New Britain herald., 1926-12-27
.S47,S47 DEPOSITED
 INP.0. BANK HERE
Increase in Clients But Decline
 in Money Total
BY GEORGE B. MANNING

BY GEORGE B. MANNING | Washington Bureau of the N. B. Heraid>
 Washington, D. C., Dec. 27.-The United States government was the depository at the close of the last
 fiscal year for s47,S47 of the earn ings of New Britain residents who postal savings to that of the old | fashioned sock under the loose floor- l board or the sugar-bo in the cup i board. ... At the end of the fiscal year, 1926.
 on June 30 last, there were 150 per- sons in New Britain who had sav-
 ings on deposit in the local post of- flee, according to the annual report
 of the board of trustees of the posal savings system, just submitted to
 congress by Postmaster General
 Harry S. New, chairman of the | board.
 The report just completed shows
 gain in the number of depositors compared with the preceding fiscal year. but decrease in the total
 amount of deposit. At the close of the fiscal year 1925. there were 143
 depositors on record, but the amount
 on deposit came to S49,047. Com pared with 1923, there was decline | last year both in depositors and in
 amount deposited. The end of that
 fiscal year showed 176 depositors with postal savings of s63,3S7 to 1 their credit at the New Britain post
 office.
 New Britain ranked we'll up in
 amount of postal savings on deposit
 among the 140 cities of Connecticut whose post offices received deposits this year. The leading cities of the state were Bridgeport, which had
 1,005 depositors and deposits of S266, 401; Hartford, with S97 deposi-
 tors and s2oS,93e in deposits: New Haven, with 723 depositors and s177,205 In deposits; Norwich, with 200 depositors and sS0,7S6 in de- posits; Putnam, with 193 depositors and S59399 in deposits; Waterbury, 1 with IFS depositors and sT3,5S3 in deposits; Willmantic, with 13S de- positors and SS6.7O5 in deposits; Ansonia, with 1S6 depositors and S72,909 in deposits; and Windsor Locks, with Ill depositors and s63,- 3S9 in deposits. Stamford had 219 depositors and s47,247 in deposits; Torrington, 65 depositors and s33,- 6S3 in deposits; New London, 149 depositors and sS3,392 in deposits; and Moosup, 1oS depositors and s5o,S65 in deposits.
 In the whole state of Connecticut there was a balance of $1,565,76S in postal savings to the credit of de- positors at the close of the last fiscal year. This represented a, decline of .S196,224 compared with the proceed ing year. when a total of s1,761,992 was recorded on deposit. During the fiscal year 1926, there were sS77,540 in deposits made in Connecticut, while withdrawals of postal savings totaled S1,073,764. Interest paid to Idcpositors of postal savings in Con- nccticut during the year amounted to SS3,7O6.23.
 The outstanding principal 10 the
 credit of postal savings depositors in
 the United States on last June 30
 was S134,17S,55S-an increase of S2,005,347 over the amount for the corresponding date of 1925. The number of depositors in the coun- try as a whole decreased from 402,-
 S25 to 399,305 in 1926, the loss in accounts being hree-fourths of one
 per cent. The average principal per
 depositor, however. increased from
 $52S.52 to S33G.03.