The following is a comprehensive Statement of the Business of Post Office Savings Banks from their commencement to the close of the Year 1865, of the Cost of that Business, and of the Funds in hand at the close of each Year.
| Period. | ||||||
|---|---|---|---|---|---|---|
| From 16th Sept. 1861, to 31st Dec. 1862. | From 31st Dec. 1862, to 31st Dec. 1863. | From 31st Dec. 1863, to 31st Dec. 1864. | From 31st Dec. 1864, to 31st Dec. 1865. | From 31st Dec. 1861, to 31st Dec. 1865. | ||
| 1 | Number of Post Office Savings Banks at close of Period. | 2,535 | 2,991 | 3,081 | 3,321 | 3,321 |
| 2 | Number of Deposits received during Period. | 639,216 | 842,848 | 1,110,762 | 1,302,309 | 3,895,135 |
| 3 | Total Amount of Deposits received during Period. | £ 2,114,669 | £ 2,651,209 | £ 3,350,084 | £ 3,719,017 | £ 11,834,979 |
| 4 | Average Amount of each Deposit received during Period. | £ s. d. 3 6 2 | £ s. d. 8 2 11 | £ s. d. 3 0 3 | £ s. d. 2 17 1 | £ s. d. 3 0 9 |
| 5 | Number of Withdrawals during Period. | 97,294 | 197,431 | 309,242 | 407,412 | 1,011,379 |
| 6 | Total Amount of Withdrawals during Period. | £ 438,637 | £ 1,027,154 | £ 1,834,849 | £ 2,318,610 | £ 5,619,250 |
| 7 | Average Amount of each Withdrawal during Period. | £ s. d. 4 10 2 | £ s. d. 5 4 0 | £ s. d. 5 18 8 | £ s. d. 5 13 9 | £ s. d. 5 11 1 |
| 8 | Charges of Management during Period. | £ 20,591 | £ 25,401 | £ 45,856 | £ 49,627 | £ 141,375 |
| 9 | Average Cost of each Transaction, viz. of each Deposit or Withdrawal.[222] | d. 6-7⁄10 | d. 5-8⁄10 | d. 7-7⁄10 | d. 6-9⁄10 | d. 6-9⁄10 |
| 10 | Number of Accounts opened during Period. | 205,928 | 185,934 | 226,153 | 239,686 | 857,701 |
| 11 | Number of Accounts closed during Period. | 27,433 | 44,760 | 74,964 | 98,725 | 245,882 |
| 12 | Number of Accounts remaining open at close of Period. | 178,496 | 319,669 | 470,858 | 611,819 | 611,819 |
| 13 | Total Amount standing to credit of all open Accounts, inclusive of Interest, to close of Period. | £ 1,698,221 | £ 3,377,481 | £ 4,993,163 | £ 6,526,400 | £ 6,526,400 |
| 14 | Average Amount standing to credit, of each open Account at close of Period. | £ s. d. 9 10 3 | £ s. d. 10 11 4 | £ s. d. 10 12 1 | £ s. d. 10 13 4 | £ s. d. 10 13 4 |
| 15 | Total Sum standing to credit of Post Office Savings Banks on Books of National Debt Commissioners at close of Period.[223] | £ 1,659,032 | £ 3,328,182 | £ 4,995,663 | £ 6,582,329 | £ 6,582,329 |
| 16 | Balance in hands of Postmaster-General, after allowing for Charges of Management, at close of Period. | £ 35,692 | £ 44,413 | £ 5,522 | £ 4,327 | £ 4,327 |
| 17 | Total Balance in hand, applicable to payment of Depositors, at close of Period.[224] | £ 1,694,724 | £ 3,372,595 | £ 5,001,185 | £ 6,586,656 | £ 6,586,656 |
| 18 | Number of Old Savings Banks and Post Office Banks combined, at close of Period. | 3,157 | 3,594 | 3,659 | 3,822 | 3,822 |
| 19 | Number of Depositors in Old Savings Banks and Post Office Banks combined, at close of Period. | 1,732,556 | 1,876,389 | 1,967,663 | 2,078,346 | 2,078,346 |
[222] The falling off in the cost per transaction during 1863 and the increase in that cost during 1864 are attributable to one and the same cause, viz., to the payment during 1864 of various charges properly belonging to 1863.
[223] These sums do not include the dividends accruing to the Post Office Savings Bank on the 5th January; that is, five days after the close of the account in each year.
[224] These sums do not include the dividends accruing to the Post Office Savings Bank on the 5th January; that is, five days after the close of the account in each year.
Insurances
"Of the whole number of persons whose proposals have been accepted:—
| 501 | decided to pay their premiums | - annually. |
| 20 | " " | - half-yearly. |
| 81 | " " | - quarterly. |
| 5 | " " | - six times a year. |
| 181 | " " | - monthly. |
| 3 | " " | - fortnightly. |
| and | ||
| 18 | have paid their premiums in one sum | |