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SAVINGS BANK DEPOSITS.

A NOTABLE INCREASE. (Pee United Peess Association.) WELLINGTON, May 8. The Postmaster-General (the Hon. J. G. Coates) announced that the Post Office Savings Bank figures for April indicate a continuance of the buoyancy experienced during the last few months, the excess of deposits over withdrawals for tho month being £IIB,OOO. The excess of deposits over withdrawals for tho first four months of this year amounted to more than £500,000, as compared with £169,500 for tho corresponding four months of last year. Th© recovery is all tho more remarkable, and the position all the more satisfactory, in view of the fact that tho statistical abstract shows that excess of withdrawals over deposits year wag £830,000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19250509.2.85

Bibliographic details

Otago Daily Times, Issue 19475, 9 May 1925, Page 10

Word Count
117

SAVINGS BANK DEPOSITS. Otago Daily Times, Issue 19475, 9 May 1925, Page 10

SAVINGS BANK DEPOSITS. Otago Daily Times, Issue 19475, 9 May 1925, Page 10

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