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92 Tr. & Est. 1 (1953)

handle is hein.journals/tande92 and id is 1 raw text is: Guaranty Trust Company of New York 140 BROADWAY - New York 15 FIFTH AVENUE AT 44TH STREET New York 36 MADISON AVENUE AT 60TH STREET New York 21 ROCKEFELLER PLAZA AT 50TH STREET New York 20 LONDON PARIS BRUSSELS Condensed Statement of Condition, December 31, 1952 RESOURCES Cash on Hand, in Federal Reserve Bank, and Due from Banks and Bankers $ 697,658,049.77 U. S. Government Obligations. ......... . . . . . . .699,309,037.23 Loans and Bills Purchased........... . . . . . . . 1,566,424,556.05 Public Securities. ........ . . ..... . . $ 64,419,016.95 Stock of Federal Reserve Bank...... . . . . .9,000,000.00 Other Securities and Obligations ......... 68,862,957.32 Credits Granted on Acceptances ......... 11,664,200.24 Accrued Interest and Accounts Receivable . ..... 13,769,533.09 'leal Estate Bonds and Mortgages . . . ......9,455,247.35 tems in Transit with Foreign Branches . ......91,128.44 177,262,083.39 3ank Premises. . ............ . . . . . . .8,374,562.36 Total Resources......... ... . . . . $3,149,028,288.80 LABILITIES apital . . . . . . . . . . . . . arplus Fund . . . . . . . . . . . 'ndivided Profits . . . . . . . . . . Total Capital Funds . . . . Deposits . . . . . . . . . . . . . Bills Payable ......... . Foreign Funds Borrowed . . . . . . . Acceptances . . . . . . . . . . . . Less: Own Acceptances Held for Investment Dividend Payable January 15, 1953: Regular..... ............ Extra . . . . . . . . . . . . Reserve for Expenses and Taxes . . . . . Other Liabilities . . . . . . . . . . Total Liabilities . . . . . $100,000,000.00 200,000,000.00 85,900,894.69 . . . . . . . $ 385,900,894.69 . . . . . . . 2,625,365,237.14 . . . . . . . 80,000,000.00 . . . . . . . 225,000.00 $ 15,877,890.02 2,952,810.62 $ 12,925,079.40 3,500,000.00 2,500,000.00 22,845,531.05 15,766,546.52 57,537,156.97 . . . . . . . $3,149,028,288.80 Securities carried at $310,988,476.42 in the above statement are pledged to qualify for fiduciary powers, to secure public moneys as required by law, to secure Bills Payable, and for other purposes. J.vBUTHER CLEVETAND 4. airman of the Board GEORGE G. ALLEN Chairman of the Board, Duke Power Company F. W. CHARSKE Chairman, Executive Committee. Union Pacific Railroad Company J. LUTHER CLEVELAND Chairman of the Board W. PALEN CONWAY CHARLES P. COOPER President, The Presbyterian Hospital in the City of New York WINTHROP M. CRANE, JR. Chairman of the Board, Crane & Co., Inc., Dalton, Mass. STUART M. CROCKER Chairman of the Board, The Columbia Gas System, Inc. WILLIAM L. KLEITZ President THOMAS P. JERMAN Vice-President DIRECTORS JOHN W. DAVIS of Davis Polk Wardwell Sunderland & Kiendl CHARLES E. DUNLAP President, The Berwind-White Coal Mining Company GANO DUNN President, The J. G. White Engineering Corporation WALTER S. FRANKLIN President, The Pennsylvania Railroad Company LEWIS GAWTRY CORNELIUS F. KELLEY Chairman of the Board, Anaconda Copper Mining Company WILLIAM L. KLEITZ President CHARLES S. MUNSON Chairman of the Board, Air Reduction Company, Inc. Member Federal Deposit Insurance Corporation ALFRED R. THOMAS Vice-President WILLIAM C. POTTER GEORGE E. ROOSEVELT of Roosevelt & Son CARROL M. SHANKS President. The Prudential Insurance Company of America EUGENE W. STETSON Chairman, Executive Committee, Illinois Central Railroad Company KENNETH C. TOWE President, American Cyanamid Company THOMAS J. WATSON Chairman of the Bowad, International Business Machines Corporation CHARLES E. WILSON Trustee, The Ford Foundation ROBERT W. WOODRUFF Chairman, Executive Committee, The Coca-Qgle omptay JANUARY 1953 .... .... . . . . . . . . . . . . 1