IMPROVEMENT IN SAVINGS BANK DEPOSITS.
DUNEDEN. April 18. The Hon. Mr Alien states that the Post Office ' Savings Batik made an astounding recovery In [,ho ratio of deposits to withdrawals 9a compared with, this time last ycur. There was tremendous drop in hh« deposits before the present Govern trent came in. Probably the rise of inter^t to 3-2 per ce fnt. had something ta do with the recovery, but the impiMvod state of affairs was not due to thr.<, atone. Ho attributed it mainly to bh& strike effects dying out and Cr> the general firming of the Dominiou'a business, and to the undoubted nv>t that people had now more conficlenoei in the and the Govern mont £hat con-ti-oj^d the country's affairs.
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Bibliographic details
Marlborough Express, Volume XLVIII, Issue 90, 18 April 1914, Page 8
Word Count
121IMPROVEMENT IN SAVINGS BANK DEPOSITS. Marlborough Express, Volume XLVIII, Issue 90, 18 April 1914, Page 8
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