Norwich bulletin., 1917-01-20
SAVINGS DEPOSITS MOUNT
 UP INTO MILLIONS.
Increase Over Last Year is Nearly
 Twenty-seven Million Dollars.

The annual report of Bank Commis- sioner Everett J. Sturges on the saw I ings banks, trust companies and state | banks of Connecticut for the year ended Oct. 2, 1916, shows an increase of deposits in these institutions during s I the year of $57,054,261.8 and an in I crease 2of depositors of 77,303. The average deposit of the savings banks has also increased.
 Total assets of the savings banks on Oct. 2, 1916,- were $370, ,06S, 7S0.0S, an increase of $2s, 309, ,869.78 over the pre-
 amounted to s142, ,453, ,796.6O on Oct. 2,
 1911, an increase of $10, ITO, ,077.35; the
 amount invested in state, town, city,
 school district and industrial bonds
 and obligations was $69, ,043-19, an
 increase of $5, ,S79.71; the amount
 invested in railroad stocks and bonds
 was S122, ,162 ,125. .o6, an increase of S11,-
 698,550.28; the amount invested in
 bank stocks was $6,413,581.64, an in
 crease of S96, ,68351;s the real estate valued at $2,862. .086.42, an increase of $2L720-S9; and cash on hand and in banks amounted to $11,740,923, an in- crease of $1, ,119, ,Q28.01.
 Of the liabilities, deposits amounted to $347.384, ,713.92, an increase of $26,- 694.621.65. and surplus to $14,215, 5,009.34, an increase of $721, S35.46.
 The s1 banks paid dividends of $12,- 554,093.60. One had a rate of 2 per cent, one of per cent, one of 3.5 per cent. two of 3.75 per cent, 68 of 4 per cent, two of 4.25 per cent, two of 4.5 per cent, and four of per cent
 The number of depositors having less than $1,000 was 576, 455, an in crease of 34.oS4; having $1,ooO and not over s2,ooo, 65,542, an increase of s,445; having $2,000 and not over $10,- 900, 3S,0S2, an increase of 3,469; and having over $10,000, sos, an increase of 29. The total number of depositors was 680,6S2, an increase of 41,O27. The $510.35. an increase of $9. In all, 119,- 739 accounts were opened during the year, an increase of 31,222, and 7S,712 were closed. an increase of 7,14S.
 The income received during the year was s16,668, ,271.39, an increase of S652,247-27. The amount withdrawn during the year was $70,221, ,308-e8, an increase of $4.743. .422.15. The average expense per $1,000 of deposits was $2.64, an increase of two cents.
 Four new state banks and trust com- panies, with combined capital of S15O, 900, were opened during the year, and one, the Canton Trust company, of CoIlinsville, was closed. The total as- sets of the state banks and trust com panies were $112.083, 1903 .39, an increase of $30,075, ,906.19. Loans and discounts were $53,709, ,21S.O3, an increase of s11,- 103, 38216; stocks and securities, SAL b97, ,722.72, an increase of $15, 1882, ,1o72o; and banking houses, furniture and fix lures were valued at $2,259, ,9e4.47, an increase of $1SS, ,138.42.
 Of the liabilities, general deposits were $65, ,434, ,S29.04. and savings de- | pos1ts $24,979 ,591.73, increases, respec- lively. of $20,131,667.60 and of s10,- 227, ,972.13. 5a...sss
 Total deposits in savings banks and l savings and commercial departments | of trust companies were $437, ,799. 13469, | m increase of $57.054,261.28, and total | 1epositors were 7SO,634, an increase of | r. sos.
 "A careful perusal of the condensed | ,ab1es forming a part of this report" he commissioner says, '.wiu show at | once the enormous amount of extra | work put on the banking department | turing the past year, and there is good l 'eason to believe the work will in | ;rease still more during the coming [ vear. The appropriation and working