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93 Tr. & Est. 1 (1954)

handle is hein.journals/tande93 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 LONDON MADISON AVENUE AT 641 STREET New York 21 40 ROCKEFELLER PLAZA New York 20 PARIS BRUSSELS Condensed Statement of Condition, December 31, 193FS- RESOURCES Cash on Hand, in Federal Reserve Bank, and Due from Banks and Bankers S U. S. Government Obligations . . . . . . . . . Loans and Bills Purchased . . . . . . . . . . Public Securities...... . . . . . . . . . Stock of Federal Reserve Bank....... . . . Other Securities and Obligations Credits Granted on Acceptances Accrued Interest and Accounts Receivable . .... Real Estate Bonds and Mortgages . ....... Bank Premises . . ............. Total Resources LIABILITIES Capital . . . . . . . . . . . . . . . . . Surplus Fund...... ............... Undivided Profits . . . . . . . . . . . . . . Total Capital Funds . . . . . . . . Deposits ....... ................. Foreign Funds Borrowed . . . . . . . . . . . Acceptances . . . . . . . . . . . . . . . . Less: Own Acceptances Held for Investment . . . . Dividend Payable January 15, 1954: Regular . . . . . . . . . . . . . . . . Extra . . . . . . . . . . . . . . . . . Items in Transit with Foreign Branches . . . . . . Reserve for Expenses and Taxes . . . . . . . . . Other Liabilities . . . . . . . . . . . . . . Total Liabilities . . . . . . . . . .$ 36,891,804.20 9,000,000.00 55,073,544.41 16,848,254.10 14,263,824.36 5,504,281.12 137,581,708.19 . . . . 8,228,033.93 .. $2,972,598,720.64 $100,000,000.00 200,000,000.00 90,884,015.32 . . . . . . . $ 390,884,015.32 . . . . . . . 2,520,952,092.61 . . . . . . . 1,050,000.00 . 21,057,238.34 2,426,362.55 S 18,630,875.79 3,750,000.00 2,500,000.00 . 555,355.42 23,713,552.38 10,562,829.12 59,712,612.71 . . . . . . . $2,972,598,720.64 Securities carried at $143,178,545.18 in the above statement are pledged to qualify for fiduciary powers, to secure public moneys as required by law, and for other purposes. J. LUTHER CLEVELAND Chairman of the Board WILLIAM L. KLEITZ President THOMAS P. JERMAN Vice-President ALFRED R. THOMAS Vice-President GEORGE G. ALLEN Chairman of the Board, Duke Power 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. JOHN W. DAVIS of Davis Polk Wardwell Sunderland & Kiendl DIRECTORS CHARLES E. DUNLAP President, The Berwind-White Coal Mining Company WALTER S. FRANKLIN President, The Pennsylvania Railroad Company LEWIS GAWTRY W. ALTON JONES Chairman of the Board, Cities Service Company CORNELIUS F. KELLEY Chairman of the Board, Anaconda Copper Mining Company WILLIA1 L. KLEITZ President CHARLES S. MUNSON Chairman of the Board, Air Reduction Company, Inc. WILLIAM C. POTTER Member Federal Deposit Insurance Corporation GEORGE E. ROOSEVELT of Roosevelt & Son CARROL M. SHANKS President, The Prudential Insurance Compary 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 Board, International Business Machines Corporation CHARLES E. WILSON Trustee, The Ford Foundation ROBERT W. WOODRUFF Chairman, Executive Committee, The Coca-Cola Company 1 JANUARY 1954