THE POST OFFICE SAVINGS BANK.
DURING the past three months the progress of the Post-office Savings Bank has been rapid and successful. For since the 20th of November, 1867, the trustees of savings banks situated respectively at Portsmouth, Chichester, Windsor, Shenstone, Kingston-on-Thames, Petersfield, Ballinasloe, Croydon, Stow-on-the-Wold, and Bishop Auckland have given or are about to give, their financial affairs in to the hands of the Post-office authorities. The number of depositors in these banks amounts collectively to 18,168; and the total amount due to them on the 20 of November, 1866, amounted to £475,754. By the Act 26 Vict., cap. 14, all saving banks closed under its provisions are enabled to compensate their paid officers out of surplus funds, and by the last parliamentary return on this subject, which dated to November, 1866, it is found that 13,095 had up to that time been expended under this clause of the Act. The Post-office authorities are, in all cases, ready and willing to give active assistance in closing banks, and most of the above-mentioned have, in that way, received official aid under the superintendence of Mr. George Chetwynd, receiver and accountant-general to the Post-office.