New Britain herald., 1914-05-05
ANNUAL ACCOUNTING OF FINANCE BOARD
Report Shows Disposal Of Cty's
 Investments During Past Year.

Copies of the annual report of the board of finance and taxation have been filed with City Clerk A. L.. Thompson by President Frederick S. Chamberlain. The report is com prehensive accounting of the manner in which municipal money has been invested during the past year. In part, it is as follows:
 The board of finance and taxation respectfully reports that there have been deposited in the different sinking funds of the city during the past year the following sums: By the water commissioners for deposit in the sink ing fund for redemption of water bonds, $35,000; and there was de- posted sefom appropriations by the city $1SGO0 for the redemption of sewer bonds, $5,000 for the redemp- tion of school bonds, $2,0O0 for the redemption of street bonds and $2,000 for the redemption of municipal building bonds. There have been no withdrawals from the funds during the past year and the securities in the different funds are as follows:
 Sinking fund for the redemption of water bonds-Deposit in the Saw ings Bank of New Britain. $11,15792, Burritt Savings Bank, s6,987.S5, Peo- ples Savings Bank, $2,963.99, rity Savings Bank of Meriden, $41S.16, First National Bank of Plainville, $949.40, certificate of deposit in New Britain National Bank $949.1O, New Britain As due 1918 $55,0O0, New Britain 1-2s due 1918 $1O,OO0, New Bedford Registered As due 1918 $1O,- 900, Fall River Registered As due 1918, $1O,00O, Holyoke Registered As due 1918, $1,00O, Boston and Prov idence As due 1918 $14,O0O, City of Bridgeport 1-2s due 1918 $9,0OO, total $132,424.42.
 Sinking fund for the redemption of sewer bonds-Deposit in the Bur- ritt Savings Bank, 11,S16.42; Savings Bank sof New Britain, $22,836.51: Mechanics Savings Bank, Winsted, $1,- 947.12; Deep River Savings Bank $659.64; Bristol Savings Bank, $2,- 75S.96; Pennington Savings Bank, s1,- 951.31; Manchester Savings Bank, $1,- 155.50; Peoples Savings Bank, New Britain, $2,220.73; Certificate of De- posit, New Britain National Bank, $636.74; New Britain, As due 1918, $59,OOO.00; New Britain, 3 1-2s due 1924, $9,000; Town of Manchester. As uuo ISlo, $0,UUV, ClIy or IdunIOn, IS due 1918, $6,OO0; City of Minneapolis, As due 1918, $3,00O; City of Dayton, 5s due, 1918, $2,ooo; total, $129,9s2.ss
 Sinking fund for the redemption of street bonds-Deposit in the Burritt Savings Bank, $3,e99.16 Savings Bank of New Britain, $4,862.33; State Saw ings Bank, Hartford, $I,013.33: City of New Britain, As due 1925, $3,OOO; total, $12,574.S2.
 Sinking fund for the redemption of park bonds-Deposit in the Burritt Savings Bank, $5,S23.1O; Pennington Savings Bank, $4,59S.92: City Savings Bank, Meriden, $693.10: Mechanics Savings Bank, Hartford, $3,69712; Society for Savings, Hartford, $7,4S9.- 10; Savings of New Britain, $15,923.- 25; City of New Britain As of 1924, $l1,O00; total, $49,224.59.
 Sinking fund for the Redemption of school bonds-$19, 9,424.90; sinking fund for redemption of municipal building bonds, $2.O3O.O0."
 The report shows that there is $s,- S13.26 of the police pension fund and $5.506.71 of the firemen's relief fund in the hands of the board These funds are deposited in the Savings Bank of New Britain and the Burritt Savings bank