Amount Received and Paid by Trustees of Savings Banks; and Computed Capital Invested at the End of Each Year from 1841 to 1885

Trustees' Savings Banks.

Year.	£	£	£	£	£	£	£	£	£	£	£	£
	England and Wales.			Scotland.			Ireland.			United Kingdom.
	Received.	Paid.	Capital.	Received.	Paid.	Capital.	Received.	Paid.	Capital.	Received.	Paid.	Capital.
1841	4,544,429	4,423,740	21,563,878	305,088	253,395	608,509	845,391	810,588	2,302,302	5,694,908	5,487,723	24,474,689
1842	4,620,060	4,589,014	22,312,301	290,109	179,336	652,129	879,034	887,810	2,354,906	5,789,203	5,650,160	25,319,336
1843	5,022,185	4,219,274	23,900,122	407,809	254,294	830,083	897,131	859,447	2,447,110	6,827,125	5,333,015	27,177,315
1844	5,644,469	4,591,318	25,712,661	490,695	312,417	1,043,183	1,031,301	812,540	2,749,017	7,166,465	6,716,275	29,504,861
1845	5,494,500	5,345,725	26,548,358	613,437	409,075	1,278,929	1,045,239	942,242	2,921,581	7,153,176	6,697,042	30,748,868
1846	5,663,102	5,601,794	27,434,474	562,976	498,048	1,383,866	1,074,289	1,155,812	2,924,910	7,300,367	7,255,654	31,743,250
1847	5,331,192	7,011,960	20,535,949	495,202	733,037	1,182,518	822,614	1,315,078	2,488,713	6,649,008	9,060,075	30,207,180
1848	4,941,683	6,508,543	25,678,225	415,678	545,880	1,080,110	505,381	1,598,685	1,855,801	6,862,742	8,653,108	28,114,136
1849	5,310,544	5,520,656	26,158,821	485,945	444,025	1,154,338	400,394	558,079	1,223,851	6,196,883	6,522,760	28,637,010
1850	5,330,451	5,907,170	26,303,814	612,164	477,197	1,325,063	421,075	875,961	1,302,105	6,363,690	6,760,328	28,930,982
1851	5,732,180	5,400,412	27,429,844	620,457	497,160	1,488,707	429,422	407,994	1,359,103	6,782,059	6,305,566	30,277,654
1852	6,163,622	5,742,702	28,649,255	648,363	536,259	1,645,040	469,192	405,945	1,459,966	7,281,177	6,684,906	31,754,261
1853	6,385,084	6,097,436	29,925,259	736,640	582,882	1,837,856	531,796	436,012	1,599,145	7,653,520	7,116,330	33,362,260
1854	6,149,479	6,732,561	30,196,514	735,790	674,048	1,931,928	514,872	549,738	1,607,638	7,400,141	7,956,347	33,736,080
1855	6,018,823	6,473,898	30,613,571	720,506	695,748	2,033,925	448,882	484,487	1,615,639	7,188,211	7,654,133	34,263,135
1856	6,512,407	6,726,046	31,283,714	722,202	853,504	1,938,572	506,344	444,033	1,723,726	7,741,453	8,023,583	34,946,012
1857	6,416,212	7,001,490	31,592,906	652,734	866,372	1,776,746	512,469	507,233	1,775,915	7,581,415	8,375,095	35,145,567
1858	6,620,787	6,684,454	32,441,037	780,023	649,863	1,960,902	501,115	505,586	1,818,423	7,901,925	7,839,903	36,220,362
1859	7,629,464	6,244,090	34,779,356	815,034	648,651	2,210,710	577,409	442,608	2,005,810	9,021,907	7,335,349	38,995,876
1860	8,019,034	7,018,469	36,701,213	861,975	723,092	2,414,073	597,576	516,860	2,143,082	9,478,585	8,258,421	41,258,368
1861	7,369,150	8,230,433	36,855,508	844,326	790,609	2,537,963	551,394	600,497	2,153,004	8,764,870	9,621,539	41,546,475
1862	6,750,220	8,754,663	35,796,867	886,508	821,231	2,677,209	499,842	619,735	2,088,180	8,130,630	10,195,629	40,562,256
1863	6,793,808	7,502,624	36,002,852	957,146	836,319	2,877,332	497,748	567,699	2,071,321	8,248,702	8,906,642	40,951,505
1864	6,757,691	9,070,854	34,728,053	953,138	1,093,803	2,819,033	463,850	617,172	1,973,250	8,174,679	10,781,829	39,520,336
1865	6,278,702	7,923,368	34,049,202	967,663	1,007,652	2,859,377	438,272	626,052	1,836,659	7,684,637	9,557,072	38,745,298
1866	5,927,290	8,840,806	32,076,684	945,945	1,134,046	2,751,166	352,574	678,141	1,554,266	7,225,809	10,652,993	36,382,116
1867	5,741,478	6,793,579	31,950,652	1,055,784	938,243	2,949,732	463,569	428,238	1,632,819	7,260,831	8,160,060	36,533,203
1868	5,742,731	6,721,968	31,834,822	1,164,659	984,007	3,218,843	503,813	370,943	1,813,792	7,411,203	8,076,918	36,867,457
1869	5,868,753	6,380,532	32,052,893	1,278,858	1,066,074	3,526,285	520,124	410,485	1,974,568	7,667,735	7,857,091	37,553,746
1870	5,699,540	6,529,564	32,067,497	1,372,110	1,175,130	3,828,294	500,017	463,089	2,062,758	7,571,667	8,167,783	37,958,549
1871	5,983,287	6,375,684	32,479,545	1,487,970	1,309,144	4,119,735	566,765	465,685	2,220,383	8,038,022	8,150,513	38,819,663
1872	6,339,626	6,362,048	33,005,881	1,702,497	1,491,596	4,452,330	520,848	532,540	2,221,669	8,562,971	8,386,184	39,679,880
1873	6,586,611	6,795,827	33,714,970	1,765,176	1,705,241	4,638,608	436,598	570,176	2,146,557	8,788,385	9,071,244	40,500,1135
1874	6,778,169	6,961,312	34,513,099	1,879,858	1,683,493	4,935,909	408,647	571,520	2,017,391	9,066,674	9,216,325	41,466,399
1875	6,885,986	7,300,948	35,004,442	1,959,444	1,752,994	5,322,065	450,085	455,277	2,061,022	9,295,515	9,509,219	42,387,529
1876	6,787,657	7,292,074	35,407,842	1,995,125	1,784,523	5,697,649	511,097	461,098	2,177,967	9,293,879	9,537,695	43,283,458
^*1877	6,768,688	7,255,667	35,940,001	2,090,480	1,927,283	6,026,802	504,463	472,185	2,271,883	9,363,631	9,665,135	44,238,686
1878	6,661,421	7,730,433	35,895,254	2,061,099	2,084,766	6,178,535	436,098	550,398	2,219,596	9,158,618	10,365,597	44,293,385
1879	6,547,033	8,077,922	35,374,450	1,974,262	2,040,862	6,290,585	394,477	540,972	2,132,825	8,915,772	10,659,756	43,797,860
1880	6,514,828	7,591,853	35,302,337	2,075,510	1,975,929	6,573,945	417,977	508,775	2,100,165	9,008,315	10,076,557	43,976,447
^†1881	6,620,249	7,636,178	35,204,005	2,184,289	2,076,248	6,856,804	423,278	498,214	2,078,707	9,227,816 10,210,640	44,140,116
1882	6,958,296	7,650,022	35,438,867	2,250,979	2,197,291	7,091,300	431,269	480,481	2,082,414	9,640,544	10,327,794	44,612,581
1883	6,854,662	7,678,816	35,544,988	2,308,162	2,227,378	7,359,586	429,214	482,516	2,082,549	9,592,038	10,388,710	44,987,123
1884	7,170,983	7,646,759	36,012,152	2,380,997	2,228,168	7,709,471	451,561	468,447	2,119,264	10,003,541	10,343,374	45,840,887
1885	7,079,815	7,688,412	36,362,690	2,320,493	2,259,924	7,974,832	405,399	558,953	2,018,387	9,805,707	10,507,289	46,355,909

^* For this year, and for the first time, the Statistical Abstract gives a new item, viz., " Interest Credited," amounting in total to £1,246,'732—stating in a note that "Prior to the year 1877 the amount of Interest Credited was not separately distinguished, although it was included in the capital." In 1878, this item came to £1,261,678; in 1879 to £1,248,459; in 1880 to £1,240,829; in 1681 to £1,146,493; in 1882 to £1,159,715; in 1883 to £1,171,214; in 1884 to £1,193,597; and in 1885 to £1,216,604.

^† It may be noted that the Capital Amounts of this and subsequent years do not include the amounts of Government Stock held for depositors, which in 1881 were £124,668, in 1882 £242,524, in 1883 £354,874, in 1884 £477,813, and in 1885 £650,356.

page 124

Post Office Savings Banks (Commenced 1863) and Trustees' Banks.

The following Table shows the amount of capital invested in both banks year by year, from 1863 to 1885. In a note to the Post Office return it is stated that the amount "Received" includes "Interest," which would seem to come more properly under the head of "Paid," unless it is left to fructify, and included in "Capital," as in the case of the Trustees' Banks. From this table it will be seen that in 1885 the Post Office Banks have at length outdistanced their competitors in the favour of the public, but that with all their advantages it should have taken the Government Banks 23 years to accomplish this speaks volumes for the prudent and enterprising management of the rival Trustee Banks.

Capital Invested.

Year.	£	£	£	£	£	£		£	Year.
				United Kingdom.
	England and Wales.	Scotland.	Ireland.	Post Office Banks.	Trustees' Banks.	Total Trustees' and Post Office.
1863	3,131,535	99,359	145,934	3,376,828	40,951,505	44,328,333	..	..	1863
1864	4,687,893	123,747	181.484	4,993,124	39,520,336	44,513,460	Increase	185,127	1864
1865	6,161,488	147,775	217,137	6,526,400	38,745,298	45,271,698	Increase	758,238	1865
1866	7,719,981	164,560	230,634	8,121,175	36,382,116	44,503,291	Decrease	768,407	1866
1867	9,230,229	192,554	327,146	9,749,929	36,533,203	46,283,132	Increase	1,779,841	1867
1868	11,002,147	229,676	434,832	11,666,655	36,867,457	48,534,112	Increase	2,250,980	1868
1869	12,713,223	266,747	544,239	13,534,209	37,553,746	51,077,955	Increase	2,543,843	1869
1870	14,161,869	304,235	633,000	15,099,104	37,958,549	53,057,653	Increase	1,979,098	1870
1871	15,939,008	340,757	745,239	17,025,004	38,819,663	55,844,667	Increase	2,787,014	1871
1872	18,103,398	389,201	825,740	19,318,339	39,679,880	58,998,212	Increase	3,15,5,545	1872
1873	19,917,432	404,768	845,549	21,167,749	40,500,135	61,667,884	Increase	2,669,072	1873
1874	21,825,787	417,936	913,746	23,157,469	41,466,399	64,623,868	Increase	2,955,984	1874
1875	23,740,829	443,213	1,003,303	25,187,345	42,387,529	67,574,874	Increase	2,951,006	1875
1876	25,393,490	479,343	1,123,717	26,996,550	43,283,458	70,280,008	Increase	2,705,134	1876
1877	26,974,318	509,715	1,256,724	28,740,757	44,238,686	72,979,443	Increase	2,699,435	1877
1878	28,538,104	547,653	1,325,806	30,411,563	44,293,385	74,704,948	Increase	1,725,505	1878
1879	30,022,266	572,479	1,417,389	32,012,134	43,797,860	75,809,994	Increase	1,105,046	1879
1880	31,568,770	619,973	1,555,894	^*33,744,637	43,976,447	77,721,084	Increase	1,911,090	1880
1881	33,771,412	699,689	1,723,395	36,194,496	44,140,116	80,334,612	Increase	2,613,528	1881
1882	36,331,194	781,167	1,925,160	39,037,821	44,612,581	83,650,402	Increase	3,315,790	1882
1883	38,872,618	844,134	2,052,056	41,768,808	44,987,123	86,755,931	Increase	3,105,529	1883
1884	41,645,987	903,439	2,224,347	44,773,773	45,840,887	90,614,660	Increase	3,858,729	1884
1885	44,289,875	969,791	2,438,172	47,697,838	46,355,909	94,053,747	Increase	3,439,087	1885

^* To this and subsequent years' capital amounts there should be also reckoned the following investment in Government Stock standing to the credit of P. O. Bank Depositors at end of each year, viz.: 1880, £127,629; 1881, £738,967; 1882, £1,143,716; 1883, £1,519,982; 1884, £1,916,325; and 1885, £2,452,252.

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The Pamphlet Collection of Sir Robert Stout: Volume 14

Amount Received and Paid by Trustees of Savings Banks; and Computed Capital Invested at the End of Each Year from 1841 to 1885