Rensselaer Semi-Weekly Republican, Volume 22, Number 13, Rensselaer, Jasper County, 2 November 1900 — PROSPERITY PROVED TO BE SUBSTANTIAL. [ARTICLE]
PROSPERITY PROVED TO BE SUBSTANTIAL.
Savings of the People Show an lm* mense Gain Over 1894. One evidence of the prevailing pro* perity that cannot be denied or overlooked or slurred over is the record of deposits in the banks, and particularly the savings banks, and the loan and trust institutions. The money in the State and national banks is the working qapital of the business community; that in the other institutions represents what the farmers, wage earners and the vast army of the provident possess. The record in the Democratic year 1894 and the Republican year 1899 is below: Total No. Depositors. Bank. 1894. 1899. National .. 1,424,966 1.991,183 State and private... 502,756 906.394 Loan and Trust Cos. 205.368 443,321 Savings ... 3,413,477 4,254,516 T0ta1.... 5,545.867 7,055,414 Increase in number of depositors 2,109,547 Total Amount of Deposits. Bank. 1894. 1899. National ...$1,155,191,588 $1,830,116,140 State and private... Loan and Trust Cos 239,504,892 576,724,117 Savings..’., 1,205.450,416 1,782,974,481 Total... .$2,874,589,406 $4,608,096,005 Increase in n mount of deposits. $1,733,506,599 Average deposit in all banks: 1804 $526 1809 602 Mr. Brjran says we are not prosperous. The bank deposits say that we are.;
