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ÿo. 8.
P U B L IC DO CU M EN T
EIGHTEENTH ANNEAL EEPOHT
OF TH E
B oard of Commissioners
SAYINGS BANKS.
1893.
P art I.
SAYINGS BANKS, INSTITUTIONS FOR SAYINGS, AND SAFE
DEPOSIT, LOAN AND TRUST COMPANIES.
BOSTON:
WRIGHT & POTTER PRINTING CO., STATE PRINTERS,
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Federal Reserve Bank of St. Louis
18 Post
O f f ic e
1894.
Square.
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Federal Reserve Bank of St. Louis
5 3A.I
M ss'fc
Commontocaitlr of lllassacbusitts.
O ff ice
B oard of C om m issioners of Sa v in g s B a n k s ,
C o m m o n w e a l t h B u ild in g , B oston , January 23, 1894.
of th e
To the Honorable the Senate and House o f Representatives in General Court
assembled.
The Board o f Commissioners o f Savings Banks has the honor
to present herewith the eighteenth annual report o f the con
dition o f the institutions placed by statute under its supervision.
B y the provisions o f chapter 126 o f the Acts o f 1890 the
report is made in two parts.
Part I , herewith presented, includes the following institu
tions : —
185 savings banks and institutions for sav
ings, with assets of
.
.
.
$424,579,334 38
23 safe deposit, loan and trust companies,
with assets o
f ..................................
92,947,301 40
1 trust company in the hands of a receiver,
with assets o
f ..................................
151,278 25
1 savings bank in the hands of a receiver,*
Part II. includes : —
116 co-operative banks, with assets of .
.
$17,085,921 93
of
429,452 65
2 mortgage loan companies, with assets of
1,912,005 53
g g
Making a total o f 330 institutions under the supervision o f
the board, with assets o f $537,105,294.14, — an increase in
institutions o f 5, and in assets of $8,561,217.81.
‘*
2 collateral loan companies, with assets
* See page x for a statement of the affairs of this institution.
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Federal Reserve Bank of St. Louis
[Pub. D oc.
R E P O R T O F TH E
IV
I n crease
in
I n s t it u t io n s .
The following
© table exhibits the increase in institutions during the year, with the dates o f incorporation and commence
ment o f business : —
Date of Incorpora
N ame .
tion.
Date of
Commencement of
Business.
Savings Banks.
City Savings Bank, Pittsfield,
.
.
Apr. 13, 1893, June
1, 1893.
June 14, 1892, May
4, 1893.
8, 1890, Nov.
7, 1892.
June 14, 1892, Sept.
1, 1893.
Trust Companies.
Beacon Trust Company, Boston,
Cambridge Safe Deposit and Trust Com
pany, Cambridge, .
.
.
.
.
Plymouth County Safe Deposit and Trust
Company, Brockton,
May
Co-operative Banks.
Nov. 2, 1892, Nov. 3, 1892.
June 20, 1893, June 21, 1893.
Middlesex Co-operative Bank, Lowell,
Mt. Washington Co-operative Bank, Boston,
The Palmer Co-operative Bank has discontinued business during the
year.
The Markets Savings Bank of Boston was chartered by the Legislature
March 25, 189.'?, but up to the time of this report had not commenced busi
ness and consequently is not included in this report.
D iv id e n d s .
H ates o f D ivid en d s , showing Comparisons ivith Oct. 3 1 , 1 8 9 2 .
Ordinary Dividends paid during the Y ear ending Oct.
5 savings banks paid at the rate of .
2
JQ
u
u
u
u
«
4
(l
u
u
u
u
154
1 savings bank paid no dividend.*
.
.
31, 1893.
. 5 per cent.
U
• 4.3
4.1
“
41
U
. 4
In
De
crease. crease.
-
2
1
-
-
-
1
-
8
185
Total amount of ordinary dividends for the year, $15,546,430 43
Total amount of extra dividends for the year, .
109,135 38
Average rate of ordinary dividends for the year, 4.09 -(- per cent.
* The City Savings Bank of Pittsfield, which commenced business during the year.
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Federal Reserve Bank of St. Louis
No. 8 .]
v
SA Y IN G S B A N K COM M ISSION ERS
Table showing A verage Rate o f D ividends each Year since 1 8 7 6 .
1876,
5.66 per cent.
1885,
4.14 per cent.
1877,
5.00
“
“
1886,
4.06
“
“
1878,
4.00
“
»
1887,
4.06
»
“
1879,
3.68
“
“
1888,
4.14
“
“
1880,
3.93
“
“
1889,
4 08
“
“
1881,
4.00
“
“
1890,
4.08
“
“
1882,
3.97
“
“
1891,
4.10
“
“
1883,
4.09
“
“
1892,
4.11
“
“
1884,
4.15
“
“
1893,
4.09
“
“
A ggregate
Showing
Statem ent
Increase or Decrease
of
L ia b il it ie s
an d
A ssets,
as compared with the year
ending
Oct. 3 1 , 1 8 9 2 .
Liabilities.
Amount Oct. 31,
C l a s s if ic a t io n .
Increase.
1893.
Percentage
of
Increase.
D e p o s i t s , ......................................
.
$399,995,569 81
$6,975,707 73
1.77
Guaranty fund...................................
.
15,743,022 40
1,197,367 77
8.23
508,099 44
6.10
Profit and loss account,
4,674,665 17
Interest account................................
3,628,219 85
Surplus account................................
264,450 78
Premium account,
100,610 96
Rent account.......................................
41,145 29
Due on incomplete mortgage loans,
73,067 05
Sundry liabilities,
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Federal Reserve Bank of St. Louis
58,583 07
$424,579,334 38
Ì
¡-
VI
R E P O R T O F TH E
[Pub. D oc.
A g g r e g a t e S t a t e m e n t o f L ia b il it ie s a n d A sse t s, e t c . —
Concluded.
Assets.
Amount
Classification .
Increase.
Decrease.
Oct. 31, 1893.
Public funds,
.
.
.
.
Loans on public funds,
Bank s t o c k ,......................................
Loans on bank stock, .
Railroad bonds..................................
Loans on railroad bonds,
.
Loans on railroad stock,
Railroad notes,
.
.
.
.
Real estate for banking purposes,
Real estate by foreclosure, .
Loans on real estate,
.
Loans on personal security,
Loans to counties, cities or towns (notes),
Loans on depositors’ books,
Sundry assets,
.
.
.
.
Expense account...............................
111
$56,431,236 26 $2,323,632 33
1,441,955 00
395,096 77
29,031,145 95
59,092 15
, 2,333,329 53
332,825 87
36,158,018
1,677,700
1,408,375
4,029,110
3,427,921
1,026,169
173,950,578
88,798,632
9,609,498
59,080
469,110
161,738
0 Œ2
© G 03
öl) 1/ œ
.2 S <3
52
596,570
00
977,050
00
42
669,110
88
198,368
01
00
8,095,941
87
78
203,541
00
8,961
34
1 24,318
54
18
00
__
_
_
-
$188,390 00
42
16
_
-
279,140 85
62
-
5,345,825 04
13.29
.34
6.84
.55
8.52
.40
.33
.95
.81
.24
40.97
20.91
40
00
-
2.26
.01
58
-
.15
-
Cash on hand : —
In banks, on interest,
.
In banks, not on inter
est,
.
.
.
.
In office, .
.
.
.
$12,678,834 16
639,262 64
1,247,637 48
610,022 35
$424,579,334 38
3.43
-
-
It will be observed from the foregoing table that the aggregate amount o f deposits is $399,105,569.81, an increase o f
$6,975,707.73 during the year. This large sum is represented
by 1,214,493 accounts, an average o f $329.35 to each depositor.
This increase in the aggregate o f deposits is much smaller
than that reported in 1892, and the falling off is undoubtedly
due to causes arising from the financial panic which has swept
over the country during the year. Many deposits were with
drawn for investment, many were withdrawn through fear, and
some were withdrawn to meet the actual demands o f subsistence.
The number o f deposits made during the year was 1,101,410,
a decrease o f 73,885 ; the amount deposited, $75,727,471.03, a
decrease o f $6,808,063.12.
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Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS B A N K COMMISSIONERS.
vii
The number o f withdrawals was 953,053, an increase o f
132,915, and the amount withdrawn, $84,403,075.29, an in
crease o f $10,744,837.36.
The amount withdrawn exceeded the amount deposited by
$8,675,604.26.
Dividends to the amount o f $15,655,565.81 have been
credited to depositors, an increase o f $1,033,771.24 during
the year.
The total assets o f the one hundred and eighty-five savings
banks are $424,579,334.38, an increase o f $8,681,174.94.
The increase and decrease in each particular item o f assets
may be observed from an inspection o f the foregoing table
and from the table o f comparative aggregates on pages 624
and 625. A few only call for special comment here. It will
be seen that the investments in bank stocks has increased but
$59,092.15, as against an increase o f $636,910.41 in 1892.
This small increase is greatly below the average increase for
the last ten years.
The amount loaned upon mortgages o f real estate is the
largest item o f the assets o f the banks, being $173,950,578.00,
and is about forty-one per cent, o f the total assets. The in
crease for the year is $8,095,941.62.
The decrease in the amount o f real estate held by foreclosure
is $279,140.85.
These results are gratifying and worthy o f m ention; for
while a good real estate loan is a safe and valuable security
for savings banks to hold, nothing requires more prudent
care, good judgment and foresight than the valuation o f real
estate upon which mortgages are to be made. The good
management o f the banks seems to indicate that this principle
has governed in the selection o f real estate loans; for the
amount o f real estate now held by foreclosure is less than for
any vear since 1875, and the amount so held has been reduced
yearly since 1879, when it amounted to $9,222,345.71.
Loans on personal security have decreased $5,345,825.04.
This result is undoubtedly due to the calling o f loans on the part
o f the banks when they became due, during the panic, and it is
a good illustration o f the familiar principle that when money is
needed to pay depositors the loan account is reduced. Loans
on personal security are authorized only when the funds cannot
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Federal Reserve Bank of St. Louis
viii
R E P O R T O F TH E
[Pub. D oc.
be advantageously invested in other investments, and as com
pared with the other assets o f a bank are on short time. It is
natural then that they should be among the first to be availed
of by the banks when it is necessary to provide the means to
pay depositors.
From the annual reports o f the one hundred and eighty-five
savings banks we compile the following statements : —
Comparative Statement o f L oan s on Personal Security.
Oct. 31, 1892.
Oct. 31, 1893.
«
Amount loaned on personal security, with
c o l l a t e r a l , ........................................... $47,455,465 44
Amount loaned on personal security, with
out colla tera l,...........................................
$45,816,037 20
46,688,992 47
42,982,595 67
$94,144,459 91
$88,798,632 87
Analytical Statement.
D e p o s its , W it h d r a w a l s , E tc .
Number of open a c c o u n t s , ......................................
Average amount to the credit of each account,
Number of deposits, .
.
.
Oct. 31, 1893.
Increase.
1,214,493
24,557
$329 35
.
1,101,410
Number of withdrawals...................................................
Am ount deposited (not including dividends),
953,053
.Average of withdrawals, .
Am ount of expenses, .
.
.
.
.
.
.
68 75
-
84,403,075 29 $10,744,837 36
88 56
.
132,915
-
.
.
-
$75,727,471 03
Average of d e p o sits,.........................................................
Am ount withdrawn (including dividends),
-
.
1,010,639 63
73,810 04
Decrease.
$1 02
73,885
-
$6,808,063 12
1 48
-
1 25
-
"Total earnings, ..................................................................
20,244,957 59
616,159 57
-
Total ordinary dividends,...............................................
15,546,430 43
943,307 80
-
Total extra dividends.........................................................
109,135 38
90,463 44
-
N um ber of loans of an amount lees than $3,000,
Number of loans on real estate security,*
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
56,421
1,328
-
63,200
1,802
-
Averaging $2,768.21 each.
No. 8.]
SAYINGS BANK COMMISSIONERS.
N o t ic e
of
IX
W it h d r a w a l .
Almost every bank has some provision in its by-laws requir
ing notice o f the intention o f the depositor to withdraw his
d ep osit; but the length o f time required in the notices varies
widely in different banks. Since it is undoubtedly true that
no institution which invests its funds in mortgages and other
time loans can meet all its obligations at a moment’s notice, the
object o f such a by-law is obvious, namely, to enable banks
to turn their assets in time o f great financial disturbance with
out loss. In requiring such a notice a bank is enabled to fix
the amount o f money which will be required to pay depositors
from day to day, and thus ample opportunity is afforded to
provide the means o f payment. During the financial crisis o f
the summer and fall many banks availed themselves o f the
right to require notice o f withdrawals under their by-laws.
One effect o f this action was that it determined in many
cases what the object o f withdrawal really was. In cases where
the money was needed to fulfil contracts, or for actual subsist
ence, the time limit was not insisted on, and the much-needed
relief was furnished without loss of time. In cases where the
depositor sought to withdraw his money through fear or for
purposes o f investment the full time was generally insisted on,
and in a very large number o f such cases it was noticed that
before the expiration o f the time limited the notice was with
drawn.
The experience o f the banks, however, developed the fact
that hardly any two by-laws requiring notice were alike, and
that in some cases amendments were required. The sugges
tion is made whether it may not be desirable for the banks to
take some action looking to uniformity in such by-laws, to the
end that time limit may be made the same in all the banks.
G uarantv F und .
The amount placed to the credit o f guaranty fund during the
year is $1,197,367.77. The total fund is now $15,743,022.40
or 3.9 per cent, o f deposits. Several banks have accumu
lated this fund until it has reached the limit o f five per cent,
required by law before it is available to pay losses, and the
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Federal Reserve Bank of St. Louis
X
R E P O R T O F TH E
[Pub. D oc.
question has arisen as to whether it is necessary to add further
to it. The Board believes that the object o f this law was to
create an emergency fund, which should be maintained at
five per cent, o f deposits and held to meet losses, and that
whenever it falls below five per cent, o f deposits, whether from
the payment o f losses or from the increase o f deposits, it
should be restored in the same manner as it was originally
created, by semi-annual additions out o f the earnings o f not
less than one-eighth nor more than one-fourth o f one per cent,
o f deposits. A ny other construction o f the statute would
enable a bank to build up its guaranty fund to five per cent,
o f deposits and never increase it afterwards. It would be
practicable for a bank o f small deposits, by persistent effort, to
raise its fund to the required amount and never add to it more,
no matter how large the deposits might afterwards become.
The result would be a bank with large deposits and dispropor
tionately small guaranty fund. This course, however, would
not be maintaining the fund at five per cent, o f deposits. The
limitation in the statute is one which has reference to the time
when the funds may be used and not to the limit o f accumula
tion o f the fund.
B y the terms o f the statute this fund cannot be used until it
has reached five per cent, o f deposits, when it is available to
pay losses from depreciation o f securities or otherwise. The
term “ otherwise ” is broad enough to cover losses o f any kind ;
but although this fund may be used to pay losses o f every
description, and without questioning the right o f banks to use
it at all times for that purpose, the Board believes it to be
wiser and better to charge off losses, as far as possible, from
the undivided earnings, and to preserve the guaranty fund for
extraordinary emergencies.
This course has generally been
followed by the banks, and its tendency is to maintain the fund
and to strengthen the standing o f the banks.
Stockbridge Savings JBanJc.
This is the only bank in the hands o f a receiver. The order
o f court appointing a receiver was passed April 10, 1891, and
since that time two dividends amounting in all to fifty per cent,
have been declared. The receiver’s administration o f the
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Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
xi
affairs o f this bank has been such as to call for much criticism
by the commissioners, and in one instance for the intervention
o f the court. A t an examination o f the bank in June, 1892,
it was found that the receiver had appropriated to his own
use $5,130 o f the bank’s funds, without authority o f court,
on the ground that it was in part payment o f his services as
receiver. The facts were called to the attention o f the court
and he was informed that such appropriation o f funds was a
gross contempt o f court, and was ordered to refund the money
at once.
In December, 1892, it was announced by the then receiver
that a further dividend o f twelve and a half per cent, would
be declared and paid about Christmas time, and a request was
made that this Board would make application to the court for
the declaration o f the same.
On examining the statement submitted Irp the receiver the
Board found that there were not sufficient funds on hand to
pay the proposed dividend, and consequently could not assent
to it.
Much o f the time since, the commissioners have been trying
to obtain information as to the exact whereabouts of the re
ceiver, with a view to an examination o f his affairs, but until
late in the summer had been unable to place him. In October
it was found that he had returned home, and one o f the
commissioners charged with making an examination went to
Stockbridge, but after two days’ effort could get no interview
with him, and could make no examination. Having tried re
peatedly during the summer to get into communication with
the receiver without success, and being unable to make an
examination o f the affairs o f the bank, the commissioners were
unwilling that sickness, either real or feigned, should interfere
further with the progress o f closing up the bank’s affairs, and
made application for his removal. A ccordingly, on the twentyfourth day o f October, 1893, the application was granted and
W illiam C. Spaulding, E sq., o f W est Stockbridge was ap
pointed receiver in his stead, and an order issued to the old
receiver to turn over to the new receiver all the books,
securities and other property o f the bank. Then began a
series o f remarkable tactics to delay and obstruct the new
receiver in obtaining the property o f the bank.
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Federal Reserve Bank of St. Louis
Xll
R E P O R T O F TH E
[Pub. D oc.
Mr. Spaulding qualified by giving bond on the twelfth day
of November, 1893, and immediately made a demand in writ
ing upon Mr. Hobbs for all the property o f the bank. He was
met by the excuse that Mr. Hobbs was too sick a man to attend
to the matter, and had gone to Boston for medical treatment.
Thereupon the receiver redoubled his efforts to obtain posses
sion o f the property o f the bank, making repeated demands in
writing and travelling about in search o f Mr. Hobbs, in order
to get an interview with him and to make his demand in person.
His efforts were without avail, and on the twenty-first day o f
December, still ignorant o f Mr. H obbs’ whereabouts, he was
obliged to make application to the court for an order compel
ling Mr. H obbs’ appearance to show cause why he should not
com ply with the court’s order to turn over the property o f the
bank to the new receiver. The hearing was fixed for the 29th
o f D ecem ber; but not knowing just wdiere Mr. Hobbs was, no
service could be made in time, and the hearing was postponed
to Jan. 9, 1894.
In the meantime service w7as made, and
thereupon appointments were made with the new7 receiver to
deliver up the property o f the bank to him, but as frequently
broken on the ground o f sickness. Finally, on the day before
the last appointment was to be kept, the receiver wras informed
that Mr. Hobbs had been run over, both legs crushed, and that
amputation would follow. This statement was made to the
court on the 9th o f January, and counsel were asked to obtain
a physician’s certificate of the fact, and present the same to the
court on Friday, January 12. No certificate, however, could
be obtained, and the new receiver who went to the house with
two reputable physicians was peremptorily refused admission
to Mr. Hobbs. The court thereupon issued its capias for the
arrest of Mr. H obbs, and he was brought into court on the
K>th o f January, when it appeared that he was short in his
accounts to the extent o f $21,000, that the alleged crushing of
his legs was not true, and that he had apparently been simulat
ing sickness in order to avoid turning over the property o f the
bank. He was sentenced to six months’ imprisonment for con
tempt, and is now in confinement.
It cannot be stated with accuracy, at the present time, what
the amount o f shortage is. The books o f the bank are being
examined by an expert accountant, and when the amount is
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Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
xiii
ascertained some action will probably be taken towards secur
ing the amount o f shortage from the bond.
In the meantime the new receiver is making up his schedules
and collecting together the remaining assets o f the bank, and
when sufficient money has been realized to warrant the pay
ment o f a dividend, the court will be asked to order the same.
No time can now be set, even approximately, when this will be,
but the depositors are assured that no unnecessary delay will
be allowed to prevent its being paid as soon as practicable.
The strange and headstrong conduct o f the late receiver in
opposing the commissioners and the court in their efforts to get
possession o f the property o f the bank discloses a wilful and
deliberate contempt o f the authority o f public officers and a
shameful lack o f appreciation o f the rights o f the depositors of
the bank.
The delay occasioned by the late receiver and his maladminis
tration o f the bank has been a source o f much dissatisfaction
and complaint on the part o f the depositors, and the foregoing
account has been made thus full in order that the public may
know where the blame for the delay belongs. On account o f
the misappropriation o f the funds o f the bank and the mixed
condition o f its accounts the Board is unable to give the usual
statement o f condition in this report. Not until the expeit
has made a full and complete examination of the accounts and
discovered the exact amount o f the deficiency can an accurate
statement o f condition be ascertained.
T rust
C o m p a n ie s .
During the financial stringency which prevailed during the
summer but one institution in the State was obliged to suspend,
and this not on account o f being unable to meet all its obliga
tions in full, but from an inability to obtain currency to meet
withdrawals.
The New Bedford Safe Deposit and Trust Company closed
its doors on the fifth day o f August, 1893. On an examination
o f its condition the commissioners found it perfectly solvent
and able to meet all its obligations. A temporary injunction
was issued restraining it from paying out money, and allowing
it to collect and realize on its assets with a view to reopening.
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Federal Reserve Bank of St. Louis
X IV
R E P O R T O F TH E
[Pub. Doc.
On the fifth day o f October, after having been closed for
two months, this institution reopened its doors and has been
doing business ever since. Its deposits are steadily growing
and it appears to have the confidence o f the community.
In the opinion o f the Board a great mistake is made by some
o f the trust companies in allowing interest on small deposits.
The commissioners have frequently called the attention o f
the trust companies to the fact that to allow interest on small
deposits is not good business policy, and is not practised by
the larger institutions. No considerable gain accrues from such
a transaction. The time and clerical help required to keep
these accounts far outweigh any profit which the company
receives from the use o f the money. It is urged by the trust
companies that to allow interest on small deposits attracts the
small tradespeople to open accounts who wrnuld never do so
but tor the promise o f interest. It seems to this Board that
the small tradesman could be just as easily induced to place his
money on deposit, by holding out to him the security offered
by a safe place in which to keep his money and the accommo
dation furnished him o f drawing checks against his account, as
by the promise o f an inconsiderable sum in interest. The
element o f safety and business accommodation far outweighs
the small amount o f interest credited to the account. One o f
the smaller trust companies has recently limited the amount on
which it will allow interest and so far as known has not lost its
customers or had any complaint made o f the injustice o f the
action. W e strongly recommend, therefore, the adoption by all
trust companies o f a limit upon which interest is allowed.
Such a course we believe would strengthen the companies, entail
less labor upon them, and would not be unjust to the customer.
The law relating to trust companies, chapter 413, Acts o f
1888, section 18, gives authority to these companies to hold
real estate suitable for the transaction o f their business to an
amount not exceeding twenty-five per cent, o f their capital,
and in no case to exceed $250,000.
There are but three trust companies doing business under
this law which hold real estate under this section, and the
question has recently arisen as to what is meant by the expres
sion “ to hold real estate.” One company, with a capital stock
o f $100,000, has invested $25,000 in a building and assumed
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
XV
mortgages to the amount o f $40,000, which makes the value
o f the real estate held by the company $65,000. In addition
to these amounts, it has invested $25,000 in its safe deposit
vaults and $10,750 in furniture and fixtures. Thus it will be
seen that although the books show but $25,000 invested in real
estate, the value o f the same is much larger, while the sums
invested in its safe deposit vaults and furniture make the
whole amount at stake in this one piece o f property more than
the amount o f its capital stock. The Board believes that the
intention o f the \i\w was to limit the amount o f value o f real
estate which a company should hold free from all incumbrances
to twenty-five per cent, o f its capital, and that it should not
become liable for further amounts held on mortgage.
The question is o f sufficient importance to call to the atten
tion o f the Legislature, and it is respectfully recommended that
the law be so amended that no uncertainty or ambiguity shall
remain.
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Federal Reserve Bank of St. Louis
Surplus
Date of
N a m e of C o m p a n y .
Capital.
Incorporation.
American Loan and Trust Company, Boston,
.
.
.
.
or Guaranty
Cash on
Undivided
Deposits.
Trust Funds.
Earnings.
Fund.
Hand and in
Banks.
Mar. 12, 1881,
$1,000,000 00
$500,000 00
$123,794 46
$4,090,943 30
Bay State Trust Company, Boston................................ .........
April 4, 1887,
200,000 00
25,000 00
50,660 03
1,502,482 18
-
Beacon Trust Company, B o s t o n , .........................................................
June 14, 1892,
200,000 00
-
13,314 33
212,723 17
«
B . M . C. Durfee Safe Deposit and Trust Company, Fall River,
.
Mar. 16, 1887,
400,000 00
-
75,398 37
1,044,204 43
$35,000 00
217,456 97
Boston Safe Deposit and Trust Company, Boston,
.
April 13, 1867,
1,000,000 00
4,075,083 04
_
1,768,609 12
.
263,021 80
5,859,744 75
Cambridge Safe Deposit and Trust Company, Cambridge,
.
May
8, 1890,
100,000 00
800,000 00
-
14,759 95
220,354 02
Gloucester Safe Deposit and Trust Company, Gloucester,
.
Feb. 20, 1891,
100,000 00
-
20,833 78
279,840 60
$1,398,100 32
-
515,037 07
91,047 98
73,848 09
35,919 49
Haverhill Safe Deposit and Trust Company, Haverhill,
Mar. 24, 1891,
200,000 00
20,000 00
9,712 05
165,172 13
International Trust Company, B o s t o n , ...............................................
Mar. 25, 1879,
1,000,000 00
800,000 00
265,211 81
4,829,694 28
Lowell Trust Company, Lowell..................................................................
May 23, 1890,
125,000 00
20,702 19
1,114,591 57
Lynn Safe Deposit and Trust Company, Lynn,
April 20, 1887,
100,000 00
50,000 00
8,045 19
513,934 28
-
79,681 38
Feb. 24,1818,
500,000 00
158,077 81
1,224,492 05
20,063,280 92
-
367,395 16
200,000 00
359,470 53
.
.
.
Massachusetts Hospital Life Insurance Company, Boston,
Massachusetts Loan and Trust Company, Boston, .
.
.
.
.
.
Mattapan Deposit and Trust Company, South Boston, .
Mercantile Loan and Trust Company, Boston,
.
.
.
.
June
3, 1870,
1,000,000 00
Mar.
7, 1891,
100,000 00
May 29, 1888,
250,000 00
-
10,563 62
67,140 75
1,505,864 95
_
13,915 56
321,051 09
_
16,206 42
425,478 81
N ew Bedford Safe Deposit and Trust Company, N ew Bedford, .
Mar.
2, 1887,
200,000 00
12,105 06
305,422 78
N ew England Trust Company, B o s t o n ,................................................
April 22, 1869,
1,000,000 00
1,000,000 00
444,005 84
12,087,177 63
500,000 00
210,248 53
8,426,137 00
512 16
43,426 55
-
_
1,113,388 63
-
73,210 58
_
1,895,503 18
_
22,668 77
666,855 64
282,372 50
75,246 77
154,810 25
101,117 73
4,310,022 05
Old Colony Trust Company, B o s t o n , ................................................
May
8, 1890,
1,000,000 00
Plymouth County Safe Deposit and Trust Company, Brockton, .
June 14, 1892,
100,000 00
Security Safe Deposit and Trust Company, Lynn,
April 26, 1890,
200,000 00
45,000 00
15,115 87
651,900 83
100,000 00
31,888 89
1,311,347 35
57,774 51
271,605 96
12,935 52
962,344 99
129,197 47
227,441 15
June 18, 1885,
300,000 00
April 13, 1891,
300,000 00
Worcester Safe Deposit and Trust Company, Worcester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Mar. 16, 1868,
200,000 00
$9,575,000 00
100,000 00
24,408 56
3,674,723 62
2,863 11
114,493 71
37,722 30
1,871,057 82
129,726 69
331,960 67
$4,308,641 43 $2,951,742 91
$67,808,175 43
$7,533,292 66
$15,142,748 04
[Pub. D oc.
Springfield Safe Deposit and Trust Company, Springfield, .
State Street Safe Deposit and Trust Company, Boston,
-
R E P O R T O F TH E
.
xvi
L ist o f S a fe D eposit , L oan and Trust Companies chartered by this Commonwealth and now transacting B u sin ess , giving
the A m ou n t o f Capital , Su rplu s , D eposits , TVttsi F u n d s , efc., Oci. 3 i , 1 8 9 3 .
No. 8.]
SAVINGS BANK COMMISSIONERS.
X Y ll
Suffolk Trust Company.
This company was enjoined by the Supreme Judicial Court,
Sept. 3, 1891.
It must not be supposed, however, that because it has been
in the hands o f a receiver for over two years the liquidation o f
its assets has been unnecessarily delayed. The character o f its
paper, the difficulty o f transferring its various trusts, as well as
the many legal questions arising through its relation with out
side affairs, have all been a source o f much anxiety and trouble
to the receiver. The assets have been so far collected as to
warrant the declaration o f a dividend o f thirty per cent, which
was allowed by the court Aug. 25, 1893.
The character o f the assets remaining in the receiver’s hands
and the changes which have been made in them are exhibited
in the following table : —
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Federal Reserve Bank of St. Louis
xviii
Changes in A ssets o f Suffolk Trust Com pany — N o v . 1 , 1 8 9 2 , to Oct. 3 1 , 1 8 9 3 .
D isp o sitio n op A ssets as sh o w n b y R epobts
of R e c e iv e r .
Amount
C H A R A C T E R OF ABBJfiXB.
Oct. 31, 1892.
$50,133
30,720
5,243
24,273
12,315
580
777
4,193
446
11,238
3,347
19,303
447
49,542
35
00
14
21
00
25
85
90
88
29
52
87
22
67
$5,319 47
$1,067 33
30 00
95 65
$5,319 47
$139 08
5,645 05
48 00
269 95
972 50
5,915 00
48 00
16 70
48 07
232 02
26 63
267 00
111 80
$2,240 18
$13,271 24
25 00
215 32
Cash balance Oct. 31, 1893,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$425 73
$66,486 24
$5,326 97
59,630 26
25 00
267 00
111 80
49,542 67
1,786 53
71 35
2,240 18
1,352 95
Amount
Oct. 31, 1893.
$44,813
30,720
3,890
24,273
6,400
532
777
4,168
446
11,006
3,347
19,036
335
88
00
19
21
00
25
85
90
88
27
52
87
42
-
-
64,957 23
$1,529 01
1,529 01
$151,278 25
[Pub. Doc
Total receipts to Oct. 31, 1893,
Less expenses for year, .
thirty per cent, dividend,
Total Credits
on
Principal.
1,213 87
$212,563 15
Received interest on deposits,
Received from trusts,
Received from interest on loans, etc,,
Charged off.
Interest
Collected.
REPORT OE THE
Time loans...............................................
Demand loans..........................................
Tax sale certificates,
Coupon account.....................................
Mortgage loans,
.
.
.
.
Bills receivable,
.
.
.
.
Overdrafts................................................
Furniture, etc.,
.
.
.
.
Teller’ s memoranda,
Real estate equi ti es, .
.
.
.
Due from agents,
.
.
.
Foreclosure account,
Maverick National Bank,
C a s h ,.........................................................
Received in
Cash.
No. 8.]
SAVINGS BANK COMMISSIONERS.
xix
C o n c l u s io n .
The Legislature o f 1893, having authorized the Board to
compile the laws relating to Savings Banks and Institutions for
Savings and to report to the present Legislature, no sugges
tions or recommendations for legislation in regard to such
institutions are made in this report. Whatever amendments
in the opinion o f the commissioners are required will be sug
gested in their special report on the compilation o f the savings
bank laws, to be submitted later in the session.
In the following pages will be found a detailed statement of
the condition o f each institution at the close oi business Oct.
31, 1893, together with the laws relating to savings banks and
trust companies corrected to date.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
WM. D. T. TREFRY,
STARKES WHITON,
SAMUEL O. LAMB,
Board of Commissioners o f Savings Banks
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
ABSTRACT OF ANNUAL REPORTS
or
SA Y IN G S
BANKS
TH E
AND
INSTITUTIONS
FOR SA Y IN G S,
S H O W IN G T H E IK
CONDITION AT THE CLOSE OF BUSINESS
O ctober
M ade
in
C onformity
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
to the
31, 1893.
R equirements
A cts
of
1888.
of
Chapter 127
of the
2
E E P O E T O F TH E
[Pub. D oc.
A B IN G T O N S A V IN G S B A N K — A B IN G T O N .
Incorporated March 17, 1853.
Present number of corporators, 76.
O tis W . S o u le , President.
G eorge A. B e a l , Treasurer.
G eorge A. B e a l , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
S ilas B. D ic k e r m a n ,
O tis W . S o u l e ,
W il l ia m B r o w n ,
Joseph L. G r ee n w o o d ,
John W . S proul ,
G eo . L. R ic h a r d s o n .
Open for business every business day, 9 a . m . to 12 m . ; 1 to 4
p .m .
B a l a n c e S h e e t O c t o b e r 31, 1893.
A ssets.
L iabilities .
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,
Loans to counties, cities or towns
(notes).........................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Lawrence Duck Co. stock,*
Furniture and fixtures,
Store fixtures,
.
.
.
.
Cash on hand,
.
.
.
.
$36,000
134,850
800
142,000
00
00
00
00
44,000
23,582
973,201
256,045
00
50
21
48
59,500
200
46,329
401
6,000
1,000
1,000
1,947
00
00
02
29
00
00
00
06
Deposits, .
Guaranty fund,
Interest account,
Real estate income
account,
Surplus, .
$1,726,856 56
$1,624,468 36
72,000 00
29,132 90
446 73
808 57
$1,726,856 56
* Taken to secure indebtedness.
Cash on Deposit in Banks, amount in each: —
Abington National Bank, A b i n g t o n ,............................................................... $19,918 47
National Bank of Redemption, B o s t o n , ......................................................
26 410 55
Loan on Bank Stock : —
On 10 shares First National Bank, Rockland,
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Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS
3
Abington Savings Bank — Continued.
Detailed Statement o f Publio Funds.
Par Value.
Town of Abington, Mass., 4s, .
City of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 5s,
of Springfield, Ohio, 4|s,
of Springfield, Ohio, 5s,
Estimated
Market Value.
$18,000
5.000
3.000
5.000
5.000
$18,000
5,400
3,150
5,050
5,235
$36,000
$36,835 00
00
00
00
00
00
Amount Invested.
$18,000
5.000
3.000
5.000
5.000
00
00
00
00
00
$36,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
60
40
74
75
12
25
19
59
50
50
68
150
100
100
38
22
110
45
50
10
50
32
47
38
32
2
Par Value.
Abington N’l Bank, Abington,
First National Bank, Adams, .
Boston Nat’l Bank, Boston,
Blackstone N’l Bank, Boston, .
Central Nat’l Bank, Boston, .
Continental N’l Bank, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
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,.
Mt. Vernon N’ l Bank, Boston,
North National Bank, Boston,
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Second National Bank, Boston,
Shoe & Leather N’l B’k, Boston,
South End Nat’l Bank, Boston,
State National Bank, Boston, .
Nat’l Webster Bank, Boston, .
First National Bank, Danvers,
Old Colony N’l B’k, Plvmouth,
First Nat’l Bank, Rockland, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,000
4,000
7,400
7,500
1,200
2,500
1,900
5,900
5,000
5,000
6,800
15,000
10,000
10,000
3,800
2,200
11,000
4,500
5,000
1,000
5,000
3,200
4,700
2,850
3,200
200
$134,850
Estimated
Market Value.
$7,680
6,000
6,882
6,768
1,845
2,868
1,805
6,814
4,600
5,700
7,174
14,850
14,300
9,750
5,020
2,398
13,805
6,637
9,050
900
4,250
3,304
4,300
3,040
4,800
210
00
00
00
75
00
75
00
50
00
00
00
00
00
00
75
00
00
50
00
00
00
00
50
00
00
00
$154,753 75
Amount Invested.
$6,000
4,000
7,400
7,500
1,200
2,500
1,900
5,900
5,000
5,000
6,800
15,000
10,000
10,000
3,800
2,200
11,000
4,500
5,000
1,000
5,000
3,200
4,700
2,850
3,200
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
CO
$134,850 00
4
EEPOET
O F TH E
[Pub. D oc
Abington Savings Bank — Continued.
Detailed Statement o f Bailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Eastern R.R. 6s,
. . .
Leeds & Farmington R.R. 6s, .
Old Colony R R. 4s,.
Portland & Ogdensburg R.R. 6s,
Maine Central R.R. 4s,
Concord & Montreal R.R. 4s, .
Upper Coos R.R. 4±s,
$22,000
29.000
25.000
1,000
15.000
5.000
10.000
30,000
5.000
$142,000
Estimated
Market Value.
$22,000
28,710
29,250
1,030
15,000
5,450
9,800
29,700
5,000
Amount Invested.
00
00
00
00
00
00
00
00
00
$145,940 00
$22,000
29.000
25.000
1,000
15.000
5.000
10.000
30,000
5.000
00
00
00
00
00
00
00
00
00
$142,000 00
Total Amount o f Loans, with Each Specif ed Rate o f Interest.
Amount.
$46,329
4,000
47.000
15.000
02
00
00
00
Rate.
2£ per cent.
4
44
4|
Amount.
$25,000
253,000
10,200
150,730
Rate.
00
00
00
00
4J per cent.
5
“
5i
“
H
“
Amount.
$47,000
722,216
5,600
10,000
Rate.
00
69
00
00
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the same......................................................................................
Net income received from same during year ending Oct. 31, 1893,
Value, by books, of other real estate held or owned by foreclosure or
o th e r w is e ,............................................................................................................
Assessed value of the same......................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 674
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real estate,
.
.
.
.
.
. 674
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 9 3 , .................................................................................
Times for the dividends fixed by the by-laws : first Tuesday in April and
October.
Rate and amount of each semi-annual dividend during the i 2| per cent., r
year ending Oct. 31, 1 8 9 3 ,...................................................... j 2| per cent., j
Number of accounts opened during the year ending Oct. 31, 1893,
. 337
Number of accounts closed during the year ending Oct. 31, 1893,
. 314
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,664
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
5| per cent.
6
“
7
8
“
$44,000
44,000
39,000
1,329
00
00
00
52
23,582 50
22,250 00
488 80
675,961 69
13,902 90
93,152 59
35,911 22
35,960 16
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
6
R E P O R T O F TH E
[Pub. D oc.
A M H E R ST S A V IN G S B A N K — A M H E R ST .
Incorporated April 5, 1864.
Present number of corporators, 15.
E. F. C o o k , President.
E . D. Bangs, Treasurer.
G e o r g 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 ,
L. D. H i l l s ,
W . E. B r id g m a n ,
B. F. K e n d r i c k .
Open for business every business day, 9
a .m
. to 12 m . ; 1.30 to 4 p . m .
B alance Sheet October 31, 1893.
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 or towns
(notes), . ' .
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Cash on hand,
.
.
.
.
Liabilities .
$181,718
225,108
24,140
144,800
60
84
00
00
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$1,788,265 93
70,654 00
52,238 09
15.000 00
1,055,909 00
143,579 05
79,150
2,800
33,920
5.000
31
00
00
64
00
89
$1,911,158 02
$1,911,158 02
Cash on Deposit in Banks, amount in each : —
First National Bank, Amherst,
Agawam National Bank, Springfield,
Pynchon National Bank, Springfield,
City National Bank, Holyoke,
.
$15,920 64
5.000 00
.
.
10,0 00 00
8.000 00
Loans on Bank Stock, amount on each : —
On 5 shares Palmer National Bank, Palmer,
On 21 shares City National Bank, Worcester,
On 28 shares Ware National Bank, Ware, .
On 3 shares First National Bank, Amherst, .
On 8 shares First National Bank, Easthampton, .
On 200 shares Broadway National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$500 00
I
2,540 00
I
1,100 00
20,000 00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS
7
Amherst Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Akron, Ohio, 5s, .
of Bangor, Me., 6s, .
of Chicago, 111., 4s, .
of Cleveland, Ohio, 5s,
of Fall River, Mass., 6s, .
of Pawtucket, R. I., 5s, .
of Saginaw, Mich., 4^s, .
Town of Beverly, Mass., 4s, .
of Clinton, Mass., 4s,
of Marblehead, Mass., 4s,
of Adams, Mass , 5s,
City of Northampton, Mass., 4s,
of Rutland, Vt., 4s, .
$25,900
20,000
20,000
7,000
8,000
3,000
20,000
10,000
20,000
15,000
10,000
3,000
20,000
$181,900
Estimated
Market Value.
$27,195
20,200
20,000
7,350
8,400
3,210
20,800
10,000
20,000
15,000
10,100
3,000
20,000
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$25,900
20,000
19,875
7,000
8,000
3,000
20,000
10,000
20,000
15,000
10,000
2,943
20,000
00
00
00
00
00
00
00
00
00
00
00
60
00
$185,255 00 $181,718 60
No. of
Shares.
Detailed Statement o f Bank Stocks.
100
50
23
10
80
45
94
56
100
100
133
130
129
5
30
80
125
117
38
116
100
Par Value.
First National Bank, Amherst,
First National Bank, Barre, .
Suffolk Nat’l Bank, Boston, .
N’l Hide & Leather B’k, Boston,
N’l B’k of the Republic, Boston,
Conway Nat’l Bank, Conway,.
First N’l Bank, Easthampton,.
Franklin Co. N’l B’k, Greenfield,
Holyoke Nat’l Bank, Holyoke,
City National Bank, Holvoke,
Northampton National Bank,
Northampton,
Hampshire Co. National Bank,
Northampton,
First Nat’l B’k, Northampton,
Berkshire N’l B’k, No. Adams,
National Bank of Commerce,
New London, Ct.,
First Nat’l Bank, Norwich, Ct.,
Second N’l Bank, Norwich, Ct.,
Thames N’l B’k, Norwich, Ct.,
Palmer Nat’l Bank, Palmer, .
Agawam N’l B’k, Springfield..
Chapin N’l Bank, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
5,000
2,300
1,000
8,000
4,500
9,400
5,600
10,000
10,000
Estimated
Market Value.
$15,500
5,600
2,415
1,100
12,800
5,625
13,160
6,160
15,500
11,500
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$14,910
5,000
2,771
1,107
10,095
4,493
10,928
6,430
10,800
10,930
00
00
62
00
50
33
00
00
00
00
13,300
21,945 00
13,504 00
13,000
12,900
500
15,600 00
15,480 00
500 00
15,383 00
17,176 00
500 00
3,000
8,000
12,500
11,700
3,800
11,600
10,000
3,900
10,000
15,625
17,550
5,700
12,180
15,000
3,660
8,000
14,825
16,101
5,306
11,600
12,703
00
00
00
00
00
oo
00
00
00
00
00
50
00
00
8
R E P O R T O F TH E
[Pub. Doc.
Am herst Savings Bank — Continued.
No. of
Shares.
Detailed Statement of Bank Stocks — Concluded.
70
56
8
40
25
10
28
Par Value.
First Nat’l Bank, Springfield, .
Crocker N’l B’k, Turner’s Falls,
Ware National Bank, Ware, .
City Nat’l Bank, Worcester, .
Citizens’ Nat’l B’k, Worcester,
Mechanics’ N’l B’k, Worcester,
National Pahquioque Bank,
Danbury, Ct.,
$7,000
5,600
800
4,000
2,500
1,000
Estimated
Market Value.
$8,750
7,000
960
6,000
3,250
1,150
00
00
00
00
00
00
Amount Invested.
$8,730
5,864
988
5,120
3,062
1,250
00
39
00
00
50
00
2,800
3,920 00
3,870 00
$189,800
$253,870 00
$225,108 84
Detailed Statement o f Railroad Bonds.
Par Value.
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
Boston, Revere Beach & Lynn R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4s, .
$10,000
25.000
25.000
43.000
7,000
35.000
$145,000
Estimated
Market Value.
$10,000
26,000
26,500
43.000
7,280
35.000
00
00
00
00
00
00
Amount Invested.
$10,000
25.000
25.000
43.000
7,000
34,800
00
00
00
00
00
00
$147,780 00 $144,800 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Kate.
Amount.
Rate.
$10,920 64
10,000 00
87,950 00
3 per cent.
4
“
4è
“
$40,700 00
1,061,408 05
40,360 00
4| per cent.
5
“
6*
“
Amount.
$86,826 00
1,334 00
Kate.
6 per cent.
7
Amount invested in real estate for banking purposes,.................................... $15,000 001
Estimated value of the same....................................................................................
15,000 00
Assessed value of the s a m e ,.................................................................................
9,500 00Net income received from same during year ending Oct. 31, 1893,
.
.
852 31
Number of loans which are of an amount not exceeding $3,000 each,. 534
Aggregate amount of the s a m e , .........................................................................
507,251 05
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
9
Amherst Savings Bank — Concluded.
Total number of loans upon real estate....................................................... 566
Amount o f investments from which no income is received, .
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ............................................. «
•
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., ^
year ending Oct. 31, 1893.......................................................... 1 %^ per cent., {
Number of accounts opened during the year ending Oct. 31, 1893,
. 649
Number of accounts closed during the year ending Oct. 31, 1893,
. 438
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,381
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .......................................................................................... 3,778
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of same................................................................................................2,833
Date of examination by commissioner : June 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$500 00
90,476 56
32,293 71
38,213 63
4,463 21
316,953 91
262,913 96
10
R E P O R T O F TH E
ANDOVER
S A V IN G S
Incorporated April 2, 1834.
[Pub. D oc.
BANK — ANDOVER.
Present number of corporators, 41.
M oses F oster , President.
John F . K im b a l l , Treasurer.
John F . K im b a l l , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
M oses F oster ,
Jam es P. B u t t e r f ie l d ,
P e te r D. S m it h ,
J. T y l e r K im b a l l ,
L e w is T. H a r d y .
Open for business every business day, 9 a . m . to 12
Balance
Sheet
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,
Real estate by foreclosure, .
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Cash on hand..................................
m.
; 2 to 4
p .m .
31, 1893.
Liabilities .
$316,500
80
312,425
1,212
675,987
9,990
1,054,539
77,652
100
24,033
1,216
8,369
00
00
00
50
50
00
36
00
00
52
45
87
Deposits, .
Guaranty fund,
Interest account,
$2,482,106 20
$2,282,524 54
97,000 00
102,581 66
$2,482,106 20
Cash on Deposit in Banks, amount in each : —
Andover National Bank, Andover,
t
.................................... $4,216 45
Blackstone National Bank, B o s t o n , ......................................................
.
21,033 52
Loan on Public Funds : —
On $100 City of Boston, Mass., 4
s , ...............................................................
$80 00
Loans on Bank Stock, amount on each : —
On 5 shares Andover National Bank, A n d o v e r ,............................................. $500 00
On 2 shares Andover National Bank, A n d o v e r ,.............................................
200 00
On 10 shares National Bank of the Republic, Boston,....................................
512 50
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8 .]
11
S A Y IN G S B A N K CO M M ISSION ERS.
Andover Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Belfast, Me., 6s, .
of Boston, Mass., 4s,
of Cambridge, Mass., 6s, .
of Chelsea, Mass., 6s,
of Chicago, 111., 4s, .
of Fall River, Mass., 6s, .
of Lewiston, Me., 6s,
of Lynn, Mass., 4s, .
of Norwich, Conn., 6s,
of Portland, Me , 6s,
of Salem, Mass., 6s, .
of Sioux City, Iowa, 4 is ,.
County of Rockingham, N. H., 4s, .
Town of Andover, Mass., 4s, .
of Melrose, Mass., 4s, .
of Peabody, Mass., 4s, .
$17,000
50,000
2,000
12,000
75,500
11,000
4,000
25,000
30,000
21,000
3,000
15,000
10,000
5,000
26,000
10,000
$316,500
*
Estimated
Market Value.
$17,850
50,000
2,100
12,480
75,500
11,660
4,250
25,000
31,500
23,100
3,150
15,000
10,000
5,000
26,000
10,000
Amount Invested.
$17,000
00
50,000
00
2,000
00
12,000
00
75,500
00
11,000
00
00 4,000 00
25,000
00
30,000
00
21,000
00
3,000
00
15,0U0
00
10,000
00
5,000
00
26,000
00
10,000
00
$322,590 00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$316,500 00
A legal investment when made.
Detailed Statement o f Bank Stocks.
Oo
Par Value.
fc 53
316
40
147
27
100
84
112
100
100
50
120
300
225
100
100
100
263
6
60
154
58
Andover Nat’l Bank, Andover,
Atlas National Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Continental N’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
Massachusetts N’l B’k, Boston,
Merchants’ Nat’l Bank, Boston,
Metropolitan N’l B’k, Boston,
National Bank of the Commonwealth, Boston, .
N’l B’k of the Republic, Boston,
National City Bank, Boston, .
National Eagle Bank, Boston,
N’l Hide & Leather B’k, Boston,
National Revere Bank, Boston,
Nat’ l Security Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
New England N'l B’k, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$31,600
4,000
14,700
2,700
10,000
8,400
11,200
10,000
10,000
5,000
12,000
$33,400
4,600
13,230
3,375
11,400
7,600
11,800
9,200
9,500
7,100
11,600
00
00
00
00
00
00
00
00
00
00
00
$31,600
4,000
14,700
2,700
10,000
8,400
11,200
10,000
10,000
5,000
12,000
00
00
00
00
00
00
00
00
00
00
00
30,000
22,500
10,000
10,000
10,000
26,300
600
6,000
15,400
5,800
37,500
32,800
8,600
9,500
10,500
26,300
1,000
8,900
13,800
9,100
00
00
00
00
00
00
00
00
00
00
30,000
22,500
10,000
10,000
10,000
26,300
600
6,000
15,400
5,800
00
00
00
00
00
00
00
00
00
00
12
[Pub. D oc
R E P O R T O F TH E
Andover Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
41
79
110
35
50
52
18
3
50
100
50
Par Value.
North National Bank, Boston,
Old Boston Nat’] Bank, Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
South End Nat’l Bank, Boston,
State National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
First National Bank, Danvers,
Wachusett N’l B’k, Fitchburg,
Bay State N’l B’k, Lawrence,.
Union Nat’l Bank, Weymouth,
$4,100
7,900
11,000
3,500
5,000
5,200
1,800
225
5,000
7,500
5,000
Estimated
Market Value.
$4,400
7,800
19,900
3,900
4,200
5,300
1,700
175
10,000
10,000
4,900
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$4,100
7,900
11,000
3,500
5,000
5,200
1,800
225
5,000
7,500
5,000
00
00
00
00
00
00
00
00
00
00
00
$312,425 $353,080 00 $312,425 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Maine R.R. 4s, .
Boston & Lowell R.R. 4 s,.
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Lowell R.R. 7s,
Boston, Revere Beach & Lynn R.R. 6s,
Boston, Winthrop & Shore R.R. 5s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
.
.
.
Newport & Richford R.R. 5s, .
Old Colony R.R. 4s,
. . .
Old Colony R R . 6s,
Worcester & Nashua R.R. 5s, .
Worcester, Nashua & Roch. R.R. 4s,
Maine Central R.R. 4s, .
Conn. & Passumpsic Rivers R.R 4s,
Danbury & Norwalk R.R. 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$85,000
50,000
2,000
7,000
18,000
14,000
50,000
65,000
50,000
50,000
13,000
142,000
5,000
5,000
50,000
25,000
20,000
25,000
$676,000
Estimated
Market Value.
$85,000
50,000
2,100
7,300
19,000
14,700
54,000
65,000
50,000
54,000
13,600
142,000
5,500
5,200
50,000
25,000
20,000
29,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$691,400 00
A legal investment when made.
Amount Invested.
$85,000
50,000
2,000
7,000
18,000
14,000
50,000
64,987
50,000
50,000
13,000
142,000
5,000
5,000
50,000
25,000
20,000
25,000
00
00
00
00
00
00
00
50
00
00
00*
00
00
00
00
00
00
00
$675,987 50
No. 8 .]
13
SA V IN G S B A N K COM M ISSION ERS.
Andover Savings Bank — Concluded.
Total A m ount o f L oa n s , with E ach Specified R ate o f Interest.
Rate.
Amount.
$21,033
1
22,000
4,500
52
00
00
00
24 per cent.
4
“
4|
“
H
“
Amount.
$94,501 00
25,000 00
186,663 50
Rate.
Amount.
Rate.
5 per cent.
“
54
“
$790,660 76
8,500 00
■4,757 60
6 per cent.
64
“
7
“
H
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the same.....................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 486
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 549
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : third Wednesday in June
and December.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893................................................. i 24 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 622
Number of accounts closed during the year ending Oct. 31, 1893,
. 503
Total number of open accounts Oct. 31, 1893....................................
5,541
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of ta x e s),..................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of same,
......................................................3,610
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of same.......................................................................................3,043
Date of examination by commissioner: October 31.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,990 00
9,275 00
475 98
737,198 36
127,582 15
42,804 91
55,010 82
4,596 31
287,676 31
320,434 93
14
R E P O R T O F TH E
[Pub. D oc
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, 32.
G. P e c k , President.
J o se p h W . W
J o se p h 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 ,
B. D e l m o n t L o c k e ,
H e n r y Sw a n .
Open for business, Tuesdays and Fridays, 3 to 5 p . m . ; Wednesdays, 3 to 8 p . m . ;
Saturdays, 3 to 9 p .m .
B alance
Sh eet
O ctober
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 purposes)...........................................
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,
Tax account,
.
.
.
.
Insurance account,
Cash on hand,
.
.
.
.
31, 1893.
L iabilities .
$239,000
15,000
27,400
4,000
191,000
00
00
00
00
00
10,952 93
725,018 03
1,000 00
21,000
600
33,926
300
1,412
314
700
1,289
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
Surplus, .
Rent account, .
Due on mortgage
loans,
$1,207,815 21
39,892 20
10,634 25
5,514 55
5,252 89
304 17
3,500 00
00
00
34
04
00
06
60
27
$1,272,913 27
$1,272,913 27
Cash on Deposit in Banks, amount in each : —
Atlantic National Bank, B o s t o n ,........................................................................ $33,926 34
Faneuil Hall National Bank, Boston....................................................................
300 04
Loan on Public Funds: —
On
On
On
On
On
$10,000 City of Boston, Mass., 4 s , ............................................................... 1
$2,000 City of Nashua, N. H., 4 s , ............................................................... I
$1,000 City of Newton, Mass., 4s.....................................................................[■ $15,000 00
$1,000 Boston & Providence R.R. 4 s , ...................................................... |
$1,000 Worcester & Nashua R .R. 5s,
.
.
.
.
.
.
. J
Loan on Bank Stock: —
On 50 shares First Ward National Bank, Boston,............................................. $4,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
15
Arlington Five Cents Savings Bank — Continued.
D etailed Statem ent o f P u blic F u nd s.
Par Value.
Town of Arlington, Mass., 4s,.
of Arlington, Mass., 5 s,.
of Chatham. Mass., 4is,
of Methuen, Mass., 6s, .
of Wayland, Mass., 5s, .
City of Bangor, Me., 6s, .
of Boston, Mass., 6s,
of Brockton, Mass., 4s,
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Dayton, Ohio, 5 s ,.
of Dayton, Ohio, 6 s,.
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 5s,
of Holyoke, Mass., 6s,
of Lawrence, Mass., 6s, .
of Lewiston, Me., 5s,
of Middletown, Conn., 7s,
of Peoria, 111., 7s,
of Portland, Me., 6s,
of Springfield, Ohio, 4 is ,.
of Springfield, Ohio, 5s, .
of Somerville, Mass., 5s, .
of Woburn, Mass., 6s,
County of Hillsborough, N. H., 6s, .
District of Columbia 6s, .
$5,000
13,000
8,000
1,000
2,000
6,000
3,000
2,000
2,000
9,000
12,000
27,000
5,000
2,000
20,000
5,000
6,000
1,000
10,000
13,000
20,000
17,000
11,000
19,000
7,000
10,000
3,000
$239,000
*
Estimated
Market Value.
$5,000
13,455
8,360
1,030
2,060
6,180
3,020
2,000
2,035
9,450
12,555
27,540
5,450
2,200
21,085
5,500
6,090
1,100
10,200
14,560
23,600
17,170
11,000
19,095
7,035
10,300
3,420
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
$250,490 00
Amount Invested.
$5,000
13,000
8,000
1,000
2,000
6,000
3,000
2,000
2,000
9,000
12,000
27,000
5,000
2,000
20,000
5,000
6,000
1,000
10,000
13,000
20,000
17,000
11,000
19,000
7,000
10,000
3,000
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
$239,000 00
A legal investment when made.
Mo. of
Shares.
D etailed Statem ent o f B a n k Stocks.
50
50
50
22
25
10
33
12
12
10
Par Value.
Atlantic Nat’l Bank, Boston, .
Continental N’l Bank, Boston,
Faneuil Hall N’l Bank, Boston,
First Ward 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 Union Bank, Boston,
Dedham Nat’l Bank, Dedham,
First Nat’l Bank, Arlington, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
5,000
5,000
2,200
2,500
1,000
3,300
1,200
1,200
1,000
$27,400
Estimated
Market Value.
$6,025
5,737
6,000
2,805
2,631
1,220
4,818
1,548
1,140
1,080
00
50
00
00
25
00
00
00
00
00
$33,004 75
Amount Invested.
$5,000
5,000
5,000
2,200
2,500
1,000
3,300
1,200
1,200
1,000
00
00
00
00
00
00
00
00
00
00
$27,400 00
16
R E P O R T O F TH E
[Pub. D oc.
Arlington Five Cents Savings Bank — Continued.
D etailed Statem ent o f R ailroad Bonds.
E s tim a t e d
P a r V a lu e .
M a r k e t V a lu e .
Boston & Albany R.R. 6s,
Boston, Clinton, Fitchburg and New
Bedford R.R. 5s, .
Boston & Lowell R.R. 6s,
Boston, Revere Beach & Lynn R.R. 6s,
Cheshire R.R. 6s,
Concord & Montreal R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchbui’g R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 7s,
New Bedford R.R. 7s,
Newport & Richford R.R. 5s, .
Old Colony R.R. 4 s,.
Old Colony R.R. 6s,.
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls & Conway
R.R. 4is,
...................................
Salem & Lowell R.R. 6s,.
Vermont & Massachusetts R.R. 5 s ,.
*
$15,000
$15,225 00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
A m o u n t In v ested .
$15,000 00
2,000
4,000
10,000
27,500
20,000
5,500
8,000
1,000
14,000
3,000
20,000
30,000
1,000
4,000
2,160
4,140
10,500
29,425
19,600
6,435
8,400
1,050
15,400
3,015
20,600
30,000
1,050
4,320
2,000
4,000
10,000
27,500
20,000
5,500
8,000
1,000
14,000
3,000
20,000
30,000
1,000
4,000
00
00
00
00
00
00
00
00
00
00
00*
00
00
00
15,000
1,000
10,000
15,600 00
1,070 00
10,500 00
15,000 00
1,000 00
10,000 00
$191,000
$198,490 00
$191,000 00
A legal investment when made.
Total A m ou n t o f L o a n s , w ith E ach S pecified R ate o f In terest.
Amount.
$33,926
15.000
16.000
152,110
34
00
00
36
Kate.
3 per cent.
4
“
4i
“
5
“
Amount.
$30,400
212,000
313,057
6,000
Kate.
00
00
67
00
5^ per cent.
H
“
6
“
61
Amount.
$1,000 00
20,950 00
100 00
Kate.
6£ per cent.
7
8
“
Amount invested in real estate for banking purposes........................................ $10,952 93
Estimated value of the s a m e , ........................................................................
25,000
Assessed value of the s a m e ,.................................... .............................................
20,881
Net income received from same during year ending Oct. 31, 1893,
.
.
671
Number of loans which are of an amount not exceeding $3,000 each, 320
Aggregate amount of the s a m e , ........................................................................
353,689
Total number of loans upon real e s t a t e , ............................................. 382
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
69,400
Times for the dividends fixed by the by-laws: first Saturday in January
and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
25
78
54
96
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
17
Arlington Five Cents Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the ? 2 per cent., (
year ending Oct. 31, 1893................................................. A 2 per cent., (
Number of accounts openedduring the year ending Oct. 31, 1893,
. 395
Number of accounts closed during theyear ending Oct. 31, 1893,
. 321
Total number of open accounts Oct. 31, 1893.....................................
3,826
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , ..........................................................................3,369
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
Number of s a m e , ..........................................................................2,355
Date of examination by commissioner: March 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$22,722 89
23,333 67
4,183 52
190,476 95
214,578 11
[Pub. D oc
R E P O R T O F TH E
18
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, 38.
A l p h e u s H a r d i n g , President.
W i l l i a m D. L u e y , Treasurer.
W i l l i a m D. L u e y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
A l p h e u s H a r d in g ,
S olon W . L e e ,
Ja m e s M . L e e ,
H e n r y R . St o w e l l ,
L u c ie n L o r d .
Open for business every business day, 9
B alance
Sheet
O ctober
to 3 p .m .
31, 1893.
L iabilities .
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,
Cash on hand, .
.
.
.
a .m .
$111,250
9,800
18,275
65,000
1,012,363
498,000
00
00
00
00
54
00
75,900
33,934
1,716
1,769
00
33
06
48
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,828,008 41
$1,682,258 33
68,000 00
31,202 17
46,547 91
$1,828,008 41
Cash on Deposit in Banks, amount in each: —
National Bank of the Commonwealth, B o s t o n , ............................................. $1,849 87
Miller’s River National Bank, A t h o l , ...............................................................
22,084 46
Athol National Bank, A th ol,.
........................................................................
10,000 00
Loans on Bank Stock, amount on each: —
On 150 shares Springfield Safe Deposit and Trust Company, Springfield, .
On 36 shares Athol National Bank, A t h o l ,......................................................
On 8 shares Athol National Bank, A t h o l , ......................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$15,000 00
2,900 00
375 00
No. 8 .]
SA V IN G S B A N K CO M M ISSIO N ERS.
19
A th o l Savings Bank — Continued.
D etailed Statem ent o f P u blic Fiends.
Par Value.
Town of Hyde Park, Mass., 4s,
of Meriden, Conn., 6s, .
City of Lynn, Mass , 6s, .
of Newton, Mass , 5s,
of Boston, Mass., 3Js,
of Chicopee, Mass., 4s,
of Cleveland, Ohio, 5s,
of Milwaukee, Wis., 5s, .
of Youngstown, Ohio, 5s,
$3,000
4.000
5.000
10,000
25.000
8.000
19.000
18.000
20,000
$112,000
Estimated
Market Value.
$3,000
4,080
5,200
11,000
24,250
8,000
19,950
18,180
20,200
00
00
00
00
00
00
00
00
00
$113,860 00
Amount Invested.
$3,000
4.000
5.000
10,000
24,250
8.000
19.000
18.000
20,000
00
00
00
00
00
00
00
00
00
$111,250 00
Shares.
f Ko. of
D etailed Statem ent o f B a n k Stocks.
11
10
50
27
Par Value.
Blackstone Nat'l Bank, Boston,
Eliot National Bank, Boston, .
National Eagle Bank, Boston,
Miller’s River N’l B’k, Athol,
Estimated
Market Value.
$1,100
1,000
5,000
2,700
$990
1,155
4,250
4,725
$9,800
$11,120 00
00
00
00
00
Amount Invested.
$1,100
1,000
5,000
2,700
00
00
00
00
$9,800 00
D etailed Statem ent o f B ailroad Bonds.
Par Value.
Boston & Providence R.R. 4s, .
Fitchburg R.R. 4s, .
Vermont & Massachusetts R.R. 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$25,000
20,000
20,000
$25,000 00
19,400 00
21,000 00
$25,000 00
20,000 00
20,000 00
$65,000
$65,400 00
$65,000 00
[Pub. D oc.
R E P O R T O F TH E
20
Athol Savings Bank — Concluded.
Total A m ou n t o f L oa n s , w ith E ach Specified Rate o f In terest.
Rate.
Amount.
$23,934
6,000
35,500
26,200
33
00
00
00
2^ per cent.
3J
“
4
“
44
“
Amount.
$68,000 00
50,000 00
950,731 98
Rate.
4| per cent.
4J
“
5
“
Amount.
$75,000 00
52,700 00
350,406 56
Rate.
5^ per cent.
5£
6
Number of loans which are of an amount not exceeding $3,000 each, . 365
Aggregate amount of the s a m e , ........................................................................ $346,099 65
Total number of loans upon real e s t a t e , ............................................. 454
Gross amount of interest or profits received or earned, as per books, during
89,590 55
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: January 1 and July 1.
31,832 35
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
33,244 55
year ending Oct. 31, 1 8 9 3 ,......................................................J 2 per cent., (
Number of accounts opened during the year ending Oct. 31, 1893,
1,756
Number of accounts closed during the year ending Oct. 31, 1893,
1,682
Total number of open accounts Oct. 31, 1893,
.
.
.
.
5,019
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
5,378 61
clusive of ta xe s),..................................................................................................
Amount of deposits, not including dividends, received during the year
293,013 48
ending Oct. 31, 1893...............................................................................................
Number of s a m e , ................................................................................. 3,343
Amount of withdrawals, including dividends, during the year ending
324,237 76
Oct. 31, 1893............................................................................................................
........................................................................ 3,167
Number of same,
Date of examination by commissioner: March 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
21
SA Y IN G S B A N K CO M M ISSION ERS
AT T LE B O R O U G H S A V IN G S B A N K — N O R TH
AT T LEB O R O U G H .
Incorporated Feb. 2, 1860.
Present number of corporators, 62.
A b i e l C o d d in g , President.
E d w a r d R. P r i c e , Treasurer.
E d w a r d R. P r ic e , Clerk o f the Corporation.
Names of committee charged with the investment of its funds
J o sep h G. B a r d e n ,
G eo. A . D ea n ,
B. S. F r e e m a n ,
A r i e l C o d d in g ,
J. L. S w e e t ,
R andolph K n a pp,
J a s . H . St u r d y .
Open for business every business day, 9
B alance
Sh e e t
O ctober
to 3 p .m .
31, 1893.
L iabilities .
A ssets.
Public funds as per schedule, .
Bank stock as per schedule,
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
( n o t e s ) ,....................................
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,
a .m .
$67,000
11,100
63.000
37,500
28,749
513,782
335,547
00
00
00
00
79
57
50
67.000
5,910
6,577
226
00
21
72
36
$1,136,394 15
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,060,657 34
47,500 00
6,993 48
21,243 33
$1,136,394 15
Cash on Deposit in Banks, amount in each : —
Boston National Bank, B o s t o n , ........................................................................$5,910 21
North Attleborough National Bank, North Attleborough, .
.
.
.
6,577 72
Loan on Railroad Stock : —
On 359 shares Boston & Maine R.R.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$37,500 00
22
R E P O R T O F TH E
[Pub. D oc.
Attleborough Savings Bank — Continued.
D etailed Statem ent o f P u blic F u nd s.
Par Value.
Town of Attleborough, Mass., 4s, .
of Brookline, Mass., 5s,
City of Youngstown, Ohio, 5s,
of Bangor, Me., 6s, .
of Canton, Ohio, 5 s,.
of Grand Rapids, Mich., 5s,
Estimated
Market Value.
$20,000
9.000
10,000
2.000
6,000
20,000
$20,000
9,507
10,300
2,000
6,000
20,000
$67,000
$67,807 00
00
00
00
00
00
00
Amount Invested.
$20,000
9.000
10,000
2.000
6,000
20,000
00
00
00
00
00
00
$67,000 00
' No. of
Shares.
D etailed Statem ent o f D ank Stocks.
61
50
First N’l Bank, Attleborough,
Boston Nat’l Bank, Boston,
Par Value.
Estimated
Market Value.
$6,100
5,000
$9,150 00
4,700 00
$6,100 00
5,000 00
$11,100
$13,850 00
$11,100 00
Amount Invested.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s..............................
Boston & Maine R.R. 7s, .
Estimated
Market Value.
Amount Invested.
$25,000
25,000
12,500
$25,000 00
26.500 00
12.500 00
$23,750 00
26,750 00
12,500 00
$62,500
$64,000 00
$63,000 00
Total A m ou n t of L oa n s , with Each Specified R ate o f In terest.
Amount.
Rate.
$5,910 21
37,500 00
76,100 00
2 per cent.
4è
“
5
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$71,445 00
7,000 00
572,785 07
Rate.
54 per cent.
5?
«
6
“
Amount.
$29,000 00
145,000 00
15,000 00
Rate.
7 per cent.
8
8è
“
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
23
Attleborough Savings Bank — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 229
$28,749 79
22,500 00
1,587 86
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 252
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: Tuesday after second Mon
day in April and October.
Rate and amount of each semi-annual dividend during the j 2£ per cent., f
year ending Oct. 31, 1893, .
•
•
•
•
•
•J 2i per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 631
Number of accounts closed during the year ending Oct. 31, 1893,
. 569
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,442
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
246,908 07
ending Oct. 31, 1893...............................................................................................
Number of s a m e , ................................................................................. 3,130
Amount of withdrawals, including dividends, during the year ending Oct.
248,683 57
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , ................................................................................. 2,978
Date of examination by commissioner: June 8.
262,266 25
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
62,787 40
24,821 44
25,159 73
3,488 67
[Pub. D oc.
R E P O R T O F TH E
24
BARRE
S A V IN G S B A N K — B A R R E .
Incorporated May 1, 1869.
C h a s . B r im b l e c o m , President.
F rank A. R
Present number of corporators, 41.
ic h ,
F r a n k A. R i c h , Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
C h a s . B r im b l e c o m ,
O r a m e l Cl a r k ,
E stes H a w e s ,
J. H e n r y G o d d a r d ,
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 .
Balance
Sheet
O ctober
to 12
m.
; 1 to 4
p .m
.;
31, 1893.
L iabilities .
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
(notes), ....................................
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Suspense account,
a .m .
$90,166 00
5,800 00
6,060 00
1,600 00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
$516,968 06
13,525 00
2,714 13
12,538 39
1,200 00
349,493 00
77,000 00
1,000
9,000
3,673
737
15
00
00
04
72
82
$545,745 58
$545,745 58
Cash on Deposit in Banks, amount in each: —
First National Bank, B a r r e ,................................................................................ $5,673 04
Hampshire County National Bank, Northampton.............................................
7,000 00
Loans on Bank Stock, amount on each : —
On 20 shares First National Bank, Barre............................................................. $1,500 00
On 7 shares First National Bank, B a r r e , ......................................................
500 00
On 40 shares First National Bank, N o r t h a m p t o n ,....................................
3,800 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA V IN G S B A N K CO M M ISSION ERS.
25
Barre Savings Bank — Continued.
N o. o f
S h a res.
D etailed Statem ent o f B a n k Stocks.
E s tim a t e d
l ’ a r V a lu e .
M a r k e t V a lu e .
55 First National Bank, Barre, .
42 Blackstone Nat’l Bank, Boston,
62 Boston Nat’l Bank, Boston,
20 Boylston Nat’ l Bank, Boston, .
17 Continental Nat’l B'k, Boston,
25 Eliot National Bank, Boston, .
41 First National Bank, Boston, .
32 Nat’l B’k of Commerce, Boston,
46 N’l B’k of Redemption, Boston,
25 N ’1Hide & Leather B’k, Boston,
9 National Revere Bank, Boston,
34 Second National Bank, Boston,
20 Shoe & Leather N’l B’k, Boston,
30 Suffolk National Bank, Boston,
60 Tremont Nat’l Bank, Boston, .
50 Nat’l Market Bank, Brighton,.
7 Ware National Bank, Ware, .
52 Central Nat’l Bank, Worcester,
21 Citizens’ N’l Bank, Worcester,
50 City Nat’l Bank, Worcester, .
20 First Nat’l Bank, Worcester, .
$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
$5,500
3,790
5,735
2,450
1,950
2,887
9,430
3,776
5,612
2,637
900
6,154
1,800
2,895
5,700
4,487
770
7,540
2,730
7,000
3,400
00
50
00
00
75
50
00
00
00
50
00
00
00
00
00
50
00
00
00
00
00
$87,145 75
A m o u n t In v e ste d .
$6,325
4,305
7,130
2,260
1,802
2,950
8,118
3,616
5,520
2,900
1,035
5,100
1,900
3,450
6,360
7,050
840
7,280
2,625
6,300
3,300
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$90,166 00
D etailed Statem ent o f B ailroad Bonds.
E s tim a t e d
P a r V a lu e .
M a r k e t V a lu e .
Eastern R.R. 6s,
Rutland R.R. 5s,
.
.
.
.
.
.
A m o u n t In v e ste d .
$5,000
1,000
$5,850 00
970 00
$5,200 00
860 00*
$6,000
$6,820 00
$6,060 00
* A legal investment when made.
Total A m ou n t o f L oa n s , icith each Specified R ate o f In terest
Amount.
$2,000
7,000
2,000
61,300
00
00
00
00
Kate.
per cent.
4
5
5|
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
Amount.
Kate.
$188,100 00
6,200 00
133,393 00
n4 per cent.
P
“
Amount.
$12,000 00
20,300 00
10,000 00
Kate.
per cent.
7
7h
“
26
R E P O R T O F TH E
[Pub. D oc.
Barre Savings Bank — Concluded.
Amount invested in real estate for banking purposes,.................................... $1,600 00
Estimated value of the s a m e , ........................................................................
1,600 00
Assessed value of the s a m e ,.................................................................................
1,575 00
Net income received from same during year ending Oct. 31, 1893,
.
.
115 30
Value, by books, of other real estate held or owned by foreclosure or
o th e r w is e ,............................................................................................................
1,200 00
Assessed value of the same......................................................................................
1,550 00
Number of loans which are of an amount not exceeding $3,000 each,
94
Aggregate amount of the s a m e , ........................................................................
101,993 00
Total number of loans upon real e s t a t e , ............................................. 118
Amount of investments from which no income is received...............................
4,500 00
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1893...............................................................................
26,472 25
Times for the dividends fixed by the by-laws : January 15 and July 15.
Rate and amount of each semi-annual dividend dui’ing the ) 2| per cent., f
10,497 80
year ending Oct. 31, 1893.................................................. J
per cent., 1
11,033 96
Number of accounts opened during the year ending Oct. 31, 1893,
. 177
Number of accounts closed during the year ending Oct. 31, 1893,
. 127
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,401
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ..................................................................................................
2,535 94
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893................................................................................................
89,708 13
Number of s a m e , .......................................................................................... 870
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
80,749 90
Number of s a m e , ..........................................................................................702
Date of examination by commissioner: June 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA V IN G S B A N K C O M M IS S IO N E D
27
BASS R IV E R S A V IN G S B A N K — SOUTH Y A R M O U T H .
Incorporated April 15, 1874.
Present number of corporators, 34.
H ir a m L o r in g , President.
D a v id D . K e l l e y , Treasurer.
H ir a m D . L o r in 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,
D a v id K e l l e y ,
St e p h e n W in g ,
P e le g P . A k in ,
E lkan ah Crow ell.
Open for business every business day, 2 to 4.
B alance
Sheet
O ctober
p .m .
31, 1893.
A ssets.
Liabilities .
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,
Stock of Sagamore Manufactur
ing C o .,* ....................................
Stock of Border City Manufact
uring Co.,*
.
.
.
.
Cash on hand.................................
$44,792
78,536
950
41,150
8,955
249,820
123,128
85
35
00
00
11
15
20
33,000
550
28,342
8,989
00
00
37
03
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$616,112 55
16,338 55
1,965 57
5.208 28
5.209 40
5,784 93
$634,416 67
$634,416 67
* Taken to secure indebtedness.
Cash on Deposit in Banks, amount in each: —
Manufacturers’ National Bank, B o s t o n , ......................................................$ 12,650 82
.
.
2,273 08
International Trust Company, Boston,............................................. *
Maverick National Bank, Boston,........................................................................
420 89
First National Bank, H y a n n i s , ........................................................................13,418 47
First National Bank, Y a r m o u th ,........................................................................
8,568 14
Loans on Bank Stock, amount on each : —
On 13 shares First National Bank, Y a r m o u t h ,............................................. $850 00
On 2 shares Cape Cod National Bank, H arw ich ,.............................................
100 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. D oc
R E P O R T O F TH E
28
Bass River Savings Bank — Continued.
D etailed sta tem en t o f P ublic F u n d s.
E s t im a t e d
P a r V a lu e .
City of Columbus, Ohio. 4s,
of Lowell, Mass., 4s,
of Providence, R. L, 5s,
Town of Beverly, Mass., 4s,
of Clinton, Mass., 4s,
of Spencer, Mass., 4s,
.
.
.
.
*
$9,600
3.000
11,050
5.000
5.000
10,000
$10,000
3.000
10,000
5.000
5.000
10,000
$43,000
A m o u n t In v e ste d .
M a r k e t V a lu e .
00
00
00
00
00
00
$43,650 00
$10,000
3.000
11,442
5.000
5.000
10,350
00*
00
85
00
00
00
$44,792 85
A legal investment when made.
N o. o f
S h a re s .
D etailed Statem ent o f B a n k Stocks.
30
30
8
63
21
50
55
50
13
56
7
25
15
10
50
50
73
25
20
24
12
E s tim a t e d
P a r V a lu e .
Atlas National Bank, Boston,
Boston National Bank, Boston,
Blackstone Nat’l B’k, Boston, .
Everett Nat’l Bank, Boston, .
National Eagle Bank, Boston,
Nat’l Exchange B’k, Boston, .
Faneuil Hall N’l B’k, Boston,.
Manufacturers’ N’l B’k, Boston,
Market National Bank, Boston,
Merchants’ Nat’l B’k, Boston,.
Old Boston Nat’l B’k, Boston,.
Second Nat’l Bank, Boston,
State National Bank, Boston, .
Suffolk National Bank, Boston,
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Tremont Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston, .
Citizens’ N’l B’k, New Bedford,
First Nat’l B’k, New Bedford,
First Nat’l Bank, Yarmouth, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
3,000
800
6,300
2,100
5,000
5,500
5,000
1,300
5,600
700
2,500
1,500
1,000
5,000
5,000
7,300
2,500
2,000
2,400
1,200
$68,700
M a r k e t V a lu e .
A m o u n t In v ested .
50
00
00
00
00
00
00
00
00
00
00
00
62
00
00
00
00
00
00
00
00
$3,660 00
3,270 00
800 00
6,615 00
2,205 00
5,927 00
6,765 00
5,241 80
1,300 00
7,280 00
756 00
3,258 00
1,770 00
1,000 00
6,500 00
5,749 88
7,780 00
2,750 00
2,000 00
2,400 00
1,508 67
$78,230 12
$78,536 35
$3,057
2,775
720
5,544
1,085
5,900
6,600
4,875
1,196
8,008
693
4,525
1,535
965
6,100
7,300
6,935
2,800
2,600
3,396
1,620
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
29
Bass River Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
New Bedford R.R. 7s,
Old Colony R.R. 6 s,.
Old Colony R.R. 7s..
Vermont and Massachusetts R.R. 5s,
$20,000
5.000
3.000
3.000
4.000
5.000
$19,400
5,000
3,030
3,045
4,020
5,250
$40,000
$39,745 00
A m o u n t In v e ste d .
00
00
00
00
00
00
$20,600
5.000
3.000
3.000
4.000
5,550
00
00
00
00
00
00
$41,150 00
Total A m ou nt o f L oans, with E ach Specified Rate o f Interest.
Amount.
$13,418
14,923
13,300
18,000
5,000
47
90
00
00
00
Rate.
2^ per cent.
3
“
H
“
4|
“
H
“
Amount.
$93,600
12,500
77,674
169,691
Rate.
00
00
10
15
5 per cent.
5i
“
54
“
6
Amount.
$12,000
5,561
50
72
Rate.
00
00
00
10
Value by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, . 292
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 224
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 9 3 , ...............................................................
Times for the dividends fixed by the by-laws: April 1 and October 1.
Rate and amount of each semi-annual dividend during the ] 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,...................................................... 1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 234
Number of accounts closed during the year ending Oct. 31, 1893,
. 281
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,076
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , ..........................................................................................938
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , ................................................................................. 1,320
Date of examination by commissioner: July 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
64 per cent.
7
8
10
“
$8,955 11
9,850 00
135 00
174,626 90
26,500 00
29,357 81
12,447 06
11,870 09
1,872 29
91,969 71
137,328 65
R E P O R T O F TH E
30
[Pub. D oc.
BE LM O N T S A V IN G S B A N K — BE LM O N T.
Incorporated March 5, 1885.
Present number of corporators, 46.
J. V arnum F le t c h e r , President.
W inth rop L. C h e n e r y , Treasurer.
T homas W . D a v is , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J. V arnum F let ch er ,
T homas D. B la k e ,
G ustavus C. H olt ,
F red eric D odge ,
J. Lucius E l l is .
Open for business Wednesdays, 4 to 6 and 7 to 8 p .m .
B alance
Sh eet
O ctober
31, 1893.
L iabilities .
A ssets.
$6,000
6,125
5,000
15,000
67,328
950
2,081
355
Public funds as per schedule, .
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Cash on hand, .
.
.
.
00
37
00
00
00
00
52
93
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$102,840 82
$100,197 12
1,000 00
1,441 07
202 63
$102,840 82
Cash on Deposit in Bank : —
Faneuil Hall National Bank, B o s t o n ,............................................................... $2,081 52
Loan on Bank Stock: —
On 63 shares Traders’ National Bank, B o s t o n , ............................................. .$5,000 00
D etailed Statem ent o f P ublic F u n d s.
Par Value.
City of Chicago, 111., 4s, .
Town of Winchester, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$5,000
1,000
$5,000 00
1,000 00
$5,000 00
1,000 00
$6,000
$6,000 00
$6,000 00
No. 8 .]
31
SA V IN G S B A N K CO M M ISSION ERS.
Belmont Savings Bank — Continued.
U o. o f
S h ares.
Detailed Statement o f Bank Stocks.
4
16
3
10
3
2
5
10
E s tim a t e d
P a r V a lu e .
Blackstone Nat’ l Bank, Boston,
Faneuil Hall N’l Bank, Boston,
Freeman’s Nat’ l Bank, Boston,
Howard Nat’l Bank, Boston, .
N’l Hide & Leather B’k, Boston,
Nat’l Webster Bank, Boston, .
South End Nat’l Bank, Boston,
Third National Bank, Boston,
$400
1,600
300 '
1,000
300
200
600
1,000
$5,300
M a r k e t V a lu e .
$360
1,920
300
990
316
183
425
870
A m o u n t In v ested .
00
00
00
00
50
00
00
00
$5,364 50
$425
2,189
319
1,120
361
214
500
995
00
50
50
00
50
25
00
62
$6,125 37
Detailed Statement o f Railroad Bonds.
E s tim a t e d
P a r V a lu e .
Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
.
.
.
Maine Central R.R. 4Js, .
Upper Coos R.R. 4^s,
M a r k e t V a lu e .
$1,000
4.000
5.000
3.000
2.000
$980
3,960
5,200
3,075
2,000
00
00
00
00
00
$15,000
$15,215 00
A m o u n t In v e ste d .
$1,000
4.000
5.000
3.000
2.000
00
00
00
00
00
$15,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
A m ou n t.
$2,081 52
17,000 00
K a te .
3 per cent.
5
“
A m ou n t.
$9,300 00
K a te .
5£ per cent.
A m ou n t.
$46,978 00
K a te .
6 per cent.
Number of loans which are of an amount not exceeding $3,000 each,. 50
Aggregate amount of the s a m e , ........................................................................ $59,878 00
Total number of loans upon real e s t a t e , ............................................. 46
Gross amount of interest or profits received or earned, as per books, during
4,868 93
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : third Wednesday in January
and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
32
R E P O R T O F TH E
[Pub. D oc.
Belmont Savings B an k — Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893............................................................ i 2 per cent., I
Number of accounts opened during the year endingOct. 31, 1893,
.
81
Number of accounts closed during the year endingOct. 31, 1893,
.
25
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 526
Total expenses of the corporation for the year ending Oct. 31,1893 (ex
clusive of taxes), ...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893, .
........................................................................
Number of s a m e , .........................................................................................519
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893.............................................................................................................
Number of s a m e , .........................................................................................210
Date of examination by commissioner : January 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,667 81
1,818 94
51404
26,200 45
17,784 78
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
33
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 avis T h a y e r , Jr., President.
C h arles W . S te w a r t , Treasurer.
C h arles W . S te w a r t , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
D avis T h a y e r , Jr.,
James M. F r eem a n ,
J ames P. R a y ,
A . H. M orse ,
Joseph G. R a y ,
E. P. C h apm an ,
C. J. M cK en zie .
Open for business every business day, 9 a . m . to 12 m ., 1 to 4 p . m .
B alance
Sheet
October
31, 1893.
L iabilities .
A sskts.
Public funds as per schedule, .
Loans on public funds,
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Loan on railroad bonds,
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,
Furniture,....................................
Cash on hand, .
.
.
.
$1,815
2,000
45,566
40,000
10,075
8,000
11,263
196,257
164,540
12,343
1,001
628
968
3,233
00
00
77
00
00
00
15
50
25
52
25
25
68
55
Deposits, .
Guaranty fund,
Interest account,
$497,692 92
$459,141 93
21,075 89
17,475 10
$497,692 92
Cash on Deposit in Banks, amount in each : —
Franklin National Bank, F r a n k l i n , ...............................................................$982 51
Maverick National Bank, Boston,........................................................................
18 74
Traders’ National Bank, Boston.............................................................................
3,892 64
International Trust Company, Boston,...............................................................
8,450 88
Loans on Public Funds, amount on each: —
On $500 United States 4 s , ................................................................................. $500 00
On $1,000 Portland, Me., b o n d s ,........................................................................ 1
1 500 00
On $1,000 Belfast, Me., b o n d s , * .........................................................................I
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
* Legal security has been substituted.
[Pub. D oc
R E P O R T O F TH E
34
Benjamin Franklin Savings Bank — Continued.
Loans on Bank Stock, amount on each: —
On 200 shares Fourth National Bank, Boston.....................................................
On 125 shares Traders’ National Bank, B o s t o n ,....................................
On 23 shares First National Bank, Portsmonth, N. H .,
On 50 shares Mechanics and Traders’ National Bank, Portsmouth, N. H.,
On 4 shares New Hampshire National Bank, Portsmouth, N. H.,
On 30 shares Second National Bank, Fall R iver,.............................................
On 10 shares Pocasset National Bank, Fall River,
.
.
.
.
.
On 5 shares National Union Bank, Fall River.....................................................
$
20,000 00
10,000 00
10,000 00
Loan on Railroad Bonds : —
$8,000 00
''On $8,000 Boston & Maine R .R . 4s,
D etailed Statem ent o f P u blic F u n d s.
E s tim a t e d
P a r V a lu e .
M a r k e t V a lu e .
$2,100 00
$2,000
City of Bath, Me., 6s,
*
A m o u n t In v ested .
$1,815 00*
A legal investment when made.
f No.
of
S h ares.
D etailed Statem ent o f B a n k Stocks.
14
5
27
70
30
25
9
10
15
16
8
31
23
75.
12
P a r V a lu e .
Columbian Nat’l B’k, Boston, .
Continental Nat’l B’k, Boston,.
N’l B’k of Commerce, Boston,
Eliot National Bank, Boston, .
Hamilton Nat’l B’k, Boston, .
Howard Nat’l Bank, Boston, .
N’l Hide & Leather B’k, Boston,
Market Nat’l Bank, Boston, .
N’l B’k of No America, Boston,
National Revere Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Tremont Nat’l Bank, Boston, .
Washington Nat’l B’k, Boston,
Franklin Nat’l Bank, Franklin,
Wrentliam N’l B’k, Wrentham,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,400
500
2,700
7,000
3,000
2,500
900
1,000
1,500
1,600
800
3,100
2,300
7,500
840
$36,640
E s tim a t e d
M a r k e t V a lu e .
$1,400
573
3,186
8,085
3,420
2,475
949
920
1,578
1,600
720
2,945
2,300
8,250
960
00
75
00
00
00
00
50
00
75
00
00
00
00
00
00
$39,363 00
A m o u n t In v e ste d .
$1,845
620
3,456
8,887
3,790
2,902
1,032
1,100
1,680
1,776
1,137
3,902
3 266
8,932
1,239
00
00
00
50
00
50
75
00
00
00
00
37
00
65
00
$45,566 77
No. 8 .]
35
S A Y IN G S B A N K COM M ISSION ERS.
Benjamin Franklin Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
P a r V a lu e .
Fitchburg R.R. 4-|s,
$10,000
E s tim a t e d
M a r k e t V a lu e .
$10,000 00
A m o u n t In v ested .
$10,075 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$12,343 52
53,460 00
5,000 00
Bate.
3 per cent.
5
5i
“
Amount.
$22,500 00
20,000 00
Kate.
Amount.
Rate.
5^ per cent.
5|
“
$191,837 75
118,000 00
6 per cent.
7
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31,1893,
Number of loans which are of an amount not exceeding $3,000 each, . 265
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 216
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 3 1 , 1 8 9 3 , ...............................................................
Times for the dividends fixed by the by-laws: first Monday in January
and July.
*
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,...................................................... 12 per cent., t
Number of accounts opened during the year ending Oct. 31, 1893,
. 274
Number of accounts closed during the year ending Oct. 31, 1893,
. 194
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,955
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),............................................................... •
.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , ................................................................................. 1,705
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of same,
........................................................................ 1,240
Date of examination by commissioner: January 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$11,263 15
13,413 00
173 36
180,697 75
26,335 67
8,206 20
8,647 30
1,760 89
102,972*89
99,929 97
36
R E P O R T O F TH E
[Pub. D oc
B E R K SH IR E C O U N T Y S A V IN G S B A N K — P IT T S F IE L D .
Incorporated Feb. 2, 1846.
Present number of corporators, 41.
J oseph T ucker , President.
R obert W . A d am , Treasurer.
W il l ia m L. A d a m , Clerk o f the Corporation.
Names of committtee charged with the investment of its funds :
J abez L. P e c k ,
R obert W . A d a m ,
W il l ia m H. S loan ,
C harles W . K ellogg ,
A lex an de r K ennedy.
Open for business every business day, 9 a .m . to 3 p .m .
Balance
Sheet
O ctober
L iabilities .
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 stock,
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,
Cash on hand, .
.
.
.
31, 1893.
$876,500 00
15,000 00
180,800 00
24.300 00
121 jOOO 00
3,200 00
1,000 00
1,614,167 00
278,450 00
84,950
20,667
16,347
2,749
1,856
Deposits, .
Guaranty fund,
Profit and loss ac
count,
.
. .
$3,103,201 15
110,000 00
27,786 53
00
12
27
42
87
$3,240,987 68
$3,240,987 68
Cash on Deposit in Banks, amount in each: —
Agricultural National Bank, Pittsfield..................................................................$7,180 95
Pittsfield National Bank, P i t t s f i e l d , ...............................................................
7,584 52
Third National Bank, Pittsfield..............................................................................1,581 80
National Revere Bank, B o s t o n , .........................................................................
20,667 12
Loans on Public Funds, amount on each : —
On $5,000 United States 4 s , ................................................................................. $5,000 00
On $18,000 Town of Pittsfield n o t e , .............................................
.
.)
io 000 00
On 12 shares Pittsfield National B a n k ,............................................................... i
Loans on Bank Stock, amount on each: —
On 20 shares Agricultural National Bank, P ittsfield,.....................................$1,000 00
On 40 shares Housatonic National Bank, Stockbridge,
.
.
.
.
1,800 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSIO N ERS.
37
B e r k s h i r e C o u n t y S a v in g s B a n k — Continued.
On 10 shares Pittsfield National Bank, P i t t s f i e l d , ............................................... $800
On 12 shares Pittsfield National Bank, P i t t s f i e l d , ....................................
1,200
On 24 shares Pittsfield National Bank, P i t t s f i e l d , ....................................
2,400
On 13 shares Pittsfield National Bank, P i t t s f i e l d , ....................................
1,300
On 20 shares Pittsfield National Bank, P i t t s f i e l d , ............................................... 1,500
On 20 shares Pittsfield National Bank, P i t t s f i e l d , ....................................
2,000
On 30 shares Pittsfield National Bank, P i t t s f i e l d , ....................................
1,300
On 30 shares Pittsfield National Bank, P i t t s f i e l d , ....................................
2,000
On 20 shares Third National Bank, P i t t s f i e l d ,.............................................
2,000
6,000
On 60 shares Third National Bank, P i t t s f i e l d ,.............................................
On 5 shares Third National Bank, P i t t s f i e l d ,.............................................
500
On 5 shares Third National Bank, P i t t s f i e l d ,.............................................
500
00
00
00
00
00
00
00
00
00
00
00
00
Loans on Railroad Stock, amount on each: —
On 21 shares Boston & Albany R . R . , ....................................................................... $1,800 00
On 12 shares Boston & Albany R . R . , ...............................................................
1,200 00
On 6 shares New York, New Haven & Hartford R.R.,
.
.
.
.
200 00
D etailed Statem ent o f P ublic F u n d s.
P a r V a lu e .
Town of Braintree, Mass., 4s, .
of Framingham, Mass., 4s, .
of Marlborough, Mass., 4s, .
of Southbridge, Mass., 4s,
of Spencer, Mass., 4s, .
of West Hartford, Conn., 4s,.
City of Bath, Me., 6s,
of Boston, Mass., 3^s,
of Boston, Mass., 4s,
of Chicago, 111., 4s, .
of Columbus, Ohio, 4s,
of Dayton, Ohio, 4s,.
of East Providence, R. I., 5s, .
of Keene, N. IT., 4s, .
of Lowell, Mass., 4s,
of Lynn, Mass., 4s, .
of Milwaukee, Wis., 7s, .
of New Bedford, Mass., 4s,
of Pawtucket, R. I., 5s,
of Peoria, 111., 4s,
of Pittsfield, Mass., 4s,
of Springfield, Ohio, 6s, .
of Taunton, Mass., 4s,
State of New Hampshire 6s, .
City of Newton, Mass., 4s,
of Peoria, 111., 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$22,000
$22,000
18,000
18,000
75,000
75,000
30,000
30,000
35,000
35,000
18,000
18,000
12,480
12,000
65,000
61,100
42,420
42,000
75,000
72,750
48,000
50,000
86,600
90,000
17,850
17,500
20,000
20,000
50,000
50,000
25,000
25,000
5,150
5,000
25,000
25,000
20,000
20,600
14,700
15,000
45,000
45,000
26,500
25,000
27,000
27,000
10,000
11,000
30,000
30,000
30,000 . 30,600
$876,500
*
E s tim a t e d
M a r k e t V a lu e .
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
A m ou n t In v ested .
$22,000
18,000
75,000
30,000
35,000
18,000
12,000
65,000
42,000
75,000
50,000
90,000
17,500
20,000
50,000
25,000
5,000
25,000
20,000
15,000
45,000
25,000
27,000
10,000
30,000
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
$869,750 00 $876,500 00
Legal investments when made.
38
R E P O R T O F TH E
[Pub. Doc
Berkshire County Savings B an k — Continued.
N o. o f
S h a res.
D etailed Statem ent o f B a n k Stocks.
45
109
41
100
32
125
100
60
80
25
120
80
105
35
70
20
57
100
70
20
70
11
35
101
10
50
22
20
25
10
10
50
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l 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 the Republic, Boston,
N’l B’k of Commerce, Boston,
National Eagle Bank, Boston,
N’l Hide & Leather B’k, Boston,
Nat’l Revere Bank, Boston,
Nat’l Webster Bank, Boston, .
New England N’ l B’k, Boston,
North Nat’l Bank, Boston,
Second Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,
First National Bank, Boston, .
National Bank of the Com
monwealth, Boston,
First National Bank, Chicopee,
Hadley Falls N’i B’k, Holyoke,
Lee National Bank, L ee,.
Adams Nat’l Bank, No. Adams,
Agricultural N’l B’k, Pittsfield,
Pittsfield Nat’l Bank, Pittsfield,
Agawam N’l B’k, Springfield,
Chapin N’l Bank, Springfield,
Chicopee N’l B’k, Springfield,
F'irst Nat’l Bank, Springfield,
John Hancock National Bank,
Springfield............................
Housatonic National Bank,
Stockbridge,
Third Nat’l Bank, Pittsfield, .
Springfield N ’1B’k, Springfield,
A m o u n t In v ested .
$4,500
10,900
4,100
10,000
3,200
12,500
10,000
6,000
8,000
2,500
12,000
8,000
10,500
3,500
7,000
2,000
5,700
$5,625
12,562
3,792
9,250
3,068
17,875
14,600
7,080
6,800
2,637
12,000
7,200
16,511
3,815
12,670
2,240
13,110
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$4,500
10,900
4,100
10,000
3,200
12,500
10,000
6,000
8,000
2,500
12,000
8,000
10,500
3,500
7,000
2,000
5,700
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
10,000
7,000
2,000
7,000
1,100
3,500
10,100
1,000
5,000
2,200
2,000
12,825
9,800
3,100
9,450
1,320
7,750
13,130
1,000
7,500
3,850
2,200
00
00
00
00
00
00
00
00
00
00
00
10,000
7,000
2,000
7,000
1,100
-3,500
10,100
1,000
5,000
2,200
2,000
00
00
00
00
00
00
00
00
00
00
00
2,500
3,125 00
2,500 00
1,000
1,000
5,000
1,600 00
2,000 00
6,250 00
1,000 00
1,000 00
5,000 00
$180,800 $235,735 00
$180,800 00
___
D etailed Statem ent o f R ailroad Bonds.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Boston & Lowell R.R. 4s,
Boston, Revere Beach & Lynn R.R. 6s,
Concord & Montreal R.R. 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
11,000
25,000
$49,000 00
11,550 00
24,500 00
A m o u n t In v e ste d .
$50,000 00
11,000 00
25,000 00
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
39
Berkshire County Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds — Concluded.
P a r V a lu e .
E s tim a t e d
A m o u n t In v e ste d .
M a r k e t V a lu e .
Vermont & Massachusetts R.R. 5 s ,.
Worcester & Nashua & Rochester
R.R. 4 s ,...........................................
$25,000
$26,250 00
$25,000 00
10,000
9,800 00
10,000 00
$121,000 ;$ 121,100 00
$121,000 00
Total A m ou n t o f L o a n s , with E ach Specified R ate o f In terest.
A m ou n t.
$20,667 12
54,950 00
R a te.
A m ou n t.
R a te.
2J per cent.
4
“
$130,000 00
1,832,617 00
4£ per cent.
5
“
A m ou n t.
$2,500 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oet. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 635
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 722
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893............................................................ 1 2 per cent, 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 1,740
Number of accounts closed during the year ending Oct. 31, 1893,
. 1,599
Total number of open accounts Oct. 31, 1893..................................
10,118
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of t a x e s ) , ..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same.......................................................................................9,518
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of same,
.........................................................................7,493
Date of examination by commissioner: September 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R a te.
6 per cent.
$
1,000 00
1,000 00
14 95
735,407 00
150,939 00
57,554 36
60,618 77
9,154 21
686,266 00
744,492 66
40
R E P O R T O F TH E
[Pub. D oc
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 Feb. 23, 1867.
R
obert
Present number of corporators, 41.
R . E n d ic o t t , President .
C h a s . H . K i l h a m , Treasurer.
C h a s . H . K i l h a m , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
R o b e r t R . E n d ic o t t ,
S a m u e l J. F o st e r ,
A u g u stu s N . C l a r k ,
G eorge B utm an.
Open for business every business d a y, 8.30
B alance
Sh ee t
O ctober
a .m .
to 1.30
r .m .
31, 1893.
Liabilities .
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,
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 town
(notes), .
.
.
.
Loans on depositors’ books,
Deposit in bank, not on interest
Expense account,
Taxes pai d, .
.
.
.
Cash on hand,
$35,000
216,610
28,400
33,000
15,000
25,000
25,000
00
00
00
00
00
00
00
20,000
6,496
599,149
566,671
00
40
64
67*
57,700
50
27,991
163
491
489
00
00
40
16
40
08
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,657,212 75
1,610,336 80
41,860 29
2,879 12
2,136 54
,657,212 75
Cash on Deposit in Bank: —
Beverly National Bank, B e v e rly ,................................................................
$27,991 40
Loans on Bank Stock, amount on each: —
On 270 shares Traders’ National Bank, B o s to n ,....................................
On 25 shares Beverly National Bank, B e v e r l y ,....................................
On 21 shares Beverly National Bank, B e v e r l y ,....................................
On 15 shares Beverly National Bank, B e v e r l y ,....................................
On 10 shares Gloucester Safe Deposit and Trust Company, Gloucester,
On 24 shares First National Bank, S a l e m ,.............................................
* This amount was reduced within the legal limit N ov. 1, 1893.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$19,000 00
2,500 00
2,000 00
2,500 00
2,400 00
No. 8 .]
41
SA Y IN G S B A N K COM M ISSION ERS
Beverly Savings Bank — Continued.
Loan on Railroad Bonds : —
On
$ 1 6 ,0 0 0
Boston & Maine R.R., 4s,
.
.
.
.
.
.
.
$ 1 5 ,0 0 0 00
•j
$ 2 5 ,0 0 0 00
Loan on Railroad Stock: —
On
On
100
100
shares Boston & Maine R .R ., .
shares Concord & Montreal R.R ,*
•
•
Detailed Statement o f Public Funds.
E s tim a t e d
P a r V a lu e .
Town o f Beverly, M ass., 4s,
.
A m ou n t In v e ste d .
M a r k e t V a lu e .
$35,000
$35,000
$35,000
N o. o f
S h a re s .
Detailed Statement o f Bank Stocks.
200
100
100
100
58
75
30
75
20
57
73
80
100
20
20
50
50
61
50
50
50
100
50
50
60
50
P a r V a lu e .
Bevevi v 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,
Nat’l Hide & Leather Bank,
Boston,
.
.
.
.
Howard 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 Redemption, Boston,
Nat’l Bank of the Republic,
Boston,
.
.
.
.
Nat’ l Revere Bank, Boston, .
Shawmut Nat’l Bank, Boston,
Shoe & Leather Nat’l Bank,
Boston,
.
.
.
.
Suffolk Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston,.
Nat’l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
First National Bank, Lynn, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
*
E s tim a t e d
M a r k e t V a lu e .
A m o u n t In v ested .
$20,000
10,000
10,000
10,000
5,800
7,500
3,000
7,500
2,000
5,700
$28,000
11,525
9,025
8,500
6,656
6,375
3,540
7,125
1,842
6,498
00
00
00
00
10
00
00
00
50
00
$20,000
10.000
10,000
10,000
5,800
7,500
3,000
7,500
2,000
5,700
00
00
00
00
00
00
00
00
00
00
7,300
8,000
10,000
2,000
2,000
5,000
5,000
7,701
7,920
9,250
2,860
3,145
5,450
6,100
50
00
00
00
00
00
00
7,300
8,000
10,000
2,000
2,000
5,000
5,000
00
00
00
00
00
00
00
6,100
5,000
5,000
5,000
10,000
5,000
5,000
6,000
5,000
8,906 00
5,000 00
5,600 00
4,500
9,650
4,750
4,500
6,960
7,000
Legal collateral has been substituted.
00
00
00
00
00
00
6,100 00
5,000 00
5,000 00
5,000
10,000
5,000
5,000
6,000
5,000
00
00
00
00
00
00
42
R E P O R T O F TH E
[Pub. D oc.
Beverly Savings Bank — Continued.
Detailed Statement o f Bank Stocks — Concluded.
° 2
o !ä
fc œ
18
177
87
71
67
28
60
67
P a r V a lu e .
E s tim a te d
M a r k e t V a lu e .
Nat’l Grand B’k, Marblehead,
Asiatic Nat’l 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,.
$1,800
5,310
8,700
7,100
6,700
1,400
6,000
6,700
$2,070
5,310
8,700
7,810
7,370
1,680
7,500
8,375
00
00
00
00
00
00
00
00
A m o u n t In v e ste d .
$1,800
5,310
8,700
7,100
6,700
1,400
6,000
6,700
00
00
00
00
00
00
00
00
$216,610 $237,194 10 $216,610 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell K.R. 5s,
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4|s, .
.
.
Fitchburg R.R. 5s, .
.
Estimated
Market Value.
$11,000
2,000
10,000
10,000
$11,330
2,340
10,000
10,300
$33,000
$33,970 00
00
00
00
00
Amount Invested.
$11,000
2,000
10,000
10,000
00
00
00
00
$33,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
A m ou n t.
$246
25.000
25.000
230,443
K a te.
67
00
00
42
0 per cent.
4¿
«.
4|
“
5
“
A m ou n t.
$160,000 00
168,238 47
484,042 75
K ate.
5¿ per cent.
5h
“
6
“
A m o u n t.
$35,000 00
145,000 00
44,000 00
R a te.
6£ per cent.
7
8
“
Amount invested in real estate for banking purposes,.................................... $20,000 00
Estimated value of the same...................................................................................
25,000 00
Assessed value of the s a m e ,.................................................................................
26,025 00
Net income received from same during year ending Oct. 31, 1893,
.
.
387 65
Value, by books, of other real estate held or owned by foreclosure or other
wise, .....................................................................................................................
6,496 40
Assessed value of the s a m e ,.................................................................................
5,375 00
Net income received from same during year ending Oct. 31,1893,
.
.
273 95
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAVINGS BANK COMMISSIONERS.
43
Beverly Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, 500
Aggregate amount of the same.............................................................................. ......
31
Total number of loans upon real e s t a t e , ............................................. 509
Amount of investments from which no income is received, .
.
.
.
246 17
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
81,926 43
Times for the dividends fixed by the by-laws : fourth Wednesday in April
and October.
Rate and amount ofeach semi-annual dividendduring the 1 2 per cent., f
29,324 60
year ending Oct. 31, 1893, .
.
.
.
.
•
J 2 per cent., 1
30,510 73
Number of accounts opened during the year ending Oct. 31, 1893, . 746
Number of accounts closed during the year ending Oct. 31, 1893, . 575
Total number of open accounts Oct. 31, 1893....................................
4,936
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of t a x e s ) , ......................................................................................... 4,317
61
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
351,476 42
Number of same.............................................................. ........................3,994
Amount of withdrawals, includingdividends, during the year ending Oct.
31, 1893.....................................................................................................................
319,327 22
Number of s a m e ,.....................................................4,260
Date of examination by commissioner: April 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
44
BOSTON F IV E CENTS S A V IN G S B A N K — BOSTON.
Incorporated April 7, 1854.
Present number of corporators, 56.
A lonzo H . E yan s , President.
C urtis C. N ichols , Treasurer.
E d w a r d E dmunds , Clerk o f the Corporation.
Names of committee charged with the investment of its funds
A lonzo H. E vans ,
E ustace C. F it z ,
W il l ia m 0 . G ro v e r ,
S am uel A. C arleton ,
L ean der B e a l ,
A . H. D aven po rt ,
W m . R. D u pee .
Open for business every business day, 9 a . m . to 2 p .m . ; also Saturdays, 3 to 5 p .m .,
and 6 to 8 p . m . for deposits only.
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, .
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 (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, .
Expense account,
Real estate rents and expenses,
Cash on hand, .
.
.
.
31, 1893.
L iabilities .
$2,820,151
273,400
691,900
71,400
639,685
401.500
75,000
300.000
50
00
00
00
00
00
00
00
195.000
1,300
8,918,952
5,454,610
00
00
21
00
184.500
994.811
634
318
79,425
00
54
22
89
76
$21,102,589 12
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Premium account, .
Suspense account, .
$19,605,071 63
936,451 90
38,960 49
493,197 72
27,835 25
1,072 13
$21,102,589 12
Cash on Deposit in Banks, amount in each : —
4
National Bank of the Commonwealth, B o s t o n ,.............................................$315,125 79
Winthrop National Bank, B o s t o n , .................................... *.
.
.
109,249 05
National Security Bank, B o s to n ,........................................................................
157,499 36
North National Bank, B o s t o n , ........................................................................
176,371 26
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
45
Boston Five Cents Savings Bank — Continued.
$161,712
55,704
4,149
15,000
Blackstone National Bank, Boston,
Lincoln National Bank, Boston,
Mechanics’ National Bank, Boston,
Pynchon National Bank, Springfield,
63
16
29
00
Loans on Public Funds, amount on each : —
On $2,000 United States 4s, .
On $2,000 City of Boston, Mass., 5s,
On $1,000 City of Providence, R. I., 4Js,
On $1,000 City of Newton, Mass., 6s, .
On $2,000 Town of Winthrop, Mass., 5s,
On $1,000 Town of Saugus, Mass, 4s, .
On $30,000 City of Worcester, Mass., 4s,
On $16,000 City of Chicopee, Mass., 4s,
On $5,000 City of Quincy, Mass., 4s, .
On $67,000 City of Boston, Mass., 4s, .
On $29,000 City of Milwaukee, W is., 5s,
On $4,000 City of Cleveland, Ohio, 5s, .
On $15,000 City of Dover, N. H., 4s, .
On $51,000 City of Providence, R. I., 4s,
On $41,000 City of Taunton, Mass., 4s,
On $5,000 City of Boston, Mass., 5s,
On $2,000 City of Boston, Mass., 3£s, .
On $1,000 City of Somerville, Mass., 4s,
On $1,000 City of Providence, R. I., 5s,
On $1,000 District of Columbia 6s,
On $1,000 City of Boston, Mass., 5s,
$ 2,000 00
1,600 00
I
1,800 00
I
3,000 00
I
50,000 00
I
100,000 00
14.000 00
50.000 00
}■
50,000 00
J
1,000 00
Loans on Bank Stock, amount on each : —
On 25 shares First National Bank, South Weymouth,
.
.
.
.
On 15 shares First National Bank, Woburn.......................................................
On 62 shares National Security Bank, Boston....................................................
On 120 shares Freeman’s National Bank, Boston.............................................. i
On 15 shares Wachusett National Bank, Fitchburg.......................................... J
On 80 shares Freeman’s National Bank, Boston,.............................................
On 50 shares Home National Bank, B r o c k t o n ,.............................................
On 303 shares Continental National Bank, B o s t o n , ....................................
On 200 shares National City Bank, B oston ,......................................................
$2,200 00
1,500 00
6,200 00
12 000 00
6,000
5,000
25,000
13,500
00
00
00
00
Loans on Railroad Bonds, amount on each: —
On
On
On
On
On
$1,500 Maine Central R .R . 7s, .
$150,000 Boston & Maine R .R. 4s, .
$106,000 Concord & Montreal R .R. 4s,
$102,000 Boston & Maine R .R. 4s, .
$53,000 Concord & Montreal R.R. 4s,
$1,500 00
150.000 00
100.000 00
.
100,000 00
50,000 00
Loan on Railroad Stock : —
On 750 shares Boston & Maine R .R .,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$75,000 00
46
R E P O R T O F TH E
[Pub. D oc
Boston Five Cents Savings Bank — Continued.
D etailed Statem ent o f P u blic F unds.
Par Value.
Town of Beverly, Mass., 4s,
of Brookline, Mass., 5s, .
of Danvers, Mass., 5s,
of No. Attleboro’, Mass.,4s,
of No. Easton, Mass , 4s,
of Spencer, Mass., 4s,
City of Biddeford, Me., 4s,
of Boston, Mass., 3^s,
of Boston, Mass., 4s, .
of Boston, Mass., 5s, .
of Boston, Mass., 6 s,.
of Cleveland, Ohio, 4|s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s,
of Chicago, 111., 7s, .
of Columbus, Ohio, 4s,
of Dayton, Ohio, 6s, .
of Detroit, Mich., 7s,.
of East Saginaw, Mich., 5s,
of Fort Wayne, Ind., 6s, .
of Keene, N. H., 4s, .
of Malden, Mass., 4s,
of Milwaukee, Wis., 4s., .
of Norwich, Conn., 4s,
of Milwaukee, Wis., 5s,
of Salem, Mass., 5s, .
Countv of Carroll, N. H., 4s, .
Commonwealth of Mass. 3s,
District of Columbia 5s, .
City of Somerville, Mass., 5s, .
$21,000
50,000
63,000
72,000
47,000
5,000
50,000
624,000
240,000
206,151
150,000
180,000
200,000
24,000
5,000
5,000
70,000
10,000
21,000
8,000
12,000
100,000
10,000
79,000
60,000
145,000
100,000
40,000
80,000
65,000
78,000
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Estimated
Market Value.
$21,000
50,250
63,945
72,000
47,000
5,000
50,000
624,000
240,000
212,712
150,000
180,500
204,000
24,120
5,075
5,550
70,000
10,100
24,150
8,000
12,180
100,000
10,000
79,000
60,000
151,525
102,000
40,000
80,000
65,325
78,540
00
00
00
00
00
00
00
00
00
62
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$21,000
50,000
63,000
72,000
47,000
5,000
50,000
624,000
240,000
206,151
150,000
180,000
200,000
24,000
5,000
5,000
70,000
10,000
21,000
8,000
12,000
100,000
10,000
79,000
60,000
145,000
100,000
40,000
80,000
65,000
78,000
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
$2,820,151 50 $2,845,972 62 $2,820,151 50
*
Legal investments when made.
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
250
411
150
130
202
Par Value.
Atlas National Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston National Bank, Boston,
Boylston Nat’l Bank, Boston,.
National City Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000
41,100
15,000
13,000
20,200
Estimated
Market Value.
$28,500
36,168
13,500
16,510
16,968
00
00
00
00
00
Amount Invested.
$25,000
41,100
15,000
13,000
20,200
00
00
00
00
00
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
47
Boston Five Cents Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
168
100
280
330
100
101
250
100
325
223
47
297
225
150
108
200
50
160
161
515
225
71
395
150
145
300
50
100
100
350
Par Value.
N’l Bank of Commerce, Boston,
Continental N’l Bank, Boston,
National Bank of the Commonwealth, Boston,
Columbian Nat’l Bank, Boston,
National Eagle Bank, Boston,
Nat’l Exchange Bank, Boston,
First National Bank, Boston, .
Hamilton Nat’l Bank, Boston,.
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
North National Bank, Boston,
National Revere Bank, Boston,
N’l B’k of the Republic, Boston,
N’l B’k of Redemption, Boston,
Nat’l Rockland Bank, Boston,
National Union Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Second National Bank, Boston,
Suffolk National Bank, Boston,
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Washington Nat’l B’k, Boston,
Nat’l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
First Nat’l Bank, Marlborough,
Third Nat’l Bank, Springfield,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
$16,800
10,000
28.000
33,000
10,000
10,100
25,000
10,000
32,500
22,300
4,700
29,700
22,500
15,000
10,800
20,000
5,000
16,000
16,100
51,500
22,500
7,100
39,500
15,000
14,500
30,000
5,000
10,000
10,000
35,000
Estimated
Market Value.
Amount Invested.
$18,816 00
11,300 00
$16,800 00
10,000 00
34,160
32,010
8,600
11,716
57,000
11,000
37,050
21,408
6,486
32,076
21,600
21,300
13,176
29,400
6,350
19,200
16,422
88,065
21,825
6,177
34,760
14,550
12,905
34,800
5,000
17,800
9,200
31,850
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
$691,900 $797,648 00
28,000
33,000
10,000
10,100
25,000
10,000
32,500
22,300
4,700
29,700
22,500
15,000
10,800
20,000
5,000
16,000
16,100
51,500
22,500
7,100
39,500
15,000
14,500
30,000
5,000
10,000
10,000
35,000
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
$691,900 00
Detailed Statement o f Railroad Bonds.
P a r V a lu e .
Boston & Albany R.R. 5s,
Boston, Clinton & Fitchburg R.R. 5s,
Eastern R.R. 6s,
. . .
Fitchburg R.R. 7s, .
Boston & Maine R.R. 4 s,.
Old Colony R.R 7s,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
E s tim a t e d
M a r k e t V a lu e .
$300,000 $313,500 00
6,000
6,030 00
76,653 50
69,685
5,000
5,000 00
150.000
150.000 00
109.000
109.000 00
$639,685
A m o u n t In v e ste d .
$300,000
6,000
69,685
5,000
150.000
109.000
00
00
00
00
00
00
$660,183 50 $639,685 00
48
R E P O R T O F TH E
[Pub. D oc.
Boston Five Cents Savings B ank— Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$979,811
18,700
1,940,200
569.000
15,000
545.000
305.000
Kate.
54
00
00
00
00
00
00
3 per cent.
3J
“
4
“
4|
4 _3_ 4«
L6
H
4|
“
Amount.
$1,436,886
1,123,800
370.000
4,276,716
106.000
1,147,500
67,500
Rate.
88
00
00
29
00
00
00
4^ per cent.
4§
“
4£
“
5
òi
5*
5&
“
Amount.
$1,706,275
10,000
261,500
1,001,384
34,000
167,150
592,749
Kate.
00
00
00
50
00
00
54
Amount invested in real estate for banking purposes.......................................
Estimated value of the s a m e , ........................................................................
Assessed value of the s a m e ,.................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number or loans which are of an amount not exceeding 3,000 each,
554
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 926
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1893........................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the 12 per cent., f
year ending Oct. 31, 1893, ...................................................... J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893, 12,768
Number of accounts closed during the year ending Oct. 31, 1893,
9,748
Total number of open accounts Oct. 31, 1893,
.
.
.
.
133,568
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
...................................................... 111,100
Number of same, .
.
•
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of same......................................................................................
95,527
Date of examination by commissioners: November 1 and 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
5è per cent.
5|
5|
6
61
“
6i
“
7
$195,000 00
225,000 00
293,500 00
1,300 00
2,000 00
175 00
1,023,001 29
952,129 66
363,195 46
366,900 43
58,798 75
5,233,679 72
5,879,693 72
No. 8 .]
SA Y IN G S B A N K C O M M ISSIO N ERS.
49
BOSTON P E N N Y S A V IN G S B A N K — BOSTON.
Incorporated April 6, 1864.
Present number of corporators, 98.
G e o r g e W . P o p e , President.
H e n r y R. 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 o pe,
J o h n G o l d t h w a it ,
John Sw e etse r ,
Jo h n A . P r a y ,
W il l i a m A. R u st ,
T h o m a s N. H a r t ,
D e x t e r N. R ic h a r d s .
Open for business every business day, 9
a .m
. to 3 p . m . ; and Saturdays, 5 to 8 p . m .
B a l a n c e Sh e e t O ctober
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,
Deposits in bank, on interest, .
Expense account,
Cash on hand, .
.
.
.
31, 1893.
L ia b il it ie s .
$82,580 50
5,500 00
115.000
906,699
331.000
113,103
466
8,574
Deposits, .
Guaranty fund,
Interest account,
$1,497,006 98
45,000 00
20,917 28
00
58
00
20
00
98
$1,562,924 26
$1,562,924 26
Cash on Deposit in Banks, amount in each : —
Mount Vernon National Bank, Boston,
National Bank of the Commonwealth, Boston,
.
.
$63,103 20
50,000 00
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
50
[Pub. D oc
E E P O E T O F TH E
Boston Penny Savings Bank — Continued.
N o. o f
S h a res.
D etailed Statem ent o f B a n k Stocks.
42
50
50
37
150
100
50
50
25
50
11
41
48
P a r V a lu e .
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Boston National Bank, Boston,
Nat’l B’k of Commerce, Boston,
Everett National Bank, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
Merchants’ Nat’l B’k, 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
E s tim a t e d
M a r k e t V a lu e .
$5,061
5,762
4,650
4,366
13,762
10,550
4,950
5,000
3,575
5,262
1,135
3,854
4,392
00
50
00
00
50
00
00
00
00
50
75
00
00
$72,321 25
A m o u n t In v ested .
$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 A m ou n t o f L o a n s , with Each Specified Rate o f Interest.
Amount.
Rate.
$63,103 20
50,000 00
70,900 00
3 per cent.
4
“
4h
“
Amount.
$73,000 00
787.899 58
160.900 00
Rate.
Amount.
Rate.
4| per cent.
5
“
5h
“
$147,500 00
3,000 00
6 per cent.
7
Amount invested in real estate for banking purposes,.................................... $115,000 00
Estimated value of the s a m e , ........................................................................
100,000 00
Assessed value of the s a m e ,.................................................................................
82,000 00
Net income received from same during year ending Oct. 31, 1893,
.
.
4,322 64
Number of loans which are of an amount not exceeding $3,000 each,. 69
Aggregate amount of the s a m e , ........................................................................
118,899 58
Total number of loans upon real e s t a t e , ............................................. 165
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 3 1 , . 1 8 9 3 , ...............................................................
80,218 35
Times for the dividends fixed by the by-laws: second Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
28,851 23
year ending Oct. 31, 1 8 9 3 ,......................................................i 2 per cent, 1
28,896 87
Number of accounts opened during the year ending Oct. 31, 1893,
1,239
Number of accounts closed during the year ending Oct. 31, 1893,
1,425
Total number of open accounts Oct. 31, 1893,
.
.
.
.
7,209
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA V IN G S B A N K CO M M ISSIO N ERS.
51
Boston Penny Savings Bank — Concluded.
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),................................................................................................... $5,500 07
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
380,855 51
Number of s a m e , .................................................................................9,774
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893.............................................................................................................
450,213 20
Number of same.......................................................................................7,410
Date of examination by commissioner : February 6.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R E P O E T O F TH E
52
[Pub. D oc.
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, 42.
B e n j a m in F. D y e r , President.
C. H . H o b a r t , Treasurer.
C. H . H o b a r t , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
B e n j a m in F. D y e r ,
N. H . H u n t ,
P . D . H o lbrook.
Open for business every business day, 8
B a l a n c e Sh e e t O c to 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,
Deposit in bank, on interest,
Expense account,
Insurance,....................................
Cash on hand, .
.
.
.
a .m .
to 6
p .m .
31, 1893.
L ia b il it ie s .
$16,000
33,720
45,000
120,565
300
2,591
134
7
134
00
00
00
00
00
97
48
70
59
Deposits, .
Guaranty fund,
Interest account,
$203,844 53
5,406 12
9,203 09
$218,453 74
$218,453 74
Cash on Deposit in Bank : —
Shawmut National Bank, Boston,
$2,591 97
D etailed Statem ent o f P u blic F u n d s.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
City of Boston, Mass., 6s,
of New Bedford, Mass., 5s,
of Worcester, Mass., 4^s,.
Town of Braintree, Mass., 4s, .
of Brookline, Mass., 5s,
of Chatham, Mass., 4is,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,000
3,000
2,000
5,000
3,000
1,000
$16,000
$2,000
3,180
2,080
5,000
3,165
1,000
00
00
00
00
00
00
$16,425 00
A m o u n t In v ested .
$2,000
3,000
2,000
5,000
3,000
1,000
00
00
00
00
00
00
$16,000 00
No. 8 .]
53
SA Y IN G S B A N K COM M ISSION ERS
Braintree Savings Bank — Continued.
D etailed Statem ent o f B a n k Stocks.
a
O O
E s tim a t e d
P a r V a lu e .
O 2
55
^
7
20
15
31
10
10
8
18
25
28
45
34
5
8
25
22
16
Merchants’ Nat’l Bank, Boston,
Manufacturers’ N’l B’k, Boston,
State National Bank, Boston,
Blackstone Nat’l Bank, Boston,
N’l B’k of N. America, Boston,
N’l Hide & Leather B’k, Boston,
Winthrop Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Mt. Vernon N’l Bank, Boston,
Shawmut Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston,
Globe National Bank, Boston,
Nat’l Exchange Bank, Boston,
Brockton Nat’l Bank, Brockton,
Union Nat’l Bank, Weymouth,
Union Market National Bank,
Watertown, .
.
.
.
A m o u n t In v ested .
M a r k e t V a lu e .
$1,001
1,950
1,535
2,797
1,052
1,055
928
1,710
2,250
3,500
5,040
3,230
460
944
2,750
2,530
$700
2,000
1,500
3,100
1,000
1,000
800
1,800
2,500
2,800
4,500
3,400
500
800
2,500
2,200
00
00
62
75
50
00
00
00
00
00
00
00
62
00
00
00
$700
2,000
1,500
3,100
1,000
1,000
800
1,800
2,500
3,500
4,500
3,400
500
800
2,500
2,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1,600
2,000 00
1,920 00
$32,700
$34,734 49
33,720 00
D etailed Statem ent o f R ailroad Bonds.
----------— — ------------------------------P a r V a lu e .
Boston & Maine R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .
Newport & Richford R.R. 5s, .
N. Y. & N. E. R.R. (terminal), 4s, .
Old Colony R.R. 4s,
. . .
Portland & Ogdensburg R.R. 6s,
Vermont & Massachusetts R.R. 5s, .
Upper Coos R.R. 4^s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,960
2,000
3,110
3,000
5,150
5,000
10,000
5,400
5,250
5,000
$2,000
2,000
3,000
3,000
5,000
5,000
10,000
5,000
5,000
5,000
$45,000
*
E s tim a t e d
M a r k e t V a lu e .
00
00
00
00
00
00
00
00
00
00
$45,870 00
A legal investment when made.
A m o u n t In v e ste d .
$2,000
2,000
3,000
3,000
5,000
5,000
10,000
5,000
5,000
5,000
00
00
00
00
00*
00
00
00
00
00
$45,000 00
54
R E P O R T O F TH E
[Pub. D oc
Braintree Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Rate.
$2,591 97
35,600 00
2£ per cent.
5
“
Amount.
$3,200 00
80,565 00
Rate.
5^ per cent.
6
“
Amount.
$100 00
1,400 00
Rate.
6£ per cent.
7
Number of loans wbich are of an amount not exceeding $3,000 each, 104
Aggregate amount of the s a m e , ........................................................................ $109,665 00
Total number of loans upon real e s t a t e , ............................................. 105
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
11,692 83
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of eachsemi-annual dividend during the ) 2 per cent., f
3,968 32
year ending Oct. 31,1 8 9 3 , ......................................................... 1 2 per cent., 1
3,959 40
Number of accounts opened during the year ending Oct. 31, 1893,
. 114
Number of accounts closed during the year ending Oct. 31, 1893,
. 92
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 736
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
801 06
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,............................................................... .........
51,747 15
Number of s a m e , .......................................................................................... 765
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
63,528 92
Number of s a m e , .......................................................................................... 583
Date of examination by commissioner : March 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
55
S A Y IN G S B A N K CO M M ISSION ERS.
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, 23.
S p e n c e r L e o n a r d , President.
S a m u e l P . G a t e s , Treasurer.
G e o r g e M. H o o p e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
L a f a y e t t e K e it h ,
C h arles K . P ra tt,
J a m e s C. L e a c h ,
Sa m u e l P . G a t e s ,
H o se a K in g m a n .
Open for business every business day, 7.30
a .m .
B a l a n c e Sh e e t O c to b er
p .m .
; 1.30 to 6
p .m .
31, 1893.
L ia b ilit 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,
Loan on railroad stock,
Real estate (for banking pur
poses),
....................................
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,
Cash on hand, .
.
.
.
to 12.30
$37,000
2,760
61,077
1,000
54,000
250
00
00
75
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account,
Suspense account, .
$467,098 29
21,800 00
4,501 80
366 27
56 00
5,450 00
213,852 00
108,495 79
5,200
300
2,027
8
2,401
00
00
37
00
45
$493,822 36
$493,822 36
Cash on Deposit in Bank: —
First National Bank, Boston,.................................................................................$2,027 37
Loan on Public Funds: —
On $3,000 Chicago, 111., 7 s , ................................................................................. $2,760 00
Loans on Bank Stock, amount on each: —
On 8 shares Plymouth National Bank, Plymouth.............................................$700 00
On 5 shares Brockton National Bank, Brockton,
.
.
.
.
.
300 00
Loan on Railroad Stock: —
On 2 shares Old Colony R . R . , ........................................................................ $250 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. D oc.
R E P O R T O F TH E
56
Bridgewater Savings Bank — Continued.
D etailed Statem ent o f P u blic F u nd s.
E s tim a t e d
P a r V a lu e .
City of Boston, Mass., 5s,
of Chicago, 111., 4s, .
of Fall River, Mass., 6s,
of Grand Rapids, Mich.,
of Lewiston, Me., 5s,
of Dayton, Ohio, 5s,
of Milwaukee, Wis., 5s,
of Saginaw, Mich., 5s,
.
5s,
.
.
.
*
$5,500
4,850
6,690
5,000
5,500
5,200
5,350
1,030
$5,000
5,000
6,000
5,000
5,000
5,000
5,000
1,000
$37,000
A m o u n t In v ested .
M a r k e t V a lu e .
00
00
00
00
00
00
00
00
$39,120 00
$5,000
5,000
6,000
5,000
5,000
5,000
5,000
1,000
00
00
00
00
00
00*
00
00
$37,000 00
A legal investment when made.
No. of
S h ares.
D etailed Statem ent o f B a n k Stocks.
13
70
44
10
40
20
10
20
10
20
30
6
30
30
20
24
30
10
10
30
22
25
36
E s tim a t e d
P a r V a lu e .
Abington N’l Bank, Abington,
Blackstone N’l Bank, Boston, .
Boylston National B’k, Boston,
Faneuil Hall N’l B’k, Boston,.
Fourth National Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Howard National B’k, Boston,
Merchants’ Nat’l Bank, Boston,
National Eagle Bank, Boston,
N’l B’k of Redemption, Boston,
National Security B’k, Boston,
North National Bank, Boston,
N’l B’k of No. America, Boston,
N’l Rockland Bank, Boston, .
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
South End Nat’l Bank, Boston,
Washington Nat’l B’k, Boston,
Brockton Nat’l B’k, Brockton, .
Home National B’k, Brockton,
Blue Hill Nat’l Bank. Milton,
Bristol Co. Nat’l B’k, Taunton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A m ou n t In v ested .
M a r k e t V a lu e .
$1,300
7,000
4,400
1,000
4,000
2,000
1,000
2,000
1,000
2,000
3,000
600
3,000
3,000
2,000
2,400
3,000
1,000
1,000
3,000
2,200
2,500
3,600
$1,664 00
6,317 50
5,390 00
1,200 00
4,700 00
1,900 00
921 25
1,980 00
1,430 00
1,700 00
3,660 00
1,380 00
3,270 00
3,157 50
2,900 00
2,688 00
3,071 25
850 00
1,000 00
3,300 00
3,300 00
2,750 00
4,860 00
$1,300 00
7,000 00
5,546 75
1,000 00
4,175 00
2,000 00
1,000 00
2,000 00
1,000 00
2,000 00
3,000 00
600 00
4,320 00
3,646 00
2,770 00
2,400 00
4,020 00
1,000 00
1,000 00
3,000 00
2,200 00
2,500 00
3,600 00
$56,000
$63,389 50
$61,077 75
No. 8 .]
57
SA Y IN G S B A N K CO M M ISSION ERS.
Bridgewater Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds.
E s tim a t e d
P a r V a lu e .
Boston & Maine R 11. 7s, .
Boston, Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Old Colony R.R. 4s, .
Old Colony R.R. 4-is,
Old Colony R.R. 6s, .
Portland & Ogdensburg R.R. 6s,
Maine Central R.R. 7s,
Upper Coos R.R. 4|s,
$1,000
3,000
5,000
5,000
5,000
10,000
5,000
5,000
5,000
5,000
5,000
$54,000
M a r k e t V a lu e .
$1,000
3,150
4,850
5,200
5,250
10,000
5,050
5,250
5,400
6,500
5,000
A m ou n t In v ested .
$1,000
3,000
5,000
5,000
5,000
10,000
5,000
5,000
5,000
5,000
5,000
00
00
00
00
00
00
00
00
00
00
00
$56,650 00
00
00
00
00
00
00
00
00
00
00
00
$54,000 00
Total A m ou n t o f L oa n s , w ith E ach Specified Rate of In terest.
Amount.
$265 79
2,027 37
71,200 00
Kate.
0 per cent.
14
“
5
“
Amount.
$30,000 00
228,892 00
Rate.
5^ per cent.
6
“
Amount.
$1,300 00
200 00
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the sam e,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding f>3,000 each, 195
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 158
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend during the 1 2^ per cent , |
year ending Oct. 31, 1 8 9 3 ,............................................. * 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 209
Number of accounts closed during the year ending Oct. 31, 1893,
. 136
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,620
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893.............................................................................................
Number of s a m e ,................................................................................. 1>266
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
Number of s a m e , .................................................................................1,203
Date of examination by commissioner: May 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
7 per cent.
8
“
$5,450 00
5,450 00
6,000 00
112 75
182,285 16
265 79
27,025 41
10,909 48
8,925 91
1,597 00
93,634 78
104,656 13
58
R E P O R T O F TH E
B R IG H T O N F IV E
CENTS S A V IN G S
BOSTON.
Incorporated March 28, 1861.
N.
W
a r r e n
S
B A N K — (W A R D 25),
Present number of corporators, 113.
President.
G e o r g e E. B
e o r g e
E. B r o c k , Clerk o f the Corporation.
a n b o r n
G
[Pub. D oc
,
r o c k
Treasurer.
,
N am es o f com m ittee ch arged with the investm ent o f its funds :
N. W . S a n b o r n
G. A . F uller,
B en j. M . F is k e ,
P. M olet,
,
W . F. W
arren.
Open for business every business day, except Saturdays, 9 a . m . to 12 m . ; 2 to 4
Saturdays, 9 a . m . to 12 m ., and for deposits only, 7 to 9 p . 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,
Railroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Expense account,
Furniture and fixtures,
Cash on hand,
.
.
.
.
p
.m .
$460,495
11,700
7,619
2,559
16
45
00
96
86
59
31, 1893.
L ia b ilit ie s .
$38,200
36,735
84,487
5,543
283,855
16,300
14,821
652
1,041
755
00
00
50
46
00
00
72
27
30
61
Deposits, .
Guaranty fund,
Interest account,
Reserve fund, .
Rent account, .
$482,391 86
$482,391 86
Cash on Deposit in Bank : —
National Market Bank, Boston,
$14,821 72
D etailed Statem ent o f Public F u n d s.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
City of Boston, Mass., 4s,
of Lynn, Mass., 4s, .
of Chelsea, Mass., 4s,
of Chicago, 111., 4s, .
County of Aroostook, Me., 4|s,
Town of Attleborough, Mass., 4s, .
City of Cleveland, Ohio, 5s, .
of Erie, Pa., 7s,
. . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
6,000
2,000
10,000
5.000
2.000
3.000
5.000
$38,000
$5,150
6,000
2,020
10,000
5,200
2,000
3,240
5,037
00
00
00
00
00
00
00
50
$38,647 50
A m ou n t In v ested .
$5,000
6,000
2,000
10,000
5,000
1,985
3,202
5,012
00
00
00
00
00
00
50
50
$38,200 00
No. 8.]
59
SAYINGS BANK COMMISSIONERS
Brighton Five Cents Savings Bank — Continued.
N o. o f
S h ares.
Detailed Statement o f Bank Stocks.
12
12
5
10
15
19
23
15
10
25
10
30
30
18
5
21
13
10
10
22
25
20
5
4
E s tim a t e d
P a r V a lu e .
Blackstone Nat’l B’k, Boston, .
Boylston Nat’l Bank, Boston, .
Central Nat’l Bank, Boston, .
Columbian Nat’l B’k, Boston,.
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Nat'l Hide & Leather Bank,
Boston, .
.
.
.
.
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Merchants’ Nat’ l B’k, Boston,.
Metropolitan N’l B’k, Boston,.
Nat’l Market Bank, Brighton,.
Old Boston Market Bank,
Boston,
.
.
.
.
Nat’l Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Shoe & Leather Nat’l Bank,
Boston,..................................
State National Bank, Boston, .
Suffolk National Bank, Boston,
Third National Bank, Boston,.
Tremont Nat’l Bank, Boston, .
Nat'l Webster Bank, Boston, .
First National Bank, Lynn, .
Union Market National Bank,
Watertown, .
.
.
.
A m o u n t In v ested .
M a r k e t V a lu e .
$1,200
1,200
500
1,000
1,500
1,900
2,300
$1,080
1,500
765
1,000
1,725
1,748
2,438
00
00
00
00
00
00
00
$1,200
1,200
500
1,000
1,500
1,900
2,300
00
00
00
00
00
00
00
1,500
1,000
2,500
1,000
3,000
3,000
1,575
990
2,475
1,430
2,940
2,700
00
00
00
00
00
00
1,500
1,000
2,500
1,000
3,000
3,000
00
00
00
00
00
ÙU
1,800
500
2,100
1,782 00
500 00
2,352 00
1,800 00
500 00
2,100 00
1,300
1,000
1,000
2,200
2,500
2,000
500
1,170
1,030
930
2,035
2,375
1,840
675
1,300
1,000
1,000
2,035
2,500
2,000
500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
400
400 00
400 00
$36,900
$37,455 00
$36,735 00
Detailed Statement o f Railroad Bonds.
E s tim a t e d
P a r V a lu e .
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston, Winthrop & Shore R.R. 5 s,.
Concord & Montreal R R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R R. 5s,
Maine Central R.R. 7s,
New York, Providence & Boston
R.R. 7 s,............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
7,000
3,000
5,000
4,000
8,000
1,500
10,000
3,000
A m o u n t In v ested .
M a r k e t V a lu e .
$20,000
7,000
3,270
5,000
4,000
8,620
1,635
12,320
00
00
00
00
00
00
00
00
3,390 00
$20,000
7,000
3,000
4,997
3.990
8,000
1,500
10,000
00
00
00
50
00
00
00
00
3,000 00
60
REPORT OF THE
[Pub. Doc.
Brighton Five Cents Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds — Concluded.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Portland & Kennebec R.R. 6s,
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls & Conway
R R. 4is,
.
.
.
.
.
Old Colony R.R. 4 s,.
A m o u n t In v ested .
$4,000
5.000
$4,040 00
5,600 00
$4,000 00
5.000 00
10,000
4.000
11,000 00
4,000 00
10,000 00
4.000 00
$84,500
$89,875 00
$84,487 50
Total Amount o f Loans, with Each Specified Rate o f Interest.
A m ou n t.
$14,821 72
73,100 00
K ate.
2£ per cent.
5
A m ou n t.
$22,700 00
204,255 00
K ate.
5J per cent.
6 “
A m ou n t.
K a te .
$100 00 8 per cent.
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each,. 115
Aggregate amount of the same,
.
.............................................
Total number of loans upon real e s t a t e , ............................................. 133
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
$5,543 46
6,100 00
334 84
184,855 00
25,220 77
Times for the dividends fixed by the by-laws: first Saturday in January
and July.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893.......................................................... 12 per cent, I
Number of accounts opened during the year ending Oct. 31,1893,
. 459
Number of accounts closed during the year ending Oct. 31,1893,
. 252
2,379
Total number of open accounts Oct. 31, 1893....................................
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of t a x e s ) , ..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e ,.......................................................................................... 3,337
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , .......................................................................................... 1,916
Date of examination by commissioner: April 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
7,834 44
8,354 69
2,188 34
153,868 76
142,888 15
61
SAYINGS BANK COMMISSIONERS.
No. 8.]
BR ISTO L CO U N TY S A V IN G S B A N K — T A U N TO N .
Incorporated March 2, 1846.
Joseph E . W
Pfesent number of corporators, 92.
President.
A lf r ed C. P l a c e , Treasurer.
A lfred C. P l a c e , Clerk o f the Corporation.
il b a r ,
Names of committee charged with the investment of its funds :
J oseph E . W il b a r ,
Z a cheu s S h e r m a n ,
W il l ia m H. F o x ,
E zra D avo l ,
S il a s D. P r e s b r e t .
Open for business every business day, except Saturdays, 9 a .m . to 1 p .m . ; Saturdays,
9 a .m . to 4 P.M.
B a l a n c e Sh e e t O cto b er
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,
Loan on railroad bonds,
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, .
.
.
.
31, 1893.
L ia b ilit ies .
$1,030,000 00
100,000 00
352,500 00
1,400 00
500.000 00
50.000 00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$3,979,328 13
165,500 00
30,992 58
4,183 56
25.000 00
100 00
1,109,440 00
730,645 00
170.000
765
65,639
588
43,925
00
00
75
92
60
$4,180,004 27
$4,180,004 27
Cash on Deposit in Banks, amount in each : —
Pynchon National Bank, Springfield, .
National Bank of Redemption, Boston,
National Exchange Bank, Boston,
Bristol County National Bank, Taunton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000
1,327
12,624
26,688
00
18
22
35
REPORT OF THE
62
[Pub. Doc
Bristol County Savings Bank — Continued.
Loans on Public Funds, amount on each : —
On $8,000 City of Haverhill, Mass., 4s,
.............................................
On $16,000 City of Providence, R. I., 4 s , .............................................
On $3,000 City of Boston, Mass., 4s.............................................................
On $16,000 City of Haverhill, Mass , 4s......................................................
On $11,000 City of Providence, R. I., 4s,
. . * . . . .
On $25,000 City of Boston, Mass., 4 s , ......................................................
On $29,000 City of Providence, R. I., 4 s , .............................................
I $25,000 00
I
25,000 00
[
50,000 00
Loans on Bank Stock, amount on each : —
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,
On 2 shares Bristol County National Bank, Taunton, .
Ì
I-
I
J
$1,200 00
200 00
Loan on Railroad Bonds : —
On $60,000 Connecticut & Passumpsic Rivers R.R. 4s,
.
.
.
$50,000 00
Detailed Statement o f Public Funds.
P a r V a lu e .
City of Boston, Mass., 4 s,.
of Brockton, Mass , 4s & 5s,
of Chelsea, Mass., 4s,
of Chicago, 111., 4s, .
of Cleveland, Ohio, 4s,
of Columbus, Ohio, 4s,
Town of Cranston, R. I,, 4s,
City of Dayton, Ohio, 4s,
of Detroit, Mich., 4s,
of Dover, N. H., 6s, .
of Gloucester, Mass., 4s, .
of Holvoke, Mass., 4s,
of Haverhill, Mass., 4s,
of Lynn, Mass., 4s, .
of Malden, Mass , 4s,
of New Bedford, Mass., 3|s,
of New Bedford, Mass., 5s,
of New London, Conn., 4s,
of Newport, R I., 4s,
of Newton, Mass., 4s,
of Pawtucket, R. 1 , 4s,
of Providence, R. 1 , 5s,
of Somerville, Mass., 4s, .
of Springfield, Ohio, 4|s, .
of Taunton, Mass., 4s,
of Woonsocket, R. I., 4s, .
of Rockland, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
50,000
50,000
100,000
50,000
50,000
25,000
20,000
50,000
10,000
25,000
50,000
50,000
20,000
50,000
10.000 I
20.000 Ì
30,000
10,000
50,000
20,000
50,000
20,000
20,000
100,000
30,000
20,000
$1,030,000
E s tim a t e d
M a r k e t V a lu e .
$50,000
51,000
50,000
100,000
50,000
50,000
25,000
20,000
50,000
10,500
25,000
50,000
50,000
20,000
50,000
A m o u n t In v ested .
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$50,000
50,000
50,000
100,000
50,000
50,000
25,000
20,000
50,000
10,000
25,000
50,000
50,000
20,000
50,000
30,600 00
510,000
oo
} 20,000
30,000
10,000
50,000
20,000
50,000
20,000
20,000
100,000
30,000
20,000
00
00
00
00
00
00
00
00
00
00
00
30,000
10,000
50,000
20,000
53,500
20,000
20,000
100,000
30,000
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
00
$1,035,600 00 $1,030,000 00
Legal investments when made.
No. 8.]
SAYINGS BANK COMMISSIONERS
63
Bristol County Savings Bank — Continued.
N o. o f
S h a res.
Detailed Statement o f Bank Stocks.
100
100
100
50
50
100
25
100
100
50
100
100
100
150
50
100
100
50
100
100
100
100
50
100
100
100
50
100
100
50
100
50
100
150
150
100
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Atlantic Nat’l Bank, Boston, .
Atlas National .Bank, Boston,.
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Columbian Nat’l B’k, Boston, .
Everett Nat’l Bank, Boston, .
Eliot National Bank, Boston, .
Faneuil Hall Nat’l B’k, Boston,
First National Bank, Boston, .
Freeman’s Nat’l B’k, Boston, .
Hamilton Nat’l B’k, Boston, .
Howard Nat’l Bank, Boston, .
Metropolitan Nat’l B’k, Boston,
Merchants’ Nat’l Bank, Boston,
Mt. Vernon Nat’l Bank, Boston,
N’l B’k of the Republic, Boston,
Nat’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 B’k, Boston, .
State National Bank, Boston, .
Second National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Washington Nat’l B’k, Boston,
First National Bank, Chelsea,
Bristol Co. Nat’l B’k, Taunton,
Machinists’ Nat’l B’k, Taunton.
Taunton Nat’l Bank, Taunton,
Third Nat’l Bank, Springfield,
$10,000
10,000
10,000
5,000
5,000
10,000
2,500
10,000
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
10,000
5,000
10,000
10,000
5,000
10,000
5,000
10,000
15,000
15,000
10,000
$12,000
11,500
9,300
6,200
5,850
9,000
2,850
12,000
23,000
5,250
11,300
10,000
9,700
21,000
6,600
1-1,500
11,700
5,250
12,500
11,800
9,500
10,500
7,250
12,900
10,900
16,000
5.600
10,200
18,000
4,700
10,000
6,000
13,500
23,250
21,750
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
00
00
00
00
00
00
00
00
00
00
00
00
A m o u n t In v e ste d .
$10,000
10,000
10,000
5,000
5,000
10,000
2,500
10,000
22,000
5,<*00
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
10,000
5,000
10,000
16,000
5,000
10,000
5,000
10,000
21,000
15,000
16,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$322,500 $409,350 00 $352,500 00
Detailed Statement o f Railroad Bonds.
P a r V a lu e .
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston & Lowell R.R. 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
50,000
E s tim a t e d
M a r k e t V a lu e .
$52,500 00
50,000 00
A m o u n t In v e ste d .
$50,000 00
50,000 00
64
REPORT OF THE
[Pub. Doc.
Bristol County Savings Bank — Continued.
Detailed Statement o f Railroad Bonds — Concluded.
P a r V a lu e .
E s tim a te d
M a r k e t V a lu e .
Boston & Maine R.R. 4s, .
Boston & Providence R.R. 4s, .
Boston, Revere Beach & Lynn R.R. 6s,
Concord & Montreal R.R. 4s, .
Fitchburg R R. 5s, .
Maine Central R.R. 4^s, .
Old Colony R.R. 4s,.
.
Vermont & Massachusetts R.R 5s, .
Worcester, Nashua & Roch. R.R. 4s,
$50,000
50,000
15,000
50,000
40,000
25,000
100,000
20,000
50,000
$500,00
$50,000
50,000
15,600
50,000
40,800
25,000
100,000
20,600
50,000
00
00
00
00
00
00
00
00
00
A m o u n t In v e ste d .
$50,000
50,000
15,000
50,000
40,000
25,000
100,000
20,000
50,000
00
00
00
00
00
00
00
00
00
$504,500 00 $500,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
A m ou n t.
$26,688
12,624
1,327
40.000
20.000
70,000
125,000
35
22
18
00
00
00
00
2 per cent.
2h
“
3
“
H
“
3|
4
“
4i
Amount.
$186,400
50.000
25.000
367,700
55,900
25.000
Rate.
00
00
00
00
00
00
4£ per cent.
4|
4J
“
5
“
5|
“
5f
“
Amount.
$334,750
8,000
843.000
13.700
22,400
400
00
00
00
00
00
00
Rate.
5£ per cent.
5|
6
6£
7
8
Amount invested in real estate for hanking purposes,.................................... $25,000 00
Estimated value of the s a m e , ........................................................................
30,000 00
Assessed value of the same......................................................................................
30 500 00
Net income received from same during year ending Oct. 31, 1893,
.
.
750 00Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
100 00
Assessed value of the same......................................................................................
100 00
Number of loans which are of an amount not exceeding $3,000 each, 753
Aggregate amount of the s a m e , ........................................................................
657,190 00
Total number of loans upon real e s t a t e , ............................................. 766
Amount of investments from which no income is received...............................
100 00
Gross amount of interest or profits received or earned, as per books, during
year ending Oct 31, 1 8 9 3 ,.................................................................................
206,554 79
Times for the dividends fixed by the by-laws: April 1 and October 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
76,965 98
year ending Oct. 31, 1 8 9 3 ,...................................................... J 2 per cent., 1
77,060 57
Number of accounts opened during the year ending Oct. 31, 1893,
1,257
Number of accounts closed during the year ending Oct. 31, 1893,
1,382
Total number of open accounts Oct. 31,1893,
.
.
.
.
10,230
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAVINGS BANK COMMISSIONERS.
65
Bristol County Savings Bank — Concluded.
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes).................................................................................................................. $8,423 41
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..............................................................................................
682,44188
Number of same...................................................................................... 7,552
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.........................................................................................................................
817,18675
Number of s a m e ,................................................................................. 7,677
Date of examination by commissioner : May 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
»
[Pub. Doc.
REPORT OF THE
66
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 March 9, 1872.
Present number of corporators, 24.
T homas S cott, President.
G il b e r t E . H ood , Treasurer.
G il b e r t E. H ood , Clerk o f the Corporation.
■Names of committee charged with the investment of its funds :
T homas S cott,
A. W . S te a r n s ,
W il l ia m P. C l a r k ,
C. C. C losson ,
M orris K n o w l e s .
Open for business every business day, except Saturdays, 9
B a l a n c e Sh e e t O c t o b er
to 1 p . m .
31, 1893.
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,
Loans on railroad stock, .
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Cash on hand, .
.
.
.
a .m .
$169,000
134,100
77,600
225,000
25,000
33,150
444,388
179,750
500
77,172
4,904
00
00
00
00
00
00
00
00
00
31
71
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,370,565 02
$1,280,643 68
40,800 00
24,511 23
24,610 11
$1,370,565 02
Cash on Deposit in Banks, amount in each : —
Lawrence National Bank, Lawrence,
Arlington National Bank, Lawrence,- .
First National Bank, Merrimac, .
.
.
$52,172 31
15,000 00
.
10,000 00
Loans on Bank Stock, amount on each: —
On 134 shares Bay State National Bank, Lawrence,
On 40 shares Arlington National Bank, Lawrence,
On 33 shares Arlington National Bank, Lawrence,
On 12 shares Lawrence National Bank, Lawrence,
On 171 shares Pacific National Bank, Lawrence, .
On 100 shares Fourth National Bank, Boston,
On 70 shares Broadway National Bank, Boston,
On 18 shares Fourth National Bank, Boston,
On 20 shares Somerville National Bank, Somerville,
On 200 shares Broadway National Bank, Boston,
On 150 shares Traders’ National Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
3,500
00
00
00
00
10,000 00
4,500
13,600
10,000 00
00
10,000 00
16,000
No. 8.]
SAYINGS BANK COMMISSIONERS
67
Broadway Savings Bank — Continued.
Loan on Railroad Bonds : —
On $30,000 Connecticut & Passumpsic Rivers R .R., 4s,
.
.
.
.
$25,000 00
Loans on Railroad Stock, amount on each : —
On 182 shares Boston & Maine R . R . , ............................................................... $18,150 00
On 150 shares Boston & Maine R .R ......................................................................
15,000 00
Detailed Statement o f Public Funds.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
City of
of
of
of
of
of
Chicago, 111., 4s, .
East Providence, R. I., 4s, .
Eynn, Mass., 4s, .
Peoria, 111., 4is, .
Marlborough, Mass., 4s,
Concord, N. H., 4s,
$25,000
75.000
15.000
24.000
5,000
25.000
$169,000
$24,750
75.000
15.000
24,330
5,000
25.000
00
00
00
00
00
00
$169,080 00
A m ou n t In v e ste d .
$25,000
75.000
15.000
24.000
5,000
25.000
00
00
00
00
00
00
$169,000 00
N o. o f
S h a re s .
Detailed Statement o f Bank Stocks.
50
50
33
50
50
50
50
100
50
44
50
15
50
50
76
100
100
169
64
140
l ’ a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Globe National Bank, Boston, .
Hamilton Nat’l Bank, Boston,.
Howard Nat’l Bank. Boston, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston, .
Nat’l B’k of Commerce, Boston,
N’l B’k of No. America, Boston,
National City Bank, Boston, .
National Eagle Bank, Boston,.
N’l Hide & Leather B’k, Boston,
Nat’l Webster Bank, Boston, .
State National Bank, Boston, .
Shawmut Nat’l Bank, Boston,.
Shoe & Leather N’l B’k, Boston,
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Bay State N’l B’k, Lawrence,.
Lawrence N’l Bank, Lawrence,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
5,000
3,300
5,000
5,000
5,000
5,000
10,000
5,000
4,400
5,000
1,500
5,000
5,000
7,600
10,000
10,000
16,900
4,800
14,000
$132,500
$5,775
4,400
3,052
5,700
4,950
4,875
4,600
11,800
5,262
3,740
4,250
1,582
4,500
5,118
8,212
9,000
9,650
16,055
8,000
16,800
00
00
00
00
00
00
00
00
50
00
00
50
00
75
00
00
00
00
00
00
A m o u n t In v ested .
$5,000
5,000
3,300
5,000
5,000
5,000
5,000
10,000
5,000
4,400
5,000
1,500
5,000
5,000
7,600
10,000
10,000
16,900
6,400
14,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$137,322 75 $134,100 00
REPORT OF THE
68
[Pub. Doc
Broadway Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
P a r V a lu e .
Boston & Albany R.R. 5s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston & Providence R R. 4s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,.
$10,000
50.000
10.000
50.000
30.000
50.000
25.000
$225,000
E s tim a te d
M a r k e t V a lu e .
$10,600
49.500
9,800
50.000
29,400
52.500
25.000
00
00
00
00
00
00
00
A m o u n t In v e ste d .
$10,000
50.000
10.000
50.000
30.000
50.000
25.000
00
00
00
00
00
00
00
$226,800 00 $225,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.
Amount.
$37,172
15,000
53,150
389,300
31
00
00
00
3^ per cent.
4k
4|
5
Amount.
$40,000 00
47,900 00
10,000 00
Kate.
Amount.
5| per cent.
54
“
51
“
$241,255 00
95 00
3,688 00
Kate.
6
per cent.
64
7
Number ofloans which are of an amount not exceeding $3,000 each, . 201
Aggregate amount of the same,
.
.
.
............................................. $245,888 00
Total number of loans upon real e s t a t e , ............................................. 226
Gross amount of interest or profits received or earned, as per books, during
64,093 65
year ending Oct 31, 1893.....................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in April
and October.
23,883 99
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ...................................................... i 2 per cent., 1
24,417 64
Number of accounts opened during the year ending Oct. 31, 1893,
. 652
Number of accounts closed during the year ending Oct. 31, 1893,
. 637
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,073
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
4,458 59
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
302,819 88
ending Oct. 31, 1 8 9 3 ,.................................... .....................................................
Number of s a m e ,.......................................................................................... 3,525
Amount of withdrawals, including dividends, during the year ending Oct.
309,354 92
31, 1893.....................................................................................................................
Number of s a m e , ...........................................................................................2,523
Date of examination by commissioner: January 31.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
69
BROCKTON S A V IN G S B A N K — BROCKTON.
Incorporated March 3, 1881.
Present number of corporators, 49.
B aalis Sanford , President.
C h arles C. C rooker , Treasurer.
W il l ia m W . C ross , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
D avis S. P a c k a r d ,
E nos H. R eynolds ,
B radford E . J ones ,
G a r d n e r J. K in g m an ,
A. Cranston T hompson .
Open for business every business day, 9 a . m . to 2 p .m .
B a la n c e S h eet O ctober
A ssets .
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,
Premium account,
Furniture and fixtures,
Suspense account,
Cash on hand, .
.
.
.
31, 1893.
L ia b il it ie s .
$233,020 00
20,800 00
186,000 00
88,000
772,745
250,150
9,829
302
5,924
9,000
239
4,069
00
00
00
75
33
81
00
18
18
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count,
Uncompleted mort
gage loans, .
Real estate income
account,
$1,580,080 25
$1,519,325 60
46,500 00
2,289 36
8,000 00
3,550 00
415 29
$1,580,080 25
Cash on Deposit in Banks, amount in each : —
Brockton National Bank, B r o c k t o n ,...............................................................$5,013 68
Home National Bank, B r o ck to n ,....................................................................... 4,816 07
Detailed Statement o f Public Funds.
Par Value.
City of Biddeford, Me., 4s,
of Bi’ockton, Mass., 4s,
of Brockton, Mass., 5s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s,
District of Columbia 6s, .
of Columbia 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
206,320
5,700
5,000
5,000
7,000
3,000
$233,020
Estimated
Market Value.
$1,000
206,320
5,985
5,250
5,000
8,330
3,540
00
00
00
00
00
00
00
Amount Invested.
$1,000
206,320
5,700
5,000
5,000
7,000
3,000
00
00
00
00
00
00
00
$235,425 00 $233,020 00
70
R E P O R T O F TH E
[Pub. D oc.
Brockton Savings Bank — Continued.
No. o f
Shares.
Detailed Statement o f Bank Stocks.
10
10
18
100
50
20
Par Value.
N’l B’k of No. America, Boston,
Shawmut Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston,
Third National Bank, Boston,
Brockton Nat’l B’k, Brockton,
Home Nat’l Bank, Brockton,
Estimated
Market Value.
$1,150
1,120
1,710
8,700
6,250
3,000
$1,000
1,000
1,800
10,000
5,000
2,000
$20,800
00
00
00
00
00
00
$21,930 00
Amount Invested.
$1,000
1,000
1,800
10,000
5,000
2,000
00
00
00
00
00
00
$20,800 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston, Clinton, Fitchburg and New
Bedford R.R. 5s, .
.
.
.
Boston & Maine R.R. 4s, .
Boston, Revere Beach & Lynn R.R. 6s,
Conn. & Passumpsic Rivers R.R. 4s,
Fitchburg R.R. 5s, . . . .
Maine Central R.R. 6s, .
Maine Central R.R. 7s,
Newport & Richford R.R. 5s, .
Old Colony R.R. 6s,
. . .
Vermont & Massachusetts R.R. 5s, .
Old Colony R.R. 4s,
. . .
Amount Invested.
$1,000
17,000
$1,030 00
17,595 00
$1,000 00
17,000 00
1,000
30,000
4,000
20,000
40,000
3,000
25,000
6,000
10,000
9,000
20,000
1,080
30,000
4,200
20,000
41,370
3,240
32,500
6,180
10,405
9,450
20,000
1,000
30,000
4,000
20,000
40,000
3,000
25,000
6,000
10,000
9,000
20,000
$186,000
*
Estimated
Market Value.
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00*
00
00
00
$197,050 00 $186,000 00
A legal investment when made.
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$9,829 75
17,000 00
50,000 00
Kate.
Amount.
Kate.
Amount.
Rate.
2£ per cent.
4i
“
4f
“
$382,000 00
40,000 00
40,800 00
5 per cent.
51
“
5|
“
$490,895 00
1,500 00
700 00
6 per cent.
6à
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
7
No. 8 .]
SAVING'S B A N K CO M M ISSION ERS.
71
Brockton Savings Bank — Concluded.
Amount invested in real estate for banking purposes, including furniture
and f i x t u r e s , ...................................................................................................
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, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 401
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 430
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1893...............................................................................
Times for the dividends fixed by the by-laws: April 15 and October 15.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ...................................................... i 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,819
Number of accounts closed during the year ending Oct. 31, 1893,
1,413
Total number of open accounts Oct. 31, 1893,
.
.
.
.
7,734
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , ................................................................................. 9,784
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , ................................................................................. 8,654
Date of examination by commissioner: January 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$97,000 00
100,000 00
88,750 00
3,447 45
434,470 00
82,269 28
28,122 17
28,557 20
5,009 91
594,513 85
625,768 25
72
E E P O E T O F TH E
[Pub. D oc
BR O O K FIE LD S A V IN G S B A N K — BR O O K FIE LD .
Incorporated April 3, 1872.
Present number of corporators, 25.
H en ry D. F ares , President.
H ir a m P. G e r a l d , Treasurer.
H ira m P. G e r a l d , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
H.
Y . Crosby ,
F ran k E. P routy ,
E. E. C h a p in .
Open for business every business
day, 8
a
.m .
to 12
m
.
; 1 to
6
p
.m .
B alance Sheet October 31, 1893.
A ssets .
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, .
.
.
.
L ia b ilit ie s .
$400 00
45,405 50
15,640 00
6,000
494
60
572
Deposits, .
Guaranty fund,
Interest account,
$65,069 93
2,180 38
1,322 92
00
71
75
27
$68,573 23
$68,573 23
Cash on Deposit in Banks, amount in each : —
First National Bank, Worcester............................................................................. $433 16
Mechanics’ National Bank, Worcester,...............................................................
10 66
City National Bank, Worcester,
.
.
.
.
.
.
.
.
.
29 74
Central National Bank, W o r c e s t e r , ...............................................................
17 12
4 03
Boston Safe Deposit and Trust Company, B o s t o n , ....................................
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$494 71
1,000 00
Rate.
2 per cent.
4
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$5,000 00
7,000 00
Rate.
4£ per cent.
5
Amount.
$7,600 00
46,445 50
Rate.
5J per cent.
6
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
73
l
Brookfield Savings Bank — Concluded.
Value, by books, of real estate held or owned 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, . 95
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 61
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws: January 1 and July 1.
Rate and amount of each semi-annual dividend during the 12 per cent., f
year ending Oct. 31, 1893...........................................................J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 65
Number of accounts closed during the year ending Oct. 31, 1893,
. 71
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 569
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of ta x e s ),..................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,..................................................................................................
Number of s a m e , ..................................................................................... 278
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ...........................................................................................................
Number of same........................................................................................... 511
Date of examination by commissioner: May 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$400 00
450 00
67,045 50
2,967 74 *
1,343 18
1,307 12
262 61
13,154 76
21,833 66
74
[Pub. D oc
R E P O R T O F TH E
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 Feb. 24, 1871.
Present number of corporators, 38.
W il l ia m H . L incoln , President.
W il l ia m E. L incoln , Treasurer.
W il l ia m E. L incoln , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
C h as . H. S t e a r n s ,
T homas P. R it c h ie ,
N a th an iel L yf o r d ,
B. W . N e a l ,
B enj . F. Ba k e r ,
W il l ia m E . L incoln .
Open for business Mondays and Saturdays, 4 to 8 p .m . ; Wednesdays, 3 to 5 p .m .
B ala n ce Sh e e t O ctober
A ssets .
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,
Taxes paid,
.
.
.
.
Cash on hand, .
.
.
.
31,1893.
L ia b ilit ie s .
$75,400 00
32,646 63
25,000 00
7,231
506,216
121,800
24,729
586
118
1,125
Deposits, .
Guaranty fund,
Interest account,
$774,428 68
12,448 02
7,977 37
36
50
00
62
02
71
23
$794,854 07
$794,854 07
Cash on Deposit in Banks, amount in each:—
Shawmut National Bank, Boston,........................................................................$12,903 18
Central National Bank, B o s t o n , ........................................................................
1,099 55
Brookline National Bank, B r o o k lin e ,...............................................................
10,726 89
Detailed Statement o f Public Funds.
Town of Brookline, Mass., 3-£s,
of Brookline, Mass , 4s,
of Brookline, Mass., 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
$7,000
64,400
4,000
$6,790 00
64,400 00
4,440 00
$7,000 00
64,400 00
4,000 00
$75,400
$75,630 00
$75,400 00
Amount Invested.
N o. 8 .]
75
S A Y IN G S B A N K COM M ISSION ERS
Brookline Savings Bank — Continued.
N o. o f
S h a res.
Detailed Statement o f Bank Stocks.
75
30
30
50
37
12
20
E s tim a t e d
P a r V a lu e .
Central Nat’l Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston,
National City Bank, Boston, .
National Revere B’k, Boston, .
National Eagle B’k, Boston, .
Brookline N’l B’k, Brookline, .
$7,500
3,000
3,000
5,000
3,700
1,200
2,000
$25,400
A m o u n t In v e ste d .
M a r k e t V a lu e .
$11,531
3,480
2,700
4,312
3,681
1,140
2,600
25
00
00
50
50
00
00
$29,445 25
$11,400
5,000
3,344
5,531
4,057
1,314
2,000
00
00
13
25
00
25
00
$32,646 63
Detailed Statement o f Railroad Bonds.
E s tim a t e d
P a r V a lu e .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
A m ou n t In v ested .
M a r k e t V a lu e .
$10,000
15,000
$9,400 00
15,500 00
$10,000 00
15,000 00
$25,000
$24,900 00
$25,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Rate.
Amount.
Rate.
Amount.
Rate.
$24,729 62
13.000 00
25.000 00
2^ per cent.
H
“
4|
$434,016 50
62,200 00
5 per cent.
5h
“
$73,800 00
20,000 00
6 per cent.
8
“
Amount invested in real estate for banking purposes,.................................... $7,231 36
Estimated value of the s a m e , ........................................................................
7,500
Assessed value of the s a m e ,.................................................................................
6,100
Net income received from same during year ending Oct. 31, 1893,
.
.
240
Number of loans which are of an amount not exceeding $3,000 each,
81
Aggregate amount of the s a m e , ........................................................................
119,300
Total number of loans upon real e s t a t e , .............................................134
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
35,282
Times for the dividends fixed by the by-laws : second Monday in January
and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
61
76
R E P O R T O F TH E
[Pub. D oc.
Brookline Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ............................................. J 2 per cent., I
Number of accounts opened during the year ending Oct 31, 1893,
. 842
Number of accounts closed during the year ending Oct. 31, 1893,
. 534
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,425
Total expenses of the corporation for the year ending Oct. 31, 1893,
(exclusive of taxes)..............................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e ,................................................................................. 6(566
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e ,.................................................................................
3 231
Date of examination by commissioner: March 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,588 47
14,222 91
2,336 48
246,245 54
202,041 76
N o. 8 .]
77
S A Y IN G S B A N K CO M M ISSION ERS.
C A M B R 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, 39.
C h a r l e s W . S e v e r , President.
O s c a r F. A l l e n , Treasurer.
J a m e s H. W y e t h , Clerk o f the Corporation.
Names of committee charged with the investment of its funds
Ch arles W . Se v e r ,
J o sep h R . P e t t in g il l ,
J o h n T. G. N ic h o l s ,
E dw . R . Cogsw ell.
A n d r e w S. W a i t t ,
W il l i a m K i m b a l l ,
E d w in D r e s s e r ,
Open for business every business day, 8
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, .
Loans on public funds,
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Loans on railroad bonds, .
Loans on railroad stock, .
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,
Premium account,
Suspense account,
Cash on hand, .
.
.
.
a .m .
to 1 f . m .
31, 1893.
L iabilities .
$329,500
22,000
244,485
2,600
326,233
8,800
11,000
13,309
1,901,612
364,564
99,206
831
2,094
35,020
3,000
8,453
00
00
85
00
00
00
00
13
50
00
87
76
85
00
00
36
$3,372,711 32
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Unsettled mortgage,
$3,209,363 25
100,000 00
46,984 75
16,063 32
300 00
$3,372,711 32
Cash on Deposit in Banks, amount in each: —
Charles River National Bank, Cambridge,
National Exchange Bank, Boston,
National City Bank, Cambridge, .
Maverick National Bank, Boston, .
Loans on Public Funds, amount on each: —
On $14,000 Town of Attleborough, Mass., 4s,
On $5,000 City of Fall River, Mass., 6s,
On $1,000 Eastern R .R . 6s, .
On $2,000 City of Bangor, Me., 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$35,206
39.000
25.000
831
.
I
87
00
00
76
$20,000 00
2,000 00
78
R E P O R T O F TH E
[Pub. D oc
Cambridge Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 20 shares Charles River National Bank, Cambridge,
.
.
.
.
On 5 shares Charles River National Bank, Cambridge,
.
.
.
.1
On 3 shares Boston & Maine R . R . , ............................................................... i
$2,000 00
gQQ qq
Loans on Railroad Bonds, amount on each: —
On $ 1 ,0 0 0
On $ 2 ,0 0 0
On $ 2 ,0 0 0
On $ 4 ,0 0 0
Old Colony R .R . 6s............................................................................... $ 8 0 0
Maine Central R .R . 6 s ,........................................................................ \
Maine Central R .R. 7 s , ................................................................I
City of Bangor, Me., 7 s , ............................................................... j
00
8 ,0 0 0 0 0
Loans on Railroad Stock, amount on each : —
On
On
80
50
shares Boston & Maine R . R . , ............................................................... $ 6 ,0 0 0 0 0
shares Boston & Maine R . R . , ...............................................................
5 ,0 0 0
00
Detailed statement o f Public Funds.
P a r V a lu e .
Town of Brookline, Mass., 4 s,.
of Marblehead, Mass., 4s,
of Marshfield, Mass., 4s,
of Medford, Mass., 4s, .
YVestborough, Mass., 5s,
City of Boston, Mass., 5s,
of Cambridge, Mass., 6 s,.
of Chicago, 1 1 1 ., 6s, .
of Chicago, 1 1 1 ., 7s, .
of Cleveland, Ohio, 5s, .
of Cleveland, Ohio, 6s, .
of Cleveland, Ohio, 7s, .
of Dover, N. H . , 4 s,.
of Fall River, Mass., 6s, .
of Fort YY'ayne, Ind., 6s, .
of Grand Rapids, Mich., 4^s, .
of Indianapolis, Ind., 4s, .
of Portsmouth, N. FI., 4s,
of Providence, R. I., 5s, .
of Saginaw, Mich., 4is, .
of Saginaw, Mich., 5s,
of Springfield, Mass., 7s,
of YValtham, Mass., 4s, .
Town of Mansfield, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$26,000
1,000
55,000
13,000
14,000
2,000
8,000
5,000
16,000
9,000
7,000
1,000
10,000
21,000
1,000
25,000
20,000
25,000
27,000
25,000
1,000
1,000
7,000
9,500
$329,500
E s tim a t e d
M a r k e t V a lu e .
$26,000
1,000
55,000
13,000
15,400
2,200
9,270
5,350
17,240
9,410
7,230
1,020
10,000
23,330
1,060
25,750
20,000
25,000
28,720
25,500
1,050
1,220
7,000
9,500
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
00
00
00
00
00
00
00
$340,250 00
A m ou n t In v ested .
$26.000
1,000
55,000
13,000
14,000
2,000
8,000
5,000
16,000
9,000
7,000
1,000
10,000
21,000
1,000
25,000
20,000
25,000
27,000
25,000
1,000
1,000
7,000
9,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$329,500 00
N o. 8 .]
79
SA Y IN G S B A N K CO M M ISSION ERS.
Cambridge Savings Bank — Continued.
N o. o f
S h a res.
Detailed Statement o f Bank Stocks.
E s tim a t e d
P a r V a lu e .
Atlas National Bank, Boston,.
Boston National Bank, Boston,
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston, .
Faneuil Hall Nat’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’ Nat’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,
National Eagle Bank, Boston,
N’l Hide & Leather B’k, Boston,
National Revere Bank, Boston,
Nat’l Rockland Bank, Boston,
National Union Bank, Boston,
Charles River National Bank,
Cambridge.............................
46 Newton Nat’l Bank, Newton, .
50 Nat’l Bank of Commere, New
Bedford,
.
.
.
.
60 First Nat’l B’k, New Bedford,
50 Naumkeag Nat’l Bank, Salem,
159
225
18
107
42
9
69
93
114
58
134
10
50
145
100
117
125
11
11
28
146
30
5
25
$15,900
22,500
1,800
10,700
4,200
900
6,900
9,300
11,400
5,800
13,400
1,000
5,000
14,500
10,000
11,700
12,500
1,100
1,100
2,800
14,600
3,000
500
A m o u n t In v ested .
M a r k e t V a lu e .
$18,285
20,700
1,952
12,519
5,040
855
6,348
10,602
11,286
5,336
19,564
1,120
5,150
13,920
8,700
10,998
14,750
1,298
935
2,940
14,600
4,500
645
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
24,740
2,203
12,489
5,484
997
8,919
11,590
12,831
6,280
18,207
1,206
5,481
17,836
9,258
14,003
15,309
1,575
1,241
3,144
17,499
4,625
719
25
62
25
12
75
25
26
00
49
63
25
25
25
50
87
25
99
75
88
00
99
25
00
2,500
4,600
3,950 00
3,450 00
2,526 00
5,880 00
5,000
6,000
5,000
3,850 00
8,460 00
6,250 00
6,160 00
7,420 00
7,800 00
$203,700 $218,003 00
$244,485 85
Detailed Statement o f Bailroad Bonds.
E s tim a t e d
P a r V a lu e .
Boston & Lowell R.R. os,
Boston & Lowell R.R. 6s,
Fitchburg R.R. 4|s, .
Fitchburg R.R. 5s, .
Lowell & Andover R.R. 6s,
Lowell & Lawrence R.R. 6s,
Maine Central R.R. 4^s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
4,000
50,000
125,000
1,000
6,000
25,000
A m o u n t In v e ste d .
M a r k e t V a lu e .
$3,090
4,120
50,000
131,250
1,000
6,300
25,000
00
00
00
00
00
00
00
$3,000
4,000
50,000
125,000
1,000
6,000
25,000
00
00
00
00
00
00
00
80
R E P O R T O F TH E
[Pub. D oc.
Cambridge Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds — Concluded.
P a r V a lu e .
E s tim a te d
M a r k e t V a lu e .
Maine Central R.R. 7s, .
Portland & Ogdensburg R.R 6s,
Penobscot Shore Line R.R. 4s,
Upper Coos R.R. 4|s,
Vermont & Massachusetts R.R. 5 s,.
Eastern R.R. 6s,
. . .
Boston & Maine R.R. 4s, .
$16,500
9.000
25.000
25.000
2.000
9,733
25.000
$326,233
$21,450
9,720
25.000
25.000
2,100
11,390
25.000
A m ou n t In v ested .
00
00
00
00
00
00
00
$16,500
9.000
25.000
25.000
2.000
9,733
25.000
00
00
00
00
00
00
00
$340,420 00 $326,233 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$99,206
25.000
100,000
185,000
Rate.
87
00
00
00
2J per cent.
31
“
4
“
H
“
Amount.
$342,000
1,157,316
272,665
212,170
Rate.
00
50
00
00
4J per cent.
5
5i
“
6
Amount.
$5,775 00
9,650 00
1,000 00
Value, by books, of real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Number of loans which are of an amount not exceeding $3,000 each, . 343
Aggregate amount of the s a m e , .........................................................................
Total number of loans upon real estate...................................................... 447
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,..................................................................................
Times for the dividends fixed by the by-laws: fourth Thursday in January
and July.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,............................................. J 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
1,197
Number of accounts closed during the year ending Oct. 31, 1893,
. 906
Total number of open accounts Oct. 31, 1893,
.
.
.
.
8,961
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,....................................................................................................
Number of s a m e , ..................................................................................9,276
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e ,..................................................................................8,508
Date of examination by commissioner: March 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R a te.
6J per cent.
7
7i
“
$13,309 13
21,200 00
433,909 00
154,962 67
58,028 33
59,901 85
6,929 71
641,999 41
607,610 56
No. 8 .]
81
S A Y IN G S B A N K CO M M ISSION ERS.
C A M BR ID G E PO R T S A V IN G S B A N K -C A M B R I D G E .
Incorporated Feb. 22, 1853.
Present number of corporators, 23.
D a n ie l U . C h a m b e r l i n , President.
H e n r y W . B u l l a r d , Treasurer.
J. F. L a n e , Cleric o f the Corporation.
Names of committee charged with the investment of its funds :
A sa P. M o r s e ,
D ana W . H y d e ,
D a n ie l U. C h a m b e r l i n .
Open for business every business day, 8.30
a .m .
to 1.30
pm
.
B alance Sheet October 31, 1893.
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, .
Expense account,
Cash on hand, .
.
.
.
Liabilities .
$1,764,010
106,925
208,000
39,134
1,287,495
150,900
85
00
00
03
73
00
80,000
70,623
1,942
2,301
00
55
44
26
$3,711,332 86
Deposits, .
Guaranty fund,
Interest account,
$3,519,653 91
145,000 00
46,678 95
$3,711,332 86
Cash on Deposit in Banks, amount in each : —
First National Bank, Cambridge, .
Cambridgeport National Bank, Cambridge, .
National City Bank, Cambridge, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$49,823 55
10,800 00
10,000 00
82
[Pub. Doc
R E P O R T O F TH E
Cambridgeport Savings Bank — Continued.
Detailed Statement o f Public Funds.
E s tim a te d
P a r V a lu e .
Town of Arlington, Mass., 4s,
of Beverly, Mass., 4s, .
of East 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,
City of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Cambridge, Mass., 4s, .
of Cambridge, Mass., 6s, .
of Chicago, ill., 7s, .
of Cleveland, Ohio, 3.65s,
of Cleveland, Ohio, 4s, .
of Cleveland, Ohio, 6s, .
of Cleveland, Ohio, 7s, .
of Columbus, Ohio, 4s, .
of Dayton, Ohio, 4 s,.
of Dayton, Ohio, 6s,
of Fall River, Mass , 4JS,
of GrandRapids,Mich ,4^s,
of Grand Rapids, Mich.,4s,
of Grand Rapids, Mich.,8s,
of Lawrence, Mass., 4s, .
of Lynn, Mass., 4s, .
of Middletown, Conn., 4s,
of New Bedford, Mass., 5s,
of New Britain, Conn., 4s,
of Newton, Mass , 4s,
of Newton, Mass., 6s,
of Pawtucket, R I., 4s,
of Pawtucket, R .1 , 6s,
of Peoria, 111., 4|s, .
of Providence, R.I., 5s, .
of Reading, Penn., 4s,
of Somerville, Mass , 4s,.
of Springfield, Mass., 7 s,.
of Springfield, Ohio, 4^s,.
of Taunton, Mass., 4s,
of Worcester, Mass., 5s, .
of Bangor, Me., 4s, .
of Dover, N.IL, 4s, .
of Woburn, Mass., 4s,
of Lowell, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A m o u n t In v ested .
M a r k e t V a lu e .
$11,000 00
72,000 00
$11,000 00
72,000 00
$11,000 00
72,000 00
50,000
30,000
40,000
51,000
19,000
7,000
31,000
50,000
85,510
9,000
195,000
17,000
20,000
7,000
14,000
12,000
7,000
40,000
50,000
40,000
40,000
50,000
19,000
5,000
58,000
50,000
25,000
5,000
5,000
13,000
3,000
100,000
20,000
50,000
100,000
55,000
13,000
15,000
50,000
35,500
20,000
50,000
22,000
53,000
50,000
50,000
30,000
40,000
51,000
19,000
7,000
31,000
50,000
89.246
10,440
195,200
17,396
20,695
6,720
14,000
12,585
7,312
39,200
49,000
42,400
41,350
52,000
19,000
5,275
58,000
50,000
25,000
5,300
5,000
13,000
3,600
98,000
20,300
51,500
112,000
55,000
13,000
16,912
52,500
35,500
22,000
50,000
22,000
53,000
50,750
50,000
30,000
40,000
51,000
19,000
7,000
31,000
50,000
85,510
9,000
195,000
17,000
20,000
7,000
14,000
12,000
7,000
40,000
50,000
40,000
40,000
50,000
19,000
5,000
58,000
50,000
25,000
5,000
5,000
13,000
3,000
100,000
20,000
50,000
100,000
55,000
13,000
15,000
50,000
35,500
20,000
50,000
22,000
53,000
50,000
00
00
00
00
00
00
00
00
85
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
00
00
00
00
00
00
00
18
00
00
25
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
85
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
$1,764,010 85 $1,795,182 43 $1,764,010 85
* L e g a l in v e s t m e n t s w h e n m a d e .
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
83
Cambridgeport Savings Bank — Continued.
N o. o f
S h ares.
Detailed Statement o f Bank Stocks.
50
40
50
100
56
206
150
100
50
75
100
40
14
P a r V a lu e .
Blackstone Nat’l B’k, Boston, .
Eliot National Bank, Boston, .
Globe National Bank, Boston,.
Hamilton Nat’l Bank, Boston,
N'1 B’k of Commerce, Boston,
National Union Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Washington Nat’l B’k, Boston,
Nat’l Webster Bank, Boston, .
First Nat’l Bank, Cambridge, .
Cambridgeport National Bank,
Cambridge, .
.
.
.
Nat’l City Bank, Cambridge, .
$5,000
4,000
5,000
10,000
5,600
20,600
15,000
10,000
5,000
7,500
10,000
E s tim a t e d
M a r k e t V a lu e .
$4,512
4,620
4,612
11,400
6,608
27,037
14,475
9,400
5,012
6,862
17,000
50
00
50
00
00
50
00
00
50
50
00
A m o u n t In v ested .
$5,000
4,000
5,000
10,000
5,600
20,600
15,000
10,000
5,000
7,500
13,825
00
00
00
00
00
00
00
00
00
00
00
4,000
1,400
5,600 00
2,310 00
4,000 00
1,400 00
$103,100
$119,450 50
$106,925 00
Detailed Statement o f Bailroad Bonds.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Fitchburg R.R. 4s, .
Fitchburg R R. 5s, .
Fitchburg R.R. 7s, .
Old Colony R.R. 4s,.
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
Vermont & Massachusetts R.R. 5s, .
$50,000
22,000
6,000
50.000
4,000
16.000
60,000
$208,000
$47,500
22,420
6,030
50,000
4,240
16,060
61,800
00
00
00
00
00
00
00
A m o u n t I n v e s te d .
$50,000
22,000
6,000
50.000
4,000
16.000
60,000
00
00
00
00
00
00
00
$208,050 00 $208,000 00
Total Amount of Loans, with Each Specified Bate o f Interest.
Amount.
$70,623
50,000
44,500
101,700
55
00
00
00
Rate.
Amount.
Rate.
2 per cent.
3h
“
4
“
4è
“
$1,205,765 92
17,350 00
50,000 00
5 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
51
“
Amount.
$45,779 81
2,350 00
950 00
Rate.
6 per cent.
6A
“
7h
“
REPORT OF THE
84
[Pub. Doc.
Cambridgeport Savings B an k — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the same......................................................................................
Number of loans which are of an amount not exceeding $3,000 each, . 425
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 524
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893.....................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in Jan
uary and July.
Rate and amount of each semi-annual dividend during the j 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ...................................................... i 2 per cent, t
Number of accounts opened during theyear ending Oct. 31, 1893,
1,166
Number of accounts closed during theyear ending Oct. 31, 1893,
. 784
Total number of open accounts Oct. 31, 1893,
.
.
.
.
11,034
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , .........................................................................................10,587
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of same................................................................................................9,088
Date of examination by commissioner: April 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$39,134 03
50,700 00
572,440 92
174,467 74
67,294 06
68,702 39
6,766 81
566,023 77
701,366 96
No. 8.]
85
SAVINGS BANK COMMISSIONERS
CAN TO N IN S T IT U T IO N FOR S A V IN G S — CAN TO N .
V
Incorporated March 4, 1835.
Present number of corporators, 29.
C h ar l e s E ndicott , President.
N a t h a n ie l W . D u n b a r , Treasurer.
N a t h a n ie l W . D u n b ar , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Jam es S. S h e p a r d ,
F r an cis D . D u n b a r ,
W il l is S. S h e p a r d ,
N a t h a n ie l W . D un bar ,
W il l ia m 0 . C h a p m a n .
Open for business eveiy business day, 8 a
.m .
B a l a n c e Sh e e t October
m
; 1.30 to 4
p
.m .
31, 1893.
L iab ilit 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
(notes).........................................
Deposit in bank, on interest,
Cash on hand, .
.
.
.
to 12
$116,100
52,725
3,000
75,500
820
281,965
92,667
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
00
00
00
00
00
00
50
$654,649 15
26,850 00
587 75
7,226 54
56,500 00
9,500 00
535 94
$689,313 44
$689,313 44
Cash on Deposit in Bank : —
Neponset National Bank, C a n t o n , ............................................................... $9,500 00
Loan on Bank Stock : —
On 43 shares Neponset National Bank, Canton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$3,000 00
[Pub. Doc.
REPORT OF THE
86
Canton Institution for Savings — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Canton, Mass., 4s,
of Norwood, Mass., 4s, .
of Orange, Mass., 4s,
City of Lawrence, Mass., 4s, .
of Lynn, Mass , 3|s,.
of New Bedford, Mass., 3|s,
of Providence, R. I., 5s, .
of Taunton, Mass., 4s,
of Waltham, Mass., 4s,
County of Hampden, Mass., 3s,
.
f 20,000
10,000
10,000
15,000
13,500
10,000
10,000
10,000
8,000
10,000
Estimated
Market Value.
$20,000
10,000
10,000
15,000
13,500
10,000
11,000
10,000
8,000
9,600
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$20,000
10,000
10,000
15,000
13,500
10,000
10,000
10,000
8,000
9,600
00
00
00
00
00
00
00
00
00
00
$116,500 $117,100 00 $116,100 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
25
25
25
40
33
50
50
25
25
17
25
126
50
Par Value.
Atlas National Bank, Boston, .
Blackstone Nat’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,
$2,500
2,500
2,500
4,000
3,300
5,000
5,000
2,500
2,500
1,700
2,500
12,600
5,000
$51,600
Estimated
Market Value.
$2,875
2,250
3,675
3,800
3,036
4,600
5,250
2,125
2,250
1,853
2,125
15,750
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$54,589 00
Amount Invested.
$2,500
2,500
2,500
4,000
3,300
5,000
5,000
2,500
2,500
1,700
2,500
13,725
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$52,725 00
Detailed Statement o f Bailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchburg R.R. 41s, .
.
.
Old Colony R.R 4 s,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Estimated
Market Value.
$20,000
20,000
5,500
20,000
10,000
$20,000
20,000
6,435
20,000
10,000
00
00
00
00
00
$75,500
$76,435 00
Amount Invested.
$20,000
20,000
5,500
20,000
10,000
00
00
00
00
00
$75,500 00
No. 8.]
87
SAVINGS BANK COMMISSIONERS.
Canton Institution for Savings — Concluded.
Total Amount-of Loans, with Each Specified Rate o f Interest.
'ü» ^
o o
o o
o o
o o
Amount.
Rate.
2 per cent.
4
Amount.
$7,000 00
146,350 00
Rate.
4£ per cent.
5
Amount.
$3,000 00
230,282 50
Value by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the same....................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 198
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 215
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 9 3 ,.................................................................................
Times for the ¡dividends fixed by the by-laws : first Tuesday in April and
October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31,1893, f.
I 2J per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
333
Number of accounts closed during the year ending Oct. 31, 1893, .
285
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 2,326
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
Rate.
5J per cent.
6
$820 00
750 00
176,965 00
820 00
32,789 81
12,273 99
15,493 67
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year end-
1,318 25
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e ,................................................................................. 1,469
Amount of withdrawals, including dividends, during the year ending Oct.
109,612 00
31,1893,
.
...................................................................................................
Number of same...................................................................................... 1,394
Date of examination by commissioner: April 27.
125,665 01
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
88
REPORT OF THE
[Pub. Doc.
CAPE A N N S A V IN G S B A N K — GLO U C ESTER .
Incorporated April 15, 1846.
Present number of corporators, 40.
S a m u e l A. S t a c e y , President.
G eo . J. M a r s h , Treasurer.
D a n ie l T. B abso n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
R obert R . F ears ,
S y l v est e r C u n n in g h a m ,
J ohn E. S omes ,
John C o rliss ,
G eo. J. M a r sh .
Open for business every business day, 9 a . m . to 1 p . m . ; 2 to 3 p . m . ; during August, close
at 1
p .m .
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,
Loan on bank stock, .
Real estate (for banking pur
poses) ...........................................
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 interest,.
Expense account,
Suspense account,
Miscellaneous account,
Cash on hand, .
.
.
.
31, 1893.
L ia b il it ie s .
$4,000 00
274,900 00
1,000 00
61,714
36,921
1,837,885
1,091,289
500
11,263
2,713
308
4,836
2,967
20,071
82
33
00
00
00
13
00
97
32
12
77
$3,350,370 46
Deposits, .
Guaranty fund,
Interest account,
Surplus, .
Taxes,
Uncompleted mort
gage loans, .
$3,052,325
150,000
23,441
97.167
2,254
21
00
16
82
13
25,182 14
$3,350,370 46
Cash on Deposit in Banks, amount in each : —
Gloucester National Bank, Gloucester,............................................................... $2,713 00
Third National Bank, Boston..................................................................................
11,263 13
Loan on Bank Stock : —
On 10 shares First National Bank, Gloucester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$
1,000 00
'
No. 8.]
89
SAYINGS BANK COMMISSIONERS
Cape Ann Savings Bank — Continued.
Detailed statement o f Puolic Funds.
Town of Brookline, Mass., 7 s,.
Par Value.
Estimated
Market Value.
$4,000
$4,400 00
Amount Invested.
$4,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
100
100
112
100
50
200
100
100
30
50
100
50
50
70
200
50
100
100
25
166
150
50
100
50
50
200
100
61
50
100
Par Value.
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,.
Blackstone Nat’l Bank, Boston,
Central Nat’l Bank, Boston, .
National City Bank, Boston, .
National Bank of the Com
monwealth, Boston,
Nat’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, .
Nat’l Bank of North America,
Bost on, .
.
.
.
.
Old Boston Nat’l Bank, Boston,
National Bank of Redemption,
Boston,
.
.
.
.
Nat’l Bank of the Republic,
Boston,
.
.
.
.
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Third National Bank, Boston,.
City Nat’l Bank, Gloucester, .
Cape Ann N ’l B’k, Gloucester,
Gloucester N’l B’k, Gloucester,
Rockport Nat’l B’k, Rockport,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$10,000
10,000
11,200
10,000
5,000
$12,500
11,400
9,856
14,500
4,200
00
00
00
00
00
$10,000
10,000
11,200
10,000
5,000
00
00
00
00
00
20,000
10,000
10,000
3,000
5,000
10,000
5,000
5,000
7,000
20,000
5,000
10,000
24,400
11,200
8,500
2,700
5,800
9,300
4,600
5,550
6,720
28,000
7,700
10,800
00
00
00
00
00
00
00
00
00
00
00
00
20,000
10,000
10,000
3,000
5,000
9,000
4,500
5,000
7,000
20,000
5,000
10,000
00
00
00
00
00
00
00
00
00
00
00
00
10,000
2,500
10,200 00
2,425 00
10,000 00
2,500 00
16,600
20,252 00
16,600 00
15,000
5,000
10,000
5,000
5,000
20,000
10,000
6,100
5,C00
10,000
22,200
9,050
12,200
5,100
4,500
18,000
15,000
8,540
6,750
12,500
15,000
5,000
10,000
5,000
5,000
20,000
10,000
6,100
5,000
10,000
$276,400
00
00
00
00
00
00
00
00
00
00
$324,443 00
00
00
00
00
00
00
00
00
00
00
$274,900 00
90
R E P O R T O F TH E
[Pub. Doc.
Cape Ann Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
A m ou n t.
$11,263 13
249,950 00
R a te .
2£ per cent.
5
A m ou n t.
R a te.
$29,550 00
2,565,174 00
5^ per cent.
6
“
A m ou n t.
$10,000 00
76,000 00
R a te.
6£ per cent.
7
•
Amount invested in real estate for banking purposes, .
.
.
.
.
Estimated value of the s a m e , ........................................................................
Assessed value of the s a m e ,.................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
wise,
................................................................................................... .........
Assessed value of the same.....................................................................................
Net income received from same during year ending Oct. 31, 1893,
.
.
Number of loans which are of an amount not exceeding $3,000 each, 937
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , .................................... 1,022
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Kate and amount of eachsemi-annual dividend during the 1 2J per cent., f
year ending Oct. 31,1 8 9 3 ,............................................... J 2J per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,470
Number of accounts closed during the year ending Oct. 31, 1893,
1,108
Total number of open accounts Oct. 31, 1893,
.
.
.
.
9,022
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, during the year ending Oct.
31, 1 8 9 3 , ..........................................................................................
555,116
Number of s a m e , ................................................................................. 7,342
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893...................................................................................................
492,705
Number of the s a m e , ........................................................................ 6,324
Date of examination by commissioner: August 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$61,714 82
50,000 00
64,000 00
36,921 33
61,300 00
301 00
781,339 00
163,274 53
68,847 17
71,401 24
6,762 48
25
64
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
CAPE COD F IV E CENTS
91
S A V IN G S B A N K — H A R W IC H .
Incorporated March 16, 1855.
Present number of corporators, 65.
L e v i E l d r id g e , President.
A ugustus C. S n o w , Treasurer.
A ugustus C. S n o w , 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 ,
E leazer K . Cro w eel,
G o d fr ey H o p k in s ,
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 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,
Loans on railroad bonds, .
Loans on railroad stock, .
Real estate (for banking purposes)...........................................
Real estate by foreclosure, .
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) ,....................................
Real estate taken to secure indebtedness...................................
Cash on hand,
.
.
.
.
a .m .
to 1 p .m .
31, 1893.
Liabilities .
$16,199
15,000
62,189
11,825
114,393
27,000
36,200
00
00
75
00
00
00
00
Deposits, .
Guaranty fund,
Profit and loss account, .
$635,832 44
18,000 00
4,865 92
1,050 00
291 04
134,589 93
204,978,58
32,150 00
840 71
1,991 35
$658,698 36
$658,698 36
Loan on Public Funds: —
On $18,000 Lynn, Mass., 4 s , ................................................................................. $15,000 00
Loans on Bank Stock, amount on each: —
On 52 shares Fourth National Bank, B o s t o n , ............................................. $5,200 00
On 50 shares Welden National Bank, St. Albans, Vt.,
.
.
.
.
5,000
On 8 shares Cape Cod National Bank,
Harwich,....................................
600
On 5 shares Cape Cod National Bank,
Harw ich,....................................
500
On 4 shares Cape Cod National Bank,
H arw ich ,...................................
300
On 3 shares Cape Cod National Bank,
Harwich,....................................
160
On 1 share Cape Cod National Bank, Harwich................................................
65
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
[Pub. D oc
R E P O R T O F TH E
92
Cape Cod Five Cents Savings Bank — Continued.
Loans on Railroad Bonds, amount on each: —
On $13,000 Boston & Maine R .R . 4s..................................................................... $12,000 00
On 17,000 Connecticut & Passumpsic Rivers R .R .4 s ,....................................
15,000 00
Loans on Railroad Stock, amount on each: —
On
On
On
On
100 shares Fitchburg R . R . , ....................................
105 shares Boston & Albany R .R ., .
.
.
.
20 shares Thames National Bank, Norwich, Conn.,
100 shares Boston & Maine R.R ., .
.
.
.
I $25,000 00
11,200 00
Detailed Statement o f Public Funds.
P a r V a lu e .
E s tim a t e d
A m ou n t In v ested .
M a r k e t V a lu e .
City of Chicago, 111., 4s, .
of Chicago, 111., 7s, .
of Cleveland, Ohio, 6s,
$10,000
2,000
4,000
$9,700 00
2,010 00
4,120 00
$10,000 00
2,052 00
4,147 00
$16,000
$15,830 00
$16,199 00
N o. o f
S h a re s .
Detailed Statement o f Bank Stocks.
48
43
40
31
30
30
27
26
38
24
20
16
15
26
10
7
57
42
E s tim a t e d
P a r V a lu e .
State National Bank, Boston, .
Shawmut Nat’l Bank, Boston,
Everett N atl Bank, Boston, .
N’l B’k of Commerce, Boston,
N atl Revere Bank, Boston, .
N’l Plide & Leather B’k, Boston,
Blackstone N’l Bank, Boston, .
Natl Exchange Bank, Boston,
Fourth Natl Bank, Boston,
Suffolk Natl Bank, Boston,
Tremont Natl Bank, Boston, .
N’l B’k of No. America, Boston,
N’l B’k of the Republic, Boston,
National Bank of the Commonwealth, Boston,
Nat’l Webster Bank, Boston, .
Faneuil Hall N’ l Bank, Boston,
Cape Cod N’l Bank, Harwich,
First Nat’l Bank, Yarmouth, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A m o u n t In v e s te d ..
M a r k e t V a lu e .
$4,800
4,300
4,000
3,100
3,000
3,000
2,700
2,600
3,800
2,400
2,000
1,600
1,500
$4,944
5,418
3,680
3,658
3,000
3,150
2,430
3,068
4,750
2,208
1,800
1,680
2,205
00
00
00
00
00
00
00
00
00
00
00
00
00
$5,676
5,031
3,800
3,674
3,630
3,450
2,916
3,029
4,191
2,730
2,275
1,616
1,980
00
00
00
50
00
00
00
00
25
00
00
00
00
2,600
1,000
700
5,700
4,200
3,250
920
840
7,410
5,460
00
00
00
00
00
2,821
1,050
931
7,866
5,523
00
00
00
00
00
$53,000
$59,871 00
$62,189 75
No. 8 .]
93
SA V IN G S B A N K CO M M ISSION ERS.
Cape Cod Five Cents Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.
E s t im a t e d
4*
P a r V a lu e .
Boston <fc Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,.
Portland & Ogdensburg R.R. 6s,
Vermont & Massachusetts R.R. 5 s,.
$20,000
5.000
1.000
10,000
15.000
20.000
25.000
5,000
10.000
$111,000
'
A m o u n t In v ested .
M a r k e t V a lu e .
$19,750
5,150
1,035
9,800
14,700
20,900
25,000
5,400
10,500
00
00
00
00
00
00
00
00
00
$112,235 00
$20,000
5,217
1,055
10,000
15,000
20,565
26,350
5,549
10,657
00
00
00
00
00
00
00
00
00
$114,393 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$3,500
43,200
35,000
77,350
00
00
00
00
4 per cent.
4h
“
4§
5
“
Amount.
$58,000 00
13,000 00
151,418 95
Rate.
5| per cent.
5è
“
6
«
Rate.
Amount.
$3,161 00
67,113 56
10,000 00
6J per cent.
7
8
“
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , .................................... .........
•
Assessed value of the same......................................................................................
Value, by books, of other real estate^ held or owned by foreclosure or
o th e r w is e ,............................................................................................................
Assessed value of the same, ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 401
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 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, 1893......................................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the i 2 per cent., r
year ending Oct. 3 1 , 1 8 9 3 , ........................................................................ 1 2 per cent., j
Number of accounts opened during the year ending Oct. 31, 1893,
. 317
Number of accounts closed during the year ending Oct. 31, 1893,
. 269
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,734
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,0.50 00
1,200 00
1,200 00
1 ,1 3 1 75
9,900 00
2 00
154,204 41
840 71
32,084 82
1 1 ,9 8 3 58
1 2 ,1 5 9 6 4
94
R E P O R T O F TH E
[Pub. D oc.
Cape Cod Five Cents Savings Bank — Concluded.
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)..................................................................................................... $2,172 34
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.........................................................................................*
125,79332
Number of s a m e , ...........................................................................................1,485
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
124,933 67
Number of s a m e , ...........................................................................................1,324
Date of examination by commissioner : June 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
95
C E N T R A L S A V IN G S B A N K — L O W E L L .
Incorporated March 3, 1871.
O
l iv e r
H .
M
o u l to n
Sa
,
Present number of corporators, 69.
President.
m u e l
A .
C
S
h a s e
a m u e l
A .
C
h a s e
Treasurer.
,
Clerk o f the Corporation.
,
Names of committee charged with the investment of its funds:
D
J
H
a n ie l
o h n
S.
e n r y
S
w a n
Ja
C.
,
q u e s
C
,
h u r c h
,
Open for business every business day, 9
A
r t h u r
A
m a sa
Sa
a
.m .
m u e l
to 1 p
.m .
P
G . P
o l l a r d
r a t t
,
A .
C
h a s e
,
.
; and on Saturdays, 7 to 9 p
m
.
*
B a la n ce Sh e e t O ctober
A ssets.
31, 1893.
L iabilities .
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,
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,
.
.
.
.
$44,000
215,000
7,500
29.000
10.000
40,000
1,771,681
420,199
00
00
00
00
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$2,525,612 33
100,000 00
533 75
110,958 33-
108,700 00
78,516 36
12,508 05
$2,737,104 41
$2,737,104 41
Cash on Deposit in Banks, amount in each: —
Merchants’ National Bank, Lowell,
Old Lowell National Bank, Lowell,
Prescott National Bank, Lowell, .
Loans on Bank Stock, amount on each : —
On 13 shares Merchants’ National Bank, Lowell,
On 10 shares Wamesit National Bank, Lowell,
On 19 shares Prescott National Bank, Lowell,
On 8 shares Appleton National Bank, Lowell,
On 30 shares First National Bank, Lowell, .
On 25 shares Railroad National Bank, Lowell,
On 10 shares Prescott National Bank, Lowell,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$53,516 36;
5,000 00
20,000 00
I
$2,000 00
I
1,000 00
3,000 00
^
1,500 00
[Pub. D oc
R E P O R T O F TH E
96
Central Savings Bank — Continued.
Loan on Railroad Bonds : —
On $10,000 Lowell & Lawrence R.R. 6 s , ...................................................... $10,000 00
Loan on Railroad Stock: ¡—
On 427 shares Boston & Maine R .R ..............................................................................
00
Detailed Statement o f Public Funds.
E s tim a t e d
P a r V a lu e .
Town of Andover, Mass., 4s, .
City of Chicago, 111., 7s, .
of Lowell, Mass., 4s,
of Malden, Mass., 4s,
of Pawtucket, R. I., 4s, .
of Haverhill, Mass., 4s, .
A m ou n t In v e ste d .
M a r k e t V a lu e .
$10,000
3,000
6,000
5,000
5,000
15,000
$10,000
3,120
6,000
5,000
5,000
15,000
00
00
00
00
00
00
$44,000
$44,120 00
$10,000
3,000
6,000
5,000
5,000
15,000
00
00
00
00
00
00
$44,000 00
¥
Detailed Statement o f Bank Stocks.
OS
O^
^ 55
100
100
50
200
100
13
50
50
50
100
100
50
60
27
30
70
63
50
50
100
30
150
52
10
20
50
50
E s tim a t e d
M a r k e t V a lu e .
Atlantic Nat’l Bank, Boston,.
Blackstone N’l Bank, Boston,.
Boston Nat’l Bank, Boston,
Central Nat’l Bank, Boston, .
Eliot National Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston, .
Metropolitan N’l B’k, 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 National Bank, Boston,
Shawmut Nat’l 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, Lowell,
Old Lowell N’l Bank, Lowell,
Prescott Nat’l Bank, Lowell, .
Railroad Nat’l Bank, Lowell, .
Wamesit Nat’l Bank, Lowell, .
Georgetown N’l B’k, Georget o w n , ...................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
10,000
5,000
20,000
10,000
1,300
5,000
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
2,000
5,000
$12,100
9,100
4,650
30,000
11,800
1,456
4,600
7,300
4,900
11,000
11,800
5,300
7,620
4,050
2,760
13,300
7,056
4,500
4,850
15,000
5,400
22,500
6,240
1,500
2,500
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
$13,600
11,000
5,600
30,000
11,500
1,300
5,000
6,700
5,000
10,000
10,000
5,400
8,000
3,400
3,000
10,000
8,000
5,000
5,000
15,000
4,200
18,300
6,000
1,000
2,000
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
5,000
5,500 00
5,000 00
$177,500
$223,782 00
$215,000 00
No. 8 .]
SA Y IN G S B A N K CO M M ISSIO N ERS.
97
Central Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R R. 4s, .
Boston & Maine R.R. 7s, .
Fitchburg R.R. 5s, .
.
.
.
Fitchburg R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 7s, .
New York, Providence & Boston
R.R. 7s,
Portland & Ogdensburg R.R. 6s, .
f 4,000
5,000
4,000
5,000
1,000
5,000
1,000
Estimated
Market Value.
$3,920
4,800
4,000
5,100
1,037
5,225
1,300
00
00
00
00
00
00
00
Amount Invested.
$4,000
5,000
4,000
5,000
1,000
5,000
1,000
00
00
00
00
00
00
00
3,000
1,000
3,490 00
1,110 00
3,000 00
1,000 00
$29,000
$29,982 00
$29,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Kate.
Amount.
Kate.
$53,516 36
5,000 00
106,700 00
2^ per cent.
H
“
$290,574 00
27,000 00
1,658,431 00
4£ per cent.
4'i
4
“
5
“
Amount.
$46,875 00
208,500 00
40,000 00
Rate.
5£ per cent.
6
«
6è
“
Number of loans which are of an amount not exceeding $3,000 each,. 392
Aggregate amount of the s a m e , ........................................................................ $560,006 00
Total number of loans upon real e s t a t e , ............................................. 556
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
129,793 61
Times for the dividends fixed by the by-laws : first Saturday in May and
November.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
46,102 39
year ending Oct. 31, 1893..................................................•12 per cent., I
48,281 74
Number of accounts opened during the year ending Oct. 31, 1893,
1,099
Number of accounts closed during the year ending Oct. 31, 1893,
1,088
Total number of open accounts Oct. 31, 1893....................................
6,108
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of t a x e s ) , ..........................................................................................
7,060 86
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
481,129 24
Number of same................................................... ........
6 131
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
510,784 33
Number of same.......................................................................................5,502
Date of examination by commissioner: February 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. D oc
R E P O R T O F TH E
98
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 April 7, 1854.
A
m os
S
to n e
,
Present number of corporators, 45.
President.
B
e n j a m in
F.
St
a c e y
,
A . M. A n d r e w
Clerk o f the Corporation.
s
Treasurer.
,
Names of committee charged with the investment of its funds :
G
e o
A
u g u stu s
. S.
P
e n d e r g a s t
W .
S
,
t o v e r
M
,
a r k
F.
B
E
m r ie
A
m os
u r n s
Open for business every business day, 9 a . m . to 2
3 to 5 p . m .
St
to n e
e t so n
,
,
.
p .m . ;
B a l a n c e S h eet O ctober
Wednesdays and Saturdays,
31, 1893.
L iabilities .
A ssets.
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 pur
poses),
....................................
Real estate by foreclosure, .
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Cash on hand.................................
B.
S
$757,500
17,800
447,500
30.000
27.000
00
00
00
00
00
70,000
40,900
2,121,375
1,319,650
231,484
6,736
00
00
00
00
25
69
$5,069,945 94
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$4,721,828 62
240,000 00
108,117 32
$5,069,945 94
Cash on Deposit in Banks, amount in each: —
National Bank of the Republic, Boston,
Manufacturers’ National Bank, Boston,
Monument National Bank, Boston,
$120,094 89
40,561 45
70,827 91
Loans on Bank Stock, amount on each: —
On 200 shares Traders’ National Bank, Boston, .
On 10 shares Monument National Bank, Boston, .
On 10 shares Monument National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$16,000 00
1,000 00
800 00
No. 8.]
SAVINGS BANK COMMISSIONERS.
99
Charlestown Five Cents Savings Bank — Continued.
Loan on Railroad Bonds : —
On $36,000 Providence & Springfield R .R. 7 s , ............................................. $30,000 00
Loan on Railroad Stock : —
On 242 shares Boston & Maine R . R . , ............................................................... $27,000 00
N o. o f
S h a re s .
Detailed Statement o f Bank Stocks.
24
200
159
42
145
250
326
263
500
300
20
150
105
242
370
304
250
86
27
224
166
140
99
200
342
267
69
500
135
551
235
164
150
26
75
75
217
67
147
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Andover Nat’l Bank, Andover,
Atlas National Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Boston National Bank, Boston,
Boylston Nat’l Bank, Boston, .
Bunker Hill Nat’l B’k, Boston,
National City Bank, Boston, .
JN’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
First 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, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston, .
Nat’l Market Bank, Brighton,.
Metropolitan N ’l B’k, Boston,
Monument Nat’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 Bank, Boston,
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Winthrop Nat’l 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,400
20,000
15,900
4,200
14,500
25,000
32,600
26,300
50,000
30,000
2,000
15,000
10,500
24,200
37,000
30,400
25,000
8,600
2,700
22,400
16.600
14,000
9,900
20,000
34,200
26,700
6,900
50,000
13,500
55,100
23,500
16,400
15,000
2,600
7,500
7,500
21,700
6,700
14,700
A m o u n t In v e ste d .
$2,544 00
23,000 00
14,310 00
3,906 00
17,835 00
50,750 00
27,710 00
31,034 00
57,500 00
34,800 00
4,600 00
19,200 00
9,975 00
22,264 00
39,220 00
30,096 00
24,500 00
7,912 00
2,430 00
21,280 00
38,180 00
15,260 00
11,385 00
24,400 00
49,932 00
26 7«>0 00
7,728 00
45,000 00
13,095 00
52,345 00
21,150 00
19,024 00
22,500 00
3,120 00
15,000 00
9,375 00
31.682 00
7,370 00
11,025 00
$2,400 00
20,000 00
15,900 00
4,200 00
14,500 00
25,000 00
32,100 00
26,300 00
50,000 00
30,000 00
2,000 00
14,800 00
10,500 00
23,300 00
37,000 00
30,400 00
24,200 00
8,600 00
2,700 00
22,400 00
16,600 00
14,000 00
9,900 00
20,000 00
34.200 00
26,700 00
6,900 00
49,500 00
13,500 00
55,100 00
23,500 00
16,400 00
15,000 00
2,600 00
7,500 00
7,500 00
21,700 00
6,700 00
13,900 00
$761,200 $869,137 00
$757,500 00
[Pub. Doc,
REPORT OF THE
100
Charlestown Five Cents Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.
E s tim a te d
P a r V a lu e .
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
Fitchburg R.R. 5s, .
Upper Coos R.R. 4s,
. .
Upper Coos R.R. 4|s,
$11,000
25.000
66.000
60,000
200,000
40.000
50.000
.
.
$452,000
A m o u n t In v ested .
M a r k e t V a lu e .
$11,000
25,750
65,220
60,000
211,500
38.000
52.000
00
00
00
00
00
00
00
$463,470 00
$10,700
25.000
62.000
60,000
200,000
39,800
50,000
00
00*
00
00
00
00
00
$447,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$231,484
2,200
9 ,600
1,560,850
25
00
00
00
2£ per cent.
4
“
4h
“
5
“
Amount.
$322,500
1,021,275
200,100
143,900
00
00
00
00
Rate.
Amount.
Rate.
5| per cent.
5£
“
6
“
6£
$185,400 00
40.000 00
30.000 00
7 per cent.
n
“
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, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 594
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 776
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct 31, 1 8 9 3 ,............................................. J 2i per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,628
Number of accounts closed during the year ending Oct. 31, 1893,
1,594
Total number of open accounts Oct. 31, 1893,
.
.
.
.
14,760
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
* Estimated.
$70,000
80.700
80.700
8,797
00
00
00
26
40,900 00
50,325 00
2,588 80
890,625 00
3,500 00
266,202 53
92,259 61
*113,000 00
No. 8.]
SAYINGS BANK COMMISSIONERS.
101
Charlestown Five Cents Savings Bank — Concluded.
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)............................................................................................................. $8,504 78
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,......................................................................................................
674,08031
Number of s a m e , ................................................................................ 11,418
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893........................................................................................................................
938,04334
Number of s a m e , ................................................................................ 9,579
Date of examination by commissioner : April 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
102
REPORT OF THE
[Pub. Doc
C H E L SE A S A V IN G S B A N K — C H ELSE A.
Incorporated April 29, 1854.
O
t is
H
in m a n
Present number of corporators, 149.
President.
,
A
l b e r t
A
A .
F
ic k e t t
l b e r t
A .
F
ic k e t t
Treasurer.
,
Clerk o f the Corporation.
,
Names of committee charged with the investment of its funds :
O
t is
A
lo n zo
H
in m a n
C.
T
,
H
e n n e y
,
J
Ja
m e s
G
Open for business every business day, 8
o r a t io
o h n
o u l d
a
.m .
T .
B.
H
H
e r s e y
a d a w a y
,
,
.
to 1 p . m . ; Saturdays, 4 to 8
p
.m .
Balance Sheet October 31, 1893.
A ssets.
L iabilities .
Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loan on railroad bonds,
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,
.
.
.
.
$583,500
118,000
10,000
136,000
800
9,164
1,482,082
388,550
00
00
00
00
00
37
00
00
36,500
64,339
3,525
15,412
2,086
00
35
69
80
62
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$2,849,960 83
$2,653,833 85
124,800 00
9,621 15
61,705 83
$2,849,960 83
Cash on Deposit in Banks, amount in each : —
Commercial National Bank, Boston,
First National Bank, Chelsea,
.
.
$48,289 86
16,049 49
On 40 shares First National Bank, Chelsea, .
On 40 shares Commercial National Bank, Boston,
On 40 shares Fourth National Bank, Boston,
$3,500 00
2,500 00
4,000 00
.
.
Loans on Bank Stock, amount on each : —
Loan on Railroad Bonds : —
On $1,000 Fitchburg R .R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
$800 00
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
103
Chelsea Savings B ank — Continued.
Detailed ¡Statement o f Public Funds.
E s tim a t e d
P a r V a lu e .
Town of Brookline, Mass., 5s,
of Canton, Mass., 4s,
of Danvers, Mass , 5s, .
of Norwalk, Conn., 4s, .
of Westminster, Vt., 4s,
of Winthrop, Mass., 5 s ,.
Citv of Bay City, Mich., 5s,
of Boston, Mass., 4s,
of Boston, Mass., 6s,
of Cambridge, Mass., 6s, .
of Chelsea, Mass , 6s,
of Cleveland, Ohio, 4s,
of Dayton, Ohio, 5s,
of East Saginaw, Mich., 5s,
of Fall River, Mass , 6s, .
of Gardiner, Me., 4s,
of Grand Rapids, Mich., 4s,
of Keene, N. H., 4s, .
of Lawrence, Mass., 6s, .
of Lewiston, Me., 4s,
of Lewiston, Me., 5s,
of Lowell, Mass., 4s,
of Lynn, Mass., 6s, .
of Newton, Mass., 4s,
of Peoria, 111., 4|s, .
of Providence, R. I., 4|s, .
of Taunton, Mass , 6s,
of Wallingford, Conn., 4s,
of Worcester, Mass., 4|s,
State of New Hampshire 6s, .
City of Canton, Ohio, 5s,.
of Fort Wayne, Ind., 4is,
of Grand Rapids, Mich., 5s,
of Marblehead, Mass., 4s,
of Saginaw, Mich., 4s,
of Waltham, Mass., 4s, .
*
A m ou n t In v e ste d .
M a r k e t V a lu e .
$5,000
8,000
2,000
31,000
1,500
11,000
22,000
75,000
34,000
7,000
11,000
13,000
19,000
21,500
5,000
6,000
13,000
20,000
36,000
5,000
16,000
8,000
6,000
25,000
15,000
15,000
2,000
17,000
20,000
9,000
17,500
20,000
22,000
10,000
25,000
10,000
$5,300 00
8,000 00
2,200 00
31,155 00
1,500 00
11,935 00
22,110 00
76,250 00
38,350 00
7,300 00
11,330 00
13,000 00
19,200 00
21,885 00
5,800 00
6,000 00
13,000 00
20,200 00
41,255 00
5,000 00
17,600 00
8,040 00
6,240 00
25,125 00
15,150 00
15,450 00
2,080 00
17,000 00
21,000 00
10,115 00
17,660 00
20,600 00
22,220 00
10,000 00
25,000 00
10,000 00
$5,000 00
8,000 00
2,000 00
31,000 00
1,500 00
11,000 00
22,000 00
75,000 00
34,000 00
7,000 00
11,000 00
13.000 00
19,000 00*
21,500 00
5,000 00
6,000 00
13,000 00
20,000 00
36,000 00
5,000 00
16,000 00
8,000 00
6,000 00
25,000 00
15,000 00
15,000 00
2,000 00
17,000 00
20,000 00
9,000 00
17,500 00
20,000 00
22,000 00
10,000 00
25,000 00
10,000 00
$583,500
$604,050 00
$583,500 00
A legal investment when made.
N o. o f
S h a re s .
Detailed Statement o f Bank Stocks.
40
86
20
E s tim a t e d
P a r V a lu e .
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Boston National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000
8,600
2,000
A m o u n t In v ested .
M a r k e t V a lu e .
$4,820 00
9,911 00
1,860 93
$4,000 00
8,600 00
2,000 00
104
[Pub. D oc
R E P O R T O F TH E
Chelsea Savings Bank — Continued.
Detailed Statement o f Bank Stocks — Concluded.
V . as
O GJ
.
o a
P a r V a lu e .
^s
25
43
50
52
40
20
38
14
36
6
70
16
15
15
63
100
43
28
25
50
30
63
50
50
22
45
5
20
Boylston Nat’l Bank, Boston, .
National City Bank, Boston, .
Commercial Nat’l B’k, Boston,
N’l B’k of Commerce, Boston,
Continental Nat l B’k, Boston,
National Eagle Bank, Boston,
Everett Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Howard Nat’l Bank, Boston, .
Market National Bank, Boston,
Massachusetts N’l B’k, Boston,
Merchants’ Nat’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,
Shawmut Nat’l Bank, Boston, .
State National Bank, Boston, .
Suffolk Nat’l Bank, Boston, .
Third National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Central Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
First National Bank, Chelsea,.
Railroad Nat’l Bank, Lowell, .
Nat’l Exchange Bank, Salem,.
First Nat’l B’k, So. Weymouth,
$2,500
4,300
5,000
5,200
4,000
2,000
3,800
1,400
3,600
600
7,000
1,600
1,500
1,500
6,300
10,000
4,300
2,800
2,500
5,000
3,000
6,300
5,000
5,000
2,200
4,500
500
2,000
$118,000
E s tim a te d
M a r k e t V a lu e .
$3,062
3,698
4,800
6,136
4,490
1,950
3,496
1,652
3,600
592
6,650
2,288
1,635
1,578
7,686
14,600
4,816
2,870
2,325
4,350
2,820
5,796
7,375
5,000
2,210
5,625
540
2,300
00
86
96
00
00
95
92
00
00
97
95
00
00
00
00
00
00
00
93
87
94
92
00
00
00
00
00
00
$130,531 00
A m o u n t In v ested .
$2,500
4,300
5,000
5,200
4,000
2,000
3,800
1,400
3,600
600
7,000
1,600
1,500
1,500
6,300
10,000
4,300
2,800
2,500
5,000
3,000
6,300
5,000
5,000
2,200
4,500
500
2,000
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
$118,000 00
Detailed Statement o f Bailroad Bonds.
P a r V a lu e .
Boston & Lowell R.R. 4 s,.
Boston & Providence R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,
. . .
Salem & Lowell R.R. 6s,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000
45,000
20,000
21,000
15,000
10,000
$136,000
E s tim a t e d
M a r k e t V a lu e .
$25,000
45,000
20,000
21,420
15,000
10,700
00
00
00
00
00
00
$137,120 00
A m o u n t In v ested .
$25,000
45,000
20,000
21,000
15,000
10,000
00
00
00
00
00
00
$136,000 00
No. 8 .]
105
SA Y IN G S B A N K CO M M ISSION ERS.
Chelsea Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$64,339 35
36,500 00
20,000 00
Rate.
2J per cent.
4
“
*4 “
Rate.
Amount.
Rate
4| per cent.
5
“
$356,350 00
845,917 00
13,000 00
54 per cent.
6
“
7
Amount.
$25,000 00
496,165 00
125,000 00
54
“
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the same......................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 017
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 711
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ............................................. J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,590
Number of accounts closed during the year ending Oct. 31, 1893,
1,036
.
.
.
.
12,861
Total number of open accounts Oct. 31, 1893,
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes)..........................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e ,.........................................................................................16,276
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of same.............................................................................................. 11,425
Date of examination by commissioner: May 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,164 37
12,550 00
339 31
868,392 00
145,196 85
50,429 45
49,988 38
8,889 40
663,519 78
764,575 03
106
R E P O R T O F TH E
[Pub. D oc.
CH ICOPEE S A V IN G S B A N K — CHICOPEE.
Incorporated Feb. 27,1845.
J
o h n
.B .
W
ood
Present number of corporators, 58.
President.
,
L
u t h e r
H .
W
h it e
,
H .
H
a r r is
,
Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J
o h n
L .
B .
M.
F
W
o o d
e r r y
,
'
J. A .
,
G
e o
Open for business every business day, 9
B a la n c e Sh e e t O cto ber
Public funds as per schedule,
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
( n o t e s ) ,....................................
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Cash on hand, .
.
.
.
$20,000
20,600
550
84.000
598,085
94,118
00
00
00
00
61
00
21,800
34.000
4,630
7,744
00
00
23
36
$885,528 20
C
a r t e r
. W .
a
G
.m .
,
ib s o n
to 3 p
.
.m .
31, 1893.
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$837,644 68
35,600 00
12,283 52
$885,528 20
Cash on Deposit in Banks, amount in each : —
O
CO
First National Bank, Chicopee,
.
.
.
.
City National Bank, Springfield, .
.
.
.
Chicopee National Bank, Springfield,
First National Bank, Springfield, .
.
.
.
Third National Bank, Springfield, .
.
.
.
Hampshire County National Bank, Northampton,
.................................... 10,000
.................................... 5,000
.................................... 4,000
.................................... 5,000
.................................... 10,000
23
00
00
00
00
00
Loan on Bank Stock :—
On 20 shares Third National Bank, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$550 00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
107
Chicopee Savings B a n k — Continued.
Detailed Statement o f Public Funds.
Par Value.
.
Amount Invested.
OO
o o
o o
o’—<or—
'1
City of Lynn, Mass., 4s, .
of Providence, R. I., 4s,
Estimated
Market Value.
$10,000 00
10,000 00
$10,000 00
10,000 00
$20,000
$20,000 00
$20,000 00
Ho. of
Shares.
Detailed Statement o f Bank Stocks.
10
100
30
66
Par Value.
N’l B’k of Redemption, Boston,
First National B’k, Chicopee, .
City N’l Bank, Springfield,
Cliapin N’l B’k, Springfield, .
$1,000
10,000
3,000
6,600
$20,600
Estimated
Market Value.
$1,000
13,000
3,300
6,600
00
00
00
00
$23,900 00
Amount invested.
$1,000
10,000
3,000
6,600
00
00
00
00
$20,600 00
Detailed Statement o f Bailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4^s,
Boston & Providence R.R. 4s, .
Boston, Winthrop & Shore R.R. 5s, .
Fitchburg R.R. 4|s,
Old Colony R.R. 4s,
. . .
Old Colony R.R. 6s,
. . .
Maine Central R.R. 5s, .
Upper Coos R.R. 4|s,
Estimated
Market Value.
$10,000
4.000
10,000
15.000
10.000
20,000
5.000
3.000
7.000
$10,000
4.000
10,000
15.000
10.000
20,000
5.000
3.000
7.000
00
00
00
00
00
00
00
00
00
$84,000
$84,000 00
Amount Invested.
$10,000
4.000
10,000
15.000
10.000
20,000
5.000
3.000
7.000
00
00
00
00
00
00
00
00
00
$84,000 00
Total Amount o f Loans, with Each Specified Rate of Interest.
Amount.
$44,000 00
173,000 00
Kate.
Amount.
Rate.
4 per cent.
4h
“
$16,000 00
514,703 61
4| per cent.
5
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$850 00
Kate.
6 per cent.
108
R E P O R T O F TH E
[Pub. D oc.
Chicopee Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, 237
Aggregate amount of the same...............................................................................$252,853 61
Total number of loans upon real e s t a t e , ............................................. 280
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
42,663 87
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of eachsemi-annual dividend during the 12 percent., f
15,989 28
16,397 06
year ending Oct. 31, 1 8 9 3 ,...................................................... J 2 percent.,!
Number of accounts opened during the year ending Oct. 31, 1893,
. 328
Number of accounts closed during the year ending Oct. 31, 1893,
. 376
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,060
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes),
........................................................................
3,176 39
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.........................................................................
157,220
53
Number of same,
........................................................................2,143
Amount of withdrawals, including dividends, during the year ending Oct.
31. 1 8 9 3 , ...........................................................................................
189,577
26
Number of s a m e ,................................................................................. 2,020
Date of examination by commissioner: April 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
109
S A Y IN G S B A N K COM M ISSION ERS
CH ICOPEE F A L L S S A V IN G S B A N K — CHICOPEE F A L L S .
Incorporated May 11, 1875.
G
e o r g e
S. T
a y l o r
,
President.
H e n r y J.
Present number of corporators, 42.
H
B
o y d
,
e n r y
J. B
o y d
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
N . R.
W
H . S. N
o o d
G. M.
,
e w e l l
,
Ja
Open for business every business day, 8 to 11
a
.m
B a la n c e S heet O ctober
m e s
F
o r to n
l in t
; 1 to 4
p
,
.
.m .
; 6 to 8
p
.m .
31,1893.
Liabilities .
A ssets.
Bank stock 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,
Cash on hand, .
.
.
.
M
$25,125 00
230,548 00
67,945 00
2,750
440
10,743
3
25
516
00
00
16
87
00
17
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$338,096 20
$323,172 46
6,484 27
1,297 54
7,141 93
$338,096 20
Cash on Deposit in Banks, amount in each : —
Chicopee National Bank, Springfield,....................................
Third National Bank, Springfield...............................................
Pynchon National Bank, Springfield,....................................
Springfield Safe Deposit and Trust Company, Springfield, .
Springfield National Bank, Springfield,
.
.
.
.
City National Bank, Springfield..................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,003
1,570
1,725
1,034
1,258
1,154
87
58
28
66
13
51
110
R E P O R T O F TH E
[Pub. D oc.
Chicopee Palls Savings Bank — Concluded.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
10
10
20
16
13
25
20
40
50
6
Par Value.
First Nat’l Bank, Chicopee,
hirst Nat’ l Bank, Easthampton,
Hadley Falls Nat. B’k, Holyoke,
Franklin County Nat’l Bank,
Greenfield, .
.
.
.
Palmer Nat’l Bank, Palmer, .
Chicojiee Nat’l B’k, Springfield,
First Nat’l Bank, Springfield,.
Chapin Nat’l Bank,Springfield,
City Nat’l Bank, Springfield, .
Agawam N’l B’k, Springfield,.
$1,000
1,000
2,000
1,600
1,300
2,500
2,000
4,000
5,000
600
$21,000
Estimated
Market Value.
$1,400 00
1,485 00
3,200 00
1,600
1,300
4,125
3,300
4,930
6,500
600
00
00
00
00
00
00
00
$28,440 00
Amount Invested.
$1,000 00
1,485 00
3,410 00
1,600
1,300
2,500
3,300
4,930
5,000
600
00
00
00
00
00
00
00
$25,125 00
Total A m ou n t o f L oan s , with Each Specified R ate o f Interest.
Amount.
$10,743 16
Kate.
4 per cent.
Amount.
$301,683 00
Kate.
5 per cent.
Amount.
Kate.
-
-
Number of loans which are of an amount not exceeding $3,000 each,
186
Aggregate amount of the s a m e , ........................................................................ $196,843 00
Total number of loans upon real estate.......................................................150
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
17,302 81
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
5,968 65
year ending Oct. 31, 1 8 9 3 ,...................................................... J 2 per cent., 1
6,383 49
Number of accounts opened during the year ending Oct. 31, 1893,
. 307
Number of accounts closed during the year ending Oct. 31, 1893,
. 303
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,284
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
1,528 25
Amount of deposits, not including dividends, received during the year end
ing Oct 31, 1893,...................................................................................................
96,765 71
Number of s a m e , ................................................................................. 2,239
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
110,674 28
Number of same...................................................................................... 1,519
Date of examination by commissioner: April 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
Ill
S A Y IN G S B A N K CO M M ISSION ERS.
C IT IZ E N S ’ SA V IN G S B A N K — F A L L R IV E R .
Incorporated October, 1851.
Present number of corporators, 53.
J ohn C. M il n e , President.
E . E. H a t h a w a y , Treasurer.
H enry H. E a r l , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W eaver Osborn ,
L loyd S. E a r l e ,
John C. M il n e ,
Sam uel W . H a t h a w a y ,
M . G. B. S w if t .
Open for business every business day, 9 a .m . to 1 p .m .
B a la n c e Sh e e t O ctober
L iabilities .
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, .
Expense account,
Cash on hand, .
.
.
.
31, 1893.
$54,000
319,540
74,500
4,727
2,065,829
852,323
00
00
00
92
29
87
16,000
600
143,103
2,374
9,662
00
00
20
31
73
Deposits, .
Guaranty fund,
Discount account,
Suspense account,
.
$3,255,587
123,342
143,617
20,113
93
14
36
89
$3,542,661 32
$3,542,661 32
Cash on Deposit in Banks, amount in each : —
National Bank of Redemption, Boston................................................................. $31,732 54
National Bank of the Republic, B o s t o n , ......................................................
27,184
First National Bank, Boston,.................................................................................
36,591
Washington National Bank, B o s t o n ,...............................................................
31,156
Pocasset National Bank, Fall R i v e r , ...............................................................
16,438
34
54
53
25
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Chicago, 111., 4s, .
of Milwaukee, Wis., 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$25,000
29,000
$24,250 00
30,450 00
$25,000 00
29,000 00
$54,000
$54,700 00
$54,000 00
112
R E P O R T O F TH E
[Pub. D oc
Citizens’ Savings Bank — Continued.
' No. of
Shares.
D etailed Statem ent o f B ank Stocks.
14
6
93
250
140
50
77
128
25
225
281
35
51
25
102
157
149
300
110
800
180
13
Par Value.
Boston National Bank, Boston,
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston,
First National Bank, Boston, .
Howard Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
N’l B’k of Redemption, Boston,
N’l B’k of 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 Bank, Boston,
Fall River N’l B’k, Fall River,
Massasoit N’l B’k, Fall River,
Metacomet N’l B’k, Fall River,
Nat’l Union Bank, Fall River,
Pocasset N’l B’k, Fall River,
Second Nat’l Bank, Fall River,
Railroad Nat’l Bank, Lowell, .
11,400
600
9,300
25,000
14,000
5,000
7,700
12,800
2,500
22,500
28,100
3,500
5,100
2,500
10,200
15,700
14,900
30,000
11,000
80,000
18,000
1,300
$321,100
Estimated
Market Value.
$1,302
684
10.695
59,250
13,860
7,150
9,086
16,000
3,675
23,625
28,100
3,920
5,253
2,300
10,200
16,485
22,350
37,500
11,000
112,000
30,600
1,560
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$426,595 00
Amount Invested.
$1,400
600
9,300
25,000
14,000
5,000
7,700
12,800
2,500
22,500
28,100
3,500
5,100
2,500
10,200
14,312
14,900
30,000
11,000
80,000
18,000
1,127
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
50
$319,540 00
D etailed Statem ent o f B ailroad Bonds.
Concord & Montreal R.R. 4s, .
Maine Central R.R. 4|s, .
Boston & Maine R.R. 7s, .
Par Value.
Estimated
Market Value.
Amount Invested.
$20,000
25,000
29,500
$19,600 00
25.500 00
29.500 00
$20,000 00
25,000 00
29,500 00
$74,500
$74,600 00
$74,500 00
Total A m ou nt o f L oa n s , with Each Specified R ate o f Interest.
Amount.
Kate.
Amount.
Rate.
$143,103 20
12,614 50
757,065 00
2£ per cent.
4
«
5
“
$10,000 00
1,225,786 29
839,612 37
5| per cent.
5i
“
6
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$67,800 00
21,875 00
Rate.
6£ per cent.
7
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
113
Citizens’ Savings Bank — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 471
Aggregate amount of the same...............................................................................
Total number of loans upon real e s t a t e , ............................................. 595
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws: second Monday in June and
December.
Rate and amount of each semi-annual dividend during the j 2^ per cent., r
year ending Oct. 3 1 , 1 8 9 3 , ............................................. j 2^ per cent., j
Number of accounts opened during the year ending Oct. 31, 1893,
1,135
Number of accounts closed during the year ending Oct. 31, 1893,
1,146
Total number of open accounts Oct. 31, 1893,
.
.
.
.
5,665
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .................................................................................4,579
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
N umber of s a m e , ........................................................................
5,088
Date of examination by commissioner: July 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,727 92
2,170 00
392 68
652,897 00
189,986 75
69,973 44
71,918 21
9,973 85
475,228 88
578,979 53
114
R E P O R T O F TH E
[Pub. D oc.
C IT Y S A V IN G S B A N K — P IT T SF IE L D .
Incorporated April 13, 1893.
Present number of corporators, 16.
F rancis W . R o c k w e ll , President.
H ir a m B. W ellington , Treasurer.
B enj . M. E n g lan d , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
O l iv e r W . R obbins ,
W m . M. M ercer ,
H en ry R . P ierson ,
A r th u r A . M il ls ,
H ir a m B. W ellington .
Open for business every business day, except Saturdays, 9 a .m . to 12 m . ; 1 to 3 p .m ;
Saturdays, 9 a .m . to 12 m . ; 1 to 6 p .m .
B a l a n c e Sh e e t O c t o b er
31, 1893.
L iabilities .
Loan on public funds,
Loan on bank stock, .
Loans on real estate, .
Loans to counties, cities or towns
( n o te s ),....................................
Deposit in bank, on interest,
Deposits in banks, not on interest,
Expense account,
Furniture,....................................
Cash on hand.................................
$10,000 00
350 00
14,350 00
12,500
2,436
1,721
290
811
1,483
Deposits, .
Interest account,
Profit and loss ac
count, .
$43,928 29
14 63
1 00
00
27
68
26
76
95
$43,943 92
$43,943 92
Cash on Deposit in Banks, amount in each : —
Pittsfield National Bank, P i t t s f i e l d ,............................................................... $3,436 27
Third National Bank, P ittsfield ,........................................................................
721 68
Loan on Public Funds : —
On $10,000 Town of Adams, Mass. (Fire D i s t r i c t ) , .................................... $10,000 00
Loan on Bank Stock : —
On 5 shares Housatonic National Bank, Stockbridge,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
$350 00
No. 8 .]
115
S A Y IN G S B A N K COM M ISSION ERS.
City Savings Bank — Concluded.
Total A m ou n t o f L oan s , with E ach Specified Rate o f Interest.
Amount.
$2,436 27
31,250 00
Eate.
2 per cent.
5
“
Amount.
$5,000 00
Rate.
5£ per cent.
Amount.
$950 00
Number of loans which are of an amount not exceeding $3,000 each,
11
Aggregate amount of the s a m e , ......................................................
Total number of loans upon real e s t a t e , ............................................. 8
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : fi^st Thursday in January
and July.
Number of accounts opened during the year ending Oct. 31, 1893,
. 225
Number of accounts closed during the year ending Oct. 31, 1893,
.
17
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 208
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.........................................................................................
Number of s a m e ,..........................................................................................225
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of same...............................................................................................42
Date of examination by commissioner : September 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
$18,136 27
15 63
290 .26
48,476 04
4,547 75
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
117
SA V IN G S B A N K CO M M ISSION ERS
City Five Cents Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s.
City of Akron, Ohio, 5s, .
of Grand Rapids, Mich., 5s,
Par Value.
Estimated
Market Value.
Amount Invested.
$18,000
11,000
$18,135 00
11,025 00
$18,000 00
11,000 00
$29,000
$29,160 00
$29,000 00
' No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
Par Value.
74 Continental Nat’l B’k, Boston,
30 Massachusetts N’l B’k, Boston,
25 Merchants’ Nat’l Bank, Boston,
9 N’l B’k of Commerce, Boston,
30 Tremont Nat’l Bank, Boston, .
211 First Nat’l Bank, Haverhill, .
9 Haverhill N’l B’k, Haverhill, .
13 Merrimack N’l B’k, Haverhill,
$7,400
3,000
2,500
900
3,000
21,100
900
1,300
$40,100
Estimated
Market Value.
$8,510
2,850
3,575
1,062
2,850
28,485
1,341
2,145
00
00
00
00
00
00
00
00
$50,818 00
Amount Invested.
$7,400
3,000
2,500
900
3,000
21,100
900
1,300
00
00
00
00
00
00
00
00
$40,100 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Maine R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R R. 5s, .
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 7s, .
Old Colony R.R. 6s,.
Old Colony R.R. 7s,
. . .
Upper Coos R.R. 4s,
Concord & Montreal R.R. 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
5,000
20,000
10,000
10,000
10,000
7,000
40,000
25,000
$177,000
Estimated
Market Value.
$50,000
4,850
21,050
10,300
13,000
10,450
7,035
38,000
25,000
00
00
00
00
00
00
00
00
00
$179,685 00
Amount Invested.
$50,000
5,000
20,000
10,000
10,000
10,000
7,000
40,000
25,000
00
00
00
00
00
00
00
00
00
$177,000 00
118
R E P O R T O F TH E
[Pub. D oc
City Five Cents Savings Bank — Concluded.
Total A m ou nt o f L oa n s , with Each Specified Bate o f Interest.
Amount.
$26,312 63
684,450 00
55,000 00
Bate.
Amount.
Kate.
2£ per cent.
5
“
5i
“
$227,680 00
136,415 00
5J per cent.
6
Amount.
$11,500 00
15,000 00
Bate.
7 per cent.
9
Number of loans which are of an amount not exceeding $3,000 each,. 229
Aggregate amount of the s a m e , ........................................................................ $337,695 00
Total number of loans upon real e s t a t e , ............................................. 266
Gross amount of interest or profits received or earned, as per books, during
73,379 52
year ending Oct. 31, 1 8 9 3 , .................................................................................
Times for the dividends fixed by the by-laws: first Wednesday in June and
December.
Rate and amount of each semi-annual dividend during the 1 2£ per cent., f
30,146 84
year ending Oct. 31, 1893,...................................................... ) 2 per cent., 1
25,467 33
Number of accounts opened during the year ending Oct. 31, 1893,
. 920
Number of accounts closed during the year ending Oct. 31, 1893,
. 895
Total number of open accounts Oct. 31, 1893,
.
.
.
.
5,494
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
3,068 21
.................................................................................
clusive of taxes),
Amount of deposits, not including dividends, received during the year
278,821 53
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , ............................................
5,070
Amount of withdrawals, including dividends, during the year ending Oct.
289,723 92
31, 1893...................................................................................................................
Number of s a m e , .......................................................................................... 4,271
Date of examination by commissioner: March 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
119
S A Y IN G S B A N K COM M ISSION ERS
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 April 12, 1837.
F
r e d e r ic
T .
G
r e e n h a l g e
F. A .
B
,
u
Present number of corporators, 39.
President.
F . A. B u t t r i c k , Treasurer.
t t r i c k , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
A
d d is o n
F
r a n k
C
P
u t n a m
o b u r n
,
E
,
L
d w a r d
F . T
e o n a r d
H
G
P
e k l e y
,
,
.
u n t r e s s
Open for business every business day, 9 a .m . to 1 p
K .
r e e n h a l g e
.m .
B a l a n c e Sh e e t O ctober
; also Saturdays, 7 to 9
p
.m .
31, 1893.
L iabilities .
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), ....................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Burlington, Iowa, Electric Rail
way bonds,* .
.
.
.
Cash on hand, .
.
.
.
$439,600
707,769
68,600
735,000
5.000
2,836,720
1,645,889
00
75
00
00
00
80
34
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$6,166,165 04
320,000 00
185,609 81
16,000 00
700 00
210,991 99
5.000 00
502 97
$6,671,774 85
$6,671,774 85
* T a k e n to s e c u re in d e b te d n e s s .
Cash on Deposit in Banks, amount in each: —
Appleton National Bank, Lowell, .
.
Pynchon National Bank, Springfield, .
National Bank of Redemption, Boston,
.
$92,129 49
45,000 00
73,862 50
Loans on Bank Stock, amount on each: —
On 10 shares Appleton National Bank, Lowell,
On 40 shares Appleton National Bank, Lowell,
On 60 shares Appleton National Bank, Lowell,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 1,000 00
4.000 00
6.000 00
120
R E P O R T O F TH E
[Pub. D oc.
City Institution for Savings — Continued.
On 10 shares Wamesit National Bank, L o w e l l ,............................................. f 1,000 00
On 15 shares Wamesit National Bank, Lowell.....................................................•>
On 15 shares Brockton National Bank, B r o c k t o n , .......................................}
3,000 00
On 5 shares Brockton National Bank, Brockton,............................................. ..
On 9 shares National Hide and Leather Bank, Boston,
.
.
.
.}
1,000 00
On 5 shares Prescott National Bank, Lowell.......................................................
500 00
On 38 shares Wamesit National Bank, Lowell.................................
3,800
00
On 55 shares Railroad National Bank, Lowell,
.
.
.
.
.
.
5,50000
On 10 shares Massachusetts Loan and Trust Company, Boston,.
.
.
40000
On 6 shares Appleton National Bank, L o w e l l , ....................................
600
00
On 111 shares Pacific National Bank, Lawrence,....................................
10,500
00
On 10 shares Old Lowell National Bank, Lowel l , .
.
.
.
.
.
1,000 00
On 20 shares Lowell Trust Company, L o w e l l , ....................................
1,500
00
On 90 shares Old Lowell National Bank, Lowell,....................................
9,000
00
On 13 shares Appleton National Bank, L o w e ll ,....................................
1,000
00
On 5 shares Appleton National Bank, L o w e l l , ...............................................,
2’100 00
On 20 shares Lowell Trust Company, L o w e l l , ................................................ }
On 40 shares Agawam National Bank, Springfield.........................
3,200
00
On 30 shares Appleton National Bank, L o w e l l ,...........................
3,000
00
On 30 shares Old Lowell National Bank, Lowell.......................................
3,000
00
On 75 shares Wamesit National Bank, L o w e l l ,............................................. ,
On 30 shares National Bank of the Commonwealth, Boston,
.
.
.}
7,500 00
D etailed Statem ent o f P u blic F u n d s.
Par Value.
Town of Maynard, Mass., -Is, .
City of Cleveland, Ohio, 4s,
of Des Moines, Iowa, 4s, .
of Des Moines, Iowa, 4^s,
of Lowell, Mass., 4s,
of Milwaukee, Wis., 5s, .
of Saginaw, Mich., 41 s, .
of Fitchburg, Mass., 4s, .
$15,000
52.000
60.000
90.000
50.000
100,000
50.000
25.000
$442,000
Estimated
Market Value.
$15,000
51,480
57.000
90.000
50.000
108,428
52,300
25.000
00
00
00
00
00
75
00
00
$449,208 75
Amount Invested.
$15,000
52.000
57,600
90.000
50.000
100,000
50.000
25.000
00
00
00
00
00
00
00
00
$439,600 00
Ho. of
Shares.
D etailed Statem ent o f B a n k Stocks.
80
200
307
10
Par Value.
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,000
20,000
30,700
21,000
Estimated
Market Value.
$9,640
23,050
27,706
19,530
00
00
75
00
Amount Invested.
$8,000
20,000
30,700
21,000
00
00
00
00
No. 8 .] *
121
S A Y IN G S B A N K COM M ISSIONERS
City Institution for Savin gs — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
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
205
400
236
39
42
25
500
66
220
72
41
25
125
100
167
40
265
100
99
Par Value.
Boylston Nat’l Bank, Boston, .
Bunker Hill Nat’l B’k, Boston,
National City Bank, Boston, .
Columbian Nat’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 Ilide& Leather B’k, Boston,
Nat’l Revere Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank. Boston, .
New England N’l B’k, Boston,
Suffolk Nat’l Bank. Boston,
Third Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Washington N’l Bank, Boston,
Framingham National Bank,
Framingham,
Bay State N’l B’k, Lawrence,
Appleton N’l Bank, Lowell, .
First National Bank, Lowell, .
Prescott Nat’l Bank, Lowell, .
Railroad Nat’l Bank, Lowell, .
Wamesit Nat"] Bank, L ow ell,.
First N’l Bank, Marlborough,
Massachusetts Loan and Trust
Company, Boston,
National Bank of the Commonwealth, 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$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
20,500
40,000
23,600
3,900
$15,500
7,907
6,727
13,800
16,753
11,775
5,046
47,500
18,300
11,400
10,000
9,200
6,435
9,750
17,700
21,812
50,200
59,000
2,850
5,900
10,550
37,500
4,509
9,607
10,302
18,962
34,800
22,184
3,900
00
25
50
00
50
00
25
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
50
50
50
00
00
60
$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
20,500
40,000
23,600
3,900
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
00
00
00
4,200
1,875
50,000
6,600
22,000
7,200
4,100
2,500
5,460
3,125
75,000
11,550
33,000
9,360
5,945
2,500
00
00
00
00
00
00
00
00
4,200
1,875
50,000
6,600
22,000
7,200
4,100
2,500
00
00
00
00
00
00
00
00
12,500
14,375 00
12,500 00
10,000
16,700
4,000
26,500
10,000
9,900
12,525
18,203
4,000
48,765
11,200
10,221
10,000
16,700
4,000
26,500
10,000
9,900
$707,775
00
00
00
00
00
75
$845,029 00
00
00
00
00
00
00
$707,769 75
122
R E P O R T O F TH E
[Püb. D oc.
City Institution for Sayings — Concluded.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Lowell R.ll. 7s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
Maine Central R.R. 4is, .
Old Colony & Newport R.R. 4s,
Worcester, Nashua & Roch. R.R. 4s,
Conn. & Passumpsic Rivers R R. 4s,
Estimated
Market Value.
Amount Invested.
$150,000 $147,000 00 $150,000 00
2,000
2,020 00
2,000 00
153.000
153.000 00
150.000 00
100.000
95.000 00
100.000 00
100,000
100.000 00
81,000 00
46.000
48,070 00
46.000 00
50.000
51,250 00
50.000 00
56.000
56.000 00
56.000 00
50.000
50.000 00
50.000 00
50.000
50.000 00
50.000 00
$757,000
$752,340 00 $735,000 00
Total A m ou n t o f L oa n s , with Each S pecified R ate o f Interest.
Amount.
Bate,
Amount.
Bate.
$165,991 99
45,000 00
8,000 00
2^ per cent.
4
“
4|
»
$145,045 77
3,480,601 00
86,000 00
44 per cent.
5
“
51
“
Amount.
$52,500 00
795,763 37
Value, by books, of real estate held or owned 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, 463
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 582
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, 1893................................ .....................................................
Times for the dividends fixed by the by-laws: second Saturday in January
and July.
Bate.
54 per cent.
6
“
$5,000 00
23,800 00
655,488 87
3,000 00
329,301 09
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
115,844
year ending Oct. 31, 1 8 9 3 , .............................................
1 2 per cent., 1
119,431
Rate and amount of extra dividend during the year ending Oct. 31, 1893,
2.58 per c e n t . , ...................................................................................................
100,497
Number of accounts opened during the year ending Oct. 31, 1893,
2,412
Number of accounts closed during the year ending Oct. 31, 1893,
2,326
Total number of open accounts Oct. 31, 1893,
.
.
.
.
15,677
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)................................................ .....................................................
12,485
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
952,894
Number of s a m e , ................................................................................. 14,996
Amount of withdrawals, including dividends, during the year ending Oct.
31,1893................................................................................ \
1,176,472
Number of same.......................................................................................
20,466
Date of examination by commissioner: October 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
85
24
35
83
11
67
No. 8.]
SAYINGS BANK COMMISSIONERS
123
C L IN T O N S A V IN G S B A N K — C LIN TO N .
Incorporated May 15, 1851.
Present number of corporators, 57.
C h ar le s L. S w a n , President.
C
h a s
.
G.
St
e v e n s
,
C. L . S. H a m m
Clerk o f the Corporation.
o n d
,
Treasurer.
Names of committee charged with the investment of its funds:
C. L .
C. C;
S
w a n
S
to n e
G. W . W
J. E . T h
,
,
L
u c iu s
F
ie l d
,
.
.
Open for business every business day, except Saturdays, 9
Saturdays, 9 a . m . to 1 p . m .
B a la n c e S h e e t O ctober
a
.m .
to 12
m
.,
and 2 to 4
p
.m . ;
31, 1893.
L ia b ilit 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,
Loans on railroad stock, .
Railroad notes, .
.
.
.
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,
Premium account,
Cash on hand, .
.
.
.
e e k s
a y e r
$50,000
3,700
87,500
15,300
90,000
41,000
50,000
732,192
423,216
00
00
00
00
00
00
00
02
00
13,500
20,000
16,281
10,682
38,885
00
00
96
91
07
$1,592,257 96
Deposits, .
Guaranty fund,
Profit and loss ac,
.
count, .
$1,540,430 93
48,200 00
3,627 03
$1,592,257 96
Cash on Deposit in Banks, amount in each : —
New England Trust Company, Boston................................................................. $20,000 00
First National Bank, Clinton..................................................................................16,281 96
Loan on Public Funds : —
On $4,000 United States I s , ................................................................................. $3,700 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
124
REPORT OF THE
[Pub. Doc
Clinton Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 12o shares National Bank of the Commonwealth, Boston,
On 78 shares First National Bank, Clinton,....................................
$12,500 00
2,800 00
Loans on Railroad Stock, amount on each : —
On 100 shares Boston & Albany R .R .................................................
On 250 shares Boston & Maine R . R . , .............................................
$16,000 00
25,000 00
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 4s,
of Boston, Mass., ôs,
of Providence, R. I., 6s, .
of Taunton, Mass., 5s,
Town of Clinton, Mass., 4s,
City of Cambridge, Mass., 6s, .
$4,000
2,000
1,000
8,000
80,000
5,000
$50,000
Estimated
Market Value.
$4,400
2,210
1.140
8.140
30,750
5,100
00
00
CO
00
00
00
$51,740 00
Amount Invested.
$4,000
2,000
1,000
8,000
30,000
5,000
00
00
00
00
00
00
$50,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
14
20
5
10
Atlas National Bank, Boston,
Central Nat’l Bank, Boston, .
National City Bank, Boston, .
Nat’l Hide and Leather Bank,
Boston, .
.
.
.
16 Howard Nat’l Bank, Boston, .
20 Market Nat’l Bank, Boston, .
50 Manufacturers’ National Bank,
Boston,...................................
30 Metropolitan N’l B’k, Boston,
2 Boston Nat’l Bank, Boston,
44 Nat’l Bank of North America
Boston, .
.
.
.
105 Nat’l Webster Bank, Boston, .
329 First National Bank, Clinton,
40 Fitchburg N’l B'k, Fitchburg,
50 Nat’l Bank of Commerce, New
Bedford,
.
.
.
.
50 First Nat’ l B’ k, New Bedford,.
50 Orange Nat’l Bank, Orange, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$1,400
2,000
500
$1,612 50
3,075 00
431 25
$1,400 00
4,000 00
500 00
1,000
1 600
2,000
1,055 00
1,688 00
1,840 00
1,000 00
1,600 00
2,000 00
5,000
3,000
200
5,000 00
2,925 00
186 00
5,000 00
3,000 00
200 00
4,400
10,500
32,900
4,000
4,631
9,607
41,125
6,000
00
50
00
00
4,400
10,500
32,900
6,000
00
00
00
00
5,000
5,000
5,000
5,000 00
7,662 50
7,250 00
5,000 00
5,000 00
5,000 00
$83,500
$99,088 75
$87,500 00
No. 8.]
SAYINGS BANK COMMISSIONERS
125
Clinton Savings Bank— Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
$1,000
23,000
2,000
6,000
35,000
1,000
10,000
2,000
3,000
7,000
Boston & Albany R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Fitchburg R R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,.
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
Boston & Maine R.R. 7s, .
Maine Central R.R. 7s,
$90,000
Estimateci
Market Value.
$1,035
23,240
2,092
6,000
36,500
1,020
10,515
2,061
3,070
9,280
00
00
00
00
00
00
00
66
00
00
$94,813 66
Amount Invested.
$1,000
23,000
2,000
6,000
35,000
1,000
10,000
2,000
3,000
7,000
00
00
00
00
00
00
00
00
00
00
$90,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Kate.
$20,000 00
70,000 00
957,608 84
2 per cent.
4|
“
5
“
Amount.
$85,000 00
14,828 55
Kate.
Amount.
5\ per cent.
5*
$146,779 53
4,691 10
Rate.
6 per cent.
7
Number of loans which are of an amount not exceeding $3,000 each, . 325
Aggregate amount of the s a m e , ........................................................................ $346,533 02
Total number of loans upon real e s t a t e , .............................................361
Gross amount of interest or profits received or earned, as per books, during
74,974 98
year ending Oct. 31, 1 8 9 3 ,............................................. ........
Times for the dividends fixed by the by-laws: second Monday in April and
October.
28,927 86
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
29,493 20
year ending Oct. 31, 1 8 9 3 ,......................................................) 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 851
Number of accounts closed during the year ending Oct. 31, 1893,
. 759
Total number of open accounts Oct. 31, 1893,
.
.
.
.
5,105
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
4,301 00
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
343,582 42
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , .................................................................................4,897
Amount of withdrawals, including dividends, during the year ending
351,297 26
Oct 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , .................................................................................3,696
Date of examination by commissioner: June 6.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
126
COHASSET S A V IN G S B A N K — COHASSET.
Incorporated Feb. 28, 1845.
J.
Q.
A.
L
o t h r o p
,
C
Present number of corporators, 45.
President.
L
a l e b
C
o t h r o p
,
a l e b
L
o t h r o p
,
Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
J. Q. A .
L
M
B.
o r g a n
o t h r o p
S
,
te tso n
,
o u is
b r a h a m
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
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
(notes), ....................................
Deposits in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
N.
L
A
L
in c o l n
H.
to 12 m
T
.,
,
o w e r
.
and 1 to 4
p
.m .
31, 1893.
L iab ilit ies .
$9,000
54,000
5,000
23,000
4,000
330,934
75,096
00
00
00
00
00
25
62
76,500
8,104
753
609
00
04
04
22
$586,997 17
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
$554,161 19
,20,210 00
8,539 03
4,086 95
$586,997 17
Cash on Deposit in Banks, amount in each: —
Boston National Bank, Boston............................................................................... $4,882 33'
Hingham National Bank, H i n g h a m ,............................................. ........
.
3,221 71
Loan on Bank Stock : —
On 50 shares Fourth National Bank, B o s t o n , ............................................. $5,000 00'
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS
127
Cohasset Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Springfield, Ohio, 4|s,
$9,000
Estimated
Market Value.
$9,135 00
Amount Invested.
$9,000 00
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
rar Value.
Atlas National Bank, Boston,
Blackstone Nat’l B’k, Boston, .
Boston National Bank, Boston,
National City Bank, Boston, .
Columbian N’l Bank, Boston,
Continental NM Bank, Boston,
National Eagle Bank, Boston,
Everett Nat’l Bank, Boston, .
N’l Hide & Leather B'k, Boston,
Market National Bank, Boston,
Merchants’ Nat’l B'k, Boston,.
North Nat’l Bank, Boston,
N"1 B’k of the Republic, Boston,
National 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, .
$3,000
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
Estimated
Market Value.
$3,457
1,805
4,185
3,6.55
2,000
4,590
1,530
1,760
2,637
2,760
3,289
1,308
3,212
4,500
3,584
3,890
3,420
1,964
1,002
1,472
50
00
00
00
00
00
00
00
50
00
00
00
00
00
00
25
00
25
50
00
$56,022 00
Amount Invested.
$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 Bailroad Bonds.
Par Value.
Eastern R.R. 6s,
.
Upper Coos R.R. 4|s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
Estimated
Market Value.
Amount Invested.
$13,000
10,000
$15,210 00
10,000 00
$13,000 00
10,000 00
$23,000
$25,210 00
$23,000 00
128
REPORT OF THE
[Pub. Doc.
Cohasset Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$3,246
8,104
17,000
3,800
62
04
00
00
Kate.
0 per cent.
2£
“
4
“
4i
“
Amount.
$42,000
148,950
22,000
125,600
00
00
00
00
Kate.
Amount.
Rate.
4| per cent.
5
“
H
“
H
“
$119,634 25
5,000 00
300 00
6 per cent.
6^
“
7
Value, by books, of real estate held or owned 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, 159
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 183
Amount of investments for which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
Times for the dividends fixed by the by-laws: first Tuesday in January
and July.
Rate and amount of each semi-annual dividend during the j 2 per cent., f
year ending Oct. 31, 1893....................................... .........
. J 2| per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 115
Number of accounts closed during the year ending Oct. 31, 1893,
. 107
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,313
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893, ...........................................................................................
Number of s a m e , .......................................................................................... 722
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , .......................................................................................... 762
Date of examination by commissioner: September 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000 00
3,900 00
145,019 62
3,246 62
29,634 39
10,563 35
12,188 47
2,227 04
72,499 37
82,490 09
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
129
C O N W A Y S A V IN G S B A N K — C O N W A Y .
Incorporated March 10, 1887.
Present number of corporators, 23.
J ohn B. P a c k a r d , President.
W . G. A v e r y , Treasurer.
W . G. A v e r y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
Carlos B atc h e l d e r ,
A rth u r P. D e l a b a r r e ,
John B. P a c k a r d ,
H arris D. P e ase ,
Ch a s . B. M e r r it t .
Open for business every business day, 9 a . m . to 3 p . m .
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,
Loans on bank stock,
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
31, 1893.
L iabilities .
$
6,000 00
2,000 00
2,276 67
1,000 00
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$152,336 20
1,500 00
203 12
103,640 00
21,580 00
200 00
17,342 65
$154,039 32
$154,039 32
Cash on Deposit in Banks, amount in each : —
Conway National Bank, Conway,........................................................................ $7,005 15
City National Bank, Holyoke,
........................................................................
5,337 50
Springfield Safe Deposit and Trust Company, Springfield, .
.
.
.
5,000 00
Loans on Bank Stock, amount on each : —
On 3 shares Conway National Bank,C o n w a y ,............................................
On 3 shares Conway National Bank,C o n w a y ,............................................
On 3 shares Conway National Bank,C o n w a y ,............................................
On 5 shares Conway National Bank, Conway..................................................
On 15 shares City National Bank, Holyoke,......................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$90
286
200
400
1,300
00
67
00
00
00
[Pub. Doc,
R E P O R T O F TH E
130
Conway Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of
of
of
of
of
Bangoi*, Me., 6s, .
Cleveland, Ohio, 5s,
Boston, Mass., 5s,
Holyoke, Mass., 4s,
Milwaukee, Wis., 5s, .
Estimated
Market Value.
$1,000
1,000
1,000
2,000
1,000
$1,005
1,010
1,100
2,000
1,060
$6,000
$6,175 00
Amount Invested.
00
00
00
00
00
$1,000
1,000
1,000
2,000
1,000
00
00
00
00
00
$6,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
10
10
Conway Nat’l Bank, Conway,.
City National Bank, Holyoke,
Par Value.
Estimated
Market Value.
$1,000
1,000
$1,200 00
1,100 00
$1,000 00
1,000 00
$2,000
$2,300 00
$2,000 00
Amount Invested.
Detailed Statement o f Bailroad Bonds.
Par Value.
$1,000
Fitchburg R.B. 5s, .
Estimated
Market Value.
$1,050 00
Amount Invested.
$1,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.
Amount.
Kate.
4 per cent.
$125,546 67
5 per cent.
Amount.
$17,342 65
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$2,150 00
Kate.
6 per cent.
No. 8 .]
S A Y IN G S B A N K COM M ISSION ERS
131
Conway Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,. 67
Aggregate amount of the s a m e , ........................................................................ $53,546 67
Total number of loans upon real e s t a t e , ............................................. 58
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,............................................................... .........
6,795 77
Times for the dividends fixed by the by-laws : May 1 and November 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
2,635 48
year ending Oct. 31, 1893.............................................................. J2 per cent., 1
2,875 48
Number of accounts opened duringthe year ending Oct. 31, 1893,
. 120
Number of accounts closed during theyear ending Oct. 31, 1893,
. 81
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 593
Total expenses of the corporation for the year ending Oct. 31,1893 (ex
clusive of taxes).....................................................................................................
423 65
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
45,527 94
Number of s a m e , ......................................................................................494
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893............................................................................................................
29,076 87
Number of same............................................................................................373
Date of examination by commissioner: March 17.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. D oc
R E P O R T O F TH E
132
C O U N T Y 'S A V IN G S B A N K — C H ELSE A.
Incorporated Feb. 27, 1890.
Present number of corporators, 62.
A l b e r t D. B osson, President.
G eorge T. R oberts , Treasurer.
V ernon A . F ie l d , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
J ohn H. C u nningh am ,
G eorge W . M oses,
A l b e r t D. B osson,
M ilton R a y ,
J ohn M u lloy ,
W . S. H ix o n ,
H en ry N. W entw orth .
Open for business every business day, 8 a .m . to 1 p .m . ; and on Monday, Wednesday and
Thursday, 5 to 8 p . m . ; Saturday, 5 to 9 p .m .
B a l a n c e Sh e e t O c t o b er
L iabilities .
A ssets.
Public funds as per schedule, .
Bank stock as per schedule,
Loan on bank stock, .
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, .
.
.
.
81, 1893.
$22,200
11,800
500
18,000
145,377
22,050
13,480
85
1,372
520
00
00
00
00
25
00
12
00
75
83
$235,385 95
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$230,987 68
2,509 47
279 15
1,609 65
$235,385 95
Cash on Deposit in Banks, amount in each: —
Winnisimmet National Bank, Chelsea, .
First Ward National Bank, Boston,
Winthrop National Bank, Boston,
Loan on Bank Stock: —
On 10 shares Baxter National Bank, Rutland, Vt.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,906 74
5,495 12
' 2,078 26
No. 8 .]
133
SA Y IN G S B A N K CO M M ISSION ERS
County Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Cleveland, Ohio, 4s,
of Lake View, 111., 7s,
of Akron, Ohio, 5s, .
Town of Ashland, Mass., 4s, .
City of Brockton, Mass., 4s,
of Haverhill, Mass., 4s, .
of Milwaukee, Wis., 5s, .
of Springfield, Ohio, 6s, .
of Youngstown, Ohio, 5s,
$3,000
3.000
2.000
700
4.000
1.000
3.000
500
5.000
$22,200
Estimated
Market Value.
$3,000
3,135
2,020
700
4,090
1,007
3,205
522
5,100
00
00
00
00
00
50
00
50
00
$22,780 00
Amount Invested,
$3,000
3.000
2.000
700
4.000
1.000
3.000
500
5.000
00
00
00
00
00
00
00
00
00
$22,200 00
Ko. o f
Shares.
Detailed Statement o f Bank Stocks.
1
11
6
3
1
10
4
25
20
10
3
6
5
10
3
Par Value.
National City Bank, Boston, .
Columbian Nat’l Bank, Boston,
National Eagle Bank, Boston,
N’lB ’k ofN o. America,Boston,
Suffolk National Bank, Boston,
Washington N’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
First Ward Nat’l Bank, Boston,
Third National Bank, Boston,
First National Bank, Chelsea,.
Winnisimmet National Bank,
Chelsea..................................
Dedham Nat’l Bank, Dedham,
First N’l Bank, Newburyport,
So. Danvers N’l B’k, Peabody,
Mechanics’ N’l B’k, Worcester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$100
1,100
600
300
100
1,000
400
2,500
2,000
1,000
$86
1,100
570
315
96
1,002
400
3,250
1,840
1,002
25
00
00
75
75
50
00
00
00
50
$100
1,100
600
300
100
1,000
400
2,500
2,000
1,000
00
00
00
00
00
00
00
00
00
00
300
600
500
1,000
300
301
600
615
1,170
300
50
00
00
00
00
300
600
500
1,000
300
00
00
00
00
00
$11,800
$12,650 25
$11,800 00
134
R E P O R T O F TH E
[Pub. Doc,
County Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Concord & Montreal R.R. 4s, .
Old Colony R.R. 6s,
Portland & Kennebec R.R. 6s,
Cheshire R.R. 6s,
Fitchburg R.R. 4s, .
Old Colony R.R. 7s,
. . .
Upper Coos R.R. 4s,
. . .
.
$6,000
1,000
1,000
1,000
2,000
2,000
5,000
$18,000
Estimated
Market Value.
$5,880
1,020
1,020
1,065
1,960
2,020
4,875
00
00
00
00
00
00
00
$17,840 00
Amount Invested.
$6,000
1,000
1,000
1,000
2,000
2,000
5,000
00
00
00
00
00
00
00
$18,000 00
Total Amount of Loans, with Each Specified Rate of Interest.
Amount.
$7,573 38
5,906 74
Kate.
‘¿k per cent.
2|
“
Amount.
$5,000 00
8,500 00
Kate.
Amount.
5 per cent.
5k
“
$150,175 25
4,252 00
Kate.
6 per cent.
8
Number of loans which are of an amount not exceeding $3,000 each, .
97
Aggregate amount of the s a m e , ........................................................................ $118,507 00
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
year ending Oct. 31, 1 8 9 3 ,..................................................................................
12,606 50
Times for the dividends fixed by the by-laws : third Saturday in April and
October.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
3,942 80
year ending Oct. 31, 1 8 9 3 ,...................................................... J 2 per cent., 1
4,036 78
Number of accounts opened during the year ending Oct. 31, 1893,
. 442
Number of accounts closed during the year ending Oct. 31, 1893,
. 274
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,241
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)................................................................. .........
1,848 71
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
136.806 67
Number of s a m e , ................................................................................. 2,521
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , .............................................................................................................
118.806 58
Number of s a m e , ................................................................................. 1,485
Date of examination by commissioner: May 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
135
CROCKER IN S T IT U T IO N FO R S A V IN G S — T U R N E R ’S
FALLS.
Incorporated April 3, 1869.
Present number of corporators, 32.
J. H. R oot, President.
D. P. A b ercr om bie , Treasurer.
W . H. P. G ilm ore , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
G . L .
R
is t
,
Ja
D.
m e s
A .
G
u n n
,
P. A b e rcr om bie .
Open for business every business day, 9 a . m . to 3 f . m .
B a lan ce Sh e e t O ctober
A sskts.
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 or towns
(notes).........................................
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Suspense account,
Real estate account, .
Cash on hand, .
.
.
.
31, 1893.
L iabilities .
$54,500
21,050
6,850
45,500
00
00
00
00
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$769,850 01
20,000 00
6,901 86
31,000 00
388,969 43
190,978 00
17,300
32,700
5,018
2,624
200
62
00
00
18
07
00
19
$796,751 87
$796,751 87
Cash on Deposit in Banks, amount in each: —
Crocker National Bank, Turner’s Falls,
Packard National Bank, Greenfield,
.
Holyoke National Bank, Holyoke,
.
.
.
.
$12,718 18
15.000 00
10.000 00
Loans on Bank Stock, amount on each: —
On 39 shares Crocker National Bank, Turner’s Falls, .
On 40 shares Packard National Bank, Greenfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,850 00
4,000 00
[Pub. D oc
R E P O R T O F TH E
136
Crocker Institution for Savings — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Bangor, Me., 6s, .
of Boston, Mass., 5s,
of Cambridge, Mass., 4s, .
of East Saginaw, Mich., 5s,
of Fort Wayne, Ind., 6s, .
of Providence, R. I., 5s, .
of Salem, Mass., 5 s ,.
Town of Turner’s Falls (Fire District) 4s,
City of Lynn, Mass., 5s, .
of Cleveland, Ohio,' 5s,
of Springfield, Ohio, 4s, .
Estimated
Market Value.
Amount Invested.
$2,500
4,000
20,000
3,000
1,000
5,000
5,000
$2,725
4,400
20,200
3,120
1,070
5,300
5,400
00
00
00
00
00
00
00
$2,500
4,000
20,000
3,000
1,000
5,000
5,000
00
00
00
00
00
00
00
4,000
1,000
4,000
5,000
4,000
1,080
4,160
5,100
00
00
00
00
4,000
1,000
4,000
5,000
00
00
00
00
$54,500
$56,555 00
$54,500 00
Ko. of
Shares.
Î
1
Detailed Statement o f Bank Stocks.
10
7
10
10
10
10
40
40
66
Par Value.
Central Nat’l Bank, Boston, .
Columbian Nat’l B’k, Boston, .
Nat’l Webster Bank, Boston, .
Eliot National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
N’l B’k of Commerce, Boston,
Continental Nat’l B’k, Boston,.
Conway Nat’l B’k, Conway, .
Crocker Nat’l Bank, Turner’s
F a l l s , ...................................
$1,000
700
1,000
1,000
1,000
1,000
4,000
4,000
Estimated
Market Value.
$1,500
700
900
1,150
940
1,180
4,600
5,000
00
00
00
00
00
00
00
00
Amount Invested.
$1,000
700
1,000
1,000
1,000
1,000
4,000
4,000
00
00
00
00
00
00
00
00
6,600
8,085 00
7,350 00
$20,300
$24,055 00
$21,050 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston,Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 4±s, .
.
.
.
Fitchburg R.R. 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$7,000
5,000
15,000
Estimated
Market Value.
$7,350 00
5,000 00
15,375 00
Amount Invested.
$7,000 00
5,000 00
15,000 00
N o. 8 .]
137
S A Y IN G S B A N K CO M M ISSION ERS.
Crocker Institution for Savings — Concluded.
Detailed Statement o f Railroad Bonds — Concluded.
Par Value.
Maine Central R.R. 4|s, .
Old Colony R.R. 6 s ,.
Portland & Ogdensburg R.R. 6s,
Yermont and Massachusetts R.R. 5s,
$5,000
5.000
3,500
5.000
$45,500
Estimated
Market Value.
$5,125
5,250
3,850
5,100
Amount Invested.
$5,000
5.000
3,500
5.000
00
00
00
00
$47,050 00
00
00
00
00
$45,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$7,700 00
11,000 00
Rate.
Amount.
Rate.
2J per cent.
4
“
$607,297 43
5 per cent.
Amount.
$10,800 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, 1893,
"Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the same......................................................................................
Number of loans which are of an amount not exceeding $3,000 each, . 400
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 371
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: January 1 and July 1.
Rate and amount of each semi-annual dividend during the ) 2 per cent, f
year ending Oct. 31, 1 8 9 3 ,...................................................... 1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 430
Number of accounts closed during the year ending Oct. 31, 1893,
. 500
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,169
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , ................................................................................. 2,288
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of same,
...................................................... 1,561
Date of examination by commissioner: March 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
$31,000
31,000
22,400
1,694
00
00
00
76
200 00
200 00
291,791 37
200 00
39,194 85
14,540 14
15,127 55
2,200 91
155,737 05
165,523 19
138
R E P O R T O F TH E
[Pub. D oc
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 March 20, 1850.
A
u g u stu s
M
,
u d g e
A
President.
l b io n
F. W
e l c h
,
Present number of corporators, 45.
A l b i o n F. W
Clerk o f the Corporation.
e l c h
Treasurer.
,
Names of committee charged with the investment of its funds :
I
r a
C
P .
P
.
H.
h a s
o p e
G
,
J.
o u l d
G
,
C
il b e r t
A .
F
P
r a n k
h a u n c e y
T
a p l e y
Open for business every business day, 8
a
o r t e r
S.
R
,
ic h a r d s
,
.
.m .
to 12 m . ; 1 to 3
p
.m .
B alance Sheet October 31, 1893.
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
( n o t e s ) ,....................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks,not on interest,
Expense account,
Tax account...................................
Cash on hand, .
.
.
.
L iabilities .
$19,775
144,280
42,175
40,000
150,000
1,446
511,044
425,394
00
50
00
00
00
96
00
66
3,000
350
45,491
2,005
191
5
1,646
00
00
57
36
66
32
50
Deposits, .
Guaranty fund,
.
Interest account,
Undivided earnings,
$1,386,806 53
$1,294,476
62,000
4,704
25,625
53
00
21
79
$1,386,806 53
Cash on Deposit in Banks, amount in each: —
Faneuil Hall National Bank, Boston, .
.
.
.
First National Bank, D a n v e r s , ....................................
Maverick National Bank, Boston,....................................
$29,972 04
17,519 53
5 36
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 200 shares Massachusetts National Bank, Boston, .
On 200 shares Third National Bank, Boston,
On 100 shares International Trust Company, Boston,*
* The treasurer has been notified that this security is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
}
$1,800 00
}
25.000 00
375 00
15.000 00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
139
Danvers Savings Bank — Continued.
Loans on Railroad Bonds, amount on each : —
On $50,000 Boston & Maine R.R. 4s,
On $26,000 Upper Coos R.R. 4js, .
On $51,000 Boston & Maine R .R . 4s,
On $26,000 Boston & Maine R.R. 4s,
$50,000
25.000
50.000
25.000
.
.
00
00
00
00
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 4s,
of Boston, Mass., 6s,
Estimated
Market Value.
Amount Invested.
$10,000
10,000
$10,000 00
10,000 00
$10,000 00
9,775 00
$20,000
$20,000 00
$19,775 00
.No. of ]
Shares.
Detailed Statement o f Bank Stocks.
50
53
10
60
70
85
68
20
50
71
65
75
50
34
80
20
25
131
75
125
20
10
270
7
5
25
Par Value.
Atlas National Bank, Boston,.
Blackstone 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,
First National Bank, Danvers,
Nat’l Bank of Commerce, New
Bedford,
.
.
.
.
First National Bank, New Bed
ford, ...................................
Warren Nat’l Bank, Peabody,
Rockport N’l Bank, Rockport,
Asiatic National Bank, Salem,
First National Bank, Salem, .
Naumkeag Nat’l Bank, Salem,
Salem National Bank, Salem,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
5,300
1,000
6,000
7,000
8,500
6,800
2,000
5,000
7,100
6,500
7,500
5,000
3,400
8,000
2,000
2,500
9,825
7,500
12,500
2,000
1,000
8,100
700
500
2,500
$133,225
Estimated
Market Value.
$5,762
4,783
1,147
7,080
8,260
7,820
6,732
1,800
7,312
7,472
7,930
7,500
5,175
2,550
6,960
1,880
2,506
9,825
50
25
50
00
00
00
00
00
50
75
00
00
00
00
00
00
25
00
7,218 75
17,937
2,285
1,300
7,897
770
600
3,218
50
00
00
50
00
00
75
$143,724 25
Amount Invested.
$5,675
5,300
1,080
6,000
7,097
10,612
6,800
2,100
6,475
7,268
7,901
7,500
5,356
3,345
8,000
2,000
2,500
10,197
00
00
00
00
50
50
00
00
00
75
25
00
25
00
00
00
00
00
8,962 50
14,947
2,000
1,000
8,100
700
500
2,862
25
00
00
00
00
00
50
$144,280 50
140
R E P O R T O F TH E
[Pub
D oc.
Danvers Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 7s,
Boston, AVintlirop & Shore R.R. 5s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4|s, .
.
.
.
Estimated
Market Value.
$10,000
10,000
10,000
10,000
$10,300
10,400
9,700
10,000
$40,000
$40,400 00
Amount Invested.
00
00
00
00
$10,000
10,000
10,000
10,000
00
00
00
00
$40,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$45,491
2,123
100,000
43,000
256,656
Kate.
57
50
00
00
16
3 per cent.
4
“
4h
“
4f
“
5
«
Amount.
$25,000
75,000
191,450
290,639
00
00
00
00
Rate.
Amount.
5J per cent.
5|
“
H
“
6 “
$5,000
78,095
40.000
25.000
Kate.
00
00
00
00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Number of loans w-hich are of an amount not exceeding $3,000 each, 247
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 243
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, 1893......................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,............................................. J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 375
Number of accounts closed during the year ending Oct. 31, 1893,
. 332
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,856
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes)..........................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e ,................................................................................. 2,307
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of same...................................................................................... 2,425
Date of examination by commissioner: January 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
6£ per cent.
7
8
9
$1,446 96
400 00
234,738 66
1,446 96
72,123 13
25,396 73
25,427 46
3,182 32
162,279 57
223,935 43
No. 8 .]
141
SA V IN G S B A N K CO M M ISSION ERS
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 March 19, 1831.
Present number of corporators, 120.
A u g u stu s B . E n d ic o t t , President.
A lfred H
A l f r e d H e w in s , Treasurer.
e w in s ,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
A u g u stu s B . E n d ic o t t ,
J o h n R. B u l l a r d ,
W
in s l o w
Open for business daily, 9
Balance
H o w a r d Co lb u r n ,
D on G. H i l l ,
W arren.
Sheet
a .m .
O ctober
p .m .
; 2 to 4
p .m .
31, 1893.
L iabilities .
A ssets .
Public funds as per schedule, .
Loan on public funds,
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,
Deposit in bank, not on interest,
to 12.30
$471,000
15.000
75,500
612.500
75.000
00
00
00
00
00
Deposits, .
Guaranty fund,
Profit and loss ac
count,
.
. .
$2,398,529 00
121,136 65
124,736 02
35.000 00
546,725 00
728,000 00
36.000 00
47,676 67
2,000 00
$2,644,401 67
$2,644,401 67
Cash on Deposit in Bank : —
Dedham National Bank, D e d h a m , ............................................................... $49,676 67
Loan on Public Funds : —
On $5,000 Town of Marblehead, Mass., ............................................................. ..
On $2,000 City of Manchester, N. H ., 6 s , ...................................................... ... $15,000 00
On $8,000 City of Providence, R. I., 5 s , ...................................................... '
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Federal Reserve Bank of St. Louis
142
R E P O R T O F TH E
[Pub. D oc
Dedham Institution for Savings — Continued.
Detailed Statement o f Public Funds.
Estimated
Far Value.
City of Boston, Mass ., 4s,
of Boston, Mass., 6s,
of Chicago, 111., 7s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Columbus, Ohio, 4s,
of Dayton, Ohio, 5s,.
of Dayton, Ohio, 6s,.
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 5s,
of Hyde Park, 111., 7s,
of Manchester, N. H., 6 s,.
of Newton, Mass., 6s,
of Portland, Me., 6s.,
of Portsmouth, N. H., 4s,
of Providence, R. I., 4^s, .
of Springfield, Ohio, 4|s,.
Town of Lincoln, Mass., 6s, .
of South Norwalk, Conn., 6s,
of Woburn, Mass., 6s, .
District of Columbia 5s, .
City of Cambridge, Mass., 6s, .
Town of Danvers, Mass., 5s, .
City of Milwaukee, Wis., 5s, .
of Somerville, Mass., 4±s,
of Springfield, Mass., 6s, .
Market Value.
Amount Invested.
$112,000
10,000
6,000
28,000
1,000
10,000
25,000
10,000
4,000
18,000
10,000
2,000
18,000
6,000
9,000
20,000
20,000
40,000
2,000
5,000
5,000
30,000
10,000
3,000
50,000
15,000
2,000
$113,120 00
11,500 00
6,330 00
28,110 00
1,065 00
9,600 00
26,250 00
10,700 00
4,120 00
19,745 00
10,200 00
2,060 00
18,000 00
7,080 00
10,620 00
20,000 00
20,600 00
40,000 00
2,000 00
5,100 00
5,025 00
31,200 00
11,600 00
3,270 00
51,630 00
15,450 00
2,360 00
$112,000 00
10,000 00
6,000 00
28,000 00
1,000 00
10,000 00*
25,000 00*
10,000 00*
4,000 00
18,000 00
10,000 00
2,000 00
18,000 00
6,000 00
9,000 00
20,000 00
20,000 00
40,000 00
2,000 00
5,000 00
5,000 00
30,000 00
10,000 00
3,000 00
50,000 00
15,000 00
2,000 00
$471,000
$486,735 00
$471,000 00
* L e g a l in v e s t m e n t s w h e n m a d e .
No. o f
Shares.
Detailed Statement o f Bank Stocks.
145 Atlas National Bank, Boston,.
75 Blackstone N’l Bank, Boston, .
75 N’l B’k of Commerce, Boston,
25 Globe National Bank, Boston,
40 Howard Nat’l Bank, Boston, .
60 People’s Nat’l Bank, Boston, .
50 Shawmut Nat’l Bank, Boston,
25 State National Bank, Boston, .
25 National Union Bank, Boston,
85 Nat’l Webster Bank, Boston, .
150 Dedham Nat’l Bank, Dedham,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$14,500
$17,175 00
7,500 '
6,750 00
7,500
8,775 00
2,500
2,325 00
4,000
4,000 00
6,000
9.780 00
5,000
5,600 00
2,500
2,550 00
2,500
3,200 00
8,500
7,820 00
15,000
15,000 00
$14,500
7,500
7^500
2,500
4,000
6,000
5,000
2,500
2'500
8,500
15,000
$75,500
$75,500 00
$82,975 00
00
00
00
00
00
00
00
00
00
00
00
No. 8 .]
143
S A V IN G S B A N K CO M M ISSION ERS
Dedham Institution for Savings — Continued.
Detailed Statement o f Railroad Bonds.
I’ar Value.
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston & Lowell R.R. 4s,
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, Revere Beach & Lynn R.R. 6s,
Boston, Winthrop & Shore R.R. 5s,
Concord & Claremont R.R. 7s,
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 4|s, .
Maine Central R.R. 7s, .
New Bedford R.R. 7s,
Newport & Richford R.R. 5s, .
New York, Prov. & Boston R.R. 7s,
Old Colony R.R. 4s,.
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls & Conway
R.R. 4 | s , ...................................
Salem & Lowell R.R. 6s,.
Vermont & Massachusetts R.R. 5 s ,.
Estimated
Market Value.
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$35,000
20,000
5,000
5,000
26,000
29,000
42,000
11,000
28,000
1,000
29,000
45,000
15,000
4,500
3,000
31,000
2,000
35,000
30,000
25,000
10,000
5,000
31,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$35,000
20,000
5,000
5,000
26,000
29,000
42,000
11,000
28,000
1,000
29,000
45,000
15,000
4,500
3,000
31,000
2,000
35,000
30,000
25,000
10,000
5,000
31,500
$37,800
19,600
5,050
5,150
26,910
29,870
42,000
11,550
29,120
1,000
33,930
44,700
15,500
4,635
3,060
33,330
2,010
36,050
34,200
25,000
10,500
5,025
34,020
15,000
10,500
119,000
15,600 00
11,235 00
124,950 00
15,000 00
10,500 00
119,000 00
$612,500 $641,795 00
$612,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Bate.
Amount.
$47,676
10,000
50.000
50.000
25.000
67
00
00
00
00
2 per cent.
4
“
44
“
4|
4J
“
Kate.
Amount.
$421,450
105,000
80,000
25,000
591,275
00
00
00
00
00
5 per cent.
5|
“
54
fll
“
6
“
Amount.
$10,000 00
3,000 00
30,000 00
Rate.
64 per cent.
7
74
“
Amount invested in real estate for banking purposes,.................................... $35,000 00
Estimated value of the s a m e , ........................................................................
50,000 00
Assessed value of the same......................................................................................
45,400 00
Net income received from same during year ending Oct. 31, 1893,
.
.
564 15
Number of loans which are of an amount not exceeding $3,000 each, 390
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
144
R E P O R T O F TH E
[Pub. D o c.
Dedham Institution for Savings — Concluded.
Aggregate amount of the s a m e , ........................................................................ $380,025 OO
Total number of loans upon real e s t a t e , ............................................. 421
Gross amount of interest or profits received or earned, as per hooks, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
131,584 98
Times for the dividends fixed by the by-laws : second Saturday in May
and November.
Rate and amount of each semi-annual dividend during the J 2 per cent., f
44,968 18
year ending Oct. 31, 1 8 9 3 , ...................................................... J 2 per cent, 1
46,023 39Number of accounts opened during the year ending Oct. 31, 1893, . 693
Number of accounts closed during the year ending Oct. 31, 1893,
. 553
Total number of open accounts Oct. 31, 1893..................................
6,301
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of t a x e s ) , ..........................................................................................
6,141 18
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
313,481 08
Number of s a m e ,................................................................................. 3,765
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
359,306 05*
Number of same...................................................................................... 3,464
Date of examination by commissioner: June 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
145
EA ST BOSTON S A V IN G S B A N K — E A ST BOSTON.
Incorporated April 26, 1848.
Present number of corporators, 28.
G eo . T . S a m p s o n , President.
W
il l ia m
W
il l ia m
B . P ig e o n , Treasurer.
B. P ig e o n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
G eo . L. T h o r n d ik e ,
N. M. J e w e t t ,
Jo h n T h o m p so n ,
W . B. P ig e o n ,
R
ufu s
Cu sh m a n ,
R o b e r t C r o s b ie ,
E . M . M cP h e r s o n .
Open for business every business day, 9
B alance
Sh eet
a .m.
to 2 p . m ., and Saturday, 7 to 9
October
A ssets.
Public funds as per schedule, .
Loans on public funds,
Bank stock as per schedule.
Railroad bonds as per schedule,
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, .
.
.
.
p .m .
31, 1893.
L iabilities .
$285,000
50.000
243,480
168,500
25.000
00
00
00
00
00
14,670
6,488
1,332,144
354,600
68,025
3,008
16,011
72
24
00
00
90
42
59
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$2,366,791 87
117,946 52
23,712 96
58,477 52
$2,566,928 87
$2,566,928 87
Cash on Deposit in Banks, amount in each: —
First Ward National Bank, East Boston,
First National Bank, Boston,
t
.
.
.
$48,394 99
19,630 91
.
$25,000 00
25,000 00
Loans on Public Funds, amount on each : —
On .$25,000 City of Providence, R. 1 , 4s,
On $30,000 City of Meriden, Conn , 4 s ,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
[Pub. D oc
R E P O R T O F TH E
146
East Boston Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 5s,
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Dayton, Ohio, 5 s,.
of Detroit, Mich., 6s,
of Fort Wayne, Ind., 6s, .
of Gloucester, Mass., 4s, .
of Grand Rapids, Mich.. 4£s, .
of Grand Rapids, Mich., 5s,
of Lynn, Mass., 4s, .
of Newton, Mass., 6s,
of Providence, R. i., 4is, .
of Providence, R. l.,5s, .
of Saginaw, Mich., 4|s, .
of Springfield, Ohio, 4|s,.
of Woonsocket, R. 1., 4s, .
District of Columbia 7s, .
City of Fall River, Mass., 4|s,.
of Waltham, Mass., 4s, .
$30,000
16,000
9,000
40,000
8,000
3,000
2,000
3,000
7,000
5,000
10,000
12,000
22,000
5,000
22,000
50,000
1,000
15,000
25,000
$285,000
Estimated
Market Value.
$33,140
16,800
9,330
41,050
9,440
3,270
2,000
3,060
7,140
5,000
11,700
12,360
24,000
5,000
22,440
50,000
1,220
15,487
25,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$297,437 00
Amount Invested.
$30,000
16,000
9,000
40,000
8,000
3,000
2,000
3,000
7,000
5,000
10,000
12,000
22,000
5,000
22,000
50,000
1,000
15,000
25,000
00
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$285,000 00
* A le g a l in v e s tm e n t w h e n m a d e .
No. o f
Shares.
Detailed Statement o f Bank Stocks.
50
50
200
50
50
100
170
40
100
115
138
260
75
80
4
50
50
50
50
150
Par Value.
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,
Boston National Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boylston Nat’ l Bank, Boston, .
Continental N’l Bank, Boston,
N’l Bank of Commerce, Boston,
Commercial N’l Bank, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
First Ward Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Mechanics! Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
Mt. Vernon N’l Bank, Boston,
Manufacturers’ N’l B'k, Boston,
N’l B’k of No. America, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
5,000
20,000
5,000
5,000
10,000
17,000
4,000
10,000
11,500
13,800
26,000
7,500
8,000
400
5,000
5,000
5,000
5,000
15,000
Estimated
Market Value.
$6,025
5,850
18,600
4 475
6,250
11,475
20,060
3,840
9,500
13,282
17,595
27,560
8,850
7,920
500
7,150
4,600
6 606
5,000
16,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$5,000
5,000
20,000
5,000
5,000
10,000
17,000
3,880
10,000
11,500
13,800
26,000
7,500
8,000
400
5,000
5,000
5,000
5,000
15,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
No. 8 .]
SA V IN G S B A N K CO M M ISSIO N ERS.
147
East Boston Savings Bank — Continued.
Ko. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
10
100
100
34
25
105
75
100
50
5
Par Value,
North National Bank, Boston,
National Revere Bank, Boston,
N’l B’k of the Republic, Boston,
N’l B’k of Redemption, Boston,
Second National Bank, Boston,
Suffolk National Bank, Boston,
Shoe & Leather N'l B’ k, Boston,
State National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
$1,000
10,000
10,000
3,400
2,500
10,500
7,500
10,000
5,000
# 500
Estimated
Market Value.
$1,095
10,000
14,600
4,267
4,525
10,526
6,750
10.250
4,687
460
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$1,000
10,060
10,000
3,400
2,500
10,500
7,500
10,000
5,000
500
00
00
00
00
00
00
00
00
00
00
$243,600 $268,798 00 $243,480 00
Detailed Statement o f Bailroad Bonds.
T a r V a lu e .
Boston & Albany R.R. 6s,
Boston, Clinton & Fitchburg R.R. 5s,
Boston & Maine R.R. 7s, .
Dexter & Piscataquis R.R. 4s, .
Fitchburg R.R. 7s, .
Maine Central R.R. 4^s, .
Maine Central R.R. 6s, .
Maine Central R.R. 7s,
Old Colony R.R. 6s,.
Old Colony R.R. 7s............................
Portland & Ogdensburg R R. 6s,
Portsmouth, Great Falls & Conway
R.R. 4 ^ s , ...................................
Fitchburg R.R. 5s, .
Leeds & Farmington R.R. 6s, .
$30,000
11,000
9,500
10,000
3,000
12,000
6,000
20,000
21,000
5,000
15,000
E s tim a t e d
M a r k e t V a lu e .
$30,600
12,100
9,500
9,800
3,030
12,360
6,540
22,000
22,260
5,050
16,350
00
00
00
00
00
00
00
00
00
00
00
A m o u n t In v e ste d .
$30,000
11,000
9,500
10,000
3,000
12,000
6,000
20,000
21,000
5,000
15,000
00
00
00
00
00
00
00
00
00
00
00
5,000
15,000
6,000
5,200 00
15,600 00
6,180 00
5,000 00
15,000 00
6,000 00
$168,500
$176,570 00
$168,500 00
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$68,025 90
20,000 00
55,000 00
Kate.
Amount.
Kate.
2£ per cent.
4è
“
4|
“
$1,072,300 00
64,500 00
352,050 00
5 per cent.
51
“
4
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$10,000 00
185,894 00
2,000 00
Kate.
5| per cent.
6
7
“
148
R E P O R T O F TH E
[Pub. D oc.
East Boston Savings Bank — Concluded.
Amount invested in real estate for banking purposes,.................................... $14,670 72
Estimated value of the s a m e , ........................................................................25,000 00
Assessed value of the s a m e ,.................................................................................
25,000 00
Net income received from same during year ending Oct. 31, 1893,
.
.
1,552 79
Value, by books, of other real estate held or owned by foreclosure or other
wise, .....................................................................................................................
6,488 24
Assessed value of the s a m e ,.................................................................................
7,200 00
Net income received from same during year ending Oct. 31, 1893,
.
.
538 62
Number or loans which are of an amount not exceeding 3,000 each,
524
Aggregate amount of the s a m e , ........................................................................
747,494 00
Total number of loans upon real e s t a t e , ............................................. 613
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 3 , ...............................................................
132,755 13
Times for the dividends fixed by the by-laws : third Wednesday in January
and July.
Kate and amount of each semi-annual^dividend during the ) 2 per cent, f
44,600 78
year ending Oct. 31, 1893............................................................J 2 per cent.,
1 45,060 50
Number of accounts opened during the year ending Oct. 31, 1893,
1,659
Number of accounts closed during the year ending Oct. 31, 1893,
1,441
Total number of open accounts Oct. 31, 1893,
.
.
.
.
9,642
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes)..........................................................................................................
8,850 94
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
644,241 00
Number of same, .
...................................................... 13,685
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
782,357 39
Number of s a m e ,................................................................................. 11,012
Date of examination by commissioners: June 6.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
149
S A Y IN G S B A N K CO M M ISSION ERS.
E A ST B R ID G E W A T E R S A V IN G S B A N K — EA ST
B R ID G E W A T E R .
Incorporated March 8, 1870.
Present number of corporators, 47.
S a m u e l K e i t h , President.
C h a s . F . M a n n , Treasurer.
C h a s . F . M a n n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
Sa m u e l K e it h ,
F . S. S t r o n g ,
G eo . M . K e it h ,
J ohn H o b a r t,
A aron H obar t,
J o sh u a D e a n ,
I. N . N utter.
Open for business every business day, except Wednesdays, 9 a . m . to 12
Wednesdays and Saturdays, 6.30 to 8 p . m .
B alance
Sheet
October
m.;
2 to 4
p m.;
31, 1893.
L iabilities .
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,
Premium account,
.
.
.
Bank building expense and in
come account, .
.
.
.
Cash on hand, .
.
.
.
$15,500 00
87,267 00
61,000 00
12,000
3,194
294,116
260,225
14,134
697
381
Deposits, .
Guaranty fund,
Interest account,
Suspense account,
.
$708,288
23,938
17,135
103
16
27
40
50
00
64
80
00
91
69
87
234 62
712 80
$749,465 33
$749,465 33
Cash on Deposit in Bank : —
Tremont National Bank, Boston............................................................................$14,134 91
Detailed Statement o f Public Funds.
Par Value.
City of Rockford, 111., 4|s,
of Milwaukee, Wis., os, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$10,000
5,500
$10,000 00
5,830 00
$10,000 00
5,500 00
$15,500
$15,830 00
$15,500 00
150
R E P O R T O F TH E
[Pub. D oc.
East Bridgewater Savings Bank — Continued.
No. o f
Shares.
Detailed Statement o f Bank Stocks.
25
20
25
75
25
35
10
23
20
40
20
50
20
22
120
50
40
12
50
40
20
15
50
25
Par Value.
National City Bank, Boston, .
National Bank of the Common
wealth, Boston, .
National Eagle Bank, Boston,
Fourth National Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
IN’1 Hide & Leather B’k, Boston,
Market Nat'l Bank, Boston, .
Manufacturers’ N’l B’k, 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,.
Tremont Nat'l Bank, Boston,
Nat’l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Brockton N’l Bank, Brockton,
Home Nat’l Bank, Brockton, .
First N’l Bank, West Newton,
State Street Safe Deposit and
Trust Company, Boston,
Massachusetts Loan and Trust
Company, Boston,
Plymouth County Safe De
posit and Trust Company,
Brockton,
.
.
.
.
Estimated
Market Value.
12,500
2,000
2,500
7,5f0
2,500
3,500
1.000
2,300
2,000
4,000
2,000
5,000
2,000
2,200
12,000
5,000
4,000
1,200
5,000
4,000
2,000
Amount Invested.
$2,125 00
$2,500 00
2,565
2,125
8,812
2,375
3,224
1,140
2,426
1,840
3,900
2,305
6,100
2,240
2,252
10,440
4,750
3,600
1,392
6,250
6,000
1,500
2,225
2,500
7,750
2,500
3,500
1,250
2,300
2,000
4,000
2,000
6,500
2,000
2,471
12,000
5,480
4,000
1,200
5,000
4,580
2,000
00
00
50
00
37
00
50
00
00
00
00
00
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
(0
00
25
00
00
00
00
00
00
00
1,500
1,560 00
1,510 75
5,000
5,750 00
5,500 00
2,500
2,500 00
2,500 00
$83,200
$87,172 62
$87,267 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston, Revere Beach &Lynn R.R. 6s,
Eastern R.R. 6s,
. . .
Fitchburg R.R. 5s, .
Newport & Riehford R.R. 5s, .
Old Colony R.R. 6 s,.
Upper Coos R.B. 4s,
Vermont & Massachusetts R.R. 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A
Estimated
Market Value.
$15,000
4.000
5.000
16,000
5.000
6.000
5.000
5.000
$14,850
4,200
5,850
16,540
5,150
6,195
4,750
5,250
$61,000
$62,785 00
le g a l in v e s tm e n t w h e n m a d e .
00
00
00
00
00
00
00
00
Amount Invested.
$15,000
4.000
5.000
16,000
5.000
6.000
5.000
5.000
00
00
00
00
00*
00
00
00
$61,000 00
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
151
East Bridgewater Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Rate.
$14,134 91
122,000 00
2£ per cent.
5
“
Amount.
$48,500 00
379,991 80
Rate.
5j| per cent.
6
Amount.
$3,850 00
Rate.
7 per cent.
Amount invested in real estate for banking purposes,....................................$12,000 00
Estimated value of the s a m e , ........................................................................
12,000 00
Assessed value of the sam e,.................................................................................
8,400 00
Net income received from same during year ending Oct. 31, 1893, .
.
30 88
Value, by books, of other real estate held or owned by foreclosure or other
wise, .....................................................................................................................
3,194 64
Assessed value of the s a m e ,.................................................................................
4,650 00
Net income received from same during year ending Oct. 31, 1893,
.
.
32 66
Number of loans which are of an amount not exceeding $3,000 each, 298
Aggregate amount of the s a m e , ........................................................................
252,281 80
Total number of loans upon real e s t a t e , ............................................. 289
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
38,807 14
Times for the dividends fixed by the by-laws: first Monday in January
and July.
Rate and amount of each semi-annual dividend during the ) 2£ per cent, f
16,277 15
13,69149
year ending Oct. 31, 1893, ............................................. ¡ 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 233
Number of accounts closed during the year ending Oct. 31, 1893,
. 162
Total number of open accounts Oct. 31, 1893,
.
2,024
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
2,159 82
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893.............................................................................................
110,561 45
Number of s a m e ,................................................................................. 1,312
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................•
.......................................................................
113,373 00
Number of same......................................................................................1,236
Date of examination by commissioner: June 15.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
152
R E P O R T O F TH E
[Pub. D oc.
EA ST CA M BR ID G E F IV E CENTS S A V IN G S B A N K — E A ST
CA M BR ID G E .
Incorporated April 29, 1854.
Present number of corporators, 36.
G e o r g e S t e v e n s , President.
W
il l i a m
W
E . L l o y d , Treasurer.
il l ia m
E . L l o y d , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
G eorge S teven s ,
J am es M . P r ic e ,
A n d r e w J. G r e e n ,
John C. B u l l a r d ,
B enj . F . T hompson .
Open fo r business every business d a y, 9
B alance
Sh ee t
O ctober
a .m .
p .m .
31, 1893.
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 or towns
(notes).........................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Expense account,
East Cambridge Land Company,
Cash on hand, .
.
.
.
to 1
L iabilities .
$10,000
141,916
4,100
60,500
00
67
00
00
Deposits, .
Guaranty fund.
Interest account,
Profit and loss ac
count,
$1,926 516 28
96,782 67
246 07
79,486 21
10,000 00
1,348,276 97
480,372 28
8,000
75
31,546
2,000
658
1
5,583
00
00
79
00
95
00
57
$2,103,031 23
$2,103,031 23
Cash on Deposit in Banks, amount in each : —
Lechmere National Bank, East Cambridge,....................................
Cambridge National Bank, East Cambridge,
.
.
.
.
.
$22,494 56
11,052 23
.
$3,100 00*
1,000 00
Loans on Bank Stock, amount on each : —
On 30 shares Lechmere National Bank, East Cambridge, .
On 10 shares Cambridge National Bank, East Cambridge .
* This amount has since been reduced within the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
153
SA V IN G S B A N K CO M M ISSION ERS
East Cambridge Five Cents Savings Bank — Continued.
Detailed ¡Statement o f Public Funds.
9
Par Value.
City of Grand Rapids, Mich., 4s,
$10,000
Estimated
Market Value.
$10,800 00
Amount Invested.
$10,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
7
54
63
41
67
80
30
12
16
20
50
21
115
60
5
50
40
20
19
5
10
58
38
183
76
5
67
26
24
51
33
11
25
35
13
30
Par Value.
Atlas National Bank, Boston, .
Blackstone Nat'l B’k, Boston, .
Boston Natl Bank, Boston,
Bunker Hill N atl B’k, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Com
monwealth, Boston,
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston, .
Nat’l Exchange Bank, Boston,
Faneuil Hall N’l B’k, Boston,.
First Ward Natl B’k, Boston, .
Globe National Bank, Boston,.
N’l Hide & Leather B’k, Boston,
Howard 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..
Nat’l Bank of North America,
Boston....................................
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Nat’l Revere Bank, Boston, .
Third National Bank, Boston,.
Tremont Nat’l Bank, Boston, .
National Union Bank Boston,
Nat’l Webster Bank, Boston, .
Nat’l City Bank, Cambridge, .
Charles River National Bank,
Cambridge, .
.
.
.
Lechmere N’l B’k, Cambridge,
Concord Nat’l Bank, Concord,
Fall River N’l B’k, Fall River,
First National Bank, Malden, .
First Nat’l Bank, Marlborough,
Newton Nat’l Bank, Newton, .
Merchants’ National Bank,
Newbnryport,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$700
5.400
6,300
4,100
6.700
$806
4,873
5,859
8,312
7,906
75
50
00
75
00
$700
5,400
6,300
4,100
6,700
00
00
00
00
00
8,000
3,000
1,200
1,600
2,000
5,000
2,100
11,500
6,000
500
5,000
4,000
2,000
1,900
10,020
3,442
1,386
1,888
2,400
6,375
1,932
12,132
5,940
475
7,150
3,820
3,145
2,071
00
50
00
00
00
00
00
50
00
00
00
00
00
00
8,000
3,000
1,200
1,600
2,000
4,000
2,100
11,500
6,000
500
5,000
4,000
2,000
1,900
00
00
00
00
00
00
00
00
00
00
00
00
00
00
500
1,000
5,800
3,800
18,300
7,600
500
6,700
2,600
526
1,255
8,555
3,800
15,921
7,144
648
6,130
4,160
25
00
00
00
00
00
75
50
00
500
1,000
5,800
3,800
18.300
7,600
500
6,700
2,600
00
00
00
00
00
00
00
00
00
2,400
5,100
3,300
1.100
2,500
3,500
1,300
3,480
8,670
4,620
1,210
3,850
3,325
1,300
00
00
00
00
00
00
00
2,400
5,066
3,300
1,100
2,500
2.850
l,3u0
00
67
00
00
00
00
00
600
$143,600
750 00
600 00
$165,280 50 $141,916 67
154
R E P O E T O F TH E
[Pub. D oc.
East Cambridge Five Cents Savings B an k — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Eastern R.R. 6s,
.
,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4£s.............................
Conn. & Passumpsic Rivers R.R. 4s,
Maine Central R.R. 7s,
Old Colony R.R. 7s, .
Portsmouth, Great Falls <fe Conway
R.R. 4 £ s , ..................................
$8,500
4,000
20,000
15,000
10,000
1,000
Estimated
Market Value.
$9,860
3,720
20,000
15,000
13,000
1,007
•
Amount Invested.
00
00
00
00
00
50
$8,500
4,000
20,000
15,000
10,000
1,000
00
00
00
00
00
00
2,000
2,050 00
2,000 00
$60,500
$64,637 50
$60,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$2,672
31,546
22,000
10,000
Kate.
28
79
00
00
0 per cent.
2
“
4
“
4£
“
Amount.
Rate.
Amount.
Rate.
$134,000 00
803,899 00
505,400 00
4| per cent.
$357,852 97
5,000 00
6 per cent.
7
“
5
5£
“
“
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the same, .................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 528
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: April 15 and October 15.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct 31, 1893......................................................... J 2£ per cent., (
Number of accounts opened during the year ending Oct. 31, 1893,
1,704
Number of accounts closed during the year ending Oct. 31, 1893,
1,566
Total number of open accounts Oct. 31, 1893,
.
.
.
.
7,625
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , ................................................................................. 11899
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893.............................................................................................................
Number of s a m e , ................................................................................. 8,388
Date of examination by commissioner: May 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$
10,000 00
8,000 00
7,000 00
179 42
710,726 97
2,673 28
105,671 57
33,239 70
44,708 97
5,107 21
601,893 36
624,706 76
No. 8 .]
SA V IN G S B A N K CO M M ISSION ERS
155
E A S T H A M P T O N S A V IN G S B A N K — E A STH A M P T O N .
Incorporated Feb. 10, 1869.
Present number of corporators, 30.
J ohn M a y h e r , President.
S amuel T. S e e l y e , Treasurer.
O. G. W ebster , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J ohn M a y h e r ,
F. C. G ree n e ,
G eo . L. M anch ester .
Open for business every business day, 9 a .m . to 3 p m .
B a la n c é S heet October
L iabilities .
A ssets.
Bank stock as per schedule,
Loans on bank stock, .
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).........................................
■Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Profit and loss, .
.
.
.
31, 1893.
$230,065
2,030
336,786
127,119
95
00
50
52
15.000
100
70,397
10.000
625
6,964
00
00
04
00
01
34
$799,088 36
Deposits, .
Guaranty fund,
Interest account,
$757,763 89
38,500 00
2,824 47
$799,088 36
Cash on Deposit in Banks, amount in each : —
First National Bank, A d a m s , .............................................................................. $5,000
First National Bank, E a s t h a m p t o n ,..............................................................
35,397
Hampshire County National Bank, Northampton,
.
.
.
.
.
10,000
Pynchon National Bank, Springfield,...............................................................
15,000
Springfield National Bank, S p r i n g f i e l d ,......................................................
5,000
Springfield Safe Deposit and Trust Company, Springfield...............................
10,000
00
04
00
00
00
00
Loans on Bank Stock, amount on each : —
On 3 shares First National Bank, Easthampton,.........................................................$230 00
On 5 shares Agawam National Bank,Springfield...............................................
400 00
On 14 shares Hampshire County National Bank, Northampton, .
.
.
1,400 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. D oc
R E P O R T O F TH E
15(3
Easthampton Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks.
Tar Value.
100 First Nat’l Bank, Adams, .
22 Blackstone Nat’l Bank, Boston,
7 N’l B’k of Commerce, Boston,
20 North National Bank, Boston,
50 Second National Bank, Boston,
25 State National Bank, Boston,
20 N’l B’k of Redemption, Boston,
188 First Nat’l Bank. Easthampton,
44 First National Bank, Eynn,
100 Berkshire N’l B’k, No. Adams,
115 Northampton National Bank,
Northampton,
50 Hampshire Co. National Bank,
Northampton,
100 Pittsfield Nat’l Bank,Pittsfield,
100 Chicopee N’l B’k, Springfield,
111 Chapin N’l Bank, Springfield,
100 First Nat’l Bank, Springfield,
100 Agawam N’l B’k, Springfield,
59 John Hancock National Bank,
Springfield.............................
55 Second N’ l Bank, Springfield,
100 Pynchon N’l Bank, Springfield,
30 Housatonic National Bank,
Stockbridge...........................
50 First Nat’ l Bank, Westfield, .
50 First N’l Bank, West Newton,
100 Franklin Co. N’l B’k, Greenfield,
100 Springfield N’l B’k, Springfield,
$10,000
2,200
700
2,000
5,000
2,500
2,000
18,800
4,400
10,000
Estimated
Market Value.
$15,000
2,500
810
2,600
9,500
3,181
2,600
26,320
5,720
10,000
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$14,100
2,200
700
2,000
6,657
3,181
2,520
18,800
4,400
10,000
00
00
00
00
50
25
00
00
00
00
11,500
19,550 00
13,889 00
5,000
10,000
10,000
11,100
10,000
10,000
6,250
16,494
17,000
17,108
14,951
10,000
5,800
16,494
16,750
17,108
14,951
10,000
5,900
5,500
10,000
7,465 00
8,800 00
15,250 00
7,465 00
8,800 00
15,250 00
3,000
5,000
5,000
10,000
10,000
4,800
7,000
5,500
10,500
13,000
4,000
7,000
5,000
10,500
12,500
$179,600
00
00
00
00
00
00
00
00
00
00
00
$251,929 00
00
20
00
00
00
00
00
00
00
00
00
$230,065 95
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$70,397 04
15,000 00
256,280 00
4 per cent.
4è
“
5
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$4,000 00
89,966 50
114,489 52
Rate.
51 per cent.
5è
6
“
Amount.
$1,220 00
80 00
Rate.
6£ per cent.
7
No. 8 .]
S A Y IN G S B A N K
CO M M ISSIO N ERS.
157
Easthampton Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,. 260
Aggregate amount of the s a m e , ........................................................................ $282,961 02
Total number of loans upon real e s t a t e , ............................................. 245
2,000 00
Amount of investments from which no income is received..............................
Gross amount of interest or profits received or earned, as per books,
38,371 93
during year ending Oct. 31, 1 8 9 3 , ...............................................................
Times for the dividends fixed by the by-laws: January 23 and July 23.
15,059 39
Rate and amount of each semi-annual dividend during the ) 2^ per cent, f
16,461 16
year ending Oct. 31, 1893..........................................................i 2l per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 388
Number of accounts closed during the year ending Oct. 31, 1893,
. 284
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,087
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
4,417 72
clusive of taxes), ...................................................................................................
Amount of deposits, not including dividends, received during the year
158,187 78
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , ................................................................................ 1,917
Amount of withdrawals, including dividends, during the year ending
129,740 55
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , .................................................................................1,570
Date of examination by commissioner: April 13.
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Federal Reserve Bank of St. Louis
158
R E P O R T O F TH E
[Pub. D oc.
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 Feb. 20, 1872.
Present number of corporators, 48.
Z e ch aria h L. B ic k n e l l , President.
J ohn A . R aym on d , Treasurer.
J ohn A . R aymond , Clerk o f the Corporation.
Names of committee charged with the investment of its funds
Z. L.
H. F.
E. G.
J ohn
B ic k n e l l ,
B ic k n e l l ,
Bates ,
W . Bates ,
J ohn P . B u r r e ll ,
N. D. C an te r b u r y ,
C h as . H. P ratt ,
J oseph A . C ush in g .
Open for business every business day, 2 to 5 p .m . ; Saturday, 2 to 6 p m .
B
alance
Sh e e t O ctober
31, 1893.
A ssets.
L iabilities .
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
(notes).........................................
Loans on depositors’ books,
Deposit in bank, on interest,
Cash on hand, .
.
.
.
$78,000
43,700
66,000
371,083
6,972
00
00
00
80
00
5,000
85
2,184
272
00
00
01
15
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$573,296 96
$539 006 38
24,856 00
9,434 58
$573,296 96
Cash on Deposit in Bank : —
Manufacturers’ National Bank, B o s t o n , ...................................................... $2,184 01
Detailed Statement o f Public Funds.
Par Value.
City of
of
of
of
Boston, Mass , 4s,
Brockton, Mass., 4s,
Cleveland, Ohio, 5s,
Dayton, Ohio, 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
*
$10,000
10,000
3,000
3,000
Estimated
Market Value.
$10,000
10,000
3,210
2,880
A legal investment when made.
00
00
00
00
Amount Invested.
$10,000
10,000
3,000
3,000
00
00
00
00*
No. 8 .]
159
S A Y IN G S B A N K CO M M ISSION ERS
East W eym outh Savings Bank — Continued.
Detailed Statement o f Public Funds — Concluded.
Par Value.
City of Detroit, Mich , 6s,
of Detroit, Mich., 7s,
of Fall River, Mass., 6s, .
of Grands Rapids, Mich., 8s, .
of Hyde Park, 111., 7s,
of Lynn, Mass., 5s, .
of Newton, Mass., 6s,
of Peoria, 111., 7s,
of Portland, Me., 6s,
of Providence, R. I., 5s, .
of Springfield, Mass., 6s,
of Springfield, Mass., 7s,
Town of South Abington, Mass., 4s,
of Turner’s Falls, Mass , 4s, .
District of Columbia 7s, .
City of Fort Wayne, Ind., 4|s,
Town of Weymouth, Mass., 4s,
f 1,000
2,000
2,000
3,000
1,000
1,000
2,000
3,000
3,000
2,000
1,000
1,000
5,000
5,000
4,000
5,000
11,000
$78,000
Estimated
Market Value.
$1,160
2,480
2,360
3.240
1,030
1,090
2,360
3,390
3,540
2,210
1,180
1,220
5,000
4.950
4,720
5,050
11,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$82,070 00
Amount Invested.
$1,000
2,000
2,000
3,000
1,000
1,000
2,000
3,000
3,000
2,000
1,000
1,000
5,000
5,000
4,000
5,000
11,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$78,000 00
No. of
Shares.
I
Detailed Statement o f Bank Stocks.
10 Central Nat’l Bank, Boston, .
35 Columbian Nat’l B’k, Boston, .
5 First Ward Nat’l B’k, Boston,
4 National Revere Bank, Boston,
27 Shawmut Nat’l B’k, Boston, .
15 State National Bank, Boston, .
30 Boston Nat’l Bank, Boston,
25 Nat’ l B’k of Commerce, Boston,
25 Everett Nat’ l Bank, Boston, .
8 N’l Hide & Leather B’k, Boston,
17 Manufacturers’ N’ l B’k, Boston,
13 N’l B’k of No. America,Boston,
25 Third National Bank, Boston,.
5 Tremont Nat’l Bank, Boston, .
25 Dedham Nat’l Bank, Dedham,
5 Salem National Bank, Salem,
138 Union Nat’ l Bank, Weymouth,
25 Massachusetts Loan and Trust
Company, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$1,000
3,500
500
400
2,700
1,500
3,000
2,500
2,500
800
1,700
1,300
2,500
500
2,500
500
13,800
Estimated
Market Value.
$1,475
3,500
637
400
3,024
1,535
2,775
2,950
2,200
844
1,657
1,417
2,175
475
2,500
625
13,800
00
00
50
00
00
55
00
00
00
00
50
00
00
00
00
00
00
Amount Invested.
$1,000
3,500
500
400
2,700
1,500
3,000
2,500
2,500
800
1,700
1,300
2,500
500
2,500
500
13,800
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
2,500
2,875 00
2,500 00
$43,700
$44,865 55
$43,700 00
160
R E P O R T O F TU E
[Pub. Doc.
East W eym outh Savings B ank— Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston, Clinton & Fitchburg R.R. 5s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Fitchburg R.R. 4s, .
Lowell (k Lawrence R.R. 6s, .
Maine Central R.R. 7s, .
N. Y., Providence & Boston R.R. 7s,
Old Colony R.R. 4is,
Old Colony R.R. 6s,
. . .
Portland & Ogdensburg R.R. 6s,
Vermont & Massachusetts R.R 5s,
Upper Coos R.R. 4|s,
Estimated
Market Value.
$14,000
3,000
3,000
5,000
1,000
7,000
1,000
5,000
7,000
8,000
2,000
10,000
$15,120
3,090
3,105
4,950
1,050
7,700
1,130
5,025
7,350
8,640
2,100
10,000
$66,000
$69,260 00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$14,000
3,000
3,000
5,000
1,000
7,000
1,000
5,000
7,000
8,000
2,000
10,000
00
00
CO
00
00
00
00
00
00
00
00
00
$66,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$2,184 01
5,000 00
2,900 00
Rate.
<
1\ per cent.
4
5
“
Amount.
$4,800 00
347.328 02
10,505 00
Rate.
per cent.
6
6¿
Amount.
$11,182 78
1,425 00
Rate.
7 per cent.
8
“
Number of loans which are of an amount not exceeding $3,000 each, 306
Aggregate amount of the same............................................................................... $322,640 80
Total number of loans upon real e s t a t e , ............................................. 303
Gross amount of interest or profits received or earned, as per books, during
year ending Oct 31, 1 8 9 3 ,.................................................................................
31,702 45
Times for the dividends fixed by the by-laws : April l and October 1.
Rate and amount of each semi-annual dividend during the )
percent., (
11,362 56
year ending Oct. 31, 1893.......................................................... J 2| percent., 1
11,681 48
Number of accounts opened during the year ending Oct. 31, 1893,
288
Number of accounts closed during the year ending Oct. 31, 1893,
215
Total number of open accounts Oct. 31,1893,
.
.
.
.
1,798
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
1,656 78
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,
..........................................................................................
96,548 97
Number of s a m e , ...........................................................................................1,442
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ...........................................................................................................
93,215 16
Number of s a m e , .......................................................................................... 1,153
Date of examination by commissioner: April 10.
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Federal Reserve Bank of St. Louis
No. 8 .]
161
SA V IN G S B A N K CO M M ISSION ERS.
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, 52.
J ohn Ca r r , President.
F ran k E. G ra n g e r , Treasurer.
J ohn F. N ewton , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J ohn C a r r ,
Sam uel B. H opkins ,
G orham R ogers ,
I vory H arm on ,
W il lia m S. L ela nd ,
G reenleaf C. G eorge .
Open for business every business day, 9 a .m . to 3 p .m .
B alan ce Sh eet O ctober
A ssets.
Public funds as per schedule, .
Loans on public funds,
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Loans on railroad bonds, .
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Short and surplus account,
Cash on hand, .
.
.
.
31,1893.
L iabilities .
$290,100
46,000
57,200
1,000
390,500
104.000
1,421,059
625.000
243,627
5,000
708
197
7,786
00
00
00
00
00
00
80
00
70
00
52
79
43
$3,192,180 24
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Tax account, .
Suspense account, .
$3,069,690 96
83,505 48
154 55
33,129 34
4,400 00
1,299 91
$3,192,180 24
Cash on Deposit in Banks, amount in each: —
People’s National Bank, B o s to n ,........................................................................ $86,034 86
First National Bank, B o s t o n , ........................................................................
71,396 22
National Revere Bank, Boston...............................................................................
91,196 62
Loans on Public Funds, amount on each : —
On
On
On
On
On
On
$6,000 City of Newton, Mass., 4 s , ...............................................................$6,000 00
$10,000 City of Providence, R . I., 4 s , ......................................................
10,000
$10,000 City of Nashua, N. H., 4 s , ...............................................................
9,000
$8,000 City of Haverhill, Mass., 4 s ,...............................................................
8,000
$10,000 City of Lynn, Mass , 4 s , ...............................................................
10 000
$4,000 City of Chicago, 111., 4 s , ...............................................................
3,000
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Federal Reserve Bank of St. Louis
00
00
00
00
00
[Pub. D oc
R E P O R T O F TH E
162
Eliot Five Cents Savings Bank — Continued.
Loan on Bank Stock: —
On 10 shares National Exchange Bank, B o sto n ,....................................
$1,000 00
Loans on Railroad Bonds, amount on each: —
On $5,000 Fitchburg R .R. 4 s , ........................................................................ $4,000 00
On $55,000 Connecticut & Passumpsic Rivers R R. 4s,
.
.
.
.
50,000 00
On $52,000 Boston & Maine R.R. 4 s , ...............................................................
50,000 00
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,
of Chelsea, Mass., 6s,
of Fall River, Mass., 6s, .
of Lawrence, Mass., 6s, .
of Lynn, Mass., 5s, .
of Manchester, N. EL, 6s,
of Providence, R. I., 4ts, .
of Providence, R. I., 5s, .
of Springfield, Mass., 6s, .
of Taunton, Mass., 5s,
of Taunton, Mass., 6s,
of Woburn, Mass., 6s,
Town of Brookline, Mass., 7 s,.
of Marlborough, Mass., 4s, .
District of Columbia 5s, .
State of New Hampshire 6s, .
City of Fall River, Mass., 4Js,
of Holyoke, Mass., 4s,
$4,000
42,600
25,000
35,000
15,000
10,000
15,000
10,000
10,000
5,000
20,000
20,000
10,000
10,000
8,000
4,000
9,000
7,000
500
10,000
20,000
$290,100
Estimated
Market Value.
$4,680
42,600
27,500
35,900
15,300
11,800
15,000
10,900
10,300
5,150
21,040
23,600
10,100
10,400
8,000
4,480
9,000
7,280
600
10,300
20,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$303,930 00
Amount Invested.
$4,000
42,600
25,000
35,000
15,000
10,000
15,000
10,000
10,000
5,000
20,000
20,000
10,000
10,000
8,000
4,000
9,000
7,000
500
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
$290,100 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
10
70
20
50
10
Par Value.
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Columbian Nat’l B’k, Boston,.
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
7,000
2,000
5,000
1,000
Estimated
Market Value.
$1,200
8,050
2,000
5,750
1,150
00
00
00
00
00
Amount Invested.
$1,000
7,000
2,000
5,000
1,000
00
00
00
00
00
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
163
Eliot Five Cents Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
Estimated
Par Value.
13 Howard Nat’l Bank, Boston, .
30 Market National Bank, Boston,
30 Merchants’ Nat’l B’k, Boston, .
61 Mt. Yernon N’l Bank, Boston,
10 N’l B’k of No. America, Boston,
20 National Bank of Redemption,
Boston,
.
.
.
.
10 National Eagle Bank, Boston,
171 People’s Nat’l Bank, Boston,.
43 Shawmut Nat’l Bank, Boston,.
14 State National Bank, Boston, .
10 Naumkeag Nat'l Bank, Salem,
Market Value.
Amount Invested.
$1,300
3,000
3,000
6,100
1,000
$1,300
2,760
4,290
8,052
1,050
00
00
00
00
00
$1,300
3,000
3,000
6,100
1,000
00
00
00
00
00
2,000
1,000
17,100
4,300
1,400
1,000
2,500
950
27,873
5,160
1,442
1,300
00
00
00
00
00
00
2,000
1,000
17,100
4,300
1,400
1,000
00
00
00
00
00
00
$57,200
$74,827 00
$57,200 00
Detailed Statement o f Railroad Bonds.
Estimated
Market Value.
Par Value.
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
.
.
.
Boston & Lowell R.R 6s,
Boston & Maine R.R. 4s, .
Boston & Providence R.R. 4s, .
Concord & Montreal R R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
.
.
.
Newport & Riehford R.R 5s, .
Maine Central R.R. 4*s, .
N. Y. & N. E R.R. (terminal) 4s, .
Old Colony R.R. 4s,
. . .
Old Colony R.R. 6s,
. . .
Portland & Ogdensburg R.R. 6s,
Salem & Lowell R.R. 6 s,.
Vermont & Massachusetts R.R. 5s, .
Worcester, Nashua & Rochester R.R.
4 s,....................................................
Boston & Lowell R.R. 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$11,000
3,000
25,000
25,000
50,000
25,000
5,000
22,000
50,000
25,000
35,000
6,000
16.500
20,000
37,000
$11,880
3,090
25,000
25,000
50,000
25,000
5,150
22,660
51,000
25,000
35,000
6,120
17,820
21,400
38,850
10,000
25,000
$390,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
10,000 00
25,000 00
Amount Invested.
$11,000
3,000
25,000
25,000
50,000
25,000
5,000
22,000
50,000
25,000
35,000
6,000
16,500
20,000
37,000
00
00
00
00
00
00
00
00*
00
00
00
00
00
00
00
10,000 00
25,000 00
$397,970 00 $390,500 00
* A legal investment when made.
[Pub. D oc
R E P O R T O F TH E
164
Eliot Five Cents Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$81,034
162,592
219,400
89,750
Kate.
86
84
00
00
2£ per cent.
3
“
4
“
4|
“
Kate.
Amount.
$989,000
63,500
2,500
756,150
00
00
00
00
4^ per cent.
4|
“
4Î
“
5
“
Amount.
$23,700
50,559
1,300
1,200
Kate.
00
80
00
00
5^ per cent.
6
7
8
»
Number of loans which are of an amount not exceeding $3,000 each,. 138
Aggregate amount of the same,
.
............................................. $241,659 80
Total number of loans upon real e s t a t e , ............................................. 270
5,000 00
Amount o f investments from which no income is receiv ed ,.
Gross amount of interest or profits received or earned, as per books, during
148,288 24
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: second Wednesday in
April and October.
57,662 95
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
58,140 85
year ending Oct. 31, 1 8 9 3 ,...................................................... ) 2 per cent, l
Number of accounts opened during the year ending Oct. 31,1893,
1,221
Number of accounts closed during the year ending Oct. 31,1893,
1,097
Total number of open accounts Oct. 31, 1893,
.
.
.
.
10,066
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
8,778 79
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
638,528 85
ing Oct 31, 1893,...................................................................................................
Number of s a m e ,................................................................................. 9,895
Amount of withdrawals, including dividends, during the year ending Oct.
694,187 78
31, 1893.....................................................................................................................
Number of s a m e , .................................................................................8,302
Date of examination by commissioner: March 24.
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Federal Reserve Bank of St. Louis
No. 8 .]
165
S A Y IN G S B A N K CO M M ISSION ERS
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 15, 1847.
Present number of corporators, 34.
J oseph S hattuck , President.
J ames H . E aton , Treasurer.
J ames H. E aton , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
James H. K id d e r ,
G eorge E . D a v is .
J oseph S h attuck ,
Sam uel W h ite ,
Open for business every business day, 9 a .m . to 1 f .m .
B a la n c e Sh e e t Octo ber
31, 1893.
L iabilities .
A ssets.
$559,000
325,700
23,300
325.000
250
1,750
200.000
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,
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, .
Cash on hand, .
.
.
.
00
00
00
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$6,161,779 05
300.000 00
52,539 20
200.000 00
20,000 00
3,364,894 40
1,564,250 00
72,400 00
198,577 31
59,196 54
$6,714,318 25
$6,714,318 25
Cash on Deposit in Banks, amount in each: —
National Hide and Leather Bank, Boston, .
Winthrop National Bank, Boston,
.
.
Bay State National Bank, Lawrence, .
Merchants’ National Bank, Lawrence, . . .
.
.
$79,057
79,520
20,000
20,000
31
00
00
00
$4,600
7,500
10,500
700
00
00
00
00
Loans on Bank Stock, amount on each : —
On
On
On
On
55 shares Merchants’ National Bank, Lawrence,
100 shares Bay State National Bank, Lawrence,
105 shares .Arlington National Bank, Lawrence,
10 shares Pacific National Bank, Lawrence, .
Loan on Railroad Bonds: —
On $ 1,000 pitchburg R R. 4 £ s , ....................................
$250 00
Loan on Railroad Stock : —
On 32 shares Boston & Maine R.R.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
$1,750 00
166
R E P O R T OF TH E
[Pub. D oc
Essex Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of
of
of
of
of
of
of
Boston, Mass., 4s,
Chicago, 111 , 4s, .
Fall River, Mass., 6s, .
Lawrence, Mass., 4s, .
Lawrence, Mass., 6s, .
Lynn, Mass., 6s, .
Newton, Mass., os,
Estimated
Market Value.
Amount Invested.
$200,600 $204,000 00 $200,000 00
135,000
135,000 00
135,000 00
25.000
29.000 00
25.000 00
96.000
96,160 00
96.000 00
37.000
38,020 00
37.000 00
50.000
52.000 00
50.000 00
16.000
17,600 00
16.000 00
$559,000
$571,780 00 $559,000 00
Mo. of !
Shares.
Detailed Statement o f Bank Stocks.
130
40
10
30
80
75
20
130
80
100
47
232
100
60
40
200
46
150
100
225
250
27
100
100
100
10
250
300
300
Par Value.
Atlas National Bank, Boston, .
Atlantic Nat’l Bank, Boston, .
Blackstone Nat’l B'k, Boston, .
Boston National Bank. Boston,
National Bank of the Commonwealth, Boston,
N’l B’k of Commerce, Boston,
Continental Nat’l B’k, 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, .
Massachusetts N’l B’k, Boston,
Merchants’ Nat’ l Bank, Boston,
Mt. Vernon Nat’l B’k, Boston,.
N’l B’k of No. America, Boston,
North National Bank, Boston,
National 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, .
National 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
Estimated
Market Value.
Amount Invested.
$13,000
4,000
1,000
3,000
$14,950
4,800
900
2,790
00
00
00
00
$13,000
4,000
1,000
3,000
00
00
00
00
8,000
7,500
2,000
13,000
8,000
10,000
4,700
23,200
10,000
6,000
4,000
20,0C0
4,600
15,000
10,000
22,500
25,000
2,700
10,000
10,000
10,000
1,000
25,000
22,500
30,000
10,000
8,850
2,280
11,180
9,200
9,100
4,324
22,968
10,500
5,940
3,800
28,600
6,072
15,750
10,900
22,500
36,500
3,024
9,200
10,200
9,500
1,290
23,000
39,000
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
8,000
7,500
2,000
13,000
8,000
10,000
4,700
23.200
10,000
6,000
4,000
20,000
4,600
15,000
10,000
22,500
25,000
2,700
10,000
10,000
10,000
1,000
25,000
22,500
30,000
00
(0
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$325,700 $374,618 00 $325,700 00
No. 8 .]
167
S A Y IN G S B A N K CO M M ISSION ERS.
Essex Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4|s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Worcester, Nashua & Rochester
R.R. 4 s,...........................................
$50,000
50,000
100,000
105,000
Estimated
Market Value.
$50,000
52,000
100,000
110,150
Amount Invested.
$50,000
50,000
100,000
105,000
00
00
00
00
00
00
00
00
20,000
20,000 00
20,000 00
$325,000
$332,150 00
$325,000 00
Total Amount of Loans, with Each Specified Rate o f Interest.
Amount.
$158,577
82.400
20,000
231,900
31
00
00
00
Bate.
Amount.
Rate.
Amount.
Rate.
2J per cent.
4
“
4£
4è
“
$125,000 00
2,656,448 40
625,250 00
4| per cent.
5
5i
“
$1,401,846 00
45.000 00
79.000 00
6 per cent.
7
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, 1893,
Number of loans which are of an amount not exceeding $3,000 each, . 460
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , .............................................649
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
Hate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893, .
.
.
.
.
.
12 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
5,203
Number of accounts closed during the year ending Oct. 31, 1893,
5,653
Total number-of open accounts Oct. 31, 1893,
.
.
.
.
17,414
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ..................................................................................................
Amount of deposits, not including dividends, received during the year end
$
20,000
30.000
30.000
1,833
00
00
00
50
568,546 00
326,493 18
119,980 01
118,022 55
14,233 62
ing Oct. 31, 1893,................................................................................................... 2,331,081 35
Number of s a m e , .................................................................................
22,246
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893..................................................................................................................... 2,653,057 06
Number of s a m e ,.................................................................................16,828
Date of examination by commissioner : June 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
168
K E PO R T O F TH E
[Pub. Hoc
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, 26.
J ames P. S t e w a r t , President.
Sam uel P. C an n ell , Treasurer.
H enry K . V e a z ie , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W oodbury A . H a m ,
N ath a n ie l J. M e ad ,
D a n ie l B. F essenden ,
S am uel P. Can n ell ,
S am u el M . Johnson .
Open for business every business day, 2 to 4 p . m . ; and Saturday, 7.30 to 8.30 p .m .
B
alance
Sh e e t O cto ber
A ssets.
Bank stock as per schedule,
Loan on railroad bonds,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) ,....................................
Deposits in banks, on interest, .
Furniture and fixtures,
Cash on hand, .
.
.
.
31, 1893.
Liabilities .
$2,000
4,500
50,055
10,000
00
00
00
00
23,300
10,497
125
1,507
00
27
00
62
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$101,984 89
$100,750 00
750 00
145 83
339 06
$101,984 89
Cash on Deposit in Banks, amount in each : —
.
.
CO
Loan on Railroad Bonds: —
On $5,000 Boston & Maine R .R. 4s,
<N
۩
Winthrop National Bank, Boston,
.
.
.
.
First National Bank, C h e l s e a , ....................................
Winnisimmet National Bank, Chelsea, .
.
.
.
07
4,248 35
2,020 85
.
$4,500 00
No. o f
Shares.
Detailed Statement o f Bank Stocks.
20
Par Yalue.
Globe National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,000
Estimated
Market Value.
$2,000 00
Amount Invested.
$2,000 00
No. 8 .]
169
S A Y IN G S B A N K C O M M IS S IO N E D .
Everett Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$10,497 27
8,000 00
6,300 00
Rate.
2J per cent.
4
“
ll
«
Amount.
$16,000 00
5,000 00
16,100 00
Rate.
5 per cent.
H
5à
“
Amount.
$31,955 00
4,500 00
Number of loans which are of an amount not exceeding $3,000 each,
44
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , .............................................43
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893, .
.
.
•
•
•
J 2 per cent., 1
Number of accountsopened during the yearending Oct 31, 1893, . 234
Number of accounts closedduringthe year ending Oct. 31, 1893, .
94
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 897
Total expenses of the corporation for the year ending Oct. 31, 1893
(exclusive of taxes), ..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same......................................................................... ............
1,462
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................... .........
.
.
.
.
847
Number of same.....................................................................
Date of examination by commissioner: March 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
7h
“
$48,055 00
4,505 46
1,470 74
1,641 90
598 40
80,467 92
64,154 03
170
R E P O R T O F TH E
[Pub. D oc
F A IR H A V E N IN S T IT U T IO N FOR S A V IN G S — F A IR H A V E N .
Incorporated Feb. 10, 1832.
G
e o
.
H.
T
,
a b e r
Present number of corporators, 32.
President.
C
h a s
. H .
M
o r to n
,
C h a s . H. M o r t o n , Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
G
e o
C
y r u s
. H .
T
D.
a b e r
H
,
u n t
W
,
L
Jo
h n
B.
H
a l t e r
M.
e v i
u sse y
P .
S
W
n o w
xn so r
,
,
.
Open for business every business day, 9 a
B a lan c e S h eet O ctober
.m .
to 1 p
.m .
31, 1893.
A ssets.
L iabilities .
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,
.
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,
Sea View Hotel and Wharf
Company stock,* .
Cash on hand, .
.
.
.
$9,500
114,870
250
13,000
00
00
00
00
4,500
13,000
183,953
119,400
18,942
4,000
246
00
00
18
33
22
00
69
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
$463,039 82
20,916 00
341 20
2,274 49
4,903 96
5 13
$486,571 51
$486,571 51
* Taken to secure indebtedness.
Cash on Deposit in Bank : —
National Bank of Fairhaven, Fairhaven,
$22,912 22
Loans on Bank Stock, amount on each: —
On 5 shares National Bank of Fairhaven, Fairhaven, .
On 3 shares National Bank of Commerce, New Bedford,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50 00
200 00
No. 8 .]
171
S A Y IN G S B A N K CO M M ISSIO N ERS.
Fairhaven Institution for Savings — Continued.
Detailed statement o f Public Funds.
Par Value.
City of Belfast, Me., 6s, .
Town of Fairhaven, Mass., 7s,
*
Estimated
Market Value.
Amount Invested.
$6,500
3,000
$6,727 00
3,120 00
$6,500 (0*
3,000 00
$9,500
$9,847 00
$9,500 00
A legal investment when made.
No. o f
Shares.
Detailed Statement o f Bank Stocks.
90
50
60
30
40
50
80
50
100
158
68
90
80
40
Par Value.
N’l B’k of Commerce, Boston,
Eliot National Bank, Boston, .
N’l B’k of the Republic, Boston,
State Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Howard Nat'l Bank, Boston, .
N’l B’k of No. America, Boston,
Continental N’l Bank, Boston,
Boston N’l Bank, Boston,
N’l B’k of Fairhaven, Fairhaven,
Mechanics’ Nat’l Bank, New
Bedford,
.
.
.
.
First N’l Bank, New Bedford,
Citizens’ N’l B’k, New Bedford,
Nat’l Bank of Commerce, New
Bedford,
.
.
.
.
$9,000
5,000
6,000
3,000
4,000
5,000
8,000
5,000
10,000
12,640
Estimated
Market Value.
$10,620
6,000
8,880
3,120
4,360
5,000
8,800
6,200
10,000
12,640
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$10,350
6,500
7,740
3,450
5,160
5,500
8,000
5,300
12,000
12,640
00
00
00
00
00
00
00
00
00
00
6,800
9,000
8,000
11,730 00
13,320 00
10,560 00
10,880 00
12,150 00
10,400 00
4,000
4,000 00
4,800 00
$95,440 $115,230 00
$114,870 00
Detailed Statement o f Railroad Bonds.
Par Value.
Concord & Montreal R.R. 4s, .
Boston & Lowell R.R. 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$3,000
10,000
$3,000 00
10,000 00
$3,000 00
10,000 00
$13,000
$13,000 00
$13,000 00
172
R E P O E T O F TH E
[Pub. D oc.
Fairhaven Institution for Savings — Concluded.
Total Amount o f Loans, with Each Specified Rale o f Interest.
Amount.
$18,942 22
34,925 00
34,450 00
Kate.
2
5
5£
per cent.
“
Amount.
$10,456 00
194,742 51
Rate.
5| per cent.
6
“
Amount.
$20,750 00
8,280 00
Kate.
6^ per cent.
7
Amount invested in real estate for banking purposes,.................................... $4,500 00
Estimated value of the s a m e , ........................................................................
6,000 00
Assessed value of the s a m e ,.................................................................................
3,500 00
Value, by books, of other real estate held or owned by foreclosure or
o th e r w is e ,............................................................................................
13,000
00
Assessed value of the same......................................................................
4,000
00
Net income received from same during year ending Oct. 31,1893,
. .
125 00
Number of loans which are of an amount not exceeding $3,000 each,
139
Aggregate amount of the s a m e , ........................................................................
126,480 18
Total number of loans upon real e s t a t e , ............................................. 140
Amount of investments from which no income is received, .
.
.
.
9,403 96
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
23,642 71
Times for the dividends fixed by the by-laws: last Monday in April and
October.
Rate and amount of each semi-annual dividend duringthe 1 2 per cent., f
8,867 23
year ending Oct. 31, 1893,
............................................. J 2 per cent., 1
8,985 63
Number of accounts opened during the year ending Oct. 31, 1893,
. 97
Number of accounts closed during the year ending Oct. 31, 1893,
. 101
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 837
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
2,962 69
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,...........................................................................
57,075
17
Number of s a m e ,......................................................................... 294
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893......................................................................................................
68,738
Number of s a m e , ...............................................................................................
Date of examination by commissioner: September 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
03
No. 8 .]
173
S A Y IN G S B A N K CO M M ISSION ERS.
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 March 11, 1828.
C
r a w f o r d
E .
L
in d s e t
N
,
Present number of corporators, 130.
President.
e w t o n
R .
E
a r l
C
,
A . B
h a r l e s
a ss e t t
,
Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
R
J
o b e r t
a m e s
C. B r o w
C. E d d y ,
G
n
,
u il f o r d
H .
H
H
e n r y
C.
R
o b e r t
H
a t h a w a y
Open for business every business day, 9
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,
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,
Deposits in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
H
a w k in s
e n r y
,
,
.
a
.m .
to 2
p
.m .
31, 1893.
L iabilities .
$859,300
741,850
29.000
324.000
100.000
00
00
00
00
00
46.000
2,744,291
1,499,750
44,500
1,008
9,421
00
00
00
00
74
26
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Due on incomplete
mortgage loans,
$6,399,121 00
$6,088,155 08
228,700 00
54,915 92
13,750 00
13,600 00
$6,399,121 00
Cash on Deposit in Banks, amount in each:
National Bank of Redemption, Boston,
Massasoit National Bank, Fall River, .
Metacomet National Bank, Fall River, .
$16,500 00
25,000 00
3,000 00
Loans on Bank Stock, amount on each : —
On 115 shares Metropolitan National Bank, Boston,
On 166 shares Metropolitan National Bank, Boston,
On 49 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, .
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$7,500 00
11,000 00
3,000 00
7,500 00
174
R E P O R T O F TH E
[Pub. D oc
F a ll River Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
County of Bristol, Mass., 3is, .
of Bristol, Mass., 4is, .
of Hampden, Mass., 3s,
Town of Belmont, Mass., 4s, .
of Freetown, Mass., 4is,
City of Boston, Mass., 4s,
of Boston, Mass., 5s,
of Cambridge, Mass., 8|s,
of Cambridge, Mass., 4 s ,.
of Chicago, 111., 4s, .
of Fall River, Mass., 4s, .
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Gloucester, Mass., 4s, .
of Lynn, Mass., 4s, .
of Nashua, N. 4L, 4s,
of New Bedford. Mass., 3|s,
of Waltham, Mass., 4s, .
of Worcester, Mass., 4s, .
$20,000
20,000
10,000
32,500
1,800
200,000
100,000
36,000
80,000
100,000
46,000
24,000
41,000
40,000
35,000
12,000
30,000
6,000
25,000
$859,300
Estimated
Market Value.
$19,900
20,200
9,000
32,500
1,800
200,000
110,000
34,200
80,000
100,000
46,000
25,800
47,440
40,000
35,000
12,000
28,500
6,000
25,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$873,340 00
Amount Invested.
$20,000
20,000
10,000
32,500
1,800
200,000
100,000
36,000
80,000
100,000
46,000
24.000
41,000
40,000
35,000
12,000
30,000
6,000
25,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$859,300 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
200
150
400
330
250
300
160
400
107
300
232
200
100
715
650
935
Par Value.
Nat’l B’k of Commerce, Boston,
Eliot National Bank, Boston, .
Faneuil Hall Nat’l B’k, Boston,
First National Bank, Boston, .
N ’l Hide & Leather B’k, Boston,
Howard Nat’l Bank Boston, .
Merchants’ Nat’l Bank, Boston,
N’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
National Revere Bank. Boston,
Second National Bank, Boston,
Washington Nat’l B'k, Boston,
First National Bank, Chelsea,
Fall River N’l B’k, Fall River,
Massasoit N’l B’k, Fall River,
Metacomet N’l B'k, Fall River,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
15,000
40,000
33,000
25,000
30,000
16,000
40,000
10,700
30,000
23,200
20,000
10,000
71,500
65,000
93,500
Estimated
Market Value.
$23,600
17,250
48,000
78,210
25,125
30,000
22,880
42,000
13,375
30,000
41,992
20,000
10,000
75,075
97,500
116,875
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$20,000
15,000
40,000
72,600
25,000
30,000
16,000
40,000
10,700
30,000
34,800
20,000
10,000
71,500
76,050
93,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
No. 8 .]
175
S A Y IN G S B A N K CO M M ISSIO N ERS
F all River Savings B a n k — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
150
420
500
220
Par Value.
Second N’l Bank, Fall River,
National Bank of Commerce,
New Bedford,
First Nat’l Bank, New Bedford,
Merchants’ Nat’l Bank, New
Bedford,
.
.
.
.
Estimated
Market Value.
Amount Invested.
$15,000
$25,500 00
$15,000 00
42,000
50,000
33,600 00
70,000 00
42,000 00
50,000 00
22,000
41,800 00
29,700 00
$671,900
$862,782 00
$741,850 00
Detailed Statement o f Bailroad Bonds.
Par Value.
Boston, Clinton, Fitchburg and New
Bedford R.R. 5s............................................
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 7s,
Boston, Winthrop & Shore R R. 5s,
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 6s, .
Maine Central R.R. 7s,
N. Y., Providence & Boston R.R. 7s,
Old Colony R.R. 4ls,
Old Colony R.R. 6s, .
Worcester. Nashua & Roch. R.R. 4s,
Boston & Maine R.R. 7s, .
$70,000
25.000
10.000
15.000
15.000
10.000
7,000
10,000
50.000
77.000
15.000
20.000
$324,000
Estimated
Market Value.
$78,400
25.000
10.400
16,500
15,300
11,200
7,840
11.400
52.000
81,110
15.000
20.000
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
00
$344,150 00
$70,000
25.000
10.000
15.000
15.000
10.000
7,000
10,000
50.000
77.000
15.000
20.000
00
00
00
00.
00
00
00
00
00
00
00
00
$324,000 00
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
Kate.
Amount.
Kate.
Amount.
$19,500 00
220,000 00
1,339,825 00
2£ per cent.
4|
“
5
$1,831.866 00
671,250 00
151,900 00
5^ per cent.
6
6i
“
$138,200 00
45,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
7 per cent.
8
“
176
R E P O R T O F TH E
[Pub. D oc.
F all River Savings Bank — Concluded.
Amount invested in real estate for banking purposes........................................$46,000 00
Estimated value of the s a m e , ........................................................................
46,000 00
Assessed value of the s a m e ,.................................................................................
48,000 00
Net income received from same during year ending Oct. 31, 1893,
.
.
700 00
Number of loans which are of an amount not exceeding $3,000 each, . 961
Aggregate amount of the same............................................................................... 1,349,364 00
Total number of loans upon real e s t a t e , .................................... 1,124
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893.....................................................................................
331,911 34
Times for the dividends fixed by the by-laws: first Monday in April and
October.
Rate and amount of each semi-annual dividend during the 1 2| per cent., f 133,771 41
year ending Oct. 31, 1893.......................................................... 1 2^ per cent., 1 149,895 82
Number of accounts opened during the year ending Oct. 31, 1893,
2,227
Number of accounts closed during the year ending Oct. 31, 1893,
2,186
12,6-50
Total number of open accounts Oct. 31, 1893....................................
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
13,954 57
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.........................................................................
960,535
78
Number of s a m e ,........................................................................................ 11,876
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893................................................................................................... 1,214,947
66
Number of s a m e , ........................................................................................ 11,523
Date of examination by commissioner: May 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA V IN G S B A N K CO M M ISSION ERS.
177
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
a l t e r
C.
D
Present number of corporators, 34.
President.
C h a r l e s J. H
J o h n P. S l a d e , Cleric o f the Corporation.
u r f e e
,
o l m e s
,
Treasurer.
Names of committee charged with the investment of its funds:
W
L
a l t e r
C.
e o n t in e
L
D
u r f e e
in c o l n
Ju
,
Sa
,
C
n iu s
P .
P
. E .
r e n t is s
Sheet
O ctober
G
B
r o w n
if f o r d
,
,
.
Open for business every business day, 9
B alance
M.
m u e l
h a s
a
.m .
to 2
p
.m .
31, 1893.
A ssets.
Liabilities .
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,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Border City Manufacturing Com
pany’s stock,*
Granite Mills stock,*.
Cash on hand.................................
$125,000 00
491,100 00
195,000 00
45,000
53,955
1,462,950
741,260
61,953
5,000
2,835
00
76
00
00
83
00
95
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
Rental account,
Due on mortgage
notes, .
$3,020,875 73
70,000 00
77,589 40
22,883 10
16,253 38
3,643 55
8,796 78
15,198 35
3,194 49
$3,211,245 16
$3,211,245 16
* Taken to secure indebtedness.
Cash on Deposit in Banks, amount in each:—
Massasoit National Bank, Fall River,
Second National Bank, Fall River,
National Exchange Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$30,000 00
28,237 06
8,716 77
178
R E P O R T O F TH E
[Pub. D oc
Fall River Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Everett, Mass., 4s,
City of Lynn, Mass., 4s, .
of Chicago, ill., 4s, .
f2o,000
50,000
50,000
$125,000
Estimated
Market Value.
$25,000 00
50,000 00
50,000 00
Amount Invested.
$25,000 00
50,000 00
50,000 00
$125,000 00 $125,000 00
Detailed Statement o f Bank Stocks.
°
Estimated
u
Market Value.
£ w
50 Atlantic Nat’l Bank, Boston, .
250 Atlas National Bank, Boston, .
200 Blackstone Nat’l B’k, Boston, .
100 Boston National Bank, Boston,
100 National City Bank, Boston, .
35 N’l B’k of Commerce, Boston,
250 Continental Nat’l Bank, Boston.
15 Eliot National Bank, Boston, .
160 Everett Nat’l Bank, Boston, .
150 Nat’l Exchange Bank, Boston,
100 Faneuil Hall Nat’l B’k. Boston,
50 First National Bank, Boston, .
300 N’l Hide & Leather B’k, Boston,
200 Howard Nat’l Bank, Boston, .
300 Lincoln Nat’l Bank, Boston, .
150 Metropolitan N’l B’k, Boston,
85 Monument N’l Bank, Boston, .
145 N’l B’k of No. America, Boston,
250 National Bank of Redemption,
Boston,
.
.
.
.
100 National Revere B’k, Boston, .
120 Shawmut Nat’l Bank, Boston, .
250 Shoe & Leather Nat’l Bank,
Boston, .
.
.
.
.
400 Third National Bank, Boston,
30 Nat’l Webster Bank, Boston, .
70 Winthrop Nat’l Bank, Boston,
300 First National Bank, Chelsea,
20 Dedham Nat’l Bank, Dedham,
100 Metacomet N’l B’k, Fall River,
36 N^.t’1 Union Bank, Fall River,
412 Second Nat’l Bank, Fall River,
50 Leominster N’l B’k, Leominster,
100 First National Bank, Malden, .
20 Oxford Nat’l Bank, Oxford, .
13 Palmer Nat’l Bank, Palmer, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
25,000
20,000
10,000
10,000
3,500
25,000
1,500
16 000
15,000
10,000
5,000
30,000
20,000
30,000
15,000
8,500
14,500
$6,000
28,750
18,000
9,300
8,600
4,130
28,750
1,725
14,720
17,700
12,000
12,000
31,500
20,000
30,000
14,700
18,700
15,225
25,000
10,000
12,000
31,500 00
10,000 00
13,440 00
25,000 00
10,000 00
12,000 00
25,000
40,000
3,000
7,000
30,000
2,000
10,000
3,600
41,200
5,000
10,000
2,000
1,300
22,500
36,000
2,760
8,112
30,000
2,000
12,500
3,600
70,040
5,000
15,000
2,000
1,690
25,000
40,000
3,000
7,000
30,000
2,000
10,000
3,600
41,200
5,000
10,000
2,000
1,300
$491,100
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
$5,000
25,000
20,000
10,000
10,000
3,500
25,000
1,500
16,000
15,000
10,000
5,000
30,000
20,000
30,000
15,000
8,500
14,500
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
00
$557,942 00 $491,100 00
No. 8 .]
SA V IN G S B A N K CO M M ISSIO N ERS.
179
F all River Five Cents Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Maine Central R.R. 4|s, .
Old Colony R.R. 4s,
. .
Rutland R.R. 5s,
. . .
.
$50,000
25.000
50.000
100,000
Estimated
Market Value.
$50,000
25.000
50.000
100,000
Amount Invested.
00
00
00
00
$225,000 $225,000 00
$50,000
25.000
50.000
70.000
00
00
00
00*
$195,000 00
* A legal investment when made.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$23,237
8,716
30,000
229,050
06
77
00
00
Bate.
Amount.
Bate.
2 per cent.
“
4
“
5
$1,379,000 00
100,000 00
278,450 00
5J per cent.
51
«
6
“
2\
Amount.
$50,000 00
77,710 00
90,000 00
Bate.
6£ per cent.
7
“
8
“
Amount invested in real estate for banking purposes,.................................... $45,000 00
Estimated value of the s a m e , ........................................................................
50,000 00
Assessed value of the s a m e ,.................................................................................
65,750 00
Net income received from same during year ending Oct. 31,1893,
.
.
1,837 31
Value, by books, of other real estate held or owned by foreclosure or other
wise...........................................................................................................................
53,955 76
Assessed value of the s a m e ,.................................................................................
58,225 00
Net income received from same during year ending Oct. 31, 1893,
.
.
2,575 00
Number of loans which are of an amount not exceeding $3,000 each, . 432
Aggregate amount of the s a m e , ........................................................................
651,475 00
Total number of loans upon real e s t a t e , ............................................. 544
Amount of investments from which no income is received...............................
2,182 97
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
173,996 12
Times for the dividends fixed by the by-laws: second Monday in June and
December.
Rate and amount of each semi-annual dividend during the 1 2| per cent., f
61,138 82
year ending Oct. 31, 1 8 9 3 , .............................................i 2^ per cent.,
I
71,887 16
Number of accounts opened during the year ending Oct. 31,1893,
2,192
Number of accounts closed during the year ending Oct. 31, 1893,
1,961
Total number of open accounts Oct. 31, 1893,
.
.
.
.
10,696
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)..................................................................................................... 7 392 05
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893.....................................................................................................
618,223 36
Number of s a m e , .................................................................................15,749
Amount of withdrawals, including dividends, during the year ending Oct.
31> 1893>
............................................................................................................
Number of s a m e , .................................................................................8,727
Date of examination by commissioner: September 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
586,992 20
180
FARM ERS’ AND
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
[Pub. D oc
R E P O R T O F TH E
H
o w e
,
Present number of corporators, 24.
President.
S.
G . D
G
a v e n p o r t
,
e o
. E .
C
u t l e r
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
G
eo
Jo
. E .
seph
C
u t l e r
W .
B
,
H .
u l l a r d
D .
,
F
S.
B
r id g e s
L.
Sa
E
,
n s l in
,
.
Open for business every business day, except Saturday, 8
Saturday, 8 a . m . to 12 m .
B a la n c e Sh e e t O ctober
a
.m .
to 12
m
.
; 2 to 4
p
.m . ;
31, 1893.
L iabilities .
A ssets.
Bank stock as per schedule,
Loan on bank stock, .
Loan on railroad bonds,
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,
Deposit in bank, on interest,
Insurance account,
Furniture account,
Cash on hand,
.
.
.
.
w y e r
r a n k l in
$32,218
800
100
2.000
333,221
138,047
00
00
00
00
40
00
25,000
1,765
7,457
75
1,040
573
00
00
75
00
00
38
$519,718
8,550
13,617
411
Deposits, .
Guaranty fund,
Interest account,
Cemetery fund,
$542,297 53
41
00
16
96
$542,297 53
Cash on Deposit in Bank : —
Framingham National Bank, South F r a m i n g h a m ,.................................... $7,457 75
Loan on Bank Stock :—
On 8 shares Framingham National Bank, South Framingham, .
.
.
$800 00
Loan on Railroad Bonds : —
On $100 Maine Central R .R. b o n d , ............................................................... $100 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS
181
Farmers’ and. Mechanics’ Savings Bank — Concluded.
No. of
Shares.
Detailed Statement of Bank Stocks.
Par Value.
21
16
10
40
10
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Market National Bank, Boston,
National Revere Bank, Boston,
6
Shawmut Nat’l Bank, Boston,
9 Second National Bank, Boston,
5 First National Bank, Chelsea,.
174 Holliston N’l Bank, Holliston,
100 Framingham National Bank,
South Framingham,
9 Nortliborough National Bank,
Northborough,
10 First N’l Bank, West Newton,
$2,100
1,600
1,000
4,000
1,000
600
900
500
1,733
00
00
00
00
00
00
00
00
33
Estimated
Amount
Market Value.
Invested.
$2,693
1,888
1,000
3,600
1,000
672
1,629
500
2,080
25
00
00
00
00
00
00
00
00
$2,525
2,084
950
3,908
1,252
724
1,358
650
2,232
25
00
00
25
50
50
25
00
25
10,000 00
12,500 00
14,399 00
900 00
1,000 00
1,125 00
952 50
1,134 00
1,000 00
$25,333 33
$29,639 75
$32,218 00
Total Amount o f Loans, unth Each Specified Bate o f Interest.
Amount.
$7,457 75
11,000 00
Rate.
4
per cent.
“
Amount.
Rate.
Amount.
Rate.
$259,180 00
43,000 00
5 per cent.
5i
“
$183,753 40
2,000 00
6 per cent.
7
Value, by books, of real estate held or owned 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, 215
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 167
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, 1893.....................................................................................
Times for the dividends fixed by the by-laws: first Tuesday in April and
October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ............................................. i 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 273
Number of accounts closed during the year ending Oct. 31, 1893,
. 203
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,926
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes)...........................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e ,................................................................................. 1,665
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , .................................................................................1,410
Date of examination by commissioner: February 3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$
2,000 00
2,500 00
235,083 40
7,300 00
26,306 52
9,553 01
9,882 01
1,863 20
114,984 24
117,800 48
182
[Pub. D oc.
R E P O R T O F TH E
F IT C H B U R G S A V IN G S B A N K — F IT C H B U R G .
Incorporated Feb. 12,1846.
C
h a r l e s
E .
W
a r e
E
,
Present number of corporators, 49.
President.
b e n e ze r
B
,
a il e y
C h a r l e s J. B i l l i n
Clerk o f the Corporation.
g s
Treasurer.
,
Names of committee charged with the investment of its funds :
R
o d n e y
W
R
e u b e n
R.
a l l a c e
C
o n n
C
,
C
,
h a r l e s
H
a r m i
M .
P
e n r y
a r k e r
W
M
a r e
o r se
,
,
.
Open for business every business day, except Saturday, 9
9 a . m . to 2 P .M .
B a l a n c e Sh e e t O cto b er
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,
Railroad notes, .
.
.
.
Real estate (for banking purposes)..........................................
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,
Cash on hand.................................
E .
G.
a
.m .
to 3
p
.m .
; Saturday,
31, 1893.
L iabilities .
$210,597
205,896
27,188
191,900
1,000
50,000
50
00
00
00
00
00
130,000
10,200
1,096,450
964,100
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
$2,830,933 65
112.300 00
62,675 96
25,000 00
91,877 60
1,700 51
$3,005,909 61
$3,005,909 61
Cash on Deposit in Bank : —
Fitchburg National Bank, Fitchburg,
.
.
.
.
.
$91,877 60
Loans on Bank Stock, amount on each: —
On 20
On 40
On 50
On 15
On 80
shares Fitchburg National Bank, Fitchburg,
shares Fitchburg National Bank, Fitchburg,
shares Rollstone National Bank, Fitchburg,
shares Safety Fund National Bank, Fitchburg, .
shares Safety Fund National Bank, Fitchburg, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,000
4,000
5,000
1,000
4,200
00
00
00
00
00
No. 8 .]
183
SA Y IN G S B A N K CO M M ISSION ERS
Fitchburg Savings Bank — Continued.
On 112 shares Safety Fund National Bank, Fitchburg,
.
.
.
.
On 5 shares Naumkeag National Bank, S a l e m ,.............................................?
On 5 shares First National Bank, Salem..............................................................>
$10,000 00
ggg qo
Loan on Railroad Bonds: —
On $1,000 Eastern R.R. bond,
.
.
.
............................................. $1,000 00
Detailed Statement o f Public Funds.
Par Value.
City of Fitchburg, M ass.,3is,.
of Fitchburg, Mass., 4s, .
of Keene, N. H., 3Js,
of New Bedford, Mass., 4s,
of Norwich, Conn., 7s,
of Portland, Me., 6s,
Town of Leominster, Mass , 4s,
of Turner’s Falls, Mass., 4s, .
United States 4s,
. . .
$15,000
56,000
12,000
25,000
17,000
5,000
20,000
30,000
30,000
$210,000
Estimated
Market Value.
$14,550
56,000
11,280
25,000
20,910
5,900
20,000
29,700
33,300
00
00
00
00
00
00
00
00
00
Amount Invested.
$15,000
56,000
12,000
25,000
17,935
4,662
20,000
30,000
30,000
00
00
00
00
00
50
00
00
00
$216,640 00 $210,597 50
No. of
Shares.
Detailed Statement o f Bank Stocks.
133
150
166
200
116
100
150
66
113
170
153
100
100
133
5
100
30
Par Value.
Boston National Bank, Boston,
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Merchants’ Nat’l B’k, Boston, .
North National Bank, Boston,
N’l Hide & Leather B’k, Boston,
National Revere Bank, Boston,
N’l B’k of No. America, Boston,
Rollstone Nat’l B’k, Fitchburg,
Safety Fund N’l B’k, Fitchburg,
Fitchburg Nat’l B’k,Fitchburg,
Citizens’ N’l B’k, New Bedford,
National Bank of Commerce,
New Bedford,
Crocker N’l B’k, Turner’s Falls,
Townsend N’l B’k, Townsend,
City Nat’l Bank, Worcester, .
Quinsigamond National Bank,
Worcester, .
.
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$13,300
15,000
16,600
20,000
11,600
10,000
15,000
6,600
11,300
17,000
15,300
10,000
$12,302
14,850
14,940
28,600
12,644
10,550
15,000
6,946
16,724
18,700
22,338
13,000
50
00
00
00
00
00
00
50
00
00
00
00
$13,300
15,000
16,600
20,000
11,600
11,600
15,000
6,600
18,050
16,736
12,210
10,000
00
00
00
00
00
00
00
00
00
00
00
00
10,000
13,300
500
10,000
7,725
13,960
560
14,000
00
00
00
00
12,400
13,300
500
10,000
00
00
00
00
3,000
3,750 00
3,000 00
$198,500
$226,590 00
$205,896 00
184
R E P O R T O F TH E
[Pub. D oc.
Fitchburg Savings Bank — Concluded.
Detailed Statement o f Bailroad Bonds.
Par Value.
Fitchburg R.R. 4s, .
Fitchburg R.R. 4Js, .
.
.
.
Fitchburg R.R. 5s, .
Vermont & Massachusetts R.R. o s ,.
$60,000
45.000
69.000
16.000
$190,000
Estimated
Market Value.
$58,200
45,000
70,780
16,800
Amount Invested.
00
00
00
00
$190,780 00
$60,000
45,000
70,500
16,400
00
00
00
00
$191,900 00
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$66,877
107,200
14.000
47.000
60
00
00
00
Kate.
Amount.
Kate.
Amount.
2i per cent.
$973,838 00
75,000 00
655,900 00
5 per cent.
$265,700 00
25,100 00
25,000 00
4i
4|
4|
“
“
“
5|
5h
“
Amount invested in real estate for banking purposes,....................................
Estimated value of the same,
.
.
.
.
.
.
.
.
.
Assessed value of the same, .
.
.
.
.
.
.
.
.
.
Net income received from same during year ending Oct. 31, 1893,
Value, by books, of other real estate held or owned by foreclosure or
o th e r w is e ,...................................................................................................
Assessed value of the same, .
.
.
.
.
.
.
.
.
.
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 344
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real estate...................................................... 417
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the 1 2 percent., f
year ending Oct. 31, 1 8 9 3 ,......................................................J 2 percent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 879
Number of accounts closed during the year ending Oct. 31, 1893,
. 834
Total number of open accounts Oct. 31, 1893,
.
.
.
.
6,493
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of t a x e s ) , ...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893..............................................................................................
Number of same,
........................................................................4,001
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893...................................................................................................
Number of s a m e ,................................................................................. 3,948
Date of examination by commissioner: May 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
6 per cent.
“
7
6J
$130,000 00
130.000 00
120.000 00
2,699 24
10,200 00
10,150 00
352 45
511,500 00
152,505 89
54,088 07
55,611 86
6,184 26
405,233 72
465,950 83
No. 8 .]
185
S A Y IN G S B A N K CO M M ISSION ERS.
F LO R E N C E S A V IN G S B A N K — FLO R E N C E .
Incorporated Feb. 14, 1873.
Present number of corporators, 39.
S amuel P o r te r , President.
M. E. Gould , Treasurer.
M. E . G ould , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Sam uel P o rter ,
H. F. Cu tle r ,
L. F. P lim pton ,
W . L. W ilcox ,
G eorge S. G r a v e s .
Open for business every business day, 10
a .m
B a l a n c e S h e e t O c t o b e r 31,
1893.
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 on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Premium account,
Furniture and fixtures,
Cash on hand,
.
.
.
.
. to 2 p . m .
$35,000 00
24.000 00
30.000 00
4,724
1,545
90,197
73,351
75
22,559
60
3,631
479
472
Deposits, .
Guaranty fund,
Interest account,
$272,375 46
13,427 98
293 27
92
00
65
50
00
23
10
50
49
32
$286,096 71
$286,096 71
Cash on Deposit in Banks, amount in each: —
First National Bank, N o r t h a m p to n ,............................................................... $5,270 00
Hampshire County National Bank, N o r t h a m p to n ,....................................
17,289 23
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
186
R E P O R T O F TH E
[Pub. D oc.
Florence Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Abington, Mass., 4s, .
of Braintree, Mass., 4s,
of Orange, Mass., 4s,
City of Lynn, Mass., 4s, .
$8,000
15,000
5.000
7.000
$35,000
Estimated
Market Value.
$8,000
15,000
5.000
7.000
00
00
00
00
$35,000 00
Amount Invested.
$8,000
15,000
5.000
7.000
00
00
00
00
$35,000 00
Ko. of
Shares.
Detailed Statement o f Bank Stocks.
85
70
68
17
Home Nat’l Bank, Holyoke, .
Hampshire County N’l Bank,
Northampton,
First Nat’l B’k, Northampton,
Agawam N’l B’k, Springfield,
Par Value.
Estimated
Market Value.
$8,500
$9,775 00
$8,500 00
7,000
6,800
1,700
8,400 00
7,820 00
1,700 00
7,000 00
6,800 00
1,700 00
$24,000
$27,695 00
$24,000 00
Amount Invested.
Detailed Statement o f Bailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Providence R.R. 4s, .
Concord & Montreal R.R. 4s, .
New Bedford R.R. 7s,
Old Colony R.R. 6s,
. . .
Vermont & Massachusetts R.R. 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
10,000
12,000
1,000
1,000
1,000
$30,000
Estimated
Market Value.
$4,950
10,000
11,760
1,000
1,060
1,057
00
00
00
00
00
50
$29,827 50
Amount Invested.
$5,000
10,000
12,000
1,000
1,000
1,000
00
00
00
00
00
00
$30,000 00
No. 8 .]
187
SA Y IN G S B A N K CO M M ISSION ERS.
Florence Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$7,300 00
22,559 23
Rate.
0 per cent.
4
“
Amount.
$107,840 15
Rate.
5 per cent.
Rate.
Amount.
$48,484 00
6 per cent.
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, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise,
....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 122
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real estate....................................................... 107
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: second Tuesday in April
and October.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1893.............................................................. 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 203
Number of accounts closed during the year ending Oct. 31, 1893,
. 228
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,258
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of ta xes),...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,..................................................................................................
Number of s a m e , ................................................................................ 1,526
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893...............................................................
Number of same...................................................
Date of examination by commissioner: April 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,724
5.000
3.000
268
92
00
00
78
1,545 00
1.000 00
110 16
82,999 15
7,300 00
13,245 79
5,306 40
5,230 01
1,533 83
49,516 52
64,009 89
188
R E P O R T O F TH E
[Pub. D oc
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 April 18, 1855.
Present number of corporators, 32.
C harles W . H odges , President.
E l i P h e lps , Treasurer.
E d w a r d M . P h e lps , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
C harles W . H odges ,
F . E . H artsh o rn ,
R ic h a r d S. Ca r p e n t e r ,
A. H. M essin g er ,
W il l ia m H. Y oung .
Open for business every business day, 9 a . m . to 5 p .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
(notes)..........................................
Loans on depositors’ books,
Deposit in bank, on interest,
Deposit in bank, not on interest,
Cash on hand,
.
.
.
.
31, 1893.
L ia b il it ie s .
$31,500
49,050
45,700
4.000
86,285
3,010
00
00
00
00
00
00
2.000
50
2,631
91
1,901
00
00
04
76
76
$226,219 56
Deposits, .
Guaranty fund,
Undivided earnings,
$213,490 55
7,800 00
4,929 01
$226,219 56
Cash on Deposit in Banks, amount in each : —
Winthrop National Bank, B o s t o n , ............................................................... $2,631 04
Boston Safe Deposit and Trust Company, B o s t o n , ....................................
91 76
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS
189
Foxborough. Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of East Saginaw, Mich., 5s,
of Fall River, Mass., 6s, .
of Keene, N. H., 4s, .
of Keene, N. H , 5s, .
of Lynn, Mass., 5s, .
South Norwalk, Conn., 6s,
Town of Winthrop, Mass., 5 s ,.
City of Holyoke, Mass., 4s,
$5,000
2,000
2,000
2,500
9,000
5,000
1,000
5,000
$31,500
Estimated
Market Value.
$5,150
2,100
2,000
2,600
9,810
5,100
1,080
5,000
00
00
00
00
00
00
00
00
$32,840 00
Amount Invested.
$5,000
2,000
2,000
2,500
9,000
5,000
1,000
5,000
00
00
00
00
00
00
00
00
$31,500 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
Blackstone N’l Bank, Boston,.
Boylston Nat’l Bank, Boston, .
Continental Nat‘1 B’k, Boston,
Everett Nat’l Bank, Boston, .
Faneuil Nall N’l Bank, Boston,
Market National Bank, Boston,
Metropolitan Nat’l B’k, Boston,
N’l B’k of No. America, Boston,
National City Bank, Boston, .
National Eagle Bank, Boston,
Nat'l Hide & Leather Bank,
Boston,...................................
15 Nat’l Webster Bank, Boston, .
14 Old Boston N’l Bank, Boston,
35 Shoe & Leather N’l B’k, Boston,
10 Suffolk National Bank, Boston,
40 Third National Bank, Boston, .
18 Winthrop Nat’l Bank, Boston,
15 Boston National Bank, Boston,
25 Tremont Nat’l Bank, Boston, .
36 Dedham Nat’l Bank, Dedham,
5 National Bank of Wrentham,
Wrentham, .
.
8 State Street Safe Deposit and
Trust Company, Boston,
35
22
12
20
8
29
38
14
10
43
40
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$3,500
2,200
1,200
2,000
800
2,900
3,800
1,400
1,000
4,300
$3,158
2,750
1,380
1,800
936
2,682
3,648
1,505
840
3,655
75
00
00
00
00
50
00
00
00
00
$3,500
2,200
1,200
2,000
800
2,900
3,800
1,400
1,000
4,300
00
00
00
00
00
00
00
00
00
00
4,000
1,500
1,400
3,500
1,000
4,000
1,800
1,500
2,500
3,600
4,240
1,368
1,349
3,150
965
3,480
2,088
1,395
2,350
3,420
00
75
00
00
00
00
00
00
00
00
4,000
1,500
1,400
3,500
1,000
4,000
1,800
1,500
2,500
3,600
00
00
00
00
00
00
00
00
00
00
350
400 00
350 00
800
800 00
800 00
$49,050
$47,361 00
$49,050 00
190
R E P O R T O F TH E
[Pub. D oc.
Foxborough Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston, Clinton, Fitchburg & New
Bedford R.R. os, .
Boston & Lowell R.R. 4 s,.
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4|s, .
Old Colony R.R. 6s,
. . .
Salem & Lowell R.R. 6s,.
Vermont & Massachusetts R.R. 5 s,.
Upper Coos R.R. 4s,
. . .
$2,000
11,000
5.000
5.000
7.000
5.000
700
5.000
5.000
$45,700
Estimated
Market Value.
$2,160
10,860
4,850
5.250
7,000
5,175
749
5.250
4,750
Amount Invested.
00
00
00
00
00
00
00
00
00
$46,044 00
$2,000
11,000
5.000
5.000
7.000
5.000
700
5.000
5.000
00
00
00
00
00
00
00
00
00
$45,700 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$2,631 04
2,000 00
Rate.
2£ per cent.
4
“
Amount.
$89,295 00
Rate.
6 per cent.
Amount.
$50 00
Value, by books, of real estate held or owned 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, . 99
Aggregate amount of the same.............................................................
Total number of loans upon real e s t a t e , ............................................. 97
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,........................................................................
Rate.
7 per cent.
$4,000 00
3,500 00
75,245 00
11,263 73
Times for the dividends fixed by the by-laws: Wednesday after first Mon
day in June and December.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1893........................................................... J 2 per cent.' I
Number of accounts opened during the year ending Oct. 31, 1893,
126
Number of accounts closed during the year ending Oct. 31, 1893,
. 103
Total number of open accounts Oct. 31, 1893.....................................
1 013
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
........................................................................
3,895 11
4,041 27
580 41
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , .................................................................................
Number of s a m e , ...............................................................................................
43,583 91
Amount of withdrawals, including dividends, during the year ending Oct
31, 1893...................................................................................................®
Number of same............................................................................................... .....
Date of examination by commissioner: January 10.
45,898 48
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
191
SA Y IN G S B A N K COM M ISSION ERS
F R A M IN G H A M S A V IN G S B A N K — SOUTH F R A M IN G H A M .
Incorporated March 11, 1846.
Present number of corporators, 46.
F r a n k l in E . G r e g o r y , President.
F r a n k F. M o r r i l l , Treasurer.
F r a n k F. M o r r i l l , 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 ,
A d r ia n F o o t e ,
F r a n c is C. S t e a r n s ,
S a m u e l B. B i r d ,
J . H e n r y R o b in s o n ,
E dw ard F . K endall.
Open for business every business day, except Saturday, 9 a . m . to 3
9
B alance
a .m .
Sh e e t
p .m .
; Saturday,
to 12 M.
O ctober
31,1893.
Liabilities .
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, .
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, .
Interest account,
Furniture and fixtures,
Premium account,
Trustees C. C. Estey,*
Commonwealth Ave. Land Co.,*
Cash on hand, .
.
.
.
$181,500
151,200
1,800
88,000
15.000
36,374
511,808
150,072
00
00
00
00
00
98
04
80
28.000
2,175
21,479
6,699
434
74,030
6,631
5,769
491
00
00
32
62
10
23
65
00
73
Deposits, .
Guaranty fund,
Undivided earnings,
$1,281,466 47
$1,259,585 06
12,655 55
9,225 86
$1,281,466 47
* Taken to secure indebtedness.
Cash on Deposit in Banks, amount in each : —
Framingham National Bank, South F r a m i n g h a m ,.................................... $17,936 81
International Trust Company, Boston..................................................................
3,542 51
Loans on Bank Stock, amount on each : —
On 6 shares Waltham National Bank, W a l t h a m , ............................................... $600 00
On 3 shares Framingham National Bank, South Framingham, . . .
300 00
On 9 shares Framingham National Bank, South Framingham, . . .
900 00
Loan on Railroad Bonds : —
On $16,000 Boston & Maine R .R. 4 s , ............................................................... $15,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. D oc
R E P O R T O F TH E
192
Framingham Savings Bank — Continued.
Detailed Statement o f Puolic Funds.
Par Value.
City of Boston, Mass., 4s,
of Keene, N. IL, 4 s ,.
of Lewiston, Me., 5s,
of Lowell, Mass., 4s,
of Norwalk, Conn., 4s,
of Portsmouth, N. H., 4s,
of Providence, R. I., 4|s, .
of Providence, R. 1 , 5s, .
Town of Marlborough, Mass., 4s,
of Spencer, Mass., 4s, .
City of Rockport, 111., 5s,
.
$20,000
23,000
9,000
20,000
30,000
2,000
5,000
25,000
20,000
20,000
7,500
Estimated
Market Value.
$20,100
23,115
9,585
20,100
30,300
2,000
5,200
26,875
20,200
20,200
7,609
00
00
00
00
00
00
00
00
00
00
23
Amount Invested.
$20,000
23,000
9,000
20,000
30,000
2,000
5,000
25,000
20,000
20,000
7,500
00
00
00
00
00
00
00
00
00
00
00
$181,500 $185,284 23 $181,500 00
No. o f
Shares.
Detailed Statement o f Bank Stocks.
6 Atlas National Bank, Boston, .
19 Blackstone Nat’l Bank, Boston,
33 Boston Nat’l Bank, Boston,
119 Nat’l B’k of Commerce, Boston,
100 Continental N’l Bank, Boston,
155 Eliot National Bank, Boston, .
165 First National Bank, Boston, .
136 Howard Nat’l Bank, Boston, .
180 N’l Hide & Leather B’k,Boston,
85 Mt Vernon Nat’l Bank, Boston,
10 Nat’l Bank of North America,
Boston,..................................
90 Nat’l Bank of the Republic,
Boston,
.
.
.
.
50 Shoe & Leather N’ l B’k, Boston,
30 Second National Bank, Boston,
65 Nat’l Webster Bank, Boston, .
100 Central Nat’l Bank, Boston, .
92 Merchants’ Nat’l Bank, Port
land, Me., .
.
.
.
100 Framingham National Bank,
South Framingham,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$600
1,900
3,300
11,900
10,000
15,500
16,500
13,600
18,000
8,500
1,000
9,000
5,000
3,000
6,500
10,000
Estimated
Market Value.
$732
1,900
3,795
15,827
13,000
20,150
41,250
15,232
23,040
11,900
00
00
00
00
00
00
00
00
00
00
1,235 00
14,850
4,750
5,700
6,760
14,400
00
00
00
00
00
Amount Invested.
$600
1,900
3,300
11,900
10,000
15,500
16,500
13,600
18,000
8,500
00
00
00
00
00
00
00
00
00
00
1,000 00
9,000
5,000
3,000
6,500
10,000
00
00
00
00
00
6,900
11,040 00
6,900 00
10,000
14,200 00
10,000 00
$151,200
$219,761 00 $151,200 00
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
193
Framingham Savings B ank— Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 7s,
Fitchburg R.R 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .
Newport & Richford R.R. 5s, .
Salem & Lowell R.R. 6s,
Estimated
Market Value.
$3,000
25.000
20.000
15.000
20.000
5,000
$88,000
$3,135
23.500
20.500
16,050
21,000
5,500
Amount Invested.
00
00
00
00
00
00
$89,685 00
$3,000
25.000
20.000
15.000
20.000
5,000
00
00
00
00
00*
00
$88,000 00
* A legal investment when made.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Kate.
$21,479 32
15.000 00
25.000 00
2iJ per cent.
4
4i
“
Amount.
$91,960 00
25,000 00
Rate.
5 per cent.
51
«
$20,000 00
531,895 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 274
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ..............................................298
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, 1893.....................................................................................
Times for the dividends fixed by the by-laws: first Saturday in May and
November.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,.............................................J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
421
Number of accounts closed during the year ending Oct. 31, 1893,
. 430
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,447
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct 31, 1893,...................................................................................................
Number of s a m e , .................................................................................1,671
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
Number of the s a m e , ........................................................................ 2,021
Date of examination by commissioner: May 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
Amount.
5£ per cent.
6
«
$36,374 98
35,574 00
472 36
216,446 75
20,374 75
62,908 87
24,645 31
23,840 60
4,118 54
130,125 33
223,438 04
[Pub. D oc
R E P O R T O F TH E
194
F R A N K L IN S A V IN G S B A N K — BOSTON.
Incorporated March 15, 1861.
Present number of corporators, 91.
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 r g e A . F is 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 ,
M a r t in L . B r a d f o r d ,
D. R. E m e r s o n ,
Open for business every business day, 9
Balance
Sh eet
Ja m e s A . J a c o b s,
A rth u r H obart,
Jam es E . W h it n e y .
a .m .
p .m .
October
; and Saturday, 3 to 5 p .m .
31, 1893.
L iabilities .
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 (for banking pur
poses),
....................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes), ....................................
Deposits in banks, on interest, .
Expense account,
Suspense account,
Real estate income account,
Cash on hand,
.
.
.
.
to 2
$ 688,000
364,573
92,100
367.000
25,000
00
62
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$8,228,584 94
242,000 00
95,000 89
37,456 94
221,614 42
4,326,488 46
1,898,525 00
105.000
488,085
5,451
836
1,826
18,540
00
80
53
82
35
77
$8,603,042 77
$8,603,042 77
Cash on Deposit in Banks, amount in each: —
Boylston National Bank, Boston, .
North National Bank, Boston,
Continental National Bank, Boston,
National Revere Bank, Boston,
Third National Bank, Springfield,.
Pynchon National Bank, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$171,010
100,011
64,600
77,433
25.000
50.000
42
16
60
62
00
00
No. 8 .]
195
SA Y IN G S B A N K CO M M ISSION ERS
Franklin Savings Bank — Continued.
Loans on Bank Stock, amount on each: —
On 425 shares Broadway National Bank, Boston,
.
.
.
.
.
$42,500 00
On 125 shares Broadway National Bank, B o s t o n , .................................... I
On 140 shares Fourth National Bank, B o s t o n , ............................................. J
On 235 shares Fourth National Bank, B o s t o n , .............................................
On 11 shares Boylston National Bank, B o s t o n ,.............................................
On 9 shares Continental National Bank, Boston,.............................................
On 7 shares Atlantic National Bank, B o s t o n , .............................................
25 000 00
’
22,000 00
1,000 00
900 00
700 00
Loan on Railroad Stock : —
On 250 shares Boston & Maine R .R ..............................................................................
00
Detailed ¡Statement o f Public Funds.
Par Value.
City of Boston, Mass., 3Js,
of Boston, Mass., 4s,
of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Cambridge, Mass.* 6s,
of Chicago, 111., 4s, .
of Cleveland, Ohio, 4s,
of Columbus, Ohio, 4s,
of Fall River, Mass., 6s,
of Newton, Mass., 4s,
of Providence, R. I., 5s,
of Somerville, Mass., 5s,
of Spencer, Mass., 4s,
of Springfield, Mass., 7s,
District of Columbia 6s, .
of Columbia 7s, .
$100,000
200,000
3,000
2,000
1,000
50,000
20,000
40,000
4,000
43,000
6,000
25,000
80,000
10,000
96,000
8,000
Estimated
Market Value.
$95,000
201,500
3,280
2,300
1,170
48,500
20,000
38,800
4,760
43,000
6,400
25,250
80,000
12,200
109,400
9,470
Amount Invested,
00 $100,000 00
200,000 00
00
3,000 00
00
2,000 00
00
1,000 00
00
50,000 00
00
20,000 00
00
40,000 00*
00
4,000 00
00
00
43,000 00
6,000 00
00
00
25,000 00
00
80,000 00
00
10,000 00
00
96,000 00
00
8,000 00
$688,000 $701,030 00 $688,000 00
* A legal investment when made.
No. of
Shares.
Detailed Statement o f Bank Stocks.
200
41
57
200
235
200
60
201
Par Value.
Atlas National Bank, Boston,.
Atlantic Nat’l Bank, Boston,.
Boylston Nat’l Bank, Boston, .
Blackstone N’l Bank, Boston,.
Continental N’l Bank, Boston,
National City Bank, Boston, .
N’l B’k of Commerce, Boston,
Nat’l Exchange Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
4,100
5,700
20,000
23,500
20,000
¡6,000
20,100
Estimated
Market Value.
$23,050
4,940
6,982
18,050
27,016
17,000
7,080
23,718
00
50
50
00
25
00
00
00
Amount Invested.
$20,000
4,100
5,700
20,000
23,500
20,000
6,000
20,100
00
00
00
00
00
00
00
00
196
REPORT OF THE
[Pub. D oc.
Franklin Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
205
81
22
156
106
135
172
200
200
200
200
130
129
55
20
209
84
50
100
Par Value.
Columbian N’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Eliot National Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Fourth Nat’l Bank, Boston,
First Ward N’l Bank, Boston,.
North National Bank, Boston, .
N’l B’k of No. America, Boston,
Old Boston N’l Bank, Boston,
Nat’l Revere Bank, Boston, .
Shoe & Leather N’l B’k, Boston,
State National Bank, Boston, .
Suffolk Nat’l Bank, Boston,
Second National Bank, Boston,
Nat’l Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Naumkeag Nat’l Bank, Salem,
Third Nat’l Bank, Springfield,
Massachusetts Loan and Trust
Company, Boston,
Estimated
Market Value.
$20,500
8,100
2,200
15,600
10,600
13,500
17,200
20,000
20,000
20,000
20,000
13,000
12,900
5,500
2,000
20,900
8,400
5,000
$20,500
7,128
2,541
14,820
12,455
17,212
18,748
21,050
19,800
20,000
18,000
13,308
12,448
9,955
2,580
18,810
10,080
10,000
00
00
00
00
00
50
00
00
00
00
00
75
50
00
00
00
00
00
10,000
11,500
00
$364,800
Amount Invested.
$20,500
7,873
2,200
15,600
10,600
13,500
17,200
20,000
20,000
20,000
20,000
13,000
12,900
5,500
2,000
20,900
8,400
5,000
00
62
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
10,000 00
$388,774 00 $364,573 62
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Eastern B,.R. 6s,
. . .
Fitchburg R.R. 5s, .
N. Y. & N. E. R.R. (terminal) 4s, .
Old Colony R.R. 6s,.
$50,000
100,000
50.000
114,000
50.000
3,000
$367,000
Estimated
Market Value.
$49,000
98.000
58,500
117,420
50.000
3,150
00
00
00
00
00
00
$376,070 00
Amount Invested.
$50,000
100,000
50.000
114,000
50.000
3,000
00
00
00
00
00
00
$367,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$413,085
157,000
50,000
854,200
Kate.
80
00
00
00
3 per cent.
4
“
4i
»
4à
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
Amount.
$155,000
3,695,838
159,500
654,750
00
46
00
00
Kate.
Amount.
Rate.
4| per cent.
5
$624,325 00
8,000 00
163,500 00
6 per cent.
6h
“
7
5i
“
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
197
Franklin Savings Bank — Concluded.
Amount invested in real estate for banking purposes,.................................... $221,614 42
221,614 42
Estimated value of the s a m e , .........................................................................
148,200 00
Assessed value of the s a m e ,.................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 414
775,712 46
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 752
Gross amount of interest or profits received or earned, as per books, during
397,599 78
year ending Oct. 31, 1 8 9 3 , .................................................................................
Times for the dividends fixed by the by-laws : February 1 and August 1.
Rate and amount of each semi-annual dividend during the i 2 per cent., r 149,670 53
156,057 92
year ending Oct. 31, 1 8 9 3 ,...................................................... j 2 per cent., {
Number of accounts opened during the year ending Oct. 31, 1893,
2,719
Number of accounts closed during the year ending Oct. 31, 1893,
1,862
Total number of open accounts Oct. 31, 1893,
.
.
.
.
17,040
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
25,174 03
clusive of taxes), ...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.......................................................................................... 1,651,552 94
Number of s a m e , .................................................................................13,855
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893..................................................................................................................... 1,589,786 06
Number of s a m e , .................................................................................11,450
Date of examination by commissioner: April 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
198
R E P O R T O F TH E
[Pub, D oc
F R A N K L IN S A V IN G S I N S T I T U T I O N -G R E E N F I E L D .
Incorporated April 2, 1834.
W
il l ia m
H .
A
l l e n
,
Treasurer.
F
Present number of corporators, 21.
I i.
r a n k l in
A
l l e n
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J
o se p h
Jo
se p h
W .
G
S
t e v e n s
r is w o l d
,
,
Open for business every business day, 9
a
H
e n r y
L
u c ie s
.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,
Loans to counties, cities or
towns (notes),
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Unpaid interest, .
.
.
.
Cash on hand, .
.
.
.
F . N
a s h
N
.
to 12.30
im s
p
. m .,
,
2 to 4
p
.m .
31, 1893.
Liabilities .
$1,242,407
1,700
68,600
30,600
361,500
25,000
57
740,135
903,178
80
00
00
00
00
00
80
95
00
91,750
3,539
216,506
2,442
288
8,258
00
00
78
16
30
36
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$3,695,964 15
$3,443,918 42
194,000 00
44,684 94
13,360 79
$3,695,964 15
Cash on Deposit in Banks, amount in each : —
First National Bank, Greenfield,........................................................................ $83,516 24
National Hide and Leather Bank, B o s t o n ,......................................................
132,990 54
Loan on Public Funds: —
On $2,000 City of Holyoke, Mass., 6 s , ...................................................... .........
Loans on Bank Stock, amount
$1,700 00
on each : —
On 5 shares First National Bank,G r e e n f i e l d ,.......................................................... $500 00
On 5 shares First National Bank,G r e e n f i e l d ,...............................................
500 00
On 2 shares First National Bank,G r e e n f i e l d ,...............................................
200 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
199
Franklin Savings Institution — Continued.
$2,300 00
4.000 00
On 23 shares First National Bank, Greenfield,
.
On 50 shares Franklin County National Bank, Greenfield .
On 98 shares Hampshire County National Bank, Northampton,
On 26 shares First National Bank, Northampton,
On 10 shares City National Bank, Worcester,
.
On 22 shares Shelburne Falls National Bank, Shelburne Falls, .
On 50 shares Adams National Bank, North Adams, .
On 25 shares First National Bank, Northampton,
12,400 00
1.000 00
2,200 00
5,000 00
2,500 00
Detailed Statement of Public Funds.
Estimated
Par Value.
Amount Invested.
Market Value.
Town of Brattieborough, Vt., 4s,
$21,000 00
of Brookline, Mass., 7s,
42,000 00
of Chatham, Mass., 4|s,
5,000 00
of Chesterfield, N. H , 4s, .
4,000 00
of Chicopee Falls, Mass., 4s,
2,000 00
of Chicopee Falls, Mass., 4|-s,
2,000 00
of Greenfield, Mass., 4s,
47,200 00
of Greenfield, Mass., 4^s, .
21,875 00
of Hinsdale, N. H., 4s,
2,500 00
o f Marblehead, Mass., 4s, .
38,500 00
City of Boston, Mass., 5s,
30,000 00
of Boston, Mass., 6s,
38,000 00
of Brockton, Mass., 5s,.
28,000 00
of Cambridge, Mass., 6s,
19,000 00
of Chicago, 111., 4s,
25,000 00
50,000 00
of Dayton, Ohio, 5s,
5,000 00
of Dayton, Ohio, 6s,
of Detroit, Mich., 4s, .
25,000 00
of Fall River, Mass., 4s,
50,000 00
of Fall River, Mass., 5s,
4,000 00
21,000 00
of Fall River, Mass., 6s,
50,000 00
of Grand Rapids, Mich., 5s, .
of Holyoke, Mass , 6s, .
46,000 00
30,000 00
of Lawrence, Mass., 6s,
of Lynn, Mass., 4s,
10,000 00
10,000 00
of Lynn, Mass., 6s,
35,000 00
of Malden, Mass., 6s, .
100,000 00
of Milwaukee, Wis., 5s,
75,000 00
of Nashua, N. IL, 6s, .
25,000 00
of Peoria, 111., 4is,
25,000 00
of Providence, R. I., 5s,
100,000 00
of Providence, R. L, 6s,
25,000 00
of East Saginaw, Mich., 4s, .
25,000 00
of East Saginaw, Mich., 5s, .
4,000 00
of Springfield, Mass., 6s,
30,000 00
of Springfield, Mass., 7s,
50,000 00
of Springfield, Ohio, 5s,
10,332 80
of Springfield, Ohio, 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$21,000
47,040
5,247
4,000
2,000
2,017
47,200
22,421
2,500
38,500
33,900
40,922
31,417
21,445
25,000
53,400
5,075
26,000
50,000
4,180
23,362
54,875
51,175
34,275
10,125
10,400
36,662
109,141
85,500
26,375
28,125
113,000
24,625
26,000
4,830
35,850
53,250
11,053
Legal investments when made.
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
80
$21,000
42,000
5,000
4,000
2,000
2,000
47,200
21,875
2,500
38,500
30,000
38,000
28,000
19,000
25,000
50,000
5,000
25,000
50,000
4,000
21,000
50,000
46,000
30,000
10,000
10,000
35,000
100,000
75,000
25,000
25,000
100,000
25,000
25,000
4,000
30,000
50,000
10,332
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
80
200
R E P O R T O F TH E
[Pub. D oc.
Franklin Savings Institution — Continued.
Detailed Statement o f Public Funds — Concluded.
Par Value.
City of
of
of
of
of
of
Taunton, Mass., 6s,
Worcester, Mass., 5s, .
Cleveland, Ohio, 5s, .
Hartford, Conn., 4s, .
Northampton, Mass., 4s,
Peoria, 111., 5s, .
$1,000
18,000
25.000
25.000
22.000
20,000
00
00
00
00
00
00
Estimated
Market Value.
$1,050
20,070
26,312
25,500
22,000
21,200
00
00
00
00
00
00
$1,242,407 80 $1,338,019 80
Amount Invested.
$1,000
18,000
25.000
25.000
22.000
20,000
00
00
00
00
00
00
$1,242,407 80
No. o f
Shares.
I
I
Detailed Statement o f Bank Stocks.
Par Value.
10 Adams Nat’l Bank, No. Adams,
153 N’l B’k of Commerce, Boston,
5 Faneuil Hall N’i Bank, Boston,
87 N’l B’k of No. America, Boston,
125 National Revere Bank, Boston,
102 Nat’l Webster Bank, Boston, .
100 First Nat’l Bank, Greenfield, ,
25 Franklin Co. National Bank,
Greenfield, .
49 First N’l Bank, Northampton,
30 Pittsfield N’l Bank, Pittsfield,.
$1,000
15,300
500
8,700
12,500
10,200
10,000
Estimated
Market Value.
$1,200
18,054
600
9,157
12,500
9,333
20,000
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
5,635 00
3,000 00
2,500 00
4,900 00
3,000 00
$68,600
$81,979 00
$68,600 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston <fe Lowell 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,
Conn. & Passumpsic Rivers R.R. 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$4,000
25.000
57,500
100,000
50.000
50.000
50.000
' 25,000
$4,080
26,000
66,700
98.000
50.000
52.000
53,500
25.000
$361,500
$375,280 00
00
00
00
00
00
00
00
00
Amount Invested.
$4,000
25.000
57,500
100,000
50.000
50.000
50.000
25.000
00
00
00
00
00
00
00
00
$361,500 00
No. 8 .]
201
SA Y IN G S B A N K CO M M ISSION ERS.
Franklin Savings Institution — Concluded.
Total Amount o f Loans, with Each Specified Bate o f Interest.
Rate.
Amount.
$10
163,960
63,000
4,000
64,550
00
12
00
00
00
0 per cent.
2i
“
4
“
H
“
4i
“
Rate.
Amount.
$75,000
80,000
1,144,620
75.000
76.000
00
00
95
00
00
4f per cent.
“
5
“
51
5\
4&
Amount.
$89,500
55,718
96,050
25,000
Rate.
00
66
00
00
Value, by books, of real estate held or owned 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,. 484
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 475
Amount o f investments from which no income is received, .
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., J
year ending Oct. 31, 1 8 9 3 , ............................................. •J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 669
Number of accounts closed during the year ending Oct. 31, 1893,
. 616
Total number of open accounts Oct. 31, 1893,
.
.
.
.
7,403
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of t a x e s ) , ..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .......................................................................................... 3,369
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , .................................... .......................................................................
Number of s a m e , .......................................................................................... 3,815
Date of examination by commissioner: June 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
5^ per cent.
6
7
7i
“
$57 80
200 00
437,044 21
67 80
179,099 26
66,417 08
68,189 92
6,152 46
346,987 89
423,246 68
202
R E P O R T O F TH E
[Pub. D oc.
G A R D N E R S A V IN G S B A N K — G A R D N E R .
Incorporated May 26, 1868.
C
h a b l e s
W.
C
o n a n t
V
,
Present number of corporators, 50.
President.
W .
o l n e y
H
o w e
,
J o h n D. E d g
Clerk o f the Corporation.
,
e l l
Treasurer.
Names of committee charged with the investment of its funds :
.
W.
C
h a s
R
o d e r ic
C
L.
o n a n t
B
e n t
Sa
,
W . A.
S.
,
E
m u e l
S.
G
z r a
l e a so n
O
Sh eet
October
,
,
.m .
to 3
p
.m .
; Saturday,
31, 1893.
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, .
Deposits in banks, not on interest,
Expense account,
Cash on hand, .
.
.
.
t e v e n s
.
Open for business every business day, except Saturday, 9 a
close a t 2 p . m .
Balance
S
sg o o d
L iabilities .
$56,100
110,500
14.000
98.000
532,479
414,308
00
00
00
00
11
58
91,800
53,162
28.000
1,143
4,893
00
97
00
05
55
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,404,387 26
$1,280,561 49
68,306 26
15,435 80
40,083 71
$1,404,387 26
Cash on Deposit in Banks, amount in each: —
Orange National Bank, O r a n g e ,.............................................
Westminster National Bank, Westminster...............................
First National Bank, G a r d n e r ,.............................................
First National Bank, B o s t o n , .............................................
.
$10,000
2,000
33,000
36,162
00
00
00
97
$4,000
800
200
1.500
7.500
00
00
00
00
00
Loans on Bank Stock, amount on each: —
On 62 shares First National Bank, Gardner,
On 8 shares First National Bank, Gardner, .
.
.
.
On 2 shares First National Bank, Gardner, .
.
.
.
On 38 shares First National Bank, Gardner,
On 103 shares Westminster National Bank, Westminster, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
203
Gardner Savings B a n k — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Cleveland, Ohio, 4s,
of Cleveland, Ohio, 6s,
Town of Gardner, Mass., 4s,
United States 4s,
. . .
.
Estimated
Market Value.
$10,000
5,000
40,000
1,100
$10,000
5,170
40,000
1,222
00
00
00
00
$56,100
$56,392 00
Amount Invested.
$10,000
5,000
40,000
1,100
00
00
00
00
$56,100 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
20
18
10
10
25
125
15
30
50
50
5
11
50
100
15
20
50
16
5
50
25
5
29
86
100
67
39
50
20
9
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 National Bank, Boston,
Continental N’l Bank, Boston,
Winthrop Nat’l Bank, Boston,
State National Bank, Boston, .
N’l Hide & Leather B’k, Boston,
New England N’l B’k, Boston,
National Eagle Bank, Boston,.
N’l B’k of the Republic, Boston,
National Bank of the Common
wealth, 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,
First National Bank, Barre, .
Rollstone N’l Bank, Fitchburg,
First National Bank, Gardner,
Orange Nat’i 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,
Leominster Nat’l Bank, Leo
minster,
.
.
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$2,000
1,800
1,000
1,000
2,500
12,500
1,500
3,000
5,000
5,000
500
1,100
5,000
$2,000
3,150
950
1,475
2,475
11,562
1,721
3,480
5,233
5,275
786
935
7,300
00
00
00
00
00
50
25
00
33
00
25
00
00
$2,000
1,800
1,000
1,000
2,500
12,500
1,500
3,000
5,000
5,000
500
1,100
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
10,000
1,500
2,000
5,000
1,600
500
5,000
2,500
500
2,900
8,600
10,000
6,700
3,900
5,000
2,000
12,825
1,800
2,860
4,512
1,888
440
5,775
2,250
500
4,350
10,750
15,000
8,040
5,850
5,000
2,600
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
10,000
1,500
2,000
5,000
1,600
500
5,000
2,500
500
2,900
8,600
10,000
6,700
3,900
5,000
2,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
900
900 00
900 00
$110,500
$131,683 83
$110,500 00
204
K E P O R T O F TH E
[Pub. D oc.
Gardner Savings B an k — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 7s, .
Boston, Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 6s, .
Old Colony R.R. 4 s ,.
Old Colony R.R. 4|s,
Old Colony R.R. 6s,.
Old Colony R.R. 7s,
. . .
Vermont & Massachusetts R.R. 5 s ,.
$5,000
10,000
3.000
5.000
18,000
25.000
5.000
10.000
5.000
5.000
6.000
1,000
$98,000
Estimated
Market Value.
$4,950
9,800
3,000
5.250
17,460
25.000
5.250
10.000
5,025
5,175
6,030
1,050
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
00
$97,990 00
$5,000
10,000
3.000
5.000
18,000
25.000
5.000
10.000
5.000
5.000
6.000
1,000
00
00
00
00
00
00
00
00
00
00
00
00
$98,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$36,162
5.000
85,800
5.000
Rate.
97
00
00
00
2J per cent.
3
4
“
4£
“
Rate.
Amount.
$785,329
25,000
25,022
108,976
11
00
08
50
5 per cent.
5i
“
5£
6
Amount.
$19,460 00
10,000 00
Number of loans which are of an amount not exceeding $3,000 each, 683
Aggregate amount of the same.......................................................................
Total number of loans upon real estate,
.
.
.
,
. ggy
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: Tuesday before first
Wednesday in January and July.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31,1893.................................................. J 2 per cent.',’ I
Number of accounts opened during the year ending Oct. 31, 1893,
535
Number of accounts closed during the year ending Oct. 31, 1893, .
459
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 4,054
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes)................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , .................................................................................
Number of s a m e ,.................................................................................
2 777
Amount of withdrawals, including dividends, during the year ending Oct.
31,1893.............................................................................................................
Number of s a m e ,.................................................................................
2 291
Date of examination by commissioner: April 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
7 per cent.
8
“
$486,454 04
72,900 90
23,893 12
24,651 47
4,513 09
205,357 96
221,742 30
No. 8 .]
205
S A Y IN G S B A N K CO M M ISSION ERS.
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 May 26, 1868.
J
o se p h
E.
B
a il e y
G
Present number of corporators, 60.
President.
,
e o r g e
S.
W
O
e st o n
,
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:
H
ir a m
N.
H
a r r im a n
O
,
l iv e r
S
S. B
h e r m a n
u t l e r
Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 12 m .
B a l a n c e Sh e e t O c t o b er
e l so n
,
a
.m .
to 12
m
.
; 2 to 3
p
.m
;
31, 1893.
L iabilities .
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
(notes), ....................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Expense account,
Cash on hand,
.
.
.
.
N
.
$10,000
14,800
10,000
25,000
5,700
413,256
128,890
00
00
00
00
00
40
35
9,500
620
24,837
2,000
22
791
00
00
09
00
00
94
$645,417 78
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$622,594 54
18,600 09
4,223 24
$645,417 78
Cash on Deposits in Banks, amount in each: —
Georgetown National Bank, G e o r g e to w n ,...................................................... $8,004 27
Essex National Bank, H averh ill,........................................................................
10,000 00
Amesbury National Bank, Amesbury..................................................................
5,000 00
First National Bank, Merrimac..............................................................................
3,832 82
Loan on Bank Stock : —
On 65 shares Somerville National Bank, Som erville,.................................... ■,
On 29 shares Amesbury National Bank, A m e s b u r y ,.................................... j
On 8 shares Second National Bank, H a v e r h ill,............................................. |
On 10 shares Haverhill Safe Deposit and Trust Company, Haverhill,
.J
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
206
R E P O R T O F TH E
[Pub. Doc,
Georgetown Savings B a n k — Continued.
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of
of
of
of
of
Bangor, Me., 6s, .
Bath, Me., 6s,
Belfast, Me., 6s, .
Concord, N. H., 6s,
Portland, Me., 6s,
Estimated
Market Value.
$2,000
2,000
4,000
1,000
1,000
$10,000
$2,000
2,060
4,150
1,000
1,050
00
00
00
00
00
$10,260 00
Amount Invested.
$2,000
2,000
4,000
1,000
1,000
00
00*
00*
00
00
$10,000 00
* Legal investments when made.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
13
10
30
30
45
20
Par Value.
Columbian Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
State National Bank, Boston, .
Georgetown National Bank,
Georgetown,
Ipswich Nat’l Bank, Ipswich,
'
$1,300
1,000
3,000
3,000
Estimated
Market Value.
$1,400
1,000
3,000
3,600
00
00
00
00
Amount Invested.
$1,300
1,000
3,000
3,000
00
00
00
00
4,500
2,000
4,950 00
2,000 00
4,500 00
2,000 00
$14,800
$15,950 00
$14,800 00
D etailed Statem ent o f B ailroad Bonds.
Par Value.
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Maine Central R.R. 7s, .
N. Y. & N. E. R.R. (terminal) 4s, .
Upper Coos R.R. 4s,
. . .
Upper Coos R.R. 4Js,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000
6,000
4,000
5,000
3,000
3,000
$25,000
Estimated
Market Value.
$4,000
6,000
5,200
5,000
3,000
3,200
00
00
00
00
00
00
$26,400 00
Amount Invested.
$4,000
6,000
4,000
5,000
3,000
3,000
00
00
00
00
00
00
$25,000 00
No. 8 .]
207
S A Y IN G S B A N K C O M M IS S IO N E D .
Georgetown Savings Bank — Concluded.
Total A m ou n t o f L oa n s , w ith E a ch Specified R ate o f In terest.
Kate.
Amount.
$6,004
10,800
18,592
18,000
27
00
00
00
3 per cent.
4
“
4h
“
4J
Amount.
$75,850 00
14.000 00
48.000 00
Rate.
Amount.
Kate.
5 per cent.
H
“
H
“
$363,562 42
4,270 00
28,025 15
6 per cent.
6h
“
7
Yalue, by books, of real estate beld or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 392
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 367
Amount of investments for which no income is received.................................
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893.....................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the j 2£ per cent., f
year ending Oct. 31, 1893......................................................... 1
Per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 143
Number of accounts closed during the year ending Oct. 31, 1893,
. I ll
Total number of open accounts Oct. 31, 1893....................................
1,449
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
Number of s a m e , .......................................................................................... 733
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , .......................................................................................... 873
Date of examination by commissioner: April 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,700 00
5,850 00
149 00
366,991 75
2,000 00
35,227 67
14,477 48
14,696 97
1,052 79
82,713 59
77,943 10
208
R E P O R T O F TH E
[Pub. D oc.
G R A F TO N S A V IN G S B A N K — G R AFTO N .
Incorporated March 13, 1869.
G
e o r g e
K.
N
,
ic h o l s
H
Present number of corporators, 50.
President.
e n r y
F .
W
H
in g
,
e n r y
F .
W
,
in g
Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
G
e o r g e
D
a n ie l
K.
N.
N
G
ic h o l s
ib b s
C
,
,
l a r e n c e
R.
P
H
o r a c e
G
e o
S.
. W . F
r a t t
A ssets.
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 t e s ) ,....................................
Deposits in banks, on interest, .
Deposits in banks, not on interest,
a r r e n
,
,
.
Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 12 m .
B a l a n c e Sh e e t O c t o b e r
W
is h e r
a
.m .
to 12
m
.;
1 to 4
p
.m . ;
31, 1893.
L iabilities .
$35,460
3,400
96,233
88,000
49
00
24
00
Deposits, .
Guaranty fund,
Interest account,
$259,308 21
8,800 00
12,767 47
24,051 38
30,000 00
3,730 57
$280,875 68
$280,875 68
Cash on Deposit in Banks, amount in each : —
First National Bank, Worcester, .
Millbury National Bank, Millbury,
Grafton National Bank, Grafton, .
$ 10,000 00
10,000 00
13,730 57
Loan on Bank Stock: —
On 38 shares Grafton National Bank, G r a fto n ,............................................. $3,400 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
209
SA Y IN G S B A N K COM M ISSION ERS
Grafton Savings Bank — Concluded.
No. of
Shares.
D etailed Statement o f B a n k Stocks.
30
30
20
10
13
15
10
38
28
5
5
3
10
5
76
10
•
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, .
NT B’k of No. America, Boston,
Manufacturers’ N’l B’k, Boston,
Massachusetts N’l B’k, Boston,
National City Bank, Boston, .
Eliot National Bank, Boston, .
Fourth National Bank, Boston,
Grafton Nat’l Bank, Grafton,.
Spencer Nat’l Bank, Spencer,
*
Par Value.
$3,000
3,000
2,000
1,000
1,300
1,500
1,000
3,800
2,800
500
500
300
1,000
500
7,600
1,000
$30,800
Estimated
Market Value.
$3,855
3,000
2,160
1,260
1,300
1,530
1,150
3,800
3,220
515
500
300
1,250
625
8,740
1,250
Amount Invested.
$4,187
3,814
2,040
1,222
1,476
1,744
1,206
4,276
3,200
550
677
363
1,230
500
7,972
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$34,455 00
75
00
00
75
12
50
25
00
25
00
12
25
00
00
50
00
$35,460 49
Total A m ou n t o f L oan s , with Each Specified Bate o f Interest.
Amount.
$.56,989 62
90,500 00
Kate.
4 per cent.
4*
“
Amount.
$34,400 00
Kate.
5 per cent.
Amount.
$59,795 00
Number of loans which are of an amount not exceeding $3,000 each,
79
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 84
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893..........................................................i 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 58
Number of accounts closed during the year ending Oct. 31, 1893,
. 72
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 861
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , ..................................................................................... 311
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e ,......................................................................................449
Date of examination by commissioner: May 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
$83,433 24
11,974 91
5,354 60
5,272 28
115 75
22,381 68
40,294 10
210
[Pub. D oc
R E P O R T OF TH E
4
G R A N IT E S A V IN G S B A N K — ROCKPORT.
Incorporated March 21, 1884.
Present number of corporators, 54.
E ben G. A bbott , President.
N ath a n ie l R ichardson , Jr., Treasurer.
John L. W oodfall , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
E ben G. A bbott ,
F rancis T a r r ,
G rafton B utman ,
H ir a m J. P h ilbr oo k ,
G eorge A . LowR.
Open for business Wednesday and Saturday, 10 a .m . to 12 m ; 2 to 3 p .m .
B a l a n c e Sh e e t O c t o b er
Liabilities .
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,
Deposit in bank, on interest,
Deposit in bank, not on interest,
Furniture,....................................
Cash on hand, .
.
.
.
31, 1893.
$20,538
5,760
8,319
57,836
24,500
91
1,591
100
168
00
00
00
00
00
58
27
00
71
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$118,904 56
$117,307 55
1,425 00
172 01
$118,904 56
Cash on Deposit in Banks, amount in each: —
Rockport National Bank, R o c k p o r t ,............................................................... $1,59127
Gloucester Safe Deposit and Trust Company, Gloucester, .
.
.
.
91 58
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Bangor, Me , 6s, .
of Boston, Mass., 6s,
of Cleveland, Ohio, 6s,
of Keene, N. H., 4s, .
of Pawtucket, R. I., 4s,
of Peoria, 111., 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
2,000
2,000
500
2,000
1,000
Estimated
Market Value.
$1,000
2,033
2,080
500
2,150
1,132
00
00
00
00
00
00
Amount Invested.
$1,000
2,033
2,080
500
2,150
1,132
00
00
00
00
00
00
No. 8 .]
211
S A Y IN G S B A N K CO M M ISSION ERS.
Granite Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s — Concluded.
Par Value.
City of Scranton, Pa., 5s,
of Sioux City, Iowa, 4|s,.
of Springfield, Ohio, 5s, .
of Spi'ingfield, Ohio, 6s, .
of Waltham, Mass., 4s,
Town of Clinton, Mass., 4s,
of Orange, Mass., 4s,
of Tilton, N. EL, 6s,
County of Merrimac, N. H., 4s,
City of Rockford, 111., 4^s,
$1,000
1,000
2,000
375
1,000
1,000
2,000
500
1,000
1,500
$19,875
Estimated
Market Value.
$1,035
1,000
2,050
391
1,015
1,023
2,035
527
1,017
1,550
00
00
00
00
00
00
00
00
00
00
$20,538 00
Amount Inv ested.
$1,035
1,000
2,050
391
1,015
1,023
2,035
527
1,017
1,550
00
00
00
00
00
00
00
00
00
00
$20,538 00
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
8
4
24
10
Par Value.
Gloucester N’l B’k, Gloucester,
Cape Ann N’l B’k, Gloucester,
Rockport N’l Bank, Rockport,
Gloucester Safe Deposit and
Trust Company, Gloucester,
Estimated
Market Value.
Amount Invested.
$800
400
2,400
$1,080 00
560 00
3,120 00
$1,080 00
560 00
3,120 00
1,000
1,000 00
1,000 00
$4,600
$5,760 00
$5,760 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 6s,
Maine Central R.R. 7s,
Old Colony R.R. 7s,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
Estimated
Market Value.
$2,000
3,000
1,000
1,000
1,000
$2,032
3,075
1,050
1,150
1,012
$8,000
$8,319 00
00
00
00
00
00
Amount Invested.
$2,032
3,075
1,050
1,150
1,012
00
00
00
00
00
$8,319 00
212
R E P O R T O F TH E
[Pub. D oc.
Granite Savings Bank — Concluded.
Total A m ou n t o f L oan s, with Each Specified R ate o f Interest.
Amount.
$91 58
11,800 00
Rate.
3 per cent.
5
“
Amount.
$7,000 00
Rate,
54 per cent.
Amount.
$63,536 00
Number of loans which are of an amount not exceeding $3,000 each, 108
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 96
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1893..........................................................J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 113
Number of accounts closed during the year ending Oct. 31, 1893,
. 64
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 729
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31,1893..............................................................................................
Number of s a m e , ..........................................................................................534
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of s a m e ,.......................................................................................... 313
Date of examination by commissioner: October 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
$69,036 00
5,980 20
2,030 31
2,172 99
418 49
30,551 81
24,171 40
No. 8 .]
213
S A Y IN G S B A N K CO M M ISSIO N ERS.
GREAT
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.
G
e o r g e
C
h u r c h
M
,
President.
e r r i t t I. W
Present number of corporators, 41.
h e e l e r
,
C h a r l e s J. T a y l o
Clerk o f the Corporation.
r
,
Treasurer.
Names of committee charged with the investment of its funds:
A. C h a l k l e y C o l l i n s ,
John C. W h e e l e r ,
C
h a s
.
J.
T
A
l f r e d
C
h a s
a y l o r
Open for business every business day, 9
J.
S.
P
a ss e t t
,
,
.
a .m
B a l a n c e Sh e e t O ctober
. to 12 m . ; 1 to 3 p .m .
31, 1893.
L iabilities .
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, .
.
.
.
F
o t t e r
f30,000
49,701
2,697
56.000
00
92
86
00
13.000
677
282,174
74,088
00
07
25
17
2,200
23,749
6,109
576
00
67
26
33
Deposits, .
Guaranty fund,
Interest account,
$509,612 27
16,900 00
14,462 26
$540,974 53
$540,974 53
Cash on Deposit in Banks, amount in each: —
National Bank of Redemption, Boston,
.
.
.
.
Springfield Safe Deposit and Trust Company, Springfield, .
Pynchon National Bank, Springfield,....................................
Maverick National Bank, Boston, .
.
.
.
.
.
National Mahaiwe Bank, Great Barrington, .
.
.
.
$2,396
11,300
10,000
52
6,109
44
82
00
41
26
$197
500
600
1,400
86
00
00
00
Loans on Bank Stock, amount on each : —
On
On
On
On
5 shares National Mahaiwe Bank, Great Barrington,
6 shares National Mahaiwe Bank, Great Barrington,
20 shares National Mahaiwe Bank, Great Barrington,
16 shares National Mahaiwe Bank, Great Barrington,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
[Pub. D oc
R E P O R T O F TH E
214
Great Barrington Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s.
Far Value.
City of Bridgeport, Conn., 3|s,
of Chicago, 111., 4s, .
*
Estimated
Market Value.
Amount Invested.
$10,000
20,000
$9,000 00
19,400 00
$10,000 00*
20,000 00
$30,000
$28,400 00
$30,000 00
A legal Investment when made.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
Par Value.
10 First National Bank, Adams, .
10 Faneuil Hall Nat’l B’k, Boston,
13 Suffolk National Bank, Boston,
59 N’l B’k of Redemption, Boston,
19 Hamilton Nat’l Bank, Boston, .
10 Atlantic Nat’l Bank, Boston, .
54 New England N’l B’k, Boston,
66 Shoe & Leather N’l B’k, Boston,
14 National Union Bank, Boston,
42 N’l B’k of No. America, Boston,
25 Merchants’ Nat’l Bank, Boston,
41 Nat’l Mahaiwe Bank, Great
Barrington, .
.
.
.
48 Lee National Bank, Lee,
3 Pittsfield Nat’l B’k, Pittsfield,
3 Housatonic Nat’l Bank, Stockbrid ge,...................................
$1,000
1,000
1,300
5,900
1,900
1,000
5,400
6,600
1,400
4,200
2,500
Estimated
Market Value.
$1,300
1,200
1,254
7,405
2,166
1,205
8,492
5,940
1,806
4,420
3,575
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$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
4,100
4,800
300
5,330 00
6,480 00
480 00
5,125 00
5,816 67
405 00
300
480 00
450 00
$41,700
$51,533 00
$49,701 92
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Old Colony R.R. 4s,
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
$1,000
30.000
20.000
5,000
$56,000
Estimated
Market Value.
$1,015
29,500
19,600
5,000
00
00
00
00
$55,115 00
Amount Invested..
$1,000
30.000
20.000
5,000
00
00
00
00
$56,000 00
No. 8 .]
215
S A Y IN G S B A N K COM M ISSION ERS.
Great Barrington Savings Bank — Concluded.
Total A m ou nt o f L oa n s , with Each Specified Rate o f Interest.
Amount.
$2,448 85
21,300 82
Kate.
Amount.
2£ per cent.
4
“
$246,164 92
Kate.
5 per cent.
Amount.
Rate.
$114,995 36
6 per cent.
i
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, 1893,
Value by books, of other real estate held, or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the s a m e ,.................................................................................
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 e s t a t e , ............................................. 220
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, 1893......................................................................................
Times for the dividends fixed by the by-laws : first Thursday in January
and July.
Rate and amount of each semi-annual dividend during the 12 per cent., f
year ending Oct. 31, 1893.......................................................... 1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 381
Number of accounts closed during the year ending Oct. 31, 1893,
. 312
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,152
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , .......................................................................................... 1,752
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , .......................................................................................... 1,332
Date of examination by commissioner: November 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$13,000
13,000
6,800
454
00
00
00
58
677 07
1,800 00
210,710 28
177 67
24,873 45
9,496 56
9,700 01
1,857 92
124,763 58
131,179 07
216
R E P O R T O F TH E
[Pub. D oc
G R E E N F IE L D S A V IN G S B A N K — G R E E N F IE L D .
Incorporated March 19, 1869.
R
o b e r t
A
b e r c r o m b ie
C
,
Present number of corporators, 30.
President.
h e s t e r
C.
C
A
o n a n t
,
l b e r t
M .
G
l e a so n
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W
C
il l ia m
h a s
. R .
A.
L
F
o r b e s
o w e l l
A. M . G l e a s o n ,
e v i J. G u n n ,
,
,
L
S. B .
S
l a t e
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,
Loans on bank stock,
Railroad bonds as per schedule,
Loan on railroad bonds,
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,
Interest account,
Furniture and fixtures,
Premium account,
Cash on hand, .
.
.
.
to 12.30
p
.m .
; 2 to 4
p
.m .
31, 1893.
L iabilities .
$106,500
130,300
39,765
101,000
5.000
2,808
1,123,072
281,159
00
00
00
00
00
17
72
95
29,372
335
50,142
3,005
1,532
434
1.000
15,000
269
82
00
64
36
40
64
00
00
08
$1,890,697 78
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$1,835,130 12
54,200 00
1,367 66
$1,890,697 78
Cash on Deposit in Banks, amount in each: —
Packard National Bank, Greenfield,
Franklin County National Bank, Greenfield,
People’s National Bank, Brattleborough, Vt.,
Conway National Bank, Conway, .
Park National Bank, Holyoke,
National Bank of Commerce, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.................................... $18,225
.................................... 11,088
.................................... 15,695
....................................
133
.................................... 5,000
.................................... 3,005
62
34
19
49
00
36
No. 8 .]
217
SA Y IN G S B A N K COM M ISSION ERS.
Greenfield Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On
On
On
On
On
On
On
On
On
31 shares Conway National Bank, C o n w a y ,....................................
138 shares Traders’ National Bank, B o s t o n ,....................................
9 shares Franklin County National Bank, Greenfield, .
24 shares Packard National Bank, Greenfield,
.
75 shares Park National Bank, H o l y o k e , ....................................
15 shares City National Bank, H o l y o k e , ....................................
100 shares Home National Bank, H o l y o k e ,....................................
5 shares First National Bank, Northampton,....................................
57 shares Shelburne Falls National Bank, Shelburne Falls, .
$3,075 00
10,000 00
740 00
2,000 00
7.500
1.500
9,300
500
5,150
00
00
00
00
00
Loan on Railroad Bonds : —
On $5,000 Vermont & Massachusetts R .R. 5 s , .............................................$5,000 00
Detailed Statement o f Public Funds.
Par Value.
City of
of
of
of
of
Des Moines, Iowa, 5s, .
Milwaukee, Wis., 7s, .
Sioux City, Iowa, 4|s,
Rutland, Vt., 4|s,
West Rutland, Vt., 5s,
$7,000
17.000
25.000
40.000
17,500
Estimated
Market Value.
$7,000
17,850
25,000
40,400
18,550
00
00
00
00
00
Amount Invested.
$7,000
17.000
25.000
40.000
17,500
00
00
00
00
00
$106,500 $108,800 00 $106,500 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
37 Athol National Bank, Athol, .
48 National Revere Bank, Boston,
13 N’l Hide & Leather B’k, Boston,
6 National City Bank, Boston, .
18 Market National Bank, Boston,
42 Eliot National Bank, Boston, .
38 Merchants’ Nat’l B’k, Boston,.
15 Howard Nat’l Bank, Boston, .
10 Second Nat’l Bank, Boston.
3 Washington NT Bank, Boston,
50 Metropolitan N ’l B’k, Boston,
20 South End Nat’l Bank, Boston,
52 NT B’k of Redemption, Boston,
12 First Nat’l Bank, Chicopee,
41 Conway Nat’l Bank, Conway, .
34 First Nat’l Bank, Greenfield, .
138 Holyoke Nat’l Bank, Holyoke,
50 City National Bank, Holyoke,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$3,700
4,800
1,300
600
1,800
4,200
3,800
1,500
1,000
300
5,000
2,000
5,200
1,200
4,100
3,400
13,800
5,000
Estimated
Market Value.
$3,885
4,800
1,430
516
1,620
4,956
5,700
1,530
1,850
321
5,000
1,700
6,656
1,800
5,125
6,800
23,460
5,400
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$3,700
4,800
1,300
600
1,800
4,200
3,800
1,500
1,000
300
5,000
2,000
5,200
1,200
4,100
3,400
13,800
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
218
R E P O R T O F TH E
[Pub. D oc
Greenfield Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
14
15
21
60
50
67
110
45
70
3
36
75
10
50
50
Par Value.
Hadley Falls N’l B’k, Holyoke,
Hampshire County Nat’l Bank,
Northampton,
First Nat’l Bank, Northampton,
Berkshire N’l B’k, No. Adams,
Orange Nat’l Bank, Orange, .
Palmer Nat’l Bank, Palmer, .
Third Nat’l Bank, Springfield,
City Nat’l Bank, Springfield, .
First Nat’l Bank, Springfield,.
Chicopee Nat’l B’k, Springfield,
Second Nat’l Bank, Springfield,
Chapin Nat’l Bank, Springfield,
Crocker N’l B’k, Turner’s Falls,
Winchester Nat’l Bank, Win
chester, N. H.,
First N’l Bank, Westfield,
Estimated
Market Value.
Amount Invested.
$1,400
$2,380 00
$1,400 00
1,500
2,100
6,000
5,000
6,700
11,000
4,500
7,000
300
3,600
7,500
1,000
1,875
2,730
6,600
8,500
10,050
22,550
6,750
8,400
540
5,472
12,000
1,200
1,500
2,100
6,000
5,000
6,700
11,000
4,500
7,000
300
3,600
7,500
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
00
5,000
5,000
5,500 00
6,750 00
5,000 00
5,000 00
$130,300
$183,846 00
$130,300 00
Detailed Statement o f Railroad Bonds.
Par Value.
Fitchburg R.R. 5s, .
Newport & Richford R.R. 5s, .
Boston & Lowell R.R. 4s,
Old Colony R.R. 4 s,.
$16,000
10,000
25,000
50,000
Estimated
Market Value.
$16,660
10,300
25,000
50,000
00
00
00
00
$101,000 $101,960 00
*
Amount Invested.
$16,000
10,000
25,000
50,000
00
00*
00
00
$101,000 00
A legal investment when made.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$30,142 64
10,000 00
17,500 00
Kate.
Amount.
3 per cent.
$1,283,497 67
48,172 82
4
4è
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
Kate.
5 per cent.
“
6*
Amount.
$75,235 00
64,300 00
Rate.
6
7
per cent.
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
219
Greenfield Savings Bank — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
$2,808 17
Assessed value of the s a m e ,.................................................................................
3,000 00
Number of loans which are of an amount not exceeding $3,000 each, 592
Aggregate amount of the s a m e , ........................................................................
526,141 01
Total number of loans upon real e s t a t e , ............................................. 767
Amount of investments from which no income is received...............................
6,000 00
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
92,493 42
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of eachsemi-annual dividend during the 1 2 per cent., f
34,586 89
year ending Oct. 31, 1893.................................................. 12
per cent, 1
36,085 31
Number of accounts opened during the year ending Oct. 31, 1893,
. 792
Number of accounts closed during the year ending Oct. 31, 1893,
. 533
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,251
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ..................................................................................................
4,873 08
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893..............................................................................
364,423
37
Number of s a m e , .................................................................................3,412
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ..........................................................................................
379,438
40
Number of s a m e , ................................................................................ 3,070
Date of examination by commissioner: October 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
220
[Pub. D oc
R E P O R T O F TH E
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 April 13, 1852.
Present number of corporators, 41.
J ohn M u llig a n , President.
P. S. B a il e y , Treasurer.
P. S. B a il e y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
R. F. H a w k in s ,
A. J. W r ig h t ,
John M u llig an ,
W . H . W r ig h t .
Open for business every business day, 9 a .m . to 4 p .m .
B a l a n c e Sh e e t O c t o b e r
31, 1893.
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 railroad stock, .
Railroad notes, .
.
.
.
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,
Cash on hand, .
.
.
.
$306,335
30,625
150.000
43,450
175.000
74,339
1,237,670
523,579
00
00
00
00
00
67
00
00
50,000
120.000
4,644
2,471
2,594
00
00
94
07
42
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$2,720,709 10
$2,578,815 09
88,000 00
8,590 39
45,303 62
$2,720,709 10
Cash on Deposit in Banks, amount in each : —
Chicopee National Bank, ¡Springfield,
Pynchon National Bank, Springfield,
Chapin National Bank, Springfield,
Agawam National Bank, Springfield,
Holyoke National Bank, Holyoke,
.
.
.
.................................... $5,000
.................................... 10,000
....................................
45,000
....................................
59,644
.................................... 5,000
00
00
00
94
00
Loans on Bank Stock, amount on each : —
On 25 shares Chapin National Bank, Springfield,
On 30 shares City National Bank, Springfield,
On 5 shares Ware National Bank, Ware,
.
.
.
.
On 25 shares Third National Bank, Springfield
On 20 shares Agawam National Bank, Springfield,
On 30 shares Hampshire County National Bank, Northampton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
j
$ 5 ,3 0 0 00
225 00
2 ,5 0 0 0 0
1 ,8 0 0 0 0
3 ,0 0 0 0 0
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
221
Hampden Savings Bank — Continued.
On 15 shares Second National Bank, Springfield,
On 10 shares Third National Bank, Springfield, .
On 24 shares Agawam National Bank, Springfield,
On 10 shares Second National Bank, Springfield,.
On 25 shares Chapin National Bank, Springfield, .
On 10 shares Chapin National Bank, Springfield, .
On 10 shares First National Bank, Springfield, .
On 6 shares Miller’ s River National Bank, Athol,
On 24 shares First National Bank, Springfield, .
On 6 shares Second National Bank, Springfield, .
On 3 shares Agawam National Bank, Springfield,
On 28 shares Third National Bank, Springfield, .
On 25 shares Chapin National Bank, Springfield,.
On 5 shares Chapin National Bank, Springfield, .
On 5 shares First National Bank, Chicopee, .
$2,500 00
2,000 00
3.000 00
1.000 00
1,000 00
150 00
2,000 00
500
250
2,500
1,900
500
500
00
00
00
00
00
00
$1,500
7,500
200
3.000
9.000
300
2,350
00
00
00
00
00
00
00
Loans on Railroad Stock, amount on each : —
On 10 shares Boston & Albany R .R ., .
.
.
.
On 50 shares Boston & Albany R .R., .
.
.
.
On 4 shares New York, New Haven & Hartford R.R.,
On 22 shares Boston & Albany R .R ., .
.
.
.
On 56 shares New York, New Haven & Hartford R.R.,
On 35 shares Boston & Albany R.R.................................
On 19 shares Boston & Albany R .R , .
On 100 shares Old Colony R . R . , ....................................
On 100 shares Boston & Providence R .R .........................
On 10 shares Boston & Albany R .R .................................
On 12 shares New York, New Haven & Hartford R.R.,
17,200 00
1,400 00
1.000 00
No. of
Shares.
Detailed Statement o f Bank, Stocks.
28
75
230
75
75
40
50
37
50
50
50
50
50
50
63
60
33
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,
National Revere Bank, Boston,
Nat’l Webster Bank, Boston, .
N’l B’k of the Republic, Boston,
Suffolk Nat’l Bank, Boston, .
Continental Nat’l B’k, 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, .
Franklin Co. N’l B’k, Greenfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,800
7,500
23,000
7,500
7,500
4,000
5,000
3,700
5,000
5,000
5,000
5,000
5,000
5,000
6,300
6,000
3,300
Estimated
Market Value.
$6,580
8,850
32,890
8,625
8,025
4,000
7,550
3,700
5,750
6,250
5,000
5,250
6,250
5,800
7,875
9,000
3,630
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$2,800
7,500
27,210
10,865
7,500
4,292
6,300
4,500
5,300
6,700
5,900
5,900
5,700
6,100
7,600
7,920
4,550
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
222
R E P O R T O F TH E
[Pub. D oc
Hampden Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
200
40
20
66
30
40
50
85
423
230
50
50
65
74
75
Holyoke Nat’l Bank, Holyoke,
Hadley Falls N’l B’k, Holyoke,
Monson Nat’l Bank, Monson, .
Hampshire County National
Bank, Northampton, .
First N’l Bank, Northampton,
First N’l B’k, Norwich, Conn.,
Uncas N’l B’k, Norwich, Conn.,
Thames National Bank, Nor
wich, Conn. , .
.
.
.
Agawam N’l B’k, Springfield,
Chapin N’l Bank, Springfield,
Chicopee N’l B’k, Springfield,
First Nat’l Bank, Springfield,
Pynchon N’l Bank, Springfield,
Third Nat’l Bank, Springfield,
Ware National Bank, Ware, .
Par Value.
Estimated
Market Value.
Amount Invested.
$20,000
4,000
2,000
$34,000 00
6,000 00
3,000 00
$23,056 00
4,732 00
2,200 00
6,600
3,000
4,000
2,500
8,250
4,200
4,800
2,750
00
00
00
00
7,225
3,000
5,180
2,900
00
00
00
00
8,500
42,300
23,000
5,000
5,000
6,500
7,400
7,500
13,600
44,415
36,800
8,600
7,000
11,375
16,280
9,000
00
00
00
00
00
00
00
00
12,285
46,700
24,700
8,600
6,525
10,985
11,560
10,050
00
00
00
00
00
00
00
00
$253,900
$345,095 00 $306,335 00
Detailed Statement o f Railroad Bonds.
Estimated
Market Value.
Amount Invested.
$50,000
50.000
50.000
$55,000 00
51.000 00
56.000 00
$50,000 00
50.000 00
50.000 00
$150,000
$162,000 00
$150,000 00
Par Value.
Boston & Providence R.R. 4s, .
Holyoke & Westfield R.R. 4s,
N. Y. & N. E. R.R. (terminal) 4s, .
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
Kate.
Amount.
Kate.
$115,000 00
245,000 00
4 per cent.
4h
“
$1,770,324 00
5 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$50,000 00
Kate.
6 per cent.
No. 8 .]
223
SA Y IN G S B A N K CO M M ISSION ERS.
Hampden Savings Bank — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 335
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 361
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : February 15 and August 15.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1893, .
.
.
.
.
.
J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,026
Number of accounts closed during the year ending Oct. 31, 1893,
. 982
Total number of open accounts Oct. 31, 1893....................................
5,140
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of t a x e s ) , ..................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of same......................................................................................
4,184
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of same......................................................................................4,145
Date of examination by commissioner: August 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$74,339 67
52,500 00
1,172 00
463,274 00
39,208 00
127,487 19
49,961 59
50,887 74
i
8,468 66
465,314 31
545,608 97
224
R E P O R T O F TH E
[Pub. D oc.
H A M P SH IR E S A V IN G S B A N K — N O R T H AM PT O N .
Incorporated May 19, 1869.
J
o seph u s
C
r a f t s
,
Present number of corporators, 31.
President.
L
e w is
W
L
a r n e r
,
W
e w is
a r n e r
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
J
o se p h u s
W
il l ia m
C
r a f t s
H .
D
,
ic k in s o n
H
e n r y
,
A.
K
Ja
m e s
J.
H .
im b a l l
M .
D
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,
Loans on railroad stock, .
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, .
.
.
.
F
,
,
.
Open for business every business day, 9
B alance
a y
e m o n d
a
.m .
to 3
p
.m .
31, 1893.
L iabilities .
$35,000
206,225
24,650
30,000
1,300
863,254
63,875
00
42
00
00
00
99
00
36,100
59,439
3,825
854
00
35
28
48
$1,324,524 52
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,265,904 72
32,800 00
7,393 88
18,425 92
$1,324,524 52
Cash on Deposit in Banks, amount in each: —
Hampshire County National Bank, N o r t h a m p t o n ,.................................... $49,439 35
First National Bank, E a s th a m p to n ,...............................................................
10,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K COM M ISSION ERS
225
H am psh ire S avings B a n k — Continued.
Loans on Bank Stock, amount on each: —
$2,300 00
On 25 shares Hampshire County National Bank, Northampton,
On 22 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 20 shares Conway National Bank, Conway, .
.
.
.
On 128 shares Park National Bank, Holyoke...................................
2,000 00
5,000
500
550
1,500
12,800
00
00
00
00
00
Loans on Railroad Bonds, amount on each: —
On 50 shares Connecticut River R . R . , .............................................
On 2 shares Boston & Albany R .R ,
......................................................
SI,000 00*
300 00
* A legal investment when made.
Detailed Statement o f Public Funds.
Par Value.
Town of Northampton, Mass., 4s, .
$35,000
Estimated
Market Value.
$35,600 00
Amount Invested.
$35,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
Estimated
Market Value.
Amount Invested.
'
Par Value.
5
100
80
22
33
35
32
15
62
35
8
10
35
7
44
30
9
33
36
7
15
30
22
30
Grey look Nat’l Bank, Adams,
North National Bank, Boston,
National Bank of the Commonwealth, Boston, .
Blackstone N’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,
N’l llide& 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, .
Mt. Vernon Nat’l Bank, Boston,
Globe National Bank, Boston,
Merchants’ Nat’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 Bk, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$500
10,000
8,000
2,200
3,300
3,500
3,200
1,500
6,200
3,500
800
1,000
3,500
700
4,400
3,000
900
3,300
3,600
700
1,500
3,000
2,200
3,000
$750 00
12,500 00
11,800
2,200
3,465
4,200
3,520
1,800
6,200
4,200
1,200
1,200
3,395
875
4,312
4,350
1,125
3,894
4,428
805
1,470
3,000
2,310
2,850
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$750 00
12,661 00
8,635
3,247
3,695
4,477
3,797
2,505
7,511
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
3,376
00
50
00
50
00
00
00
00
00
50
37
00
87
00
75
75
00
00
00
00
00
25
226
R E P O R T O F TH E
[Pub. D oc
H a m p sh ire S avings B a n k — Continued.
No. of
Shares.
Detailed, Statement o f Bank Stocks — Concluded.
100
50
12
10
34
100
20
10
15
298
87
63
36
5
50
10
12
13.
28
Par Value.
Third National Bank. Boston,
Second National Bank, Boston,
National Eagle Bank, Boston,
Manufacturers’ National Bank,
Boston,..................................
First National Bank, Chicopee,
First N’l Bank, Easthampton,.
City National Bank, Holyoke,
Home Nat’l Bank, Holyoke, .
Park National Bank, Holyoke,
Hampshire County National
Bank, Northampton, .
First N’l Bank, Northampton,
Northampton National Bank,
Northampton,
Agawam N’l B’k, Springfield,
Chicopee N’l B’k, Springfield,
John Hancock National Bank,
Springfield, .
.
.
.
Berkshire N’l B’k, No. Adams,
Ware National Bank, Ware, .
Union Nat’l Bank, Weymouth,
Mechanics’ N’l B’k, Worcester,
$10,000
5,000
1,200
1 ,0 0 0
3,400
10,000
2,000
1,000
1500
29,800
Estimated
Market Value.
$9,500 00
9,500 00
1,080 00
1,000
4,760
14,500
2,200
1,100
2,325
35,760
00
00
00
00
00
00
00
Amount Invested.
$10,600 93
7,900 00
1,476 00
1,040
5,175
12,420
2,000
1,000
2,250
29,800
00
00
00
00
00
00
00
8,700
10,875 00
11,496 00
6,300
3,600
500
11,025 00
3,960 00
850 00
10,702 50
4,497 00
800 00
5,000
1,000
1,200
1,300
2,800
6,500
1,000
1,320
1,430
2,800
00
00
00
00
00
5,898
1,050
1,624
1,592
3,749
00
00
00
50
00
$168,800 $207,334 00 $206,225 42
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
.
Boston & Providence R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Estimated
Market Value.
$10,000
6,000
10,000
4,000
$10,000
6,000
9,800
4,200
$30,000
$30,000 00
00
00
00
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 Rate o f Interest.
Amount.
$49,439 35
61,000 00
Bate.
3J per cent.
4
»
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$37,400 00
897,779 99
Rate.
4£ per cent.
5
“
Amount.
$3,000 00
Rate.
6 per cent.
No. 8 .]
S A Y IN G S B A N K CO M M ISSIO N EBS.
227
Hampshire Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, . 431
Aggregate amount of the s a m e , ........................................................................ $468,204 99
Total number of loans upon real e s t a t e , ............................................. 448
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
58,390 44
Times for the dividends fixed by the by-laws : May 15 and November 15.
23,299 34
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
24,643 49
year ending Oct. 31, 1 8 9 3 ,..................................................... J 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
633
Number of accounts closed during the year ending Oct. 31, 1893,
289
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,376
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
3,825 28
clusive of ta xe s),..................................................................................................
Amount <?f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , .........................................................................................
281,551 66
Number of s a m e , ................................................................................ 2,491
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
266,138 18
Number of s a m e , .................................................................................2,437
Date of examination by commissioner: May 23.
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Federal Reserve Bank of St. Louis
228
[Pub. D oc.
E E P O E T O F TH E
H A V E R H IL L S A V IN G S B A N K -H A V E R H I L L .
Incorporated Feb. 8, 1828.
W
o o d b u r y
N
o t e s
,
R
Present number of corporators, 49.
President.
a y m o n d
R
N
o y e s
,
a y m o n d
N
o y e s
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
E
b e n
M
it c h e l l
,
W
Jo
h n
L.
H
o bso n
o o d b u r y
N
o y e s
,
.
Open for business every business day, except Saturday, 9 a . m . to 12.30 p . m . ; 2 to 3.30
p m . ; Saturday, 9 a . m . to 12.30 p . m . ; and for deposits only, 5 to 6.30 p . m .
B a l a n c e Sh e e t O c t o b er
L iabilities .
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, .
Loans on railroad stock, .
Railroad notes, .
.
.
.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) ,....................................
Deposits in banks, on interest, .
Deposit in bank, noton interest,
Expense account,
Cash on hand, .
.
.
.
31, 1893.
$680,900
52.000
502,450
60.970
606,500
54,600
24.000
150,000
1,394,200
1,476,550
00
00
00
00
00
00
00
00
00
00
23.000
65,227
20.000
20
11,113
00
58
00
10
48
$5,121,531 16
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Premium account, .
$4,873,389 80
209,000 00
4,282 54
18,259 12
16,599 70
$5,121,531 16
Cash on Deposit in Banks, amount in each: —
National Bank of Redemption, B o s t o n , ...................................................... $24,771 73
Haverhill National Bank, H a v e r h ill,...............................................................
60,455 85
Loans on Public Funds, amount on each : —
On
On
On
On
On
$3,000 United States 4 s , ................................................................................. $2,000 00
$20,000 Fitchburg, Mass , 4 s , ..........................................................................
$8,000 Meriden, Conn., 4s................................................................................. j
25,000 00
$16,000 Haverhill, Mass., 4 s , ........................................................................j
$10,000 Marlborough, Mass., 4s...................................................................... }
25,000 00
Loans on Bank Stock, amount on each: —
On
On
On
On
On
On
125 shares Amesbury National Bank, Am esburv,.......................................... $12,500 00
25 shares Amesbury National Bank, A m e s b u r y ,....................................
2,500 00
10 shares Powow River National Bank, Amesbury,
.
.
.
.
95000
7 shares Boston National Bank, Boston,......................................................
500 00
50 shares Faneuil Hall National Bank, B o s t o n , ....................................
5,000 00
5 shares Tremont National Bank, B o s t o n , .............................................
375 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
229
S A Y IN G S B A N K COM M ISSIONERS
H a v e rh ill Savings B an k — Continued.
On 162 shares Cocheco National Bank, Dover, N. H., .
On 100 shares Essex National Bank, Haverhill, .
.
.
.
On 22 shares Haverhill Safe Deposit and Trust Company, Haverhill,
On 15 shares Merchants’ National Bank, Haverhill,
On 15 shares Merrimack National Bank, Haverhill, .
On 10 shares Merrimack National Bank, Haverhill,
On 12 shares Haverhill National Bank, Haverhill,
On 50 shares Second National Bank, Haverhill, .
.
.
.
On 30 shares Second National Bank, Haverhill, .
.
.
.
On 27 shares Second National Bank, Haverhill, .
.
.
.
On 10 shares Arlington National Bank, Lawrence,
On 5 shares Merchants’ National Bank, Lawrence,
$
11,000 00
10,000 00
2.200 00
1,500 00
525 00
|
1,950 00
5.000 00
3.000 00
2,700 00
|
1,270 00
Loans on Railroad Bonds, amount on each : —
$3,300
1,000
25.000
300
On $7,000 Boston & Maine R.R. 4s,
.
.
On $1,000 Boston & Maine R .R. 7s,
On $27,000 Boston & Maine R .R . 4s, .
On $1,000 Old Colony R .R . 6s,
.
.
.
.
On $20,000 Connecticut & Passumpsic Rivers R.R. 4s,
On $8,000 Fitchburg R .R . 4s....................................
00
00
00
00
25.000 00
Loans on Railroad Stock, amount on each: —
On 16 shares Boston & Albany R . R . , ............................................................... $2,400 00
On 200 shares Boston & Maine R .R. p referred,.............................................
21,600 00
Detailed Statement o f Public Funds.
Par Value.
Town of Bradford, Mass., 4s, .
of Bradford, Mass., 4^s,
of Brookline, Mass., 6s,
City of Boston, Mass , 4s,
of Cambridge, Mass., 4s, .
of Chicago, 111., 4s, .
o f Cleveland, Ohio. 5s,
of Danbury, Conn., 4s,
o f Dayton, Ohio, 4s,
of Des Moines, Iowa, 4s, .
o f Des Moines, Iowa, os,
of Detroit, Mich., 4s,
of Fall River, Mass , 5s, .
of Fall River, Mass., 6s, .
of Haverhill, Mass., 3|s, .
o f Haverhill, Mass , 4s, .
of Haverhill, Mass., 5s, .
of Lynn, Mass., 5s, .
of Lynn, Mass , 6s, .
of New Bedford, Mass., 4s,
of Pawtucket, R. I., 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$18,900
9,000
22,000
150,000
40,000
100,000
25,000
25,000
25,000
25,000
5,000
50,000
40,000
6,000
30,000
35,000
10,000
5,000
10,000
25,000
25,000
$680,900
Estimated
Market Value.
$18,522
9,180
22,440
152,000
40,000
98,000
26,750
24,750
23,750
24,000
5,000
50,000
42,800
6,440
29,400
35,000
10,150
5,450
10,400
24,500
25,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$18,900
9,000
22,000
150,000
40,000
100,000
25,000
25,000
25,000
25,000
5,000
50,000
40,000
6,000
30,000
35,000
10,000
5,000
10,000
25,000
25,000
00
00
00
00
00
00
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
$683,532 00 $680,900 00
* A legal investment when made.
230
[Pub
R E P O R T O F TH E
D oc
Haverhill Savings Bank — Continued.
No. o f
Shares.
Detailed Statement o f Bank Stocks.
32
200
205
267
50
50
100
50
50
100
50
187
100
75
150
100
50
267
254
225
150
100
150
200
50
150
150
75
100
150
200
30
145
375
300
50
100
Par Value.
Andover Nat’l Bank, Andover,
Atlas National Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Boston National Bank, Boston,
Central Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Faneuil Hall Nat’l B’k, Boston,
First National Bank, Boston, .
Fourth National 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, .
National Bank 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,
Nat’l Hide and Leather Bank,
Boston,..................................
Nat’l Webster Bank, Boston, .
North Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston..
Shoe and Leather Nat’l Bank,
Boston,...................................
State National Bank, Boston, .
Suffolk Nalional Bank, Boston,
Third National Bank, Boston, .
First National Bank, Chelsea,
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,
J
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$3,200
20,0i)0
20,500
26,700
5,000
5,000
10,000
5,000
5,000
10,000
5,000
18,700
10,000
7,500
15,000
10,000
5,000
$3,520
23,000
18,450
24,564
7,350
5,000
11,500
5,750
4,400
12,000
11,500
21,879
9,200
8,550
14,850
9,700
7,150
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$3,200
20,000
20,500
26,700
5.000
5,000
10,000
5,000
5,000
10,000
5,000
18,700
10,000
7,500
15,000
10,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
26,700
25,400
22,500
15,000
10,000
15,000
28,035
30,988
32,850
12,750
8,500
17,700
00
00
00
00
00
00
26,700
25,400
22,500
15,000
10,000
15,000
00
00
00
00
00
00
20,000
5,000
15,000
15,000
21,000
4,500
16,350
16,800
00
00
00
CO
20,000
5,000
15,000
15,000
00
00
00
00
7,500
10,000
15,000
20,000
3,000
14,500
37,500
30,000
3,750
10,000
6,750
10,200
14,400
17,400
3,300
19,575
63,750
51,000
7,000
14,500
00
00
00
00
00
00
00
00
00
00
7,500
10,000
15,000
20,000
3,000
14,500
37,500
30,000
3,750
10,000
00
00
00
00
00
00
00
00
00
00
$502,450
$595,711 00 $502,450 00
No. 8 .]
231
SA Y IN G S B A N K COM M ISSION ERS
Haverhill Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
$39,000
83,500
141,000
75,000
15,000
50,000
50,000
38,000
50,000
10,000
25,000
15.000
5,000
10,000
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 7s, .
Boston & Providence R.R. 4s, .
Concord & Montreal R.R. 4s, .
Dexter & Piscataquis R.R. 4 s,.
Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 4Js, .
Maine Central R.R. 7s, .
Old Colony R.R. 4s,.
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
Portland & Kennebec R.R. 6s,
$606,500
*
Estimated
Amount Invested.
Market Value.
$38,610
83,500
141,000
73,500
14,400
48,500
50,000
39,140
51,000
11,000
25,000
15,600
5,025
10,100
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$606,375 00
$39 000
83,500
141,000
75.000
15,000
50,000
50,000
38,000
50,000
10,000
25,000
15,000
5,000
10,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$606,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.
Amount.
$65,227
18,000
112,000
250,900
58
00
00
00
3 per cent.
4
“
4i
“
4§
“
Rate.
Amount.
$50,000
1,898,320
100,000
175,800
00
00
00
00
4J per cent.
5
“
5!
“
5£
»
Rate.
Amount.
$50,000
148,900
380,450
50,950
00
00
00
00
5J per cent.
5è
“
6
“
7
Number of loans which are of an amount not exceeding $3,000 each, . 515
Aggregate amount of the s a m e , ........................................................................ $710,675 00
Total number of loans upon real e s t a t e , .............................................589
Gross amount of interest or profits received or earned, as per books, during
248,012 41
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in April
and October.
93,425 85
Rate and amount of each semi-annual dividend during the j 2 per cent., f
117,111 79
year ending Oct. 31, 1 8 9 3 ,.............................................* 2i per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,891
Number of accounts closed during the year ending Oct. 31, 1893,
1,694
Total number of open accounts Oct. 31, 1893,
.
.
.
.
13,757
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
7,078 89
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
727,771 00
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , .................................................................................10,700
Amount of withdrawals, including dividends, during the year ending
863,621 76
Oct. 31, 1 8 6 3 , ..................................................................................................
Number of s a m e , .................................................................................10,784
Date of examination by commissioner: November 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
232
R E P O R T O F TH E
[Pub. Doc.
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.
C. D.
W
a it e
,
President.
H
e n r y
C.
S
m it h
,
Present number of corporators, 62.
W i l b u r M. P u r r i n g t o n , Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
B
L
y r o n
F. S.
W
o o m is
,
G
e o r g e
a r n e r
,
W
il s o n
H
e n r y
L .
G
r a v e s
Open for business every business day, 10 a
M
,
e w e y
,
m
.
.
.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,
Railroad bonds as per schedule,
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,
Deposits in banks,not on interest,
Expense account,
Cash on hand, .
.
.
.
a r k s
D
to 12
; 2 to 4
p
.m .
31,1893.
L iabilities .
$5,464
69,369
5,081
770
184,702
57,255
91
29
89
00
24
98
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$317,625 02
10,500 00
1,921 93
1,294 99
5,625 00
200 00
1,669
107
423
671
29
84
84
66
$331,341 94
$331,341 94
Cash on Deposit in Banks, amount in each: —
Hampshire County National Bank, N o r t h a m p t o n ,.................................... $1,669 29
Conway National Bank, Conway,........................................................................
83 98
Home National Bank, H o ly o k e ,........................................................................
23 86
Detailed Statement o f Public Funds.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
City of Sioux City, Iowa, 6s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,200
$5,500 00
A m ou n t In v e ste d .
$5,464 91
No. 8 .]
233
SA Y IN G S B A N K COM M ISSION ERS.
H a y d e n v ille Savin gs B a n k — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks.
Tar Value.
50
40
50
43
50
60
70
50
18
22
10
10
48
25
First National Bank, Amherst,
Conway Nat’l Bank, Conway,
Danbury N’l Bank, Danbury,
Conn.......................................
First N’l Bank, Easthampton,
City National Bank, Holyoke,
Home National Bank, Holyoke,
First N’l Bank, Northampton,
Hampshire County National
Bank, Northampton, .
Northampton National Bank,
Northampton,
Southington National Bank,
Southington, Conn ,
Chicopee N’l B’k, Springfield,
First Nat’l Bank, Springfield,
John Hancock National Bank,
Springfield.............................
Park National Bank, Holyoke,
$5,000
4,000
Estimated
Market Value.
Amount Invested.
$7,650 00
5,000 00
00
00
00
00
00
$7,520 00
4,721 13
6,600
5,290
5,625
6,165
9,105
00
00
00
00
50
5,000
4,300
5,000
6,000
7,000
6,650
6,235
5,750
7,200
8,400
5,000
6,000 00
6,041 66
1,800
3,150 00
3,070 00
2,200
1,000
1,000
2,420 00
1,700 00
1,450 00
2,331 00
1,700 00
1,450 00
4,800
2,500
6,240 00
3,875 00
6,000 00
3,750 00
$54,600
$71,720 00
$69,369 29
Detailed Statement o f Railroad Bonds.
Par Value.
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Estimated
Market Value.
Amount Invested.
$2,000
3,000
$2,000 00
3,165 00
$1,915 22
3,166 67
$5,000
$5,165 00
$5,081 89
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$1,669 29
19,173 62
Hate.
4 per cent.
5
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$69,735 24
Rate.
Amount.
Rate.
5J per cent.
$158,874 36
6 per cent.
234
R E P O R T O F TH E
[Pub. D oc.
H a y d e n v ille Savings B a n k — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, . 370
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 213
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. 31,1893.....................................................................................
Times for the dividends fixed by the by-laws: second Tuesday in January
and July.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,......................................................J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
169
Number of accounts closed during the year ending Oct. 31, 1893,
187
Total number of open accounts Oct. 31, 1893.....................................
1,030
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oet. 31, 1 8 9 3 , ..........................................................................................
Number of same.....................................................................................................
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , ...............................................................................................
Date of examination by commissioner: April 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$770 00
1 ,0 0 0
oo
12 00
193,483 22
5,160 36
17,277 08
6,286 47
6,243 02
1,585 62
63,434 59
81,738 17
No. 8 .]
235
SA Y IN G S B A N K CO M M ISSION ERS.
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, 55.
E nos L o r in g , President.
H e n k y C. H a r d in g , Treasurer.
H e n r y C. H a r d in g , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
E nos L o r in g ,
E
l ij a h
S
h u t e
E d m u n d H e r s e y , 2d,
,
F
r a n c is
Open for business every business day, 8
B alance
Sh eet
a
.m .
O ctober
H.
to 12
L
in c o l n
m
.
.
; 1.30 to 4
p
.m .
31, 1893.
L iabilities .
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 railroad stock, .
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
( n o t e s ) ,....................................
Loans on depositors’ books,
Deposit in bank, on interest,
Deposits in banks, not on interest,
Expense account,
Lawrence Duck Company stock,*
Boston & Provincetown Steam
ship Company stock,* .
Cash on hand, .
.
.
.
Deposits, .
Guaranty fund,
Profit and loss ac
count,
Suspense account, .
$75,000 00
1,000 00
150,260 00
5,700 00
65,750 00
39.300 00
50.000 00
3,000
9,890
1,099,388
632,153
$2,131,372 35
81,800 00
46,179 07
1,466 06
00
00
00
28
45.300
150
41,698
16,345
2,711
00
00
60
40
74
22.000 00
300 00
870 46
$2,260,817 48
$2,260,817 48
* Taken to secure indebtedness.
Cash on Deposit in Banks, amount on each : —
Shoe and Leather National Bank, Boston,
National Webster Bank, Boston, .
.
Hingham National Bank, Hingham,
.
.
.
.
•
$41,698 60
3,924 80
12,420 60
Loan on Public Funds: —
On $1,000 United States .............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 1,000 00
236
R E P O R T O F TH E
[Pub. D oc.
H in gh a m In s titu tio n fo r Savings — Continued.
Loan on Bank Stock: —
On 72 shares Massachusetts National Bank, B o s t o n ,.................................... $-5,700 00
Loans on Railroad Stock, amount on each: —
On 241 shares Boston & Maine R . R . , ...............................................................$25,000 00
On 138 shares Boston & Maine R . R . , ...............................................................
14,300 00
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 4s,
of Des Moines, Iowa, 4^s,
Estimated
Market Value.
Amount Invested.
$50,000
25,000
$50,000 00
25,000 00
$50,000 00
25,000 00
$75,000
$75,000 00
$75,000 00
Ko. of
Shares.
Detailed Statement o f Bank Stocks.
Estimated
Market Value.
Amount Invested.
'
Par Value.
7
38
75
54
82
100
50
46
42
36
20
75
20
80
75
112
100
26
36
100
50
60
20
30
178
16
28
Abington Nat’l B’k, Abington,
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 B’k, 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, .
Brockton Nat’l B’k, Brockton,.
First National Bank, Chelsea,.
Hingham N’l B’k, Hingham, .
Old Colony N’l B’k, Plymouth,
Nat’l Union Bank, We 3’mouth,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$700
3.800
7.500
5,400
8,200
10,000
5.000
4.600
4,200
3.600
2.000
7.500
2,000
8,000
7.500
11,200
10,000
2.600
3.600
10,000
5.000
6.000
2,000
3,000
12,460
1.600
2.800
$896
4,579
8,643
4,590
9,676
8.500
11,500
4,232
4,788
3,312
1,850
10,725
3,145
8,420
10,950
11,200
9,000
2,661
3,474
9.500
6,450
5.400
2,200
3,360
13,350
2.400
2,800
00
00
75
00
00
00
00
00
00
00
00
00
00
00
00
00
00
75
00
00
00
00
00
00
00
00
00
$150,260 $167,602 50
$700
3.800
7.500
5,400
8,200
10,000
5.000
4.600
4,200
3.600
2.000
7.500
2,000
8,000
7.500
11,200
10,000
2.600
3.600
10,000
5.000
6.000
2,000
3,000
12,460
1.600
2.800
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
$150,260 00
No. 8 .]
237
SA Y IN G S B A N K COM M ISSION ERS
Hingham Institution for Savings — Concluded.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Maine R.R. 7s, .
Eastern R.R 6s,
. . .
Old Colony R.R. 7s, .
Old Colony R.R. 6s,.
Upper Coos R.R. 4^s,
Fitchburg R.R. 5s, .
Estimated
Market Value.
$11,000
6,000
11,000
2,000
15.000
20.000
$11,000
7,020
11,000
2,085
15,750
20,400
$65,000
$67,255 00
Amount Invested.
00
00
00
00
00
00
$11,000
6,000
11,000
2,000
15,750
20,000
00
00
00
00
00
00
$65,750 00
Total A m ou nt o f L oa n s , with E ach Specified Rate o f Interest.
Kate.
Amount.
$5,953
41,698
13,000
286,950
28
60
00
00
0 per cent.
2è
“
4
“
4è
“
Rate.
Amount.
Rate.
4| per cent.
$127,753 00
31,000 00
104,105 00
6 per cent.
6è
«
7
“
Amount.
$141,700
877.830
125,000
159,700
00
00
00
00
5
54
“
4
“
Amount invested in real estate for banking purposes........................................$3,000 00
Estimated value of the same...................................................................................3,0u0 00
Assessed value of the same.....................................................................................
2,500 00
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
9,890 00
Assessed value of the s a m e ,.................................................................................
9,720 00
Number of loans which are of an amount not exceeding $3,000 each, 300
A ggregate am ou nt o f the s a m e , ........................................................................
313,608 00
Total number of loans upon real e s t a t e , .............................................390
Amount of investments from which no income is received, .
.
.
.
17,953 28
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1893,
........................................................................
105,723 35
Times for the dividends fixed by the by-laws: first Tuesday in January
and July.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
40,951 46
year ending Oct. 31, 1893, .
.
.
.
.
.
. J 2 per cent, 1
41,683 69
Number of accounts opened during the year ending Oct. 31, 1893,
392
Number of accounts closed during the year ending Oct. 31, 1893,
328
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,511
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
3,860 06
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893.............................................................................................
192,011 68
Number of same,
........................................................................1,926
Amount of withdrawals, including dividends, during the year ending Oct.
242,294 91
31, 1893............................................................... .....................................................
Number of s a m e , ............................................................... .........
2,094
Date of examination by commissioner: October 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
238
R E P O R T O F TH E
[Pub. D oc.
H O LL IST O N S A V IN G S B A N K — H O LL IST O N .
Incorporated Feb. 27, 1872.
D
a n ie l
C.
M
o w r y
,
President.
O
r h in
T
Present number of corporators, 58.
O
h o m so n
,
r r in
T
h o m so n
,
Treasurer.
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
G
J
e o
.
A.
o se p h
B
a r t l e t t
H .
D
,
e w in g
C
,
h a s
.
F.
T
h a y e r
U
r ie l
C
H
ir a m
L
B a l a n c e Sh e e t O ctober
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, .
Deposit in bank, not on interest,
Cash on hand, .
.
.
.
a k e
,
,
.
Open for business every business day, except Saturday, 9 a
Saturday, 9 a . m . to 12 m .
A ssets.
u t l e r
.m .
to 12 m . ; 1.30 to 3.30 p
.m . ;
31, 1893.
L iabilities .
$26,862
6,300
25,700
6,670
235,300
65,413
50
00
00
00
00
00
28,600
5,338
5,000
1,087
00
27
00
59
$106,271 36
Deposits, .
Guaranty fund,
Interest account,
$374,102 47
19,200 00
12,968 89
$406,271 36
Cash on Deposit in Banks, amount in each: —
National Bank of the Commonwealth, B o s t o n ,.............................................f 1,516 74
Holliston National Bank, H o l l i s t o n ,.............................................................. 8,821 53
Loans on Bank Stock, amount on each: —
On 49 shares Holliston National Bank, Holliston.............................................. $3,810 00
On 35 shares Central National Bank, B o s t o n , .............................................
2,490 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
239
SA V IN G S B A N K CO M M ISSION ERS
Holliston Savings Bank — Continued.
No. o f
Shares.
D etailed Statement o f B a n k Stocks.
24
34
7
25
30
30
60
15
20
24
Par Value.
State National Bank, Boston, .
National Bank of the Common
wealth, Boston, .
Blackstone Nat’l B’k, Boston, .
Shoe & Leather N’l B’k, Boston,
Home Nat’l Bank, Brockton, .
Franklin N’l Bank, Franklin, .
Holliston N’l Bank, Holliston,
People’s N’l B’k, Marlborough,
Blue Hill Nat’l Bank, Milton, .
Framingham National Bank,
South Framingham,
$2,400
Estimated
Market Value.
$2,448 00
00
00
00
00
00
00
00
00
Amount Invested.
$2,400 00
3,400
700
2,500
3,000
3,000
6,000
1,500
2,000
4,352
630
2,250
4,500
3,300
6,300
1,725
2,200
2,400
3,000 00
2,400 00
$26,900
$30,705 00
$26,862 50
3,400
700
2,462
3,000
3,000
6,000
1,500
2,000
00
00
50
00
00
00
00
00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Maine R.R. 7s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 7s,.
Salem & Lowell R.R. 6s,.
Estimated
Market Value.
$13,000
4.000
3.000
5,700
$13,000
4,160
3,000
6,099
$25,700
$26,259 00
00
00
00
00
Amount Invested.
$13,000
4.000
3.000
5,700
00
00
00
00
$25,700 00
Total A m ou n t o f L oa n s , with Each Specified Rate o f In terest.
Amount.
$5,338 27
12,000 00
8,000 00
Kate.
2£ per cent.
3à
“
4
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$1,500 00
31,300 00
37,110 00
Kate.
Amount.
Kate.
4£ per cent.
5
“
5è
“
$233,603 00
1,100 00
11,000 00
6 per cent.
7
7i
“
240
R E P O R T O F TH E
[Pub. D oc.
Holliston Savings Bank — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
$6,670 00
Assessed value of the same.....................................................................................
9, 00 00
Net income received from same during year ending Oct. 31, 1893,
.
.
131 50
Number of loans which are of an amount not exceeding $3,000 each,. 293
Aggregate amount of the s a m e , ........................................................................
223,513 00
Total number of loans upon real e s t a t e , ............................................. 270
Gross amount of interest or profits received or earned, as per books, during
year ending Oct 3 1 ,1 8 9 3 ,.................................... • ........................................
22,060 05
Times for the dividends fixed by the by-laws : first Tuesday in June and
December.
Rate and amount of eachsemi-annual dividend during the 1 2 per cent., f
7,318 02
year ending Oct. 31, 1 8 9 3 , ....................................................... i 2 per cent., I
7,394 48
Number of accounts openedduring the year ending Oct. 31, 1893,
138
Number of accounts closed during the year ending Oct. 31, 1893,
166
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,205
Total expenses of the corporation for the year ending Oct. 31,1893 (ex
clusive of taxes)....................................................................................................1,818
25
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
57,586 63
Number of s a m e , ..............................................................................................849
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893...........................................................................................................
75,175 37
Number of s a m e , ..............................................................................................989
Date of examination by commissioner: June 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
241
SA Y IN G S B A N K COM M ISSION ERS
No. 8 .]
H O LY O K E S A V IN G S B A N K — H O LY O K E .
Incorporated Feb. 21, 1855.
G
e o r g e
W.
P
Present number of corporators, 89.
President.
R. B. J o h n s o n , Treasurer.
C. W . J o h n s o n , Clerk o f the Corporation.
r e n t is s
,
Names of committee charged with the investment of its funds :
G
W
e o r g e
W .
il l ia m
W
P
r e n t is s
h it in g
,
,
Open for business every business day, 9 a
Balance
Sh eet
.m .
e v i
o b e r t
to 4
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,
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,
Premium account,
Cash on hand, .
.
.
.
L
R
p
.m .
P
e r k in s
R
,
u s se l l
.
; Saturdays, 7 to 8
p
.m .
31, 1893.
L iabilities .
$230,500
600
258,200
16,000
594.900
1,279,816
333,000
00
00
00
00
00
00
00
2,000
200
111,160
2,533
2,575
5,790
7,000
16,031
00
00
06
00
12
04
00
17
$2,860,305 39
Deposits, .
Guaranty fund,
Interest account,
$2,709,200 84
90,000 00
61,104 55
$2,860,305 39
Cash on Deposit in Banks, amount in each : —
Holyoke National Bank, H o l y o k e , ............................................................... $52,548 77
National Bank of the Commonwealth, B o s t o n ,............................................. 18,611 29
Maverick National Bank, B o s t o n , ...............................................................
2,533 00
City National Bank, H o l y o k e , ........................................................................
30,000 00
Agawam National Bank, Springfield,...............................................................
10,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
242
R E P O R T O F TH E
[Pub. D oc.
Holyoke Savings B an k— Continued.
Loan on Public Funds : —
On $600 United States 4 s , ................................................................................. $600 00
Loans on Bank Stock, amount on each : —
On 4 shares Third National Bank, S p r in g fie ld ,.............................................$400 00
On 25 shares Hampshire National Bank, Northampton,
.
.
.
.
1,200 00
On 26 shares Palmer National Bank, P a l m e r , ...........................
2,600
00
On 20 shares Holyoke National Bank, Holyoke, .
.
.
.
.
.
2,000 00
On 27 shares Holyoke National Bank, Holyoke,...........................
2,500
00
On 3 shares Hadley Falls National Bank, H o ly o k e ,.................................... i
On 10 shares Home National Bank, H o l y o k e , ............................................. j
L200 00
On 10 shares City National Bank, Holyoke,......................................................
1,000 00
On 32 shares Holyoke National Bank, H olyoke,............................................. ..
5 100 00
On 5 shares Home National Bank, H o l y o k e , ............................................. r
On 15 shares Springfield Safe Deposit and Trust Company, Springfield,
D etailed Statem ent o f P u blic F u n d s.
Estimated
Market Value.
City of Boston, Mass., 4s,
of Boston, Mass., 6s,
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 6s,
of Dayton, Ohio, 6s,
of Detroit, Mich., 7s,
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 5s,
of Holyoke, Mass., 4s,
of Holyoke, Mass., 6s,
of Lewiston, Me., 5s,
of Milwaukee, Wis., 7s, .
of Springfield, Ohio, 5s, .
Commonwealth of Massachusetts 5s,
City of Grand Rapids, Mich., 8s,
of Cleveland, Ohio, 7s,
of Cleveland, Ohio, 5s,
of Dayton, Ohio, 5s,.
of Pawtucket, R. I., 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000
3,000
1,000
13,000
23,000
8,000
3,000
30,000
2,000
8,000
1,500
20,000
17,000
9,000
10,000
2,000
28,000
2,000
25,000
$26,000
3,400
1,000
13,450
23,850
9,000
3,300
30,100
2,000
8,800
1,600
21,000
17,200
9,000
10,300
2,000
28,300
2,000
25,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$230,500 $237,800 00
Legal investments when made.
Amount Invested.
$25,000
3,000
1,000
13,000
23,000
8,000
3,000
30,000
2,000
8,000
1,500
20,000
17,000
9,000
10,000
2,000
28,000
2,000
25,000
00
00
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00*
00
$230,500 00
No. 8 .]
243
S A Y IN G S B A N K CO M M ISSION ERS
Holyoke Savings Bank — Continued.
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
20
22
50
20
20
37
48
Greylock Nat’l Bank, Adams,
First National Bank, Adams, .
First National Bank, Amherst,
Miller’s River N’l B’k, Athol,
First National Bank, Chicopee,
Rollstone Nat’l B’k, Fitchburg,
Franklin County Nat’l Bank,
Greenfield, .
.
.
.
5 First Nat’l Bank, Greenfield, .
2 First Nat’l Bank, Haverhill, .
38 Conway Nat’l Bank, Conway,
42 First Nat’l B’k, Easthampton,
1 Merrimack N’l B’k, Haverhill,
380 Holyoke Nat’l Bank, Holyoke,
220 Hadley Falls N’l B’k, Holyoke,
8 City National Bank, Holyoke,
60 Home Nat’l Bank, Holyoke, .
17 Railroad Nat’l Bank, Lowell, .
25 Monson Nat’l Bank, Monson, .
5 First N’l B’k, Newburyport, .
100 Northampton National Bank,
Northampton,
20 Hampshire County National
Bank, Northampton, .
151 First N’l Bank, Northampton,
38 Palmer Nat’l Bank, Palmer, .
11 Pittsfield N’l Bank, Pittsfield,
50 Agawam N’l B’k, Springfield,.
97 Chicopee N’l B’k, Springfield,
15 City Nat’l Bank, Springfield, .
178 First Nat’l Bank, Springfield,
50 Second N’l Bank, Springfield,
190 Third Nat’l Bank, Springfield,
87 John Hancock National Bank,
Springfield,
97 Townsend N’l B’k, Townsend,
26 Ware National Bank, Ware, .
4 First Nat’l Bank, Westfield, .
50 First Nat’l Bank, Worcester, .
25 Springfield N’l B’k, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
l’ ar Value.
Estimated
Market Value.
Amount Invested.
$2,000
2,200
5,000
2,000
2,000
3,700
$3,000
3,000
7,500
3,800
3,000
5,550
00
00
00
00
00
00
$2,000
2,200
5,000
2,000
2,000
3,700
00
00
00
00
00
00
4,800
500
200
3,800
4,200
100
38,000
22,000
800
6,000
1,700
2,500
500
4,800
1,000
300
4,750
5,000
150
57,000
33,000
880
6,900
2,000
3,750
500
00
00
00
00
00
00
00
00
00
00
00
00
00
4,800
500
200
3,800
4,200
100
38,000
28,800
800
6,000
1,700
2,500
500
00
00
00
00
00
00
00
00
00
00
00
00
00
10,000
17,500 00
13,900 00
2,000
15,100
3,800
1,100
5,000
9,700
1,500
17,800
5,000
19,000
2,400
19,630
4,700
1,650
5,000
12,800
1,875
23,180
8,000
35,600
00
00
00
00
00
00
00
00
00
00
2,000
18,400
3,800
1,100
5,000
12,300
1,500
21,500
9,000
28,500
00
00
00
00
00
00
00
00
00
00
8,700
9,700
2,600
400
5,000
2,500
10,500
11,640
3,000
600
8,500
3,125
00
00
00
00
00
00
9,900
12,000
2,600
400
5,000
2,500
00
00
00
00
00
00
$220,900 $315,580 00
$258,200 00
244
R E P O R T O F TH E
[Pub. D oc
H olyoke Savings Bank — Continued.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Lowell R.R. 7s,
Boston & Maine R.R. 7s, .
Boston, Winthrop & Shore R.R. 5s,
Boston, Revere Beach & Lynn R.R. 6s,
Cheshire R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 7s, .
Lowell & Lawrence R.R. 6s, .
Leeds & Farmington R.R. 6s, .
Holyoke & Westfield R.R. 4 s ,.
Maine Central R.R. 6s, .
Maine Central R.R. 7s, .
Nashua & Lowell R.R. 5s,
New York, Prov. & Boston R.R. 7s,
Norwich & Worcester R.R. 6s,
Old Colony R.R. 6s,
. . .
Old Colony R.R. 7s,.
Portland & Kennebec R.R. 6s,
Portland & Ogdensburg R.R. 6s,
New Bedford R.R. 7s,
$21,000
19,000
15,000
31,000
22,000
65,500
20,000
35,000
27,000
15,000
10,000
2,000
8,000
10,800
50,000
5,000
12,000
1,000
5,000
16,000
81,000
50,000
38,600
25,000
10,000
$594,900
Estimated
Market Value.
$21,400
19,000
15,750
32,500
23,000
65,500
21,000
36,000
28,100
15,000
10,400
2,000
8,500
11,000
50,000
5,500
14,500
1,000
5,800
16,800
83,600
50,000
39,000
27,000
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
$612,350 00
Amount Invested.
$21,000
19,000
15,000
31,000
22,000
65,500
20,000
35,000
27,000
15,000
10,000
2,000
8,000
10,800
50,000
5,000
12,000
1,000
5,000
16,000
81,000
50,000
38,600
25,000
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
$594,900 00
Total A m ou n t o f L oa n s , w ith E ach Specified Rate o f Interest.
Amount.
$18,611 29
52,548 77
Rate.
Amount.
Rate.
Amount.
Rate.
24 per cent.
4
“
$40,000 00
1,359,045 00
4^ per cent.
5
$106,596 00
165,975 00
54 per cent.
6
Number of loans which are of an amount not exceeding $3,000 each, 254
Aggregate amount of the s a m e , ........................................................................$306,676 00
Total number of loans upon real e s t a t e , ............................................. 353
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,............................................. '
156,865 64
Times for the dividends fixed by the by-laws : third Monday in January
and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
245
Holyoke Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 89 3 ,......................................................i 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,676
Number of accounts closed during the year ending Oct. 31, 1893,
1,881
Total number of open accounts Oct. 31, 1893,
.
.
.
.
7,693
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , .................................................................................13,582
$51,517 81
52,824 60
7,989 53
691,316 00
A m ou n t o f w ithdraw als, in clu d in g d ivid end s, durin g the yea r ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , .................................................................................8,917
Date of examination by commissioner: April 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
814,946 71
246
E E P O E T O F TH E
HOM E
S A V IN G S B A N K — BOSTON.
Incorporated March 17, 1869.
C
h a r l e s
H .
A
l l e n
C
,
[Pub. D oc.
Present number of corporators, 47.
President.
h a r l e s
.J.
C
H
a y d e n
,
h a r l e s
J.
H
a y d e n
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
C
h a r l e s
T
h o m a s
Jo
h n
W .
H .
F.
L
A
l l e n
,
N
e w t o n
e m p l e
,
A
l b e r t
e ig h t o n
,
H
e n r y
T
Open for business every business day, 9 a . m . to 2
till 8 P.M.
p
. m .,
B a la n c e 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,
Loan 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
(notes).........................................
Deposits in banks, on interest, .
Expense account,
Suspense account,
Premium account,
Real estate income account,
Cash on hand, .
.
.
.
T
a l b o t
T .
C. J
W
,
h it in g
a c k so n
,
.
and Saturday, for deposits,
31, 1893.
L iabilities .
$139,000
402,300
33,000
152,250
5.000
1,800
49,110
3.000
2,231,733
1,645,011
00
00
00
00
00
00
42
00
33
37
98,916
222,370
1,286
104
395
38
6,233
25
08
25
73
00
88
31
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count,
$4,991,549 62
$4,687,225 75
215,700 00
34,345 12
54,278 75
$4,991,549 62
Cash on Deposit in Banks, amount in each: —
Central National Bank, B o s t o n ,........................................................................ $166,866 97*
Boylston National Bank, Boston,........................................................................
55,503 11
* This amount has since been reduced within the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K CO M M ISSIO N ERS.
247
Home Savings Bank — Continued.
Loans on Bank Stock, amount on each: —
$3,200
10,000
2,000
3,500
5,000
500
600
On 32 shares Boylston National Bank, Boston, .
On 100 shares Broadway National Bank, Boston,
On 20 shares Central National Bank, Boston,
On 40 shares Central National Bank, Boston,
On 50 shares Fitchburg National Bank, Fitchburg,
On 7 shares Globe National Bank, Boston, .
On 15 shares National Market Bank, Brighton, .
On 25 shares Miller’s River National Bank, Athol,
On 25 shares Fitchburg National Bank, Fitchburg,
On 15 shares National Security Bank, Boston,
On 9 shares Taunton National Bank Taunton,
On 8 shares Bristol County National Bank, Taunton,
00
00
00
00
00
00
00
5,000 00
1,500 00
1,700 00
Loan on Railroad Bonds : —
On $6,000 Eastern R .R. 6 s , ................................................................................. $5,000 00
Loan on Railroad Stock : —
On 45 shares Fitchburg R .R ....................................................................................$1,800 00
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Bay City, Mich., 8s,
of Boston, Mass., 6s,
of Cambridge, Mass , 6s, .
of Chicago, 1 1 1 ., 7s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Dayton, Ohio, 5 s ,.
of Dayton, Ohio, 6 s,.
of Indianapolis, Ind., 7T35s,
of Lawrence, Mass., 6s, .
of Springfield, Mass., 7 s ,.
of Springfield, Ohio, 5s, .
of Springfield, Ohio, 6s, .
Town of Hyde Park, Mass., 4s,
of St. Johnsbury, Vt., 4|s,
City of Milwaukee, Wis., 5s, .
of Canton, Ohio, 5 s ,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,500
7,000
1,000
8,000
17,000
2,000
25,000
23,000
4,000
2,000
2,000
5,000
12,000
2,000
5,000
8,500
10,000
$139,000
Estimated
Market Value.
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$5,500 00
7,000 00
1,000 00
8,000 00
17,000 00
2,000 00
25,000 00*
23,000 00*
4,000 00
2,000 00
2,000 00
5,000 00
12,000 00
2,000 00
5,000 00
8,500 00
10,000 00
$142,515 00
$139,000 00
$6,960
7,000
1,025
8,100
17,680
2,070
25,125
23,250
4,120
2,020
2,260
5,035
12,370
2,000
5,000
8,500
10,000
* Legal investments when made.
248
R E P O R T O F TH E
[P ub. D oc
Home Savings Bank — Continued.
D etailed Statem ent o f B a n k Stocks.
C
O
*
O<
U
O§
^ 55
50
200
100
50
75
23
100
70
125
100
160
100
150
50
150
75
50
200
200
200
50
150
200
150
400
200
100
100
70
200
125
50
Par Value.
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,
Blackstone Nat’l 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,
Hamilton Nat’l Bank, Boston,
N ’1Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Nat’l Market Bank, Brighton,.
Market Nat’l Bank, Boston,
Mt. Vernon N’l Bank, Boston,
Massachusetts N’l B’k, Boston,
Merchants’ Nat’l Bank, Boston,
New England N’l B’k, Boston,
North National Bank, Boston,
N’i B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
N ’1B’k of the Republic, Boston,
National Revere Bank, Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
State National Bank, Boston, .
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
National Union Bank, Boston, .
Nat’l Webster Bank, Boston, .
$5,000
20,000
10,000
5,000
7,500
2,300
10,000
7,000
12,500
10,000
16,000
10,000
15,000
5,000
15,000
7,500
5,000
20,000
20,000
20,000
5,000
15,000
20,000
15,000
40,000
20,000
10,000
10,000
7,000
20,000
12,500
5,000
$402,300
Estimated
Market Value.
$6,025 00
23,050 00
9,025 00
4,650 00
7,500 00
2,639 25
11,550 00
6,422 50
29,687 50
10,600 00
18,240 00
10,550 00
14,850 00
4,487 50
13,800 00
9,909 38
4,750 00
28,600 00
31,450 00
21,800 00
5,262 50
18,825 00
29,500 00
15,000 00
72,400 00
22,400 00
9,000 00
10,325 00
6,475 00
18,800 00
16,218 75
4,575 00
$498,367 38
Amount Invested.
$5,000 00
20,000 00
10,000 00
5,000 00
7,500 00
2,300 00
10,000 00
7,000 00
12,500 00
10,000 00
16,000 00
10,000 00
15,000 00
5,000 00
15,000 00
7,500 00
5,000 00
20,000 00
20,000 00
20,000 00
5,000 00
15,000 00
20,000 00
15,000 00
40,000 00
20,000 00
10,000 00
10,000 00
7,000 00
20,000 00
12,500 00
5,000 00
$402,300 00
D etailed Statem ent o f B ailroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston & Lowell R.R. 6s,
Boston & Lowell R.R. 7s,
Boston & Maine R R. 7s, .
Cheshire R.R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
1,000
3,000
21,000
26,500
Estimated
Market Value.
$3,045
1,035
3,090
21,000
27,295
00
00
00
00
00
Amount Invested.
$3,000
1,000
3,000
20,950
26,500
00
00
00
00
00
No. 8 .]
249
SA Y IN G S B A N K CO M M ISSION ERS
Home Savings Bank — Continued.
D etailed Statem ent o f R ailroad Bonds — Concluded.
Par Value.
Dexter & Piscataquis R.R. 4s, .
Fall River R R. os, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 7s, .
Leeds & Farmington R.R. 6s,
Lowell & Lawrence R.R. 6s, .
Old Colony R.R. 4s,.
Old Colony R.R. 7s,.
Portland & Ogdensburg R.R. 6s,
Old Colony R.R. 6s,.
Fitchburg R.R. 6s, .
Estimated
Market Value.
$10,000
1,000
38,000
3,000
4,000
13,800
2,000
15,000
6,000
1,000
1,000
3,000
$152,300
$9,600
1,000
36,955
3,150
4,020
14,214
2,100
15,000
6,030
1,080
1,050
3,150
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
00
$10,000
1,000
38,000
3,000
4,000
13,800
2,000
15,000
6,000
1,000
1,000
3,000
00
00*
00
00
00
00
00
00
00
00
00
00
$152,814 00 $152,250 00
* A legal investment when made.
Total A m ou n t o f L oa n s , with E ach Specified R ate o f In terest.
Amount.
$222,370
20,000
20,000
121,500
563,107
199,600
50,000
Kate.
08
00
00
00
53
00
00
2f per cent.
4
“
44
“
44
“
4i
4|
4£
“
“
“
Amount.
$1,188,458
88,400
50.000
640,633
40.000
340,296
116,087
33
00
00
33
00
25
50
Bate.
Amount.
5 per cent.
5|
5|
5é
5|
6
6è
“
$9,713
190,316
114,310
165,148
10,000
137,000
Kate.
12
09
25
97
00
00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding 3,000 each,
222
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 395
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 3 , ...............................................................
Times for the dividends fixed by the by-laws ; second Wednesday in April
and October.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
6| per cent.
7
74
“
7é
“
7|
“
8
$3,000 00
4,400 00
113 59
365,050 00
246,023 69
250
R E P O E T O F TH E
[Pub. D oc
Home Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the 1 2per cent., f
$>86,308 48
year ending Oct. 31, 1893............................................................. 1 2per cent., 1
87,556 46
Number of accounts opened during the year ending Oct. 31, 1893,
2,987
Number of accounts closed during the year ending Oct. 31, 1893,
2,348
Total number of open accounts Oct. 31, 1893,
.
.
.
.
20,025
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes)..........................................................................................................
20,709 73
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.......................................................................................... 1,343,013 24
Number of same, .
...................................................... 18,906
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................ 1,393,904 99
Number of s a m e ,................................................................................. 16,638
Date of examination by commissioner: April 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
251
SA Y IN G S B A N K CO M M ISSION ERS.
HOOSAC S A V IN G S B A N K — N O R T H A D AM S.
Incorporated April 19, 1871.
0 .
A .
A
Present number of corporators, 15.
W. W.
President.
r c h e r
G
e o
. P .
L
a w r e n c e
,
R
ic h m o n d
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
D
a n ie l
J.
B
a r b e r
,
T
W. W.
B
u t l e r
im o t h y
C
o l l in s
,
.
Open for business every business day, 9 a . m . to 12 m . ; 1 to 4 p .m . ; Saturday,
until 6 p .m .
B a l a n c e Sh e e t O ctober
31, 1893.
L iabilities .
A ssets.
Public funds as per schedule, .
Bank stock as per schedule,
Real estate (for banking pur
poses), ....................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).........................................
Deposit in bank, not on interest,
Premium account,
Furniture and fixtures,
Cash on hand, .
.
.
.
$25,000 00
7,200 00
$512,325 08
10,384 07
13,012 56
Deposits, .
Guaranty fund,
Interest account,
53,665 70
318,323 36
100,603 72
5,000
2,287
2,725
6,237
14,679
00
29
00
11
53
$535,721 71
$535,721 71
Cash on Deposit in Bank : —
$2,287 29
Berkshire National Bank, North Adams,
D etailed Statem ent o f Public F u nd s.
Par Value.
City of Bay City, Mich., 5s,
of Cleveland, Ohio, 4s,
of Columbus, Ohio, 4s,
of Lynn, Mass., 4s, .
of Sioux City, Iowa, 4£s,.
of Terre Haute, Ind., 4|s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$10,000
2,000
1,000
2,000
5.000
5.000
$11,100
2,100
1,000
2,000
5,200
5,300
$25,000
$26,700 00
* A legal investment when made.
00
00
00
00
00
00
Amount Invested.
$10,000
2,000
1,000
2,000
5.000
5.000
00
00
00*
00
00
00
$25,000 00
REPORT OF THE
252
[Pub. Doc
Hoosac Savings Bank— Concluded.
D etailed Statem ent o f B a n k Stocks.
oâ
O G
>
Par Value.
'A 55
19
53
Adams N’l Bank, No. Adams,
Berkshire N’l B’k, N. Adams,
Estimated
Market Value.
Amount Invested.
$1,900
5,300
$2,128 00
5,300 00
$1,900 00
5,300 00
$7,200
$7,428 00
$7,200 00
Total A m ou n t o f L oa n s , with E a ch Specified R ate o f In terest.
Amount.
$245,079 97
Kate.
5 per cent.
Amount.
Kate.
Amount.
Kate.
$178,847 11
6 per cent.
-
-
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the sam e,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding S3,000 each, 251
Aggregate amount of the same..................................................................... ........
Total number of loans upon real e s t a t e , ............................................. 208
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, 1893.....................................................................................
Times for the dividends fixed by the by-laws : June 1 and December 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893.................................................. J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 764
Number of accounts closed during the year ending Oct. 31, 1893,
. 590
Total number of open accounts Oct. 31, 1898.....................................
2,978
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes)...........................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of same...................................................................................... 4,937
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................•
.......................................................................
Number of s a m e ,................................................................................. 2,065
Date of examination by commissioner: June 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$53,665 70
66,000 00
29,410 00
453 20
229,637 53
5,300 00
25,730 50
9,062 35
9,708 75
2,600 16
248,992 75
255,878 84
No. 8.]
SAYINGS BANK COMMISSIONERS
253
H O P K IN T O N S A V IN G S B A N K — H O P K IN TO N .
Incorporated March 23, 1867.
Present number of corporators, 31.
A lvan A. S w e e t , President.
W ebster W . P a g e , Treasurer.
W ebster W . P a g e , 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 ,
A lonzo C o b u r n ,
C h a r l e s H . M orse ,
L o w e l l B. M a y b r y ,
W . A . F r a il ,
M . V . P h ip p s .
Open for business every business day, except Saturday, 9
Saturday, 9 a .m . to 12 m .
B alance
Sh eet
O ctober
a .m .
to 12
m.
; 1.30 to 4
p .m .
;
31, 1893.
A ssets .
L ia b ilit 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
(notes).........................................
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
$24,500
57,425
500
73.000
484
210,400
4,500
00
24
00
00
42
00
00
10.000
15,768
1,000
1,016
573
00
78
00
54
05
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$399,168 03
$374,120 02
14,534 36
10,513 65
$399,168 03
Cash on Deposit in Bank: —
Hopkinton National Bank, H o p k i n t o n , ...................................................... $16,768 78
Loan on Bank Stock: —
On 7 shares Hopkinton National Bank, H o p k in to n ,.................................... $500 00
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Bangor, Me., 6s, .
of Belfast, Me., 6s, .
of Dayton, Ohio, 4s,
of Portland, Me., 6s,
County of Aroostook, Me., 4is,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$5,000
3,500
5.000
6.000
5,000
$24,500
$5,850
3,745
5,250
7,080
5,100
00
00
00
00
00
$27,025 00
Legal investments when made.
Amount Invested.
$5,000
3,500
5.000
6.000
5,000
00
00*
00*
00
00
$24,500 00
REPOET OF THE
254
[Pub. Doc
Hopkinton Savings Bank — Continued.
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
10
50
61
50
25
15
13
16
50
15
10
38
40
60
25
5
'
Greylock Nat’l Bank, Adams,
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,.
Continental Nat’l B’k, Boston,
Everett Nat’ l Bank, Boston, .
Faneuil Hall N’l B’k, Boston,.
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Nat’l Exchange Bank, Boston,
National Revere Bank, Boston,
North National Bank, Boston,.
Shawmut Nat’l B’k, Boston, .
Franklin Nat’l Bank, Franklin,
Natick National Bank, Natick,
Par Value.
Estimated
Market Value.
11,500
6,025
7,030
5,737
2,200
1,800
1,371
1,584
6,100
2,190
1,180
3,800
4,360
6,720
2,750
625
$ 1,000
5,000
6,100
5,000
2,500
1,500
1,300
1,600
5,000
1,500
1,000
3,800
4,000
6,000
2,500
500
148,300
00
00
25
50
00
00
50
00
00
00
00
00
00
00
00
00
$54,973 25
Amount Invested.
$1,500
6,500
7,320
5,900
2,500
1,950
1,404
1,600
6,250
1,950
1,300
3,800
5,000
7,200
2,750
500
00
00
00
00
00
00
00
00
00
00
00
50
00
74
00
00
$57,425 24
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Maine R.R. 4s, .
Boston,Revere Beach & Lynn R.R. 6s,
Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Nashua & Lowell R R. 5s,
Newport & Richford R.R. 5s, .
Old Colony R.R. 7s,
Old Colony R.R. 6s,
. . .
Salem & Lowell R.R. 6 s,.
Estimated
Market Value.
$5,000
10,000
10,000
10,000
5,000
10,000
10,000
1,000
2,000
10,000
$73,000
$4,900
10,500
9,800
9,800
5,150
10,400
10,300
1,005
2,070
10,700
00
00
00
00
00
00
00
00
00
00
$74,625 00
Amount Invested.
$5,000
10,000
10,000
10,000
5,000
10,000
10,000
1,000
2,000
10,000
00
00
00
00
00
00
00*
00
00
00
$73,000 00
* A legal investment when made.
Total A m ou nt o f L oa n s , w ith E ach Specified R ate o f In terest.
Rate.
Amount.
$15,768 78
107,300 00
per cent.
5
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$34,950 00
Rate.
5£ per cent.
Amount.
$83,150 00
Rate.
6 per cent.
No. 8.]
SAVINGS BANK COMMISSIONERS.
255
Hopkinton Savings Bank — Concluded.
Value, by books, of real estate held or owned 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, 182
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 198
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, 1893.....................................................................................
Times for the dividends fixed by the by-laws: first Saturday in May and
November.
Rate and amount of each semi-annual dividend during the j 2 per cent., f
year ending Oct. 31, 1893,
............................................. >2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 174
Number of accounts closed during the year ending Oct. 31, 1893,
. 148
Total number of open accounts Oct. 31,1893....................................
1,217
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of same...........................................................................................828
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of s a m e , .....................................................................................820
Date of examination by commissioner: June 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$484 42
7-50 00
125,500 00
484 42
20,590 31
7,041 29
7,256 03
1,993 06
65,515 29
71,340 68
256
REPORT OF THE
[Pub. Doc
H U D SO N S A V IN G S B A N K — H U DSON.
Incorporated P'eb. 26, 1869.
Present number of corporators, 38.
E dm u n d M. S t o w e , President.
D a n ie l W . S tkatton , Treasurer.
F e e d O. W e l s h , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
E d m u n d M. St o w e ,
Joseph S. B r a d l e y ,
H orace E . S t o w e ,
L u m a n T . Jefts ,
G eorge B. C o c h r an .
Open for business every business day, except Saturday, 9 a . m . to 12
9 a . m . to 12 m . ; 1 to 5 p . m . ; 6 to 8 p . m .
Balance
Sheet
O ctober
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
(notes).........................................
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
m.
; Saturday,
31, 1893.
L ia b ilit ie s .
$100,400
55,600
500
92,000
411
436,200
21,250
00
00
00
00
97
00
00
49,200
5,300
49
172
1,246
00
00
94
50
25
$762,330 66
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$729,402 24
17,200 00
3,990 59
11,737 83
$762,330 66
Cash on Deposit in Bank : —
Hudson National Bank, Hudson,
Loan on Bank Stock : —
On 8 shares Hudson National Bank, Hudson,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,349 94
No. 8.]
SAYINGS BANK COMMISSIONERS.
257
Hudson Sayings Bank — Continued.
D etailed Statem ent o f Public F u nd s.
Par Value.
Town of Clinton, Mass., 4s,
of Hopkinton, Mass., 4s,
of Melrose, Mass., 4s, .
City of Cleveland, Ohio, 6s,
of Columbus, Ohio, 4s, .
of Fall River, Mass., 5s, .
of Fall River, Mass.. 6s, .
of Grand Rapids, Mich., 5s,
of Taunton, Mass., 4s,
of Brockton, Mass., 4s,
of Chicago, 111., 4s, .
of Springfield, Ohio, 5s, .
Town of Chicopee, Mass., 4s., .
City of Marlborough, Mass , 4s,
|12,000
5,000
10,000
5,000
7,000
5,000
2,000
5,000
5,000
20,400
5,000
5,000
4,000
10,000
$100,400
Estimated
Market Value.
$12,000
5,000
10,000
5,150
6,650
5,600
2,150
5,150
5,000
20,400
4,850
5,250
4,000
10,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$12,000
5,000
10,000
5,000
7,000
5,000
2.000
5,000
5,000
20,400
5,000
5,000
4,000
10,000
00
00
00
00
00*
00
00
00
00
00
00
00
00
00
$101,200 00 $100,400 00
* A legal investment when made.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
25
4
60
60
27
87
75
50
52
50
25
50
35
6
Tar Value.
Howard Nat’l Bank, Boston, .
Shoe & Leather N'l B’k, Boston,
State National Bank, Boston, .
Third National Bank, Boston,.
Natl Webster Bank, Boston, .
Old Boston Nat’l Bank, Boston,
Hudson Nat’l Bank, Hudson, .
National City Bank, Lynn,
First National Bank, Chelsea,
People’s N’l B’k, Marlborough,
Boston Nat’l Bank, Boston,
N’l B’k of No. America,Boston,
N’l Hide & Leather B’k, Boston,
North National Bank, Boston,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,500
400
6,000
6,000
2,700
3,700
7,500
5,000
5,200
5,000
2,500
5,000
3,500
600
$55,600
Estimated
Market Value.
$2,475
360
6,142
5,220
2,430
3,663
8,625
9,750
5,213
5,750
2,312
5,262
3,692
654
00
00
50
00
00
00
00
00
00
00
50
50
50
00
$61,550 00
Amount Invested.
$2,500
400
6,000
6,000
2,700
3,700
7,500
5,000
5,200
5,000
2,500
5,000
3,500
600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$55,600 00
REPORT OF THE
258
[Pub. Doc
Hudson Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds.
j
Boston & Lowell R.R. 5s,
Boston & Maine R.R. 4s, .
Boston, Revere Beach & Lynn R.R. 6s,
Cheshire R.R. 6s,
Concord
Montreal R.R. 4s, .
Eastern R.R. 6s,
Fitchburg R.R. 5s, .
Old Colony R.R. 6s,.
Upper Coos R.R. 4is,
Troy & Boston R R. 7s, .
Par Value.
$5,000
16,000
10,000
5.000
10,000
5.000
20,000
6.000
10,000
5,000
$92,000
Estimated
Market Value.
$5,150
15,680
10,500
5,200
9,800
5,850
20,840
6,300
10,000
6,750
Amount Invested.
00
00
00
00
00
00
00
00
00
00
$96,070 00
$5,000
16,000
10,000
5.000
10,000
5.000
20,000
6.000
10,000
5,000
00
00
00
00
00
00
00
00
00
00
$92,000 00
Total A m ou n t o f L oa n s , w ith E ach Specified R ate o f Interest.
Amount.
$5,300 00
19,200 00
30,000 00
Kate.
Amount.
Kate.
24 per cent.
4
“
4i
“
$144,575 00
187.500 00
123,425 00
5 per cent.
54
“
6
Amount.
$100 00
1,150 00
1,200 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
.
.
Number of loans which are of an amount not exceeding $3,000 each,. 302
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 323
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in
January and July.
Rate and amount of each semi-annual dividend during the r 2 per cent, r
year ending Oct. 31, 1 8 9 3 ,...................................................... } 2 per cent., j
Number of accounts opened during the year ending Oct. 31, 1893, . 509
Number of accounts closed during the year ending Oct. 31, 1893,
. 345
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,482
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.........................................................................................
Number of same...................................................................................... 2,619
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of s a m e ,................................................................................. 1,708
Date of examination by commissioner: January 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
64 per cent.
7
74
“
$411 97
550 00
43 01
283,350 00
37,158 14
12,698 84
13,502 95
1,764 00
188,278 00
153,415 44
No. 8.]
SAYINGS BANK COMMISSIONERS
259
H Y D E P A U 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, 34.
R obert B l e a k ie , President.
A r t h u r H . B u r t , Treasurer.
A r t h u r H. B urt , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
R obert B l e a k ie ,
H e n r y S. B unton ,
W il l ia m J. S tuart ,
'D a v id P e r k in s ^
F r e d k . N. T ir r e l l .
Open for business every business day, 2 to 6
7 to 9
B alance
Sheet
p .m .
; also Wednesday and Saturday,
p .m .
O ctober
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
( n o t e s ) ,....................................
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
31, 1893.
L ia b ilit ie s .
$3,700
65.000
241,165
72,813
00
00
00
00
34.000
3,506
250
496
1,738
00
42
55
27
24
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$422,669 48
$381,950 15
14,269 58
7,631 46
18,818 29
$422,669 48
Cash on Deposit in Banks, amount in each : —
North National Bank, Boston,
National Exchange Bank, Boston,
Maverick National Bank, Boston,
$1,473 34
2,033 08
250 55
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
13
10
14
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
Par Value.
Estimated
Market Value.
$1,300
1,000
1,400
$1,300 00
1,180 00
1,750 00
$1,300 00
1,000 00
1,400 00
$3,700
$4,230 00
$3,700 00
Amount Invested.
260
[Pub. Doc.
REPORT OF THE
Hyde Park Savings B ank— Concluded.
D etailed Statem ent o f R ailroad Bonds.
**
Par Value.
Boston & Albany R.R 6s,
Boston & Maine R.R. 7s, .
Boston, Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 5s, .
Old Colony R.R. 6s,
. . .
Old Colony R.R. 7s,
. . .
Maine Central R.R. 7s,
Upper Coos R.R. 4s,
. . .
$4,000
1,000
5,000
10,000
5,000
1,000
29,000
10,000
$65,000
Estimated
Market Value.
$4,040
1,005
5,275
10,235
5,250
1,010
37,700
9,000
00
00
00
00
00
00
00
00
$73,515 00
Amount Invested.
$4,000
1,000
5,000
10,000
5,000
1,000
29,000
10,000
00
00
00
00
00
00
00
00
$65,000 00
Total A m ou n t o f L o a n s , with E a ch Specified Rate o f In terest.
Amount.
$3,506 42
34.000 00
16.000 00
Kate.
2J per cent.
4
“
4£
“
Amount.
$28,000 00
16,000 00
245,778 00
Rate.
5 per cent.
5i
“
6
“
Amount.
$3,000 00
2,900 00
2,300 00
Rate.
6£ per cent.
7
8
Number of loans which are of an amount not exceeding $3,000 each, 175
Aggregate amount of the s a m e , ........................................................................ $213,434 42
Total number of loans upon real e s t a t e , .............................................164
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,............................................................... .........
.
23,910 71
Times for the dividends fixed by the by-laws : January 15 and July 15.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
6,675 88
year ending Oct. 31, 1893.......................................................... 1 2 per cent, 1
7,069 54
Number of accounts opened during the year ending Oct. 31, 1893,
. 569
Number of accounts closed duringthe year ending Oct. 31, 1893,
. 425
Total number of open accounts Oct 31, 1893,
.
.
.
2,505
Total expenses of the corporation for the year ending Oct. 31, 1893
(exclusive of ta x e s ),........................................................................ ........
1,788 75
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
180,326 70
Number of same............................................................................... 4,296
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893............................................................................................................
190,998 47
Number of s a m e ,.......................................................................... 2,948
Date of examination by commissioner: January 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
261
SAYINGS BANK COMMISSIONERS
IN S T IT U T IO N FOR SA V IN G S I N N E W B U R Y P O R T AN D
IT S V IC IN IT Y — N E W B U R Y P O R T .
Incorporated Jan. 31, 1820.
Present number of corporators, 82.
E d w a r d S. M o s e l y , President.
P h il ip K. H il l s , Treasurer.
L a w r e n c e W . P ip e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
E d w a r d S. M o se ly ,
Sa m u e l M a r c h ,
W il l ia m H. S w a s e y ,
H e n r y B. L it t l e ,
*
L . B. C u s h in g .
Open for business every business day, except Saturday, 9
Saturday, close at 1 p . m .
B alance
Sheet
O ctober
to 1 p . m . ; 2.30 to 4
p .m .
;
31,1893.
L iab ilit 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 railroad bonds, .
Loan on railroad stock,
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
( n o t e s ) ,....................................
Deposits in banks, on interest, .
Cash on hand, .
.
.
.
a .m .
$1,192,000
942,470
58,275
550.000
15,800
50.000
220.000
00
00
00
00
00
00
00
10.000
508
825,077
1,461,628
00
50
00
75
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$5,427,979 75
275,000 00
62,960 21
319,400 00
120,076 43
704 28
$5,765,939 96
$5,765,939 96
Cash on Deposit in Banks, amount in each: —
$12,629
35.000
15.000
25.000
15.000
17,447
First National Bank, Newburvport,
.
.
.
.
Powow River National Bank, Amesbury, .
Amesbury National Bank, Amesbury, .
.
.
.
Essex National Bank, Haverhill,....................................
First National Bank, Merrimac.........................................
National Revere Bank, B o s t o n ,....................................
27
00
00
00
00
16
Loans on Bank Stock, amount on each : —
On 88 shares Merchants’ National Bank, Newburyport,
On 53 shares Mechanicks’ National Bank, Newburyport,
On 22 shares Ocean National Bank, Newburyport,
On 4 shares Ocean National Bank, Newburyport,
On 5 shares Mechanicks’ National Bank, Newburyport,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1
$5,325 00
900 00
}
700 00
262
REPOET OF THE
[Pub. Doc
Institution for Savings in Newburyport, etc. — Continued.
On 7 shares Mechanicks’ National Bank, Newburyport,
.
.
.
.
On 1 share Mechanicks’ National Bank, Newburyport,
.
.
.
.)
On 4 shares Columbian National Bank, B oston ,............................................. 1
On 125 shares Traders’ National Bank, B o sto n ,..................................................
On 200 shares Broadway National Bank, B o s t o n , ....................................
On 100 shares Merchants’ National Bank, B o s t o n , .........................................
On 75 shares Fourth National Bank, Boston...........................................................
On 55 shares Second National Bank, H averh ill,............................................. 1
On 40 shares Amesbury National Bank, A m e s b u r y ,.................................... J
$650 00
8,75000
16,000 00
10,00000
7,50000
8 000 00
’
Loans on Railroad Bonds, amount on each : —
On $1,000 Boston & Maine R .R . 7 s , ............................................................... $800 00
On $15,000 Worcester, Nashua & Rochester R .R . 4 s , ....................................
15,000 00
Loan on Railroad Stock : —
On 443 shares Boston & Maine R . R . , ............................................................... $50,000 00
D etailed Statem ent o f P u blic F unds.
Par Value.
City of Boston, Mass., 34s,
of Boston, Mass., 4 s,.
of Bangor, Me., 7s, .
of Chelsea, Mass ,4s,
of Concord, N H ., 6s,
of Dayton, Ohio, 5s, .
of Des Moines, Iowa, 4±s,.
of Dover, N. H ,, 4s, .
of Holyoke, Mass., 6s,
of Lynn, Mass., 3£s, .
of Lynn, Mass., 4s, .
of Lynn, Mass., 6s, .
of Lewiston, Me., 6s,.
of Lawrence, Mass., 4s,
of Lowell, Mass., 4 s,.
of Nashua, N. H., 4s,
of Newburyport, Mass., 4s,
of Portsmouth, N. H , 4s, .
of Somerville, Mass., 4s, .
of Springfield, Mass., 7s, .
of Waltham, Mass., 4s,
of Worcester, Mass., 3^s, .
Town of Beverly, Mass., 4s,
of Marlborough, Mass., 4s,
of Marblehead, Mass., 4s,
of Turner’s Falls, Mass, 4s,
City of Chicopee, Mass., 4s,
of Haverhill, Mass., 4s,
of Salem, Mass., 4s, .
Town of Stoughton, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
150,000
25,000
32,000
15,000
15,000
25,000
20,000
25,000
25,000
75,000
50,000
10,<)00
30,000
20,000
25,000
177,000
50,000
11,000
40,000
19,000
25,000
14,000
31,000
28,000
10,000
25,000
75,000
45,000
50,000
Estimated
Market Value.
$47,500 00
152,500 00
28,750 00
32,000 00
15,360 00
15,300 00
25,000 00
20,000 00
28,500 00
24,000 00
75,000 00
51,250 00
11,200 00
30,000 00
20,000 00
25,000 00
177,000 00
50,000 00
11,000 00
48 800 00
19,000 00
24,000 00
14,000 00
31,000 00
28,000 00
9,800 00
25,000 00
75,000 00
45,000 00
50,000 00
Amount Invested.
$50,000
150,000
25,000
32,000
15,000
15,000
25,000
20,000
25,000
25,000
75,000
50,000
10,000
30,000
20,000
25,000
177,000
50,000
11,000
40,000
19,000
25,000
14,000
31,000
28,000
10,000
25,000
75,000
45,000
50,000
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
$1,192,000 $1,208,960 00 $1,192,000 00
* A legal investment when made.
No. 8 .]
263
SA V IN G S B A N K CO M M ISSION ERS.
Institution for Savings in Newburyport, ete. — Continued.
No. of
Shares.
D etailed Statem ent o f B ank Stocks.
122
750
47
37
100
108
300
221
500
286
74
100
240
100
270
142
250
150
267
508
83
173
100
302
60
258
375
480
200
400
69
225
280
500
208
353
200
60
215
1226
105
14
Par Value.
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Blackstone Nat’l B'k, Boston, .
Boston National Bank, Boston,
Old Boston N’l Bank, Boston,.
National City Bank, Boston, .
Columbian Nat’l B’k, Boston,.
N’l Bank of Commerce, Boston,
National Bank of the Com
monwealth, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
Nat’l Exchange Bank, Boston,
Fanenil Hall N’l B’k, Boston,.
First 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,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Massachusetts N’l B’k, 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,
N’l B’k of Redemption, 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, .
Traders’ Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
National Union Bank, Boston,
Washington N’l Bank, Boston,
Nat’l Webster Bank, Boston, .
Gloucester N’l B’k, Gloucester,
Mechanicks’ Nat’l Bank, New
bury port,
.
.
.
.
Merchants’ Nat’l Bank, Newburyport,
.
.
.
.
Ocean N’l B’k, Newburyport,
First Nat’l B’k, Newburyport,
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
$14,701
86,437
4,242
3,441
9,900
9,315
30,000
26,078
$12,200
75,000
4,700
3,700
10,000
10,800
30,000
22,100
00
00
00
00
00
00
00
00
50,000
28,600
7,400
10,000
24,000
10,000
27,000
14,200
25,000
15,000
26,700
50,800
8,300
17,300
10,000
30,200
6,000
25,800
37,500
48,000
20,000
40,000
6,900
22,500
28,000
50,000
20,800
35,300
20,<)00
6,000
62,625
27,170
8,547
11,800
28,800
23,750
28,620
13,064
28,500
15,825
26,433
46,736
7,885
24,739
15,725
32,918
6,315
32,379
37,500
86,880
22,400
36,000
7,124
20,812
25,200
47,000
26,988
35,388
18,300
8,130
50,000
28,600
7,400
10,000
24,000
10,000
27,000
14,200
25,000
15,000
26,700
50,800
8,300
17,300
10,000
30,200
6,000
25,800
37,500
48,000
20,000
40,000
6,900
22,500
28,000
50,000
20,800
35,300
20,000
6,000
21,500
24,940
21,500 00
24,520
5,250
1,400
31,876
6,195
1,750
21,520 00
5,250 00
1,400 00
$942,470
$1,062,428
$942,470 00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
00
00
00
00
264
R E P O R T O F TH E
[Pub. D oc
Institution for Savings in Hewburyport, etc. — Continued.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 6s,
Concord & Montreal R.R. 4s, .
Dexter & Piscataquis R.R. 4 s,.
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,
. . .
Portland & Kennebec R.R. 6s,.
Vermont & Massachusetts R.R. 5s, .
$100,000
5,000
25.000
15.000
50.000
75.000
80.000
25.000
135,000
15.000
25.000
$550,000
Estimated
Amount Invested.
Market Value.
$98,500
5,175
24.500
14,700
58.500
72.750
80,000
25.750
135,000
15,150
26,250
00 $100,000 00
5,000 00
00
25.000 00
00
15.000 00
00
50.000 00
00
75.000 00
00
80.000 00
00
00
25.000 00
135,000 00
00
15.000 00
00
25.000 00
00
$556,275 00 $550,000 00
Total A m ou nt o f L oa n s , with E ach Specified Rate o f In terest.
Kate.
Amount.
$12 629
17,447
21,900
266,500
24.000
255,000
27
16
00
00
00
00
2 f s per cent.
2|
“
34
“
4
“
4|
“
44
“
Kate.
Amount.
$193,000
1,052,038
424,000
184,795
20,000
267,647
00
75
00
00
00
00
41 per cent.
5
54
“
54
“
5|
6
“
Kate.
Amount.
$100,000
127,500
40,000
58,800
5,000
00
00
00
00
00
Amount invested in real estate for banking purposes, .
.
.
.
.
Estimated value of the s a m e , ........................................................................
Assessed value of the same, .................................................................................
Value, by books, of other real estate held or owned by foreclosure or
o th e r w ise ,............................................................................................................
Assessed value of the s a m e ,................................................................................
Number of loans which are of an amount not exceeding $3,000 each, . 439
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 456
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : fourth Wednesday in April
and October.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
64 per cent.
7
74
“
8
“
9
“
$ 10,000 00
18,000 00
19,500 00
508 50
600 00
455,052 00
608 50
263,844 59
No. 8 .]
SA Y IN G S B A N K
CO M M ISSION ERS.
265
Institution for Savings in Newburyport, e t c . — Concluded.
Rate and amount of each semi-annual dividend during the ) 2 per cent., j $105,653 96
105,346 63
year ending Oct. 31, 1 8 9 3 ,............................................. i 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
975
Number of accounts closed during the year ending Oct. 31, 1893,
1,012
Total number of open accounts Oct. 31, 1893,
.
.
.
.
11,530
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
7,921 29
clusive of taxes).................................................................
.
.
.
.
Amount of deposits, not including dividends, received during the year end
516,591 62
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .................................................................................5,679
Amount of withdrawals, including dividends, during the year ending Oct.
728,590 31
31, 1893.....................................................................................................................
Number of same......................................................................................7,390
Date of examination by commissioner: October 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
266
R E P O R T O F TH E
IN S T IT U T IO N - FOR
S A V IN G S
IN
[Pub. D oc.
ROXBURY
AND
ITS
V IC IN IT Y — BOSTON.
Incorporated Feb. 22, 1825.
Present number of corporators, 46.
J ohn D . W il l ia m s , President.
E d w ard R ichards , Treasurer.
E d w ard R ich ard s , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
A ugustus R ich ardson ,
John D. W il l ia m s ,
W a lt er H. Co w in g ,
A therton T. B row n ,
W il l ia m F. D a y .
Open for business every business day, 9 a .m . to 3 p .m .
B a l a n c e S h eet O ctober
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, .
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, .
.
.
.
31, 1893.
L iabilities .
$481,000
160,760
210,067
654,500
55,000
350,000
1,903,452
1,387,800
00
00
09
00
00
00
89
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count,
$5,537,169 85
225,000 00
42,694 04
2,600 00
332,500 00
235,292 68
37,091 23
$5,807,463 89
$5,807,463 89
Cash on Deposit in Banks, amount in each : —
National Rockland Bank, Boston,.
Washington National Bank, Boston,
Second National Bank, Boston,
$78,781 65
100,306 89
56,204 14
Loans on Public Funds, amount on each : —
On $2,500 United States 4s, .
On $2,000 City of Lowell, Mass , 4s,
On $1,000 City of Cambridge, Mass , 4s,
On $1,000 Old Colony R .R. 44s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
•I
$2,500 00
1,460 00
1,800 00
No. 8 .]
267
SA V IN G S B A N K CO M M ISSION ERS.
Institution for Savings in Roxbury and its Vicinity — Continued.
1
On $39,000 City of Lowell, Mass., 4s, .
On $11,000 City of Newton, Mass., 4s...............................
On $2,000 Portsmouth, Great Falls & Conway R.R. 44s,
On $500 Eastern R.R. 6 s , .............................................
On $18,000 City of Boston, Mass., 4s, .
On $10,000 City of Boston, Mass., 34s, .
.
.
.
On $5,000 City of Haverhill, Mass., 4s,
. . .
On $9,000 City of Newton, Mass., 4s, .
On $8,000 City of Newton, Mass., 4s, .
.
.
.
On $2,000 City of Waltham, Mass., 4s, .
On $10,000 City of Boston, Mass., 4s, .
.
.
.
On $22 000 City of Milwaukee, Wis , 5s,
On $28,000 City of Milwaukee, Wis., 5s,
\ $50,000 00
i
J
]
^
50,000 00
I
J
J
30,000 00
25,000 00
Loans on Railroad Bonds, amount on each : —
On $32,000 Upper Coos R .R. 4 4 s ,........................................................................$30,000 00
On $26,000 Boston & Maine R.R. 4 s , ...............................................................
25,000 00
D etailed Statem ent o f Public F u nd s.
Par Value.
City of
of
of
of
of
of
of
Boston, Mass., 4s,
Boston, Mass., 6s,
Bangor, Me., 6s, .
Cambridge, Mass., 6 s,.
Dayton, Ohio, 6s,
Fitchburg, Mass., 4s, .
Lynn, Mass., 4s, .
Estimated
Market Value.
Amount Invested.
$136,000 $138,180 00 $136,000 00
32.000 00
32.000 00
32.000
10.000 00
10.000 00
10.000
2,000 00
2,000 00
2,000
41,000 00*
41,000 00
41,000
100,000 00
100,000 00
100,000
160,000 00
160,000 00
160,000
$481,000
$483,180 00
$481,000 00
* A legal investment when made.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
60
50
15
37
200
5
30
25
257
210
Par Value.
Atlas National Bank, Boston, .
Atlantic Nat’l Bank, Boston, .
N’l B’k of Commerce, Boston,
National Eagle Bank, Boston,
First National Bank, Boston, .
Howard Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
People’s Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,000
5,000
1,500
3,700
20,000
500
3,000
2,500
25,700
21,000
Estimated
Market Value.
$6,900
6,000
1,755
3,441
47,000
495
3,420
2,300
28,013
34,230
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$6,000
5,000
2,000
4,144
20,000
606
3,580
2,500
25,680
21,000
00
00
00
00
00
25
00
00
47
00
[Pub. D oc
R E P O R T O F TH E
268
Institution for Savings in Boxbury and its Vicinity — Continued.
No. of
Shares.
D etailed Statem ent o f B ank Stocks — Concluded.
Estimated
Par Value.
173 Nat’l Rockland Bank, Boston,
150 Nat’l Revere Bank, Boston,
21 N’l B’k of the Republic, Boston,
52 State National Bank, Boston, .
55 Second Nat’l Bank, Boston,
8 Shoe & Leather N’l B’k, Boston,
9 Suffolk Nat’l Bank, Boston,
32 Tremont Nat’l Bank, Boston,
510 Washington Nat’l B'k, Boston,
20 First National Bank, Danvers,
50 Third National Bank, Boston,.
$25,085
15,000
3,066
5,304
9,955
680
828
3,008
51,000
1,000
4,450
$17,300
15,000
2,100
5,200
5,500
800
900
3,200
51,000
1,500
5,000
$196,400
Amount Invested.
Market Value.
00
00
00
00
00
00
00
00
00
00
00
$19,430
15,000
2,698
5,993
5,500
872
1,070
3,762
58,729
1,500
5,000
00
00
87
00
00
00
25
75
50
00
00
$252,930 00 $210,067 09
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Fitchburg R.R. 4s..............................
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
.
.
.
Boston & Lowell R.R. 7s,
Boston & Maine R.R. 7s, .
Old Colony R.R. 7 s ,.
Amount Invested.
$150,000 $141,000 00 $140,000 00
257.000 00
257.000 00
257.000
100.000 00
102.000 00
100.000
12,000 00
12,000 00
12,000
141,500 00
141,500 00
141,500
4,000 00
4,000 00
4,000
$664,500
|
Estimated
Market Value.
$657,500 00
$654,500 00
Total A m ou nt o f L oa n s , w ith E ach Specified R ate o f Interest.
Amount.
$235,292
96,500
144,500
38.000
766,800
68.000
Kate.
68
00
00
00
00
00
24 per cent.
4
“
44
“
4|
“
44
“
4|
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
Amount.
$156,000
205.000
1,830,422
220.000
55,000
77,840
00
00
03
00
00
86
4| per cent.
4£
“
5
»
54
“
5f
54
»
Amount.
$50,000
356,950
40.000
49,500
35.000
Kate.
00
00
00
00
00
51 per cent.
6
64
7
8
“
No. 8 .]
S A Y IN G S B A N K CO M M ISSION ERS.
269
Institution for Savings in Roxbury and its Vicinity — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, 253
Aggregate amount of the s a m e , ........................................................................ $456,942 00
Total number of loans upon real estate....................................................... 406
Gross amount of interest or profits received or earned, as per books, dur
288,555 86
ing year ending Oct. 31, 1893..............................................................................
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
105,613 34
Rate and amount of each semi-annual dividend during the j 2 per cent., (
104,524 73
year ending Oct. 31, 1893.......................................................... J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
2,360
Number of accounts closed during the year ending Oct. 31, 1893,
2,399
Total number of open accounts Oct. 31, 1893,
.
.
.
.
14,278
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
15,681 92
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,......................................................................................... 1,087,436 00
Number of s a m e , ................................................................................ 15,724
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.................................................................................................................... 1,289,293 42
Number of s a m e , .................................................................................14,387
Date of examination by commissioner: August 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
R E P O R T O F TH E
270
[Pub. Doc
IP S W IC H S A V IN G S B A N K — IP S W IC H .
Incorporated March 20, 1869.
Present number of corporators, 23.
J o se p h R oss , President.
T h e o d o k e F. C o g g s w e l l , Treasurer.
T h e o d o r e F. C o g g s w e l l , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W i l l i a m W il l c o m b ,
J. B . G r a n t ,
R obert Jordan,
C. A . S a y w a r d ,
T homas H . L o r d .
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 c to b er
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 ) ,....................................
Deposits in banks, on interest, .
Cash on hand, .
.
.
.
p .m .
; Saturday, 3 to 5 p .m .
31, 1893.
L iabilities .
$75,830
62,898
76,000
12,273
201,370
5,740
00
00
00
34
00
56
Deposits, .
Guaranty fund,
Interest account,
$455,778 81
11,650 00
5,513 09
5,000 00
30,694 81
3,135 19
$472,941 90
$472,941 90
Cash on Deposit in Banks, amount in each : —
Fourth National Bank, Boston,
.
Merchants’ National Bank, Salem,
First National Bank, Salem, .
.
First National Bank, Ipswich,
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
.
.
.
$17,298
7,363
837
5,196
10
44
14
13
No. 8 .]
271
SA V IN G S B A N K COM M ISSION ERS
Ipswich Savings Bank — Continued.
D etailed sta tem en t o f Public F u nd s.
Par Value.
City of
of
of
of
of
of
of
of
of
of
Bangor, Me., 6s, .
Boston, Mass., 3^s,
Boston, Mass., 4s,
East Saginaw, Mich., 4^s, .
Keene, N. H., 5s,
Lewiston, Me., 5s,
Providence, R. I., 5s, .
Salem, Mass., 4s, .
Haverhill, Mass., 4s, .
Lynn, Mass., 4s, .
$1,000
15,000
10,000
5,000
2,500
2,000
5,000
20,000
10,000
5,000
$75,500
Estimated
Market Value.
$1,000
15,000
10,350
5,250
2,750
2,240
5,750
20,700
10,300
5,150
00
00
00
00
00
00
00
00
00
00
$78,490 00
Amount Invested.
$930
15,000
10,000
5,000
2,500
2,000
5,000
20,000
10,200
5,200
00
00
00
00
00
00
00
00
00
00
$75,830 00
No. of
Shares.
D etailed Statem ent o f B an k Stocks.
10
10
10
4
18
20
25
10
20
36
25
40
8
30
4
10
24
23
8
63
13
43
122
19
27
21
15
Par Value.
Atlas National Bank, Boston,.
Blackstone Nat’l Bank, Boston,
Continental N’l Bank, Boston,
Nat’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’ Nat’l Bank, Boston,
N’l B'k of the Republic, Boston,
New England N’l B’k, Boston,
National Revere Bank, Boston,
N’l B’k of Redemption, Boston,
Second National Bank, Poston,
Tremont Nat’l Bank, Boston, .
National Union Bank. Boston,
Gloucester N’l B’k, Gloucester,
Nat’l Grand Bank, Marblehead,
Asiatic National Bank, Salem,
Nat’l Exchange Bank, Salem, .
First National Bank, Salem, .
Merchants’ Nat’l Bank, Salem,
Mercantile N’l Bank, Salem, .
Naumkeag Nat’l Bank, Salem,
Salem National Bank, Salem,
First National Bank, Ipswich,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$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
2,300
800
1,890
1,300
4,300
6,100
1,900
2,700
2,100
1,500
$55,290
Estimated
Market Value.
$1,150
900
1,250
472
2,124
2,120
2,250
1,140
2,000
5,256
3,687
6,400
800
3,765
724
900
3,000
3,105
1,000
2,142
1,300
4,816
8,174
2,128
3,726
2,625
1,500
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
$68,454 00
Amount Invested.
$1,000
1,000
1,000
400
1,800
2,000
2.500
1,000
2,000
4,032
3,150
5,800
800
3,600
580
1,000
3,048
2,875
800
1,890
1,300
4,945
7,320
1,900
3,348
2,310
1,500
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
$62,898 00
272
E E P O E T O F TU E
[Pub. D oc.
Ipswich Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4is,
Boston & Lowell R.R. 5s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4±s, .
.
.
.
Maine Central R.R. 4is, .
Old Colony R.R. 4s,
. . .
Estimated
Market Value.
$ 10,000
1,000
10,000
15.000
10.000
10,000
20,000
$10,000
1,030
10,500
15.000
10.000
10,300
20,400
$76,000
$77,230 00
Amount Invested.
00
00
00
00
00
00
00
$10,000
1,000
10,000
15.000
10.000
10,000
20,000
00
00
00
00
00
00
00
$76,000 00
Total A m ou n t o f L o a n s , with E ach Specified Rate o f In terest .
Amount.
$837 14
29,857 67
Kate.
2i| per cent.
3
“
Amount.
$3.000 00
10,500 00
Rate.
4J per cent
5
Amount.
$3,700 00
194,910 56
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, . 188
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real estate....................................................... 189
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : fourth Wednesday in Jan
uary and July.
Rate and amount of each semi-annual dividend during the ) 2^ per cent., f
year ending Oct. 31, 1893.......................................................... } 2| per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 341
Number of accounts closed during the year ending Oct. 31, 1893,
. 220
1,935
Total number of open accounts Oct. 31, 1893....................................
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e ,.......................................................................................... 1,844
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , .......................................................................................... 1,285
Date of examination by commissioner: April 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
5^ per cent.
6
“
$12,273 34
14,250 00
235 50
173,294 56
23,945 11
9,017 14
9,659 38
1,460 66
111,273 62
96,133 15
No. 8 .]
SA V IN G S B A N K CO M M ISSIO N ERS
273
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.
H
e z e k ia h
Present number of corporators, 43.
P l u m m e r , President.
W il l i a m W . S p a l d i n g , Treasurer.
W i l l i a m W . S p a l d in g , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
R. H . T e w k s b u r y ,
J. S. N e e d h a m ,
H e z e k ia h P l u m m e r ,
J o h n R. P o or ,
A. E. M a c k .
Open for business every business day, 9
a .m .
to 1 p .m . ; also Saturday, 7 to 8
B a l a n c e Sh e e t O ctober
31, 1893.
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 or towns
(notes).........................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand................................
p .m .
L iabilities .
$97,500
81,800
20,880
135,000
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
$955,772 64
22,750 00
38,098 80
33,000 00
388,752 00
150,260 00
37,500
960
64,833
1,433
4,702
00
00
07
95
42
$1,016,621 44
$1,016,621 44
Cash on Deposit in Banks, amount in each : —
Arlington National Bank, Lawrence..................................
Pacific National Bank, Lawrence,....................................
Lawrence National Bank, Lawrence,
.
*
*
*
.
$29,833 07
25.000 CO
10.000 00
Loans on Bank Stock, amount on each: —
On
On
On
On
On
On
25 shares Old Lowell National Bank, Lowell,
5 shares Pacific National Bank, Lawrence,
100 shares Arlington National Bank, Lawrence,
80 shares National Bank of Methuen, Methuen,
21 shares Bay State National Bank, Lawrence,
17 shares Andover National Bank, Andover, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000 00
380 00
10,000 00
|
8,000 00
1,500 00
[Pub. D oc
R E P O R T O F TH E
274
Lawrence Savings Bank — Continued.
D etailed ¡Statement o f P u blic F u n d s.
Par Value.
City of Cleveland, Ohio, 5s,
of Concord, N. H., 4s,
of Dayton, Ohio, 5 s,.
of Dayton, Ohio, 6s,.
of Detroit, Mich., 4s,
of Fall River, Mass., 6s, .
of Keene, N. H., 4s, .
of Lawrence, Mass., 6s, .
of Lowell, Mass., 4s,
of Nashua, N. II., 4s,
of Pawtucket, R. I., 6s, .
of Portsmouth, N. H., 4s,
of Saginaw, Mich., 4|s, .
of Waltham, Mass., 4s, .
Town of Danvers, Mass., 4s, .
United States 6s,
.
.
.
.
City of Springfield, Ohio, 6s, .
$6,085
5,066
10,225
5,275
5,016
2,360
11,096
1,025
1,003
5,083
3,105
15,200
5,087
5,066
7,595
1,035
10,652
$6,000
5,000
10,000
5,000
5,000
2,000
11,000
1,000
1,000
5,000
3,000
15,000
5,000
5,000
7,500
1,000
10,000
$97,500
*
Estimated
Market Value.
00
67
00
00
67
00
67
00
33
33
00
00
50
67
00
00
00
$99,977 84
Amount Invested.
$6,000
5,000
10,000
5,000
5,000
2,000
11,000
1,000
1,000
5,000
3,000
15,000
5,000
5,000
7,500
1,000
10,000
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00 .
$97,500 00
Legal investments when made.
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
20
29
55
24
16
95
15
56
20
10
■27
54
23
103
54
58
40
89
20
10
Par Value.
Atlas National Bank, Boston, .
Blackstone Nat’l B’k, Boston, .
Central Nat’l Bank, Boston, .
Eliot National Bank, Boston, .
First Ward Nat’l B’k, Boston,
Fourth National Bank, Boston.
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
National City Bank, Boston, .
Nat’l B’k of Commerce, Boston,
National Bank o f the Com
monwealth, Boston,
Nat’l Bank of North America,
Boston,...................................
N’l Hide & Leather B’k, Boston,
State National Bank, Boston, .
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Arlington Nat’l B’k, Lawrence,
Lawrence Nat'l B’k, Lawrence,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,000
2,900
5,500
2,400
1,600
9,500
1,500
5,600
2,000
1,000
2,700
5,400
2,300
10,300
5,400
5,800
4,000
8,900
2,000
1,000
$81,800
Estimated
Market Value.
$2,305
2,617
8,456
2,772
2,040
11,875
1,485
5,152
2,860
862
3,186
00
25
25
00
00
00
00
00
00
50
00
6,763 50
2,420
10,866
5,542
5,046
3,800
8,188
2,560
1,115
75
50
00
00
00
00
00
00
$89,912 75
Amount Invested.
$2,000
2,900
5,500
2,400
1,600
9,500
1,500
5,600
2,000
1,000
2,700
00
00
00
00
00
00
00
00
00
00
00
5,400 00
2,300
10,300
5,400
5,800
4,000
8,900
2,000
1,000
00
00
00
00
00
00
00
00
$81,800 00
No. 8 .]
275
SA V IN G S B A N K COM M ISSION ERS
Lawrence Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Albany R.R. ,5s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls & Conway
R.R. 4 | s , ...................................
Old Colony R.R. 4^s,
$10,000
50,000
10,000
10,000
20,000
5,000
5,000
Estimated
Market Value.
$10,684
50,267
9,867
9,966
20,785
5,275
5,475
Amount Invested.
00
00
00
75
00
00
00
$10,000
50,000
10,000
10,000
20,000
5,000
5,000
00
00
00
00
00
00
00
5,000
20,000
5,293 75
20,775 00
5,000 00
20,000 00
$135,000
$138,388 50
$135,000 00
Total A m ount o f L oa n s , with E ach Specified R ate o f Interest. •
Amount.
$72,333 07
45,000 00
73,550 00
Rate.
4 per cent.
4|
“
5
“
Amount.
$20,300 00
447,692 00
Rate.
5£ per cent.
6
Amount.
$2,700 00
1,610 00
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, 1893,
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 e s t a t e , ............................................. 255
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 3 , ...............................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the j 2 per cent, f
year ending Oct. 31, 1893............................... ........
.
. 1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 993
Number of accounts closed during the year ending Oct 31,1893,
. 838
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,663
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893, ..........................................................................................
Number of s a m e , .................................................................................4,643
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , ................................................................................. 2,949
Date of examination by commissioner: January 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6£ per cent.
7
$33,000
35,000
25,500
918
00
00
00
09
254,430 00
50,353 84
16,469 53
17,815 98
4,303 70
327,114 01
282,900 72
276
[Pub. D oc
R E P O R T O F TH E
L E E S A V IN G S B A N K - L E E .
Incorporated March 5,1852.
Present number of corporators, 52.
J o h n L . K il b o n , Treasurer.
C h a r l e s C. B e n t o n , President.
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:
C . C. B e n t o n ,
C. C. H o l c o m b e ,
D eW
it t
S. Sm it h .
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, 1893.
L iabilities .
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).........................................
Loans on depositors’ books,
Deposit in bank, on interest,
«
Deposit in bank, not on interest,
a .m
$43,500
176,240
3,040
93,962
9,110
233,275
190,278
00
00
00
50
10
00
00
200
425
6,000
4,142
00
00
00
14
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$693,131 68
35,600 00
31,441 06
$760,172 74
$760,172 74
Cash on Deposit in Banks, amount in each : —
Lee National Bank, L e e , ................................................................................. $4,142 14
Pynchon National Bank, S prin gfield,.................................... .........
6,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Loans on Bank Stock, amount on each ; —
On 7 shares Lee National Bank, Lee,
.
.
.
.
.
.
.
.
On 8 shares Lee National Bank, Lee,
.
.
.
.
.
.
.
.
On 3 shares Lee National Bank, Lee,
On 13 shares Lee National Bank, Lee, .
.
.
.
.
.
.
On 10 shares Lee National Bank, Lee...................................................................
$650 00
500 00
30000
590 00
1,000 00
N o. 8 .]
277
S A Y IN G S B A N K CO M M ISSION ERS
Lee Savings Bank — Continued.
D etailed Statem ent o f P u blic F u nd s.
I’ ar Value.
Town of Rockingham, Vt., 4s,
City of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Providence, R. I., 5s, .
of Springfield, Mass., 4 s,.
District of Columbia 5s, .
$2,500
1,000
10,000
10,000
10,000
10,000
$43,500
Estimated
Market Value.
$2,475
1,105
11,500
10,915
10,000
10,400
00
00
00
00
00
00
$46,395 00
Amount Invested.
$2,500
1,000
10,000
10,000
10,000
10,000
00
00
00
00
00
00
$43,500 00
Shares.
1No. o f
D etailed Statem ent o f B a n k Stocks.
54
40
40
10
30
30
20
100
10
30
20
30
60
20
100
50
30
70
70
40
40
30
180
70
150
40
20
40
30
30
75
30
Par Value.
First National Bank, Adams, .
First National Bank, Amherst,
Birmingham National Bank,
Birmingham, Conn,
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Continental Nat’l B’k, Boston,
Everett Nat’l Bank, Boston, .
First Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Massachusetts N’l B’k, Boston,
State National Bank, Boston, .
Winthrop Nat’ l Bank, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Com
monwealth, 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 Revei'e Bank, Boston,
Nat’l Webster Bank, Boston, .
City N’l B’k, Bridgeport, Conn.,
Lee National Bank, Lee,.
Adams Nat’ l Bank, No. Adams,
Pittsfield N’l Bank, Pittsfield,
Agawam N’l B’k, Springfield,
First Nat’l Bank, Springfield,.
Pynchon N’l Bank, Springfield,
Second N’l Bank, Springfield,
Chicopee N’l B’k, Springfield,
Housatonic Nat’l Bank, Stockbridge, ..................................
Springfield N’l B’k, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$5,400
4,000
$8,100 00
6,000 00
$6,300 00
5,800 00
4,000
1,000
3,000
3,000
2,000
10,000
1,000
3,000
2,000
3,000
6,000
6,800
1,205
3,457
3,442
1,760
23,000
1,140
2,775
2,047
3,480
7,080
00
00
50
50
00
00
00
00
50
00
00
6,000
1,000
3,000
3,100
2,000
10,000
1,000
3,000
2,000
3,000
6,100
00
00
00
00
00
00
00
00
00
00
00
2,000
10,000
5,000
3,000
7,000
7,000
4,000
4,000
3,000
18,000
7,000
15,000
4,000
2,000
4,000
3,000
3,000
2,565
10,525
6,100
4,380
5,950
7,385
4,000
3,600
4,890
24,300
8,400
21,000
4,000
2,200
5,600
3,900
4,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
2,000
10,100
5,000
3,000
7,000
7,100
4,000
4,000
4,000
18,000
7,000
18,500
4,000
2,000
5,740
4,000
5,250
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
7,500
3,000
12,000 00
3,750 00
9,500 00
3,750 00
$158,900
$209,332 50
$176,240 00
278
R E P O R T O F TH E
[Pub. D oc.
Lee Savings Bank — Concluded.
D etailed Statem ent o f B ailroad Bonds.
Par Value.
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,
. . .
Maine Central R.R. 7s, .
Boston & Lowell R.R. 4s,
Estimated
Market Value.
$20,000
10,000
25.000
10.000
25,000
$19,600
10,400
25.000
13.000
24,750
$90,000
$92,750 00
Amount Invested.
00
00
00
00
00
$20,000
10,000
25,000
13,900
25,062
00
00
00
00
50
$93,962 50
Total A m ou n t o f L oan s, with E ach Specified Bate o f Interest.
Amount.
$6,000 00
Rate.
4 per cent.
Amount.
$253,750 00
Rate.
5 per cent.
Amount.
$173,468 00
Rate.
6 per cent.
---------------—
Value, by books, of real estate held or owned 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, 241
Aggregate amount of the s a m e , ......................................................
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 9 3 ,........................................................................ .........
Times for the dividends fixed by the by-laws : May 31 and November 30.
Rate and amount of each semi-annual dividend during the 1 2 percent., f
year ending Oct. 31, 1 8 9 3 ,...................................................... 1 2 per cent., (
Number of accounts opened during the year ending Oct. 31, 1893,
. 287
Number of accounts closed during the year ending Oct. 31, 1893,
. 310
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,084
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of t a x e s ) , ..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same,
........................................................................ 1533
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e ,................................................................................. 1,314
Date of examination by commissioner: September 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,110 10
6,450 00
188,533 00
600 00
38,601 25
13,264 04
13,579 85
3,560 13
116,095 05
143,534 27
No. 8.]
SA Y IN G S BANK COM M ISSION ERS
279
L E IC E S T E R S A V IN G S B A N K — L E IC E ST E R .
Incorporated April 17, 1869.
L o r y S. W
atson,
Present number of corporators, 29.
President.
P a r k m a n T . D e n n y , Treasurer.
J. C. W a t s o n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds
L o r y S. W a t s o n ,
C h a r l e s A. D e n n y ,
T h e o . E. W o o l c o c k ,
D e x t e r K n ig h t ,
J oh n N. M u r d o c k ,
A lo n zo B . D a v id s o n .
Open for business every business day, except Saturdays, 9
Saturdays, 9 a m . to 1 p .m .
B alance Sh e e t O ctober
.
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 .
to 1 p . m ; 2 to 4
p m.
31,1893.
L iabilities .
$181,000
1,000
40,902
200
69,000
160,265
40,920
00
00
44
00
00
50
00
31,700
7,033
364
431
00
53
75
73
$532,817 95
Deposits, .
Guaranty fund,
Interest account,
$501,726 69
17,071 93
14,019 33
$532,817 95
Cash on Deposit in Bank : —
Leicester National Bank, L e i c e s t e r , ...............................................................$7,033 53
Loan on Public Funds : —
On $1,000 United States 4 s , ................................................................................. $1,000 00
Loan on Bank Stock : —
On 2 shares Leicester National Bank Leicester,............................................. $200 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
;
280
[Pub. D oc
R E P O R T O F TH E
Leicester Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Beverly, Mass., 4s, .
of Braintree, Mass., 4s, .
of Clinton, Mass., 4s,
of Holbrook, Mass., 4s, .
of Randolph, Mass., 4s, .
City of Boston, Mass , 4s,
of Chelsea, Mass., 6s,
of Columbus, Ohio, 4s,
of Cleveland, Ohio, 4s,
of Dayton, Ohio, 4s,
of Dayton, Ohio, 6s,
of Fall River, Mass., 6s, .
of Lawrence, Mass., 4s, .
of Lynn. Mass., 4s, .
of Lowell, Mass., 4s,
of Manchester, N. 1L, 6s,
of Waltham, Mass., 4s,
of Waterbury, Conn., 4 s,.
of Worcester, Mass., 4|s,.
of Grands Rapids, Mich., 4is, .
Town of Great Barrington, Mass., 4s,
of Orange, Mass , 4s,
Estimated
Market Value.
Amount Invested.
$10,000
6,000
11,000
10,000
24,000
6,000
8,000
10,000
5,000
5,000
5,000
1,000
10,000
9,000
10,000
1,000
12,000
5,000
4,000
8,000
5,000
18 000
$10,000 00
$10,000 00
5,000 00
5,000 00
11,000 00
11,000 00
10,000 00 ' 10,000 00
24,000 00
24,000 00
5,000 00
5,000 00
8,000 00
8,080 00
10,000 00*
9,500 00
5,000 00
4,950 00
5,000 00*
4,850 00
5,000 00*
5,200 00
1,000 00
1,100 00
10,000 00
10,000 00
9,000 00
9,000 00
10,000 00
10,000 00
1,000 00
1,100 00
12,000 00
12,000 00
5,000 00
4,950 00
4,000 00
4,160 00
8,000 00
8,180 00
5,000 00
5,000 00
18,000 00
18,000 00
$181,000
$181,070 00 $181,000 00
* Legal investments when made.
No. o f
Shares.
Detailed Statement o f Bank Stocks.
10 Continental Nat’lBank, Boston.
30 Eliot National Bank, Boston, .
15 Market N’l Bank, Boston,
20 North National Bank, Boston,
30 Nat’l Webster Bank, Boston, .
50 NT Hide & Leather B’k, Boston,
15 National Revere B’k, Boston, .
12 N’l B’k of No. America, Boston,
20 Nat’ l Bank of the Common
wealth, Boston, .
50 State National Bank, Boston, .
25 Howard Nat’l Bank, Boston, .
37 Leicester NT Bank, Leicester,
11 Millbury NT Bank, Millbury,
10 Oxford Nat’l Bank, Oxford, .
25 Central NT Bank, Worcester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested..
$1,000
3,000
1,500
2,000
3,000
5,000
1,500
1,200
$1,147
3,465
1,380
2,180
2,745
5,275
1,500
1,263
50
00
00
00
00
00
00
00
$1,150
3,610
1,770
2,425
3,000
5,954
1,925
1,346
00
00
04
00
00
40
00
00
2,000
5,000
2,500
3,700
1,100
1,000
2,500
2,505
5,162
2,475
5,550
1,100
1,000
3,625
00
50
00
00
00
00
00
2,100
5,397
2,635
3,700
1,314
1,050
3,525
00
50
00
00
50
00
00
$36,000
$40,373 00
$40,902 44
No. 8 .]
281
SA Y IN G S B A N K COM M ISSION ERS
Leicester Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston & Providence R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
Fitchburg R R. 5s, .
.
.
Leeds & Farmington R.R. 6s, .
Old Colony R.R. 4 s,.
Vermont & Massachusetts R.R.
Upper Coos R.R. 4s,
. .
.
.
5s, .
.
$7,000
20,000
5,000
3,000
4,000
3,000
3,000
4,000
5,000
10,000
'
5,000
$69,000
Estimated
Market Value.
$6,930
19,600
5,000
3,510
3,880
3,000
3,090
4,120
5,000
10,500
4,750
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
$69,380 00
$7,000
20,000
5,000
3,000
4,000
3,000
3,000
4,000
5,000
10,000
5,000
00
00
00
00
00
00
00
00
00
00
00
$69,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$7,033 53
3,970 00
32,700 00
Rate.
3 per cent.
4
“
4h
“
Amount.
$140,738 43
10,000 00
Rate.
5 per cent.
5i
“
Rate.
Amount.
$6,800 00
39,877 07
5| per cent.
6
“
Number of loans which are of an amount not exceeding $3,000 each, . 137
Aggregate amount of the s a m e , ........................................................................ $132,547 07
Total number of loans upon real e s t a t e , ............................................. 127
Gross amount of interest or profits received or earned, as per books, dur
24,058 82
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws : June 1 and December 1.
8,928 87
Rate and amount of each semi-annual dividend during the ) 2 per cent, f
9,344 29
year ending Oct. 3 1 ,1 8 9 3 ,......................................................12 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 151
Number of accounts closed during the year ending Oct. 31, 1893,
. 98
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,084
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
1,217 25
clusive of ta x e s),..................................................................................................
Amount of deposits, not including dividends, received during the year end
68,628 97
ing Oct. 31, 1893,..................................................................................................
Number of s a m e , ......................................................................................... 695
Amount of withdrawals, including dividends, during the year ending Oct.
52,859 71
31, 1 8 9 3 , ...........................................................................................................
Number of s a m e , ..........................................................................................710
Date of examination by commissioner: May 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
283
SA Y IN G S B A N K CO M M ISSION ERS
Lenox Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks.
10
10
12
10
18
22
5
9
10
10
30
9
12
l’ ar Value.
Chapin N’l B’k, Springfield, .
City Nat’l Bank, Springfield, .
Chicopee N’l B’k, Springiield,
Second Nat’l B’k, Springfield .
Mechanics’ N’l B’k, Worcester,
Pittsfield Nat’l B’k, Pittsfield,.
Palmer Nat’l Bank, Palmer, .
John Hancock National Bank,
Springfield, .
.
.
.
Ware National Bank, Ware, .
First Nat’l Bank, Worcester, .
Lenox National Bank, Lenox,.
Agricultural National Bank,
Springfield, .
.
.
.
Housatonic National Bank,
Stockbridge,
Estimated
Market Value.
Amount Invested.
$ 1,000
1,000
1,200
1,000
1,800
2,200
500
$1,550
1,550
2,100
1,550
1,800
2,750
775
00
00
00
00
00
00
00
$1,550
1,550
2,100
1,550
1,800
3,420
775
00
00
00
00
00
00
00
900
1,000
1,000
3,000
1,170
1,200
1,900
3,750
00
00
00
00
1,170
1,200
1,900
3,620
00
00
00
00
900
2,355 00
2,355 00
1,200
2,010 00
2,010 00
$16,700
$24,460 00
$25,000 00
Detailed Statement o f Railroad Bonds.
Par Value.
.
.
$5,000
5,000
$10,000
Amount Invested.
o o
o o
o o
.
$5,020 00
5,000 00
$10,220 00
$10,020 00
CM O
O <M
lQ
Upper Coos R.R. 4s,
Fitchburg R.R. 5s, .
Estimated
Market Value.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
Rate.
4 per cent.
$57,300 00
5 per cent.
Amount.
$>10,622 50
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$37,050 00
Rate.
6 per cent.
284
R E P O R T O F TH E
[Pub. D oc.
Lenox Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,
28
Aggregate amount of the s a m e , ........................................................................$31,750 00
Total number of loans upon real e s t a t e , ............................................. 38
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893..................................................................................... 5,973 66
Times for the dividends fixed by the by-laws: first Tuesday in January
and July.
Hate and amount of eachsemi-annual dividend during the ) 2 per cent., f
1,972 11
2,418 33
year ending Oct. 31, 1 8 9 3 , ............................................. J 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 159
Number of accounts closed during the year ending Oct. 31, 1893,
. 65
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 483
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes)..........................................................................................................
12 05
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
64,512 78
Number of s a m e ,.......................................................................................... 633
Amount of withdrawals, including dividends, during the year ending Oct.
31> 1893.........................................................................................
Number of s a m e , ...............................................................................................
Date of examination by commissioner: September 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
\
33,059 68
No. 8 .]
285
SA Y IN G S B A N K CO M M ISSION ERS.
L E O M IN ST E R S A V IN G S B A N K — L E O M IN ST E R .
Incorporated March 13, 1865.
J.
G .
T
e n n e y
,
President.
A. L . B
Present number of corporators, 35.
A .
u r d it t
,
L . B
u r d it t
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the Investment of its funds:
G
e o r g e
H
a m il t o n
H
a l l
M
,
a y o
C
C
h a s
A. L.
,
le sso n
K
e n n e y
. C.
B
o y d e n
,
,
.
Open for business every business day, except Saturdays, 9
Saturdays, close at 2 p . m .
B a l a n c e Sh e e t O cto b er
a
.m .
to 12
m
.;
1 to 3
p .m ,
31, 1893.
L ia b il it ie s .
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,
Loans to counties, cities or towns
(notes), .
.
.
.
.
Loans on depositors’ books,
.
Deposit in bank, on interest,
Cash on hand,
.
.
.
.
B
u r d it t
$50,000
150
67,300
4,750
29.500
00
00
00
00
00
24,000
2,600
516,352
130,830
00
00
75
00
18.500
500
15,565
5,226
00
00
02
70
Deposits, .
Guaranty fund,
Interest account,
$865,274 47
$809,604 44
36,000 00
19,670 03
$865,274 47
Cash on Deposit in Bank: —
Leominster National Bank, Leominster,
$15,565 02
Loan on Public Funds : —■
On $200 United States 4s,
$150 00
Loan on Bank Stock; —
On 61 shares Leominster National Bank, Leominster, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,750 00
286
R E P O R T OF THE
[Pub. D oc
Leominster Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Chicago, 111., 4s, .
of Brockton, Mass., 4s, .
of Fall River, Mass., 4s, .
Town of Peabody, Mass., 4s, .
Estimated
Market Value.
$25,000
8,000
11,000
6,000
$25,875
8,000
11,110
6,000
$50,000
$50,985 00
00
00
00
00
Amount Invested.
$25,000
8,000
11,000
6,000
00
00
00
00
$50,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
75
62
27
61
10
5
25
34
20
15
17
2
1
20
30
9
80
160
20
Par Value.
Nat’l Webster Bank, Boston, .
Boston National Bank, Boston,
Central Nat’l Bank, Boston, .
Globe National Bank, Boston,.
Market National Bank, Boston,
Blackstone N’l Bank, Boston,.
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Continental N afl B’k, Boston,
Boylston Nat’l Bank, Boston, .
National Eagle Bank, Boston,
Shoe & Leather N l B’k, Boston,
Winthrop Nat’l Bank, Boston,
National Bank of the Common
wealth, Boston, .
N’l B'k of No. America, Boston,
N’l B’k of Commerce, Boston,
Safety Fund National Bank,
Fitchburg, .
.
.
.
Leominster Nat’l Bank, Leo
minster,
.
.
.
.
Crocker N’l B’k,Turner’s Falls,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$7,500
6,2u0
2,700
6,100
1,000
500
2,500
3,400
2,000
1,500
1,7(0
200
100
Estimated
Market Value.
$6,900
5,766
4,050
5,612
920
450
2,875
3,060
2,300
1,875
1,615
180
116
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$7,500
6,200
2,700
6,100
1,000
500
2,500
3,400
2,000
1,500
1,700
200
100
00
00
00
00
00
00
00
00
00
00
00
00
00
2,000
3,000
900
2,500 00
3,150 00
1,062 00
2,000 00
3,000 00
900 00
8,000
8,800 00
8,000 00
16,000
2,000
16,000 00
2,400 00
16,000 00
2,000 00
$67,300
$69,631 00
$67,300 00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
287
Leominster Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Maine R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Estimated
Market Value.
Amount Invested.
$ 15,000
10,000
5,000
$15,000 00
9,500 00
5,450 00
$15,000 00
9,500 00
5,000 00
$30,000
$29,950 00
$29,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$15,565 02
15,000 00
Kate.
Amount.
4 per cent.
4*
“
$204,800 00
65,395 00
Rate.
5 per cent.
5*
“
Amount.
$385,887 75
Bate.
6 per cent.
Amount Invested in real estate for banking purposes,............................. $24,000
00
Estimated value of the same,.......................................................................
24,000
00
Assessed value of the s a m e ,.......................................................................
17,000
00
Net income received fiom same during year ending Oct. 31, 1893, .
.
1,399 21
Value, by books, of other real estate held or owned by foreclosure or other
wise.................................................................................................................
2,600
00
Assessed value of the same...........................................................................
2,920
00
Net income received from same during year ending Oct. 31, 1893, .
.
177 18
Number of loans which are of an amount not exceeding $3,000 each, 436
Aggregate amount of the s a m e , ........................................................................
399,232 75
Total number of loans upon real e s t a t e , ............................................. 438
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893.....................................................................................
45,128 79
Times for the dividends fixed by the by-laws: January 1 and July 1.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
15,121 38
year ending Oct. 31, 1893.......................................................... j 2 per cent., 1
15,933 86
Number of accounts opened during the year ending Oct. 31, 1893,
. 480
Number of accounts closed during the year ending Oct. 31, 1893,
. 418
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,833
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),..................................................................................................
2,087 64
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,..................................................................................................
169,244 62
Number of s a m e , ................................................................................ 2,091
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ...........................................................................................................
179,131 36
Number of s a m e , ................................................................................ 2,059
Date of examination by commissioner : April 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
2ö8
R E P O R T O F TH E
[Pub. D oc
L E X IN G T O N S A V IN G S B A N K - L E X IN G T O N .
Incorporated March 11, 1871.
B
r a d l e y
C.
W
h it c h e r
A
,
Present number of corporators, 43.
President.
E .
u g u stu s
S
j
co tt
,
AM
es
E .
C
r o n e
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
L
e w is
L
e o n a r d
L
y m a n
H
L
u n t
,
A .
W
Sa
v il l e
a w ^r e n c e
,
,
W
a l t e r
E
d v t in
B
r a d l e y
Open for business Wednesday, 3.30 to 6
p
.m .;
B a l a n c e S h eet O ctober
A ssets.
Public funds as per schedule, .
Loan on public funds,
Loan on bank stock, .
llailroad bonds as per schedule,
Loan on railroad bonds,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes)..........................................
Deposit in bank, on interest,
Expense account,
Cash on hand.................................
e l l in g t o n
S. S
C.
p a u l d in g
W
,
,
h it c h e r
.
Saturday, 3.30 to 7
p
.m ,
31, 1893.
L ia b il it ie s .
$5,000 00
35,000 00
2,000 00
26,500 00
2,000 00
183,741 15
28,775 00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac*
count, .
.
$288,328 96
7,913 40
3,138 17
2,582 50
11,000 00
7,000 27
86 72
859 89
$301,963 03
$301,963 03
Cash on Deposit in Bank: —•
Fourth National Bank, Boston,
$7,000 27
Loan on Public Funds : —
On
On
On
On
On
$5,000 Newton, Mass., 4s,
.
,
$12,000 Providence, ß . I., 4s, .
$15,000 Boston, Mass., 4s,
.
,
$1,000 Nashua, N . H., 4s,
$7,000 Aroostook County, Me., 4j£s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
*1
I
. \ $35,000 00
. II
•J
No. 8 .]
289
SA V IN G S B A N K COM M ISSION ERS
Lexington Savings Bank — Continued.
Loan on Bank Stock:—
On 15 shares Merchants’ National Bank, B o s t o n , .................................... »
On 10 shares National Bank of North America, Boston, .
.
.
.}
$2,000
0
Loan on Railroad Bonds : —
On $2,000 Eastern R .R . 6s..................................................................................... $2,000 00
Detailed Statement o f Public Funds.
Par Value.
City of Concord, N. H., 4s,
$5,000
Estimated
Market Value.
$5,000 00
Amount Invested.
$5,000 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston, Revere Beach & Lynn R.R. 6s,
Cheshire R.R. 6s,
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 4is, ,
Portland & Ogdensburg R.R. 6s,
Concord & Montreal R.R. 4s, .
Boston & Lowell R.R. 4s,
$2,000
2,000
1,000
2,000
3,500
5.000
5.000
6.000
$26,500
Estimated
Market Value.
$2,045
2,090
1,060
2,095
3,570
5,425
5.000
6.000
00
00
00
00
00
00
00
00
$27,825 00
Amount Invested.
$2,000
2,000
1,000
2,000
3,500
5.000
5.000
6.000
00
00
00
00
00
00
00
00
$26,500 00
Total Amount o f Loans, with Each Specified Rate of Interest.
Amount.
$7,000 27
5.000 00
6.000 00
Kate.
3 per cent.
4è
“
4|
«
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$ 12,000 00
5,000 00
232,416 15
Kate.
5 per cent.
5è
“
6
“
Amount.
$100 00
2,000 00
Rate.
7to per cent.
74
“
290
R E P O R T O F TH E
[Pub. D oc.
Lexington Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, . 91
Aggregate amount of the s a m e , ........................................................................ $132,716 15
Total number of loans upon real e s t a t e , ............................................. 85
Gross amount of interest o~r profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
16,685 74
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the ) 2J per cent., f
6,502 45
year ending Oct. 31, 1 8 9 3 , ..............................................
1 2£ per cent., 1
6,60856
Number of accounts opened during the year ending Oct. 31, 1893,
138
Number of accounts closed during the year ending Oct. 31, 1893,
. 71
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,050
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
934 42
sive of taxes)...........................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ..........................................................................
60,180
87
Number of same.......................................................................................1,185
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................
55,990
92
Number of same............................................................................................... 676
Date of examination by commissioner : January 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
291
SA Y IN G S B A N K C O M M IS S IO N E D
L O W E L L F IV E CENTS SA V IN G S B A N K — L O W E L L .
Incorporated April 12, 1854.
Present number of corporators, 58.
S e w a l l G. M a c k , President.
A rtem as S. T y l e r , Treasurer.
C h ar l e s F . Cobu rn , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
John F. K im b a l l ,
C h a s . E. A . B a r tl e tt ,
G eo . F. P e n n im a n ,
Open for business every business day, 9
John H. M cA l v in ,
G eorge S. C h e n e y ,
A rtem as S. T y l e r .
a .m .
to 1 p . m . ; also Saturday, 7 to 9
p .m .
B a l a n c e S h e e t O c t o b e r 31, 1893.
Liabilities .
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
(notes), .
.
.
.
.
Deposits in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$178,420 00
17,900 00
75.000 00
65.000
3,000
710,381
477,750
00
00
67
00
25.000
78,524
2,449
1,286
00
43
17
82
$1,634,712 09
Deposits, .
Guaranty fund,
Interest account,
Rent account, .
Premium account,
.
$1,508,909
61,052
63,555
620
575
35
04
58
12
00
$1,634,712 09
Cash on Deposit in Banks, amount in each: —
Prescott National Bank, Lowell, .
.
.
.
Appleton National Bank, Lowell, .
.
.
.
National Bank of the Commonwealth, Boston,
$59,664 13
14,140 34
4,719 96
Loans on Bank Stock, amount on each : —
On 15 shares Railroad National Bank, Lowell,
On 15 shares First National Bank, Lowell, .
On 3 shares Old Lowell National Bank, Lowell,
On 19 shares Prescott National Bank, Lowell,
On 23 shares Prescott National Bank, Lowell,
On 14 shares Appleton National Bank, Lowell,
On 7 shares Old Lowell National Bank, Lowell,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 2,200 00
1,900 00
2,600 00
292
R E P O E T O F TH E
[Pub. D oc
Low ell Five Cents Savings Bank — Continued
On 44 shares Merchants’ National Bank, Lowell,
.
.
.
.
On 25 shares Railroad National Bank, L o w e l l ,....................................
On 9 shares Prescott National Bank, L o w e l l , ....................................
On 1 share Old Lowell National Bank, L o w e l l ,....................................
On 1 share First National Bank, L o w e l l , .............................................
On 2 shares Crocker National Bank, Turner’s Falls, .
.
.
.
On 34 shares Rollstone National Bank, Fitchburg,
.
.
.
.
$8,800 00»
400 00
2,000 00
* This amount has been reduced within the legal limit.
Detailed Statement o f Bank Stocks.
<O♦-. 0
3
O
o. Î-.£ •
m
44 I Atlas National Bank, Boston, .
50 Blackstone Nat’l Bank, Boston,
40 Boston Nat’l Bank, Boston,
52 Boylston Nat’l Bank, Boston, .
50 National City Bank, Boston, .
40 N at’l B’k of Commerce, Boston,
20 National Bank of the Common
wealth, Boston, .
70 Continental N’l Bank, Boston,
30 National Eagle B’k, Boston, .
50 Eliot National Bank, Boston, .
20 Everett Nat’l Bank, Boston, .
17 Nat’l Exchange Bank, Boston,
5 Faneuil Hall N’l Bank, Boston,
50 Freeman’s Nat’l B’k, Boston, .
60 Globe National Bank, Boston,.
50 Hamilton Nat’l Bank, Boston,
15 JSI’1Hide & Leather B’k,Boston,
20 Howard Nat’l Bank, Boston, .
40 Lincoln Nat’ l Bank, Boston,
10 Merchants’ Nat’l B’k, Boston, .
5 North National Bank, Boston, .
90 N’l B’k of No. America, Boston,
100 National Bank of Redemption,
Boston,
.
.
.
.
10 N’l B’k of the Republic, Boston,
27 Nat’l Revere Bank, Boston,
25 Second National Bank, Boston,
40 Shoe & Leather N’l B’k, Boston,
5 Shawmut Nat’l Bank, Boston,
20 State National Bank, Boston, .
92 Suffolk Nat’l Bank, Boston,
71 Tremont Nat’l Bank, Boston, .
40 National Union Bank, Boston,
20 Washington Nat’l B’k, Boston,
85 First National Bank, Lowell, .
35 Merchants’ N’l Bank, L ow ell,.
83 Old Lowell N’l B’k, Lowell, .
135 Prescott Nat’l Bank, Lowell, .
75 Railroad Nat’l Bank, Lowell, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$4,400
5,000
4,000
5,200
5,000
4,000
$5,071
4,512
3,720
6,500
4,312
4,720
00
50
00
00
50
00
$4,400
5,000
4,000
5,200
5,000
4,000
00
00
00
00
00
00
2,000
7,000
3,000
5,000
2,000
1,700
500
5,000
6,000
5,000
1,500
2,000
4,000
1,000
500
9,000
2,505
8,032
2,850
5,775
1,835
2,006
600
5,300
5,520
5,700
1,582
1,980
3,960
1,430
545
9,472
00
50
00
00
00
00
00
00
00
00
50
00
00
00
00
50
2,000
7,000
3,000
5,000
2,000
1,700
500
5,000
6,000
5,000
1,500
2,000
4,000
1,000
500
9,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
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
12,550
1,475
2,700
4,525
3,600
605
2,065
8,510
6,674
5,190
2,005
15,300
5,250
10,375
20,250
9,375
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
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
$169,100
$198,378 50
$178,420 00
No. 8 .]
293
SA Y IN G S B A N K COM M ISSION ERS.
Lowell Five Cents Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Fitchburg R.R. 5s, .
Boston & Lowell R.R. 4s,
Maine Central R.R. 4^s, .
Estimated
Market Value.
Amount Invested.
$40,000
20,000
15,000
$41,500 00
19,600 00
15,675 00
$40,000 00
20,000 00
15,000 00
$75,000
$76,775 00
$75,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$4,719
24,664
47,140
254,900
96
13
34
00
Rate.
24 per cent.
3
4
“
*4
“
Rate.
Amount.
Rate.
4| per cent.
5
$165,900 00
30,000 00
1,000 00
6 per cent.
64
“
7
Amount.
$20,300
564,731
130,000
66,200
00
67
00
00
5i
“
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the same.....................................................................................
Net income received from same during year ending Oct. 31, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise,
....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 143
Aggregate amount of the s a m e , ........................................................................
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: first Saturday in January
and July.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,.............................................
1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,272
Number of accounts closed duting the year ending Oct. 31, 1893,
1,375
Total number of open accounts Oct. 31, 1893,
.
.
.
.
7,062
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .................................................................................7,292
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of the same,
........................................................................ 4,417
Date of examination by commissioner: August 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$65,000
65,000
56,400
735
00
00
00
94
3,000 00
5,700 00
690 56
223,606 67
10,000 00
74,274 04
28,411 93
29,674 24
7,292 71
221,924 17
256,889 30
294
R E P O R T O F TH E
[Pub. D oc.
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 Feb. 20,1829.
Present number of corporators, 50.
A . St . J ohn Ch a m b r e , President.
G eorge J. Ca r n e t , Treasurer.
G eorge J. Ca r n e y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
Sam uel K id d e r ,
G eorge S. M o tl ey ,
J ames W . B. S h a w ,
F r e d e r ic k T ay l o r ,
C yrus M . F is k ,
G eorge J. Ca r n e y .
Open for deposits every business day, 9 a . m . to 2 p . m ., and Saturdays, 7 to 9 p . m . ; for
payments, Tuesday, Thursday, Saturday, 9 a . m . to 2 p . m . ; and
Saturdays, 7 to 9 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,
Real estate (for banking pur
poses),
....................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).........................................
Deposits in hanks, on interest, .
31, 1893.
L iabilities .
$65,000 00
170,500 00
31,425 00
20,334 06
1,817,467 00
1,163,289 20
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
Suspense account,
$4,358,668 83
221,806 25
37,045 41
65,995 27
1,340,500 00
75,000 50
'.$4,683,515 76
$4,683,515 76
Cash on Deposit in Banks, amount in each :—
Wamesit National Bank, L ow ell,........................................................................ $75,000 00
Merchants’ National Bank, L o w e l l , ...............................................................
50
Loans on Bank Stock, amount on each : —
On 100 shares Appleton National Bank, Lowell................................................. 1
On 10 shares Prescott National Bank, Lowell.................................................... I
On 5 shares Third National Bank, S p r in g fie ld ,............................................. J
On 16 shares Prescott National Bank, L o w e l l , .............................................
On 55 shares Railroad National Bank, L o w e l l , ............................................. I
On 170 shares National Hide and Leather Bank, Boston................................. J
On 10 shares Merchants’ National Bank, Low ell,.............................................
On 30 shares Merchants’ National Bank, Lowell,.............................................
On 25 shares First National Bank, Lowell...........................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,575 00
650 00
20 000 00
’
400 00
2,000 00
1,800 00
No. 8 .]
295
SA Y IN G S B A N K CO M M ISSION ERS
Low ell Institution for Savings — Continued.
Detailed Statement o f Public Funds.
\
Par Value.
%
$65,000
District of Columbia 5s, .
Estimated
Market Value.
Amount Invested.
$65,000 00
$65,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
142
174
344
161
473
160
80
171
Par Value.
Columbian N atl B’k, Boston, .
National Eagle Bank, Boston,
Merchants’ N atl Bank, Boston,
New England N ! B’k, Boston,.
Second National Bank, Boston,
First National Bank, Lowell, .
Merchants’ Nat’l B’k, Lowell, .
Railroad Nat’l Bank, Lowell, .
$14,200
17,400
34,400
16,100
47,300
16,000
8,000
17,100
Estimated
Market Value.
$14,200
16,530
49,192
25,357
85,613
28,000
12,000
20,520
Amount Invested.
$14,200
17,400
34,400
16,100
47,300
16,000
8,000
17,100
00
00
00
50
00
00
00
00
$170,500 $251,412 50
00
00
00
00
00
00
00
00
$170,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$173,389
75.000
33.000
1,138,075
25.000
70
00
00
00
00
2J per cent.
3
“
3§
“
4
“
4i
“
Rate.
Amount.
$11,500
1,069,650
75.000
336,000
50.000
00
00
00
00
00
4| per cent.
4è
“
4 if
“
4|
41
“
Rate.
Amount.
$1,195,050
13,000
33,017
200,000
00
00
00
00
5 per cent.
5è
“
6
“
6h
“
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, 1893,
Number of loans which are of an amount not exceeding $3,000 each,. 87
Aggregate amount of the same,
.
.............................................
Total number of loans upon real e s t a t e , ............................................. 168
Gross amount of interest or profits received or earned, as per books, during
$20,334
20,334
42,360
1,487
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: first Saturday in May and
209,266 03
November.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
06
06
00
93
140,467 00
296
R E P O R T O F TH E
[Pub. D oc.
Low ell Institution for Savings — Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893,...................................................... j 2 per cent., I
Number of accounts opened during the year ending Oct. 31,1893,
1,711
Number of accounts closed during the year ending Oct. 31,1893,
1,841
Total number of open accounts Oct. 31, 1898,
.
.
.
.
11,277
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
........................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ........................................................................
Number of s a m e ,................................................................................. u 249
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , .........................................................................................._
Number of s a m e , ..........................................................................................
Date of examination by commissioner : April 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
650
$81,254 98
83,706 17
8,900 00
662,085 00
774,742 31
N o. 8 .]
297
SA Y IN G S B A N K COM M ISSIONERS.
L U D L O W S A V IN G S B A N K — L U D L O W .
Incorporated Feb. 23, 1888.
G
e o r g e
D.
G
r e e n
G
President.
e o r g e A. B
Present number of corporators, 35.
,
ir n ie
,
G e o r g e A. B
Clerk o f the Corporation.
ir n ie
,
Treasurer.
Names of committee charged with the investment of its funds:
G
e o r g e
E .
E .
F
D.
G
r e e n
u l l e r
W . S.
M. D.
,
,
M. H.
L
y o n s
C
o l w e l l
L .
T
,
o w n e
,
.
Open for business every business day, 10 a . m . to 12 m . ; 1 to 3 p . m . ; also Wednesdays
and Fridays, 7.30 to 9 p . m .
B alance Sheet October 31, 1893.
Liabilities .
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,
Safe and furniture,
. . .
Cash on hand, .
.
.
.
$1,100
3,246
30,156
5,475
00
50
00
00
6,820
2,503
77
50
289
00
24
15
00
32
$49,151 51
336 48
229 22
Deposits, .
Guaranty fund,
Interest account,
$49,717 21
$49,717 21
Cash on Deposit in Banks, amount in each : —
Springfield Safe Deposit and Trust Company, Springfield, .
.
.
.
$183 88
Pynchon National Bank, Springfield,................................................................ 2>319 36
Detailed Statement o f Bank Stocks.
Vi à
o g
o
E s tim a t e d
P a r V a lu e .
£
10
City National Bank, Holyoke,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 1 ,0 0 0
A m o u n t In v ested .
M a r k e t V a lu e .
$ 1 ,1 0 0
00
$ 1 ,1 0 0
00
298
R E P O R T O F TH E
[Pub. D oc.
Ludlow Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
P a r V a lu e .
Fitchburg R.R. 5s, .
Leeds & Farmington R.R. 6s, .
E s tim a t e d
M a r k e t V a lu e .
A m o u n t In v e ste d .
$2,000
1,000
$2,060 00
1,030 00
$2,102 50
1,144 00
$3,000
$3,090 00
$3,246 50
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$2,503 24
17,920 00
Kate.
4 per cent.
5
Amount.
$7,670 00
Kate.
5^ per cent.
Amount.
$15,861 00
Number of loans which are of an amount not exceeding $3,000 each,
70
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
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 3 1 ,1 8 9 3 ,............................................. J 2 per cent., (
Number of accounts opened during the year ending Oct. 31, 1893,
136
Number of accounts closed during the year ending Oct. 31, 1893, .
134
Total number of open accounts Oct. 31, 1 8 9 3 , ....................................
446
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes)..........................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e ,.......................................................................................... 882
Amount of withdrawals, including dividends, during the year ending Oct.
3 1 , 1 8 9 3 , ............................................................................................................
Number of s a m e ,.......................................................................................... 367
Date of examination by commissioner: August 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
$41,451 00
2,370 24
782 98
874 56
447 15
25,777 50
19,563 45
299
SA Y IN G S B A N K COM M ISSION ERS
N o. 8 .]
L Y N N F IV E CENTS S A V IN G S B A N K — L Y N N .
Incorporated May 15, 1855.
R
o l l in
E .
H
a r m o n
H
,
Present number of corporators, 81.
President.
e n r y
E .
N
H
e w h a l l
e n r y
E .
N
e w h a l l
Treasurer.
,
Clerk o f the Corporation.
,
Names of committee charged with the investment of its funds :
R
J
o l l in
a m e s
E.
S. N
H
a r m o n
e w h a l l
R
,
H
,
C
u fu s
K
Open for business every business day, 9
im b a l l
a
.m .
A.
e n r y
e v e a r
,
e w h a l l
,
.
to 1 p
.m .
B a l a n c e Sh e e t O cto ber
; also Saturday, 3 to
6
p
.m .
31, 1893.
L iabilities .
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 (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, .
Expense account,
Furniture and fixtures,
Cash on hand..................................
P
H . N
h a r l e s
$258,862
314,950
182,097
10,975
82,000
243,550
12,000
85,000
50
00
97
00
00
00
00
00
32,103
989
1,226,293
490,600
27
81
81
00
9,000
92,676
3,116
1,137
9,158
00
87
18
51
76
$3,054,511 68
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$2,748,113 08
140,000 00
166,398 60
$3,054,511 68
Cash on Deposit in Banks, amount in each: —
National City Bank, Lynn, .
.
.
.
Merchants’ National Bank, Boston,
Market National Bank, Boston,
National Bank of the Republic, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,032
10,850
35,015
34,777
92
32
64
99
[Pub. D oc
R E P O R T O F TH E
300
Lynn Five Cents Savings Bank — Continued.
Loans on Public Funds, amount on each: —
On $26,000 Town of Quincy, Mass., 4£s,
On $30,000 City of Fall River, Mass., 4|s,
On $120,000 City of Meriden, Conn., 4s,
On $26,000 City of Fitchburg, Mass., 4s,
On $33,000 City of Hartford, Conn., 4s,
On $38,000 City of Providence, R . I., 4s,
On $8,000 County of Aroostook, Me., 4Js,
On $15,000 City of Fort Wayne, Ind., 5s,
On $16,000 City of Dayton, Ohio, 5s,
On $28,000 City of Malden, Mass., 4s, .
$25,000 00
.
1
I- 190,000 00
J
| 45,500 00
14,450 00
15.000 00*
25.000 00
Loans on Bank Stock, amount on each: —
On 10 shares Security Safe Deposit and Trust Company, Lynn, . .
.
On 2 shares Railroad National Bank, Lowell......................................................
On 16 shares National City Bank, L y n n , .....................................................
On 60 shares Security Safe Deposit and Trust Company, Lynn, . .
.
On 16 shares Central National Bank, L y n n , ............................................
On 5 shares Lynn National Bank, L y n n , ......................................................
On 15 shares Manufacturers’ National Bank, L y n n , ....................................
$800 00
175 00
1,600 00
5,400 00
1,300 00
500 00
1,200 00
Loans on Railroad Bonds, amount on each: —
On $46,500 Upper Coos R.R. 4 J s ,..................................
On $87,000 Boston & Maine R .R . 4s, .
On $10,000 Fitchburg R .R. 6s, . . .
.
On $15,000 Fitchburg R.R. 5s,
. . .
.
On $20,000 Conn. & Passumpsic Rivers R .R . 4s,
On $25,000 Worcester, Nashua & Rochester R .R . 4s,
On $5,000 Old Colony R .R . 4s,
On $50,000 Eastern R.R. 6s,
.
.
.
.
j $129,050 00
|
35,000 00
25.000 00
4,500 00
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.
City of Boston, Mass., 6s,
of Chelsea, Mass., 6s,
of Chicago, 111., 4s, .
of Cambridge, Mass., 6s, .
of Cleveland, Ohio, 7s,
of Chicago, 111., 7s, .
of Dayton, Ohio, 6s, .
of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich.,4s,
of Lawrence, Mass., 6s, .
of Manchester, N. II., 4s,
of Newton, Mass., os,
A legal loan when made.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,000
2,000
25,000
5,000
7,000
22,000
18,000
15,000
5,000
3,000
1,000
5,000
Estimated
Market Value.
$8,000
2,050
24,500
5,135
7,335
22,775
18,015
15,300
4,850
3,030
1,000
5,525
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$8,000 00
2,000 00
25,000 00
5,000 00
7,000 00
22,000 00
18,000 00f
15,000 00
5,000 00
3,000 00
1,000 00
5,000 00
f A legal investment when made.
No. 8 .]
301
SA Y IN G S B A N K CO M M ISSION ERS.
Lynn Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds —- Concluded.
Par Value;
Estimated
Market Value.
City of Pawtucket, R. I., 5s, .
of Peoria, 111., 4^s, .
of Rockford, 111., 4is,
Town of Brookline, Mass., 7s,
of Framingham, Mass., 4s., .
of Wakefield, Mass., 4s, .
County of Stratford, N. FI., 4s,
District of Columbia 7s, .
City of Boston, Mass., 3|s,
of Cleveland, Ohio, 5s, .
of Lynn, Mass., 4s, .
of Milwaukee, Wis., 5s, .
$5,000
10,000
21,000
10,000
10,000
8,000
10,000
15,000
10,000
15,000
12,000
17,000
$259,000
$5,125
10,100
21,000
11,300
10,000
8,000
10,000
17,700
9,468
15,450
12,000
17,510
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$5,000
10,000
21,000
10,000
10,000
8,000
10,000
15,000
9,862
15,000
12,000
17,000
00
00
00
00
00
00
00
00
50
00
00
00
$265,168 00 $258,862 50
No. of
Shares.
Detailed Statement of Bank Stocks.
23
88
253
7
69
25
15
154
14
17
127
56
42
127
30
26
50
276
93
61
30
Par Value.
Nat’l Exchange Bank, Boston,
Globe National Bank, Boston,
N ’l B’k of Redemption, Boston,
N’l Hide & Leather B’k, Boston,
Nat’l Revere Bank, Boston, .
Fireman’s Nat’l Bank, Boston,.
Shoe & Leather N’l B’k, Boston,
Continental N’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Columbian N’l Bank, Boston,
Nat’l Union Bank, Boston,
Blackstone N’l Bank, Boston,.
Nat’l Bank of the Republic,
Boston,
.
.
.
.
Tremont Nat’l Bank, Boston,.
North National Bank, Boston,
N’l B’k of No. America, Boston,
Georgetown National Bank,
Georgetown,
National City Bank, Lynn,
Central National Bank, Lynn,
First National Bank, Lynn,
Winthrop Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$2,300
8,800
25,300
700
6,900
2,500
1,500
15,400
1,400
1,700
12,700
5,600
$2,714
8,107
30,866
738
6,900
2,375
1,350
17,671
1,715
1,700
16,383
5,054
00
00
00
50
00
00
00
50
00
00
00
00
$2,957
7,920
30,000
682
6,900
2,250
1,500
17,116
1,400
1,700
15,500
5,600
50
00
00
50
00
00
00
50
00
00
00
00
4,200
12,700
3,000
2,600
6,132
12,065
3,270
2,736
00
00
00
50
4,200
12,700
3,000
2,418
00
00
00
00
5,000
27,600
9,300
6,100
3,000
5,000
53,820
14,880
8,906
3,480
00
00
00
00
00
5,000
39,539
11,863
6,850
3,000
00
50
97
00
00
$158,300
$205,863 50
$182,097 97
302
R E P O R T O F TH E
[Pub. D oc.
Lynn Five Cents Savings Bank — Concluded.
Detailed Statement o f Bailroad Bonds.
Par Value.
Boston & Maine R.R. 7s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Fitchburg R.R. 7s, .
Old Colony R.R. 6s,
. . .
Old Colony R.R. 7s,.
Portland & Ogdensburg R.R. 6s,
Portland & Kennebec R.R. 6s,
Boston, Revere Beach & Lynn R.R.6s,
Estimated
Market Value.
$12,000
9,000
7,000
9,000
7,000
7,000
10,000
10,000
11,000
$12,000
9,270
7,350
9,045
7,315
7,035
10,800
10,100
11,550
$82,000
$84,465 00
00
00
00
00
00
00
00
00
00
Amount Invested.
$12,000
9,000
7,000
9,000
7,000
7,000
10,000
10,000
11,000
00
00
00
00
00
00
00
00
00
$82,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$10,850
46,810
71,565
4,000
25,000
'32
91
64
00
00
Kate.
1£ per cent.
2i
“
4
“
41
“
41
“
Amount.
$340,000
625,532
29,500
1,054,766
181,720
Kate.
00
00
00
81
00
4| per cent.
5
“
5|
“
5h
“
6
“
Amount.
$47,500
400
127,400
20,000
Rate.
00
00
00
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, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise,
...................................................................................................
Assessed value of the s a m e ,...............................................................
Number of loans which are of an amount not exceeding $3,000 each, 885
Aggregate amount of the s a m e , ......................................................
Total number of loans upon real estate,
............................................. 937
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,...............................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the i 2 per cent., r
year ending Oct. 3 1 , 1 8 9 3 , ........................................................................ J 2 per cent., j
Number of accounts opened during the year ending Oct. 31, 1893,
2,744
Number of accounts closed during the year ending Oct. 31, 1893,
3,175
Total number of open accounts Oct. 31, 1893,
.
.
.
.
16,145
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same.......................................................................................18,593
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of s a m e , ................................................................................. 17,437
Date of examination by commissioner: April 17.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
6^ per cent.
“
“
“
64
7
8
$32,103
33,000
32,100
2,017
27
00
00
04
989 81
18,400 00
867,193 81
164,776 25
53,217 57
54,798 61
8,933 45
684,261 65
911,968 53
No. 8 .]
303
SA V IN G S B A N K CO M M ISSION ERS.
LYM
IN S T IT U T IO N TOR S A V IN G S — L Y N N .
Incorporated June 20, 1826.
Present number of corporators, 62.
P h il ip 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:
A mos F. B r e e d ,
Joseph B . B r e e d ,
P h il ip A . C h a s e ,
W il l ia m B assett ,
Open for business every business day, 9
a .m .
to 1 p .m . ; and Saturday, 2.30 to 5.30
B a la n ce Sh e e t October
31, 1893.
L iabilities .
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 (for banking pur
poses), .....................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes), ....................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.
p .m .
$661,500
192,800
17.000
196,500
50.000
80.000
00
00
00
00
00
00
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$3,219,583 56
160,000 00
260,240 80
41,755 84
1,455,028 00
647,000 00
98,500 00
185,660 02
14,080 50
$3,639,824 36
$3,639,824 36
Cash on Deposit in Banks, amount in each: —
First National Bank, L y n n ,......................................................
Fourth National Bank, B o s t o n , .............................................
Shawmut National Bank, Boston...............................................
$53,940 93
25,000 00
106,719 09
Loans on Bank Stock, amount on each: —
On 20 shares First National Bank, Lynn,
.
.
.
.
On 30 shares First National Bank, Lynn..................................
On 5 shares First National Bank, Lynn,
.
.
.
.
On 70 shares Fourth National Bank, Boston,
On 15 shares Lynn Safe Deposit and Trust Company, Lynn,
On 10 shares National Security Bank, Lynn,
On 25 shares Security Safe Deposit and Trust Company, Lynn,
$2,000
3,000
500
7,000
1,000
3,500 00
Loan on Railroad Stock : —
On 500 shares Eastern R . R . , .................................................................................$50,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
304
R E P O R T O F TH E
[Pub. D oc
Lynn Institution for Savings — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Abington, Mass., 4s, .
of Beverly, Mass., 4s, .
of Peabody, Mass., 4s, .
of Skowhegan, Me., 4 s,.
City of Bay City, Mich., 4s,
of Boston, Mass., 3is,
of Boston, Mass., 4s,
of Boston, Mass., 6s,
of Cambridge, Mass., 4s, .
of Cambridge, Mass., 6s, .
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s,
of Columbus, Ohio, 4s,
of Concord, N. H., 6s,
of Dayton, Ohio, 4s,.
of Detroit, Mich., 7s,
of Fall River, Mass., 4s, .
of Fall River, Mass., 5s, .
of Fitchburg, Mass., 4s, .
of Grand Rapids, Mich., 8s,
of Haverhill, Mass., 4s, .
of Lynn, Mass., 4s, .
of Lynn, Mass., 6s, .
of Lewiston, Me., 6s,
of Nashua, N. H., 4s,
of New Bedford, Mass., 6s,
of New Haven, Conn., 7s,
of Peoria, 111., 44s, .
of Providence, R. I., 5s, .
of Providence, R. I., 6s, .
of Salem, Mass., 5s, .
of Somerville, Mass., 5|s,
of Taunton, Mass., 4s,
County of Franklin, Me., 4s, .
of Hampden, Mass., 3s,
District of Columbia 6s, .
City of Chicago, 111., 4s, .
of Milwaukee, Wis., 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
10,000
20,000
6,400
10,000
10,000
68,000
6,000
30,000
10,000
3,000
20,000
10,000
2,000
25,000
20,000
5,000
15,000
10,000
5,000
35,000
101,100
1,000
10,000
20,000
5,000
10,000
20,000
14,000
10,000
2,000
10,000
28,000
3,000
10,000
22,500
50,000
20,000
$662,000
Estimated
Market Value.
$5,000 00
10,000 00
20,000 00
6,400 00
10,000 00
9,800 00
68,000 00
6,900 00
30,000 00
11,600 00
3,090 00
20,400 00
10,000 00
2,020 00
25,000 00
24,000 00
5,000 00
15,000 00
10,000 00
5,250 00
35,000 00
101,100 00
1,040 00
11,200 00
20,000 00
6,000 00
12,000 00
20,000 00
14,700 00
11,000 00
2,160 00
11,200 00
28,000 00
3,000 00
9,100 00
25,000 00
50,000 00
20,000 00
$667,960 00
Legal investments when made.
Amount Invested.
$5,000 00
10,000 00
20,000 00
6,400 00
10,000 00
10,000 00
68,000 00
6,000 00
30,000 00
10,000 00
3,000 00
20,000 00
10,000 00*
2,000 00
25,000 00*
20,000 00
5,000 00
15,000 00
10,000 00
5,000 00
35,000 00
101,100 00
1,000 00
10,000 00
20,000 00
5,000 00
10,000 00
20,000 00
14,000 00
10,000 00
2,000 00
10,000 00
28,000 00
3,000 00
9,500 00
22,500 00
50,000 00
20,000 00
$661,500 00
No. 8 .]
SA Y IN G S B A N K COM M ISSION ERS
305
Lynn Institution for Savings — Continued.
Ko. o f
Shares.
Detailed Statement o f Dank Stocks.
58
55
89
45
54
55
15
25
15
25
34
59
118
100
20
75
92
50
430
301
213
Par Value.
Atlantic Nat’l Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Continental Nat’l B’k, Boston,.
Everett Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Freeman’s Nat’l Bank, Boston,
First National Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Mt. Vernon Nat’l B’k, Boston,
N’l B’k of No. America, Boston,
New England N’l B’k, Boston,
N’l B’k of the Republic, Boston,
Nat’l Rockland Bank, Boston,
Shawmut Nat’l Bank, Boston,
Second National Bank, Boston,
National Union Bank, Boston,
N’l Hide & Leather B’k, Boston,
First National Bank, Lynn,
Central National Bank, Lynn,
National City Bank, Lynn,
$5,800
5,500
8,900
4,500
5,400
5,500
1,500
2,500
1,500
2,500
3,400
5,900
11,800
10,000
2,000
7,500
9,200
5,000
43,000
30,100
21,300
$192,800
Estimated
Market Value.
$6,960
4,950
8,900
5,175
4,860
6,545
1,500
5,875
1,665
3,000
3,570
9,145
17,405
15,000
2,300
13,575
11,500
5,250
60,200
48,160
42,600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$5,800
5,500
8,900
4,500
5,400
5,500
1,500
2,500
1,500
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
$278,135 00 $192,800 00
»
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Albany R.R. 5s,
Boston & Maine R.R. 7s, .
Boston & Providence R.R. 4s, .
Boston, Revere Beach & Lynn R.R. 6s,
Boston, Winthrop & Shore R.R. 5s, .
Eastern R.R. 6s.,
.
.
.
.
Fitchburg R.R. 5s, .
N. Y., Providence & Boston R.R. 7s,
Old Colony R.R. 6s,.
Concord & Montreal R.R. 4s, .
Maine Central R.R. 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
18,000
20,000
10,000
25.000
11,500
25.000
29.000
8,000
25.000
15.000
$196,500
Estimated
Market Value.
$10,600
18,000
20,000
10,400
26,000
13,340
26,000
32.480
8,240
24,500
18,750
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$10,000
18,000
20,000
10,000
25.000
11,500
25.000
29.000
8,000
25.000
15.000
00
00
00
00
00
00
00
00
00
00
00
$208,310 00 $196,500 00
306
R E P O R T O F TH E
[Pub. D oc.
Lynn Institution for Savings — Concluded.
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$53,940
131,719
42,500
138,000
Kate.
93
09
00
00
2£ per cent.
3
4
“
4£
“
Amount.
$251,500
901,590
25,000
730,551
Kate.
00
00
00
00
4| per cent.
5
“
5^
“
5i
“
Amount.
$20,000 00
207,487 00
30,900 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, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 401
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 513
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: May 1 and November 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893,...................................................... I 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
1,432
Number of accounts closed during the year ending Oct. 31, 1893,
1,532
Total number of open accounts Oct. 31, 1893,
.
.
.
.
9,756
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
.................................................................................
Amount of deposits, not including dividends, received during the yeaP
ending Oct. 31, 1893, ..........................................................................................
Number of s a m e , ................................................................................. 9,743
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of same.......................................................................................9,748
Date of examination by commissioner: April 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
5| per cent.
6
7
$41,755
50.000
30.000
1,500
84
00
00
00
597,913 00
184,915 41
61,528 97
60,218 92
8,426 61
590,237 60
757,718 88
No. 8 .]
SA V IN G S B A N K C O M M IS S IO N E D
307
M A L D E N S A V IN G S B A N K — M A L D E N .
Incorporated April 2, 1860.
Present number of corporators, 42.
Jam es P ie r c e , President.
F r an cis A . S h o ve , Treasurer.
F ran cis A . Sh o ve , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Jam es P ie r c e ,
E v e r e t t J. S t e v e n s ,
J. P. H o l d e n ,
F. F. S il l im a n .
A . G. H i l l ,
A . F. S a r g e n t ,
Open for business every business day, 8.30 a . m . to 1 p . m . ; also Saturday, for deposits
7 to 8.30 p . 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, .
Loans on public funds,
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Loan on railroad bonds, .
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, 1893.
L iabilities .
$231,000
900
56.000
3,750
61.000
25,000
1,022,598
321,730
00
00
00
00
00
00
00
00
72,900
73,660
468
949
00
71
86
39
$1,869,956 96
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,768,921 84
55,100 00
3,812 54
42,122 58
$1,869,956 96
Cash on Deposit in Banks, amount in each: —
First National Bank, M a l d e n , ........................................................................ $44,843 10
Freeman’s National Bank, B o s t o n , ...............................................................
28,817 61
Loans on Public Funds, amount on each: —
On $1,000 City of Milwaukee, Wis., 5 s , ...................................................... $400 00
On $1,000 City of Holyoke, Mass., 4 s , ...............................................................
500 00
Loans on Bank Stock, amount on each: —
On 3 shares First National Bank, M a l d e n ,......................................................
On 5 shares First National Bank, M a ld e n ,......................................................
On 9 shares First National Bank, M a ld e n ,......................................................
On 20 shares Third National Bank, Boston, .
.
.
.
.
.
.]
On 5 shares Market National Bank, B o s t o n , ............................................. I
On 4 shares Union Market National Bank, Watertown,
.
.
.
. j
On 4 shares Blackstone National Bank, B o s to n ,............................................. j
$250 00
500 00
800 00
2,200 00
Loan on Railroad Bonds: —
On $25,000 Worcester, Nashua & Rochester R .R . 4 s , .................................... $25,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
308
R E P O R T O F TH E
[Pub. D oc
Malden Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Bangor, Me., 6s, .
of Boston, Mass., 3|s,
of Fall River, Mass., 6s, .
of Malden, Mass., 3fs,
of Malden, Mass., 4s,
Town of Brookline, Mass., 7s,
of Clinton, Mass., 4s,
City of Newton, Mass., 5s,
of Cleveland, Ohio, 5s,
of Milwaukee, Wis., 5s, .
of Somerville, Mass., 4^s,
$6,000
1,000
5.000
49,500
103,500
10,000
10,000
8.000
10,000
15.000
13.000
Estimated
Market Value.
$6,585
950
5,595
48,753
103,500
11,200
10,000
8,530
10,050
15,375
13,065
00
00
00
00
00
00
00
00
00
00
00
$231,000 $233,603 00
Amount Invested.
$6,000
1,000
5.000
49,500
103,500
10,000
10,000
8.000
10,000
15.000
13.000
00
00
00
00
00
00
00
00
00
00
00
$231,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
20
23
13
25
28
8
73
15
25
20
10
11
30
12
14
10
55
7
5
16
47
10
15
68
Par Value.
Atlas National Bank, Boston,.
Atlantic National B’k, Boston,
N’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
National Eagle Bank, Boston,.
Eliot National Bank, Boston, .
Nat’l Exchange Bank, Boston,
First National Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston,.
N’l B’k of No. America, Boston,
North National Bank, Boston,
Old Boston Nat’l B’k, Boston,
N’l B’k of Redemption, Boston,
National Revere Bank, Boston,
Nat’l Rockland Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Blackstone N’l Bank, Boston, .
First National Bank, Malden, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,000
2,300
1,300
2,500
2,800
800
7,300
1,500
2,500
2,000
1,000
1,100
3,000
1,200
1,400
1,000
5,500
700
500
1,600
4,700
1,000
1,500
6,800
$56,000
Estimated
Market Value.
$2,340
2,950
1,534
2,900
2,660
960
8,600
3,555
2,650
2,100
1,140
1,100
4,290
1,260
1,540
990
6,875
700
750
1,792
4,842
940
1,350
10,880
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$68,698 00
Amount Invested.
$2,000
2,300
1,300
2,500
2,800
800
7,300
1,500
2,500
2,000
1,000
1,100
3,000
1,200
1,400
1,000
5,500
700
500
1,600
4,700
1,000
1,500
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
$56,000 00
No. 8 .]
SA V IN G S B A N K
309
CO M M ISSION ERS
Malden Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Boston & Lowell R.R. 6s,
New Bedford R.R. 7s,
Old Colony R.R. 7s,
. . .
Boston & Albany R.R. 6s,
Boston & Maine R.R. 6s, .
$3,000
25,000
2,000
1,000
1,000
9,000
20,000
$61,000
Estimated
Amount Invested.
Market Value.
$2,970
24,500
2,035
1,005
1,005
9,135
20,000
00
00
00
00
00
00
00
$60,650 00
$3,000
25,000
2,000
1,000
1,000
9,000
20,000
00
00
00
00
00
00
00
$61,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$48,817
13,500
9,500
44,743
9,000
Kate.
61
00
00
10
00
2£ per cent.
34
«
H
4
44
“
“
Amount.
$40,000
394,375
55,000
261,416
4,630
Rate.
00
00
00
00
00
44 per cent.
5
“
54
5£
“
“
Kate.
Amount.
$568,357
53,200
10,000
8,000
00
00
00
00
6 per cent.
7
8
“
12
5|
Number of loans which are of an amount not exceeding $3,000 each, 518
Aggregate amount of the s a m e , ........................................................................ $660,348 00
Total number of loans upon real e s t a t e , ............................................. 565
Gross amount of interest or profits received or earned, as per books, during
93,605 84
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April
and October.
.
32,279 76
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
32,796 51
year ending Oct. 31, 1 8 9 3 ,...................................................... 12 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
1,338
Number of accounts closed during the year ending Oct. 31, 1893,
1,032
Total number of open accounts Oct. 31, 1893,
.
.
.
.
6,868
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
5,849 96
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
553,611 52
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .................................................................................10,288
Amount of withdrawals, including dividends, during the year ending Oct.
552,340 60
31, 1 8 9 3 , ............................................................................................................
Number of s a m e ,................................................................................. 7,126
Date of examination by commissioner: April 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
310
R E P O R T O F TH E
[Pub. D oc.
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 March 18, 1871.
Present number of corporators, 58.
N. P . Sanborn , President.
W il l ia m G il l e y , Treasurer.
E verett P a in e , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
N. P. Sanborn ,
H en ry A . P otter ,
W il l ia m R eyn o ld s ,
S amuel D. Sm it h ,
M oses G il b e r t .
Open for business every business day, 9 a . m . to 12 m . ; also Saturday, 6 to 8 p .m .
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,
Loan 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, .
.
.
.
31, 1893.
Liabilities .
$40,525
58,249
2,109
52,000
12,237
136,262
114,450
41,299
2,173
506
00
04
00
00
51
00
00
73
78
17
Deposits, .
Guaranty fund,
Interest account,
$459,812 23
$438,217 17
10,872 35
10,722 71
$459,812 23
Cash on Deposit in Bank: —
Marblehead National Bank, M a r b le h e a d ,...................................................... $41,299 73*
Loan on Bank Stock: —
On 22 shares National Grand Bank, Marblehead.................................................$2,109 00
* This amount has been reduced within the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS
311
Marblehead Savings Bank — Continued.
Detailed Statement o f Public Funds.
Estimated
Market Value.
Town of Marblehead, Mass , 4s,
City of Bangor, Me., 6s, .
of Cleveland, Ohio, 5s,
of Portsmouth, N. H., 4s,
of Toledo, Ohio, 5s, .
$15,500
8,000
5,000
10,000
2,000
$15,500
8,640
5,085
10,000
2,000
00
00
00
00
00
$40,500
$41,225 00
$15,500
8,000
5,000
10,025
2,000
00
00
00
00
00*
$40,525 00
* This bank has been notified that this is an illegal investment and must be eliminated from
its assets.
Detailed Statement o f Bank Stocks.
<+H 03
o o
Estimated
Market Value.
O2
^ 55
30 Blackstone Nat’l Bank, Boston,
31 Boylston Nat’l Bank, Boston, .
25 Continental N’l Bank, Boston,
5 Hamilton Nat’l Bank, Boston,
9 Market National Bank, Boston,
25 Merchants’ Nat’l Bank, Boston,
20 Mt. Vernon N’l Bank, Boston,
25 North National Bank, Boston, .
25 Shawmut Nat’l Bank, Boston,.
21 Shoe & Leather Nat’l Bank,
Boston,..................................
58 State National Bank, Boston,
19 N’l B’k of Commerce, Boston,
25 N’lB ’k o f No. America, Boston,
29 National Bank of Redemption,
Boston,
.
.
.
.
24 N’l B’k of the Republic, Boston,
32 N’l Hide & Leather B’k, Boston,
4 National Revere Bank, Boston,
8 Winthrop Nat’l Bank, Boston,
43 Marblehead N’l Bank, Marblehead, .
38 N’l Grand Bank, Marblehead,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
3,100
2,500
500
900
2,500
2,000
2,500
2,500
$2,707
3,797
2,868
570
828
3,575
2,500
2,725
2,800
50
50
75
00
00
00
00
00
00
$3,000
3,839
2,687
591
900
3,331
2,505
3,056
3,084
00
50
50
25
00
25
20
25
37
2,100
5,800
1,900
2,500
1,890
5,937
2,342
3,125
00
75
00
00
2,100
6,300
2,440
2,778
00
45
00
12
2,900
2,400
3,200
400
800
3,538
3,504
3,376
400
928
00
00
00
00
00
4,067
3,072
3,744
400
800
25
00
00
00
00
4,300
3,800
4,945 00
4,560 00
4,912 75
4,639 15
$49,600
$56,917 50
$58,249 04
[Pub. D oc.
R E P O R T O F TH E
312
Marblehead Savings B ank— Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4 s,.
Boston <fc Lowell R.R. 7s,
Boston & Maine R.R. 4s, .
Fitchbui’g R.R. 4^s, .
.
.
Fitchburg R.R. 5s, .
Maine Central R.R. 4|s, .
Upper Coos R.R. 4s,
. .
.
.
Estimated
Market Value.
$10,000
10,000
7,000
5,000
5,000
10,000
5,000
$10,000
10,300
7,000
5,000
5,250
10,200
5,000
00
00
00
00
00
00
00
$52,000
$52,750 00
Amount Invested.
$10,000
10,000
7,000
5,000
5,000
10,000
5,000
00
00
00
00
00
00
00
$52,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.
Amount.
$41,299 73
5,000 00
61,600 00
2 per cent.
4|
5
Amount.
$10,000 00
44,559 00
100,862 00
Kate.
5| per cent.
5à
“
6
“
Amount.
$30,800 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31,1893,
.
.
Number of loans which are of an amount not exceeding $3,000 each,. 72
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 81
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws : May 1 and November 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 , ............................................. • J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 273
Number of accounts closed during the year ending Oct. 31, 1893,
. 223
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,980
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , ................................................................................. 1,692
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of s a m e , ................................................................................. 1,435
Date of examination by commissioner : June 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
8 per cent.
$12,237 51
15,750 00
1,517 82
66,621 00
21,042 76
7,767 80
8,185 57
674 17
86,540 00
87,235 62
No. 8 .]
313
SA Y IN G S B A N K CO M M ISSION ERS
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, 108.
S. H erber t H ow e , President.
E d w a r d R. A l l e y , Treasurer.
E d w a r d R. A l l e y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
S. H erb e r t H ow e ,
L orim an S. B r ig h a m ,
A lbe C. W eeks ,
W inslow M. W a r r e n ,
W il l ia m D. B urdett .
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 la n c e Sh e e t O cto ber
L iabilities .
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), ....................................
Deposits in banks, on interest, .
Expense account,
31, 1893.
$285,000 00
204,800 00
124,000 00
14,040
5,000
922,397
63,055
07
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,565,387 16
54,260 00
10,415 88
46,184 54
30,000 00
26,546 50
1,409 01
$1,676,247 58
$1,676,247 58
Cash on Deposit in Banks, amount in each: —
People’s National Bank, Marlborough,............................................................... $11,238 19
First National Bank, Marlborough.......................................................................
15,308 31
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
314
R E P O R T O F TH E
[Pub. D oc.
Marlborough Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Arlington, Mass., 4s,
of Clinton, Mass , 4s,
of Pawtucket, R. I., 4s, .
of Pawtucket, R. I., 5s, .
of Peabody, Mass., 4s, .
of Weymouth, Mass., 4s,
of Wellesley, Mass., 4s,
of Winchester, Mass., 4s,
City of Boston, Mass., 4s,
of Boston, Mass., 6s,
of Cambridge, Mass., 6 s,.
of Detroit, Mich., 4s,
of Fall River, Mass., 6s, .
of Fitchburg, Mass., 4s, .
of Keene, N. H , 4s, .
of Lewiston, Me., 5s,
of Lynn, Mass., 4s, .
of Marlborough, Mass., 4s,
of Malden, Mass., 4s,
of Newton, Mass., 4s,
of Newton, Mass., 5s,
of Providence, R. I., 4s, .
of Providence, R. L, 5s, .
of Somerville, Mass., 5s, .
of Springfield, Mass., 7s,
of Taunton, Mass., 6s,
of Waltham, Mass., 4s,
of Worcester, Mass., 3^s,
of Worcester, Mass., 4s, .
Town oí Gt. Barrington, Mass., 4 s,.
$7,000
9,000
3,000
10,000
15,000
8,000
15,000
15,000
20,000
11,000
6,000
5,000
5,000
23,000
10,000
7,000
12,000
42,000
5,000
1,000
2,000
10,000
4,000
5,000
1,000
4,000
15,000
5,000
5,000
5,000
$285,000
Estimated
Market Value.
$7,000
9,000
2,970
10,300
15,000
8,000
15,000
15,000
20,100
12,650
6,300
5,000
5,150
23,000
10,000
7,700
12,000
42,000
5,000
1,010
2,210
10,200
4,420
5,050
1,080
4,160
15,000
4,800
5,000
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
$289,100 00
Amount Invested.
$7,000
9,000
3,000
10,000
15,000
8,000
15,000
15,000
20,000
11,000
6,000
5,000
5,000
23,000
10,000
7,000
12,000
42,000
5,000
1,000
2,000
10,000
4,000
5,000
1,000
4,000
15,000
5,000
5,000
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
$285,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
80 Atlas National Bank, Boston,.
50 Blackstone Nat’l B’k, Boston, .
50 Boston National Bank, Boston,
12 Boylston Nat’l Bank, Boston, .
88 Continental N’l Bank, Boston,
45 Eliot National Bank, Boston, .
62 Everett Nat’l Bank, Boston, .
70 Faneuil Hall N’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$8,000
5,000
5,000
1,200
8,800
4,500
6,200
7,000
Estimated
Market Value.
$9,220
4,512
4,625
1,470
10,098
5,197
5,456
8,400
00
50
00
00
00
50
00
00
Amount Invested.
$8,000
5,000
5,000
1,200
8,800
4,500
6,200
7,000
00
00
00
00
00
00
00
00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS
315
Marlborough Savings Bank — Continued.
No. of
Shares.
Detailed Statement of Bank Stocks — Concluded.
40
50
25
35
70
50
50
10
50
15
76
75
15
64
42
100
60
25
75
30
50
50
65
50
70
80
15
30
97
85
14
16
12
Par Value.
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston,
Mt. Vernon Nat’l B’k, Boston,.
National City Bank, Boston, .
N’l B’k of Commerce, Boston,
National Eagle Bank, Boston,
Nat’l Exchange Bank, Boston,
N’l Hide & Leather B’k, Boston,
Nat’l Bank of North America,
Bost on, .
.
.
.
.
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
National Revere Bank, Boston,
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Shoe and Leather Nat’l Bank,
Boston,
.
.
.
.
State National Bank, Boston, .
Suffolk National Bank, Boston,
Third National 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, Marlborough,
Newton Nat’l Bank, Newton, .
City Nat’l Bank, Worcester, .
Fourth National Bank, Boston,
Estimated
Market Value.
Amount Invested.
$4,000
5,000
2,500
3,500
7,000
5,000
5,000
1,000
5,000
1,500
7,600
7,500
1,500
$3,800
4,606
7,850
3,465
6,825
4,600
7,150
1,200
4,250
1,770
6,460
8,850
1,582
00
25
00
00
00
00
00
00
00
00
00
00
50
$4,000
5,000
2,500
3,500
7,000
5,000
5,000
1,000
5,000
1,500
7,600
7,500
1,500
00
0U
00
00
00
00
00
00
00
00
00
00
00
6,400
4,200
10,000
6,000
2,500
7,500
3,000
5,000
6,736
5,271
14,600
6,000
3,225
6,750
3,480
5,600
00
00
00
00
00
00
00
00
6,400
4,200
10,000
6,000
2,500
7,500
3,000
5,000
00
00
00
00
00
00
00
00
5,000
6,500
5,000
7,000
8,000
1,500
3,000
9,700
8,500
1,400
1,600
1,200
4,500
6,654
4,825
6,090
7,600
1,875
4,380
10,670
10,030
1,050
2,240
1,410
00
37
00
00
00
00
00
00
00
00
00
00
5,000
6,500
5,000
7,000
8,000
1,500
3,000
9,700
8,500
1,400
1,600
1,200
00
00
00
00
00
00
00
00
00
00
00
00
$204,800 $224,374 12 $204,800 00
Detailed Statement o f Railroad Bonds.
Par Value.
Boston
Boston
Boston
Boston
Boston
& Albany R.R. 6s,
& Lowell R.R. 4s,
& Lowell R.R. 6s,
& Maine R.R. 4 s ,.
& Providence R.R. 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
15.000
5.000
15.000
5.000
Estimated
Market Value.
$3,045
14,850
5,175
14,700
5,000
00
00
00
00
00
Amount Invested.
$3,000
15.000
5.000
15.000
5.000
00
00
00
00
00
[Pub. D oc.
R E P O R T O F TH E
316
'
Marlborough Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds — Concluded.
Par Value.
Fitchburg R.R. 4±-s, .
.
.
.
Maine Central R.R. 4|s, .
Old Colony R.R. 4s,
. . .
Old Colony R.R. 4is,
Old Colony R.R. 6s,.
Portland & Ogdensburg R.R. 6s,
Upper Coos R.R. 4is,
$20,000
5,000
30,000
3,000
2,000
10,000
11,000
$124,000
Estimated
Market Value.
$20,000
5,100
30,000
3,030
2,045
10,800
11,000
Amount Invested.
00
00
00
00
00
00
00
$20,000
5,000
30,000
3,000
2,000
10,000
11,000
00
00
00
00
00
00
00
$124,745 00 $124,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$26,546 50
27,500 00
5,000 00
2£ per cent.
4
“
4^
Amount.
$79,000 00
293,800 00
20,058 00
Rate,
Amount.
Rate.
4^ per cent.
5
“
H
“
$590,094 00
6 per cent.
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, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise, .....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 571
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 637
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 9 3 , .................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in Jan
uary and July.
Rate and amount of each semi-annual dividend during the 12 per cent., f
year ending Oct. 31, 1 8 9 3 , ......................................................J 2 per cent, (
Number of accounts opened during the year ending Oct. 31, 1893,
. 824
Number of accounts closed during the year ending Oct. 31, 1893,
. 786
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,894
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same,
........................................................................ 4,173
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ........................................................................ .........
.
.
.
Number of s a m e , ................................................................................ 3,706
Date of examination by commissioner: May 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$14,040
14,040
10,300
208
07
07
00
05
5.000 00
6.000 00
545,992 00
5,000 00
84,164 10
29,899 74
30,938 56
4,859 85
308,979 00
380,315 20
No. 8 .]
317
S A Y IN G S B A N K CO M M ISSION ERS.
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 March 16, 1872.
Present number of corporators, 39.
T im othy M e r r ic k , President.
C. B. P rescott , Treasurer.
E. W . C h a p in , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
J. S. W e b b e r ,
L emuel S ears ,
T im o t h y M e r r ic k ,
R . P . C rafts ,
S. C. W e l d .
Open for business every business day, 9
a .m
. to 4 p . m . ; also Saturday, 6 to 8 p .m .
B a l a n c e Sh e e t O ctober
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,
Furniture and fixtures,
Expense account,
Cash on hand, .
.
.
.
31, 1893.
L iabilities .
$58,646
31,300
7,600
625,195
239,765
825
9,337
2,407
2,791
3,487
50
00
00
00
00
00
41
00
27
29
Deposits, .
Guaranty fund,
Interest account,
Profit aud loss ac
count, .
$981,354 47
$926,296 67
26,025 00
16,499 55
12,533 25
$981,354 47
Cash on Deposit in Bank : —
City National Bank, H o l y o k e , ........................................................................ $9,337 41
Loans on Bank Stock, amount on each : —
On 68 shares Third National Bank, Springfield................................................. 1
On 13 shares Hadley Falls National Bank, H o ly o k e ,.................................... J
On 8 shares Agawam National Bank, S p r i n g f i e l d ,....................................
On 10 shares Springfield National Bank, Springfield,....................................
On 25 shares City National Bank, Holyoke,......................................................
On 10 shares City National Bank, Holyoke,......................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6 700
’
800
1,000
2,000
1,000
00
00
00
00
00
318
R E P O R T O F TH E
[Pub. D oc.
Mechanics’ Savings Bank, Holyoke — Continued.
On 63 shares City National Bank, Holyoke,.............................................
On 46 shares Hadley Falls National Bank, Holyoke, .
.
.
.
On 7 shares Chicopee National Bank, Springfield,
.
.
.
.
On 18 shares Second National Bank, Springfield,....................................
On 23 shares Third National Bank, Springfield,....................................
On 15 shares Springfield Safe Deposit and Trust Company, Springfield,
On 25 shares Home National Bank, H o l y o k e , ....................................
On 10 shares City National Bank Holyoke,.............................................
$15,000 00
1,500 00
2,300 00
1,000 00
Ko. of
Shares.
Detailed Statement o f Bank Stocks.
22
193
102
8
50
20
50
Far Value.
Shoe & Leather N’l B’k, Boston,
City Nat’l Bank, Holyoke,
Hadley Falls N’l B’k, Holyoke,
Holyoke Nat’l Bank, Holyoke,
Home Nat’l Bank, Holyoke, .
First Nat’l Bank, Springfield, .
Third Nat’l Bank, Springfield,
$2,200
19,300
10,200
300
5,000
2,000
5,000
$44,000
Estimated
Market Value.
$2,200
22,195
16,830
498
5,750
2,800
10,000
Amount Invested.
00
00
00
00
00
00
00
$60,273 00
$3,008
21,500
16,310
498
5,750
3,080
8,500
50
00
00
00
00
00
00
$58,646 50
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.
$9,337 41
874,610 00
Rate.
4 per cent.
5
«
Amount.
$20,000 00
Rate.
5£ per cent.
Amount.
$2,475 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
.
.
Number of loans which are of an amount not exceeding $3,000 each,. 217
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 233
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 , .................................................................................
Times for the dividends fixed by the by-laws: second Monday in May
and November.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6 per cent.
$7,600 00
5,960 00
680 14
283,960 00
45,966 78
No. 8 .]
SA Y IN G S B A N K COM M ISSION ERS.
319
Mechanics’ Savings Bank, Holyoke — Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,......................................................1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 478
Number of accounts closed during the year ending Oct. 31, 1893,
. 487
Total number of open accounts Oct. 31, 1893.....................................
2,647
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , .......................................................................................... 4,053
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
Number of s a m e , .......................................................................................... 2,673
Date of examination by commissioner: April 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$17,275 82
18,105 30
5,764 96
210,972 29
261,750 39
R E P O R T O F TH E
320
[Pub. D oc
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, 56.
J e rem iah C l a r k , President.
C h as . C. H utchinson , Treasurer.
C h as . C. H utchinson , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Jacob R ogers ,
John D a v is ,
James F rancis ,
Ch a s . C. H utchinson ,
Clarence H. N elson .
Open for business every business day, 9 a .m . to 1 p .m ; also Saturday, 7 to 9 p .m .
B a lan ce Sh eet October
31, 1893.
L iabilities .
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,
Railroad notes, .
.
.
.
Real estate (for banking purp o s e s ) , ....................................
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
T a x e s , ....................................
Suspense account,
Cash on hand, .
.
.
.
$66,000
272,550
36,000
52,000
10,000
50,000
00
00
00
00
00
00
86,000
17,000
985,970
517,760
50
149,531
2,059
1,066
4,484
5,330
00
00
00
00
00
17
41
00
98
67
Deposits, .
Guaranty fund,
Interest account,
Rents,
$2,255,802 23
$2,119,590
82,000
40,189
14,022
39
00
08
76
$2,255,802 23
Cash on Deposit in Banks, amount in each : —
Railroad National Bank, Lowell.................................................
Old Lowell National Bank, L o w e l l , ....................................
National Hide & Leather Bank, Boston,
.
.
.
.
$86,853 60
10,000 00
52,677 57
Loans on Bank Stock, amount on each: —
On 25 shares Old Lowell 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 150 shares National Hide and Leather Bank, Boston, .
On 85 shares Railroad National Bank, Lowell,
$2,500 00
10,000 00
23,500 00
Loan on Railroad Bonds : —
On $10,000 Lowell & Lawrence R .R. 6 s , ....................................................... $10,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
321
SA Y IN G S B A N K CO M M ISSION ERS.
Mechanics’ Savings Bank, Lowell — Continued.
Detailed Statement o f Public Funds.
Estimated
Par Value.
City of
of
of
of
of
of
Concord, N. H., 4s,
Lowell, Mass., 4s,
Lynn, Mass., 4s, .
Marlborough, Mass., 4s,
Newton, Mass., 4s,
Waltham, Mass., 4s,
Market Value.
$10,000
16,000
10,000
10,000
10,000
10,000
$10,000
16,000
10,000
10,000
10,000
10,000
$66,000
$66,000 00
00
00
00
00
00
00
Amount Invested.
$10,000
16,000
10,000
10,000
10,000
10,000
00
00
00
00
00
00
$66,000 00
Mo. 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
100
150
28
30
117
68
Par Value.
Atlas National Bank, Boston,.
Blackstone Nat’l B’k, Boston, .
Boston National 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’ Nat’l Bank, Boston,
Metropolitan N’l B’k, Boston,.
Mt. Vernon Nat’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, .
Suffolk National Bank, Boston,
Nat’l Webster Bank, Boston, .
Collateral Loan Co., Boston, .
Bay State N’l B’k, Lawrence,
Railroad N’l Bank, Lowell,
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
10,000
15,000
2,800
2,250
11,700
6,800
$239,150
Estimated
Market Value.
Amount Invested.
$12,216 00
8,934 00
5,859 00
776 00
5,310 00
3,800 00
2,887 00
8,257 00
1,896 00
7,410 00
21,100 00
1,287 00
38,756 00
9,725 00
1,321 00
16,642 00
4,687 00
3,903 00
35,265 00
12,242 0J
16,000 00
3,700 00
4,368 00
9,250 00
13,725 00
3,360 00
3,750 00
15,210 00
9,520 00
$11,660 00
9,900 00
7,056 00
900 00
5,040 00
4,000 00
2,500 00
9,000 00
800 00
8,000 00
21,000 00
1,300 00
36,800 00
10,000 00
1,000 00
15,500 00
5,160 00
3,700 00
32,315 00
9,960 00
19,200 00
2,500 00
4,290 00
10,000 00
14,600 00
2,800 00
2,250 00
13,839 00
7,480 00
$281,156 00 $272,550 00
!
[Pub. D oc.
R E P O R T O F TH E
322
Mechanics’ Savings Bank, Lowell — Concluded.
Detailed Statement o f Railroad Bonds.
Estimated
Market Value.
Amount Invested.
$50,000
2,000
$50,000 00
2,000 00
$50,000 00
2,000 00
$52,000
$52,000 00
$52,000 00
Par Value.
Concord & Montreal R.R. 4s, .
Salem & Lowell R.R. 6 s,.
.
.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
Rate.
2J per cent.
3
“
4
$469,600 00
60,000 00
882,445 00
4i per cent.
4|
“
5
“
Amount.
$139,531 17
10,000 00
8,000 00
Amount.
$7,260 00
169,975 00
2,500 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, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise, .
............................................. ‘
.....................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 351
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, 1893, .................................................................................
Times for the dividends fixed by the by-laws: first Saturday in June and
December.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,...................................................... 12 per cent., <
Number of accounts opened during the year ending Oct. 31, 1893,
. 603
Number of accounts closed during the year ending Oct. 31, 1893,
. 706
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,959
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 3 1 ,1 8 9 3 ,..........................................................................................
Number of s a m e , .................................................................................3,775
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e ,................................................................................. 3,760
Date of examination by commissioner: September 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
5^ per cent.
6
7
$ 86,000
80,000
65.000
2,587
00
00
00
98
17.000 00
24,480 00
522 93
423,330 00
108,351 31
40,694 82
41,537 75
5,400 90
280,054 97
362,270 57
N o. 8 .]
S A Y IN G S B A N K CO M M ISSIO N ERS.
328
M E C H A N IC S ’ S A V IN G S B A N K — R E A D IN G .
Incorporated March 20, 1891.
Present number of corporators, 16.
J ames W ig h t , President.
E d w a r d F. P a r k e r , Treasurer.
E d g a r M. H unt, Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
James W ig h t ,
W il l ia m A. L an g ,
W en dell B ancroft .
Open for business every business day, 8.30 to 11 a .m . ; 2.30 to 4 p .m . ; Saturday,
7.30 to 9 p .m .
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,
Railroad bonds as per schedule,
Loans on real estate, .
Deposit in bank, not on interest,
Expense account,
Cash on hand.................................
31, 1893.
L iabilities .
$1,010
3,120
6,600
413
47
91
00
00
00
04
29
58
Deposits, .
Guaranty fund,
Interest account,
$11,281 91
$11,154 79
27 67
99 45
$11,281 91
Cash on Deposit in Bank: —
First National Bank, R e a d i n g , ........................................................................ $413 04
No. of
Shares.
Detailed Statement o f Bank Stocks.
10
Par Value.
First National Bank, Beading,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
Estimated
Market Value.
$1,020 00
Amount Invested.
$1,010 00
[Pub. D oc
R E P O R T O F TH E
324
Mechanics’ Savings Bank, Reading — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Fitchburg R.R. 7s, .
.
Maine Central R.R. 4is, .
Upper Coos R.R. 4s,
.
.
.
.
.
Estimated
Market Value.
Amount Invested.
$1,000
1,000
1,000
$1,050 00
1,060 00
995 00
$1,055 00
1,070 00
995 00
$3,000
$3,105 00
$3,120 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$300 00
5 per cent.
Amount.
$6,300 00
Rate.
Amount.
6 per cent.
-
Rate.
-
Number of loans which are of an amount not exceeding $3,000 each,
7
Aggregate amount of the s a m e , ........................................................................ $6,600 00
Total number of loans upon real e s t a t e , ............................................. 7
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
329
Times for the dividends fixed by the by-laws: second Saturday in June
and December.
Rate and amount of dividend during the year ending Oct. 31, 1893,
2 per cent, ............................................................................................................
187
Number of accounts opened during the year ending Oct. 31, 1893,
. 75
Number of accounts closed during the year ending Oct. 31, 1893,
. 30
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 157
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
37
Amount of deposits, not including dividends, received during the year
ending Oct. 3 1 ,1 8 9 3 ,..........................................................................................
10,494
Number of s a m e , ...........................................................................................257
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
8,173
Number of s a m e ,.......................................................................................... 120
Date of examination by commissioner: September 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
67
57
45
20
81
No. 8 .]
325
SA Y IN G S B A N K CO M M ISSION ERS
M EDFORD S A V IN G S B A N K — M ED FOR D.
Incorporated Feb. 26, 1869.
Present number of corporators, 82.
D a n ie l W . L aw ren ce , President.
C h arles B. B uss , Treasurer.
J. G ilm an W ait e , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
D a n ie l W . L aw ren ce ,
D a n ie l A. G leason ,
Charles M. B arr e t t ,
B en j . F. H a y e s ,
F rank . E . C h a n d l e r .
Open for business every business day, 8 to 11 a .m ., 3 to 6 p .m . ; also 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, 1893.
L iabilities .
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), ....................................
Deposits in banks, on interest, .
Safe, furniture and fixtures,
Cash on hand, .
.
.
.
$128,500 00
34,850 00
45.000 00
24.000
685
565,550
192,450
00
81
00
00
60.000
31,812
2,500
3,058
00
59
00
17
$1,088,406 57
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,024,780 12
26,650 00
24,901 94
12,074 51
$1,088,406 57
Cash on Deposit in Banks, amount in each: —
National Exchange Bank, B o s t o n , ............................................................... $15,516 19
National Bank of Commerce, B o ston ,...............................................................
16,296 40
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
326
R E P O R T O F TH E
[Pub. D oc
Medford Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Biddeford, Me., 4s,
of Lynn, Mass., 5s, .
of Fall River, Mass., 6s, .
of Natick, Mass., 4s,
of Providence, R. I., 4s, .
of Waltham, Mass., 4s, .
Town of Hartland, Me., 4is, .
of Medford, Mass., 4s, .
of Medford, Mass., 6s, .
of Wellesley, Mass., 4s,
City of Boston, Mass., 6s,
$14,500
5,000
3,000
5,000
25,000
15,000
12,000
25,000
3,000
15,000
6,000
$128,500
Estimated
Market Value.
$14,500
5,400
3,600
5,000
25,500
15,000
12,000
25,000
3,030
15,000
6,060
00
00
00
00
00
00
00
00
00
00
00
$130,090 00
Amount Invested.
$14,500
5,000
3,000
5,000
25,000
15,000
12,000
25,000
3,000
15,000
6,000
00
00
00
00
00
00
00*
00
00
00
00
$128,500 00
* A legal investment when made.
No. of
Shares.
Detailed Statement o f Bank Stocks.
12
15
33
4
10
15
40
25
10
20
10
25
20
12
25
15
20
25
Par Value.
N’l B’k of Commerce, Boston,
Hamilton Nat’l Bank, Boston, .
Blackstone N’l Bank, Boston, .
National Revere Bank, Boston,
National Eagle Bank, Boston, .
N’l B’k of the Republic, Boston,
National Bank of the Commonwealth, Boston, .
Monument Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
N’l Hide & Leather B’k, Boston,
Nat’l Webster Bank, Boston, .
Boston National Bank, Boston,
North National Bank, Boston,
Winthrop Nat’l Bank, Boston,
Suffolk National Bank, Boston,
Continental N’l Bank, Boston,
Commercial N’l Bank, Boston,
Central Nat’l Bank, Lynn,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested,
$1,200
1,500
3,300
400
1,000
1,500
$1,416
1,710
2,978
400
950
2,190
00
00
25
00
00
00
$1,200
1,500
3,300
400
1,000
1,500
00
00
00
00
00
00
4,000
2,500
1,000
2,000
1,000
2,500
5,130
5,500
920
2,130
915
2,325
2,180
1,392
2,412
1,725
1,920
3,625
00
00
00
00
00
00
00
00
50
00
00
00
4,000
3,750
1,000
2,000
1,000
2,500
2,000
1,200
2,500
1,500
2,000
2,500
00
00
00
00
00
00
00
00
00
00
00
00
2 ,0 0 0
1,200
2,500
1,500
2,000
2,500
$33,600
$39,818 75
$34,850 00
No. 8 .]
327
SA V IN G S B A N K COM M ISSION ERS.
Medford Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4-|s,.
.
.
.
Portland & Kennebec R.R 6s,
$5,000
10,000
25,000
5,000
$45,000
Estimated
Market Value.
$5,075
9,500
25,000
5,075
Amount Invested.
$5,000
10,000
25,000
5,000
00
00
00
00
$44,650 00
00
00
00
00
$45,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$31,812 59
20,000 00
100,000 00
Kate.
Amount.
Bate.
Amount.
Kate.
2£ per cent.
4
“
4£
“
$205,250 00
13,500 00
52,300 00
5 per cent.
51
“
“
$384,450 00
20,000 00
22,500 00
6 per cent.
6h “
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the s a m e ,.................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
wise,
....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 294
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 307
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : second Saturday in May
and November.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1893..................................................
1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
563
Number of accounts closed during the year ending Oct. 31, 1893,
. 378
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,412
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of t a x e s ) , ...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 3 1,1893,...................................................................................................
Number of s a m e ,................................................................................. 4,043
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
Number of s a m e , ................................................................................. 2,907
Date of examination by commissioner : June 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
7
$24,000 00
24,000 00
18,900 00
685 81
1,150 00
83 83
396,100 00
52,508 65
17,836 80
18,769 86
3,448 24
278,685 00
263,755 71
328
[Pub. D oc
R E P O R T O F TH E
M EDW AY
S A V IN G S B A N K — M E D W A Y .
Incorporated Feb. 20, 1871.
Present number of corporators, 39.
M ilton M. F is h e r , President.
F re d e r ic k L. F is h e r , Treasurer.
F re d e r ic k L. F is h e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
M. M. F is h e r ,
A. M. B. F u l l e r ,
S. G. Cl a r k ,
W ales K im b a l l ,
S umner R obbins ,
W . H. C a r e y .
Open for business every business day, 9 a .m . to 12 m . ; 2 to 5 p . m .
B alance Sheet October 31, 1893.
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
(notes).........................................
Deposits in banks, on interest, .
Cash on hand, .
.
.
.
L iabilities .
$25,000
5,000
27,010
4,450
36,650
4,846
121,595
23,956
00
00
00
00
50
69
50
70
Deposits, .
Guaranty fund,
Interest account,
$246,475 90
11,515 42
4,441 98
8,020 24
4,493 32
1,410 35
$262,433 30
$262,433 30
Cash on Deposit in Banks, amount in each : —
Central National Bank, Boston...............................................................................$2,018 72
Howard National Bank, B o s t o n ,........................................................................
2,474 60
Loan on Public Funds : —
On $5,000 Haverhill, Mass., 4 s , ........................................................................ $5,000 00
Loans on Bank Stock, amount on each : —
On 5 shares Dedham National Bank, D e d h a m ,............................................. $200 00
On 20 shares Central National Bank, B o s t o n , .............................................
1,750 00
On 10 shares Framingham National Bank, Framingham, .
.
.
.j
On 20 shares Holliston National Bank, H o l l i s t o n , .................................... j
2,500 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS
329
Medway Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass , 4s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s,
of Dayton, Ohio, 6s,
of Detroit, Mich., 6s,
of Fort Wayne, Ind., 6s,
of Grand Rapids, Mich.,
of Keene, N. H., 6s, .
of Springfield, Ohio, 5s,
Town of Andover, Mass., 4s,
of Hyde Park, 111., 7s,
City of Waltham, Mass., 4s,
Town of Melrose, Mass., 4s,
.
5s,
.
.
.
.
Estimated
Market Value.
$1,020
2,070
2,100
500
1,080
2.140
2.140
515
3,110
2,000
3,060
5.000
1.000
$1,000
2,000
2,000
500
1,000
2,000
2,000
500
3.000
2.000
3.000
5.000
1.000
$25,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$25,735 00
Amount Invested.
$1,000
2,000
2,000
500
1,000
2,000
2,000
500
3.000
2.000
3.000
5.000
1.000
00
00
00
00*
00
00
00
00
00
00
00
00
00
$25,000 00
* A legal investment when made.
No. of
Shares.
Detailed Statement o f Bank Stocks.
6 Atlas National Bank, Boston, .
18 Boston Nat’l Bank, Boston,
30 Central Nat’l Bank, Boston, .
30 First Ward Nat’l Bank, Boston,
15 N’l Hide & Leather B’k, Boston,
10 Howard Nat’l Bank, Boston, .
10 Market Nat’l Bank, Boston, .
25 Manufacturers’ N’l B’k, Boston,
15 Mt. Vernon N’l Bank, Boston,
20 National Revere Bank, Boston,
20 Shawmut Nat’l Bank, Boston,
12 Winthrop Nat’l Bank, Boston,
20 Dedham Nat’l Bank, Dedham,
17 Franklin Nat’l Bank, Franklin,
20 Iiolliston Nat’l Bank, Holliston,
3 Wrentham N ’l B’k, Wrentham,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$600
1,800
3,000
3,000
1,500
1,000
1,000
2,500
1,500
2,000
2,000
1,200
2,000
1,700
2,000
210
$27,010
Estimated
Market Value.
Amount Invested.
$691
1,665
4,425
3,825
1,582
990
920
2,437
1,875
2,000
2,240
1,392
1,900
1,870
2,000
240
$600
1,800
3,000
3,000
1,500
1,000
1,000
2,500
1,500
2,000
2,000
1,200
2,000
1,700
2,000
210
50
00
00
00
50
00
00
50
00
00
00
00
00
00
00
00
$30,053 50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$27,010 00
330
R E P O R T OF TH E
[Pub. D oc.
Medway Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston, Clinton & Fitchburg R.R. os,
Boston & Lowell R.R. 4s,
Boston & Maine R R. 7s, .
Boston & Providence R.R. 4s, .
Concord & Montreal R.R. 4s, .
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. 4s,
. . .
Old Colony R.R. 6s,.
Old Colony R.R. 7s,
. . .
Portland & Kennebec R.R, 6s,
Portland & Ogdensburg R.R. 6s,
Salem & Lowell R.R. 6s,.
Vermont & Massachusetts R.R. 5s, .
Estimated
Market Value.
$2,000
5,000
2,500
3,000
2,000
2,000
2,000
1,000
2,000
2,000
3,000
2,000
1,000
1,000
2,000
2,500
1,000
$36,000
$2,160
5,000
2,500
3,000
2,000
2,100
2,060
1,050
2,160
2,060
3,000
2,100
1,005
1,010
2,160
2,675
1,050
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$37,090 00
$2,100
5,000
2,500
3,000
2,000
2,050
2,000
1,000
2,045
2,000
3,060
2,100
1,000
1,000
2,100
2,695
1,000
00
00
00
00
00
00
00
00
50
00*
00
00
00
00
00
00
00
$36,650 50
* A legal investment when made.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$2,018 72
2,474 60
5,000 00
Rate.
2
2h
H
per cent.
“
“
Amount.
$2,000 00
22,295 24
Rate.
Amount.
4 per cent.
5
$131,227 20
2,500 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each,. 238
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 159
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : June 1 and December 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6
6h
per cent.
“
$4,846 69
5,990 00
197 35
136,002 20
14,345 27
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
331
Medway Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the j 2 per cent., f
year ending Oct. 31, 1893............................................................1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 117
Number of accounts closed during the year ending Oct. 31, 1893,
. 101
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,071
Total expenses of the corporation for the year ending Oct. 31,1893 (ex
clusive of taxes).....................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
Number of same.................................................................................................
Amount of withdrawals, including dividends, during the year ending
$4,533 11
4,602 77
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , ................................................................................. 1,042
Date of examination by commissioner : January 19.
101,692 71
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
0
1,245 32
95,865 61
332
R E P O R T O F TH E
[Pub. D oc.
M ELRO SE S A V IN G S B A N K — M ELRO SE.
Incorporated April 5, 1872.
Present number of corporators, 22.
D a n ie l R ussell , President.
E . H. Goss, Treasurer.
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 orton ,
S eth E . B enson .
Open for business every business day, 2 to 5 p . m . ; also Saturday, 7 to 8 p . m .
B alan ce Sh e e t O ctober
A ssets.
Public funds as per schedule, .
Loan on public funds,
Bank stock as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).........................................
Deposits in banks, on interest, .
Suspense account,
Cash on hand, .
.
.
.
31, 1893.
L iabilities .
$80,000
780
7,200
353,693
8,932
00
00
00
00
00
50,000
38,107
191
1,187
00
75
88
77
$540,092 40
Deposits, .
Guaranty fund,
Interest account,
$503,266 82
9,321 31
27,504 27
$540,092 40
Cash on Deposit in Banks, amount in each : —
National Bank of the Republic, Boston,
Melrose National Bank, Melrose, .
$11,948 14
26,159 61
Loan on Public Funds : —
On $1,000 Town of Danvers, Mass., Bond, .
On 2 shares Naumkeag National Bank, Salem,
On 5 shares First National Bank Salem,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
3
$780 00
No. 8.]
333
SAYINGS BANK COMMISSIONERS
Melrose Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 4s,
of Brockton, Mass., 5s,
of Columbus, Ohio, 4s,
of Portland, Me., 6s,
Town of Clinton, Mass., 4s,
of Melrose, Mass., 4s,
.
Estimated
Market Value.
$7,000
8,880
4,750
5,900
6,000
49,000
$7,000
8,000
5.000
5.000
6.000
49,000
$80,000
Amount Invested,
$7,000
8,000
5.000
5.000
6.000
49,000
00
00
00
00
00
00
00
00
00*
00
00
00
$80,000 00
$81,530 00
* A legal investment when made.
No. of
Shares.
Detailed Statement o f Bank Stocks.
27
45
Par Value.
Everett Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Estimated
Market Value.
Amount Invested.
$2,700
4,500
$2,376 00
4,275 00
$2,700 00
4,500 00
$7,200
$6,651 00
$7,200 00
Total Amount of Loans, with Each Specified Rate o f Interest.
Rate.
Amount.
$38,107 75
50,000 00
2J per cent?
4
»
Amount.
$17,200 00
Rate.
5 per cent.
Amount.
$346,205 00
Rate.
6 per cent.
Number of loans which are of an amount not exceeding $3,000 each, 237
Aggregate amount of the s a m e , ........................................................................$276,573 00
Total number of loans upon real e s t a t e , ............................................. 253
Gross amount of interest or profits received or earned, as per books, dur
27,982 88
ing year ending Oct. 31, 1893...............................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
334
REPORT OF THE
[Pub. Doc.
Melrose Savings B an k— Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893............................................................J 2 per cent.,' 1
Number of accounts opened during the year ending Oct. 31, 1893,
582
Number of accounts closed during the year ending Oct. 31, 1893,
451
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,898
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)..................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.................................................................................
Number of s a m e , ................................................................................. 4 153
Amount of withdrawals, including dividends, during the year ending Oct
31, 1893...................................................................................................
Number of s a m e , .................................................................................
2 658
Date of examination by commissioner: April 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,794 24
9,440 09
2,308 18
191,283 56
186,962 96
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
336
REPORT OF THE
[Pub. Doc.
Merrimac Savings Bank — Continued.
Loans on Railroad Bonds, amount on each : —
On $10,000 Boston & Maine R .R. 4 s , ......................................................
On $11,000 Boston & Maine R.R. 4 s , ......................................................
On $5,000 Boston & Maine R .R . 4 s , ......................................................
$10,000 00
10,000 00
5,000 00
Loans on Railroad Stock, amount on each : —
On 10 shares Boston & Maine R . R . , ......................................................
On 184 shares Boston & Maine R . R . , ......................................................
$700 00
25,000 00*
Detailed Statement o f Public Funds.
Par Value.
o o
o o
o o
oo
City of Dayton, Ohio, 4s,.
of Quincy, Mass , 4s,
Estimated
Market Value.
$7,840 00
12,200 04
$20,000
$20,040 04
Amount Invested.
$8,000 00f
12,000 00
$20,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
8
25
36
10
Par Value.
Powow River National Bank,
Amesbury..............................
Blackstone Nat’l Bank, Boston,
First National Bank, Merrimac,
Océan JMat’l B’k, N ewburyport,
$800
2,500
3,600
500
$7,400
Estimated
Market Value.
$1,240
2,375
5.760
600
00
00
00
00
$9,975 00
Amount Invested.
$800 00
2,500 00
34300 00
500 00
$7,400 00
Detailed Statement o f Railroad Bonds.
Estimated
Market Value.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Upper Coos R.R. 4s,
. . .
$5,000
20,000
10,000
15.000
12.000
$62,000
* This loan, in excess of limit, has since been paid.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,083
20,000
9,966
15,100
11,400
33
00
67
00
00
$61,550 00
Amount Invested.
$5,000
20,000
10,000
15.000
12.000
00
00
00
00
00
$62,000 00
f A legal investment when made.
No. 8.]
SAYINGS BANK COMMISSIONERS
337
Merrimac Savings Bank — Concluded.
Total Amount o f Loans, ivith Each Specified Rate o f Interest.
Amount.
$2,281
20,650
8,000
54,450
Kate.
46
00
00
00
0 per cent.
4
“
4h
“
5
“
Amount.
$27,700 00
25,000 00
237,120 07
Kate.
54 per cent.
5|
6
“
Amount.
$26,900 00
11,500 00
1,500 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e ,...............................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each,
173
Aggregate amount of the s a m e , ......................................................
Total number of loans upon real e s t a t e , ....................................
162
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. 31,1893......................................................................................
Times for the dividends fixed by the by-laws: third Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the 1 2 per cent.,
year ending Oct. 31, 1 8 9 3 ,......................................................j 2 per cent
Number of accounts opened during the year ending Oct. 31, 1893,
148
Number of accounts closed during the year ending Oct. 31, 1893,
126
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,464
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , .......................................................................................... 778
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893............................................................................................................
Number of s a m e , .......................................................................................... 770
Date of examination by commissioner: July 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
6J per cent.
7
8
$2,301 52
1,800 00
77 22
145,570 07
2,281 46
23,588 41
9,270 92
9,356 08
1,725 37
55,149 04
60,993 64
338
REPORT OF THE
[Pub. Doc
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 Feb. 24, 1871.
Present number of corporators, 28.
J. G. P eabody , President.
N. G. L amson , Treasurer.
N. G. L amson , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
F rancis J ew ett ,
H. C. H o w e ,
C. E . A d am s ,
J. G. P eabody ,
R . G. B art le tt ,
C. F. V arn u m ,
Open for business every business day, 9 a .m . to 1 p .m . ; Saturday, 7 to 9 p .m .
B a la n c e Sh e e t October
L iabilities .
A ssets.
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, .
Cash on hand, .
.
.
.
31, 1893.
$59,771
3,700
38,000
742,049
390,000
44,793
3,316
50
00
00
22
00
57
88
$1,281,631 17
Deposits, .
Guaranty fund,
Interest account,
$1,196,377 32
30,000 00
55,253 85
$1,281,631 17
Cash on Deposit in Banks, amount in each: —
Wamesit National Bank, L o w e ll,........................................................................ $29,518 05
Old Lowell National Bank, L o w e l l , ...............................................................
15,275 52
Loans on Bank Stock, amount on each: —
On 20 shares Wamesit National Bank, L o w e l l ,............................................. $2,000 00
On 17 shares Wamesit National Bank, L o w e l l ,.............................................
1,700 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
339
Merrimack River Savings Bank — Continued.
No. o f
Shares.
Detailed Statement o f Bank Stocks.
Par Value.
40 Atlas National Bank, Boston, .
10 Atlantic Natl Bank, Boston, .
25 Blackstone Natl Bank, Boston,
50 Boston National Bank, Boston,
20 Eliot National Bank, Boston, .
23 Fourth National Bank, Boston,
20 Globe National Bank, Boston,
9 Hamilton N atl Bank, Boston,
31 Natl Hide and Leather Bank,
Boston,..................................
20 Howard Natl Bank, Boston, .
40 Metropolitan N1 B’k, Boston,.
9 North Natl Bank, Boston,
3 N1 B’k of No. America, Boston,
5 Old Boston N’l Bank, Boston,
61 N’l B’k of Redemption, Boston,
15 Suffolk National Bank, Boston,
45 Tremont Natl Bank, Boston, .
10 Nat’l Webster Bank, Boston, .
102 Wamesit Natl Bank, L ow ell,.
Estimated
Market Value.
Amount Invested.
$4,000
1,000
2,500
5,000
2,000
2,300
2,000
900
$4,610
1,205
2,256
4,625
2,310
2,703
1,843
1,026
00
00
00
00
00
00
00
00
$4,000
1,000
2,500
5,000
2,405
2,300
2,000
900
00
00
00
00
00
00
00
00
3,400
2,000
4,000
900
300
500
6,400
1,500
4,500
1,000
10,200
3,587
1,980
3,800
981
316
495
7,808
1.448
4,275
900
14,280
00
00
00
00
00
00
00
00
00
00
00
3,400
2,000
4,000
900
300
500
7,461
1,500
4,500
1,000
14,105
00
00
00
00
00
00
50
00
00
00
00
$54,400
$60,448 00
$59,771 50
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 6s,
Cheshire R.R, 6s,
Fitchburg R.R. 4^s, .
.
Boston & Lowell R.R. 4s,
.
.
$1,000
2,000
15,000
20,000
$38,000
Estimated
Market Value.
$1,050
2,150
15,000
20,000
Amount Invested.
00
00
00
00
$38,200 00
$1,000
2,000
15,000
20,000
00
00
00
00
$38,000 00
Total Amount o f Loans, ivith Each Specified Rate of Interest.
Kate.
Amount.
Kate.
2^ per cent.
4
“
4*
“
4§
“
$556,894 22
20,000 00
272,450 00
5 per cent.
H
“
5*
“
Amount.
$4,518
40,275
20,000
15,000
05
52
00
00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$12,000 00
194,065 00
45,340 00
Kate.
5 per cent.
6
»
7
“
340
REPORT OF THE
[Pub. Doc
Merrimack River Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,. 172
Aggregate amount of the s a m e , ........................................................................ $262,930 00
Total number of loans upon real e s t a t e , ............................................. 229
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
61,681 08
Times for the dividends fixed by the by-laws: first Saturday in May and
November.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
21,916 49
23,176 36
year ending Oct. 31, 1 8 9 3 ,............................................. ) 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 380
Number of accounts closed during the year ending Oct. 31, 1893,
. 338
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,323
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
3,48766
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
189,884 60
Number of s a m e , ................................................................................. 1,877
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
200,058 10
Number of same.......................................................................................1,644
Date of examination by commissioner : July 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS
341
M ID D LEB O R O U G H S A V IN G S B A N K — M ID D LEB O R O U G H .
Incorporated March 15, 1873.
Present number of corporators, 35.
E verett R obinson , President.
A n d rew M. W ood, Treasurer.
A n d r e w M. W ood , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
E verett R obinson ,
G eorge E . D oane ,
J ames H. H arl ow ,
Calv in D. K in g m a n ,
M atthew H. C ush in g .
Open for business every business day, 9 a . m . to 12 m . : 2 to 4 p .m . ; also Saturday,
7 to 8 p . m .
B a l a n c e Sh e e t O c t o b er
31, 1893.
L iabilities .
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
(notes), ....................................
Deposits in banks, on interest, .
Cash on hand.................................
$95,000
13,500
750
74,000
5,271
435,220
65,511
00
00
00
00
00
95
05
Deposits, .
Guaranty fund,
Interest account,
$789,154 92
22,000 00
17,442 81
82,755 00
53,830 18
2,759 55
$828,597 73
$828,597 73
Cash on Deposit in Banks, amount in each: —
Middleborough National Bank, Middleborough,............................................. $6,149 57
Citizens’ National Bank, New B e d f o r d , ......................................................
10,000
First National Bank, New B e d f o r d , ...............................................................
10,000
Pynchon National Bank, Springfield,...............................................................
10,000
Mechanics’ National Bank, B o s t o n , ...............................................................
8,743
Winthrop National Bank, Boston,........................................................................
8,937
00
00
00
51
10
Loan on Bank Stock : —
On 10 shares Middleborough National Bank, Middleborough,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$750 00
342
REPORT OF THE
[Pub. Doc
Middleborough Savings Bank — Continued.
Detailed ¡Statement o f Public Funds.
Par Value.
City of
of
of
of
of
of
of
of
of
of
Boston, Mass., 4s,
Chicago, 111., 7s, .
Dayton, Ohio, 6s,
Dover, N. H . , 4s, .
Fort Wayne, Inch, 4|s,
Grand Rapids, Mich., 5s,
Bangor, Me., 6s, .
Dayton, Ohio, 5s,
Saginaw, Mich., 5s,
Lynn, Mass., 4s, .
Estimated
Market Value.
$6,000
3,000
21,000
5,000
5,000
22,000
2,000
10,000
6,000
15,000
$95,000
$6,000
3,015
21,180
5,000
5.000
22,060
2,000
10,600
6,000
15,000
00
00
00
00
00
00
00
00
00
00
$95,855 00
Amount Invested.
$6,000
3,000
21,000
5,000
5,000
22,000
2,000
10,000
6,000
15,000
00
00
00*
00
00
00
00
00*
00
00
$95,000 00
* Legal investments when made.
Detailed Statement o f Bank Stocks.
03
o o>
O 2
^ m
21
22
50
12
30
Par Value.
Suffolk Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
-Nat’l Webster Bank, Boston, .
Middleborough National Bank,
Middleborough, .
National Bank of Commerce,
New Bedford,
Market Value.
Amount Invested.
$2,100
2,200
5,000
$2,026 50
2,090 00
5,800 00
$2,100 00
2,200 00
5,000 00
1,200
1,200 00
1,200 00
3,000
2,310 00
3,000 00
$13,500
$13,426 50
$13,500 00
Detailed Statement o f ¡Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Fitchburg R.R. 5s, .
Old Colony R.R. 4s, .
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
Portland & Kennebec R.R. 6s, .
Portland & Ogdensburg R.R. 6s,
Fitchburg R.R. 7s, .
Fitchburg R.R. 6s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Estimated
Market Value.
$20,000
8,000
10,000
7,000
1,000
5,000
5,000
7,000
5,000
1,000
5,000
$19,800
8,340
10,000
7,275
1,005
5,050
5,400
7,035
5,000
970
5,000
$74,000
$74,875 00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$20,000
8,000
10,000
7,000
1,000
5,000
5,000
7,000
5,000
1,000
5,000
00
00
00
00
00
00
00
00
00
00
00
$74,000 00
No. 8.]
343
SAYINGS BANK COMMISSIONERS.
Middleborough Savings Bank — Concluded.
Total Amount o f Loans, ivith Each Specified Rate o f Interest.
Amount.
$6,149 57
17,680 61
10,000 00
Rate.
2£ per cent.
3
“
31
“
Amount.
$35,000 00
16,755 00
8,000 00
Rate.
4 per cent.
41
“
4h
“
Amount.
$61,320 00
18,737 33
464,424 67
Value, by books, of real estate held or owned 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, . 556
Aggregate amount of the s a m e , ...............................................................
Total number of loans upon real e s t a t e , ............................................. 439
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : first Monday in April and
October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893............................... ........
•
• 3 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 391
Number of accounts closed during the year ending Oct. 31, 1893,
. 312
Total number of open accounts Oct. 31, 1893....................................
2>767
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclusive of ta xes),..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , .................................................................................
Number of s a m e , .................................................................................2,055
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893...............................................................
Number of s a m e , .............................................
Date of examination by commissioner : June 19.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
5 per cent.
5i
“
6
$5,271 00
4,245 00
381,904 67
44,179 46
14,979 81
15,236 74
2,000 98
157,208 22
174,523 15
344
REPORT OF THE
[Pub. Doc.
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 farcii 4, 1835.
Present number of corporators, 21.
S am uel H oar , President.
H e n r y J. H osm er , Treasurer.
H erber t W . H osm er , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Sam uel H oar ,
C harles H . W alcott ,
J ohn S. K ey e s ,
L orenzo E aton .
Open for business every business day, 9 a .m . to 2 p .m .
B a l a n c e Sh e e t O ctober
A ssets.
Bank stock as per schedule,
Loan on bank stock, .
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
(notes), .
.
.
.
.
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
31, 1893.
Liabilities .
$255,500
800
147,000
25,000
6,500
384,500
400,434
00
00
00
00
00
00
88
68,400
11,326
10,490
1,299
00
01
35
77
$1,311,251 01
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,202,351 47
55,000 00
46,370 95
7,528 59
$1,311,251 01
Cash on Deposit in Banks, amount in each : —
National Union Bank, B o s t o n , ........................................................................ $ 11,326 01
Concord National Bank, C o n c o r d , ...............................................................
10,490 35
Loan on Bank Stock: —
On 10 shares Fourth National Bank, B o s t o n , ............................................. $800 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
345
SAYINGS BANK COMMISSIONERS
Middlesex Institution for Savings — Continued.
Ho. o f
Shares.
Detailed Statement o f Bank Stocks.
100
125
50
100
67
103
27
150
150
100
28
21
72
200
50
50
150
100
6
200
45
100
100
111
100
150
100
Par Value.
Blackstone N’l Bank, Boston,
Boston National Bank, Boston,
Central Nat’l Bank, Boston, .
National City Bank, Boston, .
Columbian Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
Faneuil Hall Nat’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’ Nat’l Bank, Boston,
N’l B’k of No. America, Boston,
Old Boston N’l Bank, Boston,
Nat’l Revere Bank, Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
Shoe & Leather N’l Bk, Boston,
State National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Concord Nat’l Bank, Concord,
f 10,000
12,500
5,000
10,000
6,700
10,300
2.700
15,000
15,000
10,000
2,800
2,100
7,200
20,000
5,000
.5,000
15,000
10,000
600
20,000
4,500
10,000
10,000
11,100
10,000
15,000
10,000
Estimated
Market Value.
$9,025
11,562
7,375
8,500
6,700
12,154
3,098
14,250
17,325
12,000
6,440
2,394
7,596
19,800
4,500
4,600
21,450
10,525
594
20,000
8,145
11,200
9,000
11,363
9,500
13,500
15,000
00
50
00
00
00
00
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
63
00
00
00
$255,500 $277,597 38
Amount Invested.
$10,000
12,500
5,000
10,000
6,700
10,300
2,700
15,000
15,000
10,000
2,800
2,100
7,200
20,000
5,000
5,000
15,000
10,000
600
20,000
4,500
10,000
10,000
11,100
10,000
15,000
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
$255,500 00
Detailed Statement o f Railroad Bonds.
Par Value.
Concord & Montreal R.R. 4s, .
Eastern R.R 6s,
. . .
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .
Boston & Albany R.R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$40,000
37.000
20.000
20,000
20,000
10,000
$147,000
Estimated
Market Value.
$39,600
43,290
20,000
20,600
20,400
10,150
00
00
00
00
00
00
Amount Invested.
$40,000
37.000
20.000
20,000
20,000
10,000
00
00
00
00
00
00
$154,040 00 $147,000 00
346
EE PORT OF THE
[Pub. Doc.
Middlesex Institution for Savings — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$11,326 01
16,251 25
226,120 00
Rate.
2^ per cent.
4
“
5
Amount.
$29,063 63
236,150 00
299,050 00
Rate.
5^ per cent.
51
“
6
“
Amount.
$20,800 00
1,700 00
50,000 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the sam e,.................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 164
Aggregate amount of the same..............................................................................
Total number of loans upon real e s t a t e , ............................................. 158
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : first Tuesday in June and
December.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893, .
.
*.
.
.
.
i 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 410
Number of accounts closed during the year ending Oct. 31, 1893,
. 375
Total number of open accounts Oct. 31, 1893.....................................
3,852
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e ,.................................................................................
2 399
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................•
........................................................................
Number of s a m e ,.................................................................................
2 203
Date of examination by commissioner: July 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Rate.
6£ per cent.
7
7i
“
$6,500 00
5,800 00
236,551 25
64,391 00
22,609 33
23,364 36
3,736 48
175,599 41
208,339 97
No. 8.]
347
SAYINGS BANK COMMISSIONERS
M ILFO R D S A V IN G S B A N K — M IL FO R D .
Incorporated April 24, 1851.
Present number of corporators, 41.
J ohn P. D a n ie l s , President.
.
James E. W a l k e r , Treasurer.
James E. W a l k e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
C harles F. Cla f l in ,
J ohn P. D a n ie l s ,
Jesse A . T a f t .
Open for business every business day, except Saturday, 9 a . m . to 12 m . ; 1.30 to 3 30
p . m . ; Saturday, 9 a .m . to 12 m .
B a l a n c e Sh e e t O c t o b er
31, 1893.
L iabilities .
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 (for banking pur
poses),
....................................
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,
$193,500
170,378
35,830
114,000
25.000
00
99
00
00
00
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$1,644,625 55
45,155 54
29,869 81
25.000 00
628,559 00
440,950 00
51,500
100
25,180
9,652
00
00
13
78
$1,719,650 90
$1,719,650 90
Cash on Deposit in Banks, amount in each: —
Milford National Bank, Milford, .
National Bank of Redemption, Boston,
$33,652 78
1,180 13
Loans on Bank Stock, amount on each : —
On 15 shares Central National Bank, Boston,
On 10 shares National Market Bank, Brighton,
On 26 shares Milford National Bank, Milford,
On 20 shares Home National Bank, Milford,
On 250 shares National Bank of the Commonwealth, Boston,
On 30 shares Milford National Bank, Milford,
On 6 shares Milford National Bank, Milford,
On 6 shares Milford National Bank, Milford,
On 2 shares Milford National Bank, Milford,
$5,000 00
1,600
25,000
3,000
600
450
180
00
00
00
00
00
00
Loan on Railroad Stock : —
On 240 shares Boston & Maine R . R . , ....................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000 00
348
REPORT OF THE
[Pub. Doc.
Milford Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 4s,
of Cleveland, Ohio, 4s,
of Dayton, Oliio, 4s,.
of Portland, Me., 6s,
of Providence, R. I., 5s, .
Town of Framingham, Mass., 4s,
of Maynard, Mass., 4s, .
of Milford, Mass., 5s, .
of Milford, Mass , 6s,
of Weymouth, Mass., 4s,
United States 4s,
. . .
.
Estimated
Market Value.
$25,000
14.000
15.000
2,000
25.000
20.000
20,000
36.000
10.000
10,000
16,500
$25,810
14,040
15.000
2,380
28.000
20,200
20,200
36,900
10,800
10,200
18,315
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$25,000
14.000
15.000
2,000
25.000
20.000
20,000
36.000
10.000
10,000
16,500
00
00
00*
00
00
00
00
00
00
00
00
$193,500 $201,845 00 $193,500 00
* A legal investment when made.
Detailed Statement o f Bank Stocks.
Par Value.
150
30
23
42
7
Central Nat’l Bank, Boston, .
National Revere Bank, Boston,
Blackstone Nat’l Bank, Boston,
Howard N atl Bank, Boston, .
N atl Webster Bank, Boston, .
100 N1 Hide & Leather B’k, Boston,
48 Eliot National Bank, Boston, .
100 Shawmut Natl Bank, Boston,
40 Freeman’s Natl Bank, Boston,
47 National Union Bank, Boston,
25 Continental N atl B’k, Boston,
110 N’l B’k of Redemption, Boston,
2 Shoe & Leather N’l B’k, Boston,
7 Boylston Nat’l Bank, Boston, .
78 North National Bank, Boston,
25 Nat’l Exchange Bank, Boston,
10 Atlantic Nat’l Bank, Boston, .
50 Atlas National Bank, Boston,
40 Washington Nat’l B’k, Boston,
5 National Eagle Bank, Boston,
100 Home Nat’l Bank, Brockton, .
27 Hopkinton N’l B’k, Hopkinton,
75 Home Nat’l Bank, Milford,
263 Milford Nat’l Bank, Milford, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$15,000
3,000
2,300
4,200
700
10,000
4,800
10,000
4,000
4,700
2,500
11,000
200
700
7,800
2,500
1,000
5,000
4,000
500
10,000
2,700
7,500
26,300
$140,400
Estimated
Market Value.
$22,950
3,000
2,070
4,158
637
10,500
5,420
11,200
4,240
6,063
2,850
13,750
180
875
8,502
2,950
1,200
5,750
4,000
475
14,500
2,700
11,062
39,450
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
$178,482 50
Amount Invested.
$22,000
3,000
2,300
4,496
700
10,659
5,682
12,057
5,360
7,496
2,955
15,655
274
1,070
10,766
3,581
1,530
6,500
5,505
588
10,000
2,700
7,500
28,000
00
00
00
00
00
50
99
50
00
50
25
00
50
12
63
25
00
00
00
75
00
00
00
00
$170,378 99
No. 8.]
349
SAYINGS BANK COMMISSIONERS
Milford Savings B a n k — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
$25,000
7.000
10,000
5.000
15.000
15.000
2.000
20.000
15,000
Boston & Albany R.R. os,
Boston & Albany R.R. 6s,
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 7s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
Portland & Ogdensburg R R. 6s,
$114,000
Estimated
Amount Invested.
Market Value.
$26,500
7,280
10,000
5,000
14,400
15,600
2,140
20,200
16,500
$25,000
7.000
10,000
5.000
15.000
15.000
2.000
20.000
15,000
00
00
00
00
00
00
00
00
00
$117,620 00
00
00
00
00
00
00
00
00
00
$114,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$25,180
21,500
73.000
101,200
50.000
Rate.
13
00
00
00
00
3 per cent.
3|
“
4
“
44
“
41
“
Amount.
$423,356
50,000
120,900
239,618
Rate.
00
00
00
00
5
per cent.
H
“
54
6
“
“
Amount.
$950
54,415
35.000
12.000
Rate.
00
00
00
00
A m o u n t invested in real estate fo r ban king p u r p o s e s ,.......................................
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, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 306
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 335
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 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: second Saturday in April
and October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893, .
.
.
.
.
.
*1 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 737
Number of accounts closed during the year ending Oct. 31, 1893,
. 604
Total number of open accounts Oct. 31,1893,
.
.
.
.
5,230
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of t a x e s ) , ...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , ................................................................................. 4,576
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , ................................................................................. 4,139
Date of examin ation by commissioner: January 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
64 per cent.
7
8
“
10
“
$25,000
25.000
24.000
974
00
00
00
86
314,269 13
13.000 00
80,192 10
30,703 61
31,313 18
3,665 68
330,714 10
329,245 92
350
REPORT OF THE
[Pub. Doc.
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 April 10, 1854.
Present number of corporators, 44.
L evi L. W h it n e y , President.
D av id A tw ood , Treasurer.
D avid A twood , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
L evi L. W h it n e y ,
C harles D. M orse ,
D avid T. M ar c h ,
I ra N. G odd ard ,
D am ien D ucha rm e ,
A . A rm sby.
Open for business every business day, except Saturday, 9 a .m . to 3 p .m . ; Saturday,
9 a .m . to 12 M.
B alance
Sh eet
O ctober
31, 1893.
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 (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,
Cash on hand, .
.
.
.
L iabilities .
$59,000
155,600
36,040
44.000
150
00
00
00
00
00
16.000
6,129
308,365
166,375
00
66
00
00
47,200
275
53,968
614
747
00
00
40*
07
42
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Suspense account, .
Rent account, .
$894,464 55
$833,874 46
28,600 00
25,909 33
6,000 00
50 00
30 76
$894,464 55
* Since reduced within the legal limit.
Cash on Deposit in Bank: —
Millbury National Bank, M i l l b u r y , ............................................................... $ 5 3 ,9 6 8
40
Loans on Bank Stock, amount on each : —
On 50 shares Millbury National Bank, M i l l b u r y , .................................... $ 4 ,0 0 0 0 0
On 60 shares Spencer National Bank, S p e n c e r ,............................................. •,
On 2 5 shares Leicester National Bank, L e i c e s t e r , .................................... I
8 ,0 0 0
On 4 shares City National Bank, W o r c e s t e r , ............................................. j
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Federal Reserve Bank of St. Louis
00
No. 8.]
SAYINGS BANK COMMISSIONERS.
351
Millbury Savings Bank — Continued.
On 38 shares Millbury National Bank, M i l l b u r y , ............................................ $3,040
On 100 shares Broadway National Bank, B o s t o n , ....................................
10,000
On 60 shares City National Bank, W o r c e s t e r ,.............................................
1,000
On 63 shares Traders’ National Bank, B o s t o n , .............................................
5,000
On 63 shares Traders’ National Bank, B o s t o n ,.............................................
5,000
00
00
00
00
00
Loan on Railroad Stock: —
On 1 share Boston & Albany R . R . , ............................................................... $150 00
Detailed Statement o f Public Funds.
Par Value.
City of Columbus, Ohio, 4s, .
of Lawrence, Mass., 6s, .
Town of South Norwalk, Conn., 6s,
of Westborough, Mass., 5s, .
City of Dubuque, Iowa, 6s,
of Grand Rapids, Mich , 4|s, .
of Youngstown, Ohio, 5s,
Estimated
Market Value.
$10,000
3,000
10,000
3,000
3,000
15,000
15,000
$59,000
$9,500
3,030
10,250
3,300
3,030
15,337
15,000
00
00
00
00
00
50
00
$59,447 50
Amount Invested.
$10,000
3,000
10,000
3,000
3,000
15,000
15,000
00*
00
00
00
00
00
00
$59,000 00
* A legal investment when made.
Detailed Statement o f Bank Stocks.
° 1
*
50
63
49
20
100
50
42
25
25
23
57
15
200
12
50
40
3
35
Estimated
Market Value.
Atlas National Bank, Boston,.
Blackstone Nat’l B’k, Boston, .
Boston N’l Bank, Boston,
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
First Ward Nat’l Bank, Boston,
Globe National Bank, Boston, .
Hamilton Nat’l B’k, Boston, .
Manufacturers’ 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,
National Bank 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,
1Second National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
6,300
4,900
2,000
10,000
5,000
4,200
2,500
2,500
2,300
5,700
1,500
$5,762
5,685
4,508
2,295
11,550
6,375
3,869
2,850
2,437
3,289
6,726
1,578
50
75
00
00
00
00
25
00
50
00
00
25
$5,000
6,300
4,900
2,000
10,000
5,000
4,200
2,500
2,500
2,300
5,700
1,500
00
00
00
00
00
00
00
00
00
00
00
00
20,000
1,200
5,000
4,000
300
3,500
25,650
1,020
5,275
4,360
297
6,335
00
00
00
00
00
00
20,000
1,200
5,000
4,000
300
3,500
00
00
00
00
00
00
352
REPORT OF THE
[Pub. Doc
Millbury Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
Estimated
Market Value.
Amount Invested.
I
Par Value.
25 Shawmut Nat’l Bank, Boston,
74 Shoe & Leather N’l B’k, Boston,
25 South End Nat’l Bank, Boston,
20 Suffolk Nat’l Bank, Boston, .
50 State National Bank, Boston, .
68 Third Nat’l Bank, Boston,
15 Winthrop N’l Bank, Boston, .
40 Grafton Nat’l Bank, Grafton, .
3 Leicester N’l Bank, Leicester,
168 Millbury N ’l Bank, Millbury,
40 Second Nat’l Bank, Norwich,
C o n n .,...................................
25 Oxford Nat’l Bank, Oxford, .
36 Central N’l Bank, Worcester,
27 City Nat’l Bank, Worcester, .
5 Citizens’ N’l Bank, Worcester,
17 Mechanics’ N’l B’k, Worcester,
50 Quinsigamond National Bank,
Worcester, .
.
.
.
9 Worcester N ’l B’k, Worcester,
$2,500
7,400
2,500
2,000
5,000
6,800
1,500
4,000
300
16,800
$2,800
6,660
2,125
1,930
5,118
5,916
1,740
4,000
450
16,800
00
00
00
00
75
00
00
00
00
00
$2,500
7,400
2,500
2,000
5,000
6,800
1,500
4,000
300
16,800
00
00
00
00
00
00
00
00
00
00
4,000
2,500
3,600
2,700
500
1,700
4,000
2,500
5,220
3,780
650
1,700
00
00
00
00
00
00
4,000
2,500
3,600
2,700
500
1,700
00
00
00
00
00
00
5,000
900
6,250 00
1,260 00
5,000 00
900 00
$155,600
$172,763 00
$155,600 00
Detailed Statement o f Railroad Bonds.
Par Value.
Fitchburg R.R. 4is, .
.
.
.
Providence & Worcester R.R. 6s, .
Vermont & Massachusetts R.R. 5 s,.
Fitchburg R.R. 4s, .
Estimated
Market Value.
$10,000
20,000
10,000
4,000
$10,000
21,000
10,500
3,920
$44,000
$45,420 00
00
00
00
00
Amount Invested.
$10,000
20,000
10,000
4,000
00
00
00
00
$44,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$3,968
50,000
32,600
2,100
Rate.
40
00
00
00
2 per cent.
3
4
“
H
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$183,890
65.000
49.000
15.000
00
00
00
00
Rate.
Amount.
Rate.
5 per cent.
54
5è
“
5|
$205,815 00
5,000 00
6 per cent.
64
“
No. 8.]
SAYINGS BANK COMMISSIONEKS
353
Millbury Savings Bank — Concluded.
Amount invested in real estate for banking purposes,.................................... $16,000 00
Estimated value of the s a m e , ........................................................................
18,000 00
Assessed value of the s a m e ,.................................................................................
12,600 00
Net income received from same during yearending Oct.31, 1893,
.
.
565 76
Value, by books, of other real estate held or owned by foreclosure or
o th e r w is e ,..........................................................................................
.
6,129 66
Assessed value of the s a m e ,................................................................................
16,270 00
Number of loans which are of an amount not exceeding $3,000 each, 202
Aggregate amount of the s a m e , ........................................................................
184,240 00
Total number of loans upon real e s t a t e , ............................................. 211
Amount of investments from which no income is received, .
.
.
.
375 00
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
45,517 17
Times for the dividends fixed by the by-laws: second Monday in January
and July.
Rate and amount of each semi-annualdividend during the ) 2 per cent., f
16,120 38
year ending Oct. 31, 1 8 9 3 ,........................................ J 2 per cent,
i
16,337 33
Number of accounts opened during the year ending Oct. 31, 1893,
. 268
Number of accounts closed during the year ending Oct.31, 1893,
. 254
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,951
Total expenses of the corporation for the year ending Oct. 31, 1893
(exclusive of taxes), .................................... .....................................................
2,078 20
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
113,373 16
Number of s a m e ,......................................................................... 1,430
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
142,400 00
Number of same...............................................................................1,386
Date of examination by commissioner: May 25.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
355
Millis Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,
12
Aggregate amount of the s a m e , ........................................................................ $8,350 00
Total number of loans upon real e s t a t e , ............................................. 4
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893......................................................................................
514
Times for the dividends fixed by the by-laws: second Wednesday in
January and July.
Rate and amount of each semi-annual dividend during the year ending
Oct. 31, 1893,2 per cent., .
........................................................................
106
Number of accounts openedduring the year ending Oct. 31, 1893,
.
52
Number of accounts closed during the year endingOct. 31, 1893,
.
63
Total number of open accounts Oct. 31, 1 8 9 3 , ....................................
93
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),...................................................................................................
470
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
9,150
Number of s a m e , ........................................................................................ 246
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
9,232
Number of s a m e , ........................................................................................ 235
Date of examination by commissioner: June 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
41
15
98
22
54
356
REPORT OF THE
[Pub. Doc
M IN E R S ’ S A V IN G S B A N K — W E S T STO CKBRID GE.
Incorporated Feb. 26, 1872.
W
il l ia m
Present number of corporators, 26.
M. K n if f in , President.
W il l ia m C. S p a u l d in g , Treasurer.
W il l ia m C. S p a u l d in g , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
T heodore S. H e a t h ,
H u b ba r d F. T hom pson ,
W il l ia m C. Sp a u l d in g ,
C. R . Y a n B u s k ir k ,
C. E. B o s t w ic k .
Open for business Monday and Friday, 9
a .m .
to 12
m.
; 1 to 3 p .m .
B alance Sheet October 31, 1893.
A ssets .
L iabilities .
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,
$13,830
12,465
38,595
47,265
20,800
350
995
25
50
00
00
00
00
02
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count,
$134,300 77
$128,492 83
3,264 65
930 52
1,612 77
$134,300 77
Cash on Deposit in Bank : —
Housatonic National Bank, S t o c k b r id g e ,...................................................... $995 02
Detailed Statement o f Public Funds.
City of Providence, R. I., 5s, .
of Sioux City, Iowa, 6s, .
Town of Rockingham, Vt., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
$6,000
3,700
3,000
$6,600 00
3,855 25
3,000 00
$6,975 00
3,855 25
3,000 00
$12,700
$13,455 25
$13,830 25
Amount Invested.
No. 8.]
357
SAYINGS BANK COMMISSIONERS
Miners’ Savings Bank— Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks.
10
20
5
15
19
4
5
14
Par Value.
National Mahaiwe Bank, Great
Barrington, .
.
.
.
City National Bank, Holyoke,
Lee National Bank, Lee,
Berkshire N’l B’k, No. Adams,
Pittsfield Nat’l Bank, Pittsfield,
Agawam N’l B’k, Springfield,
First Nat’l Bank, Springfield,
Housatonic Nat’l Bank, Stockbridge, ..................................
$1,000
2,000
500
1,500
1,900
400
500
Estimated
Market Value.
$1,457
2,240
700
1,700
2,850
400
635
Amount Invested.
50
00
00
00
00
00
00
$1,457
2,240
700
1,840
2,898
480
750
50
00
00
00
00
00
00
1,400
2,520 00
2,100 00
$9,200
$12,502 50
$12,465 50
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Fitchburg R.R. 4s, .
N. Y. & N. E. R.R. (terminal) 4s, .
Vermont & Massachusetts R.R. 5 s ,.
Upper Coos R.R. 4|s,
Dexter & Piscataquis R.R. 4 s,.
$2,000
3.000
3.000
10,000
6.000
8,000
4,000
$36,000
Estimated
Market Value.
$2,040
3,000
2,970
11,175
6.720
8.720
3,960
00
00
00
00
00
00
00
$38,585 00
Amount Invested.
$2,050
3,000
2,970
11,175
6.720
8.720
3,960
00
00
00
00
00
00
00
$38,595 00
Total Amount o f Loans, with Each Specified Rale o f Interest.
Amount.
$38,970 00
Rate.
5 per cent.
Amount.
$3,100 00
Rate.
5£ per cent.
Amount.
$26,345 00
Rate.
6 per cent.
Number of loans which are of an amount not exceeding $3,000 each, . 61
Aggregate amount of the s a m e , ........................................................................ $42,415 00
Total number of loans upon real e s t a t e , ............................................. 43
Amount of investments from which no income is received, .
.
.
.
3,840 00
Gross amount of interest or profits received or earned, as per books, during
6,310 81
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: first Wednesday in Jan
uary and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
358
REPORT OF THE
[Pub. Doc
Miners’ Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., r
year ending Oct. 31, 1 8 9 3 ,...................................................... j 2 per cent.,}
Number of accounts opened during the year ending Oct. 31, 1893,
.
53
Number of accounts closed during the year ending Oct. 31, 1893,
.
46
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 391
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e ,........................................................................................280
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , ........................................................................................288
Date of examination by commissioner : November 21.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,299 05
2,44167
534 55
23,221 34
19,157 10
No. 8.]
359
SAYINGS BANK COMMISSIONERS
M ONSON S A V IN G S B A N K — M ONSON.
Incorporated March 29, 1872.
Present number of corporators, 30.
E d w a r d F . M orris , President.
F r a n k E . M or r is , Treasurer.
F r a n k E . M orris , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
A. D. N orcross ,
R . M. R e y n o l d s ,
E . F. M orris ,
D. G. P otter .
Open for business every business day, 9 a . m . to 12 m . ; 1 to 4 f . m .
B a l a n c e S h e e t O c t o b e r 31, 1893.
L iabilities .
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,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
$105,000
43.300
6,900
75.000
00
00
00
00
40.000
493,218
33.300
60,482
9,587
218
793
00
00
00
59
01
04
13
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count,
$806,251 66
36,000 00
23,662 66
1,884 45
$867,798 77
$867,798 77
Cash on Deposit in Banks, amount in each : —
Pynchon National Bank, Springfield, .
.
.
.
Agawam National Bank, Springfield, .
.
.
.
John Hancock National Bank, Springfield, .
City National Bank, Springfield,....................................
Chicopee National Bank, Springfield, .
.
.
.
First National Bank, Springfield,....................................
Springfield Safe Deposit and Trust Company, Springfield,
City National Bank, H o l y o k e , ....................................
Monson National Bank, M onson,....................................
$
10,000 00
7.500 00
10,000 00
10,000 00
7.500 00
5,000 00
482 59
10,000 00
9,587 01
Loans on Bank Stock, amount on each: —
On 55 shares Monson National Bank, Monson,
On 20 shares Palmer National Bank, Palmer,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$4,900 00
2,000 00
[Pub. Doc
REPORT OF THE
360
Monson Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Boston, Mass., 4s,
of Chicago, 111., 4s, .
of Grand Rapids, Mich., 4|s, .
of Lynn, Mass., 4s, .
of Newton, Mass., 4s,
of Sioux City, Iowa, 4^s,.
of Worcester, Mass., 5s, .
Town of Burlington, Vt., 4s, .
City of Cleveland, Ohio, 5s, .
of Malden, Mass., 4s,
of Youngstown, Ohio, 5s,
$10,000
10,000
10,000
10,000
7.000
10,000
13.000
5.000
10.000
10,000
10,000
Estimated
Market Value.
$10,100
10,000
10,100
10,100
7.000
10,000
14.300
5.000
10.300
10,000
10,200
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$10,000
10,000
10,000
10,000
7.000
10,000
13.000
5.000
10.000
10,000
10,000
00
00
00
00
00
00
00
00
00
00
00
$105,000 $107,100 00 $105,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
20
20
25
20
25
25
40
30
15
11
10
10
10
5
5
5
25
70
20
20
19
3
Par Value.
North Nat’l Bank, Boston,
National Eagle Bank, Boston,
N’l B’k of Redemption, Boston,
N’l B’k of No. America, Boston,
N’l B’k of Commerce, Boston,
Eliot National Bank, Boston, .
Suffolk Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Blackstone Nat’l 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 Nat’l Bank, Boston,
Massachusetts N’l B’k, Boston,
City National Bank, Holyoke,
Monson Nat’l Bank, Monson, .
City N’l Bank, Springfield, .
First Nat’l Bank, Springfield,
Agawam N’l B’k, Springfield,
Ware National Bank, Ware, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,000
2,000
2,500
2,000
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
1,900
300
$43,300
Estimated
Market Value.
$2,200
2,000
3,125
2,100
2,875
2,800
4,000
4,200
1,500
1,100
1,000
1,000
1,200
575
510
500
2,800
9,800
2,800
2,400
1,900
330
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$50,715 00
Amount Invested.
$2.000
2,000
2,500
2,000
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
1,900
300
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$43,300 00
No. 8.]
361
SAYINGS BANK COMMISSIONERS.
Monson Savings Bank — Concluded.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston & Providence R.R. 4s, .
Concord & Montreal R.R. 4s, .
Eastern R R. 6s,
Fitchburg R.R. 4^s, .
.
.
.
Old Colony R.R. 4s, .
Maine Central R.R. 4s, .
Estimated
Market Value.
$10,000
10,000
10,000
10,000
5,000
10,000
10,000
10,000
$10,000
10,200
10,000
10,000
5,750
10,100
10,000
10,100
$75,000
$76,150 00
Amount Invested.
00
00
00
00
00
00
00
00
$10,000
10,000
10,000
10,000
5,000
10,000
10,000
10,000
00
00
00
00
00
00
00
00
$75,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$60,482 59
494,718 00
Kate.
4 per cent.
5
“
Rate.
Amount.
$3,500 00
30,200 00
5J per cent.
6
Amount.
$5,000 00
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the same.....................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 192
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 226
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 3 , ...............................................................
Times for the dividends fixed by the by-laws: first Monday in April and
October.
Rate and amount of each semi-annual dividend during the j 2 per cent., f
year ending Oct. 31, 1893................................................... •J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
301
Number of accounts closed during the year ending Oct. 31, 1893,
245
Total number of open accounts Oct. 31, 1893....................................
2,022
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes),
.................................... ..............................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same, .
...................................................... 1,495
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e ,................................................................................. 1,106
Date of examination by commissioner: September 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Kate.
7 per cent.
$40,000
40.000
15.000
462
00
00
00
85
251,448 00
40,640 51
14,995 49
15,432 97
3,735 08
147,540 58
140,727 34
362
REPORT OF THE
[Pub. Doc
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 April 2, 1834.
Present number of corporators, 27.
T haddeijs C. D e f r ie z , President.
G eo . H. B rock , Treasurer.
G eo. H. B rock , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
T haddeus C. D e fr ie z ,
D avid F older ,
A n d rew M . M y r ic k ,
A lmon T. M o w r y ,
H en ry P addock .
Open for business every business day, from May to November, 9 a .m . to 1 p . m . ;
November to May, 10 a .m . to 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, .
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, .
.
.
.
31, 1893.
L iabilities .
$69,500
20,600
200
66,500
00
00
00
00
4.000
3.000
273,460
24,320
13,379
155
552
1,081
00
00
69
00
93
46
37
67
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$476,750 12
$447,934 31
15,320 98
13,494 83
$476,750 12
Cash on Deposit in Banks, amount in each : —
North National Bank, Boston,
.
.
.
.
.
.
,
.
.
Pacific National Bank, N a n t u c k e t , ...............................................................
$13,379 93
155 46
Loan on Bank Stock : —
On 5 shares National Bank of Commerce, New Bedford,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200 00
\
No. 8.]
SAYINGS BANK COMMISSIONERS.
363
Nantucket Institution for Savings — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s, .
of Detroit, Mich., 7s,
of East Saginaw, Mich., 4is, .
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 4^s, .
of Lawrence, Mass., 6s, .
of Milwaukee, Wis., 5s, .
of New London, Conn., 7s,
of Scranton, Pa., 6 s,.
of Sioux City, Iowa, 4^s, .
Town of Beverly, Mass., 4s, .
District of Columbia 6s, .
$5,000
4.000
1.000
7.000
6.000
10,000
1,000
10,000
1,000
3,500
15,000
1,000
5,000
$69,500
Estimated
Market Value.
$5,200
4,150
1,200
7.000
6,680
10,200
1,005
10,400
1,220
3,605
15,000
1.000
5,700
00
00
00
00
00
00
00
00
00
00
00
00
00
$72,360 00
Amount Invested,
$5,000
4.000
1.000
7.000
6.000
10,000
1,000
10,000
1,000
3,500
15,000
1,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$69,500 00
No. o f
Shares.
Detailed Statement o f Bank Stocks.
North National Bank, Boston,
Lincoln Nat’l Bank, Boston, .
Continental N’l Bank, Boston,
Old Boston N’l Bank, Boston,.
Boylston Nat’l Bank, Boston, .
Columbian Nat’l B’k, Boston,.
, N’l B’k of No. America, Boston,
’ Metropolitan N’l B’k, Boston,
South End Nat’l Bank, Boston,
National Revere Bank, Boston,
Faneuil Hall N’l B’k, Boston,.
Eliot National Bank, Boston, .
Shawmut Nat’l Bank, Boston,
Blackstone Nat’l B'k, Boston, .
Nat’l Exchange Bank, Boston,
National Bank of Commerce,
New Bedford,
10 Pacific Nat’l Bank, Nantucket,
20
19
10
10
10
10
10
8
10
15
10
15
15
10
10
14
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$ 2 ,0 0 0
1,900
1,000
1,000
1,000
1,000
1,000
800
1,000
1,500
1,000
1,500
1,500
1,000
1,000
Estimated
Market Value.
$2,180
1,881
1,150
990
1,250
1,000
1,050
784
850
1,500
1,200
1,725
1,890
900
1,180
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$2,000
1,900
1,000
1,000
1,000
1,000
1,000
800
1,000
1,500
1,000
1,500
1,500
1,000
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1,400
1,000
1,347 50
1,300 00
1,400 00
1,000 00
$20,600
$22,177 50
$20,600 00
364
REPORT OF THE
[Pub. Doc.
Nantucket Institution for Savings — Continued.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R R. 4s, .
Boston, Winthrop & Shore R.R. 5s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4-is, .
.
.
.
Fitchburg R.R. 6s, .
Maine Central R.R. 7s, .
Old Colony R.R. 6s,
Old Colony R.R. 7s,.
Fitchburg R.R. 7s, .
Upper Coos R.R. 4£s,
Upper Coos R.R. 4s,
. . .
$3,000
15,000
1,000
4,000
5,000
6,000
5,000
5,000
2,000
5,000
5,000
1,000
4,000
5,000
500
$66,500
Estimated
Market Value.
$3,060
14,800
1,025
4,140
4,900
6,240
4,900
5,000
2,100
6,500
5,240
1,000
4,000
5,000
460
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$68,365 00
Amount Invested.
$3,000
15,000
1,000
4,000
5,000
6,000
5,000
5,000
2,000
5,000
5,000
1,000
4,000
5,000
500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$66,500 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$13,379 93
5,000 00
120,850 00
Rate.
3 per cent.
\\
“
5
«
Amount.
$41,680 00
128,700 69
6
Rate.
Amount.
per cent.
$1,250 00
500 00
Rate.
6<i per cent.
7
Amount invested in real estate for banking purposes, .
.
.
.
.
f 4,000 00
Estimated value of the same,.................................................................................
5 000 00
Assessed value of the s a m e ,................................................................................. ............ 400 00
Net income received from same during year ending Oct. 31, 1893,
.
.
275 00
Value, by books, of other real estate held or owned by foreclosure or other
wise» .....................................................................................................................
3,000 00
Assessed value of the same................................................. . . .
.
3 000 00
Net income received from same during year ending Oct. 31, 1893,
.
.
115 99
Number of loans which are of an amount not exceeding $3,000 each, . 137
Aggregate amount of the s a m e , .........................................................................
136,889 00
Total number of loans upon real e s t a t e , ............................................. 153
Amount of investments from which no income is received, .
.
.
.
155 46
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893,
.
' .............................................
23,698 03
Times for the dividends fixed by the by-laws : second Monday in January
and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
365
Nantucket Institution for Savings — Concluded.
Rate and amount of each semi-annual dividend during the 12 per cent., f
year ending Oct. 31, 1893.................................................. 12 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
127
Number of accounts closed during the year ending Oct. 31, 1893,
130
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,279
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ..................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .........................................................................................765
Amount of withdrawals, including dividends, during the year ending Oct.
$8,526 21
8,742 19
31, 1893.....................................................................................................................
Number of s a m e ,.................................................................................1,071
Date of examination by commissioner: July 22.
72,068 77
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1,591 46
61,983 11
366
R E P O R T O F THE
[Pub. D oc
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 April 5, 1859.
Present number of corporators, 44.
J ohn 0 . W ilson , President.
F r e d e b ic k 0 . B aston , Treasurer.
F r e d e r ic k 0 . B aston , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
L eonard W inch ,
F rancis B ig elo w ,
W il l ia m N utt ,
F . H. H a y e s ,
F r e d e r ic k 0 . B aston .
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 c t o b e r 31,1893.
A ssets.
L iabilities .
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
(notes).........................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand.................................
$87,000 00
675 00
101,100 00
17,775
99,000
848,288
25,916
00
00
00
00
64,000
520
43,726
1,922
4,968
00
00
40
96
83
$1,294,892 19
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$1,202,138 45
60,077 00
15,651 70
17,025 04
$1,294,892 19
Cash on Deposit in Banks, amount in each: —
North National Bank, Boston,
Natick National Bank, Natick,
$ 22,000 00
21,726 40
Loan on Public Funds : —
On $1,100 United States 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$675 00
N o. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
367
Natick Five Cents Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 85 shares South End National Bank, Boston,..................................................... $7,500
On 50 shares Natick National Bank, N a t i c k , ............................................
5,000
On 40 shares Natick National Bank, N a t i c k , .............................................
4,000
On 10 shares Natick National Bank, N a t i c k , .............................................
1,000
On 2 shares Natick National Bank, N atick ,......................................................
200
On 5 shares Natick National Bank, N atick,......................................................
75
00
00
00
00
00
00
D etailed Statem ent o f P u blic F u nd s.
Par Value.
City of Boston, Mass., 4s,
of Boston, Mass., 6s,
of Fall River, Mass., 5s, .
of Cambridge, Mass., 6s, .
of Springfield, Ohio, 5s, .
of Worcester, Mass., 4^s,.
Town of Beverly, Mass., 4s, .
of Brookline, Mass., 7 s,.
of Orange, Mass., 4s,
of Wellesley, Mass., 4s,
$10,000
1,000
. 16,000
6,000
9,000
6,000
10,000
10,000
10,000
9,000
$87,000
Estimated
Market Value.
$10,100
1,240
17,880
6,699
9,880
6,300
10,000
11,100
10,000
9,000
00
00
00
00
00
00
00
00
00
00
$91,699 00
Amount Invested.
$10,000
1,000
16,000
6,000
9,000
6,000
10,000
10,000
10,000
9,000
00
00
00
00
00
00
00
00
00
00
$87,000 00
No. of
Shares.
D etailed Statem ent o f B ank Stocks.
26
115
7
27
13
46
42
5
19
70
15
62
46
10
15
27
51
14
30
Par Value.
Atlas National Bank, Boston, .
Boston National Bank, Boston,
Boylston Nat’l Bank, Boston, .
Central Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Common
wealth, Boston, .
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ Nat’ l Bank, Boston,
Metropolitan Nat’l B’k, Boston,
Monument Nat’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,
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
$2,990
10,630
854
3,969
1,300
5,428
00
00
00
00
00
00
$2,600
11,500
700
2,700
1,300
4,600
00
00
00
00
00
00
4,200
500
1,900
7,000
1,500
6,200
4,600
1,000
1,500
2,700
5,100
1,400
3,000
5,376
570
2,185
6,160
1,770
6,138
6,578
950
3,450
2,943
5,355
1,708
4,380
00
00
00
00
00
00
00
00
00
00
00
00
00
4,200
500
1,900
7,000
1,500
6,200
4,600
1,000
1,500
2,700
5,100
1,400
3,000
00
00
00
00
00
00
00
00
00
00
00
00
00
368
[Pub. D oc
R E P O R T O F TH E
Natick Five Cents Savings Bank — Continued.
No., o f
Shares.
D etailed Statem ent o f B an k Stocks — Concluded.
10
20
7
20
33
32
17
55
120
20
37
Par Value.
Second Nat’l Bank, Boston, .
South End Nat’l B’k, Boston, .
State National Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Dedham Nat’l Bank, Dedham,
First National Bank, Chelsea, .
Framingham N’l Bank, South
Framingham,
Horn e N at'l Bank, Brockton, .
Natick National Bank, Natick,
Newton Nat’l Bank, Newton, .
Wachusett N’l B’k, Fitchburg,
Estimated
Market Value.
Amount Invested.
$1,000
2,000
700
2,000
3,300
3,200
$1,810
1,700
714
2,320
3,300
3,840
00
00
00
00
00
00
$1,000
2,000
700
2,000
3,300
3,200
00
00
00
00
00
00
1,700
5,500
12,000
2,000
3,700
2,040
8,250
15,000
1,500
7,400
00
00
00
00
00
1,700
5,500
12,000
2,000
3,700
00
00
00
00
00
$101,100
$120,608 00
$101,100 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
.
.
.
Boston & Lowell R.R. 4s,
Dexter & Piscataquis R.R. 4 s ,.
Fitchburg R.R. 4|s, .
.
.
.
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,.
Old Colony R.R. 6s,
. . .
Old Colony R.R. 7s,
Vermont & Massachusetts R.R. 5 s ,.
Maine Central R.R. 7s, .
Estimated
Market Value.
$6,000
15,000
10,000
15,000
10,000
15,000
5,000
2,000
11,000
10,000
$6,480
14,850
9,700
15,000
10,300
15,000
5,250
2,010
11,550
13,000
00
00
00
00
00
00
00
00
00
00
$99,000
$103,140 00
Amount Invested.
$6,000
15,000
10,000
15,000
10,000
15,000
5,000
2,000
11,000
10,000
00
00
00
00
00
00
00
00
00
00
$99,000 00
Total A m ou n t o f L oa n s , with E a ch Specified R ate o f Interest.
Amount.
$21,726 40
22,000 00
69,000 00
Kate.
2 percent.
3
4
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$11,500 00
503,525 00
77,895 00
Rate.
Amount.
Kate.
4£ per cent.
5
“
64
“
$276,976 00
18,278 00
6 per cent.
64
“
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
369
Natick Five Cents Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,. 451
Aggregate amount of the same,
.
.
...................................................... $525,924 00
Total number of loans upon real e s t a t e , ............................................. 466
Gross amount of interest or profits received or earned, as per books, during
61,954 79
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: first Tuesday in May
and November.
21,979 48
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
22,566 40
year ending Oct. 31, 1 8 9 3 ,......................................................J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893, . 635
Number of accounts closed during the year ending Oct. 31, 1893,
. 520
Total number of open accounts Oct. 31, 1893,
.
.
.
.
5,371
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
3,611 88
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
252,365 01
ending Oct. 31, 1 8 9 3 ,.........................................................................................
Number of s a m e ,...................................................... ■
•
•
4,881
Amount of withdrawals, including dividends, during the year ending Oct.
271,451 18
31, 1 8 9 3 , ...........................................................................................................
Number of s a m e ,................................................................................. 3,967
Date of examination by commissioner: March 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
370
R E P O R T O F TH E
[Pub. D oc
N E W BE DFORD F IV E CENTS S A V IN G S B A N K — N E W
BEDFORD.
Incorporated April 14, 1855.
Present number of corporators, 143.
L oum Snow , President.
W il l ia m H. P it m an , Treasurer.
James T a y l o e , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
W il l ia m B a y l ie s ,
P akkm an M. L und ,
T homas W il c o x ,
Otis N. P ie r c e ,
W il l ia m R . W in g ,
F r e d e r ic k S. A l l e n ,
L oum S now ,
G eorge F . K in gm an ,
Ol iy e k P. B r ig h tm a n .
Dpen for business every business day, 9 a .m . to 1 p .m . ; also Saturday, 7 to 9 p .m .
B a l a n c e Sh e e t O c t o b e r
Liabilities .
A ssets.
Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on railroad stock, .
Real estate (for banking pur
poses),
....................................
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,
Tax account,
.
.
.
.
Cash on hand,
.
.
.
.
31, 1893.
$874,000
191,600
13,175
449,500
97,500
00
00
00
00
00
95,779 31
1,831,384 65
1,693,294 00
50,000
100
49,492
884
1,230
47,205
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Surplus fund, .
Discount account, .
Premium account, .
$5,099,236 53
201,700 00
11,824 83
4,394
54,812
8,855
14,321
59
34
25
46
00
00
30
14
25
35
$5,395,145 00
$5,395,145 00
Cash on Deposit in Banks, amount in each : —
Third National Bank, S p r i n g f i e l d , ............................................................... $ 101 29
844
International Trust Company, Boston..................................................................
National Bank of Redemption, Boston (overdraw n),....................................
1,392
Mechanics’ National Bank, New Bedford,
.
.
.
. ,
.
.
13,201
Merchants’ National Bank, New B e d f o r d ,......................................................
15,625
Citizens’ National Bank, New B e d f o r d , ...................................................... 7,181 15
National Bank of Commerce, New B e d f o r d , .............................................
7,483
First National Bank, New B e d f o r d , ...............................................................
6,447
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
46
61
83
42
10
66
No. 8 .]
371
SA Y IN G S B A N K COM M ISSION ERS
New Bedford Five Cents Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
o
o
CO
00
7,000 00*
On 7 shares National Bank of Commerce, New Bedford,
On 100 shares National Bank of Commerce, New Bedford,
On 2 shares First National Bank, New Bedford, .
On 2 shares Mechanics’ National Bank, New Bedford .
On 6 shares Merchants’ National Bank, New Bedford,
On 7 shares National Bank of Commerce, New Bedford,
On 6 shares Merchants’ National Bank, New Bedford,
On 3 shares First National Bank, New Bedford, .
On 3 shares Mechanics’ National Bank, New Bedford,
On 12 shares Merchants’ National Bank, New Bedford,
On 6 shares First National Bank, New Bedford, .
On 4 shares Citizens’ National Bank, New Bedford,
On 20 shares National Bank of Commerce, New Bedford,
1,700 00
1,000 00
675 00
2,500 00f
Loans on Railroad Stock, amount on each : —
On 492 shares Boston & Maine R . R . , ............................................................... $50,000 00
On 453 shares Boston & Maine R . R . , ...............................................................
47,500 00
* Additional collateral has since been furnished,
f This loan, in excess of the legal limit, has since been paid.
D etailed ¡Statement o f P u blie F u n d s.
Par Value.
City of Bangor, Me., 6s, .
of Bay City, Mich., 5s,
of Boston, Mass., 3Js,
of Boston, Mass., 4s,
of Cleveland, Ohio, 4-|s, .
of Banbury, Conn., 4s,
of Dayton, Ohio, 5 s ,.
of Detroit, Mich., 4s,
of East Saginaw, Mich., 5s,
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 5s,
of Holyoke, Mass , 6s,
of Lynn, Mass., 4s, .
of Manchester, N. H., 4 s,.
of New Bedford, Mass., 3^s,
of New Bedford, Mass., 6s,
of New Haven, Conn., 3|s,
of Norwich, Conn., 6s,
Town of Middleborough, Mass., 4s,
United States 6s,
United States 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$66,000
5,000
50,000
10,000
25,000
30,000
50,000
50,000
27,500
17,000
73,000
50,000
50,000
25,000
50,000
80,000
47,000
50,000
13,000
70,500
25,000
10,000
$874,000
Estimated
Market Value.
$71,600
5,400
47,500
10,100
25,250
30,000
53,000
50,000
29,025
19,040
85,410
53,500
55,500
25,000
50,000
78,800
49,820
47,925
13,910
70,500
27,980
11,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$66,000
5,000
50,000
10,000
25,000
30,000
50,000
50,000
27,500
17,000
73,000
50,000
50,000
25,000
50,000
80,000
47,000
50,000
13,000
70,500
25,000
10,000
00
00
00
00
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$910,460 00 $874,000 00
* A legal investment when made.
372
R E P O R T O F TH E
[Pub. D oc.
New Bedford Five Cents Savings Bank — Continued.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
Par Value.
Estimated
Market Value.
Amount Invested.
'
100 First National Bank, Boston, .
120 National Revere Bank, Boston,
100 Merchants’ N’l Bank, Boston,
20 State National Bank, Boston, .
25 Tremont Nat’l Bank, Boston, .
15 Winthrop Nat’l Bank, Boston,
100 Franklin N’l Bank, Franklin, .
523 Merchants’ Nat’l Bank, New
Bedford,
.
.
. . .
313 First N’l Bank, New Bedford,
200 Citizens’ National Bank, New
Bedford,
.
.
.
.
300 Nat’l Bank of Commerce, New
Bedford,
.
.
.
.
100 Third Nat’l Bank, Springfield,
$10,000
12,000
10,000
2,000
2,500
1,500
10,000
$23,500
11,880
14,600
2,020
2,350
1,740
10,000
00
00
00
00
00
00
00
$10,000
12,000
10,000
2,000
2,500
1,500
10,000
00
00
00
00
00
00
00
52,300
31,300
101,985 00
44,133 00
52,300 00
31,300 00
20,000
26,000 00
20,000 00
30,000
10,000
23,100 00
20,000 00
30,000 00
10,000 00
$191,600 $281,308 00 $191,600 00
D etailed Statem ent o f B ailroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 7s, .
Eastern R.R. 6s,
.
.
.
Fitchburg R.R. 4s, .
Fitchburg R.R 4|s, .
.
.
Old Colony R.R. 6s,.
Old Colony R.R. 7s,.
$10,000
89.000
50.000
15.000
52,500
50.000
118,000
45.000
20.000
.
.
$449,500
Estimated
Market Value.
$10,150
88,110
49.000
15.000
61,425
48,500
118,000
47,350
20,100
00
00
00
00
00
00
00
00
00
$457,635 00
Amount Invested.
$10,000
89.000
50.000
15.000
52,500
50.000
118,000
45.000
20.000
00
00
00
00
00
00
00
00
00
$449,500 00
Total A m ou n t o f L oa n s , with E ach Specified B ate o f Interest.
Amount.
$49,391
101
75.000
30.000
152,470
01
29
00
00
00
Rate.
2^ per cent.
3
4
»
4i
“
H
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
Amount.
$89,500
970,310
189,705
819,679
93,584
Rate.
00
00
00
00
00
4f per cent.
5
“
H “
5è
«
5|
“
Amount.
$475,675
399,200
232,305
9,775
148,250
Rate.
65
00
00
00
00
6 per cent.
6è
“
7
7è
“
8
“
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS
373
New Bedford Five Cents Savings Bank — Concluded.
Amount invested in real estate for banking purposes....................................... $95,779 31
Estimated value of the s a m e , ........................................................................
115,000 00
Assessed value of the s a m e ,.................................................................................
74,000 00
Number of loans which are of an amount not exceeding $3,000 each, 460
Aggregate amount of the same...............................................................................
613,187 22
Total number of loans upon real estate....................................................... 504
Gross amount of interest or profits received or earned, as per books, during
.
.
258,054 19
year ending Oct. 31, 1 8 9 3 ,...................................................... ........
Times for the dividends fixed by the by-laws : second Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the i 2 per cent., r
96,424 63
year ending Oct. 31, 1893............................................................ j 2| per cent., {
109,312 18
Number of accounts opened during the year ending Oct. 31, 1893,
2,860
Number of accounts closed during the year ending Oct. 31, 1893,
2,344
Total number of open accounts Oct. 31, 1893,
.
.
.
.
18,791
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
11,633 21
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,.......................................................................................... 1,085,996 39
Number of s a m e , .................................................................................17,312
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893..................................................................................................................... 1,156,324 67
Number of same.......................................................................................12,556
Date of examination by commissioner: August 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
374
R E P O R T O F TH E
[Pub. D oc.
N E W BEDFORD IN S T IT U T IO N FOR S A V IN G S
NEW
BEDFORD .
Incorporated June 16, 1825.
Present number of corporators, 114.
W il l ia m W a tk in s , President.
Ch arles H. P e ir c e , Treasurer.
W il l ia m G. W ood , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W il l ia m W a t k in s ,
E d w a r d D. M a n d e l l ,
H oratio 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 ,
A n drew G. P ie r c e .
John R . T hornton .
Open for business every business day, 9 a .m . to 1 p .m .; also Saturday, 2.30 to 5 p .m .
B a l a n c e Sh e e t O c to b er
31, 1893.
L iabilities .
Public funds as per schedule,
$2,923,200 00
Bank stock as per schedule,
1,376,860 00
Loans on bank stock,
31,450 00
Railroad bonds as per schedule,
771,000 00
Loans on railroad stock,
83,500 00
Railroad notes, .
.
.
.
300,000 00
Real estate (for banking purp o s e s ) , ....................................
30,000 00
Real estate by foreclosure,
3,000 00
Loans on real estate, .
2,272,537 00
Loans on personal security,
3,828,778 19
Loans to counties, cities or towns
( n o t e s ) ,....................................
132,000 00
Loans on depositors’ books,
1,000 00
Deposits in banks, on interest, .
324,716 49
Deposits in banks, not on interest,
1,930 59
Expense account,
1,606 00
Cash on hand, .
.
.
.
49,152 22
$12,130,730 49
Deposits, .
Guaranty fund,
Profit and loss account, .
$11,420,553 56
580,300 00
129,876 93
$12,130,730 49
Cash on Deposit in Banks, amount in each :
Merchants’ National Bank, New Bedford,
First National Bank, New Bedford,
National Bank of Commerce, New Bedford,
Mechanics’ National Bank, New Bedford,
Citizens’ National Bank, New Bedford,
National Revere Bank, Boston,
National Bank of Redemption, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,562
10,956
40,459
8,031
30,514
108,224
119,899
05
97
16
04
46
30
10
No. 8 .]
SA V IN G S B A N K CO M M ISSION ERS.
375
New Bedford Institution for Savings — Continued.
Loans on Bank Stock, amount on each : —
$700
800
500
500
300
On 7 shares Mechanics’ National Bank, New Bedford,
On 9 shares First National Bank, New Bedford, .
On 5 shares Mechanics’ National Bank, New Bedford,
On 5 shares Mechanics’ National Bank, New Bedford,
On 7 shares Southbridge National Bank, Southbridge,
On 17 shares First National Bank, New Bedford,
On 6 shares National Bank of Commerce, New Bedford,
On 12 shares Mechanics’ National Bank, New Bedford,
On 10 shares First National Bank, New Bedford,
On 5 shares Citizens’ National Bank, New Bedford, .
On 9 shares First National Bank, New Bedford, .
On 15 shares Mechanics’ National Bank, New Bedford,
On 22 shares National Bank of Commerce, New Bedford,
On 91 shares First National Bank, New Bedford,
On 10 shares Mechanics’ National Bank, New Bedford,
On 10 shares National Bank of Commerce, New Bedford,
On 25 shares Falmouth National Bank, Falmouth,
On 100 shares First National Bank, Easton,
On 9 shares Merchants’ National Bank, New Bedford,
On 13 shares Mechanics’ National Bank, New Bedford,
On 20 shares Citizens’ National Bank, New Bedford, .
00
00
00
00
00
1,000 00
600 00
350 00
4,300 00
4,700 00
3,500 00
10,000 00
2,200 00
2,000 00
Loans on Railroad Stock, amount on each : —
.
On 200 shares Old Colony R . R . , ....................................
On 500 shares Old Colony R .R ..........................................
On 50 shares Boston & Albany R.R , .
$26,000 00
50,000 00
7,500 00
D etailed Statem ent o f Public F unds.
Par Value.
'
Town of Attleborough, Mass.,7s,
City of Bangor, Me., 6s, .
of Bath, Me., 6s,
of Boston, Mass., 4s, .
of Boston, Mass., 5 s,.
of Boston, Mass., 6 s,.
of Cambridge, Mass., 6s, .
of Charlestown, Mass., 5s,
of Chelsea, Mass , 4s,
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 4is, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s,
of Danbury, Conn., 4s,
of Dayton, Ohio, 5s, .
of Detroit, Mich., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$34,000
100,000
13,000
100,000
482,000
2,000
4,000
100,000
50,000
26,000
100,000
11,000
57,000
10,000
50,000
100,000
300,000
Estimated
Market Value.
$40,800
110,000
13,000
100,000
522,170
2,140
4,200
100,000
50,000
27,950
101,000
11,330
58,710
10,000
50,000
105,000
300,000
* Legal investments when made.
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$34,000
100,000
13,000
100,000
482,000
2,000
4,000
100,000
50,000
26,000
100,000
11,000
57,000
10,000
50,000
100,000
300,000
00
00
00*
00
00
00
00
00
00
00
00
00
00
0Q
00
00*
00
376
R E P O R T O F TH E
[Pub. D oc
New Bedford Institution for Savings — Continued.
D etailed Statem ent o f Public F u n d s — Concluded.
Par Value.
Estimated
Market Value.
City of East Saginaw, Mich., 5s,
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 5s,
of Lawrence, Mass., 6s,
of Lowell, Mass., 4 s,.
of Lynn, Mass., 4s, .
of Lynn, Mass., 6s, .
of Manchester, N. IL, 6s, .
of Middletown, Conn., 6s,
of New Bedford, Mass., 3is,
of New Bedford, Mass., 4s,
of New Bedford, Mass., 5s,
of New Bedford, Mass., 6s,
of Pawtucket, R. I., 5s,
of Peoria, 111., 4|s, .
of Providence, R. I., 4s, .
of Providence, R. I., 4£s, .
of Providence, R. I., 5s, .
of Providence, R. I., 6s, .
of Salem, Mass., 4s, .
of Springfield, Ohio, 4|-s, .
of Waltham, Mass., 4s,
of Woonsocket, R. I., 4s, .
District of Columbia 5s, .
of Columbia 6s, .
$60,000
1,000
1,000
31,000
130,000
2,000
20,000
162,000
1,000
8,000
28,000
25,000
150,000
10,000
166,000
5,000
50,000
50,000
6,000
169,200
2,000
100,000
60,000
25,000
20,000
84,000
20,000
$60,300
1,040
1,020
33,170
136,500
2,220
20,000
162,000
1,030
6,000
28,280
24,750
150,000
10,700
187,580
5,200
50,750
51,000
6,180
178,410
2,240
100,000
60,600
25,000
20,000
87,360
22,800
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
Amount Invested.
$60,000
1,000
1,000
31,000
130,000
2,000
20,000
162,000
1,000
6,000
28,000
25,000
150,000
10,000
166,000
5,000
50,000
50,000
6,000
169,2U0
2,000
100,000
60,000
25,000
20,000
84,000
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
00
00
00
$2,923,200 $3,040,430 00 $2,923,200 00
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
360
150
30
250
260
90
170
30
230
140
90
Par Value.
Atlas National Bank, Boston,
Boston National Bank, Boston,
National City Bank, Boston. .
Continental N’l Bank, Boston,
Columbian N’l Bank, Boston,
Eliot National Bank, Boston, .
National Eagle Bank, Boston,
Everett National Bank, Boston,
First National Bank, Boston, .
Howard Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$36,000
15,000
3,000
25,000
26,000
9,000
17,000
3,000
23,000
14,000
9,000
Estimated
Market Value.
$41,400
13,950
2,580
28,500
26,000
10,350
16,150
2,730
54,510
13,860
10,260
Amount Invested.
$36,000
15,000
3,000
25,000
26,000
9,000
17,000
3,000
23,000
14,000
9,000
00
00
00
00
00
00
00
00
00
00
00
No. 8 .]
377
SA Y IN G S B A N K CO M M ISSION ERS.
New Bedford Institution for Savings — Continued.
No. of
Shares.
D etailed Statem ent o f B ank Stocks — Concluded.
230
440
100
460
200
20
200
380
200
490
500
130
40
230
530
140
140
90
350
130
18
200
22
200
250
45
150
1000
1356
1096
1000
1366
200
70
Par Value.
Merchants’ Nat’l Bank, Boston,
Massachusetts N’l B’k, Boston,
Monument Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Com
monwealth, 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,
National Revere Bank, Boston,
National Union Bank, Boston,
New England N’l B’k, Boston,
North National Bank, Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
State National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Washington N’l Bank, Boston,
Winthrop Nat’l Bank, Boston,
First National Bank, Chelsea,
Fairliaven N’l B’k, Fairhaven,
Fall River N’l B’k, Fall River,
Metacomet N’l B’k, Fall River,
Railroad Nat’l Bank, Lowell, .
First National Bank, Malden,.
Citizens’ N’l B’k, New Bedford,
First N’l Bank, New Bedford,
Merchants’ Nat’l Bank, New
Bedford,
.
.
.
.
Mechanics’ Nat’l Bank, New
Bedford,
.
.
.
.
National Bank of Commerce,
New Bedford,
Third Nat’l Bank, Springfield,
National Bank of South Tread
ing, Wakefield, .
i
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$23,000
44,000
10,000
46,000
$32,890
41,800
22,000
54,280
$23,000
44,000
10,000
46,000
00
00
00
00
20,000
2,000
20,000
38,000
20,000
49,000
50,000
13,000
4,000
23,000
53,000
14,000
14,000
9,000
35,000
13,000
1,800
20,000
1,760
20,000
25,000
4,500
15,000
100,000
135,600
25,000
2,360
21,000
39,900
25,000
71,540
50,000
16,770
6,280
25,070
95,930
15,680
12,600
9,180
33,250
13,000
2,088
22,400
1,782
21,000
31,250
5,400
22,500
130,000
189,840
20,000
2,000
20,000
38,000
20,000
49,000
50,000
13,000
4,000
23,000
53,000
14,000
14,000
9,000
35,000
13,000
1,800
20,000
1,760
20,000
25,000
4,500
15,000
100,000
135,600
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
109,600
208,240
109,600 00
100,000
170,000
100,000 00
136,600
20,000
109,280
40,000
136,600 00
20,000 00
7,000
8,050
7,000 00
$1,376,860
$1,795,650 $1,376,860 00
378
R E P O R T O F TH E
[Pub. D oc
New Bedford Institution for Savings — Continued.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Albany R.R 6s,
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s..............................
Boston & Lowell R.R. 4|s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4 s ,.
Boston & Maine R.R. 7 s,.
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
New Bedford R.R. 7s,
Old Colony R.R. 6s,.
Estimated
Market Value.
Amount Invested.
$50,000
$50,750 00
$50,000 00
13,000
20,000
36,000
44,000
200,000
25,000
200,000
38,000
75,000
70,000
14,040
20,300
87,080
45,540
196,000
25,000
200,000
39,040
75,375
73,500
13,000
20,000
36,000
44,000
200,000
25,000
200,000
38,000
75,000
70,000
$771,000
00
00
00
00
00
00
00
00
00
00
$776,625 00
00
00
00
00
00
00
00
00
00
00
$771,000 00
Total A m ou n t o f L oa n s , w ith Each Specified Rate o f Interest.
Rate.
Amount.
$46,593
228,123
40.000
50.000
660,000
30.000
781,700
09
40
00
00
00
00
00
2J per cent.
3
3*
“
3|
»
4
«
44
«
44
“
Amount.
$50,000
300,000
1,304,792
112,200
926,832
2,400
828,316
Rate.
00
00
19
00
00
00
00
4f per cent.
4|
“
5
“
54
“
54
“
5§
“
6
“
Amount.
$40,000
305,175
888.500
139.500
239,850
Rate.
00
00
00
00
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 ,.................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 374
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 408
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, 1893......................................................................................
Times for the dividends fixed by the by-laws : first Monday in April and
October.
*
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
64 per cent.
64
“
7
74
“
8
“
$30,000 00
50.000 00
29.000 00
3,000 00
5,150 00
476,197 00
33.000 00
592,659 43
No. 8 .]
379
SA Y IN G S B A N K COM M ISSION ERS.
New Bedford Institution for Savings— Concluded.
Rate and amount of each semi-annual dividend during the 1 2^ per cent., ( $251,125 08
250,353 51
year ending Oct. 31, 1 8 9 3 ,...................................................... J %à percent.,
Number of accounts opened during the year ending Oct. 31, 1893,
2,442
Number of accounts closed during the year ending Oct. 31, 1893, . 2,454
Total number of open accounts Oct. 31, 1893,
.
.
.
.
21,819
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
22,830 22
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,
..........................................................................................
Number of s a m e ,.................................................................................13,254
Amount of withdrawals, including dividends, during the year ending Oct.
3 1 , 1 8 9 3 , ...............................................................
Number of s a m e ,..............................................................
Date of examination by commissioner : September 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1,605,104 05
2,095,504 60
16,427
380
R E P O R T O F TH E
[Pub. D oc
N E W B U E Y P O E T F IV E CENTS S A V IN G S B A N K — N E W BUEYPOET.
Incorporated April 24, 1854.
Present number of corporators, 41.
E ben S um ner , President.
J. a . M a y n a r d , Treasurer.
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 S um n er ,
A . W . Green le af,
N a t h a n ie l D ole ,
M oses H. F o w l e r ,
Open for business every business day, except Saturday, 9 a . m . to 1 p . m . ; 2.30 to 4 p . m . ;
Saturday, 9 a . m . to 1 p .m .
B a l a n c e Sh e e t O c t o b er
A ssets.
31, 1893.
L iabilities .
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),
....................................
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Expense account,
Cash on hand, .
.
.
.
$202,000
151,700
13.000
95.000
25.000
00
00
00
00
00
30.000
3,500
425,725
181,000
34,494
145
5,768
00
00
00
00
55
84
61
$1,167,334 00
Cash on Deposit in Bank : —
First National Bank, Newburyport,
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Premium account, .
$1,027,526 80
52,445 16
71,221 99
10,000 00
6,140 05
$1,167,334 00
«
$34,494 55
Loans on Bank Stock, amount on each: —
On 40 shares First National Bank, Ipswich, .
On 100 shares Essex National Bank, Haverhill, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000 00
10,000 00
No. 8 .]
SA Y IN G S B A N K COM M ISSION ERS
381
Newburyport Five Cents Savings Bank — Continued.
D etailed Statem ent o f Public F u n d s.
Estimated
Market Value.
City of Bangor, Me., 6s, .
of Boston, Mass., 3|s,
of Chicago, 111., 4s, .
of Lynn, Mass., 4s, .
of Taunton, Mass., 4s,
of Woonsocket, R. I., 4s, .
Town of Arlington, Mass , 4 s,.
City of Nashua, N. II., 4s,
of Danbury, Conn , 4s,
of Grand Rapids, Mich., 4-|s, .
of Somerville, Mass., 4^8,
of Marlborough, Mass., 4s,
of Waltham, Mass., 4s, .
$10,000
40,000
25,000
14,000
14,000
5,000
5,000
10,000
14,000
15,000
10,000
15.000
25,000
$202,000
$10,950
38,866
25,333
14,046
14,186
5,000
5,066
10,166
14,186
15,356
10,233
15,150
25,083
00
66
33
67
67
00
66
66
67
25
33
00
33
$203,626 23
$10,000
40,000
25,000
14,000
14,000
5,000
5,000
10,000
14,000
15,000
10,000
15,000
25,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$202,000 00
D etailed Statem ent o f B a n k Stocks.
OS
o2
«5
10
60
33
100
8
80
82
18
100
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Blackstone N’l Bank, Boston,.
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
National City Bank, Boston, .
Columbian N ’l Bank, Boston,
N’l Bank of Commerce, Boston,
National Bank of the Commonwealth, Boston, .
42 Continental N’l Bank, Boston,
74 National Eagle B’k, Boston, .
33 Eliot National Bank, Boston, .
50 Everett Nat’l Bank, Boston, .
5 Nat’l Exchange Bank, Boston,
50 Globe National Bank, Boston,
10 Hamilton Nat’l Bank, Boston,
25 N ’l Hide & Leather B’k, Boston,
15 Howard Nat’l Bank, Boston, .
76 Market Nat’l Bank, Boston, .
10 New England N’l B’k, Boston,
10 N’l B’k of No. America, Boston,
23 N’l B’k of the Republic, Boston,
37 Nat’l Revere Bank, Boston, .
10 Shawmut Nat’l Bank, Boston,
12 Suffolk Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$1,000
6,000
3,300
10,000
800
8,000
8,200
1,800
$1,205
6,915
2,978
9,300
1,000
6,880
8,200
2,124
00
00
25
00
00
00
00
00
$1,000
6,000
3,300
10,000
800
8,000
8,200
1,800
00
00
00
00
00
00
00
00
10,000
4,200
7,400
3,300
5,000
500
5,000
1,000
2,500
1,500
7,600
1,000
1,000
2,300
3,700
1,000
1,200
12,825
4,819
6,660
3,811
4,500
590
4,606
1,140
2,650
1,485
6,992
1,572
1,052
3,358
3,700
1,120
1,200
00
50
00
50
00
00
25
00
00
00
00
25
50
00
00
00
00
10,000
4,200
7,400
3,300
5,000
500
5,000
1,000
2,500
1,500
7,600
1,000
1,000
2,300
3,700
1,000
1,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
382
R E P O R T O F TH E
[Pub. D oc.
Newburyport Five Cents Savings Bank — Continued.
No. of
Shares.
D etailed Statem ent o f Bank Stocks — Concluded.
158
50
24
56
56
100
60
70
Par Value.
Third National Bank, Boston,.
Tremont Nat’l Bank, Boston, .
Nat’l Union Bank, Boston,
Nat’l Webster Bank, Boston, .
First N’l Bank, Newburyport,
Mechanicks’ Nat’l Bank, Newburyport,
.
.
.
.
Ocean N’l B’k, Newburyport,
Shoe & Leather N’l B’k, Boston,
$15,800
5,000
2,400
5,600
5,600
Estimated
Market Value.
$13,746
4,750
3,096
5,096
7,000
00
00
00
00
00
Amount Invested.
$15,800
5,000
2,400
5,600
5,600
00
00
00
00
00
10,000
3,000
7,000
12,000 00
3,600 00
6,300 00
10,000 00
3,000 00
7,000 00
$151,700
$156,272 25
$151,700 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.TL 4s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
Estimated
Market Value.
$30,000
25.000
25.000
15.000
$29,800
25,166
25,187
15,575
$95,000
$95,728 50
00
00
50
00
Amount Invested.
$30,000
25.000
25.000
15.000
00
00
00
00
$95,000 00
Total A m ou n t o f L oa n s, with E a ch Specified R ate o f Interest.
Amount.
$34,494 55
25,000 00
167,250 00
Kate.
2 per cent.
4|
»
5,
»
Amount.
$18,000 00
125,550 00
254,950 00
Rate.
5;j per cent.
5è
“
6
»
Amount.
$25,000 00
3,975 00
25,000 00
Rate.
64 per cent.
7
8
Amount invested in real estate for banking purposes,.................................... $30,000 00
Estimated value of the same,
.
...............................................................
35,000
Assessed value of the s a m e ,.................................................................................
33,000
Net income received from same during year ending Oct. 31, 1893,
.
.
992
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
3,500
Assessed value of the s a m e ,.................................................................................
7,000
Number of loans which are of an amount not exceeding $3,000 each, . 249
Aggregate amount of the s a m e , ........................................................................
253,825
Total number of loans upon real e s t a t e , ............................................. 274
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
69
00
00
00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
' 383
Newbury port Five Cents Savings Bank — Concluded.
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, 1893......................................................................................
Times for the dividends fixed by the by-laws: first Monday in May and
November.
Rate and amount of each semi-annual dividendduring the ) 2J per cent., f
year ending Oct. 31, 1893,
.
.
.
.
.
.
) 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
281
Number of accounts closed during the year ending Oct. 31, 1893,
. 199
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,199
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ........................................................................
156,004
Number of s a m e , .......................................................................................... 1,369
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893...................................................................................................
142,233
Number of s a m e ,........................................................................................... 1,405
Date of examination by commissioner: June 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,500 00
57,005 15
23,057 58
19,262 90
2,722 93
29
85
384
R E P O R T O F TH E
[Pub. D oc.
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.
James F. C. H y d e , President.
A dolphus J. B l a n c h a r d , Treasurer.
C h as . A . M in e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J. F . C. H y d e ,
S amuel M. Jackson ,
F rancis M u rdock .
Open for business every business day, except Saturday, 9 a . m . to 12 m ., 2 to 4 p . m . ;
Saturday, 9 a . m . to 1 p . m .
B a l a n c e Sh e e t O cto b er
A ssets.
31, 1893.
L iabilities .
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 stock,
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, .
.
.
.
$126,000
200
37,925
3,000
112,000
1.500
1,504,337
507,079
00
00
00
00
00
00
41
62
27,000
62,803
2.500
1,433
818
00
26
00
52
12
$2,386,596 93
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
$2,235,000 13
56,370 00
27,986 29
67,240 51
$2,386,596 93
1
Cash on Deposit in Banks, amount in each: —
Newton National Bank, Newton, ........................................................................ $16,885 97
National Bank of Redemption, B o s t o n , ......................................................
48,417 29
Loan on Public Funds :
On $200 United States 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200 00
No. 8 .]
385
SA Y IN G S B A N K COM M ISSION ERS
Newton Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 5 shares Mechanics’ National Bank, B o ston ,............................................. $500 00
On 30 shares Manufacturers’ National Bank, L y n n , ....................................
2,500 00
Loan on Railroad Stock: —
On 11 shares Boston & Albany R .R ......................................................................$1,500 00
D etailed sta tem en t o f P ublic F u n d s.
Par Value.
City of Bangor, Me., 6s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Lewiston. Me., 6s,
of Newton, Mass., 5s,
of Worcester, Mass., 5s, .
Town of Franklin, N. H., 4s, .
of Needham, Mass., 4 s,.
City of Cleveland, Ohio, 4s,
of Pittsfield, Mass., 4s,
$6,000
20,000
10,000
2,000
50.000
5.000
5.000
15.000
3.000
10.000
Estimated
Market Value.
$6,170
20,075
10,300
2,200
55.000
5,450
4,950
15.000
2,970
10.000
00
00
00
00
00
00
00
00
00
00
$126,000 $132,115 00
Amount Invested.
$6,000
20,000
10,000
2,000
50.000
5.000
5.000
15.000
3.000
10.000
00
00
00
00
00
00
00
00
00
00
$126,000 00
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
50
60
25
116
30
6
15
10
25
25
15
3
Commercial Nat’l B’k, Boston,
National Bank of the Commonwealth, Boston,
Globe National Bank, Boston,
Lincoln Nat’l Bank, Boston, .
Nat’l Revere Bank, Boston,
State National Bank, Boston, .
Winthrop Nat’l Bank, Boston,
First Nat’l Bank, Cambridge, .
Wachusett N’l B’k, Fitchburg,
Natick Nat’l Bank, Natick,
Newton Nat’l Bank, Newton, .
Waltham N’l Bank, Waltham,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
$5,000
$5,900 00
$5,000 00
6,000
2,500
11,600
3,000
600
1,500
1,000
2,500
2,500
1,500
225
7,695
2,303
10,440
3,000
614
1,740
1,800
5,000
3,125
1,200
315
6,000
2,500
11,600
3,000
600
1,500
1,000
2,500
2,500
1,500
225
$37,925
00
13
00
00
25
00
00
00
00
00
00
$43,132 38
Amount Invested.
00
00
00
00
00
00
00
00
00
00
00
$37,925 00
386
R E P O R T O F TH E
[Pub. D oc.
Newton Savings B an k— Concluded.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Fitchburg R.R. 5s, .
Fitchburg R.R. 7s, .
Leeds & Farmington R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 6s, .
Maine Central R.R. 7s,
.
Old Colony R R. 7 s,.
Portland & Kennebec R.R. 6s,
Portland & Ogdensburg R.R. 6s,
$21,000
4.000
27.000
1.000
1.500
10.000
9.000
7.000
4.000
7.500
20,000
$112,000
Estimated
Market Value.
$20,790
4,120
28,310
1,005
1,545
10,500
9,720
9,100
4,020
7,575
21,600
00
00
00
00
00
00
00
00
00
00
00
$118,285 00
Amount Invested.
$21,000
4.000
27.000
1.000
1.500
10.000
9.000
7.000
4.000
7.500
20,000
00
00
00
00
00
00
00
00
00
00
00
$112,000 00
Total A m ount o f L oa n s , w ith E a ch Specified R ate o f In terest.
Amount.
$14,385
20,000
28,417
20,000
Rate.
97
00
29
00
2 per cent.
2*
“
3
4
“
Amount.
$1,221,529
103,865
533,397
92,125
Rate.
57
17
29
00
5 per cent.
“
5£
6
“
Amount.
$2,500 00
64,700 00
5,000 00
Rate.
6J per cent.
7
7_3_ “
' 10
Number of loans which are of an amount not exceeding $3,000 each, 275
Aggregate amount of the s a m e , ........................................................................ $470,137 20
Total number of loans upon real e s t a t e , ............................................. 378
Gross amount of interest or profits received or earned, as per books, during
........................................................................
year ending Oct. 31, 1893, .
116,694 43
Times for the dividends fixed by the by-laws : January 10 and July 10.
Rate and amount of each semi-annual dividend during the } 2 per cent., f
42,467 30
year ending Oct. 31, 1 8 9 3 ,............................................. i 2 per cent., 1
42,406 72
Number of accounts opened during the year ending Oct. 31, 1893,
. 989
Number of accounts closed during the year ending Oct. 31, 1893,
. 637
Total number of open accounts Oct. 31, 1893,
.
.
.
.
8,485
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes).....................................................................................................
8,033 20
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
476,196 69
Number of s a m e , .................................................................................7,790
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
469,007 55
Number of the s a m e , ........................................................................5,601
Date of examination by commissioner: April 14.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8 .]
387
SA Y IN G S B A N K COM M ISSION ERS
N O R TH AD AM S S A V IN G S B A N K — NO R TH A D AM S.
Incorporated April 26,1848.
Present number of corporators, 26.
A. C. H oughton , President.
V . A. W h it a k e r , Treasurer.
Y . A . W h it a k e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
A . B. W r ig h t ,
G eorge L. R ic e ,
W . H. G a y l o r d .
Open for business every business day, except Saturday, 9 a . m . to 4 p .m . ; Saturday,
9 a .m . to 6 P.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 (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,
Deposits in banks, not on interest,
Expense account,
Interest account,
Insurance account,
Cash on hand,
.
.
.
.
31, 1893.
L iabilities .
$192,200
59,400
4,050
20,000
00
00
00
00
16,357
20,189
1,260,906
445,536
87
71
24
44
217,500
1,700
5,397
6,350
716
26,763
210
2,181
00
00
72
62
16
12
00
83
Deposits, .
Guaranty fund,
Undivided earnings
account,
State tax account, .
$2,279,459 71
$2,178,959 71
82,500 00
15,000 00
3,000 00
$2,279,459 71
Cash on Deposit in Banks, amount in each:—
National Bank of the Commonwealth, B o s t o n ,............................................. $5,397 72
Adams National Bank, North A d a m s,...............................................................
3,596 84
Berkshire National Bank, North A d a m s , ......................................................
2,753 78
Loans on Bank Stock, amount on each: —
On 85 shares Adams National Bank, North Adams, .
.
.
.
On 5 shares Pittsfield National Bank, Pittsfield,.............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,600 00
450 00
388
R E P O R T O F TH E
[Pub. D oc
Worth Adams Savings Bank — Continued.
D etailed Statem ent o f P u blic F u nd s.
Par Value.
Town of Plymouth, Mass , 4s,.
City of Bangor, Me., 6s, .
of Cleveland, Ohio, 7s,
of Dayton, Ohio, 4s,
of Fall River, Mass., 6s, .
of Lowell, Mass., 4s,
of Lynn, Mass., 6s, .
of New Bedford, Mass., 6s,
of Norwich, Conn., 4s,
of Portland, Me., 6s,
of Providence, R. 1 , 5s, .
of Terre Haute, Ind., 5s, .
of Woonsocket, R. I., 4s, .
$31,200
5,000
25,000
20,000
11,000
10,000
1,000
1,000
25,000
5,000
18,000
10,000
30,000
$192,200
Estimated
Market Value.
$31,200
5,200
25,370
20,000
12,900
10,000
1,010
1,050
25,000
6,035
19,000
10,300
30,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$197,065 00
Amount Invested.
$31,200
5,000
25,000
20,000
11,000
10,000
1,000
1,000
25,000
5,000
18,000
10,000
30,000
00
00
00
00*
00
00
00
00
00
00
00
00
00
$192,200 00
* A legal investment when made.
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
14
250
280
50
Par Value.
Lee National Bank, Lee,
Adams N’l Bank, No. Adams,.
Berkshire N’l B’k, No. Adams,
Pittsfield N’l Bank, Pittsfield,.
$1,400 '
25.000
28.000
5,000
$59,400
Estimated
Market Value.
$1,890
31,250
28,000
8,000
00
00
00
00
$69,140 00
Amount Invested.
$1,400
25.000
28.000
5,000
00
00
00
00
$59,400 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Fitchburg R.R. 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
Estimated
Market Value.
$19,600 00
Amount Invested.
$20,000 00
No. 8 .]
SA V IN G S B A N K
389
CO M M ISSION ERS.
North Adams Savings Bank — Concluded.
Total A m ou n t o f L oa n s , with Each Specified Rate o f Interest.
Kate.
Amount.
$5,397 72
193,500 00
4
per cent.
“
Amount.
Kate.
Amount.
Kate.
$125,000 00
1,350,786 84
4P; per cent.
5
$260,405 84
6 per cent.
Amount invested in real estate for banking purposes........................................
Estimated value of the s a m e , ........................................................................
Assessed value of the s a m e ,.................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
$16,357 87
35.000 00
29.000 00
wise,
.....................................................................................................................
Assessed value of the same.....................................................................................
Number of loans which are of an amount not exceeding $3,000 each,. 401
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 407
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, 1893.....................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1893,...................................................... i 2 per cent., 1
Number of accounts opened during the year ending Oct. 31,1893,
1,119
Number of accounts closed during the year ending Oct. 31,1893,
1,255
Total number of open accounts Oct. 31, 1893,
.
.
.
.
6,042
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e ,................................................................................. 6,665
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
Number of s a m e , ................................................................................ 5,735
Date of examination by commissioner: July 6.
20,187 91
21,700 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
446,598 34
28.000 00
110,871 83
42,299 28
42,533 61
8,342 68
477,271 80
540,550 27
390
R E P O E T O F TH E
[Pub. Doc.
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 —
NO R TH AM PTO N .
Incorporated March 1, 1842.
Present number of corporators, 15.
H . G. K n ig h t , President.
L. M a l t b y , Treasurer.
T. G. S pa u l d in g , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
L. M a l t b y ,
O scar E d w a r d s ,
J. S. L ath ro p .
Open for business every business day, 9 a .m . to 3 p .m .
B a l a n c e Sh e e t O c t o b er
31, 1893.
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 (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 ) ,....................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Cash on hand, .
.
.
.
L iabilities .
$460,000
56.500
21,995
470,000
1,100
00
00
00
00
00
18,000
5,150
1,397,376
352,059
00
00
12
00
20.500
1,390
67,043
9,238
00
00
27
89
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$2,703,628 82
140,000 00
36,723 46
$2,880,352 28
$2,880,352 28
Cash on Deposit in Banks, amount in each : —
Northampton National Bank, Northampton,
Globe National Bank, B o s t o n , .............................................
.
$50,337 45
16,705 82
Loans on Bank Stock, amount on each: —
On 10 shares First National Bank, Easthampton,
On 10 shares First National Bank, Easthampton,
On 10 shares First National Bank, Easthampton,
On 100 shares First National Bank, Easthampton,
On 12 shares First National Bank, Easthampton,
On 14 shares First National Bank, Northampton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$370
1,000
1,000
10,000
250
350
00
00
00
00
00
00
No. 8
391
SA Y IN G S B A N K CO M M ISSION ERS.
Northampton Institution for Savings — Continued.
$575 00
On 9 shares First National Bank, Northampton, .
On 24 shares First National Bank, Northampton,
On 37 shares First National Bank, Northampton,
On 5 shares First National Bank, Northampton, .
On 5 shares First National Bank, Northampton, .
On 10 shares Hampshire County National Bank, Northampton,
On 4 shares Northampton National Bank, Northampton, .
On 10 shares Northampton National Bank, Northampton, .
On 10 shares First National Bank, Greenfield,
On 18 shares Palmer National Bank, Palmer,
On 10 shares Ware National Bank, Ware, .
.
.
.
100 00
3,700 00
300 00
650 00
400 00
300 00
200 00
1,800 00
1,000 00
Loan on Railroad Stock : —
On 9 shares Boston & Albany R . R . , ............................................................... $1,100 00
D etailed ¡Statement o f P u blic F u n d s.
Par Value.
City of Boston, Mass., 4s,
of Akron, Ohio, 5s, .
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 4|s, .
of Dayton, Ohio, 5 s,.
of Dayton, Ohio. 6s,.
of Springfield, Ohio, 5s, .
of Milwaukee, Wis., 7s, .
of Providence, R. I., 4s, .
Town of Meriden, Conn., 4^s,.
of Meriden, Conn., 6s, .
Estimated
Market Value.
Amount Invested.
$200,000 $205,000 00 $200,000 00
20,000 00
20,000 00
20,000
33.000 00
34,285 00
33.000
28.000 00
28,280 00
28.000
24.000 00*
24,960 00
24.000
31.000 00*
32,395 00
31.000
7.000 00
7,210 00
7.000
7.000 00
7,420 00
7.000
50.000 00
51,000 00
50.000
40.000 00
40,800 00
40.000
20.000 00
20,100 00
20.000
$460,000 $471,450 00
$460,000 00
* Legal investments when made.
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
29
53
15
10
105
20
27
50
Par Value.
Atlantic Nat’l Bank, Boston, .
Boston National Bank, Boston,
Nat’l B’k of Commerce, Boston,
Nat’l Exchange Bank, Boston,
First National Bank, Boston, .
Merchants’ Nat’l B’k, Boston,.
N’l B’k of No. America,Boston,
Second Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,900
5,300
1,500
1,000
10,500
2,000
2,700
5,000
Estimated
Market Value.
$3,480
4,929
1,440
1,000
24,885
2,860
2,835
9,050
00
00
00
00
00
00
00
00
Amount Invested.
$2,900
5,300
1,500
1,000
10,500
2,000
2,700
5,000
00
00
00
00
00
00
00
00
[Pub. D oc
R E P O R T O F TH E
392
Northampton Institution for Savings— Continued.
No. of
Shares.
D etailed Statem ent o f B an k Stocks — Concluded.
26
17
17
20
20
100
16
40
Par Value.
Shawmut Nat'l Bank, Boston,
State National Bank, Boston, .
Traders’ Nat’l Bank, Boston, .
Washington Nat’l B’k, Boston,
Nat’l Webster Bank, Boston, .
Northampton National Bank,
Northampton,
First N’l Bank, Northampton,
City National Bank, Worcester,
Estimated
Market Value.
Amount Invested.
$2,600
1,700
1,700
2,000
2,000
$2,912
1,751
1,530
2,000
1,820
00
00
00
00
00
$2,600
1,700
1,700
2,000
2,000
00
00
00
00
00
10,000
1,600
4,000
16,000 00
1,920 00
6,400 00
10,000 00
1,600 00
4,000 00
$56,500
$84,812 00
$56,500 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Alban}TR.R. 5s,
Boston & Albany R.R. 6s,
Boston, Clinton & Fitchburg R.R. 5s,
Boston & Lowell R.R. 7s,
Boston & Maine R.R. 7s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,
. . .
Maine Central R.R. 4^s, .
$50,000
70.000
40.000
40.000
70.000
100,000
50.000
50.000
Estimated
Market Value.
$52,750
71,750
43.200
41.200
70.000
105,250
50.000
51.000
00
00
00
00
00
00
00
00
$470,000 $485,150 00
Amount Invested.
$50,000
70.000
40.000
40.000
70.000
100,000
50.000
50.000
00
00
00
00
00
00
00
00
$470,000 00
Total A m ou nt o f L oan s, w ith E ach S p e c if ed R ate o f Interest.
Rate.
Amount.
Rate.
2£ per cent.
3
“
4
«
$57,000 00
30,000 00
1,487,965 12
4£ per cent.
4|
“
5
Amount.
$16,705 82
50,337 45
2,550 00
Rate.
Amount.
$25,000 00
30,000 00
161,905 00
5% per cent.
H
6
“
“
Amount invested in real estate for banking purposes,.................................... $ 18,000 00
Estimated value of the same,.................................................................................
25,000
Assessed value of the s a m e ,.................................................................................
21,500
Net income received from same during year ending Oct. 31, 1893,
.
.
230
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.................................................................................
.
.
.
.
5,150
Assessed value of the s a m e ,.................................................................................
4,900
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
No. 8 .]
SA Y IN G S B A N K CO M M ISSION ERS.
393
Northampton Institution for Savings — Concluded.
Net income received from same during year ending Oct. 31, 1893, .
.
Number of loans which are of an amount not exceeding $3,000 each,. 385
Aggregate amount of the same...............................................................................
Total number of loans upon real e s t a t e , .............................................370
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 9 3 , ...............................................................
Times for the dividends fixed by the by-laws: first Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,......................................................J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 998
Number of accounts closed during the year ending Oct. 31, 1893,
. 966
Total number of open accounts Oct. 31, 1893....................................
6,869
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ...........................................................................................7,236
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893, .
.
.
.
.
.
.
.
.
.
.
Number of s a m e , ................................................................................ 6,512
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ................................................................................
490,530
Number of s a m e , .................................................................................5,319
Date of examination by commissioner: April 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$242 20
375,827 12
200 00
139,680 64
52,471 12
52,665 44
25
400,975 31
41
394
R E P O R T O F TH E
[Pub. D oc.
N O R T H A V E N U E S A V IN G S B A N K — CA M B R ID G E .
Incorporated March 7, 1872.
Present number of corporators, 34.
Sam uel F. W oodridge , President.
M ilton L. W alton , Treasurer.
G eorge 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 dbridge ,
R ussell S. E d w a r d s ,
C h arles F. S tratton ,
J ohn J. H enderson ,
W ar r e n L. H ooper .
Open for business, Monday, Wednesday and Saturday, 9 a .m . to 1 p .m . ; Tuesday,
Thursday and Friday, 8 a .m . to 10 a .m . ; also Saturday, 6 to 8 p .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,
Loan on bank stock,
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Suspense account,
Cash on hand, .
.
.
.
31, 1893.
L iabilities .
$10,400
1,000
5,850
5,000
20,000
202,130
114,215
34,654
381
1,231
00
00
00
00
00
00
00
25
63
10
$394,861 98
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$372,552 03
7,500 00
14,809 95
$394,861 98
Cash on Deposit in Banks, amount in each: —
Howard National Bank, B o s t o n ,........................................................................$17,694 24
Faneuil Hall National Bank, B o s t o n ,...............................................................
16,960 01
Loan on Public Funds : —
On $1,000 City of Newton, Mass., 4 s , ............................................................... $1,000 00
Loan on Bank Stock : —
On 63 shares Traders’ National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000 00
No. 8 .]
395
SA Y IN G S B A N K CO M M ISSION ERS.
North Avenue Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s.
Par Value.
United States 4s,
Town of Belmont, Mass., 4s, .
Estimated
Market Value.
Amount Invested.
$5,000
5,400
$5,625 00
5,400 00
$5,000 00
5,400 00
$10,400
$11,025 00
$10,400 00
No. o f
Shares.
D etailed Statem ent o f B a n k Stocks.
20
15
5
5
15
Par Value.
Blackstone Nat’l Bank, Boston,
Faneuil Hall Nat’l B’k, Boston,
Nat’l Exchange Bank, Boston,
Third National Bank, Boston,.
First N’l Bank, Marlborough,
Estimated
Market Value.
$2,000
1,500
500
500
1,500
$1,805
1,800
590
435
1,620
$6,000
$6,250 00
Amount Invested.
$2,000
1,500
500
500
1,350
00
00
00
00
00
00
00
00
00
00
$5,850 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4 s,.
Upper Coos R.R. 4s,
. . .
Upper Coos R.R. 4|s,
$5,000
2,000
3.000
5.000
5.000
$20,000
Estimated
Market Value.
$5,000
2,100
3.000
4,750
5.000
Amount Invested.
00
00
00
00
00
$19,850 00
$5,000
2,000
3.000
5.000
5.000
00
00
00
00
00
$20,000 00
Total A m ou nt o f L oa n s , with E ach Specified R ate o f Interest.
Amount.
$34,654 25
5,000 00
57,100 00
Kate.
3 per cent.
4à
“
5
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$112,930 00
145,115 00
1,100 00
Rate.
5i per cent.
6
“
6è
“
Amount.
$100 00
1,000 00
Rate.
7 per cent.
8
396
R E P O R T O F TH E
[Pub. D oc.
Worth Avenue Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, . 115
Aggregate amount of the s a m e , ........................................................................$154,145 00
Total number of loans upon real e s t a t e , ............................................. 114
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
19,984 00
Times for the dividends fixed by the by-laws : January 10 and July 10.
Rate and amount of each semi-annual dividend during the 12 per cent, f
6,172 27
year ending Oct. 31, 1893...........................................................J 2 per cent., I
6,577 41
Number of accounts opened during the year ending Oct. 31, 1893,
. 374
Number of accounts closed during the year ending Oct. 31, 1893,
. 222
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,928
Total expenses of the corporation for the year ending Oct. 31, 1893 (exelusive of ta x e s),............................................
2 051 03
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
115,161 53
Number of s a m e , .................................................................................
2 624
Amount of withdrawals, including dividends, during the year ending Oct.
31> 1893>
.......................................................................................
91,808
Number of s a m e , ................................................................................. .......... 47g
Date of examination by commissioner : April 4.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
33
No. 8.]
397
SAYINGS BANK COMMISSIONERS.
N O R TH BR O O K FIELD S A V IN G S B A N K -N O R T H
BR O O K FIE LD .
Incorporated Feb. 28, 1854.
W
il l ia m
Present number of corporators, 35.
H . M o ntague , President.
C h ar les E. B a t c h e l l e r , Treasurer.
C h ar les E. B a t c h e l l e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W m , H. M ontague ,
G eorge R. H a m a n t ,
L u th e r P. D e L a n d ,
F r a n k A. Sm it h .
Open for business every business day, except Saturdays, 9
Saturdays, from 9 a . m . to 12 m .
B a l a n c e Sh e e t O c t o b e r
to 1 p .m ., 2 to 4
f .m .
;
31, 1893.
L iabilities .
A ssets.
Public funds as per schedule,
Bank stock as per schedule,
Railroad bonds as per schedule,
Loan on railroad stock,
Real estate (for banking pur
poses),
....................................
Real estate by foreclosure, .
Loans on real estate, .
Loans to counties, cities or towns
(notes), ....................................
Deposits in banks, on interest, .
Deposit in bank, not on interest, .
Expense account,
Safe and furniture,
Cash on hand,
.
a .m .
$129,500
1,400
148,000
800
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
$636,957 21
36,575 00
2,703 57
2,973 27
10,000 00
26,131 10
344,206 40
12,000
2,465
2,000
56
2,000
649
00
72
00
79
00
04
$679,209 05
$679,209 05
Cash on Deposit in Banks, amount in each: —
First National Bank, W orcester,........................................................................
Third National Bank, B o s t o n , ........................................................................
Maverick National Bank, Boston,........................................................................
Loan on Railroad Stock: —
On 16 shares Boston & Albany R .R .,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$32 71
2,433 01
2,000 00
[Pub. Doc
REPORT OF THE
398
North Brookfield Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Boston, Mass., 6s,
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s,
of Dayton, Ohio, 5s,.
of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 5s,
of Milwaukee, Wis., 7s, .
of Portsmouth, N. H., 6s,
of Providence, R. I., os, .
of Salem, Mass., 5 s ,.
of South Norwalk, Conn., 6s, .
of Springfield, Ohio, 5s, .
County of Aroostook, Me., 4|s,
State of New Hampshire 6s, .
City of Canton, Ohio, 5 s,.
$13,000
1,000
7,000
3,000
35,000
16,000
5,000
1,000
5,000
7,000
2,000
5,000
11,000
7,000
1,500
10,000
Estimated
Market Value.
$13,600
1,080
7,320
3,135
36,500
17,120
5,025
1,030
5,200
7,600
2,340
5,100
11,320
7,140
1,655
10,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$129,500 $135,665 00
Amount Invested.
$13,000
1,000
7,000
3,000
35,000
16,000
5,000
1,000
5,000
7,000
2,000
5,000
11,000
7,000
1,500
10,000
00
00
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
$129,500 00
* A le g a l in v e s tm e n t w h e n m a d e .
Mo. of
Shares.
D etailed Statem ent o f B a n k Stocks.
4
10
Ware National Bank, Ware, .
Eliot National Bank, Boston, .
Par Value.
Estimated
Market Value.
$400
1,000
$424 00
1,155 00
$400 00
1,000 00
$1,400
$1,579 00
$1,400 00
Amount Invested.
D etailed Statem ent o f R ailroad Bonds.
Boston & Albany R.R. 6s,
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston & Maine R.R. 7s, .
Boston, Winthrop & Shore R.R. 5s, .
Eastern R.R. 6s,
Maine Central R.R. 6s,
Maine Central R.R. 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
$7,000
$7,105 00
$7,000 00
5,000
14,000
5,000
27,000
6,500
18,000
5,400
14,000
5,200
31,590
7,020
22,800
5,000
14,000
5,000
27,000
6,500
18,000
00
00
00
00
00
00
Amount Invested.
00
00
00
00
00
00
No. 8.]
399
SAYINGS BANK COMMISSIONERS.
North. Brookfield Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds — Concluded.
Par Value.
New Bedford R.R. 7s,
Old Colony R.R. 6s,
. . .
Old Colony R.R. 7s,.
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls & Conway
R.R. 4 i s , ..................................
Concord & Montreal R.R. 4s, .
Estimated
Harket Value.
$5,000
8,000
2,000
25,500
$5,000
8,260
2,010
27,540
10,000
15,000
10,400 00
14,700 00
$148,000
00
00
00
00
Amount Invested.
$5,000
8,000
2,000
25,500
00
00
00
00
10,000 00
15,000 00
$161,025 00 $148,000 00
Total A m ou nt o f L oa n s , w ith E a ch Specified R ate o f Interest.
Kate.
Amount.
$2,433 01
32 71
24 per cent.
3
“
Amount.
$12,000 00
344,206 40
Kate.
4 per cent.
5h
“
Amount.
$800 00
Rate.
6 per cent.
Amount invested in real estate for banking purposes, .
.
.
•
• $10,000 00
10,000 00
Estimated value of the same,.................................................................................
8,000 00
Assessed value of the s a m e ,.................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
26,131 10
wise,
....................................................................................................................
34,800 00
Assessed value of the same.....................................................................................
283 17
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 246
242,823 40
Aggregate amount of the same...............................................................................
Total number of loans upon real e s t a t e , ............................................. 269
20,000 00
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during
36,897 56
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: January 1 and July 1.
11,997 24
Rate and amount of each semi-annual dividend during the 1 2 per cent., r
12,511 48
year ending Oct. 31, 1 8 9 3 , ..................................................... 1 2 per cent., {
Number of accounts opened during the year ending Oct. 31, 1893,
. 264
Number of accounts closed during the year ending Oct. 31, 1893,
. 210
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,217
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
1,373 52
clusive of ta xe s),..................................................................................................
Amount of deposits, not including dividends, received during the year end
96,950 37
ing Oct. 31, 1893,..................................................................................................
Number of same...................................................................................... 1,555
Amount of withdrawals, including dividends, during the year ending Oct.
113,205 93
31, 1893....................................................................................................................
Number of same...................................................................................... 1,335
Date of examination by commissioner: May 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
400
REPOET OF THE
[Pub. Doc
NO R TH E A ST O N S A V IN G S B A N K — EA STO N .
Incorporated Feb. 8, 1864.
Present number of corporators, 26.
O ak e s A . A m es , President.
C. R. F ie l d , Treasurer.
C. R . F ie l d , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
O ak es A . A m e s ,
C yr u s L othrop ,
L ea v it t L . B e r e t ,
W . K . Gow ard.
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,
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,
Deposit in bank, not on interest, .
Expense account,
Cash on hand, .
.
.
.
to 12 m . ; 1.30 to 3
p .m
.
31, 1893.
Liabilities .
$108,185
105,909
10,000
71,621
334,280
198,052
00
26
00
67
06
25
6,000
11,162
9,276
100
2,168
00
35
75
00
28
Deposits, .
Guaranty fund,
Profit and loss ac
count, .
$856,755 62
$806,447 28
35,632 87
14,675 47
$856,755 62
Cash on Deposit in Banks, amount in each : —
National Bank of the Commonwealth, Boston...................................................$11,162 35
First National Bank, North E a s t o n , ...............................................................
9,276 75
Loan on Bank Stock
On 36 shares Merchants’ National Bank, New Bedford,
On 75 shares First National Bank, North Easton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
■I $10,000 00
No. 8.]
SAVINGS BANK COMMISSIONERS
401
North Easton Savings Bank — Continued.
D etailed Statem ent o f P u blic F u nd s.
Par Value.
City 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 (Village District), Mass., 4s,.
of Randolph, Mass., 4s,.
of Stoughton, Mass., 4s,
$8,000
6,000
6,000
15,000
10,000
1,000
10,000
$8,000
5,940
6,000
15,000
10,000
965
10,000
80,000
15,000
8,000
80,000 00
15,000 00
8,000 00
$109,000
*
Estimated
Market Value.
00
00
00
00
00
00
00
Amount Invested.
$6,960
6,000
6,000
15,000
10,000
1,000
10,000
00
00*
00*
00
00
00
00
30,225 00
15,000 00
8,000 00
$108,905 00 $108,185 00
Legal investments when made.
Shares.
1No. of
D etailed Statem ent o f B a n k Stocks.
25
25
25
20
25
57
78
50
25
90
25
25
25
25
25
50
38
75
100
66
38
7
Par Value.
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 N’l B’k, 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,
N’l B’k of Redemption, Boston,
Neponset N’l B’k, Canton,
First Nat’l Bank, Easton,
National City Bank, Lynn,
Bristol County National B’k,
Taunton,
.
.
.
.
Taunton Nat’ l Bank, Taunton,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$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
7,500
10,000
6,600
3,800
700
$91,900
Estimated
Market Value.
$2,250
2,350
2,306
1,900
3,931
5,671
7,156
6,300
2,850
9,945
2,925
3,200
2,625
2,156
2,500
5,987
4,769
9,075
14,000
9,240
00
00
25
00
25
50
50
00
00
00
00
00
00
25
00
50
00
00
00
00
5,244 00
875 00
Amount Invested.
$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
4,789
8,100
10,500
9,578
00
00
00
00
00
00
00
00
00
00
13
00
75
63
00
00
00
00
00
25
4,560 00
920 50
$107,257 25 $105,909 26
402
[Pub. Doc
REPORT OF THE
North Easton Savings Bank — Concluded.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,
. . .
Old Colony R.R. 4^s,
Estimated
Market Value.
$31,000
20,000
10,000
5.000
5.000
1.000
$30,752
20,000
9,800
5,400
4,850
1,030
50
00
00
00
00
00
$72,000
$71,832 50
Amount Invested.
$31,000
20,029
9,592
5.000
5.000
1.000
00
45
22
00
00
00
$71,621 67
Total A m ou nt o f L oa n s , with Each Specified Rate o f Interest.
R a te .
A m ou n t.
$500 00
11,162 35
232,580 00
0 per cent.
2h
“
5
“
A m ou n t.
$104,188 46
165,863 85
R a te.
5£ per cent.
6
A m ou n t.
$25,200 00
20,000 00
R a te.
6^ per cent.
7
Number of loans which are of an amount not exceeding $3,000 each, 187
Aggregate amount of the s a m e , ........................................................................ $191,780 06
Total number of loans upon real e s t a t e , ............................................. 212
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
39,851 29
Times for the dividends fixed by the by-laws : April 15 and October 15.
Rate and amount of each semi-annual dividend during the 12 percent., f
15,288 72
year ending Oct. 31, 1 8 9 3 ,...................................................... J 2 percent., 1
15,320 91
Number of accounts opened during the year ending Oct. 31, 1893,
. 290
Number of accounts closed during the year ending Oct. 31, 1893,
. 240
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,254
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes)..........................................................................................................
1,304 16
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
134,980 25
Number of same,
........................................................................1,532
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................
148,876 63
Number of s a m e ,................................................................................. 1,091
Date of examination by commissioner: January 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
403
SAYINGS BANK COMMISSIONERS
N O R TH EN D S A V IN G S B A N K — BOSTON.
Incorporated Feb. 17, 1870.
Present number of corporators, 27.
T homas L. Je n k s , President.
W
m.
C. W
H e r b er t C. W
il l ia m so n ,
Treasurer.
ells,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
T homas L . Je n k s ,
Clin to n Y il e s ,
I n cr ease E. N otes ,
N a t h a n ie l J. R ust ,
W il l ia m R obinson ,
W m . G. S h il l a b e r ,
L. F oster M orse .
Open for business every business day, 9
a .m
. to 2 p . m . ; and Saturday, for deposits only,
until 8
p .m .
Ba l a n c e Sh e e t O ctober
L iabilities .
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), ....................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
31, 1893.
$71,900
140,057
11,450
141,906
6,905
789,198
234,100
00
00
00
25
26
00
00
17,100
200
76,600
2,309
4,047
00
00
00
28
33
$1,495,773 12
Deposits, .
Guaranty fund,
Interest account,
$1,424,572 21
40,650 00
30,550 91
$1,495,773 12
Cash on Deposit in Banks, amount in each: —
Lincoln National Bank, Boston.............................................................................. $30,000 00
Metropolitan National Bank, B o s t o n ,...............................................................
35,000 00
Mechanics’ National Bank, B o s t o n , ...............................................................
1,000 00
National Security Bank, B o s t o n ,.......................................................................
10,600 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Pub. Doc
REPORT OF THE
404
North End Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On
On
On
On
10 shares Windham County National Bank,Brooklyn, Conn.,
.
.
100 shares Methuen National Bank, M e t h u e n , ....................................
10 shares Hamilton National Bank, B o s t o n ,.............................................
30 shares Market National Bank, B o s t o n , .............................................
$500 00
8,000 00
750 00
2,200 00
D etailed Statem ent o f P u blic F u n d s.
Par Value.
Town of Mansfield, Mass., 4 s,.
City of Boston, Mass., 4s,
of Des Moines, Iowa, os, .
of Gardiner, Me., 4s,
of Rockford, 111., 4|s,
Estimated
Market Value.
$10,000
25,000
5.000
2.000
29,900
$10,000
25,000
5.000
2.000
29,900
00
00
00
00
00
$71,900
$71,900 00
Amount Invested.
$10,000
25,000
5.000
2.000
29,900
00
00
00
00
00
$71,900 00
No. of
Shares.
• D etailed Statem ent o f B a n k Stocks.
Atlas National Bank, Boston, .
Boston Nat’l Bank, Boston,
National City Bank, Boston, .
Nat’l B’k of Commerce, Boston,
National Bank of the Commonwealth, Boston, .
85 National Eagle Bank, Boston,
38 Eliot National Bank, Boston, .
20 Everett Nat’l Bank, Boston, .
2 Faneuil Hall N’l Bank, Boston,
20 First National Bank, Boston, .
44 Freeman’s Nat’l B’k, Boston, .
25 Globe National Bank, Boston,.
10 N’l Hide & Leather B’k,Boston,
24 Howard Nat’l Bank, Boston, .
88 Market Nat’l Bank, Boston, .
20 Massachusetts N’l B’k, Boston,
14 Merchants’ Nat’l B’k, Boston, .
75 Metropolitan N ’l B’k, Boston,
11 New England N’l B’k, Boston,
52 North National Bank, Boston, .
2 Old Boston Nat’l Bank, Boston,
4 N’l B’k of Redemption, Boston,
34 Nat’l Revere Bank, Boston,
25 Second National Bank, Boston,
54
24
66
25
110
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$5,400
2,400
6,600
2,500
$6,223
2,232
5,692
2,950
50
00
50
00
$6,287
2,892
7,394
3,111
50
50
62
87
11,000
8,500
3,800
2,000
200
2,000
4,400
2,500
1,000
2,400
8,800
2,000
1,400
7,500
1,100
5,200
200
400
3,400
2,500
13,777
8,075
4,389
1,835
240
4,750
4,664
2,306
1,055
2,376
8,096
1,900
2,047
7,312
1,743
5,668
198
502
3,400
4,525
50
00
00
00
00
00
00
25
00
00
00
00
50
50
50
00
00
00
00
00
15,010
9,577
4,504
2,000
270
3,970
4,411
2,502
1,197
2,775
8,994
2,011
2,040
8,210
1,614
7,030
243
501
4,390
4,005
00
25
37
00
50
00
00
25
50
00
24
25
50
00
25
50
62
00
12
50
405
SAYINGS BANK COMMISSIONERS
No. 8.]
North. End Savings Bank — Continued.
N o. o f
S h ares.
D etailed Statem ent o f B ank Stocks — Concluded.
37
46
10
18
100
26
6
3
50
10
E s tim a te d
P a r V a lu e .
Shawmut Nat’l B’k, Boston, .
Shoe & Leather N’l B’k, Boston,
State National Bank, Boston, .
Suffolk 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,
State Street Safe Deposit and
Trust Company, Boston,
$3,700
4,600
1,000
1,800
10,000
2,600
600
300
5,000
$4,144
4,140
1,032
1,665
8,700
2,444
778
274
5,012
00
00
50
00
00
00
50
50
50
$4,517
5,805
1,237
2,137
10,121
3,360
847
317
5,767
50
00
50
25
99
25
50
25
42
1,000 00
1,040 00
1,000
$117,800
A m ou n t In v ested .
M a r k e t V a lu e .
$125,189 25 $140,057 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
$10,000
12,000
25.000
21.000
20,000
30.000
25.000
Boston & Maine R.R. 7s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
Penobscot Shore Line R.R. 4s,
Upper Coos R.R. 4s,
. . .
Estimated
Market Value.
$10,000
12,000
25.000
21.000
20,000
30,000
25,000
00
00
00
00
00
00
00
$143,000 $143,000 00
Amount Invested.
$10,000
12,000
24,156
21,000
20,000
30,000
24,750
00
00
25
00
00
00
00
$141,906 25
Total A m ou nt o f L oa n s , with E ach Specified Rate o f Interest.
Amount.
■
$76,600
1,500
12,500
7,000
K ate.
00
00
00
00
3
per cent.
Q 9
“ 10
%
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
“
“
Amount.
$606,050
22,000
149,850
241,398
R a te.
00
00
00
00
5 per cent.
5|
5h
“
6
“
R a te.
A m ou n t.
$5,500 00
750 00
5,500 00
7 per cent.
7 tt t
“
8
«
406
REPORT OF THE
[Pub. Doc.
North. End Savings Bank — Concluded.
Value, by books, of real estate held or owned by foreclosure or otherwise,
$6,905 26
Assessed value of the s a m e ,.................................................................................
8,050 00
Number of loans which are of an amount not exceeding $3,000 each, 224
Aggregate amount of the s a m e , ........................................................................
338,848 00
Total number of loans upon real e s t a t e , ............................................. 272
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
72,147 26
Times for the dividends fixed by the by-laws: January 1 and July 1.
Rate and amount of eachsemi-annual dividend during the ] 2per cent., f
25,660 19
26,692 30
year ending Oct. 31, 1 8 9 3 , ............................................. J 2per cent., \
Number of accounts opened during the year ending Oct. 31, 1893,
. 834
Number of accounts closed during the year ending Oct. 31, 1893,
. 683
Total number of open accounts Oct. 31, 1893,
.
.
.
.
4,471
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of t a x e s ) , ...................................................................................................7,219 53
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
529,928 07
Number of same...................................................................................... 4,967
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893.....................................................................................................................
542,722 35
Number of s a m e , .................................................................................4,056
Date of examination by commissioner: January 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
407
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.
Prebent number of corporators, 25.
B e n j . H. H a r t w e l l , President.
S a r a h T. T ttten, Treasurer.
D a n ie l W . F l e t ch e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
B en j . H. H a r t w e l l ,
L. J. S p a u l d in g ,
E d w in L . W h it e ,
O l iv e r K . P ie r c e ,
P eter T a r b e l l .
Open for business every business day, 9 to 11
B
a l a n c e
S
h e e t
O
c t o b e r
.m .
; 12.30 to 3
p
.m .
31, 1893.
L iabilities .
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,
Local t a x , ....................................
Premium account,
Suspense account,
Cash on hand, .
.
.
.
a
$1,000
18,729
775
31,000
193,827
57,670
00
75
00
00
40
84
12,400
5,000
870
269
3
1,037
1,500
2,278
00
00
06
30
04
50
00
23
$326,361 12
Deposits, .
Guaranty fund,
Interest account,
Undivided earnings,.
Uncompleted loans, .
$312,504
3,800
2,716
4,039
3,300
50
00
95
67
00
$326,361 12
Cash on Deposit in Bank: —
First National Bank, A y e r , ................................................................................. $5,870 06
Loans on Bank Stock, amount on each : —
On 5 shares First National Bank, A y e r , ......................................................$400 00
On 11 shares Newbury National Bank, Wells River, V t., .
.
.
.
375 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
408
REPORT OF THE
[Pub. Doc.
North Middlesex Savings Bank — Continued.
D etailed Statem ent o f P ublic F u nd s.
Par Value.
City of Boston, Mass., 6s,
$ 1 ,0 0 0
Estimated
Market Value.
$ 1 ,0 0 0 0 0
Amount Invested.
$ 1 ,0 0 0 0 0
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
Par Value.
30 First National Bank, Ayer,
10 Blackstone N’l Bank, Boston,.
15 Continental Nat’l B’k, Boston,
10 Commercial Nat’l B’k, Boston,
10 Eliot National Bank, Boston, .
15 Howard Nat’l Bank, Boston, .
20 N’l Hide & Leather B’k, Boston,
5 People’s Nat’l Bank, Boston, .
10 State National Bank, Boston, .
7 N ’1B’k of No. America, Boston,
20 Prescott Nat’l Bank, Lowell, .
$3,000
1,000
1,500
1,000
1,000
1,500
2,000
500
1,000
700
2,000
$15,200
Estimated
Market Value.
$3,150
900
1,710
900
1,180
1,500
2,200
800
1,050
728
3,000
00
00
00
00
00
00
00
00
00
00
00
$17,118 00
Amount Invested.
$3,147
1,130
1,911
970
1,355
1,680
2,540
840
1,262
883
3,010
25
00
25
00
00
00
00
00
50
75
00
$18,729 75
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Fitchburg R.R. 4is, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 7s, .
Old Colony R.R. 7s,.
$5,000
3.000
13,000
5.000
5.000
$31,000
Estimated
Market Value.
$5,000
3,052
13,580
5,062
5,050
00
50
00
50
00
$31,745 00
Amount Invested.
$5,000
3.000
13,000
5.000
5.000
00
00
00
00
00
$31,000 00
Total A m ou n t o f L oa n s , with E ach Specified Rate o f Interest.
Amount.
$5,000 00
5,000 00
1,400 00
Rate.
2 per cent.
4
“
4é
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$76,525 00
27,960 00
Rate.
Amount.
Rate.
5 per cent.
5i
“
$151,188 24
2,600 00
6 per cent.
7
No. 8.]
SAYINGS BANK COMMISSIONED.
409
North Middlesex Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, 175
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. I56
Gross amount of interest or profits received or earned, as per books, during
$189,823 24
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : January 5 and July 5.
Rate and amount of each semi-annual dividend during the j 2 per cent., j
year ending Oct. 31, 1 8 9 3 , ......................................................' 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 466
Number of accounts closed during the year ending Oct. 31, 1893,
. 255
Total number of open accounts Oct. 31,1893,
.
.
.
.
1,602
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
14,040 42
sive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year end
1,011 34
ing Oct. 31, 1 8 9 3 , ..........................................................................................
Number of s a m e , ..........................................................................................1,854
Amount of withdrawals, including dividends, during the year ending Oct.
143,913 94
31, 1 8 9 3 , ...........................................................................................................
Number of same........................................................................................... 992
Date of examination by commissioner: February 17.
85,149 93
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
4,376 88
5,213 15
410
REPOET OF THE
[Pub. Doc.
O R AN G E S A V IN G S B A N K -O R A N G E .
Incorporated March 30, 1871.
Joh n W . W
Present number of corporators, 24.
President.
W a r r e n M. K in g , Treasurer.
W a r r e n M. K in g , Clerk o f the Corporation.
h eeler,
Names of committee charged with the investment of its funds:
F. L. W
a te r s ,
c
W . M. K
in g
. A. Tow ne,
.
Open for business every business day, 9
B
a l a n c e
S
h e e t
O
c t o b e r
a .m .
31, 1893.
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,
Cash on hand, .
.
.
.
to 4 p . m . :
L iabilities .
$33,000 00
37,900 00
1,000 00
28,000 00
569,105 50
56,450 00
32,975
42,718
457
321
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$760,707 92
20,000 00
1,401 19
19,819 01
00
51
76
35
$801,928 12
$801,928 12
Cash on Deposit in Banks, amount in each : —
Orange National Bank, O r a n g e ,.............................................
Merchants’ National Bank, Boston.............................................
.
$33,075 00
9,643 51
Loans on Bank Stock, amount on each : —
On 4 shares Orange National Bank, Orange,
On 12 shares Orange National Bank, Orange,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200 00
800 00
No. 8.]
SAYINGS BANK COMMISSIONERS.
411
Orange Savings B a n k — Continued.
D etailed ¡Statement o f P u blic F u n d s.
Par Value.
City of Gardiner, Me., 4s,
of Manchester, N. H., 4s,.
Town of Orange, Mass , 4s,
$6,000
15.000
12.000
$38,000
Estimated
Market Value.
Amount Invested.
$6,000 00
15.000 00
12.000 00
$6,000 00
15.000 00
12.000 00
$33,000 00 | $33,000 00
i
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
15
5
3
65*
4
20
20
5
11
25
10
30
10
33
100
10
10
3
Par Value.
Atlas National Bank, Boston,.
Boylston Nat’l Bank, Boston, .
Central Nat’l Bank, Boston, .
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston,
First Ward Nat’l B’k, Boston,
Manufacturers’ N’l B’k, Boston,
N ’1Hide & Leather B’k, Boston,
N’l B’k of No. America, Boston,
Nat’l Webster Bank, Boston, .
North National Bank, Boston,.
Tremont Nat’l Bank, Boston, .
First National Bank, Chelsea,
Franklin Co. N’l B’k, Greenfield,
Orange Nat’l Bank, Orange, .
First'Nat’l Bank, Springfield,.
Third Nat’l Bank, Springfield,
Union Market National Bank,
Watertown, .
.
.
.
$1,500
500
300
6,500
400
2,000
2,000
500
1,100
2,500
1,000
8,000
1,000
3,300
10,000
1,000
1,000
Estimated
Market Value.
$1,800
625
450
7,800
360
2,540
2,000
600
1,210
2,300
1,100
2,850
1,100
3,630
15,000
1,300
1,800
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$1,500
500
300
6,500
400
2,000
2,000
500
1,100
2,500
1,000
3,000
1,000
3,300
10,000
1,000
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
300
360 00
300 00
$37,900
$46,825 00
$37,900 00
D etailed Statem ent o f ¡Railroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Fitchburg R.R. 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$10,000
18,000
$10,200 00
18,720 00
$10,000 00
18,000 00
$28,000
$28,920 00
$28,000 00
412
REPORT OF THE
[Pub. Doc.
Orange Savings Bank — Concluded.
Total A m ou n t o f L oa n s , w ith E a ch Specified R ate o f Interest.
Amount.
$33,075 00
9,643 51
20,975 00
Bate.
Amount.
Kate.
2 per cent.
2é
“
4
“
$540,038 50
10,000 00
33,025 00
5 per cent.
5i
5£
»
Amount.
$50,492 00
5,000 00
Kate.
6 per cent.
64
Number of loans which are of an amount not exceeding $3,000 each, . 286
Aggregate amount of the s a m e , ........................................................................ $278,259 10
Total number of loans upon real e s t a t e , ............................................. 283
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
38,849 83
Times for the dividends fixed by the by-laws: February 1 and August 1.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
14,080 15
year ending Oct. 31, 1 8 9 3 ,...................................................... 12 per cent., 1
14,555 26
Number of accounts opened during the year ending Oct. 31, 1893,
. 505
Number of accounts closed during the year ending Oct. 31, 1893,
. 416
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,133
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of ta xe s),..................................................................................................
2,452 35
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893...............................................................................................
Number of same...................................................................................... 2,533
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ...................................................................................................
Number of same....................................................................................... 2 184
Date of examination by commissioner: March 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
165,707 58
175,005 06
No. 8.]
413
SAVINGS BANK COMMISSIONERS.
P A L M E R S A V IN G S B A N K — P A LM E R .
Incorporated March 4, 1870.
Present number of corporators, 54.
Jam bs B. S h a w , President.
'
H. W . M cG r e g o r y , Treasurer.
W m . W . L e a c h , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
E nos Ca l k in s ,
Jam e s B. S h a w ,
T. D . P otter ,
H e n r y G. L oomis ,
G eorge M ooers ,
C. E. G e t c h e l l ,
E. G. H astin g s .
Open for business every business day, 9
B
a l a n c e
S
h e e t
O
a .m .
c t o b e r
to 12
p .m .
L iabilities .
$85,000
39,500
4,688
75,000
00
00
00
00
17,000
2,628
564,600
125,085
00
32
11
20
23,300
635
25,976
814
2,052
00
00
99
13
45
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$966,280 20
Cash on Deposit in Banks, amount in each : —
Palmer National Bank, P a l m e r ,.............................................
City National Bank, Springfield..................................................
Second National Bank, S p r in g f ie ld ,....................................
Springfield Safe Deposit and Trust Company, Springfield, .
Loans on Bank Stock, amount on each : —
On 43 shares Palmer National Bank, Palmer,
On o shares Chapin National Bank, Springfield, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
; 1 to 4
31, 1893.
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, .
.
.
.
m.
$919,512 43
34,000 00
5,119 47
7,648 30
$966,280 20
$
6,000 00
11,071 22
5,000 00
3,905 77
$4,288 00
400 00
414
REPOET OF THE
[Pub. Doc,
Palmer Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of
of
of
of
of
of
of
Boston, Mass., 4s,
Bridgeport, Conn., 3^s,
Lynn, Mass., 3is,
Malden, Mass., 4s,
Providence, R. I., 4s, .
Canton, Ohio, 5 s,.
Worcester, Mass., 4s, .
Estimated
Market Value.
$20,000
10,000
10,000
10,000
15.000
5,000
15.000
$20,500
9.500
9.500
10,100
15.375
5,070
15.375
$85,000
$85,420 00
00
00
00
00
00
00
00
Amount Invested.
$20,000
10,000
10,000
10,000
15.000
5,000
15.000
00
00
00
00
00
00
00
$85,000 00
Ko. of
Shares.
D etailed Statem ent o f B a n k Stocks.
23
50
10
25
20
10
33
116
51
50
7
Par Value.
N’l B’k of Commerce, Boston,
Eliot National Bank, Boston, .
N’l B’k of No. America, Boston,
State National Bank, Boston, .
Suffolk National Bank, Boston,
Brockton N’l Bank, Brockton,
Monson Nat’l Bank, Monson, .
Palmer National B’k, Palmer,
Agawam N’l B’k, Springfield,
Chapin JN’l Bank, Springfield,
Ware National Bank, Ware, .
$2,300
5,000
1,000
2,500
2,000
1,000
3,300
11,600
5,100
5,000
700
$39,500
Estimated
Market Value.
$2,714
5,850
1,052
2,575
2,000
1,120
4,950
17,400
5,100
7,000
770
00
00
00
00
00
00
00
00
00
00
00
$50,531 00
Amount Invested.
$2,300
5,000
1,000
2,500
2,000
1,000
3,300
11,600
5,100
5,000
700
00
00
00
00
00
00
00
00
00
00
00
$39,500 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Upper Coos R.R. 4is,
-
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$20,000
10,000
10,000
20,000
10,000
5,000
$20,000
10,000
11,700
20,000
10,525
5,200
$75,000
$77,425 00
00
00
00
00
00
00
Amount Invested.
$20,000
10,000
10,000
20,000
10,000
5,000
00
00
00
00
00
00
$75,000 00
No. 8.]
415
SAYINGS BANK COMMISSIONERS
Palmer Savings Bank — Concluded.
Total A m ou n t o f L oan s, with E ach Specified Bate o f Interest.
Kate.
Amount.
Rate.
Amount.
Rate.
2 per cent.
$333,787 54
63,697 33
5 per cent.
5¡2
$306,873 44
450 00
6 per cent.
6£
“
Amount.
$2,000 00
14,976 99
22,500 00
4
4h
“
“
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the s a m e ,................................................................................
Value, by books, of other real estate held or owned by foreclosure or other
wise,
....................................................................................................................
Assessed value of the same...................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 358
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 330
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend during the \ 2 per cent., f
year ending Oct. 31, 1 8 9 3 , .................................... .........
J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 475
Number of accounts closed during the year ending Oct. 31, 1893,
. 601
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,779
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
...................................................... ........
sive of taxes),
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893,...................................................................................................
Number of same...................................................................................... 2,050
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893,
.
...............................................................
Number of s a m e ,................................................................................. 1,942
Date of examination by commissioner: May 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$17,000 00
17,000 00
10,400 00
2,628 32
2,400 00
379,236 25
50,750 97
18,459 28
18,417 55
2,479 06
186,109 85
256,742 29
416
REPOET OF THE
[Pub. Doc,
P E N T U C K E T S A V IN G S B A N K — H A V E R H IL L .
Incorporated March 17, 1891.
Present number of corporators, 20.
G eo . H . C arleton , President.
C h a s . S. T itcom b , Treasurer.
C h a s . S. T itco m b , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
G eo . H . C ar let o n ,
J. W . V it t u m ,
John A . G a l e ,
Ol iv e r T a y l o r ,
W . M. N ich o l s .
Open for business every business day, except Saturdays, 9 a . m . to 12.30 p . m . ; 2 to
3.30 p . m . ; Saturdays, 9 a . m . to 12.30 p . 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,
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,
Premium account,
Furniture and fixtures,
31, 1893.
L iab ilit ie s .
$3,000
6,000
3.000
4.000
5,925
72,253
22,000
10,230
2,806
78
473
191
00
00
00
00
00
43
00
65
23
00
71
50
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$129,958 52
$128,658 70
421 00
764 59
114 23
$129,958 52
Cash on Deposit in Banks, amount in each : —
Second National Bank, H a v e r h i l l , ............................................................... $2,806 23
Beacon Trust Company, B o s to n ,........................................................................
10,230 65*
Loan on Public Funds : —
On $6,000 City of Providence, R . I., 4 s , ...................................................... j
On $500 City of Chicago, 111., 4 s , ........................................................................J $6,000 00
Loans on Bank Stock, amount on each : —
On 15 shares Amesbury National Bank, A m e s b u r y ,.................................... $1,500 00
On 25 shares Second National Bank, Haverhill..................................................
2,500 00
* This amount has been reduced within the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
SAYINGS BANK COMMISSIONERS.
417
Pentueket Savings Bank — Continued.
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Akron, Ohio, os, .
of Sioux City, Iowa, 6s, .
of Taunton, Mass., 4s,
Estimated
Market Value.
Amount Invested.
11,500
500
1,000
$1,510 00
535 00
1,000 00
$1,500 00
500 00
1,000 00
$3,000
$3,045 00
$3,000 00
' Ko. of
Shares.
D etailed Statem ent o f B a n k Stocks.
10
10
10
Par Value.
Everett Nat’l Bank, Boston, .
State National Bank, Boston, .
First National Bank, Chelsea,.
Estimated
Market Value.
Amount Invested.
$1,000
1,000
1,000
$920 00
1,070 00
1,100 00
$1,000 00
1,000 oo
1,000 00
$3,000
$3,090 00
$3,000 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Fitchburg R.R. 5s, .
Upper Coos R.R. 4s,
.
Boston & Maine R.R. 7s, .
.
.
Estimated
Market Value.
Amount Invested.
$2,000
3.000
1.000
$2,200 00
2,970 00
1,000 00
$2,000 00
2,925 00
1,000 00
$6,000
$6,170 00
$5,925 00
Total A m ou nt o f L oa n s , with E ach Specified R ate o f In terest.
Amount.
$10,230 65
63,650 00
Rate.
4 per cent.
5
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$10,400 00
25,203 43
Rate.
5£ per cent.
6
Amount.
$5,000 00
Rate.
7 per cent.
]
REPOET OF THE
418
[Pub. Doc.
Pentueket Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, . 41
Aggregate amount of the s a m e , ........................................................................$60,753 43
Total number of loans upon real e s t a t e , ............................................. 43
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 3 1 ,1 8 9 3 ,.................................................................................
5,365
Times for the dividends fixed by the by-laws: first Wednesday in February
and August.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
1,571
year ending Oct. 31, 1 8 9 3 ,......................................................12 per cent., 1
2,103
Number of accounts opened during the year ending Oct. 31, 1893,
309
Number of accounts closed during the year ending Oct. 31, 1893,
188
Total number of open accounts Oct. 31, 1 8 9 3 , .................................... 466
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ...................................................................................................
293
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 , ..........................................................................................
79,860
Number of s a m e , .......................................................................................... 995
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1893............................................................................................................
44,012
Number of s a m e , .......................................................................................... 693
Date of examination by commissioner: May 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
44
38
57
38
33
88
#
No. 8.]
SAYINGS BANK COMMISSIONERS.
419
P E O P LE’ S S A V IN G S B A N K -H O L Y O K E .
Incorporated March 19, 1885.
W
il l ia m
Present number of corporators, 49.
S k in n e r , President.
F. H. C h a m b e r l in , Treasurer.
A . L . G r e e n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds:
W
il l ia m
E.
Jam es H. N eavton,
John T il l e y ,
F. F. Pa r t r id g e .
S k in n e r ,
P. C l a r k ,
Open for business every business day, 9
a .m
. to 4 p .m . ; also Saturday, 7 to 8 p m .
B alan ce Sh eet October
31, 1893.
A ssets .
Bank stock as per schedule,
Loans on bank stock,
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Furniture and fixtures,
Cash on hand, .
.
.
.
L ia b ilit ie s .
$5,000
12,140
280,534
98,428
5,276
900
546
00
00
00
50
59
00
29
Deposits, .
Guaranty fund,
Interest account,
$402,825 38
$388,474 24
8,972 76
5,378 38
$402,825 38
Cash on Deposit in Bank: —
Home National Bank, H o ly o k e ,....................................
$5,276 59
Loans on Bank Stock, amount on each: —
On 10 shares Home National Bank, Holyoke,
On 11 shares Home National Bank, Holyoke,
On 20 shares Quinsigamond National Bank, Worcester,
On 10 shares First National Bank, Springfield, .
On 3 shares Agawam National Bank, Springfield,
On 5 shares Holyoke National Bank, Holyoke, .
On 77 shares Franklin County National Bank, Greenfield,
On 24 shares Franklin County National Bank, Greenfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$900 00
800 00
840 00
!
300 00
500 00
6,800 00
2,000 00
[Pub. Doc
REPORT OF THE
420
People’ s Savings Bank, Holyoke — Concluded.
D etailed Statem ent o f B a n k Stocks.
Ol
£m
50
Par Value.
Home Nat’l Bank, Holyoke,
.
$5,000
Estimated
Market Value.
$5,850 00
Amount Invested.
$5,000 00
Total A m ou n t o f L oa n s , w ith E ach Specified B ate o f Interest.
Amount.
$5,276 59
342,307 50
Rate.
4 per cent.
5
Amount.
$48,195 00
Rate.
5J per cent.
Amount.
$600 00
Rate.
6 per cent.
Number of loans which are of an amount not exceeding $3,000 each,. 88
Aggregate amount of the s a m e , ........................................................................ $139,191 00
Total number of loans upon real e s t a t e , ............................................. 93
Gross amount of interest or profits received or earned, as per books, during
19,595 90
year ending Oct. 31, 1 8 9 3 ,.................................................................................
Times for the dividends fixed by the by-laws: May 1 and November 1.
6,800 89
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
7,196 82
year ending Oct. 31, 1 8 9 3 ,............................................. >2 per cent., 1
Number of accounts opened during the year ending Oct.31, 1893,
. 356
Number of accounts closed during the year ending Oct. 31, 1893,
. 318
Total number of open accounts Oct. 31, 1893,
.
.
.
.
1,184
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
1,772 70
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year
136,458 73
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same............................................................................... 2,245
Amount of withdrawals, including dividends, during the year ending
141,050 54
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of s a m e , ......................................................................... 1,392
Date of examination by commissioner: April 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No. 8.]
421
SAYINGS BANK COMMISSIONERS
P E O P LE’S S A V IN G S B A N K — W O R C E ST E R .
Incorporated May 13, 1864.
Present number of corporators, 204.
S a m u el R. H e y w o o d , President.
C h ar les M . B ent , Treasurer.
F r e d e r ic k J. B a r n a r d , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Sa m u e l R . H e y w o o d ,
W a r r e n W il l ia m s ,
A ugustus N. C u r r ie r ,
Ca l y in F oster ,
T homas M . R ogers ,
S a m u el D. N y e ,
E d w in T . M a r b l e .
Open for business every business day, 9
a .m.
to 4
p .m .
B a l a n c e S h eet O ctober
31, 1893.
L iabilities .
A ssets.
Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock,.
Railroad bonds as per schedule,
Loans on railroad stock,
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, .
Deposit in bank, not on interest,
Expense account,
Rent account,
.
.
.
.
Cash on hand.................................
; also Saturdays, 6 to 8 p .m .
$694,349
854,375
55,135
821,183
26,200
00
00
00
00
00
87,500
15,162
3,406,276
611,591
00
71
81
63
30,350
1,190
151,009
5,000
3,245
263
7,446
00
00
58
00
82
52
19
$6,770,278 26
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
Suspense account, .
$6,474,003 06
209,048 26
83,489 12
2,927 42
810 40
$6,770,278 26
Cash on Deposit in Banks, amount in each: —
National Bank of the Republic, Boston............................................................... $59,255 95
Central National Bank, W o r c e s t e r , ...............................................................
91.753 63
Citizens’ National Bank, W o r c e s t e r ,................................................................
5,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
422
REPORT OF THE
[Pub. Doc
People’s Savings Bank, W orcester — Continued.
Loans on Bank Stock, amount on each : —
On 5 shares Chicopee National Bank, S p r i n g f i e l d ,.................................... 1
On 5 shares Hadley Falls National Bank, H o ly o k e ,.................................... >
On 10 shares Crocker National Bank, Turner’s F alls,.................................... J
On 7 shares First National Bank, Northampton,.............................................
On 11 shares Hadley Falls National Bank, H oly ok e,....................................
On 10 shares Crocker National Bank, Turner’s F a lls,....................................
On 5 shares Chicopee National Bank, S p r i n g f i e l d ,....................................
On 20 shares Central National Bank, Boston......................................................
On 400 shares First National Bank, W o rc e s te r ,.............................................
On 40 shares First National Bank, W e s t b o r o u g h ,....................................
On 21 shares Boston National Bank, B o s t o n , ............................................. I
On 34 shares Haverhill National Bank, H a v e r h i l l ,.................................... j
On 10 shares Shawmut National Bank, B o s to n ,............................................. 1
On 5 shares National Revere Bank, B o s t o n , ............................................. J
$ 1,000 00
650 00
1,000 00
585 00
500 00
2,000 00
40,000 00
3,000 00
5 000 00
’
^^
’
Loans on Railroad Stock, amount on each : —
On 10 shares Boston & Maine R . R . , ............................................................... $1,200 00
On 250 shares Boston & Maine R . R . , ...............................................................
25,000 00
D etailed Statem ent o f Public Funds.
Town of Attleborough, Mass., 4s,
of Beverly, Mass., 4s,
of Dalton, Mass. (Fire District), 4s,
of Holbrook, Mass., 4s,
of Westborough, Mass., 5s,
City of Boston, Mass , 4s,
of Cleveland, Ohio, 6s,
of Columbus, Ohio, 4s,
of Dayton, Ohio, 6s,
of Keene, N. H., 4s,
of Lynn, Mass., 4s,
of Milwaukee, Wis., 4s,
of Nashua, N. H., 4s, .
of Norwich, Conn., 5s, .
of Peoria, 111., 4s, .
of Providence, R. I., 5s,
of Scranton, Pa., 5s,
of Scranton, Pa., 6s,
of Springfield, Ohio, 5s,
of Springfield, Ohio, 6s,
of Worcester, Mass., 4s,
of Worcester, Mass., 5s,
of Holyoke, Mass., 4s, .
of Waltham, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$13,000 00
10,000 00
$13,000 00
10,000 00
$13,000 00
10,000 00
20,000
30,000
2,000
100,000
16,000
35,000
21,000
10,000
26,000
81,000
10,000
19,000
12,000
9,000
5,000
6,000
6,000
10,332
200,000
2,000
25,000
13,000
20,350
30,450
2,220
101,375
16,632
33,950
22,887
10,000
26,390
81,000
10,000
21,562
11,700
9,652
5,287
6,300
6,282
10,513
204,750
2,070
25,375
13,195
20,325
30,420
2,000
101,300
16,500
35,000
22,687
10,000
26,630
81,000
10,000
21,408
12,000
9,615
5,000
6,000
6,282
10,432
204,470
2,000
25,280
13,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
80
00
00
00
00
$681,332 80
00
00
00
00
50
00
50
00
00
00
00
50
00
50
50
00
50
62
00
00
00
00
$694,943 62
Legal investments when made.
00
00
00
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$694,349 00
No. 8.]
423
SAYINGS BANK COMMISSIONERS
People’s Savings Bank, W orcester — Continued.
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
105 Atlas National Bank, Boston, .
128 Atlantic Nat’l Bank, Boston, .
159 Blackstone Nat’l B’k, Boston, .
125 Boston Nat’l Bank, Boston,
109 N’l B’k of Commerce, Boston,
201 Columbian Nat’l Bank, Boston,
50 Continental N’l Bank, Boston,
130 National Eagle Bank, Boston,
216 Eliot National Bank, Boston, .
44 Everett Nat’l Bank, Boston, .
239 National City Bank, Boston, .
162 Nat’l Exchange Bank, Boston,
238 Freeman’s Nat’l Bank, Boston,
217 Globe National Bank, Boston,.
151 Hamilton Nat’l Bank, Boston,
311 N’l Hide & Leather B’k,Boston,
149 Manufacturers’ National Bank,
Boston,..................................
237 Market National Bank,Boston,
110 Merchants’ Nat’l Bank, Boston,
10 Mechanics’ N’ l Bank, Boston,.
141 N’l B’k of No. America, Boston,
65 New England N’l B’k, Boston,
205 Old Boston N’l Bank, Boston,
149 N’l B’k of Redemption, Boston,
401 N'l B’k of the Republic, Boston,
78 National Revere B’k, Boston, .
56 Second National Bank, Boston,
59 Shawmut Nat’l Bank, Boston,
301 Shoe & Leather N’l B’k, Boston,
68 State National Bank, Boston, .
200 Suffolk Nat’l Bank, Boston, .
193 Tremont Nat’l Bank, Boston, .
91 National Union Bank, Boston, .
145 Washington Nat’l B’k, Boston,
70 Nat’l Webster Bank, Boston, .
31 Faneuil Hall Nat’l B’k. Boston,
115 Nat’l Bank of the Commonwealth, Boston, .
53 Boylston Nat’l Bank, Boston, .
69 North National Bank, Boston,
243 Central N’l Bank, Worcester,
111 Citizens’ N’l Bank, Worcester,
260 City Nat’l Bank, Worcester, .
182 Mechanics’ N’l B’k, Worcester,
300 Quinsigamond National Bank,
Worcester, .
524 Worcester N’l B’k, Worcester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$10,500
12,800
15,900
12,500
10,900
20,100
5,000
13,000
21,600
4,400
23,900
16,200
23,800
21,700
15,100
31,100
$12,101
15,424
14,349
11,625
12,862
20,100
5,737
12,350
24,948
4,037
20,613
19,116
25,228
20,018
17,214
32,810
25
00
75
00
00
00
50
00
00
00
75
00
00
25
00
50
$12,100
17,006
15,900
14,366
12,965
22,817
5,812
13,000
26,766
4,400
23,900
20,217
25,400
21,700
18,129
37,432
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
14,900
23,700
11,000
1,000
14,100
6,500
20,500
14,900
40,100
7,800
5,600
5,900
30,100
6,800
20,000
19,300
9,100
14,500
7,000
3,100
14,900
21,804
16,087
1,250
14,840
10,302
20,295
18,699
59,147
7,800
10,136
6,608
27,090
7,021
18,400
18,286
11,807
14,536
6,440
3,720
00
00
50
00
25
50
00
50
50
00
00
00
00
00
00
75
25
25
00
00
14,900
23,700
14,943
1,250
15,840
9,586
23,935
19,419
56,084
8,140
8,600
7,075
30,100
8,050
21,853
20,500
12,387
17,305
7,000
4,150
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
11,500
5,300
6,900
24,300
11,100
26,000
18,200
14,403
6,525
7,521
35,245
14,430
36,400
18,200
75
00
00
00
00
00
00
15,450
6,625
9,000
34,620
13,629
32,500
21,720
00
00
00
00
00
00
00
30,000
52,400
37,500 00
75,980 00
35,984 00
68,120 00
$720,100 $823,911 25 $854,375 00
424
REPORT OF THE
[Pub. Doc,
People’s Savings Bank, W orcester — Continued.
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Albany R.R. 5s,
Boston & Albany R.R. 6s,
Boston, Barre & Gardner R.R. 6s, .
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
.
.
.
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4|s,
Boston & Lowell R.R. 6s,
Boston & Lowell R.R. 7s,
Boston & Maine R.R. 7s, .
Cheshire R.R. 6s,
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
Fitchburg R.R. 7s, .
Leeds & Farmington R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 7s,
Nashua & Rochester R.R. 5s, .
New Bedford R.R. 7s,
N. Y., Providence & Boston R.R. 7s,
Old Colony R.R. 4s,.
Old Colony R.R. 6s............................
Old Colony R.R. 7s,
Portland & Kennebec R.R 6s,
Portland & Ogdensburg R.R. 6s,
Providence & Worcester R.R. 6s,
Vermont & Massachusetts R.R. 5 s ,.
Vermont Valley R.R. 5s,
Worcester & Nashua R.R. 5s, .
Woi'cester, Nashua & Roch. R.R. 4s,
|150,000
35,000
2,000
20,000
4,000
25,000
27,000
1,000
53,000
29,500
23,000
25,000
25,000
40,000
10,000
27,100
4,000
24,700
27,000
10,000
12,000
70,000
6,000
10,000
24,000
5,000
11,000
50,000
10,000
2,000
20,000
$782,300
Estimated
Market Value.
Amount Invested.
$160,875 00 $162,840 00
35,875 00
35,630 00
2,085 00
2,000 00
23,200
4,000
26,000
28,080
1,000
53,265
30,942
27,485
25,000
25,312
42,337
10,125
28,319
4,235
27,725
27,000
10,125
14,310
70,000
6,375
10,100
24,660
5,562
11,797
53,875
11,200
2,000
20,000
00
00
00
00
00
00
50
00
00
50
50
00
50
00
75
00
00
00
00
00
00
00
50
50
00
00
00
00
$822,867 75
22,288
4,000
25,994
28,711
1,000
53,000
30,700
27,078
23,500
25,000
42,854
10,000
28,972
4,225
27,717
27,000
10,000
13,580
70,000
6,350
10,000
24,693
5,466
11,655
53,792
11,138
2,000
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
00
00
00
00
$821,183 00
Total A m ou n t o f L o a n s , w ith E ach Specified R ate o f In terest.
Amount.
$59,2-55
86,753
5.000
5.000
95
63
00
00
Rate.
2^ per cent.
3
“
4
“
4*
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$40,200
98,000
3,600,858
226,650
Rate.
00
00
44
00
4i per cent.
4|
“
5
“
5i
“
Amount.
$61,500
96,635
1,600
300
Rate.
00
00
00
00
5J per cent.
6
6i
“
7
No. 8.]
SAVINGS BANK COMMISSIONERS.
425
People’s Savings Bank, W orcester — Concluded.
$87,500 00
Amount invested in real estate for banking purposes,....................................
95,000 00
Estimated value of the s a m e , ........................................................................
69,800 00
Assessed value of the s a m e ,.................................................................................
1,928 67
Net income received from same during year ending Oct. 31, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
15,162 71
wise, .....................................................................................................................
8,200 00
Assessed value of the s a m e ,.................................................................................
190 00
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 1,064
Aggregate amount of the s a m e , ........................................................................ 1,447,210 15
Total number of loans upon real e s t a t e , .................................... 1,345
6,418 63
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur
311,571 71
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws : February 15 and August 15.
119,842 14
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 3 1 ,1 8 9 3 ,.............................................i 2 per cent., 1
122,271 49
Number of accounts opened during the year ending Oct. 31, 1893,
2,190
Number of accounts closed during the year ending Oct. 31, 1893,
2,115
Total number of open accounts Oct. 31, 1893,
.
.
.
.
14,879
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes),
..........................................................................................
14,417 03
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1893............................................................................................... 1,006,045 10
Number of s a m e , .................................................................................13,843
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ............................................................................................................ 1,052,535 64
Number of s a m e , ................................................................................. 13,057
Date of examination by commissioner: October 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
426
REPORT OF THE
[Pub. Doc
P L Y M O U T H S A V IN G S B A N K — P L Y M O U T H .
Incorporated June 11, 1828.
W
il l ia m
Present number of corporators, 40.
S. D a n f o r t h , President.
John J. R u sse ll , Treasurer.
Jam es D . T h u r b e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
C h ar le s S. D a v is ,
W il l ia m S. D a n f o r t h ,
C h ar les B. Sto d d a r d ,
G eorge E . M orton ,
Jam es M il l a r .
Open for business every business day, 9 a . m . to 1 f . m . ; 2 to 3 p . m .
Balance S heet October 31, 1893.
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 purposes)..........................................
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, .
.
.
.
L iabilities .
$252,000
420,353
9,800
250,000
120,000
00
00
00
00
00
37,401
8,931
612,911
577,150
24
10
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
Suspense account,
$2,273,499 58
115,000 00
45,319 06
15,874 55
231 09
122,850 00
34,020 31
4,507 54
$2,449,924 19
$2,449,924 Ì9
Cash on Deposit in Banks, amount in each : —
National Bank of the Commonwealth, Boston,
Old Colony National Bank, Plymouth,
Plymouth National Bank, Plymouth, .
$ 7 ,2 2 1 01
1 3 ,3 2 9 7 9
1 3 ,4 6 9 51
Loans on Bank Stock, amount on each : —
On 15 shares Old Colony National Bank, Plymouth,
On 63 shares Traders’ National Bank, Boston,
On 9 shares Old Colony National Bank, Plymouth,
On 13 shares Plymouth National Bank, Plymouth,
On 13 shares Plymouth National Bank, Plymouth,
On 3 shares Old Colony National Bank, Plymouth,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$
1,000 00
5 ,0 0 0 00
900 0 0
1 ,3 0 0 0 0
j
1 ,6 0 0 0 0
No. 8.]
427
SAYINGS BANK COMMISSIONERS
Plymouth Savings B an k — Continued.
D etailed Statem ent o f P u blic F u n d s.
Par Value.
City of Bangor. Me., 6s, .
of Brockton, Mass., 4s,
of Fall River, Mass., 6s, .
of Holyoke, Mass , 6s,
of Lynn, Mass., 6s, .
of New London, Conn., 7s,
of New Bedford, Mass., 7s,
of Rockford, 111., 4is,
Town of Belmont, Mass., 4^s,.
of West Springfield, Mass , 5s,
City of Canton, Ohio, 5s, .
of Springfield, Ohio, 6s, .
$6,000
16,000
10,000
50,000
13,000
50,000
10,000
10,000
28,000
25,000
20,000
14,000
$252,000
Estimated
Market Value.
$7,020
16,000
11,100
55,500
13,260
57,500
12,300
10,000
28,560
25,750
20,000
14,280
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$6,000
16,000
10,000
50,000
13,000
50,000
10,000
10,000
28,000
25,000
20,000
14,000
00
00
00
00
00
00
00
00
00
00
00
00
$271,270 00 $252,000 00
No. of
Shares.
D etailed Statem ent o f B a n k Stocks.
7
41
234
48
139
70
42
108
200
80
106
100
28
29
53
54
100
128
85
225
86
9
120
55
188
Par Value.
Abington Nat’l B’k, Abington,
Atlantic Nat'l Bank, Boston, .
Atlas National Bank, Boston, .
Blackstone Natl Bank, Boston,
Boston National Bank. Boston,
Boylston Natl Bank, Boston, .
Columbian Natl B’k, Boston, .
N’l B’k of Commerce, Boston,
National Bank of the Commonwealth, Boston, .
National Eagle Bank, Boston,
Natl Kxchange Bank, Boston,
First Ward Natl Bank, Boston,
Freeman’s Natl Bank, Boston,
Globe National Bank, Boston,
Hamilton Natl Bank, Boston,
Howard Natl Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston,
Massachusetts N’l B’k, Boston,
Merchants’ Natl 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 the Republic, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$700
4,100
23,400
4,800
13,900
7,000
4,200
10,800
$700
4,920
26,910
4,320
12,927
8,750
4,200
12,744
00
00
00
00
00
00
00
00
$687
4,100
23,400
3,712
12,788
7,000
4,200
9,180
00
00
00
00
00
00
00
00
20,000
8,000
10,600
10,000
2,800
2,900
5,300
5,400
10,000
12,800
8,500
22,500
8,600
900
12,000
5,500
18,800
25,000
7,600
12,508
12,700
2,968
2,668
6,042
5,346
10,000
11,776
8,075
32,175
13,502
981
12,600
5,445
27,448
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
18,500
7,000
10,600
7,000
2,380
2,494
5,300
5,022
6,500
10,240
8,000
22,500
8,600
900
10,800
5,000
18,800
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
428
REPORT OF THE
[Pub. Doc
Plymouth Savings Bank — Continued.
No. of
Shares.
D etailed Statem ent o f Bank Stocks — Concluded.
120
270
93
130
62
195
100
112
60
100
60
55
262
184
100
171
84
Par Value.
Nat’l Revere Bank, Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Suffolk Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Brockton N’l Bank, Brockton,
Home Nat’l Bank, Brockton, .
Hingham N’l B’k, Hingham, .
Railroad Nat’l Bank, Lowell, .
Old Colony N’l B’k, Plymouth,
Plymouth N’l Bank, Plymouth,
Third Nat’l Bank, Springfield,
Bristol County National Bank,
Taunton,
.
.
.
.
National City Bank, Boston, .
$12,000
27,000
9,300
13,000
6,200
19,500
10,000
11,200
6,000
10,000
4,200
5,500
26,200
18,400
10,000
17,100
8,400
$447,500
Estimated
Market Value.
$12,000
48,870
10,416
13,260
5,704
18,525
12,900
10,304
6,000
10,000
4,200
6,875
39,300
22,080
15,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
23,085 00
7,224 00
Amount Invested.
$10,800
27,000
8,950
13,000
5,500
17,745
10,000
10,080
6,000
9,000
4,200
4,675
26,200
18,400
10,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
17,100 00
7,000 00
$538,048 00 $420,353 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Conn. & Passumpsic Rivers R.R. 4s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4is, .
.
.
.
Old Colony R.R. 4s,.
Old Colony R.R. 6s............................
Salem & Lowell R.R. 6 s ,.
Upper Coos R.R 4|s,
$50,000
30.000
50.000
40.000
13.000
20.000
25.000
25.000
$253,000
Estimated
Market Value.
$49,500
30.000
48,500
40.000
13.000
20,800
26,750
25.000
00
00
00
00
00
00
00
00
Amount Invested.
$50,000
30.000
47.000
40.000
13.000
20.000
25.000
25.000
00
00
00
00
00
00
00
00
$253,550 00 $250,000 00
Total A m ou n t o f L oa n s , w ith E ach Specified Rate o f Interest.
Amount.
$34,020
45,260
50
90,600
Rate.
31
00
00
00
2£ per cent.
4
“
44
«
4*
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$54,750
556.205
220,000
166,450
Rate.
00
00
00
00
4| per cent.
5
“
54
64
Amount.
$221,331
2,375
58,200
27,500
Rate.
00
00
00
00
6 per cent.
64
“
7
8
“
N o . 8 .]
S A Y IN G S
BANK
C O M M IS S IO N E R S .
4 29
Plymouth Savings Bank — Concluded.
Amount invested in real estate for banking purposes,....................................
Estimated value of the s a m e , ........................................................................
Assessed value of the same....................................................................................
Net income received from same during year ending Oct. 31, 1893,
Value, by books, of other real estate held or owned by foreclosure or other
wise,
.....................................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31, 1893,
Number of loans which are of an amount not exceeding $3,000 each, 204
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 248
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, 1893........................................................................
Times for the dividends fixed by the by-laws: Monday preceding the
first Tuesday in January and July.
Rate and amount of each semi-annual dividend during the 1 2^ per cent., f
year ending Oct. 31, 1893, .
.
.
.
.
.
J 2£ per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
490
Number of accounts closed during the year ending Oct. 31, 1893,
495
Total number of open accounts Oct. 31, 1893,
.
.
.
.
6,180
Total expenses of the corporation for the year ending Oct. 31,1893 (exclu
sive of taxes)..........................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of same, .
...................................................... 2,933
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893,
.
. • .
.
.
•
......................................................
Number of s a m e ,.................................................................................3,701
Date of examination by commissioner: August 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$37,401
40,000
40,800
763
24
00
00
62
8,931 10
20,950 00
406 90
243,261 00
50 00
121,859 96
54,323 14
55,730 17
5,749 74
241,509 24
317,854 81
430
REPORT
OF
[P u b . D oc,
THE
P L Y M O U T H F IV E CENTS S A V IN G S B A N K — P L Y M O U T H .
Incorporated July 23, 1855.
W
il l ia m
Present number of corporators, 54.
It. D r e w , President.
W
il l ia m
W . B r e w s t e r , Treasurer.
W i l l i a m W . B r e w s t e r , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
W m . W . B rew ster,
E d w a r d B. A t w o o d ,
E v e r e t t F. S h e r m a n ,
W a l t e r L. B o y d e n ,
T h o m a s N. E l d r i d g e .
Open for business every business day, 9 a .m . to 1 p . m . ; 2 to 3 p . m . ; also Saturday,
7 to 8 p . m .
Balance Sheet October 31, 1893.
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 or towns
(notes), .
.
.
.
.
Deposits in banks, on interest, .
Expense account,
Suspense account,
Cash on hand, .
.
.
.
Liabilities .
$114,000
57,900
24,800
67,500
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
$987,483 41
40,810 01
14,071 42
5,463 00
12,682 90
444,415 00
186,742 50
86,710
48,760
1,681
165
2,469
00
90
63
11
80
$1,047,827 84
$1,047,827 84
Cash on Deposit in Banks, amount in each : —
National Bank of the Commonwealth, Boston,
Old Colony National Bank, Plymouth,
Plymouth National Bank, Plymouth, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$24,006 33
11,759 11
12,995 46
N o . 8 .]
S A Y IN G S
BANK
431
C O M M IS S IO N E R S .
Plymouth Five Cents Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 180 shares Mechanics’ National Bank, B o s t o n , .................................... $18,000 00
On 40 shares Whitman National Bank, W h i t m a n , ....................................
3,000
On 15 shares Columbian National Bank, Boston,.............................................
1,000
On 18 shares Plymouth National Bank, Plymouth...........................................
1,500
On 5 shares Old Colony National Bank, Plymouth...........................................
500
On 6 shares Old Colony National Bank, P ly m o u t h ,....................................
450
350
On 1 share Old Boston National Bank, Boston.................................................. j
On 3 shares New England National Bank, B o s t o n , .................................... >
00
00
00
00
00
00
D etailed Statem ent o f P u blic F u nd s.
P a r V a lu e .
City of Bangor, Me , 6s, .
of Bay City, Mieli., 5s,
of Belfast, Me., 6s, .
of Brockton, Mass., 4s,
of Chicago, 111., 4s, .
of Cleveland, Ohio, 5s,
of Grand Rapids, Mich., 5s,
of Lewiston, Me., 6s,
of New Bedford, Mass., 7s,
of New London, Conn., 7s,
of Providence, R. I., 5s, .
of Springfield, Mass., 6s, .
Town of Methuen, Mass., 6s, .
of Wevmouth, Mass., 4s,
of Whitman, Mass., 4s, .
District of Mansfield, Mass., 4s,
State of New Hampshire 6s, .
Town of Chicopee, Mass., 4s, .
$9,000
5,000
2,000
10,000
5,000
5,000
5,000
3,000
10,000
12,000
1,000
5,000
3,000
15,000
8,000
10,000
1,000
5,000
$114,000
*
E s tim a t e d
A m ou n t In v e ste d .
M a r k e t V a lu e .
$10,125
5,300
2,130
10,000
5,000
5,250
5,000
3,285
13,200
13,800
1,065
5,850
3,060
15,000
8,000
10,000
1,061
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$9,000
5,000
2,000
10,000
5,000
5,000
5,000
3,000
10,000
12,000
1,000
5,000
3,000
15,000
8,000
10,000
1,000
5,000
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$122,126 00 $114,000 00
A legal investment when made.
N o. o f
S h a re s .
D etailed Statem ent o f B a n k Stocks.
25
33
15
8
100
18
21
E s tim a t e d
P a r V a lu e .
Atlas National Bank, Boston, .
Blackstone N’l Bank, Boston,
National City Bank, Boston, .
N’l B’k of Commerce, Boston,
National Bank of the Com
monwealth, Boston,
Nat’l Exchange Bank, Boston,
First Ward N’l B’k, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
A m o u n t In v ested .
M a r k e t V a lu e .
$2,500
3,300
1,500
800
$2,875
2,970
1,290
944
00
00
00
00
10,000
1,800
2,100
12,500 00
2,124 00
2,667 00
$2,500
3,300
1,500
800
00
00
00
00
10,000 00
1,800 00
2,100 00
432
REPORT
OF
THE
[P u b . D o c .
Plymouth Five Cents Savings Bank — Continued.
No. o f
Shares.
D etailed Statem ent o f B an k Stocks — Concluded.
20
10
25
6
15
15
5
31
20
14
27
20
20
45
76
10
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Market Nat’l Bank, Boston, .
Merchants1Nat’l Bank, Boston,
Metropolitan N’l B’k, Boston,.
North National Bank, Boston,.
N’l B’k of the Republic, Boston,
National Revere Bank, Boston,
Shoe & Leather N’l Bk, Boston,
Nat’l Webster Bank, Boston, .
Columbian Nat’l B’k, Boston,.
Freeman’s Nat’l Bank, Boston,.
N ’l B’k of Redemption, Boston,
State National Bank, Boston, .
Brockton Nat’l B’k, Brockton,.
Plymouth N ’l B’k, Plymouth,.
Old Colony N’l B’k, Plymouth,
Third iNat’l Bank, Springfield,
$2,000
1,000
2,500
600
1,500
1,500
500
3,100
2,000
1,400
2,700
2,000
2,000
4,500
7,600
1,000
$57,900
$1,840
1,430
2,425
654
2,205
1,500
450
2,821
2,000
1,484
3,375
2,060
2,300
5,265
12,540
1,750
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$69,469 00
A m ou n t In v ested .
$2,000
1,000
2,500
600
1,500
1,500
500
3,100
2,000
1,400
2,700
2,000
2,000
4,500
7,600
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$57,900 00
D etailed Statem ent o f R ailroad Bonds.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 7s, .
Cheshire R.R. 6s,
Concord & Montreal R.R. 4s, .
Eastern R.R. 6s,
. . .
Old Colony R.R. 4is,
Old Colony R.R. 6s,
. . .
Old Colony R.R. 7s,.
Maine Central R.R. 7s, .
Upper Coos R.R. 4±s,
$10,000
500
4.000
10,000
10,000
10,000
6.000
2,000
5,000
10,000
$67,500
$9,900
500
4,130
10,000
11,650
10,250
6,270
2,010
6,750
10,000
00
00
00
00
00
00
00
00
00
00
$71,460 00
A m o u n t In v ested .
$10,000
500
4.000
10,000
10,000
10,000
6.000
2,000
5,000
10,000
00
00
00
00
00
00
00
00
00
00
$67,500 00
Total A m ou nt o f L oa n s , with E a ch Specified R ate o f Interest.
Rate.
Amount.
$48,760 90
68,950 00
5,360 00
2i
4
4A
per cent.
“
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$30,000 00
307,090 00
40,000 00
Rate.
4| per cent.
5
“
5i
“
Amount.
$41,047 50
250,220 00
Rate.
5£ per cent.
6
“
N o . 8 .]
S A Y IN G S
BANK
C O M M IS S IO N E R S .
4 33
Plymouth Five Cents Savings Bank — Concluded.
Amount invested in real estate for banking purposes........................................
Estimated value of the s a m e , ........................................................................
Assessed value of the s a m e ,.................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 381
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real estate......................................................369
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893.....................................................................................
Times for the dividends fixed by the by-laws : second Tuesday in January
and July.
Rate and amount of each semi-annual dividend during the ) 2 per cent., f
year ending Oct. 31, 1 8 9 3 ,...................................................... 1 2 per cent., I
Number of accounts opened during the year ending Oct. 31, 1893,
. 482
Number of accounts closed during the year ending Oct. 31, 1893,
. 376
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,592
Total expenses of the corporation for the year ending Oct. 31, 1893
(exclusive of ta x e s ),..........................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e ,.................................................................................2,571
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 3 , ...................................................................................................
Number of same......................................................................................1>810
Date of examination by commissioner: June 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,682 90
13,000 00
12,800 00
332,957 50
50,555 66
18,141 54
19,045 43
4,233 76
169,435 61
163,376 78.
434
KEPOKT
OF
THE
[P u b . D o c
P R O V ID E N T IN S T IT U T IO N FOR S A V IN G S IN TH E T O W N
OF BOSTON — BOSTON.
Incorporated Dec. 13, 1816.
Present number of corporators, 122.
H e n r y L e e , President.
C. J. M o r r i l l , Treasurer.
H e n r y P a r k m a n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
W
S. D e x t e r ,
A u g u stu s L o w e l l ,
G o o d w in W h i t n e y ,
C h a s . U . C o t t in g ,
L ouis C u r t is ,
C. W . A m o r y ,
R . H . Stevenson,
H e n r y W h it m a n ,
H enry Parkm an .
il l i a m
I.
Open for business every business day, 9
a .m
to 2
p .m .
B alance Sheet October 31, 1893.
A ssets.
L iabilities .
Public funds as per schedule, . $7,895,300 00
29.000 00
Loans on public funds,
1,286,800 00
Bank stock as per schedule,
Loans on bank stock,
227,500 00
3,985,000 00
Railroad bonds as per schedule,
25.000 00
Loan on railroad stock,
100,000 00
Railroad notes, .
.
.
.
Real estate (for banking pur
80.000 00
poses), ....................................
10,532,187 00
Loans on real estate, .
9,279,500
00
Loans on personal security,
Loans to counties, cities or towns
662,835 00
( n o t e s ) ,....................................
859,763 54
Deposits in banks, on interest, .
16,922 61
Expense account,
62,030 81
Cash on hand, .
.
.
.
$35,041,838 96
Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count,
Suspense account, .
$33,422,673 62
1,266,000 00
53,132 77
299,298 02
734 55
$35,041,838 96
Cash on Deposit in Banks, amount in each : —
Merchants’ National Bank, B o s t o n , ............................................................... $228,540 91
Third National Bank, Boston,
.........................................................................
370,779 17
National Exchange Bank, B o s t o n , ...............................................................
57,634 82
National Union Bank, B o s t o n , ........................................................................
102,369 04
Old Boston National Bank, Boston........................................................................
99,872 73
National Webster Bank, B o ston ,........................................................................
566 87
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o . 8 .]
S A Y IN G S
BANK
4 35
C O M M IS S IO N E R S
Provident Institution for Savings, etc., Boston — Continued
Loans on Public Funds, amount on each: —
$5,000 00
On $5,000 United States 4s, .
On $24,000 City of New Bedford bonds,
On 10 shares Boston & Maine R .R .,
24,000 00
]
=€£
'ot
o
o
Loans on Bank Stock, amount on each : —
On 25 shares Charles River National Bank, Cambridge,
On 9 shares Lechmere National Bank, East Cambridge,
On 11 shares National Exchange Bank, Boston, .
On 150 shares Merchants’ National Bank, Boston,
On 189 shares National Bank of North America, Boston,
On 200 shares Merchants’ National Bank, Boston,
On 200 shares Boston & Albany R .R ., .
.
.
.
On 450 shares Old Colony Trust Company, Boston,
On 250 shares Bay State Trust Company, Boston,
On 300 shares Old Colony Trust Company, Boston,
On 167 shares Fourth National Bank, Boston,
On 450 shares Fourth National Bank, Boston,
On 60 shares Broadway National Bank, Boston, .
00
11,000 00
16,000 00
1
\ 100,000 00
J
30,000 00
16,000 00
}
50,000 00
Loan on Railroad Stock: —
$25,000 00
On 306 shares Maine Central R.R.,
D etailed Statem ent o f P ublic F u nd s.
P a r V a lu e .
E s tim a t e d
M a r k e t V a lu e .
Town of Beverly, Mass., 4s, .
of Burlington, Vt., 4s, .
of Braintree, Mass., 4s, .
of Cranston, R. I., 4s, .
of Cumberland, R. I., 4s,
of Everett, Mass., 4s,
of Foxborough, Mass., 4s,
of Great Barrington, Mass., 4s,
of Grafton, Mass., 4s, .
of Lincoln, R. I., 4s,
of Plymouth, Mass., 4s,.
of St. Albans, Vt., 3^s, .
of Ware, Mass., 4s,
of Wellesley, Mass., 4s,
of Westbrook, Me , 3fs,
City of Boston, Mass., 4s,
of Cambridge, Mass , 4s, .
of Chelsea, Mass., 4s,
of Concord, N. H., 4s,
of Concord, N. H., 6s,
of Lowell, Mass., 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200,000 $200,000 00
100,000
98,000 00
24,000
24,000 00
50,000
49,500 00
90,000
89,100 00
50,000
50,000 00
55,000
55,000 00
35,000
35,000 00
64,000
64,000 00
95,000
93,100 00
58,800
58,800 00
65,000
63,212 50
40,000 00
40,000
100,000
100,000 00
14,000
13,720 00
3,448,000 3,498,477 50
100,000
100,500 00
131,000
132,310 00
211,000
211,000 00
8,500
8,500 00
495,000
499,950 00
A m ou n t In v e ste d .
$200,000
100,000
24,000
50,000
90,000
50,000
55,000
35,000
64,000
95,000
58,800
65,000
40,000
100,000
14,000
3,448,000
100,000
131,000
211,000
8,500
495,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
4 36
REPORT
OF
THE
[P u b . D o c
Provident Institution for Savings, etc., Boston — Continued.
Detailed Statement o f Public Funds — Concluded.
P a r V a lu e .
E s tim a te d
M a r k e t V a lu e .
City of Manchester, N. H., 4s,
of Manchester, N. H., 6s,
of Meriden, Conn., 4s,
of New Haven, Conn., S±s,
of New Haven, Conn., 4s,
of North Adams, Mass., 3^s,
of Pawtucket, R. I., 4s, .
of Providence, R. I., 4s, .
of Somerville, Mass , 4s,
of Woonsocket, R. I., 4s, .
County of Grafton, N. H., 4s, .
of Stratford, N. H., 4s.,
City of Haverhill, Mass., 4s, .
of Holyoke, Mass., 4s,
of New York, N. Y., 6s, .
of Rochester, N. Y., 4s, .
of Springfield, Mass., 4s,
of Somerville, Mass., 4^s,
.
$205,000 $206,025 00
37,000
37,930 00
50,000
50,000 00
79,000
77,815 00
275,000
275,000 00
110,000
106,975 00
400,000
392,000 00
250,000
256,250 00
108,000
108,000 00
300,000
298,500 00
33,000
32,670 00
130,000
128,700 00
50,000
50,500 00
25,000
25,000 00
50,000
52,625 00
160,000
160,000 00
100,000
101,000 00
99,000
100,485 00
A m o u n t In v ested .
$205,000
37,000
50,000
79,000
275,000
110,000
400,000
250,000
108,000
300,000
33,000
130,000
50,000
25,000
50,000
160,000
100,000
99,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$7,895,300 $7,943,645 00 $7,895,300 00
N o. o f
S h a re s
Detailed Statement o f Bank Stocks.
246
675
428
75
668
315
592
225
225
543
1000
349
524
350
150
332
848
284
561
450
P a r V a lu e .
E s tim a te d
M a r k e t V a lu e .
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Columbian Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
Continental Nat’l B’k, Boston,
National City Bank, Boston, .
Hamilton Nat’l Bank, Boston,
N’l Hide & LeatherB’k, Boston,
Massachusetts N’l B’k, Boston,
Market National Bank, Boston,
Merchants’ Nat’ l Bank, Boston,
New England N'l B’k, Boston,.
North National Bank, Boston,
Old Boston N’l Bank, Boston,.
N’l B’k of the Republic, Boston,
National Revere Bank,Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Suffolk Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$24,600
67,500
42,800
7,500
66,800
31,500
59,200
22,500
22,500
54,300
100,000
34,900
52,400
35,000
15,000
33,200
84,800
28,400
56,100
45,000
$29,520
77,625
42,800
8,850
77,154
26,775
67,488
23,850
21,375
49,956
142,000
54,095
57,116
34,650
22,125
33,200
153,488
32,660
58,344
42,750
A m o u n t In v e ste d .
$24,600
67,500
42,800
7,500
66,800
31,500
59,200
22,500
22,500
54,300
100,000
34,900
52,400
35,000
15,000
33,200
84,800
28,400
56,100
45,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
N o . 8 .]
S A Y IN G S
BANK
437
C O M M IS S IO N E R S .
Provident Institution for Savings, etc., Boston — Continued.
N o. o f
j S h a res.
D etailed Statement o f Bank Stocks — Concluded.
500
1000
312
1000
401
450
50
315
P a r V a lu e .
Shoe & Leather N’l B’k, Boston,
Tremont Nat’l Bank, Boston,
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Washington Nat’l B’k, Boston,
National Eagle Bank, Boston, .
First National Bank, Boston, .
Globe National Bank, Boston, .
$50,000
100,000
31,200
100,000
40,100
45,000
5,000
31,500
$1,286,800
E s t im a t e d
A m ou n t In v ested .
M a r k e t V a lu e .
$45,000
93,000
39,000
91,500
40,100
38,250
11,750
28,350
$50,000
100,000
31,200
100,000
40,100
45,000
5,000
31,500
00
00
00
00
00
00
00
00
$1,442,771 $1,286,800 00
D etailed Statem ent o f R ailroad Bonds.
Par Value.
Boston & Albany R.R. 6s,
Boston, Clinton & Fitchburg R.R. 5s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4|s,
Boston & Maine R.R. 4s, .
Boston & Providence R.R. 4s, .
Eastern B..R. 6s,
.
.
.
.
Fitchburg R.R. 5s, .
Old Colony & Newport R.R. 4is, .
Old Colony & Newport R.R. 6s,
Estimated
Market Value.
Amount Invested.
$100,000 $102,500 00
605.000 00
550.000
609,840 00
616.000
20,500 00
20,000
1,174,000 1,162,260 00
150.000
150.000 00
308.725 00
265.000
673,500 00
650.000
202.000 00
200.000
272.725 00
260,000
$100,000
550.000
616.000
20,000
1,174,000
150.000
265.000
650.000
200.000
260,000
00
00
00
00
00
00
00
00
00
00
$3,985,000 $4,107,050 00 $3,985,000 00
Total A m ou n t o f L oan s , with Each Specified Rate o f Interest.
R a te.
A m o u n t.
A m ou n t.
R a te.
R a te.
A m ou n t.
%
$859,763
210,485
5,190.162
186,000
7,246,100
54
00
00
00
00
2J per cent.
3|
“
4
“
4i
4*
“
“
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$792,000
2,915,575
465,000
1,116,000
00
00
00
00
4| per cent.
5
5i
“
5h
“
$402,000
932,700
50,000
1,326,000
00
00
00
00
5| per cent.
6
“
6*
“
7
4 38
REPORT
OF
THE
[P u b . D o c .
Provident Institution for Savings, etc., Boston — Concluded.
Amount invested in real estate for banking purposes,....................................$80,000 00
Estimated value of the same...................................................................................
460,000 00
Assessed value of the s a m e ,.................................................................................
460,000 00
Net income received from same during year ending Oct. 31, 1893,
.
.
1,710 00
Number of loans which are of an amount not exceeding $3,000 each, . 50
Aggregate amount of the same...............................................................................
109,555 00
Total number of loans upon real e s t a t e , .............................................338
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1893...................................................................................... 1,481,193 91
Times for the dividends fixed by the by-laws: third Wednesday in January
and July.
Rate and amount of eachsemi-annual dividend during the 1 2per cent., f 624,761 92
year ending Oct. 31, 1 8 9 3 , ............................................. •J
2per cent., I 637,546 17
Number of accounts opened during the year ending Oct. 31, 1893, 10,282
Number of accounts closed during the year ending Oct. 31, 1893,
9,177
Total number of open accounts Oct. 31, 1893,
.
.
.
.
88,913
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)..................................................................................................... 51,210 38
Amount of deposits, not including dividends, received during the year end
ing Oct. 31, 1893.................................................................................... 5,698,478
93
Number of s a m e , ................................................................................. 79,619
Amount of withdrawals, including dividends, during the year ending Oct.
31. 1893.................................................................................................... 6,609,147
55
Number of s a m e ,.................................................................................71,962
Date of examination by commissioners : November 1 and 2.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o . 8 .]
S A Y IN G S
BANK
4 39
C O M M IS S IO N E R S
P R O V ID E N T IN S T IT U T IO N FOR S A V IN G S IN TH E T O W N S
OF S A L ISB U R Y A N D A M E S B U R Y - A M E SB U R Y .
Incorporated Feb. 28, 1828.
A
zo r
0 .
W
e b s t e r
,
C
h
President.
a r l e s L. A
Present number of corporators, 34.
A
l l e n
,
l e r e i)
C.
W
e b s t e r
Treasurer.
,
Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
A zor 0 . W
M. D. F. S t e e r e ,
ebster,
G eo . F. B a g l e y .
Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 12 m .
B
a l a n c e
S
h e e t
O
c t o b e r
to 12
m
. ; 2 to 4
p .m .
;
3 1 ,1 8 9 3 .
L iabilities .
A ssists.
Public funds as per schedule, .
Bank stock as per schedule,
Loans 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 ) ,....................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand.................................
a .m .
$471,000
149,875
1,800
112,000
60,000
00
00
00
00
00
Deposits, .
Guaranty fund,
Interest account,
$2,272,420 44
105,000 00
126,476 43
5,000 00
676,700 00
758,300 00
136,000
200
123,845
2,454
6,721
00
00
71
70
46
$2,503,896 87
$2,503,896 87
Cash on Deposit in Banks, amount in each : —
Boston Safe Deposit and Trust Company, B o s t o n , ....................................$53,739 43
Powow River National Bank, A m e s b u r y ,......................................................
70,106 28
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
440
REPORT
OF
[P u b . D o c .
THE
Provident Institution for Savings, etc., Amesbury — Continued.
Loans on Bank Stock, amount on each : —
On 5 shares Powow River National Bank, Amesbury,
.
.
.
.
On 2 shares Powow River National Bank, Amesbury,
.
.
.
.
On 5 shares Powow River National Bank, Amesbury,
.
.
.
.
On 6 shares First National Bank, M e r r i m a c , .............................................
$500 00
200 00
500 00
600 00
Loan on Railroad Bonds : —
On $64,000 Boston & Maine R .R. 4 s , ............................................................... $60,000 00
Detailed Statement o f Public Funds.
Par Value.
United States 6s,
. . .
City of Bangor, Me., 6s, .
of Cambridge, Mass., 6 s ,.
of Chelsea, Mass., 4s,
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 4s,
of Cambridge, Mass., 4s, .
of Chicago, 111., 4s, .
of Des Moines, Iowa, 4ts,
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Holyoke, Mass., 6s,
of Lynn, Mass., 4s, .
of Manchester, N. II., 6s,
of Marlborough, Mass., 4s,
of Newton, Mass., 6s,
of Portland, Me., 6s,
of Springfield, Mass., 6 s,.
of Fall River, Mass., 4s, .
Town of Melrose, Mass., 4s, .
$20,000
45,000
10,000
50,000
4,000
40,000
30,000
75,000
19,000
10,000
20,000
5,000
30,000
10,000
30,000
2,000
30,000
10,000
20,000
11,000
$471,000
Estimated
Market Value.
$21,600
50,850
11,460
50,000
4,000
40,000
30,000
75,000
19,000
11,000
22,675
5,550
30,000
10,900
30,000
2,360
34,500
11,750
20,000
11,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$20,000
45,000
10,000
50,000
4,000
40,000
30,000
75,000
19,000
10,000
20,000
5,000
30,000
10,000
30,000
2,000
30,000
10,000
20,000
11,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$491,645 00 $471,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
Powow River National Bank,
Amesbury, . . .
75 Atlas National Bank, Boston,.
22 Atlantic Nat’l Bank, Boston, .
60 Blackstone Nat’l B'k, Boston, .
35 Boylston Nat’l Bank, Boston, .
10 National City Bank, Boston, .
35 Columbian Nat’l B’k, Boston, .
Par Value.
Estimated
Market Value.
Amount Invested.
120
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,000
7,500
2,200
6,000
3,500
1,000
3,500
$17,400
8,625
2,640
5,400
4,375
860
3,500
00
00
00
00
00
00
00
$12,000
7,500
2,200
6,000
3,500
1,000
3,500
00
00
00
00
00
00
00
N o . 8 .]
S A V IN G S
BANK
C O M M IS S IO N E R S .
4 41
Provident Institution for Savings, etc., Amesbury — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
30
100
35
42
50
26
15
50
25
75
40
35
15
21
50
80
75
18
49
25
35
57
49
25
40
25
45
21
Par Value.
N’l B’k of Commerce, Boston,
National Bank of the Common
wealth, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
Nat’l Exchange Bank, Boston,
Faneuil Hall N’l B’k, Boston,.
First National Bank, Boston, .
First Ward N’l Bank, Boston,
Globe National Bank, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston,
New England N’l B’k, Boston,
Old Boston N’l Bank, 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 and Leather Nat’l Bank,
Boston,
.
.
.
.
State National Bank, Boston, .
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Georgetown N ational Bank,
Georgetown,
Bay State N’l Bank, Lawrence,
Railroad Nat’l Bank, Lowell, .
Estimated
Market Value.
Amount Invested.
$3,000
$3,510 00
$3,000 00
10,000
3,500
4,200
5,000
2,600
1,500
5,000
2,500
7,500
4,000
3,500
1,500
2,100
5,000
8,000
7,500
1,800
4,900
12,500
3,325
4,830
5,900
3,120
3,525
6,350
2,300
7,875
4,000
5,005
2,355
2,079
6,250
11,680
7,500
3,240
5,488
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
10,000
3,500
4,200
5,000
2,600
1,500
5,000
2,500
7,500
4,000
3,500
1,500
2,100
5,000
8,000
7,500
1,800
4,900
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
2,500
3,500
5,700
4,900
2,500
4,000
2,250
3,570
5,244
4,606
3,225
3,680
00
00
00
00
00
00
2,500
3,500
5,700
4,900
2,500
4,000
00
00
00
00
00
00
2,500
3,375
2,100
2,500 00
4,387 00
2,709 00
2,500 00
3,375 00
2,100 00
$149,875
$175,803 00
$149,875 00
Detailed Statement o f Railroad Bonds.
•
------------ ----------------------Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Eastern R.R. 6s,
.
.
.
Fitchburg R.R. 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$30,000
15.000
42.000
25.000
$112,000
Estimated
Market Value.
$30,000
15.000
48,300
25.000
00
00
00
00
$118,300 00
Amount Invested.
$30,000
15.000
42.000
25.000
00
00
00
00
$112,000 00
442
REPORT
OF
THE
[P u b . D o c .
Provident Institution for Savings, etc., Amesbury — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$53,739
20,106
96.000
133,500
24.000
Kate.
43
28
00
00
00
2£ per cent.
H
4
4è
4§
“
“
“
Amount.
$418,500
100,000
242,800
30,000
438,300
Kate.
00
00
00
00
00
5 per cent.
H
“
“
“
“
5è
jjl
6
Amount.
$77,500
101,900
500
20,000
Rate.
00
00
00
00
6£ per cent.
7
7h
“
8
Amount invested in real estate for banking purposes,.................................... f 5,000 00
Estimated value of the s a m e , ........................................................................
8,000 00
Assessed value of the s a m e ,.................................................................................
5,000 00
Net income received from same during year ending Oct. 31, 1893,
.
.
120 00
Number of loans which are of an amount not exceeding $3,000 each, 407
Aggregate amount of the s a m e , ........................................................................
353,200 00
Total number of loans upon real e s t a t e , ............................................. 394
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
121,951 15
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
Rate and amount of each semi-annual dividend during the | 2 per cent., f
42,790 81
year ending Oct. 31, 1893,......................................................J 2 per cent., 1
43,906 20
Number of accounts opened during the year ending Oct. 31, 1893,
. 497
Number of accounts closed during the year ending Oct. 31, 1893,
. 372
Total number of open accounts Oct. 31, 1893,
.
.
.
.
6,342
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes)................................................................................................................. 5 9 0 54
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , .................................................................................
3 807
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 3 , ...................................................................................................
Number of s a m e , ................................................................................. 4 025
Date of examination by commissioner : July 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
280,373 00
294,938 22
N o . 8 .]
S A Y IN G S
BANK
443
C O M M IS S IO N E D
Q U IN C Y S A V IN G S B A N K — Q U IN C Y .
Incorporated March 18, 1845.
Present number of corporators, 45.
R u p e r t F. C l a f l i n , President.
G e o r g e L. G i l l , Treasurer.
G e o r g e L. G i l l , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
J o h n Q. A. F i e l d ,
E l ia s A. P e r k i n s .
R u p e r t F. C l a f l i n ,
E d w in W . M a r s h ,
Open for business every business day, 8.30
B
a l a n c e
S
h e e t
O
a .m .
c t o b e r
to 12
m.
; 2 to 4
p .m .
31, 1893.
L iabilities .
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).........................................
Deposit in bank, on interest,
Expense account,
Real Estate and Building Com
pany stock,* .
.
.
.
Cash on hand, .
.
.
.
$112,000
131,920
21,000
129,000
00
99
00
00
18,000
18,636
868,716
512,150
00
44
60
00
Deposits, .
Guaranty fund,
Interest account,
$1,763,990 31
63,000 00
29,565 71
4,000 00
29,969 30
444 90
6,907 50
3,810 29
$1,856,556 02
$1,856,556 02
* Taken to secure indebtedness.
Cash on Deposit in Bank: —
National Granite Bank, Quincy............................................................................. ........
30
Loans on Bank Stock, amount on each: —
On 57 shares National Mount Wollaston Bank, Quincy,
On 3 shares National Granite Bank, Quincy,
On 150 shares Mechanics’ National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,700 00
300 00
15,000 00
444
REPORT
OF
THE
[P u b . D oc
Quincy Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
Town of Pawtucket, R. I., 5s, .
of Weymouth, Mass., 4s,
City of Providence, R. I., 5s, .
of Somerville, Mass., 5s, .
of Waltham, Mass., 4s,
Town of Randolph, Mass., 4s, .
of Orange, Mass., 4s,
of Needham, Mass., 4 s,.
$5,000
20,000
5.000
12,000
30.000
10.000
8.000
22,000
$112,000
Estimated
Market Value.
$5,250
20,000
5,300
12,000
30.000
10.000
8,000
22,000
00
00
00
00
00
00
00
00
$112,550 00
Amount Invested.
$5,000
20,000
5.000
12,000
30.000
10.000
8.000
22,000
00
00
00
00
00
00
00
00
$112,000 00
Detailed Statement o f Bank Stocks.
8O- dw
>
o 2
55
8
18
17
20
20
33
62
25
26
30
67
75
250
18
19
74
34
50
200
133
Par Value.
Washington Nat’l B’k, Boston,
N’l Hide & Leather B’k, Boston,
Eliot National Bank, Boston, .
Nat’l Exchange Bank, Boston,
Nat’l Webster Bank, Boston, .
Boston National Bank, Boston,
Atlas National Bank, Boston,
Merchants’ Nat’l B’k, Boston, .
State National Bank, Boston, .
North Nat’l Bank, Boston,
N ’l B’k of No. America, Boston,
N’l B’k of the Republic, Boston,
Manufacturers’ N’l B’k, Boston,
National Revere Bank, Boston,
National City Bank, Boston, .
Tremont Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
New England N’l B’k, Boston,
Nat’l Granite Bank, Quincy, .
N’l Mt. Wollaston B’k, Quincy,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$800
1,800
1.700
2,000
2,000
3,300
6,200
2.500
2,600
3.000
6.700
7.500
25.000
1,800
1,900
7.400
3.400
5.000
20.000
13,300
$117,900
Estimated
Market Value
$800
1,890
2,055
2,360
1,840
3,069
7,130
3,080
2,652
3,270
7,035
10,950
25.000
1,800
1,634
7,030
3,060
7,850
27.000
16,625
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$136,130 00
Amount Invested.
$844
1,839
1,706
2,475
2,000
3,338
6,909
2,657
2,800
3,450
6,925
9,600
25,655
1,991
2,244
8,468
3,587
6,525
23,795
15,110
00
00
20
33
00
08
25
50
00
00
00
00
00
75
00
50
00
00
38
00
$131,920 99
N o . 8 .]
S A Y IN G S
BANK
445
C O M M IS S IO N E R S .
Quincy Savings B a n k — Concluded.
Detailed Statement o f Railroad Bonds.
E s tim a t e d
P a r V a lu e .
Boston & Lowell R.R. 4 s,.
Fitchburg R.R. 5s, .
Old Colony R.R. 4s, .
Vermont & Massachusetts R.R. 5 s,.
Fitchburg R.R. 4s, .
Boston & Maine R.R. 4s, .
$25,000
5,000
10,000
25.000
44.000
20.000
A m o u n t In v ested .
M a r k e t V a lu e .
$24,750
5,150
9,800
26,250
42,680
19,600
00
00
00
00
00
00
$129,000 $128,230 00
$25,000
5,000
10,000
25.000
44.000
20.000
00
00
00
00
00
00
$129,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
•1
K a te .
A m o u n t.
$29,969
220,000
115,000
459,725
30
00
00
00
2è per cent.
4è
“
I
4|
5
K ate.
A m ou n t.
$33,500
25,000
95,425
412,621
00
00
00
60
5i per cent.
5»
“
4
“
6
R a te.
A m ou n t.
$41,995 00
1,000 00
1,600 00
7 per cent.
7 3
10
<<
7à
“
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 or owned by foreclosure or
$18,000 00
18,000 00
11,000 00
o th e r w is e ,...........................................................................................................
Assessed value of the s a m e ,.................................................................................
Net income received from same during year ending Oct. 31,1893,
Number of loans which are of an amount not exceeding $3,000 each,. 320
18,636 44
32,900 00
863 69
Aggregate amount of the s a m e , ........................................................................
Total number of loans upon real e s t a t e , ............................................. 353
Amount of investments from which no income is received..............................
Gross amount of interest or profits received or earned, as per books, dur
ing year ending Oct. 31, 1 8 9 3 , ........................................................................
Times for the dividends fixed by the by-laws : first Tuesday in April and
403,046 00
October.
Rate and amount of each semi-annual dividend during the j 2 per cent., j
year ending Oct. 31, 1 8 9 3 , ............................................. *12 per cent., (
Number of accounts opened during the year ending Oct. 31, 1893,
. 803
Number of accounts closed during the year ending Oct. 31, 1893,
. 617
Total number of open accounts Oct. 31, 1893,
.
.
.
.
6,899
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
6,907 50
87,856 79
33,126 02
33,146 08
clusive of taxes),
..........................................................................................
Amount of deposits, not including dividends, received during the year end
4,689 73
ing Oct. 31, 1893,...................................................................................................
Number of s a m e , .......................................................................................... 6,212
Amount of withdrawals, including dividends, during the year ending Oct.
398,448 25
31, 1893.....................................................................................................................
Number of s a m e , .......................................................................................... 4,889
Date of examination by commissioners : February 2.
426,472 87
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
446
REPORT
OF
THE
[P u b . Doc,
R A N D O LP H S A V IN G S B A N K — R A N D O LP H .
Incorporated April 14, 1851.
J. W
h it e
Present number of corporators, 32.
B e l c h e r , President.
H
ir a m
C . A l d e n , Treasurer.
H ir a m C. A l d e n , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
Ch a r l e s H . H o w a r d ,
Ch a s. G . H a t h a w a y ,
G e o r g e B. B r y a n t ,
J. W in s o r P r a t t ,
H ir a m C. A l d e n .
Open for business every business day, 9
a .m
. to 1
p m.
; 2 to 3 p . m .
B alance Sheet October 31, 1893.
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 ) ,....................................
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
L ia b ilit ie s .
$177,500
200,700
950
173,000
252,211
299,115
00
00
00
00
00
59
40,701
37,299
9
1,879
39
56
00
07
$1,183,365 61
Deposits, .
Guaranty fund,
Interest account,
$1,114,208 08
54,978 10
14,179 43
$1,183,365 61
Cash on Deposit in Bank: —
Randolph National Bank, R a n d o lp h ,............................................................... $37,299 56
Loan on Bank Stock: —
On 6 shares Randolph National Bank, R a n d o l p h , .................................... $950 00*
*
The bank was notified that this loan exceeded the legal limit, and it has since been corrected.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o . 8 .]
S A Y IN G S
BANK
4 47
C O M M IS S IO N E R S
Randolph Savings Bank — Continued.
Detailed Statement o f Public Funds.
E s tim a t e d
P a r V a lu e .
M a r k e t V a lu e .
Town of Abington, Mass., 4s, .
of Fort Fairfield, Me , 6s,
of Randolph, Mass., 4s,.
of Roekland, Mass , 4s, .
of Rockingham, Vt., 4s,
’ of South Abington, Mass., 4s,
of Winchester, Mass., 4s,
City of Brockton, Mass., 4s and 5s..
of Cleveland, Ohio, 4s,
of Dayton, Ohio, 4s,
of Lawrence, Mass., 6s, .
of Pawtucket, R. I., 4s, .
of Springfield, Mass., 7s,
$177,500
*
$7,000
10,000
30,000
12,000
980
5,000
5.000
26,000
18,000
24,500
14,862
9,900
16,895
$7,000
10,000
30,000
12,000
1,000
5,000
5,000
25,000
18,000
25,000
14,500
10,000
15,000
00
00
00
00
00
00
00
00
00
00
00
00
00
A m o u n t In v ested ,
$7,000
10,000
30,000
12,000
1,000
5,000
5,000
25,000
18,000
25,000
14,500
10,000
15,000
00
00
00
00
00
00
00
00
00
00*
00
00
00
$180,137 00 $177,500 00
A legal investment when made.
N o. o f
S h a re s .
Detailed Statement o f Bank Stocks.
97
50
97
52
66
50
126
50
50
50
20
50
27
25
50
100
46
25
50
150
8
50
70
P a r V a lu e .
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,.
Blackstone Nat’l Bank, Boston,
Central Nat’l Bank, Boston, .
N’l B’k of Commerce, Boston,
National City Bank, Boston, .
National Bank of the Common
wealth, Boston, .
Boston National Bank, Boston,
Continental Nat’l B’k, Boston,.
National Eagle Bank, Boston,.
Eliot National Bank, Boston, .
Everett Nat’ l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Hamilton Nat’l B’k, Boston, .
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston, .
Metropolitan N’l B’k, Boston,
New England N’l B’k, Boston,
North National Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
E s tim a t e d
M a r k e t V a lu e .
A m o u n t In v ested .
$9,700
5,000
9,700
5,200
6,600
5,000
$11,689
5,750
8,755
8,008
7,788
4,300
00
00
00
00
00
00
$9,700
5,000
9,700
5,200
6,600
5,000
00
00
00
00
00
00
12,600
5,000
5,000
5,000
2,000
5,000
2,700
2,500
5,000
10,000
4,600
2,500
5,000
15,000
800
5,000
7,000
15,782
4,650
5,750
4,750
2,320
4,600
3,186
2,650
5,700
10.600
4,600
2,500
4,600
18,900
784
7,850
7,630
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
12,600
5,000
5,000
5,000
2,000
5,000
2,700
2,500
5,000
10,000
4,600
2,500
5,000
15,000
800
5,000
7,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
REPORT
448
OF
THE
[P u b . D o c
Randolph Savings Bank — Continued.
No. of
Shares.
Detailed Statement o f Bank Stocks — Concluded.
50
150
30
37
46
25
25
25
10
14
50
97
35
16
25
13
Par Value.
$5,000
15,000
3,000
3,700
4,600
2,500
2,500
2,500
1,000
1,400
5,000
9,700
3,500
1,600
2,500
1,300
N’l B’k o f No. America, Boston,
N’l B’k of Redemption, Boston,
Shawmut Nat’l Bank, Boston,
National Revere Bank, Boston,
State National Bank, Boston, .
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Home Natl Bank, Brockton, .
Central National Bank, Lynn,
National City Bank, Lynn,
Blue Hill Nat’l Bank, Milton,
Taunton Nat’l Bank, Taunton,
Union Nat’l Bank, Weymouth,
$200,700
Estimated
Market Value.
$5,250
18,900
3,360
3,700
4,738
2,250
2,375
3,250
920
1,624
9,500
15,720
6,650
1,696
3,650
1,495
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$238,220 00
Amount Invested.
$5,000
15,000
3,000
3,700
4,600
2,500'
2,500
2,500
1,000
1,400
5,000
9,700
3,500
1,600
2,500
1,300
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$200,700 00
Detailed Statement o f Bailroad Bonds.
J
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 7s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Old Colony R R. 4s,.
Old Colony R.R. 6s,.
Maine Central R.R. 7s, .
P a r V a lu e .
$5,000
48,000
10,000
10,000
10,000
20,000
60,000
10,000
$173,000
E s tim a t e d
M a r k e t V a lu e .
$4,850
46,840
10,000
9,800
9,800
20,000
62,400
11,300
00
00
00
00
00
00
00
00
A m o u n t In v ested .
$5,000
48,000
10,000
10,000
10,000
20,000
60,000
10,000
00
00
00
00
00
00
00
00
$174,990 00 $173,000 00
Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.
Amount.
Kate,
4 per cent.
4|
“
4&
“
$243,787 39
65,000 00
89,500 00
5 per cent.
5|
“
Amount.
$29,450 00
55.000 00
20.000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount.
$52,840 59
2,000 00
35,400 00
Rate.
6 per cent.
6i
“
7
N o . 8 .]
S A Y IN G S
BANK
C O M M IS S IO N E R S .
449
Randolph Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, . 84
Aggregate amount of the s a m e , ........................................................................ $80,326 59
Total number of loans upon real e s t a t e , ............................................. 102
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 ,.................................................................................
56,553 66
Times for the dividends fixed by the by-laws: Friday preceding the
first Saturday in April and October.
Rate and amount of each semi-annual dividend during the i 2 per cent., r
21,257 27
year ending Oct. 3 1 , 1 8 9 3 , ........................................................................ j 2 per cent., j
2 1 ,3 8 8 6 6
Number of accounts opened during the year ending Oct. 31, 1893,
. 298
Number of accounts closed during the year ending Oct. 31, 1893,
. 262
Total number of open accounts Oct. 31, 1893,
.
.
.
.
2,838
Total expenses of the corporation for the year ending Oct. 31, 1893 (exclu
sive of taxes),
...................................................................................................
1,933 56
Amount of deposits, not including dividends, received during the year
134,89138
ending Oct. 31, 1 8 9 3 ,.............................................................................................
Number of s a m e ,.......................................................................................... 1,398
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893........................................................................................................................
153,75796
Number of s a m e , .......................................................................................... 1,664
Date of examination by commissioner: April 11.
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Federal Reserve Bank of St. Louis
450
REPORT
OF
[P u b . D o c
THE
R O C K LAN D S A V IN G S B A N K — R O C K LA N D .
Incorporated March 30, 1868.
Present number of corporators, 43.
E l i s h a T . H a r v e l l , President.
E . R . S t u d l e y , Treasurer.
E . R . S t u d l e y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
E. T. H aryell,
W . B. S t u d l e y ,
J. A . T o r r e y ,
S. M . H o w e s ,
Ch as. W . T o r r e y .
Open for business every business day, except Monday, 9
also Saturday, 6 to 8 p . m .
a
.m .
to 12
m
.
; 1 to 4
p
.m . ;
B alance S heet O ctober 31, 1893.
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 ) , ....................................
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,
Tax account,
.
.
.
.
Cash on hand, .
.
.
.
L ia b il it ie s .
$67,000
48,700
700
70,000
00
00
00
00
75,087
1,600
406,210
176,257
03
00
00
00
19,000
1,200
4,432
493
60
175
00
00
52
88
83
20
$870,916 46
Deposits, .
Guaranty fund,
Interest account,
Suspense account,
.
$818,274
30,500
22,080
61
78
00
15
53
$870,916 46
Cash on Deposit in Banks, amount in each: —
First National Bank, R o c k la n d ,........................................................................ $4,407 89
Boston Safe Deposit and Trust Company, B o s t o n , ....................................
24 63
Loan on Bank Stock: —
On 10 shares National Granite Bank, Q u i n c y , ............................................. $700 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o . 8 .]
S A Y IN G S
BANK
C O M M IS S IO N E R S
4 51
Rockland Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.
City of Bangor, Me., 6s, .
of Boston, Mass, 3^s,
of Chicago, 111., 4s, .
of Chicago, 111., 7s, .
of Cleveland, Ohio, 3.65s,
of Fall River, Mass., 6s, .
of Middletown, Conn., 3.65s, .
of Newburyport, Mass., 4s,
of New London, Conn., 4s,
Town of Framingham, Mass., 4s, .
of Orange, Mass., 4s,
of Rockland, Mass., 4s, .
of Weymouth, Mass., 4s,
City of Springfield, Ohio, 4is,
$7,000
10,000
12,000
2,000
5,000
4,000
1,000
5,000
4,000
5,000
4,000
2,000
5,000
1,000
$67,000
Estimated
Market Value.
$7,890
9,500
11,640
2,240
4,800
4,720
960
5,000
4,000
5,000
4,000
2,000
5,000
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$67,750 00
Amount Invested.
$7,000
10,000
12,000
2,000
5,000
4,000
1,000
5,000
4,000
5,000
4,000
2,000
5,000
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$67,000 00
No. of
Shares.
Detailed Statement o f Bank Stocks.
12 Abington Nat’l B’k, Abington,
42 Continental N’l Bank, Boston,
10 Eliot National Bank, Boston, .
15 Everett Nat’l Bank, Boston, .
25 Freeman’s Nat’l Bank, Boston,
45 N’l Hide & Leather B’k, Boston,
67 Howard Nat’l Bank, Boston, .
35 Manufacturers’ N’l B’k, Boston,
25 Metropolitan N’l Bank, Boston,
73 National Revere Bank, Boston,
20 Nat’l Webster Bank, Boston, .
20 Wintlirop Nat’l Bank, Boston,
21 Nat’l Granite Bank, Quincy, .
62 First National Bank, Rockland,
15 Union Nat’l Bank, Weymouth,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
$1,200
4,200
1,000
1,500
2,500
4,500
6,700
3,500
2,500
7,300
2,000
2,000
2,100
6,200
1,500
$48,700
Estimated
Market Value.
$1,600
4,809
1,150
1,320
2,375
4,725
6,633
3,500
2,375
7,300
1,800
2,300
2,835
6,400
1,725
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$50,847 00
Amount Invested.
$1,200
4,200
1,000
1,500
2,500
4,500
6,700
3,500
2,500
7,300
2,000
2,000
2,100
6,200
1,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$48,700 00
452
REPORT
OF
THE
[P u b . D o c .
Rockland Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.
Par Value.
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston, Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Newport & Richford R.R. 5s, .
Upper Coos R.R. 4|s,
*
Estimated
Market Value.
$17,000
5,000
18,000
5,000
5,000
5,000
15,000
$16,950
4,900
18,900
4,850
5,150
5,150
15,000
00
00
00
00
00
00
00
$70,000
$70,900 00
Amount Invested.
$17,000
5,000
18,000
5,000
5,000
5,000
15,000
00
00
00
00
00
00*
00
$70,000 00
A legal investm ent when made.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$4,432 52
4,000 00
120,025 00
Kate.
24 per cent.
4|
“
5
“
Amount.
$63,850 00
388,292 00
10,000 00
Kate.
54 per cent.
6
“
64
“
Amount.
$15,200 00
2,000 00
Rate.
7 per cent.
8
Amount invested in real estate for banking purposes,.................................... $75,087 03
Estimated value of the same,.................................................................................
70,000 00
Assessed value of the s a m e ,.................................................................................
56,200 00
Net income received from same during year ending Oct. 31, 1893,
.
.
175 81
Value, by books, of other real estate held or owned by foreclosure or other
wise, .....................................................................................................................
1,600 00
Assessed value of the same.....................................................................................
2,275 00
Net income received from same during year ending Oct. 31, 1893,
.
.
10 00
Number of loans which are of an amount not exceeding $3,000 each, 626
Aggregate amount of the s a m e , ........................................................................
385,437 00
Total number of loans upon real e s t a t e , ............................................. 550
Amount of investments from which no income is received, .
.
.
.
100 00
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 3 , .................................................................................
44,010 50
Times for the dividends fixed by the by-laws: first Tuesday in January
and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
N o.
8 .J
S A Y IN G S
BANK
C O M M IS S IO N E R S .
453
Rockland Savings Bank — Concluded.
Rate and amount of each semi-annual dividend during the 1 2 per cent., f
year ending Oct. 31, 1 8 9 3 , .............................................• J 2 per cent., 1
Number of accounts opened during the year ending Oct. 31, 1893,
. 634
Number of accounts closed during the year ending Oct. 31, 1893,
. 420
Total number of open accounts Oct. 31, 1893,
.
.
.
.
3,181
Total expenses of the corporation for the year ending Oct. 31, 1893 (ex
clusive of taxes), ..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 3 ,..........................................................................................
Number of s a m e , ................................................................................. 3,310
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1893....................................................................................................................
Number of s a m e , ................................................................................ 2,571
Date of examination by commissioner : June 16.
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Federal Reserve Bank of St. Louis
$15,240 30
15,996 62
3,075 70
178,720 48
191,691 44
454
REPORT
OF
THE
[P u b . D o c
SA L E M S A V IN G S B A N K — SALEM .
Incorporated Jan. 29,1818.
W
il l ia m
N o r t h e y , President.
Present number of corporators, 161.
C l a r e n c e M u r p h y , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
W il l ia m N o r t h e y ,
D a v id P i n g r e e ,
W i l l i a m G. W e b b ,
George R . H a r r is ,
C h a s . S. R e a ,
G eorge R . Je w e t t .
Open fo r business every business day, 8.45
B a l a 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,
Loan 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
(notes).........................................
Deposits in banks, on interest, .
Cash on hand, .
.
.
.
a .m .
to 1.15
p .m
.
31, 1893.
L iabilities .
$2,622,100
561,450
31,800
640,200
800
250,000
00
00
00
00
00
00
Deposits, .
Guaranty fund,
Profit an