A RECORD YEAR.

Wanganui Herald, Volume LI, Issue 15195, 16 April 1917, Page 7

A RECORD YEAR.

POST OFFICE SAVINGS BANK. DEPOSITS AND WITHDRAWALS. The Post Office Savings Bank figures for the vear 1916 constitute a new record for* New Zealand. The figures show that the deposits during 1916 were nearly £2,000.000 m excess of what they "were in the pervious year, whilst the withdrawals were over one and a half millions greater last year than in 1915. The amount of business represented in the number of transac tions also constitutes a new record. To indicate clearly the big jumps that have been made in Savings Bank returns, the figures for three years are given, viz., 1916, 1915, and 1913 (the last year that was altogether free from the influences of war conditions). The figures are as follow (shillings and pence omitted) : Deposits. 1916 15,376,408 1915 13,706,657 1913 11,286,702 Withdrawals. 1916 12,957,420 1915 11/294,973 1913 1V,041.,454 Excess of Deposits over Withdrawals. 1916 2,618,988 1915 2,411,683 813 245,247 The number of transactions in 1916 were as follow : Deposits, 1.188,101; withdrawals 688.778. The number of Savings Banks in operation during last year was 786-