42 



ITALY - CREDIT 



number of societies of the sort, namely 127, that of Aqiula 56, that of Sa- 

 lerno 51, that of Caserta 45 and that of Sassari 30. 



At the end of 1916 there were 727 institutions which had opened cur- 

 rent accounts for the amount of 28,695,100 liras ; and they inckided 302 

 agricultural and rural funds — accounts for 10,124,500 liras, 130 popu- 

 lar banks — for 5,876,000 liras, and 91 agricultural consortia — for 

 8,475,500 liras. These institutions and the aforesaid sum of 28,695,100 

 liras were distributed as follows among the provinces : 



Province 



Sassari 



Caserta 



Cagliari 



Teramo 



Foggia 



Aqiiila 



Salerno 



Benevento 



Catanzaro 



lyccce 



Avellino 



Reggio Calabria 



Chieti. 



Bari .« . 



Campobasso 



Potenza 



Cosenza 



Naples 



Total 



727 



28,695,100 



The greatest number of agricultural and rural funds are found in the 

 province of Aquila which has 45 of them. Next to it come Salerno and Ca- 

 serta ^Aith 39 each, Cagliari with 33, Avellino with 20, Benevento 

 with 19, etc. 



The greatest number of agricultural consortia are found in the province 

 of Caserta which has 13 of them. There follow the provinces of Benevento 

 with II, lyccce with 10, Foggia with 9, etc. 



Agricultural Credit Transactions efected in 1916. — Credit was afforded 

 this year by the savings-bank of the bank for 11,934,643 liras (2,602,861 

 liras with the bank's own funds and 9,331,782 with the funds of the provin- 

 cial funds of agricultural credit). 



Altogether discount was given for 7,644,208 liras, direct loans to agri- 

 culturists amounted to 271,617 liras and direct discount to intermediary 

 institutions to 4,018,818 liras. 



