The Pamphlet Collection of Sir Robert Stout: Volume 47

Post Office Savings Banks

Post Office Savings Banks.

9 additional Post Offices were made savings bank Offices during the year, and 5 were closed. On 1st January, 1878, 282 were in operation. During the 3 years ending 30th June, 1877, the withdrawals from these Banks exceeded the deposits, but during the last 6 mos of 1877, the reverse was the case, there having been an increase in the number of depositors of 793, and in the amt. of deposits of 113,917.

The following table shows the business for the Fiscal Year:
Numbers of Savings Bank Offices 1st Jan. 1878. Numbers of Depositors 30th June, 1877. Total Amount deposited during year to 30th June 1877. Amount of Deposits & Interest to credit of Depositors, 30th June, 1877. $ cts. $ cts. 233 24,074 1,521,000 00 2,639,937 47 43 1 232 24,074 1,521,000 00 2,639,937 47

P.O. Savings Bank, year ending June 30,'77.