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PUBLIC DOCUMENT . .

. . N o. 8

NINETEE]^fM'ïüii'i-EB0^.:'.'A

B oard of Commissioners
SAYINGS BANKS.

1894 .

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 Office Square.

1895.


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Federal Reserve Bank of St. Louis

33S.I
[V\3 e b
6 e? 4 ; . f * -

Commontucaltb of ftlassacbusctts.

O f f ic e

of t h e

B o a r d of C o m m is s io n e r s of S a v in g s B a n k s ,
C o m m o n w e a l t h B u i l d i n g , B oston , Dec. 27, 1894.

To the Honorable the Senate and House o f Representatives in General Court
assembled.

The Board o f Commissioners o f Savings Banks, in accord­
ance with statutory requirements, has the honor to submit its
nineteenth annual report, relating to the condition o f the insti­
tutions under its supervision.
The number o f such institutions has been increased by the
addition o f two trust companies and two co-operative banks,
which have commenced business since the date o f the last re­
port, the present number of institutions under the supervision
o f the Board is 331, with assets o f about $574,194,000.
A s authorized by statute, this report is made in two parts.
Part I ., here presented, gives the condition and statistics o f
the following institutions, viz. :—
185 savings banks and institutions for sav­
ings, with assets of
. . .
$442,391,264 81
25 trust companies, with assets of
.
.
110,879,135 65
1 trust company in hands of receiver, with
assets o f ...........................................
151,268 48
1 savings bank in hands of receiver, with
assets of *

Part IT., to be presented later in the session, will include the
statements o f : —
\XS

Os

117 co-operative banks,
2 collateral loan companies and
2 mortgage loan companies.

É

* See page xiii for a statement of the affairs of this institution.

<A"


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Federal Reserve Bank of St. Louis

IV

R E P O R T OF TH E

[Pub. D oc.

I n c r e a s e in I n s t it u t io n s .

The institutions which have commenced business during the
past year are : —

Name.

Date of Incorpora­
tion.

Date of
Commencement of
Business.

Trust Companies.
The Newton Centre Trust Company,
N e w t o n , ...........................................
The Middlesex Safe Deposit and Trust
Company, Lowell,
.
.
.
.

March 22, 1894. July 12, 1894.
May

29, 1888. Oct. 15, 1894.

April

11, 1894

Nov.

13, 1894. Nov. 13, 1894.

Co-operative Banks.
The Lafayette Co-operative Bank, Fall
R i v e r , ....................................................
The Winchester Co-operative Bank, Win­
chester, ....................................................

May

2, 1894.

D e c r e a s e o f I n s t it u t io n s .

The Spencer Co-operative Bank has during the year closed
its business, paid its shareholders in full, and deposited its
books and papers in this office, as required by statute. W e
have to suggest that this corporation be now dissolved.
I n s t it u t io n s C h a p t e r e d b u t n o t C o m m e n c e d B u s in e s s .

The Markets Savings Bank, incorporated March 25, 1893,
and the Dorchester Savings Bank, incorporated April 16, 1894,
both to be located in Boston, have not commenced to do
business.
Authority to organize the Roger Conant Co-operative Bank,
to be located in Salem, was given Oct. 22, 1894, but it did
not commence business until November, and is therefore not
included in this report.
I n c r e a s e in B u s in e ss .

The addition o f four new institutions does not in itself alone
indicate an essential increase in the duties o f this B oa rd ;
when, however, it is considered that an increase o f over
$17,800,000 in the assets o f the savings banks; o f nearly
$18,000,000 in the assets o f the trust companies ; and o f about
$1,500,000 in the assets ol the co-operative banks, involves an

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Federal Reserve Bank of St. Louis

No. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

v

additional investment o f over $37,000,000, it will be readilyseen that the labor and care in the examinations made by the
Board are correspondingly increased ; and the time appears to
have arrived when, in order to give that thorough inspection o f
the affairs o f the banks and companies which the Board desires,
and which the public expects to have given, it is necessary to
employ additional clerical assistance.
Cases frequently arise, especially in the co-operative banks,
when a day or two o f work by a clerk skilled in accounts
would tend to supplement the examination o f the commissioner
to thé advantage alike o f the institution and o f the depositors
therein, and at the same time be the means o f avoiding delay
in the completion and compilation o f the annual returns by pre­
venting errors in entries, or their correction at or soon after
occurrence, rather than at the end o f the fiscal year, when
every one connected with the institutions is especially busy.
D i v id e n d s .
Bates o f Dividends' showing Comparisons with Oct 3 1 ,1 8 9 3 .

Ordinary Dividen ds paid during the Y ear ending Oct . 31,1894.

2 saviors banks paid at the rate of
4
15
5
155
3

1

In­

De­

crease.

crease.

5 pet cent.

43
41

4 1

^4

4

qi
°2

2

185
Total amount of ordinary dividends for the year, .
Average rate of ordinary dividends for the year, .

. $15,665,211 87
4.06 -|- per cent.

O f the banks which declared dividends at rates other than
the usual rate o f two per cent, each half year,—
3 banks paid the first term 2 per cent., the second term \ \ per cent.
66
44
2
44
2
21
66
66
44
2
44
44
2
“
H
66
44
44
3
44
“
44
2
u
66
44
44
8
44
44
2 14
"
u
6»
66
91
44
44
“
5
44
2
66
9X
44
44
“
4
44
44
~ 2
21
66
4‘
91
44 ^2
44
2
44
“
2^
66
66
66
66
66
1
44
0
“
2
Three banks have paid extra dividends amounting to $105,752.02.

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Federal Reserve Bank of St. Louis

R E P O E T O F TH E

[Pub. D oc.

Table showing Average Bate of Dividends Each Year since 18 7 6 .
1876,

5 66 per cent.

1886,

4.06 per cent.

1877,

5.00 “

“

1887,

4 06 “

“

1878,

4 00 “

“

1888,

4.14 “

“

1879,

3 68 “

1889,

4.08 “

1880,

3.93 “

“

1890,

4.08 “

“

1881,

4.00 “

“

1891,

4.10 “

“

1882,

3.97 “

1892,

4.11 “ ' »

1888,

4 09 “

1893,

4.09 “

“

1884,

4 15 “

“

1894,

4.06 “

“

1885,

4.14 “

“

In making up the average o f dividends shown in the fore­
going tables, it has always been the custom of the Board to take
into account the number o f banks only, without considering the
amount o f their deposits ; so that an institution paying div­
idends o f five per cent, on deposits o f half a million o f dollars
counted for as much in the calculation as another paying divi­
dends o f four per cent, or less on deposits o f several millions.
This method o f computation has been criticised, and it is justly
claimed that an average so arrived at is not the exact average
o f the dividends received on the aggregate deposits in the
savings banks o f this Commonwealth; an accurate average
could only be obtained by a calculation based upon the actual
principal sum upon which each dividend in each bank had been
computed, and said principal sums are not known to this Board.
A computation has been made based upon the amount o f div­
idends declared at each particular rate during the year past, and
a principal sum assumed from said amounts ; but owing to the
fact that in those banks paying four and a half per cent, or
more the deposits are in excess o f the deposits held by the
banks paying only three and a half per cent., the average thus
obtained, viz., 4.05 -f- per cent., varies only about one onehundredth o f one per cent, from that obtained by the method
first mentioned, which for this year appears thus to be nearly
the correct average.

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Federal Reserve Bank of St. Louis

No. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

VIL

The current rates for money, except during some periods o f
temporary stringency, have steadily decreased for several years ;
and in no way is this fact more clearly illustrated than by the
dividends o f our savings banks ; and a comparison o f the tables
o f a decade ago with that for the present year is interesting in
this connection.
In
In
In
In
In
In
In

1884
1884
1884
1884
1884
1884
1884

.
.
.
.

2 banks paid
*.
8
117
“
2
“
“
19
61
4
u
20

3 per
qi
02
4
4|
41
43
5

cent.;
“
;
“
;
“
;
“
;
“
;
“
;

in
in
in
in
in
in
in

1894
1894
1894
1894
1894
1894
1894

.
.

167

0
3
155
5
15
4
2
184

And one small bank in 1894 paid only one dividend.

Some o f the banks still own bonds bearing five, six, and in
some few instances even seven per cent, interest; but these are
continually reaching maturity, and the avails thereof cannot be
reinvested in a similar class o f securities so as to net at present
more than three and a half to four per cent., therefore the
income o f such banks must be accordingly reduced in the near
future.
The reduction in the earning capacity o f the banks is further
evidenced by a comparison o f the loans outstanding Oct. 3 1 ,,
1893, with those existing a year la ter:—
At the former date the loans at less than four per cent, were $11,903,555 00
“
“
“
“ four per cent, were
.
.
20,919,628 00
“ over four per cent, were
. 263,163,911 00
This report shows loans at less than four per cent, were .
29,083,067 00
“
“
“ four per cent, were . .
.
56,056,753 00
“
“
“ over four per cent, were .
.
209,120,880 00

I f the earning capacity o f money continues to decline, or
even to remain where it now is, the rates o f dividends must
decline also ; but we believe that, so long as the affairs o f the
banks are conducted in the same conservative spirit as at
present, those depositors for whose benefit the institutions were
established will be satisfied, while if such decline should induce
the withdrawal o f deposits by those who by various devices
have succeeded in depositing considerable sums, it would be o f
benefit to the banks in reducing the funds now on hand or on
deposit in the national banks at a low rate o f interest.

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Federal Reserve Bank of St. Louis

[Pub. D oc

R E P O R T O F TH E

vm

A ggregate

Statem ent

of

L ia b il it ie s

A ssets,

an d

Showing Increase or Decrease as compared with the Year ending
Oct. 31, 1S93.
Liabilities.
Percentage

Amount Oct. 31,

C l a s s if ic a t io n .

Increase.

of

Increase.

1894.

D e p o s i t s , .........................................................

$416,778,017 53

$16,782,447 72

4.19

Guaranty f u n d , ................................................

16,851,216 66

1,108,194 26

7.04

Undivided e a r n i n g s ,......................................

8,490,937 59

1

Due on incomplete mortgage loans, .

125,032 70

j-

Sundry l i a b i l i t i e s , ......................................

146,060 33

J

.89*

78,711 55*

$442,391,264 81

“

* Decrease.

Amount

C l a ssif ic a t io n .

Increase.

Decrease.

Oct. 31, 1894.

$8,134,944 69

-

Percentage of
Investments to
Total Assets.

Assets.

14.55

Public f u n d s , ...............................................

$64,566,180 95

Loans on public funds.......................................

1,356,540 00

-

$85,415 00

.31

*Bank stock.............................................................

28,764,454 80

-

266,691 15

6.51

-

422,459 80

.44
10.73
.19

Loans on bank s t o c k , ......................................

1,910,869 73

Railroad bonds.....................................................

47,464,412 55

11,306,394 03

Loans on railroad bonds...................................

987,150 00

-

690,550 00

Loans on railroad stock....................................

830,400 00

-

577,975 00

Railroad notes.................................................

475,000 00

-

3,554,110 42

3,557,940 23

Real estate for banking purposes,

-

.81

-

41.45

1,360,561 57

334,392 56
9,393,480 68

Loans on personal security,

78,917,602 76

Loans to counties, cities or towns (notes),

10,294,620 14

685,121 36

.

.

.

Loans on real estate.......................................

44,573 00

Loans on depositors’ books,
Sundry a s s e t s , ................................................

464,950 09

Expense account..................................................

167,722 36

|

.11

130,018 35

183,344,058 68

Real estate by foreclosure, .

.23

9,881,030 11

14,507 00

.31
17.84
2.33

.01
.14

1,823 57

Cash on hand : —
In banks, on interest, .

$16,099,886 54

In banks, not on inter­
est,
.
.
.
.

498,700 84

.

1,285,640 57

In office,

.

.


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Federal Reserve Bank of St. Louis

17,884,227 95
$442,391,264 81

3,318,493 67

“
"

4.04

No. 8 .]

S A Y IN G S B A N K CO M M ISSIO N ERS.

ix

The statement o f liabilities shows the aggregate amount o f
deposits to be $416,718,017.53, an increase for the year o f
$16,782,447.72, the increase for the previous year having been
but $6,975,707.73. The total number o f depositors is 1,247,090,
the average deposit to each account being $334.20. Last year
the average was $329.35, and the total number o f open accounts
was 1,214,493.
The number o f deposits made during the year was 1,044,649,
the amount deposited bei ng $74,946,5 70.01, an average o f $71.74
for each deposit. The number o f withdrawals was 968,577
and the amount withdrawn $74,124,697.33, an average o f
$76.53 for each withdrawal.
It is quite clearly indicated by these averages that the banks
are being generally used by those people o f small means for
whose special advantage they were designed.
The amount deposited exceeded the amount withdrawn by
only $821,872.68.
Dividends to the amount o f $15,770,963.89 have been cred­
ited to depositors during the year.
The total assets o f the one hundred and eighty-five savings
banks are $442,391,264.81, an increase o f $17,811,930.43.
The increase and decrease during the year in each particular
item o f assets is shown by the table on page viii.
The increased investments are : —
In
In
In
In

public funds,..................................
railroad bonds,
.
.
.
.
loans on real estate,
loans to counties, cities and towns,

$8,134,944
11,306,394
9,393,480
685,121

69
03
68
36

And these indicate the careful, conservative management o f
the banks, as all these channels o f investment can justly be
considered among the safest and best.
The amount invested in bank stock during the year was com­
paratively small, and was considerably exceeded by the amount
received from those national banks whose capital was reduced
during the year, in which the savings banks held a considerable
number o f shares.
The increase o f over $3,000,000 o f deposits in banks (usually
at low rates o f interest) is an added illustration o f the difficulty


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Federal Reserve Bank of St. Louis

R E P O R T O F TH E

X

[Pub. D oc.

in obtaining such desirable investments as will produce income
sufficient to warrant their holding.
The increase in real estate held by foreclosure is to be re­
gretted. The condition o f the market for all classes o f property
is such, however, that very little sale for the property previously
held could have been expected, and thus the aggregate is in­
creased by that newly acquired. In cases where real estate has
been held by the banks for a considerable time, and extension
o f the time within which it must, be sold has been applied for
and granted, the banks have been informed that, except under
very unusual circumstances, another extension will not be
granted if a reasonably fair return can be obtained by a sale
thereof.
The large decrease in the item o f railroad notes is owing to
the fact that during the year two or more o f the companies
which had been considerable borrowers at the banks have
funded their floating debt.
The decrease o f $9,881,000 in loans on personal security is
no doubt in part owing to the dull business in many o f our
industries, and in part to the fact that money can be obtained at
lower rates than the savings banks are willing to accept. O f
the loans outstanding, about one-half, to wit, $39,049,808.80,
is secured by collateral, in addition to the principal and sureties
required by law.
The following table gives a synopsis o f the business o f the
banks for the past year, as compared with the year previous : —

D epo sits , W

it h d r a w a l s , etc .

Number of open a c c o u n t s , ......................................
Average amount to the credit of each account,
Number of d e p o s i t s ,.........................................................

Oct. 31, 1894.

Increase.

1,247,090

32,597

$334 20
1,044,649

Number of withdrawals...........................................

968,577

Amount deposited (not including dividends), .

$74,946,570 01
71 74

Average of deposits..............................................................
Amount withdrawn (including dividends),

74,124,697 33

-

$4 85
15,524
$2 20
-

Average of w ith d r a w a ls ,...............................................

76 53

Amount of ex p en ses,.........................................................

1,028,838 01

18,198 38

Total earnings........................................................................

20,635,413 68

390,456 09

Total ordinary d iv id e n d s ,...............................................

15,665,211 87

118,781 44

Total extra d i v i d e n d s , ...............................................

105,752 02

Number of loans of an amount less than $3,000,

59,519

3,098

Number of loans on real estate security,*

66,682

3,482


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Federal Reserve Bank of St. Louis

Decrease.

56,761
$780,901 02
10,278,377 96
8 03
—
3,383 36
-

* Averaging $2,749.53 each.

No. 8 .]

xi

SA V IN G S B A N K CO M M ISSION ERS.

C l a s s if ic a t io n o f D e p o s it s .

The provisions o f chapter 44 o f the Acts o f 1890, now em­
bodied in section 43 o f chapter 317, Acts o f 1894, require the
banks every fifth year to include in their returns a classified
statement o f the deposits made during the twelve months pre­
ceding. The first return under the statute was made for the
year ending Oct. 31, 1889; the second is included in the
returns for this year, and the following is a consolidated state­
ment th ereof: —
[A .]
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
not more than $100,
Exceeding $100 and
not more than $200,
Exceeding $200 and
not more than $500,
Exceeding $500 and
less than $1,000, .
O f $1,000 or more, .
Totals,

Amount.

784,482

$14,756,163 48

125,939

10,251,776 15

58,496

9,114,691 25

47,790

16,900,041 45

15,768
12,174

11,099,389 93
12,824,507 75

1,044,649

$74,946,570 01

T o the credit —
O f women, both
adult and minor, .
O f guardians, .
O f r e lig io u s and
charitable associa­
tions,
In trust,
.
.

Num ­
ber.

Am ount.

480,835
2,946

$33,469,023 11
658,017 98

11,515
56,628

1,441,944 04
5,960,155 10

Some banks, when deposit accounts are transferred from one
person to another, are accustomed to close the old account by
entering the amount as a withdrawal, and treating the sum
transferred as a new deposit, thus swelling the sum o f deposits
by the amount o f such transfers ; and therefore the preceding
table makes the total deposits to be in excess o f the new money
actually received by the banks.
W ith two or three exceptions, the banks which treat trans­
fers in the manner above mentioned have been able to report
accurately a classified list o f such transfers, which reports are
consolidated into the annexed table, marked B.


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Federal Reserve Bank of St. Louis

Xll

R E P O R T O F TH E

[Pub. Doc.

[B.]
Classification of Transfers during the Year ending Oct. 3 1 ,1 8 9 4 .

Number.

Of $50 and l e s s , ...........................................
Exceeding $50 and not more than $100,
Exceeding $100 and not more than $200, .
Exceeding $200 and not more than $500, .
Exceeding $500 and less than $1,000,.
Of $ 1,000 or more,
•

1,600
878
1,084
1,739
1,454
1,206

T o ta ls ,....................................................

7,961

Amount.

$39,603
69,' 69
164,425
687,486
1.020,662
1,493,183

79
07
31
98
44
42

$3,474,431 01

Deducting from Table A the numbers and amounts disclosed
in Table B, and we are able to exhibit, in Table C, a revised
classification, which appears to give more correctly the infor­
mation sought by the statute.
[C.]
Classification o f Deposits [excluding transfers] during the Year ending
Oct. 3 1 ,1 8 9 4 .

Number.

Of $50 and l e s s , ...........................................
Exceeding $50 and not more than $100,
Exceeding $100 and not more than $200, .
Exceeding $200 and not more than $500, .
Exceeding $500 and less than $1,000,.
Of $1,000 or more,
.
.
.
.
.

782,882
125,061
57,412
46,051
14,314
10,968

T o ta ls ,....................................................

1,036,688

Amount.

$14,716,559
10,182,707
8,950,265
16,212,554
10,078,727
11,331,324

69
08
94
47
49
33

$71,472,139 00

This last table shows actual new deposits o f $71,472,139.00 ;
o f these new deposits, more than 93 per cent., viz., 965,355,
were in sums o f $200 or less, the average being $35.06 ; more
than three-quarters o f the whole number, say 782,882, and
nearly one-fifth o f the total amount, to wit, $14,716,559.69,
were in sums o f $50 or less, the average being $18.80 to each.
The average o f all the deposits shown by Table C is about
$68.94, as against the average o f $71.74 computed by the
amounts in Table A .


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Federal Reserve Bank of St. Louis

No. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

X III

The deposits in name o f women is also an instructive item,
and seems to illustrate anew the character o f business being
done by the banks, inasmuch as almost one-half both in number
and amount o f the total is so deposited.
A comparison o f the classification for this year with that of
five years ago shows slight changes as to characteristics, and
those are generally in favor o f the claim that the banks are
being used almost entirely by those o f limited means and
opportunities, and not by the wealthy classes.

S t o c k b r id g e S a y in g s B a n k .

The mixed condition o f the accounts o f this bank which
existed at the time o f the last report o f this Board has since
been remedied ; at the time the books were received by the
present receiver, there appeared to be due from F. A . Hobbs,
the former receiver, the sum o f $59,746.94, which sum was
further increased by an expert examination o f the accounts in
the sum o f $537.88, making the total amount due from Hobbs
to be $60,284.82. Against this sum the present receiver has
recovered the sum o f $39,222.36, leaving now due $21,062.46,
which represents the actual direct deficiency by the books of
the former receiver.
In addition to this direct loss, the
depositors have sustained indirect losses in consequence o f the
shameful neglect o f duty by Mr. Hobbs during the last few
months o f his administration, in not enforcing claims from which
might then have been recovered more than now can be, as also
by loss o f interest on the money stolen, etc.
It is believed that traces have been found o f some o f the mis­
sing money which was appropriated by Hobbs to his own use,
and legal steps have been taken looking to its recovery ; it is
expected the case will come up for adjudication early in March
next.
A claim has been made by the assignee o f H obbs, whose
estate is in the court o f insolvency, for a determination by the
supreme judicial court o f the question o f H obbs’ compensation
as receiver. As soon as these matters are settled, the Fidelity
and Casualty Company, which furnished bonds for Hobbs as
receiver, will be required to make up any deficiency to the
amount of its bond o f $20,000.


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Federal Reserve Bank of St. Louis

X IV

R E P O R T O F TH E

[Pub. D oc.

The former receiver, Hobbs, served out his term o f six
months’ imprisonment for contempt o f court, and is now under
indictment for embezzlement; he is under bonds to appear at
the January term o f the superior court o f Berkshire County,
and it is to be hoped that he will soon receive such punishment
as his nefarious conduct seems to warrant.
The present receiver, William C. Spaulding, E sq., o f West
Stockbridge, is using every effort to close up the affairs o f this
unfortunate bank as speedily as he can judiciously ; under his
administration a dividend o f fifteen per ceut. has been declared,
and is now being paid.
The following statement shows the condition o f the bank at
the time it passed into the hands o f the'present receiver, as
also its condition at close o f business, October 31 last: —


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Federal Reserve Bank of St. Louis

No. 8 .]

Stockbridge Savings B an k S tatem en t —

O c'ober 3 1 , 1 8 9 4 .
D isposition

op

A ssets .

Amount
Receiver.

Received

Charged off.

in Cash.

$25,383
31,882
20,025
47,794
39,222

Loans on personal security,
Loans on real estate security,
Real estate by foreclosure,
Suspense account,
C a s h , ......................................

$164,307 08

Am ount of assets,

Balance, cash,


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Federal Reserve Bank of St. Louis

.

$425 00

_
39,222 36

-

-

$425 00

$532 86
1,907 29
_
_
$2,440 15

Credits on
Principal.

$3,089 97
8,455 54
—
-

Oct. 31, 1894.

$22,293
23,426
20,025
47,794

04
79
32
06

$11,545 51

.

30
15
35
80

$54,214 47

.

Less payments fo r : —
Expenses of former y e a r s , .......................................... $681
24
Special expenses this y e a r , ........................................
679
40
Ordinary expenses this year,
.
.
.
.
.
. 1,337 77
I n s u r a n c e ,.............................................................................
22
89
T a x e s , ......................................................................................
224
92
657
16
On first dividend of 33% per cent.....................................
On second dividend of 16% per cent.,.
.
.
.
1,065 12
Am ount of payments, .

$3,089 97
8,030 54

1,156
2,440
224
50

Interest on deposits, .
Interest on loans,
Rents collected, grass sold, etc.,
Sale of office furniture, etc.,
Am ount of cash received,

01
33
32
06
36

Interest
collected.

.

.

.

.

$4,668 50

•

•

.A

4,668 50
$49,545 97

49,545 97
$163,085 18

S A V IN G S B A N K COM M ISSION ERS.

Amount

delivered to

C H A R A C T E R OF A S S E T S .

R E P O R T O F TH E

XVI

[Pub. D oc.

The item o f suspense account represents the deficiency o f the
late receiver, added to that o f the former treasurer; and what­
ever sums are received on account o f these shortages will go to
the credit o f that account, and be applicable to future dividends
to the depositors.
The amount due depositors at the time the bank went into
the hands o f a receiver was $303,158.61
The dividends already declared are as follows :—
First, due July 28, 1891, of 33| per cent., .
Second, due Feb. 15, 1892, of 16§ per cent., .
Third, due Nov. 1, 1894, o f 15 per cent.,
.

.
.
.

$101,052 87
50,286 29
45,260 95

There remains unpaid at date o f foregoing statement: —
Of the first d iv i d e n d ,........................................... $237 29
Of the second d i v i d e n d , ...................................
255 42

and there are four open accounts on the books, amounting to
$1,257.62, for which no claimants have appeared, nor have any
pass books been presented to verify the same, and dividends on
these accounts are not included in above amounts.
T r u s t C o m p a n ie s .

This Board has frequently referred to the fact that some o f
the trust companies allow interest on small deposits, and has as
often suggested the adoption o f a minimum limit o f deposits,
not necessarily uniform in all the companies, on which interest
should be allowed. The low rate at which the companies have
been obliged to loan their money during most o f the past year
has added weight to the suggestions o f the Board, and several
companies have adopted such a lim it; it is hoped that the time
is not far distant when the others will do likewise.
W e desire to reiterate what was said in our report to the
General Court o f 1893, that some o f the business authorized
under the general law regulating trust companies incorporated
since the passage o f that act is not likely to arise except at cer­
tain central points now fully covered by existing companies,
and that, “ except under very exceptional circumstances, no
more trust companies should be- incorporated,” and then only
with a minimum capital o f $500,000.
Most o f the companies recently organized are simply banks
o f deposit and discount; and, as an evidence that already more
companies have been incorporated than are required, we append

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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.

X V II

a list o f companies incorporated which have not yet commenced
business: —

N ame

op

Date of
Incorporation.

C om pa n y .

Chelsea Safe Deposit and Trust Company, Chelsea, .

May

29 1888,

Columbia Trust Company, B o s t o n , ......................................

June

14 1892,
14 1892,

Essex County Safe Deposit and Trust Company, Salem, .

June

Fall River Loan and Trust Company, Fall River,

March

7, 1891,

Hampden Loan and Trust Company, Springfield,

June

1, 1887,

Jamaica Plain Trust Company, Jamaica Plain, .

April

20, 1893,
24, 1893,

Lawrence Trust Company, Lawrence........................................

April

Lawyers’ Loan and Trust Company, Boston,

June

3, 1890,

Manufacturers’ Loan and Trust Company, H o lyok e ,.

April

26, 1887,

March

24, 1894,

Newtonville Trust Company, Newtonville, .

.

.

.

Date of
Acceptance of
Charter.
*

Dec.

29 1888.

April

16 1889.

North Essex Trust Company, Newburyport,

April

9, 1891,

Puritan Trust Company, B o s to n ,...............................................

June

14, 1892,

Sept.

24, 1892.

Somerville Trust Company, Somerville,

Ma y

April

30, 1890.

.

.

.

.

Union Loan and Trust Company, Boston..................................

May

14» 1891,
29, 1888,

United States Safe Deposit and Trust Company, Boston,.

April

15, 1887,

Jan.

21, 1888.

W est Lynn Trust Company, Lynn..............................................

June

14, 1892,

July

24, 1892.

Winthrop Loan and Trust Company, Boston,

March 17, 1891,

* Charter expired by limitation.

Statistics relative to the companies now transacting business
are given in the table on page 725, the financial statement o f each
being exhibited on pages 700 to 724 inclusive.
S u f f o l k T ru st C o m p a n y .

This company was placed in the hands o f a receiver in Sep­
tember, 1891. Little progress has been made during the past
year in the settlement o f its affairs, principally on account o f
the poor character o f its assets and the general depression in
business.
The deposits held by this company at the time o f its suspen­
sion amounted to $182,142.53; the assets cannot be expected
to realize anywhere near this sum, and legal action has been
taken to enforce the liability o f its stockholders to make up the
deficit to the extent o f their holding’s o f stock.
In order to secure the best returns from the real estate held
in the W est, as also from some claims in this section o f the
Union, the liquidation o f its affairs must necessarily be consid­
erably longer delayed.
A statement showing the result o f the year’s business as it
affects the assets is shown on the following page : —

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Federal Reserve Bank of St. Louis

xviii

Changes in Assets o f Suffolk Trust Company, Nov. 1, 1893, to Oct. 3 1 ,1 8 9 4 .
D isposition
C H A R A C T E R OP A S S E T S .

,

A ssets as shown
op R e c e iv e r .

by

R eports
Amount

Amount
Oct. 81, 1893.

$44,813
30,720
3,890
24,273
6,400
532
777
4,168
446
11,006
3,347
19,036
335
1,529

88
00
19
21
00
25
85
90
88
27
52
87
42
01

Received in
Cash.

$180 53
23 63
510 04

Charged off.

_
-

Interest
Collected.

$13 92
-

16 21

-

-

-

-

-

457 90
-

-

-

1 50
-

-

$151,278 25

$180 53
23 63
510 04
-

-

12 54
-

1 50
40 97
146 39
55 90
“

-

$500 57

$958 96

-

40 97
146 39
55 90
1,529 01

-

Total Credits
on
Principal.

Oct. 31, 1894.

$44,633
30,696
3,380
24,273
6,400
532
777
4,167
446
10,965
3,347
18,890
279

35
37
15
21
00
25
85
40
88
30
52
48
52

381
58
500
892

59
00
57
50

-

Total receipts to Oct. 31, 1 8 9 4 , ........................................................
Less expenses for year.....................................................................................

$4,320 63
1,842 43

_
"

Cash balance Oct. 31,1894......................................................................

$2,478 20


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2,478 20
$151,268 48

[Pub.

Received interest on d e p o s i t s ,..................................................................
Received from assignment of m ortgages,................................................
Received from interest on loans, e t c . , ...............................................
Transferred from dividend account,.........................................................

R E P O R T O F TH E

Time loans...........................................................................................................
Demand l o a n s , ..............................................................................................
Tax sale certificates..........................................................................................
Coupon account,..............................................................................................
Mortgage l o a n s , ..............................................................................................
Bills re c e iv a b le ,..............................................................................................
Overdrafts............................................................................................................
Furniture, e t c . , ..............................................................................................
Teller’s memoranda.........................................................................................
Real estate equities...........................................................................................
Due from agents................................................................................................
Foreclosure a c c o u n t ,.....................................................................................
Maverick National B a n k , ...........................................................................
Cash........................................................................................................................

op

No. 8 .]

xix

SA Y IN G S B A N K CO M M ISSIO N ERS.

Suffolk Trust Company — Dividend Account.

Deposited to dividend account, Sept. 30, 1893, .
.
.
.
Less amount transferred to general account in settlement of
c l a i m , ......................................................................................

$59,630 26
892 50

Amount of dividends paid to Oct. 31, 1894,

.

.

.

.

$58,737 76
45,378 77

Amount of unpaid dividends, Oct. 31, 1894,

.

.

.

.

$13,358 99

C o n c l u s io n .

The Board desires to express its obligations to the AttorneyGeneral and his assistants for numerous opinions given and acts
o f courtesy extended by them during the year.
In the pages following will be found detailed statements o f
the condition o f the savings banks and trust companies at close
o f business October 31 last; and in the Appendix the laws
relating to such institutions, corrected to date.


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Federal Reserve Bank of St. Louis

STARKES WHITON,
WILLIAM D. T. TREFRY,
SAMUEL O. LAMB,
Board of Commissioners of Savings Banks.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

ABSTEACT OE ANNUAL EEPOETS
OF THE

SAYINGS BANKS AND INSTITUTIONS
FOR SAYINGS,
SHOWING THEIR

C O N D IT IO N A T

T H E CLO SE OF BU SIN E SS

O ctober

M ade

in

C o n f o r m it y


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

to

the

31, 1891.

R e q u ir e m e n t s

A cts

of

1894.

of

Ch apter

317

of

the

2

[Pub. D oc

R E P O R T O F TH E

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, 62.

O tis \¥. S o u l e , President.

G e o r g e A . B e a l , Treasurer.

G e o r g e A . B e a l , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds:
John W . Spro u l,
G e o . L. R ic h a r d s o n ,
A d o n ir a m V a u g h n .

S il a s B . D i c k e r m a n ,
O t is W . S o u l e ,
J o se p h L . G r e e n w o o d ,

Open for business every business day, 9

a .m .

to 12

m.

; 1 to 4

p .m .

B alance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Real estate income account,
Lawrence Duck Co. stock,*
Furniture and fixtures,
Store fixtures,
.
.
.
.
Cash on hand,
.
.
.
.

$68,000
129,900
1,200
173,000

00
00
00
00

42.000
28,684
1,028,935
229,809

00
26
46
48

29,600
225
73,542
239
353
6,000
1,000
1,000
658

00
00
71
18
46
00
00
00
27

Deposits, .
Guaranty fund,
Interest account,

$1,814,147 82

$1,704,441 14
78,000 00
31,706 68

$1,814,147 82

* Taken to secure indebtedness.

Cash on Deposit in Banks, amount in each: —
Abington National Bank, Abington.............................................................................$21,786 38
National Bank of Redemption, B o ston ,....................................................................

51,756 33

Loans on Bank Stock, amount on each : —
On 5 shares National Granite Bank, Q u i n c y , ................................................. $400 00
On 10 shares First National Bank, R o c k l a n d , .................................................
800 00


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Federal Reserve Bank of St. Louis

No. 8 .]

3

S A Y IN G S B A N K COM M ISSION ERS

Abingfcon Savings Bank — Continued.
Detailed Statement o f Public Funds.
•

Par Value.

Town of Abington, Mass., 4s, .
City of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 5s,
of Springfield, Ohio, 4 is ,.
of Springfield, Ohio, 5s, .
Town of Middleborough, Mass., 4s,
City of Bay Citv, Mich,, 5s,
of New Britain, Conn., 4s,

Estimated
Market Value.

$20,000
5,000
3.000
5,000
5,000
10,000
10,000
10,000

$20,460
5,450
3,270
5,400
5,450
10,400
10,350
10,300

00
00
00
00
00
00
00
00

$68,000

$71,080 00

Amount Invested.

$20,000
5,000
3,000
5,000
5,000
10,000
10,000
10,000

00
00
00
00
00
00
00
00

$68,000 00

Detailed Statement o f Bank Stocks.
V- J
Op

Estimated
Market Value.

& 55
60
40
74
50
12
25
19
59
50
50
68
150
100
100
38
22
110
45
50
10
50
32
31
32
2
20

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, .
Old Colony N’l B’k, Plymouth,
First Nat’l Bank, Rockland,
Brockton Nat’l B’k, Brockton, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$6,000
4,000
7,400
5,000
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
3,100
3,200
200
2,000
$129,900

$7,200
6,000
7,696
5,006
1,524
2,875
1,581
7,729
4,500
5,525
7,310
14,512
15,775
9,750
4,560
2,552
13,832
7,155
9,250
912
3,900
3,712
3,100
4,800
215
2,300

00
00
00
25
00
00
75
00
00
00
00
50
00
00
00
00
50
00
00
50
00
00
00
00
00
00

$153,273 50

$6,000
4,000
7,400
5,000
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
3,100
3,200
200
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

$129,900 00

[Pub. D oc

R E P O R T O F TH E

4

Abington Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.
Estimated

Tar Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Eastern R.R. 6s,
. . .
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 4^s, .
Old Colony R.R. 4s, .
Portland & Ogdensburg R.R. 6s,
Upper Coos R.R. 4^s,
Old Colony R.R. 6s, .
Penobscot Shore Line R.R. 4s,

Market Value.

$22,220
39,390
30.600
30,500
1,030
10.600
15,750
5,500
5,250
1,055
20,000

$22,000
39.000
30.000
25.000
1,000
10.000
15.000
5.000
5.000
1.000
20.000

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00

$22,000
39.000
30.000
25.000
1,000
10.000
15.000
5.000
5.000
1.000
20.000

00
00
00
00
00
00
00
00
00
00
00

$173,000 $181,895 00 $173,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$73,542 71
3,000 00
35,000 00

Rate.

2 per cent.
4
“
4|
“

Amount.

$93,000 00
10,000 00
281,400 00

Rate.

Amount

Rate.

$200 00
107,130 00
760,039 94

44 per cent.
4|
5
“

51 per cent.

54
6

Amount invested in real estate for banking p u rp oses,........................................
Estimated value of the sam e ,........................................................................................
Assessed value of the s a m e , .........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Value, by books, of other real estate held or owned by foreclosure or

“
“

$42,000
42.000
39.000
1,434

00
00
00
89

otherwise............................................................................................................................
Assessed value of the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $>3,000 each, 708

28,684 26
28,975 00
504 98

Aggregate amount o f the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 720
Amount of investments from which no income is received.................................
Gross amount of interest or profits received or earned, as per books, during

710,184 94

year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: first Tuesday in April and

90,567 79

October.
Rate and amount of each semi-annual dividend j 21 per cent., $35,671 05 ]
during the year ending Oct. 31, 1894,
.
. I 21 per cent., 36,461 09 I
Number of accounts opened during the year ending Oct. 31, 1894,
. 430
Number o f accounts closed during the year ending Oct. 31, 1894,
. 324
Total number of open accounts Oct. 31, 1894,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

.

.

.

3,770

14,533 26

72,132 14

No. 8 .]

5

SA Y IN G S B A N K CO M M ISSION ERS.

Abington Savings Bank —

Concluded.

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 1,782
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number o f s a m e , ........................................................................................ 2,409
Date of examination by commissioner : May 10.

$3,794 52
232,813 85

224,973 21

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
f
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

1,072

$23,821 83

264

22,480 47

160

26,233 55

165

58,640 12

71
50

50,137 88
51,500 00

1,782

$232,813 85

not
not
not
less

To the credit —
Of women, both adult
and minor,
.
.
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Am ount.

959
8

$121,249 42
3,555 84

9
109

3,862 86
21,918 25

[Pub. D oc.

R E P O R T O F TH E

6

A M H E R S T 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 . B a n g s , Treasurer.
G e o . C u t l e r , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
E . F . Co ok ,
L . D. H il l s ,

W . E . B r id g m a n ,
B . F. K e n d r ic k .

Open for business every business day, 9

B alance

Sh ee t

October

to 12

m.

; 1.30 to 4

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank sto c k ,.
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Cash on hand,
.
.
.
.

a .m .

$156,718
220,739
3,380
154,800

60
33
00
00

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$1,862,066 98
77,450 00
52,631 62

15,000 00
1,166,901 00
165,344 05
83,700
2,300
17,493
5,000
772

00
00
50
00
12

$1,992,148 60

$1,992,148 60

Cash on Deposit in Banks, amount in each : —
First National Bank, A m h e r s t , ...............................................................................$14,493 50
City National Bank, H o l y o k e , ...............................................................................
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 W are National Bank, W are, .
On 3 shares First National Bank, Amherst, .
On 8 sliaies First National Bank, Easthampton,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$500 00
I

1,980 00

I

900 00

No. 8 .]

7

SA V IN G S B A N K COM M ISSIONERS

Amherst Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Akron, Ohio, 5s, .
of Chicago, III., 4s, .
of Cleveland, Ohio, 5s,
of Fall River, Mass, 6s, .
of Northampton, Mass, 4s,
of Pawtucket, R. I., 5s,. . '
of Rutland, Vt., 4s, .
of Saginaw, Mich., 4|s, .
Town of Beverly, Mass., 4s, .
of Clinton, Mass., 4s,
of Marblehead, INIass., 4s,
of Adams, Mass., 5s,

$25,900
20,000
7,000
8,000
3,000
3,000
20,000
20,000
10,000
20,000
15,000
5,000

Estimated
Market Value.

$26,936
20,400
7,350
8,160
3,000
3180
20,500
21,000
10,400
20,400
15,600
5,050

00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$25,900
19,875
7,000
8,000
2,943
3,000
20,000
20,000
10,000
20,000
15,000
5,000

00
00*
00
00
60
00
00
00
00
00
00
00

$156,900 $161,976 00 $156,718 60
* A legal investment when made.

’ No. o f
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
70

Par Value.

First National Bank, Amherst,
First National Bank, Barre, .
Suffolk National Bank, Boston,
N’l Hide & Leather B’k, Boston,
N’l B’k of the Republic, Boston,
Conway N’l Bank, Conway, .
First N’l Bank, Easthampton,.
Franklin Co. N’l B’k,Greenfield,
Holyoke Nat’l Bank, Holyoke,
City National Bank, Holyoke,
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, C t,
Palmer Nat’l Bank, Palmer, .
Agawam N’l B’k, Springfield,
Chapin N’l Bank, Springfield,
First Nat’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
5,300
2,300
1,150
12,800
5,400
13,160
6,160
17,000
11,200

00
00
00
00
00
00
00
00
00
00

Amount Invested.

$14,910
5,000
2,300
1,000
10,095
4,493
10,928
5,600
10,800
10,930

00
00
00
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
15,480 00
500 00

3,000
8,000
12,500
11,700
3,800
11,600
10,000
7,000

3,900
10,000
15,<4)0
17,550
5,700
11,832
15,000
8,400

3,660
8,000
14,825
16,101
5,306
11,600
12,703
8,730

00
00
00
00
00
00
00
00

00
00
00
00
50
00
00
00

8

[Pub. D oc

R E P O R T O F TH E

Amherst Savings Bank — Continued.
Detailed Statement o f Bank Stocks — Concluded.
V- GO
O a>

62
fc £
56
8
40
25
10
28

Par Value.

Crocker N’l B’k, Turner’s Falls,
Ware National Bank, Ware, .
City Nat’l Bank, Worcester, .
Citizen’s Nat’l B’k, Worcester,
Mechanics’ N’l B’k, Worcester,
National Pahquioque Bank,
Banbury, C t,

$5,600
800
4,000
2,500
1,000
2,800
$189,800

Estimated
Market Value.

$6,720
960
5,800
3,250
1,100

00
00
00
00
00

3,920 00

Amount Invested.

$5,600
800
5,120
2,500
1,000

00
00
00
00
00

3,870 00

$252,627 00 $220,739 33

Detailed Statement o f Railroad Bonds.

Par Value.

$43,000
Boston & Lowell R.R. 4s,
7,000
Boston & Lowell R.R. 6s,
35.000
Boston & Maine R.R. 4s,
Boston, Revere Beach & Lynn R.R. 6s, - 25,000
10.000
Fitchburg R.R. 4±s, .
.
.
.
25.000
Fitchburg R.B. 5s..............................
10.000
Boston & Maine R.R. 4|s,
$155,000

Estimated
Market Value.

$43,660
7,280
35,875
26.500
10,150
26,250
11,050

00
00
00
00
00
00
00

Amount Invested.

$43,000
7,000
34,800
25.000
10.000
25.000
10.000

00
00
00
00
00
00
00

$160,765 00 $154,800 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Kate.

Amount.

Kate.

3 per cent.
4
4*
“

$40.700 00
1,146,910 05

4| per cent.
5

Amount.

$9,493 50
28,000 00
108,000 00

Amount.

$25,400 00
80,615 00

Rate.

5^ per cent.
6

Amount invested in real estate for banking p u rp oses,....................................... $15,000 00
Estimated value of the s a m e , ..............................................................................
15,000
Assessed value of the s a m e , ........................................................................................
9,500
Net income received from same during year ending Oct. 31, 1894,
.
.
688
Number of loans which are of an amount not exceeding $3,000 each, 568
Aggregate amount of the same......................................................................................
553,388
Total number of loans upon real e s t a t e , ................................................. 614
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894.....................................................................................
94,307


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
71
05

11

No. 8.]

SAVINGS BANK COMMISSIONERS.

9

Amherst Savings Bank — Concluded.
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent., $34,893 86 1 $74,726 01
during the year ending Oct. 31, 1894,
.
. 1 2^ per cent., 39,832 15 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 577
Number o f accounts closed during the year ending Oct. 31, 1894,
. 429
Total number of open accounts Oct. 31, 1894,
.
.
.
.
4,529
Total expenses of the corporation for the year ending Oct. 31,1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year end­

4,715 71

ing Oct. 3 1 ,1 8 9 4 ,............................................................................................................
Number of s a m e , ........................................................................................ 3,471
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................ 3,176
Date of examination by commissioner : September 13.

285,838 90

286,763 86

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Numher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .
Totals,

¡1
Amount.

2,503

$44,885 55

448

35,501 77

223

34,594 10

179

63,732 89

64
54

43,911 26
63,213 33

3,471

$285,838 90

not
not
not
.
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and charltable associations, .
In trust................................

Numher.

Amount.

1,573
10

$121,501 64
2,663 21

337
74

23.697 29
26,862 05

10

R E P O R T O F TH E

[Pub. D oc.

A N D O V E R S A V IN G S B A N K — A N D O V E R .

Incorporated April 2, 1834.

Present number of corporators, 41.

M oses F o s t e r , President.
J oh n F . K i m b a l l , Treasurer.
J oh n F . K i m b a l l , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
M oses F o s t e r ,
P e t e r D. S m i t h ,
J a m e s P. B u t t e r f ie l d ,
J. T y l e r K i m 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

m .;

2 to 4

p .m .

B alance S heet October 31, 1894.

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,
.
.
.
.

L ia b il it ie s .

$324,500
80
302,425
712
757,987
11,300
1,121,018
53,952
100
34,671
5,519
14,442

00
00
00
50
50
00
64
00
00
61
81
95

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$2,626,710 01

$2,413,407 19
103,000 00
46,493 29
63,809 53

$2,626,710 01

Cash on Deposit in Banks, amount in each : —
Andover National Bank, Andover............................................................................... $8,519 81
Blackstone National Bank. B o s t o n , .....................................................................31,671 61

Loan on Public Funds : —
On $100 City of Boston 4 s , ........................................................................................

^80 00

Loans on Bank Stock, amount on each : —
On 2 shares Andover National Bank, Andover.......................................................
On 10 shares National Bank o f the Republic, B o s to n ,.......................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$200 00
512 50

No. 8 .]

11

S A Y IN G S B A N K CO M M ISSIO N ERS.

Andover Savings B a n k — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Belfast, Me., 6s, .
of Boston, Mass., 4s,
of Cambridge, Mass., 6 s,.
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., 6 s,.
of Sioux City, Iowa, 4^s, .
County of Rockingham, N. H , 4s, .
Town of Andover, Mass., 4s, .
of Melrose, Mass., 4s, .
of Peabody, Mass., 4s, .
County of Aroostook, Me., 4is,
Town of Arlington, Mass., 4s,

$17,000
50.000
2,000
75,500
11,000
4,000
25,000
80,000
21,000
3,000
15,000
10,000
5,000
26,000
10,000
10,000
10,000
$324,500

Estimated
Market Value.

$17,850
53,000
2,100
80,000
12,000
4,250
26,000
31,500
24,000
3,150
15,300
10,400
5,300
27,560
10,600
10,600
10,600

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested,

$17,000
50,000
2,000
75,500
11,000
4,000
25,000
30,000
21,000
3,000
15,000
10,000
5,000
26,000
10,000
10,000
10,000

00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0Q
00

$344,210 00 $324,500 00

* A legal investment when made.

No. oi
Shares.

Detailed Statement o f Bank Stocks.

316
40
99
27
100
84
112
100
100
50
120
300
225
100
100
100
263
6

Par Value.

Andover Nat’ l Bank, Andover,
Atlas National Bank, Boston,
Blackstone N’l Bank, Boston,
Boylston Nat’l Bank, Boston,
Continental N’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
Massachusetts N’l B’k, Boston,
Merchants’ N’l Bank, Boston,
Metropolitan N’l B’k, Boston,
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,
National Security B’k, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$31,600
$31,600
4,760
4,000
9,900
9,900
3,400
2,700
12,000
10,000
7,220
8,400
9,850
11,200
10,000 • 8,700
9,700
10,000
7,850
5,000
11,520
12,000

00
00
00
00
00
00
00
00
00
00
00

$31,600
4,000
9,900
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

38,400
36,000
8,200
8,000
11,000
25,500
1,380

00
00
00
00
00
00
00

30,000
22,500
10,000
10,000
10,000
26,300
600

00
00
00
00
00
00
00

30,000
22,500
10,000
10,000
10,000
26,300
600

12

[Pub. Doc,

E E P O E T OF TH E

Andover Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

60

Par Value.

National Union Bank, Boston,

102 Nat’l Webster Bank, Boston, .
58
41
79

110
85
50
52
18
3
50

100
50

New England N’l B’k, Boston,
North National Bank, Boston,
Old Boston N’l Bank, Boston,
Second Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,
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,

Estimated
Market Value.

5,800
4,100
7,900

$7,900
9,800
9,280
4,800
8,400

11,000

20,000

3,500
5,000
5,200
•1,800
225
5,000
7,500
5,000

4,100
4,200

$6,000

10,200

$302,425

6,000
1,580
225

10,000
10,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$6,000 00

10,200 00

5,800 00
4,100 00
7,900 00
11,000 00
3,500 00
5,000 00
5,200 00
1,800 00
225 00
5,000 00
7,500 00
5,000 00

$346,265 00 $302,425 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R R. 4s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 4^s,
Boston,Revere Beach & Lynn R R.6s,
Boston, Winthrop & Shore R.R. 5s,.
Concord & Montreal R.R. 4s, .
Conn. & Passumpsic Rivers R.R. 4s,
Danbury & Norwalk R.R. 5s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .
Maine Central R.R. 4s, .
Newport & Richford R.R. 5s, .
Old Colony R R 4s,.
Old Colonv R.R. 6s,.
Worcester & Nashua R.R. 5s, .
Worcester, Nashua & Roch. R.R. 4s,
Manchester & Lawrence R.R. 4s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

$50,000

$51,500 00

2,000

2,100 00
7,300 00
114,400 00
33,000 00
14,700 00
54,000 00
82,000 00
20,800 00
27,500 00
51,100 00
54,000 00
27,000 00
5,200 00
13,250 00
147,680 00
5,500 00
5,000 00
51,500 00
26,250 00

7,000

110,000
30,000
14,000
50,000
80,000

20,000
25,000
50,000
50,000
25,000
5,000
13,000
142,000
5,000
5,000
50,000
25,000
$758,000

Amount Invested.

$50,000 00
2,000 00
7,000 00
110,000 00
30,000 00
14,000 00
50,000 00
79,987 50
20,000 00
25,000 00
50,000 00
50,000 00
25,000 00
5,000 00
13,000 00*
142,000 00
5,000 00
5,000 00
50,000 00
25,000 00

$793,780 00 $757,987 50

* A legal investment when made.

No. 8 .]

13

S A V IN G S B A N K CO M M ISSION ERS.

Andover Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$31,671 61
20,001 00
4,500 00

Rate.

Amount.

Rate.

Amount.

Rate.

2 per cent.
4
“
4h
“

$155,302 00
193,063 50

5 per cent.
5h
“

$804,839 04
1,157 60

6 per cent.
7

Value, by books, o f 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, 1894,
Number o f loans which are of an amount not exceeding $3,000 each,
508

$11,300 00
8,600 00
341 63

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 575
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during

787,277 64

year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-law s: third Wednesday in June

124,644 32

15,000 00

and December.
Rate and amount of each semi-annual dividend f 2 per cent., $44,418 67 ) 100,806 03
during the year ending Oct. 31, 1894,
.
. I 2J percent., 56,387 36 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 616
Number of accounts closed during the year ending Oct. 31, 1894,
. 469
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
o ,688
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
/ 4,687 28
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 3,668
Amount of withdrawals, including dividends, during the year ending Oct.

325,382 09

31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................ 2,927
Date of examination by commissioner: December 13.

295,305 47

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

2,617

$50,768 93

448

36,286 52

219

34,003 57

252

90,819 33

61
71

42,503 74
71,000 00

3,668

$325,382 09

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
Of women, both adult
and minor,
Of guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

2,043
30

$178,704 55
6,609 88

41
39

2,110 84
9,092 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 i a m

G. P e c k , President.
J o se p h W . W

Present number of corporators, 31.
Joseph W . W

h it a k e r ,

h it a k e r ,

Treasurer.

Clerk o f the Corporation.

Names of committee charged with the investment of its funds
W

il l ia m

G. P e c k ,
B. D
H enry Sw an .

el m o n t

Open for business every business day, 3 p . m . to 5.30
7 to 9 p .m .

p .m .

L ocke,

; Wednesday and Saturday,

Balance Sheet October 31, 1894.

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 purposes) ...............................................
Loans on real estate, .
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,
T ax account,
.
.
.
.
Insurance account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$254,000
27,400
4,000
198,000

00
00
00
00

100 00

786,132 03
15,500
1,350
46,972
401
1,499
369
772
1,982

00
00
38
31
78
24
19
70

$1,338,479 63

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
Surplus, .
Rent account, .
Due
on mortgage
loans, .
Insurance collected,.

$1,266,836 38
42,950 62
9,633 63
4,735 92
5,252 89
516 69
4,400 00
4,153 50

$1,338,479 63

Cash on Deposit in Banks, amount in each : —
Atlantic National Bank, B o s t o n ,...............................................................................$46,972 38
Faneuil Hall National Bank, B o s to n ,.....................................................................
401 31
Loan on Bank Stock : —
On 50 shares First W ard National Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,000 00

No. 8 .]

15

SA Y IN G S B A N K COM M ISSION ERS

Arlington Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Arlington, Mass., 4s,
of Arlington, Mass., 5s,
of Chatham, Mass., 4|s,
of Methuen, Mass., 6s, .
of Wayland, Mass., 5s, .
City of Bangor, Ale, 6s, .
of Brockton, Mass., 4s, .
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s, .
of Dayton, Ohio, 5s, .
of Dayton, Ohio, 6 s,.
of Fail River, Mass., 6s, .
of Grand Rapids, Mich., 5s,
of Holyoke, Mass., 6s,
of Lewiston, Me., 5s,
of Peoria, 111., 7s,
of Portland, Me., 6s,
of Springfield, Ohio, 4^s,
of Springfield, Ohio, 5s, .
of Somerville, Mass., 5s, .
County of Hillsborough, N. H., 6s,
District of Columbia 6s, .
Town of Attleborough, Mass., 5s,
City of Chelsea, Mass., 4s,
Town of Cranston, R. I., 4s, .
of Medford, Mass., 4s, .
of Wellesley, Mass , 4s,.
of Winchester, Mass., 4s,

$22,000
13,000
8,000
1,000
2,000
2,000
2,000
1,000
9,000
12,000
24,000
5,000
2,000
20.000
5,000
1,000
13,000
20,000
12,000
16,000
19,000
10,000
3,000
5,000
1,000
2,000
10,000
10,000
4,000
$254,000

Estimated
Market Value.

$23,240
13,520
8,560
1,010
2,070
2,180
2,120
1,005
9,900
12,530
24,480
5,100
2,200
21,970
5,500
1,190
14,690
24,400
12,960
16,235
19,095
10,050
3,450
6,050
1,055
2,100
10,500
10,210
4,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$270,570 00

Amount Invested.

$22,000
13,000
8,000
1,000
2,000
2,000
2,000
1,000
9,000
12,000
24,000
5,000
2,000
20,000
5,000
1,000
13,000
20,000
12,000
16,000
19,000
10,000
3,000
5,000
1,000
2,000
10,000
10,000
4,000

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

$254,000 00

* Legal investments when made.

Ko. of
Shares.

Detailed Statement o f Bank 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.

$6,137
5,750
6,537
2,860
2,875
1,225
5,247
1,611
1,224
1,120

50
00
50
00
00
00
00
00
00
00

$34,587 00

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.
Detailed Statement o f Railroad Bonds.

Par Value.

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,
. . .
Fitchburg R.R 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 7s,
Newport & Richford R.R. 5s, .
Old Colony R.R. 4s,.
Old Colony R.R. 6s,.
Portland & Ogdensburg R R. 6s,
Portsmouth, Great Falls & Conway
R.R. 4 i s , ...................................
Salem & Lowell R.R. 6s, .
Vermont & Massachusetts R.R. 5s,.
St. Johnsbury & Lake Champlain
R.R. 6 s , ...................................

$15,000

Estimated
Market Value.

Amount Invested.

$15,225 00

$15,000 00

2,000
4,000
10,000
27,500
20,000
5,500
8,000
1,000
14,000
20,000
30,000
1,000
4,000

2,280
4,120
10,500
29,562
20,400
6,710
8,400
1,050
15,400
21,000
31,650
1,050
4,400

15,000
1,000
10,000

16,500 00
1,075 00
10,900 00

15,000 00
1,000 00
10,000 00

10,000

11,500 00

10,000 00

00
00
00
50
00
00
00
00
00
00
00
00
00

2,000
4,000
10,000
27,500
20,000
5,500
8,000
1,000
14,000
20,000
30,000
1,000
4,000

00
00
00
00
00
00
00
00
00
00*
00
00
00

$198,000 $211,722 50 $198,000 00
* A legal investment when made.

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$46,972
19,500
142.760
50,350

Bate.

38
00
36
00

2J

per cent.

H
5
5|

“
“

Amount.

$269,200 00
304,621 67
6 ,0 0 0 0 0

Rate.

5è per cent.
“

6
6|

Amount.

$ 1 ,0 0 0 00
13,450 00

7

100 00

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, 1894,
.
.
Number of loans which are of an amount not exceeding $3,000 each, 321
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 387
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ...............................................................................
Times for the dividends fixed by the b y -la w s: first Saturday in January
and July.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Rate.

6^

per cent.
“

$ 100 00
25,000 00
23,380 00
6 6 8 06
353,103 54

70,789 88

No. 8 .]

SA Y IN G S B A N K CO M M ISSIO N ERS.

Arlington Five Cents Savings B an k —

17

C onclud ed .

Rate and amount of each semi-annual dividend | 2 per cent., $23,191 02 f
during the year ending Oct. 31, 1894,
.
. t 2 per cent.,
23,320 99
Number of accounts opened during the year ending Oct. 31, 1894,
. 390
Number of accounts closed during the year ending Oct. 31, 1894,
. 307
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,909
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ),...........................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 3,382
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 2,530
Date of examination by commissioner : June 8 .

$46,512 01

5,362 69
206,650 92

194,141 76

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Totals,

N um ­
ber.

Amount.

2,666

$45,866 31

335

27,556 32

180

28,072 09

130

47,023 69

not
not
not
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

71

58,132 51

3,382

$206,650 92

N um ­
ber.
To the credit —
O f women, both adult
and minor,
Of guardians,
Of religious and charitable associations, .
In trust, .
.
.
.

Amount.

1,588
6

$88,646 63
1,228 61

35
318

1,368 37
32,462 73

18

[Pub. Doc

R E P O R T O F TH E

A T H O L SA V IN G S B A N K — A T H O L .
Incorporated Feb. 12, 1867.

Present number of corporators, 34.

A l p h e u s H a r d i n g , President.
W il 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 the committee charged with the investment of its funds :
A lph eu s H a r d in g ,
H e n r y R . St o w e l l ,
S olon W . L e e ,
L u c ie n L o r d ,
L evi B . F a y .

Open for business every business day, 9

a .m .

to 3

p .m .

B alance Sheet October 31,1894.

L ia b il it ie s .

A8SETS.

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,
.
.
.
.

$123,000
9,400
32,775
• 90,000
981,939
511,376

00
00
00
00
53

66,500
92,691
1,689
555

00
24
58
67

$1,748,491 93
74,000 00
25,559 59

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

61,876 38

88

$1,909,927 90

$1,909,927 90

Cash on Deposit in Banks, amount in each : —
National Bank of the Commonwealth, B o s t o n , ................................................. $26,894 26
Miller’s River National Bank, A t h o l , .....................................................................
20,796
Athol National Bank, A th o l,........................................................................................
10,000
Holyoke National Bank, H o l y o k e , .....................................................................
15,000
City National Bank, H o l y o k e , ...............................................................................
20,000

Loans on Bank Stock, amount on each : —
On 125 shares National Bank of the Commonwealth, Boston,
On
On
On
On

.

.

.

36 shares Athol National Bank, A t h o l , ...........................................................
8 shares Athol National Bank, Athol...................................................................
22 shares First National Bank, G a r d n e r , .................................................
150 shares Springfield Safe Deposit and Trust Company, Springfield, .

On 7 shares Miller’s River National Bank, A t h o l , ........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

98
00
00
00

$12,500 00
2,900
375
1,500
15,000

00
00
00
00

500 00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

19

Athol Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Hyde Park, Mass., 4s,
of Meriden, Conn., 6s, .
City of Chicopee, Mass., 4s,
of Cleveland, Ohio, 5s,
of Lvnn, Mass., 6s, .
of Milwaukee, Wis., 5s, .
of Newton, Mass., 5s,
of Youngstown, Ohio, 5s,
of Detroit, Mich., 4s,
United States 5s,
. . .

$1,000
4,000
8,000
20,000
5,000
00,000
10,000
20,000
25,000
10,000

Estimated
Market Value.

$1,000
4,000
8,080
21,800
5,125
20,920
11,200
21,400
27,375
12,000

00
00
00
00
00
00
00
00
00
00

Amount Invested.

$1,000
4,000
8,000
20,000
5,000
20,000
10,000
20,000
25,000
10,000

00
00
00
00
00
00
00
00
00
00

$123,000 $132,900 00 $123,000 00

Detailed Statement o f Bank Stocks.
<♦-

03
O CU
Ô oj

7
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.

$700
1,000
5,000
2,700

$700
1,310
4,150
4,725

00
00
00
00

$9,400

$10,885 00

Amount Invested.

$700
1,000
5,000
2,700

00
00
00
00

$9,400 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Maine R.R. 4s, .
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.

$25,000
25.000
20.000
20,000

$25,500
26,000
19,700
21,800

00
00
00
00

$90,000

$93,000 00

Amount Invested.

$25,000
25.000
20.000
20,000

00
00
00
00

$90,000 00

20

R E P O R T O F TH E

[Pub. D oc

Athol Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

Kate.

Amount.

per cent.
“
31
«

$367,300 00
47,000 00
109,800 00

Amount.

$47,691 24
45,000 00
4,800 00

2

3

Kate.

4
44
4

*

per cent.
“
“

Amount.

Rate.

$25,000 00
781,192 61
257,498 80

4| per cent.
5
6

Number of loans which are o f an amount not exceeding $3,000 each, . 356
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 434
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: January 1 and July 1.
Rate and amount of each semi-annual dividend ( 2 per cent., $32,731 43
during the year ending Oct. 31,1894,
.
. 1 2 per c en t, 33,135 95
Number of accounts opened during the year ending Oct. 31, 1894,
. 643

$370,410 96

92,151 15

J

65,867 38

Number of accounts closed during the year ending Oct. 31, 1894,
. 592
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
5,070
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
....................................................................
.
.
.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

280,259 02

Number of s a m e , ........................................................................................ 2,719
Amount of withdrawals, including dividends, during the year ending Oct.
31,1894,
.
..................................................................................................

279,892 80

5,445 34

Number of s a m e , ........................................................................................ 3,381
Date of examination by commissioner: February 20.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

1,844

$36,233 58

356

29,971 92

183

29,450 66

214

80,801 44

60
62

41,102 63
62,698 79

2,719

$280,259 02

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

Num ­
ber.

Amount.

1,248
9

$123,267 34
4,117 58

51
31

5,726 74
6,362 66


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

[Pub. D oc

R E P O R T O F TH E

22

Attleborough Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Brookline, Mass., 5 s,.
City of Youngstown, Ohio, 5s,
Town of Brunswick, Me., 4s, .
City of Des Moines, Iowa, 4|s,

$9,000
10,000
8,000
3,000
$30,000

Estimated
Market Value.

$9,642
10,673
8,214
3,179

Amount Invested.

$9,000
10,000
8,000
3,000

60
00
70
10

00
00
00
00

$30,000 00

$31,709 40

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

61
50

Par Value.

First N’l Bank, Attleborough,
Boston National Bank, Boston,

Estimated
Market Value.

Amount Invested.

$6,100
5,000

$8,113 00
5,000 00

$6,100 00
5,000 00

$11,100

$13,113 00

$11,100 00

Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
St. Johnsbury & Lake Champlain
R.R. 5 s,...........................................

Estimated
Market Value.

Amount Invested.

$25,000
80,000

$24,697 50
84,098 50

$23,750 00
81,750 00

25,000

28,750 00

25,000 00

$130,000 $137,546 00

$130,500 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Kate.

Amount.

$14,2(12 95
111,500 00
45,000 00

2

4
41


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

per cent.
“
«

Kate.

Amount.

$25,000 00
159,920 00
56,676 95

4£ per cent.
5
«
5h

“

Rate.

Amount.

$7,000 00
546,229 07
42,500 00

5| per cent.
6

7

“

No. 8 .]

S A Y IN G S

B A N K COM M ISSION ERS.

23

Attleborough Savings Bank — Concluded.
Value, by books, o f 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, 1894,
.
.
Number of loans which are of an amount not exceeding $3,000 e ach ,. 313
Aggregate amount of the s a m e , ...............................................................................
Total number o f loans upon real e s t a t e , ................................................. 324
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-law s: Tuesday after second Mon­
day in April and October.
Rate and amount of each semi-annual dividend ( 2^ per cent., $25,874 82 2
during the year ending Oct. 31, 1894,
.
. 2 2 percent., 21,437 8 6 )
Number o f accounts opened during the year ending Oct. 31, 1894,
. 476
Number o f accounts closed during the year ending Oct. 31, 1894,
. 439
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,479
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of ta x e s ),...........................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of same.............................................................................................. 2,631
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 2,906
Date of examination by commissioner : June 12.

$29,501 41
18,000 00
1,307 38
461,531 07

61,990 84

^

gg
’

3,420 10
242,893 75

211,240 89

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Number.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,798

$37,567 59

389

30,963 55

170

22,564 18

168

59.S33 11

71
35

45,965 32
46,000 00

2,631

$242,893 75

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Number.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

1,012
13

$92,043 18
2,944 55

125
180

6,699 69
33,877 78

24

R E P O R T O F TH E

[Pub. D oc.

B A R R E S A V IN G S B A N K — B A R R E .
Incorporated'May 1, 1869.

Present number of corporators, 45.

J. H e n r y G o d d a r d , President.
F rank A . R

F rank A . R
ic h ,

ic h ,

Treasurer.

Clerk o f the Corporation.

Names of committee charged with the investment o f its funds:
E st es H a w e s ,
Or a m e l Cl a r k ,
Ch as. H . F o llansby,
J. H en ry Go d d ar 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 .

a .m .

to 12

m

; 1 to 4

p .m .;

Balance Sheet O ctober 31, 1894.

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,
Deposits in banks, on interest, .
Deposit in bank, not on interest, .
Expense account,
Suspense account,
Building account,

L ia b il it ie s .

$88,766 00
5,880 00
6,060 00
1,575
5,982
390,665
74.000

00
82
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .

$566,798 05
15,000 00
3,287 45
14,235 77

2 0 .0 0 0 00

3,075
600
15
2,700

87
76
82
00

$599,321 27

$599,321 27

Cash on Deposit in Banks, amount in each: —
First National Bank, B a r r e ,.......................................
Hampshire County National Bank, Northampton,

$8,075 87
15,000 00

Loans on Bank Stock, amount on each: —
On 20 shares First National Bank, Barre,
On 7 shares First National Bank, Barre,
On 1 share First National Bank, Barre,
On 40 shares First National Bank, Northampton, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,500
500
80
3,800

00
00
00

00

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

25

Barre Savings Bank — Continued.

1 No. of I
JShares, j

Detailed Statement o f Bank Stocks.

55
28
62
20
17
25
41
32
46
25
9
34
20
30
60
50
7
52
21
50
20

Par Value.

First National Bank, Barre, .
Blackstone N’l Bank, Boston,.
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
First National Bank, Boston, .
N’l B'k of Commerce, Boston,
N’l B’k of Redemption, Boston,
N*1 Hide & Leather B’k, Boston,
Nat’l Revere Bank, Boston,
Second Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’ l Market Bank, Brighton,
Ware National Bank, Ware, .
Central N’l Bank, Worcester,
Citizens’ N’l Bank, Worcester,
City Nat’l Bank, Worcester, .
First Nat’l Bank, Worcester, .

$5,500
2,800
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
$70,400

Estimated
Market Value.

$5,500
2,800
6,448
2,440
1,955
3,275
9,635
3,680
5,635
2,687
855
6,120
1,800
3,000
5,280
4,462
770
7,540
2,730
7,250
3,110

00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
50
00
00
00
00
00

$86,973 00

Amount Invested.

$6,325
2,905
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

$88,766 00

Detailed Statement o f Railroad Bonds.

Par Value.

Eastern R.R. 6s,
Rutland R.R. 5s,

.
.

.
.

.
.

Estimated
Market Value.

Amount Invested.

$5,000
1,000

$6,100 00
1,010 00

$5,200 00
860 00

$6,000

$7,110 00

$6,060 00

Total Amount o f Loans, with Earh Specified Rate o f Interest.
Amount.

$5,000 00
15,000 00
44,500 00

Kate.

2 per cent.
3
4
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$13,800 00
11,500 00
69,300 00

Rate.

Amount.

Kate.

4£ per cent.
5
“
H
“

$222,650 00

5è per cent.
5|
“
6
“

6 ,2 0 0 00

102,595 00

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 p u rp o se s,....................................... $ 1,575 00
Estimated value of the same......................................................................
Assessed value of the s a m e ,....................................................................

1,575
975

00

Net income received from same during year endingOct. 31, 1894,
.
.
Value, by books, o f other real estate held or owned by foreclosure or
o t h e r w i s e ,.................................................................................................
5,982
Assessed value of the s a m e , ....................................................................
5,000
Net income received from same during year endingOct. 31, 1894,
.
.
Number of loans which are of an amount not exceeding $3,000 each, 119
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 140
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, 1894.........................................................................

76 07

00

82
00
30 03
133,945 00
4,782 82
29,352 73

Times for the dividends fixed by the by-la w s: January 15 and July 15.
Rate and amount of each semi-annual dividend) 2^ per cent , $11,275 67 )
during the year ending Oct. 31, 1894,
.
. c 2| per cent., 11,699 44 i
Number of accounts opened during the year ending Oct. 31, 1894, .
210
Number of accounts closed during the year ending Oct. 31, 1894, .
125
Total number of open accounts Oct. 31, 1 8 9 4 , .......................................
1,486
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f ta x e s),..................................................................................................................
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 877
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ..........................................................................................................................
Number of s a m e , .................................................................................................. 806
Date of examination by commissioner: September 14.

22 975 11
’

2,03924
109,403 71

82,54883

Classification o f Deposits received during the Year ending Oct. 31, 1894.
Number.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

530

$10,426 40

136

11,361 48

79

12,661 91

71

24,617 22

32
29

21,336 70
29,000 00

877

$109,403 71

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

403

$46,870 98

6
27

560 66
4,390 51

No. 8 .]

27

S A Y IN G S B A N K COM M ISSION ERS.

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.
H

ir a m

Present number of corporators, 34.

L o r in g , President.

D a v id D . K

elley,

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 fund s:
St e p h e n W in g ,
D a v id K e l l e y ,
E l k a n a h Cr o w e l l .

O b e d B a k e r , 3d,
P eleg P . A ik e n ,
H ir a m L o r in g ,

Open for business every business day, 2 to 4 o ’clo ck

B alance

Sh eet

O ctober

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,.
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, not on inter­
est, .................................................
Stock of Borden City Manufactur­
ing C o . , * .......................................
Stock of Sagamore Manufactur­
ing C o . , * ........................................
Cash on hand,
.
.
.
.

$44,792
78,236
950
34,150
8,895
295,259
119,253

85
35
00
00
13
76
57

Deposits, .
Guaranty fund,
Profit and loss
count, .
.

$640,188 45
17,964 41
ac­
2,388 15

16,100 00
775 00
28,916 95
4,807 96
5,209 40
5,208 28
17,985 76
$660,541 01

$660,541 01

* Taken to secure indebt edness.

Cash on Deposit in Banks, amount in each: —
Lincoln National Bank, B o s t o n , ...............................................................................$11,627 34
Manufacturers’ National Bank, Boston,
.
.
.
.
.
.
.
6,066 25
Maverick National Bank, Boston.................................................................................
350 75
First National Bank, Y a r m o u t h ,...............................................................................
4,457 21
First National Bank, H y a n n i s , ................................................................................

11,223 36

Loans on Bank Stock, amount on each : —
On 2 shares Cape Cod National Bank, Harwich, .
On 17 shares First National Bank, Yarmouth,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

850 00

[Pub. D oc

R E P O R T O F TH E

28

Bass River Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Beverly, Mass., 4s,
of Clinton, Mass., 4s,
City of Columbus, Ohio, 4s,
of Lowell, Mass., 4s,
of Providence, R. I., 5s,
Town of Spencer, Mass., 4s,

.

.
.

Estimated
Market Value.

$5,250
5,193
10,000
3,150
10,911
10,525

$5,000
5.000
10,000
3.000
10,000
10,000
$43,000

00
00
00
00
00
00

$45,029 00

Amount Invested.

$5,000
5.000
10,000
3.000
11,442
10,350

00
00
00*
00
85
00

$44,792 85

* A legal investment when made.

Detailed Statement o f Bank Stocks.
»

o
o 5
fc 55

7
73
63
25
15
13
50
5
21
50
10
25
50
30
55
50
30
56
20
24
12

Par Value.

Old Boston Nat’l B’k, Boston,.
Tremont Nat’l Bank, Boston, .
Everett Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Market National Bank, Boston,
N’l B’k of the Republic, Boston,
Blackstone Nat’l Bank, Boston,
Eagle National Bank, Boston,
Manufacturers’ N’l B’k, Boston,
Suffolk Nat’l Bank, Boston, .
Second Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Faneuil Hall N’l B’k, Boston, .
N'l B’k of Redemption, Boston,
Atlas National Bank, Boston, .
Merchants’ Nnt’l B’k, 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

$700
7,300
6,300
2,500
1,500
1,300
5,000
500
2,100
5,000
1,000
2,500
5,000
3,000
5,500
5,000
3,000
5,600
2,000
2,400
1,200
$68,400

Estimated
Market Value.

$731
6,424
5,240
2,881
1,740
1,105
7,950
500
1,680
5,000
1,000
4,500
6,312
3,120
7,191
6,125
3,510
5,934
2,410
3,480
1,560

50
00
00
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$78,393 75

Amount Invested.

$756
7,780
6,615
2,750
1,770
1,300
5,749
500
2,205
5,241
1,000
3,258
5,927
3,270
6,765
6,500
3,660
7,280
2.000
2,400
1,508

00
00
00
00
00
00
88
00
00
80
00
00
00
00
00
00
00
00
00
00
67

$78,236 35

No. 8 .]

S A Y IN G S B A N K COM M ISSIONERS

29

Bass River Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Old Colony R.R. 6s,.
Vermont & Massachusetts R.R. 5s,

Estimated
Market Value.

$20,000
5.000
3.000
5.000

$19,720
5,193
3,049
5,924

$33,000

$33,886 82

Amount Invested.

00
00
20
62

$20,600
5.000
3.000
5,550

00
00
00
00

$34,150 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$28,916 95
25,000 00
40,900 00

Kate.

2

4
4i

per cent.
“
“

Amount.

$13,000 00
112,225 00
1,500 00

Rate.

4 f per cent.
5
«
5|
“

Amount.

$32,012 04
204,016 79
3,684 50

Kate.

5£ per cent.
“
7
6

Value, by books, of real estate held or owned by foreclosure or otherwise,
$8,895 13
Assessed value of the s a m e , ........................................................................................
9,850 00
Net income received from same during year ending Oct. 31,1894,
.
82 00
Number of loans which are o f an amount not exceeding $3,000 each,
664
Aggregate amount of the s a m e , ..............................................................................
225,937 04
Total number of loans upon real e s t a t e , ................................................. 273
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
29,856 19
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend] 2 per cent., $11,939 89 1
j - q g_
during the year ending Oct. 31, 1894,
.
. I 1^ per cent.,
9,210 98 i
’ °
Number of accounts opened during the year ending Oct. 31, 1894,
. 257
Number of accounts closed during the year ending Oct. 31, 1894,
. 177
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,156
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
2,970 70
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
98,858 33
Number o f s a m e , ................................................................................................. 959
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of same.............................................................................................. 1,254
Date of examination by commissioner : September 10.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

95,933 30

30

R E P O R T O F TH E

Bass River Savings Bank

[Pub. D oc

— C onclud ed .

Classification o f Deposits received during the Year ending Oct. 31, 1894.
Numher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Humher.

Amount.

581

$12,597 97

157

13,440 01

97

15,202 49

88

27,740 82

21
15

14,871 04
15,000 00

959

$98,858 33

not
not
not
less

To the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and charitable associations, .
In trust................................

401

1
1
81

Amount.

$36,101 86
294 04
70 00
5,450 58

No. 8 .]

o 1

S A Y IN G S B A N K COM M ISSION ERS.

OI

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 a r n u m F l e t c h e r , President.

W

in t h r o p

L . C h e n e r y , Treasurer.

T h o m a s W . D a y i s , Clerk o f the Corporation.

Names o f committee charged with the investment of its funds:
J. V a r n u m F l e t c h e r ,
F r e d e r ic D o d g e ,
J. 0 . W

G u stavu s C. H o l t ,
J. Lucius E l l i s ,
e l l in g t o n .

Open for business Wednesdays, 4 to 6 and 7 to 8

f.m .

B alance Sheet October 31, 1894.

A ssets.

L ia b il it ie s .

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,
Expense account,
Cash on hand....................................

8,000
7,059
5,000
20,000
73,286
825
4,462
5
609

$

00
37
00
00
60
00
09
83
65

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$119,248 54

$116,093 56
1,300 00
1,679 00
175 98

$119,248 54

Cash on Deposit in Bank : —
Faneuil Hall National Bank, B o s t o n ,.....................................................................$4,462 09
Loan on Bank Stock : —
On 80 shares Traders’ National Bank, B o s t o n , ................................................. $5,000 00

Detailed Statement o f Public Funds.

Par Vaine.

City of Chicago, 111., 4s, .
Town of Winchester, Mass., 4s,
of Beabody, Mass., 4», .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

*

Estimated
Market Value.

Amount Invested.

$5,000
1,000
2,000

$5,100 00
1,030 00
2,160 00

$5,000 00*
1,000 00
2,000 00

$8,000

$8,290 00

$8,000 00

A legal investment when made.

[Pub. Doc

REPORT OF THE

32

Belmont Savings Bank — Continued.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

l’ ar Value.

Blackstone Nat’l Bank, Boston,
Faneuil Hall N’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
10 Howard Nat’l Bank, Boston, .
3 N’l Hide & Leather B’k, Boston,
2 Nat’l Webster Bank, Boston, .
5 South End N’l Bank, Boston, .
10 Third Nat’l Bank, Boston,

3
24
3

Estimated
Market Value.

Amount Invested.

1,000

00
00
00
50
50
200 00
390 00
897 50

$325 00
3,223 50
319 50
1,120 00
361 50
214 25
500 00
995 62

$6,000

$6,470 50

$7,059 37

$300
2,400
300

1,000
300

200
500

$300
3,138
255
967
322

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .
Upper Coos R.R. 4is,
Boston & Maine R.R. 4|s,

Estimated
Market Value.

3,000

00
00
00
00
2.100 00
3,315 00

$20,000

$21,195 00

$1,000
4.000
5.000
5.000

2.000

Amount Invested.

$1,000
4.000
5.000
5.000

00
00
00
00
2.000 00
3,000 00

$1,020
4.100
5,310
5,350

$20,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Eate.

Amount.

$4,462 09
17,000 00

2

5

per cent.

Amount.

$14,200 00

Eate.

5^ per cent.

Eate.

Amount.

$47,911 60

6

per cent.

“

Number o f loans which are of an amount not exceeding $3,000 each,

46

Aggregate amount o f the same...................................................................................... $60,711 60
Total number of loans upon real e s t a t e , ................................................. 49
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , .......................................................................................
5,610 13
Times for the dividends fixed by the b y-law s: third Wednesday in January
and July.
Rate and amount of each semi-annual dividend f 2 per cent., $1,905 04 )
during the year ending Oct. 31, 1894, .
.
1 2 per cent., 2,087 87 >


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3992

91

No. 8.]

SAYINGS BANK COMMISSIONERS.

33

Belmont Savings Bank — Concluded.
Number o f accounts opened during the year ending Oct. 31, 1894,
. 84
Number o f accounts closed during the year ending Oct. 31, 1894,
. 36
Total number of open accounts Oct. 31, 1 8 9 4 , ....................................... 5 7 4
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
...................................................................................................

$367 98

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................

30,460 06

Number of s a m e , ............................................................................................. 560
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

18,556 53

Number of s a m e , .............................................................................................215
Date of examination by commissioner : January 12.

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .

450

$7,354 98

63

5,264 44

23

3,377 00

12

4,423 32

7
5

5,040 32
5,000 00

560

$30,460 06

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

227

$15,278 37

8
22

572 92
3,212 12

[Pub. Doc

REPORT OF THE

34

BENJAMIN FRANKLIN SAVINGS BANK — FRANKLIN.
Incorporated Feb. 1, 1871.

Present number of corporators, 39.

D a v is T h a y e r , Jr., President.
C h a r l e s W . S t e w a r t , Treasurer.
C h a r l e s W . S t e w a r t , Clerk o f the Corporation.

Names of committee charged with the investment of its funds
Ja m e s M . F r e e m a n ,
A . H . M o rse,
C. J. M cK e n z i e .

D a v is T h a y e r , Jr.,
J o se p h G . R a y ,
E . P. C h a p m a n ,

Open for business every business day, 9

a .m .

to 12

m .,

1 to 4 p .m .

B alance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
F u r n itu r e ,.......................................
Cash on hand,
.
.
.
.

$12,115
45,566
40,500
42,450
21,934
192,342
134,273
12,516
2,794
435
968
3,104

00
77
00
00

Deposits, .
Guaranty fund,
Interest account,

66

50
67
52
65
05
68

19

$509,001 69

$509,001 69

Cash on Deposit in Banks, amount in each : —
Franklin National Bank, Franklin,
Traders’ National Bank, Boston, .
Maverick National Bank, Boston,
International Trust Company, Boston,

$2,779
2,106
15
10,410

Loans on Bank Stock, amount on each: —
On 200 shares Fourth National Bank, Boston, .
On 150 shares Traders’ National Bank, Boston................................
On 160 shares Traders’ National Bank, Boston, .
.
.
.
On 40 shares Producers’ National Bank, Woonsocket, R. I.,
* Not a legal depository for savings banks’ funds.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$465,569 60
23,400 82
20,031 27

03
44
62
08*

$ 20,000 00
10,000 00
10,000 00
500 00

Deposit has been withdrawn.

No. 8.]

35

SAYINGS BANK COMMISSIONERS

Benjamin Franklin Savings Bank — Continued.
Detailed ¡Statement o f Public Funds.

Par Value.

Estimated
Market Value.

10,000

$2,160 00
10,250 00

$12,000

$12,410 00

$2,000

City of Bath, Me., 6s,
of Cleveland, Ohio, 5s,

Amount Invested.

$1,815 00*
10,300 00
$12,115 00

* A legal investment when made.

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

14 Columbian Nat’l B’k, Boston, .
5 Continental Nat’l B’k, Boston,.
27 N’l B’k of Commerce, Boston,.
70 Eliot National Bank, Boston, .
30 Hamilton Nat’l B’k, Boston, .
25 Howard Nat’l Bank, Boston, .
9 N’l Hide & Leather Bk, Boston,
10 Market Nat’l Bank, Boston, .
15 N’l B’k of No. America, Boston,
16 National Revere Bank, Boston,
8 Shoe & Leather N’l Bk, Boston,
31 Tremont Nat’l Bank, Boston, .
23 Washington Nat’l Bk, Boston,
75 Franklin Nat’l Bank, Franklin,
12 Wrentham N’l Bk, Wrentliam,

$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

Estimated
Market Value.

$1,452
575
3,105
9,170
3,315
2,418
967
850
1,708
1,524
722
2,728
2,507
8,250
960

50

Amount Invested.

75
50

$1,845
620
3,456
8,887
3,790
2,902
1,032

00

1,100

25

1,680
1,776
1,137
3,902
3,266
8,932
1,239

00
00
00
00

00
00
00
00
00
00

$40,253 00

00
00
00
50
00
50
75
00
00
00
00
37
00
65
00

$45,566 77

Detailed Statement o f ¡Railroad Bonds.

Par Value.

Fitchburg R.R. 4^s, .
.
.
Maine Central R R. 5s, .
Boston & Maine R.R. 4^s,
Upper Coos R.R. 4^s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$10,000

10,000
10,000
10,000
$40,000

Estimated
Market Value.

$10,075
10,487
11,050
10,500

00
50
00
00

$42,112 50

Amount Invested.

$10,075
10,775
10,900
10,700

00
00
00
00

$42,450 00

36

REPORT OF THE

[Pub. Doc.

Benjamin Franklin Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$12,516 52
107,500 00

Kate.

Amount.

2 ^ per cent.
4£ per cent.

$93,850 00
2,500 00

Kate.

Amount.

5 per cent.
5¿ per cent.

$163,266 17

Rate.

6

per cent.

Yalue, by books, of real estate held or owned by foreclosure or otherwise,
$ 2 1 ,9 3 4 66
Assessed value of the s a m e ,.........................................................................................
23,050 00
Net income received from same during year ending Oct. 31, 1894,
. .
310 00
Number of loans which are o f an amount not exceeding $3,000 each, . 270
Aggregate amount of the s a m e , ...............................................................................176,816 17
Total number of loans upon real e s t a t e , ....................................... . 210
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 4 , .....................................................................
Times for the dividends fixed by the by-laws : first Monday in January
and July.
Rate and amount o f each semi-annual dividend j 2 per cent., $8,722 91 1
during the year ending Oct. 31, 1894,
.
. 2 per cent., 8,816 82 J
Number of accounts opened during the yearending Oct. 31, 1894,
. 234
Number of accounts closedduring the year ending Oct. 31, 1894,
. 211
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,978
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes).............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ................................................................................ 1,430

I

26,539 91

7

1,885 06
87,033 03 '

Amount of withdrawals, including dividends, during the year ending Oct.
31> 189b
.....................................................................................................................
Number of s a m e , .................................................................................1282
Date of examination by commissioner: February 1.

98,145 09

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

1,091

$21,479 88

188

15,339 07

73

11,421 52

57

21,125 48

13
8

9,079 38
8,587 70

1,430

$87,033 03

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

607
1

$35,903 64
450 00

36
77

4,222 21
5,068 21

No. 8.]

SAYINGS BANK COMMISSIONERS

37

BERKSHIRE COUNTY SAVINGS BANK —PITTSFIELD.

Incorporated Feb. 2, 1846.

Present number of corporators, 42.

J o se p h T u c k e r , President.
R o b e r t W . A d a m , Treasurer.
W i l l i a m L . A d a m , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
W

il l ia m

H . Sl o a n ,

C harles W . K

R obert W . A

dam ,

ellogg,

L evi

A lexan der K ennedy,
A . Stev en s.

Open for business every business day, 9

a .m .

to 3

p .m .

B alance Sheet October 31, 1894.

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 purp o s e s ) , .......................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).............................................
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$741,000
5,000
187,000
19,930
256,000
450

00
00
00
00
00
00

Deposits, .
Guaranty fund,
Profit and loss
count, .

$3,119,248 92
1 2 0 ,0 0 0 00

ac19,987 45

63,447 72
1,678,787 00
192,100 00
55,250
21,036
35,212
2,975
1,046

00
86
88

18
73

$3,259,236 37

$3,259,236 37

Cash on Deposit in Banks, amount in each : —
Agricultural National Bank, Pittsfield,.....................................................................$12,306 54
Pittsfield National Bank, Pittsfield..............................................................................
11,354
Third National Bank, P it t s f i e ld ,...............................................................................11,551 65
National Revere Bank, B o s t o n , ..............................................................................
6,036
Springfield National Bank, S p r i n g f i e l d , ...........................................................
10,000
Pynchon National Bank, Springfield...........................................................................
5,000


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

69
86

00
00

[Pub. Doc

REPOET OF THE

38

Berkshire County Savings Bank — Continued.
Loan on Public

Funds

:—

On $5,000 United States 4 s , ........................................................................................ $5,000 00

Loans on Bank Stock, amount on each: —
On 40 shares Housatonic National Bank, Stockbridge,
.
.
.
.
On 10 shares Pittsfield
National Bank,P i t t s f i e l d , .....................
On 12 shares Pittsfield
National Bank,P i t t s f i e l d , .....................
On 7 shares Lee National Bank, L e e , ................................................. .........
.
On 24 shares Pittsfield
National Bank,P i t t s f i e l d , .....................
On 13 shares Pittsfield
National Bank,P i t t s f i e l d , ......................
On 20 shares Third National Bank, P i t t s f i e l d , .................................................
On 20 shares Pittsfield National Bank, Pittsfield...................................................
On 60 shares Third National Bank, P i t t s f i e l d , .................................................
On 20 shares Pittsfield National Bank, P i t t s f i e l d , .......................................
On 10 shares Third National Bank, P i t t s f i e l d , .................................................
On 5 shares Berkshire National Bank, North A d a m s ,.......................................

$1,800
800
1,200
580
2,400
1,300
2,000
700
6,000
2,000
1,000
150

00
00
00
00
00
00
00
00
00
00
00
00

Loan on Railroad Stock : —
On 6 shares New York, New Haven & Hartford R .R .........................................

$450 00

Detailed Statement o f Public Funds.

Par Value.

Town of Braintree, 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., 4s,
of Columbus, Ohio, 4s,
of Dayton, Ohio, 4s,
of East Providence, R. I., 5s, .
of Keene, N H., 4s, .
of Lowell, Mass., 4s,
of Lynn, Mass., 4s, .
of Milwaukee, Wis., 7s, .
of New Bedford, Mass , 4s,
of Newton, Mass., 4s,
of Pawtucket, R. I., 5s, .
of Peoria, 111,, 4s,
of Peoria, 111., 5s,
of Pittsfield, Mass., 4s,
of Springfield, Ohio, 6s, .
of Taunton, Mass ,4s,
State of New Hampshire 6s, .
City of Grand Rapids, Mich., 4JS, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$22,000
75,000
30,000
35,000
18,000

12,000
42,000
50,000
90,000
15,000

Estimated
Market Value.

$22,880
78,000
30,150
36,050
18,180
12,720
45,780
50,000
90,000
15,375

20,000

20,100

50,000
25,000
5,000
25,000
30,000

50,750
26,375
5,150
25,500
31,500
20,800
15,000
31,800
46,350
26,750
27,675

20,000
15,000
30,000
45,000
25,000
27,000

10,000

11,000

25,000

27,000

$741,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested,

$22,000
75,000
30,000
35,000
18,000

12,000
42,000
50,000
90,000
15,000

20,000
50,000
25,000
5,000
25,000
30,000

20,000
15,000
30,000
45,000
25,000
27,000

10,000
25,000

00
00
00
00
00
00*
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$764,885 00 $741,000 00

* Legal investments when made.

No. 8.]

SAYINGS BANK COMMISSIONERS

39

Berkshire County Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

45
109
27

100
32
125

100
60
80
25

120
53
105
35
70

20
57

100
70

20
70

11
35

101
10
50

100
20
25

10
50
35

Tar Value.

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,
National 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 Nat’l Bank, Boston,
National Bank of the Com­
monwealth, Boston,
First Nat’l Bank, Chicopee,
Hadley Falls N'l B’k, Holyoke,
Lee National Bank, L ee,.
Adams N’l Bank, No. Adams,
Agricultural N’l B’k, Pittsfield,
Pittsfield N’l Bank, Pittsfield,
Agawam N’l B’k, Springfield,
Chapin N’l Bank, Springfield,
Chicopee N’l B’k, Springfield,
First Nat'l Bank, Springfield,
John Hancock National Bank,
Springfield, .
.
.
.
Ilousatonic National Bank,
Stockbridge,
Springfield N’l B’k,Springfield,
Third Nat’l Bank, Pittsfield, .

$4,500
10,900
2,700

Estimated
Market Value.

Amount Invested.

$5,523
12,753
2,700
10,400
3,096
19,718
15,900
6,900
6,660
2,687
11,400
5,154
16,590
4,016
12,950
2,320
13,566

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$4,500 00
10,900 00
2,700 00
10,000 00
3,200 00
12,500 00
10,000 00
6,000 00
8,000 00
2,500 00
12,000 00
5,300 00
10,500 00
3,500 00
7,000 00
2,000 00
5,700 00

13,025
9,800
3,100
9,450
1,320
8,750
13,130

00
00
00
00
00
00
00
00
00
00
00

10,000 00
7,000 00
2,000 00
7,000 00
1,100 00
3,500 00
10,100 00
1,000 00
5,000 00
10,000 00
2,000 00

2,500

3,125 00

2,500 00

1,000

1,600 00
6,250 00
7,000 00

1,000 00
5,000 00
3,500 00

10,000
3,200
12,500

10,000
6,000
8,000
2,500

12,000
5,300
10,500
3,590
7,000

2,000
5,700

10,000
7,000

2,000
7,000

1,100
3,500

10,100
1,000
5,000

10,000
2,000

5,000
3,500
$187,000

1,000
7,500
15,800
2,400

$255,583 00 $187,000 00

Detailed Statement o f Railroad Bonds.

Par Value.

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

Estimated
Market Value.

Amount Invested.

$51,000 00
11,550 00
25,500 00

$50,000 00
11,000 00
25,000 00

[Pub. Doc.

KEPOKT OF THE

40

Berkshire County Savings Bank — Continued.
Detailed Statement of Railroad Bonds— Concluded.
Par Value.

Vermont & Massachusetts R R. 5 s ,.
Worcester, Nashua & Rochester
R.R. 4s,...........................................
Boston & Maine R.R. 4is,
Conn. & Passumpsic Rivers R.R. 4s,
Portland & Rumford Falls R.R. 5s, .

$25,000

10,000
75.000
35.000
25.000

Estimated
Market Value.

Amount Invested.

$27,000 00

$25,000 00

10,150
82,500
36,050
25,000

00
00
00
00

10,000 00
75.000 00
35.000 00
25.000 00

$256,000 $268,750 00 $256,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$6,036 86
15,000 00
5,000 00

Rate.

2

3
34

per cent.
“
“

Amount.

$50,250 00
1 0 0 ,0 0 0 00

Rate.

Amount.

Rate.

4 per cent.
44
“

$1,792,867 00
3,400 00

5 per cent.
6
“

Amount invested in real estate for banking p u rp ose s,........................................
Estimated value o f 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,
631
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 703
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent., $59,598 54 1
during the year ending Oct. 31, 1894, .
.
1 2 per c e n t, 68,909 42 J
Number of accounts opened during the year ending Oct. 31, 1894,
1,325
Number of accounts closed during the year ending Oct. 31, 1894, .
1,416
Total number of open accounts Oct. 31, 1894,
.
.
.
.
10,027
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .........................................................................................7,597
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ..................................................................... .........
.
8,105
Date of examination by commissioner: M ay 29.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$63,447 72
63,447 72
40,000 00
777,887 00

154,119 96

118,507 96

9,639 30
516,800 83

619,261 02

No. 8.]

41

SAVINGS BANK COMMISSIONERS

Berkshire County Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Num ­
ber.

Amount.

5,554

$111,923 02

1,113

91,565 30

not
not
445

71,240 29

330

115,406 29

103
52

72,436 23
54,229 70

7,597

$516,800 83

not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

3,984
17

$259,087 89
4,484 77

102
60

13,166 94
8,120 09

42

REPORT OF THE

[Pub. Doc.

BEVERLY SAVINGS B ANK — BE VERLY.
Incorporated Feb. 23, 1867.

Present number of corporators, 62.

R o b e r t 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:
A u g u stu s N . C l a r k ,
G eorge B u t m a n .

R o b e r t R . E n d ic o t t ,
S a m u e l J. F o s t e r ,

Open for business every business day, 8.30

a .m .

to 1.30

p .m.

Balance Sheet October 31, 1894.

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,
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, not on interest,
Expense account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$35,000
211,510
23,500
108,000
65.000
35.000

00
00
00
00

00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count,

$1,747,282 35
50,298 52
3,493 21
4,413 86

2 0 .0 0 0 00

6,276 40
652,734 89
597,321 67
700
1,025
47,060
141
2,217

00

00
25
89
84

$1,805,487 94

$1,805,487 94

Cash on Deposit in Bank : —
Beverly National Bank, B e v e r ly ,.....................................................................

$47,060 25

Loans on Bank Stock, amount on each: —
On 15
On 10
On 25
On 21
On 24

shares
shares
shares
shares
shares

Beverly National Bank, B e v e r l y , .......................................
Gloucester Safe Deposit and Trust Company, Gloucester,
Beverly National Bank, Beverly..............................................
Beverly National Bank, B e v e r l y , ........................................
First National Bank, S a l e m , .................................................

On 270 shares Traders’ National Bank, Boston.............................................

$ 2 ,0 0 0 00
2,500 00
2 ,0 0 0 00
2 ,0 0 0 00

15,000 0 0

Loans on Railroad Bonds, amount on each: —
On $26,000 Boston & Maine R .R . 4 s , ...........................................................
On $48,000 Providence & Springfield R .R . 5 s , .......................................

$25,000 0 0
40,000 00

Loan on Railroad Stock: —
On 323 shares Boston & Maine R . R . , ...........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$35,000 00

No. 8.]

SAVINGS BANK COMMISSIONERS

43

Beverly Savings Bank— Continued.
Detailed ¡Statement o f Public Funds.

Par Value.

Town of Beverly, Mass., 4s,

.

$35,000

Estimated
Market Value.

$36,400 00

Amount Invested.

$35,000 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

200
100
66
100
58
75
30
75

20
57
73
80

100
20
20
50
50
61
50
50
50

100
50
33
60
50
18
177
87
71
67
28
60
67

Par Value.

Beverly Nat’l Bank, Beverly,
Atlas National Bank, Boston,
Blaekstone N’l Bank, Boston,
National City Bank, Boston, .
Continental N’l Bank, Boston,
National Eagle Bank, Boston,
Nat’l Exchange Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
N’ l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
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 Redemption, Boston,
N’l B'k of the Republic, Boston,
Nat’ l Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Shoe & Leather N’l B’k, Boston,
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’ l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
First National Bank, Lynn,
N’l Grand Bank, Marblehead,
Asiatic National Bank, Salem,
Nat’l Exchange Bank, Salem,
First National Bank, Salem, .
Mercantile Nat’l Bank, Salem,
Merchants’ Nat’l Bank, Salem,
Naumkeag Nat'l Bank, Salem,
Salem National Bank, Salem,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

$28,000 00
11,700 00
6,600 00

Amount Invested.

6,700

00
10,000 00
4,400 00
3,300 00
6,990 00
6,750 00
2,124 00
5,310 00
8,265 00
6,745 00
7,236 00
1,680 00
7,200 00
8,040 00

$20,000 00
10,000 00
6,600 00
10,000 00
5,800 00
7,500 00
3,000 00
7,500 00
2,000 00
5,700 00
7.300 00
8,000 00
10,000 00
2,000 00
2,000 00
5,000 00
5,000 00
6,100 00
5,000 00
5,000 00
5,000 00
10,000 00
5,000 00
3,300 00
6,000 00
5,000 00
1,800 00
5,310 00
8,700 00
7,100 00
6,700 00
1,400 00
6,000 00
6,700 00

$211,510

$231,820 00

$211,510 00

$20,000

10,000
6,600

10,000
5,800
7,500
3,000
7,500

2,000
5,700
7,300

8,000
10,000
2,000
2,000
5,000
5,000

6,100
5,000
5,000
5,000

10,000
5,000
3,300

6,000
5,000
1,800
5,310
8,700
7,100
6,700
1,400

6,000

8,200 00

6,670 00

6,000 00
3,802
6,750
1,760
6,298
7,847
7,740
9,500
3,155
3,120
5,800
6,125
9,699
4,750
5,762
4,500

50

00
00
50
50

00
00
00
00
00
00
00
00
50

44

REPOET OF THE

[Pub. Doc.

Beverly Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Eastern R R. 6s,
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
Dexter & Piscataquis R.R. 4s, .
Upper Coos R.R. 4^s,

$10,000

11,000
2,000
30.000

20.000
10,000
25,000

Estimated
Market Value.

Amount Invested.

$10,175
11,550
2,440
30,900
20,850

00
00
00
00
00
10,000 00
26,250 00

$10,000 00
11,000 00
2,000 00
30.000 00
20.000 00
10,000 00
25,000 00

$108,000 $112,165 00 $108,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$246 67

220,000 00
170,000 00
75,000 00

Rate.

0
4
4|
4|

per cent.
“
“
“

Amount.

$90,000 00
30.000 00
10.000 00

Bate.

Amount.

Rate.

4| per cent.

$198,493 42
104,088 47
477,453 00

5 per cent.
54
“

4J

“

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, 1894,

6

“

$ 20,000
25,000
26,625
382

00
00
00
33

Value, by books, o f other real estate held or owned by foreclosure or
otherwise............................................................................................................................

6,276 40
Assessed value of the s a m e ,.........................................................................................
4,875 00
Net income received from same during year ending Oct. 31, 1894,
272 97
Number of loans which are of an amount not exceeding $3,000 each, 503
Aggregate amount of the s a m e , ..............................................................................
474,666 14
Total number of loans upon real e s t a t e , ................................................. 516
Amount of investments from which no income is received................................
246 67
Gross amount of interest or profits received or earned, as per books, during
87,909 84
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: fourth Wednesday in April
and October.
Rate and amount o f each semi-annual dividend f 2 per cent , $31,414 79 I
64,403 37
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 32,988 58 I
Number of accounts opened during the year ending Oct. 31, 1894,
. 971
Number of accounts closed during the year ending Oct. 31, 1894,
. 529
Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,378
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes), ............................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3,685 03

No. 8 .]

45

S A Y IN G S B A N K COM M ISSION ERS

Beverly Savings Bank— Concluded.
Amount of deposits, not including dividends, received during the year end­
ing Oct. 31, 1894,............................................................................................................$365,885 62
Number of s a m e , ........................................................................................ 4,307
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

293,343 44

Number of s a m e , ........................................................................................ 4,395
Date of examination by commissioner: March 22.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

3,065

$64,185 75

569

47,053 16

281

45,695 36

248

87,716 14

77
67

53,462 29
67,772 92

4,307

$365,885 62

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

T o the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and char­
itable associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

1,785
255

$155,104 67
9,236 49

178
99

19,003 14
18,663 34

46

R E P O R T OF TH E

[Pub. D oc.

BOSTON F IV E CENTS S A V IN G S B A N K — BOSTON.
Incorporated April 7, 1854.

Present number of corporators, 6 6 .

A lo n zo H . E v a n s , President.
C u r t is C. N ic h o l s , Treasurer.
E d w a r d E d m u n d s , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
A lo n zo H . E v a n s ,
E u st a c e C. F i t z ,
W il l ia m 0 . G r o v e r ,
Sam uel A . Carleto n ,
L eander B eal,
A . H . D avenport,
W m . R . D upee.

Open for business every business day, 9 a . m . to 2 p .m . ; also Saturdays, 3 to 5
and 6 to 8 p . m . for deposits only.

Balan c e

Sh ee t O ctober

A sse ts.

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 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,
.
.
.
.
Cash on hand,

p .m

31, 1894.

L ia b il it ie s .

$3,297,151
220,600
673,300
41,100
899,685
1,500
87,000

50
00

00
00
00
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Suspense account, .
Real estate rents and
income, .

195,000 00
9,961,400 33
5,334,500 00
106,100
1,357,513
662
61,756

$20,668,077 64
1,026,214 65
33,255 16
508,308 81
514 73
898 15

00

69
04
58

$22,237,269 14

$22,237,269 14

Cash on Deposit in Banks, amount in each : —
Pocasset National Bank, Fall R i v e r , .....................................................................$50,000 00
Massasoit National Bank, Fall River, .
.
.
.
.
.
.
.
50 000
196,062
National Bank of the Commonwealth, B o s t o n ,.................................................
Winthrop National Bank, Boston,
.
.
.
.
.
.
.
.
103 087
Second National Bank, B o s t o n ,..............................................................................
262,703
National Security Bank, Boston, .
.
.
.
.
.
.
.
.
167,240


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

* This amount has been reduced within the legal limit.

00
70
08
61
53*

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS.

47

Boston Five Cents Savings Bank — Continued.
North National Bank, Boston..................................................................................... $153,497 80
Blackstone National Bank, B o s t o n , .....................................................................
253,242 55
Lincoln National Bank, B o s t o n ,..............................................................................
42,403 98
Mechanics’ National Bank, B o s t o n , .....................................................................
4,275 44
Pynchon National Bank, Springfield,.....................................................................
First National Bank, A d a m s , ...............................................................................
City National Bank, Holyoke......................................................................................

40,000 00
10,000 00
25,000 00

Loans on Public Funds, amount on each: —
On
On
On
On
On
On

$2,000 United States 4s.................................
$2,000 City of Boston, M ass., 5s, .
$2,000 Town of Winthrop, Mass., 5s, .
$1,000 Town of Saugus, M ass., 4s,
$15,000 City of Dover, N . H ., 4s, .
$23,500 City of Milwaukee, W is., 5s,

On
On
On
On
On
On

$50,000 United States 5s,
.
.
.
$8,000 City of Manchester, N . H ., 4s, .
$3,000 City of Marlborough, Mass., 4s,
$2,000 City of Lawrence, M ass., 4s,
$7,500 City of Waterbury, Ct., 4s, .
$3,000 City of Detroit, Mich., 4s., .

On
On
On
On
On
On
On
On
On
On
On
On

$2,000 Town of Beverly, Mass., 4s,
$6,000 City of New Bedford, Mass., 4 s ,.
$4,000 City of Nashua, N . H ., 4s, .
$6,000 City of Meriden, Ct., 3£s, .
$22,000 City of Holyoke, Mass., 4s,
$20,000 City of Saginaw, Mich., 5s,
$8,000 City of Boothbay, Me., 4s, .
$21,000 City of Laconia, N . H ., 4s,
$3,000 City of Bridgeport, Ct., 3£s,
$2,000 City of Stamford, Ct., 4s, .
$2,000 City of Fitchburg, M ass., 4s,
$10,000 County of Middlesex, M ass., 4s,

$ 2,000 00

1,600 00
I

3,000 00
14,000 00

1
I

j

i

100,000 00*

}-

100,000 00

Loans on Bank Stock, amount on each : —
On
On
On
On
On
On

25 shares First National Bank, South Weymouth,
.
.
.
.
62 shares National Security Bank, B o s t o n ,.................................................
120 shares Freeman’s National Bank, B o s t o n , .......................................
80 shares Freeman’s National Bank, B o s t o n , ........................................
200 shares National City Bank, B o s t o n , .................................................
50 shares Home National Bank, Brockton.......................................................

$2,200 00
6,200
8,700
6,000
13,000
5,000

00
00
00
00
00

Loan on Railroad Bonds : —
On $1,500 Maine Central R .R . 7s,

.....................................................................$1,500 00

Loans on Railroad Stock, amount on each : —
On 750 shares Boston & Maine R . R . , .....................................................................$75,000 00
On 100 shares Boston & Maine R . R . , .....................................................................
10,000 00
On 20 shares Boston & Maine R . R . , .....................................................................
* This loan, in excess of the legal limit, has been reduced.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2,000 00

48

R E P O R T O F TH E

[Pub. D oc

Boston Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.

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 Cleveland, Ohio, 4|s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Chelsea, Mass., 4s,
of Chicago, 111 , 7s, .
of Chicopee, Mass., 4s,
of Columbus, Ohio, 4s,
of Dayton, Ohio, 6s, .
of Detroit, Mich., 7 s,.
of East Saginaw, Mich., 5s,
of Fort Wayne, Ind., 6s, .
of Indianapolis, Ind., 4s, .
of Keene, N. H., 4s, .
of Lynn, Mass., 4s, .
of Malden, Mass., 4s,
of Milwaukee, Wis., 4s, .
of Milwaukee, Wis., 5s, .
of Norwich, Ct., 4s, .
of Salem, Mass., 5s, .
of Somerville, Mass., 5s, .
County of Carroll, N. H., 4s, .
Commonwealth of Mass. 3s,
District of Columbia 5s, .
City of So. Norwalk, Ct., 4s,

$21,000 00
50,000 00
63,000 00
72,000 00
47,000 00
5,000 00
50,000 00
624,000 00
240,000 00
206,151 50
239,000 00
200,000 00
24,000 00
109,000 00
5,000 00
22,000 00
70,000 00
10,000 00
21,000 00
8,000 00
10,000 00
248,000 00
93,000 00
91,000 00
10,000 00
71,000 00
251,000 00
60,000 00
100,000 00
78,000 00
25,000 00
80,000 00
65,000 00
29,000 00

Estimated
Market Value.

$21,630 00
50,750 00
67,410 00
73,800 00
47,470 00
5,000 00
50,500 00
624,000 00
242,400 00
213,961 43
241,390 00
206,000 00
24,120 00
110,090 00
5,450 00
22,000 00
70,200 00
10,100 00
23,730 00
8,160 00
10,200 00
252,960 00
94,860 00
91,110 00
10,100 00
72,420 00
263,550 00
61,500 00
107,000 00
78,300 00
25,500 00
80,000 00
66,950 00
29,290 00

Amount Invested.

$21,000 00
50,000 00
63,000 00
72,000 00
47,000 00
5,000 00
50,000 00
624,000 00
240,000 00
206,151 50
239,000 00
200,000 00
24,000 00
109,000 00
5,000 00*
22,000 00
70,000 00*
10,000 00*
21,000 00
8,000 00
10,000 00
248,000 00
93,000 00
91,000 00
10,000 00
71,000 00
251,000 00
60,000 00
100,000 00
78,000 00
25,000 00
80,000 00
65,000 00
29,000 00

$3,297,151 50 $3,362,701 43 $3,297,151 50
* Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

250
274
150
130
202

Par Value.

Atlas National Bank, Boston, .
Blackstone NT Bank, Boston,.
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
National City Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$25,000
27,400
15,000
13,000
20,200

Estimated
Market Value.

$28,750
26,030
14,850
16,510
16,362

00
00
00
00
00

Amount Invested.

$25,000
27,400
15,000
13,000
20,200

00
00
00
00
00

No. 8 .]

S A Y IN G S B A N K COM M ISSION ERS

49

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
96
300
50
100
100
350

Par Value.

N’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
National Bank of the Com­
monwealth, Boston,
Columbian N’l Bank, Boston,.
National Eagle Bank, Boston,
National Exchange B’k,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,.
Nat’l Union Bank, Boston,
Shawm ut 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 N’l B’k, Boston, .
Nat’l Webster Bank, Boston, .
Winthrop Nat’l Bank, Boston,
First N’l Bank, Marlborough,.
Third Nat’l Bank, Springfield,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,

f 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
9,600
30,000
5,000
10,000
10,000
35,000

Estimated
Market Value.

$18,480 00
11,600 00
34,160
33,330
8,000
12,322
58,000
11,000
35,100
21,854
7,144
34,155
21,150
21,750
13,176
28,400
6,350
18,400
17,871
91,670
21,375
6,177
33,970
15,300
8,832
34,800
5,000
17,800
9,200
30,450

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amountlnvested.

$16,800 00
10,000 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
9,600
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

$673,300 $789,318 00 $673,300 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Albany R.R. 5s,
Boston, Clinton & Fitchburg R.R. 5s,
Eastern R.R. 6s,
. . .
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 4£s,
Manchester & Lawrence R.R. 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$300,000 $315,000 00 $300,000 00
6,000
6,180 00
6,000 00
69,685
83,622 00
69,685 00
300.000
300,000 00 300.000 00
50,000
53,000 00
50,000 00
176,610 00
174.000
174.000 00
$899,685 $934,412 00

$899,685 00

[Pub. D oc.

R E P O R T O F TH E

50

Boston Five Cents Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

$1,182,513
133.000
40,000
615.000
250.000
15,900
5,163,750
780.000

69
00
00
00
00
00
00

2

H
4
4J

00

$15,000
1,780,000
105,000
2,194,800
564,500
2,778,791

per cent.

3
3i
H

Rate.

Amount.

Kate.

Amount.

“

“
“

00
00
00
00
00
29

6 ,0 0 0 00

422,300 00

4 i 36 per cent.
H
4§
“
4i
“
4|
«
5
»
5i
53
“

Amount.

$2,500
719,525
43,300
242,034
34,000
12,150
9,649

Rate.

00
00
00
50
00
00
54

5f per cent.
6*
“
5|
“
6
“
63
“
6i
“
7

Amount invested in real estate for banking purposes,........................................
Estimated value o f 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,
495
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ..................................................923
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , .........................................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April

$195,000
225,000
293,500

00
00
00

916,981 00

1,007,747 41

and October.
Rate and amount of each semi-annual dividend f 2 per cent., $363,804 81 1 ,^g 159
25
during the year ending Oct. 31, 1894,
.
. i 2 per cent., 375,354 44 )
’
Number of accounts opened during the year ending Oct. 31, 1894,
13,849
Number of accounts closed during the year ending Oct. 31, 1894,
10,123
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
137,294
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
62,230 21
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 ,................................................................................................... 5,337,268 66
Number of same..............................................................................................
109,720
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ...................................................................................................................... 5,013,421 90
Number of s a m e , ........................................................................................ 94,178
Date of examination by commissioner: December 13.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

90,047 $1,443,365 76
not
10,523

848,604 21

not
4,484

694,739 66

3,171

1,107,939 33

890
605

635,832 98
606,786 72

not
less

109,720 $5,337,268 66

Num ­
ber.

Am ount.

To the credit —
Of women, both adult
36,701 $2,040,682 32
and minor,
6,382 19
Of guardians,
88
Of religious and chari­
30,792 76
381
table associations, .
263,605 08
3,495
In trust, .
.
.
.

No. 8 .]

S A Y IN G S B A N K COM M ISSION ERS

51

BOSTON P E N N Y SA V IN G S B A N K — BOSTON.

Incorporated April 6, 1864.

Present number of corporators, 95.

G e o . W . P o p e , President.
H en ry R . R

H enry R . R
ey n o ld s,

eyno ld s,

Treasurer.

Clerk o f the Corporation.

Names o f committee charged with the investment o f its funds:
G eo. W . P ope,
J ohn S w e etse r,
W i l l i a m A . R u st ,
D exter

N.

Open for business every business day, 9

J o h n G o l d t h w a it ,
John A . P r a y ,
T homas N . H a r t ,
R ic h a r d s .

a .m .

to 3

p .m .

; and Saturdays, 5 to 8

p .m .

B alance Sheet October 31, 1894.

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,
Deposit in bank, on interest,
Expense account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$54,312
80,764
5,500
50,000

50
50
00
00

115,000
903,820
352,088
58,546
590
21,545

00
10
93
66
93
10

$1,642,168 72

Deposits, .
Guaranty fund,
Interest account,

$1,571,468 70
50,000 00
20,700 02

$1,642,168 72

Cash on Deposit in B a n k : —
Mount Vernon National Bank, B o s t o n , ........................................................... $58,546 66

Loans on Bank Stock, amount on each : —
On 5 shares Mechanics’ National Bank, B o s t o n ,................................................. $500 00
On 58 shares Fourth National Bank, B o s t o n , .................................................
5,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

52

REPORT OF THE

[Pub. Doc.

Boston Penny Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

$50,000

City of Malden, Mass., 4s,

Estimated
Market Value.

$54,375 00

Amount Invested,

$54,312 50

Shares.

! No. of

Detailed Statement o f Bank Stocks.

42
50
50
37
150
100
50
50
25
50
11
41
32

Par Value.

Atlantic Nat'l Bank, Boston, .
Atlas National Bank, Boston, .
Boston National Bank, Boston,
N’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’ N’l Bank, Boston, .
N’l B’k o f 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
3,200
$68,800

Estimated
Market Value.

$5,155
5,850
5.200
4,255
12,487
10,750
4,837
5,000
3,943
5,750
1,276
3,608
3.200

50
00
00
00
50
00
50
00
75
00
00
00
00

$71,313 25

Amount Invested.

$6,384
6,300
6,050
4,662
15,000
11,550
6,250
5,325
3,600
5,525
1,402
5,084
3,632

00
00
00
00
00
00
00
00
00
00
50
00
00

$80,764 50

Detailed Statement o f Railroad Bonds.

Par Value.

Concord & Montreal R.R. 4s, .

$50,000

Estimated
Market Value.

Amount Invested.

$51,500 00

$50,000 00

Total Amount o f Loans, with Each Specified Pate o f Interest.

Kate.

Amount.

Kate.

2\ per cent.

$165,900 00
732,420 10
69,100 00

4^ per cent.
5
«
5è
“

Amount.

$58,546 66
150.000 00
103.000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4
44

“
«

Amount.

$37,988 93
3,000 00

Kate.

6 per cent.
7

No. 8 .]

53

S A Y IN G S B A N K COM M ISSION ERS

Boston Penny Savings Bank

— C onclud ed .

Amount invested in real estate for banking purposes,........................................$115,000 00
Estimated value of the same,
.
.
...........................................................
100,000 00
Assessed value of the s a m e , ........................................................................................
82,000 00
Net income received from same during year ending Oct. 31, 1894,
.
.
4,330 65
Number o f loans which are of an amount not exceeding $3,000 each, .
67
113,820 10
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 169
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
72,586 45
Times for the dividends fixed by the by-law s: second Wednesday in April
and October.
Rate and amount o f each semi-annual dividend f 2 per cent., $28,616 64 1
during the year ending Oct. 31, 1894,
.
. I 2 per cent.,
29,129 00 J
Number o f accounts opened during the year ending Oct. 31, 1894,
1,242
Number of accounts closed during the year ending Oct. 31, 1894,
1,146
Total number of open accounts Oct. 31, 1894,
.
.
.
.
7,305
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , ........................................................................................ 8,469
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 6,790
Date of examination by commissioner: March 9,

^ ^
’

5,760 10
376,578 25

359,862 17

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than 1,000,
O f $1,000 or more, .

Numher.

Amount.

7,123

$97,245 70

695

56,478 11

301

47,542 64

235

81,652 74

78
37

56,500 34
37,158 72

8,469

$376,578 25

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

T o the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Num .
ber.

Amount.

2,931
3

$153,427 99
909 57

58
1,434

3,985 10
67,922 46

54

[Pub. D oc.

R E P O R T O F TH E

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, 44.

B e n j a m i n 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 fu n d s:
B e n j a m in F . D y e r ,

N . H . H unt,

P. D . H olbrook.

Open for business every business day, 8

B ala n c e Sh eet O ctober

. to 6 p . m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Expense account,
Premium account,
Cash on hand,
.
.
.
.

a .m

$19,000
31,600
55,000
4,857
111,118
350
7,397
46
393
1,526

00
00
00
24
00
00
63
53
75
52

Deposits, .
Guaranty fund,
Interest account,

$216,446 71
5,916 43
8,926 53

$231,289 67

$231,289 67

Cash on Deposit in Bank : —
Shawmut National Bank, B o s t o n , .....................................................................$7,397 63

Detailed Statement o f Public Funds.

Par Value.

City of New Bedford, Mass., 5s,
of Worcester, Mass., 4^s,
Town of Braintree, Mass., 4s, .
of Brookline, Mass., 5s, .
of Chatham, Mass., 4|s,.
County of Aroostook, Me., 4|s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$3,000
2,000
5,000
3,000
1,000
5,000
f 19,000

Estimated
Market Value.

$3,180
2,160
5,100
3,165
1,030
5,300

00
00
00
00
00
00

$19,935 00

Amount Invested.

$3,000
2,000
5,000
3,000
1,000
5,000

00
00
00
00
00
00

$19,000 00

No. 8 .]

SA Y IN G S B A N K

55

COM M ISSION ERS

Braintree Savings Bank — Continued.

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

Tar Value.

7 Merchants1 N’l Bank, Boston,
20 Manufacturers1N’l B’k, Boston,
15 State National Bank, Boston,.
20 Blackstone N’l Bank, Boston,
10 N’l B’k of No. America, Boston,
10 N’l Hide & Leather B’k, Boston,
8 Winthrop N’l Bank, Boston, .
18 Freeman’s N’l Bank, Boston, .
25 Shoe & Leather N’l B’k. Boston,
28 Mt. Vernon N’l Bank, Boston,
45 Shawmut Nat’l Bank, Boston,
34 Tremont Nat’l Bank, Boston,
5 Globe National Bank, Boston,
8 Nat’l Exchange Bank, Boston,
25 Brockton N’l Bank, Brockton,
22 Union N’l Bank, Weymouth,
16 Union Market National Bank,
Watertown, .
.
.
.

$700
2,000
1,500
2,000
1,000
1,000
800
1,800
2,500
2,800
4,500
3,400
500
800
2,500
2,200

Estimated
Market. Value.

$1,106
2,000
1,740
2,000
1,150
1,075
928
1,710
2,250
3,220
5,220
2,992
450
1,008
2,875
2,244

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$700
2,000
1,500
2,000
1,000
1,000
800
1,800
2,500
2,800
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

1,600 00

$31,600

$33,968 00

$31,600 00

Detailed Statement o f Railroad Bonds.
Par Value.

Boston & Maine R.R. 4s,
Fitchburg R.R. 4|s, .
.
.
.
Fitchburg R.R. 5s, .
.
.
.
Maine Central R.R. 4Js, .
Newport & Richford R.R. 5s,
N. Y. & N. E. R.R. (terminal) 4s, .
Old Colony R.R. 4s,
. . .
Portland & Ogdensburg R R. 6s, .
Upper Coos R.R. 41s,
Vermont & Massachusetts R.R. 5s,.
Worcester, Nashua & Rochester
R.R. 4 s , ...................................
Maine Central R.R 4s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
2,000
3,000
3,000
5,000
5,000
10,000
5,000
5,000
5,000

Estimated
Market Value.

$5,050
2,000
3,125
3,150
5,275
5,000
10,500
5,500
5,400
5,375

00
00
00
00
00
00
00
00
00
00

Amount Invested.

$5,000
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

5,000
2,000

5,050 00
2,000 00

5,000 00
2,000 00

$55,000

$57,425 00

$55,000 00

* A legal investment when made.

56

R E P O R T O F TH E

Braintree Savings Bank —

[Pub. D oc

C o n clu d ed .

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$7,397 63
32,000 00

Bate.

Amount.

2^ per cent.
5

$3,200 00
74,868 00

Rate.

5£ per cent.
6
“

Amount.

Rate.

$1,400 00

7 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,
106
Aggregate amount of the s a m e , ...............................................................................
Total number o f 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, 1894,
...............................................................................

$4,857 24
5,400 00
100,268 00

10,940 54

Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend ( 2 per cent., $3,862 53 )
during the year ending Oct. 11, 1894, .
.
. (2 p e rc en t., 3,831 20 J
Number o f accounts opened during the year ending Oct. 31, 1894,
. 117
Number o f accounts closed during the year ending Oct. 31, 1894,
.
95
Total number o f open accounts Oct. 31, 1 8 9 4 , ........................................ 758

7,693 73

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes)..............................................................................................................

757 87

Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

58,319 20

Number of s a m e , ..................................................................................................724
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , ...................................................................................................706
Date of examination by commissioner: March 16.

53,410 75

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Number.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Number.

Amount.

531

$9,549 13

73

6,294 55

55

8,573 46

43

15,296 50

14
8

10,605 56
8,000 00

724

$58,319 20

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

274

$26,026 05

8
36

484 00
5,762 66

No. 8 .]

57

SA Y IN G S B A N K COM M ISSION ERS

B R ID G E W A T E R SA 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 amtjel 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 ye tte K e it h ,
Jam e s C . L e a c h ,
Charles K . P ratt,
Sa m u e l P . G a t e s ,
H o sea K i n g m a n .

Open for business every business day, 7.30

a .m .

to 12.30

B a lan c e Sh eet October

p .m .

; 1.30 to 6

p .m .

31, 1894.

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,
Loan on railroad stock,
Real estate (for banking pur­
poses),
.......................................
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposit in bank, not on interest,
Cash on hand.....................................

$56,000
2,760
59,077
700
67,000
250

00
00
75
00
00
00

5,450
227,087
103,110
150
784
56

00
00
17
00
82
80

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Suspense account, .

$522,426 54

$494,720 73
23,100 00
3,596 04
953 77
56 00

$522,426 54

Cash on Deposit in B a n k : —
First National Bank, B o s t o n , ...............................................................................$784 82
Loan on Public Funds : —
On $3,000 City of Chicago, 111., 7s................................................................................$2,760 00*
Loan on Bank Stock: —
On 8 shares Plymouth National Bank, P l y m o u t h , ........................................$700 00
Loan on Railroad Stock : —
On 2 shares Old Colony R . R . , .............................................................................. $250 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

* A legal loan when made.

R E P O E T O F TH E

58

[Pub. D oc

Bridgewater Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 5s,
of Chicago, Til., 4s, .
of Fall River, Mass , 6s, .
of Grand Rapids, Mich , 5s,
of Lewiston, Me., 5s,
of Dayton, Ohio, 5s,
of Milwaukee, Wis., 5s, .
of Saginaw, Mich , 5s,
County of Aroostook, Me , 4|s,
City of Cleveland, Ohio, 5s,
of Springfield, Ohio, 5s, .

Estimated
Market Value.

$5,000
5,000
4,000
5,000
5,000
5,000
11,000
1,000
5,000
5,000
5,000
$56,000

$5,800
5,075
4.700
5,050
5,850
5,550
12,235
1,080
5,300
5,425
5,700

00
00
00
00
00
00
00
00
00
00
00

$61,765 00

Amount Invested.

$5,000
5,000
4,000
5,000
5,000
5,000
11,000
1,000
5,000
5,000
5,000

00
00*
00
00
00
00*
00
00
00
00
00

$56,000 00

* Legal Investments when made.

No. of
Shares.

Detailed Statement o f Bank Stocks.

13
50
44
10
40
20
10
20
10
20
30
6
30
30
20
24
30
10
10
30
22
25
36

Par Value.

Abington N’l Bank, Abington,
Blackstone N’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Faneuil Hall N’l Bank, Boston,
Fourth National Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Howard Nat'l Bank, Boston, .
Merchants’ N’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,
Nat’l Rockland Bank, Boston,
Shawmut Nat’l Bank, Boston,
State Nat’l Bank, Boston,
South End Nat’l Bank, Boston,
Washington N’l Bank, Boston,
Brockton N’l Bank, Brockton,
Home Nat’l Bank, Brockton, .
Blue Hill Nat’l Bank, Milton,
Bristol Co. N’l Bank, Taunton,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,300
5,000
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
$54,000

Estimated
Market Value.

$1,560
5,000
5,390
1,300
4,680
1,800
900
1,920
1,580
1,660
3,750
1,200
3,480
3,450
2,850
2,784
3,480
780
1,080
3,450
3,850
2,750
4,842

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$63,536 00

Amount Invested.

$1,300
5,000
5,546
1,000
4,175
2,000
1,000
2,000
1,000
2,000
3,000
600
4,320
3,646
2,770
2,400
4,020
1,000
1,000
3,000
2,200
2,500
3,600

00
00
75
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$59,077 75

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS.

59

Bridgewater Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Maine R.R. 4As,
Boston,Revere Beach & Lynn R.R. 6s,
Fitchburg R R. 4s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Old Colony R R. 4 s,.
Old Colony R.R. 4Js,
Old Colony R.R. 6s............................
Portland & Ogdensburg R R. 6s,
Maine Central R.R. 7s, .
Upper Coos R.R. 4Js,

Estimated
Market Value.

$10,000
3,000
5,000
5,000
5,000
10,000
5,000
3,000
5,000
11,000
5,000

$11,050
. 3,150
4,900
5,3,75
5,175
10,500
5,225
3,165
5,500
14,850
5,400

$67,000

$74,290 00

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00

$10,000
3,000
5,000
5,000
5,000
10,000
5,000
3,000
5,000
11,000
5,000

00
00
00
00
00
00
00
00
00
00
00

$67,000 00

Total Amount o f Loans, with Each Specif ed Rate o f Interest.
Amount.

$465 79
5,000 00
10,000 00

Rate.

0 per cent.
4i
“
4|

Rate.

Amount.

$96,342 38
28,500 00

5

5h

per cent.
“

Amount.

Rate.

$192,449 00
1,300 00

6 per cent.
7

Amount invested in real estate for banking p u r p o se 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. 31,1894,
Number of loans which are of an amount not exceeding $3,000 each,. 196
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, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: April 1 and October 1.
Rate and amount of each semi-annual dividend f 2 per cent., $9,056 42 )
during the year ending Oct. 31, 1894, .
.
. ( 2 per cent., 9,388 27 1
Number of accounts opened during the year ending Oct. 31, 1894,
. 166
Number o f accounts closed during the year ending Oct. 31, 1894,
. 136
.
.
.
.
1,650
Total number o f open accounts Oct. 31, 1894,
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 1,128
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of same...............................................................................................1,289
Date of examination by commissioner: April 20.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,450
5,450
6,000
82

00
00
00
80

182,680 16
465 79
27,014 89

18,444 69

1,460 70
98,957 11

89,779 36

60

R E P O R T O F TH E

[Pub. Doc,

Bridgewater Savings Bank — C oncluded.
Classification o f Deposits received during the Year ending Oct. 31, 1894
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

776

$15,780 88

157

12,798 16

80

12,443 89

78

27,133 14

29
8

22,007 04
8,794 00

1,128

$98,957 11

not
not
not,

N um ­
ber.

Amount.

less

T o the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and charitable associations, .
In trust................................

Amount.

578
2

$52,159 32
695 00

26
46

974 71
5,589 92

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS.

B R IG H T O N F IV E

CENTS S A V IN G S B A N K — (W A R D 25),
BOSTON.

Incorporated March 28,1861.
N. W

arren

61

Present number of corporators, 115.

Sa n b o r n , President.
G e o r g e E . B r o c k , Treasurer.
G e o r g e E . B r o c k , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
N . W . Sa n b o r n ,
G. A . F u ller,

B e n j. M . F is k e ,
P. M oley,
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 cto ber

A

;

31, 1894.

L ia b il it ie s ,

ssets.

Public funds as per schedule,
Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Expense account,
Furniture and fixtures,
T a x title account,
Cash on hand,
.
.
.
.

p .m .

$43,285
35,635
106,657
5,576
319,630
15,200
9,987
731
500
163
1,728

00
00
50
02
00
00

Deposits, .
Guaranty fund,
Interest account,
Reserve fund, .
Rent account, .

$516,169
13,000
6,645
3,211

15
00
55
00
6 8 82

66

73
00
04
57

$539,094 52

$539,094 52

Cash on Deposit in Bank : —
National Market Bank of Brighton,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$9,987 66

62

R E P O R T O F TH E

[Pub. D oc.

Brighton Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,
of Chelsea, Mass., 4s,
of Chicago, 111., 4s, .
of Cleveland, Ohio, 5s,
County of Aroostook, Me., 4|s,
Town of Attleborough, Mass , 4s, .
City of Bridgeport, Conn., 4s, .
of Everett, Mass., 4s,
of Lynn, Mass., 4s, .

Estimated
Market Value.

$5,000
2,000
10,000
3.000
5.000
2.000
5.000
5.000
6.000
$43,000

$5,550
2,080
10,375
3,027
5.300
2,005
5.300
5.300
6,180

00
00
00
00
00
00
00
00
00

$45,117 00

Amount Invested.

$5,000
2,000
10,000
3.000
5.000
1,985
5.000
5,300
6.000

00
00
00*
00
00
00
00
00
00

$43,285 00

* A legal investment when made.

No. of
Shares.

Detailed Statement o f Bank Stocks.

8
12
5
10
15
19
23
15
10
25
10
30
30
18
5
21
13
10
10
22
25
20
5
4

Par Value.

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,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Lincoln National Bank, Boston,
Merchants’ Nat’l B’k, Boston,.
Metropolitan N’l B’k, Boston,
Nat’l Market B’k, Brighton, .
Old Boston Nat’l B’k, Boston, .
National 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, .
National Webster B’k, Boston,
First National Bank, Lynn, .
Union Market National Bank,
Watertown, .
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$800
1,200
500
1,000
1,500
1,900
2,300
1,500
1,000
2,500
1,000
3,000
3,000
1,800
500
2,100

$800
1,375
635
1,030
1,965
1,577
2,300
1,605
970
2,000
1,580
3,000
3,000
1,872
480
2,415

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$800
1,200
500
1,000
1,500
1,900
2,300
1,500
1,000
2,500
1,000
3,000
3,000
1,800
500
2,100

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1,300
1,000
1,000
2,200
2,500
1,300
500

1,183
1,160
1,000
2,035
2,000
1,300
625

00
00
00
00
00
00
00

1,300
1,000
1,000
2,035
2,500
1,300
500

00
00
00
00
00
00
00

400

400 00

400 00

$35,800

$36,307 00

$35,635 00

No. 8 .]

63

S A Y IN G S B A N K COM M ISSIONERS

Brighton Five Cents Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Boston, Winthrop & Shore R.R. 5s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s,
. . .
Maine Central R.R. 5s,
Maine Central R.R. 7s,
Kew York, Prov. & Boston R.R. 7s,
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls and Conway R.R. 4^s,
.
.
.
.
Old Colony R.R. 4s,.
Fitchburg R.R. 6s, .
Fitchburg R R . 4is, .
St. Johnsbury & Lake Champlain
R R. 5 s , ..................................

Estimated
Market Value.

Amount Invested.

$20,000
7,000
3,000
5,000
4,000
13,000
1,500
11,000
3,000
5,000

$20,850
7,070
3,285
5,100
3,990
13,840
2,062
13,762
3,345
5,500

00
00
00
00
00
00
50
50
00
00

$20,000
7,000
3,000
4,997
3,990
13,000
1,500
11,000
3,000
5,000

00
00
00
50
00
00
00
00
00
00

10,000
9,000
1,000
4,000

11,100
9,450
1,050
4,170

00
00
00
00

10,000
9,000
1,000
4,170

00
00
00
00

10,000

11,550 00

$106,500

10,000 00

$116,125 00 $106,657 50

Total Amount o f Loans, with Each Specified Rate o f Interest.

$9,987 66
123,600 00

Amount.

Kate.

Amount.

2

per cent.

5

$18,200 00
190,930 00

Kate.

Bi per cent.
6
“

Kate.

Amount.

$ 2 ,1 0 0 00

8

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
. .
Number o f loans which are of an amount not exceeding $3,000 each, .

per cent.

$5,576 02
6,100 00
108 82

110

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 130
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,........................................................................................
Times for the dividends fixed by the by-laws : first Saturday in January
and July.
Rate and amount of each semi-annual dividend f 2 per cent., $8,548 47 1
during the year ending Oct. 31, 1894, .
.
. I 2 per cent.,
8,995 58 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 517
Number of accounts closed during the year ending Oct. 31, 1894,
. 300

217,730 00

24,854 98

17544

05

2,596
Total number of open accounts Oct. 31, 1894.......................................
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

..................................................................................................

2,368 40

64

R E P O R T O F TH E

[Pub. D oc

Brighton Five Cents Savings Bank — Concluded.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894....................................................................................................... $163,731 16
Number of s a m e , .........................................................................................3,521
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , .........................................................................................2,059
Date of examination by commissioner: April 20.

125,601 51

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Am ount.

2,939

$45,797 31

308

24,887 45

142

21,297 91

82

27,494 86

21
29

15,253 63
29,000 00

3,521

$163,731 16

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

1,491
5

$61,728 33
382 00

13
201

694 21
24,355 24

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS.

65

BR ISTO L C O U N T Y S A V IN G S B A N K — T A U N T O N .
Incorporated March 2, 1846.
J o se p h E . W

Present number o f corporators, 84.

A l f r e d C. P l a c e , Treasurer.
A l f r e d C. P l a c e , Clerk o f the Corporation.

il b a b ,

President.

Names of committee charged with the investment of its funds:
J o se p h E . W i l b a r ,
W il l ia m H . F o x ,

Z acheus Sh e r m a n ,
E zr a D avol,

S il a s B. P r e s b r e y .

Open for business every business day, except Saturdays, 9
9 a . m . to 4 P.M.

B a l a n c e Sh e e t O c to b er

to 1

p .m .

; Saturdays,

31, 1894.

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Loans 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
( n o t e s ) , ........................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

a .m .

L ia b il it ie s .

$1,055,000
337,500
1,200
520.000
100.000

00
00
00
00
00

25,000
100
1,151,910
713,720

00
00
00
00

230,000
740
138,994
586
11,062

00
00
60
70
11

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count,

$4,285,813 41

$4,078,016 76
175,700 00
24,384 23
7,712 42

$4,285,813 41

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,

$50,000
50,000
10,876
28,118

Loan on Bank Stock : —
On 5 shares Merchants’ National Bank, New Bedford..........................................1
On 5 shares First National Bank, New B e d fo r d ,................................................... [
On 3 shares National Bank o f Commerce, New Bedford,

.

.

.

. [

On 2 shares Mechanics’ National Bank, New Bedford,

.

.

.

.J


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
41
19

[Pub. D oc

R E P O R T O F TH E

66

Bristol County Savings Bank — Continued.
Loans on Railroad Bonds, amount on each: —
On
On
On
On

$40,000
$13,000
$17,000
$37,000

Boston & Maine R .R . 4£s, .
Fitchburg R .R . 4s,
Boston & Maine R .R . 4£s, .
City of Brockton, Mass., 4s,

$50,000 00
50,000 00

Detailed Statement o f Public Funds.
Par Value.

Town of Cranston, R. I., 4s,
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,
of Dayton, Ohio, 4s, .
of Detroit, Mich., 4s,.
of Dover, N. H., 6s, .
of Gloucester, Mass., 4s, .
of Holyoke, Mass., 4s,
of Haverhill, Mass., 4s,
of Lynn, Mass., 4s, .
of Malden, Mass., 4s,
of New Bedford, Mass.,
3|s & 5s,
of New London, Conn., 4s,
of Newport, R. I., 4s,
of Newton, Mass., 4s,
of Pawtucket, R. I., 4s,
of Providence, R. I., 5s, .
Town of Rockland, Mass., 4s, .
City of Somerville, Mass., 4s, .
of Springfield, Ohio, 4£s, .
of Taunton, Mass., 4s,
of Woonsocket, R. I., 4s, .

Estimated
Market Value.

Amount Invested.

$50,000
50,000
50,000
50,000
100,000
50,000
50,000
20,000
50,000
10,000
25,000
50,000
50,000
20,000
50,000

$50,000
50,000
51,000
50,000
100,000
50,000
50,000
20,000
50,000
10,500
25,000
50,000
50,000
20,000
50,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$50,000
50,000
50,000
50,000
100,000
50,000
50,000
20,000
50,000
10,000
25,000
50,000
50,000
20,000
50,000

00
00
00
00
00*
00
00*
00*
00
00
00
00
00
00
00

30,000
30,000
10,000
50,000
20,000
50,000
20,000
20,000
20,000
100,000
30,000

30,600
30,000
10,000
50,000
20,000
53,500
20,000
20,000
20,000
100,000
30,000

00
00
00
00
00
00
00
00
00
00
00

30,000
30,000
10,000
50,000
20,000
50,000
20,000
20,000
20,000
100,000
30,000

00
00
00
00
00
00
00
00
00
00
00

$1,055,000 $1,060,600 00 $1,055,000 00
* Legal investments when made.

' No. of
Shares.

Detailed Statement o f Bank Stocks.

100
100
100
50

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,.
Boston National Bank, Boston,
Boylston Nat’l Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$10,000
10,000
10,000
5,000

Estimated
Market Value.

$12,100
11,600
10,300
6,200

00
00
00
00

Amount Invested.

$10,000
10,000
10,000
5,000

00
00
00
00

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

67

Bristol County Savings Bank — Continued.
Detailed Statement o f Bank Stocks — Concluded.
o%
O cj
50
25
100
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

Columbian Nat’l Bank, Boston,
Eliot National Bank, Boston, .
Everett Nat'l Bank, Boston, .
Faneuil Hall N’l B’k, Boston,
First National Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Metropolitan N’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Mt. Vernon N’l Bank, Boston,
N’l B’k of the Republic, Boston,
N’l B’k of Commerce, Boston,
N’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
N’l Exchange Bank, Boston, .
National Eagle Bank, Boston,
N’JHide & Leather B’k, Boston, /
Nat’l Rockland Bank, Boston,
National Union Bank, Boston,
North National Bank, Boston,
People’s Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Second Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Washington Nat’l B’k, Boston,
First National Bank, Chelsea,
Bristol Co. N’l Bank, Taunton,
Machinists’ N’l B’k, Taunton,
Taunton Nat’l Bank, Taunton,
Third Nat’l Bank, Springfield,

Par Value.

Estimated
Market Value.

$5,000
2,500
10,000
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

$5,100 00
3,250 00
8,300 00
12,800 00
23,000 00
5,000 00
10.900 00
9,600 00
9,700 00
23,100 00
5,900 00
15,500 00
11,400 00
5,750 00
12,400 00
12,500 00
8,300 00
10,600 00
7,000 00
13,200 00
11,300 00
16,000 00
5,750 00
11,400 00
18,400 00
4,400 00
10,000 00
6,000 00
12,500 00
23,200 00
21,750 00
18,000 00

$322,500

Amount Invested.

$5,000 00
10,000 00
2,500 00
10,000 00
20,000 00
5,000 00
10,000 00
10,000 00
10,000 00
15,000 00
5,000 00
10,000 00
10,000 00
5,000 00
10,000 00
10,000 00
10,000 00
10,000 00
5,000 00
10,000 00
10,000 00
10,000 00
5,000 00
10,000 00
15,000 00
5,000 00
10,000 00
5,000 00
10,000 00
15,000 00
15,000 00
10,000 00

$412,200 00 $337,500 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston, Clinton, Fitchburg and New
Bedford R.R. 5s, ,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4 s,.
Boston & Providence R.R. 4 s ,.
Boston, Revere Beach & Lynn R.R. 6s,
Concord & Montreal R.R. 4s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$50,000
50.000
50.000
50.000
15.000
50.000

Estimated
Market Value.

$52,500
50.000
50.000
50.000
15,600
50.000

00
00
00
00
00
00

Amount Invested.

$50,000
50.000
50.000
50.000
15.000
50.000

00
00
00
00
00
00

[Pub. D oc.

R E P O R T O F TH E

68

Bristol County Savings Bank — Continued.
Detailed Statement o f Railroad Bonds — Concluded.

Tar Value.

Fitchburg R.R. 5s, .
Maine Central R.R. 44s, .
Old Colony R.R. 4 s,.
Vermont & Massachusetts R.R. 5 s,.
Worcester, Nashua & Rochester R.R.
4s,....................................................

$60,000
25,000
100,000
20,000

Estimated

Amount Invested.

Market Value.

$61,200
25,000
100,000
20,600

$60,000
25,000
100,000
20,000

00
00
00
00

00
00
00
00

50,000

50,000 00

50,000 00

$520,000

$524,900 00

$520,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$28,118
60,876
20,000
70,000
80,000
385,000

Kate.

19
41
00
00
00
00

14

per cent.

2
24
34
31
4

“
“

“

Amount.

$75,000
235,000
92,300
18,500
231,050
69,000

Kate.

00
00
00
00
00
00

4 j per cent.
41
44
“
41
5
“
51
“

Kate.

Amount.

$145,820
6,000
816,900
1,000
2,000

00
00
00
00
00

54 per cent,
of
“
6
“
64
“
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 , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Value, by books, o f other real estate held or owned by foreclosure or
o t h e r w i s e ,........................................................................................ .........
Assessed value of the s a m e ,.........................................................................................
Number o f loans which are of an amount not exceeding $3,000 each,
759
Aggregate amount o f the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 773
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ...............................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend ( 2 per cent., $77,171 65 )
during the year ending Oct. 31, 1894,.
.
. 1 2 per cent., 78,199 03 i
Number of accounts opened during the year ending Oct 31,1894,
1,192
Number of accounts closed during the year ending Oct. 31, 1894, .
1,087
Total number of open accounts Oct. 31, 1894,
.
.
.
.
10,335
Total expenses of the corporation for the year ending Oct. 31, 1894, ex­
clusive of taxes................................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f same.............................................................................................. 6,369
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number o f s a m e , .........................................................................................7,885
Date of examination by commissioner: June 15.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$25,000
30,000
30,200
750

00
00
00
00

100 00

200 00
634,635 00

195,042 46

155,370 68

8,496 98
621,160 25

677,842 30

N o. 8 .]

SA V IN G S B A N K CO M M ISSIO N ERS,

69

Bristol County Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .

Amount.

4,324

$89,227 75

872

71,556 73

501

78,783 83

391

135,658 19

161
120

112,800 01
133,133 74

6,369

$621,160 25

not
not
not
less
.

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
Of women, both adult
and minor,
Of guardians,
O f religious and chari­
table associations, .
In trust................................

Number.

Am ount.

3,149
13

$236,855 48
4,032 86

101
484

26,581 78
97,701 25

70

R E P O R T O F TH E

[Pub. Doc,

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, 26.

T homas Scott, President.
G ilbekt E. H ood, Treasurer.
Gilbert E. H ood, Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :

T homas Scott,
A . A . L amprey ,

W illiam P. Clark ,
C. C. Closson,
A . A . Currier .

Open for business every business day except Saturdays, 9 a .m to 1 p .m .

B a l a n c e Sh e e t O c t o b e r

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,
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

31, 1894.

L ia b il it ie s .

$177,000
132,400
63,100
236,000
18,000
473,338
282,250
500
64,465
1,395

00
00
00
00
00
00
00
00
11
98

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$1,351,434 40
44,300 00
28,470 21
24,244 48

$1,448,449 09

$1,448,449 09

Cash on Deposit in Banks, amount in each : —
Lawrence National Bank, Lawrence,
Arlington National Bank, Lawrence,

.

$54,465 11
10,000 00

.

Loans on Bank Stock, amount on each : —
On
On
On
On
On
On
On

134 shares Bay State National Bank, Lawrence,
90 shares Pacific National Bank, Lawrence, .
30 shares Pacific National Bank, Lawrence, .
40 shares Arlington National Bank, Lawrence,
33 shares Arlington National Bank, Lawrence,
12 shares Lawrence National Bank, Lawrence,
150 shares Traders’ National Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 10,000 00

6,400 00
3,000 00
3,500 00
I

4,500 00
10,000 00

No. 8 .]

71

S A Y IN G S B A N K CO M M ISSION ERS

Broadway Savings Bank — Continued.
On 200 shares Broadway National Bank, B o s t o n , ........................................$16,000 00
On 100 shares Fourth National Bank, B o s t o n , .................................................
9,400 00
On 4 shares Andover National Bank, A n d o v e r ,.................................................
300 00
Loan on Railroad Stock : —
On 182 shares Boston & Maine R . R . , .....................................................................$18,000 00

Detailed Maternent o f Public Funds.

Par Value.

City of Chicago, Til., 4s, .
of Concord, N. H., 4s,
of East Providence, R. I., 4s, .
of Lynn, Mass., 4s, .
of Peoria, 111., 4^s, .
of Marlborough, Mass., 4s,
Town of Watertown, Mass., 4s,
of Rockport, Mass , 4s, .
County of Aroostook, Me., 4|s,

$25,000
25.000
70.000
15.000
24.000
5.000
1.000
2,000
10.000
$177,000

Estimated
Market Value.

$25,500
26,000
70,700
15,900
25,410
5,225
1.015
2.015
10,600

00
00
00
00
00
00
00
00
00

Amount Invested.

$25,000
25.000
70.000
15.000
24.000
5.000
1.000
2,000
10.000

00*
00
00
00
00
00
00
00
00

$182,865 00 $177,000 00

* A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

50
50
33
50
50
50
50
100
50
44
50
15
33
50
76
100
100
169
64
140

Par Value.

Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Globe Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston,
N’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 Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Bay State N’l Bank, Lawrence,
Lawrence N’l Bank, Lawrence,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$5,000
5,000
3,300
5,000
5,000
5,000
5,000
10,000
5,000
4,400
5,000
1,500
3,300
5,000
7,600
10,000
10,000
16,900
4,800
14,000

$6,500 00
4,162 50
2,970 00
5,525 00
4,837 50
5,000 00
4,250 00
11,500 00
5,700 00
3,608 00
4,162 50
1,612 50
3,209 25
5,800 00
8,835 00
9,025 00
10,000 00
14,872 00
8,320 00
17,500 00

$5,000 00
5,000 00
3,300 00
5,000 00
5,000 00
5,000 00
5,000 00
10,000 00
5,000 00
4,400 00
5,000 00
1,500 00
3,300 00
5,000 00
7,600 00
10,000 00
10,000 00
16,900 00
6,400 00
14,000 00

$130,800

$137,389 25

$132,400 00

72

R E P O R T O F TH E

[Pub. D oc.

Broadway Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

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,
Salem & Lowell R.R. 6 s ,.

$10,000
50.000
10.000
50.000
40.000
50.000
25.000
1,000
$236,000

Estimated
Market Value.

$10,900
50.500
10,100
52.000
41.000
53.500
26,187
1,060

Amount Invested.

00
00
00
00
00
00
50
00

$10,000
50.000
10.000
50.000
40.000
50.000
25.000
1,000

00
00
00
00
00
00
00
00

$245,247 50 $236,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$64,465
238,400
37.000
45.000

Rate.

11
00
00
00

3£ per cent.
4
“
4£
“
4à
“

Amount.

$15,000 00
382,875 00
34,150 00

Rate.

4 f per cent.
5
»
5è
“

Amount.

$81,780 00
95 00
2,888 00

Rate.

6 per cent.
6*
“
7

Number of loans which are o f an amount not exceeding $3,000 each,
211
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 236
Gross amount of interest or profits received or earned, as per books, during
year ending Oct 31, 1 8 9 4 , ........................................................................................

$277,688 00

65,403 36

Times for the dividends fixed by the b y-la w s: third Wednesday in April
and October.
Rate and amount of each semi-annual dividend f 2 per cent., $24,406 31 i
during the year ending Oct. 31, 1894, .
.
1 2 per cent., 25,388 35 J
Number of accounts opened during the year ending Oct. 31,1894,
. 714
Number of accounts closed during the year ending Oct. 31, 1894,
. 566
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
3,221
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 3,243
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , .................................................................................................. 2,414
Date of examination by commissioner: February 16.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

49,794 66

4,485 22
297,415 38

276,419 32

No. 8 .]

73

SA V IN G S B A N K CO M M ISSION ERS

Broadway Savings Bank — Concluded.
Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Numher.

Amount.

2,305

$40,151 92

376

31,226 16

226

34,355 93

193

71,106 88

75
68

51,890 03
68,684 46

3,243

$297,415 38

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
Of women, both adult
and minor,
.
O f guardians,
O f religious and charitable associations, .
In trust................................

Numher.

Amount.

1,308
6

$143,052 24
2,200 19

17
87

2,868 36
20,388 67

74

R E P O R T O F TH E

[Pub. Doc.

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.
Charles C- Crooicer, Treasurer.
W illiam W. Cross, Clerk o f the Corporation.
Names of committee charged with the investment of its funds :

D avis S. P ackard ,
E nos H. R eynolds,
A . Cranston T hompson,
Bradford E. Jones,
Gardner J. K ingman .
Open for business every business day, 9

a .m .

to 2

p .m .

B alance Sheet O ctober 31, 1894.

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,
Furniture and fixtures,
.
.
¡Suspense account,
.
.
Premium account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$322,140 00
20,800 00
186,000 00
88,000
799,745
240,550
73,738
354
6,500
239
9,738
3,586

00
00
00
68
39
00
17
75
25

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Uncompleted mort­
gage loans, .
Real estate income
account,

$1,751,392 24

$1,679,931 38
53,500 00
2,792 36
10,000 00
4,900 00
268 50

$1,751,392 24

Cash on Deposit in Banks, amount in each: —
Brockton National Bank, Brockton............................................................................. $29,851 55
Home National Bank, Brockton...................................................................................
43,887 13

Detailed Statement o f Publie Funds.
Par Value.

City of
of
of
of
of
of

Biddeford, Me., 4s,
Brockton, Mass., 4s,
Brockton, Mass., 5s,
Cleveland, Ohio, 5s, .
Cleveland. Ohio, 6s, •.
Indianapolis, Ind., 4s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,000
187,440
5,700
25.000
5,000
25.000

Estimated
Market Value.

$1,010
192,421
6,100
27,500
5,250
25,875

00
00
00
00
00
00

Amount Invested.

$1,000
187,440
5,700
25.000
5,000
25.000

00
00
00
00
00
00

No. 8 .]

75

SA V IN G S B A N K COM M ISSION ERS

Brockton Savings Bank — Continued.
Detailed Statement o f Public Funds — Concluded.

Par Value.

District of Columbia 6s, .
District of Columbia 7s, .
County of Aroostook, Me , 4^s,
City of Somerville, Mass., 4s, .
County of Middlesex, Mass., 4s,

$7,000
3,000

12,000
21,000
30,000
$322,140

Estimated
Market Value.

$8,050
3,555
12,660
21,630
30,750

00
00
00
00
00

Amount Invested.

$7,000 00
3,000 00
12,000 00
21,000 00
30,000 00

$334,801 00 $322,140 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

10 N’l B’k of No. America, Boston,
10 Shawmut N’l Bank, Boston, .
18

Tremont Nat’l Bank, Boston, .

100 Third National Bank, Boston,
50

Brockton N’l Bank, Brockton,

20 Home Nat'l Bank, Brockton, .

$1,000

1,000
1,800

10,000
5,000

2,000
$20,800

Estimated
Market Value.

Amount Invested.

00
00
00
00
00
00

$1,000 00
1,000 00
1,800 00
10,000 00
5,000 00
2,000 00

$22,609 00

$20,800 00

$1,150
1,150
1,584
8,975
6,250
3,500

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. 4s,
.
Old Colony R.R. 6s,
.
Vermont & Massachusetts R R. 5s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$1,000
17,000

$1,050 00
17,510 00

$1,000 00
17,000 00

1,000

1,140 00
30,500 00

30,000 00

00
00
00
00
00
00
21,100 00
10,400 00
9,810 00

4,000 00
20,000 00
40,000 00
3,000 00
25,000 00
6,000 00*
20,000 00
10,000 00
9,000 00

30,000
4,000

20,000
40,000
3,000
25,000

6,000
20,000
10,000
9,000

4,200
20,400
41,675
3,300
33,750
6,300

1,000 00

$186,000 $201,135 00 $186,000 00
* A legal investment when made.

76

R E P O R T O F TH E

[Pub. D oc

Brockton Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$73,738 68
15.000 00
50.000 00

Kate.

2

Amount.

per cent.

4

H

“

$17,000 00
462,900 00
56,450 00

Kate.

Amount.

Kate.

4£ per cent.

$437,445 00
1,500 00

6 per cent.
6è
“

5
5è

“
“

Amount invested in real estate for banking purposes, including furniture
and f i x t u r e s , ............................................................................................................$94,500 00
Estimated value of the s a m e , ...............................................................................
100,000 00
Assessed value of the s a m e , ........................................................................................
88,750 00
Net income received from same during year ending Oct. 31, 1894,
.
.
Number of loans which are of an amount not exceeding $3,000 each, 410
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 441
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the by-laws : April 15 and October 15.
Rate and amount of each semi-annual dividend j 2 per cent., $27,723 42 1
during the year ending Oct. 31, 1894,
.
. (2 p ercen t., 29,406 63 1
Number of accounts opened during the year ending Oct. 31, 1894,
1,781
Number of accounts closed during the year ending Oct. 31, 1894,
1,294
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
8,221
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ..................................................................................................... 451

3,534 53
450,270 00

83,347 04

’

5

741 28

604,837 27

Amount o f withdrawals, including dividends, during the year ending Oct.
31> 1894>
......................................................................................................................
Number o f same.............................................................................................. 8,384

501,361 54

Date o f examination by commissioner : February 19.

Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

7,059

$147,019 24

1,259

102,508 85

586

91,228 93

380

129,583 41

115
52

82,496 84
52,000 00

9,451

$604,837 27

not
not
not
less

T o the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

Num ­
ber.

Am ount.

3,867
27

$252,219 11
7,195 83

171
945

12,123 52
54,152 24

77

SA Y IN G S B A N K COM M ISSION ERS.

No. 8 .]

BROOKFIELD SAVINGS B A N K — BROOKFIELD.

Incorporated April 3, 1872.
H

enry

Present number of corporators, 25.

D . F a r e s , President.
H i r a m P. G e r a l d , Treasurer.
H i r a m P. G e r a l d , Clerk o f the Corporation.

Names of committee charged with the investment o f its fund s:
Y . C r o sb y,
F ran k E . P routy,
J. W . L iv e r m o r e .

H.

Open for business every business day, 8

a .m .

B alan ce S h eet October

to 12

; 1 to 6

p .m .

31, 1894.

A ssets.

Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

m.

L ia b il it ie s .

$400 00
43,795 50
14,990 00
5,000
730
50
802

Deposits, .
Guaranty fund,
Interest account,

$62,047 41
2,417 41
1,303 80

00
17
00
95

$65,768 62

$65,768 62

Cash on Deposit in Banks, amount in each : —
First National Bank, Worcester, .
.
.
.
Mechanics’ National Bank, Worcester,
Boston Safe Deposit and Trust Company, Boston,

$715 48
10 66
4 03

Total Amount o f Loans, with Each Specified Rate o f Interest.
Rate.

Amount.

$730 17
5,000 00

2

4i

per cent.
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$7,000 00
7,600 00

Rate.

5 per cent.
5i

Amount.

$44,185 50

Rate.

6

per cent.

78

R E P O R T O F TH E

Brookfield. Savings Bank

[Pub. D oc.

— Concluded.

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , ...............................................................................

$400 00
450 00

Number of loans which are of an amount not exceeding $3,000 each,
90
Aggregate amount of the s a m e , ..............................................................................

63,785 50

Total nun.ber of loans upon real e s t a t e , ................................................. 59
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894............................................................................................
Times for the dividends fixed by the b y-law s: January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent., $1,263 48 1
during the year ending Oct. 31, 1894,
.
. ( 2 per cent., 1,227 36 1
Number of accounts opened during theyear ending Oct.31,1894,
. 146
Number of accounts closed duringthe year ending Oct. 31, 1894, . 221
Total number of open accounts Oct. 31, 1 8 9 4 , ....................................... 494
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ................................................................................................390
Amount o f withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 4 , ............................................................................................................

3,021 36

2,490 84

207 05
14,236 17

19,749 53

Number of same..................................................................................................... 419
Date of examination by commissioner: March 9.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and leas,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

337

$5,731 81

31

2,749 32

12

1,805 04

8

2,725 00

not
not
not
less
.

N um ­
ber.

Amount.

2

1,225 00

390

$14,236 17

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Amount.

110
3

$2,991 64
788 18

5
3

372 00
300 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

80

[Pub. D oc.

R E P O R T O F TH E

Brookline Savings Bank — Continued.
Detailed Statement o f Bank Stocks.
V- ^

o cy
l’ ar Value.

^Û
75
30
30
50
37
12
20

Central Nat’l Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
National City Bank, Boston, .
National Revere Bank, Boston,
National Eagle Bank, Boston,
Brookline N’l B’k, Brookline,.

$7,500
3,000
3,000
5,000
3,700
1,200
2,000
$25,400

Estimated
Market Value.

$9,525
3,495
2,640
4,100
3,515
960
2,600

Amount Invested.

$11,400
3,700
3,000
5,000
3,700
1,200
2,000

00
00
00
00
00
00
00

$26,835 00

00
00
00
00
00
00
00

$30,000 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Boston & Maine R.R. 4|s,
St. Johnsbury & Lake Champlain
R.R. 5 s,...........................................

Estimated
Market Value.

Amount Invested.

$10,000
15,000
10,000

$9,850 00
15,850 00
11,100 00

$10,000 00
15,000 00
10,466 25

10,000

11,500 00

11,475 00

$45,000

$48,300 00

$46,941 25

Total Amount of Loans, with Each Specified Bate o f Interest.

Amount.

$58,938 91
45.000 00
15.000 00

Kate.

2

4
4|

per cent.
“

Amount.

$19,000 00
30,000 00
504,016 50

Kate.

4^ per cent.
4|
“
5
“

Amount.

$25,200 00
37,000 00

Kate.

5£ per cent.
6
“

Amount invested in real estate for banking p u rp oses,....................................... $7,231 36
7,500 00
6,100 00
240 00

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, 1894,
.
.

Number of loans which are o f an amount not exceeding $3,000 each,
88
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 146
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894.....................................................................................
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

133,200 00

38,010 38

N o. 8 .]

S A Y IN G S B A N K CO M M ISSIO N ERS

81

Brookline Savings Bank — Concluded.
Rate and amount of each semi-annual dividend/ 2 percent., $14,114 85
I $29,103 11
during the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
14,988 26
Number of accounts opened during the year ending Oct. 31, 1894,
. 922
Number o f accounts closed during the year ending Oct. 31, 1894,
. 558
Total number of open accounts Oct. 31, 1894,
.
.
.
.
4,789
Total expenses of the corporation for the year ending Oct. 31,1894 (ex­
clusive o f t a x e s ) , ..................................................................................................
2,382 21
Amount of deposits, not including dividends, received during the year end­
ing Oct. 31, 1 8 9 4 ,............................................................................................................
259,690 68
Number of same.............................................................................................. 6,858
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

194,918 55

Number of s a m e , ........................................................................................ 3,302
Date of examination by commissioner : April 5.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

5,781

$91,800 50

644

51,103 75

265

40,501 68

132

43,847 96

16
20

12,236 79
20,200 00

6,858

$259,690 68

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

N um ­
ber.

Am ount.

2,783
4

$120,930 18
264 61

15
1,830

1,968 29
31,921 51

[Pub. D oc

R E P O R T O F TH E

82

CAMBRIDGE SAVINGS B A N K — CAMBRIDGE.
Incorporated April 2, 1834.

Present number o f corporators, 40.

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 fund s:
A n d r e w S. W a i t t ,
W il l ia m K im b a l l ,
E d w in D r e ss e r ,

C h a r le s W . Se v e r ,
J o se p h R . P e t t in g il l ,
J o h n T . G . N ic h o l s ,
E d w . R . Co gsw ell.

Open for business every business day, 8

B alan c e Sh eet O ctober

a .m .

f .m .

31, 1894.
L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Loans on public funds,
Bank stock as per schedule,
Railroad bonds as per schedule,
Loans on railroad bonds, .
Loans on railroad stock,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Suspense account,
Cash on hand....................................

to 1

$384,500
620
257,517
376,233
8,800
6,500
13,748
1,963,483
301,575
150
102,918
138
2,415
356
1,202

00
00

85
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$3,267,175 61
108,000 00
37,693 18
7,290 46

00
31
50
00
00
27
63
59
60
50

$3,420,159 25

$3,420,159 25

Cash on Deposit in Banks, amount in each : —
Charles River National Bank, Cambridge, .
National Exchange Bank, Boston,
.
.
.
.
National City Bank, C a m b r id g e ,........................................
Cambridge Safe Deposit and Trust Company, Cambridge,
Maverick National Bank, B o ston ,.......................................

$27,918 27
25.000 00
30.000 00

20.000 00
138 63

Loan on Public Funds : —
On $1,000 United States bonds,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$620 0 0

No. 8 .]

83

SA V IN G S B A N K CO M M ISSION ERS.

Cambridge Savings

B a n k — Continued.

Loans on Railroad Bonds, amount on each: —
On $1,000 Old Colony R R . 6 s

, .............................................................................. $800 00

On $2,000 Maine Central R .R . 6 s, .
On $2,000 Maine Central R R . 7s, .

8,000 00

On $4,000 City of Bangor, M e., 6 s,
Loans on Railroad Stock, amount on each: —
On 60 shares Boston & Maine R .R ............................................................................ $6,000 00
On 5 shares Boston & Albany R . R . , .....................................................................

500 00

Detailed Statement o f Public Funds.

Par Value.

Town of Brookline, Mass , 4s,.
of Mansfield, Mass., 4s,
of Marblehead, Mass., 4s,
of Marshfield, Mass., 4s,
of Medford, Mass., 4s, .
of Westborough, Mass , 5s,
City of Boston, Mass., 5s,
of Cambridge, Mass., 6s, .
of Chicago, 111., 6s, .
of Chicago, 111., 7s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Dover, N. H., 4s, .
of Fall River, Mass., 6s, .
of Fort Wayne, Ind , 6s, .
of Orand Rapids, Mich., 4|s,
of Indianapolis, Ind., 4s, .
of Portsmouth, N. H., 4s, .
of Providence, R. I., 5s, .
of Saginaw, Mich., 4^s, .
of Saginaw, Mich., 5s,
of Springfield, Mass., 7s, .
of Waltham, Mass., 4s,
of Bridgeport, Ct., 4s,
of Cambridge, Mass., 4s, .

$12,000
9,500
1,000
55,000
13,000
14,000
2,000
8,000
5,000
16,000
9,000
7,000
10,000
21,000
1,000
25,000
40,000
25,000
27,000
25,000
1,000
1,000
7,000
25,000
25,000

Estimated
Market Value.

$12,180
9,980
1,040
55,550
13,000
15,820
2,230
9,420
5,300
17,060
9,720
7,110
10,200
24,610
1,080
27,500
40,800
25,250
29,300
26,450
1,110
1,240
7,000
26,500
26,750

00
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.

$12,000
9,500
1,000
55,000
13.000
14,000
2,000
8,000
5,000
16,000
9,000
7,000
10,000
21,000
1,000
25,000
40,000
25,000
27,000
25,000
1,000
1,000
7,000
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
00
00
00
00

$384,500 $406,200 00 $384,500 00
* Legal investments when made.

No. of
Shares.

Detailed Statement o f Bank Stocks.

159
225
18

Par Value.

Atlas National Bank, Boston, .
Boston Nat’l Bank, Boston,
Continental N’ l Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$15,900
22,500
1,800

Estimated
Market Value.

$18,603 00
23,400 00
2,070 00

Amount Invested.

$19,054 25
24,740 62
2,203 25

84

R E P O R T O F TH E

[Pub. Doc,

Cambridge Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

107
42
9
69
93
126
58
194
10
50
145
100
117
125
11
11
28
146
30
5
42
46
50
60
50

Par Value.

Eliot National Bank, Boston, .
Faneuil Hall N’l B’k, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Merchants’ Nat’l B’k, Boston,.
Shawmut Nat’l B’k, Boston, .
State National Bank, Boston, .'
Suffolk National 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,
Na’ l Rockland Bank, Boston,.
National Union Bank, Boston,
Charles River National Bank,
Cambridge, .
.
.
.
Newton Nat’l Bank, Newton, .
National Bank of Commerce,
New Bedford,
First Nat’l B’k, New Bedford,
Naumkeag Nat’l B’k, Salem, .

$10,700
4,200
900
6,900
9,300
12,600
5,800
19,400
1,000
5,000
14.500
10,000
11,700
12,500
1,100
1,100
2,800
14,600
3,000
500

Estimated
Market Value.

$14,017
5,460
810
6,210
10,230
12,096
4,930
30,458
1,150
5,800
14,500
8,900
10,296
14,375
1,397
880
2,996
13,870
4,350
670

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$12,489
5,484
997
8,919
11,590
14,067
6,280
27,402
1,206
5,481
17,836
9,258
14,003
15,309
1,575
1,241
3,144
17,499
4,625
719

12
75
25
26
00
49
63
25
25
25
50
87
25
99
75
88
00
99
25
00

4,200
4,600

6,426 00
3,772 00

5,127 00
5,880 00

5,000
6,000
5,000

4,150 00
8,700 00
6,000 00

6,160 00
7,420 00
7,800 00

$212,600

$236,516 00 $257,517 85

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4s, .
Fitchburg R.R 4*s, .
.
.
.
Fitchburg R R. 5s, .
Eastern R.R. 6s,
. . .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 4is, .
Maine Central R.R. 7s,
Portland & Ogdensburg R R. 6s,
Penobscot Shore Line R.R. 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$3,000
4,000
25,000
50,000
125,000
9,733
6,000
25,000
16,500
9,000
25,000

Estimated
Market Value.

$3,150
4,120
25,500
50,500
133,750
11,775
6,360
26,500
22,275
9,900
24,750

00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$3,000
4,000
25,000
50,000
125,000
9,733
6,000
25,000
16,500
9,000
25,000

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 ISSION ERS.

85

Cambridge Savings Bank — Continued.
Detailed Statement o f Railroad Bonds — Concluded.

Par Value.

Upper Coos R.R. 4^s,
Vermont & Massachusetts R.R. 5s,.
Concord & Montreal R.R. 4s, .
Conn. & Passumpsic Rivers R.R. 4s,

$25,000
2,000
26,000
25,000

Estimated
Market Value.

$26,250
2,180
26,520
25,500

Amount Invested.

00
00
00
00

$376,233 $399,030 00

$25,000
2,000
26,000
25,000

00
00
00
00

$376,233 00

Total Amount o f Loans, with Each Specified Rate of Interest.
Amount.

$102,918
150,650
230,000
721,300

27
00
00
00

Rate.

Amount.

2 per cent.
4
“

$1,020,469 50
67,215 00
84,444 00

44

4h

“

Rate.

5 per cent.
H “
“

6

Amount.

$5,700 00
350 00
1,000 00

“

Value, by books, o f 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,
332
Aggregate amount of the s a m e , ...............................................................................
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 4 , ........................................................................................

Rate.

6£ per cent.
7
74
“

$13,748 31
19,400 00
416,891 00

152,262 75

Times for the dividends fixed by the b y-law s: fourth Thursday in Janu­
ary and July.
Rate and amount of each semi-annual dividend f 2 per cent., $60,867 00 1
107,248
during the year ending Oct. 31, 1894,
.
. I l j per cent., 46,381 78 i
Number of accounts opened during the year ending Oct. 31, 1894,
1,205
Number of accounts closed during the year ending Oct. 31, 1894,
. 969
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
9,197
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
7,635
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
597,696
Number of s a m e , ........................................................................................ 9,521
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
647,133
Number of s a m e , ........................................................................................ 8,769
Date of examination by commissioner: March 30.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

78

79
93

35

R E P O R T O F TH E

86

[Pub. D oc

Cambridge Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

1
O f $50 and less,
Exceeding $50 and
more tban $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

7,185

$145,491 46

1,231

98,427 73

573

88,418 08

371

134,284 90

105
56

74,917 94
56,156 82

9,521

$597,696 93

not
not
not
less

To the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and chari­
table associations, .
In trust................................

Num­
ber.

Amount.

5,133
12

$311,655 77
2,798 38

143
369

10,092 96
27,926 04

No. 8 .J

87

SA V IN G S B A N K COM M ISSION ERS.

C A M B R ID G E P O R T

S A V IN G S B A N K — C A M B R ID G E P O R T .

Incorporated Feb. 22, 1853.

Present number of corporators, 23.

D aniel U. Chamberlin , President.
H enry W. B ullard , Treasurer.
J. F . L ane , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :

A sa P . Morse,
D ana W . H yde ,
D aniel U. Chamberlin .

Open for business every business day, 8.30 a m . to 1.30 p . m.

B alan ce S h eet O ctober

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or
towns (notes), .
.
.
.
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

31, 1894.

$1,864,336
102,725
186,000
24.582
1,379,499
200,875

05
00
58
23
00

24,500
38,000
2,103
1,393

00
00
90
36

00

$3,824,015 12

Deposits, .
Guaranty fund,
Interest account,

$3,622,689 73
155,000 00
46,325 39

$3,824,015 12

Cash on Deposit in Banks, amount in each : —
First National Bank, C am b ridge,............................................................................... $18,000 00
Cambridgeport National Bank, C a m b rid g e ,...........................................................
10,000 00
National City Bank, C a m b r id g e ,...............................................................................
10,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

88

R E P O R T O F TH E

[Pub. D oc

Cambridgeport Savings Bank — Continued.
Detailed Statement of Public Funds.

Par Value.

Town of Arlington, Mass , 4s,
of Beverly, Mass ,4s, .
of East Providence, R. I.,
4s, .
of Kingston, Mass., 4s,
of Lincoln, R. 1 , 4s,
of Maynard, Mass., 4s, .
of Rockland, Mass., 4s,
of So.Abington,Mass ,4s,
of Weymouth, Mass ,4s,
of Woonsocket, R. I., 4s,
City of Bangor, Me., 4s, .
of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Cambridge, Mass , 4s,
of Cambridge, Mass., 6s,
of Chicago, 111 , 7s, .
of Cleveland, Ohio, 3.65s,
of Cleveland, Ohio, 4s, .
of Cleveland, Ohio, 5s, .
of Cleveland, Ohio, 6s, .
of Cleveland, Ohio, 7s, .
of Columbus, Ohio, 4s, .
of Dayton, Ohio, 4s,
of Dayton, Ohio, 6s,
of Fall River, Mass , 4^s,
of Grand Rapids, Mich , 4s,
of Grand Rapids,Mich.,4^s,
of Grand Rapids, Mich., 8s,
of Lawrence, Mass., 4s, .
of Lvnn, Mass , 4s, .
of Lowell. 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 I., 6s, .
of Peoria, 111 , 4is, .
of Providence, R I ., 5s, .
of Reading, Pa., 4s, .
of Somerville, Mass., 4s,.
of Springfield, Mass., 7s,
of Springfield, Ohio, 4is,
of Worcester, Mass , 5s, .
of Dover, N. H , 4 s,.
of Woburn, Mass., 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$11,000 00
120,000 00

$11,385 00
123,120 00

$11,000 00
120,000 00

50,000 00
29,000 00
25,000 00
40,000 00
51,000 00
19,000 00
31,000 00
50,000 00
50,000 00
78,211 10
9,000 00
195,000 00
6,000 00
11,000 00
7,000 00
14,000 00
50,000 00
12,000 00
5,000 00
40,000 00
50,000 00
40,000 00
40,000 00
19,000 00
50,000 00
5,000 00
58,000 00
50,000 00
50,000 00
25,000 00
5,000 00
5,000 00
13,000 00
3,000 00
100,000 00
20,000 00
50,000 00
150,124 95
55,000 00
13,000 00
15,000 00
50,000 00
20,000 00
22,000 00
53,000 00

51,000 00
29,435 00
25,250 00
41,200 00
51,765 00
19,475 00
32,085 00
51,250 00
51,500 00
82,117 43
10,665 00
198,275 00
6,210 00
11,395 00
6,965 00
14,350 00
55,000 00
12,490 00
5,162 50
40,000 00
50,000 00
43,306 25
41,550 00
19,000 00
53,250 00
5,100 00
59,160 00
51,000 00
52,000 00
25,250 00
5,450 00
5.050 00
13,065 00
3,600 00
100,000 00
20,200 00
52,500 00
165,626 19
55,618 75
13,065 00
16,575 00
53,500 00
22,800 00
22,605 00
53,265 00

50,000 00
29,000 00
25,000 00
40,000 00
51,000 00
19,000 00
31,000 00
50,000 00
50,000 00
78,211 10
9,000 00
195,000 00
6,000 00
11,000 00*
7,000 00
14,000 00
50,000 00
12,000 00
5,000 00
40,000 00*
50,000 00*
40,000 00*
40,000 00
19,000 00
50,000 00
5,000 00
58,000 00
50,000 00
50,000 00
25.000 00
5,000 00
5,000 00
13,000 00
3,000 00
100,000 00
20,000 00
50,000 00
150,124 95
55,000 00
13,000 00
15,000 00
50,000 00
20,000 00
22,000 00
53,000 00

$1,864,336 05 $1,932,631 12 $1,864,336 05
* Legal investments when made.

No. 8 .]

89

SA Y IN G S B A N K CO M M ISSION ERS.

Camtoridgeport Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

33
40
50
100
56
206
150
100
50
50
100
40
14

Par Value.

Blackstone N’l Bank, Boston,
Eliot National Bank, Boston, .
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
National Union Bank, Boston,
Suffolk Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Washington N’l Bank, Boston,
Nat’J Webster Bank, Boston, .
First Nat’l Bank, Cambridge, .
Cambridgeport National Bank,
Cambridge, .
.
.
.
Nat’l City Bank, Cambridge, .

$3,300
4,000
5,000
10,000
5,600
20,600
15,000
10,000
5,000
5,000
10,000
4,000
1,400

Estimated
Market Value.

$3,300
4,600
4,400
11,050
6,440
27,655
15,000
6,450
4,400
5,000
17,500

00
00
00
00
00
50
00
00
00
00
00

5,400 00
2,310 00

Amount Invested.

$3,300
4,000
5,000
10,000
5,600
20,600
15,000
10,000
5,000
5,000
13,825

00
00
00
00
00
00
00
00
00
00
00

4,000 00
1,400 00

$98,900 $113,505 50 $102,725 00

Detailed Statement o f Railroad Bonds.
Par Value.

Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
.
.
.
Old Colony R R. 4s,.
Old Colony R.R. 6s,.
Vermont & Massachusetts R.R. 5s,

$50,000
22,000
50.000
4,000
60.000
$186,000

Estimated
Market Value.

$49,750
23,300
51,000
4,190
64,200

00
00
00
00
00

$192,440 00

Amount Invested.

$50,000
22,000
50.000
4,000
60.000

00
00
00
00
00

$186,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Kate.

Amount.

$28,000 00
10,000 00
229,000 00

14per cent.

2
4


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

“
“

Amount.

Kate.

$150,000 00
1,165.669 42
16,450 00

44 per cent.
5
“
5è
“

Amount.

$41,504 81
1,750 00
500 00

Kate.

6 per cent.
64
“
74
“

90

R E P O R T O F TH E

[Pub. D oc.

Cambridgeport Savings B a n k — Concluded.
Value, by boobs, 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, 1894,
Number of loans which are of an amount not exceeding $3,000 each, 435
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ..................................................541
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Times for the dividends fixed by the by-laws : third Wednesday in Jan­
uary and July.
Rate and amount of each semi-annual dividend j 2 per cent., $67,536 05 }
during the year ending Oct. 31, 1894,
.
. | 2 per cent., 68,465 78 j
Number of accounts opened during the year ending Oct. 31, 1894,
1,213
Number of accounts closed during the year ending Oct. 31, 1894,
. 814
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
11,433
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Am ount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , .........................................................................................10,536
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

$24,582 58
32,900 00
59 62
583,219 42

170,743 42

136,001 83

6,255 94
621,421 57

654,387 58

Number o f s a m e , ........................................................................................ 9,246
Date of examination by commissioner: March 26.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

8,108

$148,710 68

1,315

105,610 70

552

85,320 89

375

129,676 33

130
56

95,167 32
56,935 65

10,536

$621,421 57

not
not
not
less
.

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

5,441
30

$315,915 25
2,931 78

69
865

8,636 58
35,287 06

N o. 8 .]

91

SA V IN G S B A N K COM M ISSION ERS

C A N TO N IN S T IT U T IO N FOR S A V IN G S — CA N TO N .
Incorporated March 14, 1835.

Present number of corporators, 30.

C h a r l e s E n d ic o t t , 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 a r , Clerk o f the Corporation.

Names of committee charged with the investment of its fund s:
W il l i s S. S h e p a r d ,
N a t h a n ie l W . D u n b a r ,
F r a n c is D . D u n b a r ,
W i l l i a m O. C h a p m a n ,
T h om a s E . G r o v e r .

Open for business every business day, 8

a .m .

B alan c e Sh eet O ctober

m.

; 1.30 to 4

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposit in bank, on interest,
Expense account,
Cash on hand,
.
.
.
.

to 12

$106,100
51,125
4,000
95.500
820
298,465
73,550
46.500
26.500
11
618

00

00
00
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$664,363 73
28,600 00
2,330 30
7,896 55

00
00
00
00
75
83
$703,190 58

$703,190 58

Cash on Deposit in Bank : —
Neponset National Bank, C a n t o n , .....................................................................$26,500 00
Loan on Bank Stock : —
On 43 shares Neponset National Bank, Canton..................................................... $4,000 00

Detailed Statement o f Public Funds.

Town of Canton, Mass., 4s,
of Norwood, Mass , 4s, .
of Orange, Mass., 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

Amount Invested.

$ 2 0 ,0 0 0
1 0 ,0 0 0
1 0 ,0 0 0

$ 2 0 ,0 0 0 0 0
1 0 ,0 0 0 0 0
1 0 ,0 0 0 0 0

$ 2 0 ,0 0 0 0 0
1 0 ,0 0 0 0 0
1 0 ,0 0 0 0 0

[Pub. Doc,

R E P O R T O F TH E

92

Canton Savings Bank — Continued.
Detailed Statement o f Public Funds — Concluded.

Par Value.

City of Lawrence, Mass., 4s, .
of Lynn, Mass , 3is,
of New Bedford, Mass., 3|s, .
of Providence, K. I., 5s, .
of Waltham, Mass., 4s,
County of Hampden, Mass., 3s,

115,000
13,500
10.000
10,000
8,000
10,000
$106,500

Estimated
Market Value.

$15,000
13,500
10,000
11,600
8,000
9,600

Amount Invested.

$15,000
13,500
10,000
10,000
8,000
9,600

00
00
00
00
00
00

00
00
00
00
00
00

$107,700 00 $106,100 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

25
17
25
40
33
50
50
25
17
17
25
126
50

Par Value.

Atlas National Bank, Boston.
Blackstone N’l Bank, Boston, .
Central Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,.
Market National Bank, Boston,
N’l B’k of N. 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
1,700
2,500
4,000
3,300
5,000
5,000
2,500
1,700
1,700
2,500
12,600
5,000
$50,000

Estimated
Market Value.

$2,925
1,700
3,175
3,600
2,904
4,250
5,750
2,000
1,700
1,972
2,250
15,120
5,100

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00
00
00

$52,446 00

$2,500
1,700
2,500
4,000
3,300
5,000
5,000
2,500
1,700
1,700
2,500
13,725
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00

$51,125 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. 4|s,
Old Colony R.R. 4s,
. . .
Maine Central & European & No.
American R.R. 4s,
. . .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$20,000
20,000
5,500
20,000
10,000

Estimated
Market Value.

$20,400
20,400
6,710
20,000
10,500

00
00
00
00
00

Amount Invested.

$20,000
20,000
5,500
20,000
10,000

00
00
00
00
00

20,000

20,000 00

20,000 00

$95,500

$98,010 00

$95,500 00

N o. 8 .]

93

S A Y IN G S B A N K COM M ISSION ERS

Canton Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$26,500 00
46,500 00

Kate.

2

4

Amount.

$4,000 00
145,250 00

per cent.
“

Rate.

4£ per cent.
5
“

Amount.

Rate.

$3,000 00
223,765 00

5.^ per cent.
6
«

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 o f an amount not exceeding $3,000 each, 211

$820 00
750 00

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real estate............................................................ 214
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during

196,015 00

year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-laws : first Tuesday in April and
October.

32,302 70

Rate and amount of each semi-annual dividend f 2 per cent., $12,468 20 1
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 12,508 95 )
Number of accounts opened during the year ending Oct. 31, 1894,
. 282
Number o f accounts closed during the year ending Oct. 31, 1894,
. 273
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,335
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

24 9 77 45

820 00

’

1,20500

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of same.............................................................................................. 1,317
Amount of withdrawals, including dividends, during the year ending Oct.

100,535 94

31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , ........................................................................................ 1,444
Date of examination by commissioner : April 5.

115,798 51

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Number.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

957

$19,938 86

171

15,004 73

79

12,719 00

69

23,275 35

30
11

18,598 00
11,000 00

1,317

$100,535 94

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ber.

Amount.

To the credit —
O f women, both adult
and minor,
.
.
Of guardians,
O f religious and charitable associations, .
In trust................................

586

Amount.

1

$44,307 35
500 00

27
23

1,888 56
2,438 40

94

R E P O R T O F TH E

[Pub. D oc.

CAPE A N N S A V IN G S B A N K - GLOUCESTER.
Incorporated April 15, 1846.

Present number o f corporators, 37.

S a m u e l A . S t a c e y , President.

G e o r g e J. M a r s h , Treasurer.

D a n i e l T . B a b s o n , Clerk o f the Corporation.

Names of committee charged with the investment o f its fu n d s:
R obert R . F ears,

Sy l v e s t e r C u n n in g h a m ,

Jo h n E . S o m e s ,

Jo h n C o r l is s ,
G e o . J. M a r s h .

Open for business every business day, 9 a . m . to 1
close at 1 p . m .

p .m

. ; 2 to 3

p .m

.;

during August,

B alance Sheet October 31, 1894.

A

ssets.

L ia b il it ie s .

Public funds as per schedule,
Bank stock as per schedule,
Loan on bank stock, .
Real estate (for banking pur­
poses)...............................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,
Miscellaneous account,
Cash on hand,
.
.
.
.

$4,000 00
271,100 00

Deposits, .
Guaranty fund,
Interest account,
Surplus account,
Taxes,
Block income account,
Lecky account,
Higgins & Gifford
account,
Basset account,
Lisk account, .
Uncompleted mort­
gage loans, .

1 ,0 0 0 00

61,280
87,839
2,022,367
1,108,546
24,625
2,483
334
1,855
8,014

46
69
00
25
71
66

33
20
68

$3,593,446 98

$3,268,735
160,000
24,629
84,931
441
509
166

32
00

13
82
57
53
78

31 04
247 05
163 92
53,590 82
$3,593,446 98

Cash on Deposit in Banks, amount in each : —
Gloucester National Bank, Gloucester, .
Third National Bank, Boston,
.
.

.

.

$2,483 66
24,625 71

.

$ 1,000 00

Loan on Bank Stock: —
On 10 shares First National Bank, Gloucester,

Detailed Statement o f Public Funds.

Par Value.

Town of Brookline, Mass., 7s,.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,000

Estimated
Market Value.

$4,000 00

Amount Invested.

$4,000 00

No. 8 .]

95

S A Y IN G S B A N K CO M M ISSION ERS

Cape Ann Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

100
100
74
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 N’l Bank, Boston,.
Central Nat’l Bank, Boston, .
National City Bank, Boston, .
National Bank of the Common­
wealth, Boston,
N’l B’k of Commerce, Boston,
National Eagle Bank, Boston,
Everett Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston,
New England N’l B’k, Boston,
North National Bank, Boston,
N’l B’k of No. America, Boston,
Old Boston N’l Bank, Boston,
N ’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Second Nat’l 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 NT B’k, Gloucester,
Rockport N’l Bank, Rockport,

Estimated
Market Value.

Amount Invested.

$10,000
10,000
7,400
10,000
5,000

$12,200
11,600
7,030
13,000
4,100

00
00
00
00
00

$10,000
10,000
7,400
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
10,000
2,500
16,600
15,000
5,000
10,000
5,000
5,000
20,000
10,000
6,100
5,000
10,000

25,000
11,400
8,100
2,520
6,150
9,300
4,400
5,600
6,930
32,000
7,800
11,800
11,800
2,600
20,418
22,650
9,100
11,200
5,700
4,150
17,800
15,000
8,540
6,750
12,500

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

20,000
10,000
10,000
3,000
5,000
9,000
4,500
5,000
7,000
20,000
5,000
10,000
10,000
2,500
16,600
15,000
5,000
10,000
5,U00
5,000
20,000
10.000
6,100
5,000
10,000

GO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$272,600 $327,138 00 $271,100 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$24,625 71
28,300 00
357,031 00

2

4
5

Rate.

Amount.

per cent.
“
“

$26,000 00
2,699,782 25

Rate.

5£ per cent.
“

6

Rate.

Amount.

$800 00
2 0 ,0 0 0 00

6£

per cent.

7

Amount invested in real estate for banking purposes,....................................... $61,280 46
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, 1894,
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

61,000 00
61,000 00
702 34


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.

97

CAPE COD F IV E CENTS S A V IN G S B A N K — H A R W IC H .

Incorporated March 16, 1855.

Present number o f corporators, 61.

L e v i E l d r e d g e , President.

A u g u s t u s C. S n o w , Treasurer.

A u g u s t u s C. S n o w , Cleric o f the Corporation.

Names of committee charged with the investment of its funds:
Levi E ldredge,

L uth e r F is k ,

A lexa n d e r T. N ew com b,

E l e a z e r K . Cr o w e l l ,

G o d f r e y H o p k in s .

Open for business every business day, 9

a .m

. to 1 p . m .

B alance Sheet O ctober 31, 1894.

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 (for banking purp o s e s ) , .......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to eounties, cities or towns
( n o t e s ) , .......................................
Deposit in bank, on interest,
Real estate (taken to secure indebtedness),
.
.
.
.
Cash on hand,
.
.
.
.

L ia b il it ie s .

$14,077
60,889
12,240
165,095
30,000

00
75
00
00
00

Deposits, .
Guaranty fund,
Profit and loss account, .

$674,312 03
2 0 ,0 0 0 00

6,230 82

1 ,0 0 0 00

300 40
145,383 48
218,282 58
31,300 00
2 0 ,0 0 0 0 0
100 00

1,874 64
$700,542 85

$700,542 85

Cash on Deposit in B an k: —
Cape Cod National Bank, H a r w i c h , .....................................................................$20,000 00
Loans on Bank Stock, amount on each: —
On
On
On
On

50 shares Welden National Bank, St. Albans, Y t.,
.
.
.
.
52 shares Fourth National Bank, B o s t o n , .................................................
5 shares Cape Cod National Bank, H a r w ic h ,................................................
2 shares Cape Cod National Bank, H a r w ic h ,...............................................

On 4 shares Cape Cod National Bank, H a r w ic h ,................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
4,900
500
200
165

00
00
00
00
00

98

R E P O R T O F TH E

[Pub. D oc.

Cape Cod Five Cents Savings Bank — Continued.
On
On
On
On
On
On

3 shares Cape Cod National Bank, H a r w ic h ,............................................................$300
6 shares Cape Cod National Bank, H a r w ic h ,...............................................
600
2 shares Cape Cod National Bank, H a rw ic h ,................................................
200
1 share Cape Cod National Bank, H a r w i c h ,.................................................
65
10 shares Cape Cod National Bank, H a r w i c h , .......................................
150
3 shares Cape Cod National Bank, H a r w ic h ,.................................................
160

00
00
00
00
00
00

Loans on Railroad Bonds, amount on each : —
On $18,000 Concord & Montreal R .R . 4s...................................................................$15,000 00
On $15,000 Boston & Maine R .R . 4 s , .....................................................................
15,000 00

Detailed Statement o f Public Funds.

Par Value.

City of Chicago, 111., 4s, .
of Cleveland, Ohio, 6s,

.

Estimated
Market Value.

Amount Invested.

$10,000
4,000

$10,200 00
4,100 00

$10,000 00*
4,077 00

$14,000

$14,300 00

$14,077 00

* A legal investment when made.

Ko. of
Shares.

Detailed Statement o f Bank Stocks.

48
43
40
31
30
30
18
26
38
24
20
16
15
26
6
7
57
42

Par Value.

State Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,
Everett Nat’l Bank, Boston, .
N’l B’k of Commerce, Boston,
National Revere Bank, Boston,
N’l Hide & Leather B’k, Boston,
Blackstone Nat’l Bank, Boston,
Nat’l Exchange Bank, Boston,
Fourth Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
N’l B’k of No. America, Boston,
N’l B’k of the Republic, Boston,
Nat’l Bank of the Commonwealth, Boston,
Nat’l Webster Bank, Boston, .
Faneuil Hall N’l B’k, Boston, .
Cape Cod Nat’l Bank, Harwich,
First Nat’l Bank, Yarmouth, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$4,800
4,300
4,000
3,100
3,000
3,000
1,800
2,600
3,800
2,400
2,000
1,600
1,500

$5,568
4,988
3,330
3,565
2,857
3,225
1,800
3,308
4,503
2,400
1,760
1,822
2,385

00
00
00
00
50
00
00
50
00
00
00
00
00

$5,676
5,031
3,800
3,674
3,630
3,450
2,016
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
600
700
5,700
4,200

3,386
565
915
7,249
5,460

50
00
00
00
00

2,821
650
931
7,866
5,523

00
00
00
00
00

$51,700

$59,087 50

$60,889 75

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS.

99

Cape Cod Five Cents Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 4Js,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,.
Portland & Ogdensburg R.R. 6s,
Vermont & Massachusetts R.R. 5s, .
Conn. & Passumpsic Rivers R.R. 4s,

$20,000
5.000
1.000
10,000
20,000
25.000
20.000
25.000
5,000
10.000
20,000

Estimated
Market Value.

$20,275
5,250
1,030
10,200
22,000
25,500
21,200
26,375
5,500
10,900
20,400

Amount Invested.

00
00 |
00
00
00 J
00
00
00
00
00
00

$161,000 $168,630 00

$26,222 00
30,975 00
25.000
20,525
26,300
5,475
10,598
20.000

00
00
00
00
00
00

$165,095 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$20,000
127,400
15.000
95.000

Kate.

00
00
00
00

2

per cent.

4

Amount.

$20,100
24,100
3,200
75,081

Rate.

00
00
00
08

4£ per cent.
5
5h
“
6
“

Amount.

$1,300 00
76,024 98

Bate.

6 £per

cent.

7

Amount invested in real estate for banking p urposes,........................................
Estimated value o f the s a m e , ..............................................................................
Assessed value of the s a m e , ........................................................................................

$1,000 00
1,200 00
1,200 00

Value, by books, o f other real estate held or owned by foreclosure or
o t h e r w i s e ,.....................................................................................................................
Assessed value o f the same.............................................................................................

400 40
7,800 00

Number of loans which are o f an amount not exceeding $3,000 each,
409
Aggregate amount of the s a m e , ..............................................................................

162,766 96

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, dur­
ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Times for the dividends fixed by the b y-la w s:
April and October.

33,511 35

second Wednesday in

Rate and amount of each semi-annual dividend j 2 per cent., $12,340 08 1
during the year ending O ct.31, 1894,
.
. \ 2 p e rc e n t.,
1 2 ,6 8 6 16 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 309
Number of accounts closed during the year ending Oct. 31, 1894,
. 224
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,819


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

400 40

25,026 24

100

R E P O R T O F TH E

Cape Cod Five Cents Savings

[Pub. Doc,

B a n k — Concluded.

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

$2,158 11

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .........................................................................................1,303
Amount o f withdrawals, including dividends, during the year ending Oct.

128,149 27

31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................ 1,578
Date of examination by commissioner : August 31.

114,695 92

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

818

$16,178 17

108

7,664 60

196

22,978 78

125

34,909 35

37
19

23,318 37
23,100 00

1,303

$128,149 27

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Amount.

561
6

$46,747 86
3,069 35

13
20

1,095 97
4,423 83

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS.

101

C E N T R A L SA V IN G S B A N K — L O W E L L .
Incorporated March 3, 1871.

Present number o f corporators, 6 6 .

O l i v e r H . M o u l t o n , President.

S a m u e l A . C h a s e , Treasurer.

S a m u e l A . C h a s e , Clerk o f the Corporation.

Names of committee charged with the investment of its fu n d s:
D a n ie l Sw a n ,

A rthur G. P ollard,

J o h n S . Ja c q u e s ,

A m asa P ratt,

H e n r y C . Ch u r c h ,

Sa m u e l A . Ch a s e .

Open for business every business day, 9

a .m .

to 1

p .m

. ; and on Saturdays, 7 to 9 p . m .

Balance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Loans on public funds,
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).............................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

$44,000 00
2,400 00
210,600 00
6 ,0 0 0 00

55,000 00
1,854 611 00
314,272 50

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$2,607,345 45
1 1 1 ,0 0 0 00

1,035 38
119,263 18

123,700 00
193,112 81
34,947 70
$2,838,644 01

$2,838,644 01

Cash on Deposit in Banks, amount in each: —
$128,112 81

Merchants’ National Bank, Lowell,
Old Lowell National Bank, Lowell,
Prescott National Bank, Lowell, .
Appleton National Bank, Lowell,

20,000 00
25.000 00

20.000 00

Loans on Fublic Funds, amount on each: —
On $1,000 United States 4s,
On $1,400 United States 4s,

.

$1,000 00

.

1,400 00

Loans on Bank Stock, amount on each: —
On 13 shares Merchants’ National Bank, Lowell,
On 10 shares W am esit National Bank, Lowell,
On 19 shares Prescott National Bank, Lowell,
On 8 shares Appleton National Bank, Lowell,
On 30 shares First National Bank, Lowell,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,

$2,000 00
1,000 00
3,000 00

102

R E P O R T O F TH E

[Pub. D oc.

C entral Savings B an k — Continued.
Detailed Statement o f Public Funds.

Par Value.

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, .

Estimated
Market Value.

$10,000
3.000
6.000
5.000
5.000
15,000

$10,320
3,060
6,360
5,150
5,250
15,950

00
00
00
00
00
00

$44,000

$46,090 00

Amount Invested.

$10,000
3.000
6.000
5.000
5.000
15,000

00
00*
00
00
00
00

$44,000 00

* A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

100
66
50
200
100
13
50
50
50
100
100
50
60
27
20
70
63
50
50
100
30
150
52
10
20
50
50

Par Value.

Atlantic Nat’l Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Boston National Bank, Boston,
Central National Bank, Boston,
Eliot National Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Metropolitan N’l B’k, Boston, .
National City Bank, Boston, .
JSl’l B’k of Commerce, Boston.
N’l Ilide& 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, L ow ell,.
First National Bank. Lowell, .
Merchants’ Nat’l Bank, Lowell,
Old Lowell Nat’l B’k, L ow ell,.
Prescott Nat’l Bank, Lowell, .
Railroad Nat’l Bank, Lowell, .
Wamesit Nat’l Bank, Lowell, .
Georgetown N’l B’k,Georget’n,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$10,000
6,600
5,000
20,000
10,000
1,300
5,000
5,000
5,000
10,000
10,000
5,000
6,000
2,700
2,000
7,000
6,300
5,000
5,000
10,000
3,000
15,000
5,200
1,000
2,000
5,000
5,000

Estimated
Market Value.

$12,300
6,600
5,200
26,000
13,100
1,430
4,250
7,900
4,900
8,200
11,500
5,400
7,500
4,293
2,000
12,950
7,308
4,500
5,000
12,500
5,100
24,000
6,240
1,500
2,400
6,500
5,500

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

Amount Invested.

$13,600
7,600
5,600
30,000
11,500
1,300
5,000
6,700
5,000
10,000
10,000
5,400
8,000
3,400
2,000
10,000
8,000
5,000
5,000
15,000
4,200
18,300
6,000
1,000
2,000
6,000
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

$173,100 $214,071 00 $210,600 00

No. 8 .]

103

SA Y IN G S B A N K COM M ISSION ERS

Central Savings Bank — Continued.
Detailed Statement o f Eailroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s,
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 7s, .
N. York,Providence & Boston R.R 7s,
Portland & Ogdensburg R.R. 6s, .
Boston & Albany R.R. 5s,
Maine Central R.R. 4s,
St. Johnsbury & L. Champ’n R.R. 5s,

$4,000
15,000
5,000
1,000
5,000
1,000
3,000
1,000
10,000
5,000
5,000
$55,000

Estimated
Market Value.

$4,050
15,412
5,200
1,040
5,150
1,280
3,300
1,080
11,100
5,067
5,854

Amount Invested.

$4,000
15,000
5,000
1,000
5,000
1,000
3,000
1,000
10,000
5,000
5,000

00
00
00
00
00
00
00
00
00
00
00

$58,533 00

00
00
00
00
00
00
00
00
00
00
00

$55,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$148,112 81
45,000 00
244,100 00

Kate.

2
3
4

per cent.
#

«

Amount.

Rate.

$95,000 00
213,324 00
1,580,334 50

44 per cent.
4£
«
5
»

Amount.

$58,525 00
109,700 00

Rate.

5J per cent.
6
“

Number of loans which are of an amount not exceeding $3,000 each, 437
Aggregate amount of the s a m e , .............................................................................. $603,337 00
Total number of loans upon real e s t a t e , ................................................. 593
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 4 , .....................................................................
129,781 21
Times for the dividends fixed by the by-laws : first Saturday in M ay and
November.
Rate and amount of each semi-annual dividend f 2 per cent., $48,841 19 j
during the year ending Oct. 31, 1894,
.
t 2 per cent., 48,706 28 )
Number of accounts opened during the year ending Oct. 31, 1894,
. 990
Number of accounts closed during the year ending Oct. 31, 1894,
. 913
Total number of open accounts Oct. 31, 1894,
.
.
.
.
6,185
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­

’

clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

464,456 97

Number o f s a m e , ........................................................................................ 5,556
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................

480,271 32

Number o f s a m e , ........................................................................................ 5,379
Date of examination by commissioner : January 11.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7,190 79

104

R E P O R T O F TH E

[Pub. D oc

Central Savings Bank — Concluded.
Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

4,015

$78,644 87

703

58,660 97

339

54,981 29

306

110,380 33

110
83

77,897 42
83,892 09

5,556

$464,456 97

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Num ­
ber.

Amount.

2,441
17

$205,805 88
3,585 25

63
698

8,837 76
72,142 34

No. 8 .]

105

SA Y IN G S B A N K COM M ISSION ERS

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.

Present number of corporators, 43.

A m o s S t o n e , President.

A . M . A n d r e w s , Treasurer.

B e n j a m i n F . S t a c e y , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
G eorge S. P e n d e r g a st ,

E m r ie B . St e t so n ,

A u g ustus W . S to ver ,

A mos St o n e,

M a r k F. B urns.

Open for business every business day, 9

a .m

. to 2 p . m . ; Wednesdays and Saturdays,

3 to 5 p . m .

B a l a n c e Sh e e t Octo ber

L ia b il it ie s .

A ssets.

Bank stock as per schedule,
Loans on bank sto c k ,.
Railroad bonds as per schedule,
Loans on railroad bonds, .
Real estate (for banking pur­
poses) ,
.......................................
Real estate by foreclosure, .
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

31, 1894.

$744,300
21,600
608,400
60,850

00
00
00
00

70,000
57,500
2,269,375
1,381,200
250
203,742
4,338

00
00
00
00
00
66
64

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$5,421,556 30

$5,074,658 61
250,000 00
96,897 69

$5,421,556 30

Cash on Deposit in Banks, amount in each: —
National Bank of the Republic, B o s t o n , ........................................................... $69,854 80
Manufacturers’ National Bank, B o s t o n , ...........................................................
68,098 90
Monument National Bank, B o s t o n , .....................................................................
65,788 96
Loans on Bank Stock, amount on each: —
On 260 shares Traders’ National Bank, B o s t o n ,................................................. $16,000 00
On 10 shares Monument National Bank, B o ston ,.................................................
1,000 00
On 10 shares Monument National Bank, B oston,.................................................
On 15 shares Monument National Bank, Boston...................................................
On 23 shares Monument National Bank, B oston,.................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

800 00
1,500 00
2,300 00

106

R E P O R T O F TH E

[Pub. D oc.

Charlestown Five Cents Savings Bank — Continued.
Loans on Railroad Bonds, amount on each : —
On $36,000 Providence & Springfield R .R . 5 s , ................................................. $30,000 00
On $32,000 Boston & Maine R .R . 4 s , .....................................................................
30,000 00
On $1,000 Boston & Lowell R .R . 4 s , .....................................................................
850 00

No. o f
Shares.

I

Detailed Statement o f Bank Stocks.

24

Par Value.

Andover Nat’l B’k, Andover, .

200 Atlas National Bank, Boston, .
106
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
156
164
150
26
75
75
217
67
147

Blackstone Nat’l B’k, Boston, .
Boston National B’k, Boston, .
Boylston Natl Bank, Boston, .
Bunker Hill Nat’l B’k, Boston,
National City Bank, Boston, .
Nat’l B’k of Commerce, Boston,
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston, .
First National Bank, Boston, .
First Ward N’l Bank, Boston,.
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
N4 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 B’k, Boston, .
North National Bank, Boston,
N’l B’k of No. America, Boston,
N’l B’k o f Redemption,Boston,
N ’1 B’k of the Republic, Boston,
National Revere Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Shoe & Leather N’l B’k. Boston,
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston,.
Winthrop Nat’l B’k, Boston, .
Home Nat’l Bank, Brockton, .
Conway Nat’l B’k, 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
10,600
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
16,000
14,000
9,900

20,000
34,200
26,700
6,900
50,000
13,500
55,100
15,600
16,400
15,000
2,600
7,500
7,500
21,700
6,700
14,700
$748,000

Estimated
Market Value.

$2,400 00
23,400 00
10,600 00
4,368 00
17,690 00
50,000 00
26,732 00
30,245 00
57,500 00
39,300 00
4,700 00
19,500 00
9,450 00
21,296 00
39,775 00
29,412 00
25,000 00
7,310 00
2,419 75
21,728 00
38,180 00
16,240 00
11,885 00
24,500 00
54,378 00
25,365 00
7,952 25
45,000 00
13,500 00
48,488 00
15,600 00
19,106 00
26,250 00
2,938 00
15,000 00
8,850 00
29,295 00
7,437 00
12,054 00

Amount Invested.

$2,400 00
20,000 00
10,600 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
15,600 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

$864,344 00 $744,300 00

No. 8 .]

107

S A V IN G S B A N K COM M ISSION ERS.

Charlestown Five Cents Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

$12,000
25.000

Boston & Lowell R.R 4s,
Boston & Lowell R.R. 5s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4Js, .
.
.
.
Fitchburg R.R. 5s, .
Upper Coos R R. 4s,
. . .
Upper Coos R.R. 4|s,
Concord & Claremont R.R. 4is,
Boston & Maine R.R. 4|s,

66.000
60,000

200,000
' 50,000'
75.000
25.000

100,000
$613,000

Estimated
Market Value.

Amount Invested.

$11,700
25.000
62.000
60,000

$12,120
26,250
66,520
60,600
215,050
50,000
81,750
25,875

00
00
00
00
00
00
00
00
112,000 00

200,000
49,700
75.000
25.000

100,000

00
00
00
00
00
00
00
00
00

$650,165 00 $608,400 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

$65,788
137,953
645.000
296.000

96
70
00
00

Rate.

Kate.

Amount.

Kate.

Amount.

per cent.
“
4
“

$287,750 00
1,536,075 00
674,750 00

44 per cent.
5
54
“

$245,100 00
16,100 00
32,500 00

Amount.

14
2

4i

6

64
7

per cent.
“

“

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, 1894,
Value, by books, of other real estate held or owned by foreclosure or other­
wise,
...............................................................................................................................
Assessed value of the s a m e , ........................................................................................
N et incom e received from same during yea r ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each,

$70,000
80,700
80,700
5,444

00
00
00

36

57,500 00
74,870 00
1,831 37

666

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 850
Amount of investments from which no income is recei ved, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur­

995,975 00

ing year ending Oct. 31, 1894,
...............................................................................
Times for the dividends fixed by the by-laws : third Wednesday in April

262,136 89

and October.
Rate and amount of each semi-annual dividend f 24 per cent ,
during the year ending Oct. 31, 1894,
.
t 24 per cent ,

$113,816 53 1
*116,000 00 )

Number o f accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31, 1894,
.
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

* Estimated.

1,836
1,354
15,242

8,800 00

229,816 53

108

R E P O R T O F TH E

[Pub. D oc

Charlestown Five Cents Savings Bank — Concluded.
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ) , ...........................................................
Amount of deposits, not including dividends, received during the year end­
ing Oct. 31, 1894,..................................................................................................
Number o f s a m e , ................................................................................................

$8,940 61
835,651 58

ggg

Amount of withdrawals, including dividends, during the year ending Oct
31, 1894............................................................................................................®

711,659 88

Number of s a m e , ........................................................................................ ........... 4 45
Date of examination by commissioner : April 25.

Classification of Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num.
ber.

Amount.

9,164

$140,699 82

1,277

103,103 88

596

93,297 35

552

200,371 84

188
159

133,209 14
164,969 55

11,936

$835,651 58

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

6,577
23

$465,387 20
4,864 23

55
301

9,200 21
46,307 29

No. 8 .]

109

SA V IN G S B A N K COM M ISSION ERS

CHELSEA SAVINGS BANK — CHELSEA.
Incorporated April 29, 1854.

Present number of corporators, 148.

O t is H i n m a n , President.
A l b e r t A . F ic k e t t , Treasurer.
A l b e r t A . F i c k e t t , Clerk o f the Corporation.

Names o f committee charged with the investment o f its funds:
O t is H i n m a n ,
H o r a t io B. H e r s e y ,
A l o n zo C. T e n n e y ,
John T . H a d a w a y ,
Ja m e s G o u l d .

Open for business every business day, 8

B alance

a .m .

Sh e e t O ctober

p .m . ;

Saturdays, 4 to 8

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,.
Loan on railroad bonds,
Loan on railroad stock,
Real estate (for banking purposes),
.
.
.
.
.
.
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,
Premium account,
Cash on hand,
.
.
.
.

to 1

$568,950
116,700
9,000
189,100
1,000
175

00
00
00
00
00
00

17,425
40,816
1,508,072
392,475

15
23
00
00

44,000
500
85,464
4,351
18,798
3,309

00
00
15
21
90
14

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
•

$3,000,136 78

$2,772,982 40
138,000 00
21,963 95
67,190 43

$3,000,136 78

Cash on Deposit in Banks, amount in each: —
Commercial National Bank, B o s t o n , .....................................................................$25,216 06
First National Bank, C h e l s e a , ..............................................................................
60,248 09
Loans on Bank Stock, amount on each : —
On 35 shares First National Bank, C h e l s e a , ................................................. $3,000 00
On 5 shares First National Bank, Chelsea................................................................
On 40 shares Commercial National Bank, B o s t o n , .......................................
On 40 shares Fourth National Bank, B o s t o n , .................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

500 00
1,500 00
4,000 00

110

R E P O R T O F TH E

[Pub. D oc

Chelsea Savings Bank — Continued.
Loan on Railroad Bonds: —
On $ 1,000 Old Colony R .R . 6

s , ............................................................................. $1,000 00

1
Loan on Railroad Stock: —
On 2 shares Boston & Maine R

.R

. , .................................................................... $ 1 7 5 00

Detailed Statement o f Public Funds.
Estimated
Market Value.

Par Value.

Town of Brookline, Mass., 5s,.
of Canton, Mass., 4s,
of Danvers, Mass., 5s, .
of Norwalk, Conn., 4s, .
of Westminster, Yt., 4s,
of Winthrop, Mass., 5s,.
City of Bay City, Mich., 5s,
of Boston, Mass., 4s,
of Boston, Mass , 6s,
of Cambridge, Mass., 6s, .
of Canton, Ohio, 5s, .
of Chelsea, Mass., 6s.,
of Cleveland, Ohio, 4s,
of Dayton, Ohio, 5s, .
of East Saginaw, Mich., 5s,
of Fall River, Mass., 6s, .
of Fort Wayne, Ind., 4^s,
of Gardiner, Me., 4s,
of Grand Rapids, Mich., 4s,
of Grand Rapids, Mich., 5s,
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, .
Town of Marblehead, Mass , 4s,
City of Newton, Mass , 4s,
of Peoria, 111., 4|s, .
of Providence, R. I., 4is, .
of Saginaw, Mich., 4s,
of Taunton, Mass., 6s,
of Wallingford, Conn., 4s,
of Waltham, Mass., 4s, .
of Worcester, Mass., 4|s,.
of Chicago, 111., 3.65s,
State of New Hampshire 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
8,000
2,000
31,000
1,000
11,000
14,000
75,950
29,000
2,000
16,000
11,000
13,000
19,000
21,500
5,000
20,000
6,000
13,000
22,000
20,000
35,000
5,000
16,000
8,000
6,000
10,000
25,000
15,000
15,000
25,000
2,000
17,000
10,000
20,000
7,000
7,500
$568,950

$5,350 00
8,320 00
2,260 00
31,000 00
1,000 00
11,000 00
14,130 00
83,594 00
34,655 00
2,320 00
16,495 00
11,110 00
13,210 00
19,730 00
22,625 00
5,950 00
21,800 00
6,120 00
13,280 00
22,440 00
20,500 00
40,325 00
5,100 00
18,240 00
8,480 00
6,123 00
10,150 00
26,500 00
15,675 00
15,600 00
25,500 00
2,050 00
17,170 00
10,500 00
21,200 00
6,895 00
8,667 00
$605,044 00

* Legal investments when made.

Amount Invested.

$5,000 00
8,000 00
2,000 00
31,000 00
1,000 00
11,000 00
14,000 00
75,950 00
29,000 00
2,000 00
16,000 00*
11,000 00
13,000 00
19,000 00*
21,500 00
5,000 00
20,000 00
6,000 00
13,000 00
22,000 00
20,000 00
35,000 00
5,000 00
16,000 00
8,000 00
6,000 00
10,000 00
25,000 00
15,000 00
15,000 00
25,000 00
2,000 00
17,000 00
10,000 00
20,000 00
7,000 00*
7,500 00
$568,950 00

No. 8 .]

111

SA Y IN G S B A N K C O M M IS S IO N E D

Chelsea Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

40
86
20
25
43
50
52
40
20
38
14
36
6
70
16
15
15
63
100
43
28
25
50
30
42
50
50
30
45
5
20

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
National City Bank, Boston, .
Commercial N’l Bank, Boston,
N’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
National Eagle Bank, Boston,
Everett Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Massachusetts N’l B’k, Boston,
Merchants’ Nat’l Bank, Boston,
North Nat’l Bank, Boston,
N’l B’k of No. America,Boston,
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Shawmut Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Central Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
First Nat'l Bank, Chelsea,
Railroad Nat’l Bank, Lowell, .
Nat’l Exchange Bank, Salem,
First N’l Bank, So. Weymouth,

$4,000
8,600
2,000
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
4,200
5,000
5,000
3,000
4,500
500
2,000
$116,700

Estimated
Market Value.

$4,910
10,062
2,080
3,050
3,526
4,050
5,980
4,600
1,600
3,163
1,775
3,483
510
6,650
2,524
1,740
1,725
7,717
15,900
4,955
3,248
2,500
4,488
2,640
4,200
6,350
4,500
3,120
5,310
475
2,400

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$129,231 00

Amount Invested.

$4,000
8,600
2,000
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
4,200
5,000
5,000
3,000
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
00
00
00

$116,700 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell ll.R. 4s,
Boston & Providence R.R. 4s, .
Fitchburg R.R 4^s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s,.
Salem & Lowell R.R. 6s, .
Boston & Maine R R. 4^s,
Fitchburg R.R. 4s, .
Maine Central R.R. 7s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$25,000
45.000
20.000
52.000
15.000
10.000
20,000
2,000
100
$189,100

Estimated
Market Value.

$25,500
46,800
20,200
54,740
15,825
10,750
22,000
1,965
110

00
00
00
00
00
00
00
00
00

$197,890 00

Amount Invested.

$25,000
45.000
20.000
52.000
15.000
10.000
20,000
2,000
100

00
00
00
00
00
00
00
00
00

$189,100 00

112

[Pub. D oc

R E P O R T O F TH E

Chelsea Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$85,464 15
228,000 00

Amount.

Rate.

24

4

$174,000 00
543,625 00

per cent.
“

Amount.

Rate.

44

5

$272,650 00
736,947 00

per cent.
“

Amount invested in real estate for banking purposes, .

Rate.

.

.

.

.

Estimated value of the sam e,.........................................................................................
Assessed value of the same, ........................................................................................
Value, by books, o f other real estate held or owned by foreclosure or
o t h e r w i s e ,....................................... .............................................................................
Assessed value of the s a m e , .........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, . 672

54

per cent.

6

$17,425 15
17,500 00
13,700 00
40,816 23
64,750 00
128 14

912,822 00
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 765
22,433 00
Amount o f investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during
146,345 12
year ending Oct. 31, 1 8 9 4 , .........................................................................................
Times for the dividends fixed by the b y-la w s: second Wednesday in April
and October.
Rate and amount of each semi-annual dividend f 2 per cent., $50,156 17 |
101,359 18
during the year ending Oct. 31,1894,
.
.1 2 per cent., 51,203 01 i
Number of accounts opened during the year ending Oct. 31,1894,
1,492
Number of accounts closed during the year ending Oct. 31, 1894,
1,199
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
13,154
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , ........................................................................................ 14,555
Amount of withdrawals, including dividends, during the year ending Oct.
3 1 , 1 8 9 4 , ......................................................................................................................
Number of same.............................................................................................. 10,979
Date of examination by commissioner: April 5.

8,794 99
676,596 49

658,807 12

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ­
ber.

Amount.

12,172

$181,884 04

1,230

98,791 84

559

87,290 22

403

142,167 63

107
84

76,179 43
90,283 S3

14,555

$676,596 49

not
not
not
less

T o the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

6,847
31

$337,150 13
5,998 33

164
744

19,405 81
70,189 80

No. 8 .]

S A Y IN G S B A N K COM M ISSIONERS

113

CH ICOPEE SA V IN G S B A N K — CHICOPEE.

Incorporated Feb. 27, 1845.
John B . W

o od ,

Present number of corporators, 57.

President.
L uther W

H . H . H a r r i s , Treasurer.
h it e ,

Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
J oh n B . W ood ,
L . M. F e r r y ,

J. A . C a r t e r , .
G e o . W . G ib s o n .

Open for business every business day, 9

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,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).............................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Cash on hand,
.
.
.

a

.m .

to 3

p

.m .

31, 1894.

L ia b il it ie s .

|48,000
22,600
500
69,000
589,430
99,782

00
00
00
00
00
03

29,550
500
35,000
3,510
7,229

00
00
00
59
01

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$905,101 63

$854,711 82
38,000 00
12,389 81

$905,101 63

Cash on Deposit in Banks, amount in each : —
First National Bank, Chicopee......................................................... .........
City National Bank, S p rin g fie ld ,...............................................................................
Chicopee National Bank, S p r in g fie ld ,.....................................................................
Pynchon National Bank, S p r in g fie ld ,....................................................................
Third National Bank, S p r i n g f i e l d , .....................................................................
Hampshire County National Bank, N o r t h a m p t o n ,.......................................

Loan on Bank Stock: —
On 20 shares Third National Bank, Springfield,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$3,510
10,000
5,000
5,000
5,000
10,000

59
00
00
00
00
00

[Pub. D oc

R E P O R T O F TH E

114

Chicopee Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Lynn, Mass., 4s, .
of Providence, R. I., 4s, .
of Altoona, Pa., 4s, .
of Chicopee, Mass., 4s,
Town of Rockport, Mass., 4s, .

Estimated
Market Value.

$10,000
10,000
10,000
9.000
9.000

$10,000
10,000
10,000
9.000
9.000

00
00
00
00
00

$48,000

$48,000 00

Amount Invested.

$10,000
10,000
10,000
9.000
9.000

00
00
00
00
00

$48,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

10
100
50
66

Par Value.

N’l B'k of Redemption, Boston,
First Nat’l Bank, Chicopee, .
City Nat’l Bank, Springfield, .
Chapin N’l Bank, Springfield,

$1,000
10,000
5,000
6,600
$22,600

Estimated
Market Value.

$1,100
14,000
7,000
7,920

00
00
00
00

$30,020 00

Amount Invested.

$1,000
10,000
5,000
6,600

00
00
00
00

$22,600 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Albany R R. 4s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4is,
Boston & Providence R R. 4s, .
Maine Central R.R. 5s, .
Old Colony R.R. 4s,.
Old Colony R.R 6s,.
Upper Coos R.R. 4|s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

$10,000
10,000
4,000
10,000
3,000
20,000
5,000
7,000

$10,500
10,000
4,160
10,300
3,000
20,000
5,000
7,000

00
00
00
00
00
00
00
00

$69,000

$69,960 00

Amount Invested.

$10,000
10,000
4,000
10,000
3,000
20,000
5,000
7,000

00
00
00
00
00
00
00
00

$69,000 00

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS.

115

Chicopee Savings Bank — Concluded.
Total Amount o f Loans , with Each Specified Rate o f Interest.

Amount.

$20,000 00
30.000 00
17.000 00

Rate.

Kate.

Amount.

Rale.

Amount.

3 per cent.
4
“
4¿
“

$131,650 00
16,000 00

4£ per cent.
4|
“

$539,262 03
850 00

5 per cent.
6
“

Number of loans which are of an amount not exceeding S3,000 e a c h ,. 243
Aggregate amount of the s a m e , ..............................................................................
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 4 , ........................................................................................
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend $ 2 per cent., $16,247 32 ^
during the year ending Oct. 31, 1894,
.
. ( 2 percent., 16,301 19
Number of accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,

$266,507 00

40,941 20

32,548 51

. 288
. 271

Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,077
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes), ...........................................................................................................
Amount of deposits, not including dividends, received during the year

3,153,93

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 1,842
Amount of withdrawals, including dividends, during the year ending Oct.

134,981 33

31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , ........................................................................................ 2,077
Date of examination by commissioner: March 15.

150,462 70

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
.
Exceeding $50 and
more than $100,
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

• .
not

1,325

$28,427 03

275

23,206 69

112

17,403 00

85

28,727 61

24
21

15,67 2 00
21,545 00

1,842

$134,981 33

not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,.
Of guardians,
O f religious and charitable associations, .
In trust................................

Amount.

736
3

$55,555 00
167 69

22
23

1,056 28
3,720 00

116

R E P O R T O F TH E

[Pub. D oc.

CH ICOPEE P A L L S S A V IN G S B A N K - CHICOPEE P A L L S .

Incorporated M ay 11, 1875.

Present number of corporators, 32.

G e o r g e S. T a y l o r , President.
H e n r y J. B o y d , Treasurer.
H e n r y J. B o y d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
N . R . W ood,
H.
S. N ewell ,

G. M . M orton,

James F lint .

Open for business every business day, 8 to 11 a .m . ; 1 to 4 p . m . ; 6 to 7 p . m .

B

alance

S h e e t O c t o b e r 31, 1 8 9 4 .

A ssets.

L ia b il it ie s .

Bank stock as per schedule,
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Expense account,
Cash on hand....................................

$25,125
244,475
76,133
21,345
29
25
402

00
00
00
97
01
00
69

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

,610 74
7,333 54
1,243 20
9,348 19

$367,535 67

7,535 67

Cash on Deposit in Banks, amount in each : —
Chicopee National Bank, Springfield,
Third National Bank, Springfield,
Pynchon National Bank, Springfield,

.
.
.

$4,029 01
.

.

.

Springfield Safe Deposit and Trust Co , Springfield,
.
Springfield National Bank, Springfield,
City National Bank, S p rin g fie ld ,.......................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

.

.

.

327
2,852
6,155
3,764

71
89
52
54
4,245 31

No. 8 .]

117

S A Y IN G S B A N K COM M ISSIONERS

Chicopee Falls Savings Bank — Continued.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10
10
20
16
13
25
20
40
50
6

Tar Value.

First National Bank, Chicopee,
First N’l Bank, Easthampton,.
Hadley Falls N’l B’k, Holyoke,
Franklin County Nat’l Bank,
Greenfield, .
.
.
.
Palmer National Bank, Palmer,
Chicopee N’l B’k, Springfield,
First Nat’l Bank, Springfield,.
Chapin N’l Bank, Springfield,
City Nat’l Bank, Springfield, .
Agawam N’l Bank, 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.

Amount Invested.

$1,000 00
1,485 00
3,410 00

$1,400 00
1,485 00
3,200 00
1,600
1,300
4,125
3,300
4,930
6,500
600

1,600
1,300
2,500
3,300
4,930
5,000
600

00
00
00
00
00
00
00

00
00
00
00
00
00
00

$25,125 00

$28,440 00

Total Amount o f Loans, with Each Specified Bate of Interest.

Amount.

$21,345 97

Kate.

Amount.

Kate.

Amount.

4 per cent.

$320,608 00

5 per cent.

-

Number of loans which are of an amount not exceeding $3,000 each,

Rate.

-

174

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 151
Gross amount of interest or profits received or earned, as per books, during

$198,938 00

year ending Oct. 31, 1894.............................................................................................
Times for the dividends fixed by the by-la w s: January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent., $6,152 07 )
during the year ending Oct. 31, 1894,
.
.1 2 per cent.,
6,348 23 I
Number of accounts opened during the year ending Oct. 31, 1894,
. 235
Number of accounts closed during the year ending Oct. 31, 1894,
. 212

16,971 22

12,500 30

Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,307
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f ta x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year

1,074 75

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ...................................................................................................1,830
Amount o f withdrawals, including dividends, during the year ending Oct.

90,709 02

31, 1894...............................................................................................................................
Number of s a m e , ................................................................................................... 1,242
Date of examination by commissioner: March 15.

76,771 04


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

118

R E P O R T O F TH E

[Pub. D oc

Chicopee Falls Savings Bank — Concluded.
Classification o f Deposits received during the Tear ending Oct. 31, 1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

1,466

$24,844 76

216

17,646 67

77

11,598 78

45

15,252 47

13
13

8,366 34
13,000 00

1,830

$90,709 02

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

553
8

$33,322 21
3,238 77

40
11

1,667 40
1,509 78

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS.

119

C IT IZ E N S ’ S A V IN G S B A N K — F A L L R IV E R .
Incorporated October, 1851.

Present number of corporators, 55.

J o h n C. M i l n e , President.

E . E . H a t h a w a y , Treasurer.

G eo . H . E d d y , Clerk o f the Corporation.
Names of committee charged with the investment o f its funds:
John 0 . M il n e ,
Sa m u e l W . H a t h a w a y ,
L l o y d S. E a r l e ,
M . G. B. S w if t ,
H enry H . E a r l .
Open for business every business day, 9
B alance

Sh eet

October

a .m .

to 1 p . m.

31, 1894.

A sse ts.

L ia b il it ie s .

$86,500
319,540
109,000
2,875
2,247,713
751,336
62,911
28,889
2,581
4,738

Public funds as per schedule,
Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposit in bank, not on interest,
Expense account,
Cash on hand,
.
.
.
.

00
00
00
08
70
37
58
09
98
04

Deposits, .
Guaranty fund,
Discount account,
Suspense account,

$3,616,085 84

.
.

$3,310,974
131,602
144,308
29,200

73
96
07
08

$3,616,085 84

Cash on Deposit in Banks, amount in each : —
National Bank of Redemption, B o s t o n , ...........................................................$20,914 64
National Bank of the Republic, B o s t o n , ...........................................................
10,890 64
First National Bank, B o s t o n , .............................................................................. 10,219 35
Washington National Bank, B o s t o n , .....................................................................
20,886 95
Pocasset National Bank, Fall R i v e r , .....................................................................
28,889 09

Detailed ¡Statement o f Public Funds.

Par Value.

City of
of
of
of
of

Chicago, 111., 4s, .
Milwaukee, Wis., 5s,
Waterbury, Conn., 4s,
Indianapolis, Inch, 4s,
Fort Wayne, Ind., 6s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.
.
.
.

Estimated
Market Value.

$25,000
29.000
10,500
20.000
2,000

$25,500
31,845
10,920
20,600
2,180

$86,500

$91,045 00

* A legal investment when made.

00
00
00
00
00

Amount Invested.

$25,000
29.000
10,500
20.000
2,000

00*
00
00
00
00

$86,500 00

120

R E P O R T O F TH E

[Pub. D oc

Citizens’ Savings Bank — Continued.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

14 Boston Nat’l Bank, Boston,
6 Continental Nat’l B’k, Boston,
93 Eliot National Bank, Boston, .
250 First National Bank, Boston, .
140 Howard Nat’l Bank, Boston, .
50 Merchants’ Nat’l B’k, Boston,
77 N’l B’k of Commerce, Boston,
128 N’l B’k of Redemption, Boston,
25 N’l B’k of the Republic, Boston,
225 N’) Hide & Leather B’k, Boston,
281 Nat’l Revere Bank, Boston,
35 Shawmut Nat’l Bank, Boston,
51 State National Bank, Boston, .
25 Suffolk Nat’l Bank, Boston, .
102 Washington Nat’l B’k, Boston,
157 Fall River N’l B’k, Fall River,
149 Massasoit N’l B’k, Fall River,
300 Metacomet N’l B’k, Fall River,
110 Nat’l Union Bank, Fall River,
800 Pocasset Nat’l B’k, Fall River,
180 Second Nat’l Bank, Fall River,
13 Railroad Nat’l Bank, Lowell, .

$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
15,700
14,900
30,000
11,000
80,000
18,000
1,300
$321,100

Estimated
Market Value.

$1,456
690
12,183
59,500
13,440
7,850
8,855
16,000
3,975
24,075
26,675
4,060
5,916
2,500
11,118
17,270
22,350
37,500
11,000
112,000
30,600
1,534

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
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

$430,547 00 $319,540 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Maine R.R 4is,
Concord & Montreal R.R. 4s, .
Maine Central R.R. 4^s, .
Maine Central R.R. 5s, .
Maine Central R.R. 6s, .
Maine Central R.R. 7s, .
St. Johnsbury & L. Champlain R.R. 5s,
Worcester, Nashua & Roch. R.R. 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$20,000
20,000
26,000
2,000
500
500
15.000
25.000

Estimated
Market Value.

$22,000
20,400
27,560
2,220
550
550
22.250
25.250

00
00
00
00
00
00
00
00

$109,000 $120,780 00

Amount Invested.

$20,000
20,000
26,000
2,000
500
500
15.000
25.000

00
00
00
00
00
00
00
00

$109,000 00

No. 8 .]

121

S A Y IN G S B A N K COM M ISSION ERS

C i t i z e n s ’ S a v in g s B a n k

— Concluded.

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$20,916 64
41,996 94
2 0 ,0 0 0 00

286,000 0 0

Kate.

Amount.

l£ per cent.
“
3
“
H
“
2

$80,000
260,280
234,032
1,369,557

00
00

37
50

Bate.

Amount.

Kate.

3| per cent.
4
“
4è
“
5
«

$729,166 00
20,014 20

5 i per cent.
6
“

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31,1894,
Number of loans which are of an amount not exceeding $3,000 each,
464
Aggregate amount of the same......................................................................................

643,376 20

Total number o f loans upon real e s t a t e , ................................................. 615
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................

184,547 32

$2,875 08
2,170 00
144 91

Times for the dividends fixed by the b y-law s: second Monday in June and
December.
Rate and amount of each semi-annual dividend f 2£ per cent., $79,646 43 1
during the year ending Oct. 31, 1894,
.
. ( 2| per cent., 72,113 15)
Number of accounts opened during the year ending Oct. 31, 1894,
1,178
Number of accounts closed during the year ending Oct. 31, 1894,
1,142
Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,701
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , ........................................................................................ 4,498
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
5,403
Number of s a m e , ................................................. .........
Date of examination by commissioner: September 13.

151,759 58

10,127 25
464,510 37

560,883 15

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

3,046

$63,074 86

619

51,871 09

339

54,175 05

281

101,992 58

98
115

67,746 53
125,650 26

4,498

$464,510 37

not
not
not
less
.

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and char­
itable associations, .
In trust................................

N um ­
ber.

Amount.

1,995
15

$210,271 79
6,065 97

31
338

5,044 82
71,074 90

[Pub. D oc

R E P O R T O F TH E

122

C IT Y S A V IN G S B A N K — P IT T S F IE L D .
Incorporated April 13,1893.

Present number of corporators, 16.

F r a n c is \V. R o c k w e l l , President.

H i r a m B. W e l l i n g t o n , Treasurer.

B e n j . M . E n g l a n d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
O l iv e r W . R o b b in s ,

W m . M . M ercer,

H e n r y R . P ie r s o n ,

A r t h u r A . M il l s ,

H ir a m B. W e l l in g t o n .

Open for business every business day, except Saturdays, 9 a .m . to 12
Saturdays, 9 a . m . to 12 m . ; 1 to 6 p . m .

B alance

Sheet

O ctober

; 1 to 3

p .m

.

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposit in bank, on interest,
Deposits in banks, not on interest,
Expense account,
Premium account,
F u r n it u r e ,.......................................
Interest account, .
.
.
.
Cash on hand,
.
.
.
.

m.

$5,000
3,403
700
15,000
77,885
7,800

00
00
00
00
00

Deposits, .
Guaranty fund,
Interest account,

$129,469 05
180 46
289 85

00

8 ,0 0 0 00

5,120
3,463
591
1,306
811
34
822

82
15
52
25
76
96
90

$129,939 36

$129,939 36

Cash on Deposit in Banks, amount in each : —
Tittsfield National Bank, P i t t s f i e l d , .................................................................... $1,346 64
Third National Bank, Pittsfield....................................................................................
594 33
Agricultural National Bank, Pittsfield.......................................................................
1,522 18
First National Bank, A d a m s , ..............................................................................
5,120 82
Loans on Bank Stock, amount on each: —
On 5 shares Housatonic National Bank, S tockb ridge,....................................... $450 00
On 10 shares Pittsfield National Bank, P i t t s f i e l d , .......................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

250 00

N o. 8 .]

123

SA Y IN G S B A N K CO M M ISSIO N ERS.

C i t y S a v in g s B a n k

— Continued.

Detailed Statement o f Public Funds.

Par Value.

$5,000

Town of Adams 5s, .

Estimated
Market Value.

Amount Invested.

$5,000 00

$5,500 00

' No. o f
Shares.

Detailed Statement o f Bank Stocks.

19
7

Par Value.

First Nat’l Bank, Springfield,
Housatonic National Bank,
Stockbridge,

Estimated
Market Value.

Amount Invested.

$1,900

$2,318' 00

$2,318 00

700

1,085 00

1,085 00

$2,600

$3,403 00

$3,403 00

Detailed Statement o f Railroad Bonds.

Boston & Maine R.R. 4|s,
Fitchburg R.R. 5s, .
Penobscot Shore Line R R. 4s,

Par Value.

Estimated
Market Value.

$5,000
5.000
5.000

$5,525 00
5,287 50
5,000 00

$5,000 00
5.000 00
5.000 00

$15,000

$15,812 50

$15,000 00

Amount Invested.

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

Kate.

$5,120 82

per cent.

Amount.

$86,825 00

Rate.

5 per cent.

Rate.

Amount.

$7,560 00

6

per cent.

Number o f loans which are o f an amount not exceeding $3,000 each,
46
Aggregate amount of the s a m e , ...............................................................................$52,385 00
Total number of loans upon real e s t a t e , ................................................. 49
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , .......................................................................................
Times for the dividends fixed by the by-laws : first Thursday in January
and July.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2,461 35

124

R E P O R T O F TH E

C i t y S a v in g s B a n k —

[Pub. D oc.

Concluded.

Rate and amount of each semi-annual dividend f 2 per cent.,
$653 27
I
during the year ending Oct. 31, 1894, .
.
1 2 per cent.,
1,353 40
Number of accounts opened during the year ending Oct. 31, 1894,
. 341
Number of accounts closed during the year ending Oct. 31, 1894,
. 67
Total number of open accounts Oct. 31, 1 8 9 4 , ....................................... 482
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................
889
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................
257
Date of examination by commissioner : M ay 18.

$2,006 67

179 38
104,885 86

21,351 77

Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

560

$9,658 49

109

9,418 08

84

13,869 31

85

30,501 41

29
22

19,438 5T
22,000 00

889

$104,885 86

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

189
1

$37,835 76
210 00

3
8

268 00
5,350 00

No. 8 .]

C IT Y

S A Y IN G S B A N K CO M M ISSION ERS

F IV E

CENTS

S A V IN G S

Incorporated March 31, 1870.

125

B A N K — H A V E R H IL L .

Present number of corporators, 61.

J o h n B. N i c h o l s , President.

G e o . W . N o y e s , Treasurer.

G e o . W . N o y e s , Clerk o f the Corporation.

Names of committee charged with the investment of its fund s:
J o h n B . N ic h o l s ,

I e a 0 . Sa w y e r ,
Sa m u e l W . H o p k in s o n ,

C. W . Ch a s e ,

Jo h n E . G a l e .

Open for business every business day, except Saturdays, 9
on Saturdays, 9 a . m . to 12 m .
B alance

A

Sh eet

O ctober

ssets.

a .m

. to 12 m . ; 2 to 3 p . m . ;

31, 1894.

L ia b il it ie s .

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on railroad stock,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposit in bank, on interest,
Expense account,
Taxes p a id ,.......................................
Premium account,
Cash on hand,
.
.
.
.

$121,800
40,100
16,300
178,000
2,100
748,955
339,100
5,000
150
15,162
1,948
1,507
1,989
1,693

00

00
00
00
00
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .

L,377,232 21
63,225 00
24,938 19
8,411 00

00
00
00

89
65
00
86

$1,473,806 40

$1,473,806 40

Cash on Deposit in B a n k : —
First National Bank, Haverhill,

.

........................................................... $15,162 00

Loans on Bank Stock, amount on each: —
On
On
On
On
On
On

100 shares Essex National Bank, H a v e r h ill,................................................. $8,500
50 shares Second National Bank, Haverhill......................................................
5
1 share First National Bank, H a verh ill,...........................................................
2 shares First National Bank, H a v e r h i l l , ................................................
2 shares First National Bank, H a v e r h i l l , ...............................................
5 shares First National Bank, H a v e r h i l l , ................................................

On 20 shares Amesbury National Bank, A m e s b u r y ,........................................

00
000
100
200
200
400

00
00
00
00
00

1,900 00

Loans on Railroad Stock, amount on each: —
On 30 shares Boston & Maine R . R ............................................................................ $1,300 00
On 6 shares Boston & Maine R R
. , ...................................................................
600 00
On 2 shares Boston & Maine R .R ...............................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

200 00

[Pub. Doc

R E P O R T O F TH E

126

C i t y F i v e C e n t s S a v in g s B a n k

— Continued.

Detailed Statement o f Public Funds.

Par Value.

City of
of
of
of
of
of

Akron, Ohio, 5s, .
Grand Rapids, Mich., 5s,
Brockton, Mass ,4s,
Cleveland, Ohio, 4s, .
Haverhill, Mass., 4s, .
Waterbury, Ct., 4s,

$•24,800
5.000
7.000
20,000
40.000
25.000

Estimated
Market Value.

$25,551
5,100
7,245
20,600
41,502
25,342

00
00
00
00
00
00

Amount Invested.

$24,800
5.000
7.000
20,000
40.000
25.000

00
00
00
00
00
00

$121,800 $125,340 00 $121,800 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

74
30
25
9
30
211
9
13

Par Value.

Continental N’l B’k, Boston, .
Massachusetts N’l B’k, Boston,
Merchants’ Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
Tremont Nat’l Bank, Boston, .
First Nat’l Bank, Haverhill, .
Haverhill N’l Bank, Haverhill,
Merrimac N’l Bank,Haverhill,

$7,400
3,000
2,500
900
3,000
21,100
900
1,300
$40,100

Estimated
Market Value.

$8,510
2,850
3,950
1,035
2,640
28,485
1,350
2,080

00
00
00
00
00
00
00
00

$50,900 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

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Maine R.R. 4s, .
Boston & Maine R.R. 4Js,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. os, .
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 7s, .
Old Colony R.R. 6s,
Upper Coos R.R. 4s,
Worcester, Nashua & Rochester
R.R. 4s,...........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$50,000
10,(100
25,000
5,000
33,000
10,000
10,000
10,000
15,000
10,000

Estimated
Market Value.

$51,250
11,050
25,625
4,950
35,215
10,350
13,600
10,400
14,850

00
00
00
00
00
00
00
00
00

10,150 00

Amount Invested.

$50,000
10,000
25,000
5,000
33,000
10,000
10,000
10,000
15,000

00
00
00
00
00
00
00
00
00

10,000 00

$178,000 $187,440 00 $178,000 00

No. 8 .]

127

SA V IN G S B A N K CO M M ISSION ERS.

C i t y F i v e C e n t s S a v in g s B a n k

— Concluded.

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$15,162 00
90.000 00
85.000 00

Rate.

2£

4

Amount.

$70,000 00
737,950 00

per cent.
“
“

Rate.

4^ per cent.
5
“

Amount.

Rate.

$40,800 00
87,855 00

5J per cent.
6

Number of loans which are of an amount not exceeding $3,000 each,
253
Aggregate amount of the s a m e , .............................................................................. $359,255
Total number of loans upon real e s t a t e , ................................................. 285
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
71,840
Times for the dividends fixed by the b y -la w s: first Wednesday in June
and December.
Rate and amount of each semi-annual dividend f 2£ per cent., $31,815 30 1
57,424
during the year ending Oct. 31, 1894, .
.
1 2 per c e n t, 25,609 63 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 905
Number of accounts closed during the year ending Oct. 31, 1894,
. 736
Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,663
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
3,917
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
245,353
Number of s a m e , ........................................................................................ 4,299
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
239,462
Number of s a m e , ........................................................................................ 3,620
Date of examination by commissioner: March 13.

00

21

93

23
74

07

Classification o f Deposits received during the Year ending Oct. 31, 1894.
Numher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

3,449

$52,029 95

396

33,040 88

202

31,528 11

168

58,047 50

58
26

40,507 30
30,200 00

4,299

$245,353 74

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and charitable associations, .
In trust, .
.
.
.

Numher.

Amount.

1,713
25

$109,137 89
4,721 72

27
15

9,895 67
3,343 14

[Pub. D oc.

R E P O R T O F TH E

128

C IT Y IN S T IT U T IO N F O R S A V IN G S — L O W E L L .

Incorporated April 12, 1837.

Present number of corporators, 41.

F r e d e r i c T . G r e e n h a e g e , President.

F . A . B u t t k i c k , Treasurer.

F . A . B u t t r ic k , Clerk o f the Corporation.

Names of committee charged with the investment o f its fund s:
A d d is o n P u t n a m ,

F. T. G r ee n h a lg e ,

L eonard H un tr ess,

H e n r y C. Cooper,

F r an k Coburn.

Open for business every business day, 9

B alance

Sh ee t

a .m .

to 1

October

. ; also Saturdays, 7 to 9 p . m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock ,.
Railroad bonds as per schedule,
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Burlington, Iowa, Electric Rail­
way bonds,* .
.
.
.
Suspense account,
Cash on hand,
.
.
.
.

p .m

$ 8 6 6 ,0 0 0
704,969
43,600
1,068,000
25,711
2,582,188
1,002,788

00

75
00
00
68

Deposits, .
Guaranty fund,
Profit and loss
count, .
.

$6,110,216 36
350,000 00
ac­
174,715 79

38
94

16,000 00
50 00
294,975 84
5,000 00
25,250 23
397 33
$6,634,932 15

$6,634,932 15

Cash on Deposit in Banks, amount in each: —
Appleton National Bank, Lowell, .
Pynchon National Bank, Springfield, .
National Bank o f Redemption, Boston,
State National Bank, Boston,
Shoe and Leather National Bank, Boston,

.

. $107,170 93f
.
75,000 00
.
55,511 25
7,001 73
.
50,291 93

* Taken to secure indebtedness.
t This deposit, in excess of the legal limit, has since been reduced.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N o. 8 .]

S A Y IN G S B A N K COM M ISSION ERS.

129

City Institution for Savings — Continued.
Loans on Bank Stock, amount on each: —
$

On 10 shares W am esit National Bank, Lowell,
.
On 15 shares W amesit National Bank, Lowell, .
On 15 shares Brockton National Bank, Brockton,
On 5 shares Brockton National Bank, Brockton, .
On 9 shares National Hide and Leather Bank, Boston
On 5 shares Prescott National Bank, Lowell,
On 38 shares Wamesit National Bank, Lowell,
On 10 shares Massachusetts Loan and Trust Co., Boston,

1,000 00
3.000 00

1.000 00
500
3,800
400
600
10,500

On 6 shares Appleton National Bank, Lowell,
On 111 shares Pacific National Bank, Lawrence,
On 10 shares Old Lowell National Bank, Lowell,

00
00
00
00

00

1,000 00
1,500 00
9.000 00

On 20 shares Lowell Trust Co., Lowell.
On 90 shares Old Lowell National Bank, Lowell,
On 5 shares Appleton National Bank, Lowell,
On 20 shares Lowell Trust Co., Lowell,
On 40 shares Agawam National Bank, Springfield,
On 30 shares First National Bank, Lowell, .
On 30 shares Old Lowell National Bank, Lowell,

2,100 00
3,200 00
3.000 00
3.000 00

Detailed Statement o f Public Funds.
Par Value.

Town of Maynard, Mass., 4s, .
City of Cleveland, Ohio, 4s,
of Des Moines, Iowa, 4s, .
of Des Moines, Iowa, 4^s,
of Fitchburg, Mass., 4s, .
of Lowell, Mass., 4s,
of Milwaukee, Wis , 5s, .
of Saginaw, Mich., 4^s, .
of Altoona, Pa., 4s, .
Town of Cranston, R. 1 , 4s,
City of Lawrence, Mass., 4s, .
of Waterbury, Conn., 4s, .

$15,000
52,000
60,000
90,000
125,000
50,000
100,000
50,000
50,000
74,000
100,000
100,000
$866,000

Estimated
Market Value.

$15,600
53,850
57,000
90,000
132,250
53,000
112,965
54,237
51,500
77,700
106,000
106,000

00
00
00
00
00
00
00
00
00
00
00
00

$910,102 00

Amount Invested,

$15,000
52,000
60,000
90,000
125,000
50,000
100,000
50,000
50,000
74,000
100,000
100,000

00
00
00
00
00
00
00
00
00
00
00
00

$866,000 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

80
200
204
210
124

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Blackstone N’1 Bank, Boston,.
Boston Nat’l Bank, Boston, .
Boylston Nat’l Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$8,000
20,000
20,400
21,000
12,400

Estimated
Market Value.

$9,820
23,400
20,425
21,840
15,562

00
00
50
00
00

Amount Invested.

$8,000
20,000
20,400
21,000
12,400

00
00
00
00
00

130

R E P O R T O F TH E

[Pub. Doc,

City Institution for Savings — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks— Concluded.

39
78
138
146
100
55
200
200
100
135
100
44
100
125

Bunker Hill N’l Bank, 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 Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
Metropolitan N’l B’k, Boston,
Massachusetts Loan and Trust
Company, Boston,
150 N’l B’k of Commerce, Boston,
250 N’l B’k of No. America, Boston,
400 N’l B’k of Redemption, Boston,
400 N’l B’k of the Republic, Boston,
30 National Eagle Bank, Boston,
50 Nat’l Exchange Bank, Boston,
100 N’l Hide & Leather B’k, Boston,
375 National Revere Bank, Boston,
36 National Union Bank, Boston,
70 Nat’l Webster Bank, Boston, .
65 New England N’l B’k, Boston,
167 North Nat’l Bank, Boston,
205 Suffolk Nat’l Bank, Boston,
400 Third Nat’l Bank, Boston,
236 Tremont Nat’l Bank, Boston, .
39 Washington N’l B’k, Boston, .
42 Framingham National Bank,
Framingham,
25 Bay State N’l Bank, Lawrence,
610 Appleton Nat’l Bank, Lowell,
66 First Nat’l Bank, Lowell,
220 Prescott Nat’l Bank, Lowell, .
72 Railroad Nat’l Bank, Lowell, .
41 Wamesit Nat’l Bank, L ow ell,.
25 First N’l Bank, Marlborough,
100 Nat’l Bank of the Commonwealth, Boston, .
40 Old Boston Nat’l Bank, Boston,
265 Second Nat’l Bank, Boston,
100 Shawmut Nat’l Bank, Boston,.
99 State Nat’l Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

Amount Invested.

$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

$7,800
6,396
14,283
16,790
13,100
4,578
47,600
18,000
11,050
13,061
8,500
6,941
9,750

00
00
00
00
00
75
00
00
00
25
00
00
00

$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

00
00
00
00
00
75
00
00
00
00
00
00
00

12,500
15,000
25,000
40,000
40,000
3,000
5,000
10,000
37,500
3,600
7,000
6,500
16,700
20,500
40,000
23,600
3,900

14,625
17,250
28,750
50,300
63,600
2,497
6,337
10,750
35,718
4,833
7,000
10,286
19,372
20,525
35,900
20,768
4,251

00
00
00
00
00
50
50
00
75
00
00
25
00
62
00
00
00

12,500
15,000
25,000
40,000
40,000
3,000
5,000
10,000
37,500
3,600
7,000
6,500
16,700
20,500
40,000
23,600
3,900

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

4,200
1,875
61,000
6,600
22,000
7,200
4,100
2,500

5,460
3,125
76,250
11,550
33,000
9,360
5,945
2,500

00
00
00
00
00
00
00
00

4,200
1,875
61,000
6,600
22,000
7,200
4,100
2,500

00
00
00
00
00
00
00
00

10,000
4,000
26,500
10,000
9,900

13,025
4,180
49,025
11,625
11,484

00
00
00
00
00

10,000
4,000
26,500
10,000
9,900

00
00
00
00
00

$704,975

$858,191 12 $704,969 75

No. 8 .]

131

SA V IN G S B A N K COM M ISSIONERS

City Institution for Savings— Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 7s,
Concord & Montreal R R. 4s, .
Conn. & Passumpsic Rivers R.R. 4 s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 4|s, .
.
.
.
Fitchburg R.R. 5s..............................
Maine Central R.R. 4Js, .
Old Colony R.R. 4s,.
Worcester, Nashua & Roch. R.R. 4s,
Lowell & Lawrence R.R. 6s, .
Sullivan County R.R. 4s, .

Estimated
Market Value.

$150,000 $152,090 00
2,020 00
2,000
205.000 00
200,000
51,250 00
50.000
99,000 00
100,000
100,750 00
100,000
105.000 00
100,000
53.500 00
50.000
163,410 00
156.000
50.500 00
50.000
10,575 00
10.000
102,500 00
100.000

Amount Invested.

$150,000
2,000
200,000
50.000
100,000
100,000
100,000
50.000
156,000
50.000
10.000
100.000

00
00
00
00
00
00
00
00
00
00
00
00

$1,068,000 $1,095,595 00 $1,068,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Kate.

Amount.

$7,001 73
212,974 11
75,000 00

per cent.
2
3

»

Amount.

Rate.

$8,000 00
248,295 77
3,125,254 57

4§ per cent.
H
“

Amount.

$22,000 00
241,076 98

uary and July.
Rate and amount of each semi-annual dividend r 2 percent., $118,105 91 1
during the year ending Oct. 31, 1894,
.
. j 2 percent., 117,491 39 1
Number of accounts opened during the year ending Oct. 31, 1894,
1,742
Number of accounts closed during the year ending Oct. 31, 1894,
2,044
Total number of open accounts Oct. 31, 1894,
.
.
.
.
15,375
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

5^ per cent.
6

5

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
.
.
Number o f loans which are of an amount not exceeding $3,000 each,
453
Aggregate amount o f the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , .......................................
596
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 4 , ..............................................................................
Times for the dividends fixed by the by-laws: second Saturday in Jan­

clusive of taxes),

Rate.

$25,711 68
48,700 00
208 24
624,460 38
28,250 23
321,241 49

235 5 97 30

...................................................................................................13,017 81

132

R E P O R T O F TH E

[Pub. D oc

City Institution for Savings — Concluded.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , .................................................................................................. $736,991 13
Number of s a m e , ........................................................................................ 11,436
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , ........................................................................................ 18,048
Date of examination by commissioner: November 13.

1,028,537 11

Classification of Deposits received daring the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

8,870

$188,714 21

1,331

115,881 74

548

85,513 06

454

152,090 07

141
92

98,971 29
95,820 76

11,436

$736,991 13

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

Num ­
ber.

Amount.

5,484
31

$333,331 88
9,617 31

88
840

10,483 46
45,091 23

No. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

133

C L IN T O N S A V IN G S B A N K — CLIN T O N .

Incorporated M ay 15, 1851.

Present number of corporators, 52.

C h a r l e s L . S w a n , President.

C . L . S. H a m m o n d , Treasurer.

C h a s . G. S t e v e n s , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
C. L . S w a n ,
C. C. S t o n e ,

G. W . W e e k s ,
J. E . T h a y e r ,
L u c iu s F i e l d .

Open for business every business day, except Saturdays, 9
Saturdays, 9 a . m . to 1 p .m .

a .m

. to 12 m ., and 2 to 4 p . m . ;

B alance Sheet O ctober 31, 1894.

A ssets.

L ia b il it ie s .

Public funds as per schedule,
Loan on public funds,
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Loan on railroad stock,
Railroad notes, .
.
.
.
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,
Premium account,
100 shares Oregon Railway and
Navigation Co.,
$5,000 Wabash R .R . 2d mortgage 5 s , .......................................
$10,000 Oregon Short Line &
Utah Northern R .R . 5s,
Cash on hand,
.
.
.
.

$58,000 00
1 ,0 0 0 00

84,000
1,900
85,000
25,000
25,000
803,912
428,640

00
00
00
00
00
14
00

65,100
30,862
10,200
10,682

00
38
89
91

Deposits, .
Guaranty fund,
Profit and loss account, ..

2,082 51

*18,200 00

16,937 18
$1,664,435 50

*

$1,608,952 99
53,400 00

$1,664,435 50

Taken to secure indebtedness.

Cash on Deposit in Banks, amount in each: —
First National Bank, C l i n t o n , .............................................................................. $10,200 89
First National Bank, B o s t o n , ...............................................................................
30,862 38
Loan on Public Funds : —
On $1,000 United States 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1,000 00

[Pub. D oc

R E P O R T O F TH E

134

C lin to n Savings B a n k — Continued.
Loan on Bank Stock : —
On 55 shares First National Bank, C lin to n ,...........................................................$1,900 00

Loan on Railroad Stock : —
On 250 shares Boston & Maine R . R . , .....................................................................$25,000 00

Detailed ¡Statement o f Public Funds.

Par Value.

City of
of
of
of
of
of

Boston, Mass., 4s,
Boston, Mass , 5s,
Cambridge, Mass , 6s, .
Clinton, Mass., 4s,
Providence, R. I., 6s, .
Taunton, Mass., 5s,

$4,000
2,000
5,000
38,000
1,000
8,000
$58,000

Estimated
Market Value.

$4,080
2,300
6,000
39,669
1,160
8,020

00
00
00
66
00
00

$61,229 66

Amount Invested.

$4,000
2,000
5,000
38,000
1,000
8,000

00
00
00
00
00
00

$58,000 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

14 Atlas National Bank, Boston, .
20 Central National Bank, Boston,
5 National City Bank, Boston, .
10 N’l Hide & Leather B’k, Boston,
16 Howard Nat’l Bank, Boston, .
20 Market National Bank, Boston,
50 Manufacturers1N’l B’k, Boston,
30 Metropolitan N’l B’k, Boston, .
2 Boston National Bank, Boston,
44 N’l B’k of No. America, Boston,
70 Nat’l Webster Bank, Boston, .
329 First National Bank, Clinton, .
40 Fitchburg N ’l B’k, Fitchburg,
50 National 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.

$1,400
2,000
500
1,000
1,600
2,000
5,000
3,000
200
4,400
7,000
32,900
4,000

Estimated
Market Value.

$1,638
2,540
410
1,075
1,548
1,700
5,000
2,950
208
5,060
7,000
41,125
6,000

00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$1,400
4,000
500
1,000
1,600
2,000
5,000
3,000
200
4,400
7,000
32,900
6,000

00
00
00
00
00
00
00
00
00
00
00
00
00

5,000
5,000
5,000

4,150 00
7,250 00
7,500 00

5,000 00
5,000 00
5,000 00

$80,000

$95,154 00

$84,000 00

No. 8 .]

135

SA Y IN G S B A N K COM M ISSION ERS

Clinton Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Albany R.R. 6s,
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 5s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 7s, .
Old Colony R.R. 4 s,.
Old Colony R R. 6 s,.
Boston & Lowell R R. 4|s,

$1,000
20,000
4,000
6,000
35,000
7,000
1,000
10,000
1,000
$85,000

Estimated
Market Value.

$1,020
20,400
4,266
6,000
37,408
9,520
1,068
10,650
1,072

Amount Invested.

00
00
67
00
33
00
33
00
50

$91,405 83

$1,000
20,000
4,000
6,000
35,000
7,000
1,000
10,000
1,000

00
00
00
00
00
00
00
00
00

$85,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

Rate.

2 per cent.
4
“
“
4^

$141,600 00
789,226 59
3,028 55

4J per cent.
5
“
5h
“

Amount.

$30,862 38
271,000 00
55,000 00

Amount.

$87,712 00
2,985 00

Rate.

6 per cent.
7

Number of loans which are o f an amount not exceeding $3,000 each, . 337
$401,902
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 381
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 4 , .....................................................................
71,516
Times for the dividends fixed by the by-la w s: second Monday in April
and October.
Rate and amount o f each semi-annual dividend j 2 per cent., $29,319 13 1
59,153
during the year ending Oct. 31, 1894,
.
( 2 per cent.,
29,834 83 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 773
Number of accounts closed during the year ending Oct. 31, 1894,
. 639
Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,239
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
4,625
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................
Number of s a m e , .................................................................................................. 4,241
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , ...................................................................................................3,737
Date of examination by commissioner: April 17.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

17

87

96

96

291,466 76

282,098 66

136

R E P O R T O F TH E

Clinton Savings Bank —

[Pub. Doc

C onclud ed .

Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.

Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

3,115

$64,688 89

607

50,497 01

247

38,442 48

182

60,728 98

52
38

37,094 85
40,014 55

4,241

$291,466 76

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

2,334
13

$152,073 01
2,899 63

90
29

4,445 18
4,494 50

N o. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

137

COHASSET SAVIN' G-S B A N K — C OH AS SET.
Incorporated Feb. 28,1845.

Present number of corporators, 44.

(Vacant) President.

C a l e b L o t h r o p , Treasurer.
C a l e b L o t h r o p , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
M o r g a n B. S t e t s o n ,

L o u is N . L i n c o l n ,

A brah am H. T ow er.

Open for business every business day, 9

a .m

. to 12 m . ; and 1.30 to 4 p . m .

Balance Sheet October 31, 1894.

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes), .......................................
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$9,000
52,700
5,000
23,000
365,559
82,896

00
00
00
00
15
62

31,500
26,394
605
615

00
05
04
28

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
.

$597,270 14

$560,060 99
21,610 00
8,513 14
7,086 01

$597,270 14

Cash on Deposit in Banks, amount in each : —
Boston National Bank, Boston..................................................................................... $18,934 55
Hingham National Bank, H i n g h a m , .....................................................................
7,459 50
Loan on Bank Stock: —
On 50 shares Fourth National Bank, B o s t o n , ................................................. $5,000 00

Detailed Statement o f Public Funds.

Par Value.

City of Springfield, Ohio, 4^s,.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$9,000

Estimated
Market Value.

$9,675 00

Amount Invested.

$9,000 00

[Pub. D oc.

R E P O R T O F TH E

138

C oh a sset Savings B a n k — Continued.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

08
13
45
43

20
40
18

20
25
30
23

12
22
45
32
38
36
15

10
10

Allas National Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston National Bank, Boston,
National City Bank, Boston, .
Columbian Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
National Eagle Bank, Boston,
EverettNationalBank, Boston,
N’l Hide & Leather B’k, Boston,
Market National Bank, Boston,
Merchants’ Nat’l Bank, Boston,
North National Bank, Boston,
National Bank of the Republic,
Boston,
.
.
.
.
Nat’l Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston,
Tremont Nat'l Bank, Boston, .
National Union Bank, Boston,
Washington Nat’l B’k, Boston,
Nat’l Webster Bank, Boston, .

Estimated
Market Value.

Amount Invested.

00
00
00
00
00
00
00
00
50
00
00
00

$3,000
1,300
4,500
4,300

3,200
4,500
3,200
3,800
3,600
1,500

1,000
1,000

00
00
00
00
00
2,010 00
1,080 00
1,000 00

$52,700

$56,196 50

$3,000
1,300
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

$3,510
1,300
4,680
3,526
2,060
4,600
1,494
1,660
2,687
2,550
3,634
1,392

2,000
4,000
1,800

2,000
2,500
3,000
2,300

2,200

00
00
00
00
00
00
00
00
00
00
00
00

00
00
00
00
00
00
1,000 00
1,000 00

3,454
4,275
3,712
4,408
3,164

$52,700 00

Detailed Statement o f Railroad Bonds.

Par Value.

Eastern R.R. 6s,
.
Upper Coos R.R. 4^s,

.

Amount Invested.

10,000

$15,730 00
10,800 00

$13,000 00
10,000 00

$23,000

$26,530 00

$23,000 00

$13,000

.

Estimated
Market Value.

Total Amount o f Loans, with Each Specified Rate oj Diterest.

Rate.

Amount.

$3,246 62
26,394 05
22,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

0
2

per cent.

4

“

“

Amount.

$7,000 00
27,800 00
24,000 00

Rate.

Amount.

Rate.

4^ per cent.
4è
“
4|

$194,010 00
92,400 00
114,499 15

5 per cent.
5è
“
6
»

No. 8 .]

139

SA Y IN G S B A N K COM M ISSION ERS.

C ohasset Savings B a n k —

C oncluded.

Number of loans which are o f an amount not exceeding $3,000 each,

148

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 202
Amount of investments from which no income is received................................
Gross amount of interest or profits received or earned, as per books, during

$116,240 77

year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y -la w s: first Tuesday in January

29,607 33

and July.
Rate and amount o f each semi-annual dividend f 2 per cent., $10,867
during the year ending Oct. 31,1894,
.
. 1 2 per cent., 10,924
Number of accounts opened during the year ending Oct. 31, 1894,
.
Number of accounts closed during the year ending Oct. 31, 1894,
.

69 i
61 j
99
97

3,246 62

21,792 30

Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,315
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes), ............................................................................................................
Amount of deposits, not including dividends, received during the year end­

1,998 52

ing Oct. 31, 1 8 94,............................................................................................................
Number of s a m e , ..................................................................................................
Amount of withdrawals, including dividends, during the year ending Oct.

70,335 73

31, 1894...............................................................................................................................
Number of s a m e , .................................................................................................. 829
Date of examination by commissioner: July 10.

86,228 23

Classification o f Deposits received during the Tear ending Oct. 31, I S 94.
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

407

$8,681 58

95

7,923 53

not
not
57

8,636 74

45

15,454 33

39
2

27,639 55
2,000 00

645

$70,335 73

not
less

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and char­
itable associations, .
In trust, .
.
.
.

Amount.

331
4

$23,123 29
722 32

37
123

2,692 10
10,128 65

140

R E P O R T O F TH E

[Pub. D oc.

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 o h n B . P a c k a r d , President.

W . G . A v e r y , Treasurer.

\V. G . A v e r y , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds:
Ca r l o s B a t c h e l d e r ,

A rthur P. D elabarre,

Jo h n B . P a c k a r d ,

H a r r is D . P e a s e ,
Ch a s . B . M e r r it t .

Open for business every business day, 9

B a l a n c e Sh ee t O ctober

a .m

. to 3 p . m .

31, 1894.

L ia b il it ie s .

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .

$5,000 00
2,000 00
1,890 00
5.000 00
97,615 00
19,380 00

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$154,491 52
1,878 39
678 77

5.000 00
200 00
20,963 68
$157,048 68

$157,048 68

Cash on Deposit in Banks, amount in each: —
Conway National Bank, Conway,
.
.
.
.
National Bank of the Commonwealth, Boston,
City National Bank, Holyoke.................................................
Park National Bank, H o l y o k e , ........................................

$7,243
2,720
6,000
5,000

10
58
00
00

Loans on Bank Stock, amount on each: —
On
On
On
On

3 shares Conway National Bank, Conway,
3 shares Conway National Bank, Conway,
5 shares Conway National Bank, Conway,
15 shares City National Bank, Holyoke,

On 5 shares Northampton National Bank, Northampton,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$90 00

200 00
400 00
700 00
500 00

No. 8 .]

141

SA Y IN G S B A N K COM M ISSIONERS

Conway Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of
of
of
of

Cleveland, Ohio, 5s, .
Boston, Mass., 5s,
Holyoke, Mass., 4s,
Milwaukee, Wis., 5s, .

Estimated
Market Value.

11,000
1,000
2,000
1,000

$1,028
1,160
2,108
1,178

$5,000

$5,476 70

Amount Invested.

70
80
40
80

$1,000
1,000
2,000
1,000

00
00
00
00

$5,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

10
10

Par Value.

Conway N’l Bank, Conway,
City Nat’l Bank, Holyoke,

.

Estimated
Market Value.

Amount Invested.

$1,000
1,000

$1,180 00
1,150 00

$1,000 00
1,000 00

$2,000

$2,280 00

$2,000 00

Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 6s, .
Boston & Albany R.R. 4s,
Connecticut River R.R. 4s,
Old Colony R.R. 4s,.
Worcester, Nashua & Roch. R.R. 4s,

Estimated
Market Value.

$1,000
1,000
1,000
1,000
1,000

$1,048
1,060
1,055
1,053
1,036

$5,000

$5,254 30

80
10
70
50
20

Amount Invested.

$1,000
1,000
1,000
1,000
1,000

00
00
00
00
00

$5,000 00

Total Amount of Loans , with Each Specified Rate of Interest.

Amount.

$2,720 58
7,243 10

Rate.

2

per cent.

3


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$16,000 00
115,735 00

Rate.

4 per cent.
5
“

Amount.

$3,350 00

Rate.

6

per cent.

142

R E P O R T O F TH E

Conway Savings Bank —

[Pub. Doc.

C on clu d ed .

Number of loans which are of an amount not exceeding $3,000 each,
66
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 55
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the by-laws : M ay 1 and November 1.
Rate and amount of each semi-annual dividend f 2 per cent.,
$2,773 11 1
during the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
2,846 01
Number of accounts opened during the year ending Oct. 31, 1894,
87
Number of accounts closed during the year ending Oct. 31, 1894,
78
Total number of open accounts Oct. 31, 1894,
.
.
.
.
602
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 ,...................................................................................................
Number of same........................................................................................................340
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

$56,585 00

7,327 54

5,619 12

454 66
26,949 42

30,413 22

Number of s a m e , .................................................................................................. 377
Date of examination by commissioner : April 30.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ­
ber.

Amount.

241

$4,130 05

48

4,161 81

19

3,013 00

24

9,084 98

4
4

2,559 58
4,000 00

340

$26,949 42

not
not
not
less

To the credit —
Of women, both adult
and minor,
Of guardians,
O f religious and charitable associations, .
In trust................................

Am ount.

154
2

$9,619 04
40 00

1
3

51 00
562 34

No. 8 .]

S A Y IN G S B A N K COM M ISSIONERS

143

C O U N T Y S A V IN G S B A N K — CH ELSE A.

Incorporated Feb. 27, 1890.

Present number of corporators, 62.

A l b e r t D . B osson , President.
G eo. T. R
V e r n o n A . F i e l d , Clerk o f the Corporation.

o berts,

Treasurer.

Names of committee charged with the investment of its funds :
J o h n H . C u n n in g h a m ,
H en ry N . W entw orth,

G eo . W . M o se s ,
A l b e r t D . B osson ,

M il t o n R a y ,

J ohn M u l l o y ,
W . H . H ix o n .

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 cto ber

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Expense account,
Premium account,
Cash on hand,
.
.
.
.

31, 1894.

$17,100
11,800
1,350
16,800
190,622
31,300
15,887
98
1,231
570

00
00

00
00

25
00
30
75
25
76

$286,760 31

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$279,678 00
3,852 00
433 56
2,796 75

$286,760 31

Cash on Deposit in Banks, amount in each: —
Winnisimmet National Bank, Chelsea, .
First W ard National Bank, Boston,
Winthrop National Bank, Boston,

$13,202 67
2,510 64
173 99

Loans on Bank Stock, amount on each: —
On 15 shares Winnisimmet National Bank, C h e l s e a ,....................................... $1,200 00
On 10 shares Baxter National Bank, Rutland, V t . , ........................................
150 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

[Pub. D oc

R E P O R T O F TH E

144

County Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Akron, Ohio, 5s, .
of Brockton, Mass., 4s,
of Cleveland, Ohio, 4s,
of Haverhill, Mass., 4s,
of Lake View, 111., 7s,
of Milwaukee, Wis., 5s,
of Springfield, Ohio, 6s,
Town of Ashland, Mass., 4s,

.
.
.
.

$2,000
4,000
3,000
1,000
3,000
3,000
400
700
$17,100

Estimated
Market Value.

$2,023
4,250
3,068
1,020
3,067
3,309
421
712

60
00
50
00
50
00
00
00

$17,871 60

Amount Invested.

$2,000
4,000
3,000
1,000
3,000
3,000
400
700

00
00
00
00
00
00
00
00

$17,100 00

No. of
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 B’k, Boston,
National Eagle Bank, Boston,
N’l B’k of No America, Boston,
Suffolk National Bank, Boston,
Washington Nat’l B’k, Boston,
Freeman’s Nat’l Bank, Boston,
First Ward Nat’l B’k, Boston,
Third National Bank, Boston,
First National Bank, Chelsea,
Winnisimmet N’l B’k, Chelsea,
Dedham Nat’l Bank, Dedham,
First Nat’l B’k, Newburyport,
So. Danvers N’l B’k, Peabody,
Mechanics’ N’l B’k, Worcester,

$100
1,100
600
300
100
1,000
400
2,500
2,000
1,000
300
600
500
1,000
300
$11,800

Estimated
Market Value.

Amount Invested.

$82
1,138
499
348
100
1,090
400
3,250
1,800
1,050
300
624
650
1,165
300

$100
1,100
600
300
100
1,000
400
2,500
2,000
1,000
300
600
500
1,000
300

00
50
50
00
00
00
00
00
00
00
00
00
00
00
00

$12,797 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$11,800 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Concord & Montreal R.R. 4s, .
Cheshire R.R. 6s,
Old Colony R.R. 6 s,.
Portland & Kennebec R.R. 6s,
Upper Coos R.R. 4s,
Maine Central R.R. 4s,
Maine Central R.R. 4^s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$6,000
3,000
1,000
300
5,000
1,000
500
$16,800

Estimated
Market Value.

$6,195
3,180
1,016
303
5,000
1,000
531

00
00
50
00
00
00
50

$17,226 00

Amount Invested.

$6,000
3,000
1,000
300
5,000
1,000
500

00
00
00
00
00
00
00

$16,800 00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

145

County Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$2,684 63
13,202 67

21

Amount.

$16,050 00
12,500 00

per cent.
“

Rate.

Amount.

5 per cent.
5è
“

$194,722 25

Number of loans which are o f an amount not exceeding $3,000 each, .

Rate.

6

per cent.

131

Aggregate amount o f the s a m e , ....................................... .........
. ■ .
. $164,543
Total number of loans upon real e s t a t e , ................................................. 128
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,........................................................................................
14,441
Times for the dividends fixed by the b y-la w s: third Saturday in April
and October.
Rate and amount of each semi-annual dividend f 2 per cent., $4,337 12 7
g
during the year ending Oct. 31, 1894, .
.
. (2 p e rc en t.,
4,864 8 8 i
’
Number of accounts opened during the year ending Oct. 31, 1894,
. 402
Number of accounts closed during the year ending Oct. 31, 1894,
. 239
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,404
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
.............................................................................. .........
.
2,033
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
143,160
Number of s a m e , .................................................................................................. 2,381
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
103,672
Number of same........................................................................................................ 1,585
Date of examination by commissioner : April 26.
•

00

83

00

21
85

53

Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,

.

N um ­
ber.

Amount.

1,922

$27,610 63

194

15,642 45

111

17,466 23

102

37,577 18

23
29

15,744 36
29,120 00

2,381

$143,160 85

not
not
not
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.
To the credit —
Of women, both adult
and minor,
O f guardians,
Of religious and charitable associations, .
In trust, .
.
.
.

Amount.

840
6

$38,806 36
584 00

83
181

24,817 72
13,816 64

[Pub. D oc.

R E P O R T O F TH E

146

CROCKER IN S T IT U T IO N FOR SA V IN G S — TU R N E R ’S
FALLS.

Incorporated April 3, 1869.

Present number of corporators, 31.

G. L. R is t , President.
D . P . A b e r c r o m b ie , Treasurer.
W . H . P. G il m o r e , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
G. L. R

is t ,

Jam es A . G unn,
E . L . Goddard.

Open for business every business d a y , 9

B alan ce Sh eet O ctober

a .m .

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposit in bank, on interest,
Deposit in bank, not on interest,
Real estate,.......................................
Premium account,
Cash on hand.....................................

to 3

$85,000
23,300
6,750
83,500

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .
Suspense account, .

00
00
00
00

$803,138 62
22,500 00
5,601 80
119 71

31,000 00
403,550 76
179,793 42
8,300 00
3,100 00
5,094 32
2 00 00

1,632 50
139 13
$831,360 13

$831,360 13

Cash on Deposit in Bank : —
Crocker National Bank, Turner’s Falls,

.

.

.

.

.

.

.

$8,194 32

Loans on Bank Stock, amount on each: —
On 17 shares Crocker National Bank, Turner’s Falls, .
On 5 shares Crocker National Bank, Turner’s Falls, .
On 8 shares Crocker National Bank, Turner’s Falls, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,500 00
400 00
500 00

No. 8 .]

147

SA Y IN G S B A N K COM M ISSIONERS

Crocker Institution for Savings — Continued.
$100 00

On 6 shares Crocker National Bank, Turner’s Falls,
On 3 shares Crocker National Bank, Turner’ s Falls,
On 40 shares Packard National Bank, Greenfield,

250 00
4,000 00

Detailed Statement o f Publie Funds.

Par Value.

City of Bangor, Me., Gs, .
of Boston, Mass., ôs,
of Cambridge, Mass., 4 s,.
of Cleveland, Ohio, 5s,
of East Saginaw, Mich., 5s,
of Fort Wayne, Ind., 6s, .
of Fort Wayne, Ind., 4Js,
of Providence, R. I., 5s, .
of Salem, Mass., 5 s,.
of Springfield, Mass., 4s, .
Town of Turner’s Falls (Fire Dis­
trict) 4s,
.
.
.
.
District of Columbia 6s, .
District of Columbia 5s, .
City of Lynn, Mass., 5s, .
of Meriden, Conn., 4s,
of Milwaukee, Wis., 5s, .
of Somerville, Mass., 4|s,

Estimated
Market Value.

Amount Invested.

$5,000
4,000
20,000
4,000
3,000
1,000
4,000
5,000
7,000
5,000

$5,675
4,680
20,900
4,335
3,210
1,095
4,320
5,400
7,805
5,325

00
00
00
00
00
00
00
00
00
00

$5,000
4,000
20,000
4,000
3,000
1,000
4,000
5,000
7,000
5,000

00
00
00
00
00
00
00
00
00
00

4,000
2,000
8,000
1,000
5,000
5,000
2,000

4,160
2,320
8,500
1,110
5,100
5,725
2,160

00
00
00
00
00
00
00

4,000
2,000
8,000
1,000
5,000
5,000
2,000

00
00
00
00
00
00
00

$35,000

$85,000 00

$91,820 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10
7
6
10
10
10
40
40
100

Par Value.

Central Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
Nat’l Webster Bank, Boston, .
Eliot Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
N’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
Conway Nat’l Bank, Conway,
Crocker Nat’l Bank, Turner's
F a l l s , ..................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$1,000
700
600
1,000
1,000
1,000
4,000
4,000

00
00
00
00
00
00
00
00

00
00
00
00
00
00
00
00

$1,000
700
600
1,000
1,000
1,000
4,000
4,000

$1,270
700
600
1,310
880
1,150
4,600
4,800

10,000

12,200 00

10,000 00

$23,300

$27,510 00

$23,300 00

\

[Pub. Doc.

R E P O R T O F TH E

148

Crocker Institution for Savings — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston,Revere Beach & Lynn R R.6s,
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
V
Maine Central R.R. 4|s, .
Old Colony R.R. 6s,.
Portland & Ogdensburg R R 6s,
Vermont & Massachusetts K.R. 5s, .
Boston & Albany R.R. 5s,
Concord & Montreal R R. 4s, .
Boston & Maine R.R. 4£s,
Boston, YVinthrop & Shore R.R. 5s,
Conn. & Passumpsic Rivers R.R. 4s,
Worcester & Nashua R.R. 4s, .

$8,000
5,000
15,000
5,000
5,000
3,500
5,000
10,000
5,000
10,000
5,000
2,000
5,000
$83,500

Estimated
Market Value.

$8,400
5,050
15,600
5,300
5,280
3,850
5,250
10,900
5,125
11,050
5,450
2,040
5,050

00
00
00
00
00
00
00
00
00
00
00
00
00

$88,345 00

Amount Invested,

$8,000
5,000
15,000
5,000
5,000
3,500
5,000
10,000
5,000
10,000
5,000
2,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00

$83,500 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$3,100 00
6,000 00

Rate.

Id per cent.
4

Amount.

$65,500 00

Rate.

Amount.

Rate.

4d per cent.

$526,894 18

5 per cent.

Amount invested in real estate for banking purposes...........................................$31,000 00
Estimated value of the s a m e , ..............................................................................
31,000 00
22,400 00
Assessed value of the s a m e ,........................................................................................
Net income received from same during year ending Oct. 31, 1894,
.
.
1,459 91
Value, by books, o f other real estate held or owned by foreclosure or
otherwise, .....................................................................................................................
200 00
Assessed value of the s a m e ,........................................................................................
300 00
Number of loans which are of an amount not exceeding $3,000 each, 431
Aggregate amount of the s a m e , ...............................................................................
335,402 15
Total number of loans upon real e s t a t e , ................................................. 394
Amount of investments from which no income is received, .
.
.
.
200 00
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894,
..............................................................................
42,413 77
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend | 2 per cent., $14,956 21 1
during the year ending Oct. 31, 1894, .
.
. 1 2 per cent , 15,414 64 I
Number of accounts opened during the year ending Oct. 31, 1894,
. 320
Number of accounts closed during the year ending Oct. 31, 1894,
. 270
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,219


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

39370

’

85

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

Crocker Institution for Savings

149

— C oncluded.

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................$2,317 76
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1894, ..................................................................................................
115,958 01
Number of same..............................................................................................1,706
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

113,040 25

Number o f s a m e , .........................................................................................1,559
Date of examination by commissioner : February 9.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,285

$25,200 86

217

17,274 92

95

14,845 94

65

22,121 82

23
21

15,444 47
21,070 00

1,706

$115,958 01

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
.
.
O f religious and chari­
table associations, .
In trust................................

Amount.

600
3

$36,271 52
23 00

49
16

2,162 60
3,909 53

150

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 ustus M u d g e ,

Present number of corporators, 44.
A l b io n F . W

P r e s id e n t .

A

l b io n

F. W

elch, T r e a s u r e r .

elch, C l e r k o f th e C o r p o r a t io n .

Names o f committee charged with the investment of its funds :
I r a . P . P ope,
J. F r a n k P o r t e r ,
Ch as. H. G ould,
C h a u n c e t S. R ic h a r d s ,
G il b e r t A . T a b l e t .

Open fo r business every business day, 8

a .m .

B a l a n c e S h 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,
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 inter­
est, .................................................
Insurance account,
Taxes p a id ,.......................................
Cash on hand,
.
.
.
.

to 12

m.

; 1 to 3

p .m .

31, 1894.

L ia b il it ie s .

$ 1 0 ,0 0 0
142,480
25,175
150,000
25,000
52,051
510,815
480,485

00

50
00
00
00
51
00
49

Deposits, .
Guaranty fund,
Interest account,
Undivided earnings,

$1,343,262
70,000
4,721
28,811

18
00

47
60

1 ,0 0 0 00

350 00
42,787 59
2,004
145
5
4,494

47
83
62
24

$1,446,795 25

$1,446,795 25

Cash on Deposit in Banks, amount in each : —
Faneuil Hall National Bank, B o s to n ,..................................................................... $38,338 77
First National Bank, D a n v e r s , ..............................................................................
6,448 82
.
4 47
Maverick National Bank, B o s t o n , ................................................. .........


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

151

SA Y IN G S B A N K COM M ISSIONERS

Danvers Savings Bank — Continued.
Loans on Bank Stock, amount on each: —
On
On
On
On
On

6 shares Salem National Bank, Salem.................................................................I
16 shares First National Bank, D anvers,.......................................................... j
5 shares First National Bank, Danvers...............................................................
200 shares Massachusetts National Bank, B o s to n ,........................................
175 shares Traders’ National Bank, B o s t o n ,.................................................

*1 800 00
’
375 00
15,000 00
8,000 00

Loan on Railroad Bonds : —
On $30,000 Providence & Springfield R .R . 5 s , .................................................$25,000 00

Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,

$10,000

Estimated
Market Value.

$10,200 00

Amount Invested,

$10,000 CO

Shares.

1No. of

Detailed Statement o f Bank Stocks.

Atlas National Bank, Boston, .
Blackstone N’l Bank, Boston, .
Continental Nat’l B’k, 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’ Nat’l Bank, Boston,
N’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
National Revere Bank, Boston,
State National Bank, Boston, .
Traders’ Nat’l Bank, Boston, .
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Washington Nat’l Bk, Boston,
First National Bank, Danvers,
National Bank of Commerce,
New Bedford,
125 First N’l B’k, New Bedford, .
20 Warren Nat’ l Bank, Peabody,
10 Rockport Nat’l B’k, Rockport,
270 Asiatic National Bank, Salem,
7 First National Bank, Salem, .
5 Naumkeag Nat'l Bank, Salem,
25 Salem National Bank, Salem,
50
35
10
60
70
85
68
20
50
71
65
75
50
34
80
20
25
131
75


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

Amount Invested.

$5,000
3,500
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

$5,850
3,500
1,150
6,900
8,872
7,480
6,579
1,560
7,887
8,165
7,962
7,125
5,800
2,210
7,180
1.760
2,725
9,988

00
00
00
00
50
00
00
00
50
00
50
00
00
00
00
00
00
75

$5,675
3,500
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

7,500
12,500
2,000
1,000
8,100
700
500
2,500

6,225
18,125
2,400
1,200
8,100
665
600
3,000

00
00
00
00
00
00
00
00

8,962
14,947
2,000
1,000
8,100
700
500
2,862

50
25
00
00
00
00
00
50

$131,425

$143,010 25 $142,480 50

152

R E P O R T O F TH E

[Pub. D oc.

Danvers Savings Bank — Continued.
Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Lowell R.R. 7s,
Boston, Winthrop & Shore R.R. 5 s,.
Fitchburg R.R. 4s, .
Fitchburg R.R. 41s, .
.
.
.
Boston & Maine R.R. 4s, .
Conn. & Passumpsic Rivers R.R. 4s,
Fitchburg R.R. 5s, .
.
.
.
Upper Coos R.R. 4is,
Worcester, Nashua & Rochester
R.R. 4 s , ...................................

$10,000
10,000
10,000
10,000
35,000
25,000
10,000
25,000

Estimated
Market Value.

$10,100
10,900
9,850
10,100
35,700
25,500
10,500
26,250

Amount Invested.

00
00
00
00
00
00
00
00

$10,000
10,000
10,000
10,000
35,000
25,000
10,000
25,000

00
00
00
00
00
00
00
00

15,000

15,300 00

15,000 00

$150,000

$154,200 00

$150,000 00

Total Amount o f Loans, with Each Specified Bate o f Interest.

Amount.

$4,448
38,338
102,623
129,000

Kate.

82
77
50
00

1 ^ per cent.
2
4
“
“

Amount.

$175,000
55,000
268,131
73,050

00
00
99
00

Bate.

Amount.

4£ per cent.
4^
“
5
“

$222,725 00
5,000 00
12,295 00

Bate.

6 per cent.
«

6*

7

Value, by books, o f real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e , ........................................................................................

$52,051 51
45,500 00

Number of loans which are of an amount not exceeding $3,000 each, . 243
Aggregate amount o f the s a m e , ...............................................................................

224,900 49

Total number of loans upon real e s t a t e , ................................................. 245
Amount of investments from which no income is received, .
.
.
.
Gross amount o f interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-law s: April 1 and October 1.
Rate and amount of each semi-annual dividend f 2 per cent., $24,084 68 1
during the year ending Oct. 31, 1894,
.
. i 2 per cent.,
25,574 37 >
Number of accounts opened during the year ending Oct. 31, 1894,
. 402

530 00
72,642 36

50,559 05

Number of accounts closed during the year ending Oct. 31, 1894,
. 297
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,961
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..............................................................................

3,008 14

Amount o f deposits, not including dividends, received during the year
ending Oct 31, 1 8 9 4 , ..................................................................................................

185,151 83

Number of s a m e , ........................................................................................ 2,341
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , ................................................. .........
Date of examination by commissioner: February 6 .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2,507

186,925 23

No. 8 .]

153

SA Y IN G S B A N K COM M ISSION ERS

Danvers Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 31, 1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Num ­
ber.

Amount.

1,676

$33,690 41

309

25,533 08

147

23,634 37

144

49,830 82

40
25

27,458 15
25,005 00

2,341

$185,151 83

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num.
ber.
To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Amount.

1,179
6

$84,276 82
2,420 00

31
118

1,508 95
12,274 55

154

R E P O R T O F TH E

[Pub. D oc

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, 116.

A ugu stu s B . E n d ic o t t , President.
A l f r e d H e w in s , Treasurer.
A l f r e d H e w i n s , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :
A ugu stu s B. E n d ic o t t ,
J ohn R . Bu l l a r d ,
W in s l o w W
Open for business daily, 9
Balance

H o w ar d Colburn,
D on G . H i l l ,
arren.

a .m.

to 12.30

Sh eet October

p .m .

; 2 to 4

p .m .

81, 1894.

Liabilities.

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
( n o t e s ) , .......................................
Deposit in bank, on interest,
Deposit in bank, not on interest,

$676,000 00
70,100 00
712,500 00
35.000
6,427
564,750
515,000

Deposits, .
Guaranty fund,
Profit and loss
count, .

$2,478,068 61
121,389 55
ac­
116,646 61

00
35
00
00

85.000 00
49,327 42
2,000 00
$2,716,104 77

$2,716,104

77

Cash on Deposit in B a n k : —
Dedham National Bank, D e d h a m , .....................................................................$51,327 42

Detailed ¡Statement o f Public Funds.

Par Value.

City of
of
of
of
of
of
of
of

Akron, Ohio, 5s, .
Boston, Mass,, 4s,
Boston, Mass., 6s,
Bridgeport, Ct., 4s,
Cambridge, Mass., 6 s ,.
Chicago, 111,, 7s, .
Cleveland, Ohio, 5s,
Cleveland, Ohio, 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$22,000
112,000
10,000
88,000
10,000
6,000
64,000
1,000

Estimated
Market Value.

$23,842
120,120
11,500
39,900
12,200
6,300
67,310
1,060

* A legal investment when made.

00
00
00
00
00
00
00
00

Amount Invested.

$22,000
112,000
10,000
38,000
10,000
6,000
64,000
1,000

00
00
00
00
00
00*
00
00

No. 8 .]

155

SA Y IN G S B A N K COM M ISSION ERS

Dedham Institution for Savings — Continued.
Detailed Statement o f Public Funds — Concluded.

Par Value.

City of Columbus, Ohio, 4s,
of Dayton, Ohio, 5s,
of Dayton, Ohio, 6s,.
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Fall River, Mass., 4^s,
of Grand Rapids, Mich., 5s,
of Grand Rapids, Mich., 4|s, .
of Hyde Park, 111., 7s,
of Manchester, N. H., 6s,.
of Milwaukee, Wis., 5s, .
of Newton, Mass., 6s,
of Portland, Me., 5s,
of Portsmouth, N. H., 4s,
of Providence, R. I., 4|s,.
of Somerville, Mass., 4^s,
of Springfield, Mass., 6s,.
of Springfield, Ohio, 4^s,
Town of Danvers, Mass., 5s, .
of Hopkinton, Mass., 4s,
of Lincoln, Mass., 6s,
of So. Norwalk, Ct., 6s,
District of Columbia 5s, .
City of Scranton, Pa., 4|s,

Estimated
Market Value.

$10,000
25,000
10,000
4,000
17,000
35,000
10,000
20,000
2,000
15,000
50,000
16,000
17,000
20,000
20,000
15,000
2,000
40,000
3,000
20,000
2,000
5,000
30,000
25,000

$10,200
26,500
11,000
4,120
18,825
37,850
10,200
20,950
2,050
16,200
51,630
19,360
20,910
20,600
20,500
15,450
2,400
40,900
3,270
23,200
2,000
5,050
31,200
27,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$10,000
25,000
10,000
4,000
17,000
35,000
10,000
20,000
2,000
15,000
50,000
16,000
17,000
20,000
20,000
15,000
2,000
40,000
3,000
20,000
2,000
5,000
30,000
25,000

00*
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$676,000 $723,597 00 $676,000 00
* Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

145
50
75
25
40
60
50
25
25
56
150

Tar Value.

Atlas National Bank, Boston,.
Blackstone N’l Bank, Boston,
N’l B’k of Commerce, Boston,
Globe National Bank, Boston,
Howard Nat'l Bank, Boston, .
People’s Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,
State Nat’l Bank, Boston,
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Dedham Nat’l Bank, Dedham,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

$14,500
5,000
7,500
2,500
4,000
6,000
5,000
2,500
2,500
5,600
15,000

$16,965
5,000
8,625
2,250
3,870
9,600
5,750
2,900
3,325
5,600
15,450

$70,100

$79,335 00

00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$14,500
5,000
7,500
2,500
4,000
6,000
5,000
2,500
2,500
5,600
15,000

00
00
00
00
00
00
00
00
00
00
00

$70,100 00

REPORT OF THE

156

[Pub. Doc.

Dedham Institution for Savings — Continued.
Detailed Statement o f Bailroad Bonds.

Boston & Albany R.R. 5s,
Boston & Albany R.R. 4s,
Boston, Clinton, Fitchburg and 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. 4|s,
Boston, Revere Beach & Lynn R.R.6s,
Boston, Winthrop & Shore R.R. 5s,
Eastern R.R. 6s,
. . .
Fitchburg R.R 4s, .
Fitchburg R.R. 5s,
. . .
Leeds & Farmington R.R. 6s, .
Maine Central R R 4s,
Maine Central R.R. 7s,
Newport & Richford R.R. 5s, .
New York, Prov. & Boston R.R. 7s,
Old Colony R R. 4 s,.
Old Colony R R 6s,.
Portland & Ogdensburg R R. 6s,
Portsmouth, Great Falls and Con­
way R.R. 4|s,
.
.
.
.
Salem & Lowell R.R. 6s,.
Vermont & Massachusetts R R. 5 s,.

Par Value.

Estimated
Market Value.

Amount Invested.

$80,000
25,000

$86,400 00
26,500 00

$80,000 00
25,000 00

35,000
20,000
5,000
5,000
26,000
29,000
45,000
11,000
28,000
29,000
45,000
15,000
4,500
3,000
31,000
35,000
30,000
25,000
10,000
31,500

37,800
20,600
5,100
5,150
26,650
29,000
48,600
11,440
30,240
34,800
45,000
15,500
4,635
3,150
34,450
37,800
34,200
25,500
10,500
34,650

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
45,000
11,000
28,000
29,000
45,000
15,000
4,500
3,000
31,000
35,000
30,000
25,000
10,000
31,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00*
00
00
00
00

15,000
10,500
119,000

15,900 00
11,025 00
126,140 00

15,000 00
10,500 00
119,000 00

$712,500

$760,730 00

$712,500 00

* A legal investment when made.

Total Amount o f Loans, with Each Specif ed Bate o f Interest.
Amount.

$49,327 42
380,000 00

Rate.

2

4

per cent.
“

Amount.

Rate.

$192,000 00
91,900 00

4 j per cent.
5
“

Amount.

$3,500 00
497,350 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, 1894,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Rate.

per cent.
6

“

$35,000 00
50,000 00
45,950 00
593 62

No. 8.]

157

SAYINGS BANK COMMISSIONERS.

Dedham Institution for Savings — Concluded.
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,. 405

$6,427 35
6,700 00

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 43(5
Gross amount of interest or profits received or earned, as per books, during

400,775 00

year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: second Saturday in May

135,954 11

and November.
Rate and amount of each semi-annual dividend f 2 per cent., $46,365 79 1

92,966 14

during the year ending Oct. 31, 1894, .
.
. 1 2 per cent., 46,600 35 i
Number of accounts opened during the year ending Oct. 31, 1894,
. 6 68
Number of accounts closed during the year ending Oct. 31, 1894,
. 530
Total number of open accounts Oct. 31, 1894,
.
.
.
.
6,439
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ........................................................................................
Number of s a m e , ........................................................................................3,658
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number o f s a m e , ........................................................................................3,726
Date of examination by commissioner: June 5.

6,348 75
331,791 52

345,218 05

Classification o f Deposits received during the Year ending Oct. 31, 1894.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ­
ber.

Amount.

2,467

$51,995 61

573

47,314 89

249

38,647 42

243

85,781 55

73
53

54,252 05
53,800 00

3,658

$331,791 52

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

1,624
7

$147,894 77
3,966 00

46
338

9,014 25
23,649 79

158

REPORT OF THE

EAST

BOSTON

S A V IN G S

Incorporated April 26, 1848.

[Pub. Doc

B A N K — E AST BOSTON.

Present number of corporators, 28.

G e o . T . S a m p s o n , President.

W i l l i a m B. P ig e o n , Treasurer.

W i l l i a m B . P ig e o n , Clerk o f the Corporation .

Nam es of committee charged with the investment o f its funds:
Jo h n T h o m p s o n ,

G eo . L. T h o r n d ik e ,

W . B . P ig e o n ,

N . M . Je w e t t ,

R ufus Cu s h m a n ,

R o b e r t C r o s b ie ,

E . M . M cP h er so n .

Open for business every business day, 9

B

alance

a .m .

p .m

Sh e e t October

A ssets.

Public funds as per schedule,
Loan on public funds,
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, .
Expense account,
Cash on hand,
.
.
.
.

to 2

. ; and Saturdays, 7 to 9 p . m .

31, 1894.

L ia b il it ie s .

$340,000
25,000
241,580
244,000

00
00
00
00

14,540
6,303
1,430,299
377.050
30,551
2,957
7,840

10
39
00
00
74
52
84

2,720,122 59

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

2,506,083 80
123,949 61
26,837 73
63,251 45

2,720,122 59

Cash on Deposit in Banks, amount in each : —
First W ard National Bank, B o s t o n , .................................................................... $30,458 17
First National Bank, B o s t o n , ..............................................................................
93 57

Loan on Public Funds : —
On $25,000 City of Providence, R . I., 5s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$25,000 00

No. 8.]

SAYINGS BANK COMMISSIONERS

159

East Boston Savings Bank — Continued.
Detailed Statement o f Publie Funds.

Par Value.

City of Boston, Mass., 5s,
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Dayton, Ohio, 5s,
of Detroit, Mich., 6s,
of Fall River, Mass, 4|s, .
of Fort Wavne, 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., 4|s, .
of Providence, R. 1 , 5s, .
of Saginaw, Mich., 4^s, .
of Springfield, Ohio, 4^s,
of Waltham, Mass., 4s, .
of Woonsocket, R. 1 , 4s, .
District of Columbia 7s,
County of Aroostook, Me., 4is,
City of Milwaukee, Wis., 5s, .
of Newton, Mass., 4s,

$30,000
16,000
9,000
40,000
8,000
15,000
3,000
2,000
3,000
7,000
5,000
10,000
12,000
22,000
5,000
22,000
25,000
50,000
1,000
25,000
20,000
10,000
$340,000

Estimated
Market Value.

$34,470
17,520
9,420
44,570
9,840
16,200
3,300
2,070
3,285
7,690
5,275
11,900
12,540
24,975
5,350
24,270
26,125
51,500
1,240
26,500
22,400
10,750

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$371,190 00

Amount Invested.

$30,000
16,000
9,000
40,000
8,000
15,000
3,000
2,000
3,000
7,000
5,000
10,000
12,000
22,000
5,000
22,000
25,000
50,000
1,000
25,000
20,000
10,000

00
00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$340,000 00

* A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

50
50
200
33
50
100
170
40
100
115
138
260
75
80
4
50

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,
Boston Nat’l Bank, Boston, .
Blackstone N’l Bank, Boston,
Boylston Nat’l Bank, Boston,
Continental N’l Bank, Boston,
N’l B’k of Commerce, Boston,
Commercial N’l Bank, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
First Ward N’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Mechanics’ N’l Bank, Boston, .
Merchants’ N’l Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
5,000
20,000
3,300
5,000
10,000
17,000
4,000
10,000
11,500
13,800
26,000
7,500
8,000
400
5,000

Estimated
Market Value.

$6,187
5,850
21,000
3,308
6,275
12,225
19,890
3,200
8,325
15,065
17,595
26,000
8,250
7,990
476
7,937

00
00
00
00
00
00
00
00
00
00
CO

00
00
00
00
00

Amount Invested.

$5,000
5,000
20,000
3,300
5,000
10,000
17,000
3,880
10,000
11,500
13,800
26,000
7,500
8,000
400
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

160

REPORT OF THE

[Pub. Doc.

East Boston Savings Bank — Continued.

Ko. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

Par Value.

50 Market Nat’l Bank, Boston, .
50 Mt. Vernon N’l Bank, Boston,
50 Manufacturers’ N’l B’k, Boston,
150 N’l B’k of No. America, Boston,
10 North National Bank, Boston,
100 National Revere Bank, Boston,
100 N’l B’k of the Republic, Boston,
34 N’l B’k of Redemption, Boston,
25 Second National Bank, Boston,
105 Suffolk National Bank, Boston,
75 Shoe & Leather N’l B’k, Boston,
100 State National Bank, Boston, .
50 Tremont Nat’l Bank, Boston, .
3 Nat’l Webster Bank, Boston, .

$5,000
5,000
5,000
15,000
1,000
10.000
10,000
3,400
2,500
10,500
7,500
10,000
5,000
300
$241,700

Estimated
Market Value.

$4,250
6,000
5,006
18,000
1,167
9,525
15,450
4,275
4,625
10,513
6,787
11,675
4,400
300

00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$5,000
5,000
5,000
15,000
1,000
10,000
10,000
3,400
2,500
10,500
7,500
10,000
5,000
300

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$271,546 00 $241,580 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Albany R.R. 5s,
Boston, Clinton & Fitchburg R.R. 5s,
Boston & Maine R.R. 4is,
Fitchburg R.R. 5s, .
Leeds & Farmington R R. 6s, .
Maine Central R.R. 4is, .
Maine Central R.R. 6s, .
Old Colony R.R. 6s,.
Portland & Ogdensburg R.R. 6s,
Ports , Gt. Falls & Conway R.R. 4|s,
St. Johnsbury & L. Champ. R R 5s,

$30,000
11,000
75.000
18.000
6,000
12,000
26,000
21,000
15.000
5,000
25.000
$244,000

Estimated
Market Value.

$32,700
12,430
82.500
19,200
6,180
12,660
28,000
22,140
16.500
5,500
28,750

00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$30,000
11,000
75.000
18.000
6,000
12,000
26,000
21,000
15.000
5,000
25.000

00
00
00
00
00
00
00
00
00
00
00

$266,560 00 $244,000 00

Total Amount of Loans, with Each Specified Bate o f Interest.
Bate.

Amount.

$55,551
120,800
105,000
62,000

74
00

00
00

per cent.
“
“
44
“
2

4


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$25,000
28,350
912,950
13,500

00
00
00
00

Rate.

Amount.

Rate.

4£ per cent.
4|
“
5
«
54
“

$340,875 00
196,874 00

5^ per cent.
6
“
7

2 ,0 0 0 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

162

[Pub. Doc

REPORT OF THE

EAST BRIDGEW ATER SAVINGS BANK — EAST
BRIDGEWATER.

Incorporated March 8 , 1870.

Present number of corporators, 45.

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 o f its fund s:
Sa m u e l K e i t h ,

Jo h n H o b a r t ,

G eo . M . K e it h ,

Jo s h u a D e a n ,

A ahon H o b aet,

I. N . N u t t e r .

Open for business every business day, 9 a . m . to 12 m . ; 2 to 4
and Saturdays, 6.30 to 8 p. m .

Bala n c e Sh eet October

f .m

. ; also Wednesdays

31, 1894.

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 purposes,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposit in bank, on interest,
Expense account,
Bank building expense and in­
come account,
Cash on hand,
.
.
.
.

$15,500 00
85,967 00
7 1 ,0 0 0 00
1 2 ,0 0 0 00

336,975 00
219,159 55

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Suspense account, .

$738,171 18
26,000 00
15,334 55
5,394 51
295 09

900 00
26,981 01
551 18
133 09
16,028 50
$785,195 33

$785,195 33

Cash on Deposit in Bank : —
Tremont National Bank, B o s t o n ,...............................................................................$26,981 01


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8.]

163

SAYINGS BANK COMMISSIONERS.

East Bridgewater Savings Bank— Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Rockford, 111., 4|s,
of Milwaukee, Wis., 5s, .

Estimated
Market Value.

Amount Invested.

$10,000
5,500

$10,600 00
6,160 00

$10,000 00
5,500 00

$15,500

$16,760 00

$15,500 00

No. of
Shares.

Detailed Statement o f Dank Stocks.

25
20
25
75
25
35
10
23
20
40
20
50
20
22
120
50
27
12
50
40
20
15
50
25

Par Value.

National City Bank, Boston, .
National Bank of the Com­
monwealth, Boston,
National Eagle Bank, Boston,
Fourth National Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Market National 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 Nat’l B’k, 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,
.
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$2,500

$2,050 00

$2,500 00

2,000
2,500
7,500
2,500
3,500
1,000
2,300
2,000
4,000
2,000
5,000
2,000
2,200
12,000
5,000
2,700
1,200
5,000
4,000
2,000

2,605
2,000
8,887
2,250
3,080
1,105
2,472
1,700
4,000
2,300
6,125
2,305
2,552
10,770
4,400
2,700
1,398
5,750
7,000
2,060

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
2,700
1,200
5,000
4,580
2,000

00
00
50
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
00
00
00
00
25
00
00
00
00
00
00
00

1,500

2,500 00

2,500 00

5,000

5,862 50

5,500 00

2,500

1,537 50

1,510 75

$81,900

$87,410 00

$85,967 00

KEPORT OF THE

164

[Pub. Doc.

East Bridgewater Savings Bank — Continued.
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, .
N ewport & Richford R.R. 5s, .
Old Colony R.R. 6s,
. . .
Upper Coos R.R. 4s,
. . .
Vermont & Massachusetts R.R. 5 s ,.
Boston & Maine R.R. 4^s,
Concord & Montreal R.R. 4s, .

Estimated
Market Value.

$15,000
4,000
5,000
16,000
5,000
6,0©0
5,000
5,000
5,000
5,000

$15,225
4,200
6,100
16,720
5,300
6,180
4,800
5,450
5,500
5,100

$71,000

$74,575 00

Amount Invested.

00
00
00
00
00
00
00
00
00
00

$15,000
4,000
5,000
16,000
5,000
6,000
5,000
5,000
5,000
5,000

00
00
00
00
00*
00
00
00
00
00

$71,000 00

* A legal Investment when made.

Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$26,981 01
2 0 ,0 0 0 00

30,000 00

2

4
H

per cent.
“
“

Amount.

$ 6 8 ,0 0 0 00
106,600 0 0

Rate.

4£ per cent.
5

Amount.

$31,400 0 0 '
301,034 55

Rate.

5£ per cent.
“

6

Amount invested in real estate for banking p u rp oses,.......................................

$ 12,000 00

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, 322

12,000 00
8,400 00

Aggregate amount of the s a m e , .................................................
Total number of loans upon real e s t a t e , ................................................. 319
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the.by-law s: first Monday in January
and July.

260,899 55

Rate and amount of each semi-annual dividend f 2| per cent., $15,563 50 1
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 14,120 44 i
Number of accounts opened duringthe year endingOct. 31,1894,
. 193
Number o f accounts closed duringthe year ending Oct. 31, 1894,
. 166
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,051
Total expenses o f the corporation for the year ending Oct. 31, 1894 (e x ­
clusive of taxes),
.................................................
.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................1,058
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 4 , ............................................................................................................
Number of s a m e , ................................................................................. 1,235
Date of examination by commissioner: April 3.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

40,376 73

29,683 94

1,862 08
94,459 21

94,128 54

No. 8.]

SAYINGS BANK COMMISSIONERS

165

East Bridgewater Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

729

$15,120 82

140

11,452 06

83

13,499 05

73

26,103 66

18
15

13,283 62
15,000 00

1,058

$94,459 21

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Amount.

480
8

$37,258 84
1,456 98

15
66

394 44
5,391 38

[Pub. Doc.

REPORT OF THE

166

EAST CAMBRIDGE FIV E CENTS SAVINGS BANK — EAST
CAMBRIDGE.

Incorporated April 29, 1854.

Present number of corporators, 36.

J o h n C. B u l l a r d , President.

W i l l i a m E . L l o y d , Treasurer.

W i l l i a m E . L l o y d , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
A n d r e w J. G r e e n ,

Ja m e s M . P r i c e ,

J o h n C. B u l l a r d ,

B e n j . F . T h om pson,

W m . G oepper.

Open for business every business day, 9

B a l a n c e Sh e e t O c t o b e r

a .m

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking pur­
poses)...............................................
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,
East Cambridge Land Company,
Cash on hand,
.
.
.
.

. to 1 p . m .

$36,000
137,916
3.000
59,500

00
67
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$2,051,357 98
101,788 40
750 56
8 8 ,6 8 8

95

6 .0 0 0 00

1,421,001 97
542,672 28
8 ,0 0 0 00

690 00
17,396 32
2 ,0 0 0 00

658 50
1 00

7,749 15
$2,242,585 89

$2,242,585 89

Cash on Deposit in Banks, amount in each : —
Lechmere National Bank, East C am b ridge,........................................................... $4,200 36
Cambridge National Bank, East C a m b r i d g e , ..................................................
15,195 96

Loan on Bank Stock: —
On 30 shares Lechmere National Bank, East Cambridge,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$3,000 00

No. 8.]

SAVINGS BANK COMMISSIONERS

167

East Cambridge Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Grand Rapids, Mich., 4|-s, .
of Lynn, Mass., 4s, .
Town of Webster, Mass., 4s, .
of Wellesley, Mass., 4s,

Estimated
Market Value.

$10,000
10,000
10,000
6,000

$10,937
10,645
10,668
6,306

00
00
00
00

$36,000

$38,556 00

Amount Invested.

$10,000
10,000
10,000
6,000

00
00
00
00

$36,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

7
36
63
41
67
80

Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Bunker Hill N’l Bank, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Commonwealth, Boston,
30 Continental N’l Bank, Boston,
12 Eliot National Bank, Boston, .
16 Nat’l Exchange Bank, Boston,
20 Faneuil Hall N’l Bank, Boston,
50 First Ward N’l Bank, Boston,
21 Globe National Bank, Boston,
115 N’l Hide & Leather B’k, Boston,
60 Howard Nat’l Bank, Boston, .
5 Massachusetts N’l B’k, Boston,
50 Merchants’ N’l Bank, Boston,
40 Metropolitan N’l B’k, Boston,
20 New England N’l B’k, Boston,
19 North National Bank, Boston,
5 N’ l B’k of No. America, Boston,
10 N’l B’k of Redemption, Boston,
58 N’l B’k of the Republic, Boston,
38 National Revere Bank, Boston,
183 Third Nat’l Bank, Boston,
76 Tremont Nat’l Bank, Boston,
5 Nat’l Union Bank, Boston,
45 Nat’l Webster Bank, Boston, .
26 Nat’l City Bank, Cambridge, .
24 Charles River National Bank,
Cambri dge, .
.
.
.
51 Lechmere N’l B’k, Cambridge,
33 Concord Nat’l Bank, Concord,
11 Fall River N’l B’k, Fall River,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$700
3,600
6,300
4,100
6,700

$833
3,492
6,552
8,405
7,772

00
00
00
00
00

$700
3,600
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
500
1,000
5,800
3,800
18,300
7,600
500
4,500
2,600

10,240
3,720
1,512
2,016
2,620
6,500
1,890
12,765
6,060
485
8,150
3,840
3,200
2,280
580
1,260
8,990
3,686
16,653
6,460
690
4,545
4,290

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
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
500
1,000
5,800
3,800
18,300
7,600
500
4,500
2,600

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

2,400
5,100
3,300
1,100

3,672
8,925
4,620
1,210

00
00
00
00

2,400
5,066
3,300
1,100

00
67
00
00

Par Value.

[Pub. Doc,

REPORT OF THE

168

East Cambridge Five Cents Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

25
35
13
30

Estimated

Par Value.

First Nat’l Bank, Malden,
First N’l Bank, Marlborough,
Newton Nat’l Bank, Newton, .
Merchants’ National Bank,
Newbury port,

Market Value.

Amount Invested.

$2,500
3,500
1,300

$3,850 00
3,325 00
1,300 00

$2,500 00
2,850 00
1,300 00

600

750 00

600 00

$139,600

$167,138 00

$137,916 67

Detailed Statement o f Railroad Bonds.

Par Value.

Eastern R.B. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Conn. & Passumpsic Rivers R.R. 4s,
Maine Central R.R. 7s, .
Portsmouth, Great Falls & Conway
R.R. 4 | s , ...................................

$8,500
4,000
20,000
15,000
10,000

Estimated
Market Value.

$10,262
3,844
20,270
15,408
13,750

Amount Invested.

$8,500
4,000
20,000
15,000
10,000

05
80
00
00
00

00
00
00
00
00

2,000

2,220 00

2,000 00

$59,500

$65,754 85

$59,500 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

Rate.

Rate.

Amount.

4| per cent.

$415,375 00
225,467 97
5,000 00

Amount.

•
$2,672 28
17,396 32
8 ,0 0 0 00

204,000 00

0
2

H
4

per cent.

“

<<

$ 2 1 0 ,0 0 0 0 0
1 0 2 ,2 0 0 00

4i

“

48,000 00
754,649 00

4|
5

“

Aggregate amount of the s a m e , ...........................................................
Total number of loans upon real e s t a t e , ........................................
Amount of investments from which no income is received,.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

6 ,0 0 0 00

e , ...........................................................

Assessed value of the s a m e , .....................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are o f an amount not exceeding $3,000 each,

7

$ 6 ,0 0 0 0 0

Amount invested in real estate for banking purposes,
Estimated value of the s a m

5£ per cent.
6

5,000 00
160 54
575
749,196 97
687
2,673 28

No. 8 .]

S A Y IN G S B A N K CO M M ISSIO N ERS.

169

East Cambridge Five Cents Savings Bank — Concluded.
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................ $108,505 97
Times for the dividends fixed by the by-laws : April 15 and October 15.
Rate and amount of each semi-annual dividend f 2 per cent., $38,439 26 i
during the year ending Oct. 31, 1894, .
.
i 2£ per cent., 47,060 32 J
Number of accounts opened during the year ending Oct. 31,1894,
1,686
Number of accounts closed during the year ending Oct. 31, 1894,
1,422
Total number of open accounts Oct. 31, 1894,
.
.
.
.
7,889

§5499

-g

’

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes)..............................................................................................................

5,384 90

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894........................................................................................................

533,511 23

Number of s a m e , ........................................' .............................................. 10,661
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................

494,169 11

Number of s a m e , ........................................................................................ 7,736
Date of examination by commissioner : February 2.

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Num ­
ber.

Amount.

8,857

$133,770 33

913

72,873 83

400

62,225 13

303

102,354 54

113
75

80,499 77
81,787 63

10,661

$533,511 23

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

8,781
9

$318,377 03
1,614 42

11
354

1,673 38
97,789 95

170

R E P O R T O F TH E

[Pub. D oc

E A S T H A M P T O N S A V IN G S B A N K - E A S T H A M P T O N .

Incorporated Feb. 10, 1869.
J o h n M a y h e r , President.
O. G . W

Present number o f corporators, 29.
S a m u e l T . S e e l y e , Treasurer.

eb ster,

Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
Jo h n M a y h e r ,
F . C. G r e e n e ,
G eo. L. M an ch ester.

Open for business every business day, 9

B a l a n c e Sh e e t O c t o b e r

A ssets.

Bank stock as per schedule,
Loans on bank stock, .
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,

a .m .

to 3

p .m .

31, 1894.

L ia b il it ie s .

$252,734
2,030
350,081
154,044
83,565
10,000
597

45
00
50
52
70
00
81

$853,053 98

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$810,773 17
40,500 00
1,439 75
341 06

$853,053 98

Cash on Deposit in Banks, amount in each : —
First National Bank, A d a m s , ............................................................................... $5,000 00
First National Bank, E a s t h a m p t o n ,.....................................................................
33,565 70
Hampshire County National Bank, N o r t h a m p t o n , .......................................
20,000 00
Pynchon National Bank, S p rin g fie ld ,.....................................................................
15,000 00
Springfield National Bank, S p r i n g f i e l d , ...........................................................
10,000 00
Springfield Safe Deposit and Trust Company, Springfield, .
.
.
.
10,000 00

Loans on Bank Stock, amount on each : —
On 3 shares First National Bank, E asth am pton,..................................................$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

No. 8 .]

171

SA Y IN G S B A N K CO M M ISSIO N ERS.

Easthampton Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

100 First National Bank, Adams, .
14
7

20
50
25

20
188
44

100
115
50

100
100
111
50

100
100
59
89

100
80
50
50

100
130

Blackstone Nat’l B’k, Boston,.
N’l B’k of Commerce, Boston,
North National Bank, Boston,
Second National Bank, Boston,
State National Bank, Boston, .
N’l B’k of Redemption, Boston,
First N’l Bank, Easthampton,.
First National Bank, Lynn,
Berkshire N’l B’k, No. Adams,
Northampton National Bank,
Northampton,
Hampshire Co. National Bank,
Northampton,
Pittsfield N’l Bank. Pittsfield,.
Chicopee N’l B’k, Springfield,
Chapin Nat’l B’k, Springfield,
City Nat’l Bank, Springfield, .
First Nat’l Bank, Springfield,.
Agawam N’l B’k, Springfield,.
John Hancock National Bank,
Springfield, .
.
.
.
Second N’l Bank, Springfield ,
Pynchon N’l B’k, Springfield,.
Housatonic National Bank,
Stockbridge,
First Nat’l Bank, Westfield, .
First Nat’l B’k, West Newton,
Franklin Co. National Bank,
Greenfield, .
.
.
.
Springfield N’l B’k, Springfield,

Estimated
Market Value.

Amount Invested.

00
00
00
00
00
00
00
00
00
00

$14,100 00
1,400 00
700 00
2,000 00
9,000 00
3,181 25
2,520 00
18,800 00
5,720 00
10,000 00

18,550 00

17,825 00

6,250
16,494
18,000
17,108
7,250
14,951

00
00
00
00
00
00
11,000 00

5,800
16,494
16,750
17,108
7,250
14,951

7,465 00
13,795 00
15,250 00

7,465 00
13,570 00
15,250 00

3,000
5,000
5,000

4,800 00
7,000 00

6,000 00

4,000 00
7,000 00
5,000 00

10,000

10,500 00
18,200 00

10,500 00
16,350 00

$190,200 $272,254 00

$252,734 45

$10,000
1,400
700

2,000
5,000
2,500

2,000
18,800
4,400

10,000
11,500
5,000

10,000
10,000
11,100
5,000

10,000
10,000
5,900
8,900

10,000

13,000

$15,000
1,500
840
2,600
9,500
3,181
2,600
28,200
5,720
10,500

00
20
00
00
00
00
10,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$83,565 70
253,815 00
4,000 00

Rate.

4 per cen t.
5
5i
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Rate.

Amount.

$67,066 50
181,074 52
100 00

5^ per cent.
6

“

6è

“

Amount.

$100 00

Rate.

7 per cent.

172

R E P O R T O F TH E

[Pub. Doc

Easthampton Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each, 265
Aggregate amount of the s a m e , ...............................................................................
Total number o f loans upon real e s t a t e , ................................................. 259

$275,981 02

Gross amount of interest or profits received or earned, as per books, during
39,198 11
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the by-laws : January 23 and July 23.
Rate and amount of each semi-annual dividend f 2J per cent., $16,527 11 1
33,414 05
during the year ending Oct. 31, 1894,
.
. ( 2^ per cent., 16,886 94 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 332
Number of accounts closed during the year ending Oct. 31, 1894,
. 253
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
2,166
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
2,491 19
Amount of deposits, not including dividends, received during the year
ending Oct. 3 1 , 1 8 9 4 , ..................................................................................................
146,144 22
Number of s a m e , ......................................................................................... 1,675
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
126,548 99
Number of s a m e , .........................................................................................1,591
Date of examination by commissioner : March 12.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ­
ber.

Amount.

1,259

$28,260 40

181

14,493 14

86

13,480 22

80

29,273 28

30
39

21,213 14
39,424 04

1,675

$146,144 22

not
not
not
less

T o the credit —
O f women, both adult
and minor,
Of guardians,
Of religious and chadtable associations, .
In trust, .
.
.
.

Am ount.

779
18

$60,956 28
9,249 41

74
34

5,122 96
11,111 62

No. 8 .]

173

SA V IN G S BANK COM M ISSION ERS

EAST W EYM OUTH SAVINGS BANK — EAST W EYMOUTH.
Incorporated Feb. 20, 1872.

Present number of corporators, 48.

Z e c h a r i a h L . B i c k n e e l , President.
J o h n A . R a y m o n d , Treasurer.
J o h n A . R a y m o n d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
Z . L. B ic k n e e l ,
John W . B ate s,
H . F . B ic k n e l l ,
N . D. Canterbury,
E . G. B a t e s ,
Ch as. H . P ratt,
J o se p h A . C u s h in g .

Open for business every business day, 2 to 5

B a la n c e Sh e e t

p .m .

October

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , ........................................
Loans on depositors’ books,
Deposit in bank, on interest,
Cash on hand,
.
.
.
.

; Saturday, 2 to 6

$78,000
47,950
66,000
378,348
5,312

00
00
00
67
30

5,000
320
26,158
194

00
00
44
80

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$607,284 21

$567,741 61
27,626 00
11,916 60

$607,284 21

Cash on Deposit in Bank : —
$26,158 44

Broadway National Bank, Boston,

Detailed Statement o f Public Funds.

Par Value.

City of
of
of
of
of
of

Detroit, Mich., 6s,
Detroit, Mich., 7s,
Fall River, Mass., 6s, .
Fort Wayne, Ind., 4^s,
Grand Rapids, Mich , 8s,
Hyde Park, 111., 7s,
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,000
2,000
2,000
5,000
3,000
1,000

Estimated
Market Value.

$1,240
2,540
2,380
5,350
3,210
1,020

00
00
00
00
00
00

Amount Invested.

$1,000
2,000
2,000
5,000
3,000
1,000

00
00
00
00
00
00

[Pub. D oc.

R E P O E T O F TH E

174

East W eym outh Savings Bank — Continued.
Detailed Statement of Public Funds — Concluded.
Par Value.

City 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., 7 s ,.
Town of South Abington, Mass., 4s,
of Turner’s Falls, Mass., 4s, .
of Weymouth, Mass., 4s,
District of Columbia 7s, .
City of Boston, Mass., 4s,
of Brockton, Mass., 4s, .
of Cleveland, Ohio, 5s,
of Dayton, Ohio, 4s, .

Estimated
Market Value.

$1,110
2,380
3,420
3,660
2,320
1,190
1,240
5,200
5,200
11,495
4,740
10,200
10,400
3,435
3,000

$1,000
2,000
3,000
3,000
2,000
1,000
1,000
5,000
5,000
11,000
4,000
10,000
10,000
3,000
3,000
$78,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$84,730 00

Amount Invested.

$1,000
2,000
3,000
3,000
2,000
1,000
1,000
5,000
5,000
11,000
4,000
10,000
10,000
3,000
3,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00*

$78,000 00

* A legal investment when made.

Detailed Statement o f Bank Stocks.
O o

Ó1
^ 55
10
35
5
4
27
15
30
25
25
8
17
33
25
5
25
5
138
25
25

Par Value.

Central Nat’l Bank, Boston, .
Columbian Nat’l B’k, Boston, .
First Ward Nat’l B’k, Boston,
National Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,
State National Bank, Boston, .
Boston National Bank, Boston,
N’l B’k of Commerce, Boston,
Everett National Bank, Boston,
N’l Hide & Leather B’k, Boston,
Manufacturers’ N’l B’k, Boston,
N’l B’k of No. America, Boston,
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Dedham Nat’l Bank, Dedham,
Salem National Bank, Salem,
Union Nat’l Bank, Weymouth,
Massachusetts Loan and Trust
Company, Boston,
Globe National Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,000
3,500
500
400
2,700
1,500
3,000
2,500
2,500
800
1,700
3,300
2,500
500
2,500
500
13,800

Estimated
Market Value.

$1,270
3,622
650
380
3,111
1,740
3,120
2,875
2,081
860
1,700
3,795
2,243
440
2,550
600
13,800

00
50
00
00
75
00
00
00
25
00
00
00
75
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
3,300
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
2,500

2,931 25
2,200 00

2,500 00
2,250 00

$48,200

$49,970 50

$47,950 00

No. 8 .]

175

SA Y IN G S B A N K CO M M ISSION ERS.

East W eym outh Savings Bank — Continued.
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 & Lawrence R.R. 6s, .
Maine Central R.R. 7s, .
N. Y., Providence & Boston R.R. 7s,
Old Colony R.R. 4^s,
Old Colony R R 6s,.
Portland & Ogdensburg R.R. 6s,
Upper Coos R.R. 4|s,
Vermont & Massachusetts R.R. 5 s,.

Estimated
Market Value.

$14,000
3,000
3,000
5,000
1,000
7,000
1,000
5,000
7,000
8,000
10,000
2,000

$15,960
3,150
3.090
4,925
1,060
7,700
1,120
5,275
7,350
8,800
10,500
2,180

$66,000

$71,110 00

Amount Invested.

$14,000
3,000
3,000
5,000
1,000
7,000
1,000
5,000
7,000
8,000
10,000
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

$66,000 00

Total Amount o f L oam , with Each Specified Rate o f Interest.

Amount.
$26,158 44
5,000 00
2,400 00

Kate.
3 per cent.
4
“
5
“

Amount.
$4,800 00
356,067 78
8,906 86

Rate.
5J per cent.
6
6h
“

Rate.

Amount.
$10,381 33
1,425 00

Number of loans which are of an amount not exceeding $3,000 each,

7 per cent.
8

302

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 301
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ...............................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend f 2^ per cent., $11,815 28 |
during the year ending Oct. 31, 1894,
.
. 1 2^ per cent., 12,076 39
Number of accounts opened during the year ending Oct. 31, 1894,
. 228
Number o f accounts closed during the year ending Oct. 31, 1894,
. 229
1,797
Total number of open accounts Oct. 31, 1894.......................................
Total expenses of the corporation for the year ending Oct. 31,1894 (ex­

$326,680 97

32,513 86

23,891 67

clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year end­

1,463 26

ing Oct. 3 1 ,1 8 9 4 ,............................................................................................................
Number of s a m e , ........................................................................................ 1,374
Amount of withdrawals, including dividends, during the year ending Oct.

106,954 25

31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 1,303
Date of examination by commissioner: M ay 11.

102,110 69


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

176

R E P O R T O F TH E

[Pub. Doc,

East W eym outh Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

1,020

$20,011 25

157

12,757 00

99

15,293 09

57

22,481 97

14
27

9,410 94
27,000 00

1,374

$106,954 25

not
not
not
less

N um ­
ber.
To the credit—
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Am ount.

466
6

$31,165 17
1,113 00

106
86

6,014 21
16,592 32

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

177

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, 50.

J o h n C a r r , President.
F r a n k E . G r a n g e r , Treasurer.
J o h n F . N e w t o n , Clerk o f the Corporation.

Names of committee charged with the investment of its funds.
J o h n Ca r r ,
Gorh am R ogers,
S a m u e l B . H o p k in s ,
W i l l i a m S. L e l a n d ,
G reen leap C. G eorge.

Open for business every business day, 9

a .m .

to 3

p .m .

B alance S heet October 31, 1894.

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Loans on railroad bonds, .
Railroad notes, .
.
.
.
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,
.
.
.
.

L ia b il it ie s .

$257,100
57,200
1,000
530,500
125,000
25,000
1,615,610
608^000
166,503
5,000
610
197
6,813

00
00
00
00
00
00
25
00
73
00
67
79
89

$3,398,536 33

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
T ax account, .
Suspense account, .

$3,271,572 08
91,659 94
632 82
28,971 58
4,400 00
1,299 91

$3,398,536 33

Cash on Deposit in Banks, amount in each : —
People’s National Bank, B o s t o n ,...............................................................................$76,024 35
Frst National Bank, Boston............................................................................................
48,529 80
National Revere Bank, B o s t o n , ...............................................................................
46,949 58

Loan on Bank stock: —
On 10 shares National Exchange Bank, B o s t o n , ................................................. $1,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

[Pub. D oc

R E P O R T O F TH E

178

Eliot Five Cents Savings B a n k — Continued.
Loans on Railroad Bonds, amount on each : —
On $52,000 Boston & Maine R .R . 4 s , .....................................................................$50,000 00
On $50,000 Boston & Albany R .R . 6 s , ..................................................................... 1
On $5,000 Concord & Montreal R .R . 4 s , ...........................................................j
On $16,000 Boston & Maine R .R . 4 ^ s , .....................................................................

50 000 00
’
15,000 00

On $10,000 Fitchburg R .R . 5 s , ...............................................................................

10,000 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., 4^s,
of Fall River, Mass , 6s, .
of Holyoke, Mass., 4s,
of Lynn, Mass., 5s, .
of Manchester, N. H ., 6s,.
of Providence, R. I ., i^ s , .
of Providence, R. I ., 5s, .
of Springfield, Mass., 6 s, .
of Taunton, Mass , 5s,
of Taunton, Mass., 6s,
Town of Brookline, Mass., 7s,
of Marlborough, Mass., 4s,
District of Columbia 5s, .
State of New Hampshire 6s, .
City of Haverhill, Mass., 4s, .

.

$4,000
42,600
25,000
5,000
10,000
10,000
10,000
20,000
10,000
10,000
5,000
20,000
20,000
10.000
10,000
4,000
9,000
7,000
500
25,000

Estimated
Market Value.

$4,740
43,452
29,000
6,150
10,100
10,500
11,900
20,900
11,150
10,100
5,200
21,580
23,800
10,100
10,250
4,360
9,450
7,420
620
26,250

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$4,000
42,600
25,000
5,000
10,000
10,000
10,000
20,000
10,000
10,000
5,000
20,000
20,000
10,000
10,000
4,000
9,0C0
7,000
500
25,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$257,100 $277,022 00 $257,100 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

10
70
20
50
10
13
30
30
61
10

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Columbian N’l Bank, Boston, .
Continental N’l Bank. Boston,
Eliot National Bank, Boston, .
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston, .
Mt Vernon N’l Bank, Boston,
N’l B’k of No. America, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,000
7,000
2,000
5,000
1,000
1,300
3,000
3,000
6,100
1,000

Estimated
Market Value.

$1,220
8,190
2,040
5,700
1,310
1,248
2,550
4,710
7,320
1,130

00
00
00
00
00
00
00
00
00
00

Amount Invested.

$1,000
7,000
2,000
5,000
1,000
1,300
3,000
3,000
6,100
1,000

00
00
00
00
00
00
00
00
00
00

No. 8 .]

179

SA V IN G S B A N K COM M ISSION ERS

Eliot Eive Cents Savings Bank — Continued.

Ko. ot
Shares.

Detailed Statement o f Bank Stocks— Concluded.

20
10
171
43
14
10

Par Value.

N’l B’k of Redemption, Boston,
National Eagle Bank, Boston,
People’s Nat’l Bank, Boston, .
Shaw mat Nat’l Bank, Boston,
State National Bank, Boston, .
Naumkeag N’l Bank, Salem, .

$2,000
1,000
17,100
4,300
1,400
1,000
$57,200

Estimated
Market Value.

$2,500
830
27,360
4,988
1,624
1,300

00
00
00
00
00
00

$74,020 00

Amount Invested.

$2,000
1,000
17,100
4,300
1,400
1,000

00
00
00
00
00
00

$57,200 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 6s,
Boston & Maine R R. 4 s,.
Boston & Providence R R. 4s, .
Concord & Montreal R.R. 4s, .
Fitchburg R R 4£s, .
.
.
.
Fitchburg R R 5s, .
.
.
.
Newport & llichford R.R. 5s, .
Maine Central R R. 4is, .
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. 6s,.
Vermont & Massachusetts R.R. 5s,.
Worcester, Nashua & Rochester R.R.
4 s,....................................................
Boston & Albany R.R. 4s,
Conn. & Passumpsic Rivers R.R. 4s,
Connecticut River R.R. 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$11,000
50,000
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

$12,540
50,500
3,090
25,500
26,000
51,000
25,250
5,180
23,100
53,000
25,000
36,925
6,060
18,150
21,500
40,330

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$11,000
50,000
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
00

25,000
50,000
25,000
25,000

25,400
52,750
25,625
25,625

00
00
00
00

25,000
50,000
25,000
25,000

00
00
00
00

$530,500 $552,525 00
* A legal investment when made.

$530,500 00

180

[Pub. D oc

R E P O R T OF TH E

Eliot Five Cents Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$166,503
175,000
878,400
61,750

73
00
00
00

Kate.

Amount.

Kate.
2 per cent.
3à
“
4
“
4i

$747,700
29,500
439,607
25,600

00
00
32
00

4£ per cent.
?
5è

::
“

Rate.

Amount.
$14,352 93
1,500 00
1,200 00

6 per cent.
7
8
«

Number of loans which are of an amount not exceeding $3,000 each,

162
Aggregate amount of the s a m e , .............................................................................. $273,110 25
Total number of loans upon real e s t a t e , ..................................................308
5,000 00
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur­
145,634 43
ing year ending Oct. 31, 1 8 9 4 , ...............................................................................
Times for the dividends fixed by the b y-la w s: second Wednesday in
April and October.
Rate and amount of each semi-annual dividend ( 2 per cent., $58,176 O il
118,561 37
during the year ending Oct. 31, 1894,
.
. I 2 per cent., 60,385 36 J
Number of accounts opened during the year ending Oct. 31, 1894,
1,276
Number o f accounts closed during the year ending Oct. 31, 1894,
. 998
Total number of open accounts Oct. 31, 1894,
.
.
.
.
10,344
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
8,425 49
clusive of taxes),
..................................................................................................
Am ount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 9,760
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

705,071 90

621,752 15

Number o f s a m e , ........................................................................................ 8,119
Date of examination by commissioner: February 26.

Classification o f Deposits received during the Tear ending Oct. 31,18,94.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .
Totals,

.

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

7,342

$131,828 05

1,153

93,747 85

not
not
547

84,838 13

439

156,579 31

133
146

91,786 46
146,292 10

9,760

$705,071 90

not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

5,166
9

$350,168 67
3,656 93

83
893

6,976 23
75,682 70


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

182

[Pub. D oc

R E P O R T O F TH E

E ssex Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,
of Chicago, 111., 4s, .
of Fall River, Mass., 6s,
of Lawrence, Mass., 4s,
of Lawrence, Mass , 6s,
of Lynn, Mass., 6s, .
of Newton, Mass., 5s,
of Brockton, Mass., 4s,
of Dayton, Ohio, 5 s,.
of Indianapolis, Ind., 4s,

.
.
.

.

Estimated
Market Value.

Amount Invested.

$200,000 $203,000 00 $200,000 00
135.000 00*
137,700 00
135.000
25.000 00
29,000 00
25.000
176.000 00
177,750 00
176.000
5,000 00
5,500 00
5,000
50.000 00
51,500 00
50.000
16.000 00
17,600 00
16.000
40.000 00
41,100 00
40.000
39.000 00*
39,410 00
39.000
100.000 00
102,500 00
100.000
$786,000

$805,060 00 $786,000 00

* Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

130 Atlas National Bank, Boston,.
40 Atlantic Nat’l Bank, Boston, .
6 Blackstone N’l Bank, Boston,.
30 Boston National Bank, Boston,
80 N’ l B’k of the Commonwealth,
Boston,
.
.
.
.
75 N’l B’k of Commerce, Boston,
20 Continental N’l Bank, Boston,
130 National City Bank, Boston, .
80 Eliot National Bank, Boston, .
100 Everett Nat’l Bank, Boston, .
47 Globe National Bank, Boston,
232 Howard Nat’l Bank, Boston, .
100 N’l Hide & Leather B’k, Boston,
60 Lincoln Nat’l Bank, Boston, .
40 Massachusetts N’l B’k, Boston,
200 Merchants’ Nat’l Bank, Boston,
46 Mt. Vernon N’l Bank, Boston,
150 N’l B’k of No. America, Boston,
100 North National Bank, Boston,
225 National Revere Bank, Boston,
250 N’l B’k of the Republic, Boston,
27 Shawmut Nat’l Bank, Boston,
100 Suffolk National Bank, Boston,
100 State National Bank, Boston, .
100 Tremont Nat’l Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

$13,000
4,000
600
3,000

$15,000
4,800
600
3,100

00
00
00
00

$13,000
4,000
600
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
20,000
4,600
15,000
10,000
22,500
25,000
2,700
10,000
10,000
10,000

10,400
8,600
2,300
10,600
10,400
8,300
4,000
21,900
10,700
4,600
3,800
31,400
5,500
17,200
11,600
21,300
39,700
3,100
10,000
11,500
8,800

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

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

No. 8 .J

183

SA V IN G S B A N K COM M ISSION ERS.

Essex Savings Bank — Continued.

No of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

10
166
300
300

Par Value.

National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Bay State NT B’k, Lawrence,.
Lawrence NT B’k, Lawrence, .

$1,000
16,600
22,500
30,000
$316,900

Estimated
Market Value.

$1,100
16,600
36,000
33,000

Amount Invested.

$1,000
16,600
22,500
30,000

00
00
00
00

$365,900 00

00
00
00
00

$316,900 00

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 & Roch. R.R. 4s,

$50,000
50.000
200,000
105,000
20.000

Estimated
Market Value.

$50,000
52,000
206,000
115,200
20,200

00
00
00
00
00

$425,000 $443,400 00

Amount Invested.

$50,000
50.000
200,000
105,000
20.000

00
00
00
00
00

$425,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$266,548
25.000
20.000
10,000

06
00
00
00

2 per cent.
3
“
3h
“
3|
“

Kate.

Amount.

$622,500
100,000
1,241,050
2,578,668

00
00
00
40

4 per cent.
4i
“
4è
“
5
“

Amount.

$94,550 00
399,292 93

Rate.

5J per cent.
6
“

Amount invested in real estate for banking p urposes,....................................... $20,000 00
Estimated value of the s a m e , ..............................................................................
30,000 00
Assessed value of the s a m e , ........................................................................................
30,000 00
Net income received from same during year ending Oct. 31, 1894,
.
.
1,821 00
Number of loans which are of an amount not exceeding $3,000 each,
491
Aggregate amount of the same......................................................................................
Total number of loans upon real e s t a t e , ................................................. 694
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894,
...............................................................................
Time for the dividends fixed by the b y-la w s: third Wednesday in April
and October.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

610,896 00

337,587 22

184

'

R E P O R T O F TH E

[Pub. Doc.

Essex Savings Bank — C o n clu d ed .
Rate and amount, of each semi-annual dividend f 2 per cent., $118,393 59 } ^23? 7 - 9 2r
during the year ending Oct. 31, 1894,
.
. ( 2 per cent., 119,358 67 J ^
’ °
Number of accounts opened during the year ending Oct. 31, 1894,
3,399
Number of accounts closed during the year ending Oct. 31, 1894,
3,119
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
17,694
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
11 700 68
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , .................................................................................................. 1,235,029 21
Number of s a m e , ................................................................................................. 416
Amount of withdrawals, including dividends, during the year ending Oct.
31> 1894>
...................................................................................................................... 1,333,742 08
Number of s a m e , .................................................................................................14,226
Date of examination by commissioner : May 8.

Glassification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

14,295

$268,663 29

1,974

157,632 45

903

139,229 56

753

267,787 92

325
166

230,779 09
170,936 90

not
not
not
less

18,416 $1,235,029 21

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

9,202
42

$614,901 36
15,006 53

203
310

28,051 26
44,331 12

No. 8 .]

185

SA Y IN G S B A N K CO M M ISSION ERS.

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 o f corporators, 26.

J a m e s P. S t e w a r t , President.
S a m u e l P. C a n n e l l , Treasurer.
H e n r y K . V e a z i e , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
W oodbury A . H a m ,
D a n ie l B. F e s s e n d e n ,
N a t h a n ie l J. M e a d ,
Sam u e l P . Ca n n e l l ,
S a m u e l M . J o h n so n .

Open for business every business day, 2 to 4

p .m .

; and Saturday, 7.30 to 8.30

p .m .

Balance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

$2,000 00
75,225 00
1,000 00

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, .
Cash on hand,
.
.
.
.

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count,
Uncompleted mort­
gage loans, .

13,000 00
24,849 94
1,501 25

$114,812 73
1,100 00
48 08
665 38
950 00
$117,576 19

$117,576 19

Cash on Deposit in Banks, amount in each : —
Winthrop National Bank, B o ston ,.............................................................................. $3,547 84
First National Bank, C h e l s e a , ...............................................................................
5,044
Winnisimmet National Bank, C helsea,....................................................................
5,792
National Security Bank, B o s t o n ,..............................................................................
5,065
First National Bank, M a l d e n , ...............................................................................
5,400

18
65
27
00

No. of
Shares.

Detailed Statement of Bank Stocks.

20

Par Value.

Globe Nat’l 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

186

R E P O R T O F TH E

[Pub. D oc.

Everett Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$5,400 00
8,613 11
10,836 83

Kate.

Amount.

$6,000 00
15,550 00

1£ per cent.
2
2£

“
“

Kate.

4 per cent.
5
“

Amount.

Rate.

$19,400 00
48,275 00

5^ per cent.
6

Number of loans which are of an amount not exceeding $3,000 each,
52
Aggregate amount of the s a m e , ..............................................................................
Total number o f loans upon real e s t a t e , ................................................. 52
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-law s: second Wednesday in April
and October.
Rate and amount of each semi-annual dividend f 2 per cent, $1,767 28 )
during the year ending Oct. 31, 1894,
.
. 1 2 per c en t, 1,889 74 J
Number of accounts opened during the year ending Oct. 31,1894,
. 184
Number of accounts closed during the year ending Oct. 31, 1894,
. 102
Total number of open accounts Oct. 31, 1 8 9 4 , ........................................ 979
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 1,340
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

$65,725 00

5,213 04

3,657 02

590 90
65,109 47

54,703 76

Number of s a m e , ............................................................................................. 858
Date of examination by commissioner: February 16.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

1,093

$16,020 88

117

9,344 62

65

9,877 28

49

17,024 19

11
5

7,842 50
5,000 00

1,340

$65,109 47

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
In trust, .
.
.
.

568
6
92

%
Am ount.

$23,145 99
1,439 58
6,801 33

No. 8 .]

187

SA Y IN G S B A N K COM M ISSION ERS.

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.

Present number of corporators, 31.

G e o . II. T a b e r , President.

C h a s . H . M o r t o n , Treasurer.

C h a s . H . M o r to n , Clerk o f the Corporation.

Names of committee charged with the investment of its fu n d s:
G eo . H . T a b e r ,
W a l t e r P . W in s o r ,
C y ru s D . H unt,
L e v i M. S n o w ,
John B . H ussey.

Open for business every business day, 9

a .m .

to 1 p . m .

B alance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Sea View Hotel and W harf Co.
s t o c k , * .......................................
Cash on hand,
.
.
.
.

$7,500
114,870
1,050
23,500

00
00
00
00

4,500
12,000
195,276
118,385
17,957
4,000

00
00
46
33
25
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count,

$476,357 52
22,100 00
44 55
2,721 63

2,153 96
30 70
$501,223 70

$501,223 70

* Taken to secure indebtedness.

Cash on Deposit in Bank : —
National Bank of Fairhaven, Fairhaven,

$21,957 25

Loans on Bank Stock, amount on each: —
On 5 shares National Bank of Fairhaven, Fairhaven,.......................................
On 25 shares National Bank of Fairhaven, Fairhaven,
.
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 50 00
1,000 00

188

R E P O R T O F TH E

[Pub. D oc

Fairhaven Institution for Savings — Continued.
Detailed Statement o f Public Funds.

City of Belfast, Me , 6s, .
Town of Fairhaven, Mass., 7s,

Par Value.

Estimated
Market Value.

Amount Invested.

$6,500
1,000

$6,727 00
1,030 00

$6,500 00*
1,000 00

$7,500

$7,757 00

$7,500 00

* A legal investment when made.

Detailed Statement o f Bank Stocks.
OS
Par Value.

^ 55

90 N’l B’k of Commerce, Boston,
50 Eliot National Bank, Boston, .
60 N’l B’k of the Republic,Boston,
30 State National Bank, Boston,.
40 North Nat’l Bank, Boston,
50 Howard Nat’l Bank, Boston, .
80 N’l B’k of No. America, Boston,
50 Continental N’l Bank, Boston,
100 Boston National Bank, Boston,
158 National Bank o f Fairhaven,
Fairhaven, .
.
.
.
68 Mechanics’ Nat’l Bank, New
Bedford,
.
.
.
.
90 First Nat’l B’k, New Bedford,
80 Citizens’ N’l B’k, New Bedford,
40 National Bank of Commerce,
New Bedford,

$9,000
5,000
6,000
3,000
4,000
5,000
8,000
5,000
10,000

Estimated
Market Value.

$10,350
6,550
9,440
3,480
4,640
4,838
9,200
5.750
10,400

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

00
00
00
00
00
00
00
00
00

12,640

12,640 00

12,640 00

6,800
9,000
8,000

11,968 00
13,320 00
9,640 00

10,880 00
12,150 00
10,400 00

4,000

3,200 00

4,800 00

$95,440

$115,416 00 $114,870 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Boston & Maine R.R. 4ès,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$10,000
3,000
10,000

$10,100 00
3,098 00
11,100 00

$10,000 00
3,000 00
10,500 00

$23,000

$24,298 00

$23,500 00

No. 8 .]

189

SA Y IN G S B A N K COM M ISSION ERS.

Fairhaven Institution for Savings —

C oncluded.

Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.

Amount.

Rate.

$17,957 25
42,500 00
4,500 00

$64,300 00
40,147 00
10,456 00

2 per cent.

4

“

4$

“

Rate.

Amount.

5 per cent.
5£
“
5|
“

$151,468 79
850 00
490 00

Rate.

6
6£

per cent.
“

7

Amount invested in real estate for banking purposes,........................................
Estimated value of the s a m e , ..............................................................................
Assessed value of the same.............................................................................................
Value, by books, o f other real estate held or owned by foreclosure or
o t h e r w i s e ,.....................................................................................................................
Assessed value of the same.............................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 160

$4,500 00
6,000 00
3.500 00

12,000 00
4,000 00

152,155 23
Aggregate amount of the same......................................................................................
Total number of loans upon real e s t a t e , ................................................. 159
2,153 96
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur­
24,029 08
ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Times for the dividends fixed by the b y-la w s: last Monday in April and
October.
Rate and amount of each semi-annual dividend f 2 per ce n t, $8,973 74 1
18,142 60
during the year ending Oct. 31, 1894, .
.
1 2 per cent.,
9,168 86 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 103
Number of accounts closed during the year ending Oct. 31, 1894,
. 100
Total number of open accounts Oct. 31, 1 8 9 4 , ....................................... 840
Total expenses o f the corporation for the year ending Oct. 31, 1894, ex­
2.501 43
clusive of ta x e s ,............................................................................................................
Amount o f deposits, not including dividends, received during the year
63,538 89
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , .................................................................................................. 307
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
68,363 79
Number of s a m e , .................................................................................................. 504
Date of examination by commissioner: August 21.

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .
Numher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,

.

156

$2,791 67

41

3,443 21

37

5,654 70

36

12,852 69

7
30

4,668 08
34,128 54

307

$63,538 89

not
not
not
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num her.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

99
1

$18,131 01
500 00

19
24

1,924 17
6,139 24

190

R E P O R T O F TH E

[Pub. D oc

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.

Present number o f corporators, 128.

T h o m a s J. B o r d e n , President.
C h a r l e s A . B a s s e t t , Treasurer.
N e w t o n R . E a r l , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
R o b e r t C. B r o w n ,
H e n r y C. H a w k i n s ,
J a m e s C. E d d y ,
R obert H en ry ,
G u il f o r d H . H a t h a w a y .

Open for business every business day, 9

a .m .

to 2

p .m .

B alance Sheet October 31, 1894.

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Real estate for banking purposes,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$930,600
741,850
14,700
339,000
46.000
15.000
2,949,123
1,492,725
20,800
1,008
2,542

00
00
00
00
00
00
00
00
00
57
92

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Due on uncompleted
mortgage loans, .

$6,553,349 49

$6,220,459 54
244.300 00
53,233 95
10,700 00
24,656 00

$6,553,349 49

Cash on Deposit in Banks, amount in each: —
National Bank of Redemption, Boston,
Metacomet National Bank, Fall River,

$15,000 00
5,800 00

Loans on Bank Stock, amount on each: —
On 10 shares Pocasset National Bank, Fall River,
On 166 shares Metropolitan National Bank, Boston,
On 49 shares Metropolitan National Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$700 00
.

11,000 00
3,000 00

No. 8 .]

S A Y IN G S

191

B A N K COM M ISSION ERS

Pall River Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

County of Bristol, Mass., 4|s, .
of Hampden, Mass., 3s,
Town of Belmont, Mass., 4s, .
of Freetown, Mass., 4|s,
City of Boston, Mass., 4s,
of Boston, Mass.. 5s,
of Cambridge, Mass., 3^s, . .
of Cambridge Mass., 4s, .
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. H , 4s,
of New Bedford, Mass , 3|s, .
of Waltham, Mass, 4s,
of Worcester, Mass., 4s, .
United States 5s,
. . .

$20,000
10,000
30,250
1,350
200,000
100,000
36,000
80,000
100,000
46,000
24,000
41,000
40,000
35,000
6,000
30,000
6,000
25,000
100,000

Estimated
Market Value.

$20,200
9,580
30,250
1,350
216,000
115,000
36,000
82,400
103,000
46,790
26,090
48,070
40,300
35,590
6,120
30,000
6,120
26,000
118,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$20,000
10,000
30,250
1,350
200,000
100,000
36,000
80,000
100,000
46,000
24,000
41,000
40,000
35,000
6,000
30,000
6,000
25,000
100,000

00
00
00
00
00
00
00
00
00*
00
00
00
00
00
00
00
00
00
00

$930,600 $997,360 00 $930,600 00
* A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

200 N’l B’k of Commerce, Boston,
150 Eliot National Bank, Boston, .
400 Faneuil Hail Nat’l B’k, Boston,
330 First National Bank, Boston,
250 N’l Hide & Leather B'k,Boston,
300 Howard Nat’l Bank, Boston, .
160 Merchants’ N'l Bank, Boston,
400 N’ l B'k of No. America, Boston,
107 N ’l B’k of Redemption, Boston,
300 Nat’ l Revere Bank, Boston,
232 Second National Bank, Boston,
200 Washington Nat’l B’k, Boston,
100 First National Bank, Chelsea,
715 Fall River N’l B’k, Fall River,
650 Massasoit N’l B’k, Fall River,
935 Matacomet N’l B’k, Fall River,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Tar Value.

$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.

$23,000
19,650
52,000
78,540
26,750
28,800
25,120
46,000
13,375
28,500
42,920
20,000
10,000
78,650
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

192

R E P O R T O F TH E

[Pub. D oc.

F all River Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

150
420
500
220

Par Value.

Second Nat’l Bank, Fall River,
National Bank of Commerce,
New Bedford,
First Nat’l B’k, 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

34,860 00
71,000 00

42,000 00
50,000 00

22,000

41,800 00

29,700 00

$671,900

$880,840 00

$741,850 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston, Clinton, Fitchburg & 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, .
New York, Providence & Boston
R R. 7 s , ..................................
Old Colony R.R. 4Js,
Old Colony R.R. 6s,
. . .
Worcester, Nashua & Rochester
R R. 4 s , ...................................

$70,000
25,000
10,000
15,000
15,000
10,000
7,000

Estimated
Market Value.

$78,050
25,000
10,150
16,350
15,450
11,000
7,700

00
00
00
00
00
00
00

Amount Invested.

$70,000
25,000
10,000
15,000
15,000
10,000
7,000

00
00
00
00
00
00
00

10,000
50,000
77,000

11,200 00
52,000 00
80,230 00

10,000 00
50,000 00
77,000 00

50,000

50,000 00

50,000 00

$339,000

$357,130 00 $339,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$15,000 00
5,800 00
669,500
220,000 00

Rate.

2

2*

per cent.
“

3è

»

3|

“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

Rate.

Amount.

$260,000 00
244,600 00
75,000 00

4 per cent.

$1,162,650 00
1,818,673 00
6,125 00

4*

4J

“

“

Rate.
5 per cent.
5è
6

“
«

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

193

Fall River Savings Bank— Concluded.
Amount invested in real estate for banking purp oses,........................................
Estimated value o f the s a m e , ..............................................................................
Assessed value of the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Value, by books, o f other real estate held or owned by foreclosure or
o t h e r w i s e ,......................................................................................................................
Assessed value of the same...................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 1,041
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ....................................... 1,228
Amount o f 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 4 , ........................................................................................

$46,000
46.000
48.000
700

00
00
00
00

15.000 00
16,900 00
1,458,260 00
15.000 00
326,575 44

Times for the dividends fixed by the by-laws : first Monday in April and
October.
Rate and amount of eachsemi-annualdivi-r 2^ per
cent., $134,275 68 i
dend during the year ending Oct. 31, 1894,
j per cent., 135,827 03 }
Number o f accounts opened during the year ending Oct. 31, 1894,
2,146
Number o f accounts closed during the year ending Oct. 31, 1894,
1,979
Total number of open accounts Oct. 31, 1894,
.
.
.
.
12,817
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................
Number of s a m e , ................................................................................................ 10,805
Amount of withdrawals, including dividends, during the year ending Oct.

270»102 71

14,341 41
964,123 01

31> 189±............................................................................................................................1,101,921
Number o f same..........................................................................
12,487
Date of examination by commissioner: June 14.

26

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $ ’200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

7,547

$161,316 94

1,530

125,999 81

710

111,928 15

621

220,641 94

210
187

142,881 45
201,354 72

10,805

$964,123 01

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
.
.
Of guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

5,238
26

$457,328 90
10,332 04

109
865

21,689 42
123,063 21

FALL

[Pub. D oc.

R E P O R T O F TH E

194

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.

Present number of corporators, 34.

W a l t e r C . D u r f e e , President.

C h a s . J. H o l m e s , Treasurer.

J o h n P . S l a d e , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
W a l t e r C. D u r f e e ,

C h a s . E . G if f o r d ,

L e o n t in e L in c o l n ,

J u n iu s P . P r e n t i s s ,

Ja m e s M . O s b o r n .

Open for business every business day, 9

B a l a n c e ' Sh ee t O ctober

a .m

. to 2 p . m .

31, 1894.

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,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Border City Manufacturing Co.’s
s t o c k , * .......................................
Granite Mills stock,* .
Cash on hand,
.
.
.
.

$125,000 00
483,500 00
220,000 00
45,000
49,285
1,584,980
780,310
38,074
5,000
2,950

00
48
00
00
27
00
50

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Rental account,
Due on
mortgage
loans,
.

$3,169,680 46
80,000 00
72,350 68
27,321 58
18,203 69
1,342 33

8,796 78
15,198 35
10,806 36
$3,368,898 74

$3,368,898 74

* Taken to secure indebtedness.

Cash on Deposit in Banks, amount in each : —
Second National Bank, Fall R i v e r , ....................................... * .
.
.
National Exchange Bank, B o s t o n , ....................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$33,717 89
9,356 38

No. 8 .]

S A Y IN G S B A N K COM M ISSIONERS

195

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, 111., 4s, .

$25,000
50,000
50,000
$125,000

Estimated
Market Value.

$25,750 00
51,000 00
51,500 00

Amount Invested.

$25,000 00
50,000 00
50,000 00*

$128,250 00 $125,000 00

* A legal investment when made.

Detailed Statement o f Bank Stocks.
V
-. c<n
O
. uV
°M
50
250
134
100
100
35
250
15
160
150
100
50
300
200
300
150
85
145
250
100
120
250
400
20
70
300
20
100
36
412
50
100
20
13

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
National City Bank, Boston, .
N’l B’k of Commerce, Boston,
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Faneuil Hall N’l Bank, Boston,
First Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Metropolitan N’l B’k, Boston,.
Monument Nat’l B’k, Boston, .
N’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
National Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Third National Bank, Boston,
Nat’l Webster Bank, Boston, .
Winthrop N’l Bank, Boston, .
First National Bank, Chelsea,.
Dedham Nat’l Bank, Dedham,
Metacomet N’l B’k, Fall River,
Nat’l Union Bank, Fall River,
Second Nat’l Bank, Fall River,
Leominster N’l B’k, Leominster,
First Nat’l Bank, Malden,
Oxford Nat’l Bank, Oxford, .
Palmer Nat’l Bank, Palmer, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

Estimated
Market Value.

$5,000
25,000
13,400
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
25,000
10,000
12,000
25,000
40,000
2,000
7,000
30,000
2,000
10,000
3,600
41,200
5,000
10,000
2,000
1,300

$6,150 00
29,250 00
13,400 00
10,100 00
8,200 00
4,025 00
28,750 00
1,965 00
13,280 00
19,050 00
13,100 00
11,900 00
32,100 00
19,400 00
23,400 00
14,700 00
19,550 00
16,675 00
31,500 00
9,500 00
13,920 00
22,500 00
36,000 00
2,000 00
8,112 00
33,000 00
2,100 00
12,500 00
3,600 00
70,040 00
5,000 00
15,000 00
2,200 00
1,560 00

$483,500

$553,527 00

Amount Invested.

$5,000
25,000
13.400
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
25,000
10,000
12,000
25,000
40,000
2,000
7,000
30,000
2,000
10,000
3,600
41,200
5,000
10,000
2,000
1,300

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$483,500 00

[Pub. D oc.

R E P O R T O F TH E

196

Fall River Five Cents Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Maine Central R.R. 4Js, .
Old Colony R.R. 4s,
. . .
Rutland R.R. 5s,
. . .
Concord & Montreal R.R. 4s, .

$50,000
25.000
50.000
100,000
25.000
$250,000

Estimated
Market Value.

$51,200
26.500
52.500
101,000
25,750

Amount Invested.

00
00
00
00
00

$50,000
25.000
50.000
70.000
25.000

00
00
00
00*
00

$257,000 00 $220,000 00

* A legal investment when made.

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$38,074 27
340.000 00
158.000 00

Amount.

Bate.

2 per cent.
3i
“
4
“

$80,000 00
193,000 00
297,825 00

Kate.

Amount.

Kate.

4^ per cent.
4è
“
5
“

$1,274,705 00
21,760 00

5J per cent.
6
“

Amount invested in real estate for banking p u rp o se s,.......................................
Estimated value of the sam e,........................................................................................
Assessed value of the s a m e ,........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Value, by books, of other real estate held or owned by foreclosure or

$45,000 00
60,000 00
65,750 00
1,937 33

o t h e r w i s e ,.....................................................................................................................
Assessed value of the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, . 468

49,285 48
58,700 00
3,100 00

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 575
Gross amount of interest or profits received or earned, as per books, during

703,790 00

year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the b y-la w s: second Monday in June and

166,796 55

December.
Rate and amount of each semi-annual dividend f 2J per cent., $73,072 13 1

140,348 55

during the year ending Oct. 31,1894,
.
. l 21 per c en t, 67,276 42 J
Number of accounts opened during the year ending Oct. 31,1894,
2,184
Number of accounts closed during the year ending Oct. 31, 1894,
1,783
Total number of open accounts Oct. 31, 1894.......................................
11,097
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),

..................................................................................................

7,341 22

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 15,289
Amount of withdrawals, including dividends, during the year ending Oct.

619,314 61

31, 1894.................................................
...........................................................
Number o f s a m e , ........................................................................................ 10,106
Date of examination by commissioner: July 9.

610,858 43


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Federal Reserve Bank of St. Louis

No. 8 .]

197

SA Y IN G S B A N K COM M ISSION ERS

Fall River Five Cents Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Num ­
ber.

Amount.

13,299

$156,754 27

1,010

82,316 77

420

65,597 28

335

121,437 31

131
94

93,223 42
99,985 56

15,289

$619,314 61

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
.
O f religious and chari­
table associations, .
In trust................................

Num ­
ber.

Amount.

6,280
6

$282,255 39
3,699 33

18
44

2,200 36
10,050 49

[Pub. D oc.

R E P O R T O F TH E

198

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.

Present number of corporators, 27.

W i l l a r d H o w e , President.

G e o r g e E . C u t l e r , Treasurer.

S . G . D a v e n p o r t , Clerk o f the Corporation.

Names of committee charged with the investment of its fu n d s:

H . L . Sa w y e r ,

D . S. B r i d g e s ,
C. D . L e w i s ,

F r a n k l in E n s l in ,

J. L . W h i t n e y .

G eo. E . Cu t le r ,

Open for business every business day, except Saturday, 8
Saturday, 8 a . m . to 12 m .

Balance

A

Sheet

O ctober

. to 12 m . ; 2 to 4 p . m . ;

31, 1894.

L ia b il it ie s .

ssets.

Bank stock 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,
Deposit in bank, on interest,
Furniture account,
Insurance account,
Cash on hand,
.
.
.
.

a .m

$31,218 00

100 00
4,200 00
328,109 80
112,545 90
54,500
586
13,050
1,040

Deposits, .
Guaranty fund,
Cemetery funds,
Undivided earnings,

$518,475
9,850
500
17,035

00
00
18
00

.110 00
401 68
$545,861 56

$545,861 56

Cash on Deposit in Bank : —
Framingham National Bank, South F r a m i n g h a m , ....................................... $13,050 18

Loan on Railroad Bonds : —
On $100 Maine Central R .R . bond,


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Federal Reserve Bank of St. Louis

58
00
46
52

No. 8 .]

199

SA Y IN G S B A N K COM M ISSIONERS

*

Farmers’ and Mechanics’ Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

21
16
10
40
10
6
9
5
17|
100
9
10

Par Value.

Continental N’l Bank. Boston,
Eliot National Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Market National Bank, Boston,
Nat’l Revere Bank, Boston, .
Shawmut Nat’l Bank, Boston,
Second Nat’l Bank, Boston, .
First National Bank, Chelsea,.
Holliston N’l Bank, Holliston,
Framingham National Bank,
South Framingham,
Northborough National Bank,
Northborough,
First N’l B’k, 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.

$2,415
2,096
900
3,600
960
696
1,620
500
2,080

00
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

13,399 00

900 00
1,000 00

1,125 00
1,000 00

1,134 00
1,000 00

$25,333 33

$29,492 00

$31,218 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$13,050 18
43,500 00

Rate.

2 per cent.
4
“

Amount.

$23,000 00
268,082 00

Rate.

4£ per cent.
5

Amount.

$8,200 00
153,059 70

Rate.

5J per cent.
6
“

$4,200 00
Value, by books, of real estate held or owned by foreclosure or otherwise,
5,000 00
Assessed value of the same.............................................................................................
Number of loans which are o f an amount not exceeding $3,000 each, 224
247,841 00
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real estate........................................................... 180
7,500 00
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. 31,1894,
28,125 67
..............................................................................
Times for the dividends fixed by the by-laws : first Tuesday in April and
October.
Rate and amount of each semi-annual dividend J 2 per cent., $9,628 68 1
19,486 51
during the year ending Oct. 31, 1894,
.
( 2 per cent., 9,857 83 )
Number of accounts opened during the year ending Oct. 31, 1894,
. 232
Number o f accounts closed during thé year ending Oct. 31, 1894,
. 205
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,953
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
2,065 55
clusive of taxes),
........................................................... .........


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Federal Reserve Bank of St. Louis

200

R E P O R T O F TH E

[Pub. D oc

*

Farmers’ and Mechanics’ Savings Bank — Concluded.
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , .................................................................................................. $92,388 97
Number o f s a m e , ........................................................................................ 1,513
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 3 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................ 1,378
Date of examination by commissioner: February 15.

113,129 81

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

Of $50 and less.
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,0Q0, .
.
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

1,141

$22,439 81

211

17,379 62

73

11,918 38

68

24,448 84

14
6

10,202 32
6,000 00

1,513

$92,388 97

not
not
not
less
.

N um ­
ber.
To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Amount.

764
5

$45,052 00
1,065 00

12
6 4

302 00
4,346 00

No. 8 .]

201

SA Y IN G S B A N K COM M ISSION ERS.

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.

Present number o f corporators, 45.

C h a r l e s E . W a r e , President.

B r i g h a m N . B u l l o c k , Treasurer.

E b e n e z e r B a i l e t , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
R odney W allace,

R eu b en R . Conn,

Ch arles E . W a r e ,

H e n r y G . M orse,

Ca r m i M . P a r k e r .

Open for business every business day, except Saturday, 9
9

B

alance

a .m

Sh eet October

. to 3 p . m . ; Saturday,

31, 1894.

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,
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

. to 2 P.M.

$210,597
207,321
15,500
246,900
1,000

50
00
00
00
00

130,000
10,200
1,204.550
950,800

00
00
00
00

Deposits, .
Guaranty fund,
Interest account,

$2,962,658 62
119,700 00
70,577 33

18,000 00
157,113 06
954 39
$3,152,935 95

$3,152,935 95

Cash on Deposit in Banks, amount in each: —
Fitchburg National Bank, Fitchburg, .
Merchants’ National Bank, Boston,
.

.
.

.
.

.
.

$97,113 06
60,000 00

Loans on Bank Stock, amount on each: —
On
On
On
On
On

112 shares Safety Fund National Bank, Fitchburg,
80 shares Safety Fund National Bank, Fitchburg,
5 shares Naumkeag National Bank, Salem, .
5 shares First National Bank, Salem,
11 shares National Exchange Bank, Boston, .

$10,000 00
3,500 00
1,000 00
1,000 00

Loan on Railroad Bonds : —
On $ 1,000 Eastern R R . 6s, .


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Federal Reserve Bank of St. Louis

$ 1,000 00

202

R E P O R T O F TH E

[Pub. Doc

Fitchburg Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Fitchburg, Mass., 3^s, .
of Fitchburg, Mass., 4s, .
of Keene, N. H., 3is,
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

Estimated
Market Value.

$14,925
58,370
11,640
25,875
21,420

20.000

6,100
20,200

30.000
30.000

30,670
34,725

$210,000

00
00
00
00
00
00
00
00
00

Amount Invested.

$15,000 00
56.000 00
12.000 00
25.000 00
17,935 00
4,662 50
20.000 00
30.000 00
30.000 00

$223,925 00 $210,597 50

No. o f
Shares.

Detailed Statement o f Bank Stocks.

133
150
166

200
116

100
150

66
123
170
153

100
100
133
5

100
30

Par Value.

Boston Nat1] Bank, Boston, .
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
North National Bank, Boston,
IS! ’1 Hide & Leather B’k, Boston,
National Revere Bank, Boston,
N’l B’k of No. America, Boston,
Rollstone N’l Bank, Fitchburg,
Safety Fund N’l B’k, Fitchburg,
Fitchburg N’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

$13,300
15,000
16,600

Estimated
Market Value.

$13,832
14,512
12,948
31,550
13,456
10,750
14,250
7,590
17,835
18,700
22,185

00

Amount Invested.

00
00
00
00
00
00
00
00
00
12,000 00

$13,300 00
15,000 00
16,600 00
20,000 00
11,600 00
11,600 00
15,000 00
6,600 00
13,635 00
18,050 00
16,736 00
10,000 00

00
00
00
00

12,400 00
13,300 00
500 00
10,000 00

3,900 00

3,000 00

$199,500 $233,084 50

$207,321 00

20,000
11,600

10,000
15,000
6,600
12,300
17,000
15,300

10,000
10,000
13,300
500

10,000
3,000

8,300
16,226
550
14,500

50

No. 8 .]

203

SA Y IN G S B A N K COM M ISSION ERS.

Fitchburg Savings

B a n k — C ontinued.

Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s..............................
Vermont & Massachusetts R R. 5s, .
Old Colony R.R. 4s,
. . .

$60,000
45.000
119,000
16.000
5,000

Estimated
Market Value.

$59,100
45,450
124,710
17,440
5,275

Amount Invested.

00
00
00
00
00

$60,000
45,000
120,500
16,400
5,000

00
00
00
00
00

$245,000 $251,975 00 $246,900 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$60,000
97,113
283,000
25,000

00
06
00
00

2 per cent.
2£
“
4
“
44
“

Rate.

Amount.

Rate.

4| per cent.
41
“
4J
“

$378,300 00
71,900 00
100 00

5£ per cent.
6

Amount.

$50,000
258,800
36,500
1,086,250

00
00
00
00

5

64

“

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, 1894,
Value, by books, of other real estate held or owned by foreclosure or other­

“

$130,000
130.000
120.000
1,435

00
00
00
66

wise,
...............................................................................................................................
Assessed value of the s a m e , ........................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 385

10,200 00
10,200 00

Aggregate amount o f the s a m e , ..............................................................................
Total number of loans upon real estate...........................................................455
Gross amount of interest or profits received or earned, as per books, dur­

556,600 00

ing year ending Oct. 31, 1 8 9 4 , ...............................................................................
Times for the dividends fixed by the b y-law s: January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent , $55,420 26 1
during the year ending Oct. 31, 1894,
.
i 2 per cent.,
56,293 65 J

147,807 57

Number of accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31, 1894,
.
.
.
.

111,713 91

923
685
6,731

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year end­

6,469 96

ing Oct 31, 1 8 94,............................................................................................................
Number of s a m e , ........................................................................................3,607
Amount of withdrawals, including dividends, during the year ending Oct.

413,789 16

31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 3,983
Date of examination by commissioner: March 20.

393,778 10


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

204

R E P O R T O F TH E

[Pub. D oc

Fitchburg Savings B a n k — C onclud ed .
Classification o f Deposits received during the Year ending Oct. 31, 1894.
Num.
her.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

2,270

$47,833 11

535

44,487 85

311

49,720 74

292

104,288 00

101
98

68,739 94
98,719 52

3,607

$413,789 16

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

1,872
14

$37,606 39
1,522 00

26
96

4,167 54
25,258 92

No. 8 .]

205

SA Y IN G S B A N K COM M ISSIONERS.

FLORENCE SAVINGS BANK — FLORENCE.

Incorporated Feb. 14, 1873.

Present number of corporators, 38.

S a m u e l P o r t e r , President.
M . E . G o u l d , Treasurer.
M . E . G o u l d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
Sa m u e l P o r t e r ,
H . F . Cu t l e r ,
L. F. P lym pton,
W . L . W il c o x ,
G e o r g e S. G r a v e s .

Open for business every business day, 10

B alance

Sh eet

O ctober

.

to 2

p .m

.

31, 1894.

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,
Deposits in banks, on interest, .
Expense account,
Premium account,
Furniture and fixtures,
Cash on hand,
.
.
.
.

a .m

$35,000 00
24.000 00
29.000 00
4,724
1,545
86,275
69,381
41,896
136
3,631
479
257

Deposits, .
Guaranty fund,
Interest account,

$281,899 74
14,118 17
310 46

92
00
65
62
51
42
50
49
26

$296,328 37

$296,328 37

Cash on Deposit in Banks, amount in each : —
66
First National Bank, Northampton............................................................................. ........
Hampshire County National Bank, Northampton.................................................
32,806 85*
* This deposit has been reduced within the legal limit.


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Federal Reserve Bank of St. Louis

206

[Pub. Doc.

REPORT OF THE

Florence Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Abington, Mass., 4s, .
of Braintree, Mass., 4 s,.
of Orange, Mass., 4s,
City of Lynn, Mass., 4s, .

$8,000
15,000
5.000
7.000
$35,000

Estimated
Market Value.

$8,112
16,021
5,094
7,355

Amount Invested.

00
50
20
60

$36,583 30

$8,000
15,000
5.000
7.000

00
00
00
00

$35,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

85
70
68
17

Home Nat’l Bank, Holyoke, .
Hampshire County National
Bank, Northampton, .
First Nat’l Bank, 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 Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Providence R.R. 4 s,.
Concord & Montreal R.R. 4s, .
Old Colony R R. 6s,.
Vermont & Massachusetts R.R. 5s,

$5,000
10,000
12,000
1,000
1,000
$29,000

Estimated
Market Value.

$5,093
10,698
12,391
1,061
1,071

50
00
20
16
50

$30,315 36

Amount Invested.

$5,000
10,000
12,000
1,000
1,000

00
00
00
00
00

$29,000 00

/

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$7,150 12
41,896 51

Bate.

Amount.

Eate.

0 per cent.
4

$148,157 15

5 per cent.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$350 00

Bate.

6

per cent.

No. 8 .]

207

S A Y IN G S B A N K COM M ISSION ERS

Florence Savings B an k — 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 , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,

$4,724
5.000
3.000
168

92
00
00
00

Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,.....................................................................................................................
Assessed value of the s a m e , ........................................................................................
Number of loans which are of an amount not exceeding $3,000 each,
123

1,545 00

1.000 00

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 106
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur­

82,257 15

ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Times for the dividends fixed by the by-la w s: second Tuesday in April

13,066 01

and October.
Rate and amount of each semi-annual dividend j 2 per cent., $5,201 53 1
during the year ending Oct. 31, 1894,
.
. \ 2 per cent., 5,263 28 J
Number of accounts opened during the year ending Oct 31, 1894,
. 177
Number of accounts closed during the year ending Oct. 31, 1894,
. 146
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,289
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................
Number of s a m e , ........................................................................................ 1,386
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of same..............................................................................................1,015
Date of examination by commissioner: March 5.

7,150 12

10,464 81

1,206 33
54,114 66

55,055 19

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,175

$18,318 70

120

9,350 84

53

8,246 80

27

9,357 36

7
4

4,784 17
4,056 79

1,386

$54,114 66

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
.
.
Of religious and chari­
table associations, .
In trust................................

Amount.

648
2

$25,115 90
210 00

188
2

6,121 82
135 02

208

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 — F O XB O R O U G H .
Incorporated April 18, 1855.
W

il l ia m

Present number of corporators, 35.

B . C r o c k e r , President.
E d w a r d M . P h e l p s , Treasurer.
E d w a r d M . P h e l p s , Clerk o f the Corporation.

Names of committee charged with the investment o f its fu n d s:
W il l i a m B . C r o c k e r ,
F . E . H artsh o rn,
R ic h a r d S. C a r p e n t e r ,
A . H . M b s s in g e r ,
W il l ia m T . C o ok .

Open for business every business day, 9

B a lan c e Sh eet O ctober

A sse ts.

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, on interest,
Cash on hand,
.
.
.
.

a .m .

to 5

p .m .

31, 1894.
L ia b il it ie s .

$31,500
47,350
48,700
98,575
2,270
200
7,795
1,365

00
00
00
00
00
00
67
84

Deposits, .
Guaranty fund,
Undivided earnings,.

$237,756 51

$226,141 95
8,500 00
3,114 56

$237,756 51

Cash on Deposit in B a n k : —
Winthrop National Bank, Boston,

*7,795 67

Detailed Statement o f Public Funds.

Par Value.

City of East Saginaw, Mich., 5s,
of Fall River, Mass., 6s, .
of Holyoke, Mass., 4s,
.
of Keene, N. IE, 4s, .
of Keene, N. H., 5s, .
of Lynn, Mass., 5s, .
of South Norwalk, Conn., 6s, .
Town of Winthrop, Mass., 5s,.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
2,000
5.000
2.000
2,500
9.000
5.000
1.000
$31,500

Estimated
Market Value.

$5,400
2,100
5,225
2,040
2,625
9,990
5,050
1,100

00
00
00
00
00
00
00
00

$33,530 00

Amount Invested.

$5,000
2,000
5.000
2.000
2,500
9.000
5.000
1.000

00
00
00
00
00
00
00
00

$31,500 00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

209

Foxborough Savings Bank — Continued.

[ No. of
Shares.

Detailed Statement o f Bank Stocks.

23
22
12
20
8
29
38
14
10
43
40
10
14
35
10
40
18
15
25
36
5
8

Tar Value.

Blackstone N’l Bank, Boston,
Boylston Nat’l Bank, Boston,
Continental N’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Faneuil Hall N’l B’k, Boston,
Market Nat’l Bank, Boston,
Metropolitan N’l B’k, 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, .
Old Boston N’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Suffolk National Bank, Boston,
Third National Bank, Boston,
Winthrop Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Dedham Nat’l Bank, Dedham,
National Bank of Wrentham,
Wrentham, .
.
.
.
Sate Street Safe Deposit and
Trust Company, Boston,

$2,300
2,200
1,200
2,000
800
2,900
3,800
1,400
1,000
4,300
4,000
1,000
1,400
3,500
1,000
4,000
1,800
1,500
2,500
3,600

Estimated
Market Value.

$2,300
2,706
1,380
1,665
1,046
2,465
3,686
1,594
820
3,483
4,290
972
1,471
3,158
1,000
3,590
2,097
1,560
2,200
3,690

00
00
00
00
00
00
00
25
00
00
00
50
75
75
00
00
00
00
00
00

Amount Invested.

$2,300
2,200
1,200
2,000
800
2,900
3,800
1,400
1,000
4,300
4,000
1,000
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
00
00
00
00
00
00
00
00
00
00

350

400 00

350 00

800

820 00

800 00

$47,350

$46,395 25

$47,350 00

%

Detailed Statement o f Railroad Bonds.
Par Value.

Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston & Lowell R.R. 4s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4Js, .
Old Colony R.R. 6s,.
Salem & Lowell R.R. 6s, .
Upper Coos R.R. 4s,
. . .
Vermont & Massachusetts R.R. 5s,
St. Johnsbury & Lake Champlain
R.R. 5 s , ...................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,000
11,000
5,000
5,000
7,000
5,000
700
5,000
5,000

Estimated
Market Value.

$2,280
11,180
4,925
5,350
7,420
5,180
752
4,750
5,450

00
00
00
00
00
00
50
00
00

Amount Invested.

$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

3,000

3,450 00

3,000 00

$48,700

$50,737 50

$48,700 00

210

[Pub. D oc.

R E P O R T O F TH E

Foxborough Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.

$7,795 67
6,500 00

Amount.

Rate.

$94,495 00

2 per cent.
5

Rate.

6 per cent.

Rate.

Amount.

$50 00

Number of loans which are of an amount not exceeding $3,000 each,

7 per cent.

108

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real estate............................................................106
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-laws : Wednesday after first M on­
day in June and December.
Rate and amount of each semi-annual dividend f 2 per cent., $4,031 81 1
during the year ending Oct. 31, 1894,
.
.1 2 per cent.,
4,139 80 J
Amount of extra dividend paid during the year ending Oct. 31, 1894,
Number of accounts opened during the year ending Oct. 31, 1894,
. 160

$80,445 00

11,474 79

8,171 61
1,848 39

Number of accounts closed during the year ending Oct. 31, 1894,
.
94
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,079
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f ta x e s),............................................................................................................
Amount of deposits, not including dividends, received during the year

666 79

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of same........................................................................................................834
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , .................................................................................................. 849
Date of examination by commissioner: January 11.

50,250 89

47,619 49

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

609

$11,776 24

128

10,887 41

58

9,631 66

30

10,159 35

5
4

3,796 23
4,000 00

834

$50,250 89

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

391
3

$21,931 62
469 62

7
34

410 42
1,161 59

N o. 8 .]

211

SA Y IN G S B A N K CO M M ISSION ERS.

FRAMINGHAM 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 i n 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 il l ,

Clerk o f the Corporation.

Names o f committee charged with the investment of its funds :

A d r ia n F oo te,

S a m u e l B. B i r d ,
J. H e n r y R o b i n s o n ,

F r a n c is C. S t e a r n s ,

E dw ard F. K endall.

F r a n k l in E . G r e g o r y ,

Open for business every business day, except Saturday, 9
9 a .m . to 12 M.

B alance

Sh eet

O ctober

. to 3 p . m . ; Saturday,

31, 1894.
L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes)....................................
Loans on depositors’ books,
Deposits in banks, on interest,
Commonwealth A ve. Land Co.
Trustees C. C. Esty, .
Accrued interest,
Taxes paid,
Furniture...................................
Premium account,
Cash on hand,

a .m

$222,750
148,300
900
110,000
32,634
529,588
65,809

00
00
00
00
98
04
62

21,000
600
43,643
5,769
6,649
8,162
1,461
426
74,682
1,324

00
00
25
00
65
67
61
10
64
53

Deposits, .
Guaranty fund,
Undivided earnings,

$1,248,543 89
15,714 37
9,443 83

$1,273,702 09

$1,273,702 09

Cash on Deposit in Banks, amount in each : —
Framingham National Bank, South F r a m i n g h a m , ....................................... $24,062 50
International Trust Company, B o s t o n , * ........................................................... 3>895 00
Old Colony Trust Company, Boston.......................................................................... 15’685 75
Loans on Bank Stock, amount on each
On 6 shares W altham National Bank, W altham,
On 3 shares Framingham National Bank, South Framingham, .
* This company is not a legal depository for savings banks’ funds.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$600 00
300 00

Deposit haB been withdrawn.

212

[Pub. D oc.

R E P O R T O F TH E

Framingham Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,
of Keene, N, H., 4s, .
of Lewiston, Me., os,
of Lowell, Mass., 4s,
of Norwalk, Conn., 4s,
of Portsmouth, N. H., 4 s,.
of Rockford, 111., 5s,
Town of Marlborough, Mass., 4s,
of Spencer, Mass., 4s, .
City of Cleveland, Ohio, 6s,
of Dayton, Ohio, 6s,
of Fort Wayne, Ind., 6s, .
of Indianapolis, Ind., 4s, .
of Waterbury, Conn., 4s, .
of Milwaukee, Wis., 5s, .
of Sioux City, Iowa, 4 is ,.

$20,000
23,000
9,000
20,000
30,000
5,000
2,500
20,000
20,000
27,000
15,000
2,000
12,500
5,000
6,750
5,000
$222,750

Estimated
Market Value.

$20,100
23,115
9,585
20,100
30,300
5,237
2,500
20,200
20,200
27,960
15,000
2,000
12,840
5,262
6,985
5,400

00
00
00
00
00
50
00
00
00
00
00
00
00
14
00
00

Amount Invested.

$20,000
23,000
9,000
20,000
30,000
5,000
2,500
20,000
20,000
27,000
15,000
2,000
12,500
5,000
6,750
5,000

00
00
00
00
00
00
00
00
00
00
00*
00
00
00
00
00

$226,784 64 $222,750 00

* A legal invesment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

Atlas National Bank, Boston,.
Blackstone N’l Bank, Boston,
Boston National Bank, Boston,
N’l B’k of Commerce, Boston,
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
First National Bank, Boston, .
Howard Nat’l Bank, Boston, .
N’l Hide & Leather B’k, Boston,
Mt. Vernon N’l Bank, Boston,
N’l B’k of No America, Boston,
N’l B’k of the Republic, Boston,
Shoe & Leather N’l B’k, Boston,
Second National Bank, Boston,
Nat’J Webster Bank, Boston, .
Central National Bank, Boston,
Merchants’ Nat’l Bank, Port­
land, M e ,
100 Framingham National Bank,
South Framingham, .

6
12
33
119
100
155
165
136
180
85
10
90
50
30
43
100
92


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$600
1,200
3,300
11,900
10,000
15,500
16,500
13,600
18,000
8,500
1,000
9,000
5,000
3,000
4,300
10,000

Estimated
Market Value.

$732
1,200
3,795
15,827
13,000
20,150
41,250
15,232
23,040
11,900
1,235
14,850
4,750
5,700
4,472
14,400

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$600
1,200
3,300
11,900
10,000
15,500
16,500
13,600
18,000
8,500
1,000
9,000
5,000
3,000
4,300
10,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

6,900

11,040 00

6,900 00

10,000

14,200 00

10,000 00

$148,300

$216,773 00 $148,300 00

No. 8 .]

213

SA Y IN G S B A N K CO M M ISSION ERS

Framingham Savings Bank — Continued.
Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Maine R.R. 4s,
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4|s, .
Newport & Riehford R.R. 5s, .
Salem & Lowell R.R. 6s, .

Estimated
Market Value.

$25,625
23.500
20.500
16,050
21,000
5,500

$25,000
25.000
20.000
15.000
20.000
5,000
$110,000

Amount Invested.

00
00
00
00
00
00

$25,000
25.000
20.000
15.000
20.000
5,000

00
00
00
00
00*
00

$112,175 00 $110,000 00

* A legal investment when made.

Total Amount of Loans, with Each Specified Bate of Interest.

Rate.

Amount.

$43,643 25
21,000 00

2
4

per cent.
“

Amount.

Rate.

Amount.

Rate.

$127,170 00
5,000 00

5 per cent.
5h
“

$464,727 66

6 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. 31,1894,
Number o f loans which are of an amount not exceeding $3,000 each,
233

$32,634 98
36,635 00
380 18

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 263
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during

246,689 44

year ending Oct. 31, 1 8 9 4 , .......................................................................................
Times for the dividends fixed by the b y-law s: first Saturday in M ay and

63,260 31

November.
Rate and amount of each semi-annual dividend f 2 per cent., $23,500 00 |
during the year ending Oct. 31, 1894, .
.
1 2 per cent., 23,000 00 1
Number of accounts opened during the year ending Oct. 31, 1894,
. 466
Number of accounts closed during the year ending Oct. 31, 1894,
. 345
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,568
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­

18,300 00

46,500 00

clusive of ta x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year

6,971 88

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , ........................................................................................ 1,857
Amount of withdrawals, including dividends, during the year ending Oct.

133,444 79

31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 2,104
Date of examination by commissioner: M ay 11.

190,985 96


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

214

R E P O R T O F TH E

[Pub. D oc

Framingham Savings B an k — Concluded.
Glassification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

1,361

$38,306 01

202

16,708 38

113

14,068 02

140

22,979 18

21
20

18,247 00
23,136 20

1,857

$133,444 79

not
not
not
less

N um ­
ber.
To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

857
7

$36,380 36
993 53

26
20

4,886 84
4,132 44

No. 8 .]

S A Y IN G S B A N K CO M M ISSIO N ERS.

215

F R A N K L IN SA V IN G S B A N K — BOSTON.

Incorporated March 15,1861.

Present number of corporators, 94.

F r e d e r i c W . L in c o l n , President.

E b e n e z e r A l e x a n d e r , Treasurer.

G e o . A . F i s h e r , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
A ug ustus P a r k e r ,

M a r t in L . B r a d f o r d ,

D . R . E m erson,

Ja m e s A . J a c o b s ,

A rth ur H obart,

Ja m e s E . W h i t n e y .

Open for business every business day, 9

a .m

. to 2 p . m . ; and Saturday, 3 to 5 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 sto c k ,.
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
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Expense account,
Real estate income account,
Cash on hand,
.
.
.
.

31, 1894.

L ia b il it ie s .

$993,000
350,873
72,100
762,000
50.000

00
62
00
00
00

225,603
70,012
4,414,487
1,620,209

81
72
71
17

95.000
560,961
5,288
1,946
9,350

00
89
93
40
54

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Suspense account, .

$8,855,698 94
268,000 00
83,566 64
23,065 61
503 60

$9,230,834 79

$9,230,834 79

Cash on Deposit in Banks, amount in each : —
Boylston National Bank, B o s to n ,........................................
North National Bank, B o s t o n , .......................................
Continental National Bank, Boston,
.
.
.
.
National Revere Bank, B o s t o n , .......................................
Third National Bank, Springfield,
.
.
.
.
Pynchon National Bank, Springfield, .
.
.
.
Atlantic National Bank, B o s t o n ,.......................................
Everett National Bank, Boston..............................................
Massachusetts Loan & Trust Company, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$173,472
45,846
71,733
54,910
25,000
50,000
50,000
40,000
50,000

12
56
13
08
00
00
00
00
00

R E P O R T O F TH E

216

[Pub. D oc.

i

Franklin Savings Bank — Continued.
Loans on Bank Stock, amount on each :
On
On
On
On
On
On
On

315 shares Massachusetts National Bank, Boston, .
10 shares Fourth National Bank, Boston,
19 shares Metropolitan National Bank, Boston,
10 shares First National Bank, Arlington,
425 shares Broadway National Bank, Boston,
9 shares Continental National Bank, Boston, .
11 shares Boylston National Bank, Boston, .

•

.

$25,000
900
1,100
700
42,500
900
1,000

00
00
00
00
00
00
00

.

$50,000 00

Loan on Railroad Bonds : —
On $53,000 Boston & Maine R .R . 4s,

Detailed Statement o f Public Funds.
Estimated
Market Value.

City of Boston, Mass., 4s,
of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Cambridge, Mass., 6 s,.
of Chicago, 111., 4 s, .
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, .
Town of Spencer, M a s s ., 4s, .
City of Springfield, M a s s ., 7s, .
District of Columbia 6s, .
District of Columbia 7s, .
City of Altoona, Pa., 4s, .
of Detroit, Mich., 4s,
of Indianapolis, Ind , 4 s , .
of Northampton, Mass., 4s,
of Saginaw, Mich., 5s,
of Waterbury, Conn., 4s, .
of Woonsocket, R. I., 4s, .

$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
50,000
50,000
50,000
100,000
30,000
25,000
100,000

$216,750
3,450
2,400
1,180
51,000
20,300
40,000
4,800
45,580
6,605
25,000
83,600
12,400
110,400
9,535
51,500
54,750
51,500
104,000
30,712
26,000
105,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Tttvcstctl.

$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
50,000
50,000
50,000
100,000
30,000
25,000
100,000

00
00
00
00
00*
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

/
\

}

1
\

$993,000 $1,056,462 00 $993,000 00
* Legal

investments when made.

Detailed Statement o f Bank Stocks.
«V
-. a
O
ü)
6s
'A53

'
j

Estimated
Market Value.

Î
>

200
41
57

Atlas National Bank, Boston,.
Atlantic Nat’l Bank, Boston, .
Boylston Nat’l Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$20,000
4,100
5,700

$23,400 00
5,032 75
6,954 00

$20,000 00
4,100 00
5,700 00

\
(
)

1

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS.

217

F r a n k l i n S a v in g s B a n k — C ontinued.

No. of
Shares.

Detailed Statement o f Bank Stocks —

133
235
200
60
201
205
81
22
156
106
135
172
200
200
200
200
130
129
55
20
139
84
50
100

Par Value.

B la c k sto n e N a t ’l B a n k , B o ston ,
C o n tin e n ta l N ’J B a n k , B oston,
N a tio n a l C ity B a n k , B o sto n , .
N ’ i B’k o f C o m m e r c e , B o sto n ,
N a tio n al E x c h a n g e B ’ k , B o ston ,
C o lu m b ia n N ’l B a n k , B o s t o n ,.
E v e r e tt N a t ’l B a n k , B o sto n ,
.
E li o t N a tio n a l B an k, B o sto n , .
F re e m a n ’ s N a t ’ l B a n k , B o ston ,
F ou rth N a t'l B a n k , B o ston ,
F irst W a r d N ’ l B a n k , B o sto n ,
N o rth N a tio n a l B a n k , B o sto n ,
N ’l B ’k o f N o . A m e r ic a , B o sto n ,
O ld B o ston N a t’l B an k, B o sto n ,
N a tio n a l R e v e r e B ’k, B o ston , .
S h oe & L e a th e r N ’ l B ’k, B oston,
S ta te N a tio n a l B a n k , B o sto n , .
S u ffo lk N a t ’ l B a n k , B o sto n ,
S ec on d N a t’ l B a n k , B o sto n ,
N a tio n a l U n io n B an k, B o ston ,
N a t’l W e b s t e r B an k, B o ston , .
N a u m k e a g N ’l B a n k , S a le m , .
T h ir d N a t ’l B a n k , S p r in g fie ld ,
M a ssa c h u se tts L o a n & T ru st
C o m p a n y , B o sto n ,

$ 1 3 ,3 0 0
2 3 ,5 0 0
2 0 ,0 0 0
6 ,0 0 0
2 0 ,1 0 0
2 0 ,5 0 0
8 ,1 0 0
2 ,2 0 0
1 5 ,6 0 0
1 0,6 0 0
1 3,5 0 0
1 7,200
2 0 ,0 0 0
2 0 ,0 0 0
2 0 ,0 0 0
2 0 ,0 0 0
1 3 ,0 0 0
1 2,900
5 ,5 0 0
2 ,00 0
1 3,9 0 0
8 ,4 0 0
5 ,0 0 0

C o n clu d e d .

Estimated
Market Value.

$ 1 3 ,3 0 0
2 7 ,0 2 5
1 6 ,4 0 0
6 ,9 0 0
2 5 ,4 7 6
2 1 ,2 1 7
6 ,7 4 3
2 ,8 8 2
1 4 ,0 4 0
1 2,5 6 1
1 7 ,5 5 0
1 9,9 5 2
2 3 ,0 0 0
2 0 ,9 0 0
1 9 ,0 0 0
1 8 ,0 0 0
1 5 ,0 8 0
1 2 ,9 0 0
9 ,9 0 0
2 ,6 8 5
1 3 ,9 0 0
1 0,0 8 0
1 0 ,0 0 0

00
00
00
00
75
50
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$ 1 3 ,3 0 0
2 3 ,5 0 0
2 0 ,0 0 0
6 ,0 0 0
2 0 ,1 0 0
2 0 ,5 0 0
7 ,8 7 3
2 ,2 0 0
1 5 ,6 0 0
1 0 ,6 0 0
1 3,5 0 0
1 7 ,2 0 0
2 0 ,0 0 0
2 0 ,0 0 0
2 0 ,0 0 0
2 0 ,0 0 0
1 3 ,0 0 0
1 2 ,9 0 0
5 ,5 0 0
2 ,0 0 0
1 3 ,9 0 0
8 ,4 0 0
5 ,0 0 0

00
00
00
00
00
00
62
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1 0,0 0 0

1 1,7 2 5 00

1 0 ,0 0 0 0 0

$ 3 5 1 ,1 0 0

$ 3 8 6 ,6 0 4 25

$ 3 5 0 ,8 7 3 62

Detailed Statement o f Eailroad Bonds.

Par Value.

B o sto n & M a in e R .R . 4 s , .
C o n cord & M o n trea l R .R . 4 s, .
Flastern R .R . 6 s,
.
.
.
F itc h b u r g R .R . 5 s , .
N . Y . & N . E . R .R . ( te r m in a l) 4 s, .
O ld C o lo n y R .R . 6 s , .
B o ston & M a in e R .R . 4 J s,
B o sto n & A lb a n y R R . 4 s,
C o n co rd & C la r e m o n t R .R 4 1s,
M a in e C e n tra l & E u ro p e a n & N o rth
A m e r ic a n R .R . 4 s ,
.
.
.
St. J o h n sb u r y & L a k e C h a m p la in
R R. 5
s , ..............................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$ 5 0 ,0 0 0
1 0 0 ,0 0 0
5 0 ,0 0 0
1 1 4 ,0 0 0
5 0 ,0 0 0
3 ,0 0 0
1 0 0 ,0 0 0
5 0 ,0 0 0
1 0 0 ,0 0 0

$ 5 1 ,0 0 0
1 0 2 ,0 0 0
6 0 ,5 0 0
1 1 7 ,4 2 0
5 0 ,0 0 0
3 ,1 5 0
1 1 0 ,0 0 0
5 2 ,5 0 0
1 0 3 ,5 0 0

1 0 0 ,0 0 0

1 0 1 ,0 0 0 00

9 5 ,0 0 0 0 0

5 0 ,0 0 0

5 7 ,5 0 0 0 0

5 0 ,0 0 0 00

$ 7 6 7 ,0 0 0

$ 8 0 8 ,5 7 0 00

$ 7 6 2 ,0 0 0 00

00
00
00
00
00
00
00
00
00

$ 5 0 ,0 0 0
1 0 0 ,0 0 0
5 0 ,0 0 0
1 1 4 ,0 0 0
5 0 ,0 0 0
3 ,0 0 0
1 0 0 ,0 0 0
5 0 ,0 0 0
1 0 0 ,0 0 0

00
00
00
00
00
00
00
00
00

218

[Pub. D oc.

R E P O R T O F TU E

F r a n k l i n S a v in g s B a n k — Concluded.

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$345,961
215.000
75,000
125.000
1,045,500

Amount.

Rate.

89
00
00
00
00

$464,500
617,508
10,000
3,429,688

2 per cent.
3
31
»
31
“
4
“

Bate.

00
00
00
88

4| per cent.
4à
“
41
»
5
«

Amount.

$289,950
182,150
8,000
4,500

Rate.

00
00
00
00

5£ per cent.
6
“
6è
“
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
o t h e r w i s e ,......................................................................................................................
Assessed value o f the s a m e ,........................................................................................
Number of loans which are of an amount not exceeding S3,000 e a c h ,. 435
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 778
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-law s: February 1 and August 1.
Rate and amount of each semi-annual dividend f 2 per cent., $157,750 49
I
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 162,845 54
Number of accounts opened during the year ending Oct. 31, 1894,
2,837
Number of accounts closed during the year ending Oct. 31, 1894,
1,820
Total number of open accounts Oct. 31, 1894,
.
.
.
.
18,057
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­

$225,603 81
225,603 81
165,200 00
70,012 72
61,500 00
806,802 46

413,112 73

320,596 03

clusive of ta x e s ),............................................................................................................
28,318 05
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , .................................................................................................. 1,786,235 06
Number of s a m e , ........................................................................................ 14,543
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 13,746
Date of examination by commissioner: June 22.

1,479,717 09

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

Of $50 and less,
Exceeding $50 and
more than $100,
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num ­
ber.

Amount.

8,699

$193,183 16

2,316

190,550 41

1,399

223,085 86

1,292

468,675 65

435
402

306,871 08
403,868 90

not
not
not
less

14,543 $1,786,235 06

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

5,060
53

$710,536 05
17,113 26

27
1,252

20,616 53
160,893 58

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS.

219

F R A N K L IN S A V IN G S IN S T IT U T IO N — G R E E N F IE L D .
Incorporated April 2, 1834.
W

il l ia m

Present number of corporators, 22.

H . A l l e n , President.
C h a r l e s A l l e n , Treasurer .
F r a n k l in ft . A l l e n , Cleric o f the Corporation.

Names of committee charged with the investment of its funds :
J o se p h W . S t e v e n s ,
H en ry F . N ash,
J o se p h G r is w o l d ,
L itcius N im s ,
W m . H. A llen.

Open for business every business day, 9

a .m

to 12.30

p .m .

; 2 to 4

p m.

B a l a n c e S h e e t O c t o b e r 3 1 , 189 4 .

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
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Unpaid interest,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$1,283,907
2,000
65,200
34,900
511,500
25,000
62
895,560
577,310

80
00
00
00
00
00
32
67
00

85.850
2,435
275,324
1,059
451
9,529

00
00
85
17
81
37

$3,770,090 99

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$3,509,949 73
211,000 00
37,307 75
11,833 51

$3,770,090 99

Cash on Deposit in Banks, amount in each : —
Franklin County National Bank, Greenfield,
First National Bank, Greenfield, .
.
.
.
National Hide and Leather Bank, Boston, .
Hampshire County National Bank, Northampton,
Holyoke National Bank, Holyoke,
Home National Bank, Holyoke, .
.
Park National Bank, Holyoke,
.
.
Pynchon National Bank, Springfield, .
Springfield National Bank, Springfield,

.
.

.
.
*

$

20,000
84,722
59,628
20,000
10,000
25,519
20,453
25.000

00
93
61
00
00
69
62
00

10.000 00

Loan on Public Funds : —
On $2,000 City of Holyoke, Mass., 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 2,000 00

[Pub. D oc

R E P O R T O F TH E

220

Franklin Savings Institution — Continued.
Loans on Bank Stock, amount on each: —
On 50 shares Franklin County National Bank, Greenfield................................ $4,000 00
On 5 shares First National Bank, G r e e n f i e l d , .................................................
On 12 shares First National Bank, G r e e n f i e l d ,......................................
1,200
On 23 shares First National Bank, G r e e n f i e l d ,......................................
2,300

500 00
00
00

On 98 shares Hampshire County National Bank, Northampton, .
.
•l
12 400
On 26 shares First National Bank, N o r t h a m p t o n , ........................................>
’
On 10 shares City National Bank, W o r c e s t e r , ......................................
1,000
On 22 shares Shelburne Falls National Bank, Shelburne Falls, .
.
.
2,200
3,800
On 40 shares Adams National Bank, North A d a m s , ............................
On 25 shares First National Bank, N o r t h a m p t o n , .............................
2,500
On 55 shares Home National Bank, H o l y o k e , .......................................
5,000

00
00
00
00
00
00

Detailed Statement o f Public Funds.

Car Value.

Town of Brattleborough, Vt., 4s,
of Brookline, Mass., 7s,
of Chatham, Mass., 4^s,
of Chesterfield, N. H., 4s, .
of Greenfield, Mass., 4s,
of Greenfield, Mass , 4^s, .
of Marblehead, Mass., 4s, .
City of Boston, Mass., 5s, .
of Boston, Mass , 6s,
of Brockton, Mass., 5s,
of Cambridge, Mass., 6s,
of Chicago, 111., 4s,
of Cleveland, Ohio, 5s,
of Dayton, Ohio, 5s,
of Dayton, Ohio, 6s,
of Detroit, Mich , 4s,
of Fall River, Mass., 4s,
of Fall River, Mass., 5s,
of Fall River, Mass., 6s,
of Grand Rapids, Mich., 5s, .
of Hartford, Conn., 4s,
of Holyoke, Mass , 6s, .
of Lawrence, Mass., 6s,
of Lynn, Mass., 4s,
of Lvnn, Mass, 6s,
of Malden, Mass., 6s,
of Milwaukee, Wis., 5s,
of Nashua, N. H., 6s, .
of Northampton, Mass., 4s, .
of Peoria, 111., 4^s,
of Peoria, Ilk, 5s,
of Providence, R. I., 5s,
of Providence, R. I., 6s,
of East Saginaw, Mich., 4s,
of East Saginaw, Mich., 5s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$20,000
42,000
5,000
3,000
77,200
21,875
38,500
30,000
16,000
28,000
13,000
25,000
73,000
50,000
3,000
25,000
50,000
4,000
21,000
50,000
25,000
46,000
20,000
10,000
10,000
35,000
100,000
75,000
22,000
25,000
20,000
25,000
100,000
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
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Estimated
Market Value.

$20,175
46,200
5,325
3,000
78,400
22,400
39,800
35,100
19,120
31,750
15,225
25,500
79,490
56,600
3,037
27,000
50,875
4,180
23,195
56,000
26,000
50,830
24,200
10,350
10,275
36,400
110,000
84,000
22,080
26,625
21,200
29,000
113,500
25,100
26,500

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

Amount Invested.

$20,000
42,000
5,000
3,000
77,200
21,875
38,500
30,000
16,000
28,000
13,000
25,000
73,000
50,000
3,000
25,000
50,000
4,000
21,000
50,000
25,000
46,000
20,000
10,000
10,000
35,000
100,000
75,000
22,000
25,000
20,000
25,000
100,000
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
00
00
00
00
00
00
00
00
00
00
00
00
00
00

No. 8 .]

221

SA Y IN G S B A N K COM M ISSIONERS

Franklin Savings Institution — Continued.
Detailed Statement o f Public Funds — Concluded.

City of Springfield, Mass., 6s,
of Springfield, Mass., 7s,
of Springfield, Ohio, 5s,
of Springfield, Ohio, 6s, .
of Taunton, Mass., 6s,
of Worcester, Mass., 5s, .
Town of Athol, Mass., 4is,
of Athol, Mass., 4s,

Par Value.

Estimated
Market Value.

Amount Invested.

$4,000
30,000
50,000
10,332
1,000
18,000
8,000
4,000

$4,800
35,300
54,450
10,990
1,040
20,430
8,240
4,040

$4,000
30,000
50,000
10,332
1,000
18,000
8,000
4,000

00
00
00
80
00
00
00
00

00
00
00
00
00
00
00
00

00
00
00
80
00
00
00
00

$1,283,907 80 $1,397,722 00 $1,283,907 80

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10
153
5
87
125
68
100
25
49
30

Par Value.

Adams Nat’l B’k, North Adams,
Nat’l B'k of Commerce, Boston,
Faneuil Hall N’l Bank, Boston,
N’l B’k of No America, Boston,
National Revere Bank, Boston,
Nat’l Webster Bank, Boston, .
First Nat’l Bank, Greenfield, .
Franklin Co. National Bank,
Greenfield, .
First Nat’l B’k, Northampton,
Pittsfield Nat’l Bank, Pittsfield,

$1,000
15,300
500
8,700
12,500
6,800
10,000

Estimated
Market Value.

$1,200
17,595
653
9,907
11,906
6,613
20,000

00
00
00
00
00
00
00

Amount Invested.

$1,000
15,300
500
8,700
12,500
6,800
10,000

00
00
00
00
00
00
00

2,500
4,900
3,000

2,500 00
5,512 00
3,900 00

2,500 00
4,900 00
3,000 00

$65,200

$79,786 00

$65,200 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Albany R.R. 6s,
Boston & Lowell R.R. 6s,
Conn. & Passumpsic Rivers R.R. 4s,
Eastern R.R. 6s,
. . .
Fitchburg R R. 4s, .
N. Y. & N E. R.R. (terminal) 4s, .
Vermont & Massachusetts R.R. 5s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,000
25,000
25,000
57,500
100,000
50,000
50,000

Estimated
Market Value.

$4,080
25,800
25,500
70,150
99.000
50.000
52,750

00
00
00
00
00
00
00

Amount Invested.

$4,000
25,000
25,000
57,500
100,000
50,000
50,000

00
00
00
00
00
00
00

222

R E P O R T OF TH E

[Pub. Doc.

Franklin Savings Institution — Continued.
Detailed Statement o f Railroad Bonds — Concluded.

Par Value.

Vermont Valley R.R. 5s,
Boston & Maine R.R. 4is,
Boston & Maine R.R. 4s,
Danbury & Norwalk R.R. 5s, .
Sullivan County R.R. 4s,

$50,000
50.000
50.000
25.000
25.000
$511,500

Estimated
Market Value.

$56,500
55,250
51.000
29.000
25,500

A mount Invested.

00
00
00
00
00

$544,530 00

$50,000
50.000
50.000
25.000
25.000

00
00
00
00
00

$511,500 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$10
59,628
84,722
50,000

Kate.

00
61
93
00

0 per cent.
2
“
2é
“
3
“

Amount.

$35,519
350,453
25.000
79.000

69
62
00
00

Rate.

3£ per cent.
4
“
4|
H
“

Amount.

$91,850
50,000
1,070,295
1,900

Rate.

00
00
67
00

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e , ........................................................................................

4J per cent.
4|
“
5
“
6
“

$62 32
200 00

Number of loans which are of an amount not exceeding $3,000 each,
524
Aggregate amount of the same......................................................................................
505,223 27
Total number of loans upon real e s t a t e , ................................................. 523
Amount of investments from which no income is received,
.
.
.
72 32
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894.............................................................................................
179,851 52
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend | 2 per cent., $67,744 20 1 lg6 0_0
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 68,306 28 I
’ °
Number of accounts opened during the year ending Oct. 31, 1894,
. 647
Number of accounts closed during the year ending Oct. 31, 1894,
. 599
Total number of open accounts Oct. 31, 1894,
.
.
.
.
7,451
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
5,242 68
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
305,582 47
Number o f same,
................................................. 3,197
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of same,
...........................................................4,079
Date of examination by commissioner: October 26.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

375,601 64

No. 8 .]

223

SA Y IN G S B A N K COM M ISSIONERS

Franklin Savings Institution — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

2,239

$41,357 17

391

32,157 81

214

34,251 80

204

73,314 47

87
62

61,476 22
63,025 00

3,197

$305,582 47

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and char­
itable associations, .
In trust................................

N um ­
ber.

Amount.

1,440
13

$135,465 25
6,337 00

67
87

5,195 65
17,288 05

224

R E P O R T O F TH E

[Pub. Doc

G A R D N E R SA V IN G S B A N K — G A R D N E R .
Incorporated M ay 26, 1868.

Present 'number of corporators, 50.

C h a r l e s W . C o n a n t , President.

J o h n D . E h g e l l , Treasurer.

V o l n e y W . H o w e , Clerk o f the Corporation.

Names of committee charged with the investment of its funds r
C h a s . W . Con an t,

S. W . A . S t e v e n s ,

R o d e r ic L. B e n t ,

E z r a O sg o o d ,

Sa m u el S. Gleason.

Open for business every business day, except Saturday, 9
close at 2 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,
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, .
Deposits in banks, not on interest,
Expense account,
Cash on hand,
.
.
.
.

a .m .

to 3

p .m .

; Saturday,

31, 1894.

L ia b il it ie s .

$63,100
108,900
7,700
129,000
1,370
597,839
341,492

00
00
00
00
45
52
50

109,800
71,315
13,300
772
2,076

00
02
00
53
78

$1,446,666 80

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .

$1,317,413 26
74,801 45
12,289 47
42,162 62

$1,446,666 80

Cash on Deposit in Banks, amount in each: —
First National Bank, Gardner,
First National Bank, Boston,

$23,300 00
61,315 02

Loans on Bank Stock, amount on each : —
On 40 shares First National Bank, Gardner,
On 38 shares First National Bank, Gardner,
On 8 shares First National Bank, Gardner, .
On 2 shares First National Bank, Gardner, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,000 00
2,700 00
800 00

200 00

No. 8 .]

225

SA Y IN G S B A N K COM M ISSION ERS

Gardner Savings Bank — 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,
. . .
County of Aroostook, Me., 4|s,
City of New Britain, C t, 4s, .

Estimated
Market Value.

$10,000
5,000
26,000
1,100
10,000
11,000

$10,346
5,166
27,300
1,270
10,629
11,336

00
20
00
50
00
60

$63,100

$66,048 30

Amount Invested.

$10,000
5.000
26.00
1,100
10,000
11,000

00
00
00
00
00
00

$63,100 00

No. of
Shares.

I

Detailed Statement o f Bank Stocks.

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 Nat’l B’k, Boston,
Winthrop Nat’l Bank, Boston,
State Nat’l 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 Commonwealth, Boston, .
15 Mechanics’ Nat’l B’k, Boston,
20 Merchants’ Nat’l Bank, Boston,
34 Blackstone N’l Bank, Boston,.
16 Nat’l Exchange Bank, Boston,
5 Everett National Bank, Boston,
50 Eliot National Bank, Boston, .
25 Shoe & Leather N’l Bk, Boston,
5~~ First Nat'l Bank, Barre, .
29 Rollstone N’l B’k, Fitchburg,
86 First National Bank, Gardner,
100 Orange Nat’l Bank, Orange, .
67 Crocker N’l B’k, Turner’s Falls,
39 First Nat’l Bank, Winchendon,
50 Mechanics’ N’l B’k, Worcester,
20 Citizens’ Nat’l B’k, Worcester,
9 Leominster N’l B’k, Leominster,
20
18
10
10
25
125
15
30
50
50
5
11
50
100


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

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
1,270
2,418
13,000
1,725
3,495
5,800
5,375
780
880
7,950

00
00
00
00
75
00
00
00
00
00
00
00
00

$2,000 00
1,800 00
1,000 00
1,000 00
2,500 00
12,500 00
1,500 00
3,000 00
5,000 00
5,000 00
500 00
1,100.00
5,000 00

10,000
1,500
2,000
3,400
1,600
500
5,000
2,500
500
2,900
8,600
10,000
6,700
3,900
5,000
2,000
900

13,025
1,755
3,155
3,400
1,928
416
6,550
2,250
500
4,205
10.320
16,000
8,174
6,240
5,000
2,600
945

00
00
00
00
00
25
00
00
00
00
00
00
00
00
00
00
00

10,000
1,500
2,000
3,400
1,600
500
5,000
2,500
500
2,900
8,600
10,000
6,700
3,900
5,000
2,000
900

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$108,900 $135,257 00 $108,900 00

226

R E P O R T O F TH E

[Pub. Doc

Gardner 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.
6 s ,....................................................
Fitchburg R.R. 4s, .
Fitchburg R.R. 4±s, .
.
.
.
Fitchburg R.R. 6s, .
Old Colony R.R. 4 s,.
Old Colony R.R. 4is,
Old Colony R.R. 6s, .
.
.
.
Vermont & Massachusetts R.R. os, .
Upper Coos R.R. 4s,
Maine Central R.R. 6s,

Estimated
Market Value.

Amount Invested.

$5,000
10,000

$5,083 50
10,259 00

$5,000 00
10,000 00

5,000
18,000
25,000
5,000
10,000
5,000
5,000
1,000
15,000
25,000

5,274
17,580
25,172
5,244
10,533
5,310
5,207
1,071
15,000
33,557

5,000
18,000
25,000
5,000
10,000
5,000
5,000
1,000
15,000
25,000

50
80
50
00
00
50
50
50
00
50

00
00
00
00
00
00
00
00
00
00

$129,000 $139,294 30 $129,000 00

Total Amount of Loans, with Each Specified Rate o f Interest.
Amount.

$61,315 02
10,000 00
109,800 00

Kate.

2
3
4

per cent.
“
“

Amount.

$15,000 00
5,000 00
859,589 52

Kate.

4^ per cent.
4|
“
5
“

Amount.

$7,800 00
59,642 50

Kate.

5£ per cent.
6
“

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,
727
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 706
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 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s:
Wednesday in January and July.

547,580 70
3,370 45
69,958 28

Tuesday before first

Rate and amount of each semi-annual dividend f 2 per cent., $24,590 35 1
during the year ending Oct. 31, 1894, .
.
( 2 per c e n t,
24,684 28 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 497
Number of accounts closed during the year ending Oct. 31, 1894,
. 437
Total number o f open accounts Oct. 31, 1894.......................................
4,114
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,370 45
970 00

49,274 63

4,299 84

No. 8 .]

227

SA Y IN G S B A N K COM M ISSION ERS

Gardner Savings Bank — Concluded.
Amount ot deposits, not including dividends, received during the year
ending Oct. 31, 1894, ................................................. .........

$206,588 03

Number of s a m e , ........................................................................................ 2,347
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

219,010 89

Number of s a m e , ........................................................................................ 2,461
Date of examination by commissioner: February 13.

Classification o f Deposits received during the Year ending Oct. 31, IS 94.
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,564

$31,957 39

377

32,025 10

158

24,948 24

181

61,324 36

39
28

27,724 35
28,608 59

2,347

$206,588 03

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
.
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

1,011
16

$91,326 13
4,179 35

42
18

2,779 39
2,205 40

228

R E P O R T O F TH E

[Pub. Doc.

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 M ay 26, 1868.

Present number of corporators, 60.

S h e r m a n N e l s o n , President.

E d w a r d S. F i c k e t t , Treasurer.

G e o r g e S. W e s t o n , 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 ,

Sh e r m a n N elson,

Ol iv e r S . B u t l e r .

Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 12 m .

B

alance

Sh e e t O ctober

A ssets.

a .m

. to 12 m . ; 2 to 3 p . m . ;

31, 1894.

L ia b il it ie s .

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).............................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Cash on hand,
.
.
.
.

$8,000
14,800
10,000
25,000
9,950
429,328
120,190

00
00
00
00
60
90
93

10,500
620
43,981
2,000
58
701

00
00
71
00
00
78

Deposits, .
Guaranty fund,
Profit and loss
count, .

•

$651,142 78
20,200 00
ac­
3,789 14

$675,131 92
------- ----------------------------------------------

$675,131 92

------------ --

"

’

Cash on Deposit in Banks, amount in each : —
Georgetown National Bank, G e o r g e t o w n ,........................................................... $33,481 71
Essex National Bank, H a v e rh ill,...............................................................................
10,000 00
Amesbury National Bank, Amesbury........................................................................
2,500 00
Loans on Bank Stock: —
On
On
On
On

65 shares Somerville National Bank, Somerville, .
29 shares Amesbury National Bank, Amesbury, .’
8 shares Second National Bank, Haverhill,
.
.
.
.
10 shares Haverhill Safe Deposit and Trust Company, Haverhill,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

' j- $10,000 00

■I

•J

No. 8 .]

229

SA Y IN G S B A N K COM M ISSIONERS

G e o rg e to w n S avings B a n k — Continued.
Detailed Statement of Public Funds.

Par Value.

City of
of
of
of

Bath, Me , 6s,
Belfast, Me., 6s, .
Concord, N. H., 6s,
Portland, Me., 6s,

Estimated
Market Value.

$2,000
4.000
1.000
1,000

$2,060
4,150
1,000
1,000

00
00
00
00

$8,000

$8,210 00

Amount Invested.

$2,000
4.000
1.000
1,000

00*
00*
00
00

$8,000 00

* Legal investments when made.

No. of
Shares.

Detailed Statement o f Bank Stock.

13
10
30
30
45
10

Par Value.

Columbian Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
State National Bank, Boston, .
Georgetown N’l Bank, George­
town, ..................................
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

Detailed Statement o f Railroad 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. 4|s,


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

230

R E P O R T O F TH E

[Pub. D oc.

Georgetown Savings B an k — Conclud ed .
Total Amount o f Loans, with each Specified Late o f Interest.
Amount.

$31,481 71
13,500 00

Rate.

Amount.

3 per cent.
4
“

$72,600 00
80,800 00

Rate.

Amount.

Rate.

4^ per cent.
5
“

$408,492 83
7,747 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, 1894,
Number o f loans which are of an amount not exceeding $3,000 each,
380
Aggregate amount of the s a m e , ...............................................................................

316,639 83

Total number of loans upon real e s t a t e , ................................................. 368
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894.............................................................................................

30,995 40

$9,950 60
12,900 00

120 00

Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
Rate and amount of each semi-anuual dividends
per cent., $13,566 28 )
during the year ending Oct. 31, 1894,
.
. I 2| per cent., 13,862 30 J
Number of accounts opened during the year ending Oct. 31, 1894,
164
Number of accounts closed during the year ending Oct. 31, 1894,
. 120
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,493
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894, .
..............................................................................
Number of same, .
.....................................................................701
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of same,

.

.

.

.

27,428 58

2,019 51
78,108 08

76,988 42

...........................................................904

Date of examination by commissioner: May 15.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
'

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
01 $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num­
ber.

N um ­
ber.

Amount.

396

$8,872 70

96

3,747 91

91

11,238 40

73

20,205 51

30
15

18,043 56
16,000 00

701

$78,108 08

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

278

$28,364 95

14
14

1,550 00
4,267 54

No. 8 .]

231

SA Y IN G S B A N K COM M ISSION ERS.

G R AF TO N S A V IN G S B A N K - G R AFTO N .

Incorporated March 13, 1869.

Present number o f corporators, 50.

G e o r g e K . N ic h o l s , President.

H e n r y F . W i n g , Treasurer.

H e n r y F . W i n g , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
G e o r g e K . N ic h o l s ,

H o r a c e S. W a r r e n ,

D a n ie l N . G ib b s ,

G eo . W . F is h e r ,

Clarence R . P ratt.

Open for business every business day, except Saturday, 9
Saturday, 9 a .m . to 12 m .

a .m

. to 12 m . ; 1 to 4 p . m .

B alance Sheet O ctober 31, 1894.

L ia b il it ie s .

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
( n o t e s ) , .......................................
Deposits in bank, on interest,
Deposits in bank, not on interest,

$34,960
3,400
92,213
61,076

49
00
24
00

Deposits, .
Guaranty fund,
Interest account,

$247,019 75
9,400 00
11,834 75

33,551 38
40,000 00
3,053 59
$268,254 50

$268,254 50

Cash on Deposit in Banks, amount in each: —
First National Bank, Worcester, .................................................
Millbury National Bank, M i l l b u r y , .......................................
Grafton National Bank, G r a f t o n ,.................................................
Worcester Safe Deposit and Trust Company, Worcester,
.

$

10,000 00
10,000 00
13,053 39

10,000 00

Loan on Bank Stock: —
On 38 shares Grafton National Bank, G r a f t o n , ................................................. $3,400 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

232

R E P O R T O F TH E

[Pub. D oc

G ra fton Savings B a n k — Continued.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

Tar Value.

30 N’l B’k of Redemption, Boston,
30 Nat’l Revere Bank, Boston, .
20 State National Bank, Boston, .
10 Shawmut N’l Bank, Boston, .
8 Nat’l Webster Bank, Boston, .
15 Howard Nat’l Bank, Boston, .
10 North National Bank, Boston,
38 Market Nat’l Bank, Boston, .
28 N’l B’k of No America, Boston,
5 Manufacturers’ N’l B’k, Boston,
5 Massachusetts N’l B’k, Boston,
3 National City Bank, Boston, .
10 Eliot National Bank, Boston, .
5 Fourth Nat’l Bank, Boston,
76 Grafton Nat’l Bank, Grafton, .
10 Spencer Nat’l Bank, Spencer,

$3,000
3,000
2,000
1,000
800
1,500
1,000
3,800
2,800
500
500
300
1,000
500
7,600
1,000
$30,300

Estimated
Market Value.

$3,680
3,000
2,340
1,180
808
1,530
1,200
3,800
3,360
505
500
300
1,310
600
8,512
1,200

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$33,825 00

$4,187
3,814
2,040
1,222
976
1,744
l-,206
4,276
3,200
550
677
363
1,230
500
7,972
1,000

75
00
00
75
12
50
25
00
25
00
12
25
00
00
50
00

$34,960 49

Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.

$10,000 00
20,000 00

Kate.

2 per cent.
3

Amount.

$48,051 38
59,576 00

Rate.

4 per cent.
4é
“

Amount.

$36,500 00
56,113 24

Kate.

5 per cent.
6

Number of loans which are o f an amount not exceeding $3,000 each, . 77
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 80
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 4 , .....................................................................
Times for the dividends fixed by the by-law s: January 1 and July 1.
Rate and amount of each semi-annual dividend j 2 per cent., $5,157 46 1
during the year ending Oct. 31, 1894,
.
( 2 per cent.,
5,052 52
Number of accounts opened during the year ending Oct. 31, 1894,
.
55
Number of accounts closed during the year ending Oct. 31, 1894,
.
70
Total number of open accounts Oct. 3 1 , 1 8 9 4 , ....................................... 846
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 257
Amount of withdrawals, including dividertds, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , .................................................................................................. 386
Date of examination by commissioner: M ay 17.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$79,713 27

10,638 35

10,209 98

111 50
21,566 59

44,065 03

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

233

G ra fto n Savings B a n k — Concluded.
Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .
Num her.
O f $50 and lees,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Numher.

Amount.

193

$3,435 71

33

2,958 01

8

1,171 17

11

3,647 97

5
7

3,353 73
7,000 00

257

$21,566 59

To the credit —
O f women, both adult
and minor,
O f religious and charitable associations, .

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

Amount.

147

$9,584 44

5

210 37

234

R E P O R T O F TH E

G R A N IT E

[Pub. Doc.

S A V IN G S B A N K — ROCKPORT.

Incorporated March 21, 1884.

Present number of corporators, 54.

E b e n G. A b b o t t , President.

N a t h a n i e l R i c h a r d s o n , Jr., Treasurer.

J o h n L . W o o d f a l l , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
E ben G. A bbott,

F r a n c is T a r r ,

G rafton B u t m a n ,

H i r a m J. P h i l b r o o k ,

G eorge H . L o w e .

Open for business Wednesday and Saturday, 10

a .m

. to 12 m . ; 2 to 3 f . m .

B alance Sheet October 31, 1894.

A sse ts.

Public funds as per schedule, .
Bank stock as per schedule,
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
F u r n itu r e ,........................................
Cash on hand,
.
.
.
.

L ia b il it ie s .

$23,638
6,640
10,403
66,075
16,800
2,093
1,809
100
98

00
00
50
00
00
09
35
00
70

$127,657 64

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$125,537 30
1,875 00
245 34

$127,657 64

Cash on Deposit in Banks, amount in each: —
Rockport National Bank, R o c k p o r t ,..................................................................... $1,809 35
Gloucester Safe Deposit and Trust Company, Gloucester, .
.
.
.
2,093 09


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

235

G ranite Savings B an k — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Cleveland, Ohio, 6s, .
of Keene, N. H., 4 s,.
of Pawtucket, R. I., 4s, .
of Peoria, 111., 7s,
of Rockford, 111., 4^s,
of Scranton, Pa., 5 s,.
of Sioux City, Iowa, 4JS, .
of Springfield, Ohio, 5s, .
of Springfield, Ohio, 6s, .
of Waltham, Mass., 4s, .
Town of Clinton, Mass., 4s,
of Orange, Mass , 4s,
of Tilton, N. H , 6s,
County of Merri mac, N. H , 4s,
of Aroostook, Me., 4^s,
City of Bridgeport, Ct., 4s,
of Danbury, Ct., 4s, .
,

$2,000
500
2,000
1,000
3,500
1X00
1,000
2,000
375
1,000
1,000
2,000
500
1,000
2,000
1,000
1,000
$22,875

Estimated
Market Value.

$2,044
500
2,130
1,105
3,667
1,000
1,000
2,030
385
1,000
1,018
2,025
513
1,012
2,149
1,030
1,030

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$23,638 00

Amount Invested.

$2,044
500
2,130
1,105
3,667
1,000
1,000
2,030
385
1,000
1,018
2,025
513
1,012
2,149
1,030
1,030

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00*
00

$23,638 00

* Not a legal investment, and will be sold.

No. of
Shares.

Detailed Statement o f Bank Stocks.

8
12
24
10

Par Value.

Gloucester N’l B’k, Gloucester,
Cape Ann N’l B’k, Gloucester,
Rockport Nat’l B’k, Rockport,
Gloucester Safe Deposit and
Trust Company, Gloucester,

Estimated
Market Value.

Amount Invested.

$800
1,200
2,400

$1,080 00
1,680 00
2,880 00

$1,080 00
1,680 00
2,880 00

1,000

1,000 00

1,000 00

$5,400

$6,640 00

$6,640 00

Detailed Statement o f Railroad Bonds.
Par Value.

Fitchburg R.R 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 6s, .
Maine Central R.R 7s, .
Boston & Maine R.R. 4^s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,000
3,000
1,000
1.000
3,000
$10,000

Estimated
Market Value.

$2,000
3,000
1,026
1,110
3,267

00
00
00
00
50

$10,403 50

Amount Invested.

$2,000
3,000
1,026
1,110
3,267

00
00
00
00
50

$10,403 50

236

R E P O R T O F TH E

[Pub. D oc.

Granite Savings Bank — C onclud ed .
Total Amount o f Loans, with Each Specified Bate o f Interest.

Amount.

Eate.

$2,093 00
9,300 00

Amount.

3 per cent.
5

$7,000 00

Kate.

54 per cent.

Amount.

Eate.

$66,575 00

6 per cent.

Number of loans which are o f an amount not exceeding $3,000 each,
107
Aggregate amount of the s a m e , ..............................................................................
$71,575 00
Total number of loans upon real e s t a t e , ................................................. 100
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
6,619 66
Times for the dividends fixed by the b y-law s: April 1 and October 1.
Rate and amount of each semi-annual dividend f 2 per cent.,
$2,214 56 1
4,482 33
during the year ending Oct. 31, 1894,
.
. I 2 per cent.,
2,267 77 J
Number of accounts opened during the year ending Oct. 31, 1894,
111
Number of accounts closed during the year ending Oct. 31, 1894,
68
Total number of open accounts Oct. 31, 1894,
.
.
.
.
772
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
456 90
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 ,...................................................................................................
30,966 35
Number of s a m e , ..................................................................................................552
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
27,218 93
Number of s a m e , .................................................................................................. 413
Date of examination by commissioner: October 8.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Numher.
O f $50 and less,
Exceeding $50 and
more than $ 100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Totals,

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

Numher.

Amount.

410

$7,255 97

70

5,910 30

41

6,289 34

29

10,260 74

not
not
not
less
2

1,250 00

552

$30,966 35

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Am ount.

188
2

$10,958 96
83 89

28
2

2,343 36
313 00

No. 8 .]

237

SA Y IN G S B A N K COM M ISSION ERS

GR EAT

B A N K — GR EAT

B A R R IN G T O N S A V IN G S
B A R R IN G T O N .

Incorporated Feb. 3, 1869.

Present number of corporators, 39.

G e o r g e C h u r c h , President.

C h a r l e s J. T a y l o r , Treasurer •.

M e r r i t t I. W h e e l e r , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
A . C h a l x l e y Co l l in s ,
A l f r e d S. F a s s e t t ,

M e r r it t I. W h e e l e r ,*

W

m . C. H in m a n ,

C h a s . J. T a y l o r .

Open for business every business day, 9

B alance

Sheet

a .m

O ctober

. to 12 m . ; 1 to 3 p . m .

31,1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Cash on hand,
.
.
.
.

$30,000
49,701
3,074
56.000

00
92
39
00

13.000
106
297,478
60,084

00
20
25
12

3,000
27,592
10,229
1,166

00
34
86
19

$515,523 02
18,250 00
17,660 25

Deposits, .
Guaranty fund,
Interest account,

$551,433 27

.

$551,433 27

Cash on Deposit in Banks, amount in each : —
National Bank of Redemption, Boston,
Springfield Safe Deposit and Trust Company, Springfield,
Pynchon National Bank, Springfield, .
.
.
.
National Mahaiwe Bank, Great Barrington, .

$10,000
7,592
10,000
10,229

00
34
00
86

Loans on Bank Stock, amount on each : —
On
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^
5 shares National Mahaiwe Bank, Great Barrington,
Resigned December 5, 1891, and W . W . Norton elected to fill vacancy.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$174 39
500 00
600 00
1,400 00
400 00

238

R E P O E T O F TH E

[Pub. D oc.

Great Barrington Savings B ank— Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Bridgeport, Conn , 3^s,
of Chicago, 111., 4s, .
.

*

Estimated
Market Value.

Amount Invested,

$10,000
20,000

$9,900 00
20,400 00

$10,000 00
20,000 00*

$30,000

$30,300 00

$30,000 00

A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10
10
13
59
19
10
54
66
14
42
25
41
48
3
3

Tar Value.

First Nat’ l Bank, Adams,
Faneuil Hall N’l B’k, Boston,
Suffolk Nat’l Bank, Boston, .
N’l B'k of Redemption, Boston,
Hamilton Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
New England N’l B’k, Boston,
Shoe & Leather N’l B’k, Boston,
Nat’l Union Bank, Boston,
N’l B’k of No America, Boston.
Merchants’ N’l Bank, Boston,
Nat’l Mahaiwe Bank, Great
Barrington, .
.
.
.
Lee National Bank, L ee,.
Pittsfield N’l Bank, Pittsfield,
Housatonic Nat’l Bank, Stockbridge,
.
.
.
.

$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
1,307
1,300
7,419
2,099
1,227
8,546
5,956
1,879
4,782
3,937

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

$52,522 00

$49,701 92

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Albany R R. 6s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4 s,.
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.

$1,020
30,600
20,200
5,237

00
00
00
00

$57,057 00

Amount Invested.

$1,000
30.000
20.000
5,000

00
00
00
00

$56,000 00

No. 8 .]

239

SA Y IN G S B A N K CO M M ISSION ERS

Great Barrington Savings Bank— Concluded.
Total Amount o f Loans , with Each Specified Rate o f Interest.

Amount.

$10,000 00
17,592 34

Kate.

Amount.

Bate.

Amount.

Kate.

2 per cent.
4
»

$263,425 00

5 per cent.

$100,211 76

6 per cent.

Amount invested in real estate for banking p urposes,.......................................
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, 1894,
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,.....................................................................................................................
Assessed value o f the s a m e , ........................................................................................
Number of loans which are of an amount not exceeding $3,000 each,
266

$13,000
13,000
7,000
348

00
00
00
12

106 20

100 00

Aggregate amount of the s a m e , ..............................................................................
Total number o f loans upon real estate...................................................
233
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur­

238,486 76

ing year ending Oct. 31, 1894......................................................................................
Times for the dividends fixed by the by-law s: first Thursday in January

26,899 74

and July.
Rate and amount of each semi-annual dividend r 2 per cent., $9,721 89 j
during the year ending Oct. 31, 1894,
.
. | 2 per cent.,
9,708 59 i
Number o f accounts opened during the year ending Oct. 31, 1894,
. 348
Number of accounts closed during the year ending Oct. 31, 1894,
. 314
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,185

106 20

19,430 48

Total expenses o f the corporation for the year ending Oct. 31, 1894 (exclusive of t a x e s ) , ..................................................................................................
Amount of deposits, not including dividends, received during the year

1,853 73

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 1,554
Amount of withdrawals, including dividends, during the year ending Oct.

112,519 90

31, 1 8 9 4 , .....................................................................................................................
Number of same.............................................................................................. 1,638
Date of examination by commissioner: August 16.

126,039 63

Classification o f Deposits received during the Year ending Oct. 3 1 , IS .94.
N um ­
ber.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,103

$22,992 55

218

18,236 11

115

17,898 07

86

28,549 07

26
6

18,844 10
6,000 00

1,554

$112,519 90

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

*
To the credit —
O f women, both adult
and minor,
Of guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

Num ­
ber.

Amount.

848
7

$57,389 51
1,544 76

24
13

913 37
2,204 97

240

KEPO K T O F TH E

[Pub. Doc

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.

Present number of corporators, 30.

R o b e r t A b e r c r o m b i e , President.

A l b e r t M . G l e a s o n , Treasurer

C h e s t e r C . C o n a n t , Clerk o f the Corporation.

Names o f committee charged with the investment o f its funds:
W il l ia m A . F o r be s,

A . M . G leason,

Ch a s . R . L o w e l l ,

L e v i J. G u n n ,
S . B. Sl a t e .

Open for business every business d a y , 9

B alance

A

Sheet

. to 12.30 b . m . ; 2 to 4 p . m .

O ctober

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, .
Deposits in banks, not on interest,
Expense account,
Premium account,
Unpaid interest, .
.
.
.
Furniture and fixtures,
Cash on hand,
.
.
.
.

a .m

31, 1894.

L ia b il it ie s .

$101,500
135.000
28,050
201.000
2,913
1,251,784
210,873

00
00
00
00
74
50
00

20,872
170
8,746
1,178
2,003
10,000
810
1,000
718

82
00
36
54
67
00
24
00
53

$1,976,621 40

Deposits, .
Guaranty fund,
Interest account,

$1,916,225 40
60,000 00
396 00

$1,976,621 40

Cash on Deposit in Banks, amount in each : —
Packard National Bank, Greenfield,
Franklin County National Bank, Greenfield,
People’s National Bank, Brattleborough, V t.,
Conway National Bank, Conway, .
.
National Bank o f Commerce, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,865 39
775 72
1,171 30
1,933 95
1,178 54

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS.

241

Greenfield Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 5 shares First National Bank, Northampton, .
On 24 shares Packard National Bank, Greenfield,
On
On
On
On

.

.

$500 00
2,000 00
3,360 00

.

40 shares W are National Bank, W a r e , ........................................
5 shares Agawam National Bank, Springfield,
75 shares Park National Bank, Holyoke,
.
.
.
.
100 shares Home National Bank, Holyoke,
.
.
.
.

300
7,500
9.300
3.300
740
1,050

On 37 shares Shelburne Falls National Bank, Shelburne Falls, .
On 9 shares Franklin County National Bank, Greenfield, .
On 12 shares Conway National Bank, C o n w a y ,..............................

00
00
00
00
00
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., 41s,
West Rutland, Vt., 5s,.

$2,000
17.000
25.000 .
40.000
17,500
$101,500

Estimated
Market Value.

$2,000
17,340
26,750
40,000
19,600

00
00
00
00
00

Amount Invested.

$2,000
17.000
25.000
40.000
17,500

00
00
00
00
00

$105,690 00 $101,500 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

37
48
13
6
18
42
38
15
10
3
50
20
52
12
41
34
138
50
14
15

Par Value.

Athol National Bank, Athol, .
Nat’l Revere Bank, Boston,
N’l Hide & Leather B'k, Boston,
National City Bank, Boston, .
Market Nat’l Bank, Boston, .
Eliot National Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Second Nat’l Bank, Boston, .
Washington N’l Bank, Boston,
Metropolitan N’l B'k, Boston, .
South End Nat’l Bank, Boston,
N’l B’k of Redemption, Boston,
First Nat’l Bank, Chicopee, .
Conway N’l Bank, Conwav, .
First N’l Bank, Greenfield,
Holyoke Nat’l Bank, Holyoke,
City National Bank, Holyoke,
Hadley Falls N’l B’k, Holyoke,
Hampshire County National
Bank, Northampton, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$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
1,400
1,500

Estimated
Market Value.

Amount Invested.

$3,885
4,608
1,404
492
1,530
5,502
5,924
1,440
1,850
300
4,850
1,600
6,552
1,800
5,125
6,800
23,460
5,500
2,380

$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
1,400

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1,875 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1,500 00

242

[Pub. D oc

R E P O R T O F TH E

Greenfield Savings Bank — Continued.

No of
Shares.

Detailed Statement of Bank Stocks — Concluded.

21
60
60
50
67
110
45
70
3
36
75
10
87
50

•
First Nat'l B’k, Northampton,
Berkshire County National
Bank, North Adams,
Adams N’l Bank, No. Adams,
Orange Nat’l Bank, Orangfe, .
Palmer National Bank, Palmer,
Third Nat’l Bank, Spring-field,
City Nat’l Bank, Springfield, .
First Nat’l Bank, Springfield,
Chicopee N’l B’ k, Springfield,
Second Nat’l B’k, Springfield,
Chapin Nat’l B’k, Springfield,
Crocker N’l B’k, Turner’s Falls,
Winchester National Bank,
Winchester, N. H.,
First Nat’l Bank, Westfield, .

Par Value.

Estimated
Market Vaiue.

$2,100

$2,310 00

$2,100 00

6,000
6,000
5,000
6,700
11,000
4,500
7,000
300
3,600
7,500
1,000

6,600
7,500
8,500
10,050
23,100
6,750
8,750
480
4,500
9,750
1,250

6,000
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

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00

8,700
5,000

4,070 00
6,750 00

3,700 00
5,000 00

$135,000

$187,237 00

$135,000 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R 4s,
Fitchburg R.R. 5s, .
Newport & Richford R.R. 5s, .
Old Colony R.R. 4s,.
Boston & Maine R.R. 4s,
Upper Coos R.R. 4is,

$25,000
16,000
10,000
50.000
50.000
50.000
$201,000

Estimated
Market Value.

$25,750
16,840
10.500
53.000
51.000
52.500

00
00
00
00
00
00

$209,590 00

Amount Invested.

$25,000
16,000
10,000
50.000
50.000
50.000

00
00
00*
00
00
00

$201,000 00

* A legal investment when made.

Total Amount o f Loans , ivith Each Specified Rale o f Interest.

Kate.

Amount.

Kate.

2 per cent.
3
“
4
“

$19,800 00
1,419,915 50

4¿ per cent.
5
“

Amount.

$775 72
7,970 61
1,072 82


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$1,545 00
69,417 00

Kate.

5J per cent.
6

N o. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

Greenfield. Savings Bank —

243

C onclud ed .

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, 1894,
Number of loans which are of an amount not exceeding $3,000 each, 609
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real estate............................................................843
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 1 , ........................................................................................
Times for the dividends fixed by the b y -la w s: January 1 and July 1.
Rate and amount o f each semi-annual dividend f 2 per cent., $35,903 45 i
during the year ending Oct. 31, 1894,
.
. j 2 per cent., 36,598 38 ]
Number of accounts opened during the year ending Oct. 31, 1894,
. 795
Number of accounts closed during the year ending Oct. 31, 1894,
. 626
Total number of open accounts Oct. 31, 1894,
.
.
.
.
4,420
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes), ...........................................................................................................
Amount of deposits, not including dividends, received during the year end­

$2,913 74
3,000 00
100 95
548,621 50

96,739 35

72,501 83

5,358 00

ing Oct. 31, 1 8 9 4 ,...........................................................................................................
Number of s a m e , .................................................................................................. 3,196
Amount o f withdrawals, including dividends, during the year ending Oct.

376,108 38

31, 1894...............................................................................................................................
Number of s a m e , .................................................................................................. 3,272
Date of examination by commissioner: October 25.

367,514 93

Classification o f Deposits received during the Year ending Oct. 3 1 , I S 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .
Totals,

Amount.

2,203

$40,200 36

409

34,820 96

200

36,169 04

182

75,892 01

104
98

77,347 51
111,678 50

3,196

$376,108 38

not
not
not
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and char­
itable associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

1,263
10

$101,688 17
2,823 93

47
36

4,127 34
12,711 56

[Pub. D oc.

R E P O R T O F TH E

244

H A M P D E N S A V IN G S B A N K — SP R IN G F IE L D .
Incorporated April 13, 1852.

Present number of corporators, 40.

J o h n M u l l i g a n , President.

P. S. B a i l e y , Treasurer.
P. S. B a i l e y , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
R . F. H a w k in s ,
A . J. W r i g h t ,

Jo h n M u l l i g a n ,

W . H. W

Open for business every business day, 9

Balance

Sheet

O ctober

a .m

r ig h t .

. to 4 p . m .

31, 1894.

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, .
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
Cash on hand,
.
.
.
.

$311,010
26,675
500,000
42,750
67,226
1,301,245
493’,700
1,000
80,000
6,062
2,549
3,274

00
00
00
00
38
00
00
00
00
23
04
78

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$2,835,492 43

$2,686,157 31
96,000 00
13,984 23
39,350 89

$2,835,492 43

Cash on Deposit in Banks, amount in each : —
Chicopee National Bank, S p r in g fie ld ,..................................................................... $25,000 00
Pynchon National Bank, S p r in g fie ld ,.....................................................................
20,000 00
Chapin National Bank, S p r i n g f i e l d ,.....................................................................
10,000 00
Agawam National Bank, Springfield..........................................................................
31,002 23

Loans on Bank Stock, amount on each : —
On
On
On
On
On
On

25 shares Chapin National Bank, Springfield,
30 shares City National Bank, Springfield,
5 shares Ware National Bank, W are,
.
.
.
.
25 shares Third National Bank, Springfield, .
20 shares Agawam National Bank, Springfield,
30 shares Hampshire County National Bank, Northampton,

On 15 shares Second National Bank, Springfield,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,300 00
225
2.500
1,800
3,000
1.500

00
00
00
00
00

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

245

Hampden Savings Bank — Continued.
On 24 shares Agawam National Bank, S p r i n g f i e l d ,....................................... $2,000 00
On
On
On
On
On
On

10 shares Second National Bank, S p r i n g f i e l d , ....................................... 1
25 shares Chapin National Bank, S p r i n g f i e l d , ....................................... 1
10 shares Chapin National Bank, Springfield,.................................................
10 shares First National Bank, S p r i n g f ie ld ,.................................................
24 shares First National Bank, Springfield.......................................................
6 shares Second National Bank, S p rin g fie ld ,.................................................

3^00

00

1,000
1,000
2,000
500

00
00
00
00

On 3 shares Agawam National Bank, S p r i n g f i e l d , ........................................
250
On 25 shares Chapin National Bank, Springfield,.................................................
500
500
On 5 shares Chicopee National Bank, S p r i n g f i e l d , .......................................
On 3 shares Chapin National Bank, Springfield,.................................................
300
On 5 shares Third National Bank, S p r i n g f ie ld ,.............................................................. 500
On 13 shares National Exchange Bank, B o s to n ,.................................................
800

00
00
00
00
00

00

Loans on Railroad Stock, amount on each : —
On 10 shares Boston & Albany R R , ..............................................................$1,500
On 50 shares Boston & Albany R . R . , ..........................................................
7,500
On
On
On
On

22 shares Boston & Albany R . R . , ...........................................................
19 shares Boston & Albany R . R . , ...........................................................
10 shares Boston & Albany R . R . , ...........................................................
4 shares New Y ork , New Haven & Hartford R .R .,
.
.
.
.

On 66 shares New York, New Haven & HartfordR .R ., .
On 12 shares New York, New Haven & Hartford R .R .,
On 3 shares New Y ork , New Haven & Hartford R .R .,

.
.
.

.

3,000
2,350
1,400

.
;

.

.
.

.
.

On 100 shares Old Colony R . R . , .............................................................................. j
On 100 shares Boston & Providence R . R . , ...........................................................*

00
00
00
00
00
100 00
9,000 00
1,000 00
400 00

^ g o o 00*

* A legal loan when made.

Ko. o f
Shares.

Detailed, Statement o f Bank Stocks.

First National Bank, Boston,.
N’l Hide & Leather B’k, Boston,
Merchants’ Nat’l Bank, Boston,
N'l B'k of Commerce, Boston,
Nat’l Revere Bank, Boston,
Nat'l Webster Bank, Boston, .
National Bank of the Republic,
Boston,
.
.
.
.
37 Suffolk National Bank, Boston,
50 Continental Nat’l Bank, Boston,
50 N’l B’k of Redemption, Boston,
50 Freeman’s Nat’l Bank, Boston,
50 State National Bank, Boston,
50 N’l B’k of No. America, Boston,
50 Eliot National Bank, Boston, .
63 Shawmut Nat’l Bank, Boston,
60 First Nat’l Bank, Chicopee, .
33 Franklin County Nat’l Bank,
Greenfield, .
.
.
.
200 Holyoke Nat’l Bank, Holyoke,

28
75
230
75
75
26
50


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

Amount Invested.

$2,800
7,500
23,000
. 7,500
7,500
2,600

$6,720
8,325
36,110
8,700
7,500
2,600

00
00
00
00
00
00

$2,800
7,500
27,210
10,865
7,500
2,892

00
00
00
00
00
00

5,000
3,700
5,000
5,000
5,000
5,000
5,000
5,000
6,300
6,000

7,750
3,700
6,200
6,300
5,000
5,850
6,000
6,550
7,245
9,000

00
00
00
00
00
00
00
00
00
00

6,300
4,500
5,300
6,700
5,900
5,900
5,700
6,100
7,600
7,920

00
00
00
00
00
00
00
00
00
00

3,300
20,000

3,630 00
34,000 00

4,550 00
23,056 00

246

R E P O R T O F TH E

[Pub. Doc,

Hampden Savings Bank — Continued.

No of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

40
20
66
30
40
50
85
423
230
50
50
65
74
75
50

Par Value.

Hadley Falls N’l B’k, Holyoke,
Monson Nat’l Bank, Monson, .
Hampshire Co. National Bank,
Northampton,
First N’l Bank, Northampton,
First N’l B’k, Norwich, Conn.,.
Uncas N’l B’k, Norwich, Conn.,
Thames Nat’l Bank, Norwich,
C o n n .,..................................
Agawam N’l B’k, Springfield, .
Chapin N’l Bank, Springfield,
Chicopee N’l B’k, Springfield,
First Nat’l Bank, Springfield,.
Pvnchon N’l B’k, Springfield,
Third Nat’l Bank, Springfield,
Ware National Bank, Ware, .
John Hancock National Bank,
Springfield, .
.
.
.

$4,000
2,000

Estimated
Market Value.

$6,000 00
3,000 00

Amount Invested.

$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

5,000
$257,500

6,075 00

6,075 00

$353,325 00 $311,010 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Providence R.R. 4s, .
Holyoke & Westfield R.R 4s, .
N. Y. & N. E. R.R. (terminal) 4s, .
Boston & Albany R.R. 5s,
Boston & Albany R.R. 4s,
Connecticut River R.R. 4s,
Boston & Lowell R.R. 4s,

$50,000
50.000
50.000
50.000
50.000
200,000
50.000
$500,000

Estimated
Market Value.

$52,500
52.500
52.500
55.000
53.000
210,000
52.500

00
00
00
00
00
00
00

Amount Invested.

$50,000
50.000
50.000
50.000
50.000
200,000
50.000

00
00
00
00
00
00
00

$528,000 00 $500,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$80,000 00
100,000 00

Kate.

Amount.

3 per cent.
4
“

$115,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Rate.

per cent.

Amount.

Kate.

$1,650,370 00

5 per cent.

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS.

Hampden Savings Bank —

247

C on clu d ed .

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, 1894,
Number of loans which are of an amount not exceeding $3,000 each, . 340
Aggregate amount of the s a m e , .................................................
Total number of loans upon real e s t a t e , ................................................. 376
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, during

$67,226 38
52,900 00
1,013 00
476,220 00
39,000 00

129,735
year ending Oct. 31, 1894............................................................................................
Times for the dividends fixed by the by-laws : February 15 and August 15.
Rate and amount of each semi-annual dividend f 2 per cent., $50,226 46 1 101,844
during the year ending Oct. 31, 1894, .
.
. l2 p e rc e n t., 51,617 54 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 935
Number of accounts closed during the year ending Oct. 31, 1894,
. 805
.
.
.
.
5,270
Total number of open accounts Oct. 31, 1894,
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
8,477
clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year
437,892
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 3,695
Amount o f withdrawals, including dividends, during the year ending Oct.
432,393
31, 1894...............................................................................................................................

01

00

28
08

86

Number of s a m e , .................................................................................................. 3,S83
Date of examination by commissioner: June 7.

Glassification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

2,390

$48,906 92

525

44,011 13

266

42,572 86

282

100,650 32

116
116

82,057 81
119,693 04

3,695

$437,892 08

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

1,224
21

$179,976 56
8,872 05

11
73

2,250 00
30,009 87

[Pub. D oc.

R E P O R T O F TH E

248

HAMPSHIRE SAVINGS B A N K — NORTHAMPTON.
Incorporated May 19, 1869.

Present number of corporators, 32.

Josephus Crafts , President.
L ewis W arner , Treasurer.
L ewis W arner , Clerk o f the Corporation.
Names of committee charged with the investment o f its funds:

Josephus Crafts,
James M . F ay ,
W illiam H . D ickinson,
J. H . D emond,
H enry A . K imball .
Open for business every business day, 9 a .m . to 3 p .m .

Balance

A

Sh eet

O ctober

31, 1894.

L ia b il it ie s .

ssets.

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
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

$208,830
29,150
30,000
300
890,831
94,025

42
00
00
00
20
00

35,700
43,691
3,823
1,958

00
43
90
85

$1,274,078 98
36,150 00
8,665 60

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

19,416 22

$1,338,310 80

$1,338,310 80

Cash on Deposit in Bank : —
Hampshire County National Bank, Northampton,

.

$43,691 43

Loans on Bank Stock, amount on each : —
On
On
On
On
On
On
On
On
On

17 shares Hampshire County National Bank, Northampton,
21 shares First National Bank, Northampton,
50 shares First National Bank, Easthampton,
5 shares First National Bank, Greenfield,
7 shares Franklin County National Bank, Greenfield, .
15 shares Conway National Bank, Conway, .
125 shares Park National Bank, Holyoke,
4 shares Hadley Falls National Bank, Holyoke, .
50 shares Ware National Bank, W are,
.
.
.
.

$1,600 00

2,100 00
5.000
500
550
1,500
12,500
400
5.000

00
00
00
00
00
00
00

Loan on Railroad Stock: —
On 2 shares Boston & Albany R .R ..........................................................


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Federal Reserve Bank of St. Louis

$300 00

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

249

Hampshire Savings Bank — Continued.

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

5
100
80
14
83
35
32
15
62
35
8
10
35
7
44
30
9
33
36
7
15
30
22
30
100
50
12
10
34
100
20
10
10
333
87
63
36
5
50
10
12
13
28

Par Value.

Greylock Nat’l Bank, Adams,
North Nat’l Bank, Boston,
Nat’l Bank of the Common­
wealth, Boston, .
Blaekstone N’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Nat’ l B'kof Commerce, Boston,
Tremont Nat’l Bank, Boston, .
Continental Nat’l B’k, Boston,
N’l B’k of the Republic, Boston,
N’l B’k of No. America, Boston,
Market Nat’l Bank. Boston,
Mt. Vernon N’l Bank, Boston,
Globe National Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Eliot National Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Massachusetts N’l B’k, Boston,
Suffolk National Bank, Boston,
National Revere Bank, Boston,
Shoe & Leather N’l B’k,Boston,
Third Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
National Eagle Bank, Boston,
Manufacturers’ N’l B’k, Boston,
First National Bank, Chicopee,
First N’l Bank, Easthampton,
City Nat’l Bank, Holyoke,
Home Nat’l Bank, Holyoke, .
Park Nat’l 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 County National
Bank, No. Adams,
Ware National Bank, Ware, .
Union Nat’l Bank, Weymouth,
Mechanics’ N’l B’k, Worcester,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$500
10,000

$750 00
12,300 00

$750 00
12,661 00

8,000
1,400
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
10,000
5,000
1,200
1,000
3,400
10,000
2,000
1,000
1,000

11,800
1,400
3,300
4,200
3,520
1,725
5,890
4,200
1,280
1,100
3,150
875
4,136
4,920
1,125
3,980
4.932
805
1,440
3,000
2,200
2,850
9,500
9,250
1,020
1,000
4,930
15,000
2.220
1,150
1,550

8,635
2,447
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
10,600
7,900
1,476
1,040
5,175
12,420
2,000
1,000
1,505

33,300
8,700

39,960 00
10,440 00

33,950 00
11,496 00

6,300
3,600
500

10,080 00
3,780 00
800 00

10,702 50
4,497 00
800 00

5,000

6,500 00

5,898 CO

1,000
1,200
1,300
2,800

1,100
1,380
1,430
2,940

1,050
1,624
1,592
3,749

$171,000

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
50
00
50
00
00
00
00
00
50
37
00
87
00
75
75
00
00
00
00
00
25
93
00
00
00
00
00
00
00
00

00
00
50
00

$208,908 00 $208,830 42

[Pub. D oc.

R E P O R T O F TH E

250

Hampshire Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Providence R R. 4s, .
Pitch burg R R. 4s, .
.
.
.
Fitchburg R.R, 5s, .

Estimated
Market Value.

$10,000
6,000
10,000
4,000

$10,150
6,240
9,850
4,200

$30,000

$30,440 00

Amount Invested.

00
00
00
00

$10,000
6,000
10,000
4,000

00
00
00
00

$30,000 00

Total Amount o f Loans, with Each Specified Bate o f Interest.

Rate.

Amount.

$43,691 43
68,000 00

3 per cent.
4
“

Amount.

$98,200 00

Rate.

Amount.

4J per cent.

$883,806 20

Rate.

5 per cent.

Number of loans which are of an amount not exceeding $3,000 each,

447
Aggregate amount of the s a m e , ............................................................................... $489,614 86
Total number of loans upon real estate,
.
.
.
.
. 471
Gross amount of interest or profits received or earned, as per books, during
60,336 94
year ending Oct. 31, 1894, ’ ........................................................................................
Times for the dividends fixed by the b y-la w s: M ay 15 and November 15.
Rate and amount of each semi-annual dividend f 2 per cent., $24,959 76
I
49,896 69
during the year ending Oct. 31, 1894, .
.
.1 2 per cent., 24,93$ 93
Number of accounts opened during the year ending Oct. 31, 1894,
. 543
Number of accounts closed during the year ending Oct. 31, 1894,
. 437
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,482
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

3,823 90

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 2,190
Amount of withdrawals, including dividends, during the year ending Oct.

239,968 84

31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 2,621
Date of examination by commissioner: April 10.

281,691 27


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Federal Reserve Bank of St. Louis

No. 8 .]

S A Y IN G S B A N K COM M ISSION ERS

251

Hampshire Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 31, 1894.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

1,477

$31,748 50

288

27,960 60

154

24,755 31

180

66,590 64

90

1

85,938 85
2,974 94

2,190

$239,968 84

not
not
not
less

Totals,


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Federal Reserve Bank of St. Louis

N um ­
ber.
To the credit —
O f women, both adult
and minor,
.
.
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Amount.

945
5

$96,071 87
1,775 00

48
19

6,945 33
8,610 74

[Pub. Doc,

R E P O R T O F TH E

252

H AVERH ILL SAVINGS B A N K — HAVERH ILL.
Incorporated Feb. 8, 1828.

Present number of corporators, 46.

E lbridge G. W ood, President.
R aymond Noyes, Treasurer.
R aymond N oyes, Clerk o f the Corporation.
Names of committee charged with the investment o f its funds:

E ben M itchell ,
E lbridge G. W ood,
D udley P orter.
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 .

Balance

Sheet

O ctober

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on railroad bonds, .
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, .
Deposits in banks, not on inter­
est, .................................................
Expense account,
Cash on hand,
.
.
.
.

31, 1894.

$692,700
493,850
74,870
671,000
55,400
2,700

00
00
00
00
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account,
Premium account, .

$4,937,635 64
223,000 00
3,853 28
25,454 85
19,961 44

33,023 25
1,408,650 00
1,576,760 00
33.000 00
290 00
145,949 09
20.000 00
53 18
1,659 69
$5,209,905 21

$5,209,905 21

Cash on Deposit in Banks, amount in each : —
National Bank of Redemption, Boston,
Amesbury National Bank, Amesbury,
Haverhill National Bank, Haverhill, .
First National Bank, H a v e r h i l l ,.......................................
Merrimack National Bank, Haverhill, .
.

$10,705
15,000
70,243
30,000
40,000

53
00
56
00
00

$2,500
2,500
10,000
5,000

00
00
00
00

Loans on Bank Stock, amount on each : —
On
On
On
On

25 shares Amesbury National Bank, Amesbury, .
25 shares Amesbury National Bank, Amesbury, .
100 shares Amesbury National Bank, Amesbury, .
50 shares Faneuil Hall National Bank, Boston,


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Federal Reserve Bank of St. Louis

No. 8 .]

253

SA Y IN G S B A N K COM M ISSIONERS

Haverhill Savings Bank — Continued.
On 7 shares Boston National Bank, B o s t o n , ................................................. ]
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On

5 shares Tremont National Bank, B o s t o n , ................................................. I
12 shares Haverhill National Bank, Haverhill................................................ j
10 shares Merrimack National Bank, H a v e r h i l l ,....................................... J
162 shares Cocheco National Bank, Dover, N . H ..........................................
100 shares Essex National Bank, H a v e r h ill,.................................................
15 shares Merrimack National Bank, H a v e r h i l l ,.......................................
22 shares Haverhill Safe Deposit and Trust Company, Haverhill,
50 shares Second National Bank, Haverhill.....................................................
30 shares Second National Bank, H a v e r h ill,.................................................
27 shares Second National Bank, H a v e r h ill,.................................................
10 shares Second National Bank, H a v e r h ill,.................................................
10 shares Arlington National Bank, Lawrence................................................ j
10 shares Merchants’ National Bank, L a w r e n c e ,.......................................)
25 shares Somerville National Bank, S o m e r v ille ,....................................... 1
6 shares Second National Bank, H a v e r h i l l , ....................................... • >
25 shares Beacon Trust Company, B o s t o n , ....................................... •J
100 shares Somerville National Bank, S om erville,....................................... >
10 shares Haverhill Safe Deposit and Trust Company, Haverhill,
.j

$2,825 00

11,000 00
10,000 00
525 00

2,000 00
5.000 00
3.000 00
2,700 00

1.000 00
1,820 00

5,000 00

10,000 00

Loan on Railroad Bonds, amount on each: —
On
On
On
On

$25,000 Boston & Albany R .R . 6 s , ....................................................................
$27,000 Boston & Maine R .R . 4s..........................................................................
$7,000 Boston & Maine R .R . 4 s , .....................................................................
$1,000 Old Colony R .R . 6 s , ..............................................................................

$25,000
25,000
4,800
600

00
00
00
00

Loan on Railroad Stock, amount on each : —
On 16 shares Boston & Albany R . R . , ....................................................................
On 2 shares Boston & Maine R R
. , ....................................................................
On 1 share Boston & Maine R .R .,
.
.................................................

$2,400 00

200 00
100 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, .
of Cleveland, Ohio, 5s,
of Danbury, Conn., 4s,
of Dayton. Ohio, 4 s,.
of Des Moines, Iowa, 4s, .
of Detroit, Mich., 4s,
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .
of Haverhill, Mass , 3-Js, .
of Haverhill, Mass., 4s, .


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Federal Reserve Bank of St. Louis

Estimated
Market Value.

$41,200
8,500
22,000
150,000
40,000
100,000
25,000
25,000
25,000
25,000
50,000
40,000
6,000
30,000
35,000

* Legal investments when made.

$41,406
8,840
22,000
151,625
42,200
101,500
28,125
25,000
25,000
24,500
54,000
43,200
6,410
30,000
35,175

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$41,200
8,500
22,000
150,000
40,000
100,000
25,000
25,000
25,000
25,000
50,000
40,000
6,000
30,000
35,000

00
00
00
00
00
00*
00
00*
00*
00
00
00
00
00
00

254

[Pub. Doc

R E P O R T O F TH E

Haverhill Savings Bank — Continued.
Detailed Statement o f Public Funds — Concluded.

Par Value.

City of
of
of
of
of

Haverhill, Mass., 5s, ,
Lynn, Mass., os, .
Lynn, Mass., 6s, .
New Bedford, Mass , 4s,
Pawtucket, R. I., 4s, .

$5,000
5,000
10,000
25,000
25,000
$692,700

Estimated
Market Value.

$5,050
5,475
10,200
25,125
25,000

00
00
00
00
00

$719,831 00

Amount Invested.

$5,000
5,000
10,000
25,000
25,000

00
00
00
00
00

$692,700 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

32
200
136
267
50
50
100
50
50
100
50
187
100
75
150
100
50
267
254
225
150
100
150
200
33
150
150
75
100
150
200
30

Tar Value.

Andover Nati Bank, Andover,
Atlas National Bank, Boston, .
Blackstone N’l Bank, Boston, .
Boston National Bank, Boston,
Central National Bank, Boston,
Columbian Nat’l Bank, Boston,
Continental Nat’l B’k, Boston,.
Eliot National Bank. Boston, .
Everett Nat’l Bank. Boston, .
Faneuil Hall Nati 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,
N’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
N’l B'k of the Republic, Boston,
National Citv Bank, Boston, .
National Eagle Bank, Boston,
Nat'l Exchange Bank, Boston,
N‘lHide& Leather B’k, Boston,
Nat’l Webster Bank, Boston, .
North National Bank, Boston,
Shawmut Nat’l Bank, Boston,
Shoe & Leather N’l B’k. Boston,
State National Bank, Boston, .
Suffolk Nati Bank, Boston,
Third National Bank, Boston,
First National Bank, Chelsea,.


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Federal Reserve Bank of St. Louis

$3,200
20,000
13,600
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
26,700
25,400
22,500
15,000
10,000
15,000
20,000
3,300
15,000
15,000
7,500
10,000
15,000
20,000
3,000

Estimated
Market Value.

$3,200
23,400
13,600
27,768
6,350
5,175
11,500
6,550
4,162
13,075
11,750
22,159
8,800
8,287
14,512
10,000
7,887
30,705
31,H5
35,775
12,300
8,000
19,012
21,500
3,300
17,400
17,287
6,750
11,600
15,000
17,950
3,120

00
00
00
00
00
00
00
00
50
00
00
50
00
50
50
00
50
00
00
00
00
00
50
00
00
00
50
00
00
00
00
00

Amount Invested.

$3,200
20,000
13,600
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
26,700
25.400
22,500
15,000
10,000
15,000
20,000
3,300
15,000
15,000
7,500
10,000
15,000
20,000
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
00
00
00
00
00

No. 8 .]

255

SA Y IN G S B A N K CO M M ISSION ERS

Haverhill Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

145
375
300
50
100

Par Value.

First Nat’l Bank, Haverhill, .
Haverhill N’l Bank, Haverhill,
Merrimack N’l Bank, Haverhill,
Bay State N’l Bank, Lawrence,
First National Bank, Malden,

$14,500
37,500
30,000
3,750
10,000
$493,850

Estimated

Amount Invested.

Market Value.

$19,575
56,250
48,000
6,000
15,500

00
00
00
00
00

$14,500
37,500
30,000
3,750
10,000

00
00
00
00
00

$594,317 50 $493,850 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4|s,
Boston & Providence R.R. 4s, .
Concord & Montreal R.R. 4s, .
Dexter & Piscataquis R.R. 4s,.
Fitchburg R.R. 4s, .
Fitchburg R.R. 4ts, .
.
.
.
Leeds & Farmington R.R. 6s, .
Maine Central R.R. 4^s, .
Maine Central R.R. 7s, .
Old Colony R.R. 4 s,.
Old Colony R.R. 6s,.
Worcester, Nashua & Rochester
R.R. 4 s , ..................................

Estimated

Amount Invested.

Market Value.

$39,000
133,000
141,000
75,000
15,000
50,000
50,000
38,000
50,000
10,000
25,000
15,000

$39,000
133,000
141,000
75,000
15,000
50,000
50,000
38,000
50,000
10,000
25,000
15,000

$39,390 00
146,965 00
148,050 00
76,125 00
15,000.00
49,000 00
50,000 00
39,140 00
52,500 00
10,900 00
26,250 00
15,625 00

30,000

30,300 00

00
00
00
00
00
00
00
00
00
00
00
00

30,000 00

$671,000 $699,245 00 $671,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Eate.

Amount.

$10,705
120,243
30,000
780,400

53
56
00
00

2 per cent.
3
3|
“
4
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$25,000
408,800
377,300
50,000

Kate.

00
00
00
00

4| per cent.
44
«
44
“
4|
«

Kate.

Amount.

$1,255,870
5,000
26,550
207,750

00
00
00
00

5 per cent.
54
“
54
“
6
“

256-

R E P O E T O F TH E

Haverhill Savings Bank

[Pub. D oc.

— Concluded.

Amount invested in real estate for banking purposes...........................................
Estimated value of the s a m e , ..............................................................................
Assessed value o f the s a m e , ........................................................................................

$33,023 25
33,023 25
21,250 00

Number of loans which are o f an amount not exceeding $3,000 each, . 531
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 605

724,770 00

Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................

243,538 56

Times for the dividends fixed by the b y-la w s: third Wednesday in April
and October.
Rate and amount o f each semi-annual dividend f 2 per cent., $93,496 36 1
187,778 55
during the year ending Oct. 31, 1894,
.
.1 2 per cent.,
94,282 19 )
Number of accounts opened during the year ending Oct. 31, 1894,
1,681
Number of accounts closed during the year ending Oct. 31, 1894,
1,490
Total number of open accounts Oct. 31, 1894,
.
.
.
.
13,948
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
7,601 65
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
639,246 00
Number of s a m e , ........................................................................................ 9,554
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
762,778 71
Number o f same...............................................................................................10,586
Date of examination by commissioner: October 30.

Classification o f Deposits received during the Year ending Oct. 31, 1894.

Of $50 and less,
Exceeding $50 and not
more than $100, .
Exceeding $100 and not
more than $200, .
Exceeding $200 and not
more than $500, .
Exceeding $500 and less
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num­
ber.

Amount.

7,267

$147,102 00

1,168

96,685 00

475

74,524 00

457

160,962 00

120
67

84,879 00
75,094 00

9,554

$639,246 00

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

Num.
her.

Amount.

5,138
39

$338,090 00
5,241 00

122
57

25,127 00
10,651 00

257

SA V IN G S B A N K COM M ISSION ERS

N o. 8 .]

H A Y D E N V IL L E SA 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 ,

Present number of corporators, 61.

President.

W i l b u r M . P u r r in g t o n , Treasurer.

H e n r y C. S m i t h , Clerk o f the Corporation.

Names of committee charged with the investment of its fund s:
B y r o n L o o m is ,

G eorge M a r k s ,

F . S. W a r n e r ,

W il s o n D e w e y ,
H enry L. G raves.

Open for business every business day, 10

B alance

Sh eet

a .m .

O ctober

m

.

; 2 to 4

p .m

.

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
llailroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposit in bank, not on interest, .
Expense account,
Cash on hand,
.
.
.
.

to 12

$8,485
70,047
5,060
700
196,182
47,023

00
29
00
00
21
07

6,125
400
5,087
23
423
307

00
00
88
86
88
64

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$325,545 76
11,500 00
1,892 03
928 04

$339,865 83

$339,865 83

Cash on Deposit in Banks, amount in each: —
$2,075 80
23 86
3,012 08

Hampshire County National Bank, Northampton,
Home National Bank, H o l y o k e ,..............................
Park National Bank, Holyoke,
.
.
.
.

Detailed statement o f Public Funds.

Par Value.

City of Sioux City, Iowa, 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$8,200

Estimated
Market Value.

$8,600 00

Amount Invested.

$8,485 00

258

R E P O R T O F TH E

[Pub. D oc.

Haydenville Savings Bank — Continued.
Detailed Statement o f Bank Stocks.
No. o f
Shares.

*
Tar Value.

50
46
50

First Nat’l Bank, Amherst,
Conway Nat’l Bank, Conway,
Danbui-y N’l Bank, Danbury,
C o n n .,..................................
43 First N‘l Bank, Eastbampton,
50 City National Bank, Holyoke,
60 Home Nat’l Bank, Holyoke, .
70 First N’l Bank, Northampton,
50 Hampshire County National
Bank, Northampton, .
18 Northampton National Bank,
Northampton,
22 Southington National Bank,
Southington, Conn.,
10 Chicopee N’l B’k, Springfield,
10 First Nat’l Bank, Springfield,
48 John Hancock National Bank,
Springfield, .
.
.
.
25 Park Nat’l Bank, Holyoke,

$5,000
4,600

Estimated
Market Value.

$7,650 00
5,428 00

Amount Invested.

$7,520 00
5,399 13

5,000
4,300
5,000
6,000
7,000

6,250
6,020
5,750
7,080
8,050

5,000

6,000 00

6,041 66

1,800

2,880 00

3,070 00

2,200
1,000
1,000

2,530 00
1,800 00
1,450 00

2,331 00
1,700 00
1,450 00

4,800
2,500

5,520 00
3,875 00

6,000 00
3,750 00

$55,200

$70,283 00

$70,047 29

00
00
00
00
00

6,600
5,290
5,625
6,165
9,105

00
00
00
00
50

Detailed Statement o f Railroad Bonds.

Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .

.

.

.

Estimated
Market Value.

Amount Invested.

to15
©
o ©
o
o o

Par Value.

$2,000 00
3,165 00

$1,915 00
3,145 00

$5,000

$5,165 00

$5,060 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$2,075 80
3,012 08

Rate.

3 per cent.
4
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$2,000 00
25,111 48

Rate.

4£ per cent.
5

Amount.

$75,315 21
147,303 59

Rate.

5£ per cent.
6

No. 8 .]

259

SA Y IN G S B A N K CO M M ISSION ERS

Haydenville Savings Bank —

Concluded.

Value, by books, o f real estate beld or owned by foreclosure or otherwise,

$700 00

Assessed value of the s a m e ,........................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 381

1,000 00

Aggregate amount of the same.....................................................................................
Total number o f 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, 1894,
..............................................................................
Times for the dividends fixed by the b y-law s: second Tuesday in January

217,430 28

and July.
Rate and amount of each semi-annual dividend | 2 per cent.,
during the year ending Oct. 31, 1894, .
.
. (2 p ercen t.,

$6,160 07 )
6,253 08 I

3,660 36
17,341 22

12,413 15

Number o f accounts opened during the year ending Oct. 31, 1894,
. 226
Number of accounts closed during the year ending Oct. 31, 1894,
. 207
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,049
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
.................................................................................................
Amount of deposits, not including dividends, received during the year

1,712 70

ending Oct. 31, 1 8 9 4 , .................................................................................................
Number of s a m e , ................................................................................................. 889
Amount of withdrawals, including dividends, during the year ending Oct.

86,711 41

31, 1891..............................................................................................................................
Number bf s a m e , ........................................................................................ ........... 872
Date of examination by commissioner: March 5.

91,221 08

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Ö06

$11,212 60

133

10,747 23

59

8,833 27

49

18,188 32

19
23

14,291 89
23,438 10

889

$86,711 41

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

263
10

$27,791 17
402 48

4
8

1,629 93
2,087 67

260

R E P O R T O F TH E

[Pub. D oc.

H IN G H A M IN S T IT U T IO N FOR S A V IN G S — H IN G U AM .

Incorporated April 2, 1834.

Present number o f corporators, 55.

E nos L o r in g , President.

H e n r y C. H a r d i n g , Treasurer.

H e n r y C. H a r d i n g , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds:
E nos L o r i n g ,

E d m u n d H e r s e y , 2d,

E l ij a h S h u t e ,

F r a n c is H . L in c o l n .

Open for business every business day, 8

B alance

Sh ee t

a .m

O ctober

.

to 12

m

.

; 1.30 to 4

r .m

.

31, 1894.

A ssets.

L ia b il it ie s .

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
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Deposits in banks, noton interest,
Expense account,
Lawrence Duck Company stock,*
Boston & Provincetown Steam­
ship Company stock,*
Cash on hand,
.
.
.
.

$75,000
1,000
148,260
16,000
74,625

00
00
00
00
00

3,000
3,090
1,241,503
550,200

00
00
00
00

68,400
350
69.862
13,360
2,841
22,000

00
00
87
08
77
00

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .
Suspense account, .

$2,150,778 21
87,400 00
51,061 44
1,958 16

, 300 00
1,405 09
$2,291,197 81

$2,291,197 81

Cash on Deposit in Banks, amount in each: —
Shoe and Leather National Bank, Boston,
National Webster Bank, Boston, .
Hingham National Bank, Hingham,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

* Taken to secure indebtedness.

$69,862 87
6,281 91
7,078 17

No. 8 .]

261

SA V IN G S B A N K COM M ISSIONERS

H i n g h a m I n s t i t u t i o n f o r S a v in g s

— Continued.

Loan on Public F unds: —
On $1,000 United States 4s,

.

.

.................................................................... $1,000 00

Loan on Bank Stock : —
On 200 shares Broadway National Bank, Boston,................................................. $16,000 00

Detailed Statement o f Public Funds.
Estimated
Market Value.

Amount Invested.

$50,000
25,000

$51,000 00
26,000 00

$50,000 00
25,000 00

$75,000

$77,000 00

$75,000 00

Par Value.

City of Boston, Mass., 4s,
of Des Moines, Iowa, 4|s,

Detailed Statement o f Dank Stocks.
V
-y
O
a)

Estimated
Market Value.

cCi
7
38
75
54
82
10U
50
46
42
36
20
75
20
80
75
112
100
26
36
100
50
40
20
30
178
16
28

Abington N’l Bank, 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 Nat’l 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 National Bank, Boston,
Tremont Nat’l Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .
Brockton N’l Bank, Brockton,
First National Bank, Chelsea,
Hingham Nat’l B’k, Hingham,
Old Colony N’l B’k, Plymouth,
Nat’l Union B'k, Weymouth, .


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
4,000
2,000
3,000
12,460
1,600
2,800
$148,260

$840
4,664
8,775
4,428
9,430
8,000
11,750
4,048
4,641
3,060
1,900
11,831
3,120
9,200
11,925
10,640
9,000
3,016
3,600
8,800
6,712
4,000
2,300
3,120
12,816
2,400
2,856

00
50
00
00
00
00
00
00
00
00
00
25
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00

Amo uni I nvested.

$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
4,000
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

$166,873 25 $148,260 00

262

R E P O R T O F TH E

[Pub. D oc.

H i n g h a m I n s t i t u t i o n f o r S a v i n g s — Continued.

Detailed Statement o f Railroad Bonds.
Par Value.

Eastern R.R. 6s,
. . .
Fitchburg R.R. 5s..............................
Old Colony R.R. 6s, .
.
.
.
Upper Coos R.R. 4^s,
Maine Central R.R. 4s,
Boston & Lowell R.R. 4s,

$6,000
30,000
2,000
15,000
10,000
10,000
$73,000

Estimated
Market Value.

$7,320
31,500
2,060
15,900
10,000
10,175

Amount Invested.

00
00
00
00
00
00

$76,955 00

$6,000
30,550
2,000
15,750
10,075
10,250

00
00
00
00
00
00

$74,625 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$3,000
69,862
76,000
366,700

00
87
00
00

Rate.

Amount.

Rate.

0 per cent.
2
“
3|
“
4
“

$106,000 00
256,950 00
897,155 00

41 per cent.
4è
“
5
“

Amount.

$64,900 00
93,643 00
13,105 00

Rate.

5£ per cent.
6
«
7
ii

Amount invested in real estate for banking purposes,....................................... $3,000 00
Estimated value of the s a m e , ..............................................................................
3,000
2,500
Assessed value of the s a m e , ........................................................................................
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,.........................................................................................................
3,090
Assessed value of the s a m e , ............................................................................
4,020
Net income received from same during year ending Oct. 31, 1894,
.
.
Number of loans which are of an amount not exceeding $3,000 each,
311
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 447
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, 1894.....................................................................................
Times for the dividends fixed by the b y-la w s: first Tuesday in January
and July.
Rate and amount of each semi-annual dividend | 2 per cent., $41,821 71 7
during the year ending Oct. 31, 1894, .
.
. 1 2 per cent., 41,879 09 )
Number of accounts opened during the year ending Oct. 31,1894,
. 358
Number of accounts closed during theyear ending Oct. 31, 1894, .
. 342
Total number of open accounts Oct. 31, 1894,
.
.
.
.
4,527
Total expenses of the corporation for the year ending Oct. 31, 1894, ex­
clusive of t a x e s , ............................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
00

00
95 90

347,918 00
4,200 00
112,238 07

33700

80

’

4,150 42

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

263

H i n g h a m I n s t i t u t i o n f o r S a v in g s — C oncluded.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894....................................................................................................... $175,454 05
Number of s a m e , ........................................................................................ 1,824
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894,
.
.....................................................................
239,748 99
Number o f s a m e , ........................................................................................ 2,310
Date of examination by commissioner: October 12.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .

1,183

$24,198 91

294

24,806 25

150

23,898 99

129

46,505 14

45
23

32,934 82
23,109 94

1,824

$175,454 05

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,
Of guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

941
31

$92,816 43
1,295 30

25
304

3,755 04
33,074 25

264

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.

Present number of corporators, 57.

D a n ie l C. M o w e y , President.
O r r i n T h o m so n , Treasurer.
O r r in T h o m s o n , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
G eo A . B a r t l e t t ,
U r ie l Cu t l e r ,
C h a s . F. T h a y e r ,

J o se p h H . D e w i n g .
H ir a m L a k e ,
Ja m e s H . L e l a n d .

Open for business every business day, except Saturday, 9 A.M.to
Saturday, 9 a . m . to 12 m .

B alance

Sheet

O ctober

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock,.
Railroad bonds as per schedule,
Real estate 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, .
Deposits in banks, not on interest,
Cash on hand,
.
.
.
.

12 m . ; 1.30 to 3.30 p .m . ;

31, 1894.

L ia b il it ie s .

$4,000
26,662
5,852
20,700
4,670
242,615
56,916

00
50
00
00
00
00
00

32,000
17.864
2.000
506

00
34
00
76

$413,786 60

Deposits, .
Guaranty fund,
Interest account,

$377,555 17
19,200 00
17,031 43

$413,786 60

Cash on Deposit in Banks, amount in each : —
National Bank of the Commonwealth, Boston,
Holliston National Bank, Holliston,

$5,023 06
14,841 28

Loans on Bank Stock, amount on each : —
On 35 shares Central National Bank, Boston,
On 54 shares Holliston National Bank, Holliston,

\


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,142 00
3,710 00

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

265

Holliston Savings B ank— Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Milwaukee,

W i s .,

5s, .

$4,000

Estimated
Market Value.

$4,430 00

Amount Invested.

$4,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.
Estimated
Market Value.

Amount Invested.

:

Par Value.

1
/
/
1
i

/

State Nat’l Bank, Boston,
National Bank of the Common­
wealth, Boston,
5 Blackstone Nat’l B’k, Boston, .
25 Shoe & Leather N’l B’k, Boston,
30 Home Nat’l Bank, Brockton, .
30 Franklin Nat’l Bank, Franklin,
60 Holliston N’l Bank, Holliston,
15 People’s N’l B'k, Marlborough,
20 Blue Hill Nat'l Bank, Milton,.
24 Framingham National Bank,
South Framingham,
24
34

$2,400

$2,784 00

$2,400 00

3.400
500
2.500
3.000
3.000
6.000
1.500
2,000

4,420
500
2.250
5.250
3.300
6.300
1,680
2,220

2.400

3,000 00

2.400 00

$26,700

$31,704 00

$26,662 50

00
00
00
00
00
00
00
00

3.400
500
2,462
3.000
3.000
6.000
1,500
2,000

00
00
50
00
00
00
00
00

Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 5s, .
Old Colony R.R 6s, .
Salem & Lowell R.R. 6s, .
Boston & Albany R.R. 4s,

$8,000
2,000
5,700
5,000
$20,700

Estimated
Market Value.

$8,060
2,100
6,098
5,250

00
00
00
00

$21,508 00

Amount Invested.

$8,000
2,000
5,700
5,000

00
00
00
00

$20,700 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$17,864 34
9,000 00
31,000 00

Rate.

lé
3é
4

per cent.
“
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$1,900 00
33,010 00

Rate.

4é

5

per cent.
“

Amount.

$33,000 00
229,473 00

Rate.

5é
6

per cent.
“

R E P O R T O F TH E

266
V

Holliston Savings Bank

[Pub. D oc.

— C oncluded.

Y alue, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e ,........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, 310

$4,670 00
6,300 00
161 88

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 288
Gross amount of interest or profits received or earned, as per books, during

216,421 00

year ending Oct. 31, 1 8 9 4 ,........................................................................................
Times for the dividends fixed by the by-laws : first Tuesday in June and

22,646 26

December.
Rate and amount of each semi-annual dividend | 2 per cent., $7,313 69 1
during the year ending Oct. 31, 1894,
.
. 1 2 percent., 7,078 99 i
Number of accounts opened during the year ending Oct.31,1894,
. 165
Number of accounts closed during the year ending Oct. 31, 1894,
. 136
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,234

14,392 68

Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

1,849 36

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .............................................................................................799
Amount of withdrawals, including dividends, during the year ending

69,909 06

Oct. 31, 1894.....................................................................................................................
Number of s a m e , .................................................................................1,009
Date of examination by commissioner: May 8.

80,849 04

Classification o f Deposits received during the Year ending Oct. 3 1 , 1 894.
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

572

$10,544 41

100

8,207 63

36

5,680 18

59

20,696 68

21
11

13,676 10
11,104 06

799

$69,909 06

not
not
not
less

To the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and chari­
table associations, .
In trust................................

Amount.

413
4

$34,312 81
2,036 50

32
55

1,991 85
5,044 40


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

[Pub. Doc

R E P O R T OF TH E

268

Holyoke Savings Bank — Continued.
Loan on Public Funds : —
On $600 United States 4 s , .........................................................................................$600 00

Loans on Bank Stock, amount on each : —
On 32 shares Holyoke National Bank, H o ly o k e ,................................................. l
On 15 shares Springfield Safe Deposit and Trust Company, Springfield,
. iOn
On
On
On
On

5 shares Home National Bank, H o l y o k e , ................................................. 1
20 shares Holyoke National Bank, H o ly o k e ,.......................................................
27 shares Holyoke National Bank, H o ly o k e ,.......................................................
40 shares Holyoke National Bank, Holyoke...........................................................
10 shares City National Bank, H o lyo k e,.................................................................

On
On
On
On

3 shares Hadley Falls National Bank, H o l y o k e , ....................................... ;
10 shares Home National Bank, H o l y o k e , ................................................. j
4 shares Third National Bank, S p r i n g f i e l d ,.................................................
26 shares Palmer National Bank, P a l m e r , .................................................

$5,100 00
2,00000
2,50000
2,20000
1,00000
i 200 00
’
400 00
2,600 00

Detailed ¡Statement o f Public Funds.
Par Value.

City of Boston, Mass., 4s,
of Boston, Mass , 6s,
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s,
of Dayton, Ohio, os, .
of Davton, Ohio, 6 s,.
of Detroit, Mich., 7s,
of Fall River, Mass., 6s, .
of Orand Rapids, Mich., 5s,
of Grand Rapids, Mich., 8s,
of Holyoke, Mass , 4s,
of Holyoke, Mass., 6s,
of Lewiston, Me., 5s,
of Milwaukee, Wis., 7s, .
of Milwaukee, Wis., 5s, .
of Pawtucket, R. I., 7s,
of Springfield, Ohio, 5s, .
of Akron, Ohio, 5s, .
of Bangor, Me.. 7s, .
of Bay City, Mich., 5s,
of Fort Wayne, Ind , 4£s,
Town of Hinsdale, N. H., 5s, .
City of Oshkosh, Wis., 4^s,
of Rockford, 111., 4^s,.
of Saginaw, Mich., 5s,
of Saginaw, Mich., 4Js, .
of Youngstown, Ohio, 5s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$25,000
4,000
1,000
48,150
13,000
2,000
13,000
9,000
3,000
32,000
10,000
2,000
8,000
3,500
20,000
18,500
25,000
17,000
30,000
7,000
20,000
6,000
500
10,000
14,000
10,000
12,000
10,000

Estimated
Market Value.

$26,000
4,800
1,000
49,890
13,320
2,038
13,720
10,000
3,300
32,630
10,200
2,040
8,800
3,850
20,800
20,350
25,500
18,700
30,780
7,700
20,900
6,600
510
10,200
14,700
10,500
12,960
10,500

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

Amount Invested.

$25,000
4,000
1,000
48,150
13,000
2,000
13,000
9,000
3,000
32,000
10,000
2,000
8,000
3,500
20,000
18,500
25,000
17,000
30,000
7,000
20,000
6,000
500
10,000
14,000
10,000
12,000
10,000

00
00
00
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$373,650 $392,288 00 $373,650 00
* Legal investments when made.

No. 8 .]

269

SA Y IN G S B A N K COM M ISSION ERS

Holyoke Savings B a n k — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

20
22
50
20
20
37
48
5
2
38
42
1
380
220
8
60
17
25
5
100
20
151
38
11
50
97
15
178
50
205
87
97
26
4
50
25

Par Value.

Greylock Nat'l Bank, Adams,.
First National Bank, Adams, .
First Nat’l Bank, Amherst,
Miller’s River N’l Bank, Athol,
First Nat’l Bank, Chicopee, .
Rollstone N’l B’k, Fitchburg,.
Franklin Co N’l B’k,Greenfield,
First Nat’l Bank, Greenfield, .
First Nat’l Bank, Haverhill, .
Conwav Nat’l Bank, Conway,.
First N’l Bank, Easthampton,
Merrimack N’l Bank,Haverhill,
Holvoke N’l Bank, Holvoke, .
Hadley Falls N'l B’k, Holyoke,
City National Bank, Holyoke,
Home Nat’l Bank, Holyoke, .
Railroad Nat’l Bank, Lowell, .
Monsnn Nat’l Bank, Monson, .
First N’l Bank, Newburyport,
Northampton National Bank,
Northampton,
Hampshire Co. National Bank,
Northampton,
First N’l Bank, Northampton,
Palmer Nat’l Bank, Palmer, .
Pittsfield N’ l Bank, Pittsfield,.
Agawam N’l Bank, Springfield,
Chicopee N’l B’k, Springfield,
City Nat’l Bank. Springfield, .
First Nat’l Bank, Springfield,
Second N’l Bank, Springfield,
Third Nat'l Bank, Springfield,
John Hancock National Bank,
Springfield, .
.
.
.
Townsend N’l B’k, Townsend,
Ware National Bank, Ware, .
First Nat’ l Bank, Westfield, .
First Nat’ l Bank, Worcester, .
Springfield N’l B’k, Springfield,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

f 2,000
2,200
5,000
2,000
2,000
3,700
4,800
500
200
3,800
4,200
100
38,000
22,000
800
6,000
1,700
2,500
500

$3,000
3,000
7,500
3,800
3,000
5,550
4,800
1,000
300
4,750
5,000
150
57,000
33,000
880
6,900
2,000
3,750
500

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
20,500

2,400
18,500
4,700
1,650
5,000
12,800
1,875
22,250
8,000
41,000

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
31,500

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

$222,400

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$318,920 00

$2,000
2,200
5,000
2,000
2,000
3,700
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
00
00
00
00
00
00

$261,200 00

270

[Pub. D oc

R E P O R T O F TH E

Holyoke Savings B a n k — Continued.
Detailed Statement o f Railroad Bonds.
Estimated
Market 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, Winthrop & Shore R.R. 5s,
Boston, Revere Beach & Lynn R.R. 6s,
Cheshire R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R R. 5s, .
Lowell & Lawrence R.R. 6s, .
Leeds & Farmington R.R. 6s, .
Holyoke & Westfield R.R. 4s, .
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,
Portland & Kennebec R.R. 6s,
Portland & Ogdensburg R R. 6s,
Vermont & Massachusetts R.R. 5 s,.

$21,000
19,000
16,000
33,000
22,<00
25,000
35,000
27,000
15,000
25,000
8,000
10,800
50,000
6,000
18,500
1,000
5,000
16,000
82,000
38,600
27,000
6,000

$21,210
19,190
16,700
34,000
22,880
27,000
37,000
29,000
15,000
26,180
8,350
11,200
50,000
6,600
22,800
1,040
5,750
16,900
85,780
39,000
29,500
6,400

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$506,900 $531,480 00

$21,000
19,000
16,000
33,000
22,000
25,000
35,000
27,000
15,000
25,000
8,000
10,800
50,000
6,000
18,500
1,000
5,000
16,000
82,000
38,600
27,000
6,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$506,900 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$22,495 33
62,239 38

2

4

per cent.
“

Amount.

Rate.

Amount.

Rate.

$50,000 00
1,341,230 00

4^ per cent.
5
“

$128,096 00
132,190 00

5è per cent.

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, 1894,
.
.
Number of loans which are o f an amount not exceeding $3,000 each,
309
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real estate............................................................ 345
Gross amount of interest or profits received or earned, as per books, during
year ending Oct 31, 1 8 9 4 , ........................................................................................
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

6

$9,398 35
6,730 00
122 00
376,066 00

152,635 42

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS.

27 1

Holyoke Savings Bank — Concluded.
Rate and amount of each semi-annual dividend f 2 per cent., $51,576 83 1 $102,812 73
during the year ending Oct. 31, 1894, .
.
( 2 per cent., 51,235 90 ]
Number of accounts opened during the year ending Oct. 31,1894,
1,595
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31, 1894,
.
.
.
.

1,603
7,685

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ),.......................................................................................................................8,414 96
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................
612,460 00
Number of s a m e , ................................................................................................ 11,321
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

656,789 50

Number of s a m e , ..................................................................................................9,485
Date of examination by commissioner: April 12.

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,

.

Num­
ber.

Amount.

9,109

$175,446 00

1,214

97,064 00

481

73,830 00

349

119,867 00

105
63

75,941 00
70,312 00

11,321

$612,460 00

not
not
not
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num
her.
To the credit —
Of women, both adult
and minor,
Of guardians,
O f religious and chari­
table associations, .
In trust................................

Amount.

5,441
15

$288,258 00
6,666 00

173
31

20,158 00
7,002 00

272

R E P O R T OF TH E

[Pub. Doc

HOME SAVINGS BANK — BOSTON.
Incorporated March 17, 1869.

Present number of corporators, 49.

C h a r l e s H . A l l e n , President.

C h a r l e s J. H a y d e n , Treasurer.

C h a r l e s J. H a y d e n , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
Charles H. A llen,

T homas F. T em p le ,

Jo h n W . L e ig h t o n ,

N ew ton T albot,

A l b e r t T . W h it in g ,

H e n r y C . Ja c k s o n .

Open for business every business day, 9 a m . to 2
till 8 P.M.

p .m .

; and Saturday, for deposits,

B alance Sheet October 31, 1894.

A ssets.

L ia b il it ie s .

Public funds as per schedule,
.
Loans on public funds,
Bank stock as per schedule,
Loans on bank sto c k ,.
Railroad bonds as per schedule,
Loans 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, .
Expense account,
Suspense account,
Cash on hand,
.
.
.
.

$220,448
7,500
397,200
25,100
192,300

20
00
00
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$5,059,488 00
239,000 00
42,184 79
65,034 55

1 0 ,0 0 0 00

2,591,631 66
1,639,124 13
8 ,0 0 0 00

305,129
1,288
161
7,823

93
48
82
12

$5,405,707 34

$5,405,707 34

Cash on Deposit in Banks, amount in each : —
Central National Bank, Boston,
Boylston National Bank, Boston, .
National Bank of North America, Boston,

.
.

.

$120,630 00
84,499 93
100,000 00

Loan on Public Funds : —
On $7,000 United States 4s, reg ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

* This loan has been reduced within the legal limit.

$7,500 00*

No. 8 .]

273

SA Y IN G S B A N K COM M ISSION ERS

Home Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On
On
On
On
On
On
On

81
20
32
15
15
50
25

shares
shares
shares
shares
shares
shares
shares

Central National Bank, B o s t o n , ..........................................................$8,100
Central National Bank, B o s t o n , .................................................
2,000
3,200
Boylston National Bank, B o s t o n , .................................................
National Market Bank, Brighton.......................................................
300
Security National Bank, B o s t o n , .................................................
1,500
Fitchburg National Bank, F i t c h b u r g , .......................................
5,000
Fitchburg National Bank, F i t c h b u r g , ........................................ i

On 25 shares Miller’s River National Bank, A t h o l , ....................................... J

00
00
00
00
00
00

’

Loan on Railroad Stock: —
On 100 shares Boston & Albany R . R . , .....................................................................$10,000 00

Detailed Statement o f Public Funds.

|

City of Akron, Ohio, 5s, . .
of Bay City, Mich., 8 s ,.
of Canton, Ohio, .5s,. .
of Cleveland, Ohio, 5s, .
of Cleveland, Ohio, 6s,
of Cambridge, Mass., 6s,
of Chicago, 111., 7s,
of Dayton, Ohio, 5s,
of Dayton, Ohio, 6s,
of Dubuque, Iowa, 6s, .
of Detroit, Mich., 4s,
of Indianapolis, Ind., 7.30s,
of Lowell, Mass., 4^s, .
of Northampton, Mass., 4s,
of Springfield, Mass., 7s,
of Springfield, Ohio, 5s, .
of Springfield, Ohio, 6s, .
Town of Hyde Park, Mass , 4s,

Par Value.

$21,000
5,500
17,000
37,000
2,000
1,000
6,000
25,000
15,000
5,000
23,448
4,000
15,500
25,000
2,000
4,000
10,000
2,000

.
.
.
.
.

00
00
00
00
00
00
00
00
00
00
20
00
00
00
00
00
00
00

Estimated
Market Value.

$21,630
7,390
17,335
37,740
2,070
1,010
6,120
25,500
15,150
5,100
23,448
4,080
15,577
25,500
2,265
4,075
10,630
2,010

00
00
00
00
00
00
00
00
00
00
20
00
50
00
00
00
00
00

Amount Invested.

$21,000
5,500
17,000
37,000
2,000
1,000
6,000
25,000
15,000
5,000
23.448
4,000
15,500
25,000
2,000
4,000
10,000
2,000

00
00
00*
00
00
00
00*
00*
00*
00
20
00
00
00
00
00
00
00

$220,448 20 $226,630 70 $220,448 20
* Legal investments when made.

No. of
Shares.

Detailed Statement o f Bank Stocks.

50
200
66
50
75
23
100
70

Par Value.

Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Blackstone N’l Bank, Boston,
Boston Nat’l Bank, Boston,
Columbian N’l Bank, Boston,.
Continental N’l Bank, Boston,
Eliot National Bank, Boston, .
Everett Nat’l Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
20,000
■ 6,600
5,000
7,500
2,300
10,000
7,000

Estimated
Market Value.

$6,137
23,400
6,600
5,200
7,762
2,645
13,100
5,827

50
00
00
00
50
00
00
50

Amount Invested.

$5,000
2n,000
6,600
5,000
7,500
2,300
10,000
7,000

00
00
00
00
00
00
00
00

274

R E P O R T O F TH E

[Pub. D oc

Home Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded

125
100
160
100
150
50
150
75
50
200
200
200
50
150
200
150
400
200
100
100
70
200
125
33

Par Value.

First National Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
N’ l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Nat’l Market Bank, Brighton,
Market National 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’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
National Revere Bank, Boston,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Shoe & Leather N’l B’k, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
’Fremont Nat’l Bank, Boston, .
National Union Bank, Boston,
Nat’l Webster Bank, Boston, .

f 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
3,300
$397,200

Estimated
Market Value.

$29,375
9,000
17,680
10,750
14,512
4,462
12,750
9,000
4,750
31,550
31,650
23,200
5,750
18,375
31,800
14,250
72,000
23,250
9,000
11,600
7,000
17,600
16,781
3,300

00
00
00
00
50
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
25
00

Amount Invested.

$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
3,300

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$500,058 75 $397,200 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Albany R.R. 6s,
Boston & Lowell R R. 6s,
Boston & Lowell R.R. 7s,
Cheshire R.R 6s,
Dexter & Piscataquis R.R. 4 s,.
Fall River R.R. 5s, .
.
.
.
Fitchburg R.R. 4s, .
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Leeds & Farmington R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Old Colony R R. 4 s,.
Old Colony R.R. 6s,.
Portland & Ogdensburg R.R. 6s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$3,000
1,000
19,000
26,500
10,000
1,000
38,000
58,000
3,000
13,800
2,000
15,000
1,000
1,000
$192,300

Estimated
Market Value.

$3,045
1,030
19,190
27,295
10,000
1,005
37,390
60,940
3,150
14,214
2,120
15,825
1,035
1,100

00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$3,000
1,000
19,000
26,500
10,000
1,000
38,000
58,000
3,000
13,800
2,000
15,000
1,000
1,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$197,339 00 $192,300 00

No. 8 .]

275

SA Y IN G S B A N K COM M ISSION ERS.

Home Savings Bank — Concluded.
Total Amount o f Loans, with Each Specified Rate o f Interest.

$305,129 93
50.000 00
872,000 00
2 0 .0 0 0 00

370,000 00

2

3
4
4|
ii

Rate.

Amount.

Rate.

Amount.

$16,000
1,163,100
305,749
1,175,306

per cent.
“
“
“
“

00

00
13
66

4§ per cent.
4§
5

Rate.

Amount.

$44,700 00
160,300 00

“
“

5 i per cent.

5à

1 0 ,0 0 0 00

5|

94,200 00

6

Number of loans which are o f an amount not exceeding $3,000 each,

“
“

230

Aggregate amount of the s a m e , .......................................
Total number of loans upon real e s t a t e , ................................................. 417
Gross amount of interest or profits received or earned, as per books, dur-

$376,925 00

ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Times for the dividends fixed by the by-law s: second Wednesday in

257,745 20

April and October.
Rate and amount of each semi-annual dividend f 2 per cent., $88,441 05 )
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 91,835 97 J
Number of accounts opened during the year ending Oct. 31, 1894,
2.839
Number o f accounts closed during the year ending Oct. 31, 1894,
2,190
Total number of open accounts Oct. 31, 1894,
.
.
.
.
20,674
Total expenses of the corporation for the year ending Oct. 31,1894 (ex­

180,277 02

clusive of t a x e s ) , .................................................................................................
Amount of deposits, not including dividends, received during the year end­

20,650 50

ing Oct. 31,1894, ............................................................................................................
Number of same, .
.............................................................................. 17,889
Amount of withdrawals, including dividends, during the year ending Oct.

1,322,656 97

31, 1 8 9 4 , ......................................................................................................................
Number of same..............................................................................................16,177
Date of examination by commissioner: March 23.

1,130,671 74

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500,
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

13,006

$249,870 78

2,371

193,613 31

1,216

188,514 69

846

300,453 04

223
227

158,596 75
231,608 40

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

17,889 $1,322,656 97

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table' associations, .
In trust................................
•

N um ­
ber.

Am ount.

6,121
50

$505,173 16
11,350 28

197
1,059

26,078 87
121,717 51

276

R E P O R T O F TH E

[Pub. D oc

HOOSAC S A V IN G S B A N K -N O R T H AD AM S.

Incorporated April 19, 1871.

Present number of corporators, 15.

0 . A . A r c h e r , President.

W . W . R i c h m o n d , Treasurer.

G e o r g e P. L a w r e n c e , Clerk, o f the Corporation.

Names of committee charged with the investment of its funds:
D a n i e l J. B a r b e r ,

T im o t h y Co l l in s ,

W . W . B utler.

Open for business every business day, 9

a

.m .

to 12

m

.

; 1 to 4

p

.m .

; Saturday, until 6

p

.m .

B alance Sheet October 31, 1894.

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Real estate (for banking purp o s e s ) , .......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Deposits in banks, not on interest,
Furniture and fixtures,
Premium account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$25,000 00
7,200 00
63,820
4,185
391,401
115,848
1,800
7,000
2,700
7,051

Deposits, .
Guaranty fund,
Interest account,

$601,306 28
11,758 29
12,943 66

41
40
77
93
07
00
00
65

$626,008 23

$626,008 23

Cash on Deposit in B ank: —
Berkshire Nationa 1 Bank,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,800 07

K o. 8 .]

277

SA V IN G S B A N K COM M ISSION ERS.

Hoosae Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of
of
of
of
of
of

Bay City, Mich , 5s,
Cleveland, Ohio, 4s, .
Columbus, Ohio, 4s,
Lynn, Mass., 4s, .
Sioux City, Iowa, 4-is,
Terre Haute, Ind., 41s,

Estimated
Market Value.

$10,000
2,000
1,000
2,000
5.000
5.000

$11,900
2,057
1,000
2,045
5,550
5,275

$25,000

$27,827 50

Amount Invested,

$10,000
2,000
1,000
2,000
5.000
5.000

00
50
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.

19
53

Par Value.

Adams Nat’l B’k, No. Adams,
Berkshire N’l B’k, No. Adams,

Estimated
Market Value.

Amount Invested.

$1,900
5,300

$2,280 00
5,830 00

$1,900 00
5,300 00

$7,200

$8,110 00

$7,200 00

Total Amount o f Loans, with Each Specified Bate o f Interest.

Amount.

Rate.

Amount.

$326,977 46

5 per cent.

$180,273 24

Rate.

6

per cent.

Amount.

Rate.

-

-

.

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, 1894,
Value, by books, of other real estate held or owned by foreclosure or

$63,820
70,000
36,000
3,358

41
00
00
68

o t h e r w i s e ,.....................................................................................................................
Assessed value of the s a m e ,........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, 258

4,185 40
1,125 00
6 8 18

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 224

247,883 24


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

278

R E P O E T O F TH E

[Pub. D oc

Hoosac Savings Bank — Concluded.
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894.............................................................................................
Times for the dividends fixed by the by-laws : June 1 and December 1.
Rate and amount of each semi-annual dividend i 2 per cent., $9,765 37 i
during the year ending Oct. 31, 1894,
.
. j 2 per cent., 10,340 26 j
Number of accounts opened during the year ending Oct. 31, 1894,
. 772
Number of accounts closed during the year ending Oct. 31, 1894,
. 596
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,154
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes)..............................................................................................................

$31,479 73

20,105 63

3,488 67

Amount of deposits, not including dividends, received during the year
ending Oct. 3 1 , 1 8 9 1 , ....................................... ..........................................................

283,902 07

Number of same,
...............................................................................4,811
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

215,026 50

Number of s a m e , ........................................................................................ 2,718
Date of examination by commissioner: February 26.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

4,091

$57,557 75

291

24,545 85

204

30,842 30

131

45,415 83

32
62

22,323 11
103,217 23

4,811

$283,902 07

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

Num ­
ber.

Amount.

1,395
1

$76,434 07
2,000 00

97
30

5,191 05
28,051 72

No. 8 .]

279

SA Y IN G S B A N K CO M M ISSION ERS.

H O P K IN TO N S A V IN G S B A N K — H O P K IN TO N .
Incorporated March 23, 1867.

Present number o f corporators, 29.

L o w e l l B . M a y b r y , President.

F e e d A . W o o d , Treasurer.

F r e d A . W oo d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
C h a s . L . Cl a f l in ,

L o w el l B. M a y b r y ,

A lonzo Co b u r n ,

W . A . F r a il ,

C h a r l e s H . M orse,

M . V . P h ip p s .

Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 12 m .

a .m .

to 12

m

. ; 1 30 to 4 p . m . ;

Balance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

$24,500
57,425
500
84,070
535
193,307
2,610
23,524

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,
Deposits in banks, on interest, .
Deposits in banks, not on interest,
Expense account,
In s u r a n c e ,.......................................
Cash on hand,
.
.
.
.

00
24
00
00
82
50

$361,898 58
15,458 70

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

11,659 74

00

34

1 ,0 0 0 00

790 05
15 00
739 07
$389,017 02

$389,017 02

Cash on Deposit in Bank : —
Hopkinton National Bank, H o p k i n t o n , ........................................................... $24,524 34
Loan on Bank Stock : —
On 7 shares Hopkinton National Bank, Hopkinton, M ais.,

.

.

.

$500 00

Detailed Statement o f Public Funds.

Par Value.

City of Bangor, Me., 6s, .
of Belfast, Me., 6s, .
of Dayton, Ohio, 4s,
of Portland, Me., 6s,
County of Aroostook, Me., 4^s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$6,050
3,745
5,000
7,440
5,300

$5,000
3,500
5.000
6.000
5,000
$24,500

*

Estimated
Market Value.

00
00
00
00
00

$27,535 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

280

R E P O R T O F TH E

[Pub. Doc

Hopkinton Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

10
50
61
50
25
15
13
16
50
15
10
38
40
60
25
5

Tar Value.

Greylock Nat’l Bank, Adams,
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston, .
Continental N’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Faneuil Hall N’l Bank, 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 Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Franklin Nat’l Bank, Franklin,
Natick National Bank, Natick,

Estimated
Market Value.

$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
$48,300

$1,500
6,000
7,137
5,750
2,075
1,950
1,397
1,548
6,250
2,355
1,260
3,610
4,640
6,960
2,750
650

Amount Invested.

00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00

$55,832 50

$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

Detailed Statement o f Eailroad 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 Colonv R.R. 6s,.
Salem & Lowell R.R. 6s,. 9
Fitchburg R.R. 5s, .
St. Johnsbury & Lake Champlain
R.R. 5s,...........................................

Estimated
Market Value.

$5,000
10,000
10,000
10,000
5,000
10,000
10,000
2,000
10,000
5,000

$5,125
10,550
10,375
10,325
5,200
10,575
11,200
2,080
10,700
5,275

00
00
00
00
00
00
00
00
00
00

Amount Invested.

$5,000
10,000
10,000
10,000
5,000
10,000
10,000
2,000
10,000
5,185

00
00
00
00
00
00
00*
00
00
00

6,000

6,990 00

6,885 00

$83,000

$88,395 00

$84,070 00

Total Amotmt o f Loans, with Each Specified Rate o f Interest.
Amount.

$23,524 34
4,000 00

Rate.

2£

per cent.

4*

“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$93,100 00
31,650 00

Kate.

5 per cent.
5£
“

A legal investment when made.

Amount.

$67,667 50

Kate.

6

per cent.

No. 8 .]

281

SA Y IN G S B A N K CO M M ISSIO N ERS.

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,
178

$535 82
700 0 0

...............................................................................
Aggregate amount of the same,
Total number of loans upon real e s t a t e , ................................................. 191
Amount of investments from which no income is received, .
.
.
.
Gross amount of interest or profits received or earned, as per books, dur­

116,607 50

ing year ending Oct. 31, 1894.....................................................................................
Times for the dividends fixed by the b y-la w s: first Saturday in May and

19,068 11

November.
Rate and amount of each semi-annual dividend j 2 per cent., $7,289 521
during the year ending Oct. 31,1894,
.
. 1 2 per cent., 7,050 62 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 146
Number of accounts closed during the year ending Oct. 31, 1894,
. 142
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
1,221
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­

535 82

14,340 14

clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year

1,772 03

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................
653
Amount o f withdrawals, including dividends, during the year ending Oct.

43,242 97

31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , .................................................................................................. 968
Date of examination by commissioner: M ay 7.

69,804 55

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

508

$10,063 37

71

5,850 55

29

4,609 64

31

10,265 41

9
5

6,719 47
5,734 53

653

$43,242 97

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,
Of religious and chari­
table associations, .
In trust................................

Amount.

311

$19,940 48

13
20

527 75
2,088 64

282

R E P O R T O F TH E

H UD SO N

S A V IN G S

Incorporated Feb. 26, 1869.
E d m u n d M. S t o w e , President.
Fred 0 . W

[Pub. Doc

B A N K — H UD SO N.

Present number of corporators, 38.
D a n i e l W . S t r a t t o n , Treasurer.

elsh,

Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
E dmund M . Stow e,
J o se p h S. B r a d l e y ,
H o r a c e El S t o w e ,
L um an T. J efts,
G e o r g e B . Co c h r a n .

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 .

B a la 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,
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, .
Deposits in banks, not on interest,
Expense account,
Cash on hand,
.
.
.
.

m

.

; Saturday,

31, 1894.

L ia b il it ie s .

$100,400 00
61,500 00
1 ,0 0 0 00

97,000 00
7,700
411
413,800
8,625

00
97
00
00

42,700
71,600
32
137
1,822

00
00
73
77
13

$806,729 60

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$767,919 17
19,200 00
4,913 85
14,696 58

$806,729 60

Cash on Deposit in Banks, amount in each: —
Hudson National Bank, Hudson.................................................................................. $26,632 73
International Trust Company, Boston, *
...........................................................
20,000 00
Old Colony Trust Company, Boston............................................................................
25,000 00

Loans on Bank Stock, amount on each: —
On 8 shares Hudson National Bank, H u d s o n , ................................................. $500 00
On 6 shares National Rockland Bank, Boston.......................................................
500 00

* Not a legal depository for savings banks’ funds. Deposit has been withdrawn.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

283

Hudson Savings Bank — Continued.
Detailed Statement o f Public Funds.
Par Value.

Town of Chicopee, Mass., 4s, .
of Clinton, Mass., 4s,
of Hopkinton, Mass., 4s,
of Melrose, Mass., 4s, .
City of Chicago, 111., 4s, .
of Cleveland, Ohio, 6s,
of Columbus, Ohio, 4s,
of Fall River, Mass., 5s,
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 5s,
of Marlborough, Mass., 4s,
of Springfield, Ohio, 5s, .
of Taunton, Mass , 4s, *.
of Brockton, Mass., 4s,

Estimated
Market Value.

$4,000
12,000
5.000
10,000
5.000
5.000
7.000
5.000
2.000
5.000
10,000
5.000
5.000
20,400

$4,200
12,360
5.000
10,450
5,100
5,075
7.000
5,750
2,140
5,500
10,600
5,650
5.000
21,279

00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$4,000
12,000
5.000
10,000
5.000
5.000
7.000
5.000
2.000
5.000
10,000
5.000
5.000
20,400

00
00
00
00
00*
00
00*
00
00
00
00
00
00
00

$100,400 $105,104 00 $100,400 00
* Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

25
4
60
60
18
37
75
50
52
50
25
50
35
6
23
25
21

Par Value.

Howard Nat’l Bank, Boston, .
Shoe & Leather N’l B’k, Boston,
State Nat’l Bank, Boston,
Third National Bank, Boston,
Nat’l 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,
Blackstone N’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Nat’l Union Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,500
400
6,000
6,000
1,800
3,700
7,500
5,000
5,200
5,000
2,500
5,000
3,500
600
2,300
2,500
2,100
$61,600

Estimated
Market Value

$2,418
360
6,960
5,385
1,800
3,866
8,850
8,750
5,408
5,600
2,600
5,750
3,762
696
2,300
3,943
2,819

75
00
00
00
00
50
00
00
00
00
00
00
50
00
00
75
25

$71,269 75

Amount Invested.

$2,500
400
6,000
6,000
1,800
3,700
7,500
5,000
5,200
5,000
2,500
5,000
3,500
600
2,200
2,500
2,100

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$61,500 00

[Pub. Doc

R E P O R T O F TH E

284

Hudson Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

$5,000
16,000
10,000
5,000
10,000
5,000
20,000
6,000
10,000
5,000

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. 4^s,
Troy & Boston R.R. 7s, .
St. Johnsbury & Lake Champlain
R.R. 5 s ,...........................................

Estimated
Market Value.

$5,750
16,320
10,600
5,375
10,200
6,100
21,060
6,300
10,500
7,100

Amount Invested.

$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

00
00
00
00
00
00
00
00
00
00

5,000

5,750 00

5,000 00

$97,000

$105,055 00

$97,000 00

Total Amount of Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$71,600 00
13,200 00
29,500 00

2

4
4i

per cent.
“
“

Amount.

$149,050 00
187,500 00
85,375 00

Rate.

5 per cent.
5à
“
“

Amount.

$750 00
750 00

Rate.

7 per cent.
7è
“

6

Amount invested in real estate for banking purposes,....................................... $7,700 00
Estimated value of the s a m e , ...............................................................................
7,700
Assessed value of the s a m e ,........................................................................................
5,200
Value, by books, of other real estate held or owned by foreclosure or other­
wise,
...............................................................................................................................
41.1
Assessed value of the s a m e , ........................................................................................
550
Net income received from same during year ending Oct. 31, 1894,
.
8
Number of loans which are of an amount not exceeding $3,000 each, 302
Aggregate amount o f the s a m e , ...............................................................................
279,875
Total number of loans upon real e s t a t e , ................................................. 325
Amount of investments from which no income is received, .
.
.
.
7,700
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894,
...............................................................................
39,549
Times for the dividends fixed by the by-laws : third Wednesday in Jan­
uary and July.
Rate and amount of each semi-annual dividend f 2 per cent.,
$13,841 35 1
during the year ending Oct. 31, 1894,
.
i 2 per cent.,
13,991 33 J
Number o f accounts opened during the year ending Oct. 31, 1894,
433
Number of accounts closed during the year ending Oct. 31, 1894,
361
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,554


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
97
00
37
00
00
29

27 832 68
’

No. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

Hudson Savings Bank —

285

C oncluded.

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year end­
ing Oct. 31, 1 8 94,..................................................................................................
Number of s a m e , ........................................................................................2,235
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894,
......................................................................................................................
Number of s a m e , ........................................................................................ 1,940
Date of examination by commissioner : February 2.

S I,678 02
172,997 0 0

162,312 75

Classification o f Deposits received during the Year ending Oct. 31, 1894.
Num.
ber.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .

1,644

$30,195 00

279

23,188 00

not
not

115

18,023 00

117

39,173 00

57
23

37,278 00
25,140 00

2,235

$172,997 00

not
less

T o ta ls ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Amount.

11

$74,837 00
2,195 00

73
190

8,929 00
22,527 00

995

286

R E P O R T O F TH E

HYDE

PARK

S A V IN G S

Incorporated March 8 , 1871.

[Pub. Doc.

B A N K — HYDE

PARK.

Present number of corporators, 36.

R o b e r t B l e a k i e , President.

A r t h u r H . B u r t , Treasurer.

A r t h u r H . B u r t , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
R obert B l e a k ie ,

W i l l i a m J. S t u a r t ,

H e n r y S. B unton,

D a v id P e r k i n s ,

F r e d e r ic k N . T ir r e l l .

Open for business every business day, 2 to 6 p .m . ; also Wednesday and Saturday,
7 to 9 p . m .

B alan ce Sh eet 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
(notes).............................................
Deposits in banks on interest, .
Expense account,
Cash on hand.....................................

31, 1894.

L ia b il it ie s .

$15,100
73.000
230,314
73,438

00
00
38
00

29.000
36,171
484
2,559

00
98

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$414,784 99
16,244 75
8,780 08
20,258 42

68

20

$460,068 24

$460,068 24

Cash on Deposit in Banks, amount in each : —
North National Bank, B o s t o n , ...............................................................................$19,598 28
National Exchange Bank, B o s t o n , .....................................................................
16,573 70


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Federal Reserve Bank of St. Louis

N o. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

287

Hyde Park Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

13 Freeman’s Nat’l Bank, Boston,
20 N’l B’k of Commerce, Boston,
14 First N’l B’k, Newbury port, .
6 Columbian N’l Bank, Boston,
20 Continental N’l B’k, Boston, .
10 Hamilton Nat’l Bank, Boston,
19 N’l B’k of the Republic, Boston,
17 N ’1Hide & Leather B’k, Boston,
5 North Nat’l Bank, Boston,
27 State Nat’l Bank, Boston,

$1,300
2,000
1,400
600
2,000
1,000
1,900
1,700
500
2,700
$15,100

Estimated
Market Value.

$1,170
2,300
1,778
615
2,300
1,105
3,025
1,823
579
3,132

Amount Invested.

00
00
00
00
00
00
75
25
37
00

$17,828 37

$1,300
2,000
1,400
600
2,000
1,000
1,900
1,700
500
2,700

00
00
00
00
00
00
00
00
00
00

$15,100 00

Detailed Statement o f Bailroad Bonds.
Par Value.

Boston & Albany R.R. 6s,
Boston & Maine R.R. 4s, .
Boston, Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 5s, .
Maine Central R.R. 7s, .
Old Colony R.R. 6s,
. . .
Upper Coos R.R. 4s,
. . .
Worcester, Nashua & Roch. R.R. 4s,

$4,000
5,000
5,000
10,000
29,000
5,000
10,000
5,000
$73,000

Estimated
Market Value.

$4,083
5,136
5,274
10,403
39,875
5,197
10,000
5,181

60
00
50
80
00
50
00
00

$85,151 40

Amount Invested.

$4,000
5,000
5,000
10,000
29,000
5,000
10,000
5,000

00
00
00
00
00
00
00
00

$73,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$36,171 98
29.000 00
16.000 00

Kate.

2

4
4£

per cent.
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$19,500 00
41,000 00
221,452 38

Kate.

5 per cent.
5è
“
6

Amount.

$3,000 00
500 00
2,300 00

Rate.

6J

per cent.

7
8

»

288

R E P O R T O F TH E

[Pub. D oc.

Hyde Park Savings Bank — Concluded.
Number of loans which are o f an amount not exceeding $3,000 each, . 174
Aggregate amount of the s a m e , ...............................................................................$201,252 38
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, 1894.............................................................................................

23,626 71

Times for the dividends fixed by the b y-la w s: January 15 and July 15.
Rate and amount of each semi-annual dividend ( 2 per cent., $6,819 101
nq
during the year ending Oct. 31,1894,
.
. 1 2 per cent.,
6,986 99 J
’
Number of accounts opened during the year ending Oct. 31, 1894,
. 453
Number of accounts closed during the year ending Oct. 31, 1894,
. 384
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,574
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes).............................................................................................................. ............ 7 0 7 01
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 3,825

167,763 87

Amount of withdrawals, including dividends, during the year ending Oct.
31> 1894>
........................................
...........................................................
Number of s a m e , ........................................................................................
2 945

148,735 12

Date of examination by commissioner: January 16.

Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and.
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3,223

$50,895 26

337

27,025 29

124

18,380 76

92

31,741 76

36
13

26,720 80
13,000 00

3,825

$167,763 87

not
not

Amount.

not
less

T o the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

1,749
4

$78,964 10
504 00

48
113

3,776 16
6,494 42

No. 8 .]

289

SA Y IN G S B A N K COM M ISSION ERS

IN S T IT U T IO N

FOR

IT S

S A V IN G S

IN

NEW BURYPORT

AND

V IC IN IT Y — N E W B U R Y P O R T .

incorporated Jan. 31, 1820.

Present number of corporators, 8 6 .

E d w a r d S. M o s e l t , President.

L a w r e n c e W . P i p e r , Treasurer.

G e o . F . A v e r y , Clerk o f the Corporation.

Names o f committee charged with the investment of its funds :
E d w a r d S. M osely,

Sa m u e l M a r c h ,

W il l ia m H . Sw a s e y ,

H e n r y B. L i t 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 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,.
Loans 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).............................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

a .m

. to 1 p . m . ; 2.30 to 4 p . m . ;

31, 1894.

L ia b il it ie s .

$1,363,500
923,470
17,480
904,000
15.000

00
00
00
00
00

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$5,513,309 75
280,000 00
75,984 94

1 0 .0 0 0 00

526 36
790,032 00
1,319,540 55
239,950 00
285,534 05
261 73
$5,869,294 69

$5,869,294 69

Cash on Deposit in Banks, amount in each: —
First National Bank, Newburyport,
.
.
.
.
Powow River National Bank, Amesbury,
Amesbury National Bank, Am esbury................................
Essex National Bank, H a v e r h ill,.......................................
National Revere Bank, Boston,
.
.
.
.
.

$26,669 97
35.000 00

10.000 00
25,000 00
188,864 08

Loans on Bank Stock, amount on each: —
On 22 shares Ocean National Bank, Newburyport,
On 4 shares Ocean National Bank, Newburyport,
On 2 shares Mechanicks’ National Bank, Newburyport,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$900 00

:}

400 00

[Pub. D oc

R E P O R T O F TH E

290

Institution for Savings in Newburyport, etc. — Continued.
On
On
On
On

1 share Mechanicks’ National Bank, Newburyport,
4 shares Columbian National Bank, Boston, .
3 shares Mechanicks’ National Bank, Newburyport,
75 shares Fourth National Bank, Boston,

On 55 shares Second National Bank, Haverhill, .
On 40 shares Amesbury National Bank, Ainesbury,

I

$450 00
230 00
7,500 00

I

.

8,000 00

Loan on Railroad Bonds : —
.

On $15,000 Boston & Maine R .R . 4s,

$15,000 00

Detailed Statement o f Public Funds.
Par Value.

C ity o f B o sto n , M a s s ., 3 ^s,
o f B o sto n , M a s s ., 4 s,
o f B a n g o r , M e ., 7 s, .
o f C h e lse a , M a s s ., 4 s,
o f C h ic o p e e , M a s s ., 4 s,
o f C o n co rd , N . H ., 6s,
o f D a y to n , O h io , 5 s , .
o f D e s M o in e s, Io w a , 4 |s,
o f D o v e r , N . H ., 4 s , .
o f H a v e r h ill, M a s s ., 4 s ,
.
o f H o ly o k e , M a s s ., 6 s,
o f L y n n , M a s s ., 3 ^s,
o f L y n n , M a s s ., 4 s, .
o f L y n n , M a s s ., 6 s, .
o f L e w is to n , M e ., 6s,
of L a w re n c e , M a s s ., 4 s,
.
o f L o w e ll, M a s s ., 4 s,
o f N a s h u a , N . I L , 4s,
o f N e w b u r y p o r t, M a s s ., 4 s,
o f P o rtsm o u th , N . H ., 4 s , .
o f S a le m , M a s s ., 4 s,
o f S o m e r v ille , M a s s ., 4 s, .
of S p r in g fie ld , M a s s ., 7 s,
o f W a lt h a m , M a ss , 4 s,
o f W o r c e s t e r , M a s s ., 3 ^ s , .
T o w n o f B e v e r ly , M a s s ., 4 s,
.
o f M a r lb o r o u g h , M a ss., 4 s, .
o f M a rb le h e a d , M a s s ., 4 s,
o f S to u g h to n , M a s s , 4 s,
o f T u r n e r ’s F a lls , M a s s ., 4 s, .
C o u n ty o f A r o o s to o k , M e , 4 | s,
o f M id d le s e x , M a s s ., 4 s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 5 0 ,0 0 0
1 5 0 ,0 0 0
2 5 ,0 0 0
3 2 ,0 0 0
5 0 ,0 0 0
1 2 ,0 0 0
1 5,0 0 0
2 5 ,0 0 0
2 0 ,0 0 0
7 5 ,0 0 0
2 5 ,0 0 0
2 5 ,0 0 0
7 5 ,0 0 0
5 0 ,0 0 0
1 0 ,0 0 0
5 5 ,0 0 0
2 0 ,0 0 0
2 5 ,0 0 0
2 0 7 ,0 0 0
5 0 ,0 0 0
4 5 ,0 0 0
1 1 ,0 0 0
4 0 ,0 0 0
1 9 ,0 0 0
2 5 ,0 0 0
14,0 0 0
3 1 ,0 0 0
2 7 ,5 0 0
5 0 ,0 0 0
1 0 ,0 0 0
4 5 ,0 0 0
5 0 ,0 0 0
$ 1 ,3 6 3 ,5 0 0

Estimated
Market Value.

$ 5 2 ,1 3 5
1 6 7 ,3 4 0
2 8 ,4 7 5
3 4 ,1 8 5
5 3 ,0 7 5
1 2 ,1 6 3
1 5,7 6 3
2 5 ,0 0 0
2 0 ,9 6 6
7 9 ,8 5 2
2 8,2 2 7
2 4 ,7 8 2
7 9 ,4 9 5
5 0 ,6 8 0
1 1 ,4 1 0
5 7 ,3 3 5
2 0 ,6 5 6
2 5 ,8 1 2
2 1 5 ,9 1 1
5 1 ,8 4 0
4 5 ,8 1 9
1 1,2 9 5
5 0 ,2 1 6
1 9,5 5 9
2 5 ,5 6 0
1 4 ,6 9 8
3 2 ,6 2 4
2 8,9 1 9
5 2 ,8 3 5
1 0 ,3 7 1
4 7 ,8 5 3
5 0 ,9 5 0

00
00
00
00
00
00
00
00
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.

$ 5 0 ,0 0 0
1 5 0 ,0 0 0
2 5 ,0 0 0
3 2 ,0 0 0
5 0 ,0 0 0
1 2 ,0 0 0
1 5 ,0 0 0
2 5 ,0 0 0
2 0 ,0 0 0
7 5 ,0 0 0
2 5 ,0 0 0
2 5 ,0 0 0
7 5 ,0 0 0
5 0 ,0 0 0
1 0 ,0 0 0
5 5 ,0 0 0
2 0 ,0 0 0
2 5 ,0 0 0
2 0 7 ,0 0 0
5 0 ,0 0 0
4 5 ,0 0 0
1 1 ,0 0 0
4 0 ,0 0 0
1 9 ,0 0 0
2 5 ,0 0 0
1 4 ,0 0 0
3 1 ,0 0 0
2 7 ,5 0 0
5 0 ,0 0 0
1 0 ,0 0 0
4 5 ,0 0 0
5 0 ,0 0 0

00
00
00
00
00
00
00*
00
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 ,4 4 5 ,8 0 1 00 $ 1 ,3 6 3 ,5 0 0 0 0

A legal investment when made.

No. 8 .]

291

SA V IN G S B A N K COM M ISSION ERS

Institution for Savings in Newburyport, etc.

— C ontinued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

122
750
31
37
100
108
300
221
500
286
74
100
240
100
270
142
250
1 50
267
508
83
173
100
302
60
258
375
480
200
400
69
2 25
2 80
500
208
353
133
60
108
1226
105
14

Par Value.

A tla n tic N a t 'l B a n k , B o sto n , .
A tla s N a t ’l B a n k , B o sto n ,
B la c k sto n e N a t ’l B ’k , B o sto n ,
B oston N a t ’l B a n k , B o sto n ,
O ld B o ston N a t ’l B ’k , B o sto n ,
N a t ’l C ity B a n k , B o ston ,
C o lu m b ia n N a t ’l B ’k , B o sto n ,
N ’l B ’k o f C o m m e r c e , B o sto n ,
N a tio n a l B a n k o f the C o m ­
m o n w e a lth , B o sto n ,
N a tio n a l E a g le B a n k , B o sto n ,
E li o t N a tio n a l B a n k , B o sto n , .
N a t ’ l E x c h a n g e B a n k , B o sto n ,
F an eu il H a ll N ’ l B ’k , B o sto n , .
F irst N a tio n a l B a n k , B o sto n , .
F r e e m a n ’s N a t ’l B a n k , B o sto n ,
G lo b e N a tio n a l B a n k , B o sto n ,
H a m ilto n N a t ’ l B a n k , B o sto n ,
N ’l H id e & L e a th e r B ’k , B o ston ,
H o w a r d N a t ’l B a n k , B o sto n , .
M a r k e t N a tio n a l B a n k , B o sto n ,
M a ssa c h u se tts N ’l B ’k , B o sto n ,
M e r c h a n ts’ N a t ’l B ’k , B o sto n , .
N e w E n g la n d N ’l B ’k , b o sto n ,
N o r th N a tio n a l B a n k , B o sto n ,
N ’l B ’k o f N o . A m e r ic a , B o sto n ,
N ’ l B ’ k o f R e d e m p tio n , B oston,
N a tio n a l R e v e re B a n k , B o ston ,
S econ d N a tio n a l B a n k , B o ston ,
S h a w n m t N a t ’ l B a n k , B o sto n , .
S h oe & L eath er N ’l B ’k. B o ston ,
State N a tio n a l B a n k , B o sto n , .
S u ffolk N a tio n a l B a n k, B o sto n ,
T r a d e r s ’ N a t ’ l B a n k , B o sto n , .
T r e m o n t N a t ’ l B a n k , B o s t o n ,. n
N a t ’ l U n io n B a n k , B o s to n .,
.
W a s h in g to n N ’ l B ’ k, B o sto n , .
N a t ’ l W e b s t e r B a n k , B o sto n , .
G lo u c e ste r N ’l B ’k , G lo u c e ste r ,
M e c h a n ic k s’ N a tio n a l B 'k ,N e w b u r y p o r t,
.
.
.
.
*
M e r c h a n ts’ N a tio n a l B ’k , N e w b u r y p o r t............................................
O cea n N ’l B ’k , N e w b u r y p o r t ,.
F ir s t N ’ l B ’ k, N e w b u r y p o r t, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Amount Invested.
Market Value.

$ 1 2 ,2 0 0
7 5 ,0 0 0
3 ,1 0 0
3 ,7 0 0
1 0,0 0 0
1 0 ,8 0 0
3 0 ,0 0 0
2 2 ,1 0 0

$ 1 4 ,9 7 5
8 7 ,7 5 0
3 ,1 3 9
3 ,8 4 8
1 0 ,4 5 0
8 ,8 5 6
3 1 ,0 5 0
2 5 ,4 1 5

$ 1 2 ,2 0 0
7 5 ,0 0 0
3 ,1 0 0
3 ,7 0 0
1 0 ,0 0 0
1 0 ,8 0 0
3 0 ,0 0 0
2 2 ,1 0 0

00
00
00
00
00
00
00
00

5 0 ,0 0 0
2 8 ,6 0 0
7 ,4 0 0
1 0 ,0 0 0
2 4 ,0 0 0
1 0,0 0 0
2 7 ,0 0 0
1 4,2 0 0
2 5 ,0 0 0
1 5,0 0 0
2 6 ,7 0 0
5 0 ,8 0 0
8 ,3 0 0
1 7 ,3 0 0
1 0 ,0 0 0
3 0 ,2 0 0
6 ,0 0 0
2 5 ,8 0 0
3 7 ,5 0 0
4 8 ,0 0 0
2 0 ,0 0 0
4 0 ,0 0 0
6 ,9 0 0
2 2 ,5 0 0
2 8 ,0 0 0
5 0 ,0 0 0
2 0 ,8 0 0
3 5 ,3 0 0
1 3,3 0 0
6 ,0 0 0

6 5 ,1 2 5
2 3 ,8 0 9
9 ,6 9 4
1 2 ,6 7 5
3 1 .3 8 0
2 3 ,8 0 0
2 7 ,0 0 0
1 2 ,7 8 0
2 7 ,6 2 5
1 6 ,1 2 5
2 5 ,8 3 2
4 3 ,1 8 0
8 ,1 1 3
2 7,2 9 1
1 5,8 2 5
3 5 ,0 3 2
6 ,9 0 0
3 2 ,4 4 3
3 5 ,7 1 9
8 8 ,8 0 0
2 3 ,2 5 0
3 6 ,0 5 0
8 ,0 0 4
2 2 ,5 2 8
2 1 ,0 0 0
4 4 ,0 0 0
2 7 ,9 2 4
3 8 ,4 7 7
1 3,3 0 0
8 ,1 6 0

5 0 ,0 0 0
2 8 ,6 0 0
7 ,4 0 0
1 0 ,0 0 0
2 4 ,0 0 0
1 0,0 0 0
2 7 ,0 0 0
1 4 ,2 0 0
2 5 ,0 0 0
1 5 ,0 0 0
2 6 ,7 0 0
5 0 ,8 0 0
8 ,3 0 0
1 7 ,3 0 0
1 0 ,0 0 0
3 0 ,2 0 0
6 ,0 0 0
2 5 ,8 0 0
3 7 ,5 0 0
4 8 ,0 0 0
2 0 ,0 0 0
4 0 ,0 0 0
6 ,9 0 0
2 2 ,5 0 0
2 8 ,0 0 0
5 0 ,0 0 0
2 0 ,8 0 0
3 5 ,3 0 0
1 3 ,3 0 0
6 ,0 0 0

00
00
00
00
00
00
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 0 ,8 0 0

1 4,5 8 0

1 0 ,8 0 0 0 0

2 4 ,5 2 0
5 ,2 5 0
1 ,40 0

3 0 ,6 5 0
5 ,5 6 5
1,75 0

2 4 ,5 2 0 00
5 ,2 5 0 00
1,40 0 00

$ 9 2 3 ,4 7 0

$ 1 ,0 4 9 ,8 6 9

$ 9 2 3 ,4 7 0 0 0

[Pub. D oc.

R E P O R T O F TH E

292

Institution for Savings in Newbury port, etc.

— Continued.

Detailed Statement o f Railroad Bonds.
Par Value.

B o sto n & L o w e ll R .R . 4 s,
B o sto n & L o w e ll R .R . 6 s,
C o n co rd & M o n tr e a l R R . 4 s, .
D e x t e r & P iscataq u is R .R . 4 s,
E a ste rn R .R . 6 s,
.
.
.
F itc h b u r g R .R . 4 s, .
F itc h b u r g R .R . 4 J s, .
.
.
.
F itc h b u r g R .R . 5 s , .
.
.
.
O ld C o lo n y R .R . 4 s , .
V e r m o n t & M a ssa c h u se tts R R . 5 s , .
B o sto n & M a in e R .R . 4 s,
B o sto n & M a in e R .R . 4 ^ s,
P e n o b sc o t S h ore L in e R .R . 4 s,
M a in e C e n tra l R .R . 4 s,
M a in e C e n tral & E u ro p e a n & N o r th
A m e r ic a n R .R . 4 s.
.
.
.
W o r c e s t e r , N a s h u a & R o c h . R .R . 4 s,

$ 1 0 0 ,0 0 0
5 ,0 0 0
1 5 0 ,0 0 0
1 5 ,0 0 0
5 0 ,0 0 0
7 5 ,0 0 0
8 0 ,0 0 0
25 0 0 0
1 3 5 ,0 0 0
2 5 ,0 0 0
3 0 ,0 0 0
8 5 ,0 0 0
5 0 ,0 0 0
2 4 ,0 0 0

Estimated
Market Value.

$ 1 0 2 ,7 6 5
5 ,1 9 0
1 5 4 ,8 9 0
1 5,0 0 0
6 0 ,3 6 5
7 3 ,5 5 5
8 1 ,0 8 0
2 5 ,9 8 5
1 4 1 ,6 7 5
2 6,7 8 7
3 0 ,8 1 6
9 4 ,1 3 7
5 0 ,0 0 0
2 4 ,0 0 0

Amount Invested.

$ 1 0 0 ,0 0 0
5 ,0 0 0
1 5 0 ,0 0 0
1 5 ,0 0 0
5 0 ,0 0 0
7 5 ,0 0 0
8 0 ,0 0 0
2 5 ,0 0 0
1 3 5 ,0 0 0
2 5 ,0 0 0
3 0 ,0 0 0
8 5 ,0 0 0
5 0 ,0 0 0
2 4 ,0 0 0

00
00
00
00
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 5 ,0 0 0
4 0 ,0 0 0

1 5 ,0 0 0 0 0
4 1 ,4 4 8 00

1 5 ,0 0 0 00
4 0 ,0 0 0 0 0

$ 9 0 4 ,0 0 0

$ 9 4 2 ,6 9 3 0 0

9 0 4 ,0 0 0 00

Total Amount o f Loans, with Each Specified Bate o f Interest.

Eate.

Amount.

$ 1 0 0 00

188,864
26,669
87,950
130,000

08
97
00
00

0
2
2A

3è
3|

per cent.

Amount.

Eate.

$1,158,300 00

4 per cent.
41
“
“
4i
4£
“

1 0 ,0 0 0 00

“
“
“

89,000 00
239,400 00

Eate.

Amount.

$51,241
512,378
59,195
114,437

Amount invested in real estate for banking purposes,
Estimated value of the same,
.
.
.
.

.
,

4| per cent.
5
“
5h
“
6
“

80
75
00
00

.

Assessed value of the s a m e , ........................................

$ 1 0 ,0 0 0 00
19,500 00
19,500 00

ire or
o t h e r w i s e ,........................................................................................
Assessed value of the s a m e , ...........................................................
Number of loans which are o f an amount not exceeding $3,000
Aggregate amount of the s a m e , ..................................................
Total number o f loans upon real estate,
.
.
.
.
Amount of investments from which no income is received, .
Gross amount of interest or profits received or earned, as per

.
,

526 36
550 00
456
460,823 80

.

473
626 36

3, dur-

ing year ending Oct. 3 1 , 1 8 9 4 , .................................................
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

272,284 90

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS

Institution for Savings in Newbury port, etc.

293

— Conclud ed .

Rate and amount of each semi-annual dividend f 2 per cent., $105,606 2 2
during the year ending Oct. 31, 1894,
.
( 2 per cent., 106,415 04

$ 2 1 2 ,0 2 1 26

Number of accounts opened during the year ending Oct. 31, 1894,
. 947
Number of accounts closed during the year ending Oct. 31, 1894,
. 904
Total number of open accounts Oct. 31, 1894,
.
.
.
.
11,573
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 5,157
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of same,
..................................................................................................7,312
Date of examination by commissioner : November 22.

8,385 37
511,018 80

637,710 06

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

Of $50 and less,
Exceeding $50 and not
more than $100, .
Exceeding $100 and not
more than $200, .
Exceeding $200 and not
more than $500, .
Exceeding $500 and less
than $1,000, .
Of $1,000 or more, .
Totals,

.

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

3,570

$73,952 18

688

55,798 95

333

52,686 10

323

115,134 70

130
113

92,635 44
120,811 43

5,157

$511,018 80

To the credit —
Of women, both adult
and minor,
Of guardians,
Of religious and charitable associations, .
In trust.........................

Numher.

Amount.

2,869
13

$332,149 36
3,870 66

72
140

16,458 76
39,921 07

[Pub. D oc

R E P O R T O F TH E

294

IN ST IT U T IO N - FOR S A V IN G S IN R O X B U R Y
V IC IN IT Y — BOSTON.

Incorporated Feb. 22, 1825.
John D . W

AND

ITS

Present number of corporators, 46.

E d w a r d R ic h a r d s , Treasurer.
E d w a r d R ic h a r d s , Clerk o f the Corporation.

il l ia m s ,

President.

Names of committee charged with the investment of its funds :
W a l t e r H . C o w in g ,
A th erton T . B r o w n ,

J oh n D . W il l ia m s ,
W il l ia m F. D a y .

Open for business every business day, 9

Balance Sheet O ctober

a .m .

to 3

p .m .

3 1 , 189 4 .

L ia b il it ie s .

A ssets.

$639,000 00
155,760 00
208,567 09

Public funds as per schedule,
.
Loans on public funds,
Bank stock as per schedule,
Loans on bank stock,'.
Railroad bonds as per schedule,
Railroad notes, .
.
.
.
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,
.
.
.
.

8 ,0 0 0 00

1,140,000
50,000
2,500
2,221,919
1,170,700

00
00
00
29

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count,
.

$5,975,123 04
240,000 00
23,869 05
7,662 60

00

80,500 00
535,602 86
34,105 45
$6,246,654 69

$6,246,654 69

Cash on Deposit in Banks, amount in each : —
National Rockland Bank, Boston,
Washington National Bank, Boston,
Second National Bank, Boston,
Boylston National Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$100,045
226,828
57,464
151,264

12
44
48
82

No. 8 .]

295

SA Y IN G S B A N K COM M ISSIONERS

Institution for Savings in Roxbury and its Vicinity — Continued.
Loans on Public Funds, amount on each: —
On $23,000 City of Malden, M ass., 4s, .
On $29,000 City of Boston, Mass., 4s, .
On $3,000 City of Marlborough, M ass., 4s,.
On
On
On
On
On

$50,000 00

$18,000 Town of Laconia, N . H ., 4s,
$1,000 City of Bridgeport, Conn., 4s,
$3,000 City of Boothbay Harbor, Me., 4s,
$1,000 City of Nashua, N . H ., 4s, .
$7,000 County of Middlesex, Mass., 4 s ,.

1- 50,000 00

I

On $22,000 City of Holyoke, M ass., 4s,
On $27,000 Clark County, Ind., 5s,
On $13,000 Town of Laconia, N . H ., 4s,
On
On
On
On

I

$15,000 City of Nashua, N . H ., 4s, .
$2,500 United States 4s, .
$2,000 City of Lowell, Mass., 4s,
$2,000 City of Cambridge, M ass., 4s,

50,000 00*
2,500 00
1,460 00
1,800 00

Loans on Bank Stock, amount on each: —
On 60 shares National Bank of Redemption, Boston.............................................
On 10 shares First National Bank, B o s t o n ,........................................................... [ $8,000 00
On 20 shares Faneuil National Bank, B oston,....................................................... )
* This illegal loan has since been paid.

Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,
of Fitchburg, Mass., 4s, .
of Lynn, Mass., 4s, .
of Chelsea, Mass., 4s.,
of Grand Rapids, Mich , 5s,
County of Hillsborough, N. H., 4s, .
City of Indianapolis, Ind., 4s, .
of Quincy, Mass., 4s,
of Waterbury, Conn., 4 s,.

Estimated
Market Value.

Amount Invested.

$186,000 $199,885 00 $186,000 00
100,000 00
105,000 00
100,000
160,000 00
164,700 00
160,000
50,000 00
51,500 00
50,000
50,000 00
51,500 00
50,000
40,800 00
40,000 00
40,000
25,000 00
25,000
25,875 00
3,000 00
3,000 00
3,000
26,000 00
25,000 00
25,000
$639,000

$668,260 00 $639,000 00

Detailed Statement o f Bank Stocks.
o o
o 2
55

60
50
15
37

Estimated
Market Value.

Atlas National Bank, Boston,.
Atlantic Nat’l Bank, Boston, .
N’l B’k of Commerce, Boston,.
National Eagle Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$6,000
5,000
1,500
3,700

$7,020
6,125
1,710
3,108

00
00
00
00

$6,000
5,000
2,000
4,144

00
00
00
00

[Pub. D oc

R E P O R T O F TH E

296

Institution for Savings in Roxbury and its V ic in ity — Continued.

No. of
Shares.

Detailed Statement of Bank Stocks — Concluded.

200
5
30
25'
257
210
173
150
21
52
55
8
9
32
510
50

Par Value.

First National Bank, Boston, .
Howard Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
North National Bank, Boston,
People’s Nat’l Bank, Boston, .
Nat’l Rockland Bank, Boston,
National Revere Bank, Boston,
N’l B’k of the Republic,Boston,
State National Bank, Boston, .
Second Nat’l Bank, Boston,
Shoe & Leather N’l B’k, Boston,
Suffolk Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Washington N’l Bank, Boston,
Third National Bank, Boston,

$20,000
500
3,000
2,500
25,700
21,000
17,300
15,000
2,100
5,200
5,500
800
900
3,200
51,000
5,000

Estimated
Market Value.

$47,600
485
3,300
2,125
29,555
33,600
24,566
14,250
3,339
6,032
10,175
720
882
2,816
55,590
4,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$20,000
606
3,580
2,500
25,680
25,000
19,430
15,000
2,698
5,993
5,500
872
1,070
3,762
58,729
5,000

00
25
00
00
47
00
00
00
87
00
00
00
25
75
50
00

$194,900 $257,498 00 $208,567 09

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 7s, .
Boston & Maine R.R. 4|s, .
Fitchburg R.R. 4s,
Fitchburg R.R. 4|s,
Fitchburg R.R. 5s,
Boston & Albany R.R. 4s, .
Boston & Lowell R R. 4s, .
Concord & Claremont R.R. 4|s,.
Concord & Montreal R.R. 4s,
Danbury & Norwalk R.R. 5s,
Maine Central R.R. 4s,
Manchester & Lawrence R.R. 4s,
New Haven & Derby R.R. 6s,
Old Colony R.R. 4s, .
Sullivan County R.R. 4s, .
Worcester, Nashua & Rochester
R.R. 4s.......................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$12,000
100,000
150,000
257,000
100,000
25,000
80,000
50,000
75,000
25,000
25,000
50,000
25,000
100,000
25,000
50,000

Estimated
Market Value.

$12,120
111,000
147,750
259,570
105,000
26,250
81,345
52,500
76,500
28,500
25,000
50,500
27,000
105,100
25,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

51,000 00

Amount Invested.

$12,000
100,000
140,000
257,000
100,000
26,000
80,000
50,000
75,000
25,000
25,000
50,000
25,000
100,000
25,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

50,000 00

$1,149,000 $1,184,135 00 $1,140,000 00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS.

Institution for Savings in Roxbury and its Vicinity

297

— Conclud ed .

Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.

$535,602
16,000
15.000
25.000
30.000
250,000

Kate.

86
00
00
00
00
00

2
2|

3
3¿
3|
3f

Amount.

per cent.
«
“
“
«

$964,000
134,500
607,800
25,000
54,500

Kate.

00
00
00
00
00

4 per cent.
44 “
4¿
4§
4f

“
“
“

Amount.

$1,412,626
7,000
67,003
77,150
1,300

Kate.

00
00
29
00
00

5 per cent.
54
“
5¿
“
6
“
7

Value, by books, o f 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, 1894,
Number of loans which áre o f 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 , ................................................. 468
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................

$2,500 00
2,500 00
84 10
523,787 00

273,140 16

Times for the dividends fixed by the b y-law s: third Wednesday in April
and October.
Rate and amount o f each semi-annual divi- f 2 per cent., $105,898 84
dend during the year ending Oct. 31, 1894,
I 2 per cent.,
110,097 64 I
Number of accounts opened during the year ending Oct. 31, 1894,
2,618
Number o f accounts closed during the year ending Oct. 31, 1894,
1,968
Total number of open accounts Oct. 31, 1894,
.
.
.
.
14,928

215,996 48

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ) , .................................................................................................

11,934 29
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , .................................................................................................. 1,268,209 02
Number of s a m e , ........................................................................................
15 863
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of same..............................................................................................
Date of examination by commissioner: October 8 .

1,046,265 77

14 3 99

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,

.

Num ­
ber.

Amount.

11,447

$234,715 02

2,220

182,380 00

961

150,821 00

739

259,048 00

248
248

183,025 00
258,220 00

not
not
not
less

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

15,863 $1,268,209 02

To the credit —
Of women, both adult
and minor,
.
.
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

8,393
61

$598,343 28
12,756 00

104
1,509

8,036 00
158,202 00

298

R E P O R T O F TH E

[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 sep h R oss, President.
T h e o d o r 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 il l i a m W il l c o m b ,
J. B. G r a n t ,
R obert Jo rd an ,
C. A . Sa 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 la n c e Sh e e t O cto ber

; Saturday, 3 to 5

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

p .m .

$97,000
61,953
91,000
6,602
233,322
5,540

00
00
00
60
00
00

Deposits, .
Guaranty fund,
Interest account,

$511,427 58
12,900 00
5,368 10

2,000 00
25,862 05
6,416 03
$529,695 68

$529,695 68

Cash on Deposit in Banks, amount in each : —
Fourth National Bank, B o s t o n , ...............................................................................$9,894 07
Merchants’ National Bank, Salem,
.
.
.
.
.
.
.
.
4,545 61
First National Bank, S a le m ,.........................................................................................
7,256 16
First National Bank, I p s w i c h , ...............................................................................
4,166 21


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

299

I p s w ic h Sayin gs B ank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of
of
of
of
of
of
of
of
of
of

Boston, Mass., 3|s,
Boston, Mass., 4s,
East Saginaw, Mich., 4is, .
Keene, N. H., 5s, .
Lewiston, Me , 5s,
Lynn, Mass., 4s, .
Providence, R. I., 5s, .
Salem, Mass., 4 s,.
Haverhill, Mass , 4s, .
Northampton, Mass , 4s,

$ 15,000
10,000
5,000
2,500
2,000
5,000
5,000
20,000
20,000
12,500
$97,000

Estimated
Market Value.

$15,737
11,350
5,250
2,563
2,300
• 5,250
5,750
21,100
20,600
12,812

00
00
00
00
00
00
00
00
00
00

$102,712 00

Amount Invested.

$15,000
10,000
5,000
2,500
2,000
5,000
5,000
20,000
20,000
12,500

00
00
00
00
00
00
00
00
00
00

$97,000 00

No. of
Shares.

Detailed Statement o f Bank Stock.

10
7
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 Nat’ l B’k, Boston,
N’l B’k of Commerce, Boston,
Eliot Nat’l 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 B’ k, 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, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Union Bank, Boston,
Gloucester N’l B’k, Gloucester,
Nat’l Grand B’k, Marblehead,
Asiatic Nat’l Bank, Salem,
Nat’l Exchange Bank, Salem,
First Nat’l Bank, Salem,.
Merchants’ Nat’l Bank, Salem,
Mercantile Nat’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
700
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
7,320
1,900
2,700
2,100
1,500
$56,210

Estimated
Market Value.

$1,170
701
1,222
460
2,358
2,000
2,250
1,100
1,935
5,697
3,863
6,330
762
3,772
740
880
3,192
3,105
1,000
1,890
1,300
4,300
8,174
1,900
3,645
2,667
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

$67,913 00

Amount Invested.

$1,000
700
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
4,300
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

$61,953 00

300

R E P O R T O F TH E

[Pub. D oc.

I p s w ic h S avings B a n k — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 4|s,
Boston & Lowell R.R. 5s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4is,
Maine Central R.R. 4is, .
Old Colony R.R. 4 s,.

Estimated
Market Value.

$10,000
1,000
10,000
15.000
10.000
25.000
20.000

$10,300
1,040
10,475
15,487
10,200
26,750
21,300

$91,000

$95,552 00

Amount Invested.

00
00
00
00
00
00
00

$10,000
1,000
10,000
15.000
10.000
25.000
20.000

00
00
00
00
00
00
00

$91,000 00

Total Amount o f Loans, with each Specified Rate o f Interest.
Amount.
$8,711 82
17,150 23

Kate.

2 per cent.
2h
“

Amount.
$2,000 00
11,500 00

Rate.

4 per cent.
5
“

Amount.
$13,550 00
213,812 00

Kate.

5J per cent.
6

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, 1894,
.
.
Number o f loans which are of an amount not exceeding $3,000 each,
201
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 204
Amount o f investments from which no income is received.................................
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894.............................................................................................

$6,602 60
7,130 00
136 50
194,162 00
7,300 00
23,500 07

Times for the dividends fixed by the by-law s: fourth Wednesday in Jan­
uary and July.
Rate and amount of each semi-anuual dividend f 2 per cent., $8,634 73 |
during the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
9,278 91 4
Number of accounts opened during the year ending Oct. 31, 1894,
. 326
Number of accounts closed during the year ending Oct. 31, 1894,
. 254
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,007
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of same, .
........................................................... 2,015
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................1,306
Date of examination by commissioner: April 6.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

„ gi3
’

1,434 59
135,276 15

97,541 02

No. 8 .]

301

SA Y IN G S B A N K COM M ISSION ERS

Ipswich. Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 31, 1894.
Mumher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,610

$27,363 46

177

14,733 61

91

13,531 78

84

27,993 45

25
28

15,708 78
35,945 07

2,015

$135,276 15

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

1,080
9

$58,568 64
995 77

61
24

12,848 53
7,159 76

302

R E P O R T O F TH E

[Pub. Doc,

LAW RENCE SAVINGS BANK — LAW RENCE.
Incorporated March 10,1868.

Present number o f corporators, 43.

H e z e k i a h P l u m m e r , President.

W m . W . S p a l d i n g , Treasurer.

W m . W . S p a l d i n g , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
H e z e k ia h P l u m m e r ,

R . H . T ew ksbury,

Jo h n R . P oo r ,

J. S. N e e d h a m .

A . E . M ack.

Open for business every business day, 9

a .m

. to 1 p . m . ; also Saturday, 7 to 8 p .m .

B a l a n c e S h e e t O c t o b e r 3 1 , 189 4 .

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
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

L ia b il it ie s .

$173,200
77,900
23,780
165,000

00
00
00
00

Deposits, .
Guaranty fund,
Interest account,

$1,048,631 77
25,300 00
38,866 32

33,000 00
420,860 00
131,950 00
7,500
69,904
1,280
8,422

00
67
60
82

$1,112,798 09

$1,112,798 09

Cash on Deposit in Banks, amount in each: —
Arlington National Bank, L a w r e n c e ,..................................................................... $29,904 67
Pacific National Bank, L a w r e n c e , .....................................................................
40,000 00

Loans on Bank Stock, amount on each : —
On 5 shares Pacific National Bank, Lawrence.........................................................$380 00
On 100 shares Arlington National Bank, L a w r e n c e ,........................................
On 80 shares Methuen National Bank, M e t h u e n , ........................................i
On 21 shares Bay State National Bank, L a w r e n c e , ....................................... j
On 17 shares Andover National Bank, A n d o v e r ,.................................................
On 5 shares Lawrence National Bank, L a w r e n c e , .......................................
On 40 shares Pacific National Bank, L a w r e n c e ,.................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

10,000 00
8,000 00
1,500 00
400 00
3,500 00

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

303

Lawrence Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Cleveland, Ohio, 5s,
of Concord, N. H., 4s,
of Dayton, Ohio, 5s, .
of Dayton, Ohio, 6s,
•of Detroit, Mich., 4s,
of Fall River, Mass., 6s, .
of Keene, N. H. 4s, .
of Lowell, Mass., 4s,
of Nashua, N. H., 4s,
of Pawtucket, R. I., 6s,
of Portsmouth, N. H , 4s,
of Saginaw, Mich., 4is, .
of Springfield, Ohio, 6s, .
of Waltham, Mass., 4s, .
Town of Danvers, Mass , 4s, .
United States 6s,
. . .
City of Akron, Ohio, 5s, .
County of Aroostook, Me., 4Js,
City of Bay City, Mich., 4s,
of Bay City, Mich., 5s,
of Bridgeport, Conn., 4s,
of Grand Rapids, Mich., 4^s, .
Town of Milford, N. H., 4s,
of Milwaukee, Wis., 5s, .

Estimated
Market Value.

$6,145
9,378
10.650
5,300
5,441
2,370
11,281
1,023
5,233
3,030
15,475
5,206
10,787
5,091
7,606
1,030
18,797
21,475
10,166
2,055
5,216
5,418
8,074
4,857

$6,000
9,000
10,000
5,000
5,000
2,000
11,000
1,000
5,000
3,000
15,000
5,000
10,000
5,000
7,500
1,000
18,200
20,000
10,000
2,000
5,000
5,000
8,000
4,500
$173,200

00
50
00
00
50
00
25
25
50
00
25
25
75
00
25
00
50
00
50
00
50
75
25
00

Amount Invested.

$6,000
9,000
10,000
5,000
5,000
2,000
11,000
1,000
5,000
3,000
15,000
5,000
10,000
5,000
7,500
1,000
18,200
20,000
10,000
2,000
5,000
5,000
8,000
4,500

00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$181,110 00 $173,200 00

* Legal investments when made.

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

20 Atlas National Bank, Boston,
20 Blackstone N’l Bank, Boston, .
55 Central Nat’l Bank, Boston,
24 Eliot National Bank, Boston, .
16 First Ward N’l Bank, Boston, .
95 Fourth National Bank, Boston,
15 Howard Natl Bank, Boston, .
56 Market National Bank, Boston,
20 Merchants’ Natl Bank, Boston,
10 National City Bank, Boston, .
27 N’l B’k of Commerce, Boston,
54 Nat’l Bank of the Commonwealth, Boston,
23 N’l B’k of No America, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$2,000
2,000
5,500
2,400
1,600
9,500
1,500
5,600
2,000
1,000
2,700
5,400
2,300

Estimated
Market Value.

$2,340
2,002
6,985
3,144
2,040
11,257
1,451
4,760
3,155
820
3,105

00
50
00
00
00
50
25
00
00
00
00

7,033 50
2,645 00

Amount Invested.

$2,000
2,000
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 00

304

R E P O R T O F TH E

[Pub. D oc.

Lawrence Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks— Concluded.

Par Value.

103 N’l Hide & Leather B’k, Boston,
51 State National Bank, Boston, .
58 Third National Bank, Boston, .
40 Tremont Nat’l Bank, Boston, .
59 Nat’l Webster Bank, Boston, .
20 Arlington N’l B’k, Lawrence, .
10 Lawrence N’l B’k, Lawrence, .

Estimated
Market Value.

$10,300
5,400
5,800
4,000
5,900
2,000
1,000

$11,072
6,264
5,205
3,520
5,900
2,560
1,200

$77,900

$86,460 75

50
00
50
00
00
00
00

Amount Invested.

$10,300
5,400
5,800
4,000
5,900
2,000
1,000

00
00
00
no
00
00
00

$77,900 00

Detailed Statement o f Railroad 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, .
Old Colony R.R. 4Js,
Portland & Ogdensburg R.R. 6s,
Portsmouth, Great Falls & Conway R.R. 4is,
.
.
.
.
Maine Central & European & North
American R.R. 4s,
. . .
Boston & Maine R.R. 4|s,

$10,000
50,000
10,000
10,000
20,000
5,000
20,000
5,000

Estimated
Market Value.

$10,792
51,133
10,200
10,367
20,783
5,250
20,975
5,600

00
00
00
50
50
00
00
00

Amount Invested.

$10,000
50,000
10,000
10,000
20,000
5,000
20,000
5,000

00
00
00
00
00
00
00
00

5,000

5,594 00

5,000 00

5,000
25,000

5,067 00
28,000 00

5,000 00
25,000 00

$165,000 $173,762 00 $165,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

Kate.

$69,904 67
47,500 00
10,000 00

3§ per cent.
4
4|
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$25,000 00
204,000 00
21,000 00

e.

4£ per cent.
5
“
“

Amount.

$272,380 00
2,600 00
1,610 00

Kate.

6
6i
7

per cent.
»
“

No. 8 .J

SA V IN G S B A N K COM M ISSION ERS.

305

Lawrence Savings Bank — Concluded.
Amount invested in real estate for banking p urposes,.......................................
Estimated value of the s a m e , ..............................................................................
Assessed value of the s a m e , ........................................................................................

$33,000 00
35,000 00
25,500 00

Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding S3,000 each, . 254
Aggregate amount of the same.....................................................................................
Total number of loans upon real e s t a t e , ................................................. 271

1,465 08

Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y -la w s: January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent., $18,246 82 1
during the year ending Oct. 31, 1894, .
.
1 2 per cent ,
18,763 03 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 915
Number of accounts closed during the year ending Oct. 31, 1894,
. 617
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,961

272,910 00

52,747 41

37,009 85

Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes).............................................................................................................

4,240 01

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

281,992 90

Number of s a m e , ........................................................................................ 4,519
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

226,143 62

Number o f s a m e , ........................................................................................ 2,586
Date of examination by commissioner: February 15.

Classification o f Deposits received during the Year ending Oct. 31, 1894.
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $ 100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

3,517

$58,824 08

522

42,903 59

206

32,097 09

170

61,153 47

58
46

41,014 67
46,000 00

4,519

$281,992 90

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
Of women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

1,425
29

$114,701 51
3,896 58

49
108

3,185 60
13,357 08

306

R E P O R T OF TH E

[Pub. D oc

LEE SAVINGS B A N K -L E E .

Incorporated March 5, 1852.

Present number of corporators, 52.

C h a r l e s C . B e n t o n , President.

J o h n L . K i l b o n , Treasurer.

J o h n L. K i l b o n , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
C. C. B e n t o n ,

C. C. H o l c o m b e ,

D e W it t S . S m i t h .

Open for business every business day, 9

B a l a n c e Sh eet O ctober

A

sse ts.

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, .
Deposits in banks, not on interest,

a .m

. to 3 p . m .

31, 1894.
L ia b il it ie s .

$51,753
174,840
3,240
83,962
5,980
246,960
179,103

75
00
00
50
10
00
00

Deposits, .
Guaranty fund,
Profit and loss
count, .

$705,656 00
35,600 00
ac­
37,656 29

1 0 ,2 0 0 00

175 00
16,000 00
6,697 94
$778,912 29

$778,912 29

Cash on Deposit in Banks, amount in each : —
Lee National Bank, Lee,
.
.
.
.
Pynchon National Bank, Springfield, .
Springfield National Bank, Springfield,

$6,697 94
8 ,0 0 0 00
8 ,0 0 0 0 0

Loans on Bank Stock, amount on each : —
On
On
On
On
On

7 shares Lee National Bank, Lee,
8 shares Lee National Bank, Lee,
3 shares Lee National Bank, Lee,
13 shares Lee National Bank, Lee,
10 shares Lee National Bank, Lee,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.
.
.
.
.

,

$650
700
300
590

00
00
00
00

1 ,0 0 0 00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

307

Lee Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Providence, R. I., 5s, .
of Springfield, Mass., 4s, .
Town of Rockingham, Vt., 4s,
District of Columbia 5s, .
United States 5s,
. . .

$1,000
10,000
10,000
10,000
2,500
10,000
7,000
$50,500

Estimated
Market Value.

$1,160
11,950
11,375
10,400
2,512
10,550
8,330

00
00
00
00
50
00
00

$56,277 50

Amount Invested.

$1,000
10,000
10,000
10,000
2,500
10,000
8,253

00
00
00
00
00
00
75

$51,753 75

No. of
Shares.

Detailed Statement o f Bank Stocks.
Estimated
Market Value.

Amount Invested.

I

Par Value.

54
40
40
10
30
30
20
100
10
30
20
30
60
20
100
50
30
70
70
40
26
30
180
70
150
40
20
40

First Nat’l Bank, Adams,
First Nat’l Bank, Amherst,
Birmingham National Bank,
Birmingham, Conn., .
Atlantic Nat’l Bank, Boston, .
Atlas National Bank. Boston, .
Continental Nat’l B’k, Boston,
Everett National 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 B’k, Boston, .
N’l B’k of Commerce, Boston,
Nat’l Bank of the Common­
wealth, 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,
National Revere Bank, Boston,
Nat’l Webster Bank, Boston, .
City N’l B’k, Bridgeport, Conn.,
Lee Nat’l Bank, Lee,
Adams N’J Bank, No. Adams,
Pittsfield Nat’l Bank, Pittsfield,
Agawam N’l B’k, Springfield,
First Nat’l Bank, Springfield,.
Pynchon N’l Bank, Springfield,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$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

7,000
1,227
3,510
3,450
1,665
23,500
1,105
2,850
2,320
3,495
6,950

00
50
00
00
00
00
00
00
00
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
OO
00
00
00
00
00
00
00
00
00

2,000
10,000
5,000
3,000
7,000
7,000
4,000
2,600
3,000
18,000
7,000
15,000
4,000
2,000
4,000

2,605
11,5(10
6,125
4,770
5,600
7,525
8,800
2,600
4,650
24,300
8,400
19,500
4,000
2,360
5,600

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
2,600
4,000
18,000
7,000
18,500
4,000
2,000
5,740

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

308

R E P O R T O F TH E

[Pub. D oc.

Lee Savings Bank — Continued.

No. ot
Shares.

Detailed Statement o f Bank Stocks— Concluded.

30
30
75
30

Second N’l Bank, Springfield,
Chicopee JN’l B’k, Springfield,
Housatonic Nat'l Bank, Stockbrid ge,..................................
Springfield N’lB ’k, Springfield,

Par Value.

Estimated
Market Value.

$3,000
3,000

$3,900 00
4,500 00

$4,000 00
5,250 00

7,500
3,000

10,875 00
3,750 00

9,500 00
3,750 00

Amount Invested.

$157,500 $207,532 50 $174,840 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Lowell R.R 4s,
Concord & Montreal R.R. 4s, .
Maine Central R.R. 7s, .
Old Colony R.R. 4s,
. . .

Estimated
Market Value.

$25,000
20,000
10,000
25,000

$25,375
20,400
13,500
26,375

$80,000

$85,650 00

Amount Invested.

00
00
00
00

$25,062
20,000
13,900
25,000

50
00
00
00

$83,962 50

Total Amount of Loans, with Each Specified Rate o f Interest.

Amount.

$ 8 ,0 0 0 00
8 ,0 0 0 00

líate.

Amount.

3 per cent.
4
“

$266,975 00

Rate.

5 percent.

Amount.

$172,703 00

Rate.

6

per cent.

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the same, ........................................................................................

$5,980 10
3,200 00

Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each,
239
Aggregate amount of tne same......................................................................................

508 07

Total number of loans upon real e s t a t e , ................................................. 2 12
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 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: May 31 and November 30.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

193,168 00
600 0 0
37,217 64

No. 8 .]

309

SA Y IN G S B A N K COM M ISSION ERS.

Lee Savings Bank —

C oncluded.

Rate and amount of each semi-annual dividend f 2 per cent., $13,439 79 }
$26,765 04
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 13,325 25 i
Number of accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31, 1894,
.
.
.
.

. 279
. 234
2,129

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

110,197 75

Number o f s a m e , ........................................................................................1,463
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

124,438 47

3,592 60

Number of s a m e , ........................................................................................ 1,371
Date o f examination by commissioner : August 17.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

1,035

$22,272 34

235

18,953 24

94

14,392 58

56

19,850 04

28
15

19,574 47
15,155 08

1,463

$110,197 75

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Amount.

656
1

$50,521 98
15 00

31
40

676 18
4,868 94

310

R E P O R T O F TH E

[Pub. Doc.

LEICESTER SAVINGS BANK — LEICESTER.

Incorporated April 17, 1869.

Present number o f corporators, 29.

L o r y S . W a t s o n , President.

J. C. W

P a r k m a n T . D e n n y , Treasurer.

Clerk o f the Corporation.

atson,

Names of committee charged with the investment of its funds:
L o r y S. W a t s o n ,

D e x t e r K n ig h t ,

Charles A . D e n n y,

Jo h n N . M u r d o c h ,

T h eo . E . W oolcock,

A lonzo B . D a v id s o n ,

E . W . Co n a n t .

Open for business every business day, except Saturdays, 9
Saturdays, 9 a .m . to 1 p .m .

B a l a n c e Sh e e t O ctober

A ssets.

Public funds as per schedule,
.
Loan on public funds,
Bank stock as per schedule,
Railroad bonds as per schedule,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in bank, on interest,
Expense account,
Premium account,

a .m

. to 1 p . m ; 2 to 4 p . m .

31, 1894.

L ia b il it ie s .

$223,000 00
1 ,0 0 0 00

41,463
69,000
172,379
31,677

69
00
43
00

18,692
10,337
325
1,410

00
79
22
48

Deposits, .
Guaranty fund,
Interest account,

$569,285 61

$536,520 08
18,368 67
14,396 86

$569,285 61

Cash on Deposit in Bank : —
Leicester National Bank, L e i c e s t e r , .................................................

$ 1 0 ,3 3 7 79

Loan on Public Funds : —
On $1,000 United States 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 1,000 00

No. 8 .]

311

SA Y IN G S B A N K COM M ISSION ERS

Leicester Savings Bank — Continued.
Detailed Statement o f Public Funds.

Far Value.

Town of Beverly, Mass., 4s, .
of Braintree, Mass., 4s, .
of Clinton, Mass., 4s,
of Great Barrington, Mass., 4s,
of Holbrook, Mass , 4s, .
of Orange, Mass., 4s,
of Randolph, Mass., 4 s,.
City of Boston, Mass., 4s,
of Chelsea, Mass., 6s,
of Chelsea, Mass., 4s,
of Cleveland, Ohio, 4s,
of Columbus, Ohio, 4s,
of Dayton, Ohio, 4 s,.
of Dayton, Ohio, 6 s,.
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 4^3, .
of Lawrence, Mass., 4s, .
of Lynn, Mass., 4s, .
of Lowell, Mass., 4s,
of Manchester, N. H., 6s,
of Waltham, Mass., 4s,
of Waterburv, Conn., 4s, .
of Worcester, Mass., 4|s,.
of Bay City, Mich., 4s,
of New Britain, Conn., 4s,
Town of No. Attleboro’, Mass., 4s, .
of Leicester, Mass., 4s, .

f 10,000
5,000
11,000
5,000
10,000
18,000
24,000
5,000
8,000
5,000
5,000
10,000
5,000
5,000
1,000
8,000
10,000
9,000
10,000
1,000
12,000
5,000
4,000
15,000
5,000
5,000
12,000

Estimated
Market Value.

$10,400
5,250
11,242
5,250
10,450
18,510
24,960
5,100
8,040
5,100
5,100
10,000
5,000
5,225
1,100
8,720
10,250
9,525
10,450
1,140
12,480
5,087
4,360
15,400
5,125
5,200
12,357

00
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
30

Amount Invested.

$10,000
5,000
11,000
5,000
10,000
18,000
24,000
5,000
8,000
5,000
5,000
10,000
5,000
5,000
1,000
8,000
10,000
9,000
10,000
1,000
12,000
5,000
4,000
15,000
5,000
5,000
12,000

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

$223,000 $230,821 80 $223,000 00
*

Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10 Continental N’l Bank, Boston,
30 Eliot National Bank, Boston, .
15 Market National Bank, Boston,
20 North National Bank, Boston,
20 Nat’l Webster Bank, Boston, .
50 N'l Hide & Leather B’k, Boston,
15 National Revere Bank, Boston,
12 N’l B’k of No. America, Boston,
20 National Bank of the Commonwealth, Boston,
50 State National Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$1,000
3,000
1,500
2,000
2,000
5,000
1,500
1,200
2,000
5,000

Estimated
Market Value.

$1,150
3,930
1,275
2,320
2,000
5,375
1,428
1,380

00
00
00
00
00
00
75
00

2,605 00
5,800 00

Amount Invested.

$1,150
3,610
1,770
2,425
2,000
5,951
1,925
1,346

00
00
04
00
00
40
00
00

2,100 00
5,397 50

312

R E P O R T O F TH E

[Pub. D oc

Leicester Savings Bank — Continued.

No. of
Shares.

Detailed Statement of Bank Stocks — Concluded.

25
47-1
11
10
25

Par Value.

Howard Nat’l Bank, Boston, .
Leicester N’l Bank, Leicester,
Millbury N’l Bank, Mill bury,.
Oxford Nat’l Bank, Oxford, .
Central NT Bank, Worcester,.

$2,500
4,750
1,100
1,000
2,500
$36,050

Estimated
Market Value.

$2,418
7,125
1,100
1,050
3,625

Amount Invested.

75
00
00
00
00

$2,635
5,261
1,314
1,050
3,525

$42,582 50

00
25
50
00
00

$41,463 69

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R 4 s,.
Boston & Providence R.R. 4 s ,.
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. 4s, .
Upper Coos R.R. 4s,
. . .
Vermont & Massachusetts R.R. 5s,.

$7,000
20,000
5,000
3,000
4,000
3,000
3,000
4,000
5,000
5,000
10,000
$69,000

Estimated
Market Value.

$7,095
20,400
5,250
3,630
3,920
3,030
3,105
4,120
5,250
4,900
10,800

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00

$71,500 00

$7,000
20,000
5,000
3,000
4,000
3,000
3,000
4,000
5,000
5,000
10,000

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.

$10,337 79
19,662 00

Rate.

2 per cent.

4

“

Amount.

$ 8 ,0 0 0 00
151,957 00

Rate.

4¿ per cent.
5
“

Amount.

$1,800 00
42,329 43

Rate.

5J per cent.
6

Number of loans which are of an amount not exceeding $3,000 each, . 134
Aggregate amount of the s a m e , ...............................................................................$126,956 43
Total number of loans upon real e s t a t e , ................................................. 135
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 4 , .....................................................................
Times for the dividends fixed by the by-law s: June 1 and December 1.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

24,080 21

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

313

Leicester Savings Bank — Concluded.
Rate and amount of each semi-annual dividend r 2 per cent., $9,644 16 1
$19,389 52
during the year ending Oct. 31, 1894,
.
j 2 per cent., 9,745 36 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 133
Number of accounts closed during the year ending Oct. 31, 1894,
.
92
Total number of open accounts Oct. 31,1894,
.
.
.
.
1,125
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ............................................................................................... 636
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

1,171 25
80,958 72

65,554 85

Number of same.....................................................................................................741
Date of examination by commissioner: March 8 .

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
Of $50 and less,
Exceeding $50 and
more than $100,
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
.
O f $1,000 or more, .

N um ­
ber.

Amount.

404

$8,498 17

90

7,645 68

41

6,677 13

56

20,343 09

26
19

18,794 65
19,000 00

636

$80,958 72

not
not
not

To the credit —
Of women, both adult
and minor,
O f religious and chari­
table associations, .
In trust, .
.
.
.

less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

’

Amount.

251

$35,558 56

6
16

199 53
2,680 81

314

R E P O R T O F TH E

[Pub. D oc.

LENOX SAVINGS B A N K — LENOX.
Incorporated April 4, 1890.

Present number of corporators, 9.

H enry Sedgwick , President.
E dward M cD onald, Treasurer.
M. A. Brown, Clerk o f the Corporation.

Names of committee charged with the investment of its funds :

T homas P ost,

R. H. W alker ,
H . Sedgwick .

C. R . B ond,

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, 1894.

A ssets.

Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, not on interest,
Expense account,

L ia b il it ie s .

$29,522
500
5,143
108.100

00
00
06

00
8 ,0 0 0 00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .

$163,926 80
915 74
828 79
643 21

10,500 00
4,540 23
9 25
$166,314 54

$166,314 54

Cash on Deposit in Bank : —
Lenox National Bank, L e n o x , .............................................................................. $4,540 23
Loan on B ank,Stock: —
On 5 shares Lenox National Bank, L e n o x ,...........................................................$500 00

■ No. o f
Shares.

Detailed Statement o f Bank Stocks.

10
10
12
10

Par Value.

C h a p in N ’ l B a n k , S p r in g fie ld ,
C ity N a t ’l B a n k , S p r in g fie ld , .
C h ic o p e e N ’ l B ’k , S p r in g fie ld ,
S econ d N a t ’ l B ’k , S p rin g fie ld ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 1 ,0 0 0
1 ,00 0
1 ,2 0 0
1 ,00 0

Estimated
Market Value.

$ 1 ,5 5 0
1,55 0
2 ,1 0 0
1 ,5 5 0

00
00
00
00

Amount Invested.

$ 1 ,5 5 0
1 ,5 5 0
2 ,1 0 0
1 ,55 0

00
00
00
00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

315

L e n o x S a v in g s B a n k — C on tin u ed .

No. of
Shares.

Detailed Statement o f Bank Stocks —

18
22
5
9
10
10
85
11
12
27

M e c h a n ic s1 N ’l B ’k , W o r c e s te r ,
P ittsfie ld -N’ l B a n k , P ittsfield,
P a lm e r N a t 'l B a n k , P a lm e r, .
J o h n H a n c o c k N a tio n a l B a n k ,
S p r in g fie ld ,
W a r e N a tio n a l B a n k , W a r e , .
F ir s t N a tio n a l B ’k , W o r c e s te r ,
L e n o x N a t’l B a n k , L e n o x , . .
A g r ic u ltu r a l N ’ l B ’k , P ittsfield,
H o u sa to n ic
N a tio n a l
Bank,
S to c k b rid g e ,
L e e N a tio n a l B a n k , L e e ,

C o n c lu d e d .

Par Value.

Estimated
Market Value.

$ 1 ,8 0 0
2 ,2 0 0
500

$ 1 ,8 0 0 0 0
2 ,7 5 0 00
7 7 5 00

Amount Invested,

$ 1 ,8 0 0 0 0
3 ,4 2 0 0 0
775 00

900
1,00 0
1,00 0
3 ,5 0 0
1,100

1 ,1 7 0
1 ,2 0 0
1 ,9 0 0
4 ,3 7 5
2 ,9 1 5

00
00
00
00
00

1 ,20 0
2 ,70 0

2 ,0 1 0 00
3 ,6 4 5 0 0

2 ,0 1 0 0 0
3 ,6 0 6 0 0

$ 2 0 ,1 0 0

$ 2 9 ,2 9 0 00

$ 2 9 ,5 2 2 0 0

1 ,1 7 0
1 ,2 0 0
1 ,9 0 0
4 ,2 2 0
2 ,6 7 1

00
00
00
00
00

Detailed Statement o f Railroad Bonds.

F itc h b u r g R .R . 5 s,

.

Par Value.

Estimated
Market Value.

$ 5,000

$ 5 ,2 3 7 5 0

Amount Invested.

$ 5 ,1 4 3 06

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$10,500 00

Hate.

4 per cent.

Amount.

$69,100 00

Rate.

5 per cent.

Amount.

$47,500 00

Rate.

6

per cent.

Number o f loans which are of an amount not exceeding $3,000 each,
29
Aggregate amount of the s a m e , ...............................................................................$31,085 00
Total number of loans upon real e s t a t e , ................................................. 41
Amount of investments from which no income is received, .
.
.
.
1,900 00
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
7,287 42
Times for the dividends fixed by the b y-law s: first Tuesday in January
and July.
Rate and amount of each semi-annual dividend f 2 per cent.,
during the year ending Oct. 31, 1894,
.
. i2pe rce n t.,

$2,688 94 7
2,864 83 i

Number of accounts opened during the year ending Oct. 31, 1894,
. 162
Number of accounts closed during the year ending Oct. 31, 1894,
.
92
Total number o f open accounts Oct. 31, 1 8 9 4 , ....................................... 553


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

5553

’

77

316

R E P O R T O F TH E

[Pub. D oc

L e n o x S a v in g s B a n k — C oncluded .
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes)..............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 825
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , .................................................................................................. 395
Date of examination by commissioner : August 16.

$9 52
51,457 14

36,911 74

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Number.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or .more, .
Totals,

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

599

$14,225 98

138

11,854 46

56

8,760 37

21

7,136 25

5
6

3,480 08
6,000 00

825

$51,457 14

not
not
not
less

.

Number.

Amount.

T o the credit —
O f women, both adult
and minor,
Of religious and charitable associations, .
In trust, .
.
.
.

Amount.

275

$14,896 80

3
3

1,434 25
287 00

No. 8 .]

317

SA Y IN G S B A N K CO M M ISSION ERS

LEOMINSTER SAVINGS BANK — LEOMINSTER.
Incorporated March 16, 1865.

Present number of corporators, 35.

J. G. T enney , President.

A. L . Burditt, Treasurer.
A. L . Burditt , Clerk o f the Corporation.

Names o f committee charged with the investment o f its fu n d s:

G eo. H all ,
Chas . C. B oyden,
H amilton M ayo ,
A. L . B urditt,
Clesson K enney .
Open for business every business day, except Saturdays, 9 a . m . to 12 m .; 1 to 3 p . m .;
Saturdays, close at 2 p . m .

B a l a n c e S h e e t O c t o b e r 31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Loans on public funds,
Bank stock as per schedule,
Loans on bank sto c k ,.
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposit in bank, on interest,
Cash on hand,
.
.
.
.

$ 1 0 1 ,0 0 0
150
62,710
4,650
29,500
24,000
600
541,892
132,635
3,500
125
22,736
586

00

00
00
00
00

Deposits, .
Guaranty fund,
Interest account,

$861,173 97
40,000 00
22,910 79

00
00

15
00
00
00
16
45

$924,084 76

$924,084 76

Cash on Deposit in B a n k : —
Leominster National Bank, L e o m i n s t e r , ........................................................... $22,736 16
Loan on Public F u n d s: —
On $200 United States 4s.................................................................................................

$150 00

Loans on Bank Stock, amount on each : —
On 25 shares Central National Bank, L y n n ,...........................................................$1,000 00
On 55 shares Leominster National Bank, Leominster,........................................
3,650 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

318

E E P O E T O F TH E

[Pub. D oc

L e o m i n s t e r S a v i n g s B a n k — Continued.

Detailed Statement o f Public Funds.

Par Value.

C ity o f B ro ck to n , M a s s ., 4 s,
o f C h ic a g o , 111., 4 s , .
o f F a ll R iv e r , M a s s ., 4 s , .
o f M e r id e n , C o n n ., 4 s,
o f Q u in c y , M a s s ., 4 s,
T o w n o f L e o m in ste r , M a s s ., 4 s,
o f P ea b o d y , M a s s ., 4 s, .
o f R e a d in g , M a s s ., 4 s , .

Estimated
Market Value.

1 8 ,0 0 0
2 5 ,0 0 0
1 1 ,0 0 0
1 0 ,0 0 0
1 0 ,0 0 0
2 1 ,0 0 0
6 ,0 0 0
1 0 ,0 0 0
$ 1 0 1 ,0 0 0

$ 8 ,0 0 0
2 6 ,0 0 0
1 1 ,2 2 0
1 0 ,2 0 0
1 0 ,2 0 0
2 1 ,2 1 0
6 ,0 0 0
1 0 ,2 0 0

00
00
00
00
00
00
00
00

$ 1 0 3 ,0 3 0 00

Amount Invested,

$ 8 ,0 0 0
2 5 ,0 0 0
1 1 ,0 0 0
1 0 ,0 0 0
1 0 ,0 0 0
2 1 ,0 0 0
6 ,0 0 0
1 0 ,0 0 0

00
00*
00
00
00
00
00
00

$ 1 0 1 ,0 0 0 0 0

* A legal investment when made.

No. o f I
Shares. 1

Detailed Statement o f Bank Stocks.

50
62
27
61
10
3
25
34
20
15
17
2
1
20
30
9
80
160
20

Par Value.

N a tio n a l W e b s t e r B ’k , B o sto n ,
B o sto n N a t ’l B a n k , B o sto n ,
C e n tra l N a t ’l B a n k, B o sto n , .
G lo b e N a t’l B a n k , B o sto n ,
M a rk e t N a t ’l B a n k , B o sto n ,
.
B la c k sto n e N a t’l B a n k , B o sto n ,
E li o t N a t ’l B a n k , B o sto n ,
E v e r e tt N a t’ l B a n k , B o sto n ,
.
C o n tin e n ta l N ’l B a n k , B o ston ,
B o y lsto n N a t’ l B a n k , B o sto n , .
N a tio n a l E a g le B a n k , B o sto n ,
S h oe & L e a th e r N ’l B ’ k, B o ston ,
W in th r o p N ’l B a n k , B o sto n , .
N ’l B ’k o f the C o m m o n w e a lth ,
B o sto n ,
.
.
.
.
N ’l B ’k o f N o A m e r ic a , B o sto n ,
N ’l B ’ k o f C o m m e r c e , B o sto n ,
S a fe ty Fund N ’ l B ’ k, F itc h b u rg ,
L e o m in ste r N ’l B ’ k, L e o m in ste r,
C ro c k e r N a t ’l B a n k , T u rn e r 's
F a l l s , ..............................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$ 5 ,0 0 0
6 ,2 0 0
2 ,7 0 0
6 ,1 0 0
1,00 0
300
2 ,5 0 0
3 ,4 0 0
2 ,0 0 0
1 ,50 0
1 ,7 0 0
200
100

$ 5 ,0 0 0
6 ,2 0 0
3 ,4 2 9
5 ,4 9 0
890
300
3 ,2 7 5
2 ,8 2 2
2 ,3 0 0
1 ,87 5
1,411
180
116

00
00
00
00
00
00
00
00
00
00
00
00
00

$ 5 ,0 0 0
5 ,8 9 0
2 ,7 0 0
5 ,4 8 0
850
285
2 ,5 0 0
2 ,8 9 0
2 ,0 0 0
1 ,5 0 0
1 ,4 4 5
170
100

00
00
00
00
00
00
00
00
00
00
00
00
00

2 ,0 0 0
3 ,0 0 0
9 00
8 ,0 0 0
1 6,0 0 0

2 ,6 0 0
3 ,4 5 0
1 ,0 3 5
8 ,8 0 0
1 6 ,8 0 0

00
00
00
00
00

2 ,0 0 0
3 000
900
8 ,0 0 0
1 6 ,0 0 0

00
00
00
00
00

2 ,0 0 0

2 ,4 0 0 00

2 ,0 0 0 0 0

$ 6 4 ,6 0 0

$ 6 8 ,3 7 3 0 0

$ 6 2 ,7 1 0 0 0

No. 8 .]

319

SA Y IN G S B A N K COM M ISSION ERS.

L e o m i n s t e r S a v in g s B a n k —

Continued.

Detailed Statement o f Railroad Bonds.

B o sto n & M a in e R .R . 4 s , .
F itc h b u r g R .R . 4 s , .
.
F itc h b u r g R .R . 5 s , .

.

.

Par Value.

Estimated
Market Value.

Amount Invested.

$ 1 5 ,0 0 0
1 0 ,0 0 0
5 ,0 0 0

$ 1 5 ,0 0 0 0 0
9 .5 0 0 0 0
5 .5 0 0 0 0

$ 1 5 ,0 0 0 0 0
9 ,5 0 0 0 0
5 ,0 0 0 0 0

$ 3 0 ,0 0 0

$ 3 0 ,0 0 0 0 0

$ 2 9 ,5 0 0 0 0

Total Amount o f Loans, with Each Specified Rate of Interest.

Bate.

Amount.

$22,736 16
3,600 00

2

per cent.

4

“

Amount.

Rate.

Amount.

$235,504 00
66,445 00

5 per cent.
5h
“

$377,403 15

Rate.

6

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, 1894,
Value, by books, of other real estate held or owned by foreclosure or

per cent.

$24,000
24.000
17.000
1,449

00
00
00

91

o t h e r w i s e ,.....................................................................................................................
Assessed value o f the s a m e ,........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, 453

600 00
600 00
50 00

Aggregate amount of the same......................................................................................
Total number of loans upon real e s t a t e , ................................................. 449
Gross amount of interest or profits received or earned, as per books, dur­

414,552 15

ing year ending Oct. 31, 1894.....................................................................................
Times for the dividends fixed by the b y-la w s: January 1 and July 1.
Rate and amount of each semi-annual dividend J 2 per cent., $15,693 36 )
during the year ending Oct. 31, 1894,
.
. i2 p e rce n t., 15,896 21 J

47,001 44

31,589 57

Number of accounts opened during the year ending Oct. 31, 1894,
. 513
Number of accounts closed during the year ending Oct. 31, 1894,
. 321
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,025
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Am ount of deposits, not including dividends, received during the year

1,989 84

ending Oct. 31, 1894.......................................................................................................
Number o f same..............................................................................................1,951
Amount of withdrawals, including dividends, during the year ending Oct.

168,203 18

31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , ........................................................................................ 1,928
Date of examination by commissioner: March 13.

148,223 22


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

320

R E P O R T O F TH E

L e o m in s t e r S a v in g s B a n k —

[Pub. D oc

Concluded.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

not
not
not
less

Num­
ber.

Amount.

1,248

$27,985 45

343

20,468 58

125

19,809 33

161

40,252 61

45
29

30,561 23
29,125 98

1,951

$168,203 18

Num­
ber.
T o the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

Amount.

1,024
5

$75,543 08
2,065 00

24
30

6,019 62
8,659 70

No. 8 .]

321

SA Y IN G S B A N K CO M M ISSION ERS.

L E X IN G T O N

S A V IN G S

Incorporated March 11, 1871.

B A N K — L E X IN G T O N .

Present number of corporators, 39.

B radley C. W hitcher , President.
James E. Crone, Treasurer.
A ugustus E. Scott, Clerk o f the Corporation.

Names of committee charged with the investment o f its fu n d s:

L eonard A. Saville ,
W alter W ellington,
L yman L awrence ,
E dwin S. Spaulding ,
B radley C. W hitcher .

Open for business Wednesday, 3.30 to 6 p .m . ; Saturday, 3.30 to 7 p .m .

B a l a n c e Sh e e t O c t o b e r 31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Loan on public funds,
Loan 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
( n o t e s ) , .......................................
Deposit in bank, on interest,
Expense account,
Cash on hand,
.

$20,318 75
25,000 00
2 ,0 0 0 00

39.500 00
2 ,0 0 0 00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .

$308,671 0 0
9,405 61
3,146 68
2,582 50

201,061 15
16,400 00
1 0 ,0 0 0 00

5,251 16
90 92
2,183 81
$323,805 79

$323,805 79

Cash on Deposit in B a n k : —
Fourth National Bank, B o s t o n , ...............................................................................$5,251 16

Loan on Public Funds : —
On $26,000 City of Boston, M ass., 4 s , ..................................................................... $25,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

322

R E P O R T O F TH E

[Pub. D oc

L e x i n g t o n S a v in g s B a n k — C ontinued.
Loan on Bank Stock : —
On 15 shares Merchants’ National Bank, B o s t o n , ........................................I
On 10 shares National Bank o f North America, Boston,
.
.
.
. j

* 2 000 00
^ ’

Loan on Railroad Bonds : —
On $2,000 Eastern R .R . 6 s , .........................................................................................$2,000 00

Detailed Statement o f Public Funds.

Par Value.

C ity o f
C o u n ty
C ity o f
of

C o n c o r d , N . H ., 4s,
o f A r o o s to o k , M e ., 4 | s,
C le v e la n d , O h io , 5 s,
M ilw a u k e e , W i s ., 5 s , .

$ 5 ,0 0 0
5 .0 0 0
5 .0 0 0
5 .0 0 0
$ 2 0 ,0 0 0

Estimated
Market Value.

$ 5 ,2 0 0
5 ,3 1 8
5 ,4 2 5
5 ,4 7 5

00
75
00
00

$ 2 1 ,4 1 8 7 5

Amount Invested.

$ 5 ,0 0 0
5 ,3 1 8
5 .0 0 0
5 .0 0 0

00
75
00
00

$ 2 0 ,3 1 8 7 5

Detailed Statement o f Railroad Bonds.

Par Value.

B o sto n & L o w e ll R .R . 4 s,
B o sto n , R e v e re B e a c h & L y n n R R . 6 s,
C h e sh ire R R . 6s,
C o n cord & M o n tr e a l R .R . 4 s , .
L o w e ll & L a w re n c e R .R . 6 s, .
M a in e C e n tra l R .R . 4-^s, .
P o r tla n d & O g d e n s b u r g R .R . 6 s,
B o sto n & M a in e R .R . 4*-s,
C o n n . & P a ssu m p sic R iv e r s R .R . 4 s,

$ 6 ,0 0 0

Estimated
Market Value.

Amount Invested.

5 .0 0 0

$ 6 ,0 6 0 00
2,100 0 0
1 ,06 0 0 0
5 .1 0 0 0 0
2.100 00
3 ,6 7 5 00
5 ,5 0 0 00
1 1 ,0 5 0 0 0
5 ,0 5 0 00

$ 6 ,0 0 0 0 0
2,000 0 0
1,000 0 0
5 .0 0 0 0 0
2.000 0 0
3 ,5 0 0 0 0
5 .0 0 0 0 0
10,000 0 0
5 .0 0 0 0 0

$ 3 9 ,5 0 0

$ 4 1 ,6 9 5 0 0

$ 3 9 ,5 0 0 00

2,000
1,000
5 .0 0 0

2.000
3 ,5 0 0
5 .0 0 0

10,000

Total Amount of Loans, with Each Specified Rate o f Interest.
Amount.
«
$5,251 16
3,000 00

Kate.

3 per cent.
3à “


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$32,000 00
19,200 00

Rate.

Amount.

4 per cent.
5
“

$202,161 15
100 00

Kate.

6

per cent.

73
'To

“

No. 8 .]

323

SA Y IN G S B A N K COM M ISSION ERS

L e x i n g t o n S a v in g s B a n k — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,

101

Aggregate amount of the s a m e , ............................................................................... $154,961
Total number of loans upon real e s t a t e , ................................................. 94
Gross amount of interest or profits received or earned, as per books, dur­
17,300
ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Time for the dividends fixed by the b y-la w s: third Wednesday in April
and October.
Rate and amount of each semi-annual dividend f 2£ per cent., $6,952 38 1
12,778
during the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
5,826 02 J
Number of accounts opened during the year ending Oct. 31, 1894,
156
Number of accounts closed during the year ending Oct. 31, 1894,
95
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
1,111
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
850
clusive of taxes),
..................................................................................................

15

60

40

16

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 1,149
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ...............................................................................................744
Date of examination by commissioner: January 18.

68,683 73

61,120 09

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num­
ber.

•

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

890

$16,970 99

128

10,760 72

66

9,921 10

45

15,018 32

14
6

9,652 60
6,360 00

1,149

$68,683 73

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Num­
ber.

Amount.

T o the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

546
1

$29,973 65
300 00

27
58

1,774 83
5,208 05

324

R E P O R T O F TH E

L O W E L L F IV E

CENTS

S A V IN G S

Incorporated April 12, 1854.

[Pub. D oc.

BANK — LOW ELL.

Present number of corporators, 62.

W illiam S. Southworth, President.
A ustin K. Chadwick , Treasurer.
A ustin K . Chadwick , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :

G eo. F . P enniman ,
George S. Chenet ,
A rthur Staples,

John H . M cA lvin ,
A lbion C. T aylor ,
A ustin K . Chadwick .

Open for business every business day, 9 a .m . to 1 p .m . ; also Saturday, 7 to 9 p . m.

B

alance

S h e e t O c t o b e r 3 1, 1894.

A ssets.

Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking pur­
poses)...............................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , ........................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

L ia b il it ie s .

$179,720 00
15.000 00
75.000 00
65.000
3,000
792,441
525,550

00
00
67
00

Deposits, .
Guaranty fund,
Profit and loss ac­
count,
Premium account, .

$1,569,538 89
66,500 00
62,083 54
653 00

25.000 00
15,790 55
2,273 21
$1,698,775 43

$1,698,775 43

Cash on Deposit in Banks, amount in each: —
Prescott National Bank, L o w e l l , .......................................
Appleton National Bank, L o w e ll,.......................................
National Bank of the Commonwealth, Boston,

$1,275 44
14,423 14
91 97

Loans on Bank Stock, amount on each: —
On 23 shares Prescott National Bank, Lowell,
On 7 shares Old Lowell National Bank, Lowell, .
On 14 shares Appleton National Bank, Lowell,
.
On 34 shares Rollstone National Bank, Fitchburg,
On 1 share Old Lowell National Bank, Lowell,
On 1 share First National Bank, Lowell,
On 2 shares Crocker National Bank, Turner’s Falls,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$2,600 0 0
2,000 00
400 00

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS.

325

Lowell Five Cents Savings Bank — Continued.
On
On
On
On

3 shares Old Lowell National Bank, L o w e l l ,.................................................
15 shares First National Bank, L o w e l l , ...........................................................
15 shares Railroad National Bank, L o w e l l , ...................................................
44 shares Merchants’ National Bank, L o w e ll,.................................................

On 9 shares Prescott National Bank, Lowell,
.
.
.
.
.
.
On 25 shares Railroad National Bank, L o w e l l , ...................................................

$ 2,200

00

7,800 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

44
33
40
52
60
40
70
30
50
20
17
20
5
50
60
50
22
20
40
10
5
90
100
10
27
25
60
5
20
92
71
40
20
85
35
83
135
78

Par Value.

Atlas National Bank, Boston, .
Blackstone Nat’l B’k, Boston,.
Boston National B’k, Boston, .
Boylston Nat’l Bank, Boston, •
National City Bank, Boston, .
National Bank of Commerce,
Boston,
.
.
.
.
Continental Nat’l B’k, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
Everett National Bank, Boston,
Nat’l Exchange Bank, Boston,
National Bank of the Commonwealth, Boston, .
Faneuil Hall N’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Merchants’ N’l Bank, Boston,
North Nat’l Bank, Boston,
N’l B’k of No. America, Boston,
N’l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Nat’l Revere Bank, Boston, .
Second Nat’l Bank, Boston, .
Shoe & Leather N ’l Bk, Boston,
Shawmut Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Union Bank, Boston,
Washington Nat'l B’k, Boston,
First Nat’l Bank, Lowell, . .
Merchants’ Nat’l Bank, Lowell,
Old Lowell Nat’l B’k, Lowell,
Prescott Nat’l Bank, Lowell, .
Railroad Nat’l Bank, Lowell,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$4,400
3,300
4,000
5,200
5,000

$5,148
3,300
4,160
6,500
4,100

00
00
00
00
00

$4,400
3,300
4,000
5,200
5,000

00
00
00
00
00

4,000
7,000
3,000
5,000
2,000
1,700

4,600
8,540
2,490
6,550
1,660
2,142

00
00
00
00
00
00

4,000
7,000
3,000
5,000
2,000
1,700

00
00
00
00
00
00

2,000
500
5,000
6,000
5,000
2,200
2,000
4,000
1,000
' 500
9,000
10,000
1,000
2,700
2,500
6,000
500
2,000
9,200
7,100
4,000
2,000
8,500
3,500
8,300
13,500
7,800

2,580
645
5,000
5,400
5,500
2,354
1,920
3,120
1,570
565
10,440
12,500
1,590
2,565
4,625
5,400
665
2,320
9,200
6,248
5,320
2,180
14,450
5,250
9,960
20,250
9,360

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

2,000
500
5,000
6,000
5,000
2,200
2,000
4,000
1,000
500
9,000
10,000
1,000
2,700
2,500
6,000
500
2,000
9,200
7,100
4,000
2,000
11,305
3,500
10,375
16,740
9,000

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

$170,400 $200,167 00 $179,720 00

R E P O R T O F TH E

326

[Pub. D oc

Lowell Five Cents Savings Bank —

C ontinued.

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .

Estimated
Market Value.

Amount Invested.

$20,000
40.000
15.000

$20,000 00
42,500 00
15,900 00

$20,000 00
40.000 00
15.000 00

$75,000

$78,400 00

$75,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$91
15,698
283,000
50,000

Rate.
97
58
00
00

2

3
4
4£

per cent.
“
“
“

Rate.

Amount.
$233,000
22,300
619,441
31,000

00
00
67
00

4^ per cent.
41
“
5
“
H
“

Amount.
$17,800 00
71,450 00
30,000 00

Rate.
5^ per cent.
6
“
6h
“

Amount invested in real estate for banking p urposes,................................$65,000
Estimated value of the s a m e , ...................................................................
65,000
Assessed value of the s a m e , .............................................................................
56,420
Net income received from same during year ending Oct. 31, 1894, .
.
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,..........................................................................................................
3,000
Assessed value of the s a m e , .............................................................................
5,700
Net income received from same during year ending Oct. 31, 1894, .
.
Number of loans which are of an amount not exceeding $3,000 each, 186
Aggregate amount o f the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 230

00
00
00
606 29
00
00
184 45

260,691 67

Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894.....................................................................................
77,030
Times for the dividends fixed by the by-laws : first Saturday in January
and July.
Rate and amount of each semi-annual dividend f 2 per c e n t, $29,265 34 1
gg ^
during the year ending Oct. 31, 1894, .
.
i 2 per cent., 29,136 67 J
’
Number of accounts opened during the year ending Oct. 31, 1894,
1,493
Number of accounts closed during the year ending Oct. 31, 1894,
1,232
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
7,323
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f t a x e s ) , ............................................................................................................. 6,318
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
266,568
Number of s a m e , .................................................................................................. 7,378
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
264,340
Number of s a m e , .................................................................................................. 4,314
Date of examination by commissioner: September 14.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

31

oi

28
27

74

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

327

Lowell Five Cents Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

6,574

$58,791 39

354

29,670 42

175

27,365 16

170

61,255 91

58
47

41,485 39
48,000 00

7,378

$266,568 27

not
not
not
less

Totals,

f


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
.
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

3,043
10

$104,664 09
2,229 07

31
587

2,810 24
28,864 83

K EPO K T O F TH E

328

[Pub. Doc,

LOW ELL INSTITUTION FOR SAVINGS — LOW ELL.
Incorporated Feb. 20, 1829.

Present number of corporators, 50.

A . S t . J oh n C h a m b r e , President.
G e o r g e J. C a r n e t , Treasurer.
G e o r g e J. C a r n e y , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
G e o r g e S. M o t l e y ,
J a m e s W . B. S h a w ,

F r e d e r ic k T a y l o r ,
G eo . J. C a r n e y .

Open for business every business day, 9 a .m . to 2 p .m ., and Saturdays, 7 to 9
payments, Tuesday, Thursday, Saturday, 9 a . m . to 2 p .m . ;
and Saturdays, 7 to 9 p . m .

B alan ce Sh ee t O ctober

A ssets.

p .m .

; for

31, 1894.

L ia b il it ie s .

$65,000 00
170,500 00
15,350 00

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
( n o t e s ) , .......................................
Deposits in banks, on interest, .

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .
Suspense account, .

20,334 06
1,773,092 00
910,400 00

$4,399,116 39
221,806 25

.

30,319 83
84,283 01

1,642,710 00
138,139 42
$4,735,525 48

$4,735,525 48

Cash on Deposit in Banks, amount in each: —
$75,000 00
63,139 42

W amesit National Bank, Lowell, .
Merchants’ National Bank, Lowell,

10 shares Merchants’ National Bank, Lowell,
2 shares Prescott National Bank, Lowell,
10 shares Railroad National Bank, Lowell,
140 shares Wamesit National Bank, Lowell,
30 shares Merchants’ National Bank, Lowell,
5 shares Railroad National Bank, Lowell,
16 shares Prescott National Bank, Lowell,
25 shares First National Bank, Lowell, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.
.
.

o
o

Loans on Bank Stock, amount on each : —
On
On
On
On
On
On
On
On

00

1 ,2 0 0 0 0

9,000 0 0
2 ,0 0 0 00

.

300 00
650 0 0
1,800 0 0

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS

329

Lowell Institution for Savings — Continued.
Detailed Statement o f Public Funds.

Par Value.

District of Columbia 5s, .

$65,000

Estimated
Market Value.

Amount Invested.

$65,000 00

$65,000 00

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

142
174
344
161
473
160
80
171

Par Value.

Columbian Nat’l Bank, Boston,
National Eagle Bank, Boston,
Merchants’ Nat’l Bank, Boston,
New England N’l B’k, Boston,
Second Nat’l 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.

$14,626
14,485
54,438
25,478
87,505
28,000
12,000
20,520

Amount Invested.

00
50
00
25
00
00
00
00

$170,500 $257,052 75

$14,200
17,400
34,400
16,100
47,300
16,000
8,000
17,100

00
00
00
00
00
00
00
00

$170,500 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

Rate.

$138,139 42
209.000 00

2 £ per cent.
3
»
3£
»
3à
“
3|
“

1 0 0 .0 0 0 00

548,000 00
27,500 00

Amount.

$60,000
1,549,210
75.000
25.000
485,950

Rate.

00

00
00
00
00

3$ per cent.
4
«
«

415
44

H

“

Amount.

$186,000
936,225
16,250
23,417

Rate.

00

00
00
00

1 0 0 ,0 0 0 00

4| per cent.
5
“
H
“
6
“
6è

Amount invested in real estate for banking p u rp oses,........................................$20,334 06
Estimated value of the s a m e , ..............................................................................
20,334 06
Assessed value of the s a m e , ........................................................................................
42,350 00
Net income received from same during year ending Oct. 31, 1894,
.
.
1,266 20
Number of loans which are of an amount not exceeding $3,000 each, 111
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 180
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the by-laws : first Saturday in M ay and
November.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

167,467 00

207,390 43

330

R E P O R T O F TH E

[Pub. D oc.

Lowell Institution for Savings — Concluded.
Rate and amount o f eachsemi-annual dividend f 2 per cent., $84,138 41 1
$167,994
during the year endingOct. 31, 1894,
..1 2 per cent.,
83,855 80 i
Number o f accounts opened during the year ending Oct. 31, 1894,
1,663
Number of accounts closed during the year ending Oct. 31, 1894,
1,731
Total number of open accounts Oct. 31, 1894,
.
.
.
.
11,209
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
8,900
clusive o f ta x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year
645,484
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ...................................................................................................9,886
Amount of withdrawals, including dividends, during the year ending Oct.
773,030
31, 1 8 9 4 , .....................................................................................................................
Number of s a m e , .................................................................................................12,422
Date of examination by commissioner : April 13.

21

00
00

65

Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Am ount.

7,705

$157,612 00

1,112

91,462 00

432

68,073 00

427

153,285 00

125
85

89,468 00
85,584 00

9,886

$645,484 00

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

5,459
15

$364,205 00
3,835 00

25
1,138

3,224 00
86,717 00

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

331

LUDLOW SAVINGS B A N K -L* U D L O W .

Incorporated Feb. 23, 1888.

Present number of corporators, 35.

G e o rg e D . G r e e n , President.
G e o r g e A . B i r n i e , Treasurer.
G eo rg e A . B i r n i e , Clerk o f the Corporation.

Names of committee charged with the investment o f its fu n d s:
G eorge D . Gr e en ,
E. E . F üller,
M . H . L yon s.

W . S. C o l w e l l ,
M. D . L. T ow ne,

Open for business every business day, 10 a . m . to 12 m . ; 1 to 3
and Fridays, 7.30 to 9 p .m .

B a la n c e Sh e e t October

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, .
Expense account,
Insurance account,
Cash on hand,
.
.
.
.

p m.

; also Wednesdays

31, 1894.

L ia b il it ie s .

$ 1 ,1 0 0
4,246
33,351
5,905
3,500
4,527
95
30
1,373

00

50
00
00

Deposits, .
Guaranty fund,
Interest account,

$53,569 74
464 94
95 09

00
68

95
00
64

$54,129 77

$54,129 77

Cash on Deposit in Banks, amount in each : —
Springfield Safe Deposit and Trust Company, Springfield, .
.
.
.
Pynchon National Bank, S p r in g fie ld ,......................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,852 56
2,675 12

[Pub. D oc.

R E P O R T O F TH E

332

Ludlow Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

10

Tar Value.

City National Bank, Holyoke,

$1,000

Estimated

Amount Invested.

Market Value.

$1,100 00

$1,150 00

Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 5s, .
Leeds & Farmington R.R. 6s, .
Connecticut River R.R. 4s,

Estimated

Amount Invested.

Market Value.

$2,000
1,000
1,000

$2,100 00
1,040 00
1,050 00

$2,102 50
1,144 00
1,000 00

$4,000

$4,190 00

$4,246 50

Total Amount o f Loans, icith Each Specified Rate o f Literest.
Rate.

Amount.

$4,527 68
13,700 00

4 per cent.
5

Amount.

$8,900 00

Rate.

5£ per cent.

Rate.

Amount.

$20,156 00

Number of loans which are of an amount not exceeding $3,000 each,

6

per cent.

76

Aggregate amount of the s a m e , ..............................................................................
Total number o f loans upon real e s t a t e , ................................................. 44
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , .........................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend f 2 per cent., $958 49 1
during the year ending Oct. 31, 1894,
.
. 12 per cent.,
935 41
Number of accounts opened during the year ending Oct. 31,1894,
. 132
Number of accounts closed during the year ending Oct. 31, 1894,
. 105

$42,756 00

2,708 57

1,893 90

Total number of open accounts Oct. 31, 1 8 9 4 , ........................................ 473
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
................................................. .................................................
Amount of deposits, not including dividends, received during the year

754 20

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 860
Amount o f withdrawals, including dividends, during the year ending Oct.

21,025 30

31, 1 8 9 4 , ......................................................................................................................
Number of same,
.
.
.
• , ........................................................... 342
Date of examination by commissioner : June 8 .

18,500 97


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

333

S A Y IN G S B A N K COM M ISSION ERS

Ludlow

S a v in g s B a n k — Concluded.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num her.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

754

$6,483 62

65

3,933 30

26

3,071 32

8

2,316 38

5
2

3,220 68
2,000 00

860

$21,025 30

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

210
1

$5,096 36
165 39

14
8

446 11
1,022 46

334

REPORT OF THE

[Pub. Doc.

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.

Present number of corporators, 74.

R ollin E . H armon, President.
H enry E . N ew hall , Treasurer.
H enry E . N ewhall , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :

R ollin E . H armon,
H enry A . P evear ,
James S. N ewhall ,
Charles H. N ewhall ,
R ufus K imball .

Open for business every business day, 9

a .m

to 1 p . m . ; also Saturday, 3 to 6 p

B a la n c e Sh e e t O cto ber

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, .
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, .
Expense account,
Furniture and fixtures,
Cash on hand,
.
.
.
.

m

.

31, 1894.

L ia b il it ie s .

$298,572
662,650
180,197
10,300
44,000
340,000

50
00
97
00
00
00

33,155
1,428
1,156,636
344,850

40
81
81
00

9,000
133,485
3,056
1,224
12,729

00
53
56
41
34

$3,231,287 33

Deposits, .
Guaranty fund,
Profit and loss
count, .

$2,889,977 79
144,000 00
ac­
197,309 54

$3,231,287 33

Cash on Deposit in Banks, amount in each: —
National City Bank, L y n n , ........................................
Merchants’ National Bank, Boston, .
Market National Bank, Boston, .
National Bank of the Republic, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$12,452
7,476
61,415
52,140

89 "
23
61
80

No. 8 .]

335

S A Y IN G S B A N K CO M M ISSION ERS.

Lynn Five Cents Savings Bank —

C ontinued.

Loans on Public Funds, amount on each : —
On
On
On
On

$50,000
$45,000
$75,000
$50,000

$50,000 00

City of Boston, M ass., 4 s , .......................................
Town of Arlington, Mass., 4s, .
City o f Brockton, Mass., notes,
certified check on Shawmut National Bank,* .

•1
•

On $50,000 City of Cambridge, Mass, 4s....................................

’1

On $20,000 City o f Medford, M ass., 4s,
.
.
.
On $10,000 City of Fall River, M ass., 4|s.................................
On $48,000 City o f Malden, M ass., 4s,
.
.
.
.

•1

On
On
On
On
On
On
On
On

160,000 00

J

•j-

126,000 00

J

$100,000 City o f Indianapolis, Ind., 4s,
.
.
.
$20,000 Town of Agawam, M ass., 4s....................................
$5,000 City of Fall River, Mass., 4s,
.
.
.
$10,000 City of Portsmouth, N . H ., 4s.................................
$10,000 Town of Athol, Mass., 4 s , .......................................
$5,000 Town of Wakefield, Mass., 4s, .
$4,000 City of Marlborough, Mass., 4s, .
$11,500 City of Waterbury, Conn., 4s, .
.
.
.

•]1

On $2,000 City of Everett, M ass., 4s...........................................
On $1,000 City of Manchester, N . II., 4s,
.
.
.
.

• i-

*1
.1

!•
•1
.1
.j

146,000 00

.]

•!

50,000 00

.1
1
•j
•i
. 11
•i.1
J

On $33,000 Town of Methuen, M ass., 4s, .
On $3,000 City o f Haverhill, M ass., 4s,
On $1,000 City of Sioux City, Iowa, 6s,
.
On $3,000 Town o f Provincetown, Mass., 4s,
On $25,000 Town of Hudson, M ass., 4s.....................................
On $30,202 Town of Hull, Mass., 4s,
.
.
.
.
On $20,000 Town of Rockport, M ass., 4s...................................
On $7,000 Town of Laconia, N . H ., 4s,
.
.
.
On $10,000 Town of Windsor, V t., 4s,
.
.
.
.
On $8,000 City of Meriden, Conn., 3£s,
.
.
.
.
On $1,000 City o f Holyoke, M ass., 4s,
.
.
.
.
On $25,000 City of Taunton, M ass., 4s,
.
.
.
.

61,000 00

20,000 00

•1
.1
•i■!
•j

49,650 00

Loans on Bank stock, amount on each : —
On
On
On
On
On
On

$625
500
1,600
175
5,400
800
1,200

10 shares Manufacturers’ National Bank, Lynn, .
5 shares Lynn National Bank, Lynn, .
.
.
.
16 shares National City Bank, Lynn,
.
.
.
.
.
2 shares Railroad National Bank, Lowell,
60 shares Security Safe Deposit and Trust Company, Lynn,
10 shares Security Safe Deposit and Trust Company, Lynn,

On 15 shares Manufacturers’ National Bank, Lynn,

.

•

00
00
00
00
00
00
00

Loans on Railroad Bonds, amount on each : —
On
On
On
On
On
On
On

$20,000 Maine Central R .R . 7 s , ........................................
$25,000 Boston & Albany R .R . 6s,
. . . .
$23,000 Concord & Montreal R .R . 4s, .
$73,000 Boston & Maine R .R . 4£s,
. . . .
$80,000 St. Johnsbury & Lake Champlain R .R . 5s,
$120,000 Providence & Springfield R .R . 5s, .
$2,000 Concord & Montreal R .R . 4s.....................................

On $15,000 Fitchburg R .R . 5s, ....................................................
On $12,000 Upper Coos R .R . ........................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

* Held temporarily.

•]
•j
•i

l

$40,000 00

174,000 00

.
100,000 00

[•

26,000 00

336

R E P O R T O F TH E

[Pub. Doc.

Lynn Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 3|s,
of Cambridge, Mass., 6 s ,.
of Chelsea, Mass., 6s,
of Chicago, 111., 4s, .
of Chicago, 111., 7s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 7s,
of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 4s,
of Lynn, Mass., 4s, .
of Manchester, N. H., 4s,.
of Milwaukee, Wis., 5s, .
of Newton, Mass., 5s,
of Pawtucket, R. I., 5s,
of Peoria, 111., 44s, .
of Rockford, 111., 4is,
Town of Brookline, Mass., 7 s ,.
of Framingham, Mass., 4s,
of Wakefield, Mass., 4s,
County of Strafford, N. H., 4s,
District of Columbia 7s, .
City ofGrand Rapids, Mich., 5s,

$10,000
5,000
2,000
25,000
20,000
57,210
7,000
15,000
5,000
12,000
1,000
24,500
5,000
5,000
10,000
21,000
10,000
10,000
4,000
10,000
15,000
25,000
$298,710

*

Estimated
Market Value.

$10,100
5,072
2,025
25,500
20.480
59,344
7,225
16,425
5,062
12,300
1,035
25,823
5,650
5,225
10,650
21,955
11,000
10,300
4,000
10,000
18,000
25,437

00
50
00
00
00
31
00
00
50
00
00
75
00
00
00
00
00
00
00
00
00
50

$312,610 56

Amount Invested.

$9,862
5,000
2,000
25,000
20,000
57,210
7,000
15,000
5,000
12,000
1,000
24,500
5,000
5,000
10,000
21,000
10,000
10,000
4,000
10,000
15,000
25,000

50
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$298,572 50

Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

23 Nat’l Exchange Bank, Boston,
88 Globe National Bank, Boston,
253 N ’l B’k of Redemption, Boston,
7 -N’l Hide & Leather B’k,Boston,
69 Nat’l Revere Bank, Boston,
25 Freeman’s Nat’l Bank, Boston,
15 Shoe & Leather N’l B’k, Boston,
154 Continental N’l Bank, Boston,
14 Boylston Nat’l Bank, Boston, .
17 Columbian Nat’l Bank, Boston,
127 Nat’l Union Bank, Boston,
37 Blackstone N’l Bank, Boston,.
42 N’l B’k of the Republic,Boston,
127 Tremont Nat’l Bank, Boston, .
30 North Nat’l Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$2,300
8,800
25,300
700
6,900
2,500
1,500
15,400
1,400
1,700
12,700
3,700
4,200
12,700
3,000

Estimated
Market Value.

$2,915
7,744
30,992
752
6,555
2,250
1,350
17,710
1,708
1,759
17,049
3,700
6,678
11,176
3,480

25
00
50
50
00
00
00
00
00
50
75
00
00
00
00

Amount Invested.

$2,957
7,920
30,000
682
6,900
2,250
1,500
17,116
1,400
1,700
15,500
3,700
4,200
12,700
3,000

50
00
00
50
00
00
00
50
00
00
00
00
00
00
00

No. 8 .]

337

S A Y IN G S B A N K COM M ISSION ERS

Lynn Five Cents Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

26
276
93
61
30
5Q

Estimated

Par Value.

N’l B’k of No. America, Boston,
Nat’l City Bank, Lynn, .
Central Nat’l Bank, Lynn,
First Nat’l Bank, Lynn, .
Winthrop Nat’l Bank, Boston,
Georgetown N’l Bank, George­
town, ...................................

Market Value.

|2,600
27,600
9,300
6,100
3,000

$2,990
48,300
13,950
8,235
3,495

00
00
00
00
00

Amount Invested.

$2,418
39,539
11,863
6,850
3,000

00
50
97
00
00

5,000

5,500 00

5,000 00

$156,400

$198,290 50

$180,197 97

Detailed Statement o f Railroad Bonds.

Par Value.

Boston,Revere Beach & Lynn R.R. 6s,
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .
Old Colony R.R. 6s, .
Portland & Ogdensburg R.R. 6s, .

Estimated
Market Value.

$11,000
9,000
7,000
7,000
10,000

$11,550
9,360
7,350
7,400
11,000

$44,000

$46,660 00

00
00
00
00
00

Amount Invested.

$11,000
9,000
7,000
7,000
10,000

00
00
00
00
00

$44,000 00

Total Amount of Loans, with Each Specified Rate o f Interest.
Amount.

$7,476
113,556
12,452
135.000
100.000

Rate.

23
41
89
00
00

1<| per cent.
2à
3
3i

“
“

Amount.

$75,000
837,550
25,000
105,000
4,000

Rate.

00
00
00
00
00

3| per cent.
4
“
4|
“

Amount.

$202,682
4,500
972,499
61,805
400

Rate.

00
00
81
00
00

5 per cent.
5i
“
5i
“
6
“
6à
“

Amount invested in real estate for banking purp oses,....................................... $33,155 40
Estimated value of the s a m e , ...............................................................................
34,000
Assessed value of the s a m e ,........................................................................................
32,100
Net income received from same during year ending Oct. 31, 1894,
.
.
2,072
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,......................................................................................................................
1,428
Assessed value o f the s a m e , ........................................................................................
19,000
Number o f loans which are of an amount not exceeding $3,000 each,
902
Aggregate amount o f the s a m e , ...............................................................................
844,186
Total number o f loans upon real e s t a t e , ........................................
950


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
90
81
00
81

R E P O R T O F TH E

338

[Pub. D oc

Lynn Five Cents Savings Bank — Concluded.
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ............................................................................... $159,153 88
Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend / 2 per cent., $52,192 27 )
105,357 43
during the year ending Oct. 31* 1894,
•
. 1 2 per cent.,
53,165 16
Number o f accounts opened during the year ending Oct. 31, 1894,
2,655
Number of accounts closed during the year ending Oct. 31, 1894,
2,285
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
16,515
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
...................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .........................................................................................17,081
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , .........................................................................................14,889
Date of examination by commissioner: April 17.

9,077 78
662,007 '12

625,499 84

Glassification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

14,560

$219,167 17

1,370

111,052 09

539

83,614 31

571

212,161 53

28
13

20,321 41
15,690 61

17,081

$662,007 12

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Numher.

Amount.

9,216
43

$365,320 66
4,845 67

88
233

5,274 46
16,069 92

No. 8 .]

339

S A Y IN G S B A N K CO M M ISSION ERS

LYNN

IN S T IT U T IO N FOR S A V IN G S — L Y N N .

Incorporated June 20, 1826.

Present number of corporators, 60.

P hilip A . Chase , President.
D . H . Sweetser , Treasurer.
D . H . Sweetser , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :

P hilip A . Chase,
W illiam Bassett,

A mos F . B reed ,
Joseph B. B reed .

Open for business every business day, 9 a .m . to 1 p .m . ; and Saturday, 2.30 to 5.30 p .m .
B alance

Sh e e t

O ctober

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loan on railroad stock,
Real estate (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, .
T ax t i t l e s , ........................................
Cash on hand,
.
.
.
.

$805,440
190,900
22,500
198,500
50.000

00
00
00
00
00

30.000
2,623
1,384,638
881,153

00
73
00
00

87,666
189,049
211
12,777

67
79
31
53

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$3,855,460 03

$3,497,804 12
170,000 00
187,655 91

$3,855,460 03

Cash on Deposit in Banks, amount in each: —
First National Bank, L y n n , .........................................................................................$96,367 85
Fourth National Bank, B o s t o n , ..............................................................................
25,000 00
Shawmut National Bank, B o s t o n , .....................................................................
16,994 44
Manufacturers’ National Bank, B o s t o n , ...........................................................
50,687 50
Loans on Bank Stock, amount on each: —
On
On
On
On
On

20 shares First National Bank, L y n n , ...........................................................$2,000 00
30 shares First National Bank, L y n n , ...........................................................
3,000 00
70 shares Fourth National Bank, B o s t o n , .................................................
6,500 00
10 shares Lynn Safe Deposit and Trust Company, Lynn,
.
.
.
1,000*00
100 shares First National Bank, Lynn................................................................
10,000 00

Loan on Railroad Stock: —
On 500 shares Eastern R .R ., .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$50,000 00*
A legal loan when made.

R E P O R T O F TH E

340

[ Pub. D oc.

Lynn Institution for Savings — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Bay City, Mich., 5s,
of Boston, Mass , 3|s,
of Boston, Mass., 4s,
of Boston, Mass , 6s,
of Cambridge, Mass., 4s, .
of Cambridge, Mass., 6s, .
of Chicago, 111., 4s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 5s,
of Columbus, Ohio, 4s,
of Concord, N. II., 6s,
of Dayton, Ohio, 4s,
of Detroit, Mich , 7s,
of Fall River, Mass., 4s, .
of Hartford, Conn., 4s,
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 Milwaukee, Wis., 5s, .
of Nashua, N. H., 4s,
of New Bedford, Mass., 6s,
of New Haven, Conn., 7s,
of Peoria, 111., 4|s,
of Providence, R. I., 5s, .
of Providence, R. I., 6s, .
of Salem, Mass., 5s,
of Somerville, Mass., 5|s,
of Taunton, Mass., 4s,
Town of Abington, Mass., 4s, .
of Beverly, Mass., 4s, .
of Peabody, Mass., 4s, .
of Skowhegan, Me., 4 s,.
County of Hampden, Mass., 3s,
District of Columbia, 6s,
of Cleveland, Ohio, 4s, .
of Detroit, Mich., 4s,
of Holyoke, Mass , 4s,
of Brockton, Mass., 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$7,000
10,000
68,000
6,000
30,000
10,000
50,000
3,000
32,040
10,000
2,000
25,000
20,000
5,000
25,000
10,000
5,000
35,000
94,200
1,000
10,000
65,000
20,000
5,000
10,000
20,000
14,000
10,000
2,000
10,000
28,000
5,000
10,000
20,000
3,200
10,000
22,500
3,000
45,000
25,000
20,000

Estimated
Market Value.

$7,000
10,000
68,000
6,900
30,000
11,600
50,000
3,090
32,640
10,000
2,000
25,000
24,000
5,000
25,000
10,000
5,150
35,000
94,200
1,030
11,000
67,950
20,000
6,100
11,700
21,000
14,700
11,000
2,150
11,200
28,000
5,000
10,000
20,000
3,200
9,500
25,000
3,000
45,000
25,000
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
00
00
00
00
00
00
00
00
00
00
00
00
00

$805,940 $826,110 00
Legal investments when made.

Amount Invested.

$7,000
10,000
68,000
6,000
30,000
10,000
50,000
3,000
32.040
10,000
2,000
25,000
20,000
5,000
25,000
10,000
5,000
35,000
94,200
1,000
10,000
65,000
20,000
5,000
10,000
20,000
14,000
10,000
2,000
10,000
28,000
5,000
10,000
20,000
3,200
9.500
22,500
3,000
45,000
25,000
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
00
00
00
00
00
00
00
00
00
00
00
00
00

$805,440 00

No. 8 .]

341

S A Y IN G S B A N K COM M ISSION ERS

Lynn Institution for Savings

— Continued .

No. of
Shares.

Detailed Statement o f Bank Stocks.

58
36
89
45
54
55
15
25
15
25
34
59
118

100
20
75
92
50
430
301
213

Par Value.

A tla n tic N a tio n a l B ’k , B o ston ,
B la c k sto n e N a t ’l B a n k , B o sto n ,
C o lu m b ia n N ’l B a n k , B o s t o n ,.
C o n tin e n ta l N ’l B a n k , B o sto n ,
E v e r e tt N a t ’l B a n k , B o sto n ,
.
N a tio n a l E x c h a n g e B ’ k , B o ston ,
F r e e m a n ’s N a t ’l B a n k , B o sto n ,
F irst N a tio n a l B a n k , B o sto n , .
W in th r o p N a t ’l B a n k , B o sto n ,
M t. V e r n o n N ’l B ’k , B o sto n , .
N ’l B ’k o f N o . A m e r ic a , B o sto n ,
N e w E n g la n d N ’l B ’k, B o sto n ,
N ’ l B ’k o f the R e p u b lic , B o sto n ,
N ’l R o c k la n d B a n k , B o sto n ,
.
S h a w m u t N a t ’l B a n k , B o sto n ,
S ec o n d N a t’ l B a n k , B o sto n ,
N a tio n a l U n io n B a n k , B o sto n ,
N ’l H id e & L e a th e r B ’ k, B o sto n ,
F ir s t N a tio n a l B a n k , L y n n ,
.
C e n tra l N a t ’l B a n k , L y n n ,
N a tio n a l C ity B a n k , L y n n ,
.

$ 5 ,8 0 0
3 ,6 0 0
8 ,9 0 0
4 ,5 0 0
5 ,4 0 0
5 ,5 0 0
1 ,50 0
2 ,5 0 0
1 ,50 0
2 ,5 0 0
3 ,4 0 0
5 ,9 0 0
1 1 ,8 0 0

10,000
2,000
7 ,5 0 0
9 ,2 0 0
5 ,0 0 0
4 3 ,0 0 0
3 0 ,1 0 0
2 1 ,3 0 0
$ 1 9 0 ,9 0 0

Estimated
Market Value.

$ 7 ,1 1 9
3 ,6 0 0
9 ,11 1
5 ,1 7 5
4 ,4 9 5
6 ,9 7 1
1 ,3 5 0
5 ,8 7 5
1 ,7 4 0
3 ,0 0 0
3 ,9 1 0
9 ,2 0 4
1 8 ,7 6 2
1 4 ,0 0 0
2 ,3 0 0
1 3 ,5 0 0
1 2 ,3 2 8
5 ,3 7 5
5 8 ,0 5 0
4 6 ,6 5 5
3 7 ,2 7 5

50

00
50

00
50
25

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$ 2 6 9 ,7 9 6 75

Amount Invested.

$ 5 ,8 0 0
3 ,6 0 0
8 ,9 0 0
4 ,5 0 0
5 ,4 0 0
5 ,5 0 0
1 ,5 0 0
2 ,5 0 0
1 ,5 0 0
2 ,5 0 0
3 ,4 0 0
5 ,9 0 0
1 1 ,8 0 0

10,000
2,000
7 ,5 0 0
9 ,2 0 0
5 ,0 0 0
4 3 ,0 0 0
3 0 ,1 0 0
2 1 ,3 0 0

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$ 1 9 0 ,9 0 0 0 0

Detailed Statement o f Railroad Bonds.
Par Value.

B o ston & A lb a n y R .R . 5 s,
B o sto n & M a in e R .R . 4 ^ s,
B o sto n & P ro v id en c e R .R . 4 s,
B o sto n , R e v e r e B e a c h & L y n n R .R .
6s , .....................................................................
C o n co rd & M o n tr e a l R .R . 4 s , .
E a ste rn R .R . 6 s,
.
.
.
F itc h b u r g R .R . 5 s, .
M a in e C e n tral R .R . 7 s,
N . Y . , P ro v id e n c e & B o sto n R .R . 7 s,
O ld C o lo n y R .R . 6 s , .
N e w H a v e n & D e r b y R .R . 6 s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 1 0 ,0 0 0
2 5 ,0 0 0

20,000
10,000
2 5 ,0 0 0
1 1 ,5 0 0
2 5 ,0 0 0
1 5 ,0 0 0
2 9 ,0 0 0

8,000
20,000
$ 1 9 8 ,5 0 0

Estimated
Market Value.

$ 1 0 ,6 0 0 00
2 6 ,5 0 0 0 0
20,000 0 0
1 0 ,4 0 0
2 5 ,0 0 0
1 3 ,3 4 0
2 6 ,0 0 0
1 8 ,5 0 0
3 2 ,4 0 0
8 ,2 4 0

21,000

00
00
00
00
00
00
00
00

$ 2 1 1 ,9 8 0 00

Amount Invested.

00
00
20,000 00

$ 1 0 ,0 0 0
2 5 ,0 0 0

10,000 00

2 5 ,0 0 0 00
1 1 ,5 0 0 0 0
2 5 ,0 0 0 00
1 5 ,0 0 0 00
2 9 ,0 0 0 00

8,000 00
20,000 00

$ 1 9 8 ,5 0 0 00

342

[Pub. D oc.

R E P O R T O F TH E

Lynn Institution for Savings — C oncluded.
Total Amount o f Loans, with Each Specified Bate o f Interest.

Rate.

Amount.

$96,367
92,681
30.000
130,000
60.000

85
94
00
00
00

Amount.

2 per cent.
2£
“
3
3è
“
3|
“

$25,000
414,566
225,000
96.500
36.500

Rate.

00
67
00
00
00

3£ per cent.
4
éf
4|

«
»

Amount.

$567,253
3,900
633,026
203,312
900

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 , .........................................................................................
Net income received from same during year ending Oct. 31, 1894,

5 per cent.
5i
“
H
“
6
“
7

$30,000
40.000
30.000
2,116

00
00
00
78

Value, by books, of other real estate held or owned by foreclosure or other­
2,623 73
wise,
................................................................................................................................
2,450 00
Assessed value o f the s a m e ,.........................................................................................
Number of loans which are o f an amount not exceeding $3,000 each,
446
675,553 00
Aggregate amount o f the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 541
Gross amount of interest or profits received or earned, as per books, during
183,621 92
year ending Oct. 31, 1 8 9 4 , .........................................................................................
Times for the dividends fixed by the b y-la w s: May 1 and November 1.
Rate and amount of each semi-annual dividend f 2 per cent., $61,440 08 )
125,782 55
during the year ending Oct. 31, 1894,
.
.1 2 per cent.,
64,342 47 3
Rate and amount of any extra dividend paid during the year ending Oct.
79,583 65
31, 1 8 9 4 , ......................................................................................... 3 per cent.,
Number o f accounts opened during the year ending Oct. 31, 1894,
1,533
Number of accounts closed during the year ending Oct. 31, 1894,
1,058
Total number of open accounts Oct. 31, 1894,
.
.
.
.
10,231
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
9,170 79
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
633,444 00
ending Oct. 31, 1 8 9 4 ,...................................................................................................
Number of s a m e , ........................................................................................ 9,462
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894,
.
.........................................................................................
Number o f s a m e , .........................................................................................9,439
Date of examination by commissioner: April 9.

560,589 64

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

7,196

$134,431 00

1,130

91,621 00

493

77,377 00

450

163,354 00

113
80

80,706 00
85,955 00

9,462

$633,444 00

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Am ount.

4,680
26

$301,550 00
7,121 00

58
108

4,705 00
29,257 00

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

343

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 o f corporators, 40.

J a m e s P i e r c e , President.
F r a n c is A . S h o v e , Treasurer.
F r a n c is A . S h o v e , Clerk o f the Corporation.

Names o f committee charged with the investment of its funds :
Ja m e s P i e 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 ,

A . G . H il l ,

A . F . Sa r g e n t ,

F . F . S il l im a n .

Open for business every business day, 8.30 a . m . to 1
7 to 8.30 p .m .

p .m .

; also Saturday, for deposits,

B alance Sheet O ctober 31, 1894.

A ssets.

L ia b il it ie s .

Public funds as per schedule, .
Loans on public funds,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

$246,500
50.000
55,500
3,470
76.000
1,175,383
390,000

00
00
00
00
00
83
00

26,600
48,946
601
1,759

00
67
73
93

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count,

$2,074,762 16

$1,968,043 38
60,000 00
3,235 64
43,483 14

$2,074,762 16

Cash on Deposit in Banks, amount in each: —
First National Bank, Malden,
.
.....................................................................$25 291 80
Freeman’s National Bank, B o s t o n , .....................................................................
23 654 87
Loans on Public Funds, amount on each : —
On
On
On
On
On

$27,000 Town of Methuen, Mass., 4 s , ...........................................................$25,000 00
$6,000 City o f Medford, Mass., 4s.........................................................................
$5,000 Town of Stamford, Conn., 4 s , ...........................................................]
$13,000 City of Holyoke, Mass., 4 s ,.................................................................... >
25>000 00
$2,000 City o f Vergennes, Y t ., 4 8 , * .....................................................................J


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Legal collateral since substituted.

R E P O R T O F TH E

344

Malden Savings Bank

[Pub. D oc

— C on tin u ed .

Loans on Bank Stock, amount on each: —
On
On
On
On
On
On

20 shares Third National Bank, Boston, .
4 shares Blackstone National Bank, Boston, .
4 shares Union Market National Bank, Watertown,
9 shares First National Bank, Malden, .
5 shares First National Bank, Malden, .
8 shares First National Bank, Newburyport, .

$

2,000 00
800 00
500 00
170 00

Detailed Statement o f Public Funds.

Par Value.

C ity o f B a n g o r , M e ., 6 s, .
o f B o sto n , M a s s ., 3 ^ s,
o f C le v e la n d , O h io , 5 s,
o f F a ll R iv e r , M a s s ., 6 s, .
o f M a ld e n , M a s s ., 3 f s ,
o f M a ld e n , M a s s , 4 s ,
o f M ilw a u k e e , W i s ., 5 s , .
o f N e w to n , M a s s ., 5 s,
o f S o m e r v ille , M a s s ., 4 ^ s,
T o w n o f B r o o k lin e , M a s s ., 7 s , .
o f C lin to n , M a s s ., 4 s,
C o u n ty o f A r o o s to o k , M e ., 4As,
T o w n o f I p s w ic h , M a s s ., 4 s ,
.
o f O r a n g e , M a s s ., 4 s ,
.

$ 5 ,0 0 0

1,000
10,000
5 ,0 0 0
3 8 ,5 0 0
1 0 8 ,5 0 0
1 5 ,5 0 0

8,000
1 3 ,0 0 0

10,000
11,000
10,000
10,000
1,000
$ 2 4 6 ,5 0 0

Estimated
Market Value.

Amount Invested.

00
1,000 00
1 0,2 7 9 00
6,121 00
3 8 ,5 0 0 00
1 1 2 ,7 3 2 00
1 6,2 9 8 00
8 ,6 9 0 00
1 3 ,9 0 0 00
11,100 00
11,100 00
1 0 ,6 3 0 00
1 0 ,6 3 2 00
1 ,0 3 0 00

$ 5 ,0 0 0 00
1,000 0 0
10,000 0 0
5 ,0 0 0 00
3 8 ,5 0 0 0 0
1 0 8 ,5 0 0 00
1 5 ,5 0 0 0 0
8,000 0 0
1 3 ,0 0 0 00
10,000 0 0
11,000 0 0
10,000 0 0
10,000 00
1,000 0 0

$ 6 ,0 0 0

$ 2 5 8 ,0 1 2 00

$ 2 4 6 ,5 0 0 0 0

No. o f
Shares.

Detailed Statement o f Bank Stocks.

20
23
13
25
28

8
73
15
25

20
10
11
30

12
14

Par Value.

A tla s N a tio n a l B a n k , B o s t o n ,.
A tla n tic N a t ’l B a n k , B o sto n , .
N ’l B ’k o f C o m m e r c e , B o sto n ,
C o n tin e n ta l N ’l B a n k , B o sto n ,
N a tio n a l E a g le B a n k , B o sto n ,
E li o t N a tio n a l B a n k , B o sto n , .
N a t ’l E x c h a n g e B a n k , B o sto n ,
F irst N a tio n a l B a n k , B o sto n , .
F r e e m a n ’s N a t ’l B a n k , B o sto n ,
N ’l H id e & L e a th e r B ’k , B o sto n ,
H a m ilto n N a t ’l B a n k , B o sto n ,
H o w a r d N a t ’l B a n k , B o sto n , .
M e r c h a n ts’ N ’l B a n k , B o sto n , .
N ’l B ’k o f N o . A m e r ic a , B o sto n ,
N o r t h N a tio n a l B a n k , B o sto n ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 2 ,0 0 0
2 ,3 0 0
1 ,30 0
2 ,5 0 0
2 ,8 0 0
800
7 ,3 0 0
1 ,5 0 0
2 ,5 0 0

2,000
1,000
1,100
3 ,0 0 0

1,200
1 ,4 0 0

Estimated
Market Value.

2 ,3 4 0
2 ,8 2 9
1 ,4 9 5
2 ,8 7 5
2 ,3 2 4
1 ,04 8
9 ,1 9 8
3 ,5 7 0
2 ,5 0 0
2 ,1 4 0

1,100
1 ,05 6
4 ,7 1 0
1 ,3 8 0
1 ,6 2 4

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

2,000

00
00
00
00
00
00
00
00
00
2,000 0 0
1,000 0 0
1,100 0 0
3 ,0 0 0 0 0
1,200 0 0
1 ,4 0 0 0 0
2 ,3 0 0
1 ,3 0 0
2 ,5 0 0
2 ,8 0 0
800
7 ,3 0 0
1 ,5 0 0
2 ,5 0 0

No. 8 .]

Malden Savings Bank —

Continued.

No of
Shares.

Detailed Statement o f Bank Stocks —

10
65
7
5

16
47

10
10
68

345

SA V IN G S B A N K COM M ISSION ERS

Par Value.

C o n c lu d e d .

Estimated
Market Vaiue.

6 ,8 0 0

00
00
00
00
00
00
00
1,000 0 0
9 ,5 2 0 0 0

$ 5 5 ,5 0 0

$ 6 8 ,0 4 2 0 0

$ 1,000
5 ,5 0 0
700
500
1,60 0
4 ,7 0 0

O ld B o sto n N a t ’l B a n k , B o sto n ,
N ’l B ’ k o f R e d e m p tio n ,B o s to n ,
N a tio n a l R e v e r e B ’k , B o sto n ,
N a t ’l R o c k la n d B a n k , B o sto n ,
S h a w m u t N a t ’l B a n k , B o s t o n ,.
S tate N a tio n a l B a n k , B o sto n , .
T r e m o n t N a t ’l B a n k , B o ston , .
B la c k sto n e N ’ l B a n k , B o sto n ,
F irst N a t ’l B a n k , M a ld e n ,

1,000
1,000

$ 1 ,0 4 5
6 ,8 7 5
665
560
1 ,85 6
5 ,4 5 2
880

Amount Invested.

$ 1 ,0 0 0
5 ,5 0 0
700
500
1 ,6 0 0
4 ,7 0 0

00
00
00
00
00
00
1,000 0 0
1,000 0 0
6 ,8 0 0 0 0

$ 5 5 ,5 0 0 0 0

Detailed Statement o f Railroad Bonds.
Par Value.

B o sto n & A lb a n y R R . 6 s,
B o sto n & L o w e ll R .R . 4 s,
B o sto n & L o w e ll R .R . 6s,
C o n cord & M o n tre a l R .R . 4 s, .
O ld C o lo n y R .R . 6 s , .
C o n c o rd & C la r e m o n t R .R 4|s,
P o r tsm o u th , G r e a t F a lls & C o n w a y
R .R .4 | s ..........................................................
S t. J o h n sb u r y &■ L a k e C h a m p la in
R .R . 5
s , ..............................................

Estimated
Market Value.

Amount Invested.

2,000
10,000

$ 9 ,1 7 1
3 ,0 7 5
2 ,0 7 6
2 5 ,8 1 5
2 ,0 7 9
1 0 ,6 6 7

00
00
00
00
00
00

$ 9 ,0 0 0 0 0
3 ,0 0 0 00
2,000 0 0
2 5 ,0 0 0 0 0
2,000 00
10,000 0 0

1 5,0 0 0

1 6 ,5 7 5 00

1 5 ,0 0 0 00

10,000

1 1,1 6 6 0 0

10,000

$ 7 6 ,0 0 0

$ 8 0 ,6 2 4 0 0

$ 9 ,0 0 0
3 ,0 0 0

2,000
2 5 ,0 0 0

00

$ 7 6 ,0 0 0 0 0

Total Amount o f Loans, with Each Specified Bate o f Interest.

Amount.

$48,946 67
4,500 00
191,100 00

Kate.

Amount.

Rate.

Amount.

Rate.

2 per cent.
H
“
4
«

$100,000 00
204,000 00
387,760 00

4| per cent.

$227,300 00
530,793 83

5^ per cent.
6
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

o

“

R E P O R T O F TH E

346

[Pub. D oc.

Malden Savings Bank — C on clu d ed .
Number o f loans which are of an amount not exceeding $3,000 each,

573

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 647
Gross amount of interest or profits received or earned, as per books, during

$749,283 83

year ending Oct. 31, 1 8 9 4 , .......................................................................................
Times for the dividends fixed by the b y-la w s: second Wednesday in April

98,373 11

and October.
Rate and amount of eachsemi-annual dividend j 2^per cent., $41,819 19
j
during the year endingOct. 31,1894, .
.
1 2 per cent., 35,393 76
Number o f accounts opened during the year ending Oct. 31, 1894,
1,426
Number of accounts closed during the year ending Oct. 31, 1894,
. 875
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
7,419

77,212 95

Total expenses of the corporation for the year ending Oct. 31,1894 (ex­
clusive o f ta x e s ),...........................................................................................................
Amount of deposits, not including dividends, received during the year

6,431 37

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ................................................................................................ 10,739
Amount of withdrawals, including dividends, during the year ending Oct.

597,875 17

31, 1894...............................................................................................................................
Number of s a m e , ....................................................................
6,937
Date of examination by commissioner: April 27.

475,966 58

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,

.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

N um ­
ber.

Amount.

8,729

$174,466 94

1,024

83,614 95

458

69,499 03

352

122,355 68

111
65

81,061 52
66,877 05

10,739

$597,875 17

To the credit —
O f women, both adult
and minor,
.
.
O f guardians,
O f religious and chari­
table associations, .
In trust,

not
not
not
less

.

I

N um ­
ber.

Amount.

6,082
•18

$324,607 72
6,569 31

87
1,423

7,862 01
83,274 88

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

347

M A R B L E H E A D SA 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 . S a n b o r n , President.
W i l l i a m G i l l e y , Treasurer.
E v e r e t t P a i n e , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
N . P . Sanborn,
H en ry A . P otter,
W il l ia m R ey n o ld s,
S a m u e l D . Sm i t h ,
Ja m e s N . P a r k e r .

Open for business every business day, 9

a .m .

to 12

B alance Sheet October

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,
.
.
.
.

m.

; also Saturday, 6 to 8

p .m .

3 1 , 1 89 4 .

L ia b il it ie s .

$59,498
57,249
2,200
85,532
12,772
142,082
125,749
19,274
1,684
642

36
04
00
23
18
00
00
28
76
57

$506,684 42

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac
count, .
.

$482,363 08
11.982 12
12,289 22
50 00

$506,684 42

Cash on Deposit in B a n k : —
Marblehead National Bank, M a r b l e h e a d ,........................................................... $19,274 28

Loan on Bank Stock: —
On 22 shares National Grand Bank, Marblehead,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 2,200 00

[Pub. D oc

R E P O R T O F TH E

348

Marblehead Savings Bank —

C o n tin u ed .

Detailed Statement o f Public Funds.

Par Value.

T o w n o f M a r b le h e a d , M a s s ., 4 s,
C ity o f B a n g o r , M e , 6 s, .
o f C le v e la n d , O h io , 5 s,
o f P o rtsm o u th , N . H ., 4 s,
o f In d ia n a p o lis, I n d ., 4 s, .
C o u n ty o f A r o o s to o k , M e ., 4 ^ s,

$ 1 5 ,5 0 0

8,000
5 ,0 0 0

10,000
10,000
10,000
$ 5 8 ,5 0 0

Estimated
Market Value.

Amount Invested.

40
40
50
00
00
50

$ 1 5 ,5 0 0 0 0
8,000 0 0
5 ,0 0 0 0 0
10,000 0 0
1 0 ,2 9 7 10
1 0 ,7 0 1 26

$ 6 1 ,6 7 3 80

$ 5 9 ,4 9 8 36

$ 1 6 ,2 2 5
8 ,7 8 2
5 ,1 4 3
1 0 ,3 6 8
1 0 ,4 4 2
1 0 ,7 1 2

No. of
Shares.

Detailed Statement o f Bank Stocks.

20
31
25
5
9
25

20
25
25

21
58
19
25
29
24
32
4

8
43
38

Par Value.

B la c k sto n e N a t’ l B a n k, B o sto n ,
B o y lsto n N a t ’l B a n k , B o sto n , .
C o n tin e n ta l N ’ l B a n k, B o sto n ,
H a m ilto n N a t’l B a n k , B o sto n ,
M a r k e t N a t’l B a n k , B o sto n , .
M e rc h a n ts’ N ’l B a n k , B o ston ,
M t. V e r n o n N ’ l B a n k , B o ston ,
N o rth N a tio n a l B a n k , B o ston ,
S h a w m u t N a t’ l B ’k , B o sto n , .
S h oe & L eath er N ’ l B ’k , B o ston ,
S tate N a t'l B a n k , B o sto n ,
N ’l B ’ k o f C o m m e r c e , B o sto n ,
N ’l B ’ k o f N o . A m e r ic a , B o sto n ,
N ’ l B ’ k o f R e d e m p tio n , B o ston ,
N ’l B ’ k o f the R e p u b lic , B o ston ,
N ’ l H id e & L e a th e r B ’k , B o sto n ,
N a tio n a l R e v e re B a n k , B o sto n ,
W in th r o p N a t ’l B a n k , B o ston ,
M a rb le h e a d
N a tio n a l B a n k ,
M a r b le h e a d ,.
N a t ’l G ran d B ’ k , M a rb le h e a d ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$ 2 ,0 0 0
3 ,1 0 0
2 ,5 0 0
500
900
2 ,5 0 0

2,000
2 ,5 0 0
2 ,5 0 0

2,100
5 ,8 0 0
1 ,90 0
2 ,5 0 0
2 ,9 0 0
2 ,4 0 0
3 ,2 0 0
400
800
4 ,3 0 0
3 ,8 0 0
$ 4 8 ,6 0 0

Estimated
Market Value.

$ 2 ,0 0 0
3 ,66 0
2 ,87 5
552
765
3 ,9 4 3
2 ,4 0 0
2 ,9 0 0
2 ,88 1
1 ,8 9 0
6 ,7 2 8
2 ,1 8 5
2 ,8 7 5
3 ,5 5 2
3 ,8 1 6
3 ,4 4 0
380
932
•

00
00
00
50

00
75

00
00
25

00
00
00
00

Amount Invested.

$ 2 ,0 0 0
3 ,8 3 9
2 ,6 8 7
591
900
3 ,3 3 1
2 ,5 0 5
3 ,0 5 6
3 ,0 8 4

2,100

00
50
50
25
00
25
20
25
37
00
45
00
12
25
00
00
00
00

00
00
00
00

6 ,3 0 0
2 ,4 4 0
2 ,7 7 8
4 ,0 6 7
3 ,0 7 2
3 ,7 4 4
400
800

00
00

4 ,9 1 2 7 5
4 ,6 3 9 15

$ 5 6 ,8 2 6 00

$ 5 7 ,2 4 9 0 4

4 ,3 0 0
4 ,7 5 0

50

No. 8 .]

349

SA Y IN G S B A N K COM M ISSION ERS

Marblehead Savings Bank —

C o n tin u ed .

Detailed Statement o f Railroad Bonds.

Par Value.

B o sto n & L o w e ll R R . 4 s,
B o sto n & L o w e ll R .R . 7 s,
B o sto n & M a in e R .R . 4 s , .
F itc h b u r g R .R . 4 ^ s, .
.
.
.
F itc h b u r g R .R . 5 s , .
M a in e C e n tra l R .R . 4 | s, .
U p p e r C o o s R .R . 4 s ,
.
.
.
S t. J o h n sb u r y & L . C h a m p . R .R . 5 s,

$ 1 0 ,0 0 0

10,000
7 .0 0 0
5 .0 0 0

20,000
10,000
5 .0 0 0
1 5,0 0 0
$ 8 2 ,0 0 0

Estimated
Market Value.

Amount Invested.

00
00
00
00
70
00
00
15

$ 1 0 ,0 0 0 0 0
10,000 00
7 .0 0 0 0 0
5 .0 0 0 00
2 1 ,1 0 2 37
10,000 0 0
5 .0 0 0 0 0
1 7 ,4 2 9 8 6

$ 8 6 ,8 5 9 85

$ 8 5 ,5 3 2 2 3

$ 1 0 ,0 6 3
1 0 ,1 4 8
7 ,1 4 0
5 ,0 7 0
2 1 ,3 2 2
1 0 ,6 2 5
5 ,0 0 0
1 7 ,4 9 1

Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.

Amount.
$19,274 28
20,000 00
12,000 00

2
4
4i

per cent.

“

•<

Amount.
$18,100 00
5,000 00
62,100 00

Kate.
4j per cent.
41
“
5

Kate.

Amount.
$52,950 00
99,881 00

5J per cent.

6

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, 1894,
Number of loans which are o f an amount not exceeding $3,000 each,
76
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 84
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: M ay 1 and November 1.
Rate and amount o f each semi-annual dividend f 2 per cent., $8,315 72 i
during the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
8,427 17
Number of accounts opened during the year ending Oct. 31, 1894,
. 274
Number of accounts closed during the year ending Oct. 31, 1894,
. 179
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,075
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes), ............................................................................................................
Amount of deposits, not including dividends, received during the year end­
ing Oct. 31, 1 8 9 4 ,............................................................................................................
Number o f s a m e , ........................................................................................ 1,808
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 1,362
Date of examination by commissioner : June 21.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

“

“

$12,772 18
16,250 00
1,298 47
76,422 00

21,677 38

16,742

89

641 50
100,519 00

73,115

98

350

R E P O R T O F TH E

[Pub. Doc

Marblehead Savings Bank — Concluded.
Classification o f Deposits received during the Tear ending Oct. 31, I S 94.
Num ­

Num ­

A m ou n t.

ber.

O f $ 5 0 a n d le s s ,
E x c e e d in g $50 a n d
m o r e th a n $ 10 0,
.
E x c e e d in g $100 a n d
m o r e th a n $ 2 0 0 , .
E x c e e d in g $200 a n d
m o r e th a n $ 50 0, .
E x c e e d in g $500 a n d
t h a n $ 1 ,0 0 0 , .
O f $ 1 ,0 0 0 o r m o r e , .
T o ta ls ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

A m ou n t.

ber.

1 ,4 4 5

$ 2 5 ,0 9 8 00

166

1 3,5 41 00

88

1 3 ,3 4 6 00

83

2 9 ,1 2 6 00

20
6

1 3 ,4 0 8 00
6 ,0 0 0 00

1 ,8 0 8

$ 1 0 0 ,5 1 9 00

not
not
not
le s s

T o th e c r e d it —
O f w o m e n , b o th a d u lt
a n d m in o r ,
O f g u a r d ia n s ,
O f r e lig io u s an d ch a rit a b le a s s o c ia t io n s , .
In tru st, .
.
.
.

761
2

$ 4 3 ,5 4 3 0 0
3 55 00

24
10

8 15 00
1 ,2 5 8 0 0

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

351

M AR LB O R O U G H S A V IN G S B A N K — M AR LBORO UGH .

Incorporated April 3, 1860.

Present number of corporators, 105.

S . H e r b e r t H o w e , President.

E d w a r d R . A l l e y , Treasurer.

E d w a r d 11. A l l e y , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
S. H

erbert

L o r i m a n S. B r i g h a m ,

H ow e,

W in s l o w M . W a r r e n ,

W il l ia m D . B u r d e t t ,

B e n j a m in F . G r e e l y .

Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 12 m .

B alan ce S h eet O ctober

. to 12 m . ; 2 to 4 p . m . ;

31, 1894.
L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Expense account,

a .m

$329,337 50
200,600 00
154,625 00
40,242
7,300
920,531
49,520

07
00
62
00

$1,682,514 20
62,300 00
10,530 48

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

48,904 06

23,000 00
77,092 37
2,000 18
$1,804,248 74

$1,804,248 74

Cash on Deposit in Banks, amount in each : —
People’s National Bank, Marlborough,
First National Bank, Marlborough,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$37,133 94
39,958 43

[Pub. Doc,

R E P O R T O F TH E

352

M a r lb o r o u g h S avings B a n k — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Arlington, Mass., 4s,
of Clinton, Mass , 4s,
of Great Barrington, 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 Cambridge, Mass., 4s, .
of Detroit, Mich., 4s,
of Fall River, Mass., 6s, .
of Fitchburg, Mass , 4s, .
of Keene, N. FI., 4s,
of Lewiston, Me., 5s,
of Lynn, Mass., 4s, .
of Malden, Mass., 4s,
of Marlborough, Mass., 4s,
of Newton, Mass., 4s,
of Newton, Mass., 5s,
of ITovidence, R. I., 4s, .
of Providence, R. I., 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, .
of Haverhill, Mass.,4s, .
of Hoivoke, Mass., 4s,
of Lawrence, Mass., 4s, .

$7,000
9,000
5,000
3,000
10,000
15,000
8,000
15,000
15,000
20,000
11,000
5,000
5,000
5,000
5,000
23,000
10,000
7,000
12,000
5,000
42,000
6,000
2,000
10,000
4,000
5,000
1,000
4,000
15,000
5,000
5,000
10,000
5,000
20,000

Estimated
Market Value.

$7,420
9,300
5,250
3,075
10,450
15,825
8,345
15,187
15,462
21,050
13,255
5,275
5,150
5,500
5,075
24,332
10,175
8,260
12,280
5,187
43,960
6,307
2,260
11,300
4,640
5,068
1,080
4,160
15,202
5,050
5,550
10,325
5,250
21,000

00
00
00
00
00
00
00
50
50
00
00
00
00
00
00
50
00
00
00
50
00
50
00
00
00
75
00
00
50
00
00
00
00
00

Amount Invested.

$7,000
9,000
5,000
3,000
10,000
15,000
8,000
15,000
15,000
20,000
11,000
5,000
5,000
5,000
5,000
23,000
10,000
7,000
12,000
5,000
42,000
6,000
2,000
10,000
4,000
5,000
1,000
4,000
15,000
5,000
5.000
10,337
5,000
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
00
00
00
50
00
00

$329,000 $347,008 75 $329,337 50

Detailed Statement o f Bank Stocks.
8- 02
O cu
o

Par Value.

2

fc 55

80
33
50
12
88

Atlas National Bank, Boston, .
Blackstone N’l Bank, Boston,
Boston National Bank, Boston,
Boylston Nat’l Bank, Boston,
Continental N’l Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$8,000
3,300
5,000
1,200
8,800

Estimated
Market Value.

$9,360
3,300
5,200
1,506
10 120

00
00
00
00
00

Amount Invested.

$8,000
3,300
5,000
1,200
8,800

00
00
00
00
00

No. 8 .]

353

S A Y IN G S B A N K COM M ISSION ERS

Marlborough Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

45
62
70
40
50
25
35
70
50
50
10
50
15
76
75
15
64
42
100
60
25
50
30
50
50
65
50
70
80
15
30
97
85
14
16
12

Par Value.

Eliot National Bank, Boston, .
Everett Nat’l 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, .
Manufacturers’ N’l B’k, Boston,
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Mt. Vernon Nat’l B’k, Boston,
Nat’onal 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,
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,
Nat’l Webster Bank, Boston, .
Winthrop 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, .
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
First National Bank, Clinton,
First National Bank, Lynn, .
First Nat’l B’k, Marlborough,
People’s N’l B’k, Marlborough,
Newton Nat’l Bank, Newton, .
City National B’k, Worcester,
Fourth Nat’l Bank, Boston,

$4,500
6,200
7,000
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
6,400
4,200
10,000
6,000
2,500
5,000
3,000
5,000
5,000
6,500
5,000
7,000
8,000
1,500
3,000
9,700
8,500
1,400
1,600
1,200

Estimated
Market Value.

$5,895
5,161
9,152
3,400
4,500
2,762
3,386
7,000
4,250
7,875
1,220
4,100
1,725
6,327
9,562
1,612
7,288
5,281
15,900
5,700
3,350
4,862
3,495
5,800
4,500
7,540
5,000
6,282
7,040
1,830
4,132
10,670
10,030
1,155
2,240
1,422

00
50
50
00
00
50
25
00
00
00
00
00
00
00
50
50
00
50
00
00
00
50
00
00
00
00
00
50
00
00
50
00
00
00
00
00

$200,600 $220,934 75

Amount Invested.

$4,500
6,200
7,000
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
6,400
4,200
10,000
6,000
2,500
5,000
3,000
5,000
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
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$200,600 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston
Boston
Boston
Boston

& Albany R.R. 6s,
& Lowell R.R. 4s,
& Lowell R.R. 6s,
& Maine R.R. 4s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$3,000
15,000
5,000
15,000

Estimated
Market Value.

$3,060
15,150
5,162
15,150

00
00
50
00

Amount Invested.

$3,000
15,000
5,000
15,000

00
00
00
00

354

[Pub. D oc

R E P O R T O F TH E

Marlborough Savings Bank — Continued.
Detailed Statement o f Railroad Bonds — Concluded.

Par Value.

Boston & Providence R.R. 4s, .
Fitchburg R.R. 4|s, .
.
.
.
Maine Central R.R. 4|s, .
Old Colony R.R. 4s,
. . .
Old Colony R.R. 4^s,
Old Colony R.R. 6s,
. . .
Portland & Ogdensburg R.R. 6s, .
Upper Coos R.R. 4|s,
Boston & Albany R.R. 4s,
Worcester, Nashua & Rochester
R.R. 4s,...........................................

Estimated
Market Value.

5,000
20,000
5,000
30,000
3,000
2,000
10,000
11,000
20,000

5,200
20,100
5,300
31,425
3,165
2,080
11,000
11,550
21,200

10,000

10,100 00

$154,000

Amount Invested.

00
00
00
00
00
00
00
00
00

5,000
20,000
5,000
30,000
3,000
2,000
10,000
11,000
20,625

00
00
00
00
00
00
00
00
00

10,000 00

$159,642 50 $154,625 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.

Amount.

Rate.

2 per cent.
4
“

$119,500 00
247,416 00

4^ per cent.
5
“

Amount.

$77,092 37
47,500 00

Amount.

$13,105 00
565,530 62

Kate.

5£ per cent.
6

Amount invested in real estate for banking p u r p o se s,........................................$40,242 07
Estimated value of the s a m e ,........................................................................................
40,242 07
Assessed value of the s a m e ,........................................................................................
31,265 00
Y alue, by books, of other real estate held or owned by foreclosure or other­
wise,
...............................................................................................................................
7,300 00
Assessed value of the s a m e , ........................................................................................
8,600 00
Net income received from same during year ending Oct. 31, 1894,
.
.
11520
Number of loans which are of an amount not exceeding $3,000 each, . 586
Aggregate amount of the s a m e , ...............................................................................
528,146 62
Total number of loans upon real e s t a t e , ................................................. 640
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,........................................................................................
82,173 00
Times for the dividends fixed by the b y-la w s: third Wednesday in January
and July.
Rate and amount of each semi-annual dividend f 2 per cent., $30,074 92 1
go 945 13
‘ during the year ending Oct. 31, 1894, .
.
. i2 p e rce n t., 30,870 21 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 835
Number of accounts closed during the year ending Oct. 31, 1894,
. 586
Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,143
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4,889 01

No. 8 .]

355

S A Y IN G S B A N K COM M ISSIONERS

Marlborough Savings Bank — Concluded.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 4,092
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

$322,079 00

265,897 09

Number of s a m e , ........................................................................................ 3,397
Date of examination by commissioner: M ay 10.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num -

Num -

A m ou n t.

O f $ 50 a n d le s s ,
E x c e e d in g $50 a n d
m o r e th a n $ 10 0, .
E x c e e d in g $100 a n d
m o r e th a n $ 20 0,
.
E x c e e d in g $200 a n d
m o r e th a n $500, .
E x c e e d in g $500 a n d
t h a n $ 1 ,0 0 0 , .
O f $ 1 ,0 0 0 o r m o r e , .

2 ,8 4 8

$ 6 2 ,8 5 7 00

670

5 6 ,4 6 7 00

275

4 3 ,7 7 2 00

194

7 0 ,1 3 8 00

53
52

3 6 ,8 4 5 00
5 2 ,0 0 0 00

4 ,0 9 2

$ 3 2 2 ,0 7 9 00

not
not
not
le s s

T o ta ls ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

A m ou n t.

h er.

h er.

T o th e cr e d it —
O f w o m e n , b o th a d u lt
a n d m in o r ,
O f g u a r d ia n s ,
O f r e lig io u s a n d c h a rita b le a s s o c ia t io n s , .
I n t r u s t ......................................

1 ,7 7 4
17

$ 1 3 7 ,3 7 9 00
7 ,6 9 1 00

21
177

1 ,5 5 5 00
1 7 ,8 5 7 00

356

R E P O R T OF THE

[Pub. D oc.

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.

L e m u e l S e a r s , President.

C. B. P r e s c o t t , Treasurer.

E . W . C h a p i n , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds:
R - P. C r a f t s ,

J. S. W e b b e r ,

E d w ar d C. T aft,

L em uel Sears,

S. C. W

Open for business every business day, 9

eld.

a .m .

to 4

p .m . ;

B a l a n c e Sh e e t O cto ber

A ssets.

Bank stock as per schedule,
Loans on bank stock, .
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans on depositors’ books,
Deposit in bank, on interest,
Expense account,
Furniture and fixtures,
Cash on hand,
.
.
.
.

also Saturday, 6 to 8

p .m

.

31, 1894.

L ia b il it ie s ,

$58,646
27,270
10,600
639,275
237,368
600
32,532
2,676
2,407
2,943

50
00
00
00
00
00
30
96
00
76

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$1,014,319 52

$953,339 30
28,348 00
20,056 97
12,575 25

$1,014,319 52

Cash on Deposit in Bank : —
City National Bank, Holyoke,

$32,532 30

Loans on Bank Stock, amount on each : —
On
On
On
On
On
On

10 shares Second National Bank, Springfield,
10 shares Hadley Falls National Bank, Holyoke,
10 shares Holyoke National Bank, Holyoke,
8 shares Agawam National Bank, Springfield,
5 shares Holyoke National Bank, Holyoke, .
10 shares Park National Bank, Holyoke,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$

2 , 200’ 00
800 00
1,500 00

No. 8 .]

357

SA V IN G S B A N K COM M ISSION ERS.

Mechanics’ Savings Bank, Holyoke — Continued.
On 10 shares Springfield National Bank, Spri ngfi el d, .
On
On
On
On
On
On
On
On

.

.

$1,000 00
2,000 00
1,000 00

.

25 shares City National Bank, H o l y o k e , ........................................•
10 shares City National Bank, H o l y o k e , ........................................
63 shares City National Bank, H o l y o k e , ........................................
46 shares Hadley Falls National Bank, Holyoke,
.
.
.
.
7 shares Chicopee National Bank, Springfield,
18 shares Second National Bank, Springfield,
.
.
.
.
23 shares Third National Bank, Springfield,.......................................
15 shares Springfield Safe Deposit and Trust Company, Springfield,

1
1
1
(■
1
1
J

13,970 00

1,500 00
2,300 00
1,000 00

On 25 shares Home National Bank, H o l y o k e , ........................................
On 10 shares City National Bank, Holyoke,
.
.
..

No. of
Shares.

Detailed Statement o f Bank Stocks.

22
193
102
3

50
20
50

Par Value.

Shoe & Leather NT B’k, Boston,
City National Bank, H olyoke,.
Hadley Falls NT B’k, Holyoke,
Holyoke Nat’l Bank, Holyoke,
Home Nat’l Bank, Holyoke, .
First NatT Bank, Springfield, .
Third NatT 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.

$3,008
21,500
16,310
498
5,750
3,080
8,500

00
00
00
00
00
00
00

$60,273 00

50
00
00
00
00
00
00

$58,646 50

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$32,532 30

Rate.

4 per cent.

Amount.

$902,038 00

Rate.

5 per cent.

Rate.

Amount.

$2,475 00

6 per cent.

Value, by books, o f 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, 1894,
.
.
Number of loans which are of an amount not exceeding $3,000 each, . 223
Aggregate amount of the same............................................................................ .........
Total number of loans upon real e s t a t e , ................................................. 237
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ..............................................................................
•

$10,600 00
7,730 00
340 00
283,998 00

47,715 53

Times for the dividends fixed by the by-law s: second Monday in May
and November.
Rate and amount of each semi-annual dividend ( 2 per cent.,
during the year ending Oct. 31, 1894,
.
. [2 p e rc e n t.,

$17,637 79 )
17,432 88 )

Number of accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31, 1894........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

376
419
2,604

35^70

67

358

R E P O R T O F TH E

[Pub. D oc

Mechanics’ Savings Bank, Holyoke — Concluded.
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................

$5,415 74

Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1894........................................................................................................

203,571 89

Number o f s a m e , ........................................................................................ 3,209
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................

211,599 93

Number of same...............................................................................................2,597
Date of examination by commissioner : March 8.

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .
Num ­

Num .

A m o u n t.

b er.

O f $ 5 0 a n d le s s ,
E x c e e d in g $50 an d
m o r e th a n $ 100, .
E x c e e d in g $100 a n d
m o r e th a n $ 200, .
E x c e e d in g $200 a n d
m o r e th a n $ 5 0 0 , .
E x c e e d in g $500 a n d
t h a n $ 1 ,0 0 0 , .
O f $ 1 ,0 0 0 o r m o r e , .
T o ta ls ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

ber.

2 ,4 8 0

$ 4 4 ,7 7 6 62

3 75

3 0 ,5 6 1 54

150

2 4 ,6 4 0 67

135

4 9 ,0 1 7 21

31
32

2 2 ,0 6 9 18
3 2 ,5 0 6 67

3 ,2 0 9

$ 2 0 3 ,5 7 1 89

not
not
not
le s s

T o th e c r e d it —
O f w o m e n , b o t h a d u lt
a n d m in o r ,
O f g u a r d ia n s ,
O f r e lig io u s a n d c h a r i­
ta b le a s s o c ia tio n s , .
I n t r u s t .......................................

A m o u n t.

1 ,3 2 1
19

$ 8 8 ,9 0 9 27
1 ,1 9 6 00

37
37

3 ,3 6 1 32
6 ,6 8 4 72

N o. 8 .]

359

S A Y IN G S B A N K COM M ISSION ERS

M E C H A N IC S ’ SA 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 r e m i a h C l a r k , President.

C h a s . C . H u t c h i n s o n , Treasurer.

C h a s . C . H u t c h in s o n , Clerk o f the Corporation.

Names o f committee charged with the investment o f its funds:
J a co b R o g e r s ,

Jo h n D a v i s ,

J a m e s F r a n c is ,

C h a s . C . H u t c h in s o n ,

Clar e n c e H . N e lson.

Open for business every business day, 9

Balance

a .m

. to 1 p . m . ; also Saturday, 7 to 9 p . m .

Sh e e t O c t o b e r

31, 1894.
L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank stock,
Railroad bonds as per schedule,
Real estate (for banking pur­
poses) ,
.......................................
Real estate by foreclosure,.
Loans on real estate, .
.
.
Loans on personal security,
Deposits in banks, on interest, .
Expense account,
T a x e s ,.................................................
Suspense account,
Cash on hand,
.
.
.
.

$196,000
264,250
9,800
154,500

00
00
00
00

85.000
17.000
1,049,600
387,035
90,842
2,671
1,131
3,335
6,435

00
00
76
00
96
18
00
87
91

$2,136,395
88,000
27,313
15,893

Deposits, .
Guaranty fund,
Interest account,
Rents,

33
00
68
67

$2,267,602 68

$2,267,602 68

Cash on Deposit in Banks, amount in each: —
Railroad National Bank, Lowell, .
Old Lowell National Bank, Lowell,

.

.
.

National Hide & Leather Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.
.

«
.

•
.

.

♦
.

•
.

•
.

$73,989 00
10,000 00
6,853 96

360

E E P O E T O F TH E

[Pub. D oc

Mechanics’ Savings Bank, L ow ell— Continued.
Loans on Bank Stock, amount on each: —
On 75 shares First National Bank, Lowell, .
On 25 shares Old Lowell National Bank, Lowell,
On 55 shares Railroad National Bank, Lowell,

$1,800 00
2.500 00
.

5.500 00

Detailed Statement o f Public Funds.

Par Value.

City of Concord, N. H., 4s,
of Lowell, Mass., 4s,
of Lynn, Mass., 4s, .
of Marlborough, Mass., 4s,
of Newton, Mass , 4s,
of Waltham, Mass., 4s, .
Town of Arlington, Mass., 4 s ,.
City of Boston, Mass , 4s,
of Providence, R. 1 , 4s, .
of Waterbury, Conn.,4s, .
of Milwaukee, Wis., 5s, .

$10,000
16,000
10,000
20,000
10,000
10,000
20,000
30.000
20.000
25.000
25.000
$196,000

Estimated
Market Value.

$10,600
16,960
10.450
21,200
10.500
10.450
21,000
32,700
22.500
26,000
27,000

00
00
00
00
00
00
00
00
00
00
00

$209,360 00

Amount Invested.

$10,000
16,000
10,000
20,000
10,000
10,000
20,000
30.000
20.000
25.000
25.000

00
00
00
00
00
00
00
00
00
00
00

$196,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

106
66
63
9
45
40
25
90
8
65
200
13
265
100
10
105
43
37
281
83
160

*
Atlas National Bank, Boston,.
Blackstone N’l Bank, Boston, .
Boston National Bank, Boston,
National City Bank, Boston, .
N’l B’k of Commerce, Boston,
N ’l Eagle Bank, Boston, .
Eliot National Bank, Boston, .
Everett National B’k, Boston, .
First Nat’l Bank, Boston,
Hamilton N’l Bunk, Boston, .
N'l Hide & Leather, B’k, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ Nat’l B’k, Boston,
Metropolitan N’l B’k, Boston,
Mt. Vernon N’l Bank, Boston,
New England N’l B’k, Boston,
North National Bank, Boston,
N’l B’k of No America, Boston,
N'l B’k of Redemption, Boston,
N’l B’k of the Republic, Boston,
Nat’l Revere Bank, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$10,600
6,600
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

Estimated
Market Value.

$12,402
6,600
6,552
738
5,175
3,200
3,275
7,492
1,880
7,182
21,500
1,258
41,803
9,500
1,200
16,380
4,988
4,255
34,422
13,197
15,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
(0
00
00

Amount Invested.

$11,660
6,600
7,056
900
5,040
4,000
2,500
9,000
800
8,000
21,000
1,3u0
36,800
10,000
1,000
15,500
5,160
3,700
32,315
9,960
19,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

No. 8 .]

361

S A Y IN G S B A N K COM M ISSION ERS

Mechanics’ Savings Bank, Lowell — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

20
39
100
100
28
30
117
68

Par Value.

Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston, .
Nat’J Webster Bank, Boston, .
Collateral Loan Co., Boston, .
Bay State N’l Bank, Lawrence,
Railroad Nat’l Bank, Low ell,.
First National Bank, Malden,.

$2,000
3,900
10,000
10,000
2,800
2,250
11,700
6,800

Estimated
Market Value.

$3,600
4,495
10,000
10,000
3,514
3,600
13,805
10,540

Amount Invested.

00
00
00
00
00
00
00
00

$230,850 $277,753 00

$2,500
4,290
10,000
9,600
2,800
2,250
13,839
7,480

00
00
00
00
00
00
00
00

$264,250 00

Detailed Statement o f Railroad Bonds.

Par Value.

Concord & Montreal R.R. 4s, .
Salem & Lowell R.R. 6s,
Boston & Maine R.R. 4£s,
Fitchburg R.R. 5s, .
Maine Central R.R. 4^s, .

$50,000
2,000
50.000
25.000
25.000
$152,000

Estimated
Market Value.

$51,000
2,120
55,000
26,250
26,500

Amount Invested.

00
00
00
00
00

$50,000
2,000
52,500
25.000
25.000

00
00
00
00
00

$160,870 00 $154,500 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.
$6,853 96
83,989 00
50,000 00

Bate.

Amount.

2 per cent.
2£
“
3h
“

$183,000 00
267,400 00
824,000 76

4

H
5

Rate.

Amount.

per cent.
“
“

$7,260 00
112,275 00
2,500 00

Rate.
5£ per cent.
6
7

Amount invested in real estate ior banking p u rp oses,....................................... $85,000 00
Estimated value of the s a m e , ...............................................................................
80,000 00
Assessed value of the s a m e , ........................................................................................
65,000 00
Net income received from same during year ending Oct. 31, 1894, .
.
1,870 91
Value, by books, of other real estate held or owned by foreclosure or other­
wise,
...............................................................................................................................
17,000 00
Assessed value of the s a m e , ........................................................................................
26,900 00
Net income received from same during year ending Oct. 31, 1894,
.
.
418 01
Number of loans which are o f 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 , ................................................. 451


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

442,020 76

362

R E P O R T O F TH E

Mechanics’ Savings Bank, Lowell —

[Pub. D oc

C on clu d ed .

Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ......................................................................................... $105,309 50
Times for the dividends fixed by the by-laws : first Saturday in June and
December.
Rate and amount of each semi-annual dividend 12 per cent., $41,780 58 l
82,527 79
during the year ending Oct. 31, 1894, .
.
12 per cent., 40,747 21 j
Number of accounts opened during the year ending Oct. 31,1894,
. 523
Number of accounts closed during the year ending Oct. 31, 1894,
. 596
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
4,886
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of ta x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894, ..................................................................................................
Number o f s a m e , ...................................................................................................3,029
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894................................................................................................................................
Number of s a m e , .................................................................................................. 3,738
Date o f examination by commissioner : November 27.

5,396 14
269,600 50

335,323 35

Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­

Num ­

A m ou n t.

O f $ 5 0 a n d le s s ,
E x c e e d in g $ 5 0 a n d n o t
m o r e th a n $100,
.
E x c e e d in g $100 a n d n o t
m o re th a n $ 200, .
E x c e e d in g $200 a n d n o t
m o r e th a n $ 500, .
E x c e e d i n g $ 5 0 0 a n d le s s
t h a n $ 1 ,0 0 0 , .
O f $ 1 ,0 0 0 o r m o r e , .
T o ta ls ,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

A m o u n t.

ber.

ber.

2 ,0 9 0

$ 4 6 ,5 8 4 76

434

3 5 ,6 2 1 29

2 45

3 8 ,7 0 3 33

1 49

5 2 ,7 9 2 86

47
64

3 1 ,8 9 8 26
6 4 ,0 0 0 00

3 ,0 2 9

$ 2 6 9 ,6 0 0 50

T o th e cr e d it —
O f w o m e n , b o t h a d u lt
a n d m in o r ,
O f g u a r d ia n s ,
O f re lig io u s a n d c h a r i­
ta b le a s s o c ia tio n s , .
In tru st, .
.
.
.

1 ,4 6 2
10

$ 1 2 9 ,4 7 9 73
3 ,8 9 1 95

20
3 54

3 ,0 5 9 87
3 6 ,1 3 9 63

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

363

M E C H A N IC S ’ SA V IN G S B A N K - R E A D IN G .

Incorporated March 20, 1891.

Present number of corporators, 12.

J a m e s W i g h t , President.

G a l e n A . P a r k e e , Treasurer.

E d g a r N . H u n t , Clerk o f the Corporation.

Names of committee charged with the investment of its fund s:
Ja m e s W i g h t ,

W il l ia m A . L a n g ,
W e n d e l l Banc ro ft.

Open for business every business day, 8.30 to 11

B ala n c e Sh eet O ctober

A ssets.

Bank stock as per schedule,
Railroad bonds as per schedule,
Loans on real estate, .
Deposit in bank, not on interest, .
Cash on hand,
.
.
.
.

a .m

. ; 2.30 to 4 p . m .

31, 1894.

L ia b il it ie s .

$1,010
4,195
12,735
1,114

00
00
00
31
20

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$19,054 51

$18,788 32
63 05
203 14

$19,054 51

Cash on Deposit in Bank : —
First National Bank, Reading,

$1,114 31

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10] First National Bank, Reading,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

$1,000

$1,010 00

Amount Invested.

$1,010 00

[Pub. Doc.

R E P O R T O F TH E

364

Mechanics’ Savings Bank, Reading — Continued.
Detailed Statement o f Railroad Bonds.
■
----------------- -------------Par Value.

Fitchburg R.R. 5s, .
.
.
Maine Central R.R. 4^s, .
Upper Coos R.R. 4s,
. .

.
.

Estimated
Market Value.

Amount Invested,

$2,000
1,000
1,000

$2,135 00
1,070 00
990 00

$2,130 00
1,070 00
995 00

$4,000

$4,195 00

$4,195 00

Total-Amount o f Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$ 2,000 00

5 per cent.

Amount.

$10,735 00

Rate.

Amount.

Rate.

6 per cent.

-

-

Number of loans which are of an amount not exceeding $3,000 each,

11

Aggregate amount of the s a m e , ...............................................................................
Total number o f loans upon real e s t a t e , ................................................. 11
Gross amount of interest or profits received or earned, as per books, during

$12,735 00

year ending Oct. 31, 1894,
...............................................................................
Times for the dividends fixed by the b y-la w s: second Saturday in June and

653 88

December.
Rate and amount of each semi-annual dividend J 2 per cent.,
during the year ending Oct. 31, 1894, .
.
. I2percen t.,
Number o f accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,

$187 52 )
210 5 4 J
.
.

398 06

68
28

Total number of open accounts Oct. 31, 1894................................................. 193
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

13 35

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of same........................................................................................................ 240
Amount of withdrawals, including dividends, during the year ending Oct.

13,404 65

31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ...................................................................................................1^3
Date of examination by commissioner: March 1.

6,169 18


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

Mechanics’ Savings Bank, Reading —

365

C onclud ed .

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Kum her.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

188

$2,695 41

28

2,182 82

12

1,933 42

8

2,922 50

3
1

2,600 00
1,070 50

240

$13,404 65

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

121
1

$7,685 08
500 00

3
1

281 85
5 00

[Pub. Doc

R E P O R T O F TH E

366

M EDFORD

S A V IN G S

Incorporated Feb. 26, 1869.
D a n ie l W . X

aw rence,

BANK — M EDFORD.

Present number of corporators, 82.

President.

J. G i l m a n W

C h a r l e s B . B u s s , Treasurer.

a it e ,

Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
D a n ie l W . L a w r e n c e ,
C h arles M . B ar rett,
D a n ie l A . G lea so n ,
B en j. F . H a t e s ,
F rank E . Ch an dler.

Open for business every business day, 8 to 11 a . m ., 3 to 6 p . m . ; also Saturday, 7 to 9 p . m .

B

alance

Sh e e t O cto ber

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)...............................................
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,
.
.
.
.

31, 1891.

$139,500 00
32,100 00
45.000 00
23.000 00
674,400 00
206,250 00
20.000
45,279
1,000
1,763

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$1,126,260 25
29,650 00
26,042 93
6,339 92

00
26
00
84

$1,188,293 10

$1,188,293 10

Cash on Deposit in Banks, amount in each: —
National Exchange Bank, B o s t o n , ..................................................................... $21,549 25
National Bank of Commerce, B o s t o n ,................................................. ...... .
.
23,730 01


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

367
i

Medford. Savings Bank — Continued.
Detailed Statement o f Publie Funds.

Par Value.

City of Biddeford, Me , 4s,
of Fall River, Mass., 6s, .
of Lynn, Mass, 5s, .
of Natick, Mass. 4s,
of Providence, R. I., 4s, .
of Waltham, Mass., 4s, .
Town of Hartland, Me., 4|s, .
of Medford, Mass., 4s, .
of Wellesley, Mass., 4s,
of Arlington, Mass , 4s,
of Beverly, Mass., 4s, .

$14,500
3.000
5.000
5.000
25.000
15.000
12.000
25.000
15.000
5.000
15.000

Estimated
Market Value.

$14,500
3,690
5,575
5,075
26,625
15,112
12,000
26,125
15,787
5,250
15,825

00
00
00
00
00
50
00
00
50
00
00

$139,500 $145,565 00

Amount Invested.

$14,500
3.000
5.000
5.000
25.000
15.000
12.000
25.000
15.000
5.000
15.000

00J
00
00
00
00
00
00*
00
00
00
00

$139,500 00

* A legal investment when made.

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

12
15
33
4
10
15
40
25
10
20
6
25
20
12
25
15
20
25

Par Value.

#
N’l B’k of Commerce, Boston,
Hamilton Nat’l Bank, Boston,
Blackstone Nat’l B’k, Boston,
Nat’l Revere Bank, Boston, .
National Eagle Bank, Boston,
N ’l B’k of the Republic, Boston,
N’l B’k of the Commonwealth,
B o s to n ..................................
Monument Nat’l Bank, Boston,
Market Nat’l Bank, Boston, .
N ’l Hide & Leather B’k, Boston,
Nat’l Webster Bank, Boston, .
Boston Nat’l Bank, Boston,
North National Bank, Boston,
Winthrop Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston, .
Continental Nat’l B’k, Boston,
Commercial Nat’l B’k, Boston,
Central National Bank, Lynn,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$1,2000
1,500
2,200
400
1,000
1,500

$1,380
1,657
2,200
380
830
2,385

00
50
00
00
00
00

$1,200
1,500
2,200
400
1,000
1,500

00
00
00
00
00
00

4,000
2,500
1,000
2,000
600
2,500
2,000
1,200
2,500
1,500
2,000
2,500

5,200
5,750
850
2,140
582
2,600
2,295
1,398
2,500
1,725
1,620
3,625

00
00
00
00
00
00
00
00
00
00
00
00

4,000
2,500
1,000
2,000
600
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

$32,100

$39,117 50

$32,100 00

368

R E P O R T O F TH E

Medford Savings Bank —

[Pub. D oc.

C ontin ued .

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Albany R.R. 6s,
Fitchburg R.R. 4s, .
Fitchburg R R. 4is, .
.
.
.
Portland & Kennebec R.R. 6s,

$5,000
10,000
25,000
5,000
$45,000

Estimated
Market Value.

$5,100
9,875
25,187
5,062

Amount Invested.

00
00
50
50

$45,225 00

$5,000
10,000
25,000
5,000

00
00
00
00

$45,000 00

Total Amount of Loans, with Each Specified Rate of Interest.
Amount.

$45,279 26
56,000 00
125,000 00

Kate.

1£ per cent.
4
“
41
“

Amount.

$11,000 00
25,000 00
286,650 00

Rate.

4£ per cent.
4|
“
5
“

Amount.

$29,300 00
367,700 00

Rate.

5£ per cent.
6
“

Amount invested in real estate for banking p urposes,....................................... $23,000 00
Estimated value of the s a m e , ...............................................................................
23,000 00
Assessed value o f the s a m e , ................................................................................... .
18,900 00
Number o f loans which are o f an amount not exceeding $3,000 each,
321
Aggregate amount of the s a m e , ...............................................................................
463,900 00
Total number of loans upon real e s t a t e , ................................................. 351
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894,
...............................................................................
Times for the dividends fixed by the b y-la w s: second Saturday in May
and November.
Rate and amount of each semi-annual dividend ( 2 per cent., $19,276 02 J
during the year ending Oct. 31, 1894, .
.
. 1 2 per cent., 19,894 91 f
Rate and amount of any extra dividend paid during the year ending Oct.

56,082 42

3g

Q g3
’

31, 1894.................................................................................................
1 per cent.,
8,377 31
Number of accounts opened during the year ending Oct. 31,1894,
. 558
Number of accounts closed during the year ending Oct. 31, 1894, .
. 349
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,621
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes), .
.................................................................................................. 3,412 57
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
279,946 00
Number of s a m e , .........................................................................................4,106
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894................................................................................................................................
Number o f s a m e , .........................................................................................3,146
Date of examination by commissioner: June 21.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

226,014 11

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

369

Medford Savings Bank — Concluded.
Classification of Deposits received during the Year ending Oct. 31, 1894.
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

3,149

$59,479 00

440

36,501 00

218

34,639 00

197

66,081 00

60
42

41,246 00
42,000 00

4,106

$279,946 00

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

T o the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

1,809
10

$118,024 00
1,588 00

49
548

6,222 00
38,070 00

[Pub. D oc

R E P O R T O F TH E

370

M EDW AY

S A V IN G S

Incorporated Feb. 20, 1871.

BANK — M EDW AY.

Present number of corporators, 39.

M il t o n M . F i s h e r , President.
F r e d e r ic k . L . F i s h e r , Treasurer.
F r e d e r i c k L . F i s 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 lle r ,
S. G . C l a r k ,

W ales K im b a l l ,
S u m n e r R o b b in s ,
W . H . Carey.

Open for business every business day, 9

a .m .

B ala n c e Sh eet O ctober

to 12

m.

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loans on bank stock,.
Railroad bonds as per schedule,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Cash on hand,
.
.
.

; 2 to 5

$28,500
27,010
4,741
44,500
4,705
125,292
19,978

00
00
00
00
54
50
77

8,200
842
10,017
938

00
00
42
86

$257,660 09
12,139 42
4,926 -58

Deposits, .
Guaranty fund,
Interest account,

$274,726 09

$274,726 09

Cash on Deposit in Banks, amount in each : —
Central National Bank, B o s t o n , ...............................................................................$5,659 07
Howard National Bank, B o s t o n ,...............................................................................
4,358 35

Loans on Bank Stock, amount on each : —
On 20 shares Central National Bank, Boston,
On 5 shares Dedham National Bank, Dedham, .
On 10 shares Framingham National Bank, South Framingham,
On 20 shares Holliston National Bank, Holliston,
On 5 shares Hopkinton National Bank, Hopkinton,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,750 00

200 00
*I

2,500 00
291 00

No. 8 .]

S A Y IN G S B A N K COM M ISSION ERS

371

Medway Savings Bank — Continued.
Detailed Statement o f Public Funds.
Estimated
Market Value.

City of Boston, Mass., 4s,
of Cleveland, Ohio, 6s,
of Cleveland, Ohio, 7s, .
of Detroit, Mich., 6s,
of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 5s,
of Keene, N. H., 6 s,.
of Springfield, Ohio,. 5s, .
of Waltham, Mass., 4s, .
Town of Andover, Mass., 4s, .
of Melrose, Mass., 4s, .
City of Grand Rapids, Mich., 4-|s,
County of Aroostook, Me., 4^s,

$1,000
1,000
2,000
1,000
2,000
2,000
500
3,000
5,000
2,000
1,000
3,000
5,000
$28,500

$1,103
1,045
2,143
1,255
2,170
2,233
517
3,305
5,216
2,010
1,030
3,251
5,312

00
00
00
00
00
00
00
00
00
00
00
00
00

$30,590 00

Amount Invested.

$1,000
1,000
2,000
1,000
2,000
2,000
500
3,000
5,000
2,000
1,000
3,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00

$28,500 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

6
18
30
30
15
10
10
25
15
20
20
12
20
17
20
3

Par Value.

Atlas National Bank, Boston, .
Boston National Bank, Boston,
Central N’l Bank, Boston,
First Ward Nat’l B’k, Boston,
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Manufacturers’ N’l B’k, Boston,
Mt. Vernon Nat’l B’k, Boston,
Nat’l Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,
Winthrop Nat’l Bank, Boston,
Dedham Nat’l Bank, Dedham,
Franklin Nat’l Bank, Franklin,
Holliston N ’l Bank, Holliston,
Wrentham N’l Bk, Wrentham,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$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.

$702
1,872
3,810
3,900
1,612
967
850
2,500
1,800
1,900
2,305
1,398
2,040
1,870
2,100
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

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$29,866 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$27,010 00

372

R E P O R T O F TH E

[Pub. Doc.

Medway Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston, Clinton & Fitchburg R R . 5s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4±s,
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. 6 s,.
Portland & Ogdensburg R.R. 6s,
Salem & Lowell R.R. 6s,.
Vermont & Massachusetts H.R. 5s, .
Worcester, Nashua & Rochester
R.R. 4 s,...........................................

Estimated
Market Value.

$2,000
5,000
5,000
3,000
5,000
2,000
2,000
1,000
2,000
2,000
3,000
2,000
2,000
2,500
1,000

$2,313
5,126
5,575
3,160
5,183
2,110
2,100
1,065
2,212
2,133
3,190
2,130
2,240
2,699
1,090

Amount Invested.

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$2,000
5,000
5,000
3,000
5,000
2,000
2,000
1,000
2,000
2,000
3,000
2,000
2,000
2,500
1,000

00
00
00
00
00
00
00
00
00
00*
00
00
00
00
00

5,000

5,141 00

5,000 00

$44,500

$47,467 00

$44,500 00

* A legal investment when made.

Total Amount o f Loans, with Each Specified Bate o f Interest.
Amount.

$10,017 42
1,000 00

Rate.

2 per cent.
3
“

Amount.

$7,200 00
22,490 00

Rate.

4 per cent.
5

Amount.

$128,364 27

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 ,.........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each,
248
Aggregate amount of the s a m e , ...............................................................................

$4,705 54
5,990 00
93 65
139,554 27

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 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: June 1 and December 1.
Rate and amount of each semi-annual dividend f 2 per cent., $4,612 85 1
during the year ending Oct. 31, 1894, .
.
. 1 2 per cent.,
4,684 07 i
Number of accounts opened during the year ending Oct. 31, 1894,
. 128
Number of accounts closed during the year ending Oct. 31, 1894,
. 102
Total number of open accounts Oct. 31, 1894,
.
.
.
.
1,097


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

14,375 21

9,296 92

No. 8 .]

S A Y IN G S B A N K CO M M ISSION ERS.

373

Medway Savings Bank — C onclud ed .
Total expenses oi the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

$1,378 41

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ........................................................................................ 1,149
Amount of withdrawals, including dividends, during the year ending Oct.

93,732 96

31, 1894...............................................................................................................................
Number of s a m e , ........................................................................................ 1,028
Date of examination by commissioner : January 30.

91,845 69

Classification o f Deposits received during the Year ending Oct. 31, 1894.
N um ­
ber.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .

783

$16,662 50

170

13,636 85

85

13,028 83

87

28,701 56

13
11

9,324 32
12,378 90

1,149

$93,732 96

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

Amount.

416
18

$21,515 11
694 27

43
49

5,649 46
4,287 61

374

R E P O R T O F TH E

[Pub. D oc.

MELROSE SAVINGS BANK — MELROSE.

Incorporated April 5, 1872.
D a n ie l R

u ssell,

Present number o f corporators, 20.

President.

E . 11 , Goss, Prcaszirer .
J o h n L a r r a b e e , Clerk o f the Corporation.

Names o f committee charged with the investment o f its funds :
G eorge N e w h a l l ,
D a n ie l N o r to n ,
S e t h E . B e n so n .

Open for business every business day, 2 to 5

p .m .

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,
Loan on bank stock, .
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes)..............................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

; also Saturday, 7 to 8

p .m .

31, 1894.

L ia b il it ie s .

$90,000
7,200
105
393,679
10,250

00
00
00
00
00

Deposits, .
Guaranty fund,
Interest account,

$586,345 60
10,666 30
32,762 33

57,000 00
69,653 13
1,887 10
$629,774 23

$629,774 23

Cash on Deposit in Banks, amount in each: —
National Bank of the Republic, Boston,
Melrose National Bank, Melrose, .
Winthrop National Bank, Boston,

$26,482 44
26,850 69
16,320 00

Loan on Bank Stock : —
On 2 shares Melrose National Bank, M e l r o s e , ..................................................$105 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

375

SA Y IN G S B A N K C O M M ISSION ERS.

Melrose Savings Bank —

Contin ued.

Detailed Statement o f Public Funds.

Par Value.

City of
of
of
of
of

Boston, Mass., 4s,
Brockton, Mass., 5s,
Colnmbus, Ohio, 4s,
Portland, Me., 6s,
Melrose, Mass., 4s,

.

$7,000
8,000
5.000
5.000
65,000
$90,000

Estimated

Amount Invested,

Market Value.

$7,280
9,280
5,000
6,110
67,660

$7,000
8,000
5.000
5.000
65,000

00
00
00
00
00

00
00
00*
00
00

$90,000 00

$95,330 00

* A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

27
45

Par Value.

Everett Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,

Estimated

Amount Invested.

Market Value.

$2,700
4,500

$2,241 00
4,275 00

$2,700 00
4,500 00

$7,200

$6,516 00

$7,200 00

Total Amount of Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$69,653 13
5,000 00

2 per cent.
34
“

Amount.

$52,000 00
19,850 00

Rate.

Amount.

Rate.

4 per cent.
5
“

$384,184 00

6 per cent.

Number of loans which are of an amount not exceeding $3,000 each,

285

Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real estate............................................................297
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the b y-la w s: January 1 and July 1.
Rate and amount of each semi-annual dividend j 2 per cent., $9,292 86 i
during the year ending Oct. 31, 1894,
.
• 1 2 per cent., 9,844 70 j
Number of accounts opened during the year ending Oct. 31, 1894,
. 672
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31, 1894........................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

348
3,222

$336,779 00

29,435 26

19,137 56

376

R E P O R T O F TH E

Melrose Savings Bank —

[Pub. D oc

Concluded.

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes)..............................................................................................................

f 2,326 03

Amount of deposits, not including dividends, received during the year
ending Oct. 3 1 , 1 8 9 4 , ..................................................................................................

238,216 44

Number of s a m e , .........................................................................................

4

641

Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number o f same..............................................................................................
Date o f examination by commissioner : April 26.

174,275 22

2 795

Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

3,863

$55,392 87

365

29,473 13

185

28,576 92

144

52,722 51

51
33

37,020 01
35,031 00

4,641

$238,216 44

not
not
not
less

To the credit—
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

Num ­
ber.

Am ount.

2,296
7

$105,520 29
2,844 48

56
218

7,210 76
39,135 62

No. 8 .]

SA V IN G S B A N K COM M ISSION EKS.

377

MERRIMAC SAVINGS B A N K -M E R R IM A C .

Incorporated April 19, 1871.
W

il l ia m

Present number of corporators, 47.

H . H a s k e l l , Pres¿dent.
D a n ie l J . P o o r e , Treasurer •
W i l l i a m B . S a r g e n t , Clerk o f the Corporation.

Names of committee charged with the investment o f its funds :
W il l ia m H . H a s k e l l ,
II. 0 . D e l a n o .

Open for business every business day, 8.30

Balance

Sh eet

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank sto c k ,.
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 ) , ........................................
Deposits in banks, on interest, .
Deposit in bank, not on interest,
•

a .m .

O ctober

A ssets.

T h o s. H . H o y t ,

to 12

m.

; 1.30 to 3

p .m .

31, 1894.

L ia b il it ie s .

$96,000
6,600
29,350
56.000
700
4,635
197,540
62,925

00
00
00
00
00
73
00
74

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$487,256 24
21,691 17
545 69

3,650 00
51.000 00
1,091 63
$509,493 10

$509,493 10

Cash on Deposit in Banks, amount in each : —
First National Bank, M e r r i m a c ,..............................................................................
Essex National Bank, H a v e rh ill,...............................................................................
* This amount has been reduced within the legal limit.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$32,091 63*
20,000 00

[Pub. D oc.

R E P O R T O F TH E

378

Merrimac Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On
On
On
On
On

150 shares Amesbury National Bank, Amesbury, .
11 shares First National Bank, Merrimac,
.
.
.
.
20 shares First National Bank, Merrimac......................................
6 shares First National Bank, Merrimac,
.
.
.
.
19 shares Haverhill Safe Deposit and Trust Company, Haverhill,

On
On
On
On
On
On

20 shares Manufacturers’ National Bank, Boston, .
15 shares Essex National Bank, Haverhill, .
.
.
.
10 shares First National Bank, Haverhill,
.
.
.
.
5 shares Merrimac National Bank, Haverhill,
5 shares Haverhill National Bank, Haverhill,
50 shares Martha’s Vineyard National Bank, Edgartown,

$15,000 00

1,100 00
1,000 00
600 00
1,900 00
4.000 00
350 00
400 00
5.000 00

.

Loan on Railroad Stock : —
$700 00

On 10 shares Boston & Maine R .R .,

Detailed Statement o f Public Funds.

j
City of Dayton, Ohio, 4s,
of Quincy, Mass., 4s,
of Newton, Mass., 4s,
of Fall River, Mass , 4s, .
of Haverhill, Mass., 4s, .
of Stamford, Conn., 4s, .
of Meriden, Conn , 4s,
of Waterbary, Conn., 4s, .
of Keene, N. H., 4s, .
of Concord, N. H., 4s,
County of Aroostook, Me., 4Js,
City of Lynn, Mass., 4s,

Par Value.

Estimated
Market Value.

$8,000
12,165
5,312
7,402
20,400
5,175
5.100
5,200
2,075
7,315
15,937
5.100

$8,000
12,000
5.000
7.000
20,000
5.000
5.000
5.000
2.000
7.000
15,000
5.000
$96,000

00
00
50
50
00
00
00
00
00
00
50
00

$99,182 50

Amount Invested.

$8,000
12,000
5.000
7.000
20,000
5.000
5.000
5.000
2.000
7.000
15,000
5.000

00*
00
00
00
00
00
00
00
00
00
00
00

$96,000 00

* A legal investment when made.

No. of
Shares.

Detailed Statement o f Bank Stocks.

8
17
36
10

Par Value.

Powow River National Bank,
Amesbury, .
.
.
.
Blackstone JNat’ l B’k, Boston, .
First Nat’l Bank, Merrimac, .
Océan N’I B’k, Newburyport,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$800
1,700
3,600
500
$6,600

Estimated
Market Value.

$1,240
1,700
5,580
600

00
00
00
00

$9,120 00

Amount Invested.

$800
1,700
3,600
500

00
00
00
00

$6,600 00 »

No. 8 .]

SA Y IN G S B A N K CO M M ISSIO N ERS.

379

Merrimac Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.

$5,000
20,000
11,000
15,000
5,000
$56,000

Estimated
Market Value.

$5,087
20,300
11,220
14,850
5,200

Amount Invested.

50
00
00
00
00

$56,657 50

$5,000
20,000
11,000
15,000
5,000

00
00
00
00
00

$56,000 00

Total Amount of Loans, with Each Specified Rate of Interest.
Amount.
$31,000 00
23,650 00
28,000 00

Rate.

Amount.

Rate.

Amount.

Rate.

3J per cent.
4
“
4h “

$105,392 67
13,683 00

5 per cent.
5è
“

$142,940 07
500 00

6 per cent.
7

Value, by books, o f real estate held or owned by foreclosure or otherwise,
f t , 635 73
Assessed value of the s a m e ,........................................................................................
3,950 00
Net income received from same during year ending Oct. 31, 1894,
.
.
85 98
Number of loans which are of an amount not exceeding $3,000 each, 178
Aggregate amount o f the s a m e , ..............................................................................
176,615 74
Total number of loans upon real e s t a t e , ................................................. 167
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ...............................................................................
26,114 12
Times for the dividends fixed by the b y -la w s: third Wednesday in
April and October.
Rate and amount of each semi-annual dividend f 2 per cent., $9,278 08 1
jg g__ 0g
during the year ending Oct. 31, 1894,
.
. 42 percent.,
9,397 20 1
’ °
Number of accounts opened during the year ending Oct. 31, 1894,
118
Number of accounts closed during the year ending Oct. 31, 1894,
129
Total number of open accounts Oct. 31, 1894.......................................
1,453
Total expenses of the corporation for the year ending Oct. 31,1894 (ex­
clusive of taxes),
Amount of deposits, not including dividends, received during the year end­
ing Oct. 31,1894...................................................................................................................
Number of s a m e , ........................................................................................
642
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894....................................................................................................................................
Number of s a m e , ........................................................................................
882
Date of examination by commissioner : July 20.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1,710 42
51,16462

68,23763

R E P O R T O F TH E

380

[Pub. D oc

Merrimac Savings Bank — Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

493

$8,112 45

62

5,263 58

27

4,648 00

37

14,204 60

13
10

8,912 55
10,023 44

642

$51,164 62

not
not
not
less

To the credit —
Of women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

Am ount.

310
2

$27,621 27
1,100 00

21
9

1,337 50
2,298 38

No. 8 .]

381

SA Y IN G S B A N K COM M ISSION ERS

MERRIMACK RIVER SAVINGS BANK — LOW ELL.

Incorporated Feb. 24, 1871.

Present number of corporators, 28.

J. G. P e a b o d y , President.
N . G. L a m s o n , Treasurer.
N . G . L a m s o n , Clerk o f the Corporation.

Names of committee charged with the investment of its funds
J. G. P e a b o d y ,
R . G. B a r t l e t t ,

F r a n c is J e w e t t ,

C. F. V arnum,

C. E . A d a m s .

H . C. H o w e ,

Open for business every business day, 9

a .m

. to 1 p . m . ; Saturday, 7 to 9 p . m .

Ba l a n c e Sh ee t O ctober

31, 1894.

L ia b il it ie s .

A ssets.

$109,450
3,700
51,000
8,500
761,099
335,999
59,556
2,162

Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate by foreclosure, .
Loans on real estate, .
Loans on personal security,
Deposits in banks, on interest, .
Cash on hand.....................................

25
00
00
00
22
92
15
53

$1,331,468 07

Deposits, .
Guaranty fund,
Interest account,

$1,235,271 47
35,000 00
61,196 60

$1,331,468 07

Cash on Deposit in Banks, amount in each: —
W am esit National Bank, Lowell, .
Old Lowell National Bank, Lowell,

$43,842 31
15,713 84

Loans on Bank Stock, amount on each : —
On 17 shares W amesit National Bank, Lowell,
On 20 shares Wamesit National Bank, Lowell,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$1,700 00
2,000 00

382

R E P O R T O F TH E

[Pub. D oc

Merrimack River Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

45 Atlas National Bank, Boston, .
25 Atlantic Nat’l Bank, Boston, .
17 Blackstone N’l Bank, Boston, .
50 Boston National Bank, Boston,
20 Eliot National Bank, Boston, .
23 Fourth Nat’l Bank, Boston,
20 Globe National Bank, Boston,
35 Hamilton Nat’l Bank, Boston,
79 N'l Hide & Leather B’k,Boston,
40 Howard Nat’l Bank, Boston, .
40 Metropolitan N’l B’k, Boston,
15 North National Bank, Boston,
62 N’l B’k of No. America, Boston,
34 Old Boston Nat’l B’k, Boston,.
104 N’l B’k of Redemption, Boston,
25 Suffolk Nat’l Bank, Boston, .
55 Tremont Nat’l Bank, Boston, .
7 Nat’l Webster Bank, Boston, .
102 Wamesit Nat’l Bank, L ow ell,.
51 N ’l B’k of Commerce, Boston,
20 Columbian Nat’l Bank, Boston,
15 Continental Nat’l B’k, Boston,
28 FaneuilHall Nat'l B’k, Boston,
55 Shawmut Nat’l Bank, Boston,
7 State National Bank, Boston, .

Estimated
Market Value.

$4,500
2,500
1,700
5,000
2,000
2,300
2,000
3,500
7,900
4,000
4,000
1,500
6,200
3,400
10,400
2,500
5,500
700
10,200
5,100
2,000
1,500
2,800
5,500
700

$5,265
3,075
1,700
5,200
2,620
2,725
1,800
3,844
8,532
4,000
4,000
1,700
7,200
3,554
12,740
2,500
4,840
700
14,200
6,076
2,080
1,837
3,654
6,380
812

$97,400

$111,086 75

00
00
00
00
00
50
00
50
00
00
00
00
00
50
00
00
00
00
00
75
00
50
00
00
00

Amount Invested.

$4,500
2,845
1,700
5,000
2,405
2,300
2,000
3,844
8,292
4,000
4,000
1,500
7,351
3,554
12,491
2,500
5,500
700
14,105
6,076
2,000
1,837
3,654
6,592
700

00
00
00
00
00
00
00
50
50
00
00
00
50
50
50
00
00
00
00
75
00
50
00
50
00

$109,450 25

Detailed Statement o f Bailroad Bonds.
Par Value.

Boston & Lowell R.R. 4s,
Boston & Lowell R.R. 6s,
Cheshire R.R. 6s,
Fitchburg R.R. 4±s, .
.
.
.
Lowell & Lawrence R.R. 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

$20,000
1,000
2,000
25,000
3,000

$20,200
1,030
2,150
25,575
3,180

$51,000

$52,135 00

00
00
00
00
00

Amount Invested.

$20,000
1,000
2,000
25,000
3,000

00
00
00
00
00

$51,000 00

No. 8 .]

S A Y IN G S B A N K

COM M ISSION ERS

Merrimack River Savings Bank —

383

Conclud ed .

Total Amount of Loans, with Each Specified Rate o f Interest.

Amount.

$43,842 31
15,713 84
137,000 00

Rate.

Amount.

2 per cent.
2h
“
4
“

$55,000 00
81,500 00
586,674 22

Rate.

Amount.

Rate.

4;J per cent.
4é
“
5
«

$116,749 92
122,335 00
1,540 00

5£ per cent.
6
7

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , ........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each,
179
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 238
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 4 , ........................................................................................

$8,500 00
10,950 00
378 46
272,355 00
3,500 00
64,813 50

Times for the dividends fixed by the by-laws : first Saturday in M ay and
November.
Rate and amount o f each semi-annual dividend f 2 per cent., $23,223 60 1
46,336 46
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 23,112 86 i
Number of accounts opened during the year ending Oct. 31,1894,
. 313
Number o f accounts closed during the year ending Oct. 31, 1894,
. 280
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,356
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
3,981 47
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
158,002 17
Number of same, .
.
.
.
.
.
4
.
.
1,512
Amount of withdrawals, including dividends, during the year ending
Oct. 31, 1 8 9 4 , ............................................................................................................
165,444 48
Number of s a m e , .........................................................................................1,658
Date of examination by commissioner: June 25.

Classification of Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .

971

$20,284 75

230

18,877 09

134

20,948 94

107

38,291 02

39
31

28,600 37
31,000 00

1,512

$158,002 17

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

T o the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and charitable associations, .
In trust................................

Amount.

560
2

$57,831 04
682 26

21
177

2,110 10
19,324 67

384

R E P O R T O F TH E

[Pub. D oc

MIDDLEBOROUGH SAVINGS BANK — MIDDLEBOROUGH.

Incorporated March 15, 1873.

Present number of corporators, 36.

E v e r e t t R o b in s o n , President.

A n d r e w M . W o o d , Treasurer.

A n d r e w M . W o o d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
E v e r e t t R o b in s o n ,

George E . D oane,

Ja m e s H . H a k l o w ,

M a t t h e w H . C u s h in g ,

S p r a g u e S. S t e t s o n .

Open for business every business day, 9 a . m . to 12
7 to 8 p . m .

Balance

Sh eet O ctober

m

. ; 2 to 4 p . m . ; also Saturday,

31, 1894.

A ssets.

Public funds as per schedule,
.
Bank stock as per schedule,
Loan on bank stock , .
Railroad bonds as per schedule,
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

L ia b il it ie s .

$115,000
12,900
750
66,000
7,046
455,331
65,224

00
00
00
00
00
57
98

Deposits, .
Guaranty fund,
Interest account,

$835,647 18
25,000 00
16,141 74

102,605 Q0
48,601 56
3,329 81
$876,788 92

$876,788 92

Cash on Deposit in Banks, amount in each: —
Middleborough National Bank, Middleborough, .
First National Bank, New Bedford,
Pynchon National Bank, Springfield, .
Mechanics’ National Bank, Boston,
Winthrop National Bank, Bos t on, .
.
.
.

$8,529 45
10,000 00
10,000 00
17,597 72
2,474 39

Loan on Bank Stock : —
On 10 shares Middleborough National Bank, Middleborough,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

.

.

$750

00

N o . 8 .J

385

SA V IN G S B A N K COM M ISSION ERS

Middleborough Savings Bank — Continued.
Detailed Statement o f Public Funds.
Estimated
Market Value.

Par Value.

I

City of Boston, Mass., 4s,
of Dayton, Ohio, 5 s,.
of Dayton, Ohio, 6s,
of Dover, N. H., 4s, .
of Fort Wayne, Ind., 4^s,
of Grand Rapids, Mich., os,
of Lynn, Mass., 4s, .
of Saginaw, Mich., 5s,
of Oshkosk, Wis., 4|s,
of Rockford 111., 4^s,
of Springfield, Ohio, 4|s,
United States 5s,
City of 'Youngstown, Ohio, 6s,

$6,12011,100
6,180
5,050
5,250
24,300
15,600
3,030
10,260
10,700
4,240
11,900
7,630

$6,000
10,000
6,000
5,000
5,000
24,000
15,000
3,000
10,000
10,000
4,000
10,000
7,000
$115,000

00
00
00
00
00
00
00
00
00
00
00
00
00

$121,360 00

Amount Invested.

$6,000
10,000
6,000
5,000
5,000
24,000
15,000
3,000
10,000
10,000
4,000
10,000
7,000

00
00*
00*
00
00
00
00
00
00
00
00
00
00

$115,000 00

* Legal investments when made.

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

21
22
33
12
30
11

Par Value.

Suffolk National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Middleborough N at’l Bank,
Middleborough, .
National Bank of Commerce,
New Bedford,
Plymouth N’l B’k, Plymouth, .

Estimated
Market Value.

Amount Invested.

$2,100
2,200
3,300

$2,100 00
1,936 00
3,300 00

$2,100 00
2,200 00
3,300 00

1,200

1,200 00

1,200 00

3,000
1,100

2,490 00
1,265 00

3,000 00
1,100 00

$12,900

$12,291 00

$12,900 00

Detailed Statement o f Bailroad Bonds.
Par Value.

Boston & Lowell R.R. 4s.
Fitchburg R.R. 4s, .
Fitchburg R.R. 4|s, .
.
Fitchburg R.R. 5s, .
Fitchburg R.R. 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

.

$20,000
1,000
5,000
8,000
5,000

Estimated
Market Value.

$20,300
980
5,050
8,450
5,250

00
00
00
00
00

Amount Invested.

$20,000
1,000
5,000
8,000
5,000

00
00
00
00
00

386

R E P O R T O F TH E

[Pub. D oc.

Middleborough Savings Bank — Continued.
Detailed Statement o f Railroad Bonds — Concluded.

Par Value.

Old Colony R.R. 4 s ,.
Old Colony R.R. 6 s,.
Portland & Kennebec R.R. 6s,
Portland & Ogdensburg R.R. 6s,

Estimated
Market Value.

$10,000
7,000
5,000
5,000

$10,550
7,275
5,100
5,500

$66,000

$68,455 00

Amount Invested.

00
00
00
00

$10,000
7,000
5,000
5,000

00
00
00
00

$66,000 00

Total Amount o f Loans, with Each Specified Rate of Interest

Kate.

Amount.

$2,474
18,529
17,597
5,000

39
45
72
00

2 per cent.

24

3
3f

“
“
“

Amount.

$79,150 00
15,755 00
7,500 00

Kate.

4 per cent.
4^
“
44
“

Rate.

Amount,

$39,500 00
18,737 33
468,269 22

5 per cent.
54
“
6

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , .........................................................................................
Number of loans which are o f an amount not exceeding $3,000 each, 587
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 452
Gross amount o f interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: first Monday in April and
October.
Rate and amount of each semi-annual divi- f 2 per cent.,
$15,269 80 i
dend during the year ending Oct. 31, 1894,
1 2 per cent.,
15,668 84 j
Number of accounts opened during the year ending Oct. 31, 1894,
372
Number o f accounts closed during the year ending Oct. 31, 1894,
296
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,843
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , ...................................................................................................2,113
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894................................................................................................................................
Number of same, ...................................................................................................1,881
Date of examination by commissioner: M ay 21.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$7,046 00
5,745 00
403,719 22

43,585 76

30,938 64

2,211 45
151,786 54

136,232 92

No. 8 .]

387

S A Y IN G S B A N K COM M ISSION ERS
\

Middleborough Savings Bank —

Conclud ed .

Classification o f Deposits received during the Year ending Oct. 3 1 , 1894.
■Num­
ber.
Of $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000. or more, .

1,582

$29,789 39

252

20,958 35

124

19,581 26

97

33,941 09

40
18

28,734 18
18,782 27

2,113

$151,786 54

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
Of guardians,
O f religious and charitable associations, .
In trust................................

Amount.

934
3

$66,388 48
1,350 00

46
173

3,246 59
11,402 22

388

R E P O R T O F TH E

[Pub. D oc.

MIDDLESEX INSTITUTION FOE SAVINGS — CONCOED.

Incorporated March 4, 1835.

Present number of corporators, 21.

S a m u e l H o a r , President.

v

H e n r y J. H o s m e r , Treasurer.

H e r b e r t W . H o s m e r , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
Sa m u e l H o a r ,

L orenzo E a to n ,

C h a s. H . W alcott,

C harles E . B r ow n.

Open for business every business day, 9

B alan c e Sh eet O ctober

A ssets.

Bank stock as per schedule,
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes).............................................
Deposit in bank, on interest,
Deposit in bank, not on interest,
Expense account,

a .m

. to 2 b . m .

31, 1894.

L ia b il it ie s .

$247,100 00
196,000 00
1,400
4,000
416,175
395,200

00
00
00
00

60,400
21,742
8,682
1,385

00
38
21
05

$1,352,084 64

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .

$1,253,036 37
61,000 00
30,015 76
8,032 51

$1,352,084 64

Cash on Deposit in Banks, amount in each: —
National Union Bank, B o s t o n , ...............................................................................$21,742 38
Concord National Bank, C o n c o r d , .....................................................................
8,682 21


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

389

SA Y IN G S B A N K COM M ISSION ERS

Middlesex Institution for Savings — Continued.

No. of !
Shares.

Detailed Statement o f Bank Stocks.

66
125
50
100
67
103
27
150
150
100
28
21
72
200
50
50
150
100
6
200
45
100
100
111
100
100
100

Tar Value.

Blackstone Nat’l B’k, Boston,.
Boston Nat’l Bank, Boston,
Central Nat’l Bank, Boston, .
National City Bank, Boston, .
Columbian Nat’1 B’k, Boston,
N’l B'k of Commerce, Boston,
Continental Nat’l Bank, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston, .
Faneuil Hall N’l B’k, Boston,
First National Bank, Boston,.
Hamilton Nat’l Bank, Boston,
N ’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Market Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
N’l B’k of No. America, Boston,
Old Boston Nat’l Bank, 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, .
Tremont Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Concord Nat’l Bank, Concord,

Estimated
Market Value.

Amount Invested.

$6,600
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
10,000
10,000

$6,600 00
13,000 00
6,350 00
8,200 00
6,934 50
11,845 00
3,105 00
12,487 50
19,650 00
13,075 00
6,664 00
2,320 50
7,740 00
19,350 00
3,900 00
4,250 00
23,625 00
11,400 00
630 00
19,000 00
8,325 00
11,600 00
9,000 00
12,876 00
8,800 00
9,700 00
15,000 00

$6,600 00
12,500 00
5,000 00
10,000 00
6,700 00
10,300 00
2,700 00
15,000 00
15,000 00
10,000 00
2,800 00
2,100 00
7,200 00
20,000 00
5,000 00
5,000 00
15,000 00
10,000 00
600 00
20,000 00
4,500 00
10,000 00
10,000 00
11,100 00
10,000 00
10,000 00
10,000 00

$247,100

$275,427 50

$247,100 00

Detailed Statement o f Railroad Bonds.
Par Value.

Concord & Montreal R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 5s, .
Maine Central R.R. 4^-s, .
Sullivan County R.R. 4s, .
Conn. & Passumpsic Rivers R.R. 4s,
Boston & Maine R R. 4is,
Maine Central R R. 4s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$47,000
37.000
20.000
22,000
20,000
10,000
10,000
25,000
5,000

Estimated
Market Value.

$48,175
45,140
20,000
23,100
21,000
10,150
10,200
27,750
5,000

00
00
00
00
00
00
00
00
00

Amount Invested.

$47,000
37.000
20.000
22,000
20,000
10,000
10,000
25,000
5,000

00
00
00
00
00
00
00
00
00

$196,000 $210,515 00 $196,000 00

390

R E P O R T O F TH E

[Pub. D oc.

Middlesex Institution for Savings —

Conclud ed .

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$21,742
81,500
153.000
101.000

Kate.

38
00
00
00

Amount.

2 per cent.
4
“
U
“
4h
“

$10,000
2,000
221,400
98,050

00
00
00
38

Rate.

Amount.

Kate.

4| per cent.

$198,325 00
5,800 00
700 00

6 per cent.
6J
7
“

5^
5é

“
“

Amount invested in real estate for banking p u rp oses,........................................
Estimated value o f 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
otherwise,
•
............................................................................................................
Assessed value of the s a m e , .........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, . 179
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 173
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894...................................................................................

$1,400 00
1,400 00
575 00
4,000 00
4,100 00
232 23
245,025 00

69,147 02

Times for the dividends fixed by the by-laws : first Tuesday in June and
December.
Rate and amount of each semi-annual dividend f 2 per cent., $23,065 99 1
during the year ending Oct. 31, 1894, .
.
I 2 per cent.,
23,315 85 1
Rate and amount of any extra dividend paid during the year ending Oct.
31, 1 8 9 4 , ........................................................................................
per cent.,
Number of accounts opened during the year ending Oct. 31, 1894,
. 455
Number of accounts closed during the year ending Oct. 31, 1894,
. 353
Total number of open accounts Oct. 31, 1894,
.
.
.
.
3,954

46,381 84

15,942 67

Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ),............................................................................................................

3,979 75

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894........................................................................................................

203,723 23

Number o f same,

...................................................................................................2,303

Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894................................................................................................................................

215,362 84

Number o f s a m e , ...................................................................................................2,304
Date of examination by commissioner: May 14.

Classification o f Deposits received during the Year ending Oct. 3 1 , 1894.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

1,541

$31,424 96

391

32,170 63

181

27,812 62

122

44,514 56

58
10

42,512 65
25,287 81

2,303

$203,723 23

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

N um ­
ber.
To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Am ount.

1,082
3

$82,510 49
1,510 00

22
140

1,260 07
32,532 18

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

391

MILFORD SAVINGS B A N K — MILFORD.
Incorporated April 24, 1851.

Present number of corporators, 45.

J o h n P . D a n i e l s , President.

J a m e s E . W a l k e r , Treasurer.

J a m e s E . W a l k e r , Clerk o f the Corporation.

Names of committee charged with the investment of its funds :
Ch ar les F. Cl a f l in ,

J o h n P. D a n i e l s ,

Je ss e A . T a f t .

Open for business every business day, except Saturday, 9 a . m . to 12
Saturday, 9 a . m . to 12 m .
B alance

Sh e e t

O ctober

; 1.30 to 3.30

p .m .

;

31, 1894.
L ia b il it ie s .

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on railroad stock, .
Real estate (for banking pur­
poses)...............................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Deposits in banks, on interest, .
Deposit in bank, not on interest, .

m.

$240,500
169,278
13,130
154,000
27,600

00
99
00
00
00

Deposits, .
Guaranty fund,
Profit and loss
count, .

$1,695,065 57
49,364 54
ac­
25,257 92

25,000 00
618,879 00
411,637 50
78,300 00
21,206 93
10,155 61
$1,769,688 03

$1,769,688 03

Cash on Deposit in Banks, amount in each: —
Milford National Bank, M i l f o r d ,...............................................................................$30,155 61
National Bank of Redemption, B o s t o n , ...........................................................
1,206 93
Loans on Bank Stock, amount on each: —
On 25 shares Home National Bank, M i l f o r d , ................................................. $2,200 00
On
On
On
On
On

85 shares Milford National Bank, M i l f o r d
15 shares Central National Bank, B o s t o n
2 shares Milford National Bank, M i l f o r d
O^hares Milford National Bank, M i l f o r d
6 shares Milford National Bank, M i l f o r d

, .................................................. 1
, ................................................. 1
, .................................................
, .................................................
, .................................................

10 000 00
180 00
500 00
250 00

Loans on Railroad Stock, amount on each: —
On 240 shares Boston & Maine R . R . , .....................................................................$25,000 00
On 26 shares Providence & Worcester R . R . , .................................................
2,600 00*


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

* This illegal loan has since been paid.

392

R E P O R T O F TH E

[Pub. Doc

M i l f o r d S a v i n g s B a n k — Continued.

Detailed Statement o f Public Funds.
Estimated
Market Value.

City of Boston, Mass., 4s,
of Cleveland, Ohio, 4s,
of Dayton, Ohio, 4s,
of Portland, Me., 6s,
of Providence, R. 1., 5s, .
Town of Framingham, Mass., 4s,
of Maynard, Mass., 4s, .
of Milford, Mass., 6s, .
of Weymouth, Mass., 4s,
United States 4s,
Town of Beverly, Mass., 4s, .
City of Bridgeport, Conn., 4s,.
of Cleveland, Ohio, 5s,
of New Britain, Conn., 4s,
of Newport, R. I., 4s,
of Somerville, Mass., 4s, .
of Grand Rapids, Mich,, 4Js,

125,000
14,000
15,000
2,000
25,000
20,000
20,000
10,000
10,000
16,500
15,000
6,000
6,000
20,000
10,000
20,000
6,000
$240,500

$27,715
14,380
15,300
2,440
28,900
21,000
21,200
10,600
10,600
18,975
15,900
6,420
6,300
20,600
10,700
20,400
6,540

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$257,970 00

Amount Invested.

$25,000
14,000
15,000
2,000
25,000
20,000
20,000
10,000
10,000
16,500
15,000
6,000
6,000
20,000
10,000
20,000
6,000

00
00
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$240,500 00

* A legal investment when made.

1 No. of
1Shares.

Detailed Statement of Bank Stocks.

150
30
15
42
4
100
48
100
40
47
25
110
2
7
78
25
10
50
40

Par Value.

Central Nat’l Bank, Boston, .
National Revere Bank, Boston,
Blackstone N’l Bank, Boston,.
Howard Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
N’l Hide & Leather B’k, Boston,
Eliot National Bank, Boston, .
Shawmut N’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Nat’l Union Bank, Boston,
Continental N’l Bank, Boston,
N’l B’k of Redemption, Boston,
Shoe & Leather N’l B’k, Boston,
Boylston Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Nat’l Exchange Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Atlas National Bank, Boston,
Washington N’l Bank, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$15,000
3,000
1,500
4,200
400
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

Estimated
Market Value.

$19,050
2,850
1,500
4,032
400
10,700
6,288
11,600
3,400
6,298
2,875
13,750
180
875
9,048
3,150
1,220
5,850
4,360

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$22,000
3,000
1,500
4,496
400
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

00
00
00
00
00
50
99
50
00
50
25
00
50
12
63
25
00
00
00

No. 8 .]

SA Y IN G S B A N K COM M ISSIONERS

393

Milford Savings Bank — Continued.

Ko. of
Shares.

Detailed Statement o f Bank Stocks— Concluded.

5
100
27
75
263

Par Value.

National Eagle Bank, Boston,
Home Nat’l Bank, Brockton, .
Hopkinton N’l B’k, Hopkinton,
Home Nat’l Bank, Milford,
Milford Nat’l Bank, Milford, .

$500
10,000
2,700
7,500
26,300
$139,300

Estimated
Market Value.

$415
15,000
2,700
11,250
39,450

Amount Invested.

00
00
00
00
00

$588
10,000
2,700
7,500
28,000

75
00
00
00
00

$176,241 00 $169,278 99

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Albany R R. 5s,
Boston & Albany R.R, 6s,
Boston & Maine R R. 4s,.
Boston & Maine R.R. 4|s,
Fitchburg R.R. 4s, .
Fitchburg R R. 5s, .
Old Colony R.R. 6s,.
Old Colony R.R. 4s,.
Portland & Ogdensburg R R. 6s,
Boston & Lowell R.R. 4s,
Worcester, Nashua & Rochester
R.R. 4s.............................................

$25,000
7,000
10,000
15,000
15,000
15,000
2,000
10.000
15,000
20,000

Estimated
Market Value.

$27,500
7,140
10,300
16,650
15,000
16,350
2,140
10,600
16,800
20,400

Amount Invested.

00
00
00
00
00
00
00
00
00
00

$25,000
7,000
10,000
15,000
15,000
15,000
2,000
10,000
15,000
20,000

00
00
00
00
00
00
00
00
00
00

20,000

20,400 00

20,000 00

$154,000

$163,280 00

$154,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Kate.

Amount.

$21,206
326.600
50,000
167.600

93
00
00
00

2 per cent.
4
“
4|
«
H
“

Kate.

Amount.

$25,000
383,971
58,450
120,560

00
00
00
50

4\ per cent.
5
5è
6

«
“
“

Amount.

$950 00
4,415 00
12,000 00

Kate.

6£ per cent.
7
10
“

Amount invested in real estate for banking p u rp oses,.......................................
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, 1894,

$25,000
25.000
24.000
1,183

Number of loans which are of an amount not exceeding $3,000 each,
335
Aggregate amount of the same......................................................................................
Total number of loans upon real e s t a t e , ................................................. 354

312,259 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
00
15

R E P O R T O F TH E

394

Milford Savings Bank —

[Pub. D oc

C onclud ed .

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 4 * ........................................................................................
Times for the dividends fixed by the b y-la w s: second Saturday in April
and October.
Rate and amount of each semi-annual dividend f 2 percent., $31,509 75 7
during the year ending Oct. 31, 1894,
.
. 12 percent., 31,903 83 J
Number o f accounts opened during the year ending Oct. 31, 1894,
. 594
Number of accounts closed during the year ending Oct. 31, 1894,
. 589
Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,235
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

$30,537 50
84,064 01

63 413 58
’

3,730 15

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , ........................................................................................ 3,632
Amount of withdrawals, including dividends, during the year ending Oct.

288,269 23

31, 1894.............................................................................. ................................................
Number of s a m e , .........................................................................................4,320
Date of examination by commissioner: M ay 4.

301,242 79

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Am ount.

2,510

$52,005 89

544

45,873 00

264

40,646 70

221

78,934 44

67
26

44,809 20
26,000 00

3,632

$288,269 23

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and char­
itable associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

1,855
21

$141,357 59
4,100 73

96
111

6,930 23
15,662 11

No. 8 .]

SA Y IN G S B A N K COM M ISSION ERS

395

M ILLBURY SAVINGS BANK — M ILLBURY.
Incorporated April 10, 1854.
Levi L. W

h it n e y ,

Present number of corporators, 43.

President.

D a y i d A t w o o d , Treasurer.

D a y id A t w o o d , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
Ch a rles D . M oese,
D a v id T . M a k c h ,
L e y i L . W h it n e y ,

I ra N . G od dard,
D a m ie n D u c h a r m e ,
A . A rm sby.

Open for business every business day, except Saturday, 9
9 a . m . t o 12 M .

B alan ce Sh eet 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 stock,
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,
Deposit in bank, on interest,
Expense account,
Premium account,
Cash on hand....................................

a .m

. to 3 p . m . ; Saturday,

31, 1894.

L ia b il it ie s .

$76,000
153,500
17,040
64,000
150

00
00
00
00
00

15,500
6,505
324,840
152,805

00
24
00
00

62,150
75
41,676
666
1,000
1,798

00
00
61
25
00
53

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account, .
Suspense account, .
Rents,

$852,063 94
31,200 00
27,920 60
6,409 52
50 00
62 57

*

$917,706 63

Cash on Deposit in B a n k : —
Millbury National Bank, M i l l b u r y , ................................................. .........

$917,706 63

t
$41,676 61

Loans on Bank Stock, amount on each: —
On 38 shares Millbury National Bank, M illbury................................................... $3,040 00
On 50 shares Millbury National Bank, M illbury...................................................
4,000 00
On 100 Broadway National Bank, Boston................................................................
10,000 00
Loan on Railroad Stock: —
On 1 share Boston & Albany R .R ................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

v
$150 00

396

R E P O R T O F TH E

[Pub. D oc

M illb u r y Savin gs B a n k — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Columbus, Ohio, 4s, .
of Dubuque, Iowa, 6s,
of Grand Rapids, Mich.,4^s, .
of Youngstown, Ohio, 5s,
Town of South Norwalk, Conn , 6s,
of Westborough, Mass., 5s, .
City of Milwaukee, Wis., 5s, .
of New Britain, Conn., 4s,

* A

Estimated
Market Value.

$10,000
3.000
15.000
15.000
10.000
3.000
10,000
10,000

$10,000
3,060
16,500
16,050
10,100
3,090
11.300
10.300

00
00
00
00
00
00
00
00

$76,000

$80,400 00

Amount Invested.

$10,000
3.000
15.000
15.000
10.000
3.000
10,000
10,000

00*
00
00
00
00
00
00
00

$76,000 00

le g a l in v e s t m e n t w h e n m a d e .

I No. o f
' Shares.

Detailed Statement o f Bank Stocks.

50
42
49
20
100
50
42
25
25
23
57
15
200
12
50
40
3
35
25
74
25
20
50
68
15
40
3
168

Tar Value.

Atlas Nat’l Bank, Boston,
Blackstone N’l Bank, Boston,
Boston National Bank, Boston,
Continental Nat’l B’k, Boston,
Eliot National Bank, Boston, .
First Ward N’l Bank, Boston,.
Globe National Bank, Boston,
Hamilton Nat’l Bank, Boston,
Manufacturers’ N’l B’k, Boston,
Merchants’ Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
N’l B’k of No. America, Boston,
Nat’l 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,
Second National Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Shoe & Leather N’l B’k, Boston,
South End Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Winthrop N'l Bank, Boston, .
Grafton Nat’l Bank, Grafton, .
Leicester N’l Bank, Leicester,
Millbury N’l Bank, Millbury, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$5,000
4,200
4,900
2,000
10,000
5,000
4,200
2,500
2,500
2,300
5,700
1,500

$5,850
4,200
5,096
2,300
13,100
6,500
3,696
2,762
2,500
3,628
6,555
1,725

00
00
00
00
00
00
00
50
00
25
00
00

$5,000
4,200
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
2,500
7,400
2,500
2,000
5,000
6,800
1,500
4,000
300
16,800

26,050
960
5,375
4,640
313
7.300
2,881
6,660
1,950
2,000
5,800
6,103
1,747
4,000
480
16,800

00
00
00
00
50
00
25
00
00
00
00
00
50
00
00
00

20,000
1,200
5,000
4,000
300
3,500
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
00
00
00
00
00
00

No. 8 .]

397

SA V IN G S B A N K COM M ISSION ERS

Millbury Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

40
25
36
27
5
17
50
9

Par Value.

Second N’l Bank, Norwich, Ct,,
Oxford Nat’l Bank, Oxford, .
Central N’l Bank, Worcester,
City Nat’l Bank, Worcester, .
Citizens’ N’l Bank, Worcester,
Mechanics’ N’l B’k, Worcester,
Quinsigamond National Bank,
Worcester, .
.
.
.
Worcester N’l B’k, Worcester,

$4,000
2,500
3,600
2,700
500
1,700
5,000
900

Estimated
Market Value.

$4,400
2,500
5,220
3,915
650
1,700

00
00
00
00
00
00

Amount Invested.

$4,000
2,500
3,600
2,700
500
1,700

00
00
00
00
00
00

5,000 00
900 00

6,500 00
1,305 00

$153,500 $177,163 00 $153,500 00

Detailed Statement o f Railroad Bonds.

Par Value.

Fitchburg R.R. 4s, .
Fitchburg R.R. 4|s, .
.
.
.
Providence & Worcester R.R. 6s, .
Vermont & Massachusetts R.R. 5 s,.
Fitchburg R.R. 5s, .
St. Johnsbury & Lake Champlain
R.R. 5 s , ..................................

Estimated
Market Value.

00
00
00
00
00

Amount Invested.

$4,000
10,000
20,000
10,000
10,000

00
00
00
00
00

$4,000
10,000
20,000
10,000
10,000

$3,940
10,100
21,200
10,900
10,500

10,000

11,500 00

10,000 00

$64,000

$68,140 00

$64,000 00

Total Amount o f Loans , with Each Specified Rate o f Interest.

Amount.

$41,676 61
89.200 00
40,000 00

Bate.

3
4

per cent.
“

4i

“

Amount.

$14,750 00
15,000 00
186,135 00

Bate.

4^ per cent.
4|
5

Amount.

$30,000 00
181,975 00

Bate.

5£ per cent.
6

“

Amount invested in real estate for banking p u r p o se s,....................................... $15,500 00
Estimated value of the s a m e , ..............................................................................
18,000 00
Assessed value of the same.............................................................................................
12,000 00
Net income received from same during year ending Oct. 31, 1894,
.
.
190 54


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

398

R E P O R T O F TH E

[Pub. D oc.

Millbury Savings Bank — Concluded.
Value, by books, o f other real estate held or owned by foreclosure or other­
wise,
...............................................................................................................................
Assessed value of the s a m e , ........................................................................................
Number o f loans which are o f an amount not exceeding .$3,000 each,
221
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 228
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1894.............................................................................................
Times for the dividends fixed by the b y-law s: second Monday in Jan> uary and July.
Rate and amount of each semi-annual dividend f 2 per cent., $16,184 25 )
during the year ending Oct. 31, 1894,
.
.1 2 per cent., 16,251 88 i
Number of accounts opened during the year ending Oct. 31, 1894,
. 249
Number of accounts closed during the year ending Oct. 31, 1894,
. 192
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
2,008
Total expenses of the corporation for the year ending Oct. 31, 1894 (e x ­
clusive of taxes)..............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of same, .
........................................................... 1,197
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ........................................................................................ 1,363

$6,505 24
14,270 00
209,945 00

43,649 02

32,436 13

1,856 43
106,176 49

120,423 14

Date of examination by commissioner: May 17.

Classification o f Deposits received during the Tear ending Oct. 3 1 , 1 8 9 4 .
Numher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

844

$17,267 86

162

13,240 78

69

10,735 62

75

25,583 07

25
22

17,163 56
22,185 60

1,197

$106,176 49

not
not
not
less

To the credit —
O f women, both adult
and minor,
Of guardians,
Of religious and charitable associations, .
In trust................................

Amount.

522
5

$43,070 76
653 65

78
14

4,159 39
5,463 13

No. 8 .]

399

SA Y IN G S B A N K COM M ISSION ERS

M IL L IS S A V IN G S B A N K — M IL L IS .

Incorporated March 4, 1892.

Present number of corporators, 55.

E dward J. Stewart , President.
Osgood T. D ean, Treasurer.
Osgood T. D ean, Clerk o f the Corporation.

Names o f committee charged with the investment of its funds:
Louis L aCroix ,
M oses C. A dams,

George

Moses R ichardson,
E. J essup S tewart,
C. T hrasher .

Open for business every business day, 9 a .m . to 12 m . ; Saturday, 7 to 9 p .m .

B alance Sheet October 31, 1894.

L ia b il it ie s .

A ssets.

Loans on real estate, .
Loans on personal security,
Deposit in bank, on interest,
Expense account,
.
.
Office furniture, .
.
.
.
Cash on hand,
.
.
.
.

.

$4,010
3,190
238
37
270
188

50
00
67
11
53
88

$7,789 67
42 00
61 47

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

42 55

$7,935 69

$7,935 69

Cash on Deposit in Bank : —
Shoe and Leather National Bank, Boston............................................. *

$238 67

Total Amount o f Loans, with each Specified Rale o f Interest.

Amount.

$238 67

Rate.

2 per cent.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

$7,100 50

Rate.

6 per cent.

Amount.

$100 00

Rate.

8 per cent.

400

R E P O R T O F TH E

[Pub. D oc.

Millis Savings Bank — Concluded.
Number of loans which are of an amount not exceeding $3,000 each,
12
Aggregate amount of the same...................................................................................... $7,210 50
Total number of loans upon real e s t a t e , ................................................. 5
Gross amount of interest or profits received or earned, as per books,
during year ending Oct. 31, 1 8 9 4 , ................................................. .........
.

507

28

Times for the dividends fixed by the by-la w s: second Wednesday in
January and July.
Rate and amount o f each semi-annual dividend during the year ending
Oct. 31, 1 8 9 4 , ...............................................................................
2 per cent.,
Number of accounts opened during the year ending Oct. 31, 1894,
.
67
Number of accounts closed during the year ending Oct. 31, 1894,
.
52
Total number of open accounts Oct. 31, 1 8 9 4 , ....................................... 108
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................

125 69

217 59

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................
Number of same........................................................................................................ 196

6,871 08

Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894,
......................................................................................................................
Number of s a m e , .................................................................................................. 193

8,573 26

Date of examination by commissioner : January 30.

Classification o f Deposits received during the Year ending Oct. 31 , 1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Execeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

180

$2,598 16

10

759 65

1

185 42

2

750 00

2

1

1,577 85
1,000 00

196

$6,871 08

not
not
not

Num ­
ber.

Amount.

less

To the credit —
O f women, both adult
and minor,
O f religious and charitable associations, .
In trust................................

Amount.

44

$1,292 75

3
35

18 00
507 82

No. 8 .]

401

SA Y IN G S B A N K COM M ISSION ERS.

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.

Present number of corporators, 27.

"William M. K niffin , President.
W illiam C. Spaulding , Treasurer.
W illiam C. Spaulding, Clerk o f the Corporation.

Names of committee charged with the investment of its funds:

T heodore S. H eath ,
W illiam C. Spaulding ,

H ubbard F. T hompson,
C. R. V an B uskirk ,
C. E. Bostwick.

Open for business Monday and Friday, 9 a .m . to 12 M. ; 1 to 3 p .m .

B a la n c e Sh ee t Octo ber

31, 1894.
L ia b il it ie s .

A ssets.

$13,830
12,465
38,595
45,620
21,350
1,090
251

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,

25
50
00
00
00
00
09

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$127,254 98
3,584 27
749 82
1,612 77

$133,201 84

$133,201 84

Cash on Deposit in Bank : —
Housatonic National Bank, S t o c k b r i d g e ,........................................................... f 251 09

Detailed Statement o f Public Funds.

Par Value.

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

Estimated
Market Value.

Amount Invested.

$6,000
3,700
3,000

$6,500 00
3,855 25
3,000 00

$6,975 00
3,855 25
3,000 00

$12,700

$13,355 25

$13,830 25

402

R E P O R T O F TH E

[Pub. Doc,

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 B’k, Great
Barrington, .
.
.
.
City National Bank, Holyoke,
Lee National Bank, Lee,
Berkshire N’l B’k. No. Adams,
Pittsfield Nat’l B’k, Pittsfield,
Agawam Nat’l B’k, Springfield,
First Nat’l Bank, Springfield,
Housatonic National Bank,
Stockbridge,

$1,000
2,000
500
1,500
1,900
400
500

Estimated
Market Value.

$1,457
2,240
700
1,700
2,470
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

2,170 00

2,100 00

$9,200

$11,772 50

$12,465 50

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R 4s, .
Dexter & Piscataquis R.R. 4s, .
Fitchburg R.R. 4s, .
N. Y. & N. E. R.R. (terminal) 4s, .
Upper Coos R.R. 4^s,
Vermont & Massachusetts R.R. 5s, .

$2,000
3.000
4.000
3.000
10,000
8.000
6,000
$36,000

Estimated
Market Value.

$2,050
3.000
3,960
3.000
11,000
8,720
6,500

Amount Invested.

00
00
00
00
00
00
00

$38,230 00

$2,050
3,000
3,960
2,970
11,175
8.720
6.720

00
00
00
00
00
00
00

$38,595 00

Total Amount o f Loans , with each Specified Rate o f Interest.
Amount.
$43,870 00

Rate.
5 per cent.

Amount.
$3,100 00

Rate.
5£ per cent.

Amount.
$21,090 00

Rate.
6 per cent.

Number of loans which are of an amount not exceeding $3,000 each,
53
Aggregate amount of the s a m e , ...............................................................................$38,560 00
Total number of loans upon real e s t a t e , ................................................. 41
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 4 , ...............................................................................
Times for the dividends fixed by the b y-la w s: first Wednesday in Jan­
uary and July.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3,840 00
6,027 32

No. 8 .]

403

SA V IN G S B A N K C O M M ISSIO N ERS.

Miners’ Savings Bank — Concluded.
Rate and amount of each semi-annual dividend j 2 per cent., $2,469
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 2,470
Number of accounts opened during the year ending Oct. 31, 1894,
.
Number o f accounts closed during the year ending Oct. 31, 1894,
.

74 1
93 i
45
44

$4,940 67

Total number of open accounts Oct. 31, 1894,
.
.
.
.
392
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year

583 39

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .........................................................................................
222
Amount of withdrawals, including dividends, during the year ending Oct.

14,697 31

31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ......................................................................................................321
Date of examination by commissioner : June 4.

20,845 83

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .

165

$3,786 68

29

2,325 98

not
not
13

2,044 00

9

2,740 65

not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

6

3,800 00

222

$14,697 31

To the credit —
Of women, both adult
and minor,
O f religious and charitable associations, .

Am ount.

62

$4,104 27

2

90 00

404

R E P O R T O F TH E

[Pub. D oc.

MONSON S A V IN G S B A N K — M ONSON.

Incorporated March 29, 1872.

Present number o f corporators, 29.

E dward F. Morris , President.
F rank E . M orris , Treasurer.
F rank E . Morris , Clerk o f the Corporation.

Names of committee charged with the investment of its fund s:
A . D . N orcross,
R . M . R eynolds,

E . F . M orris ,
D . G. P otter.

Open for business every business day, 9 a .m . to 12 m . ; 1 to 4

B a la n c e Sh e e t O cto ber

31, 1894.

A sse ts.

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,
Cash on hand.....................................

p .m .

L ia b il it ie s .

$105,000
42,400
6,900
95,000

00
00
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account,
.

$824,499 68
39,000 00
25,667 41
1,884 45

40,000 00
520,270 00
16,700 00
9,000
150
51,257
2,895
277
1,200

00
00
15
70
73
96

$891,051 54

$891,051 54

Cash on Deposit in Banks, amount in each : —

Springfield Safe Deposit and Trust Company, Springfield, .
City National Bank, H o l y o k e , ..................................................
Monson National Bank, M o n s o n ,.................................................

.

.

.

.

$10,000
7,500
10,000
5,000

00
00
00

00
00
6,257 15
5,000 00
2,895 70
•T*
o
o

Pynchon National Bank, S p r in g fie ld ,........................................
Agawam National Bank, S p r in g fie ld ,........................................
John Hancock National Bank, Springfield...................................
City National Bank, S p r in g fie ld ,.................................................
Chicopee National Bank, S p r in g fie ld ,........................................

Loans on Bank Stock, amount on each : —
On 55 shares Monson National Bank, M o n s o n , ................................................. $4.900 00
On 20 shares Palmer National Bank, P a l m e r , .................................................
2,000 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

405

Monson Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,
of Chicago, 111., 4s, .
of Cleveland, Ohio, 5s, .
of Grand Rapids, Mich., 4^s, .
of Lynn, Mass., 4s, .
of Malden, Mass., 4s,
of Newton, Mass., 4s,
of Sioux City, Iowa, 4§s, .
of Worcester, Mass , 5s, .
of Youngstown, Ohio, 5s,
Town of Burlington, Vt., 4s, .

$10,000
10,000
10,000
10,000
10,000
10,000
7.000
10,000
13.000
10.000
5.000

Estimated
.Market Value.

$10,350
10,200
11,000
10,800
10,475
10,600
7,400
10,500
14,950
10,600
5,175

00
00
00
00
00
00
00
00
00
00
00

$105,000 $112,050 00
* A

Amount Invested.

$10,000
10,000
10,000
10,000
10,000
10,000
7.000
10,000
13.000
10.000
5.000

00
00*
00
00
00
00
00
00
00
00
00

$105,000 00

le g a l in v e s t m e n t w h e n m a d e .

No. of
Shares.

Detailed Statement o f Bank Stocks.

20 North National Bank, Boston,
20 National Eagle Bank, Boston,
25 N’l B’k of Redemption, Boston,
20 N’l B’k of No. America, Boston,
25 N’l B’k of Commerce, Boston,
25 Eliot National Bank, Boston, .
40 Suffolk Nat’l Bank, Boston, .
30 Merchants’ Nat’l Bank, Boston,
10 Blackstone Nat’l Bank, Boston,
11 Nat’l Revere Bank, Boston, .
10 Tremont Nat'l Bank, Boston, .
6 Nat’l Webster Bank, Boston, .
10 N’l Hide & Leather B'k, Boston,
5 N’l Exchange Bank, Boston, .
5 State National Bank, Boston, .
5 Massachusetts N’ l B’k, Boston,
25 City National Bank, Holyoke,
70 Monson Nat’l Bank, Monson, .
20 City Nat’l Bank, Springfield, .
20 First Nat’l Bank, Springfield,
19 Agawam N’l B’k, Springfield,
3 Ware National Bank, Ware, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$2,000
2,000
2,500
2,000
2,500
2,500
4,000
3,000
1,000
1,100
1,000
600
1,000
500
500
500
2,500
7,000
2,000
2,000
1,900
300
$42,400

Estimated
Market Value.

$2,220
2,000
3,000
2,200
2,870
3,255
4,000
4,500
1,000
1,100
1,000
600
1,050
625
575
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

$50,525 00

Amount Invested.

$2,000
2,000
2,500
2,000
2,500
2,500
4,000
3,000
1,000
1,100
1,000
600
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

$42,400 00

[Pub. Doc,

REPORT OF THE

406

Monson Savings Bank — Continued.
Detailed Statement o f Bailroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4 s,.
Boston & Providence R.R. 4s, .
Concord & Montreal, R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4|s, .
.
.
.
Old Colony R.R. 4 s,.
Maine Central R.R. 4s, .
Connecticut River R.R. 4s,
Conn. & Passumpsic Rivers R.R. 4s,

Estimated
Market Value.

$10,000
10,000
10,000
10,000
5,000
10,000
10,000
10,000
10,000
10,000

$10,200
10,250
10,675
10,325
6,000
10,100
10,600
10,000
10,550
10,200

$95,000

$98,900 00

Amount Invested.

00
00
00
00
00
00
00
00
00
00

$10,000
10,000
10,000
10,000
5,000
10,000
10,000
10,000
10,000
10,000

00
00
00
00
00
00
00
00
00
00

$95,000 00

Total Amount of Loans , with Each Specified Rate o f Interest.

Rate.

Amount.

$5,000 00
46,257 15

3
4

per cent.
“

Amount.

Rate.

$527,795 00
3,500 00

5 per cent.
5è
“

Amount.
$21,725 00

Rate.
6

Amount invested in real estate for banking purp oses,........................................
Estimated value of the s a m e , ..............................................................................
Assessed value o f the s a m e ,.........................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each, . 199
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 237
Gross amount of interest or profits received or earned, as per books, during
.year ending Oct. 31, 1 8 9 4 ,........................................................................................
Times for the dividends fixed by the by-laws : first Monday in April and
October.
Rate and amount of each semi-annual dividend f 2 per cent., $15,694 57 1
during the year ending Oct. 31,1894,
.
. ( 2 p e r c e n t,
15,961 19 )
Number of accounts opened during the year ending Oct. 31, 1894,
. 279
Number of accounts closed during the year ending Oct. 31, 1894,
. 259
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,042
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894.......................................................................................................
Number of s a m e , ........................................................................................ 1,286
Amount of withdrawals, including dividends, during the year ending Oct.
31,1894...............................................................................................................................
Number of s a m e , .........................................................................................1,173
Date of examination by commissioner: September 20.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

per cent.

$40,000
40,000
15,500
1,464

00
00
00
94

267,375 00

42,767 14

31,655 76

3,504 93
139,215 59

152,623 33

No. 8 .]

407

SA Y IN G S B A N K COM M ISSION ERS

Monson Savings Bank— Concluded.
Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Num ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

886

$18,736 18

170

13,666 38

82

12,749 77

71

24,307 66

48
29

33,846 21
35,909 39

1,286

$139,215 59

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
Of women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust, .
.
.
.

Amount.

605
5

$58,797 97
1,630 62

9
10

1,474 78
3,054 49

408

R E P O R T O F TH E

[Pub. D oc.

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, 26.

T haddeus C. D efriez , President.
George H. B rock, Treasurer.
George H. B rock, Clerk o f the Corporation.

Names o f committee charged with the investment of its funds :

T haddeus C. D efriez ,
A ndrew M. Mtrick ,
D avid F olger,
A emon T. M owrt ,
H enry P addock.

Open for business every business day, from May to November, 9
November to M ay, 10 a . m . to 1 p m .

Balance

Sh ee 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),
.
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, .
Expense account,
Cash on hand,
.
.
.
.

a h

. to 1

p .m .

;

31,1894.

L ia b il it ie s .

$85,000 00
20,300 00
66,500 00
4.000
3.000
263,296
15,820

Deposits, .
Guaranty fund,
Profit and loss
count, .

$454,347 58
17,013 38
ac­
15,540 05

00
00
74
00

100 00
25,350
478
638
2,417

30
48
06
43

$486,901 01

$486,901 01

Cash on Deposit in Banks, amount in each : —
North National Bank, Boston,
.
.
.
.
.
.
.
.
.
$11,958 60
Pacific National Bank, N a n t u c k e t , .....................................................................
478 48
Shoe and Leather National Bank, B o s t o n ,............................................................13,391 70


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

409

S A Y IN G S B A N K COM M ISSION ERS

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., 4js, .
of Fall River, Mass., 6s, .
of Grand Rapids, Mich., 4|s, .
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, .
Town of Attleborough, Mass., 4s, .
City of Oshkosh, Wis., 4|s,
of Rockford, 111., 4^s,
of Saginaw, Mich., 4^s, .

$5,000
4,000
1,000
7,000
6,000
10,000
10,000
1,000
3,500
15,000
1,000
5,000
5,000
2,500
4,000
5,000
$85,000

Estimated
Market Value.

$5,435
4,160
1,287
7,397
6,616
10,946
10,739
1,284
3,668
16,042
1,046
5,771
5,333
2,623
4,278
5,520

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$92,145 00

Amount Invested.

$5,000
4,000
1,000
7,000
6,000
10,000
10,000
1,000
3,500
15,000
1,000
5,000
5,000
2,500
4,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$85,000 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

20 North National Bank, Boston,
19 Lincoln Nat’l Bank, Boston, .
10 Continental Nat’l B’k, Boston,
10 Old Boston Nat’l B’k, Boston,
10 Boylston Nat’l Bank, Boston, .
10 Columbian Nat’l Bank, Boston,
10 N’l B’k of No. America, Boston,
8 Metropolitan N’l B’k, Boston,
10 South End N’l Bank, Boston, .
15 National Revere Bank, Boston,
10 Faneuil Hall N’l B’k, Boston,
15 Eliot National Bank, Boston, .
15 Shawmut Nat’l Bank, Boston,
7 Blackstone N’l Bank, Boston, .
10 Nat’l Exchange Bank, Boston,
14 Nat’l Bank of Commerce, New
Bedford,
.
.
.
.
10 Pacific Nat’l Bank, Nantucket,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$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
700
1,000

Estimated
Market Value

$2,180
1,700
1,140
990
1,250
1,000
1,050
760
850
1,500
1,200
1,725
1,680
630
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
700
1,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1,400
1,000

1,344 00
1,300 00

1,400 00
1,000 00

$20,300

$21,479 00

$20,300 00

[Pub. D oc.

R E P O R T O F TH E

410

Nantucket Institution for Savings — C ontin ued.
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. 4 s,.
Boston, Winthrop & Shore R.R. 5 s,.
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4^s, .
.
.
.
Fitchburg R.R. 6s, .
Maine Central R.R. 7s, .
Old Colony R.R. 6s,
. . .
Upper Coos R.R. 4^s,

$3,000
15,000
1,000
4,000
5,000
6,000
5,000
5,000
2,000
5,000
5,000
10,500
$66,500

Estimated
Market Value.

$3,062
15,360
1,053
4,152
5,129
6,570
5,150
5,067
2,097
6,875
5,199
11,463

Amount Invested.

$3,000
15,000
1,000
4,000
5,000
6,000
5,000
5,000
2,000
5,000
5,000
10,500

00
00
00
00
00
00
00
00
00
00
00
00

$71,177 00

00
00
00
00
00
00
00
00
00
00
00
00

$66,500 00

Total Amount of Loans, with Each Specified Rate o f Interest.

Rate.

Amount.

$11,958 60
13,391 70
134,995 00

per cent.
“
5
“

2

2é

Amount.

$38,450 00
103,991 74

Rate.

5(| per cent.
6
“

Rate.

Amount.

$1,250 00
530 00

6J

per cent.

7

$4,000 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, 1894,
Value, by books, of other real estate held or owned by foreclosure o other-

5,000 00
5,400 00
275 00

.
.
w i s e , ............................................................................................................
Assessed value of the same..........................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 eac l, 129

3,000 00
3,000 00
79 00

Aggregate amount o f the s a m e , ...........................................................
. 155
Total number of loans upon real e s t a t e , ........................................
Gross amount of interest or profits received or earned, as per bool s, dur-

113,159 00

ing year ending Oct. 31, 1 8 9 4 , ...........................................................
Times for the dividends fixed by the b y-law s: second Monday

25,466 23
i Jan-

uary and July.
Rate and amount of each semi-annual dividend f 2 per c e n t, $! ,720 0 0 |
during the year ending Oct. 31, 1894, .
.
1 2 per cent.,
! ,717 01 i
136
Number o f accounts opened during the year ending Oct. 31, 1894,
141
Number of accounts closed during the year ending Oct. 31, 1894,
1,274
Total number of open accounts Oct. 31, 1894,
.
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

17,437 01

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

Nantucket Institution for Savings —

411

C on clu d ed .

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
........................................................................................................... $1,776 15
Amount o f deposits, not including dividends, received during the year end­
ing Oct. 31, 1894..............................................................................................................
66,775 75
Number of same.......................................................................................................753
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number o f same,
........................................................... 1,014

77,799 49

Date of examination by commissioner : August 16.

Glassification o f Deposits received during the Year ending Oct. 31, 1894.
Num.
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

514

$11,060 15

120

10,399 26

49

7,981 77

49

17,739 23

7
14

4,636 35
14,958 99

753

$66,775 75

not
not
not
.
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

Amount.

399
9

$29,110 05
1,728 44

30
65

1,472 22
10,935 96

[Pub. D oc

R E P O R T O F TH E

412

N A T IC K

F IV E

CENTS

Incorporated April 5, 1859.
Jo h n 0 . W

S A V IN G S

B A N K — N A T IC K .

Present number o f corporators, 41.

F r e d e r i c k 0 . B a s t o n , Treasurer.
F r e d e r i c k 0 . B a st o n , Clerk o f the Corporation.

il s o n ,

President.

Names of committee charged with the investment of its funds:
L e o n a r d W in c h ,
W il l ia m N u tt,
F r e d e r ic k 0 . Basto n ,

F r a n c is B ig e l o w ,
F. H. H ayes,
A lbert M ead .

Open for business every business day, 9

B a l a n c e Sh e e t O cto ber

.m .

to 3

p

.m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Loan on public funds,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,.
Real estate by foreclosure,.
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
(notes), ........................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

a

$93,000 00
420 00
1 0 1 ,1 0 0 00

11,525
119,000
5,772
869,168
34,431
73,000
1,080
54,144
1,783
1,030

00
00
75
00
00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$1,259,908 49
6 6 ,0 0 0 00

16,183 83
23,363 18

00
00

12
90
73

$1,365,455 50

$1,365,455 50

Cash on Deposit in Banks, amount in each: —
North National Bank, B o s t o n , ............................................................................... $39,000 00
Natick National Bank, Natick.......................................................................................15,144 12
Loan on Public Funds : —
On $1,100 United States 4 s , .........................................................................................$420 00
Loans on Bank Stock, amount on each: —
On 50 shares Natick National Bank, N a t i c k , .......................................................... $5,000 00
On 40 shares Natick National Bank, N a t i c k , ..................................................
4,000 00
On
On
On
On

10 shares Natick National Bank, N a t i c k , .................................................
10 shares Natick National Bank, N a t i c k , .................................................
2 shares Natick National Bank, N a t i c k , .................................................
12 shares National Webster Bank, B o s t o n , .................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1,000
1,000
200
325

00
00
00
00

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

413

Natick Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 4s,
of Boston, Mass., 6s,
o f Fall Biver, Mass., 5s, .
of Cambridge, Mass , 6 s ,.
of Springfield, Ohio, 5s, .
of Worcester, Mass., 4-|s,.
Town of Beverly, Mass., 4s, .
of Brookline, Mass., 7s,
of Orange, Mass., 4s,
of Wellesley, Mass., 4s,

$10,000
6,000
17.000
6,000
9.000
6.000
10.000
10,000
10,000
9,000
$93,000

Estimated
Market Value.

$10,800
7,170
18,930
7,110
9,680
6,540
10,400
10,900
10,275
9,090

00
00
00
00
00
00
00
00
00
00

$100,895 00

Amount Invested.

$10,000
6,000
17.000
6,000
9.000
6.000
10.000
10,000
10,000
9,000

00
00
00
00
00
00
00
00
00
00

$93,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

26 Atlas National Bank, Boston, .
115 Boston National Bank, Boston,
7 Boylston Nat’l Bank, Boston, .
27 Central Nat’l Bank, Boston, .
13 Columbian Nat’l B’k, Boston, .
46 Nat’l B'k of Commerce, Boston,
42 Nat’l Bank of the Commonwealth, Boston,
5 Continental Nat’l B’k, Boston,.
19 Eliot National Bank, Boston, .
70 Everett Nat’l Bank, Boston, .
15 Nat’l Exchange Bank, Boston,
62 Howard Nat’l Bank, Boston, .
46 Merchants’ N’l Bank, Boston, .
10 Metropolitan N’l Bank, Boston,
15 Monument Nat’l B’k, Boston, .
27 North National Bank, Boston,
51 N’l B’k of No America, Boston,
14 N’l B’k of Redemption, Boston,
30 JSI’J B’k of the Republic, Boston,
10 Second National Bank, Boston,
20 South End Nat’l Bank, Boston,
7 State Nat’l Bank, Boston,
20 Wintlirop Nat’l B’k, Boston, .
33 Dedham Nat’l Bank, Dedham,
32 First National Bank, Chelsea,.
17 Framingham National Bank,
South Framingham,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

Amount Invested.

$2,600
11,500
700
2,700
1,300
4,600

$3,042
11,960
854
3,429
1,345
5,290

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
1,000
2,000
700
2,000
3,300
3,200

5,460
575
2,489
5,825
1,890
5,952
7,222
950
.3,450
3,132
5,865
1,708
4,770
1,800
1,700
812
2,320
3,366
3,328

00
00
00
00
00
00
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
1,000
2,000
700
2,000
3,300
3,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1,700

2,125 00

1,700 00

414

[Pub. D oc

R E P O R T O F TH E

Natick Five Cents Savings Bank — Continued.

No. of
Shares.

Detailed Statement of Bank Stocks — Concluded.

55
120
20

37

Par Value.

Home Nat’l Bank, Brockton, .
Natick National Bank, Natick,
Newton Nat’l Bank, Newton, .
Wachusett N’l B’k, Fitchburg,

$5,500
12,000
2,000
3,700
$101,100

Estimated
Market Value.

$9,625
15,000
1,640
7,400

Amount Invested.

$5,500
12,000
2,000
3,700

00
00
00
00

$124,324 00

00
00
00
00

$101,100 00
%

Detailed Statement o f Bailroad Bonds.

Par Value.

Boston, Clinton, Fitchburg and New
Bedford R.R. 5s, .
Boston & Lowell R.R. 4s,
Dexter & Piscataquis R.R. 4s, .
Fitchburg R.R. 4-|s, .
.
.
.
Fitchburg R.R. 5s, .
Old Colony R.R. 4 s ,.
Old Colony R.R. 6s, .
.
.
.
Vermont & Massachusetts R.R. 5s,.
Maine Central R.R. 7s,
Worcester & Nashua R.R. 4s, .
Upper Coos R.R. 44s,

$6,000
15,000
10,000
15,000
10,000
15,000
5,000
18,000
10,000
10,000
5,000
$119,000

Estimated
Market Value.

$6,840
15,150
10,000
15,150
10,375
15,825
5,250
19,620
13,500
10,150
5,300

Amount Invested.

00
00
00
00
00
00
00
00
0.0
00
00

$127,160 00

$6,000
15,000
10,000
15,000
10,000
15,000
5,000
18,000
10,000
10,000
5,000

00
00
00
00
00
00
00
00
00
00
00

$119,000 00

Total Amount o f Loans, with Each Specified Rate of Interest.

Amount.

$54,144 12
78.000 00
16.000 00

Rate.

2

4
4è

per cent.
“
“

Kate.

Amount.

5 per cent.

$271,542 00
15,690 00

Amount.

$527,672 00
80,720 00

5i

“

Value, by books, o f real estate held or owned by foreclosure or otherwise,
Assessed value of the s a m e , ........................................................................................
Number of loans which are o f an amount not exceeding $3,000 each, 478
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ................................................. 497
Amount of investments from which no income is received, .
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Rate.

6

per cent.

H

“

$5,772 75
5,700 00
552,743 73
3,000 00

No. 8 .]

SA V IN G S B A N K CO M M ISSION ERS.

415

Natick Five Cents Savings Bank — Concluded.
Gross amount o f interest or profits received or earned, as per books, dur­
ing year ending Oct. 31,1894,
...............................................................................$66,813 36
Times for the dividends fixed by the b y-law s: first Tuesday in May and
November.
*Rate and amount of each semi-annual dividend f 2 per cent., $22,937 31 )
during the year ending Oct. 31, 1894,
.
1 2 per cent.,
22,753 93 i
Number of accounts opened during the year ending Oct. 31, 1894,
. 646
Number o f accounts closed during the year ending Oct. 31, 1894,
. 498

45^91

24

Total number of open accounts Oct. 31, 1894,
.
.
.
.
5,519
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year

3,524 33

ending Oct. 31, 1 8 9 4 , ..................................................................................................

262,532 92

Number of s a m e , ........................................................................................ 4,915
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................

250,454 12

Number of s a m e , ........................................................................................3,880
Date of examination by commissioner : March 20.

Classification of Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
Of $1,000 or more, .

Amount.

3,936

$67,984 66

515

41,193 42

221

33,872 51

165

55,603 51

47
31

32,741 22
31,137 60

4,915

$262,532 92

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
Of guardians,
Of religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

2,284
8

$119,008 23
2,612 00

115
200

5,907 62
23,046 54

416

NEW

R E P O R T O F TH E

BEDFORD F IV E

[Pub. D oc

CENTS SAVINGS
BEDFORD.

Incorporated April 14, 1855.

BANK — N E W
*

Present number of corporators, 136.

L o u m S n o w , President.

W i l l i a m H . P i t m a n , Treasurer.

J a m e s T a y l o r , Clerk o f the Corporation.

Names of commtitee charged with the investment of its funds :
W il l ia m B a y l ie s ,

Parkm an M . Lund,

T hom as W il c o x ,

O t is N . P i e 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 Sn o w ,

G eorge F . K in g m a n ,
O l iv e r P . B r ig h t m a n .

Open for business every business day, 9

a .m .

to 1

p .m

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,
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,
Cash on hand.....................................

. ; also Saturday, 7 to 9 p . m .

31, 1894.

L ia b il it ie s .

$937,000
192,800
26,700
414,500
47.000

00
00
00

00
00

93,080 44
1,865,546 22
1,925,825 00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Surplus fund, .
Discount account, .
Premium account, .
Rent account, .

$5,455,387 62
228,550 00
12,775 48
4,394
64,010
7,560
6,352
1,648

59
18
56
40
83

2 0 .0 0 0 00

50
251,018
3,416
3,743

00
05
02
93

$5,780,679 66

$5,780,679 66

Cash on Deposit in Banks, amount in each : —
Third National Bank, Springfield,................................................................................... $108,972
National Bank of Redemption, B o s t o n , ...........................................................
3,733
Mechanics’ National Bank, New B e d f o r d ,...........................................................
8,043
Merchants’ National Bank, New B e d f o r d , ...........................................................
8,352
Citizens’ National Bank, New B e d f o r d , ...........................................................
56,244
National Bank of Commerce, New B e d f o r d , .................................................
37,076
First National Bank, New Bedford,
.....................................................................
8,594
Falmouth National Bank, F a l m o u t h ,.....................................................................
10,000
National Bank o f Fairhaven, F a i r h a v e n , .................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

68

84
04
81
95
54
19
00

10,000 00

N o. 8 .]

417

SA V IN G S B A N K CO M M ISSION ERS

liew Bedford Five Cents Savings B ank — Continued.
Loans on Bank Stock, amount on each: —
On
On
On
On

shares National Exchange Bank, Boston, .
7 shares Globe National Bank, Bosto'n, .
13 shares Suffolk National Bank, Boston,
2 shares National Bank of Redemption, Boston,

8

$ 2 ,0 0 0 0 0
.
600 00
9,500 00

On 11 shares North National Bank, Boston,
On 95 shares Citizens’ National Bank, New Bedford, .
On
On
On
On
On
On
On
On
On
On
On
On

22 shares Eliot National Bank, Boston, .
15 shares North National Band, B oston,.
6 shares Merchants’ National Bank, New Bedford,
3 shares First National Bank, New Bedford, .
3 shares Mechanics’ National Bank, New Bedford,
112 shares National Bank of Commerce, New Bedford,
2 shares First National Bank, New Bedford, .
6 shares Merchants’ National Bank, New Bedford,
2 shares Mechanics’ National Bank, New Bedford,
7 shares National Bank of Commerce, New Bedford,
11 shares First National Bank, New Bedford,.
7 shares National Bank of Commerce, New Bedford,

3,600 0 0

1 ,0 0 0 00

7,000 0 0

1,700 0 0

1 ,0 0 0 00

300 00

Loans on Railroad Stock, amount on each: —
O
o
o

On 492 shares Boston & Maine R .R ., .
.
.
.
On 8 shares Boston & Albany R .R .,
.
.
.
.
On 16 shares Fitchburg R . R . , .......................................

00

2 ,0 0 0 00

Detailed Statement o f Public Funds.
Par Vaine.

City of Bangor, Me., 6s, .
of Bay City, Mich., 5s,
of Boston, Mass., 3|s,
of Boston, Mass., 4s,
of Cleveland, Ohio, 4|s, .
of Danbury, Conn., 4s,
of Dayton, Ohio, 5 s ,.
of Detroit, Mich., 4s,
ofEast Saginaw, Mieli., 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. II., 4s,
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.
(Fire District), 4s,
.
.
.
United States 4s,
.
United States 6s,
.
.
.


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
25,000
17,000
73,000
50,000
50,000
25,000
50,000
80,000
47,000
50,000
13,000

Estimated
Market Value.

$71,610
5,900
51,250
10,800
26,500
31,200
54,360
54,500
27,750
18,955
86,140
56,500
56,000
26,500
52,000
80,000
49,315
50,250
13,845

69,000
10,000
25,000

Legal investments when made.

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

70,380 00
11,550 00
28,220 00

Amount Invested.

$66,000
5,000
50,000
10,000
25,000
30,000
50,000
50,000
25,000
17,000
73,000
50,000
50,000
25,000
50,000
80,000
47,000
50,000
13,000

00
00
00
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00

69,000 00
10,000 00
25,000 00

[Pub. D oc.

R E P O R T O F TH E

418

New Bedford Five Cents Savings Bank — Continued.
Detailed Statement o f Public Funds — Concluded.

Par Value.

$5,000
7,000
10,000
20,000
10,000
15,000

City of Bay City, Mich., 4s,
of Detroit, Mich., 7s,
of Fall River, Mass., 4s, .
of Meriden, Conn., 4s,
of Saginaw, Mich., 5|s, .
United States 5s,
. . .

Estimated
Market Value.

$5,050
8,920
10,600
20,800
12,000
17,887

00
00
00
00
00
50

Amount Invested.

$5,000
7,000
10,000
20,000
10,000
15,000

00
00
00
00
00
00

$937,000 $1,008,782 50 $937,000 00

No. o f
Shares.

Detailed Statement o f Bank Stocks.

Par Value.

First Nat’l Bank, Boston,
National Revere Bank, Boston,
Merchants’ N i Bank, Boston,
State National Bank, Boston,
Tremont Nati Bank, Boston, .
Winthrop Nat’l Bank, Boston,
Franklin Nat’l Bank, Franklin,
Merchants’ Nat’l Bank, New
Bedford,
.
.
.
.
325 First Nat’l B’k, New Bedford,
200 Citizens’ N’l B’k, New Bedford,
300 National Bank of Commerce,
New Bedford,
100 Third National Bank, Springfield, ...................................

100
120
100
20
25
15
100
523

$10,000
12,000
10,000
2,000
2,500
1,500
10,000

Estimated
Market Value.

$24,000
11,400
15,700
2,320
2,200
1,740
11,000

00
00
00
00
00
00
00

Amount Invested.

$10,000
12,000
10,000
2,000
2,500
1,500
10,000

00
00
00
00
00
00
00

52,300
32,500
20,000

101,985 00
47,125 00
24,000 00

52,300 00
32,500 00
20,000 00

30,000

24,000 00

30,000 00

10,000

20,000 00

10,000 00

$192,800

$285,470 00 $192,800 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Albany R R. 6s,
Boston & Lowell R.R. 4s,
Boston & Maine R.R. 4s, .
Eastern R.R. 6s,
. . .
Fitchburg R.R. 4s, .
Fitchburg R.R. 4|s, .
.
.
Old Colony R.R. 6 s,.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

$10,000
89.000
50.000
52,500
50.000
118,000
45.000
$414,500

Estimated
Market Value.

$10,150
89,890
51,000
64,050
49,250
119,180
46,450

00
00
00
00
00
00
00

$429,970 00

Amount Invested.

$10,000
89.000
50.000
52.500
50.000
118,000
45.000

00
00
00
00
00
00
00

$414,500 00

No. 8 .]

419

S A Y IN G S B A N K COM M ISSION ERS.

New Bedford Five Cents Savings Bank — Concluded.
Total Amount oj Loans, with Each Specified Late of Interest.

Amount.

$77,706
118,311
10,000
45,000

52
53
00
00

Kate.

Amount.

Kate.

2 per cent.
2i
“
2|
“
3
“

$1,202,600
188,215
585,980
120,785

00
00
00
00

4
4è
4|

per cent.
“
“

Kate.

Amount.

$826,475
25,000
664,055
272,011

00
00
00
22

5 per cent.
51
“
6J
“
6

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, 1894,
Number o f loans which are o f an amount not exceeding $3,000 each, 558

$93,080
115,000
93,350
1,954

44
00
00
53

Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 624
Gross amount o f interest or profits received or earned, as per books, dur­

735,801 22

ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
Times for the dividends fixed by the by-laws : second Wednesday in April

278,732 43

and October.
Rate and amount o f each semi-annual dividend f 2| per cent., $111,668 55 1 215,163 98
during the year ending Oct. 31, 1894,
.
12 percent., 103,495 43 1
Number of accounts opened during the year ending Oct. 31, 1894,
Number of accounts closed during the year ending Oct. 31, 1894,
Total number of open accounts Oct. 31,1894,
.
.
.
.

2,637
2,004
19,424

Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
..................................................................................................
Amount o f deposits, not including dividends, received during the year

13,189 53

ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .........................................................................................16,376
Amount of withdrawals, including dividends, during the year ending Oct.

1,109,474 86

968,487 75

31, 1 8 9 4 , .....................................................................
Number of same..........................................................................
Date of examination by commissioners : November 2.

Classification o f Deposits received during the Tear ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $100,
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

13,100

$191,520 13

1,474

119,088 86

685

106,771 42

595

213,740 13

219
303

156,867 95
321,486 37

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

16,376 $1,109,474 86

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

7,165
37

$533,330 95
9,768 34

153
1,869

16,243 15
315,467 24

R E P O R T O F TH E

420

NEW

BEDFORD

IN S T IT U T IO N

FOR

[Pub. D oc

S A V IN G S — N E W

BEDFORD.
Incorporated June 16,1825.
W il l ia m

Present number of corporators, 116.

W a t k i n s , President.

C h a r l e s H . P e i r c e , Treasurer.

W i l l i a m G . W o o d , 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 dw ard D.

H o r a t io H a t h a w a y ,

G il b e r t A l l e n ,

E d w a r d S. T a b e r ,

A n d r e w G.

M andell,
P ie r c e ,

W il l ia m W . C r apo .

Open fo r business every business day, 9

a .m .

to 1

p .m .

B a l a n c e Sh e e t O c to b er

p .m .

31, 1894.

L ia b il it ie s .

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Loans on railroad stock,
Real estate (for banking pur­
poses)
.......................................
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Expense account,
Cash on hand,
.
.
.
.

; also Saturday, 2.30 to 5

$2,986,200
1,376,860
18,725
671,000
13,500

00
00
00
00
00

Deposits, .
Guaranty fund,
Profit and loss
count, .

$11,754,915 82
589,342 20
ac­
142,051 70

30,000 00
2,456,019 00
3,835,472 99
163,900
100
899,306
2,029
33,197

00
00
03
02
68

$12,486,309 72

$12,486,309 72

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,
Shoe and Leather National Bank, Boston, .
Pynchon National Bank, Springfield, .
Third National Bank, Springfield,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$6,921 23
73,179
49,994
8,894
59,295
315,636
260,239

99
18
18
99
70
92

50,143 84
25.000 00
50.000 00

N o. 8 .]

S A Y IN G S B A N K CO M M ISSIO N ERS.

421

New Bedford Institution for Savings — Continued.
Loans on Bank Stock, amount on each : —
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On
On

$800 00

9 shares First National Bank, New Bedford, .
17 shares First National Bank, New Bedford,
6 shares National Bank o f Commerce, New Bedford,
12 shares Mechanics’ National Bank, New Bedford,
10 shares First National Bank, New Bedford,
9 shares First National’Bank, New Bedford, .
15 shares Mechanics’ National Bank, New Bedford,
22 shares National Bank of Commerce, New Bedford,
5 shares Mechanics’ National Bank, New Bedford,
10 shares National Bank of Commerce, New Bedford,
25 shares Falmouth National Bank, Falmouth,
5 shares Mechanics’ National Bank, New Bedford,
5 shares Mechanics’ National Bank, New Bedford,
9 shares Merchants’ National Bank, New Bedford,
13 shares Mechanics’ National Bank, New Bedford,
50 shares Citizens’ National Bank, New Bedford, .
7 shares Southbridge National Bank, Southbridge,
20 shares Citizens’ National Bank, New Bedford, .

1,000 00

■J

600 00

4,300 00

-■}

2,655 00
500 00
500 00

:}

2,200 00
5,000 00
200 00
970 00

Loans on Railroad Stock, amount on each : —
On 4 shares Boston & Albany R a i l r o a d , ...........................................................'
On 50 shares Boston & Albany R a i l r o a d , ...........................................................
On 225 shares New Y o rk , New Haven & Hartford Railroad,
.
.
.

$500 00
7,500 00
5,500 00

Detailed Statement o f Public Funds.
Par Value.

Town of Attleborough, Mass., 7s, .
City of Bangor, Me., 6s, .
of Bath, Me., 6s,
of Boston, Mass., 4s,
of Boston, Mass., 5s,
of Boston, Mass., 6s,
of Cambridge, Mass., 6 s,.
of Chelsea, Mass., 4s,
of Chelsea, Mass., 6s,
of Cleveland, Ohio, 4^s, .
of Cleveland, Ohio, 5s,
of Cleveland, Ohio, 6s, .
of Danbury Conn., 4s,
of Dayton, Ohio, 5s,
of Detroit, Mich., 4s,
of East Saginaw, Mich, 5s,
of Fall River, Mass., 5s, .
of Fall River, Mass., 6s, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$34,000
100,000
13,000
100,000
482,000
1,000
4,000
50,000
26,000
100,000
11,000
57,000
50,000
100,000
300,000
60,000
1,000
1,000

Estimated
Market Value.

$42,330
108,500
13,845
102,000
541,185
1,055
4,200
51,750
27,300
105,000
11,825
58,140
50,000
106,500
324,000
61,500
1,040
1,020

* Legal investments when made.

00
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
1,000
4,000
50,000
26,000
100,000
11,000
57,000
50,000
100,000
300,000
60,000
1,000
1,000

00
00
00*
00
00
00
00
00
00
00
00
00
00*
00*
00
00
00
00

422

R E P O R T O F TH E

[Pub. D oc.

New Bedford Institution for Savings — Continued.
Detailed Statement o f Public Funds — Concluded.
Estimated
Market Value.

City of Fort Wayne, Ind., 6s, .
of Grand Rapids, Mich., 5s,
of Lawrence, Mass., 6s, .
of Lowell, Mass., 4s,
of Lynn, Mass., 4s, .
of Lynn, Mass., 6s, .
of Middletown, Conn., 6s,
of New Bedford, Mass , 3^s,
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, L, 4^s,.
of Providence, R. I., 5s, .
of Providence, R. I., 6s, .
of Salem, Mass., 4s, .
of Springfield, Ohio, 4Js,
of Waltham, Mass., 4s, .
of Woonsocket, R. I., 4s, .
District of Columbia 5s, .
of Columbia 6s, .
United States 5s,

L,000
130,000
2,000
20,000
162,000
1,000
28,000
25,000
50.000
10,000
146,000
5,000
50,000
50,000
6,000
169,200
2,000
100,000
60,000
25,000
20,000
84,000
20,000
300,000
$2,986,200

,790
144,300
2,220
20,200
166,050
1,030
29,260
24,875
51,750
10,950
173,010
5,150
53,000
56,000
6,240
182,736
2,250
102,000
64,800
25,750
20,500
88,200
23,100
356,250

Amount Invested.

$31,000
130,000
2,000
20,000
162,000
1,000
28,000
25,000
50,000
10,000
146,000
5,000
50,000
50,000
6,000
169,200
2,000
1,000
60,000
25,000
20,000
84,000
20,000
300,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$3,254,601 $2,986,200 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

360
150
30
250
260
90
170
30
230
140
90
230
440

Atlas National Bank, Boston, .
Boston Nat’l 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 Nat’l Bank, Boston, .
First National Bank, Boston, .
Howard Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Massachusetts N’l B’k, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

Estimated
Market Value.

$36,000
15,000
3,000
25,000
26,000
9,000
17,000
3,000
23,000
14,000
9,000
23,000
44,000

$42,120
15,600
2,460
28,750
26,780
11,790
13,770
2,490
54,050
13,440
9,900
36,110
42,680

Amount Invested.

$36,000
15,000
3,000
25,000
26,000
9,000
17,000
3,000
23,000
14,000
9,000
23,000
44,000

00
00
00
00
00
00
00
00
00
00
00
00
00

No. 8 .]

423

S A Y IN G S B A N K COM M ISSION ERS

New Bedford Institution for Savings— Continued.

No. o f
Shares.

Detailed Statement o f Bank Stocks — Concluded.

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.

Monument Nat’l Bank, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Com­
monwealth, Boston,
Natl Exchange Bank, Boston,
N'l Hide & Leather B’k, Boston,
N’l B’k of N. 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 Nat’l Bank, Boston,
Shawmut Natl Bank, Boston,
Shoe & Leather N’l B’k, Boston,
State National Bank, Boston, .
Tremont National B’k, Boston,
Washington Nat’l B’k, Boston,
Winthrop Nat’l Bank, Boston,
First National Bank, Chelsea,
Fairhaven N’l B’k, Fairhaven,
Fall River N’l B’k, Fail 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 Nat’l B’k, New Bedford,
Merchants’ Nat’l Bank, New
Bedford,
.
.
.
.
Mechanics’ National B’k, New
Bedford,
.
.
.
.
National Bank of Commerce,
New Bedford,
Third Nat’l Bank, Springfield,
National Bank of So. Reading,
Wakefield, .
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

|10,000
46,000

$23,000
52,900

$10,000 00
46,000 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

26,000
2,520
21,400
43,700
24,400
77,910
47,500
17,420
6,200
26,680
95,930
16,240
12,600
10,440
30,800
14,040
2,080
20,800
1,400
22,000
31,250
5,300
23,000
120,000
192,550

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

109,600

208,240

* 109,600 00

100,000

170,000

100,000 00

136,600
20,000

113,370
40,000

136,600 00
20,000 00

7,000

8,050

7,000 00

$1,376,860

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$1,807,660 $1,376,860 00

424

R E P O R T O F TH E

[Pub. D oc.

New Bedford Institution for Savings — Continued.
Detailed Statement o f Railroad Bonds.
Estimated
Market Value.

Amount Invested.

$50,000

$50,500 00

$50,000 00

13,000
20,000
36,000
44,000
200,000
200,000
38,000
70,000

14,690
20,900
37,620
45,320
202,000
200,000
38,760
73,500

13,000
20,000
36,000
44,000
200,000
200,000
38,000
70,000

Par Value.

Boston & Albany R.R. 6s,
Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston & Lowell R.R. 4is,
Boston & Lowell R.R. 5s,
Boston & Lowell R.R. 6s,
Boston & Maine R.R. 4s,
Fitchburg R.R. 4is, .
.
.
.
Fitchburg R.R. 5s, .
Old Colony R.R. 6s,
. . .

$671,000

00
00
0.0
00
00
00
00
00

$683,290 00

00
00
00
00
00
00
00
00

$671,000 00

Total Amount of Loans, with Each Specified Rate of Interest.
Amount.

$575,876
323,429
48.000
9,400
60.000

Eate.

62
41
00
00
00

2 per cent.
2è
“
3£
«
3|
“
3£
“

Amount.

$3,661,000
244,000
1,055,125
70,450
685,178

Eate.

00
00
00
00
99

4 per cent.
H
“
“
»
“

4è
4|
5

Amount.

$950
524,855
2,400
126,358

Eate.

00
00
00
00

53 per cent.
6è
“
53
»
6
“

Amount invested in real estate for banking purposes,........................................$30,000 00
Estimated value o f the s a m e , ...............................................................................
50,000 00
Assessed value of the s a m e , ........................................................................................
37,000 00
Number of loans which are o f an amount not exceeding $3,000 each,
397
.....................................................................
505,191 00
Aggregate amount of the same,
.
Total number of loans upon real e s t a t e , ................................................. 457
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 ,.........................................................................................
Times for the dividends fixed by the by-laws : first Monday in April and
October.
Rate and amount of each semi-annual dividend f
per cent., $251,064 33 )
during the year ending Oct. 31, 1894,
.
. 1 2 per cent., 227,842 46 J
Number o f accounts opened during the year ending Oct. 31, 1894,
2,343
Number of accounts closed during the year ending Oct. 31, 1894,
2,318
Total number of open accounts Oct. 31, 1894,
.
.
.
.
21,844
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes),
..................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

615,353 92

qor
’

22,414 26

No. 8 .]

S A Y IN G S B A N K COM M ISSIONERS

New Bedford. Institution for Savings —

425

Concluded.

Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1894........................................................................................................$1,597,534 22
Number of s a m e , ........................................................................................ 12,121
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ...................................................................................................................... 1,742,078 75
Number o f s a m e , ........................................................................................ 16,970
Date of examination by commissioner: November 1.

Classification o f Deposits received during the Year ending Oct. 31 , 1894.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

N um ­
ber.

Amount.

7,512

$164,056 50

1,814

148,884 48

1,001

156,592 43

943

330,569 15

416
435

303,958 33
493,473 33

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

12,121 $1,597,534 22

T o the credit —
Of women, both adult
and minor,
.
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

5,679
46

$639,519 04
14,391 68

278
1,591

60,932 05
335,582 08

[Pub. D oc

R E P O R T O F TH E

426

N E W B U R Y P O E T F IV E CENTS S A V IN G S B A N K — N E W BÜRYPORT.
Incorporated April 24, 1854.

Present number of corporators, 44.

M oses H . F o w l e r , 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 :
A . W . G r eenleaf,

N a t h a n ie l D o l e ,

M ose s H . F o w l e r ,

W m . F . H ou ston.

Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 1 p .m .

B a la n c e Sh e e t O cto ber

A ssets.

Public funds as per schedule,
Loan on public funds,
Bank stock as per schedule,
Loans on bank sto c k ,.
Kailroad 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, .
Expense account,
Cash on hand,
.
.
.
.

a .m

. to 1 p . m . ; 2.30 to 4 p . m . ;

31, 1894.

L ia b il it ie s .

$257,000
2,000
143,700
30.000
160,000

00
00
00
00
00

30.000
2,000
446,385
116,500
74,965
174
5,542

00
00
00
00
57
18
40

$1,268,267 15

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .
Premium account, .

$1,122,351 69
57,826 33
71,949 08
10,000 00
6,140 05

$1,268,267 15

Cash on Deposit in Banks, amount in each : —
First National Bank, N e w b u r y p o r t ,..................................................................... $44,965 57
Ocean National Bank, N e w b u r y p o r t,.....................................................................
15,000 00
Merchants’ National Bank, N e w b u r y p o r t,...........................................................
15,000 00
Loan on Public Funds : —
On $2,000 City of Chelsea, M ass., 6s,

..................................................................... $2,000 00

Loans on Bank Stock, amount on each : —
On 100 shares Essex National Bank, H a v e r h ill,................................................. $10,000 00
On 200 shares Broadway National Bank, B o s t o n , .......................................
20,000 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

427

Newburyport Five Cents Savings Bank — Continued.
Detailed ¡Statement o f Public Funds.

Par Value.

Town of Arlington, Mass., 4s,.
City of Bangor, Me., 6s, .
of Boston, Mass., 3^s,
of Chicago, 111., 4s, .
of Danbury, Conn., 4s,
of Grand Rapids, Mich., 4is,
of Lynn, Mass., 4s, .
of Nashua, N. H , 4s,
of Somerville, Mass., 4s,
of Taunton, Mass., 4s,
of Waltham, Mass., 4s,
of Woonsocket, R. I., 4s, .
of Marlborough, Mass., 4s,
Town of Cranston, R 1 , 4s, .
City of Meriden, Conn., 4s,
of Somerville, Mass.-, 4|s,

.

Estimated
Market Value.

$5,000
10,000
40,000
25,000
14,000
15,000
30,000
10,000
14,000
14,000
25,000
5,000
15,000
15,000
10,000
10,000
$257,000

$5,225
10,950
41,200
25,500
14,700
16,500
30,680
10,400
14,630
14,630
26,125
5,200
15,900
15,750
10,300
10,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$5,000
10,000
40,000
25,000
14,000
16,000
30,000
10,000
14,000
14,000
25,000
5,000
15,000
15,000
10,000
10,000

00
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00

$267,890 00 $257,000 00

* Legal investments when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

10
60
22
100
8
80
82
18
100
42
74
33
50
5
50
10
25
15
76
10

rar Value.

Atlantic Nat'l Bank, Boston, .
Atlas National Bank, Boston,.
Blackstone Nat’l B’k, Boston, .
Boston National Bank, Boston,
Boylston Nat’l Bank, Boston, .
National Citv Bank, Boston, .
Columbian N’l Bank, Boston,
N’l B’k of Commerce, Boston,
National Bank of the Commonwealth, Boston,
Continental Nat’ l B’k, Boston,
National Eagle Bank, Boston,
Eliot National Bank, Boston. .
Everett National Bank, Boston,
Nat’l Exchange Bank, Boston,
Globe National Bank, Boston,
Hamilton Nat’l B'k, Boston, .
N’l Hide & Leather B’k, Boston,
Howard Nat’l Bank, Boston, .
Market National Bank, Boston,
New England N’l B’k, Boston,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Estimated
Market Value.

Amount Invested.

$1,000
6,000
2,200
10,000
800
8,000
8,200
1,800

$1,227
7,020
2,200
10,400
970
6,560
8,487
2,070

50
00
00
00
00
00
00
00

$1,000
6,000
2,200
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

13,025
4,830
5,920
4,323
4,162
633
4,400
1,105
2,687
1,451
6,460
1,560

00
00
00
00
50
75
00
00
50
25
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

00
00
00
00
00
00
00
00
00
00
00
00

428

R E P O R T O F TH E

[Pub. D oc

Newburyport Five Cents Savings Bank — Continued.

No. of
Shares.

Detailed Statement o f Bank Stocks — Concluded.

10
23
37
10
12
158
50
24
37
56
50
60
70

Par Value.

N’l B’k of No. America, Boston,
N’l B’k of the Republic, Boston,
National Revere Bank, Boston,
Shawmut Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Third National Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Union Bank, Boston,
Nat’l Webster Bank, Boston,.
First Nat’l B’k, Newburyport,
Mechanicks’ Nat’l Bank, Newburyport,
.
.
.
.
Ocean N’l Bank, Newburvport,
Shoe & Leather N’l B’k, Boston,

$1,000
2,300
3,700
1,000
1,200
15,800
5,000
2,400
3,700
5,600
5,000
3,000
7,000
1143,700

Estimated
Market Value.

$1,150
3,657
3,515
1,152
1,200
14,180
4,400
3,222
3,700
7,280

00
00
00
50
00
50
00
00
00
00

6,750 00
3,180 00
6,300 00

Amount Invested.

$1,000
2,300
3,700
1,000
1,200
15,800
5,000
2,400
3,700
5,600

00
00
00
00
00
00
00
00
00
00

5,000 00
3,000 00
7,000 00

$149,179 50 $143,700 00

Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R.R. 4s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4£s, .
Fitchburg R.R. 5s, .
Boston & Maine R.R. 4s, .
Boston & Maine R.R. 4is,
St Johnsbury & Lake Champlain
R.R. 5 s ,...........................................
Upper Coos R.R. 4s,

$30,000
25,000
25,000
15,000
10,000
35,000

Estimated
Market Value.

$30,450
25,500
25,250
15,450
10,200
38,500

00
00
00
00
00
00

Amount Invested.

$30,000
25,000
25,000
15,000
10,000
35,000

00
00
00
00
00
00

10,000
10,000

11,500 00
9,600 00

10,000 00
10,000 00

$160,000

$166,450 00

$160,000 00

Total Amount o f Loans, with Each Specified Rate of Interest.
Amount.

$44,965 57
30.000 00
55.000 00

Kate.

2 per cent.

3


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

“

Amount.

$49,500 00
202,700 00
10,000 00

Rate.

4.^ per cent.
5
“
51
“

Amount.

$77,550 00
196,160 00
3,975 00

Rate.

54 per cent.
6
7

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS.

429

Kewburyport Five Cents Savings Bank — Concluded.
Amount invested in real estate for banking purposes........................................... $30,000 00
35,000 00
Estimated value of the s a m e , ..............................................................................
Assessed value of the s a m e , ........................................................................................
33,000 00
Net income received from same during year ending Oct. 31, 1894,
.
.
1,248 77
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,.....................................................................................................................
Assessed value o f the same.............................................................................................
Number of loans which are of an amount not exceeding $3,000 each,
259
Aggregate amount of the s a m e , ..............................................................................
Total number of loans upon real e s t a t e , ................................................. 288
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, 1894,
...............................................................................
Time for the dividends fixed by the b y-la w s: first Monday in M ay and
November.
Rate and amount of each semi-annual dividend f 2 per cent., $19,771 32 1
during the year ending Oct. 31, 1894,
.
. (2 p ercen t.,
20,314 04 J
Number o f accounts opened during the year ending Oct. 31, 1894,
303
Number of accounts closed during the year ending Oct. 31, 1894,
167
Total number o f open accounts Oct. 31, 1894.......................................
3,335
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f taxes),
........................................................................................ .........
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 1,437
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................
Number of s a m e , ...................................................................................................1,550
Date of examination by commissioner: July 9.

2,000 00
5,200 00
256,285 00
2,000 00
59,838 73

49

’

085 36
° °

2,917 63
166,695 62

111,956 09

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
Numher.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

898

$16,788 32

200

16,285 50

138

22,083 96

126

46,726 94

41
34

28,158 40
36,652 50

1,437

$166,695 62

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Numher.

Amount.

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and charitable associations, .
In trust................................

Amount.

764
10

$76,907 56
3,313 60

31
55

11,295 86
16,192 92

430

R E P O R T O F TH E

[Pub. Doc.

N EW TO N SAVINGS BANK — N EW TO N.

Incorporated June 17,1831.
Ja m e s

Present number of corporators, 16.

F . C . H y d e , President.

A d o l p h u s J. B l a n c h a r d , Treasurer.

C h a r l e s A . M i n e r , Clerk o f the Corporation.

Names of committee charged with the investment of its funds:
J. F . C . H y d e ,

Sa m u e l M . Ja c k s o n ,
F r a n c is M u r d o c k .

Open for business every business day, except Saturday, 9
Saturday, 9 a . m . to 1 p . m .

B alance

Sh eet O ctober

A ssets.

Public funds as per schedule, .
Loan on public funds,
Bank stock as per schedule,
Loans on bank sto c k ,.
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
( n o t e s ) , ........................................
Deposits in banks, on interest, .
Suspense account,
Cash on hand,
.
.
.
.

a .m .

to 12

m .;

2 to 4

p .m . ;

31, 1894.

L ia b il it ie s .

$111,000
200
37,925
3,000
252,000
6,500
54,570
1,638,754
358,555

00
00
00
00
00
00
31
87
23

20,000
95,071
971
4,571

00
16
82
99

Deposits, .
Guaranty fund,
Interest account,
Profit and loss ac­
count, .

$2,583,120 38

$2,424,145 88
62,200 00
21,849 27
74,925 23

$2,583,120 38

Cash on Deposit in Banks, amount in each: —
Newton National Bank, N e w t o n ,............................................................................... $ 1 6,60138
National Bank of Redemption, B o s t o n , ...........................................................
78,469 78
Loan on Public Funds : —
On $200 United States 4s.................................................................................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$200 00

No. 8 .]

431

S A Y IN G S B A N K CO M M ISSION ERS

Newton Savings Bank — Continued.
Loans on Bank Stock, amount on each : —
On 5 shares Mechanics’ National Bank, Boston,M ass.,
.
On 30 shares Manufacturers’ National Bank, Lynn,Mass ,

.

.
.

.
.

$500 00
2,500 00

.

Loans on Railroad Stock, amount on each: —
On 11 shares Boston & Albany R .R .,
.
On 42 shares Boston & Albany R . R . , .................................................

5,000

$1,500 00
00

Detailed Statement o f Public Funds.

Par Value.

City of Bangor, Me., 6s, .
of Cleveland, Ohio, 4s,
of Cleveland, Ohio, 5s, .
of Cleveland, Ohio, 6s,
of Lewiston, Me., 6s,
of Newton, Mass., 5s,
of Pittsfield, Mass., 4s,
of Worcester, Mass., 5s, .
Town of Franklin, N. H., 4s, .
of Needham, Mass., 4s,
City of Newton, Mass , 4s,

. $1,000
3,000
5,000
10,000
2,000
50,000
10,000
5,000
5,000
15,000
5,000

Estimated
Market Value.

$1,185
3,075
5,050
10,190
2,260
56,500
10,500
5,700
5,150
15,600
5,350

00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$1,000
3,000
5,000
10,000
2,000
50,000
10.000
5,000
5,000
15,000
5,000

00
00
00
00
00
00
00
00
00
00
00

$111,000 $120,560 00 $111,000 00

No. of
Shares.

Detailed Statement o f Bank Stocks.

Commercial N’l B’k, Boston, .
N’ l B’k of the Commonwealth,
Boston,
.
.
.
.
25 Globe Nat’l Bank, Boston,
116 Lincoln Nat’l Bank, Boston, .
30 National Revere Bank, Boston,
6 State National Bank, Boston, .
15 Winthrop N’l Bank, Boston, .
10 First Nat’l Bank, Cambridge,.
25 Wachusett N’l B’k, Fitchburg,
25 Natick Nat’l Bank, Natick,
15 Newton Nat’ l Bank, Newton, .
3 Waltham N’l Bank, Waltham,
50
60


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Par Value.

$5,000
6,000
2,500
11,600
3,000
600
1,500
1,000
2,500
2,500
1,500
225
$37,925

Estimated
Market Value.

$4,050 00
7,815
2,200
9,048
2,850
696
1,747
1,750
5,000
3,125
1,230
315

00
00
00
00
00
50
00
00
00
00
00

$39,826 50

Amount Invested.

$5,000 00
6,000
2,500
11,600
3,000
600
1,500
1,000
2,500
2,500
1,500
225

00
00
00
00
00
00
00
00
00
00
00

$37,925 00

432

R E P O R T O F TH E

[Pub. Doc.

Newton Savings Bank — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Lowell R R. 4s,
Boston & Lowell R.R. 5s,
Fitchburg R.R. 5s, .
.
.
.
Leeds & Farmington R.R. 6s, .
Lowell & Lawrence R.R. 6s, .
Maine Central R.R. 6s,
Maine Central R.R. 7s,
Portland & Kennebec R.R. 6s,
Portland & Ogdensburg R.R. 6s,
Boston & Maine R.R. 4|s,
Concord & Montreal R.R. 4s, .
Fitchburg R.R. 4Js, .
.
.
.
Old Colony R.R. 4 s ,.
St. Johnsbury & Lake Champ. R.R. 5s,

$21,000
4,000
27,000
1,500
10,000
9,000
7,000
7,500
20,000
50,000
20,000
25,000
25,000
25,000
$252,000

Estimated
Market Value.

$21,310
4,200
28,830
1,545
10,600
9,900
9,450
7,650
22,000
55,000
20,400
26,000
26,500
28,750

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$272,135 00

Amount Invested.

$21,000
4,000
27,000
1,500
10,000
9,000
7,000
7,500
20,000
50,000
20,000
25,000
25,000
25,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$252,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.

Amount.

$16,601 38
78,469 78
20,000 00

Kate.

2

2\
4

per cent.
“
“

Amount.

$165,000 00
36,500 00
1,373,832 31

Kate.

4^ per cent.
4|
“
5
“

Amount.

$65,865 17
298,072 62
67,740 00

Value, by books, of real estate held or owned by foreclosure or otherwise,
Assessed value o f the s a m e , ........................................................................................
Number of loans which are of an amount not exceeding $3,000 each, 297
Aggregate amount of the s a m e , ...............................................................................
Total number of loans upon real e s t a t e , ..................................................413
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1894......................................................................................
Times for the dividends fixed by the by-laws : January 10 and July 10.
Rate and amount of each semi-annual dividend f 2 per cent., $42,620 74 )
during the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
44,014 62 )
Number of accounts opened during the year ending Oct. 31, 1894,
1,100
Number of accounts closed during the year ending Oct. 31, 1894,
. 642
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
8,943
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ) , ...................................................................................................
Am ount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number o f s a m e , .........................................................................................8,075
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894,
......................................................................................................................
Number of s a m e , .........................................................................................5,886
Date of examination by commissioner: May 28.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Kate.

51 per cent.

4

6

«

$54,570 31
56,100 00
514,100 81

116,402 97

86,635 36

. 7,996 99
528,499 12

425,988 73

No. 8 .]

433

S A Y IN G S B A N K COM M ISSIONERS

Newton Savings B an k — Concluded.
Classification o f Deposits received during the Year ending Oct. 31,18,94.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Num ­
ber.

Amount.

6,125

$119,003 11

1,013

81,608 05

not
not
440

69,321 16

337

119,069 13

84
76

60,645 05
78,852 62

8,075

$528,499 12

not

To the credit —
O f women, both adult
and minor,
O f guardians,
O f religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

4,533
14

$272,627 70
6,139 42

97
895

11,968 24
41,621 10

less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

---------- -

434

R E P O R T O F TH E

[Pub. D oc.

NORTH ADAMS SAVINGS BANK — NORTH ADAMS.
Incorporated April 26, 1848.
A . C. H o u g h t o n , President.
V. A. W

Present number of corporators, 26.
V. A. W

h it a k e r ,

h it a k e r ,

Treasurer.

Clerk o f the Corporation.

Names o f committee charged with the investment of its funds :
A . B. W

G eo r g e L . R ic e ,

r ig h t ,

W . H. Gaylord.

Open for business every business day, except Saturday, 9.

B a l a n c e Sh e e t O c t o b e r

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking 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 depositor’s books,
Deposit in bank, on interest,
Deposits in banks, not on interest,
Expense account,
Interest account , .
.
.
.
Cash on hand,
.
.
.
.

a

.m .

to 4

p .m

.

31, 1894.

L ia b il it ie s .

$161,900
59,400
4,650
20,000

00
00
00
00

15,405
19,380
1,394,522
436,775

37
20
97
00

194,500
430
12,645
13,047
740
23,023
1,191

00
00
10
71
86
29
36

Deposits, .
Guaranty fund,
Undivided earnings,
State tax account, .

$2,357,611 86

$2,247,111
92,500
15,000
3,000

86
00
00
00

$2,357,611 86

Cash on Deposit in Banks, amount in each: —
Adams National Bank, North A d a m s ,.................................................
Berkshire National Bank, North A d a m s , ........................................
New England National Bank, Boston .
.
.
.
.
.

$7,254 85
5,792 86
12,645 10

Loans on Bank Stock, amount on each : —
On 105 shares Adams National Bank, North Adams,

.

On 5 shares Pittsfield National Bank, Pittsfield..................................


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$4,200 00
450 00

No. 8 .]

S A Y IN G S B A N K CO M M ISSIO N ERS.

435

North Adams Savings Bank — Continued.
Detailed Statement o f Public Funds.

Par Value.

Town of Plymouth, Mass., 4s,.
City of Bangor, Me., 6s, .
of Dayton, Ohio, 4 s ,.
of Fall River, Mass., 6s,
of Lowell, Mass., 4s,
of New Bedford, Mass., 6s,
of Norwich, Conn., 4s,
of Portland, Me., 6s,
of Providence, R. I., 5s, .
of Terre Haute, Ind., 5s, .
of Woonsocket, R. I., 4s, .

$29,900
2,000
20,000
11,000
10,000
1,000
25,000
5,000
18,000
10,000
30,000

Estimated
Market Value.

$30,500
2,160
20,400
12,900
10,300
1,000
25,800
6,100
19,100
10,800
30,700

Amount Invested.

$29,900
2,000
20,000
11,000
10,000
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
00*
00
00
00
00
00
00
00
00

$161,900 $169,760 00 $161,900 00
* A legal investment when made.

No. o f
Shares.

Detailed Statement o f Bank Stocks.

14
250
280
50

Tar Value.

Lee National Bank, L ee,.
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.

$1,960
31,250
29,400
7,500

Amount Invested.

00
00
00
00

$70,110 00

$1,400
25,000
28,000
5,000

00
00
00
00

$59,400 00

Detailed Statement o f Bailroad Bonds.

Par Value.

$20,000

Fitchburg R.R. 4s, .

Estimated
Market Value.

$19,000 00

Amount Invested.

$20,000 00

Total Amount o f Loans, with Each Specified Bate o f Interest.

Amount.

$12,645 10
278,500 00

Rate.

2 per cent.
4
“


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Amount.

Rate.

Amount.

$115,000 00
1,462,552 13

4 j per cent.
5
“

$174,825 84

Rate.

6 per cent.

436

R E P O R T O F TH E

[Pub. D oc.

North Adams 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 , ........................................................................................
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,......................................................................................................................
Assessed value of the s a m e , ........................................................................................
Number o f loans which are of an amount not exceeding $3,000 each, 411
Aggregate amount of the same......................................................................................
Total number o f 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 4 , ........................................................................................
Times for the dividends fixed by the by-laws : April 1 and October 1.
Rate and amount of each semi-annual dividend f 2 per cent., $41,772 34 )
during the year ending Oct. 31, 1894,
.
. I 2 per cent.,
42,324 25 J
Number of accounts opened during the year ending Oct. 31, 1894,
1,004
Number of accounts closed during the year ending Oct. 31, 1894,
. 991
Total number of open accounts Oct. 31, 1894,
.
.
.
.
6,055
Total expenses o f the corporation for the year ending Oct. 31, 1894 (ex­
clusive of t a x e s ) , ..................................................................................................
Amount o f deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

$15,405 37
40.000 00
31.000 00
19,380 20
21,700 00
440,783 34

110,478 38

84,096 59

8,471 66
421,756 23

Number o f s a m e , ........................................................................................ 5,665
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , ......................................................................................................................

437,700 67

Number of s a m e , .........................................................................................5,257
Date of examination by commissioner : March 2.

Classification o f Deposits received during the Year ending Oct. 31, 1894.

O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

4,181

$81,709 51

753

62,917 05

327

51,783 97

242

86,704 95

77
85

53,640 75
85,000 00

5,665

$421,756 23

not
not
not
.
less

To the credit —
O f women, both adult
and minor,
Of guardians.
O f religious and chari­
table associations, .
In trust, .
.
.
.

N um ­
ber.

Amount.

2,353
7

$174,946 51
1,271 17

36
58

1,418 92
28,721 50

No. 8 .]

437

SA V IN G S B A N K COM M ISSIONERS

NORTHAMPTON INSTITUTION FOR SAVINGS —
NORTHAMPTON.
Incorporated March 1, 1842.

Present number of corporators, 17.

H . G. K n i g h t , President.

L. M
T . G. S p a u l d i n g , Cleric o f the Corporation.

altby,

Treasurer.

Names of committee charged with the investment of its funds :
L. M a l t b y ,

O scar E d w a k d s ,
O l iv e r W a l k e r .

Open for business every business day, 9

B a l a n c e Sh e e t O c to b er

a .m

31, 1894.

A ssets.

Public funds as per schedule, .
Bank stock as per schedule,
Loans on bank stock, .
Railroad bonds as per schedule,
Real estate (for banking pur­
poses),
.......................................
Real estate by foreclosure,
Loans on real estate, .
Loans on personal security,
Loans to counties, cities or towns
( n o t e s ) , .......................................
Loans on depositors’ books,
Deposits in banks, on interest, .
Cash on hand,
.
.
.
.

. to 3 p .m .

L ia b il it ie s .

$750,000
58,900
20,155
400,000

00
00
00
00

18,000
5,650
1,373,473
222,654

00
00
50
50

17,000
1,600
49,664
6,316

00
00
28
59

Deposits, .
Guaranty fund,
Profit and loss ac­
count, .

$2,923,413 87

$2,758,381 17
140,000 00
25,032 70

$2,923,413 87

Cash on Deposit in Banks, amount in each: —
Northampton National Bank, N o r t h a m p t o n , ........................................
Globe National Bank, B o s t o n , ....................................................................

$38,969 12
10,695 16

Loans on Bank Stock, amount on each: —
On
On
On
On
On
On
On
On
On

100 shares First National Bank, Easthampton, M ass., .
10 shares First National Bank, Easthampton, Mass.,
10 shares First National Bank, Easthampton, Mass.,
10 shares First National Bank, Easthampton, M ass.,
12 shares First National Bank, Easthampton, Mass.,
.
37 shares First National Bank, Northampton, M ass.,
5 shares First National Bank, Northampton, M ass.,
9 shares First National Bank, Northampton, Mass.,
5 shares First National Bank, Northampton, M ass.,

On 10 shares Hampshire County National Bank, Northampton, Mass.,
On 5 shares Northampton National Bank, Northampton, M ass.,
On 10 shares Ware National Bank, W are, Mass.,
.
.
.
.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$10,000
1,000
1,000
270
685
3,700
300
575

00
00
00
00
00
00
00
00

1,150 00
500 00
975 00

438

R E P O R T O F TH E

[Pub. Doc

Northampton Institution for Savings — Continued.
Detailed ¡Statement o f Public Funds.

Par Value.

City of Akron, Ohio, 5s, .
of Boston, Mass , 4s,
of Cleveland, Ohio, 4is, .
of Cleveland, Ohio, 6s,
o f Dayton, Ohio, 5s, .
of Dayton, Ohio, 6s,
of Milwaukee, Wis., 7s, .
of Providence, R. I., 4s, .
of Springfield, Ohio, 5s, .
Town of Meriden, Conn., 4£s, .
of Meriden, Conn., 6s, .
City of Cleveland, Ohio, 5s,
of Cambridge, Mass., 4 s,.
of Detroit, Mich., 4s,
of Detroit, Mich., 7s,
of Grand Rapids, Mich , 4^s, .
of Manchester, N. H., 4is,
of Milwaukee, Wis , 5s, .
of Scranton, Pa., 4|s,
United States 5s,
. . .

$20,000
200,000
28,000
33,000
24,000
31,000
7,000
50,000
7,000
40,000
20,000
75,000
30,000
50,000
20,000
20,000
25,000
10,000
35,000
25,000
$750,000

Estimated
Market Value.

$20,400
221,750
29,680
34,320
25,680
32,395
7,140
54,000
7,630
42,600
21,400
82,625
31,500
54,750
21,400
21,800
27,625
11,000
37,100
30,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested.

$20,000
200,000
28,000
33,000
24,000
31,000
7,000
50,000
7,000
40,000
20,000
75,000
30,000
50,000
20,000
20,000
25,000
10,000
35,000
25,000

00
00
00
00
00*
00*
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$817,795 00 $750,000 00

* Legal investments when made.

No. of
Shares.

Detailed Statement o f Bank Stocks.

29
53
15
10
105
20
27
50
26
17
17
20
13
100

Atlantic Nat'l Bank, Boston, .
Boston Nat’l Bank, Boston,
N’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 National Bank, Boston,
Shawmut Nat’l Bank, Boston, .
State National Bank, Boston, .
Traders’ Nat’l Bank, Boston, .
Washington N’l B’k, Boston, .
Nat’l Webster Bank, Boston, .
Northampton National Bank,
Northampton,
16 First N’l Bank, Northampton,
40 City Nat’l Bank, Worcester, .
31 Bunker Hill N’l B’k, Boston, .


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Tar Value.

Estimated
Market Value.

Amount Invested.

$2,900
5,300
1,500
1,000
10,500
2,000
2.700
5,000
2,600
1,700
1,700
2,000
1,300

$3,540
5,512
1,725
1,260
24,990
3,140
3,105
9,250
3,016
1,972
1,275
2,180
1,300

00
00
00
00
00
00
00
00
00
00
00
00
00

$2,900
5,300
1,500
1,000
10,500
2,000
2,700
5,000
2,600
1,700
1,700
2,000
1,300

00
00
00
00
00
00
00
00
00
00
00
00
00

10,000
1,600
4,000
3,100

14,500
1,800
6,000
6,200

00
00
00
00

10,000
1,600
4,000
3,100

00
00
00
00

$58,900

$90,765 00

$58,900 00

N o. 8 .]

439

S A Y IN G S B A N K CO M M ISSION ERS.

Northampton Institution for Savings — Continued.
Detailed Statement o f Railroad Bonds.

Par Value.

Boston & Albany R.R. 5s,
Boston & Albany R.R. 6s,
Boston, Clinton & Fitchburg R.R. 5s,
Boston & Lowell R.R. 7s,
Fitchburg R.R. 5s, .
.
.
.
Old Colony R.R. 4 s,.
Maine Central R.R. 4|s, .

$50,000
70.000
40.000
40.000
100,000
50.000
50.000
$400,000

Estimated
Market Value.

$54,250
71,050
45,600
40,400
107,000
52,750
53,000

00
00
00
00
00
00
00

$424,050 00

Amount Invested.

$50,000
70.000
40.000
40.000
100,000
50.000
50.000

00
00
00
00
00
00
00

$400,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$10,695 16
38,969 12
94,050 00

Rate.

2 per cent.
2à “
4
“

Amount.

$75,000 00
20,000 00

Kate.

Amount.

4J per cent.
4|
“

$1,435,783 00
10,050 00

K a te .

5
6

per cent.

Amount invested in real estate for banking p urposes,................................ $18,000
Estimated value of the s a m e , ....................................................................
25,000
Assessed value of the s a m e ,..............................................................................
21,500
Net income received from same during year ending Oct. 31, 1894,
.
.
300
Value, by books, of other real estate held or owned by foreclosure or
o t h e r w i s e ,...........................................................................................................
5,650
Assessed value o f the s a m e , .............................................................................
4,950
Net income received from same during year ending Oct. 31, 1894,
.
.
220
Number o f loans which are of an amount not exceeding $3,000 each,
387
Aggregate amount o f the s a m e , ..............................................................................
492,617
Total number of loans upon real e s t a t e , ........................................
399
Amount of investments from which no income is received,
.
.
.
200
Gross amount of interest or profits received or earned, as per books, dur­
ing year ending Oct. 31, 1 8 9 4 , ..............................................................................
140,538
Times for the dividends fixed by the by-law s: first Wednesday in April
and October.
Rate and amount of each semi-annual dividend j 2 per cent., $52,546 82 ) ^qduring the year ending Oct. 31, 1894,
.
. 1 2 per cent.,
52,874 06 J
’
Number of accounts opened during the year ending Oct. 31, 1894,
1,055
Number o f accounts closed during the year ending Oct. 31, 1894,
878
Total number o f open accounts Oct. 31, 1894,
.
.
.
.
7,046
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
7,669
clusive of taxes),


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

00
00
00
00
00
00
83
00
00
40

83

15

R E P O R T O F TH E

440

[Pub. D oc

Northampton Institution for Savings — Concluded.
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , .................................................................................................. $385,508 79
Number of s a m e , ........................................................................................ 5,771
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1 8 9 4 , .....................................................................................................................

436,177 32

Number of s a m e , ........................................................................................ 5,565
Date of examination by commissioner: March 6.

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .

O f $50 and less,
Exceeding $50 and
more than $ 100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .
Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

N um ­
ber.

Amount.

4,673

$144,936 27

599

48,208 30

235

36,847 49

142

50,468 93

53
69

35,947 80
69,100 00

5,771

$385,508 79

not
not
not
less

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

Num ­
ber.

Amount.

2,417
7

$186,118 27
1,000 00

27
51

923 93
6,071 30

No. 8 .]

SA Y IN G S B A N K CO M M ISSION ERS.

441

N O R TH A V E N U E SA V IN G S B A N K — CA M BR ID G E .

Incorporated March 7, 1872.

Present number of corporators, 34.

S a m u e l F . W ooD bR iD G E, President.

M il t o n L . W a l t o n , Treasurer.

G e o r g e W . P a r k e , Clerk o f the Corporation.

Names of committee charged with the investment of its fu n d s:
Sa m u e l F . W o o d b r id g e ,

C h a r l e s F. S t r a t t o n ,

R ussell S. E d w a r d s ,

J o h n J. H e n d e r s o n ,

W a r 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 la n c e Sh e e t O cto ber

A ssets.

31, 1894.

L ia b il it ie s .

Public funds as per schedule,
.
Loans on public funds,
Bank stock as per schedule,
Railroad bonds as per schedule,
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, .
Interest account,
Cash on hand,
.
.
.
.

$5,000
1.400
5,150
20,000
500
263,675
117,785

00
00
00
00
00
00
00

5.400
22,115
268
1,550

00
34
75
96

$442,845 05

Deposits, .
Guaranty fund,
Profit and loss ac­
count,

$416,777 62
8,500 00
17,567 43

$442,845 05

Cash on Deposit in Banks, amount in each: —
Howard National Bank, B o s t o n ,............................................................................... $14,078 97
Faneuil Hall National Bank, Boston..........................................................................
8,036 37

Loans on Public Funds, amount on each: —
On $400 City of Lowell, M ass., 4 s , ..................................................................... $400 00
On $1,000 City of Newton, M ass., 4 s , .....................................................................
1,000 00

Loan on Railroad Stock : —
On 6 shares Boston & Maine R


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.R

. , .....................................................................$500 00

442

R E P O R T OF TH E

W o r t h A v e n u e S a v in g s B a n k

[Pub. D oc.

— Continued.

Detailed Statement o f Public Funds.

Par Value.

United States 4s,

.

.

.

15,000

Estimated
Market Value.

$5,787 50

Amount Invested.

$5,000 00

Ko. o f
Shares.

Detailed Statement o f Bank Stocks.

13
15
5
5
15

Par Value.

Blackstone Nat’l B’k, Boston,.
Faneuil Hall N’1 B’k, Boston, .
Nat’l Exchange Bank, Boston,
Tliird National Bank, Boston,.
First N’1 Bank, Marlborough,

Estimated
Market Value.

$1,300
1,500
500
500
1,500

$1,300
1,961
633
448
1,680

00
25
75
75
00

$5,300

$.6,023 75

Amount Invested.

$1,300
1,500
500
500
1,350

00
00
00
00
00

$5,150 00

Detailed Statement o f Bailroad Bonds.

Par Value.

Concord & Montreal R.R. 4s, .
Fitchburg R.R. 5s, .
Old Colony R.R. 4s, .
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.

$5,100
2,140
3,165
5,000
5,250

00
00
00
00
00

$20,655 00

Amount Invested.

$5,000
2,000
3,000
5,000
5,000

00
00
00
00
00

$20,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$22,115 34
5,400 00
1 0 ,0 0 0 0 0

Kate.

2

4
4è


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

per cent.
“
“

Amount.

Kate.

$ 1 0 1 ,0 0 0 00
142,370 00
129,290 00

5 per cent.
H
“
6
“

Amount.

$600 0 0
1 00 00

Kate.

6£

7

per cent.

No. 8 .]

SA V IN G S B A N K COM M ISSION ERS

N o r t h A v e n u e S a v in g s B a n k

443

— Concluded.

Number of loans which are of an amount not exceeding $3,000 each, 128
Aggregate amount of the same,
Total number of loans upon real estate............................................................135
Gross amount of interest or profits received or earned, as per books, during
year ending Oct. 31, 1 8 9 4 , ........................................................................................
Times for the dividends fixed by the b y-la w s: January 10 and July 10.
Rate and amount of each semi-annual dividend f 2 per cent.,
$6,935 32 )
during the year endingOct. 31, 1894,
.
. 1 2 per cent.,
7,096 56 J
Number of accounts opened during the year ending Oct. 31, 1894,
. 364
Number of accounts closed during the year ending Oct. 31, 1894,
. 267
Total number of open accounts Oct. 31, 1894......................................
2,025
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive o f ta x e s ),............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................
Number of s a m e , .................................................................................................. 2,535
Amount of withdrawals, including dividends, during the year ending Oct.
31, 1894...............................................................................................................................
Number o f s a m e , ...................................................................................................1,524
Date of examination by commissioner: April 16.

$178,260 00

20,793 44

14,031

2,034 05
126,388 19

96,205 46

Classification o f Deposits received during the Year ending Oct. 3 1 ,1 8 9 4 .
N um ­
ber.
O f $50 and less,
Exceeding $50 and
more than $100, .
Exceeding $100 and
more than $200, .
Exceeding $200 and
more than $500, .
Exceeding $500 and
than $1,000, .
O f $1,000 or more, .

Amount.

2,060

$33,762 88

259

21,023 90

108

16,751 78

70

23,156 90

22
16

15,692 73
16,000 00

2,535

$126,388 19

not
not
not
less

Totals,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

To the credit —
O f women, both adult
and minor,
O f guardians,
Of religious and chari­
table associations, .
In trust................................

N um ­
ber.

Amount.

1,059
4

$49,338 22
665 00

40
72

3,437 45
7,325 62

444

R E P O R T O F TH E

[Pub. D oc.

*

W ORTH

B R O O K F IE L D

S A V IN G S

BAN K — NORTH

B R O O K F IE L D .
Incorporated Feb. 28, 1854.

Present number o f corporators, 35.

G eorge It. H amant, President.
Charles E . B atcheller , Treasurer.
Charles E . B atcheller , Clerk o f the Corporation.
Names of committee charged with the investment of its funds :

G eorge R . H amant,
F rank A . S mith ,

L uther P. D eland,
Sumner H olmes.

Open for business every business day, except Saturdays, 9 a . m . to 1 p . m . ; 2 to 4 p .m . ;
Saturdays, from 9 a .m . to 12 m .

B a l a n c e Sh ee t O ctober

A ssets.

Public funds as per schedule,
Bank stock as per schedule,
Loan on bank stock, .
Railroad bonds as per schedule,
Loan on railroad stock,
Real estate (for banking purp o s e s ) , .......................................
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,
.
.
.
.

31, 1894.

L ia b il it ie s .

$120,500
1,400
600
167,000
500

00
00
00
00

00

Deposits, .
Guaranty fund,
Interest account,
Profit and loss account,

$660,866 09
36,575 00
7,494 60
2,884 60

1 0 ,0 0 0 0 0

32,467 10
344,148 40
9,000
17,578
1,572
54

00
74
05
19

2 ,0 0 0 00

999 81
$707,820 29

$707,820 29

Cash on Deposit in Banks, amount in each: —
First National Bank, Worcester....................................................................................$10,783 11
Third National Bank, B o s t o n , ..............................................................................
6,795 63
Maverick National Bank, B o sto n ,..............................................................................
1,572 05
Loan on Bank Stock: —
On 8 shares W are National Bank, W a r e , ............................................................$600 00

Loan on Railroad Stock: —
On 16 shares Boston & Albany R . R . , .....................................................................$500 00


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No. 8 .]

445

S A Y IN G S B A N K CO M M ISSION ERS

N o r t h B r o o k f i e l d S a v in g s B a n k

— Continued.

Detailed Statement o f Public Funds.

Par Value.

City of Boston, Mass., 6s,
of Canton, Ohio, 5s, .
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., 5s, .
of Salem, Mass., 5s, .
of South Norwalk, Conn., 6s,
of Springfield, Ohio, 5s, .
County of Aroostook, Me., 4^s,
State of New Hampshire 6s, .

$4,000
10,000
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

Estimated
Market Value.

$4,811
11,044
1,152
7,380
3,096
38,147
17,532
5,100
1,204
5,229
7,952
2,224
5,101
12,017
7,455
1,685

20
00
40
80
30
50
80
00
60
00
10
20
00
60
00
55

$120,500 $131,134 05

Amount Invested.

$4,000
10,000
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

00
00*
00
00
00
00*
00
00
00
00
00
00
00
00
00
00

$120,500 00

* Legal investments when made.

[ No. of
Shares.

Detailed Statement o f Bank Stocks.

4
10

Par Value.

Ware National Bank, Ware, .
Eliot National Bank, Boston, .

Estimated
Market Value.

Amount Invested.

$400
1,000

$424 00
1,155 00

$400 00
1,000 00

$1,400

$1,579 GO

$1,400 00

Detailed Statement o f Railroad Bonds.
Par Value.

Boston, Clinton, Fitchburg & New
Bedford R.R. 5s, .
Boston, Winthrop & Shore R.R. 5 s ,.
Concord & Montreal R.R. 4s, .
Eastern R.R. 6s,
. . .
Maine Central R.R. 6s, .
Maine Central R.R,. 7s,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$5,000
5,000
15,000
27,000
6,500
18,000

Estimated
Market Value.

$5,643
5,475
15,450
32,597
7,187
23,935

00
00
00
10
70
20

Amount Invested.

$5,000
5,000
15,000
27,000
6,500
18,000

00
00
00
00
00
00

446

R E P O R T O F TH E

N o r t h B r o o k f i e l d S a v in g s B a n k

[Pub. D oc.

— Continued.

Detailed Statement o f Railroad Bonds — Concluded.

Par Value.

Old Colony R.R. 6s, .
Portland & Ogdensburg R.R. 6s,
Ports., Ot. Palls & Conway R.R. 4^s,
Boston & Albany R.R. 4s,
Boston & Maine R.R. 4s, .
Fitchburg R.R. 5s, .
Maine Central R.R. 4s,

$8,000
25,500
10,000
7,000
20,000
. 15,000
5,000

Estimated
Market Value.

$8,312
28,146
11,100
7,420
20,518
15,843
5,000

Amount Invested.

00
90
00
70
00
00
00

$167,000 $186,628 60

$8,000
25,500
10,000
7,000
20,000
15,000
5,000

00
00
00
00
00
00
00

$167,000 00

Total Amount o f Loans, with Each Specified Rate o f Interest.
Amount.

$17,578 74
9,000 00

Rate.

2
4

per cent.

Amount.

Rate.

$344,148 40

5^ per cent.

Amount.

Rate.

$ 1 ,1 0 0 00

6

Amount invested in real estate for banking p u rp ose s,........................................
Estimated value o f 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 o f the same...................................................................................
Net income received from same during year ending Oct. 31, 1894,
Number of loans which are of an amount not exceeding $3,000 each,
Aggregate amount of the same................................................................... ■

per cent.

$ 10,000 00

10,000 00
10,000 00
32,467 10
38,500 00
636 65

252
263,523 40

Total number of loans upon real e s t a t e , ................................................. 271
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, 1894.............................................................................................

15,000 00
35,925 32

Times for the dividends fixed by the by-laws : January 1 and July 1.
Rate and amount of each semi-annual dividend f 2 per cent., $12,306 08 1
during the year ending Oct. 31, 1894,
.
. I 2 per cent., 12,322 38 1
Number of accounts opened during the year ending Oct. 31,1894,
. 289
Number o f accounts closed during the year ending Oct. 31, 1894,
. 224
Total number of open accounts Oct. 31, 1894,
.
.
.
.
2,282
Total expenses of the corporation for the year ending Oct. 31, 1894 (ex­
clusive of taxes)...............................................................................................................
Amount of deposits, not including dividends, received during the year
ending Oct. 31, 1 8 9 4 , ..................................................................................................

24,628 46

1,518 38
99,811 15

Number of s a m e , ................................................................................................... 448
Amount o f withdrawals, including dividends, during the year ending Oct.
31, 1894............