SAVINGS BANK DEPOSITS AND WITHDRAWALS
: 'EFFECT OFTHE LOAN. The deposits in. th"e;Post Office Savings Bank during July, 1916, amounted to £1.392,498, and the '-withdrawals to. £1,019,739, being an excess of deposits over -withdrawals of £872,759. During the '•• following , month. .a ; •. ram .. .of, £1,353,903 was- .deposited,, and £1,668,011-was witiidrawn—the. withdrawals' thus, exceeding the deposits bj £314,103..:F0r the first, seven, days of September the withdrawals : exceeded, the-.deposits by, £214,853. ',- It ivill.be noticed .that, the heavy, withdrawals, were -made during '■ the period, thatljthe War -.Lo'an. n was; open, for-!- subscription, 'and" when. .., -.'it is .remembered that;';, approximately £10,000,000 .was raised .in tfe .Pbinin- r ion it. is; reinarkabje that tie finances of Bank; "were so very slightly.:disturbed.'' ''■/-. '■■;
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Dominion, Volume 9, Issue 2884, 23 September 1916, Page 9
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114SAVINGS BANK DEPOSITS AND WITHDRAWALS Dominion, Volume 9, Issue 2884, 23 September 1916, Page 9
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