54 
POSTAL SAVINGS 
monthly audits were frequent—all involving sub 
stantial expenses. During the fiscal year 1913- 
1914 postal savings functions were discontinued 
at 18 Presidential offices, 2,753 fourth class offi 
ces, and 8 branches and stations ; 6 and at the end 
of the fiscal year 1916, the last date for which 
detailed figures are available, the total number 
of postal savings banks was 8,421, classified as 
follows: 7 
First class post offices 531 
Second class post offices 2,064 
Third class post offices 4,252 
Fourth class post offices 854 
Branch post offices 176 
Post office stations 544 
8,421 
Notwithstanding the discontinuance of many 
postal savings banks in 1913-1914 and since, 
there are still a very large number of small and 
inactive banks The annual report of the Board 
of Trustees for the fiscal year 1915-16 gives 
for each city, town and village having a postal 
savings bank the amount of deposits held on 
June 30, 1916. An analysis of these figures 
0 A few of these changes were due to the discontinuance 
or the reclassification of the post offices. Some new banks 
were opened during the year, but notwithstanding this the 
year showed a net reduction of 2,473 in their number, bring 
ing the total down to 10,347. Ann. Rep. 3 Assist. Post- 
mast.-Gen., 1914, p. 6. 
7 Ibid., 1916, p. 32. In January, 1914, the system was 
extended to Hawaii and Porto Rico.