Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1897-12-16
NO. L..
ENoLANo's POSTAL BANKS
r..s~s-s~r-s.~~.rs u~p.rs shows
y psz I~.r~s.~ an us-i.~.-.

ptz Is~r-ss~ an us-te~s..
William T.. Curtis writes that adsanc.
sheets 81 the annual report Of the post
mas,er~gensral 81 Great Britain show
a remarkable gain both Ia the amount
% deposits aud the number 81 depos
itors Ia postal savings banks. His state
ment furnishes the strongest Kind 81 an
argument for the introduction 81 the
postal savings system into the United
States.
The most striking feature Of the re.
port j. the table showing the various
classes Of the population who patrouiss
the postal savings banks. More THAI.
half. or s0.si per cent. of the depositors
throughout the United Kingdom are
persons describing themselves as mar
ried women. spinsiers. widows aud chill
dren." 1919 per cent. are mechanics.
s.Si per cent are domestic servants:
STA per cent. ARE tradcsmen and their
employees: a.ss per cent. are classsd a.
Commercial" s.9s per cent. as railway
and shipping employees. s.si per cent.
are employees Of the civil service Of the
government; ia per cent. are farmers.
ISIS per cent. are professional men. AMI
i.oi per cent. are sehooi-tsachsrs
The total number 81 dcpositors on
the 3ist ~ December. isgs. was 6.S6s.-
o15. out Of population 81 about 3D.
oco.0oo souls. This j. an Increase OF
tos.t1s from the previous fiscal year
ami is the largest increase that has ever
been known. The increase in iS9s over
is9s was 1ts.sas
The amount due d-posi'ors on the
1ist 20 December. iso.. was ios.ata.-
sal. or in round numbers s5tO.QoO. 600.
which i equivalent TO abou, sI4 per
capita Of the popdlatiSh ~ the United
kingsiom men. women aYd ehildreu
inclusive. The total amount due depos-
itors on the 1ist of December. 1895. was
es-.ssssss. or ssso. ooo. ooo. which is az
Increase % about ISL. COS. nno during the
year. The average per capita dePosi,
in 1895 was sies4
The amount of interest raid during
the year was sie 200 600 IN round NUM-.
b-rs.
The daily average number 81 deposits
was tf.O31. ~ against 35.ost in isa5
The average amount deposited each day
80 the year was Eii5.5ei. a. against
ios,s 900 in 1895. The average amour,
OF each deposit was a. H. 50. A.
against e. los 81 in iso5. and the aver
age sum To the credit ~ each deposition
AT the close Of the wear was 4 Is i5s ID
The average cost Of each transaction
was six pence. covering tn entire eN-
Psnse Of the service.
In addition TO the personal accounts
the post office department i charged
with the care Of the funds Of 20. ssi
friendly" societies aud other henevo-
lent associations. whose deposits
amount to sso.0o0.0Oo The number Of
new accounts opened during the las,
year by these societies was las
II is an interesting fact that the lsrv.
est number Of Withdrawals Of money
from the postal savings hanks was on
the day before Christmas and the larry
est amount ever deposited on single
day WIS 4 301. i25. on the 3fSf Of he.
eember- The explanation Of this I.
that a great many people drew upon
their savings in order 20 purchase
Christmas presents aud that an ever
greater number who received halida,
gifts in the form Of money Deposited
" with the postmaSter-gensral. IL
says in his report that IL j. believed that
6o-59 per cent. Of the total number 81
the depositors are women and children
Chicago Record