POST OFFICE SAVINGS BANK
BUSINESS FOB JUNE QUARTER. Following are particulars of the business of the Post Office Savings Bank for the June quarter:— Period. Deposits ■Withdrawals £ J£ April, 1018 1,477,125 1,343,684 Hay, 1918 1,067,409 1,308,283 June, 1918 1,453,131 1,155,121 . June q'ter, 1918 .£4,597,665 X 1,407,058 In April, the withdrawals exceeded the deposits by .£466,559, but in May and Juno the deposits exceeded the withdrawals by .£359,126 and respectively. In the June quarter of 1917, the deposits amounted to .£4,525,229, and tho withdrawals to .£3,076,616, an excess of deposits of .£1,448,613., ' Tho excess of withdrawals over deposits in April last is accounted for by the floating of the most recent loan. Tho months of May and June, which were not materially affected by the raising of the loan, show a satisfactory excess of deposits.
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Dominion, Volume 11, Issue 268, 1 August 1918, Page 4
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134POST OFFICE SAVINGS BANK Dominion, Volume 11, Issue 268, 1 August 1918, Page 4
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