The story of Pittsburgh: Banking and finance

Banking and finance (Vol. 1, nr. 17)

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Multivolume work

Identifikator:: 1831622599

Document type:: Multivolume work

Title:: The story of Pittsburgh

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1919-1930

Collection:: Economics Books

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Volume

Identifikator:: 1831623951

URN:: urn:nbn:de:zbw-retromon-241167

Document type:: Volume

Title:: Banking and finance

Volume count:: Vol. 1, nr. 17

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1930

Scope:: [ca. 40] Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Pittsburgh's increase in savings

Collection:: Economics Books

PITTSBURGH'S INCREASE IN SAVINGS Approximately $505 is now on deposit in savings accounts of the banks of Metropolitan Pittsburgh for each resident of the community, it is estimated on the basis of thrift gains of the past few years. The area’s gain in per capita savings is shown in records collected by the Department of Internal Affairs of the Penn- sylvania State Government. This gain is shown year by year in the following table in which the averages for 1928 and 1929 are unofficial estimates: 191% 1920 1921 152 192: 1924, Per Increase Canita Above EST 0009 15 Ded Boh 1925 1926 1927 1923 1929 Par BU 505 Increase bove J ay 33 07 1139, PITTSBURGH'S INCOME TAXPAYERS Seventy-eight of each 1,000 residents of Pittsburgh receive sufficiently large incomes to require them to file tax returns with the Federal Government at Washington. Pittsburgh leads the principal industrial cities of the nation in the number of income taxpayers in proportion to population, it is shown by the newest analysis to be made by :he U. 8. Treasury department. Detroit has 72 income taxpayers to each 1,000 residents. Boston 54, St. Louis 62, Philadelphia 48 and Cleveland 39. Pittsburgh’s leadership in this respect indicates that prosperity is more widely distributed among the families of that city than among those of the other industrial communities listed above.

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