Jasper County Democrat, Volume 19, Number 29, Rensselaer, Jasper County, 8 July 1916 — GERMAN PEOPLE ARE SAVING Immense Increase of Deposits in Country’s Banks Is Shown by Report Recently Made. [ARTICLE]

GERMAN PEOPLE ARE SAVING

Immense Increase of Deposits in Country’s Banks Is Shown by Report Recently Made.

The Hague, July 7. —According to the Sparkasse, the organ of the Gerrr>n Savings banks, new savings accounts in the second year of the war have increased in Germany as never before during times of peace. Stafrom* the big cities and the industrial regions aione indicate an increase of 288,000 accounts and a total of 6,25T*,000 accounts. The excess of deposits over withdrawals is 2,500,000,000 marks. The total increase in the capital of savings banks is 3,250,000,(100 marks-