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THE “MONEY BOOK”

HOME-SAVING SYSTEM The Post Office home-saving system centres round an attractive little steel money-box designed and coloured to resemble a hook with gilt edges. This is sold locked and the key is ■ kept by the Post Office. When the children’s savings reach an amount sufficient for hanking, the box is opened officially and the contents credited to a savings hank account. There are scores of thousands of these “money books” in the homes of the Dominion, and no fewer than 22,000 were added to the total last year. Through their medium the young people of New Zealand put aside so many thousands of coins from time to time that the year's aggregate reached the surprising figure of £150,000. Handling this amount meant, it is estimated, 62,000 transactions at Post Office Savings Bank counters. A new edition of the home savings bank was secured during the year from a British manufacturer.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19370601.2.37

Bibliographic details

Poverty Bay Herald, Volume LXIV, Issue 19339, 1 June 1937, Page 4

Word Count
153

THE “MONEY BOOK” Poverty Bay Herald, Volume LXIV, Issue 19339, 1 June 1937, Page 4

THE “MONEY BOOK” Poverty Bay Herald, Volume LXIV, Issue 19339, 1 June 1937, Page 4