USA > Massachusetts > Middlesex County > Arlington > Town of Arlington annual report 1943 > Part 8
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14,717.28
Arlmont Village Water Extensions-Apple- ton St.
59.04
59.04
0.00
59.04
Water Main Supply Line-Turkey Hill Standpipe
29,483.73
29,483.73
18,333.54
11,150.19
Cemetery :
Personal Services-Including Wages
21,068.00
21,082.00
21,076.82
5.18
Expense
2,540.00
7,244.75
2,252.43
4,992.32
Acquisition of Land for Cemetery
130.20
130.20
0.00
130.20
Cemetery-Improvement of Land
1,435.00
5,700.00
16,570.00|
16,272.52
297.48
Purchase of Burial Rights
1,000.00
1,000.00
212.00
788.00
Interest
12,500.00
12,500.00
10,653.97
1,846.03
Town Debt
63,000.00
63,000.00
63,000.00
0.00
$256,132.25 |$2,314,784.80 | $23,878.93 | $2,594,795.98 |$2,122,224.54
$95,769.16 | $376,802.28
.
...
.
..
.
.
282.55
282.55
0.00
Relaying Reservoir Water Mains
509.00
422.73
86.27
Replacement of Meters
.
..
1,435.00
467.40
967.60
Land for Extension of Mt. Pleasant Ceme- tery
10,870.00
. .
. .
TOWN ACCOUNTANT'S REPORT
137
100.00
Conversion of Heating Systems
3,979.88
Hurricane Damage Emergency Fund
4,716.83
100.00
0.00 17,280.56
Printing Town Reports
931.32
14.00 4,704.75
Adm. Expense
.
138
ARLINGTON TOWN REPORT
RECEIPTS-1943
TAXES :
Current Year :
Real Estate
$1,563,214.59
Personal
94,104.00
Poll
20,768.00
Previous Years :
Real Estate
187,575.21
Personal
1,099.32
Poll
120.00
Tax Title Redemptions
15,032.82
From the State :
Corporation Tax
86,197.04
Income Tax
199,786.67
Total Taxes
....... $2,167,897.65
LICENSES AND PERMITS :
Licenses :
Junk
$156.00
Pedlers
100.00
Milk
77.00
Bicycles
156.75
All others
1,429.50
Permits :
Marriage .........
830.00
All others
1,020.75
........
Total Licenses and Permits ............... 3,770.00
Forward $2,171,667.65
139
TOWN ACCOUNTANT'S REPORT
140
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,171,667.65
FINES AND FORFEITS :
Court Fines
$1,065.45
Total Fines and Forfeits 1,065.45
GRANTS AND GIFTS :
Grants from Federal Gov-
ernment for Expenses
Old Age Assistance 88,842.06
Aid to Dependent Chil- dren 12,973.42
Grants from other civil divi- sions
Vocational Education
English Speaking Classes
From State, Highways
Meal Tax
5,057.63
From County, Dog Li-
censes
3,322.28
Total Grants and Gifts
111,260.84
SPECIAL ASSESSMENTS:
Moth
$825.40
Sewers
3,841.30
Sidewalks
3,269.13
Street Betterments
30,123.90
Total Special Assessments ...... 38,059.73
PRIVILEGES :
Motor Vehicle Excise Tax ... 58,810.05
Total Privileges ...
58,810.05
Forward $2,379,798.27
141
TOWN ACCOUNTANT'S REPORT
142
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,379,798.27
DEPARTMENTAL:
General Government:
Selectmen :
Hearings, Advertising, etc.
34.60
Treasurer-Costs
197.26
Collector-Lien fees and
costs
2,255.01
General Government, for-
ward ... ..... .......... 2,486.87
Forward $2,379,798.27
143
TOWN ACCOUNTANT'S REPORT
PAYMENTS
DEPARTMENTAL:
General Government:
Finance Committee :
Personal Services
$900.00
Expense
...
379.79
Various Committee Expense
34.55
Selectmen :
Salary of Board
1,996.77
Other Personal Services
4,269.34
Hearings, Advertising, Printing
84.08
Printing Town Warrant
224.50
Other Expense
886.11
Accountant :
Personal Services
5,231.51
Expenses
317.87
State Charges
103.49
Treasurer-Collector :
Personal Services
13,165.55
Expense
3,119.10
Fidelity Bonds
1,095.00
Assessors :
Salary of Board
3,600.00
Other Personal Services
6,479.35
Expense
2,020.31
General Government forward
$43,907.32
144
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,379,798.27
General Government, for-
ward
2,486.87
Town Clerk Fees
1,860.66
Engineering Fees
211.00
Board of Appeal
60.00
Town Hall-Rental
1,505.25
Town Hall Miscellaneous
3.25
Elections and Town Meetings
59.97
Miscellaneous
30.50
Total General Government 6,217.50
Forward $2,386,015.77
145
TOWN ACCOUNTANT'S REPORT
PAYMENTS
General Government forward
$43,907.32
Other Finance Accounts:
Printing & Certifying Bonds & Notes
4.00
Law Department :
Town Counsel-Salary and Fees
5,044.69
Town Counsel-Expense
123.85
Investigation Symmes Hospital Cases
2,037.00
Other Attorney's Fees
350.00
Town Clerk:
Personal Services
5,808.34
Expense
465.85
Fidelity Bonds
11.25
Public Works:
Salary of Board
2,000.00
Other Personal Services
1,013.02
Expense
132.71
Board of Survey :
Personal Services
1,530.01
Expense
151.13
Planning Board :
Expense
159.90
Engineering:
Salary Town Engineer
3,900.00
Other Personal Services
15,706.83
Expense
2,161.26
Elections and Town Meetings :
Personal Services
4,071.33
Expense
2,785.20
Board of Appeal:
Expense
106.14
Other General
Government Department
Expense :
Town Hall :
Personal Services
5,971.73
Fuel and Lighting
3,214.94
Repairs and Other Maintenance 2,307.81
Maintenance of Grounds
2,968.38
Total General Government $105,932.69
Forward $105,932.69
146
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,386,015.77
PROTECTION OF PERSONS AND PROPERTY :
Police-Radio Service
$525.00
Police-Miscellaneous
78.40
County-Dog Officer
571.00
Fire Miscellaneous
13.63
Sealer of Weights and
Measures
180.91
Gypsy Moth
52.15
Tree Warden
14.50
Total Protection of Persons and Property 1,435.59
Forward $2,387,451.36
TOWN ACCOUNTANT'S REPORT
147
PAYMENTS
Forward $105,932.69
PROTECTION OF PERSONS AND PROPERTY :
Police:
Personal Services
$118,642.40
Equipment and Repairs
6,900.93
Fuel and Lighting
2,256.37
Maintenance Building & Grounds
604.04
Radio Equipment and Maintenance
880.36
Other Expense
3,407.82
Fire :
Personal Services
121,992.00
Equipment and Repairs
3,893.30
Fuel and Lighting
3,220.43
Maintenance Building and Grounds
611.91
Other Expense
1,456.16
Fire and Police Signal System:
Maintenance and Expense .... 3,781.34
Inspection :
Building Inspector:
Salary of Inspector
2,800.00
Other Personal Services
4,315.00
Expense
477.60
Wire Inspector:
Salary of Inspector
2,800.00
Expense
470.97
Sealer of Weights and Measures:
Salary of Sealer
2,000.00
Expense
272.18
Protection of Persons and
Property forward
$280,782.81
Forward $105,932.69
148
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,387,451.36
HEALTH AND SANITATION :
Health :
Contagious Diseases .....
$10,693.08
Dental Clinic
363.50
Miscellaneous
72.90
Health and Sanitation
forward
......
$11,129.48
Forward $2,387,451.36
149
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward
$105,932.69
Protection of Persons and
Property forward $280,782.81
FORESTRY :
Insect Pest Extermination :
Salary Superintendent
2,230.00
Other Personal Services
3,095.81
Expense
2,310.92
Planting and Trimming Trees :
Salary Tree Warden
400.00
Other Personal Services
4,199.88
Trees and Loam
950.00
Other Expense
562.25
Dog Officer
1,346.86
Total Protection of Persons and Property $295,878.53
HEALTH AND SANITATION:
Health :
Salary of Board
750.00
Other Personal Services
3,818.33
Office Maintenance and Expense
261.22
Auto Maintenance
437.53
Physicians Salary
300.00
Dental Clinic-Salary of Dentist
1,220.00
Dental Clinic-Expense
78.38
Nurse and Dental Assistant
1,700.00
Bacteriologist-Salary
400.00
Laboratory and Dispensary Expense
19.50
Abatement of Nuisance-Spy Pond ..
38.33
Contagious Diseases
16,464.96
County Hospital Assessment
16,248.42
Vital Statistics
298.84
INSPECTION :
School Nurse and Physicians
7,369.99
Inspector of Animals
500.00
Inspector of Slaughtering
100.00
Milk Inspection Expense
135.00
Smoke Nuisance
833.12
Health and Sanitation forward .... $50,973.62
Forward $401,811.22
150
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,387,451.36
Health and Sanitation forward
$11,129.48
SANITATION
Sewers-Miscellaneous
146.49
Refuse and Garbage Disposal
7,200.00
Sale of Ashes and Rubbish Tickets
712.00
Total Health and Sanitation 19,187.97 ......
HIGHWAYS:
General
$308.01
Snow and Ice Removal
126.38
From State-Chapter 90 ...
1,178.61
From County-Chapter 90
1,178.61
Total Highways
2,791.61
CHARITIES :
Reimbursement for Relief Given :
Welfare Aid-Individuals ...
$29.00
Welfare Aid-Cities and Towns
2,185.35
Welfare Aid-State
8,228.75
Aid to D. C .- State
24,268.43
Old Age Assistance :
Individuals
470.80
Other Cities and Towns
4,356.01
State
81,212.00
Total Charities
120,750.34
SOLDIERS' BENEFITS :
State Aid
$1,170.00
Military Aid
15.00
War Allowance
780.00
Burials
200.00
Total Soldiers' Benefits 2,165.00
Forward $2,532,346.28
151
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward $401,811.22
Health and Sanitation forward .... $50,973.62
SANITATION :
Sewer Maintenance and Operation
6,500.07
Metropolitan Sewer Maintenance
27,892.89
Sewer Construction
2,049.20
Storm Drains
5,030.78
Refuse and Garbage Disposal
104,947.22
Street Cleaning
17,833.54
Total Health and Sanitation
215,227.32
HIGHWAYS:
General Administration-Salaries and
Expense
4,010.07
Maintenance Labor and Material
63,819.62
Equipment
4,250.00
Construction New Streets
5,097.57
Reconstruction New Streets
3,946.64
Sidewalks and Curbstones
8,680.14
Snow and Ice Removal
30,705.71
Street Lighting
50,877.27
Street Signs
3,099.19
Traffic Signs and Guides (Police)
5,406.54
Total Highways
179.892.75
CHARITIES :
Welfare:
General Administration-Salaries and Expense
9,904.46
Aid
45,116.99
Aid to Dependent Children:
General Administration-Salaries and Expense
4,505.17
Aid to Dependent Children
46,759.55
Old Age:
General Administration-Salaries and
Expense
9,508.38
Assistance
193,893.68
Town Physician
600.00
Visiting Nurses
2,000.00
Total Charities
312,288.23
SOLDIERS BENEFITS:
Soldiers' Relief and Burials
7,861.72
State Aid
515.00
Military Aid
405.00
Hospital Care
180.00
Total Soldiers Benefits
8,961.72
Forward $1,118,181.24
152
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,532,346.28
SCHOOLS:
Tuition and Transportation State Wards
4,946.19
Other Tuition
400.69
Rental of Schools
325.00
Miscellaneous
781.63
Total Schools 6,453.51
Forward $2,538,799.79
153
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward $1,118,181.24
SCHOOLS:
General Control :
Superintendent's Salary
$5,500.00
Other Salaries
10,705.00
Expense
1,009.60
Instructional Service :
Teachers and Others
461,851.02
Clerks to Principals
6,878.89
Expense
991.32
Supplies
28,294.47
Operation of Plant :
Janitors and Helpers
46,071.32
Material and Expense
38,527.23
Maintenance of Plant:
Repairman
12,232.07
Repairs and Replacements
10,583.30
Expense
1,646.07
Auxiliary Agencies :
Librarian
975.00
Expense
488.44
Capital Outlay :
Furnishings and Equipment
581.40
Instructional Apparatus
550.08
Remodeling and Construction
1,498.26
Miscellaneous :
Roof Repairs
42.30
Pratt High School Fund Income
311.24
Russell and Cutter School Fund Income
195.32
Vocational Tuition
3,900.75
Total Schools
632,833.08
Forward $1,751,014.32
154
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,538,799.79
LIBRARIES :
Fines
$2,232.13
Miscellaneous
119.45
Total Libraries .....
2,351.58
Forward $2,541,151.37
155
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward $1,751,014.32
LIBRARIES:
Personal Services
19,228.35
Books and Periodicals
.....
6,274.54
Bindery Expense
2,008.31
Fuel and Lighting
2,327.83
Building and Grounds
473.59
Telephone
221.10
Other Expense
1,421.05
Library Trust Funds Income Expense
73.32
Total Libraries
32,028.09
RECREATION :
Parks:
Personal Services
12,514.62
Other Expense
2,925.32
State Assessment
Metropolitan Park
Maintenance
11,470.68
Playgrounds :
Peirce Playground
1,599.03
North Union Street Playground and Improvement
1,594.43
Florence Avenue Playground
7,515.93
Other Playgrounds Improvements
474.56
Personal Services and Expense
6,940.18
Equipment
782.70
CELEBRATIONS:
Patriots Day
113.85
July 4th
10.00
Total Recreations
45,941.30
PENSIONS:
Various Departments :
Police
2,190.00
Fire
6,153.75
Highway
4,107.48
Total Pensions 12,451.23
Forward $1,841,434.94
156
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,541,151.37
UNCLASSIFIED :
Menotomy Hall Rentals ...... $1,612.80
Rentals Other Town Prop- erty
192.00
Symmes Hospital Claims- Refunds
2,748.55
Miscellaneous
258.66
Sale of Tax Possessions
Property
1,099.00
Sale of Tin Cans and Scrap Iron, etc. 961.49
Rebates on Insurance Pre-
mium
1,663.80
Total Unclassified
8,536.30
PUBLIC SERVICE ENTERPRISES :
Income from Sale of Water
184,222.45
Miscellaneous 2,274.54
House Connections
167.55
Total Public Service Enterprises .......... 186,664.54
Forward $2,736,352.21
157
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward $1,841,434.94
UNCLASSIFIED :
Damages to Persons and Property
1,187.75
Memorial Day
854.32
Town Clock Maintenance
19.13
Menotomy Hall Maintenance
2,095.16
Town Owned Houses Maintenance
2,441.32
Insurance
13,688.58
Workmen's Compensation
5,425.12
Printing Town Reports
931.32
Recording Tax Titles
Recording & Foreclosure Tax Title Property
100.98
Symmes Hospital Claims
6,515.30
W. P. A. - Unemployment - Wages and Material
1,642.33
Rental of Quarters - V. F. W.
400.00
Charles River Basin - Maintenance
3,403.06
Metropolitan District Expense
139.92
Boston Elevated Rental Deficiency
3,774.89
Examination Retirement System
193.20
Preservation of Health & Protection of Persons and Property 7,012.71
Arlington Rationing Board
1,058.66
Registration and Operation of Bicycles
121.10
Conversion of Heating Systems
17,280.56
Study of Salaries and Wages
750.00
Extra Compensation paid to Town
Employees
156,455.54
Total Unclassified
225,490.95
PUBLIC SERVICE ENTERPRISES :
Water Maintenance and Operation:
Personal Services and Wages
38,168.04
Material and Expense
19,702.39
Construction :
Personal Services
2,420.78
Material and Expense
30,203.85
State Assessment:
Metropolitan Water Maintenance
32,529.06
Total Public Service Enterprises 123,024.12
Forward $2,189,950.01
158
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,736,352.21
CEMETERIES :
Sale of Lots and Graves
$8,860.00
Care Lots and Graves (An-
nual Care, Opening Graves, Foundations)
9,205.25
Care of Endowed Lots (Inter-
est on Funds)
4,599.09
Sale of Junk
286.57
Rental of Property
87.32
Miscellaneous
1,740.10
Total Cemeteries
24,778.33
INTEREST :
Bank Deposits
$925.53
Deferred Taxes
6,078.58
Special Assessments
5,551.39
Sinking and Investment Funds
606.03
1,476.63
Contributory Retirement
4,214.18
Public Trust Funds :
Charity
380.59
Schools
1,220.34
Library
3,127.45
Cemetery-General Care
...
149.80
Total Interest 23,730.52
MUNICIPAL INDEBTEDNESS :
Anticipation Revenue Loans $100,000.00
Accounts Payable 8,490.38
Total Municipal Indebtedness 108,490.38
TRANSFER BY TOWN TO SPECIAL FUNDS:
Contributory Retirement ... $28,764.67
Total Transfer ...
28,764.67
Forward $2,922,116.11
TOWN ACCOUNTANT'S REPORT
159
PAYMENTS
Forward $2,189,950.01
CEMETERIES :
Superintendent's Salary
3,130.00
Other Personal Services
1,252.00
Wages
16,694.82
Office Maintenance
501.79
Other Maintenance and Supplies
1,330.41
Grading and Improvements
887.63
Purchase of Land
16,484.52
Total Cemeteries
40,281.17
INTEREST :
Anticipation of Revenue
137.72
Police Station
320.00
Fire Station
120.00
School Buildings
9,476.25
Parks
600.00
Metropolitan Requirements :
Sewers
5,808.85
Parks
1,786.90
Water
25,530.94
Charles River Basin
1,855.60
Total Interest
45,636.26
MUNICIPAL INDEBTEDNESS :
Loans on Bonds :
Anticipation Revenue
100,000.00
Police Station
2,000.00
Fire Station
3,000.00
School Houses
58,000.00
Municial Indebtedness forward .... $163,000.00
Forward $2,275,867.44
160
ARLINGTON TOWN REPORT
RECEIPTS
Forward $2,922,116.11
AGENCY, TRUSTS AND INVESTMENTS :
Perpetual Care Funds
11,467.00
Public Trust Funds :
Securities Matured and
Sold
40,060.73
Gain on Securities
499.77
Contributory Retirement ... Contributions
14,901.82
Bequest
....... ....... ..
2,100.00
Special Funds :
Special Service Deposits ...
782.16
Dog Licenses-County ......
4,031.60
Sporting Licenses-State
1,108.00
Newsboy Badges Deposits
13.25
Tailings
56.80
Withholding and Victory Tax
91,418.58
Old Age Reimbursement . ...
500.00
Total Agency, Trust and Investment Transactions
166,939.71
CASH BALANCE JANUARY 1, 1943
General
645,565.03
Sinking and Special Funds
28,790.71
Perpetual Care Funds
126,982.66
Other Public Trust Funds
120,926.68
Contributory Retirement Fund
93,647.27
Private Trust Funds
2,167.43
Total Cash Balance $1,018,079.78
Grand Total Receipts and Cash on Hand $4,107,135.60
161
TOWN ACCOUNTANT'S REPORT
PAYMENTS
Forward $2,275,867.44
Municipal Indebtedness forward $163,000.00
METROPOLITAN REQUIREMENTS:
Sewers
16,625.84
Parks
1,337.16
Water
27,525.58
Charles River Basin
179.89
Accounts Payable
10,615.19
Total Municipal Indebtedness 219,283.66
SINKING AND INVESTMENT FUNDS:
Contributory Retirement Transferred .. 28,764.67
U. S. Bonds Purchased
150,000.00
Total Sinking & Investment Funds 178,764.67
AGENCY AND TRUST TRANSACTIONS:
Agency :
State Tax
46,800.00
State Sporting Licenses
1,032.50
County Tax
70,254.70
County Dog Tax
4,125.20
Victory and Withholding Tax
91,418.58
Trust Funds :
Trust Fund Purchases
118,400.00
Trust Fund Premium, Expense,
Accrued Interest
23,271.31
Special Service Deposits Refunded
88.43
Special Service Deposits Transferred to Income
425.06
Tailings Previous Years
10.75
Newsboy Badges Refunded
6.00
Total Agency and Trust Transactions 355,832.53
CASH BALANCE DECEMBER 31, 1943
General
738,369.61
Sinking and Special Funds
32,538.02
Perpetual Care Funds
108,345.88
Other Public Trust Funds
105,137.70
Private Trust Funds
1,362.89
Contributory Retirement Funds
91,633.20
Total Cash Balance
1,077,387.30
Grand Total Payments and Cash on Hand .. $4,107,135.60
162
ARLINGTON TOWN REPORT
BORROWING CAPACITY
Assessors Valuation :
December 31, 1943:
1941 Tax
$60,931,304.00
1942 Tax
58,044,618.00
1943 Tax
57,076,350.00
$176,052,272.00
Average Valuation ... 58,684,091.00
3% of Average Valuation
$1,760,522.00
Town Debt:
Dec. 31, 1943
$201,000.00
Less Loans Exempt :
Park 15,000.00 186,000.00
Borrowing Capacity December 31, 1943
$1,574,522.00
TRUST AND INVESTMENT FUNDS
163
REPORTS OF TRUST AND INVESTMENT FUNDS SINKING FUND
1943
Receipts
Fund, December 31, 1942 ..... ..... $13,985.64
Interest on :
Arlington 5c Savings Bank
102.79
Suffolk Savings Bank
55.81
$ 14,144.24
Investments
Arlington 5c Savings Bank Book
14554
10,382.22
Suffolk Savings Bank Book 566019 3,762.02
$ 14,144.24
HARRIE H. DADMUN ROY B. CROSBY
Commissioners
J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant
164
ARLINGTON TOWN REPORT
MUNICIPAL BUILDINGS INSURANCE FUND 1943
Fund and Accumulated Income, January 1,
1943 ................ $ 86,742.65
Receipts
Interest on :
U. S. Treas. 21/2% Bonds 150.00
U. S. Treas. 13/4% Bonds 638.47
U. S. Treas. 2% Bonds
166.30
U. S. Treas. 78% Bonds
16.23
U. S. Treas. 17/8% Bonds
20.20
Arlington 5c Savings Bank, Book 40412 244.18
1,235.38
U. S. Savings Bonds Increased
400.00
Premium on sale of bonds
94.83
$ 88,472.86
Payments
Box rent 10.00
Fund, December 31, 1943 $ 88,462.86
Investment Transactions in 1943
Investments, January 1, 1943 $86,742.65
Purchased U. S. Treas. 2% Bonds, 52/50 20,000.00
Purchased U. S. Treas. 17/8% Bonds, 1944
5,000.00
U. S. Savings Bonds increased, April 1939 200.00
165
TRUST AND INVESTMENT FUNDS
U. S. Savings Bonds increased,
January 1940
200.00
Deposited in Arlington 5c Savings Bank 1,320.21
113,462.86
Sold U. S. Treas. 78% Bonds, 1943 5,000.00
Sold U. S. Treas. 13/4% Bonds, 1948 20,000.00
25,000.00
$ 88,462.86
Investments
U. S. Treasury 21/2% Bonds 52/54 6,000.00
U. S. Treasury 2% Bonds, 50/52 20,000.00
U. S. Treasury 17/8% Bonds 1944 5,000.00
U. S. Treasury 13/4% Bonds, 1948 28,000.00
U. S. Savings Bonds 1949 8,300.00
U. S. Savings Bonds 1950 8,100.00
Arlington 5c Savings Bank, Book 40412 13,062.86
$ 88,462.86
HARRIE H. DADMUN ROY B. CROSBY Commissioners
J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant
166
ARLINGTON TOWN REPORT
WORKMEN'S COMPENSATION INSURANCE FUND
1943
Principal of Fund and Accumulated Income January 1, 1943
$3,062.42
Receipts
Appropriation at Annual Town
Meeting®
$7,000.00
Interest on :
U. S. Treasury 7/8%
Bonds
$44.18
Menotomy Trust Co. Sav.
Dept.
38.47
82.65
Premium on Sale of Bond 4.94
7,087.59
$10,150.01
Payments
Paid Town for Disbursements 5,425.12
$ 4,724.89
Investment Transaction in 1943
Purchased U. S. Treasury 7/8% Bonds, 1944 7,000.00
$11,724.89
Sold U. S. Treasury 7/8% Bonds, 1944
7,000.00
$ 4,724.89
Investments Menotomy Trust Co. Savings Dept. Book 1686 ... $ 4,724.89
HARRIE H. DADMUN ROY B. CROSBY
Commissioners
J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant
167
TRUST AND INVESTMENT FUNDS
CONTRIBUTORY RETIREMENT SYSTEM 1943
Balance, January 1, 1943
$161,647.27
Contributions
14,901.82
Interest on bank deposits
1,998.18
Interest on investments
2,216.00
Appropriation
28,764.67
$209,527.94
Expenditures
Pensions
16,251.58
Refunds
2,854.38
Expenses
788.78
19,894.74
Balance December 31, 1943 ..... ........ $189,633.20
Investments
Andover Savings Bank ...
2,140.70
Arlington 5c Savings Bank ...
1,802.40
Belmont Savings Bank
307.85
Boston Penny Savings Bank
4
103.29
Cambridge Savings Bank
4,831.99
Chelsea Savings Bank
4,401.30
Cohasset Savings Bank
2,063.11
Danvers Savings Bank
1,161.46
East Boston Savings Bank
568.33
East Weymouth Savings Bank
10,022.08
Gardner Savings Bank ...
4,126.25
Home Savings Bank
61.81
Leominster Savings Bank
4,117.70
Lexington Savings Bank
2,856.98
Lynn 5c Savings Bank
553.21
Lynn Institution for Savings
1,072.55
Malden Savings Bank
9,184.14
Mechanics Savings Bank
2,150.90
Medford Savings Bank
1,065.71
.....
168
ARLINGTON TOWN REPORT
Melrose Savings Bank
9,058.53
Natick 5c Savings Bank
1,085.89
Newton Savings Bank
2,193.44
North Avenue Savings Bank (Cambridge)
128.53
Southbridge Savings Bank
1,026.88
Stoneham 5c Savings Bank
3,131.27
Wakefield Savings Bank
100.46
Waltham Savings Bank
2,168.13
Warren 5c Savings Bank
7,777.55
Watertown Savings Bank
3,373.87
West Newton Savings Bank
367.43
Whitman Savings Bank
4,256.31
Winchendon Savings Bank
524.12
Winchester Savings Bank
3,296.36
Woburn 5c Savings Bank
366.56
$91,447.09
Menotomy Trust Co. Checking Account 186.11
$91,633.20
Securities :
Paid up Certificate Pittsfield Coop. Bank
$ 2,000.00
U.S. Treas. 21/2% registered bonds 67/72
5,000.00
U.S. Defense 21/2% registered bonds Series G
10,000.00
U.S. Defense 21/2% registered bonds Series G 10,000.00
U.S. Treas. 21/2% registered bonds 62/67 25,000.00
U.S. Treas. 21/2% coupon bonds 63/68 16,000.00
U.S. Treas. 21/2% coupon bonds 64/69
30,000.00
98,000.00
189,633.20
169
TRUST AND INVESTMENT FUNDS
INVESTMENT TRANSACTION
Purchase
April 15, 1943
Subscribed for $30,000.00
U.S. 21/2% bonds 64/69 ...... 30,000.00
......
SUMMARY OF MEMBERSHIP ACTIVITY
1937 to 1942 1943 Total
Entrants
284
15
299
Deaths
9
1
10
Withdrawals
46
10
56
Retirements
28
4
32
Active Members as of December 31
Male
148
146
146
Female
53
55
55
Members on Retirement December 31
22
24
24
1937 to 1942 1943 Total
Amount of Retirement
Allowances Paid $51,064.25 $16,251.58 $67,315.83
Allowances in Effect as of
December 31, 1943 $15,637.92
CLARENCE NEEDHAM HAROLD A. CAHALIN JAMES J. GOLDEN, JR. Contributory Retirement Board
J. WILBERT ANDERSON, Treasurer CLARENCE NEEDHAM, Accountant
170
ARLINGTON TOWN REPORT
PERPETUAL CARE FUND 1943
Fund, January 1, 1943 $176,874.00
Received for Perpetual Care of Lots 11,467.00
$188,341.00
Income Account
Balance of Income, January 1, 1943 $ 14,784.56
Interest on :
West End Ry Bonds, 5% 250.00
Pacific Gas & Electric Light Bonds 150.00
U. S. Treasury 21/2% Bonds, 52/54 125.00
U. S. Treasury 21/2% Bonds,
56/58 60.00
U. S. Treasury 21/2% Bonds,
67/72
157.50
U. S. Treasury 27/8 % Bonds,
55/60
143.75
U. S. Treasury 31/4% Bonds,
43/45
162.50
U. S. Treasury 21/2%
Bonds,
63/68
778.68
U. S. Defense Bonds Series G. 21/2% 312.50
First National Bank Stock
200.00
National Shawmut Bank Stock 200.00
Boston 5c Savings Bank
96.15
Provident Institution for Savings 50.76
Arlington 5c Savings Bank 1,833.75
Menotomy Trust Co. Savings Dept. 14.20
4,534.79
$207,660.35
171
TRUST AND INVESTMENT FUNDS
Payments
To Menotomy Trust Co. for interest on Loan at 2% 15.02
Interest paid at purchase of U. S. Treasury Bonds, 63/68 44.88
Interest paid at purchase of U. S. Treasury Bonds, 64/69
17.52
Box rent
7.50
Paid Town for Disbursement
4,514.95
Paid Fenton Haslam for refund
Perpetual Care
63.00
$ 4,662.87
Fund and Accumulated Income, December 31,
1943
........... $202,997.48
Investment Transactions in 1943
Investments, January 1, 1943 ............. $191,658.56
Purchased 30M U. S. Treasury 21/2% Bonds, 63/68 $30,000.00
Purchased 5M U. S. Treasury 21/2% Bonds, 64/69 5,000.00
Deposited in Arlington 5c Savings Bank
15,759.43
Deposited in Boston 5c Savings Bank 96.15
Deposited in Provident Inst. for Savings 50.76
Deposited in Menotomy Trust Co. ... 5,095.45
56,001.79
$247,660.35
172
ARLINGTON TOWN REPORT
Sold 5M U. S. Treasury 314% Bonds $ 5,000.00 Withdrew from Menotomy Trust Co. 35,084.92 Withdrew from Arlington 5c Sav- ings Bank 4,577.95
$ 44,662.87
$202,997.48
Investments
U. S. Treasury 21/2% Bonds, 52/54 $ 5,000.00
U. S. Treasury 21/2% Bonds, 56/58 2,400.00
U. S. Treasury 21/2% Bonds, 67/72 6,300.00
U. S. Treasury 21/2% Bonds, 63/68 30,000.00
U. S. Treasury 21/2% Bonds, 64/69 5,000.00
U. S. Treasury 27/8% Bonds, 55/60 5,000.00
U. S. Defense Bonds, Series G 21/2% 25,000.00 West End Ry. Bonds, 5%, 1944 5,000.00 ..... Pacific Gas & Electric Light Bonds 3% 1970 5,000.00
100 shares First National Bank
Stock
4,175.00
200 shares National Shawmut Bank Stock
5,000.00
Menotomy Trust Co. Savings Dept. Book 1681
1,197.57
Arlington 5c Savings Bank, Book 8982
96,468.05
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