The Penn's Grove record., 1923-09-07
Total Gain of $114,801 POT for
Year Reported for 204
Institutions.
DEPOSITS GAIN 87,643,245
Increasing Death Toll From Autos
Leads Dill to Appeal for Caution.
OF 355 Victims, Gain of 1t3 in
8 Months, 81 Were Children.

in resources and $S7,643,245 in depos-
its of 204 state financial institutions
are shown in a statement issued by
Commissioner Maxson of the Depart
ment of Banking and Insurance on the
condition of such institutions Jun
80, 1928, as compared with June 80,
1922.
The increase in deposits for the
year Is impressive. AS usual, the trust
companies, lat in number, reflected
the bulk of the gain. Their total de-
posits, ~aggregating $3.50, 911, 306.show-
ed an increase of S63 $40 43.
Aggregate deposits Of twenty-seven
savings banks, amounting to $219,2S0,-
3S5, showed an increase of S13, 1877 1873.
Deposits of thirty state banks, amount
ing to $58, 942, 504, showed an increase
Of S10,S34, 569.
Total resources of all the institu-
lions amounted to 81, O64 ,236, 1888, or an
increase of STA 1857 for the yea
The resources we're: Trust companies.
1888 ,282, 578; savings banks, S241,455,-
663; state banks, $50, 49S, SAT. Re
sources of trust companies showed an
increase of SS7, 245, O32; of savings
banks, SIS, 1892, 529, and of state banks,
$12, 163, 707.
Surplus funds of the institutions
amounted to S51, S72, $40, as follows.
Trust companies, 500, 2S9,440; savings
banks, $40, 642 ,779; state banks, $780,
721.
Keep Children Off Streets
Approach Of the Fall school term,
with the certainty of children using
the streets more frequently, brought
q statement from State Motor Vehicle
Commissioner William L.. Dill, urging
police officials of the more populeus
centres to confer with educational
authorities for the purpose of devising
ways and means to keep children off
the public highways. The fact that 81
of the 355 automobile fatalities in New
Jersey from January 1 to August l
were among children under Is years
OF age caused the Commissioner to
issue his warning at this time.
The Commissioner laid particular
stress upon the responsibility of par
snts in exercising parental restraint.
inc VI IL tcoihS loNto III WI
nection with the great toll of fatalities
Of t.. e State is that 81 children under
the age of Is years have been the limo
cent victims of this increasing men
ace" declared Commissioner Dill.
For the first seven months of this
year, reports indicate a toll Of 113
additional deaths as compared with
figures from January to August of
1922. Statistics submitted by David
3. South, registrar of vital statistics.
show that Of the 355 persons killed by
automobiles this year, IS were non
residents.
"Of those residing in New jersey
said Mr.. Dill, "34 were killed at grade
crossings, eight persons lost their
lives as the result of collisions of auto
mobiles and street cars. OF the fatal
accidents, 235 involved pedestrians, As
fatalities resulted from collisions with
trees, polls n overturning of ma
chimes, due to collisions with horse
drawn vehicles, bicycles, etc. Automo-
biles caused the deaths Of eight per-
sons and four motorcycle operators
were killed as the result of reckless
operation of machines.
1T is hoped that the publication of
these figures will arouse the motoring
public to the necessity of exercising
greater care in the operation of motor
vehicles and strike home forcibly the
danger which looms in the path Of
vehicles of the motor propelled type,
which are operated in violation Of our
laws"
Guardsmen for West Point
Adjutant General Gilkyson advised
commanding officers Of National
Guard units that New JERSEY has been
allotted two appointments to West
Point Military Academy from enlisted
personnel. State Education Commits
sioner John Enright will assist the
Adjutant General in preparation Of
preliminary examinations to be held
in this city, Jersey City, Newark
Paterson and Camden.
Governor Silzer will select the two
candidates to take the entrance tests
for West Point. To be eligible for ap-
pointment from the National Guard an
applicant must be an enlisted man of
a unit recognized by the federal gov
ernment. He must, on the date of adj
mission, July 1, 1924, have served as
an enlisted man not less than one
wear, must be between the ages of 10
and % years, and not less than five
feet S.11r inches in height.
DuyZ % the fact that some states do
not take advantage of the opportunity
10 designate candidates for entrance
tests. there is a probability that New
Jersey may be allotted more than W
candidates. In addition to the two
men selected as New jerseys quota,
Governor SiIzer will prepare a list oil
arher desirable candidates in the event
81 additional appointments
The preliminary examination vii
q similar to the regular examination
Ear entrance 10 the MliiJarv hcaf
hi viii include the following sub
ects. Algebra, plane geometry, Eng