Jasper County Democrat, Volume 2, Number 48, Rensselaer, Jasper County, 3 March 1900 — DECREASE IN DEFALCATIONS. [ARTICLE]

DECREASE IN DEFALCATIONS.

Stealings for the Tear by Persona Holding Positions of Trust. The stealings last year by persons holding positions of trust in the United States and Canada total $5,873,636. This record of embezzlements, defalcations, etc., is according to one of the largest companies writing surety insurance, exceptionally low. The statistics for 1899 are as follows: Federal and State losses $504,833 Municipal 467,680 Transportation companies 148,976 Benevolent associations 118,846 Savings and building and loan associations 207,543 Insurance companies 80,835 Banks 1,820,146 Courts, trusts and official bonds... 703,022 Commercial corporations and Arms 1,195,732 Miscellaneous 536,019 T0ta1....65,873,631 The year was one of unusual activity in business and it is such years that show, as a rule, a low record of defalcations.