# The New York Times/1918/11/11/Reports of Trust Companies

Layout 2
REPORTS OF TRUST COMPANIES.
REPORT OF THE CONDITION OF THE MERCANTILE TRUST AND DEPOSIT COMPANY
at the close of business on the last day of November, 1918:
RESOURCES.
| Stock and bond investments, viz.: |
| Public securities | $1,032,500.00 |
| Private securities | 472.190.68 |
| Loans and discounts secured by other collateral | 6,236,946.20 |
| Loans, discounts, and bills purchased not secured by collateral | 7,483,358.50 |
| Overdrafts | 116.21 |
| Due from approved reserve depositaries, less amount of offsets | 198,051.92 |
| Specie | 3,502.38 |
| Other currency authorized by the laws of the United States | 63,000.00 |
| Due from the Federal Reserve Bank of New York, less offsets | 1,510,901.52 |
| Customers' liability on acceptances (see liabilities, per contra) | 235,762.15 |
| Other assets, vix.: |
| Accrued interest not entered on books at close of business on above date | 2,396.19 |
| Total | $17,238,728.75 |
LIABILITIES.
| Capital stock | | $1,000,000 |
| Surplus: |
| Surplus fund | $500,000.00 |
| Undivided profits. | 216,850.93 |
| | | 716,850.93 |
| Deposits: |
| Preferred, as follows: |
| Deposits by the State of New York | $85,000.00 |
| Other deposits secured by a pledge of assets. | 2,287,617.15 |
| Not preferred, as follows: |
| Deposits subject to check | 11,524,578.42 |
| Time deposits, certificates and other deposits, the payment of which cannot legally be required within thirty days | 526,012.74 |
| Demand certificates of deposit | 90,019.23 |
| Cashiers' checks outstanding, including similar checks of other officers | 392.19 |
| Certified checks | 72,418.96 |
| Due trust companies, banks, and bankers | 609,268.64 |
| Total deposits | | 15,189,296.33 |
| Acceptances of drafts payable at a future date or authorised by commercial letters of credit | | 235,763.15 |
| Other liabilities, viz.: |
| Reserves for taxes, expenses, etc. | $12,900.54 |
| Accrued interest entered on books at close of bualness on above date | 2,296.62 |
| Accrued interest not entered on books at close of busiпеss date on above date | 839.06 |
| Net unearned Interest entered | 30,780.12 |
| | | 96,816.34 |
| Total | | $17,238,726.75 |
THE GIRARD NATIONAL BANK PHILADELPHIA November 1, 1918
RESOURCES
| Loans and Investments. | $88.622,421.66 |
| Acceptances and Letters of Credit. | 11,280,254.94 |
| Due from Banks | 16.472.454.86 |
| Exchange for Clearing House | 2,640,768.20 |
| Cash and Reserve | 4,495,916,10 |
| | $118,491,815.76 |
LIABILITIES
| Capital | $2,000,000.00 |
| Surplus and Net Profits. | 5,900.891.55 |
| Reserve for Depreciation in Securities. | 371,100.07 |
| Reserve for Taxes. | 78,145.49 |
| Circulation. | 1,075,500.00 |
| Acceptances and Letters of Credit. | 11,260,254.04 |
| Due Federal Reserve Bank (Rediscounts and Bills Payable). | 8,559,240.00 |
| 4th Liberty Bond Payments. | 14,908,140.00 |
| Deposits. | 74,272,048.71 |
| | $118,491,815.76 |
JOSEPH WAYNE, Jr., President Evan Randolph, Vice-Pres, & Cashier. Alfred Barratt, Assist, Cashier. A. W. Pickford, Assistant Cashier. David J. Myers, Assist. Cashier. Walter P. French, Assistant Cashier.
DIRECTORS
FRANCIS B. REEVES, Chairman of the Board
* Daniel Bough
* Rodman E. Griscom
* W. Frederick Snyder
* Robert Toland
* Wm. Newbold Ely
* John Gribbel
* Francis B. Reeves, Jr.
* Wm. W. Frasier, Jr.
* George D. Rosengarten
* Joseph Wayne, Jr.
* Evan Randolph
* Morris R. Bockius
* Arthur V. Morten
* William Jay Turner
* A. J. County
* Wm. P. Barbe
* Walter S. Thomson
The Second National Bank OF THE CITY OF NEW YORK Fifth Avenue and 28th Street STATEMENT OF CONDITION Nov. 1st. 1918.
RESOURCES
| Loans, Discounts & Investments | $19,271,209.75 |
| Less Bills & Notes rediscounted | 1,850,000.00 |
| | | $17,921,209.75 |
| United States Bonds to Secure Circulation | $650,000.00 |
| United States Bonds | 1,300.00 |
| Customers' Liability under Letters of Credit | 54,383.00 |
| Banking House | 1,171,950.99 |
| Checks and other Cash Items | 416,750.11 |
| 5% Redemption Fund, and due from United States Treasurer | 54,500.00 |
| Reserve in Federal Reserve Bank | 2,042,381.48 |
| Cash, Exchanges for Clearing House, and Net amount due from National Banks | 2,352,612.19 |
| Interest Accrued | 50,000.00 |
| | | $24,715,067.67 |
LIABILITIES
| Capital | $1,000,000.00 |
| Surplus and Undivided Profits | 4,018,250.75 |
| Reserved for Taxes | 82,339.79 |
| Circulation | 650,000.00 |
| Deposits | 15,447,613.93 |
| U.S. Deposits | 2,812,450.00 |
| U.S. Bond Account | 550,000.00 |
| Unearned Discount | 100,000.00 |
| Other Liabilities | 54,368.00 |
| | $24,715,067.67 |
DIRECTORS
* John Aitken
* H. Blanchard Dominick
* Thomas A. Howell
* F. Colt Johnson
* Edward H. Peaslea
* Dwight S. Richardson
* Percy A. Rockefeller
* William A. Simonson
* Louis M. Starr
* James A. Stillman
* Percy S. Straus