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 Except a loaned book." 
 
 Avery Architectural and Fine Arts Library 
 Gift of Seymour B. Durst Old York Library 
 
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THE DELEGATES TO EDINBURGH 
 
 COL. ANDREW D. I5AIRD 
 
 VICE-PRESIDENT 
 
 MR. CORNELIUS H. TIEBOUT 
 
 VICE-PRESIDENT 
 
 A 
 
 i ■ 
 
 1 
 
 1 A 
 
 MR. WILLIAM F. BURNS 
 
 CASHIER 
 
 MR. HERBERT F. GUNNISON 
 
 TRUSTEE 
 
The Williamsburgh Savings Bank 
 
 OFFICERS 
 
 Vice-Presidents 
 
 Ezra B. Tuttle, President 
 
 Andrew D. Baird 
 
 Cornelius H. Tiebout 
 
 Samuel M. Meeker, Secretary 
 
 William F. Burns, Cashier 
 
 Charles T. Pasfield I 1 . M ^ 7 . 
 tt* \ t r Assistant Cashiers 
 
 Victor A. Lersner ' 
 
 TRUSTEES 
 
 Ezra B. Tuttle 
 Brainard G. Latimer 
 
 Andrew D. Baird 
 Cornelius H. Tiebout 
 Samuel M. Meeker 
 James R. Howe 
 John V. Jewell 
 James V. Post 
 
 James F. Bendernagel 
 Edward T. Horwill 
 Alfred Romer 
 Welding Ring 
 Herbert F. Gunnison 
 Francis W. Young 
 
 Paul E. Bonner 
 Edward E. Pearce 
 
 COUNSEL 
 S. M. & D. E. Meeker 
 
THE WILLIAM SBURGH SAVING BANK 
 
MR. EZRA B. TUTTLE 
 
 PRESIDENT 
 
By 
 
 CHARLES T. GREENE 
 
COPYRIGHT APPLIED FOR, 1910 
 WILLIAMS BURGH SAVINGS BANK OF BROOKLYN 
 N. Y M U. S. A. 
 
What We Owe to Daniel Defoe. 
 
 OF course, all of us know who Robinson Crusoe was, 
 and all of us have read or have heard of the wonder- 
 ful adventures he encountered during his seafaring 
 life. But how many of us know who Crusoe's father was? 
 
 If you have been delighted with the tale of Crusoe's excit- 
 ing career, you cannot help but be pleased with this little 
 biography of Crusoe's father, for that gentleman's career was 
 quite as exciting as his son's. 
 
 Now, this little booklet is not written in imitation of The 
 Life And Surprising Adventures of Robinson Crusoe. Many 
 have tried to imitate that fascinating romance and failed ere 
 this. In fact, this is not a romance at all; but a chronicle 
 of hard, cold facts. And you know that facts are often 
 stranger and certainly should be more edifying than fiction. 
 
 Crusoe's father — not his story-book father, but his real 
 father — was Daniel Defoe. Defoe it was, whose fertile 
 imagination conceived all the wonderful experiences and the 
 hair-breadth escapes of Crusoe, so that it may truthfully be 
 said that he was the real father of the man who has these 
 many years been every school-boy's hero. 
 
 Defoe was born in 1 66 1 — practically 250 years ago. He 
 was an Englishman and many of his enemies said that his 
 right name was Foe and that he put the De in front of it 
 because he was ashamed of his mother country. But that was 
 a libel, for Defoe served his country better than he served 
 himself or was served by it. When a young man he embarked 
 in business as a hosiery merchant and later as a tile merchant; 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 but both enterprises failed. He lost a great deal of money, 
 but later was able to pay all his bills as any honorable man 
 should. 
 
 After his disastrous adventures in business, he turned his 
 attention to writing tracts and articles for the newspapers of 
 London, and because in one tract he spoke his mind too freely, 
 he was promptly arrested and thrown into prison. Although 
 this was the climax of the evils that befel him, he did not allow 
 it to embitter his thoughts. Nor did he hold any grudge 
 against the authorities for his sad estate. Indeed, his forced 
 retirement behind prison walls gave him opportunity to do 
 his sovereign a real service, and, what is more to the point of 
 this story, an inestimable service to millions of his fellow- 
 creatures who have come after him. 
 
 If You Read a Little Further You Will 
 Find Something to Interest You. 
 
 That means that he has been of service to yon. But how? 
 you may ask. Read a little further and you shall learn ! 
 
 We are indebted to Defoe for many things besides the story 
 of Robinson Crusoe. While that may be the best known of 
 the products of his brain, it has not produced the material 
 advantages to us that some of his other things have. For 
 instance, it was he who first advocated the establishment of 
 academies for women. In his day, a great many men did not 
 believe in educating women, just as many men to-day do not 
 believe that women should be allowed to vote. 
 
WILLIAM SBURGH SAYINGS RANK 
 
 VIEW FROM WIIXIAMSBURGH BRIDGE 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 But Defoe was ahead of his time and were he alive to-day 
 he would still be ahead. On the question of women's rights, 
 Defoe wrote : 
 
 "I have often thought of it as one of the barbarous customs 
 in the world, considering us as a civilized and a Christian 
 country, that we deny the advantages of learning to women. 
 We reproach the sex every day with folly and impertinence, 
 while I am confident had they the advantages of education 
 equal to us, they would be guilty of less than ourselves." 
 
 We now have schools and colleges exclusively for girls and 
 young women, and every girl in the Girls' High School and 
 every young woman student in Packer, Smith, Vassar and 
 Wellesley and Bryn Mawr should pay homage to Defoe. 
 Men should, too, for the schools have given us better 
 mothers; better sisters, better sweethearts and better wives. 
 
 Defoe also was the first to propose that the bankruptcy laws 
 be modified, and now no one anywhere can be thrown into 
 prison for debt. He was the original "good roads" man; he 
 drew up a scheme for the establishment of the first mutual 
 marine insurance society, for a friendly society, and what is 
 of especial interest to you, he was the first to suggest the 
 establishment of a Savings Bank. 
 
 Defoe's Scheme to Banish Pauperism. 
 
 In 1689, when he was scarcely 28 years old, Defoe drafted 
 a scheme for the establishment of a pension office which, in 
 organization and purpose, was to be similar to our mutual 
 savings banks, with this difference, that the pension office 
 was to be run by the Government. 
 
The pension office of Defoe was to be a public benefaction, 
 while our savings banks of to-day are private benefactions. 
 His scheme was to have all the wage-earning citizens of a com- 
 munity to pool a certain amount of their weekly or monthly 
 earnings and place the pool at the disposal of the Government. 
 The latter was to pay interest, and any member of the pool 
 upon proper claim could draw out funds proportionate to his 
 deposits whenever he needed to tide over an emergency. Thus, 
 if he fell sick, or became disabled in the pursuit of his calling, 
 he could apply for a pension, and when he got old he could 
 retire from his labors and live on the income from his savings. 
 
 "I desire," said Defoe, in arguing for this scheme, "any 
 man to consider the present state of this Kingdom, and tell 
 me if all the people of England, old and young, rich and poor, 
 were to pay into one common bank four shillings per annum 
 a head, and that four shillings duly and honestly managed, 
 whether the overplus would not in all probability maintain all 
 that should be poor, and forever banish beggary and poverty 
 out of the kingdom?" 
 
 The idea of Defoe's pension office to many of us may at 
 first seem very remote from the idea upon which a savings 
 bank is founded; but if we pause a moment to think, we shall 
 soon come to see that a savings bank is not very different 
 from such a pension office after all. 
 
 Indeed, the purpose of the organizers of the New York 
 Institution for Savings, which was the first savings bank estab- 
 lished in this country, was to banish pauperism. They called 
 their organization at first "An Association for the Banishment 
 of Pauperism." 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 Of course, from our modern savings banks all the features 
 of Defoe's pension office scheme have been eliminated except 
 that which insures against penury and want in old age. 
 
 The Germans Were the First to 
 Adopt the Scheme. 
 
 The people were not as thrifty or as saving in Defoe's day 
 as they are now, and no one cared to take up his suggestion to 
 establish pension offices or friendly societies until long after 
 his death. In fact, it was not until 1765 that the original 
 ancestor of our modern savings banks was set up. The 
 Germans saw virtue in Defoe's scheme, and so after thinking 
 about it for fifty years or so, they established a savings bank 
 in Brunswick. This one proved so successful that others 
 sprang up in other parts of Germany and in Switzerland; 
 but it was not until 18 10 that a savings bank was actually 
 put into operation in Great Britain. 
 
 It is true that in 1797 Jeremy Bentham had revived Defoe's 
 scheme and, with some improvements, proposed the establish- 
 ment of frugality banks; but it was not until the Rev. Henry 
 Duncan, of Ruthwell, Scotland, became interested in the sav- 
 ings bank movement in 1 8 10 that the English-speaking people 
 were afforded a safe place in which to invest their small sav- 
 ings, and to pile up a surplus against the proverbial rainy day. 
 
 By the year 1 8 1 7, the movement had spread so rapidly and 
 so many institutions had been set up that the British Parlia- 
 ment passed laws to encourage the further development of fhe 
 movement. 
 
AN INTERIOR VIEW 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 The Beginning of Savings Banks 
 in the United States. 
 
 The United States was not far behind Great Britain in 
 recognizing the value of savings banks, and in 1 8 1 6 the first 
 American savings bank was organized in New York City, 
 though it seems that one had been actually opened in Phila- 
 delphia before the New York institution was really under 
 way. The first incorporated savings bank was opened in 
 Boston during the same year. 
 
 Since that year the savings bank movement in the United 
 States has grown to tremendous proportions. In 1820, four 
 years after the founding of the first bank, there were but ten 
 in the entire country. The depositors in these ten banks num- 
 bered but 8,635, and the deposits to but scarcely more than a 
 million dollars. To-day, according to the latest report of the 
 United States Monetary Commisson, there are 18,245 insti- 
 tutions in the country that solicit savings accounts; 14,894,696 
 savings depositors, and $5,678,735,379 in savings deposits. 
 
 The growth of the savings bank movement in the rest of 
 the world is also quite as remarkable. In all countries outside 
 of the United States there are 95,524,331 depositors whose 
 savings aggregate $9,710,936,635, and this vast sum 
 added to that representing the total savings of this country 
 makes a still greater and more incomprehensible sum — 
 $15,389,672,014. The total number of depositors in the 
 world is computed at 110,419,027. 
 
 Are yon one of these? 
 
The Williamsburgh Savings Bank of Brooklyn 
 
 Our Savings Are Our Best Friend. 
 
 BUT let us get down to particulars. Let us take the 
 growth and development of the strongest savings bank 
 in the world for an example. Glittering generalities 
 are often like grand stand plays; they fail of their 
 purpose. Our purpose is to convince you that there is not a 
 safer place in the world in which to put your money than a 
 savings bank, and the best savings bank to put your money 
 in is necessarily the strongest. 
 
 Why is a savings bank the safest place in the world to place 
 your savings in? 
 
 Because it has nothing to do with speculation nor get-rich- 
 quick schemes. 
 
 Man is the worst of all God's creatures to shift for himself. 
 Xo other animal is ever actually starved to death. Nature 
 without has provided them both food and clothes, and Nature 
 within has placed an instinct that never fails to direct them to 
 proper means for a supply; but man must either work or 
 starve, slave or die. He has indeed reason given him to 
 direct him, and few who follow the dictates of reason come 
 to such unhappy straits; but when, by the errors of a man's 
 youth, he has reduced himself to such a degree of distress as 
 to be absolutely without three things; money, friends and 
 health, he dies in a ditch or in some worse place. 
 
 Ten thousand ways there are to bring a man to this, and 
 but few to bring him out again. 
 
Robinson Crusoe s Father, the Projector of Savings Banks 
 
 If you resort to a system of saving your pennies when 
 young, you may avoid the ditch or worse place, or if you 
 stumble into the ditch, you may get out of it again by com- 
 mencing to save forthwith. 
 
 But beware of speculation and shortcuts to millions! 
 
 The Savings Bank Law of New York 
 is the Best Law Ever Devised. 
 
 In these days, especially since the light of publicity has 
 been thrown upon so many methods of finance and investment 
 resulting in disclosures that have been anything but indicative 
 of the inherent honesty of human nature, it is exceptional that 
 men will trust even a small sum to another. But despite these 
 sad discoveries and the sadder experience of "lambs" who 
 have been shorn, confidence in savings banks has remained 
 undisturbed — and deservedly so. 
 
 The law of the State of New York governing the adminis- 
 tration of savings banks is the best law that has ever been 
 devised. It is admittedly a model for all other states to 
 follow in the fashioning of similar laws. The law is so com- 
 prehensive that it covers every form of investment and antici- 
 pates every ingenuity of men anxious to reap greater returns 
 without stopping to consider the greater risk. 
 
 The savings banks of New York State are mutual institu- 
 tions. The depositors stand in the same relation to the 
 trustees as stockholders in a stock corporation stand to their 
 directors. They are the recipients of the profits made by the 
 
ROTUNDA FOR DEPOSITORS 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 hanks in the shape of compounded interest. Their trustees 
 work absolutely for nothing; they are not even allowed to 
 collect the ordinary fees for attending meetings. Their 
 reward is solely in that self-satisfaction which comes to any 
 man who is engaged in philanthropic work. 
 
 The officers and clerks are the only ones aside from the 
 depositors who derive an income from their operation. The 
 aggregate salaries paid to savings bank officials and clerks 
 during the year 1909 in the twenty-one savings banks of 
 Brooklyn amounted to but $497,769. This is a comparatively 
 insignificant amount when compared with the total amount of 
 money which is placed in their care — $228,029,166, accord- 
 ing to the last official report of the State Banking Department. 
 
 A Savings Bank Does Not Hoard 
 Money, But Invests It. 
 
 You may have the idea that the money you place in savings 
 banks is hoarded up behind the ponderous bolted doors of the 
 bank vaults. While a certain percentage is kept in the vaults 
 to meet the average requirements of depositors who desire to 
 withdraw their money, the bulk of deposits of savings banks 
 is invested in bonds and mortgages. The state law specifies 
 the kind of bonds that savings banks may buy and limits the 
 amount of money they can invest in mortgages. With the 
 exception of some of the money invested in bonds of other 
 states and cities and in selected railroad corporations, the 
 funds of the Brooklyn and other savings banks are invested in 
 properties and activities in their immediate neighborhoods. 
 
The Willi am sburgh Savings Rank of Brooklyn 
 
 Savings banks thus serve two purposes — to conserve and 
 invest profitably the funds of the man or the woman who 
 works for wages, and to lend aid in the development of the 
 communities in which they have been established. Thus every 
 savings bank depositor may feel a certain sense of pride in his 
 contemplation of the rapid increase of homes and other struc- 
 tures in his own city. For, it is by his aid alone that this 
 development has been made possible. 
 
 But we are still talking in general terms; now for the par- 
 ticular thing which the author of this little booklet desires to 
 bring to your attention! 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 The Williamsburgh Savings Bank is the 
 Strongest in America. 
 
 DO you know the Williamsburgh Savings Bank? It is 
 in the interest of this bank that this little booklet 
 has been written. The Williamsburgh Savings 
 Bank is one of the strongest savings banks in the 
 world. It is the strongest because the proportion between 
 its total resources and its surplus is represented by a greater 
 percentage than that of any other bank. 
 
 The surplus of a savings bank is the amount of money 
 which it has in excess of the total amount it owes to depositors. 
 Thus, if the Williamsburgh Savings Bank were to pay all its 
 debts to-day it would have left more than 13 per cent, of 
 its total resources. In other words, if all of its depositors 
 demanded their money, the bank could pay them and still 
 have $7,172,738 left. 
 
 No other savings bank in America has a greater percentage 
 of surplus than the Williamsburgh. 
 
 It has taken a long while to pile up this amount of money 
 and as it represents, in a way, a surety for the liquidation of 
 all debts at one hundred cents on the dollar, it is to the advan- 
 tage of any one who is seeking a place to put his savings to 
 choose an old bank. 
 
THE VATLT IX MAIN P.UILDING 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 Philanthropists Organized the Williamsburgh 
 Savings Bank. 
 
 The Williamsburgh Savings Bank was organized in 185 i 
 by a number of prominent citizens of the then city of Will- 
 iamsburgh. These citizens were philanthropists and looked 
 after the newly formed bank without compensation. The first 
 home of the bank was the basement of a church on the corner 
 of South Third and Fourth Streets, and in this respect was 
 launched under auspices similar to that of the first savings 
 bank of Scotland. For the first two years of its existence 
 business was conducted in this church basement and deposits 
 received every Monday, Wednesday and Saturday afternoon. 
 There were no cashiers, tellers or clerks in those days. The 
 trustees of the bank themselves attended to all the affairs of 
 the institution. 
 
 The necessary expenses of opening, including the cost of 
 furniture, books and stationery, advertising, rent, fuel and 
 other current expenses, were all earned and liquidated from 
 the profits of the first eighteen months of operation, and in 
 addition to this, the trustees were able to credit to depositors 
 their regular interest at the rate of six per cent, per annum. 
 
 During the third year of the bank's existence, the trustees 
 erected a banking house at the corner of South Third Street 
 and Bedford Avenue and moved into it on the thirtieth day of 
 January, 1854. This building is still standing and now houses 
 the Williamsburgh Hospital. The cost of the ground and 
 building was earned, over and above the interest credited to 
 depositors, by the end of the seventh year of operation. 
 
The Williamsburgh Savings Rank of Brooklyn 
 
 This structure remained the home of the bank until May 
 30, 1875, when its present monumental home at the corner 
 of Driggs Avenue and Broadway was opened for business. 
 This building was five years in course of construction. An 
 annex to it, almost as large as the original structure, was 
 completed in October, 1906. The enlarged building occupies 
 a plot of ground 130 by 100 feet. It is surmounted by a 
 dome whose graceful curves and exquisitely designed lantern 
 compare favorably with those of the capitol dome at Wash- 
 ington, with St. Paul's in London and St. Peter's in Rome. 
 
 The interior of the structure is spacious and palatial. The 
 interior of the dome is especially elaborate in design. The 
 apex of it is 1 10 feet above the level of the marble floor. 
 
 The History of the Williamsburgh Savings 
 Bank is the History of Success. 
 
 The history of the Williamsburgh Savings Bank is the 
 history of the success that comes to those who have a high 
 purpose in view and who go about to achieve that purpose 
 in a manly, upright and disinterested way. None but the 
 foremost men in the old city of Williamsburgh and in the 
 present Eastern District of Brooklyn have ever been identified 
 with the Williamsburgh Savings Bank, and the confidence 
 and trust which the public has placed in these men and in their 
 enterprise come as an honestly earned and justly merited 
 reward. 
 
 During its fifty-nine years the bank has never once been in 
 difficulties or suffered embarrassment, and public faith in it 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 has never been shaken. It has entered into the life of the 
 community, and by the aid it has extended to home builders 
 has done more than any one other agency to develop the com- 
 munity round about it. 
 
 The venerable John Broach, who was one of its first 
 cashiers, wrote in his annual report way back in 1868: 
 
 "The bank has made over 800 loans on bonds and mort- 
 gages amounting in the aggregate to about $2,500,000, of 
 which about $1,000,000 has been paid off, leaving about 
 $1,500,000 now invested in 500 mortgages remaining open. 
 
 "The loans have greatly aided in building up the district 
 in which the bank is located; many of them have been what 
 are termed 'building loans,' advanced as the building pro- 
 gressed. The amount advanced, however, has never been 
 permitted to exceed one-half the value of the property as it 
 stood at the time the advance was made. 
 
 "In this manner numerous dwellings and several churches 
 and manufactories have been added to the permanent improve- 
 ments of the eastern district of this city through the instru- 
 mentality of this bank, while at the same time it has paid 
 nearly $2,000,000 in interest to depositors upon moneys, 
 which, if they had remained in the individual possession and 
 management of the persons who placed them there, in the 
 sums in which they were deposited, would probably have 
 produced little or nothing in the way of interest. 
 
 "The growth of this bank has been steady and almost 
 unceasing, the year 1861, the first year of the Civil War, 
 being the only year in which the number of accounts closed 
 exceeded the number opened. The Bank has suffered no 
 
ENTRANCE TO NEW VAULT 
 
Robinson Crusoe' $ Father, the Projector of Savings Banks 
 
 embarrassment at any time. During the panics and revulsions 
 which have occurred in business and financial circles, since 
 its organization it has always been prepared for any emer- 
 gency which has arisen and has never made any sacrifice what- 
 ever to meet any demands upon it." 
 
 This report might just as well have been written yesterday, 
 for, as if prophetic of the future when written, it is true to- 
 day, in all but its figures. These have grown wonderfully 
 since then. 
 
 The present number of loans outstanding to the credit of 
 the bank is 5,1 83, amounting in the aggregate to $28,097,895, 
 or an average of $5,421 per single loan. The present number 
 of depositors is 99,438 and their savings total to $53,61 5,446. 
 It is only a question of a few more months when the depositors 
 will exceed the one hundred thousand mark. 
 
 More Than 12,000 New Depositors Put 
 Money in the Bank in 1909. 
 
 During the year 1909, 12,279 persons, representing prac- 
 tically every civilized country and every phase of religious 
 belief, opened accounts with the Williamsburgh Savings 
 Bank for the first time. Were you one of them? 
 
 Since the founding of the bank in 1851 the stupendous 
 sum of $679,573,358 has passed through it. In other words, 
 the total deposits for the fifty-nine years of its existence have 
 aggregated $345,177,094, and the total withdrawals to 
 $334,396,264. It has paid out in interest during these fifty- 
 nine years $42,835,757. 
 
The Williamsbnrgh Savings Bank of Brooklyn 
 
 Have yon gotten any of this money? 
 
 If you have not, you are that much poorer; but you may 
 begin to participate in the future distributions of dividends 
 by opening an account of your own now. 
 
 The Williamsburgh Savings Bank is a 
 Perfect Investment Machine. 
 
 That a savings bank, and the Williamsburgh Savings Bank 
 in particular, is the most highly developed investing machine 
 yet devised by man is an irrefutable fact. Greater sums of 
 money can be invested by savings banks with a consequent 
 greater aggregate return at a less expense than by any other 
 agency. The expenses of operating the Williamsburgh Sav- 
 ings Bank for the year 1 909 amounted to $181,830. The rate 
 of expense for each dollar of liabilities was little more than 
 a quarter of a cent; for each of the 99,438 persons who had 
 accounts in the bank, $1.82. In comparison with the com- 
 missions demanded by brokers and other banks employed in 
 the investment of capital this rate is ridiculously small and 
 inconsequential. 
 
Robinson Crusoe's Father, the Projector of Savings Banks 
 
 6E= 
 
 The Williamsburgh Savings Bank is the 
 Best Public Benevolence in Brooklyn. 
 
 The Williamsburgh and all mutual savings banks are 
 essentially philanthropic. They are operated for the sole 
 benefit of the depositors. As philanthropic enterprises they 
 are less costly and far more useful than any other kind of 
 benevolence. 
 
 The quarter of a cent per dollar which it cost the Williams- 
 burgh Savings Bank during the year 1909 to receive and 
 disburse its $53,615,446 of deposits stands out in bold con- 
 trast to the 40 and 50 cents per dollar it usually costs to 
 conduct other philanthropies. 
 
 But savings bank philanthropy, while cheaper than any 
 other, is also better and truer, for it is a philanthropy that 
 teaches people to help themselves. 
 
 It is the highest form of self help and in the words of old 
 Daniel Defoe, about whom we talked in the early part of 
 this booklet, we may exclaim: 
 
 "For who, indeed, would ever pity that man in his distress 
 who, at the expense of two pots of beer a month, ought to 
 have prevented it and would not spare it?" 
 
 We have appended to this little treatise a series of tables 
 which will show you at a glance the development and growth 
 of the Williamsburgh Savings Bank. You should open an 
 account to-day. It is not necessary that you live in the vicinity 
 of the bank or in Brooklyn. You can open an account by 
 mail. Write for further particulars. 
 
ROOM OF THK HOARD OF TRUSTEES 
 
Robinson Crusoe* s Father, the Founder of Savings Banks 
 
 I. 
 
 Table Showing the Deposits and Drafts of the 
 wllliamsburgh savings bank by decades. 
 
 185 1-62 
 1862-72 
 I 872-82 
 1882-92 
 I 892-1902 
 I902-I91O 
 
 Total 
 
 Deposits. 
 
 $5,902,602 
 26,086,072 
 42,932,713 
 
 8i,9°5,359 
 86,526,574 
 
 101,823,774 
 
 Drafts. 
 
 $4,404, 13 6 « 
 21,940,63 1 
 39,720,115, 
 78,601,717. 
 86,895,609, 
 102,834,056, 
 
 $345, 1 77,094. $334,39 6 > 2 64- 
 
 II. 
 
 Table Showing the Growth in the Number of Open 
 Accounts and in the Amount on Deposit 
 at Ten Year Intervals. 
 
 
 No. of Accounts. 
 
 Due Depositors. 
 
 1862 
 
 10,287 
 
 $1,916,041. 
 
 1872 
 
 19,977 
 
 8,941,769. 
 
 1882 
 
 42,459 
 
 18,384,053. 
 
 1 892 
 
 71,870 
 
 30,175,650. 
 
 1902 
 
 88,923 
 
 41,254,024. 
 
 19 10 
 
 99,438 
 
 53,615,446. 
 
The Wtlliamsburgh Savings Bank of Brooklyn 
 
 III. 
 
 Table Showing the Growth in Amount and the 
 Percentage of Surplus and Dividends at 
 Ten Year Intervals. 
 
 Dividends. 
 
 
 Surplus. 
 
 Rate 
 
 
 Amount. 
 
 Per Cent. 
 
 1862 
 
 $68,325. 
 
 3-56 
 
 1872 
 
 790,164. 
 
 8.84 
 
 1882 
 
 1,482,527. 
 
 8.06 
 
 1892 
 
 3^41,259. 
 
 10.41 
 
 1902 
 
 3,631,809. 
 
 8.80 
 
 19 10 
 
 7 ? i7 2 .738* 
 
 13.38 
 
 Amount. 
 
 Rate Per Cent. 
 
 $484,796. 
 
 6 
 
 3,289,794. 
 
 8 
 
 6,398,799- 
 
 6 and 5 
 
 8,793.183. 
 
 4 
 
 11,178,063. 
 
 3 l / 2 and 4 
 
 12,691,122. 
 
 3 l / 2 and 4 
 
 $42,835,757. Total. 
 
 New t Accounts for Year 
 
 United States 6,930 
 
 Germany 2,073 
 
 Italy 851 
 
 Russia 767 
 
 Ireland 594 
 
 Great Britain 264 
 
 Austria-Hungary .... 450 
 
 1909 as to Nationalities. 
 
 Scandinavia 99 
 
 Other European .... 154 
 
 Asia 20 
 
 English Colonies .... 72 
 
 Sundry Locations .... 5 
 
 Total 1 2,279 
 
15RONZE TAl'LET 
 
The Williamsburgh Savings Bank of Brookly 
 
 THE WILLIAMSBURGH SAVINGS BANK 
 Brooklyn, New York. 
 
 Annual Statement, January i, 19 10. 
 
 RESOURCES 
 
 Bonds and Mortgages $ 
 
 United States Bonds 
 
 New York State Bonds 
 
 Massachusetts State Bonds 
 
 Bonds of Cities in this State 
 
 Bonds of Counties in this State . . . 
 Bonds of Towns in this State. . . . 
 Bonds of Villages in this State . . . 
 Bonds of Cities in other States. . . 
 
 Railroad Mortgage Bonds 
 
 Banking House 
 
 Other Real Estate 
 
 Other Assets 
 
 Interest Due and Accrued 
 
 Cash 
 
 28,097,895 .00 
 1,500,000 . 00 
 1,100,000 .00 
 429,000 . 00 
 
 i5>365»582.39 
 63,000 .00 
 
 18,000.00 
 
 1 80,000 . 00 
 
 7,569,700.00 
 
 2,2 10,000 . 00 
 
 250,000 .00 
 
 4,000 . 00 
 
 1,109 .32 
 
 596,715.00 
 
 3>439>456.42 
 
 $60,824,458 . 13 
 
 LIABILITIES 
 
 Deposits $53,61 5,446 . 66 
 
 Surplus at par 7,209,011.47 
 
 $60,824,458 . 13 
 
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