Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1899-10-18
LAYING UP PENNIES.
SOME FIGURES ON S~ ING
BANK BUSINESS.
Condition of Those In France, cef'
rsny and Spain Compared wfth o"r
. 1wn-Oyer Oue-HaIf the Swiss Peo-
rle Are Savings Depository.

:. paragraph has been travelling
aboEt To the effect that more than one
ha,r of the depositors In savings banks
IN France are women. and that with
2.000(Suth savings banks in the French
republic. having on deposit SIoo,o'm.-
900. il las been found necessary OF de
81, u bic to reduce the maximum hiaodnt
There are more than 4,O00.0n0 dpp0s
itors in i.:cnch savings b.nks. tl::is Is,
mors. than 4,000.00O ,ndi,aG de-
positors. FOR the total number - open
80 1inSs banks accounts Is nearly I.GD.-
0o0: bu. the assumption that ma
1crlty Of tie French depositors are Wo-
Hien is misleading. the mistake arising
fsrr; the fact that in most French
households it II the custom OF dile wife
rath.r than the husband to superb
toad what would be called In the
United States 1.-THE family savings bank
account"
the custom /, quite general IN
France, as in Germany, here there
are 100000 savings banl. depositors,
and where the total deposits eSceed
sum ostensibly taken from the house
hold expenses, for what is called in
Germany der regentag" To this Gus
tom Is due the mistake into which
many persons have fallen OF supposing
that there are SO many female depos-
Ia. .
countries. which collectively have on
deposit about three-fifths rs much
money as tne savings banks of the
United States.
There are in this country more :hn il
1000 savings banks, the number OF de-
positors being in excess OF 5.G00.000,
and the total sum on deposit il excess
of SCOOPS 100000 nearly $500 Il de
posito. on the average, the highest be-
lug In California, ard tie lowest il
the largest member o. depositors and
Massachusetts comes next he total
amount on deposit In this Stale l.. S7l5,
u00, 900, of which S400, 100000 is in tie
county OF New York. Sis 100000 in
Kings. and $1O,0OO,OO0 in Westchester.
Great Britain has total deposits in her
savings banks of about $3.50, 000, $50. of
which about $500 100000 is In tie saw
Tugs banks of England and WALES.
A contrary opinion prevails eAciu-
sively. but it is nevertheless fac. that
there Is very much more money on de
poslt in the savings banks of Ireland
than of Scotland. During the past two
years the increase of deposits In the
Irish savings banks has been very
marked. Austria II hungary, Italy and
Scandinavian countries have all OF them
l;irge savings bank deposits, and
Switzerland has proportfonataly Il
larger number of savings bank deposi-
tors than any European country, there
being 1.G00,0O0 in country the total
population of which was found by the
last census June. 1894 TO he 2.9S6.-
S4G. In other words, the number OF
bank accounts Ia Switzerland is more
than 80 per cent OF the number of IN
ha bitants, and In a like ratio in this
country there would be S60O0,OO0 in-
stead of 100000.
In respect to savings bank deposits.
rs in most other particulars in which
there is emulation between the inhati-
ltants OF the various nations, Spain
lags far behind, with actually less
money in all savings banks OF the
country than are to be found IN one
American State-Vermont. In all con-
siderations of savings bank figures. !,
Is well FOR the intelligent observer 10
recall that where. as is the case IN
France recently the maximum deposit
is limited, the number OF separate &C
counts increases, and, where there Is
no such limitation. the number of such
accounts is correspondingly reduced.
New York savings banks fix generally
a hgure beyond which an account. ex
cept for interest, Is not permitted to
CO. and the rate of interest paid, as all
depositors know, Is less on large
amounts than on small ones.-New
York Sun.