BRITAIN'S THRIFT.
Big Increase In Savings Bank
Deposits.
POST OFFICE REPORT.
(British Official Wireless.) (Received 12 noon.)
RUGBY, July 12.
The Postmaster-General, • Sir William Mitchell-Thomson, speaking in the House of Commons on the vote for his Department, said the Government securities held by savings bank investors had increased during the vear by over £6,000;000 to £201,000,000.
The amount of savings bank deposits had increased nearly £2,000,000 to a total of over £284,008,000.
He mentioned that wireless telephony and broadcasting experiments with the outlying parts of the Empire were still in progress and said that the number of wireless license holders in Britain had increased by 207,000, or over 9 per rent during the last year.
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Bibliographic details
Auckland Star, Volume LIX, Issue 164, 13 July 1928, Page 7
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115BRITAIN'S THRIFT. Auckland Star, Volume LIX, Issue 164, 13 July 1928, Page 7
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