THE PEOPLE'S SAVINGS
LARGE EXCESS OVER WITHDRAWALS. ... ; The Postmaster-General, Sir Joseph Ward, supplied to a reporter yesterday figures relating to the business of tho Post Office Savings Bank for the first' fortnight of the present year. These point to an excess of deposits . over withdrawals for the period, mentioned of £60,512. For th£ corresponding period of the previous _ year, the excess of- deposits over withdrawals was £39,450. "This large excess," commented tho Minister, "is no doubt due to the fact that there is-a plentiful supplv of money in New Zealand, and that the small investors throughout tho country are availing themselves of .the easy means of investment offered by the Savings Bank." Tho figures are as follow: — Excess Dc- With- of deposits. dranals. posit®. Jan 1-7; 1916 194,018 171,361 22,657 Jan. 8-15,1916 223,664 37,805 Jan. 1-15,1916 455,537 395,025 60,512 J0330.375,,35.1.32a 29.450
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19160205.2.35
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 9, Issue 2687, 5 February 1916, Page 6
Word count
Tapeke kupu
141THE PEOPLE'S SAVINGS Dominion, Volume 9, Issue 2687, 5 February 1916, Page 6
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in