'THE PEOPLE'S SAVINGS'
SATISFACTORY FIGURES
POST OFFICE RETURNS
' ur " business done by tho Olnco in the month of September, which was made available by tho Post-master-General yesterday, shows that deposits exceeded withdrawals for tho month by £171,492, as against an excess of deposits for September, 1914, Following wore the figures (shillings and ponce being omitted): — With- Excess
, Deposits, drawals. D'p'sits. Period. £ £ £ 1-15 Sept. 566,485 553,031 13^453 16-23 Sept. 240,860 221,002 19,858 24-30 Sept. 317,213 179,032 138,180
Totals 1,124,559 953,066 171,492 For the corresponding month of last year the total figures were: Deposits, £837,818; withdrawals, £734,353; oxcess of deposits, £103,460. Sir Joseph Ward stfid h© considered these figures highly satisfactory, as allowing that there was an increase of money in the country available for local investment. He believed that other institutions accepting money, on deposit were also receiving ail excess of deposits'over withdrawals.
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Dominion, Volume 9, Issue 2593, 15 October 1915, Page 6
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142'THE PEOPLE'S SAVINGS' Dominion, Volume 9, Issue 2593, 15 October 1915, Page 6
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