POST OFFICE SAVINGS BANK.
RECORD OF INVESTMENTS. (From Oub Own Cork«bpokd«k».) WELLINGTON, September 17. The investments of the Post Office Savings Bank are recorded in a return placed before Parliament to-day. The total amount standing to the credit of all open accounts, inclusive of accrued interest, on December 31 last was £33,418,125. The total • nominal value of the securities standing in the name of the Postmastergeneral on account of the Post Office Savings Bank fund on December 31, 1918, was £31,900,936, the cost price having been £31,878,951. The securities include a few small parcels of overseas dominions' securities and some local Government securities, but most of the millions are invested in New Zealand Government debentures and stock.
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Bibliographic details
Otago Witness, Issue 3419, 26 September 1919, Page 8
Word Count
117POST OFFICE SAVINGS BANK. Otago Witness, Issue 3419, 26 September 1919, Page 8
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