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CONDITION GOOD. Peterboro Bank Will Probably Pay 100 Cents on the Dollar. How This Destrable Result Was Brought About by Mr. Morrison. Boston, May 17.-A special from Peterboro, N. H., says: "In the face of the not too encouraging outlook of several, if not many, of the savings banks in this state, which have suspended business under injunction, the condition of the Peterboro Bank is more than satisfactory and such as to reasonably warrant the prediction that it will be one of the conspicuous few to resume business. "Since the injunction was issued about 18 months ago, the bank's treasurer, Mr. M. L. Morrison, has visited localities where a loan had been placed, has personally inspected every item on the books, and detailed description of the condition of every piece of real estate upon which the bank has a lien. Theseivarious values have been adjusted and scaled to present conditions. "The amount due the depositors is $777,260. The market value of the assets according to the recent report to the sav. ing bank commissioners is but $14,000 short of this, and the book value is estimated at $16,000 more. The bank could unquestionably pay a satisfactory dividend to depositors now but as the showing is so good it-has been the advice of directing parties and the commissioners not to sacrifice mortgages or collateral. A little trine, it is] thought, will enable the bank to liquidate at 100 cents on the dollar."
