P.O. SAVINGS BANK.
The doposits in tho P.O. Savings Bank for tho quarter ending 31st March amounted to £401,017, against £328,691 for the corresponding quarter of the previous yoar. The withdrawals for tho quarter wero £352,764, leaving an excess of deposits over withdrawals of £48,252. In tho same quarter of last year tho withdrawals exceeded tho deposits by £1973. This is bo far satisfactory, though it is doubtful whether it moans that there is sufficient outlet for tho enterprise of the pooplo. In Wanganui the doposits for the qaiarter amounted to £14,620 against £11,94), showing an oicess of doposits of £2679. Tho jiumber of depositors for the quarter) for Jhe whole colony had increased from 34.959
to 36,666. The number of people who arts saving money as evidenced by these deposits is increasing rapidly, and this is a set-off against the exodus of people from the colony.
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Bibliographic details
Wanganui Herald, Volume XXII, Issue 6496, 26 April 1888, Page 2
Word Count
147P.O. SAVINGS BANK. Wanganui Herald, Volume XXII, Issue 6496, 26 April 1888, Page 2
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