P. AND T. DEPARTMENT
INCREASE IN STAFF SAVINGS BANK BUSINESS (United Press Association) DUNEDIN, 18th June. In an interview to-day the Postmas-ter-Genefal (the Hon.'F. Jones) stated that there were many applicants for positions in the P. and T. Department in anticipation of start' increases with improving conditions. Since December these conditions had enabled 587 promotions to be made and had allowed the Department to give employment to about 450 outside applicants. Further staff increases might be anticipated. Mr Jones stated that for the year ended March last Post Office Savings BanK deposits had exceeded withdrawals by £2,086,179, the interest credited to depositors was £1,406,459, and the balance at credit was £52,916,352, an increase of £3,492,638 over the previous year. For April and May the deposits exceeded withdrawals by £295,000 and £328,000 respectively. In answer to a question, the Minister stated that it was unlikely the Government would authorise a higher interest rate to depositors.
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Nelson Evening Mail, Volume LXX, 19 June 1936, Page 3
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154P. AND T. DEPARTMENT Nelson Evening Mail, Volume LXX, 19 June 1936, Page 3
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