P.O. Savings Bank Accounts Have £52,916,-352' Credit.
Press Association —Copyright. Dunedin, July IS. The Postmaster-General, the Hon. F. Jones, stated to-day that for the year ended March Post Office Savings Bank deposits exceeded withdrawals by £2,086,179. Interest credited to depositors ' was £1,406,459, and the balance at credit was £52,916,352, an increase of £3,492.638 over that in the previous. year. For April and May deposits exceeded withdrawals by £295,000 and £328,000 respectively. In answer to a question the Minister said it was unlikely the Government woidd authorise a higher interest rate to depositors.
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Bibliographic details
Stratford Evening Post, Volume IV, Issue 161, 19 June 1936, Page 6
Word Count
92P.O. Savings Bank Accounts Have £52,916,-352' Credit. Stratford Evening Post, Volume IV, Issue 161, 19 June 1936, Page 6
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