§ Mr. MASTERMAN
The total amount standing to the credit of insured persons in England for whom accounts have been opened in the Post Office Fund, as at the end of the first quarter, was £68,322. This is after deduction of the fixed charges in respect of sanatorium benefit and expenses of administration for that quarter. These figures do not include the contributions of persons who surrendered their first cards to the Post Office but joined societies within the prescribed time for joining a society, or of those whose intention to become deposit. contributors (owing to change of address or other reason) has not yet been ascertained. Many first quarter's cards are still being applied for by the societies which insured persons have joined.