October i, int. REVIEW OF REVIEWS. 837 



State Savings Bank of Victoria. 



GUARANTEED BY THE GOVERNMENT OF VICTORIA. 



Established 184 



i . 



COMMISSIONERS: 



CAPTAIN A. CURRIE, J.P., Chairman. 

 W. BELL JACKSON, Esq. 

 SIR GEORGE TURNER, P.C., K.C.M.G. 

 \V. G. McBEATH, Esq.. J. P. 

 COLONEL J. W. McCAY, M.A., LI..M. 



Inspector -Generai GEORGE E. EMERY. J. P. 



SUMMARY OF ANNUAL REPORT 



For Year Ended 30th June, 1913. 



SAVINGS BANKS DEPARTMENT . 



Number of Branches under Managers, 115 (increase, 12) 



Number of Agencies, 3 1 8 (decrease, I ) 



Total Amount at credit of Depositors including £54,086 



Redeemable Stock) ... ... £21,565,921 



Increase for the Year ••• ••• •'•• ••• ... £1,903,455 



Total Number of Depositors' Accounts, 674,542 



Increase for the Year ••• 32,806 



Interest credited to Depositors for the Year at 31 per cent, 

 on first £100, and 3 per cent, on excess up to £350 

 for each Depositor ••• ••• ••• ■•• ••• £622,469 



Net Profit for the Year (after writing £14,000 off Bank 



Premises Account) ••• ••• ••• ••■ ••• £12,378 



Reserve Fund ••• ••• £450,000 



Funds are invested as follows : — 



Cash and Bank Deposit Receipts £3,681,753 



Mortgage Securities, Bank Premises and Freeholds 2,679,997 



Government Stock, Debentures and Bonds; 

 Municipal, Board of Works and Savings 

 Bank Debentures ••• 15,733/HH 



TOTAL FUNDS £22,095,651 



