The evening times., 1900-02-27
SAVINGS BANKS ABROAD.
The Deposits nm Indication Of the
Thrift of the People.


The remarkable rapidity with which
savings deposits are accommodating in Eu-
rope is illustrated by the operations OF the
banks Of Italy. The official figures Of the
ordinary savings banks at the close Of
1885 show deposits OF S27O, coo 600 standing
to the credit of 1888. .959 accounts
The largest deposits were In iLombardy
where the amount was 5S5, ,697 coo lire TO
the credit Of 55S.S53 accounts. The total
deposits during 1S9S were 4S7,25S. 900 lire.
representing a net gain Of about 23.00o. coo
lire. The amount to the credit OF depos-
itors at the close OF 1897 was ! .36l. OBS. S67
lire.
The postal savings deposits in Italy
reached on September 80. 1893, $l2O, 600 900
10 the credit OF 3.5S3.5S4 accounts. an in
crease OF 59,6S3,9Il lire. and 4O9 .95S ac-
counts over the same date IN ls9s. The
total OF Italian savings for both classes OF
banks amounts. therefore. 10 nearly $780,
O00. 600
The little Duchy OF Luxembourg has 4
savings system with thirty-hve banks
which pay interest at the rate OF per
cent. The total deposits rose from 10
655.13I frFncs on December 81 1896. 10
l.. fufrsl1 .IAnGS dL me close OF lhet. and
13.S7S Cos francs at the close OF 1898 The
number Of accounts rose from $3.50 for
1896 to 22.7i5 for 1897, and % 3Of for 1898
The average deposits we're 533 francs IN
1886 545 francs in 1897. and 547 francs in
1895 The resources Of the savings banks
were valued al II 253.532 francs on Decem-
Der 81. 1893 There is also a savings sys-
TEN for school children, which showed
32 233 accounts at the close Of 1898. with
deposits Of S4S. coo.
The Russian savings banks have shown
some relaxation in their new deposits dur
ing the last few months. The total de-
pOsits on September 80. 1899, were $30S.
200 to the credit Of 3.045 sos accounts
The total deposits on July 81. 1893 were
$40 031 900 roubles. while on November 30
1895 they were only s270. 600. .000 The net
amount OF the Russian savings deposits on
January ]. 1888, was 466 159, ,O0O roubIes
standing TO the credit Of 2. AS. .270 accounts
The number OF accounts held by landed
proprietors was %. .961. with deposits OF
6 Cos 400 roubles; agricultural laborers.
430.522 accounts. with deposits OF u 66q. -
500 roubles; town industries. 256.47l &C
counts with deposits OF 39 67s 400 roubles.
factory laborers 90 696 accounts. with de-
pOsits Of 1922. .4O0 roubles; domestics
24i.S77 accounts. wi.h deposits OF 3i121. -
600 roubles: merc,IInts and t-adesmen
1-s~
600 rOubies: the clergy 1f4-306 accounts.
with deposits OF 37.130 900 roubles; army
officers $1,000 accounts. with deposits Of
1916. 500 roubles; soldiers. 101 $50 accounts.
with deposits Of Q .662 500 roubles: civil en-
ployes. 1920 accounts. with deposits Of
27S19.5O0 roHbles. There are also consid-
cradle deposits for miscellaneous classes
The industrial region Of central Russia
leads in saving deposits with 545. 1854 ac-
counts. representing deposits OF 100. 735. 300
-oubles.
The agricultural district OF central Rus
sia ranks next with 213. las accounts. rep
Tesenting 73. .062. 500 roubles. The st. Pc
tersburg district is third, with 27S.l77 ac-
counts, representing deposits OF 4.134 COO
roubles Southern Russia comes fourth
with 209.9S0 accounts. representing depos-
its OF 39 1863 600 roubles. That OF the re-
sources Of the savings banks are In ma
tional bonds. the bonds Of mortgage
banks. or the securities OF the Gov
ernment railways