§ MR. WEIR (Ross and Cromarty)To ask the Secretary to the Treasury, as representing the Postmaster General, in view of the statement contained on page 6 of the Report of the Select Committee on Savings Bank Funds, will he state the number of deposits not exceeding £1 which were lodged in the Post Office Savings Bank during the year ending 31st December last; and in how many cases during the year a notice was sent to depositors whose balance exceeded £200.
(Answered by Mr. Austen Chamberlain.) It is estimable that the deposits under £1, referred to on page 6 of the Report of the Select Committee on Savings Bank Funds, are 60 per cent, of the whole number. On this basis the number of deposits under £1 made during the year ended 31st December last would be 9,011,187. In 27,706 cases during the same year a notice was sent to depositors in the Post Office Savings Bank whose balances exceeded £200.