POST OFFICE SAVINGS BANK RETURNS
(United Press Association.)
WEIJLIN'G'TON, Sept. 22. The Post Office Savings Bank deposits for July totalled' £1,393,493, exceeding the withdrawals by £372,759. On August the deposit's were £1.353,908 and the withdrawals £1,656,011, the withdrawals tlhus exceeding the deposits by £314,103.
For the first seven days of September the withdrawals, exceeded the deposits by £214,852. These -heavy withdrawals, it is pointed out, r ere made during ithe period l that the War Loan was open for subscription, and, in view of tihe fact that approximately £10,000,000 was raised in the Dominion for that purpose, it is considered remarkable that the Savings Bank finances were so slightly disturbed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19160923.2.8
Bibliographic details
Nelson Evening Mail, 23 September 1916, Page 2
Word Count
110POST OFFICE SAVINGS BANK RETURNS Nelson Evening Mail, 23 September 1916, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. 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.