28,800 150 2,000 . 3,750 10,000 17,000 00 13,900 00 2,000 15,100 500 3,800 1,100 5,000 8,000 1,500 17,800 5,000 2,400 18,875 500 4,700 1,540 6,000 12,800 1,875 24,920 8,000 2,000 18,400 500 3,800 1,100 5,000 9,800 1,500 21,500 9,000 00 00 00 00 00 00 00 00 00 00 $2,200 5,000 2,000 2,000 5,700 4,200 3,700 3,300 500 200 800 35,600 25,600 100 1,700 2,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 262 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 160 87 30 3 97 4 30 26 Par Value. Third Xat’l Bank, Springfield, John Hancock National Bank, Springfield,. . . . Stafford National Bank, Staf ford Springs, Conn., . Shelburne Falls Nati Bank, Shelburne Falls,. Townsend N’l B’k, Townsend, First Nati Bank, Westfield, . First Nati Bank, Worcester,. Ware National Bank, Ware, . Estimated Market Value. Amount Invested. $16,000 $32,000 00 $22,500 00 8,700 10,500 00 9,900 00 3,000 00 3,000 300 9-700 400 3,000 2,600 300 11,640 600 4,500 3,000 300 12,000 400 3,000 2,600 00 00 00 00 00 00 00 00 00 00 $202,200 $289,020 00 $235,300 00 Detailed Statement of Railroad Bonds. Par Value. Fitchburg R.R. 7s, . . . . Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . Boston & Lowell R.R. 4s, Boston & Lowell R.R. 7s, Boston & Maine R.R. 7s,. Boston, Revere Beach &Lynn R.R. 6s,, Boston & Albany R.R. 7s, Boston & Albany R.R. 6s, Lowell & Lawrence R.R. 6s, . Nashua & Lowell R.R. 6s, Old Colony R.R. 5s, . . . Old Colony R.R. 6s, . . . Old Colony R.R. 7s, . . . Conn. & Passumpsic Rivers R.R. 7s, $2,000 10,000 15,000 19,000 8,000 49,000 5,000 26,000 12,000 4,000 13,500 2,000 24,000 4,000 20,000 Estimated Market Value. $2,160 10,600 15,000 19,000 8,600 54,550 5,500 28,600 13,460 4,600 14,900 2,120 27,600 4,400 22,000 Amount Invested. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $2,000 10,000 15,000 19,000 8,000 49,000 5,000 26,000 12,000 4,000 13,500 2,000 24,000 4,000 20,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $213,500 $233,090 00 $213,500 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. Kate. $18,369 05 127,036 03 2^ per cent. $35,000 00 1,548,750 00 4^ per cent. 5 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $8,896 00 17,100 00 Rate. 5^ per cent. “ 6 1890.] 263 PU B L IC D O C U M E N T — No. 8. Number of loans which are of an amount not exceeding $3,000 each, 284 Aggregate amount of the s a m e , ....................................................................... $330,940 00 Total amount of loans upon real e s t a t e , ............................................ 355 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31,1889,....................................................................... 116,226 27 Rate and amount of each semi-annual dividend during the j 2 per cent., f 39,369 71 year ending Oct. 31, 1 8 8 9 ,..................................................... J 2 per cent., I 40,169 68 Times for the dividends fixed by the by-laws: third Monday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, 1,815 Number of accounts closed during the year ending Oct. 31, 1889, 1,403 Total number of open accounts Oct. 31, 1889, . . . . 6,448 Expenses of fhe corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ),............................................................................................................. 6,915 83 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................. 693,807 00 Number of same, ................................................................................ 12,639 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................... 622,311 96 Number of same...................................................................................... 6,116 Date of examination by commissioner: October 29. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . Of $1,000 or more, . Num Amount. 10,155 $201,910 00 1,390 113,834 00 546 86,309 00 336 114,409 00 123 89 87,183 00 90,162 00 12,639 $693,807 00 ber. To the credit — Of women, both adult and minor, Of guardians, Of religious and char itable associations, . In trust................................ not not not Amount. 5,803 10 $306,508 00 1,456 00 94 29 11,387 00 3,854 00 less Co m m o n w ea lth of M assa ch u setts. H am pden, ss ., N ov . 12, 1889. Personally appeared R. B. Johnson, Treasurer of the Holyoke Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C. W . J o h n so n , Justice o f the Peace. H am pden, ss ., N ov . 12, 1889. Personally appeared Geo. W . Prentiss, President, and C. H. Smith, C. H. Prentiss, J. E. Delaney, Wm. A. Prentiss, L. W . Tuttle, A. Higginbottom and M. H. Whitcomb, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C. W . J o h n so n , Justice o f the Peace. 264 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan HOM E S A V IN G S B A N K — BOSTON. Incorporated 1869. Present number of corporators, 51. W . E. H o o p e r , Treasurer. W . E. H o o p e r , Clerk o f the Corporation. C h a s . H . A l l e n , President. Names of committee charged with the investment of its funds: C h a s . H. A l l e n , W m . A therton, N ew ton T alb o t, J o h n W . L e ig h t o n , T h os . F. T e m p l e , H en ry M ason. Open for business every business day, 9 a .m . to 2 until 8 p .m . f .m . B a l a n c e Sh e e t , O c t o b er A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, . Railroad bonds as per schedule, Railroad notes.............................. Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Tax tit le s ,.................................... Premium account, . . . Cash on hand, . ; Saturday, for deposits only, 31, 1889. L ia b il it ie s . $25,500 00 2,000 00 361.100 00 13,500 00 61,000 00 60,000 00 19,606 11 1,693,127 83 1,151,700 00 53,543 62 1,198 63 791 09 211 25 6,556 27 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Real estate income account, Suspense account, . $3,265,367 37 135,500 00 18,415 99 30,149 91 332 78 68 75 $3,449,834 80 $3,449,834 80 Cash on Deposit in Banks, amount in each: — Central National Bank, Boston.................................. Boylston National Bank, Boston, . . . . . . $31,458 23 22,085 39 Loan on Public Funds: — $ 2,000 00 On $2,000 United States 4 s , .................................... Loans on Bank Stock, amount on each : — On 32 shares Boylston National Bank, Boston, . On 15 shares National Security Bank, Boston, On 5 shares Brockton National Bank, Brockton, * On 15 shares National Market Bank, Brighton, . On 40 shares Central National Bank, Boston, On 7 shares Tremont National Bank, Boston, On 15 shares Continental National Bank, Boston, On 20 shares Atlas National Bank, Boston, . On 10 shares Central National Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $3,200 00 ¿ 2,000 00 1.500 00 3.500 00 ^ 1,500 00 £ 1,800 00 1890.] 265 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. City of Cleveland, Ohio, 6s, . ' . of Cleveland, Ohio, 7s, . ' . of Cambridge, Mass., 6 s,. of Dover, N. 11., 6s, . of Bay City, Mich., 8s, Town of Hyde Park, Mass., 4s, City of Indianapolis, Ind., 7T3„s, of Springfield, Mass., 7s, Town of St. Johnsbury, Yt., 4-|s, f 1,000 5,000 1,000 2,000 5,500 2,000 2,000 2,000 5,000 $25,500 stimateci Market Value. $1,100 5,300 1,100 2,140 8,050 2,040 2,240 2,540 5,000 00 00 00 00 00 00 00 00 00 $29,510 00 Amount Invested. $1,000 5,000 1,000 2,000 5,500 2,000 2,000 2,000 5,000 00 00 00 00 00 00 00 00 00 $25,500 00 Detailed Statement o f Bank Stocks. O . »£4 £ 1 13 200 100 14 40 20 * 52 70 125 100 62 128 50 150 80 20 200 200 200 50 150 200 150 400 200 82 100 59 200 116 50 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, Blackstone N’i Bank, Boston, Boston National Bank, Boston, Columbian N’l Bank, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston, Everett Nat’l Bank, Boston, . First National Bank, Boston, Freeman’s Nat’ l Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Nat’l Market Bank, Brighton, Market Nat’l Bank, Boston, . Hamilton Nat’l Bank, Boston, Massachusetts N’l B’k, Boston, Merchants’ N’l Bank, Boston, New England N’l B’k, Boston, North National Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, National Revere Bank, Boston, Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, Shoe & Leather N’l B’k, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston, National Union Bank, Boston, Nat’l Webster Bank, Boston,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,300 20,000 10,000 1,400 4,000 2,000 5,200 7,000 12,500 10,000 6,200 12,800 5,000 15,000 8,000 5,000 20,000 20,000 20,000 5,000 15,000 20,000 15,000 40,000 20,000 8,200 10,000 5,900 20,000 11,600 5,000 $361,100 Estimated Market Value. $1,852 23,650 11,275 1,708 4,860 2,450 6,838 7,210 30,312 10,375 7,440 14,080 5,000 15,000 10,080 5,487 28,900 32,450 27,800 6,112 20,175 33,400 18,600 70,000 26,000 7,728 12,100 6,799 22,700 16,588 5,000 50 00 00 00 00 00 00 00 50 00 00 00 00 00 00 50 00 00 00 50 00 00 00 00 00 50 00 75 00 00 00 $491,972 25 Amount Invested. $1,300 20,000 10,000 1,400 4,000 2,000 5,200 7,000 12,500 10,000 6,200 12,800 5,000 15,000 8,000 5,000 20,000 20,000 20,000 5,000 15,000 20,000 15,000 40,000 20,000 8,200 10,000 5,900 20,000 11,600 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $361,100 00 266 [Jan. B A N K CO M M ISSIO N ERS’ R E P O R T . Detailed Statement o f Railroad Bonds. Par Value. Estimated Amount Invested. Market Value. Boston & Albany R.R. 7s, Fitchburg R.R. 4s, . . . . Leeds & Farmington R.R. 6s, . Lowell & Lawrence R.R. 6s, . Old Colony R.R. 4s,. Portland & Ogdensburg R.R. 6s, . $8,000 80,000 5.000 2.000 15,000 1,000 $61,000 $8,480 29,400 5,600 2,280 15,750 1,180 00 00 00 00 00 00 $62,690 00 $8,000 30.000 5.000 2.000 15.000 1,000 00 00 00 00 00 00 $61,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $22,085 31,458 160,000 178,000 Rate. 39 23 00 00 2 3 4 4i per cent. “ “ Amount. $735,750 144,000 25,000 1,237,513 Rate. 00 00 00 09 4| per cent. 4| “ 4£ “ 5 “ Amount. $51,300 115,150 259,414 14,200 Rate. 00 00 74 00 5| per cent. 5J 6 “ 7 Value, by books, of real estate, held by foreclosure or otherwise, . ’ . $19,606 11 Assessed value of the same, ...................................................... . . . 28,125 00 Net income received from same during year ending Oct. 31, 1889, . . 222 69 Number of loans which are of an amount not exceeding $3,000 each,. 236 353,129 09 Aggregate amount of the same, . . . * ............................................. Total number of loans upon real e s t a t e , ............................................. 369 Amount of investments from which no income is received, . . . . 2,553 97 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889...................................................................................... 158,554 32 Rate and amount of eachsemi-annual dividend during the 1 2 per cent., f 53,757 47 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., 1 57,352 54 Times for the dividends fixed by the by-laws: second Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 2,901 Number of accounts closed during the year ending Oct. 31, 1889, 2,021 Total number of open accounts Oct. 31, 1889, . . . . 16,135 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ................................................................................................ 19,304 25 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1889.................................................................................. 1,178,769 07 Number of s a m e , .................................................................................16,011 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................... 859,766 03 Number of s a m e , ................................................................................. 10,633 Date of examination by commissioner: March 12. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 267 PU B LIC DO CU M EN T — No. 8. Classification o f Deposits received during the Year ending Oct. 3 1 , 18 S 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 11,843 $221,341 63 1,897 156,836 83 1,052 165,665 56 807 283,928 63 212 200 148,046 56 202,949 86 not not not less - ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust, . . . . Amount. 4,669 30 $404,107 24 4,597 64 108 997 24,320 04 108,360 64 16,011 $1,178,769 07 Co m m o n w ea lth of M a s sa c h u s e t t s . Suffolk, ss ., N o v . 2, 1889. Personally appeared W . E. Hooper, Treasurer of the Home Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E d w i n A. S tone , Justice o f the Peace. S u ffo lk , ss ., N ov. 6, 1889. Personally appeared Chas. H. Allen, President, and D. W . Farquhar, Chas. W . Bradstreet, Thos. F. Temple, Jas. H- Freeland and Henry Mason, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis W m . H, T h o m e s , Justice o f the Peace. 268 [Jan B A N K C O M M ISSIO N E R S’ R E P O R T . HOOSAC S A V IN G S B A N K — N O R T H A D A M S. Incorporated 1871. Present number of corporators, 15. 0 . A . A r c h e r , President. W . W . R ich m o n d , Treasurer. W . W . R ich m o n d , Clerk o f the Corporation. Names of committee charged with the investment of its funds: D. J. B a r b e r , J. M. C h a s e , T. Co ll in s , W . ~W. R ich m o n d . Open for business every business day, except Saturday, 9 Saturday, 9 a .m . to 12 m ., 1 to 6 B a l a n c e Sh e e t , O c t o b e r A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on real estate, . Loans on personal security, Loans on depositors’ books, Deposits in banks,not on interest, Expense account, Furniture, etc., . . . . Cash on hand................................ a .m p .m . to 12 m ., 1 to 4 p .m 31, 1889. L ia b il it ie s . $19,533 9,920 214,197 67,496 375 4,867 885 243 671 05 00 86 01 00 27 31 90 06 $318,189 46 Deposits, . Guaranty fund, Interest account, $306,097 29 5,418 95 6,673 22 $318,189 46 Cash on Deposit in Banks, amount in each: — Adams National Bank, North Adams................................................................. $2,556 33 Berkshire National Bank, North A d a m s , ......................................................2,310 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .; . 1890.] 269 P U B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Cleveland, Ohio, 5s, . of Cleveland, Ohio, 4s, . of Lynn, Mass , 4s, . of Columbus, Ohio, 4s, . Town of Pawtucket, R. I., 5s, $6,000 2,000 2,000 1,000 7,000 $18,000 Estimated Market Value. $6,480 2,120 2,060 1,052 7,805 00 00 00 50 00 $19,517 50 Amount Invested. $6,495 2,120 2,060 1,052 7,805 55 00 00 50 00 $19,533 05 No. of Shares. Detailed Statement o f Bank Stocks. 78 7 Par Value. Berkshire Nat’l Bank, North Adams, . . . . Adams N’l B’k, North Adams, Estimated Market Value. Amount Invested. $7,800 700 $7,800 00 945 00 $9,080 00 840 00 $8,500 $8,745 00 $9,920 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $66,800 00 Kate. Amount. Kate. 5 per cent. $215,268 87 6 per cent. Amount. Rate. - Number of loans which are of an amount not exceeding $3,000 each,. 255 Aggregate amount of the same.............................................................................. $213,693 87 Total number of loans upon real estate,.....................................................205 Amount of investments from which no income is received, . . . . 9,080 00 Gross amount of interest or profits received or earned, as per hooks, during year ending Oct. 31, 1889..................................................................................... 20,584 87 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 5,108' 64 year ending Oct. 31, 1 8 8 9 , .....................................................3 2 per cent, 1 5,244 97 Times for the dividends fixed by the by-laws : June 1 and December 1. Number of accounts opened during the year ending Oct. 31, 1889, . 436 Number of accounts closed during the year ending Oct. 31, 1889, . 284 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 270 [Jan. B A N K CO M M ISSIO N ERS’ R E P O R T . Total number of open accounts Oct. 31, 1889, . . . . 1,368 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ..................................................... ........ 1,859 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,................................................................................................................... Number of s a m e , ................................................................................1,065 Date of examination by commissioner: June 13. $1,704 29 135,966 64 116,823 98 Classification o f Deposits received during the Year ending Oct. 31, 1 8 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 1,322 $23,495 57 251 16,315 00 131 17,685 00 85 22,303 42 35 35 9,567 65 46,600 00 1,859 $135,966 64 Num ber. To the credit — O f women, both adult and minor, O f religious and chari table associations, . In trust................................ not not not Amount. 726 $45,950 00 15 13 1,720 86 3,725 34 less Com m onw ealth of M assa ch u setts. B e r k s h ih e , ss ., N ov . 18, 1889. Personally appeared W . W . Richmond, Treasurer of the Hoosac Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, G eo . P. L a w r e n c e , Justice o f the Peace. B e r k s h ir e , ss ., N o v . 19, 1889. Personally appeared 0 . A. Archer, President, and W . W . Butler, Timothy Collins, J. H. Flagg, J. M. Chase and A. B. Wright, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, G eo . P. L a w r e n c e , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M ENT — No. 8. 271 H O P K IN TO N SA V IN G S B A N K — H O P K IN TO N . Incorporated March 23, 1867. Present number of corporators, 21. E d w a r d D. B l is s , Treasurer. A l v a n A . S w e e t , President. E dw ard D. B l is s , Clerk o f the Corporation. Names of committee charged with the investment of its funds: A l v a n A. S w e e t , L o w e l l B. M a y b r t , Sa m u e l C r o o k s, A lo n zo C o b u r n , C h arles H . M orse. Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 12 m . a .m . to 12 m ., 1.30 to 4 p . m .; B alance Sheet , October 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Insurance account, Pacific Bank account, Cash on hand, . . . . L ia b il it ie s . $19,830 59.105 1,500 70,670 122,296 31,100 00 74 00 00 00 00 600 8,200 1,000 10 1,000 556 00 02 00 50 00 58 Deposits, . Guaranty fund, Profit and loss ac count, . $315,868 84 $298,032 62 11,017 38 6,818 84 $315,868 84 Cash on Deposit in Bank : — Hopkinton National Bank, H o p k i n t o n ,...................................................... $9,200 02 Loans on Bank Stock, amount on each : — On 7 shares Hopkinton National Bank, H opk in ton ,.................................... On 10 shares Home National Bank, M i l f o r d , ............................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $500 00 1,000 00 B A N K CO M M ISSIO N ERS’ R E P O R T 272 [Jan Detailed Statement o f Public Funds. Par Value. City of of of of Belfast, Me , 6s, . Bangor, Me., 6 s,. Dayton, Ohio, 4s,. Portland, Me., 6s, Estimated Market Value. $3,920 6,050 5,100 7,380 $3,500 5.000 5.000 6.000 $19,500 00 00 00 00 $22,450 00 Amount Invested. $3,630 5,200 5.000 6.000 00* 00* 00 00* $19,830 00 * Legal investments when made. j Shares, No. of | Detailed Statement o f Bank Stocks. 60 13 50 15 15 50 38 61 40 25 10 50 16 25 5 Par Value. Shawmut Nat’l Bank, Boston, N ’l Hide & Leather B’k, Boston, N’l B’k of Redemption, Boston, Faneuil Hall N’l Bank, Boston, N’l B’k of the Republic, Boston, Continental N’l Bank, Boston, Nat’l Revere Bank, Boston, . Atlas National Bank, Boston, North Nat’l Bank, Boston, Everett Nat’l Bank, Boston, . Nat’l Exchange Bank, Boston, Atlantic N at’l Bank, Boston, . Howard Nat’l Bank, Boston, . Franklin N’l Bank, Franklin, Natick Nat’l Bank, Natick, . $ 6 ,0 0 0 1,300 5,000 1,500 1,500 5,000 3,800 6 ,1 0 0 4,000 2,500 1 ,0 0 0 5,000 1,600 2,500 500 $47,300 Estimated Market Value. Amount Invested. 00 00 00 75 00 00 00 '25' 00 00 00 00 00 00 00 $7,493 74 1,404 0 0 6,890 0 0 1,965 0 0 1,980 0 0 5,930 0 0 4,607 50 7,505 0 0 5,355 0 0 2,750 0 0 1,385 50 6,590 0 0 1,800 0 0 2,950 0 0 500 0 0 $60,784 00 $59,105 74 $7,800 1,560 6,725 2,148 2,505 6,125 4,712 7,213 5,560 2,575 1,275 7,125 1,760 3,000 700 Detailed Statement o f Railroad Bonds. Par Value. Boston & Maine R.R. 7 s,. Old Colony R.R. 7s............................ Old Colony R.R. 6s, . . . Fitchburg R.R. 7s, . Fitchburg R.R. 5s, . Boston, Clinton & Fitchburg R.R. 7s, Boston, Revere Beach & Lynn R.R. 6s, Salem & Lowell R.R. 6s, Newport & Richford R.R. 5s, . Nashua & Lowell R.R. 5s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 6,000 2,000 3.000 5.000 7.000 10,000 10,000 10,000 10,000 $68,000 Estimated Market Value. $5,450 6,795 2,260 3,300 5,250 7,017 11,300 11,650 10,500 11,000 00 00 00 00 00 50 00 00 00 00 $74,522 50 Amount Invested. $5,095 6,170 2,020 3,045 5,100 7,130 10,880 10,630 10.300 10.300 00 00 00 00 00 00 00 00 00 00 $70,670 00 1890.] 273 P U B L IC D O CU M EN T — No. 8. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. Kate. Rate. Amount. . $8,200 02 10,000 00 2£ per cent. 4 “ $15,000 00 28,100 00 4J per cent. 5 $12,700 00 89,696 00 5J per cent. 6 “ Number of loans which are of an amount not exceeding $3,000 each,. 204 $98,996 00 Aggregate amount of the s a m e , ....................................................................... .............................................208 Total number of loans upon real estate, . 1,000 00 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during 16,684 60 year ending Oct. 31, 1 8 8 9 , ............................................ ........ 5,589 69 Rate and amount of each semi-annual dividend during the 7 2 per cent., t year ending Oct. 31, 1 8 8 9 , ..................................................... >2 per cent., ( 5,503 71 Times for the dividends fixed by the by-laws : Friday preceding first Satur day in May and November. Number of accounts opened during the year ending Oct. 31, 1889, . 140 Number of accounts closed during the year ending Oct. 31, 1889, . 87 Total number of open accounts Oct. 31, 1889,' . . . . 1,203 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 1,392 56 of t a x e s ) , .......................................................................................................... Amount of deposits, not including dividends, received during the year 51,444 01 ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s a m e , ......................................................................................829 Amount of withdrawals, including dividends, during the year ending Oct. 56,292 68 31, 1 8 8 9 , .......................................................................................................... Number of s a m e , ......................................................................................558 Date of examination by commissioner: April 18. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. 580 $11,775 52 141 11,405 52 73 11,802 54 27 10,591 00 7 1 4,869 43 1,000 00 829 $51,444 01 not not not less ber. To the credit — O f women, both adult and minor, Of guardians, Of religious and charitable associations, . In trust, . . . . Amount. 342 1 $20,717 23 800 00 7 8 441 15 1,104 73 274 B A N K COM M ISSIO N ERS’ R E P O R T . Co m m o n w ealt h M id d l e s e x , ss . of [Jan. M assach u setts . H opkinton , N ov. 1, 1889. Personally appeared Edward D. Bliss, Treasurer of the Hopkinton Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M id d l e s e x , C l e m e n t M eserve , Notary Public. H opkinton , N ov. 1, 1889. ss . Personally appeared Alvan A. Sweet, President, and C. H. Morse, A. Bridges, A. Coburn, W . A. Frail and C. B. Holman, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C l e m e n t M e s e r v e , Notary Public. 1890.] P U B L IC D O CU M EN T — No. 8 275 HUDSOW S A V IN G S B A N K — H U DSON. Incorporated 1869. Present number of corporators, 42. E d m u n d M . S t o w e , President. D a n ie l W . S t r a t t o n , Treasurer. J oel M . P e t t in g il l , Clerk o f the Corporation. Names of committee charged with the investment of its funds: E d m u n d M . Sto w e, L um an T . Je fts, J o se p h S. B r a d l e y , B en j. D e a r b o r n . Open for business every business day, 9 a . m . to 12 m ., and Saturday, 1 to 5 and 6 to 8 p .m . B alance Sheet , October 31,1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Cash on hand, . . . . L ia b il it ie s . $48,820 31,300 1,600 56,500 345,350 16,075 00 00 00 00 00 00 26,100 11,852 740 135 1,709 00 37 23 00 79 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $540,182 39 $519,076 93 10,500 00 3,186 50 7,418 96 $540,182 39 Cash on Deposit in Banks, amount in each: — Hudson National Bank, Hudson, . . International Trust Company, Boston, . .............................................$740 23 .................................... 11,852 37 Loans on Bank Stock, amount on each : — On 11 shares First National Bank, Clinton, On 8 shares Hudson National Bank, Hudson https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . . . . . . . $1,100 00 500 00 276 B A N K CO M M ISSIO N ERS’ R E P O R T [Jan Detailed Statement o f Public Funds. Par Value. City of Cleveland, Ohio, 6s, Town of Clinton, Mass., 4s, City of Columbus, Ohio, 4s, of Fall River, Mass., 5s, . of Fall River, Mass., 6s, . of Grand Rapids, Mich., 5s, Town of Ilopkinton, Mass., 4s, of Northampton, Mass., 6s, . City of Taunton, Mass., 4s, Estimated Market Value. $5,000 12,000 7,000 5,000 2,000 5,000 5,000 3,000 5,000 1 $49,000 $5,550 12,660 7,070 6,100 2,360 5,700 5,050 3,180 5,100 00 00 00 00 00 00 00 00 00 $52,770 00 Amount Invested. $5,000 12,000 7,000 5,000 2,000 5,000 5,000 2,820 5,000 00 00 00 00 00 00 00 00 00 $48,820 00 No. of Shares. Detailed Statement o f Bank Stocks. 25 4 57 30 75 50 27 Par Value. Howard Nat’l Bank, Boston, . Shoe&LeatherN’l B’k,Boston, State National Bank, Boston, Third National Bank, Boston, Hudson Nat’l Bank, Hudson, National City Bank, Lynn, Nat’l Webster Bank, Boston,. Estimated Market Value. $2,500 400 5,700 3,000 7,500 5,000 2,700 $26,800 $2,750 377 6,890 3,120 8,250 9,750 2,700 00 00 00 00 00 00 00 $33,837 00 Amount Invested. $2,500 400 5,700 3,000 7,500 9,500 2,700 00 00 00 00 00 00 00 $31,300 00 Detailed Statement o f Railroad Bonds. j Boston & Albany R.R. 7s, < Boston & Lowell R.R. 5s, Boston & Maine R.R. 7 s,. Boston, Revere Beach &Lynn R.R. 6s, Fitchburg R.R. 5s, . Eastern R.R. 6s, . . . Old Colony R.R. 6s,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis *A Par Value. Estimated Market Value. $10,000 5,000 5,500 5,000 20,000 5,000 6,000 $10,750 5,500 5,995 5,675 21,330 6,300 6,930 $56,500 $62,480 00 legal investment when made. 00 00 00 00 00 00 00 Amount Invested. $10,000 5,000 5,500 5,000 20,000 5,000 6,000 00 00 00 00 00 00* 00 $56,500 00 277 P U B L IC D O CU M EN T — No. 8. 1890.] Total Amount of Loans with Each Specified Rate'of Interest, including Deposits in Banks on Interest. Rate. Amount. Rate. 3 per cent. 4 “ 4¿ “ $205,850 00 53,475 00 103,500 00 5 per cent. 5è Amount. $11,852 37 20,000 00 3 500 00 6 Rate. Amount. $100 00 1,500 00 1,200 00 6J per cent. 7 7è “ Number of loans which are of an amount not exceeding $3,000 each, . 266 Aggregate amount of thesame................................................................................ $241,250 Total number of loans upon real estate,......................................................280 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889...................................................................................... 26,771 Rate and amount of each semi-annual dividend during the |2 per cent.,] 9,038 year ending Oct. 31, 1889, . . . . . . . J 2 per cent., 1 9,609 Times for the dividends fixed by the by-laws: third Wednesday in Jan uary and July. Number of accounts opened during the year ending Oct. 31, 1889, . 386 Number of accounts closed during the year ending Oct. 31, 1889, . 279 Total number of open accounts Oct. 31, 1889, . . . . 1,903 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of t a x e s ),.............................................................................................................................. 1,610 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,....................................... 132,429 Number of s a m e , ..................................................... 1,897 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................... 114,648 Number of s a m e , .......................................................................................... 1,158 Date of examination by commissioner: July 29. 00 66 55 46 41 00 70 Classification o f Deposits received during the Year ending Oct. 3 1 , 1S89. Hum ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 1,432 $25,072 00 227 18,748 00 104 17,105 00 80 . 27,502 00 32 22 22,002 00 22,000 00 1,897 $132,429 00 not not not less ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust................................ Amount.. 698 12 $47,280 00 3,288 00 37 173 3,157 00 10,603 00 278 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. C o m m o n w e a l t h of M a ss a c h u s e tt s . H u d s o n , N o v . 15, 1889. M id d l e s e x , ss. Personally appeared Daniel W . Stratton, Treasurer of the Hudson Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the mat ters to which they relate, according to his best knowledge and belief. Before me, F r e d O . W e l s h , Justice o f the Peace. H u d s o n , N ov . 15, 1889. M i d d l e s e x , ss . Personally appeared Edmund M. Stowe, President, and James L. Harriman, Geo. B. Cochran, James T. Joslin, W m . H. Brigham, Horace E. Stowe, Wm. F. Trowbridge and Joseph S. Bradley, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, F r e d 0 . W e l s h , Justice o f the Peace. 1890.] 279 P U B L IC D O CU M EN T — No. 8. H Y D E P A R K S A V IN G S B A N K — H Y D E PA R K . Incorporated March 8, 1871. Present number of corporators, 35. A r t h u r H. B u r t , Treasurer. R o b e r t B l e a k i e , President. A r t h u r H. B u r t , Clerk o f the Corporation. Names of committee charged with the investment of its funds : R obert B l e a k ie , D a v id P e r k in s , H e n r y S. B u n t o n , S i d n e y C. P u t n a m , W i l l i a m J. S t u a r t . Open for business every business day, 2 to 6 p . m . ; also Wednesday and Saturday, 7 to 9 p .m . B a l a n c e Sh e e t , O c t o b e r L ia b il it ie s . A ssets. Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), . . Deposits in banks, on interest, . Expense account, Cash on hand................................ 31, 1889. $3,700 25.000 154,865 93.000 00 00 00 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $266,906 74 7,487 51 5,565 58 13,738 30 6,000 00 7,755 85 487 68 2,889 60 $293,698 13 $293,698 13 Cash on Deposit in Banks, amount in each: — Continental National Bank, B o s t o n , ...............................................................$1,478 72 Maverick National Bank, B o s to n ,........................................................................ 6,277 13 No. of Shares. Detailed Statement o f Bank Stocks. 13 10 14 Par Value. Freeman’s Nat’l Bank, Boston, N’l B’k of Commerce, Boston, First N’l Bank, Newburyport, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $1,300 1,000 1,400 $1,345 50 1,280 00 1,694 00 $1,300 00 1,000 00 1,400 00 $3,700 $4,319 50 $3,700 00 280 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 6s, . Boston & Albany R.R. 7s, Boston & Maine R.R. 7s, Boston & Providence R.R. 7s, Boston,Revere Beach &LynnR.R.6s, Fitchburg R.R. 5s, . Old Colony R.R. 6s, . . . Old Colony R.R. 7s, . . . $4,000 1,000 1,000 1,000 5,000 7,000 5,000 1,000 $25,000 Estimated Market Value. $4,480 1,070 1,120 1,110 5,600 7,490 5,650 1,120 00 00 00 00 00 00 00 00 $27,640 00 Amount Invested. $4,000 1,000 1,000 1,000 5,000 7,000 5,000 1,000 00 00 00 00 00 00 00 00 • $25,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. Kate. Amount. Kate. $1,478 72 6,277 13 6,000 00 2 per cent. 2h “ 4 “ $9,500 00 53,000 00 178,465 00 5 per cent. 5à “ 6 $4,500 00 2,400 00 7 per cent. 8 Number of loans which are of an amount not exceeding $3,000 each, 133 Aggregate amount of the s a m e , ........................................................................ $151,865 00 Total number of loans upon real e s t a t e , .............................................124 Gross amount of interest or profits received or earned, as per books, dur ing year ending Oct. 31, 1 8 8 9 , ........................................................................ 15,242 '54 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 4,092 74 year ending Oct. 31, 1 8 8 9 ,...................................................... 1 2 per cent., I 4,364 10 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 501 Number of accounts closed during the year ending Oct. 31, 1889, . 294 Total number of open accounts Oct. 31, 1889, . . . . 1,731 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 1,324 41 ta xe s),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. 163,506 25 Number of s a m e , .................................................................................3,188 Amount of withdrawals, including dividends, during the year ending Oct. 135,660 33 31, 1889..................................................................................................................... Number of s a m e , ................................................................................. 1,836 Date of examination by commissioner: July 6. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8. 281 Classification o f Deposits received during the Year ending Oct. 31, 1 889. Num Num Amount. ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 2,580 $41,679 55 299 24,647 04 159 25,035 99 105 • 28 17 34,863 81 3,188 $163,506 25 not not not less Amount. ber. To the credit — Of women, both adult and minor, O f guardians, Of religious and charitable associations, . In trust, . 1,290 9 $57,104 17 439 82 59 66 4,074 87 15,257 38 20,196 98 17,082 88 C o m m o n -w e a l t h o f M a s s a c h u s e t t s . N o r f o l k , s s ., N o v . 9, 1889. Personally appeared Arthur H. Burt, Treasurer of the Hyde Park Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E d m u n d D a v i s , Justice o f the Peace. N o r f o l k , s s ., N o v . 9, 1889. Personally appeared Robert Bleakie, President, and W m. J. Stuart, Sidney L. Putnam, David Perkins, Henry S. Bunton and George Sanford, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, E d m u n d D a v i s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 282 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. IN S T IT U T IO N FOR S A V IN G S I N N E W B U R Y P O R T A N D ITS V IC IN IT Y — N E W B U R Y P O R T . Incorporated 1820. Present number of corporators, 81. E d w a r d S. M o s e l e y , President. P h i l i p K . H i l l s , Treasurer. L a w r e n c e W . P i p e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds: E d w d . S. M o s e l e y , M . E . H ale, L . B . Cu s h in g , Sam uel M a r c h , W il l ia m H . Sw a s e y . Open for business every business day, except Saturday, 9 Saturday, close at 1 p .m . B ala n ce S h e e t , O ctober . to 1 p . m ., 2.30 to 4 p . m . ; 31, 1889. A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on railroad bonds, . Railroad notes, . . . . . Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Deposits in banks, on interest, . Cash on hand, . . . . a .m L ia b il it ie s . $838,000 931,920 8,600 395,000 50,800 75.000 00 00 00 00 00 00 $5,072,792 92 234,000 00 Deposits, . . Guaranty fund, Profit and loss ac count, ., 59,735 33 10.000 00 821,861 00 1,702,970 00 364,500 00 166,863 47 1,013 78 $5,366,528 25 $5,366,528 25 Cash on Deposit in Banks, amount in each : — Mechanicks’ National Bank, Newburvport, . First National Bank, Newburyport, . . . . Powow River National Bank, Amesbury, Amesbury National Bank, Amesbury, . . . . Essex National Bank, H averhill,.................................... . $39,375 52,487 25.000 25.000 25.000 95 52 00 00 00 Loans on Bank Stock, amount on each : — On 53 shares Mechanicks’ National Bank, Newburyport, On 88 shares Merchants’ National Bank, Newburyport, On 9 shares Amesbury National Bank, Amesbury, On 7 shares Mechanicks’ National Bank, Newburyport, On 4 shares First National Bank, Newburyport, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis | $6,800 00 750 00 650 00 400 00 1890.] 283 P U B L IC D O CU M ENT — No. 8 Loans on Railroad Bonds, amount on each: — On $50,000 Worcester, Nashua & Rochester R.R. bonds, . . . . On $1,000 Boston & Maine R.R. b o n d s , ..................................................... $50,000 00 800 00 Detailed Statement of Public Funds. Par Value. City of Boston, Mass., 4s, of Bangor, Me., 7s, . of Concord, N. H , 6s, of Des Moines, Iowa, 4±s, of Holyoke, Mass., 6s, of Lynn, Mass., 6s, . of Lynn, Mass., 4s, . of Lynn, Mass., 3^s, of Lewiston, Me., 6s, of Lawrence, Mass., 4s, . of Lowell, Mass., 4s, of Nashua, N. H., 6s, of Nashua, N H., 4s, of Newburyport, Mass., 6s, of Newburyport, Mass., 4s, of Somerville, Mass., 4s,. of Springfield, Mass., 7s, . of Worcester, Mass., 3^s, of Waltham, Mass , 4s, . Town of Beverly, Mass., 4s, . of Melrose, Mass., 7s, . of Marlborough, Mass., 4s, . of Marblehead, Mass., 4s, of Turner’s Falls, Mass , 4s, Amount Invested. $100,000 $112,000 00 $100,000 00 30,875 00 25,000 00* 25,000 37,590 00 35,000 00 35,000 25,000 00 25,000 00 25,000 30,000 00 25,000 00 25,000 81,625 00 75,000 00 75,000 53,000 00 50,000 00 50,000 25,000 00 25,000 00 25,000 10,200 00 10,000 00 10,000 31,500 00 30,000 00 30,000 21,000 00 20,000 00 20,000 52,500 00 50,000 00 50,000 25,000 00 26,150 00 25,000 60,700 00 60,000 00 60,000 99,560 00 95,000 00 95,000 11,550 00 11,000 00 11,000 40,000 00 55,200 00 40,000 25,125 00 25,000 00 25.000 19,000 00 19,000 1 19,930 00 14,840 00 14,000 00 14,000 8,000 00 8,600 00 8,000 33,170 00 31,000 00 31,000 32,070 00 30,000 00 30,000 10,000 00 10,000 00 10,000 $838,000 *A Estimated Market Value. $907,185 00 $838,000 00 legal Investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 122 750 47 37 100 108 300 221 250 286 74 100 240 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Old Boston N’l Bank, Boston, National City Bank, Boston, . Columbian N’l Bank, Boston, N ’l B’k of Commerce, Boston, N’l B’k of the Commonwealth, Boston, . . . . National Eagle Bank, Boston, Eliot National Bank, Boston, N’l Exchange Bank, Boston, . Faneuil Hall N’l B’k, Boston. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $12,200 75,000 4,700 3,700 10,000 10,800 30,000 22,100 $17,385 88,687 5,300, 4,514 11,900 10,260 36,450 28,288 00 00 00 00 00 00 00 00 $12,200 75,000 4,700 3,700 10,000 10,800 30,000 22,100 00 00 00 00 00 00 00 00 25,000 28,600 7,400 10,000 24,000 42,437 29,458 9,731 12,750 34,560 00 00 00 00 00 25,000 28,600 7,400 10,000 24,000 00 00 00 00 00 284 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. No. of Shares. D etailed Statement o f B an k Stocks — Concluded. 100 270 142 250 150 267 508 33 200 173 100 302 60 258 375 480 200 400 69 225 225 -500 208 353 200 215 1226 105 14 60 Par Value. First National Bank, Boston,. $10,000 27,000 Freeman’s Natl Bank, Boston, 14,200 Globe National Bank, Boston, 25,000 Hamilton Natl Bank, Boston, 15,000 N’l Hide &Leather B’k,Boston, 26,700 Howard Natl Bank, Boston, . 50,800 Market Natl Bank, Boston,. 8,250 Massachusetts N’l B’k, Boston, 20,000 Maverick Natl Bank, Boston, 17,300 Merchants’ N’l Bank, Boston, 10,000 New England N’l B’k, Boston, 30,200 North National Bank, Boston, 6,000 N’l B’k of No. America, Boston, 25,800 N’l B’k of Redemption, Boston, 37,500 Natl Revere Bank, Boston, . 48,000 Second Natl Bank, Boston, . 20,000 Shawmut Natl Bank, Boston, 40,000 Shoe & Leather N’l B’k, Boston, 6,900 State National Bank, Boston, 22,500 Suffolk Natl Bank, Boston, . 22,500 Traders’ Nat’l Bank, Boston, 50,000 Tremont Natl Bank, Boston, 20,800 National Union Bank, Boston, 35,300 Washington N’l Bank, Boston, 20,000 Nat’l Webster Bank, Boston, Mechanicks’ National Bank, 21,500 Newburyport, Merchants’ National Bank, 24,520 Newburyport, 5,250 Ocean N’l B’k, Newburyport, 1,400 First N’l Bank, Newburyport, 6,000 Gloucester N’l B’k, Gloucester, Estimated Market Value. Amount Invested. $24,250 00 28,012 00 13,987 00 31,500 00 18,000 00 29,370 00 50,800 00 9,055 00 48,000 00 24,999 00 16,225 00 41,978 00 7,335 00 34,701 00 46,500 00 84,000 00 26,000 00 37,700 00 8,349 00 25,931 00 21,375 00 56,750 00 29,744 00 44,302 00 20,000 00 $10,000 00 27,000 00 14,200 00 25,000 00 15,000 00 26,700 00 50,800 00 8,250 00 20,000 00 17,300 00 10,000 00 30,200 00 6,000 00 25,800 00 37,500 00 48,000 00 20,000 00 40,000 00 6,900 00 22,500 00 22,500 00 50,000 00 20,800 00 35,300 00 20,000 00 26,660 00 21,500 00 31,876 6,825 1,680 8,220 00 00 00 00 24,520 5,250 • 1,400 6,000 00 00 00 00 $931,920 $1,185,844 00 $931,920 00 D etailed Statem ent o f R ailroad Bonds. Par Value. Eastern R R. 6s, Old Colony R.R. 4s,. Vermont & Massachusetts R.R. 5s,. Fitchburg R.R. 4s, . Fitchburg R R. 4^s, . . . . Fitchburg R.R. 5s, . Boston & Lowell R.R. 4s, Portland & Kennebec R.R. 6s,. Dexter & Piscataquis R.R. 4s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $50,000 60,000 25.000 75.000 80.000 25.000 50.000 15.000 15.000 Estimated Market Value. $63,000 64,575 27,750 72.000 80,400 26,250 52.000 16,631 15,375 00 00 00 00 00 00 00 25 00 Amount Invested. $50,000 60,000 25.000 75.000 80.000 25.000 50.000 15.000 15.000 00* 00 00 00 00 00 00 00 00 $395,000 $417,981 25 $395,000 00 * A legal investment when made. P U B L IC DO CU M EN T — No. 8. 1890.] 285 Total A m ou n t o f L oan s with E ach Specified R ate o f In terest, in clu d in g D eposits in B anks on Interest. Kate. Amount. $11,000 39,375 52,487 3,000 83,700 00 95 52 00 00 Amount. 0 per cent. 1* “ It “ 3| “ 3è “ $106,000 3,000 634,300 714,800 666,000 Kate. 00 0000 00 00 3| per cent. 3i “ 4 » 4J “ 4è “ Amount. $141,000 403,079 96,705 7,000 229,147 Kate. 00 00 00 00 00 4f per cent. 5 H “ 5| “ 6 Amount invested in real estate for banking purposes,.................................... $ 10,000 Estimated value of the sam e,................................................................................ 18,000 Assessed value of the s a m e ,................................................................................ 19,500 Number of loans which are of an amount not exceeding S3,000 each, 410 Aggregate amount of the s a m e , ....................................................................... 407,137 Total number of loans upon real e s t a t e , ............................................ 429 Amount of investments from which no income is received, . . . . 11,000 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 273,616 Rate and amount of each semi-annual dividend during the ^ 2 per cent., f 96,211 year ending Oct. 31, 1889.......................................................... j 2 per cent., ( 97,732 Times for the dividends fixed by the by-laws: fourth Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 1,174 Number of accounts closed during the year ending Oct. 31, 1889, . 935 11,142 Total number of open accounts Oct. 31, 1889.................................... Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s),.................................................................................................................... 7,694 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... 546,894 Number of s a m e ,.................................................................................6,360 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... 610,407 Number of s a m e ,.................................................................................5,898 Date of examination by commissioner: August 13. - 00 00 00 00 00 14 38 94 82 97 57 Classification o f Deposits received during the Y ear ending Oct. 3 1 , 1 8 8 9 . O f $50 aud less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 4,498 $94,077 14 888 73,434 00 408 63,526 30 344 124,656 46 139 83 97,525 66 93,675 41 6,360 $546,894 97 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . Amount. 3,263 32 $290,527 74 10,153 69 106 124 22,555 3831,880 76 28 G B A N K CO M M ISSIO N ERS’ R E P O R T . Co m m o n w ea lth of [Jan. M a s sa c h u s e t t s . E ssex , s s ., N ov. 9, 1889. Personally appeared Philip K. Hills, Treasurer of the Institution for Savings in Newburyport and its Vicinity, and made oath that the foregoing statement, by him sub scribed, is a true and correct statement of all the resources and liabilities of said insti tution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, N a t h a n ie l N. J o n e s , Justice o f the Peace. E ssex, ss ., N ov . 9 , 1 8 8 9 . Personally appeared Edward S. Moseley, President, and E. F. Stone, Lawrence B. Cushing, Amos Noyes, Samuel March and Charles C. Dame, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, N a t h a n ie l N . J o n es , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC DO CU M EN T — No 287 IN S T IT U T IO N FOR S A V IN G S IN E O X B U R Y A N D ITS V IC IN IT Y — BOSTON. Incorporated Feb. 22, 1825. Present number of corporators, 56. A r t h u r W . T u f t s , President. E d w a r d R i c h a r d s , Treasurer. E d w a r d R ic h a r d s , Clerk o f the Corporation. Names of committee charged with the investment of its funds : A r t h u r W . T u fts , A ugustus R ic h a r d s o n , J ohn D . W il l i a m s , W a l t e r H . C o w in g . Open for business every business day, 9 a .m . to 4 p .m . B alance S h e e t , O c t o b e r 31, 1889. A ssets. Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on railroad stocks, . Railroad notes, . . . . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposits in banks, on interest, . Cash on hand, . . . . L ia b il it ie s . $127,000 10,260 205,067 3,200 497.000 201,800 640.000 8,000 1,495,359 1,092,997 00 00 09 00 00 00 00 00 46 30 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $4,639,834 76 151,700 00 21,182 61 1,702 55 346,200 00 177,489 20 10,046 87 $4,814,419 92 $4,814,419 92 Cash on Deposit in Banks, amount in each : — National Rockland Bank, Boston,....................................................................... $166,160 38* Hamilton National Bank, Boston,....................................................................... 4,655 89 North National Bank, B o s t o n , ....................................................................... 3,512 02 National City Bank, B o s t o n ,................................................................................ 3,160 91 Loans on Public Funds, amount on each : — On On On On $7,000 $1,500 $1,000 $1,000 United States 4 ^ s , ................................................................................$7,000 00 United States 4 £ s ,................................................................................ 1,460 00 Lowell, Mass., b o n d s ,........................................................................i Old Colony R.R. b o n d s , .............................................................. } 1»800 00 * This amount has since been reduced within the legal limit. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 288 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Loans on Bank Stock, amount on each : — On 2 shares Gloucester National Bank, Gloucester, . . . . . On 30 shares National Rockland Bank, Boston................................................. $200 00 3,000 00 Loans on Railroad Stocks, amount on each : — On 655 shares Boston & Maine R . R . , .................................................................. $90,000 00 On 345 shares Boston & Maine R . R . , .............................................................. 50,000 00 On 618 shares Boston & Lowell R . R . , .............................................................. 61,800 00* * A legal loan when made. Detailed Statement o f Public Funds. Estimated Market Value. Amount Invested. $51,000 30.000 46.000 $56,100 00 30.000 00 46.000 00 $51,000 00 30.000 00 46.000 00 $127,000 $132,100 00 $127,000 00 Par Value. City of Boston, Mass., 6s, of Boston, Mass., 4s, of Waltham, Mass., 4|s, . No. of Shares. Detailed Statement o f Bank Stocks. 50 60 15 37 200 20 30 5 25 257 210 21 150 173 55 8 52 9 32 510 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston, N’l B’k of Commerce, Boston, National Eagle Bank, Boston, First National Bank, Boston, First National Bank, Danvers, Hamilton N atl Bank, Boston, Howard Natl Bank, Boston, . Market N atl Bank, Boston, . North National Bank, Boston, People’s Natl Bank, Boston, . N’l B’k of the Republic, Boston, N atl Revere Bank, Boston, . Natl Rockland Bank, Boston, Second Natl Bank, Boston, . Shoe & Leather N ! B’k, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston,. Washington N’l Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 6,000 1,500 3,700 20,000 1,500 3,000 500 2,500 25,700 21,000 2,100 15,000 17,300 5,500 800 5,200 900 3,200 51,000 $191,400 Estimated Market Value. $7,100 7,080 1,905 3,811 48,000 1,500 3,750 550 2,500 35,723 33,600 3,507 18,600 26,123 9,625 752 6,292 1,035 3,616 63,750 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $278,819 00 Amount Invested. $5,000 6,000 2,000 4,144 20,000 1,500 3,580 606 2,500 25,680 21,000 2,698 15,000 19,430 5,500 872 5,993 1,070 3,762 58,729 00 00 00 00 00 00 00 25 00 47 00 87 00 00 00 00 00 25 75 50 $205,067 09 1890.] 289 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R 5s, . Fitchburg R.R. 4is, . Fitchburg R.R. 4s, . . . Estimated Amount Invested. Market Value. $100,000 $102,000 00 $100,000 00 257,000 257,000 00 257,000 00 150,000 142,500 00 140,000 00 . $507,000 $501,500 00 $497,000 00 Total Amount o f Loans with Each Specified Rate of Interest, including Deposits in Banks on Interest. Amount. $177,489 210,000 110,000 5,000 100,000 Rate. 20 00 00 00 00 2£ per cent. 3 3^ » 3| “ Amount. $250,000 691,500 262,000 836,400 53,500 Rate. 00 00 00 00 00 3| per cent. 4 “ 41 “ 4à “ 4| Amount. $966,344 38,500 126,900 44,475 1,000 Rate. 46 00 00 00 00 5 per cent. fié “ 6 l< 7 7_3_ « ' 10 Value, by books, of real estate, held by foreclosure or otherwise, . . $8,000 00 Assessed value of the s a m e ,................................................................................. 7,500 00 Net income received from same during year ending Oct. 31, 1889, . . 132 00 Number of loans which are of an amount not exceeding $3,000 each, . 183 3,16764 00 Aggregate amount of the s a m e , .............................................................. ........ Total number of loans upon real estate, . . . . . . 315 Amount of investments from which no income is received, . . . . 94,197 30 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 213,798 21 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 81,825 99 year ending Oct. 31, 1889, . . . . . . I 2 per cent., 1 84,423 43 Times for the dividends fixed by the by-laws: third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, 2,494 Number of accounts closed during the year ending Oct. 31, 1889, 1,732 Total number of open accounts Oct. 31, 1889, . . . . 12,410 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive o f t a x e s ) , ........................................................................................................... 10,856 91 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. 1,147,352 00 Number of s a m e , .................................................................................15,886 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... 947,213 53 Number of s a m e , .................................................................................11,142 Date of examination by commissioner: May 31. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 290 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 11,680 $237,128 00 2,182 179,421 00 945 147,162 00 683 237,943 00 197 199 141,815 00 203,883 00 not not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................. Amount. 7,423 25 $497,190 00 5,867 00 111 1,359 10,094 00 137,178 00 less 15,886 $1,147,352 00 Co m m o n w e a l t h o f M a s s a c h u s e t t s . S u f f o l k , s s ., N ov . 12, 1889. Personally appeared Edward Richards, Treasurer of the Institution for Savings in Roxbury and its Vicinity, and made oath that the foregoing statement, by him sub scribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, R o b e r t G. M o l i n e u x , Justice o f the Peace. S u f f o l k , s s ., N o v . 16, 1889. Personally appeared Arthur W . Tufts, President, and Augustus Richardson, Samuel Little, John D. Williams, Walter H. Cowing and S. A . Bolster, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, R o b e r t B. F a i r b a i r n , Justice o f the r ea ce. 1890.] P U B L IC D O CU M EN T — No. 8. 291 IP S W IC H S A V IN G S B A N K - IP S W IC H . Incorporated 1869. Present number of corporators, 23. J o s e p h R oss , President. T h e o d o r e F . C o g s w e l l , Treasurer. T h e o . F . C o g s w e l l , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Ch ar les A . Sa y w a r d , J. B . G r a n t , R o b e r t Jo r d a n , D. M . T y l e r , T h om as H . L ord. Open for business every business day, 8.30 a .m . to 12.30 B a l a n c e Sh e e t , O ctober A ssets. p .m ., also Saturday, 4 to 6 p . m . 31, 1889. L ia b il it ie s . Public funds as per schedule, . Loans on public funds, Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Loans on depositors’ books, Deposits in banks, on interest, . Deposit in bank, not on interest, Cash on hand, . . . . $12,350 1,300 56,486 23,000 2,235 210,857 12,620 00 00 00 00 25 50 00 8,200 130 26,531 2,222 1,543 00 00 37 65 93 $357,476 70 Deposits, . Guaranty fund, Interest account, $344,642 72 7,500 00 5,333 98 $357,476 70 Cash on Deposit in Banks, amount in each : — First National Bank, Salem, . Merchants’ National Bank, Salem, Fourth National Bank, Boston, $14,222 65 6,496 42 8,034 95 Loans on Public Funds, amount on each: — On $1,000 City of Newton, Mass., 6s, On $ 1,000 City of Chelsea, Mass., 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . $800 00 500 00 292 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds. Tar Value. City of Bangor, Me., 6s, . of Dover, N. IL , 6s, . of Keene, N. H ., 5 s,. of Lewiston, Me , 5s, of Manchester, N. 11 , 6s,. of Providence, R I., 5s, . $1,000 500 2,500 2,000 600 5,000 $11,600 *A Estimated Market Value. $1,150 550 2,750 2,400 636 5,700 00 00 00 00 00 00 $13,186 00 Amount Invested. $930 505 2,500 2,400 600 5,420 00* 00 00 00 00 00 $12,350 00 legal investment when made. Ho. of Shares. Detailed Statement o f Bank Stocks. 10 10 10 4 18 20 2510 20 36 25 40 Atlas National Bank, Boston,. Blackstone N’l Bank, Boston, Continental N’l Bank, Boston, N’l B’k of Commerce, Boston, Eliot National Bank, Boston, . Freeman’s Nat’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, N’l B’k of the Republic, Boston, New England N’l B’k, Boston, Nat’l Revere Bank, Boston, . 8 30 N’l B’k of Redemption, Boston, 4 Second Nat’l Bank, Boston, . 10 Tremont Nat’l Bank, Boston,. 24 National Union Bank, Boston, 12 Gloucester N’l B’k, Gloucester, N’l Grand Bank, Marblehead, 8 63 Asiatic Nat’l Bank, Salem, 13 Nat’l Exchange Bank, Salem, 43 First National Bank, Salem, . 41 Merchants’ N’l Bank, Salem, . 19 Mercantile N’l Bank, Salem, . 27 NaumkeagNat’l Bank, Salem, 21 Salem National Bank, Salem, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Par Value. $1,000 1,000 1,000 400 1,800 2,000 2,500 1,000 2,000 3.600 2,500 4,000 800 3,000 400 1,000 2,400 1,200 800 1,890 1,300 4,300 2,050 1,900 2,700 2,100 $48,640 Estimated Market Value. $1,200 1,120 1,220 512 2,358 2,060 2,500 1,260 2,200 5,184 4,175 6,480 992 4,020 700 1,130 3,432 1,620 1,080 2,394 1,534 5,590 2,665 2,280 3,726 2,730 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $64,162 00 Amount Invested. $1,120 1,000 1,000 400 1,980 2,000 2,500 1,180 2,000 4,500 3,150 5,800 800 3,600 580 1,000 3,048 1,500 9-20 1,890 1,365 4,945 2,460 2,090 3,348 2,310 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $56,486 00 1890.] 293 P U B L IC DO CU M EN T — No. 8. Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R.R. 5s, Boston & Lowell R.R. 7s, Boston & Lowell R R. 4|s, Fitchburg R.R. 4|s, Estimated Amount Invested. Market Value. $10,000 1,000 1,000 10,000 $11,100 1.090 1.090 10,250 $22,000 $23,530 00 $10,910 1,000 1,090 10,000 00 00 00 00 00 00 00 00 $23,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Ba?iks on Interest. Amount. Rate. Amount. Rate. Amount. Rate. $6,496 42 8,034 95 14,000 00 2i per cent. 3 4 $2,400 00 3,800 00 4f per cent. 5 u $6,000 00 218,907 50 5i per cent. 6 Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,............................................................... Number of loans which are of an amount not exceeding $3,000 each, Aggregate amount of the s a m e , ...................................................... Total number of loans upon real estate, . . . . . Amount of investments from which no income is received, . • $2,235 25 2,750 00 224 195,162 50 198 2,235 25 , dur- ing year ending Oct. 31, 1889, cent., f year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., i Times for the dividends fixed by the by-laws: fourth Wednesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 266 Number of accounts closed during the year ending Oct. 31, 1889, . 195 . . . . 1,593 Total number of open accounts Oct. 31, 1889, Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes), ............................................................................................................ Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of s a m e , .......................................................................................... 1,474 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... Number of s a m e , ..................................................................................... 977 Date of examination by commissioner : August 9. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 18,035 37 6,106 50 6,225 93 1,826 08 86,588 88 79,372 14 294 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 , 18S9. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Num Amount. ber. 1,109 $21,067 31 208 16,926 90 84 13,293 60 53 19,073 71 12 8 7,727 36 8,500 00 1,474 $86,588 88 Com m onw ealth To the credit — Of women, both adult and minor, Of guardians, O f religious and chari table associations, . In trust, . . . . of Amount. - 764 1 $37,582 39 76 02 48 50 3,978 56 5,003 82 M assa ch u setts. E ssex, ss ., N ov . 14, 1889. Personally appeared Theodore F. Cogswell, Treasurer of the Ipswich Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C h a r l e s A . S a y w a r d , Justice o f the Peace. E ssex, s s ., N ov . 14, 1889. Personally appeared Joseph Ross, President, and Wm. Willcomb, Robert Jordan, Nathaniel R. Farley, Thomas H. Lord and Frederic Willcomb, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C h a r l e s A . S a y w a r d , Justice o f the Peace. 1890.] 295 P U B L IC DO CU M EN T — No. 8 L A W R E N C E SA V IN G S B A N K — L A W R E N C E . Incorporated March 10, 1868. Present number of corporators, 43. W i . R. S p a l d in g , Treasurer. R. S p a l d in g , Clerk o f the Corporation. H e z e k i a h P l u m m e r , President. W m. Names of committee charged with the investment of its funds: H e z e k ia h P l u m m e r , R. H . T e w k s b u r y , J. S. N e e d h a m , R. M . Cross, J o h n R. P o o r . Open for business every business day, except Saturday, 9 9 a . m . to 12 m ., 7 to 8 p .m . B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock,. Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposits in banks, on interest, . Deposits in banks, not on interest, Expense account, Cash on hand, . . . . a .m . to 1 p .m . ; Saturday, 31, 1889. L ia b il it ie s . $38,000 82,000 20,950 95,000 1,000 261,280 150,661 00 00 00 00 00 00 69 7,500 42,087 5,000 1,289 1,595 00 78 00 03 23 Deposits, . Guaranty fund, Interest account, $706,363 73 $665,397 66 14,025 00 26,941 07 $706,363 73 Cash on Deposit in Banks, amount in each : — National Pemberton Bank, Lawrence, . Lawrence National Bank, Lawrence, . National Bank of the Commonwealth, Boston, $30,087 56 15,000 00 2,000 22 Loans on Bank Stock, amount on each : — On On On On On On On 131 shares Essex National Bank, Haverhill, . 10 shares Lawrence National Bank, Lawrence,, 28 shares Old Lowell National Bank, Lowell, . 8 shares National Pemberton Bank, Lawrence, 5 shares Pacific National Bank, Lawrence, 10 shares Bay State National Bank, Lawrence, 35 shares Merchants’ National Bank, Lawrence, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $13,100 00 1,000 00 2,800 00 350 00 700 00 3,000 00 296 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds. Par Value. Citv of Columbus, Ohio, 6s, Town of Danvers, Mass , 4s, City of Fall River, Mass., 6s, of Keene, N. H , 4s, of Lawrence, Mass., 6s, of Pawtucket, R I., 6s, of Waltham, Mass., 4s, of Worcester, Mass., 6s, United States 6s, . . . . . . Estimated Market Value. $10,000 6,000 2,000 6,000 1,000 3,000 5,000 4,000 1,000 $10,500 6,186 2,590 6,030 1,205 3,405 5,275 4,240 1,175 00 25 00 00 00 00 00 00 00 $38,000 $40,606 25 Amount Invested. $10,000 6,000 2,000 6,000 1,000 3,000 5,000 4,000 1,000 00 00 00 00 00 00 00 00 00 $38,000 00 Ko. of Shares. Detailed Statement o f Bank Stocks. 20 29 10 55 24 16 15 63 103 56 20 23 27 27 54 58 18 40 89 10 63 Par Value. Atlas National Bank, Boston, Blackstone ISTI Bank, Boston, National City Bank, Boston, . Central Nat’l Bank, Boston, . Eliot National Bank, Boston,. First Ward N’l Bank, Boston, Howard Nat’l Bank, Boston, . Fourth Nat’l Bank, Boston, . N’l Hide & Leather B’k, Boston, Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, N’l B’k of No. America,Boston, N’l B’k of Commerce, Boston, N’l B’k of the Commonwealth, Boston, . . . . State National Bank, Boston, Third National Bank, Boston, Traders’ Nat’l Bank, Boston,. Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston,. Lawrence N’l B’k, Lawrence, N’l Pemberton B’k, Lawrence, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $2,000 2,900 1,000 5,500 2,400 1,600 1,500 6,300 10,300 5,600 2,000 2,300 2,700 $2,365 3,269 950 7,438 3,156 2,120 1,650 7,418 12,360 5,600 2,845 2,811 3,456 00 75 00 75 00 00 00 25 00 00 00 75 00 $2,000 2,900 1,000 5,500 2,400 1,600 1,500 6,300 10,300 5,600 • 2,000 2,300 2,700 00 00 00 00 00 00 00 00 00 00 00 00 00 2,700 5,400 5,800 1,800 4,000 8,900 1,000 6,300 4,583 6,534 6,061 1,766 4,640 8,900 1,260 9,135 25 00 00 15 00 00 00 00 2,700 5,400 5,800 1,800 4,000 8,900 1,000 6,300 00 00 00 00 00 00 00 00 $82,000 $98,319 90 $82,000 00 1890.] 297 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R.R. 4s, Fitchburg R.R. Cs, . Fitchburg R R. 5s, . Old Colony R.R. 4^s, $50,000 5,000 20,000 20,000 $95,000 Estimated Market Value. $53,008 5,575 21,083 21,775 38 00 33 00 $101,441 71 Amount Invested. $50,000 5,000 20,000 20,000 00 00 00 00 $95,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $2,000 40,087 7,500 25,000 Kate. 22 56 00 00 2 per cent. 3 « 4 “ 41 “ Kate. Amount. 4^ per cent. 5 $215,871 69 6,500 00 7,570 00 Amount. $29,500 00 97,750 00 50,700 00 5è “ Rate. 6 per cent. “ 7 6h Value, by books, of real estate, held by foreclosure or otherwise, . . $1,000 00 Assessed value of the s a m e ,................................................................................. 2,400 00 Net income received from same during year ending Oct. 31, 1889, . . 156 56 Number of loans which are of an amount not exceeding $3,000 each, 221 Aggregate amount of the s a m e , ........................................................................213,421 69 Total number of loans upon real estate,........................................................ 223 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889.................................................................... 34,594 89 Rate and amount of each semi-annual dividend during the ) 2 £ per cent., ^ 13,760 19 year ending Oct. 31, 1 8 8 9 , .....................................................>2 per cent., f 11,768 14 Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 614 Number of accounts closed during the year ending Oct. 31,1889, . 392 Total number of open accounts Oct. 31, 1889, . . . . 1,961 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes),-.................................................................................................... 2,348 35 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... 214,685 35 Number of s a m e , .......................................................................................... 2,988 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889, . 148,780 63 Number of same................................................................................................1,341 Date of examination by commissioner: April 25. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 298 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 2,193 $36,684 33 382 32,075 71 185 29,176 66 154 53,880 03 36 38 24,868 62 38,000 00 2,988 $214,685 35 Num ber To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust................................ not not not 1,000 19 $80,914 71 5,469 93 20 85 2,052 51 20,719 62 less C om m onw ealth of Amount. M assa ch u setts. E ssex, ss ., N ov . 7, 1889. Personally appeared William R. Spalding, Treasurer of the Lawrence Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W il b u b E . R o w e l l , Justice o f the Peace. E ssex, ss ., N ov. 7, 1889. Personally appeared Hezekiah Plummer, President, and Rob’t C. Tewksbury, J. S. Needham, John R. Poor, A . E. Mack and R. M. Cross, trustees of said- corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W i l b u b E . R o w e l l , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 299 P U B L IC D O CU M EN T — No. L E E S A V IN G S B A N K - L E E . Incorporated March 5, 1852. Present number of corporators, 59. P k e n t is s C. B a i h d , President. J o h n L. K il b o n , Treasurer. J o h n L. K il b o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : P. C. B a i k d , C. C. B e n t o n , C. C. H o l c o m b e . Open for business every business day, 9 B a l a n c e Sh e e t , O c t o b e r to 3 p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, a .m . $114,000 300 158,000 1,840 15,975 3,000 242,444 137,260 00 00 00 00 00 00 11 00 Deposits, . Guaranty fund, Profit and loss ac count, . $679,488 44 28,000 00 25,173 80 19,500 00 25,060 12 15,283 01 $732,662 24 $732,662 24 Cash on Deposit in Banks, amount in each : — Lee National Bank, L e e , .................................................................................$15,283 01 Springfield Safe Deposit and Trust Company, Springfield.............................. 25,060 12 Loan on Public Funds : — On $300 United States 4 s , ................................................................................ $300 00 Loans on Bank Stock, amount on each : — On 3 shares On 3 shares On 7 shares On 13 shares On 5 shares Lee National Bank, L e e , ........................................................................ $250 Lee National Bank, L e e , ............................................................. 300 Lee National Bank, L e e , ............................................................. 200 Lee National Bank, L e e ,............................................................... 590 Lee National Bank, L e e , ............................................................. 500 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 00 300 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Public Funds. Par Value. Town of Adams, Mass., 6s, City of* Boston, Mass,, is, of Boston, Mass., 5s, of Boston, Mass , 6s, District of Columbia 5s, . County of Hampden, Mass., 3s, City of Hartford, Conn., 4^s, . of Providence, R. I., 5s, . of Springfield, Mass., 7s,. Commonwealth of Massachusetts 5s, $500 9,000 1,000 10,000 10,000 45,000 3,000 10,000 10,000 20,000 $118,500 Estimated Market Value. $530 9,000 1,205 12,650 11,300 42,750 3,000 11,790 10,450 22,225 00 00 00 00 00 00 00 00 00 00 $124,900 00 Amount Invested. $500 9,000 1,000 10,000 10,000 40,500 3,000 10,000 10,000 20,000 00 00 00 00 00 00 00 00 00 00 $114,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 54 25 40 10 28 23 15 100 10 10 50 55 10 91 50 30 68 65 40 35 15 30 180 70 150 36 Par Value. First National Bank, Adams,. First National Bank, Amherst, Birmingham National Bank, Birmingham, C t, Atlantic Natl Bank, Boston, . Atlas Natl Bank, Boston, Continental N1 Bank, Boston, Everett Nat’l Bank, Boston, . First National Bank, Boston,. Hamilton Natl Bank, Boston, Massachusetts N’l B’k, Boston, Merchandise N1 B’k, Boston, N’l B’k of Commerce, Boston, N’l B’k of the Commonwealth, Boston, . . . . N’l B’k of No . America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, National Eagle Bank, Boston, N’l Hide & Leather B’k, Boston, Nat’l Revere Bank, Boston, . Nat’l Webster Bank, Boston,. State National Bank, Boston, City N’l Bank, Bridgeport, Ct., Lee National Bank, Lee, Adams N’l B’k, North Adams, Pittsfield N’l Bank, Pittsfield, Agawam N’l B’k, Springfield, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $5,400 2,500 $8,640 00 3,750 00 $6,300 00 3,500 00 4,000 1,000 2,800 2,300 1,500 10,000 1,000 2,500 5,000 5,500 6,800 1,425 3,311 2,817 1.545 24,250 1,250 2,734 3,475 7,040 00 00 00 50 00 00 00 37 00 00 6,600 1,000 2,800 2,300 1,500 10,000 1,000 2,500 5,000 5,500 00 00 00 00 00 00 00 00 00 00 1,000 9,100 5,000 3,000 6,800 6,500 4,000 3,500 1,500 3,000 18,000 7,000 15,000 3,600 1,700 11,124 6,725 5,010 7,004 7,800 4,960 3,500 1,815 4,500 25,200 9,450 22,800 4,212 00 75 00 00 00 00 00 00 00 00 00 00 00 00 1,000 9,100 5,000 3,000 6,800 6,500 4,000 3,500 1,500 4,400 18,500 7,000 18,500 4,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 1890.] 301 PU B L IC D O CU M ENT — No. 8. No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 20 30 75 Par Value. First Nat’l Bank, Springfield, Second N'l Bank, Springfield, Ilousatonic Nat’l Bank, Stockbridge, . . . . Estimated Market Value. Amount Invested. $2,000 3,000 $2,700 00 4,500 00 $2,800 00 4,900 00 7,500 13,125 00 9,500 00 $143,000 $203,163 62 $158,000 00 Detailed Statement o f Bailroad Bonds. Par Value. Fitchburg R.R. 5s, . Old Colonj- R.R. 4s, . . . Estimated Market Value. Amount Invested. $10,000 5,000 $10,600 00 5,450 00 $10,475 00 5,500 00 $15,000 $16,050 00 $15,975 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Kate. Amount. 3j| per cent. $198,825 00 Amount. $25,060 12 Rate. 5 per cent. Amount. $202,519 11 Kate. 6 per cent. Value, by books, of real estate, held by foreclosure or otherwise, . . $3,000 00 Assessed value of the same..................................................................................... 3,000 00 Number of loans which are of an amount not exceeding $3,000 each, . 234 Aggregate amount of s a m e , ............................................................................... 187,203 23 Total number of loans upon real estate, ..................................................... 218 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... 37.014 87 Rate and amount of each semi-annual dividend during the ?2 per cent., $ 12,588 47 year ending Oct. 31, 1 8 8 9 , ..................................................... >2 per cent., f 12,769 93 Times for the dividends fixed by the by-laws: May 31 and November 30. Number of accounts opened during the year ending Oct. 31, 1889, . 298 Number of accounts closed during the year ending Oct. 31, 1889, . 262 Total number of open accounts Oct. 31, 1889, . . . . 2,103 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 2,535 31 of t a x e s ) , .......................................................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 302 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. Amount of deposits, not including dividends, received during the year ending Oct. 31,1889............................................................................................... $122,810 79 Number of s a m e , ................................................................................1,486 Amount of withdrawals, including dividends, during the year ending Oct. 31> 1889..................................................................................................................... 125,035 48 Number of s a m e , ................................................................................1,119 Date of examination by commissioner: August 1. Classification o f Deposits received during the Year ending Oct. 3 1 , 1889. O f $50 and less, Exceeding $50, and not more than $100, . . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . . O f $1,000 or more, . Num ber. Amount. 1,011 $21,370 62 227 18,691 76 116 18,090 64 83 27,707 67 40 9 27,904 60 9,045 50 1,486 $122,810 79 Com m o n w ea lth B e r k s h ir e , ss . Num ber. of To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . Amount. 716 3 $61,470 85 1,411 37 31 19 2,243 54 3,353 58 M a s sa c h u s e t t s . L e e , N ov . 18, 1889. Personally appeared John L. Kilbon, Treasurer of the Lee Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, B e r k s h ir e , ss . P. H. C a s e y , Justice o f the Peace. L e e , N ov . 18, 1889. Personally appeared Prentiss C. Baird, President, and C. C. Benton, C. C. Holcombe, J. F. Benton, G. K. Baird and Frederick Washburn, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, P. H . C a s e y , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC D O CU M EN T — No. 8 303 L E IC E S T E R S A V IN G S B A N K — L E IC E S T E R . Incorporated 1869. L o u t S. W atson, Present number of corporators, 33. President. G e o . H . S p r a g u e , Treasurer. P a r k m a n T. D e n n t , Clerk o f the Corporation. Names of committee charged with the investment of its funds: L o r y S. W atson, J o h n N. M u r d o c k , Ch a s . A . D e n n y, T. E . W D e x t e r K n ig h t , A . B . D a v id s o n . ood co ck , Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 1 p . m . B a l a n c e Sh e e t , O c to ber A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)............................... Deposit in bank, on interest, Expense account, Premium account, A .M .t o 1 p . m ., 2 to 4 p . a i. ; 31, 1889. L ia b il it ie s . $153,000 1,000 42,659 367 46,000 124,865 33,220 00 00 69 50 00 00 98 8,500 4,240 371 42 00 69 65 50 $414,268 01 Deposits, . Guaranty fund, Interest account, $389,128 72 12,628 69 12,510 60 $414,268 01 Cash on Deposit in Bank : — Leicester National Bank, Leicester........................................................................$4,240 69 Loan on Public Funds : — On $1,000 United States 4 s , ................................................................................ $1,000 00 Loan on Bank Stock : — On 5 shares Leicester National Bank, Leicester,.............................................$367 50 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 304 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds. Par Value. Town of Beverly, Mass., 4s, . City of Chelsea, Mass , 6s, Town of Clinton, Mass., 4s, . City of Columbus, Ohio, 4s, . of Cleveland, Ohio, 4s, . of Dayton, Ohio, 4s, of Fall River, Mass., 6s, . Town of Holbrook, Mass., 4 s,. City of Indianapolis, Ind., 8 s,. of Lynn, Mass., 6s, . of Lynn, Mass , 4s, . of Lawrence, Mass., 4s, . of Lowell, Mass., 4s, of Manchester, N. H . , 6s, Town of Randolph, Mass., 4s, City of Somerville, Mass., os, . County of Strafford, N. EL, 4s, City of Worcester, Mass., 6s, . of Worcester, Mass., 4Js, of Waterbury, Conn., 4 s,. $10,000 $,000 10,000 10,000 5,000 5,000 1,000 10,000 5,000 6,000 3,000 10,000 10,000 1,000 24,000 9,000 5,000 12,000 4,000 5,000 Estimated Market Value. $10,600 8,920 10,350 10,100 5,125 5,175 1,195 10,750 5,650 6,600 3,240 10,550 10,650 1,230 25,800 9,045 5,000 12,660 4,560 5,200 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $10,000 8,000 10,000 10,000 5,000 5,000 1,000 10,000 5,000 6,000 3,000 10,000 10,000 1,000 24,000 9,000 5,000 12,000 4,000 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $153,000 $162,400 00 $153,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 10 30 25 10 15 20 30 50 15 12 10 50 21 37 11 25 Par Value. Continental N’l Bank, Boston, Eliot National Bank, Boston, Howard Nat/1 Bank, Boston, Maverick Nat’l Bank, Boston, Market Nat’l Bank, Boston, . North National Bank, Boston, Nat’l Webster Bank, Boston, N’l Hide & Leather B’k,Boston, Nat’l Revere Bank, Boston, . Nat’l Bank of North America, Boston, . . . . N’l B’k of the Commonwealth, Boston, . . . . State National Bank, Boston, Traders’ Nat’l Bank, Boston, Leicester N’l Bank, Leicester, Millbury N’l Bank, Millbury, Central N’l Bank, Worcester, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,000 3,000 2,500 1,000 1,500 2,000 3,000 5,000 1,500 Estimated Market Value. $1,225 3,945 2,750 2,400 1,500 2,780 3,000 6,000 1,860 00 00 00 00 00 00 00 00 00 Amount Invested. $1,150 3,610 2,635 1,178 1,770 2,425 3,000 5,954 1,925 00 00 00 75 04 00 00 40 00 1,200 1,467 00 1,346 00 1,000 5,000 2,100 3,700 1,100 2,500 1.697 6,050 2,000 4,995 1,298 3,625 1,100 5,397 2,628 3,700 1,314 3,525 $37,100 50 00 25 00 00 00 $46,592 75 00 50 50 00 50 00 $42,659 69 1890.] 305 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Railroad Bonds. Par Value. Easteni R R. 6s, Vermont & Massachusetts R.R. 5s, Boston & Lowell R.R. 4s, Boston & Providence R.R. 4s, Boston & Maine R.R. 4s, Fitchburg R R. 4s, . Fitchburg R R. 4£s,.......................... Leeds & Farmington R.R. 6s, . Old Colony R.R. 4s, . . . $3,780 11,100 7,280 5,400 5,375 3,840 3,075 4,500 5,450 $3,000 10,000 7,000 5,000 5,000 4,000 3,000 4,000 5,000 $46,000 *A Estimated Market Value. 00 00 00 00 00 00 00 00 00 $49,800 00 Amount Invested. $3,000 10,000 7,000 5,000 5,000 4,000 3,000 4,000 5,000 00* 00 00 00 00 00 00 00 00 $46,000 00, legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. Kate. Amount. Kate. $4,240 69 25,720 98 3 per cent. 4 “ ' $98,392 50 1,800 00 5 per cent. 5£ “ $42,040 00 6 per cent. Number of loans which are of an amount not exceeding $3,000 each,. 103 Aggregate amount of the same, . . ...................................................... $101,128 48 Total number of loans upon real e s t a t e , .............................................99 Gross amount of interest or profits received or earned, as per books, during 19,604 89 year ending Oct. 3 1 ,1 8 8 9 ,................................................................................. 7,276 69 Rate and amount of each semi-annual dividend during the 12 per cent., i 7,365 38 year ending Oct. 31, 1 8 8 9 ,...................................................... \2 per cent., ( Times for the dividends fixed by the by-laws: June 1 and December 1. Number of accounts opened during the year ending Oct. 31, 1889, . 102 Number of accounts closed during the year ending Oct. 31, 1889, . 82 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 869 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 1,128 92 taxes), ..................................................................................................................... Amount of deposits, not including dividends, received during the year end 46,363 23 ing Oct. 31, 1889,................................................................................................... Number of s a m e , ......................................................................................... 563 Amount of withdrawals, including dividends, during the year ending Oct. 55,190 14 31, 1 8 8 9 , ............................................................................................................ Number of same........................................................................................... 536 Date of examination by commissioner: April 8. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 306 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. ber. 386 $7,713 22 87 6,884 78 38 6,238 72 38 14,033 72 10 4 7,492 79 4,000 00 563 $46,363 23 Co m m o n w ea lth of To the credit — Of women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust................................ Amount. 268 3 $20,389 07 67 50 3 14 211 66 3,185 31 M assa ch u setts. W o r c e s t e r , ss ., N ov . 1, 1889. Personally appeared George H. Sprague, Treasurer of the Leicester Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, P a r k m a n T. D W enny, Notary Public. o r c e s t e r , ss ., N ov . 1, 1889. Personally appeared Lory S. Watson, President, and J. N. Murdock, C. C. Denny, Dexter Knight, L. D. Thurston, David Bemis and A . B. Davidson, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, P a r k m a n T. D e n n y , Notary Public. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 307 P U B L IC D O CU M EN T — No. 8. L E O M IN S T E R S A V IN G S B A N K — L E O M IN S T E R . Incorporated 1865. Present number of corporators, 35. A. L. B u r d it t , Treasurer. L. B u r d it t , Clerk o f the Corporation. D w ig h t B. L o o k , President. A. Names of committee charged with the investment of its funds : G eorge H a l l , C h a s . L . J o s l in , C h a s . C. B o y d e n , H a m il t o n M a y o , A . L . B u r d it t . Open for business every business day, 9 a .m . B a l a n c e Sh e e t , O c to b er to 12 m ., 1 to 3 31, 1889. L ia b il it ie s . A ssets. Loan on public funds, Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Loan on railroad bonds, . Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o t e s ) ,.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Tax account, . . . . Cash on hand, . . . . p .m . $3,000 69,850 3,175 30,075 800 00 00 00 00 00 $694,019 08 26,500 00 3,665 52 Deposits, . Guaranty fund, Interest account, 20,000 00 445,889 38 124,025 00 11,000 10,000 6,101 131 136 00 00 69 80 73 $724,184 60 $724,184 60 Cash on Deposit in Bank : — Leominster National Bank, Leominster............................................................. $16,101 69 Loan on Public Funds : — On $3,000 Town of Clinton bonds....................................................................... $3,000 00 Loan on Bank Stock: — On 63 shares Leominster National Bank, Leominster, . . . . $3,175 00 » Loan on Railroad Bonds : — On $1,000 Boston & Albany R .R . b o n d s ,...................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $800 00 B A N K CO M M ISSIO N E R S’ R E P O R T . 308 [Jan No. of Shares. Detailed Statement o f Bank Stocks. 75 62 21 27 61 10 5 •25 34 20 15 17 2 2 10 30 9 80 160 335 • Par Value. Estimated Amount Invested. Market Value. Nat’l Webster Bank, Boston, Boston Nat’l Bank, Boston, . Traders’ Nat’l Bank, Boston, Central Natl Bank, Boston, . Globe National Bank, Boston, Market Natl Bank, Boston, . Blackstone N’l Bank, Boston, Eliot National Bank, Boston, Everett Natl Bank, Boston, . Continental N ! B’k, Boston, . Boylston Natl Bank, Boston, Natl Eagle Bank, Boston, Shoe & Leather N’l B’k, Boston, Merchandise N’l B’k, Boston, N’l B’k of the Commonwealth, Boston, . N’l B’k of No. America, Boston, N’lB ’k of Commerce, Boston, Safety Fund N’l B’k, Fitchburg, Leominster National Bank, Leomi nster, . . . . First Nat’l Bank, Leominster, * This $7,500 6,200 2,100 2,700 6,100 1,000 500 2,500 3,400 2,000 1,500 1,700 200 200 $7,500 7,564 1,995 3,645 5,978 1,000 560 3,275 3,502 2,440 2,070 1,751 188 138 00 00 00 00 00 00 00 00 00 00 00 00 00 00 1,000 3,000 900 8,000 1,690 3,660 1,152 8,800 00 00 00 00 16,000 3,350 16,000 00 1,675 00 $69,850 $74,583 00 $7,500 6,200 2,100 2,700 6,100 1,000 500 2,500 3,400 2,000 1,500 1,700 200 200 00 00 00 00 00 00 00 00 00 00 00 00 00 00 • 1,000 00 3,000 00 900 00 8,000 00 16,000 00 3,350 00* $69,850 00 bank is in process of liquidation. Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . Boston & Maine R.R. 4 s ,. Estimated Market Value. Amount Invested. $5,000 10,000 15,000 $5,387 50 9,500 00 15,262 50 $5,312 50 9,500 00 15,262 50 $30,000 $30,150 00 $30,075 00 Total Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $10,000 00 11,000 00 Kate. 3 per cent. 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. Rate. Amount. $198,825 00 59,400 00 5 per cent. sr “ $318,664 38 Kate. 6 per cent. 1890.] 309 PU B L IC D O C U M E N T — No. 8. Amount invested in real estate for banking purposes,.................................... Estimated value of the same,................................................................................. Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 431 Aggregate amount of the same, ........................................................................ Total number of loans upon real e s t a t e , ............................................. 439 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as. per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the ) 2 per cent., t year ending Oct. 31, 1 8 8 9 ,...................................................... 12 per cent., ( Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 459 Number of accounts closed during the year ending Oct. 31, 1889, . 322 Total number of open accounts Oct. 31, 1889, . . . . 2,334 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of s a m e , .......................................................................................... 1,929 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ Number of s a m e , .......................................................................................... 1,458 Date of examination by commissioner: August 29. $ 20,000 00 20,000 00 15,000 00 1,249 90 333,739 38 10,350 00 36,177 99 12,484 27 12,841 78 1,950 68 148,081 93 134,623 23 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Amount. 1,410 $27,541 56 258 21,514 78 115 18,643 46 90 32,801 64 38 18 28,350 70 19,229 79 1,929 $148,081 93 ber. To the credit — O f women, both adult and minor, Of guardians, Of religious and char itable associations, . In trust................................ not not not Amount. 938 3 $57,169 39 848 25 17 51 4,735 80 12,195 58 less Co m m on w ealth of M a s sa c h u s e t t s . W o r c e st e h , ss., Nov. 18, 1889. Personally appeared A. L. Burditt, Treasurer of the Leominster Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, F . J. L o t h r o p , Justice o f the Peace. W o r c e s t e r , ss ., N ov . 18,1889. Personally appeared Dwight B. Look, President, and Chas. L. Joslin, D. C. Nickerson, Hamilton Mayo, Geo. Hall and Chas. C. Boyden, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, F. J. L o t h r o p , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 311 P U B L IC D O CU M EN T — No. 8. 1890.] Total Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $6,201 27 15,000 00 Amount. Kate. Amount. $3,500 00 3 per cent. 4 Rate. 5 per cent. Kate. Amount. 6 per cent. $170,566 15 “ Number of loans which are of an amount not exceeding $3,000 each, 58 Aggregate amount of the s a m e , ....................................................................... $89,403 65 Total number of loans upon real estate,..................................................... 69 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ 10,318 28 Rate and amount of each semi-annual dividend during the i 2J per cent., r 4,055 39 year ending Oct. 31, 1889.................................................................J H Per cent., j 4,326 63 Times for the dividends fixed by the by-laws: third Wednesday in April and October. Number of accounts opened during the year ending Oct 31, 1889, . 138 Number of accounts closed during the year ending Oct. 31, 1889, . 58 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 785 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ........................................................................................................... 606 80 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ 62,154 71 Number of s a m e , .................................................................................... 842 Amotfnt of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... 41,511 17 Number of s a m e , ....................................................................................444 Date of examination by commissioner : May 8. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 583 $10,922 12 122 10,176 81 71 11,055 65 49 16,618 63 10 7 6,381 50 7,000 00 842 $61,954 71 ber. To the credit — Of women, both adult and minor, Of religious and chari table associations, . In trust, . Amount. 388 $22,850 48 31 58 2,603 00 10,096 07 312 B A N K C O M M ISSIO N E R S’ R E P O R T . Com m onw ealth of [Jan M assa ch u setts. M id d l e s e x , ss ., N ov . 13, 1889. Personally appeared James E. Crone, Treasurer of the Lexington Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, L e o n a r d A . S a v i l l e , Justice o f the Peace. M id d l e s e x , ss ., N ov . 15,1889. Personally appeared Geo. W . Robinson, President, and Amos Locke, Geo. O. Davis, B. C. Whitcher, Lewis Hunt, Geo. E. Muzzey, Lyman Lawrence and M. H. Merriam, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, L e o n a r d A. S a v i l l e , Justice o f the Peace. 1890.] 313 P U B L IC D O CU M EN T — No. 8 L O W E L L F IV E CENTS S A V IN G S B A N K — L O W E L L . Incorporated 1854. Present number of corporators, 111. S e w a l l G. M a c k , President. A r t e m a s S. T y l e r , Treasurer. C h a s . F. C o b u r n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : C h a s . E. A . B a r t l e t t , G e o . S. C h e n e y , A r t e m a s S. T y l e r . J o h n F. K i m b a l l , O l i v e r E. C u s h in g , J o h n H. M c A l v i n , Open for business every business day, 9 a .m . to 1 p . m . ; also Saturday, 7 to 9 p .m . B alance Sheet , October 31,1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock,. Railroad bonds as per schedule, Real estate (for banking pur poses).......................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), . * . Loans on depositors’ books, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . $32,975 175,420 16,400 40,000 00 00 00 00 65.000 93.000 709,362 242,300 00 00 58 00 25.000 375 50,214 3,145 2,895 00 00 95 18 09 $1,322,623 19 46,825 90 Deposits. . Guaranty fund, Profit and loss ac count, . Rent account, . $1,456,087 80 85,909 84 728 87 i $1,456,087 80 Cash on Deposit in Banks, amount in each: — Prescott National Bank, Lowell, . . . . National Bank of the Commonwealth, Boston, $45,465 09 4,749 86 Loans on Bank Stock, amount on each: — On 19 shares Prescott National Bank, Lowell, On 20 shares Prescott National Bank, Lowell, On 53 shares.Prescott National Bank, Lowell, On 14 shares Appleton National Bank, Lowell, On 14 shares Old Lowell National Bank, Lowell, On 15 shares Prescott National Bank, Lowell, On 1 share Old Lowell National Bank, Lowell, On 1 share First National Bank, Lowell, On 4 shares Crocker National Bank, Turner’s Falls, On 67 shares Crocker National Bank, Turner’s Falls, On 34 shares Rollstone National Bank, Fitchburg, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,900 00 2,000 00 7,000 00 1,500 00 500 00 3,500 00 314 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan Detailed Statement o f Public Funds. Par Value. City of Lowell, Mass., 6s, $35,000 Estimated Market Value. $35,350 00 Amount Invested. $32,975 00 Detailed Statement o f Bank Stocks. <M W ° £ ¡2 -3 44 50 40 52 50 40 10 70 30 50 20 17 5 50 60 50 15 20 20 10 5 90 100 10 27 25 40 5 20 92 71 40 20 85 35 83 135 75 Par Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Boylston N atl Bank, Boston, National City Bank, Boston* . N’l B’k of Commerce, Boston, N atl Bank of the Commonwealth, Boston, . Continental N’l Bank, Boston, National Eagle Bank, Boston, Eliot National Bank, Boston, Everett Natl Bank, Boston, . N atl Exchange Bank, Boston, Faneuil Hall N’l B’k, Boston, Freeman’s N’l Bank, Boston,. Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide &Leather B’k, Boston, Howard Nat’l Bank, Boston, . Lincoln Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, North National Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, Nat’ l Revere Bank, Boston, . Second Natl Bank, Boston, . Shoe & Leather N’l B’k, Boston, Shawmut Nat’l Bank, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . Tremont Natl Bank, Boston,. N atl Union Bank, Boston, Washington N'l Bank, Boston, First National Bank, Lowell, Merchants’ N’l Bank, Lowell, Old Lowell N’l Bank, Lowell, Prescott Nat’l Bank, L ow ell,. Railroad Natl Bank, Lowell, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $4,400 5,000 4,000 5,200 5.000 4,000 $5,203 5,637 4,880 7,176 4,750 5,120 00 50 00 00 00 00 $4,400 5,000 4,000 5,200 5,000 4,000 00 00 00 00 00 00 1,000 7,000 3,000 5,000 2,000 1,700 500 5,000 6,000 5,000 1,500 2.000 2,000 1,000 500 9,000 10,000 1,000 2,700 2,500 4,000 500 2,000 9,200 7,100 4,000 2,000 8,500 3,500 8,300 13,500 7,500 1,697 8,575 3,090 6,575 2,060 2,167 720 5,162 5,910 6,300 1,800 2,200 2,295 1,445 695 11,002 13,450 1,670 3,348 4,375 3,770 650 2,420 10,603 8,040 5,720 2,510 14,917 5,180 10,458 20,250 9,750 50 00 00 00 00 50 00 50 00 00 00 00 00 00 00 50 00 00 00 00 00 00 00 00 75 00 00 50 00 00 00 00 1,000 7,000 3,000 5,000 2,000 1,700 500 5,000 6,000 5,000 1,500 2,000 2,000 1,000 500 9,000 10,000 1,000 2,700 2,500 4,000 500 2,000 9,200 7,100 4,000 2,000 11,305 3,500 10,375 16,740 8,700 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $166,100 $211,573 75 $175,420 00 1890.] 315 P U B L IC D O C U M E N T — No. 8. Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 5s, . $40,000 Estimated Market Value. Amount Invested. $42,000 00 $40,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $4,749 35,465 70,000 15,000 Kate. 86 09 00 00 2 per cent. 3 4 “ H “ Amount. $21,900 194,650 467,705 4,400 00 00 00 00 Kate. Amount. Rate. 4^ per cent. 4'i 5 5è $178,782 58 30,000 00 21,000 00 6 per cent. 6è “ 7 Amount invested in real estate for banking purposes,.................................... $65,000 00 Estimated value of the sam e,................................................................................ 65,000 00 Assessed value of the s a m e , ................................................................................ 58,200 00 Net income received from same during year ending Oct. 31, 1889, . . 1,401 82 Value, by books, of other real estate, held by foreclosure or otherwise, . 93,000 00 Assessed value of the s a m e ,................................................................................. 58,140 00 Net income received from same during year ending Oct. 31, 1889, . . 1,058 43 Number of loans which are of an amount not exceeding $3,000 each,. 104 Aggregate amount of the s a m e , ....................................................................... 155,340 00 Total number of loans upon real e s t a t e , .............................................141 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................ 67,878 87 Rate and amount of each semi-annual dividend during the i 2 per cent., r 25,096 13 yea r ending Oct. 31, 1889.................................................................J 2 per cent., j 24,841 13 Times for the dividends fixed by the by-laws : first Saturday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 1,284 Number of accounts closed during the year ending Oct. 31, 1889, . 1,028 Total number of open accounts Oct. 31, 1 8 8 9 , ....................................6,574 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................................................................................................... 6,235 98 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 ,......................................................................................... 221,399 35 . 7,022 Number of s a m e , .............................................................. ....... Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ..................................................................................................................... Number of s a m e , ................................................................................ 3,164 Date of examination by commissioner: August 26. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 249,973 19 316 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 6,315 $53,546 21 346 28,317 20 154 24,907 37 122 42,228 07 43 42 30,400 50 42,000 00 7,022 $221,399 35 ber. To the credit — O f women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ not not not Amount. 2,560 14 $87,457 72 3,140 09 48 541 1,780 78 20,479 02 less Com m onw ealth of M assach u setts. M i d d l e s e x , s s ., N ov . 15, 1889. Personally appeared Artemas S. Tyler, Treasurer of the Lowell Five Cents Savings Bank, and made oath that the foregoing statement, hy him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C h a s . F. C o b u r n , Justice o f the Peace. M id d l e s e x , ss ., Nov. 15, 1889. Personally appeared Sewall G. Mack, President, and Geo. S. Cheney, John H. McAlvin, W . F. Salmon, Hapgood Wright and J. F. Kimball, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C h a s . F. C o b u r n , Justice o f the Peace. 1890.] 317 P U B L IC D O C U M E N T — No. 8. L O W E L L IN S T IT U T IO N FOR S A V IN G S — L O W E L L . Incorporated 1829. Present number of corporators, 55. C h a r l e s A . S a v o r y , President. G e o r g e J. C a r n e y , Treasurer. G e o r g e J. C a r n e y , Clerk o f the Corporation. Names of committee charged with the investment of its funds: P’ r e d e r i c k T a y l o r , C yrus M . F is k , G e o r g e J. C a r n e y . Sa m u e l K i d d e r , A mos B. F r e n c h , J a m e s W . B. S h a w , Open for deposits every business day, 9 a . m . to 2 p . m . ; for payments, Tuesday, Thursday,. Saturday, 9 a . m . to 2 p .m ., and Saturday evening, 7 to 9 p .m . , B alance Sheet , October 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Deposits in banks, on interest, . $65,000 5,000 170,500 73,500 00 00 00 00 Deposits, . Guaranty fund, Profit and loss ac count, Suspense account, . $4,055,379 71 199,173 28 36,473 49 4,977 17 20,334 06 1,475,942 00 641,127 00 1,545,500 00 299,100 59 $4,296,003 65 $4,296,003 65 Cash on Deposit in Banks, amount in each: — $160,000 OO 75.000 00 64,100 59 First National Bank, Boston,............................................. Wamesit National Bank, L o w e ll,.................................... Merchants’ National Bank, Lowell, . . . . Loan on Public Funds: — On $5,000 United States 4 J s ,............................................. $5,000 00 Loans on Bank Stock, amount on each : — On 170 shares National Hide and Leather Bank, Boston, On 55 shares Railroad National Bank, Lowell, On 453 shares Merchants’ National Bank, Lowell, On 100 shares Appleton National Bank, Lowell, . On 10 shares Prescott National Bank, Lowell, On 15 shares National Pemberton Bank, Lawrence, On 5 shares Third National Bank, Springfield, On 16 shares Prescott National Bank, Lowell, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis J $20,000 00 40.000 00 j 13,000 00 J 500 00 318 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Public Funds. Par Value. District of Columbia 5s, . $65,000 Estimated Market Value. $65,000 00 Amount Invested. $65,000 00 Detailed Statement o f Bank Stocks. ° 2 £ G•O§ Par Value. A 142 174 344 161 473 80 160 171 Columbia Nat’l Bank, Boston, National Eagle Bank, Boston, Merchants1N’l Bank, Boston, New England N’l B’k, Boston, Second National Bank, Boston, Merchants’ N’l Bank, Lowell, First National Bank, Lowell, Railroad Nat’l Bank, Lowell, $14,200 17,400 34,400 16,100 47,300 8,000 16,000 17,100 $170,500 Estimated Market Value. $17,466 18,444 49,880 26,565 83,248 11,840 28,000 22,572 00 00 00 00 00 00 00 00 $258,015 00 Amount Invested $14,200 17,400 34,400 16,100 47,300 8,000 16,000 17,100 00 00 00 00 00 00 00 00 $170,500 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $224,100 60,000 55.000 50.000 100,000 1,105,500 Rate. 59 00 00 00 00 00 2J per cent. “ 3| 3| “ 3& “ 4 « H Amount. $100,000 113,000 50,000 433,900 4,200 210,300 Rate. 00 00 00 00 00 00 4j per cent. 4| “ 4 29 “ too 4à 4ft 4| » “ “ Amount. $826,077 24,000 259,092 200,000 225,000 Rate. 00 00 00 00 00 5 per cent. 5è “ 6 “ H “ 6 t3o “ Amount invested in real estate for banking purposes,....................................$20,334 06 Estimated value of the sam e,................................................................................ 20,334 06 Assessed value of the s a m e , ................................................................................ 40,750 00 Net income received from same during year ending Oct. 31, 1889, . . 1,655 38 Number of loans which are of an amount not exceeding $3,000 each,. 83 Aggregate amount of the s a m e , ........................................................................ 136,892 00 Total number of loans upon real e s t a t e , ............................................. 167 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 200,042 28 Rate and amount of each semi-annual dividend during the | 2 per cent., ( 74,516 97 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., ( 75,551 00 Times for the dividends fixed by the by-laws: first Saturday in May and November. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis P U B L IC D O CU M EN T — No. 8. 1890.] 319 Number of accounts opened during the yearending Oct. 31, 1889, 2,146 Number of accounts closed during the yearending Oct. 31, 1889, 1,741 . . . . 11,386 Total number of open accounts Oct. 31, 1889, Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................................................................................................... Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , .......................................................................................... Number of s a m e , ........................................................................................ 12,598 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... Number of s a m e , ........................................................................................ 10,493 Date of examination by commissioner : August 6. Com m o n w ea lth M id d l e s e x , of $8,900 00 728,484 00 713,785 16 M assa ch u setts. L o w e l l , N o v . 1, 1889. ss . Personally appeared George J. Carney, Treasurer of the Lowell Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M id d l e s e x , A u s t in K. C h a d w i c k , Justice o f the Peace. L o w e l l , N o v . 1, 1889. ss. Personally appeared Charles A. Savory, President, and Samuel Kidder, Cyrus M. Fisk, Fred’k Bailey, D. B. Bartlett, Frederick Taylor, F. Nickerson and Amos B. French, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, G eo . J. C a ii n e y , Notary Public. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Sum - Num- Amount. ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 9,952 $206,810 00 1,465 119,049 00 586 91,397 00 385 136,629 00 127 83 90,213 00 84,386 00 12,598 $728,484 00 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust................................ 5,522 29 $331,074 00 4,723 00 68 1,418 11,769 00 118,576 00 320 B A N K C O M M IS S IO N E D R E PO R T. [Jan L U D L O W S A V IN G S B A N K — L U D L O W . Incorporated 1888. Present number of corporators, 37. G e o . A . B i r n i e , Treasurer. C h a s . F . G r o s v e n o r , President. G e o . A. B i r n i e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : W . S. C o l w e l l , E. E. F u l l e r , Ch a s . F . G rosvenor, G e o . D. G r e e n , M. D. S. T o w n e . Open for business every business day, 10 a . m . to 12 7.30 to 9 p . m . B a l a n c e S h e e t , O ctober A ssets. Railroad bonds as per schedule, Loans on real estate,*. Loans on personal security, Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Safe and furniture, . . . Cash on hand, . m ., 1 to 3 p . m . ; also Friday, 31,1889. L ia b il it ie s . $1,144 6,875 2,555 593 1 46 350 1,607 00 00 00 89 14 02 00 95 Deposits, . Guaranty fund, Interest account, $13,114 92 20 33 37 75 $13,173 00 $13,173 00 Cash on Deposit in Banks, amount in each : — Agawam National Bank, Springfield, ................................................................ Springfield Safe Deposit and Trust Company, Springfield, . . . . $1 14 593 89 Detailed Statement o f Railroad Bonds. Par Value. Leeds & Farmington R .R . 6 s,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11,000 Estimated Market Value. $1,133 75 Amount Invested. $1,144 00 1890.] 321 P U B L IC D O CU M EN T — No. 8. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. Amount. Kate. Amount. Kate. > $593 89 3,800 00 4 per cent. 5 $2,700 00 5£ per cent. $2,930 00 6 per cent. Number of loans which are of an amount not exceeding $3,000 each, . 18 Aggregate amount of the same............................................................................... Total number of loans upon real e s t a t e , ............................................ 10 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 , .................................................... •J 2 per cent., t Times for the dividends fixed by the by-laws : April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, . 170 Number of accounts closed during the year ending Oct. 31, 1889, . 50 Total number of open accounts Oct. 31, 1889............................................. 246 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes), .......................................................................................................... Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s k m e , ............................................................................... .\ 727 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... Number of s a m e , ........................................................................................ 170 Date of examination by commissioner: August 30. $9,430 00 286 56 70 20 138 83 33 05 16,411 08 7,076 53 Classification o f Deposits received during the Year ending Oct. 3 1 , 1889. 1 Amount. her. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 672 $5,714 81 31 2,601 96 6 907 31 14 4,412 00 4 - 2,775 00 - 727 $16,411 08 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ber. To the credit— . Of women, both adult and minor, Of religious and charitable associations, . In trust, . . . . Amount. 77 $4,066 93 6 9 1,005 12 266 13 322 B A N K C O M M IS S IO N E D R E P O R T . [Jan. C o m m o n w e a l t h of M a s s a c h u s e t t s . H a m p d e n , s s ., N o v . 15, 1889. Personally appeared Geo. A. Birnie, Treasurer of the Ludlow Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, B. F. B u r e , Justice o f the Peace. H a m p d e n , s s ., Nov. 15, 1889. Personally appeared Chas. F. Grosvenor, President, and G. D. Green, Chas. F. Howard, E. E. Fuller, J. W . Hubbard and M. H. Lyons, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, B. F. B u r r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 323 PU B L IC DO CU M EN T — No. 8. L Y N N F IV E CENTS S A V IN G S B A N K — L Y N N . Incorporated 1854. Present number of corporators, 77. H e n r y A . P e v e a r , President. H e n r y E . N e w h a l e , Treasurer. H e n r y E. N e w h a l l , Clerk o f the Corporation. Names of committee charged’with the investment of its funds : H enry A . P evear, Ch a r l e s H . N e w h a l l , T h o m a s B. N e w h a l l , Jo s e p h N . S m it h , R ufus K im b a l l . Open for business every business day, 9 a .m . to 1 p . m . ; also Saturday, 3 to 6 p . m . B a l a n c e S h e e t , O c t o b e r 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad bonds, Loan on railroad stock, Real estate (for banking purp o s e s ) , .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Deposits in banks, on interest, . Expense account, Tax title s ,.................................... Cash on hand, . . . . $228,000 231,535 13,100 143,083 50,000 12,000 00 09 00 65 00 00 30,000 1,395 1,200,750 542,300 00 11 45 00 21,000 168,354 2,494 362 976 00 79 88 64 70 $2,645,353 31 Deposits, . Guaranty fund, Profit and loss account, . $2,441,887 00 87,500 00 115,966 31 $2,645,353 31 Cash on Deposit in Banks, amount in each: — Traders’ National Bank, B o s t o n ,....................................................................... $4,988 91 National City Bank, L y n n , ................................................................................ 41,231 36 Lynn National Bank, L y n n , ...................................................... . . 25,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 324 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Merchants’ National Bank, B o s t o n , .............................................................. $5,632 54 Market National Bank, B o s t o n , ....................................................................... • 9,247 87 National Bank of the Republic, B o s t o n , ...................................................... 67,254 11 Citizens’ National Bank, W o r c e s t e r ,.............................................................. 15,000 00 Loans on Bank Stock, amount on each : — $ 1,000 00 On 10 shares National City Bank, Lynn, On 33 shares Central National Bank, Lynn, On 7 shares National City Bank, Lynn, . On 2 shares First National Bank, Lynn, On 10 shares National Security Bank, Lynn, On 70 shares National Security Bank, Lynn, I 4,000 00 100 00 1,000 00 7,000 00 Loan on Railroad Bonds: — On $50,000 Worcester, Nashua & Rochester R.R. 4 s , ....................................$50,000 00 Loan on Railroad Stock : — On 100 shares Old Colony R . R . , .......................................................................$12,000 00 Detailed Statement o f Public Funds. Par Value. Town of Brookline, Mass., 7s, City of Boston, Mass., 6s, of Chelsea, Mass., 6s, of Cambridge, Mass., 6s, of Cleveland, Ohio, 7s, . of Charlestown, Mass., 6s, of Columbus, Ohio, 6s, . of Dayton, Ohio, 7s, of Dayton, Ohio, 6s, District of Columbia 7s, . City of East Saginaw, Mich., 5s, of Fort Wayne. Ind., 6s, . of Grand Bapids, Mich., 4s, . of Lynn, Mass., 6s, . of Lawrence, Mass , 6s, . of Lowell, Mass., 6s, of Manchester, N. H.. 4s, of Newton, Mass., 5s, of Northampton, Mass., 6s, of Pawtucket, R. I., os, . of Peoria, 111., 4|s, . Town of Framingham, Mass., 4s, . of Wakefield, Mass., 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 9,000 2,000 6,000 43,000 5,000 20,000 12,000 9,000 15,000 10,000 15,000 5,000 10,000 3,000 2,000 1,000 5,000 3,000 5,000 10,000 20,000 8,000 $228,000 Estimated Market Value. $12,400 9,790 2,240 6,655 47,070 5,150 20,400 12,200 9,480 19,800 10,050 17,550 5,000 10,350 3,330 2,040 1,060 5,900 3,150 5,550 10,900 21,200 8,080 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $10,000 9,000 2,000 6,000 43,000 5,000 20,000 12,000 9,000 15,000 10,000 15,000 5,000 10,000 3,000 2,000 1,000 5,000 3,000 5,000 10,000 20,000 8,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $249,345 00 $228,000 00 1890.] PU B L IC D O CU M EN T — No. 8 325 No. of i Shares. Detailed Statement o f Bank Stocks. 23 135 88 253 14 56 17 154 25 7 42 30 26 50 130 69 127 15 127 50 328 93 44 Par Value. Nat’l Exchange Bank, Boston, First National Bank, Boston, Globe National Bank, Boston, N’l B’k of Redemption, Boston, Boylston Nat’l Bank, Boston, Blackstone N’l Bank, Boston, Columbian N’l Bank, Boston, Continental N’l Bank,Boston, Freeman’s Nat’l Bank, Boston, N’l Hide & Leather B’k,Boston, N’l B’k of the Republic,Boston, North National Bank, Boston, N’l B’k of No. America, Boston, Merchandise N’l B’k, Boston, Merchants’ N ’l Bank, Boston, Nat’l Revere Bank, Boston, . National Union Bank, Boston, Shoe & Leather N’l B’k,Boston, Tremont Nat’l Bank, Boston, Georgetown National Bank, Georgetown, City National Bank, Lynn, . Central National Bank, Lynn, First National Bank, Lynn, . Estimated Market Value. Amount Invested $2,300 13,500 8,800 25,300 1,400 5,600 1,700 15,400 2,500 700 4,200 3,000 2,600 5,000 13,000 6,900 12,700 1,500 12,700 $2,921 31,995 8,624 33,902 1,932 6,272 2,065 18,865 2,550 840 7,014 4,185 3,146 3,800 18,427 8,556 18,161 1,410 14,351 00 00 00 00 00 00 50 00 00 00 00 00 00 00 50 00 00 00 00 $2,957 21,601 7,920 30,000 1,400 5,600 1,700 17,116 2,250 682 4,200 3,000 2,418 5,000 17,135 6,900 15,500 1,500 12,700 50 75 00 00 00 00 00 50 00 50 00 00 00 00 37 00 00 00 00 5,000 32,800 9,300 4,400 5,250 57,400 15,066 5,720 00 00 00 00 5,000 49,939 11,863 5,150 00 50 97 00 $190,300 $272,453 00 $231,535 09 Detailed Statement o f Railroad Bonds. Estimated Market Value. Androscoggin & Kennebec R.R. 6s Boston & Albany R R 7s, Boston & Maine R.R 7s, . Boston, Clinton & Fitchburg R.R. 7s Eastern R R. 6s, Fitchburg R.R. 7s, . Fitchburg R R. 6s, . Fitchburg R.R. 5s, . Old Colony R.R. 6 s,. Old Colony R.R. 7 s,. Portland & Ogdensburg R.R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ),100 24,000 13,000 1,000 10,500 9,000 7,000 9,000 7,000 23,000 10,000 $30,468 25,800 14,530 1,000 13,230 9,900 7,770 9,480 8,040 26,047 11,850 50 00 00 00 00 00 00 00 00 50 00 Amount Invested. ),100 00 24,000 13,000 1,000 9,983 9,000 7,000 9,000 7,000 23,000 10,000 00 00 00 65* 00 00 00 00 00 00 $143,600 $158,116 00 $143,083 65 * A legal investment when made. / 326 B A N K C O M M IS S IO N E D ’ R E PO R T. [Jan. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $5,632 122,722 17,000 150.000 157.000 54 25 00 00 00 Rate. 21 3 3| 4 Amount. per cent. “ » “ “ $69,000 222,800 25,000 270,232 6,000 00 00 00 00 00 Rate. 4| per cent. 4è “ 44 “ 5 Si “ Amount. $915,643 41,575 1,400 3,500 Rate. 45 00 00 00 per cent. 6 6è 7 “ Amount invested in real estate for banking purposes,....................................$30,000 00 Estimated value of the s a m e , ........................................................................ 30,000 00 Assessed value of the s a m e ,................................................................................. 30,500 00 Net income received from same during year ending Oct. 31, 1889, . . 1,765 38 Value, by books, of other real estate, held by foreclosure or otherwise, . 1,395 11 Assessed value of the s a m e ,................................................................................ 16,000 00 Number of loans which are of an amount not exceeding $3,000 each, . 764 Aggregate amount of the s a m e , ....................................................................... 763,443 45 Total number of loans upon real estate,......................................................828 Gross amount of interest or profits received or earned, as per books, dur ing year ending Oct. 31, 1 8 8 9 , ....................................................................... 140,532 92 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 43,989 06 year ending Oct. 31,1889............................................................I 2 per cent., 1 44,635 51 Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, 3,052 Number of accounts closed during the year ending Oct. 31, 1889, 2,275 Total number of open accounts Oct. 31, 1889................................... 14,383 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes).................................................................................................................. 7,375 51 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 734,697 89 Number of s a m e , .......................................................................................20,314 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... 753,063 46 Number of s a m e , .......................................................................................12,422 Date of examination by commissioner: March 13. Classification o f Deposits received during the Year ending Oct. 3 1 , 1889. Num O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ber. Amount. 17,357 $265,598 62 1,727 139,903 38 672 105,606 35 507 184,658 77 43 8 29,271 87 9,658 90 20,314 $734,697 89 Num ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust................................ Amount. 9,364 24 $356,886 04 2,944 23 118 234 10,090 51 13,809 43 1890,] P U B L IC D O C U M E N T — No. 8. C o m m onw ealth of 327 M assach u setts. E ssex, ss., N ov. 7, 1889. Personally appeared H. E. Newhall, Treasurer of the Lynn Five Cents Sav ings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, W m . 0 . S h e a , Justice o f the Peace. E ssex, ss ., Nov. 8, 1889. Personally appeared Henry A. Pevear, President, and C. H. Aborn, George D. Sargeant, S. J. Hollis, Thomas P. Nichols and Warren S. Hixon, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, N. M. H a w k e s , Justice o f the Peace.. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 328 [Jan, B A N K COM M ISSIO N ERS’ REPORT, L Y N N IN S T IT U T IO N FOR S A V IN G S — L Y N N . Incorporated 1826. Present number of corporators, 60. P h i l i p A . C h a s e , President. D. H. S w e e t s e r , Treasurer. D. H. S w e e t s e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds : P h il ip A . Ch a s e , W T homas S t a c e y , A mos F. B r e e d . Open for business every business day, 9 a .m . il l ia m to 1 p . m . ; also Saturday, 2.30 to 5.30 p . m . B a l a n c e Sh e e t , O c t o b er 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Railroad notes, . . . . Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposits in banks, on interest, . Tax title s ,.................................... Cash on hand, . . . . B assett, $585,200 193,600 13,400 107,500 25.000 00 00 00 00 00 Deposits, . Guaranty fund, Profit and loss ac count, . $2,908,129 05 138,000 00 119,606 14 30.000 00 1,334,037 00 508,900 00 192,800 155,875 32 19,390 0Ô 24 69 26 $3,165,735 19 $3,165,735 19 Cash on Deposit in Banks, amount in each : — First National Bank, L y n n , .....................................................................................$105,675 24 Lynn National Bank, L y n n ,................................................................................ 25,000 00 Central National Bank, L y n n , ....................................................................... 25,200 00 Loans on Bank Stock, amount on each : — On 80 shares National City Bank, L y n n , .............................................................. $8,000 On 20 shares First National Bank, L y n n , ...................................................... 2,000 On 4 shares First National Bank, L y n n , ...................................................... 400 On 30 shares First National Bank, L y n n , ...................................................... 3,000 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 1890.] 329 P U B L IC D O CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. United States 4s, United States 6s, County of Hampden, Mass., 3s, City of Lynn, Mass , 6s, . of Lynn, Mass., 4s, . of Lowell, Mass., 6s, of Boston, Mass., 6s, of Boston, Mass., 4s, of Fall River, Mass., 5s, . of Fall River, Mass., 6s, . of Fall River, Mass., 4s, . of Malden, Mass , 6s, Town of Peabody, Mass , 4s, . of Melrose, Mass., 6s, . of Abington, Mass., 4 s ,. of Beverly, Mass., 4s, . City of Manchester, N. H., 6 s,. of Newburyport, Mass., 4s, of Providence, R. L, 5s, . of Providence, R. I., 6s, . of Cleveland, Ohio, 6s and 7s, of Detroit, Mich., 7s, of Salem, Mass , 6s, of New Bedford, Mass., 6s, District of Columbia 6s, . City of Auburn, Me., 5s, . of Dayton, Ohio, 4s, of Columbus, Ohio, 4s, . of Fitchburg, Mass., 4s, . of Cambridge, Mass., 6 s,. of Somerville, Mass., 5Js, of Peoria, 111., 4^s, . of Grand Rapids, Mich., 8s, of Concord, N. H., 6s, of Lewiston, Me., 6s, . County of Franklin, Me , 4s, . Town of Skowliegan, Me., 6s, $30,000 25,000 10,000 9,000 46,700 16,000 16,000 31,000 25,000 7,000 5,000 15,000 20,000 20,000 5,000 10,000 3,000 10,000 14,000 10,000 31,000 32,000 2,000 5,000 29,500 1,500 25,000 10,000 10,000 10,000 10,000 20,000 13,000 22,000 10,000 11,000 16,000 $585,700 Estimated Market Value. $38,100 31,000 9,500 9,500 46,700 16,300 17,960 32,800 26,000 7,700 5,000 15,400 20,000 21,000 5,000 10,000 3,060 10,000 15,100 11,600 34,000 37,000 2,400 6,200 34,000 1,515 25,000 10,000 10,000 12,100 11,000 21,000 15,300 23,540 11,900 11,000 16,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $30,000 25,000 9,500 9,000 46,700 16,000 16,000 31,000 25,000 7,000 5,000 15,000 20,000 20,000 5,000 10,000 3,000 10,000 14,000 10,000 31,000 32,000 2,000 5,000 29,500 1,500 25,000 10,000 10,000 10,000 10,000 20,000 13,000 22,000 10,000 11,000 16,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $633,675 00 $585,200 00 No. of [ Shares. ! Detailed Statement o f Bank Stocks. 58 55 89 45 Par Value. Atlantic Nat’l Bank, Boston, . Blackstone N’l Bank, Boston, Columbian N’l Bank, Boston, Continental N’l Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,800 5,500 8,900 4,500 Estimated Market Value. $8,236 6,050 10,769 5,490 00 00 00 00 Amount Invested. $5,800 5,500 8,900 4,500 00 00 00 00 330 B A N K C O M M ISSIO N ERS’ R E PO R T. [Jan No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 54 55 13 25 25 25 34 59 118 100 20 75 92 50 430 301 213 Par Value. Everett Nat’l Bank, Boston, . Natl Exchange Bank, Boston, Freeman’s Natl Bank, Boston, First National Bank, Boston,. Merchandise N’l B’k, Boston, Mt. Vernon N ! Bank, Boston, JN1 B’k of N o. America, Boston, New England N’l B’k, Boston, N1 B’k of the Republic, Boston, Nat’l Rockland Bank, Boston, Shawmut Nat’l Bank, Boston, Second Nat’l Bank, Boston, . N atl Union Bank, Boston, N’l Hide & Leather B’k, Boston, First National Bank, Lynn, . Central Nat’l Bank, Lynn, National City Bank, Lynn, Estimated Market Value. $5,400 5,500 1,300 2,500 2,500 2,500 3,400 5,900 11,800 10,000 2,000 7,500 9,200 5,000 43,000 30,100 21,300 $5,400 6,985 1,339 6,000 1,700 3,450 4,080 9,440 18,880 15,000 2,540 12,750 13,064 6,000 55,900 48,160 38,340 Amount Invested. $5,400 5,500 1,300 2,500 2,500 2,500 3,400 5,900 11,800 10,000 2,000 7,500 9,200 5,000 43,000 30,100 21,300 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $193,600 $279,573 00 $193,600 00 Detailed Statement o f Railroad Bonds. Par Value. Eastern R R. 6s, Boston, Revere Beach & Lynn R.R 6s, Boston & Albany R.R 7s, Boston & Maine R.R. 7s,. Boston & Providence R.R. 4s, . Fitchburg R.R. 5s, . Boston, Winthrop & Shore R.R. 5s, New York, Prov. & Boston R.R. 7s, $11,500 10,000 10,000 15.000 20.000 25,000 . 7.000 ' 9,000 $107,500 *A Estimated Market Value. $14,375 11,200 10,700 16.500 21,200 26.500 7,700 11,250 Amount Invested. 00 00 00 00 00 00 00 00 $11,500 10,000 10,000 15.000 20.000 25,000 7.000 9.000 00* 00 00 00 00 00 00 00 $119,425 00 $107,500 00 legal investment when made. Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. 3 per cent. 3f “ 3| “ 4 “ $25,000 230,900 103.000 708,950 Amount. $105,675 8,000 31,000 262,000 24 00 00 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 Rate. Amount. 44 per cent. $2,500 528,837 222,450 1,700 4è “ Rate. 00 00 00 00 54 per cent. 5è 6 6* “ , “ ' “ 1890.] PU B L IC DO CU M EN T — No. 8. 831 Amount invested in real estate for banking purposes,....................................$30,000 00 Estimated value of the sa m e ,............................................................................... 40,000 Assessed value of the s a m e ,................................................................................ 32,100 Net income received from same during year ending Oct. 31, 1889, . . 2,911 Number of loans which are of an amount not exceeding $3,000 each, 395 Aggregate amount of the s a m e , ....................................................................... 575,237 Total number of loans upon real estate,........................................................502 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... 158,110 Rate and amount of each semi-annual dividend during the ? 2 per cent., \ 52,048 year ending Oct. 31, 1 8 8 9 , ........................................................)2 per cent., t 52,284 Times for the dividends fixed by the by-laws : May 1 and November 1. Number of accounts opened during the year ending Oct. 31, 1889, 1,731 Number of accounts closed during the year ending Oct. 31, 1889, 1,336 Total number of open accounts Oct. 31, 1889, . . . . 9,102 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ..........................................................................................................6,981 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ 695,715 Number of s a m e , ....................................................................................... 10,629 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889.................................................................................................................... 709,845 Number of s a m e , ......................................................................................... 8,136 Date of examination by commissioner: April 5. 00 00 90 00 93 67 88 91 00 11 Classification o f D eposits received d uring the Y ear ending Oct. 3 1 , 1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 7,924 $162,739 00 1,396 115,655 00 658 103,418 00 464 164,389 00 128 59 88,814 00 60,700 00 10,629 $695,715 00 Co m m o n w e a l t h Num ber. To the credit — Of women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust................................ of Amount. 4,926 23 $326,170 00 6,249 00 106 113 15,630 00 18,488 00 M assach usetts. E ssex, ss ., N ov . 9, 1889. Personallyappeared D. H. Sweetser, Treasurer of the Lynn Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C l if t o n C o l b u k n , Notary Public. E ssex, ss ., N ov . 9, 1889. Personally appeared Philip A. Chase, President, and Amos F. Breed, Thomas Stacey, Owen Dame, Chas. D. Pecker and Joseph F. Hannan, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C l if t o n C o l b u r n , Notary Public. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 332 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan M A L D E N SA V IN G S B A N K — M A L D E N . Incorporated 1860. Present number of corporators, 34. J a m e s P ie r c e , President . F r a n c is A . S h o v e , Treasurer. F r a n c is A . S h o v e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : J a m e s P ie r c e , A . F. S a r g e n t , A. G. H i l l , A. H . D a v e n p o r t , J. P. H o l d e n , F. F. S i l l i m a n . Open for business every business day, 8.30 a .m . to 1 p . m . ; also Saturday, 7 to 8.30 p .m . B alance Sheet , O ctober 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loan on bank stock, . Loans on real estate, . Loans on personal security, Loans to counties, cities or towns 1 ( n o t e s ) ,.................................... Loans on depositors’ books, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . $149,000 66,900 500 571,660 326,120 00 00 00 00 00 95,500 600 14,824 401 2,411 00 00 62 44 63 $1,227,917 69 $1,187,556 96 26,900 00 3,084 70 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . 10,376 03 $1,227,917 69 Cash on Deposit in Banks, amount in each : — . First National Bank, Malden, National Exchange Bank, Boston, $12,956 73 1,867 89 Loan on Bank Stock : — On 5 shares First National Bank, Malden, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . $500 00 1890.] 333 P U B L IC D O CU M EN T — No. 8 D etailed Statem ent o f P u blic Funds. Par Value. City of Fall River, Mass., 6s, , of Fitchburg, Mass., 6s, . of Bangor, Me., 6s, . of Newton, Mass., 5s, of Malden, Mass., 4s, Town of Woburn, Mass., 6s, . of Brookline, Mass., 7s, of Clinton, Mass., 4s, $5,000 1,000 5,000 8,000 100,000 10,000 10,000 10,000 Estimated Market Value. $6,600 1,080 6,150 9,225 107,670 10,550 12,500 10,200 00 00 00 00 00 00 00 00 Amount Invested. $5,000 1,000 5,000 8,000 100,000 10,000 10,000 10,000 00 00 00* 00 00 00 00 00 $149,000 $163,975 00 $149,000 00 * A legal investment when made. No. of Shares. D etailed Statem ent o f B an k Stocks. 20 23 13 25 '8 6 28 8 73 15 25 20 20 10 11 4 16 30 12 14 10 55 7 5 16 47 12 10 30 68 Par Value. Atlas National Bank, Boston, Atlantic Nat’l Bank, Boston, . N’l B’k of Commerce, Boston, Continental N’l Bank, Boston, National City Bank, Boston, . National Eagle Bank, Boston, Eliot National Bank, Boston, N atl Exchange Bank, Boston, First National Bank, Boston, Freeman’s N’l Bank, Boston, Globe National Bank, Boston, N’l Hide &LeatherB’k,Boston, Hamilton Natl Bank, Boston, Howard N atl Bank, Boston, Massachusetts N’l B’k, Boston, Market Nat’l Bank, Boston, Merchants’ N’l Bank, Boston, N’l B'k of No. America, Boston, North National Bank, Boston, Old Boston N’l Bank, Boston, N’l B’k of Redemption,Boston, Nat’l Revere Bank, Boston, . Nat’l Rockland Bank, Boston, Shawmut Nat’l Bank, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston, First National Bank, Malden, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * $2,000 2,300 1,300 2,500 3,600 2,800 800 7,300 1,500 2,500 2,000 2,000 1,000 1,100 1,000 1,600 3,000 1,200 1,400 1,000 5,500 700 500 1,600 4,700 1,200 1,000 3,000 6,800 $66,900 Estimated Market Value. $2,400 3,280 1,651 3,025 3,420 2,884 1,048 9,271 3,630 2,575 1,980 2,400 1,260 1,210 1,100 1,600 4,320 1,464 1,946 1,190 7,370 868 755 2,080 5,687 1,380 1,130 3,000 6,840 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $80,764 00 Amount Invested. $2,000 2,300 1,300 2,500 3,600 2,800 800 7,300 1,500 2,500 2,000 2,000 1,000 1,100 1,000 1,600 3,000 1,200 1,400 1,000 5,500 700 500 1,600 4,700 1,200 1,000 3,000 6,800 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $66,900 00 334 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Total A m ou nt o f L oan s with E ach Specified Rate o f Interest, including Deposits in B anks on Interest. Amount. $14,824 27,000 13,000 71,500 Rate. 62 00 00 00 Amount. 2^ per cent. 3i “ 3h “ 4 « $45,000 99.000 25.000 50.000 00 00 00 00 Rate. Amount. Rate. 4.) per cent. 4è “ 4| “ 4| “ $222,995 00 46,350 00 394,535 00 5 per cent. 5è “ 6 « Number of loans which are of an amount not exceeding $3,000 each, 339 Aggregate amount of the s a m e , ........................................................................ $431,630 Total number of loans upon real e s t a t e , ............................................. 336 Gross amount of interest or profits received or earned, as per books, during year ending Oct- 31, 1 8 8 9 ,................................................................................. 58,355 Rate and amount of each semi-annual dividend during the } 2 per cent., f 20,007 year ending Oct. 31, 1889........................................................... J 2 per cent., ( 21,281 Times for the dividends fixed by the by-laws: second Wednesday in April and October. Number of accounts opened during the year ending Oct. 31,1889, 1,116 Number of accounts closed during the year ending Oct. 31, 1889, . 621 Total number of open accounts Oct. 31, 1889, . . . . 5,091 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of taxes),............................................................................................................................... 4,421 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... 422,571 Number of s a m e , ................................................................................ 7,950 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 342,680 Number of s a m e , ................................................................................. 4,725 Date of examination by commissioner: March 21. 00 61 92 46 97 75 93 Classification o f D eposits received d uring the Y ear ending Oct. 3 1 , 1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 6,491 $109,783 50 769 65,109 25 357 53,300 00 217 79,329 00 63 53 53,946 00 61,104 00 7,950 $422,571 75 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust, . . . . Amount. 3,962 10 $213,275 00 1,919 00 87 690 21,703 00 49,698 00 1890.] PU B L IC DOCU M ENT — No. 8. Co m m o n w ea lth of 335 M a s sa c h u s e t t s . M id d l e s e x , ss ., N ov . 12, 1889. Personally appeared Francis A. Shove, Treasurer of the Malden Savings Bank, and made oath that the foregoing statement, hy him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, E d w d . P. K i m b a l l , Justice o f the Peace. M id d l e s e x , ss ., N ov. 12, 1889. Personally appeared James Pierce, President, and A. G. Hill, W . G. A. Turner, A. F. Sargent, David Ayers and J. P. Holden, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, E d w d . P. K i m b a l l , Justice o f the Peace. 336 [Jan, B A N K CO M M ISSIO N ERS’ R E PO R T. M A R B L E H E A D S A V IN G S B A N K — M A R B L E H E A D . Incorporated 1871. Present number of corporators, 68. N . P . S a n b o r n , President. W il l ia m G i l l e y , Treasurer E y e r e t t P a i n e , Clerk o f the Corporation. Names of committee charged with the investment of its funds: N. P. S a n b o r n , H e n r y A. P o t t e r , W m . R eyn o ld s, St e p h e n H a t h a w a y , M oses G i l b e r t . Open for business every business day, 9 a .m . to 12 B a l a n c e Sh e e t , O c to b er A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposit in bank, on interest, Expense account, Cash on hand, . . . . m. ; also Saturday, 6 to 8 p .m . 31, 1889. L ia b il it ie s . $40,000 55,818 6,250 31,600 28,417 108,215 49,489 16,214 298 3,372 00 96 00 00 86 00 00 10 44 02 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $323,877 88 7,121 82 8,159 76 515192 $339,675 38 $339,675 38 Cash on Deposit in Bank: — Marblehead National Bank, Marblehead, . $16,214 10 Loans on Bank Stock, amount on each : — On 30 shares Marblehead National Bank, Marblehead, On 5 shares Marblehead National Bank, Marblehead, . On 21 shares Marblehead National Bank, Marblehead, On 22 shares National Grand Bank, Marblehead, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,500 00 450 00 'J 4,300 00 1890.] PU B L IC DO CU M EN T — No. 8. 337 Detailed Statement o f Public F unds. Par Value. Town of Arlington, Mass., 6s, of Marblehead, Mass., 4s, of Melrose, Mass., 7s, . City of Bangor, Me., 6s, . $2,000 18,500 10,000 8,000 $38,500 *A Estimated Market Value. $2,120 19,332 11,000 8,880 00 00 00 00 $41,332 00 Amount Invested. $2,000 18,500 11,000 8,500 00 00 00 00* $40,000 00 legal investment when made. D etailed Statement o f Bank Stocks. <O *-. < 0X 0> * Estimated 38 12 31 30 19 25 5 32 9 13 25 20 25 25 29 24 4 25 21 56 iB0, _ Market Value. £ g N’l Grand Bank, Marblehead, Marblehead N’l B’k, Marblehead, . . . . . Boylston Nat’l Bank, Boston, Blackstone N’l Bank, Boston,. N’l B’k of Commerce, Boston, Continental N’l Bank, Boston, Hamilton Nat’l Bank, Boston, N ’l Hide & Leather B’k,Boston, Market Nat’l Bank, Boston, . Merchandise N’l B’k, Boston, Merchants’ N’l Bank, Boston,. Mt. Vernon N’k Bank, Boston, North Nat’l Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic,Boston, National Revere Bank,Boston, Shawmut Nat’l Bank, Boston, Shoe & Leather N’l B’k.Boston, State National Bank, Boston, $3,800 1,200 3,100 3,000 1,900 2,500 500 3,200 900 1,300 2,500 2,000 2,500 2,500 2,900 2,400 400 2,500 2,100 5,600 $46,800 $4,560 00 1,380 4,278 3,337 2,432 3,062 630 3,840 873 897 3,612 2,790 3,475 3,056 3,900 3,648 496 3,250 1,979 6,776 00 00 50 00 50 00 00 00 00 50 00 00 25 50 00 00 00 25 00 $58,273 50 $4,639 15 1,344 3,839 3,485 2,440 2,687 591 3,744 999 1,297 3,331 2,505 3,056 2,778 4,067 8,072 442 3,084 2,366 6,048 00 50 00 00 50 25 00 00 67 25 20 25 12 25 00 75 37 25 45 $55,818 96 D etailed Statem ent o f R ailroad Bonds. Par Value. Boston & Lowell R.R. 7s, Boston & Lowell R.R. 4s, Fitchburg R.R. 4^s, . . Fitchburg R.R. 5s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . Estimated Market Value. $10,000 10,000 5.000 5.000 $11,800 10,500 5,000 5,200 $30,000 $32,500 00 00 00 00 00 Amount Invested. $11,400 10,000 5,000 5,200 00 00 00 00 $31,600 00 338 B A N K CO M M ISSIO N ERS’ R EPO RT. [Jan. Total A m ou n t o f L oan s w ith E ach Specified Bate o f In terest, including D eposits in B anks on Interest. Amount. $16,214 10 15,500 00 61,600 00 Amount. Rate. $22,200 00 64,004 00 2 per cent. 4i “ 5 “ Rate. 5J per cent. 6 “ Rate. Amount. $450 00 200 00 7 per cent. 8 $28,417 86 Value, by books, of real estate, held by foreclosure or otherwise, 29,150 00 Assessed value of the s a m e ,................................................................................. 137 99 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, . 57 56,604 00 Aggregate amount of the s a m e , ................................... ........ Total number of loans upon real estate,..................................................... 63 Gross amount of interest or profits received or earned, as per books, dur 16,533 88 ing year ending Oct. 31, 1 8 8 9 , ....................................................................... 5,382 10 Rate and amount of each semi-annual dividend during the ) 2 per cent., f 5,642 22 year ending Oct. 31, 1 8 8 9 , .....................................................i 2 per cent., 1 Times for the dividends fixed by the by-laws: May 1 and November 1. Number of accounts opened during the year ending Oct. 31, 1889, . 220 Number of accounts closed during the year ending Oct. 31, 1889, . 194 Total number of open accounts Oct. 31, 1889, . . . . 1,608 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 631 21 of t a x e s ) , ........................................................................................................... Amount of deposits, not including dividends, received during the year 83,309 00 ending Oct. 31, 1 8 8 9 ,.......................................................................................... Number of s a m e ,.......................................................................................... 1,461 Amount of withdrawals, including dividends, during the year ending Oct. 63,755 51 31, 1 8 8 9 , .................................................................................................. Number of same................................................................................................ 1,067 Date of examination by commissioner: August 3. Classification o f D eposits received d uring the Y ear ending Oct. 3 1 , 1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num ber. Amount. 1,118 $19,580 00 190 15,693 00 74 11,138 00 62 23,712 00 13 4 9,186 00 4,000 00 1,461 $83,309 00 Num ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ Amount. 633 1 $34,550 00 191 00 22 15 1,079 00 5,008 00 1890.] PU B LIC DO CU M EN T — No. 8. Co m m o n w e a l t h of 339 M assa ch u setts. E ssex , ss ., N ov . 19, 1889. Personally appeared William Gilley, Treasurer of the Marblehead Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, S t e p h e n C. F e l t o n , Justice o f the Peace. E ssex, s s ., N o v . 20, 1889. Personally appeared N. P. Sanborn, President, and W m . Reynolds, S. D. Smith, Everett Paine, S. Hathaway and Thos. Ingalls, trustees of said corporation, and sever ally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, S t e p h e n C. F e l t o n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 340 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan M AR LB O R O U G H S A V IN G S B A N K — M AR LB O R O U G H . Incorporated April 3, 1860. Present number of corporators, 107. S. H e r b e r t H o w e , President. E d w a r d II. A l l e y , Treasurer. E d w a r d It. A l l e y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : S. H e r b e r t H o w e , L o r im a n S. B r i g h a m , A l b e C. W W eeks, W in s l o w M. W il l ia m D. B u r d e t t , arren. Open for business every business day, except Saturday, 9 a .m . to 12 m ., 2 to 4 p .m . ; Saturday, 9 a . m . to 12 m . B a l a n c e Sh e e t , O c to b er 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Deposits in banks, on interest, . Expense account, $271,766 205,079 4,529 104,392 674,640 27,205 00 50 00 50 00 00 Deposits, . Guaranty fund, Profit and loss ac count, . $1,317,791 43 31,600 OO 35,180 90 63,500 00 32,335 68 1,124 65 $1,384,572 33 $1,384,572 33 Cash on Deposit in Banks, amount in each : — First National Bank, Marlborough....................................................................... $18,244 99 People’s National Bank, Marlborough,.............................................................. 14,090 69 Loans on Bank Stock, amount on each : — On 12 shares National Bank of the Commonwealth, Boston, . . . On 37 shares National Eagle Bank, Boston,......................................................I On 4 shares Merchandise National Bank, B o s t o n , ....................................J https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,200 00 3 329 00 1890.] 341 P U B L IC D O CU M EN T — No. 8. D etailed Statem ent o f P u blic F u nd s. Par Value. Town of Arlington, Mass., 6s, City of Boston, Mass., 4s, of Boston, Mass., 6s, of Cambridge, Mass., 6s,. of Charlestown, Mass., 6s, Town of Clinton, Mass., 4s, City of Dover, N. H., 6 s,. of Fall River, Mass , 6s, . of Fitchburg, Mass., 4s, . of Keene, N. I I , 4s, of Lewiston, Me , 5s, of Lowell, Mass., 6s, of Lowell, Mass., 4s, of Lynn, Mass., 6s, . of Lynn, Mass., 4s, . Town of Marlborough, Mass., 4s, . of Malden, Mass., 4s, . City of Newton, Mass , 5s, Town of Pawtucket, R. I., 5s, . of Pawtucket, R. I., 4 s ,. City of Providence, R. I., 5s, . of Springfield, Mass., 7s, of Taunton, Mass., 6s, of Waltham, Mass., 4s, . Town of Wellesley, Mass., 4s, of Weymouth, Mass., 4s, of Winchester, Mass., 4s, City of Worcester, Mass., 4s, . of Worcester, Mass., 3|s, $3,000 15,000 11,000 12,000 27,000 9,000 4,400 15,000 3,000 10,000 7,000 12,000 20,000 7,000 2,000 22,000 5,000 2,000 10,000 3,000 9,000 1,000 4,000 15,000 15,000 1,000 15,000 5,500 5,000 Estimated Market Value. $3,165 15,825 14,135 13,455 27,645 9,600 4,644 16,500 3,015 10,425 8,785 12,240 20,075 7,770 2,110 23,500 5,300 2,400 11,150 3,180 10,800 1,230 4,580 15,570 15,750 1,070 16,050 5,555 5,025 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $3,000 15,375 11,000 12,425 27,000 9,000 4,400 15,000 3,000 10,000 7,000 12,000 20,000 7,000 2,000 22,116 5,512 2,000 10,000 3,000 9,000 1,000 4,000 15,437 15,000 1,000 15,000 5,500 5,000 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 50 00 00 00 00 00 00 50 00 00 00 00 00 $269,900 $290,569 00 $271,766 00 No. of Shares. D etailed Statem ent o f B an k Stocks. 80 50 50 12 88 45 62 70 40 50 25 35 Par Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Boylston Nat’l Bank, Boston, Continental N’l Bank, Boston, Eliot National Bank, Boston, Everett Nat’l Bank, Boston, . Faneuil llall N’l B’k, Boston, Freeman’s N’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Howard Nat’l Bank, Boston, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $8,000 5,000 5,000 1,200 8,800 4,500 6,200 7,000 4,000 5,000 2,500 3,500 Estimated Market Value. $9,460 5,637 6,100 1,656 10,780 5,917 6,386 10,027 4,150 4,925 3,125 3,850 00 50 00 00 00 50 00 50 00 00 00 00 Amount Invested. $8,000 5,000 5,000 1,624 8,800 4,500 6,200 7,000 4,000 5,000 2,500 3,500 00 00 00 25 00 00 00 00 00 00 00 00 342 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 70 50 50 50 10 50 15 76 75 15 64 42 75 60 25 75 50 50 6550 70 50 80 15 3u 82 55 14 16 Par Value. Manufacturers’ N’l Ek, Boston, Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Merchandise N’l B’k, Boston, Mt Vernon N’l Bank, Boston, National City Bank, Boston, . N’l B’k of Commerce, Boston, Nat’l Eagle Bank, Boston, Nat’l Exchange Bank, Boston, N’l Hide & Leather B’k,Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic, Boston, Nat’l Revere Bank, Boston, . Nat’l Union Bank, Boston, Nat’l Webster Bank, Boston,. Shawnmt Nat’l Bank, Boston, Shoe & Leather N’l B’k, Boston, State National Bank, Boston, Suffolk Nat’l Bank, Boston, . Third National Bank, Boston, Traders’ Nat’l Bank, Boston,. Tremont Nat’l Bank, Boston, First National Bank, Clinton, First National Bank, Lynn, . First N’l Bank, Marlborough, People’s N’l B’k, Marl borough, Newton Nat’l Bank, Newton, City Nat’l Bank, Worcester, . $7,000 5,000 5,000 5,000 1,000 5,000 1,500 7,600 7,500 1,500 6,400 4,200 7,500 6,000 2,500 7,500 5,000 5,000 6,500 5,000 7,000 5,000 8,000 1,500 3,000 8,200 5,500 1,400 1,6< i0 $203,600 Estimated Market Value. $7,350 5,000 7,112 3,431 1,395 4,750 1,920 7,828 9,562 1.800 7,824 5,649 12,525 7,440 3,575 7,500 6,500 4,712 7,865 5,762 7,315 4,900 9,280 1,875 3,907 8,692 6,325 1,316 2,176 00 00 50 00 00 00 00 00 50 00 00 00 00 00 00 00 00 50 00 50 00 00 00 00 50 00 00 00 00 $237,303 00 Amount Invested. $7,000 4,959 5,000 4,970 1,330 5,000 1,500 7,600 7,500 1,516 6,400 4,200 7,500 5,939 3,550 7,500 5,000 5,000 6,500 5,000 7,000 4,789 8,000 1,500 3,000 8,200 5,500 1,400 1,600 00 50 00 00 00 00 00 00 00 50 00 00 00 50 00 00 00 00 00 00 00 75 00 00 00 00 00 00 00 $205,079 50 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Boston & Albany R.R. 6s, Boston, Clinton & Fitchburg R.R. 7s, Boston & Lowell R.R. 6s, Boston & Lowell R.R. 7s, Boston & Lowell R.R. 4s, Boston c% Maine R.R. 7 s,. Boston & Providence R.R. 4 s ,. Fitchburg R.R. 4|s, . . . . Old Colony R.R. 6s, . . . Old Colony R.R. 4is, Old Colony R.R. 4s, . . . Portland & Ogdensburg R.R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $6,000 3,000 2,500 5,000 2,000 10,000 7,500 5,000 20,000 2,000 3,000 25,000 10,000 $101,000 Estimated Market Value. $6,450 3,345 2,506 5,675 2,140 10,400 8,340 5,400 20,200 2,265 3,270 27,250 11,967 00 00 25 00 00 00 00 00 00 00 00 00 50 $109,208 75 Amount Invested. $6,000 3,000 2,500 5,000 2,000 10,000 7,500 5,000 20,000 2,000 . 3,000 26,425 11,967 00 00 00 00 00 00 00 00 00 00 00 00 50 $104,392 50 343 PU B L IC D O CU M EN T — No. 8. 1890.] Total A m ou n t o f L oan s ivith E ach Specified R ate o f In terest , including D eposits in B anks on Interest. $32,335 68 63,500 00 Amount. Rate. Amount. $31,329 00 215,022 00 2£ per cent. 4 “ Rate. 4£ per cent. 5 “ Rate. Amount. $13,558 00 446,465 00 5£ per cent. 6 Number of loans which are of an amount not exceeding $3,000 each, 486 00 Aggregate amount of the s a m e , .......................................................................$427,995 Total number of loans upon real estate,..................................................... 521 Gross amount of interest or profits received or earned, as per books, dur ing year endingOct. 31, 1 8 8 9 , ......................................................................... 67,569 51 63 Rate and amount of each semi-annual dividend during the j 2 per cent., f23,328 ' year ending Oct. 31, 1 8 8 9 , ...................................................... 12 per cent., 1 24,120 69 Times for the dividends fixed by the by-laws: third Wednesday in Jan uary and July. Number of accounts opened during the year ending Oct. 31, 1889, . 922 Number of accounts closed during the year ending Oct. 31, 1889, . 647 Total number of open accounts Oct. 31, 1889, . . . . 4,208 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .................................................................................................................... 4,575 17 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. 341,517 00 Number of s a m e , ................................................................................ 4,296 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ........................................................................................................... 296,703 59 Number of same, ......................................................2,595 Date-of examination by commissioner: July 2. Classification o f D eposits received d uring the Y ear ending Oct. 3 1 , 1 8 8 9 . Num Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. 2,964 $66,407 00 727 62,497 00 283 43,712 00 199 68,232 00 77 46 53,935 00 46,734 00 4,296 $341,517 00 not not not less ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . Amount. 1,778 22 $139,160 00 8,162 00 18 159 2,484 00 16,242 00 344 B A N K CO M M ISSIO N ERS’ R E PO R T. Co m m o n w ea lth M id d l e s e x , ss . of [Jan. M a s sa c h u s e t t s . M a r l b o r o u g h , N ov . 18, 1889. Personally appeared Edward R. Alley, Treasurer of the Marlborough Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M id d l e s e x , ss . F r e d e r i c k L. C l a f l i n , Justice o f the Peace. M a r l b o r o u g h , N ov . 18, 1889. Personally appeared S. Herbert Howe, President, and W . M. Warren, A. C. Weeks, Jas. T. Murphy, H. 0 . Russell, W m. Dadmun, W . D. Burdett, L. S. Brigham, F. C. Curtis, B. F. Greeley and W . L. Morse, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, F r e d e r ic k L . C l a f l i n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 345 PU B L IC DO CU M EN T — No. 8. M E C H A N IC S ’ S A V IN G S B A N K — H O L Y O K E . Incorporated 1872. Present number of corporators, 39. T im o t h y M e r r i c k , President. C. B . P r e s c o t t , Treasurer. E . W . C h a p i n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : T im o t h y M e r r ic k , L em uel Se a rs, J. S. W H ir a m S m i t h , ebber, R . P . Cra fts. Open for business every business day, 9 a .m . 6 to 8 to 12 B a l a n c e Sh e e t , O c t o b e r A ssets, Bank stock as per schedule, Loans on bank stock,. Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans on depositors’ books, Deposit in bank, on interest, Expense account, Furniture and fixtures, Cash on hand, . m ., 1 to 4 p .m . ; also Saturday, p .m . 31, 1889. L ia b il it ie s . $48,078 17,900 7,600 537,159 225,882 1,200 12,500 2,237 2,157 4,375 50 00 00 00 00 00 00 55 00 31 $859,089 36 Deposits, . Guaranty fund, Interest account, $828,961 88 16,958 00 13,169 48 $859,089 36 Cash on Deposit in Bank : — City National Bank, H o l y o k e , ....................................................................... $12,500 00 Loans on Bank Stock, amount on each : — On 10 shares City National Bank, Holyoke,......................................................$900 00 On 68 shares Third National Bank, Springfield, . . . . . . i «• On 8 shares Chapin National Bank, Springfield,............................................ J ’ On 8 shares Agawam National Bank, S p r i n g f i e l d ,.................................... 800 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 346 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. On 3 shares Chapin National Bank, Springfield, . ................................... 1 On 10 shares City National Bank, H olyoke,..................................................... j On 20 shares Home National Bank, H o l y o k e ; ............................................ On 60 shares Home National Bank, H o l y o k e , ............................................ On 25 shares Home National Bank, H o l y o k e , ............................................. ^ 1,400 00 5,000 00 2,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 22 20 50 75 193 Par Value. , Shoe & Leather N’l B’k, Boston, First Nat’l Bank, Springfield, Third Natfi Bank, Springfield, Hadley Falls N’l B’k, Holyoke, City National Bank, Holyoke, $2,200 2,000 5,000 7,500 19,300 $36,000 Estimated Market Value. $2,200 3,000 10,250 12,750 21,230 00 00 00 00 00 $49,430 00 Amount Invested. $3,008 3,080 8,500 11,990 21,500 50 00 00 00 00 $48,078 50 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $12,500 00 Rate. 4 per cent. Amount. $773,866 00 Rate. 5 per cent. Amount. $8,275 00 Rate. 6 per cent. , Value, by books, of real estate, held by foreclosure or otherwise, $7,600 00 Assessed value of the s a m e ,............................................................... 6,960 00 Number of loans which are of an amount not exceeding $3,000 each., 161 Aggregate amount of the s a m e , ...................................................... 206,549 00 Total number of loans upon real e s t a t e , .................................... . 212 Amount of investments from which no income is received, . 13,600 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , .............................................................. 45,553 72 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 14,263 49 year ending Oct. 31, 1 8 8 9 ,......................................................) 2 per cent., 1 14,684 98 Times for the dividends fixed by the by-laws : May and November. Number of accounts opened during the year ending Oct. 31, 1889, . 618 Number of accounts closed during the year ending Oct. 31, 1889, . 503 Total number of open accounts Oct. 31, 1889, . . . . 2,427 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)....................................................................................................................... 2,817 07 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... 257,421 20 Number of s a m e , ............................................................................... 3,853 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,................................................................................................................... 238,719 39 Number of s a m e , ............................................................................... 2,060 Date of examination by commissioner : January 18. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 347 P U B L IC D O CU M ENT — No. 8. Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 2,937 $55,976 82 480 39,599 12 191 29,125 08 150 51,489 61 49 46 34,917 05 46,313 52 3,853 $257,421 20 ber. To the credit — Of women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ not not not Amount. 1,207 9 $78,624 54 300 00 24 40 1,484 25 9,390 16 less Co m m o n w e a l t h of M a s sa c h u s e t t s . H am pden, ss ., N ov . 11, 1889. Personally appeared C. B. Prescott, Treasurer of the Mechanics’ Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, A l b io n F. H it c h c o c k , Notary Public. H am pden, ss ., N ov . 11, 1889. Personally appeared Timothy Merrick, President, and James Doyle, John O’Donnell, E. W. Chapin, G. H. Smith, Hiram Smith, C. O’Leary and A. W . Esleeck, trustees of said corporation, and severally made oath that the annexed report is correct, accord ing to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, A l b io n F . H it c h c o c k , Notary Public. 348 [Jan. B A N K CO M M ISSIO N E R S’ R E PO R T. M E C H A N IC S ’ S A V IN G S B A N K — L O W E L L . Incorporated March 1, 1861. Present number of corporators, 63. J e k e m ia h C l a r k , President. C h a s . C. H u t c h in so n , Treasurer. C h a s . C. H u t c h in so n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : J ac ob R o gers, J a m e s F r a n c is , John D a v is , F r a n c is C a r l l , C h a s . C. H u t c h in so n . Open for business every business day, 9 a .m . to 1 p . m . ; also Saturday evening, 7 to 9. B a l a n c e Sh e e t , O ctober 31, 1889. A ssets. Bank stock as per schedule, Loans on bank stock, Loans on railroad bonds, . Railroad notes, . . . . Real estate (for banking pur poses).......................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . L ia b il it ie s . $253,650 69,200 20,500 100,000 00 00 00 00 90,175 58,000 806,393 564,260 35,108 2,194 2,496 00 00 00 00 31 38 65 $2,001,977 34 Deposits, . Guaranty fund, Interest account, Suspense account, Rent account, . ' . $1,891,664 60,000 44,463 1,397 4,452 31 00 25 22 56 $2,001,977 34 Cash on Deposit in Banks, amount in each : — Railroad National Bank, Lowell, . Old Lowell National Bank, Lowell, Merchants’ National Bank, Lowell, National Hide and Leather Bank, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $19,917 00 10,000 00 5,000 00 191 31 1890.] 349 P U B L IC DO CU M EN T — No. 8. Loans on Bank Stock, amount on each : — On 150 shares National Hide and Leather Bank, Boston, On 50 shares National Bank of Redemption, Boston, . On 50 shares National Exchange Bank, Boston, . On 60 shares People’s National Bank, Boston, On 150 shares National Hide and Leather Bank, Boston, On 85 shares Railroad National Bank, Lowell, On 70 shares National Bank of the Commonwealth, Boston, On 20 shares Metropolitan National Bank, Boston, On 10 shares Railroad National Bank, Lowell, On 25 shares First National Bank, Lowell, . . . . On 6 shares Merchants’ National Bank, Lowell, . On 25 shares Old Lowell National Bank, Lowell, . On 3 shares Old Lowell National Bank, Lowell, . On 5 shares Merchants’ National Bank, Lowell, . $30,000 00 23,500 00 10,000 00 2,500 00 2,500 00 200 00 500 00 Loans on Railroad Bonds, amount on each : — n $20,000 Lowell & Lawrence R.R. 6s, On $1,000 Boston & Lowell R.R. 7s, . . . .' $20,000 00 500 00 . No. of Shares. Detailed Statement o f Bank Stocks. 106 99 63 9 45 40 25 90 8 65 200 13 265 100 10 105 43 37 281 83 160 20 39 7 50 28 117 30 68 Par Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . National City Bank, Boston, . N’l B’k of Commerce, Boston, National Eagle Bank, Boston, Eliot National Bank, Boston,. Everett Nat’l Bank, Boston, . First National Bank, Boston, . Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, Metropolitan N’l Bank,Boston, Mt. Vernon N’l Bank, Boston, New England N’l B’k, Boston, North National Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic,Boston, Nat’l Revere Bank, Boston, . Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston. Traders’ Nat’l Bank, Boston, . Nat’l Webster Bank, Boston. Collateral Loan Co., Boston, . Railroad Nat’l Bank, Lowell, Bay State N’l Bank, Lawrence, First National Bank, Malden, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,600 9,900 6,300 900 4,500 4,000 2,500 9,000 800 6,500 20,000 1,300 26,500 10,000 1,000 10,500 4,300 3,700 28,100 8,300 16,000 2,000 3,900 700 5,000 2,800 11,700 2,250 6,800 Estimated Market Value. $12,534 11,162 7,686 855 5,760 4,120 3,287 9,270 1,940 8,190 24,000 1,430 38,292 10,400 1,395 17,036 5,977 4,523 37,794 13,861 19,840 3,500 5,070 665 5,000 2,940 15,444 3,450 8,500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $11,660 9,900 7,056 900 5,040 4.000 2,500 9,000 800 8,000 21,000 1,300 36,800 10,000 1,000 15,500 5,160 3,700 32,315 9,960 19,200 2,500 4,290 700 5,000 2,800 13,839 2,250 7,480 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $219,850 $283,921 00 $253,650 00 B A N K COM M ISSIO N ERS’ R E P O R T . 350 [Jan. Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Kate. Amount. $20,108 5,000 10,000 342,260 31 00 00 00 Amount. 2 per cent. 2è “ 3 “ 4 “ $25,000 504,550 502,073 11,350 00 00 00 00 Rate. Amount. Rate. 4| per cent. 4è “ 5 “ 5h “ $155,720 00 9,500 00 9,900 00 6 per cent. 6è “ 7 Amount invested in real estate for banking purposes,.................................... $90,175 00 Estimated value of the same,................................................................................. 80,000 00 Assessed value of the same..................................................................................... 68,900 00 Net income received from same during year ending Oct. 31, 1889, 3,406 71 Value, by books, of other real estate, held by foreclosure or otherwise, 58,000 00 Assessed value of the same..................................................................................... 51,390 00 Net income received from same during year ending Oct. 31, 1889, 628 43 Number of loans which are of an amount not exceeding $3,000 each, . 318 Aggregate amount of the s a m e , ....................................................................... 397,353 00 Total number of loans upon real estate,..................................................... 367 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... 96,585 18 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 34,157 38 year ending Oct. 31, 1 8 8 9 , ..................................................... 3 2 per cent., 1 34,948 29 Times for the dividends fixed by the by-laws: first Saturday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, . 984 Number of accounts closed during the year ending Oct. 31, 1889, . 722 Total number of open accounts Oct. 31* 1889, . . . . 4,876 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 5,664 60 t a x e s ) ,.................................................................................................................. Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 381,589 50 Number of same.......................................................................................5,169 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,.................................................................................................................. 342,457 38 Number of s a m e , ................................................................................3,371 Date of examination by commissioner: July 8. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 3,821 $76,808 37 652 54,587 72 319 50,856 00 241 83,565 58 66 70 45,771 83 70,000 00 5,169 $381,589 50 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num ber. Amount. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, In trust, . . . . Amount. 1903 25 $144,887 80 4,171 38 53 453 3,665 13 54,279 05 1890.] P U B L IC DO CU M EN T — No. 8. Com m onw ealth of 351 M a s sa c h u s e t t s . M id d l e s e x , ss ., N ov . 16, 1889. Personally appeared Charles C. Hutchinson, Treasurer of the Mechanics’ Savings Bank in Lowell, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the an swers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they rejate, according to his best knowledge and belief. Before me, ¥ m. F. H i l l s , Justice o f the Peace. M id d l e s e x , ss ., N ov . 16, 1889. Personally appeared Jeremiah Clark, President, and Julian Y . Keyes, Francis Carll, W m . W . Sherman, Edward N. Burke and Jacob Rogers, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, W m . F. H i l l s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 352 [Jan B A N K CO M M ISSIO N ERS’ R E PO R T M EDFORD S A V IN G S B A N K — M ED FORD. Incorporated 1869. D a n ’ l W . L a w r e n c e , President. J. G i l m a n W Present number of corporators, 79. C h a r l e s B . B u s s , Treasurer. a it e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : D a n ’ l W. L a w r e n c e , B e n j . F. H a y e s , D a n ’ l A. G l e a s o n , F r a n c is E. F o st e r , C h a s . M. B a r r e t t . Open for business Tuesday and Saturday, 3 to 9 B a l a n c e Sh e e t , O c t o b er p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Railroad notes, . . . . Real estate (for banking pur poses), .................................... Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Deposit in bank, on interest, Cash on hand, . . . . $110,280 33,650 46,011 20,000 00 00 50 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $686,592 47 17,150 00 17,594 51 7,371 24 11,720 52 323,043 59 132,000 00 21,700 00 27,553 77 2,748 84 $728,708 22 $728,708 22 Cash on Deposit in Bank : — National Exchange Bank, Boston, . . . t . . . . $27,553 77 Detailed Statement o f Public Funds. Par Value, City of Biddeford, Me., 4s, of Lynn, Mass., 5s, . of Fall River, Mass., 6s, . of Haverhill, Mass , 7s, . of Charlestown, Mass., 6s, Town of Melrose, Mass., 7s, . of Natick, Mass., 4s, of Medford, Mass., 6s, . of Wellesley, Mass., 4s, of Hartland, Me., 4|s, . District of Columbia 6s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $14,500 5,000 3,000. 6,000 4,000 7,000 5,000 12,000 15,000 12,000 26,000 $109,500 * Estimated Market Value. $14,500 5,875 3,945 6,390 4,160 7,665 5,150 12,180 15,900 12,000 27,200 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $14,500 5,000 3,780 6.000 4,000 7,000 5,000 12,000 15,000 12,000 26,000 00 00 00 00 00 00 00 00 00 00* 00 $114,965 00 $110,280 00 A l;gal investment when made. 1890.] 353 P U B L IC D O CU M EN T — No. 8. Ko. of Shares. Detailed Statement o f Bank Stocks. 12 15 35 4 10 15 20 25 10 20 10 25 20 20 25 15 20 25 Par Value. N’l B’k of Commerce, Boston, Hamilton Nat’l Bank, Boston, Blackstone N’l Bank, Boston, Nat’l Revere Bank, Boston, . National Eagle Bank, Boston, N’l B’k of the Republic, Boston, N’l B’k of the Commonwealth, Boston, . . . . Monument N’l Bank, Boston,. Market Nat’l Bank, Boston, . N’l Hide & Leather B’k, Boston, Nat’l Webster Bank, Boston,. Boston Nat’l Bank, Boston, . North National Bank, Boston, Merchandise N’l Bank, Boston, Suffolk Nat’l Bank, Boston, . Continental N’l Bank, Boston, Commercial N’l Bank, Boston, Central National Bank, Lynn, Estimated Market Value. $1,200 1,500 3,300 400 1,000 1,500 2,000 2,500 1,000 2,000 1,000 2,500 2,000 2,000 2,500 1,500 2,000 2,500 $32,400 $1,536 1,899 3,720 496 1,030 2,505 . 3,400 5,500 1,000 2,400 1,000 3,050 2,840 1,400 2,884 1,837 1,960 4,050 Amount Invested. 00 37 75 00 00 00 $1,200 1,500 3,300 400 1,000 1,500 00 00 00 00 00 00 2,000 3,750 1,000 2,000 1,000 2,500 2,000 2,000 2,500 1,500 2,000 2,500 00 00 00 00 00 00 00 0Q 00 00 00 00 00 00 00 00 00 00 00 00 38 50 00 00 $42,509 00 $33,650 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 6s, Conn. & Rassumpsic Rivers R.R. 7s, Fitchburg R.R. 4s, . Fitchburg R.R. 4|s, . . . . $5,000 5,000 10,000 25,000 $45,000 Estimated Market Value. $5,550 5,500 10,000 25,750 00 00 00 00 $46,800 00' Amount Invested. $5,575 5,436 10,000 25,000 00 50 00 00 $46,011 50 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Kate. Amount. $27,553 31,700 25.000 38.000 77 00 00 00 2 per cent. 3! “ 44 “ 4i “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Kate. Amount. $13,000 117,400 6,000 4,800 00 00 00 00 4| per cent. 5 “ 54 “ H “ Amount. $237,343 59 13,500 00 10,000 00 Kate. 6 6à 7 per cent. “ 354 B A N K CO M M ISSIO N ERS’ R E P O R T . Amount invested in real estate for banking purposes....................................... Estimated value of the same.............................................. Number of loans which are of an amount not exceeding $3,000 each, 224 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real e s t a t e , ............................................ 322 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Hate and amount of each semi-annual dividend during the )2 per cent., 5 year ending Oct. 31, 1 8 8 9 ,......................................................>2 per cent., t Times for the dividends fixed by the by-laws : first Saturday in May and November. Number of accounts opened during the year ending Oct 31, 1889, . 315 Number of accounts closed during the year ending Oct. 31, 1889, . 222 Total number of open accounts Oct. 31, 1889, . . . . 2,339 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s ),.................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,.................................................................................................. Number of s a m e , ..........................................................................................2,516 Amount of withdrawals, including dividends, during the year ending Oct. ¿11, 1889..................................................................................................................... Number of same................................................................................................1,519 Date of examination by commissioner: April 23. [Jan. $11,720 52 11,720 52 p 259,543 09 36,602 23 12,319 64 12,244 55 1,701 26 154,845 00 139,728 98- Classification o f Deposits received during the Year ending Oct. 3 1 , 188,9. Number. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Amount. 1,970 $34,747 00 267 20,993 00 129 19,681 00 96 34,056 00 35 19 26,368 00 19,000 00 2,516 $154,845 00 Co m m o n w ea lth ber. To the credit — Of women, both adult and minor, Of guardians, O f religious and charitable associations, . In trust, . . . . of Amount. 1,046 5 $56,439 00 1,641 00 9 357 436 00 17,265 00 M a s sa c h u s e t t s . M id d l e s e x , ss ., Nov. 1, 1889. Personally appeared Charles B. Buss, Treasurer of the Medford Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, D an ’l A G l e a s o n , Justice o f the Peace. M i d d l e s e x , ss , Nov. 1, 1889. Personally appeared Daniel W . Lawrence, President, and Rosewell B. Lawrence, Jas. P. Richardson, Benj. C. Leonard, J. Gilman Waite and B. F. Hayes, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, D a n ’ l A. G l e a s o n , Justice o f the Peace. 1890.] 355 P U B L IC D O C U M E N T — No. 8 M E D W A Y S A V IN G S B A N K — M E D W A Y . Incorporated Feb. 20, 1871. M il t o n Present number of corporators, 36. F r e d e r i c k L. F i s h e r , Treasurer. M . F i s h e r , President. F r e d e r ic k L. F i s h e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds : A. M. B. F u l l e r , M . M . F is h e r , S. W. S u m n e r R o b b in s , R ic h a r d s o n , W ales K S. G . C l a r k . im b a l l , Open for business every business day, 9 a .m . B a l a n c e Sh e e t , O c to b er m ., 2 to 5 p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate,. Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposits in banks, on interest, . Assessment on stock of Central National Bank, Cash on hand, . . . . to 12 $6,099 35,300 1.300 25,934 5,632 106,068 35.731 00 59 00 00 55 40 83 Deposits, . Guaranty fund, Interest account, $218,694 10 9,142 17 3,278 58 \ 3,500 00 8,525 84 1.300 00 1,722 64 $231,114 85 $231,114 85 Cash on Deposit in Banks, amount in each : — Howard National Bank, B o s t o n ,....................................................................... $4,954 61 Central National Bank, B o s t o n , ....................................................................... 3,571 23 Loans on Bank Stock, amount on each : — On 10 shares Appleton National Bank, L o w e l l , ............................................ $1,000 00 On 5 shares Dedham National Bank, D e d h a m ,............................................. 300 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 356 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Public Funds. Par Value. City of Cleveland, Ohio, 6s, of Detroit, Mich., 6s, of Grand Rapids, Mich , 5s, of Keene, N. H , 6s, . Town of Brookline, Mass., 4is, Estimated Market Value. $1,000 1,000 2,000 500 1,000 $1,115 1,305 2,333 575 1,040 00 00 00 00 00 $5,500 $6,368 00 Amount Invested. $1,105 1,245 2,176 550 1,023 00 00 00 00 00 $6,099 00 No. of Shares. Detailed Statement o f Bank Stocks. Par Value. 6 18 60 30 15 10 10 25 20 15 20 20 20 17 32 Atlas Nat1] Bank, Boston, Boston Nat’l Bank, Boston, . Central Nat’l Bank, Boston, . First Ward N’l Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Market Nat’l Bank, Boston, . Manufacturers’ N’l B’k, Boston, Merchandise N’l B’k, Boston, Mt. Vernon N’l Bank, Boston, Nat’l Revere Bank, Boston, . Sliawmut Nat’l Bank, Boston, Dedham Nat’l Bank, Dedham, Franklin N’l Bank, Franklin, Ilolliston N’l Bank, Holliston, South Framingham National Bank, South Framingham,* National Bank of Wrentham, Wrentham, . . . . 3 * $600 1,800 6,000 3,000 1,500 1,000 1,000 2,500 2,000 1,500 2,000 2,000 2,000 1,700 3,200 Estimated Market Value. $709 2,196 8,160 3,967 1,800 1,100 1,000 2,628 1,390 2,092 2,480 2,600 2,280 1,870 3,648 60 00 00 50 00 00 00 13 00 50 00 00 00 00 00 Amount Invested. $720 2,234 5,500 3,075 1,905 1,100 1.030 2,542 2,062 1,623 2,543 2,395 2,404 1,972 3,862 00 25 00 00 00 00 00 50 50 75 56 53 00 00 50 20 20 00 20 00 210 240 00 310 00 $32,030 $38,181 73 $35,300 59 This bank is in process o f liquidation, and has paid 99 per cent, to stockholders. Detailed Statement o f Railroad Bonds. Par Value. Boston & Albanv R R. 7s, Boston, Clinton & Fitchburg R.R. 5s, Boston & Lowell R R. 4s, Conn. & Passumpsic Rivers R.R. 7s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,000 2,000 3,000 2,000 Estimated Market Value. $2,185 2,383 3,185 2,211 00 00 00 66 Amount Invested. $2,135 2,215 3,042 2,210 00 00 00 00 1890.] 357 P U B L IC DO CU M EN T — No. 8. Detailed Statement o f Railroad Bonds— Concluded. Par Value. Fitchburg R.R. 6s, . Leeds & Farmington, R.R. 6s,. Lowell & Lawrence R.R. 6s, . Maine Central R R. 6s, . Newport & Richford R.R. 5s, . Old Colony R.R. 6 s,. Old Colony R R. 7 s,. Portland & Ogdensburg R.R. 6s, Salem & Lowell R.R. 6s,. $2,000 2,000 1,000 2,000 2,000 2,000 1,000 2,000 500 $23,500 Estimated Market Value. $2,230 2,290 1,150 2,380 2,133 2,340 1,144 2,400 585 Amount Invested. 00 00 00 00 00 00 16 00 00 $26,616 82 $2,210 2,185 1,103 2,330 2,240 2,210 1,112 2,385 556 00 00 00 00 00 00 50 00 50 $25,934 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Kate. Amount. $3,571 23 4,954 61 2 per cent. 2i “ Amount. $17,500 00 5,000 00 Kate. Amount. Kate. 5 per cent. 5h “ $124,100 23 6 per cent. $5,632 55 Value, by books, of real estate, held by foreclosure or otherwise, 6,950 00 Assessed value of the s a m e ,............................................................... 237 82 Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 e£ i, 219 126,000 23 Aggregate amount of the s a m e , ...................................................... . 153 Total number of loans upon real e s t a t e , .................................... 1,300 00 Amount of investments from which no income is received,. Gross amount of interest or profits received or earned, during year ending 11,272 63 Oct. 31, 1889.................................................................................. 3,671 30 Rate and amount of each semi-annual dividend during the 1 2 per■ cent., l 3,790 74 ■ cent., ) year ending Oct. 31, 1 8 8 9 ,......................................................L Times for the dividends fixed by the by-laws; June 1 and December 1. Number of accounts opened during the year ending Oct. 31, 1889, . 206 Number of accounts closed during the year ending Oct. 31, 1889, . 105 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 981 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of 921 46 t a x e s ),................................................................................................................... Amount of deposits, not including dividends, received during the year end 133,844 28 ing Oct. 31, 1889..................................................................................................... Number of same...................................................................................... 1,393 Amount of withdrawals, including dividends, during the year ending Oct. 119,477 47 31, 1889..................................................................................................................... Number of s a m e , ....................................................................... ' 986 Date of examination by commissioner: April 1.* https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 358 B A N K C O M M ISSIO N ERS’ R E PO R T. [Jan. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 932 $18,557 50 206 16,148 39 114 17,010 91 82 24,231 75 38 21 25,213 81 32,681 92 1,393 $133,844 28 not not not ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust................................ Amount. 430 13 $28,191 25 1,351 00 16 60 1,653 71 5,260 29 less Com m o nw ealth o r M assach usetts. N orfolk, ss ., N ov . 5, 1889. Personally appeared Frederick L. Fisher, Treasurer of the Medway Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, H e n r y E. M a so n , Justice o f the Peace. N orfolk, ss ., N ov . 7, 1889. Personally appeared Milton M. Fisher, President, and J. B. Hopkins, S. G. Clark, Wales Kimball, Sumner Robbins and E. C. Wilson, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, H e n r y E. M a s o n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 18*90.] P U B L IC D O C U M E N T — No. 8. 359 M ELROSE S A V IN G S B A N K — M EL R O SE . Incorporated 1872. D a n ie l R ussell, Present number of corporators, 25. E. H. Goss, Treasurer. President. J ohn L a r r a b e e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : G eorge N e w h a l l , D a n ie l N o r to n , S e t h E . B e Nso n . Open for business Wednesday and Saturday, 3.30 to 6 p . m .; also Saturday, 7 to 8 p . m . B a l a n c e Sh e e t , Oc to ber 31, 1889. A ssets. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Deposits in banks, on interest, . Cash on hand, . . . . $69,000 7,200 219,625 13,390 00 00 00 00 Deposits, . Guaranty fund, Interest account, $334,110 57 4,999 38 12,414 12 9,000 00 32,467 52 841 55 $351,524 07 $351,524 07 Cash on Deposit in Banks, amount in each: — National Bank of the Republic, B o s t o n , ............................................. ......... Everett National Bank, Boston.............................................................................. $15,960 00 16,507 52 Detailed Statement o f Public Funds. Par Value. City of Dover, N. II., 6s, . of Portland, Me , 6s, of Portsmouth, N. H., 6s, of Boston, Mass., 4s, of Brockton, Mass., 5s, . of Columbus, Ohio, 4s, Town of Clinton, Mass , 4s, of Melrose, Mass., 4s, . of Melrose, Mass., 7s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $3,000 5,000 1,000 7,000 8,000 5,000 6,000 33,000 1,000 $69,000 $3,180 6,150 1,060 7,350 9,360 5,100 6,060 34,055 1,310 00 00 00 00 00 00 00 00 00 $73,625 00 Legal investments when made. Amount Invested. $3,000 5,000 1,000 7,000 8,000 5,000 6,000 33,000 1,000 00 00* 00* 00 00 00 00 00 00 $69,000 00 [Jan B A N K CO M M ISSIO N E R S’ R E PO R T. 360 No. of Shares. Detailed Statement o f Bank Stocks. 45 27 Par Value. Freeman’s N’l Bank, Boston, Everett Nat'l Bank, Boston, . Estimated Amount Invested. Market Value. $4,500 2,700 $4,668 00 2,781 00 $4,500 00 2,700 00 $7,200 $7,449 00 $7,200 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Rate. Amount. $32,467 52 7,600 00 2J per cent. 31 “ $ 2,000 00 2,000 00 Kate. 4 per cent. 5 Amount. ■Rate. $231,015 00 6 per cent. Number of loans which are of an amount not exceeding $3,000 each, 186 $205,515 00 Aggregate amount of the same.............................................................................. Total number of loans upon real e s t a t e , .............................................179 Gross amount of interest or profits received or earned, as per books, dur 15,677 19 ing year ending Oct. 31, 1 8 8 9 , ....................................................................... 5,100 08 Rate and amount of each semi-annual dividend during the ) 2 per cent., f 5,353 53 year ending Oct. 31, 1 8 8 9 ,......................................................J 2 per cent., 1 Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 466 Number of accounts closed during the year ending Oct. 31, 1889, . 256 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 1,996 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of 1,538 20 taxes),..................................................................................................................... Amount of deposits, not including dividends, received during the year 183,932 57 ending Oct. 31, 1 8 8 9 ,.......................................................................................... Number of s a m e ,................................................................................ 2,932 Amount of withdrawals, including dividends, during the year ending Oct. 144,517 32 31, 1 8 8 9 , ............................................................................................................ Number of s a m e , ................................................................................1,704 Date of examination by commissioner: September 24. Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num Num ber. Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . Of $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. 2,361 $33,101 81 271 22,218 90 128 19,884 11 95 34,498 03 39 38 28,301 66 45,928 06 2,932 $183,932 57 not not not less ber. To the credit — O f women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust................................ Amount. 1,316 8 $67,649 48 4,736 45 118 204 6,365 59 31,650 66 1890.] P U B L IC D O CU M EN T — No. 8. Co m m on w ealth Su ffolk, of 361 M a s sa c h u s e t t s . ss . B oston , N ov . 4, 1889. Personally appeared E. H. Goss, Treasurer of the Melrose Savings Bank, and made oath that the foregoing‘ statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, Su ffo lk , ss . F r a n k E. O r c u t t , Justice o f the Peace. . B oston , N ov . 11, 1889. Personally appeared Daniel Russell, President, and Jos. D. Wilde, Moses S. Page, George Newhall, John Larrabee and Daniel Norton, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, F r a n k E . O r c u t t , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 362 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. M ER R IM A C S A V IN G S B A N K — M ER R IM A C . Incorporated 1871. W m Present number of corporators, 39. . H . H a s k e l l , President. D a n i e l J. P o o r e , Treasurer. 0 . E. L i t t l e , Clerk o f the Corporation. Names of committee charged with the investment of its funds: W m. H . H a s k e l l ," A l b e r t Sa r g e n t , J o h n B. J u d k in s . Open for business every business day, except Saturday, 8.30 Saturday, 8.30 a . m . to 12 m . B a l a n c e Sh e e t , O c t o b e r A ssets. a .m . to 12 m ., 1 30 to 3 p .m . ; 31, 1889. L ia b il it ie s . Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, $20,000 00 150 00 7,800 00 6,200 00 31,400 00 235,057 00 119,347 27 Deposits, . Guaranty fund, Profit and loss ac count, . $407,248 76 16,002 33 2,768 01 3,650 00 1,000 00 1,414 83 $426,019 10 $426,019 10 Cash on Deposit in Bank : — First National Bank, Merrimac, . . . . $2,414 83 Loan on Public Funds: — On $400 City of Ellsworth, Me., bonds, $150 00 Loans on Bank Stock, amount on each : — On 20 shares First National Bank, Merrimac, On 18 shares First National Bank, Merrimac, On 10 shares First National Bank, Merrimac, On 10 shares First National Bank, Merrimac, On 4 shares Haverhill National Bank, Haverhill, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,000 00 1,800 00 1,000 00 1,000 00 400 00 1890.] 363 PU B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. Town of Marlborough, Mass., 4s, City of Dayton, Ohio, 4s, . Estimated Market Value. Amount Invested. $8,000 12,000 $8,240 00 12,360 00 $8,000 00 12,000 00 $20,000 $20,600 00 $20,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 70 8 Par Value. First Nat’l Bank, Merrimac, . Powow River National Bank, Amesbury, . . . . Estimated Market Value. Amount Invested. $7,000 $9,100 00 $7,000 00 800 1,120 00 800 00 $7,800 $10,220 00 $7,800 00 Detailed Statement o f Railroad Bonds. Par Value. West Amesbury Branch R.R. 7s, Fitchburg R.R. 4s, . Boston & Lowell R.R. 4s, Estimated Market Value. Amount Invested. $11,400 15,000 5,000 $12,540 00 14,400 00 5,200 00 $11,400 00 15,000 00 5,000 00 $31,400 $32,140 00 $31,400 00 Total Amount of Loans with Each Specified Rate o f Diterest, including Deposits in Banks on Interest. Amount. $1,000 00 3,650 00 122,142 77 Rate. 34 per cent. 4 “ 5 “ Amount. $10,000 00 34,800 00 Kate. Amount. 54 per cent. $188,761 50 5,050 00 Rate. 6 per cent. 7 Number of loans which are of an amount not exceeding $3,000 each, . 177 Aggregate amount of the s a m e , ....................................................................... $169,220 44 Total number of loans upon real estate,......................................................170 20,000 00 Amount of investments from which no income is received, . . . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 364 B A N K CO M M ISSIO N ERS’ R E P O R T . [elan. Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ............................................................................... $21,556 64 Rate and amount of each semi-annual dividend during the | 2 per cent, J 7,647 80year ending Oct. 31, 1 8 8 9 , ..................................................... i 2 per cent., I 7,791 86 Times for the dividends fixed by the by-laws: third Wednesday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 180 Number of accounts closed during the year ending Oct. 31, 1889, . 122 Total number of open accounts Oct. 31, 1889.................................... 1,313 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,.................................................................................................................. 1,583 84 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889.................................................................................................... 53,809 68 Number of same........................................................................................... 837 Amount of withdrawals, including dividends, during the year ending Oct. 31,1889....................................." ............................................................................ 62,996 66 Number of s a m e , ..................................................................................... 585 Date of examination by commissioner: October 1. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 649 $10,624 31 94 7,939 35 39 6,315 18 32 11,282 31 21 2 14,683 03 2,965 50 837 $53,809 68 To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust................................ Amount. 269 1 $22,376 24 70 00 10 5 302 06 1,403 51 C o m m o n w ea lth o r M assa ch u setts. E ssex , ss ., N ov . 19, 1889. Personally appeared Daniel J. Poore, Treasurer of the Merrimac Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, T h o m a s H . H o y t , Justice o f the Peace. E s s e x , ss ., N ov . 19, 1889. Personally appeared Wm. H. Haskell, President, and Albert Sargent, Geo. G. Larkin, J. B. Little, M. G. Clement, O. E. Little and D. J. Poore, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowl edge and belief. Before me, T h o m a s H. H o y t , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 365 P U B L IC D O CU M EN T — No. 8 M E R R IM A C K R IV E R S A V IN G S B A N K — L O W E L L . Incorporated 1871. Present number of corporators, 26. J. G. P e a b o d y , President. N. N. G. L a m so n , Treasurer. G. L a m so n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : J. G . P e a b o d y , Ch as. F. Y arnum , H . C. H o w e , C h as. E . A d am s, F r a n c is J e w e t t , R . G. Ba r t l e t t . Open for business Monday, Tuesday, Thursday and Friday, 9 Saturday, 9 a .m . to 12 m ., 7 to 9 B a l a n c e Sh e e t , O ctober to 12 m ., 2 to 4 p m. ; 31,1889. L ia b il it ik A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Cash on hand, . . . . a m. p .m . $59,491 2,700 26,000 1,800 505,977 243,300 34,894 1,707 50 00 00 00 97 00 76 16 $875,871 39 Deposits, . Guaranty fund, Interest account, $836,634 92 16,675 00 22,561 47 $875,871 39 Cash on Deposit in Banks, amount in each: — Wamesit National Bank, Lowell, Merchants’ National Bank, Lowell, $29,894 76 5,000 00 Loans on Bank Stock, amount on each : — On 13 shares Wamesit National Bank, Lowell, On 20 shares Wamesit National Bank, Lowell, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $700 00 2,000 00 366 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan No. of Shares. Detailed Statement o f Bank Stocks. 40 10 25 50 20 23 20 9 34 20 40 9 3 5 64 15 45 10 100 I’ar Value. Atlas National Bank, Boston, Atlantic Nat’l Bank, Boston, . Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Eliot National Bank, Boston, . Fourth Nat’l Bank, Boston, . Globe Nat’l Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k,Boston, Howard Nat’l Bank, Boston, . Metropolitan N’l B’k, Boston, North National Bank, Boston, N ’l B’k of No. America, Boston, Old Boston N’l Bank, Boston, N ’l B’k of Redemption,Boston, Suffolk Nat’l Bank, Boston, . Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston,. Wamesit Nat’l Bank, Lowell, $4,000 1,000 2,500 5,000 2,000 2,300 2,000 900 3,400 2,000 4,000 900 300 500 6,400 1,500 4,500 1,000 10,000 $54,200 Estimated Market Value. $4,730 1,425 2,750 6,100 2,600 2,708 1,970 1,098 4,080 2,200 4,160 1,251 366 595 8,608 1,725 5,108 1,000 14,600 Amount Invested. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $67,074 0Q $4,000 1,000 2,500 5,000 2,405 2,300 2,000 900 3,400 2,000 4,000 900 300 500 7,461 1,500 4,500 1,000 13,825 00 00 00 00 00 00 00 00 00 00 00 00 00 00 50 00 00 00 00 $59,491 50 Detailed Statement o f Railroad Bonds. Par Value. Lowell & Andover R.R. 6s, Nashua & Lowell R.R. 6s, Fitchburg R.R. 4^s, . . . . Estimated Market Value. Amount Invested. $10,000 1,000 15,000 $10,800 00 1,070 00 15,000 00 $10,000 00 1,000 00 15,000 00 $26,000 $26,870 00 $26,000 00 Total Amount of Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Kate. Amount. Kate. 2 per cent. 4 “ $294,382 97 20,000 00 56,715 00 5 per cent. Amount. $34,894 60,000 30,000 91,500 76 00 00 00 H 4è https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ “ H 5è “ “ Amount. $7,500 00 184,840 00 7,040 00 Kate. 5| per cent. 6 7 » 1890.] P U B L IC DO CU M EN T — No. 8. 367 Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, . . Number of loans which are of an amount not exceeding $3,000 each, 144 Aggregate amount of the s a m e , ..................................................... ........ . Total amount of loans upon real e s t a t e , ............................................ 196 Gross amount of interest or profits received or earned, as per books, dur ing year ending Oct. 31, 1 8 8 9 , ....................................................................... Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 , ..................................................... I 2 per cent., I Times for the dividends fixed by the by-laws : first Saturday in May and November. Number of accounts opened during the year ending Oct. 31, 1889, . 374 Number of accounts closed during the year ending Oct. 31, 1889, . 219 Total number of open accounts Oct. 31, 1889, . . . . 1,747 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... Number of same............................................................................................... 1,753 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... Number of same........................................................................................... 891 Date of examination by commissioner: July 22. $1,800 00 2,200 00 147 88 231,515 00 39,140 01 14,065 53 14,877 82 1,596 76 185,017 39 120,623 22 Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 1,155 $24,982 62 265 21,687 55 125 20,316 92 127 46,458 22 34 47 24,572 08 47,000 00 1,753 $185,017 39 ber. To the credit — O f women, both adult and minor, O f guardians, Of religious and charitable associations, . In trust, . . . . not not not Amount. 609 9 $74,670 57 4,003 84 33 284 7,891 14 27,824 22 less Co m m o n w e a l t h M id d l e s e x , Num Amount. ss . oe M a ssa ch u setts. L o w e l l , N o v . 13, 1889. Personally appeared N. G. Lamson, Treasurer of the Merrimack River Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, G . W i n f ie l d K n o w l t o n , Justice o f the Peace. M id d l e s e x , ss . L o w e l l , N o v . 16, 1889. Personally appeared J. G. Peabody, President, and W . A. Ingham, Alfred Barney, A . D. Puffer, Francis Jewett and H. C. Howe, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, G. W i n f ie l d K n o w l t o n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 368 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. M ID D LEB O R O U G H S A V IN G S B A N K — M ID D LE B O R O U G H . Incorporated March 15, 1873. Present number of corporators, 35. A ndrew M. W E v e r e t t R o b in s o n , President. A ndrew M. W ood , o od , Treasurer. Clerk o f the Corporation. Names of committee charged with the investment of its funds : E v e r e t t R o b in so n , G eorge B r a t t o n , Jam es H . H a r l o w , G eorge E . D oane. Open for business every business day, 9 a .m . to 12 m ., 2 to 4 p .m . ; and Saturday, 7 to 8 p . m . B a l a n c e Sh e e t , O c to b er L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,................................... Loans on depositors’ books, Deposits in banks, on interest, . Deposits in banks, not on interest, Cash on hand................................ 31, 1889. $6,000 12,300 22,000 5,896 391,403 82,765 00 00 00 20 98 82 79,730 200 63,862 828 2,757 00 00 57 30 86 $667,744 73 Deposits, . Guaranty fund, Interest account, $644,058 99 14,432 00 9,253 74 $667,744 73 Cash on Deposit in Banks, amount in each : — Plymouth National Bank, Plymouth, . Home National Bank, Brockton, . First National Bank, Merrimac, National Bank of the Commonwealth, Boston, Maverick National Bank, Boston, . Middleborough National Bank, Middleborough, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $10,000 5,000 20,000 4,273 14,589 10,828 00 00 00 32 25 30 369 P U B L IC D O CU M EN T — No. 8. 1890.] Detailed Statement o f Public Funds. Par Value. $6,000 City of Boston, Mass., 4s, Estimated Market Value. $6,360 00 Amount Invested. $6,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 50 22 21 30 Par Value. Nat’l Webster Bank, Boston, . Tremont N atl Bank, Boston, Suffolk Nati Bank, Boston, . N1 Bank of Commerce, New Bedford, . . . . Estimated Market Value. Amount Invested. $5,000 2,200 2,100 $5,000 00 2,552 00 2,415 00 $5,000 00 2,200 00 2,100 00 3,000 2,940 00 3,000 00 $12,300 $12,907 00 $12,300 00 Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 6s, . Old Colony R.R. 7s, . Boston & Lowell R.R. 4s, Fitchburg R.R. 5s, . . . $6,000 1,000 10,000 5,000 . . $22,000 Estimated Market Value. $6,840 1,140 10,500 5,300 00 00 00 00 $23,780 00 Amount Invested. $6,000 1,000 10,000 5,000 00 00 00 00 $22,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $4,273 24,589 25.000 10.000 32 25 00 00 2 per cent. 2h “ 3 “ 3h “ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount. $30,000 5,000 21,555 18,675 00 00 00 00 Rate. 3| per cent. 4 4i “ 4* “ Amount. $43,646 5,400 427,123 2,700 10 00 70 00 Rate. 5 per cent. 5è “ 6 6è “ 370 B A N K C O M M IS S IO N E D ’ R E P O R T . Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each,. 502 Aggregate amount of the same............................................................................... Total number of loans upon real estate,..................................................... 403 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the 1 2 per cent., f year ending Oct. 31, 1 8 8 9 , .....................................................J 2 per cent., i Times for the dividends fixed by the by-laws : first Monday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 306 Number of accounts closed during the year ending Oct. 31, 1889, . 217 Total number of open accounts Oct. 31, 1889, . . . . 2,256 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)................................................................................................................... Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s a m e , ................................................................................ 1,552 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , .......................................................................................................... Number of s a m e , ................................................................................1,217 Rate of examination by commissioner: June 24. [Jan. $5,896 20 5,560 00 142 56 373,873 70 1,050 00 30,476 35 11,880 36 12,159 69 1,761 25 119,447 26 112,488 05 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. ber. 1,122 $23,705 82 205 17,405 62 104 16,409 34 87 32,079 70 13 21 8,846 78 21,000 00 1,552 $119,447 26 not not not less Co m m on w ealth of To the credit — Of women, both adult and minor, Of guardians, Of religious and chari table associations, . In trust, . . . . Amount. 586 6 $45,658 71 605 37 57 125 3,671 36 9,095 63 M a s sa c h u s e t t s . P lym outh, ss ., N o v . 4, 1889. Personally appeared Andrew M. Wood, Treasurer of the Middleborough Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, C h a r l e s T. T h a t c h e r , Justice o f the Peace. P lym outh, ss ., N ov . 4, 1889. Personally appeared Everett Robinson, President, and Geo. E. Doane, Calvin D. Kingman, George Brayton, Matthew H. Cushing and John Shaw, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, C h a r l e s T. T h a t c h e r , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 371 PU B L IC D O CU M EN T — No. 8. M ID D L E S E X IN S T IT U T IO N FOR S A V IN G S — CONCORD. Incorporated March 4, 1835. Present number of corporators, 21. G e o r g e M . B r o o k s , President. H e n r y J. W G e o r g e I I e y w o o d , Treasurer. alcott, Clerk o f the Corporation. Names of committee charged with the investment of its funds : G eo rg e M . B rooks, J o h n S. K e y e s , Sa m u e l H o a r , L o r e n zo E a t o n . Open for business every business day, 9 B alance Sh e e t , O ctober to 2 p . m . 31, 1889. L ia b il it ie s . A ssets. Bank stock as per schedule, Loan on hank stock, . Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), . . . . ' . Deposits in banks, on interest, . Deposits in banks,not on interest, Expense account, a .m . $274,800 900 87,000 2,500 344,950 402,300 66,900 7,661 2,347 939 00 00 00 00 00 00* Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . $1,104,029 87 38,000 00 36,168 15 12,099 83 00 82 03 00 $1,190,297 85 $1,190,297 85 * This amount has since been reduced within the legal limit. Cash on Deposit in Banks, amount in each : — Lincoln National Bank, B o s t o n ,............................................................... . Suffolk National Bank, Boston.............................................................................. Concord National Bank, Concord,........................................................................ Loan on Bank Stock : — On 10 shares Miller’s River National Bank, Athol, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,031 22 5,630 60 2,347 03 372 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 106 133 50 100 67 113 27 150 167 100 28 21 72 200 50 56 150 100 6 225 45 100 100 138 15 50 100 150 100 15 5 9 Par Value. f i o ,600 13,300 5,000 10,000 6,700 11,300 2,700 15,000 16,700 10,000 2,800 2,100 7,200 20,000 5,000 5,600 15,000 10,000 600 22,500 4,500 10,000 10,000 13,800 1,500 5,000 10,000 15,000 10,000 1,500 Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Central Nat’l Bank, Boston, . National City Bank, Boston, . Columbian N’l Bank, Boston, N’lB ’k of Commerce, Boston, Continental N’l Bank, Boston, National Eagle Bank, Boston, Eliot National Bank, Boston, Faneuil Hall N’l B’k, Boston, First National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, Lincoln Nat’l Bank, Boston, Market Nat’l Bank, Boston, . Merchants’ N’l Bank, Boston, N’l B’k of No. America, Boston, Old Boston N’l Bank, Boston, Nat’l Revere Bank, Boston, . Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston. Shoe & Leather N’ i B’k, Boston, State National Bank, Boston, Third National Bank, Boston, Traders’ Nat’l Bank, Boston, Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston, Concord Nat’l Bank, Concord, First N’l Bank, Marlborough, Framingham National Bank, Framingham, Old Lowell N’l Bank, Lowell, Estimated Market Value. f 11,872 16,226 6,750 9,500 8,107 14,464 3,294 15,450 21,877 14,400 6,776 2,646 8,640 22,000 5,700 5,600 21,600 12,200 714 27,900 7,875 13,000 9,400 16,698 1,560 4,750 11,300 15,000 14,000 1,500 Amount Invested. $10,600 00 00 13,300 00 00 5,000 00 00 10,000 00 00 6,700 00 00 11,300 00 00 2,700 00 00 15,000 00 00 16,700 00 00 10,000 00 00 2,800 00 00 2,100 00 00 7,200 00 00 20,000 00 00 5,000 00 00 5,600 00 00 15,000 00 00 10.000 00 00 600 00 00 22,500 00 00 4,500 00 00 10,000 00 00 10,000 00 00 13,800 00 00 1,500 00 00 5,000 00 00 10,000 00 00 15,000 00 00 00 . 10,000 00 1,500 00 00 750 00 1,125 00 500 00 900 00 f274,800 $332,674 00 $274,800 00 500 900 Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 4|s, Fitchburg R.R. 5s, . Eastern R.R. 6s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . X . . . Estimated Market Value. $20,000 25.000 42.000 $20,800 00 27,000 00 52,500 00 $20,000 00 25.000 00 42.000 00* $87,000 $100,300 00 $87,000 00 — *A Amount Invested. legal investment when made. 373 PU B L IC D O C U M E N T — No. 8. 1890.] Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. $5,630 2,031 32,900 25,000 60 22 00 00 Amount. Eate. Amount. $95,000 55,000 254,200 22,500 2 per cent. H “ 4 “ 41 “ 00 00 00 00 Kate. 4J per cent. 4| “ 5 “ 5| Rate. Amount. $32,800 283,900 12,300 1,450 5£ per cent. 6 “ 6h “ 7 00 00 00 00 $2,500 00 Value, by books, of real estate, held by foreclosure or otherwise, 2,800 00 Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each, 131 185',650 00 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real e s t a t e , ............................................. 138 2,500 00 Amount of investments from which no income is received.............................. Gross amount of interest or profits received or earned, as per books, during 68,169 11 year ending Oct. 31, 1889..................................................................................... Rate and amount of each semi-annual dividend during the ) 2 per cent., f 20,389 51 20,759 14 year ending Oct. 31, 1 8 8 9 ,......................................................>2 per centTimes for the dividends fixed by the by-laws : first Tuesday in June and December. Number of accounts opened during the year ending Oct. 31, 1889, . 357 Number of accounts closed during the year ending Oct. 31, 1889, . 275 Total number of open accounts Oct. 31, 1889.................................... 3,513 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of 3,261 70 ta xe s),..................................................................................................................... Amount of deposits, not including dividends, received during the year end 154,473 71 ing Oct. 31, 1 8 8 9 , .......................................................................................... Number of s a m e ,.................................................................................1,988 Amount of withdrawals, including dividends, during the year ending Oct. 166,222 46 31, 1889.................................................................................................................... Number of s a m e , .................................................................................1,692 Date of examination by commissioner: August 6. 1 Glassification o f Deposits received during the Year ending Oct. 31, 1 889. Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. 1,329 $28,749 62 352 29,859 91 not not 148 22,644 83 118 41,523 81 29 12 19,525 54 12,170 00 1,988 $154,473 71 not less ber. To the credit — O f women, both adult and minor, O f guardians, Of religious and char itable associations, . In trust, . . . . Amount. 972 8 $72,224 62 1,471 40 16 123 1,048 47 17,428 69 374 B A N K COM M ISSIO N ERS’ R E P O R T . Co m m o n w ea lth of [Jan. M assach u setts. M id d l e s e x , ss ., N ov . 25, 1889. Personally appeared George Hey wood, Treasurer of the Middlesex Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the an swers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C h a r l e s E . B r o w n , Justice o f the Peace. M id d l e s e x , ss ., N ov . 25, 1889. Personally appeared George M. Brooks, President, and Samuel Staples, Henry J. Hosmer, Lorenzo Eaton, Edward C. Damon and Nathan B. Stow, trustees of said cor poration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C h a r l e s E. B r o w n , Justice o f the Peace. 1890.] 375 P U B L IC DO CU M EN T — No. 8 M ILFOR D S A V IN G S B A N K — M ILFO R D . Incorporated April 24, 1851. Present number of corporators, 37. J o h n P. D a n ie l s , President. , J a m e s E. W J a m e s E. W a l k e r , Clerk o f the Corporation. alker, Treasurer. Names of committee charged with the investment of its funds: C h a s . F. C l a f l i n , A. A. T a f t , Joh n P . D a n ie l s . Open for business every business day, except Saturday, 9 p . m . ; Saturday, 9 a .m . to 12 m . B a l a n c e S h e e t , O ctober A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security. Loans to counties, cities or towns (notes)........................................ Deposits in banks, on interest, . Deposits in banks, not on interest, a .m . to 12 m ., 1.30 to 3.30 31,1889. L ia b il it ie s . $153,500 169,878 8,230 99.000 00 99 00 00 25.000 300 390,581 437,150 00 00 43 00 Deposits, . Guaranty fund, Profit and loss ac count, . $1,327,401 51 29,781 85 11,389 23 20,500 00 54,136 86 10,295 31 $1,368,572 59 $1,368,572 59 Cash on Deposit in Banks, amount in each: — Milford National Bank, M ilf o r d ,........................................................................$38,295 31 Manufacturers’ National Bank, B o s t o n , ...................................................... 139 16 •National Bank of Redemption, Boston,............................................................... 25,997 70 Loans on Bank Stock, amount on each: — On 15 shares Home National Bank, M i l f o r d , .................................................... $1,200 On 10 shares Home National Bank, M i l f o r d , ............................................. 1,000 On 2 shares Milford National Bank, M i l f o r d , ............................................. 180 On 100 shares Milford National Bank, M i l f o r d ,............................................ 5,000 On 5 shares Milford National Bank, M i l f o r d , ............................................. 500 On 4 shares Milford National Bank, M i l f o r d , ............................................. 350 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 00 00 00 00 00 00 376 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan Detailed Statement o f Publie Funds. Par Value. City of Cleveland, Ohio, 4s, . of Dayton, Ohio, 4s, Town of Framingham, Mass., 4s, . of Maynard, Mass., 4s, . of Milford, Mass., 6s, . of Milford, Mass., 5s, . City of Portland, Me , 6s, of Providence, R. I., 5s, . United States 4s, Town of Weymouth, Mass., 4s, $14,000 15.000 20.000 20,000 10,000 36.000 2,000 10.000 16,500 10,000 $153,500 *A Estimated Market Value. $14,530 15,900 21,500 21,800 11,650 38,160 2,520 12,150 20,955 10,950 00 00 00 00 00 00 00 00 00 00 $170,115 00 Amount Invested. $14,000 15.000 20.000 20,000 10,000 36.000 2,000 10.000 16,500 10,000 00 00 00 00 00 00 00* 00 00 00 $153,500 00 legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 50 10 23 7 150 25 48 40 5 25 100 110 30 47 7 100 2 40 42 78 100 27 75 258 Par Value. $5,000 Atlas National Bank, Boston, . 1,000 Atlantic Nat’l Bank, Boston, . 2,300 Blackstone N’l Bank, Boston, 700 Boylston Nat’l Bank, Boston, 15,000 Central Nat’l Bank, Boston, . 2,500 Continental N’l Bank, Boston, 4,800 Eliot National Bank, Boston,. 4,000 Freeman’s Niit’l Bank, Boston, 500 Nat’l Eagle Bank, Boston, 2,500 Nat’l Exchange Bank, Boston, . 10,000 N’l Hide & Leather B’k,Boston, 11,000 N’l B’k of Redemption, Boston, 3,000 Nat’l Revere Bank, Boston, . 4,700 Nat’l Union Bank, Boston, 700 Nat’l Webster Bank, Boston, ' 10,000 Shawmut Nat’l Bank, Boston, 200 Shoe & Leather N’l B’k, Boston, 4,000 Washington N’l Bank, Boston, 4,200 Howard Nat’l Bank, Boston, . 7,800 North National Bank, Boston, 10,000 Home Nat’l Bank, Brockton,. 2,700 Ilopkinton N’l B’k, Ilopkinton, 7,500 Home Nat’l Bank, Milford, . 25,800 Milford Nat’l Bank, Milford, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $139,900 Estimated Market Value. $5,912 1,422 2,593 966 20,287 3,062 6,312 4,150 515 3,187 12,000 14,795 3,720 6,721 700 13,000 188 5,020 4,620 10,842 13,000 2,700 10,125 36,120 50 50 25 00 50 50 00 00 00 50 00 00 00 00 00 00 50 00 00 00 00 00 00 00 Amount Invested. $6,500 1,530 2,300 1,070 22,000 2,955 5,682 5,360 588 3,581 10,659 15,655 3,000 7,496 700 12,057 274 5,505 4,496 10,766 10,000 2,700 7,500 27,500 00 00 00 12 00 25 99 00 75 25 50 00 00 50 00 50 50 00 00 63 00 00 00 00 $181,960 25 $169,878 99 377 P U B L IC D O CU M EN T — No. 8. 1890.] Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 6s, Boston & Albany R R. 7s, Boston & Maine R .R. 7 s ,. Boston & Maine R.R. 4 s ,. Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . Old Colony R.R. 7s,. Old Colony R.R. 6s,. Portland & Ogdensburg R.R. 6s,' . $7,000 3,C00 12,000 10,000 15.000 15.000 20,600 2,000 15.000 Estimated Amount Invested. Market Value. $7,945 3,270 13,470 10,800 16,500 14,625 22,800 2,330 18,000 00 00 00 00 00 00 00 00 00 $99,000 $109,740 00 $7,000 3.000 12,000 10,000 15.000 15.000 20.000 2.000 15,000 00 00 00 00 00 00 00 00 00 $99,000 00 Total Amount o f Loans with Each Specified Rate of Interest, including Deposits in Banks on Interest. Amount. $139 53,997 50.000 25.000 25.000 Kate. 16 70 00 00 00 24 per cent. 3 4 H “ “ 4f “ Kate. Amount. $209,800 118,000 273,597 40,150 00 00 00 00 44 per cent. 4| 5 54 “ “ “ Kate. Amount. $102,022 3,987 8,655 250 43 00 00 00 6 per cent. 64 “ 7 “ 8 “ Amount invested in real estate for banking purposes, . . . . . $25,000 00 Estimated value of the s a m e ,................................................................................ 25,000 00 23,000 00 Assessed value of the s a m e , ............................................................................... Net income received from same during year ending Oct. 31, 1889, . . 1,105 25 Value, by books, of other real estate, held by foreclosure or otherwise, . 300 00 Assessed value of the s a m e ,................................................................................. 000 00 Number of loans which are of an amount not exceeding $3,000 each, 270 Aggregate amount of the s a m e , ........................................................................ 273,561 43 Total number of loans upon real estate,..................................................... 279 Amount of investments from which no income is received, . . . . 300 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ 66,767 13 Rate and amount of each semi-annual dividend during the 1 2 per cent., ( 23,609 31 year ending Oct. 31, 1889, . . . . . . . 1 2 per cent., 1 24,566 33 Times for the dividends fixed by the by-laws: second Saturday in April and October. Number of accounts opened during the year ending Oct. 31, 1889, . 739 Number of accounts closed during the year ending Oct. 31, 1889, . 477 . . . . 4,435 Total number of open accounts Oct. 31, 1889, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 378 B A N K CO M M ISSIO N ERS’ R E P O R T . Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , .......................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,.................................................................................................. Number of s a m e , ................................................................................ 4,194 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ Number of same.......................................................................................2,863 Date of examination by commissioner : January 10. [Jan $3,225 32 296,035 86 237,447 48 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 2,959 $61,884 81 656 55,647 80 303 47,926 68 203 71,286 50 47 26 33,290 07 26,000 00 4,194 $296,035 86 ber. To the credit — O f women, both adult and minor, . O f guardians, O f religious and char itable associations, . In trust................................ not not not Amount. 1,953 9 $142,416 64 1,205 00 79 93 3,604 41 11,544 56 less Com m onw ealth of M assach u setts. W o r c e s t e r , ss ., N ov . 11, 1889. Personally appeared James E. Walker, Treasurer of the Milford Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, L e w is H a y d e n , Justice o f the Peace. W o r c e s t e r , ss ., N ov . 11, 1889. Personally appeared John P. Daniels, President, and C. F. Claflin, Andrew J. Sum ner, Augustus Wheeler, Amariah A. Taft and Jesse A. Taft, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, L e w is H a y d e n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 379 P U B L IC D O CU M EN T — No. M IL L B U R Y S A V IN G S B A N K — M IL L B U R Y . Incorporated 1854. L evi L. W h it n e y , Present number of corporators, 50. President. D a v id A tw o o d , Treasurer. A mos A n ms b y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : L e v i L . W h it n e y , I r a N. G o d d a r d , C h a s . D. M o r s e , R oyal T h a y e b , J o h n G e g e n h e im e r , D a v id T. M a r c h . Open for business every business day, except Saturday, 9 9 a . m . to 12 M. B a l a n c e Sh e e t , O c to ber to 3 p . m .; Saturday, 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking purp o s e s ) , .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Loans on depositors’ books, Deposit in bank, on interest, Expense account, Premium account, Insurance account, Suspense account, , Cash on hand, . . . . a .m . $51,000 141,300 12,000 91,000 00 00 00 00 18,000 7,481 205,670 134,976 00 95 00 25 73,900 200 35,966 435 7,000 561 430 629 00 00 57 38 00 66 90 95 $738,559 56 19,300 00 19,818 10 Deposits, . Guaranty fund, Interest account, Profit and loss account, . 2,875 00 $780,552 66 $780,552 66 Cash on Deposit in Bank : — Millbury National Bank, Millbury, . $35,966 57 Loans on Bank Stock, amount on each: — On 25 shares Millbury National Bank, Millbury, . On 60 shares Spencer National Bank, Spencer, On 25 shares Leicester National Bank, Leicester,. On 20 shares Lincoln National Bank, Boston, On 4 shares City National Bank, Worcester, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,000 00 j- 10,000 00 •J 380 B A N K CO M M ISSIO N ERS’ R E P O R T [Jan Detailed Statement o f Public Funds. Par Value. City of Lawrence, Mass., 6s, . Town of Westborough, Mass., 5s, . of Hopkinton, Mass., 4s, of Clinton, Mass., 4s, City of Columbus, Ohio, 4s, . Town of Spencer, Mass., 4s, . City of South Norwalk, Conn., 6s, . $3,000 3.000 6.000 4,000 10,000 15.000 10.000 $51,000 Estimated Market Value. $3,375 3,600 6,240 4,080 10,500 15,300 11,250 00 00 00 00 00 00 00 $54,345 00 Amount Invested. $3,000 3.000 6.000 4,000 10,000 15.000 10.000 00 00 00 00 00 00 00 $51,000 00 No. of Shares. j Detailed Statement o f Bank Stocks. 50 63 49 20 100 50 42 25 25 25 23 57 15 100 12 50 40 ' 3 35 25 74 20 50 34 58 36 27 5 50 9 Par Value. Atlas National Bank, Boston, Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Continental N’l Bank, Boston, Eliot National Bank, Boston,. First Ward N’l Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, Manufacturers’ N’l B’k,Boston, Merchandise N’l B’k, Boston, Merchants’ N’l Bank, Boston, N’l B’k of Commerce, Boston, N’l B’k of No. America, Boston, N’l B’k of the Commonwealth, Boston, . . . . National Eagle Bank, Boston, N’l Hide-& Leather B’k, Boston, North National Bank, Boston, Old Boston N’l Bank, Boston, Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, Shoe &Leather N’l B’k, Boston, Suffolk Nat’l Bank, Boston, . State National Bank, Boston, Third National Bank, Boston, Traders’ Nat’l Bank, Boston, Central N’l Bank, Worcester, City Nat’l Bank, Worcester, . Citizens’ N’l Bank, Worcester, Quinsigamond Nat’l Bank, Worcester, . . . . Worcester N’l B’k, Worcester, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $5,000 6,300 4,900 2,000 10,000 5,000 4,200 2,500 2,500 2,500 2,300 5,700 1,500 $6,000 7,056 5,978 2,440 13,100 6,600 4,116 3,150 2,600 1,900 3,266 7,296 1,815 00 00 00 00 00 00 00 00 00 00 00 00 00 $5,000 6,300 4,900 2,000 10,000 5,000 4,200 2,500 2,500 2,500 2,300 5,700 1,500 00 00 00 00 00 00 00 00 00 00 00 00 00 10,000 1,200 5,000 4,000 300 3,500 2,500 7,400 2,000 5,000 3,400 5,800 3,600 2,700 500 16,900 1,236 6,000 5,560 354 6,125 3,250 6,956 2,300 6,050 3,553 5,800 5,220 3,834 625 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 10,000 1,200 5,000 4,000 300 3,500 2,500 7,400 2,000 5,000 3,400 5,800 3,600 2,700 500 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 5,000 900 6,100 00 1,332 00 5,000 00 900 00 1890.] 381 P U B L IC DOCU M ENT — No. 8. No. of Shares. Detailed Statement o f Bank Stocks— Concluded. Par Value. 40 First National Bank, Grafton, 25 Oxford Nat’l Bank, Oxford, . 3 Leicester N’l Bank, Leicester, 168 Millbury N’l Bank, Millbury, 5 Second N’l B’k, Norwich, Ct., $4,000 2,500 300 16,800 500 Estimated Market Value. $5,000 2,875 390 19,824 625 Amount Invested. 00 00 00 00 00 $4,000 2,500 300 16,800 500 00 00 00 00 00 $141,300 $175,226 00 $141,300 00 Detailed Statement o f Railroad Bonds. Par Value. Providence & Worcester R.R. 6s, . Vermont & Massachusetts R.R. 5s,. Nashua & Rochester R.R. 5s, . Boston & Lowell R.R. 7s, Boston & Albany R.R. 6s, Conn. & Passumpsic Rivers R.R. 7s, Boston & Maine R.R. 7s, . Boston & Albany R.R. 7s, Fitchburg R.R. 4|s, . . . . Boston, Barre & Gardner R.R. 5s, . Estimated Market Value. Amount Invested. $20,000 10,000 4,000 10,000 « 6,000 12,000 5,000 10,000 10,000 4,000 $23,000 11,100 4,180 10,700 6,690 13,200 5,450 10,750 10,050 4,120 00 00 00 00 00 00 00 00 00 00 $20,000 00 10,000 00 4,000 00 10,000 00 6,000 00 12,000 00 5,000 00 10,000 00 10,000 00 4,000 00 $91,000 $99,240 00 $91,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $5,966 57 30,000 00 73,500 00 Bate. 2 per cent. 3 “ 4 “ Amount. $29,400 00 59,500 00 23,976 25 Kate. 4| per cent. 4è “ 4| Amount. $26,900 00 213,470 00 Amount invested in real estate for banking purposes, Estimated value of the s a m e , ............................................................... Assessed value of the s a m e ,......................................................• Net income received from same during year ending Oct. .31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,........................................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Kate. 5 per cent. 6 « $18,000 18,000 11,620 516 7,481 14,645 00 00 00 17 95 00 382 [Jan. B A N K CO M M ISSIO N ERS’ R E P O R T . Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 163 Aggregate amount of the same, . ...................................................... Total number of loans upon real e s t a t e , ............................................. 169 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. Rate and amount of each semi-annual dividend during the f 2 per cent., j year ending Oct. 31, 1 8 8 9 ,......................................................t 2 per cent., 1 Times for the dividends fixed by the by-laws: second Monday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 228 Number of accounts closed during the year ending Oct. 31, 1889, . 197 Total number of open accounts Oct. 31, 1889..................................... 1,793 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes), . ................................................................................. Amount of deposits, not including] dividends, received during the year ending Oct. 31, 1 8 8 9 , ......................................................................................... Number of s a m e , .......................................................................................... 1,348 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ Number of same, . . . » ......................................................... 967 Date of examination by commissioner: January 21. $408 61 137,445 00 5,800 00 40,573 53 13,844 11 13,978 44 1,321 46 105,063 94 107,104 87 Glassification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Amount. Num # 978 $19,352 25 188 15,701 18 65 10,224 10 78 26,800 59 21 18 14,651 49 18,334 33 1,348 $105,063 94 Com m onw ealth ber. To the credit — Of women, both adult and minor, O f guardians, Of religious and charitable associations, . In trust................................ of Amount. 673 7 $46,040 50 2,767 51 74 14 3,433 82 2,701 31 M a s sa c h u s e t t s . W o r c e s t e r , ss ., N ov . 15, 1889. Personally appeared David Atwood, Treasurer of the Millbury Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, H. W . A i k e n , Justice o f the Peace. W o rcester, ss., Nov. 15, 1889. Personally appeared Levi L. Whitney, President, and Ira N. Goddard, Chas. D. Morse, John Gegenheimer, Thos. A. Winter and Amos Armsby, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. H. W . A i k e n , Justice o f the Peace. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 383 P U B L IC D O CU M EN T — No. 8. M IN E R S 3 S A V IN G S B A N K — W E S T Incorporated Feb. 28, 1872. STO CK B R ID G E. Present number of corporators, 31. W . M. K n i f f i n , President. W . C. S p a u l d i n g , Treasurer. W . C. S p a u l d i n g , Clerk o f the Corporation. Names of committee charged with the investment of its funds: C. W . K n i f f i n , H . F . T h om pson, C. H . F u a b e y , W. T . S. H e a t h , C. S p a u l d in g . Open for business Monday and Friday, 9 a .m B alance Sheet , O ctober A ssets. . to 12 m ., 1 to 3 p . m . 31, 1889. L ia b il it ie s . Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans on depositors’ books, Deposit in bank, not on interest, $19,042 10,365 19,430 45,121 10,150 200 1,283 50 50 00 71 00 00 88 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $101,397 62 2,147 33 1,370 37 678 27 $105,593 59 $105,593 59 Cash on Deposit in Bank : — Housatonic National Bank, S t o c k b r id g e ,......................................................$1,283 88 Detailed Statement o f Public Funds. Estimated Market Value. Amount Invested. $11,000 6,000 $13,970 00 6,558 50 $12,067 50 6,975 00 $17,000 $20,528 50 $19,042 50 Par Value. United States 4s, City of Providence, R. 1 , 5s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ■384 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan No. of Shares. Detailed Statement o f Bank Stocks. Par Value. 10 National Mahaiwe Bank, Great Barrington,. . . . 20 City Nat’l Bank, Holyoke, . 5 Lee National Bank, Lee, 15 Berkshire N’l B’k, No. Adams, 13 Pittsfield N’l Bank, Pittsfield, 14 Housatonic National Bank, Stockbridge, $1,000 2,000 500 1,500 1,300 Estimated Market Value. $1,457 2,240 700 1,575 2,080 Amount Invested. 50 00 00 00 00 $1,457 2,240 700 1,840 2,028 50 00 00 00 00 1,400 2,520 00 2,100 00 $7,700 $10,572 50 $10,365 50 Detailed Statement o f Railroad Bonds. Par Value. Vermont & Massachusetts B.R. 5s, Old Colony R.R. 7s, Boston & Lowell R.R. 7s, Boston & Lowell R.R. 4s, Boston & Maine R.R. 7s,. $6,000 2,000 4.000 2.000 3,000 $17,000 Estimated Market Value. $6,511 2,273 4,360 2,042 3,225 Amount Invested. 50 25 00 12 00 $ 18,411 87 $6,720 2,490 4,720 2,050 3,450 00 00 00 00 00 $19,430 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $41,471 71 Rate. 5 per cent. Amount. $14,000 00 Rate. 6 per cent. Amount. - Number of loans which are of an amount not exceeding $3,000 each, 51 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,......................................................42 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the 1 2 per cent., j year ending Oct. 31, 1 8 8 9 , .............................................■ ) 2 per cent., 1 Times for the dividends fixed by the by-laws: first Wednesday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 55 Number of accounts closed during the year ending Oct. 31, 1889, . 36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rate. $30,271 71 1,840 00 4,530 64 1,790 50 1,819 66 1890.] PU B L IC DO CU M EN T — No. 8. 385 Total number of open accounts Oct. 31, 1 8 8 9 , .................................... 337 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)....................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ........................................................................................ 278 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889, . ‘ .......................................................................................................... Number of same, . ................................................................................222 Date of examination by commissioner: July 19. $424 29 19,945 40 15,561 71 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Numher. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $ 1 ,0 0 0 , . O f $1,000 or more, . Amount. ber. 196 $4,216 13 40 3,151 09 22 3,767 05 16 5,661 13 3 1 2,150 00 1,000 00 278 $19,945 40 not not not To the credit — Of women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust, . . . . less Co m m o n w e a l t h of Amount. 91 2 $6,176 86 680 00 2 1 85 00 55 00 M a s sa c h u s e t t s . B e r k s h ir e , ss ., N ov . 18, 1889. Personally appeared W m . C. Spaulding, Treasurer of the Miners’ Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, H. F. T h o m p so n , Justice o f the Peace. B e r k s h ir e , ss ., N ov . 18, 1889. Personally appeared W m. M. Kniffin, President, and Chas. W . Kniffin, Théo. S. Heath, O. P. Leavitt, Chas. E. Bostwick, Gorton H. Race and H. M. Truesdall, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, H. F. T h o m pso n , Justice o f the Peace. 386 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. M ON SO N S A V IN G S B A N K -M C N S C N . Incorporated 1872. Present number of corporators, 24. I t . S. M u n n , President. E . F . M o r r i s , Treasurer. E . F . M o r r i s , Clerk o f the Corporation. Names of committee charged with the investment of its funds : It. S. M u n n , C. W . H o l m e s , Jr., F. E. M o r r is , S. F. C u s h m a n . Open for business every business day, 9 a .m . to 12 m ., 1 to 4 p . m . B alance Sheet , October 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking pur poses), .................................... Loans on real estate,. Loans on personal security, Loans to counties, cities ortowns (n o te s ),.................................... Deposits in banks, on interest, . Expense account, Cash on hand, . . . . $23,000 41,400 8,670 50.000 00 00 38 00 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, $626,825 14 24,500 00 17,976 25 1,884 45 2,640 25 408,565 00 31.000 00 15.000 83,146 40 7,723 00 48 08 65 $671,185 84 $671,185 84 Cash on Deposit in Banks, amount in each : — • Third National Bank, Springfield,....................................................................... $15,000 00 Chicopee National Bank, Springfield,............................................................... 15,000 City National Bank, Springfield,........................................................................ 10,000 Agawam National Bank, Springfield, ............................................................... 10,000 Springfield Safe Deposit and Trust Company, Springfield, . . . . 13,146 Home National Bank, H o ly o k e ,....................................................................... 10,000 Holyoke National Bank, H o l y o k e , ............................................................... 10,000 00 00 00 48 00 00 Loans on Bank Stock, amount on each : — On 87 shares Monson National Bank, Monson, . On 10 shares Third National Bank, Springfield, . On 10 shares Palmer National Bank, Palmer, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $6,670 38 1,000 00 1,000 00 1890.] PU B L IC D O CU M EN T — No. 8. 387 Detailed Statement o f Public Funds. Estimated Market Value. Amount Invested. $13,000 10,000 $15,080 00 10,700 00 $13,000 00 10,000 00 $23,000 $25,780 00 $23,000 00 Par Value. City of Worcester, Mass., 5s, . Town of Westfield, Mass., 6s, No. of * Estimated Market Value. Par Value. Amount Invested. I Shares. Detailed Statement o f Bank Stocks. 20 20 20 25 25 25 40 30 15 11 10 10 10 5 5 2 25 70 20 20 3 North National Bank, Boston, National Eagle Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, NT B’k of Commerce, Boston, Eliot National Bank, Boston,. Suffolk National Bank, Boston, Merchants’ N’l Bank, Boston, Blackstone NT Bank, Boston, Nat’l Revere Bank, Boston, . Tremont Nat’l Bank, Boston, Nat’l Webster Bank, Boston,. N’l Hide &Leather B’k, Boston, Nat’l Exchange Bank, Boston, State National Bank, Boston,. Massachusetts NT B’k, Boston, City National Bank, Holyoke, Monson Nat’l Bank, Monson, First Nat’l Bank, Springfield, City Nat’l Bank, Springfield, Ware National Bank, Ware, . $2,000 2,000 2,000 2,500 2,500 2,500 4,000 3,000 1,500 1,100 1,000 1,000 1,000 500 500 500 2,500 7,000 2,000 2,000 300 $2,780 00 2,060 00 2,300 00 3,375 00 3,200 00 3,225 00 4,560 00 4,260 00 1,665 00 1,463 00 1,130 00 1,000 00 1,225 00 635 00 640 00 540 00 2,800 00 9,800 00 2,900 00 2,800 00 360 00 $2,000 00 2,000 00 2,000 00 2,500 00 2,500 00 2,500 00 4,000 00 3,000 00 1,500 00 1,100 00 1,000 00 1,000 00 1,000 00 500 00 500 00 500 00 2,500 00 7,000 00 2,000 00 2,000 00 300 00 $41,400 $52,718 00 $41,400 00 Detailed Statement o f Bailroad Bonds. Par Value. Eastern R.R. 6s, . . . Boston & Lowell R.R. 4s, Boston & Albany R.R. 7s, Boston & Maine R.R. 4s,. Boston & Providence R.R. 4s,. Fitchburg R.R. 4£s, . . . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 5,000 10,000 10,000 10,000 10,000 $50,000 *A Estimated Market Value. $6,300 5,250 10,800 10,800 10,900 10,100 00 00 00 00 00 00 $54,150 00 legal investment when made. Amount Invested. $5,000 5,000 10,000 10,000 10,000 10,000 00* 00 00 00 00 00 $50,000 -00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 389 PU B LIC DO CU M EN T — No. 8. Com m onw ealth of M assa ch u setts. H am pden, ss ., N ov . 7, 1889. Personally appeared Edward F. Morris, Treasurer of the Monson Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, F. E. M o r r is , Justice o f the Peace. H am pden, ss ., N ov . 7, 1889. Personally appeared R. S. Munn, President, and C. H. Merriek, C. W . Holmes, Jr., S. F. Cushman, C. H. McMaster, W m. S. Nichols and A. D. Norcross, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, F. E. M o r r is , Justice o f the Peace. 390 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. N A N T U C K E T IN S T IT U T IO N FOR S A V IN G S -N A N T U C K E T . Incorporated 1834. Present number of corporators, 39. T h a d d e u s C. D e f r i e z , President. G e o . H. B r o c k , Treasurer. G e o . H . B r o c k , Clerk o f the Corporation. Names of committee charged with the investment of its funds : T h a d d e u s C. D e f r i e z , D a v id F o l g e r , A n d r e w M . M y r ic k , A lmon T . M o w r y , H enry Paddock. Open for business every business da y, from April to November, 9 November to April, 10 a . m . to 1 p . m . a .m . to 1 p . m ; from B alance Sheet , October 31, 1889. A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loan on bank stock, . Railroad bonds as per schedule, Real estate^ (for banking pur poses), . ' . . . . Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Cash on hand, . . . . L ia b il it ie s . $44,000 300 11,100 200 47,500 00 00 00 00 00 4,000 14,000 239,773 8,360 20,945 1,088 649 411 00 00 36 00 93 10 35 53 Deposits, . Guaranty fund, Profit and loss ac count, . $392,328 27 $375,887 70 11,129 49 5,311 08 $392,328 27 Cash on Deposit in Banks, amount in each : — North National Bank, Boston.................................................................................$20,945 93 Pacific National Bank, N a n t u c k e t , ...................................................... ........ 1,088 10 Loan on Public Funds : — On $1,000 United States 4£s.................................................................................... $300 00 Loan on Bank Stock : — On 5 shares National Bank of Commerce, New Bedford, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . 00 1890.] PU B L IC D O C U M E N T — No. 8. 391 Detailed Statement o f Public Funds. Par Value. Town of Beverly, Mass., 4s, . City of Cleveland, Ohio, 6s, . of Detroit, Mich., 7s, of Fall River, Mass., 6s, . of Lawrence, Mass., 6s, . of Lowell, Mass , 6s, of New London, Conn., 7s, of East Saginaw, Mich., os, of East Saginaw, Mich., 4^s, . of Scranton, Pa , 6s, District of Columbia 6s, . $1,000 4.000 2.000 6,000 1,000 1,000 1,000 7.500 7,000 3.500 10,000 $44,000 Estimated Market Value. $1,060 4,480 2,495 7,560 1,105 Amount Invested. 00 00 00 00 00 00 00 00 00 00 00 $1,000 00 4.000 00 2.000 00 6,000 00 1,000 00 1,000 00 1,000 00 7.500 00 7,000 00 3.500 00 10,000 00 $49,597 00 $44,000 00 1,020 1,375 7,537 7,525 3,990 11,450 No. of Shares. Detailed Statement o f Bank Stocks. 20 19 10 10 10 10 8 10 14 Par Value. North Nat’l Bank, Boston, Lincoln Nat’l Bank, Boston, . Continental N’l B’k, Boston, . Old Boston N’l Bank, Boston, Boylston Nat’ l Bank, Boston, Columbian N’l Bank, Boston, Metropolitan N’l B’k, Boston, N’l B'k of No.America, Boston, N’l B’k of Commerce, New Bedford, . . ' . $2,000 1,900 Estimated Market Value. 1,000 00 50 00 00 00 00 00 1,220 00 $2,000 00 1,900 00 1,000 00 1,000 00 1,000 00 1,000 00 800 00 1,000 00 1,400 1,372 00 1,400 00 $11,100 $13,308 50 $11,100 00 1,000 1,000 1,000 1,000 800 $2,780 2,175 1,225 1,119 1,380 1,205 832 Amount Invested. Detailed Statement o f Railroad Bonds. Par Value. Conn. & Passumpsic Rivers R.R. 7s, Fitchburg R.R. 6s, . Fitchburg R.R. 4*s............................ Old Colony R R. 7s, Old Colony R.R 6s, . . . Boston & Lowell R.R. 6s, Boston & Lowell R R. 5s, Boston & Lowrell R.R. 4s, Boston, Winthrop & Shore R.R. 5s, Boston & Maine R.R. 7 s ,. Boston & Albany R R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,000 Estimated Market Value. Amount Invested. 4,500 3,000 $1,095 00 2,220 00 5,000 00 1,130 00 5,750 00 4,540 00 1,050 00 15,750 00 6,600 00 5,040 00 3,345 00 15,000 00 6.000 00 4,500 00 3,000 00 $47,500 $51,520 00 $47,500 00 2,000 5.000 1 .0 0 0 5.000 4.000 1.000 15,000 6,000 $1,000 00 2,000 00 5.000 00 1.000 00 5.000 00 4.000 00 1 .0 0 0 o c 392 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $20,945 93 88,722 50 Kate. 2 per cent. 5 Amount. Kate. Amount. Rate. $42,550 00 98,157 61 5£ per cent. 6 $18,643 25 560 00 6^ per cent. 7 Amount invested in real estate for banking purposes,.................................... Estimated value of the sam e,................................................................................ Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, Value, by books, of other real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each,. 110 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................135 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the ) 2 per cent., f year ending Oct. 31, 1 8 8 9 ,......................................................I 2 per cent., 1 Times for the dividends fixed by the by-laws: second Monday in January and July. Number of accounts opened during the year ending Oct. 31, 1889, . 126 Number of accounts closed during the year ending Oct. 31, 1889, . 119 Total number of open accounts Oct. 31, 1889, . . . . 1,197 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes)....................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ........................................................................................ 760 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... Number of s a m e , ........................................................................................ 903 Date of examination by commissioner: July 26. $4,000 5,000 4,500 226 14,000 18,400 682 00 00 00 00 00 00 38 106,373 36 22,532 54 6,773 63 7,025 08 1,911 95 61,212 01 58,744 62 Classification o f Deposits received during the Year ending Oct. 31, 1889. Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 522 $9,670 65 106 8,825 56 65 10,148 92 47 16,041 02 11 9 7,525 86 9,000 00 760 $61,212 01 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust................................ Amount. 429 5 $24,421 24 512 96 24 18 1,670 64 2,014 00 1890.] P U B L IC DO CU M EN T — No. 8. C o m m o n w ealt h N an tu c k et , ss . of 393 M assach u setts . N a n tu c k e t , N ov . 18, 1889. Personally appeared Geo. H. Brock, Treasurer of the Nantucket Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, N a n tu c k e t , ss . J o s ia h F. M u r p h y , Justice o f the Peace. N a n t u c k e t , N ov. 18, 1889. Personally appeared Thaddeus C. Defj-iez, President, and David Folger, Andrew M. Myrick, Almon T. Mowry, Josiah C. Brock and David Parker, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, B e n j a m i n F. B r o w n , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 394 B A N K CO M M ISSIO N ERS’ R E PO R T. [Jan. N A T IC K F IV E CENTS S A V IN G S B A N K — N A T IC K . Incorporated 1859. John 0 . W Present number of corporators, 43. President. F r e d e r ic k 0 . B aston , Treasurer. F r e d e r ic k 0 . B aston , Clerk o f the Corporation. ilson , Names of committee charged with the investment of its funds: L eonard W in c h , W il l ia m N utt , F. H . H ayes, J ohn L. W oodman , F rancis B ig e l o w , F r e d e r ic k 0 . B asto n . Open for business every business day, 9 a .m . to 3 p . m . B alance Sheet , October 31, 1889. A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Loans on bank stock, . Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o t e s ) ,.................................... Loans on depositors’ books, Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Furniture and fixtures, Cash on hand, . . . . L ia b il it ie s . $67,000 910 106,527 23,125 79,000 582,843 20,377 00 00 00 00 00 55 00 65,500 550 46,000 15,370 3,623 404 9,579 00 00 00 82 17 50 55 $1,020,810 59 Deposits, . Guaranty fund, Profit and loss account, $958,101 26 38,405 93 24,303 40 $1,020,810 59 Cash on Deposit in Banks, amount in each : — Wachusett National Bank, F itch bu rg,.............................................................. $20,000 00 North National Bank, B o s t o n , ....................................................................... 11,000 00 Natick National Bank, N a t i c k , ....................................................................... 30,370 82 Loan on Public Funds : — On $1,600 United States 4 s , ............................................................................... $910 00 Loans on Bank Stock, amount on each : — On On On On 40 shares Natick National Bank, Natick, 50 shares Natick National Bank, Natick, 5 shares Natick National Bank, Natick, . 150 shares First National Bank, Chelsea, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $4,000 5,000 125 14,000 00 00 00 00 1890.] 395 P U B L IC DO CU M EN T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Boston, Mass., 4s, of Worcester, Mass., 4|s, . of Fall River, Mass., 5s, . Town of Brookline, Mass., 7 s,. of Brookline, Mass., 4 s,. City of Cambridge, Mass., 6 s,. Town of Beverly, Mass., 4s, . Estimated Market Value. Amount Invested. $10,000 3,000 16,000 10,000 14,000 4,000 10,000 $10,900 3,360 19,280 12,400 14,000 5,160 10,600 00 00 00 00 00 00 00 $10,000 00 3,000 00 16,000 00 10,000 00 14,000'00 4,000 00 10,000 00 $67,000 $75,700 00 $67,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 26 115 7 27 13 46 21 5 33 19 70 15 32 17 55 62 32 46 10 15 120 20 4 51 14 30 10 7 4 37 Par Value. Atlas National Bank, Boston, Boston Nat’l Bank, Boston, . Boylston Natl Bank, Boston, Central N atl Bank, Boston, . Columbian N’l Bank, Boston, N1 B’k of Commerce, Boston, N1 B’k of the Commonwealth, Boston, . . . . Continental N’l Bank, Boston, Dedham N atl Bank, Dedham, Eliot National Bank, Boston,. Everett Natl Bank, Boston, . N atl Exchange Bank, Boston, First National Bank, Chelsea, Framingham National Bank, Framingham, Home Natl Bank, Brockton, . Howard Natl Bank, Boston, . Merchandise N’l Bank, Boston, Merchants’ N’l Bank, Boston, Metropolitan N ! B’k, Boston, Monument N’l Bank, Boston, Natick Nat’l Bank, Natick, . Newton Nat’l Bank,»Newton,. North National Bank, Boston, N’l B’k of No. America, Boston, N’l B’k of Redemption, Boston, N’l B’k of the Republic,Boston, Second Nat’l Bank, Boston, . State Nat’l Bank, Boston, Traders’ Nat’l Bank, Boston,. WachusettN’l B’k, Fitchburg, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $2,600 11,500 700 2,700 1,300 4,600 $3,068 14,030 966 3,672 1,573 5,888 00 00 00 00 00 00 $3,180 11,500 845 2,693 1,855 5,684 00 00 25 00 75 50 2,100 500 3,300 1,900 7,000 1,500 3,200 3,528 610 3,762 2,489 7,210 1,905 4,192 00 00 00 00 00 00 00 2,654 581 3,300 2,300 7,000 1,500 3,976 75 25 00 00 00 00 00 1,700 5,500 6,200 3,200 4,600 1,000 1,500 12,000 2,000 400 5,100 1,400 3,000 1,000 700 400 3,700 2,635 7,150 6,820 2,080 6,624 1,040 3,300 16,200 1,880 556 6,222 1,876 5,010 1,740 847 376 7,400 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 1,700 5,500 6,200 3,200 6,393 1,020 2,775 12,000 2,000 516 5,100 2,135 3,825 1,560 771 400 4,360 00 00 00 00 75 00 00 00 00 00 00 00 00 00 75 00 00 $96,300 $124,649 00 $106,527 00 396 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Albany R.R. 7s, Old Colony R.R. 6 s,. Old Colony R.R. 4s, . . . . Fitchburg R.R. 5s, . Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Vermont & Massachusetts R.R. 5s, Bostoif & Lowell R.R. 4s, Dexter & Piscataquis R.R. 4 s,. Estimated Market Value. Amount Invested. $5,000 4,000 5,000 25,000 $5,350 4,560 5,400 25,800 00 00 00 00 $5,000 4,000 5,000 25,000 00 00 00 00 5,000 10,000 15,000 10,000 5,580 10,700 15,600 10,000 00 00 00 00 5,000 10,000 15,000 10,000 00 00 00 00 $79,000 $82,990 00 $79,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Kate. $11,000 00 15,000 00 89,500 00 2 per cent. H “ 4 \ Amount. $4,000 00 7.000 00 305,040 55 Rate. 4J per cent. 54 “ Rate. Amount. $34,950 00 243,550 00 29,265 00 5J per cent. 6 6h “ Number of loans which are of an amount not exceeding $3,000 each, . 316 Aggregate amount of the s a m e , ....................................................................... $331,305 Total number of loans upon real estate........................................................329 Amount of investments from which no income is received, . . . . 8,650 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 51,575 Rate and amount of each semi-annual dividend during the i 2 per cent., r 17,394 year ending Oct. 31, 1889..........................................................j 2 per cent., { 17,583 Times for the dividends fixed by the by-laws : first Saturday in May and November. Number of accounts opened during the year ending Oct. 31,1889, . 790 Number of accounts closed during the year ending Oct. 31, 1889, . 509 Total number of open accounts Oct. 31, 1889, . . . . 4,656 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,................................................................................................................... *5,216 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 259,949 Number of same................................................................................................4,493 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,................................................................................................................... 271,594 Number of s a m e , .........................................................................................2,943 Date of examination by commissioner: January 8. * This https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis sum includes $2,275, expense of furnishing new banking room. 55 00 63 37 59 09 58 69 1890.] 397 P U B L IC D O C U M E N T — No. 8. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, E xceeding.$50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $ L,000 or more, . Num Amount. 3,435 $60,499 30 595 48,831 37 233 36,229 20 149 50,983 07 55 26 37,331 64 26,075 00 4,493 $259,949 58 ber. To the credit — Of women, both adult and minor, O f guardians, O f religious and char itable associations, . In trust, . . . . not not not Amount. 1,876 8 $97,571 62 11,162 19 131 251 8,786 30 35,502 06 less C om m onw ealth of M assa ch u setts. M id d l e s e x , ss ., N ov . 14, 1889. Personally appeared Frederick 0 . Baston, Treasurer of the Natick Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and cor rect statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, Jam e s M cM an us, Justice o f the Peace. M id d l e s e x , ss ., N ov . 14, 1889. Personally appeared John 0 . Wilson, President, and Leonard Winch, William Nutt, Gilbert W . Howe, F. M. Boardman and F. E. Cummings, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, J a m e s M c M a n u s , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 398 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. N E W BEDFORD F IV E CENTS S A V IN G S B A N K — N E W BE DFORD . Incorporated 1855. Present number of corporators, 156. G eo . H o w l a n d , Jr., President. W m . H . P i t m a n , Treasurer. J a m e s T a y l o r , Clerk o f the Corporation. Names of committee charged with the investment of its funds : G e o r g e H o w l a n d , Jr., F r e d e r ic k S. A l l e n , T h o m a s W il c o x , L. S n o w , W il l i a m R . W i n g , T h o s. H . K n o w l e s, Open for business every business day, 9 a .m . O t is N. P i e r c e , P a r k m a n M. L u n d , G eo . F . K in g m a n . to 1 p . m . ; also Saturday, 7 to 9 p .m . B a l a n c e Sh e e t , O c to ber A ssets. 31, 1889. L ia b il it ie s . Public funds as per schedule, . $1,028,500 00 Bank stock as per schedule, 192,600 00 Loans on bank stock, 12,330 00 Railroad bonds as per schedule, 399,500 00 Loans on real estate, . 1,142,795 71 Loans on personal security, 1,458,738 00 Deposiis in banks, on interest, . 219,116 62 Deposits in banks, not on interest, 377 64 Expense account, 886 49 Cash on hand, . . . . 3,145 56 Deposits, . Guaranty fund, Interest account, Profit and loss ac count, . Discount account, . Surplus fund, . $4,279,563 55 111,032 48 3,713 08 2,999 40 14,535 52 46,147 99 $4,457,992 02 $4,457,992 02 Cash on Deposit in Banks, amount in each : — Third National Bank, Springfield,.................................... International Trust Company, Boston, . . . . National Bank of Redemption, Boston, Mechanics’ National Bank, New Bedford, . Merchants’ National Bank, New Bedford, . Citizens’ National Bank, New Bedford, National Bank of Commerce, New Bedford, First National Bank, New Bedford, . . . . . $10,674 133 2,447 1,290 71,385 81,923 1,395 50,246 25 00 59 19 77 14 68 64 Loans on Bank Stock, amount on each On 26 shares Citizens’ National Bank, New Bedford, . On 80 shares Citizens’ National Bank, New Bedford, . On 3 shares Merchants’ National Bank, New Bedford, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,800 00 8,000 00 30 00 1890.] On On On On 399 P U B L IC D O CU M EN T — No. 8. 12 shares Merchants’ National Bank, New Bedford, . . . .1 5 shares Mechanics’ National Bank, New Bedford, . . . •I 5 shares First National Bank, New Bedford,.............................................f 15 shares National Bank of Commerce, New Bedford, . . •j Detailed Statement o f Public Funds. Par Value. City of Bangor, Me., 6s, . of Boston, Mass., 4s, Of Charlestown, Mass., 6s, of Chelsea, Mass , 6s, of East Saginaw, Mich., 5s, of Fall River, Mass., os, . of Fall River, Mass., 6s, . of Grand Rapids, Mich., os, of Holyoke, Mass , 6s, of Lowell, Mass., 6s, Town of Middleborough, Mass., 4s, City of .New Bedford, Mass., 6s, of New Bedford, Mass., 8^s, . of New Haven, Conn., 3^s,. of Northampton, Mass., 6s, Town of No. Bridgewater, Mass., 6s, City of Norwich, Conn., 6s, of Salem, Mass., 6s, United States 6s, United States 4s, $66,000 10,000 25,000 15,000 37,500 17,000 73,000 50,000 50,000 25,000 74,500 47,000 80,000 50,000 83,000 8,000 13,000 25,000 175,000 104,500 Estimated Market Value. $75,240 10,900 25,250 15,900 41,250 20,740 93,440 59,000 61,000 25,500 75,990 54,755 80,000 50,000 85,790 8,080 15,210 25,750 216,830 132,715 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $66,000 10,000 25,000 15,000 37,500 17,000 73,000 50,000 50,000 25,000 74,500 47,000 80,000 50,000 83,000 8,000 13,<'00 25,000 175,000 104,500 00* 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $1,028,500 $1,173,340 00 $1,028,500 00 *A legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 25 100 120 100 20 25 100 523 313 300 200 100 Par Value. Merchandise N’l B’k, Boston, First National Bank, Boston, Nat’l Revere Bank, Boston, . Merchants’ N’l Bank, Boston, State National Bank, Boston, Tremont Nat’l Bank, Boston, Franklin Nat’l Bank, Franklin, Merchants’ Nat’l Bank, New Bedford, . . . . First N’l Bank, New Bedford, National Bank of Commerce, New Bedford, Citizens’ N’l B’k,New Bedford, Third Nat’l Bank,‘Springfield, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $2,500 10,000 12,000 10,000 2,000 2,500 10,000 $1,625 24,000 14,400 14,000 2,400 2,750 12,500 52,300 31,300 98,847 00 46,950 00 52,300 00 31,300 00 30,000 20,000 10,000 29,100 00 27,800 00 20,000 00 30,000 00 20,000 00 10,000 00 $192,600 $294,372 00 $192,600 00 0000 00 00 00 00 00 $2,500 10,000 12,000 10,000 2,000 2,500 10,000 00 00 00 00 00 00. 00 400 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R R. 4s, Boston & Albany R.R. 6s, Old Colony R.R. 6s, . . Old Colony R R. 7s, Boston & Maine R.R. 7 s,. Eastern R.R. 6s, . . . Fitchburg R.R. 4|s, . . . Fitchburg R R. 4s, . $89,000 10,000 45.000 20.000 15.000 52,500 118,000 50.000 . . Estimated Amount Invested. Market Value. $92,560 11,100 50,950 22,600 16,800 66,150 119,180 48,500 00 00 00 00 00 00 00 00 $89,000 10,000 45.000 20.000 15.000 52,500 118.000 50.000 00 00 00 00 00 00* 00 00 $399,500 $427,840 00 $399,500 00 * A legal investment when made. Total Amount o f Loans ivith Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $1,385 7,056 115,674 95,000 Eate. 77 60 25 00 2 per cent. •2k “ 3 H “ Amount. $280,690 250,000 973,410 480,250 Kate. 00 00 00 00 4 per cent. 44 “ 4i “ 4| “ Amount. $340,706 116,395 10,200 162,211 Kate. 89 00 00 82 5 per cent. 5i “ 5| “ 6 “ Number of loans which are of an amount not exceeding $3,000 each, . 225 • Aggregate amount of the s a m e , ........................................................................$231,845 78 Total number of loans upon real estate...................................................... 234 Amount of investments from which no income is received, . . . . 15,000 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................ 209,270 42 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 80,986 93 year ending Oct. 31, 1889......................................................... 1 2 per cent., 1 81,967 11 Times for the dividends fixed by the by-laws: second Wednesday in April and October. . Number of accounts opened during the year ending Oct. 31, 1889, 2,215 Number of accounts closed during the year ending Oct. 31, 1889, 1,886 Total number of open accounts Oct. 31, 1889, . . . . 16,081 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) ,................................................................................................................... 11,127 20 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889..................................................................................................... 749,860 04 Number of s a m e , ................................................................................14,539 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,................................................................................................................... 810,502 08 Number of same.......................................................................................9,350 Date of examination by commissioner: February 26. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] PU B L IC D O CU M EN T — No. 8. 401 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num ber. Amount. 12,204 $169,820 71 1,071 87,090 38 552 86,564 65 418 144,061 97 156 138 112,044 86 150,277 47 14,539 $749,860 04 Co m m o n w ea lth To the credit — O f women, both adult and minor, O f guardians, O f religious and charitable associations, . In trust, . . . . of Num ber. Amount. 6,646 43 $342,615 05 10,604 91 98 1,264 10,969 56 130,149 87 M assa ch u setts. B r is t o l , ss ., N ov . 16, 1889. Personally appeared W m. H. Pitman, Treasurer of the New Bedford Five Cents Sav ings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, D a n ie l B. L e o n a r d , Justice o f the Peace. B r is t o l , ss ., N ov . 16, 1889. Personally appeared Geo. Howland, Jr., President, and Frederick S. Allen, George F. Kingman, Thomas Wilcox, Otis N. Pierce and P. M. Lund, trustees of said corporation, and severally made affirmation and oath that the annexed report is correct, according to their best knowledge and belief. Before me, / https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis D a n ie l B. L e o n a r d , Justice o f the Peace. 402 B A N K C O M M ISSIO N E R S’ R E PO R T [Jan N E W BEDFORD IN S T IT U T IO N FOR S A V IN G S — N E W BED FO R D . Incorporated 1825. "W il l ia m W Present number of corporators, 118. President. C h a r l e s H . P e i r c e , Treasurer. W i l l i a m G. W o od , Clerk o f the Corporation. a t k in s , Names of committee charged with the investment of its funds J. R. T h o r n t o n , W m . W a t k in s , E d w a r d D. M a n d e l l , A n d r e w G P ie r c e , H o r a t io H a t h a w a y , G il b e r t A l l e n , E d w a r d S. T a b e r . Open for business every business day, 9 B alance Sh e e t , O cto ber a .m . to 1 p . m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . $2,550,600 00 Bank stock as per schedule, 1,388,860 00 Loans on bank stock, 40,600 00 1,184,000 00 Railroad bonds as per schedule, 80,000 00 Loans on railroad stock, . Railroad notes, . . . . 525,000 00 Real estate (for banking pur 30,000 00 poses), . . . . 5,000 00 Real estate by foreclosure, 1,602,734 00 Loans on real estate, . 3,769,642 00 Loans on personal security, Loans to counties, cities or towns 79,500 00 (notes)............................... 600 00 Loans on depositors’ books, 143,132 85 Deposits in banks, on interest, . Expense account, 537 19 20,875 48 Cash on hand................................ $11,421,081 52 Deposits, . Guaranty fund, Profit and loss ac count, Premium account, . $10,916,755 19 412,000 00 55,550 76 36,775 57 $11,421,081 52 Cash on Deposit in Banks, amount in each : — Merchants’ National Bank, New B e d f o r d ,..................................................... $7,112 91 First National Bank, New B e d f o r d , ..............................................................7,718 77 National Bank of Commerce, New Bedford,..................................................... 80,781 Mechanics’ National Bank, New B e d f o r d ,..................................................... 7,267 Citizens’ National Bank, New Bedford,............................................................... 6,660 National Revere Bank, B o s t o n , ....................................................................... 28,600 National Bank of Redemption, Boston,.............................................................. 4,990 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 83 91 79 54 10 1890.] 403 P U B L IC D O CU M EN T — No. 8 Loans on Bank Stock, amount on each : — On 12 shares Merchants’ National Bank, New Bedford, On 91 shares First National Bank, New Bedford, On 70 shares Third National Bank, Springfield, . On 100 shares First National Bank, North Easton, On 20 shares Citizens’ National Bank, New Bedford, . On 5 shares Citizens’ National Bank, New Bedford, . On 7 shares Mechanics’ National Bank, New Bedford, On 15 shares Mechanics’ National Bank, New Bedford, On 9 shares First National Bank, New Bedford, . On 22 shares National Bank of Commerce, New Bedford, On 3 shares National Bank of Commerce, New Bedford, On 6 shares Shawmut National Bank, Boston, On 8 shares Second National Bank, Boston, On 12 shares Falmouth National Bank, Falmouth, On 3 shares First National Bank, Yarmouth, On 25 shares Falmouth National Bank, Falmouth, On 10 shares National Bank of Commerce, New Bedford, On 10 shares Mechanics’ National Bank, New Bedford, On 6 shares Mechanics’ National Bank, New Bedford, On 9 shares Merchants’ National Bank, New Bedford, On 10 shares Citizens’ National Bank, New Bedford, . On 3 shares First National Bank, New Bedford, . On 3 shares National Bank of Commerce, New Bedford, $ 1,200 00 7,500 00 7.000 00 10,000 00 2.000 00 100 00 500 00 4,000 00 3,000 00 500 00 300 00 1,500 00 Loans on Railroad Stock, amount on each : — On 130 shares Old Colony Railroad...................................................................... $16,000 00 On 500 shares Old Colony R a i l r o a d ,.............................................................. 64,000 00 Detailed Statement o f Public Funds. Tar Value. United States 4s, Town of Attleborough, Mass., 7s, . City of Boston, Mass , 6s, of Boston, Mass., 5s, Town of Buckland, Mass , 6 s,. City of Bangor, Me., 6s, . of Bath, Me., 6s, of Burlington, Yt., 6s, District of Columbia 6s, . District of Columbia 5s, . City of Charlestown, Mass., 5s, of Charlestown, Mass , 6s, of Cambridge, Mass., 6s, . of Chelsea, Mass., 6s, of Cleveland, Ohio, 7s, of Cleveland, Ohio, 5s, . of Cleveland, Ohio, 6s, of Cleveland, Ohio, 4s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * Legal Estimated Market Value. Amount Invested. $300,000 $381,000 00 $300,000 00 44,200 00 34,000 00 34,000 14,980 00 14,000 14,000 00 139,400 00 125,000 00 125,000 5,100 00 5,000 5,000 00 115,000 00 100,000 00* 100,000 19,000 00 19,000 19,000 00* 16,320 00 16,000 00 16,000 192,400 00 185,000 185,000 00 86,600 00 77,000 77,000 00 106,500 00 100,000 100,000 00 3,200 00 3,000 3,000 00 13,320 00 12,000 12,000 00 74,120 00 68,000 68,000 00 62,980 00 57,000 57,000 00 12,540 00 . 11,000 00 11,000 73,700 00 67,000 67,000 00 3,000 00 3,000 00 3,000 investments when made. 404 B A N K CO M M ISSIO N ERS’ R E P O R T [Jan Detailed Statement o f Public Funds— Concluded. Tar Value. City of Columbus, Ohio, 6s, . of Dover, N. II., 6 s,. of Detroit, Mich , 4s, Town of-Edgartown, Mass., 6s, City of East Saginaw, Mich., os, of Fall River, Mass., 6s, . of Fall River, Mass., os, . of Fitchburg, Mass., 6s, . of Fort Wayne, Ind., 6s, . Town of Greenfield, Mass., 6s, City of Grand Rapids, Mich , 5s, of Hartford, Conn., 6s, of Lawrence, Mass , 6s, . of Lynn, Mass., 6s, . of Malden, Mass.. 5s, of Malden, Mass., 6s, Town of Medford, Mass., 6s, . of Melrose, Mass., 6s, . City of Manchester, N. H., 6s, . of Middletown, Conn , (is, of New Bedford, Mass., 6s, of New Bedford, Mass., 7s, of New Bedford, Mass., 4s, of New Bedford, Mass., 3|s, . of Nashua, N. H., 6s, of Pawtucket, R 1., 5s, of Providence, R. I., 4Js, . of Providence, R. I., 5s, . of Providence, R. 1 . 6s, . Towm of Peterborough, N. I I , 6s, . City of Peoria, 111., 4is, . of Springfield, Ohio, 4is, Town of Shelburne, Mass , 6s, $10,000 50,000 210,000 8,000 60,000 1,000 1,000 2,000 31,000 5,000 130,000 20.000 2,000 2,000 17,000 50,000 50,000 50,000 6,000 38,000 251,000 15,000 100,000 25,000 5,000 4,000 6,000 77,600 2,000 10,000 50,000 60,000 6,000 Estimated Market Value. $10,600 50,500 222,600 8,080 64,200 1,160 1,100 2,160 35,960 5,100 146,250 20,900 2,420 2,180 17,680 50,750 50,750 50,750 6,600 42,400 301,200 15,900 102,000 25,000 5,300 4,400 6,480 85,000 2,420 10,300 50,300 64,200 6,120 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Amount Invested. $10,000 50,000 210,000 8,000 60,000 1,000 1,000 2,000 31,000 5,000 13Q,000 20,000 2,000 2,000 17,000 50,000 50,000 50,000 6,000 38,000 251,000 15,000 100,000 25,000 5,000 4,000 6,000 77,600 2,000 10,000 50,000 60,000 6,000 00 CO 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $2,550,600 $2,834,120 00 $2,550,600 00 No. of Shares. Detailed Statement o f Bank Stocks. 1096 1356 1366 1000 Par Value. Merchants’ Nat’l Bank, New Bedford, . . . . First N’ l Bank, New Bedford, National Bank of Commerce, New Bedford, Mechanics’ National Bank, New Bedford, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $109,600 $208,240 00 $109,600 00 203,400 00 135,600 135,600 00 136,600 133,860 00 136,600 00 100,000 170,000 00 100,000 00 1890.] PU B LIC DO CU M EN T — No. 8. 405 No. of Shares. Detailed Statement o f Bank Stocks — Concluded. 1000 250 200 22 150 200 200 45 70 200 150 140 20 460 530 380 100 490 230 230 90 230 80 350 90 140 250 170 176 360 130 260 500 130 140 40 100 200 30 30 100 90 108 Par Value. Estimated Market Value. Amount Invested. Citizens’ N’l B’k, New Bedford, $100,000 $139,000 00 $100,000 00 25,000 00 32,500 00 25,000 MetaconiQt N’l B’k Fall River, 20,000 00 22,000 00 20,000 Fall River N’l B’k, Fall River, National Bank of Fairhaven, 1,760 00 1,760 00 1,760 Fairhaven, . 15,000 00 18,750 00 15,000 First National Bank, Malden, 20,000 00 26,000 00 20,000 First National Bank, Chelsea, 20,000 00 40,000 00 20,000 Third N’l Bank, Springfield, . 4,5U0 00 5,850 00 4,500 Railroad Nat’l Bank, Lowell, Nat’l Bank of South Reading, 7,000 00 8,050 00 7,000 Wakefield, . . . . 20,000 00 24,000 00 20,000 N’l Hide & Leather B’k, Boston, 15,000 00 18,300 00 15,000 Boston Nat’l Bank, Boston, . 14,000 00 15,400 00 14,000 Howard Nat’l Bank, Boston, . 2,000 00 2,540 00 2,000 Nat'l Exchange Bank, Boston, 46,000 00 58,420 00 46,000 N’l B’k of Commerce, Boston, 53,000 00 91,160 00 53,000 Second Nat’l Bank, Boston, . 38,000 00 45,980 00 38,000 N’l B’k of No. America, Boston, 10,000 00 23,500 00 10,000 Maverick Nat’l Bank, Boston, 49,000 00 81,830 00 49,000 N’l B’k of the Republic, Boston, 23,000 00 55,660 00 23,000 First National Bank, Boston,. 23,000 00 33,120 00 23,000 Merchants’ N’l Bank, Boston, 9,000 00 11,700 00 9,000 Eliot National Bank, Boston, 23,000 00 31,970 00 23,000 North National Bank, Boston, 3,000 00 2,850 00 3,000 National City Bank, Boston, . 35,000 00 39,550 00 35,000 Tremont Nat’l Bank, Boston, 9,000 00 11,250 00 9,000 Hamilton Nat’l Bank, Boston, 14,000 00 18,060 00 14,000 Shawmut Nat’l Bank, Boston, 25,000 00 30,250 00 25,000 Continental N’l Bank, Boston, 17,000 00 17,510 00 17,000 National Eagle Bank, Boston, 44,000 00 47,960 00 44,000 Massachusetts N’l B’ k, Boston, 36,000 00 42,480 00 36,000 Atlas National Bank, Boston, 13,000 00 18,590 00 13,000 Nat’l Union Bank, Boston, 26,000 00 31,160 00 26,000 Columbian N’l Bank, Boston, 50,000 00 62,000 00 50,000 Nat’l Revere Bank, Boston, . 13,000 00 16,250 00 13,000 Washington N’l Bank, Boston, 14,000 00 13,160 00 14,000 Shoe & Leather N’l B’k, Boston, 4,000 00 6,480 00 4,000 New England N’l B'k, Boston, N’l B’k of the Commonwealth, 10,000 00 16,700 00 10,000 Boston, . . . . 20,000 00 26,800 00 20,000 N’l B’k of Redemption, Boston, 3,000 00 3,090 00 3,000 Everett Nat’l Bank, Boston, . 3,000 00 2,070 00 3,000 Merchandise N’ l Bank, Boston, 10,000 00 22,000 00 10,000 Monument Nat'l Bank, Boston, 9,000 00 10,890 00 9,000 State National Bank, Boston, 10,800 00 10,260 00 10,800 Traders’ Nat’l Bank, Boston,. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,388,860 $1,952,650 00 $1,388,860 00 406 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Estimated Amount Invested. Market Value. Boston & Albany R R. 7s, Boston & Albany R.R. 6s, Boston & Lowell R R. 4^s, Boston & Lowell R.R. 5s, Boston & Lowell R.R. 6s, Boston & Lowell R.R. 7s, Boston & Maine R.R. 7s%. Boston & Maine R.R. 4 s,. Fitchburg R R. 5s, . Fitchburg R R. 4-|s, . New Bedford R.R. 7s, Old Colony R R. 6s,. . $450,000 $481,500 00 $150,000 00 50,000 00 56,500 Q0 50,000 20,000 00 21,600 00 20,000 15,000 00 16,350 00 15,000 44,000 00 49,720 00 44,000 10,700 00 10,000 00 10,000 26,000 00 29,640 00 26,000 200,000 00 200,000 216,000 00 39,900 00 38,000 00 38,000 200,000 00 200,000 00 200,000 84,750 00 75,000 00 75,000 56,000 00 63,280 00 56,000 » 1,184,000 $1,269,940 00 $1,184,000 0C Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $68,132 365.000 460.000 125.000 1,068,000 Rate. 85 00 00 00 00 2i per cent. 3Ï “ 3| “ 3£ “ 4 “ Rate. Amount. $175,000 1,691,000 1,454,950 20,000 00 00 00 00 4| per cent. H 44 4 “ “ “ Amount. $155,200 366,574 235,930 56,422 Rate. 00 00 00 00 4| per cent. 5 oà “ 6 $30,000 00 Amount invested in real estate for banking purposes,.................................... 30,000 00 Estimated value of the same,................................................................................ 20,000 00 Assessed value of the s a m e ,................................................................................ 5,000 00 Value, by books, of other real estate, held by foreclosure or otherwise, 9,200 00 Assessed value of the s a m e ,................................................................................. Number of loans which are of an amount not exceeding $3,000 each, . 245 281,160 00 Aggregate amount of the s a m e , ........................................................................ Total number of loans upon real e s t a t e , .............................................227 35,000 00 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889..................................................................................... 572,712 33 Rate and amount of each semi-annual dividend during the ) 2 per cent., ( 208,501 50 year ending Oct. 31,.1889, . . . . . . .1 2 per cent., I 210,194 46 Rate and amount of any extra dividend paid during the year ending Oct. 107,525 40 31, 1889, 9 per cent, on dividends of 3 years preceding, . . . . Times for the dividends fixed by the by-laws : first Monday of April and October. Number of accounts opened during the year ending Oct. 31, 1889, 2,484 Number of accounts closed during the year ending Oct. 31, 1889, 2,111 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 407 PU B L IC DO CU M EN T — No. 8. Total number of open accounts Oct. 31, 1889, . . . . 20,968 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta x e s),...........................................................................................................................$19,954 66 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 1,518,941 04 Number of s a m e , ............................................................................... 12,699 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... 1,697,355 26 Number of s a m e , ............................................................................... 15,280 Date of examination by commissioner : September 19. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num Amount. 8,010 $176,208 53 1,927 160,198 97 1,042 164,130 13 944 331,627 33 413 363 296,893 60 389,882 48 ber. To the credit — O f women, both adult and minor, O f guardians, O f religious and chari table associations, . In trust, . . . . not not not Amount. 6,289 72 $732,577 19 27,782 96 172 1,800 18,052 84 378,950 12 less 12,699 $1,518,941 04 C om m onw ealth of M assach u setts. B r is t o l , ss ., N ov . 9, 1889. Personally appeared Chas. H. Peirce, Treasurer of the New Bedford Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in refer ence to the matters to which they relate, according to his best knowledge and belief. Before me, J o sh u a C . H it c h , Justice o f the Peace. B r is t o l , ss ., N ov . 9, 1889. Personally appeared William Watkins, President, and Gilbert Allen, Andrew G. Pierce, W m . A. Robinson, Horatio Hathaway and Asa C. Peirce, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis J o sh u a C. H i t c h , Justice o f the rea ce. 408 B A N K C O M M ISSIO N ERS’ R E P O R T . [Jan. N E W B U R Y P O R T F IV E CENTS S A V IN G S B A N K — NEW BURYPORT. Incorporated April 24, 1854. Present number of corporators, 47. J. A. M a y n a r d , Treasurer. E b e n S u m n e r , President. J. A. M a y n a r d , Clerk o f the Corporation. Names of committee charged with the investment of its funds: E ben Su m n e r , J ohn H . B a l c h , N a t h a n ie l D o l e , A . W . G jxee n lea f . Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 1 p .m . a .m . to 1 p . m ., 2.30 to 4 p . m .; B alance Sheet , October 31, 1889. A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Railroad bonds as per schedule, Loan on railroad bonds, . Real estate (for banking pur poses), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Expense account, Cash on hand, . . . . L ia b il it ie s . $40,000 5.000 118,200 20,000 4.000 00 00 00 00 00 35,000 19,690 395,246 132,700 58,082 141 3,862 00 00 00 00 12 67 59 $831,922 38 Deposits, . Guaranty fund, Profit and loss ac count, Premium account, . $732,304 39 34,398 23 63,717 51 1,502 25 $831,922 38 Cash on Deposit in Banks, amount in each : — First National Bank, N e w b u r y p o r t ,............................................................... $21,143 72 Maverick National Bank, Boston,........................................................................ 16,737 40 Powow River National Bank, A m e s b u r y ,...................................................... 20,201 00 Loan on Public Funds : — On $5,000 United States 4 ^ s , ................................................................................$5,000 00 Loan on Railroad Bonds : — On $4,000 Boston & Albany R.R. b o n d s , ......................................................$4,000 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 409 P U B L IC D O C U M E N T — No. 8 Detailed Statement o f Public Funds. Par Value. City of Bangor, Me., 6s, United States 6s, *A Estimated Market Value. Amount Invested. $10,000 30,000 $11,200 00 38,400 00 $10,000 00* 30,000 00 $40,000 $49,600 00 $40,000 00 legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 10 60 33 17 8 80 13 18 50 42 74 33 50 5 50 10 25 15 44 40 10 10 23 37 10 12 104 33 24 56 56 100 60 Par Value. Atlantic Nat’l Bank, Boston, . Atlas National Bank, Boston,. Blackstone N’l Bank, Boston, Boston Nat’l Bank, Boston, . Boy 1sto n Nat’l Bank, Boston, National City Bank, Boston, . Columbian N’l Bank, Boston, N’l B’k o f Commerce, Boston, N’l B’k o f the Commonwealth, Boston, . . . . Continental N’l Bank, Boston, National Eagle Bank, Boston, Eliot National Bank, Boston,. Everett Nat’l Bank, Boston, . Nat’l Exchange Bank, Boston, Globe National Bank, Boston, Hamilton Nat’l Bank, Boston, N’l Hide & Leather B’k,Boston, Howard Nat’l Bank, Boston, . Market Nat’l Bank, Boston, . Maverick Nat’l Bank, Boston, New England N’l B’k, Boston, N’l B’k of No America, Boston, N’l B’k of the Republic, Boston, Nat’l Revere Bank, Boston, . Shawmut Nat’l Bank, Boston, Suffolk Nat’l Bank, Boston, . Third National Bank, Boston, Tremont Nat’l Bank, Boston, . Nat’l Union Bank, Boston, Nat’l Webster Bank, Boston,. First Nat’l Bank, Newburyport, Mechanick’s N’l B’k, Newburyp o r t , .................................. Ocean N’l B’k, Newburyport, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $1,000 6,000 3,300 1,700 800 8,000 1,300 1,800 $1,425 7,095 3,630 2,074 1,104 7,600 1,579 2,304 00 00 00 00 00 00 50 00 $1,000 6,000 3,300 1,700 800 8,000 1,300 1,800 00 00 00 00 00 00 00 00 5,000 4,200 7,400 3,300 5,000 500 5,000 1,000 2,500 1,500 4,400 4,000 1,000 1,000 2,300 3,700 1,000 1,200 10,400 3,300 2,400 5,600 5,600 8,487 5,145 7,622 4,290 5,100 637 4,925 1,220 3.000 1,650 4.312 9,600 1,620 1,220 3,795 4,588 1,270 1,380 10,868 3,745 3,432 5,600 6,720 50 00 00 00 00 50 00 00 00 00 00 00 00 00 00 00 00 00 00 50 00 00 00 5,000 4,200 7,400 3,300 5,000 500 5,000 1,000 2,500 1,500 4,400 4,000 1,000 1,000 2,300 3,700 1,000 1,200 10,400 3,300 2,400 5,600 5,600 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 10,000 3,000 12,400 00 3,900 00 $118,200 10,000 00 3,000 00 $143,339 00 $118,200 00 410 [Jan. B A N K CO M M ISSIO N ERS’ R E PO R T. Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 7 s ,. Fitchburg R.R. 5s, . Estimated Market Value. Amount Invested. $5,000 15,000 $5,700 00 15,875 00 $5,000 00 15,000 00 $20,000 $21,575 00 $20,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Bank on Interest. Amount. $125,000 8,000 90,900 256,290 00 00 00 00 5 per cent. 51 “ 5£ “ 6 Amount. o o o o 2 per cent. “ 4 “ 4£ “ Rate. oT 72 40 00 00 Amount. o o o o ^ $21,143 16,737 20,201 42,456 Rate. Rate. 6J per cent. 7 Amount invested in real estate for banking purposes,.................................... $35,000 00 Estimated value of the same, . ....................................................................... 35.000 00 Assessed value of the same..................................................................................... 33.000 00 Net income received from same during year ending Oct. 31, 1889, 1,025 08 Value, by books, of other real estate, held by foreclosure or otherwise, 19.690 00 Assessed value of the s a m e ,................................................................................. 37,300 00 Number of loans which are of an amount not exceeding $3,000 each, . 236 Aggregate amount of the s a m e , ....................................................................... 242,190 00 Total number of loans upon real estate,..................................................... 254 Amount of investments from which no income is received, . . . . 18.690 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889, ................................................................................ 43,959 22 16,824 64 Rate and amount of each semi-annual dividend during the 1 2£ per cent., I 13,542 06 year ending Oct. 31, 1 8 8 9 , ..................................................... i 2 per cent., 1 Times for the dividends fixed by the by-laws: first Monday in May and November. Number of accounts opened during the year ending Oct. 31, 1889, . 236 Number of accounts closed during the year ending Oct. 31, 1889, . 240 Total number of open accounts Oct. 31, 1889, . . . . 2,769 Expenses of the corporation for the year ending Oct. 31,1889 (exclusive of ta x e s ),.................................................................................................................... 2,480 71 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. 105,631 95 Number of s a m e , .........................................................................................1,213 Amount of withdrawals, including dividends, during the year ending Oct. 102,508 22 31, 1889,.................................................................................................................. Number of s a m e , .........................................................................................1,016 Date of examination by commissioner: August 16. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 411 P U B L IC D O CU M EN T — No. 8. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 Num O f $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . O f $1,000 or more, . Num Amount. ber. 875 $13,612 46 146 11,943 99 63 10,517 04 81 28,679 77 27 21 19,171 90 21,706 79 1,213 $105,631 95 Co m m o n w e a l t h ber. T o the credit — O f women, both adult and minor, O f guardians, Of religious and chari table associations, . In trust................................ op Amount. 578 14 $53,937 25 2,461 77 46 31 2,737 20 5,216 54 M assach u setts. E ssex, ss ., N ov 12, 1889. Personally appeared J. A. Maynard, Treasurer of the Newburyport Five Cents Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, F r a n c is V . P i k e , Justice o f the Peace. E ssex, ss ., N ov . 12, 1889. Personally appeared Eben Sumner, President, and P. H. Blumpey, A. W . Greenleaf, W m . R. Johnson, S. B. Carter, J. N. Pike and J. H. Balcli, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, F r a n c is V. P i k e , Justice o f the Peace. 412 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. N E W T O N S A V IN G S B A N K -N E W T O N . Incorporated June 17, 1831. Present number of corporators, 16. G eo k ge H y d e , President. S u sa n n a M . D u n c k l e e , Treasurer. F r a n c is M u r d o c k , Clerk o f the Corporation. Names of committee charged with the investment of its funds : G eorge H y d e , W il l a r d J a m e s F . C. H y d e , M arcy. Open for business every business day, except Saturday, 9 Saturday, 9 a . m . to 1 p . m . B a l a n c e Sh e e t , O c t o b e r to 12 m ., 2 to 4 p .m . ; 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Deposit in bank, not on interest, Expense account, Cash on hand................................ a .m . * $61,000 31,250 63,000 7,750 1,209,632 363,456 39,966 2,500 354 4,314 00 00 00 OO 68 53 73 00 12 75 Deposits, . Guaranty fund, Interest account, $1,713,654 81 36,449 00 33,121 00 $1,783,224 81 $1,783,224 81 Cash on Deposit in Banks, amount in each: — Wachusett National Bank, Fitchburg,...............................................................$20,000 00 Newton National Bank, N ew ton ,........................................................................ 22,466 73 Detailed Statement o f Public Funds. Par Value. City of Lowell, Mass., 6s, of Newton, Mass., 5s, of Worcester, Mass., 5s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. Amount Invested. $6,000 50,000 5,000 $6,120 00 60,000 00 5,925 00 $6,000 00 50,000 00 5,000 00 $61,000 $72,045 00 $61,000 00 1890.] PU B L IC D O CU M EN T — No. 8. 413 No. of Shares. Detailed Statement o f Bank Slocks. Par Value. 10 50 30 25 70 24 25 15 30 6 25 3 First Nat’l Bank, Cambridge, Commercial N’l Bank, Boston, N’l B’k of the Commonwealth, Boston, . . . . Globe National Bank, Boston, Lincoln Nat’l Bank, Boston, . Merchandise N’l B’k, Boston, Natick Nat’l Bank, Natick, Newton Nat’l Bank, Newton, Nat’l Revere Bank, Boston, . So. Framingham Nat’l Bank, So. Framingham, State National Bank, Boston, Waehusett N’l B’k, Fitchburg, Waltham N’l Bank, Waltham, $1,000 5,000 Estimated Market Value. Amount Invested. $1,700 00 4,887 50 $1,000 00 5,000 00 3,000 2,500 7,000 2,400 2,500 1,500 3,000 5,100 2,462 8,032 1,644 3,375 1,410 3,720 00 50 50 00 00 00 00 3,000 2,500 7,000 2,400 2,500 1,500 3,000 00 00 00 00 00 00 00 25 600 2,500 225 25 726 5,000 321 00 00 00 00 25 600 2,500 225 00 00 00 00 $31,250 $38,403 50 $31,250 00 Detailed Statement o f Railroad Bonds. Par Value. Boston & Loweli R.R. 4s, Fitchburg R E 7s and 5s, Portland & Ogdensburg R R. 6s, Estimated Market Value. Amount Invested. $15,000 28,000 20,000 $15,600 00 30,210 00 23,600 00 $15,000 00 28,000 00 20,000 00 $63,000 $69,410 00 $63,000 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Amount. $19,966 73 30,000 00 654,526 68 Kate. Amount. Kate. Amount. Kate. 2 per cent. 4 “ 5 $119,700 00 620,396 00 5^ per cent. 5h “ $165,066 53 3,400 00 6 per cent. 7 Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the s a m e ,............................................................... Number of loans which are of an amount not exceeding S3,000 each, Aggregate amount of the s a m e , ..................................................... Total number of loans upon real estate,............................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . $7,750 00 15,000 00 242 413,157 53 307 414 [Jan. B A N K CO M M ISSIO N ERS’ R E P O R T . $14,794 53 Amount of investments from which no income is received, . . . . Gross amount of interest or profits received or earned, as per books, 90,546 13 during year ending Oct. 31, 1 8 8 9 , .............................................................. 29,789 56 Rate and amount of each semi-annual dividend during the ) 2 per cent., $ 30,931 97 year ending Oct. 31, 1 8 8 9 , ..................................................... ) 2 per cent., I Times for the dividends fixed by the by-laws : January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 824 Number of accounts closed during the year ending Oct. 31,1889,. . 467 . . . . 6,918 Total number of open accounts Oct. 31, 1889, Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive 5,824 72 of taxes), ........................................................................................................... Amount of deposits, not including dividends, received during the year 383,484 58 ending Oct. 31, 1 8 8 9 , ........................................................................................ Number of s a m e , ................................................................................6,588 Amount of withdrawals, including dividends, during the year ending Oct. 294,302 19 31, 1889,................................................................................................................... Number of s a m e , ............................................................................... 3,745 Date of examination by commissioner : September 3. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Of $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . Num ber. Amount. 5,142 $100,410 67 761 60,653 00 345 52,443 91 239 84,223 64 57 44 41,753 36 44,000 00 6,588 $383,484 58 To the credit — Of women, both adult and minor, O f guardians, Of religious and char itable associations, . In trust................................ not not not Num ber. Amount. 3,780 4 $203,160 20 921 26 41 736 2,649 29 41,390 61 less Co m m o n w e a l t h of M assach u setts. M id d l e s e x , ss ., N ov . 9, 1889. Personally appeared Susanna M. Duncklee, Treasurer of the Newton Savings Bank, and made oath that the foregoing statement, by her subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by her to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to her best knowledge and belief. Before me, B e n j a m in F. B a c o n , Justice o f the Peace. M id d l e s e x , ss ., N ov . 9, 1889. Personally appeared Geo. Hyde, President, and Willard Marcy, James F. C. Hyde, Jos. N. Bacon, Francis Murdock and W m. H. Brackett, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. B e n j . F . B a c o n , Justice 6 f the Peace. Before me, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 415 PU B L IC D O CU M EN T — No. NO R TH - N O R T H A M P T O N IN S T IT U T IO N FOR S A V IN G S AM P TO N . Incorporated 1842. Present number of corporators, 16. H . G . K n i g h t , President. L . M a l t b y , Treasurer. T. G . S p a u l d in g , Clerk o f the Corporation. Names of committee charged with the investment of its funds: L. Maltby, Osc a r E d w a r d s, J. S. L a t h r o p . Open for business every business day, 9 B a l a n c e Sh e e t , O ctober a .m . to 3 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loan on railroad stocks, . Railroad notes, . . . . Real estate (for banking purp o s e s ) , .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Loans on depositors’ books, Deposits in banks, on interest, . Cash on hand, . . . . p .m . $223,000 52,500 27,448 400,000 5,125 225,000 00 00 70 00 00 00 27,582 1,750 787,374 674,160 40 00 67 00 Deposits, . Guaranty fund, Profit and loss account, . $2,367,500 83 110,000 00 27,302 35 10,000 00 450 00 66,818 28 3,594 13 $2,504,803 18 $2,504,803 18 Cash on Deposit in Banks, amount in each : — Northampton National Bank, Northampton, . . . . Globe National Bank, B o s t o n , ............................................ $66,272 14 546 14 Loans on Bank Stock, amount on each : — On On On On On On On 100 shares First National Bank, Easthampton, 106 shares First National Bank, Northampton, 66 shares Northampton National Bank, Northampton, . 17 shares Hampshire County National Bank, Northampton, 10 shares Ware National Bank, Ware, . . . . 5 shares Williamstown National Bank, Williamstown, . 6 shares First National Bank, Westfield, . . . . $10,000 00 8,613 70 6,600 00 800 00 1,000 00 400 00 35 00 Loan on Railroad Stock : — On 46 shares Connecticut River Railroad, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . . * . $5,125 00 416 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan Detailed, Statement o f Public Funds. Par Value. City of of of of United Boston, Mass., 4s, Meriden, Conn., 6s, Meriden, Conn., 4±s, . Milwaukee, Wis., 7s, . States 4s, $50,000 20,000 40,000 8,000 105,000 $223,000 Estimated Market Value. Amount Invested. $56,000 00 22,000 00 44,000 00 8,800 00 133,350 00 $50,000 00 20,000 00 40,000 00 8,000 00 105,000 00 $264,150 00 $223,000 00 • Detailed Statement o f Bank Stocks. C . “ Estimated Market Value. & .q 29 53 15 10 81 20 27 34 26 17 17 20 20 100 16 40 Atlantic Nat’l Bank, Boston, . Boston National Bank, Boston, N’l B’k of Commerce, Boston, Nat’l Exchange Bank, Boston, First National Bank, Boston, Merchants1N’l Bank, Boston, N’l B’k of No. America,Boston, Second Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, State National Bank, Boston Traders’ Nat’l Bank, Boston, Washington N’l Bank, Boston, Nat’l Webster Bank, Boston, Northampton National Bank, Northampton, First N’l Hank, Northampton, City Nat’l Bank, Worcester, $4,132 6,466 1,920 1,275 19,642 2,910 3,301 5,950 3,380 2,057 1,615 2,510 00 00 00 00 00 00 00 00 00 00 00 00 2,000 00 $2,900 00 5,300 00 1,500 00 1,000 00 8,100 00 2,000 00 2,700 00 3,400 00 2,600 00 1,700 00 1,700 00 2,000 00 2,000 00 17,500 00 2,000 00 5,600 00 10,000 00 1,600 4,000 $52,500 $82,258 00 $52,500 00 $2,900 5,300 1,500 1,000 8,100 2,000 2,700 3,400 2,600 1,700 1,700 2,000 2,000 10,000 1,600 00 4,000 00 Detailed Statement of Railroad Bonds. 1 Boston & Albany R.R. 6s, Boston & Albany R.R. 7s, Boston & Maine R.R. 7 s ,. Boston & Lowell R.R. 7s, Fitchburg R R. 5s, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $40,000 150,000 70,000 40,000 100,000 $400,000 $44,600 165,750 78,400 46,200 108,500 00 00 00 00 00 $443,450 00 $40,000 150,000 70,000 40,000 00 00 00 00 100,000 00 $400,000 00 417 P U B L IC D O CU M EN T — No. 8. 1890.] Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. $546 14 66,272 14 10,000 00 175,000 00 Amount. Rate. Amount. 2J per cent. 3 3i 3| $80,000 00 130,000 00 20,000 00 371,520 00 “ “ Rate. Amount. Rate. 4 per cent. H “ 4| “ 4h “ $889,883 37 6,000 00 47,155 00 5 per cent. 5è “ 6 Amount invested in real estate for banking purposes,.................................... Estimated value of the sam e,................................................................................ Assessed value of the s a m e , ................................................................................ Value, by books, of other real estate, held by foreclosure or otherwise, . Assessed value of the s a m e ,................................................................................ Net income received from same during year ending Oct. 31, 1889, Number of loans which are of an amount not exceeding $3,000 each, 352 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real e s t a t e , ............................................ 369 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the ) 2 per cent., 1 year ending Oct. 31, 1 8 8 9 , ..................................................... >2 per cent., t Times for the dividends fixed by the by-laws: first Wednesday in April and October. Number of accounts opened during the year ending Oct. 31,1889, . 883 Number of accounts closed during the year ending Oct. 31, 1889, . 727 Total number of open accounts Oct. 31, 1889, . . . . 6,222 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of taxes).................................................................................................................. Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... Number of s a m e , ......................................................................................... 5,053 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ Number of s a m e ,..........................................................................................4,075 Date of examination by commissioner: July 20. $27,582 40 27,582 40 20,000 00 1,750 00 1,325 00 115 00 503,787 02 120,570 08 43.959 05 45,011 57 6,475 84 334,490 98 313,046 93 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $100, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . 3,839 $75,017 27 593 49,345 42 301 47,123 87 207 71,499 16 69 44 45,505 26 46,000 00 5,053 $334,490 98 not not not less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Num Amount. ber. To the credit — Of women, both adult and minor, Of guardians, O f religious and char itable associations, . In trust................................ Amount. 1,785 11 $125,156 20 1,862 06 22 106 4,931 09 18,236 15 418 B A N K CO M M ISSIO N ERS’ R E PO R T. Com m onw ealth of [Jan. M assa ch u setts. H a m p s h ir e , ss ., N ov . 11, 1889. Personally appeared L.Maltby, Treasurer of tlie Northampton Institution for Savings, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, S. D. D r u r y , Justice o f the Peace. H a m p s h ir e , ss ., N ov . 11, 1889. Personally appeared Horatio G. Knight, President, and Oscar Edwards, Timothy G. Spaulding, Merritt Clark, M. M. French and Geo. P. Dickinson, trustees of said corpo ration, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, S. D. D r u r y , Justice o f the Peace. 1890.] P U B L IC D O C U M E N T — No. 8 419 N O R T H A D A M S S A V IN G S B A N K — N O R TH A D A M S . Incorporated 1848. Present number of corporators, 32. C. T. S a m p s o n , President. Y . A. W V . A . W h i t a k e r , Treasurer. h it a k e r , Clerk o f the Corporation. Names of committee charged with the investment of its funds: A. W . H odge, G eo . L. R ic e , W . H . Gaylo rd . Open for business every business day, 9 a .m . to 4 p . m . ; also Saturday till 6 p . m . B a la n c e Sh e e t , O ctober A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Real estate (for banking purposes), .................................... Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes)........................................ Deposit in bank, on interest, Deposits in banks, not on interest, Expense account, Interest account, Insurance account, Cash on hand................................ 31, 1889. L ia b il it ie s . $195,400 00 33,400 00 10,650 00 20,000 00 18,124 22,120 992,378 252,105 Deposits, . Guaranty fund, Earnings undivided, State tax account, . $1,704,598 44,000 15,000 2,500 61 00 00 00 11 23 34 92 185,000 6,818 8,454 637 18,349 00 21 70 03 44 210 00 2,450 63 $1,766,098 61 $1,766,098 61 Cash on Deposit in Banks, amount in each: — National Bank of the Commonwealth, B o s t o n , .............................................$6,818 21 Adams National Bank, North A d a m s,............................................................... 5,279 08 Berkshire National Bank, North A d a m s , ...................................................... 3,175 62 Loans on Bank Stock, amount on each : — On 82 shares Adams National Bank, North A d a m s , .................................... $8,200 00 On 25 shares Pittsfield National Bank, Pittsfield,............................................. 2,450 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 420 [Jan B A N K CO M M ISSIO N ERS’ R E P O R T Detailed Statement o f Public Funds. Estimated Market Value. City of Cleveland, Ohio, 7s, . of Bangor, Me., 6s, . of Dayton, Ohio, 4s, of Fall River, Mass., 6s, . of Powell, Mass., 4s, of Lynn, Mass , 6s, . of Norwich, Conn , 4s, of New Bedford, Mass,, 6s, of Providence, R. I., 5s, . of Portland, Me., 6s, of Cambridge, Mass., 6s, Town of Plymouth, Mass., 4s, of Adams, Mass., 6s, of Woonsocket, R. I., 4s, $25,000 5,000 20,000 11,000 10,000 1,000 25,000 1,000 18,000 5,000 5,000 36,400 3,000 30,000 $28,500 5,670 21,200 14,170 11,075 1,100 25,375 1,150 20,430 6,600 5,350 38,220 3,210 31,950 Amount Invested. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 $25,000 5,000 20,000 11,000 10,000 1,000 25,000 1,000 18,000 5,000 5,000 36,400 3,000 30,000 00 00* 00 00 00 00 00 00 00 00* 00 00 00 00 $195,400 $214,000 00 $195,400 00 * Legal investments when made. No. of Shares. Detailed Statement o f Bank Stocks. Par Value. 14 Lee National Bank, Lee, 250 Adams N’l Bank, No. Adams, 20 Berkshire N’l B’k, No. Adams, 50 Pittsfield N’l Bank, Pittsfield, $1,400 25,000 2,000 5,000 $33,400 Estimated Market Value. $1,890 33,750 2,000 8,000 00 00 00 00 $45,640 00 Amount Invested. $1,400 25,000 2,000 ‘5,000 00 00 00 00 $33,400 00 Detailed Statement o f Railroad Bonds. Par Value. Fitchburg R.R. 4s, . $20,000 Estimated Market Value. $19,000 00 Amount Invested. $20,000 00 Total Amount o f Loans with Each Specified Bate o f Interest, including Deposits in Banks on Interest. Rate. Amount. $6,818 21 165,000 00 2 per cent. 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ Amount. $67,000 00 872,712 79 Rate. Amount. 4J per cent. 5 $315,421 47 20,000 00 Rate. 6 per cent. 7 1890.] P U B L IC D O C U M E N T — No. 8. 421 Amount invested in real estate for banking purposes, . $18,124 11 Estimated value of the same,............................................. 35,000 00 Assessed value of the same........................................................... 26,000 00 Net income received from same during year ending Oct. 31, 1889, . 439 57 Value, by books, of other real estate, held by foreclosure or otherwise, . 22,120 23 Assessed value of the s a m e ,...................................................... 19,350 00 Number of loans which are of an amount not exceeding $3,000 each, . 306 Aggregate amount of the s a m e , ............................................. . . • 335,394 26 Total number of loans upon real estate, . . . . . 340 Amount of investments from which no income is received, . 2,000 00 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,...................................................... 84,593 44 Rate and amount of each semi-annual dividend during the ] 2 per cent., f 30,238 42 year ending Oct. 31, 1 8 8 9 ,...................................................... ) 2 per cent., 1 31,712 17 Times for the dividends fixed by the by-laws : April 1 and October 1. Number of accounts opened during the year ending Oct. 31, 1889, 1,600 Number of accounts closed during the year ending Oct. 31, 1889, 1,533 Total number of open accounts Oct. 31, 1889, . . . . 5,452 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ........................................................................................................... 7,379 72 Amount of deposits, not including dividends, received during the year ending Oct. 31, 1 8 8 9 , ......................................................................................... 502,006 32 Number of s a m e , ................................................................................ 7,027 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ....................................................................... ........ 442,712 71 Number of s a m e , ................................................................................ 4 856 Date of examination by commissioner : March 7. Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. Of $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Amount. 5,242 $104,100 87 888 73,001 49 429 60,672 57 295 101,002 47 88 85 61,847 81 95,381 11 To the credit — Of women, both adult and minor, Of guardians, Of religious and char itable associations, . In trust, . . . . Num ber. Amount. 2,641 21 $187,764 14 2,099 63 17 64 1,887 29 24,019 85 7,027 $502,006 32 C o m m o n w e a l t h o r M a s sa c h u s e t t s . B e r k s h ir e , ss ., N o v . 9, 1889. Personally appeared V. A. Whitaker, Treasurer of the North Adams Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, A. G. P o t t e r , Notary Public. 422 B A N K C O M M ISSIO N E R S’ R E PO R T. B e r k s h ir e , s s ., [Jan. N ov. 12, 1889. Personally appeared C. T. Sampson, President, and E. S. Wilkinson, W . H. Sperry, W . H. Gaylord, H. T. Cady, C. H. Cutting, A. W . Hodge and G. L. Rice, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, A. G. P o t t e r , Notary Public. 423 P U B L IC D O CU M ENT — No. 8 1890.] WORTH A V E N U E S A V IN G S B A N K — CA M BR ID G E . Incorporated 1872. Sam uel F . W o o d b r id g e , Present number of corporators, 30. M il t o n L. W a l t o n , Treasurer. President. G e o r g e W . P a r k e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : Sam uel F . W o o d b r id g e , Ch a r le s F . Stra tton , H e n r y C. R a n d , J o h n J. H e n d e r s o n , R u s s e l l S. E dw ar ds. Open for business Monday, Wednesday and Saturday, 9 a .m . to 1 p . m . ; also Satur day, 6 to 8 p . m . B a l a n c e Sh e e t , O c to b er 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Deposits in banks, on interest, . Cash on hand................................ $5,000 3.350 5,000 2,214 155,585 62,235 13,013 568 Deposits, . Guaranty fund, Earnings undivided, 00 00 00 69 00 00 93 71 $238,785 90 3,870 00 4,311 43 $246,967 33 $246,967 33 Cash on Deposit in Banks, amount in each : — Faneuil Hall National Bank, Boston, Howard National Bank, Boston, . $9,108 08 3,905 85 . Detailed Statement o f Public Funds. Estimated Market Value. United States 4s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $5,000 >,350 00 Amount Invested. $5,000 00 B A N K CO M M ISSIO N ERS’ R E P O R T . 424 [Jan. No. of Shares. Detailed Statement o f Bank Stocks. 15 20 Par Value. First N’l Bank, Marlborough, Blackstone N’l Bank, Boston, Estimated Market Value. Amount Invested. $1,500 2,000 $1,500 00 2,200 00 $1,350 00 2,000 00 $3,500 $3,700 00 $3,350 00 Detailed Statement o f Railroad Bonds. Par Value. Old Colony R.R. 4s,. Fitchburg R.R. 5s, . Estimated Market Value. Amount Invested. $3,000 2,000 $3,240 00 2,120 00 $3,000 00 2,000 00 $5,000 $5,360 00 $5,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. Bate. Amount. Kate. $3,905 85 9,108 08 41,200 00 2^ per cent. 3 “ 5 $89,210 00 86,760 00 500 00 5J per cent. 6 “ 6è “ Rate. Amount. $150 00 7 per cent. Value, by books, of real estate, held by foreclosure or otherwise, . . Assessed value of the s a m e ,................................................................................. Net income received from same during year ending Oct. 31,1889, . . Number of loans which are of an amount not exceeding $3,000 each,. 73 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,.....................................................76 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1889...................................................................................... Rate and amount of each semi-annual dividend during the j 2 per cent., f year ending Oct. 31, 1 8 8 9 , .....................................................I 2 per cent, 1 Times for the dividends fixed by the by-laws: January 10 and July 10. Number of accounts opened during the year ending Oct. 31, 1889, . 230 Number of accounts closed during the year ending Oct. 31, 1889, . 120 Total number of open accounts Oct. 31, 1889, . . . . 1,252 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive o f t a x e s ) , .......................................................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,214 69 3,700 00 175 21 95,460 00 12,021 87 3,866 83 4,155 70 2,054 83 1890.] 425 P U B L IC D O CU M ENT — No. 8. Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1 8 8 9 ,................................................................................................. Number of s a m e , ............................................................................... 1,658 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889,.................................................................................................................. Number of s a m e , ....................................................................................... 822 Date of examination by commissioner: February 4. $79,217 88 60,683 90 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Of $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Num ber. Amount. 1,349 $22,566 20 164 13,391 69 73 11,609 81 58 19,702 23 7 7 4,947 95 7,000 00 1,658 $79,217 88 Com m onw ealth M id d l e s e x , Num ber. To the credit — Of women, both adult and minor, Of religious and chari table associations, . In trust....................... of Amount. 663 $32,300 49 72 62 2,200 25 5,477 '97 M assa ch u setts. C a m b r i d g e , N ov . 16, 1889. ss . Personallyappeared Milton L. Walton, Treasurer of the North Avenue Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, M J a b e z A. S a w y e r , Justice o f the Peace. C a m b r i d g e , N ov . 16, 1889. i d d l e s e x , ss . Personally appeared Samuel F. Woodbridge, President, and Daniel Fobes, Cornelius Dorr, John J. Henderson, Sylvanus M. Parsons, Charles F. Stratton and Russell S. Edwards, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, J a b e z A. Sa w y e r , Justice o f the Peace. 426 [Jan B A N K CO M M ISSIO N ERS’ R E PO R T. N O R TH BR O O K FIE LD S A Y IN G S B A N K — N O R TH BR O O K FIE LD . Incorporated 1854. W m. Present number of corporators, 31. H . M o n t a g u e , President. B on u m N t e , Treasurer. B onum N t e , Clerk o f the Corporation. Names of committee charged with the investment of its funds : H . M ontague, G eo. R . H a m a n t , L u t h e r P. D e l a n d , W m. F r a n k A. S m i t h . Open for business every business day, 9 a .m . B a l a n c e Sh e e t , Octo b er p .m . 31, 1889. L ia b il it ie s . A ssets. Public funds as per schedule, . Loan on public funds, Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (notes), .................................... Deposits in banks, on interest, . Expense account, Cash on hand................................ to 1 p .m ., 2 to 4 $74,500 00 1,000 00 1,400 00 152,500 00 4,343 10 315,875 28 1,100 00 Deposits, . Guaranty fund, Profit and loss ac count, . $527,051 28 24,954 05 10,446 71 2,000 00 9,134 25 102 67 496 74 $562,452 04 $562,452 04 Cash on Deposit in Banks, amount in each: — First National Bank, W o rc ester,....................................................................... $3,272 63 Maverick National Bank, Boston,....................................................................... 5,861 62 Loan on Public Funds : — On $1,000 United States 4 s , ....................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,000 00 1890.] 427 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. City of Boston, Mass., 6s, of Cambridge, Mass., 6 s ,. of Cleveland, Ohio, 6s, of Cleveland, Ohio, 5s, of Cleveland, Ohio, 7s, of Fort Wayne, Ind., 6s, . of Milwaukee, Wis., 7s, . State of New Hampshire 6s, . City of Providence, R. I., 5s, . of Portsmouth, N. H , 6 s,. of Salem, Mass., 5 s ,. of South Norwalk, Conn., 6s, . of Springfield, Ohio, 5s, . * Estimated Market Value. 00 00 00 00 00 00 00 50 00 00 00 00 00 $16,000 2,000 7,000 1,000 3,000 16,000 1,000 1,500 7,000 5,000 2,000 5,000 8,000 $18,270 2,160 7,950 1,165 3,510 18,960 1,050 1,847 8,190 5,600 2,320 5,550 8,975 $74,500 $85,547 50 Amount Invested. $16,000 2,000 7,000 1,000 3,000 16,000 1,000 1,500 7,000 5,000 2,000 5,000 8,000 00 00 00 00 00 00 00 00 00 00* 00 00 00 $74,500 00 A legal investment when made. No. of Shares. Detailed Statement o f Bank Stocks. 4 10 Par Value. Ware National Bank, Ware, . Eliot National Bank, Boston, Estimated Market Value. Amount Invested. $400 1,000 $490 00 1,315 00 $400 00 1,000 00 $1,400 $1,805 00 $1,400 00 Detailed Statement o f Railroad Bonds. Estimated Market Value. Boston & Albany R R. 7s, Boston & Albany R.R. 6s, Boston & Providence R R. 7s, . Boston & Maine R.R. 7 s,. Boston, Clinton, Fitchburg & New Bedford R.R. 5s, . Boston, Winthrop & Shore R.R. 5s, Boston & Lowell R.R. 7s, Conn. &Passumpsic Rivers R.R. 7s, Eastern R R. 6s, New Bedford R.R. 7s, Old Colony R.R. 6s,. Old Colony R.R. 7s, Portland & Ogdensburg R.R. 6s, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $20,000 7,000 8,000 31,000 $21,500 7,805 8,840 34,360 00 00 00 00 $20,000 7,000 8,000 31,000 5,000 5,000 9,000 10,000 27,000 5,000 8,000 2,000 15,500 5,875 5,500 9,800 11,000 34,020 5,675 9,060 2,265 18,290 00 00 00 00 00 00 00 00 00 5,000 5,000 9,000 10,000 27,000 5,000 8,000 2,000 15,500 $152,500 * $173,990 00 A legal investment when made. 00 00 00 00 00 00 00 00 00* 00 00 00 00 $152,500 00 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] P U B L IC DO CU M EN T — No. 8. 429 C o m m o n w e a l t h of M a s s a c h u s e t t s . W o r c e s t e r , ss , Nov. 1, 1889. Personally appeared Bonum Nye, Treasurer of the North Brookfield Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, C h a s . E. B a t c h e l l e r , Justice o f the Peace. W o r c e s t e r , s s ., N o v . 1, 1889. Personally appeared Chas. Duncan, Vice-President, and. Frank A. Smith, Geo. R. Hamant, L. P. Deland, E. D. Batcheller and S. S. Edmands, trustees of said corpora tion, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, C h a s . E. B a t c h e l l e r , Justice o f the Peace. 430 B A N K CO M M ISSIO N E R S’ R E P O R T . [Jan. WORTH E A STO N S A V IN G S B A N K — E A STO N . Incorporated Feb. 8, 1864. Present number of corporators, 28. F k e d ’ k L. A m e s , President. C h e s t e r It. F i e l d , Treasurer. C h e s t e r It. F i e l d , Clerk o f the Corporation. Names of committee charged with the investment of its funds : F r e d ’k L . A m es, Jo h n H . S w a i n , C yru s L othrop, W . K . Gow ar d , G eorge K . D a v is . Open for business every business day, 9 a .m B a l a n c e Sh e e t , O c t o b e r A ssets. Public funds as per schedule, . Bank stock as per schedule, Railroad bonds as per schedule, Real estate by foreclosure, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, Cash on hand, . . . . . to 12 m ., 1.30 to 3 p . m . 31, 1889. L ia b il it ie s . $94,960 108,789 51,592 7,694 304,223 72,550 00 26 22 73 10 00 6,000 14,598 19,014 83 1,292 00 70 81 33 35 $680,798 50 Deposits, . Guaranty fund, Profit and loss ac count, . $653,111 66 20,766 79 6,920 05 $680,798 50 Cash on Deposit in Banks, amount in each: — National Bank of the Commonwealth, Boston................................................... $14,598 70 First National Bank, North E a s t o n , ............................................................... 19 014 81 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1890.] 431 P U B L IC D O CU M EN T — No. 8. Detailed Statement o f Public Funds. Par Value. City of Bath, Me., 6s, of Bangor, Me., 6s, . of Columbus, Ohio, 4s, of Dayton, Ohio, 4s, Town of Beverly, Mass., 4s, . of Greenfield, Mass., 4s, of Marlborough, Mass., 4s, . of Montague, Mass., 4s, of North Easton (Vill. District), Mass., 4s., of Randolph, Mass., 4s, of Stoughton, Mass., 4s, * Estimated Market Value. 00 00 00 00 00 00 00 00 Amount Invested. $2,000 6,960 6,000 6,000 15,000 10,000 1,000 10,000 00* 00* 00 00 00 00 00 00 $2,000 8,000 6,000 6,000 15,000 10,000 1,000 10,000 $2,000 9,200 6,060 6,030 15,900 10,400 1,070 10,450 15,000 15,000 8,000 15,450 00 15,900 00 8,280 00 15,000 00 15,000 00 8,000 00 $96,000 $100,740 00 $94,960 00 Legal investments when made. No. of Shares. Detailed Statement of Bank Stocks. 30 25 25 25 20 25 57 78 50 25 90 25 25 25 25 25 50 38 7 75 100 66 38 Par Value. Traders1Nat’l Bank, Boston,. Shoe & Leather N’l B’k, Boston, Tremont Nat’l Bank, Boston, Market Nat’l Bank, Boston, . National Eagle Bank, Boston, New England N’l B’k, Boston, Nat’l Revere Bank, Boston, . Everett Nat’l Bank, Boston, . Shawmut Nat’l Bank, Boston, Hamilton Nat’l Bank, Boston, North National Bank, Boston, Atlas National Bank, Boston, Atlantic Nat’l Bank, Boston, . State National Bank, Boston, National City Bank, Boston, . Manufacturers’ N’l B’k,Boston, N’l Hide & Leather B’k, Boston, Bristol Co. N’l Bank, Taunton, Taunton Nat’l Bank, Taunton, Neponset Nat’l Bank, Canton, First National Bank, Easton, Lynn National Bank, Lynn, . N’l B’k of Redemption, Boston, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. 00 25 50 00 00 00 00 00 00 00 00 25 50 00 00 $3,000 2,500 2,500 2,500 2,000 2,500 5,700 7,800 5,000 2,500 9,000 2,500 2,500 2,500 2,500 2,500 5,000 3,800 700 7,500 10,000 6,600 3,800 $2,850 2,356 2,837 2,500 2,060 4,075 7,068 8,034 6,500 3,125 12,510 2,956 3,562 3,025 2,375 2,628 6,000 5,709 1,015 9,768 14,000 10,560 5,111 $94,900 $120,626 87 12 00 50 00 75 00 00 00 Amount Invested. $2,880 2,375 2,700 2,300 2,180 3,325 6,726 8,658 5,800 2,950 10,485 2,878 3,750 2,693 2,765 2,375 5,500 4,560 920 8,100 10,500 9,578 4,789 00 00 00 00 00 00 00 00 00 00 00 13 00 75 63 00 00 00 50 00 00 25 00 $108,789 26 432 B A N K C O M M ISSIO N E R S’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Lowell R.R. 4s, Old Colony R.R. 4is, Old Colony R.R. 4s, . Fitchburg R.R. 5s, . Fitchburg R.R. 4s, . . . Estimated Market Value. $31,000 1,000 5.000 5.000 10,000 $32,240 1,090 5,450 5,425 9,600 $52,000 $53,805 00 Amount Invested. 00 00 00 00 00 $31,000 1,000 5.000 5.000 9,592 00 00 00 00 22 $51,592 22 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Interest. Amount. $14,598 70 47,000 00 6,000 00 Kate. 2 per cent. 4 “ 4h “ Kate. Amount. Rate. 4| per cent. $147,143 10 1,600 00 900 00 6 per cent. 6£ “ Amount. $10,000 00 137,380 00 32,750 00 5 5h “ 7 Value, by books, of real estate, held by foreclosure or otherwise, Assessed value of the same, ................................................................................. Number of loans which are of an amount not exceeding $3,000 each, . 171 Aggregate amount of the s a m e , ....................................................................... Total number of loans upon real estate,..................................................... 193 Amount of investments from which no income is received, Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 , ................................................................................ Rate and amount of each semi-annual dividend during the )2 per cent., $ year ending Oct. 31, 1889, . . . . • • • ' 2 per cent., ( Times for the dividends fixed by the by-laws : April 15 and October 15. Number of accounts opened during the year ending Oct. 31, 1889, . 302 Number of accounts closed during the year ending Oct. 31,1889, . 141 Total number of open accounts Oct. 31, 1889, . . . . 1,933 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of ta xes),..................................................................................................................... Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... N umber of s a m e , .......................................................................................... 1,514 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1889..................................................................................................................... Number of s a m e , ............................................................................................. 764 Date of examination by commissioner: May 21. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $7,694 737,150 00' 173,073 00 500 00 33,128 84 11,313 43 12,027 42 1,196 50 142,506 04 92,290 9& 1890.] P U B L IC D O CU M EN T — No. 8. 433 Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 8 9 . Num ber. Of $50 and less, Exceeding $50, and not more than $100, . Exceeding $100, and not more than $200, . Exceeding $200, and not more than $500, . Exceeding $500, and less than $1,000, . Of $1,000 or more, . Num ber. Amount. 988 $23,762 11 261 21,528 62 114 18,299 53 100 34,574 07 27 24 18,863 75 25,477 96 To the credit — Of women, both adult and minor, Of guardians, Of religious and char itable associations, . In trust, . . . . Amount. 432 3 $59,516 91 2,075 00 8 102 299 00 13,675 79 1,514 $142,506 04 C om m onw ealth of M a s sa c h u s e t t s . B r is t o l , ss ., N ov . 6, 1889. Personally appeared Chester R. Field, Treasurer of the North Easton Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct statement of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, G e o . W . K e n n e d y , Justice o f the Peace. B r is t o l , ss ., N ov . 6, 1889. Personally appeared Fred’k L. Ames, President, and Oakes A. Ames, Wm. J. Twohig, Geo. K. Davis, W . K. Goward and Geo. Barrows, trustees of said corporation, and sev erally made oath that the annexed report is correct, according to their best knowledge and belief. Before me, G e o . W . K e n n e d y , Justice o f the Peace. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 434 B A N K CO M M ISSIO N ERS’ R E PO R T. N O R TH EN D [Jan S A V IN G S B A N K — BOSTON. Incorporated 1870. Present number of corporators, 28. T h o m a s L. J e n k s , President. H e r b e r t C. W e l l s , Treasurer. W m . C. W i l l i a m s o n , Clerk o f the Corporation. Names of committee charged with the investment of its funds : T h o s . L. J e n k s , W m . R o b in s o n , W m . G. S h i l l a b e r , C l in t o n Y i l e s , I n c r e a s e E. N o y e s , A . J. T a y Lo r , N a t h ’ l J. R u s t , F r ed ’k B . T a yl o r . Open for business every business day, 9 a .m . to 2 p .m ., and Saturday, for deposits only, till 8 P.M. B a l a n c e Sh e e t , O c t o b e r L ia b il it ie s . A ssets. Public funds as per schedule, . Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns (n o t e s ) ,.................................... Deposits in banks, on interest, . Expense account, Premium account, Cash on hand................................ 31, 1889. $40,000 122,944 33,500 61,000 542,248 75,575 00 76 00 00 00 00 7,500 59,000 1,694 1,959 1,833 00 00 65 00 05 Deposits, . Guaranty fund, Interest account, $947,254 46. $910,378 88 17,600 00 19,275 58 $947,254 46 Cash on Deposit in Banks, amount in each : — National Security Bank, B o s t o n ,.......................................................................$9,000 00 Metropolitan National Bank, Boston.................................................................... 30,000 00 20,000 00 Mechanics’ National Bank, B o s t o n , .............................................................. Loans on Bank Stock, amount on each : — On 10 shares Windham County National Bank, Brooklyn, Conn., On 1 share National Bank of South Reading, Wakefield, . On 1 share Washington National Bank, Boston, On 100 shares National Bank of Methuen, Methuen, . On 3 shares Central National Bank, Boston, . . . . On 34 shares Metropolitan National Bank, Boston, On 100 shares Essex National Bank, Haverhill, . . . . On 100 shares Essex National Bank, Haverhill, . . . . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $500 00 ^ 200 00 10,000 00 300 00 2,500 00 10,000 00 10,000 00 1890.] P U B L IC D O CU M EN T — No. 8. 435 Detailed Statement o f Public Funds. Par Value. Town of Mansfield, Mass., 4s, City of Des Moines, Iowa, 5s, of East Saginaw, Mich., 6s, Estimated Market Value. Amount Invested. $10,000 15.000 15.000 $10,200 00 15,375 00 15,750 00 $10,000 00 15.000 00 15.000 00 $40,000 $41,325 00 $40,000 00 No. of Shares. Detailed Statement o f Bank Stocks. 54 24 66 25 5 85 38 20 2 20 44 25 10 24 88 8 14 75 11 52 2 4 34 25 37 46 10 18 25 50 26 6 3 50 Par Value: Atlas National Bank, Boston, Boston National Bank, Boston, National City Bank, Boston, . N’l B’k of Commerce, Boston, N’l B’k of the Commonwealth, Boston, . . . . National Eagle Bank, Boston, Eliot National Bank, Boston, Everett Nat’l Bank, Boston, . Faneuil Hall N’l Bank, Boston, First National Bank, Boston,. Freeman’s N’l Brink, Boston,. Globe National Bank, Boston, N’l Hide & Leather B’k, Boston, Howard Nat’l Bank, Boston, . Market Nat’l Bank, Boston, . Massachusetts N’l B’k, Boston, Merchants’ N’l Bank, Boston, Metropolitan N’l B’k, Boston,. New England N’l B’k, Boston, North National Bank, Boston, Old Boston N’l Bank, Boston, N’l B’k of Redemption, Boston, Nat’l Revere Bank, Boston, . Second Nat’l Bank, Boston, . Shawmut Nat'l Bank, Boston, Shoe & Leather N’l B’k, Boston, State National Bank, Boston,. Suffolk Nat’l Bank, Boston, . Traders’ Nat’l Bank, Boston, . Third National Bank. Boston, Tremont Nat’l Bank, Boston,. National Union Bank, Boston, Nat’l Webster Bank, Boston, . First National Bank, Chelsea, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Estimated Market Value. $5,400 2,400 6,600 2,500 $6,385 2,928 6,270 3,200 500 8,500 3,800 2,000 200 2,000 4,400 2,500 1,000 2,400 8,800 800 1,400 7,500 1,100 5,200 200 400 3,400 2,500 3,700 4,600 1.000 1,800 2,500 5,000 2,600 600 300 5,000 850 00 8,755 00 4,940 00 2,040 00 286 50 4,850 00 4,554 00 2,462 50 1,200 00 2,640 00 8,800 00 2,180 00 2,037 00 7,800 00 1,782 00 7,228 00 238 00 538 00 4,216 00 4,375 00 4,699 00 4,335 50 1,210 00 2,074 50 2,375 00 5,225 00 2,951 00 858 00 300 00 6,500 00 50 00 00 00 jAmount Invested. $6,287 2,892 7,394 3,111 50 50 62 87 660 00 9,577 25 4,504 37 2,000 00 270 50 3,970 00 4,411 00 2,502 25 1,197 50 2,775 00 8,994 24 2,011 25 2,040 50 8,210 00 1,614 25 7,030 50 243 62 501 00 4,390 12 4<,005 50 4,517 50 5,805 00 1,237 50 2,137 25 3,237 76 5,121 99 3,360 25 847 50 317 25 5,767 42 $103,800 $121,083 50 $122,944 76 436 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. Detailed Statement o f Railroad Bonds. Par Value. Boston & Maine R.R. 7 s ,. Fitchburg R.R. 4^s, . . . Fitchburg R.R. 5s, . . Estimated Market Value. Amount Invested. $20,000 21,000 20,000 $22,100 00 21,000 00 21,600 00 $20,000 00 21,000 00 20,000 00 $61,000 $64,700 00 $61,000 00 Total Amount o f Loans with Each Specified Rate o f Interest, including Deposits in Banks on Diterest. Amount. Kate. Amount. Kate. $9,000 00 50,000 00 5,500 00 2£ per cent. 3 $9,750 00 416,975 00 60,750 00 4£ per cent. 5 “ 5£ “ 3 t9o “ Eate. Amount. $144,748 00 10,100 00 11,000 00 6 per cent. 7 8 “ Number of loans which are of an amount not exceeding $3,000 each, . 160 Aggregate amount of the s a m e , ....................................................................... $231,873 Total number of loans upon real e s t a t e , ............................................. 205 Gross amount of interest or profits received or earned, as per books, during year ending Oct. 31, 1 8 8 9 ,................................................................................. 40,694 Rate and amount of each semi-annual dividend during the 1 2 per cent., f 13,370 year ending Oct. 31, 1 8 8 9 ,...................................................... J 2 per cent., 1 14,733 Times for the dividends fixed by the by-laws: January 1 and July 1. Number of accounts opened during the year ending Oct. 31, 1889, . 803 Number of accounts closed during the year ending Oct. 31, 1889, . 273 Total number of open accounts Oct. 31, 1889, . . . . 3,240 Expenses of the corporation for the year ending Oct. 31, 1889 (exclusive of t a x e s ) , ...................................................................................................................... 5,147 Amount of deposits, not including dividends, received during the year end ing Oct. 31, 1889,................................................................................................... 444,484 Number of s a m e , ................................................................................. 5,149 Amount of withdrawals, including dividends, during the year ending Oct. 31, 1 8 8 9 , ............................................................................................................ 297,843 Number of same, ' .................................................................................3,348 Date of examination by commissioner: February 27. 00 55 80 81 28 94 43 Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 8 9 . Num ber. O f $50 and less, Exceeding $50, and more than $100, . Exceeding $i00, and more than $200, . Exceeding $200, and more than $500, . Exceeding $500, and than $1,000, . O f $1,000 or more, . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Number. Amount. 3,562 $61,388 81 696 56,436 23 404 63,851 01 309 106,314 83 93 85 65,921 79 90,572 27 5,149 $444,484 94 not not not less To the credit — Of women, both adult and minor, O f guardians, O f religious and char¡table associations, . In trust, . . . . Amount. 710 58 $89,335 96 5,406 22 58 640 7,865 00 75,744 83 1890.] 437 P U B L IC D O C U M E N T — No. 8 C o m m o n w e a l t h of M a s s a c h u s e t t s . S u ff o lk , s s ., N ov. 20, 1889. Personally appeared Herbert C. Wells, Treasurer of the North End Savings Bank, and made oath that the foregoing statement, by him subscribed, is a true and correct state ment of all the resources and liabilities of said institution, and that the answers made by him to the foregoing interrogatories contain the whole truth in reference to the matters to which they relate, according to his best knowledge and belief. Before me, J o h n H . C o l b y , N otary Public. S u f f o l k , s s ., N ov . 20, 1889. Personallyappeared Thos. L. Jenks, President, and Fred. B. Taylor, W . G. Shillaber, A . J. Taylor, Increase E. Noyes, John F. Colby and W m . C. Williamson, trustees of said corporation, and severally made oath that the annexed report is correct, according to their best knowledge and belief. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Before me, J o h n H. C o l b y , Notary Public. 438 B A N K CO M M ISSIO N ERS’ R E P O R T . [Jan. N O R TH M ID D L E S E X S A V IN G S B A N K — A Y E R . Incorporated March 11, 1885. Present number of corporators, 28. B e n j . H . H a r t w e l l , President. H . E . S p a u l d i n g , Treasurer. J a m e s R . G r a y , Clerk o f the Corporation. Names of committee charged with the investment of its funds : A n d r e w A twood, L. J. S p a u l d i n g , A lfred P ag e, E d w i n L. W h i t e , B. H . H a r t w e l l . Open for business every business day, 9 to 11 B a l a n c e Sh e e t , O c to b er A ssets. Bank stock as per schedule, Loans on bank stock, Railroad bonds as per schedule, Loans on real estate, . Loans on personal security, Loans to counties, cities or towns ( n o te s ),.................................... Deposit in bank, on interest, Deposit in bank, not on interest, Expense account, a . m