54 ITALY - INSURANCE AND THRIFT 



Savings Deposits Fixed Term 



Deposits in Current Account Deposits 



frs. frs. frs. 



on January 31st., 1911 . . . 486,770,232 290,852,778 133,091,761 



» December 31st., 1911 ... 528,527,322 287,695,977 147,709,118 



» December 31st., 1912 . . . 560,730,438 300,691,361 148,752,473 



The savings deposits, forming more than half the total dei)osits of 

 the ordinary banks, have varied in proportion to the total, showing a con- 

 stant increase, greater in 1911 and less in 1912. On the other hand, the 

 deposits in current account showed a decrease of about 3,000,000 in 1911 

 against an increase of 13,000,000 frs. in 1912. Finally, the fixed term de- 

 posits showed a considerable increase in 1911, while in 191 2 their amount 

 remained almost unvaried. 



§ 2. Deposits in the co-operative 



CREDIT societies WITH LIABILITY LIMITED BY SHARES. 



In respect to the deposits in the Co-operative Credit Societies, we must 

 distinguish between limited liability societies (People's Banks) and unUm- 

 ited societies (Rural Banks). 



Of the first, amongst which the most important group is that of the 

 People's Banks, 664 were considered in each of the years in question, out 

 of a total of 817 existing at the end of 1911 and 813 at the end of 1912. 



In contrast with what is found in the case of the ordinary banks, 

 the increase of the deposits in the co-operative credit societies limited by 

 shares has really been arrested in these two years, since, although in 1911 

 there was a considerable increase, this was counterbalanced by an equally 

 appreciable decrease in 1912, so that the total amount of the deposits, as 

 is seen in the following table, was hardly 1,500,000 frs. more at the end of 

 1912 than at the end of January, 1911. 



Co-operative Credit Societies Limited hy Shares. - Deposits. 



Amont 191X 1912 



frs. frs. \ 



January 1,146,151,430 1,173,137,681 



February 1,146,121,486 1,174,931,386 



March 1,153,617,726 1,169,460,665 



April 1,160,999,717 1,167,613,497 



May 1,168,452,439 1,160,320,569 



June 1,165,490,072 1,146,393,948 



July 1,173,628,052 1,152,922,706 



August 1,179.227,338 1,153,150,837 



September 1,166,960,141 1,140,175,544 



October 1,155,133,514 1,135,407,392 



November 1,156,630,475 1,141,984,221 



December 1,164,664,676 1,147,660,719 



