THE PEOPLE'S SAVINGS
■» IX AUSTRALIAN BANKS. By Cable—Press Association—Copyright Sydney, April 4. The annual report of the Government Savings Bank shows a prosperous year. Debtors' balances increase by .£1,887,398. The total gross profits increased a little over Is Od per cent., while the expenses decreased Is lid per cent. The home savings bank system was .successfully inaugurated, 5031 boxes having been issued to depositors. The balances nt the end of last year totalled ,-ei.),205,«D7, compared with £13.391,222 at the end of the previous year. The total advances under Hie Advances to Settlers' Act amount to £905,000. During the year 622 advances, representing £123,000, have been paid in full.
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Taranaki Daily News, Volume LIII, Issue 270, 5 April 1911, Page 5
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108THE PEOPLE'S SAVINGS Taranaki Daily News, Volume LIII, Issue 270, 5 April 1911, Page 5
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