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ANNUAL REPORT OF THE BANK COMMISSIONERS. Decrease in Depositors of Nearly 4,000 in the State-Deposits Drop Four and a Quarter Million. Bank Commissioners C. H Noble and Norris S. Lippitt have sumbitted their annual report to Governor Woodruff with "the annual statements of the savings banks as of October 1, 1908, together with the statements of the state banks and trust companies showing their condition at the close of business September 23, 1908, and also the statements of trust companies having savings departments as returned for October 1, 1908." Savings Banks. There were 536,169 depositors in the savings banks on October 1, 1908, and the total amount of the deposits was $252,098,766.78. On October 1, 1907, the deposits amounted to $256,372,061 56, showing a decrease of $4,278,294.78. There were, o n October 1, 1908, 461,579 depositors having less than $1,000 eac hon deposit, those having from $1,000 to $2,000 numbered 49,492. There were 24,681 depositors each of whom had from $2,000 to $10,000, and 417 persons Had each $10,000 and over on deposit. The largest amount due a single depositor was $56,282.82. During the year. 70.045 new accounts were opened, and there were 73,853 accounts closed. The amount deposited during the year, including interest credited. was $58,359,593.39, and the, amount withdrawn was $62,632,888 22. The total assets of savings banks on October 1. 1908, amounted to $267,272,021.68. and on October 1, 1907, they amounted to $270,935,319.86. The liabilities of the banks amounted to $267,272,021.88 on October 1, 1908, and to $270,935,319.86 on Oictober 1, 1907. Eighty banks paid a 4 per cent. dividend and the dividends amounted to $9,342,396.28 Two banks paid a dividend of 3 3-4 per cent., making a total amount of $225,662.15, and five, whose rate was per cent. paid $80,432.11 in dividends. There was one bank which did not pay a dividend. The commissioners say in their report: "The number of depositors has decreased 3,704. and the decrease in deposits of $4,273,294.78, compared with the gain reported in 1907 of $10,107 076.92, illustrates to what extent the panic of 1907-08 was felt. The commissioners take advantage of this opportunity to offer theiracongratulations to the managers of our banking institutions for the excellent way in which the charge entrusted to them The has been administered. restraining order to the Stonington savings bank expired October 3. 1908, and a further order was issued restraining payments to July 3, 1909." State Banks and Trust Companies. The assets and liabilities of the state banks on October 1, 1908, amounted to $11,632,896.23, and of the rtust companies to $27,819,970.28. The itemized statement of the deposits of savings banks shows that as a rule those making an increase are banks located in small towns. Those whish show an increase since October, 1907, are the Bridgeport Savings bank, the Brooklyn savings bank. the Canaan savings bank, the Dime savings bank of Cromwell, the Dime savings bank of Wallingford, the Higganum savings bank, the Moodus savings bank Naugatuck savings bank, New Canaan savings bank, New Hartford savings bank, New Milford savings bakn, Norfolk savings bank, Norwalk savings society, People's savings bank of Bridgeport, People's savings bank of New Britain, People's sa bank of Rockville, Salisbury savings society, savings bank of Matnchester, savings bank of Tolland savings bany of, Danbury, Shelton savings bank, * Stafford savings bank, Thomaston savings bank, Union savings bank of Danbury Westport savings bank and the Willimantic savings institute As in past years the largest individual deposit is held by the Norwich savings society and it amounts to $56,282.82.
