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Savings Deposits And Withdrawals

Volume 531: debated on Wednesday 27 October 1954

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95. Mr.

asked the Secretary of State for the Colonies the total of savings-bank deposits, withdrawals and net withdrawals in British Guiana during the period October, 1953, to the latest available date, and during the first fortnight in September, 1954.

From 1st October, 1953, to 30th September, 1954 (the latest available date) deposits amounted to $11,529,526 (£2,401,984) and withdrawals to $10,346,880 (£2,155,600), leaving a net deposit during the period of $1,182,646 (£246,384). In the first fortnight of September, 1954, deposits amounted to $356,628 (£74,297) and withdrawals to $375,337 (£78,195), a net withdrawal of $18,709 (£3,898).