Evening Republican, Volume 14, Number 270, Rensselaer, Jasper County, 12 November 1910 — Saving Deposits Increase at Kate of Million Dollars a Day. [ARTICLE]

Saving Deposits Increase at Kate of Million Dollars a Day.

The high cost of living has not interferred with the people of the United States saving money and there never was a year when the deposits in the savings banks of the. United States showed such a marvelous increase as they did the past year. At almost the rate of a million dollars a day the deposits in the 1,759 savings banks have increased, makidg a total increase for the year of $357,000,000, and a grand total of the amount now on deposit in the savings banks of the land of $4,000,000,000. There are 300,000 more depositors in the savings banks than there were a year ago, which indicates that the American people are profitably employed and have been making enough over the cost of living to lay aside some. The average savings account of, all in the banks as compiled by the U. S. treasury department is $445.22, which is an average increase of $24.77 over the year before. Surely with this condition existing the American people have voted queerly.