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Show Postal Banks In France. The record of the postal savings bank system In France has been oue of continued progress. In 1882, when this Institution was established, the total number of postal banks In operation op-eration was fi,024 wlthl 21 1,680 deposit accounts rcmnlplng open at the close of the year. These accounts. Including interest due depositors, amounted to $9,187,116. the average sum of the deposits de-posits being $43.41. On December 31, 1909, the latest year for which complete com-plete statistics are available, the number num-ber of banks had Increased by nearly 2,000, the deposit accounts numbered ! 6,542.882. and the deposits, Including j Interest, represented an aggregate amount of $316,4:.C.80r.. averaging 1 $37.08. I The expenses of administration during dur-ing 1900 amounted to $1,504,678. and 1 the net profits to $526,76. It may be recalled that Individual accounts are limited by law to 1,600 francs ($289.50). When an account exceeds this the surplus Is Invested by the bank In national bonds. The total value of the bonds purchased In 1909 was $2,080,675. The withdrawals. Including In-cluding these purchases, amounted to $104,916,150. |