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Show HOW THE PEOPLE OF AMERICA SAVE THEIR MONEY (By A. P. Bigelow, Cashier Tho Og-den Og-den Stat Bank.) Some very interesting figures have been issued by the United States government gov-ernment in connection with the savings sav-ings of tho American people in tho various parts of the country. The figures in question show that In 1850 with a population of 23,000,000 the United States had 250,000 savings depositors de-positors with nearly $43,500,000 to their credit in tho banks. In 1SS0 with a population of 50,-000.000, 50,-000.000, tho savings depositors numbered num-bered 2,335,000 with $S19,000.000 on deposit. In 1913, the year which the latest -figures cover, the population of the United Stales was estimated at 97,000,000 with 10,000,000 savings depositors de-positors having to their credit no less than $4,500,000,000. Some Important percentages can bo obtained from these figures. For example, ex-ample, in 1S50, about 1.1 per cent of the people had deposits in the Savings Sav-ings banks, there being on deposit about $1.90 per capita of the totul population. In 1880, 30 years later, 4.5 per cent of the peoplo had savings accounts, tho per capita savings for the entire country being $16.40. In 1913 nearly 11 per cent of the people had savIngB deposits aggregaUng nearly $47 per capita of tho entire population. Yet wo find that tho average deposit of each person actually actu-ally having a savings account rose from $175 in 1850 to $350 in 1SS0 and $450 in 1913. Considering tho country by sections, sec-tions, tho average savings deposit account ac-count in the New Kngland districts amounts to $417, in tho eastern states $499, In tho southern states, $197, in tho middle westorn states $360, In the western states $234, and in the Pacific Pa-cific states $499. To account for theso differences there are many matters to be taken into consideration, one of the chief among which Is, of course, the varying vary-ing density of population. Considering the question of average aver-age incomes, expenditures and savings sav-ings of tho various classes of peoplo. the government figures arc extremely Interesting. Tho following tabulation shows tho manner in which the people of the United States earn, spend and save. Class. Income Expend. Sav'g Bankers and bro- kcrs $7,726 ?5.38S $2,338 Lawvers 4,196 2.685 1,474 Phvsiclans 3,907 3,190 717 Railway officials 3,441 2.813 628 Supts. Mfg. Co.s 3,262 2,633 729 Clergymen 3.150 2,581 360 Professors and tutors 2.S7S 2,335 543 Steamboat officials offi-cials 2,529 1.926 603 Express Co. officials offi-cials 1,906 1,G47 259 Accompanying the figures is a report re-port covering the deposits of tho world at largo which shows that tho largest Individual savings depositor in the world is the native of Switzerland who has $86.47 to his credit. At the other end of the ladder is the Egyptian Egypt-ian with 24 cents. Next to Switzerland Switzer-land comes Denmark with 66 per capita, followed by Holland and Germany Ger-many with practically the same amount, after which comes the United Uni-ted States with $47. Considering the diversity of the population of this country, as well as tho immense number of peoplo and the rapidity with which tho total volume vol-ume of the population Is growing, tho savings of the people of the United States make a very satisfactory show ing and, altogether the thrift ot the people of this country is something of which it may -well be proud. oo - |