Full text: Postal savings

DEPOSITORS AND DEPOSITS 
75 
which the system has been in operation was as 
follows : 
1911 
1912 
1913 
1914 
1915 
1916 
$ 57 
83 
102 
112 
125 
143 
While this shows a healthy increase in the aver 
age balance, it throws little light upon the sizes 
of the items that make up these averages. Third 
Assistant Postmaster-General Dockery said, De 
cember 4, 1915: “We have now more than 30,- 
000 depositors who have reached the limit—who 
have deposited all they are permitted to deposit 
under the postal savings law—and 22,000 of the 
30,000 who have reached the limit of deposits are 
foreign born.” 16 This was exclusive of the de 
posits which had been withdrawn for investment 
in 2J per cent postal savings bonds. On the 
other hand, the facts previously noted 17 —that on 
June 30, 1916, there were 259 postal savings 
banks each having only one dollar on deposit, 
and 447 whose deposits ranged between $2 and 
$10—are evidence of a large number of petty 
accounts. 
From the earliest agitation for a postal 
lf> The U. S. Post. Savs. Sys. p. 8. 
17 Page 55. 
sav-
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.