Rensselaer Semi-Weekly Republican, Volume 21, Number 45, Rensselaer, Jasper County, 6 March 1900 — DECREASE IN DEFALCATIONS. [ARTICLE]

DECREASE IN DEFALCATIONS.

Stealings for the Year by Persons 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 SSO-1,833 Municipal 467,080 Transportation companies 148,975 Benevolent associations 118,846 Savings and building and loan associations 207,545 Insurance companies 80,835 Banks '. 1,820,146 Courts, trusts ami official bonds.., 793,022 Commercial corporations and firms 1,195,732 Miscellaneous 536,019 Total $5,873,836 The year was one of unusual activity in business and it is such years that show, as a rule, a low record of defalcations.