New Britain Herald Newspaper, October 29, 1921, Page 10

NEW BRITAIN DAILY HERALD, SATURDAY, OCTOBER 29, 192f. A Statement of the Condition of the BURRITT SAVINGS BANK Submitted to Its Depositors Thro the Medium of the Daily Press as of October 1, 1921 Loans on Real Estate (First Mortgages) ‘ - $1,208315 Loans on Collateral Security - - . : - 493205 City of New Britain Notes Due 1922-1923 ; . 12,000 B b : Par Value Book Value Market Value Municipal Bonds S R BT '$ 89,971.50 - '$°86,980.00 2nd, 3rd, 4th Liberty Bonds - = = = 355000.00 347.099.00 - 330,56250 Bonds (Of Dominion of Canada, Provinces of Ontario, ; ; ey Quebec, Umted ngdom of Great Bntam and auir il Ireland) - - 189,000.00 173,12349 178,490.00 .Railroad Bonds o i- 3 : - 498,000.00 430,887.50 43872000 Public Utility Bonds - - i - 25,000.00 19,995.00 21,500.00 ' Bank Stocks - - - .7 = - ' 150,050.00 310,817.99 342,080.00 Cash on Hand and in Banks : : ' . 116,766.39 - Miscellaneous Assets e e ; . 1,764.61 : ' $3,230,383.50 Due Depositors - Sl s - - - - $3,083,121.18 2 Miscellaneous Liabilities - e e et e 90.76 - 3,083,211.94 Assets in Excess of Amount Due Depositors $147,171.56 The Burritt Savings Bank is a Mutual Savings Bank — There are no stockholders — All of the Profits over interest it 42 % Per Annum (which at present amounts to about $30,000 annually) is used to strengthen the;secunty; of te . Depositors — Your Officers and Directors are pleased to make to you what they consder a very grahfymz showing of the ca- dition of this Bank. . JAMES E. COOPER, President, WM. L. DAMON, Vice President, WM. E. ATTWOOD, Treasurer, , OTHER DIRECTORS F. G. VIBBERTS, Secretary, WALTER MEYER, Assistant Treasurer.