Report Of The Bank Commissioners To The General Assembly

Author : Connecticut Bank Commissioners
Publisher : Forgotten Books
ISBN 13 : 9780666715456
Total Pages : 604 pages
Book Rating : 4.7/5 (154 download)

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Download or read book Report of the Bank Commissioners of the State of Connecticut, to the General Assembly written by Connecticut Bank Commissioners and published by Forgotten Books. This book was released on 2018-03-02 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Report of the Bank Commissioners of the State of Connecticut, to the General Assembly: January Session, 1881 While this condensed exhibit of the condition of the Savings Banks shows at a glance, their prosperous condition, there are some points to which special attention should be called. There has been an increase of in the volume of deposits during the year, making the aggregate larger than has ever before been reported, with the exception of the years 1876 and 1877. Undrawn interest, which is semi-annually credited to depositors, undoubtedly contributed largely to make up this amount, but the fact that this interest is not drawn, and is not needed by depositors, is the best evidence that the revival of business interests has brought with it substantial prosperity. It is particularly gratifying to note the fact in connection with this increase in the volume Of deposits, that the number Of small depositors has largely increased; there are more than last year having less than $500 each on deposit. The increase in the aggregate amount of deposits in this class is 8205038690, and as not over could have been credited for interest, at least must have been freshly deposited. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.