A History of Banks for Savings in Great Britain and IrelandLewins, William
History
A History of Banks for Savings in Great Britain and Ireland
Lewins, William
Postal savings banks -- Great Britain; Savings banks -- Great Britain
|Upper Albany Street | 250 | -- | -- |
|West London | 1,106 | Actuary | -- |
|Yoxall and Barton | 200 | Secretary | -- |
| | | | |
| _Scotland._ | | | |
|Auchterarder | 1,400 | Actuary | 430 |
|Monquhitter | 336 | -- | -- |
| | | | |
| _Ireland._ | | | |
|Kilkeel | 976 | Actuary | 976 |
|Tralee | 36,000 | Actuary | 36,000 |
|Killarney | 20,370 | Actuary | 19,105 |
|Nenagh | 832 | -- | 832 |
|Mallow | No returns. |
|Castle Townsend | No returns. |
+----------------------+--------------------------------------------+
The frauds at Hertford, Brighton, Reading, Cuffe Street, Bilston, and
Canterbury, where the amounts of the defalcations are known, are left
out of consideration. Thus the total amount of the frauds enumerated
in the Returns, extending over thirteen years, was 179,280_l._; or if
we include the Cuffe Street bank fraud, to make up for those Irish
banks which sent no returns, and errors of computation, and spread the
total over all the thirteen years, the average amount of defalcation
was at the rate of 17,600_l._ a year; or, taking the banks mentioned
in the Returns, upwards of 7,900_l._ for each involved. Doing the same
with the total loss to depositors, or 117,732_l._, we find the average
loss for each bank to be nearly 5,000_l._
Public-domain text, read in full here on John Shaqi.
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