SAVINGS BANK DEPOSITS.
A NOTABLE INCREASE. WELLINGTON, May 8. The Postmaster-General (the Hon. J. G. Coates) announced that the Post Office Savings Bank figures for April indicate a continuance of the buoyancy experienced during tho last few months, the excess of deposit* over withdrawals for the month being £IIB,OOO. The excess of deposits over withdrawals for the first four months of this year amounted to more than £500,000, as compared with £169,500 for the corresponding four months of last year. The recovery is all the more remarkable, and the position all the more satisfactory, in view of the fact that the statistical abstract shows that excess of withdrawals over deposits last year was £830,000.
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Bibliographic details
Otago Witness, Issue 3713, 12 May 1925, Page 55
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114SAVINGS BANK DEPOSITS. Otago Witness, Issue 3713, 12 May 1925, Page 55
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