BRITISH THRIFT.

Evening Post, Volume CXIII, Issue 55, 7 March 1927, Page 13

BRITISH THRIFT.

lhe tentn annual report of the National Savings Committee, which deals with the year ended 31st March last, ?<&-% l\ at '"or<V cei'tifi cates were sold in iyjo-.'o than in the previous year; At the same time the amount of money withdrawn from investments in certificates was smaller. Certificates to the number of 43.594 537 were sold during the year, representing » sash value of £33,115.630, the corresponding figures f0r..'1924-25 being, respectively, 40,281,930 and £32,225,544. The slfiof leC^' Sa', e du""t r the >"-=ar was 2S'~!j' tor the previous year being //4Ca3. rhe grand total of certificates sold to the end of the year, from their introduction in 1916, wa5.705,890,003 with a cash equivalent of £598,322,233 '' Hepaymcnts of. certificates durin" tha year amounted to £25,375,074 (exclusive 1-lof- '" J s was a decrease of ii,.ioL,Jl, on the repayments in the previous year. The percentage of repayments during the year to the value-of certificates l nJ°i c, Q at tlle beginning of the year was /.09, the percentage for the previous year

The principal that remained invested in savings certificates at the cud of the year was £375,575,390, an excess of £6;737,550 °" i-c ■ accumulated'iotei-est on. eertineates remaining in force be added the amount due to holders of savings certificates at the end of the year was upwards of £475.000,000 '