OFPICIAL ENQUIRY INTO SAVINGS 53 



Finally, by fixed term deposits are meant those in the ordinary banks 

 and co-operative credit societies deposited in return for interest bearing 

 bonds and those generally redeemable at long notice, especially large sums 

 at unusually high interest. In some measure the extraordinary or time 

 deposits in the savings banks correspond with the above. 



However, the classification is not made on the same principles in 

 all the banks, nor is the classification always made on the same principles 

 in the same bank. Hence there are merely apparent differences in the in- 

 creases and decreases in the amounts deposited under the different heads. 

 So that in order to judge correctly of the real increase or decrease of the 

 deposits, we must in the last resort consider their total amount without 

 distinction of classes. 



So much premised, let us now consider the principal results of the 

 enquiry. 



§ I. Deposits in the ordinary credit societies. 



The ordinary credit societies legally existing on December 31st., 1911 

 were 188 and those legally existing on December 31st., 1912 were 192. 

 Of these, 165 were considered in 1911 and 162 in 1912. The following table 

 shows the fluctuation in the total amount of deposits held by them. 



Ordinary Credit Societies — Deposits. 



Month 191 1 igi2 



frs. frs. 



January 910,714,771 982,180,769 



February 914,166,273 985,815,534 



March 923,629,670 991,857,631 



April 942,306,969 987,597,017 



^^ay 946,434,351 987,580,585 



June 954.197,516 988,299,044 



July 970,942,353 1,006,841,077 



August 974,984,806 1,006,104,529 



I" September 967,280,086 1,002,490,302 



October 947,917,202 992,104,528 



November 954,008,018 994,277,754 



December 963,932,417 1,010,174,272 



From this table we see that the amount considerably increased in 

 these two years. The increase was, however, greater in 1911 than in 1912. 

 In fact while in only eleven months, from the end of January, 1911 

 to the end of December, 1911, the increase was 53,217,646 frs., in the 

 whole of 1912 the increase was only 46,241,755 frs. 



At the end of January, 1911, and at the end of each of the years 

 considered, the deposits were distributed as follows in the three classes 

 mentioned above: 



