New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-05-13

The report for 1903 shows as follows:
rus 70 depositors -SA'V' a. ss3
Number OF depositors -'-'~O
This shows during the ten years an increase OF
70 per cent in deposits and 43 per cent IN b
l.shed in 1.-THE London Times entitled tS 81
Thrift 1t re the Sgan a57 The OF report 1as gave the
number of depositors in the postofhce ssV 9 4
oan xeS. a "a IT also reported the number Of de-
positors OF the trustee savngS silar to our
savings banks lSO1 4s5 and their DEPOSITS t Ss
s57 s8 2sS The average d t6 depoS N 'fs
the trustee savings banks S112 % Inc aoeFage 20 %
the report our average for this year is s42s de-
peTSbF. ere seems to be disposition the part of
some bankers to rush to the legislature ana in.r9
duce bills legazag "a oF the Utmost impor
tance that association discourage every attePt
proved by the executive committee
The report of the executive committee discussed
the various acts OF the legislature affecting the
sa wings banking interests adopted or proposed Sine
the last meeting of the association 1t urged Ihe
savings banks to Join in opposition to the olli no"
I'm Governor Odells hands for signature ADDING 20
the list of railroad mortgage bonds In Wn1cn saw
ines hanks may invest A vote OF thanks was
passed for the efficient work done by the executive
committee and it's report was approved
The following officers and executive conanhttee
were elected: President Charles A Schieren OF the
Cernania Savings Bank; first vice-president James
Mcmahon, president Of the Emisrant Inousrla4
Savings Bank: second v1ce-preSldents EO"dlU -
Dawson president Of the Onondaga County savings
Bank: third vice-presdent. Charles E. Hanaman'
president of the Troy Savings Bank; secretary
William G.. ConkIiu secretary OF the Franklh saw
fngs Bank treasurer, Samuel D. Styles, president Oh
the North River Savings Bank: executive commit
tee William C. Sturges. president OF the Seamen
Bank for Savings: William II. 5. WOODS, PRESIDENT
of the Bowery Savings Bank: James NJ Wentz'
nresdent of the Newburg Savings Bank; Rooert D
Donaldson, secretary of the Erie County savings
Rar'-: William 3. Van Rensselaer,. president OF the
AIbzn nv Savings Bank: Alexander E Orr, president
of the South Brooklyn Savings Bank: John Harsen
Rhoades president OF the Greenwich Savings Bank;
David Hoyt, secretary OF the Monroe County SaV.
ines Bank and Charles z. Sprague, PRESIDENT OF
the Union Dime Savings Institution; members eA
offico Charles A. SchieTen. PRESIDENT OF the yer
mania Savings Bank: Charles E Hanaran lanes
McMahon William G. Conkln- Edward 3 Dawson
election of the officers and committee or last year
William Hanhart president Of the savings oank
section OF the American Bankers Association. rea1
a naner on Concerted Action in Banking, when
was well received and was ordered printed IN me
minutes of the meeting. Charles T. Sprague Iedu
naper on THE Basis of Valuation. and then recess
was taken for luncheon. ---,,. z .
Ar the afternoon session Horace White read
paper on the currency question llluStraIIng lLe
heed for assets currency. and John r. van Worn1er;
secretary of the Lincoln Safe Deposit Company, OF
This CITY read paper on The influence OF saw
ings Banks on the Community.