MARVELS OF THE SAVINGS BANKS.
THE savings banks of New York State gained in deposits by $70,000,000 last year. This gain alone is greater than the total savings-bank deposits of Japan or Canada, and almost as much as the total deposits of Holland. New York's savings-bank deposits are much more than one-third those of the entire United States. They are more than those of all thrifty New England, with Pennsylvania added. They are more than those of any nation in the world save only the German Empire, and even the German Empire has not twice as many. The savings-bank deposits of New York overtop those of all France by $500,000,000, those of all Great Britain by $360,000,000. These deposits are $514 for each depositor and $170 for each inhabitant of the State. No other State in the Union equals the latter proportion; only California and Rhode Island reach the former. The German average deposit is $150, the average for each German inhabitant is $40.00. Denmark, Switzerland, and New Zealand have the highest foreign savings-bank deposits in proportion to population—respectively $78.00, $62.00, and $49.00.