Page 3 Advertisements Column 3

King Country Chronicle, Volume IV, Issue 282, 3 August 1910, Page 3

A twelve-year-old boy who had reigned supreme over parents and household all through his dozen years was surprised one morning to hear the cry of a little baby brother, "Is'nt it nice, Tommy," said the jubilant father., "that we have another baby?" "Yes, it is nice, father," said Tommy, as he saw the end of his reign; "but what troubles me is, was it necessary?" From a Government return we learn that 36 savings bank offices were opened last year and ten were closed, leaving C 169 offices open at the end of the year. The net gain in the number of accounts was 17,637, the total number being 359,714, or more than one account to every three persons in the Dominion. The net amount added by depositors to their savings was £lll,799 in excess of withdrawals, plus £395,804 of interest earned and credited. The total amount to the credit of depositors is £12,666,898, representing £35 4s 3d to each depositor, or £l2 5s lOd per head of the entire population. The cost of working was £27,000 last year and the cost of management 4s 3d per £IOOO of the total amount at the credit of depositors.