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Show ....tilt.o ("') :»..., o TABLE 2 PERSONAL SAVING AND ITS PENSION AND INSURANCE COMPONENTS, SELECTED YEARS, Year or Period" 20 160 Shares (%) 200 20 70 100 100 100 520 1,120 160 1.6 7.3 7.1 0.5 lO.O 'Nonnal periods exclude war years and reces sions. blncluding consumer durables. SOURCE : Z 110 180 2,550 6,570 11,490 1900-1908 1909-1914 1922-1929 ::0 Life Insurance Reserves Amounts (millions of $) 1900 1,270 1908 2,000 1914 1920 1929 1900-1929 :»r Increase in Assets Pension and Retirement Funds Federal State and Government Local Private Total Personal Savingb '"o C Bureau of Census (1975, vol. 1, pp. 266-67); Munnell (1974, pp. 39, 107). TABLE 3 LIFE INSURANCE POLICIES IN FORCE, Year Number (millions) Total 1900 1915 1920 1925 1929 14 41 65 97 123 7.6 21.0 40.5 69.4 102.1 Value (billions of $) Group Ordinary 6.1 16.7 32.0 52.9 75.7 'Less than $500,000. SOURCE: Bureau of the Census (1975, vol. 2, p. 1056). - a 0.1 1.6 4.2 9.0 1900-1929 Industrial 1.5 4.3 6.9 12.3 17.4 Average Size of Policy ($) Ordinary Group Industrial 2,160 1,800 1,990 2,270 2,470 830 960 1,340 1,590 130 130 150 170 190 CFl C :g o ::0 ..., o "l ..., ::c ['l ~ - (J1 w r o ['l ::0 r -< |
