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Show Public Confidence Continues To Guin NEW YORK. Ninety-six per cent of over 300 reporting clearinghouses throughout the United States find concrete evidence of favorable turns in public opinion regarding banks. It Is shown in the results of a survey made by "Banking," the monthly publication of the American Bankers Bank-ers Association. City and country districts in every state are represented repre-sented in the survey, it points out. "The outstanding conclusion is that there has been a genuine nation-wide improvement the last few months in the attitude of the public toward its banking institutions," the publication says. Statistical evidence evi-dence on which the bankers base their conclusions which warrant this statement is described as follows: The Evidence "How do bankers know there has been an improvement in the public attitude? Tney have certain statistical statis-tical evidence. They have seen their deposits increase substantially In nearly all the cases reported, and tremendously in some cases. "For another thing, they know that fewer people are using safe deposit de-posit boxes for their savings. "However, many express the view that they could throw out the statistical statis-tical evidence and still realize that the public Is in a better mood where the banks are concerned than before. be-fore. The best evidence offered on this point, numerous bankers say, Is to be found in the acceptance by the public of service charges and reduced re-duced deposit Interest." A Summary of the Returns The statement presents the following fol-lowing summary of the survey: "We find on breaking up the general gen-eral classifications of replies to the poll that the 65 per cent of those answering with an unqualified 'yes' represent only a partial measure of the optimistic feeling. Adding the favorable replies included in other groups, (I. e. 'yes' with qualifications, qualifica-tions, 'no change,' and 'mixed') we "ntf that the vote shows a definitely healthy situation In 84 per cent of the localities reporting: at least some signs of Improvement in another an-other 12 per cent; a continuance of unfavorable conditions in 2 per cent, and a change for the worse in another an-other 2 per cent." As to reasons for the changes in public opinion regarding banks reported re-ported by the clearinghouses "more than one organization has a word to say about the American Bankers Association As-sociation advertising and educational educa-tional material," the magazine says. It mentions in addition the benefits bene-fits of the Federal Deposit Insurance Corporation in the emergency, improvement im-provement in the general business situation, the weeding out of weak banks and the banking moratorium. "The response to the survey can be put down as encouraging and Informative," In-formative," the magazine concludes. "It holds out the dellnite hope that with a continuance of a cooperative, educational attitude on the part of the bankers the rest of the Journey back to normal may well be completed com-pleted In the not too distant future." |