PROSPERITY OF THE DOMINION.
SAVINGS BANK FIGURES. WELLINGTON, July 14. The prosperity of the dominion is reflected in the savings bank figures, said the Prime Minister at the luncheon to the Municipal Conference delegates this afternoon. He stated that he had just received a statement of the deposits and withdrawals for the month of June, 1914. The deposits in that month had amounted to £1,086,614 12s 6d, and the withdrawals to £948,753 9s 9d, leaving an excess of deposits over withdrawals of £138,861 2s 9d. In June, 1913, the deposits were £935,717 12s 6d, and the withdrawals £893,324 2s lid, a surplus of £43,393 15s 6d. The increase in the surplus of. this June over the corresponding month last year was thus nearly £IOO,OOO. —(Applaxzse.) This money was invested by the Minister of Finance chiefly by way of loans to local bodies and advances to settlers and workers, so that it went directly towards increasing the prosperity of the country. The prosperity of the dominion was further indicated by the latest export figures, totalling in value £24,827,858, as against £22,705,025 last year, an increase of £2,122,843.
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Otago Witness, Issue 3149, 22 July 1914, Page 3
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186PROSPERITY OF THE DOMINION. Otago Witness, Issue 3149, 22 July 1914, Page 3
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