THE BULLETIN

A Monthly Magazine Published by
AMERICAN SURETY COMPANY OF NEW YOUR and NEW YORK CASUALTY COMPANY, April 1936

OLD PENNY BANKS
By ANDREW EMERlNE
President, The First National Bank, Fostoria, Ohio

     Through the courtesy of Assistant Manager Dickson, Toledo, and of Mr. Emerine, we are enabled to present this interesting photograph, of a part of Mr. Emerine's unique collection of juvenile penny banks, and his comment on other collections.

     One of the fascinating hobbies of today, and particularly with bankers, is that of collecting old-time juvenile penny banks which reached its peak of popularity some fifty odd years ago.
     It is claimed on good authority that there were over one hundred and fifty varieties of banks with moving parts known as mechanical banks, and a still greater number of dumb, or non-mechanical banks.
     Elmer Rand Jacobs, of the Seamen's Bank for Savings in New York, probably has the most complete collection in the country. This is closely seconded by that of William F. Ferguson, of the Bank for Savings, Fourth Avenue, New York. Still another very fine and valuable collection is one made by the late Wilmot R. Evans, Jr., of the Boston Five Cents Savings Bank, and moving farther west may be found the collection of Andrew Emerine, of the First National Bank of Fostoria, Ohio, part of which is shown below.
     There are a number of other outstanding collections of juvenile banks through the East, including a fine collection owned by Jas. C. Jones, of Cleveland Heights, Ohio. The most noted one in the West is that of F. W. Wieder, Berkeley, California.
  

JUVENILE PENNY BANKS
Part of the collection of Andrew Emerine, President,
The First National Bank of Fostoria, Ohio.